ANALYSIS OF INDICATIONS OF FINANCIAL STATEMENT FRAUD IN TECHNOLOGY COMPANIES IN INDONESIA USING THE FRAUD PENTAGON THEORY
Keywords:
Financial Statement Fraud, Fraud Pentagon, Technology CompaniesAbstract
Financial statements often become objects of financial fraud. The driving factors of financial statement fraud are pressure, opportunity, rationalization, capability, and arrogance, which are known as the fraud pentagon. The purpose of this study is to obtain empirical evidence of the effect of the fraud pentagon on financial statement fraud. The sample was selected using purposive sampling from 2021–2024, resulting in 68 observations. The data analysis technique used panel data regression. The results of the analysis show that financial stability, financial target, ineffective monitoring, and change in auditor have no effect on financial statement fraud. Meanwhile, nature of industry, change in director, and the frequent number of the CEO’s picture have a positive effect on financial statement fraud. The results of this study support agency theory, which explains the existence of differences in interests between principals and agents, thereby potentially giving rise to fraudulent behavior.
Downloads
References
2001. Pernyataan Standar Auditing (PSA) No. 70: Pertimbangan atas Kecurangan dalam Audit Laporan Keuangan. Jakarta: IAI
Abbas, M. T., & Laksito, H. (2022). Analisis Determinan Kecurangan Laporan Keuangan Menggunakan Perspektif Fraud Diamond Theory (Studi Kasus pada Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2018-2020). Diponegoro Journal of Accounting, 11(4), 1–15.
Abidin, F. I. N., Firana, R. A., & Biduri, S. (2025). Fraud Pentagon in Detecting Financial Statement Fraud. International Journal of Economic Integration and Regional Competitiveness, 2(2), 84–98. https://doi.org/10.61796/ijeirc.v2i2.324
Achmad, T., Ghozali, I., & Pamungkas, I. D. (2022). Hexagon Fraud: Detection of Fraudulent Financial Reporting in State-Owned Enterprises Indonesia. Economies, 10(1). https://doi.org/10.3390/economies10010013
Achmad, T., Ghozali, I., & Pamungkas, I. D. (2022). Hexagon Fraud: Detection of Fraudulent Financial Reporting in State-Owned Enterprises Indonesia. Economies, 10(1), 1–16. https://doi.org/10.3390/economies10010013
AICPA. (2017). Consideration of fraud in a financial statement construction contractors: 175–88.
Akhyaar, K., Purwantini, A. H., Afif, N., & Prasetya, W. A. (2022). Pengaruh Kepatuhan Pelaporan Keuangan, Sistem Pengendalian Internal, dan Whistleblowing System Terhadap Pencegahan Fraud Pengelolaan Dana Desa. KRISNA: Kumpulan Riset Akuntansi, 202-207.
Alfiyani, S. A., & Susanto, A. (2022). Pengaruh Fraud Triangle Terhadap Financial Statement Fraud. Jurnal Aset (Akuntansi Riset), 14(1), 14–23. https://ejournal.itbwigalumajang.ac.id/index.php/asset/article/view/844/482
Annisa, N., & Kuntadi, C. (2024). Faktor-Faktor Yang Mempengaruhi Kecurangan Laporan Keuangan Dengan AnalisisFraud Triangle (Studi Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia).
Anisykurlillah, I., Ardiansah, M. N., & Nurrahmasari, A. (2023). Fraudulent Financial Statements Detection Using Fraud Triangle Analysis: Institutional Ownership as A Moderating Variable. Accounting Analysis Journal, 11(2), 138–148. https://doi.org/10.15294/aaj.v11i2.57517
Anwar, M., Zakaria, A., & Musyaffi, A., (2025). Pengaruh Fraud Pentagon dalam Mendeteksi Kecurangan Laporan Keuangan pada Perusahaan BUMN, Vol. 6, No. 1, hal 69-86
Aprilia, S. R. N. A., & Furqani, A. (2021). Deteksi Kecurangan Laporan Keuangan Dengan Metode Fraud Diamond Pada Perusahaan Jasa. Journal of Accounting and Financial Issue (JAFIS), 2(2), 1–11. https://doi.org/10.24929/jafis.v2i2.1661
Aprilia. 2017. Analisis Pengaruh Fraud Pentagon Terhadap Kecurangan Laporan Keuangan Menggunakan Beneish Model Pada Perusahaan Yang Menerapkan ASEAN Corporate Governance Scorecard. Universitas Trisakti. Jurnal Akuntansi Riset, Vol 6, No 1, 2017: 96 -126, Jakarta.
