How Does Finance Drive International Business Evolution? A Bibliometric Network View

This study maps the evolving landscape at the intersection of finance and international business through a bibliometric lens, aiming to identify trends, clusters, and intellectual structures over the past decade. Employing VOSviewer and Biblioshiny, data from 6,897 Scopus-indexed documents spanning 2011 to 2023 were analyzed to visualize networks of co-citations, keywords, and authorship. Key findings reveal a marked surge in scholarly output since 2019, peaking at 917 articles in 2023, driven by global disruptions and a thematic pivot toward sustainability. Foreign direct investment and international trade dominate as core themes, yet recent shifts emphasize green finance and environmental, social, and governance standards, reflecting adaptive responses to economic uncertainties. Discussions highlight how established growth models now incorporate systemic risks and digital innovations, bridging macro-financial dynamics with firm-level strategies. In conclusion, the fields demonstrate resilient integration, where financial capabilities enhance multinational adaptability amid sustainability demands. Implications include guiding practitioners in strategic planning and policymakers in fostering inclusive growth, while underscoring the need for ongoing mappings to track emerging paradigms. This analysis contributes a comprehensive visual overview, filling gaps in systematic literature syntheses and supporting evidence-based decisions in global economic contexts.