IDEAS home Printed from https://ideas.repec.org/a/gam/jmathe/v9y2021i13p1537-d586526.html
   My bibliography  Save this article

Finance for the Environment: A Scientometrics Analysis of Green Finance

Author

Listed:
  • Rui Cai

    (School of Business, Central University of Finance and Economics, Beijing 100081, China)

  • Jianluan Guo

    (School of Business, Central University of Finance and Economics, Beijing 100081, China)

Abstract

To protect environmental sustainability, organizations are moving their focus towards greening the business process. Similarly to any other business function, financial management has also turned to environmentally friendly activities. Green finance is a new financial pattern that integrates environmental protection and economic profits. This paper analyses the publications on green finance, and their intellectual structure and networking. The bibliometric data on green finance research have been extracted from the Scopus database. This study finds the most productive countries, universities, authors, journals, and most prolific publications in green finance, through examining the published works. Also, the study visualizes the intellectual network by mapping bibliographic coupling (BC) and co-citation. The study’s essential contribution is the analysis of green finance developments and trajectories that can help scholars and practitioners to appreciate the trend and future studies.

Suggested Citation

  • Rui Cai & Jianluan Guo, 2021. "Finance for the Environment: A Scientometrics Analysis of Green Finance," Mathematics, MDPI, vol. 9(13), pages 1-15, July.
  • Handle: RePEc:gam:jmathe:v:9:y:2021:i:13:p:1537-:d:586526
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2227-7390/9/13/1537/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2227-7390/9/13/1537/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Elisa Baraibar-Diez & Manuel Luna & María D. Odriozola & Ignacio Llorente, 2020. "Mapping Social Impact: A Bibliometric Analysis," Sustainability, MDPI, vol. 12(22), pages 1-20, November.
    2. Laengle, Sigifredo & Merigó, José M. & Miranda, Jaime & Słowiński, Roman & Bomze, Immanuel & Borgonovo, Emanuele & Dyson, Robert G. & Oliveira, José Fernando & Teunter, Ruud, 2017. "Forty years of the European Journal of Operational Research: A bibliometric overview," European Journal of Operational Research, Elsevier, vol. 262(3), pages 803-816.
    3. Muhammad Farrukh & Fanchen Meng & Yihua Wu & Kalsoom Nawaz, 2020. "Twenty‐eight years of business strategy and the environment research: A bibliometric analysis," Business Strategy and the Environment, Wiley Blackwell, vol. 29(6), pages 2572-2582, September.
    4. Henry Small, 1973. "Co‐citation in the scientific literature: A new measure of the relationship between two documents," Journal of the American Society for Information Science, Association for Information Science & Technology, vol. 24(4), pages 265-269, July.
    5. Claudio A. Bonilla & José M. Merigó & Carolina Torres-Abad, 2015. "Economics in Latin America: a bibliometric analysis," Scientometrics, Springer;Akadémiai Kiadó, vol. 105(2), pages 1239-1252, November.
    6. Ali Raza & Muhammad Farrukh & Muhammad Khalid Iqbal & Muhammad Farhan & Yihua Wu, 2021. "Corporate social responsibility and employees' voluntary pro‐environmental behavior: The role of organizational pride and employee engagement," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(3), pages 1104-1116, May.
    7. Cobo, M.J. & López-Herrera, A.G. & Herrera-Viedma, E. & Herrera, F., 2011. "An approach for detecting, quantifying, and visualizing the evolution of a research field: A practical application to the Fuzzy Sets Theory field," Journal of Informetrics, Elsevier, vol. 5(1), pages 146-166.
    8. Fernando J. Garrigos-Simon & M. Dolores Botella-Carrubi & Tomas F. Gonzalez-Cruz, 2018. "Social Capital, Human Capital, and Sustainability: A Bibliometric and Visualization Analysis," Sustainability, MDPI, vol. 10(12), pages 1-19, December.