Apsari, M. R., Supardi, Z. A. I., Puspitawati, R. P., & Budiyanto, M. (2023). Improving Problem-Solving Skills With Problem-Based Learning Models in Optical Wave Courses. International Journal of Current Educational Research, 2(1), 27–38. https://doi.org/10.53621/ijocer.v2i1.206
Ardiana, T. E., & Sugianto, L. O. (2020). The Influence Of Financial Reporting Compliance, Government Personnel Competency Towards Fraud Prevention In Village Fund Management (Case Study In Kecamatan Siman Kabupaten Ponorogo). International Journal of Economics, Business and Accounting Research (IJEBAR), Vol-4(4), 1265-1275 , E-ISSN: 2614-1280 P-ISSN 2622-4771.
Arifin, F., & Rachmawati, Y. (2022). Pengaruh Financial Target, Pergantian Auditor Terhadap Financial Statement Fraud Dengan Pergantian Direksi Sebagai Variabel Intervening Pada Industri Perbankan Indonesia. Jurnal Kompetitif, 11(2), 75–86. http://www.univ-tridinanti.ac.id/ejournal/index.php/ekonomi/index
Association of Certified Fraud Examiners Indonesia. (2016). Survai Fraud Indonesia 2016. https://www.acfe-indonesia.or.id/wp-content/uploads/2017/07/SURVAI-FRAUD-INDONESIA-2016_Final.pdf
Association of Certified Fraud Examiners. (2020). Report to the Nations: 2020 Global Study on Occupational Fraud and Abuse. https://legacy.acfe.com/report-to-the-nations/2020/
Association of Certified Fraud Examiners. (2022). Occupational Fraud 2022: A Report to the Nations. https://acfepublic.s3.us-west-2.amazonaws.com/2022+Report+to+the+Nations.pdf
Bachtiar, A. (2023). Pengujian Model Fraud Hexagon Dalam Memprediksi Kemungkinan Kecurangan Laporan Keuangan: Studi Empiris Perusahaan Pertambangan yang terdaftar di Bursa Efek Indonesia Periode 2014-2019. Fakultas Ekonomi dan Bisnis Universitas Gadjah Mada, 40-50.
Basuki, T., & Prawoto. (2016). Analisis Regresi dalam penelitian Ekonomi dan Bisnis: Dilengkapi Aplikasi SPSS dan Eviews. Jakarta: PT Raja Grafindo Persada.
Beneish. (1999). The Detection of Earnings Manipulation. Financial Analysts Journal, 24-36.
Bifadli, I., Hardi, H., & Putra, F. (2023). Deteksi Financial Statement Fraud Dengan Analisis Fraud Hexagon. Jurnal Akuntansi Bisnis, 16(2), 112. https://doi.org/10.30813/jab.v16i2.3585
Cahyanti, D. (2020). Analisis Fraud Pentagon Sebagai Pendeteksi Kecurangan Terhadap Laporan Keuangan Wahidahwati Sekolah Tinggi Ilmu Ekonomi Indonesia (STIESIA) Surabaya.
Chandra, J. N., & Mulyani. (2024). Faktor Potensial yang Berpengaruh terhadap Kecurangan Laporan Keuangan. Jurnal Akuntansi, 13(1). 65- 75.
Chandra, N., & Suhartono, S. (2020). Analisis Pengaruh Fraud Diamond dan Good Corporate Governance Dalam Mendeteksi Kemungkinan Terjadinya Fraudulent Financial Statement. Jurnal Bina Akuntansi. 7(2), 175–207.
