Diamond Fraud Analysis In Detecting Financial Statement Fraud In Lq 45 Companies In Indonesia
Keywords:
Diamond Fraud, Financial Statement Fraud, Fraud Detection, LQ45Abstract
This study aims to empirically test the detection of financial statement fraud based on the Fraud Diamond theory in LQ45 companies listed on the Indonesia Stock Exchange (IDX) for the 2020–2024 period. The independent variables used include financial stability (ACHANGE), financial target (ROA), ineffective monitoring (BDOUT), auditor change (AUDCHANGE), and director change (DCHANGE), while the dependent variable is financial statement fraud. The sampling technique used was purposive sampling and produced 26 companies with a total of 130 observations. Data was obtained through documentation using secondary sources from the IDX's official website. Data analysis was carried out by multiple linear regression using SPSS v.26. The results of the study showed that partial financial stability, financial targets, ineffective monitoring, auditor changes, and director changes did not affect financial statement fraud. However, simultaneously, these five variables have a significant effect on financial statement fraud.
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