Analisis Hubungan Financial Stability, Nature of Industry, Total Accruals, Change in Directors, dan CEO Pictures terhadap Fraudulent Financial Reporting pada Perusahaan Sektor Finansial yang Terdaftar di Bursa Efek Indonesia Tahun 2021–2024

Abstract

This study examines the influence of Financial Stability, Nature of Industry, Total Accruals, Change in Directors, and CEO Pictures on Fraudulent Financial Reporting (FFR) in financial sector companies listed on the Indonesia Stock Exchange during the 2021–2024 period. The approach used is quantitative with a binary logistic regression model. The type of data used is secondary data accessed online through the official website of the Indonesia Stock Exchange and through the company's official website. The data was processed with SPSS 25 statistical software. The results show that Financial Stability has a significant positive effect on FFR, Nature of Industry and Change in Directors have a negative effect, while Total Accruals and CEO Pictures have no statistically significant effect on FFR. These findings contribute to the understanding of factors that encourage fraudulent financial reporting in the Indonesian financial sector and support the development of the Fraud Pentagon Theory model as an analytical framework. This study recommends improving internal oversight and evaluating elements that have the potential to increase Fraudulent Financial Reporting.