Predicting financial distress through ownership pattern: dynamics of financial resilience of Bangladesh

Abstract In light of agency and resource dependence theories, we explored the impact of ownership patterns on the likelihood of financial distress using 57 financial institutions (FIs) listed in Dhaka Stock Exchange and 390 firm years from 2016 to 2022. This study observed that 97.94% of the firms a...

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Bibliographic Details
Main Authors: Shafiqul Alam, Sumon Kumar Das, Umma Rumman Dipa, Syed Zabid Hossain
Format: Article
Language:English
Published: SpringerOpen 2024-08-01
Series:Future Business Journal
Subjects:
Online Access:https://doi.org/10.1186/s43093-024-00379-5