IJLSH
Vol. 1 No. 1 (2024): IJLSH - July 2024

The Legal Position of Corporate Crime in Indonesia

Joelman Subaidi (Unknown)
Budi Bahreisy (Unknown)



Article Info

Publish Date
09 Jul 2024

Abstract

In the context of Indonesian criminal law, legal subjects extend beyond humans or individuals to include legal entities or corporations. Corporations, as legal entities that can be held accountable for their actions, are subject to a range of legal frameworks, including those outlined in various laws such as Law No. 7 Drt. Year 1955 concerning Investigation, Prosecution and Trial of Economic Crimes, Law No. 31 Year 1999 as amended by Law No. 20 Year 2001 concerning Amendments to Law No. 31 Year 1999 concerning Eradication of Crimes, Law No. 9 Year 2013 concerning Prevention and Eradication of Criminal Acts of Terrorism Financing, Law No. 31 Year 1999 concerning Corruption Eradication, Law No. 41 Year 1999 concerning Forestry and others. Criminalizing corporations differs from criminalizing individuals due to the inherently distinct nature of corporations, which is not subject to the same legal principles as individuals within the criminal law. While certain forms of punishment can be imposed upon people, they are not applicable to corporations; for example, imprisonment and death penalty. Therefore, it is necessary to impose an appropriate form of punishment on corporations in order to achieve the objectives of criminalization. Accordingly, a variety of sanctions exist that are regulated by several different laws, including probation sanctions, equity fines, diversion to alternative sanctions, supplemental sanctions, community service sanctions, the authority of external legal entities, and the requirement to purchase shares.

Copyrights © 2024






Journal Info

Abbrev

ijlsh

Publisher

Subject

Social Sciences

Description

The International Journal of Law, Social Science, and Humanities (IJLSH) is a periodically published scientific research and scholarly work authored by legal experts, academics, practitioners, and researchers in the fields of law, social sciences, and humanities. The International Journal of Law, ...