id	sid	tid	token	lemma	pos
abr-289	1	1	abstract	abstract	ADJ
abr-289	1	2	70	70	NUM
abr-289	1	3	a	a	DET
abr-289	1	4	financial	financial	ADJ
abr-289	1	5	profile	profile	NOUN
abr-289	1	6	of	of	ADP
abr-289	1	7	firms	firm	NOUN
abr-289	1	8	awarded	award	VERB
abr-289	1	9	the	the	DET
abr-289	1	10	highest	high	ADJ
abr-289	1	11	technical	technical	ADJ
abr-289	1	12	ratings	rating	NOUN
abr-289	1	13	by	by	ADP
abr-289	1	14	value	value	NOUN
abr-289	1	15	line	line	NOUN
abr-289	1	16	in	in	ADP
abr-289	1	17	a	a	DET
abr-289	1	18	period	period	NOUN
abr-289	1	19	of	of	ADP
abr-289	1	20	high	high	ADJ
abr-289	1	21	economic	economic	ADJ
abr-289	1	22	growth	growth	NOUN
abr-289	1	23	bruce	bruce	PROPN
abr-289	1	24	c	c	PROPN
abr-289	1	25	payne	payne	PROPN
abr-289	1	26	,	,	PUNCT
abr-289	1	27	ph.d	ph.d	PROPN
abr-289	1	28	.	.	PROPN
abr-289	1	29	barry	barry	PROPN
abr-289	1	30	university	university	PROPN
abr-289	1	31	marie	marie	PROPN
abr-289	1	32	beauchesne	beauchesne	PROPN
abr-289	1	33	,	,	PUNCT
abr-289	1	34	ph.d	ph.d	PROPN
abr-289	1	35	.	.	PROPN
abr-289	1	36	barry	barry	PROPN
abr-289	1	37	university	university	PROPN
abr-289	1	38	michael	michael	PROPN
abr-289	1	39	tyler	tyler	PROPN
abr-289	1	40	,	,	PUNCT
abr-289	1	41	ph.d	ph.d	PROPN
abr-289	1	42	.	.	PROPN
abr-289	1	43	barry	barry	PROPN
abr-289	1	44	university	university	PROPN
abr-289	1	45	this	this	DET
abr-289	1	46	study	study	NOUN
abr-289	1	47	examines	examine	VERB
abr-289	1	48	the	the	DET
abr-289	1	49	financial	financial	ADJ
abr-289	1	50	characteristics	characteristic	NOUN
abr-289	1	51	of	of	ADP
abr-289	1	52	the	the	DET
abr-289	1	53	group	group	NOUN
abr-289	1	54	of	of	ADP
abr-289	1	55	firms	firm	NOUN
abr-289	1	56	that	that	PRON
abr-289	1	57	have	have	AUX
abr-289	1	58	been	be	AUX
abr-289	1	59	identified	identify	VERB
abr-289	1	60	by	by	ADP
abr-289	1	61	value	value	NOUN
abr-289	1	62	line	line	NOUN
abr-289	1	63	as	as	ADP
abr-289	1	64	having	have	VERB
abr-289	1	65	the	the	DET
abr-289	1	66	highest	high	ADJ
abr-289	1	67	technical	technical	ADJ
abr-289	1	68	ratings	rating	NOUN
abr-289	1	69	in	in	ADP
abr-289	1	70	their	their	PRON
abr-289	1	71	database	database	NOUN
abr-289	1	72	during	during	ADP
abr-289	1	73	the	the	DET
abr-289	1	74	four	four	NUM
abr-289	1	75	years	year	NOUN
abr-289	1	76	preceding	precede	VERB
abr-289	1	77	the	the	DET
abr-289	1	78	2020	2020	NUM
abr-289	1	79	occurrence	occurrence	NOUN
abr-289	1	80	and	and	CCONJ
abr-289	1	81	resulting	result	VERB
abr-289	1	82	economic	economic	ADJ
abr-289	1	83	downturn	downturn	NOUN
abr-289	1	84	of	of	ADP
abr-289	1	85	the	the	DET
abr-289	1	86	coronavirus-19	coronavirus-19	PROPN
abr-289	1	87	pandemic	pandemic	NOUN
abr-289	1	88	.	.	PUNCT
abr-289	2	1	that	that	DET
abr-289	2	2	period	period	NOUN
abr-289	2	3	was	be	AUX
abr-289	2	4	characterized	characterize	VERB
abr-289	2	5	by	by	ADP
abr-289	2	6	a	a	DET
abr-289	2	7	high	high	ADJ
abr-289	2	8	level	level	NOUN
abr-289	2	9	of	of	ADP
abr-289	2	10	economic	economic	ADJ
abr-289	2	11	growth	growth	NOUN
abr-289	2	12	,	,	PUNCT
abr-289	2	13	low	low	ADJ
abr-289	2	14	unemployment	unemployment	NOUN
abr-289	2	15	,	,	PUNCT
abr-289	2	16	and	and	CCONJ
abr-289	2	17	record	record	NOUN
abr-289	2	18	-	-	PUNCT
abr-289	2	19	high	high	ADJ
abr-289	2	20	equity	equity	NOUN
abr-289	2	21	markets	market	NOUN
abr-289	2	22	.	.	PUNCT
abr-289	3	1	those	those	DET
abr-289	3	2	highest	highest	ADV
abr-289	3	3	-	-	PUNCT
abr-289	3	4	ranking	rank	VERB
abr-289	3	5	firms	firm	NOUN
abr-289	3	6	are	be	AUX
abr-289	3	7	compared	compare	VERB
abr-289	3	8	with	with	ADP
abr-289	3	9	firms	firm	NOUN
abr-289	3	10	chosen	choose	VERB
abr-289	3	11	at	at	ADP
abr-289	3	12	random	random	ADJ
abr-289	3	13	,	,	PUNCT
abr-289	3	14	but	but	CCONJ
abr-289	3	15	from	from	ADP
abr-289	3	16	the	the	DET
abr-289	3	17	same	same	ADJ
abr-289	3	18	industries	industry	NOUN
abr-289	3	19	,	,	PUNCT
abr-289	3	20	to	to	PART
abr-289	3	21	determine	determine	VERB
abr-289	3	22	whether	whether	SCONJ
abr-289	3	23	the	the	DET
abr-289	3	24	firms	firm	NOUN
abr-289	3	25	with	with	ADP
abr-289	3	26	the	the	DET
abr-289	3	27	high	high	ADJ
abr-289	3	28	technical	technical	ADJ
abr-289	3	29	ratings	rating	NOUN
abr-289	3	30	in	in	ADP
abr-289	3	31	such	such	DET
abr-289	3	32	an	an	DET
abr-289	3	33	economic	economic	ADJ
abr-289	3	34	environment	environment	NOUN
abr-289	3	35	have	have	VERB
abr-289	3	36	a	a	DET
abr-289	3	37	unique	unique	ADJ
abr-289	3	38	risk	risk	NOUN
abr-289	3	39	-	-	PUNCT
abr-289	3	40	return	return	NOUN
abr-289	3	41	profile	profile	NOUN
abr-289	3	42	,	,	PUNCT
abr-289	3	43	and	and	CCONJ
abr-289	3	44	by	by	ADP
abr-289	3	45	implication	implication	NOUN
abr-289	3	46	,	,	PUNCT
abr-289	3	47	a	a	DET
abr-289	3	48	heretofore	heretofore	ADJ
abr-289	3	49	unknown	unknown	ADJ
abr-289	3	50	relationship	relationship	NOUN
abr-289	3	51	between	between	ADP
abr-289	3	52	technical	technical	ADJ
abr-289	3	53	and	and	CCONJ
abr-289	3	54	fundamental	fundamental	ADJ
abr-289	3	55	analysis	analysis	NOUN
abr-289	3	56	.	.	PUNCT
abr-289	4	1	as	as	ADP
abr-289	4	2	in	in	ADP
abr-289	4	3	previous	previous	ADJ
abr-289	4	4	studies	study	NOUN
abr-289	4	5	of	of	ADP
abr-289	4	6	this	this	DET
abr-289	4	7	type	type	NOUN
abr-289	4	8	,	,	PUNCT
abr-289	4	9	multiple	multiple	ADJ
abr-289	4	10	discriminant	discriminant	ADJ
abr-289	4	11	analysis	analysis	NOUN
abr-289	4	12	is	be	AUX
abr-289	4	13	used	use	VERB
abr-289	4	14	to	to	PART
abr-289	4	15	identify	identify	VERB
abr-289	4	16	the	the	DET
abr-289	4	17	characteristics	characteristic	NOUN
abr-289	4	18	that	that	SCONJ
abr-289	4	19	most	most	ADV
abr-289	4	20	highly	highly	ADV
abr-289	4	21	separate	separate	ADJ
abr-289	4	22	the	the	DET
abr-289	4	23	two	two	NUM
abr-289	4	24	groups	group	NOUN
abr-289	4	25	of	of	ADP
abr-289	4	26	firms	firm	NOUN
abr-289	4	27	,	,	PUNCT
abr-289	4	28	and	and	CCONJ
abr-289	4	29	canonical	canonical	ADJ
abr-289	4	30	correlation	correlation	NOUN
abr-289	4	31	ranks	rank	VERB
abr-289	4	32	the	the	DET
abr-289	4	33	discriminant	discriminant	NOUN
abr-289	4	34	variables	variable	NOUN
abr-289	4	35	.	.	PUNCT
abr-289	5	1	keywords	keyword	NOUN
abr-289	5	2	:	:	PUNCT
abr-289	5	3	technical	technical	ADJ
abr-289	5	4	analysis	analysis	NOUN
abr-289	5	5	,	,	PUNCT
abr-289	5	6	economic	economic	ADJ
abr-289	5	7	growth	growth	NOUN
abr-289	5	8	,	,	PUNCT
abr-289	5	9	multiple	multiple	ADJ
abr-289	5	10	discriminant	discriminant	ADJ
abr-289	5	11	analysis	analysis	NOUN
abr-289	5	12	.	.	PUNCT
abr-289	6	1	introduction	introduction	NOUN
abr-289	6	2	the	the	DET
abr-289	6	3	value	value	NOUN
abr-289	6	4	line	line	NOUN
abr-289	6	5	investment	investment	NOUN
abr-289	6	6	survey	survey	NOUN
abr-289	6	7	awards	award	NOUN
abr-289	6	8	each	each	PRON
abr-289	6	9	of	of	ADP
abr-289	6	10	the	the	DET
abr-289	6	11	1700	1700	NUM
abr-289	6	12	companies	company	NOUN
abr-289	6	13	in	in	ADP
abr-289	6	14	its	its	PRON
abr-289	6	15	database	database	NOUN
abr-289	6	16	a	a	DET
abr-289	6	17	technical	technical	ADJ
abr-289	6	18	rating	rating	NOUN
abr-289	6	19	ranging	range	VERB
abr-289	6	20	from	from	ADP
abr-289	6	21	one	one	NUM
abr-289	6	22	to	to	ADP
abr-289	6	23	five	five	NUM
abr-289	6	24	.	.	PUNCT
abr-289	7	1	a	a	DET
abr-289	7	2	ranking	ranking	NOUN
abr-289	7	3	of	of	ADP
abr-289	7	4	one	one	NUM
abr-289	7	5	indicates	indicate	VERB
abr-289	7	6	that	that	SCONJ
abr-289	7	7	the	the	DET
abr-289	7	8	company	company	NOUN
abr-289	7	9	has	have	VERB
abr-289	7	10	immediate	immediate	ADJ
abr-289	7	11	investment	investment	NOUN
abr-289	7	12	potential	potential	NOUN
abr-289	7	13	over	over	ADP
abr-289	7	14	a	a	DET
abr-289	7	15	three	three	NUM
abr-289	7	16	to	to	PART
abr-289	7	17	five	five	NUM
abr-289	7	18	-	-	PUNCT
abr-289	7	19	month	month	NOUN
abr-289	7	20	period	period	NOUN
abr-289	7	21	,	,	PUNCT
abr-289	7	22	and	and	CCONJ
abr-289	7	23	a	a	DET
abr-289	7	24	ranking	ranking	NOUN
abr-289	7	25	of	of	ADP
abr-289	7	26	five	five	NUM
abr-289	7	27	indicates	indicate	VERB
abr-289	7	28	that	that	SCONJ
abr-289	7	29	there	there	PRON
abr-289	7	30	is	be	VERB
abr-289	7	31	no	no	DET
abr-289	7	32	immediate	immediate	ADJ
abr-289	7	33	investment	investment	NOUN
abr-289	7	34	potential	potential	NOUN
abr-289	7	35	and	and	CCONJ
abr-289	7	36	may	may	AUX
abr-289	7	37	indeed	indeed	ADV
abr-289	7	38	contain	contain	VERB
abr-289	7	39	the	the	DET
abr-289	7	40	potential	potential	NOUN
abr-289	7	41	for	for	ADP
abr-289	7	42	loss	loss	NOUN
abr-289	7	43	.	.	PUNCT
abr-289	8	1	value	value	NOUN
abr-289	8	2	line	line	NOUN
abr-289	8	3	uses	use	VERB
abr-289	8	4	a	a	DET
abr-289	8	5	proprietary	proprietary	ADJ
abr-289	8	6	formula	formula	NOUN
abr-289	8	7	to	to	PART
abr-289	8	8	predict	predict	VERB
abr-289	8	9	the	the	DET
abr-289	8	10	short	short	ADJ
abr-289	8	11	-	-	PUNCT
abr-289	8	12	term	term	NOUN
abr-289	8	13	(	(	PUNCT
abr-289	8	14	three	three	NUM
abr-289	8	15	to	to	PART
abr-289	8	16	six	six	NUM
abr-289	8	17	months	month	NOUN
abr-289	8	18	)	)	PUNCT
abr-289	8	19	future	future	ADJ
abr-289	8	20	price	price	NOUN
abr-289	8	21	returns	return	NOUN
abr-289	8	22	relative	relative	ADJ
abr-289	8	23	to	to	ADP
abr-289	8	24	the	the	DET
abr-289	8	25	value	value	NOUN
abr-289	8	26	line	line	NOUN
abr-289	8	27	universe	universe	NOUN
abr-289	8	28	of	of	ADP
abr-289	8	29	those	those	DET
abr-289	8	30	1700	1700	NUM
abr-289	8	31	companies	company	NOUN
abr-289	8	32	(	(	PUNCT
abr-289	8	33	value	value	NOUN
abr-289	8	34	line	line	NOUN
abr-289	8	35	pro	pro	ADJ
abr-289	8	36	,	,	PUNCT
abr-289	8	37	2019	2019	NUM
abr-289	8	38	)	)	PUNCT
abr-289	8	39	.	.	PUNCT
abr-289	9	1	the	the	DET
abr-289	9	2	company	company	NOUN
abr-289	9	3	has	have	AUX
abr-289	9	4	had	have	VERB
abr-289	9	5	a	a	DET
abr-289	9	6	proven	prove	VERB
abr-289	9	7	track	track	NOUN
abr-289	9	8	record	record	NOUN
abr-289	9	9	with	with	ADP
abr-289	9	10	its	its	PRON
abr-289	9	11	technical	technical	ADJ
abr-289	9	12	ranking	ranking	NOUN
abr-289	9	13	system	system	NOUN
abr-289	9	14	since	since	SCONJ
abr-289	9	15	1965	1965	NUM
abr-289	9	16	.	.	PUNCT
abr-289	10	1	their	their	PRON
abr-289	10	2	top	top	ADV
abr-289	10	3	-	-	PUNCT
abr-289	10	4	ranked	rank	VERB
abr-289	10	5	stocks	stock	NOUN
abr-289	10	6	for	for	ADP
abr-289	10	7	technical	technical	ADJ
abr-289	10	8	ratings	rating	NOUN
abr-289	10	9	outperformed	outperform	VERB
abr-289	10	10	the	the	DET
abr-289	10	11	dow	dow	PROPN
abr-289	10	12	jones	jones	PROPN
abr-289	10	13	wilshire	wilshire	PROPN
abr-289	10	14	5000	5000	NUM
abr-289	10	15	’s	’s	PART
abr-289	10	16	total	total	ADJ
abr-289	10	17	-	-	PUNCT
abr-289	10	18	return	return	NOUN
abr-289	10	19	index	index	NOUN
abr-289	10	20	by	by	ADP
abr-289	10	21	an	an	DET
abr-289	10	22	average	average	NOUN
abr-289	10	23	of	of	ADP
abr-289	10	24	2.6	2.6	NUM
abr-289	10	25	percentage	percentage	NOUN
abr-289	10	26	points	point	NOUN
abr-289	10	27	a	a	DET
abr-289	10	28	year	year	NOUN
abr-289	10	29	over	over	ADP
abr-289	10	30	nearly	nearly	ADV
abr-289	10	31	three	three	NUM
abr-289	10	32	decades	decade	NOUN
abr-289	10	33	(	(	PUNCT
abr-289	10	34	hulbert	hulbert	NOUN
abr-289	10	35	,	,	PUNCT
abr-289	10	36	2007	2007	NUM
abr-289	10	37	)	)	PUNCT
abr-289	10	38	.	.	PUNCT
abr-289	11	1	thus	thus	ADV
abr-289	11	2	,	,	PUNCT
abr-289	11	3	the	the	DET
abr-289	11	4	technical	technical	ADJ
abr-289	11	5	ranking	ranking	NOUN
abr-289	11	6	has	have	AUX
abr-289	11	7	been	be	AUX
abr-289	11	8	of	of	ADP
abr-289	11	9	interest	interest	NOUN
abr-289	11	10	to	to	ADP
abr-289	11	11	investors	investor	NOUN
abr-289	11	12	and	and	CCONJ
abr-289	11	13	market	market	NOUN
abr-289	11	14	researchers	researcher	NOUN
abr-289	11	15	for	for	ADP
abr-289	11	16	years	year	NOUN
abr-289	11	17	.	.	PUNCT
abr-289	12	1	http://journals.sfu.ca/abr	http://journals.sfu.ca/abr	ADJ
abr-289	12	2	advances	advance	NOUN
abr-289	12	3	in	in	ADP
abr-289	12	4	business	business	NOUN
abr-289	12	5	research	research	NOUN
abr-289	12	6	2020	2020	NUM
abr-289	12	7	,	,	PUNCT
abr-289	12	8	volume	volume	NOUN
abr-289	12	9	10	10	NUM
abr-289	12	10	,	,	PUNCT
abr-289	12	11	pages	page	NOUN
abr-289	12	12	70	70	NUM
abr-289	12	13	-	-	SYM
abr-289	12	14	81	81	NUM
abr-289	12	15	71	71	NUM
abr-289	12	16	previous	previous	ADJ
abr-289	12	17	studies	study	NOUN
abr-289	12	18	on	on	ADP
abr-289	12	19	the	the	DET
abr-289	12	20	investment	investment	NOUN
abr-289	12	21	potential	potential	NOUN
abr-289	12	22	of	of	ADP
abr-289	12	23	highly	highly	ADV
abr-289	12	24	ranked	rank	VERB
abr-289	12	25	firms	firm	NOUN
abr-289	12	26	based	base	VERB
abr-289	12	27	on	on	ADP
abr-289	12	28	technical	technical	ADJ
abr-289	12	29	analysis	analysis	NOUN
abr-289	12	30	have	have	AUX
abr-289	12	31	ignored	ignore	VERB
abr-289	12	32	the	the	DET
abr-289	12	33	macroeconomic	macroeconomic	ADJ
abr-289	12	34	background	background	NOUN
abr-289	12	35	and	and	CCONJ
abr-289	12	36	risk	risk	NOUN
abr-289	12	37	-	-	PUNCT
abr-289	12	38	return	return	NOUN
abr-289	12	39	characteristics	characteristic	NOUN
abr-289	12	40	of	of	ADP
abr-289	12	41	those	those	DET
abr-289	12	42	highly	highly	ADV
abr-289	12	43	ranked	rank	VERB
abr-289	12	44	firms	firm	NOUN
abr-289	12	45	.	.	PUNCT
abr-289	13	1	this	this	DET
abr-289	13	2	study	study	NOUN
abr-289	13	3	examines	examine	VERB
abr-289	13	4	the	the	DET
abr-289	13	5	financial	financial	ADJ
abr-289	13	6	characteristics	characteristic	NOUN
abr-289	13	7	of	of	ADP
abr-289	13	8	that	that	DET
abr-289	13	9	group	group	NOUN
abr-289	13	10	of	of	ADP
abr-289	13	11	firms	firm	NOUN
abr-289	13	12	that	that	PRON
abr-289	13	13	have	have	AUX
abr-289	13	14	been	be	AUX
abr-289	13	15	identified	identify	VERB
abr-289	13	16	by	by	ADP
abr-289	13	17	value	value	NOUN
abr-289	13	18	line	line	NOUN
abr-289	13	19	as	as	ADP
abr-289	13	20	having	have	VERB
abr-289	13	21	the	the	DET
abr-289	13	22	highest	high	ADJ
abr-289	13	23	technical	technical	ADJ
abr-289	13	24	ratings	rating	NOUN
abr-289	13	25	in	in	ADP
abr-289	13	26	their	their	PRON
abr-289	13	27	database	database	NOUN
abr-289	13	28	during	during	ADP
abr-289	13	29	the	the	DET
abr-289	13	30	four	four	NUM
abr-289	13	31	years	year	NOUN
abr-289	13	32	preceding	precede	VERB
abr-289	13	33	this	this	DET
abr-289	13	34	study	study	NOUN
abr-289	13	35	.	.	PUNCT
abr-289	14	1	those	those	DET
abr-289	14	2	four	four	NUM
abr-289	14	3	years	year	NOUN
abr-289	14	4	have	have	AUX
abr-289	14	5	been	be	AUX
abr-289	14	6	characterized	characterize	VERB
abr-289	14	7	by	by	ADP
abr-289	14	8	economic	economic	ADJ
abr-289	14	9	growth	growth	NOUN
abr-289	14	10	,	,	PUNCT
abr-289	14	11	low	low	ADJ
abr-289	14	12	unemployment	unemployment	NOUN
abr-289	14	13	,	,	PUNCT
abr-289	14	14	and	and	CCONJ
abr-289	14	15	record	record	NOUN
abr-289	14	16	-	-	PUNCT
abr-289	14	17	high	high	ADJ
abr-289	14	18	equity	equity	NOUN
abr-289	14	19	markets	market	NOUN
abr-289	14	20	.	.	PUNCT
abr-289	15	1	regardless	regardless	ADV
abr-289	15	2	of	of	ADP
abr-289	15	3	the	the	DET
abr-289	15	4	consistently	consistently	ADV
abr-289	15	5	high	high	ADJ
abr-289	15	6	level	level	NOUN
abr-289	15	7	of	of	ADP
abr-289	15	8	interest	interest	NOUN
abr-289	15	9	and	and	CCONJ
abr-289	15	10	apparent	apparent	ADJ
abr-289	15	11	advantages	advantage	NOUN
abr-289	15	12	of	of	ADP
abr-289	15	13	using	use	VERB
abr-289	15	14	the	the	DET
abr-289	15	15	value	value	NOUN
abr-289	15	16	line	line	NOUN
abr-289	15	17	technical	technical	ADJ
abr-289	15	18	ranking	ranking	NOUN
abr-289	15	19	to	to	PART
abr-289	15	20	evaluate	evaluate	VERB
abr-289	15	21	investments	investment	NOUN
abr-289	15	22	and	and	CCONJ
abr-289	15	23	the	the	DET
abr-289	15	24	intrinsic	intrinsic	ADJ
abr-289	15	25	value	value	NOUN
abr-289	15	26	of	of	ADP
abr-289	15	27	firms	firm	NOUN
abr-289	15	28	in	in	ADP
abr-289	15	29	such	such	DET
abr-289	15	30	an	an	DET
abr-289	15	31	economic	economic	ADJ
abr-289	15	32	background	background	NOUN
abr-289	15	33	,	,	PUNCT
abr-289	15	34	there	there	PRON
abr-289	15	35	have	have	AUX
abr-289	15	36	been	be	AUX
abr-289	15	37	no	no	DET
abr-289	15	38	studies	study	NOUN
abr-289	15	39	that	that	PRON
abr-289	15	40	have	have	AUX
abr-289	15	41	determined	determine	VERB
abr-289	15	42	or	or	CCONJ
abr-289	15	43	established	establish	VERB
abr-289	15	44	an	an	DET
abr-289	15	45	association	association	NOUN
abr-289	15	46	between	between	ADP
abr-289	15	47	traditional	traditional	ADJ
abr-289	15	48	financial	financial	ADJ
abr-289	15	49	measures	measure	NOUN
abr-289	15	50	of	of	ADP
abr-289	15	51	risk	risk	NOUN
abr-289	15	52	and	and	CCONJ
abr-289	15	53	return	return	NOUN
abr-289	15	54	(	(	PUNCT
abr-289	15	55	microeconomic	microeconomic	ADJ
abr-289	15	56	measures	measure	NOUN
abr-289	15	57	)	)	PUNCT
abr-289	15	58	and	and	CCONJ
abr-289	15	59	the	the	DET
abr-289	15	60	value	value	NOUN
abr-289	15	61	line	line	NOUN
abr-289	15	62	technical	technical	ADJ
abr-289	15	63	ratings	rating	NOUN
abr-289	15	64	in	in	ADP
abr-289	15	65	that	that	DET
abr-289	15	66	economic	economic	ADJ
abr-289	15	67	environment	environment	NOUN
abr-289	15	68	.	.	PUNCT
abr-289	16	1	the	the	DET
abr-289	16	2	purpose	purpose	NOUN
abr-289	16	3	of	of	ADP
abr-289	16	4	this	this	DET
abr-289	16	5	study	study	NOUN
abr-289	16	6	is	be	AUX
abr-289	16	7	to	to	PART
abr-289	16	8	establish	establish	VERB
abr-289	16	9	a	a	DET
abr-289	16	10	financial	financial	ADJ
abr-289	16	11	profile	profile	NOUN
abr-289	16	12	of	of	ADP
abr-289	16	13	those	those	DET
abr-289	16	14	firms	firm	NOUN
abr-289	16	15	with	with	ADP
abr-289	16	16	the	the	DET
abr-289	16	17	highest	high	ADJ
abr-289	16	18	value	value	NOUN
abr-289	16	19	line	line	NOUN
abr-289	16	20	technical	technical	ADJ
abr-289	16	21	ratings	rating	NOUN
abr-289	16	22	in	in	ADP
abr-289	16	23	a	a	DET
abr-289	16	24	growing	grow	VERB
abr-289	16	25	economic	economic	ADJ
abr-289	16	26	environment	environment	NOUN
abr-289	16	27	and	and	CCONJ
abr-289	16	28	to	to	PART
abr-289	16	29	compare	compare	VERB
abr-289	16	30	those	those	DET
abr-289	16	31	firms	firm	NOUN
abr-289	16	32	with	with	ADP
abr-289	16	33	firms	firm	NOUN
abr-289	16	34	chosen	choose	VERB
abr-289	16	35	at	at	ADP
abr-289	16	36	random	random	ADJ
abr-289	16	37	,	,	PUNCT
abr-289	16	38	but	but	CCONJ
abr-289	16	39	from	from	ADP
abr-289	16	40	the	the	DET
abr-289	16	41	same	same	ADJ
abr-289	16	42	industries	industry	NOUN
abr-289	16	43	as	as	ADP
abr-289	16	44	the	the	DET
abr-289	16	45	first	first	ADJ
abr-289	16	46	group	group	NOUN
abr-289	16	47	to	to	PART
abr-289	16	48	determine	determine	VERB
abr-289	16	49	whether	whether	SCONJ
abr-289	16	50	the	the	DET
abr-289	16	51	firms	firm	NOUN
abr-289	16	52	with	with	ADP
abr-289	16	53	the	the	DET
abr-289	16	54	high	high	ADJ
abr-289	16	55	technical	technical	ADJ
abr-289	16	56	ratings	rating	NOUN
abr-289	16	57	have	have	VERB
abr-289	16	58	a	a	DET
abr-289	16	59	unique	unique	ADJ
abr-289	16	60	risk	risk	NOUN
abr-289	16	61	-	-	PUNCT
abr-289	16	62	return	return	NOUN
abr-289	16	63	profile	profile	NOUN
abr-289	16	64	.	.	PUNCT
abr-289	17	1	this	this	DET
abr-289	17	2	manuscript	manuscript	NOUN
abr-289	17	3	contributes	contribute	VERB
abr-289	17	4	to	to	ADP
abr-289	17	5	the	the	DET
abr-289	17	6	existing	exist	VERB
abr-289	17	7	literature	literature	NOUN
abr-289	17	8	by	by	ADP
abr-289	17	9	empirically	empirically	ADV
abr-289	17	10	testing	test	VERB
abr-289	17	11	a	a	DET
abr-289	17	12	classification	classification	NOUN
abr-289	17	13	model	model	NOUN
abr-289	17	14	that	that	PRON
abr-289	17	15	could	could	AUX
abr-289	17	16	allow	allow	VERB
abr-289	17	17	the	the	DET
abr-289	17	18	identification	identification	NOUN
abr-289	17	19	of	of	ADP
abr-289	17	20	firms	firm	NOUN
abr-289	17	21	likely	likely	ADJ
abr-289	17	22	to	to	PART
abr-289	17	23	obtain	obtain	VERB
abr-289	17	24	high	high	ADJ
abr-289	17	25	technical	technical	ADJ
abr-289	17	26	ratings	rating	NOUN
abr-289	17	27	in	in	ADP
abr-289	17	28	future	future	ADJ
abr-289	17	29	periods	period	NOUN
abr-289	17	30	of	of	ADP
abr-289	17	31	high	high	ADJ
abr-289	17	32	economic	economic	ADJ
abr-289	17	33	growth	growth	NOUN
abr-289	17	34	.	.	PUNCT
abr-289	18	1	these	these	DET
abr-289	18	2	findings	finding	NOUN
abr-289	18	3	would	would	AUX
abr-289	18	4	have	have	VERB
abr-289	18	5	important	important	ADJ
abr-289	18	6	practical	practical	ADJ
abr-289	18	7	implications	implication	NOUN
abr-289	18	8	for	for	ADP
abr-289	18	9	financial	financial	ADJ
abr-289	18	10	managers	manager	NOUN
abr-289	18	11	,	,	PUNCT
abr-289	18	12	investors	investor	NOUN
abr-289	18	13	,	,	PUNCT
abr-289	18	14	investment	investment	NOUN
abr-289	18	15	counselors	counselor	NOUN
abr-289	18	16	,	,	PUNCT
abr-289	18	17	and	and	CCONJ
abr-289	18	18	academic	academic	ADJ
abr-289	18	19	researchers	researcher	NOUN
abr-289	18	20	.	.	PUNCT
abr-289	19	1	literature	literature	NOUN
abr-289	19	2	review	review	VERB
abr-289	19	3	empirical	empirical	ADJ
abr-289	19	4	evidence	evidence	NOUN
abr-289	19	5	over	over	ADP
abr-289	19	6	time	time	NOUN
abr-289	19	7	indicates	indicate	VERB
abr-289	19	8	that	that	SCONJ
abr-289	19	9	the	the	DET
abr-289	19	10	relative	relative	ADJ
abr-289	19	11	accuracy	accuracy	NOUN
abr-289	19	12	of	of	ADP
abr-289	19	13	the	the	DET
abr-289	19	14	value	value	NOUN
abr-289	19	15	line	line	NOUN
abr-289	19	16	technical	technical	ADJ
abr-289	19	17	ranking	ranking	NOUN
abr-289	19	18	system	system	NOUN
abr-289	19	19	has	have	AUX
abr-289	19	20	been	be	AUX
abr-289	19	21	outstanding	outstanding	ADJ
abr-289	19	22	.	.	PUNCT
abr-289	20	1	as	as	SCONJ
abr-289	20	2	stated	state	VERB
abr-289	20	3	,	,	PUNCT
abr-289	20	4	their	their	PRON
abr-289	20	5	top	top	ADV
abr-289	20	6	-	-	PUNCT
abr-289	20	7	ranked	rank	VERB
abr-289	20	8	stocks	stock	NOUN
abr-289	20	9	using	use	VERB
abr-289	20	10	technical	technical	ADJ
abr-289	20	11	ratings	rating	NOUN
abr-289	20	12	outperformed	outperform	VERB
abr-289	20	13	the	the	DET
abr-289	20	14	dow	dow	PROPN
abr-289	20	15	jones	jones	PROPN
abr-289	20	16	wilshire	wilshire	PROPN
abr-289	20	17	5000	5000	NUM
abr-289	20	18	’s	’s	PART
abr-289	20	19	total	total	ADJ
abr-289	20	20	-	-	PUNCT
abr-289	20	21	return	return	NOUN
abr-289	20	22	index	index	NOUN
abr-289	20	23	by	by	ADP
abr-289	20	24	an	an	DET
abr-289	20	25	average	average	NOUN
abr-289	20	26	of	of	ADP
abr-289	20	27	2.6	2.6	NUM
abr-289	20	28	percentage	percentage	NOUN
abr-289	20	29	points	point	NOUN
abr-289	20	30	a	a	DET
abr-289	20	31	year	year	NOUN
abr-289	20	32	over	over	ADP
abr-289	20	33	nearly	nearly	ADV
abr-289	20	34	three	three	NUM
abr-289	20	35	decades	decade	NOUN
abr-289	20	36	(	(	PUNCT
abr-289	20	37	hulbert	hulbert	NOUN
abr-289	20	38	,	,	PUNCT
abr-289	20	39	2007	2007	NUM
abr-289	20	40	)	)	PUNCT
abr-289	20	41	.	.	PUNCT
abr-289	21	1	the	the	DET
abr-289	21	2	widespread	widespread	ADJ
abr-289	21	3	use	use	NOUN
abr-289	21	4	of	of	ADP
abr-289	21	5	the	the	DET
abr-289	21	6	technical	technical	ADJ
abr-289	21	7	ratings	rating	NOUN
abr-289	21	8	is	be	AUX
abr-289	21	9	,	,	PUNCT
abr-289	21	10	however	however	ADV
abr-289	21	11	,	,	PUNCT
abr-289	21	12	contrary	contrary	ADV
abr-289	21	13	to	to	ADP
abr-289	21	14	the	the	DET
abr-289	21	15	logic	logic	NOUN
abr-289	21	16	contained	contain	VERB
abr-289	21	17	in	in	ADP
abr-289	21	18	all	all	DET
abr-289	21	19	forms	form	NOUN
abr-289	21	20	of	of	ADP
abr-289	21	21	the	the	DET
abr-289	21	22	efficient	efficient	ADJ
abr-289	21	23	market	market	NOUN
abr-289	21	24	hypothesis	hypothesis	NOUN
abr-289	21	25	(	(	PUNCT
abr-289	21	26	emh	emh	PROPN
abr-289	21	27	)	)	PUNCT
abr-289	21	28	.	.	PUNCT
abr-289	22	1	thus	thus	ADV
abr-289	22	2	,	,	PUNCT
abr-289	22	3	that	that	DET
abr-289	22	4	extraordinary	extraordinary	ADJ
abr-289	22	5	performance	performance	NOUN
abr-289	22	6	in	in	ADP
abr-289	22	7	an	an	DET
abr-289	22	8	efficient	efficient	ADJ
abr-289	22	9	market	market	NOUN
abr-289	22	10	has	have	AUX
abr-289	22	11	led	lead	VERB
abr-289	22	12	many	many	ADJ
abr-289	22	13	to	to	PART
abr-289	22	14	refer	refer	VERB
abr-289	22	15	to	to	ADP
abr-289	22	16	it	it	PRON
abr-289	22	17	as	as	ADP
abr-289	22	18	the	the	DET
abr-289	22	19	value	value	NOUN
abr-289	22	20	line	line	NOUN
abr-289	22	21	anomaly	anomaly	NOUN
abr-289	22	22	,	,	PUNCT
abr-289	22	23	or	or	CCONJ
abr-289	22	24	the	the	DET
abr-289	22	25	value	value	NOUN
abr-289	22	26	line	line	NOUN
abr-289	22	27	enigma	enigma	VERB
abr-289	22	28	.	.	PUNCT
abr-289	23	1	fischer	fischer	PROPN
abr-289	23	2	black	black	PROPN
abr-289	23	3	,	,	PUNCT
abr-289	23	4	one	one	NUM
abr-289	23	5	of	of	ADP
abr-289	23	6	the	the	DET
abr-289	23	7	fathers	father	NOUN
abr-289	23	8	of	of	ADP
abr-289	23	9	the	the	DET
abr-289	23	10	emh	emh	NOUN
abr-289	23	11	,	,	PUNCT
abr-289	23	12	once	once	ADV
abr-289	23	13	stated	state	VERB
abr-289	23	14	that	that	SCONJ
abr-289	23	15	value	value	NOUN
abr-289	23	16	line	line	NOUN
abr-289	23	17	’s	’s	PART
abr-289	23	18	results	result	NOUN
abr-289	23	19	were	be	AUX
abr-289	23	20	the	the	DET
abr-289	23	21	big	big	ADJ
abr-289	23	22	exception	exception	NOUN
abr-289	23	23	to	to	ADP
abr-289	23	24	the	the	DET
abr-289	23	25	emh	emh	PROPN
abr-289	23	26	(	(	PUNCT
abr-289	23	27	swedroe	swedroe	PROPN
abr-289	23	28	,	,	PUNCT
abr-289	23	29	2010	2010	NUM
abr-289	23	30	)	)	PUNCT
abr-289	23	31	.	.	PUNCT
abr-289	24	1	the	the	DET
abr-289	24	2	use	use	NOUN
abr-289	24	3	of	of	ADP
abr-289	24	4	all	all	DET
abr-289	24	5	value	value	NOUN
abr-289	24	6	line	line	NOUN
abr-289	24	7	data	datum	NOUN
abr-289	24	8	in	in	ADP
abr-289	24	9	investor	investor	NOUN
abr-289	24	10	decisions	decision	NOUN
abr-289	24	11	has	have	AUX
abr-289	24	12	grown	grow	VERB
abr-289	24	13	steadily	steadily	ADV
abr-289	24	14	and	and	CCONJ
abr-289	24	15	continues	continue	VERB
abr-289	24	16	to	to	PART
abr-289	24	17	grow	grow	VERB
abr-289	24	18	steadily	steadily	ADV
abr-289	24	19	in	in	ADP
abr-289	24	20	popularity	popularity	NOUN
abr-289	24	21	since	since	SCONJ
abr-289	24	22	its	its	PRON
abr-289	24	23	inception	inception	NOUN
abr-289	24	24	in	in	ADP
abr-289	24	25	1965	1965	NUM
abr-289	24	26	(	(	PUNCT
abr-289	24	27	reynolds	reynold	NOUN
abr-289	24	28	,	,	PUNCT
abr-289	24	29	2019	2019	NUM
abr-289	24	30	)	)	PUNCT
abr-289	24	31	.	.	PUNCT
abr-289	25	1	huang	huang	PROPN
abr-289	25	2	(	(	PUNCT
abr-289	25	3	2017	2017	NUM
abr-289	25	4	)	)	PUNCT
abr-289	25	5	polled	poll	VERB
abr-289	25	6	advisers	adviser	NOUN
abr-289	25	7	,	,	PUNCT
abr-289	25	8	professional	professional	ADJ
abr-289	25	9	stockbrokers	stockbroker	NOUN
abr-289	25	10	,	,	PUNCT
abr-289	25	11	and	and	CCONJ
abr-289	25	12	bond	bond	NOUN
abr-289	25	13	specialists	specialist	NOUN
abr-289	25	14	to	to	PART
abr-289	25	15	find	find	VERB
abr-289	25	16	the	the	DET
abr-289	25	17	best	good	ADJ
abr-289	25	18	investing	investing	NOUN
abr-289	25	19	tools	tool	NOUN
abr-289	25	20	,	,	PUNCT
abr-289	25	21	newsletters	newsletter	NOUN
abr-289	25	22	,	,	PUNCT
abr-289	25	23	websites	website	NOUN
abr-289	25	24	,	,	PUNCT
abr-289	25	25	and	and	CCONJ
abr-289	25	26	journals	journal	NOUN
abr-289	25	27	for	for	ADP
abr-289	25	28	potential	potential	ADJ
abr-289	25	29	investors	investor	NOUN
abr-289	25	30	.	.	PUNCT
abr-289	26	1	the	the	DET
abr-289	26	2	study	study	NOUN
abr-289	26	3	concluded	conclude	VERB
abr-289	26	4	that	that	SCONJ
abr-289	26	5	value	value	NOUN
abr-289	26	6	line	line	NOUN
abr-289	26	7	is	be	AUX
abr-289	26	8	the	the	DET
abr-289	26	9	most	most	ADV
abr-289	26	10	reliable	reliable	ADJ
abr-289	26	11	source	source	NOUN
abr-289	26	12	of	of	ADP
abr-289	26	13	stock	stock	NOUN
abr-289	26	14	investment	investment	NOUN
abr-289	26	15	research	research	NOUN
abr-289	26	16	,	,	PUNCT
abr-289	26	17	with	with	ADP
abr-289	26	18	a	a	DET
abr-289	26	19	history	history	NOUN
abr-289	26	20	going	go	VERB
abr-289	26	21	back	back	ADV
abr-289	26	22	to	to	ADP
abr-289	26	23	1931	1931	NUM
abr-289	26	24	,	,	PUNCT
abr-289	26	25	and	and	CCONJ
abr-289	26	26	that	that	SCONJ
abr-289	26	27	historically	historically	ADV
abr-289	26	28	,	,	PUNCT
abr-289	26	29	it	it	PRON
abr-289	26	30	has	have	AUX
abr-289	26	31	outperformed	outperform	VERB
abr-289	26	32	the	the	DET
abr-289	26	33	competition	competition	NOUN
abr-289	26	34	when	when	SCONJ
abr-289	26	35	it	it	PRON
abr-289	26	36	comes	come	VERB
abr-289	26	37	to	to	ADP
abr-289	26	38	risk	risk	NOUN
abr-289	26	39	-	-	PUNCT
abr-289	26	40	adjusted	adjust	VERB
abr-289	26	41	-	-	PUNCT
abr-289	26	42	performance	performance	NOUN
abr-289	26	43	.	.	PUNCT
abr-289	27	1	there	there	PRON
abr-289	27	2	are	be	VERB
abr-289	27	3	,	,	PUNCT
abr-289	27	4	however	however	ADV
abr-289	27	5	,	,	PUNCT
abr-289	27	6	other	other	ADJ
abr-289	27	7	views	view	NOUN
abr-289	27	8	.	.	PUNCT
abr-289	28	1	damodaran	damodaran	VERB
abr-289	28	2	(	(	PUNCT
abr-289	28	3	2014	2014	NUM
abr-289	28	4	)	)	PUNCT
abr-289	28	5	suggested	suggest	VERB
abr-289	28	6	that	that	SCONJ
abr-289	28	7	technical	technical	ADJ
abr-289	28	8	analysis	analysis	NOUN
abr-289	28	9	should	should	AUX
abr-289	28	10	not	not	PART
abr-289	28	11	be	be	AUX
abr-289	28	12	used	use	VERB
abr-289	28	13	in	in	ADP
abr-289	28	14	isolation	isolation	NOUN
abr-289	28	15	,	,	PUNCT
abr-289	28	16	but	but	CCONJ
abr-289	28	17	in	in	ADP
abr-289	28	18	conjunction	conjunction	NOUN
abr-289	28	19	with	with	ADP
abr-289	28	20	risk	risk	NOUN
abr-289	28	21	analysis	analysis	NOUN
abr-289	28	22	and	and	CCONJ
abr-289	28	23	timing	time	VERB
abr-289	28	24	data	datum	NOUN
abr-289	28	25	.	.	PUNCT
abr-289	29	1	that	that	DET
abr-289	29	2	study	study	NOUN
abr-289	29	3	further	far	ADV
abr-289	29	4	stated	state	VERB
abr-289	29	5	that	that	SCONJ
abr-289	29	6	many	many	ADJ
abr-289	29	7	traders	trader	NOUN
abr-289	29	8	fail	fail	VERB
abr-289	29	9	to	to	PART
abr-289	29	10	incorporate	incorporate	VERB
abr-289	29	11	sound	sound	ADJ
