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Financial literacy is crucial in explaining a broader set of investment behaviors. This paper investigates what financial literacy, wine knowledge, risk propensity and wine purchase behavior have in common.

The analysis is on a questionnaire distributed online to an equal number of young adults from a traditional wine-producing and consuming country (France) and a country less linked to wine by tradition (the UK).

The analysis shows how financial literacy, financial education and financial risk attitudes impact the attitudes toward wine purchase decisions. Results indicate that participants prefer to drink wine for pleasure rather than for potential financial gain. Significant relationships exist between financial literacy, wine consumption frequency and willingness to store and pay for wine.

These results allow for a better understanding of wine purchasing behavior in light of willingness to pay, invest and store.

• (1)

  Financial literacy has a positive role in influencing wine storage and investments.

• (2)

  Culture shapes the impact of financial literacy, habits and risk on wine investments.

• (3)

  Gender and age have a role in influencing wine investments.

Financial literacy has a positive role in influencing wine storage and investments.

Culture shapes the impact of financial literacy, habits and risk on wine investments.

Gender and age have a role in influencing wine investments.

Fake News, a disruptive force in the information world, has been extensively researched across various academic domains. This study, however, takes a unique approach by using bibliometric analysis to explore the specific link between fake news and the erosion of media trust. The purpsose of this study is to introduce novel and unexplored research questions that have not been thoroughly investigated, opening up exciting avenues for future research.

A thorough bibliometric analysis was conducted on 480 papers published between 2015 and 2023, using VOSviewer and Biblioshiny software packages. These papers were sourced from the well-known electronic research database, Scopus. The study included cluster analysis, bibliographic coupling, citation analysis, content analysis, keyword analysis and a three-field plot, providing a robust examination of the research landscape.

The bibliometric content analysis gave eight research clusters in the area. Future research guidelines are proposed, followed by conclusions, limitations and research and management implications. (1) Distrust in media and populism; (2) Social media, conspiracy theories and COVID-19; (3) Fact-checking, misinformation and media dynamics; (4) Fake news, trust and political bias; (5) Polarisation, echo chambers and information bubbles; (6) Political communication and media trust; (7) Media literacy and mass communication; and (8) Disinformation, trust and political consequences.

The analysis reveals gaps in existing literature, highlighting the need for comprehensive studies that explore the nuanced relationships between fake news and media credibility by using interdisciplinary approaches, combining insights from communication theory, psychology and sociology. This analysis can guide scholars in identifying new research directions.

Media organisations can use this knowledge to develop strategies that enhance their credibility and counteract the effects of fake news. Policymakers can design informed regulations to combat misinformation and protect public trust. Educators can integrate these insights into curricula to prepare future journalists and media professionals for the evolving landscape. Tech companies can leverage these findings to mitigate fake news and build media trust.

Public trust in media is foundational to democratic societies. Understanding the dynamic of fake news helps recognise broader societal consequences, such as increased polarisation and decreased civic engagement. By addressing the issues, society can work towards restoring faith in the institution of media.

There is a lack of comprehensive research using bibliometric analysis to understand how the rise of fake news has affected the reputation of traditional media. This study makes a significant contribution, using a bibliographic lens to highlight key themes and pave the way for future research.