ATM Adnan

Assistant Professor, BUFT


Mr. ATM Adnan is currently working as an Assistant Professor at Department of Business Administration, Faculty of Business Studies, BGMEA University of Fashion and Technology (BUFT), Dhaka, Bangladesh. He obtained his M.Sc. in Accounting and Finance from Bangor University, United Kingdom in 2018. He also completed his MBA in Accounting and Information Systems from the University of Dhaka in 2013. He did his Bachelor of Business Administration in Accounting and Finance from American International University-Bangladesh (AIUB) in 2011. He is an Associate Editor of BUFT Journal of Business and Economics (BJBE). His areas of interest are Capital Market, Corporate Governance, Merger and Acquisition, Financial Reporting Quality, Sustainability Reporting and International Business Strategy. He has published 27 articles so far in reputed international and local peer reviewed journals.  

Teaching/Research Specialization

Financial Accounting

Corporate Finance
Financial Management
Cost and Management Accounting
Personal Taxation
Accounting Theory
Investment and Portfolio Management


[1]. Adnan, A.TM., & Johani, S. A. (2023). Stock Market Reaction to COVID-19: A Cross-Sectional Industry Analysis in Frontier Market. IIM Kozhikode Society & Management Review, Ahead of print. (Scopus, ABS, ABDC, WOS)

[2]. Adnan, A.T.M. (2022). Asian Perspective of capital market performance amid Covid 19 pandemic. Asian Journal of Accounting Research, Ahead of print. http://doi/10.1108/AJAR-10-2021-0223, (Scopus, ABDC)

[3]. Al Johani, S., & Adnan, A.T.M. (2022). Revisiting the Relationship between Corporate Governance and Firm performance: Evidence from British Manufacturing Firms. Acta Universitatis Bohemiae Meridionalis, 25(1), 7-32. DOI: 10.32725/acta.2022.002. (ABDC)

[4]. Islam, M. S., & Adnan, A.T.M. (2022). Determinant Factors of Dividend Policy Using a Structural Equation Modeling Approach: A Study of the Banking Sector of Bangladesh. Oblik i Finansi, 95, 49-58. DOI: 10.33146/2307-9878-2022-1(95)-49-58. (EconLit)

[5]. Md. Mahadi Hassan, Jimoh Olajide Raji, Adnan ATM, Ezaz Ahmed and Md. Irfan (2022). Firm's Sharia-compliant Status, Cross-sectional Returns, and Malaysian Cross-border Acquisition” for publication in Studies Comp. Intelligence, Vol. 1010. published by Springer Nature. (Scopus, SCI)

[6]. Adnan, A.T.M., & Khan, M. M.(2021). Adoption of International Financial Reporting Standard (IFRS) and its Consequences on Financial Reporting Quality: A Review. BUFT Journal of Business and Economics (BJBE), 2(1), 175-186.

[7]. Adnan, A.T.M., & Hasan, M. M.(2021). The Emergence of COVID-19 and Capital Market Reaction: An Emerging Market Scenario Analysis. Asian Academy of Management Journal of Accounting and Finance, 17(1) 35- 62. (Scopus, WOS, ABDC)

[8]. Adnan, A.T.M., Hasan, M. M., & Ahmed, E.(2020). Capital Market Reactions to the Arrival of COVID-19: A Developing Market Perspective. Economic Research Guardian, 10(2), 97-121. (Scopus, WOS)

[9]. Adnan, A.T.M. (2019). Does market react to tax reduction news? An empirical study on corporate tax reduction of Bangladesh in 2017- 18.Business, Management and Education, 17(2), 286-308. DOI: (Scopus, WOS)

[10]. Adnan, A.T.M., Khan, A. N., & Islam, M. S. (2019). Competitive Position of Bangladesh and China in the Global Clothing Export Market: An Analysis of Revealed Comparative Advantage.Trends Economics and Management, 13(34), 9- 28. (EconLit)

[11]. Adnan, A.T.M., & Ahmed, N. (2019). The Transformation of the Corporate Governance Model: A Literature Review. Copernican Journal of Finance & Accounting, 8(3), 7-46. (ABDC)

[12]. Islam, M. S., & Adnan, A. (2019). Dividend practices in listed companies: study on the manufacturing sector of Bangladesh. Management of Organizations: Systematic Research, 81(1), 1-19.

[13]. Islam, M. S., & Adnan. A.T.M. (2019). Dividend Policy Trend: A Comprehensive Study on the Listed Industrial Sector of Bangladesh. Accounting Theory and Practice, 19(1), 1-19.

[14]. ISLAM, Mohammad Shahidul, and ADNAN, ATM. (2018). Factors Influencing Dividend Policy in Bangladesh: Survey Evidence from Listed Manufacturing Companies in Dhaka Stock Exchange. European Journal of Business Science and Technology, 4(2): 156–173. (Scopus)

[15]. Adnan, A. T. M. (2018). Home vs. Cross-Border Takeovers: Is There Any Difference in Investor Perception? European Financial and Accounting Journal, 2018(2), 59-84. DOI: 10.18267/j.efaj.210.

[16]. Adnan, ATM, Hossain, A.(2016), Impact of M&A Announcement on Acquiring and Target Firm's Stock Price: An Event Analysis Approach, International Journal of Finance and Accounting, 5(5), 228- 232. doi:10.5923/j.ijfa.20160505.02

[17]. Adnan, ATM, Rakib, A., & Rahman, M. (2015). Export trend of Bangladesh: the dominance of ready-made garment industry. Research Journal of Economics, Business, and ICT,10(1), 25-31.

[18]. Dr. M Saiful Islam, Rakib, A, Adnan, ATM, (2016), Ready-Made Garments Sector of Bangladesh: Its contribution and challenges towards development, Journal of Asian Development Studies, 5 (2), 45- 66.

[19]. Adnan, ATM., Rakib, A. (2016), Challenges of Ready-Made Garments Sector in Bangladesh: Ways to Overcome. BUFT Journal, 3(1), 79-90

[20]. Arif Hasan Khan and ATM Adnan. (2017); DOES THE COMMON ADVISOR CREATE VALUE IN MERGER AND ACQUISITION? Int. J. of Adv. Res. 5 (Jul). 2421-2425.

[21]. Hossain, A., Adnan, ATM. & Reza, M. M. (2016). Macroprudential policy: a tool-kit for enhancing financial stability and resilience in developing the economy. European Journal of Business, Economics, and Accountancy, 4 (7), 18-25. ISSN: 2056-6018

[22]. Islam, M. M., & Adnan, A. T. M. (2016). Improving Ready-Made Garment Productivity by Changing Worker Attitude. European Scientific Journal, 12(4).

[23]. Adnan, A. T. M., Tumpa, A. S., & Khan, M. M. (2020). Is Bangladesh Competent Enough to Confront Future Challenges? An Empirical Analysis of Competitiveness of Bangladesh’s Apparel Sector Compared to Major Competitors. BUFT Journal of Business and Economics, 1(1), 1-30.

[24]. Adnan, A. T. M., & Tandigalla, H. (2017). The dramatic shift in emphasis from a shareholder-dominated approach to a stakeholder-oriented corporate governance model. European Journal of Business and Economics, 12(2). 1-8.