PENERAPAN PERATURAN PENGHENTIAN SEMENTARA PERDAGANGAN SAHAM (SUSPENSI) OLEH BURSA EFEK INDONESIA KAITANNYA TERHADAP PERLINDUNGAN HUKUM INVESTOR

2019 ◽  
Vol 7 (1) ◽  
pp. 143
Author(s):  
Katerine Septia Ulina Bonjou , ◽  
Yudho Taruno Muryanto ,
Keyword(s):  
Capital Market ◽  
Legal Protection ◽  
Capital Gains ◽  
Research Approach ◽  
Conceptual Approach ◽  
Financial Report ◽  
Good Corporate Governance ◽  
Maximum Duration ◽  
Buy Back ◽  
Stock Suspension

<p>Abstract<br />This artickle Aims to analyzed the legal protection that could be provided by Indonesian Stock Exhanges <br />(IDX) and Financial Fervices Authorityo(OJK) towards investors of trading halt stock       (suspension) roles <br />by the IDX which not specify the maximum duration of the sanction given to the issuer . This research is a <br />type of normative legal research that is prescriptive and applied. This study uses primary legal materials <br />in the form of regulations and related legislation and secondary legal materials in the form of official legal <br />documents. The research approach uses conceptual approach, statute approach, and case approach. <br />Based on the results of the study, investors have a greater risk of stock suspension through the condition of <br />issuers that can not maximize income and management of the company, so that investors can not receive <br />dividends and capital gains from the company within a few years. Thus, investors may be granted protection <br />in the presence of regulations that provide preventive legal protection through disclosure of information <br />either through prospectus, annual report, interim financial report, incidental report, and public expose, <br />as well as articles in Capital Market Law about disclosure, and repressive legal protection is investors <br />can give complaints to OJK. regarding the company’s negligence in the management of the company in <br />applying the principles of good corporate governance so that OJK may consider giving compensation, <br />then the form of protection from the IDX itself is to set ‘delisting’ to issuers who get suspension sanction <br />for years, so it might has a possibility to the returning of investor funds by using the mechanism of share <br />buy back by issuers as a form of legal protection to investors<br />Keywords: Legal Protection ; Suspension ; Investors;</p><p>Abstrak<br />Artikel ini bertujuan untuk menganalisis perlindungan hukum investor yang dapat diberikan dari Bursa <br />Efek Indonesia (BEI) dan Otoritas Jasa Keuangan (OJK) terhadap peraturan penghentian sementara <br />perdagangan saham (suspensi) oleh BEI yang tidak menentukan jangka waktu maksimum sanksi yang <br />diberikan kepada emiten. Penelitian ini adalah jenis penelitian hukum normatif yang bersifat preskriptif <br />dan terapan. Penelitian ini menggunakan bahan hukum primer berupa regulasi dan legislasi terkait dan <br />bahan hukum sekunder dalam bentuk dokumen hukum resmi. Pendekatan penelitian menggunakan <br />pendekatan konseptual, pendekatan perundang-undangan, dan pendekatan kasus. Berdasarkan hasil <br />penelitian, investor memiliki risiko lebih besar terhadap suspensi saham yang terjadi akibat dari kondisi <br />emiten yang tidak dapat maksimal pendapatan dan manajemen perusahaan, sehingga investor tidak <br />dapat menerima dividen dan capital gain dalam perusahaan dalam beberapa tahun. Dengan demikian, <br />investor dapat diberikan perlindungan dengan adanya peraturan yang memberikan perlindungan hukum <br />preventif  melalui  keterbukaan  informasi  secara  berkala  baik  melalui  prospektus,  laporan  tahunan, <br />laporan  keuangan  interim,  laporan  insidentil,  dan  paparan  publik,  serta  pasal-pasal  yang  terdapat <br />dalam Undang-undang pasar modal mengenai keterbukaan, dan perlindungan hukum represif, yaitu <br />investor dapat memberikan pengaduan kepada OJK. mengenai kelalaian perusahaan dalam manajemen <br />perusahaan dalam menerapkan prinsip-prinsip tata kelola perusahaan yang baik sehingga OJK dapat <br />mempertimbangkan untuk memberikan ganti rugi, kemudian bentuk perlindungan dari BEI sendiri adalah <br />untuk menetapkan ‘delisting’ kepada emiten yang mendapatkan sanksi suspensi selama bertahun-tahun, <br />sehingga potensi kembalinya dana investor dapat terjadi dengan menggunakan mekanisme pembelian <br />saham kembali oleh emiten sebagai bentuk perlindungan hukum kepada investor<br />Kata Kunci: Perlindungan Hukum, Suspensi, Investor.</p>

