The Effect of Hexagon Fraud Theory in Detecting Financial Statement Fraud

Authors

  • Safira Adhania Universitas Pamulang
  • Holiawati Holiawati Universitas Pamulang
  • Nofryanti Nofryanti Universitas Pamulang

DOI:

https://doi.org/10.54099/ijdms.v1i1.854

Keywords:

Selected:Hexagon Fraud Theory, , Financial Statement Fraud

Abstract

Purpose – The purpose of this research is to determine the effect of hexagon fraud theory in detecting financial statement fraud.

Methodology/approach – This research uses a sample of insurance companies listed on the Indonesia Stock Exchange during the 2018-2022 period. The sampling technique used in this research was a side purposive technique, the samples obtained were 15 insurance companies or 75 data observations. The analytical method used is logistic analysis using SPSS.24.

Findings – Based on the results of this research, it shows that External Pressure has a significant effect on Financial Report Fraud, Political Connection has a significant effect on Financial Report Fraud, Nature of Industry has a significant effect on Financial Report Fraud, and Effective Monitoring has a significant effect on Financial Report Fraud, while Financial Stability does not have a significant effect on Financial Report Fraud, Financial Target does not have a significant effect on Financial Statement Fraud, Personal Financial Need does not have a significant effect on Financial Report Fraud, Capability does not have a significant effect on Financial Report Fraud, Rationalization does not have a significant effect on Report Fraud Finance, Arrogance does not have a significant effect on Financial Statement Fraud.

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Published

2024-01-22

How to Cite

Adhania, S., Holiawati, H., & Nofryanti, N. (2024). The Effect of Hexagon Fraud Theory in Detecting Financial Statement Fraud. International Journal of Digital Marketing Science, 1(1), 10–23. https://doi.org/10.54099/ijdms.v1i1.854

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