Pengaruh Faktor-Faktor Kolusi Terhadap Kecurangan Laporan Keuangan
Abstract
Fraud is an act carried out intentionally by an individual or a certain group to obtain a personal or collective advantage. Fraudulent financial reporting can be done by manipulating and falsifying important information in the financial statements. Collusion is the existence of an illegal contract or secret cooperation that is contrary to applicable law but seems reasonable with the aim of gaining mutual benefit. This study aims to determine the effect of collusion factors including political connections, related party transactions and state owned enterprises on financial statement fraud. Manufacturing sector companies listed on the Indonesia Stock Exchange in 2017-2020 constitute the population in this study of 193 companies. The resulting sample is 57 companies using purposive sampling. The analytical method used is logistic regression using SPSS 26 software. The results of the tests that have been carried out show that the independent variables of political connections, related party transactions and state owned enterprises have a significant effect on fraudulent financial statements simultaneously. While partially related party transactions have a positive effect on the detection of fraudulent financial statements. Compared to political connections and state owned enterprises, it has no significant effect in detecting fraudulent financial statements.
Keywords: fraudulent financial reporting, political connections, related party transaction and state-owned enterprises.
Full Text:
Download PDFReferences
Arens, A. A., Elder, R. J., Beasley, M. S., & Hogan, C. E. (2017). Auditing and assurance services : an integrated approach 16th ed. Boston: Prentice Hall.
Association of Certified Fraud Examiners (ACFE). (2019). Survei Fraud Indonesia 2019. Report to the Nations on Occupational Fraud and Abuse.
Aulia Haqq, A. P. N., & Budiwitjaksono, G. S. (2020). Fraud pentagon for detecting financial statement fraud. Journal of Economics, Business, & Accountancy Ventura, 22(3), 319–332. https://doi.org/10.14414/jebav.v22i3.1788
Beneish, M. D. (1999). The Detection of Earnings Manipulation. Financial Analysts Journal, 55(5), 24–36.
Christian, N., & Visakha, B. (2021). Analisis Teori Fraud Pentagon Dalam Mendeteksi Fraud Pada Laporan Keuangan Perusahaan Yang Terdaftar Di Bursa Efek Indonesia. Conference on Management, Business, Innovation, Education and Social Sciences, 1(1), 1325–1342.
Cressey, D. R. (1953). The Internal Auditor as Fraud Buster. Managerial Auditing Journal. MCB University.
Dechow, P. M., Hutton, A. P., Kim, J. H., & Sloan, R. G. (2012). Detecting Earnings Management: A New Approach. Journal of Accounting Research , 50(2), 275–334.
Dewanti, M. R. (2019). Pengaruh koneksi politik terhadap nilai perusahaan yang terdaftar di BEI. Kolaborasi Riset Dosen Dan Mahasiswa, 1–11.
Gaio, C., & Pinto, I. (2018). The role of state ownership on earnings quality: evidence across public and private European firms. Journal of Applied Accounting Research, Emerald Group Publishing, 19(2), 312–332.
Jaunanda, M., & Silaban, D. P. (2020). Pengujian Fraud Pentagon Terhadap Resiko Financial Fraudulent Reporting. Ultima Management : Jurnal Ilmu Manajemen, 12(2), 147–158. https://doi.org/10.31937/manajemen.v12i2.1581
Jaunanda, M., Tian, C., Edita, K., & Vivien. (2020). Analisis Pengaruh Fraud Pentagon Terhadap Fraudulent Financial Reporting Menggunakan Beneish Model. Jurnal Penelitian Akuntansi, 1(1), 80–98.
Jensen, C., & Meckling, H. (1976). Theory Of The Firm : Managerial Behavior , Agency Costs And Ownership Structure. 3, 305–360.
Kurniawan, A., & Trisnawati, R. (2021). Hexagon Fraud Dalam Mendeteksi Fraudulent Financial Statetment: Studi Pada Perusahaan Pertambangan Yang Terdaftar Di Bursa Efek Indonesia (BEI) Tahun 2016-2019. Seminar Nasional & Call for Paper Hubisintek, 2(1), 331–342. http://ojs.udb.ac.id/index.php/HUBISINTEK/article/view/1405
Larum, K., Zuhroh, D., & Subiyantoro, E. (2021). Fraudulent Financial Reporting : Menguji Potensi Kecurangan Pelaporan Keuangan dengan Menggunakan Teori Fraud Hexagon. Accounting and Financial Review, 4(1), 82–94.
Maas, V. S., & Yin, H. (2022). Finding partners in crime? How transparency about managers’ behavior affects employee collusion. Accounting, Organizations and Society, 96(xxxx), 101293. https://doi.org/10.1016/j.aos.2021.101293
Mao, X., Sun, H., Zhu, X., & Li, J. (2022). Financial fraud detection using the related-party transaction knowledge graph. Procedia Computer Science, 199, 733–740. https://doi.org/10.1016/j.procs.2022.01.091
Ratmono, D., Darsono, D., & Cahyonowati, N. (2020). Financial Statement Fraud Detection With Beneish M-Score and Dechow F-Score Model: An Empirical Analysis of Fraud Pentagon Theory in Indonesia. International Journal of Financial Research, 11(6), 154. https://doi.org/10.5430/ijfr.v11n6p154
Shawtari, F., Mohamad, M. H. S., Rashid, H. M. A., & Ayedh, A. M. (2017). Board Characteristics and Real Performance in Malaysian State-Owned Enterprises (SOEs). International Journal of Productivity and Performance Management, 66(8). https://doi.org/10.1108/IJPPM-12-2015-0188
Sidik, S. (2019). Kronologi Penggelembungan Dana AISA Si Produsen Taro. [online]. https://www.cnbcindonesia.com/market/20190328073206-17-63318/kronologi-penggelembungan-dana-aisa-si-produsen-taro [18 Februari 2022].
Tuanakotta, T. M. (2019). Audit Internal Berbasis Risiko (p. 205). Salemba Empat.
Violin Rahma, D. W., & Suryani, E. (2019). Pengaruh Faktor-Faktor Fraud Triangle Terhadap Financial Statement Fraud. Jurnal ASET (Akuntansi Riset), 11(2), 301–314.
Vousinas, G. L. (2019). Advancing theory of fraud: the S.C.O.R.E. model. Journal of Financial Crime, 26(1), 372–381. https://doi.org/10.1108/JFC-12-2017-0128
Wang, Z., Chen, M. H., Chin, C. L., & Zheng, Q. (2017). Managerial ability, political connections, and fraudulent financial reporting in China. Journal of Accounting and Public Policy, 36(2), 141–162. https://doi.org/10.1016/j.jaccpubpol.2017.02.004
Wu, W., Johan, S. A., & Rui, O. M. (2016). Institutional Investors, Political Connections, and the Incidence of Regulatory Enforcement Against Corporate Fraud. Journal of Business Ethics, 134(4), 709–726. https://doi.org/10.1007/s10551-014-2392-4
Wulandari, L. (2018). Pengaruh Political Connection Pada Dewan Komisaris Dan Dewan Direksi Terhadap Kinerja Perusahaan Sektor Pertambangan Yang Terdaftar Di BEI Periode Tahun 2010-2014. Jurnal Ilmiah Mahasiswa Universitas Surabaya, 7.
DOI: https://doi.org/10.37531/sejaman.v5i2.3356
Refbacks
- There are currently no refbacks.
