ANALISIS KECURANGAN LAPORAN KEUANGAN MELALUI FRAUD HEXAGON THEORY
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Abstract
Financial statements are statements made by company to convey the financial condition,
performance, and company’s operational activities aimed at the users of financial
statements as decision-making. The purpose of this study is to analyze fraudulent
financial statements through fraud hexagon theory, that measured with financial targets,
CEO education, political connections, state-owned enterprises, ineffective monitoring,
rationalization and CEO duality. The samples of this study consist of 106 companies
listed on the Indonesia Stock Exchange (IDX) in 2014-2018. This study uses data panel
regression analysis technique with EViews10. The results of this study show that
financial targets, state-owned enterprises, ineffective monitoring, political connections,
rationalization, and CEO duality have a significant effect. Meanwhile, CEO education
have no effect on fraudulent financial statements. Based on this study, the companies
should report financial statements that describe the real conditions. Further research is
recommended to add other proxies to measure the elements in fraud hexagon theory
Article Details
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