Journal of Innovation Finance Management and Accounting

DETECTING FINANCIAL STATEMENT FRAUD USING THE FRAUD PENTAGON THEORY

Dhiya Auliani — 2025-07-29

Many companies conceal their actual financial condition through manipulation of financial statements. To prevent such fraud, effective detection methods are essential one of which is the fraud pentagon model. This study investigates how components of the fraud pentagon can help detect potential financial statement fraud, based on agency theory and fraud pentagon theory. This quantitative study relies on secondary data from annual reports. The proxies analyzed include external pressure, ineffective monitoring, total accrual ratio, director changes, and the frequency of CEO photographs, covering the period from 2018 to 2022. Using purposive sampling, the study applies classical assumption testing and multiple linear regression for hypothesis testing. The sample consists of 18 food and beverage companies listed on the Indonesia Stock Exchange, totaling 90 observations. Findings reveal that external pressure and change of director have a partially significant influence on the likelihood of financial statement fraud. Meanwhile, ineffective monitoring, total accrual ratio, and frequent CEO photo appearances show no significant partial effect.

THE EFFECT OF PRODUCT INNOVATION, PRODUCT QUALITY, AND PACKAGING DESIGN ON THE PURCHASE DECISION OF WARDAH COSMETIC PRODUCTS

Natasha Maharani — 2025-07-29

This study aims to examine the effect of product innovation, product quality, and packaging design on the purchase decision of Wardah cosmetic products in Bandar Lampung. The type of research used is quantitative research. The data utilized are primary data, obtained from the results of a questionnaire. Data collection was conducted by distributing the questionnaire to 150 individuals. The respondent criteria included consumers who had purchased and used Wardah cosmetics within the last 6 months and were at least 17 years old. The data collection method employed non probability sampling, with the purposive sampling technique used to select participants. Data were processed and analyzed using SmartPLS version 3 and SPSS version 23 to examine respondent characteristics. The results of this study indicate that product quality and packaging design have a significant effect on purchase decisions, while product innovation does not affect purchase decisions. The limitations of this study include only distributing the questionnaire in Bandar Lampung and that the results show that product innovation does not influence purchase decisions, indicating that there is no interrelationship between the variables studied.

THE EFFECTS OF ELECTRONIC WORD OF MOUTH (E-WOM) AND HEDONIC SHOPPING MOTIVATION ON IMPULSE BUYING OF FASHION PRODUCTS FOR SHOPEE CONSUMERS IN LAMPUNG

Syifa Nur Fadhillah — 2025-07-29

This research aims to test the effect of electronic word of mouth and hedonic shopping motivation on impulse buying of fashion products by Shopee consumers in Lampung. The type of research used is quantitative research with an associative approach method. The data used are primary data, the source of data obtained comes from the results of the questionnaire. The sample in this study were Lampung people who used the Shopee application and had done impulse buying. Data collection was carried out with a questionnaire distributed to 140 people. The statistical method used Multiple Linear Regression Analysis, with hypothesis testing of the t-statistic test. The results of this study indicate that electronic word of mouth and hedonic shopping motivation have a significant effect on impulse buying.

THE EFFECT OF FINANCIAL RATIO ON BANKING STOCK PRICES IN THE 2020-2022 PERIOD

Lanang Prayoga — 2025-07-29

During the PSBB period, the financial sector index and banking index recorded a sharp decline, with some large banking stocks even approaching the Auto Reject Lower (ARB) limit. This instability continued until 2022, indicating a challenge in maintaining the performance of banking stocks amid changing market dynamics. The aim of this research is to determine the effect of financial ratios on share prices of banking companies on the Indonesia Stock Exchange in 2020 - 2022. This type of research is quantitative research with secondary data. Data collection techniques are internet research and documentation studies. The sampling technique used purposive sampling to produce 33 banking companies from a total of 47 banking companies. The data processing used is Panel Data Regression. Based on the results of the analysis of the influence of financial ratios on share prices in 2020 - 2022, the author finds that the Return On Equity and Capital Adequacy Ratio variables have a significant positive influence on share prices, while the Debt to Equity Ratio variable has a negative influence on share prices, whereas the variables earnings per share and return on assets do not have a significant influence on share prices.

The EFFECT OF FINANCIAL LITERACY, MOTIVATION, AND SOCIAL ENVIRONMENT ON SAVINGS DECISION

Risti Gusmirah — 2025-07-29

Saving is one of the main points for building a profitable economy, this is because it can be useful as an emergency fund or to avoid unexpected expenses. The decision to save is a choice for many people in allocating their finances to whom, meaning that saving can be done by anyone, including students. The aim of this research is to examine the influence of financial literacy, motivation and social environment on savings decisions made by students in Bandar Lampung City. This research uses quantitative data, with a questionnaire distributed via Google Form. The amount of data used was 130 respondents. The sampling technique is probability sampling using simple random sampling. Multiple linear regression data analysis method using SPSS 26 software. The research results show that motivation and social environment have a significant effect on the decision to save, while financial literacy has no effect on the decision to save for students in Bandar Lampung City.