Under serious inflation, there has been a considerable gap between book value and market value. To improve this gap, asset revaluation has been implementing in Korea. This paper investigates firms' motives of asset revaluation. The result of empirical tests may be summarized as follow : The corporations listed in Korea Stock Exchange revaluate their assets in order to borrow money owing to good financial structures. Based on this result, the asset revaluation law would be necessary to review.