Prof. WADKJ Wanigasekara

kaushalya@wyb.ac.lk
0714461107
Department of Accountancy, Faculty of Business Studies and Finance, Wayamba University of Sri Lanka, Kuliyapitiya. 60200

Prof. WADKJ Wanigasekara

Academic Qualifications

  • Ph.D., Finance, University of Kelaniya
  • MBA, Wayamba University of Sri Lanka
  • B.B.Mgt. (Accountancy) Special, University of Kelaniya

Administrative contributions

  • Head, Department of Accountancy (2012-2015)
  • Academic Career Guidance Advisor, Faculty of Business Studies & Finance (2011-2014)

Teaching Interests

  • Financial Management
  • Strategic Finance
  • Advanced Accounting Theory
  • Financial Statement Analysis
  • Research Methodology

Research Interests

  • Intellectual Capital
  • Knowledge Management
  • Value Creation
  • Capital Structure
  • Dividend policy
  • Corporate Governance
  • Sustainability reporting
  • Integrated reporting
  • Working Capital Management
  • Financial Literacy
  • Human Resource Accounting

Research Publications

Indexed Journal Papers  

  1. Karunarathne, WVAD, Weligamage, SS and Wanigasekara, WADKJ, “The Mediating Effect of Knowledge Management on Intellectual Capital and Value Creation: Evidence from Sri Lanka”, Kelaniya Journal of Management, Volume 12, Issue II (2023)
  2. Ekanayake, EMPP and Wanigasekara, WADKJ, “Impact of Quality of Work Life on Employee Productivity in Divisional Secretariats of North Western Province Sri Lanka”, Kelaniya Journal of Management, Volume 11, Issue I (2022)

Refereed Journal Papers

  1. Kulathunga, LCMK, Wanigasekara, WADKJ and Mendis, MOS, “Effect of job design on task performance of engineers of public utility sector organizations in north western province, Sri Lanka, Wayamba Journal of Management, Volume 12, Issue 02 (December – 2021), ISSN 2012-6182
  2. Wanigasekara, WADKJ, Weligamage, SS and Karunarathne, WVAD, “Bridging Intellectual Capital and Knowledge Management through Knowledge: A Review”, Journal of Business Studies, Volume 08 Issue 01 (June 2021)
  3. Perera, LTD, Wanigasekara, WADKJ and Priyadarshani, GKN, “Does Board Characteristics Affects Corporate Financial Leverage? Evidence from Non-financial Companies Listed in Colombo Stock Exchange, Wayamba Journal of Management, Volume 12, Issue 01 (June – 2021), ISSN 2012-6182
  4. Wanigasekara, WADKJ and Mendis, MOS, “Relationship between Employee Productivity and Firm’s Profitability from Shareholders’ and Firm’s Perspectives: A Comparative Study”, Sri Lankan Journal of Business Studies & Finance, Volume 01, Issue 01 (March – 2021), ISSN 2756-9381
  5. Athukorala H.T., Wanigasekara W.A.D.K.J. and Uluwatte K., “Factors Influence on Quality of The Integrated Reporting Framework: With Special Reference to Listed Companies in Colombo Stock Exchange”, Journal of Accountancy and Finance, Volume 07, Issue 02 (December – 2020), ISSN 2386-1444
  6. Wanigasekara, WADKJ, Weligamage, SS and Karunarathne, WVAD, “Shareholder Value Creation Vs. Stakeholder Value Creation: A Review”, Journal of Accountancy and Finance, Volume 07, Issue 02 (December – 2020), ISSN 2386-1444
  7. Wanigasekara WADKJ, Weligamage SS and Karunarathne WVAD, “Measuring Value Creation: Combination of Financial Value Drivers and Non-Financial Value Drivers: A Literature Review”, Journal of Accountancy and Finance, Volume 06, Issue 01 (July – 2019), ISSN 2386-1444
  8. Wanigasekara WADKJ, “VAIC TM as the most noticeable measuring tool for intellectual capital: A review”, Journal of Accountancy and Finance, Volume 03, Issue 02 (December-2016), ISSN 2386-1444
  9. Wanigasekara WADKJ, “The Intellectual Capital; A literature review”, Journal of Accountancy and Finance, Volume 02, Issue 01 (July-2016), ISSN 2386-1444
  10. Senevirathne WAR, Jayendrika WADK and Silva GAJ, “Impact of financial socialization agents towards financial literacy among young micro business entrepreneurs in Colombo district in Sri Lanka”, Journal of Accountancy and Finance, Volume 02, Issue 02 (December-2015), ISSN 2386-1444
  11. Senevirathne WAR and Jayendrika WADK, “The analysis of factors that influence on financial exclusion in Sri Lankan banking sector”, Journal of Accountancy and Finance, Volume 02, Issue 01 (July-2015), ISSN 2386-1444
  12. Jayendrika WADK and Wijesinghe BACH, “A comparative Study on the Impact of Financial Leverage on Shareholders’ Return”, Journal of Accountancy and Finance, Volume 01, Issue 02 (December-2014), ISSN 2386-1444
  13. Jayendrika WADK, Priyadarshanie WAN and Samarakoon SMRK, “The Impact of corporate governance on firm’s Financial Performance”, Journal of Accountancy and Finance, Volume 01, Issue 02 (December-2014), ISSN 2386-1444
  14. Jayendrika WADK, “Components of Intellectual Capital and Shareholders’ Return: A Comparative Study”, Journal of Accountancy and Finance, Volume 01, Issue 01 (July-2014), ISSN 2386-1444

