Determinan Fraudulent Financial Statement Melalui Perspektif Fraud Hexagon Theory Pada Perusahaan Pertambangan

Abstract

The purpose of this study is to examine the effect of fraud hexagon theory in detecting fraudulent financial statements. The element of fraud hexagon theory is measured by variables of financial stability, effective monitoring, auditor turnover, CEO duality, and political connections. The population of this study is mining sector companies listed on the Indonesia Stock Exchange (IDX) 2017-2019. The sampling technique used purposive sampling and obtained 41 companies with 123 observations. Data collection technique using documentation techniques with secondary data sourced from financial reports. The data analysis technique uses panel daya regression with Eviews 9 program. The test result show that financial stability and external pressure have a positive and significant effect on fraudulent financial statement. while the variables of effective monitoring, auditor change, director change, CEO duality, and political connection have no significant effect on fraudulent financial statement.