Fraud awareness survey of private sector in Indonesia

Sylvia Veronica Siregar · Bayu Tenoyo

80 citations0/0 files storedJournal of Financial Crime

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Ethics in Business and Education Financial Literacy and Behavior Corporate Governance and Financial Management

Abstract

Purpose – The purpose this study is to investigate the level of fraud awareness of the private sector in Indonesia, as well as steps that have been taken by corporations to detect or prevent fraud. Design/methodology/approach – This paper presents a descriptive survey. In total, 67 respondents returned the questionnaires, which can be considered suitable for a descriptive survey. Some descriptive (included percentages, means) and inferential statistics (mean differences test) are used to summarize and analyze the questionnaire results. Findings – It was found that majority of respondents agree that fraud is a major concern for businesses in Indonesia and that corporations have enough level of fraud awareness. Poor internal control and lack of ethical values are ranked as the most likely reasons why entities are being threatened by fraud, and a sound ethical policy and code of conduct is perceived as the most important fraud risk management process. Corporations have implemented several tools to detect or prevent fraud, such as internal audit and internal control. They also have a system in place for anonymous reporting of suspicions of fraud, corruption or misconduct. Originality/value – Private sector fraud awareness in emerging countries, especially in Indonesia, is still rarely examined in extant literature.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 80 citations exist upstream.

References

2003Causes, consequences, and deterence of financial statement fraud 2004Financial Statement Fraud: Prevention and Detection

Cited by

2020The Effect of Internal Control, Individual Morality and Ethical Value on Accounting Fraud Tendency 2018Pengaruh Pengendalian Internal, Kesadaran Anti-Fraud, Integritas, Independensi, dan Profesionalisme Terhadap Pencegahan Kecurangan 2020A cross-firm analysis of corporate governance compliance and performance in Indonesia 2021The roles of whistleblowing system and fraud awareness as financial statement fraud deterrent 2022Ethical values and auditors fraud tendency perception: testing of fraud pentagon theory 2020Can forensic accounting impact sustainable corporate governance?2017Auditors’ Perceptions of the Effectiveness of Fraud Prevention and Detection Methods 2022Financial statement fraud in Indonesia: a longitudinal study of financial misstatement in the pre- and post-establishment of financial services authority

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.