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Journal

Fraudulent Financial Statements at Sharia Banks

Accounting Analysis Journal · Vol. 8 No. 3 (2020) · pp. 198–206

DOI
10.15294/aaj.v8i3.33625
ISSN
2502-6216, 2252-6765
Published
2020-04-08
Publisher
Universitas Negeri Semarang
Language
eng

Abstract

This study aims to analyze the determinants of fraudulent financial statements in the perspective of crowe’s fraud pentagon theory at Sharia Commercial Banks in Indonesia. The population of this study was Sharia Commercial Banks in Indonesia with observation period in 2015-2018. Samples are selected by using purposive sampling method. Analysis of research data used panel data regression analysis. The results of this study indicate that sharia compliance, change in director and frequent number of CEO's picture have a positive and significant effect on fraudulent financial statements. This study also finds that financial stability, financial target, and effective monitoring have no significant effect on fraudulent financial statements. Sharia Commercial Banks are advised not to make changes to the composition of the board of directors within a short span of time so that financial fraud can be minimized. The weakness of this research is that there is a pressure condition in the element of the crowe’s fraud pentagon theory that has not been studied. The addition of research objects from several different countries as well as extending the period of observation is also recommended in order to obtain more accurate research results.

Collaboration network of the authors

31 authors · 100 co-authorship links

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  • Universitas Yudharta Pasuruan
  • Affiliation unknown
  • Different organisations
  • Same organisation
  • Affiliation unknown
  • Thicker line = more joint articles · bigger circle = more articles
Show as table
Co-authorOrganisationJoint articles
Ahmad NurkhinAffiliation unknown6
S MartonoAffiliation unknown3
Indah AnisykurlillahAffiliation unknown3
Indah Fajarini Sri WahyuningrumAffiliation unknown2
FachrurrozieAffiliation unknown2
Muhsin MuhsinAffiliation unknown2
Mendi Sri HartatiAffiliation unknown1
Ria SafitriAffiliation unknown1
Bayu Bagas HapsoroAffiliation unknown1
Prabowo Yudo JayantoAffiliation unknown1
Hamzah GymnastiarAffiliation unknown1
KardoyoAffiliation unknown1
Teguh Hardi RaharjoAffiliation unknown1
KusumantoroAffiliation unknown1
WidiyantoAffiliation unknown1
SulhadiAffiliation unknown1
Kusumantoro KusumantoroAffiliation unknown1
Kardoyo KardoyoAffiliation unknown1
Amir MahmudUniversitas Yudharta Pasuruan1
Nurdian SusilowatiAffiliation unknown1
Nurul HayatiAffiliation unknown1
Satsya Yoga BaswaraAffiliation unknown1
Anna Kania WidiatamiAffiliation unknown1
Junjung SugiyatAffiliation unknown1
Abdul RohmanAffiliation unknown1
Christian Wiradendi WolorAffiliation unknown1
Fachrurrozie FachrurrozieAffiliation unknown1
Asrori AsroriAffiliation unknown1
Prabowo Yudo JayantoAffiliation unknown1

Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.

Metadata source: OAI-PMH (metadata jurnal) https://journal.unnes.ac.id/sju/index.php/aaj/oai, first harvested 5 Nov 2026, last seen 5 Nov 2026.
Original metadata (oai_dc) 
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	<dc:title xml:lang="en-US">Fraudulent Financial Statements at Sharia Banks</dc:title>
	<dc:creator>Uciati, Neni</dc:creator>
	<dc:creator>Mukhibad, Hasan</dc:creator>
	<dc:description xml:lang="en-US">This study aims to analyze the determinants of fraudulent financial statements in the perspective of crowe’s fraud pentagon theory at Sharia Commercial Banks in Indonesia. The population of this study was Sharia Commercial Banks in Indonesia with observation period in 2015-2018. Samples are selected by using purposive sampling method. Analysis of research data used panel data regression analysis. The results of this study indicate that sharia compliance, change in director and frequent number of CEO's picture have a positive and significant effect on fraudulent financial statements. This study also finds that financial stability, financial target, and effective monitoring have no significant effect on fraudulent financial statements. Sharia Commercial Banks are advised not to make changes to the composition of the board of directors within a short span of time so that financial fraud can be minimized. The weakness of this research is that there is a pressure condition in the element of the crowe’s fraud pentagon theory that has not been studied. The addition of research objects from several different countries as well as extending the period of observation is also recommended in order to obtain more accurate research results.</dc:description>
	<dc:publisher xml:lang="en-US">Universitas Negeri Semarang</dc:publisher>
	<dc:date>2020-04-08</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:type xml:lang="en-US">Peer-reviewed Article</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://journal.unnes.ac.id/sju/aaj/article/view/33625</dc:identifier>
	<dc:identifier>10.15294/aaj.v8i3.33625</dc:identifier>
	<dc:source xml:lang="en-US">Accounting Analysis Journal; Vol 8 No 3 (2019): November; 198-206</dc:source>
	<dc:source>2502-6216</dc:source>
	<dc:source>2252-6765</dc:source>
	<dc:source>10.15294/aaj.v8i3</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://journal.unnes.ac.id/sju/aaj/article/view/33625/15832</dc:relation>
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