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Performance Management Practices in the Listed Companies in Sri Lanka

Author

Listed:
  • Gamage Dinoka Nimali PERERA

    (University of Sri Jayewardenepura, Sri Lanka)

  • Mada Gamage Geetha THARANGANIE

    (University of Sri Jayewardenepura, Sri Lanka)

  • Udayangani Kumari THALGASPITIYA

    (University of Sri Jayewardenepura, Sri Lanka)

Abstract

In today’s world of business, the role of quality among employees is imperative for companies to survive in the competitive in global market. Hence, performance management practices (PMP) have been indispensable for companies. This study intended to scrutinize whether employee capacity, years of existence and ownership of listed companies relate to PMP in Sri Lanka. The companies that have been listed in the Colombo Stock Exchange were selected as the sample for the study and, with a firm level unit of analysis, a self-administered survey was conducted covering all the companies using the five point Likert scale of 27 statements. 244 questionnaires were distributed among either human resource manager or performance managers or human resource development manager respondents on behalf of the company and 216 returned questionnaires were deemed usable for further analysis amounting to 88% response rate. In a pilot study, it was revealed that the measurement scales met the acceptable standards of validity and reliability analyses. Independent Sample T- test and One-Way ANOVA methods were used to test the objectives of the study. The results of the study concluded that there is no statistical relationship between the employee capacity, years of existence and ownership with PMP of listed companies in Sri Lanka.

Suggested Citation

  • Gamage Dinoka Nimali PERERA & Mada Gamage Geetha THARANGANIE & Udayangani Kumari THALGASPITIYA, 2016. "Performance Management Practices in the Listed Companies in Sri Lanka," Expert Journal of Business and Management, Sprint Investify, vol. 4(2), pages 118-123.
    • Handle: RePEc:exp:bsness:v:4:y:2016:i:2:p:118-123
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    References listed on IDEAS

    as
    1. Frank H.M. Verbeeten, 2008. "Performance management practices in public sector organizations," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 21(3), pages 427-454, March.
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    More about this item

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • M50 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - General

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