Artha: Journal of Business and Finance

Systemic literature review and bibliometric analysis identifying emergingpatterns in Financial Literacy and Behavioural Bias using Scopus Database2010-2026

Ayush Kumar Sharma

NIIT University, Neemrana Rajasthan

Neeti Mathur

Sir Padampat Singhania University

Manish Dadhich

Kamal Kant Hiran

Sir Padampat Singhania University, Udaipur

Keywords: Financial Literacy, Tax Literacy, Scopus Dataset, Bibliometric analysis, SDG 4, SDG 8, Investment decision

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Abstract

Purpose: The study aims to explore the research trajectory inthe field of financial literacy (Fin Lit), Tax literacy (Tax Lit)and behavioural biases through the lens of bibliometric analysisbased on Scopus indexed publication between 2010-2026. Thestudy seeks to underearth the publication trends, impactful au-thors, most followed journals and dominant thematic bundleshaping the literature around said knowledge. In addition, thestudy aims to explore the emerging research theme and collab-oration network among scholars, institutes and countries.Design/Methodology/Approach: Bibliometric analysis hasbeen used to explore the literature pattern. The study comprises2430 articles published and extracted from Scopus dataset fromJanuary 2010 to 8th March 2026. The extracted data then hasbeen processed via analytical software packages such asVOSviewer, biblioshiny for conducting performance analysisand science mapping concentrating on publication, citation pat-terns, authors, institutions involved, and keyword co-occur-rence networks.Novelty: In contrast to prior studies, this review presents morerigorous and systematic visuals with statistical values for schol-arly progress in the field of Fin Lit, Tax Lit and behaviouralbiases. Further depth to collaboration analysis with structureand thematic focus can be noticed.Finding: The findings point out a consistent fall in the interestof scholars in behavioural finance during last two decades andevolution of new areas or dimensions of research among globalresearchers. Keyword analysis indicates the shift of paradigmFinancial Literacy, digital Financial Literacy, bias, financialdecision and portfolio choice. The review indicates increasedmulti-dimensionality of Fin Lit and identified areas of under-emphasized regions and emerging economics. The study willhelp to guide future areas of research.Limitation: The study is limited to bibliometric data collectedfrom Scopus database which may have ignored significant pa-pers indexed in other academic repositories. The results are alsosensitive to Boolean used while sorting paper on covered data-base and citation-based indicators do not necessarily reflect re-search quality, as it may be influenced by self-citation, discipli-nary citation norms and time biases. Future research may in-clude results from multiple-data base for wider scope and cov-erage

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Author Biographies

Ayush Kumar Sharma, NIIT University, Neemrana Rajasthan

Ayush Kumar Sharma is an Assistant Professor in Management (Finance) at NIIT University. He holds a B.Com. (Hons.) from St. Xavier’s College, Kolkata, an M.Com. in Accounting and Finance from the University of Calcutta, and an MBA in Finance from Suresh Gyan Vihar University. He is currently pursuing a Ph.D. in Management (Finance) at Sir Padampat Singhania University, Udaipur. Having completed CA-Inter along with articleship and professional training, his academic and research interests include taxation, financial literacy, behavioural finance, digital skills, and FinTech. He has published research articles in reputed national and international journals and actively contributes to student mentoring and academic development.

Neeti Mathur, Sir Padampat Singhania University

Neeti Mathur is a faculty member in the De- partment of Management Studies at Sir Padam- pat Singhania University (SPSU). She holds an MBA in Finance, a Ph.D. in Accounting with research on microfinance and self-help groups, and professional qualifications including Company Secretary (CS), Certified Management Accountant (CMA), NET-JRF in Management, and CA Inter. With over 17 years of teaching and research experience, her areas of expertise include finance, ac- counting, banking, taxation, and corporate governance. She has published more than 35 research papers in reputed national and international journals and actively contributes as a reviewer for academic journals and conferences.

Manish Dadhich

Manish Dadhich is an Associate Professor at the Faculty of Management, Sir Padampat Singha- nia University, Udaipur. He holds a Ph.D. in Commerce along with qualifications including MBA, M.Com., UGC-NET (Commerce and Management), and RPSC-SET (Management). With over 16 years of experience in academia, industry, and research, his ar- eas of expertise include Finance, Banking, FinTech, Economet- rics, and Statistics. He has published more than 80 research pa- pers in reputed indexed journals and presented over 60 papers at national and international conferences. He serves as a re- viewer and editorial board member for leading journals and conferences and actively supervises doctoral research

Kamal Kant Hiran, Sir Padampat Singhania University, Udaipur

Kamal Kant Hiran is an academician, re- searcher, and administrator with over 18 years of international experience across Asia, Af- rica, Europe, and North America. He has au- thored and edited 21 books published by re- nowned international publishers, including Wiley, De Gruyter, IGI Global, and BPB Publications. His re- search interests encompass Artificial Intelligence, Cloud-Edge Computing, Machine and Deep Learning, and Intelligent IoT. He has published over 75 research papers in SCI, Scopus, Web of Science, and IEEE-indexed journals and conferences and holds several patents. He has received numerous national and international awards and recognitions for his contributions to research, innovation, and professional activities.

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