Das, Sumon Kumar; Dipa, Umma Rumman; Hossain, Syed Zabid - In: Future Business Journal 10 (2024) 1, pp. 1-19
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 are in...