A W G C N Wijethunga

A W G C N Wijethunga

Sabaragamuwa University of Sri Lanka

H-index: 3

Asia-Sri Lanka

About A W G C N Wijethunga

A W G C N Wijethunga, With an exceptional h-index of 3 and a recent h-index of 3 (since 2020), a distinguished researcher at Sabaragamuwa University of Sri Lanka, specializes in the field of Investment Analysis, Capital Market Theories.

His recent articles reflect a diverse array of research interests and contributions to the field:

Financial development and environmental quality in developed countries: a systematic literature review

The effect of financial development on environmental quality: a developing country evidence

INTENTION TOWARDS ADOPTING GREEN BANKING INITIATIVES IN COMMERCIAL BANKS IN SRI LANKA: AN ANALYSIS OF BANKERS’PERSPECTIVE

Role of Stock Market Development in Promoting Foreign Portfolio Investments: Evidence from Sri Lanka

IMPACT OF BANK EFFICIENCY ON BANKING SECTOR DEVELOPEMENT IN SRI LANKA

Effect of investors' psychology on capital market investment: An application of the theory of planned behavior

A W G C N Wijethunga Information

University

Sabaragamuwa University of Sri Lanka

Position

Lecturer in Finance

Citations(all)

43

Citations(since 2020)

39

Cited By

12

hIndex(all)

3

hIndex(since 2020)

3

i10Index(all)

1

i10Index(since 2020)

1

Email

University Profile Page

Sabaragamuwa University of Sri Lanka

A W G C N Wijethunga Skills & Research Interests

Investment Analysis

Capital Market Theories

Top articles of A W G C N Wijethunga

Financial development and environmental quality in developed countries: a systematic literature review

Authors

Lanouar Charfeddine,Karim Ben Khediri

Published Date

2016/3/1

This study extends the recent work of Shahbaz et al. (2014) by implementing recent unit root tests with multiple structural breaks and regime-switching cointegration techniques considering for one and two unknown regime shifts to investigate the relationship between carbon dioxide emissions, electricity consumption, economic growth, financial development, trade openness and urbanization for the UAE over the period spanning from 1975 to 2011. Our results confirm the existence of Environmental Kuznets Curve (EKC). Moreover, we find an inverted U-shaped relationship between financial development and CO2 emissions. We also find that electricity consumption, urbanization and trade openness contribute to improve environmental quality.

The effect of financial development on environmental quality: a developing country evidence

Authors

Ambepitiya Wijethunga Gamage Champa Nilanthi Wijethunga,Mohammad Mafizur Rahman,Debaherage Athula Indunil Dayaratne

Published Date

2023/12

Financial development is vital to enhance the inclusive growth of a country in the modern world, and environmental quality, affected by financial development, is also a highly debated topic. Thus, this study attempts to investigate the role of financial development in determining environmental quality in Sri Lanka considering other variables namely economic growth, energy consumption, trade openness, and foreign direct investments. The key econometric tool used for the purpose is the Autoregressive Distributed Lag (ARDL) approach with the data from 1992 to 2021. As per the findings, financial development, economic growth, energy consumption, and foreign direct investments adversely impact environmental quality both in the long-run and short-run. Additionally, trade openness established a negative impact in the short-run only. Importantly, the Environmental Kuznets’ Curve (EKC) hypothesis and Pollution …

INTENTION TOWARDS ADOPTING GREEN BANKING INITIATIVES IN COMMERCIAL BANKS IN SRI LANKA: AN ANALYSIS OF BANKERS’PERSPECTIVE

Authors

AS Tharushi,DLSJ Amarawickrama,JAAD Perera,LMH Senevirathna,AWGCN Wijethunga

Journal

EXTENDED ABSTRACTS

Published Date

2022/11/18

Climatic change has become a global concern, and everybody has the prime responsibility for mitigating climate change issues. As a part of the economy, the banking sector is also responsible for global warming in case of rising greenhouse gas emissions. It indicates that banks have to play an intermediary role between economic growth and environmental protection via managing banking activities. The banks play an important role as financial intermediaries. Being a responsible entity in the economy, banks should adopt green banking practices to their internal operating system, investment, and financing portfolios in the public interest. Accordingly, the environment-pollution-free banking that uses bank products, activities, and necessary instruments that do not harm the elements of our environment is called green banking (Mehedi et al., 2017). Green banking allows customers to enjoy their banking services without being present at the counter. Thus, green mortgages, online banking, mobile banking, online accounts, green loans, and paperless banking statements are a few examples of green bank initiatives. The emerging trend of greening is that it diminishes the image of the banks due to the unfulfilling of environmental responsibilities of banks, which will be very expensive to repair. In the developing world, conventional banks should launch new banking products that inspire sustainable practices and need to reform their in-house operations to implement environmentally friendly practices (Ginovsky, 2009). The Green banking initiatives of a bank will be favourable not only for the green environment but also drives cost reductions in banks …