Conference Proceedings – Full Papers

  1. Wanigasekara WADKJ, “Exploring the Strategic Impact of Intellectual Capital and Knowledge Management on Value creation”, 1st Research Colloquium – 2019 for MPhil/PhD students, University of Kelaniya
  2. Jayathissa KMGMDN and Wanigasekara WADKJ, “The Effect of Accounting Practices on Financial Performance of SMEs in Kurunegala District”, 4th Symposium of Accounting and Finance Researches (SACFIRE -2018), ISSN: 2579-1737, Wayamba University of Sri Lanka
  3. Peiris KDU and Wanigasekara WADKJ, “The Impact of Client awareness of Micro Finance on Human Well-being in Chilaw Division”, 4th Symposium of Accounting and Finance Researches (SACFIRE -2018), ISSN: 2579-1737, Wayamba University of Sri Lanka
  4. Fernando WAVS and Wanigasekara WADKJ, “The Impact of Macro Economic Variables on Firm’s Financial performance of manufacturing Industry in Sri Lanka”, 4th Symposium of Accounting and Finance Researches (SACFIRE -2018), ISSN: 2579-1737, Wayamba University of Sri Lanka
  5. Wathsala RDL and Wanigasekara WADKJ, “Impact of Dividend Policy on Share price of Beverage, Food and Tobacco Companies listed in Colombo Stock Exchange”, 4th Symposium of Accounting and Finance Researches (SACFIRE -2018), ISSN: 2579-1737, Wayamba University of Sri Lanka
  6. Ariyarathna SADS and Wanigasekara WADKJ, “The Impact of Exchange Rate Changes to the Share Prices of Listed Companies in Sri Lanka: A Comparative Study”, 4th Symposium of Accounting and Finance Researches (SACFIRE -2018), ISSN: 2579-1737, Wayamba University of Sri Lanka
  7. Priyadarshani TMD and Wanigasekara WADKJ, “Financial Leverage and Firm’s Growth: Sri Lankan Evidence”, 3rd Symposium of Accounting and Finance Researches (SACFIRE -2017), ISSN: 2579-1737, Wayamba University of Sri Lanka
  8. Senanayaka DMYM and Wanigasekara WADKJ, “Factors Affecting to Sri Lankan Undergraduate’s Intention of Internship Programme in Accounting”, 3rd Symposium of Accounting and Finance Researches (SACFIRE -2017), ISSN: 2579-1737, Wayamba University of Sri Lanka
  9. Abdullah MM and Wanigasekara WADKJ, “The Effect of the Capital Structure on Share Price of the Corporate Plantation Sector in Sri Lanka”, 3rd Symposium of Accounting and Finance Researches (SACFIRE -2017), ISSN: 2579-1737, Wayamba University of Sri Lanka
  10. Wicramasinghe WMTA and Wanigasekara WADKJ, “The Impact of Mergers and Acquisition on Financial Performance of Public Listed Companies in Sri Lanka”, 3rd Symposium of Accounting and Finance Researches (SACFIRE -2017), ISSN: 2579-1737, Wayamba University of Sri Lanka