scholarly journals PENGATURAN KOMPETENSI KOMISARIS INDEPENDEN DALAM MEWUJUDKAN GOOD CORPORATE GOVERNANCE

2017 ◽  
Vol 6 (4) ◽  
pp. 417
Author(s):  
Ni Komang Putri Rahayu
Keyword(s):  
Corporate Governance ◽  
Capital Market ◽  
Research Method ◽  
Code Of Conduct ◽  
Limited Liability ◽  
Core Competency ◽  
Company Law ◽  
Limited Liability Company ◽  
Conceptual Approach ◽  
Good Corporate Governance

The objective of the research is to reveal the Competence of Independent Commissioners in realizing Good Corporate Governance. The research method used is normative juridical research method with conceptual approach, legislation and case approach. The result of the research shows that the Independent Competence of Independent Commissioners in achieving Good Corporate Governance means that the regulation of the competence and integrity requirements of independent commissioners in Good Corporate Governance, especially the competency requirements are regulated in Limited Liability Company Law and Capital Market Law which regulates core business competence and core competency behavior. Meanwhile, the integrity of an independent commissioner is regulated in a code of conduct that an independent commissioner must adhere to. Tujuan penelitian untuk mengetahui pengaturan Kompetensi Komisaris Independen dalam mewujudkan Good Corporate Governance. Metode penelitian yang digunakan adalah metode penelitian yuridis normatif dengan pendekatan-pendekatan konseptual, perundang-undangan dan pendekatan kasus. Hasil penelitian menunjukkan pengaturan Kompetensi Komisaris Independen dalam mewujudkan Good Corporate Governance dimaksudkan bahwa pengaturan syarat kompetensi dan integritas komisaris independen dalam Good Corporate Governance khususnya syarat kompetensi diatur dalam Undang-Undang Perseroan Terbatas dan Undang-Undang Pasar Modal yang mengatur mengenai kompetensi inti bisnis dan kompetensi inti perilaku. Sementara itu, untuk integritas komisaris independen diatur dalam code of conduct (pedoman perilaku) yang harus dipatuhi oleh komisaris independen.

scholarly journals KEWENANGAN OTORITAS JASA KEUANGAN MENGENAI PERLINDUNGAN HUKUM BAGI INVESTOR TERHADAP TINDAKAN TIPPEE YANG MELAKUKAN INSIDER TRADING DALAM PERDAGANGAN SAHAM

2015 ◽  
Vol 4 (2) ◽  
Author(s):  
Made Dwi Juliana
Keyword(s):  
Insider Trading ◽  
Capital Market ◽  
Legal Protection ◽  
Comparative Approach ◽  
Legal Certainty ◽  
Conceptual Approach ◽  
Confidential Information ◽  
Stock Trading ◽  
The Law ◽  
The Capital Market

One type of a criminal in the capital market is the practice of  insider trading. Insider trading is an act that involves a group of insider in the capital market who deliberately exploit information that has not been released to investors with the advantages. In insider trading there are two actors such as party directly as an insider who works in the company or indirect as tippee party who obtain confidential information from an insider. Tippee is the party who receives confidential information from an insider either passively or actively against the law or not against the law for personal gain in the stock trading. This is very detrimental to the investors in the stock trading. Because of that if needs the protection for investors against the actions of the Tippee.  This study discusses two (2) problem first about the subject matter of the action form Tippee in insider trading to the stock at Indonesia and the second about OJK authority on legal protection for investors in case of insider trading by the Tippee in capital market activities. This research is a normative law. The Method approach is the approach of legislation, conceptual approach and comparative approach. Legal materials used are primary and secondary legal materials. Mechanical collection of legal materials is through the study of literature that further uses analysis techniques that description techniques and interpretation. The results shows that this form of action Tippee can be done actively and passively. Actively to perform an unlawful act such as stealing information. In is not trying to fight the law, but to obtain inside information and legal safeguards for investors to act with regard to insider trading Tippee do give legal certainty through legislation and legal certainty by the OJK through law enforcement

