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Associate Professor I M Premachandra

018 PremaAssociate Professor
BSc (Kel'ya) MSc (C'bo) MEng DSc (Tokyo)

Tel 64 3 479 8146
Office CO 3.48
Email i.premachandra@otago.ac.nz

Associate Professor I.M. Premachandra joined the University of Otago as a Lecturer in 1991. Prior to this he served as a visiting Associate Professor at the University of New Hampshire, Whittermore School of Business and Economics (1989-1990), and as a Lecturer at the University of Kelaniya, and University of Sri Jayawardenapura, Sri Lanka (1975-1988).

Recent achievements include the Best Paper award at the IAENG International conference in Hong Kong, June 2009, for his paper ‘Transient and Asymptotic Analysis of Synchronisation Processes in Assembly-like Queues’, being an invited member of the conference committee and a guest editor of the special issue of the IMECS (International multi-conference of Engineers and Computer Scientists), Hong Kong, 2007-2014, Associate Editor of Sri Lankan Journal of Applied Statistics (since 2012), member of the editorial board (since 2012) of Theoretical Economic Letters, and the best teacher award in module 2 of the 2008 University of Otago MBA programme.  He also served as the Head of the Department of Finance and Quantitative Analysis from 2006 to 2009.

Teaching

  • Convenor FINQ102 Business Mathematics
  • Convenor FINC406 Advanced Empirical Finance

Research interests

  • Empirical finance and Financial Modelling
  • Performance evaluation using DEA (Data Envelopment Analysis) and its applications in Finance
  • Applied Probability theory
  • Simulation
  • Application of operations research techniques in Finance

Curriculum vitae

Download CV (PDF 181 k)

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Publications

Tulloch, D. J., Diaz-Rainey, I., & Premachandra, I. M. (2017). The impact of liberalization and environmental policy on the financial returns of European energy utilities. Energy Journal, 38(2), 77-106. doi: 10.5547/01956574.38.2

Premachandra, I. M., Zhu, J., Watson, J., & Galagedera, D. U. A. (2016). Mutual fund industry performance: A network data envelopment analysis approach. In J. Zhu (Ed.), Data envelope analysis: A handbook of empirical studies and applications. (pp. 165-228). New York: Springer. doi: 10.1007/978-1-4899-7684-0_7

Kuruppuarachchi, D., & Premachandra, I. M. (2016). Information spillover dynamics of the energy futures market sector: A novel common factor approach. Energy Economics, 57, 277-294. doi: 10.1016/j.eneco.2016.05.015

Galagedera, D. U. A., Watson, J., Premachandra, I. M., & Chen, Y. (2016). Modeling leakage in two-stage DEA models: An application to US mutual fund families. Omega, 61, 62-77. doi: 10.1016/j.omega.2015.07.007

Srivastava, S., Lin, H., Premachandra, I. M., & Roberts, H. (2015). Global risk spillover and the predictability of sovereign CDS spread: International evidence. International Review of Economics & Finance, 41, 371-390. doi: 10.1016/j.iref.2015.10.047

Authored Book - Research

Dias, G., Premachandra, I. M., & Kieser, J. A. (1998). Neural network model for increasing the accuracy of temporomandibular joint radiographic measurements. Dunedin: Dept. of Finance and Quantitative Analysis, University of Otago, 24p.

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Authored Book - Other

Premachandra, I. M. (1999). A Simplified Guide to Excel. Sri Lanka: Postgraduate Institute of Management, 184p.

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Chapter in Book - Other

Premachandra, I. M., Zhu, J., Watson, J., & Galagedera, D. U. A. (2016). Mutual fund industry performance: A network data envelopment analysis approach. In J. Zhu (Ed.), Data envelope analysis: A handbook of empirical studies and applications. (pp. 165-228). New York: Springer. doi: 10.1007/978-1-4899-7684-0_7

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Journal - Research Article

Tulloch, D. J., Diaz-Rainey, I., & Premachandra, I. M. (2017). The impact of liberalization and environmental policy on the financial returns of European energy utilities. Energy Journal, 38(2), 77-106. doi: 10.5547/01956574.38.2

Kuruppuarachchi, D., & Premachandra, I. M. (2016). Information spillover dynamics of the energy futures market sector: A novel common factor approach. Energy Economics, 57, 277-294. doi: 10.1016/j.eneco.2016.05.015

