Analisis Bibliometrik Dari Sewindu Penelitian Tentang Asset Pricing

Abstract

This study aims to present the development of asset pricing models from bibliometric analysis and provide direction for future research. The novelty of this research is the database and time span used. The Scopus database was used to search for research articles on asset pricing from 2016-2023. Out of 8,839 articles, 2,860 were selected for the final bibliometric analysis. Citation analysis, keyword analysis, and author-related analysis were conducted. Based on the results of bibliometric analysis, it is known that the United States is the country that conducts the most research on asset pricing. Keyword analysis was also analyzed to evaluate important areas of research. Financial markets, stock markets, costs, investment, price dynamics, risk assessment, commerce, CAPM, stock returns, asset pricing models, return predictability, risk factors, and profitability are the most frequently used keywords. The year 2021 had the highest number of research articles. The most prominent author in asset pricing research is Zaremba who has the highest citations. The implications of this research still require continuous improvement in order to develop more modern forms of asset pricing models and help identify urgent and heavily researched or controversial research areas or topics in the context of asset pricing. Stakeholders such as investment managers and financial professionals can use this bibliometric research to understand current research trends in asset pricing, which can help improve the quality of investment decisions and strategies.