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DOI

10.21143/jhp.vol49.no4.2345

Abstract

The application of Corporate Social Responsibility (CSR) and Fiduciary Duty in Law No. 40 of 2007 concerning Limited Liability Companies creates a conflict of interest. The problem that arises is the placement of CSR in the company's income statement that will reduce the company's dividend distribution. This violates the principle of "fiduciary duty". Directors of Limited Liability Company must maximize shareholder prosperity. So far, CSR is considered a social activity. To avoid conflicts of interest, CSR must be classified into a promotional account in the financial statements, especially the Balance Sheet. The method used to assess CSR refers to the effects of promotions on investors. Therefore, CSR is not separated from the account in the company's operational costs. Article 1 Paragraph (3) The Limited Liability Company Law No. 40 of 2007 concerning Limited Liability Companies needs to be revised and does not refer to social interests, but the commercial interests of shareholders.

Bahasa Abstract

Penerapan Corporate Social Responsibility (CSR) dan Fiduciary Duty dalam Undang-Undang No 40 Tahun 2007 tentang Perseroan Terbatas membuat konflik kepentingan. Permasalahan yang timbul adalah penempatan CSR dalam income statement perseroan yang akan mengurangi pembagian dividen perseroan. Hal ini melanggar prinsip “fiduciary duty”. Direksi perseroan terbatas wajib memaksimalkan kemakmuran pemegang saham. Selama ini CSR dianggap sebagai kegiatan sosial. Untuk menghindari konflik kepentingan, CSR wajib diklasifikasikan kedalam akun promosi dalam laporan keuangan, khusunya Neraca. Metode yang digunakan untuk menilai CSR dengan merujuk kepada efek dari promosi terhadap investor. Investor seharusnya terpengaruh dengan “brand name” perseroan yang terbentuk karena kepatuhannya terhadap CSR. Oleh karenanya, CSR tidak dipisahkan dari akun dalam biaya operasional perseroan. Pasal 1 Ayat (3) Undang-Undang Perseroan Terbatas No 40 Tahun 2007 tentang Perseroan Terbatas perlu direvisi dan tidak merujuk kepada kepentingan sosial, tetapi kepentingan komersial dari pemegang saham.

References

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