Dr Ranadeva Jayasekera
Associate Professor in Finance
01 896 3756
Ranadeva holds a PhD in Finance from the University of Cambridge. He received his initial education in Sri Lanka with a bachelor's degree with a first class in mathematics and physics from the University of Colombo. He also holds an MBA from the same University, where he graduated with honours and was awarded the Ceylon Chemical Industries Gold Medal Award for Strategic Management & Business Policy.
Ranadeva’s research spans across a few areas of interrelated branches in accounting and finance such as market efficiency, failure prediction, signalling effect of IPO’s, Real Options analysis, and the governance and reporting issues of the NGO sector.
He moved to the industry by joining IBM, working in the marketing field and later shifted to the finance field by joining a venture capital firm, Capital Suisse Asia. He then accepted an offer by Ernst & Young, and was employed as an assistant manager and was overlooking the management consultancy division of the firm in Sri Lanka. He is an associate member of Chartered Management Accountants (ACMA) UK.
After gaining more than 2 years’ experience at Ernst & Young he worked for Practical Action (A UK based international not for profit organization) as the senior financial consultant for the South Asian region. He joined the quantitative finance team of Deloitte in London at a senior capacity in 2007 and has been involved in the Valuation, structuring and modelling of complex financial instruments of major investment banks. Ranadeva commenced his academic career at the University of Southampton (UK) as a lecturer in Accounting and Finance and then moved to Cranfield University as a Senior lecturer in Finance before taking up the post of an Associate Professor in accounting and finance at the Trinity college of Dublin (University of Dublin) in November 2015.
Surveys of Chief Financial Officers show that financial flexibility is the dominant consideration when firms choose their corporate capital structures (see Graham and Harvey, 2001; Brounen et al., 2005; Bancel and Mittoo, 2004). Recent theoretical work has also demonstrated that financial flexibility is valuable, where financial flexibility is defined as the ability of a firm to access and restructure its financing at low cost (see Gamba and Triantis, 2008). But, there is yet no accepted empirical measure in the literature to directly quantify the value of financial flexibility, because the value of financial flexibility is not observable.
- Real Options Applications
- Corporate failure prediction
- Market efficiency
- Behavioural finance applications
- Corporate governance and performance measurement in the non government sector
1. Analysing Corporate Insolvency in the Gulf Cooperation Council Using Logistic Regression and Multidimensional Scaling
Khoja, L., Chipulu, M., & Jayasekera, R. (2016). Analysing corporate insolvency in the gulf cooperation council using logistic regression and multidimensional scaling. Review of Quantitative Finance and Accounting, 46(3), 483-518. doi:10.1007/s11156-014-0476-y
2. Empirical Evidence from European Banks
Choudhry, T., & Jayasekera, R. (2014). Market efficiency during the global financial crisis: Empirical evidence from European banks. Journal of International Money and Finance, 49(PB), 299-318. doi:10.1016/j.jimonfin.2014.03.008
3. Returns and Volatility Spillover in the European Banking Industry during Global Financial Crisis: Flight to Perceived Quality or Contagion?
Choudhry, T., & Jayasekera, R. (2014). Returns and volatility spillover in the European banking industry during global financial crisis: Flight to perceived quality or contagion? International Review of Financial Analysis, 36(C), 36-45. doi:10.1016/j.irfa.2014.05.003
1. Effectiveness of Viral Marketing via Social Networking Sites
Effectiveness of viral marketing via social networking sites in, editor(s)Papadopoulou, P., Kanellis, P. and Martakos, D. , Social Computing Theory And Practice: Interdisciplinary Approaches, 2011, ppdoi:10.4018/978-1-61692-904-6 , [Papadopoulos, T. and Jayasekera, R. ]
- BU3520 Management Accounting for Business Decisions
- BU7113 Management Accounting
- BU7313 Financial Modelling and Scenario Analysis