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Peran Pengendali Dalam Melindungi Kepentingan Investor Melalui Pelaksanaan Prinsip Tata Kelola Perusahaan Yang Baik Setiawan, Muhammad Vikri; Abubakar, Lastuti; Rahmawati, Ema
JURNAL USM LAW REVIEW Vol. 6 No. 2 (2023): AUGUST
Publisher : Universitas Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26623/julr.v6i2.6829

Abstract

The aim of this study is to find out and analyze the role of controllers in protecting the interests of publicly-listed company investors by ensuring the implementation of good corporate governance principles. The delay of the implementation of the Annual General Meeting of Shareholders and the publication of annual financial statements are two examples of non-fulfillment of the principles of good corporate governance namely transparency and accountability, which resulting temporary suspending trading of its shares by Indonesia Stock Exchange. When the role of the controller as shareholder who has the ability to control the company is ineffective because the shareholding of the company is less than 50%, the undertake of investors protection become an issue. This research was conducted based on a juridical-normative approach with analytical descriptive specifications based on secondary data. The results of this study revealed that the controller has several mechanisms to control the company to reduce losses for shareholders. However, the determination of a controller with less than 50% shareholding of the company’s shares results in the controlling role towards the company become ineffective and potentially detrimental to the interests of investors. The difference between this research and the previous lies in the object of this study which discusses the role of controllers in ensuring the fulfillment of the principles of good corporate governance so that they can provide protection to investors.
Penyelesaian Kerugian Investor Dari Praktik Insider Trading di Pasar Modal di Indonesia Rivelino, Reyhan; Abubakar, Lastuti; Sudaryat, Sudaryat
JURNAL USM LAW REVIEW Vol. 6 No. 3 (2023): DECEMBER
Publisher : Universitas Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.26623/julr.v6i3.7475

Abstract

The purpose of this research is to examine trading crimes insider are crimes that occur a lot in the Capital Market and are very difficult to prove in the process of handling and solving them so that in this case investors always get the biggest loss point. Law Number 8 of 1995 concerning Capital Markets as amended by Law Number 4 of 2023 concerning the Strengthening and Development of the Financial Sector explains the limitations and legal protection of investors related to Insider Trading practices, but this is considered insufficient to be able to protect investors optimally. This research is written using qualitative juridical writing techniques, namely describing data with theories to answer questions accompanied by legal interpretations so that conclusions can be drawn. The purpose of this study is to discuss how OJK as a supervisory institution in the capital market to handle and resolve Insider Trading practices and how repressive steps are taken after Insider Trading crimes occur so that the protection that investors should get will be realized. Tujuan dari penelitian ini adalah mengkaji kejahatan perdagangan orang dalam (insider trading) merupakan kejahatan yang banyak terjadi di Pasar Modal dan sangat sulit dibuktikan dalam proses penanganannya dan penyelesaiannya sehingga dalam hal ini investor lah yang selalu mendapatkan titik kerugian terbesar. UU Nomor 8 Tahun 1995 tentang Pasar Modal sebagaimana diubah dengan UU Nomor 4 Tahun 2023 tentang Penguatan dan Pengembangan Sektor Keuangan menjelaskan terkait batasan-batasan dan perlindungan hukum investor terkait praktik insider trading, namun hal ini dirasa belum cukup untuk dapat melindungi investor secara optimal. Penelitian ini ditulis dengan menggunakan metode penelitian yuridis kualitatif yaitu mendeskripsikan data dengan teori-teori untuk menjawab pertanyaan disertai dengan penafsiran hukum sehingga dapat ditarik kesimpulan. Hasil penelitian terhadap penyelesaian dan tindakan yang dilakukan OJK dalam insider trading merupakan hal yang penting untuk dilakukan OJK dan terkait dengan tindakannya dilakukan dengan cara melakukan pemeriksaan penyidikan pembuktian hingga penjatuhan sanksi, terkait dengan bentuk perlindungannya bisa dilakukan dengan langkah represif berupa penjatuhan sanksi setelah terjadinya suatu kejahatan dan pelanggaran di pasar modal.     
Restorative Justice in Corporate Dispute Resolution as Business Actor in Indonesia Abubakar, Lastuti; Afriana, Anita; Rajamanickam, Ramalinggam; Fakhirah, Efa Laela
Journal of Indonesian Legal Studies Vol. 9 No. 1 (2024): Navigating Legal Landscapes: Exploring Justice Development in Indonesia and the
Publisher : Universitas Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15294/jils.vol9i1.4573

