Cash FlowRisk
Management Practices on Sustainable Financial Performance in Sri Lanka.
Manjula BandaraWickramasinghe.
University of Bolton, UK.
Prof. Kennedy Gunawardane.
University of Sri Jayewardenepura,Sri
Lanka.
Abstract:
Recent year’s global economic crisis
have urged the businesses all over the world to committed cash flow risk management
practices and sharing information with environment, social and economic actives
transparency for stockholders. This research aims to explore the impact of risk
management practises and how they have applied toaccomplish sustainable
financial performance in Sri Lanka and offer guidance to all the businesses as
to how they can mitigate the risk faced by them.The research has expanded to
extensive coverage of business sectors by 65 listed companies and secondary
data were obtained from the annual reports publication in CSE. The statistical
analysis of the multiple regression technique performed to calculate the
results using e view-9 software. Risk management practices in operating cash
flow have negative correlation between sustainable financial performances. The
study was revealed that investment cash flow risk management practices have no
correlation between sustainable financial performances. This will give detailed
idea of cash flow risk management practises involvements and the importance to
the listed companies in Sri Lanka.
Keywords: Risk management
practices, operating, financial, investment, shareholder’s equity, cash flow, sustainable
financial performance.
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