    9. Linda Bergset, 2015. "The Rationality and Irrationality of Financing Green Start-Ups," Administrative Sciences, MDPI, vol. 5(4), pages 1-26, November.
    10. Nees Jan Eck & Ludo Waltman, 2010. "Software survey: VOSviewer, a computer program for bibliometric mapping," Scientometrics, Springer;Akadémiai Kiadó, vol. 84(2), pages 523-538, August.
    11. Yihua Wu & Muhammad Farrukh & Ali Raza & Fanchen Meng & Imtiaz Alam, 2021. "Framing the evolution of the corporate social responsibility and environmental management journal," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(4), pages 1397-1411, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Qadri, Hussain Mohi ud Din & Ali, Hassnian & Abideen, Zain ul & Jafar, Ahmad, 2024. "Mapping the Evolution of Green Finance Research and Development in Emerging Green Economies," Resources Policy, Elsevier, vol. 91(C).
    2. Li, Yurog & Cong, Zhenglong & Xie, Yufan & Wang, Yan & Wang, Hongmei, 2022. "The relationship between green finance, economic factors, geopolitical risk and natural resources commodity prices: Evidence from five most natural resources holding countries," Resources Policy, Elsevier, vol. 78(C).
    3. Saxena Ashish & Tiwari Sadhana & Bhardwaj Shashank & Srivastava Shweta & Kumar Nitendra, 2023. "A Bibliometric Review of Green Finance: Current Status, Development and Future Directions," Folia Oeconomica Stetinensia, Sciendo, vol. 23(2), pages 331-351, December.
    4. Amedeo Argentiero & Giovanni Bonaccolto & Giulio Pedrini, 2024. "Green finance: Evidence from large portfolios and networks during financial crises and recessions," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(3), pages 2474-2495, May.
    5. Ren, Yi-Shuai & Ma, Chao-Qun & Chen, Xun-Qi & Lei, Yu-Tian & Wang, Yi-Ran, 2023. "Sustainable finance and blockchain: A systematic review and research agenda," Research in International Business and Finance, Elsevier, vol. 64(C).
    6. Shaolong Zeng & Qinyi Fu & Fazli Haleem & Yang Shen & Jiedong Zhang, 2023. "Carbon-Reduction, Green Finance, and High-Quality Economic Development: A Case of China," Sustainability, MDPI, vol. 15(18), pages 1-22, September.
    7. Nada Amer Abdulhafedh Al-Kubati & Zulkefly Abdul Karim & Norlin Khalid & M. Kabir Hassan, 2022. "The Impact of Sub-Sector of Economic Activity and Financial Development on Environmental Degradation: New Evidence Using Dynamic Heterogeneous Panel," Mathematics, MDPI, vol. 10(23), pages 1-23, November.
    8. Yu Sun & Huaping Sun & Zhiqiang Ma & Mingxing Li & Dan Wang, 2022. "An Empirical Test of Low-Carbon and Sustainable Financing’s Spatial Spillover Effect," Energies, MDPI, vol. 15(3), pages 1-13, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gaviria-Marin, Magaly & Merigó, José M. & Baier-Fuentes, Hugo, 2019. "Knowledge management: A global examination based on bibliometric analysis," Technological Forecasting and Social Change, Elsevier, vol. 140(C), pages 194-220.
    2. Gricelda Herrera-Franco & Néstor Montalván-Burbano & Carlos Mora-Frank & Lady Bravo-Montero, 2021. "Scientific Research in Ecuador: A Bibliometric Analysis," Publications, MDPI, vol. 9(4), pages 1-34, December.
    3. Sigifredo Laengle & Nikunja Mohan Modak & Jose M. Merigo & Gustavo Zurita, 2018. "Twenty-Five Years of Group Decision and Negotiation: A Bibliometric Overview," Group Decision and Negotiation, Springer, vol. 27(4), pages 505-542, August.
    4. José M. Merigó & Claudio Muller & Nikunja Mohan Modak & Sigifredo Laengle, 2019. "Research in Production and Operations Management: A University-Based Bibliometric Analysis," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 20(1), pages 1-29, March.
    5. Yao, Ye & Du, Huibin & Zou, Hongyang & Zhou, Peng & Antunes, Carlos Henggeler & Neumann, Anne & Yeh, Sonia, 2023. "Fifty years of Energy Policy: A bibliometric overview," Energy Policy, Elsevier, vol. 183(C).
