Analysis the Effect of Pentagon Fraud Theory in Detecting Financial Statement Fraud

This research is are empirical study to determine the effect of fraud factors based on pentagon fraud theory in detecting financial statement fraud by using the fraud score model (Case studies on infrastructure, utility, and transportation sector companies listed on the Indonesian Stock Exchange in 2015-2019). The population in this study ware all companies in the infrastructure, utility, and transportation sector listed on the Indonesian Stock Exchange in 2015-2019 accessed through the BEI (www.idx.co.id) and company website.                    The sample data used in this study was 245 samples consisting of 49 companies. The sampling was done based on the purposive sampling method. The independent variables used in this study were the financial target, financial stability, external pressure, personal financial need, ineffective monitoring, naturally of industry, change in auditor, change in director, dualism position, political connection, and CEO tenure. The dependent variable used in this study was financial statement fraud. The data analysis in this study used logistic analysis using SPSS ver.22.  Based on the results of the analysis showed that financial target and naturally of the industry have a significant negative effect on financial statement fraud, change in auditor have a significant positive effect on financial statement fraud, and another variable does not have a significant effect on financial statement frau