abr-289	29	12	risk	risk	NOUN
abr-289	29	13	management	management	NOUN
abr-289	29	14	techniques	technique	NOUN
abr-289	29	15	into	into	ADP
abr-289	29	16	their	their	PRON
abr-289	29	17	trading	trading	NOUN
abr-289	29	18	systems	system	NOUN
abr-289	29	19	.	.	PUNCT
abr-289	30	1	moreover	moreover	ADV
abr-289	30	2	,	,	PUNCT
abr-289	30	3	many	many	ADJ
abr-289	30	4	traders	trader	NOUN
abr-289	30	5	fail	fail	VERB
abr-289	30	6	to	to	PART
abr-289	30	7	incorporate	incorporate	VERB
abr-289	30	8	stop	stop	VERB
abr-289	30	9	-	-	PUNCT
abr-289	30	10	loss	loss	NOUN
abr-289	30	11	orders	order	NOUN
abr-289	30	12	with	with	ADP
abr-289	30	13	their	their	PRON
abr-289	30	14	initial	initial	ADJ
abr-289	30	15	orders	order	NOUN
abr-289	30	16	when	when	SCONJ
abr-289	30	17	using	use	VERB
abr-289	30	18	technical	technical	ADJ
abr-289	30	19	analysis	analysis	NOUN
abr-289	30	20	indicators	indicator	NOUN
abr-289	30	21	only	only	ADV
abr-289	30	22	damodaran	damodaran	VERB
abr-289	30	23	(	(	PUNCT
abr-289	30	24	2014	2014	NUM
abr-289	30	25	)	)	PUNCT
abr-289	30	26	.	.	PUNCT
abr-289	31	1	the	the	DET
abr-289	31	2	concept	concept	NOUN
abr-289	31	3	of	of	ADP
abr-289	31	4	risk	risk	NOUN
abr-289	31	5	is	be	AUX
abr-289	31	6	not	not	PART
abr-289	31	7	often	often	ADV
abr-289	31	8	associated	associate	VERB
abr-289	31	9	with	with	ADP
abr-289	31	10	technical	technical	ADJ
abr-289	31	11	ratings	rating	NOUN
abr-289	31	12	.	.	PUNCT
abr-289	32	1	however	however	ADV
abr-289	32	2	,	,	PUNCT
abr-289	32	3	waggle	waggle	VERB
abr-289	32	4	et	et	PROPN
abr-289	32	5	al	al	PROPN
abr-289	32	6	.	.	PROPN
abr-289	32	7	,	,	PUNCT
abr-289	32	8	(	(	PUNCT
abr-289	32	9	2004	2004	NUM
abr-289	32	10	)	)	PUNCT
abr-289	32	11	found	find	VERB
abr-289	32	12	that	that	SCONJ
abr-289	32	13	investors	investor	NOUN
abr-289	32	14	selecting	select	VERB
abr-289	32	15	value	value	NOUN
abr-289	32	16	line	line	NOUN
abr-289	32	17	’s	’s	PART
abr-289	32	18	most	most	ADV
abr-289	32	19	highly	highly	ADV
abr-289	32	20	rated	rate	VERB
abr-289	32	21	stocks	stock	NOUN
abr-289	32	22	based	base	VERB
abr-289	32	23	on	on	ADP
abr-289	32	24	technical	technical	ADJ
abr-289	32	25	analysis	analysis	NOUN
abr-289	32	26	tend	tend	VERB
abr-289	32	27	to	to	PART
abr-289	32	28	take	take	VERB
abr-289	32	29	on	on	ADP
abr-289	32	30	relatively	relatively	ADV
abr-289	32	31	high	high	ADJ
abr-289	32	32	levels	level	NOUN
abr-289	32	33	of	of	ADP
abr-289	32	34	market	market	NOUN
abr-289	32	35	risk	risk	NOUN
abr-289	32	36	,	,	PUNCT
abr-289	32	37	as	as	SCONJ
abr-289	32	38	measured	measure	VERB
abr-289	32	39	by	by	ADP
abr-289	32	40	beta	beta	NOUN
abr-289	32	41	.	.	PUNCT
abr-289	33	1	the	the	DET
abr-289	33	2	authors	author	NOUN
abr-289	33	3	concluded	conclude	VERB
abr-289	33	4	that	that	SCONJ
abr-289	33	5	individuals	individual	NOUN
abr-289	33	6	should	should	AUX
abr-289	33	7	focus	focus	VERB
abr-289	33	8	on	on	ADP
abr-289	33	9	security	security	NOUN
abr-289	33	10	betas	beta	NOUN
abr-289	33	11	rather	rather	ADV
abr-289	33	12	than	than	ADP
abr-289	33	13	value	value	NOUN
abr-289	33	14	line	line	NOUN
abr-289	33	15	ranks	rank	VERB
abr-289	33	16	when	when	SCONJ
abr-289	33	17	making	make	VERB
abr-289	33	18	investment	investment	NOUN
abr-289	33	19	decisions	decision	NOUN
abr-289	33	20	.	.	PUNCT
abr-289	34	1	they	they	PRON
abr-289	34	2	further	far	ADV
abr-289	34	3	concluded	conclude	VERB
abr-289	34	4	that	that	SCONJ
abr-289	34	5	value	value	NOUN
abr-289	34	6	line	line	NOUN
abr-289	34	7	’s	’s	PART
abr-289	34	8	assignments	assignment	NOUN
abr-289	34	9	of	of	ADP
abr-289	34	10	technical	technical	ADJ
abr-289	34	11	ranks	rank	NOUN
abr-289	34	12	appear	appear	VERB
abr-289	34	13	biased	biased	ADJ
abr-289	34	14	toward	toward	ADP
abr-289	34	15	higher	high	ADJ
abr-289	34	16	-	-	PUNCT
abr-289	34	17	beta	beta	ADJ
abr-289	34	18	(	(	PUNCT
abr-289	34	19	higher	high	ADJ
abr-289	34	20	-	-	PUNCT
abr-289	34	21	risk	risk	NOUN
abr-289	34	22	)	)	PUNCT
abr-289	34	23	securities	security	NOUN
abr-289	34	24	.	.	PUNCT
abr-289	35	1	lorenzoni	lorenzoni	PROPN
abr-289	35	2	et	et	PROPN
abr-289	35	3	al	al	PROPN
abr-289	35	4	.	.	PROPN
abr-289	36	1	(	(	PUNCT
abr-289	36	2	2007	2007	NUM
abr-289	36	3	)	)	PUNCT
abr-289	36	4	found	find	VERB
abr-289	36	5	that	that	SCONJ
abr-289	36	6	traders	trader	NOUN
abr-289	36	7	have	have	VERB
abr-289	36	8	a	a	DET
abr-289	36	9	tendency	tendency	NOUN
abr-289	36	10	to	to	PART
abr-289	36	11	test	test	VERB
abr-289	36	12	their	their	PRON
abr-289	36	13	trading	trading	NOUN
abr-289	36	14	systems	system	NOUN
abr-289	36	15	and	and	CCONJ
abr-289	36	16	technical	technical	ADJ
abr-289	36	17	analysis	analysis	NOUN
abr-289	36	18	indicators	indicator	NOUN
abr-289	36	19	on	on	ADP
abr-289	36	20	an	an	DET
abr-289	36	21	insufficient	insufficient	ADJ
abr-289	36	22	amount	amount	NOUN
abr-289	36	23	of	of	ADP
abr-289	36	24	data	datum	NOUN
abr-289	36	25	and	and	CCONJ
abr-289	36	26	that	that	SCONJ
abr-289	36	27	analysts	analyst	NOUN
abr-289	36	28	need	need	VERB
abr-289	36	29	to	to	PART
abr-289	36	30	test	test	VERB
abr-289	36	31	trading	trading	NOUN
abr-289	36	32	systems	system	NOUN
abr-289	36	33	and	and	CCONJ
abr-289	36	34	technical	technical	ADJ
abr-289	36	35	analysis	analysis	NOUN
abr-289	36	36	indicators	indicator	NOUN
abr-289	36	37	on	on	ADP
abr-289	36	38	a	a	DET
abr-289	36	39	wide	wide	ADJ
abr-289	36	40	array	array	NOUN
abr-289	36	41	of	of	ADP
abr-289	36	42	data	datum	NOUN
abr-289	36	43	in	in	ADP
abr-289	36	44	different	different	ADJ
abr-289	36	45	types	type	NOUN
abr-289	36	46	of	of	ADP
abr-289	36	47	trading	trading	NOUN
abr-289	36	48	markets	market	NOUN
abr-289	36	49	.	.	PUNCT
abr-289	37	1	castater	castater	PROPN
abr-289	37	2	et	et	PROPN
abr-289	37	3	al	al	PROPN
abr-289	37	4	.	.	PROPN
abr-289	37	5	(	(	PUNCT
abr-289	37	6	2020	2020	NUM
abr-289	37	7	)	)	PUNCT
abr-289	37	8	found	find	VERB
abr-289	37	9	that	that	SCONJ
abr-289	37	10	technical	technical	ADJ
abr-289	37	11	ratings	rating	NOUN
abr-289	37	12	are	be	AUX
abr-289	37	13	very	very	ADV
abr-289	37	14	seldom	seldom	ADV
abr-289	37	15	used	use	VERB
abr-289	37	16	in	in	ADP
abr-289	37	17	isolation	isolation	NOUN
abr-289	37	18	to	to	PART
abr-289	37	19	evaluate	evaluate	VERB
abr-289	37	20	investments	investment	NOUN
abr-289	37	21	but	but	CCONJ
abr-289	37	22	are	be	AUX
abr-289	37	23	usually	usually	ADV
abr-289	37	24	used	use	VERB
abr-289	37	25	in	in	ADP
abr-289	37	26	conjunction	conjunction	NOUN
abr-289	37	27	with	with	ADP
abr-289	37	28	value	value	NOUN
abr-289	37	29	line	line	NOUN
abr-289	37	30	’s	’s	PART
abr-289	37	31	timeliness	timeliness	NOUN
abr-289	37	32	rating	rating	NOUN
abr-289	37	33	and	and	CCONJ
abr-289	37	34	that	that	SCONJ
abr-289	37	35	those	those	DET
abr-289	37	36	two	two	NUM
abr-289	37	37	ratings	rating	NOUN
abr-289	37	38	should	should	AUX
abr-289	37	39	always	always	ADV
abr-289	37	40	be	be	AUX
abr-289	37	41	consistent	consistent	ADJ
abr-289	37	42	.	.	PUNCT
abr-289	38	1	72	72	NUM
abr-289	38	2	lockwood	lockwood	PROPN
abr-289	38	3	et	et	PROPN
abr-289	38	4	al	al	PROPN
abr-289	38	5	.	.	PROPN
abr-289	38	6	(	(	PUNCT
abr-289	38	7	2016	2016	NUM
abr-289	38	8	)	)	PUNCT
abr-289	38	9	found	find	VERB
abr-289	38	10	that	that	SCONJ
abr-289	38	11	the	the	DET
abr-289	38	12	value	value	NOUN
abr-289	38	13	line	line	NOUN
abr-289	38	14	effect	effect	NOUN
abr-289	38	15	(	(	PUNCT
abr-289	38	16	i.e.	i.e.	X
abr-289	38	17	,	,	PUNCT
abr-289	38	18	high	high	ADJ
abr-289	38	19	success	success	NOUN
abr-289	38	20	of	of	ADP
abr-289	38	21	the	the	DET
abr-289	38	22	value	value	NOUN
abr-289	38	23	line	line	NOUN
abr-289	38	24	technical	technical	ADJ
abr-289	38	25	rankings	ranking	NOUN
abr-289	38	26	)	)	PUNCT
abr-289	38	27	is	be	AUX
abr-289	38	28	confined	confine	VERB
abr-289	38	29	to	to	ADP
abr-289	38	30	u.s	u.s	PROPN
abr-289	38	31	.	.	PROPN
abr-289	38	32	stocks	stock	NOUN
abr-289	38	33	.	.	PUNCT
abr-289	39	1	they	they	PRON
abr-289	39	2	concluded	conclude	VERB
abr-289	39	3	that	that	SCONJ
abr-289	39	4	u.s	u.s	PROPN
abr-289	39	5	.	.	PROPN
abr-289	39	6	listed	list	VERB
abr-289	39	7	stocks	stock	NOUN
abr-289	39	8	significantly	significantly	ADV
abr-289	39	9	outperform	outperform	VERB
abr-289	39	10	their	their	PRON
abr-289	39	11	benchmarks	benchmark	NOUN
abr-289	39	12	long	long	ADV
abr-289	39	13	after	after	ADP
abr-289	39	14	value	value	NOUN
abr-289	39	15	line	line	NOUN
abr-289	39	16	technical	technical	PROPN
abr-289	39	17	rank	rank	PROPN
abr-289	39	18	change	change	NOUN
abr-289	39	19	announcements	announcement	NOUN
abr-289	39	20	.	.	PUNCT
abr-289	40	1	in	in	ADP
abr-289	40	2	contrast	contrast	NOUN
abr-289	40	3	,	,	PUNCT
abr-289	40	4	they	they	PRON
abr-289	40	5	found	find	VERB
abr-289	40	6	no	no	DET
abr-289	40	7	evidence	evidence	NOUN
abr-289	40	8	of	of	ADP
abr-289	40	9	a	a	DET
abr-289	40	10	value	value	NOUN
abr-289	40	11	line	line	NOUN
abr-289	40	12	effect	effect	NOUN
abr-289	40	13	for	for	ADP
abr-289	40	14	recommendations	recommendation	NOUN
abr-289	40	15	made	make	VERB
abr-289	40	16	for	for	ADP
abr-289	40	17	foreign	foreign	ADJ
abr-289	40	18	stocks	stock	NOUN
abr-289	40	19	that	that	PRON
abr-289	40	20	list	list	VERB
abr-289	40	21	on	on	ADP
abr-289	40	22	u.s	u.s	PROPN
abr-289	40	23	.	.	PROPN
abr-289	40	24	exchanges	exchange	NOUN
abr-289	40	25	,	,	PUNCT
abr-289	40	26	nor	nor	CCONJ
abr-289	40	27	for	for	ADP
abr-289	40	28	those	those	PRON
abr-289	40	29	that	that	PRON
abr-289	40	30	list	list	VERB
abr-289	40	31	outside	outside	ADP
abr-289	40	32	the	the	DET
abr-289	40	33	u.s	u.s	PROPN
abr-289	40	34	.	.	PROPN
abr-289	40	35	further	far	ADV
abr-289	40	36	,	,	PUNCT
abr-289	40	37	their	their	PRON
abr-289	40	38	study	study	NOUN
abr-289	40	39	concluded	conclude	VERB
abr-289	40	40	that	that	SCONJ
abr-289	40	41	for	for	ADP
abr-289	40	42	days	day	NOUN
abr-289	40	43	surrounding	surround	VERB
abr-289	40	44	rank	rank	NOUN
abr-289	40	45	change	change	NOUN
abr-289	40	46	announcements	announcement	NOUN
abr-289	40	47	,	,	PUNCT
abr-289	40	48	trading	trading	NOUN
abr-289	40	49	volume	volume	NOUN
abr-289	40	50	is	be	AUX
abr-289	40	51	abnormally	abnormally	ADV
abr-289	40	52	high	high	ADJ
abr-289	40	53	for	for	ADP
abr-289	40	54	the	the	DET
abr-289	40	55	u.s	u.s	PROPN
abr-289	40	56	.	.	PROPN
abr-289	40	57	listed	list	VERB
abr-289	40	58	stocks	stock	NOUN
abr-289	40	59	but	but	CCONJ
abr-289	40	60	remains	remain	VERB
abr-289	40	61	unchanged	unchanged	ADJ
abr-289	40	62	for	for	ADP
abr-289	40	63	the	the	DET
abr-289	40	64	foreign	foreign	ADJ
abr-289	40	65	stock	stock	NOUN
abr-289	40	66	sample	sample	NOUN
abr-289	40	67	.	.	PUNCT
abr-289	41	1	whereas	whereas	SCONJ
abr-289	41	2	previous	previous	ADJ
abr-289	41	3	studies	study	NOUN
abr-289	41	4	ignore	ignore	VERB
abr-289	41	5	the	the	DET
abr-289	41	6	macroeconomic	macroeconomic	ADJ
abr-289	41	7	background	background	NOUN
abr-289	41	8	at	at	ADP
abr-289	41	9	the	the	DET
abr-289	41	10	time	time	NOUN
abr-289	41	11	company	company	NOUN
abr-289	41	12	rankings	ranking	NOUN
abr-289	41	13	are	be	AUX
abr-289	41	14	awarded	award	VERB
abr-289	41	15	,	,	PUNCT
abr-289	41	16	this	this	DET
abr-289	41	17	study	study	NOUN
abr-289	41	18	examines	examine	VERB
abr-289	41	19	those	those	DET
abr-289	41	20	rankings	ranking	NOUN
abr-289	41	21	and	and	CCONJ
abr-289	41	22	companies	company	NOUN
abr-289	41	23	receiving	receive	VERB
abr-289	41	24	those	those	DET
abr-289	41	25	rankings	ranking	NOUN
abr-289	41	26	for	for	ADP
abr-289	41	27	the	the	DET
abr-289	41	28	four	four	NUM
abr-289	41	29	years	year	NOUN
abr-289	41	30	preceding	precede	VERB
abr-289	41	31	the	the	DET
abr-289	41	32	2020	2020	NUM
abr-289	41	33	occurrence	occurrence	NOUN
abr-289	41	34	and	and	CCONJ
abr-289	41	35	resulting	result	VERB
abr-289	41	36	economic	economic	ADJ
abr-289	41	37	downturn	downturn	NOUN
abr-289	41	38	of	of	ADP
abr-289	41	39	the	the	DET
abr-289	41	40	coronavirus19	coronavirus19	NOUN
abr-289	41	41	pandemic	pandemic	ADJ
abr-289	41	42	.	.	PUNCT
abr-289	42	1	that	that	DET
abr-289	42	2	period	period	NOUN
abr-289	42	3	has	have	AUX
abr-289	42	4	been	be	AUX
abr-289	42	5	characterized	characterize	VERB
abr-289	42	6	by	by	ADP
abr-289	42	7	steady	steady	ADJ
abr-289	42	8	to	to	ADP
abr-289	42	9	high	high	ADJ
abr-289	42	10	economic	economic	ADJ
abr-289	42	11	growth	growth	NOUN
abr-289	42	12	,	,	PUNCT
abr-289	42	13	record	record	NOUN
abr-289	42	14	low	low	ADJ
abr-289	42	15	unemployment	unemployment	NOUN
abr-289	42	16	,	,	PUNCT
abr-289	42	17	stable	stable	ADJ
abr-289	42	18	prices	price	NOUN
abr-289	42	19	,	,	PUNCT
abr-289	42	20	and	and	CCONJ
abr-289	42	21	record	record	NOUN
abr-289	42	22	-	-	PUNCT
abr-289	42	23	high	high	ADJ
abr-289	42	24	equity	equity	NOUN
abr-289	42	25	markets	market	NOUN
abr-289	42	26	.	.	PUNCT
abr-289	43	1	thus	thus	ADV
abr-289	43	2	,	,	PUNCT
abr-289	43	3	conclusions	conclusion	NOUN
abr-289	43	4	reached	reach	VERB
abr-289	43	5	in	in	ADP
abr-289	43	6	this	this	DET
abr-289	43	7	study	study	NOUN
abr-289	43	8	apply	apply	VERB
abr-289	43	9	to	to	ADP
abr-289	43	10	these	these	DET
abr-289	43	11	specific	specific	ADJ
abr-289	43	12	market	market	NOUN
abr-289	43	13	conditions	condition	NOUN
abr-289	43	14	and	and	CCONJ
abr-289	43	15	should	should	AUX
abr-289	43	16	not	not	PART
abr-289	43	17	be	be	AUX
abr-289	43	18	extrapolated	extrapolate	VERB
abr-289	43	19	to	to	ADP
abr-289	43	20	declining	decline	VERB
abr-289	43	21	or	or	CCONJ
abr-289	43	22	stagnant	stagnant	ADJ
abr-289	43	23	markets	market	NOUN
abr-289	43	24	.	.	PUNCT
abr-289	44	1	moreover	moreover	ADV
abr-289	44	2	,	,	PUNCT
abr-289	44	3	the	the	DET
abr-289	44	4	fundamental	fundamental	ADJ
abr-289	44	5	risk	risk	NOUN
abr-289	44	6	-	-	PUNCT
abr-289	44	7	return	return	NOUN
abr-289	44	8	characteristics	characteristic	NOUN
abr-289	44	9	of	of	ADP
abr-289	44	10	the	the	DET
abr-289	44	11	highly	highly	ADV
abr-289	44	12	-	-	PUNCT
abr-289	44	13	rated	rate	VERB
abr-289	44	14	firms	firm	NOUN
abr-289	44	15	at	at	ADP
abr-289	44	16	the	the	DET
abr-289	44	17	time	time	NOUN
abr-289	44	18	those	those	DET
abr-289	44	19	ratings	rating	NOUN
abr-289	44	20	are	be	AUX
abr-289	44	21	awarded	award	VERB
abr-289	44	22	have	have	AUX
abr-289	44	23	received	receive	VERB
abr-289	44	24	little	little	ADJ
abr-289	44	25	attention	attention	NOUN
abr-289	44	26	in	in	ADP
abr-289	44	27	the	the	DET
abr-289	44	28	literature	literature	NOUN
abr-289	44	29	.	.	PUNCT
abr-289	45	1	as	as	ADP
abr-289	45	2	a	a	DET
abr-289	45	3	result	result	NOUN
abr-289	45	4	,	,	PUNCT
abr-289	45	5	this	this	DET
abr-289	45	6	study	study	NOUN
abr-289	45	7	adds	add	VERB
abr-289	45	8	to	to	ADP
abr-289	45	9	the	the	DET
abr-289	45	10	existing	exist	VERB
abr-289	45	11	body	body	NOUN
abr-289	45	12	of	of	ADP
abr-289	45	13	knowledge	knowledge	NOUN
abr-289	45	14	of	of	ADP
abr-289	45	15	value	value	NOUN
abr-289	45	16	line	line	NOUN
abr-289	45	17	’s	’s	PART
abr-289	45	18	technical	technical	ADJ
abr-289	45	19	ratings	rating	NOUN
abr-289	45	20	and	and	CCONJ
abr-289	45	21	to	to	ADP
abr-289	45	22	the	the	DET
abr-289	45	23	extent	extent	NOUN
abr-289	45	24	that	that	SCONJ
abr-289	45	25	the	the	DET
abr-289	45	26	value	value	NOUN
abr-289	45	27	line	line	NOUN
abr-289	45	28	ratings	rating	NOUN
abr-289	45	29	are	be	AUX
abr-289	45	30	consistent	consistent	ADJ
abr-289	45	31	with	with	ADP
abr-289	45	32	other	other	ADJ
abr-289	45	33	financial	financial	ADJ
abr-289	45	34	services	service	NOUN
abr-289	45	35	,	,	PUNCT
abr-289	45	36	then	then	ADV
abr-289	45	37	by	by	ADP
abr-289	45	38	extension	extension	NOUN
abr-289	45	39	to	to	ADP
abr-289	45	40	all	all	DET
abr-289	45	41	technical	technical	ADJ
abr-289	45	42	ratings	rating	NOUN
abr-289	45	43	.	.	PUNCT
abr-289	46	1	financial	financial	ADJ
abr-289	46	2	data	datum	NOUN
abr-289	46	3	collected	collect	VERB
abr-289	46	4	and	and	CCONJ
abr-289	46	5	managerial	managerial	ADJ
abr-289	46	6	behavior	behavior	NOUN
abr-289	46	7	regarding	regard	VERB
abr-289	46	8	financial	financial	ADJ
abr-289	46	9	positions	position	NOUN
abr-289	46	10	observed	observe	VERB
abr-289	46	11	during	during	ADP
abr-289	46	12	this	this	DET
abr-289	46	13	period	period	NOUN
abr-289	46	14	are	be	AUX
abr-289	46	15	empirical	empirical	ADJ
abr-289	46	16	evidence	evidence	NOUN
abr-289	46	17	of	of	ADP
abr-289	46	18	the	the	DET
abr-289	46	19	financial	financial	ADJ
abr-289	46	20	characteristics	characteristic	NOUN
abr-289	46	21	of	of	ADP
abr-289	46	22	firms	firm	NOUN
abr-289	46	23	and	and	CCONJ
abr-289	46	24	managerial	managerial	ADJ
abr-289	46	25	behavior	behavior	NOUN
abr-289	46	26	during	during	ADP
abr-289	46	27	such	such	DET
abr-289	46	28	an	an	DET
abr-289	46	29	economic	economic	ADJ
abr-289	46	30	environment	environment	NOUN
abr-289	46	31	.	.	PUNCT
abr-289	47	1	thus	thus	ADV
abr-289	47	2	,	,	PUNCT
abr-289	47	3	the	the	DET
abr-289	47	4	period	period	NOUN
abr-289	47	5	march	march	PROPN
abr-289	47	6	2016	2016	NUM
abr-289	47	7	to	to	ADP
abr-289	47	8	march	march	PROPN
abr-289	47	9	2019	2019	NUM
abr-289	47	10	provides	provide	VERB
abr-289	47	11	a	a	DET
abr-289	47	12	workshop	workshop	NOUN
abr-289	47	13	for	for	ADP
abr-289	47	14	the	the	DET
abr-289	47	15	study	study	NOUN
abr-289	47	16	of	of	ADP
abr-289	47	17	value	value	NOUN
abr-289	47	18	line	line	NOUN
abr-289	47	19	’s	’s	PART
abr-289	47	20	technical	technical	ADJ
abr-289	47	21	rankings	ranking	NOUN
abr-289	47	22	,	,	PUNCT
abr-289	47	23	and	and	CCONJ
abr-289	47	24	the	the	DET
abr-289	47	25	financial	financial	ADJ
abr-289	47	26	characteristics	characteristic	NOUN
abr-289	47	27	of	of	ADP
abr-289	47	28	those	those	DET
abr-289	47	29	firms	firm	NOUN
abr-289	47	30	ranked	rank	VERB
abr-289	47	31	highest	high	ADJ
abr-289	47	32	in	in	ADP
abr-289	47	33	a	a	DET
abr-289	47	34	period	period	NOUN
abr-289	47	35	of	of	ADP
abr-289	47	36	unusual	unusual	ADJ
abr-289	47	37	economic	economic	ADJ
abr-289	47	38	growth	growth	NOUN
abr-289	47	39	.	.	PUNCT
abr-289	48	1	methodology	methodology	NOUN
abr-289	48	2	our	our	PRON
abr-289	48	3	approach	approach	NOUN
abr-289	48	4	to	to	ADP
abr-289	48	5	studying	study	VERB
abr-289	48	6	the	the	DET
abr-289	48	7	financial	financial	ADJ
abr-289	48	8	profile	profile	NOUN
abr-289	48	9	of	of	ADP
abr-289	48	10	firms	firm	NOUN
abr-289	48	11	with	with	ADP
abr-289	48	12	high	high	ADJ
abr-289	48	13	technical	technical	ADJ
abr-289	48	14	ratings	rating	NOUN
abr-289	48	15	is	be	AUX
abr-289	48	16	two	two	NUM
abr-289	48	17	-	-	NOUN
abr-289	48	18	fold	fold	ADJ
abr-289	48	19	:	:	PUNCT
abr-289	48	20	1	1	X
abr-289	48	21	)	)	PUNCT
abr-289	48	22	we	we	PRON
abr-289	48	23	develop	develop	VERB
abr-289	48	24	a	a	DET
abr-289	48	25	classification	classification	NOUN
abr-289	48	26	model	model	NOUN
abr-289	48	27	,	,	PUNCT
abr-289	48	28	and	and	CCONJ
abr-289	48	29	2	2	X
abr-289	48	30	)	)	PUNCT
abr-289	48	31	we	we	PRON
abr-289	48	32	evaluate	evaluate	VERB
abr-289	48	33	the	the	DET
abr-289	48	34	accuracy	accuracy	NOUN
abr-289	48	35	of	of	ADP
abr-289	48	36	our	our	PRON
abr-289	48	37	model	model	NOUN
abr-289	48	38	’s	’s	PART
abr-289	48	39	predictions	prediction	NOUN
abr-289	48	40	.	.	PUNCT
abr-289	49	1	more	more	ADV
abr-289	49	2	specifically	specifically	ADV
abr-289	49	3	,	,	PUNCT
abr-289	49	4	can	can	AUX
abr-289	49	5	firms	firm	NOUN
abr-289	49	6	be	be	AUX
abr-289	49	7	assigned	assign	VERB
abr-289	49	8	,	,	PUNCT
abr-289	49	9	based	base	VERB
abr-289	49	10	on	on	ADP
abr-289	49	11	selected	select	VERB
abr-289	49	12	financial	financial	ADJ
abr-289	49	13	variables	variable	NOUN
abr-289	49	14	,	,	PUNCT
abr-289	49	15	to	to	ADP
abr-289	49	16	one	one	NUM
abr-289	49	17	of	of	ADP
abr-289	49	18	two	two	NUM
abr-289	49	19	groups	group	NOUN
abr-289	49	20	:	:	PUNCT
abr-289	49	21	(	(	PUNCT
abr-289	49	22	1	1	X
abr-289	49	23	)	)	PUNCT
abr-289	49	24	firms	firm	NOUN
abr-289	49	25	that	that	PRON
abr-289	49	26	were	be	AUX
abr-289	49	27	identified	identify	VERB
abr-289	49	28	as	as	ADP
abr-289	49	29	having	have	VERB
abr-289	49	30	the	the	DET
abr-289	49	31	highest	high	ADJ
abr-289	49	32	ratings	rating	NOUN
abr-289	49	33	for	for	ADP
abr-289	49	34	technical	technical	ADJ
abr-289	49	35	analysis	analysis	NOUN
abr-289	49	36	in	in	ADP
abr-289	49	37	their	their	PRON
abr-289	49	38	database	database	NOUN
abr-289	49	39	and	and	CCONJ
abr-289	49	40	simply	simply	ADV
abr-289	49	41	referred	refer	VERB
abr-289	49	42	to	to	ADP
abr-289	49	43	here	here	ADV
abr-289	49	44	as	as	ADP
abr-289	49	45	(	(	PUNCT
abr-289	49	46	htr	htr	PROPN
abr-289	49	47	)	)	PUNCT
abr-289	49	48	or	or	CCONJ
abr-289	49	49	(	(	PUNCT
abr-289	49	50	2	2	X
abr-289	49	51	)	)	PUNCT
abr-289	49	52	firms	firm	NOUN
abr-289	49	53	chosen	choose	VERB
abr-289	49	54	at	at	ADP
abr-289	49	55	random	random	ADJ
abr-289	49	56	(	(	PUNCT
abr-289	49	57	fcr	fcr	PROPN
abr-289	49	58	)	)	PUNCT
abr-289	49	59	from	from	ADP
abr-289	49	60	the	the	DET
abr-289	49	61	same	same	ADJ
abr-289	49	62	database	database	NOUN
abr-289	49	63	and	and	CCONJ
abr-289	49	64	the	the	DET
abr-289	49	65	same	same	ADJ
abr-289	49	66	industries	industry	NOUN
abr-289	49	67	as	as	ADP
abr-289	49	68	the	the	DET
abr-289	49	69	htr	htr	PROPN
abr-289	49	70	group	group	NOUN
abr-289	49	71	?	?	PUNCT
abr-289	50	1	multiple	multiple	ADJ
abr-289	50	2	discriminant	discriminant	ADJ
abr-289	50	3	analysis	analysis	NOUN
abr-289	50	4	(	(	PUNCT
abr-289	50	5	mda	mda	PROPN
abr-289	50	6	)	)	PUNCT
abr-289	50	7	provides	provide	VERB
abr-289	50	8	a	a	DET
abr-289	50	9	procedure	procedure	NOUN
abr-289	50	10	for	for	ADP
abr-289	50	11	assigning	assign	VERB
abr-289	50	12	firms	firm	NOUN
abr-289	50	13	to	to	PART
abr-289	50	14	predetermined	predetermine	VERB
abr-289	50	15	groupings	grouping	NOUN
abr-289	50	16	based	base	VERB
abr-289	50	17	on	on	ADP
abr-289	50	18	variables	variable	NOUN
abr-289	50	19	or	or	CCONJ
abr-289	50	20	attributes	attribute	NOUN
abr-289	50	21	whose	whose	DET
abr-289	50	22	values	value	NOUN
abr-289	50	23	may	may	AUX
abr-289	50	24	depend	depend	VERB
abr-289	50	25	on	on	ADP
abr-289	50	26	the	the	DET
abr-289	50	27	group	group	NOUN
abr-289	50	28	to	to	PART
abr-289	50	29	which	which	PRON
abr-289	50	30	the	the	DET
abr-289	50	31	firm	firm	NOUN
abr-289	50	32	belongs	belong	VERB
abr-289	50	33	,	,	PUNCT
abr-289	50	34	and	and	CCONJ
abr-289	50	35	canonical	canonical	ADJ
abr-289	50	36	correlation	correlation	NOUN
abr-289	50	37	ranks	rank	VERB
abr-289	50	38	those	those	DET
abr-289	50	39	variables	variable	NOUN
abr-289	50	40	in	in	ADP
abr-289	50	41	order	order	NOUN
abr-289	50	42	of	of	ADP
abr-289	50	43	their	their	PRON
abr-289	50	44	weighted	weight	VERB
abr-289	50	45	effects	effect	NOUN
abr-289	50	46	on	on	ADP
abr-289	50	47	the	the	DET
abr-289	50	48	results	result	NOUN
abr-289	50	49	of	of	ADP
abr-289	50	50	the	the	DET
abr-289	50	51	analysis	analysis	NOUN
abr-289	50	52	.	.	PUNCT
abr-289	51	1	if	if	SCONJ
abr-289	51	2	the	the	DET
abr-289	51	3	purpose	purpose	NOUN
abr-289	51	4	of	of	ADP
abr-289	51	5	the	the	DET
abr-289	51	6	study	study	NOUN
abr-289	51	7	were	be	AUX
abr-289	51	8	simply	simply	ADV
abr-289	51	9	to	to	PART
abr-289	51	10	establish	establish	VERB
abr-289	51	11	a	a	DET
abr-289	51	12	financial	financial	ADJ
abr-289	51	13	profile	profile	NOUN
abr-289	51	14	of	of	ADP
abr-289	51	15	each	each	DET
abr-289	51	16	group	group	NOUN
abr-289	51	17	of	of	ADP
abr-289	51	18	firms	firm	NOUN
abr-289	51	19	,	,	PUNCT
abr-289	51	20	simple	simple	ADJ
abr-289	51	21	ratios	ratio	NOUN
abr-289	51	22	would	would	AUX
abr-289	51	23	be	be	AUX
abr-289	51	24	adequate	adequate	ADJ
abr-289	51	25	.	.	PUNCT
abr-289	52	1	however	however	ADV
abr-289	52	2	,	,	PUNCT
abr-289	52	3	as	as	ADV
abr-289	52	4	early	early	ADV
abr-289	52	5	as	as	ADP
abr-289	52	6	1968	1968	NUM
abr-289	52	7	,	,	PUNCT
abr-289	52	8	in	in	ADP
abr-289	52	9	a	a	DET
abr-289	52	10	seminal	seminal	ADJ
abr-289	52	11	paper	paper	NOUN
abr-289	52	12	on	on	ADP
abr-289	52	13	the	the	DET
abr-289	52	14	use	use	NOUN
abr-289	52	15	of	of	ADP
abr-289	52	16	mda	mda	PROPN
abr-289	52	17	in	in	ADP
abr-289	52	18	finance	finance	NOUN
abr-289	52	19	,	,	PUNCT
abr-289	52	20	altman	altman	PROPN
abr-289	52	21	showed	show	VERB
abr-289	52	22	that	that	SCONJ
abr-289	52	23	sets	set	NOUN
abr-289	52	24	of	of	ADP
abr-289	52	25	variables	variable	NOUN
abr-289	52	26	used	use	VERB
abr-289	52	27	in	in	ADP
abr-289	52	28	multivariate	multivariate	NOUN
abr-289	52	29	analysis	analysis	NOUN
abr-289	52	30	were	be	AUX
abr-289	52	31	better	well	ADJ
abr-289	52	32	descriptors	descriptor	NOUN
abr-289	52	33	of	of	ADP
abr-289	52	34	the	the	DET
abr-289	52	35	firms	firm	NOUN
abr-289	52	36	and	and	CCONJ
abr-289	52	37	had	have	VERB
abr-289	52	38	more	more	ADJ
abr-289	52	39	predictive	predictive	ADJ
abr-289	52	40	power	power	NOUN
abr-289	52	41	than	than	ADP
abr-289	52	42	individual	individual	ADJ
abr-289	52	43	variables	variable	NOUN
abr-289	52	44	used	use	VERB
abr-289	52	45	in	in	ADP
abr-289	52	46	univariate	univariate	ADJ
abr-289	52	47	tests	test	NOUN
abr-289	52	48	(	(	PUNCT
abr-289	52	49	altman	altman	NOUN
abr-289	52	50	,	,	PUNCT
abr-289	52	51	1968	1968	NUM
abr-289	52	52	)	)	PUNCT
abr-289	52	53	.	.	PUNCT
abr-289	53	1	the	the	DET
abr-289	53	2	use	use	NOUN
abr-289	53	3	of	of	ADP
abr-289	53	4	mda	mda	PROPN
abr-289	53	5	in	in	ADP
abr-289	53	6	the	the	DET
abr-289	53	7	social	social	ADJ
abr-289	53	8	sciences	science	NOUN
abr-289	53	9	for	for	ADP
abr-289	53	10	classification	classification	NOUN
abr-289	53	11	is	be	AUX
abr-289	53	12	well	well	ADV
abr-289	53	13	known	know	VERB
abr-289	53	14	.	.	PUNCT
abr-289	54	1	mda	mda	PROPN
abr-289	54	2	is	be	AUX
abr-289	54	3	appropriate	appropriate	ADJ
abr-289	54	4	when	when	SCONJ
abr-289	54	5	the	the	DET
abr-289	54	6	dependent	dependent	ADJ
abr-289	54	7	variables	variable	NOUN
abr-289	54	8	are	be	AUX
abr-289	54	9	nominally	nominally	ADV
abr-289	54	10	or	or	CCONJ
abr-289	54	11	ordinally	ordinally	ADV
abr-289	54	12	measured	measure	VERB
abr-289	54	13	,	,	PUNCT
abr-289	54	14	and	and	CCONJ
abr-289	54	15	the	the	DET
abr-289	54	16	predictive	predictive	ADJ
abr-289	54	17	variables	variable	NOUN
abr-289	54	18	are	be	AUX
abr-289	54	19	metrically	metrically	ADV
abr-289	54	20	measured	measure	VERB
abr-289	54	21	.	.	PUNCT
abr-289	55	1	in	in	ADP
abr-289	55	2	addition	addition	NOUN
abr-289	55	3	to	to	ADP
abr-289	55	4	its	its	PRON
abr-289	55	5	use	use	NOUN
abr-289	55	6	in	in	ADP
abr-289	55	7	the	the	DET
abr-289	55	8	altman	altman	PROPN
abr-289	55	9	study	study	NOUN
abr-289	55	10	to	to	PART
abr-289	55	11	predict	predict	VERB
abr-289	55	12	corporate	corporate	ADJ
abr-289	55	13	bankruptcy	bankruptcy	NOUN
abr-289	55	14	,	,	PUNCT
abr-289	55	15	other	other	ADJ
abr-289	55	16	early	early	ADJ
abr-289	55	17	studies	study	NOUN
abr-289	55	18	used	use	VERB
abr-289	55	19	mda	mda	PROPN
abr-289	55	20	to	to	PART
abr-289	55	21	predict	predict	VERB
abr-289	55	22	financially	financially	ADV
abr-289	55	23	distressed	distressed	ADJ
abr-289	55	24	property	property	NOUN
abr-289	55	25	-	-	PUNCT
abr-289	55	26	liability	liability	NOUN
abr-289	55	27	insurance	insurance	NOUN
abr-289	55	28	firms	firm	NOUN
abr-289	55	29	(	(	PUNCT
abr-289	55	30	trieschmann	trieschmann	PROPN
abr-289	55	31	&	&	CCONJ
abr-289	55	32	pinches	pinche	NOUN
abr-289	55	33	1973	1973	NUM
abr-289	55	34	)	)	PUNCT
abr-289	55	35	,	,	PUNCT
abr-289	55	36	to	to	PART
abr-289	55	37	determine	determine	VERB
abr-289	55	38	value	value	NOUN
abr-289	55	39	(	(	PUNCT
abr-289	55	40	payne	payne	PROPN
abr-289	55	41	,	,	PUNCT
abr-289	55	42	2010	2010	NUM
abr-289	55	43	)	)	PUNCT
abr-289	55	44	,	,	PUNCT
abr-289	55	45	and	and	CCONJ
abr-289	55	46	the	the	DET
abr-289	55	47	failure	failure	NOUN
abr-289	55	48	of	of	ADP
abr-289	55	49	small	small	ADJ
abr-289	55	50	businesses	business	NOUN
abr-289	55	51	(	(	PUNCT
abr-289	55	52	edmister	edmister	NOUN
abr-289	55	53	,	,	PUNCT
abr-289	55	54	1982	1982	NUM
abr-289	55	55	)	)	PUNCT
abr-289	55	56	.	.	PUNCT
abr-289	56	1	this	this	DET
abr-289	56	2	study	study	NOUN
abr-289	56	3	also	also	ADV
abr-289	56	4	employs	employ	VERB
abr-289	56	5	nominally	nominally	ADV
abr-289	56	6	measured	measure	VERB
abr-289	56	7	dependent	dependent	ADJ
abr-289	56	8	variables	variable	NOUN
abr-289	56	9	and	and	CCONJ
abr-289	56	10	metrically	metrically	ADV
abr-289	56	11	measured	measure	VERB
abr-289	56	12	predictive	predictive	ADJ
abr-289	56	13	variables	variable	NOUN
abr-289	56	14	.	.	PUNCT
abr-289	57	1	the	the	DET
abr-289	57	2	nominally	nominally	ADV
abr-289	57	3	measured	measure	VERB
abr-289	57	4	dependent	dependent	ADJ
abr-289	57	5	variables	variable	NOUN
abr-289	57	6	are	be	AUX
abr-289	57	7	the	the	DET
abr-289	57	8	group	group	NOUN
abr-289	57	9	of	of	ADP
abr-289	57	10	htr	htr	PROPN
abr-289	57	11	firms	firm	NOUN
abr-289	57	12	and	and	CCONJ
abr-289	57	13	the	the	DET
abr-289	57	14	group	group	NOUN
abr-289	57	15	of	of	ADP
abr-289	57	16	fcr	fcr	NOUN
abr-289	57	17	firms	firm	NOUN
abr-289	57	18	.	.	PUNCT
abr-289	58	1	the	the	DET
abr-289	58	2	computer	computer	NOUN
abr-289	58	3	program	program	NOUN
abr-289	58	4	used	use	VERB
abr-289	58	5	to	to	PART
abr-289	58	6	perform	perform	VERB
abr-289	58	7	the	the	DET
abr-289	58	8	analysis	analysis	NOUN
abr-289	58	9	is	be	AUX
abr-289	58	10	spss	spss	ADJ
abr-289	58	11	25.0	25.0	NUM
abr-289	58	12	discriminant	discriminant	ADJ
abr-289	58	13	analysis	analysis	NOUN
abr-289	58	14	.	.	PUNCT
abr-289	59	1	since	since	SCONJ
abr-289	59	2	the	the	DET
abr-289	59	3	objective	objective	NOUN
abr-289	59	4	is	be	AUX
abr-289	59	5	to	to	PART
abr-289	59	6	determine	determine	VERB
abr-289	59	7	the	the	DET
abr-289	59	8	discriminating	discriminate	VERB
abr-289	59	9	capabilities	capability	NOUN
abr-289	59	10	of	of	ADP
