Pengaruh financial stability dan ineffective monitoring terhadap kecurangan laporan keuangan pada perusahaan farmasi yang terdaftar di BEI pada tahun 2019-2023

Authors

  • Tyara Regina Budiman Sam Ratulangi University
  • Herman Karamoy Sam Ratulangi University
  • Djeini Maradesa Sam Ratulangi University

DOI:

https://doi.org/10.58784/mbkk.375

Keywords:

financial stability, ineffective monitoring, financial statement fraud, fraud triangle

Abstract

This study examines the influence of financial stability and ineffective monitoring on financial statement fraud in pharmaceutical companies listed on the Indonesia Stock Exchange (IDX) during the 2019–2023 period. Using a quantitative approach with purposive sampling, 35 observations from seven companies were analyzed. Financial stability was measured by asset change (ACHANGE), ineffective monitoring was proxied by the proportion of independent commissioners (BDOUT), and financial statement fraud was assessed using the Beneish M-Score. Multiple regression analysis revealed that financial stability has a positive and significant effect on financial statement fraud, while ineffective monitoring has no significant effect. However, when tested simultaneously, both variables jointly have a significant impact on financial statement fraud, with a coefficient of determination (R²) of 21.9%. These findings support the fraud triangle theory, emphasizing financial pressure as a driver of manipulation, and highlight the importance of strengthening internal monitoring systems to mitigate fraud risk.

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Published

2025-09-18

How to Cite

Budiman, T. R., Karamoy, H., & Maradesa, D. (2025). Pengaruh financial stability dan ineffective monitoring terhadap kecurangan laporan keuangan pada perusahaan farmasi yang terdaftar di BEI pada tahun 2019-2023. Manajemen Bisnis Dan Keuangan Korporat, 3(2), 509–519. https://doi.org/10.58784/mbkk.375

Issue

Vol. 3 No. 2 (2025)

Section

Articles

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Copyright (c) 2025 Tyara Regina Budiman, Herman Karamoy, Djeini Maradesa

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