Abeyratna Gunasekarage

Abey joined the Department in January 2009. Prior to this he has worked at the University of Canterbury and the University of Waikato in New Zealand. Abey received his BSc Honours from the University of Sri Jayewardenepura, Sri Lanka and MAcc & PhD from the University of Dundee, UK.

Abey is an associate member of the Institute of Chartered Accountants of Sri Lanka. His research work has appeared in a number of international journals such as the British Accounting Review, Accounting and Finance, Emerging Markets Review and Asia Pacific Financial Markets.

Recent Publications:

Abeyratna Gunasekarage, David Power and Ting Ting Zhou, (2008), "The Long Term Inflation Hedging Effectiveness of Real Estate and Financial Assets: A New Zealand Investigation", Studies in Economics and Finance, forthcoming.

Abeyratna Gunasekarage and Debra Reed, (2008), "The Market Reaction to the Appointment of Outside Directors: An Analysis of the Interaction between the Agency Problem and the Affiliation of Directors" International Journal of Managerial Finance, forthcoming.

Anirut Pisedtasalasai and Abeyratna Gunasekarage, (2008), "Causal and Dynamic Relationships among Stock Returns, Return Volatility and Trading Volume: Evidence from Emerging markets in South-East Asia" Asia Pacific Financial Markets forthcoming.

Krishna Reddy, Stewart Locke, Frank Scrimgeour and Abeyratna Gunasekarage, (2008), "Corporate Governance Practices of Small Listed Companies and Their Financial Performance: An Empirical Study in New Zealand", International Journal of Business, Governance and Ethics, Vol. 4, No. 1, pp. 51-78.

Abeyratna Gunasekarage and Hung Wan Kot., (2007) "Return-based Investment Strategies in the New Zealand Stock Market: Momentum Wins" Pacific Accounting Review, Vol. 19, pp. 108-124.

Abeyratna Gunasekarage, Kurt Hess, and Amity (Jie) Hu., (2007), "The Influence of the Degree of State Ownership and the Ownership Concentration on the Performance of Listed Chinese Companies", Research in International Business and Finance, Vol. 21, pp. 379-395.

Abeyratna Gunasekarage and David Power, (2006), "Anomalous Evidence in Dividend Announcement Effect", Managerial Finance, Vol. 32, No. 3, pp. 209-226.

Abeyratna Gunasekarage and David Power, (2005), "Stock Market Overreaction: Some Evidence from the Colombo Stock Exchange", Journal of Emerging Markets, Vol. 10, No. 1, pp. 5-17..

Daniel Chai and Abeyratna Gunasekarage, (2005), "Share Returns after Large One-day price Drops", INFINZ Journal, Vol. 2, pp. 18-23.

Abeyratna Gunasekarage, (2005), "Selling Winner Shares and Buying Loser Shares - A Profitable Contrarian Investment Strategy for Sri Lankan Investors", Sri Lanka Journal of Management, Vol. 10, pp. 77-92.

Abeyratna Gunasekarage, Anirut Pisdtasalasai and David Power, (2004), "Macro-economic Influence on the Stock Market: Evidence from an Emerging Market in South Asia", Journal of Emerging Market Finance, Vol. 3, No. 3, pp. 285-304.

Abeyratna Gunasekarage and Michael Wilkinson, (2002), "CEO Compensation and Firm Performance: A New Zealand Investigation", International Journal of Business Studies, Vol. 10, No. 2, pp. 45-60.

Abeyratna Gunasekarage and David Power, (2002), "The Post-Announcement Performance of Dividend-Changing Companies: The Dividend-Signalling Hypothesis Revisited", Accounting and Finance, Vol. 42, No. 2, pp. 131-151.

Abeyratna Gunasekarage and Sisira R.N. Colombage, (2002) "The Behaviour of Share Prices in Emerging Markets: Evidence from the Colombo Stock Exchange" Vidyodaya Journal of Management Science, Vol.1, No 1&2, pp.94-116.

Abeyratna Gunasekarage and David Power, (2001), "The Profitability of Moving Average Trading Rules in South Asian Stock Markets", Emerging Markets Review, Vol. 2, No. 1, pp. 17-33.

Karen Chan and Abeyratna Gunasekarage, (2001), "Motivations behind the Corporate Use of Derivatives in an Imputation Taxation System", International Quarterly Journal of Finance, Vol. 1, No. 1, pp. 119-134.

Gunerathne Wickramasinghe and Abeyratna Gunasekarage, (1999), "Thin Traded Capital Markets: An Empirical Investigation into Shares Traded in the Colombo Stock Exchange", Sabaragamuwa University Journal, Vol. 2, no. 1, pp, 3-16.

Abeyratna Gunasekarage, Gunerathne Wickramasinghe and Sisira Colombage, (1999), "Lead-lag Relationships in Stock Market Returns: A Test of Market Efficiency in Sri Lanka", Sri Lanka Journal of Management, Vol. 4, No. 1&2, pp. 31-46.

Abeyratna Gunasekarage, Alasdair Lonie, David Power and Donald Sinclair, (1996), "The Stock Market Reaction to Dividend Announcements: A UK Study of Complex Market Signals", Journal of Economic Studies, Vol. 23, No. 1, pp. 32-52.

Abeyratna Gunasekarage, Alasdair Lonie, David Power, and Donald Sinclair, (1996), "Interdependencies among the Dividend, Investment and New Financing Decisions of UK Firms", Accounting Forum, Vol. 20, No. 1, pp. 37-61.

Alasdair Lonie, Abeyratna Gunasekarage, David Power and Donald Sinclair, (1996), "The Influence of Company Financial Performance on the Interpretation of Dividend and Earnings Signals: A Study of Accounting- and Market-Based Data", British Accounting Review, Vol. 28, pp. 229-247.

Abeyratna Gunasekarage and David Power, (1995), "A Test of the Weak-Form of the Efficient Market Hypothesis: Evidence Using Daily Data from the Colombo Stock Exchange", Sri Lanka Journal of Social Sciences, Vol. 18, No. 1& 2, pp. 41-53.