Analysis of The Effect of Fraud Hexagon on Fraud of Financial Statement

• Author(s): Manggar Ajeng Zalena ; Hidayat Darwis ; Maria Suryaningsih ; Ridwan Saleh
• Paper ID: 1704461
• Page: 389-398
• Published Date: 16-05-2023
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 6 Issue 11 May-2023

Abstract

This study aims to obtain empirical evidence about factors that influence fraudulent financial statements using fraud hexagon analysis. This research uses panel data regression analysis using eviews 12.0. Population study is company the LQ45 indexes period 2017-2022 with purposive sampling method. Based on the analysis, results show that financial targets have a significant effect on fraudulent financial reporting. Meanwhile, ineffective monitoring, change in auditors, change in directors, frequent number of CEO’s picture and government projects have no effect on fraudulent financial statements. The results of the study also prove that financial targets, ineffective monitoring, changes in auditors, changes in directors, the frequency of CEO picture, and government projects can simultaneously affect fraudulent financial statements.

Keywords

Fraud Hexagon, Fraudulent Financial Statements

Citations

IRE Journals:
Manggar Ajeng Zalena , Hidayat Darwis , Maria Suryaningsih , Ridwan Saleh "Analysis of The Effect of Fraud Hexagon on Fraud of Financial Statement" Iconic Research And Engineering Journals Volume 6 Issue 11 2023 Page 389-398

IEEE:
Manggar Ajeng Zalena , Hidayat Darwis , Maria Suryaningsih , Ridwan Saleh "Analysis of The Effect of Fraud Hexagon on Fraud of Financial Statement" Iconic Research And Engineering Journals, 6(11)