Cressey, D. (1953). Other people’s money, dalam: “Detecting and Predicting Financial Statement Fraud: The Effectiveness of The Fraud Triangle and SAS No. 99, Skousen et al. 2009. Journal of Corporate Governance and Firm Performance. Vol. 13 h. 53-81
Dasman, S., & Nida, N. (2022). Dampak Kondisi Industri dan Pergantian Auditor terhadap Kecurangan Laporan Keuangan. Jesya (Jurnal Ekonomi Dan Ekonomi Syariah), 5(2), 1930-1941. https://doi.org/https://doi.org/10.36778/jesya.v5i2.771
Dechow, P.M., R.G. Sloan, & A.P. Sweeney (Spring 1996), “Causes and Consequences of Earnings Manipulation: Analysis of Firms Subject to Enforcement Actions by The SEC”, Contemporary Accounting Research, page 1-36.
Dewi, C. K., & Yuliati, A. (2022). Pengaruh Fraud Hexagon Terhadap Kecurangan Laporan Keuangan (Studi Empiris Pada Perusahaan Makanan dan Minuman Yang Terdaftar di BEI). Jurnal Riset Terapan Akuntansi, 6(2), 115–128.
Dewi, I. S. (2021). Kecurangan Laporan Keuangan Dalam Perspektif Fraud Triangle. Jurnal Ilmiah Akutansi Dan Ekonomi, 6(2), 16–27.
Dhini Permatasari, & Saring Suhendro. (2025). Heptagon Fraud: Detecting Financial Statement Fraud in Indonesia’s Consumer Goods Manufacturing Industry. International Journal of Economics and Management Research, 4(1), 275–287.
Eisenhardt, K.M. 1989. Agency Theory: An Assesment and Review, Academy of Management Review. Vol. 14. No. 1: 57-74.
Fadhilah, A. S. N., & Ritonga, F. (2025). Pengaruh Financial Stability dan Nature of Industry terhadap Financial Statement Fraud. 187 Journal of Information System, Applied, Management, Accounting and Research, 9(1), 187–197. https://doi.org/10.52362/jisamar.v9i11722
Fuad, K., Lestari, A. B., & Handayani, R. T. (2020). Fraud Pentagon as a Measurement Tool for Detecting Financial Statements Fraud. 115(Insyma), 85–88. https://doi.org/10.2991/aebmr.k.200127.017
Gede Prema Utama, I., & Adi Yuniarta, G. (2020). Pengaruh Ineffective Monitoring, Komitmen Organisasi, Kultur Organisasi, Perilaku Tidak Etis Terhadap. Jurnal Ilmiah Mahasiswa Akuntansi) Universitas Pendidikan Ganesha, 11(3), 630–639.
Ghozali, imam. 2011. “Aplikasi analisis Multivariate dengan Program SPSS. Semarang: Badan Penerbit Universitas Diponegoro.
Ginting, D. B., & Daljono. (2023). Analisis Pengaruh Fraud Hexagon Terhadap Fraudulent Financial Reporting Menggunakan Metode Beneish M-score. Diponegoro Journal of Accounting, 2-6.
Gujarati, N. D., & D. C. Porter. 2013. Dasar-Dasar Ekonometrika. Buku 1 Dan Buku 2 Edisi 5. Penerjemah: Raden Carlus Mangunsong. Edisi 5. Jakarta: Salemba Empat.
Harahap, A. R. (2022). Pengaruh Fraud Triangle Terhadap Fraudulent Financial Reporting. Owner: Riset dan Jurnal Akuntansi, 6(1), 158–167. https://owner.polgan.ac.id/index.php/owner/article/view/1296/846
Harymawan, I., & Nurillah, D. (2017). Do reputable companies produce a high quality of financial statements? Asian Journal of Accounting Research, 2, 1–7. https://doi.org/10.1108/AJAR-2017-02-02-B001
Harymawan, I., & Nurillah, D. (2017). Do reputable companies produce a high quality of financial statements? Asian Journal of Accounting Research, 2, 1–7. https://doi.org/10.1108/AJAR-2017-02-02-B001
Hasna, D. A., & Novianti, N. (2024). The Effect of Hexagon Fraud Theory on Financial Statement Fraud with Audit Committee As a Moderating Variable. Asia Pacific Fraud Journal, 9(2), 295–307.
