Indrani M.W. (Dr.)

PhD (Victoria, Australia), MSc (Sjp, SL), BCom (Ruh, SL)


indrani
Senior Lecturer
Department of Accounting and Finance
Faculty of Management and Finance
University of Ruhuna, Matara
Sri Lanka

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Mobile:
Fixed Phone: +94 41 2236718
Fax: +94 41 2227015


BIOGRAPHY

Dr Indrani is a Senior Lecturer Gr I cum Head of the Department of Accounting and Finance, University of Ruhuna, Sri Lanka. She obtained a B.Com Degree with First Class Honours from the University of Ruhuna, and an MSc (Management) Degree from the University of Sri Jayawardenapura. She won VU International Postgraduate Research Scholarship under which she completed her PhD (Accounting) at Victoria University, Melbourne, Australia. She has served the national and international community through several statutory bodies and other committees in the University system. Her prominent research interests include Efficiency and Accountability in Higher Education; Management Control Systems; Management Accounting practices; and Role of Accounting in Environmental Management; some of which were predominantly qualitative and published in recognized indexed Journals.

JOURNAL PAPERS & BOOK SECTIONS

Book Chapters

Indrani, M. W., Wickremasinghe, G., & Naidoo, M. (2021). Exploring motivation for listed companies and measures taken towards managing environmental collision: Evidence from Sri Lanka. (Chapter 10), in Dhiman Satinder, & Samaratunge Ramanie (Eds.), New Horizons in Management, Leadership and Sustainability: Innovative Case Studies and Solutions for Emerging Economics, Springer Nature, 193 - 218.

Research Publications in Indexed/refereed Journals

Siriyama Kanthi Herath & Indrani M.W. (2007). Budgeting as a Competitive Advantage: Evidence from Sri Lanka. Journal of American Academy of Business, Cambridge, USA, 11(1), 79-91.
Indrani M.W. & Herath S.K. (2009). A Framework for Analyzing the Roles of Management Control Systems in Creating Competitive Advantage. International Journal of Managerial & Financial Accounting, 1 (3), 320-337.
Siriyama Kanthi Herath, Danture Wickramasinghe, & Indrani, M. W. (2010). Improving Efficiency and Accountability: A Case Study on Outsourcing Strategies in Higher Education in Sri Lanka. International Journal of Managerial and Financial Accounting, 2 (3), 275-304.
Siriyama Kanthi Herath, Danture Wickramasinghe, & Indrani, M. W. (2010). A Teaching Case on Implementing an Activity-Based Costing System in a Service Firm: Lakhiru Insurance Company. International Journal of Managerial and Financial Accounting, 2 (2), 177-195.
Indrani, M.W., Herath, S.K. and Gokarn, R. (2010). The Roles of Management Control Systems in Creating Competitive Advantages: A Case Study from Sri Lanka. International Journal of Management and Enterprise Development, 8 (3), 260–277.
Indrani, M.W., & Guneratne, B. Wickremasinghe (2014). The role of the Small Enterprises Development Division of Sri Lanka in enhancing the accounting practices of small businesses: Survey evidence. Academy of Taiwan Business Management Review, 10 (2), 159-168.
Indrani, M.W., Wickremasinghe, G., & Naidoo, M. (2019). Patterns of executing budgeting as a tool of planning and control: with special reference to listed companies in Sri Lanka. International Journal of Accounting and Business Finance, 5 (2), 46-75.
Indrani, M.W., Wickremasinghe, G., & Naidoo, M. (2019). Exploring structures of product costing systems adopted by Sri Lankan listed companies: focusing on traditional vs. activity based costing systems. International Journal of Accounting and Business Finance, 5 (2), 76- 103.
Indrani, M.W., Naidoo, M., & Wickremasinghe, G. (2020). Comparative analysis of pricing decisions made by listed companies representing different industry sectors: evidence from Sri Lanka. International Journal of Accounting and Business Finance, 6 (1), 88-105.
Indrani, M.W., Naidoo, M., & Wickremasinghe, G. (2020).Exploring adoption and implementation of strategic management tools and techniques by listed companies in the Sri Lankan context. International Journal of Accounting and Business Finance, 6 (1), 106-122.
Indrani, M.W., Naidoo, M., & Wickremasinghe, G. (2020).Exploring divisional vs. managerial performance evaluation practices in listed companies: evidence from Sri Lanka. International Journal of Accounting and Business Finance, 6 (2), 115-137.
Indrani, M. W., Naidoo, M., & Wickremasinghe, G. (2020). Competences of management accounting systems in managing environmental costs of listed companies in Sri Lanka. International Journal of Accounting and Business Finance, 6 (2), 138-157.
Sandamini, K. L. A., Jeewanthi, H.A.C., & Indrani, M.W. (2021). Exchange Rate Fluctuation and the Stock Return of Listed Multinational Companies in Sri Lanka. International Journal of Accounting and Business Finance, Special issue, August Volume, 2021).
Jeewanthi, H.A.C., Jeewantha, G.K.C., & Indrani, M.W. (2021).Corporate Social Responsibility and Financial Performance: A Study of Listed Commercial Banks in Sri Lanka. International Journal of Accounting and Business Finance, 7(2), Accepted to be published in December Volume, 2021.

