Snr. Prof. (Dr.) D. B. P. H. Dissa Bandara

Snr. Prof. (Dr.) D. B. P. H. Dissa Bandara

Senior Professor in Finance and Corporate Governance
B.Sc. Mgt. (Public) (Special) (SJP); M.Sc. Management (SJP); PhD (Chukyo, Japan); APFDA; AITD (SL)

Qualifications

Academic

  • PhD in Finance, Nagoya University & Chukyo University, Japan (Japanese Government –Monbukagakusho Scholar)
  • M.Sc. in Management (Finance), University of Sri Jayewardenepura
  • B.Sc. in Management (Public) Special Degree (Hons), University of Sri Jayewardenepura

Professional

  • MCSI, UK (Member of Chartered Institute for Securities & Investments)
  • Professional Examination, Institute of Chartered Accountants of Sri Lanka
  • MAAT (Association of Accounting Technicians, Sri Lanka)

Positions Held

Department Level (Current)

  • Coordinator; FIN 3320 Corporate Finance Course
  • Coordinator; FIN 4341 Corporate Governance and Business Ethics Course
  • Coordinator; FIN 4331 Internship in Finance & Accounting & Fin 4630 Internship in Finance

Important Voluntary Positions (Present)

  • Member – Faculty Accreditation Committee (AACSB)
  • Member – New Programme Introduction and Evaluation Committee

National & International Voluntary Engagements (Present)

  • Chairman – YADAMA Association of Sri Lanka (from 2011)
  • President – Corporate Governance Research Institute of Sri Lanka [GRISL] (from 2012)
  • Executive Secretary – Sri Lanka Finance Association (from 2016) – https://slfa.lk/

Previous Voluntary Positions Held (Within the University System)

  • Head of Department (Finance), 2015-18
  • Council Member, University of Sri Jayewardenepura, 2015-2018
  • Chairman, Board of Study in Management Studies and Commerce, Faculty of Graduate Studies, University of Sri Jayewardenepura, 2015-2018
  • Chairman, University Strategic Planning Committee, University of Sri Jayewardenepura Studies & Commerce, 2015-2017
  • Chairman, Faculty Accreditation Committee of the Faculty of Management & Commerce, University of Sri Jayewardenepura, 2014-2018
  • Member, Review Committee of International Conference Multidisciplinary [ICMA] (since 2014)
  • Council Representative to the Management Committee of the External Degrees and Extension Courses Unit (EDECU), University of Sri Jayewardenepura
  • Member, Faculty Development Fund, Faculty of Management & Commerce, University of Sri Jayewardenepura
  • Member, Faculty Research Committee, 2014-18
  • Member, Review Committee of International Conference on Business Management [ICBM] (since 2006)
  • Chairman, AACSB Accreditation Sub-committee 01 on Mission, Impact, and Innovation
  • Member of the committee on Association of Commonwealth Universities (ACU) to deal with ACU Measures Since 11th
  • Member, Faculty Research Committee, 2014-18
  • Member, Committee on Policy Formulation [Student Policy], University of Sri Jayewardenepura
  • Co-chairperson, AACSB Accreditation Sub-committee 15 on Faculty Qualifications and Engagement
  • Special Committee Member [Revision of Salaries, Ethics and Prioritizing Demands] appointed by the University Teachers’ Association (UTA), University of Sri Jayewardenepura, March 2018
  • General Secretary – Federation of University Teachers’ Association (FUTA), University of Sri Jayewardenepura (from 2007 to 2010)
  • Vice President – University Teachers’ Association (UTA), University of Sri Jayewardenepura (from 2007 to 2009)
  • Treasurer – University Teachers’ Association, University of Sri Jayewardenepura (from 1999 to 2000)
  • Main Warden, University of Sri Jayewardenepura (from 2006 to 2008)
  • Internship Coordinator of the Department of Finance, University of Sri Jayewardenepura (From 2012 to 2017)
  • Student Counsellor, University of Sri Jayewardenepura (from 1995 to 2002 & 2006 to 2010)
  • Member – University Welfare Committee (from 2006 to 2008)
  • Member – University Canteen Committee (from 2006 to 2008)
  • Main Facilitator – University Auction (2007-2008)

