SUBJEK HUKUM BISNIS DAN ORGANISASI

Abstrak

The financial statement manipulation case involving PT Tiga Pilar Sejahtera Food Tbk (AISA) represents a significant example of business law violations and weak corporate governance practices in Indonesia. Two former directors, Joko Mogoginta and Budhi Istanto, allegedly falsified financial reports to portray the company’s performance as stronger than its actual condition in order to maintain its image and attract investors. Such misconduct violates the Capital Market Law, accounting standards, and the principles of transparency and accountability within good corporate governance. The manipulation not only harmed investors and shareholders but also reduced public trust in the integrity of the capital market. This study discusses the theoretical framework of business law and organizational principles, the analysis of the case, and recommended resolutions through legal enforcement, organizational restructuring, strengthened auditing functions, and improved governance practices. The findings emphasize the importance of financial report integrity, robust internal controls, and regulatory compliance to prevent similar violations in the future.

Keywords: Business law, financial statement manipulation, corporate governance, AISA, transparency.