Abstract

Indonesian limited liability company (Perseroan Terbatas or "PT") is a preferable entity selected by business actors in conducting activities. In this context, the characteristics of PT grant persona standi in judicio, as a legal subject capable of initiating and defending lawsuits in civil and criminal courts under Law No. 40 of 2007. Therefore, this article aimed to discuss the implementation of corporate accountability in the context of PT, and the potential for restorative justice in resolving disputes, relying on secondary sources such as theories, norms, and legal principles. The results show that 1) the application of restorative justice is consistent with the corporate entity's existence to maintain business continuity while upholding accountability as a legal subject, 2) Restorative Justice, centered on fundamental elements of encounter, repair, and transform, represents an effort towards the well-being and integrity of victims, perpetrators, and society. The method enhances legal certainty and protection for parties in PT-related business activities.
Implementing Sustainable Finance Principles: Legal Implications of Ease of Doing Business Towards Banking Credit Approval Saragih, Bagus; Abubakar, Lastuti; Handayani, Tri
Jurnal Komunikasi Hukum Vol 7 No 1 (2021): Februari, Jurnal Komunikasi Hukum
Publisher : Program Studi Ilmu Hukum Fakultas Hukum dan Ilmu Sosial Universitas Pendidikan Ganesha Singaraja

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23887/jkh.v7i1.31456

Abstract

The application of business licensing as a part of the ease of doing business has shifted the obligations present for business actors. One of the forms of said change is the absence of an obligation to conduct EIAs as a basic requirement to acquire a business license. This could boost investment in Indonesia. On the other hand, it also can prompt legal risks that are the revocation of business licenses towards actors that had failed to fulfill business license through OSS RBA. This provision impacts the application of the sustainable finance principle. Without the requirement of EIAs as the prerequisite of business licenses, banks gain the challenge of adjusting their approach towards the gaining of profits from long-term investments depends on a sustainable future on administering of credits by banks. The article aims to analyze the legal implications of changing regulation upon EIAs requirement on business licensing through Online Single Submission towards the application of the sustainable finance principle and the juridical consequences of the use of licenses based on commitments in the approval of bank credit. This research uses a normative juridical approach specifying in the descriptive analysis of primary and secondary law sources. The changed regulation upon EIAs requirement on business licensing through Online Single Submission has legal consequences for the bank to adjusting lending based on the debtor’s business activity stages and requiring EIA as the basis to provide credit on the applications of sustainable finance principle. Sustainable principle pushed out the alteration of banks' approach in the initiation of sustainable economic development with the gaining of profits from long-term investments dependant on future sustainable policy frameworks. The bank must take that approach is through policy frameworks that support sustainable economic development by crystallizing EIAs as a tool for credit decision.
Praktik Konversi Utang Menjadi Saham Sebagai Penerapan Prinsip Business Going Concern dalam Kepailitan dan PKPU Mulya, Jonathan Fide; Abubakar, Lastuti; Afriana, Anita
Jurnal Ilmu Hukum, Humaniora dan Politik Vol. 4 No. 4 (2024): (JIHHP) Jurnal Ilmu Hukum, Humaniora dan Politik (Mei - Juni 2024)
Publisher : Dinasti Review Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/jihhp.v4i4.2142

