Fraud hexagon and fraud: Love of money as moderation

Abstract

This research aims to provide empirical evidence regarding the influence of the fraud hexagon on fraud which is moderated by love of money. This research uses a quantitative approach with distributing questionnaires. This research has been tested using SMART-PLS version 3.2.9. The sample in the study was selected using a purposive sampling method with a total of 89 samples of Bengkulu bank employees in Bengkulu province. The results of this research show that the variables of opportunity, capability, arrogance, collusion and arrogance which are moderated by love of money have a positive effect on fraud in banking. Pressure and rationalization have effect on fraud in banking. Meanwhile, pressure, rationalization, cability,  and collusion moderated by love of money have no effect on fraud in banking. But opportunity moderated by love of money have negative effect on fraud in banking. It is hoped that this research can provide additional information and understanding regarding what influences fraud in banking. The limitations of this research lie in the small number of samples so it is felt that it does not accurately represent the total number of Bengkulu bank employees in Bengkulu Province. The fraud hexagon model studied is still relatively new, so there are still minimal comparison references, and it is difficult for respondents to answer honestly because the questionnaire statements are an average of sentences negative meaning.