abr-289	59	11	the	the	DET
abr-289	59	12	entire	entire	ADJ
abr-289	59	13	set	set	NOUN
abr-289	59	14	of	of	ADP
abr-289	59	15	variables	variable	NOUN
abr-289	59	16	without	without	ADP
abr-289	59	17	regard	regard	NOUN
abr-289	59	18	to	to	ADP
abr-289	59	19	the	the	DET
abr-289	59	20	impact	impact	NOUN
abr-289	59	21	of	of	ADP
abr-289	59	22	individual	individual	ADJ
abr-289	59	23	variables	variable	NOUN
abr-289	59	24	,	,	PUNCT
abr-289	59	25	all	all	DET
abr-289	59	26	variables	variable	NOUN
abr-289	59	27	were	be	AUX
abr-289	59	28	entered	enter	VERB
abr-289	59	29	into	into	ADP
abr-289	59	30	the	the	DET
abr-289	59	31	model	model	NOUN
abr-289	59	32	simultaneously	simultaneously	ADV
abr-289	59	33	.	.	PUNCT
abr-289	60	1	this	this	DET
abr-289	60	2	method	method	NOUN
abr-289	60	3	is	be	AUX
abr-289	60	4	appropriate	appropriate	ADJ
abr-289	60	5	since	since	SCONJ
abr-289	60	6	the	the	DET
abr-289	60	7	purpose	purpose	NOUN
abr-289	60	8	of	of	ADP
abr-289	60	9	the	the	DET
abr-289	60	10	study	study	NOUN
abr-289	60	11	was	be	AUX
abr-289	60	12	not	not	PART
abr-289	60	13	to	to	PART
abr-289	60	14	identify	identify	VERB
abr-289	60	15	the	the	DET
abr-289	60	16	predictive	predictive	ADJ
abr-289	60	17	power	power	NOUN
abr-289	60	18	of	of	ADP
abr-289	60	19	any	any	DET
abr-289	60	20	one	one	NUM
abr-289	60	21	variable	variable	NOUN
abr-289	60	22	,	,	PUNCT
abr-289	60	23	but	but	CCONJ
abr-289	60	24	instead	instead	ADV
abr-289	60	25	the	the	DET
abr-289	60	26	predictive	predictive	ADJ
abr-289	60	27	power	power	NOUN
abr-289	60	28	of	of	ADP
abr-289	60	29	the	the	DET
abr-289	60	30	entire	entire	ADJ
abr-289	60	31	set	set	NOUN
abr-289	60	32	of	of	ADP
abr-289	60	33	73	73	NUM
abr-289	60	34	independent	independent	ADJ
abr-289	60	35	variables	variable	NOUN
abr-289	60	36	(	(	PUNCT
abr-289	60	37	hair	hair	NOUN
abr-289	60	38	et	et	PROPN
abr-289	60	39	al	al	PROPN
abr-289	60	40	.	.	PROPN
abr-289	60	41	,	,	PUNCT
abr-289	60	42	1992	1992	NUM
abr-289	60	43	)	)	PUNCT
abr-289	60	44	.	.	PUNCT
abr-289	61	1	selection	selection	NOUN
abr-289	61	2	of	of	ADP
abr-289	61	3	sample	sample	NOUN
abr-289	61	4	and	and	CCONJ
abr-289	61	5	independent	independent	ADJ
abr-289	61	6	variables	variable	NOUN
abr-289	61	7	since	since	SCONJ
abr-289	61	8	all	all	DET
abr-289	61	9	empirical	empirical	ADJ
abr-289	61	10	evidence	evidence	NOUN
abr-289	61	11	over	over	ADP
abr-289	61	12	time	time	NOUN
abr-289	61	13	indicates	indicate	VERB
abr-289	61	14	that	that	SCONJ
abr-289	61	15	the	the	DET
abr-289	61	16	long	long	ADJ
abr-289	61	17	-	-	PUNCT
abr-289	61	18	term	term	NOUN
abr-289	61	19	performance	performance	NOUN
abr-289	61	20	of	of	ADP
abr-289	61	21	value	value	NOUN
abr-289	61	22	line	line	NOUN
abr-289	61	23	’s	’s	PART
abr-289	61	24	technical	technical	ADJ
abr-289	61	25	ranking	ranking	NOUN
abr-289	61	26	system	system	NOUN
abr-289	61	27	has	have	AUX
abr-289	61	28	been	be	AUX
abr-289	61	29	outstanding	outstanding	ADJ
abr-289	61	30	,	,	PUNCT
abr-289	61	31	and	and	CCONJ
abr-289	61	32	as	as	SCONJ
abr-289	61	33	the	the	DET
abr-289	61	34	use	use	NOUN
abr-289	61	35	of	of	ADP
abr-289	61	36	value	value	NOUN
abr-289	61	37	line	line	NOUN
abr-289	61	38	data	datum	NOUN
abr-289	61	39	in	in	ADP
abr-289	61	40	investor	investor	NOUN
abr-289	61	41	decisions	decision	NOUN
abr-289	61	42	continues	continue	VERB
abr-289	61	43	to	to	PART
abr-289	61	44	grow	grow	VERB
abr-289	61	45	steadily	steadily	ADV
abr-289	61	46	in	in	ADP
abr-289	61	47	popularity	popularity	NOUN
abr-289	61	48	since	since	SCONJ
abr-289	61	49	its	its	PRON
abr-289	61	50	inception	inception	NOUN
abr-289	61	51	in	in	ADP
abr-289	61	52	1965	1965	NUM
abr-289	61	53	(	(	PUNCT
abr-289	61	54	reynolds	reynold	NOUN
abr-289	61	55	,	,	PUNCT
abr-289	61	56	2019	2019	NUM
abr-289	61	57	)	)	PUNCT
abr-289	61	58	,	,	PUNCT
abr-289	61	59	it	it	PRON
abr-289	61	60	is	be	AUX
abr-289	61	61	used	use	VERB
abr-289	61	62	here	here	ADV
abr-289	61	63	as	as	ADP
abr-289	61	64	the	the	DET
abr-289	61	65	subject	subject	NOUN
abr-289	61	66	of	of	ADP
abr-289	61	67	the	the	DET
abr-289	61	68	current	current	ADJ
abr-289	61	69	study	study	NOUN
abr-289	61	70	.	.	PUNCT
abr-289	62	1	all	all	DET
abr-289	62	2	data	datum	NOUN
abr-289	62	3	used	use	VERB
abr-289	62	4	in	in	ADP
abr-289	62	5	the	the	DET
abr-289	62	6	analysis	analysis	NOUN
abr-289	62	7	were	be	AUX
abr-289	62	8	gathered	gather	VERB
abr-289	62	9	from	from	ADP
abr-289	62	10	value	value	NOUN
abr-289	62	11	line	line	NOUN
abr-289	62	12	ratings	rating	NOUN
abr-289	62	13	and	and	CCONJ
abr-289	62	14	reports.2	reports.2	VERB
abr-289	62	15	the	the	DET
abr-289	62	16	first	first	ADJ
abr-289	62	17	group	group	NOUN
abr-289	62	18	(	(	PUNCT
abr-289	62	19	htr	htr	PROPN
abr-289	62	20	)	)	PUNCT
abr-289	62	21	was	be	AUX
abr-289	62	22	identified	identify	VERB
abr-289	62	23	by	by	ADP
abr-289	62	24	value	value	NOUN
abr-289	62	25	line	line	NOUN
abr-289	62	26	as	as	ADP
abr-289	62	27	the	the	DET
abr-289	62	28	first	first	ADJ
abr-289	62	29	100	100	NUM
abr-289	62	30	firms	firm	NOUN
abr-289	62	31	with	with	ADP
abr-289	62	32	the	the	DET
abr-289	62	33	highest	high	ADJ
abr-289	62	34	technical	technical	ADJ
abr-289	62	35	ratings	rating	NOUN
abr-289	62	36	in	in	ADP
abr-289	62	37	our	our	PRON
abr-289	62	38	sample	sample	NOUN
abr-289	62	39	.	.	PUNCT
abr-289	63	1	the	the	DET
abr-289	63	2	second	second	ADJ
abr-289	63	3	group	group	NOUN
abr-289	63	4	(	(	PUNCT
abr-289	63	5	fcr	fcr	PROPN
abr-289	63	6	)	)	PUNCT
abr-289	63	7	consists	consist	VERB
abr-289	63	8	of	of	ADP
abr-289	63	9	100	100	NUM
abr-289	63	10	firms	firm	NOUN
abr-289	63	11	randomly	randomly	ADV
abr-289	63	12	chosen	choose	VERB
abr-289	63	13	from	from	ADP
abr-289	63	14	the	the	DET
abr-289	63	15	value	value	NOUN
abr-289	63	16	line	line	NOUN
abr-289	63	17	database	database	NOUN
abr-289	63	18	,	,	PUNCT
abr-289	63	19	but	but	CCONJ
abr-289	63	20	from	from	ADP
abr-289	63	21	the	the	DET
abr-289	63	22	same	same	ADJ
abr-289	63	23	industries	industry	NOUN
abr-289	63	24	as	as	ADP
abr-289	63	25	the	the	DET
abr-289	63	26	first	first	ADJ
abr-289	63	27	group	group	NOUN
abr-289	63	28	.	.	PUNCT
abr-289	64	1	thus	thus	ADV
abr-289	64	2	,	,	PUNCT
abr-289	64	3	there	there	PRON
abr-289	64	4	are	be	VERB
abr-289	64	5	200	200	NUM
abr-289	64	6	companies	company	NOUN
abr-289	64	7	in	in	ADP
abr-289	64	8	our	our	PRON
abr-289	64	9	total	total	ADJ
abr-289	64	10	sample	sample	NOUN
abr-289	64	11	.	.	PUNCT
abr-289	65	1	in	in	ADP
abr-289	65	2	periods	period	NOUN
abr-289	65	3	of	of	ADP
abr-289	65	4	economic	economic	ADJ
abr-289	65	5	growth	growth	NOUN
abr-289	65	6	or	or	CCONJ
abr-289	65	7	economic	economic	ADJ
abr-289	65	8	decline	decline	NOUN
abr-289	65	9	,	,	PUNCT
abr-289	65	10	all	all	DET
abr-289	65	11	industries	industry	NOUN
abr-289	65	12	will	will	AUX
abr-289	65	13	not	not	PART
abr-289	65	14	experience	experience	VERB
abr-289	65	15	the	the	DET
abr-289	65	16	same	same	ADJ
abr-289	65	17	effects	effect	NOUN
abr-289	65	18	,	,	PUNCT
abr-289	65	19	whether	whether	SCONJ
abr-289	65	20	they	they	PRON
abr-289	65	21	are	be	AUX
abr-289	65	22	adverse	adverse	ADJ
abr-289	65	23	or	or	CCONJ
abr-289	65	24	beneficial	beneficial	ADJ
abr-289	65	25	.	.	PUNCT
abr-289	66	1	it	it	PRON
abr-289	66	2	follows	follow	VERB
abr-289	66	3	that	that	SCONJ
abr-289	66	4	for	for	ADP
abr-289	66	5	an	an	DET
abr-289	66	6	unbiased	unbiased	ADJ
abr-289	66	7	study	study	NOUN
abr-289	66	8	,	,	PUNCT
abr-289	66	9	the	the	DET
abr-289	66	10	effects	effect	NOUN
abr-289	66	11	of	of	ADP
abr-289	66	12	industry	industry	NOUN
abr-289	66	13	must	must	AUX
abr-289	66	14	be	be	AUX
abr-289	66	15	held	hold	VERB
abr-289	66	16	constant	constant	ADJ
abr-289	66	17	.	.	PUNCT
abr-289	67	1	this	this	PRON
abr-289	67	2	was	be	AUX
abr-289	67	3	accomplished	accomplish	VERB
abr-289	67	4	by	by	ADP
abr-289	67	5	matching	match	VERB
abr-289	67	6	the	the	DET
abr-289	67	7	companies	company	NOUN
abr-289	67	8	in	in	ADP
abr-289	67	9	the	the	DET
abr-289	67	10	htr	htr	PROPN
abr-289	67	11	group	group	NOUN
abr-289	67	12	with	with	ADP
abr-289	67	13	companies	company	NOUN
abr-289	67	14	from	from	ADP
abr-289	67	15	the	the	DET
abr-289	67	16	same	same	ADJ
abr-289	67	17	industry	industry	NOUN
abr-289	67	18	in	in	ADP
abr-289	67	19	the	the	DET
abr-289	67	20	fcr	fcr	NOUN
abr-289	67	21	group	group	NOUN
abr-289	67	22	.	.	PUNCT
abr-289	68	1	for	for	ADP
abr-289	68	2	example	example	NOUN
abr-289	68	3	,	,	PUNCT
abr-289	68	4	from	from	ADP
abr-289	68	5	the	the	DET
abr-289	68	6	restaurant	restaurant	NOUN
abr-289	68	7	industry	industry	NOUN
abr-289	68	8	,	,	PUNCT
abr-289	68	9	bob	bob	PROPN
abr-289	68	10	evan	evan	PROPN
abr-289	68	11	’s	’s	PART
abr-289	68	12	is	be	AUX
abr-289	68	13	in	in	ADP
abr-289	68	14	the	the	DET
abr-289	68	15	htr	htr	PROPN
abr-289	68	16	group	group	NOUN
abr-289	68	17	,	,	PUNCT
abr-289	68	18	and	and	CCONJ
abr-289	68	19	p.f	p.f	PROPN
abr-289	68	20	.	.	PROPN
abr-289	68	21	chang	chang	PROPN
abr-289	68	22	’s	’s	PART
abr-289	68	23	is	be	AUX
abr-289	68	24	in	in	ADP
abr-289	68	25	the	the	DET
abr-289	68	26	fcr	fcr	PROPN
abr-289	68	27	group	group	NOUN
abr-289	68	28	.	.	PUNCT
abr-289	69	1	from	from	ADP
abr-289	69	2	the	the	DET
abr-289	69	3	drugs	drug	NOUN
abr-289	69	4	industry	industry	NOUN
abr-289	69	5	,	,	PUNCT
abr-289	69	6	forrest	forrest	PROPN
abr-289	69	7	labs	labs	PROPN
abr-289	69	8	is	be	AUX
abr-289	69	9	in	in	ADP
abr-289	69	10	the	the	DET
abr-289	69	11	htr	htr	PROPN
abr-289	69	12	group	group	NOUN
abr-289	69	13	,	,	PUNCT
abr-289	69	14	and	and	CCONJ
abr-289	69	15	merck	merck	NOUN
abr-289	69	16	is	be	AUX
abr-289	69	17	in	in	ADP
abr-289	69	18	the	the	DET
abr-289	69	19	fcr	fcr	PROPN
abr-289	69	20	group	group	NOUN
abr-289	69	21	.	.	PUNCT
abr-289	70	1	from	from	ADP
abr-289	70	2	the	the	DET
abr-289	70	3	medical	medical	ADJ
abr-289	70	4	services	service	NOUN
abr-289	70	5	industry	industry	NOUN
abr-289	70	6	,	,	PUNCT
abr-289	70	7	tenet	tenet	NOUN
abr-289	70	8	healthcare	healthcare	NOUN
abr-289	70	9	is	be	AUX
abr-289	70	10	in	in	ADP
abr-289	70	11	the	the	DET
abr-289	70	12	htr	htr	PROPN
abr-289	70	13	group	group	NOUN
abr-289	70	14	and	and	CCONJ
abr-289	70	15	universal	universal	ADJ
abr-289	70	16	health	health	NOUN
abr-289	70	17	is	be	AUX
abr-289	70	18	in	in	ADP
abr-289	70	19	the	the	DET
abr-289	70	20	fcr	fcr	PROPN
abr-289	70	21	group	group	NOUN
abr-289	70	22	.	.	PUNCT
abr-289	71	1	from	from	ADP
abr-289	71	2	the	the	DET
abr-289	71	3	entertainment	entertainment	NOUN
abr-289	71	4	industry	industry	NOUN
abr-289	71	5	,	,	PUNCT
abr-289	71	6	walt	walt	PROPN
abr-289	71	7	disney	disney	PROPN
abr-289	71	8	is	be	AUX
abr-289	71	9	in	in	ADP
abr-289	71	10	the	the	DET
abr-289	71	11	htr	htr	PROPN
abr-289	71	12	group	group	PROPN
abr-289	71	13	and	and	CCONJ
abr-289	71	14	warner	warner	PROPN
abr-289	71	15	music	music	NOUN
abr-289	71	16	is	be	AUX
abr-289	71	17	in	in	ADP
abr-289	71	18	the	the	DET
abr-289	71	19	fcr	fcr	PROPN
abr-289	71	20	group	group	NOUN
abr-289	71	21	.	.	PUNCT
abr-289	72	1	gentex	gentex	PROPN
abr-289	72	2	is	be	AUX
abr-289	72	3	in	in	ADP
abr-289	72	4	the	the	DET
abr-289	72	5	htr	htr	PROPN
abr-289	72	6	group	group	NOUN
abr-289	72	7	from	from	ADP
abr-289	72	8	the	the	DET
abr-289	72	9	auto	auto	NOUN
abr-289	72	10	parts	part	NOUN
abr-289	72	11	industry	industry	NOUN
abr-289	72	12	and	and	CCONJ
abr-289	72	13	dura	dura	NOUN
abr-289	72	14	auto	auto	NOUN
abr-289	72	15	parts	part	NOUN
abr-289	72	16	in	in	ADP
abr-289	72	17	the	the	DET
abr-289	72	18	fcr	fcr	NOUN
abr-289	72	19	group	group	NOUN
abr-289	72	20	.	.	PUNCT
abr-289	73	1	in	in	ADP
abr-289	73	2	this	this	DET
abr-289	73	3	manner	manner	NOUN
abr-289	73	4	,	,	PUNCT
abr-289	73	5	each	each	DET
abr-289	73	6	company	company	NOUN
abr-289	73	7	identified	identify	VERB
abr-289	73	8	by	by	ADP
abr-289	73	9	value	value	NOUN
abr-289	73	10	line	line	NOUN
abr-289	73	11	as	as	ADP
abr-289	73	12	having	have	VERB
abr-289	73	13	high	high	ADJ
abr-289	73	14	technical	technical	ADJ
abr-289	73	15	ratings	rating	NOUN
abr-289	73	16	was	be	AUX
abr-289	73	17	matched	match	VERB
abr-289	73	18	with	with	ADP
abr-289	73	19	a	a	DET
abr-289	73	20	randomly	randomly	ADV
abr-289	73	21	chosen	choose	VERB
abr-289	73	22	company	company	NOUN
abr-289	73	23	from	from	ADP
abr-289	73	24	the	the	DET
abr-289	73	25	same	same	ADJ
abr-289	73	26	industry	industry	NOUN
abr-289	73	27	.	.	PUNCT
abr-289	74	1	thus	thus	ADV
abr-289	74	2	,	,	PUNCT
abr-289	74	3	this	this	DET
abr-289	74	4	matching	matching	NOUN
abr-289	74	5	method	method	NOUN
abr-289	74	6	of	of	ADP
abr-289	74	7	randomly	randomly	ADV
abr-289	74	8	choosing	choose	VERB
abr-289	74	9	and	and	CCONJ
abr-289	74	10	matching	match	VERB
abr-289	74	11	companies	company	NOUN
abr-289	74	12	from	from	ADP
abr-289	74	13	the	the	DET
abr-289	74	14	same	same	ADJ
abr-289	74	15	industries	industry	NOUN
abr-289	74	16	eliminates	eliminate	VERB
abr-289	74	17	any	any	DET
abr-289	74	18	bias	bias	NOUN
abr-289	74	19	due	due	ADP
abr-289	74	20	to	to	ADP
abr-289	74	21	differences	difference	NOUN
abr-289	74	22	in	in	ADP
abr-289	74	23	industry	industry	NOUN
abr-289	74	24	listings	listing	NOUN
abr-289	74	25	.	.	PUNCT
abr-289	75	1	previous	previous	ADJ
abr-289	75	2	studies	study	NOUN
abr-289	75	3	using	use	VERB
abr-289	75	4	this	this	PRON
abr-289	75	5	(	(	PUNCT
abr-289	75	6	and	and	CCONJ
abr-289	75	7	other	other	ADJ
abr-289	75	8	)	)	PUNCT
abr-289	75	9	statistical	statistical	ADJ
abr-289	75	10	methods	method	NOUN
abr-289	75	11	have	have	AUX
abr-289	75	12	chosen	choose	VERB
abr-289	75	13	explanatory	explanatory	ADJ
abr-289	75	14	variables	variable	NOUN
abr-289	75	15	by	by	ADP
abr-289	75	16	various	various	ADJ
abr-289	75	17	criteria	criterion	NOUN
abr-289	75	18	and	and	CCONJ
abr-289	75	19	theoretically	theoretically	ADV
abr-289	75	20	driven	drive	VERB
abr-289	75	21	arguments	argument	NOUN
abr-289	75	22	.	.	PUNCT
abr-289	76	1	in	in	ADP
abr-289	76	2	this	this	DET
abr-289	76	3	study	study	NOUN
abr-289	76	4	,	,	PUNCT
abr-289	76	5	the	the	DET
abr-289	76	6	group	group	NOUN
abr-289	76	7	of	of	ADP
abr-289	76	8	explanatory	explanatory	ADJ
abr-289	76	9	variables	variable	NOUN
abr-289	76	10	chosen	choose	VERB
abr-289	76	11	for	for	ADP
abr-289	76	12	analysis	analysis	NOUN
abr-289	76	13	includes	include	VERB
abr-289	76	14	one	one	NUM
abr-289	76	15	measure	measure	NOUN
abr-289	76	16	of	of	ADP
abr-289	76	17	the	the	DET
abr-289	76	18	size	size	NOUN
abr-289	76	19	of	of	ADP
abr-289	76	20	the	the	DET
abr-289	76	21	firm	firm	NOUN
abr-289	76	22	,	,	PUNCT
abr-289	76	23	one	one	NUM
abr-289	76	24	measure	measure	NOUN
abr-289	76	25	of	of	ADP
abr-289	76	26	return	return	NOUN
abr-289	76	27	on	on	ADP
abr-289	76	28	investment	investment	NOUN
abr-289	76	29	,	,	PUNCT
abr-289	76	30	two	two	NUM
abr-289	76	31	measures	measure	NOUN
abr-289	76	32	of	of	ADP
abr-289	76	33	risk	risk	NOUN
abr-289	76	34	,	,	PUNCT
abr-289	76	35	one	one	NUM
abr-289	76	36	measure	measure	NOUN
abr-289	76	37	of	of	ADP
abr-289	76	38	capital	capital	NOUN
abr-289	76	39	spending	spending	NOUN
abr-289	76	40	,	,	PUNCT
abr-289	76	41	a	a	DET
abr-289	76	42	measure	measure	NOUN
abr-289	76	43	of	of	ADP
abr-289	76	44	the	the	DET
abr-289	76	45	safety	safety	NOUN
abr-289	76	46	of	of	ADP
abr-289	76	47	investment	investment	NOUN
abr-289	76	48	,	,	PUNCT
abr-289	76	49	a	a	DET
abr-289	76	50	measure	measure	NOUN
abr-289	76	51	of	of	ADP
abr-289	76	52	financial	financial	ADJ
abr-289	76	53	strength	strength	NOUN
abr-289	76	54	,	,	PUNCT
abr-289	76	55	a	a	DET
abr-289	76	56	measure	measure	NOUN
abr-289	76	57	of	of	ADP
abr-289	76	58	price	price	NOUN
abr-289	76	59	predictability	predictability	NOUN
abr-289	76	60	,	,	PUNCT
abr-289	76	61	a	a	DET
abr-289	76	62	measure	measure	NOUN
abr-289	76	63	of	of	ADP
abr-289	76	64	the	the	DET
abr-289	76	65	timeliness	timeliness	NOUN
abr-289	76	66	of	of	ADP
abr-289	76	67	investment	investment	NOUN
abr-289	76	68	in	in	ADP
abr-289	76	69	the	the	DET
abr-289	76	70	firm	firm	NOUN
abr-289	76	71	,	,	PUNCT
abr-289	76	72	and	and	CCONJ
abr-289	76	73	finally	finally	ADV
abr-289	76	74	,	,	PUNCT
abr-289	76	75	and	and	CCONJ
abr-289	76	76	one	one	NUM
abr-289	76	77	measure	measure	NOUN
abr-289	76	78	of	of	ADP
abr-289	76	79	how	how	SCONJ
abr-289	76	80	the	the	DET
abr-289	76	81	firm	firm	NOUN
abr-289	76	82	may	may	AUX
abr-289	76	83	be	be	AUX
abr-289	76	84	perceived	perceive	VERB
abr-289	76	85	by	by	ADP
abr-289	76	86	investors	investor	NOUN
abr-289	76	87	at	at	ADP
abr-289	76	88	the	the	DET
abr-289	76	89	margin	margin	NOUN
abr-289	76	90	.	.	PUNCT
abr-289	77	1	it	it	PRON
abr-289	77	2	is	be	AUX
abr-289	77	3	the	the	DET
abr-289	77	4	buying	buying	NOUN
abr-289	77	5	and	and	CCONJ
abr-289	77	6	selling	selling	NOUN
abr-289	77	7	of	of	ADP
abr-289	77	8	those	those	DET
abr-289	77	9	investors	investor	NOUN
abr-289	77	10	that	that	PRON
abr-289	77	11	establish	establish	VERB
abr-289	77	12	the	the	DET
abr-289	77	13	market	market	NOUN
abr-289	77	14	value	value	NOUN
abr-289	77	15	of	of	ADP
abr-289	77	16	both	both	DET
abr-289	77	17	equity	equity	NOUN
abr-289	77	18	and	and	CCONJ
abr-289	77	19	debt	debt	NOUN
abr-289	77	20	.	.	PUNCT
abr-289	78	1	an	an	DET
abr-289	78	2	evaluation	evaluation	NOUN
abr-289	78	3	of	of	ADP
abr-289	78	4	those	those	DET
abr-289	78	5	measures	measure	NOUN
abr-289	78	6	is	be	AUX
abr-289	78	7	needed	need	VERB
abr-289	78	8	to	to	PART
abr-289	78	9	accomplish	accomplish	VERB
abr-289	78	10	the	the	DET
abr-289	78	11	purpose	purpose	NOUN
abr-289	78	12	of	of	ADP
abr-289	78	13	this	this	DET
abr-289	78	14	study	study	NOUN
abr-289	78	15	.	.	PUNCT
abr-289	79	1	a	a	DET
abr-289	79	2	basic	basic	ADJ
abr-289	79	3	tenet	tenet	NOUN
abr-289	79	4	of	of	ADP
abr-289	79	5	this	this	DET
abr-289	79	6	study	study	NOUN
abr-289	79	7	is	be	AUX
abr-289	79	8	that	that	SCONJ
abr-289	79	9	all	all	DET
abr-289	79	10	investors	investor	NOUN
abr-289	79	11	trade	trade	NOUN
abr-289	79	12	-	-	PUNCT
abr-289	79	13	off	off	ADP
abr-289	79	14	indicators	indicator	NOUN
abr-289	79	15	of	of	ADP
abr-289	79	16	risk	risk	NOUN
abr-289	79	17	and	and	CCONJ
abr-289	79	18	return	return	NOUN
abr-289	79	19	,	,	PUNCT
abr-289	79	20	and	and	CCONJ
abr-289	79	21	their	their	PRON
abr-289	79	22	perception	perception	NOUN
abr-289	79	23	of	of	ADP
abr-289	79	24	risk	risk	NOUN
abr-289	79	25	and	and	CCONJ
abr-289	79	26	return	return	VERB
abr-289	79	27	to	to	PART
abr-289	79	28	establish	establish	VERB
abr-289	79	29	the	the	DET
abr-289	79	30	value	value	NOUN
abr-289	79	31	of	of	ADP
abr-289	79	32	the	the	DET
abr-289	79	33	firms	firm	NOUN
abr-289	79	34	.	.	PUNCT
abr-289	80	1	following	follow	VERB
abr-289	80	2	are	be	AUX
abr-289	80	3	the	the	DET
abr-289	80	4	ten	ten	NUM
abr-289	80	5	explanatory	explanatory	ADJ
abr-289	80	6	variables	variable	NOUN
abr-289	80	7	:	:	PUNCT
abr-289	80	8	x1	x1	PRON
abr-289	80	9	sales	sale	NOUN
abr-289	80	10	is	be	AUX
abr-289	80	11	included	include	VERB
abr-289	80	12	as	as	ADP
abr-289	80	13	a	a	DET
abr-289	80	14	measure	measure	NOUN
abr-289	80	15	of	of	ADP
abr-289	80	16	the	the	DET
abr-289	80	17	size	size	NOUN
abr-289	80	18	of	of	ADP
abr-289	80	19	the	the	DET
abr-289	80	20	firm	firm	NOUN
abr-289	80	21	.	.	PUNCT
abr-289	81	1	market	market	NOUN
abr-289	81	2	capitalization	capitalization	NOUN
abr-289	81	3	is	be	AUX
abr-289	81	4	commonly	commonly	ADV
abr-289	81	5	used	use	VERB
abr-289	81	6	to	to	PART
abr-289	81	7	measure	measure	VERB
abr-289	81	8	the	the	DET
abr-289	81	9	size	size	NOUN
abr-289	81	10	of	of	ADP
abr-289	81	11	the	the	DET
abr-289	81	12	firm	firm	NOUN
abr-289	81	13	,	,	PUNCT
abr-289	81	14	but	but	CCONJ
abr-289	81	15	in	in	ADP
abr-289	81	16	this	this	DET
abr-289	81	17	case	case	NOUN
abr-289	81	18	,	,	PUNCT
abr-289	81	19	sales	sale	NOUN
abr-289	81	20	is	be	AUX
abr-289	81	21	the	the	DET
abr-289	81	22	better	well	ADJ
abr-289	81	23	measure	measure	NOUN
abr-289	81	24	because	because	SCONJ
abr-289	81	25	it	it	PRON
abr-289	81	26	is	be	AUX
abr-289	81	27	more	more	ADV
abr-289	81	28	likely	likely	ADV
abr-289	81	29	affected	affect	VERB
abr-289	81	30	by	by	ADP
abr-289	81	31	strong	strong	ADJ
abr-289	81	32	economic	economic	ADJ
abr-289	81	33	growth	growth	NOUN
abr-289	81	34	.	.	PUNCT
abr-289	82	1	the	the	DET
abr-289	82	2	literature	literature	NOUN
abr-289	82	3	is	be	AUX
abr-289	82	4	mixed	mix	VERB
abr-289	82	5	on	on	ADP
abr-289	82	6	whether	whether	SCONJ
abr-289	82	7	the	the	DET
abr-289	82	8	size	size	NOUN
abr-289	82	9	of	of	ADP
abr-289	82	10	the	the	DET
abr-289	82	11	firm	firm	NOUN
abr-289	82	12	is	be	AUX
abr-289	82	13	a	a	DET
abr-289	82	14	factor	factor	NOUN
abr-289	82	15	in	in	ADP
abr-289	82	16	establishing	establish	VERB
abr-289	82	17	technical	technical	ADJ
abr-289	82	18	value	value	NOUN
abr-289	82	19	for	for	ADP
abr-289	82	20	investment	investment	NOUN
abr-289	82	21	.	.	PUNCT
abr-289	83	1	thus	thus	ADV
abr-289	83	2	,	,	PUNCT
abr-289	83	3	it	it	PRON
abr-289	83	4	is	be	AUX
abr-289	83	5	included	include	VERB
abr-289	83	6	in	in	ADP
abr-289	83	7	the	the	DET
abr-289	83	8	set	set	NOUN
abr-289	83	9	in	in	ADP
abr-289	83	10	an	an	DET
abr-289	83	11	attempt	attempt	NOUN
abr-289	83	12	to	to	PART
abr-289	83	13	add	add	VERB
abr-289	83	14	clarity	clarity	NOUN
abr-289	83	15	.	.	PUNCT
abr-289	84	1	x2	x2	PROPN
abr-289	84	2	return	return	VERB
abr-289	84	3	to	to	ADP
abr-289	84	4	total	total	ADJ
abr-289	84	5	capital	capital	NOUN
abr-289	84	6	is	be	AUX
abr-289	84	7	used	use	VERB
abr-289	84	8	as	as	ADP
abr-289	84	9	a	a	DET
abr-289	84	10	measure	measure	NOUN
abr-289	84	11	of	of	ADP
abr-289	84	12	return	return	NOUN
abr-289	84	13	on	on	ADP
abr-289	84	14	investment	investment	NOUN
abr-289	84	15	.	.	PUNCT
abr-289	85	1	it	it	PRON
abr-289	85	2	includes	include	VERB
abr-289	85	3	a	a	DET
abr-289	85	4	return	return	NOUN
abr-289	85	5	to	to	ADP
abr-289	85	6	creditors	creditor	NOUN
abr-289	85	7	as	as	ADV
abr-289	85	8	well	well	ADV
abr-289	85	9	as	as	ADP
abr-289	85	10	owners	owner	NOUN
abr-289	85	11	and	and	CCONJ
abr-289	85	12	recognizes	recognize	VERB
abr-289	85	13	that	that	DET
abr-289	85	14	firm	firm	ADJ
abr-289	85	15	value	value	NOUN
abr-289	85	16	is	be	AUX
abr-289	85	17	affected	affect	VERB
abr-289	85	18	by	by	ADP
abr-289	85	19	the	the	DET
abr-289	85	20	cost	cost	NOUN
abr-289	85	21	of	of	ADP
abr-289	85	22	debt	debt	NOUN
abr-289	85	23	.	.	PUNCT
abr-289	86	1	a	a	DET
abr-289	86	2	measure	measure	NOUN
abr-289	86	3	of	of	ADP
abr-289	86	4	return	return	NOUN
abr-289	86	5	to	to	ADP
abr-289	86	6	equity	equity	NOUN
abr-289	86	7	could	could	AUX
abr-289	86	8	be	be	AUX
abr-289	86	9	used	use	VERB
abr-289	86	10	,	,	PUNCT
abr-289	86	11	but	but	CCONJ
abr-289	86	12	it	it	PRON
abr-289	86	13	would	would	AUX
abr-289	86	14	ignore	ignore	VERB
abr-289	86	15	the	the	DET
abr-289	86	16	cost	cost	NOUN
abr-289	86	17	of	of	ADP
abr-289	86	18	debt	debt	NOUN
abr-289	86	19	and	and	CCONJ
abr-289	86	20	the	the	DET
abr-289	86	21	fact	fact	NOUN
abr-289	86	22	that	that	SCONJ
abr-289	86	23	debt	debt	NOUN
abr-289	86	24	as	as	ADV
abr-289	86	25	well	well	ADV
abr-289	86	26	as	as	ADP
abr-289	86	27	equity	equity	NOUN
abr-289	86	28	finances	finance	NOUN
abr-289	86	29	assets	asset	NOUN
abr-289	86	30	.	.	PUNCT
abr-289	87	1	x3	x3	ADV
abr-289	87	2	there	there	PRON
abr-289	87	3	is	be	VERB
abr-289	87	4	in	in	ADP
abr-289	87	5	any	any	DET
abr-289	87	6	company	company	NOUN
abr-289	87	7	,	,	PUNCT
abr-289	87	8	both	both	DET
abr-289	87	9	financial	financial	ADJ
abr-289	87	10	risk	risk	NOUN
abr-289	87	11	(	(	PUNCT
abr-289	87	12	financial	financial	ADJ
abr-289	87	13	leverage	leverage	NOUN
abr-289	87	14	)	)	PUNCT
abr-289	87	15	and	and	CCONJ
abr-289	87	16	operating	operate	VERB
abr-289	87	17	risk	risk	NOUN
abr-289	87	18	(	(	PUNCT
abr-289	87	19	operating	operating	NOUN
abr-289	87	20	leverage	leverage	NOUN
abr-289	87	21	)	)	PUNCT
abr-289	87	22	.	.	PUNCT
abr-289	88	1	sharpe	sharpe	PROPN
abr-289	88	2	’s	’s	PART
abr-289	88	3	beta	beta	ADJ
abr-289	88	4	coefficients	coefficient	NOUN
abr-289	88	5	contain	contain	VERB
abr-289	88	6	the	the	DET
abr-289	88	7	effects	effect	NOUN
abr-289	88	8	of	of	ADP
abr-289	88	9	both	both	DET
abr-289	88	10	operating	operate	VERB
abr-289	88	11	and	and	CCONJ
abr-289	88	12	financial	financial	ADJ
abr-289	88	13	risk	risk	NOUN
abr-289	88	14	.	.	PUNCT
abr-289	89	1	it	it	PRON
abr-289	89	2	is	be	AUX
abr-289	89	3	customary	customary	ADJ
abr-289	89	4	in	in	ADP
abr-289	89	5	modern	modern	ADJ
abr-289	89	6	research	research	NOUN
abr-289	89	7	to	to	PART
abr-289	89	8	separate	separate	VERB
abr-289	89	9	the	the	DET
abr-289	89	10	two	two	NUM
abr-289	89	11	types	type	NOUN
abr-289	89	12	of	of	ADP
abr-289	89	13	risk	risk	NOUN
abr-289	89	14	to	to	PART
abr-289	89	15	identify	identify	VERB
abr-289	89	16	and	and	CCONJ
abr-289	89	17	compare	compare	VERB
abr-289	89	18	the	the	DET
abr-289	89	19	sources	source	NOUN
abr-289	89	20	of	of	ADP
abr-289	89	21	risk	risk	NOUN
abr-289	89	22	.	.	PUNCT
abr-289	90	1	the	the	DET
abr-289	90	2	separation	separation	NOUN
abr-289	90	3	is	be	AUX
abr-289	90	4	accomplished	accomplish	VERB
abr-289	90	5	by	by	ADP
abr-289	90	6	using	use	VERB
abr-289	90	7	hamada	hamada	PROPN
abr-289	90	8	’s	’s	PART
abr-289	90	9	(	(	PUNCT
abr-289	90	10	1972	1972	NUM
abr-289	90	11	)	)	PUNCT
abr-289	90	12	equation	equation	NOUN
abr-289	90	13	to	to	PART
abr-289	90	14	unlever	unlever	VERB
abr-289	90	15	the	the	DET
abr-289	90	16	published	publish	VERB
abr-289	90	17	betas	beta	NOUN
abr-289	90	18	.	.	PUNCT
abr-289	91	1	the	the	DET
abr-289	91	2	unlevered	unlevered	ADJ
abr-289	91	3	beta	beta	NOUN
abr-289	91	4	resulting	result	VERB
abr-289	91	5	from	from	ADP
abr-289	91	6	hamada	hamada	PROPN
abr-289	91	7	’s	’s	PART
abr-289	91	8	equation	equation	NOUN
abr-289	91	9	is	be	AUX
abr-289	91	10	used	use	VERB
abr-289	91	11	as	as	ADP
abr-289	91	12	a	a	DET
abr-289	91	13	measure	measure	NOUN
abr-289	91	14	of	of	ADP
abr-289	91	15	operating	operating	NOUN
abr-289	91	16	or	or	CCONJ
abr-289	91	17	business	business	NOUN
abr-289	91	18	risk	risk	NOUN
abr-289	91	19	that	that	PRON
abr-289	91	20	results	result	VERB
abr-289	91	21	from	from	ADP
abr-289	91	22	fixed	fix	VERB
abr-289	91	23	operating	operating	NOUN
abr-289	91	24	costs	cost	NOUN
abr-289	91	25	,	,	PUNCT
abr-289	91	26	and	and	CCONJ
abr-289	91	27	the	the	DET
abr-289	91	28	debt	debt	NOUN
abr-289	91	29	74	74	NUM
abr-289	91	30	to	to	PART
abr-289	91	31	total	total	ADJ
abr-289	91	32	capital	capital	NOUN
abr-289	91	33	ratio	ratio	NOUN
abr-289	91	34	is	be	AUX
abr-289	91	35	usually	usually	ADV
abr-289	91	36	used	use	VERB
abr-289	91	37	as	as	ADP
abr-289	91	38	a	a	DET
abr-289	91	39	measure	measure	NOUN
abr-289	91	40	of	of	ADP
abr-289	91	41	financial	financial	ADJ
abr-289	91	42	leverage	leverage	NOUN
abr-289	91	43	(	(	PUNCT
abr-289	91	44	risk	risk	NOUN
abr-289	91	45	)	)	PUNCT
abr-289	91	46	(	(	PUNCT
abr-289	91	47	van	van	PROPN
abr-289	91	48	horne	horne	PROPN
abr-289	91	49	2001	2001	NUM
abr-289	91	50	;	;	PUNCT
abr-289	91	51	brigham	brigham	PROPN
abr-289	91	52	&	&	CCONJ
abr-289	91	53	daves	daves	PROPN
abr-289	91	54	,	,	PUNCT
abr-289	91	55	2006	2006	NUM
abr-289	91	56	)	)	PUNCT
abr-289	91	57	.	.	PUNCT
abr-289	92	1	x4	x4	PROPN
abr-289	92	2	long	long	ADJ
abr-289	92	3	term	term	NOUN
abr-289	92	4	debt	debt	NOUN
abr-289	92	5	to	to	ADP
abr-289	92	6	total	total	ADJ
abr-289	92	7	capital	capital	NOUN
abr-289	92	8	(	(	PUNCT
abr-289	92	9	dtc	dtc	PROPN
abr-289	92	10	)	)	PUNCT
abr-289	92	11	is	be	AUX
abr-289	92	12	used	use	VERB
abr-289	92	13	here	here	ADV
abr-289	92	14	as	as	ADP
abr-289	92	15	a	a	DET
abr-289	92	16	measure	measure	NOUN
abr-289	92	17	of	of	ADP
abr-289	92	18	financial	financial	ADJ
abr-289	92	19	risk	risk	NOUN
abr-289	92	20	(	(	PUNCT
abr-289	92	21	financial	financial	ADJ
abr-289	92	22	leverage	leverage	NOUN
abr-289	92	23	)	)	PUNCT
abr-289	92	24	.	.	PUNCT
abr-289	93	1	there	there	PRON
abr-289	93	2	are	be	VERB
abr-289	93	3	other	other	ADJ
abr-289	93	4	ratios	ratio	NOUN
abr-289	93	5	that	that	PRON
abr-289	93	6	measure	measure	VERB
abr-289	93	7	financial	financial	ADJ
abr-289	93	8	risk	risk	NOUN
abr-289	93	9	very	very	ADV
abr-289	93	10	well	well	ADV
abr-289	93	11	.	.	PUNCT
abr-289	94	1	however	however	ADV
abr-289	94	2	,	,	PUNCT
abr-289	94	3	the	the	DET
abr-289	94	4	debt	debt	NOUN
abr-289	94	5	to	to	ADP
abr-289	94	6	total	total	ADJ
abr-289	94	7	capital	capital	NOUN
abr-289	94	8	ratio	ratio	NOUN
abr-289	94	9	again	again	ADV
abr-289	94	10	recognizes	recognize	VERB
abr-289	94	11	that	that	SCONJ
abr-289	94	12	the	the	DET
abr-289	94	13	firm	firm	NOUN
abr-289	94	14	is	be	AUX
abr-289	94	15	financed	finance	VERB
abr-289	94	16	by	by	ADP
abr-289	94	17	creditors	creditor	NOUN
abr-289	94	18	as	as	ADV
abr-289	94	19	well	well	ADV
abr-289	94	20	as	as	ADP
abr-289	94	21	owners	owner	NOUN
abr-289	94	22	.	.	PUNCT
abr-289	95	1	x5	x5	NOUN
abr-289	95	2	the	the	DET
abr-289	95	3	fifth	fifth	ADJ
abr-289	95	4	explanatory	explanatory	ADJ
abr-289	95	5	variable	variable	NOUN
abr-289	95	6	is	be	AUX
abr-289	95	7	capital	capital	NOUN
abr-289	95	8	spending	spending	NOUN
abr-289	95	9	per	per	ADP
abr-289	95	10	share	share	NOUN
abr-289	95	11	.	.	PUNCT
abr-289	96	1	the	the	DET
abr-289	96	2	data	datum	NOUN
abr-289	96	3	gathered	gather	VERB
abr-289	96	4	from	from	ADP
abr-289	96	5	this	this	DET
abr-289	96	6	study	study	NOUN
abr-289	96	7	were	be	AUX
abr-289	96	8	gathered	gather	VERB
abr-289	96	9	from	from	ADP
abr-289	96	10	the	the	DET
abr-289	96	11	period	period	NOUN
abr-289	96	12	four	four	NUM
abr-289	96	13	years	year	NOUN
abr-289	96	14	preceding	precede	VERB
abr-289	96	15	this	this	DET
abr-289	96	16	study	study	NOUN
abr-289	96	17	.	.	PUNCT
abr-289	97	1	it	it	PRON
abr-289	97	2	is	be	AUX
