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All Journal JURNAL MAGISTER HUKUM UDAYANA Masalah-Masalah Hukum NOTARIUS Diponegoro Law Journal Al-'Adalah Jurnal Hukum Novelty Tadulako Law Review JURISDICTIE Jurnal Hukum dan Syariah Jurnal Ilmiah Hukum LEGALITY Varia Justicia JURNAL CENDEKIA HUKUM Diponegoro Private Law Review Jambura Law Review Ekspose: Jurnal Penelitian Hukum dan Pendidikan Pena Justisia: Media Komunikasi dan Kajian Hukum JURNAL PEMBANGUNAN HUKUM INDONESIA JURNAL USM LAW REVIEW Al-Manhaj: Jurnal Hukum dan Pranata Sosial Islam Hang Tuah Law Journal Jurnal Hukum dan Pembangunan SASI
Paramita Prananingtyas
Fakultas Hukum, Universitas Diponegoro
Religion Humanities Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Mathematics Social Sciences

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The Responsibility of Limited Liability Company Organs in Group Company (Holding) of State-Owned Enterprises Dahana, Thomas Nanda; Santoso, Budi; Prananingtyas, Paramita
SASI Volume 31 Issue 3, September 2025
Publisher : Faculty of Law, Universitas Pattimura

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47268/sasi.v31i3.3010

Abstract

Introduction: This article examines the legal challenges in the absence of specific regulations governing group companies (holding) in Indonesia, especially within State-Owned Enterprises (SOEs). The core issue lies in determining the liability of the parent company for losses incurred by its subsidiaries due to unclear corporate accountability structures and control relationships in the SOE holding framework.Purposes of the Research: The purpose of this study is to analyze the legal framework that governs the relationship between a parent company and its subsidiaries in SOE holding structures, with particular attention to the responsibility of corporate organs in addressing subsidiary business risks.Methods of the Research: This study applies normative juridical research using a statutory and case-based approach. The analysis is based on secondary legal materials and is supported by comparative law methods from other jurisdictions to evaluate the application of doctrines such as piercing the corporate veil and business judgment rule.Results of the Research: The findings show that the doctrine of piercing the corporate veil may apply when the parent company’s actions result in harm to subsidiaries. However, corporate organs remain protected under the business judgment rule if acting in good faith. This study contributes by offering a legal framework for parent-subsidiary accountability in SOE holdings and comparing it with international practices.
Co-Authors Abdurrohim, Muhammad Dzakki Achmad Budiman Adikta Nugroho Ahmad Syarief, Ahmad Aminah Aminah Aminudin Aziz Anda Narulita, Hardita Angkat Poenta Pratama Athaya, Ghina Beta Avissa Boni Kristobaik Simangunsong Buana, Chriselda Febriany Kartika Budi Ispriyarso Budi Santoso Budiharto Budiharto Budiharto Budiharto Cahyaning Ratri P Dahana, Thomas Nanda Dewanti Nur Indrati Diba, Nabilah Farah Disemadi, Hari Sutra Dita Veronika Dwi Budi Santoso Edy Sismarwoto Erlangga Nugraha Fifiana Wisnaeni Gabriela Pristya Cahyaningtyas Gika Asdina Firanda Giovanni Bagas Hizkia Gubanov, Konstantin Hafidh Prasetyo, Mujiono Hapsari, Shabrina Hari Sutra Disemadi Hari Sutra Disemadi Hari Sutra Disemadi Hari Sutra Disemadi Harsono, Ivan Hartono, Laksamana Varelino Zeustan Hendro Saptono Hendro Saptono Husin Husin Irawati Irawati Irawati Irawati Irawati Irawati Irma Cahyaningtyas, Irma Ismoyo Aji, Anton Kholis Roisah Konstantin Gubanov Kunto Dewandaru, Hilarius Lita Tyesta ALW Lumbanraja, Anggita Doramia Maharani, Ferra Tiara Maimanah, Zahra Amalia Meitiarany Bakhtiar, Rahmah Muhamad Azhar, Muhamad Muhammad Adry Setyawan Muhammad Dzikirullah H. Noho Muhammad Mizan Aufa Nabila, Nisa Ningsih, Ayup Suran Ninik Zakiyah Niswa, Erin Novira Maharani Sukma Novira Maharani Sukma, Novira Maharani Nur, Aisyah Amini Prasetyo, Mujiono Hafidh Pratama, Angkat Poenta Priscilla D Z Saragih Putri Amalia Putri Islami, Nabilla Putri, Nindy Putri, Preeti Kartika Putri, Trisa Mardeta Ratna Kumala Sari Rinaldy Ridwan Noor Rinitami Njatrijani Ristiyana, Gandes Robertha Nimas Ayu R Salwa, Adinda Maura Sartika Nanda Lestari, Sartika Nanda SITI MAHMUDAH Siti Mahmudah Siti Zulaekhah Sukirno Sukirno Suteki, Suteki Syaifuddin, Luthfi Tanaya Setiadi, Andika Thalib, Nur Aisyah Thariq, Muhammad Trinah Asi Islami Ulul Azmi Wahid Hadi Purnomo Wardhani, Harumsari Puspa Widya, Emy Winarso, Teguh Yadev, Marconery Zakiyah, Ninik Zakiyah, Ninik Zhahara, Sekarressie Pathria