Influence of economic factors on the share’s value through the concepts of the life cycle: The case of Indonesia

The article aimed to substantiate the differentiated impact of critical internal factors economic activities on market value shares for joint-stock companies accounting organizational development cycle. Using Company’s Financial Statements in Automotive and Component subsectors listed Indonesia Stock Exchange 2008-2021, Chow test, path analysis, t-criterion, we determined features relationship between share price performance indicators are determined. We used analysis modeling assess number dividend payments per share, asset turnover, net profit built. A nature depending company’s life cycle has been established. Knowing stage business, company can develop most effective strategy determine appropriate management method.