ARCHIVES
VOL. 10, ISSUE 1 (2024)
Legal protection of investors on window dressing practices in the capital market
Authors
Edi Wahjuni, Ayu Citra Satyaningtyas, Nabilla Fadia Syafa
Abstract
The capital market is a means of national economic development and
social welfare. The capital market sector in Indonesia is regulated in Law
Number 8 of 1995 concerning Capital Markets, in the law describes the capital
market regulations that must be obeyed by capital market actors, namely
investors and companies. Activities in the capital market certainly have
positive and negative impacts. The amount of profit that will be obtained by
the issuer can cause the issuer to be prone to committing illegal acts to
obtain greater profits. One form of unlawful act in the capital market is the
practice of window dressing. The purpose of this paper is to find out the legal
consequences, forms of legal protection, and the issuer's responsibility to
investors due to window dressing practices. The approach used is a statutory
approach with a conceptual approach. The results obtained from this research
are the legal consequences of the occurrence of window dressing practices have
been regulated in Article 102 of the UUPM. Internal legal protection is
obtained from the agreement, but the agreement is not always individualized
between investors and emiten. External protection is regulated by OJK and UUPM.
And the issuer is responsible for investors for losses arising from the
practice of window dressing which is regulated in article 80 of the UUPM.
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Pages:89-94
How to cite this article:
Edi Wahjuni, Ayu Citra Satyaningtyas, Nabilla Fadia Syafa "Legal protection of investors on window dressing practices in the capital market". International Journal of Law, Vol 10, Issue 1, 2024, Pages 89-94
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