PENDETEKSIAN FINANCIAL STATEMENT FRAUD DALAM PERSPEKTIF FRAUD TRIANGLE (Studi Empiris pada Perusahaan property, real estate, and building construction yang Terdaftar di Bursa Efek Indonesia Periode 2013-2017)

Abstract

The aim of this study is to obtain empirically evidence about the effect of fraud triangle elements to the financial statement fraud. In this research, pressure is formed by the four dimension which is financial stability, external pressure, personal financial need, dan financial targets. While the opportunity formed by three dimention that is nature of industry, ineffective monitoring, dan organizational structure and then rationalization. While financial statement fraud formed by proxy Beneish M-score. Population in this research are property, real estate, and building construction companies listed on the Indonesian Stock Exchange period 2013-2017, in total 49 companies for five years and then total 245 companies. Samples were selected using purposive sampling. The data used in this study was analyzed using Structural Equation Model (SEM) with a model approach Partial Least Square (PLS). PLS analysis performed using software SmartPLS 3.0. The test results in this study obtain empirical evidence that the pressure and opportunity don’t effect on financial statement fraud. Whereas, rationalization significantly positive effect on the financial statement fraud.