The Influence of the S.C.C.O.R.E Model on Financial Statement Fraud in LQ-45 Indexed Companies with the Beneish M-Score Method

References

[1] H. Herawati, “806-109-1796-1-10-20190723,” Pentingnya Lap. Keuang. Untuk Menilai Kinerja Keuang. Perusah., vol. 2, no. 1, pp. 16–25, 2019, [Online]. Available: https://scholar.google.com/citations?view_op=view_citation&hl=en&user=KMS1Pv8AAAAJ&citation_for_view=KMS1Pv8AAAAJ:IjCSPb-OGe4C

[2] Banin Ufiana & Dedik Nur Triyanto, “Pengaruh Fraud Diamond Terhadap Kecurangan Laporan Keuangan Perusahaan Sektor Industri Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia Tahun 2016-2020,” Jiap, vol. 1, no. 1, pp. 1–13, 2021.

[3] L. Ibrahim, H. Darwis, and S. Supriatiningsih, “Mekanisme Good Corporate Governance Dalam Menekan Tindakan Kecurangan Pada Perusahaan Go Green Di Indonesia,” J. Akunt., vol. 11, no. 2, pp. 248–263, 2022, doi: 10.37932/ja.v11i2.687.

[4] R. Rahmiyati, “Analisis Kecurangan Terhadap Praktik Laporan Keuangan Pt Asuransi Jiwasraya (Persero) Di Bei Tahun 2017-2019,” J. Appl. Account. Bus., vol. 3, no. 1, p. 41, 2021, doi: 10.37338/jaab.v3i1.167.

[5] O. Fraud, “Occupational Fraud 2022 :,” 2022.

[6] I. Mukaromah and G. S. Budiwitjaksono, “Fraud Hexagon Theory dalam Mendeteksi Kecurangan Laporan Keuangan pada Perbankan yang Terdaftar di Bursa Efek Indonesia Tahun 2015-2019,” J. Ilm. Komputerisasi Akunt., vol. 14, no. 1, pp. 61–72, 2021, [Online]. Available: http://journal.stekom.ac.id/index.php/kompakpage61

[7] D. R. Cressey, “Other people’s money; a study of the social psychology of embezzlement.,” 1953.

[8] G. L. Vousinas, “Advancing theory of fraud: the S.C.O.R.E. model,” J. Financ. Crime, vol. 26, no. 1, pp. 372–381, Jan. 2019, doi: 10.1108/JFC-12-2017-0128.

[9] C. J. Skousen, K. R. Smith, and C. J. Wright, “Detecting and predicting financial statement fraud: The effectiveness of the fraud triangle and SAS No. 99,” in Corporate Governance and Firm Performance, vol. 13, M. Hirschey, K. John, and A. K. Makhija, Eds. Emerald Group Publishing Limited, 2009, pp. 53–81. doi: 10.1108/S1569-3732(2009)0000013005.

[10] Tiffani, Laila, and Marfuah, “Deteksi Financial Statement Fraud dengan Analisis Fraud Triangel pada Perusahaan Manufaktur yang Terdaftar Di Bursa Efek Indonesia,” J. Akunt. dan Audit. Indones., vol. 19, no. 2, pp. 112–125, 2015.

[11] N. R. Pratiwi and A. Nurbaiti, “Analisis Fraud Pentagon Dalam Mendeteksi Kecurangan Laporan Keuangan Dengan Metode F-Score Model (Studi Empiris Pada Perusahaan Pertambangan Yang Terdaftar Di Bursa Efek Indonesia (Bei) Periode 2012-2016),” e-Proceeding Manag., vol. Vol 5 No., no. 3, p. 9, 2018.

[12] S. L. Summers and J. T. Sweeney, “Fraudulently Misstated Financial Statements and Insider Trading: An Empirical Analysis,” Account. Rev., vol. 73, no. 1, pp. 131–146, Feb. 1998, [Online]. Available: http://www.jstor.org/stable/248345

[13] P. Indriani, “Fraund Diamond Dalam Mendeteksi Kecurangan Laporan Keuangan,” I-Finance a Res. J. Islam. Financ., vol. 3, no. 2, p. 161, 2018, doi: 10.19109/ifinance.v3i2.1690.

