Bibliometric analysis of the literature on evaluation models of the bankruptcy risk

Abstract

Background: To manage an enterprise effectively, it is necessary to analyze and diagnose its financial condition, an activity that can warn management of dangerous business situations. Topics such as assessing financial position, performance, and risk, especially after situations that involve an economic and financial crisis in the company have been widely discussed in scientific literature. Purpose: The purpose of the research is to highlight the main research trends regarding bankruptcy risk assessment models. Study design/methodology/approach: The research strategy is based on two main directions: the first involves the selection of research papers with topics on Conan & Holder and Taffler models published on WoS between 2007 and 2021 and those published on SCOPUS between 2006 and 2021. The second direction aims to select the relevant papers and perform a content analysis of financial-accounting information of Conan & Holder and Taffler models. Findings/conclusions: The results obtained were concretized in the design of a bibliometric analysis of bankruptcy risk assessment models, which provides an overview of the new research trends regarding bankruptcy risk assessment models. Thus, it was found that most of the studies focus on the analysis of the efficiency of the bankruptcy risk assessment methods and the identification of new options that allow predictability of the risk. Limitations/future research: Our study limitations are mainly due to the bibliometric algorithm, in the sense that only papers indexed in WoS and Scopus can be imported, processed, and interpreted, which excludes parts of the existing literature on this topic and omits the analysis of some pertinent contributions to our research area. This research can be used as a cornerstone for new research directions, both quantitative and qualitative, on the mechanism of application of bankruptcy risk prevention methods.

Early Insolvency Prediction as a Key for Sustainable Business Growth

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Evaluating the nexus of HRM and sustainability in green supply chains: A comprehensive literature review

“…Surely there are many more databases with similar eligibilities, but it is requisite to put a limit. So, these two databases are considered most suitable ones for this research in today's conditions (Urío, Redondo & Gavilan, 2022;Grosu, Chelba, Melega, Botez & Socoliuc, 2023).…”

Análisis combinado de factores del fracaso empresarial en el sector turístico español

“…De ahí que trabajos recientes en esta materia se centren en la combinación de diferentes metodologías, con el objetivo de intentar obtener resultados más concluyentes (Barboza et al, 2017;du Jardin, 2015;Noguera Venero, 2023). Asimismo, numerosos autores han llevado a cabo revisiones bibliométricas para comparar y evaluar los diferentes métodos de predicción de quiebra empresarial (Grosu et al, 2023;Kessioui et al, 2023;Pereira et al, 2010), así como para detectar las limitaciones de los diferentes modelos (Laitinen et al, 2023).…”