Corporate governance and CSR: fortress or loophole in the financial statement fraud?
Purpose: The impact of the audit committee, the board of commissioners, and corporate social responsibility on financial statement fraud is examined in this study. It examines the role of company size and profitability as control variables to provide a deeper understanding of the factors that shape...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universitas Muhammadiyah Malang
2025-05-01
|
| Series: | Jurnal Akademi Akuntansi |
| Subjects: | |
| Online Access: | https://ejournal.umm.ac.id/index.php/jaa/article/view/38207 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | Purpose: The impact of the audit committee, the board of commissioners, and corporate social responsibility on financial statement fraud is examined in this study. It examines the role of company size and profitability as control variables to provide a deeper understanding of the factors that shape fraudulent financial reporting.
Methodology/approach: Companies in the basic materials industry that were listed on the Indonesia Stock Exchange between 2019 and 2023 make up the study's population. This study analyzed data from 42 companies, which resulted in 121 units of analysis, using panel data regression analysis through Eviews 12.
Findings: The findings demonstrated that financial statement fraud was negatively impacted by the board of commissioners (BC). Meanwhile, financial statement fraud is unaffected by the audit committee (AC) or corporate social responsibility (CSR).
Practical and Theoretical contribution/Originality: The novelty of this research is that it adds a new variable, CSR, and uses a sample of basic material sector companies.
Research Limitation: Low adoption of GRI standards in basic materials sector companies, which limits the generalizability of the results and affects the quality of sustainability disclosures.
|
|---|---|
| ISSN: | 2715-1964 2654-8321 |