This research aims to find out the magnitude of the relationship given moderation on innovation in the ownership structure of corporate value Explain. In addition, knowing and analyzing effects moderates the relationship between capital structure and firm value. This research is included in the explanatory research criteria. The data used in this study are secondary data obtained from the Indonesia Stock Exchange (IDX). There are three analytical methods used in this study, namely financial ratio analysis, descriptive analytic statistics, and inferential analysis (Fernandes, et al., 2019). WarpPLS is an analysis tool in inferential analysis (Solimun, et al., 2017). This study found a finding that there is a positive relationship between ownership structure and capital structure which significantly influences. While the negative relationship is shown in the relationship between ownership structure and firm value significantly. . The direction of the negative influence is also shown in the relationship between capital and firm value and it is produced that the relationship is not significant. The moderation effect on ownership structure on firm value is shown by the innovation variable. The authenticity of this study is the innovation variable as a moderating variable in the relationship between determinants of corporate value.