The effects of reforming regulation in resolving insolvency towards <scp>EODB</scp> rank improvement: Evidence from Indonesia

Shubhan, M. Hadi

doi:10.1002/iir.1372

Cited by 2 publications

(1 citation statement)

References 4 publications

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“…However, all policies that have been implemented by the government in order to encourage the investment climate and ease of doing business in Indonesia do not necessarily increase Indonesia's EoDB ranking at the international level. This can be seen from the position of EoDB Indonesia which has remained at the 73rd rank in 2020 (Shubhan, 2020;Purnama et al, 2022). Likewise, regional economic growth engines cannot rely solely on government fiscal instruments (government spending) and household consumption, they must also rely on new investments.…”

Section: Introductionmentioning

confidence: 97%

Deregulation Policy of Bankruptcy Regulation in Effort To Promote The Indonesian Ease of Doing Business

Zilal Hamzah,

Daud,

Sofilda

et al. 2023

IJARBSS

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The resolution of bankruptcy cases is an integral part of supporting ease of doing business in Indonesia. This study aims to analyze the effect of deregulation policies, especially bankruptcy regulations in Indonesia on the ease of doing business. This helps investors determine the ranking of the ease of doing business in Indonesia and if there is a conducive investment climate, which in the end is expected to boost Indonesia's economic growth. This study utilizes primary and secondary data sources. Primary data is obtained from focus group discussions (FGD), while secondary data is gathered from documentation from related institutions. Qualitative methods and NVivo analysis tools were used to analyze the data. The findings demonstrate that in practise, debt settlement issues are resolved through bankruptcy institutions. There are numerous issues, and the Bankruptcy Law is deemed to be overly simplified and excessively easy for debtors to declare bankruptcy. Provisions contained in Law no. 37 of 2004 pertaining to Bankruptcy and PKPU are no longer relevant to the development of business practices, such as those regarding the implementation of bankruptcy, the magnitude of the bankruptcy rate and rules pertaining to the instigators of the bankruptcy. According to the recommendations of this study, implementing adjustments to Law No. 37 of 2004 concerning Bankruptcy and PKPU should be a top priority and should start as soon as possible if they are to be included in a scheduled economic policy package.

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Section: Introductionmentioning

confidence: 97%

Deregulation Policy of Bankruptcy Regulation in Effort To Promote The Indonesian Ease of Doing Business

Zilal Hamzah,

Daud,

Sofilda

et al. 2023

IJARBSS

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The Nature of Public Interest as the Basis for the Prosecutor's Authority to File for Bankruptcy

Jayalantara,

Borahima,

Patittingi

et al. 2024

RGSA

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Objective: The prosecutor's office in making policies to represent the public interest is a form of realization of law enforcement and justice. Not all public interests can be represented by the Prosecutor's Office when filing for bankruptcy. The public interest that can be represented by the Prosecutor's Office as a basis for submitting a bankruptcy application is the interest of the majority. The aim is to formulate the nature of the public interest as the basis for the Prosecutor's authority to file for Bankruptcy. Methode:This research is a type of normative research. Result: The essence of the public interest as the basis for the Prosecutor's authority to file for bankruptcy is the Prosecutor's policy in making decisions that represent the interests of the majority, so that the Prosecutor can realize the hope of implementing law enforcement and achieving justice.

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The effects of reforming regulation in resolving insolvency towards EODB rank improvement: Evidence from Indonesia

Cited by 2 publications

References 4 publications

Deregulation Policy of Bankruptcy Regulation in Effort To Promote The Indonesian Ease of Doing Business

Deregulation Policy of Bankruptcy Regulation in Effort To Promote The Indonesian Ease of Doing Business

The Nature of Public Interest as the Basis for the Prosecutor's Authority to File for Bankruptcy

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