ANALISIS TEORI HEXAGON FRAUD SEBAGAI PENDETEKSI FINANCIAL STATEMENT FRAUD

Abstract

This research aims to detect the fraud potency of financial statements with hexagon fraud theory which consisted
of pressure, opportunity, rationalization, capability, arrogance, and collusion. Moreover, the sixth element was
measured with the variables of the financial target, financial stability, external pressure, ineffective monitoring,
nature of the industry, auditor change, director change, political connection, and cooperation projects with the
government. Meanwhile, the financial statement fraud was measured with the F-Score Model. The research
method is a quantitive approach. Furthermore, the research sample was obtained with the purposive sampling
method, i.e., a sample selection with certain criteria given. Based on the purposive sampling method it obtained
65 samples from 13 BUMN companies listed on Indonesia Stock Exchange during the 2016-2020 periods.
Moreover, the research analysis method used multiple linear regression with the SPSS program 25 version. The
research result showed that external pressure and nature of the industry had a negative effect on the fraud of
financial statements. Meanwhile, financial target, financial stability, ineffective monitoring, auditor change,
director change, political connection, and cooperation projects with the government did not affect the fraud of
financial statements.