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A Study of Financial Literacy of Investors—A Bibliometric Analysis

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  • Yasmeen Ansari

    (Department of Finance, College of Administrative and Financial Sciences, Saudi Electronic University, Riyadh 13316, Saudi Arabia)

  • Mansour Saleh Albarrak

    (Department of Finance, College of Administrative and Financial Sciences, Saudi Electronic University, Riyadh 13316, Saudi Arabia)

  • Noorjahan Sherfudeen

    (Department of Finance, College of Administrative and Financial Sciences, Saudi Electronic University, Riyadh 13316, Saudi Arabia)

  • Arfia Aman

    (Department of Finance, College of Administrative and Financial Sciences, Saudi Electronic University, Riyadh 13316, Saudi Arabia)

Abstract

The present study investigates a conceptual research framework on financial literacy in various investment planning and decision-making stages. The study comprises a review of 2182 articles published in peer-reviewed journals from 2001 to 2022 (January). The study employed bibliometric techniques such as citation network analysis, co-citation analysis, content analysis, publication trends, and keyword analysis to analyze the literature on financial literacy. The study aims to add to the literature on financial literacy by proposing ten clusters to improve research on financial literacy in order to help investors learn better. Financial literacy has evolved from a fledgling discipline to a significant teaching and research tool. Therefore, it is vital to investigate and identify current research trends in this field. The results are essential to the financial community, given that institutions and society are increasingly emphasizing financial literacy to strengthen individual citizens’ responsibilities in designing their investment strategies.

Suggested Citation

  • Yasmeen Ansari & Mansour Saleh Albarrak & Noorjahan Sherfudeen & Arfia Aman, 2022. "A Study of Financial Literacy of Investors—A Bibliometric Analysis," IJFS, MDPI, vol. 10(2), pages 1-16, May.
    • Handle: RePEc:gam:jijfss:v:10:y:2022:i:2:p:36-:d:816456
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    Cited by:

    1. Ansari, Yasmeen & Albarrak, Mansour Saleh & Sherfudeen, Noorjahan & Aman, Arfia, 2023. "Examining the relationship between financial literacy and demographic factors and the overconfidence of Saudi investors," Finance Research Letters, Elsevier, vol. 52(C).
    2. Shakira MUKHTAR & Anisa JAN, 2023. "Decoding financial literacy's mediating role: analyzing the influence of biopsychosocial indicators on financial satisfaction and risk tolerance among millennial investors," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(4(637), W), pages 219-242, Winter.

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