Responsibility of the Board of Directors (Management) of State- Owned Enterprises Using the Principles of Business Judgement Rule in Criminal Liability

DOI

10.2991/assehr.k.211203.106How to use a DOI?

Keywords

Enterprises; Criminal Liability; Principles; Responsibility

Abstract

Enterprises, among others, because BUMN is one of the economic players in the national economy based on economic democracy, and it plays a critical role in the national economy’s implementation in order to achieve community welfare. Implementing BUMN’s function in the national economy to achieve community welfare, on the other hand, is not ideal. For this reason, the management and supervision must be carried out professionally. In SOE management and supervision, not a few Directors (management) are exposed to exceptional criminal cases due to errors or negligence in implementing the Business Judgment Rule. Moreover, currently, few references or jurisprudence can save BUMN Directors if they are exposed to allegations of corruption, including the condition of laws and regulations from the government that has not explicitly regulated the implementation of the Business Judgment Rule.

Copyright

© 2021 The Authors. Published by Atlantis Press SARL.

Open Access

This is an open access article under the CC BY-NC license.

Download article (PDF)

TY  - CONF
AU  - Sutanto
AU  - Zudan Arief Fakrulloh
PY  - 2021
DA  - 2021/12/03
TI  - Responsibility of the Board of Directors (Management) of State- Owned Enterprises Using the Principles of Business Judgement Rule in Criminal Liability
BT  - Proceedings of the 2nd International Conference on Business Law and Local Wisdom in Tourism (ICBLT 2021)
PB  - Atlantis Press
SP  - 493
EP  - 498
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.211203.106
DO  - 10.2991/assehr.k.211203.106
ID  - 2021
ER  -