Bibliometric Analysis of Fair Value Accounting: Trends, Influences, and Research Gaps
DOI:
https://doi.org/10.1229/tecempresarialjournal.v20i2.593Keywords:
Accounting Standards, Bibliometric Analysis, Fair Value Accounting, Transparency, Value Relevance.Abstract
The significance of value relevance in fair value accounting has prompted a considerable body of research, given its pivotal role in investment decision-making and market efficiency. Although an extensive body of literature has addressed this accounting construct, the underlying research motivations and empirical findings exhibit considerable variation. In response, this study conducts a bibliometric investigation of the value relevance literature to identify dominant research trajectories and thematic developments within the field. A total of 274 articles and review papers related to value relevance, published between 1996 and 2024, were systematically retrieved from the Scopus database. The analytical framework integrates RStudio for citation analysis, VOSviewer for network mapping, and Microsoft Excel for content evaluation. Additionally, a structured review of recent scholarly contributions is incorporated to enrich and contextualize the bibliometric insights. The results of this study indicate that the leading researchers in value relevance literature are predominantly from the United States, with a significant focus on the disclosure and transparency of accounting information. The analysis identified five primary research themes: (1) Accounting, (2) Disclosure, (3) Accounting standards, (4) Emerging markets, and (5) Fair value hierarchy. This research presents an in-depth bibliometric analysis of the value relevance literature, aiming to bridge existing gaps in scholarly discourse and outline prospective avenues for future inquiry, particularly beneficial for emerging scholars in the fields of accounting and finance.
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