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...
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| Format: | Article |
| Language: | Indonesian |
| Published: |
Universitas Dian Nuswantoro
2024-04-01
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| Series: | Jurnal Penelitian Ekonomi dan Bisnis |
| Online Access: | https://publikasi.dinus.ac.id/index.php/jpeb/article/view/8369 |
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| author | Sherawanti Permata Kusuma Melati Oktafiyani Imang Dapit Pamungkas Juli Ratnawati |
| author_facet | Sherawanti Permata Kusuma Melati Oktafiyani Imang Dapit Pamungkas Juli Ratnawati |
| author_sort | Sherawanti Permata Kusuma |
| collection | DOAJ |
| description | 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 |
| format | Article |
| id | doaj-art-302bf416aa49440fb22b87781cb76d9f |
| institution | OA Journals |
| issn | 2442-5028 2460-4291 |
| language | Indonesian |
| publishDate | 2024-04-01 |
| publisher | Universitas Dian Nuswantoro |
| record_format | Article |
| series | Jurnal Penelitian Ekonomi dan Bisnis |
| spelling | doaj-art-302bf416aa49440fb22b87781cb76d9f2025-08-20T02:03:35ZindUniversitas Dian NuswantoroJurnal Penelitian Ekonomi dan Bisnis2442-50282460-42912024-04-0191152810.33633/jpeb.v9i1.83696294The Beneish M-Score Model in Detecting Fraudulent Financial Reporting: The Hexagon Perspective TheorySherawanti Permata Kusuma0Melati Oktafiyani1https://orcid.org/0000-0002-6645-0448Imang Dapit Pamungkas2Juli Ratnawati3Department of Accounting, Faculty of Economics and Business, Universitas Dian NuswantoroDepartment of Accounting, Faculty of Economics and Business, Universitas Dian NuswantoroDepartment of Accounting, Faculty of Economics and Business, Universitas Dian NuswantoroDepartment of Accounting, Faculty of Economics and Business, Universitas Dian NuswantoroThis 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-Scorehttps://publikasi.dinus.ac.id/index.php/jpeb/article/view/8369 |
| spellingShingle | Sherawanti Permata Kusuma Melati Oktafiyani Imang Dapit Pamungkas Juli Ratnawati The Beneish M-Score Model in Detecting Fraudulent Financial Reporting: The Hexagon Perspective Theory Jurnal Penelitian Ekonomi dan Bisnis |
| title | The Beneish M-Score Model in Detecting Fraudulent Financial Reporting: The Hexagon Perspective Theory |
| title_full | The Beneish M-Score Model in Detecting Fraudulent Financial Reporting: The Hexagon Perspective Theory |
| title_fullStr | The Beneish M-Score Model in Detecting Fraudulent Financial Reporting: The Hexagon Perspective Theory |
| title_full_unstemmed | The Beneish M-Score Model in Detecting Fraudulent Financial Reporting: The Hexagon Perspective Theory |
| title_short | The Beneish M-Score Model in Detecting Fraudulent Financial Reporting: The Hexagon Perspective Theory |
| title_sort | beneish m score model in detecting fraudulent financial reporting the hexagon perspective theory |
| url | https://publikasi.dinus.ac.id/index.php/jpeb/article/view/8369 |
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