Legal Study on Non-Commercial Risk Investment in Indonesia
- DOI
- 10.2991/assehr.k.201014.012How to use a DOI?
- Keywords
- Risk, non-Commercial, Investment
- Abstract
The purpose of this study is to find out about the legal guarantees given by the Government of Indonesia of non-commercial risk investment. Therefore, investment is an important pillar in the economic growth of a country due to the country’s economy needs to grow sustainably requires continuous capital. In Indonesian income per capita is very low, the government is trying to attract investors to invest their capital by managing a variety of available resources, by providing a clear legal regulated in Law No. 25/2007 on investment, and various other supporting regulations, which protects the interests of investors. The problem occurs when a country experiences a political crisis, where this can lead to non-commercial risks greatly affect investors, in this study formulate the problem how does the legal guarantee from the government if there is a non-commercial risk in terms of investment to investors. To answer this problem, a normative legal approach is used will analyze the legal material by referring to legal norms in the applicable laws and regulations. The results show that Article 7 of Law No. 25/2007 provides protection and legal certainty for investors, if there is a non-commercial risk associated with political turmoil, the government will not nationalize and take over assets to investors due Indonesia as a developing country is still dire need foreign and domestic investors to invest their capital in our country to grow national economic.
- Copyright
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Feibe Engeline Pijoh AU - Isle Junita Melo PY - 2020 DA - 2020/10/15 TI - Legal Study on Non-Commercial Risk Investment in Indonesia BT - Proceedings of the 3rd International Conference on Social Sciences (ICSS 2020) PB - Atlantis Press SP - 52 EP - 55 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.201014.012 DO - 10.2991/assehr.k.201014.012 ID - Pijoh2020 ER -