id	sid	tid	token	lemma	pos
gp-209	1	1	367	367	NUM
gp-209	1	2	american	american	ADJ
gp-209	1	3	journal	journal	PROPN
gp-209	1	4	of	of	ADP
gp-209	1	5	economic	economic	ADJ
gp-209	1	6	and	and	CCONJ
gp-209	1	7	management	management	NOUN
gp-209	1	8	business	business	NOUN
gp-209	1	9	e	e	NOUN
gp-209	1	10	-	-	NOUN
gp-209	1	11	issn	issn	ADJ
gp-209	1	12	:	:	PUNCT
gp-209	1	13	2835	2835	NUM
gp-209	1	14	-	-	SYM
gp-209	1	15	5199	5199	NUM
gp-209	1	16	vol	vol	NOUN
gp-209	1	17	.	.	PROPN
gp-209	1	18	4	4	NUM
gp-209	1	19	no	no	NOUN
gp-209	1	20	.	.	NOUN
gp-209	1	21	5	5	NUM
gp-209	1	22	may	may	AUX
gp-209	1	23	2025	2025	NUM
gp-209	1	24	the	the	DET
gp-209	1	25	relationship	relationship	NOUN
gp-209	1	26	between	between	ADP
gp-209	1	27	goodwill	goodwill	NOUN
gp-209	1	28	and	and	CCONJ
gp-209	1	29	capital	capital	NOUN
gp-209	1	30	structure	structure	NOUN
gp-209	1	31	with	with	ADP
gp-209	1	32	financial	financial	ADJ
gp-209	1	33	market	market	NOUN
gp-209	1	34	development	development	NOUN
gp-209	1	35	as	as	ADP
gp-209	1	36	a	a	DET
gp-209	1	37	moderator	moderator	NOUN
gp-209	1	38	joko	joko	PROPN
gp-209	1	39	kristanto	kristanto	PROPN
gp-209	1	40	,	,	PUNCT
gp-209	1	41	irni	irni	NOUN
gp-209	1	42	yunita	yunita	PROPN
gp-209	1	43	universitas	universita	NOUN
gp-209	1	44	telkom	telkom	VERB
gp-209	1	45	,	,	PUNCT
gp-209	1	46	indonesia	indonesia	PROPN
gp-209	1	47	emails	email	NOUN
gp-209	1	48	:	:	PUNCT
gp-209	1	49	joko.kristanto1@gmail.com	joko.kristanto1@gmail.com	X
gp-209	1	50	,	,	PUNCT
gp-209	1	51	irniyunita@telkomuniversity.ac.id	irniyunita@telkomuniversity.ac.id	NOUN
gp-209	1	52	abstract	abstract	ADJ
gp-209	1	53	transportation	transportation	NOUN
gp-209	1	54	and	and	CCONJ
gp-209	1	55	logistics	logistic	NOUN
gp-209	1	56	companies	company	NOUN
gp-209	1	57	in	in	ADP
gp-209	1	58	indonesia	indonesia	PROPN
gp-209	1	59	face	face	VERB
gp-209	1	60	significant	significant	ADJ
gp-209	1	61	challenges	challenge	NOUN
gp-209	1	62	in	in	ADP
gp-209	1	63	maintaining	maintain	VERB
gp-209	1	64	capital	capital	NOUN
gp-209	1	65	stability	stability	NOUN
gp-209	1	66	,	,	PUNCT
gp-209	1	67	especially	especially	ADV
gp-209	1	68	after	after	ADP
gp-209	1	69	the	the	DET
gp-209	1	70	covid-19	covid-19	PROPN
gp-209	1	71	pandemic	pandemic	NOUN
gp-209	1	72	.	.	PUNCT
gp-209	2	1	the	the	DET
gp-209	2	2	volatility	volatility	NOUN
gp-209	2	3	in	in	ADP
gp-209	2	4	earnings	earning	NOUN
gp-209	2	5	and	and	CCONJ
gp-209	2	6	the	the	DET
gp-209	2	7	increasing	increase	VERB
gp-209	2	8	importance	importance	NOUN
gp-209	2	9	of	of	ADP
gp-209	2	10	intangible	intangible	ADJ
gp-209	2	11	assets	asset	NOUN
gp-209	2	12	like	like	ADP
gp-209	2	13	goodwill	goodwill	NOUN
gp-209	2	14	have	have	AUX
gp-209	2	15	raised	raise	VERB
gp-209	2	16	questions	question	NOUN
gp-209	2	17	about	about	ADP
gp-209	2	18	their	their	PRON
gp-209	2	19	impact	impact	NOUN
gp-209	2	20	on	on	ADP
gp-209	2	21	capital	capital	NOUN
gp-209	2	22	structure	structure	NOUN
gp-209	2	23	.	.	PUNCT
gp-209	3	1	this	this	DET
gp-209	3	2	study	study	NOUN
gp-209	3	3	aims	aim	VERB
gp-209	3	4	to	to	PART
gp-209	3	5	examine	examine	VERB
gp-209	3	6	the	the	DET
gp-209	3	7	influence	influence	NOUN
gp-209	3	8	of	of	ADP
gp-209	3	9	goodwill	goodwill	NOUN
gp-209	3	10	assets	asset	NOUN
gp-209	3	11	,	,	PUNCT
gp-209	3	12	earning	earn	VERB
gp-209	3	13	volatility	volatility	NOUN
gp-209	3	14	,	,	PUNCT
gp-209	3	15	and	and	CCONJ
gp-209	3	16	financial	financial	ADJ
gp-209	3	17	flexibility	flexibility	NOUN
gp-209	3	18	on	on	ADP
gp-209	3	19	capital	capital	NOUN
gp-209	3	20	structure	structure	NOUN
gp-209	3	21	,	,	PUNCT
gp-209	3	22	with	with	ADP
gp-209	3	23	financial	financial	ADJ
gp-209	3	24	market	market	NOUN
gp-209	3	25	development	development	NOUN
gp-209	3	26	as	as	ADP
gp-209	3	27	a	a	DET
gp-209	3	28	moderating	moderate	VERB
gp-209	3	29	variable	variable	NOUN
gp-209	3	30	.	.	PUNCT
gp-209	4	1	a	a	DET
gp-209	4	2	quantitative	quantitative	ADJ
gp-209	4	3	research	research	NOUN
gp-209	4	4	method	method	NOUN
gp-209	4	5	was	be	AUX
gp-209	4	6	employed	employ	VERB
gp-209	4	7	using	use	VERB
gp-209	4	8	panel	panel	NOUN
gp-209	4	9	data	datum	NOUN
gp-209	4	10	regression	regression	NOUN
gp-209	4	11	and	and	CCONJ
gp-209	4	12	moderated	moderate	VERB
gp-209	4	13	regression	regression	NOUN
gp-209	4	14	analysis	analysis	NOUN
gp-209	4	15	.	.	PUNCT
gp-209	5	1	the	the	DET
gp-209	5	2	study	study	NOUN
gp-209	5	3	analyzed	analyze	VERB
gp-209	5	4	120	120	NUM
gp-209	5	5	observations	observation	NOUN
gp-209	5	6	from	from	ADP
gp-209	5	7	20	20	NUM
gp-209	5	8	companies	company	NOUN
gp-209	5	9	listed	list	VERB
gp-209	5	10	on	on	ADP
gp-209	5	11	the	the	DET
gp-209	5	12	indonesia	indonesia	PROPN
gp-209	5	13	stock	stock	PROPN
gp-209	5	14	exchange	exchange	NOUN
gp-209	5	15	between	between	ADP
gp-209	5	16	2018	2018	NUM
gp-209	5	17	and	and	CCONJ
gp-209	5	18	2023	2023	NUM
gp-209	5	19	.	.	PUNCT
gp-209	6	1	results	result	NOUN
gp-209	6	2	indicate	indicate	VERB
gp-209	6	3	that	that	SCONJ
gp-209	6	4	goodwill	goodwill	NOUN
gp-209	6	5	assets	asset	NOUN
gp-209	6	6	and	and	CCONJ
gp-209	6	7	earning	earn	VERB
gp-209	6	8	volatility	volatility	NOUN
gp-209	6	9	do	do	AUX
gp-209	6	10	not	not	PART
gp-209	6	11	have	have	VERB
gp-209	6	12	a	a	DET
gp-209	6	13	significant	significant	ADJ
gp-209	6	14	effect	effect	NOUN
gp-209	6	15	on	on	ADP
gp-209	6	16	capital	capital	NOUN
gp-209	6	17	structure	structure	NOUN
gp-209	6	18	,	,	PUNCT
gp-209	6	19	while	while	SCONJ
gp-209	6	20	financial	financial	ADJ
gp-209	6	21	flexibility	flexibility	NOUN
gp-209	6	22	shows	show	VERB
gp-209	6	23	a	a	DET
gp-209	6	24	strong	strong	ADJ
gp-209	6	25	and	and	CCONJ
gp-209	6	26	consistent	consistent	ADJ
gp-209	6	27	influence	influence	NOUN
gp-209	6	28	.	.	PUNCT
gp-209	7	1	furthermore	furthermore	ADV
gp-209	7	2	,	,	PUNCT
gp-209	7	3	financial	financial	ADJ
gp-209	7	4	market	market	NOUN
gp-209	7	5	development	development	NOUN
gp-209	7	6	does	do	AUX
gp-209	7	7	not	not	PART
gp-209	7	8	significantly	significantly	ADV
gp-209	7	9	moderate	moderate	VERB
gp-209	7	10	the	the	DET
gp-209	7	11	relationship	relationship	NOUN
gp-209	7	12	between	between	ADP
gp-209	7	13	goodwill	goodwill	NOUN
gp-209	7	14	and	and	CCONJ
gp-209	7	15	capital	capital	NOUN
gp-209	7	16	structure	structure	NOUN
gp-209	7	17	.	.	PUNCT
gp-209	8	1	these	these	DET
gp-209	8	2	findings	finding	NOUN
gp-209	8	3	suggest	suggest	VERB
gp-209	8	4	that	that	SCONJ
gp-209	8	5	internal	internal	ADJ
gp-209	8	6	financial	financial	ADJ
gp-209	8	7	strategies	strategy	NOUN
gp-209	8	8	,	,	PUNCT
gp-209	8	9	particularly	particularly	ADV
gp-209	8	10	enhancing	enhance	VERB
gp-209	8	11	financial	financial	ADJ
gp-209	8	12	flexibility	flexibility	NOUN
gp-209	8	13	,	,	PUNCT
gp-209	8	14	are	be	AUX
gp-209	8	15	more	more	ADV
gp-209	8	16	impactful	impactful	ADJ
gp-209	8	17	than	than	ADP
gp-209	8	18	intangible	intangible	ADJ
gp-209	8	19	assets	asset	NOUN
gp-209	8	20	in	in	ADP
gp-209	8	21	shaping	shape	VERB
gp-209	8	22	capital	capital	NOUN
gp-209	8	23	structure	structure	NOUN
gp-209	8	24	decisions	decision	NOUN
gp-209	8	25	in	in	ADP
gp-209	8	26	this	this	DET
gp-209	8	27	sector	sector	NOUN
gp-209	8	28	.	.	PUNCT
gp-209	9	1	future	future	ADJ
gp-209	9	2	research	research	NOUN
gp-209	9	3	should	should	AUX
gp-209	9	4	explore	explore	VERB
gp-209	9	5	additional	additional	ADJ
gp-209	9	6	moderating	moderate	VERB
gp-209	9	7	variables	variable	NOUN
gp-209	9	8	,	,	PUNCT
gp-209	9	9	such	such	ADJ
gp-209	9	10	as	as	ADP
gp-209	9	11	governance	governance	NOUN
gp-209	9	12	quality	quality	NOUN
gp-209	9	13	or	or	CCONJ
gp-209	9	14	investor	investor	NOUN
gp-209	9	15	sentiment	sentiment	NOUN
gp-209	9	16	,	,	PUNCT
gp-209	9	17	and	and	CCONJ
gp-209	9	18	conduct	conduct	VERB
gp-209	9	19	crosssectoral	crosssectoral	ADJ
gp-209	9	20	comparisons	comparison	NOUN
gp-209	9	21	to	to	PART
gp-209	9	22	generalize	generalize	VERB
gp-209	9	23	findings	finding	NOUN
gp-209	9	24	.	.	PUNCT
gp-209	10	1	keywords	keyword	NOUN
gp-209	10	2	:	:	PUNCT
gp-209	10	3	goodwill	goodwill	NOUN
gp-209	10	4	asset	asset	NOUN
gp-209	10	5	,	,	PUNCT
gp-209	10	6	earning	earn	VERB
gp-209	10	7	volatility	volatility	NOUN
gp-209	10	8	,	,	PUNCT
gp-209	10	9	financial	financial	ADJ
gp-209	10	10	flexibility	flexibility	NOUN
gp-209	10	11	,	,	PUNCT
gp-209	10	12	financial	financial	ADJ
gp-209	10	13	introduction	introduction	NOUN
gp-209	10	14	the	the	DET
gp-209	10	15	role	role	NOUN
gp-209	10	16	of	of	ADP
gp-209	10	17	the	the	DET
gp-209	10	18	transportation	transportation	NOUN
gp-209	10	19	and	and	CCONJ
gp-209	10	20	logistics	logistic	NOUN
gp-209	10	21	sector	sector	NOUN
gp-209	10	22	is	be	AUX
gp-209	10	23	very	very	ADV
gp-209	10	24	closely	closely	ADV
gp-209	10	25	related	relate	VERB
gp-209	10	26	in	in	ADP
gp-209	10	27	daily	daily	ADJ
gp-209	10	28	life	life	NOUN
gp-209	10	29	such	such	ADJ
gp-209	10	30	as	as	ADP
gp-209	10	31	human	human	ADJ
gp-209	10	32	mobility	mobility	NOUN
gp-209	10	33	which	which	PRON
gp-209	10	34	is	be	AUX
gp-209	10	35	increasing	increase	VERB
gp-209	10	36	due	due	ADJ
gp-209	10	37	to	to	ADP
gp-209	10	38	technological	technological	ADJ
gp-209	10	39	developments	development	NOUN
gp-209	10	40	that	that	PRON
gp-209	10	41	make	make	VERB
gp-209	10	42	it	it	PRON
gp-209	10	43	easier	easy	ADJ
gp-209	10	44	for	for	SCONJ
gp-209	10	45	a	a	DET
gp-209	10	46	person	person	NOUN
gp-209	10	47	to	to	PART
gp-209	10	48	be	be	AUX
gp-209	10	49	able	able	ADJ
gp-209	10	50	to	to	PART
gp-209	10	51	travel	travel	VERB
gp-209	10	52	at	at	ADP
gp-209	10	53	any	any	DET
gp-209	10	54	time	time	NOUN
gp-209	10	55	so	so	SCONJ
gp-209	10	56	as	as	SCONJ
gp-209	10	57	to	to	PART
gp-209	10	58	cause	cause	VERB
gp-209	10	59	the	the	DET
gp-209	10	60	desire	desire	NOUN
gp-209	10	61	to	to	PART
gp-209	10	62	travel	travel	VERB
gp-209	10	63	both	both	PRON
gp-209	10	64	for	for	ADP
gp-209	10	65	business	business	NOUN
gp-209	10	66	and	and	CCONJ
gp-209	10	67	leisure	leisure	NOUN
gp-209	10	68	needs	need	NOUN
gp-209	10	69	(	(	PUNCT
gp-209	10	70	fernandes	fernande	NOUN
gp-209	10	71	et	et	PROPN
gp-209	10	72	al	al	PROPN
gp-209	10	73	.	.	PROPN
gp-209	10	74	,	,	PUNCT
gp-209	10	75	2023	2023	NUM
gp-209	10	76	;	;	PUNCT
gp-209	10	77	gunasekaran	gunasekaran	NOUN
gp-209	10	78	et	et	PROPN
gp-209	10	79	al	al	PROPN
gp-209	10	80	.	.	PROPN
gp-209	10	81	,	,	PUNCT
gp-209	10	82	2017	2017	NUM
gp-209	10	83	;	;	PUNCT
gp-209	10	84	herdiana	herdiana	PROPN
gp-209	10	85	et	et	PROPN
gp-209	10	86	al	al	PROPN
gp-209	10	87	.	.	PROPN
gp-209	10	88	,	,	PUNCT
gp-209	10	89	2023	2023	NUM
gp-209	10	90	;	;	PUNCT
gp-209	10	91	herold	herold	PROPN
gp-209	10	92	&	&	CCONJ
gp-209	10	93	lee	lee	PROPN
gp-209	10	94	,	,	PUNCT
gp-209	10	95	2017	2017	NUM
gp-209	10	96	;	;	PUNCT
gp-209	10	97	kuzey	kuzey	PROPN
gp-209	10	98	et	et	PROPN
gp-209	10	99	al	al	PROPN
gp-209	10	100	.	.	PROPN
gp-209	10	101	,	,	PUNCT
gp-209	10	102	2022	2022	NUM
gp-209	10	103	)	)	PUNCT
gp-209	10	104	.	.	PUNCT
gp-209	11	1	in	in	ADP
gp-209	11	2	addition	addition	NOUN
gp-209	11	3	to	to	ADP
gp-209	11	4	human	human	ADJ
gp-209	11	5	mobility	mobility	NOUN
gp-209	11	6	,	,	PUNCT
gp-209	11	7	this	this	DET
gp-209	11	8	sector	sector	NOUN
gp-209	11	9	also	also	ADV
gp-209	11	10	mobilizes	mobilize	VERB
gp-209	11	11	goods	good	NOUN
gp-209	11	12	from	from	ADP
gp-209	11	13	simple	simple	ADJ
gp-209	11	14	things	thing	NOUN
gp-209	11	15	such	such	ADJ
gp-209	11	16	as	as	ADP
gp-209	11	17	food	food	NOUN
gp-209	11	18	to	to	ADP
gp-209	11	19	the	the	DET
gp-209	11	20	fulfillment	fulfillment	NOUN
gp-209	11	21	of	of	ADP
gp-209	11	22	energy	energy	NOUN
gp-209	11	23	security	security	NOUN
gp-209	11	24	as	as	ADV
gp-209	11	25	well	well	ADV
gp-209	11	26	as	as	ADP
gp-209	11	27	the	the	DET
gp-209	11	28	strategic	strategic	ADJ
gp-209	11	29	interests	interest	NOUN
gp-209	11	30	of	of	ADP
gp-209	11	31	the	the	DET
gp-209	11	32	company	company	NOUN
gp-209	11	33	's	's	PART
gp-209	11	34	operations	operation	NOUN
gp-209	11	35	in	in	ADP
gp-209	11	36	supporting	support	VERB
gp-209	11	37	the	the	DET
gp-209	11	38	supply	supply	NOUN
gp-209	11	39	chain	chain	NOUN
gp-209	11	40	.	.	PUNCT
gp-209	12	1	the	the	DET
gp-209	12	2	object	object	NOUN
gp-209	12	3	of	of	ADP
gp-209	12	4	this	this	DET
gp-209	12	5	study	study	NOUN
gp-209	12	6	is	be	AUX
gp-209	12	7	that	that	PRON
gp-209	12	8	transportation	transportation	NOUN
gp-209	12	9	and	and	CCONJ
gp-209	12	10	logistics	logistic	NOUN
gp-209	12	11	sector	sector	NOUN
gp-209	12	12	companies	company	NOUN
gp-209	12	13	listed	list	VERB
gp-209	12	14	on	on	ADP
gp-209	12	15	the	the	DET
gp-209	12	16	indonesia	indonesia	PROPN
gp-209	12	17	stock	stock	PROPN
gp-209	12	18	exchange	exchange	PROPN
gp-209	12	19	(	(	PUNCT
gp-209	12	20	idx	idx	PROPN
gp-209	12	21	)	)	PUNCT
gp-209	12	22	as	as	ADP
gp-209	12	23	of	of	ADP
gp-209	12	24	2024	2024	NUM
gp-209	12	25	are	be	AUX
gp-209	12	26	included	include	VERB
gp-209	12	27	in	in	ADP
gp-209	12	28	category	category	NOUN
gp-209	12	29	k.	k.	PROPN
gp-209	13	1	category	category	PROPN
gp-209	14	1	k	k	PROPN
gp-209	14	2	is	be	AUX
gp-209	14	3	intended	intend	VERB
gp-209	14	4	for	for	ADP
gp-209	14	5	the	the	DET
gp-209	14	6	classification	classification	NOUN
gp-209	14	7	category	category	NOUN
gp-209	14	8	of	of	ADP
gp-209	14	9	sectors	sector	NOUN
gp-209	14	10	and	and	CCONJ
gp-209	14	11	industries	industry	NOUN
gp-209	14	12	engaged	engage	VERB
gp-209	14	13	in	in	ADP
gp-209	14	14	transportation	transportation	NOUN
gp-209	14	15	and	and	CCONJ
gp-209	14	16	logistics	logistic	NOUN
gp-209	14	17	consisting	consist	VERB
gp-209	14	18	of	of	ADP
gp-209	14	19	37	37	NUM
gp-209	14	20	companies	company	NOUN
gp-209	14	21	that	that	PRON
gp-209	14	22	provide	provide	VERB
gp-209	14	23	services	service	NOUN
gp-209	14	24	for	for	ADP
gp-209	14	25	the	the	DET
gp-209	14	26	movement	movement	NOUN
gp-209	14	27	of	of	ADP
gp-209	14	28	people	people	NOUN
gp-209	14	29	and	and	CCONJ
gp-209	14	30	or	or	CCONJ
gp-209	14	31	goods	good	NOUN
gp-209	14	32	from	from	ADP
gp-209	14	33	one	one	NUM
gp-209	14	34	location	location	NOUN
gp-209	14	35	to	to	ADP
gp-209	14	36	another	another	PRON
gp-209	14	37	.	.	PUNCT
gp-209	15	1	broadly	broadly	ADV
gp-209	15	2	speaking	speak	VERB
gp-209	15	3	,	,	PUNCT
gp-209	15	4	companies	company	NOUN
gp-209	15	5	that	that	PRON
gp-209	15	6	are	be	AUX
gp-209	15	7	members	member	NOUN
gp-209	15	8	of	of	ADP
gp-209	15	9	the	the	DET
gp-209	15	10	transportation	transportation	NOUN
gp-209	15	11	and	and	CCONJ
gp-209	15	12	logistics	logistic	NOUN
gp-209	15	13	sector	sector	NOUN
gp-209	15	14	are	be	AUX
gp-209	15	15	engaged	engage	VERB
gp-209	15	16	in	in	ADP
gp-209	15	17	airlines	airline	NOUN
gp-209	15	18	,	,	PUNCT
gp-209	15	19	passenger	passenger	NOUN
gp-209	15	20	marine	marine	PROPN
gp-209	15	21	transportation	transportation	PROPN
gp-209	15	22	,	,	PUNCT
gp-209	15	23	passenger	passenger	NOUN
gp-209	15	24	land	land	NOUN
gp-209	15	25	mailto:joko.kristanto1@gmail.com	mailto:joko.kristanto1@gmail.com	X
gp-209	15	26	mailto:irniyunita@telkomuniversity.ac.id	mailto:irniyunita@telkomuniversity.ac.id	PROPN
gp-209	15	27	american	american	PROPN
gp-209	15	28	journal	journal	PROPN
gp-209	15	29	of	of	ADP
gp-209	15	30	economic	economic	ADJ
gp-209	15	31	and	and	CCONJ
gp-209	15	32	management	management	NOUN
gp-209	15	33	business	business	NOUN
gp-209	15	34	vol	vol	NOUN
gp-209	15	35	.	.	PROPN
gp-209	16	1	4	4	NUM
gp-209	16	2	no	no	NOUN
gp-209	16	3	.	.	NOUN
gp-209	16	4	5	5	NUM
gp-209	17	1	may	may	AUX
gp-209	17	2	2025	2025	NUM
gp-209	17	3	368	368	NUM
gp-209	17	4	transportation	transportation	NOUN
gp-209	17	5	and	and	CCONJ
gp-209	17	6	logistics	logistic	NOUN
gp-209	17	7	&	&	CCONJ
gp-209	17	8	deliveries	delivery	NOUN
gp-209	17	9	.	.	PUNCT
gp-209	18	1	of	of	ADP
gp-209	18	2	the	the	DET
gp-209	18	3	37	37	NUM
gp-209	18	4	companies	company	NOUN
gp-209	18	5	in	in	ADP
gp-209	18	6	the	the	DET
gp-209	18	7	transportation	transportation	NOUN
gp-209	18	8	and	and	CCONJ
gp-209	18	9	logistics	logistic	NOUN
gp-209	18	10	sector	sector	NOUN
gp-209	18	11	listed	list	VERB
gp-209	18	12	on	on	ADP
gp-209	18	13	the	the	DET
gp-209	18	14	stock	stock	NOUN
gp-209	18	15	exchange	exchange	NOUN
gp-209	18	16	,	,	PUNCT
gp-209	18	17	14	14	NUM
gp-209	18	18	companies	company	NOUN
gp-209	18	19	were	be	AUX
gp-209	18	20	listed	list	VERB
gp-209	18	21	after	after	ADP
gp-209	18	22	december	december	PROPN
gp-209	18	23	31	31	NUM
gp-209	18	24	,	,	PUNCT
gp-209	18	25	2018	2018	NUM
gp-209	18	26	and	and	CCONJ
gp-209	18	27	3	3	NUM
gp-209	18	28	companies	company	NOUN
gp-209	18	29	that	that	PRON
gp-209	18	30	did	do	AUX
gp-209	18	31	not	not	PART
gp-209	18	32	present	present	VERB
gp-209	18	33	financial	financial	ADJ
gp-209	18	34	statements	statement	NOUN
gp-209	18	35	for	for	ADP
gp-209	18	36	the	the	DET
gp-209	18	37	2018	2018	NUM
gp-209	18	38	-	-	SYM
gp-209	18	39	2023	2023	NUM
gp-209	18	40	period	period	NOUN
gp-209	18	41	,	,	PUNCT
gp-209	18	42	so	so	SCONJ
gp-209	18	43	that	that	SCONJ
gp-209	18	44	20	20	NUM
gp-209	18	45	companies	company	NOUN
gp-209	18	46	were	be	AUX
gp-209	18	47	obtained	obtain	VERB
gp-209	18	48	that	that	PRON
gp-209	18	49	would	would	AUX
gp-209	18	50	be	be	AUX
gp-209	18	51	used	use	VERB
gp-209	18	52	as	as	ADP
gp-209	18	53	sample	sample	NOUN
gp-209	18	54	companies	company	NOUN
gp-209	18	55	in	in	ADP
gp-209	18	56	this	this	DET
gp-209	18	57	study	study	NOUN
gp-209	18	58	.	.	PUNCT
gp-209	19	1	in	in	ADP
gp-209	19	2	indonesia	indonesia	PROPN
gp-209	19	3	,	,	PUNCT
gp-209	19	4	one	one	NUM
gp-209	19	5	of	of	ADP
gp-209	19	6	the	the	DET
gp-209	19	7	growing	grow	VERB
gp-209	19	8	and	and	CCONJ
gp-209	19	9	very	very	ADV
gp-209	19	10	important	important	ADJ
gp-209	19	11	corporate	corporate	ADJ
gp-209	19	12	sectors	sector	NOUN
gp-209	19	13	in	in	ADP
gp-209	19	14	the	the	DET
gp-209	19	15	development	development	NOUN
gp-209	19	16	of	of	ADP
gp-209	19	17	a	a	DET
gp-209	19	18	country	country	NOUN
gp-209	19	19	is	be	AUX
gp-209	19	20	transportation	transportation	NOUN
gp-209	19	21	and	and	CCONJ
gp-209	19	22	logistics	logistic	NOUN
gp-209	19	23	.	.	PUNCT
gp-209	20	1	this	this	DET
gp-209	20	2	sector	sector	NOUN
gp-209	20	3	is	be	AUX
gp-209	20	4	very	very	ADV
gp-209	20	5	important	important	ADJ
gp-209	20	6	because	because	SCONJ
gp-209	20	7	indonesia	indonesia	PROPN
gp-209	20	8	is	be	AUX
gp-209	20	9	an	an	DET
gp-209	20	10	archipelagic	archipelagic	ADJ
gp-209	20	11	country	country	NOUN
gp-209	20	12	that	that	PRON
gp-209	20	13	urgently	urgently	ADV
gp-209	20	14	needs	need	VERB
gp-209	20	15	adequate	adequate	ADJ
gp-209	20	16	transportation	transportation	NOUN
gp-209	20	17	and	and	CCONJ
gp-209	20	18	logistics	logistic	NOUN
gp-209	20	19	facilities	facility	NOUN
gp-209	20	20	as	as	ADP
gp-209	20	21	a	a	DET
gp-209	20	22	link	link	NOUN
gp-209	20	23	for	for	ADP
gp-209	20	24	economic	economic	ADJ
gp-209	20	25	activities	activity	NOUN
gp-209	20	26	,	,	PUNCT
gp-209	20	27	distribution	distribution	NOUN
gp-209	20	28	of	of	ADP
gp-209	20	29	living	living	NOUN
gp-209	20	30	needs	need	NOUN
gp-209	20	31	of	of	ADP
gp-209	20	32	the	the	DET
gp-209	20	33	wider	wide	ADJ
gp-209	20	34	community	community	NOUN
gp-209	20	35	and	and	CCONJ
gp-209	20	36	equitable	equitable	ADJ
gp-209	20	37	distribution	distribution	NOUN
gp-209	20	38	of	of	ADP
gp-209	20	39	the	the	DET
gp-209	20	40	population	population	NOUN
gp-209	20	41	.	.	PUNCT
gp-209	21	1	the	the	DET
gp-209	21	2	transportation	transportation	NOUN
gp-209	21	3	and	and	CCONJ
gp-209	21	4	logistics	logistic	NOUN
gp-209	21	5	sector	sector	NOUN
gp-209	21	6	is	be	AUX
gp-209	21	7	expected	expect	VERB
gp-209	21	8	to	to	PART
gp-209	21	9	fulfill	fulfill	VERB
gp-209	21	10	the	the	DET
gp-209	21	11	vision	vision	NOUN
gp-209	21	12	mandate	mandate	NOUN
gp-209	21	13	of	of	ADP
gp-209	21	14	the	the	DET
gp-209	21	15	ministry	ministry	PROPN
gp-209	21	16	of	of	ADP
gp-209	21	17	transportation	transportation	NOUN
gp-209	21	18	,	,	PUNCT
gp-209	21	19	namely	namely	ADV
gp-209	21	20	the	the	DET
gp-209	21	21	realization	realization	NOUN
gp-209	21	22	of	of	ADP
gp-209	21	23	reliable	reliable	ADJ
gp-209	21	24	,	,	PUNCT
gp-209	21	25	inclusive	inclusive	ADJ
gp-209	21	26	,	,	PUNCT
gp-209	21	27	competitive	competitive	ADJ
gp-209	21	28	and	and	CCONJ
gp-209	21	29	value	value	NOUN
gp-209	21	30	-	-	PUNCT
gp-209	21	31	added	add	VERB
gp-209	21	32	national	national	ADJ
gp-209	21	33	transportation	transportation	NOUN
gp-209	21	34	to	to	PART
gp-209	21	35	support	support	VERB
gp-209	21	36	the	the	DET
gp-209	21	37	realization	realization	NOUN
gp-209	21	38	of	of	ADP
gp-209	21	39	the	the	DET
gp-209	21	40	golden	golden	PROPN
gp-209	21	41	indonesia	indonesia	PROPN
gp-209	21	42	vision	vision	PROPN
gp-209	21	43	2045	2045	NUM
gp-209	21	44	:	:	PUNCT
gp-209	21	45	"	"	PUNCT
gp-209	21	46	sovereign	sovereign	ADJ
gp-209	21	47	,	,	PUNCT
gp-209	21	48	advanced	advanced	ADJ
gp-209	21	49	and	and	CCONJ
gp-209	21	50	sustainable	sustainable	ADJ
gp-209	21	51	archipelago	archipelago	NOUN
gp-209	21	52	state	state	NOUN
gp-209	21	53	(	(	PUNCT
gp-209	21	54	https://www.dephub.go.id/post/read/kemenhub-susun-rencana-kerja-tahun-2025	https://www.dephub.go.id/post/read/kemenhub-susun-rencana-kerja-tahun-2025	PROPN
gp-209	21	55	)	)	PUNCT
gp-209	21	56	.	.	PUNCT
gp-209	22	1	one	one	NUM
gp-209	22	2	of	of	ADP
gp-209	22	3	the	the	DET
gp-209	22	4	indicators	indicator	NOUN
gp-209	22	5	for	for	ADP
gp-209	22	6	fulfilling	fulfil	VERB
gp-209	22	7	this	this	DET
gp-209	22	8	vision	vision	NOUN
gp-209	22	9	is	be	AUX
gp-209	22	10	competitiveness	competitiveness	NOUN
gp-209	22	11	,	,	PUNCT