[14] R. Herdiana and S. P. Sari, “Analisis Fraud Triangle Dalam Mendeteksi Kecurangan Laporan Keuangan (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2015-2017),” Semin. Nas. dan Call Pap. III, pp. 402–420, 2018.

[15] P. Husmawati, Y. Septriani, I. Rosita, and D. Handayani, “Fraud pentagon analysis in assessing the likelihood of fraudulent financial statement (study on manufacturing firms listed in Bursa Efek Indonesia Period 2013-2016),” in International Conference of Applied Science on Engineering, Business, Linguistics and Information Technology, 2017, pp. 45–51.

[16] N. Christian and B. Visakha, “Analisis teori fraud pentagon dalam mendeteksi fraud pada laporan keuangan perusahaan yang terdaftar di bursa efek Indonesia,” Conf. Manag. Business, Innov. Educ. Soc. Sci., vol. 1, no. 1, pp. 1325–1342, 2021.

[17] D. T. Wolfe and D. R. Hermanson, “The FWolfe, D. T. and Hermanson, D. R. (2004) ‘The Fraud Diamond : Considering the Four Elements of Fraud: Certified Public Accountant’, The CPA Journal, 74(12), pp. 38–42. doi: DOI:raud Diamond : Considering the Four ElemWolfe, D. T. and Hermanson, D. R.,” CPA J., vol. 74, no. 12, pp. 38–42, 2004.

[18] N. Kalbuana, K. Kusiyah, S. Supriatiningsih, R. Budiharjo, T. Budyastuti, and R. Rusdiyanto, “Effect of profitability, audit committee, company size, activity, and board of directors on sustainability,” Cogent Bus. Manag., vol. 9, no. 1, pp. 0–17, 2022, doi: 10.1080/23311975.2022.2129354.

[19] D. Hidayat, Supriatiningsih, R. Budiharjo, and A. Nabilah, “Analysis of the Effect of Audit Tenure, Corporate Governance Structure and Size of KAP on The Integrity of Financial Statements,” IRE Journals, vol. 5, no. 11, pp. 39–46, 2022, [Online]. Available: https://jimfeb.ub.ac.id/index.php/jimfeb/article/view/2409

[20] H. Crowe, “Why the fraud triangle is no longer enough,” Horwath, Crowe LLP, 2011.

[21] S. P. Sari and N. K. Nugroho, “Financial Statements Fraud dengan Pendekatan Vousinas Fraud Hexagon Model: Tinjauan pada Perusahaan Terbuka di Indonesia 26,” 1st Annu. Conf. Ihtifaz Islam. Econ. Financ. Bank., pp. 409–430, 2020.

[22] C. K. Dewi and A. Yuliati, “Pengaruh Fraud Hexagon Terhadap Kecurangan Laporan Keuangan (Studi Empiris Pada Perusahaan Makanan dan Minuman Yang Terdaftar di BEI),” J. Ris. Terap. Akunt., vol. 6, no. 2, pp. 115–128, 2022, [Online]. Available: https://jurnal.polsri.ac.id/index.php/jrtap/article/view/4645

[23] Michael and C. J. and W. H. MECKLING, “THEORY OF THE FIRM: MANAGERIAL BEHAVIOR, AGENCY COSTS AND OWNERSHIP STRUCTURE,” Hum. Relations, vol. 72, no. 10, pp. 1671–1696, 2019, doi: 10.1177/0018726718812602.

[24] M. Pongoh, “Analisis Laporan Keuangan Untuk Menilai Kinerja Keuangan Pt. Bumi Resources Tbk.,” J. Ris. Ekon. Manajemen, Bisnis dan Akunt., vol. 1, no. 3, pp. 669–679, 2013, doi: 10.35794/emba.v1i3.2135.

[25] Y. Sulistyowati, “Pencatatan Pelaporan Keuangan Umkm (Study Kasus Di Kota Malang),” Ref. J. Ilmu Manaj. dan Akunt., vol. 5, no. 2, p. 49, 2017, doi: 10.33366/ref.v5i2.831.

[26] U. Kristen, M. Issn, and S. G. Sagala, “3956-Article Text-15431-1-10-20211103,” vol. 13, no. November, pp. 245–259, 2021.

