Duminda Kuruppuarachchi , Our staff, Department of Accountancy & Finance, University of Otago, New Zealand

Senior Lecturer
PhD (Otago), MBA (UoM), PGDBM (Colombo), B.Sc (USJP)

Office OBS 5.29
Tel +64 3 479 5609
Email duminda.ka@otago.ac.nz

Dr Duminda Kuruppuarachchi joined the University of Otago in 2018. Prior to this appointment, he has served as a Senior Lecturer at the University of Sri Jayewardenepura, Sri Lanka and as a vising Lecturer at the University of Moratuwa, and Colombo University, Sri Lanka. Duminda has specialised in Financial Econometrics and Applied Statistics and has gained experience in using various statistical packages such as STATA, SPSS, EVIEWS, AMOS, and SMART-PLS in data analysis. He is also an expert in MATLAB programming especially in writing codes for Econometric analysis.

Duminda’s research focuses on Financial Markets, Investments, and Environmental Finance. His research has been published in leading A* and A rated (ABDC) finance journals. Duminda has also won various awards including the best research paper award at an international conference, Alan MacGregor Prize for the outstanding student from the Department of Accountancy and Finance, University of Otago, Otago Doctoral Scholarship, and a Gold Medal for his outstanding performance at the MBA programme, University of Moratuwa, Sri Lanka. Duminda has also gained a lot of experience in supervising both undergraduate, masters, and PhD students. He has also gained administrative experience in Accreditation and Quality Assurance while serving at universities in Sri Lanka, and as the acting chair of the research committee at the Department of Accounting and Finance. He is also a member of the Climate Energy and Finance research groups (CEFGroup) of the department.

For more information please refer to:

Teaching

FINC 203 Financial Data Analysis
FINC 406 Financial Econometrics

Research interests

Environmental and Climate Finance
Market Efficiency and Information Spillovers in Financial Markets
Financial Modelling and Empirical Asset Pricing

^ Top of page

Publications

Arachchi, C. W., & Kuruppuarachchi, D. (2022). What drives innovation performance? A study of Sri Lankan software development industry. International Journal of Contemporary Business Research, 1(1), 1-26.

Nguyen, Q., Diaz-Rainey, I., & Kuruppuarachchi, D. (2022). In search of climate distress risk. International Review of Financial Analysis. Advance online publication. doi: 10.1016/j.irfa.2022.102444

Nguyen, Q., Diaz-Rainey, I., Kuruppuarachchi, D., McCarten, M., & Tan, E. K. M. (2022). Climate transition risk in U.S. loan portfolios: Are all banks the same? International Review of Financial Analysis, 102401. Advance online publication. doi: 10.1016/j.irfa.2022.102401

Perera, K., Kuruppuarachchi, D., Kumarasinghe, S., & Suleman, T. (2022, April). Idiosyncratic volatility puzzle: A climate risk explanation. Verbal presentation at the Financial Markets & Corporate Governance (FMCG) Conference, [Hybrid].

Onishchenko, O., Zhao, J., Kuruppuarachchi, D., & Roberts, H. (2021, July). Who drives intraday time-series momentum? Verbal presentation at the Accounting & Finance Association of Australia and New Zealand (AFAANZ) Conference, [Online].

Journal - Research Article

Kennett, H., Diaz-Rainey, I., Biswas, P. K., & Kuruppuarachchi, D. (2021). Climate transition risk in New Zealand equities. Journal of Sustainable Finance & Investment. Advance online publication. doi: 10.1080/20430795.2021.1904774

Journal - Research Article

Nguyen, Q., Diaz-Rainey, I., & Kuruppuarachchi, D. (2021). Predicting corporate carbon footprints for climate finance risk analyses: A machine learning approach. Energy Economics, 95, 105129. doi: 10.1016/j.eneco.2021.105129

Journal - Research Article

Onishchenko, O., Zhao, J., Kuruppuarachchi, D., & Roberts, H. (2021). Intraday time-series momentum and investor trading behavior. Journal of Behavioral & Experimental Finance, 31, 100557. doi: 10.1016/j.jbef.2021.100557

Journal - Research Article

Priyadarshana, A. D. A. D., Lokupitiya, R. S., Kuruppuarachchi, D., & Lokupitiya, E. (2021). Using weather patterns to forecast electricity consumption in Sri Lanka: An ARDL approach. International Energy Journal, 21(2), 257-268.

