Eduvest - Journal of Universal Studies
Vol. 3 No. 5 (2023): Journal Eduvest - Journal of Universal Studies

The Effect of Audit, Corporate Culture, Audit Committee, Inspection, Policies and Procedures, and it Adoption on Fraud Effectiveness Risk Management Banking Industry in Indonesia

Jonathan Tanuwijaya (BINUS Business School)
Chandra Restu Pradipto (BINUS Business School)



Article Info

Publish Date
20 May 2023

Abstract

Fraud is a morally repugnant, illegal, costly societal issue. Because fraud has such a negative impact on economic development, profitability, and the welfare of business, it has emerged as a major threat on a global scale. Moreover, each year, there are a growing number of instances of fraud that are recorded. In Recent years, instances of fraud have captured the attention of the general public. This study aims to determine whether internal audit, corporate culture, audit committees, inspectors, policies, and procedures as well as the adoption of information technology affect the effectiveness of management fraud risk in the banking sector in Indonesia or not. The study uses quantitative research method. The results of study show that anternal audit, inspection, and IT adoption were discovered to have a positive and significant relationship with the efficiency of bank fraud risk management by the researchers. While other variables, such as corporate culture, audit committee, and policies and procedures, have a negative relationship with the effectiveness of fraud risk management, the policies and procedures have no significant impact on the effectiveness of fraud risk management.

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Journal Info

Abbrev

edv

Publisher

Subject

Aerospace Engineering Computer Science & IT Health Professions Neuroscience Social Sciences

Description

Eduvest - Journal of Universal Studies is a double blind peer-reviewed academic journal and open access to multidiciplinary fields. The journal is published monthly by Green Publisher Indonesia. Eduvest - Journal of Universal Studies provides a means for sustained discussion of relevant issues that ...