Proceedings of the 3rd International Conference on Law, Governance, and Social Justice (ICoLGaS 2023)

Ideological Critique of Instrumental Communication in Shareholder Loan Discourse at the General Meeting of Shareholders: Monologue Logic in Business Law

Authors
Andy Irmanto1, *
1Pancasila University, Faculty of Law, Jakarta, Indonesia
*Corresponding author.
Corresponding Author
Andy Irmanto
Available Online 21 December 2023.
DOI
10.2991/978-2-38476-164-7_29How to use a DOI?
Keywords
Loans; Monologic Logic; and Shareholders
Abstract

Communication construction in a General Meeting of Shareholders (GMS), in principle, is an embodiment of creating an agreement to accommodate the common interests of all shareholders in carrying out joint business activities. However, it is undeniable that there is a binary opposition in the distribution of shares that dominate the inferior pole, which results in an imbalance of the interests of the shareholders. In the event that there is talk of borrowing from the majority shareholder, there is often a grand narrative against the minority shareholder in order to accept the will of the majority shareholder as the lender. In this discourse, in the end, there was neglect of the distribution of year-end dividends to minority shareholders who hegemony approved the GMS decision. This study uses legal research methods using Derrida’s Deconstruction approach and the Instrumental Communication approach. The results of the research show that there is a monologue logic that takes advantage of the gaps in Law Number 40 of 2007 concerning Limited Liability Companies. Thus, minority shareholders in the formation of instrumental communication, contain an element of compulsion. Therefore, it is necessary that an agreement based on monologue logic is a false agreement.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 3rd International Conference on Law, Governance, and Social Justice (ICoLGaS 2023)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
21 December 2023
ISBN
10.2991/978-2-38476-164-7_29
ISSN
2352-5398
DOI
10.2991/978-2-38476-164-7_29How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Andy Irmanto
PY  - 2023
DA  - 2023/12/21
TI  - Ideological Critique of Instrumental Communication in Shareholder Loan Discourse at the General Meeting of Shareholders: Monologue Logic in Business Law
BT  - Proceedings of the 3rd International Conference on Law, Governance, and Social Justice (ICoLGaS 2023)
PB  - Atlantis Press
SP  - 311
EP  - 319
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-164-7_29
DO  - 10.2991/978-2-38476-164-7_29
ID  - Irmanto2023
ER  -