The Beneish M-Score Model in Detecting Fraudulent Financial Reporting: The Hexagon Perspective Theory

This research aims to investigate the effect of fraud on fraudulent financial reports (FFR) using the hexagon theory. The seven factors were financial stability, external pressure, ineffective monitoring, auditor changes, director changes, arrogance, and collusion. This study has a population of hea...

Full description

Saved in:
Bibliographic Details
Main Authors: Sherawanti Permata Kusuma, Melati Oktafiyani, Imang Dapit Pamungkas, Juli Ratnawati
Format: Article
Language:Indonesian
Published: Universitas Dian Nuswantoro 2024-04-01
Series:Jurnal Penelitian Ekonomi dan Bisnis
Online Access:https://publikasi.dinus.ac.id/index.php/jpeb/article/view/8369
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This research aims to investigate the effect of fraud on fraudulent financial reports (FFR) using the hexagon theory. The seven factors were financial stability, external pressure, ineffective monitoring, auditor changes, director changes, arrogance, and collusion. This study has a population of health companies listed on the IDX in 2018-2021. This study uses a quantitative approach. Based on the logistic regression analysis, the study finds that financial stability, change director, and arrogance affect FFR. On the other hand, external pressure, ineffective monitoring, auditor change, and collusion do not affect FFR.   Keywords: Fraudulent financial reporting, Hexagon theory, Beneish M-Score
ISSN:2442-5028
2460-4291