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Implementation of Go Public in the Development Indonesian Company Law (Case of PT. Astra International) Laniati, Ratna; Rahayu, Sang Ayu Putu; Daren, Bastian Chris
Law Research Review Quarterly Vol 9 No 4 (2023): Various Issues on Law and Development
Publisher : Faculty of Law, Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/lrrq.v9i4.75656

In the competitive business landscape of Indonesia, companies vie for prominence within their respective sectors. The capital market emerges as a pivotal avenue for enterprises to secure financial resources crucial for sustaining and expanding their operations. "Going public" through a public offering, wherein a company sells shares to investors, is a strategic approach adopted by numerous firms, including PT. Astra International Tbk. This process is perceived not only as a means to enhance corporate image but also to procure capital for purposes such as expansion, product development, and strategic business amalgamations. The primary objectives of this study are twofold: First, to elucidate the procedural intricacies a company in Indonesia undergoes to attain the status of a publicly traded entity, and second, to scrutinize the practical facets of the "Go Public" process, focusing on its implementation at PT. Astra International. The outcomes of this study reveal that going public involves the regulated offering of shares or securities to the public, as stipulated by Law no. 8 of 1995 concerning Capital Markets and its associated regulatory frameworks. In addition, PT. Astra International Tbk., having undergone this transformation and been listed on the Jakarta Stock Exchange since April 4, 1990, aspires to fortify its financial structure, enhance operational performance, and realize predetermined expansion objectives through the going public process. While this transition affords companies access to expanded funding sources, it concurrently imposes new responsibilities and repercussions that necessitate careful consideration and management by the concerned entity.

Halal Certification Imperatives for MSMEs: Navigating Sustainability, Consumer Confidence, and Policy Compliance (Case of Kenteng, Bandungan, Indonesia) Rahayu, Sang Ayu Putu; Niravita, Aprila; Anitasari, Rahayu Fery; Kamal, Ubaidillah
Indonesian Journal of Advocacy and Legal Services Vol 5 No 2 (2023): Discourse of Fair Law Enforcement and Advocacy: A Quest for Justice among Margina
Publisher : Faculty of Law, Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/ijals.v5i2.72426

Micro, Small, and Medium Enterprises (MSMEs) serve as the economic backbone of communities, with their sustainability influenced by various factors, including adherence to business legality. Among the crucial legal aspects, obtaining halal certification stands out as a pivotal requirement. This certification plays a vital role for business entities, aiming to bolster consumer confidence in the products they offer. The research conducted adopts a mixed-methods approach, combining qualitative and quantitative data collection and analysis. Surveys and direct interviews with service partners reveal significant challenges faced by these partners. These challenges encompass a spectrum from comprehending the importance of halal food products and the processes involved in their production to understanding the intricacies of halal certification and the necessary steps to obtain it. In accordance with the Halal Product Assurance regulations, the implementation of halal certification in Indonesia is mandated to expedite. Notably, by no later than October 17, 2024, all products entering, circulating, and trading in Indonesia must be duly halal-certified. This stringent timeline underscores the urgency for businesses to prioritize obtaining halal certification, positioning it as a critical component of their legal obligations. The significance of halal certificates extends beyond mere compliance, serving as a testament to a business's commitment to meeting the ethical and religious considerations of its diverse consumer base. This study also advocates for the important role of halal certification in sustaining MSMEs as the economic backbone of communities. The findings underscore the need for robust policy-making, emphasizing the urgency of halal certification in accordance with Halal Product Assurance regulations in Indonesia. The research aligns with the advocacy for policies that prioritize the timely implementation of halal certification, recognizing it as a critical component for MSMEs to meet legal obligations and enhance consumer trust.

Pemanfaatan_Minyak_Jelantah_dan_Serai Sebagai Bahan Dasar Pembuatan Lilin Aromaterapi Rahayu, Sang Ayu Putu; Rakhmawati, Adiyatma; Kinasih, Sekar Ayu; Anggreini, Lia; Frediyanto, Indra
Jurnal Pengabdian Pada Masyarakat Vol 9 No 1 (2024): Jurnal Pengabdian Pada Masyarakat
Publisher : Universitas Mathla'ul Anwar Banten