scholarly journals GOOD CORPORATE GOVERNANCE DAN PERLINDUNGAN KONSUMEN: STUDI KASUS: PENYALAHGUNAAN DATA KARTU TELEPON BEKAS

2021 ◽  
Vol 5 (1) ◽  
pp. 89-100
Author(s):  
Angeline Thalita
Keyword(s):  
Corporate Governance ◽  
Consumer Protection ◽  
Data Protection ◽  
Personal Data ◽  
Legal Protection ◽  
Primary Data ◽  
Telecommunication Service ◽  
Conceptual Approach ◽  
Personal Data Protection ◽  
Good Corporate Governance

Abstract This study aimed to investigate the extent of the application of the principles of Good Corporate Governance (GCG) and protection of personal data from the point of view of consumers in telecommunications service companies. The case study analyzed the misuse of used telephone card data in a telecommunications service company PT. Z. The empirical judicial method was used in this study. This legal research was carried out by  examining documents (document studies), using 2 (two) approaches, the statute approach and the conceptual approach. Primary data were collected through surveys and interviews to prove the findings in the first stage. The results of the study, on the legal aspects showed that the legal protection for consumers as users of telecommunications services has not been fully implemented by PT. Z according to Law Number 8 of 1999 concerning Consumer Protection and Law Number 36 of 1999 concerning Telecommunications. Consumer perceptions indicate that PT. Z has not implemented GCG principles properly. Consumer responses to aspects of consumer personal data protection related to the above cases are also not good and tend to be detrimental to consumers. This research showed that the application of GCG principles is not optimal and has an impact on weak aspects of consumer protection. For the implementation of GCG in the future, PT. Z should have good intentions in running its business and provide correct, complete and clear information related to the products it trades, both spoken and written. Keywords : Good corporate governance, consumer protection, personal data protection, telecommunication service

scholarly journals Stunting Prevention Policy as a Form of Child Health Rights Legal Protection

2021 ◽  
Vol 9 (E) ◽  
pp. 1218-1223
Author(s):  
Hartotok Hartotok ◽  
Absori Absori ◽  
Khudzaifah Dimyati ◽  
Heru Santoso ◽  
Arief Budiono
Keyword(s):  
Legal Protection ◽  
Children's Rights ◽  
Children’S Rights ◽  
Research Approach ◽  
Regional Government ◽  
Prevention Policy ◽  
Legal Research ◽  
Conceptual Approach ◽  
High Prevalence ◽  
Health Rights

AIM: The objectives of this research are to reveal and to analyze the stunting prevention policy as a form of legal protection for children’s health rights (HR). METHODS: This type of research is a normative legal research approach to the legislation approach and conceptual approach. RESULTS: The results of the study show that stunting prevention policy as a form of legal protection for child HR has not been able to reduce the number of stunting. The high prevalence of stunting as evidence of the government’s failure in legal protection against the problem of malnutrition. Ignoring children’s rights is a form of HR violations committed by the state. CONCLUSION: Need to regulate the law related to stunting as a manifestation of state responsibility in upholding children’s rights. Prevention and handling of stunting are carried out holistically in various sectors with commitment and synergy between the central/regional government, parents, family, and community.