abr-289	97	3	expected	expect	VERB
abr-289	97	4	that	that	SCONJ
abr-289	97	5	in	in	ADP
abr-289	97	6	periods	period	NOUN
abr-289	97	7	of	of	ADP
abr-289	97	8	strong	strong	ADJ
abr-289	97	9	economic	economic	ADJ
abr-289	97	10	growth	growth	NOUN
abr-289	97	11	,	,	PUNCT
abr-289	97	12	all	all	DET
abr-289	97	13	firms	firm	NOUN
abr-289	97	14	would	would	AUX
abr-289	97	15	increase	increase	VERB
abr-289	97	16	capital	capital	NOUN
abr-289	97	17	expenditures	expenditure	NOUN
abr-289	97	18	.	.	PUNCT
abr-289	98	1	it	it	PRON
abr-289	98	2	will	will	AUX
abr-289	98	3	be	be	AUX
abr-289	98	4	informative	informative	ADJ
abr-289	98	5	to	to	PART
abr-289	98	6	determine	determine	VERB
abr-289	98	7	if	if	SCONJ
abr-289	98	8	,	,	PUNCT
abr-289	98	9	indeed	indeed	ADV
abr-289	98	10	,	,	PUNCT
abr-289	98	11	firms	firm	NOUN
abr-289	98	12	that	that	PRON
abr-289	98	13	have	have	AUX
abr-289	98	14	achieved	achieve	VERB
abr-289	98	15	high	high	ADJ
abr-289	98	16	technical	technical	ADJ
abr-289	98	17	ratings	rating	NOUN
abr-289	98	18	have	have	AUX
abr-289	98	19	increased	increase	VERB
abr-289	98	20	their	their	PRON
abr-289	98	21	capital	capital	NOUN
abr-289	98	22	spending	spending	NOUN
abr-289	98	23	beyond	beyond	ADP
abr-289	98	24	that	that	PRON
abr-289	98	25	of	of	ADP
abr-289	98	26	firms	firm	NOUN
abr-289	98	27	selected	select	VERB
abr-289	98	28	randomly	randomly	ADV
abr-289	98	29	.	.	PUNCT
abr-289	99	1	it	it	PRON
abr-289	99	2	has	have	AUX
abr-289	99	3	been	be	AUX
abr-289	99	4	written	write	VERB
abr-289	99	5	that	that	SCONJ
abr-289	99	6	while	while	SCONJ
abr-289	99	7	the	the	DET
abr-289	99	8	price	price	NOUN
abr-289	99	9	-	-	PUNCT
abr-289	99	10	earnings	earning	NOUN
abr-289	99	11	multiple	multiple	NOUN
abr-289	99	12	is	be	AUX
abr-289	99	13	a	a	DET
abr-289	99	14	rough	rough	ADJ
abr-289	99	15	measure	measure	NOUN
abr-289	99	16	of	of	ADP
abr-289	99	17	the	the	DET
abr-289	99	18	value	value	NOUN
abr-289	99	19	as	as	ADP
abr-289	99	20	a	a	DET
abr-289	99	21	function	function	NOUN
abr-289	99	22	of	of	ADP
abr-289	99	23	past	past	ADJ
abr-289	99	24	earnings	earning	NOUN
abr-289	99	25	,	,	PUNCT
abr-289	99	26	the	the	DET
abr-289	99	27	capital	capital	NOUN
abr-289	99	28	spending	spending	NOUN
abr-289	99	29	to	to	ADP
abr-289	99	30	earnings	earning	NOUN
abr-289	99	31	ratio	ratio	NOUN
abr-289	99	32	may	may	AUX
abr-289	99	33	be	be	AUX
abr-289	99	34	regarded	regard	VERB
abr-289	99	35	as	as	ADP
abr-289	99	36	an	an	DET
abr-289	99	37	indicator	indicator	NOUN
abr-289	99	38	of	of	ADP
abr-289	99	39	future	future	ADJ
abr-289	99	40	value	value	NOUN
abr-289	99	41	(	(	PUNCT
abr-289	99	42	payne	payne	PROPN
abr-289	99	43	,	,	PUNCT
abr-289	99	44	2010	2010	NUM
abr-289	99	45	)	)	PUNCT
abr-289	99	46	.	.	PUNCT
abr-289	100	1	x6	x6	NOUN
abr-289	100	2	for	for	ADP
abr-289	100	3	both	both	PRON
abr-289	100	4	individual	individual	ADJ
abr-289	100	5	investors	investor	NOUN
abr-289	100	6	and	and	CCONJ
abr-289	100	7	investment	investment	NOUN
abr-289	100	8	companies	company	NOUN
abr-289	100	9	,	,	PUNCT
abr-289	100	10	safety	safety	NOUN
abr-289	100	11	is	be	AUX
abr-289	100	12	an	an	DET
abr-289	100	13	important	important	ADJ
abr-289	100	14	criterion	criterion	NOUN
abr-289	100	15	.	.	PUNCT
abr-289	101	1	the	the	DET
abr-289	101	2	value	value	NOUN
abr-289	101	3	line	line	NOUN
abr-289	101	4	rank	rank	NOUN
abr-289	101	5	for	for	ADP
abr-289	101	6	safety	safety	NOUN
abr-289	101	7	is	be	AUX
abr-289	101	8	assigned	assign	VERB
abr-289	101	9	to	to	ADP
abr-289	101	10	each	each	PRON
abr-289	101	11	of	of	ADP
abr-289	101	12	the	the	DET
abr-289	101	13	approximately	approximately	ADV
abr-289	101	14	1,700	1,700	NUM
abr-289	101	15	companies	company	NOUN
abr-289	101	16	in	in	ADP
abr-289	101	17	their	their	PRON
abr-289	101	18	database	database	NOUN
abr-289	101	19	.	.	PUNCT
abr-289	102	1	it	it	PRON
abr-289	102	2	measures	measure	VERB
abr-289	102	3	the	the	DET
abr-289	102	4	total	total	ADJ
abr-289	102	5	risk	risk	NOUN
abr-289	102	6	of	of	ADP
abr-289	102	7	a	a	DET
abr-289	102	8	stock	stock	NOUN
abr-289	102	9	relative	relative	ADJ
abr-289	102	10	to	to	ADP
abr-289	102	11	the	the	DET
abr-289	102	12	approximately	approximately	ADV
abr-289	102	13	1,700	1,700	NUM
abr-289	102	14	other	other	ADJ
abr-289	102	15	stocks	stock	NOUN
abr-289	102	16	.	.	PUNCT
abr-289	103	1	it	it	PRON
abr-289	103	2	is	be	AUX
abr-289	103	3	included	include	VERB
abr-289	103	4	here	here	ADV
abr-289	103	5	to	to	PART
abr-289	103	6	answer	answer	VERB
abr-289	103	7	whether	whether	SCONJ
abr-289	103	8	a	a	DET
abr-289	103	9	measure	measure	NOUN
abr-289	103	10	of	of	ADP
abr-289	103	11	safety	safety	NOUN
abr-289	103	12	is	be	AUX
abr-289	103	13	in	in	ADP
abr-289	103	14	any	any	DET
abr-289	103	15	way	way	NOUN
abr-289	103	16	associate	associate	NOUN
abr-289	103	17	with	with	ADP
abr-289	103	18	technical	technical	ADJ
abr-289	103	19	ratings	rating	NOUN
abr-289	103	20	.	.	PUNCT
abr-289	104	1	x7	x7	NOUN
abr-289	104	2	just	just	ADV
abr-289	104	3	as	as	SCONJ
abr-289	104	4	safety	safety	NOUN
abr-289	104	5	is	be	AUX
abr-289	104	6	an	an	DET
abr-289	104	7	essential	essential	ADJ
abr-289	104	8	criterion	criterion	NOUN
abr-289	104	9	for	for	ADP
abr-289	104	10	both	both	PRON
abr-289	104	11	individual	individual	ADJ
abr-289	104	12	investors	investor	NOUN
abr-289	104	13	and	and	CCONJ
abr-289	104	14	companies	company	NOUN
abr-289	104	15	considering	consider	VERB
abr-289	104	16	an	an	DET
abr-289	104	17	investment	investment	NOUN
abr-289	104	18	,	,	PUNCT
abr-289	104	19	the	the	DET
abr-289	104	20	financial	financial	ADJ
abr-289	104	21	strength	strength	NOUN
abr-289	104	22	of	of	ADP
abr-289	104	23	a	a	DET
abr-289	104	24	company	company	NOUN
abr-289	104	25	is	be	AUX
abr-289	104	26	almost	almost	ADV
abr-289	104	27	certainly	certainly	ADV
abr-289	104	28	a	a	DET
abr-289	104	29	prime	prime	ADJ
abr-289	104	30	consideration	consideration	NOUN
abr-289	104	31	.	.	PUNCT
abr-289	105	1	the	the	DET
abr-289	105	2	purpose	purpose	NOUN
abr-289	105	3	here	here	ADV
abr-289	105	4	is	be	AUX
abr-289	105	5	to	to	PART
abr-289	105	6	determine	determine	VERB
abr-289	105	7	whether	whether	SCONJ
abr-289	105	8	the	the	DET
abr-289	105	9	financial	financial	ADJ
abr-289	105	10	strength	strength	NOUN
abr-289	105	11	of	of	ADP
abr-289	105	12	a	a	DET
abr-289	105	13	company	company	NOUN
abr-289	105	14	is	be	AUX
abr-289	105	15	in	in	ADP
abr-289	105	16	any	any	DET
abr-289	105	17	way	way	NOUN
abr-289	105	18	associated	associate	VERB
abr-289	105	19	with	with	ADP
abr-289	105	20	technical	technical	ADJ
abr-289	105	21	analysis	analysis	NOUN
abr-289	105	22	.	.	PUNCT
abr-289	106	1	x8	x8	PROPN
abr-289	106	2	value	value	NOUN
abr-289	106	3	line	line	NOUN
abr-289	106	4	’s	’s	PART
abr-289	106	5	price	price	NOUN
abr-289	106	6	predictability	predictability	NOUN
abr-289	106	7	statistic	statistic	NOUN
abr-289	106	8	for	for	ADP
abr-289	106	9	all	all	DET
abr-289	106	10	firms	firm	NOUN
abr-289	106	11	in	in	ADP
abr-289	106	12	their	their	PRON
abr-289	106	13	database	database	NOUN
abr-289	106	14	is	be	AUX
abr-289	106	15	related	relate	VERB
abr-289	106	16	to	to	ADP
abr-289	106	17	potential	potential	ADJ
abr-289	106	18	return	return	NOUN
abr-289	106	19	on	on	ADP
abr-289	106	20	investment	investment	NOUN
abr-289	106	21	and	and	CCONJ
abr-289	106	22	,	,	PUNCT
abr-289	106	23	if	if	SCONJ
abr-289	106	24	positive	positive	ADJ
abr-289	106	25	,	,	PUNCT
abr-289	106	26	should	should	AUX
abr-289	106	27	be	be	AUX
abr-289	106	28	related	relate	VERB
abr-289	106	29	to	to	ADP
abr-289	106	30	high	high	ADJ
abr-289	106	31	technical	technical	ADJ
abr-289	106	32	ratings	rating	NOUN
abr-289	106	33	.	.	PUNCT
abr-289	107	1	the	the	DET
abr-289	107	2	price	price	NOUN
abr-289	107	3	predictability	predictability	NOUN
abr-289	107	4	statistic	statistic	NOUN
abr-289	107	5	is	be	AUX
abr-289	107	6	based	base	VERB
abr-289	107	7	on	on	ADP
abr-289	107	8	the	the	DET
abr-289	107	9	stability	stability	NOUN
abr-289	107	10	of	of	ADP
abr-289	107	11	year	year	NOUN
abr-289	107	12	-	-	PUNCT
abr-289	107	13	to	to	ADP
abr-289	107	14	-	-	PUNCT
abr-289	107	15	year	year	NOUN
abr-289	107	16	earnings	earning	NOUN
abr-289	107	17	comparisons	comparison	NOUN
abr-289	107	18	,	,	PUNCT
abr-289	107	19	with	with	ADP
abr-289	107	20	recent	recent	ADJ
abr-289	107	21	years	year	NOUN
abr-289	107	22	being	be	AUX
abr-289	107	23	weighted	weight	VERB
abr-289	107	24	more	more	ADV
abr-289	107	25	heavily	heavily	ADV
abr-289	107	26	than	than	ADP
abr-289	107	27	earlier	early	ADJ
abr-289	107	28	ones	one	NOUN
abr-289	107	29	.	.	PUNCT
abr-289	108	1	the	the	DET
abr-289	108	2	ratings	rating	NOUN
abr-289	108	3	range	range	VERB
abr-289	108	4	from	from	ADP
abr-289	108	5	5	5	NUM
abr-289	108	6	to	to	PART
abr-289	108	7	100	100	NUM
abr-289	108	8	and	and	CCONJ
abr-289	108	9	are	be	AUX
abr-289	108	10	derived	derive	VERB
abr-289	108	11	from	from	ADP
abr-289	108	12	the	the	DET
abr-289	108	13	standard	standard	ADJ
abr-289	108	14	deviation	deviation	NOUN
abr-289	108	15	of	of	ADP
abr-289	108	16	percentage	percentage	NOUN
abr-289	108	17	changes	change	NOUN
abr-289	108	18	in	in	ADP
abr-289	108	19	quarterly	quarterly	ADJ
abr-289	108	20	earnings	earning	NOUN
abr-289	108	21	over	over	ADP
abr-289	108	22	eight	eight	NUM
abr-289	108	23	years	year	NOUN
abr-289	108	24	(	(	PUNCT
abr-289	108	25	value	value	NOUN
abr-289	108	26	line	line	NOUN
abr-289	108	27	pro	pro	ADJ
abr-289	108	28	,	,	PUNCT
abr-289	108	29	2019	2019	NUM
abr-289	108	30	)	)	PUNCT
abr-289	108	31	.	.	PUNCT
abr-289	109	1	x9	x9	NOUN
abr-289	109	2	the	the	DET
abr-289	109	3	value	value	NOUN
abr-289	109	4	line	line	NOUN
abr-289	109	5	timeliness	timeliness	NOUN
abr-289	109	6	screen	screen	NOUN
abr-289	109	7	ranks	rank	VERB
abr-289	109	8	a	a	DET
abr-289	109	9	stock	stock	NOUN
abr-289	109	10	's	's	PART
abr-289	109	11	probable	probable	ADJ
abr-289	109	12	market	market	NOUN
abr-289	109	13	performance	performance	NOUN
abr-289	109	14	one	one	NUM
abr-289	109	15	year	year	NOUN
abr-289	109	16	in	in	ADP
abr-289	109	17	advance	advance	NOUN
abr-289	109	18	.	.	PUNCT
abr-289	110	1	all	all	DET
abr-289	110	2	1700	1700	NUM
abr-289	110	3	stocks	stock	NOUN
abr-289	110	4	in	in	ADP
abr-289	110	5	the	the	DET
abr-289	110	6	value	value	NOUN
abr-289	110	7	line	line	NOUN
abr-289	110	8	database	database	NOUN
abr-289	110	9	receive	receive	VERB
abr-289	110	10	a	a	DET
abr-289	110	11	timeliness	timeliness	NOUN
abr-289	110	12	ranking	rank	VERB
abr-289	110	13	from	from	ADP
abr-289	110	14	number	number	NOUN
abr-289	110	15	one	one	NUM
abr-289	110	16	,	,	PUNCT
abr-289	110	17	for	for	SCONJ
abr-289	110	18	companies	company	NOUN
abr-289	110	19	ranked	rank	VERB
abr-289	110	20	the	the	DET
abr-289	110	21	highest	high	ADJ
abr-289	110	22	for	for	ADP
abr-289	110	23	potential	potential	ADJ
abr-289	110	24	positive	positive	ADJ
abr-289	110	25	movement	movement	NOUN
abr-289	110	26	to	to	PART
abr-289	110	27	number	number	VERB
abr-289	110	28	five	five	NUM
abr-289	110	29	,	,	PUNCT
abr-289	110	30	those	those	DET
abr-289	110	31	companies	company	NOUN
abr-289	110	32	ranked	rank	VERB
abr-289	110	33	lowest	low	ADJ
abr-289	110	34	for	for	ADP
abr-289	110	35	timely	timely	ADJ
abr-289	110	36	investments	investment	NOUN
abr-289	110	37	.	.	PUNCT
abr-289	111	1	the	the	DET
abr-289	111	2	ranking	ranking	ADJ
abr-289	111	3	score	score	NOUN
abr-289	111	4	is	be	AUX
abr-289	111	5	derived	derive	VERB
abr-289	111	6	by	by	ADP
abr-289	111	7	value	value	NOUN
abr-289	111	8	line	line	NOUN
abr-289	111	9	via	via	ADP
abr-289	111	10	a	a	DET
abr-289	111	11	proprietary	proprietary	ADJ
abr-289	111	12	computer	computer	NOUN
abr-289	111	13	program	program	NOUN
abr-289	111	14	using	use	VERB
abr-289	111	15	as	as	ADP
abr-289	111	16	input	input	NOUN
abr-289	111	17	the	the	DET
abr-289	111	18	price	price	NOUN
abr-289	111	19	and	and	CCONJ
abr-289	111	20	earnings	earning	NOUN
abr-289	111	21	history	history	NOUN
abr-289	111	22	,	,	PUNCT
abr-289	111	23	recent	recent	ADJ
abr-289	111	24	price	price	NOUN
abr-289	111	25	and	and	CCONJ
abr-289	111	26	earnings	earning	NOUN
abr-289	111	27	momentum	momentum	NOUN
abr-289	111	28	,	,	PUNCT
abr-289	111	29	and	and	CCONJ
abr-289	111	30	earnings	earning	NOUN
abr-289	111	31	surprises	surprise	NOUN
abr-289	111	32	.	.	PUNCT
abr-289	112	1	the	the	DET
abr-289	112	2	company	company	NOUN
abr-289	112	3	claims	claim	VERB
abr-289	112	4	to	to	PART
abr-289	112	5	have	have	VERB
abr-289	112	6	a	a	DET
abr-289	112	7	proven	prove	VERB
abr-289	112	8	track	track	NOUN
abr-289	112	9	record	record	NOUN
abr-289	112	10	with	with	ADP
abr-289	112	11	the	the	DET
abr-289	112	12	timeliness	timeliness	NOUN
abr-289	112	13	ranking	rank	VERB
abr-289	112	14	system	system	NOUN
abr-289	112	15	since	since	SCONJ
abr-289	112	16	1965	1965	NUM
abr-289	112	17	.	.	PUNCT
abr-289	113	1	timeliness	timeliness	NOUN
abr-289	113	2	is	be	AUX
abr-289	113	3	thus	thus	ADV
abr-289	113	4	included	include	VERB
abr-289	113	5	here	here	ADV
abr-289	113	6	and	and	CCONJ
abr-289	113	7	,	,	PUNCT
abr-289	113	8	if	if	SCONJ
abr-289	113	9	positive	positive	ADJ
abr-289	113	10	,	,	PUNCT
abr-289	113	11	should	should	AUX
abr-289	113	12	be	be	AUX
abr-289	113	13	related	relate	VERB
abr-289	113	14	to	to	ADP
abr-289	113	15	the	the	DET
abr-289	113	16	group	group	NOUN
abr-289	113	17	of	of	ADP
abr-289	113	18	htr	htr	PROPN
abr-289	113	19	firms	firm	NOUN
abr-289	113	20	(	(	PUNCT
abr-289	113	21	value	value	NOUN
abr-289	113	22	line	line	NOUN
abr-289	113	23	pro	pro	ADJ
abr-289	113	24	,	,	PUNCT
abr-289	113	25	2019	2019	NUM
abr-289	113	26	)	)	PUNCT
abr-289	113	27	.	.	PUNCT
abr-289	114	1	x10	x10	ADP
abr-289	114	2	-the	-the	DET
abr-289	114	3	activity	activity	NOUN
abr-289	114	4	of	of	ADP
abr-289	114	5	institutional	institutional	ADJ
abr-289	114	6	investors	investor	NOUN
abr-289	114	7	has	have	AUX
abr-289	114	8	long	long	ADV
abr-289	114	9	been	be	AUX
abr-289	114	10	a	a	DET
abr-289	114	11	favored	favor	VERB
abr-289	114	12	topic	topic	NOUN
abr-289	114	13	in	in	ADP
abr-289	114	14	financial	financial	ADJ
abr-289	114	15	literature	literature	NOUN
abr-289	114	16	.	.	PUNCT
abr-289	115	1	the	the	DET
abr-289	115	2	daily	daily	ADJ
abr-289	115	3	trading	trading	NOUN
abr-289	115	4	of	of	ADP
abr-289	115	5	such	such	ADJ
abr-289	115	6	investors	investor	NOUN
abr-289	115	7	varied	varied	ADJ
abr-289	115	8	during	during	ADP
abr-289	115	9	this	this	DET
abr-289	115	10	period	period	NOUN
abr-289	115	11	between	between	ADP
abr-289	115	12	50	50	NUM
abr-289	115	13	and	and	CCONJ
abr-289	115	14	70	70	NUM
abr-289	115	15	percent	percent	NOUN
abr-289	115	16	of	of	ADP
abr-289	115	17	all	all	DET
abr-289	115	18	daily	daily	ADJ
abr-289	115	19	trading	trading	NOUN
abr-289	115	20	on	on	ADP
abr-289	115	21	the	the	DET
abr-289	115	22	new	new	PROPN
abr-289	115	23	york	york	PROPN
abr-289	115	24	stock	stock	PROPN
abr-289	115	25	exchange	exchange	PROPN
abr-289	115	26	(	(	PUNCT
abr-289	115	27	brancato	brancato	PROPN
abr-289	115	28	&	&	CCONJ
abr-289	115	29	rabimov	rabimov	PROPN
abr-289	115	30	,	,	PUNCT
abr-289	115	31	2008	2008	NUM
abr-289	115	32	)	)	PUNCT
abr-289	115	33	.	.	PUNCT
abr-289	116	1	we	we	PRON
abr-289	116	2	include	include	VERB
abr-289	116	3	the	the	DET
abr-289	116	4	buying	buying	NOUN
abr-289	116	5	activity	activity	NOUN
abr-289	116	6	of	of	ADP
abr-289	116	7	institutional	institutional	ADJ
abr-289	116	8	investors	investor	NOUN
abr-289	116	9	during	during	ADP
abr-289	116	10	this	this	DET
abr-289	116	11	period	period	NOUN
abr-289	116	12	simply	simply	ADV
abr-289	116	13	as	as	ADP
abr-289	116	14	an	an	DET
abr-289	116	15	indicator	indicator	NOUN
abr-289	116	16	of	of	ADP
abr-289	116	17	how	how	SCONJ
abr-289	116	18	the	the	DET
abr-289	116	19	market	market	NOUN
abr-289	116	20	or	or	CCONJ
abr-289	116	21	at	at	ADP
abr-289	116	22	least	least	ADJ
abr-289	116	23	a	a	DET
abr-289	116	24	significant	significant	ADJ
abr-289	116	25	part	part	NOUN
abr-289	116	26	of	of	ADP
abr-289	116	27	the	the	DET
abr-289	116	28	market	market	NOUN
abr-289	116	29	regarded	regard	VERB
abr-289	116	30	those	those	DET
abr-289	116	31	firms	firm	NOUN
abr-289	116	32	.	.	PUNCT
abr-289	117	1	75	75	NUM
abr-289	117	2	in	in	ADP
abr-289	117	3	sum	sum	NOUN
abr-289	117	4	,	,	PUNCT
abr-289	117	5	there	there	PRON
abr-289	117	6	are	be	VERB
abr-289	117	7	ten	ten	NUM
abr-289	117	8	explanatory	explanatory	ADJ
abr-289	117	9	variables	variable	NOUN
abr-289	117	10	in	in	ADP
abr-289	117	11	the	the	DET
abr-289	117	12	multiple	multiple	ADJ
abr-289	117	13	discriminant	discriminant	ADJ
abr-289	117	14	model	model	NOUN
abr-289	117	15	.	.	PUNCT
abr-289	118	1	they	they	PRON
abr-289	118	2	are	be	AUX
abr-289	118	3	as	as	SCONJ
abr-289	118	4	follows	follow	VERB
abr-289	118	5	:	:	PUNCT
abr-289	118	6	x1	x1	PROPN
abr-289	118	7	a	a	DET
abr-289	118	8	measure	measure	NOUN
abr-289	118	9	of	of	ADP
abr-289	118	10	size	size	NOUN
abr-289	118	11	(	(	PUNCT
abr-289	118	12	sales	sale	NOUN
abr-289	118	13	)	)	PUNCT
abr-289	118	14	x2	x2	NOUN
abr-289	118	15	–	–	PUNCT
abr-289	118	16	return	return	NOUN
abr-289	118	17	to	to	ADP
abr-289	118	18	total	total	ADJ
abr-289	118	19	capital	capital	NOUN
abr-289	118	20	x3	x3	PROPN
abr-289	118	21	–	–	PUNCT
abr-289	118	22	hamada	hamada	PROPN
abr-289	118	23	’s	’s	PART
abr-289	118	24	unlevered	unlevered	ADJ
abr-289	118	25	beta	beta	NOUN
abr-289	118	26	(	(	PUNCT
abr-289	118	27	operating	operate	VERB
abr-289	118	28	risk	risk	NOUN
abr-289	118	29	)	)	PUNCT
abr-289	119	1	x4	x4	PROPN
abr-289	119	2	–	–	PUNCT
abr-289	119	3	long	long	ADJ
abr-289	119	4	term	term	NOUN
abr-289	119	5	debt	debt	NOUN
abr-289	119	6	to	to	ADP
abr-289	119	7	total	total	ADJ
abr-289	119	8	capital	capital	NOUN
abr-289	119	9	(	(	PUNCT
abr-289	119	10	financial	financial	ADJ
abr-289	119	11	risk	risk	NOUN
abr-289	119	12	)	)	PUNCT
abr-289	119	13	x5	x5	NOUN
abr-289	119	14	–	–	PUNCT
abr-289	119	15	capital	capital	NOUN
abr-289	119	16	spending	spending	NOUN
abr-289	119	17	per	per	ADP
abr-289	119	18	share	share	NOUN
abr-289	119	19	x6	x6	PROPN
abr-289	119	20	–	–	PUNCT
abr-289	119	21	the	the	DET
abr-289	119	22	value	value	NOUN
abr-289	119	23	line	line	NOUN
abr-289	119	24	measure	measure	NOUN
abr-289	119	25	of	of	ADP
abr-289	119	26	safety	safety	NOUN
abr-289	119	27	of	of	ADP
abr-289	119	28	investment	investment	NOUN
abr-289	119	29	x7	x7	NOUN
abr-289	119	30	–	–	PUNCT
abr-289	119	31	the	the	DET
abr-289	119	32	value	value	NOUN
abr-289	119	33	line	line	NOUN
abr-289	119	34	measure	measure	NOUN
abr-289	119	35	of	of	ADP
abr-289	119	36	financial	financial	ADJ
abr-289	119	37	strength	strength	NOUN
abr-289	119	38	x8	x8	PROPN
abr-289	119	39	–	–	PUNCT
abr-289	119	40	the	the	DET
abr-289	119	41	value	value	NOUN
abr-289	119	42	line	line	NOUN
abr-289	119	43	measure	measure	NOUN
abr-289	119	44	of	of	ADP
abr-289	119	45	price	price	NOUN
abr-289	119	46	predictability	predictability	NOUN
abr-289	119	47	x9	x9	NOUN
abr-289	119	48	–	–	PUNCT
abr-289	119	49	the	the	DET
abr-289	119	50	value	value	NOUN
abr-289	119	51	line	line	NOUN
abr-289	119	52	measure	measure	NOUN
abr-289	119	53	of	of	ADP
abr-289	119	54	timeliness	timeliness	NOUN
abr-289	119	55	for	for	ADP
abr-289	119	56	investment	investment	NOUN
abr-289	119	57	x10	x10	X
abr-289	119	58	–	–	PUNCT
abr-289	119	59	institutional	institutional	ADJ
abr-289	119	60	buying	buying	NOUN
abr-289	119	61	activity	activity	NOUN
abr-289	119	62	the	the	DET
abr-289	119	63	explanatory	explanatory	ADJ
abr-289	119	64	variable	variable	ADJ
abr-289	119	65	profile	profile	NOUN
abr-289	119	66	contains	contain	VERB
abr-289	119	67	basic	basic	ADJ
abr-289	119	68	measures	measure	NOUN
abr-289	119	69	of	of	ADP
abr-289	119	70	standard	standard	ADJ
abr-289	119	71	financial	financial	ADJ
abr-289	119	72	variables	variable	NOUN
abr-289	119	73	.	.	PUNCT
abr-289	120	1	they	they	PRON
abr-289	120	2	were	be	AUX
abr-289	120	3	chosen	choose	VERB
abr-289	120	4	,	,	PUNCT
abr-289	120	5	as	as	ADP
abr-289	120	6	in	in	ADP
abr-289	120	7	any	any	DET
abr-289	120	8	experimental	experimental	ADJ
abr-289	120	9	design	design	NOUN
abr-289	120	10	,	,	PUNCT
abr-289	120	11	because	because	SCONJ
abr-289	120	12	of	of	ADP
abr-289	120	13	their	their	PRON
abr-289	120	14	consistency	consistency	NOUN
abr-289	120	15	with	with	ADP
abr-289	120	16	theory	theory	NOUN
abr-289	120	17	,	,	PUNCT
abr-289	120	18	adequacy	adequacy	NOUN
abr-289	120	19	in	in	ADP
abr-289	120	20	measurement	measurement	NOUN
abr-289	120	21	,	,	PUNCT
abr-289	120	22	the	the	DET
abr-289	120	23	extent	extent	NOUN
abr-289	120	24	to	to	PART
abr-289	120	25	which	which	PRON
abr-289	120	26	they	they	PRON
abr-289	120	27	have	have	AUX
abr-289	120	28	been	be	AUX
abr-289	120	29	used	use	VERB
abr-289	120	30	in	in	ADP
abr-289	120	31	previous	previous	ADJ
abr-289	120	32	studies	study	NOUN
abr-289	120	33	,	,	PUNCT
abr-289	120	34	and	and	CCONJ
abr-289	120	35	their	their	PRON
abr-289	120	36	availability	availability	NOUN
abr-289	120	37	from	from	ADP
abr-289	120	38	a	a	DET
abr-289	120	39	reputable	reputable	ADJ
abr-289	120	40	source	source	NOUN
abr-289	120	41	.	.	PUNCT
abr-289	121	1	when	when	SCONJ
abr-289	121	2	there	there	PRON
abr-289	121	3	are	be	VERB
abr-289	121	4	a	a	DET
abr-289	121	5	large	large	ADJ
abr-289	121	6	number	number	NOUN
abr-289	121	7	of	of	ADP
abr-289	121	8	potential	potential	ADJ
abr-289	121	9	independent	independent	ADJ
abr-289	121	10	variables	variable	NOUN
abr-289	121	11	that	that	PRON
abr-289	121	12	can	can	AUX
abr-289	121	13	be	be	AUX
abr-289	121	14	used	use	VERB
abr-289	121	15	,	,	PUNCT
abr-289	121	16	the	the	DET
abr-289	121	17	general	general	ADJ
abr-289	121	18	approach	approach	NOUN
abr-289	121	19	is	be	AUX
abr-289	121	20	to	to	PART
abr-289	121	21	use	use	VERB
abr-289	121	22	the	the	DET
abr-289	121	23	fewest	few	ADJ
abr-289	121	24	number	number	NOUN
abr-289	121	25	of	of	ADP
abr-289	121	26	independent	independent	ADJ
abr-289	121	27	variables	variable	NOUN
abr-289	121	28	that	that	PRON
abr-289	121	29	account	account	VERB
abr-289	121	30	for	for	ADP
abr-289	121	31	a	a	DET
abr-289	121	32	sufficiently	sufficiently	ADV
abr-289	121	33	large	large	ADJ
abr-289	121	34	portion	portion	NOUN
abr-289	121	35	of	of	ADP
abr-289	121	36	the	the	DET
abr-289	121	37	discrimination	discrimination	NOUN
abr-289	121	38	procedure	procedure	NOUN
abr-289	121	39	(	(	PUNCT
abr-289	121	40	zaiontz	zaiontz	PROPN
abr-289	121	41	,	,	PUNCT
abr-289	121	42	2014	2014	NUM
abr-289	121	43	)	)	PUNCT
abr-289	121	44	.	.	PUNCT
abr-289	122	1	the	the	DET
abr-289	122	2	more	more	ADV
abr-289	122	3	accepted	accepted	ADJ
abr-289	122	4	practice	practice	NOUN
abr-289	122	5	is	be	AUX
abr-289	122	6	to	to	PART
abr-289	122	7	use	use	VERB
abr-289	122	8	only	only	ADV
abr-289	122	9	the	the	DET
abr-289	122	10	variables	variable	NOUN
abr-289	122	11	that	that	PRON
abr-289	122	12	logically	logically	ADV
abr-289	122	13	contribute	contribute	VERB
abr-289	122	14	to	to	ADP
abr-289	122	15	the	the	DET
abr-289	122	16	accomplishment	accomplishment	NOUN
abr-289	122	17	of	of	ADP
abr-289	122	18	the	the	DET
abr-289	122	19	study	study	NOUN
abr-289	122	20	’s	’s	PART
abr-289	122	21	purpose	purpose	NOUN
abr-289	122	22	(	(	PUNCT
abr-289	122	23	suozzo	suozzo	PROPN
abr-289	122	24	,	,	PUNCT
abr-289	122	25	2001	2001	NUM
abr-289	122	26	)	)	PUNCT
abr-289	122	27	.	.	PUNCT
abr-289	123	1	however	however	ADV
abr-289	123	2	,	,	PUNCT
abr-289	123	3	the	the	DET
abr-289	123	4	construction	construction	NOUN
abr-289	123	5	of	of	ADP
abr-289	123	6	this	this	DET
abr-289	123	7	set	set	NOUN
abr-289	123	8	of	of	ADP
abr-289	123	9	explanatory	explanatory	ADJ
abr-289	123	10	variables	variable	NOUN
abr-289	123	11	is	be	AUX
abr-289	123	12	consistent	consistent	ADJ
abr-289	123	13	with	with	ADP
abr-289	123	14	the	the	DET
abr-289	123	15	purpose	purpose	NOUN
abr-289	123	16	of	of	ADP
abr-289	123	17	building	build	VERB
abr-289	123	18	a	a	DET
abr-289	123	19	financial	financial	ADJ
abr-289	123	20	profile	profile	NOUN
abr-289	123	21	for	for	ADP
abr-289	123	22	the	the	DET
abr-289	123	23	htr	htr	PROPN
abr-289	123	24	firms	firm	NOUN
abr-289	123	25	.	.	PUNCT
abr-289	124	1	the	the	DET
abr-289	124	2	financial	financial	ADJ
abr-289	124	3	profiles	profile	NOUN
abr-289	124	4	simply	simply	ADV
abr-289	124	5	consist	consist	VERB
abr-289	124	6	of	of	ADP
abr-289	124	7	,	,	PUNCT
abr-289	124	8	as	as	SCONJ
abr-289	124	9	previously	previously	ADV
abr-289	124	10	mentioned	mention	VERB
abr-289	124	11	,	,	PUNCT
abr-289	124	12	one	one	NUM
abr-289	124	13	measure	measure	NOUN
abr-289	124	14	of	of	ADP
abr-289	124	15	the	the	DET
abr-289	124	16	size	size	NOUN
abr-289	124	17	of	of	ADP
abr-289	124	18	the	the	DET
abr-289	124	19	firm	firm	NOUN
abr-289	124	20	,	,	PUNCT
abr-289	124	21	one	one	NUM
abr-289	124	22	measure	measure	NOUN
abr-289	124	23	of	of	ADP
abr-289	124	24	return	return	NOUN
abr-289	124	25	on	on	ADP
abr-289	124	26	investment	investment	NOUN
abr-289	124	27	,	,	PUNCT
abr-289	124	28	two	two	NUM
abr-289	124	29	measures	measure	NOUN
abr-289	124	30	of	of	ADP
abr-289	124	31	risk	risk	NOUN
abr-289	124	32	,	,	PUNCT
abr-289	124	33	one	one	NUM
abr-289	124	34	measure	measure	NOUN
abr-289	124	35	of	of	ADP
abr-289	124	36	capital	capital	NOUN
abr-289	124	37	spending	spending	NOUN
abr-289	124	38	,	,	PUNCT
abr-289	124	39	a	a	DET
abr-289	124	40	measure	measure	NOUN
abr-289	124	41	of	of	ADP
abr-289	124	42	the	the	DET
abr-289	124	43	safety	safety	NOUN
abr-289	124	44	of	of	ADP
abr-289	124	45	investment	investment	NOUN
abr-289	124	46	,	,	PUNCT
abr-289	124	47	a	a	DET
abr-289	124	48	measure	measure	NOUN
abr-289	124	49	of	of	ADP
abr-289	124	50	financial	financial	ADJ
abr-289	124	51	strength	strength	NOUN
abr-289	124	52	,	,	PUNCT
abr-289	124	53	a	a	DET
abr-289	124	54	measure	measure	NOUN
abr-289	124	55	of	of	ADP
abr-289	124	56	price	price	NOUN
abr-289	124	57	predictability	predictability	NOUN
abr-289	124	58	,	,	PUNCT
abr-289	124	59	a	a	DET
abr-289	124	60	measure	measure	NOUN
abr-289	124	61	of	of	ADP
abr-289	124	62	the	the	DET
abr-289	124	63	timeliness	timeliness	NOUN
abr-289	124	64	of	of	ADP
abr-289	124	65	investment	investment	NOUN
abr-289	124	66	in	in	ADP
abr-289	124	67	the	the	DET
abr-289	124	68	firm	firm	NOUN
abr-289	124	69	,	,	PUNCT
abr-289	124	70	and	and	CCONJ
abr-289	124	71	finally	finally	ADV
abr-289	124	72	,	,	PUNCT
abr-289	124	73	and	and	CCONJ
abr-289	124	74	one	one	NUM
abr-289	124	75	measure	measure	NOUN
abr-289	124	76	of	of	ADP
abr-289	124	77	how	how	SCONJ
abr-289	124	78	the	the	DET
abr-289	124	79	firm	firm	NOUN
abr-289	124	80	may	may	AUX
abr-289	124	81	be	be	AUX
abr-289	124	82	perceived	perceive	VERB
abr-289	124	83	by	by	ADP
abr-289	124	84	investors	investor	NOUN
abr-289	124	85	at	at	ADP
abr-289	124	86	the	the	DET
abr-289	124	87	margin	margin	NOUN
abr-289	124	88	.	.	PUNCT
abr-289	125	1	it	it	PRON
abr-289	125	2	is	be	AUX
abr-289	125	3	the	the	DET
abr-289	125	4	buying	buying	NOUN
abr-289	125	5	and	and	CCONJ
abr-289	125	6	selling	selling	NOUN
abr-289	125	7	of	of	ADP
abr-289	125	8	those	those	DET
abr-289	125	9	investors	investor	NOUN
abr-289	125	10	that	that	PRON
abr-289	125	11	establish	establish	VERB
abr-289	125	12	the	the	DET
abr-289	125	13	market	market	NOUN
abr-289	125	14	value	value	NOUN
abr-289	125	15	of	of	ADP
abr-289	125	16	both	both	DET
abr-289	125	17	equity	equity	NOUN
abr-289	125	18	and	and	CCONJ
abr-289	125	19	debt	debt	NOUN
abr-289	125	20	.	.	PUNCT
abr-289	126	1	an	an	DET
abr-289	126	2	evaluation	evaluation	NOUN
abr-289	126	3	of	of	ADP
abr-289	126	4	those	those	DET
abr-289	126	5	measures	measure	NOUN
abr-289	126	6	is	be	AUX
abr-289	126	7	needed	need	VERB
abr-289	126	8	to	to	PART
abr-289	126	9	accomplish	accomplish	VERB
abr-289	126	10	the	the	DET
abr-289	126	11	purpose	purpose	NOUN
abr-289	126	12	of	of	ADP
abr-289	126	13	this	this	DET
abr-289	126	14	study	study	NOUN
abr-289	126	15	.	.	PUNCT
abr-289	127	1	if	if	SCONJ
abr-289	127	2	the	the	DET
abr-289	127	3	model	model	NOUN
abr-289	127	4	can	can	AUX
abr-289	127	5	be	be	AUX
abr-289	127	6	successfully	successfully	ADV
abr-289	127	7	validated	validate	VERB
abr-289	127	8	,	,	PUNCT
abr-289	127	9	it	it	PRON
abr-289	127	10	suggests	suggest	VERB
abr-289	127	11	that	that	SCONJ
abr-289	127	12	the	the	DET
abr-289	127	13	profile	profile	NOUN
abr-289	127	14	for	for	ADP
abr-289	127	15	the	the	DET
abr-289	127	16	highly	highly	ADV
abr-289	127	17	ranked	rank	VERB
abr-289	127	18	companies	company	NOUN
abr-289	127	19	for	for	ADP
abr-289	127	20	investment	investment	NOUN
abr-289	127	21	may	may	AUX
abr-289	127	22	be	be	AUX
abr-289	127	23	used	use	VERB
abr-289	127	24	as	as	ADP
abr-289	127	25	a	a	DET
abr-289	127	26	tool	tool	NOUN
abr-289	127	27	to	to	PART
abr-289	127	28	forecast	forecast	VERB
abr-289	127	29	companies	company	NOUN
abr-289	127	30	that	that	PRON
abr-289	127	31	will	will	AUX
abr-289	127	32	maintain	maintain	VERB
abr-289	127	33	high	high	ADJ
abr-289	127	34	technical	technical	ADJ
abr-289	127	35	rankings	ranking	NOUN
abr-289	127	36	in	in	ADP
abr-289	127	37	a	a	DET
abr-289	127	38	growth	growth	NOUN
abr-289	127	39	economy	economy	NOUN
abr-289	127	40	in	in	ADP
abr-289	127	41	the	the	DET
abr-289	127	42	future	future	NOUN
abr-289	127	43	.	.	PUNCT
abr-289	128	1	tests	test	NOUN
abr-289	128	2	and	and	CCONJ
abr-289	128	3	results	result	VERB
abr-289	128	4	the	the	DET
abr-289	128	5	discriminant	discriminant	NOUN
abr-289	128	6	function	function	NOUN
abr-289	128	7	used	use	VERB
abr-289	128	8	has	have	VERB
abr-289	128	9	the	the	DET
abr-289	128	10	form	form	NOUN
abr-289	128	11	:	:	PUNCT
abr-289	128	12	zj	zj	X
abr-289	128	13	=	=	SYM
abr-289	128	14	c	c	PROPN
