TRANSACTION COST ACCOUNTING: BIBLIOMETRIC ANALYSIS AND PROSPECTS OF SCIENTIFIC RESEARCH
Abstract
Today, transaction costs are of great scientific interest among accounting scientists. Despite the rather broad coverage of problematic issues of transaction cost accounting, it is worth noting that we did not find any comprehensive studies using bibliometric analysis. The aim of the article is to determine the trends in the development of scientific research on transaction cost accounting using bibliometric analysis. The study was carried out on the basis of data from the Scopus scientometric database using R-Studio and VOSviwer software. Publications for the period from 1994 to 2024 were selected for analysis. The results of the analysis showed an increase in the total number of publications, which emphasizes the increased attention of the academic community to the topic of transaction cost accounting. As a result, the most used keywords were identified and the relationships between them were presented. Based on the analysis of keywords, four clusters on the topic of transaction cost accounting were identified. The existing clusters of scientific research were characterized and the prospects for the development of further research on the topic of transaction cost accounting were assessed. According to the results of the study, it was possible to assess the interest of scientists in the issue of accounting for transaction costs and the following conclusions can be drawn: firstly, the topic of accounting for transaction costs is relevant in modern world-class research; secondly, this area of work by Ukrainian scientists is currently poorly represented in international scientific databases; thirdly, the analysis of publication activity using specialized programs R-Studio and VOSviwer allowed us to make certain generalizations of large research arrays, expand the possibilities for their evaluation and further research work in this thematic field. Thus, the obtained efficiency results will help scientists and practitioners better understand the problematic issues of accounting for transaction costs and will become the basis for further research.
References
Dubinina M., Potryvaieva N., Vyshnevska O., Usykova O., Kuzoma V. Institutional aspects of transactional spending accounting demonstration in agricultural organisations. Scientific Horizons, 2023, 26(2), pp. 124-134. DOI: https://doi.org/10.48077/scihor.26(2).2023.124-134
Ferreira M.P., Pinto C.F., Serra F.R. The transaction costs theory in international business research: a bibliometric study over three decades. Scientometrics, 2014, 98, pp. 1899-1922. DOI: https://doi.org/10.1007/s11192-013-1172-8
Holten D. H. R., Wijk van J. J. Force-directed edge bundling for graph visualization. Computer Graphics Forum, 2009, 28(3), pp. 983-990. DOI: https://doi.org/10.1111/j.1467-8659.2009.01450.x
Martins R., Serra F.R., Leite A. da S., Ferreira M. P., Li D. Transactions Cost Theory influence in strategy research: A review through a bibliometric study in leading journals, 2010, Working Papers 61. https://globadvantage.ipleiria.pt/files/2010/03/working_paper-61_globadvantage.pdf
Meirelles F. S., Giraldi J. M. E., Campos R. P. Transaction costs economics and geographical indications: a systematic analysis of the literature. Revista de Economia e Sociologia Rural, 2023, 61(4), e264494. DOI: https://doi.org/10.1590/1806-9479.2022.264494
Mukoviz V., Leshchii L., Khodakivska O., Prokopova O., Kuzub M. Accounting for transactions costs of agricultural producers in the shadow economy. Agricultural and Resource Economics: International Scientific E-Journal, 2022, 8(2), pp. 67–85. DOI: https://doi.org/10.51599/are.2022.08.02.04
Shahab S. Transaction Costs in Planning Literature: A Systematic Review. Journal of Planning Literature, 2022, 37(3), pp. 403-414. DOI: https://doi.org/10.1177/08854122211062085
Zainudin F. K., Mustapa F. D., Minsan S. H. Transaction Cost Economics for Housing Development: Systematic Literature Review. International Journal of Innovation and Industrial Revolution, 2022, 4(12), pp. 16-23. URL: https://gaexcellence.com/ijirev/article/view/3979/3646 (дата звернення: 09.12.2024)
Гик В. В., Дефір А. В. Розвиток обліку в кластерних структурах на основі положень теорії трансакційних витрат і контрактної теорії. Проблеми економіки, 2024, 1(59), С. 138-145. DOI: https://doi.org/10.32983/2222-0712-2024-1-138-145
Гик В.В. Передумови формування обліково-інформаційного забезпечення управління кластером. Проблеми теорії та методології бухгалтерського обліку, контролю і аналізу, 2018, 2(40), C. 7–11. DOI: https://doi.org/10.26642/pbo-2018-2(40)-7-11
Dubinina M., Potryvaieva N., Vyshnevska O., Usykova O., Kuzoma V. (2023). Institutional aspects of transactional spending accounting demonstration in agricultural organisations. Scientific Horizons, 26(2), pp. 124-134. DOI: https://doi.org/10.48077/scihor.26(2).2023.124-134
Ferreira M.P., Pinto C.F., Serra F.R. (2014). The transaction costs theory in international business research: a bibliometric study over three decades. Scientometrics, 98, pp. 1899-1922. DOI: https://doi.org/10.1007/s11192-013-1172-8
Holten D. H. R., Wijk van J. J. (2009). Force-directed edge bundling for graph visualization. Computer Graphics Forum, 28(3), pp. 983-990. DOI: https://doi.org/10.1111/j.1467-8659.2009.01450.x
Martins R., Serra F.R., Leite A. da S., Ferreira M. P., Li D. (2010). Transactions Cost Theory influence in strategy research: A review through a bibliometric study in leading journals, Working Papers 61. https://globadvantage.ipleiria.pt/files/2010/03/working_paper-61_globadvantage.pdf
Meirelles F. S., Giraldi J. M. E., Campos R. P. (2023). Transaction costs economics and geographical indications: a systematic analysis of the literature. Revista de Economia e Sociologia Rural, 61(4), e264494. DOI: https://doi.org/10.1590/1806-9479.2022.264494
Mukoviz V., Leshchii L., Khodakivska O., Prokopova O., Kuzub M. (2022). Accounting for transactions costs of agricultural producers in the shadow economy. Agricultural and Resource Economics: International Scientific E-Journal, 8(2), pp. 67–85. DOI: https://doi.org/10.51599/are.2022.08.02.04
Shahab S. (2022). Transaction Costs in Planning Literature: A Systematic Review. Journal of Planning Literature, 37(3), pp. 403-414. DOI: https://doi.org/10.1177/08854122211062085
Zainudin F. K., Mustapa F. D., Minsan S. H. (2022). Transaction Cost Economics for Housing Development: Systematic Literature Review. International Journal of Innovation and Industrial Revolution, 4(12), pp. 16-23. Available at: https://gaexcellence.com/ijirev/article/view/3979/3646 (accessed December 09, 2024)
Hyk V. V., Defir A. V. (2024). Rozvytok obliku v klasternykh strukturakh na osnovi polozhen teorii transaktsiinykh vytrat i kontraktnoi teorii [Development of accounting in cluster structures based on the provisions of the theory of transaction costs and contract theory]. Problems of economics, 1(59), pp. 138-145. DOI: https://doi.org/10.32983/2222-0712-2024-1-138-145
Hyk V.V. (2018). Peredumovy formuvannia oblikovo-informatsiinoho zabezpechennia upravlinnia klasterom [Prerequisites for the formation of accounting and information support for cluster management]. Problems of theory and methodology of accounting, control and analysis, 2(40), C. 7–11. DOI: https://doi.org/10.26642/pbo-2018-2(40)-7-11
This work is licensed under a Creative Commons Attribution 4.0 International License.
