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Meaningful Review of Existing Trends, Expansion, and Future Directions of Green Bond Research: A Bibliometric Approach

Author

Listed:
  • Riaz Tabassum

    (1 School of Business and Economics, University Putra Malaysia, Serdang, Malaysia University of the Punjab Jhelum Campus, Pakistan)

  • Selama Aslam Izah

    (2 School of Business and Economics, University Putra Malaysia, Serdang, Malaysia)

  • Nor Normaziah Mohd

    (3 School of Business and Economics, University Putra Malaysia, Serdang, Malaysia)

  • Hassan Ahmad Fahmi Sheikh

    (4 School of Business and Economics, University Putra Malaysia, Serdang, Malaysia)

Abstract

Green bonds serve as an imperative financial tool for mitigating climate change risk and environmental sustainability. It has received significant attention in the current literature, with increased worldwide efforts to fight against global climate change. Yet, the direction of green bonds' literature is currently unclear. Therefore, this paper aims to deliver a comprehensive vision of the literary landscape of green bond research, in consideration of policymakers, major market players, and investors. To achieve this, bibliometric analysis is performed on 342 filtered articles found in the Scopus database, through VOSviewer and Biblioshiny package. A detailed and descriptive evaluation of scholarly data demonstrates the significance of green bonds in accomplishing the objective of sustainable finance and mitigation of climate change. This study broadens our understanding of the literature and conceptual growth of scholarly discussion of green bonds, which gives insight into developing a strong conceptual foundation and future directions for research.

Suggested Citation

  • Riaz Tabassum & Selama Aslam Izah & Nor Normaziah Mohd & Hassan Ahmad Fahmi Sheikh, 2024. "Meaningful Review of Existing Trends, Expansion, and Future Directions of Green Bond Research: A Bibliometric Approach," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 34(1), pages 1-36, March.
    • Handle: RePEc:vrs:suvges:v:34:y:2024:i:1:p:1-36:n:5
    DOI: 10.2478/sues-2024-0001
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    References listed on IDEAS

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    More about this item

    Keywords

    Green bonds; climate change; Bibliometric analysis; conceptual structure; Mapping analysis; Sustainable financing;
    All these keywords.

    JEL classification:

    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • G41 - Financial Economics - - Behavioral Finance - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making in Financial Markets
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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