CONFERENCE PROCEEDINGS & PRESENTATIONS

Indrani, M.W., Wickremasinghe, G., & Naidoo, M. (2017). Management accounting practices of listed companies in Sri Lanka. Proceedings of 4th Annual Research Symposium on Social Sciences and Humanities, National Centre for Advanced Studies in Humanities and Social Sciences, Sri Lanka, December 2017, 11-18.
Indrani, M.W., Wickremasinghe, G., & Jayce, M. Naidoo (2019). Exploring Environmental Consideration of Sri Lankan Context, Proceeding of 5th International Conference on Contemporary Management, University of Jaffna, Sri Lanka, 16 - 45.
Indrani, M.W., Wickremasinghe G., & Jayce, M. Naidoo (2019). Exploring Environmental Consideration of Sri Lankan Context. Abstract Proceeding of 5th International Conference on Contemporary Management, University of Jaffna, Sri Lanka.
Indrani, M. W., Wickremasinghe, G., & Jayce, M. Naidoo (2019). Reinforces of management accounting systems in view of environmental management issues of listed companies in Sri Lanka. Proceedings of CMA National Management Accounting Conference - September, 2019.
H.A.C. Jeewanthi and M.W. Indrani, ‘Role of Corporate Environmental Reporting (CER) towards environmental sustainability’, Proceedings of CMA National Management Accounting Conference, Sri Lanka, 2019.
Withanawasam, I. M., Wickremasinghe, G., & Jayce, M. Naidoo (2019). Initiatives and motivation for industry sectors to mitigate environmental impacts: Evidence from listed companies in Sri Lanka. Proceedings of 16th International Conference on Business Management (ICBM), Monash University, Australia.
Withanawasam, I. M., Wickremasinghe, G., & Jayce, M. Naidoo (2019). Factors affecting pricing decisions of listed companies: Evidence from Sri Lanka. Proceedings of 16th International Conference on Business Management (ICBM), Monash University, Australia.
Chirath Jeewantha, G. K., Jeewanthi, H. A. C., and Indrani M. W. (2019). Corporate Social Responsibility and Firm Value in Sri Lanka: Disclosures in action. Proceedings of 16th International Conference on Business Management (ICBM) held on 12-14th December, 2019 at Monash University in Melbourne, Australia.
Sandamini, K. L. A., Jeewanthi, H. A. C. & Indrani, M.W. (2021). Exchange Rate Fluctuation and the Stock Return of Listed Multinational Companies in Sri Lanka. Proceeding of 6th International Conference on Contemporary Management, University of Jaffna, Sri Lanka, 29-30 April 2021.
H.A.C. Jeewanthi &, Indrani M.W. (2009). The Role of Budgeting Process in Achieving Organizational Goals as a Strategic Planning Tool: Evidence from a Case Study. Proceedings of the 6th Academic Sessions, University of Ruhuna, 335 - 340.
Herath, S. K. & Indrani, M.W. (2007). A Framework for Analyzing the Roles of Management Control Systems in Creating Competitive Advantage, presented by Herath S.K in American Accounting Association 2007 Southeast Regional Meeting, May 3-5, 2007 Atlanta, USA.
Indrani, M.W. (2004).The Role of Budgetary Control Systems in Creating Competitive Advantage: Evidence from a Case study. The Abstract Volume of the Leonard Woolf Memorial International Conference – December, 2004, held at the University of Ruhuna, Sri Lanka.

