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The Development of Corporate Financing Law: Empirical Practices of Business Financing in the "PaDi UMKM" Marketplace Shafa Dinda Putri; Tarsisius Murwadji; Etty Mulyati
Khazanah Hukum Vol. 4 No. 1 (2022): Khazanah Hukum Vol.4 No.1 April (2022)
Publisher : UIN Sunan Gunung Djati

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.15575/kh.v4i1.16734

Abstract

Micro Small Medium Enterprises (MSMEs) are the largest segment of national economic actors that can continue to grow. Still, in practice, MSMEs are difficult to develop because several obstacles are faced, especially in the digital world, which is difficult to get financing because of the unfulfilled collateral requirements. In its development, corporate financing also uses information technology media. This research aims to analyze juridical reviews of Corporate Finance Law in digital platforms, business financing practices on MSMEs Digital Market (PaDi) Marketplace in MSMEs development efforts, and invoice financing as collateral development in MSMEs company financing. The research methods used are normative juridical with analytical descriptive research specifications. The results of this study show: (1) corporate financing has been regulated in several laws and regulations and related to its development in digital platforms is implied to be regulated through Financial Services Authority Regulation Number 13/POJK.02/2018; (2) MSMEs Digital Market (PaDi) Marketplace acts as a facilitator of buying and selling as well as providing finance; and (3) the new securities theory of Performance Securities is realized through invoice financing as finance without collateral.
Akibat Hukum Pemberlakuan Multi Voting Shares Oleh Otoritas Jasa Keuangan Di Indonesia Marcelline Allegra; Tarsisius Murwadji; Nun Harrieti
ALADALAH: Jurnal Politik, Sosial, Hukum dan Humaniora Vol. 1 No. 2 (2023): Jurnal Politik, Sosial, Hukum dan Humaniora
Publisher : LP3M INSTITUT KH YAZID KARIMULLAH

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59246/aladalah.v1i2.200

Abstract

Otoritas Jasa Keuangan (OJK) melalui Peraturan Otoritas Jasa Keuangan 22/2021 memperbolehkan perusahaan tertentu untuk menerapkan Multi Voting Shares (MVS). Diterapkannya MVS mengakibatkan rasio antara hak suara dan kepemilikan saham yang tidak seimbang. Adapun tujuan yang hendak dicapai dalam penelitian ini adalah untuk menganalisis akibat hukum dari pemberlakuan Multi Voting Shares dihubungkan dengan penerapan Good Corporate Governance sebagaimana diamanatkan pada Undang-Undang No. 40 Tahun 2007 tentang Perseroan Terbatas. Penelitian ini menggunakan metode deskriptif analitis dan metode pendekatan yuridis normatif dengan mengkaji bahan hukum primer, sekunder, dan tersier. Berdasarkan penelitian ini diketahui bahwa MVS dapat meningkatkan potensi dilanggarnya berbagai prinsip GCG, yaitu prinsip Independensi, prinsip akuntabilitas, prinsip transparansi, dan prinsip kesetaraan dan kewajaran. Tidak hanya itu, MVS juga berpotensi meningkatkan terjadinya transaksi self-dealing yang dapat mengakibatkan ketidakpastian hukum bagi para pemegang saham minoritas.
PEMBERDAYAAN USAHA MIKRO KECIL DENGAN PENINGKATAN PRODUK PANGAN BERSERTIFIKAT HALAL MELALUI CORPORATE SOCIAL RESPONSIBILITY Tarsisius Murwadji
Dialogia Iuridica Vol. 11 No. 2 (2020): Volume 11 Nomor 2 Tahun 2020
Publisher : Faculty of Law, Maranatha Christian University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28932/di.v11i2.2392

Abstract

Halal food products are one part of Islamic Sharia, especially for Muslim consumers. The circulation of food products in Indonesia, one of which comes from the Micro Small Enterprises (MSEs), which also has an important role in improving the economy. Increasing the ownership of halal certificates for MSEs halal food products can be done through the Corporate Social Responsibility (CSR) program provided by the stakeholders. The research method used in this research is normative juridical by emphasizing on literature study and supported by field data. The results of this study indicate that one of the empowerment for the development of MSEs can be through an increase in halal-certified food products given the halal product consumer market in Indonesia is very large. Improvement of halal-certified food products at MSEs can be through CSR programs specifically aimed at empowering and developing MSEs. In addition, through CSR programs, companies and other stakeholders can become MSEs partners in marketing halal-certified food products.
Materiality conflicts in dual suistanability-reporting regimes: indonesia’s transition from impact-based OJK rules to ISSB financial materiality Chandra Erick Manaek Pandapotan Lumban Gaol; Tarsisius Murwadji; Beniadi Setiawan
Lentera Negeri Vol. 7 No. 1 (2026): Lentera Negeri
Publisher : Indonesian Institute For Counseling, Education and Therapy

