Constitutional Protection of the Rights of Minority Shareholders in Indonesia: An Analysis of Regulatory Implementation in Indonesia
Keywords:
minority shares, legal protection, regulation in IndonesiaAbstract
This study discusses the protection of the rights of minority shareholders in Indonesia, focusing on the implementation of Law No.40/2007 on Limited Liability Companies (UUPT) and related regulations. The purpose of this study is to analyze the implementation of the UUPT, identify constraints in the protection of minority shareholders' rights, analyze existing regulations, and explore efforts to strengthen the protection of minority shareholders' rights. The research method used is normative legal research by referring to the literature and applicable laws and regulations. The results of the analysis show that the law provides protection for the rights of minority shareholders, but its implementation depends on factors such as the company's compliance with regulations and shareholder awareness. Minority shareholders may face challenges in fighting for justice in the event of violations of their rights. Therefore, a good understanding of the Law and monitoring of the protection of shareholders' rights is very important. The proposed recommendations include expanding and updating regulations, increasing corporate transparency, strengthening the role of capital market supervisory authorities, involvement of minority shareholders in corporate decision-making, improving education and awareness of minority shareholders, and collaboration between governments, regulators, companies, and minority shareholders.
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