Reviewing Path of Basel I to Basel III Framework: Through Bibliometric and Content Analysis

Abstract

The present study aims to synthesize the existing literature on the Basel standards applicable worldwide by thoroughly examining 1723 studies published over the last 26 years between 1997-2022. Using the biblioshiny bibliometric package of R-software, we identify 92 scientific contributions for a detailed content analysis based on their findings and applications. The study finds that there is a need to have uniform standards globally as it helps to prevent the chain effect of financial shocks and ensures the smooth functioning of the economic system. The integrity of the banking system is a critical component of the prudential framework's execution, particularly with regard to capital regulation, which tries to limit bank risk-taking. The study contributes to extending the current literature on Basel norms and highlighting the prominent future potential research avenues in this research area.