Galagedera, D. U. A., Watson, J., Premachandra, I. M., & Chen, Y. (2016). Modeling leakage in two-stage DEA models: An application to US mutual fund families. Omega, 61, 62-77. doi: 10.1016/j.omega.2015.07.007

Srivastava, S., Lin, H., Premachandra, I. M., & Roberts, H. (2015). Global risk spillover and the predictability of sovereign CDS spread: International evidence. International Review of Economics & Finance, 41, 371-390. doi: 10.1016/j.iref.2015.10.047

Premachandra, I. M., Zhu, J., Watson, J., & Galagedera, D. U. A. (2012). Best-performing US mutual fund families from 1993 to 2008: Evidence from a novel two-stage DEA model for efficiency decomposition. Journal of Banking & Finance, 36(12), 3302-3317. doi: 10.1016/j.jbankfin.2012.07.018

Premachandra, I. M., Chen, Y., & Watson, J. (2011). DEA as a tool for predicting corporate failure and success: A case of bankruptcy assessment. Omega, 39(6), 620-626. doi: 10.1016/j.omega.2011.01.002

Watson, J., Wickramanayke, J., & Premachandra, I. M. (2011). The value of Morningstar ratings: Evidence using stochastic data envelopment analysis. Managerial Finance, 37(2), 94-116. doi: 10.1108/03074351111103659

Oskam, C. L., Premachandra, I. M., & Dias, G. J. (2010). Bizygomatic breadth determination in damaged skulls. International Journal of Osteoarchaeology, 20(5), 540-548. doi: 10.1002/oa.1087

Alexander, D. R., Premachandra, I. M., & Kimura, T. (2010). Transient and asymptotic behavior of synchronization processes in assembly-like queues. Annals of Operations Research, 181, 641-659. doi: 10.1007/s10479-010-0796-9

Cao, X., Premachandra, I. M., Bhabra, G. S., & Tang, Y. P. (2009). Firm size and the pre-holiday effect in New Zealand. International Research Journal of Finance & Economics, 32, 171-187.

Premachandra, I. M., Bhabra, G. S., & Sueyoshi, T. (2009). DEA as a tool for bankruptcy assessment: A comparative study with logistic regression technique. European Journal of Operational Research, 193(2), 412-424. doi: 10.1016/j.ejor.2007.11.036

Campbell, A., Premachandra, I. M., Bhabra, G. S., Tang, Y. P., & Watson, J. (2008). GDP, share prices, and share returns: Australian and New Zealand evidence. Journal of Money, Investment & Banking, 5, 28-56.

Ferguson, E. L., Darmon, N., Fahmida, U., Fitriyanti, S., Harper, T. B., & Premachandra, I. M. (2006). Design of optimal food-based complementary feeding recommendations and identification of key ″problem nutrients″ using goal programming. Journal of Nutrition, 136, 2399-2404.

Dias, G. J., Premachandra, I. M., Mahoney, P. M., & Kieser, J. A. (2005). A new approach to improve TMJ morphological information from plain film radiographs. CRANIO, 23(1), 30-38.

Ferguson, E. L., Darmon, N., Briend, A., & Premachandra, I. M. (2004). Food-based dietary guidelines can be developed and tested using linear programming analysis. Journal of Nutrition, 134(4), 951-957.

Premachandra, I. M. (2004). A diffusion approximation model for managing cash in firms: An alternative approach to the Miller-Orr model. European Journal of Operational Research, 157, 218-226.

Dias, G., Dennison, K. J., & Premachandra, I. M. (2002). A newly-discovered craniological non-metric trait. Antropologia Portuguesa, 19, 41-55.

Dias, G., Dennison, K. J., & Premachandra, I. M. (2001). The previously unrecognized posterior deep temporal nerve groove on the cranial base. International Journal of Osteoarchaeology, 11, 241-248.

Premachandra, I. M. (2001). Controlling factor weights in data envelopment analysis by incorporating decision maker's value judgement: An approach based on AHP. Journal of Information & Management Science, 12(2), 1-12.

Premachandra, I. M. (2001). An approximation of the activity duration distribution in PERT. Computers & Operations Research, 28(5), 443-452.

Premachandra, I. M. (2001). A note on DEA vs principal component analysis: An improvement to Joe Zhu's approach. European Journal of Operational Research, 132(3), 553-560.

Premachandra, I. M., Powell, J. G., & Watson, J. (2000). A simulation approach for stochastic data envelopment analysis. International Journal of Information & Management Sciences, 11(1), 11-31.

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