The Influence of Intellectual Capital Disclosure and Capital Structure on Firm Value in Indonesian's State-Owned Company

The aim of this study is to analyze the influence of intellectual capital disclosure and capital structure on firm value in state-owned enterprises listed on the IDX from 2018 to 2021. The whole sampling approach was employed for sample selection in this study, which is a sampling strategy in which all members of the population are utilized as samples, yielding a total of 26 firms. Panel data regression using the EViews tool was utilized for data analysis. According to the findings, intellectual capital disclosure had a positive and significant effect on firm value. While capital structure had no significant negative effect on firm value. Managerial implications that provide input to managers of BUMN companies that are not listed on the IDX so that they can compare the good source and resource asset management in BUMN companies that have gone public, allowing them to influence and even increase the company's value in the future in a sustainable manner