gp-209	22	12	which	which	PRON
gp-209	22	13	means	mean	VERB
gp-209	22	14	the	the	DET
gp-209	22	15	availability	availability	NOUN
gp-209	22	16	of	of	ADP
gp-209	22	17	efficient	efficient	ADJ
gp-209	22	18	and	and	CCONJ
gp-209	22	19	competitive	competitive	ADJ
gp-209	22	20	transportation	transportation	NOUN
gp-209	22	21	services	service	NOUN
gp-209	22	22	,	,	PUNCT
gp-209	22	23	which	which	PRON
gp-209	22	24	are	be	AUX
gp-209	22	25	served	serve	VERB
gp-209	22	26	by	by	ADP
gp-209	22	27	service	service	NOUN
gp-209	22	28	providers	provider	NOUN
gp-209	22	29	and	and	CCONJ
gp-209	22	30	human	human	ADJ
gp-209	22	31	resources	resource	NOUN
gp-209	22	32	who	who	PRON
gp-209	22	33	are	be	AUX
gp-209	22	34	professional	professional	ADJ
gp-209	22	35	,	,	PUNCT
gp-209	22	36	independent	independent	ADJ
gp-209	22	37	and	and	CCONJ
gp-209	22	38	productive	productive	ADJ
gp-209	22	39	,	,	PUNCT
gp-209	22	40	and	and	CCONJ
gp-209	22	41	internationally	internationally	ADV
gp-209	22	42	competitive	competitive	ADJ
gp-209	22	43	(	(	PUNCT
gp-209	22	44	strategic	strategic	ADJ
gp-209	22	45	plan	plan	NOUN
gp-209	22	46	of	of	ADP
gp-209	22	47	the	the	DET
gp-209	22	48	ministry	ministry	PROPN
gp-209	22	49	of	of	ADP
gp-209	22	50	transportation	transportation	PROPN
gp-209	22	51	2019	2019	NUM
gp-209	22	52	-	-	SYM
gp-209	22	53	2024	2024	NUM
gp-209	22	54	)	)	PUNCT
gp-209	22	55	.	.	PUNCT
gp-209	23	1	in	in	ADP
gp-209	23	2	addition	addition	NOUN
gp-209	23	3	to	to	ADP
gp-209	23	4	the	the	DET
gp-209	23	5	necessary	necessary	ADJ
gp-209	23	6	experts	expert	NOUN
gp-209	23	7	,	,	PUNCT
gp-209	23	8	the	the	DET
gp-209	23	9	availability	availability	NOUN
gp-209	23	10	of	of	ADP
gp-209	23	11	capital	capital	NOUN
gp-209	23	12	is	be	AUX
gp-209	23	13	an	an	DET
gp-209	23	14	obstacle	obstacle	NOUN
gp-209	23	15	to	to	ADP
gp-209	23	16	the	the	DET
gp-209	23	17	realization	realization	NOUN
gp-209	23	18	of	of	ADP
gp-209	23	19	transportation	transportation	NOUN
gp-209	23	20	facilities	facility	NOUN
gp-209	23	21	because	because	SCONJ
gp-209	23	22	it	it	PRON
gp-209	23	23	requires	require	VERB
gp-209	23	24	very	very	ADV
gp-209	23	25	large	large	ADJ
gp-209	23	26	costs	cost	NOUN
gp-209	23	27	coupled	couple	VERB
gp-209	23	28	with	with	ADP
gp-209	23	29	soaring	soar	VERB
gp-209	23	30	costs	cost	NOUN
gp-209	23	31	of	of	ADP
gp-209	23	32	materials	material	NOUN
gp-209	23	33	and	and	CCONJ
gp-209	23	34	fuels	fuel	NOUN
gp-209	23	35	due	due	ADP
gp-209	23	36	to	to	ADP
gp-209	23	37	global	global	ADJ
gp-209	23	38	impacts	impact	NOUN
gp-209	23	39	.	.	PUNCT
gp-209	24	1	another	another	DET
gp-209	24	2	challenge	challenge	NOUN
gp-209	24	3	faced	face	VERB
gp-209	24	4	by	by	ADP
gp-209	24	5	the	the	DET
gp-209	24	6	transportation	transportation	NOUN
gp-209	24	7	and	and	CCONJ
gp-209	24	8	logistics	logistic	NOUN
gp-209	24	9	sector	sector	NOUN
gp-209	24	10	is	be	AUX
gp-209	24	11	the	the	DET
gp-209	24	12	covid-19	covid-19	PROPN
gp-209	24	13	pandemic	pandemic	NOUN
gp-209	24	14	the	the	DET
gp-209	24	15	condition	condition	NOUN
gp-209	24	16	of	of	ADP
gp-209	24	17	the	the	DET
gp-209	24	18	covid-19	covid-19	PROPN
gp-209	24	19	pandemic	pandemic	NOUN
gp-209	24	20	resulted	result	VERB
gp-209	24	21	in	in	ADP
gp-209	24	22	a	a	DET
gp-209	24	23	decrease	decrease	NOUN
gp-209	24	24	in	in	ADP
gp-209	24	25	the	the	DET
gp-209	24	26	gross	gross	ADJ
gp-209	24	27	domestic	domestic	ADJ
gp-209	24	28	product	product	NOUN
gp-209	24	29	of	of	ADP
gp-209	24	30	the	the	DET
gp-209	24	31	transportation	transportation	NOUN
gp-209	24	32	and	and	CCONJ
gp-209	24	33	logistics	logistic	NOUN
gp-209	24	34	sector	sector	NOUN
gp-209	24	35	in	in	ADP
gp-209	24	36	q1	q1	PROPN
gp-209	24	37	of	of	ADP
gp-209	24	38	2020	2020	NUM
gp-209	24	39	which	which	PRON
gp-209	24	40	was	be	AUX
gp-209	24	41	marked	mark	VERB
gp-209	24	42	by	by	ADP
gp-209	24	43	a	a	DET
gp-209	24	44	growth	growth	NOUN
gp-209	24	45	of	of	ADP
gp-209	24	46	only	only	ADV
gp-209	24	47	1.27	1.27	NUM
gp-209	24	48	%	%	NOUN
gp-209	24	49	as	as	ADP
gp-209	24	50	compared	compare	VERB
gp-209	24	51	to	to	ADP
gp-209	24	52	the	the	DET
gp-209	24	53	growth	growth	NOUN
gp-209	24	54	of	of	ADP
gp-209	24	55	the	the	DET
gp-209	24	56	transportation	transportation	NOUN
gp-209	24	57	sector	sector	NOUN
gp-209	24	58	in	in	ADP
gp-209	24	59	the	the	DET
gp-209	24	60	previous	previous	ADJ
gp-209	24	61	year	year	NOUN
gp-209	24	62	reaching	reach	VERB
gp-209	24	63	7.55	7.55	NUM
gp-209	24	64	%	%	NOUN
gp-209	24	65	(	(	PUNCT
gp-209	24	66	bps	bps	NOUN
gp-209	24	67	,	,	PUNCT
gp-209	24	68	2020	2020	NUM
gp-209	24	69	)	)	PUNCT
gp-209	24	70	.	.	PUNCT
gp-209	25	1	the	the	DET
gp-209	25	2	following	follow	VERB
gp-209	25	3	is	be	AUX
gp-209	25	4	presented	present	VERB
gp-209	25	5	in	in	ADP
gp-209	25	6	table	table	NOUN
gp-209	25	7	1.2	1.2	NUM
gp-209	25	8	of	of	ADP
gp-209	25	9	the	the	DET
gp-209	25	10	contribution	contribution	NOUN
gp-209	25	11	of	of	ADP
gp-209	25	12	the	the	DET
gp-209	25	13	transportation	transportation	NOUN
gp-209	25	14	and	and	CCONJ
gp-209	25	15	warehousing	warehousing	NOUN
gp-209	25	16	sector	sector	NOUN
gp-209	25	17	to	to	ADP
gp-209	25	18	gross	gross	ADJ
gp-209	25	19	domestic	domestic	ADJ
gp-209	25	20	product	product	NOUN
gp-209	25	21	in	in	ADP
gp-209	25	22	2018	2018	NUM
gp-209	25	23	-	-	SYM
gp-209	25	24	2023	2023	NUM
gp-209	25	25	(	(	PUNCT
gp-209	25	26	in	in	ADP
gp-209	25	27	%	%	NOUN
gp-209	25	28	)	)	PUNCT
gp-209	25	29	.	.	PUNCT
gp-209	26	1	table	table	NOUN
gp-209	26	2	1	1	NUM
gp-209	26	3	.	.	X
gp-209	26	4	contribution	contribution	NOUN
gp-209	26	5	of	of	ADP
gp-209	26	6	transportation	transportation	NOUN
gp-209	26	7	and	and	CCONJ
gp-209	26	8	warehousing	warehousing	NOUN
gp-209	26	9	to	to	ADP
gp-209	26	10	gross	gross	ADJ
gp-209	26	11	domestic	domestic	ADJ
gp-209	26	12	product	product	NOUN
gp-209	26	13	in	in	ADP
gp-209	26	14	2018	2018	NUM
gp-209	26	15	-	-	SYM
gp-209	26	16	2023	2023	NUM
gp-209	26	17	(	(	PUNCT
gp-209	26	18	in	in	ADP
gp-209	26	19	%	%	NOUN
gp-209	26	20	)	)	PUNCT
gp-209	26	21	year	year	NOUN
gp-209	26	22	2018	2018	NUM
gp-209	26	23	2019	2019	NUM
gp-209	26	24	2020	2020	NUM
gp-209	26	25	2021	2021	NUM
gp-209	26	26	2022	2022	NUM
gp-209	26	27	2023	2023	NUM
gp-209	26	28	contribution	contribution	NOUN
gp-209	26	29	of	of	ADP
gp-209	26	30	transportation	transportation	NOUN
gp-209	26	31	and	and	CCONJ
gp-209	26	32	warehousing	warehousing	NOUN
gp-209	26	33	to	to	ADP
gp-209	26	34	gross	gross	ADJ
gp-209	26	35	domestic	domestic	ADJ
gp-209	26	36	product	product	NOUN
gp-209	27	1	5,38	5,38	NUM
gp-209	27	2	5,57	5,57	NUM
gp-209	27	3	4,47	4,47	NUM
gp-209	27	4	4,24	4,24	NUM
gp-209	27	5	5,02	5,02	NUM
gp-209	27	6	5,89	5,89	ADJ
gp-209	27	7	source	source	NOUN
gp-209	27	8	:	:	PUNCT
gp-209	27	9	bps.go.id	bps.go.id	PROPN
gp-209	27	10	data	datum	NOUN
gp-209	27	11	that	that	PRON
gp-209	27	12	has	have	AUX
gp-209	27	13	been	be	AUX
gp-209	27	14	processed	process	VERB
gp-209	27	15	by	by	ADP
gp-209	27	16	the	the	DET
gp-209	27	17	author	author	NOUN
gp-209	27	18	,	,	PUNCT
gp-209	27	19	2024	2024	NUM
gp-209	27	20	the	the	DET
gp-209	27	21	decline	decline	NOUN
gp-209	27	22	in	in	ADP
gp-209	27	23	the	the	DET
gp-209	27	24	contribution	contribution	NOUN
gp-209	27	25	of	of	ADP
gp-209	27	26	gross	gross	ADJ
gp-209	27	27	domestic	domestic	ADJ
gp-209	27	28	product	product	NOUN
gp-209	27	29	began	begin	VERB
gp-209	27	30	in	in	ADP
gp-209	27	31	2020	2020	NUM
gp-209	27	32	which	which	PRON
gp-209	27	33	was	be	AUX
gp-209	27	34	around	around	ADV
gp-209	27	35	20	20	NUM
gp-209	27	36	%	%	NOUN
gp-209	27	37	followed	follow	VERB
gp-209	27	38	by	by	ADP
gp-209	27	39	the	the	DET
gp-209	27	40	achievement	achievement	NOUN
gp-209	27	41	of	of	ADP
gp-209	27	42	the	the	DET
gp-209	27	43	lowest	low	ADJ
gp-209	27	44	contribution	contribution	NOUN
gp-209	27	45	value	value	NOUN
gp-209	27	46	in	in	ADP
gp-209	27	47	2021	2021	NUM
gp-209	27	48	,	,	PUNCT
gp-209	27	49	namely	namely	ADV
gp-209	27	50	4.24	4.24	NUM
gp-209	27	51	caused	cause	VERB
gp-209	27	52	by	by	ADP
gp-209	27	53	the	the	DET
gp-209	27	54	government	government	NOUN
gp-209	27	55	's	's	PART
gp-209	27	56	decision	decision	NOUN
gp-209	27	57	in	in	ADP
gp-209	27	58	the	the	DET
gp-209	27	59	determination	determination	NOUN
gp-209	27	60	of	of	ADP
gp-209	27	61	large	large	ADJ
gp-209	27	62	-	-	PUNCT
gp-209	27	63	scale	scale	NOUN
gp-209	27	64	social	social	ADJ
gp-209	27	65	restrictions	restriction	NOUN
gp-209	27	66	(	(	PUNCT
gp-209	27	67	psbb	psbb	NOUN
gp-209	27	68	)	)	PUNCT
gp-209	27	69	.	.	PUNCT
gp-209	28	1	according	accord	VERB
gp-209	28	2	to	to	ADP
gp-209	28	3	fauzia	fauzia	PROPN
gp-209	28	4	&	&	CCONJ
gp-209	28	5	yunita	yunita	PROPN
gp-209	28	6	(	(	PUNCT
gp-209	28	7	2022	2022	NUM
gp-209	28	8	)	)	PUNCT
gp-209	28	9	,	,	PUNCT
gp-209	28	10	the	the	DET
gp-209	28	11	impact	impact	NOUN
gp-209	28	12	of	of	ADP
gp-209	28	13	this	this	DET
gp-209	28	14	policy	policy	NOUN
gp-209	28	15	has	have	AUX
gp-209	28	16	resulted	result	VERB
gp-209	28	17	in	in	ADP
gp-209	28	18	a	a	DET
gp-209	28	19	reduction	reduction	NOUN
gp-209	28	20	in	in	ADP
gp-209	28	21	passengers	passenger	NOUN
gp-209	28	22	of	of	ADP
gp-209	28	23	public	public	ADJ
gp-209	28	24	vehicles	vehicle	NOUN
gp-209	28	25	such	such	ADJ
gp-209	28	26	as	as	ADP
gp-209	28	27	airplanes	airplane	NOUN
gp-209	28	28	,	,	PUNCT
gp-209	28	29	trains	train	NOUN
gp-209	28	30	,	,	PUNCT
gp-209	28	31	taxis	taxis	VERB
gp-209	28	32	,	,	PUNCT
gp-209	28	33	buses	bus	NOUN
gp-209	28	34	,	,	PUNCT
gp-209	28	35	and	and	CCONJ
gp-209	28	36	ships	ship	NOUN
gp-209	28	37	.	.	PUNCT
gp-209	29	1	many	many	ADJ
gp-209	29	2	airports	airport	NOUN
gp-209	29	3	were	be	AUX
gp-209	29	4	closed	close	VERB
gp-209	29	5	and	and	CCONJ
gp-209	29	6	flights	flight	NOUN
gp-209	29	7	both	both	CCONJ
gp-209	29	8	domestic	domestic	ADJ
gp-209	29	9	and	and	CCONJ
gp-209	29	10	international	international	ADJ
gp-209	29	11	were	be	AUX
gp-209	29	12	canceled	cancel	VERB
gp-209	29	13	.	.	PUNCT
gp-209	30	1	one	one	NUM
gp-209	30	2	of	of	ADP
gp-209	30	3	them	they	PRON
gp-209	30	4	occurred	occur	VERB
gp-209	30	5	at	at	ADP
gp-209	30	6	pt	pt	PROPN
gp-209	30	7	garuda	garuda	PROPN
gp-209	30	8	indonesia	indonesia	PROPN
gp-209	30	9	tbk	tbk	PROPN
gp-209	30	10	which	which	PRON
gp-209	30	11	in	in	ADP
gp-209	30	12	the	the	DET
gp-209	30	13	1st	1st	ADJ
gp-209	30	14	semester	semester	NOUN
gp-209	30	15	of	of	ADP
gp-209	30	16	2020	2020	NUM
gp-209	30	17	suffered	suffer	VERB
gp-209	30	18	a	a	DET
gp-209	30	19	loss	loss	NOUN
gp-209	30	20	of	of	ADP
gp-209	30	21	us$	us$	SYM
gp-209	30	22	712.72	712.72	NUM
gp-209	30	23	million	million	NUM
gp-209	30	24	or	or	CCONJ
gp-209	30	25	joko	joko	PROPN
gp-209	30	26	kristanto	kristanto	PROPN
gp-209	30	27	,	,	PUNCT
gp-209	30	28	irni	irni	NOUN
gp-209	30	29	yunita	yunita	PROPN
gp-209	30	30	369	369	NUM
gp-209	30	31	equivalent	equivalent	ADJ
gp-209	30	32	to	to	ADP
gp-209	30	33	rp	rp	NOUN
gp-209	30	34	.	.	PROPN
gp-209	31	1	10.40	10.40	NUM
gp-209	31	2	trillion	trillion	NUM
gp-209	31	3	(	(	PUNCT
gp-209	31	4	assuming	assume	VERB
gp-209	31	5	an	an	DET
gp-209	31	6	exchange	exchange	NOUN
gp-209	31	7	rate	rate	NOUN
gp-209	31	8	of	of	ADP
gp-209	31	9	rp	rp	NOUN
gp-209	31	10	.	.	PROPN
gp-209	31	11	14,600	14,600	NUM
gp-209	31	12	/	/	SYM
gp-209	31	13	us$	us$	NOUN
gp-209	31	14	)	)	PUNCT
gp-209	31	15	and	and	CCONJ
gp-209	31	16	difficulties	difficulty	NOUN
gp-209	31	17	in	in	ADP
gp-209	31	18	paying	pay	VERB
gp-209	31	19	debts	debt	NOUN
gp-209	31	20	of	of	ADP
gp-209	31	21	up	up	ADP
gp-209	31	22	to	to	ADP
gp-209	31	23	rp	rp	NOUN
gp-209	31	24	.	.	PUNCT
gp-209	31	25	70	70	NUM
gp-209	31	26	trillion	trillion	NUM
gp-209	31	27	and	and	CCONJ
gp-209	31	28	is	be	AUX
gp-209	31	29	estimated	estimate	VERB
gp-209	31	30	to	to	PART
gp-209	31	31	continue	continue	VERB
gp-209	31	32	to	to	PART
gp-209	31	33	increase	increase	VERB
gp-209	31	34	by	by	ADP
gp-209	31	35	rp	rp	NOUN
gp-209	31	36	.	.	PROPN
gp-209	31	37	1	1	NUM
gp-209	31	38	trillion	trillion	NUM
gp-209	31	39	every	every	DET
gp-209	31	40	month	month	NOUN
gp-209	31	41	.	.	PUNCT
gp-209	32	1	pt	pt	PROPN
gp-209	32	2	blue	blue	PROPN
gp-209	32	3	bird	bird	PROPN
gp-209	32	4	tbk	tbk	PROPN
gp-209	32	5	also	also	ADV
gp-209	32	6	suffered	suffer	VERB
gp-209	32	7	losses	loss	NOUN
gp-209	32	8	caused	cause	VERB
gp-209	32	9	by	by	ADP
gp-209	32	10	a	a	DET
gp-209	32	11	decrease	decrease	NOUN
gp-209	32	12	in	in	ADP
gp-209	32	13	revenue	revenue	NOUN
gp-209	32	14	of	of	ADP
gp-209	32	15	39.86	39.86	NUM
gp-209	32	16	%	%	NOUN
gp-209	32	17	from	from	ADP
gp-209	32	18	rp	rp	NOUN
gp-209	32	19	.	.	PROPN
gp-209	33	1	1.91	1.91	NUM
gp-209	33	2	trillion	trillion	NUM
gp-209	33	3	in	in	ADP
gp-209	33	4	semester	semester	NOUN
gp-209	33	5	1	1	NUM
gp-209	33	6	2019	2019	NUM
gp-209	33	7	to	to	ADP
gp-209	33	8	rp	rp	NOUN
gp-209	33	9	.	.	PROPN
gp-209	34	1	1.15	1.15	NUM
gp-209	34	2	trillion	trillion	NUM
gp-209	34	3	in	in	ADP
gp-209	34	4	semester	semester	NOUN
gp-209	34	5	1	1	NUM
gp-209	34	6	2020	2020	NUM
gp-209	34	7	.	.	PUNCT
gp-209	35	1	in	in	ADP
gp-209	35	2	the	the	DET
gp-209	35	3	example	example	NOUN
gp-209	35	4	of	of	ADP
gp-209	35	5	the	the	DET
gp-209	35	6	case	case	NOUN
gp-209	35	7	above	above	ADV
gp-209	35	8	,	,	PUNCT
gp-209	35	9	it	it	PRON
gp-209	35	10	appears	appear	VERB
gp-209	35	11	that	that	SCONJ
gp-209	35	12	in	in	ADP
gp-209	35	13	running	run	VERB
gp-209	35	14	their	their	PRON
gp-209	35	15	business	business	NOUN
gp-209	35	16	,	,	PUNCT
gp-209	35	17	companies	company	NOUN
gp-209	35	18	in	in	ADP
gp-209	35	19	the	the	DET
gp-209	35	20	transportation	transportation	NOUN
gp-209	35	21	and	and	CCONJ
gp-209	35	22	logistics	logistic	NOUN
gp-209	35	23	sector	sector	NOUN
gp-209	35	24	must	must	AUX
gp-209	35	25	pay	pay	VERB
gp-209	35	26	attention	attention	NOUN
gp-209	35	27	to	to	ADP
gp-209	35	28	financial	financial	ADJ
gp-209	35	29	aspects	aspect	NOUN
gp-209	35	30	because	because	SCONJ
gp-209	35	31	they	they	PRON
gp-209	35	32	have	have	VERB
gp-209	35	33	a	a	DET
gp-209	35	34	very	very	ADV
gp-209	35	35	vital	vital	ADJ
gp-209	35	36	role	role	NOUN
gp-209	35	37	.	.	PUNCT
gp-209	36	1	according	accord	VERB
gp-209	36	2	to	to	ADP
gp-209	36	3	azzahra	azzahra	PROPN
gp-209	36	4	&	&	CCONJ
gp-209	36	5	yunita	yunita	PROPN
gp-209	36	6	(	(	PUNCT
gp-209	36	7	2022	2022	NUM
gp-209	36	8	)	)	PUNCT
gp-209	36	9	,	,	PUNCT
gp-209	36	10	investors	investor	NOUN
gp-209	36	11	'	'	PART
gp-209	36	12	choice	choice	NOUN
gp-209	36	13	to	to	PART
gp-209	36	14	invest	invest	VERB
gp-209	36	15	in	in	ADP
gp-209	36	16	a	a	DET
gp-209	36	17	company	company	NOUN
gp-209	36	18	may	may	AUX
gp-209	36	19	be	be	AUX
gp-209	36	20	influenced	influence	VERB
gp-209	36	21	by	by	ADP
gp-209	36	22	the	the	DET
gp-209	36	23	company	company	NOUN
gp-209	36	24	's	's	PART
gp-209	36	25	financial	financial	ADJ
gp-209	36	26	success	success	NOUN
gp-209	36	27	.	.	PUNCT
gp-209	37	1	one	one	NUM
gp-209	37	2	of	of	ADP
gp-209	37	3	the	the	DET
gp-209	37	4	factors	factor	NOUN
gp-209	37	5	that	that	PRON
gp-209	37	6	determine	determine	VERB
gp-209	37	7	a	a	DET
gp-209	37	8	company	company	NOUN
gp-209	37	9	's	's	PART
gp-209	37	10	financial	financial	ADJ
gp-209	37	11	success	success	NOUN
gp-209	37	12	is	be	AUX
gp-209	37	13	its	its	PRON
gp-209	37	14	capital	capital	NOUN
gp-209	37	15	structure	structure	NOUN
gp-209	37	16	.	.	PUNCT
gp-209	38	1	capital	capital	NOUN
gp-209	38	2	structure	structure	NOUN
gp-209	38	3	is	be	AUX
gp-209	38	4	a	a	DET
gp-209	38	5	reflection	reflection	NOUN
gp-209	38	6	of	of	ADP
gp-209	38	7	the	the	DET
gp-209	38	8	financial	financial	ADJ
gp-209	38	9	conditions	condition	NOUN
gp-209	38	10	faced	face	VERB
gp-209	38	11	by	by	ADP
gp-209	38	12	the	the	DET
gp-209	38	13	company	company	NOUN
gp-209	38	14	(	(	PUNCT
gp-209	38	15	putri	putri	PROPN
gp-209	38	16	&	&	CCONJ
gp-209	38	17	willim	willim	NOUN
gp-209	38	18	,	,	PUNCT
gp-209	38	19	2024	2024	NUM
gp-209	38	20	)	)	PUNCT
gp-209	38	21	capital	capital	NOUN
gp-209	38	22	structure	structure	NOUN
gp-209	38	23	is	be	AUX
gp-209	38	24	a	a	DET
gp-209	38	25	balance	balance	NOUN
gp-209	38	26	of	of	ADP
gp-209	38	27	the	the	DET
gp-209	38	28	financing	financing	NOUN
gp-209	38	29	sources	source	NOUN
gp-209	38	30	chosen	choose	VERB
gp-209	38	31	by	by	ADP
gp-209	38	32	the	the	DET
gp-209	38	33	company	company	NOUN
gp-209	38	34	.	.	PUNCT
gp-209	39	1	many	many	ADJ
gp-209	39	2	models	model	NOUN
gp-209	39	3	are	be	AUX
gp-209	39	4	used	use	VERB
gp-209	39	5	to	to	PART
gp-209	39	6	explain	explain	VERB
gp-209	39	7	the	the	DET
gp-209	39	8	company	company	NOUN
gp-209	39	9	's	's	PART
gp-209	39	10	funding	funding	NOUN
gp-209	39	11	behavior	behavior	NOUN
gp-209	39	12	.	.	PUNCT
gp-209	40	1	theories	theory	NOUN
gp-209	40	2	that	that	PRON
gp-209	40	3	explain	explain	VERB
gp-209	40	4	this	this	PRON
gp-209	40	5	include	include	VERB
gp-209	40	6	trade	trade	NOUN
gp-209	40	7	-	-	PUNCT
gp-209	40	8	off	off	ADP
gp-209	40	9	theory	theory	NOUN
gp-209	40	10	,	,	PUNCT
gp-209	40	11	pecking	pecking	NOUN
gp-209	40	12	order	order	NOUN
gp-209	40	13	theory	theory	NOUN
gp-209	40	14	and	and	CCONJ
gp-209	40	15	signaling	signal	VERB
gp-209	40	16	theory	theory	NOUN
gp-209	40	17	.	.	PUNCT
gp-209	41	1	optimal	optimal	ADJ
gp-209	41	2	capital	capital	NOUN
gp-209	41	3	structure	structure	NOUN
gp-209	41	4	results	result	NOUN
gp-209	41	5	in	in	ADP
gp-209	41	6	the	the	DET
gp-209	41	7	creation	creation	NOUN
gp-209	41	8	of	of	ADP
gp-209	41	9	capital	capital	NOUN
gp-209	41	10	cost	cost	NOUN
gp-209	41	11	efficiency	efficiency	NOUN
gp-209	41	12	.	.	PUNCT
gp-209	42	1	capital	capital	NOUN
gp-209	42	2	cost	cost	NOUN
gp-209	42	3	efficiency	efficiency	NOUN
gp-209	42	4	can	can	AUX
gp-209	42	5	be	be	AUX
gp-209	42	6	created	create	VERB
gp-209	42	7	when	when	SCONJ
gp-209	42	8	managers	manager	NOUN
gp-209	42	9	can	can	AUX
gp-209	42	10	determine	determine	VERB
gp-209	42	11	the	the	DET
gp-209	42	12	right	right	ADJ
gp-209	42	13	source	source	NOUN
gp-209	42	14	of	of	ADP
gp-209	42	15	funding	funding	NOUN
gp-209	42	16	(	(	PUNCT
gp-209	42	17	hirdinis	hirdinis	PROPN
gp-209	42	18	,	,	PUNCT
gp-209	42	19	2019	2019	NUM
gp-209	42	20	;	;	PUNCT
gp-209	42	21	kontuš	kontuš	PROPN
gp-209	42	22	et	et	PROPN
gp-209	42	23	al	al	PROPN
gp-209	42	24	.	.	PROPN
gp-209	42	25	,	,	PUNCT
gp-209	42	26	2023	2023	NUM
gp-209	42	27	;	;	PUNCT
gp-209	42	28	prekazi	prekazi	NOUN
gp-209	42	29	et	et	PROPN
gp-209	42	30	al	al	PROPN
gp-209	42	31	.	.	PROPN
gp-209	42	32	,	,	PUNCT
gp-209	42	33	2023	2023	NUM
gp-209	42	34	)	)	PUNCT
gp-209	42	35	.	.	PUNCT
gp-209	43	1	to	to	PART
gp-209	43	2	determine	determine	VERB
gp-209	43	3	the	the	DET
gp-209	43	4	right	right	ADJ
gp-209	43	5	source	source	NOUN
gp-209	43	6	of	of	ADP
gp-209	43	7	funding	funding	NOUN
gp-209	43	8	,	,	PUNCT
gp-209	43	9	it	it	PRON
gp-209	43	10	is	be	AUX
gp-209	43	11	necessary	necessary	ADJ
gp-209	43	12	to	to	PART
gp-209	43	13	determine	determine	VERB
gp-209	43	14	the	the	DET
gp-209	43	15	right	right	ADJ
gp-209	43	16	determinants	determinant	NOUN
gp-209	43	17	of	of	ADP
gp-209	43	18	capital	capital	NOUN
gp-209	43	19	structure	structure	NOUN
gp-209	43	20	.	.	PUNCT
gp-209	44	1	guizani	guizani	PROPN
gp-209	44	2	(	(	PUNCT
gp-209	44	3	2020	2020	NUM
gp-209	44	4	)	)	PUNCT
gp-209	44	5	,	,	PUNCT
gp-209	44	6	prakash	prakash	PROPN
gp-209	44	7	et	et	PROPN
gp-209	44	8	al	al	PROPN
gp-209	44	9	.	.	PROPN
gp-209	44	10	(	(	PUNCT
gp-209	44	11	2023	2023	NUM
gp-209	44	12	)	)	PUNCT
gp-209	44	13	and	and	CCONJ
gp-209	44	14	other	other	ADJ
gp-209	44	15	researchers	researcher	NOUN
gp-209	44	16	have	have	AUX
gp-209	44	17	examined	examine	VERB
gp-209	44	18	several	several	ADJ
gp-209	44	19	specific	specific	ADJ
gp-209	44	20	factors	factor	NOUN
gp-209	44	21	inherent	inherent	ADJ
gp-209	44	22	in	in	ADP
gp-209	44	23	a	a	DET
gp-209	44	24	company	company	NOUN
gp-209	44	25	that	that	PRON
gp-209	44	26	are	be	AUX
gp-209	44	27	suspected	suspect	VERB
gp-209	44	28	to	to	PART
gp-209	44	29	affect	affect	VERB
gp-209	44	30	the	the	DET
gp-209	44	31	capital	capital	NOUN
gp-209	44	32	structure	structure	NOUN
gp-209	44	33	such	such	ADJ
gp-209	44	34	as	as	ADP
gp-209	44	35	company	company	NOUN
gp-209	44	36	size	size	NOUN
gp-209	44	37	,	,	PUNCT
gp-209	44	38	profitability	profitability	NOUN
gp-209	44	39	,	,	PUNCT
gp-209	44	40	growth	growth	NOUN
gp-209	44	41	rate	rate	NOUN
gp-209	44	42	and	and	CCONJ
gp-209	44	43	fixed	fix	VERB
gp-209	44	44	assets	asset	NOUN
gp-209	44	45	but	but	CCONJ
gp-209	44	46	these	these	DET
gp-209	44	47	studies	study	NOUN
gp-209	44	48	still	still	ADV
gp-209	44	49	do	do	AUX
gp-209	44	50	not	not	PART
gp-209	44	51	consider	consider	VERB
gp-209	44	52	goodwill	goodwill	NOUN
gp-209	44	53	assets	asset	NOUN
gp-209	44	54	.	.	PUNCT
gp-209	45	1	companies	company	NOUN
gp-209	45	2	that	that	PRON
gp-209	45	3	are	be	AUX
gp-209	45	4	able	able	ADJ
gp-209	45	5	to	to	PART
gp-209	45	6	increase	increase	VERB
gp-209	45	7	the	the	DET
gp-209	45	8	goodwill	goodwill	NOUN
gp-209	45	9	value	value	NOUN
gp-209	45	10	of	of	ADP
gp-209	45	11	assets	asset	NOUN
gp-209	45	12	from	from	ADP
gp-209	45	13	one	one	NUM
gp-209	45	14	period	period	NOUN
gp-209	45	15	to	to	ADP
gp-209	45	16	another	another	PRON
gp-209	45	17	will	will	AUX
gp-209	45	18	be	be	AUX
gp-209	45	19	able	able	ADJ
gp-209	45	20	to	to	PART
gp-209	45	21	generate	generate	VERB
gp-209	45	22	a	a	DET
gp-209	45	23	greater	great	ADJ
gp-209	45	24	market	market	NOUN
gp-209	45	25	value	value	NOUN
gp-209	45	26	compared	compare	VERB
gp-209	45	27	to	to	ADP
gp-209	45	28	the	the	DET
gp-209	45	29	book	book	NOUN
gp-209	45	30	value	value	NOUN
