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Article
Publication date: 11 November 2013

Priantha Fernando and Chandana (Chandi) Jayawardena

– This paper aims to analyze the current state of tourism in Sri Lanka and make practical suggestions for the future.

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Abstract

Purpose

This paper aims to analyze the current state of tourism in Sri Lanka and make practical suggestions for the future.

Design/methodology/approach

The paper is written in the context of a strategic question: “how might post-war Sri Lanka develop inbound tourism?” An analytical approach is taken to discuss potential growth of tourism in Sri Lanka from 2013 to 2016.

Findings

26 years of war affected tourism in Sri Lanka negatively and a dramatic turnaround came when the war ended in 2009. In 2012 most tourist generating countries indicated significant growth. In 2012 Sri Lanka passed two milestones in its tourism history by emerging as a “Million Tourist Destination” and a “Billion Dollar Export Income Earner”. However, from 1,005,605 tourists in 2012, the number who utilized tourist services and facilities is established as 725,000. Sri Lanka is now aiming to attract 2.5 million tourists by 2016. The paper debates that this target is not realistic.

Practical implications

To further develop tourism, Sri Lanka must develop a practical plan with realistic targets. In conclusion, the authors suggest a ten-point plan.

Originality/value

This paper aims to learn from the present and plan for the future. A former Marketing Director of the national tourism authority of Sri Lanka joined hands with an international hospitality and tourism educator to co-write this paper to advocate for a practical approach in forecasting realistic targets for tourism growth in Sri Lanka.

Details

Worldwide Hospitality and Tourism Themes, vol. 5 no. 5
Type: Research Article
ISSN: 1755-4217

Keywords

Article
Publication date: 11 November 2013

Anura Lokuhetty, Chandana (Chandi) Jayawardena and Dileep Mudadeniya

– This paper aims to analyse the current state of tourism in Sri Lanka and make practical suggestions for a shared vision.

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Abstract

Purpose

This paper aims to analyse the current state of tourism in Sri Lanka and make practical suggestions for a shared vision.

Design/methodology/approach

The paper is written in the context of a strategic question: “how might post-war Sri Lanka develop inbound tourism?” An analytical approach is taken to discuss the practicality of the tourist arrival target of 2.5 million tourists to Sri Lanka by 2016.

Findings

Achieving the 2.5 million tourist arrival target in 2016 is not realistic and should be revised to a more manageable two million target. Macro level changes since the end of the war in 2009 should be taken into consideration in preparing a new master plan. Assuming that continuous peace will be there for a long time, is simply not sufficient. Rebuilding the social economic foundation of the society has to be faster and must be the top agenda point for Sri Lanka. This is an essential ingredient for long lasting peace and a healthy and sustainably developed tourism industry in the future.

Practical implications

Addressing six key challenges and incorporating six key strategies identified in this paper should be helpful in developing a new master plan. Debating with and getting inputs from all major stakeholders of the tourism industry is recommended to ensure sustainable tourism development.

Originality/value

This paper provides thought-provoking practical tips from three well-experienced leaders of tourism industry, hotel industry and hospitality education.

Details

Worldwide Hospitality and Tourism Themes, vol. 5 no. 5
Type: Research Article
ISSN: 1755-4217

Keywords

Article
Publication date: 11 November 2013

Hiyal Biyagamage and Chandana (Chandi) Jayawardena

– This paper aims to document the views of a Sri Lankan hotelier/tourism educator on the essential ingredients needed to ensure the future success of tourism in Sri Lanka.

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Abstract

Purpose

This paper aims to document the views of a Sri Lankan hotelier/tourism educator on the essential ingredients needed to ensure the future success of tourism in Sri Lanka.

Design/methodology/approach

The paper is based on an interview covering eight questions in the context of a strategic overall question: “how might post-war Sri Lanka develop inbound tourism?”

