HUKMY : Jurnal Hukum
Vol. 6 No. 2 (2026): HUKMY : Jurnal Hukum

DELISTING PAKSA DAN KERENTANAN INVESTOR PUBLIK: TINJAUAN ATAS PERLINDUNGAN HUKUM DI PASAR MODAL INDONESIA

Yuni Putri Dewantara (Fakultas Hukum Universitas Pelita Harapan, Kampus Surabaya, Indonesia)
Michelle Hadi (Fakultas Hukum Universitas Pelita Harapan, Kampus Surabaya, Indonesia)
Carissa Amanda Siswanto (Fakultas Hukum Universitas Pelita Harapan, Kampus Surabaya, Indonesia)



Article Info

Publish Date
10 Oct 2025

Abstract

The impact of forced delisting on public investors, especially minority shareholders, on the Indonesian capital market is examined in this paper. Investors are frequently left unable to trade their shares and at danger of financial loss when a firm is forced to delist from the stock exchange owing to regulatory infractions or noncompliance with listing standards. The purpose of this study is to assess the level of legal protection afforded to public investors and to examine the legislative framework controlling forced delisting. Based on library research of pertinent laws and regulations, the study employs normative legal research methods utilizing statutory and conceptual approaches. The results demonstrate that despite the existence of delisting legislation, there are substantial gaps in investor protection, particularly with regard to compensation mechanisms and issuer duties following delisting. Although the Financial Services Authority (OJK) has adopted preventive protection through disclosure standards and supervisory duties, the effectiveness of repressive actions is still restricted. Therefore, to provide equitable treatment and improved protection for public investors in situations of forced delisting, more precise and robust legal safeguards are required.

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Journal Info

Abbrev

hukmy

Publisher

Subject

Religion Humanities Law, Crime, Criminology & Criminal Justice Social Sciences

Description

HUKMY: Jurnal Hukum adalah media publikasi ilmiah yang terbit setiap bulan April dan Oktober. Artikel yang diterbitkan merupakan hasil seleksi dengan sistem double-blind review. HUKMY: Jurnal Hukum menerima naskah dalam bentuk hasil penelitian normatif, empiris, studi doktrinal, gagasan konseptual, ...