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Journal : Journal of Information Systems and Informatics

Bibliometrics Analysis of Bankruptcy Prediction Trends in MSMEs: Global Insights from (2020–2025) Supriyono, Supriyono; Purwanto, Purwanto; Sugiharto, Aris
Journal of Information System and Informatics Vol 8 No 1 (2026): February
Publisher : Asosiasi Doktor Sistem Informasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.63158/journalisi.v8i1.1378

Abstract

The purpose of this study is to map the development of research on bankruptcy prediction in Micro, Small, and Medium Enterprises (MSMEs) during 2020–2025 and to identify major scientific trends, influential authors, and dominant methodological approaches. Using a bibliometric method, data were collected from the Scopus database, producing 144 initial documents that were filtered into 23 final publications based on relevance and open-access availability. Performance analysis and science mapping were carried out using VOSviewer through co-authorship, co-citation, and keyword co-occurrence networks. The findings reveal four main research clusters: (1) financial-ratio-based distress models, (2) machine-learning approaches for SME risk prediction, (3) post-pandemic MSME resilience, and (4) credit scoring using non-financial indicators. Scientometrics is identified as the most influential journal, while Edward I. Altman and Alessandro Giannozzi emerge as central scholars. The United States, Italy, and the United Kingdom appear as the most collaborative and productive countries. The novelty of this research lies in its specific focus on MSME bankruptcy prediction during the post-pandemic era, the use of an open-access-filtered dataset, and the identification of emerging thematic clusters. However, this review is limited to Scopus-indexed, English-language, and open-access publications, which may exclude relevant studies from other sources.
Co-Authors Abd. Rasyid Syamsuri Adi Wibowo Afry Rachmat Agus Suwandono Andi Gunawan Antariksa, Muhammad Deagama Surya Ari Wibawa Budi Santosa Arief Hidayat Arif Wibawa, Helmie Ary Setyadi Bagoes Widjanarko Bayu Surarso Bayu Surarso Budi Warsito Budi Warsito Dedy Kurniawan Hadi Putra Didit Suprihanto, Didit eko adi sarwoko Eko Adi Sarwoko Eko Didik Widianto Eko Didik Widianto Eko Nur Hidayat Eko Prasetiawan Fajar Hari Prasetyo Fajar Nugraha Ganis Khufad Arridho Hanif Setiawan, Syariful Helmi Arif Wibawa Helmie Arif Wibawa Helmie Arif Wibawa Henny Indriyawati Hidayat, Agung Rahmad Ikhthison Mekongga Indriyati Indriyati Irfan Pradipta Juwanda, Farikhin Kamal Maulana Kushartantya Kushartantya Kusworo Adi Lusiana Kristiyanti Lutfi Rinanto Mochammad Hosam Muhammad Malik Hakim, Muhammad Malik Mustafid Mustafid Nazla Nurmila Nikmah Rahmawati Pradhitya Nur Diyah S Pramudita Eka Hananto Prastio, Wahyu Tedi Priyo Sidik Sasongko Purwanto Purwanto R Rizal Isnanto Ragil Saputra Rahmat Gernowo Rambing, Danni Riyana Putri, Fayza Nayla Rizki Saputra, Naufal Roby Hanintyo Nursio Sakti Rukun Santoso Sembiring, Rinawati Septya Maharani, Septya Sinta Tridian Galih Sugiyamto Sugiyamto suhartono, Suahrtono Sukmawati Nur Endah Supriyono Supriyono Suryo Hartanto Sutikno Sutikno Sutopo Patria Jati Tarno Tarno Toni Prahasto Victor Gayuh Utomo Wahyu Adi, Prajanto Wahyu Krisna Hidayat Wahyu Krisna Hidayat Wahyudi Setiawan widowati widowati Wijayanto, Ahmad Yudie Irawan Yulianto Prabowo Yusuf Fahmi Adiputera