Analysis of Financial Statements Fraud Using the Fraud Hexagon Perspective on Family Company

DOI

10.2991/978-2-38476-273-6_76How to use a DOI?

Keywords

Fraud involving financial statements; Hexagonal fraud; and family firms

Abstract

Numerous frauds in the financial statements that businesses listed on the IDX have released. Due to the funds, they have committed, investors will undoubtedly suffer from this since they will not receive accurate financial information while the business is operating. The variables of pressure, opportunity, rationalisation, capability, ego (arrogance), and collusion are generally found in the fraud hexagon. The purpose of this study is to examine how family businesses in Manufacturing Companies Listed on the Indonesia Stock Exchange are affected by financial statement fraud from the perspective of the fraud hexagon. Manufacturing Companies with Intentional Sampling The data analysis methods utilised are the normality test, multicollinearity, autocorrelation, heteroscedasticity, and multiple linear regression with SPSS application, and the company is listed on the Indonesia Stock Exchange. Financial stability, external pressure, financial targets, industry type, monitoring efficacy, director and auditor changes, CEO duality, and political ties either concurrently or concurrently with financial statement fraud were the findings of this study. Examine and consider in a broader sense the elements that can motivate management to falsify financial statements.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Barkah Susanto
AU  - Lilik Andriyani
AU  - Nur Laila Yuliani
AU  - Nur Wakhidatur Rohmah
PY  - 2024
DA  - 2024/08/02
TI  - Analysis of Financial Statements Fraud Using the Fraud Hexagon Perspective on Family Company
BT  - Proceedings of 5th Borobudur International Symposium on Humanities and Social Science 2023
PB  - Atlantis Press
SP  - 724
EP  - 735
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-273-6_76
DO  - 10.2991/978-2-38476-273-6_76
ID  - Susanto2024
ER  -