Curriculum Vitae
1.
Personal Information
Name: I.M.Premachandra
2.
Date of Birth: 4 July 1950
Sex : male
Qualifications
PhD in Systems Engineering. Tokyo Institute of Technology, Japan, 1986
MEng in Systems Engineering, Tokyo Institute of Technology, Japan, 1983
MSc in Applied Statistics, University of Colombo, Sri Lanka, 1977
DipStat in Statistics, University of Vidyodaya, Sri Lanka, 1975
BSc(First Class Honours) in Science, University of Kelaniya, Sri Lanka, 1973
3.
Professional Affiliations / Memberships
Institute for Operations Research and the Management Sciences (Informs)
Decision Sciences Institute
Operational Research Society of New Zealand
4.
Employment History
(a)
Present Position
Associate Professor, Department of Accountancy and Finance, University of
Otago (since 2005). Joined Otago University in 1991.
(b)
5.
Employment History
Head of the Department, Department of Finance and Quantitative Analysis,
University of Otago, Nov 2006 – Nov 2009
Consultant, Postgraduate Institute of Management, University of Sri
Jayewardenepura, Sri Lanka, 1987-1989
Lecturer, Department of Industrial Management, University of Kelaniya, Sri
Lanka, 1975-1989
Part time Consultant, Sri Lanka Tyre Corporation, 1987-1989
Part time Consultant, Sri Lanka Police Department, 1989-1989
Staff Officer, Bank of Ceylon, 1974-1975
Chief Chemist, Sri Lanka Sugar Corporation, 1974-1974
Other Relevant Experience
(a)
Experience Working in an Overseas Country
Visiting Professor, The Institute of Statistical Mathematics, Tokyo, Japan,
1998 – 2000
1
Visiting Professor, Postgraduate Institute of Management, University of Sri
Jayewardenepura, Sri Lanka, July 1998 – October 1998 and July 1999 –
February 2000
Associate Professor, University of New Hampshire, Whittemore School of
Business and Economics, United States of America, 1989-1990
(b)
6.
International and inter-departmental research collaboration
With Dr Yao Chen, College of Management, University of Massachusetts at
Lowell, USA, since 2011
With Dr John Watson, Dept. Of Accountancy and Finance, Monash University
(Caulfield campus), Australia, since 2010
With Dr Tissa Galagedera, Department of Econometrics and Business
Statistics, Monash University (Caulfield campus), Australia (2010)
With Professor Joe Zhu, School of Business, Worcester Polytechnic Institute,
USA, since 2010
With Professor T. Kimura, Dept. Of Civil, Environmental and Applied System
Engineering, Kansai University, Japan, since 2009
With Professor Sueyoshi, T., Dept. of Management, New Maxico Institute of
Mining Technology, USA, since 2008
With Professor A.W. Frankle, Boise State University, USA – Analysis of the
global discount rates using econometric models (2006)
With Professors N. Darmon and A. Briend, The Institute Scientifique et
Technique de la nutrition et de l’Alimentation and the Institut National de la
Sante et de la Recherche Medicale, Paris – develop a general food-based
dietary guidelines for Malawian children using Linear Programming (2006)
With Dr Elaine L. Ferguson, Department of Human Nutrition, University of
Otago – develop a tool to improve Otago toddlers’ iron status (2003)
With Dr Jinho Jeong, Kyung-Nam University, South Korea – applied for a
research grant to study the cash balance behaviour in Korean banks (2003)
With Professor Tilak Abeysinghe, National University of Singapore – do
research and write a book on Econometrics (2003)
With Dr Dias, G.J. and Dennison, K.J., Department of Anatomy and Structural
Biology, University of Otago, The previously unrecognised posterior deep
temporal nerve groove on the cranial base (2002)
With Dr Dias, G.J., Department of Anatomy and Structural Biology,
University of Otago, Distortion on plain film radiographs of the
temporomandibular joint: A neural network solution (2000)
With Dr Cabraal, D.A. and Fields, M., Otorrhoea following ventilation tube
insertion – identifying risk factors, ENT Department, Dunedin Hospital (1999)
Research Activities
For International and inter-departmental research collaborations (refer 6(b))
(a)
Research Expertise
Stochastic Modelling and Analysis,
2
Futures market, efficiency tests, and spillover
Empirical Finance
Sovereign credit default swap spreads
Operations Research, Data Envelopment Analysis
Empirical Finance
(b)
Experience in Applied R & D, Contract Research, Consultancies, Patents
Part time Consultant, Sri Lanka Police Department, 1989-1989
Part time Consultant, Sri Lanka Tyre Corporation, 1987-1989
(c)
Research Grants
(1) Principal or joint principal research
Commerce research grant, $1160, to work on the paper entitled “Dynamics of
the Stock Market Information spillover on US Mutual Funds and the Role of
Commonality: A New Approach” (with John Watson and D.U.A. Galagedera),
2015
Otago research grant, $34000, with Dr Elaine L Ferguson, Department of
Human Nutrition, 2004
Laurenson Award – The Otago Medical Research Foundation, $25951, with
Dr Elaine L Ferguson, Department of Human Nutrition – to develop an
innovative tool to improve Otago toddlers’ iron status (2003) – I am a joint
principal investigator
School of Business Research Grant, $3740, for scheduling the ambulances at
St. John Ambulance Service (2001) – I am the principal investigator
(d)
Supervision of Postgraduate Students
PhD students
PhD, Efficiency, Risk Premium and Information Diffusion in Futures Markets:
International Evidence, University of Otago, Duminda Kuruppuarachchi,
supervisors: I.M. Premachandra (50%), Hai Lin (30%), Timothy Crack (20%),
2012 -2015 (completed)
PhD, Essays on the Evolving Risk-return profile of European Energy Utilities;
