%D 2025
%O Penelitian ini bertujuan menguji secara empiris dan menemukan kebaharuan faktor-faktor yang
mempengaruhi fraud laporan keuangan dengan menggunakan model SCCOREIG (Stimulus,
Capability, Collusion, Opportunity, Rationalization, Ego, Integrity, dan Greed), serta
dampaknya terhadap firm value, dengan reputasi sebagai variabel moderasi. Metode yang
digunakan adalah pendekatan kuantitatif dengan data panel dari perusahaan tambang yang
terdaftar di bursa Indonesia, Singapura, Malaysia, dan Thailand selama 2018–2023. Hasil
penelitian menunjukkan bahwa stimulus dengan proxia financial stability, opportunity dengan
proxi nature of industry,rationalization dengan proxi change of auditor, ego dengan proxiCEO
duality, serta integrity dengan proxi lack of integrity dan greed dengan proxi greed CEO,
semuanya berpengaruh positif terhadap fraud. Sebaliknya, capability (proporsi komisaris
independen) dan collusion (koneksi politik) tidak berpengaruh signifikan. Fraud terbukti
berdampak positif terhadap firm value dalam jangka pendek, meskipun dapat merusak
kepercayaan investor dalam jangka panjang. Reputasi terbukti memoderasi pengaruh fraud
terhadap nilai perusahaan, meskipun tidak sepenuhnya mampu meredam dampak negatifnya.
Kontribusi utama studi ini adalah pengembangan fraud Oktagon dengan model SCCOREIGdan
pengukuran baru untuk CEO greed menggunakan rasio gaji terhadap pendapatan. Penelitian ini
juga memperluas wawasan tentang dinamika fraud dalam konteks ASEAN yang memiliki
keragaman regulasi dan kondisi pasar modal.
%A Supriatiningsih Supriatiningsih
%K ASEAN, Financial Statement Fraud, Firm Value, SCCOREIG
ASEAN, Fraud laporan keuangan, Firm Value, SCCOREIG
%T FRAUD OKTAGON (SCCOREIG MODEL): PENCEGAHAN FRAUD
DAN DAMPAKNYA TERHADAP NILAI PERUSAHAAN PADA
SEKTOR PERTAMBANGAN DI ASEAN
%L eprintuntirta53016
%X This study aims to empirically test and find new factors that influence financial
statement fraud using the SCCOREIG model (Stimulus, Capability, Collusion,
Opportunity, Rationalization, Ego, Integrity, and Greed), and its impact on firm value,
with reputation as a moderating variable. The method used is a quantitative approach
with panel data from mining companies listed on the Indonesian, Singapore, Malaysia,
and Thailand stock exchanges during 2018–2023. The results of the study indicate that
stimulus with the proxy of financial stability, opportunity with the proxy of nature of
industry, rationalization with the proxy of change of auditor, ego with the proxy of
CEO duality, and integrity with the proxy of lack of integrity and greed with the proxy
of greed CEO, all have a positive effect on fraud. On the other hand, capability
(proportion of independent commissioners) and collusion (political connections) do not
have a significant effect. Fraud has been shown to have a positive impact on firm value
in the short term, although it can damage investor confidence in the long term.
Reputation has been shown to moderate the effect of fraud on firm value, although it is
not completely able to reduce its negative impact. The main contribution of this study
is the development of the Oktagon fraud and SCCOREIG model and a new
measurement for CEO greed using the pay-to-income ratio. This study also broadens
the insight into the dynamics of fraud in the ASEAN context with diverse regulations
and capital market conditions.
%I UNIVERSITAS SULTAN AGENG TIRTAYASA