Hemarizki, L. C., Wijaya, T., & Kunci, K. (2024). Pengaruh Financial Stability, External Pressure, Financial Target & Personal Financial Needs Terhadap Financial Statement Fraud. MDP Student Conference, 3(2), 775–783.
Herdjiono, I., & Kabalmay, B. N. (2021). Can the Fraud Triangle Detect Financial Statement Fraud? An Empirical Study of Manufacturing Companies in Indonesia. Journal of Corporate Finance Research, 15(3), 28–38. https://doi.org/10.17323/j.jcfr.2073-0438.15.3.2021.28-38
Honesty, H. N., Honesty, F. F., & Setiawan, M. A. (2024). Financial statement fraud analysis: Financial stability, external pressure and auditing quality. Jurnal Riset Akuntansi dan Bisnis Airlangga, 9(1), 45–58. https://doi.org/10.20473/jraba.v9i1.57261
Huang, M., Anggrainy, S., Go, T., Calista, V., Rahmi, N. U., & Yulisfan, Y. (2025). Pengaruh Financial Target, External Pressure, Financial Stability, Auditor Switch Dan Change Of Director Terhadap Tindakan Kecurangan Yang Terjadi Pada Laporan Keuangan. Management Studies and Entrepreneurship Journal (MSEJ), 6(3), 1866–1875. https://doi.org/10.37385/msej.v6i3.7574
Hutagalung, V. T. R., Wanialisa, M., Indriaty, L., & Efendi, J. (2024). Pengaruh Financial Stability, Nature Of Industry, Dan Rationalization Terhadap Kecurangan Laporan Keuangan. IKRAITH-EKONOMIKA, 7(3), 166-175. https://doi.org/10.37817/ikraith-ekonomika.v7i3.4262
Intan Tia, Y., Saepul Rahman, R., & Tinggi Ilmu Ekonomi Pasundan Bandung, S. (2024). The Influence of Financial Stability and Financial Targets On Financial Report Fraud for the Period 2019-2022 (Empirical Study on Manufacturing Companies in the Consumer Sector Listed on the Indonesia Stock Exchange). Acman: Accounting and Management Journal, 4(2), 132–144. https://doi.org/10.55208/aj
Jannah, V. M., Andreas, & Rasuli, M. (2021). Pendekatan Vousinas Fraud Hexagon Model dalam Mendeteksi Kecurangan Pelaporan Keuangan. Studi Akuntansi dan Keuangan Indonesia, 4-6.
Kuncoro, M. (2013). Metode Riset Untuk Bisnis dan Ekonomi. Erlangga: Jakarta.
Kusuma, A. N., & Kristanti, F. T. (2022). Fraud Pentagon dan Kecurangan Laporan Keuangan. Jurnal Ilmiah Administrasi Publik dan Pembangunan, 13(4), 1231–1242. https://jptam.org/index.php/jptam/article/view/4766/4039.
Larasati, T., Wijayanti, A., & Maulana, A. (2020). Keahlian Keuangan Komite Audit dalam Memoderasi Pengaruh Fraud Triangle Terhadap Kecurangan Laporan Keuangan. Jurnal Syntax Transformation, 1(8), 541–553.
Lastanti, H. S. (2020). Role of Audit Committee in The Fraud Pentagon and Financial Statement Fraud. International Journal of Contemporary Accounting, 2(1). 77-93.
Loebbecke, J., M. Eining. & J. Willingham. 1989. Auditor’s experience with material irregularities: frequency, nature, and detestability. Auditing: A Journal of Practice and Theory 9 (1).
