EARNING MANAGEMENT EFFECT ON FINANCIAL STATEMENT FRAUD, WITH CORPORATE GOVERNANCE AS A MODERATING VARIABLE

Authors

  • Widanarni Pudjiastuti STIE Malangkucecwara, Indonesia
  • Fera Tjahjani STIE Malangkucecwara, Indonesia
  • Nanda Alivia Pratikasari STIE Malangkucecwara, Indonesia
  • Bunyamin Bunyamin STIE Malangkucecwara, Indonesia

DOI:

https://doi.org/10.29040/ijebar.v6i3.6433

Abstract

This study aims to explore the role of corporate governance as a moderating variable on the effects of earning management on financial statement fraud. The purposive sampling method was used to obtain 37 manufacturing multinational companies from Indonesia Stock Exchange (IDX) for the years 2018 – 2020. Moderated Regression Analysis (MRA) technique was used to test the Beneish M-score model. Earning management is proxied by discretionary accrual, and corporate governance is proxied by independent commissioners, managerial ownership, institutional ownership, and audit committee financial expertise. Earning management has a positive significant effect on financial statement fraud and audit committee financial expertise strengthens the effect of earning management on financial statement fraud. Meanwhile, independent commissioner, managerial ownership, and institutional ownership could not moderate earning management to financial statement fraud. The audit committee variable strengthened the relationship between earnings management and financial statement fraud, therefore, for further research employ the ethics of the audit committee as an additional variable.

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Published

2022-09-30

How to Cite

Pudjiastuti, W., Tjahjani, F., Pratikasari, N. A., & Bunyamin, B. (2022). EARNING MANAGEMENT EFFECT ON FINANCIAL STATEMENT FRAUD, WITH CORPORATE GOVERNANCE AS A MODERATING VARIABLE. International Journal of Economics, Business and Accounting Research (IJEBAR), 6(3), 2099–2108. https://doi.org/10.29040/ijebar.v6i3.6433

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Vol. 6 No. 3 (2022): IJEBAR, Vol. 6 Issue 3, September 2022

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