[27] K. Larum, D. Zuhroh, and E. Subiyantoro, “Fraudlent Financial Reporting: Menguji Potensi Kecurangan Pelaporan Keuangan dengan Menggunakan Teori Fraud Hexagon,” AFRE (Accounting Financ. Rev., vol. 4, no. 1, pp. 82–94, 2021, doi: 10.26905/afr.v4i1.5818.

[28] I. Sugiarto, Statistika Deskriptif & Konsep Peluang Aplikasi R-Stat. Penerbit Andi, 2021.

[29] M. Ulfah, E. Nuraina, and A. L. Wijaya, “Pengaruh Fraud Pentagon Dalam Mendeteksi Fraudulent Financial Reporting (Studi Empiris Pada Perbankan Di Indonesia Yang Terdaftar Di Bei,” Forum Ilm. Pendidik. Akunt., vol. 5, no. 1, pp. 399–418, 2017, [Online]. Available: Fraud, Fraud Pentagon, Fraudulent Financial Reporting

[30] K. S. Sihombing and S. N. Rahardjo, “Analisis Fraud Diamond dalam Mendeteksi Financial Statement Fraud (Studi Empiris pada Perusahaan manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2010 – 2012),” Diponegoro J. Account., vol. 3, no. 2, pp. 1–12, 2014, [Online]. Available: http://ejournal-s1.undip.ac.id/index.php/accounting

[31] M. Yesiariani and I. Rahayu, “Deteksi financial statement fraud: Pengujian dengan fraud diamond,” J. Akunt. Audit. Indones., vol. 21, no. 1, pp. 49–60, 2017, doi: 10.20885/jaai.vol21.iss1.art5.

[32] C. T. & P. Harto, “Pengujian Teori Fraud Pentagon Pada Sektor Keuangan Dan Perbankan Di Indonesia,” Simp. Nas. Akunt., pp. 1–21, 2016, [Online]. Available: file:///C:/Users/ASUS/Downloads/Pengujian Teori Fraud Pentagon Pada Sektor Keuangan dan Perbankan di Indonesia.pdf

[33] D. R. Wijayani and D. Ratmono, “Fraud hexagon in islamic companies,” Econ. Fac. Muria Bus., vol. 32, no. 3, pp. 6137–6149, 2020.

[34] D. Novarina and D. N. Triyanto, “Pengaruh Fraud Hexagon Terhadap Kecurangan Laporan Keuangan Pada Perusahaan LQ 45 Yang Terdaftar di Bursa Efek Indonesia Periode 2016-2020,” J. Akunt. dan Keuang., vol. 10, no. 2, p. 183, 2022, doi: 10.29103/jak.v10i2.7352.

@article{1704516,
      author = {Syifa Putri Maharani, Supriatiningsih, Samukri, Maria Suryaningsih},
      title = {The Influence of the S.C.C.O.R.E Model on Financial Statement Fraud in LQ-45 Indexed Companies with the Beneish M-Score Method},
      journal = {Iconic Research And Engineering Journals},
      year = {2023},
      volume = {7},
      number = {3},
      pages = {24-35},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1704516.pdf},
      abstract = {This research is conducted to analyze and obtain empirical evidence on the influence of fraud hexagon, consisting of stimulus/pressure, opportunity, rationalization, capability, arrogance, and collusion. The data used in this study is secondary data obtained from the www.idx.co.id website. With a purposive sample of 24 companies, the population in this study were companies included in the LQ-45 index from 2017 to 2021. Data analysis techniques use panel data regression analysis by using eviews 12.0. The results of the analysis show that the opportunity factor with nature of industry proxies affects the fraud of financial statements. Meanwhile, the pressure/stimulus factor with financial stability, rationalization factors with change in auditor proxies, capability factors with change of directors proxies, arrogance factors with CEO's picture proxies and collusion factors with project proxies with the government have no effect on financial statement fraud.Researchers are aware that this study has time constraints that can affect research results. The sample used in this study was only LQ-45 companies listed on the Indonesia Stock Exchange (IDX). Practical implications for investors in providing information about factors that can affect the potential for financial statement fraud against companies in the LQ-45 index, so that it can be used as a reference for investors to consider when investing in companies. Furthermore, this researcher is expected to contribute knowledge about the impact of hexagon fraud on financial statements.},
      keywords = {fraud, fraud hexagon, LQ-45},
      month = {September},
  }