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29210/992520

Abstract

The contemporary architecture of corporate sustainability reporting is undergoing an unprecedented epistemological rupture, transitioning from a localized, impact-oriented paradigm under the Indonesian Financial Services Authority (OJK) toward a globally standardized, financial-materiality framework promulgated by the International Sustainability Standards Board (ISSB). This paradigm shift, culminating in the ratification of PSPK 1 and PSPK 2 effective January 1, 2027, precipitates a profound jurisprudential paradox regarding regulatory compliance and corporate fiduciary duties within emerging markets. Traditional orthodox normative legal research has systematically failed to decode the sociological frictions inherent in this dual-regime landscape, often falsely dichotomizing the frameworks as either mutually exclusive or seamlessly harmonized (Abhayawansa, 2022; Adams & Mueller, 2022). Eradicating these archaic theoretical lacunae, this research operationalizes a cutting-edge methodological fusion, integrating Socio-Legal Analysis with Project-Based Legal Epistemology. By dissecting the "asymmetrical incomplete overlap" between POJK No. 51/POJK.03/2017's mandatory economic, social, and environmental disclosure floor and the ISSB’s investor-centric financial-materiality overlay, this study confronts the realities of symbolic compliance and governance-washing within the extractive and corporate sectors (Correa-Mejía et al., 2024; Dragomir et al., 2025). As a tangible project-based output, this manuscript engineers a highly prescriptive, four-step conflict-resolution protocol materialized through a concrete Academic Compliance Matrix. This matrix structurally reconciles dual-tagging mechanisms, value-chain boundary delimitations, and board-level accountability escalations, thereby establishing an indisputable, interoperable legal blueprint for transnational corporate governance and integrated compliance sustainability.
Integrasi Ilmu Mutu kedalam Audit Mutu Hukum di Indonesia Tarsisius Murwadji
Jurnal Hukum Positum Vol. 1 No. 2 (2017): JURNAL HUKUM POSITUM
Publisher : Prodi Magister Ilmu Hukum Fakultas Hukum Universitas Singaperbangsa Karawang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35706/positum.v1i2.845

Abstract

Pada saat ini kalangan hukum beranggapan bahwa para sarjana hukum tidak perlu mempelajari ilmu mutu karena berkaitan dengan industri, oleh karena itu para ekonom dan teknokratlah yang harus mempelajarinya. Tanpa mempelajari ilmu mutu bagaimana mungkin hukum dan penerapannya akan bermutu. Permasalahan hukum pada saat ini bersumber pada ketidaktahuan dan atau keengganan para pemangku hukum terhadap ilmu mutu. Audit mutu hukum merupakan integrasi ilmu mutu kedalam sistem audit hukum, dalam hal ini yang diaudit adalah “mutu” dari hukum tersebut. Parameter mutu hukum yang dijadikan penguji hukum adalah: mutu produk hukum, biaya rendah, ekses pelaksanaan hukum, keamanan hukum, moral pelayanan, sistem hukum, kemampuan penyesuaian.
Penerapan Manajemen Risiko Operasional Perbankan di Koperasi Guna Meningkatkan Citra Koperasi di Masyarakat Tarsisius Murwadji
Jurnal Hukum Positum Vol. 3 No. 1 (2018): Jurnal Hukum Positum
Publisher : Prodi Magister Ilmu Hukum Fakultas Hukum Universitas Singaperbangsa Karawang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35706/positum.v3i1.2666