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30653/jppm.v9i1.599

Minyak jelantah adalah minyak goreng yang dipakai secara berulang kali untuk menggoreng makanan menggunakan minyak yang sama. Tantangan yang teridentifikasi di Desa Klegen adalah bahwa penggunaan minyak jelantah berpotensi mengakibatkan risiko kesehatan bagi kesejahteraan tubuh kita. Selain itu, penanganan sembarangan terhadap minyak jelantah usang bisa menimbulkan dampak buruk pada lingkungan dan ekosistem perairan. Tujuan utama dari kegiatan adalah untuk memberdayakan masyarakat agar lebih mampu menghadapi masalah ini secara mandiri. Metode yang digunakan untuk mencapai tujuan ini melibatkan sesi ceramah, interaksi tanya-jawab, dan sesi praktik langsung. Kegiatan pengabdian masyarakat berfokus pada penyelenggaraan pelatihan pembuatan lilin aromaterapi yang menggunakan bahan dasar minyak jelantah dan minyak atsiri dari tanaman serai. Proses pelatihan ini telah berhasil diimplementasikan di lingkungan Desa Klegen. Hasil dari pelatihan ini berhasil meningkatkan keterampilan para kader PKK dalam membuat produk lilin aromaterapi. Diharapkan bahwa kegiatan ini menjadi implementasi nilai-nilai Pancasila, khususnya menciptakan kesejahteraan dan kemajuan perekonomian bagi warga masyarakat melalui berbagai inovasi dan pemanfaatan Sumber Daya Alam (SDA) lokal yang tersedia di Desa Klegen. Used cooking oil is cooking oil that is used repeatedly to fry food using the same oil. The challenge identified in Klegen Village is that the use of used cooking oil has the potential to cause health risks to our well-being. In addition, careless handling of used cooking oil can have a negative impact on the environment and aquatic ecosystems. The main objective of the activity is to empower the community to be more able to deal with this problem independently. The method used to achieve this goal involves lecture sessions, question-and-answer interactions, and hands-on practice sessions. Community service activities focus on organizing training in making aromatherapy candles using used cooking oil and essential oils from citronella plants. This training process has been successfully implemented in the Klegen Village environment. The results of this training succeeded in increasing the skills of PKK cadres in making aromatherapy candle products. It is hoped that this activity will become the implementation of Pancasila values, especially creating welfare and economic progress for community members through various innovations and utilizing local Natural Resources (SDA) available in Klegen Village.

Procurement Challenges in Universities: A Snapshot and Legal Reform Approaches to Resolution Fibrianti, Nurul; Rahayu, Sang Ayu Putu; Fidiyani, Rini; Putra, Tegar Islami; Prasetya, Rizky Andeza
Journal of Law and Legal Reform Vol. 6 No. 1 (2025): January, 2025
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jllr.v6i1.12361

Procurement is not limited to the scope of goods but also extends to services. Therefore, it is essential to both quality goods and services. However, it cannot be denied that universities face various obstacles in terms of procuring goods and services, leading to several challenges. The problems addressed in this research are: (1) What are the issues faced in the procurement of goods and services at universities? (2) What is the problem-solving model for procurement of goods and services at universities? This research utilizes a qualitative approach, with a sociological juridical research method, or non-doctrinal research.

Pasca Perang Dagang Amerika Serikat dan China: Analisis Dampak pada Kebijakan Investasi Asing di Indonesia Kristanti, Lisa; Rahayu, Sang Ayu Putu
SCIENTIFIC JOURNAL OF REFLECTION : Economic, Accounting, Management and Business Vol. 8 No. 3 (2025): SCIENTIFIC JOURNAL OF REFLECTION: Economic, Accounting, Management, & Business
Publisher : Sekolah Menengah Kejuruan (SMK) Pustek

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37481/sjr.v8i3.1099

This study analyzes the impact of the post-US-China trade war on foreign investment policy in Indonesia. Through a qualitative approach with normative research methods, this study examines the changes in the direction of investment policy in Indonesia that occurred in response to global geopolitical and economic dynamics. The results of the study show that the easing of trade tensions between the two superpowers has created a strategic momentum for Indonesia to reposition its position in the global investment ecosystem. The manufacturing, digital, and renewable energy sectors are the main magnets for foreign investment, indicating Indonesia's transition to a high-value-added economy. The implementation of adaptive investment policies, the development of Special Economic Zones that are integrated with global needs, and the implementation of the Job Creation Law act as catalysts in increasing Indonesia's investment competitiveness. This study concludes that the formulation of investment policies that are responsive to changes in geopolitical dynamics can transform global challenges into opportunities for sustainable national economic growth.