The Impact of Liberalization and decarbonisation, Dan Tulloch, supervisors: Ivan
Diaz-Rainey (45%), I.M. Premachandra (20%), George Benwell (35%), 20132015 (to be completed in September 2015)
PhD, Detecting Abnormal Behaviours in Financial Systems with High Data
Volumes, University of Otago, Rasika Withanawasam, supervisors: Peter
Whigham (50%), Premachandra, I.M. (25%, 2011-2012), and Crack, T. (25%),
2011-2013 (completed)
MCom/MBus/M.Sc./MBA students
3
MBus research project, Stock Exchange Mergers and Market Efficiency: MOEX
case, University of Otago, Evgeny Konov, 2015, supervisors: I.M. Premachandra
(50%), Ulku, N. (50%)
MCom, Performance Evaluation of US Mutual Funds, University of Otago,
Conrad Wong, 2011
MCom, Sovereign Credit Default Swap Spreads, University of Otago, Sasha
Srivastava, 2011
M.Sc., Neural Network Based Method to Improve the Accuracy of Forensic
Facial Approximation, University of Otago, Kunaal Sologar, supervisors: Dias,
G. Department of Anatomy (80%), Premachandra, I.M. (20%), 2009-2010
MBus, A Re-examination of the Holiday Effect in New Zealand Stock Returns:
The Effect of Size and Liquidity, University of Otago, Xiaoli Cao, 2006
Do Stock Indices Scaled by Macroeconomic Variables Contain Information about
Future Movements in the Aggregate Stock Market in Australia and New
Zealand?, University of Otago, Alun Campbell, 2006
MSc, Neural Network Approach to Forensic Facial Reconstruction, University of
Otago, Charlotte Oskam, 2006
MBus, The Real Exchange Rate Effect on Trade Between New Zealand and its
Major Trading Partners, University of Otago, Marcus Sew Hoy, 2005
MBus, Valuing Lost Future Earnings: Alternative Methodologies and Assigning
Appropriate Net Discount Rates, Otago, Ashley Gardyne, 2004
MBus, Numerical Methods for Bankruptcy Prediction: A Comparison
Between Data Envelopment Analysis and Logistic Regression, Otago, Robert
Buchanan, 2003
BSc(Hons), Is the Current Rain Rule (the Duckworth and Lewis system) Used
in One-day International Cricket Fair?, Otago, Jason Rabbitt , 2003
MCom, Confidence Interval Estimates for the Stochastic Frontier in Stochastic
Data Envelopment Analysis, Otago, John Watson, 2001- 2002
MBus, Bankruptcy Prediction, Otago, Andrew Graham, 2001
MBA, Inventory Record Accuracy, Otago, Kenneth J. Cochrane., 1999-2000
MBus, Predicting Management Buyouts using Data Envelopment Analysis,
Otago, Regan Hoult., 1999, 2000
MBus, Underpricing of IPOs, Otago, Dave Blondell, 1999, 2000
BCom (Hons), Measuring the Relative Efficiencies of New Zealand Equity
Unit Trusts Using a SDEA approach, Otago, Rebecca Short, 1997
MCom, Portfolio Management Using SDEA, Otago, Jing Shi, 1996-1997
7.
Distinctions
My PhD student D. Kuruppuarachchi won the Alan MacGregor Prize from the
department of Accountancy and Finance, University of Otago, for the best
postgraduate student of the year 2013
My PhD student Daniel J. Tulloch won the Alan MacGregor Prize from the
department of Accountancy and Finance, University of Otago, for the best
postgraduate student of the year 2014 and the best PhD paper award at the Otago
Energy Research Centre Symposium, 2014.
4
My PhD student Daniel J. Tulloch received a Research Associate position at Oxford
University starting from September 2015
Received the best paper award at the IAENG International conference on Operations
Research for the paper entitled “Transient and Asymptotic Analysis of
Synchronisation Processes in Assembly-like Queues”, (with D.R. Alexander), IMECS
June 2009 conference, Hong Kong.
The best teacher award in module 2 of the MBA programme, University of Otago, 2008
Received the best paper award for the paper entitled “Firm Size and the Pre-Holiday
Effect in New Zealand” presented at the Sixth International Business Research
Conference on Global economy, Markets and Management, Hong Kong, July 2007
Certificate of merit for the 2006 IAENG International workshop on Operations
Research for the paper entitled “Modeling a Queueing System with Transacting
Populations”, (with D.R. Alexander and D.U.A. Galagedera), IMECS June 2006
conference, Hong Kong.
One of the ten finalists for the 2002 OUSA Teaching Award (one of the ten nominees
selected from a pool of 600 nominations for this award), 2002
Laurenson Award – The Otago Medical Research Foundation for the joint research with
Dr Elaine L. Ferguson (Department of Human Nutrition) on improving Otago toddlers’
iron status (2003)
Best paper award, New Zealand Society of Otolaryngology-Head and neck surgery
conference, 1992
Title of the paper: "Otorrhoea following ventilation tube insertion - identifying risk
factors" by D.A. Cabraal, M. Fields, I.M. Premachandra
Nominated for the Outstanding Teaching Award, University of Otago, 1991
Japanese Government Monbusho scholarship in 1981.
Award for the outstanding performance at General Science Qualifying
Examination, University of Kelaniya (Sri Lanka), 1970
Countrywide Grade V Scholarship, Ministry of Education (Sri Lanka), 1961
8.
Teaching Activities
(a)
Range and level of teaching ( only at Otago University )
FINQ102, Business Mathematics
FINC406, Advanced Empirical Finance
BUSI526, Operations Research, MBA program
QUAN101, Business Statistics
FINC203, Business Data Analysis
FINC308, Quantitative Methods for Business
ACTP 303, Management Science Applications
BUSA 504, Statistical and Quantitative Methods
(b)
Development of significant innovations and/or publications in teaching materials
and procedures
(i)
Won the Innovation in Teaching grant for $7200 to develop a
Blackboard system for FINC203, 2000.
