M. Hadi Shubhan, - (2020) The Effects Of Reforming Regulation In Resolving Insolvency Towards EODB Rank Improvement: Evidence From Indonesia. International Insolvency Review, 29 (1). pp. 83-99. ISSN 1099-1107

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Abstract

This article examines the effectiveness of policy reformand implementation in resolving insolvency in Indone-sia. The Ease of Doing Business (EODB) in Indonesiahas significantly increased over the last 6 years, fromranking 129th in 2012 to 73rd in 2019. Among the10 EODB indicators, resolving insolvency was identi-fied to be the highest contributing indicator. In 2019,this indicator ranked 36th—far above the overall afore-mentioned Indonesian EODB score, a 73rd worldwideranking. This article examines the factors leading to ahigh bankruptcy settlement score as well as the indica-tors that must be improved to raise Indonesia's EODBranking.

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