Abstract

Dewasa ini, koperasi memiliki kelemahan yaitu kurangnya kepercayaan masyarakat terhadap koperasi, sehingga diperlukan strategi atau paradigma baru untuk membangun citra koperasi dalam rangka peningkatan kapasitas kelembagaan koperasi. Strategi atau paradigma baru dalam membangun citra koperasi dapat dilakukan salah satunya melalui penerapan manajemen risiko operasional perbankan di koperasi. Bank juga dapat membantu penerapan manajemen risiko operasional perbankan ke koperasi melalui linkage program perbankan. Metode penelitian yang digunakan yaitu yuridis normatif dengan teknik pengumpulan bahan hukum melalui studi kepustakaan terhadap hukum positif dalam hal ini yang mengatur tentang koperasi dan perbankan. Dari hasil penelitian diketahui bahwa koperasi dimungkinkan untuk dapat menerapakan manajemen risiko operasional dan linkage program dapat dijadikan sarana bank untuk membantu koperasi dalam menerapkan manajemen risiko operasional tersebut.
The Role of Academics in Corporate Social Responsibility to Increase Business Capacity of Micro Small and Medium Enterprises Teguh Tresna Puja Asmara; Tarsisius Murwadji
Jurnal Hukum Positum Vol. 4 No. 1 (2019): Jurnal Hukum Positum
Publisher : Prodi Magister Ilmu Hukum Fakultas Hukum Universitas Singaperbangsa Karawang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35706/positum.v4i1.3004

Abstract

Micro, Small and Medium Enterprises (MSMEs) in Indonesia has a significant role in national economic development. In addition to supporting the economic growth and providing job opportunities, MSMEs also takes a role in distributing development results.  Based on Statistics Indonesia (BPS) in 2016, from a total of 59,693,791 business units in Indonesia, 99.89 percent is MSMEs and its contribution to Indonesia’s Gross Domestic Product (GDP) reached 62.5 percent, workforce absorption up to 95 percent and its contribution to exports non-oil and gas up to 16.45 percent. However nowadays, MSMEs has to face some problems. One of which is related to capital and business development. The capital and business development issues can be solved through Corporate Social Responsibility (CSR) program. Yet, CSR requires a suitable strategy for a successfull and effective implementation. This research is analytical descriptive using normative juridical approach. The results showed that the implementation of CSR could not be felt optimally in order to develop MSMEs. The concept of CSR implementation by the collaboration of stakeholders is expected to provide a solution so that CSR can be implemented appropriately and effectively. One of the stakeholders in CSR is the academics, where CSR in a broad sense can also be a Community Service Program in Universities.
Analysis Legal Awareness in Sustainable Finance through the Good Corporate Governance Risk Compliance Framework under POJK No. 51/POJK.03/2017 Chandra Erick Manaek Pandapotan Lumban Gaol; Tarsisius Murwadji; Beniadi Setiawan
Law Development Journal Vol 8, No 2 (2026): June 2026
Publisher : Universitas Islam Sultan Agung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30659/ldj.8.2.1163-1190

Abstract

The implementation of sustainable finance in Indonesia continues to face a significant gap between regulatory expectations and corporate practices, particularly in the coal mining sector. Despite the Sustainability Report requirement under POJK No. 51/POJK.03/2017, environmental violations and inadequate post-mining reclamation demonstrate that formal compliance may not reflect substantive legal awareness. This study aims to examine the implementation of sustainable finance obligations and assess the legal awareness of major coal mining issuers through the Good Corporate Governance, Risk, and Compliance (GC-GRC) framework. A normative-empirical (socio-legal) approach was employed using hybrid content analysis to triangulate primary data from corporate sustainability reports with secondary data documenting thirty environmental and social violations. The findings reveal persistent greenwashing practices, where formal sustainability disclosures are inconsistent with empirical environmental performance. Most issuers demonstrate an Instrumental Legal Culture, treating compliance primarily as a means to avoid regulatory sanctions rather than as an internalized commitment to ecological justice. The study concludes that strengthening sustainable finance requires not only regulatory compliance but also the transformation of corporate legal culture through an effective GC-GRC framework and stronger institutional enforcement.
Cyber Notary as A Mean of Indonesian Economic Law Development Ikhsan Lubis; Tarsisius Murwadji; Sunarmi Sunarmi; Detania Sukarja
Sriwijaya Law Review Volume 7, Issue 1 January 2023
Publisher : Faculty of Law, Sriwijaya University, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.28946/slrev.Vol7.Iss1.1972.pp62-72

