Prof. Satish Kumar, co-authored paper titled ‘Border disputes, conflicts, war, and financial markets research: A systematic review’ has been published in the Research in International Business and Finance (ABDC-B, ABS-2, IF=6.5). Prof. Dharen Kumar Pandey, Magadh University, Bodh Gaya, India; Brian M. Lucey, Trinity Business School, Trinity College Dublin, Dublin, Ireland, are Prof. Satish Kumar’s co-authors.
Border disputes, conflicts, and war have long existed and have evidenced impacts on financial markets. The study focuses on the need to revisit the extant literature in light of existing contributions and underlying gaps to provide further insights into future research agendas. The authors conducted a bibliometric analysis of 215 articles published in high-quality journals to show the publication and citation trends in the war literature concentrated on financial markets. Concomitantly, while highlighting the most influential articles, contemporary themes, and the intellectual structure of the war literature on financial markets, the authors show the top contributing journals with the most prolific authors and their affiliated countries. Extant literature sheds light on how border disputes, conflicts, and war, while impacting macroeconomic variables, have impacted returns, volatility, and stability of the global financial markets. The researchers provide eight clusters defining the concentration of the available literature and six broader areas directing future research.