Indonesia Conference Directory

Good corporate value is the main goal of the companys financial management. Financial managers need to consider many factors that influence company value. An important factor that needs to be regulated properly is the capital structure because this is the foundation of the company. The condition of the capital structure greatly influences the sustainability of a company. The financial manager is obliged to maintain the stability and condition of a good capital structure with a choice of capital from internal or external sources. Another important factor affecting company value is the structure of the companys assets. Within the companys assets there are assets that greatly determine the value of the company, namely asset light. The purpose of this study is to obtain evidence of whether asset light and capital structure have an influence on firm value. The researcher used secondary data in the form of company financial reports on Tourism, Hotels and Restaurants sub-sectors obtained from the Indonesia Stock Exchange (IDX). The researcher used a sample of 17 companies selected by purposive sampling. Descriptive and verification analysis is carried out using eVIEWS 9 software, using panel data, which is a combination of time series data and cross section data. The findings obtained from the results of this study are the presence of the effect of asset light and capital structure on firm value.