Halal Certification Imperatives for MSMEs: Navigating Sustainability, Consumer Confidence, and Policy Compliance (Case of Kenteng, Bandungan, Indonesia) Rahayu, Sang Ayu Putu; Niravita, Aprila; Anitasari, Rahayu Fery; Kamal, Ubaidillah
Indonesian Journal of Advocacy and Legal Services Vol. 5 No. 2 (2023): Discourse of Fair Law Enforcement and Advocacy: A Quest for Justice among Margi
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/ijals.v5i2.29861

Micro, Small, and Medium Enterprises (MSMEs) serve as the economic backbone of communities, with their sustainability influenced by various factors, including adherence to business legality. Among the crucial legal aspects, obtaining halal certification stands out as a pivotal requirement. This certification plays a vital role for business entities, aiming to bolster consumer confidence in the products they offer. The research conducted adopts a mixed-methods approach, combining qualitative and quantitative data collection and analysis. Surveys and direct interviews with service partners reveal significant challenges faced by these partners. These challenges encompass a spectrum from comprehending the importance of halal food products and the processes involved in their production to understanding the intricacies of halal certification and the necessary steps to obtain it. In accordance with the Halal Product Assurance regulations, the implementation of halal certification in Indonesia is mandated to expedite. Notably, by no later than October 17, 2024, all products entering, circulating, and trading in Indonesia must be duly halal-certified. This stringent timeline underscores the urgency for businesses to prioritize obtaining halal certification, positioning it as a critical component of their legal obligations. The significance of halal certificates extends beyond mere compliance, serving as a testament to a business's commitment to meeting the ethical and religious considerations of its diverse consumer base. This study also advocates for the important role of halal certification in sustaining MSMEs as the economic backbone of communities. The findings underscore the need for robust policy-making, emphasizing the urgency of halal certification in accordance with Halal Product Assurance regulations in Indonesia. The research aligns with the advocacy for policies that prioritize the timely implementation of halal certification, recognizing it as a critical component for MSMEs to meet legal obligations and enhance consumer trust.

Copyright Application for Students' Work at State Vocational High School 1 Demak Multimedia Majors Kusmaningtyas, Rindia Fanny; Rahayu, Sang Ayu Putu; Hidayat, Arif
Indonesian Journal of Advocacy and Legal Services Vol. 3 No. 1 (2021): Advocacy and Legal Strengthening to Improve Community Social Welfare
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/ijals.v3i1.23030

High School (SMK) is one of the educational institutions responsible for creating human resources that have skills so that at the time of graduation can develop performance in the world of work. most vocational school students who take multimedia corner where currently have spawned creative works. The existence of Law Number 28 of 2014 concerning Copyright is very important for the existence of legal protection for the copyrighted works of SMK students in the multimedia field. Because of the importance of understanding copyright and its legal protection. The targets of this activity are students of SMK N 1 Demak majoring in Multimedia, which are expected to develop their potential in finding creative works and knowing their benefits and legal protection. The method used in overcoming problems regarding developing the potential of SMK students in creating creative works. So that SMK students know the legal protection and benefits of copyrighted works and understand things that can be categorized as copyright works, who has the right to be the copyright holder, and what actions can violate Rights in accordance with Law Number 28 of the Year 2014 concerning Copyright. The steps taken to address the issues described above are: (1) Development or socialization of copyright recognition; dan (2) Coaching in developing the potential of vocational school students in creating copyrighted works.

Green Hydrogen Management in ASEAN Countries from Investment Law Perspective Rahayu, Sang Ayu Putu; Puteri, Dina Silvia; Anitasari, Rahayu Fery; Nur, Asrul Ibrahim Nur
Indonesian Journal of Environmental Law and Sustainable Development Vol. 4 No. 1 (2025): January-June, 2025
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/ijel.v4i1.25457

The development of green energy is a global priority in facing the challenges of climate change, where green hydrogen has emerged as a renewable energy that can be a sustainable solution. This article discusses the comparison of green hydrogen management in ASEAN countries from an investment law perspective. The main focus of this study is to analyze the regulations, incentives, and legal barriers faced by investors in the green hydrogen sector in various ASEAN member countries. The research method used involves a qualitative approach with a literature study and analysis of laws and regulations related to renewable energy investment. The results of the study show that there are policy disparities among ASEAN countries in supporting green hydrogen investment. Singapore and Malaysia, for example, have adopted more progressive policies, including fiscal incentives and ease of licensing, while other countries still face complex regulatory challenges and lack of supporting infrastructure. This article concludes that harmonization of the investment legal framework in ASEAN is needed to attract more investment in the green hydrogen sector. In addition, strong regional collaboration can accelerate the development of green hydrogen technology and strengthen energy security in the region.