Previous National & International Engagements

  • Vice-chancellor & CEO – Saegis Campus, 2019-20
  • Deputy Secretary General, National Economic Council of Sri Lanka (NEC), 2018-19
  • Chairman– The Standard Credit Finance Ltd., 2016-18
  • Director– Multi Finance PLC, 2016-17
  • Director General – SEC, 2012-13
  • Director – Capital Market Education and Training, 2010-13
  • Director – Financial Services Academy, 2008-10
  • Accountant – Sri Lanka Accountancy Service, 1992-95
  • Audit Examiner – Auditor General’s Department, 1990-92
  • Cost Officer; Noritake Lanka Porcelain (An Associate company of Noritake – Japan) (1987 to 1990)
  • Member of Board of Management, PIM – USJP Council Representative, 2015-18
  • Advisor, YADAMA Association of Sri Lanka (2010- 2011)
  • Vice President, Corporate Governance Research Institute of Sri Lanka [GRISL]
  • (from 2006 to 2012)
  • Subject Review Panellist/Chairman, Ministry of Higher Education and Highways [MOHEH] (from 2013)
  • International Consultant to ADB (from 2017 to 2018)

Areas of Research Interest

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

Publications

Academic Research

  • Financial literacy among undergraduates: Research findings of concern, DailyFT, Friday, 23 October 2020. (Dissabandara D.B.P.H., 2020 [A joint paper with Edirisinghe S.S., Samarakkody S.S., & Ajward A.R.],http://www.ft.lk/financial-services/Financial-literacy-among-undergraduates-Research-findings-of-concern/42-707912.
  • Impact of Compliance with Principles on Board of Directors and Corporate Performance: Empirical Evidence from Sri Lankan Listed Companies (A joint paper with Dissanayake D.H.S.W., & Ajward A.R.) International Journal of Multidisciplinary Studies (IJMS), vol. 5, no. 2, 104-122, 2019
  • The Relationship between Compliance on Shareholder Principles and Corporate Performance: Evidence from Sri Lankan selected listed companies (A joint paper with Dissanayake D.H.S.W., & Ajward A.R.) Asia International Conference on Multidisciplinary Research 2019 (AIMR’19).
  • Corporate Governance Best Practices and Current Views based on Evidence from Sri Lankan Corporate Boards, August, 2010.
  • The Impact of Board Characteristics on Level of Sustainability Disclosure: Evidence from Listed Companies in Sri Lanka (A joint paper with Dissanayake D.H.S.W., & Ajward A.R) Proceedings of the 12th International Research Conference of General Sir John Kotelawala Defense University, Rathmalana, Sri Lanka, 2019.
  • Compliance with Stakeholder Principles of Corporate Governance and Corporate Performance: Empirical Evidence from Sri Lankan Listed Companies (A joint paper with Dissanayake D.H.S.W., & Ajward A.R)Proceedings of the International Research Conference in Humanities and Social Sciences [IRCHSS]-2018.
  • Corporate Governance in Determining the Stock Price on Sri Lankan Colombo Stock Exchange (A joint paper with Fernando   P.K.C.L.)Proceedings of the 11th International Research Conference of General Sir John Kotelawala Defense University, Rathmalana, Sri Lanka, 2018.
  • Impact of Compliance with Principles on Board of Directors and Corporate Performance: Empirical Evidence from Sri Lankan Listed Companies (A joint paper with Dissanayake D.H.S.W., & Ajward A.R.) 5th International Conference on Multidisciplinary Approaches – 2018.
  • The audit expectations gap and the role of audit education: evidence from Sri Lanka (A joint paper with JS, Kumari, AR, Ajward)Vidyodaya Journal of Management, Faculty of Management Studies and Commerce, University of Sri Jayewardenepura, Sri Lanka, 2017.
  • Corporate governance and firm performance – evidence from Sri Lanka (A joint paper with AP,  Samarasinghe) South Asian Journal of Business Studies, 2017
  • Corporate voluntary disclosures and firm value: empirical evidence from Sri Lanka (A joint paper with GKC Jeewantha, and AR Ajward)3rd International Conference on Multidisciplinary Approaches, 2016.
  • The effect of qualified auditors’ report on share prices: evidence from listed companies of Sri Lanka (A joint paper with DGAS, Anulasiri, AR, Ajward) Sustainability, governance and ethics, 7-8 December, 2015, The 12th International Conference on Business Management (ICBM) of the Faculty of Management Studies and Commerce, University of Sri Jayewardenepura, Sri Lanka.
