Implementasi Teori Fraud Pentagon pada Badan Usaha Milik Negara yang Terdaftar di Bursa Efek Indonesia

Abstract

This study aims to determine the effect of the Fraud Pentagon theory which consists of pressure elements proxied by financial targets, financial stability and external pressure; opportunity proxied by ineffective monitoring and nature of industry; rationalization proxied by changes in auditors; capability proxied by changes in directors; and arrogance proxied by the frequent number of CEO's pictures on financial statement fraud proxied by the fraud score model. Data collection uses purposive sampling technique where from 25 State-Owned Enterprises companies listed on the Indonesia Stock Exchange for the period 2018-2022 there are 24 companies in accordance with the criteria so that there are a total of 120 research samples. The data analysis method used in is logistic regression analysis. The results showed that the variables of financial stability (ACHANGE), nature of industry (RECEIVABLE) and change in auditor (CPA) have an influence on indications of financial statement fraud while other variables have no effect.