DOI
10.21143/jhp.vol48.no4.1803
Abstract
The protection of minority shareholders within the company is one importance thing given the likelihood of their rights being violated by the actions of the board of directors. In the concept of the company, shareholders are passive parties who do not participate in the management of the company, thus causing the shareholders vulnerable to deviations. The rights of the company's shareholders are very important for the concept of Corporate Governance. Shareholders are not corporate organs because the company's organs are General Meeting of Shareholders (GMS). The Board of Directors may decide to run the company as long as it does not violate Companies Acts. The Board of Directors must act in good faith and for the best interests of the corporation, this is where the importance of protecting minority shareholders is exercised. One of the real manifestations of such protection is through a derivative lawsuit that allows minority shareholders to fight for their rights within the company
Bahasa Abstract
Perlindungan minority shareholders dalam perusahaan menjadi satu hal yang sangat penting mengingat besarnya kemungkinan terciderainya hak-hak mereka oleh tindakan direksi. Dalam konsep perseroan, shareholders adalah pihak pasif yang tidak ikut serta dalam pengurusan perseroan, sehingga menyebabkan shareholders rentan terhadap penyimpangan. Hak pemegang saham perusahaan sangat penting bagi konsep Corporate Governance. Perusahaan tidak pernah bisa mengabaikan kepentingan anggotanya dan pemegang sahamnya. Direksi dapat mengambil keputusan untuk menjalankan perusahaan asalkan tidak melanggar Companies Acts. Direksi harus bertindak dengan itikad baik dan untuk kepentingan terbaik korporasi, disinilah pentingnya perlindungan minority shareholders dijalankan. Salah satu perwujudan nyata perlindungan tersebut adalah melalui gugatan derivative yang memungkinkan minority shareholders untuk memperjuangkan hak-hak mereka dalam perusahaan
References
Buku Bainbridge, Stephen M. Corporation Law and Economics, Foundation Press, 2002 Conac, Pierre-Henri. Enriques, Luca, et al. Enforcing Self-dealing Contrains on Dominant Shareholders in Europe, University of Barkeley (online) Fuady, Munir. Doktrin-doktrin Modern Dalam Corporate Law & Eksistensinya Dalam Hukum Indonesia, Bandung: PT Citra Adhitya Bakti, 2002, hal 75 Grundfest, Josep A. “Why Disimply?”, 108 Harvard Law Review 727, 2008 Kraakman, Reiner et al. The Anatomy of Corporate Law: A Comparative and Functional Approach, (New York: Oxford University Press, 2004) Kraakman, Reinier R. et al. The Anatomy of Corporate Law, Oxford Univ. Press, 2004. Kurniawan, Karakteristik Perusahaan Berbadan Hukum dan Tidak Berbadan Hukum di Indonesia, Yogyakarta: Genta Publishing, 2014, hal 92 Meaning, The American Stockholder, Yale University Press, 2008 Myson, Stephen et al. Company Law, London: Oxford University Press, 2004 Redmond, Paul. Companies and Securities, Commentary and Materials, The Law Book Company Limited, Sydney, Australia, 1992. Vinnik, O. Commercial Law in Ukraine, (Kyiv: Jurincom-Inter, 2008) Welling, Bruce. Corporate Law in Canada: The Governing Principles 3 edition, London: Scribbles Publishing, 2002 Wilamardi, Mishardi. Hak Pemegang Saham Minoritas Dalam Rangka Good Corporate Governance, Jakarta: PPs Fakultas Hukum Universitas Indonesia, 2002 Peraturan Perundang-Undangan Canada Business Corporation Act (CBCA), RSC 1985, c C-44 Commercial Procedural Code of Ukraine, 1995 Kaisha Ho, Law No. 86/2005 Article 847 (3) The Private Limited Companies Act, Germany, 1984 Putusan PN Jakarta Selatan Nomor 02/Pdt.G/2010/PN.Jkt.Sel Undang-undang Nomor 1 Tahun 1995 tentang Perseroan Terbatas Undang-undang Nomor 40 Tahun 2007 tentang Perseroan Terbatas Jurnal Fan, Chunyan. “Challenging Controlling Shareholders in UK Courts”, University of Groningen, 2008 Gadaffi, Yohana and Tatu, Miriam. “Derivative