gp-209	45	31	of	of	ADP
gp-209	45	32	the	the	DET
gp-209	45	33	assets	asset	NOUN
gp-209	45	34	they	they	PRON
gp-209	45	35	own	own	VERB
gp-209	45	36	(	(	PUNCT
gp-209	45	37	wayan	wayan	PROPN
gp-209	45	38	widnyana	widnyana	PROPN
gp-209	45	39	et	et	PROPN
gp-209	45	40	al	al	PROPN
gp-209	45	41	.	.	PROPN
gp-209	45	42	,	,	PUNCT
gp-209	45	43	2021	2021	NUM
gp-209	45	44	)	)	PUNCT
gp-209	45	45	.	.	PUNCT
gp-209	46	1	the	the	DET
gp-209	46	2	goodwill	goodwill	NOUN
gp-209	46	3	value	value	NOUN
gp-209	46	4	of	of	ADP
gp-209	46	5	an	an	DET
gp-209	46	6	asset	asset	NOUN
gp-209	46	7	needs	need	VERB
gp-209	46	8	to	to	PART
gp-209	46	9	be	be	AUX
gp-209	46	10	considered	consider	VERB
gp-209	46	11	because	because	SCONJ
gp-209	46	12	it	it	PRON
gp-209	46	13	represents	represent	VERB
gp-209	46	14	the	the	DET
gp-209	46	15	amount	amount	NOUN
gp-209	46	16	of	of	ADP
gp-209	46	17	money	money	NOUN
gp-209	46	18	that	that	PRON
gp-209	46	19	can	can	AUX
gp-209	46	20	be	be	AUX
gp-209	46	21	paid	pay	VERB
gp-209	46	22	behind	behind	ADP
gp-209	46	23	the	the	DET
gp-209	46	24	book	book	NOUN
gp-209	46	25	value	value	NOUN
gp-209	46	26	of	of	ADP
gp-209	46	27	an	an	DET
gp-209	46	28	asset	asset	NOUN
gp-209	46	29	(	(	PUNCT
gp-209	46	30	wayan	wayan	PROPN
gp-209	46	31	widnyana	widnyana	PROPN
gp-209	46	32	et	et	PROPN
gp-209	46	33	al	al	PROPN
gp-209	46	34	.	.	PROPN
gp-209	46	35	,	,	PUNCT
gp-209	46	36	2021	2021	NUM
gp-209	46	37	)	)	PUNCT
gp-209	46	38	.	.	PUNCT
gp-209	47	1	matemilola	matemilola	PROPN
gp-209	47	2	&	&	CCONJ
gp-209	47	3	ahmad	ahmad	PROPN
gp-209	47	4	(	(	PUNCT
gp-209	47	5	2015	2015	NUM
gp-209	47	6	)	)	PUNCT
gp-209	47	7	have	have	AUX
gp-209	47	8	researched	research	VERB
gp-209	47	9	goodwill	goodwill	NOUN
gp-209	47	10	assets	asset	NOUN
gp-209	47	11	as	as	ADP
gp-209	47	12	one	one	NUM
gp-209	47	13	of	of	ADP
gp-209	47	14	the	the	DET
gp-209	47	15	determinants	determinant	NOUN
gp-209	47	16	of	of	ADP
gp-209	47	17	capital	capital	NOUN
gp-209	47	18	structure	structure	NOUN
gp-209	47	19	.	.	PUNCT
gp-209	48	1	goodwill	goodwill	NOUN
gp-209	48	2	assets	asset	NOUN
gp-209	48	3	serve	serve	VERB
gp-209	48	4	as	as	ADP
gp-209	48	5	additional	additional	ADJ
gp-209	48	6	collateral	collateral	NOUN
gp-209	48	7	for	for	ADP
gp-209	48	8	companies	company	NOUN
gp-209	48	9	in	in	ADP
gp-209	48	10	south	south	PROPN
gp-209	48	11	africa	africa	PROPN
gp-209	48	12	to	to	PART
gp-209	48	13	obtain	obtain	VERB
gp-209	48	14	loans	loan	NOUN
gp-209	48	15	.	.	PUNCT
gp-209	49	1	it	it	PRON
gp-209	49	2	can	can	AUX
gp-209	49	3	be	be	AUX
gp-209	49	4	concluded	conclude	VERB
gp-209	49	5	that	that	SCONJ
gp-209	49	6	companies	company	NOUN
gp-209	49	7	that	that	PRON
gp-209	49	8	include	include	VERB
gp-209	49	9	the	the	DET
gp-209	49	10	value	value	NOUN
gp-209	49	11	of	of	ADP
gp-209	49	12	goodwill	goodwill	NOUN
gp-209	49	13	assets	asset	NOUN
gp-209	49	14	in	in	ADP
gp-209	49	15	their	their	PRON
gp-209	49	16	loan	loan	NOUN
gp-209	49	17	applications	application	NOUN
gp-209	49	18	will	will	AUX
gp-209	49	19	get	get	VERB
gp-209	49	20	the	the	DET
gp-209	49	21	potential	potential	NOUN
gp-209	49	22	for	for	ADP
gp-209	49	23	a	a	DET
gp-209	49	24	nominal	nominal	ADJ
gp-209	49	25	increase	increase	NOUN
gp-209	49	26	in	in	ADP
gp-209	49	27	the	the	DET
gp-209	49	28	loan	loan	NOUN
gp-209	49	29	value	value	NOUN
gp-209	49	30	and	and	CCONJ
gp-209	49	31	an	an	DET
gp-209	49	32	increase	increase	NOUN
gp-209	49	33	in	in	ADP
gp-209	49	34	the	the	DET
gp-209	49	35	company	company	NOUN
gp-209	49	36	's	's	PART
gp-209	49	37	value	value	NOUN
gp-209	49	38	the	the	DET
gp-209	49	39	next	next	ADJ
gp-209	49	40	factor	factor	NOUN
gp-209	49	41	that	that	PRON
gp-209	49	42	affects	affect	VERB
gp-209	49	43	the	the	DET
gp-209	49	44	capital	capital	NOUN
gp-209	49	45	structure	structure	NOUN
gp-209	49	46	is	be	AUX
gp-209	49	47	earning	earn	VERB
gp-209	49	48	volatility	volatility	NOUN
gp-209	49	49	.	.	PUNCT
gp-209	50	1	the	the	PRON
gp-209	50	2	lower	low	ADJ
gp-209	50	3	the	the	DET
gp-209	50	4	earning	earn	VERB
gp-209	50	5	volatility	volatility	NOUN
gp-209	50	6	,	,	PUNCT
gp-209	50	7	the	the	DET
gp-209	50	8	capital	capital	NOUN
gp-209	50	9	structure	structure	NOUN
gp-209	50	10	chosen	choose	VERB
gp-209	50	11	by	by	ADP
gp-209	50	12	the	the	DET
gp-209	50	13	company	company	NOUN
gp-209	50	14	will	will	AUX
gp-209	50	15	be	be	AUX
gp-209	50	16	sourced	source	VERB
gp-209	50	17	from	from	ADP
gp-209	50	18	internal	internal	ADJ
gp-209	50	19	funding	funding	NOUN
gp-209	50	20	in	in	ADP
gp-209	50	21	line	line	NOUN
gp-209	50	22	with	with	ADP
gp-209	50	23	research	research	NOUN
gp-209	50	24	conducted	conduct	VERB
gp-209	50	25	by	by	ADP
gp-209	50	26	alipour	alipour	PROPN
gp-209	50	27	et	et	PROPN
gp-209	50	28	al	al	PROPN
gp-209	50	29	.	.	PROPN
gp-209	51	1	(	(	PUNCT
gp-209	51	2	2015	2015	NUM
gp-209	51	3	)	)	PUNCT
gp-209	51	4	.	.	PUNCT
gp-209	52	1	the	the	DET
gp-209	52	2	level	level	NOUN
gp-209	52	3	of	of	ADP
gp-209	52	4	income	income	NOUN
gp-209	52	5	stability	stability	NOUN
gp-209	52	6	that	that	SCONJ
gp-209	52	7	a	a	DET
gp-209	52	8	company	company	NOUN
gp-209	52	9	obtains	obtain	VERB
gp-209	52	10	from	from	ADP
gp-209	52	11	one	one	NUM
gp-209	52	12	period	period	NOUN
gp-209	52	13	to	to	ADP
gp-209	52	14	the	the	DET
gp-209	52	15	next	next	ADJ
gp-209	52	16	period	period	NOUN
gp-209	52	17	is	be	AUX
gp-209	52	18	referred	refer	VERB
gp-209	52	19	to	to	ADP
gp-209	52	20	as	as	ADP
gp-209	52	21	the	the	DET
gp-209	52	22	earning	earn	VERB
gp-209	52	23	volatility	volatility	NOUN
gp-209	52	24	rate	rate	NOUN
gp-209	52	25	.	.	PUNCT
gp-209	53	1	companies	company	NOUN
gp-209	53	2	with	with	ADP
gp-209	53	3	high	high	ADJ
gp-209	53	4	levels	level	NOUN
gp-209	53	5	of	of	ADP
gp-209	53	6	earning	earn	VERB
gp-209	53	7	volatility	volatility	NOUN
gp-209	53	8	will	will	AUX
gp-209	53	9	make	make	VERB
gp-209	53	10	managers	manager	NOUN
gp-209	53	11	in	in	ADP
gp-209	53	12	the	the	DET
gp-209	53	13	company	company	NOUN
gp-209	53	14	experience	experience	NOUN
gp-209	53	15	difficulties	difficulty	NOUN
gp-209	53	16	in	in	ADP
gp-209	53	17	making	make	VERB
gp-209	53	18	decisions	decision	NOUN
gp-209	53	19	and	and	CCONJ
gp-209	53	20	difficulties	difficulty	NOUN
gp-209	53	21	in	in	ADP
gp-209	53	22	obtaining	obtain	VERB
gp-209	53	23	financing	financing	NOUN
gp-209	53	24	from	from	ADP
gp-209	53	25	external	external	ADJ
gp-209	53	26	parties	party	NOUN
gp-209	53	27	such	such	ADJ
gp-209	53	28	as	as	ADP
gp-209	53	29	debt	debt	NOUN
gp-209	53	30	because	because	SCONJ
gp-209	53	31	creditors	creditor	NOUN
gp-209	53	32	will	will	AUX
gp-209	53	33	be	be	AUX
gp-209	53	34	worried	worried	ADJ
gp-209	53	35	that	that	SCONJ
gp-209	53	36	their	their	PRON
gp-209	53	37	debts	debt	NOUN
gp-209	53	38	will	will	AUX
gp-209	53	39	not	not	PART
gp-209	53	40	be	be	AUX
gp-209	53	41	paid	pay	VERB
gp-209	53	42	off	off	ADP
gp-209	53	43	if	if	SCONJ
gp-209	53	44	future	future	ADJ
gp-209	53	45	income	income	NOUN
gp-209	53	46	occurs	occur	VERB
gp-209	53	47	a	a	DET
gp-209	53	48	downward	downward	ADJ
gp-209	53	49	trend	trend	NOUN
gp-209	53	50	even	even	ADV
gp-209	53	51	though	though	SCONJ
gp-209	53	52	perhaps	perhaps	ADV
gp-209	53	53	in	in	ADP
gp-209	53	54	the	the	DET
gp-209	53	55	current	current	ADJ
gp-209	53	56	period	period	NOUN
gp-209	53	57	,	,	PUNCT
gp-209	53	58	the	the	DET
gp-209	53	59	income	income	NOUN
gp-209	53	60	obtained	obtain	VERB
gp-209	53	61	is	be	AUX
gp-209	53	62	high	high	ADJ
gp-209	53	63	.	.	PUNCT
gp-209	54	1	the	the	DET
gp-209	54	2	transportation	transportation	NOUN
gp-209	54	3	and	and	CCONJ
gp-209	54	4	logistics	logistic	NOUN
gp-209	54	5	sector	sector	NOUN
gp-209	54	6	had	have	AUX
gp-209	54	7	become	become	VERB
gp-209	54	8	a	a	DET
gp-209	54	9	sector	sector	NOUN
gp-209	54	10	that	that	PRON
gp-209	54	11	had	have	VERB
gp-209	54	12	a	a	DET
gp-209	54	13	high	high	ADJ
gp-209	54	14	level	level	NOUN
gp-209	54	15	of	of	ADP
gp-209	54	16	earning	earn	VERB
gp-209	54	17	volatility	volatility	NOUN
gp-209	54	18	due	due	ADP
gp-209	54	19	to	to	ADP
gp-209	54	20	the	the	DET
gp-209	54	21	covid-19	covid-19	PROPN
gp-209	54	22	pandemic	pandemic	NOUN
gp-209	54	23	which	which	PRON
gp-209	54	24	was	be	AUX
gp-209	54	25	marked	mark	VERB
gp-209	54	26	by	by	ADP
gp-209	54	27	a	a	DET
gp-209	54	28	decrease	decrease	NOUN
gp-209	54	29	in	in	ADP
gp-209	54	30	turnover	turnover	NOUN
gp-209	54	31	ranging	range	VERB
gp-209	54	32	from	from	ADP
gp-209	54	33	30	30	NUM
gp-209	54	34	%	%	NOUN
gp-209	54	35	to	to	ADP
gp-209	54	36	almost	almost	ADV
gp-209	54	37	50	50	NUM
gp-209	54	38	%	%	NOUN
gp-209	54	39	.	.	PUNCT
gp-209	55	1	the	the	DET
gp-209	55	2	following	follow	VERB
gp-209	55	3	is	be	AUX
gp-209	55	4	presented	present	VERB
gp-209	55	5	in	in	ADP
gp-209	55	6	figure	figure	NOUN
gp-209	55	7	1.1	1.1	NUM
gp-209	55	8	of	of	ADP
gp-209	55	9	the	the	DET
gp-209	55	10	data	datum	NOUN
gp-209	55	11	on	on	ADP
gp-209	55	12	the	the	DET
gp-209	55	13	number	number	NOUN
gp-209	55	14	of	of	ADP
gp-209	55	15	passenger	passenger	NOUN
gp-209	55	16	departures	departure	NOUN
gp-209	55	17	at	at	ADP
gp-209	55	18	the	the	DET
gp-209	55	19	main	main	ADJ
gp-209	55	20	port	port	NOUN
gp-209	55	21	.	.	PUNCT
gp-209	56	1	american	american	PROPN
gp-209	56	2	journal	journal	PROPN
gp-209	56	3	of	of	ADP
gp-209	56	4	economic	economic	ADJ
gp-209	56	5	and	and	CCONJ
gp-209	56	6	management	management	NOUN
gp-209	56	7	business	business	NOUN
gp-209	56	8	vol	vol	NOUN
gp-209	56	9	.	.	PROPN
gp-209	57	1	4	4	NUM
gp-209	57	2	no	no	NOUN
gp-209	57	3	.	.	NOUN
gp-209	58	1	5	5	NUM
gp-209	58	2	may	may	AUX
gp-209	58	3	2025	2025	NUM
gp-209	58	4	370	370	NUM
gp-209	58	5	figure	figure	NOUN
gp-209	58	6	1	1	NUM
gp-209	58	7	.	.	PUNCT
gp-209	58	8	departure	departure	NOUN
gp-209	58	9	of	of	ADP
gp-209	58	10	domestic	domestic	ADJ
gp-209	58	11	cruise	cruise	NOUN
gp-209	58	12	passengers	passenger	NOUN
gp-209	58	13	at	at	ADP
gp-209	58	14	main	main	ADJ
gp-209	58	15	ports	port	NOUN
gp-209	58	16	source	source	NOUN
gp-209	58	17	:	:	PUNCT
gp-209	58	18	bps.go.id	bps.go.id	PROPN
gp-209	58	19	data	datum	NOUN
gp-209	58	20	that	that	PRON
gp-209	58	21	has	have	AUX
gp-209	58	22	been	be	AUX
gp-209	58	23	processed	process	VERB
gp-209	58	24	by	by	ADP
gp-209	58	25	the	the	DET
gp-209	58	26	author	author	NOUN
gp-209	58	27	(	(	PUNCT
gp-209	58	28	2024	2024	NUM
gp-209	58	29	)	)	PUNCT
gp-209	58	30	figure	figure	NOUN
gp-209	58	31	1	1	NUM
gp-209	58	32	.	.	PUNCT
gp-209	58	33	shows	show	VERB
gp-209	58	34	that	that	SCONJ
gp-209	58	35	during	during	ADP
gp-209	58	36	the	the	DET
gp-209	58	37	pandemic	pandemic	ADJ
gp-209	58	38	period	period	NOUN
gp-209	58	39	in	in	ADP
gp-209	58	40	2020	2020	NUM
gp-209	58	41	,	,	PUNCT
gp-209	58	42	the	the	DET
gp-209	58	43	number	number	NOUN
gp-209	58	44	of	of	ADP
gp-209	58	45	passengers	passenger	NOUN
gp-209	58	46	decreased	decrease	VERB
gp-209	58	47	by	by	ADP
gp-209	58	48	67	67	NUM
gp-209	58	49	%	%	NOUN
gp-209	58	50	compared	compare	VERB
gp-209	58	51	to	to	ADP
gp-209	58	52	2019	2019	NUM
gp-209	58	53	.	.	PUNCT
gp-209	59	1	the	the	DET
gp-209	59	2	increase	increase	NOUN
gp-209	59	3	in	in	ADP
gp-209	59	4	the	the	DET
gp-209	59	5	number	number	NOUN
gp-209	59	6	of	of	ADP
gp-209	59	7	passengers	passenger	NOUN
gp-209	59	8	occurred	occur	VERB
gp-209	59	9	in	in	ADP
gp-209	59	10	2022	2022	NUM
gp-209	59	11	by	by	ADP
gp-209	59	12	59	59	NUM
gp-209	59	13	%	%	NOUN
gp-209	59	14	.	.	PUNCT
gp-209	60	1	the	the	DET
gp-209	60	2	rise	rise	NOUN
gp-209	60	3	and	and	CCONJ
gp-209	60	4	fall	fall	VERB
gp-209	60	5	in	in	ADP
gp-209	60	6	the	the	DET
gp-209	60	7	number	number	NOUN
gp-209	60	8	of	of	ADP
gp-209	60	9	passengers	passenger	NOUN
gp-209	60	10	indicates	indicate	VERB
gp-209	60	11	the	the	DET
gp-209	60	12	ups	up	NOUN
gp-209	60	13	and	and	CCONJ
gp-209	60	14	downs	down	NOUN
gp-209	60	15	of	of	ADP
gp-209	60	16	the	the	DET
gp-209	60	17	company	company	NOUN
gp-209	60	18	's	's	PART
gp-209	60	19	revenue	revenue	NOUN
gp-209	60	20	,	,	PUNCT
gp-209	60	21	so	so	SCONJ
gp-209	60	22	it	it	PRON
gp-209	60	23	can	can	AUX
gp-209	60	24	be	be	AUX
gp-209	60	25	said	say	VERB
gp-209	60	26	how	how	SCONJ
gp-209	60	27	volatile	volatile	ADJ
gp-209	60	28	the	the	DET
gp-209	60	29	transportation	transportation	NOUN
gp-209	60	30	and	and	CCONJ
gp-209	60	31	logistics	logistic	NOUN
gp-209	60	32	sector	sector	NOUN
gp-209	60	33	is	be	AUX
gp-209	60	34	in	in	ADP
gp-209	60	35	the	the	DET
gp-209	60	36	period	period	NOUN
gp-209	60	37	before	before	ADV
gp-209	60	38	and	and	CCONJ
gp-209	60	39	after	after	ADP
gp-209	60	40	the	the	DET
gp-209	60	41	pandemic	pandemic	NOUN
gp-209	60	42	.	.	PUNCT
gp-209	61	1	the	the	DET
gp-209	61	2	next	next	ADJ
gp-209	61	3	factor	factor	NOUN
gp-209	61	4	that	that	PRON
gp-209	61	5	affects	affect	VERB
gp-209	61	6	the	the	DET
gp-209	61	7	capital	capital	NOUN
gp-209	61	8	structure	structure	NOUN
gp-209	61	9	is	be	AUX
gp-209	61	10	financial	financial	ADJ
gp-209	61	11	flexibility	flexibility	NOUN
gp-209	61	12	.	.	PUNCT
gp-209	62	1	the	the	PRON
gp-209	62	2	higher	high	ADJ
gp-209	62	3	the	the	DET
gp-209	62	4	financial	financial	ADJ
gp-209	62	5	flexibility	flexibility	NOUN
gp-209	62	6	,	,	PUNCT
gp-209	62	7	the	the	PRON
gp-209	62	8	lower	low	ADJ
gp-209	62	9	the	the	DET
gp-209	62	10	proportion	proportion	NOUN
gp-209	62	11	of	of	ADP
gp-209	62	12	debt	debt	NOUN
gp-209	62	13	in	in	ADP
gp-209	62	14	the	the	DET
gp-209	62	15	capital	capital	NOUN
gp-209	62	16	structure	structure	NOUN
gp-209	62	17	.	.	PUNCT
gp-209	63	1	financial	financial	ADJ
gp-209	63	2	flexibility	flexibility	NOUN
gp-209	63	3	is	be	AUX
gp-209	63	4	a	a	DET
gp-209	63	5	level	level	NOUN
gp-209	63	6	of	of	ADP
gp-209	63	7	ease	ease	NOUN
gp-209	63	8	for	for	SCONJ
gp-209	63	9	a	a	DET
gp-209	63	10	company	company	NOUN
gp-209	63	11	to	to	PART
gp-209	63	12	obtain	obtain	VERB
gp-209	63	13	financing	financing	NOUN
gp-209	63	14	in	in	ADP
gp-209	63	15	difficult	difficult	ADJ
gp-209	63	16	or	or	CCONJ
gp-209	63	17	critical	critical	ADJ
gp-209	63	18	times	time	NOUN
gp-209	63	19	.	.	PUNCT
gp-209	64	1	according	accord	VERB
gp-209	64	2	to	to	ADP
gp-209	64	3	bancel	bancel	PROPN
gp-209	64	4	&	&	CCONJ
gp-209	64	5	mittoo	mittoo	PROPN
gp-209	64	6	(	(	PUNCT
gp-209	64	7	2011	2011	NUM
gp-209	64	8	)	)	PUNCT
gp-209	64	9	,	,	PUNCT
gp-209	64	10	financial	financial	ADJ
gp-209	64	11	flexibility	flexibility	NOUN
gp-209	64	12	is	be	AUX
gp-209	64	13	the	the	DET
gp-209	64	14	ability	ability	NOUN
gp-209	64	15	of	of	ADP
gp-209	64	16	a	a	DET
gp-209	64	17	company	company	NOUN
gp-209	64	18	to	to	PART
gp-209	64	19	be	be	AUX
gp-209	64	20	able	able	ADJ
gp-209	64	21	to	to	PART
gp-209	64	22	respond	respond	VERB
gp-209	64	23	effectively	effectively	ADV
gp-209	64	24	and	and	CCONJ
gp-209	64	25	adapt	adapt	VERB
gp-209	64	26	to	to	ADP
gp-209	64	27	unexpected	unexpected	ADJ
gp-209	64	28	events	event	NOUN
gp-209	64	29	that	that	PRON
gp-209	64	30	occur	occur	VERB
gp-209	64	31	in	in	ADP
gp-209	64	32	the	the	DET
gp-209	64	33	future	future	NOUN
gp-209	64	34	regarding	regard	VERB
gp-209	64	35	cash	cash	NOUN
gp-209	64	36	flow	flow	NOUN
gp-209	64	37	and	and	CCONJ
gp-209	64	38	investment	investment	NOUN
gp-209	64	39	opportunities	opportunity	NOUN
gp-209	64	40	so	so	SCONJ
gp-209	64	41	that	that	SCONJ
gp-209	64	42	financial	financial	ADJ
gp-209	64	43	flexibility	flexibility	NOUN
gp-209	64	44	is	be	AUX
gp-209	64	45	one	one	NUM
gp-209	64	46	part	part	NOUN
gp-209	64	47	of	of	ADP
gp-209	64	48	the	the	DET
gp-209	64	49	company	company	NOUN
gp-209	64	50	's	's	PART
gp-209	64	51	business	business	NOUN
gp-209	64	52	strategy	strategy	NOUN
gp-209	64	53	and	and	CCONJ
gp-209	64	54	is	be	AUX
gp-209	64	55	an	an	DET
gp-209	64	56	important	important	ADJ
gp-209	64	57	element	element	NOUN
gp-209	64	58	in	in	ADP
gp-209	64	59	decision	decision	NOUN
gp-209	64	60	-	-	PUNCT
gp-209	64	61	making	making	NOUN
gp-209	64	62	related	relate	VERB
gp-209	64	63	to	to	ADP
gp-209	64	64	capital	capital	NOUN
gp-209	64	65	structure	structure	NOUN
gp-209	64	66	.	.	PUNCT
gp-209	65	1	the	the	DET
gp-209	65	2	following	follow	VERB
gp-209	65	3	is	be	AUX
gp-209	65	4	presented	present	VERB
gp-209	65	5	in	in	ADP
gp-209	65	6	figure	figure	NOUN
gp-209	65	7	1.2	1.2	NUM
gp-209	65	8	of	of	ADP
gp-209	65	9	the	the	DET
gp-209	65	10	data	datum	NOUN
gp-209	65	11	on	on	ADP
gp-209	65	12	the	the	DET
gp-209	65	13	number	number	NOUN
gp-209	65	14	of	of	ADP
gp-209	65	15	passengers	passenger	NOUN
gp-209	65	16	at	at	ADP
gp-209	65	17	the	the	DET
gp-209	65	18	main	main	ADJ
gp-209	65	19	airport	airport	NOUN
gp-209	65	20	during	during	ADP
gp-209	65	21	the	the	DET
gp-209	65	22	pandemic	pandemic	ADJ
gp-209	65	23	period	period	NOUN
gp-209	65	24	in	in	ADP
gp-209	65	25	2020	2020	NUM
gp-209	65	26	,	,	PUNCT
gp-209	65	27	the	the	DET
gp-209	65	28	number	number	NOUN
gp-209	65	29	of	of	ADP
gp-209	65	30	passenger	passenger	NOUN
gp-209	65	31	departures	departure	NOUN
gp-209	65	32	at	at	ADP
gp-209	65	33	the	the	DET
gp-209	65	34	main	main	ADJ
gp-209	65	35	airport	airport	NOUN
gp-209	65	36	for	for	ADP
gp-209	65	37	the	the	DET
gp-209	65	38	20182023	20182023	NUM
gp-209	65	39	period	period	NOUN
gp-209	65	40	.	.	PUNCT
gp-209	66	1	joko	joko	PROPN
gp-209	66	2	kristanto	kristanto	PROPN
gp-209	66	3	,	,	PUNCT
gp-209	66	4	irni	irni	PROPN
gp-209	66	5	yunita	yunita	PROPN
gp-209	66	6	371	371	NUM
gp-209	66	7	figure	figure	NOUN
gp-209	66	8	2	2	NUM
gp-209	66	9	.	.	NOUN
gp-209	66	10	number	number	NOUN
gp-209	66	11	of	of	ADP
gp-209	66	12	aircraft	aircraft	NOUN
gp-209	66	13	passenger	passenger	NOUN
gp-209	66	14	departures	departure	NOUN
gp-209	66	15	at	at	ADP
gp-209	66	16	major	major	ADJ
gp-209	66	17	airports	airport	NOUN
gp-209	66	18	source	source	NOUN
gp-209	66	19	:	:	PUNCT
gp-209	66	20	bps.go.id	bps.go.id	PROPN
gp-209	66	21	data	datum	NOUN
gp-209	66	22	that	that	PRON
gp-209	66	23	has	have	AUX
gp-209	66	24	been	be	AUX
gp-209	66	25	processed	process	VERB
gp-209	66	26	by	by	ADP
gp-209	66	27	the	the	DET
gp-209	66	28	author	author	NOUN
gp-209	66	29	(	(	PUNCT
gp-209	66	30	2024	2024	NUM
gp-209	66	31	)	)	PUNCT
gp-209	66	32	the	the	DET
gp-209	66	33	image	image	NOUN
gp-209	66	34	shows	show	VERB
gp-209	66	35	that	that	SCONJ
gp-209	66	36	there	there	PRON
gp-209	66	37	was	be	VERB
gp-209	66	38	a	a	DET
gp-209	66	39	decrease	decrease	NOUN
gp-209	66	40	in	in	ADP
gp-209	66	41	the	the	DET
gp-209	66	42	number	number	NOUN
gp-209	66	43	of	of	ADP
gp-209	66	44	passengers	passenger	NOUN
gp-209	66	45	at	at	ADP
gp-209	66	46	the	the	DET
gp-209	66	47	main	main	ADJ
gp-209	66	48	airport	airport	NOUN
gp-209	66	49	at	at	ADP
gp-209	66	50	55	55	NUM
gp-209	66	51	%	%	NOUN
gp-209	66	52	in	in	ADP
gp-209	66	53	2020	2020	NUM
gp-209	66	54	so	so	SCONJ
gp-209	66	55	it	it	PRON
gp-209	66	56	can	can	AUX
gp-209	66	57	be	be	AUX
gp-209	66	58	said	say	VERB
gp-209	66	59	that	that	SCONJ
gp-209	66	60	the	the	DET
gp-209	66	61	airline	airline	NOUN
gp-209	66	62	company	company	NOUN
gp-209	66	63	is	be	AUX
gp-209	66	64	at	at	ADP
gp-209	66	65	a	a	DET
gp-209	66	66	critical	critical	ADJ
gp-209	66	67	period	period	NOUN
gp-209	66	68	and	and	CCONJ
gp-209	66	69	in	in	ADP
gp-209	66	70	2022	2022	NUM
gp-209	66	71	there	there	PRON
gp-209	66	72	was	be	VERB
gp-209	66	73	an	an	DET
gp-209	66	74	increase	increase	NOUN
gp-209	66	75	in	in	ADP
gp-209	66	76	the	the	DET
gp-209	66	77	number	number	NOUN
gp-209	66	78	of	of	ADP
gp-209	66	79	passengers	passenger	NOUN
gp-209	66	80	at	at	ADP
gp-209	66	81	47	47	NUM
gp-209	66	82	%	%	NOUN
gp-209	66	83	which	which	PRON
gp-209	66	84	shows	show	VERB
gp-209	66	85	how	how	SCONJ
gp-209	66	86	the	the	DET
gp-209	66	87	company	company	NOUN
gp-209	66	88	can	can	AUX
gp-209	66	89	manage	manage	VERB
gp-209	66	90	the	the	DET
gp-209	66	91	financial	financial	ADJ
gp-209	66	92	flexibility	flexibility	NOUN
gp-209	66	93	strategy	strategy	NOUN
gp-209	66	94	in	in	ADP
gp-209	66	95	the	the	DET
gp-209	66	96	previous	previous	ADJ
gp-209	66	97	year	year	NOUN
gp-209	66	98	so	so	SCONJ
gp-209	66	99	that	that	SCONJ
gp-209	66	100	in	in	ADP
gp-209	66	101	2022	2022	NUM
gp-209	66	102	the	the	DET
gp-209	66	103	airline	airline	NOUN
gp-209	66	104	can	can	AUX
gp-209	66	105	serve	serve	VERB
gp-209	66	106	the	the	DET
gp-209	66	107	surge	surge	NOUN
gp-209	66	108	in	in	ADP
gp-209	66	109	passenger	passenger	NOUN
gp-209	66	110	increases	increase	NOUN
gp-209	66	111	.	.	PUNCT
gp-209	67	1	according	accord	VERB
gp-209	67	2	to	to	ADP
gp-209	67	3	bancel	bancel	PROPN
gp-209	67	4	&	&	CCONJ
gp-209	67	5	mittoo	mittoo	PROPN
gp-209	67	6	(	(	PUNCT
gp-209	67	7	2011	2011	NUM
gp-209	67	8	)	)	PUNCT
gp-209	67	9	,	,	PUNCT
gp-209	67	10	very	very	ADV
gp-209	67	11	few	few	ADJ
gp-209	67	12	studies	study	NOUN
gp-209	67	13	have	have	AUX
gp-209	67	14	examined	examine	VERB
gp-209	67	15	financial	financial	ADJ
gp-209	67	16	flexibility	flexibility	NOUN
gp-209	67	17	given	give	VERB
gp-209	67	18	its	its	PRON
gp-209	67	19	unobservable	unobservable	ADJ
gp-209	67	20	characteristics	characteristic	NOUN
gp-209	67	21	and	and	CCONJ
gp-209	67	22	the	the	DET
gp-209	67	23	difficulty	difficulty	NOUN
gp-209	67	24	of	of	ADP
gp-209	67	25	measuring	measure	VERB
gp-209	67	26	.	.	PUNCT
gp-209	68	1	thakur	thakur	PROPN
gp-209	68	2	et	et	PROPN
gp-209	68	3	al	al	PROPN
gp-209	68	4	.	.	PROPN
gp-209	69	1	(	(	PUNCT
gp-209	69	2	2024	2024	NUM
gp-209	69	3	)	)	PUNCT
gp-209	69	4	presents	present	VERB
gp-209	69	5	that	that	SCONJ
gp-209	69	6	financial	financial	ADJ
gp-209	69	7	market	market	NOUN
gp-209	69	8	development	development	NOUN
gp-209	69	9	in	in	ADP
gp-209	69	10	developing	develop	VERB
gp-209	69	11	countries	country	NOUN