Role of Stock Market Development in Promoting Foreign Portfolio Investments: Evidence from Sri Lanka

Authors

Weeratunga KA,Wijethunga AWGCN

Journal

Advisory Editors

Published Date

2021

Foreign portfolio flow plays a vital role in entire economic development in developed nations and developing contexts. Thus, this study contributes to the existing empirical literature that investigates the impact of stock market development on the foreign portfolio investment flows in the host economy. This study investigates the impact of the stock market development and macroeconomic variables on foreign portfolio investment inflow in the Sri Lankan context. To enhance the objectives of the study, the Autoregressive Distributed Lag (ARDL) bounds testing procedure was employed using data from 1992 to 2019. The results of the empirical analysis revealed that stock market development has a significant impact on foreign portfolio inflows in the long-run and short-run. Among the employed macroeconomic variables, the inflation rate reported as an influential variable on the foreign portfolio investment inflow in both long-run and short-run in Sri Lanka.

IMPACT OF BANK EFFICIENCY ON BANKING SECTOR DEVELOPEMENT IN SRI LANKA

Authors

MAA ASHA

Published Date

2020/12/19

The study investigates the impact of bank efficiency on banking sector development in Sri Lanka. The data gathered through the World Bank database over the period from 1977 to 2018. The study employed ARDL model and apply three-stages of analysis procedure to enhance the objectives. In this study, the banking sector development has defined through develop a composite index using separate proxies for banking sector size, stability and banking access dimensions. The bank efficiency measured by using Private sector credit to GDP. The banking sector development used as dependent variable and bank efficiency as independent variable. Also, the economic growth, inflation, trade openness and financial openness represent the macro-economic determinants of the banking sector development. The study found that the bank efficiency, economic growth and trade openness have positive significant impact …

Effect of investors' psychology on capital market investment: An application of the theory of planned behavior

Authors

TB Piyumini,AWGCN Wijethunga

Published Date

2020

Nowadays, the finance arena is moving from fundamental theories and technical analysis tools towards the behavioral theories in an attempt to explain the investors’ behavior in the market place. Theory of Planned Behavior is a widely used behavioral theory that can be used to predict and explain individuals’ irrational behavior under several conditions. The theory states that attitude toward behavior, subjective norms, and perceived behavioral control, together shape an individual's behavioral intentions and actual behavior. This study aimed to examine the impact of investors’ psychology on behavioral intention in investing in the capital market by applying this model. A self-administrated structured questionnaire was distributed for a sample of 97 investors who invested in the Colombo Stock Exchange to gather the data regarding their attitude, subjective norms and perceived behavioral control. The researchers employed both descriptive and inferential statistics to make the data meaningful of the data and measure the relationships. In addition, Cronbach's Alpha, KMO and Bartlett's tests were employed as diagnostic tests. The findings reveal that attitude has a positive impact on the behavioral intention while two other variables; subjective norms and perceived behavioral control are statistically insignificant. Hence, it suggests that attitudes have impact on the behavioral intention whereas subjective norms and perceived behavioral control do not impact on behavioral intention in investing in the capital market in Sri Lanka.

See List of Professors in A W G C N Wijethunga University(Sabaragamuwa University of Sri Lanka)

A W G C N Wijethunga FAQs

What is A W G C N Wijethunga's h-index at Sabaragamuwa University of Sri Lanka?

The h-index of A W G C N Wijethunga has been 3 since 2020 and 3 in total.

What are A W G C N Wijethunga's top articles?

The articles with the titles of

Financial development and environmental quality in developed countries: a systematic literature review

The effect of financial development on environmental quality: a developing country evidence

INTENTION TOWARDS ADOPTING GREEN BANKING INITIATIVES IN COMMERCIAL BANKS IN SRI LANKA: AN ANALYSIS OF BANKERS’PERSPECTIVE

Role of Stock Market Development in Promoting Foreign Portfolio Investments: Evidence from Sri Lanka

IMPACT OF BANK EFFICIENCY ON BANKING SECTOR DEVELOPEMENT IN SRI LANKA

Effect of investors' psychology on capital market investment: An application of the theory of planned behavior

are the top articles of A W G C N Wijethunga at Sabaragamuwa University of Sri Lanka.

What are A W G C N Wijethunga's research interests?

The research interests of A W G C N Wijethunga are: Investment Analysis, Capital Market Theories

What is A W G C N Wijethunga's total number of citations?

A W G C N Wijethunga has 43 citations in total.

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