Proceedings of the 24th Malaysia-Indonesia International Conference on Economics, Management, and Accounting (The 24th MIICEMA) in conjunction with The 9th Sriwijaya Economics, Accounting, and Business Conference (The 9th SEABC) (MIICEMA-SEABC 2025)

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The Effect of Financial Stability, Total Accruals, Change in Directors, and Political Connections on Financial Statement Fraud: Moderated by Nature of Industry

(Study on Non-Financial Companies Listed on the IDX 2021–2023)

Authors
Dela Puspa Ahmadi1, *, Hasni Yusrianti1
1Accounting Department, Faculty of Economics, Universitas Sriwijaya, Indralaya, Indonesia
*Corresponding author. Email: delapuspaahmadi11@gmail.com
Corresponding Author
Dela Puspa Ahmadi
Available Online 23 February 2026.
DOI
10.2991/978-94-6463-994-0_5How to use a DOI?
Keywords
Financial Statement Fraud; Financial Stability; Total Accruals; Change in Directors; Political Connections; Nature of Industry
Abstract

This study aims to examine the effect of financial stability, total accruals, change in directors, and political connections on financial statement fraud, measured through the F-Score, with nature of industry as a moderator. The sample consists of 111 non-financial companies from 2021-2023, selected through purposive sampling. Using a quantitative method, data were analyzed via panel data regression and MRA in EViews 13. Findings show that financial stability and total accruals positively affect financial statement fraud, whereas director changes and political connections are not significant. Moderated regression analysis indicates that industry nature moderates the effects of total accruals and director changes but does not moderate the effects of financial stability and political connections.

Copyright
© 2026 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 24th Malaysia-Indonesia International Conference on Economics, Management, and Accounting (The 24th MIICEMA) in conjunction with The 9th Sriwijaya Economics, Accounting, and Business Conference (The 9th SEABC) (MIICEMA-SEABC 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
23 February 2026
ISBN
978-94-6463-994-0
ISSN
2352-5428
DOI
10.2991/978-94-6463-994-0_5How to use a DOI?
Copyright
© 2026 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Dela Puspa Ahmadi
AU  - Hasni Yusrianti
PY  - 2026
DA  - 2026/02/23
TI  - The Effect of Financial Stability, Total Accruals, Change in Directors, and Political Connections on Financial Statement Fraud: Moderated by Nature of Industry
BT  - Proceedings of the 24th Malaysia-Indonesia International Conference on Economics, Management, and Accounting (The 24th MIICEMA) in conjunction with The 9th Sriwijaya Economics, Accounting, and Business Conference (The 9th SEABC) (MIICEMA-SEABC 2025)
PB  - Atlantis Press
SP  - 52
EP  - 67
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-994-0_5
DO  - 10.2991/978-94-6463-994-0_5
ID  - Ahmadi2026
ER  -