Journal - Research Article

Abeysekara, N., Wang, H., & Kuruppuarachchi, D. (2019). Effect of supply-chain resilience on firm performance and competitive advantage: A study of the Sri Lankan apparel industry. Business Process Management Journal, 25(7), 1673-1695. doi: 10.1108/BPMJ-09-2018-0241

Journal - Research Article

Dewasiri, N. J., Koralalage, W. B. Y., Azeez, A. A., Jayarathne, P. G. S. A., Kuruppuarachchi, D., & Weerasinghe, V. A. (2019). Determinants of dividend policy: Evidence from an emerging and developing market. Managerial Finance, 45(3), 413-429. doi: 10.1108/MF-09-2017-0331

Journal - Research Article

Kuruppuarachchi, D., Lin, H., & Premachandra, I. (2019). Testing commodity futures market efficiency under time-varying risk premiums and heteroscedastic prices. Economic Modelling, 77, 92-112. doi: 10.1016/j.econmod.2017.12.005

Journal - Research Article

Kuruppuarachchi, D., Premachandra, I. M., & Roberts, H. (2019). A novel market efficiency index for energy futures and their term structure risk premiums. Energy Economics, 77, 23-33. doi: 10.1016/j.eneco.2018.09.010

Journal - Research Article

Morawakage, P. S., Nimal, P. D., & Kuruppuarachchi, D. (2019). Equity risk premium puzzle: Evidence from Indonesia and Sri Lanka. Bulletin of Indonesian Economic Studies, 55(2), 239-248. doi: 10.1080/00074918.2018.1529406

Journal - Research Article

Ülkü, N., Kuruppuarachchi, D., & Kuzmicheva, O. (2017). Stock market's response to real output shocks in Eastern European frontier markets: A VARwAL model. Emerging Markets Review, 33, 140-154. doi: 10.1016/j.ememar.2017.09.004

Journal - Research Article

Kuruppuarachchi, D. (2016). The role of Sri Lankan stock market in the Asian region. Vidyodaya Journal of Management, 2(1), 61-85.

Journal - Research Article

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

Journal - Research Article

Ülkü, N., & Kuruppuarachchi, D. (2015). Stock market's response to real output shocks: Connection restored but delayed. International Review of Finance, 15(4), 613-622. doi: 10.1111/irfi.12056

Journal - Research Article

Kuruppuarachchi, D., & Perera, H. S. C. (2010). Impact of TQM and technology management on organizational performance. IUP Journal of Operations Management, 9(3), 23-47.

Journal - Research Article

Arachchi, W., & Kuruppuarachchi, D. (2017). Drivers of innovation performance of the Sri Lankan software development industry. Proceedings of the 14th International Conference on Business Management. (pp. 798-820). [Full Paper]

Conference Contribution - Published proceedings: Full paper

Liao, L., Diaz-Rainey, I., Gehricke, S., & Kuruppuarachchi, D. (2020). The role of fundamentals and policy in New Zealand's carbon prices. Proceedings of the 14th Annual Otago Energy Research Centre (OERC) Symposium: New Energy Futures post COVID-19. Retrieved from https://www.otago.ac.nz/oerc

Conference Contribution - Published proceedings: Abstract

Conference Contribution - Verbal presentation and other Conference outputs

Kuruppuarachchi, D., & Premachandra, I. M. (2015, December). Information spillover dynamics of the energy futures market sector: A novel common factor approach. Verbal presentation at the World Finance & Banking Symposium, Hanoi, Vietnam.

Conference Contribution - Verbal presentation and other Conference outputs

Kuruppuarachchi, D., Hai, L., & Premachandra, I. M. (2014, July). Investigating the efficiency of commodity futures: A novel efficiency index. Verbal presentation at the World Finance Conference, Venice, Italy.

Conference Contribution - Verbal presentation and other Conference outputs

More publications...