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Implementation of Discounting Cash Flow Theory in Restorative Justice Processes in the Stage of Police Investigation in Indonesia

In: Proceedings of the 7th Global Conference on Business, Management, and Entrepreneurship (GCBME 2022)

Author

Listed:
  • Nugraha Pranadita

    (Universitas Pendidikan Indonesia)

  • Nugraha

    (Universitas Pendidikan Indonesia)

  • Maya Sari

    (Universitas Pendidikan Indonesia)

Abstract

In the criminal law system in Indonesia, which begins with the investigation process and ends with the criminal process, the police carry out their role at the investigation and investigation stage. Criminal law is enforced in criminal courts, while civil law is enforced in civil courts. This is because the two fields of law have different concepts. Applying restorative justice at the investigation stage in the police is one way of bringing the concept of criminal law closer to the concept of civil law in the context of law enforcement in Indonesia. In the framework of restorative justice, “punishment” for a certain crime is replaced by “compensation payment”. Regarding how the value of compensation is calculated, this is not the domain of legal science to explain it. Law science requires assistance from other sciences in the context of law enforcement. Regarding the calculation of the value of compensation, law science gets help from the science of financial management through the discounted cash flow theory, which can be used as an alternative solution to calculating the compensation value. This proves that law is a shared science that can provide space for other sciences to assist the development of legal science in the framework of law enforcement and towards the farthest objectives of the law, namely, justice.

Suggested Citation

  • Nugraha Pranadita & Nugraha & Maya Sari, 2024. "Implementation of Discounting Cash Flow Theory in Restorative Justice Processes in the Stage of Police Investigation in Indonesia," Advances in Economics, Business and Management Research, in: Ratih Hurriyati & Lili Adi Wibowo & Ade Gafar Abdullah & Sulastri & Lisnawati & Yusuf Murtadlo (ed.), Proceedings of the 7th Global Conference on Business, Management, and Entrepreneurship (GCBME 2022), pages 253-263, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-234-7_24
    DOI: 10.2991/978-94-6463-234-7_24
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