Electronic Initial Public Offering (e-IPO) Business Dispute Resolution in Indonesia

DOI

10.2991/978-2-494069-93-0_24How to use a DOI?

Keywords

Electronic Initial Public Offering (e-IPO); Dispute; BANI

Abstract

The dynamics of economic, commercial, and technological progress have the potential to produce disagreements among those engaged. Disputes arise as a result of variances in each party’s interests, and one party feels that his or her interests are distinct to those of the other side. One of the most common types of technology application is in the economic area, sometimes known as financial technology or FinTech. Financial Technology (FinTech) is a partnership of technology and financial aspects, or it may be regarded as a financial sector regeneration with a technological twist. Equity Crowdfunding is one sort of financial technology, which in Indonesia should be conceptually associated with Electronic Initial Public Offering (e-IPO) in Capital Market regulation. E-IPO is a web-based electronic means provided by public offering system operators, such as the Indonesia Stock Exchange, to the public to support the initial public offering process, such as providing IPO information and ordering IPO shares from issuers conducting public offerings through the e-IPO system. Despite the fact that the Financial Services Authority (OJK) laws do not require it, e-IPO issues are resolved through BANI. The research intends to learn how stock transactions via e-IPO are regulated in Indonesia and how e-IPO disputes are resolved through the Indonesian National Arbitration Board (BANI). A normative legal research method with a statute approach and legal concept analysis is used in this work. The idea of agreement and the concept of law as a policy process were used to examine the challenges. The e-IPO method in Indonesia and the provision on binding the e-IPO dispute settlement may be decided by this research.

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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TY  - CONF
AU  - I Gede Prema Nugraha Suastama
AU  - I Gusti Agung Ayu Gita Pritayanti Dinar
AU  - Kadek Richa Mulyawati
PY  - 2023
DA  - 2023/01/25
TI  - Electronic Initial Public Offering (e-IPO) Business Dispute Resolution in Indonesia
BT  - Proceedings of the 3rd International Conference on Business Law and Local Wisdom in Tourism (ICBLT 2022)
PB  - Atlantis Press
SP  - 199
EP  - 206
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-494069-93-0_24
DO  - 10.2991/978-2-494069-93-0_24
ID  - Suastama2023
ER  -