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Journal : Accounting Global Journal

Corporate Governance, ESG Disclosure, and Fraudulent Financial Reporting: Evidence from the Indonesian Agricultural Products Industry Ningtias, Putri Kharisma Ayu; Kusumaningsih, Ambar
Accounting Global Journal Vol. 10 No. 1 (2026): Accounting Global Journal
Publisher : Badan Penerbit Universitas Muria Kudus

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Abstract

This study examines the relationship between corporate governance, ESG disclosure, and fraudulent financial reporting from an agency theory perspective in agricultural product companies listed on the Indonesia Stock Exchange during 2021–2024. Fraudulent financial reporting was measured using the Beneish M-Score. Corporate governance was proxied by institutional ownership and the proportion of independent commissioners, while ESG disclosure was measured using an index based on the GRI Standards 2021. This study employed a quantitative approach, with purposive sampling and Spearman correlation analysis, using IBM SPSS 26. The results showed that corporate governance and ESG disclosure were not significantly related to fraudulent financial reporting. This finding indicates that the presence of formal monitoring mechanisms and transparency of information are not necessarily effective in suppressing opportunistic management behavior. The limitations of this study include its sectoral focus and reliance on a single fraud detection model. Future research is recommended to use more substantive monitoring proxies and expand the sectors and analysis methods to gain a more comprehensive understanding.
Co-Authors Admojo, Muhammad Yansen Suryo Afifuddin, Muhammad Agustin, Citra Eka Aini, Rahmaniar Cholifahtul Andriani, Elisabeth Natalie Joy Angelina, Vira Anggraeni, Diva Syaiful Anggraini, Aprilita Dina Ari Widayanti Ariqah, Nadia Faustina Ashila Larasati , Latisha Aulia, Nisrina Azizah, Najma Auralia Ayu Nur Azzahra, Jihan Bachtiar, Jihan Zahidah Imtinan Bahtiar, Mohammad Danang Choirina, Najwa Widya Desviani, Dicha Putri Dewi ANGGRAENI Eni Wuryani ENY SULISTYOWATI Faidhoh, Minchatul Maula Umi Fatmala, Nawang Fikriyah, Siti Mashlahatul Fitri, Nadia Fritzy, Viorelia Claressa Hafsah, Salvany Maulida Rahma Hery Widijanto Hikmah, Daris Imlika, Lyra Hafsari Darapuspita Inayah, Nayla Putri Indryani, Alifia Putri Insyirah Putikadea Janet Trineke Manoy Khotijah, Faradita Sabrina Khotizah, Nur Hidayatul Lawalata, Alexandra Gabriella Leny Yuanita LUCKY RACHMAWATI Manullang, Lydia Natasya Mardiana, Arie Citra Mariana Mariana Maulidiya, Nur Muadhimah Meilina, Sintya Nabila, Zaqiyatin Natasya, Faiq Nerisafitra, Paramitha Ningtias, Putri Kharisma Ayu Permata, Amelia Prasetia, Sagita Shafa Putri, Salsabila Athira Najla Sanda Rachmawati, Nucke Mariant Rahmadhani, Oktavia Dwi Rahmawati, Rizka Amalia Ramadhan, Aulia Wahyu Ramadhandy, Hary Kurnia Ramadhani, Nur Rouf Rizqi Ratnasari, Zenita Nur Ilmi Rediyanto Putra Rizqi, Moch. Fathu Ardan Rohmah, Neilly Alfiatur ROHMAWATI KUSUMANINGTIAS Salsabila, Aliya Dinar Salsabila, Kirana Anindya Salsabilah, Dzakiyah Sari, Vita Amelia Fatma Fatika Sechan, Oneng Sarah Setiawan, Niastika Anggreini Setyawan, Nadine Diura Sianipar, Christiani Martha Maharani Sinatra, Zaneta Ardelia Ruth Sudjianto, Manuela Vanlentera Kasih Berlinda Susi Handayani Triarso, Arik Ulfiana, Novi Vega Candra Dinata Vilary, Maria Gabriela Bella Virnanda, Resty Rahayu Wahyu Budi Sabtiawan Widjaya, Ega Hardyan Putra Wulandari, Imelda Dwi Wulandari, Riska Ayu Yanti Yanti Yusuf, Faradila Desiyanti Zahro, Ana Masniatuz