Corruption in finance research: The state of art and future research agenda

Corruption in finance is a relatively new topic which is gathering researcher’s attention because of the increase in frauds and alike activities in the financial sector. The main aim of this article is to aid researchers to understand the overall trends, shifts and structure of corruption in finance research in one roof. The study uses bibliometric analysis and systematic literature review (SLR) to analyze corruption in finance research. The major findings of this study show that research activities in this domain has been growing substantially and major portion of publications are coming from the United States and United Kingdom. The field consists of five themes of research which are corruption in public finance, corruption in financial markets and financing activities, corruption in corporate governance, corruption in international business and corruption in financial technologies and terrorism. To the best of author’s knowledge this is the first study to synthesize the corruption in finance research using integrated SLR and bibliometric approach. Finally, the study also suggests potential research directions which researchers can explore in the future studies and aid in advancement of the field.