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Implementation Of Mandatory Enterprise Registration (Wdp) Following The Effectiveness Of Law No. 40 Year 2007 Concerning Limited Liability Companies In The Era Of Regional Autonomy, Ari Wahyudi Hertanto Aug 2014

Implementation Of Mandatory Enterprise Registration (Wdp) Following The Effectiveness Of Law No. 40 Year 2007 Concerning Limited Liability Companies In The Era Of Regional Autonomy, Ari Wahyudi Hertanto

Indonesia Law Review

Implementation of company registration shall be constrained because of differences in the interpretation of the meaning of the provisions of Article 29 of Law No. 40 of 2007 on Limited Liability Company, which determines that the registration of the company held by the Ministry of Justice and Human Rights. The provisions of Article 29 is interpreted by many practitioners as lex specialis of Act 3 of 1982 regarding Company Registration Requirement. The reality is not so. Company registration remains to be done pursuant to Act 3 of 1982. There are no provisions that override or cancel that Act 3 of …


Minority Shareholders’ Protection In The Indonesian Capital Market, Apri Sya'bani Apr 2014

Minority Shareholders’ Protection In The Indonesian Capital Market, Apri Sya'bani

Indonesia Law Review

This paper explores the regulatory reform in Indonesia corporate governance along with capital market regulatory framework which has continuously been conducted in response to enhance minority shareholders’ protection and the implementation of corporate governance in public listed companies, particularly in protecting minority shareholder right through three short cases studies. The three cases analysed in this paper show that the implementation of corporate governance in public listed companies is still weak, resulting from the lack of awareness of how to implement corporate governance by the public listed companies, the opportunistic behaviour of public listed companies using loopholes in the regulations to …