Action Under The Companies Act 2015: New Jurisprudence or Mere Codification of Common Law Principles?”, Strathmore Law Journal, August 2016 Irani, J.J. “Committee Report on Company Law Chapter VI Journal”, 2006 Keay, Andrew. “Assessing and Rethinking The Statutory Scheme for Derivative Actions Under The Companies Act”, Journal of Corporate Law Studies, 2016 Loewenstein, Mark J. “Shareholder Derivative Litigation and Corporate Governance”, Delaware Journal of Corporate Law, 1999 Miller, Sandra. “Minority Shareholders Oppression in The Private Company in The European Community: A Comparative Analysis of German, United Kingdom and French”, Close Corporation Problem, 1997 Mollett, Scott H. “Derivative Lawsuit Outside of Their Cultural Context: The Divergent Examples of Italy and Japan”, University of San Fransisco Law Review 43:3, 2009. Puchniak, Dan W. and Nakahigashu, Masafumi. “Japan’s Love for Derivative Actions: Irrational Behavior and Non-Economic Motives and Rational Explanations for Shareholder Litigation”, Vanderbilt Journal of Transnational Law, 2012 Ramsay,Ian M. and Saunders, Benjamin B. “Litigation By Shareholders and Directors: An Empirical Study of The Statutory Derivative Action”, Centre for Corporate Law and Securities Regulation Journal, 2006 Rotem, Yaad. “The Law Applicable to A DerivativeAction on Behalf of A Foreign Corporation”, Cornell International Law Journal, 2013 Sahu, Gyanendra Kumar. “Investor Protection: The Derivative Action”, International Journal of Law, May 2017 Sergiiovych, Iushchenko Igor. “Protecting Minority Shareholders in Civil and Common Law Systems: Canadian, Ukrainian and German Examples”, Nova Scotia Law Journal, 2012 Siems, Mathias M. “Private Enforcement of Directors’ Duties: Derivative Actions as a Global Phenomenon”, Asian Legal Studies Journal, 16 November 2010 Singh, Avtar. “Company Law Edition 15” 2011 Stenfield, Bryan. “For Better or For Worse? Marriage of The Texas and Model Bussiness Corporation Acts, Derivative Action Statues and What it Means for Corporations”, Texas Tech Law Review, 2004 Stylianou, Alexandra. “Evolution of The Derivative Action As An Enforcement of Right Mechanism Under The Companies Act 71 of 2008”, Pretoria Corporate Law Journal, 2016 Tang, Julia. “Shareholders Remedies: Demise of Derivative Claim?”, UCL Journal of Law and Jurisprudence Tang, Samantha S. “Corporate Avengers Need Not To Be Angels: Rethinking Good Faith In The Derivative Action”, Journal of Corporate Law Studies, 2016 Tang, Samantha. “Derivative Actions in Singapore and Hongkong”, Centre for Asian Legal Studies Journal, 2017 Treschinskaya, Yuliya. “Protection of Members of Limited Liability Companies in Ukraine in Comparison with Germany”, (LLM Short Thesis, Central European University, 2008) Zhang, Zhong. “The Shareholder Derivative Action and Good Corporate Governance in China: Why The Excitement is Actually for Nothing”, Pasific Basin Law Journal Artikel ___________, Doing Business, Economy Rangking, www.doingbusiness.org/ Foss v Harbottle (1843). Vinnik, O. “On The Question About The Improvement of Doing Business Association in Ukraine” Pravo Ukarine, 2009 Makalah Ilmiah Erlita, Lefilia dan Setiawati, Wenny. “Pengaturan Mengenai Gugatan Derivatif Ditinjau Dari Perbandingan Tiga Peraturan Perundang-undangan di Negara Indonesia, Singapura dan Jepang: Undang-Undang Nomor 40 Tahun 2007 Tentang Perseroan Terbatas, Companies Act (Cap 50, 1994 Rev Ed), dan Kaisha Ho, Law No.86/2005”, Makalah Ilmiah, Fakultas Hukum Universitas Indonesia.
Recommended Citation
Shobah, Shofia
(2018)
"PERBEDAAN PENERAPAN DERIVATIVE ACTION DI INDONESIA SEBAGAI NEGARA CIVIL LAW DIBANDINGKAN DENGAN NEGARA-NEGARA PENGANUT SISTEM HUKUM COMMON LAW (STUDI PUTUSAN PERDATA NOMOR 02/Pdt.G/2010/PN.JKT.SEL),"
Jurnal Hukum & Pembangunan: Vol. 48:
No.
4, Article 6.
DOI: 10.21143/jhp.vol48.no4.1803
Available at:
https://scholarhub.ui.ac.id/jhp/vol48/iss4/6