Guneratne B Wickremasinghe
Ph.D., Senior Lecturer, School of Accounting & Finance, Faculty of Business and Law, Victoria University, Melbourne, Victoria, Australia
EDUCATION
• Ph.D. (Finance and Econometrics), 2004, Monash University, Australia
• M. Com. (Accounting and Taxation), 1993, Calicut University, India
• B. Com.(Honours), 1986, University of Sri Jayewardenepura, Sri Lanka
PROFESSIONAL ASSOCIATION MEMBERSHIPS
Associate member, Institute of Public Finance and Development Accountancy of Sri Lanka
RESEARCH INTERESTS
Corporate Finance, International Finance, Financial and Management Accountancy, Applied Econometrics, Corporate Governance
WORK HISTORY
• Senior Lecturer in Accounting and Finance, Ongoing- Full-Time, School of Accounting, Victoria University, July 2007 to date
• Lecturer in Accounting and Finance, Ongoing - Full-Time, School of Accounting and Finance, Victoria University, July 2005 to June 2007
• Sessional Lecturer, School of Accounting and Finance, University of Tasmania, April 2005 - May 2005
• Tutor, Monash College, January to April 2005
• Research Fellow, Department of Econometrics and Business Statistics, Monash University,
• November to December 2004
• Research Assistant/ Tutor, Department of Econometrics and Business Statistics, Monash
• University, January to November, 2004
• Assistant Lecturer, Fractional, Department of Econometrics and Business Statistics, Monash
• University, June 2000 to December 2003.
• Lecturer, Ongoing- Full-Time, Department of Commerce, University of Sri Jayewardenepura, March 1989 to February 1994
• Audit Examiner, Auditor General's Department of Sri Lanka, December 1986 to February 1989
OTHER APPOINTMENTS
Seventeen appointments - as visiting lecturer at other departments within the University of Sri Jayewardenepura and at four other local universities, at a foreign university based in Sri Lanka, at the Institute of Bankers of Sri Lanka and as Chief Examiner in Accounting (GCE (Advanced Level)) of the Department of Examinations of Sri Lanka.
CURRENT RESEARCH PROGRAMME
• Calendar Effects of Emerging Stock Markets
• Time-varying betas of emerging stock markets
• Relationship between exchange rate volatility and trade flows
• Portfolio diversification in emerging stock markets
• Nonlinear relationships between stock market prices and macroeconomic variables
• Financial literacy among migrants
AWARDS and SCHOLARSHIPS
2008
Outstanding reviewer award- Contemporary Management Research
2007
Best paper award for the paper entitled "Long-Run Purchasing Power Parity with Asymmetric Adjustment, International Conference on Business and Information, Tokyo, Japan
2000 - 2004
SUREC grant for postgraduate studies abroad, University of Sri Jayewardenepura, Sri Lanka - granted to read for PhD degree at Monash University, Australia
2001 - 2003
Monash Graduate Scholarship (living expenses), Monash University, Australia - granted to read for PhD degree.
2001 - 2003
Monash Business and Economics International Postgraduate Scholarship (course fees and cost of health insurance), Monash University - granted to read for PhD degree.
1991 - 1993
Special Scholarship for Sri Lankan Nationals for postgraduate studies (course fees, living expenses and air fare), Government of India - granted to pursue studies leading to the award of M.Com (Accounting and Taxation) degree at Calicut University, India
1992
Proficiency prize for obtaining the highest average mark for M.Com (Accounting and Taxation) first year examination, PSMO College (affiliated to University of Calicut) awarded by the Government Collector, Malappuram District, Kerala State, India
RESEARCH GRANTS
2008
Victoria University Researcher Development Grant Scheme, $29,804
REFEREED PUBLICATIONS
1. Wickremasinghe, G. B. (2009), "Are real exchange rates of Papua New Guinea Mean-Reverting? Evidence from Panel Unit Root Tests" Applied Economics Letters (forthcoming)
2. Wickremasinghe, G. B. (2008), "Weak-Form Efficiency of Foreign Exchange Markets of Developing Economies", Journal of Emerging Market Finance, 7, 169-196.
3. Wickremasinghe, G. B. (2008), "Predictability of Exchange Rates in Sri Lanka: A Test of the Efficient Market Hypothesis", Asian Academy of Management Journal of Accounting and Finance, 3, 43-60.
4. Cooray, A. and Wickremasinghe, G. B. (2007), "Efficiency of Emerging Stock Markets: Some Empirical Evidence from the South Asian Region", Journal of Developing Areas, 41, 171-184.
5. Wickremasinghe, G. B. (2007), "Purchasing Power Parity of Papua New Guinea: A Cointegration Analysis", ICFAI Journal of Applied Economics, 6, 7-21.
6. Wickremasinghe, G. B. (2007), "Seasonality of Emerging Stock Markets: A Study Using Data from the Colombo Stock Exchange" ICFAI Journal of Applied Finance, 13, 43-65.
7. Wickremasinghe, G. B. (2005), "Purchasing power parity of Papua New Guinea: evidence from the floating exchange rate regime" Applied Financial Economics Letters, 1, 335-338.
8. Wickremasinghe, G. B. (2005), "Efficiency of Foreign Exchange Markets: A Developing Country Perspective", Asian Academy of Management Journal Vol.10, No.1, 1-17.
9. Wickremasinghe, G. B. (2005), "Is the PNG Foreign Exchange Market Efficient?", Pacific Economic Bulletin, Vol. 20, No. 1, 58-69.
