THE EFFECT OF CORPORATE FINANCIAL ARCHITECTURE AND VALUE ADDED HUMAN CAPITAL ON FIRM VALUE WITH INFORMATION TECHNOLOGY AS MODERATING THE TOURISM SERVICES IN INDONESIA

The purpose of this research to analyze and explain the effect of dimensions of corporate financial architecture variables (consisting of ownership structure, capital structure and corporate governance), value added human capital variable on firm value, and also add information technology variables as moderating. This research was conducted at tourism companies including restaurants and hotels listed on the Indonesia Stock Exchange (IDX) in the 2018 period using secondary data sources, consisting of 32 companies. The analytical method on hypothesis testing uses a regression test with the MRA moderating variable in SPSS. The results of the research show that ownership structure, corporate governance and value added human capital have a positive and significant effect on firm value; capital structure does not affect firm value; information technology that is significant in moderating the effect of ownership structure, capital structure and value added human capital on the firm value, but not for the effect of corporate governance on the firm value.