  11. Fernando NDH and Jayendrika WADK, “The Impact of Financial Literacy on Financial Perfromance of Small and Medium Enterprises in Puttlam District”, 2nd Symposium of Accounting and Finance Researches (SACFIRE -2016), Wayamba University of Sri Lanka
  12. Edirisooriya IW and Jayendrika WADK, “Issues in Corporate Governance Model in Sri Lanka”, 2nd Symposium of Accounting and Finance Researches (SACFIRE -2016), Wayamba University of Sri Lanka
  13. Weerakoon HMCS and Jayendrika WADK, “The Association between Sustainability Reporting and Financial Performance of Listed Banking, Finance and Insurance Companies in Sri Lanka”, 2nd Symposium of Accounting and Finance Researches (SACFIRE -2016), Wayamba University of Sri Lanka
  14. Senevirathne WAR and Jayendrika WADKJ, “Financial Literacy and Success of Micro Business: Evidence from Small Enterprises in Sri Lanka”, 1st Intra-disciplinary Conference of Management Researchers (ICMR), Sabaragamuwa University of Sri Lanka
  15. Samarakoon SMRK, Priyadarshanie WAN and Jayendrika WADK, “Corporate governance and Firm Value: Evidence from Colombo Stock Exchange”, Proceedings of 3rd International Research Symposium (IRSYRUSL -2015) ISSN 2235-9710, Rajarata University of Sri Lanka
  16. Priyadarshani GKN and Jayendrika WADK, “Impact of dividend policy on share price volatility of companies listed in Colombo Stock Exchange” Proceedings of 3rd International Research Symposium (IRSYRUSL -2015) ISSN 2235-9710, Rajarata University of Sri Lanka
  17. Mendis ALC and Jayendrika WADK, “The Impact of Firm’s Investment Opportunities on its Dividend Policy: A Study of Colombo Stock Exchange in Sri Lanka”, 1st Symposium of Accounting and Finance Researches (SACFIRE -2015), Wayamba University of Sri Lanka
  18. Nadeesha DLDR and Jayendrika WADK, “Effect of Working Capital Policy and Liquidity on Profitability: Evidence from Listed Manufacturing Companies in Sri Lanka”, 1st Symposium of Accounting and Finance Researches (SACFIRE -2015), Wayamba University of Sri Lanka
  19. Amaraweera IASM and Jayendrika WADK, “The Impact of Capital Structure on Firm Value: Evidence from Manufacturing Sector Companies in Sri Lanka” 1st Symposium of Accounting and Finance Researches (SACFIRE -2015), Wayamba University of Sri Lanka
  20. Ranjani RPC and Jayendrika WADK, “The Effect of Intellectual Capital on Firms’ Financial Performance: A comparative Study”, International Research Conference on Management and Finance (IRCMF 2011) ISBN 978-955-9021-79-7, University of Colombo, Sri Lanka