gp-209	69	12	is	be	AUX
gp-209	69	13	less	less	ADV
gp-209	69	14	efficient	efficient	ADJ
gp-209	69	15	.	.	PUNCT
gp-209	70	1	if	if	SCONJ
gp-209	70	2	the	the	DET
gp-209	70	3	financial	financial	ADJ
gp-209	70	4	market	market	NOUN
gp-209	70	5	is	be	AUX
gp-209	70	6	less	less	ADV
gp-209	70	7	efficient	efficient	ADJ
gp-209	70	8	,	,	PUNCT
gp-209	70	9	there	there	PRON
gp-209	70	10	is	be	VERB
gp-209	70	11	an	an	DET
gp-209	70	12	imbalance	imbalance	NOUN
gp-209	70	13	of	of	ADP
gp-209	70	14	information	information	NOUN
gp-209	70	15	owned	own	VERB
gp-209	70	16	by	by	ADP
gp-209	70	17	the	the	DET
gp-209	70	18	creditor	creditor	NOUN
gp-209	70	19	and	and	CCONJ
gp-209	70	20	the	the	DET
gp-209	70	21	borrower	borrower	NOUN
gp-209	70	22	which	which	PRON
gp-209	70	23	is	be	AUX
gp-209	70	24	referred	refer	VERB
gp-209	70	25	to	to	ADP
gp-209	70	26	as	as	ADP
gp-209	70	27	asymmetric	asymmetric	ADJ
gp-209	70	28	information	information	NOUN
gp-209	70	29	.	.	PUNCT
gp-209	71	1	to	to	PART
gp-209	71	2	reduce	reduce	VERB
gp-209	71	3	asymmetric	asymmetric	ADJ
gp-209	71	4	information	information	NOUN
gp-209	71	5	,	,	PUNCT
gp-209	71	6	two	two	NUM
gp-209	71	7	determinants	determinant	NOUN
gp-209	71	8	are	be	AUX
gp-209	71	9	needed	need	VERB
gp-209	71	10	,	,	PUNCT
gp-209	71	11	namely	namely	ADV
gp-209	71	12	the	the	DET
gp-209	71	13	strength	strength	NOUN
gp-209	71	14	of	of	ADP
gp-209	71	15	creditors	creditor	NOUN
gp-209	71	16	and	and	CCONJ
gp-209	71	17	the	the	DET
gp-209	71	18	information	information	NOUN
gp-209	71	19	available	available	ADJ
gp-209	71	20	to	to	ADP
gp-209	71	21	lenders	lender	NOUN
gp-209	71	22	.	.	PUNCT
gp-209	72	1	the	the	DET
gp-209	72	2	information	information	NOUN
gp-209	72	3	available	available	ADJ
gp-209	72	4	to	to	ADP
gp-209	72	5	the	the	DET
gp-209	72	6	lender	lender	NOUN
gp-209	72	7	includes	include	VERB
gp-209	72	8	the	the	DET
gp-209	72	9	borrower	borrower	NOUN
gp-209	72	10	's	's	PART
gp-209	72	11	credit	credit	NOUN
gp-209	72	12	payment	payment	NOUN
gp-209	72	13	track	track	NOUN
gp-209	72	14	record	record	NOUN
gp-209	72	15	or	or	CCONJ
gp-209	72	16	information	information	NOUN
gp-209	72	17	on	on	ADP
gp-209	72	18	the	the	DET
gp-209	72	19	financial	financial	ADJ
gp-209	72	20	institution	institution	NOUN
gp-209	72	21	that	that	PRON
gp-209	72	22	has	have	AUX
gp-209	72	23	provided	provide	VERB
gp-209	72	24	the	the	DET
gp-209	72	25	loan	loan	NOUN
gp-209	72	26	to	to	ADP
gp-209	72	27	the	the	DET
gp-209	72	28	borrower	borrower	NOUN
gp-209	72	29	.	.	PUNCT
gp-209	73	1	financial	financial	ADJ
gp-209	73	2	market	market	NOUN
gp-209	73	3	development	development	NOUN
gp-209	73	4	can	can	AUX
gp-209	73	5	measure	measure	VERB
gp-209	73	6	several	several	ADJ
gp-209	73	7	things	thing	NOUN
gp-209	73	8	,	,	PUNCT
gp-209	73	9	including	include	VERB
gp-209	73	10	measuring	measure	VERB
gp-209	73	11	the	the	DET
gp-209	73	12	level	level	NOUN
gp-209	73	13	of	of	ADP
gp-209	73	14	interaction	interaction	NOUN
gp-209	73	15	between	between	ADP
gp-209	73	16	savers	saver	NOUN
gp-209	73	17	and	and	CCONJ
gp-209	73	18	borrowers	borrower	NOUN
gp-209	73	19	,	,	PUNCT
gp-209	73	20	measuring	measure	VERB
gp-209	73	21	the	the	DET
gp-209	73	22	level	level	NOUN
gp-209	73	23	of	of	ADP
gp-209	73	24	trust	trust	NOUN
gp-209	73	25	established	establish	VERB
gp-209	73	26	between	between	ADP
gp-209	73	27	the	the	DET
gp-209	73	28	two	two	NUM
gp-209	73	29	parties	party	NOUN
gp-209	73	30	,	,	PUNCT
gp-209	73	31	measuring	measure	VERB
gp-209	73	32	how	how	SCONJ
gp-209	73	33	important	important	ADJ
gp-209	73	34	functions	function	NOUN
gp-209	73	35	in	in	ADP
gp-209	73	36	the	the	DET
gp-209	73	37	financial	financial	ADJ
gp-209	73	38	market	market	NOUN
gp-209	73	39	are	be	AUX
gp-209	73	40	running	run	VERB
gp-209	73	41	,	,	PUNCT
gp-209	73	42	namely	namely	ADV
gp-209	73	43	the	the	DET
gp-209	73	44	transfer	transfer	NOUN
gp-209	73	45	of	of	ADP
gp-209	73	46	funds	fund	NOUN
gp-209	73	47	flows	flow	VERB
gp-209	73	48	from	from	ADP
gp-209	73	49	the	the	DET
gp-209	73	50	surplus	surplus	NOUN
gp-209	73	51	to	to	ADP
gp-209	73	52	the	the	DET
gp-209	73	53	deficit	deficit	NOUN
gp-209	73	54	party	party	NOUN
gp-209	73	55	,	,	PUNCT
gp-209	73	56	measuring	measure	VERB
gp-209	73	57	how	how	SCONJ
gp-209	73	58	risk	risk	NOUN
gp-209	73	59	sharing	sharing	NOUN
gp-209	73	60	in	in	ADP
gp-209	73	61	investment	investment	NOUN
gp-209	73	62	activities	activity	NOUN
gp-209	73	63	and	and	CCONJ
gp-209	73	64	as	as	ADP
gp-209	73	65	a	a	DET
gp-209	73	66	means	means	NOUN
gp-209	73	67	of	of	ADP
gp-209	73	68	monitoring	monitoring	NOUN
gp-209	73	69	and	and	CCONJ
gp-209	73	70	directing	direct	VERB
gp-209	73	71	market	market	NOUN
gp-209	73	72	participants	participant	NOUN
gp-209	73	73	in	in	ADP
gp-209	73	74	the	the	DET
gp-209	73	75	context	context	NOUN
gp-209	73	76	of	of	ADP
gp-209	73	77	asymmetric	asymmetric	ADJ
gp-209	73	78	information	information	NOUN
gp-209	73	79	.	.	PUNCT
gp-209	74	1	with	with	ADP
gp-209	74	2	a	a	DET
gp-209	74	3	reduction	reduction	NOUN
gp-209	74	4	in	in	ADP
gp-209	74	5	asymmetric	asymmetric	ADJ
gp-209	74	6	information	information	NOUN
gp-209	74	7	,	,	PUNCT
gp-209	74	8	the	the	DET
gp-209	74	9	lender	lender	NOUN
gp-209	74	10	will	will	AUX
gp-209	74	11	be	be	AUX
gp-209	74	12	willing	willing	ADJ
gp-209	74	13	to	to	PART
gp-209	74	14	provide	provide	VERB
gp-209	74	15	a	a	DET
gp-209	74	16	larger	large	ADJ
gp-209	74	17	amount	amount	NOUN
gp-209	74	18	of	of	ADP
gp-209	74	19	funds	fund	NOUN
gp-209	74	20	.	.	PUNCT
gp-209	75	1	one	one	NUM
gp-209	75	2	of	of	ADP
gp-209	75	3	the	the	DET
gp-209	75	4	indicators	indicator	NOUN
gp-209	75	5	of	of	ADP
gp-209	75	6	a	a	DET
gp-209	75	7	decrease	decrease	NOUN
gp-209	75	8	in	in	ADP
gp-209	75	9	asymmetric	asymmetric	ADJ
gp-209	75	10	information	information	NOUN
gp-209	75	11	is	be	AUX
gp-209	75	12	financial	financial	ADJ
gp-209	75	13	market	market	NOUN
gp-209	75	14	development	development	NOUN
gp-209	75	15	.	.	PUNCT
gp-209	76	1	çam	çam	NOUN
gp-209	76	2	&	&	CCONJ
gp-209	76	3	özer	özer	NOUN
gp-209	76	4	(	(	PUNCT
gp-209	76	5	2022	2022	NUM
gp-209	76	6	)	)	PUNCT
gp-209	76	7	and	and	CCONJ
gp-209	76	8	acedo	acedo	PROPN
gp-209	76	9	-	-	PUNCT
gp-209	76	10	ramírez	ramírez	NOUN
gp-209	76	11	&	&	CCONJ
gp-209	76	12	ruizcabestre	ruizcabestre	PROPN
gp-209	76	13	(	(	PUNCT
gp-209	76	14	2014	2014	NUM
gp-209	76	15	)	)	PUNCT
gp-209	76	16	identified	identify	VERB
gp-209	76	17	financial	financial	ADJ
gp-209	76	18	market	market	NOUN
gp-209	76	19	development	development	NOUN
gp-209	76	20	as	as	ADP
gp-209	76	21	an	an	DET
gp-209	76	22	additional	additional	ADJ
gp-209	76	23	determinant	determinant	NOUN
gp-209	76	24	that	that	PRON
gp-209	76	25	is	be	AUX
gp-209	76	26	predicted	predict	VERB
gp-209	76	27	to	to	PART
gp-209	76	28	affect	affect	VERB
gp-209	76	29	the	the	DET
gp-209	76	30	relationship	relationship	NOUN
gp-209	76	31	between	between	ADP
gp-209	76	32	goodwill	goodwill	NOUN
gp-209	76	33	assets	asset	NOUN
gp-209	76	34	and	and	CCONJ
gp-209	76	35	capital	capital	NOUN
gp-209	76	36	structure	structure	NOUN
gp-209	76	37	.	.	PUNCT
gp-209	77	1	based	base	VERB
gp-209	77	2	on	on	ADP
gp-209	77	3	research	research	NOUN
gp-209	77	4	conducted	conduct	VERB
gp-209	77	5	by	by	ADP
gp-209	77	6	thakur	thakur	PROPN
gp-209	77	7	et	et	PROPN
gp-209	77	8	al	al	PROPN
gp-209	77	9	.	.	PROPN
gp-209	78	1	(	(	PUNCT
gp-209	78	2	2024	2024	NUM
gp-209	78	3	)	)	PUNCT
gp-209	78	4	,	,	PUNCT
gp-209	78	5	there	there	PRON
gp-209	78	6	is	be	VERB
gp-209	78	7	a	a	DET
gp-209	78	8	financial	financial	ADJ
gp-209	78	9	market	market	NOUN
gp-209	78	10	development	development	NOUN
gp-209	78	11	that	that	PRON
gp-209	78	12	moderates	moderate	VERB
gp-209	78	13	the	the	DET
gp-209	78	14	relationship	relationship	NOUN
gp-209	78	15	between	between	ADP
gp-209	78	16	goodwill	goodwill	NOUN
gp-209	78	17	assets	asset	NOUN
gp-209	78	18	and	and	CCONJ
gp-209	78	19	capital	capital	NOUN
gp-209	78	20	structure	structure	NOUN
gp-209	78	21	in	in	ADP
gp-209	78	22	companies	company	NOUN
gp-209	78	23	listed	list	VERB
gp-209	78	24	in	in	ADP
gp-209	78	25	32	32	NUM
gp-209	78	26	countries	country	NOUN
gp-209	78	27	.	.	PUNCT
gp-209	79	1	putri	putri	PROPN
gp-209	79	2	&	&	CCONJ
gp-209	79	3	willim	willim	PROPN
gp-209	79	4	(	(	PUNCT
gp-209	79	5	2024	2024	NUM
gp-209	79	6	)	)	PUNCT
gp-209	79	7	conducted	conduct	VERB
gp-209	79	8	research	research	NOUN
gp-209	79	9	related	relate	VERB
gp-209	79	10	to	to	ADP
gp-209	79	11	the	the	DET
gp-209	79	12	influence	influence	NOUN
gp-209	79	13	of	of	ADP
gp-209	79	14	asset	asset	NOUN
gp-209	79	15	structure	structure	NOUN
gp-209	79	16	,	,	PUNCT
gp-209	79	17	earning	earn	VERB
gp-209	79	18	volatility	volatility	NOUN
gp-209	79	19	and	and	CCONJ
gp-209	79	20	financial	financial	ADJ
gp-209	79	21	flexibility	flexibility	NOUN
gp-209	79	22	on	on	ADP
gp-209	79	23	capital	capital	NOUN
gp-209	79	24	structure	structure	NOUN
gp-209	79	25	.	.	PUNCT
gp-209	80	1	the	the	DET
gp-209	80	2	research	research	NOUN
gp-209	80	3	object	object	NOUN
gp-209	80	4	used	use	VERB
gp-209	80	5	is	be	AUX
gp-209	80	6	a	a	DET
gp-209	80	7	company	company	NOUN
gp-209	80	8	in	in	ADP
gp-209	80	9	the	the	DET
gp-209	80	10	consumer	consumer	NOUN
gp-209	80	11	goods	good	NOUN
gp-209	80	12	industry	industry	NOUN
gp-209	80	13	listed	list	VERB
gp-209	80	14	on	on	ADP
gp-209	80	15	the	the	DET
gp-209	80	16	indonesia	indonesia	PROPN
gp-209	80	17	stock	stock	PROPN
gp-209	80	18	exchange	exchange	PROPN
gp-209	80	19	.	.	PUNCT
gp-209	81	1	to	to	PART
gp-209	81	2	obtain	obtain	VERB
gp-209	81	3	the	the	DET
gp-209	81	4	results	result	NOUN
gp-209	81	5	,	,	PUNCT
gp-209	81	6	this	this	DET
gp-209	81	7	american	american	ADJ
gp-209	81	8	journal	journal	PROPN
gp-209	81	9	of	of	ADP
gp-209	81	10	economic	economic	ADJ
gp-209	81	11	and	and	CCONJ
gp-209	81	12	management	management	NOUN
gp-209	81	13	business	business	NOUN
gp-209	81	14	vol	vol	NOUN
gp-209	81	15	.	.	PROPN
gp-209	82	1	4	4	NUM
gp-209	82	2	no	no	NOUN
gp-209	82	3	.	.	NOUN
gp-209	82	4	5	5	NUM
gp-209	82	5	may	may	AUX
gp-209	82	6	2025	2025	NUM
gp-209	82	7	372	372	NUM
gp-209	82	8	study	study	NOUN
gp-209	82	9	used	use	VERB
gp-209	82	10	multiple	multiple	ADJ
gp-209	82	11	linear	linear	ADJ
gp-209	82	12	regression	regression	NOUN
gp-209	82	13	analysis	analysis	NOUN
gp-209	82	14	.	.	PUNCT
gp-209	83	1	the	the	DET
gp-209	83	2	results	result	NOUN
gp-209	83	3	found	find	VERB
gp-209	83	4	in	in	ADP
gp-209	83	5	this	this	DET
gp-209	83	6	study	study	NOUN
gp-209	83	7	are	be	AUX
gp-209	83	8	:	:	PUNCT
gp-209	83	9	(	(	PUNCT
gp-209	83	10	i	i	NOUN
gp-209	83	11	)	)	PUNCT
gp-209	83	12	asset	asset	NOUN
gp-209	83	13	structure	structure	NOUN
gp-209	83	14	and	and	CCONJ
gp-209	83	15	financial	financial	ADJ
gp-209	83	16	flexibility	flexibility	NOUN
gp-209	83	17	have	have	VERB
gp-209	83	18	a	a	DET
gp-209	83	19	significant	significant	ADJ
gp-209	83	20	influence	influence	NOUN
gp-209	83	21	on	on	ADP
gp-209	83	22	capital	capital	NOUN
gp-209	83	23	structure	structure	NOUN
gp-209	83	24	and	and	CCONJ
gp-209	83	25	(	(	PUNCT
gp-209	83	26	ii	ii	NOUN
gp-209	83	27	)	)	PUNCT
gp-209	83	28	earning	earn	VERB
gp-209	83	29	volatility	volatility	NOUN
gp-209	83	30	has	have	VERB
gp-209	83	31	no	no	DET
gp-209	83	32	effect	effect	NOUN
gp-209	83	33	on	on	ADP
gp-209	83	34	capital	capital	NOUN
gp-209	83	35	structure	structure	NOUN
gp-209	83	36	.	.	PUNCT
gp-209	84	1	naser	naser	PROPN
gp-209	84	2	,	,	PUNCT
gp-209	84	3	et	et	PROPN
gp-209	84	4	al	al	PROPN
gp-209	84	5	(	(	PUNCT
gp-209	84	6	2024	2024	NUM
gp-209	84	7	)	)	PUNCT
gp-209	84	8	conducted	conduct	VERB
gp-209	84	9	research	research	NOUN
gp-209	84	10	related	relate	VERB
gp-209	84	11	to	to	ADP
gp-209	84	12	the	the	DET
gp-209	84	13	relationship	relationship	NOUN
gp-209	84	14	between	between	ADP
gp-209	84	15	cash	cash	NOUN
gp-209	84	16	flow	flow	NOUN
gp-209	84	17	volatility	volatility	NOUN
gp-209	84	18	and	and	CCONJ
gp-209	84	19	capital	capital	NOUN
gp-209	84	20	structure	structure	NOUN
gp-209	84	21	.	.	PUNCT
gp-209	85	1	the	the	DET
gp-209	85	2	research	research	NOUN
gp-209	85	3	object	object	NOUN
gp-209	85	4	used	use	VERB
gp-209	85	5	is	be	AUX
gp-209	85	6	companies	company	NOUN
gp-209	85	7	engaged	engage	VERB
gp-209	85	8	in	in	ADP
gp-209	85	9	non	non	ADJ
gp-209	85	10	-	-	ADJ
gp-209	85	11	financial	financial	ADJ
gp-209	85	12	industries	industry	NOUN
gp-209	85	13	listed	list	VERB
gp-209	85	14	in	in	ADP
gp-209	85	15	the	the	DET
gp-209	85	16	middle	middle	PROPN
gp-209	85	17	east	east	PROPN
gp-209	85	18	and	and	CCONJ
gp-209	85	19	north	north	PROPN
gp-209	85	20	africa	africa	PROPN
gp-209	85	21	(	(	PUNCT
gp-209	85	22	mena	mena	PROPN
gp-209	85	23	)	)	PUNCT
gp-209	85	24	market	market	NOUN
gp-209	85	25	and	and	CCONJ
gp-209	85	26	the	the	DET
gp-209	85	27	african	african	ADJ
gp-209	85	28	market	market	NOUN
gp-209	85	29	in	in	ADP
gp-209	85	30	the	the	DET
gp-209	85	31	period	period	NOUN
gp-209	85	32	2011	2011	NUM
gp-209	85	33	-	-	SYM
gp-209	85	34	2020	2020	NUM
gp-209	85	35	.	.	PUNCT
gp-209	86	1	to	to	PART
gp-209	86	2	obtain	obtain	VERB
gp-209	86	3	results	result	NOUN
gp-209	86	4	,	,	PUNCT
gp-209	86	5	this	this	DET
gp-209	86	6	study	study	NOUN
gp-209	86	7	used	use	VERB
gp-209	86	8	a	a	DET
gp-209	86	9	two	two	NUM
gp-209	86	10	step	step	NOUN
gp-209	86	11	system	system	NOUN
gp-209	86	12	generalized	generalize	VERB
gp-209	86	13	method	method	NOUN
gp-209	86	14	of	of	ADP
gp-209	86	15	moment	moment	NOUN
gp-209	86	16	(	(	PUNCT
gp-209	86	17	gmm	gmm	NOUN
gp-209	86	18	)	)	PUNCT
gp-209	86	19	regression	regression	NOUN
gp-209	86	20	.	.	PUNCT
gp-209	87	1	the	the	DET
gp-209	87	2	results	result	NOUN
gp-209	87	3	of	of	ADP
gp-209	87	4	this	this	DET
gp-209	87	5	study	study	NOUN
gp-209	87	6	are	be	AUX
gp-209	87	7	:	:	PUNCT
gp-209	87	8	(	(	PUNCT
gp-209	87	9	i	i	NOUN
gp-209	87	10	)	)	PUNCT
gp-209	87	11	there	there	PRON
gp-209	87	12	is	be	VERB
gp-209	87	13	a	a	DET
gp-209	87	14	significant	significant	ADJ
gp-209	87	15	positive	positive	ADJ
gp-209	87	16	relationship	relationship	NOUN
gp-209	87	17	between	between	ADP
gp-209	87	18	cash	cash	NOUN
gp-209	87	19	flow	flow	NOUN
gp-209	87	20	volatility	volatility	NOUN
gp-209	87	21	and	and	CCONJ
gp-209	87	22	capital	capital	NOUN
gp-209	87	23	structure	structure	NOUN
gp-209	87	24	and	and	CCONJ
gp-209	87	25	(	(	PUNCT
gp-209	87	26	ii	ii	NOUN
gp-209	87	27	)	)	PUNCT
gp-209	87	28	there	there	PRON
gp-209	87	29	is	be	VERB
gp-209	87	30	a	a	DET
gp-209	87	31	negative	negative	ADJ
gp-209	87	32	relationship	relationship	NOUN
gp-209	87	33	between	between	ADP
gp-209	87	34	fixed	fix	VERB
gp-209	87	35	assets	asset	NOUN
gp-209	87	36	that	that	PRON
gp-209	87	37	moderate	moderate	VERB
gp-209	87	38	cash	cash	NOUN
gp-209	87	39	flow	flow	NOUN
gp-209	87	40	volatility	volatility	NOUN
gp-209	87	41	and	and	CCONJ
gp-209	87	42	capital	capital	NOUN
gp-209	87	43	structure	structure	NOUN
gp-209	87	44	.	.	PUNCT
gp-209	88	1	putri	putri	PROPN
gp-209	88	2	&	&	CCONJ
gp-209	88	3	willim	willim	PROPN
gp-209	88	4	(	(	PUNCT
gp-209	88	5	2024	2024	NUM
gp-209	88	6	)	)	PUNCT
gp-209	88	7	states	state	VERB
gp-209	88	8	that	that	SCONJ
gp-209	88	9	asset	asset	NOUN
gp-209	88	10	structure	structure	NOUN
gp-209	88	11	and	and	CCONJ
gp-209	88	12	financial	financial	ADJ
gp-209	88	13	flexibility	flexibility	NOUN
gp-209	88	14	have	have	VERB
gp-209	88	15	a	a	DET
gp-209	88	16	significant	significant	ADJ
gp-209	88	17	influence	influence	NOUN
gp-209	88	18	on	on	ADP
gp-209	88	19	capital	capital	NOUN
gp-209	88	20	structure	structure	NOUN
gp-209	88	21	,	,	PUNCT
gp-209	88	22	but	but	CCONJ
gp-209	88	23	earning	earn	VERB
gp-209	88	24	volatility	volatility	NOUN
gp-209	88	25	has	have	VERB
gp-209	88	26	no	no	DET
gp-209	88	27	effect	effect	NOUN
gp-209	88	28	on	on	ADP
gp-209	88	29	capital	capital	NOUN
gp-209	88	30	structure	structure	NOUN
gp-209	88	31	.	.	PUNCT
gp-209	89	1	although	although	SCONJ
gp-209	89	2	previous	previous	ADJ
gp-209	89	3	studies	study	NOUN
gp-209	89	4	have	have	AUX
gp-209	89	5	examined	examine	VERB
gp-209	89	6	various	various	ADJ
gp-209	89	7	determinants	determinant	NOUN
gp-209	89	8	of	of	ADP
gp-209	89	9	capital	capital	NOUN
gp-209	89	10	structure	structure	NOUN
gp-209	89	11	,	,	PUNCT
gp-209	89	12	such	such	ADJ
gp-209	89	13	as	as	ADP
gp-209	89	14	asset	asset	NOUN
gp-209	89	15	structure	structure	NOUN
gp-209	89	16	,	,	PUNCT
gp-209	89	17	firm	firm	ADJ
gp-209	89	18	size	size	NOUN
gp-209	89	19	,	,	PUNCT
gp-209	89	20	profitability	profitability	NOUN
gp-209	89	21	,	,	PUNCT
gp-209	89	22	and	and	CCONJ
gp-209	89	23	earnings	earning	NOUN
gp-209	89	24	volatility	volatility	NOUN
gp-209	89	25	,	,	PUNCT
gp-209	89	26	there	there	PRON
gp-209	89	27	is	be	VERB
gp-209	89	28	limited	limit	VERB
gp-209	89	29	empirical	empirical	ADJ
gp-209	89	30	research	research	NOUN
gp-209	89	31	that	that	PRON
gp-209	89	32	integrates	integrate	VERB
gp-209	89	33	intangible	intangible	ADJ
gp-209	89	34	assets	asset	NOUN
gp-209	89	35	like	like	ADP
gp-209	89	36	goodwill	goodwill	NOUN
gp-209	89	37	in	in	ADP
gp-209	89	38	the	the	DET
gp-209	89	39	analysis	analysis	NOUN
gp-209	89	40	.	.	PUNCT
gp-209	90	1	even	even	ADV
gp-209	90	2	fewer	few	ADJ
gp-209	90	3	studies	study	NOUN
gp-209	90	4	explore	explore	VERB
gp-209	90	5	how	how	SCONJ
gp-209	90	6	macroeconomic	macroeconomic	ADJ
gp-209	90	7	elements	element	NOUN
gp-209	90	8	,	,	PUNCT
gp-209	90	9	particularly	particularly	ADV
gp-209	90	10	financial	financial	ADJ
gp-209	90	11	market	market	NOUN
gp-209	90	12	development	development	NOUN
gp-209	90	13	,	,	PUNCT
gp-209	90	14	moderate	moderate	VERB
gp-209	90	15	this	this	DET
gp-209	90	16	relationship	relationship	NOUN
gp-209	90	17	.	.	PUNCT
gp-209	91	1	this	this	DET
gp-209	91	2	gap	gap	NOUN
gp-209	91	3	is	be	AUX
gp-209	91	4	especially	especially	ADV
gp-209	91	5	evident	evident	ADJ
gp-209	91	6	in	in	ADP
gp-209	91	7	the	the	DET
gp-209	91	8	context	context	NOUN
gp-209	91	9	of	of	ADP
gp-209	91	10	transportation	transportation	NOUN
gp-209	91	11	and	and	CCONJ
gp-209	91	12	logistics	logistic	NOUN
gp-209	91	13	companies	company	NOUN
gp-209	91	14	in	in	ADP
gp-209	91	15	emerging	emerge	VERB
gp-209	91	16	economies	economy	NOUN
gp-209	91	17	like	like	ADP
gp-209	91	18	indonesia	indonesia	PROPN
gp-209	91	19	,	,	PUNCT
gp-209	91	20	where	where	SCONJ
gp-209	91	21	market	market	NOUN
gp-209	91	22	inefficiencies	inefficiency	NOUN
gp-209	91	23	and	and	CCONJ
gp-209	91	24	asymmetric	asymmetric	ADJ
gp-209	91	25	information	information	NOUN
gp-209	91	26	may	may	AUX
gp-209	91	27	significantly	significantly	ADV
gp-209	91	28	affect	affect	VERB
gp-209	91	29	capital	capital	NOUN
gp-209	91	30	structure	structure	NOUN
gp-209	91	31	decisions	decision	NOUN
gp-209	91	32	.	.	PUNCT
gp-209	92	1	this	this	DET
gp-209	92	2	study	study	NOUN
gp-209	92	3	introduces	introduce	VERB
gp-209	92	4	a	a	DET
gp-209	92	5	novel	novel	ADJ
gp-209	92	6	approach	approach	NOUN
gp-209	92	7	by	by	ADP
gp-209	92	8	simultaneously	simultaneously	ADV
gp-209	92	9	examining	examine	VERB
gp-209	92	10	the	the	DET
gp-209	92	11	impact	impact	NOUN
gp-209	92	12	of	of	ADP
gp-209	92	13	goodwill	goodwill	NOUN
gp-209	92	14	assets	asset	NOUN
gp-209	92	15	,	,	PUNCT
gp-209	92	16	earning	earn	VERB
gp-209	92	17	volatility	volatility	NOUN
gp-209	92	18	,	,	PUNCT
gp-209	92	19	and	and	CCONJ
gp-209	92	20	financial	financial	ADJ
gp-209	92	21	flexibility	flexibility	NOUN
gp-209	92	22	on	on	ADP
gp-209	92	23	capital	capital	NOUN
gp-209	92	24	structure	structure	NOUN
gp-209	92	25	,	,	PUNCT
gp-209	92	26	with	with	ADP
gp-209	92	27	financial	financial	ADJ
gp-209	92	28	market	market	NOUN
gp-209	92	29	development	development	NOUN
gp-209	92	30	as	as	ADP
gp-209	92	31	a	a	DET
gp-209	92	32	moderating	moderate	VERB
gp-209	92	33	variable	variable	NOUN
gp-209	92	34	.	.	PUNCT
gp-209	93	1	it	it	PRON
gp-209	93	2	is	be	AUX
gp-209	93	3	one	one	NUM
gp-209	93	4	of	of	ADP
gp-209	93	5	the	the	DET
gp-209	93	6	few	few	ADJ
gp-209	93	7	studies	study	NOUN
gp-209	93	8	focusing	focus	VERB
gp-209	93	9	on	on	ADP
gp-209	93	10	companies	company	NOUN
gp-209	93	11	in	in	ADP
gp-209	93	12	the	the	DET
gp-209	93	13	indonesian	indonesian	ADJ
gp-209	93	14	transportation	transportation	PROPN
gp-209	93	15	and	and	CCONJ
gp-209	93	16	logistics	logistic	NOUN
gp-209	93	17	sector	sector	NOUN
gp-209	93	18	,	,	PUNCT
gp-209	93	19	and	and	CCONJ
gp-209	93	20	the	the	DET
gp-209	93	21	first	first	ADJ
gp-209	93	22	to	to	PART
gp-209	93	23	empirically	empirically	ADV
gp-209	93	24	test	test	VERB
gp-209	93	25	whether	whether	SCONJ
gp-209	93	26	financial	financial	ADJ
gp-209	93	27	market	market	NOUN
gp-209	93	28	development	development	NOUN
gp-209	93	29	amplifies	amplify	VERB
gp-209	93	30	or	or	CCONJ
gp-209	93	31	diminishes	diminish	VERB
gp-209	93	32	the	the	DET
gp-209	93	33	influence	influence	NOUN
gp-209	93	34	of	of	ADP
gp-209	93	35	goodwill	goodwill	NOUN
gp-209	93	36	assets	asset	NOUN
gp-209	93	37	on	on	ADP
gp-209	93	38	capital	capital	NOUN
gp-209	93	39	structure	structure	NOUN
gp-209	93	40	using	use	VERB
gp-209	93	41	panel	panel	NOUN
gp-209	93	42	data	datum	NOUN
gp-209	93	43	regression	regression	NOUN
gp-209	93	44	and	and	CCONJ
gp-209	93	45	moderated	moderate	VERB
gp-209	93	46	regression	regression	NOUN
gp-209	93	47	analysis	analysis	NOUN
gp-209	93	48	.	.	PUNCT
gp-209	94	1	the	the	DET
gp-209	94	2	purpose	purpose	NOUN
gp-209	94	3	of	of	ADP
gp-209	94	4	this	this	DET
gp-209	94	5	study	study	NOUN
gp-209	94	6	is	be	AUX
gp-209	94	7	to	to	PART
gp-209	94	8	find	find	VERB
gp-209	94	9	out	out	ADP
