The Influence of Law on Business Administration
Legal frameworks are crucial in determining how businesses operate and develop their strategy in the fast-paced, cutthroat commercial world of today. Law serves as a safeguard, barrier, and direction when conducting business, especially when it comes to business administration. Understanding legal impacts is crucial for developing future business leaders, according to S1 Administrasi Bisnis Telkom University’s Bachelor of Business Administration Program.
Law’s Function in Business Administration
- Legal Framework for Businesses
Any business must decide between a corporation, partnership, or single proprietorship as its legal form. Regarding liability, taxes, and management power, each has distinct legal ramifications. Administrators can make strategic decisions that are in line with corporate objectives when they have a solid understanding of legal structures. - Contractual Conditions
Contracts are essential to commercial dealings. Business administrators can efficiently negotiate, interpret, and enforce agreements by having a solid understanding of contract law. It guarantees compliance, reduces risk, and fosters stakeholder trust. - Adherence to Regulations
Administrators of businesses are responsible for making sure that a number of laws, including those pertaining to intellectual property, employment, taxes, and the environment, are followed. Fines, harm to one’s reputation, and even the liquidation of a business can result from noncompliance. Proactive risk management is made possible by regulatory framework knowledge. - Human Resources and Labor Law
Within the bounds of the law, administrators are responsible for overseeing hiring procedures, pay standards, workplace safety, and employee rights. Labor legislation supports diversity, guarantees equitable treatment of workers, and fosters a positive work environment. - Resolution of Disputes
Business conflicts are unavoidable. Administrators that possess legal understanding are better able to settle conflicts through arbitration, litigation, or negotiation. In multinational operations, the law also offers procedures for resolving cross-border disputes.
Legal Aspects of Business Practices in Indonesia
The Civil Code, Company Law, and other sectoral legislation govern business in Indonesia. For instance, tax laws guarantee fair and transparent taxation, whereas UU No. 40 Tahun 2007 regulates company governance. Businesses doing business in Indonesia must be aware of these national legislation.
By integrating Indonesian business law modules, S1 Administrasi Bisnis Universitas Telkom gives students the tools they need to analyze the law in managerial roles and prepares them to handle real-world regulatory difficulties.
The Strategic Value of Legal Expertise in Business Management
- Improving the Management of Risk
Administrators can anticipate, evaluate, and reduce risks associated with contracts, employee conduct, and compliance by using legal insights. - Assisting with Strategic Planning
Strategic planning that takes legal viewpoints into account aids in anticipating legislative changes and bringing the organization into compliance with industry regulations. - Developing Trust and Credibility
Businesses that uphold moral and legal principles gain the respect and confidence of their partners, investors, and customers.
The Bachelor of Business Administration Program’s Legal Education Course
Students in S1 Administrasi Bisnis Telkom University are exposed to legal topics like:
- Ethics and Business Law
- Governance of Companies
- Management of Contracts
- Workplace Law
By ensuring that graduates are knowledgeable with the legal aspects of administration, these courses improve their capacity for leadership and sound judgment.
Benefits Compared to Rival Programs
- Including corporate case studies in legal education
- Strong cooperation with legal and business organizations
- Business simulations using applied legal analysis
- Recognition and accreditation both domestically and abroad
- Facilities and Services Provided
- Lab for simulating legal business
- Experiences in moot courts
- Career guidance and assistance with legal advice
- Availability of government and scholarly legal databases
- Scholarship and Application Requirements
S1 Administrasi Bisnis Telkom admits students in accordance with national university regulations. High-achieving students can apply for full or partial funded scholarships. Academic transcripts, a personal statement, and a portfolio assessment are required for the application.
References
Indonesia Civil Code (KUHPerdata)
UU No. 40 Tahun 2007 tentang Perseroan Terbatas
OECD (2023). Business Law in Emerging Markets.
Telkom University Official Website: https://telkomuniversity.ac.id
Harsono, B. (2019). Hukum dalam Dunia Bisnis. Jakarta: Prenadamedia Group
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