abr-289	128	15	+	+	PUNCT
abr-289	128	16	v1x1j+v2x2j+	v1x1j+v2x2j+	NOUN
abr-289	128	17	...	...	PUNCT
abr-289	128	18	…	…	PUNCT
abr-289	128	19	+vnx	+vnx	X
abr-289	128	20	nj	nj	PROPN
abr-289	128	21	(	(	PUNCT
abr-289	128	22	1	1	NUM
abr-289	128	23	)	)	PUNCT
abr-289	128	24	where	where	SCONJ
abr-289	128	25	:	:	PUNCT
abr-289	128	26	c0	c0	PROPN
abr-289	128	27	is	be	AUX
abr-289	128	28	a	a	DET
abr-289	128	29	constant	constant	ADJ
abr-289	128	30	xij	xij	NOUN
abr-289	128	31	is	be	AUX
abr-289	128	32	the	the	DET
abr-289	128	33	firm	firm	NOUN
abr-289	128	34	’s	’s	PART
abr-289	128	35	value	value	NOUN
abr-289	128	36	for	for	ADP
abr-289	128	37	the	the	DET
abr-289	128	38	ith	ith	PROPN
abr-289	128	39	independent	independent	ADJ
abr-289	128	40	variable	variable	NOUN
abr-289	128	41	.	.	PUNCT
abr-289	129	1	vi	vi	PROPN
abr-289	129	2	is	be	AUX
abr-289	129	3	the	the	DET
abr-289	129	4	discriminant	discriminant	ADJ
abr-289	129	5	coefficient	coefficient	NOUN
abr-289	129	6	for	for	ADP
abr-289	129	7	each	each	DET
abr-289	129	8	jth	jth	PROPN
abr-289	129	9	firm	firm	PROPN
abr-289	129	10	’s	’s	PART
abr-289	129	11	ith	ith	PROPN
abr-289	129	12	variable	variable	NOUN
abr-289	129	13	.	.	PUNCT
abr-289	130	1	zj	zj	PROPN
abr-289	130	2	is	be	AUX
abr-289	130	3	the	the	DET
abr-289	130	4	jth	jth	PROPN
abr-289	130	5	individual	individual	PROPN
abr-289	130	6	’s	’s	PART
abr-289	130	7	discriminant	discriminant	NOUN
abr-289	130	8	score	score	NOUN
abr-289	130	9	.	.	PUNCT
abr-289	131	1	the	the	DET
abr-289	131	2	function	function	NOUN
abr-289	131	3	derived	derive	VERB
abr-289	131	4	from	from	ADP
abr-289	131	5	the	the	DET
abr-289	131	6	data	datum	NOUN
abr-289	131	7	in	in	ADP
abr-289	131	8	this	this	DET
abr-289	131	9	study	study	NOUN
abr-289	131	10	and	and	CCONJ
abr-289	131	11	substituted	substitute	VERB
abr-289	131	12	in	in	ADP
abr-289	131	13	equation	equation	NOUN
abr-289	131	14	1	1	NUM
abr-289	131	15	is	be	AUX
abr-289	131	16	:	:	PUNCT
abr-289	131	17	zj	zj	X
abr-289	131	18	=	=	SYM
abr-289	131	19	2.115	2.115	PROPN
abr-289	131	20	+	+	CCONJ
abr-289	131	21	.082x1	.082x1	PUNCT
abr-289	132	1	+	+	CCONJ
abr-289	132	2	.400x2	.400x2	PUNCT
abr-289	132	3	.087x3	.087x3	PUNCT
abr-289	133	1	+	+	CCONJ
abr-289	133	2	.096x4	.096x4	PUNCT
abr-289	133	3	.144x5	.144x5	PUNCT
abr-289	134	1	.259x6	.259x6	PUNCT
abr-289	134	2	.124x7	.124x7	PUNCT
abr-289	135	1	+	+	X
abr-289	135	2	.010x8	.010x8	X
abr-289	135	3	+	+	CCONJ
abr-289	135	4	.879x9	.879x9	PROPN
abr-289	136	1	+	+	CCONJ
abr-289	136	2	.004x10	.004x10	NOUN
abr-289	136	3	(	(	PUNCT
abr-289	136	4	2	2	X
abr-289	136	5	)	)	PUNCT
abr-289	136	6	the	the	DET
abr-289	136	7	classification	classification	NOUN
abr-289	136	8	of	of	ADP
abr-289	136	9	firms	firm	NOUN
abr-289	136	10	is	be	AUX
abr-289	136	11	as	as	SCONJ
abr-289	136	12	follows	follow	VERB
abr-289	136	13	:	:	PUNCT
abr-289	136	14	the	the	DET
abr-289	136	15	values	value	NOUN
abr-289	136	16	of	of	ADP
abr-289	136	17	the	the	DET
abr-289	136	18	ten	ten	NUM
abr-289	136	19	variables	variable	NOUN
abr-289	136	20	for	for	ADP
abr-289	136	21	each	each	DET
abr-289	136	22	firm	firm	NOUN
abr-289	136	23	are	be	AUX
abr-289	136	24	substituted	substitute	VERB
abr-289	136	25	into	into	ADP
abr-289	136	26	equation	equation	NOUN
abr-289	136	27	(	(	PUNCT
abr-289	136	28	2	2	NUM
abr-289	136	29	)	)	PUNCT
abr-289	136	30	.	.	PUNCT
abr-289	137	1	thus	thus	ADV
abr-289	137	2	,	,	PUNCT
abr-289	137	3	each	each	DET
abr-289	137	4	firm	firm	NOUN
abr-289	137	5	in	in	ADP
abr-289	137	6	both	both	DET
abr-289	137	7	groups	group	NOUN
abr-289	137	8	receives	receive	VERB
abr-289	137	9	a	a	DET
abr-289	137	10	z	z	NOUN
abr-289	137	11	score	score	NOUN
abr-289	137	12	.	.	PUNCT
abr-289	138	1	if	if	SCONJ
abr-289	138	2	a	a	DET
abr-289	138	3	firm	firm	NOUN
abr-289	138	4	’s	’s	PART
abr-289	138	5	z	z	NOUN
abr-289	138	6	score	score	NOUN
abr-289	138	7	is	be	AUX
abr-289	138	8	less	less	ADJ
abr-289	138	9	than	than	ADP
abr-289	138	10	a	a	DET
abr-289	138	11	critical	critical	ADJ
abr-289	138	12	value	value	NOUN
abr-289	138	13	,	,	PUNCT
abr-289	138	14	the	the	DET
abr-289	138	15	firm	firm	NOUN
abr-289	138	16	is	be	AUX
abr-289	138	17	classified	classify	VERB
abr-289	138	18	in	in	ADP
abr-289	138	19	group	group	NOUN
abr-289	138	20	one	one	NUM
abr-289	138	21	(	(	PUNCT
abr-289	138	22	fcr	fcr	PROPN
abr-289	138	23	)	)	PUNCT
abr-289	138	24	.	.	PUNCT
abr-289	139	1	conversely	conversely	ADV
abr-289	139	2	,	,	PUNCT
abr-289	139	3	a	a	DET
abr-289	139	4	firm	firm	NOUN
abr-289	139	5	’s	’s	PART
abr-289	139	6	z	z	NOUN
abr-289	139	7	score	score	NOUN
abr-289	139	8	that	that	PRON
abr-289	139	9	is	be	AUX
abr-289	139	10	greater	great	ADJ
abr-289	139	11	than	than	SCONJ
abr-289	139	12	the	the	DET
abr-289	139	13	critical	critical	ADJ
abr-289	139	14	value	value	NOUN
abr-289	139	15	will	will	AUX
abr-289	139	16	place	place	VERB
abr-289	139	17	the	the	DET
abr-289	139	18	firm	firm	NOUN
abr-289	139	19	in	in	ADP
abr-289	139	20	group	group	NOUN
abr-289	139	21	two	two	NUM
abr-289	139	22	(	(	PUNCT
abr-289	139	23	htr	htr	PROPN
abr-289	139	24	)	)	PUNCT
abr-289	139	25	.	.	PUNCT
abr-289	140	1	since	since	SCONJ
abr-289	140	2	the	the	DET
abr-289	140	3	two	two	NUM
abr-289	140	4	groups	group	NOUN
abr-289	140	5	are	be	AUX
abr-289	140	6	heterogeneous	heterogeneous	ADJ
abr-289	140	7	,	,	PUNCT
abr-289	140	8	the	the	DET
abr-289	140	9	expectation	expectation	NOUN
abr-289	140	10	is	be	AUX
abr-289	140	11	that	that	SCONJ
abr-289	140	12	htr	htr	PROPN
abr-289	140	13	firms	firm	NOUN
abr-289	140	14	will	will	AUX
abr-289	140	15	fall	fall	VERB
abr-289	140	16	into	into	ADP
abr-289	140	17	one	one	NUM
abr-289	140	18	group	group	NOUN
abr-289	140	19	,	,	PUNCT
abr-289	140	20	and	and	CCONJ
abr-289	140	21	the	the	DET
abr-289	140	22	fcr	fcr	NOUN
abr-289	140	23	firms	firm	NOUN
abr-289	140	24	will	will	AUX
abr-289	140	25	fall	fall	VERB
abr-289	140	26	76	76	NUM
abr-289	140	27	into	into	ADP
abr-289	140	28	the	the	DET
abr-289	140	29	other	other	ADJ
abr-289	140	30	.	.	PUNCT
abr-289	141	1	interpretation	interpretation	NOUN
abr-289	141	2	of	of	ADP
abr-289	141	3	the	the	DET
abr-289	141	4	results	result	NOUN
abr-289	141	5	of	of	ADP
abr-289	141	6	discriminant	discriminant	ADJ
abr-289	141	7	analysis	analysis	NOUN
abr-289	141	8	is	be	AUX
abr-289	141	9	usually	usually	ADV
abr-289	141	10	accomplished	accomplish	VERB
abr-289	141	11	by	by	ADP
abr-289	141	12	addressing	address	VERB
abr-289	141	13	four	four	NUM
abr-289	141	14	basic	basic	ADJ
abr-289	141	15	questions	question	NOUN
abr-289	141	16	:	:	PUNCT
abr-289	141	17	1	1	X
abr-289	141	18	.	.	PUNCT
abr-289	141	19	is	be	AUX
abr-289	141	20	there	there	PRON
abr-289	141	21	a	a	DET
abr-289	141	22	significant	significant	ADJ
abr-289	141	23	difference	difference	NOUN
abr-289	141	24	between	between	ADP
abr-289	141	25	the	the	DET
abr-289	141	26	mean	mean	ADJ
abr-289	141	27	vectors	vector	NOUN
abr-289	141	28	of	of	ADP
abr-289	141	29	explanatory	explanatory	ADJ
abr-289	141	30	variables	variable	NOUN
abr-289	141	31	for	for	ADP
abr-289	141	32	the	the	DET
abr-289	141	33	two	two	NUM
abr-289	141	34	groups	group	NOUN
abr-289	141	35	of	of	ADP
abr-289	141	36	firms	firm	NOUN
abr-289	141	37	?	?	PUNCT
abr-289	142	1	2	2	X
abr-289	142	2	.	.	X
abr-289	143	1	how	how	SCONJ
abr-289	143	2	well	well	ADV
abr-289	143	3	did	do	AUX
abr-289	143	4	the	the	DET
abr-289	143	5	discriminant	discriminant	ADJ
abr-289	143	6	function	function	NOUN
abr-289	143	7	perform	perform	VERB
abr-289	143	8	?	?	PUNCT
abr-289	144	1	3	3	X
abr-289	144	2	.	.	X
abr-289	145	1	how	how	SCONJ
abr-289	145	2	well	well	ADV
abr-289	145	3	did	do	AUX
abr-289	145	4	the	the	DET
abr-289	145	5	independent	independent	ADJ
abr-289	145	6	variables	variable	NOUN
abr-289	145	7	perform	perform	VERB
abr-289	145	8	?	?	PUNCT
abr-289	146	1	4	4	X
abr-289	146	2	.	.	X
abr-289	146	3	will	will	AUX
abr-289	146	4	this	this	DET
abr-289	146	5	function	function	NOUN
abr-289	146	6	discriminate	discriminate	VERB
abr-289	146	7	as	as	ADV
abr-289	146	8	well	well	ADV
abr-289	146	9	on	on	ADP
abr-289	146	10	any	any	DET
abr-289	146	11	random	random	ADJ
abr-289	146	12	sample	sample	NOUN
abr-289	146	13	as	as	SCONJ
abr-289	146	14	it	it	PRON
abr-289	146	15	did	do	VERB
abr-289	146	16	on	on	ADP
abr-289	146	17	the	the	DET
abr-289	146	18	original	original	ADJ
abr-289	146	19	sample	sample	NOUN
abr-289	146	20	?	?	PUNCT
abr-289	147	1	to	to	PART
abr-289	147	2	answer	answer	VERB
abr-289	147	3	the	the	DET
abr-289	147	4	first	first	ADJ
abr-289	147	5	question	question	NOUN
abr-289	147	6	,	,	PUNCT
abr-289	147	7	spss	spss	PROPN
abr-289	147	8	provides	provide	VERB
abr-289	147	9	a	a	DET
abr-289	147	10	wilk	wilk	NOUN
abr-289	147	11	’s	’s	PART
abr-289	147	12	lamda	lamda	NOUN
abr-289	147	13	–	–	PUNCT
abr-289	147	14	chi	chi	ADJ
abr-289	147	15	-	-	PUNCT
abr-289	147	16	square	square	ADJ
abr-289	147	17	transformation	transformation	NOUN
abr-289	147	18	(	(	PUNCT
abr-289	147	19	sharma	sharma	PROPN
abr-289	147	20	,	,	PUNCT
abr-289	147	21	1996	1996	NUM
abr-289	147	22	)	)	PUNCT
abr-289	147	23	.	.	PUNCT
abr-289	148	1	the	the	DET
abr-289	148	2	calculated	calculate	VERB
abr-289	148	3	value	value	NOUN
abr-289	148	4	of	of	ADP
abr-289	148	5	chi	chi	NOUN
abr-289	148	6	-	-	PUNCT
abr-289	148	7	square	square	NOUN
abr-289	148	8	in	in	ADP
abr-289	148	9	this	this	DET
abr-289	148	10	study	study	NOUN
abr-289	148	11	is	be	AUX
abr-289	148	12	27.99	27.99	NUM
abr-289	148	13	.	.	PUNCT
abr-289	149	1	that	that	PRON
abr-289	149	2	exceeds	exceed	VERB
abr-289	149	3	the	the	DET
abr-289	149	4	critical	critical	ADJ
abr-289	149	5	value	value	NOUN
abr-289	149	6	of	of	ADP
abr-289	149	7	chisquare	chisquare	NOUN
abr-289	149	8	18.31	18.31	NUM
abr-289	149	9	at	at	ADP
abr-289	149	10	the	the	DET
abr-289	149	11	five	five	NUM
abr-289	149	12	percent	percent	NOUN
abr-289	149	13	level	level	NOUN
abr-289	149	14	of	of	ADP
abr-289	149	15	significance	significance	NOUN
abr-289	149	16	with	with	ADP
abr-289	149	17	10	10	NUM
abr-289	149	18	degrees	degree	NOUN
abr-289	149	19	of	of	ADP
abr-289	149	20	freedom	freedom	NOUN
abr-289	149	21	.	.	PUNCT
abr-289	150	1	the	the	DET
abr-289	150	2	null	null	ADJ
abr-289	150	3	hypothesis	hypothesis	NOUN
abr-289	150	4	that	that	SCONJ
abr-289	150	5	there	there	PRON
abr-289	150	6	is	be	VERB
abr-289	150	7	no	no	DET
abr-289	150	8	significant	significant	ADJ
abr-289	150	9	difference	difference	NOUN
abr-289	150	10	between	between	ADP
abr-289	150	11	the	the	DET
abr-289	150	12	financial	financial	ADJ
abr-289	150	13	profiles	profile	NOUN
abr-289	150	14	of	of	ADP
abr-289	150	15	the	the	DET
abr-289	150	16	two	two	NUM
abr-289	150	17	groups	group	NOUN
abr-289	150	18	is	be	AUX
abr-289	150	19	therefore	therefore	ADV
abr-289	150	20	rejected	reject	VERB
abr-289	150	21	,	,	PUNCT
abr-289	150	22	and	and	CCONJ
abr-289	150	23	the	the	DET
abr-289	150	24	first	first	ADJ
abr-289	150	25	conclusion	conclusion	NOUN
abr-289	150	26	drawn	draw	VERB
abr-289	150	27	from	from	ADP
abr-289	150	28	the	the	DET
abr-289	150	29	analysis	analysis	NOUN
abr-289	150	30	is	be	AUX
abr-289	150	31	that	that	SCONJ
abr-289	150	32	the	the	DET
abr-289	150	33	two	two	NUM
abr-289	150	34	groups	group	NOUN
abr-289	150	35	have	have	VERB
abr-289	150	36	significantly	significantly	ADV
abr-289	150	37	different	different	ADJ
abr-289	150	38	financial	financial	ADJ
abr-289	150	39	characteristics	characteristic	NOUN
abr-289	150	40	(	(	PUNCT
abr-289	150	41	for	for	ADP
abr-289	150	42	a	a	DET
abr-289	150	43	complete	complete	ADJ
abr-289	150	44	explanation	explanation	NOUN
abr-289	150	45	of	of	ADP
abr-289	150	46	the	the	DET
abr-289	150	47	test	test	NOUN
abr-289	150	48	of	of	ADP
abr-289	150	49	hypothesis	hypothesis	NOUN
abr-289	150	50	,	,	PUNCT
abr-289	150	51	see	see	VERB
abr-289	150	52	appendix	appendix	NOUN
abr-289	150	53	a	a	PRON
abr-289	150	54	)	)	PUNCT
abr-289	150	55	.	.	PUNCT
abr-289	151	1	this	this	DET
abr-289	151	2	result	result	NOUN
abr-289	151	3	was	be	AUX
abr-289	151	4	,	,	PUNCT
abr-289	151	5	of	of	ADP
abr-289	151	6	course	course	NOUN
abr-289	151	7	,	,	PUNCT
abr-289	151	8	expected	expect	VERB
abr-289	151	9	since	since	SCONJ
abr-289	151	10	one	one	NUM
abr-289	151	11	group	group	NOUN
abr-289	151	12	of	of	ADP
abr-289	151	13	firms	firm	NOUN
abr-289	151	14	experienced	experience	VERB
abr-289	151	15	very	very	ADV
abr-289	151	16	high	high	ADJ
abr-289	151	17	technical	technical	ADJ
abr-289	151	18	ratings	rating	NOUN
abr-289	151	19	,	,	PUNCT
abr-289	151	20	and	and	CCONJ
abr-289	151	21	the	the	DET
abr-289	151	22	other	other	ADJ
abr-289	151	23	group	group	NOUN
abr-289	151	24	was	be	AUX
abr-289	151	25	chosen	choose	VERB
abr-289	151	26	randomly	randomly	ADV
abr-289	151	27	.	.	PUNCT
abr-289	152	1	the	the	DET
abr-289	152	2	discriminant	discriminant	NOUN
abr-289	152	3	function	function	NOUN
abr-289	152	4	thus	thus	ADV
abr-289	152	5	has	have	VERB
abr-289	152	6	the	the	DET
abr-289	152	7	power	power	NOUN
abr-289	152	8	to	to	PART
abr-289	152	9	separate	separate	VERB
abr-289	152	10	the	the	DET
abr-289	152	11	two	two	NUM
abr-289	152	12	groups	group	NOUN
abr-289	152	13	.	.	PUNCT
abr-289	153	1	however	however	ADV
abr-289	153	2	,	,	PUNCT
abr-289	153	3	this	this	PRON
abr-289	153	4	does	do	AUX
abr-289	153	5	not	not	PART
abr-289	153	6	mean	mean	VERB
abr-289	153	7	that	that	SCONJ
abr-289	153	8	it	it	PRON
abr-289	153	9	will	will	AUX
abr-289	153	10	,	,	PUNCT
abr-289	153	11	in	in	ADP
abr-289	153	12	fact	fact	NOUN
abr-289	153	13	,	,	PUNCT
abr-289	153	14	separate	separate	VERB
abr-289	153	15	them	they	PRON
abr-289	153	16	.	.	PUNCT
abr-289	154	1	the	the	DET
abr-289	154	2	ultimate	ultimate	ADJ
abr-289	154	3	value	value	NOUN
abr-289	154	4	of	of	ADP
abr-289	154	5	a	a	DET
abr-289	154	6	discriminant	discriminant	ADJ
abr-289	154	7	model	model	NOUN
abr-289	154	8	depends	depend	VERB
abr-289	154	9	on	on	ADP
abr-289	154	10	the	the	DET
abr-289	154	11	results	result	NOUN
abr-289	154	12	obtained	obtain	VERB
abr-289	154	13	.	.	PUNCT
abr-289	155	1	that	that	PRON
abr-289	155	2	is	be	AUX
abr-289	155	3	what	what	PRON
abr-289	155	4	percentage	percentage	NOUN
abr-289	155	5	of	of	ADP
abr-289	155	6	firms	firm	NOUN
abr-289	155	7	were	be	AUX
abr-289	155	8	classified	classify	VERB
abr-289	155	9	correctly	correctly	ADV
abr-289	155	10	,	,	PUNCT
abr-289	155	11	and	and	CCONJ
abr-289	155	12	is	be	AUX
abr-289	155	13	that	that	DET
abr-289	155	14	percentage	percentage	NOUN
abr-289	155	15	significant	significant	ADJ
abr-289	155	16	?	?	PUNCT
abr-289	156	1	to	to	PART
abr-289	156	2	answer	answer	VERB
abr-289	156	3	the	the	DET
abr-289	156	4	second	second	ADJ
abr-289	156	5	question	question	NOUN
abr-289	156	6	,	,	PUNCT
abr-289	156	7	a	a	DET
abr-289	156	8	test	test	NOUN
abr-289	156	9	of	of	ADP
abr-289	156	10	proportions	proportion	NOUN
abr-289	156	11	is	be	AUX
abr-289	156	12	needed	need	VERB
abr-289	156	13	.	.	PUNCT
abr-289	157	1	of	of	ADP
abr-289	157	2	the	the	DET
abr-289	157	3	100	100	NUM
abr-289	157	4	htr	htr	PROPN
abr-289	157	5	firms	firm	NOUN
abr-289	157	6	in	in	ADP
abr-289	157	7	the	the	DET
abr-289	157	8	total	total	ADJ
abr-289	157	9	sample	sample	NOUN
abr-289	157	10	,	,	PUNCT
abr-289	157	11	64	64	NUM
abr-289	157	12	were	be	AUX
abr-289	157	13	properly	properly	ADV
abr-289	157	14	classified	classify	VERB
abr-289	157	15	.	.	PUNCT
abr-289	158	1	when	when	SCONJ
abr-289	158	2	looking	look	VERB
abr-289	158	3	at	at	ADP
abr-289	158	4	the	the	DET
abr-289	158	5	entire	entire	ADJ
abr-289	158	6	sample	sample	NOUN
abr-289	158	7	of	of	ADP
abr-289	158	8	200	200	NUM
abr-289	158	9	firms	firm	NOUN
abr-289	158	10	,	,	PUNCT
abr-289	158	11	131	131	NUM
abr-289	158	12	firms	firm	NOUN
abr-289	158	13	were	be	AUX
abr-289	158	14	accurately	accurately	ADV
abr-289	158	15	classified	classify	VERB
abr-289	158	16	between	between	ADP
abr-289	158	17	the	the	DET
abr-289	158	18	two	two	NUM
abr-289	158	19	groups	group	NOUN
abr-289	158	20	(	(	PUNCT
abr-289	158	21	i.e.	i.e.	X
abr-289	158	22	,	,	PUNCT
abr-289	158	23	htr	htr	PROPN
abr-289	158	24	and	and	CCONJ
abr-289	158	25	fcr	fcr	NOUN
abr-289	158	26	)	)	PUNCT
abr-289	158	27	,	,	PUNCT
abr-289	158	28	representing	represent	VERB
abr-289	158	29	a	a	DET
abr-289	158	30	success	success	NOUN
abr-289	158	31	rate	rate	NOUN
abr-289	158	32	of	of	ADP
abr-289	158	33	65.5	65.5	NUM
abr-289	158	34	%	%	NOUN
abr-289	158	35	.	.	PUNCT
abr-289	159	1	the	the	DET
abr-289	159	2	results	result	NOUN
abr-289	159	3	are	be	AUX
abr-289	159	4	shown	show	VERB
abr-289	159	5	in	in	ADP
abr-289	159	6	table	table	NOUN
abr-289	159	7	1	1	NUM
abr-289	159	8	.	.	PUNCT
abr-289	159	9	table	table	NOUN
abr-289	159	10	1	1	NUM
abr-289	159	11	–	–	PUNCT
abr-289	159	12	classification	classification	NOUN
abr-289	159	13	results	result	NOUN
abr-289	159	14	predicted	predict	VERB
abr-289	159	15	results	result	NOUN
abr-289	159	16	htr	htr	PROPN
abr-289	159	17	fcr	fcr	PROPN
abr-289	159	18	classification	classification	NOUN
abr-289	159	19	actual	actual	ADJ
abr-289	159	20	results	result	NOUN
abr-289	159	21	htr	htr	PROPN
abr-289	159	22	fcr	fcr	PROPN
abr-289	159	23	htr	htr	PROPN
abr-289	159	24	64	64	NUM
abr-289	159	25	36	36	NUM
abr-289	159	26	fcr	fcr	NOUN
abr-289	159	27	33	33	NUM
abr-289	159	28	67	67	NUM
abr-289	159	29	to	to	PART
abr-289	159	30	test	test	VERB
abr-289	159	31	whether	whether	SCONJ
abr-289	159	32	a	a	DET
abr-289	159	33	65.5	65.5	NUM
abr-289	159	34	percent	percent	NOUN
abr-289	159	35	correct	correct	ADJ
abr-289	159	36	classification	classification	NOUN
abr-289	159	37	rate	rate	NOUN
abr-289	159	38	is	be	AUX
abr-289	159	39	statistically	statistically	ADV
abr-289	159	40	significant	significant	ADJ
abr-289	159	41	,	,	PUNCT
abr-289	159	42	the	the	DET
abr-289	159	43	press	press	NOUN
abr-289	159	44	’s	’s	PART
abr-289	159	45	q	q	NOUN
abr-289	159	46	test	test	NOUN
abr-289	159	47	is	be	AUX
abr-289	159	48	performed	perform	VERB
abr-289	159	49	(	(	PUNCT
abr-289	159	50	hair	hair	NOUN
abr-289	159	51	et	et	PROPN
abr-289	159	52	al	al	PROPN
abr-289	159	53	.	.	PROPN
abr-289	159	54	1992	1992	NUM
abr-289	159	55	)	)	PUNCT
abr-289	159	56	.	.	PUNCT
abr-289	160	1	press	press	NOUN
abr-289	160	2	’s	’s	PART
abr-289	160	3	q	q	NOUN
abr-289	160	4	is	be	AUX
abr-289	160	5	a	a	DET
abr-289	160	6	chi	chi	ADJ
abr-289	160	7	-	-	PUNCT
abr-289	160	8	square	square	ADJ
abr-289	160	9	random	random	ADJ
abr-289	160	10	variable	variable	NOUN
abr-289	160	11	:	:	PUNCT
abr-289	161	1	press	press	NOUN
abr-289	161	2	’s	’s	PART
abr-289	161	3	q	q	NOUN
abr-289	162	1	=	=	PUNCT
abr-289	163	1	[	[	X
abr-289	163	2	n-(n	n-(n	NOUN
abr-289	163	3	x	x	NOUN
abr-289	163	4	k)]2	k)]2	NOUN
abr-289	163	5	/	/	SYM
abr-289	163	6	n(k-1	n(k-1	NOUN
abr-289	163	7	)	)	PUNCT
abr-289	163	8	(	(	PUNCT
abr-289	163	9	3	3	X
abr-289	163	10	)	)	PUNCT
abr-289	164	1	where	where	SCONJ
abr-289	164	2	:	:	PUNCT
abr-289	164	3	n	n	PROPN
abr-289	164	4	=	=	SYM
abr-289	164	5	total	total	ADJ
abr-289	164	6	sample	sample	NOUN
abr-289	164	7	size	size	NOUN
abr-289	164	8	n	n	NOUN
abr-289	164	9	=	=	NOUN
abr-289	164	10	number	number	NOUN
abr-289	164	11	of	of	ADP
abr-289	164	12	cases	case	NOUN
abr-289	164	13	correctly	correctly	ADV
abr-289	164	14	classified	classified	ADJ
abr-289	164	15	k	k	NOUN
abr-289	164	16	=	=	PUNCT
abr-289	164	17	number	number	NOUN
abr-289	164	18	of	of	ADP
abr-289	164	19	groups	group	NOUN
abr-289	164	20	in	in	ADP
abr-289	164	21	this	this	DET
abr-289	164	22	case	case	NOUN
abr-289	164	23	:	:	PUNCT
abr-289	165	1	press	press	NOUN
abr-289	165	2	’s	’s	PART
abr-289	165	3	q	q	NOUN
abr-289	165	4	=	=	PUNCT
abr-289	166	1	[	[	X
abr-289	166	2	200	200	NUM
abr-289	166	3	(	(	PUNCT
abr-289	166	4	131	131	NUM
abr-289	166	5	x	x	SYM
abr-289	166	6	2)]2	2)]2	NUM
abr-289	166	7	/	/	SYM
abr-289	167	1	[	[	X
abr-289	167	2	200	200	NUM
abr-289	167	3	(	(	PUNCT
abr-289	167	4	2	2	NUM
abr-289	167	5	-	-	SYM
abr-289	167	6	1	1	NUM
abr-289	167	7	)	)	PUNCT
abr-289	167	8	]	]	PUNCT
abr-289	167	9	=	=	PUNCT
abr-289	168	1	19.22	19.22	NUM
abr-289	168	2	>	>	X
abr-289	168	3	2	2	PROPN
abr-289	168	4	.05	.05	NUM
abr-289	168	5	3.84	3.84	NUM
abr-289	168	6	with	with	ADP
abr-289	168	7	one	one	NUM
abr-289	168	8	d.	d.	PROPN
abr-289	168	9	f.	f.	PROPN
abr-289	168	10	(	(	PUNCT
abr-289	168	11	4	4	NUM
abr-289	168	12	)	)	PUNCT
abr-289	168	13	thus	thus	ADV
abr-289	168	14	,	,	PUNCT
abr-289	168	15	the	the	DET
abr-289	168	16	null	null	ADJ
abr-289	168	17	hypothesis	hypothesis	NOUN
abr-289	168	18	that	that	PRON
abr-289	168	19	the	the	DET
abr-289	168	20	percentage	percentage	NOUN
abr-289	168	21	classified	classify	VERB
abr-289	168	22	correctly	correctly	ADV
abr-289	168	23	is	be	AUX
abr-289	168	24	not	not	PART
abr-289	168	25	significantly	significantly	ADV
abr-289	168	26	different	different	ADJ
abr-289	168	27	from	from	ADP
abr-289	168	28	what	what	PRON
abr-289	168	29	would	would	AUX
abr-289	168	30	be	be	AUX
abr-289	168	31	classified	classify	VERB
abr-289	168	32	correctly	correctly	ADV
abr-289	168	33	by	by	ADP
abr-289	168	34	chance	chance	NOUN
abr-289	168	35	is	be	AUX
abr-289	168	36	rejected	reject	VERB
abr-289	168	37	.	.	PUNCT
abr-289	169	1	the	the	DET
abr-289	169	2	evidence	evidence	NOUN
abr-289	169	3	suggests	suggest	VERB
abr-289	169	4	that	that	SCONJ
abr-289	169	5	the	the	DET
abr-289	169	6	discriminant	discriminant	NOUN
abr-289	169	7	77	77	NUM
abr-289	169	8	function	function	NOUN
abr-289	169	9	performed	perform	VERB
abr-289	169	10	very	very	ADV
abr-289	169	11	well	well	ADV
abr-289	169	12	in	in	ADP
abr-289	169	13	separating	separate	VERB
abr-289	169	14	the	the	DET
abr-289	169	15	two	two	NUM
abr-289	169	16	groups	group	NOUN
abr-289	169	17	.	.	PUNCT
abr-289	170	1	again	again	ADV
abr-289	170	2	,	,	PUNCT
abr-289	170	3	given	give	VERB
abr-289	170	4	the	the	DET
abr-289	170	5	disparity	disparity	NOUN
abr-289	170	6	of	of	ADP
abr-289	170	7	the	the	DET
abr-289	170	8	two	two	NUM
abr-289	170	9	groups	group	NOUN
abr-289	170	10	,	,	PUNCT
abr-289	170	11	and	and	CCONJ
abr-289	170	12	the	the	DET
abr-289	170	13	sample	sample	NOUN
abr-289	170	14	size	size	NOUN
abr-289	170	15	,	,	PUNCT
abr-289	170	16	it	it	PRON
abr-289	170	17	is	be	AUX
abr-289	170	18	not	not	PART
abr-289	170	19	surprising	surprising	ADJ
abr-289	170	20	that	that	SCONJ
abr-289	170	21	the	the	DET
abr-289	170	22	function	function	NOUN
abr-289	170	23	classified	classify	VERB
abr-289	170	24	65.5	65.5	NUM
abr-289	170	25	percent	percent	NOUN
abr-289	170	26	correctly	correctly	ADV
abr-289	170	27	.	.	PUNCT
abr-289	171	1	the	the	DET
abr-289	171	2	arithmetic	arithmetic	ADJ
abr-289	171	3	signs	sign	NOUN
abr-289	171	4	of	of	ADP
abr-289	171	5	the	the	DET
abr-289	171	6	adjusted	adjust	VERB
abr-289	171	7	coefficients	coefficient	NOUN
abr-289	171	8	in	in	ADP
abr-289	171	9	table	table	NOUN
abr-289	171	10	2	2	NUM
abr-289	171	11	are	be	AUX
abr-289	171	12	important	important	ADJ
abr-289	171	13	to	to	PART
abr-289	171	14	answer	answer	VERB
abr-289	171	15	question	question	NOUN
abr-289	171	16	number	number	NOUN
abr-289	171	17	three	three	NUM
abr-289	171	18	.	.	PUNCT
abr-289	172	1	normally	normally	ADV
abr-289	172	2	,	,	PUNCT
abr-289	172	3	a	a	DET
abr-289	172	4	positive	positive	ADJ
abr-289	172	5	sign	sign	NOUN
abr-289	172	6	indicates	indicate	VERB
abr-289	172	7	that	that	SCONJ
abr-289	172	8	the	the	PRON
abr-289	172	9	higher	high	ADJ
abr-289	172	10	a	a	DET
abr-289	172	11	firm	firm	NOUN
abr-289	172	12	’s	’s	PART
abr-289	172	13	value	value	NOUN
abr-289	172	14	for	for	ADP
abr-289	172	15	the	the	DET
abr-289	172	16	variable	variable	NOUN
abr-289	172	17	,	,	PUNCT
abr-289	172	18	the	the	PRON
abr-289	172	19	more	more	ADV
abr-289	172	20	likely	likely	ADJ
abr-289	172	21	it	it	PRON
abr-289	172	22	will	will	AUX
abr-289	172	23	be	be	AUX
abr-289	172	24	in	in	ADP
abr-289	172	25	group	group	NOUN
abr-289	172	26	two	two	NUM
abr-289	172	27	,	,	PUNCT
abr-289	172	28	the	the	DET
abr-289	172	29	htr	htr	PROPN
abr-289	172	30	group	group	NOUN
abr-289	172	31	.	.	PUNCT
abr-289	173	1	on	on	ADP
abr-289	173	2	the	the	DET
abr-289	173	3	other	other	ADJ
abr-289	173	4	hand	hand	NOUN
abr-289	173	5	,	,	PUNCT
abr-289	173	6	a	a	DET
abr-289	173	7	negative	negative	ADJ
abr-289	173	8	sign	sign	NOUN
abr-289	173	9	for	for	ADP
abr-289	173	10	an	an	DET
abr-289	173	11	adjusted	adjust	VERB
abr-289	173	12	coefficient	coefficient	NOUN
abr-289	173	13	signifies	signify	VERB
abr-289	173	14	that	that	SCONJ
abr-289	173	15	the	the	PRON
abr-289	173	16	higher	high	ADJ
abr-289	173	17	a	a	DET
abr-289	173	18	firm	firm	NOUN
abr-289	173	19	's	's	PART
abr-289	173	20	[	[	X
abr-289	173	21	absolute	absolute	ADJ
abr-289	173	22	]	]	X
abr-289	173	23	value	value	NOUN
abr-289	173	24	for	for	ADP
abr-289	173	25	that	that	DET
abr-289	173	26	variable	variable	NOUN
abr-289	173	27	,	,	PUNCT
abr-289	173	28	the	the	PRON
abr-289	173	29	more	more	ADV
abr-289	173	30	likely	likely	ADJ
abr-289	173	31	it	it	PRON
abr-289	173	32	will	will	AUX
abr-289	173	33	be	be	AUX
abr-289	173	34	classified	classify	VERB
abr-289	173	35	in	in	ADP
abr-289	173	36	group	group	NOUN
abr-289	173	37	one	one	NUM
abr-289	173	38	,	,	PUNCT
abr-289	173	39	the	the	DET
abr-289	173	40	fcr	fcr	PROPN
abr-289	173	41	group	group	NOUN
abr-289	173	42	.	.	PUNCT
abr-289	174	1	thus	thus	ADV
abr-289	174	2	,	,	PUNCT
abr-289	174	3	according	accord	VERB
abr-289	174	4	to	to	ADP
abr-289	174	5	table	table	NOUN
abr-289	174	6	2	2	NUM
abr-289	174	7	,	,	PUNCT
abr-289	174	8	the	the	PRON
abr-289	174	9	greater	great	ADJ
abr-289	174	10	the	the	DET
abr-289	174	11	canonical	canonical	ADJ
abr-289	174	12	coefficients	coefficient	NOUN
abr-289	174	13	of	of	ADP
abr-289	174	14	size	size	NOUN
abr-289	174	15	,	,	PUNCT
abr-289	174	16	return	return	VERB
abr-289	174	17	on	on	ADP
abr-289	174	18	total	total	ADJ
abr-289	174	19	capital	capital	NOUN
abr-289	174	20	,	,	PUNCT
abr-289	174	21	financial	financial	ADJ
abr-289	174	22	leverage	leverage	NOUN
abr-289	174	23	(	(	PUNCT
abr-289	174	24	debt	debt	NOUN
abr-289	174	25	)	)	PUNCT
abr-289	174	26	,	,	PUNCT
abr-289	174	27	price	price	NOUN
abr-289	174	28	predictability	predictability	NOUN
abr-289	174	29	,	,	PUNCT
abr-289	174	30	timeliness	timeliness	NOUN
abr-289	174	31	,	,	PUNCT
abr-289	174	32	and	and	CCONJ
abr-289	174	33	institutional	institutional	ADJ
abr-289	174	34	buying	buying	NOUN
abr-289	174	35	activity	activity	NOUN
abr-289	174	36	,	,	PUNCT
abr-289	174	37	the	the	PRON
abr-289	174	38	more	more	ADV
abr-289	174	39	likely	likely	ADJ
abr-289	174	40	the	the	DET
abr-289	174	41	firm	firm	NOUN
abr-289	174	42	would	would	AUX
abr-289	174	43	have	have	VERB
abr-289	174	44	a	a	DET
abr-289	174	45	high	high	ADJ
abr-289	174	46	-	-	PUNCT
abr-289	174	47	value	value	NOUN
abr-289	174	48	line	line	NOUN
abr-289	174	49	technical	technical	ADJ
abr-289	174	50	rating	rating	NOUN
abr-289	174	51	.	.	PUNCT
abr-289	175	1	the	the	DET
abr-289	175	2	relative	relative	ADJ
abr-289	175	3	contribution	contribution	NOUN
abr-289	175	4	of	of	ADP
abr-289	175	5	each	each	DET
abr-289	175	6	variable	variable	NOUN
abr-289	175	7	to	to	ADP
abr-289	175	8	the	the	DET
abr-289	175	9	total	total	ADJ
abr-289	175	10	discriminating	discriminate	VERB
abr-289	175	11	power	power	NOUN
abr-289	175	12	of	of	ADP
abr-289	175	13	the	the	DET
abr-289	175	14	function	function	NOUN
abr-289	175	15	is	be	AUX
abr-289	175	16	indicated	indicate	VERB
abr-289	175	17	by	by	ADP
abr-289	175	18	the	the	DET
abr-289	175	19	discriminant	discriminant	ADJ
abr-289	175	20	loadings	loading	NOUN
abr-289	175	21	,	,	PUNCT
abr-289	175	22	referred	refer	VERB
abr-289	175	23	to	to	ADP
abr-289	175	24	by	by	ADP
abr-289	175	25	spss	spss	PROPN
abr-289	175	26	as	as	ADP
abr-289	175	27	the	the	DET
abr-289	175	28	pooled	pooled	ADJ
abr-289	175	29	within	within	NOUN
abr-289	175	30	-	-	PUNCT
abr-289	175	31	groups	group	NOUN
abr-289	175	32	correlations	correlation	NOUN
abr-289	175	33	between	between	ADP
abr-289	175	34	discriminating	discriminate	VERB
abr-289	175	35	variables	variable	NOUN
abr-289	175	36	and	and	CCONJ
abr-289	175	37	canonical	canonical	ADJ
abr-289	175	38	function	function	NOUN
abr-289	175	39	coefficients	coefficient	NOUN
abr-289	175	40	,	,	PUNCT
abr-289	175	41	or	or	CCONJ
abr-289	175	42	more	more	ADV
abr-289	175	43	simply	simply	ADV
abr-289	175	44	,	,	PUNCT
abr-289	175	45	their	their	PRON
abr-289	175	46	structure	structure	NOUN
abr-289	175	47	matrix	matrix	NOUN
abr-289	175	48	.	.	PUNCT
abr-289	176	1	those	those	DET
abr-289	176	2	structure	structure	NOUN
abr-289	176	3	correlations	correlation	NOUN
abr-289	176	4	are	be	AUX
abr-289	176	5	indicated	indicate	VERB
abr-289	176	6	by	by	ADP
abr-289	176	7	canonical	canonical	ADJ
abr-289	176	8	correlation	correlation	NOUN
abr-289	176	9	coefficients	coefficient	NOUN
abr-289	176	10	that	that	PRON
abr-289	176	11	measure	measure	VERB
abr-289	176	12	the	the	DET
abr-289	176	13	simple	simple	ADJ
abr-289	176	14	correlation	correlation	NOUN
abr-289	176	15	between	between	ADP
abr-289	176	16	each	each	DET
abr-289	176	17	independent	independent	ADJ
abr-289	176	18	variable	variable	NOUN
abr-289	176	19	and	and	CCONJ
abr-289	176	20	the	the	DET
abr-289	176	21	z	z	NOUN
abr-289	176	22	scores	score	NOUN
abr-289	176	23	calculated	calculate	VERB
abr-289	176	24	by	by	ADP
abr-289	176	25	the	the	DET
abr-289	176	26	discriminant	discriminant	NOUN
abr-289	176	27	function	function	NOUN
abr-289	176	28	.	.	PUNCT
abr-289	177	1	the	the	DET
abr-289	177	2	value	value	NOUN
abr-289	177	3	of	of	ADP
abr-289	177	4	each	each	DET
abr-289	177	5	canonical	canonical	ADJ
abr-289	177	6	coefficient	coefficient	NOUN
abr-289	177	7	will	will	AUX
abr-289	177	8	lie	lie	VERB
abr-289	177	9	between	between	ADP
abr-289	177	10	+1	+1	PROPN