PROBLEMATIKA HUKUM PENGGUNAAN KARTU ANJUNGAN TUNAI MANDIRI (ATM) BERLOGO GERBANG PEMBAYARAN NASIONAL (GPN)

2020 ◽  
Vol 8 (1) ◽  
pp. 15
Author(s):  
Agus Hariyanto ◽  
' Pujiyono
Keyword(s):  
Legal Protection ◽  
Secondary Data ◽  
Research Data ◽  
Research Approach ◽  
Conceptual Approach ◽  
Automated Teller Machines ◽  
Legal Problems ◽  
Library Research ◽  
Data Collection Technique ◽  
Payment Gateway

<p>Abstract<br />This article aims to examine the Legal Problems of Automated Teller Machine (ATM) Card Usage with National Payment Gateway (GPN) Logo. The research method used is normative legal research with the nature of prescriptive research. The research approach is the statute approach and conceptual approach. The type of research data used is secondary data. The research data collection technique used is library research with deduction data analysis techniques.The results showed that the National Payment Gateway (GPN) which is a new product in Indonesian banking has several legal problems, that is creating potential fraud in the Automated Teller Machines (ATM) card with National Payment Gateway (GPN) logo and weak legal protection for customers in terms and conditions for making Automated Teller Machines (ATM) card with National Payment Gateway (GPN) logo. besides that the security system used in this interconnection card is unclear, and the potential for trade war.<br />Keyword: Legal Problems; Automated Teller Machines (ATM) card; National Payment Gateway (GPN)</p><p>Abstrak<br />Artikel ini bertujuan untuk mengkaji tentang problematika hukum penggunaan Anjungan Tunai Mandiri (ATM) berlogo Gerbang Pembayaran Nasional (GPN). Metode penelitian yang digunakan adalah penelitian hukum normatif dengan sifat penelitian preskriptif. Pendekatan penelitian adalah pendekatan perundang-undangan (statute approach) dan pendekatan konseptual (conseptual approach). Jenis data penelitian yang digunakan adalah data sekunder. Teknik pengumpulan sumber data penelitian yang digunakan yaitu studi kepustakaan dengan teknik analisis data deduksi. Hasil penelitian menunjukan bahwa Gerbang Pembayaran Nasional (GPN) yang merupakan produk baru di perbankan Indonesia mempunyai beberapa problematika hukum, yaitu menciptakan potensi fraud dalam transaksi kartu Anjungan Tunai Mandiri (ATM) berlogo Gerbang Pembayaran Nasional (GPN) dan lemahnya perlindungan hukum terhadap nasabah dalam syarat dan ketentuan pembuatan kartu kartu Anjungan Tunai Mandiri (ATM) berlogo Gerbang Pembayaran Nasional (GPN), selain itu sistem keamanan yang digunakan dalam kartu interkoneksi ini belum jelas, dan yang adanya potensi perang dagang.<br />Kata Kunci: Problematika Hukum; Kartu Anjungan Tunai Mandiri (ATM); Gerbang Pembayaran Nasional (GPN)</p>

scholarly journals Legal Relationship between Go-Jek Drivers and PT Go-Jek Indonesia in the E-Contract Partnership

2019 ◽  
Vol 7 (06) ◽  
Author(s):  
Shandy Harsyahwardhana ◽  
Muhaimin ◽  
Eduardus Bayo Sili
Keyword(s):  
Research Method ◽  
Legal Protection ◽  
Legal Issue ◽  
Research Approach ◽  
Conceptual Approach ◽  
Legal Subject ◽  
Legal Relationship ◽  
Partnership Agreement ◽  
Relationship Of

This study aims to analyze the legal relationship of the e-contract partnership with Go-Jek drivers. The legal issue that is the focus of this study identifies and analyzes the legal relationship between Go-Jek drivers and PT Go-Jek Indonesia in a partnership agreement in the form of e-contract. This research method is normative considering the existence of legal obscurity related to the partnership e-contract arrangement. The research approach used is the Legislative Approach and the Conceptual Approach. With the pattern of equal cooperation in partnership, the reality is that the legal relationship between PT Go-Jek Indonesia and the Go-Jek driver has been inequality. Therefore, the Go-Jek driver as a legal subject becomes weak and needs legal protection. Moreover, the partnership as outlined in the e-contract has not fully provided preventive and repressive legal protection.

scholarly journals Pengaruh Buy Back Saham PT Telkom terhadap Dividen Periode 2005 - 2008

