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All Journal Jurnal IUS (Kajian Hukum dan Keadilan) Nagari Law Review Awang Long Law Review Journal of Humanities and Social Studies Pagaruyuang Law Journal Pena Justisia: Media Komunikasi dan Kajian Hukum Jurnal Syntax Transformation Devotion: Journal of Research and Community Service International Journal of Social Service and Research Interdisciplinary Social Studies Jurnal Impresi Indonesia Indonesian Journal of Multidisciplinary Science Journal of Social Research Journal Of World Science Jurnal Locus Penelitian dan Pengabdian Journal of Comprehensive Science Edunity: Kajian Ilmu Sosial dan Pendidikan INJURITY: Journal of Interdisciplinary Studies Jurnal Indonesia Sosial Sains Journal Research of Social Science, Economics, and Management Cerdika: Jurnal Ilmiah Indonesia Journal of Social Science Rechtsnormen Journal of Law Jurnal Greenation Sosial dan Politik
Faisal Santiago, Faisal
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Journal : Jurnal IUS (Kajian Hukum dan Keadilan)

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Reconstruction of the Business Judgment Rule Doctrine in Indonesia: Legal Comparison with England, Canada, the United States, and Australia Santiago, Faisal
Jurnal IUS Kajian Hukum dan Keadilan Vol. 12 No. 1: April 2024: Jurnal IUS Kajian Hukum dan Keadilan
Publisher : Magister of Law, Faculty of Law, University of Mataram

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29303/ius.v12i1.1371

Abstract

This research specifically analyzes the comparison of the substance of the business judgment rule doctrine in Indonesia with that in other countries by comparing several countries, namely: England, Canada, the United States and Australia. The aim of this research is to reconstruct the future regulation of the business judgment rule doctrine in Indonesia. This research is normative legal research that prioritizes conceptual, statutory, case, and comparative approaches. The research results show that the principles related to the business judgment rule doctrine in Indonesia include the principle of good faith, the principle of prudence, the principle of expediency, and the principle of legal certainty. The characteristics of the business judgment rule doctrine in Indonesia, as contained in statutory regulations and court decisions, actually emphasize the mechanisms that must be taken by directors before making a decision, namely the obligation to prioritize the willens aspect, namely knowing a decision to be taken, and the wettens aspect, namely wanting and understanding the potential consequences. by a decision to be taken. Reconstructing the business judgment rule doctrine in Indonesia by referring to practices in England, Canada, the United States, and Australia, the BJR regulations in Indonesia actually require reconstruction or updating in the future by formulating specific regulations regarding the BJR doctrine in Indonesia and providing space for judicial institutions to develop the application of the BJR doctrine according to developing cases.
Co-Authors Abdul Kadir Achmad, Suparji Agus Supriyanto Ahmad Redi, Ahmad Ahmad Sahroni, Ahmad Alfiani, Francisca Romana Nanik Aljawi, Muhammad Farid Ariany, Erry Arief Fakrulloh, Zudan Azis, Miftakul Bakir, Herman Barthos, Megawati Basri, Herlina Budianto, Azis Daniel Balubun, Daud Difa, Aulia Diantama Djunaedi, Tubagus Rekayasa Kamal Effendy, D. Andry Endriyana, Riza Enny Kristiani Fahrur Rozi, Agus Fathiyah, Shofa Franata, Hugo S Guspitawaty, Elita Gusti Gede Maha Andika Jaya, I Hamdi, Muhammad Arief Hedwin Hanggara, Lalu Hendrawati, Sulkiah Irawanto Israhadi, Evita Isretno Isretno Israhadi, Evita Jasi, Askolani M. Zahlan, M. Zahlan Mahmuddin Mahmuddin Melannie, Wennie Nasution, Adhitya Anugrah Noval, Cepi Nugroho Marsudianto, Dwi Palar, Hari Priyanto, Bambang Budi Puja Laksana, Andik Rika Santina Rizalni Kurniawan, Aan S Franata, Hugo Saka, Risti Salamony, Jetter Wilson Samiyono, Sugeng Sapan, Heber Hombang Sari, Amalia Sarwono, Aditya Pratama Satoto, Endro Setiawan, Dwi Nur Setyawati, Niken Budi Sirot, Sirot Soedirjo, Achmad Taufan Sri Inggriani, Sri Sudradjat, Mohamad Adya Laksmana Sumartono Sumartono Suparno Suparno Supriyanto Supriyanto Syahputra, M Arif Taufan Soedirjo, Achmad Wijaya, Armen Wiraguna, Sidi Ahyar Wiraputra, Anindito Rizki Wulandari, Evita Vibriana Yanto, Sapta Eka Yudhistira, Dhieno Yusuf, Hudi Yuswanti, Adillah Zakaria, Taufan Zudan Arif Fakrulloh Zuwanda, Rifka