Senior Prof.

D. B. P. H. Dissabandara

Senior Professor

Department of Finance

dissa@sjp.ac.lk

BIO

Dynamic and accomplished Senior Professor with extensive expertise in Finance and Corporate Governance. Demonstrated leadership in academia, research, and regulatory roles, driving impactful initiatives in capital market development. Recognized for scholarly contributions, international presentations, and leadership in professional associations.

Education:

Ph.D. in Finance, Japan (MONBUSHO Scholarship), 2006
M.Sc. in Management, University of Sri Jayewardenepura, 2000
B.Sc. in Management (Special Degree), University of Sri Jayewardenepura, 1993

Academic Appointments:

Senior Professor, Finance and Corporate Governance, Department of Finance, Faculty of Management Studies and Commerce, University of Sri Jayewardenepura
Vice Chancellor & CEO, Saegis Campus, 2019-2020

Professional Experience:

Director General, Securities and Exchange Commission of Sri Lanka, 2012-2013
Director, Financial Services Academy & Capital Market Education & Training Division, Securities and Exchange Commission of Sri Lanka, 2008-2012
Deputy Secretary General of Financial Affairs, National Economic Council of Sri Lanka, 2018-2019

Leadership & Achievements:

Initiated 10 Key Projects to accelerate the development of the Sri Lankan Capital Market during tenure as Director General of Securities and Exchange Commission.
Led Faculty Accreditation process at the University of Sri Jayewardenepura's Faculty of Management Studies and Commerce.
Published author of "Highlights of Corporate Financing & Governance: The Japanese Experience – Post World War II."
Chaired international research conferences and served as a recognized reviewer.
Held Chairmanships and Directorships in various organizations.
Currently serving as President of the Sri Lanka Finance Association.

Professional Memberships:

Japan Society for Applied Management
Chartered Institute for Securities & Investment, UK

Publications & Presentations:

Conducted empirical research on Corporate Finance and Governance, presenting findings at esteemed international conferences in the US, UK, and Japan.
Numerous publications in reputed research journals.

TEACHING INTERESTS

  • Corporate Finance/Financial Management
  • Corporate Governance
  • Strategic Management
  • Auditing
  • Public Administration/Management
  • Human Resource Management
  • Training & Development
  • Project Management

RESEARCH INTERESTS

  • Corporate Governance
  • Corporate Finance
  • Financial Literacy
  • Dividend Policy
  • Capital Markets & Investments
  • Multi-disciplinary studies (mainly relating to Finance
  • HR
  • Accounting
  • Marketing & Strategy)
  • Self-Management

ACADEMIC QUALIFICATIONS

  • PhD Finance Programme, Chukyo University, Japan (2006)
  • MSc Management Programme, Faculty of Graduate Studies, University of Sri Jayewardenepura, Sri Lanka (2001)
  • BSc in Management (Public) Special Degree (Hons), Faculty of Management Studies and Commerce, University of Sri Jayewardenepura, Sri Lanka (1993)

AWARDS & HONOURS

  • Best International Research Student of the year- (2006, Chukyo University, Japan)
    Awarded by Chukyo University, Japan
  • Prestigious Japanese Government (Monbukagakusho) Scholar- (2002-2006)
    Awarded by Japanese Government (Monbukagakusho)
  • Senior Professor in Finance in the National University System- (on Merit, 2017)
    Awarded by University of Sri Jayewardenepura

PUBLICATIONS

Journal Article

Research Trends in Corporate Governance Index: A Bibliometric Analysis

2023 IUP Journal of Corporate Governance

Dissanayake, Hiranya, Dissabandara, DBPH, Perera, KLW and Ajward, AR

Journal Article

Bibliometric analysis on the impact of COVID-19 on corporate governance

2023 Journal of Financial Studies

Dissanayake, Hiranya, Dissabandara, DBPH, Perera, Wasantha and Ajward, Roshan

Conference Paper

Impact of Dividend Policy on Shareholders’ Wealth under the Level of Leverage: Evidence from Colombo Stock Exchange