Legal Certainty of Contract for Difference Derivative Transactions in the Alternative Trading System in Indonesia Firmansyah, Teguh; Rahayu, Sang Ayu Putu
PAMALI: Pattimura Magister Law Review Vol 5, No 2 (2025): JULY
Publisher : Postgraduate Program in Law, Pattimura University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47268/pamali.v5i2.3108

Introduction: Interest in investment in Indonesia has experienced a significant increase in recent years. This trend is driven by technological advancements that facilitate access to various investment platforms, such as digital-based applications and investment e-commerce. However, not all individuals possess adequate understanding of investment risks and potential, which may lead to suboptimal decision-making.Purposes of the Research: The study aims to analyze the multilayered regulatory structure established to ensure market stability, investor protection, and alignment with national economic objectives, as well as to identify the role of key regulatory institutions within the derivative market ecosystem, particularly in relation to Contract for Difference (CFD).Methods of the Research: The study utilizes a normative legal analysis methodology, examining primary legal sources, including laws, government regulations, and directives from regulatory institutions.Results Main Findings of the Research: Indonesia's derivatives trading is governed by a multi-layered regulatory framework to ensure market transparency, security, and stability. The primary legal basis is Law No. 32 of 1997 on Commodity Futures Trading, amended by Law Number 10 of 2011, which establishes BAPPEBTI as the main regulator. Government Regulation Number 9 of 1999 sets operational guidelines, while BAPPEBTI Regulation No. 109/Bappebti/PER/01/2014 and No. 5 of 2017 regulate alternative trading systems, including CFD.

PERKEMBANGAN HUKUM INVESTASI DI INDONESIA: PILAR PERTUMBUHAN EKONOMI NASIONAL Raden Muhammad Mukhlasin; Rahayu, Sang Ayu Putu
YUSTISI Vol 12 No 3 (2025)
Publisher : Universitas Ibn Khaldun Bogor

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32832/yustisi.v12i3.19860

Penelitian ini bertujuan untuk mengeksplorasi perkembangan hukum investasi di Indonesia dan dampaknya terhadap pertumbuhan ekonomi nasional. Metode yang digunakan adalah metode kualitatif dengan pendekatan analisis dokumen dan studi pustaka. Sumber data utama terdiri dari dokumen hukum, peraturan perundang-undangan, laporan resmi, dan literatur akademik yang relevan. Data dikumpulkan melalui kajian terhadap berbagai sumber tertulis untuk mengidentifikasi norma-norma hukum yang berlaku dan penerapannya dalam praktik. Hasil penelitian menunjukkan bahwa hukum investasi di Indonesia telah mengalami perkembangan yang signifikan, dengan regulasi yang dirancang untuk menciptakan iklim investasi yang kondusif. Namun, tantangan seperti birokrasi yang rumit, ketidakpastian hukum, dan ketimpangan pembangunan infrastruktur masih menjadi hambatan dalam menarik investasi. Penelitian ini juga menemukan bahwa investasi berperan penting dalam mendorong pertumbuhan ekonomi, menciptakan lapangan kerja, dan meningkatkan kesejahteraan masyarakat. Kesimpulan dari penelitian ini menekankan perlunya reformasi regulasi investasi untuk mengatasi tantangan yang ada, serta meningkatkan daya tarik investasi di Indonesia. Rekomendasi diberikan untuk memperbaiki proses perizinan, meningkatkan infrastruktur, dan menjamin kepastian hukum, sehingga manfaat dari investasi dapat dirasakan secara merata oleh seluruh lapisan masyarakat. Dengan demikian, penelitian ini memberikan kontribusi penting dalam memahami hubungan antara hukum investasi dan pertumbuhan ekonomi di Indonesia, serta menawarkan solusi untuk meningkatkan efektivitas regulasi investasi

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