Skoči na glavni sadržaj

Croatian Economic Survey, Vol. 27 No. 2, 2025.

Pregledni rad

https://doi.org/10.15179/ces.27.2.4

Mapping the Evolution of Financial Statement Analysis: A Comprehensive Bibliometric Review

Bojan Malchev orcid id orcid.org/0000-0002-7657-3564 ; Ss. Cyril and Methodius University in Skopje, Faculty of Economics, Skopje, North Macedonia *
Marina Trpeska ; Ss. Cyril and Methodius University in Skopje, Faculty of Economics, Skopje, North Macedonia
Violeta Cvetkoska ; Ss. Cyril and Methodius University in Skopje, Faculty of Economics, Skopje, North Macedonia

* Dopisni autor.

Puni tekst: engleski pdf 1.074 Kb

str. 107-146

preuzimanja: 165

citiraj

Sažetak

This paper conducts a bibliometric analysis to map the evolution of financial statement analysis (FSA) research from 1937 to 2023, but the first substantial body of literature emerged from the 1970s. Drawing from 7,411 papers in the Scopus database, the paper applied the PRISMA protocol to refine the dataset to 2,364 relevant papers. Using VOSviewer software, the analysis identified seven key thematic clusters: methodological approaches, population studies, educational aspects, predictive models, return on assets, international accounting standards, and sector-specific research. The results show significant growth in FSA publications since the 1990s, driven by technological advancements and major financial events. The United States leads in publication volume and citation impact. Methodological innovations, such as machine learning, panel data analysis, and advanced econometric techniques, emerged as critical to the field’s development. The paper highlights underexplored areas, including the application of advanced analytics in small and medium-sized enterprises (SMEs) and the role of cultural factors in financial reporting. Future research should integrate artificial intelligence (AI), conduct cross-country studies, and focus on sector-specific analyses to address modern financial complexities. These findings provide valuable insights for academics, policymakers, and practitioners, promoting enhanced financial analysis methodologies and regulatory practices.

Ključne riječi

financial statement analysis; bibliometric analysis; PRISMA protocol; VOSviewer; methodological approaches

Hrčak ID:

343930

URI

https://hrcak.srce.hr/343930

Datum izdavanja:

30.1.2026.

Posjeta: 407 *