Search engine for discovering works of Art, research articles, and books related to Art and Culture
Javascript must be enabled to continue!
FRAUD HEPTAGON FACTORS AND FINANCIAL STATEMENT FRAUD: EMPIRICAL EVIDENCE FROM CONSUMER CYCLICALS FIRMS
View through CrossRef
This study examines the effect of the Fraud Heptagon elements on Financial Statement Fraud in Consumer Cyclicals sector companies listed on the Indonesia Stock Exchange during 2021–2024. Using the purposive sampling method, 29 companies were selected, resulting in 116 panel data observatiotions analyzed through panel data regression. The result show that Financial Target (ROA) negatively affects financial statement fraud, while External Pressure (LEVERAGE) and Change in Director (CID) have positive effects. In contrast, Financial Stability (ACHANGE), Personal Financial Need (OSHIP), Greed, Ideal Conditions of the Company (NOI), and Frequent Number of CEO Pictures (CEOPIC) show no significants effect. Ignorance and Effective Monitoring (BDOUT) negatively affect fraud, indicating that awareness and good supervision reduce manipulations risks. Meanwhile, Change in Auditor (CHAUD) positively influence fraud, suggesting that auditor changes may create opportunities for misconduct. Overall, the findings highlight that not all Fraud Heptagon elements significantsly affect financial statement fraud. However, governance quality, leadership stability, and external oversight remain crucial in preventing fraudulent financial reporting.
Title: FRAUD HEPTAGON FACTORS AND FINANCIAL STATEMENT FRAUD: EMPIRICAL EVIDENCE FROM CONSUMER CYCLICALS FIRMS
Description:
This study examines the effect of the Fraud Heptagon elements on Financial Statement Fraud in Consumer Cyclicals sector companies listed on the Indonesia Stock Exchange during 2021–2024.
Using the purposive sampling method, 29 companies were selected, resulting in 116 panel data observatiotions analyzed through panel data regression.
The result show that Financial Target (ROA) negatively affects financial statement fraud, while External Pressure (LEVERAGE) and Change in Director (CID) have positive effects.
In contrast, Financial Stability (ACHANGE), Personal Financial Need (OSHIP), Greed, Ideal Conditions of the Company (NOI), and Frequent Number of CEO Pictures (CEOPIC) show no significants effect.
Ignorance and Effective Monitoring (BDOUT) negatively affect fraud, indicating that awareness and good supervision reduce manipulations risks.
Meanwhile, Change in Auditor (CHAUD) positively influence fraud, suggesting that auditor changes may create opportunities for misconduct.
Overall, the findings highlight that not all Fraud Heptagon elements significantsly affect financial statement fraud.
However, governance quality, leadership stability, and external oversight remain crucial in preventing fraudulent financial reporting.
Related Results
Pengaruh Fraud Pentagon terhadap Financial Statement Fraud
Pengaruh Fraud Pentagon terhadap Financial Statement Fraud
Abstract. This study aims to determine banking companies that experience financial statement fraud using pentagon fraud theory. Pentagon fraud has five factors that influence the c...
Pengembangan Teorema Ceva pada Heptagon Nonkonveks
Pengembangan Teorema Ceva pada Heptagon Nonkonveks
Teorema Ceva pada dasarnya merupakan suatu teorema yang berlaku pada segitiga. Dalam penelitian ini teorema Ceva dikembangkan pada heptagon nonkonveks dalam dua kasus. Kasus satu m...
The Effect of Financial Stability, External Pressure, and Nature of Industry on Financial Statement Fraud: Evidence from FMCG Companies in the Consumer Non-Cyclicals Sector Listed on the Indonesia Stock Exchange (2019–2023)
The Effect of Financial Stability, External Pressure, and Nature of Industry on Financial Statement Fraud: Evidence from FMCG Companies in the Consumer Non-Cyclicals Sector Listed on the Indonesia Stock Exchange (2019–2023)
Financial statement fraud is a deliberate act of manipulation that is carried out deliberately so as to reduce the reliability of financial information and has the potential to mis...
THE INFLUENCE OF THE FRAUD HEPTAGON ON FINANCIAL STATEMENT FRAUD IN ENERGY SECTOR COMPANIES INDONESIA
THE INFLUENCE OF THE FRAUD HEPTAGON ON FINANCIAL STATEMENT FRAUD IN ENERGY SECTOR COMPANIES INDONESIA
This study examines the influence of the Fraud Heptagon elements on financial statement fraud among consumer cyclical companies listed on the Indonesia Stock Exchange (IDX) during ...
The Impact of Corporate Governance and Real Earnings Management on Financial Statement Fraud in Malaysia
The Impact of Corporate Governance and Real Earnings Management on Financial Statement Fraud in Malaysia
This study examines the relationship between corporate governance mechanisms and financial statement fraud in Malaysia. This study also investigates the likelihood of Malaysian fin...
Financial Reporting in the Perception of Heptagon Fraud Theory
Financial Reporting in the Perception of Heptagon Fraud Theory
This study aims to examine the effect of fraud heptagon consisting of seven elements, namely pressure, rationalization, opportunity, arrogance, ability or competence, culture, and ...
Analisis Determinan Kecurangan Laporan Keuangan Melalui Pendekatan Fraud Pentagon Theory (Studi Empiris Pada Perusahaan Dengan Notasi Khusus Pada Bursa Efek Indonesia)
Analisis Determinan Kecurangan Laporan Keuangan Melalui Pendekatan Fraud Pentagon Theory (Studi Empiris Pada Perusahaan Dengan Notasi Khusus Pada Bursa Efek Indonesia)
Financial statement fraud refers to an intentional act of a material misstatement in financial statements. This study aims to obtain empirical evidence of the effect of fraud penta...
Fraud Pentagon Terhadap Kecurangan Laporan Keuangan
Fraud Pentagon Terhadap Kecurangan Laporan Keuangan
Tindakan fraud pada laporan keuangan saat ini semakin meningkat. Dampak dari tindakan tersebut tidak hanya dirasakan oleh para investor secara individual. Namun, juga berdampak ter...