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Criminal Responsibility of Subsidiaries That Causes State Loses

Author

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  • Rosiani Niti Pawitri

    (Student of Magister, Faculty of Law, Universitas Sebelas Maret, Surakarta, Indonesia)

  • Adi Sulistiyono

    (Faculty of Law, Universitas Sebelas Maret, Surakarta, Indonesia)

  • Albertus Sentot Sudarwanto

    (Faculty of Law, Universitas Sebelas Maret, Surakarta, Indonesia)

Abstract

The existence of a State-Owned Enterprise (SOE’s) is an implementation of Article 33 of the 1945 Constitution of the Republic of Indonesia. Where it has a strategic position to improve people’s welfare. As time goes by, SOE’s are required to change so the company has high competitiveness and creativity in global competition, one of which is by forming a state-owned holding. The phenomenon of the formation of state-owned holding in Indonesia raises interesting problems related to the legal responsibility of state-owned subsidiaries which result in state losses whether it is charged with corruption or not. This research is conducted using normative legal research. Types of data used in this research are secondary data with primary and secondary legal material. Based on the results of the study it can be concluded that the criminal liability of state-owned subsidiaries that causes state losses in which the loss is a business loss cannot be snared by corruption. This is in line with the Constitutional Court Decision Number 62/PUU-XI/2013 provided that the directors have implemented business judgment rule as stipulated in Article 97 paragraph (5) of the Company Law.

Suggested Citation

  • Rosiani Niti Pawitri & Adi Sulistiyono & Albertus Sentot Sudarwanto, 2019. "Criminal Responsibility of Subsidiaries That Causes State Loses," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 3(1), pages 291-294, January.
    • Handle: RePEc:bcp:journl:v:3:y:2019:i:1:p:291-294
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