TY - JOUR
T1 - Syndicated loans
T2 - mapping the trends, sources and intellectual evolution
AU - Saharti, Mohammed
AU - Chaudhry, Sajid M.
AU - Ahmad, Nisar
AU - Hussain, Syed Mujahid
N1 - Publisher Copyright:
© The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2024.
PY - 2024/2/1
Y1 - 2024/2/1
N2 - This study conducts a citation-based comprehensive systematic literature review (SLR) of the syndicated loan market by identifying and recognizing the sources of knowledge-producing leading articles, journals and authors in this area. In total, we present a citation analysis of 374 articles from the Scopus database using a comprehensive list of keyword searches. We find that the importance of research using syndicated loan data has increased after the global financial crisis (GFC). It is perhaps due to the reason that the GFC was mainly a credit crisis that sparked the interest of research in this area. We identify the Journal of Financial Economics as the leading journal in terms of citation and the Journal of Banking and Finance in terms of publication count. Victoria Ivashina comes out as the leading author in terms of the citation count and Anthony Saunders in terms of publication count. We also perform a content analysis of the top 100 most cited papers and identify data characteristics, major themes, estimation techniques and empirical approaches. Our SLR provides a macro picture of research on syndicated loan studies. Finally, we provide an overview of the direction for future research.
AB - This study conducts a citation-based comprehensive systematic literature review (SLR) of the syndicated loan market by identifying and recognizing the sources of knowledge-producing leading articles, journals and authors in this area. In total, we present a citation analysis of 374 articles from the Scopus database using a comprehensive list of keyword searches. We find that the importance of research using syndicated loan data has increased after the global financial crisis (GFC). It is perhaps due to the reason that the GFC was mainly a credit crisis that sparked the interest of research in this area. We identify the Journal of Financial Economics as the leading journal in terms of citation and the Journal of Banking and Finance in terms of publication count. Victoria Ivashina comes out as the leading author in terms of the citation count and Anthony Saunders in terms of publication count. We also perform a content analysis of the top 100 most cited papers and identify data characteristics, major themes, estimation techniques and empirical approaches. Our SLR provides a macro picture of research on syndicated loan studies. Finally, we provide an overview of the direction for future research.
KW - Citation analysis
KW - Content analysis
KW - D24
KW - G21
KW - N20
KW - Syndicated loans
KW - Systematic literature review
UR - http://www.scopus.com/inward/record.url?scp=85183685795&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85183685795&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/9e206bc4-4ac9-3348-be95-14b94d475e0f/
U2 - 10.1007/s11156-024-01243-x
DO - 10.1007/s11156-024-01243-x
M3 - Article
AN - SCOPUS:85183685795
SN - 0924-865X
VL - 62
SP - 1569
EP - 1592
JO - Review of Quantitative Finance and Accounting
JF - Review of Quantitative Finance and Accounting
IS - 4
ER -