Determinants of Hexagon's Financial Statement Fraud in Consumer Goods Sector Manufacturing Companies Listed on the Indonesia Stock Exchange: Empirical Study on Consumption Sector Manufacturing Companies Listed on the Indonesia Stock Exchange 2019-2021

Abstract

The purpose of this study is to find out the analysis of hexagon fraud in detecting the potential for financial statement fraud in consumer goods sub-sector manufacturing companies listed on the Indonesia Stock Exchange in 2019-2021. This study uses a quantitative method with secondary data. The sample was selected using a purposive sampling technique, with the criteria being consumer goods sub-sector manufacturing companies listed on the Indonesia Stock Exchange in 2019-2021 which reported their financial statements. The number of samples in this study was 23 sample companies and proceed data was 69. The results of the study show that the Opportunity and Capability variables have a significant effect on the potential for fraudulent financial reporting. While Pressure, Rationalization, Arrogance, and Collusion do not affect financial statement fraud.