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All Journal Journal of Business, Management and Social Studies
Ngabut, Rupertus Arvinci
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Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences Other

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Danantara dan Reformasi Perekonomian Negara dalam Perspektif Teori Keadilan: Antara Pemerataan dan Efisiensi Investasi Negara Ngabut, Rupertus Arvinci; Silalahi, Wilma
Journal of Business, Management, and Social Studies Vol. 4 No. 3 (2024): Journal of Business, Management, and Social Studies
Publisher : APPS Publications

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53748/jbms.v4i3.104

Abstract

This study aims to analyze the role of Danantara, Indonesia’s sovereign wealth fund, in national economic reform through the lens of distributive justice, particularly based on John Rawls’ theory. Using a normative legal method supported by conceptual and statutory approaches, the research examines Danantara’s legal framework and investment practices through literature and legal documents. The findings reveal that Danantara’s current institutional design lacks sufficient safeguards for transparency, public participation, and equitable benefit distribution, failing to prioritize the least advantaged groups in accordance with Rawls’ difference principle. The novelty of this study lies in its application of justice theory as a critical evaluative framework for public investment policy, diverging from traditional economic or managerial analyses of sovereign wealth funds. By focusing on institutional fairness, this paper contributes a new legal-philosophical dimension to debates on economic governance, emphasizing the need for justice-oriented state investment strategies in developing economies such as Indonesia.
Pendekatan Rule of Reason sebagai Cerminan Penafsiran Teleologis dalam Hukum Persaingan Usaha di Indonesia Ngabut, Rupertus Arvinci; Silalahi, Wilma
Journal of Business, Management, and Social Studies Vol. 5 No. 2 (2025): Journal of Business, Management, and Social Studies
Publisher : APPS Publications

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53748/jbms.v5i2.121

Abstract

This study examines the convergence between the Rule of Reason approach and teleological interpretation in the enforcement of Indonesian competition law, particularly in cartel cases. Using a normative doctrinal methodology, the paper explores how substantive economic assessments align with purposive readings of legal norms. Despite the seemingly formalistic wording of Article 5 and 11 of Law No. 5 of 1999, this study finds that the Indonesian Competition Commission (KPPU) has increasingly adopted an effect-based analysis in cartel decisions. This shift suggests a move toward teleological interpretation that emphasizes legal purpose and economic rationale. The research contributes to the refinement of interpretive theory in Indonesian competition law and offers practical insights for enhancing regulatory consistency and adaptive law enforcement.
Co-Authors Silalahi, Wilma