5
(ii)
(iii)
(iv)
(v)
(vi)
(vii)
Developed the following new cases for the QUAN 101 case study
tutorial classes. In these case study classes students were able to use the
concepts learned in the class in solving real-life problems.
 Should John’s company market the new water filter?
 Who is responsible for this?
 Send this machine back!!!
Developed and introduced activity based tutorials in QUAN 101 case
study tutorial classes on the following topics. These tutorials helped the
students to visualise the statistical concepts very easily.
 Estimating the mean of a population
 Random variables and probability distributions
 Hypothesis testing
Course notes, handbooks and computer manuals were written for all
the courses taught (see section (viii) below for details)
Published a simplified guide book for teaching (and learning) EXCEL
(see section (viii) below for details).
Developed a spreadsheet program for teaching some aspects of Project
Management. This work was published in the Journal of Computers
and Education (see section 10 for details)
Developed and wrote several prototype practical projects for BUSI
526 which simulate the behaviour of real life problems. These
problems are solved in the computer practical sessions.
(viii) Teaching material produced
A Handbook on Empirical Finance (270 pages)
A Handbook on Operations Research (250 pages)
A Quick reference manual for LINDO (20 pages)
A Quick reference manual for Microsoft Project 2000 (33 pages)
A Quick reference manual for @RISK (48 pages)
A Quick reference manual for SPSS (26 pages)
A Handbook on Forecasting Methods for Management (200 pages)
A Handbook on Statistics (285 pages)
A Simplified Guide to EXCEL (184 pages)
A handbook on Business Data Analysis (350 pages)
(c)
Teaching Administration and Leadership, Quality Assurance, Evaluation
Member of the working party for reintroducing BCom (Hons) and MBus, 2003
Curriculum co-ordinator, Department of Finance and Quantitative Analysis (
2002-2003)
Member of the MBA Curriculum Review Committee (2002)
Participated in the pilot study of a new system for evaluating teaching
performance (2000)
Departmental co-ordinator for MBA research projects (2000-2001)
Participated in the Commerce focus sessions on “staff feedback provided on
student work” (2000)
6
Nominated for the NZQA evaluation panel of the MSc program in Project
Management (2001)
Course co-ordinator, FINC 203 (2000-2006)
Course co-ordinator, BUSI526 ( 1991-2008)
Course co-ordinator, FINC406 (since 2002)
(d)
Professional Development Achievements
Attended the HEDC workshop on “providing quality postgraduate
supervision”, October 2011
Attended the HEDC training programme on scholarship development and
career planning for academic staff, May 2009
Attended the HEDC workshop for Heads of Academic Departments on
promotion, progression, confirmation, and scholarship development, March
2007
Attended the HEDC workshop on how to develop research culture in the
department, June 2007
Attended the HEDC workshop on “Managing People”, June 2007
Attended the HEDC Performance Development Reviewer’s training program,
2007
Completed the computer training program on Course Info overview conducted
by ITS, University of Otago, 2000
Completed the course on Project Management conducted by NZIM, 2000
PhD in Systems Engineering, 1986
MEng in Systems Engineering, 1983
MSc in Applied Statistics, 1977
DipStat in Statistics, 1975
BSc (First Class Honours), 1973
GSQ- won an award for excellent performance at the General Science
Qualifying examination, University of Kelaniya, Sri Lanka. This award was
given to the four best students selected from among all the national
Universities in Sri Lanka, 1970
9.
Student Evaluation of teaching (last three years)
See Otago teaching profile
10.
Publications
(a)
Books
Premachandra, I.M., A Simplified Guide to Excel, Post Graduate Institute of
Management, Sri Lanka (1999) 184 p [ISBN: 955-9054-30-9]
Premachandra, I.M., A Simplified Guide to LOTUS 123, Post Graduate Institute of
Management, Sri Lanka (1988) 191 p [ ISBN : 955-9054-00-7]
Premachandra, I.M., A Comprehensive Guide to dBASE III PLUS, Post Graduate
Institute of Management, Sri Lanka (1988) 216p
7
[ISBN: 955-9054-05-8]
(b)
Book Chapters
Premachandra, I.M., Joe Zhu, John Watson, and Don U.A. Galagedera, A book chapter:
Mutual Fund Industry Performance: A Network Data Envelopment Analysis Approach,
Data Envelopment Analysis: A Handbook of Empirical Studies and Applications, Edited
By Joe Zhu, 2014 (accepted for publication) [ Some parts of this paper are based on our paper
entitled Best-performing US mutual fund families from 1993 to 2008: Evidence from a novel two-stage
DEA model for efficiency decomposition, Journal of Banking and Finance, Vol.36, 12, 2012, p 33023317. Wrote the entire manuscript jointly with the co-authors]
(c)
Refereed Journal Articles ( ABDC ranking of journals is according to 2013 list)
Kuruppuarachchi, D., Premachandra, I.M., Information Spillover Dynamics of the Energy
Futures Market Sector: A Novel Common Factor Approach, Energy Economics, 2016
(in press), DOI: 10.1016/j.eneco.2016.05.015 [ ABDC: A*]
Tulloch, D.J., Diaz-Rainey, I., Premachandra, I.M., The Impact of Liberalization and
Environmental Policy on the Financial Returns of European Energy Utilities, The Energy
Journal, 2016 (accepted) [ ABDC: A ]
Srivastava, S., Lin, H., Premachandra, I.M., Roberts, H., Global Risk Spillover and the
Predictability of Sovereign CDS Spread: International Evidence, International Review of
Economics and Finance, 2016 (in press), DOI: 10.1016/j.iref.2015.10.047, [ ABDC: A ]
Galagedera, D.U.A., Watson, J., Premachandra, I.M., Chen, Y., Modeling leakage in twostage DEA models: An application to US mutual fund families, Omega: The
International Journal of Management Science, 2015 (in press), DOI:
10.1016/j.omega.2015.07.007 [ ABDC: A*. Impact factor 4.38 ]
Premachandra, I.M., Joe Zhu, John Watson, and Don U.A. Galagedera, 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, Vol.36, 12, 2012, p
