LINKAGE EVOLUTION OF CLIMATE CHANGE AND FINANCIAL IMPACT FOR FIRMS: A BIBLIOMETRIC ANALYSIS

Climate change has created major challenges for business and financial management. This study analyzes the evolution and state of the scientific literature regarding the linkage between climate change and financial impact for firms, applying a comprehensive bibliometric perspective. The dataset for the study was obtained from two relevant databases: "Web of Science" and "Scopus". The work looks into the text data by using quantitative methods and describes the growth of publications, main journals, author productivity, the most cited authors, trending topics and thematic maps. The research examines the evolution of scientific publications in different countries of America compared to other continents. Thus, the study explores climate change and its connections with risks and the resilience of firms. Further, it determines, whether events, such as international climate agreements and the recent health crisis had an impact on the amount and type of publications in the research area. Based on our findings we conclude that research publications on the linkage of climate change and its financial impact for firms are concentrated in only a few, mainly developed countries, and that research publications in South America and other regions are still lacking although the financial impact of climate change might be significant in these regions. Consequently, additional research is necessary to better understand the financial impact of climate change.