2022 Student Conference in Finance- 2022

Abeywickrama, AV Himasha and Dissabandara, DBPH

Journal Article

The impact of board of directors’ characteristics on dividend policy: Evidence from a developing country

2021 Corporate Governance and Sustainability Review

Dissabandara, DBPH and Dissanayake, DMKT

Journal Article

Quantification of corporate governance: A trial for Japanese corporate governance quotient (JCGQ)

2021 Journal of the Graduate School of Business Administration, Chukyo University

Dissabandara, DBPH

Conference Paper

Factors Affecting the Changes in Broker Credit Directives in Sri Lanka

2021 Annual Emerging Financial Markets and Policy Conference- EFMP 2021

Kaushalya, G and Dissabandara, DBPH

Journal Article

Compliance of listed companies with codes of corporate governance and impact on corporate performance: Evidence from Sri Lanka

2021 -

Dissanayake, DHSW, Dissabandara, DBPH and Ajward, AR

Conference Paper

An Evaluation of the Compliance of Sri Lankan Listed Companies With Corporate Governance Principles and Best Practices

2021 Annual Emerging Financial Markets and Policy Conference- EFMP 2021

Dissanayake, DHSW, Dissabandara, DBPH and Ajward, AR

Journal Article

Conceptualization between corporate governance and firm financial performance

2020 International Journal of Accounting & Business Finance

Dissanayake, DHSW, Dissabandara, DPBH and Ajward, AR

Conference Paper

The Impact of Corporate Governance on Corporate Sustainability: A Systematic Literature Review

2020 International Conference on Business Management

Dissanayake, DHSW, Dissabandara, DBPH, Ajward, AR and Perera, KLW

Journal Article

Investors Perception and Audit Expectation Performance GAP (AEG) in the Context of Listed Firms in Sri Lanka

2019 -

Kumari, JS, Ajward, Roshan and Dissabandara, DBPH

Conference Paper

Compliance of listed companies with codes of corporate governance and its impact on corporate performance: A comprehensive analysis of current Sri Lankan evidence

2019 International Conference on Business Management

Dissanayake, DHSW and Dissabandara, DBPH and Ajward, AR

Conference Paper

Compliance with disclosure principles and financial performance: empirical evidence from Sri Lankan listed companies

2019 6th International Conference on Multidisciplinary Approaches (ICMA)

Dissanayake, Hiranya, Dissabandara, DBPH and Ajward, Roshan

Conference Paper

The Level and the Impact of Demographic Factors on the Financial Literacy: An Empirical Analysis of Undergraduates of State Universities in Sri Lanka

2019 6th International Conference on Multidisciplinary Approaches (ICMA)

Edirisinghe, SS, Samarakkody, SS, Ajward, Roshan and Dissabandara, DBPH

Journal Article

Investors Perception and Audit Expectation-Performance Gap (AEG) in the Context of Listed Firms in Sri Lanka

2019 CA Journal of Applied Research

Jayasena, Sandhya, Ajward, Roshan and Dissabandara, DBPH

Journal Article

Impact of compliance with principles on board of directors and corporate performance: Empirical evidence from Sri Lankan listed companies

2018 International Journal of Multidisciplinary Studies

Dissanayake, DHSW, Dissabandara, DBPH and Ajward, AR

Journal Article

The Impact Of Board Characteristics On Dividend Policy: Evidence from Manufacturing Sector of Colombo Stock Exchange

2018 -

Dissanayake, DMKT and Dissabandara, DPBH

Conference Paper

Board Characteristics and Dividend Policy-The Study of Banking and Finance Sector in Sri Lanka

2018 1st International Conference on Business innovation

Dissanayake, Kasun Tharaka and Pitipana, Homagama

Conference Paper

Impact of Corporate Governance on Stock Price: Evidence from Sri Lankan Listed Companies

2018 Student Conference in Finance (2018)

LFernando, PKC and Dissabandara, DBPH

Journal Article

Assessing the Validity of CEV Model in Measuring Ethical Organizational Culture in Banking Sector in Sri Lanka

2018 -

Swarnajothi, S, Dissabandara, DBPH and Senadheera, GDVR

Conference Paper

Corporate Governance in Determining the Stock Price in the Colombo Stock Exchange

