The Influence Of Fraud Hexagon On Financial Statement Fraud

This study aims to examine the effect of fraud hexagon (pressure, opportunity, rationalization, capability, ego, and collusion) in detecting financial statement fraud. The fraud hexagon element is measured by the financial target variable of changing directors, political connections, industry characteristics, auditor changes, CEO concurrent positions. The population of this study are manufacturing companies listed on the Indonesia Stock Exchange (IDX) in 2019-2021. The sampling technique used purposive sampling with certain criteria and obtained 52 companies. The data analysis method used is multiple linear regression. The results showed that financial targets, change of directors, and CEO concurrent positions had a positive and significant effect. While political connections and auditor turnover have a negative and insignificant effect.