Media Hukum Indonesia (MHI)
Vol 4, No 2 (2026): June

Implikasi Kebijakan TKDN terhadap Minat dan Kinerja Emiten Asing di Sektor Teknologi dalam Pasar Modal Indonesia

Muhammad Alldo Hibahtillah (Magister Ilmu Hukum, Universitas Negeri Semarang, Jawa Tengah, Indonesia)
Sang Ayu Putu Rahayu (Magister Ilmu Hukum, Universitas Negeri Semarang, Jawa Tengah, Indonesia)
Duhita Driyah Suprapti (Magister Ilmu Hukum, Universitas Negeri Semarang, Jawa Tengah, Indonesia)



Article Info

Publish Date
12 Jun 2026

Abstract

Factually, the implementation of the Domestic Component Level (TKDN) policy in Indonesia creates various implications for foreign technology issuers in the Indonesian capital market, both as an opportunity and a challenge. This study aims to analyze the legal framework governing TKDN policies and examine their implications for the interest and performance of foreign issuers in the technology sector within the Indonesian capital market. This research employs a normative juridical method with statutory and conceptual approaches through the analysis of primary and secondary legal materials. The results indicate that TKDN policy has been regulated through several laws and regulations, including Law Number 3 of 2014 concerning Industry and various ministerial regulations related to domestic component requirements in the technology sector. The policy is intended to strengthen domestic industries, encourage technology transfer, and increase the competitiveness of local products. However, in practice, the implementation of TKDN policies may influence the attractiveness of Indonesia’s capital market for foreign technology issuers due to regulatory complexity, compliance costs, and limitations in domestic industrial capacity.

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Journal Info

Abbrev

MHI

Publisher

Subject

Law, Crime, Criminology & Criminal Justice

Description

The aims of this journal is to provide a venue for academicians, researchers, and practitioners for publishing the original research articles or review articles. The scope of the articles published in this journal deals with a broad range of topics in the fields of Criminal Law, Civil Law, ...