3302-3317 [ ABDC: A* with an impact factor of 1.362. Cited 21 times so far. Original research idea was
mine and I led the research team. Wrote the entire manuscript with the support of the co-authors ]
Premachandra, I.M., Chen, Y., Watson, J. DEA as a Tool for Predicting Corporate Failure
and Success: A Case of Bankruptcy Assessment, Omega: The international Journal of
Management Science, Vol. 39, 2011, p620-626 [ ABDC: A*. Impact factor 3.626. Cited 41 times
so far. Original research idea was mine and I led the research team. Wrote the entire manuscript with the
support of the co-authors ]
Watson, J., Wickramanayake, J., Premachandra, I.M. The Value of Mornigstar Ratings:
Evidence Using Stochastic Data Envelopment Analysis, Managerial Finance, Vol. 37,
No.2, 2011, pp. 94-116 [ ABDC: B. Cited 5 times so far. Helped Watson in modelling and writing
the manuscript ]
8
Alexander, D., Premachandra, I.M., Kimura, T., Transient and Asymptotic Behaviour of
Synchrinization Processes in Assembly-like Queues, Annals of Operations Research,
Vol.181, No.1, 2010, p641-659 [ ABDC: A. Impact factor 1.103. Cited 2 times so far. Original
research idea was mine and I guided Dr Alexander to complete this paper. I led the research team and
Professor Kimura helped us in revising the paper ]
Oskam, C.L., Premachandra, I.M., Dias, G.J., Bizygomatic Breadth Determination in
Damaged Skulls, International Journal of Osteoarchaeology, Vol. 20, 2010, p540-548
[Impact factor 1.07, cited 2 times so far. Co-supervised Oskam’s M.Sc. thesis with Dr Dias. Guided and
helped the student in modelling and the statistical analysis of the data ]
Premachandra, I.M., Bhabra, G.S., Sueyoshi, T., DEA as a tool for bankruptcy
assessment : A comparative study with logistic regression technique, European Journal
of Operational Research, Vol. 193, 2009, p 412-424 [ ABDC: A*. Impact factor 2.625. Cited 78
times so far. Original idea was mine and I led the research team. Bhabra and I wrote the entire manuscript
and Professor Sueyoshi helped us in revising the paper ]
XiaoLi Cao, Premachandra, I.M., Bhabra, G.S., and Tang, Y.P, Firm Size and the PreHoliday Effect in New Zealand, International Research Journal of Finance and
Economics, Vol.32, October 2009 [ ABDC: C. Cited 18 times so far. supervised XiaoLi’s MBus
thesis for completion in 2006 and this paper is based on her thesis ]
Campbell, A., Premachandra, I.M., Bhabra, G.S., and Tang, Y.P., GDP, Share Prices and
Returns : The Australian and New Zealand Evidence, Journal of Money, Investment and
Banking, No. 5, (2008), p28-56 [ ABDC: C. Cited once so far. This paper is based on Campbell’s
MBus thesis which I co-supervised with Bhabra and Tang ]
Ferguson, E.L., Darmon, N., Fahmida, U., Fitriyanti, S., Harper, J.B., and Premachandra,
I.M., Design of Optimal Food-based Complimentary Feeding Recommendations and
Identification of Key “Problem Nutrients” using Goal Programming, The Journal of
Nutrition, Vol. 136 (2006), p 2399-2404 [ ERA: A. Impact factor 4.2. Cited 60 times so far. The
idea of using the Goal programming model was mine and I guided the team in formulating the model and
also involved in writing several sections of the manuscript ]
Dias, D.J., I.M. Premachandra, A New Approach to Improve TMJ Morphological
Information from Plain Film Radiographs, CRANIO: The Journal of Cranio Mandibular
Practice, Vol. 23, No.1 (2005) p30-38 [ helped Dias in the statistical analysis of the data and also
writing several sections of the paper ]
Premachandra, I.M. A Diffusion Approximation Model for Managing Cash in Firms:
An Alternative Approach to the Miller-Orr Model, European Journal of Operational
Research, Vol. 157, No.1 (2004) p218-226 [ ABDC: A*. Impact factor 2.625. Cited 35 times
so far. Sole author ]
Ferguson, E.L., Darmon, N., Briend, A., Premachandra, I.M., Food-based Dietary
Guidelines can be Developed and Tested using Linear Programming Analysis,
Journal of Nutrition , Vol. 134 (2004) p 951-957 [ ABDC: A. Impact factor 4.2, Cited 45
times so far. Guided the team in formulating the Linear Programming model and helped in writing
several sections of the manuscript ]
9
Dias, D.J., Dennison, K.J., Premachandra, I.M., A Newly Discovered Craniological
Non-metric Trait, Antropologia Portuguesa, Vol. 19 (2003) p 41-55 [ guided the team in
formulating the statistical model , data analysis, and helped writing several sections of the manuscript ]
Premachandra, I.M. An Approximation of the Activity Duration Distribution in
PERT, Computers and Operations Research, Vol.28, No.5 (2001) p 443-452 [ ABDC:
A. Impact factor 1.718. Cited 54 times so far. Sole author ]
Premachandra, I.M., Controlling Factor Weights in Data Envelopment Analysis by
Incorporating Decision Maker’s Value Judgement: An Approach Based on AHP,
Journal of Information and Management Science, Vol.12, No.2 (2001) p1-12. [ ERA:
C. sole author ]
Dias, D.J., Dennison K.J., Premachandra I.M., The Previously-unrecognized Posterior
Deep Temporal Nerve Groove in the Cranial Base, International Journal of
Osteoarchaeology , Vol. 11 (2001) p241-248 [ ERA: B. Helped Dias in the design and
statistical analysis of the data, and also writing some sections of the manuscript ]
Premachandra, I.M. , A note on DEA vs. Principal Component Analysis: An
Improvement to Joe Zhu’s Approach, European journal of Operational Research,
Vol.132, No.3 (2001) p553-560 [ ABDC: A*. Impact factor 2.625. Cited 62 times so far. Sole
author ]
Premachandra, I.M., John G. Powell and John Watson., A Simulation Approach for
Stochastic Data Envelopment Analysis, Journal of Information and Management
Sciences , Vol.11, No.1 (2000) p11 – 31 [ ERA : C. I led the research team and the manuscript
was jointly written with the co-authors ]
Premachandra, I.M. and Powell, J., Accommodating Diverse Institutional Investment
Objectives and Constraints Using Non-linear Goal Programming, European Journal
of Operational Research, Vol.105, 3 (1998) p447-456 [ ABDC: A*. Impact factor 2.625.
