Fraud Detection in Financial Reporting Using Hexagon Fraud Theory (Empirical Study of State-Owned Enterprises Listed on the IDX for the Period 2017-2022)

This study aims to prove the dimensions of the fraud hexagon measured by pressure, opportunity, rationalization, capability, arrogance and collusion on fraud in the preparation of financial reports in state-owned companies listed on the Indonesia Stock Exchange. The data used is from 2017 to 2022. To obtain the right sample size, a purposive sampling technique was used, where 16 companies were selected. The data analysis method used is panel data regression and t-statistic testing. In accordance with the results of the hypothesis test, it was found that pressure, opportunity and arrogance had a significant effect on financial statement fraud, while rationalization, capability and collation did not have a significant effect on financial statement fraud in state-owned companies listed on the Indonesia Stock Exchange.