Accounting information and financial risk - shareholder risk focused on peruvian mining companies

Abstract

Objective: To identify the main research about accounting information and financial risk in the SCOPUS database and carry out an analysis of the characteristics of the publications, as well as their content. Method: Consist of making a systematic review of the literature of the last five years following inclusion and exclusion criteria with the use of Boolean operators to better proceed. Results: 22 articles were identified, none of them with studies in South America and two of the articles have more than 50% of the citations. Regarding the content, they all contain accounting information as a variable and they are not found directly in the financial risk variable, although practically all financial risk subclassifications are covered indirectly. Another issue that was also found is that there are new concepts, for us, such as OPM3 and CFEBIT, linking it with accounting information and financial risk. A concept that we consider novel about the object of study of accounting is also proposed, strengthening the concept of accounting information but with a greater scope, even reaching the information of natural persons. Conclusions: Operational risk is the concept of financial risk most related to accounting information, there are no investigations in the Peruvian area, so it is recommended to see the possibility of adapting the investigations found for this investigation to the reality of Peruvian companies. Finally, some recommendations of topics that we consider interesting to be investigated are left.