Maranatal, L., & Ratmono, D. (2017). Analisis Faktor-Faktor Yang Mempengaruhi Kepatuhan Terhadap SAP Oleh Pemerintah Daerah. Diponegoro Journal Of Accounting, 1-12.
Maryadi, A. D., Midiastuty, P. P., Suranta, E., & Robiansyah, A. (2020). Pengaruh Fraud Pentagon dalam Mendeteksi Fraudulent Financial Reporting. Jurnal Akuntansi, Keuangan, Dan Manajemen (Jakman), 2(1), 13–25. https://www.penerbitgoodwood.com/index.php/Jakman/article/view/104.
Nurjanah, C., Foster, B., & Musadat, I. A. (2025). The Effect of Financial Targets and Financial Stability on Financial Statement Fraud in The Mining Sector Registered in Lq-45 For The 2019-2023 Period. Business and Social Science (IJEMBIS) Peer Reviewed-International Journal, 5(2), 129–137. https://doi.org/10.59889/ijembis.v4i1.454
Nuryana, Y., Erfand, E., & Pupus Indriani, Y. (2024). The Influence of Financial Stability and Ineffective Monitoring on Financial Statement Fraud in Manufacaturing Companies. 13(2), 73–90.
Octaviana, N. (2022). Analisis Elemen-Elemen Fraud Hexagon Theory Sebagai Determinan Fraudulent Financial Reporting. Jurnal Akuntansi, 11(2), 106– 121. https://doi.org/10.46806/ja.v11i2.895
Prasetiya, Y. A., & Siagian, A. (2022). Pengaruh Fraud Pentagon Terhadap Kecurangan Laporan Keuangan. Jurnal Akuntansi, 8(2), 77–92. https://jurnal.kwikkiangie.ac.id/index.php/JA/article/view/895/633
Preicilia, C., Wahyudi, I., & Preicilia, A. (2022). Analisa kecurangan laporan keuangan dengan perspektif teori Fraud Hexagon. Fair Value: Jurnal Ilmiah Akuntansi Dan Keuangan, 5(3), 1467–1479. https://doi.org/10.32670/fairvalue.v5i3.2476
Pramurza, Dede. (2024). Pengaruh External Pressure, Financial Target, Ineffective Monitoring dan Rationalization terhadap Financial Statement Fraud pada Industri Food And Beverages yang Terdaftar di BEI Tahun 2020-2022. AKUNTANSI 45. 5. 627-642. 10.30640/akuntansi45.v5i2.3385.
Putra, D. W., & Pranata, M. F. (2023). Pengaruh Fraud Diamond Terhadap Financial Statement Fraud. Jurnal Akuntansi dan Keuangan Publik (JAKPG), 9(1), 35–44. https://journal.ppmi.web.id/index.php/jakpg/article/view/1964
Putra, M. A., & Achmad, T. (2024). The Inuence of Hexagon Fraud Theory on Fraudulent Financial Reporting: The Moderating Role of the Audit Committee. Journal of Ecohumanism, 3(8), 7980–7998. https://doi.org/10.62754/joe.v3i8.5420.
Putri, Aprilia & Anam, Hairul & Trifina, Butet. (2025). Pengaruh Stabilitas Keuangan, Ineffective Monitoring, Pergantian Auditor, Pergantian Dewan Direksi Terhadap Indikasi Kecurangan Laporan Keuangan pada Perusahaan Energi yang Terdaftar di BEI Priode 2022-2023. El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam. 6. 10.47467/elmal.v6i3.6924.
Putri, S. N. A., & Rosidi. (2022). Fraud Triangle dan Implikasinya Terhadap Financial Statement Fraud. Jurnal Riset Akuntansi Terpadu, 15(1), 106–117. https://jurnal.untirta.ac.id/index.php/JRAT/article/view/12694/7794
Rahardika, H., Permata, R. A., Anggianni, R. H., & Mulyantini, S. (2022). Review Analisis Determinan Harga Saham Perusahaan Sektor Teknologi. Jurnal Ilmiah Manajemen Dan Kewirausahaan, 1(1), 8–23. https://doi.org/10.55606/jimak.v1i1.135
Setiawan, K., & Trisnawati, I. (2022). Factors that affect fraudulent financial reporting. Media Bisnis, 14(2), 189-208.
