Trends And Patterns In Bankruptcy Prediction: A Scopus-Based Bibliometric Review

Abstract

The study comprehensively examines and presents an overview of the literature on bankruptcy prediction. The systematic literature review clarifies the structure, evolution, and conceptual content of bankruptcy prediction. Also, the bibliometric analysis explains the research trend by investigating the geographical distribution, relevancy of sources, co-citation analysis, co-occurrence analysis and address the relationship between the authors (co-authorship). The study presents an in-depth analysis of past literature by implementing a systematic literature Review and Bibliometric analysis using Scopus database for the period 1969 to 2023. The findings present a steep rise in the number of articles published from 2008 to 2022 accounting for more than 80% of the total analysed articles. Further, the results reveal that the United States has come out to be the leading country when compared with others in terms of publications, citations, and link strength. The study’s findings add value to the existing research and largely benefit the researchers exploring the field by guiding them to build a firm base to correctly identify the emerging trend in bankruptcy prediction.