Systematic Risk Management and Profitability: A Case Study of Selected Financial Institutions in Sri Lanka

α
Dr. Puwanenthiren Pratheepkanth
Dr. Puwanenthiren Pratheepkanth
σ
Dr. Nimalathasan
Dr. Nimalathasan
Ѡ
Pratheepkanth
Pratheepkanth
α University of Jaffna

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Systematic Risk Management and Profitability: A Case Study of Selected Financial Institutions in Sri Lanka

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Abstract

The main objective of the study is to identify the impact of Systematic risk management on Profitability, during 2007 to 2011 (05 years). In the present study, Systematic Risk Management [i.e., Degree of Financial leverage (DFL) and Degree of Operating leverage (DOL) as independent variable and Profitability (i.e., Net Profit, Return on Capital Employed (ROCE) and Return on Equity (ROE)] as the dependent variable are considered. In order to select the sample, convenience sampling techniques method is used. The study suitably used both secondary data. Operational hypotheses are formulated, results revealed that systematic risk management has a positive association(r= 0.755, p

References

6 Cites in Article
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  2. W Sharpe (1964). Capital asset prices: A theory of market equilibrium under conditions of risk.
  3. W Henry (2007). Embedding risk management: structures and approaches.
  4. Lawrence (1992). The Insurance and Risk Management Industries: New Players in the Delivery of Energy-Efficient Products and Services.
  5. Majluf (1984). Perspectives on Strategic Risk Management.
  6. W Kim (1982). Corporate Risk Management as a Lever for Shareholder Value Creation.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Dr. Puwanenthiren Pratheepkanth. 1970. \u201cSystematic Risk Management and Profitability: A Case Study of Selected Financial Institutions in Sri Lanka\u201d. Global Journal of Management and Business Research - A: Administration & Management GJMBR-A Volume 12 (GJMBR Volume 12 Issue A17): .

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GJMBR Volume 12 Issue A17
Pg. 41- 43
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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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The main objective of the study is to identify the impact of Systematic risk management on Profitability, during 2007 to 2011 (05 years). In the present study, Systematic Risk Management [i.e., Degree of Financial leverage (DFL) and Degree of Operating leverage (DOL) as independent variable and Profitability (i.e., Net Profit, Return on Capital Employed (ROCE) and Return on Equity (ROE)] as the dependent variable are considered. In order to select the sample, convenience sampling techniques method is used. The study suitably used both secondary data. Operational hypotheses are formulated, results revealed that systematic risk management has a positive association(r= 0.755, p

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Systematic Risk Management and Profitability: A Case Study of Selected Financial Institutions in Sri Lanka

Dr. Nimalathasan
Dr. Nimalathasan
B
B
Pratheepkanth
Pratheepkanth
P
P

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