What type of study is this?

This is a Panel Data Analysis study.

September 10, 2025MAKSIMUMOpen Access

Financial Statement Fraud and the Fraud Pentagon Theory: Evidence from Indonesia’s Public Sector

View Full Paper

Ask AI

Bookmark

Authors

Panel data analysis reveals financial stability increases fraudulent reporting likelihood, highlighting fraud pentagon theory implications.

Financial stability significantly increases the likelihood of fraudulent reporting in state-owned enterprises.
Panel regression indicates financial pressure as a key driver of earnings manipulation during 2019–2023.
The study utilizes panel data from 25 Indonesian state-owned enterprises listed on the IDX.
Findings suggest limited predictive value of traditional governance indicators for fraud detection.

Rahma et al. (2023) studied this question.

View Full Paper

Ask AI

Bookmark

Panel data analysis reveals financial stability increases fraudulent reporting likelihood, highlighting fraud pentagon theory implications.