    6. Hugo Baier-Fuentes & José M. Merigó & José Ernesto Amorós & Magaly Gaviria-Marín, 2019. "International entrepreneurship: a bibliometric overview," International Entrepreneurship and Management Journal, Springer, vol. 15(2), pages 385-429, June.
    7. Shashi & Piera Centobelli & Roberto Cerchione & Amit Mittal, 2021. "Managing sustainability in luxury industry to pursue circular economy strategies," Business Strategy and the Environment, Wiley Blackwell, vol. 30(1), pages 432-462, January.
    8. Ayman Abdalmajeed Alsmadi & Manaf Al-Okaily & Najed Alrawashdeh & Anwar Al-Gasaymeh & Amer Moh’d Al-hazimeh & Abdulrasheed Zakari, 2023. "A Bibliometric Analysis of Green Bonds and Sustainable Green Energy: Evidence from the Last Fifteen Years (2007–2022)," Sustainability, MDPI, vol. 15(7), pages 1-16, March.
    9. Alicia Mas-Tur & Nikunja Mohan Modak & José M. Merigó & Norat Roig-Tierno & Massimiliano Geraci & Vittorio Capecchi, 2019. "Half a century of Quality & Quantity: a bibliometric review," Quality & Quantity: International Journal of Methodology, Springer, vol. 53(2), pages 981-1020, March.
    10. Modak, Nikunja M. & Merigó, José M. & Weber, Richard & Manzor, Felipe & Ortúzar, Juan de Dios, 2019. "Fifty years of Transportation Research journals: A bibliometric overview," Transportation Research Part A: Policy and Practice, Elsevier, vol. 120(C), pages 188-223.
    11. Ying Huang & Wolfgang Glänzel & Lin Zhang, 2021. "Tracing the development of mapping knowledge domains," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(7), pages 6201-6224, July.
    12. Dejian Yu & Sun Meng, 2018. "An overview of biomass energy research with bibliometric indicators," Energy & Environment, , vol. 29(4), pages 576-590, June.
    13. Duong, Quang Huy & Zhou, Li & Meng, Meng & Nguyen, Truong Van & Ieromonachou, Petros & Nguyen, Duy Tiep, 2022. "Understanding product returns: A systematic literature review using machine learning and bibliometric analysis," International Journal of Production Economics, Elsevier, vol. 243(C).
    14. Haitham Nobanee & Fatima Youssef Al Hamadi & Fatma Ali Abdulaziz & Lina Subhi Abukarsh & Aysha Falah Alqahtani & Shayma Khalifa AlSubaey & Sara Mohamed Alqahtani & Hamama Abdulla Almansoori, 2021. "A Bibliometric Analysis of Sustainability and Risk Management," Sustainability, MDPI, vol. 13(6), pages 1-16, March.
    15. Astrid Kainzbauer & Parisa Rungruang & Philip Hallinger, 2021. "How Does Research on Sustainable Human Resource Management Contribute to Corporate Sustainability: A Document Co-Citation Analysis, 1982–2021," Sustainability, MDPI, vol. 13(21), pages 1-21, October.
    16. Batista-Canino, Rosa M. & Santana-Hernández, Lidia & Medina-Brito, Pino, 2024. "A holistic literature review on entrepreneurial Intention: A scientometric approach," Journal of Business Research, Elsevier, vol. 174(C).
    17. Homero Rodríguez-Insuasti & Néstor Montalván-Burbano & Otto Suárez-Rodríguez & Marcela Yonfá-Medranda & Katherine Parrales-Guerrero, 2022. "Creative Economy: A Worldwide Research in Business, Management and Accounting," Sustainability, MDPI, vol. 14(23), pages 1-27, November.
    18. Xiaomei Luo & Yuduo Wu & Lina Niu & Lucheng Huang, 2022. "Bibliometric Analysis of Health Technology Research: 1990~2020," IJERPH, MDPI, vol. 19(15), pages 1-17, July.
    19. Sigifredo Laengle & José M. Merigó & Nikunja Mohan Modak & Jian-Bo Yang, 2020. "Bibliometrics in operations research and management science: a university analysis," Annals of Operations Research, Springer, vol. 294(1), pages 769-813, November.
    20. Liyan Huang & Hong Ching Goh & Rosli Said, 2023. "Understanding the social integration process of rural–urban migrants in urban china: a bibliometrics review," Journal of Population Research, Springer, vol. 40(4), pages 1-34, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jmathe:v:9:y:2021:i:13:p:1537-:d:586526. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.