Comparative Analysis Of Crowe’s Fraud Pentagon Theory On Fraudulent Financial Reporting

Abu Nizarudin; Ari Agung Nugroho; Duwi Agustina

doi:10.24912/ja.v27i1.1104

Authors

Abu Nizarudin Department of Accounting, Faculty of Economic, Universitas Bangka Belitung
Ari Agung Nugroho Department of Management, Faculty of Economic, Universitas Bangka Belitung Bangka Belitung-Indonesia
Duwi Agustina Department of Accounting, Faculty of Economic, Universitas Bangka Belitung

DOI:

https://doi.org/10.24912/ja.v27i1.1104

Keywords: Crowe’s Fraud Pentagon; Fraudulent Financial Statements; Manufacturing Companies; Indonesian Stock Exchange; Malaysian Stock Exchange.

Abstract

The fraud Pentagon is expected to be able to detect fraudulent financial statements more deeply because there is a component of arrogance that was not previously found in research using the fraud triangle and fraud diamond. The sample is manufacturing companies listed on the Indonesian and Malaysian Stock Exchanges with a total of 298 companies with an observation period of 2 years. The results show that the variables of pressure, opportunity, arrogance, and competence have no effect on financial statement fraud. From the paired sample t-test, it was found that there is an effect between manufacturing companies listed on the Indonesian and Malaysian Stock Exchanges. At the same time, the rationalization variable has an effect on financial statement fraud. From the results of the paired sample t-test, it was found that there was no difference in the effect between manufacturing companies listed on the Indonesian and Malaysian Stock Exchanges.

Author Biographies

Abu Nizarudin, Department of Accounting, Faculty of Economic, Universitas Bangka Belitung

abu_nizarudin@yahoo.com

Ari Agung Nugroho, Department of Management, Faculty of Economic, Universitas Bangka Belitung Bangka Belitung-Indonesia

rma1.agungnugroho@gmail.com

Duwi Agustina, Department of Accounting, Faculty of Economic, Universitas Bangka Belitung

whie_bect@gmail.com

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