The Legal Impact of Merger, Acquisition, and Other Corporate Restructuring Activities on Employment Relationship Based on Labor Law in Indonesia After the Enactment of the Job Creation Law
Main Article Content
Abstract
Mergers, acquisitions, and other corporate restructuring activities are regarded as one of the strategic steps to maintain the company's existence and to carry out business growth, which can be done when the company is in financial difficulties or when the company intends to develop its business and increase its revenue. However, there have often been problems in the past related to employment relations and other legal issues on employment law. This study aims to determine the legal impact of merger, acquisitions, and other corporate restructuring activities on employment relations based on employment regulation in Indonesia after enactment of Law concerning Job Creation. This study uses the normative juridical method with descriptive analysis characteristics. The results of the study show that in the event of a corporate restructuring activities, the employment relationship may continue as long as there is no termination of employment, whether it arises at the initiative of the employer or the employee. The law provides preventive as well as repressive protection for employees in the event of corporate restructuring activities.
Article Details
References
Hadjon, Phillipus M (1987). Perlindungan hukum bagi rakyat di Indonesia: Sebuah Studi Tentang Prinsip-Prinsipnya, Penanganannya oleh Pengadilan Dalam Lingkungan Peradilan Umum dan Pembentukan Peradilan Administrasi Negara. Surabaya: Bina Ilmu.
Khalid, Afif (2014). Penafsiran hukum oleh hakim dalam sistem peradilan di Indonesia. Al-Adl: Jurnal Hukum 6.11.
Mertokusumo, Sudikno (1993). Bab-Bab Tentang Penemuan Hukum. Bandung: Citra Aditya Bakti.
Mindosa, Bonnie (2019). Dampak Merger & Akuisisi Pada Kinerja Keuangan: Studi Pada Perusahaan Non Keuangan Yang Terdaftar Di Bursa Efek Indonesia Periode 2012-2016. Jurnal Manajemen Kwik Kian Gie School of Business Vol.8 No.2.
Mustari, M. (2017). Hak Atas Pekerjaan Dengan Upah Yang Seimbang. Supremasi: Jurnal Pemikiran, Penelitian Ilmu-Ilmu Sosial, Hukum Dan Pengajarannya, 11(2).
P, Fuji Rahmadi (2018). Teori Keadilan (Theory of Justice), Kajian Dalam Perspektif Filsafat Hukum Islam dan Barat. Jurnal Ilmu Syari’ah, Perundang-Undangan, dan Hukum Ekonomi Syariah, Vol. 1.
Putra, Agus A., Budiartha, I Nyoman P., Arini, Desak Gde D (2020). Perlindungan Hukum Terhadap Pekerja Dengan Perjanjian Kerja Waktu Tertentu di Indonesia. Jurnal Intepretasi Hukum Vol.2 No.1.
Rahardjo, J Satjipto (1983). Permasalahan Hukum di Indonesia. Bandung: Alumni.
Sabmoko, Hubertus Panji Dwi and Gunardi (2021). Mutasi Kerja Dalam Satu Grup Perusahaan.Studi Kasus: Putusan Pengadilan Negeri Nomor 144/PDT. SUS-PHI/2019/PN. PLG dan Putusan Mahkamah Agung Nomor 1283K/PDT. SUS-PHI/2020. Jurnal Hukum Adigama 4.2.
Sinaga, Niru Anita and Tiberius Zalucu (2017). Perlindungan Hukum Tenaga Hak-Hak Pekerja Dalam Hubungan Ketenagakerjaan di Indonesia. Jurnal Teknologi Industri Vol.6.
Tarigan, Josua, Yenewan, S., and Natalia, G. (2016). Merger dan Akuisisi: dari Perspektif Strategis dan Kondisi Indonesia (Pendekatan Konsep dan Studi Kasus). Yogyakarta: Ekuilibria
Supreme Court of Indonesia (2021) Court Decision Number 731K/Pdt.Sus-PHI/2021
The Constitution of the State of the Republic Indonesia of the Year 1945
Law Number 6 of 2023 on the Stipulation of Government Regulation in Lieu of Law Number 2 of 2022 on Job Creation to Become Law
Law Number 13 of 2003 on Manpower
Law Number 2 of 2004 on Industrial Relation Dispute Settlement
Law Number 40 of 2007 on Limited Liabilities Company