State-Owned Enterprises (SOEs) are currently facing tough challenges in balancing their role as the locomotive of the national economy with stringent accountability demands in asset management. Amid regulatory complexities, SOE managers often find themselves in a dilemma where business decisions made in good faith potentially intersect with the legal realm.
In response to this urgency, PT Perkebunan Nusantara III (Persero) initiated a public seminar titled “Beyond Business Risk: SOE Asset Management Strategy and Risk Boundaries in Business Decisions.” This agenda is designed as a strategic discussion platform for regulators, legal practitioners, and academics to formulate clear boundaries between business risk and legal liability in state-owned corporations.
The seminar, which will take place on July 15, 2026, in Jakarta, will dissect crucial topics ranging from the implementation of the Business Judgment Rule (BJR) principle within the national legal reform framework to state loss assessment mechanisms, which are often critical focal points in SOE legal cases. One important reference to be reviewed is the legal precedent from the 2025 ASDP Case Ruling.
This forum brings together leading experts and policymakers, including the Deputy Minister of Law and Human Rights, representatives from the Supreme Court, the Attorney General's Office, and academics from renowned universities. This cross-sector synergy is expected to yield a more comprehensive collective understanding regarding corporate risk mitigation.
This event marks a tangible step towards strengthening value-creation-oriented corporate governance without neglecting the principle of prudence. It is hoped that through this session, legal divisions within SOEs can gain deep insights into the boundaries of strategic decision-making that are safe from unnecessary legal complications.