  • Drivers of corporate voluntary disclosures: empirical evidence from Sri Lankan listed companies A joint paper with GKC Jeewantha, and AR Ajward)Sustainability, governance and ethics, 7-8 December, 2015, The 12th International Conference on Business Management (ICBM) of the Faculty of Management Studies and Commerce, University of Sri Jayewardenepura
  • The analysis of degree and impact of demographic factors on financial literacy in a non-university higher education institution in Sri Lanka (A joint paper with SS Edirisinghe, SS, Samarakkody, AR, Ajward)Sustainability, governance and ethics, 7-8 December, 2015, The 12th International Conference on Business Management (ICBM) of the Faculty of Management Studies and Commerce, University of Sri Jayewardenepura.
  • Drivers of corporate voluntary disclosures: empirical evidence from Sri Lankan listed companies (Universal Journal of Management (Under Review), 2015
  • Handling key issues in corporate governance and business ethics: to be true to self & beyond rules and regulations (3rd International Conference on Management and Economics on the theme of ‘RESHAPING MANAGEMENT AND ECONOMIC THINKING THROUGH INTEGRATING ECO-FRIENDLY AND ETHICAL PRACTICES’ Faculty of Management and Finance, University of Ruhuna, Sri Lanka on 26th and 27th February 2014 (with the collaboration of University of Nordland, Norway, University of Agder, Norway).
  • The impact of dividend announcements : reconciliation of Sri Lankan evidence over last two decades (A joint paper with K.D.I. Perera, SEC) The 12th International Conference on Business Management (ICBM) of the Faculty of Management Studies and Commerce, University of Sri Jayewardenepura, Sri Lanka, 2011
  • An empirical examination of informational content of the dividend announcements in Sri Lankan share market (A joint paper with K.D.I. Perera, SEC), Vol. 1, No.1, December, CBS Journal of Multidisciplinary Studies, 2010
  • An empirical analysis of Japanese corporate boards (Journal of the Graduate School of Business Administration – Chukyo University, Japan, 19-67.)
  • Are Lankan stocks responsive to printed news (Achiever Accountant, Department of Accountancy, University of Kelaniya, 2010)
  • Current views on corporate governance in Sri Lanka: Research evidence from Sri Lankan Corporate Boards (presented in the ‘Corporate Governance – Key to Development National Seminar’ with IOSCO Executive Committee Chairperson Jane Diplock, organized by the SEC in September 2010)
  • Reshaping of Corporate Governance After Global Financial Crisis (2-Day Seminar on The Credit Crunch and The Global Financial Crisis – Causes, Consequences and the Way forward, organized by the CBSL in November 2009.)
  • A Contemporary Analysis of Japanese Corporate Boards, (A Joint Paper with Dr. N. Nakagaki, Senior Professor of Finance, Graduate School of Business Administration, Chukyo University), Proceedings of 12th Annual Global Finance Conference, Session 4: Corporate Governance, Trinity College, Dublin, Ireland, June 27-29 2005, http://www.gfc2005.org, ISBN: 0-9768149-5-1
  • An Empirical Analysis of Japanese Corporate Boards, Journal of the Graduate School of Business Administration (Chukyo Keiei Kiyoh)  , Graduate School of Business Administration, Chukyo University, Nagoya, Japan, February 2005. ISSN 1346-3985
  • Corporate Governance of Japanese Enterprise, (A Joint Paper with Dr. N. Nakagaki, Senior Professor of Finance, Graduate School of Business Administration, Chukyo University), Journal of the Faculty of Management, (Chukyo Keiei Kenkyu), Graduate School of Business Administration, Chukyo University, Nagoya, Japan, March 2004. ISSN 0919-9209
  • Current View and Issues of Japanese Corporate Governance, Proceedings of 11th Annual Global Finance Conference & The University of Texas, Las Vegas, Nevada, USA, April 4-6, 2004
  • Contemporary Issues in Japanese Financial System, A conference paper presented at Japan Society for Applied Management (JSAM – Chubu Division), Nagoya, 17th July 2003
  • Dividend Announcements, Firm size and Dividend growth in the Sri Lankan Stock Market (A joint research paper with Prof. Lalith P. Samarakoon, Professor of Finance, University of St. Thomas, USA), Sri Lankan Journal of Management, Vol. 7, Nos. 3&4, July December, 2002, p. 228-245
  • Dividend Signalling, Market Response to Dividend Change and Capital Market Efficiency: An Empirical Analysis (A research paper presented and published in Annual Research Sessions 2000/2001 of the Faculty of Management Studies & Commerce, University of Sri Jayewardenepura. Colombo, Sri Lanka-ISBN 955-9054-34-1), 2001

