تحلیل کتاب سنجی مقالات حوزه درماندگی مالی: وضعیت فعلی، روندهای در حال ظهور

هدف: با توجه به اثرات هزینه‌های بالای درماندگی مالی، پیش‌بینی آن از همان ابتدا موردتوجه محققان قرار گرفته است. ازاین‌رو، هدف از این پژوهش مرور ادبیات مقالات مربوط به درماندگی در این دو حوزه با استفاده از روش‌شناسی کتاب‌سنجی است. روش پژوهش: روش تحقیق این پژوهش بر اساس یک پروتکل سه مرحله‌ای تنظیم، پایش و تجزیه‌وتحلیل مجموعه داده‌ها انجام شده است. در مرحله اول، مقاله منتشرشده در زمینه درماندگی مالی از پایگاه داده web of science در بازه زمانی سال‌های 1980 تا 2023 جمع‌آوری و سپس در مرحله دوم، اسناد و مقالات پایش و 801 مقاله به‌منظور مرور ادبیات این حوزه انتخاب شد و درنهایت با استفاده از جعبه‌ابزار تحلیل کتاب‌سنجی مقالات موردبررسی قرار گرفت. همچنین به‌منظور تحلیل مقالات این حوزه از نرم‌افزار vosviewer بهره گرفته شده است. یافته‌ها: یافته‌های این پژوهش حاکی از وجود شش جریان اصلی پژوهش (روش‌های پیش‌بینی درمانگی مالی، عوامل پیش‌بینی کننده درماندگی مالی، استراتژی تجدید ساختار، حاکمیت شرکتی، ورشکستگی بانک‌ها و مدیریت سود) در حوزه درماندگی مالی می‌باشد. همچنین نتایج پژوهش علاوه بر اینکه حاکی از اهمیت مسئولیت اجتماعی شرکت است موکد این موضوع نیز هست که با پیشرفت فناوری، استفاده از ابزار هوش مصنوعی جهت افزایش دقت پیش‌بینی افزایش یافته است.

a bibliometric analysis of financial distress research: current status, emerging trends

purpose: the rapid development of technology and extensive environmental changes have accelerated economic growth, and the increasing competition among enterprises has restricted access to profit and increased the probability of enterprises ’ financial distress. due to the effects of high costs of financial distress, its prediction has attracted the attention of researchers since the beginning. therefore, this paper aims at a bibliometric analysis of financial distress research in the accounting, management and economic areas. design/methodology/approach: the research method is based on a three-step protocol of dataset setting, dataset refining, and analyzing the data. first, the published articles in the financial distress field were collected from the web of science database. second, the document information was refined, and 801 articles were chosen for literature review in this area. finally, we used the bibliometric analysis toolbox to investigate the documents. also, bibliometric analysis in this research was conducted using vosviewer software. findings: the findings of this research indicate the existence of six main streams of research (methods of predicting financial distress, predictors of financial distress, restructuring strategy, corporate governance, bank bankruptcy and earnings management) in the field of financial distress. additionally, the results highlight the importance of social responsibility of the company, also demonstrate that improvements in technology, particularly the use of artificial intelligence tools, have enhanced predicting accuracy.   introductionin the life cycle of any company, while there are many opportunities for growth, prosperity, and success, there are also situations where the company may face decline, crisis, and failure. theoretically, it is assumed that business companies operate indefinitely with the aim of making a profit.however, in the modern era of the global economy, companies not only become significantly more established but also face financial distress more frequently than in the past. in other words, due to globalization and the integration of national economies, the incidence of business failures and bankruptcies has risen. financial failure is not an instantaneous event but a dynamic and generally lengthy process that affects the company’s capital structure, investment policies, and performance. therefore, identifying the factors of financial distress enables the prediction of an enterprise’s financial distress.identifying the factors influencing the financial distress of companies, firstly, enables the taking of appropriate actions by providing necessary warnings. secondly, investors can distinguish favorable investment opportunities from unfavorable ones and invest their resources in situations and places where they are less likely to lose money.given the importance and effects of financial distress and the high rate of failure of current businesses, a literature analysis in this area appears necessary. a review of the literature in the field of financial distress uncovers a multitude and variety of topics in past research. thus, it is crucial to conduct a systematic review of past research to understand its intellectual structure. moreover, the keywords used in past research represent the field’s main ideas and topics. therefore, this study is going to draw the intellectual structure of financial distress research through quantitative techniques of co-word analysis, citation, co-citation, bibliometric, and co-authorship analysis. research question(s)this research, employing bibliometric analysis, reviewed the literature on financial distress in the fields of accounting, management, and economics. it also analyzed the content of articles in this field to answer the following questions:rq1. what is the trend of publications in financial distress research?rq2. what is the citation structure in the financial distress research?rq3. what are the fundamental streams of financial distress research?rq4. what are the emerging themes in the financial distress research? methodologythe research method is based on a three-step protocol: dataset setting, dataset refining, and analyzing the data. first, the published articles in the financial distress field were collected from the web of science database. second, the document information was refined, and 801 articles were chosen for literature review in this area. finally, we used the bibliometric analysis toolbox to investigate the documents. additionally, bibliometric analysis in this research was conducted using vosviewer software. resultsour findings indicate an increasing trend in the number of research studies on financial distress literature over the past six years, with approximately 54% of articles published during this period.we also document that in search of distress risk is the most cited paper, receiving 881 citations in the web of science database; altman is identified as the most influential author; and the usa emerges as the most influential country in this research field. this predominance can largely be attributed to the fact that most journals indexed in the web of science in the fields of accounting and finance are associated with the united states. consequently, it is evident that the publication of articles by universities and researchers based in this country is more prevalent than in other countries worldwide. the findings of this research reveal the existence of six main streams of research: methods of predicting financial distress, predictors of financial distress, restructuring strategy, corporate governance, bank bankruptcy, and earnings management in the field of financial distress. additionally, the results of the research not only underscore the importance of a company’s social responsibility but also highlight how technological advancements, particularly the use of artificial intelligence tools, have enhanced the accuracy of financial distress predictions.