Article Title

PERBEDAAN EQUITY CROWDFUNDING DAN INITIAL PUBLIC OFFERING (IPO) DALAM HUKUM PASAR MODAL INDONESIA

Authors

Abstract

Equity Crowdfunding is newly known in Indonesia. Indonesia’s Financial Services Authority passed new regulation that regulating Equity Crowdfunding through Indonesia Financial Services Authorities Rule Number 37/POJK.04/2018 regarding Equity Crowdfunding. Equity Crowdfunding concept considered similar to Initial Public Offering (IPO). Further, this research objective is to analyze Equity Crowdfunding from Indonesia’s Capital Market Law Perspective to find out if Equity Crowdfunding is remarkably similar to Initial Public Offering (IPO). This research is a normative study using documentary studies in the form of secondary data. The research was found that although there are similarities on the main concept between Equity Crowdfunding and Initial Public Offering, the two has distinguishing power. The research also found that there are some risks awaiting on the Equity Crowdfunding scheme.

Keywords: Equity Crowdfunding, Initial Public Offering,and capital market.

Bahasa Abstract

Equity Crowdfunding merupakan bentuk alternatif pendanaan baru yang dikenal di Indonesia. Otoritas Jasa Keuangan mengesahkan peraturan terkat dengan Layanan Urun Dana Penawaran Saham Berbasis Teknologi Informasi (Equity Crowdfunding) melalui POJK No. 37/POJK.04/2018 yang mengatur mengenai skema Equity Crowdfunding. Konsep Equity Crowdfunding ini dianggap mirip dengan Penawaran Umum atau Initial Public Offering (IPO). Berkaitan dengan hlm tersebut, Penelitian ini dimaksudkan untuk menganalisis Equity Crowdfunding dalam Perspektif Hukum Pasar Modal Indonesia apakah benar-benar dapat dipersamakan dengan Penawaran Umum. Penelitian ini merupakan penelitian normatif yang menggunakan studi dokumen berupa data sekunder. Hasil penelitian menemukan bahwa meskipun ada kemiripan Equity Crowdfunding dengan Penawaran Umum pada konsep utamanya, terdapat beberapa hlm yang menjadi daya pembeda antara keduanya. Hasil penelitian juga menemukan adanya risiko-risiko yang menunggu dalam skema Equity Crowdfunding.

Kata Kunci: Equity Crowdfunding, Initial Public Offering, Pasar Modal

References

Buku

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Otoritas Jasa Keuangan, Peraturan Otoritas Jasa Keuangan Nomor 37/POJK.04/2018 tentang Layanan Urun Dana Melalui Penawaran Saham Berbasis Teknologi Informasi (Equity Crowdfunding), Lembaran Negara Republik Indonesia (LNRI) No. 262 Tahun 2018, dan Tambahan Lembaran Negara (TLN) No. 6288.

Internet

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Recommended Citation

Rahmadhani, Widya (2022) "PERBEDAAN EQUITY CROWDFUNDING DAN INITIAL PUBLIC OFFERING (IPO) DALAM HUKUM PASAR MODAL INDONESIA," "Dharmasisya” Jurnal Program Magister Hukum FHUI: Vol. 2, Article 11.
Available at: https://scholarhub.ui.ac.id/dharmasisya/vol2/iss2/11

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