Cited 20 times so far. The research idea was mine and I led the team by formulating the goal
programming model. Manuscript was written jointly with the co-author ]
Premachandra, I.M., John G. Powell and Jing Shi., Measuring the Relative Efficiency
of Fund Management Strategies in New Zealand Using Spreadsheet Based Stochastic
Data Envelopment Analysis Model, Omega The International Journal of Management
Science, Vol.26, 2 (1998) p 319-331 [ ABDC: A*. Impact factor
3.626. Cited 33 times
so far. The research idea was mine and I led the research team in formulating the model. The
manuscript was written
jointly with the co-authors ]
Premachandra, I.M. and Rajasingh, A., Production Planning for Chicken Processing,
OR Insight, Vol.10, 3 (1997), p27-32 [ ABDC: C. Research idea was mine and the goal
programming model was formulated with the co-author using a data set from his workplace ]
Premachandra, I.M. and Gonzalez, L., A Simulation Model Solved the Scheduling
Problem of Drilling Rigs at Clyde Dam, Interfaces, Vol. 26, 2 (1996), p80-91[ ABDC:
C. This real life project was undertaken by me and the model was formulated by me with the support of
10
the co-author. Manuscript was written jointly ]
Premachandra, I.M. and Gonzalez, L., An Exact Solution to a Class of Queueing
Systems with Multipurpose Counters, Computers and Operations Research, Vol.21,
No.9, 969-977 (1994) [ ABDC: A. Impact factor 1.718. Cited once so far. Research idea was mine
and I led the team. Model was formulated by be and Gonzalez helped me in the analysis and writing the
manuscript ]
Premachandra, I.M., A Goal Programming Model for Activity Crashing in Project
Networks, International Journal of Operations and Production Management, Vol.13,
No.6, 79-85 (1993) [ ABDC: A. Impact factor 1.518. Cited 9 times so far. Sole author ]
Premachandra, I.M., Modelling a Turing Machine on a Spreadsheet: A Learning Tool,
Journal of Information and Management Sciences, Vol.4, No.2, 81-92 (1993) [ ERA:
C. Sole author ]
Premachandra, I.M., A Spreadsheet Program for Learning Some Aspects of Project
Management, Journal of Computers and Education, Vol.17, No.3, 235-242 (1991) [
Sole author ]
Premachandra, I.M., Simulating a Harbour Unloading Operation, Journal of
Information and Management Science, Vol.1, No.1, 119-128 (1990) [ ERA: C. Sole
author ]
Premachandra, I.M., Selecting a software for Digital Systems Simulation, Journal of
Information and Management Science, Vol.1, No.2, 115-123 (1990) [ ERA: C. Sole
author ]
Premachandra, I.M. and Morimura, H., A Fluid Flow Approximation Analyser for
Buffer Type Queueing Systems, Journal of Operations Research Society of Japan,
Vol.29, 156-175 (1986) [ based on my PhD thesis ]
Premachandra, I.M. and Morimura, H. Modelling and Analysis of a Queueing System
Existing in a Bank, Journal of Operations Research society of Japan, Vol.28, 112-132
(1985) [ based on my PhD thesis ]
(d)
Refereed Conference Proceedings ( other publications )
D. Kuruppuarachchi, I.M. Premachandra, Information Spillover Dynamics of the Energy
Futures Market: A Common Factor Approach”, to be presented at the World Finance and
Banking Symposium, Hanoi, Vietnam, Dec 2015 (see http://www.world-financeconference.com/node/282 )
D.U.A. Galagedera, J. Watson, I.M.Premachandra, Y. Chen, Efficiency Decomposition in
a Two Stage DEA Model with Stage 1 Output, Interdiate and Stage 2 Input Variables,
13th International Conference on Data Envelopment Analysis, Braunschweig, Germany,
Aug 2015 http://deaconference.com/dea2015/
11
Duminda Kuruppuarachchi, Hail Lin, I.M. Premachandra, Re-Examining the Futures
Market Efficiency using a New Approach in the Presence of a Time-Varying Risk
Premium, World Finance Conference, Venice, July 2014, http://www.world-financeconference.com/sites/default/files/World%20Finance%20Conference_v70_internet.pdf
I.M. Premachandra, Hai Lin, Helen Roberts, Global Risk Spillover and the Predictability
of Sovereign Credit Default Swap Spreads: International Evidence, The second
Conference on Global Financial Stability and Prosperity, Sydney, July 2013,
www.asb.unsw.edu.au/igf
Alexander, D.R., Premachandra, I.M., Kimura, T., Transient and Asymptotic Analysis of
Synchronization Process in Assembly-like queues, International Statistics conference on
statistical concepts and methods for modern world, Sri Lanka, December 2011
Peter Whigham, Rasika Withanawasam, Timothy Crack, I.M. Premachandra, Evolving
Trading Strategies for a Limit-Order Book Generator, IEEE Congress on Evolutionary
Computation, 2010
Alexander, D.R., Premachandra, I.M., Transient and Asymptotic Analysis of
Synchronization Processes in Assembly-like queues, IMECS (International Multi
Conference of Engineers and Computer Scientists, Hong Kong (June 2009), pp 66-70
Alexander, D.R., Premachandra, I.M., Kimura, T., Transient and Asymptotic Analysis of
Synchronization Processes in Assembly-like queues, Symposium on Queueing Theory,
Nagano, Japan (January 2009)
Alexander, D.R., Premachandra, I.M., Kimura, T., Transient and Asymptotic Analysis of
Synchronization Processes in Assembly-like queues, National Conference of the
Operations Research Society of Japan, Ibaraki, Japan (March 2009)
Campbell, A., Premachandra, I.M., Bhabra, G.S., Tang, Y.H., Watson, J., GDP, share
prices, and share returns: Australian and New Zealand evidence, Australian Finance and
Banking Conference, Sydney, Australia, December 2007
Xiao Li Cao, Premachandra, I.M., Bhabra, G.S., Tang, Y.P., Firm Size and the PreHoliday Effect in New Zealand, Sixth International Business Research Conference on
“Global Economy, Markets and Management”, Hong Kong, July 2007, p27
Premachandra, I.M., Alexander, D.R., and Galagedera, D.U.A, Modeling a Queueing
System
with Transacting Populations, IMECS (International MultiConference of
Engineers and Computer Scientists, Hong Kong (June 2006), p766-768
Oskam, C., Codinha, S., Premachandra, I.M., Dias, G., Forensic facial reconstruction on
damaged skulls. In C. Brown, P. Gragg, M. Hibma, T. Merriman, D. Oorschot, J.
