Effect of Pressure, Opportunity, Rationalizations, Capability and Arrogance in The Concept of The Fraud Pentagon

Neng Putriyanti, Ari Dewi Cahyati

Abstract


The purpose of this study was to determine whether the elements in the fraud pentagon concept could detect the potential for fraud in financial statements. The sample in this research is state-owned companies (BUMN) listed on the Indonesia Stock Exchange (BEI) in 2014-2018. The sampling method used was purposive sampling technique. The analytical tool in this research uses the logistic regression analysis method. The results showed that the variables pressure and rationalizations had a significant positive effect on fraudulent financial reporting. The opportunity variable has a significant negative effect on fraudulent financial reporting. Meanwhile, the pressure variable, opportunity variable, capability variable, and arrogance variable had a positive and insignificant effect on fraudulent financial statements.

 


Keywords


fraud pentagon, pressure, opportunity, rationalizations, capability, arrogance, kecurangan laporan keuangan

Full Text:

PDF

References


Annisya, M., Lindrianasari, & Asmaranti, Y. (2016). Pendeteksian Kecurang Laporan Keuangan Menggunakan Fraud Diamond. Jurnal Bisnis Dan Ekonomi (JBE), Vol. 23 No. 1, 72 – 89 ISSN: 1412-3126.

Apriliana, S. & Agustina, L. (2017). The Analysis of Fraudulent Financial Reporting Determinant through Fraud Pentagon Approach. Jurnal Dinamika Akuntansi, 9(2), 154-165

Ardiyani, S., dan Sri Utaminingsih, N. (2015). Analisis Determinan Financial Statement Melalui Pendekatan Fraud Triangle. Accounting Analysis Journal, 4(1), 1–10.

Bayagub, A., Zulfa, K., & Mustoffa, A. F. (2018). Analisis Elemen-Elemen Fraud Pentagon Sebagai Determinan Fraudulent Financial Reporting (Studi Pada Perusahaan Property dan Real Estate Yang Terdaftar di Bursa Efek Indonesia Periode 2014-2016). Jurnal Ekonomi, Manajemen dan Akuntansi-Universitas Muhammadiyah Ponorogo, Vol.2 No.1, 1-11

Cressey, D. R. (1953). Other People’s Money: a Study in the Social Psychology of Embezzlement. Glencoe, IL: Free Press.

Crowe. (2011). Putting the Freud in Fraud: Why the Fraud Triangle Is No Longer Enough, IN Howart, Crowe

Ghozali, I. (2013). Aplikasi Analisis Multivariate Dengan Program SPSS (7th 8ed.). Semarang: BP Universitas Diponegoro.

Hammood, H., Talab, H., & Ali, I. S. (2018). Role Of Beneish M-Score Model in Detecting of Earning Management Practice Empirical Study in Listed Banks of Iraqi Stock Exchange. International Journal of Applied Business and Economic Research. Vol. 15 No.23

Husmawati, P., Septriani, Y., Rosita, I., & Handayani, D. (2017). Fraud Pentagon Analysis in Assessing the Likelihood of Fraudulent Financial Statement (Study on Manufacturing Firms Listed in Bursa Efek Indonesia Period 2013-

. International Conferenceof Applied Science on Engineering, Business, Linguistics and Information Technology. 45-51

Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, Vol.3

No 4, 305–360. Available athttps://doi.org/10.1016/0304-405X(76)90026-X

Putriasih, K., `Ni N. T. H., & Made A. W. (2016). Analisis Fraud Diamond dalam Mendeteksi Financial Statement Fraud: Studi Empiris pada Perusahaan Manufaktur yang Terdaftar Di Bursa Efek Indonesia (BEI) Tahun 2013-2015. e-Journal S1 Ak Universitas Pendidikan Ganesha Jurusan Akuntansi Program S1 Vol:6 No:3.

Rini, Viva Y. dan Tarmizi Achmad. 2012. Analisis Prediksi Potensi Risiko Fraudulent Financial Statement Melalui Fraud Score Model. Diponegoro Journal Of Accounting, Vol. 1, No. 1.

Siddiq, F. R., Achyani, F., & Zulfikar. (2017). Fraud Pentagon dalam Mendeteksi Financial Statement. Journal of Seminar Nasional Dan The 4th Call for Syariah Paper, 1-14-784.

Sihombing, K. S., & Rahardjo, S. N. (2014). Analisis Fraud Diamond dalam Mendeteksi Financial Statement Fraud: Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia (BEI) Tahun 2010-2012, Diponegoro Journal of Accounting Vol. 03 No. 02. ISSN (Online) : 2337 -3806. NDG

Skousen, C.J. (2009). Detecting and Predicting Financial Stability: The Effectiveness of the Fraud Triangle and SAS N0. 99. Journal of Accounting and Auditing. SSRN (Social Science Research Network), Vol. 13, 53-81.

Tessa, C., & Harto, P. (2016). Fraudulent Financial Reporting: Pengujian Teori Fraud Pentagon pada Sektor Keuangan dan Perbankan di Indonesia. Journal of Simposium Nasional Akuntansi XIX, Lampung.

Ulfah, M., Nuraina, E., & Wijaya, A. L. (2017). Pengaruh Fraud Pentagon dalam Mendeteksi Fraudulent Financial Reporting (Studi Empiris pada Perbankan di Indonesia Yang Terdaftar di Bei. Journal of The 9th FIPA: Forum Ilmiah Pendidikan Akuntansi - Universitas PGRI Madiun, Vol. 5 No.1, 399-418- NaN-9723.

Wolfe, D. T. & Hermanson D. R. (2004). The Fraud Diamond: Considering the Four Elements of Fraud. CPA Journal. Vol 74.




DOI: https://doi.org/10.21107/jaffa.v8i2.8773

Refbacks

  • There are currently no refbacks.


Our Journal indexed by:



Our support tools using:

 

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.