Revisiting Fraud Theories in Indonesian Context: A Systematic and Critical Literature Analysis

Ida Kristiana; Nabila Syaharani  Selima; Doddy Setiawan

doi:10.14414/tiar.v15i1.5021

Vol. 15 No. 1 (2025), Articles

Vol. 15 No. 1 (2025)

Revisiting Fraud Theories in Indonesian Context: A Systematic and Critical Literature Analysis

Articles

DOI: 10.14414/tiar.v15i1.5021

Published 2025-08-02

Ida Kristiana⁺⁻
Nabila Syaharani Selima⁺⁻
Doddy Setiawan⁺⁻

Ida Kristiana

Universitas Muhammadiyah Semarang

https://orcid.org/0009-0005-1795-6353

Nabila Syaharani Selima

Universitas Sebelas Maret Surakarta

https://orcid.org/0009-0009-0339-597X

Doddy Setiawan

Universitas Sebelas Maret Surakarta

https://orcid.org/0000-0003-0394-0738

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Keywords

Fraud Triangle
Fraud Diamond
Fraud Pentagon
Fraud Hexagon
Financial Fraud

How to Cite

Kristiana, Ida, et al. “Revisiting Fraud Theories in Indonesian Context: A Systematic and Critical Literature Analysis”. The Indonesian Accounting Review, vol. 15, no. 1, Aug. 2025, pp. 85-98, https://doi.org/10.14414/tiar.v15i1.5021.

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Abstract

Financial fraud, ranging from corporate mismanagement to embezzlement of public funds, remains a crucial issue in Indonesia, reflecting systemic weaknesses in governance and regulation. Utilizing theoretical frameworks, such as the fraud triangle, fraud diamond, fraud pentagon, and fraud hexagon, this study aims to explore various studies examining the factors contributing to financial fraud in Indonesia. This qualitative study uses the Charting the Field method to analyze 69 articles published in SINTA 2 and Scopus-indexed journals between 2016 and 2024. The results indicate inconsistencies in research findings due to methodological limitations, the use of incompatible dependent variables, and unrepresentative proxies for independent variables. There are gaps in author collaboration and thematic focus. Furthermore, some studies still focus on separate theoretical models. This study is expected to contribute to the accounting literature and serve as a reference for more innovative and contextually relevant further research.

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Revisiting Fraud Theories in Indonesian Context: A Systematic and Critical Literature Analysis

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