gp-209	94	10	whether	whether	SCONJ
gp-209	94	11	there	there	PRON
gp-209	94	12	is	be	VERB
gp-209	94	13	an	an	DET
gp-209	94	14	influence	influence	NOUN
gp-209	94	15	of	of	ADP
gp-209	94	16	asset	asset	NOUN
gp-209	94	17	goodwill	goodwill	NOUN
gp-209	94	18	on	on	ADP
gp-209	94	19	capital	capital	NOUN
gp-209	94	20	structure	structure	NOUN
gp-209	94	21	,	,	PUNCT
gp-209	94	22	to	to	PART
gp-209	94	23	find	find	VERB
gp-209	94	24	out	out	ADP
gp-209	94	25	if	if	SCONJ
gp-209	94	26	there	there	PRON
gp-209	94	27	is	be	VERB
gp-209	94	28	an	an	DET
gp-209	94	29	effect	effect	NOUN
gp-209	94	30	of	of	ADP
gp-209	94	31	earning	earn	VERB
gp-209	94	32	volatility	volatility	NOUN
gp-209	94	33	on	on	ADP
gp-209	94	34	capital	capital	NOUN
gp-209	94	35	structure	structure	NOUN
gp-209	94	36	,	,	PUNCT
gp-209	94	37	to	to	PART
gp-209	94	38	find	find	VERB
gp-209	94	39	out	out	ADP
gp-209	94	40	if	if	SCONJ
gp-209	94	41	there	there	PRON
gp-209	94	42	is	be	VERB
gp-209	94	43	an	an	DET
gp-209	94	44	influence	influence	NOUN
gp-209	94	45	of	of	ADP
gp-209	94	46	financial	financial	ADJ
gp-209	94	47	flexibility	flexibility	NOUN
gp-209	94	48	on	on	ADP
gp-209	94	49	capital	capital	NOUN
gp-209	94	50	structure	structure	NOUN
gp-209	94	51	,	,	PUNCT
gp-209	94	52	to	to	PART
gp-209	94	53	find	find	VERB
gp-209	94	54	out	out	ADP
gp-209	94	55	whether	whether	SCONJ
gp-209	94	56	there	there	PRON
gp-209	94	57	is	be	VERB
gp-209	94	58	an	an	DET
gp-209	94	59	influence	influence	NOUN
gp-209	94	60	of	of	ADP
gp-209	94	61	goodwill	goodwill	NOUN
gp-209	94	62	asset	asset	NOUN
gp-209	94	63	,	,	PUNCT
gp-209	94	64	earning	earn	VERB
gp-209	94	65	volatility	volatility	NOUN
gp-209	94	66	,	,	PUNCT
gp-209	94	67	financial	financial	ADJ
gp-209	94	68	flexibility	flexibility	NOUN
gp-209	94	69	on	on	ADP
gp-209	94	70	capital	capital	NOUN
gp-209	94	71	structure	structure	NOUN
gp-209	94	72	simultaneously	simultaneously	ADV
gp-209	94	73	and	and	CCONJ
gp-209	94	74	to	to	PART
gp-209	94	75	find	find	VERB
gp-209	94	76	out	out	ADP
gp-209	94	77	whether	whether	SCONJ
gp-209	94	78	financial	financial	ADJ
gp-209	94	79	market	market	NOUN
gp-209	94	80	development	development	NOUN
gp-209	94	81	moderate	moderate	VERB
gp-209	94	82	the	the	DET
gp-209	94	83	influence	influence	NOUN
gp-209	94	84	of	of	ADP
gp-209	94	85	goodwill	goodwill	NOUN
gp-209	94	86	assets	asset	NOUN
gp-209	94	87	on	on	ADP
gp-209	94	88	capital	capital	NOUN
gp-209	94	89	structure	structure	NOUN
gp-209	94	90	this	this	DET
gp-209	94	91	research	research	NOUN
gp-209	94	92	provides	provide	VERB
gp-209	94	93	valuable	valuable	ADJ
gp-209	94	94	insights	insight	NOUN
gp-209	94	95	for	for	ADP
gp-209	94	96	corporate	corporate	ADJ
gp-209	94	97	financial	financial	ADJ
gp-209	94	98	managers	manager	NOUN
gp-209	94	99	,	,	PUNCT
gp-209	94	100	investors	investor	NOUN
gp-209	94	101	,	,	PUNCT
gp-209	94	102	and	and	CCONJ
gp-209	94	103	policymakers	policymaker	NOUN
gp-209	94	104	in	in	ADP
gp-209	94	105	emerging	emerge	VERB
gp-209	94	106	markets	market	NOUN
gp-209	94	107	.	.	PUNCT
gp-209	95	1	understanding	understand	VERB
gp-209	95	2	how	how	SCONJ
gp-209	95	3	both	both	DET
gp-209	95	4	company	company	NOUN
gp-209	95	5	-	-	PUNCT
gp-209	95	6	specific	specific	ADJ
gp-209	95	7	factors	factor	NOUN
gp-209	95	8	and	and	CCONJ
gp-209	95	9	macroeconomic	macroeconomic	ADJ
gp-209	95	10	variables	variable	NOUN
gp-209	95	11	affect	affect	VERB
gp-209	95	12	capital	capital	NOUN
gp-209	95	13	structure	structure	NOUN
gp-209	95	14	can	can	AUX
gp-209	95	15	improve	improve	VERB
gp-209	95	16	financial	financial	ADJ
gp-209	95	17	decision	decision	NOUN
gp-209	95	18	-	-	PUNCT
gp-209	95	19	making	making	NOUN
gp-209	95	20	,	,	PUNCT
gp-209	95	21	reduce	reduce	VERB
gp-209	95	22	funding	funding	NOUN
gp-209	95	23	risks	risk	NOUN
gp-209	95	24	,	,	PUNCT
gp-209	95	25	and	and	CCONJ
gp-209	95	26	enhance	enhance	VERB
gp-209	95	27	capital	capital	NOUN
gp-209	95	28	efficiency	efficiency	NOUN
gp-209	95	29	.	.	PUNCT
gp-209	96	1	moreover	moreover	ADV
gp-209	96	2	,	,	PUNCT
gp-209	96	3	the	the	DET
gp-209	96	4	study	study	NOUN
gp-209	96	5	's	's	PART
gp-209	96	6	findings	finding	NOUN
gp-209	96	7	can	can	AUX
gp-209	96	8	help	help	VERB
gp-209	96	9	regulators	regulator	NOUN
gp-209	96	10	foster	foster	VERB
gp-209	96	11	financial	financial	ADJ
gp-209	96	12	market	market	NOUN
gp-209	96	13	environments	environment	NOUN
gp-209	96	14	that	that	PRON
gp-209	96	15	better	well	ADV
gp-209	96	16	support	support	VERB
gp-209	96	17	strategic	strategic	ADJ
gp-209	96	18	funding	funding	NOUN
gp-209	96	19	needs	need	NOUN
gp-209	96	20	in	in	ADP
gp-209	96	21	critical	critical	ADJ
gp-209	96	22	sectors	sector	NOUN
gp-209	96	23	such	such	ADJ
gp-209	96	24	as	as	ADP
gp-209	96	25	transportation	transportation	NOUN
gp-209	96	26	and	and	CCONJ
gp-209	96	27	logistics	logistic	NOUN
gp-209	96	28	.	.	PUNCT
gp-209	97	1	joko	joko	PROPN
gp-209	97	2	kristanto	kristanto	PROPN
gp-209	97	3	,	,	PUNCT
gp-209	97	4	irni	irni	NOUN
gp-209	97	5	yunita	yunita	PROPN
gp-209	97	6	373	373	NUM
gp-209	97	7	research	research	NOUN
gp-209	97	8	methods	method	NOUN
gp-209	97	9	this	this	DET
gp-209	97	10	research	research	NOUN
gp-209	97	11	has	have	VERB
gp-209	97	12	a	a	DET
gp-209	97	13	descriptive	descriptive	ADJ
gp-209	97	14	purpose	purpose	NOUN
gp-209	97	15	.	.	PUNCT
gp-209	98	1	this	this	DET
gp-209	98	2	study	study	NOUN
gp-209	98	3	aims	aim	VERB
gp-209	98	4	to	to	PART
gp-209	98	5	determine	determine	VERB
gp-209	98	6	the	the	DET
gp-209	98	7	influence	influence	NOUN
gp-209	98	8	of	of	ADP
gp-209	98	9	goodwill	goodwill	NOUN
gp-209	98	10	asset	asset	NOUN
gp-209	98	11	,	,	PUNCT
gp-209	98	12	earning	earn	VERB
gp-209	98	13	volatility	volatility	NOUN
gp-209	98	14	,	,	PUNCT
gp-209	98	15	and	and	CCONJ
gp-209	98	16	financial	financial	ADJ
gp-209	98	17	flexibility	flexibility	NOUN
gp-209	98	18	on	on	ADP
gp-209	98	19	capital	capital	NOUN
gp-209	98	20	structure	structure	NOUN
gp-209	98	21	moderated	moderate	VERB
gp-209	98	22	by	by	ADP
gp-209	98	23	financial	financial	ADJ
gp-209	98	24	market	market	NOUN
gp-209	98	25	development	development	NOUN
gp-209	98	26	(	(	PUNCT
gp-209	98	27	a	a	DET
gp-209	98	28	study	study	NOUN
gp-209	98	29	on	on	ADP
gp-209	98	30	companies	company	NOUN
gp-209	98	31	in	in	ADP
gp-209	98	32	the	the	DET
gp-209	98	33	transportation	transportation	NOUN
gp-209	98	34	and	and	CCONJ
gp-209	98	35	logistics	logistic	NOUN
gp-209	98	36	sector	sector	NOUN
gp-209	98	37	in	in	ADP
gp-209	98	38	2018	2018	NUM
gp-209	98	39	-	-	SYM
gp-209	98	40	2023	2023	NUM
gp-209	98	41	listed	list	VERB
gp-209	98	42	on	on	ADP
gp-209	98	43	the	the	DET
gp-209	98	44	indonesia	indonesia	PROPN
gp-209	98	45	stock	stock	PROPN
gp-209	98	46	exchange	exchange	PROPN
gp-209	98	47	)	)	PUNCT
gp-209	98	48	.	.	PUNCT
gp-209	99	1	furthermore	furthermore	ADV
gp-209	99	2	,	,	PUNCT
gp-209	99	3	this	this	DET
gp-209	99	4	study	study	NOUN
gp-209	99	5	uses	use	VERB
gp-209	99	6	quantitative	quantitative	ADJ
gp-209	99	7	research	research	NOUN
gp-209	99	8	methods	method	NOUN
gp-209	99	9	.	.	PUNCT
gp-209	100	1	data	datum	NOUN
gp-209	100	2	collection	collection	NOUN
gp-209	100	3	and	and	CCONJ
gp-209	100	4	data	datum	NOUN
gp-209	100	5	sources	source	NOUN
gp-209	100	6	the	the	DET
gp-209	100	7	data	datum	NOUN
gp-209	100	8	in	in	ADP
gp-209	100	9	this	this	DET
gp-209	100	10	study	study	NOUN
gp-209	100	11	is	be	AUX
gp-209	100	12	secondary	secondary	ADJ
gp-209	100	13	data	datum	NOUN
gp-209	100	14	obtained	obtain	VERB
gp-209	100	15	by	by	ADP
gp-209	100	16	researchers	researcher	NOUN
gp-209	100	17	through	through	ADP
gp-209	100	18	intermediary	intermediary	ADJ
gp-209	100	19	media	medium	NOUN
gp-209	100	20	or	or	CCONJ
gp-209	100	21	is	be	AUX
gp-209	100	22	data	datum	NOUN
gp-209	100	23	obtained	obtain	VERB
gp-209	100	24	and	and	CCONJ
gp-209	100	25	recorded	record	VERB
gp-209	100	26	by	by	ADP
gp-209	100	27	other	other	ADJ
gp-209	100	28	parties	party	NOUN
gp-209	100	29	.	.	PUNCT
gp-209	101	1	the	the	DET
gp-209	101	2	data	datum	NOUN
gp-209	101	3	used	use	VERB
gp-209	101	4	in	in	ADP
gp-209	101	5	this	this	DET
gp-209	101	6	study	study	NOUN
gp-209	101	7	is	be	AUX
gp-209	101	8	accounting	account	VERB
gp-209	101	9	data	datum	NOUN
gp-209	101	10	in	in	ADP
gp-209	101	11	the	the	DET
gp-209	101	12	form	form	NOUN
gp-209	101	13	of	of	ADP
gp-209	101	14	financial	financial	ADJ
gp-209	101	15	statements	statement	NOUN
gp-209	101	16	of	of	ADP
gp-209	101	17	sample	sample	NOUN
gp-209	101	18	companies	company	NOUN
gp-209	101	19	,	,	PUNCT
gp-209	101	20	namely	namely	ADV
gp-209	101	21	balance	balance	NOUN
gp-209	101	22	sheets	sheet	NOUN
gp-209	101	23	,	,	PUNCT
gp-209	101	24	profit	profit	NOUN
gp-209	101	25	and	and	CCONJ
gp-209	101	26	loss	loss	NOUN
gp-209	101	27	statements	statement	NOUN
gp-209	101	28	and	and	CCONJ
gp-209	101	29	financial	financial	ADJ
gp-209	101	30	ratios	ratio	NOUN
gp-209	101	31	in	in	ADP
gp-209	101	32	2018	2018	NUM
gp-209	101	33	-	-	SYM
gp-209	101	34	2023	2023	NUM
gp-209	101	35	sourced	source	VERB
gp-209	101	36	from	from	ADP
gp-209	101	37	the	the	DET
gp-209	101	38	website	website	NOUN
gp-209	101	39	of	of	ADP
gp-209	101	40	the	the	DET
gp-209	101	41	sample	sample	NOUN
gp-209	101	42	company	company	NOUN
gp-209	101	43	and	and	CCONJ
gp-209	101	44	other	other	ADJ
gp-209	101	45	relevant	relevant	ADJ
gp-209	101	46	sources	source	NOUN
gp-209	101	47	.	.	PUNCT
gp-209	102	1	in	in	ADP
gp-209	102	2	order	order	NOUN
gp-209	102	3	to	to	PART
gp-209	102	4	achieve	achieve	VERB
gp-209	102	5	the	the	DET
gp-209	102	6	research	research	NOUN
gp-209	102	7	objectives	objective	NOUN
gp-209	102	8	and	and	CCONJ
gp-209	102	9	prove	prove	VERB
gp-209	102	10	the	the	DET
gp-209	102	11	truth	truth	NOUN
gp-209	102	12	of	of	ADP
gp-209	102	13	the	the	DET
gp-209	102	14	hypotheses	hypothesis	NOUN
gp-209	102	15	that	that	PRON
gp-209	102	16	have	have	AUX
gp-209	102	17	been	be	AUX
gp-209	102	18	proposed	propose	VERB
gp-209	102	19	,	,	PUNCT
gp-209	102	20	two	two	NUM
gp-209	102	21	basic	basic	ADJ
gp-209	102	22	activities	activity	NOUN
gp-209	102	23	are	be	AUX
gp-209	102	24	used	use	VERB
gp-209	102	25	in	in	ADP
gp-209	102	26	data	data	NOUN
gp-209	102	27	collection	collection	NOUN
gp-209	102	28	,	,	PUNCT
gp-209	102	29	namely	namely	ADV
gp-209	102	30	:	:	PUNCT
gp-209	102	31	1	1	X
gp-209	102	32	.	.	X
gp-209	102	33	literature	literature	NOUN
gp-209	102	34	study	study	PROPN
gp-209	102	35	,	,	PUNCT
gp-209	102	36	which	which	PRON
gp-209	102	37	is	be	AUX
gp-209	102	38	directed	direct	VERB
gp-209	102	39	to	to	PART
gp-209	102	40	obtain	obtain	VERB
gp-209	102	41	a	a	DET
gp-209	102	42	theoretical	theoretical	ADJ
gp-209	102	43	foundation	foundation	NOUN
gp-209	102	44	as	as	ADP
gp-209	102	45	a	a	DET
gp-209	102	46	foundation	foundation	NOUN
gp-209	102	47	in	in	ADP
gp-209	102	48	case	case	NOUN
gp-209	102	49	testing	testing	NOUN
gp-209	102	50	.	.	PUNCT
gp-209	103	1	the	the	DET
gp-209	103	2	theoretical	theoretical	ADJ
gp-209	103	3	foundation	foundation	NOUN
gp-209	103	4	or	or	CCONJ
gp-209	103	5	theoretical	theoretical	ADJ
gp-209	103	6	basis	basis	NOUN
gp-209	103	7	is	be	AUX
gp-209	103	8	obtained	obtain	VERB
gp-209	103	9	through	through	ADP
gp-209	103	10	literature	literature	NOUN
gp-209	103	11	,	,	PUNCT
gp-209	103	12	scientific	scientific	ADJ
gp-209	103	13	magazines	magazine	NOUN
gp-209	103	14	(	(	PUNCT
gp-209	103	15	journals	journal	NOUN
gp-209	103	16	)	)	PUNCT
gp-209	103	17	and	and	CCONJ
gp-209	103	18	other	other	ADJ
gp-209	103	19	types	type	NOUN
gp-209	103	20	of	of	ADP
gp-209	103	21	writing	writing	NOUN
gp-209	103	22	that	that	PRON
gp-209	103	23	are	be	AUX
gp-209	103	24	relevant	relevant	ADJ
gp-209	103	25	to	to	ADP
gp-209	103	26	the	the	DET
gp-209	103	27	problem	problem	NOUN
gp-209	103	28	being	be	AUX
gp-209	103	29	researched	research	VERB
gp-209	103	30	.	.	PUNCT
gp-209	104	1	2	2	X
gp-209	104	2	.	.	X
gp-209	104	3	documentation	documentation	NOUN
gp-209	104	4	,	,	PUNCT
gp-209	104	5	in	in	ADP
gp-209	104	6	this	this	DET
gp-209	104	7	study	study	NOUN
gp-209	104	8	,	,	PUNCT
gp-209	104	9	the	the	DET
gp-209	104	10	author	author	NOUN
gp-209	104	11	utilizes	utilize	VERB
gp-209	104	12	financial	financial	ADJ
gp-209	104	13	statements	statement	NOUN
gp-209	104	14	from	from	ADP
gp-209	104	15	research	research	NOUN
gp-209	104	16	samples	sample	NOUN
gp-209	104	17	registered	register	VERB
gp-209	104	18	in	in	ADP
gp-209	104	19	the	the	DET
gp-209	104	20	transportation	transportation	NOUN
gp-209	104	21	and	and	CCONJ
gp-209	104	22	logistics	logistic	NOUN
gp-209	104	23	sector	sector	NOUN
gp-209	104	24	for	for	ADP
gp-209	104	25	the	the	DET
gp-209	104	26	2018	2018	NUM
gp-209	104	27	-	-	SYM
gp-209	104	28	2023	2023	NUM
gp-209	104	29	period	period	NOUN
gp-209	104	30	and	and	CCONJ
gp-209	104	31	are	be	AUX
gp-209	104	32	published	publish	VERB
gp-209	104	33	on	on	ADP
gp-209	104	34	the	the	DET
gp-209	104	35	indonesia	indonesia	PROPN
gp-209	104	36	stock	stock	PROPN
gp-209	104	37	exchange	exchange	PROPN
gp-209	104	38	(	(	PUNCT
gp-209	104	39	www.idx.co.id	www.idx.co.id	PROPN
gp-209	104	40	)	)	PUNCT
gp-209	104	41	website	website	NOUN
gp-209	104	42	and	and	CCONJ
gp-209	104	43	the	the	DET
gp-209	104	44	company	company	NOUN
gp-209	104	45	's	's	PART
gp-209	104	46	official	official	ADJ
gp-209	104	47	website	website	NOUN
gp-209	104	48	.	.	PUNCT
gp-209	105	1	data	datum	NOUN
gp-209	105	2	analysis	analysis	NOUN
gp-209	105	3	techniques	technique	NOUN
gp-209	105	4	data	datum	NOUN
gp-209	105	5	analysis	analysis	NOUN
gp-209	105	6	techniques	technique	NOUN
gp-209	105	7	can	can	AUX
gp-209	105	8	be	be	AUX
gp-209	105	9	referred	refer	VERB
gp-209	105	10	to	to	ADP
gp-209	105	11	as	as	ADP
gp-209	105	12	a	a	DET
gp-209	105	13	method	method	NOUN
gp-209	105	14	of	of	ADP
gp-209	105	15	analyzing	analyze	VERB
gp-209	105	16	data	datum	NOUN
gp-209	105	17	so	so	SCONJ
gp-209	105	18	that	that	SCONJ
gp-209	105	19	the	the	DET
gp-209	105	20	data	datum	NOUN
gp-209	105	21	can	can	AUX
gp-209	105	22	be	be	AUX
gp-209	105	23	processed	process	VERB
gp-209	105	24	.	.	PUNCT
gp-209	106	1	the	the	DET
gp-209	106	2	software	software	NOUN
gp-209	106	3	used	use	VERB
gp-209	106	4	in	in	ADP
gp-209	106	5	data	datum	NOUN
gp-209	106	6	processing	processing	NOUN
gp-209	106	7	in	in	ADP
gp-209	106	8	this	this	DET
gp-209	106	9	study	study	NOUN
gp-209	106	10	is	be	AUX
gp-209	106	11	eviews	eviews	PROPN
gp-209	106	12	12	12	NUM
gp-209	106	13	.	.	PUNCT
gp-209	107	1	1	1	NUM
gp-209	107	2	.	.	X
gp-209	107	3	descriptive	descriptive	ADJ
gp-209	107	4	statistical	statistical	ADJ
gp-209	107	5	analysis	analysis	NOUN
gp-209	107	6	the	the	DET
gp-209	107	7	descriptive	descriptive	ADJ
gp-209	107	8	statistics	statistic	NOUN
gp-209	107	9	in	in	ADP
gp-209	107	10	this	this	DET
gp-209	107	11	study	study	NOUN
gp-209	107	12	aim	aim	VERB
gp-209	107	13	to	to	PART
gp-209	107	14	provide	provide	VERB
gp-209	107	15	an	an	DET
gp-209	107	16	overview	overview	NOUN
gp-209	107	17	of	of	ADP
gp-209	107	18	variable	variable	ADJ
gp-209	107	19	data	datum	NOUN
gp-209	107	20	goodwill	goodwill	NOUN
gp-209	107	21	asset	asset	NOUN
gp-209	107	22	,	,	PUNCT
gp-209	107	23	earning	earn	VERB
gp-209	107	24	volatility	volatility	NOUN
gp-209	107	25	,	,	PUNCT
gp-209	107	26	financial	financial	ADJ
gp-209	107	27	flexibility	flexibility	NOUN
gp-209	107	28	,	,	PUNCT
gp-209	107	29	capital	capital	NOUN
gp-209	107	30	structure	structure	NOUN
gp-209	107	31	and	and	CCONJ
gp-209	107	32	financial	financial	ADJ
gp-209	107	33	market	market	NOUN
gp-209	107	34	development	development	NOUN
gp-209	107	35	.	.	PUNCT
gp-209	108	1	in	in	ADP
gp-209	108	2	this	this	DET
gp-209	108	3	study	study	NOUN
gp-209	108	4	,	,	PUNCT
gp-209	108	5	the	the	DET
gp-209	108	6	data	datum	NOUN
gp-209	108	7	will	will	AUX
gp-209	108	8	be	be	AUX
gp-209	108	9	analyzed	analyze	VERB
gp-209	108	10	with	with	ADP
gp-209	108	11	descriptive	descriptive	ADJ
gp-209	108	12	statistics	statistic	NOUN
gp-209	108	13	using	use	VERB
gp-209	108	14	a	a	DET
gp-209	108	15	ratio	ratio	NOUN
gp-209	108	16	scale	scale	NOUN
gp-209	108	17	.	.	PUNCT
gp-209	109	1	this	this	DET
gp-209	109	2	scale	scale	NOUN
gp-209	109	3	is	be	AUX
gp-209	109	4	presented	present	VERB
gp-209	109	5	with	with	ADP
gp-209	109	6	indicators	indicator	NOUN
gp-209	109	7	in	in	ADP
gp-209	109	8	the	the	DET
gp-209	109	9	form	form	NOUN
gp-209	109	10	of	of	ADP
gp-209	109	11	:	:	PUNCT
gp-209	109	12	a.	a.	NOUN
gp-209	109	13	mean	mean	VERB
gp-209	109	14	/	/	SYM
gp-209	109	15	average	average	NOUN
gp-209	109	16	is	be	AUX
gp-209	109	17	a	a	DET
gp-209	109	18	mathematical	mathematical	ADJ
gp-209	109	19	calculation	calculation	NOUN
gp-209	109	20	that	that	PRON
gp-209	109	21	is	be	AUX
gp-209	109	22	able	able	ADJ
gp-209	109	23	to	to	PART
gp-209	109	24	show	show	VERB
gp-209	109	25	the	the	DET
gp-209	109	26	distribution	distribution	NOUN
gp-209	109	27	of	of	ADP
gp-209	109	28	the	the	DET
gp-209	109	29	same	same	ADJ
gp-209	109	30	value	value	NOUN
gp-209	109	31	on	on	ADP
gp-209	109	32	a	a	DET
gp-209	109	33	certain	certain	ADJ
gp-209	109	34	data	datum	NOUN
gp-209	109	35	.	.	PUNCT
gp-209	110	1	b.	b.	PROPN
gp-209	110	2	standard	standard	ADJ
gp-209	110	3	deviation	deviation	NOUN
gp-209	110	4	is	be	AUX
gp-209	110	5	a	a	DET
gp-209	110	6	statistical	statistical	ADJ
gp-209	110	7	measurement	measurement	NOUN
gp-209	110	8	used	use	VERB
gp-209	110	9	to	to	PART
gp-209	110	10	determine	determine	VERB
gp-209	110	11	the	the	DET
gp-209	110	12	spread	spread	NOUN
gp-209	110	13	of	of	ADP
gp-209	110	14	a	a	DET
gp-209	110	15	data	datum	NOUN
gp-209	110	16	set	set	VERB
gp-209	110	17	relative	relative	ADJ
gp-209	110	18	to	to	ADP
gp-209	110	19	the	the	DET
gp-209	110	20	mean	mean	NOUN
gp-209	110	21	and	and	CCONJ
gp-209	110	22	is	be	AUX
gp-209	110	23	calculated	calculate	VERB
gp-209	110	24	as	as	ADP
gp-209	110	25	the	the	DET
gp-209	110	26	square	square	ADJ
gp-209	110	27	root	root	NOUN
gp-209	110	28	of	of	ADP
gp-209	110	29	the	the	DET
gp-209	110	30	variance	variance	NOUN
gp-209	110	31	.	.	PUNCT
gp-209	111	1	c.	c.	NOUN
gp-209	111	2	the	the	DET
gp-209	111	3	maximum	maximum	NOUN
gp-209	111	4	which	which	PRON
gp-209	111	5	is	be	AUX
gp-209	111	6	the	the	DET
gp-209	111	7	largest	large	ADJ
gp-209	111	8	value	value	NOUN
gp-209	111	9	of	of	ADP
gp-209	111	10	a	a	DET
gp-209	111	11	set	set	NOUN
gp-209	111	12	of	of	ADP
gp-209	111	13	data.a	data.a	PUNCT
gp-209	111	14	d.	d.	PROPN
gp-209	111	15	the	the	DET
gp-209	111	16	minimum	minimum	NOUN
gp-209	111	17	which	which	PRON
gp-209	111	18	is	be	AUX
gp-209	111	19	the	the	DET
gp-209	111	20	smallest	small	ADJ
gp-209	111	21	value	value	NOUN
gp-209	111	22	of	of	ADP
gp-209	111	23	a	a	DET
gp-209	111	24	dataset	dataset	NOUN
gp-209	111	25	.	.	PUNCT
gp-209	112	1	2	2	X
gp-209	112	2	.	.	X
gp-209	112	3	panel	panel	NOUN
gp-209	112	4	data	data	PROPN
gp-209	112	5	regression	regression	PROPN
gp-209	112	6	test	test	NOUN
gp-209	112	7	this	this	DET
gp-209	112	8	study	study	NOUN
gp-209	112	9	uses	use	VERB
gp-209	112	10	three	three	NUM
gp-209	112	11	panel	panel	NOUN
gp-209	112	12	data	datum	NOUN
gp-209	112	13	models	model	NOUN
gp-209	112	14	.	.	PUNCT
gp-209	113	1	the	the	DET
gp-209	113	2	panel	panel	NOUN
gp-209	113	3	data	datum	NOUN
gp-209	113	4	model	model	NOUN
gp-209	113	5	applied	apply	VERB
gp-209	113	6	is	be	AUX
gp-209	113	7	as	as	SCONJ
gp-209	113	8	follows	follow	VERB
gp-209	113	9	:	:	PUNCT
gp-209	113	10	csi	csi	PROPN
gp-209	113	11	,	,	PUNCT
gp-209	113	12	t	t	NOUN
gp-209	114	1	=	=	SYM
gp-209	114	2	β0	β0	PROPN
gp-209	115	1	+	+	CCONJ
gp-209	115	2	β1gassi	β1gassi	ADJ
gp-209	115	3	,	,	PUNCT
gp-209	115	4	t+	t+	VERB
gp-209	115	5	β2evoli	β2evoli	NOUN
gp-209	115	6	,	,	PUNCT
gp-209	115	7	t+	t+	X
gp-209	115	8	β3finflexi	β3finflexi	PROPN
gp-209	115	9	,	,	PUNCT
gp-209	115	10	t+εi	t+εi	ADV
gp-209	115	11	,	,	PUNCT
gp-209	115	12	t	t	PROPN
gp-209	115	13	http://www.idx.co.id/	http://www.idx.co.id/	PROPN
gp-209	115	14	american	american	PROPN
gp-209	115	15	journal	journal	PROPN
gp-209	115	16	of	of	ADP
gp-209	115	17	economic	economic	ADJ
gp-209	115	18	and	and	CCONJ
gp-209	115	19	management	management	NOUN
gp-209	115	20	business	business	NOUN
gp-209	115	21	vol	vol	NOUN
gp-209	115	22	.	.	PROPN
gp-209	116	1	4	4	NUM
gp-209	116	2	no	no	NOUN
gp-209	116	3	.	.	NOUN
gp-209	116	4	5	5	NUM
gp-209	116	5	may	may	AUX
gp-209	116	6	2025	2025	NUM
gp-209	116	7	374	374	NUM
gp-209	116	8	information	information	NOUN
gp-209	116	9	:	:	PUNCT
gp-209	117	1	csi	csi	PROPN
gp-209	117	2	,	,	PUNCT
gp-209	117	3	t	t	NOUN
gp-209	117	4	:	:	PUNCT
gp-209	117	5	capital	capital	NOUN
gp-209	117	6	structure	structure	NOUN
gp-209	117	7	company	company	NOUN
gp-209	117	8	i	i	PRON
gp-209	117	9	at	at	ADP
gp-209	117	10	t	t	PROPN
gp-209	117	11	time	time	NOUN
gp-209	117	12	b0	b0	PROPN
gp-209	117	13	:	:	PUNCT
gp-209	117	14	konstanta	konstanta	PROPN
gp-209	117	15	b1	b1	PROPN
gp-209	117	16	-	-	SYM
gp-209	117	17	3	3	NUM
gp-209	117	18	:	:	PUNCT
gp-209	117	19	regression	regression	NOUN
gp-209	117	20	coefficients	coefficient	VERB
gp-209	117	21	gas	gas	NOUN
gp-209	117	22	:	:	PUNCT
gp-209	117	23	goodwill	goodwill	NOUN
gp-209	117	24	asset	asset	NOUN
gp-209	117	25	evol	evol	NOUN
gp-209	117	26	:	:	PUNCT
gp-209	117	27	earning	earn	VERB
gp-209	117	28	volatility	volatility	NOUN
gp-209	117	29	finflexi	finflexi	NOUN
gp-209	117	30	:	:	PUNCT
gp-209	117	31	financial	financial	ADJ
gp-209	117	32	flexibility	flexibility	NOUN
gp-209	118	1	i	i	PRON
gp-209	118	2	:	:	PUNCT
gp-209	118	3	company	company	NOUN
gp-209	118	4	t	t	PROPN
gp-209	118	5	:	:	PUNCT
