The Effect of Good Corporate Governance on Company Value in Life Company Cycle

Abstract

This study aim is to get empirical evidence about the effect of good corporate governance on corporate value at company life cycle. This research is conducted from 2011 - 2015 periods. The 81 samples are selected by purposive sampling technique. The data is analyzed by Simple Linear Regression. The research results show empirical evidence that good corporate governance affect on corporate values at each life cycle. At growth and stagnant stage, good corporate governance does not affect the company value. However, different results were obtained for companies in mature stage, good corporate governance has a positive effect on company value. This is due to different characteristics for each company in each company life cycle.

Keywords: Corporate Value, Good Corporate Governance, Corporate Life Cycle.