Procedures and Legal Responsibilities of the Shareholders' Meeting in the Merger of the People's Economic Bank (BPR) as a Corporate Action

Abstract

This study investigates the implementation and challenges in the incorporation of the People's Economic Bank (BPR) in Indonesia within the framework of current regulatory and technological developments. This research emphasizes the importance of compliance with legal procedures as regulated in the Financial Services Authority (OJK) regulations, as well as the need for institutional readiness in post-merger integration. The findings show that despite a comprehensive legal framework, there are practical gaps in shareholder participation, transparency, and risk management processes that can undermine corporate governance principles. The study also highlights the significant role of digital transformation in improving operational efficiency, customer experience, and post-merger financial inclusion, while acknowledging the technological and regulatory challenges that come with it. In addition, this study emphasizes the importance of considering competition and the need for coordinated supervision by relevant authorities to prevent the formation of market oligopolies and ensure sustainable regional development. The results show that an effective merger strategy must include legal compliance, technological adaptability, stakeholder engagement, and regulatory synchronization to build resilient and inclusive microfinance institutions in Indonesia.