Abstract

This paper tries to show how Indonesian economic law has evolved via the emergence of the cyber notary idea. Notaries engage in various everyday tasks and activities in the fantastic world development, such as giving the clients the finest service possible and impacting the economy. According to the law, notaries are required to be able to help and support anyone who requires genuine written documentation of legal situations, events, or activities. This study employs qualitative approaches and descriptive analysis. Additionally, researchers are interested in the phenomenon that examines the idea of a cyber notary as a way to advance Indonesian commercial law. Qualitative research aims to conduct extremely thorough investigations that examine the research's findings in great detail. Both primary data and secondary data are employed as sources of information. The findings demonstrate that cyber notary adds value to electronic documents by legalising them, for example, in addition to digitising notarial operations. However, because many aspects need to be ready, its implementation will take some time. Article 1868 of the Indonesian Civil Code stipulates that a genuine deed is a deed in a certain form that has been prescribed by law and is made before a public authority.
Conceptualising Big Data within the Indonesian Trade Secrets Legal Framework Taufiqurrohman, Moch. Marsa; Murwadji, Tarsisius; Lita, Helza Nova
Jurnal Kajian Pembaruan Hukum Vol. 5 No. 2 (2025): July-December
Publisher : University of Jember, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.19184/jkph.v5i2.53686

Abstract

Big data phenomenon has transformed global digital economy landscape, yet unclear legal status in Indonesia creates protection gaps that disadvantage technology innovators and business actors. This legal uncertainty has become increasingly urgent as Indonesia's digital economy accelerates post-pandemic, with data-driven startups and established businesses facing immediate risks from inadequate intellectual property protection in competitive global markets. Insufficient legal framework to protect big data as intellectual assets potentially hinders technology investment and knowledge transfer in digital transformation era. This article, employing a combination of normative juridical research and comparative analysis methodology, aims to establish big data conceptualization as trade secret protection objects within Indonesia's intellectual property legal framework. This article argues that big data characteristics encompassing information secrecy, substantial economic value, and adequate protection efforts, fulfill trade secret requirements as regulated in Article 3 of Law Number 30 Year 2000 concerning Trade Secrets. Analysis of big data protection practices in European Union through Trade Secrets Directive and comparative study with United States and China jurisprudence demonstrates legal approach convergence enabling adaptation within Indonesian legal system. This ultimately meets business information protection elements based on Article 2 of Law Number 30 Year 2000 concerning Trade Secrets, rendering big data protection practices as trade secrets legally justifiable. Article concludes by suggesting that policymakers should establish adequate frameworks and regulations to accommodate big data protection as trade secrets in digital markets. This would promote sustainable technology innovation and protect Indonesian digital business actors' interests in global competition.
Co-Authors ., Hasna Agus Budiman Agus Suwandono Agus, Yoga Mulya Anggi Saraswati Ayunda Gayatri Maheswari Azzahra Jihan Shubihantoro Bambang Daru Nugroho Bambang Daru Nugroho Beniadi Setiawan Chandra Erick Manaek Pandapotan Lumban Gaol Chandra Erick Manaek Pandapotan Lumban Gaol Dadang Epi Sukarsa Dadang Epi Sukarsa Deden Suryo Rahardjo Dedi Harianto Dewi Ari Shia Wase Meliala Dewi Parhusip Djuhaendah Hasan Efa Laela Fakhriah Elisatris Gultom Elvetta, Shisca Etty Mulyati Fahrurrozi, Rizky Gilda Nathania Sirait Haliman, Yudi HASIM PURBA Helza Nova Lita Helza Nova Lita Helza Nova Lita Hernadi Affandi Holyness Nurdin Singadimedja Huala Adolf Ikhsan Lubis Illona Novira Elthania Karnosaputra, Yanto Kilkoda Agus Saleh Kusuma, Sylvia Lubis, Ikhsan Lukmanul Hakim Maheswari, Ayunda Gayatri MAHMUL SIREGAR Marcelline Allegra Marcelline Allegra Mariane Magda Ketaren Mbilinyi, Francis Daniel Mien Rukmini, Mien Moch. Marsa Taufiqurrohman Mochamad Dzaki Ansori Nisabilah Anjani Novrizha Dinda Larasati Nun Harrieti Nun Harrieti Nun Harrieti, Nun Parlin Dony Sipayung Patricia Mutiara Karinta Permana, Sudaryat Putri, Salma Indah Rahardjo, Deden Suryo Renny Supriyatni Bachro Robert, Robert Rosmalinda, Rosmalinda Salma Indah Putri Salsabila Chairunnisa Seyba Nabilla Iwandha Shafa Dinda Putri Shannia Angelia Rahardjo Sheila Eldi Azzahra Sukarja, Detania Sunarmi Sunarmi Sunarmi Supraba Sekarwati Widjayani Syifa Afiani Widaningtyas Taufiqurrohman, Moch. Marsa Teguh Tresna Puja Asmara Veronica, Angela Vonny Rachel Caroline Windi Afdal, Windi Zulfa, Indani