2018 International Research Conference of the Kotelawala Defense University | KDU-IRC

Dissabandara, DBPH and Fernando, PKCL

Journal Article

Compliance with Stakeholder Principles of Corporate Governance and Corporate Performance Empirical Evidence from Sri Lankan Listed Companies

2018 -

Dissanayake, DHSW and Dissabandara, DMPBH and Ajward, AR

Journal Article

The Audit Expectations Gap and the Role of Audit Education: Evidence from Sri Lanka

2017 Vidyodaya Journal of Management

Kumari, JS, Ajward, AR, Dissabandara, DBPH, Gunarathne, GCI, Kumarasiri, WDCKT, Moghavvemi, S, Phoong, SW, Lee, ST and Gunathilaka, C

Journal Article

An Empirical Analysis of Japanese Corporate Boards

2015 Journal of the Graduate School of Business Administration, Chukyo University

Dissabandara, DBPH

Conference Paper

The effect of qualified auditors report on share prices: evidence from listed companies of Sri Lanka

2015 12th International Conference on Business Management (ICBM)

Dissabandara, DBPH, Anulasiri, DGAS and Ajward, RA

Conference Paper

The Analysis of Degree and Impact of Demographic Factors on Financial Literacy in a Non-University Higher Education Institution in Sri Lanka

2015 12th International Conference on Business Management (ICBM)

Edirisinghe, SS, Ajward, Roshan Ahamed and Dissabandara, DBPH

Conference Paper

Drivers of corporate voluntary disclosures: Empirical evidence from Sri Lankan listed companies

2015 12th International Conference on Business Management (ICBM)

Jeewantha, GKC, Dissabandara, DBPH and Ajward, Roshan Ahamed

Journal Article

Handling Key Issues in Corporate Governance and Business Ethics: To be True to Self & Beyond Rules and Regulations (Keynote Speech)

2014 -

Dissabandara, DBPH

Journal Article

How is the current view of Japanese corporate governance? A snapshot of the present corporate governance issues in Japan

2012 Journal of the Graduate School of Business Administration, Chukyo University

Dissabandara, DBPH

Conference Paper

The Impact of Dividend Announcements: Reconciliation of Sri Lankan Evidence over the Last Two Decades

2011 8th International conference on Business Management

Dissa Bandara, DBPH and Perera, K

Conference Paper

Current views on corporate governance in Sri Lanka: Evidence from Sri Lankan corporate boards

2010 -

Dissabandara, DBPH

Conference Paper

Corporate governance and best practices and current views based on evidence from Sri Lankan Corporate Boards

2010 -

Dissabandara, DBPH

Journal Article

Factors Affecting Changes in Broker Credit Directives in the Colombo Stock Exchange of Sri Lanka

2010 -

Kaushalya, Gayani and Dissabandara, DPBH

Journal Article

An Empirical Examination of Informational Content of Dividend Announcements in the Sri Lankan Share Market

2010 CBS Journal of Multidisciplinary Studies

Dissabandara, DBPH and Perera, KDI

Journal Article

コーポレート・ガバナンスの定量化: 日本企業のコーポレート・ガバナンス指数に関する試論 (JCGQ)

2006 中京経営紀要

Dissabandara, DBPH

Journal Article

Contemporary Analysis of Japanese Corporate Boards

2005 Chukyo keiei kenkyu

Noboru, Nakagaki and Dissabandara, DBPH

Journal Article

Corporate Governance of the Japanese Enterprise

2004 -

Nakagaki, Noboru and Dissabandara, DBPH

Journal Article

How is the Current View of Japanese Corporate Governance?: A Snapshot of the Present Corporate Governance Issues in Japan

2004 -

Dissabandara, DBPH

Journal Article

Corporate Restructuring in Japan

2004 中京経営研究

Nakagaki, Noboru and Dissabandara, DBPH

Conference Paper

Contemporary Issues in Japanese Financial System

2003 Annual Research Session of the Japan Society for Applied Management (JSAM-Chubu Division), Nagoya, Japan

Dissabandara, DBPH

Conference Paper

Contemporary Issues in Corporate Governance

2003 Japan Society of Applied Management & Dohto University (21st Annual National Research Conference), Hokkaido, Japan

Dissabandara, DBPH

Journal Article

Dividend announcements, firm size and dividend growth in the Sri Lankan Stock Market

