ANALISIS PERAN RASIO KEUANGAN TERHADAP DETEKSI FRAUDULENT FINANCIAL REPORTING (Studi Empiris pada Perusahaan Non Keuangan di Indonesia)

Abstract

The research aims of this study was to examine the role of financial ratios to detect fraudulent financial reporting on non-financial companies in Indonesia. The ratio used in this study are leverage ratio, profitability ratio, asset composition ratio, liquidity ratio and capital turnover ratio. Based on agency theory and signalling theory, researchers conducted a study on a sample of 31 fraud companies and 77 non-fraud companies. Data of companies that commit fraud obtained from the Capital Market Sanctions List issued by Otoritas Jasa Keuangan Jakarta at period 2011-2015. Then the data is compared with the non-fraud companies by industry, company size and year. This study design using logistic regression analysis. The statistics result of this research shows that the leverage ratio and profitability ratio have a significant role to the detect fraudulent financial reporting.