abr-289	177	11	and	and	CCONJ
abr-289	177	12	-1	-1	PUNCT
abr-289	177	13	.	.	PUNCT
abr-289	178	1	multicollinearity	multicollinearity	NOUN
abr-289	178	2	has	have	VERB
abr-289	178	3	little	little	ADJ
abr-289	178	4	effect	effect	NOUN
abr-289	178	5	on	on	ADP
abr-289	178	6	the	the	DET
abr-289	178	7	stability	stability	NOUN
abr-289	178	8	of	of	ADP
abr-289	178	9	canonical	canonical	ADJ
abr-289	178	10	correlation	correlation	NOUN
abr-289	178	11	coefficients	coefficient	NOUN
abr-289	178	12	,	,	PUNCT
abr-289	178	13	unlike	unlike	ADP
abr-289	178	14	the	the	DET
abr-289	178	15	discriminant	discriminant	NOUN
abr-289	178	16	function	function	NOUN
abr-289	178	17	coefficients	coefficient	NOUN
abr-289	178	18	,	,	PUNCT
abr-289	178	19	where	where	SCONJ
abr-289	178	20	it	it	PRON
abr-289	178	21	can	can	AUX
abr-289	178	22	cause	cause	VERB
abr-289	178	23	the	the	DET
abr-289	178	24	measures	measure	NOUN
abr-289	178	25	to	to	PART
abr-289	178	26	become	become	VERB
abr-289	178	27	unstable	unstable	ADJ
abr-289	178	28	.	.	PUNCT
abr-289	179	1	(	(	PUNCT
abr-289	179	2	sharma	sharma	PROPN
abr-289	179	3	,	,	PUNCT
abr-289	179	4	1996	1996	NUM
abr-289	179	5	)	)	PUNCT
abr-289	179	6	.	.	PUNCT
abr-289	180	1	the	the	PRON
abr-289	180	2	closer	close	ADJ
abr-289	180	3	the	the	DET
abr-289	180	4	absolute	absolute	ADJ
abr-289	180	5	value	value	NOUN
abr-289	180	6	of	of	ADP
abr-289	180	7	the	the	DET
abr-289	180	8	loading	loading	NOUN
abr-289	180	9	to	to	ADP
abr-289	180	10	1	1	NUM
abr-289	180	11	,	,	PUNCT
abr-289	180	12	the	the	PRON
abr-289	180	13	stronger	strong	ADJ
abr-289	180	14	the	the	DET
abr-289	180	15	relationship	relationship	NOUN
abr-289	180	16	between	between	ADP
abr-289	180	17	the	the	DET
abr-289	180	18	discriminating	discriminate	VERB
abr-289	180	19	variable	variable	NOUN
abr-289	180	20	and	and	CCONJ
abr-289	180	21	the	the	DET
abr-289	180	22	discriminant	discriminant	NOUN
abr-289	180	23	function	function	NOUN
abr-289	180	24	.	.	PUNCT
abr-289	181	1	these	these	DET
abr-289	181	2	discriminant	discriminant	ADJ
abr-289	181	3	loadings	loading	NOUN
abr-289	181	4	are	be	AUX
abr-289	181	5	given	give	VERB
abr-289	181	6	in	in	ADP
abr-289	181	7	the	the	DET
abr-289	181	8	output	output	NOUN
abr-289	181	9	of	of	ADP
abr-289	181	10	the	the	DET
abr-289	181	11	spss	spss	PROPN
abr-289	181	12	25.0	25.0	NUM
abr-289	181	13	program	program	NOUN
abr-289	181	14	and	and	CCONJ
abr-289	181	15	shown	show	VERB
abr-289	181	16	here	here	ADV
abr-289	181	17	with	with	ADP
abr-289	181	18	their	their	PRON
abr-289	181	19	ranking	ranking	NOUN
abr-289	181	20	in	in	ADP
abr-289	181	21	table	table	NOUN
abr-289	181	22	2	2	NUM
abr-289	181	23	.	.	PUNCT
abr-289	181	24	table	table	NOUN
abr-289	181	25	2	2	NUM
abr-289	181	26	–	–	PUNCT
abr-289	181	27	relative	relative	ADJ
abr-289	181	28	contribution	contribution	NOUN
abr-289	181	29	of	of	ADP
abr-289	181	30	the	the	DET
abr-289	181	31	variables	variable	NOUN
abr-289	181	32	discriminant	discriminant	NOUN
abr-289	181	33	variables	variable	VERB
abr-289	181	34	canonical	canonical	ADJ
abr-289	181	35	coefficient	coefficient	NOUN
abr-289	181	36	rank	rank	NOUN
abr-289	181	37	sales	sale	NOUN
abr-289	181	38	0.057	0.057	NUM
abr-289	181	39	7	7	NUM
abr-289	181	40	return	return	NOUN
abr-289	181	41	to	to	ADP
abr-289	181	42	total	total	ADJ
abr-289	181	43	capital	capital	NOUN
abr-289	182	1	0.208	0.208	NUM
abr-289	182	2	4	4	NUM
abr-289	182	3	hamada	hamada	PROPN
abr-289	182	4	’s	’s	PART
abr-289	182	5	unlevered	unlevered	ADJ
abr-289	182	6	beta	beta	NOUN
abr-289	182	7	-0.042	-0.042	PUNCT
abr-289	182	8	9	9	NUM
abr-289	182	9	long	long	ADJ
abr-289	182	10	term	term	NOUN
abr-289	182	11	debt	debt	NOUN
abr-289	182	12	to	to	ADP
abr-289	182	13	total	total	ADJ
abr-289	182	14	capital	capital	NOUN
abr-289	182	15	0.186	0.186	NUM
abr-289	182	16	5	5	NUM
abr-289	182	17	capital	capital	NOUN
abr-289	182	18	spending	spending	NOUN
abr-289	182	19	per	per	ADP
abr-289	182	20	share	share	NOUN
abr-289	182	21	-0.273	-0.273	PROPN
abr-289	182	22	2	2	NUM
abr-289	182	23	investment	investment	NOUN
abr-289	182	24	safety	safety	NOUN
abr-289	182	25	-0.056	-0.056	SYM
abr-289	182	26	8	8	NUM
abr-289	182	27	company	company	NOUN
abr-289	182	28	rank	rank	NOUN
abr-289	182	29	for	for	ADP
abr-289	182	30	financial	financial	ADJ
abr-289	182	31	strength	strength	NOUN
abr-289	182	32	-0.034	-0.034	PUNCT
abr-289	182	33	10	10	NUM
abr-289	182	34	price	price	NOUN
abr-289	182	35	predictability	predictability	NOUN
abr-289	182	36	0.181	0.181	NUM
abr-289	182	37	6	6	NUM
abr-289	182	38	rank	rank	NOUN
abr-289	182	39	for	for	ADP
abr-289	182	40	timeliness	timeliness	NOUN
abr-289	182	41	0.813	0.813	NUM
abr-289	182	42	1	1	NUM
abr-289	182	43	institutional	institutional	ADJ
abr-289	182	44	buying	buying	NOUN
abr-289	182	45	activity	activity	NOUN
abr-289	182	46	0.237	0.237	NUM
abr-289	182	47	3	3	NUM
abr-289	182	48	table	table	NOUN
abr-289	182	49	2	2	NUM
abr-289	182	50	reveals	reveal	VERB
abr-289	182	51	that	that	SCONJ
abr-289	182	52	the	the	DET
abr-289	182	53	measure	measure	NOUN
abr-289	182	54	of	of	ADP
abr-289	182	55	timeliness	timeliness	NOUN
abr-289	182	56	made	make	VERB
abr-289	182	57	the	the	DET
abr-289	182	58	greatest	great	ADJ
abr-289	182	59	contribution	contribution	NOUN
abr-289	182	60	to	to	ADP
abr-289	182	61	the	the	DET
abr-289	182	62	overall	overall	ADJ
abr-289	182	63	discriminating	discriminate	VERB
abr-289	182	64	function	function	NOUN
abr-289	182	65	.	.	PUNCT
abr-289	183	1	that	that	PRON
abr-289	183	2	was	be	AUX
abr-289	183	3	followed	follow	VERB
abr-289	183	4	respectively	respectively	ADV
abr-289	183	5	by	by	ADP
abr-289	183	6	the	the	DET
abr-289	183	7	measure	measure	NOUN
abr-289	183	8	of	of	ADP
abr-289	183	9	capital	capital	NOUN
abr-289	183	10	spending	spending	NOUN
abr-289	183	11	,	,	PUNCT
abr-289	183	12	institutional	institutional	ADJ
abr-289	183	13	buying	buying	NOUN
abr-289	183	14	activity	activity	NOUN
abr-289	183	15	,	,	PUNCT
abr-289	183	16	return	return	VERB
abr-289	183	17	to	to	ADP
abr-289	183	18	total	total	ADJ
abr-289	183	19	capital	capital	NOUN
abr-289	183	20	,	,	PUNCT
abr-289	183	21	debt	debt	NOUN
abr-289	183	22	to	to	ADP
abr-289	183	23	total	total	ADJ
abr-289	183	24	capital	capital	NOUN
abr-289	183	25	,	,	PUNCT
abr-289	183	26	price	price	NOUN
abr-289	183	27	predictability	predictability	NOUN
abr-289	183	28	,	,	PUNCT
abr-289	183	29	size	size	NOUN
abr-289	183	30	,	,	PUNCT
abr-289	183	31	safety	safety	NOUN
abr-289	183	32	of	of	ADP
abr-289	183	33	investment	investment	NOUN
abr-289	183	34	,	,	PUNCT
abr-289	183	35	operating	operate	VERB
abr-289	183	36	risk	risk	NOUN
abr-289	183	37	(	(	PUNCT
abr-289	183	38	leverage	leverage	NOUN
abr-289	183	39	)	)	PUNCT
abr-289	183	40	,	,	PUNCT
abr-289	183	41	and	and	CCONJ
abr-289	183	42	finally	finally	ADV
abr-289	183	43	,	,	PUNCT
abr-289	183	44	financial	financial	ADJ
abr-289	183	45	strength	strength	NOUN
abr-289	183	46	.	.	PUNCT
abr-289	184	1	some	some	DET
abr-289	184	2	multicollinearity	multicollinearity	NOUN
abr-289	184	3	may	may	AUX
abr-289	184	4	exist	exist	VERB
abr-289	184	5	between	between	ADP
abr-289	184	6	the	the	DET
abr-289	184	7	predictive	predictive	ADJ
abr-289	184	8	variables	variable	NOUN
abr-289	184	9	in	in	ADP
abr-289	184	10	the	the	DET
abr-289	184	11	discriminant	discriminant	NOUN
abr-289	184	12	function	function	NOUN
abr-289	184	13	since	since	SCONJ
abr-289	184	14	both	both	PRON
abr-289	184	15	safety	safety	NOUN
abr-289	184	16	and	and	CCONJ
abr-289	184	17	price	price	NOUN
abr-289	184	18	predictability	predictability	NOUN
abr-289	184	19	could	could	AUX
abr-289	184	20	be	be	AUX
abr-289	184	21	reflected	reflect	VERB
abr-289	184	22	in	in	ADP
abr-289	184	23	the	the	DET
abr-289	184	24	results	result	NOUN
abr-289	184	25	of	of	ADP
abr-289	184	26	the	the	DET
abr-289	184	27	analysis	analysis	NOUN
abr-289	184	28	.	.	PUNCT
abr-289	185	1	hair	hair	NOUN
abr-289	185	2	et	et	PROPN
abr-289	185	3	al	al	PROPN
abr-289	185	4	.	.	PROPN
abr-289	186	1	(	(	PUNCT
abr-289	186	2	1992	1992	NUM
abr-289	186	3	)	)	PUNCT
abr-289	186	4	wrote	write	VERB
abr-289	186	5	that	that	SCONJ
abr-289	186	6	this	this	DET
abr-289	186	7	consideration	consideration	NOUN
abr-289	186	8	becomes	become	VERB
abr-289	186	9	critical	critical	ADJ
abr-289	186	10	in	in	ADP
abr-289	186	11	stepwise	stepwise	ADJ
abr-289	186	12	analysis	analysis	NOUN
abr-289	186	13	and	and	CCONJ
abr-289	186	14	may	may	AUX
abr-289	186	15	be	be	AUX
abr-289	186	16	the	the	DET
abr-289	186	17	factor	factor	NOUN
abr-289	186	18	determining	determine	VERB
abr-289	186	19	whether	whether	SCONJ
abr-289	186	20	a	a	DET
abr-289	186	21	variable	variable	NOUN
abr-289	186	22	should	should	AUX
abr-289	186	23	be	be	AUX
abr-289	186	24	entered	enter	VERB
abr-289	186	25	into	into	ADP
abr-289	186	26	a	a	DET
abr-289	186	27	model	model	NOUN
abr-289	186	28	.	.	PUNCT
abr-289	187	1	however	however	ADV
abr-289	187	2	,	,	PUNCT
abr-289	187	3	when	when	SCONJ
abr-289	187	4	all	all	DET
abr-289	187	5	variables	variable	NOUN
abr-289	187	6	are	be	AUX
abr-289	187	7	entered	enter	VERB
abr-289	187	8	in	in	ADP
abr-289	187	9	the	the	DET
abr-289	187	10	model	model	NOUN
abr-289	187	11	simultaneously	simultaneously	ADV
abr-289	187	12	,	,	PUNCT
abr-289	187	13	the	the	DET
abr-289	187	14	discriminatory	discriminatory	ADJ
abr-289	187	15	power	power	NOUN
abr-289	187	16	of	of	ADP
abr-289	187	17	the	the	DET
abr-289	187	18	model	model	NOUN
abr-289	187	19	is	be	AUX
abr-289	187	20	a	a	DET
abr-289	187	21	function	function	NOUN
abr-289	187	22	of	of	ADP
abr-289	187	23	the	the	DET
abr-289	187	24	variables	variable	NOUN
abr-289	187	25	evaluated	evaluate	VERB
abr-289	187	26	as	as	ADP
abr-289	187	27	a	a	DET
abr-289	187	28	set	set	NOUN
abr-289	187	29	,	,	PUNCT
abr-289	187	30	and	and	CCONJ
abr-289	187	31	multicollinearity	multicollinearity	NOUN
abr-289	187	32	becomes	become	VERB
abr-289	187	33	less	less	ADV
abr-289	187	34	important	important	ADJ
abr-289	187	35	.	.	PUNCT
abr-289	188	1	more	more	ADV
abr-289	188	2	importantly	importantly	ADV
abr-289	188	3	,	,	PUNCT
abr-289	188	4	the	the	DET
abr-289	188	5	rankings	ranking	NOUN
abr-289	188	6	of	of	ADP
abr-289	188	7	explanatory	explanatory	ADJ
abr-289	188	8	variables	variable	NOUN
abr-289	188	9	in	in	ADP
abr-289	188	10	this	this	DET
abr-289	188	11	study	study	NOUN
abr-289	188	12	were	be	AUX
abr-289	188	13	made	make	VERB
abr-289	188	14	by	by	ADP
abr-289	188	15	the	the	DET
abr-289	188	16	canonical	canonical	ADJ
abr-289	188	17	correlation	correlation	NOUN
abr-289	188	18	coefficients	coefficient	NOUN
abr-289	188	19	shown	show	VERB
abr-289	188	20	in	in	ADP
abr-289	188	21	table	table	NOUN
abr-289	188	22	2	2	NUM
abr-289	188	23	.	.	PUNCT
abr-289	188	24	as	as	SCONJ
abr-289	188	25	discussed	discuss	VERB
abr-289	188	26	in	in	ADP
abr-289	188	27	the	the	DET
abr-289	188	28	previous	previous	ADJ
abr-289	188	29	paragraph	paragraph	NOUN
abr-289	188	30	,	,	PUNCT
abr-289	188	31	those	those	DET
abr-289	188	32	coefficients	coefficient	NOUN
abr-289	188	33	are	be	AUX
abr-289	188	34	unaffected	unaffected	ADJ
abr-289	188	35	by	by	ADP
abr-289	188	36	multicollinearity	multicollinearity	NOUN
abr-289	188	37	(	(	PUNCT
abr-289	188	38	sharma	sharma	PROPN
abr-289	188	39	,	,	PUNCT
abr-289	188	40	1996	1996	NUM
abr-289	188	41	)	)	PUNCT
abr-289	188	42	.	.	PUNCT
abr-289	189	1	78	78	NUM
abr-289	189	2	validation	validation	NOUN
abr-289	189	3	of	of	ADP
abr-289	189	4	the	the	DET
abr-289	189	5	model	model	NOUN
abr-289	189	6	before	before	SCONJ
abr-289	189	7	any	any	DET
abr-289	189	8	general	general	ADJ
abr-289	189	9	conclusions	conclusion	NOUN
abr-289	189	10	can	can	AUX
abr-289	189	11	be	be	AUX
abr-289	189	12	drawn	draw	VERB
abr-289	189	13	,	,	PUNCT
abr-289	189	14	a	a	DET
abr-289	189	15	determination	determination	NOUN
abr-289	189	16	must	must	AUX
abr-289	189	17	be	be	AUX
abr-289	189	18	made	make	VERB
abr-289	189	19	on	on	ADP
abr-289	189	20	whether	whether	SCONJ
abr-289	189	21	the	the	DET
abr-289	189	22	model	model	NOUN
abr-289	189	23	will	will	AUX
abr-289	189	24	yield	yield	VERB
abr-289	189	25	valid	valid	ADJ
abr-289	189	26	results	result	NOUN
abr-289	189	27	for	for	ADP
abr-289	189	28	any	any	DET
abr-289	189	29	group	group	NOUN
abr-289	189	30	of	of	ADP
abr-289	189	31	randomly	randomly	ADV
abr-289	189	32	drawn	draw	VERB
abr-289	189	33	firms	firm	NOUN
abr-289	189	34	.	.	PUNCT
abr-289	190	1	the	the	DET
abr-289	190	2	procedure	procedure	NOUN
abr-289	190	3	used	use	VERB
abr-289	190	4	here	here	ADV
abr-289	190	5	for	for	ADP
abr-289	190	6	validation	validation	NOUN
abr-289	190	7	is	be	AUX
abr-289	190	8	referred	refer	VERB
abr-289	190	9	to	to	ADP
abr-289	190	10	as	as	ADP
abr-289	190	11	the	the	DET
abr-289	190	12	lachenbruch	lachenbruch	ADJ
abr-289	190	13	or	or	CCONJ
abr-289	190	14	,	,	PUNCT
abr-289	190	15	more	more	ADV
abr-289	190	16	informally	informally	ADV
abr-289	190	17	,	,	PUNCT
abr-289	190	18	the	the	DET
abr-289	190	19	jackknife	jackknife	NOUN
abr-289	190	20	method	method	NOUN
abr-289	190	21	.	.	PUNCT
abr-289	191	1	in	in	ADP
abr-289	191	2	this	this	DET
abr-289	191	3	method	method	NOUN
abr-289	191	4	,	,	PUNCT
abr-289	191	5	the	the	DET
abr-289	191	6	discriminant	discriminant	ADJ
abr-289	191	7	function	function	NOUN
abr-289	191	8	is	be	AUX
abr-289	191	9	fitted	fit	VERB
abr-289	191	10	to	to	PART
abr-289	191	11	repeatedly	repeatedly	ADV
abr-289	191	12	drawn	draw	VERB
abr-289	191	13	samples	sample	NOUN
abr-289	191	14	of	of	ADP
abr-289	191	15	the	the	DET
abr-289	191	16	original	original	ADJ
abr-289	191	17	sample	sample	NOUN
abr-289	191	18	.	.	PUNCT
abr-289	192	1	the	the	DET
abr-289	192	2	procedure	procedure	NOUN
abr-289	192	3	estimates	estimate	VERB
abr-289	192	4	(	(	PUNCT
abr-289	192	5	k	k	X
abr-289	192	6	–	–	PUNCT
abr-289	192	7	1	1	X
abr-289	192	8	)	)	PUNCT
abr-289	192	9	samples	sample	NOUN
abr-289	192	10	and	and	CCONJ
abr-289	192	11	eliminates	eliminate	VERB
abr-289	192	12	one	one	NUM
abr-289	192	13	case	case	NOUN
abr-289	192	14	at	at	ADP
abr-289	192	15	a	a	DET
abr-289	192	16	time	time	NOUN
abr-289	192	17	from	from	ADP
abr-289	192	18	the	the	DET
abr-289	192	19	original	original	ADJ
abr-289	192	20	sample	sample	NOUN
abr-289	192	21	of	of	ADP
abr-289	192	22	k	k	PROPN
abr-289	192	23	cases	case	NOUN
abr-289	192	24	(	(	PUNCT
abr-289	192	25	hair	hair	NOUN
abr-289	192	26	et	et	PROPN
abr-289	192	27	al	al	PROPN
abr-289	192	28	.	.	PROPN
abr-289	192	29	,	,	PUNCT
abr-289	192	30	1992	1992	NUM
abr-289	192	31	)	)	PUNCT
abr-289	192	32	.	.	PUNCT
abr-289	193	1	the	the	DET
abr-289	193	2	expectation	expectation	NOUN
abr-289	193	3	is	be	AUX
abr-289	193	4	that	that	SCONJ
abr-289	193	5	the	the	DET
abr-289	193	6	proportion	proportion	NOUN
abr-289	193	7	of	of	ADP
abr-289	193	8	firms	firm	NOUN
abr-289	193	9	classified	classify	VERB
abr-289	193	10	correctly	correctly	ADV
abr-289	193	11	by	by	ADP
abr-289	193	12	the	the	DET
abr-289	193	13	jackknife	jackknife	NOUN
abr-289	193	14	method	method	NOUN
abr-289	193	15	would	would	AUX
abr-289	193	16	be	be	AUX
abr-289	193	17	less	less	ADJ
abr-289	193	18	than	than	ADP
abr-289	193	19	that	that	PRON
abr-289	193	20	in	in	ADP
abr-289	193	21	the	the	DET
abr-289	193	22	original	original	ADJ
abr-289	193	23	sample	sample	NOUN
abr-289	193	24	due	due	ADP
abr-289	193	25	to	to	ADP
abr-289	193	26	the	the	DET
abr-289	193	27	systematic	systematic	ADJ
abr-289	193	28	bias	bias	NOUN
abr-289	193	29	associated	associate	VERB
abr-289	193	30	with	with	ADP
abr-289	193	31	sampling	sample	VERB
abr-289	193	32	errors	error	NOUN
abr-289	193	33	.	.	PUNCT
abr-289	194	1	in	in	ADP
abr-289	194	2	this	this	DET
abr-289	194	3	study	study	NOUN
abr-289	194	4	,	,	PUNCT
abr-289	194	5	there	there	PRON
abr-289	194	6	was	be	VERB
abr-289	194	7	a	a	DET
abr-289	194	8	difference	difference	NOUN
abr-289	194	9	of	of	ADP
abr-289	194	10	eight	eight	NUM
abr-289	194	11	firms	firm	NOUN
abr-289	194	12	between	between	ADP
abr-289	194	13	the	the	DET
abr-289	194	14	original	original	ADJ
abr-289	194	15	test	test	NOUN
abr-289	194	16	and	and	CCONJ
abr-289	194	17	the	the	DET
abr-289	194	18	validation	validation	NOUN
abr-289	194	19	test	test	NOUN
abr-289	194	20	.	.	PUNCT
abr-289	195	1	the	the	DET
abr-289	195	2	major	major	ADJ
abr-289	195	3	issue	issue	NOUN
abr-289	195	4	is	be	AUX
abr-289	195	5	whether	whether	SCONJ
abr-289	195	6	the	the	DET
abr-289	195	7	proportion	proportion	NOUN
abr-289	195	8	classified	classify	VERB
abr-289	195	9	correctly	correctly	ADV
abr-289	195	10	by	by	ADP
abr-289	195	11	the	the	DET
abr-289	195	12	validation	validation	NOUN
abr-289	195	13	test	test	NOUN
abr-289	195	14	differs	differ	VERB
abr-289	195	15	significantly	significantly	ADV
abr-289	195	16	from	from	ADP
abr-289	195	17	the	the	DET
abr-289	195	18	65.5	65.5	NUM
abr-289	195	19	percent	percent	NOUN
abr-289	195	20	classified	classify	VERB
abr-289	195	21	correctly	correctly	ADV
abr-289	195	22	in	in	ADP
abr-289	195	23	the	the	DET
abr-289	195	24	original	original	ADJ
abr-289	195	25	test	test	NOUN
abr-289	195	26	.	.	PUNCT
abr-289	196	1	that	that	PRON
abr-289	196	2	is	be	AUX
abr-289	196	3	,	,	PUNCT
abr-289	196	4	is	be	AUX
abr-289	196	5	the	the	DET
abr-289	196	6	difference	difference	NOUN
abr-289	196	7	in	in	ADP
abr-289	196	8	the	the	DET
abr-289	196	9	two	two	NUM
abr-289	196	10	proportions	proportion	NOUN
abr-289	196	11	classified	classify	VERB
abr-289	196	12	correctly	correctly	ADV
abr-289	196	13	by	by	ADP
abr-289	196	14	the	the	DET
abr-289	196	15	two	two	NUM
abr-289	196	16	tests	test	NOUN
abr-289	196	17	due	due	ADJ
abr-289	196	18	to	to	PART
abr-289	196	19	bias	bias	VERB
abr-289	196	20	,	,	PUNCT
abr-289	196	21	and	and	CCONJ
abr-289	196	22	if	if	SCONJ
abr-289	196	23	so	so	ADV
abr-289	196	24	,	,	PUNCT
abr-289	196	25	is	be	AUX
abr-289	196	26	that	that	DET
abr-289	196	27	bias	bias	NOUN
abr-289	196	28	significant	significant	ADJ
abr-289	196	29	?	?	PUNCT
abr-289	197	1	of	of	ADV
abr-289	197	2	course	course	ADV
abr-289	197	3	,	,	PUNCT
abr-289	197	4	it	it	PRON
abr-289	197	5	may	may	AUX
abr-289	197	6	be	be	AUX
abr-289	197	7	obvious	obvious	ADJ
abr-289	197	8	that	that	SCONJ
abr-289	197	9	a	a	DET
abr-289	197	10	difference	difference	NOUN
abr-289	197	11	of	of	ADP
abr-289	197	12	only	only	ADV
abr-289	197	13	eight	eight	NUM
abr-289	197	14	cases	case	NOUN
abr-289	197	15	will	will	AUX
abr-289	197	16	not	not	PART
abr-289	197	17	be	be	AUX
abr-289	197	18	significant	significant	ADJ
abr-289	197	19	with	with	ADP
abr-289	197	20	a	a	DET
abr-289	197	21	sample	sample	NOUN
abr-289	197	22	of	of	ADP
abr-289	197	23	two	two	NUM
abr-289	197	24	groups	group	NOUN
abr-289	197	25	of	of	ADP
abr-289	197	26	one	one	NUM
abr-289	197	27	hundred	hundred	NUM
abr-289	197	28	firms	firm	NOUN
abr-289	197	29	in	in	ADP
abr-289	197	30	each	each	DET
abr-289	197	31	group	group	NOUN
abr-289	197	32	.	.	PUNCT
abr-289	198	1	however	however	ADV
abr-289	198	2	,	,	PUNCT
abr-289	198	3	as	as	ADP
abr-289	198	4	in	in	ADP
abr-289	198	5	the	the	DET
abr-289	198	6	aforementioned	aforementioned	ADJ
abr-289	198	7	case	case	NOUN
abr-289	198	8	of	of	ADP
abr-289	198	9	the	the	DET
abr-289	198	10	press	press	NOUN
abr-289	198	11	’s	’s	PART
abr-289	198	12	q	q	NOUN
abr-289	198	13	test	test	NOUN
abr-289	198	14	of	of	ADP
abr-289	198	15	proportions	proportion	NOUN
abr-289	198	16	,	,	PUNCT
abr-289	198	17	formal	formal	ADJ
abr-289	198	18	research	research	NOUN
abr-289	198	19	requires	require	VERB
abr-289	198	20	the	the	DET
abr-289	198	21	proof	proof	NOUN
abr-289	198	22	of	of	ADP
abr-289	198	23	a	a	DET
abr-289	198	24	statistical	statistical	ADJ
abr-289	198	25	test	test	NOUN
abr-289	198	26	.	.	PUNCT
abr-289	199	1	the	the	DET
abr-289	199	2	jackknife	jackknife	PROPN
abr-289	199	3	validation	validation	NOUN
abr-289	199	4	resulted	result	VERB
abr-289	199	5	in	in	ADP
abr-289	199	6	the	the	DET
abr-289	199	7	correct	correct	ADJ
abr-289	199	8	classification	classification	NOUN
abr-289	199	9	of	of	ADP
abr-289	199	10	61.5	61.5	NUM
abr-289	199	11	percent	percent	NOUN
abr-289	199	12	of	of	ADP
abr-289	199	13	the	the	DET
abr-289	199	14	firms	firm	NOUN
abr-289	199	15	.	.	PUNCT
abr-289	200	1	since	since	SCONJ
abr-289	200	2	there	there	PRON
abr-289	200	3	are	be	VERB
abr-289	200	4	only	only	ADV
abr-289	200	5	two	two	NUM
abr-289	200	6	samples	sample	NOUN
abr-289	200	7	for	for	ADP
abr-289	200	8	analysis	analysis	NOUN
abr-289	200	9	,	,	PUNCT
abr-289	200	10	the	the	DET
abr-289	200	11	binomial	binomial	ADJ
abr-289	200	12	test	test	NOUN
abr-289	200	13	is	be	AUX
abr-289	200	14	appropriate	appropriate	ADJ
abr-289	200	15	:	:	PUNCT
abr-289	200	16	t	t	X
abr-289	200	17	=	=	SYM
abr-289	200	18	(	(	PUNCT
abr-289	200	19	r	r	NOUN
abr-289	200	20	–	–	PUNCT
abr-289	200	21	n	n	NOUN
abr-289	200	22	p	p	NOUN
abr-289	200	23	)	)	PUNCT
abr-289	200	24	/	/	PUNCT
abr-289	201	1	[	[	X
abr-289	201	2	n	n	X
abr-289	201	3	p	p	NOUN
abr-289	201	4	q	q	X
abr-289	201	5	]	]	X
abr-289	201	6	1/2	1/2	NUM
abr-289	201	7	(	(	PUNCT
abr-289	201	8	5	5	NUM
abr-289	201	9	)	)	PUNCT
abr-289	201	10	where	where	SCONJ
abr-289	201	11	:	:	PUNCT
abr-289	201	12	t	t	PROPN
abr-289	201	13	is	be	AUX
abr-289	201	14	the	the	DET
abr-289	201	15	calculated	calculated	ADJ
abr-289	201	16	t	t	NOUN
abr-289	201	17	statistic	statistic	NOUN
abr-289	201	18	r	r	NOUN
abr-289	201	19	is	be	AUX
abr-289	201	20	the	the	DET
abr-289	201	21	number	number	NOUN
abr-289	201	22	of	of	ADP
abr-289	201	23	cases	case	NOUN
abr-289	201	24	classified	classify	VERB
abr-289	201	25	correctly	correctly	ADV
abr-289	201	26	in	in	ADP
abr-289	201	27	the	the	DET
abr-289	201	28	validation	validation	NOUN
abr-289	201	29	test	test	NOUN
abr-289	201	30	.	.	PUNCT
abr-289	202	1	n	n	PRON
abr-289	202	2	is	be	AUX
abr-289	202	3	the	the	DET
abr-289	202	4	sample	sample	NOUN
abr-289	202	5	size	size	NOUN
abr-289	202	6	.	.	PUNCT
abr-289	203	1	p	p	NOUN
abr-289	203	2	is	be	AUX
abr-289	203	3	the	the	DET
abr-289	203	4	probability	probability	NOUN
abr-289	203	5	of	of	ADP
abr-289	203	6	a	a	DET
abr-289	203	7	company	company	NOUN
abr-289	203	8	being	be	AUX
abr-289	203	9	classified	classify	VERB
abr-289	203	10	correctly	correctly	ADV
abr-289	203	11	in	in	ADP
abr-289	203	12	the	the	DET
abr-289	203	13	original	original	ADJ
abr-289	203	14	test	test	NOUN
abr-289	203	15	.	.	PUNCT
abr-289	204	1	q	q	PUNCT
abr-289	204	2	is	be	AUX
abr-289	204	3	the	the	DET
abr-289	204	4	probability	probability	NOUN
abr-289	204	5	that	that	SCONJ
abr-289	204	6	a	a	DET
abr-289	204	7	firm	firm	NOUN
abr-289	204	8	would	would	AUX
abr-289	204	9	be	be	AUX
abr-289	204	10	misclassified	misclassifie	VERB
abr-289	204	11	in	in	ADP
abr-289	204	12	the	the	DET
abr-289	204	13	original	original	ADJ
abr-289	204	14	test	test	NOUN
abr-289	204	15	.	.	PUNCT
abr-289	205	1	in	in	ADP
abr-289	205	2	this	this	DET
abr-289	205	3	case	case	NOUN
abr-289	205	4	:	:	PUNCT
abr-289	205	5	(	(	PUNCT
abr-289	205	6	123	123	NUM
abr-289	205	7	–	–	PUNCT
abr-289	205	8	200	200	NUM
abr-289	205	9	(	(	PUNCT
abr-289	205	10	.655	.655	NUM
abr-289	205	11	)	)	PUNCT
abr-289	205	12	)	)	PUNCT
abr-289	205	13	/	/	PUNCT
abr-289	206	1	[	[	X
abr-289	206	2	200	200	NUM
abr-289	206	3	(	(	PUNCT
abr-289	206	4	.655	.655	NUM
abr-289	206	5	)	)	PUNCT
abr-289	206	6	(	(	PUNCT
abr-289	206	7	.345	.345	NUM
abr-289	206	8	)	)	PUNCT
abr-289	206	9	]	]	PUNCT
abr-289	206	10	½	½	NOUN
abr-289	206	11	=	=	SYM
abr-289	206	12	-1.19	-1.19	ADP
abr-289	206	13	<	<	X
abr-289	206	14	t05	t05	PROPN
abr-289	206	15	1.645	1.645	NUM
abr-289	206	16	.	.	PUNCT
abr-289	207	1	(	(	PUNCT
abr-289	207	2	6	6	NUM
abr-289	207	3	)	)	PUNCT
abr-289	207	4	therefore	therefore	ADV
abr-289	207	5	,	,	PUNCT
abr-289	207	6	the	the	DET
abr-289	207	7	null	null	ADJ
abr-289	207	8	hypothesis	hypothesis	NOUN
abr-289	207	9	that	that	SCONJ
abr-289	207	10	there	there	PRON
abr-289	207	11	is	be	VERB
abr-289	207	12	no	no	DET
abr-289	207	13	significant	significant	ADJ
abr-289	207	14	difference	difference	NOUN
abr-289	207	15	between	between	ADP
abr-289	207	16	the	the	DET
abr-289	207	17	proportion	proportion	NOUN
abr-289	207	18	of	of	ADP
abr-289	207	19	firms	firm	NOUN
abr-289	207	20	classified	classify	VERB
abr-289	207	21	correctly	correctly	ADV
abr-289	207	22	in	in	ADP
abr-289	207	23	the	the	DET
abr-289	207	24	original	original	ADJ
abr-289	207	25	test	test	NOUN
abr-289	207	26	and	and	CCONJ
abr-289	207	27	the	the	DET
abr-289	207	28	proportion	proportion	NOUN
abr-289	207	29	classified	classify	VERB
abr-289	207	30	correctly	correctly	ADV
abr-289	207	31	in	in	ADP
abr-289	207	32	the	the	DET
abr-289	207	33	validation	validation	NOUN
abr-289	207	34	test	test	NOUN
abr-289	207	35	can	can	AUX
abr-289	207	36	not	not	PART
abr-289	207	37	be	be	AUX
abr-289	207	38	rejected	reject	VERB
abr-289	207	39	.	.	PUNCT
abr-289	208	1	thus	thus	ADV
abr-289	208	2	,	,	PUNCT
abr-289	208	3	it	it	PRON
abr-289	208	4	can	can	AUX
abr-289	208	5	be	be	AUX
abr-289	208	6	concluded	conclude	VERB
abr-289	208	7	that	that	SCONJ
abr-289	208	8	while	while	SCONJ
abr-289	208	9	there	there	PRON
abr-289	208	10	may	may	AUX
abr-289	208	11	be	be	AUX
abr-289	208	12	some	some	DET
abr-289	208	13	bias	bias	NOUN
abr-289	208	14	in	in	ADP
abr-289	208	15	the	the	DET
abr-289	208	16	original	original	ADJ
abr-289	208	17	analysis	analysis	NOUN
abr-289	208	18	,	,	PUNCT
abr-289	208	19	it	it	PRON
abr-289	208	20	is	be	AUX
abr-289	208	21	not	not	PART
abr-289	208	22	significant	significant	ADJ
abr-289	208	23	,	,	PUNCT
abr-289	208	24	and	and	CCONJ
abr-289	208	25	it	it	PRON
abr-289	208	26	is	be	AUX
abr-289	208	27	concluded	conclude	VERB
abr-289	208	28	that	that	SCONJ
abr-289	208	29	the	the	DET
abr-289	208	30	procedure	procedure	NOUN
abr-289	208	31	will	will	AUX
abr-289	208	32	classify	classify	VERB
abr-289	208	33	new	new	ADJ
abr-289	208	34	firms	firm	NOUN
abr-289	208	35	as	as	ADV
abr-289	208	36	well	well	ADV
abr-289	208	37	as	as	ADP
abr-289	208	38	it	it	PRON
abr-289	208	39	did	do	VERB
abr-289	208	40	in	in	ADP
abr-289	208	41	the	the	DET
abr-289	208	42	original	original	ADJ
abr-289	208	43	analysis	analysis	NOUN
abr-289	208	44	.	.	PUNCT
abr-289	209	1	in	in	ADP
abr-289	209	2	addition	addition	NOUN
abr-289	209	3	to	to	ADP
abr-289	209	4	the	the	DET
abr-289	209	5	validation	validation	NOUN
abr-289	209	6	procedure	procedure	NOUN
abr-289	209	7	,	,	PUNCT
abr-289	209	8	researchers	researcher	NOUN
abr-289	209	9	usually	usually	ADV
abr-289	209	10	address	address	VERB
abr-289	209	11	the	the	DET
abr-289	209	12	question	question	NOUN
abr-289	209	13	of	of	ADP
abr-289	209	14	the	the	DET
abr-289	209	15	equality	equality	NOUN
abr-289	209	16	of	of	ADP
abr-289	209	17	matrices	matrix	NOUN
abr-289	209	18	.	.	PUNCT
abr-289	210	1	that	that	DET
abr-289	210	2	equality	equality	NOUN
abr-289	210	3	is	be	AUX
abr-289	210	4	especially	especially	ADV
abr-289	210	5	important	important	ADJ
abr-289	210	6	in	in	ADP
abr-289	210	7	studies	study	NOUN
abr-289	210	8	such	such	ADJ
abr-289	210	9	as	as	ADP
abr-289	210	10	this	this	PRON
abr-289	210	11	,	,	PUNCT
abr-289	210	12	where	where	SCONJ
abr-289	210	13	there	there	PRON
abr-289	210	14	is	be	VERB
abr-289	210	15	a	a	DET
abr-289	210	16	disparity	disparity	NOUN
abr-289	210	17	in	in	ADP
abr-289	210	18	the	the	DET
abr-289	210	19	size	size	NOUN
abr-289	210	20	of	of	ADP
abr-289	210	21	the	the	DET
abr-289	210	22	groups	group	NOUN
abr-289	210	23	.	.	PUNCT
abr-289	211	1	however	however	ADV
abr-289	211	2	,	,	PUNCT
abr-289	211	3	there	there	PRON
abr-289	211	4	is	be	VERB
abr-289	211	5	no	no	DET
abr-289	211	6	disparity	disparity	NOUN
abr-289	211	7	in	in	ADP
abr-289	211	8	this	this	DET
abr-289	211	9	study	study	NOUN
abr-289	211	10	;	;	PUNCT
abr-289	211	11	both	both	DET
abr-289	211	12	groups	group	NOUN
abr-289	211	13	have	have	VERB
abr-289	211	14	100	100	NUM
abr-289	211	15	observations	observation	NOUN
abr-289	211	16	.	.	PUNCT
abr-289	212	1	one	one	NUM
abr-289	212	2	of	of	ADP
abr-289	212	3	the	the	DET
abr-289	212	4	assumptions	assumption	NOUN
abr-289	212	5	in	in	ADP
abr-289	212	6	using	use	VERB
abr-289	212	7	mda	mda	PROPN
abr-289	212	8	is	be	AUX
abr-289	212	9	that	that	SCONJ
abr-289	212	10	the	the	DET
abr-289	212	11	variance	variance	NOUN
abr-289	212	12	-	-	PUNCT
abr-289	212	13	covariance	covariance	NOUN
abr-289	212	14	matrices	matrix	NOUN
abr-289	212	15	of	of	ADP
abr-289	212	16	the	the	DET
abr-289	212	17	two	two	NUM
abr-289	212	18	groups	group	NOUN
abr-289	212	19	are	be	AUX
abr-289	212	20	equal	equal	ADJ
abr-289	212	21	.	.	PUNCT
abr-289	213	1	the	the	DET
abr-289	213	2	spss	spss	PROPN
abr-289	213	3	program	program	NOUN
abr-289	213	4	tests	test	NOUN
abr-289	213	5	for	for	ADP
abr-289	213	6	equality	equality	NOUN
abr-289	213	7	of	of	ADP
abr-289	213	8	matrices	matrix	NOUN
abr-289	213	9	utilizing	utilize	VERB
abr-289	213	10	the	the	DET
abr-289	213	11	box	box	NOUN
abr-289	213	12	’s	’s	PART
abr-289	213	13	m	m	PROPN
abr-289	213	14	statistic	statistic	NOUN
abr-289	213	15	.	.	PUNCT
abr-289	214	1	box	box	PROPN
abr-289	214	2	’s	’s	PART
abr-289	214	3	m	m	VERB
abr-289	214	4	is	be	AUX
abr-289	214	5	a	a	DET
abr-289	214	6	parametric	parametric	ADJ
abr-289	214	7	test	test	NOUN
abr-289	214	8	used	use	VERB
abr-289	214	9	to	to	PART
abr-289	214	10	compare	compare	VERB
abr-289	214	11	variation	variation	NOUN
abr-289	214	12	in	in	ADP
abr-289	214	13	multivariate	multivariate	NOUN
abr-289	214	14	samples	sample	NOUN
abr-289	214	15	.	.	PUNCT
abr-289	215	1	more	more	ADV
abr-289	215	2	specifically	specifically	ADV
abr-289	215	3	,	,	PUNCT
abr-289	215	4	it	it	PRON
abr-289	215	5	tests	test	VERB
abr-289	215	6	if	if	SCONJ
abr-289	215	7	two	two	NUM
abr-289	215	8	or	or	CCONJ
abr-289	215	9	more	more	ADJ