ACADEMIC SOCIETY MEMBERSHIPS/INVOLVEMENTS

Associate Editor of the Journal of Emerging Financial Markets and Policy (JEFMP) from 2021. Session Chair of the Technical Session: Accounting and Finance of the 6th International Conference on Contemporary Management, Faculty of Management Studies and Commerce, University of Jaffna, April 2021.  
 Member of Sri Lanka Finance Association (SLFA) from 2019.
Reviewer and Session Chair of 6th, 7th and 8th International Conferences on Management and Economics (ICME) – 2017, 2018 and 2019 at the University of Ruhuna, Sri Lanka. 
 Reviewer of Ruhuna Journal of Management and Finance, ISSN 2235-9222 – 2017 Faculty of Management and Finance, University of Ruhuna, Sri Lanka.
Faculty Coordinator, reviewer and organizing Committee member for 15th Academic Sessions and 14th Vice Chancellor Awards Ceremony, University of Ruhuna, 2017. 
 Reviewer of 3rd and 5th ICMEs – 2014, 2016, University of Ruhuna, Sri Lanka.
Reviewer of Journal of Accounting and Finance, ISSN 2386-1444, Volume: 01 Issue: 01 -2014, Department of Accountancy, Wayamba University of Sri Lanka. 
 Editorial Board member of the 3rd Academic Sessions and 2nd Vice- Chancellor’s Awards Ceremony at the University of Ruhuna, 2005.
Faculty Coordinator and Organizing Committee member of the 3rd and 4th Academic Sessions and 2nd and 3rd Vice Chancellor’s Awards Ceremonies at the University of Ruhuna, in 2005 and 2006. 

CAREER PATH

 Head - Department of Accounting & Finance, Faculty of Management & Finance, University of Ruhuna from May 2019 to date.
Dean - Faculty of Management & Finance, University of Ruhuna, 2008- 2011. 
Head - Department of Accounting & Finance, Faculty of Management & Finance, University of Ruhuna, 2005-2008. 
Senior Lecturer Gr I - Department of Accounting & Finance, Faculty of Management and Finance, University of Ruhuna from December 2004 to date. 
Senior Lecturer Gr II - Faculty of Management and Finance, University of Ruhuna from June 1998 to December 2004. 
 Lecturer – Dept. of Business Administration, University of Ruhuna from January 1992 to May 1998.
Temporary Assistant Lecturer, University of Ruhuna from November 1990 to January 1992.  

AWARDS AND SCHOLARSHIPS

VU Postgraduate Research Scholarship for PhD studies from Victoria University Business School, Victoria University in Melbourne, Australia, 2011.
Scholarship for PhD studies under the Higher Education for the Twenty First Century (HETC) Project of Ministry of Higher Education in 2011.
Best Presenter Award for the ‘Industry Innovation and Infrastructure Session’ of Certified Management Accountants (CMA) National Management Accounting Conference, 2019.
Harischandra Gold Medal awarded for the Most Outstanding Commerce Graduand of the year 1990 at the University of Ruhuna, Sri Lanka.

Teaching involvements 

Accounting for Managerial Decisions
Research Methodology
Accounting
Strategic Management Accounting
Cost and Management Accounting
Computer Applications in Accounting
Project Management

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