Main Article Content
Abstract
This paper aims to investigate the effect of Machiavellianism, love of money, and internal control on the tendency of asset misuses in the workplace, especially in the state-owned company XYZ in Semarang. This study used survey method to collect data from employees of a state-owned company in Semarang City. The data consisted of 161 questionnaires which were analyzed using WarpPLS 7.0. The finding showed that Machiavellianism, love of money, have a significant positive effect on the tendency of asset misuses in BUMN companies, while internal control has a significant negative effect on the tendency of asset misuses in BUMN companies. This finding implies the importance of considerations in psychological aspects when it comes to fraud prevention. Additionally, the finding implies that the internal control is a mandatory mechanism in the company's managerial activities for fraud prevention.
Keywords:
Machiavellianism, Love of Money, Internal Control Misappropriate Assets, Government-Owned Enterprises.
Keywords
Article Details
Copyright (c) 2022 Farlina Wahyu Listyo, Nur Cahyonowati

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References
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- Triantoro, H. D., Utami, I., & Joseph, C. (2020). Whistleblowing system, Machiavellian personality, fraud intention: An experimental study. Journal of Financial Crime, 27(1), 202–216. https://doi.org/10.1108/JFC-01-2019-0003
- Utami, I., Wijono, S., Noviyanti, S., & Mohamed, N. (2019). Fraud diamond, Machiavellianism and fraud intention. International Journal of Ethics and Systems, 35(4), 531–544. https://doi.org/10.1108/IJOES-02-2019-0042
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- Zahari, A. I., Said, J., & Arshad, R. (2020). Organisational fraud: a discussion on the theoretical perspectives and dimensions. Journal of Financial Crime, 27(1), 283–293. https://doi.org/10.1108/JFC-04-2019-0040
References
REFERENCES
ACFE. (2016). Report To the Nations On Occupational Fraud and Abuse 2016. ACFE Report, 1–92.
ACFE. (2018). Report To The Nations - Global Study on Occupational Fraud and Abuse: Asia Pacific. Asia Pacific Edition, 10, 80.
Asmah, A. E., Atuilik, W. A., & Ofori, D. (2020). Antecedents and consequences of staff related fraud in the Ghanaian banking industry. Journal of Financial Crime, 27(1), 188–201. https://doi.org/10.1108/JFC-03-2019-0034
Association of Certified Fraud Examiners (ACFE) Indonesia. (2020). Survei Fraud Indonesia 2019. Indonesia Chapter #111, 53(9), 1–76.
Bakri, H. H. M., Mohamed, N., & Said, J. (2017). Mitigating asset misappropriation through integrity and fraud risk elements: Evidence emerging economies. Journal of Financial Crime, 24(2), 242–255. https://doi.org/10.1108/JFC-04-2016-0024
Desviana, D., Basri, Y. M., & Nasrizal, N. (2020). Analisis Kecurangan pada Pengelolaan Dana Desa dalam Perspektif Fraud Hexagon. Studi Akuntansi Dan Keuangan Indonesia, 3(1), 50–73. https://doi.org/10.21632/saki.3.1.50-73
Ekonomika, F., Bisnis, D. A. N., & Diponegoro, U. (2014). Analisis Pengaruh Love of Money Terhadap Persepsi Etis Mahasiswa Akuntansi. In Diponegoro Journal of Accounting (Vol. 3, Issue 3).
Harvey, J. (1984). Current Issues in Attribution Theory and Research. Annual Review of Psychology, 35(1), 427–459. https://doi.org/10.1146/annurev.psych.35.1.427
Koomson, T. A. A., Owusu, G. M. Y., Bekoe, R. A., & Oquaye, M. (2020). Determinants of asset misappropriation at the workplace: the moderating role of perceived strength of internal controls. Journal of Financial Crime, 27(4), 1191–1211. https://doi.org/10.1108/JFC-04-2020-0067
Kopp, G. and. (2017). Journal of Forensic & Investigative Accounting Volume 9 : Issue 3 , Special Issue , 2017 Journal of Forensic & Investigative Accounting Volume 9 : Issue 3 , Special Issue , 2017. 9(3), 929–935.