abr-289	215	10	covariance	covariance	NOUN
abr-289	215	11	matrices	matrix	NOUN
abr-289	215	12	are	be	AUX
abr-289	215	13	equal	equal	ADJ
abr-289	215	14	(	(	PUNCT
abr-289	215	15	homogeneous	homogeneous	ADJ
abr-289	215	16	)	)	PUNCT
abr-289	215	17	.	.	PUNCT
abr-289	216	1	in	in	ADP
abr-289	216	2	this	this	DET
abr-289	216	3	study	study	NOUN
abr-289	216	4	,	,	PUNCT
abr-289	216	5	box	box	PROPN
abr-289	216	6	's	's	PART
abr-289	216	7	m	m	AUX
abr-289	216	8	transformed	transform	VERB
abr-289	216	9	to	to	ADP
abr-289	216	10	the	the	DET
abr-289	216	11	more	more	ADV
abr-289	216	12	familiar	familiar	ADJ
abr-289	216	13	f	f	PROPN
abr-289	216	14	statistic	statistic	NOUN
abr-289	216	15	of	of	ADP
abr-289	216	16	13.37	13.37	NUM
abr-289	216	17	resulted	result	VERB
abr-289	216	18	in	in	ADP
abr-289	216	19	a	a	DET
abr-289	216	20	zero	zero	NUM
abr-289	216	21	level	level	NOUN
abr-289	216	22	of	of	ADP
abr-289	216	23	significance	significance	NOUN
abr-289	216	24	.	.	PUNCT
abr-289	217	1	thus	thus	ADV
abr-289	217	2	,	,	PUNCT
abr-289	217	3	the	the	DET
abr-289	217	4	null	null	ADJ
abr-289	217	5	hypothesis	hypothesis	NOUN
abr-289	217	6	that	that	PRON
abr-289	217	7	the	the	DET
abr-289	217	8	two	two	NUM
abr-289	217	9	matrices	matrix	NOUN
abr-289	217	10	are	be	AUX
abr-289	217	11	equal	equal	ADJ
abr-289	217	12	can	can	AUX
abr-289	217	13	not	not	PART
abr-289	217	14	be	be	AUX
abr-289	217	15	rejected	reject	VERB
abr-289	217	16	.	.	PUNCT
abr-289	218	1	summary	summary	NOUN
abr-289	218	2	and	and	CCONJ
abr-289	218	3	conclusion	conclusion	VERB
abr-289	218	4	the	the	DET
abr-289	218	5	value	value	NOUN
abr-289	218	6	line	line	NOUN
abr-289	218	7	investment	investment	NOUN
abr-289	218	8	survey	survey	NOUN
abr-289	218	9	ranking	ranking	NOUN
abr-289	218	10	of	of	ADP
abr-289	218	11	each	each	PRON
abr-289	218	12	of	of	ADP
abr-289	218	13	the	the	DET
abr-289	218	14	1700	1700	NUM
abr-289	218	15	companies	company	NOUN
abr-289	218	16	in	in	ADP
abr-289	218	17	their	their	PRON
abr-289	218	18	database	database	NOUN
abr-289	218	19	on	on	ADP
abr-289	218	20	the	the	DET
abr-289	218	21	basis	basis	NOUN
abr-289	218	22	of	of	ADP
abr-289	218	23	technical	technical	ADJ
abr-289	218	24	analysis	analysis	NOUN
abr-289	218	25	is	be	AUX
abr-289	218	26	well	well	ADV
abr-289	218	27	-	-	PUNCT
abr-289	218	28	known	know	VERB
abr-289	218	29	.	.	PUNCT
abr-289	219	1	it	it	PRON
abr-289	219	2	has	have	AUX
abr-289	219	3	been	be	AUX
abr-289	219	4	a	a	DET
abr-289	219	5	popular	popular	ADJ
abr-289	219	6	source	source	NOUN
abr-289	219	7	of	of	ADP
abr-289	219	8	information	information	NOUN
abr-289	219	9	for	for	ADP
abr-289	219	10	investors	investor	NOUN
abr-289	219	11	since	since	SCONJ
abr-289	219	12	1965	1965	NUM
abr-289	219	13	.	.	PUNCT
abr-289	220	1	previous	previous	ADJ
abr-289	220	2	studies	study	NOUN
abr-289	220	3	that	that	PRON
abr-289	220	4	examined	examine	VERB
abr-289	220	5	the	the	DET
abr-289	220	6	fundamental	fundamental	ADJ
abr-289	220	7	characteristics	characteristic	NOUN
abr-289	220	8	of	of	ADP
abr-289	220	9	those	those	DET
abr-289	220	10	firms	firm	NOUN
abr-289	220	11	identified	identify	VERB
abr-289	220	12	as	as	ADP
abr-289	220	13	having	have	VERB
abr-289	220	14	the	the	DET
abr-289	220	15	highest	high	ADJ
abr-289	220	16	technical	technical	ADJ
abr-289	220	17	ratings	rating	NOUN
abr-289	220	18	have	have	AUX
abr-289	220	19	ignored	ignore	VERB
abr-289	220	20	the	the	DET
abr-289	220	21	macroeconomic	macroeconomic	ADJ
abr-289	220	22	background	background	NOUN
abr-289	220	23	and	and	CCONJ
abr-289	220	24	conditions	condition	NOUN
abr-289	220	25	in	in	ADP
abr-289	220	26	the	the	DET
abr-289	220	27	financial	financial	ADJ
abr-289	220	28	markets	market	NOUN
abr-289	220	29	at	at	ADP
abr-289	220	30	the	the	DET
abr-289	220	31	time	time	NOUN
abr-289	220	32	those	those	DET
abr-289	220	33	high	high	ADJ
abr-289	220	34	ratings	rating	NOUN
abr-289	220	35	were	be	AUX
abr-289	220	36	awarded	award	VERB
abr-289	220	37	.	.	PUNCT
abr-289	221	1	the	the	DET
abr-289	221	2	purpose	purpose	NOUN
abr-289	221	3	of	of	ADP
abr-289	221	4	this	this	DET
abr-289	221	5	study	study	NOUN
abr-289	221	6	was	be	AUX
abr-289	221	7	to	to	PART
abr-289	221	8	establish	establish	VERB
abr-289	221	9	a	a	DET
abr-289	221	10	financial	financial	ADJ
abr-289	221	11	profile	profile	NOUN
abr-289	221	12	of	of	ADP
abr-289	221	13	those	those	DET
abr-289	221	14	firms	firm	NOUN
abr-289	221	15	identified	identify	VERB
abr-289	221	16	as	as	ADP
abr-289	221	17	having	have	VERB
abr-289	221	18	the	the	DET
abr-289	221	19	highest	high	ADJ
abr-289	221	20	value	value	NOUN
abr-289	221	21	line	line	NOUN
abr-289	221	22	technical	technical	ADJ
abr-289	221	23	ratings	rating	NOUN
abr-289	221	24	in	in	ADP
abr-289	221	25	a	a	DET
abr-289	221	26	unique	unique	ADJ
abr-289	221	27	economic	economic	ADJ
abr-289	221	28	environment	environment	NOUN
abr-289	221	29	characterized	characterize	VERB
abr-289	221	30	by	by	ADP
abr-289	221	31	high	high	ADJ
abr-289	221	32	growth	growth	NOUN
abr-289	221	33	,	,	PUNCT
abr-289	221	34	stable	stable	ADJ
abr-289	221	35	prices	price	NOUN
abr-289	221	36	,	,	PUNCT
abr-289	221	37	and	and	CCONJ
abr-289	221	38	low	low	ADJ
abr-289	221	39	79	79	NUM
abr-289	221	40	unemployment	unemployment	NOUN
abr-289	221	41	.	.	PUNCT
abr-289	222	1	then	then	ADV
abr-289	222	2	to	to	PART
abr-289	222	3	compare	compare	VERB
abr-289	222	4	those	those	DET
abr-289	222	5	firms	firm	NOUN
abr-289	222	6	with	with	ADP
abr-289	222	7	firms	firm	NOUN
abr-289	222	8	chosen	choose	VERB
abr-289	222	9	at	at	ADP
abr-289	222	10	random	random	ADJ
abr-289	222	11	,	,	PUNCT
abr-289	222	12	but	but	CCONJ
abr-289	222	13	from	from	ADP
abr-289	222	14	the	the	DET
abr-289	222	15	same	same	ADJ
abr-289	222	16	industries	industry	NOUN
abr-289	222	17	as	as	ADP
abr-289	222	18	the	the	DET
abr-289	222	19	first	first	ADJ
abr-289	222	20	group	group	NOUN
abr-289	222	21	to	to	PART
abr-289	222	22	determine	determine	VERB
abr-289	222	23	whether	whether	SCONJ
abr-289	222	24	the	the	DET
abr-289	222	25	firms	firm	NOUN
abr-289	222	26	with	with	ADP
abr-289	222	27	the	the	DET
abr-289	222	28	high	high	ADJ
abr-289	222	29	technical	technical	ADJ
abr-289	222	30	ratings	rating	NOUN
abr-289	222	31	have	have	VERB
abr-289	222	32	a	a	DET
abr-289	222	33	unique	unique	ADJ
abr-289	222	34	risk	risk	NOUN
abr-289	222	35	-	-	PUNCT
abr-289	222	36	return	return	NOUN
abr-289	222	37	financial	financial	ADJ
abr-289	222	38	profile	profile	NOUN
abr-289	222	39	.	.	PUNCT
abr-289	223	1	in	in	ADP
abr-289	223	2	this	this	DET
abr-289	223	3	study	study	NOUN
abr-289	223	4	,	,	PUNCT
abr-289	223	5	the	the	DET
abr-289	223	6	group	group	NOUN
abr-289	223	7	of	of	ADP
abr-289	223	8	explanatory	explanatory	ADJ
abr-289	223	9	variables	variable	NOUN
abr-289	223	10	chosen	choose	VERB
abr-289	223	11	for	for	ADP
abr-289	223	12	analysis	analysis	NOUN
abr-289	223	13	includes	include	VERB
abr-289	223	14	one	one	NUM
abr-289	223	15	measure	measure	NOUN
abr-289	223	16	of	of	ADP
abr-289	223	17	the	the	DET
abr-289	223	18	size	size	NOUN
abr-289	223	19	of	of	ADP
abr-289	223	20	the	the	DET
abr-289	223	21	firm	firm	NOUN
abr-289	223	22	,	,	PUNCT
abr-289	223	23	one	one	NUM
abr-289	223	24	measure	measure	NOUN
abr-289	223	25	of	of	ADP
abr-289	223	26	return	return	NOUN
abr-289	223	27	on	on	ADP
abr-289	223	28	investment	investment	NOUN
abr-289	223	29	,	,	PUNCT
abr-289	223	30	two	two	NUM
abr-289	223	31	measures	measure	NOUN
abr-289	223	32	of	of	ADP
abr-289	223	33	risk	risk	NOUN
abr-289	223	34	,	,	PUNCT
abr-289	223	35	one	one	NUM
abr-289	223	36	measure	measure	NOUN
abr-289	223	37	of	of	ADP
abr-289	223	38	capital	capital	NOUN
abr-289	223	39	spending	spending	NOUN
abr-289	223	40	,	,	PUNCT
abr-289	223	41	a	a	DET
abr-289	223	42	measure	measure	NOUN
abr-289	223	43	of	of	ADP
abr-289	223	44	the	the	DET
abr-289	223	45	safety	safety	NOUN
abr-289	223	46	of	of	ADP
abr-289	223	47	investment	investment	NOUN
abr-289	223	48	,	,	PUNCT
abr-289	223	49	a	a	DET
abr-289	223	50	measure	measure	NOUN
abr-289	223	51	of	of	ADP
abr-289	223	52	financial	financial	ADJ
abr-289	223	53	strength	strength	NOUN
abr-289	223	54	,	,	PUNCT
abr-289	223	55	a	a	DET
abr-289	223	56	measure	measure	NOUN
abr-289	223	57	of	of	ADP
abr-289	223	58	price	price	NOUN
abr-289	223	59	predictability	predictability	NOUN
abr-289	223	60	,	,	PUNCT
abr-289	223	61	a	a	DET
abr-289	223	62	measure	measure	NOUN
abr-289	223	63	of	of	ADP
abr-289	223	64	the	the	DET
abr-289	223	65	timeliness	timeliness	NOUN
abr-289	223	66	of	of	ADP
abr-289	223	67	investment	investment	NOUN
abr-289	223	68	in	in	ADP
abr-289	223	69	the	the	DET
abr-289	223	70	firm	firm	NOUN
abr-289	223	71	,	,	PUNCT
abr-289	223	72	and	and	CCONJ
abr-289	223	73	finally	finally	ADV
abr-289	223	74	,	,	PUNCT
abr-289	223	75	and	and	CCONJ
abr-289	223	76	one	one	NUM
abr-289	223	77	measure	measure	NOUN
abr-289	223	78	of	of	ADP
abr-289	223	79	how	how	SCONJ
abr-289	223	80	the	the	DET
abr-289	223	81	firm	firm	NOUN
abr-289	223	82	may	may	AUX
abr-289	223	83	be	be	AUX
abr-289	223	84	perceived	perceive	VERB
abr-289	223	85	by	by	ADP
abr-289	223	86	investors	investor	NOUN
abr-289	223	87	at	at	ADP
abr-289	223	88	the	the	DET
abr-289	223	89	margin	margin	NOUN
abr-289	223	90	.	.	PUNCT
abr-289	224	1	it	it	PRON
abr-289	224	2	is	be	AUX
abr-289	224	3	the	the	DET
abr-289	224	4	buying	buying	NOUN
abr-289	224	5	and	and	CCONJ
abr-289	224	6	selling	selling	NOUN
abr-289	224	7	of	of	ADP
abr-289	224	8	those	those	DET
abr-289	224	9	investors	investor	NOUN
abr-289	224	10	that	that	PRON
abr-289	224	11	establish	establish	VERB
abr-289	224	12	the	the	DET
abr-289	224	13	market	market	NOUN
abr-289	224	14	value	value	NOUN
abr-289	224	15	of	of	ADP
abr-289	224	16	both	both	DET
abr-289	224	17	equity	equity	NOUN
abr-289	224	18	and	and	CCONJ
abr-289	224	19	debt	debt	NOUN
abr-289	224	20	.	.	PUNCT
abr-289	225	1	a	a	DET
abr-289	225	2	unique	unique	ADJ
abr-289	225	3	set	set	NOUN
abr-289	225	4	of	of	ADP
abr-289	225	5	explanatory	explanatory	ADJ
abr-289	225	6	variables	variable	NOUN
abr-289	225	7	was	be	AUX
abr-289	225	8	found	find	VERB
abr-289	225	9	for	for	ADP
abr-289	225	10	those	those	DET
abr-289	225	11	firms	firm	NOUN
abr-289	225	12	with	with	ADP
abr-289	225	13	high	high	ADJ
abr-289	225	14	value	value	NOUN
abr-289	225	15	line	line	NOUN
abr-289	225	16	technical	technical	ADJ
abr-289	225	17	ratings	rating	NOUN
abr-289	225	18	.	.	PUNCT
abr-289	226	1	the	the	DET
abr-289	226	2	results	result	NOUN
abr-289	226	3	of	of	ADP
abr-289	226	4	the	the	DET
abr-289	226	5	statistical	statistical	ADJ
abr-289	226	6	analysis	analysis	NOUN
abr-289	226	7	indicated	indicate	VERB
abr-289	226	8	first	first	ADV
abr-289	226	9	that	that	SCONJ
abr-289	226	10	there	there	PRON
abr-289	226	11	was	be	VERB
abr-289	226	12	a	a	DET
abr-289	226	13	significant	significant	ADJ
abr-289	226	14	difference	difference	NOUN
abr-289	226	15	in	in	ADP
abr-289	226	16	the	the	DET
abr-289	226	17	financial	financial	ADJ
abr-289	226	18	profiles	profile	NOUN
abr-289	226	19	of	of	ADP
abr-289	226	20	the	the	DET
abr-289	226	21	two	two	NUM
abr-289	226	22	groups	group	NOUN
abr-289	226	23	of	of	ADP
abr-289	226	24	firms	firm	NOUN
abr-289	226	25	and	and	CCONJ
abr-289	226	26	that	that	SCONJ
abr-289	226	27	among	among	ADP
abr-289	226	28	the	the	DET
abr-289	226	29	ten	ten	NUM
abr-289	226	30	variables	variable	NOUN
abr-289	226	31	tested	test	VERB
abr-289	226	32	,	,	PUNCT
abr-289	226	33	six	six	NUM
abr-289	226	34	were	be	AUX
abr-289	226	35	unique	unique	ADJ
abr-289	226	36	to	to	ADP
abr-289	226	37	the	the	DET
abr-289	226	38	firms	firm	NOUN
abr-289	226	39	with	with	ADP
abr-289	226	40	high	high	ADJ
abr-289	226	41	technical	technical	ADJ
abr-289	226	42	ratings	rating	NOUN
abr-289	226	43	,	,	PUNCT
abr-289	226	44	and	and	CCONJ
abr-289	226	45	four	four	NUM
abr-289	226	46	were	be	AUX
abr-289	226	47	not	not	PART
abr-289	226	48	characteristic	characteristic	ADJ
abr-289	226	49	of	of	ADP
abr-289	226	50	that	that	DET
abr-289	226	51	group	group	NOUN
abr-289	226	52	.	.	PUNCT
abr-289	227	1	the	the	DET
abr-289	227	2	arithmetic	arithmetic	ADJ
abr-289	227	3	signs	sign	NOUN
abr-289	227	4	of	of	ADP
abr-289	227	5	the	the	DET
abr-289	227	6	adjusted	adjust	VERB
abr-289	227	7	coefficients	coefficient	NOUN
abr-289	227	8	in	in	ADP
abr-289	227	9	table	table	NOUN
abr-289	227	10	2	2	NUM
abr-289	227	11	reveal	reveal	VERB
abr-289	227	12	that	that	DET
abr-289	227	13	distinction	distinction	NOUN
abr-289	227	14	.	.	PUNCT
abr-289	228	1	normally	normally	ADV
abr-289	228	2	,	,	PUNCT
abr-289	228	3	a	a	DET
abr-289	228	4	positive	positive	ADJ
abr-289	228	5	sign	sign	NOUN
abr-289	228	6	indicates	indicate	VERB
abr-289	228	7	that	that	SCONJ
abr-289	228	8	the	the	DET
abr-289	228	9	greater	great	ADJ
abr-289	228	10	a	a	DET
abr-289	228	11	firm	firm	NOUN
abr-289	228	12	’s	’s	PART
abr-289	228	13	value	value	NOUN
abr-289	228	14	for	for	ADP
abr-289	228	15	the	the	DET
abr-289	228	16	variable	variable	NOUN
abr-289	228	17	,	,	PUNCT
abr-289	228	18	the	the	PRON
abr-289	228	19	more	more	ADV
abr-289	228	20	likely	likely	ADJ
abr-289	228	21	it	it	PRON
abr-289	228	22	will	will	AUX
abr-289	228	23	be	be	AUX
abr-289	228	24	in	in	ADP
abr-289	228	25	group	group	NOUN
abr-289	228	26	two	two	NUM
abr-289	228	27	,	,	PUNCT
abr-289	228	28	the	the	DET
abr-289	228	29	htr	htr	PROPN
abr-289	228	30	group	group	NOUN
abr-289	228	31	,	,	PUNCT
abr-289	228	32	and	and	CCONJ
abr-289	228	33	a	a	DET
abr-289	228	34	negative	negative	ADJ
abr-289	228	35	sign	sign	NOUN
abr-289	228	36	for	for	ADP
abr-289	228	37	an	an	DET
abr-289	228	38	adjusted	adjust	VERB
abr-289	228	39	coefficient	coefficient	NOUN
abr-289	228	40	signifies	signify	VERB
abr-289	228	41	that	that	SCONJ
abr-289	228	42	the	the	PRON
abr-289	228	43	greater	great	ADJ
abr-289	228	44	a	a	DET
abr-289	228	45	firm	firm	NOUN
abr-289	228	46	’s	’s	PART
abr-289	228	47	value	value	NOUN
abr-289	228	48	for	for	ADP
abr-289	228	49	that	that	DET
abr-289	228	50	variable	variable	NOUN
abr-289	228	51	,	,	PUNCT
abr-289	228	52	the	the	PRON
abr-289	228	53	more	more	ADV
abr-289	228	54	likely	likely	ADJ
abr-289	228	55	it	it	PRON
abr-289	228	56	will	will	AUX
abr-289	228	57	be	be	AUX
abr-289	228	58	classified	classify	VERB
abr-289	228	59	in	in	ADP
abr-289	228	60	group	group	NOUN
abr-289	228	61	one	one	NUM
abr-289	228	62	,	,	PUNCT
abr-289	228	63	the	the	DET
abr-289	228	64	fcr	fcr	PROPN
abr-289	228	65	group	group	NOUN
abr-289	228	66	.	.	PUNCT
abr-289	229	1	thus	thus	ADV
abr-289	229	2	,	,	PUNCT
abr-289	229	3	according	accord	VERB
abr-289	229	4	to	to	ADP
abr-289	229	5	table	table	NOUN
abr-289	229	6	2	2	NUM
abr-289	229	7	,	,	PUNCT
abr-289	229	8	the	the	PRON
abr-289	229	9	greater	great	ADJ
abr-289	229	10	the	the	DET
abr-289	229	11	canonical	canonical	ADJ
abr-289	229	12	coefficients	coefficient	NOUN
abr-289	229	13	of	of	ADP
abr-289	229	14	size	size	NOUN
abr-289	229	15	,	,	PUNCT
abr-289	229	16	return	return	VERB
abr-289	229	17	on	on	ADP
abr-289	229	18	total	total	ADJ
abr-289	229	19	capital	capital	NOUN
abr-289	229	20	,	,	PUNCT
abr-289	229	21	financial	financial	ADJ
abr-289	229	22	leverage	leverage	NOUN
abr-289	229	23	(	(	PUNCT
abr-289	229	24	debt	debt	NOUN
abr-289	229	25	)	)	PUNCT
abr-289	229	26	,	,	PUNCT
abr-289	229	27	price	price	NOUN
abr-289	229	28	predictability	predictability	NOUN
abr-289	229	29	,	,	PUNCT
abr-289	229	30	timeliness	timeliness	NOUN
abr-289	229	31	,	,	PUNCT
abr-289	229	32	and	and	CCONJ
abr-289	229	33	institutional	institutional	ADJ
abr-289	229	34	buying	buying	NOUN
abr-289	229	35	activity	activity	NOUN
abr-289	229	36	,	,	PUNCT
abr-289	229	37	the	the	PRON
abr-289	229	38	more	more	ADV
abr-289	229	39	likely	likely	ADJ
abr-289	229	40	the	the	DET
abr-289	229	41	firm	firm	NOUN
abr-289	229	42	would	would	AUX
abr-289	229	43	have	have	VERB
abr-289	229	44	a	a	DET
abr-289	229	45	high	high	ADJ
abr-289	229	46	value	value	NOUN
abr-289	229	47	line	line	NOUN
abr-289	229	48	technical	technical	ADJ
abr-289	229	49	rating	rating	NOUN
abr-289	229	50	.	.	PUNCT
abr-289	230	1	conversely	conversely	ADV
abr-289	230	2	,	,	PUNCT
abr-289	230	3	the	the	PRON
abr-289	230	4	greater	great	ADJ
abr-289	230	5	the	the	DET
abr-289	230	6	measures	measure	NOUN
abr-289	230	7	of	of	ADP
abr-289	230	8	capital	capital	NOUN
abr-289	230	9	spending	spending	NOUN
abr-289	230	10	,	,	PUNCT
abr-289	230	11	investment	investment	NOUN
abr-289	230	12	safety	safety	NOUN
abr-289	230	13	,	,	PUNCT
abr-289	230	14	operating	operate	VERB
abr-289	230	15	leverage	leverage	NOUN
abr-289	230	16	(	(	PUNCT
abr-289	230	17	operating	operating	NOUN
abr-289	230	18	risk	risk	NOUN
abr-289	230	19	)	)	PUNCT
abr-289	230	20	,	,	PUNCT
abr-289	230	21	and	and	CCONJ
abr-289	230	22	a	a	DET
abr-289	230	23	company	company	NOUN
abr-289	230	24	’s	’s	PART
abr-289	230	25	measure	measure	NOUN
abr-289	230	26	for	for	ADP
abr-289	230	27	financial	financial	ADJ
abr-289	230	28	strength	strength	NOUN
abr-289	230	29	,	,	PUNCT
abr-289	230	30	the	the	PRON
abr-289	230	31	more	more	ADV
abr-289	230	32	likely	likely	ADJ
abr-289	230	33	the	the	DET
abr-289	230	34	firm	firm	NOUN
abr-289	230	35	would	would	AUX
abr-289	230	36	be	be	AUX
abr-289	230	37	a	a	DET
abr-289	230	38	randomly	randomly	ADV
abr-289	230	39	chosen	choose	VERB
abr-289	230	40	firm	firm	NOUN
abr-289	230	41	.	.	PUNCT
abr-289	231	1	the	the	DET
abr-289	231	2	canonical	canonical	ADJ
abr-289	231	3	coefficients	coefficient	NOUN
abr-289	231	4	in	in	ADP
abr-289	231	5	table	table	NOUN
abr-289	231	6	2	2	NUM
abr-289	231	7	indicate	indicate	VERB
abr-289	231	8	the	the	DET
abr-289	231	9	strength	strength	NOUN
abr-289	231	10	of	of	ADP
abr-289	231	11	each	each	DET
abr-289	231	12	explanatory	explanatory	ADJ
abr-289	231	13	variable	variable	NOUN
abr-289	231	14	in	in	ADP
abr-289	231	15	the	the	DET
abr-289	231	16	discriminant	discriminant	NOUN
abr-289	231	17	function	function	NOUN
abr-289	231	18	.	.	PUNCT
abr-289	232	1	that	that	PRON
abr-289	232	2	is	be	AUX
abr-289	232	3	the	the	DET
abr-289	232	4	relative	relative	ADJ
abr-289	232	5	power	power	NOUN
abr-289	232	6	to	to	PART
abr-289	232	7	discriminate	discriminate	VERB
abr-289	232	8	between	between	ADP
abr-289	232	9	the	the	DET
abr-289	232	10	two	two	NUM
abr-289	232	11	groups	group	NOUN
abr-289	232	12	.	.	PUNCT
abr-289	233	1	five	five	NUM
abr-289	233	2	of	of	ADP
abr-289	233	3	these	these	DET
abr-289	233	4	results	result	NOUN
abr-289	233	5	may	may	AUX
abr-289	233	6	have	have	AUX
abr-289	233	7	been	be	AUX
abr-289	233	8	expected	expect	VERB
abr-289	233	9	.	.	PUNCT
abr-289	234	1	four	four	NUM
abr-289	234	2	had	have	VERB
abr-289	234	3	no	no	DET
abr-289	234	4	apriori	apriori	ADJ
abr-289	234	5	expectations	expectation	NOUN
abr-289	234	6	and	and	CCONJ
abr-289	234	7	,	,	PUNCT
abr-289	234	8	one	one	NUM
abr-289	234	9	was	be	AUX
abr-289	234	10	simply	simply	ADV
abr-289	234	11	a	a	DET
abr-289	234	12	mild	mild	ADJ
abr-289	234	13	surprise	surprise	NOUN
abr-289	234	14	.	.	PUNCT
abr-289	235	1	explanations	explanation	NOUN
abr-289	235	2	as	as	ADP
abr-289	235	3	to	to	ADP
abr-289	235	4	why	why	SCONJ
abr-289	235	5	the	the	DET
abr-289	235	6	variables	variable	NOUN
abr-289	235	7	are	be	AUX
abr-289	235	8	associated	associate	VERB
abr-289	235	9	with	with	ADP
abr-289	235	10	one	one	NUM
abr-289	235	11	group	group	NOUN
abr-289	235	12	or	or	CCONJ
abr-289	235	13	the	the	DET
abr-289	235	14	other	other	ADJ
abr-289	235	15	are	be	AUX
abr-289	235	16	beyond	beyond	ADP
abr-289	235	17	the	the	DET
abr-289	235	18	scope	scope	NOUN
abr-289	235	19	of	of	ADP
abr-289	235	20	this	this	DET
abr-289	235	21	study	study	NOUN
abr-289	235	22	.	.	PUNCT
abr-289	236	1	however	however	ADV
abr-289	236	2	,	,	PUNCT
abr-289	236	3	a	a	DET
abr-289	236	4	few	few	ADJ
abr-289	236	5	comments	comment	NOUN
abr-289	236	6	on	on	ADP
abr-289	236	7	the	the	DET
abr-289	236	8	findings	finding	NOUN
abr-289	236	9	may	may	AUX
abr-289	236	10	be	be	AUX
abr-289	236	11	in	in	ADP
abr-289	236	12	order	order	NOUN
abr-289	236	13	.	.	PUNCT
abr-289	237	1	it	it	PRON
abr-289	237	2	was	be	AUX
abr-289	237	3	expected	expect	VERB
abr-289	237	4	that	that	DET
abr-289	237	5	size	size	NOUN
abr-289	237	6	,	,	PUNCT
abr-289	237	7	return	return	VERB
abr-289	237	8	on	on	ADP
abr-289	237	9	capital	capital	NOUN
abr-289	237	10	,	,	PUNCT
abr-289	237	11	price	price	NOUN
abr-289	237	12	predictability	predictability	NOUN
abr-289	237	13	,	,	PUNCT
abr-289	237	14	timeliness	timeliness	NOUN
abr-289	237	15	,	,	PUNCT
abr-289	237	16	and	and	CCONJ
abr-289	237	17	institutional	institutional	ADJ
abr-289	237	18	buying	buying	NOUN
abr-289	237	19	activity	activity	NOUN
abr-289	237	20	be	be	VERB
abr-289	237	21	characteristics	characteristic	NOUN
abr-289	237	22	of	of	ADP
abr-289	237	23	high	high	ADJ
abr-289	237	24	technical	technical	ADJ
abr-289	237	25	ratings	rating	NOUN
abr-289	237	26	.	.	PUNCT
abr-289	238	1	there	there	PRON
abr-289	238	2	were	be	VERB
abr-289	238	3	no	no	DET
abr-289	238	4	apriori	apriori	ADV
abr-289	238	5	expectations	expectation	NOUN
abr-289	238	6	regarding	regard	VERB
abr-289	238	7	safety	safety	NOUN
abr-289	238	8	of	of	ADP
abr-289	238	9	investment	investment	NOUN
abr-289	238	10	and	and	CCONJ
abr-289	238	11	either	either	CCONJ
abr-289	238	12	financial	financial	ADJ
abr-289	238	13	or	or	CCONJ
abr-289	238	14	operating	operating	NOUN
abr-289	238	15	leverage	leverage	NOUN
abr-289	238	16	.	.	PUNCT
abr-289	239	1	these	these	PRON
abr-289	239	2	were	be	AUX
abr-289	239	3	simply	simply	ADV
abr-289	239	4	not	not	PART
abr-289	239	5	known	know	VERB
abr-289	239	6	.	.	PUNCT
abr-289	240	1	the	the	DET
abr-289	240	2	study	study	NOUN
abr-289	240	3	resulted	result	VERB
abr-289	240	4	in	in	ADP
abr-289	240	5	one	one	NUM
abr-289	240	6	mild	mild	ADJ
abr-289	240	7	surprise	surprise	NOUN
abr-289	240	8	.	.	PUNCT
abr-289	241	1	it	it	PRON
abr-289	241	2	is	be	AUX
abr-289	241	3	logical	logical	ADJ
abr-289	241	4	to	to	PART
abr-289	241	5	surmise	surmise	VERB
abr-289	241	6	that	that	SCONJ
abr-289	241	7	financial	financial	ADJ
abr-289	241	8	strength	strength	NOUN
abr-289	241	9	is	be	AUX
abr-289	241	10	a	a	DET
abr-289	241	11	desirable	desirable	ADJ
abr-289	241	12	characteristic	characteristic	NOUN
abr-289	241	13	and	and	CCONJ
abr-289	241	14	would	would	AUX
abr-289	241	15	be	be	AUX
abr-289	241	16	associated	associate	VERB
abr-289	241	17	with	with	ADP
abr-289	241	18	high	high	ADJ
abr-289	241	19	technical	technical	ADJ
abr-289	241	20	ratings	rating	NOUN
abr-289	241	21	.	.	PUNCT
abr-289	242	1	however	however	ADV
abr-289	242	2	,	,	PUNCT
abr-289	242	3	this	this	PRON
abr-289	242	4	was	be	AUX
abr-289	242	5	not	not	PART
abr-289	242	6	the	the	DET
abr-289	242	7	case	case	NOUN
abr-289	242	8	;	;	PUNCT
abr-289	242	9	rather	rather	ADV
abr-289	242	10	,	,	PUNCT
abr-289	242	11	we	we	PRON
abr-289	242	12	found	find	VERB
abr-289	242	13	that	that	SCONJ
abr-289	242	14	financial	financial	ADJ
abr-289	242	15	strength	strength	NOUN
abr-289	242	16	was	be	AUX
abr-289	242	17	not	not	PART
abr-289	242	18	particularly	particularly	ADV
abr-289	242	19	associated	associate	VERB
abr-289	242	20	with	with	ADP
abr-289	242	21	either	either	DET
abr-289	242	22	group	group	NOUN
abr-289	242	23	,	,	PUNCT
abr-289	242	24	exhibiting	exhibit	VERB
abr-289	242	25	the	the	DET
abr-289	242	26	lowest	low	ADJ
abr-289	242	27	ranking	rank	VERB
abr-289	242	28	canonical	canonical	ADJ
abr-289	242	29	correlation	correlation	NOUN
abr-289	242	30	coefficient	coefficient	NOUN
abr-289	242	31	(	(	PUNCT
abr-289	242	32	-0.034	-0.034	VERB
abr-289	242	33	)	)	PUNCT
abr-289	242	34	of	of	ADP
abr-289	242	35	the	the	DET
abr-289	242	36	ten	ten	NUM
abr-289	242	37	explanatory	explanatory	ADJ
abr-289	242	38	variables	variable	NOUN
abr-289	242	39	.	.	PUNCT
abr-289	243	1	that	that	DET
abr-289	243	2	finding	finding	NOUN
abr-289	243	3	,	,	PUNCT
abr-289	243	4	as	as	ADV
abr-289	243	5	well	well	ADV
abr-289	243	6	as	as	ADP
abr-289	243	7	the	the	DET
abr-289	243	8	other	other	ADJ
abr-289	243	9	conclusions	conclusion	NOUN
abr-289	243	10	of	of	ADP
abr-289	243	11	the	the	DET
abr-289	243	12	study	study	NOUN
abr-289	243	13	,	,	PUNCT
abr-289	243	14	is	be	AUX
abr-289	243	15	rich	rich	ADJ
abr-289	243	16	in	in	ADP
abr-289	243	17	content	content	NOUN
abr-289	243	18	for	for	ADP
abr-289	243	19	avenues	avenue	NOUN
abr-289	243	20	of	of	ADP
abr-289	243	21	further	further	ADJ
abr-289	243	22	research	research	NOUN
abr-289	243	23	.	.	PUNCT
abr-289	244	1	this	this	DET
abr-289	244	2	study	study	NOUN
abr-289	244	3	has	have	AUX
abr-289	244	4	resulted	result	VERB
abr-289	244	5	in	in	ADP
abr-289	244	6	a	a	DET
abr-289	244	7	contribution	contribution	NOUN
abr-289	244	8	toward	toward	ADP
abr-289	244	9	the	the	DET
abr-289	244	10	construction	construction	NOUN
abr-289	244	11	of	of	ADP
abr-289	244	12	a	a	DET
abr-289	244	13	theory	theory	NOUN
abr-289	244	14	that	that	PRON
abr-289	244	15	describes	describe	VERB
abr-289	244	16	the	the	DET
abr-289	244	17	riskreturn	riskreturn	NOUN
abr-289	244	18	,	,	PUNCT
abr-289	244	19	financial	financial	ADJ
abr-289	244	20	strength	strength	NOUN
abr-289	244	21	,	,	PUNCT
abr-289	244	22	and	and	CCONJ
abr-289	244	23	size	size	NOUN
abr-289	244	24	characteristics	characteristic	NOUN
abr-289	244	25	of	of	ADP
abr-289	244	26	firms	firm	NOUN
abr-289	244	27	that	that	PRON
abr-289	244	28	were	be	AUX
abr-289	244	29	regarded	regard	VERB
abr-289	244	30	by	by	ADP
abr-289	244	31	value	value	NOUN
abr-289	244	32	line	line	NOUN
abr-289	244	33	as	as	ADP
abr-289	244	34	having	have	VERB
abr-289	244	35	the	the	DET
abr-289	244	36	highest	high	ADJ
abr-289	244	37	technical	technical	ADJ
abr-289	244	38	ratings	rating	NOUN
abr-289	244	39	in	in	ADP
abr-289	244	40	a	a	DET
abr-289	244	41	period	period	NOUN
abr-289	244	42	of	of	ADP
abr-289	244	43	very	very	ADV
abr-289	244	44	strong	strong	ADJ
abr-289	244	45	economic	economic	ADJ
abr-289	244	46	growth	growth	NOUN
abr-289	244	47	.	.	PUNCT
abr-289	245	1	it	it	PRON
abr-289	245	2	is	be	AUX
abr-289	245	3	further	far	ADV
abr-289	245	4	suggested	suggest	VERB
abr-289	245	5	that	that	SCONJ
abr-289	245	6	since	since	SCONJ
abr-289	245	7	the	the	DET
abr-289	245	8	model	model	NOUN
abr-289	245	9	was	be	AUX
abr-289	245	10	validated	validate	VERB
abr-289	245	11	without	without	ADP
abr-289	245	12	bias	bias	NOUN
abr-289	245	13	,	,	PUNCT
abr-289	245	14	it	it	PRON
abr-289	245	15	may	may	AUX
abr-289	245	16	be	be	AUX
abr-289	245	17	used	use	VERB
abr-289	245	18	to	to	PART
abr-289	245	19	predict	predict	VERB
abr-289	245	20	firms	firm	NOUN
abr-289	245	21	that	that	PRON
abr-289	245	22	will	will	AUX
abr-289	245	23	again	again	ADV
abr-289	245	24	be	be	AUX
abr-289	245	25	ranked	rank	VERB
abr-289	245	26	very	very	ADV
abr-289	245	27	high	high	ADJ
abr-289	245	28	by	by	ADP
abr-289	245	29	technical	technical	ADJ
abr-289	245	30	analysis	analysis	NOUN
abr-289	245	31	in	in	ADP
abr-289	245	32	a	a	DET
abr-289	245	33	high	high	ADJ
abr-289	245	34	-	-	PUNCT
abr-289	245	35	growth	growth	NOUN
abr-289	245	36	,	,	PUNCT
abr-289	245	37	low	low	ADJ
abr-289	245	38	unemployment	unemployment	NOUN
abr-289	245	39	economy	economy	NOUN
abr-289	245	40	in	in	ADP
abr-289	245	41	the	the	DET
abr-289	245	42	future	future	NOUN
abr-289	245	43	.	.	PUNCT
abr-289	246	1	to	to	PART
abr-289	246	2	make	make	VERB
abr-289	246	3	a	a	DET
abr-289	246	4	more	more	ADV
abr-289	246	5	complete	complete	ADJ
abr-289	246	6	contribution	contribution	NOUN
abr-289	246	7	to	to	ADP
abr-289	246	8	the	the	DET
abr-289	246	9	theory	theory	NOUN
abr-289	246	10	,	,	PUNCT
abr-289	246	11	the	the	DET
abr-289	246	12	aforementioned	aforementioned	ADJ
abr-289	246	13	further	further	ADJ
abr-289	246	14	research	research	NOUN
abr-289	246	15	is	be	AUX
abr-289	246	16	needed	need	VERB
abr-289	246	17	.	.	PUNCT
abr-289	247	1	80	80	NUM
abr-289	247	2	references	reference	NOUN
abr-289	247	3	altman	altman	PROPN
abr-289	247	4	,	,	PUNCT
abr-289	247	5	e.	e.	PROPN
abr-289	247	6	i.	i.	PROPN
abr-289	247	7	,	,	PUNCT
abr-289	247	8	(	(	PUNCT
abr-289	247	9	1968	1968	NUM
abr-289	247	10	)	)	PUNCT
abr-289	247	11	.	.	PUNCT
abr-289	248	1	financial	financial	ADJ
abr-289	248	2	ratios	ratio	NOUN
abr-289	248	3	,	,	PUNCT
abr-289	248	4	discriminant	discriminant	ADJ
abr-289	248	5	analysis	analysis	NOUN
abr-289	248	6	,	,	PUNCT
abr-289	248	7	and	and	CCONJ
abr-289	248	8	the	the	DET
abr-289	248	9	prediction	prediction	NOUN
abr-289	248	10	of	of	ADP
abr-289	248	11	corporate	corporate	ADJ
abr-289	248	12	bankruptcy	bankruptcy	NOUN
abr-289	248	13	.	.	PUNCT
abr-289	249	1	journal	journal	PROPN
abr-289	249	2	of	of	ADP
abr-289	249	3	finance	finance	NOUN
abr-289	249	4	.	.	PUNCT
abr-289	250	1	23(4	23(4	VERB
abr-289	250	2	)	)	PUNCT
abr-289	250	3	,	,	PUNCT
abr-289	250	4	589	589	NUM
abr-289	250	5	-	-	SYM
abr-289	250	6	609	609	NUM
abr-289	250	7	.	.	PUNCT
abr-289	251	1	brigham	brigham	PROPN
abr-289	251	2	,	,	PUNCT
abr-289	251	3	e.	e.	PROPN
abr-289	251	4	,	,	PUNCT
abr-289	251	5	&	&	CCONJ
abr-289	251	6	phillip	phillip	PROPN
abr-289	251	7	r.	r.	PROPN
abr-289	251	8	d.	d.	PROPN
abr-289	251	9	(	(	PUNCT
abr-289	251	10	2018	2018	NUM
abr-289	251	11	)	)	PUNCT
abr-289	251	12	.	.	PUNCT
abr-289	252	1	intermediate	intermediate	ADJ
abr-289	252	2	financial	financial	ADJ
abr-289	252	3	management	management	NOUN
abr-289	252	4	.	.	PUNCT
abr-289	253	1	boston	boston	PROPN
abr-289	253	2	,	,	PUNCT
abr-289	253	3	cengage	cengage	PROPN
abr-289	253	4	.	.	PUNCT
abr-289	254	1	brancato	brancato	PROPN
abr-289	254	2	c.	c.	PROPN
abr-289	254	3	,	,	PUNCT
abr-289	254	4	and	and	CCONJ
abr-289	254	5	rabimov	rabimov	PROPN
abr-289	254	6	s.	s.	PROPN