Conference Proceedings – Extended Abstracts

  1. Piumi Mampitiya and Jayendrika Wanigasekara, The Impact of Corporate Governance on Shareholder Value Creation: Evidence from Sri Lankan Context, 3rd Annual International Undergraduate Finance Research Conference (IUFRC) – 2023 (Best Paper Award)
  2. Dushanthi Kumari and Jayendrika Wanigasekara, The Impact of Knowledge Management on Shareholder Value Creation, 3rd Annual International Undergraduate Finance Research Conference (IUFRC) – 2023
  3. Madhubhashini, KS and Wanigasekara, WADKJ, The Impact of Self-Efficacy and Professional Development on the Audit Quality of the Auditors in the Colombo Urban Area in Sri Lanka, Proceedings of 5th Annual Research Symposium in Management (ARSYM 2022), Wayamba University of Sri Lanka
  4. Gunathilaka, WDRHSK, Wanigasekara, WADKJ and Mendis, MOS, Impact of Financial Variables on Systematic Risk: A Study Based on Companies Listed in Colombo Stock Exchange, Proceedings of 5th Annual Research Symposium in Management (ARSYM 2022), Wayamba University of Sri Lanka
  5. Jayalath, JPDUN, Wanigasekara, WADKJ and Deshika, NPT, Impact of Liquidity on Firm’s Profitability: With Special Reference to Listed Manufacturing Companies in Sri Lanka, Proceedings of 5th Annual Research Symposium in Management (ARSYM 2022), Wayamba University of Sri Lanka
  6. Nayanapriya, HBHS and Wanigasekara WADKJ, The relationship between liquidity risk and bank performance, Proceeding of 8th Symposium of Accountancy and Finance Researches (SACFIRE 2022), Wayamba University of Sri Lanka
  7. Herath, HMSKH, Wanigasekara, WADKJ and Deshika, NPT, The impact of financing decision on shareholder value creation: empirical evidence from listed food beverage and tobacco sector and consumer service sector companies in Sri Lanka, Proceeding of 8th Symposium of Accountancy and Finance Researches (SACFIRE 2022), Wayamba University of Sri Lanka
  8. Fernando, WDV, Wanigasekara WADKJ & Deshika, NPT, Impact of dividend policy on firm performance: empirical evidence from listed manufacturing companies in Sri Lanka, Proceeding of 8th Symposium of Accountancy and Finance Researches (SACFIRE 2022), Wayamba University of Sri Lanka
  9. Madusanka, MAS and Wanigasekara, WADKJ, “Impact of Corporate Social Responsibility Reporting on Firm Performance of Listed Companies in Sri Lanka”, Proceedings of 4th Annual Research Symposium in Management (ARSYM 2021), Wayamba University of Sri Lanka
  10. Amra, MJS and Wanigasekara, WADKJ, “Impact of public debt on inflation and money supply in Sri Lanka”, Proceedings of 4th Annual Research Symposium in Management (ARSYM 2021), Wayamba University of Sri Lanka
  11. Dissanayake DMSNB and Wanigasekara WADKJ, “The impact of financial performance and condition on share price of Food, Beverage & Tobacco companies in Sri Lanka”, ”, Proceedings of 4th Annual Research Symposium in Management (ARSYM 2021), Wayamba University of Sri Lanka
  12. Divyanjalee, PDM, and Wanigasekara, WADKJ, “Effect of board characteristics on sustainability reporting: evidence from listed manufacturing companies in Sri Lanka”, Proceedings of 3rd Annual Research Symposium in Management (ARSYM 2020), Wayamba University of Sri Lanka
  13. Abeyweera, UGSM and Wanigasekara, WADKJ, “Intellectual capital and firms’ profitability: a comparative study in Colombo stock exchange”, Proceedings of 3rd Annual Research Symposium in Management (ARSYM 2020), Wayamba University of Sri Lanka
  14. Bogamuwa MMSKB and Wanigasekara WADKJ, “Analysis of Individual Tax Payers’ Attitudes towards the Payment of Taxes in Kurunegala District”, Proceedings of 1st Annual Research Symposium in Management (ARSYM 2017), Wayamba University of Sri Lanka
  15. Hewapathage BD and Wanigasekara WADKJ, “Working Capital Management Policy and Firm Value of Listed Beverage, Food and Tobacco Companies in Sri Lanka”, Proceedings of 1st Annual Research Symposium in Management (ARSYM 2017), Wayamba University of Sri Lanka

