Syiah Kuala Law Journal
Vol 5, No 2: Agustus 2021

Information Inequality With Insider Trading Practices in The Indonesian Capital Market

Nararia Aji Bhuana (Universitas Airlangga)
Celia Rahma Putri Eritika (Universitas Airlangga)
Brawijaya B Kusuma (Universitas Airlangga)



Article Info

Publish Date
30 Aug 2021

Abstract

This paper focus on discussing the issue of insider trading pratices in the Indonesian capital market. Bearing Act 8 of 1995 concerning the Capital Market does not provide a clear definition of insider trading. Insider trading is a practice carried out by people in the corporation who in carrying out trading activities make use of information exclusively through insiders. Insider trading is one of the crimes in the capital market which has a very detrimental impact on many parties. The existence of inside information that is not yet available to the public is misused to trade shares on that information. The practice of insider trading is a capital market crime which in terms of proof is very difficult to prove. The practice of insider trading is a violation of the principle of transparency, even though the objective of implementing the principle of openness is to ensure transparency in capital market activities.

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Journal Info

Abbrev

SKLJ

Publisher

Subject

Humanities Law, Crime, Criminology & Criminal Justice

Description

We are interested in topics relating to domestic and international legal issues. it accepts articles relating to Civil Law, Criminal Law, Civil Procedural Law, Criminal Justice Process, Commercial Law, Constitutional Law, International Law, State Administrative Law, Adat Law, Islamic Law, Agrarian ...