Setyono, D., Hariyanto, E., & Sri Wahyuni, B. C. (2023). Penggunaan Fraud Hexagon dalam Mendeteksi Kecurangan Laporan Keuangan. Owner, 1040-1048.
Shodiq, M. J., Ermawati, E., Rosalina, R., & Khatamy, A. A. (2025). Investigating financial reporting fraud using fraud pentagon theory to strengthen governance and transparency. Jurnal Ilmiah Akuntansi Kesatuan, 13(2), 245–260
Shu, S. Z. (2000) “Auditor resignations: clientele effects and legal liability”. Journal of Accounting and Economics. 29(2), 173 – 205
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 Volume 03 NO. 02 ISSN (Online) 2337-3806, 1-12.
Sinensis, Z. R., & Fuad. (2024). Applicability Audit Committee On Detecting Financial Statement Fraud Using Diamond Theory. Jurnal Akademi Akuntansi, 7(4), 508–522. https://doi.org/10.22219/jaa.v7i4.36599
Siregar, D. M., & Sipayung, H. D. (2022). Pengaruh Fraud Triangle Terhadap Kecurangan Laporan Keuangan. Jurnal Ilmiah Akuntansi Kesatuan (JIAKES), 10(2), 224–234. https://jurnal.ibik.ac.id/index.php/jiakes/article/view/3280/2418
Sitoresmi, D., Fakhruddin, I., Fitriati, A., & Setyadi, E. J. (2024). Pengaruh Fraud Pentagon Theory Dalam Mendeteksi Fraudulent Financial Reporting Dengan F-Score Model. Owner, 8(4), 4341–4352. https://doi.org/10.33395/owner.v8i4.2294
Skousen, C. J., Smith, K. R., & Wright, C. J. (2009). Detecting and predicting financial statement fraud: The effectiveness of the fraud triangle and SAS No. 99. Advances in Financial Economics, in: Corporate Governance and Firm Performance, (pp. 53-81), Emerald Group Publishing Limited.
Stice, J.D. 1991. Using Financial And Market Inform Ation To Identify PreEngagements Factors Associated With Lawsuits Against Auditors. The Accounting Review, pp: 516-533.
Subiyanto, B., Pradani, T., & Divian, D. T. N. (2022). Influence of External Pressure, Financial Stability, and Financial Target on Fraud Financial Reporting. BIRCIJournal: Budapest International Research and Critics Institute-Journal, 21, 12012– 12021. https://bircujournal.com/index.php/birci/article/view /5035
Sudarmanto, E., Hidayat, I., Hakim, M. Z., Novitasari, A. R., Afifah, A. M., & Yolanda, P. (2024). How Does The Audit Committee Detect Fraud? IJAMESC, 2(5), 1876–1893.
Sugiyono. (2019). Metode Penelitian Dan Pengembangan Research Dan Development. Bandung: Alfabeta
Summers, S., & J. Sweeney. 1998. Fraudulently misstated financial statements and insider trading: An Empirical analysis. The Accounting Review 73 (1): 131-146.
Supriatiningsih, Taqi, M., Uzliawati, L., & Muchlish, M. (2024). Determinants of the Triangle Model on Fraud Financial Reporting With Institutional Ownership As A Moderation Variable. Economic Studies Journal, 33(4), 75–89.
Suripto, S., & Karmilah, K. (2021). The Influence Of Audit Committee and Fraud Diamond on Fraudulent Financial Statement in Manufacturing Companies of Various Industies Sector Listed on The Indonesia Stock Exchange. International Journal of Economics, Business and Accounting Research (IJEBAR), 5(3), 1728–1749.
