Angga Putra Adi Pratama
Universitas Muhammadiyah Surakarta

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Legal Protection for Investors in Equity Crowdfunding Practices on the Bizhare Application Angga Putra Adi Pratama; Diana Setiawati
Proceeding International Conference Restructuring and Transforming Law Vol. 2 No. 1 (2023): Proceeding International Conference Restructuring and Transforming Law
Publisher : Universitas Muhammadiyah Surakarta

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Abstract

This research discusses legal protection for investors in the practice of crowdfunding through the equity crowdfunding model conducted through the Bizhare application. Equity crowdfunding has become a popular method to raise funds from individual investors in the form of shares or ownership in startup companies. However, this practice also involves significant risks for investors, including the risk of loss of investment and the risk of misuse of funds by irresponsible parties. Therefore, legal protection for investors is essential to ensure safety and fairness in the practice of crowdfunding through the Bizhare app. This study involves an analysis of the applicable legal framework related to crowdfunding and investor protection in the relevant countries. In addition, the research methods used include comparative legal analysis as well as a review of crowdfunding practices on the Bizhare app. This research aims to identify the weaknesses and strengths of existing regulations, and provide recommendations for improvements that can strengthen legal protection for investors. As such, this research is expected to provide a better understanding of how the law can play an effective role in protecting investors in crowdfunding practices, so as to promote trust and wider participation in the equity crowdfunding ecosystem. The results of this study provide an in‐depth understanding of the legal framework required to protect investors in crowdfunding practices through the Bizhare app.
The Urgency of Employment Law for Informal Sector Workers in the Welfare State Concept Rinto Angga Puja Kesuma; Tahta Radya Panigarahardja; Fahma Pantria; Angga Putra Adi Pratama; Jan Alizea Sybelle
Proceeding International Conference Restructuring and Transforming Law Vol. 2 No. 2 (2023): Proceeding International Conference Restructuring and Transforming Law
Publisher : Universitas Muhammadiyah Surakarta

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Abstract

The aim of this research is to re-evaluate the importance of labor laws for informal sector workers within the framework of the Indonesian welfare state concept. The research technique involves studying a normative legal approach or documents or literature that only focuses on labor law currently in force in Indonesia. Qualitative methods of technical analysis are used to explain relationships between objectively determined phenomena, concepts, data, or facts. Based on the results of this research, the Employment Law in Indonesia still ignores the rights, dignity, standard of living, and even the work environment of workers in the informal sector. The National Employment Law has legal loopholes because it does not provide legal protection, guarantees and social security for informal sector workers. This demand is contrary to the concept of Pancasila and the 1945 Republic of Indonesia Constitution. Therefore, the government is expected to work together with the legislature to improve the Labor Law so that all parties are in the same position in the production process so that companies can develop. Meanwhile, these efforts are generally expected to lead to harmonization of laws for informal sector workers in the field of employment, especially in the Indonesian welfare state.