The purpose of this paper is to explore the relationship between and commonalities among recent empirical evidences reported on value relevance of accounting information of listed companies in Sri Lanka. This paper therefore reviews seven recent empirical studies conducted in Sri Lanka on value...

Conventional and commonly held wisdom with respect to the adoption of International Financial Reporting Standards (IFRS) is that they lead to improved financial reporting quality and comparability and thereby favorable economic consequences. There are however contradicting evidences disproving...

The purpose of this review is to explore various approaches and perspectives that are currently being used by empirical studies reporting the impact of IFRS adoption in different jurisdictions around the globe. For this purpose to be better served, this study also presents at the outset an...

The debate on aid effectiveness has evolved into the core of multilateral and bilateral assistance. Proliferations of donors and aid fragmentation have caused tangible difficulties on achieving aid effectiveness. Though ample of global and country level aid coordination initiatives targeting aid...

The nature of Micro Small and Medium sized Enterprises (MSMEs) often creates obstacles in giving proper financial statement information for estimating credit risk. Alternative models for SME loan default prediction being suggested in literature employ non-accounting information as supplements to...

Investigations of relationship between macro-economic factors and performance of stock markets at many emerging economies including that of Sri Lanka are relatively limited on one hand and required to be repeated as the underlying economic settings of such economies have rapidly changed over the...

The purpose of this study is to examine the perceived impact of International Financial Reporting Standards (IFRS) adoption and whether it relates to firms' characteristics. The study was conducted among all 62 companies listed in bank, finance and insurance sector at Colombo Stock Exchange...