Minority Shareholders’ Protection in the Indonesian Capital Market
<p>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...
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| Format: | Article |
| Language: | English |
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Universitas Indonesia
2014-09-01
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| Series: | Indonesia Law Review |
| Subjects: | |
| Online Access: | http://ilrev.ui.ac.id/index.php/home/article/view/96 |
| _version_ | 1818908222506926080 |
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| author | Apri Sya'bani |
| author_facet | Apri Sya'bani |
| author_sort | Apri Sya'bani |
| collection | DOAJ |
| description | <p>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 the weaknesses in the enforcement of capital markets law.</p> |
| first_indexed | 2024-12-19T22:07:35Z |
| format | Article |
| id | doaj.art-a74a72d0e84f4abcb639e666e40eb600 |
| institution | Directory Open Access Journal |
| issn | 2088-8430 2356-2129 |
| language | English |
| last_indexed | 2024-12-19T22:07:35Z |
| publishDate | 2014-09-01 |
| publisher | Universitas Indonesia |
| record_format | Article |
| series | Indonesia Law Review |
| spelling | doaj.art-a74a72d0e84f4abcb639e666e40eb6002022-12-21T20:04:00ZengUniversitas IndonesiaIndonesia Law Review2088-84302356-21292014-09-014111414210.15742/ilrev.v4n1.9686Minority Shareholders’ Protection in the Indonesian Capital MarketApri Sya'bani0Legal Counsel Bureau, Ministry of Finance Republic Indonesia<p>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 the weaknesses in the enforcement of capital markets law.</p>http://ilrev.ui.ac.id/index.php/home/article/view/96shareholder protectioncapital market regulationsgood corporate governance |
| spellingShingle | Apri Sya'bani Minority Shareholders’ Protection in the Indonesian Capital Market Indonesia Law Review shareholder protection capital market regulations good corporate governance |
| title | Minority Shareholders’ Protection in the Indonesian Capital Market |
| title_full | Minority Shareholders’ Protection in the Indonesian Capital Market |
| title_fullStr | Minority Shareholders’ Protection in the Indonesian Capital Market |
| title_full_unstemmed | Minority Shareholders’ Protection in the Indonesian Capital Market |
| title_short | Minority Shareholders’ Protection in the Indonesian Capital Market |
| title_sort | minority shareholders protection in the indonesian capital market |
| topic | shareholder protection capital market regulations good corporate governance |
| url | http://ilrev.ui.ac.id/index.php/home/article/view/96 |
| work_keys_str_mv | AT aprisyabani minorityshareholdersprotectionintheindonesiancapitalmarket |