Conference Proceedings – Abstracts

  1. Pathiraja H.P.M.S.L. and Wanigasekara, W.A.D.K.J., Impact of Accounting Information Systems on Organizational Effectiveness: Evidence from Small and Medium Enterprises in Kurunegala District, Proceeding of 9th Symposium of Accountancy and Finance Researches (SACFIRE 2023), 10th November 2023
  2. Ariyarathna, WDTS and Wanigasekara, WADKJ, “The Impact of Firm’s Characteristics on Debt Capital of Manufacturing Sector in Sri Lanka”, Proceeding of 7th Symposium of Accountancy and Finance Researches (SACFIRE 2021), Wayamba University of Sri Lanka
  3. Ranasinghe, MMS and Wanigasekara, WADKJ, “The Effect of Capital Structure on Firm Value: Evidence from Colombo Stock Exchange”, Proceeding of 7th Symposium of Accountancy and Finance Researches (SACFIRE 2021), 10th November 2021
  4. Karunarathne, SMSS and Wanigasekara, WDKJ, “Impact of Ownership Structure on Earnings Management -Evidence from Non-Financial Companies Listed in Colombo Stock Exchange”, Proceeding of 7th Symposium of Accountancy and Finance Researches (SACFIRE 2021), Wayamba University of Sri Lanka
  5. Ranasinghe, UP and Wanigasekara, WADKJ, “The Impact of Board Characteristics on Corporate Social Responsibility: A Study of Listed Banking, Insurance and Finance Companies in Sri Lanka”, Proceeding of 7th Symposium of Accountancy and Finance Researches (SACFIRE 2021), Wayamba University of Sri Lanka
  6. Kulasena, HMJH and Wanigasekara, WADKJ, “Impact of Financial Performance on Shareholders Value Creation of Food, Beverage and Tobacco Sector in Sri Lanka”, Proceeding of 7th Symposium of Accountancy and Finance Researches (SACFIRE 2021), Wayamba University of Sri Lanka
  7. Sarangi, IWMS, Samarakoon, SMRK and Wanigasekara, WADKJ, “Effect of Mergers and Acquisitions on Stock Returns: Evidence from a Frontier Market”, International Conference on Business Management. 10th – 11th December 2020
  8. Wanigasekara, WADKJ and Deshika, NPT, “Human Capital Efficiency and Employee Productivity: A Comparative Analysis of the Manufacturing Sector vs. Service Sector Public Listed Companies in Sri Lanka”, International Conference on Business Management. 10th – 11th December 2020
  9. Wanigasekara WADKJ, Weligamage SS and Karunarathne WVAD, “Measuring Value creation: Financial Value drivers vs. Non-financial Value Drivers”, 10th International Conference on Business and Information (ICBI – 2019), ISSN 2465-6399, University of Kelaniya
  10. Senanayake, DBA and Wanigasekara, WADKJ, “The effect of interest rate fluctuations on profitability of commercial banks in Sri Lanka”, Proceeding of 6th Symposium of Accountancy and Finance Researches. 10th November 2020
  11. Bandara, MABSLA and Wanigasekara, WADKJ, “Impact of Board Structure on Capital Structure: Empirical Evidence from Staple Industry in Sri Lanka”, Proceeding of 6th Symposium of Accountancy and Finance Researches. 10th November 2020
  12. Herath, CHHKIP and Wanigasekara, WADKJ, “The Impact of Corporate Social Responsibility on Firm Value: Evidence from Listed Companies in Sri Lanka”, Proceeding of 6th Symposium of Accountancy and Finance Researches. 10th November 2020
  13. Buddhika, HPA and Wanigasekara, WADKJ, Cash Flows and Performance of Manufacturing Companies Listed in Colombo Stock Exchange”, Proceeding of 6th Symposium of Accountancy and Finance Researches. 10th November 2020
  14. Senevirathne, WAR, Gamini, LPS and Jayendrika, WADK, “Sustaining Micro Enterprises of Women Entrepreneurs through Financial Literacy”, Annual Research Session of the Open University of Sri Lanka, 17-18 November 2016
  15. Jayendrika WADK and Priyadarshani GKN, “Dose the impact of liquidity and leverage on dividend policy vary with the sector?”, Proceedings of 2nd Wayamba International Conference (Winc -2016) ISBN 978-955-4079-53-9, Wayamba University of Sri Lanka
  16. Jayendrika WADK and Wijesinghe BACH, “Determinants of leverage: Industrial sector effects”, Proceedings of 2nd Wayamba International Conference (Winc -2016) ISBN 978-955-4079-53-9, Wayamba University of Sri Lanka
  17. Senevirathne WAR and Jayendrika WADK, “Impact of business owners’ perceived financial literacy on financial well-being of micro enterprises in Sri Lanka”, Proceedings of 2nd Wayamba International Conference (Winc -2016) ISBN 978-955-4079-53-9, Wayamba University of Sri Lanka
  18. Ranjani RPC and Jayendrika WADK, “The Impact of Intellectual Capital and Its Components on Firms’ Market Value: A Comparative Study based on Manufacturing and Service Sector in Sri Lanka”, International Conference on Business & Information (ICBI 2011), ISBN 978-955-9044-95-6, University of Kelaniya, Sri Lanka