Business Research

  • Overview of Corporate Governance: Country-level Evidence of Japan and Sri Lanka (A joint paper with Samanthi Senaratne, Professor in Accounting, Department of Accounting, University of Sri Jayewardenepura), 15th Annual Global Finance Conference, College of Business at Zhejiang University of Technology, Hangzhou, China, May 18-20, 2008
  • Quantifying Corporate Governance: Corporate Governance Quotient, Journal of the Graduate School of Business Administration (Chukyo Keiei Kiyoh), Graduate School of Business Administration, Chukyo University, Nagoya, Japan, February 2006. ISSN 1346-3985
  • Corporate Governance Practices, Performance & Emerging Governance Features of Japanese Companies, Proceedings of 12th Annual Global Finance Conference, Session 4h: Corporate Governance, Trinity College, Dublin, Ireland, June 27-29 2005, http://www.gfc2005.org, ISBN: 0-9768149-5-1
  • Adherence to Japanese Corporate Governance Essentials, Performance & Emerging Characteristics, A paper presented at Annual National Research Conference of Japan Society for Applied Management (JSAM), Asia University, September 2004
  • Corporate Restructuring in Japan (A Joint Paper with Dr. N. Nakagaki, Senior Professor of Finance, Graduate School of Business Administration, Chukyo University), Journal of the Faculty of Management, (Chukyo Keiei Kenkyu), Graduate School of Business Administration, Chukyo University, Nagoya, Japan, July 2004. ISSN 0919-9209
  • How is the Current View of Japanese Corporate Governance? A Snapshot of the Present Corporate Governance in Japan, Journal of the Graduate School of Business Administration (Chukyo Keiei Kiyoh), Graduate School of Business Administration, Chukyo University, Nagoya, Japan, March 2004. ISSN 1346-3985
  • Contemporary Issues in Japanese Corporate Governance, A paper presented at Annual National Research Conference of Japan Society for Applied Management (JSAM), Dohto University, Hokkaido, 19th September 2003

Books

  • Corporate Governance Cases: An Evolving Sri Lankan Case Study Series (Editing stage)
  • Savings, Investments and Shifting from Savings to Investments: Your Savings and Investments are the Essentials of Economic Development of Sri Lanka, 2018 (work in progress)
  • Highlights of Corporate Financing & Governance: The Japanese Experience – Post World War II, 2009
  • Evolving Trends in Management: Lessons from Japan, 2009
  • Strategic Life Direction Model: A Proven, Effective Self-Management Formula for Optimum Performance, 2009

