Analisis Faktor-Faktor yang Mempegaruhi Fraudulent Financial Reporting dalam Perspektif Fraud Hexagon Theory (Studi Empiris pada Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia Periode 2021-2023)

Abstract

This research aims to analyze the factors influencing fraudulent financial reporting from the perspective of the fraud hexagon theory in banking companies listed on the Indonesia Stock Exchange (IDX) during the 2021-2023 period. A total of 39 companies were sampled with a 3-year observation period, resulting in 117 observations. The data used were secondary data obtained from the official website of the IDX and the companies' official websites. The analytical methods employed were descriptive statistics, logistic regression, and hypothesis testing. Based on data analysis using hypothesis testing, it was partially shown that the variable of management change had a positive influence on fraudulent financial reporting, while audit costs had a negative influence. Other variables, namely financial targets, supervisory effectiveness, auditor change, management change, and CEO arrogance, did not have a significant impact on fraudulent financial reporting. Simultaneously, financial targets, supervisory effectiveness, auditor change, management change, CEO arrogance, and audit costs significantly influenced fraudulent financial reporting