Abstract

The research was conducted with the aim of knowing and explaining the implementation of business going concern through the conversion of debt into shares (debt to equity swap) in PKPU in order to achieve peace between debtors and creditors. The research was carried out by providing understanding to legal practitioners, entrepreneurs, the government and readers that debtors who experience problems paying debts to two or more creditors can submit a PKPU application to prevent the debtor from being threatened with bankruptcy. The research carried out uses a normative juridical approach which includes research on library materials or secondary materials which includes research on the application of legal principles and norms to produce arguments, theories and inventions for resolving legal problems in implementing business going concern principles through converting debt into shares. (debt to equity swap) in the PKPU process by reviewing the Bankruptcy and PKPU Law (UUKPKPU). The research results show that the conversion of debt into shares (debt to equity swap) is part of debt restructuring in order to provide justice for creditors and debtors by achieving peace at PKPU.
PENYALAHGUNAAN DANA DEPOSITO MILIK NASABAH DITINJAU DARI KETENTUAN HUKUM PERBANKAN SYARIAH Fauziah, Salma; Abubakar, Lastuti; Handayani, Tri
Jurnal Justisia Ekonomika: Magister Hukum Ekonomi Syariah Vol 6 No 1 (2022): Juni 2022
Publisher : Universitas Muhammadiyah Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30651/justeko.v6i1.11648

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AbstractIslamic banks in carrying out their business activities are very likely to be faced with a dispute involving customers and the Islamic bank itself. Not infrequently these disputes arise due to the actions of employees of Islamic banks. This study aims to examine the competence in sharia banking dispute resolution and legal considerations in the Supreme Court Decision No. 2454k/pdt/2019 is related to the legal provisions of Islamic banking. This study uses a qualitative method with a normative juridical approach as well as a descriptive analytical research specification. The results of the study indicate that the absolute competence of sharia banking dispute resolution only exists in the Religious Courts. In addition, BRI Syariah Bank's liability for compensation to customers is a form of taking over the responsibilities of employees by the bank as regulated in Article 1367 of the Civil Code. The compensation is based on the principle of prudence, risk management of Islamic banks, and the bank's function as an agent of trust.Keywords: Islamic Bank, Competence, Responsibility
Tanggung Jawab Notaris terhadap Kerugian yang Timbul Akibat Praktik Pembuatan PPJB yang Tidak Sesuai UUJN Nafisha, Riskava Zahra; Abubakar, Lastuti; Rukmana, Yenni Yunithawati
Innovative: Journal Of Social Science Research Vol. 4 No. 5 (2024): Innovative: Journal Of Social Science Research
Publisher : Universitas Pahlawan Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/innovative.v4i5.15250

Abstract

Pengikatan jual beli merupakan bentuk perjanjian yang muncul dari kebutuhan hukum yang berkembang dalam masyarakat. Pengikatan jual beli tanah merupakan perjanjian tidak bernama, karena tidak ditemukan dalam bentuk-bentuk perjanjian yang diatur dalam KUHPerdata. Akta PPJB yang dibuat dihadapan notaris dibatalkan apabila tidak memenuhi unsur subyektif atau batal demi hukum apabila tidak memenuhi unsur objektif. Akta PPJB yang dibuat dengan cara demikian dapat dinyatakan batal demi hukum, seolah-olah akta tersebut tidak pernah ada. Pihak-pihak yang dirugikan akibat batalnya akta tersebut berhak meminta pertanggungjawaban dari notaris dalam bentuk ganti rugi. Berdasarkan kesimpulan di atas, penulis ingin menyarankan agar notaris lebih berhati-hati dalam menjalankan tugasnya, terutama dalam merumuskan akta. Notaris harus lebih teliti, memberikan edukasi yang jelas kepada para pihak, dan menjaga netralitas tanpa memihak. Dengan cara ini, notaris dapat menghindari tuntutan hukum di masa mendatang akibat kelalaian dalam pembuatan akta.
Tanggung Jawab Wali Amanat Kepada Pemegang Obligasi Dalam Hal Wali Amanat Melakukan Kelalaian Terhadap Kontrak Perwaliamanatan Pangihutan, Kaiji Natanael; Abubakar, Lastuti; Rahmawati, Ema
AL-MANHAJ: Jurnal Hukum dan Pranata Sosial Islam Vol. 5 No. 2 (2023)
Publisher : Fakultas Syariah INSURI Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/almanhaj.v5i2.4059