Findings

Sri Lanka celebrates two milestones in 2012 – reaching one million tourists and US$ one billion annual income level from tourism. However, it is evident that the key to the future success of tourism in Sri Lanka is simply a “balancing act”. Various important aspects and initiatives should be carefully and strategically balanced now and in the long run so as to ensure that future tourism targets can be attained in a sustainable manner. In conclusion, 12 suggestions are made to reflect where balancing is most needed.

Practical implications

Tourism in Sri Lanka has the potential to emerge as a major export income earner. To further develop tourism, Sri Lanka must balance identified and important aspects and then find innovative and practical solutions.

Originality/value

An international hospitality and tourism educator and a Sri Lankan journalist collaborate in writing this question and answer style paper. The approach taken should be of interest and use to all stakeholders of tourism in Sri Lanka.

Details

Worldwide Hospitality and Tourism Themes, vol. 5 no. 5
Type: Research Article
ISSN: 1755-4217

Keywords

Article
Publication date: 2 May 2022

Kesavan Manoharan, Pujitha Dissanayake, Chintha Pathirana, Dharsana Deegahawature and Renuka Silva

The effectiveness of the construction industry highly depends on the quality of the work practices, education and training. Based on the industry’s need to strengthen the…

Abstract

Purpose

The effectiveness of the construction industry highly depends on the quality of the work practices, education and training. Based on the industry’s need to strengthen the productivity and performance improvement scopes in the construction education/training practices, this study aims to develop a guiding tool for designing new training programmes in different qualification levels considering the industry’s near-future challenges.

Design/methodology/approach

The study methodology encompassed literature reviews, experts’ discussions/reviews and problem-based communication approaches with qualitative methods to obtain a set of expected competency outcomes (COs) for each qualification level. The necessary mapping frameworks were used to display the cross section of each CO.

Findings

The study has presented a guiding model comprising three categories of qualification levels, where each consists of 12 COs with the mapping outcomes against learning domains of a conceptual framework. The guiding model also displays the detailed steps to develop detailed curriculums for different qualification levels of training.

Research limitations/implications

Though the scope of the study was limited to the Sri Lankan context, the findings can be beneficial to many other countries in similar scenarios.

Practical implications

Overall study outcomes are expected to make an impact on the industry’s reskilling and upskilling practices resulting in a considerable level of improvement in the quality and productivity of work operations.

Originality/value

The experts’ reviews highlight the developed model as a valuable tool that provides a platform for upgrading the construction education and training practices based on the industry’s near-future circumstances in productivity and performance improvement practices, also revealing its future influences in training accreditation processes.

Details

Construction Innovation , vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1471-4175

Keywords

Article
Publication date: 3 May 2022

Umaira Danish Dervi, Ashraf Khan, Irum Saba, M. Kabir Hassan and Andrea Paltrinieri

Green finance has shown the importance of being socially responsible and supporting the flow of financial instruments to develop environmentally sustainable and ethical…

Abstract

Purpose

Green finance has shown the importance of being socially responsible and supporting the flow of financial instruments to develop environmentally sustainable and ethical business models. The growing trends raised the need for a quantitative study to address scientific performance analysis and intellectual development. This paper aims to cater quantitative statistics, through a bibliometric review to understand the vital intellectual and influential constitution of green and socially responsible finance.

Design/methodology/approach

The authors apply trending and cutting-edge quali-quantitative approach of bibliometric citation analysis and review of 280 journal articles from the Web of Science database for the period of 1981–2021.

Findings

The results identify the leading academic authors, journals, institutions and countries with relation to green and socially responsible finance literature. We also discuss three research streams in this field: (1) overview of green finance, perception and investor behavior; (2) analysis of performance models and growth factors of green finance; (3) pricing mechanism of SRI. Finally, we identify the research gaps within existing green finance literature, proposing 30 research questions for the future agenda.

Research limitations/implications

The study confines on the Web of Science database, English published articles in known journals and reviews only. It relies on a reputable source and top scientific productions with the most direct link to green finance.

