Musytari : Jurnal Manajemen, Akuntansi, dan Ekonomi

Vol. 25 No. 2 (2026): Musytari: Neraca Manajemen, Akuntasi, dan Ekonomi, ISSN 3025-9495
Articles

TRANSPARANSI SEBAGAI FONDASI: TINJAUAN SISTEMATIS TENTANG PERAN GOOD CORPORATE GOVERNANCE DALAM MENCEGAH MANIPULASI LAPORAN KEUANGAN

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  • Sarifudin Sarifudin,
  • Ikhlasul Iman,
  • Raul Kurniawan,
  • Suhra Wardin,
  • M. Sifri Hamsah
Sarifudin Sarifudin
Universitas Teknologi Sumbawa
Ikhlasul Iman
Universitas Teknologi Sumbawa
Raul Kurniawan
Universitas Teknologi Sumbawa
Suhra Wardin
Universitas Teknologi Sumbawa
M. Sifri Hamsah
Universitas Teknologi Sumbawa

Published 2026-01-02

Keywords

  • Good Corporate Governance,
  • Transparency,
  • Financial Statement Manipulation,
  • Audit Committee,
  • Beneish M-Score

How to Cite

TRANSPARANSI SEBAGAI FONDASI: TINJAUAN SISTEMATIS TENTANG PERAN GOOD CORPORATE GOVERNANCE DALAM MENCEGAH MANIPULASI LAPORAN KEUANGAN. (2026). Musytari : Jurnal Manajemen, Akuntansi, Dan Ekonomi, 25(2), 221-230. https://cibjournal.com/index.php/musytari/article/view/5318

Abstract

This study aims to systematically review the role of Good Corporate Governance (GCG) and transparency in preventing financial statement manipulation. Utilizing the Systematic Literature Review (SLR) method guided by the PRISMA framework, this research analyzes existing studies on the role of GCG in preventing financial statement manipulation. Twenty-five recent articles published between 2020 and 2025 from databases including Scopus, ScienceDirect, SSRN, Google Scholar, and ResearchGate were analyzed. The focus of the study encompasses governance mechanisms, audit committee effectiveness, board of commissioners' independence, institutional ownership, internal reporting systems, and the integration of digital technologies such as blockchain and artificial intelligence in enhancing reporting transparency. The findings indicate that Good Corporate Governance (GCG) and transparency play a significant role in preventing financial statement manipulation. A systematic review of 25 indexed scientific articles from Scopus and ResearchGate reveals that GCG mechanisms—particularly board independence, audit committee effectiveness, institutional ownership, and internal control systems—consistently help curb earnings management and reporting fraud. Additionally, transparency in financial reporting, through improved disclosure quality and the implementation of whistleblowing systems, strengthens the effectiveness of GCG by reducing information asymmetry and enabling early detection of manipulation. This study also finds that detection models such as the Beneish M-Score and the fraud triangle approach are effective as supporting tools in identifying risks of financial statement manipulation. Furthermore, recent literature emphasizes that integrating digital technologies like blockchain and artificial intelligence has the potential to enhance the role of GCG and transparency in improving the integrity and reliability of financial reporting. However, the effectiveness of implementing GCG and transparency is contextual, influenced by industry sector, company size, and the quality of regulations and law enforcement.

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