New Paradigm of RegTech for Holding Digital Corporations (HODCs) in Indonesia: From Disruptive to Sustaining Innovation

  • Airin Liemanto Faculty of Law, Universitas Brawijaya
  • Sukarmi Sukarmi Faculty of Law, Brawijaya University
  • Reka Dewantara Faculty of Law, Brawijaya University
  • Nurul Ula Ulya Faculty of Law, Brawijaya University

Abstract

The digital era demands transformation of all sectors, including the sector of economic law. The concept of economic law that is demanded to transform and transplant itself is the legal concept in the digital founding of companies. Companies no longer possess conventional schemes; they have transformed in terms of management patterns, market reach, and even organizational structure toward digital concepts, and therefore the law must be adaptive with these developments. The research for this article has the objective of forming new legal paradigms in the founding of companies. It takes the form of a normative legal research with usage of the philosophical and statute approaches. The results of the research showed that the adoption of concepts from the New Paradigm Theory of Kuhn requires a new legal paradigm with a new legal regime, because the old legal regime is not adaptive to the new form of companies with the conception of an enterprise form utilizing a technological approach through the aid of Regtech.

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Published
2022-12-29
How to Cite
LIEMANTO, Airin et al. New Paradigm of RegTech for Holding Digital Corporations (HODCs) in Indonesia: From Disruptive to Sustaining Innovation. Kertha Patrika, [S.l.], v. 44, n. 3, p. 248-264, dec. 2022. ISSN 2579-9487. Available at: <https://ojs.unud.ac.id/index.php/kerthapatrika/article/view/81340>. Date accessed: 15 may 2024. doi: https://doi.org/10.24843/KP.2022.v44.i03.p.01.
Section
Articles