2002 Sri Lankan Journal of Management

Dissabandara, DBPH and Samarakoon, LP

Conference Paper

Dividend Signaling, Market Response to Dividend Change and Capital Market Efficiency: An Empirical Analysis

2001 Annual Research Sessions 2000/2001 of the Faculty of Management Studies & Commerce

Dissabandara, DBPH

Conference Paper

Dividend signaling, market response to dividend change and capital market efficiency: An empirical analysis

2000 Annual Research Sessions 2000/2001 of the Faculty of Management Studies & Commerce

Dissabandara, DBPH

Journal Article

An empirical examination of the informational content of dividend announcements in Sri Lanka

2000 Unpublished M. Sc. Thesis

Dissabandara, DBPH

Administrative Assignments

Student Counsellor - Student Counsellor

1995.01.01 - 2010.12.31

University of Sri Jayewardenepura

Treasurer - Treasurer

1999.01.01 - 2000.12.31

University Teachers’ Association, University of Sri Jayewardenepura

Special Committee Member - Special Committee Member

2018.01.01 - Up to now

University Teachers’ Association (UTA), University of Sri Jayewardenepura

Member - Member

2006.01.01 - 2008.12.31

University Canteen Committee

Main Warden - Main Warden

2006.01.01 - 2008.12.31

University of Sri Jayewardenepura

Member - Member

2006.01.01 - Up to now

Review Committee of International Conference on Business Management [ICBM]

Main Facilitator - Main Facilitator

2007.01.01 - 2008.12.31

University Auction

Vice President - Vice President

2007.01.01 - 2009.12.31

University Teachers’ Association (UTA), University of Sri Jayewardenepura

General Secretary - General Secretary

2007.01.01 - 2010.12.31

Federation of University Teachers’ Association (FUTA), University of Sri Jayewardenepura

Internship Coordinator - Internship Coordinator

2012.01.01 - 2017.12.31

Department of Finance, University of Sri Jayewardenepura

Co-chairperson - Co-chairperson

2014.01.01 - 2018.12.31

AACSB Accreditation Sub-committee 15 on Faculty Qualifications and Engagement

Member - Member

2014.01.01 - 2018.12.31

Faculty Research Committee

Member - Member

2014.01.01 - 2018.12.31

Association of Commonwealth Universities (ACU)

Chairman - Chairman

2014.01.01 - 2018.12.31

AACSB Accreditation Sub-committee

Member - Member

2014.01.01 - Up to now

Faculty Development Fund, Faculty of Management & Commerce, University of Sri Jayewardenepura

Member - Member

2014.01.01 - Up to now

Review Committee of International Conference Multidisciplinary [ICMA]

Chairman - Chairman

2014.01.01 - 2018.12.31

Faculty Accreditation Committee of the Faculty of Management & Commerce, University of Sri Jayewardenepura

Chairman - Chairman

2015.01.01 - 2017.12.31

University Strategic Planning Committee, University of Sri Jayewardenepura Studies & Commerce

Member - Member

2015.01.01 - 2018.12.31

Committee on Policy Formulation [Student Policy], University of Sri Jayewardenepura

Chairman - Chairman

2015.01.01 - 2018.12.31

Board of Study in Management Studies and Commerce, Faculty of Graduate Studies, University of Sri Jayewardenepura

Council Member - Council Member

2015.01.01 - 2018.12.31

University of Sri Jayewardenepura

Head - Head

2015.01.01 - 2018.12.31

Department of Finance, Faculty of Management Studies and Commerce, University of Sri Jayewardenepura

Council Representative - Council Representative

2016.01.01 - 2019.12.31

Management Committee of the External Degrees and Extension Courses Unit (EDECU), University of Sri Jayewardenepura

MEDIA APPEARANCES