gp-209	118	6	time	time	NOUN
gp-209	118	7	ε	ε	PROPN
gp-209	118	8	:	:	PUNCT
gp-209	118	9	error	error	NOUN
gp-209	118	10	the	the	DET
gp-209	118	11	regression	regression	NOUN
gp-209	118	12	estimation	estimation	NOUN
gp-209	118	13	of	of	ADP
gp-209	118	14	panel	panel	NOUN
gp-209	118	15	data	datum	NOUN
gp-209	118	16	can	can	AUX
gp-209	118	17	be	be	AUX
gp-209	118	18	classified	classify	VERB
gp-209	118	19	into	into	ADP
gp-209	118	20	three	three	NUM
gp-209	118	21	approaches	approach	NOUN
gp-209	118	22	,	,	PUNCT
gp-209	118	23	including	include	VERB
gp-209	118	24	:	:	PUNCT
gp-209	118	25	common	common	ADJ
gp-209	118	26	effect	effect	NOUN
gp-209	118	27	model	model	NOUN
gp-209	118	28	,	,	PUNCT
gp-209	118	29	fixed	fix	VERB
gp-209	118	30	effect	effect	NOUN
gp-209	118	31	modeland	modeland	VERB
gp-209	118	32	random	random	ADJ
gp-209	118	33	effect	effect	NOUN
gp-209	118	34	model	model	NOUN
gp-209	118	35	model	model	NOUN
gp-209	118	36	random	random	ADJ
gp-209	118	37	effect	effect	NOUN
gp-209	118	38	used	use	VERB
gp-209	118	39	to	to	PART
gp-209	118	40	estimate	estimate	VERB
gp-209	118	41	panel	panel	NOUN
gp-209	118	42	data	datum	NOUN
gp-209	118	43	where	where	SCONJ
gp-209	118	44	there	there	PRON
gp-209	118	45	are	be	VERB
gp-209	118	46	variations	variation	NOUN
gp-209	118	47	in	in	ADP
gp-209	118	48	random	random	ADJ
gp-209	118	49	subject	subject	ADJ
gp-209	118	50	values	value	NOUN
gp-209	118	51	and	and	CCONJ
gp-209	118	52	relationships	relationship	NOUN
gp-209	118	53	.	.	PUNCT
gp-209	119	1	this	this	DET
gp-209	119	2	model	model	NOUN
gp-209	119	3	is	be	AUX
gp-209	119	4	also	also	ADV
gp-209	119	5	called	call	VERB
gp-209	119	6	error	error	NOUN
gp-209	119	7	component	component	NOUN
gp-209	119	8	model	model	NOUN
gp-209	119	9	(	(	PUNCT
gp-209	119	10	ecm	ecm	PROPN
gp-209	119	11	)	)	PUNCT
gp-209	119	12	or	or	CCONJ
gp-209	119	13	generalized	generalize	VERB
gp-209	119	14	least	least	ADJ
gp-209	119	15	square	square	ADJ
gp-209	119	16	(	(	PUNCT
gp-209	119	17	glz	glz	NOUN
gp-209	119	18	)	)	PUNCT
gp-209	119	19	.	.	PUNCT
gp-209	120	1	suhendra	suhendra	NOUN
gp-209	120	2	(	(	PUNCT
gp-209	120	3	2021:176	2021:176	NOUN
gp-209	120	4	)	)	PUNCT
gp-209	120	5	in	in	ADP
gp-209	120	6	determining	determine	VERB
gp-209	120	7	the	the	DET
gp-209	120	8	most	most	ADV
gp-209	120	9	appropriate	appropriate	ADJ
gp-209	120	10	technique	technique	NOUN
gp-209	120	11	,	,	PUNCT
gp-209	120	12	there	there	PRON
gp-209	120	13	are	be	VERB
gp-209	120	14	several	several	ADJ
gp-209	120	15	models	model	NOUN
gp-209	120	16	that	that	PRON
gp-209	120	17	can	can	AUX
gp-209	120	18	be	be	AUX
gp-209	120	19	used	use	VERB
gp-209	120	20	:	:	PUNCT
gp-209	120	21	chow	chow	PROPN
gp-209	120	22	test	test	NOUN
gp-209	120	23	,	,	PUNCT
gp-209	120	24	hausman	hausman	ADJ
gp-209	120	25	test	test	NOUN
gp-209	120	26	and	and	CCONJ
gp-209	120	27	lagrange	lagrange	PROPN
gp-209	120	28	multiplier	multipli	ADJ
gp-209	120	29	test	test	NOUN
gp-209	120	30	3	3	NUM
gp-209	120	31	.	.	PUNCT
gp-209	121	1	uji	uji	PROPN
gp-209	121	2	hypothesis	hypothesis	NOUN
gp-209	121	3	a.	a.	NOUN
gp-209	121	4	r2	r2	PROPN
gp-209	121	5	determination	determination	NOUN
gp-209	121	6	coefficient	coefficient	PROPN
gp-209	121	7	testing	testing	PROPN
gp-209	121	8	b.	b.	PROPN
gp-209	121	9	f	f	PROPN
gp-209	122	1	simultaneous	simultaneous	ADJ
gp-209	122	2	influence	influence	NOUN
gp-209	122	3	test	test	NOUN
gp-209	122	4	(	(	PUNCT
gp-209	122	5	f	f	PROPN
gp-209	122	6	test	test	NOUN
gp-209	122	7	)	)	PUNCT
gp-209	122	8	c.	c.	PROPN
gp-209	122	9	partial	partial	ADJ
gp-209	122	10	influence	influence	NOUN
gp-209	122	11	test	test	NOUN
gp-209	122	12	(	(	PUNCT
gp-209	122	13	t	t	NOUN
gp-209	122	14	-	-	PUNCT
gp-209	122	15	test	test	NOUN
gp-209	122	16	)	)	PUNCT
gp-209	122	17	4	4	NUM
gp-209	122	18	.	.	X
gp-209	123	1	moderated	moderate	VERB
gp-209	123	2	regression	regression	NOUN
gp-209	123	3	analysis	analysis	NOUN
gp-209	123	4	moderated	moderate	VERB
gp-209	123	5	regression	regression	NOUN
gp-209	123	6	analysis	analysis	NOUN
gp-209	123	7	(	(	PUNCT
gp-209	123	8	mra	mra	NOUN
gp-209	123	9	)	)	PUNCT
gp-209	123	10	is	be	AUX
gp-209	123	11	carried	carry	VERB
gp-209	123	12	out	out	ADP
gp-209	123	13	to	to	PART
gp-209	123	14	evaluate	evaluate	VERB
gp-209	123	15	the	the	DET
gp-209	123	16	extent	extent	NOUN
gp-209	123	17	of	of	ADP
gp-209	123	18	the	the	DET
gp-209	123	19	impact	impact	NOUN
gp-209	123	20	of	of	ADP
gp-209	123	21	the	the	DET
gp-209	123	22	goodwill	goodwill	NOUN
gp-209	123	23	asset	asset	NOUN
gp-209	123	24	moderated	moderate	VERB
gp-209	123	25	by	by	ADP
gp-209	123	26	financial	financial	ADJ
gp-209	123	27	market	market	NOUN
gp-209	123	28	development	development	NOUN
gp-209	123	29	,	,	PUNCT
gp-209	123	30	earning	earn	VERB
gp-209	123	31	volatility	volatility	NOUN
gp-209	123	32	,	,	PUNCT
gp-209	123	33	financial	financial	ADJ
gp-209	123	34	flexibility	flexibility	NOUN
gp-209	123	35	against	against	ADP
gp-209	123	36	capital	capital	NOUN
gp-209	123	37	strcucture	strcucture	NOUN
gp-209	123	38	.	.	PUNCT
gp-209	124	1	this	this	DET
gp-209	124	2	analysis	analysis	NOUN
gp-209	124	3	uses	use	VERB
gp-209	124	4	panel	panel	NOUN
gp-209	124	5	data	datum	NOUN
gp-209	124	6	that	that	PRON
gp-209	124	7	includes	include	VERB
gp-209	124	8	independent	independent	ADJ
gp-209	124	9	variables	variable	NOUN
gp-209	124	10	,	,	PUNCT
gp-209	124	11	moderation	moderation	NOUN
gp-209	124	12	variables	variable	NOUN
gp-209	124	13	,	,	PUNCT
gp-209	124	14	interactions	interaction	NOUN
gp-209	124	15	between	between	ADP
gp-209	124	16	independent	independent	ADJ
gp-209	124	17	variables	variable	NOUN
gp-209	124	18	and	and	CCONJ
gp-209	124	19	moderation	moderation	NOUN
gp-209	124	20	variables	variable	NOUN
gp-209	124	21	and	and	CCONJ
gp-209	124	22	dependent	dependent	ADJ
gp-209	124	23	variables	variable	NOUN
gp-209	124	24	.	.	PUNCT
gp-209	125	1	in	in	ADP
gp-209	125	2	this	this	DET
gp-209	125	3	moderation	moderation	NOUN
gp-209	125	4	analysis	analysis	NOUN
gp-209	125	5	estimation	estimation	NOUN
gp-209	125	6	technique	technique	NOUN
gp-209	125	7	,	,	PUNCT
gp-209	125	8	the	the	DET
gp-209	125	9	appropriate	appropriate	ADJ
gp-209	125	10	panel	panel	NOUN
gp-209	125	11	data	datum	NOUN
gp-209	125	12	model	model	NOUN
gp-209	125	13	is	be	AUX
gp-209	125	14	selected	select	VERB
gp-209	125	15	when	when	SCONJ
gp-209	125	16	testing	test	VERB
gp-209	125	17	the	the	DET
gp-209	125	18	panel	panel	NOUN
gp-209	125	19	data	data	PROPN
gp-209	125	20	regression	regression	NOUN
gp-209	125	21	model	model	NOUN
gp-209	125	22	.	.	PUNCT
gp-209	126	1	equations	equation	NOUN
gp-209	126	2	used	use	VERB
gp-209	126	3	in	in	ADP
gp-209	126	4	moderated	moderated	ADJ
gp-209	126	5	regression	regression	NOUN
gp-209	126	6	analysis	analysis	NOUN
gp-209	126	7	(	(	PUNCT
gp-209	126	8	mra	mra	NOUN
gp-209	126	9	)	)	PUNCT
gp-209	126	10	can	can	AUX
gp-209	126	11	be	be	AUX
gp-209	126	12	formulated	formulate	VERB
gp-209	126	13	as	as	SCONJ
gp-209	126	14	follows	follow	VERB
gp-209	126	15	:	:	PUNCT
gp-209	127	1	csi	csi	PROPN
gp-209	127	2	,	,	PUNCT
gp-209	127	3	t	t	NOUN
gp-209	127	4	=	=	SYM
gp-209	127	5	β0	β0	PROPN
gp-209	128	1	+	+	CCONJ
gp-209	128	2	β1gassi	β1gassi	ADJ
gp-209	128	3	,	,	PUNCT
gp-209	128	4	t+	t+	VERB
gp-209	128	5	β2evoli	β2evoli	NOUN
gp-209	128	6	,	,	PUNCT
gp-209	128	7	t+	t+	X
gp-209	128	8	β3finflexi	β3finflexi	PROPN
gp-209	128	9	,	,	PUNCT
gp-209	128	10	t+	t+	PUNCT
gp-209	128	11	β5*moi	β5*moi	PROPN
gp-209	128	12	,	,	PUNCT
gp-209	128	13	t	t	PROPN
gp-209	128	14	+	+	CCONJ
gp-209	128	15	β6gass*moi	β6gass*moi	X
gp-209	128	16	,	,	PUNCT
gp-209	128	17	t+	t+	VERB
gp-209	128	18	εi	εi	VERB
gp-209	128	19	,	,	PUNCT
gp-209	128	20	t	t	PROPN
gp-209	128	21	information	information	NOUN
gp-209	128	22	:	:	PUNCT
gp-209	129	1	csi	csi	PROPN
gp-209	129	2	,	,	PUNCT
gp-209	129	3	t	t	NOUN
gp-209	129	4	:	:	PUNCT
gp-209	129	5	capital	capital	NOUN
gp-209	129	6	structure	structure	NOUN
gp-209	129	7	company	company	NOUN
gp-209	129	8	i	i	PRON
gp-209	129	9	at	at	ADP
gp-209	129	10	t	t	PROPN
gp-209	129	11	time	time	NOUN
gp-209	129	12	b0	b0	PROPN
gp-209	129	13	:	:	PUNCT
gp-209	129	14	konstanta	konstanta	PROPN
gp-209	129	15	b1	b1	PROPN
gp-209	129	16	-	-	PUNCT
gp-209	129	17	6	6	NUM
gp-209	129	18	:	:	PUNCT
gp-209	129	19	regression	regression	NOUN
gp-209	129	20	coefficients	coefficient	NOUN
gp-209	129	21	gas	gas	NOUN
gp-209	129	22	:	:	PUNCT
gp-209	129	23	goodwill	goodwill	NOUN
gp-209	129	24	asset	asset	NOUN
gp-209	129	25	evol	evol	NOUN
gp-209	129	26	:	:	PUNCT
gp-209	129	27	earning	earn	VERB
gp-209	129	28	volatility	volatility	NOUN
gp-209	129	29	finflexi	finflexi	NOUN
gp-209	129	30	:	:	PUNCT
gp-209	129	31	financial	financial	ADJ
gp-209	129	32	flexibility	flexibility	NOUN
gp-209	129	33	mo	mo	NOUN
gp-209	129	34	:	:	PUNCT
gp-209	129	35	financial	financial	ADJ
gp-209	129	36	market	market	NOUN
gp-209	129	37	development	development	NOUN
gp-209	129	38	gass*mo	gass*mo	PROPN
gp-209	129	39	:	:	PUNCT
gp-209	130	1	mo	mo	PROPN
gp-209	130	2	moderates	moderate	VERB
gp-209	130	3	relationships	relationship	NOUN
gp-209	130	4	goodwill	goodwill	VERB
gp-209	130	5	asset	asset	NOUN
gp-209	130	6	with	with	ADP
gp-209	130	7	capital	capital	NOUN
gp-209	130	8	structure	structure	NOUN
gp-209	131	1	i	i	PRON
gp-209	131	2	:	:	PUNCT
gp-209	131	3	cross	cross	PROPN
gp-209	131	4	section	section	PROPN
gp-209	131	5	t	t	PROPN
gp-209	131	6	:	:	PUNCT
gp-209	131	7	time	time	PROPN
gp-209	131	8	series	series	PROPN
gp-209	131	9	joko	joko	PROPN
gp-209	131	10	kristanto	kristanto	PROPN
gp-209	131	11	,	,	PUNCT
gp-209	131	12	irni	irni	NOUN
gp-209	131	13	yunita	yunita	PROPN
gp-209	131	14	375	375	NUM
gp-209	131	15	ε	ε	NOUN
gp-209	131	16	:	:	PUNCT
gp-209	131	17	error	error	NOUN
gp-209	131	18	a.	a.	NOUN
gp-209	131	19	pengujian	pengujian	PROPN
gp-209	131	20	hipotesis	hipotesis	PROPN
gp-209	131	21	moderated	moderate	VERB
gp-209	131	22	regression	regression	NOUN
gp-209	131	23	analysis	analysis	NOUN
gp-209	131	24	moderated	moderate	VERB
gp-209	131	25	regression	regression	NOUN
gp-209	131	26	analysis	analysis	NOUN
gp-209	131	27	hypothesis	hypothesis	NOUN
gp-209	131	28	testing	testing	NOUN
gp-209	131	29	was	be	AUX
gp-209	131	30	carried	carry	VERB
gp-209	131	31	out	out	ADP
gp-209	131	32	to	to	PART
gp-209	131	33	assess	assess	VERB
gp-209	131	34	the	the	DET
gp-209	131	35	influence	influence	NOUN
gp-209	131	36	of	of	ADP
gp-209	131	37	independent	independent	ADJ
gp-209	131	38	variables	variable	NOUN
gp-209	131	39	on	on	ADP
gp-209	131	40	dependent	dependent	ADJ
gp-209	131	41	variables	variable	NOUN
gp-209	131	42	either	either	CCONJ
gp-209	131	43	collectively	collectively	ADV
gp-209	131	44	(	(	PUNCT
gp-209	131	45	simultaneously	simultaneously	ADV
gp-209	131	46	)	)	PUNCT
gp-209	131	47	or	or	CCONJ
gp-209	131	48	individually	individually	ADV
gp-209	131	49	(	(	PUNCT
gp-209	131	50	partially	partially	ADV
gp-209	131	51	)	)	PUNCT
gp-209	131	52	by	by	ADP
gp-209	131	53	considering	consider	VERB
gp-209	131	54	the	the	DET
gp-209	131	55	influence	influence	NOUN
gp-209	131	56	of	of	ADP
gp-209	131	57	moderation	moderation	NOUN
gp-209	131	58	provided	provide	VERB
gp-209	131	59	by	by	ADP
gp-209	131	60	the	the	DET
gp-209	131	61	moderation	moderation	NOUN
gp-209	131	62	variables	variable	NOUN
gp-209	131	63	.	.	PUNCT
gp-209	132	1	b.	b.	PROPN
gp-209	132	2	coefficient	coefficient	NOUN
gp-209	132	3	of	of	ADP
gp-209	132	4	determination	determination	NOUN
gp-209	132	5	(	(	PUNCT
gp-209	132	6	r	r	NOUN
gp-209	132	7	square	square	NOUN
gp-209	132	8	)	)	PUNCT
gp-209	132	9	r	r	NOUN
gp-209	132	10	-	-	PUNCT
gp-209	132	11	square	square	NOUN
gp-209	132	12	is	be	AUX
gp-209	132	13	used	use	VERB
gp-209	132	14	as	as	ADP
gp-209	132	15	a	a	DET
gp-209	132	16	tool	tool	NOUN
gp-209	132	17	to	to	PART
gp-209	132	18	measure	measure	VERB
gp-209	132	19	the	the	DET
gp-209	132	20	extent	extent	NOUN
gp-209	132	21	to	to	PART
gp-209	132	22	which	which	PRON
gp-209	132	23	dependent	dependent	ADJ
gp-209	132	24	variables	variable	NOUN
gp-209	132	25	can	can	AUX
gp-209	132	26	explain	explain	VERB
gp-209	132	27	variations	variation	NOUN
gp-209	132	28	in	in	ADP
gp-209	132	29	their	their	PRON
gp-209	132	30	dependent	dependent	ADJ
gp-209	132	31	variables	variable	NOUN
gp-209	132	32	to	to	PART
gp-209	132	33	see	see	VERB
gp-209	132	34	the	the	DET
gp-209	132	35	extent	extent	NOUN
gp-209	132	36	to	to	PART
gp-209	132	37	which	which	PRON
gp-209	132	38	the	the	DET
gp-209	132	39	variables	variable	NOUN
gp-209	132	40	of	of	ADP
gp-209	132	41	asset	asset	NOUN
gp-209	132	42	goodwill	goodwill	NOUN
gp-209	132	43	,	,	PUNCT
gp-209	132	44	earning	earn	VERB
gp-209	132	45	volatility	volatility	NOUN
gp-209	132	46	and	and	CCONJ
gp-209	132	47	financial	financial	ADJ
gp-209	132	48	flexibility	flexibility	NOUN
gp-209	132	49	affect	affect	VERB
gp-209	132	50	the	the	DET
gp-209	132	51	capital	capital	NOUN
gp-209	132	52	structure	structure	NOUN
gp-209	132	53	when	when	SCONJ
gp-209	132	54	moderated	moderate	VERB
gp-209	132	55	by	by	ADP
gp-209	132	56	financial	financial	ADJ
gp-209	132	57	market	market	NOUN
gp-209	132	58	development	development	NOUN
gp-209	132	59	.	.	PUNCT
gp-209	133	1	c.	c.	PROPN
gp-209	133	2	simultaneous	simultaneous	ADJ
gp-209	133	3	test	test	NOUN
gp-209	133	4	(	(	PUNCT
gp-209	133	5	f	f	PROPN
gp-209	133	6	test	test	NOUN
gp-209	133	7	)	)	PUNCT
gp-209	134	1	the	the	DET
gp-209	134	2	f	f	PROPN
gp-209	134	3	test	test	NOUN
gp-209	134	4	was	be	AUX
gp-209	134	5	conducted	conduct	VERB
gp-209	134	6	to	to	PART
gp-209	134	7	evaluate	evaluate	VERB
gp-209	134	8	whether	whether	SCONJ
gp-209	134	9	together	together	ADV
gp-209	134	10	the	the	DET
gp-209	134	11	dependent	dependent	ADJ
gp-209	134	12	variables	variable	NOUN
gp-209	134	13	had	have	VERB
gp-209	134	14	a	a	DET
gp-209	134	15	significant	significant	ADJ
gp-209	134	16	influence	influence	NOUN
gp-209	134	17	on	on	ADP
gp-209	134	18	the	the	DET
gp-209	134	19	dependent	dependent	ADJ
gp-209	134	20	variables	variable	NOUN
gp-209	134	21	moderated	moderate	VERB
gp-209	134	22	by	by	ADP
gp-209	134	23	the	the	DET
gp-209	134	24	moderation	moderation	NOUN
gp-209	134	25	variable	variable	NOUN
gp-209	134	26	,	,	PUNCT
gp-209	134	27	with	with	ADP
gp-209	134	28	a	a	DET
gp-209	134	29	significance	significance	NOUN
gp-209	134	30	level	level	NOUN
gp-209	134	31	of	of	ADP
gp-209	134	32	95	95	NUM
gp-209	134	33	%	%	NOUN
gp-209	134	34	(	(	PUNCT
gp-209	134	35	α	α	NOUN
gp-209	134	36	=	=	NOUN
gp-209	134	37	0.05	0.05	NUM
gp-209	134	38	)	)	PUNCT
gp-209	134	39	.	.	PUNCT
gp-209	135	1	d.	d.	PROPN
gp-209	135	2	partial	partial	ADJ
gp-209	135	3	test	test	NOUN
gp-209	135	4	(	(	PUNCT
gp-209	135	5	t	t	NOUN
gp-209	135	6	-	-	PUNCT
gp-209	135	7	test	test	NOUN
gp-209	135	8	)	)	PUNCT
gp-209	135	9	a	a	DET
gp-209	135	10	partial	partial	ADJ
gp-209	135	11	test	test	NOUN
gp-209	135	12	was	be	AUX
gp-209	135	13	conducted	conduct	VERB
gp-209	135	14	to	to	PART
gp-209	135	15	evaluate	evaluate	VERB
gp-209	135	16	the	the	DET
gp-209	135	17	individual	individual	ADJ
gp-209	135	18	or	or	CCONJ
gp-209	135	19	partial	partial	ADJ
gp-209	135	20	influence	influence	NOUN
gp-209	135	21	of	of	ADP
gp-209	135	22	independent	independent	ADJ
gp-209	135	23	variables	variable	NOUN
gp-209	135	24	on	on	ADP
gp-209	135	25	dependent	dependent	ADJ
gp-209	135	26	variables	variable	NOUN
gp-209	135	27	by	by	ADP
gp-209	135	28	considering	consider	VERB
gp-209	135	29	the	the	DET
gp-209	135	30	influence	influence	NOUN
gp-209	135	31	of	of	ADP
gp-209	135	32	the	the	DET
gp-209	135	33	moderation	moderation	NOUN
gp-209	135	34	variable	variable	NOUN
gp-209	135	35	with	with	ADP
gp-209	135	36	a	a	DET
gp-209	135	37	significance	significance	NOUN
gp-209	135	38	level	level	NOUN
gp-209	135	39	of	of	ADP
gp-209	135	40	95	95	NUM
gp-209	135	41	%	%	NOUN
gp-209	135	42	(	(	PUNCT
gp-209	135	43	α	α	NOUN
gp-209	135	44	=	=	NOUN
gp-209	135	45	0.05	0.05	NUM
gp-209	135	46	)	)	PUNCT
gp-209	135	47	.	.	PUNCT
gp-209	136	1	result	result	NOUN
gp-209	136	2	and	and	CCONJ
gp-209	136	3	discussion	discussion	NOUN
gp-209	136	4	descriptive	descriptive	ADJ
gp-209	136	5	statistical	statistical	ADJ
gp-209	136	6	analysis	analysis	NOUN
gp-209	136	7	descriptive	descriptive	ADJ
gp-209	136	8	statistical	statistical	ADJ
gp-209	136	9	analysis	analysis	NOUN
gp-209	136	10	is	be	AUX
gp-209	136	11	used	use	VERB
gp-209	136	12	to	to	PART
gp-209	136	13	provide	provide	VERB
gp-209	136	14	an	an	DET
gp-209	136	15	overview	overview	NOUN
gp-209	136	16	related	relate	VERB
gp-209	136	17	to	to	ADP
gp-209	136	18	the	the	DET
gp-209	136	19	research	research	NOUN
gp-209	136	20	variables	variable	NOUN
gp-209	136	21	.	.	PUNCT
gp-209	137	1	the	the	DET
gp-209	137	2	independent	independent	ADJ
gp-209	137	3	variables	variable	NOUN
gp-209	137	4	of	of	ADP
gp-209	137	5	the	the	DET
gp-209	137	6	study	study	NOUN
gp-209	137	7	consisted	consist	VERB
gp-209	137	8	of	of	ADP
gp-209	137	9	goodwill	goodwill	NOUN
gp-209	137	10	assets	asset	NOUN
gp-209	137	11	(	(	PUNCT
gp-209	137	12	gass	gass	PROPN
gp-209	137	13	)	)	PUNCT
gp-209	137	14	,	,	PUNCT
gp-209	137	15	earning	earn	VERB
gp-209	137	16	volatility	volatility	NOUN
gp-209	137	17	(	(	PUNCT
gp-209	137	18	evol	evol	NOUN
gp-209	137	19	)	)	PUNCT
gp-209	137	20	and	and	CCONJ
gp-209	137	21	financial	financial	ADJ
gp-209	137	22	flexibility	flexibility	NOUN
gp-209	137	23	(	(	PUNCT
gp-209	137	24	finflex	finflex	NOUN
gp-209	137	25	)	)	PUNCT
gp-209	137	26	.	.	PUNCT
gp-209	138	1	the	the	DET
gp-209	138	2	dependent	dependent	ADJ
gp-209	138	3	variable	variable	NOUN
gp-209	138	4	of	of	ADP
gp-209	138	5	capital	capital	NOUN
gp-209	138	6	structure	structure	NOUN
gp-209	138	7	(	(	PUNCT
gp-209	138	8	cs	cs	PROPN
gp-209	138	9	)	)	PUNCT
gp-209	138	10	with	with	ADP
gp-209	138	11	the	the	DET
gp-209	138	12	proxy	proxy	ADJ
gp-209	138	13	debt	debt	NOUN
gp-209	138	14	to	to	ADP
gp-209	138	15	asset	asset	NOUN
gp-209	138	16	ratio	ratio	NOUN
gp-209	138	17	and	and	CCONJ
gp-209	138	18	the	the	DET
gp-209	138	19	moderation	moderation	NOUN
gp-209	138	20	variable	variable	NOUN
gp-209	138	21	of	of	ADP
gp-209	138	22	financial	financial	ADJ
gp-209	138	23	market	market	NOUN
gp-209	138	24	development	development	NOUN
gp-209	138	25	(	(	PUNCT
gp-209	138	26	mo	mo	NOUN
gp-209	138	27	)	)	PUNCT
gp-209	138	28	.	.	PUNCT
gp-209	139	1	these	these	DET
gp-209	139	2	variables	variable	NOUN
gp-209	139	3	are	be	AUX
gp-209	139	4	found	find	VERB
gp-209	139	5	in	in	ADP
gp-209	139	6	the	the	DET
gp-209	139	7	research	research	NOUN
gp-209	139	8	sample	sample	NOUN
gp-209	139	9	that	that	PRON
gp-209	139	10	has	have	AUX
gp-209	139	11	been	be	AUX
gp-209	139	12	determined	determine	VERB
gp-209	139	13	in	in	ADP
gp-209	139	14	chapter	chapter	NOUN
gp-209	139	15	3	3	NUM
gp-209	139	16	of	of	ADP
gp-209	139	17	this	this	DET
gp-209	139	18	study	study	NOUN
gp-209	139	19	,	,	PUNCT
gp-209	139	20	namely	namely	ADV
gp-209	139	21	20	20	NUM
gp-209	139	22	transportation	transportation	NOUN
gp-209	139	23	and	and	CCONJ
gp-209	139	24	logistics	logistic	NOUN
gp-209	139	25	companies	company	NOUN
gp-209	139	26	listed	list	VERB
gp-209	139	27	on	on	ADP
gp-209	139	28	the	the	DET
gp-209	139	29	indonesia	indonesia	PROPN
gp-209	139	30	stock	stock	PROPN
gp-209	139	31	exchange	exchange	PROPN
gp-209	139	32	(	(	PUNCT
gp-209	139	33	idx	idx	PROPN
gp-209	139	34	)	)	PUNCT
gp-209	139	35	from	from	ADP
gp-209	139	36	2018	2018	NUM
gp-209	139	37	-	-	SYM
gp-209	139	38	2023	2023	NUM
gp-209	139	39	.	.	PUNCT
gp-209	140	1	the	the	DET
gp-209	140	2	descriptive	descriptive	ADJ
gp-209	140	3	statistical	statistical	ADJ
gp-209	140	4	analysis	analysis	NOUN
gp-209	140	5	used	use	VERB
gp-209	140	6	in	in	ADP
gp-209	140	7	this	this	DET
gp-209	140	8	study	study	NOUN
gp-209	140	9	includes	include	VERB
gp-209	140	10	mean	mean	ADJ
gp-209	140	11	values	value	NOUN
gp-209	140	12	,	,	PUNCT
gp-209	140	13	maximum	maximum	ADJ
gp-209	140	14	values	value	NOUN
gp-209	140	15	,	,	PUNCT
gp-209	140	16	minimum	minimum	ADJ
gp-209	140	17	values	value	NOUN
gp-209	140	18	and	and	CCONJ
gp-209	140	19	standard	standard	ADJ
gp-209	140	20	deviation	deviation	NOUN
gp-209	140	21	values	value	NOUN
gp-209	140	22	as	as	ADV
gp-209	140	23	well	well	ADV
gp-209	140	24	as	as	ADP
gp-209	140	25	the	the	DET
gp-209	140	26	amount	amount	NOUN
gp-209	140	27	of	of	ADP
gp-209	140	28	observation	observation	NOUN
gp-209	140	29	data	datum	NOUN
gp-209	140	30	.	.	PUNCT
gp-209	141	1	the	the	DET
gp-209	141	2	mean	mean	ADJ
gp-209	141	3	value	value	NOUN
gp-209	141	4	is	be	AUX
gp-209	141	5	the	the	DET
gp-209	141	6	average	average	ADJ
gp-209	141	7	value	value	NOUN
gp-209	141	8	generated	generate	VERB
gp-209	141	9	from	from	ADP
gp-209	141	10	the	the	DET
gp-209	141	11	sum	sum	NOUN
gp-209	141	12	of	of	ADP
gp-209	141	13	all	all	DET
gp-209	141	14	data	datum	NOUN
gp-209	141	15	divided	divide	VERB
gp-209	141	16	by	by	ADP
gp-209	141	17	the	the	DET
gp-209	141	18	number	number	NOUN
gp-209	141	19	of	of	ADP
gp-209	141	20	data	datum	NOUN
gp-209	141	21	observations	observation	NOUN
gp-209	141	22	.	.	PUNCT
gp-209	142	1	the	the	DET
gp-209	142	2	minimum	minimum	ADJ
gp-209	142	3	value	value	NOUN
gp-209	142	4	is	be	AUX
gp-209	142	5	the	the	DET
gp-209	142	6	smallest	small	ADJ
gp-209	142	7	value	value	NOUN
gp-209	142	8	or	or	CCONJ
gp-209	142	9	lower	low	ADJ
gp-209	142	10	limit	limit	NOUN
gp-209	142	11	of	of	ADP
gp-209	142	12	the	the	DET
gp-209	142	13	data	datum	NOUN
gp-209	142	14	.	.	PUNCT
gp-209	143	1	the	the	DET
gp-209	143	2	maximum	maximum	ADJ
gp-209	143	3	value	value	NOUN