Tyndall, and M. Williams (Eds.), Proceedings of the 185th scientific meeting of the Otago
Medical School Research Society, Dunedin, New Zealand, 2006, pp. A5.
12
Elaine, L.F., Fahmida, U., Fitriyanti, S., Harper, T.B., Darmon, N., and Premachandra,
I.M., A rigorous approach to design optimal complementary feeding recommendations for
young children in developing countries, Bioavailability conference, Thailand (March
2006)
Premachandra, I.M., Bhabra, G.S., and Buchanan, R., DEA as a tool for predicting
corporate bankruptcy, IFORS conference, Hawaii (July 2005)
Elaine, L.F., Paul, R., Alexander, C., A., and Premachandra, I.M., Computerisedassisted
tool to improve toddler’s diets, Dietetics conference, New Zealand (2004).
Bhabra, G.S., Premachandra, I.M., and Buchanan, R., Predicting Corporate
Bankruptcy: Data Envelopment Analysis as an alternative to Logistic Regression
Technique, AFAANZ (Accounting and Finance Association of Australia and New
Zealand) conference, to be presented in July 2004, Alice Springs, Australia
Premachandra, I.M., A Diffusion approximation model for managing cash in firms,
ICIAM 2003- 5th international congress on industrial and applied mathematics,
Sydney (2003) p 225.
Dias, G., Dennison, J. and Premachandra, I.M., The previously unrecognised posterior
deep temporal nerve groove on the cranial base. In proceedings of the 14th European
meeting of the Paleopatology Association, Coimbra, Portugal (2002) p52
Bhabra, G.S., Premachandra I.M. and Hoult, R., Predicting management buyouts
using data envelopment analysis, APORS 2000, The fifth conference of the
Association of Asian-Pacific Operations Research societies, Singapore (2000) p 89.
Premachandra I.M and Powell, J., Portfolio management using a spreadsheet based
stochastic data envelopment analysis model, Association of Asian-Pacific Operational
Research societie’s conference, Melbourne (1997) p HB1.3
Premachandra I. M ( with Powell, J. ), Accommodating conflicting institutional
objectives using Goal Programming, Academy of International Business South East
Asia regional conference, New Zealand (1996)
Premachandra I.M and Stent, A., A Linear Programming model for Fleet
management, Pan Pacific conference XIII, Japan (1996) p 139
Premachandra, I.M., Gonzalez, L., A Simulation Model Solved the problem of
scheduling drilling rigs at Clyde Dam, IASTED conference, Sri Lanka (1995) p102
Premachandra, I.M., An Exact solution to a class of queueing systems with
multipurpose counters, ORSA/TIMS conference, USA (1993) p 98
Cabraal, D.A., Fields, M., Premachandra, I.M., Otorrhoea following ventilation tube
insertion- identifying risk factors, New Zealand society of Otolaryngology- Head and
13
Neck Surgery conference, New Zealand (1992)
Premachandra, I.M., Quantitative Modelling using Spreadsheets, ORSA/TIMS
conference, Philadelphia, USA (1990) p 147
Premachandra, I.M., An Extension of the Fluid Flow Approximation Technique,
Proceedings of the 43rd annual session of Sri Lanka Association for the Advancement
of Science, Sri Lanka (1987) p 250
11.
University Service
(a)
Positions held within the Department/School/Division
Co-Chair (50%), Research Committee, Department of Accountancy and Finance,
University of Otago, since 2013
Member, Otago Business School research committee, since 2016
Member, Executive Committee, Department of Accountancy and Finance,
University of Otago, 2011-2013
Head of the Department, Department of Finance and Quantitative Analysis,
University of Otago, from November 2006 to November 2009
Departmental host for the Williams Evans Fellow (Professor Toshikazu
Kimura, Hokkaido University, Japan ) (2008)
Departmental host for the Williams Evans Fellow (Professor Toshiuki Sueyoshi,
New Mexico Institute of Mining and Technology, USA) (2006)
Member of the School of Business Advisory Board – which advises to the Dean
on curriculum, governance and engagement with business community. Also help
the Dean to enhance the visibility and reputation of the School of Business in the
business community – 2006-2008
Member of the interview panel for Deutsche Bank Financial markets and
investment banking scholarships for Finance students, July 2007
Member of the selection committee for the First NZ Capital scholarship for
studies in Finance, 2007
A member of the panel appointed to interview the candidates for the Chair
position at the Department of Finance and QA, May 2006
An invited member of the Recruitment and Admissions Committee to discuss the
MCom course work for Ms. Fariza (2005)
14
A member of the AACSB accreditation panel (research led teaching) of the school
of business (2005)
A member of the School of Business research grants (2004-2007)
A member of the committee for the award of SOB (School Of Business) Dean’s
PhD scholarships (2005)
Departmental representative of the focus group which met the Vice Chancellor to
discuss about the PBRF issues ( November, 2005 )
A member of the interview panel to appoint the Director, International Business
program (2005)
A member of the EQUIS accreditation panel (research) of the school of business
(2004)
A member of the working party on the development of the school of business
strategic plan (2004)
A member of the Research Committee, School of Business
(2004)
A member of the Commerce Divisional Board (2004-2006)
A member of the departmental working party on reintroducing BCom (Hons)
(2003)
Liaison Officer, Ceylinco Consolidated, Sri Lanka- to facilitate recruiting
students from Sri Lanka (2002).