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The trustee is the party responsible for assisting the implementation of bond issuance and transactions in the capital market. In the implementation of bond issuance, the role of the trustee is crucial in creating legal protection for bondholders. The purpose of this study is to clearly understand the duties and responsibilities of the trustee towards bondholders as well as the legal protection rights possessed by bondholders if the trustee commits acts of negligence under capital market law. The results showed that the trustee must make compensation as a form of legal protection to bondholders in accordance with the regulations contained in the laws and regulations in the field of capital market and bondholders who feel aggrieved can ask the trustee for compensation by means of consensus deliberation or dispute resolution at an alternative dispute resolution institution established by the Service Authority Finance (OJK). Bondholders can also prove to court because the losses suffered are the result of the negligence of the trustee who represents them in a bond issuance process.
APPLICATION OF THE PRINCIPLE OF NOTARY ACCURACY AS AN EFFORT TO AVOID THE PRACTICE OF MAKING NOMINEE AGREEMENTS RELATED TO THE TRANSFER OF LAND OWNERSHIP TO FOREIGN CITIZENS Tiara, Elfira Dela; Abubakar, Lastuti; Baraba, Badar
EKSEKUSI Vol 5, No 2 (2023): Eksekusi : Journal Of Law
Publisher : Universitas Islam Negeri Sultan Syarif Kasim Riau

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24014/je.v5i2.25620

Abstract

This research aims to examine the implementation of the principle of notary accuracy as an effort to avoid the practice of making nominee agreements regarding the transfer of land ownership rights to foreign citizens along with the legal consequences for notaries who ignore the principle of equality with those making deeds based on these agreements.The research method used is normative juridical by examining library materials or secondary data, including legal principles, legal systematics, research on levels of vertical and horizontal synchronization, and legal comparisons. This research uses an applicable legislative approach linked to legal theories and practices relating to legal issues with analytical descriptive research specifications and qualitative juridical data analysis methods.Based on the results of the research, it can be concluded that the refusal to make a deed based on a nominee agreement regarding the transfer of ownership rights to land to a foreign citizen is part of the implementation of the principle of notarial accuracy considering that the deed violates the objective requirements in the form of a halal cause in the terms of the validity of the agreement in Article 1320 of the Civil Code and results in a deed declared null and void by law. Cancellation of an act of nominee agreement provides a legal basis for imposing civil sanctions on the Notary, which may include payment of fees, compensation and interest. By considering the impact, Notaries should carry out their duties carefully, professionally, prioritizing integrity and good morals.
Copyright Content on the YouTube Platform as Collateral for Creative Economy Financing Azka Adriliya, Putri; Abubakar, Lastuti; Handayani, Tri
UNES Law Review Vol. 6 No. 3 (2024)
Publisher : Universitas Ekasakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31933/unesrev.v6i3.1702

Abstract

The utilization of technology presents an opportunity for creative economy practitioners to expand their work, one of which is by leveraging digital platforms. The government provides support for creative economy practitioners through the implementation of Government Regulation Number 24 of 2022, which recognizes intellectual property rights as collateral for financing, similar to how copyright content on platforms like YouTube can be used as fiduciary collateral for intangible movable assets. Through this financing scheme, there is potential for content creators to utilize their content as collateral, aiming to secure financing for productivity. This research employs a juridical analysis method to explore the potential of copyright content on the YouTube platform as collateral for financing within the creative economy. The conclusion drawn is that it is indeed feasible to utilize copyright content on the YouTube platform as collateral for financing, in the form of tangible collateral. Valuation, on the other hand, can be based on the number of viewers or income approaches, even though as of now, there isn't a definitive standardization regarding this matter.