Track: Business Management

Abstract

Financial statements otherwise known as financial statements become an important instrument and have a big role in the operations of a company. Every company that publishes financial statements always wants to provide an overview to users of financial statements that the company is in good condition. It is intended that users of financial statements assume that management has good performance. Management will try its best to present and describe the state of the company as well as possible, it is possible that management will manipulate financial statements so that later the information presented in the financial statements will be biased. Biased information can provide invalid and irrelevant information to be used as a basis for decision making by users of financial statements, because later the analysis carried out is not based on information and the actual state of the company. This study aims to investigate the moderating role of female CEOs on the effect of financial distress on corporate financial statement fraud issued from the pefindo25 index of the Indonesian stock exchange for the 2015-2020 period. Sampling in this study using purposive sampling method by limiting the selection of samples based on predetermined criteria. Based on the sample criteria, 216 financial statements were obtained with a research period of six years. This study found that female CEOs have an effect on financial statement fraud. Further findings indicate that female CEOs do not moderate the effect of financial distress on financial statement fraud.