Pengaruh Financial Stability, Nature of Industry, dan Rationalization terhadap Kecurangan Laporan Keuangan pada Perusahaan yang Secara Konsisten Terdaftar dalam Indeks LQ45 di Bursa Efek Indonesia Periode 2021–2024

Abstract

This study aims to analyze the effect of financial stability, nature of industry, and rationalization on
financial statement fraud in non-financial companies consistently listed in the LQ45 Index on the
Indonesia Stock Exchange during 2021–2024. Financial statement fraud is measured using the Beneish
M-Score, while financial stability is measured by ACHANGE, nature of industry by REC, and
rationalization by TATA. This study uses a quantitative approach with secondary data from annual
financial statements. The sample was selected using purposive sampling, resulting in 14 companies with
56 observations. The data were analyzed using logistic regression with EViews 13. The results show
that rationalization has a significant effect on financial statement fraud, while financial stability and
nature of industry have no significant effect. These findings indicate that the level of accruals reflected in
TATA is associated with the possibility of financial statement fraud.