gp-209	143	4	is	be	AUX
gp-209	143	5	the	the	DET
gp-209	143	6	highest	high	ADJ
gp-209	143	7	value	value	NOUN
gp-209	143	8	or	or	CCONJ
gp-209	143	9	upper	upper	ADJ
gp-209	143	10	limit	limit	NOUN
gp-209	143	11	of	of	ADP
gp-209	143	12	the	the	DET
gp-209	143	13	data	datum	NOUN
gp-209	143	14	.	.	PUNCT
gp-209	144	1	standard	standard	ADJ
gp-209	144	2	deviation	deviation	NOUN
gp-209	144	3	is	be	AUX
gp-209	144	4	a	a	DET
gp-209	144	5	measure	measure	NOUN
gp-209	144	6	of	of	ADP
gp-209	144	7	the	the	DET
gp-209	144	8	distribution	distribution	NOUN
gp-209	144	9	of	of	ADP
gp-209	144	10	data	datum	NOUN
gp-209	144	11	in	in	ADP
gp-209	144	12	a	a	DET
gp-209	144	13	sample	sample	NOUN
gp-209	144	14	that	that	PRON
gp-209	144	15	shows	show	VERB
gp-209	144	16	the	the	DET
gp-209	144	17	extent	extent	NOUN
gp-209	144	18	to	to	PART
gp-209	144	19	which	which	PRON
gp-209	144	20	the	the	DET
gp-209	144	21	value	value	NOUN
gp-209	144	22	of	of	ADP
gp-209	144	23	the	the	DET
gp-209	144	24	data	data	NOUN
gp-209	144	25	deviates	deviate	VERB
gp-209	144	26	from	from	ADP
gp-209	144	27	the	the	DET
gp-209	144	28	average	average	ADJ
gp-209	144	29	value	value	NOUN
gp-209	144	30	of	of	ADP
gp-209	144	31	the	the	DET
gp-209	144	32	data	datum	NOUN
gp-209	144	33	.	.	PUNCT
gp-209	145	1	the	the	DET
gp-209	145	2	results	result	NOUN
gp-209	145	3	of	of	ADP
gp-209	145	4	the	the	DET
gp-209	145	5	descriptive	descriptive	ADJ
gp-209	145	6	analysis	analysis	NOUN
gp-209	145	7	produced	produce	VERB
gp-209	145	8	the	the	DET
gp-209	145	9	following	follow	VERB
gp-209	145	10	data	data	NOUN
gp-209	145	11	:	:	PUNCT
gp-209	145	12	table	table	NOUN
gp-209	145	13	2	2	NUM
gp-209	145	14	.	.	PUNCT
gp-209	145	15	descriptive	descriptive	ADJ
gp-209	145	16	statistical	statistical	ADJ
gp-209	145	17	analysis	analysis	NOUN
gp-209	145	18	results	result	VERB
gp-209	146	1	x1	x1	NOUN
gp-209	147	1	x2	x2	NOUN
gp-209	147	2	x3	x3	ADJ
gp-209	147	3	and	and	CCONJ
gp-209	147	4	with	with	ADP
gp-209	147	5	american	american	ADJ
gp-209	147	6	journal	journal	PROPN
gp-209	147	7	of	of	ADP
gp-209	147	8	economic	economic	ADJ
gp-209	147	9	and	and	CCONJ
gp-209	147	10	management	management	NOUN
gp-209	147	11	business	business	NOUN
gp-209	147	12	vol	vol	NOUN
gp-209	147	13	.	.	PROPN
gp-209	148	1	4	4	NUM
gp-209	148	2	no	no	NOUN
gp-209	148	3	.	.	NOUN
gp-209	148	4	5	5	NUM
gp-209	148	5	may	may	AUX
gp-209	148	6	2025	2025	NUM
gp-209	148	7	376	376	NUM
gp-209	148	8	mean	mean	VERB
gp-209	149	1	-0,155763	-0,155763	PROPN
gp-209	149	2	0,108509	0,108509	PROPN
gp-209	149	3	-1.028684	-1.028684	NOUN
gp-209	150	1	0.655175	0.655175	NUM
gp-209	150	2	0.344211	0.344211	NUM
gp-209	150	3	maximum	maximum	ADJ
gp-209	150	4	1.294854	1.294854	NUM
gp-209	150	5	1.620000	1.620000	NUM
gp-209	150	6	0.580000	0.580000	NUM
gp-209	150	7	3.140000	3.140000	NUM
gp-209	150	8	0.360000	0.360000	NUM
gp-209	150	9	minimum	minimum	ADJ
gp-209	150	10	-1.990408	-1.990408	NOUN
gp-209	150	11	0.000000	0.000000	NUM
gp-209	150	12	-18.70000	-18.70000	NUM
gp-209	150	13	0.110000	0.110000	NUM
gp-209	150	14	0.330000	0.330000	NUM
gp-209	150	15	st	st	PROPN
gp-209	150	16	dev	dev	PROPN
gp-209	150	17	0.547371	0.547371	NUM
gp-209	150	18	0.246240	0.246240	NUM
gp-209	150	19	2.958585	2.958585	NUM
gp-209	150	20	0.522035	0.522035	NUM
gp-209	150	21	0.009207	0.009207	NUM
gp-209	150	22	observation	observation	NOUN
gp-209	150	23	114	114	NUM
gp-209	150	24	114	114	NUM
gp-209	150	25	114	114	NUM
gp-209	150	26	114	114	NUM
gp-209	150	27	114	114	NUM
gp-209	150	28	source	source	NOUN
gp-209	150	29	:	:	PUNCT
gp-209	150	30	researcher	researcher	NOUN
gp-209	150	31	's	's	PART
gp-209	150	32	processed	process	VERB
gp-209	150	33	data	datum	NOUN
gp-209	150	34	(	(	PUNCT
gp-209	150	35	2025	2025	NUM
gp-209	150	36	)	)	PUNCT
gp-209	150	37	a.	a.	NOUN
gp-209	150	38	goodwill	goodwill	NOUN
gp-209	150	39	asset	asset	NOUN
gp-209	150	40	(	(	PUNCT
gp-209	150	41	x1	x1	PROPN
gp-209	150	42	)	)	PUNCT
gp-209	150	43	based	base	VERB
gp-209	150	44	on	on	ADP
gp-209	150	45	table	table	NOUN
gp-209	150	46	4.1	4.1	NUM
gp-209	150	47	the	the	DET
gp-209	150	48	mean	mean	NOUN
gp-209	150	49	of	of	ADP
gp-209	150	50	goodwill	goodwill	NOUN
gp-209	150	51	asset	asset	NOUN
gp-209	150	52	data	datum	NOUN
gp-209	150	53	is	be	AUX
gp-209	150	54	-0.155763	-0.155763	VERB
gp-209	150	55	,	,	PUNCT
gp-209	150	56	the	the	DET
gp-209	150	57	highest	high	ADJ
gp-209	150	58	goodwill	goodwill	NOUN
gp-209	150	59	asset	asset	NOUN
gp-209	150	60	value	value	NOUN
gp-209	150	61	reaches	reach	VERB
gp-209	150	62	1.294854	1.294854	NUM
gp-209	150	63	and	and	CCONJ
gp-209	150	64	the	the	DET
gp-209	150	65	lowest	low	ADJ
gp-209	150	66	is	be	AUX
gp-209	150	67	-1.990408	-1.990408	ADJ
gp-209	150	68	and	and	CCONJ
gp-209	150	69	with	with	ADP
gp-209	150	70	standard	standard	ADJ
gp-209	150	71	deviation	deviation	NOUN
gp-209	150	72	can	can	AUX
gp-209	150	73	be	be	AUX
gp-209	150	74	seen	see	VERB
gp-209	150	75	the	the	DET
gp-209	150	76	level	level	NOUN
gp-209	150	77	of	of	ADP
gp-209	150	78	data	datum	NOUN
gp-209	150	79	spread	spread	NOUN
gp-209	150	80	(	(	PUNCT
gp-209	150	81	variance	variance	NOUN
gp-209	150	82	)	)	PUNCT
gp-209	150	83	of	of	ADP
gp-209	150	84	goodwill	goodwill	NOUN
gp-209	150	85	assets	asset	NOUN
gp-209	150	86	deviating	deviate	VERB
gp-209	150	87	from	from	ADP
gp-209	150	88	the	the	DET
gp-209	150	89	average	average	NOUN
gp-209	150	90	of	of	ADP
gp-209	150	91	0.547371	0.547371	NUM
gp-209	150	92	.	.	PUNCT
gp-209	151	1	in	in	ADP
gp-209	151	2	companies	company	NOUN
gp-209	151	3	listed	list	VERB
gp-209	151	4	in	in	ADP
gp-209	151	5	the	the	DET
gp-209	151	6	transportation	transportation	NOUN
gp-209	151	7	and	and	CCONJ
gp-209	151	8	logistics	logistic	NOUN
gp-209	151	9	sectors	sector	NOUN
gp-209	151	10	that	that	PRON
gp-209	151	11	have	have	VERB
gp-209	151	12	a	a	DET
gp-209	151	13	negative	negative	ADJ
gp-209	151	14	goodwill	goodwill	NOUN
gp-209	151	15	asset	asset	NOUN
gp-209	151	16	value	value	NOUN
gp-209	151	17	,	,	PUNCT
gp-209	151	18	it	it	PRON
gp-209	151	19	is	be	AUX
gp-209	151	20	due	due	ADJ
gp-209	151	21	to	to	ADP
gp-209	151	22	a	a	DET
gp-209	151	23	lower	low	ADJ
gp-209	151	24	enterprise	enterprise	NOUN
gp-209	151	25	value	value	NOUN
gp-209	151	26	compared	compare	VERB
gp-209	151	27	to	to	ADP
gp-209	151	28	total	total	ADJ
gp-209	151	29	assets	asset	NOUN
gp-209	151	30	.	.	PUNCT
gp-209	152	1	the	the	DET
gp-209	152	2	low	low	ADJ
gp-209	152	3	enterprise	enterprise	NOUN
gp-209	152	4	value	value	NOUN
gp-209	152	5	is	be	AUX
gp-209	152	6	due	due	ADJ
gp-209	152	7	to	to	ADP
gp-209	152	8	the	the	DET
gp-209	152	9	low	low	ADJ
gp-209	152	10	market	market	NOUN
gp-209	152	11	capitalization	capitalization	NOUN
gp-209	152	12	value	value	NOUN
gp-209	152	13	or	or	CCONJ
gp-209	152	14	the	the	DET
gp-209	152	15	low	low	ADJ
gp-209	152	16	performance	performance	NOUN
gp-209	152	17	of	of	ADP
gp-209	152	18	issuers	issuer	NOUN
gp-209	152	19	in	in	ADP
gp-209	152	20	the	the	DET
gp-209	152	21	stock	stock	NOUN
gp-209	152	22	market	market	NOUN
gp-209	152	23	,	,	PUNCT
gp-209	152	24	especially	especially	ADV
gp-209	152	25	during	during	ADP
gp-209	152	26	the	the	DET
gp-209	152	27	covid-19	covid-19	PROPN
gp-209	152	28	pandemic	pandemic	NOUN
gp-209	152	29	or	or	CCONJ
gp-209	152	30	the	the	DET
gp-209	152	31	high	high	ADJ
gp-209	152	32	level	level	NOUN
gp-209	152	33	of	of	ADP
gp-209	152	34	retained	retain	VERB
gp-209	152	35	earnings	earning	NOUN
gp-209	152	36	owned	own	VERB
gp-209	152	37	by	by	ADP
gp-209	152	38	the	the	DET
gp-209	152	39	company	company	NOUN
gp-209	152	40	.	.	PUNCT
gp-209	153	1	if	if	SCONJ
gp-209	153	2	the	the	DET
gp-209	153	3	low	low	ADJ
gp-209	153	4	market	market	NOUN
gp-209	153	5	capitalization	capitalization	NOUN
gp-209	153	6	value	value	NOUN
gp-209	153	7	and	and	CCONJ
gp-209	153	8	also	also	ADV
gp-209	153	9	the	the	DET
gp-209	153	10	high	high	ADJ
gp-209	153	11	level	level	NOUN
gp-209	153	12	of	of	ADP
gp-209	153	13	retained	retain	VERB
gp-209	153	14	earnings	earning	NOUN
gp-209	153	15	indicate	indicate	VERB
gp-209	153	16	a	a	DET
gp-209	153	17	reduction	reduction	NOUN
gp-209	153	18	in	in	ADP
gp-209	153	19	the	the	DET
gp-209	153	20	level	level	NOUN
gp-209	153	21	of	of	ADP
gp-209	153	22	investor	investor	NOUN
gp-209	153	23	confidence	confidence	NOUN
gp-209	153	24	in	in	ADP
gp-209	153	25	the	the	DET
gp-209	153	26	investment	investment	NOUN
gp-209	153	27	plan	plan	NOUN
gp-209	153	28	carried	carry	VERB
gp-209	153	29	out	out	ADP
gp-209	153	30	by	by	ADP
gp-209	153	31	the	the	DET
gp-209	153	32	company	company	NOUN
gp-209	153	33	.	.	PUNCT
gp-209	154	1	based	base	VERB
gp-209	154	2	on	on	ADP
gp-209	154	3	the	the	DET
gp-209	154	4	results	result	NOUN
gp-209	154	5	of	of	ADP
gp-209	154	6	the	the	DET
gp-209	154	7	calculation	calculation	NOUN
gp-209	154	8	,	,	PUNCT
gp-209	154	9	the	the	DET
gp-209	154	10	value	value	NOUN
gp-209	154	11	of	of	ADP
gp-209	154	12	the	the	DET
gp-209	154	13	goodwill	goodwill	NOUN
gp-209	154	14	asset	asset	NOUN
gp-209	154	15	in	in	ADP
gp-209	154	16	pt	pt	PROPN
gp-209	154	17	.	.	PROPN
gp-209	154	18	mineral	mineral	NOUN
gp-209	154	19	resources	resource	NOUN
gp-209	154	20	mandiri	mandiri	ADV
gp-209	154	21	,	,	PUNCT
gp-209	154	22	tbk	tbk	PROPN
gp-209	154	23	is	be	AUX
gp-209	154	24	0.39	0.39	NUM
gp-209	154	25	.	.	PUNCT
gp-209	155	1	this	this	PRON
gp-209	155	2	means	mean	VERB
gp-209	155	3	that	that	SCONJ
gp-209	155	4	the	the	DET
gp-209	155	5	enterprise	enterprise	NOUN
gp-209	155	6	value	value	NOUN
gp-209	155	7	of	of	ADP
gp-209	155	8	the	the	DET
gp-209	155	9	passive	passive	ADJ
gp-209	155	10	post	post	NOUN
gp-209	155	11	owned	own	VERB
gp-209	155	12	by	by	ADP
gp-209	155	13	pt	pt	PROPN
gp-209	155	14	.	.	PROPN
gp-209	155	15	mineral	mineral	NOUN
gp-209	155	16	resources	resource	NOUN
gp-209	155	17	mandiri	mandiri	ADV
gp-209	155	18	,	,	PUNCT
gp-209	155	19	tbk	tbk	PROPN
gp-209	155	20	is	be	AUX
gp-209	155	21	greater	great	ADJ
gp-209	155	22	than	than	ADP
gp-209	155	23	the	the	DET
gp-209	155	24	value	value	NOUN
gp-209	155	25	of	of	ADP
gp-209	155	26	the	the	DET
gp-209	155	27	total	total	ADJ
gp-209	155	28	assets	asset	NOUN
gp-209	155	29	in	in	ADP
gp-209	155	30	the	the	DET
gp-209	155	31	asset	asset	NOUN
gp-209	155	32	item	item	NOUN
gp-209	155	33	in	in	ADP
gp-209	155	34	the	the	DET
gp-209	155	35	financial	financial	ADJ
gp-209	155	36	statements	statement	NOUN
gp-209	155	37	.	.	PUNCT
gp-209	156	1	the	the	DET
gp-209	156	2	difference	difference	NOUN
gp-209	156	3	is	be	AUX
gp-209	156	4	due	due	ADJ
gp-209	156	5	to	to	ADP
gp-209	156	6	the	the	DET
gp-209	156	7	goodwill	goodwill	NOUN
gp-209	156	8	content	content	NOUN
gp-209	156	9	of	of	ADP
gp-209	156	10	assets	asset	NOUN
gp-209	156	11	over	over	ADP
gp-209	156	12	the	the	DET
gp-209	156	13	market	market	NOUN
gp-209	156	14	value	value	NOUN
gp-209	156	15	of	of	ADP
gp-209	156	16	passive	passive	ADJ
gp-209	156	17	items	item	NOUN
gp-209	156	18	.	.	PUNCT
gp-209	157	1	b.	b.	NOUN
gp-209	157	2	earning	earn	VERB
gp-209	157	3	volatility	volatility	NOUN
gp-209	157	4	(	(	PUNCT
gp-209	157	5	x2	x2	PROPN
gp-209	157	6	)	)	PUNCT
gp-209	157	7	based	base	VERB
gp-209	157	8	on	on	ADP
gp-209	157	9	table	table	NOUN
gp-209	157	10	4.1	4.1	NUM
gp-209	157	11	,	,	PUNCT
gp-209	157	12	the	the	DET
gp-209	157	13	mean	mean	NOUN
gp-209	157	14	of	of	ADP
gp-209	157	15	the	the	DET
gp-209	157	16	earning	earn	VERB
gp-209	157	17	volatility	volatility	NOUN
gp-209	157	18	data	datum	NOUN
gp-209	157	19	is	be	AUX
gp-209	157	20	0.108509	0.108509	NUM
gp-209	157	21	where	where	SCONJ
gp-209	157	22	the	the	DET
gp-209	157	23	highest	high	ADJ
gp-209	157	24	earning	earn	VERB
gp-209	157	25	volatility	volatility	NOUN
gp-209	157	26	value	value	NOUN
gp-209	157	27	reaches	reach	VERB
gp-209	157	28	1.620000	1.620000	NUM
gp-209	157	29	and	and	CCONJ
gp-209	157	30	the	the	DET
gp-209	157	31	lowest	low	ADJ
gp-209	157	32	is	be	AUX
gp-209	157	33	0.000000	0.000000	NUM
gp-209	157	34	and	and	CCONJ
gp-209	157	35	with	with	ADP
gp-209	157	36	standard	standard	ADJ
gp-209	157	37	deviation	deviation	NOUN
gp-209	157	38	can	can	AUX
gp-209	157	39	be	be	AUX
gp-209	157	40	seen	see	VERB
gp-209	157	41	the	the	DET
gp-209	157	42	rate	rate	NOUN
gp-209	157	43	of	of	ADP
gp-209	157	44	data	datum	NOUN
gp-209	157	45	spread	spread	NOUN
gp-209	157	46	(	(	PUNCT
gp-209	157	47	variance	variance	NOUN
gp-209	157	48	)	)	PUNCT
gp-209	157	49	earning	earn	VERB
gp-209	157	50	volatility	volatility	NOUN
gp-209	157	51	deviates	deviate	VERB
gp-209	157	52	from	from	ADP
gp-209	157	53	the	the	DET
gp-209	157	54	average	average	NOUN
gp-209	157	55	of	of	ADP
gp-209	157	56	0.246240	0.246240	NUM
gp-209	157	57	.	.	PUNCT
gp-209	158	1	the	the	DET
gp-209	158	2	highest	high	ADJ
gp-209	158	3	earning	earn	VERB
gp-209	158	4	volatility	volatility	NOUN
gp-209	158	5	is	be	AUX
gp-209	158	6	owned	own	VERB
gp-209	158	7	by	by	ADP
gp-209	158	8	pt	pt	PROPN
gp-209	158	9	.	.	PROPN
gp-209	158	10	express	express	PROPN
gp-209	158	11	trasindo	trasindo	NOUN
gp-209	158	12	utama	utama	PROPN
gp-209	158	13	for	for	ADP
gp-209	158	14	the	the	DET
gp-209	158	15	2021	2021	NUM
gp-209	158	16	period	period	NOUN
gp-209	158	17	and	and	CCONJ
gp-209	158	18	the	the	DET
gp-209	158	19	lowest	low	ADJ
gp-209	158	20	earning	earning	NOUN
gp-209	158	21	volatility	volatility	NOUN
gp-209	158	22	is	be	AUX
gp-209	158	23	owned	own	VERB
gp-209	158	24	by	by	ADP
gp-209	158	25	pt	pt	PROPN
gp-209	158	26	.	.	PROPN
gp-209	158	27	samudera	samudera	PROPN
gp-209	158	28	indonesia	indonesia	PROPN
gp-209	158	29	,	,	PUNCT
gp-209	158	30	tbk	tbk	VERB
gp-209	158	31	for	for	ADP
gp-209	158	32	the	the	DET
gp-209	158	33	2018	2018	NUM
gp-209	158	34	period	period	NOUN
gp-209	158	35	.	.	PUNCT
gp-209	159	1	based	base	VERB
gp-209	159	2	on	on	ADP
gp-209	159	3	the	the	DET
gp-209	159	4	results	result	NOUN
gp-209	159	5	of	of	ADP
gp-209	159	6	the	the	DET
gp-209	159	7	calculation	calculation	NOUN
gp-209	159	8	,	,	PUNCT
gp-209	159	9	the	the	DET
gp-209	159	10	earning	earn	VERB
gp-209	159	11	volatility	volatility	NOUN
gp-209	159	12	value	value	NOUN
gp-209	159	13	of	of	ADP
gp-209	159	14	pt	pt	PROPN
gp-209	159	15	.	.	PROPN
gp-209	159	16	express	express	PROPN
gp-209	159	17	trasindo	trasindo	NOUN
gp-209	159	18	,	,	PUNCT
gp-209	159	19	tbk	tbk	VERB
gp-209	159	20	by	by	ADP
gp-209	159	21	1.62	1.62	NUM
gp-209	159	22	.	.	PUNCT
gp-209	160	1	this	this	PRON
gp-209	160	2	means	mean	VERB
gp-209	160	3	that	that	SCONJ
gp-209	160	4	the	the	DET
gp-209	160	5	roa	roa	NOUN
gp-209	160	6	value	value	NOUN
gp-209	160	7	of	of	ADP
gp-209	160	8	pt	pt	PROPN
gp-209	160	9	.	.	PROPN
gp-209	160	10	express	express	PROPN
gp-209	160	11	trasindo	trasindo	NOUN
gp-209	160	12	,	,	PUNCT
gp-209	160	13	tbk	tbk	PROPN
gp-209	160	14	experienced	experience	VERB
gp-209	160	15	a	a	DET
gp-209	160	16	variation	variation	NOUN
gp-209	160	17	or	or	CCONJ
gp-209	160	18	instability	instability	NOUN
gp-209	160	19	of	of	ADP
gp-209	160	20	1.62	1.62	NUM
gp-209	160	21	points	point	NOUN
gp-209	160	22	from	from	ADP
gp-209	160	23	the	the	DET
gp-209	160	24	average	average	ADJ
gp-209	160	25	roa	roa	NOUN
gp-209	160	26	of	of	ADP
gp-209	160	27	pt	pt	PROPN
gp-209	160	28	.	.	PROPN
gp-209	160	29	express	express	PROPN
gp-209	160	30	trasindo	trasindo	NOUN
gp-209	160	31	,	,	PUNCT
gp-209	160	32	tbk	tbk	NOUN
gp-209	160	33	in	in	ADP
gp-209	160	34	the	the	DET
gp-209	160	35	last	last	ADJ
gp-209	160	36	two	two	NUM
gp-209	160	37	years	year	NOUN
gp-209	160	38	.	.	PUNCT
gp-209	161	1	c.	c.	PROPN
gp-209	161	2	financial	financial	ADJ
gp-209	161	3	flexibility	flexibility	NOUN
gp-209	161	4	(	(	PUNCT
gp-209	161	5	x3	x3	ADJ
gp-209	161	6	)	)	PUNCT
gp-209	161	7	based	base	VERB
gp-209	161	8	on	on	ADP
gp-209	161	9	table	table	NOUN
gp-209	161	10	4.1	4.1	NUM
gp-209	161	11	the	the	DET
gp-209	161	12	mean	mean	NOUN
gp-209	161	13	of	of	ADP
gp-209	161	14	financial	financial	ADJ
gp-209	161	15	flexibility	flexibility	NOUN
gp-209	161	16	data	datum	NOUN
gp-209	161	17	is	be	AUX
gp-209	161	18	-1.028684	-1.028684	VERB
gp-209	161	19	,	,	PUNCT
gp-209	161	20	the	the	DET
gp-209	161	21	highest	high	ADJ
gp-209	161	22	financial	financial	ADJ
gp-209	161	23	flexibility	flexibility	NOUN
gp-209	161	24	value	value	NOUN
gp-209	161	25	reaches	reach	VERB
gp-209	161	26	0.580000	0.580000	NUM
gp-209	161	27	and	and	CCONJ
gp-209	161	28	the	the	DET
gp-209	161	29	lowest	low	ADJ
gp-209	161	30	is	be	AUX
gp-209	161	31	-18.70000	-18.70000	PUNCT
gp-209	161	32	and	and	CCONJ
gp-209	161	33	with	with	SCONJ
gp-209	161	34	standard	standard	ADJ
gp-209	161	35	deviation	deviation	NOUN
gp-209	161	36	can	can	AUX
gp-209	161	37	be	be	AUX
gp-209	161	38	seen	see	VERB
gp-209	161	39	the	the	DET
gp-209	161	40	level	level	NOUN
gp-209	161	41	of	of	ADP
gp-209	161	42	data	data	NOUN
gp-209	161	43	dissemination	dissemination	NOUN
gp-209	161	44	(	(	PUNCT
gp-209	161	45	variance	variance	NOUN
gp-209	161	46	)	)	PUNCT
gp-209	161	47	of	of	ADP
gp-209	161	48	financial	financial	ADJ
gp-209	161	49	flexibility	flexibility	NOUN
gp-209	161	50	deviating	deviate	VERB
gp-209	161	51	from	from	ADP
gp-209	161	52	the	the	DET
gp-209	161	53	average	average	NOUN
gp-209	161	54	of	of	ADP
gp-209	161	55	2.958585	2.958585	NUM
gp-209	161	56	.	.	PUNCT
gp-209	162	1	the	the	DET
gp-209	162	2	highest	high	ADJ
gp-209	162	3	financial	financial	ADJ
gp-209	162	4	flexibility	flexibility	NOUN
gp-209	162	5	is	be	AUX
gp-209	162	6	owned	own	VERB
gp-209	162	7	by	by	ADP
gp-209	162	8	pt	pt	PROPN
gp-209	162	9	.	.	PROPN
gp-209	162	10	nelly	nelly	PROPN
gp-209	162	11	dwi	dwi	PROPN
gp-209	162	12	putri	putri	PROPN
gp-209	162	13	's	's	PART
gp-209	162	14	voyage	voyage	NOUN
gp-209	162	15	for	for	ADP
gp-209	162	16	the	the	DET
gp-209	162	17	2023	2023	NUM
gp-209	162	18	period	period	NOUN
gp-209	162	19	and	and	CCONJ
gp-209	162	20	the	the	DET
gp-209	162	21	lowest	low	ADJ
gp-209	162	22	financial	financial	ADJ
gp-209	162	23	flexibility	flexibility	NOUN
gp-209	162	24	is	be	AUX
gp-209	162	25	owned	own	VERB
gp-209	162	26	by	by	ADP
gp-209	162	27	pt	pt	PROPN
gp-209	162	28	.	.	PROPN
gp-209	162	29	express	express	PROPN
gp-209	162	30	trasindo	trasindo	NOUN
gp-209	162	31	utama	utama	PROPN
gp-209	162	32	,	,	PUNCT
gp-209	162	33	tbk	tbk	VERB
gp-209	162	34	for	for	ADP
gp-209	162	35	the	the	DET
gp-209	162	36	2023	2023	NUM
gp-209	162	37	period	period	NOUN
gp-209	162	38	.	.	PUNCT
gp-209	163	1	joko	joko	PROPN
gp-209	163	2	kristanto	kristanto	PROPN
gp-209	163	3	,	,	PUNCT
gp-209	163	4	irni	irni	PROPN
gp-209	163	5	yunita	yunita	PROPN
gp-209	163	6	377	377	NUM
gp-209	163	7	based	base	VERB
gp-209	163	8	on	on	ADP
gp-209	163	9	the	the	DET
gp-209	163	10	results	result	NOUN
gp-209	163	11	of	of	ADP
gp-209	163	12	these	these	DET
gp-209	163	13	calculations	calculation	NOUN
gp-209	163	14	,	,	PUNCT
gp-209	163	15	the	the	DET
gp-209	163	16	value	value	NOUN
gp-209	163	17	of	of	ADP
gp-209	163	18	financial	financial	ADJ
gp-209	163	19	flexibility	flexibility	NOUN
gp-209	163	20	at	at	ADP
gp-209	163	21	pt	pt	PROPN
gp-209	163	22	.	.	PROPN
gp-209	163	23	nelly	nelly	PROPN
gp-209	163	24	dwi	dwi	PROPN
gp-209	163	25	putri	putri	PROPN
gp-209	163	26	,	,	PUNCT
gp-209	163	27	tbk	tbk	PROPN
gp-209	163	28	's	's	PART
gp-209	163	29	voyage	voyage	NOUN
gp-209	163	30	was	be	AUX
gp-209	163	31	0.57	0.57	NUM
gp-209	163	32	.	.	PUNCT
gp-209	164	1	this	this	PRON
gp-209	164	2	means	mean	VERB
gp-209	164	3	that	that	SCONJ
gp-209	164	4	every	every	DET
gp-209	164	5	rp.1	rp.1	PROPN
gp-209	164	6	can	can	AUX
gp-209	164	7	generate	generate	VERB
gp-209	164	8	retained	retain	VERB
gp-209	164	9	earnings	earning	NOUN
gp-209	164	10	of	of	ADP
gp-209	164	11	rp.0.57	rp.0.57	NOUN
gp-209	164	12	.	.	PUNCT
gp-209	165	1	d.	d.	PROPN
gp-209	165	2	capital	capital	PROPN
gp-209	165	3	structure	structure	NOUN
gp-209	165	4	(	(	PUNCT
gp-209	165	5	y	y	NOUN
gp-209	165	6	)	)	PUNCT
gp-209	165	7	based	base	VERB
gp-209	165	8	on	on	ADP
gp-209	165	9	table	table	NOUN
gp-209	165	10	4.1	4.1	NUM
gp-209	165	11	the	the	DET
gp-209	165	12	mean	mean	NOUN
gp-209	165	13	of	of	ADP
gp-209	165	14	the	the	DET
gp-209	165	15	capital	capital	NOUN
gp-209	165	16	structure	structure	NOUN
gp-209	165	17	data	datum	NOUN
gp-209	165	18	is	be	AUX
gp-209	165	19	0.655175	0.655175	NUM
gp-209	165	20	,	,	PUNCT
gp-209	165	21	the	the	DET
gp-209	165	22	highest	high	ADJ
gp-209	165	23	capital	capital	NOUN
gp-209	165	24	structure	structure	NOUN
gp-209	165	25	value	value	NOUN
gp-209	165	26	reaches	reach	VERB
gp-209	165	27	3.140000	3.140000	NUM
gp-209	165	28	and	and	CCONJ
gp-209	165	29	the	the	DET
gp-209	165	30	lowest	low	ADJ
gp-209	165	31	is	be	AUX
gp-209	165	32	0.110000	0.110000	NUM
gp-209	165	33	and	and	CCONJ
gp-209	165	34	with	with	SCONJ
gp-209	165	35	the	the	DET
gp-209	165	36	standard	standard	ADJ
gp-209	165	37	deviation	deviation	NOUN
gp-209	165	38	can	can	AUX
gp-209	165	39	be	be	AUX
gp-209	165	40	seen	see	VERB
gp-209	165	41	the	the	DET
gp-209	165	42	level	level	NOUN
gp-209	165	43	of	of	ADP
gp-209	165	44	data	datum	NOUN
gp-209	165	45	distribution	distribution	NOUN
gp-209	165	46	(	(	PUNCT
gp-209	165	47	variance	variance	NOUN
gp-209	165	48	)	)	PUNCT
gp-209	165	49	of	of	ADP
gp-209	165	50	the	the	DET
gp-209	165	51	capital	capital	NOUN
gp-209	165	52	structure	structure	NOUN
gp-209	165	53	deviating	deviate	VERB
gp-209	165	54	from	from	ADP
gp-209	165	55	the	the	DET
gp-209	165	56	average	average	NOUN
gp-209	165	57	of	of	ADP
gp-209	165	58	0.522035	0.522035	NUM
gp-209	165	59	.	.	PUNCT
gp-209	166	1	the	the	DET
gp-209	166	2	highest	high	ADJ
gp-209	166	3	capital	capital	NOUN