Lestari, N. (2018). Love of money.
Limanago, Y. (2020). Hubungan Antara Dark Triad Personality dan Kecenderungan Korupsi Karyawan. JPPP - Jurnal Penelitian Dan Pengukuran Psikologi, 9(1), 22–26. https://doi.org/10.21009/jppp.091.04
Nigrini, M. J. (2019). The patterns of the numbers used in occupational fraud schemes. Managerial Auditing Journal, 34(5), 602–622. https://doi.org/10.1108/MAJ-11-2017-1717
Nugraha, R., & Indah Bayunitri, B. (2020). The influence of internal control on fraud prevention (Case study at Bank BRI of Cimahi City). International Journal of Financial, Accounting, and Management, 2(3), 199–211. https://doi.org/10.35912/ijfam.v2i2.165
Nugraha, Y. A., & Etikariena, A. (2021). Anteseden Corrupt Intention: Analisis Peran Dark Triad Personality dan Hierarchy Culture. Jurnal Ecopsy, 8(1), 41. https://doi.org/10.20527/ecopsy.2021.02.004
Owusu, G. M. Y., Koomson, T. A. A., Alipoe, S. A., & Kani, Y. A. (2021). Examining the predictors of fraud in state-owned enterprises: an application of the fraud triangle theory. Journal of Money Laundering Control. https://doi.org/10.1108/JMLC-05-2021-0053
PER-01/PJ/2017, N. (2017). No Title????? ????. Occupational Medicine, 53(4), 130.
Rahmawati & Riyanto. (2017). Jurnal Akuntansi dan Bisnis Kontemporer. 17(1), 147–159.
Said, J., Alam, M. M., Karim, Z. A., & Johari, R. J. (2018). Integrating religiosity into fraud triangle theory: findings on Malaysian police officers. Journal of Criminological Research, Policy and Practice, 4(2), 111–123. https://doi.org/10.1108/JCRPP-09-2017-0027
Singhapakdi, A., Vitell, S. J., Lee, D. J., Nisius, A. M., & Yu, G. B. (2013). The Influence of Love of Money and Religiosity on Ethical Decision-Making in Marketing. Journal of Business Ethics, 114(1), 183–191. https://doi.org/10.1007/s10551-012-1334-2
Suryandari, E., & Pratama, L. V. (2021). Determinan Fraud Dana Desa: Pengujian Elemen Fraud Hexagon, Machiavellian, dan Love of Money. Reviu Akuntansi Dan Bisnis Indonesia, 5(1), 55–78. https://doi.org/10.18196/rabin.v5i1.11688
Tang, T. L., & Chiu, R. K. (2003). Tang-Chiu2003 Article Income Money Ethic Pay Satisfactio. 13–30.
Tang, T. L. P., & Chen, Y. J. (2008). Intelligence vs. wisdom: The love of money, machiavellianism, and unethical behavior across college major and gender. Journal of Business Ethics, 82(1), 1–26. https://doi.org/10.1007/s10551-007-9559-1
Triantoro, H. D., Utami, I., & Joseph, C. (2020). Whistleblowing system, Machiavellian personality, fraud intention: An experimental study. Journal of Financial Crime, 27(1), 202–216. https://doi.org/10.1108/JFC-01-2019-0003
Utami, I., Wijono, S., Noviyanti, S., & Mohamed, N. (2019). Fraud diamond, Machiavellianism and fraud intention. International Journal of Ethics and Systems, 35(4), 531–544. https://doi.org/10.1108/IJOES-02-2019-0042
Yusra, M., & Utami, C. (2018). Pengaruh Love of Money Dan Machiavellian Terhadap Persepsi Etis Mahasiswa Akuntansi: (Studi Empiris Pada Mahasiswa Prodi Akuntansi Universitas Malikussaleh). Jurnal Akuntansi Dan Keuangan, 5(1), 11. https://doi.org/10.29103/jak.v6i1.1821
Zahari, A. I., Said, J., & Arshad, R. (2020). Organisational fraud: a discussion on the theoretical perspectives and dimensions. Journal of Financial Crime, 27(1), 283–293. https://doi.org/10.1108/JFC-04-2019-0040