Tia, Y & Rahman, R. (2025). The Influence of Financial Stability and Financial Targets On Financial Report Fraud for the Period 2019-2022: Empirical Study on Manufacturing Companies in the Consumer Sector Listed on the Indonesia Stock Exchange. Journal Acman: Accounting and Management Journal
Wangi, R. S. L., Setiono, H., & Isnaini, N. F. (2024). Pengaruh Elemen Fraud Hexagon dan Karakteristik CEO terhadap Financial Statement Fraud. Anggaran: Jurnal Publikasi Ekonomi Dan Akuntansi, 2(3), 1–10. https://doi.org/10.61132/anggaran.v2i3.851
Waqidatun, A. F., Wijayanti, A., & Maulana, A. (2021). Nature of Industry, Ketidakefektifan Pengawasan, dan Kecurangan Laporan Keuangan: Moderasi Teknologi Informasi. Business Management, Economic, and Accounting National Seminar, 65-79.
Wareza, M. (2019, March 29). Tiga Pilar dan Drama Penggelembungan Dana. Retrieved from CNBC Indonesia: https://www.cnbcindonesia.com/market/20190329075353-17-63576/tiga- pilar-dan-drama-penggelembungan-dana
Wells, Joseph T. 2011. Fraud Handbook Prevention and Detection Third Edition. New York: John Wiley & Sons, Inc.
Wicaksono, A., & Suryandari, D. (2021). The Analysis of Fraudulent Financial Reports Through Fraud Hexagon on Public Mining Companies. Accounting Analysis Journal, 10(3), 220–228.
Widhiyani. (2025). The Influence of the Fraud Hexagon Theory Factors on the Financial Statement Fraud of Companies in the Transportation and Logistics Sector. International Journal of Management Research and Economics, 3(1), 456–477. https://doi.org/10.54066/ijmre-itb.v3i1.2923
Widodo, A., Yusiana, R., & Anggi, S. (2017). How E-marketing and Trust Influence Online Buying decision: A Case Study of Mataharimall.com in Bandung. Journal of Social Sciences & Humanities, 25(S), 107–114.
Wilantari, N. M., & Ariyanto, D. (2022). Determinan Fraud Hexagon Theory dan Indikasi Financial Statement Fraud. Fakultas Ekonomi dan Bisnis Universitas Udayana, 91-93.
Winarno Wing Wahyu. (2015). Analisis Ekonometrika dan Statistik dengan Eviews edisi 4. Jogjakarta: UPP STIM YKPN.
Wolfe, D. T., & Hermanson, D. R. (2004). The Fraud Diamond: Considering the Four Elements of Fraud: Certified Public Accountant’, The CPA Journal, 74(12), pp. 38–42. doi: DOI: raud Diamond: Considering the Four ElemWolfe, D. T. and Hermanson, D. R. The CPA Journal, 1–5.
Yanti, H. B., Mayangsari, S., Wiyono, S., Noor, I. N., Siregar, M., & Desiani, I. (2023). Prediction of Financial Reporting Fraud With Crowe’S Fraud Pentagon Model. Media Riset Akuntansi, Auditing & Informasi, 23(1), 183–202. https://doi.org/10.25105/mraai.v23i1.17293
Yanti, L. D., & Riharjo, I. B. (2021). Pendeteksi kecurangan pelaporan keuangan menggunakan fraud pentagon theory. Jurnal Ilmu Dan Riset Akuntansi, 10(5). http://jurnalmahasiswa.stiesia.ac.id/index.php/jira/article/view/3986
Yosran, & Irwansyah, D. (2018). Pengaruh Fraud Diamond Terhadap Kecurangan Laporan Keuangan. Jurnal Kajian Akuntansi, 2(2), 181–194. https://jkaa.bunghatta.ac.id/index.php/JKAA/article/view/143/79
Yustikasari, Y., & Sari, Y. P. (2024). Pengaruh Financial Stability, Ineffective Monitoring, Change In Auditor, Change In Director, And CEO Picture Terhadap Fraudulent Financial Statement. Monex Journal Research Accounting Politeknik Tegal, 13(01), 120–135. https://doi.org/10.30591/monex.v13i01.6194
Yuvin, V., & Sormin, Partogian. (2022). Pengaruh Fraud Pentagon dan Corporate
