The Scientia Journal of Economics Issues
Vol. 1 No. 1 (2022): The Scientia Journal of Economics Issues

The Urgency of Agency Theory in Minimizing Financial Fraud: A Case Study in the Construction Industry

Yudha Pramana (Universitas Udayana)
Anis Wahyu Hermawan (Universitas Terbuka)

Article Info

Publish Date
20 Aug 2022

Abstract

Fraud that still occurs in certain corporations, including in specific construction industries, is a problem that must be addressed in the current era of good corporate governance (GCG). Based on secondary data and with a qualitative approach, it is concluded that the weakness of corporations in applying agency theory has led to fraud in the form of motives, incentives, opportunities, and rationalizations carried out by agents. In comparison, one of the implementations of agency theory in tackling fraud in financial statements is to apply accountability through contractual relationships that are strictly binding on agents and principals.

Copyrights © 2022




Citation Download
RIS
EndNote, Reference Manager, ProCite
BibTex
Latex, Jabref
Full PDF
150.798 KB
Original Source
Download Original
Google Scholar
Check in Google Scholar
Journal Info
The Scientia Journal of Economics Issues
Website

Abbrev

sjei

Publisher

Scientia Integritas Utama

Subject

Humanities Economics, Econometrics & Finance Languange, Linguistic, Communication & Media Social Sciences Other

Description

The Scientia Journal of Economics Issues publishes high-quality research findings and commentary on international economic developments, maintaining a sound balance between economic theory and application at both micro and macro ...