The Effect of Fraud Pentagon Theory on Financial Statements: Empirical Evidence from Indonesia

• 발행기관: 한국유통과학회
• 저자명: Putu Nirmala Chandra DEVI Anak Agung Gde Putu WIDANAPUTRA I Gusti Ayu Nyoman BUDIASIH Ni Ketut RASMINI
• 간행물 정보: 『The Journal of Asian Finance, Economics and Business(JAFEB)』Vol. 8 No.3, 1163~1169쪽, 전체 7쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2021.03.30

영문 초록

This study aims to obtain empirical evidence regarding the effect of the fraud pentagon theory on financial statement fraud. The novelty of this study is the use of factor analysis to consolidate the five elements of the fraud pentagon into just one factor, which, to the knowledge of the researcher, no one else has done to research the effect of pentagon fraud on financial statement fraud. This study uses both agency theory and fraud pentagon theory. The population of this study consists of state-owned companies listed on the Indonesia Stock Exchange. The research period in this study is from 2014 to 2019. The data used in this study is secondary data obtained from the company’s annual financial statements. A purposive sampling technique was used to determine the research sample. The selected companies total 20. Factor analysis and simple linear regression analysis method were used as research the methods. Based on the research results, it was found that the fraud pentagon theory had a positive effect on the financial statement fraud of state-owned companies listed on the Indonesia Stock Exchange. High level of the pentagon fraud on a company leads to a higher indication of financial statement fraud.

목차

1. Introduction

2. Literature Review and Hypothesis

3. Research Methods

4. Results and Discussion

5. Conclusions

References

키워드

Financial Economics Finance Illegal Behavior