An analysis of the computer disaster patterns and its impact on the information management systems of businesses in Sri Lanka

With the popularization of the internet, cyber criminals use a wide range of computer disasters to attack businesses for various reasons such as financial gains, competitive gains, business disruption or political agendas. Cyber criminals often target the computer-based information management systems of businesses in order to achieve their unethical purposes, because it is the easiest and the most effective way to disrupt the overall business process of a particular organization. Furthermore, “Computer disasters” does not only cover the disasters which occur through the internet. There is a component of disasters which occurs without having any intervention of internet, including hardware faults, human negligence and natural disasters. Such kind of computer disasters is also capable in affecting the information management systems. After considering above facts, we can conclude that the computer-based information management systems are always in a risky position. Therefore the main objectives of this research are to identify the major types of computer disasters which can affect businesses, their adverse impacts on the information management practices of a business and their adverse impact on the overall capability of such information system to facilitate the entire business process.

In order to gain a sufficient understanding in this field, firstly, most common variables have been identified through analyzing the past literature stated by various researches. That foundation supported to develop an effective conceptual framework for this study. Thus, suitable hypothesis were developed in order to check whether there are relationships between the independent variables and the dependent variable. A sample was used to carry out the investigation in Sri Lankan context. The study was limited to small scale because of the limited time period and the assignment restricted objectives. The convenience sampling method has been used to generate the sample which consisted of 60 officers who were bearing a management position in their respective organizations. The study was executed by a survey carried out through a questionnaire. A wide range of significant findings could be obtained at the end of the analyzing process of primary data. Finally, better conclusions have been made based on those findings. 

An impact of internet-related communications on employee’s good practices in corporate sector

The prime target of this research article is to investigate the impact of internet-related communications on employee’s good practices in the corporate sector in Sri Lankan context. With the rise of the internet-related communication system, electronic mailing method was widely spread among corporate entities. While email has been seen as a method for expanding authoritative coordination and responsiveness, the utilization of electronic correspondence has a dim side to it.

This survey examined cyber incivility in the workstation of Sri Lanka and also examined its impact on employee job satisfaction, organizational commitment, quit intention. Data were collected from 65 employees. Results of the study displayed that male boss/supervisors engaged in active forms of cyber-incivility while female boss/supervisors engaged in passive cyber incivility. Regression analyses also displayed that cyber-incivility was negatively related to organizational commitment and employees’ job satisfaction. Employees who suffered cyber incivility were also more likely to quit their jobs. Thus, cyber incivility has negative consequences on both organizations and individuals.

AN ANALYSIS OF CHALLENGES AND BARRIERS IN IMPLEMENTING BASEL III IN THE LICENSED COMMERCIAL BANKS OF SRI LANKA

Since the early days of banking, it was identified that a uniform regulatory framework needs to be introduced to safeguard the global financial sector. With the exponential increase of international trade during the 2^nd half of the 20^th century, the need for international regulations for banking was more evident.

The Basel Accord has its origins in the financial turmoil of 1973. After the collapse of Bretton Woods’s system of managed exchange rates, banks worldwide faced considerable foreign exchange losses which led to banking supervisors globally to formulate a regulatory framework for the banking sector.

As a result the Basel Committee of Banking Supervision formulated a minimum set of requirements for the operation of banks in 1988 and the G10 countries adopted this framework in 1992. This accord was heavily criticized in subsequent years for measuring risk only in terms of credit. This resulted in the introduction of Basel II which had a more wide angled approach to risks faced by the banking sector. However with the financial crisis that occurred in Western Countries in 2007; the need of putting forward a new accord to replace Basel II was identified. The Basel III was first introduced in 2010/11 and was modified in 2013. This accord gives emphasis to areas like Capital Adequacy, Stress Testing and Liquidity Coverage.

As the March 2019 deadline for Basel III compliance looms ever closer, banks across the globe including Sri Lanka race against the clock to meet the requirements outlined by Basel III. In this research the main barriers and challenges faced by Licensed Commercial Banks in Sri Lanka and their relationship for the successful implementation of Basel III will be identified. Further methods to overcome these barriers and challenges will be briefly discussed.

Primary and Secondary data was collected and analyzed using statistical and other methods to prove/disapprove the objectives of the research. SPSS software was used for the statistical analysis of data. The outcome of the data was used to test the 6 Hypotheses developed in Chapter 3 of this research and the steps that can be taken to overcome these were briefly identified.