ASPEK HUKUM SAHAM TANPA NILAI NOMINAL DAN IMPLIKASINYA BAGI PERSEROAN TERBATAS DAN PASAR MODAL

• Main Authors: , Steven Budi Mulia Siahaan, , Drs. Paripurna S.H., M.Hum. LL. M
• Format: Theses and Dissertations NonPeerReviewed
• Published: [Yogyakarta] : Universitas Gadjah Mada 2012
• Subjects: ETD
• Online Access: https://repository.ugm.ac.id/98468/; http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=54833
• Institution: Universitas Gadjah Mada

According to Act No. 40 years 207 Article 31 (1) The authorized capital of the Company consists of the nominal value of shares. (2) The provisions referred to in paragraph (1) does not rule out the possibility of legislation in the field of capital markets set the company's capital consists of shares without nominal value. In Article 28 paragraph (1) Act No. 8 Year 1995 concerning Capital Market Fund determines that the shares of the company's Open-shaped issued without par value. The value of transactions in the Open Fund is based on Net Asset Value (NAV) of the calculation is done every day. This net asset value that describes the value of any shares or units in the Fund's portfolio. In making investment decisions, investors actually do not know with certainty the level of investment profits. Uncertainty level of investor benefits associated with the risk in every investment. Investment risk should be calculated precisely to avoid investment losses, it is the responsibility of the Board of Directors of the Company to take action associated with the management company, and that action should be under the supervision of the Commissioner of the Company. Any decision of the Board of Directors determines that the company acts in the capital market is known by the action of the issuer (corporate actions). One purpose of the issuance of shares without par value is the limited liability protection for creditors. Issuance of shares without par value may be justified by the Board of Directors and Board of Commissioners of the company in such a way that does not undermine the company's creditors and capital markets investor if the stock is traded on the stock. The concept of the issuance of shares without par value is stated in the draft Capital Market Law (RUUPM) in the provisions of Article 84 A RUUPM. In Part Six of the Shares and the administration of.