The Ability of the Beneish M-Score To Detect the Trends of Fraud in the Indonesian Sharia Stock Index
Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 01
Abstract
The purpose of this study is to determine the level of ability of the Beneish M-Score in detecting financial statement fraud tendencies. This study uses a quantitative approach with logistic regression analysis techniques. The results of this study provide empirical evidence that is different from research on manufacturing companies, state-owned companies, banking, mining, non-financial companies, property companies, real estate and building construction. The contribution of the empirical results of this study shows that overall the Beneish M-Score model is unable to detect the tendency of fraudulent financial statements in Islamic companies. DSRI, GMI, AQI, SGI, DEPI, SGAI, LVGI, and TATA has no effect on fraudulent financial statements in sharia companies.
Authors and Affiliations
Risky Mezi Muria, Mohammad Nizarul Alim, Prasetyono
Keywords
Related Articles
- EP ID EP730279
- DOI 10.47191/jefms/v7-i1-76
- Views 71
- Downloads 0
The Influence of Motivation and Compensation on Employee Performance at Pt Unisadhuguna with Job Satisfaction Mediation
This study aims to 1) determine the effect of motivation on employee performance, 2) determine the effect of compensation on employee performance, 3) determine the effect of motivation on employee job satisfaction, 4) de...
Critical Analysis of Problems and Solutions in Implementing an Effective and Fair Performance Management System
In the era of globalization, companies are faced with complex challenges that affect their operational efficiency and performance. Competitiveness and innovation are the keys to a company' s sustainability in the market....
Occupational Stress Management of Truck Drivers and its Effect on Road Safety: Evidence from Petroleum Tanker Drivers in Lagos State, Nigeria
The feeling of apathy among truck drivers regarding managing their health and work stress is endangering lives and properties on Lagos roads. The study examined occupational stress management of truck drivers and on road...
Development of the Determinants of Fraud in the Government Sector in Indonesia
This study aims to evaluate and document the development of research related to fraud in Indonesia so that it can become a literature review material for further analysis. This study uses the "Charting the Field" method...
Exploring the Mediating Effect of Social Media Perception on Green Beauty Products Purchase Intention: The Evidence from Indonesia
Amidst the growing beauty industry in Indonesia, several local beauty brands have embraced the theme of sustainable beauty or produced environmentally friendly beauty products to reduce pollution impact and pay closer at...