Research In Management and Accounting (RIMA)
Vol. 8 No. 1 (2025): June

OWNERSHIP STRUCTURE AND FINANCIAL PERFORMANCE: EVIDENCE FROM EMERGING COMPANIES

Rahaman, Mohammed Ashiqur (Unknown)
Khan, Maksudur Momin (Unknown)
Chowdhury, Kanta (Unknown)
Masum, Mofijul Hoq (Unknown)



Article Info

Publish Date
26 Jun 2025

Abstract

The purpose of this study is to explore the impact of ownership structure on corporate performance from the context of an emerging country, Bangladesh. This empirical study is based on a dataset of 200 observations from the annual reports of twenty Dhaka Stock Exchange (DSE) listed pharmaceutical and chemical companies from the tenures of 2013 to 2022. Here a multiple regression model has been executed to explore the influence of ownership attributes on financial performance. It is found that director ownership, institutional ownership, general ownership and foreign ownership significantly influence the corporate performance. These findings imply the current comprehension of ownership structure and its association with financial success. This study also provides valuable insight for businesses and management to set their long-term vision and goals in terms of ownership and equity matters. External financiers and legislators can also benefit from this study in making investment decisions and new policies. Future researchers can expand their study reach by including more years of data, other relevant variables from the ownership structure field, macroeconomic variables, and other industries to serve the needs of a wide range of users.

Copyrights © 2025






Journal Info

Abbrev

RIMA

Publisher

Subject

Economics, Econometrics & Finance

Description

Research in Management and Accounting (RIMA) Journal, e-ISSN 2723-3804, DOAJ indexed, published by Faculty of Business, Universitas Katolik Widya Mandala Surabaya. Research in Management and Accounting (RIMA) Journal accepts the research, methods, review, data, theory, or case study papers. The ...