2010 ◽  
Vol 1 (1) ◽  
pp. 27
Author(s):  
Natasya Rusbandi ◽  
Mohamad Heykal
Keyword(s):  
Capital Market ◽  
Stock Price ◽  
Global Financial Crisis ◽  
Dividend Payment ◽  
Financial Report ◽  
Corporate Action ◽  
Buy Back ◽  
The Global Financial Crisis ◽  
Positive Effect

Micro and macro economic condition has negative and positive effect for the financial market and also the investment. Based on that condition, many companies had to do some corporate action which mean investors and also shareholders had to adjust their portfolio for getting their objective. Investors and shareholder will see this corporate action. It includes the investor who wants to buy the company’s stock. This attention had always related with the dividend payment which will get by the investor, because for the long term investor, or the shareholders, the information about dividend payment is very important for them. When global financial crises happened in 2008, some of the emiten in Indonesia capital market, had donne their corporate action which is the buy back or repurchase stock of their outstanding shares. Some of them is the state owned enterprise, PT TELKOM. Some important thing which related with the buy back is the stock price and also dividend price. With this buy back strategy, it can be seen that PT TELKOM had tried to eliminate any threat with their stock price at that time, or to prevent their stock price become undervalued. Especially in the third quarter in 2008. This strategy had shown succeed because when the global financial crisis happened, TELKOM performance had indicated succeed based on their financial report and also the EPS and DPS every year did not show significance different result. 

scholarly journals Legal Protection For Investors In Crowdfunding Services Through Information Technology Offers (Equity Crowdfunding)

2020 ◽  
Vol 4 (2) ◽  
pp. 153-172
Author(s):  
Novia Choirunnisa ◽  
Nahdlotul Fadilah
Keyword(s):  
Information Technology ◽  
Capital Market ◽  
Financial Services ◽  
Legal Protection ◽  
Legal Certainty ◽  
Conceptual Approach ◽  
Transaction Model ◽  
Funding Sources ◽  
Equity Crowdfunding ◽  
Public Offering

The readiness of the community in the era of information technology has opened up opportunities in online businesses such as equity crowdfunding, equity crowdfunding as an alternative capital is increasingly in demand, especially by novice businesses. The Financial Services Authority issues regulations regarding the Equity Crowdfunding transaction model by issuing the Financial Services Authority Regulation Number 37 / POJK.04 / 2018. This provides questions for the regulation of Equity Crowdfunding in Indonesian Capital Market Law. The writer in this study would like to examine and analyze the Equity Crowdfunding activities and legal protection for investors, because legal protection is a form of legal certainty. The research method used is a normative juridical types, the problem approach uses the legislation approach and the conceptual approach. The results show that equity crowd funding is a form of new innovation in funding sources. The service mechanism has many similarities with public offering activities in the capital market, only the implementation is simpler. Equity Crowdfunding legal protection for investors who have been registered in the provisions of Chapter 54 paragraph (2) POJK Number 37 / POJK.04 / 2018, providing the latest information is only placed on the organizer's website or website.

scholarly journals Akibat Hukum serta Sanksi Pemalsuan yang Dilakukan Notaris Kepada Penghadap Ketika Pembuatan Akta Otentik

Acta Comitas ◽  
2021 ◽  
Vol 6 (02) ◽  
pp. 248
Author(s):  
Ni Made Lalita Sri Devi ◽  
I Ketut Westra
Keyword(s):  
Code Of Ethics ◽  
Civil Law ◽  
Legal Protection ◽  
Criminal Code ◽  
District Court ◽  
Research Approach ◽  
Conceptual Approach ◽  
Criminal Sanctions ◽  
Administrative Sanction