Originality/value

To the best of the authors knowledge, this paper is the first to discuss research streams in the literature of Green finance from a bibliometric aspect along with vast coverage of articles from reputed journals and databases till date. The results of this research along with future research questions will guide the researchers and academicians to further explore and stand on solid quantitative basis regarding the scientific development of Green finance.

Details

Managerial Finance, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0307-4358

Keywords

Article
Publication date: 20 April 2022

Kasun Gajasinghe and Priyanka Jayakodi

This paper aims to explore the relationship between religious and linguistic nationalism in Sri Lanka in the context of the controversy on singing the national anthem in…

Abstract

Purpose

This paper aims to explore the relationship between religious and linguistic nationalism in Sri Lanka in the context of the controversy on singing the national anthem in Tamil during National Independence Day celebrations. It illuminates how language and religious policy work together to maintain Sinhala–Buddhist hegemony and exclude Tamil speakers as second-class citizens in postcolonial Sri Lanka.

Design/methodology/approach

The examination of the anthem controversy includes language and religious policy documents, newspaper articles and YouTube videos.

Findings

The national anthem as a site of struggle is a powerful case to explore how nation-states’ actors mobilize affect, intertwining ideologies on language, religion, ethnicity, geography, and so on to maintain and reinforce dominance over minoritized groups. Therefore, the authors believe that (singing) the national anthem can be a site of study for language policy.

Research limitations/implications

The authors acknowledge that the data used in this study are only in Sinhala and English and identify the need for further research using data sources in Tamil.

Originality/value

While this paper generally contributes to the scholarly dialogues on religion and language, it also sheds light on understanding politics in Sri Lanka. Finally, the authors propose that any meaningful policy implementation efforts toward achieving linguistic justice in Sri Lanka need to include parallel policy changes that promote equality among religions.

Details

English Teaching: Practice & Critique, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1175-8708

Keywords

Book part
Publication date: 7 July 2014

Tessa Hebb, Céline Louche and Heather Hachigian

The objective of this chapter is twofold. It first introduces the theme of the book. There are many ways of looking at socially responsible investment (SRI). It can be…

Abstract

Purpose

The objective of this chapter is twofold. It first introduces the theme of the book. There are many ways of looking at socially responsible investment (SRI). It can be viewed as a financial product where the financial performance is the outmost important aspect and cannot be compromised. Or it can be regarded as a force for change to promote and stimulate a more sustainable development. In this chapter we provide a literature review on SRI especially on the notion of the impact and how it has been addressed so far in the literature. The second objective of the chapter is to provide an overview of the volume by introducing each chapter.

Methodology

This chapter reviews the literature on SRI as well as the chapters included in this volume.

Findings

If SRI is about making a change toward sustainability, we ought to study its societal and environmental impacts. Although scholar articles on SRI have gained importance in the two last decades, very little is known on its impact. Research has developed from a narrow concern with negative screening and divestment in isolated cases to a rigorous analysis of its financial performance across a range of ethical and ESG issues. While we have identified some studies that are beginning to explore the potential impact of SRI for society, this remains a crucial area to explore.

Originality/value of the chapter

The chapter contributes to the debates on the societal impact of SRI, a debate that needs to be continued even if or just because it raises some fundamental questions that are complex and difficult but also necessary to advance SRI.

Details

Socially Responsible Investment in the 21st Century: Does it Make a Difference for Society?
Type: Book
ISBN: 978-1-78350-467-1

Keywords

Book part
Publication date: 30 May 2022

Muthukuda Arachchige Dona Shiroma Jeeva Shirajanie Niriella

In Sri Lanka women make up the majority of the country's population. However, there is a concern that many women are subjected to any form of violence at home which is…