10. Wickremasinghe, G. B. (2005), "The Sri Lankan Rupee and Purchasing Power Parity During the Current Floating Period", ICFAI Journal of Applied Finance, Vol.11, No. 1, 74-88.
11. Wickremasinghe, G. B. (2005) "Purchasing Power Parity Hypothesis: Some Empirical Evidence from Sri Lanka" South Asian Journal of Management, Vol. 12, No. 1, 23-36.
12. Wickremasinghe, G. B. (2001), "January Effect and Monthly Seasonality of Emerging Stock Markets: Some Empirical Evidence from Sri Lanka", Sri Lankan Journal of Management, Vol. 6, Nos. 3&4, 186-197.
13. Wickremasinghe, G. B. (1999), "Thin Traded Capital Markets: An Empirical investigation into Shares Traded on the Colombo Stock Exchange", Sabaragamuwa University Journal, Vol. 2, No.1, 3-16.
14. Wickremasinghe, G. B. (1999), "Behaviour of Share Index Returns of the Colombo Stock Exchange: An Empirical Study", Proceedings of the Second Annual Research Sessions, Faculty of Graduate Studies, University of Sri Jayewardenepura, Sri Lanka, 183-186.
15. Wickremasinghe, G. B. (1999), "Lead-Lag Relationships in Stock Market Returns: A Test of Market Efficiency in Sri Lanka", (with G. Abeyrathna and S.R.N. Colombage), Sri Lankan Journal of Management, Vol. 4, Nos. 1 & 2, 31-46.
16. Wickremasinghe, G. B. (1998), "Causal Nexus between Stock Market Indices and Macro-Economic Variables", (with G. Abeyrathana), Proceedings of the First Annual Research Sessions, Faculty of Graduate Studies, University of Sri Jayewardenepura, Sri Lanka, 283-299.
17. Wickremasinghe, G. B. (1997), "Corporate Financial Reporting Practices of Listed Companies of Sri Lanka: An Investigation", Vidyodaya Journal of Social Science, Vol. 8 Nos. 1 and 2, 1-46.
18. Wickremasinghe, G. B. (1997), "Price Reaction to Rights Issue Announcements of Emerging Stock Markets: A Study Using Data from the Colombo Stock Exchange", Sri Lankan Journal of Management, Vol. 2, No. 4, 325-346.
CONFERENCE PRESENTATIONS
1. Wickremasinghe, G. B. (2007), Long-Run Purchasing Power Parity with Asymmetric Adjustment: Some Empirical Evidence from Sri Lanka, International Conference on Business and Information, Tokyo, Japan (July)
2. Wickremasinghe, G. B. and Ihalanayake, R. (2007), Causal Relationship Between Tourism And Economic Growth In Sri Lanka: Some Empirical Evidence, Sydney, Australia (February).
3. Wickremasinghe, G. B. (2006), Dynamic Relations between Stock Prices and Exchange Rates in Sri Lanka: Some Empirical Evidence, RMIT University, Melbourne, Australia (September).
4. Wickremasinghe, G. B. (2006), Macroeconomic Forces and Stock Prices: Some Empirical Evidence from an Emerging Market, Third International Business Research Conference, Monash University, Australia, November.
5. Wickremasinghe, G. B. (2006), Mean-Reversion of Real Exchange Rates of Sri Lanka, Evidence from the Floating Exchange Rate Regime, The Third International Conference on Contemporary Business, Pepper's Fairmont Resort, NSW, Australia (September, 2006)
6. Wickremasinghe, G. B. (2006), Purchasing Power Parity of Papua New Guinea: A Cointegration Analysis, Asian Finance Conference, Auckland, New Zealand (July, 2006)
7. Wickremasinghe, G. B. (2005), Weak-Form Efficiency of Foreign Exchange Markets: Some Empirical Evidence from Sri Lanka, 18th Australasian Banking and Finance Conference, Sydney, Australia
8. Wickremasinghe, G. B. (2005), Purchasing Power Parity in Sri Lanka during the Recent Float: Some Empirical Evidence Using Recent Econometric Techniques, 10th AIBF Banking and Finance Conference, Melbourne, Australia
9. Wickremasinghe, G. B. (2004) "Purchasing Power Parity Hypothesis in Developing Economies: Some Empirical Evidence from Sri Lanka" Joint Economics/Econometrics Seminar, Monash University, Australia
10. Wickremasinghe, G. B. and Silvapulle, P (2003) "Role of exchange rate volatility in exchange rate pass-through to manufactured import prices: Some evidence from Japan", Econometric Society Australasian Meeting, University of New South Wales, Sydney, Australia
11. Wickremasinghe, G. B. and Silvapulle, P (2003) "Role of exchange rate volatility in exchange rate pass-through to manufactured import prices: Some evidence from Japan", Seminar Series, Department of Econometrics and Business Statistics, Monash University, (Caulfield), Australia
12. Wickremasinghe, G. B. and Silvapulle, P (2002) "Exchange rate pass-through to manufactured import prices: The case of Japan", Econometric Society Australasian Meeting, Queensland
13. Wickremasinghe, G. B. and Silvapulle, P (2002) "Exchange rate pass-through to manufactured import prices: The case of Japan", Australia, Seminar Series, Department of Econometrics and Business Statistics, Monash University, (Caulfield), Australia
14. Wickremasinghe, G. B. and Abeyrathana, G. (1998), "Causal Nexus between Stock Market Indices and Macro-Economic Variables", First Annual Research Sessions, Faculty of Graduate Studies, University of Sri Jayewardenepura, Sri Lanka