A member of the Policy Committee of the Department of Finance and QA
(2002-2004). This is a high-level decision making committee of the
department.
Curriculum co-ordinator for two hundred and three hundred level papers,
Department of Finance and QA (2002-2004)
Course co-ordinator, FINC 406 (Advanced Empirical Finance) (since 2002)
Course co-ordinator, FINC 203(Business Data Analysis) (2001-2007)
Departmental host for the Williams Evans Fellow (Professor Toshikazu
Kimura) (2001)
Member of the MBA Curriculum Review Committee (2000)
15
Departmental co-ordinator for MBA research projects (2000-2002)
Departmental host for the Williams Evans Fellow (Professor Shinji Mizuno)
(1999)
Course co-ordinator of BUSI 526(Operations Research) (1991-2008)
Member of the Departmental Social Committee (2000-2003) – responsible for
organising staff/student parties, security of students
Administrator of FINC203 Blackboard System (2000-2007) – responsible for
the establishment and maintenance of the Blackboard system
Member of the Interview Committee for recruiting teaching staff in the
Department (2000)
Reporter, Departmental retreat (2000)
University Representative for the Dunedin-Otaru Sister City Society
Committee, Dunedin City Council (1999-2003) – attend monthly meetings and
report to the AVC (Commerce Division) on academic matters
Member of the working party for reviewing of procedures for work passing
through the Departmental secretary (1999)
International Student Adviser (1995 to 1999)
(b)
Positions held at a University level
An invited member of the audience for evaluating the presentations of the
candidates for the position of a new Director of the HEDC, 2005
Member of the Senate representing Division of Commerce (2004-2006)
Member of the VC appointment focus group (2003)
Member of the CALT subcommittee for selecting the nominees for the
National Tertiary Teaching Excellence award (2003 - 2005)
Member of the CALT subcommittee for the award of National Tertiary
Teaching Excellence awards (2003 - 2005)
Member of the CALT subcommittee for awarding CALT grants (innovative
teaching, research into teaching, and internationalization of teaching
curriculum grants) (2003 – 2005)
16
Commerce Division representative for the Committee for the Advancement of
Learning and Teaching (CALT) (2003 - 2005)
Member of the pilot study group for implementing a new system for evaluating
teaching performance (2000)
Participated in the Commerce focus sessions on “staff feedback provided on
student work” (2000)
Nominated for the NZQA evaluation panel of the MSc program in Project
Management (2001)
Translator - University of Otago Consulting Group (since 1996)
Contact person - University Ethical Behaviour Committee (1997-1999)
12.
Professional Activities
(a)
Academic and Professional Advice and services
(i)
Services to non-governmental organisations
Undertook a project at Telecom to study the price structures of their products
(2004)
Undertook a project with Elaine L. Ferguson (Department of Human
Nutrition) to improve the iron status of Otago toddlers’ under a grant from the
Otago Medical Research Foundation (2003)
Offered my services to the general hospital in Invercargill for scheduling the
roster of the doctors (2003)
Undertook (voluntary) a project to forecast and schedule the demand for
ambulances in all the centres of St. John Ambulance Service-Southern Region,
New Zealand (2000). This project involved the analysis of a large quantity of
data and formulation of a network model to forecast and schedule the demand
for ambulances and other resources at SJAS-SR.
Helped in the data analysis of the survey (on otorrhoea following
ventilation tube insertion) conducted by the ENT department at
Dunedin Hospital (1996)
Undertook a consultancy project for Bachy Company, Australia (1995), on
scheduling drilling rigs at Clyde Dam, New Zealand
17
Acted as an adviser for the project undertaken by Ashok Rajasingh
(MBA student) at the Tegel Company, New Zealand (1995)
(b)
Service to External Academic and Professional Activities
(i)
Academic Mentor
Raza, A., Department of Accountancy and Finance, University of Otago,
2015-2016
Vithessonthi, C., Department of Accountancy and Finance, University of
Otago, 2015-2016
Alexander, D., Department of Finance and QA, University of Otago, 20062009
Marilyn Waldron, Department of Accounting and Business Law – provided
guidance and support on Linear Programming and LINDO
Jing Shi, Australian National University:
- provided guidance and support to publish research articles
Liliana Gonzalez, University of Otago:
- supported joint research and publications
John Powell, John Watson, Gurmeet Bhabra, University of Otago:
- initiated research that combines Finance and Management Science
techniques. Results were published in a refereed journal.
