COMPARISON OF TIMOR-LESTE’S GOOD CORPORATE GOVERNANCE LAW WITH INDONESIA’S ANTI-MONOPOLY LAW TO ENHANCE CORPORATE COMPETITIVENESS
DOI:
https://doi.org/10.46799/ijssr.v5i1.1170Keywords:
Good Corporate Governance, Anti-Monopoly, Corporate Competitiveness, Regional CollaborationAbstract
The implementation of Good Corporate Governance (GCG) principles in Timor Leste and the implementation of antitrust policies in Indonesia have a significant impact on the competitiveness of companies in both countries. This paper aims to provide a deeper understanding of the comparison between the GCG principles applied in the two countries, both in terms of their implementation challenges and impacts on business competitiveness. The qualitative approach was chosen to understand the phenomenon in depth, identifying the dynamics in the legal and policy contexts in each country. Using the comparative analysis method, the author explores the similarities and differences between the two legal frameworks, as well as analyzes the social and economic impact of these policies on the competition of companies. It is expected that this research can contribute to the development of better economic policies both in the countries and provide insights for other developing countries in optimizing corporate governance and business competition to achieve inclusive and sustainable economic development.
References
ASEAN. (2020a). ASEAN Competition Action Plan 2025.
ASEAN. (2020b). Regional Cooperation on Competition Policy in ASEAN.
ASEAN Secretariat. (2015). ASEAN Economic Community Blueprint 2025.
ASEAN Secretariat. (2018). Regional Guidelines on Competition Policy.
ASEAN Secretariat. (2021a). ASEAN Capacity Development Programs.
ASEAN Secretariat. (2021b). Timor-Leste’s Path to ASEAN Membership.
ASEAN Secretariat. (2022). Progress Report on ASEAN Integration.
Asian Development Bank. (2021). Economic Development in Timor-Leste.
Asian Development Bank. (2022a). Capacity Building for Competition Law.
Asian Development Bank. (2022b). Corporate Governance in Timor-Leste: Challenges and Opportunities.
Asian Development Bank. (2022c). Strengthening Corporate Governance in Timor-Leste.
Asian Development Bank. (2022d). Timor Leste: Challenges in Corporate Governance and Economic Development.
Asian Development Bank. (2022e). Timor Leste: Improving Corporate Governance in Small and Medium Enterprises.
Asian Development Bank. (2022f). Timor Leste: Promoting Good Governance and Strengthening Institutions.
Business Competition Supervisory Commission (ICC). (2020). ICC Annual Report 2020.
Komisi Pengawas Persaingan Usaha (KPPU). (2020). Laporan Tahunan KPPU 2020.
Komisi Pengawas Persaingan Usaha (KPPU). (2022). International Cooperation on Competition Policy: Indonesia-Australia Collaboration.
Komisi Pengawas Persaingan Usaha (KPPU). (2023a). Integrasi Kebijakan Persaingan Usaha dan Kebijakan Industri.
Komisi Pengawas Persaingan Usaha (KPPU). (2023b). Persaingan Usaha di Indonesia: Tantangan dan Peluang.
KPPU. (2023). Kerja Sama Regional dalam Penegakan Hukum Persaingan.
OECD. (2015). OECD Principles of Corporate Governance.
OECD. (2020a). Competition Law and Policy in Indonesia: Challenges and Opportunities.
OECD. (2020b). Harmonizing Competition Policies in Southeast Asia.
OECD. (2021). Corporate Governance in Emerging Economies: Trends and Challenges.
UNCTAD. (2021). Competition Policy in ASEAN: Challenges and Opportunities.
UNDP. (2019). Developing Corporate Governance in Emerging Markets.
World Bank. (2020a). Competition Policy and Economic Development in Indonesia.
World Bank. (2020b). Doing Business in ASEAN 2020.
World Bank. (2020c). Strengthening Competition Policy in Indonesia: A Review of the 1999 Antimonopoly Law.
World Bank. (2021a). Corporate Governance and SME Development in Timor-Leste.
World Bank. (2021b). Timor Leste: Institutional Capacity Building and Economic Development.
World Economic Forum. (2022). Global Competitiveness Report.
Downloads
Published
Issue
Section
License
Copyright (c) 2025 Maria Angelica Araujo Fernandes, Dhany Rahmawan, Novina Sri Indiraharti, Elfrida Ratnawati
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike 4.0 International. that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