abr-289	254	7	(	(	PUNCT
abr-289	254	8	2008	2008	NUM
abr-289	254	9	)	)	PUNCT
abr-289	254	10	.	.	PUNCT
abr-289	255	1	the	the	DET
abr-289	255	2	2008	2008	NUM
abr-289	255	3	institutional	institutional	ADJ
abr-289	255	4	investment	investment	NOUN
abr-289	255	5	report	report	NOUN
abr-289	255	6	:	:	PUNCT
abr-289	255	7	trends	trend	NOUN
abr-289	255	8	in	in	ADP
abr-289	255	9	institutional	institutional	ADJ
abr-289	255	10	investor	investor	NOUN
abr-289	255	11	assets	asset	NOUN
abr-289	255	12	and	and	CCONJ
abr-289	255	13	equity	equity	NOUN
abr-289	255	14	ownership	ownership	NOUN
abr-289	255	15	of	of	ADP
abr-289	255	16	u.s	u.s	PROPN
abr-289	255	17	.	.	PROPN
abr-289	255	18	corporations	corporation	NOUN
abr-289	255	19	.	.	PUNCT
abr-289	256	1	new	new	PROPN
abr-289	256	2	york	york	PROPN
abr-289	256	3	:	:	PUNCT
abr-289	256	4	the	the	DET
abr-289	256	5	conference	conference	NOUN
abr-289	256	6	board	board	NOUN
abr-289	256	7	.	.	PUNCT
abr-289	257	1	castater	castater	PROPN
abr-289	257	2	,	,	PUNCT
abr-289	257	3	n.	n.	PROPN
abr-289	257	4	,	,	PUNCT
abr-289	257	5	gayle	gayle	PROPN
abr-289	257	6	w.	w.	PROPN
abr-289	257	7	,	,	PUNCT
abr-289	257	8	&	&	CCONJ
abr-289	257	9	payne	payne	PROPN
abr-289	257	10	b.	b.	PROPN
abr-289	257	11	(	(	PUNCT
abr-289	257	12	2020	2020	NUM
abr-289	257	13	)	)	PUNCT
abr-289	257	14	.	.	PUNCT
abr-289	258	1	an	an	DET
abr-289	258	2	analysis	analysis	NOUN
abr-289	258	3	of	of	ADP
abr-289	258	4	value	value	NOUN
abr-289	258	5	line	line	NOUN
abr-289	258	6	timelines	timeline	NOUN
abr-289	258	7	ratings	rating	NOUN
abr-289	258	8	in	in	ADP
abr-289	258	9	a	a	DET
abr-289	258	10	period	period	NOUN
abr-289	258	11	of	of	ADP
abr-289	258	12	economic	economic	ADJ
abr-289	258	13	growth	growth	NOUN
abr-289	258	14	.	.	PUNCT
abr-289	259	1	southwest	southwest	ADJ
abr-289	259	2	economic	economic	PROPN
abr-289	259	3	review	review	PROPN
abr-289	259	4	.	.	PUNCT
abr-289	260	1	damodaran	damodaran	PROPN
abr-289	260	2	,	,	PUNCT
abr-289	260	3	a.	a.	NOUN
abr-289	260	4	(	(	PUNCT
abr-289	260	5	2014	2014	NUM
abr-289	260	6	)	)	PUNCT
abr-289	260	7	.	.	PUNCT
abr-289	261	1	investment	investment	NOUN
abr-289	261	2	valuation	valuation	NOUN
abr-289	261	3	:	:	PUNCT
abr-289	261	4	tools	tool	NOUN
abr-289	261	5	and	and	CCONJ
abr-289	261	6	techniques	technique	NOUN
abr-289	261	7	for	for	ADP
abr-289	261	8	determining	determine	VERB
abr-289	261	9	the	the	DET
abr-289	261	10	value	value	NOUN
abr-289	261	11	of	of	ADP
abr-289	261	12	any	any	DET
abr-289	261	13	asset	asset	NOUN
abr-289	261	14	.	.	PUNCT
abr-289	262	1	new	new	PROPN
abr-289	262	2	york	york	PROPN
abr-289	262	3	:	:	PUNCT
abr-289	262	4	john	john	PROPN
abr-289	262	5	wiley	wiley	PROPN
abr-289	262	6	and	and	CCONJ
abr-289	262	7	sons	son	NOUN
abr-289	262	8	.	.	PUNCT
abr-289	263	1	http://people.stern.nyu.edu/adamodar/new_home_page/data.html	http://people.stern.nyu.edu/adamodar/new_home_page/data.html	PROPN
abr-289	263	2	.	.	PUNCT
abr-289	264	1	edmister	edmister	PROPN
abr-289	264	2	,	,	PUNCT
abr-289	264	3	r.	r.	PROPN
abr-289	264	4	o.	o.	PROPN
abr-289	264	5	,	,	PUNCT
abr-289	264	6	(	(	PUNCT
abr-289	264	7	1982	1982	NUM
abr-289	264	8	)	)	PUNCT
abr-289	264	9	.	.	PUNCT
abr-289	265	1	an	an	DET
abr-289	265	2	empirical	empirical	ADJ
abr-289	265	3	test	test	NOUN
abr-289	265	4	of	of	ADP
abr-289	265	5	financial	financial	ADJ
abr-289	265	6	ratio	ratio	NOUN
abr-289	265	7	analysis	analysis	NOUN
abr-289	265	8	for	for	ADP
abr-289	265	9	small	small	ADJ
abr-289	265	10	business	business	NOUN
abr-289	265	11	failure	failure	NOUN
abr-289	265	12	prediction	prediction	NOUN
abr-289	265	13	.	.	PUNCT
abr-289	266	1	journal	journal	NOUN
abr-289	266	2	of	of	ADP
abr-289	266	3	financial	financial	ADJ
abr-289	266	4	and	and	CCONJ
abr-289	266	5	quantitative	quantitative	ADJ
abr-289	266	6	analysis	analysis	NOUN
abr-289	266	7	.	.	PUNCT
abr-289	267	1	7	7	NUM
abr-289	267	2	,	,	PUNCT
abr-289	267	3	1477	1477	NUM
abr-289	267	4	-	-	SYM
abr-289	267	5	1492	1492	NUM
abr-289	267	6	.	.	PUNCT
abr-289	268	1	hair	hair	NOUN
abr-289	268	2	,	,	PUNCT
abr-289	268	3	j.	j.	PROPN
abr-289	268	4	f.	f.	PROPN
abr-289	268	5	,	,	PUNCT
abr-289	268	6	rolph	rolph	PROPN
abr-289	268	7	e.	e.	PROPN
abr-289	268	8	a	a	PROPN
abr-289	268	9	,	,	PUNCT
abr-289	268	10	ronald	ronald	PROPN
abr-289	268	11	l.	l.	PROPN
abr-289	268	12	t	t	PROPN
abr-289	268	13	,	,	PUNCT
abr-289	268	14	&	&	CCONJ
abr-289	268	15	william	william	PROPN
abr-289	268	16	c.	c.	PROPN
abr-289	268	17	b.	b.	PROPN
abr-289	268	18	(	(	PUNCT
abr-289	268	19	1992	1992	NUM
abr-289	268	20	)	)	PUNCT
abr-289	268	21	.	.	PUNCT
abr-289	269	1	multivariate	multivariate	NOUN
abr-289	269	2	data	datum	NOUN
abr-289	269	3	analysis	analysis	NOUN
abr-289	269	4	.	.	PUNCT
abr-289	270	1	new	new	PROPN
abr-289	270	2	york	york	PROPN
abr-289	270	3	:	:	PUNCT
abr-289	270	4	macmillian	macmillian	PROPN
abr-289	270	5	.	.	PUNCT
abr-289	271	1	hamada	hamada	PROPN
abr-289	271	2	,	,	PUNCT
abr-289	271	3	r.	r.	PROPN
abr-289	271	4	s.	s.	PROPN
abr-289	271	5	,	,	PUNCT
abr-289	271	6	(	(	PUNCT
abr-289	271	7	1972	1972	NUM
abr-289	271	8	)	)	PUNCT
abr-289	271	9	.	.	PUNCT
abr-289	272	1	the	the	DET
abr-289	272	2	effect	effect	NOUN
abr-289	272	3	of	of	ADP
abr-289	272	4	firm	firm	NOUN
abr-289	272	5	’s	’s	PART
abr-289	272	6	capital	capital	NOUN
abr-289	272	7	structure	structure	NOUN
abr-289	272	8	on	on	ADP
abr-289	272	9	the	the	DET
abr-289	272	10	systematic	systematic	ADJ
abr-289	272	11	risk	risk	NOUN
abr-289	272	12	of	of	ADP
abr-289	272	13	common	common	ADJ
abr-289	272	14	stocks	stock	NOUN
abr-289	272	15	.	.	PUNCT
abr-289	273	1	journal	journal	NOUN
abr-289	273	2	of	of	ADP
abr-289	273	3	finance	finance	NOUN
abr-289	273	4	.	.	PUNCT
abr-289	274	1	27(2	27(2	NUM
abr-289	274	2	)	)	PUNCT
abr-289	274	3	,	,	PUNCT
abr-289	274	4	435	435	NUM
abr-289	274	5	-	-	SYM
abr-289	274	6	452	452	NUM
abr-289	274	7	.	.	PUNCT
abr-289	275	1	huang	huang	PROPN
abr-289	275	2	,	,	PUNCT
abr-289	275	3	n.	n.	PROPN
abr-289	275	4	s.	s.	PROPN
abr-289	275	5	,	,	PUNCT
abr-289	275	6	(	(	PUNCT
abr-289	275	7	2017	2017	NUM
abr-289	275	8	)	)	PUNCT
abr-289	275	9	.	.	PUNCT
abr-289	276	1	best	good	ADJ
abr-289	276	2	places	place	NOUN
abr-289	276	3	to	to	PART
abr-289	276	4	get	get	VERB
abr-289	276	5	investment	investment	NOUN
abr-289	276	6	advice	advice	NOUN
abr-289	276	7	.	.	PUNCT
abr-289	277	1	kiplinger	kiplinger	PROPN
abr-289	277	2	personal	personal	PROPN
abr-289	277	3	finance	finance	PROPN
abr-289	277	4	.	.	PUNCT
abr-289	278	1	https://www.kiplinger.com/article/investing/html	https://www.kiplinger.com/article/investing/html	PROPN
abr-289	278	2	hulbert	hulbert	PROPN
abr-289	278	3	,	,	PUNCT
abr-289	278	4	m.	m.	NOUN
abr-289	278	5	,	,	PUNCT
abr-289	278	6	(	(	PUNCT
abr-289	278	7	2007	2007	NUM
abr-289	278	8	)	)	PUNCT
abr-289	278	9	.	.	PUNCT
abr-289	279	1	to	to	ADP
abr-289	279	2	the	the	DET
abr-289	279	3	very	very	ADV
abr-289	279	4	patient	patient	NOUN
abr-289	279	5	may	may	AUX
abr-289	279	6	go	go	VERB
abr-289	279	7	the	the	DET
abr-289	279	8	spoils	spoil	NOUN
abr-289	279	9	.	.	PUNCT
abr-289	280	1	new	new	PROPN
abr-289	280	2	york	york	PROPN
abr-289	280	3	times	times	PROPN
abr-289	280	4	.	.	PUNCT
abr-289	281	1	lockwood	lockwood	PROPN
abr-289	281	2	,	,	PUNCT
abr-289	281	3	j.	j.	PROPN
abr-289	281	4	,	,	PUNCT
abr-289	281	5	ying	ying	PROPN
abr-289	281	6	z.	z.	PROPN
abr-289	281	7	,	,	PUNCT
abr-289	281	8	&	&	CCONJ
abr-289	281	9	steven	steven	PROPN
abr-289	281	10	v.	v.	PROPN
abr-289	281	11	e.	e.	PROPN
abr-289	281	12	,	,	PUNCT
abr-289	281	13	(	(	PUNCT
abr-289	281	14	2016	2016	NUM
abr-289	281	15	)	)	PUNCT
abr-289	281	16	.	.	PUNCT
abr-289	282	1	investor	investor	NOUN
abr-289	282	2	response	response	NOUN
abr-289	282	3	to	to	ADP
abr-289	282	4	online	online	ADJ
abr-289	282	5	value	value	NOUN
abr-289	282	6	line	line	NOUN
abr-289	282	7	rank	rank	NOUN
abr-289	282	8	changes	change	NOUN
abr-289	282	9	:	:	PUNCT
abr-289	282	10	foreign	foreign	ADJ
abr-289	282	11	versus	versus	ADP
abr-289	282	12	local	local	ADJ
abr-289	282	13	stocks	stock	NOUN
abr-289	282	14	.	.	PUNCT
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abr-289	283	2	finance	finance	PROPN
abr-289	283	3	journal	journal	PROPN
abr-289	283	4	.	.	PUNCT
abr-289	284	1	30	30	NUM
abr-289	284	2	,	,	PUNCT
abr-289	284	3	10–26	10–26	NUM
abr-289	284	4	.	.	PUNCT
abr-289	285	1	lorenzoni	lorenzoni	PROPN
abr-289	285	2	,	,	PUNCT
abr-289	285	3	g.	g.	PROPN
abr-289	285	4	,	,	PUNCT
abr-289	285	5	et	et	PROPN
abr-289	285	6	al	al	PROPN
abr-289	285	7	.	.	PUNCT
abr-289	285	8	(	(	PUNCT
abr-289	285	9	2007	2007	NUM
abr-289	285	10	)	)	PUNCT
abr-289	285	11	.	.	PUNCT
abr-289	286	1	on	on	ADP
abr-289	286	2	the	the	DET
abr-289	286	3	statistical	statistical	ADJ
abr-289	286	4	validation	validation	NOUN
abr-289	286	5	of	of	ADP
abr-289	286	6	technical	technical	ADJ
abr-289	286	7	analysis	analysis	NOUN
abr-289	286	8	.	.	PUNCT
abr-289	287	1	prentice	prentice	NOUN
abr-289	287	2	-	-	PUNCT
abr-289	287	3	hall	hall	NOUN
abr-289	287	4	.	.	PUNCT
abr-289	288	1	https://www.researchgate.net/publication/36407858_on_the_validation_of_technical_analysis	https://www.researchgate.net/publication/36407858_on_the_validation_of_technical_analysis	PROPN
abr-289	288	2	payne	payne	PROPN
abr-289	288	3	,	,	PUNCT
abr-289	288	4	b.	b.	PROPN
abr-289	288	5	c.	c.	PROPN
abr-289	288	6	,	,	PUNCT
abr-289	288	7	(	(	PUNCT
abr-289	288	8	2010	2010	NUM
abr-289	288	9	)	)	PUNCT
abr-289	288	10	.	.	PUNCT
abr-289	289	1	an	an	DET
abr-289	289	2	analysis	analysis	NOUN
abr-289	289	3	of	of	ADP
abr-289	289	4	the	the	DET
abr-289	289	5	financial	financial	ADJ
abr-289	289	6	variables	variable	NOUN
abr-289	289	7	that	that	PRON
abr-289	289	8	determine	determine	VERB
abr-289	289	9	the	the	DET
abr-289	289	10	value	value	NOUN
abr-289	289	11	of	of	ADP
abr-289	289	12	firms	firm	NOUN
abr-289	289	13	identified	identify	VERB
abr-289	289	14	as	as	ADP
abr-289	289	15	institutional	institutional	ADJ
abr-289	289	16	favorites	favorite	NOUN
abr-289	289	17	in	in	ADP
abr-289	289	18	a	a	DET
abr-289	289	19	period	period	NOUN
abr-289	289	20	of	of	ADP
abr-289	289	21	economic	economic	ADJ
abr-289	289	22	recession	recession	NOUN
abr-289	289	23	and	and	CCONJ
abr-289	289	24	slow	slow	ADJ
abr-289	289	25	recovery	recovery	NOUN
abr-289	289	26	.	.	PUNCT
abr-289	290	1	advances	advance	NOUN
abr-289	290	2	in	in	ADP
abr-289	290	3	investment	investment	NOUN
abr-289	290	4	analysis	analysis	NOUN
abr-289	290	5	and	and	CCONJ
abr-289	290	6	portfolio	portfolio	NOUN
abr-289	290	7	management	management	NOUN
abr-289	290	8	.	.	PUNCT
abr-289	291	1	4	4	NUM
abr-289	291	2	,	,	PUNCT
abr-289	291	3	27	27	NUM
abr-289	291	4	-	-	SYM
abr-289	291	5	47	47	NUM
abr-289	291	6	.	.	PUNCT
abr-289	292	1	reynolds	reynolds	PROPN
abr-289	292	2	,	,	PUNCT
abr-289	292	3	b.(2019	b.(2019	PROPN
abr-289	292	4	)	)	PUNCT
abr-289	292	5	.	.	PUNCT
abr-289	293	1	four	four	NUM
abr-289	293	2	simple	simple	ADJ
abr-289	293	3	tools	tool	NOUN
abr-289	293	4	to	to	PART
abr-289	293	5	invest	invest	VERB
abr-289	293	6	like	like	ADP
abr-289	293	7	warren	warren	PROPN
abr-289	293	8	buffet	buffet	PROPN
abr-289	293	9	.	.	PUNCT
abr-289	294	1	suredividend	suredividend	NOUN
abr-289	294	2	.	.	PUNCT
abr-289	295	1	https://www.suredividend.com/4-simple-tools-to-invest-like-warren-buffett/	https://www.suredividend.com/4-simple-tools-to-invest-like-warren-buffett/	PROPN
abr-289	295	2	sharma	sharma	PROPN
abr-289	295	3	,	,	PUNCT
abr-289	295	4	s.	s.	PROPN
abr-289	295	5	,	,	PUNCT
abr-289	295	6	(	(	PUNCT
abr-289	295	7	1996	1996	NUM
abr-289	295	8	)	)	PUNCT
abr-289	295	9	.	.	PUNCT
abr-289	296	1	applied	apply	VERB
abr-289	296	2	multivariate	multivariate	NOUN
abr-289	296	3	techniques	technique	NOUN
abr-289	296	4	.	.	PUNCT
abr-289	297	1	hoboken	hoboken	PROPN
abr-289	297	2	,	,	PUNCT
abr-289	297	3	new	new	PROPN
abr-289	297	4	jersey	jersey	PROPN
abr-289	297	5	:	:	PUNCT
abr-289	297	6	john	john	PROPN
abr-289	297	7	wiley	wiley	PROPN
abr-289	297	8	and	and	CCONJ
abr-289	297	9	sons	son	NOUN
abr-289	297	10	.	.	PUNCT
abr-289	298	1	suozzo	suozzo	PROPN
abr-289	298	2	,	,	PUNCT
abr-289	298	3	p.	p.	PROPN
abr-289	298	4	,	,	PUNCT
abr-289	298	5	(	(	PUNCT
abr-289	298	6	2001	2001	NUM
abr-289	298	7	)	)	PUNCT
abr-289	298	8	.	.	PUNCT
abr-289	299	1	global	global	ADJ
abr-289	299	2	equities	equities	PROPN
abr-289	299	3	research	research	PROPN
abr-289	299	4	.	.	PUNCT
abr-289	300	1	stern	stern	ADJ
abr-289	300	2	school	school	NOUN
abr-289	300	3	of	of	ADP
abr-289	300	4	business	business	NOUN
abr-289	300	5	.	.	PUNCT
abr-289	301	1	http://pages.stern.nyu.edu/~ekerschn/pdfs/readingsemk/emk%20nyu%20s07%20global%20te	http://pages.stern.nyu.edu/~ekerschn/pdfs/readingsemk/emk%20nyu%20s07%20global%20te	ADJ
abr-289	301	2	ch%20strategy%20valuation%20multiples%20primer	ch%20strategy%20valuation%20multiples%20prim	ADJ
abr-289	301	3	.	.	PUNCT
abr-289	301	4	pdf	pdf	NOUN
abr-289	301	5	.	.	PUNCT
abr-289	302	1	swedroe	swedroe	PROPN
abr-289	302	2	,	,	PUNCT
abr-289	302	3	l.	l.	PROPN
abr-289	302	4	(	(	PUNCT
abr-289	302	5	2010	2010	NUM
abr-289	302	6	)	)	PUNCT
abr-289	302	7	.	.	PUNCT
abr-289	303	1	the	the	DET
abr-289	303	2	value	value	NOUN
abr-289	303	3	line	line	NOUN
abr-289	303	4	enigma	enigma	VERB
abr-289	303	5	.	.	PUNCT
abr-289	304	1	https://www.cbsnews.com/news/the-value-line-enigma/	https://www.cbsnews.com/news/the-value-line-enigma/	PROPN
abr-289	304	2	treschmann	treschmann	PROPN
abr-289	304	3	,	,	PUNCT
abr-289	304	4	j.	j.	PROPN
abr-289	304	5	s	s	PROPN
abr-289	304	6	,	,	PUNCT
abr-289	304	7	&	&	CCONJ
abr-289	304	8	pinches	pinches	PROPN
abr-289	304	9	,	,	PUNCT
abr-289	304	10	g.	g.	PROPN
abr-289	304	11	e.	e.	PROPN
abr-289	304	12	(	(	PUNCT
abr-289	304	13	1973	1973	NUM
abr-289	304	14	)	)	PUNCT
abr-289	304	15	.	.	PUNCT
abr-289	305	1	a	a	DET
abr-289	305	2	multivariate	multivariate	NOUN
abr-289	305	3	model	model	NOUN
abr-289	305	4	for	for	ADP
abr-289	305	5	predicting	predict	VERB
abr-289	305	6	financially	financially	ADV
abr-289	305	7	distressed	distressed	ADJ
abr-289	305	8	property	property	NOUN
abr-289	305	9	-	-	PUNCT
abr-289	305	10	liability	liability	NOUN
abr-289	305	11	insurers	insurer	NOUN
abr-289	305	12	.	.	PUNCT
abr-289	306	1	journal	journal	NOUN
abr-289	306	2	of	of	ADP
abr-289	306	3	risk	risk	NOUN
abr-289	306	4	and	and	CCONJ
abr-289	306	5	insurance	insurance	NOUN
abr-289	306	6	.	.	PUNCT
abr-289	307	1	40(3	40(3	X
abr-289	307	2	)	)	PUNCT
abr-289	307	3	,	,	PUNCT
abr-289	307	4	327	327	NUM
abr-289	307	5	-	-	SYM
abr-289	307	6	333	333	NUM
abr-289	307	7	..	..	PUNCT
abr-289	307	8	van	van	PROPN
abr-289	307	9	horne	horne	PROPN
abr-289	307	10	,	,	PUNCT
abr-289	307	11	j	j	PROPN
abr-289	307	12	c.	c.	PROPN
abr-289	307	13	,	,	PUNCT
abr-289	307	14	(	(	PUNCT
abr-289	307	15	2001	2001	NUM
abr-289	307	16	)	)	PUNCT
abr-289	307	17	.	.	PUNCT
abr-289	308	1	financial	financial	ADJ
abr-289	308	2	management	management	NOUN
abr-289	308	3	and	and	CCONJ
abr-289	308	4	policy	policy	NOUN
abr-289	308	5	.	.	PUNCT
abr-289	309	1	new	new	PROPN
abr-289	309	2	york	york	PROPN
abr-289	309	3	:	:	PUNCT
abr-289	309	4	prentice	prentice	NOUN
abr-289	309	5	-	-	PUNCT
abr-289	309	6	hall	hall	NOUN
abr-289	309	7	publishing	publishing	NOUN
abr-289	309	8	.	.	PUNCT
abr-289	310	1	waggle	waggle	NOUN
abr-289	310	2	,	,	PUNCT
abr-289	310	3	d	d	NOUN
abr-289	310	4	,	,	PUNCT
abr-289	310	5	agrrawal	agrrawal	NOUN
abr-289	310	6	,	,	PUNCT
abr-289	310	7	p.	p.	NOUN
abr-289	310	8	,	,	PUNCT
abr-289	310	9	&	&	CCONJ
abr-289	310	10	don	don	PROPN
abr-289	310	11	j.	j.	PROPN
abr-289	310	12	,	,	PUNCT
abr-289	310	13	(	(	PUNCT
abr-289	310	14	2001	2001	NUM
abr-289	310	15	)	)	PUNCT
abr-289	310	16	.	.	PUNCT
abr-289	311	1	journal	journal	PROPN
abr-289	311	2	of	of	ADP
abr-289	311	3	investing	investing	NOUN
abr-289	311	4	.	.	PUNCT
abr-289	312	1	10(1	10(1	NUM
abr-289	312	2	)	)	PUNCT
abr-289	312	3	.	.	PUNCT
abr-289	313	1	zaiontz	zaiontz	PROPN
abr-289	313	2	,	,	PUNCT
abr-289	313	3	c.	c.	PROPN
abr-289	313	4	,	,	PUNCT
abr-289	313	5	(	(	PUNCT
abr-289	313	6	2014	2014	NUM
abr-289	313	7	)	)	PUNCT
abr-289	313	8	.	.	PUNCT
abr-289	314	1	real	real	ADJ
abr-289	314	2	statistics	statistic	NOUN
abr-289	314	3	using	use	VERB
abr-289	314	4	excel	excel	NOUN
abr-289	314	5	.	.	PUNCT
abr-289	315	1	http://www.real-statistics.com/multiple	http://www.real-statistics.com/multiple	NOUN
abr-289	315	2	regression	regression	NOUN
abr-289	315	3	/	/	SYM
abr-289	315	4	testing	testing	NOUN
abr-289	315	5	-	-	PUNCT
abr-289	315	6	significance	significance	NOUN
abr-289	315	7	-	-	PUNCT
abr-289	315	8	extra	extra	ADJ
abr-289	315	9	-	-	PUNCT
abr-289	315	10	variables	variable	NOUN
abr-289	315	11	-	-	PUNCT
abr-289	315	12	regression	regression	NOUN
abr-289	315	13	-	-	PUNCT
abr-289	315	14	model/	model/	NUM
abr-289	315	15	http://people.stern.nyu.edu/adamodar/new_home_page/data.html	http://people.stern.nyu.edu/adamodar/new_home_page/data.html	PROPN
abr-289	315	16	https://www.kiplinger.com/article/investing/html	https://www.kiplinger.com/article/investing/html	NOUN
abr-289	315	17	https://www.researchgate.net/publication/36407858_on_the_validation_of_technical_analysis	https://www.researchgate.net/publication/36407858_on_the_validation_of_technical_analysis	NOUN
abr-289	315	18	https://www.suredividend.com/4-simple-tools-to-invest-like-warren-buffett/	https://www.suredividend.com/4-simple-tools-to-invest-like-warren-buffett/	NOUN
abr-289	315	19	http://pages.stern.nyu.edu/~ekerschn/pdfs/readingsemk/emk%20nyu%20s07%20global%20te%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20ch%20strategy%20valuation%20multiples%20primer.%20pdf	http://pages.stern.nyu.edu/~ekerschn/pdfs/readingsemk/emk%20nyu%20s07%20global%20te%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20ch%20strategy%20valuation%20multiples%20primer.%20pdf	PROPN
abr-289	315	20	http://pages.stern.nyu.edu/~ekerschn/pdfs/readingsemk/emk%20nyu%20s07%20global%20te%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20ch%20strategy%20valuation%20multiples%20primer.%20pdf	http://pages.stern.nyu.edu/~ekerschn/pdfs/readingsemk/emk%20nyu%20s07%20global%20te%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20ch%20strategy%20valuation%20multiples%20primer.%20pdf	NOUN
abr-289	315	21	https://www.cbsnews.com/news/the-value-line-enigma/	https://www.cbsnews.com/news/the-value-line-enigma/	X
abr-289	315	22	http://www.real-statistics.com/multiple81	http://www.real-statistics.com/multiple81	ADV
abr-289	315	23	appendix	appendix	VERB
abr-289	315	24	a	a	PRON
abr-289	315	25	there	there	PRON
abr-289	315	26	are	be	VERB
abr-289	315	27	four	four	NUM
abr-289	315	28	tests	test	NOUN
abr-289	315	29	of	of	ADP
abr-289	315	30	hypothesis	hypothesis	NOUN
abr-289	315	31	in	in	ADP
abr-289	315	32	the	the	DET
abr-289	315	33	study	study	NOUN
abr-289	315	34	.	.	PUNCT
abr-289	316	1	they	they	PRON
abr-289	316	2	each	each	PRON
abr-289	316	3	follow	follow	VERB
abr-289	316	4	the	the	DET
abr-289	316	5	procedure	procedure	NOUN
abr-289	316	6	illustrated	illustrate	VERB
abr-289	316	7	here	here	ADV
abr-289	316	8	with	with	ADP
abr-289	316	9	slight	slight	ADJ
abr-289	316	10	differences	difference	NOUN
abr-289	316	11	for	for	ADP
abr-289	316	12	appropriateness	appropriateness	NOUN
abr-289	316	13	.	.	PUNCT
abr-289	317	1	the	the	DET
abr-289	317	2	tests	test	NOUN
abr-289	317	3	are	be	AUX
abr-289	317	4	standard	standard	ADJ
abr-289	317	5	tests	test	NOUN
abr-289	317	6	of	of	ADP
abr-289	317	7	the	the	DET
abr-289	317	8	significance	significance	NOUN
abr-289	317	9	of	of	ADP
abr-289	317	10	the	the	DET
abr-289	317	11	f	f	PROPN
abr-289	317	12	ratio	ratio	NOUN
abr-289	317	13	,	,	PUNCT
abr-289	317	14	wilk	wilk	PROPN
abr-289	317	15	’s	’s	PART
abr-289	317	16	lamda	lamda	PROPN
abr-289	317	17	transformed	transform	VERB
abr-289	317	18	to	to	ADP
abr-289	317	19	the	the	DET
abr-289	317	20	chi	chi	ADJ
abr-289	317	21	-	-	PUNCT
abr-289	317	22	square	square	ADJ
abr-289	317	23	distribution	distribution	NOUN
abr-289	317	24	and	and	CCONJ
abr-289	317	25	the	the	DET
abr-289	317	26	t	t	NOUN
abr-289	317	27	distribution	distribution	NOUN
abr-289	317	28	.	.	PUNCT
abr-289	318	1	the	the	DET
abr-289	318	2	purpose	purpose	NOUN
abr-289	318	3	of	of	ADP
abr-289	318	4	the	the	DET
abr-289	318	5	first	first	ADJ
abr-289	318	6	test	test	NOUN
abr-289	318	7	was	be	AUX
abr-289	318	8	to	to	PART
abr-289	318	9	determine	determine	VERB
abr-289	318	10	if	if	SCONJ
abr-289	318	11	there	there	PRON
abr-289	318	12	was	be	VERB
abr-289	318	13	a	a	DET
abr-289	318	14	significant	significant	ADJ
abr-289	318	15	difference	difference	NOUN
abr-289	318	16	between	between	ADP
abr-289	318	17	the	the	DET
abr-289	318	18	two	two	NUM
abr-289	318	19	mean	mean	ADJ
abr-289	318	20	vectors	vector	NOUN
abr-289	318	21	of	of	ADP
abr-289	318	22	z	z	NOUN
abr-289	318	23	scores	score	NOUN
abr-289	318	24	computed	compute	VERB
abr-289	318	25	by	by	ADP
abr-289	318	26	the	the	DET
abr-289	318	27	discriminant	discriminant	NOUN
abr-289	318	28	function	function	NOUN
abr-289	318	29	.	.	PUNCT
abr-289	319	1	i.	i.	PROPN
abr-289	319	2	ho	ho	PROPN
abr-289	319	3	:	:	PUNCT
abr-289	319	4	there	there	PRON
abr-289	319	5	is	be	VERB
abr-289	319	6	no	no	DET
abr-289	319	7	significant	significant	ADJ
abr-289	319	8	difference	difference	NOUN
abr-289	319	9	between	between	ADP
abr-289	319	10	the	the	DET
abr-289	319	11	mean	mean	ADJ
abr-289	319	12	vector	vector	NOUN
abr-289	319	13	of	of	ADP
abr-289	319	14	ten	ten	NUM
abr-289	319	15	variables	variable	NOUN
abr-289	319	16	from	from	ADP
abr-289	319	17	firms	firm	NOUN
abr-289	319	18	that	that	PRON
abr-289	319	19	were	be	AUX
abr-289	319	20	awarded	award	VERB
abr-289	319	21	high	high	ADJ
abr-289	319	22	ratings	rating	NOUN
abr-289	319	23	for	for	ADP
abr-289	319	24	technical	technical	ADJ
abr-289	319	25	analysis	analysis	NOUN
abr-289	319	26	in	in	ADP
abr-289	319	27	a	a	DET
abr-289	319	28	period	period	NOUN
abr-289	319	29	of	of	ADP
abr-289	319	30	high	high	ADJ
abr-289	319	31	economic	economic	ADJ
abr-289	319	32	growth	growth	NOUN
abr-289	319	33	and	and	CCONJ
abr-289	319	34	a	a	DET
abr-289	319	35	random	random	ADJ
abr-289	319	36	sample	sample	NOUN
abr-289	319	37	of	of	ADP
abr-289	319	38	firms	firm	NOUN
abr-289	319	39	that	that	PRON
abr-289	319	40	did	do	VERB
abr-289	319	41	not	not	PART
abr-289	319	42	.	.	PUNCT
abr-289	320	1	ii	ii	X
abr-289	320	2	.	.	PUNCT
abr-289	321	1	ha	ha	INTJ
abr-289	321	2	:	:	PUNCT
abr-289	321	3	the	the	DET
abr-289	321	4	mean	mean	ADJ
abr-289	321	5	vector	vector	NOUN
abr-289	321	6	of	of	ADP
abr-289	321	7	ten	ten	NUM
abr-289	321	8	variables	variable	NOUN
abr-289	321	9	from	from	ADP
abr-289	321	10	firms	firm	NOUN
abr-289	321	11	chosen	choose	VERB
abr-289	321	12	randomly	randomly	ADV
abr-289	321	13	,	,	PUNCT
abr-289	321	14	but	but	CCONJ
abr-289	321	15	from	from	ADP
abr-289	321	16	the	the	DET
abr-289	321	17	same	same	ADJ
abr-289	321	18	industries	industry	NOUN
abr-289	321	19	as	as	ADP
abr-289	321	20	the	the	DET
abr-289	321	21	first	first	ADJ
abr-289	321	22	group	group	NOUN
abr-289	321	23	in	in	ADP
abr-289	321	24	a	a	DET
abr-289	321	25	period	period	NOUN
abr-289	321	26	of	of	ADP
abr-289	321	27	high	high	ADJ
abr-289	321	28	economic	economic	ADJ
abr-289	321	29	growth	growth	NOUN
abr-289	321	30	is	be	AUX
abr-289	321	31	not	not	PART
abr-289	321	32	equal	equal	ADJ
abr-289	321	33	to	to	ADP
abr-289	321	34	the	the	DET
abr-289	321	35	mean	mean	ADJ
abr-289	321	36	vector	vector	NOUN
abr-289	321	37	of	of	ADP
abr-289	321	38	ten	ten	NUM
abr-289	321	39	variables	variable	NOUN
abr-289	321	40	that	that	PRON
abr-289	321	41	were	be	AUX
abr-289	321	42	awarded	award	VERB
abr-289	321	43	high	high	ADJ
abr-289	321	44	ratings	rating	NOUN
abr-289	321	45	for	for	ADP
abr-289	321	46	technical	technical	ADJ
abr-289	321	47	analysis	analysis	NOUN
abr-289	321	48	.	.	PUNCT
abr-289	322	1	iii	iii	X
abr-289	322	2	.	.	PROPN
abr-289	322	3	assume	assume	VERB
abr-289	322	4	that	that	SCONJ
abr-289	322	5	the	the	DET
abr-289	322	6	samples	sample	NOUN
abr-289	322	7	were	be	AUX
abr-289	322	8	drawn	draw	VERB
abr-289	322	9	randomly	randomly	ADV
abr-289	322	10	from	from	ADP
abr-289	322	11	a	a	DET
abr-289	322	12	multivariate	multivariate	NOUN
abr-289	322	13	normal	normal	ADJ
abr-289	322	14	distribution	distribution	NOUN
abr-289	322	15	and	and	CCONJ
abr-289	322	16	that	that	SCONJ
abr-289	322	17	the	the	DET
abr-289	322	18	covariance	covariance	NOUN
abr-289	322	19	structure	structure	NOUN
abr-289	322	20	is	be	AUX
abr-289	322	21	the	the	DET
abr-289	322	22	same	same	ADJ
abr-289	322	23	for	for	ADP
abr-289	322	24	both	both	DET
abr-289	322	25	groups	group	NOUN
abr-289	322	26	.	.	PUNCT
abr-289	323	1	iv	iv	X
abr-289	323	2	.	.	PUNCT
abr-289	324	1	the	the	DET
abr-289	324	2	significance	significance	NOUN
abr-289	324	3	level	level	NOUN
abr-289	324	4	is	be	AUX
abr-289	324	5	.05	.05	NUM
abr-289	324	6	,	,	PUNCT
abr-289	324	7	and	and	CCONJ
abr-289	324	8	the	the	DET
abr-289	324	9	test	test	NOUN
abr-289	324	10	is	be	AUX
abr-289	324	11	a	a	DET
abr-289	324	12	chi	chi	ADJ
abr-289	324	13	-	-	PUNCT
abr-289	324	14	square	square	ADJ
abr-289	324	15	test	test	NOUN
abr-289	324	16	.	.	PUNCT
abr-289	325	1	v.	v.	ADP
abr-289	325	2	a	a	DET
abr-289	325	3	wilk	wilk	NOUN
abr-289	325	4	’s	’s	PART
abr-289	325	5	lamda	lamda	NOUN
abr-289	325	6	–	–	PUNCT
abr-289	325	7	chi	chi	ADJ
abr-289	325	8	-	-	PUNCT
abr-289	325	9	square	square	ADJ
abr-289	325	10	transformation	transformation	NOUN
abr-289	325	11	is	be	AUX
abr-289	325	12	used	use	VERB
abr-289	325	13	to	to	PART
abr-289	325	14	test	test	VERB
abr-289	325	15	for	for	ADP
abr-289	325	16	a	a	DET
abr-289	325	17	significant	significant	ADJ
abr-289	325	18	difference	difference	NOUN
abr-289	325	19	between	between	ADP
abr-289	325	20	the	the	DET
abr-289	325	21	two	two	NUM
abr-289	325	22	mean	mean	ADJ
abr-289	325	23	vectors	vector	NOUN
abr-289	325	24	.	.	PUNCT
abr-289	326	1	in	in	ADP
abr-289	326	2	this	this	DET
abr-289	326	3	test	test	NOUN
abr-289	326	4	,	,	PUNCT
abr-289	326	5	the	the	DET
abr-289	326	6	transformed	transform	VERB
abr-289	326	7	chi	chi	NOUN
abr-289	326	8	-	-	PUNCT
abr-289	326	9	square	square	NOUN
abr-289	326	10	is	be	AUX
abr-289	326	11	27.99	27.99	NUM
abr-289	326	12	.	.	PUNCT
abr-289	327	1	that	that	PRON
abr-289	327	2	exceeds	exceed	VERB
abr-289	327	3	the	the	DET
abr-289	327	4	critical	critical	ADJ
abr-289	327	5	value	value	NOUN
abr-289	327	6	of	of	ADP
abr-289	327	7	chi	chi	ADJ
abr-289	327	8	-	-	PUNCT
abr-289	327	9	square	square	NOUN
abr-289	327	10	18.31	18.31	NUM
abr-289	327	11	at	at	ADP
abr-289	327	12	the	the	DET
abr-289	327	13	five	five	NUM
abr-289	327	14	percent	percent	NOUN
abr-289	327	15	level	level	NOUN
abr-289	327	16	of	of	ADP
abr-289	327	17	significance	significance	NOUN
abr-289	327	18	with	with	ADP
abr-289	327	19	10	10	NUM
abr-289	327	20	degrees	degree	NOUN
abr-289	327	21	of	of	ADP
abr-289	327	22	freedom	freedom	NOUN
abr-289	327	23	.	.	PUNCT
abr-289	328	1	the	the	DET
abr-289	328	2	null	null	ADJ
abr-289	328	3	hypothesis	hypothesis	NOUN
abr-289	328	4	that	that	SCONJ
abr-289	328	5	there	there	PRON
abr-289	328	6	is	be	VERB
abr-289	328	7	no	no	DET
abr-289	328	8	significant	significant	ADJ
abr-289	328	9	difference	difference	NOUN
abr-289	328	10	between	between	ADP
abr-289	328	11	the	the	DET
abr-289	328	12	financial	financial	ADJ
abr-289	328	13	profiles	profile	NOUN
abr-289	328	14	of	of	ADP
abr-289	328	15	the	the	DET
abr-289	328	16	two	two	NUM
abr-289	328	17	groups	group	NOUN
abr-289	328	18	is	be	AUX
abr-289	328	19	therefore	therefore	ADV
abr-289	328	20	rejected	reject	VERB
abr-289	328	21	,	,	PUNCT
abr-289	328	22	and	and	CCONJ
abr-289	328	23	the	the	DET
abr-289	328	24	first	first	ADJ
abr-289	328	25	conclusion	conclusion	NOUN
abr-289	328	26	drawn	draw	VERB
abr-289	328	27	from	from	ADP
abr-289	328	28	the	the	DET
abr-289	328	29	analysis	analysis	NOUN
abr-289	328	30	is	be	AUX
abr-289	328	31	that	that	SCONJ
abr-289	328	32	the	the	DET
abr-289	328	33	two	two	NUM
abr-289	328	34	groups	group	NOUN
abr-289	328	35	have	have	VERB
abr-289	328	36	significantly	significantly	ADV
abr-289	328	37	different	different	ADJ
abr-289	328	38	financial	financial	ADJ
abr-289	328	39	characteristics	characteristic	NOUN
abr-289	328	40	.	.	PUNCT
abr-289	329	1	since	since	SCONJ
abr-289	329	2	the	the	DET
abr-289	329	3	differences	difference	NOUN
abr-289	329	4	in	in	ADP
abr-289	329	5	the	the	DET
abr-289	329	6	two	two	NUM
abr-289	329	7	groups	group	NOUN
abr-289	329	8	are	be	AUX
abr-289	329	9	differences	difference	NOUN
abr-289	329	10	in	in	ADP
abr-289	329	11	their	their	PRON
abr-289	329	12	mean	mean	ADJ
abr-289	329	13	vectors	vector	NOUN
abr-289	329	14	,	,	PUNCT
abr-289	329	15	it	it	PRON
abr-289	329	16	can	can	AUX
abr-289	329	17	be	be	AUX
abr-289	329	18	inferred	infer	VERB
abr-289	329	19	that	that	SCONJ
abr-289	329	20	the	the	DET
abr-289	329	21	two	two	NUM
abr-289	329	22	groups	group	NOUN
abr-289	329	23	are	be	AUX
abr-289	329	24	not	not	PART
abr-289	329	25	homogeneous	homogeneous	ADJ
abr-289	329	26	and	and	CCONJ
abr-289	329	27	that	that	SCONJ
abr-289	329	28	the	the	DET
abr-289	329	29	discriminant	discriminant	NOUN
abr-289	329	30	function	function	NOUN
abr-289	329	31	does	do	AUX
abr-289	329	32	,	,	PUNCT
abr-289	329	33	in	in	ADP
abr-289	329	34	this	this	DET
abr-289	329	35	case	case	NOUN
abr-289	329	36	,	,	PUNCT
abr-289	329	37	indeed	indeed	ADV
abr-289	329	38	have	have	VERB
abr-289	329	39	the	the	DET
abr-289	329	40	power	power	NOUN
abr-289	329	41	to	to	PART
abr-289	329	42	separate	separate	VERB
abr-289	329	43	the	the	DET
abr-289	329	44	two	two	NUM
abr-289	329	45	groups	group	NOUN
abr-289	329	46	.	.	PUNCT