Abstract This study was intended to give an understanding regarding Notary responsibility arrangements of the Notary who commits violation in carrying out the position as well as provides legal protection that is obtained by the party against the data falsification by a Notary. The research of this normative law examined the norm that happens, such as a norm vacuum that does not regulate criminal sanctions in Laws of Notary. This research contained several sources, such as premier, secondary, and tertiary laws. Furthermore, the research approach was done by the conceptual approach that analyzes the concept of organizing violations by the notary. The result of this research was the Notary deed can be requested for the deed to be annulled based on the legally binding decisions determined by the District Court, then, the Notary Deed can be disqualified and can be avowed as the non-binding deed for the parties who made it. The sanctions of the Notary who falsified the data in making the authentic deed are, administrative sanction or the notary code of ethics, the sanction based on The Civil Law Code, and the sanction based on Criminal Code. The Notary can also be sued for compensation if the violation that is done by the notary causes a deed becomes an inauthentic deed and be relegated to the deed for who made it. This is the protection that can be given to the party if a Notary does not carry out the duties and obligations. Abstrak Tujuan penulisan ialah memberikan pemahaman terkait pengaturan ”tanggung jawab Notaris yang melakukan pelanggaran dalam menjalankan jabatannya serta”  memberikan perlindungan hukum yang diperoleh penghadap atas pemalsuan data yang dilakukan Notaris. Penelitian hukum normatif ini menelaah persoalan norma yang terjadi yaitu suatu kekosongan norma tidak diaturnya mengenai sanksi pidana dalam UUJN. Penelitian ini memuat sumber-sumber yaitu hukum bahan hukum primer, sekunder serta tersier. Selanjutnya, pendekatan penelitian dilakukan melalui pendekatan konseptual yang menganalisa konsep penyelenggaraan pelanggaran oleh Notaris. Hasil penulisan menunjukkan akta Notaris dapat dimintakan untuk akta dibatalkan, berdasarkan keputusan yang sudah berkuatan hukum tetap yang ditetapkan oleh pengadilan negeri tersebut maka akta Notaris dapat dibatalkan dan dinyatakan sebagai akta yang tidak mengikat bagi para pihak yang membuatnya. Adapun sanksi bagi Notaris yang melakukan pemalsuan data dalam pembuatan akta otentik ialah sanksi administratif atau Kode Etik Notaris, sanksi menurut hukum KUH Perdata, sanksi menurut KUH Pidana. Notaris juga dapat digugat ganti rugi apabila pelanggaran atau kesalahan yang dilakukan Notaris mengakibatkan suatu akta menjadi tidak otentik dan terdegradasi menjadi akta di bawah tangan. Inilah bentuk perlindungan yang diberikan kepada penghadap jika seseorang Notaris tidak melaksanakan tugas dan kewajibannya.    

scholarly journals Penormaan dan Pelaksanaan Kewajiban Ingkar Notaris

2020 ◽  
pp. 113-138
Author(s):  
Qonitah Annur Aziza ◽  
Aprilia Trisanti ◽  
Kiki Aristyanti
Keyword(s):  
Research Method ◽  
Legal Protection ◽  
Research Approach ◽  
Limit Set ◽  
Conceptual Approach ◽  
Legal Norms ◽  
Existing Problems ◽  
Criminal Sanctions ◽  
Administrative Sanctions

The notary is obliged to keep all legal deeds outlined in the contents of the deed and all information given to the notary in making the deed. the appointment of a notary as a witness in a case causes the violation of this obligation to be violated a lot. Strong legal protection is needed from the Honorary Board of Notaries (MKN) so that investigators and prosecutors are not arbitrary. The formulation of the problem taken by the author is the normalization of notary liability based on UUJN. And the application of sanctions from the notary obligation in the community.The writing of this thesis uses a normative juridical research method, namely by reviewing the legal norms contained in legislation, legal theories and jurisprudence related to the issues discussed. This research approach uses a statute approach and a conceptual approach. The purpose of this study is to explain more deeply about the norms of denial obligations in the UUJN and their application in the community with the existence of permission from MKN. Based on the results of the study, the author obtained answers to existing problems, namely the notary has a broken obligation that must be obeyed and regulated in Article 4 paragraph (2) and Article 16 paragraph (1) letter f UUJN-P. This breach obligation has a limit set out in UUJN in Article 66 paragraph (1) concerning a notary appointed as a witness can talk about the deed with the approval of the permit from MKN. But it also needs to be known if the broken obligation is violated without permission, the notary may be subject to administrative sanctions in the form of termination of employment, civil sanctions in the form of compensation and criminal sanctions in the form of prison sentences.

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