Analysis of Fraudulent Financial Statement in Fraud Triangle Perspective (Study at Listed Companies in Indonesia Stock Exchange (BEI) in Period 2010-2014)

Abstract

This study aims to analyze fraudulent financial statement in fraud triangle perspective that form factor of pressure, opportunity, and rationalization. The population in this study are listed companies on the Indonesia Stock Exchange who received penalty from the Indonesia Financial Services Authority. Data were selected using purposive sampling techniques so acquired 13 sample companies over five years of research from 2010 to 2014. Technical analysis used logistic regression. The results showed partially that only the pressure factor was measured by changes in the value of assets had an influence on fraudulent financial statements. While the opportunity and rationalization factor had not influence on fraudulent financial statements.