Proceedings of the Asia Pacific Business and Economics Conference (APBEC 2018)

Investigating Employees’ Views on Fraud Awareness and Anti-Fraud Strategy

Authors
Dyah Vita Astriana, Desi Adhariani
Corresponding Author
Desi Adhariani
Available Online July 2019.
DOI
10.2991/apbec-18.2019.42How to use a DOI?
Keywords
Fraud, prevention, detection, response, fraud awareness
Abstract

The purpose of this study is to analyze the implementation of an anti-fraud strategy and to find out the level of fraud awareness of employees in PT XYZ, one of the self- regulatory organization in Indonesia. The focus of this study is the implementation of fraud prevention, detection, and response strategies in PT XYZ, and analyzing employees’ perceptions on the motivating factors of fraud and implementation of anti-fraud strategy in the company as part of fraud awareness. Findings show that PT XYZ has been implementing the anti-fraud strategy effectively because of the implementation of organizational value and culture in every aspect, as well as the implementation of internal control and good corporate governance practices. In addition, the implementation of anti-fraud strategy in PT XYZ is executed as an effort to implement good corporate governance. These findings suggested that the company has been operating as predicted by the stewardship theory for fraud awareness. However, the method of fraud training in PT XYZ is more focused on the implementation of good corporate governance instead of on explicitly delivering the definition of fraud and ways to control it. Moreover, a method of socialization of organizational value, code of conduct, corporate governance, and regulations have been shifted from conventional socialization methods to digital access through Human Capital Information System by the employees themselves.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the Asia Pacific Business and Economics Conference (APBEC 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
July 2019
ISBN
978-94-6252-766-9
ISSN
2352-5428
DOI
10.2991/apbec-18.2019.42How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Dyah Vita Astriana
AU  - Desi Adhariani
PY  - 2019/07
DA  - 2019/07
TI  - Investigating Employees’ Views on Fraud Awareness and Anti-Fraud Strategy
BT  - Proceedings of the Asia Pacific Business and Economics Conference (APBEC 2018)
PB  - Atlantis Press
SP  - 318
EP  - 324
SN  - 2352-5428
UR  - https://doi.org/10.2991/apbec-18.2019.42
DO  - 10.2991/apbec-18.2019.42
ID  - VitaAstriana2019/07
ER  -