Trends in research of responsible investment in the context of sustainable development: bibliometric analysis

• Main Authors: Natalia Bulavinova, Iryna Burdenko, Serhii Lehenchuk, Iryna Tsaruk, Tetiana Ostapchuk
• Format: Article
• Language: English
• Published: Institute of Eastern European Research and Consulting 2021-09-01
• Series: Agricultural and Resource Economics
• Subjects: bibliometric analysis; responsible investment; sustainable development; web of science; vosviewer; clusters
• Online Access: https://are-journal.com/are/article/view/461

Purpose. The purpose of the article is to outline trends and priorities for the study of responsible investment in the context of sustainable development and explore research institutions and publishing activities in this area. Methodology / approach. The study used bibliometric, structural, cluster and graphic analysis, as well as methods for visualizing the publishing activity of scientists on responsible investment according to the Web of Science platform and using VOSviewer software. Results. Based on a study of 1534 articles on the topic of responsible investment, in such areas of analysis as publication categories, dynamics of publications, types of organizations, authors' activity, publishing rating, countries of publication activity, citations of articles, clustering of terms and cited authors, the bibliometric field of this concept was characterized and visualized. The most cited articles which are directed on revealing of tendencies of disclosure and the subsequent monitoring of subjects of VI as bases of sustainable development of economy are investigated. The publishing activity of the authors and the most cited and relevant articles are analyzed. Four thematic clusters in the study of responsible investment (empirical, behavioral, generalizing and supporting) and the most famous institutions, involved in the study of responsible investment, were revealed. Originality / scientific novelty. The main parameters of the bibliometric field of responsible investment were characterized by means of cluster, structural and graphical analysis of the dynamics of individual indicators. For the first time, on the basis of the identified clusters, the affiliation of the research topic to the related “empirical” and “supply” cluster was determined. It was determined that the connection between clusters of responsible investment is manifested in their role as tools and at the same time strategies for the formation of new investment opportunities. Practical value / implications. The obtained results allow substantiating the key approaches to understanding responsible investment and the most priority areas of its research, to determine the sources of its scientific and methodological support on the way to sustainable development.