Abstract

PURPOSE: This study aims to identify what the phrase “state economy” means in the Indonesian Anti-Corruption Act and to provide standards or benchmarks for determining the ratio of state economic losses caused by corruption. DESIGN/METHODOLOGY/APPROACH: A descriptive-analytical strategy was employed in this investigation. This method made use of library research on rules and court decisions, and the information gathered was examined descriptively. FINDINGS: Although the notion of state economy is articulated in the General Explanation of the Anti-Corruption Act, this study demonstrates that it remains inappropriate and confusing. RESEARCH LIMITATIONS/IMPLICATIONS: The findings of this study are likely to serve as a model for future research or as a reference for judges interpreting the aspects of the state economy in the Indonesian Anti-Corruption Act. ORIGINALITY/VALUE: This study demonstrates the parameters and guidelines for understanding the notion of damaging a country’s economy, as well as explaining the meaning of harming a country’s economy by identifying the definition of economic interests.

Original languageEnglish
Pages (from-to)53-67
Number of pages15
JournalWorld Journal of Entrepreneurship, Management and Sustainable Development
Volume19
Issue number1-2
DOIs
Publication statusPublished - 2023

Keywords

  • Corruption
  • State Economic Losses
  • State Financial Losses

Fingerprint

Dive into the research topics of 'Defining State Economic Loss Due to Corruption within the Indonesian Law: Hurdle and Solution'. Together they form a unique fingerprint.

Cite this