Key Note Addresses and Major Presentations

  • “Handling Key issues in Corporate Governance and Business Ethics: To be true to self & beyond rules and regulations” Keynote address, 3rd International Conference on Management and Economics on the theme of ‘Reshaping Management and Economic Thinking through Integrating Eco-friendly and Ethical Practices’ Faculty of Management and Finance, University of Ruhuna, Sri Lanka on 26th and 27th February 2014 (with the collaboration of University of Nordland, Norway, University of Agder, Norway)
  • “The Need of Effective Corporate Governance Framework and other Regulatory Responses Aftermath Global Financial Crisis”, Special seminar for Bangladesh & Sri Lankan Central Bank, Central Bank of Sri Lanka,  19/11/2011
  • “Capital Market Development: The Bankers’ Role”, at the Institute of Bankers of Sri Lanka, 05/11/2011
  • “Marketing & Globalization; Lessons for Sri Lanka”, Keynote Speech at the Zonal Commerce Day – Colombo & Nugegoda  25/11/2011
  • “Investing in the Colombo Stock Exchange”, Special Speech at the Investor Day –  2011 at SLECC Colombo 22/10/2011
  • “Current Status & Challenges Facing Investor Education Initiatives”, Centre for Banking Studies (CBS) of Central Bank of Sri Lanka (CBSL), 15/9/2011
  • “Mistakes & Myths in Investing”, Special Speech at the Investor Day of SEC –  2010 at BMICH, 24/10/2010
  • “Corporate Governance Best Practices and Current Views based on Evidence from Sri Lankan Corporate Boards”, Chaired by Jane Diplock (Chairperson – IOSCO), Programme for Listed Company Directors, September 2010
  • “Postwar Sri Lankan Capital Market & Future Prospects”, Centre for Banking Studies (CBS) of Central Bank of Sri Lanka (CBSL), 24/06/2010
  • “Re-shaping of Corporate Governance on Global Financial Crisis”, Special address for Bangladesh & Sri Lankan Central Bank, Centre for Banking Studies (CBS) of Central Bank of Sri Lanka (CBSL) 29/03/2009
  • “Take Time for Yourself – Make Time for Success” at the Faculty of Management Studies & Commerce, University of Sri Jayewardenepura (Organized by the Staff Development Programme) on 10/10/2007
  • “Quantifying Corporate Governance: Corporate Governance Quotient”, Graduate School of Business Administration, Chukyo University, Nagoya, Japan on 20/11/2005
  • “A Contemporary Analysis of Japanese Corporate Boards” (A Joint presentation with Dr. N. Nakagaki, Professor of Finance, Graduate School of Business Administration, Chukyo University, Japan.) at 12th Annual Global Finance Conference, Global Finance Association, Trinity College, Dublin, Ireland on 27-29 /06/2005
  • “Corporate Governance Practices, Performance & Emerging Governance Features of Japanese Companies” at 12th Annual Global Finance Conference, Global Finance Association, Trinity College, Ireland on 27-29 /06/2005
  • “Corporate Governance Quotient (CGQ): Concept and Methodology” at the annual conference of Japan Society for Applied Management (JSAM – Chubu Division), Nagoya, Japan on 04/06/2005
  • “Blasting the Black Box? An Analysis of Corporate Boards” at the Annual Conference of Japan Society for Applied Management (JSAM – Chubu Division), Nagoya, Japan on 18/12/2004.
  • “Sayonara to Japanese Ceremonial Board! An Analysis of Corporate Boards” at the Annual Research Session – 2004 of Graduate School of Business Administration, Chukyo University, Nagoya, Japan on 17/11/2004
  • “Adherence to Japanese Corporate Governance Essentials, Performance & Emerging Characteristics” at the Annual National Research Conference of Japan Society for Applied Management (JSAM), Asia University, Tokyo, Japan on 19/09/2004
  • “Corporate Governance and Performance of Japanese Companies” at the Japan Society for Applied Management (JSAM – Chubu Division), Nagoya, Japan on 06/03/2004
  • “How is the Current View of Japanese Corporate Governance?  A Snapshot of the Present Corporate Governance in Japan” at the Annual Research Session – 2003 of Graduate School of Business Administration, Chukyo University, Nagoya, Japan on 25/11/2003
  • “Contemporary Issues in Japanese Corporate Governance” at the Annual National Research Conference of Japan Society for Applied Management (JSAM), Dohto University, Hokkaido, Japan on 19/09/2003
  • “Contemporary Issues in Japanese Financial System” at the annual conference of Japan Society for Applied Management (JSAM – Chubu Division), Nagoya on 19/07/2003

Awards and Honors

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

Courses Taught in the University System

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

Guest Lectures/ Contemporary Discussions

The Prospects for the Sri Lankan Capital Markets and the economy in the aftermath of the Covid 19 Pandemic – iPURSE 2021 Pre- Conference Webinar 3 – YouTube

http://www.kln.ac.lk/?p=12842

Professional Memberships

    • Member of the Chartered Institute for securities & Investments – MCSI, (UK)
    • Member of the Sri Lanka Finance Association – MSLFA
    • Member of the Governance Research Institute of Sri Lanka – MGRIS (SL)
    • Member of Public Finance and Development Accountants – MPFDA
    • Member of the Japanese Graduates’ Alumni Association of Sri Lanka (from 2006)
    • Member of the Sri Lanka Institute of Training and Development (from 2000)