Dias, G.J., Cabraal, D.A., University of Otago:
- supported their medical research with statistical analysis
Ashok Rajasingh, McKechnie Metals Ltd.:
- Helped to apply Management Science techniques in their work place
Ken Cochrane, Pacific Pharmaceuticals Ltd.:
- Helped to improve their inventory record accuracy
Peter Openshaw, Bachy Company, Australia:
- Supported stream-lining the drilling process in the Clyde Dam concrete
blanket construction
(b) Service to external academic and/or professional activities
Invited member of the International Scientific Committee of the Data
Envelopment Analysis International conference, Nanjing, China, July 2-5,
2016 (see http://icae.nau.edu.cn/s/159/t/214/a/24035/info.jspy )
Discussant of the paper entitled “A Time-Varying Error Correction Model of
Price Discovery: Implications for Portfolio Construction and Hedging” at the
World Finance and Banking Symposium, Hanoi, Vietnam, Dec 2015 (see
http://www.world-finance-conference.com/node/282 )
Chair Person, NZ Finance Colloquium, February 2013.
New Zealand Finance Colloquium | PhD Symposium - 2013 Programme
18
Discussant of the paper entitled “Intra-Regional Credit Contagion and Global
Systemic Risk in International Sovereign Debt Markets” by Wu, E.,
Kalotychou, E., Remolona, E, The Second Conference on Global Financial
Stability and Prosperity, July 2013, Sydney], www.asb.unsw.edu.au/igf
Editorial Board Member of the “Theoretical Economics Letters” (ISSN: 21622078 ) since 2013. This is an open access peer reviewed journal with an
impact factor of 0.31. See http://www.scirp.org/journal/tel/
Associate Editor, Sri Lankan Journal of Applied Statistics ( ISSN: 1391-4987
) since 2012. This is a new and an open-access, double-blind, peer reviewed
international journal published by the Institute of Applied Statistics, Sri Lanka.
See
http://www.iappstat.lk/journal/ojs/index.php/sljap/pages/view/EditorialBoard
Editorial Board member of the journal “Engineering letters” (ISSN: 18160948) since 2007, of the International Association of Engineers. This journal is
associated with the annual IMECS conference where I am a committee
member. See www.engineeringletters.com/editorial_board.html
Guest editor of the special issue of the journal “Engineering Letters” that
follows the IMECS conference, since 2005
(http://www.engineeringletters.com/special_issues.html
Committee member of the conference committee of the annual IMECS
(International Multiconference of Engineers and Computer Scientists)
conference held in Hong Kong, since 2005. This committee has been formed
with over 300 scholars selected from 30 countries. The IMECS conference
held in 2015 has attracted more than 800 participants from over 50 countries
and the acceptance rate of papers is 50.73% (313 accepted out of 617
submitted). I am responsible for refereeing the conference papers and helping
the organizing committee in decision making. See:
http://www.iaeng.org/IMECS2015/
http://www.engineeringletter.com/special_issues.html or
www.engineeringletters.com/editorial_board.html
Reviewer of the special issue of JCC (Journal of CENTRUM Cathedra) on
DEA : The Business and Economics Research Journal, Vol.4, Issue 2,
September 2011
Invited speaker at the International Statistics Conference, Colombo, Sri Lanka,
Dec 2011. This conference is organized by the Institute of Applied Statistics,
Sri Lanka jointly with the School of Mathematics and Statistics, University of
Sydney, Australia. I was also the session chair of the special guest lecture by
Professor David Allen, Edith Cowan University, Australia.
External examiner for Samithamby Senthilnathan, PhD candidate, Department
19
of Finance, Massey University, completed in 2009, Thesis title: The Role of
the Most Recent Prior Periods Price in Value Relevance Studies.
School of Business representative to provide information to design a new
GMAT examination, 2009
Was nominated by the Worcester Polytechnic Institute, USA as an external
reviewer for the promotion of Joe Zhu for the rank of full professor,
Operational and Industrial Engineering group, Department of Management, in
2007, and 2009 promotion rounds.
External referee for the promotion of Dr Galagedera, D.U.A, Department of
Econometrics and Business Statistics, Monash University, Australia, to the
rank of Senior Lecturer, 2006.
Session chair (Cluster: OR in Finance) of the IFORS (International Federation
of Operational Research Societies) conference in Hawaii, 2005
Was nominated by the Worcester Polytechnic Institute, USA as an external
reviewer for the promotion of Joe Zhu, Operational and Industrial Engineering
group, Department of Management (2003)
Assisted Professor Bryan Manly (Department of Mathematics and Statistics) to
moderate the following Operations Research papers at Victoria
University of Wellington (1992- to 2000):
 OPRE451 Operations Research Applications
 OPRE453 Simulation and Stochastic Models
( ii ) Refereeing journals and periodicals
Referee to:
Australian Economic Papers (since 2015)
Referee to:
Pacific Accounting Review (since 2012)
Referee to:
Advances in Operations Research (since 2010)
Referee to:
Mathematical and Computer Modelling, (since 2009)
Referee to:
Annals of Operations Research, (since 2009)
Referee to:
The Financial Review, (since 2006)
Referee to:
Journal of the Operational Research Society, (since 2005)
Referee to:
Omega: The international journal of Management Science, (since 2004)
Referee to:
20
Multinational Finance Journal, (since 2000)
Referee to:
European Journal of Operational Research, (since 1997)
Referee to:
Journal of Computers and Education, (since 1997)
Referee to:
Journal of Computers and Operations Research, (since 1995)
13.
Community Service
(a)
Undertook a project with Elaine L. Ferguson, Department of Human Nutrition
to improve the iron status of Otago toddlers (2003)
(b)
Active member of the Samadhi Buddhist Temple in Christchurch (since 2002).
Sponsored for a Buddhist monk and set up a temple in Christchurch for the
Buddhist community
(c)
Member of the Sri Lankan Association in Dunedin and Christchurch (since
1993). Organised the Sri Lankan new year festival in Dunedin in 2002.
(d)
New Zealand Police, Dunedin (Translator, voluntary), 2000
(e)
Department of Courts, Dunedin (Translator, voluntary), 2000
(f)
Assisted St. John Ambulance Service to formulate a model for forecasting the
demand for its ambulances (voluntary)
I.M.Premachandra
Date: 17 June 2016
.
21