Abstract

In Sri Lanka women make up the majority of the country's population. However, there is a concern that many women are subjected to any form of violence at home which is known as family violence, or in Sri Lanka which is identified as domestic violence. As such domestic violence is one of the topics that have gained attention in Sri Lanka under the major topic of gender-based violence (GBV). Sri Lanka also imposed prolonged lockdowns, travel/mobility restrictions, social distancing, and other health measures/restrictions to control the speedy spread of the COVID-19 pandemic. As a consequence, the life of women was unfavorably impacted. A increase in the number of domestic violence cases against women during public emergencies – here referred to COVID-19 – is one of such negative impacts. Therefore, this study intends to examine the adequacy of the existing laws of prevention of domestic violence in Sri Lanka and investigate the appropriateness of the available judicial mechanism including its preparedness in achieving the proper protection support for the women victims of domestic violence during public emergencies. To reach that goal this doctrinal research study heavily engages in a descriptive and detailed analysis of legal rules found in primary sources such as domestic statutes, international treaties, statistics, government circulars and regulations and case law, etc., in respect of the issue of domestic violence against women during public emergencies with specific reference to Sri Lanka. Secondary resources such as print and electronic text material are also utilized in the completion of this study.

Details

Systemic Inequality, Sustainability and COVID-19
Type: Book
ISBN: 978-1-80117-733-7

Keywords

Book part
Publication date: 31 December 2013

Monica Macquet and Emma Sjöström

Purpose – To discover how SRI develops in the Asian context.Methodology/approach – Extended search of SRI initiatives analyzed with Scandinavian neo-institutional approach…

Abstract

Purpose – To discover how SRI develops in the Asian context.

Methodology/approach – Extended search of SRI initiatives analyzed with Scandinavian neo-institutional approach on how ideas travel and Buddhist Economy.

Findings – Chinese SRI-initiatives imitate western peers, but the imitation results in partial isomorphism that will probably have a weak influence on Chinese companies in ESG.

Research limitations/implications – A limitation of the study is a lack of information and transparency on Chinese homepages.

Practical implications – Chinese SRI is in an early state, and will need back-up and push to become active if it will be able to influence Chinese companies.

Social implications – It is important to have a critical stance, and not trusting optimistic statements about SRI in China as a mean to integrate ESG activities in Chinese companies.

Originality/value of chapter – One of the first overviews and critical analysis of SRI in China.

Details

Institutional Investors’ Power to Change Corporate Behavior: International Perspectives
Type: Book
ISBN: 978-1-78190-771-9

Keywords

Book part
Publication date: 15 October 2015

P. W. Senarath Yapa and Sarath Ukwatte

The purpose of this paper is to analyse the reasons why Sri Lanka adopted International Public Sector Accounting Standards (IPSAS) recently. Many less developed countries…

Abstract

Purpose

The purpose of this paper is to analyse the reasons why Sri Lanka adopted International Public Sector Accounting Standards (IPSAS) recently. Many less developed countries (LDCs) have introduced IPSAS during the recent past. However, little research has been conducted to study the New Public Financial Management and accrual accounting and their impact on LDCs.

Methodology/approach

Using a qualitative approach, the methods of this paper consist of interviews, a documentary review and participatory observation in the Ministry of Finance and Planning (MOFP) and Auditor General’s Department of Sri Lanka, and present a critical interpretation supported by the perspective of globalisation.

Findings

The findings of the research indicate that the public sector reforms and the transition from cash accounting to accrual accounting in the public sector have been strongly affected by the global pressures imposed by international agencies such as International Public Sector Accounting Standards Board (IPSASB) and the World Bank (WB). Empirical evidence shows the dysfunctional impact of globalisation in the public sector accounting standards as there are major structural issues yet to resolve. There are increasing doubts over whether the change to accrual accounting is worth the costs and the additional risks involved.

Research limitations

The results of the interviews are based on the knowledge and past experiences of interviewees. What is generalisable is an understanding of the processes and mechanisms that relate to the way the public sector accounting functions.

Originality/value

This paper adds new literature on public sector accounting in LDCs, which recognises the nexus and interests of international agencies and practice of public sector accounting.

Details

The Public Sector Accounting, Accountability and Auditing in Emerging Economies
Type: Book
ISBN: 978-1-78441-662-1

Keywords

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