gp-209	166	4	structure	structure	NOUN
gp-209	166	5	is	be	AUX
gp-209	166	6	owned	own	VERB
gp-209	166	7	by	by	ADP
gp-209	166	8	pt	pt	PROPN
gp-209	166	9	.	.	PROPN
gp-209	166	10	express	express	PROPN
gp-209	166	11	trasindo	trasindo	NOUN
gp-209	166	12	utama	utama	PROPN
gp-209	166	13	for	for	ADP
gp-209	166	14	the	the	DET
gp-209	166	15	2020	2020	NUM
gp-209	166	16	period	period	NOUN
gp-209	166	17	and	and	CCONJ
gp-209	166	18	the	the	DET
gp-209	166	19	lowest	low	ADJ
gp-209	166	20	capital	capital	NOUN
gp-209	166	21	structure	structure	NOUN
gp-209	166	22	is	be	AUX
gp-209	166	23	owned	own	VERB
gp-209	166	24	by	by	ADP
gp-209	166	25	pt	pt	PROPN
gp-209	166	26	.	.	PROPN
gp-209	166	27	nelly	nelly	PROPN
gp-209	166	28	dwi	dwi	PROPN
gp-209	166	29	putri	putri	PROPN
gp-209	166	30	's	's	PART
gp-209	166	31	voyage	voyage	NOUN
gp-209	166	32	,	,	PUNCT
gp-209	166	33	tbk	tbk	VERB
gp-209	166	34	for	for	ADP
gp-209	166	35	the	the	DET
gp-209	166	36	2018	2018	NUM
gp-209	166	37	period	period	NOUN
gp-209	166	38	.	.	PUNCT
gp-209	167	1	based	base	VERB
gp-209	167	2	on	on	ADP
gp-209	167	3	the	the	DET
gp-209	167	4	results	result	NOUN
gp-209	167	5	of	of	ADP
gp-209	167	6	the	the	DET
gp-209	167	7	calculation	calculation	NOUN
gp-209	167	8	,	,	PUNCT
gp-209	167	9	the	the	DET
gp-209	167	10	value	value	NOUN
gp-209	167	11	of	of	ADP
gp-209	167	12	the	the	DET
gp-209	167	13	capital	capital	NOUN
gp-209	167	14	structure	structure	NOUN
gp-209	167	15	at	at	ADP
gp-209	167	16	pt	pt	PROPN
gp-209	167	17	.	.	PROPN
gp-209	167	18	express	express	PROPN
gp-209	167	19	trasindo	trasindo	NOUN
gp-209	167	20	utama	utama	PROPN
gp-209	167	21	,	,	PUNCT
gp-209	167	22	tbk	tbk	PROPN
gp-209	167	23	amounted	amount	VERB
gp-209	167	24	to	to	ADP
gp-209	167	25	3.1386	3.1386	NUM
gp-209	167	26	.	.	PUNCT
gp-209	168	1	this	this	PRON
gp-209	168	2	means	mean	VERB
gp-209	168	3	that	that	SCONJ
gp-209	168	4	each	each	DET
gp-209	168	5	asset	asset	NOUN
gp-209	168	6	worth	worth	ADJ
gp-209	168	7	rp.1	rp.1	PROPN
gp-209	168	8	is	be	AUX
gp-209	168	9	backed	back	VERB
gp-209	168	10	up	up	ADP
gp-209	168	11	by	by	ADP
gp-209	168	12	debt	debt	NOUN
gp-209	168	13	of	of	ADP
gp-209	168	14	rp	rp	NOUN
gp-209	168	15	.	.	PUNCT
gp-209	169	1	3.1386	3.1386	NUM
gp-209	169	2	.	.	PUNCT
gp-209	170	1	e.	e.	PROPN
gp-209	170	2	financial	financial	PROPN
gp-209	170	3	market	market	PROPN
gp-209	170	4	development	development	NOUN
gp-209	170	5	(	(	PUNCT
gp-209	170	6	z	z	NOUN
gp-209	170	7	)	)	PUNCT
gp-209	170	8	based	base	VERB
gp-209	170	9	on	on	ADP
gp-209	170	10	table	table	NOUN
gp-209	170	11	4.1	4.1	NUM
gp-209	170	12	the	the	DET
gp-209	170	13	mean	mean	NOUN
gp-209	170	14	of	of	ADP
gp-209	170	15	financial	financial	ADJ
gp-209	170	16	market	market	NOUN
gp-209	170	17	development	development	NOUN
gp-209	170	18	data	datum	NOUN
gp-209	170	19	is	be	AUX
gp-209	170	20	0.344211	0.344211	NUM
gp-209	170	21	,	,	PUNCT
gp-209	170	22	the	the	DET
gp-209	170	23	highest	high	ADJ
gp-209	170	24	financial	financial	ADJ
gp-209	170	25	market	market	NOUN
gp-209	170	26	development	development	NOUN
gp-209	170	27	value	value	NOUN
gp-209	170	28	reaches	reach	VERB
gp-209	170	29	0.360000	0.360000	NUM
gp-209	170	30	and	and	CCONJ
gp-209	170	31	the	the	DET
gp-209	170	32	lowest	low	ADJ
gp-209	170	33	is	be	AUX
gp-209	170	34	0.330000	0.330000	NUM
gp-209	170	35	and	and	CCONJ
gp-209	170	36	with	with	ADP
gp-209	170	37	standard	standard	ADJ
gp-209	170	38	deviation	deviation	NOUN
gp-209	170	39	can	can	AUX
gp-209	170	40	be	be	AUX
gp-209	170	41	seen	see	VERB
gp-209	170	42	the	the	DET
gp-209	170	43	level	level	NOUN
gp-209	170	44	of	of	ADP
gp-209	170	45	data	data	NOUN
gp-209	170	46	dissemination	dissemination	NOUN
gp-209	170	47	(	(	PUNCT
gp-209	170	48	variance	variance	NOUN
gp-209	170	49	)	)	PUNCT
gp-209	170	50	of	of	ADP
gp-209	170	51	financial	financial	ADJ
gp-209	170	52	market	market	NOUN
gp-209	170	53	development	development	NOUN
gp-209	170	54	deviating	deviate	VERB
gp-209	170	55	from	from	ADP
gp-209	170	56	the	the	DET
gp-209	170	57	average	average	NOUN
gp-209	170	58	of	of	ADP
gp-209	170	59	0.009207	0.009207	NUM
gp-209	170	60	.	.	PUNCT
gp-209	171	1	based	base	VERB
gp-209	171	2	on	on	ADP
gp-209	171	3	the	the	DET
gp-209	171	4	results	result	NOUN
gp-209	171	5	of	of	ADP
gp-209	171	6	the	the	DET
gp-209	171	7	calculation	calculation	NOUN
gp-209	171	8	,	,	PUNCT
gp-209	171	9	it	it	PRON
gp-209	171	10	was	be	AUX
gp-209	171	11	found	find	VERB
gp-209	171	12	that	that	SCONJ
gp-209	171	13	each	each	DET
gp-209	171	14	rp.1	rp.1	PROPN
gp-209	171	15	gross	gross	ADJ
gp-209	171	16	domestic	domestic	ADJ
gp-209	171	17	product	product	NOUN
gp-209	171	18	was	be	AUX
gp-209	171	19	sourced	source	VERB
gp-209	171	20	from	from	ADP
gp-209	171	21	the	the	DET
gp-209	171	22	credit	credit	NOUN
gp-209	171	23	value	value	NOUN
gp-209	171	24	provided	provide	VERB
gp-209	171	25	by	by	ADP
gp-209	171	26	the	the	DET
gp-209	171	27	bank	bank	NOUN
gp-209	171	28	to	to	ADP
gp-209	171	29	the	the	DET
gp-209	171	30	private	private	ADJ
gp-209	171	31	sector	sector	NOUN
gp-209	171	32	of	of	ADP
gp-209	171	33	rp.0.35	rp.0.35	NOUN
gp-209	171	34	.	.	PUNCT
gp-209	172	1	the	the	DET
gp-209	172	2	results	result	NOUN
gp-209	172	3	of	of	ADP
gp-209	172	4	the	the	DET
gp-209	172	5	complete	complete	ADJ
gp-209	172	6	financial	financial	ADJ
gp-209	172	7	market	market	NOUN
gp-209	172	8	development	development	NOUN
gp-209	172	9	calculation	calculation	NOUN
gp-209	172	10	are	be	AUX
gp-209	172	11	shown	show	VERB
gp-209	172	12	in	in	ADP
gp-209	172	13	appendix	appendix	ADJ
gp-209	172	14	5	5	NUM
gp-209	172	15	page	page	NOUN
gp-209	172	16	108	108	NUM
gp-209	172	17	.	.	PUNCT
gp-209	173	1	panel	panel	NOUN
gp-209	173	2	data	data	PROPN
gp-209	173	3	regression	regression	PROPN
gp-209	173	4	model	model	NOUN
gp-209	173	5	selection	selection	PROPN
gp-209	173	6	a.	a.	PROPN
gp-209	173	7	chow	chow	PROPN
gp-209	173	8	test	test	NOUN
gp-209	173	9	table	table	NOUN
gp-209	173	10	3	3	NUM
gp-209	173	11	.	.	X
gp-209	173	12	chow	chow	PROPN
gp-209	173	13	test	test	NOUN
gp-209	173	14	results	result	NOUN
gp-209	173	15	redundant	redundant	VERB
gp-209	173	16	fixed	fix	VERB
gp-209	173	17	effects	effect	NOUN
gp-209	173	18	tests	test	VERB
gp-209	173	19	equation	equation	NOUN
gp-209	173	20	:	:	PUNCT
gp-209	173	21	untitled	untitled	ADJ
gp-209	173	22	test	test	NOUN
gp-209	173	23	cross	cross	ADJ
gp-209	173	24	-	-	ADJ
gp-209	173	25	section	section	ADJ
gp-209	173	26	fixed	fix	VERB
gp-209	173	27	effects	effect	NOUN
gp-209	173	28	effects	effect	NOUN
gp-209	173	29	test	test	NOUN
gp-209	173	30	statistic	statistic	PROPN
gp-209	173	31	d.f	d.f	PROPN
gp-209	173	32	.	.	PROPN
gp-209	173	33	prob	prob	PROPN
gp-209	173	34	.	.	PUNCT
gp-209	174	1	cross	cross	NOUN
gp-209	174	2	-	-	NOUN
gp-209	174	3	section	section	ADJ
gp-209	174	4	f	f	PROPN
gp-209	174	5	4.065089	4.065089	NUM
gp-209	174	6	(	(	PUNCT
gp-209	174	7	5,24	5,24	NUM
gp-209	174	8	)	)	PUNCT
gp-209	174	9	0.0082	0.0082	NUM
gp-209	174	10	cross	cross	ADJ
gp-209	174	11	-	-	NOUN
gp-209	174	12	section	section	ADJ
gp-209	174	13	chi	chi	ADJ
gp-209	174	14	-	-	PUNCT
gp-209	174	15	square	square	NOUN
gp-209	174	16	20.245667	20.245667	NUM
gp-209	174	17	5	5	NUM
gp-209	174	18	0.0011	0.0011	NUM
gp-209	174	19	source	source	NOUN
gp-209	174	20	:	:	PUNCT
gp-209	174	21	researcher	researcher	NOUN
gp-209	174	22	's	's	PART
gp-209	174	23	processed	process	VERB
gp-209	174	24	data	datum	NOUN
gp-209	174	25	(	(	PUNCT
gp-209	174	26	2025	2025	NUM
gp-209	174	27	)	)	PUNCT
gp-209	174	28	based	base	VERB
gp-209	174	29	on	on	ADP
gp-209	174	30	table	table	NOUN
gp-209	174	31	4.2	4.2	NUM
gp-209	174	32	shows	show	VERB
gp-209	174	33	that	that	SCONJ
gp-209	174	34	the	the	DET
gp-209	174	35	value	value	NOUN
gp-209	174	36	of	of	ADP
gp-209	174	37	prob	prob	PROPN
gp-209	174	38	.	.	PUNCT
gp-209	175	1	(	(	PUNCT
gp-209	175	2	p	p	NOUN
gp-209	175	3	-	-	PUNCT
gp-209	175	4	value	value	NOUN
gp-209	175	5	)	)	PUNCT
gp-209	175	6	cross	cross	NOUN
gp-209	175	7	section	section	NOUN
gp-209	175	8	f	f	PROPN
gp-209	175	9	of	of	ADP
gp-209	175	10	0.0082	0.0082	NUM
gp-209	175	11	because	because	SCONJ
gp-209	175	12	the	the	DET
gp-209	175	13	probability	probability	NOUN
gp-209	175	14	(	(	PUNCT
gp-209	175	15	p	p	NOUN
gp-209	175	16	-	-	PUNCT
gp-209	175	17	value	value	NOUN
gp-209	175	18	)	)	PUNCT
gp-209	175	19	of	of	ADP
gp-209	175	20	cross	cross	NOUN
gp-209	175	21	-	-	NOUN
gp-209	175	22	section	section	NOUN
gp-209	175	23	f	f	X
gp-209	175	24	<	<	X
gp-209	175	25	0.05	0.05	NUM
gp-209	175	26	,	,	PUNCT
gp-209	175	27	ho	ho	PROPN
gp-209	175	28	is	be	AUX
gp-209	175	29	rejected	reject	VERB
gp-209	175	30	,	,	PUNCT
gp-209	175	31	so	so	CCONJ
gp-209	175	32	the	the	DET
gp-209	175	33	fixed	fix	VERB
gp-209	175	34	effect	effect	NOUN
gp-209	175	35	model	model	NOUN
gp-209	175	36	is	be	AUX
gp-209	175	37	considered	consider	VERB
gp-209	175	38	more	more	ADV
gp-209	175	39	accurate	accurate	ADJ
gp-209	175	40	than	than	ADP
gp-209	175	41	the	the	DET
gp-209	175	42	common	common	ADJ
gp-209	175	43	effect	effect	NOUN
gp-209	175	44	model	model	NOUN
gp-209	175	45	.	.	PUNCT
gp-209	176	1	because	because	SCONJ
gp-209	176	2	the	the	DET
gp-209	176	3	decision	decision	NOUN
gp-209	176	4	obtained	obtain	VERB
gp-209	176	5	was	be	AUX
gp-209	176	6	to	to	PART
gp-209	176	7	use	use	VERB
gp-209	176	8	a	a	DET
gp-209	176	9	fixed	fix	VERB
gp-209	176	10	effect	effect	NOUN
gp-209	176	11	model	model	NOUN
gp-209	176	12	,	,	PUNCT
gp-209	176	13	so	so	SCONJ
gp-209	176	14	it	it	PRON
gp-209	176	15	was	be	AUX
gp-209	176	16	followed	follow	VERB
gp-209	176	17	by	by	ADP
gp-209	176	18	a	a	DET
gp-209	176	19	thirst	thirst	NOUN
gp-209	176	20	test	test	NOUN
gp-209	176	21	.	.	PUNCT
gp-209	177	1	b.	b.	PROPN
gp-209	177	2	hausman	hausman	PROPN
gp-209	177	3	test	test	NOUN
gp-209	177	4	table	table	NOUN
gp-209	177	5	4	4	NUM
gp-209	177	6	.	.	PUNCT
gp-209	177	7	hausman	hausman	PROPN
gp-209	177	8	test	test	NOUN
gp-209	177	9	results	result	NOUN
gp-209	177	10	correlated	correlate	VERB
gp-209	177	11	random	random	ADJ
gp-209	177	12	effects	effect	NOUN
gp-209	177	13	hausman	hausman	ADJ
gp-209	177	14	test	test	NOUN
gp-209	177	15	equation	equation	NOUN
gp-209	177	16	:	:	PUNCT
gp-209	177	17	untitled	untitled	ADJ
gp-209	177	18	test	test	NOUN
gp-209	177	19	cross	cross	ADJ
gp-209	177	20	-	-	ADJ
gp-209	177	21	section	section	ADJ
gp-209	177	22	random	random	ADJ
gp-209	177	23	effects	effect	NOUN
gp-209	177	24	american	american	PROPN
gp-209	177	25	journal	journal	PROPN
gp-209	177	26	of	of	ADP
gp-209	177	27	economic	economic	ADJ
gp-209	177	28	and	and	CCONJ
gp-209	177	29	management	management	NOUN
gp-209	177	30	business	business	NOUN
gp-209	177	31	vol	vol	NOUN
gp-209	177	32	.	.	PROPN
gp-209	178	1	4	4	NUM
gp-209	178	2	no	no	NOUN
gp-209	178	3	.	.	NOUN
gp-209	178	4	5	5	NUM
gp-209	178	5	may	may	AUX
gp-209	178	6	2025	2025	NUM
gp-209	178	7	378	378	NUM
gp-209	178	8	test	test	NOUN
gp-209	178	9	summary	summary	NOUN
gp-209	178	10	chi	chi	PROPN
gp-209	178	11	-	-	PUNCT
gp-209	178	12	sq	sq	PROPN
gp-209	178	13	.	.	PROPN
gp-209	178	14	statistic	statistic	ADJ
gp-209	178	15	chi	chi	PROPN
gp-209	178	16	-	-	PUNCT
gp-209	178	17	sq	sq	PROPN
gp-209	178	18	.	.	PUNCT
gp-209	178	19	d.f	d.f	PROPN
gp-209	178	20	.	.	PROPN
gp-209	178	21	prob	prob	PROPN
gp-209	178	22	.	.	PUNCT
gp-209	179	1	cross	cross	ADJ
gp-209	179	2	-	-	ADJ
gp-209	179	3	section	section	ADJ
gp-209	179	4	random	random	ADJ
gp-209	179	5	2.819258	2.819258	NUM
gp-209	179	6	3	3	NUM
gp-209	179	7	0.4203	0.4203	NUM
gp-209	179	8	source	source	NOUN
gp-209	179	9	:	:	PUNCT
gp-209	179	10	researcher	researcher	NOUN
gp-209	179	11	's	's	PART
gp-209	179	12	processed	process	VERB
gp-209	179	13	data	datum	NOUN
gp-209	179	14	(	(	PUNCT
gp-209	179	15	2025	2025	NUM
gp-209	179	16	)	)	PUNCT
gp-209	179	17	based	base	VERB
gp-209	179	18	on	on	ADP
gp-209	179	19	table	table	NOUN
gp-209	179	20	4.3	4.3	NUM
gp-209	179	21	,	,	PUNCT
gp-209	179	22	it	it	PRON
gp-209	179	23	shows	show	VERB
gp-209	179	24	a	a	DET
gp-209	179	25	probability	probability	NOUN
gp-209	179	26	value	value	NOUN
gp-209	179	27	(	(	PUNCT
gp-209	179	28	p	p	NOUN
gp-209	179	29	-	-	PUNCT
gp-209	179	30	value	value	NOUN
gp-209	179	31	)	)	PUNCT
gp-209	179	32	of	of	ADP
gp-209	179	33	random	random	ADJ
gp-209	179	34	cross	cross	NOUN
gp-209	179	35	-	-	NOUN
gp-209	179	36	section	section	NOUN
gp-209	179	37	of	of	ADP
gp-209	179	38	0.4203	0.4203	NUM
gp-209	179	39	greater	great	ADJ
gp-209	179	40	than	than	ADP
gp-209	179	41	0.05	0.05	NUM
gp-209	179	42	.	.	PUNCT
gp-209	179	43	based	base	VERB
gp-209	179	44	on	on	ADP
gp-209	179	45	these	these	DET
gp-209	179	46	data	datum	NOUN
gp-209	179	47	,	,	PUNCT
gp-209	179	48	it	it	PRON
gp-209	179	49	can	can	AUX
gp-209	179	50	be	be	AUX
gp-209	179	51	decided	decide	VERB
gp-209	179	52	that	that	SCONJ
gp-209	179	53	h0	h0	PROPN
gp-209	179	54	is	be	AUX
gp-209	179	55	accepted	accept	VERB
gp-209	179	56	so	so	SCONJ
gp-209	179	57	that	that	SCONJ
gp-209	179	58	the	the	DET
gp-209	179	59	random	random	ADJ
gp-209	179	60	effect	effect	NOUN
gp-209	179	61	model	model	NOUN
gp-209	179	62	is	be	AUX
gp-209	179	63	considered	consider	VERB
gp-209	179	64	more	more	ADV
gp-209	179	65	appropriate	appropriate	ADJ
gp-209	179	66	than	than	ADP
gp-209	179	67	the	the	DET
gp-209	179	68	fixed	fix	VERB
gp-209	179	69	effect	effect	NOUN
gp-209	179	70	model	model	NOUN
gp-209	179	71	.	.	PUNCT
gp-209	180	1	because	because	SCONJ
gp-209	180	2	the	the	DET
gp-209	180	3	decision	decision	NOUN
gp-209	180	4	obtained	obtain	VERB
gp-209	180	5	was	be	AUX
gp-209	180	6	using	use	VERB
gp-209	180	7	a	a	DET
gp-209	180	8	random	random	ADJ
gp-209	180	9	effect	effect	NOUN
gp-209	180	10	model	model	NOUN
gp-209	180	11	,	,	PUNCT
gp-209	180	12	so	so	SCONJ
gp-209	180	13	it	it	PRON
gp-209	180	14	was	be	AUX
gp-209	180	15	followed	follow	VERB
gp-209	180	16	by	by	ADP
gp-209	180	17	a	a	DET
gp-209	180	18	lagrange	lagrange	NOUN
gp-209	180	19	multiplier	multipli	ADJ
gp-209	180	20	test	test	NOUN
gp-209	180	21	.	.	PUNCT
gp-209	181	1	c.	c.	PROPN
gp-209	181	2	uji	uji	PROPN
gp-209	181	3	lagrange	lagrange	PROPN
gp-209	181	4	multiplier	multipli	ADJ
gp-209	181	5	table	table	NOUN
gp-209	181	6	5	5	NUM
gp-209	181	7	.	.	PUNCT
gp-209	182	1	lagrange	lagrange	PROPN
gp-209	182	2	multiplier	multipli	ADJ
gp-209	182	3	test	test	NOUN
gp-209	182	4	results	result	NOUN
gp-209	182	5	test	test	NOUN
gp-209	182	6	hypothesis	hypothesis	NOUN
gp-209	182	7	cross	cross	NOUN
gp-209	182	8	-	-	NOUN
gp-209	182	9	section	section	ADJ
gp-209	182	10	time	time	NOUN
gp-209	182	11	both	both	DET
gp-209	182	12	breusch	breusch	PROPN
gp-209	182	13	-	-	PUNCT
gp-209	182	14	pagan	pagan	NOUN
gp-209	182	15	3.128932	3.128932	NUM
gp-209	182	16	0.483992	0.483992	NUM
gp-209	182	17	3.612924	3.612924	NUM
gp-209	182	18	(	(	PUNCT
gp-209	182	19	0.0769	0.0769	NUM
gp-209	182	20	)	)	PUNCT
gp-209	182	21	(	(	PUNCT
gp-209	182	22	0.4866	0.4866	NUM
gp-209	182	23	)	)	PUNCT
gp-209	182	24	(	(	PUNCT
gp-209	182	25	0.0573	0.0573	NUM
gp-209	182	26	)	)	PUNCT
gp-209	182	27	honda	honda	NOUN
gp-209	182	28	1.768879	1.768879	NUM
gp-209	182	29	-0.695695	-0.695695	NOUN
gp-209	183	1	0.758855	0.758855	NUM
gp-209	183	2	(	(	PUNCT
gp-209	183	3	0.0385	0.0385	NUM
gp-209	183	4	)	)	PUNCT
gp-209	183	5	(	(	PUNCT
gp-209	183	6	0.7567	0.7567	NUM
gp-209	183	7	)	)	PUNCT
gp-209	183	8	(	(	PUNCT
gp-209	183	9	0.2240	0.2240	NUM
gp-209	183	10	)	)	PUNCT
gp-209	183	11	king	king	NOUN
gp-209	183	12	-	-	PUNCT
gp-209	183	13	wu	wu	PROPN
gp-209	183	14	1.768879	1.768879	NUM
gp-209	183	15	-0.695695	-0.695695	X
gp-209	183	16	0.741733	0.741733	NUM
gp-209	183	17	(	(	PUNCT
gp-209	183	18	0.0385	0.0385	NUM
gp-209	183	19	)	)	PUNCT
gp-209	183	20	(	(	PUNCT
gp-209	183	21	0.7567	0.7567	NUM
gp-209	183	22	)	)	PUNCT
gp-209	183	23	(	(	PUNCT
gp-209	183	24	0.2291	0.2291	NUM
gp-209	183	25	)	)	PUNCT
gp-209	183	26	standardized	standardize	VERB
gp-209	183	27	honda	honda	NOUN
gp-209	183	28	3.144026	3.144026	NUM
gp-209	183	29	-0.517605	-0.517605	NOUN
gp-209	183	30	-1.553984	-1.553984	X
gp-209	183	31	(	(	PUNCT
gp-209	183	32	0.0008	0.0008	NUM
gp-209	183	33	)	)	PUNCT
gp-209	183	34	(	(	PUNCT
gp-209	183	35	0.6976	0.6976	NUM
gp-209	183	36	)	)	PUNCT
gp-209	183	37	(	(	PUNCT
gp-209	183	38	0.9399	0.9399	NUM
gp-209	183	39	)	)	PUNCT
gp-209	183	40	standardized	standardize	VERB
gp-209	183	41	king	king	NOUN
gp-209	183	42	-	-	PUNCT
gp-209	183	43	wu	wu	PROPN
gp-209	183	44	3.144026	3.144026	NUM
gp-209	183	45	-0.517605	-0.517605	NOUN
gp-209	183	46	-1.575390	-1.575390	PROPN
gp-209	183	47	(	(	PUNCT
gp-209	183	48	0.0008	0.0008	NUM
gp-209	183	49	)	)	PUNCT
gp-209	183	50	(	(	PUNCT
gp-209	183	51	0.6976	0.6976	NUM
gp-209	183	52	)	)	PUNCT
gp-209	183	53	(	(	PUNCT
gp-209	183	54	0.9424	0.9424	NUM
gp-209	183	55	)	)	PUNCT
gp-209	183	56	gourieroux	gourieroux	NOUN
gp-209	183	57	,	,	PUNCT
gp-209	183	58	et	et	PROPN
gp-209	183	59	al	al	PROPN
gp-209	183	60	.	.	PROPN
gp-209	184	1	--3.128932	--3.128932	PROPN
gp-209	184	2	(	(	PUNCT
gp-209	184	3	0.0908	0.0908	NUM
gp-209	184	4	)	)	PUNCT
gp-209	184	5	source	source	NOUN
gp-209	184	6	:	:	PUNCT
gp-209	184	7	researcher	researcher	NOUN
gp-209	184	8	's	's	PART
gp-209	184	9	processed	process	VERB
gp-209	184	10	data	datum	NOUN
gp-209	184	11	(	(	PUNCT
gp-209	184	12	2025	2025	NUM
gp-209	184	13	)	)	PUNCT
gp-209	184	14	based	base	VERB
gp-209	184	15	on	on	ADP
gp-209	184	16	table	table	NOUN
gp-209	184	17	4.4	4.4	NUM
gp-209	184	18	,	,	PUNCT
gp-209	184	19	it	it	PRON
gp-209	184	20	shows	show	VERB
gp-209	184	21	that	that	SCONJ
gp-209	184	22	the	the	DET
gp-209	184	23	probability	probability	NOUN
gp-209	184	24	value	value	NOUN
gp-209	184	25	(	(	PUNCT
gp-209	184	26	p	p	NOUN
gp-209	184	27	-	-	PUNCT
gp-209	184	28	value	value	NOUN
gp-209	184	29	)	)	PUNCT
gp-209	184	30	of	of	ADP
gp-209	184	31	the	the	DET
gp-209	184	32	cross	cross	NOUN
gp-209	184	33	-	-	NOUN
gp-209	184	34	section	section	NOUN
gp-209	184	35	of	of	ADP
gp-209	184	36	0.0769	0.0769	NUM
gp-209	184	37	is	be	AUX
gp-209	184	38	greater	great	ADJ
gp-209	184	39	than	than	ADP
gp-209	184	40	0.05	0.05	NUM
gp-209	184	41	.	.	PUNCT
gp-209	185	1	based	base	VERB
gp-209	185	2	on	on	ADP
gp-209	185	3	this	this	DET
gp-209	185	4	data	data	NOUN
gp-209	185	5	,	,	PUNCT
gp-209	185	6	it	it	PRON
gp-209	185	7	can	can	AUX
gp-209	185	8	be	be	AUX
gp-209	185	9	decided	decide	VERB
gp-209	185	10	that	that	SCONJ
gp-209	185	11	h0	h0	PROPN
gp-209	185	12	is	be	AUX
gp-209	185	13	accepted	accept	VERB
gp-209	185	14	so	so	SCONJ
gp-209	185	15	that	that	SCONJ
gp-209	185	16	the	the	DET
gp-209	185	17	common	common	ADJ
gp-209	185	18	effect	effect	NOUN
gp-209	185	19	model	model	NOUN
gp-209	185	20	is	be	AUX
gp-209	185	21	considered	consider	VERB
gp-209	185	22	more	more	ADV
gp-209	185	23	appropriate	appropriate	ADJ
gp-209	185	24	than	than	ADP
gp-209	185	25	the	the	DET
gp-209	185	26	random	random	ADJ
gp-209	185	27	effect	effect	NOUN
gp-209	185	28	model	model	NOUN
gp-209	185	29	.	.	PUNCT
gp-209	186	1	based	base	VERB
gp-209	186	2	on	on	ADP
gp-209	186	3	the	the	DET
gp-209	186	4	results	result	NOUN
gp-209	186	5	of	of	ADP
gp-209	186	6	the	the	DET
gp-209	186	7	chow	chow	PROPN
gp-209	186	8	test	test	NOUN
gp-209	186	9	,	,	PUNCT
gp-209	186	10	thirst	thirst	NOUN
gp-209	186	11	test	test	NOUN
gp-209	186	12	and	and	CCONJ
gp-209	186	13	lagrange	lagrange	PROPN
gp-209	186	14	multiplier	multipli	ADJ
gp-209	186	15	test	test	NOUN
gp-209	186	16	,	,	PUNCT
gp-209	186	17	the	the	DET
gp-209	186	18	best	good	ADJ
gp-209	186	19	model	model	NOUN
gp-209	186	20	in	in	ADP
gp-209	186	21	this	this	DET
gp-209	186	22	study	study	NOUN
gp-209	186	23	is	be	AUX
gp-209	186	24	the	the	DET
gp-209	186	25	common	common	ADJ
gp-209	186	26	effect	effect	NOUN
gp-209	186	27	model	model	NOUN
gp-209	186	28	.	.	PUNCT
gp-209	187	1	because	because	SCONJ
gp-209	187	2	the	the	DET
gp-209	187	3	chosen	choose	VERB
gp-209	187	4	model	model	NOUN
gp-209	187	5	is	be	AUX
gp-209	187	6	a	a	DET
gp-209	187	7	common	common	ADJ
gp-209	187	8	effect	effect	NOUN
gp-209	187	9	model	model	NOUN
gp-209	187	10	,	,	PUNCT
gp-209	187	11	therefore	therefore	ADV
gp-209	187	12	a	a	DET
gp-209	187	13	classical	classical	ADJ
gp-209	187	14	assumption	assumption	NOUN
gp-209	187	15	test	test	NOUN
gp-209	187	16	must	must	AUX
gp-209	187	17	be	be	AUX
gp-209	187	18	carried	carry	VERB
gp-209	187	19	out	out	ADP
gp-209	187	20	.	.	PUNCT
gp-209	188	1	the	the	DET
gp-209	188	2	classical	classical	ADJ
gp-209	188	3	assumption	assumption	NOUN
gp-209	188	4	test	test	NOUN
gp-209	188	5	used	use	VERB
gp-209	188	6	is	be	AUX
gp-209	188	7	multicollinearity	multicollinearity	NOUN
gp-209	188	8	and	and	CCONJ
gp-209	188	9	heterokedasticity	heterokedasticity	NOUN
gp-209	188	10	.	.	PUNCT
gp-209	189	1	classical	classical	ADJ
gp-209	189	2	assumption	assumption	NOUN
gp-209	189	3	test	test	NOUN
gp-209	189	4	results	result	VERB
gp-209	189	5	a.	a.	NOUN
gp-209	189	6	multicollinearity	multicollinearity	NOUN
gp-209	189	7	test	test	NOUN
gp-209	189	8	results	result	VERB
gp-209	189	9	joko	joko	PROPN
gp-209	189	10	kristanto	kristanto	PROPN
gp-209	189	11	,	,	PUNCT
gp-209	189	12	irni	irni	PROPN
gp-209	189	13	yunita	yunita	PROPN
gp-209	189	14	379	379	NUM
gp-209	189	15	table	table	NOUN
gp-209	189	16	6	6	NUM
gp-209	189	17	.	.	PUNCT
gp-209	190	1	multicollinearity	multicollinearity	NOUN
gp-209	190	2	test	test	NOUN
gp-209	190	3	results	result	NOUN
gp-209	190	4	source	source	NOUN
gp-209	190	5	:	:	PUNCT
gp-209	190	6	researcher	researcher	NOUN
gp-209	190	7	's	's	PART
gp-209	190	8	processed	process	VERB
gp-209	190	9	data	datum	NOUN
gp-209	190	10	(	(	PUNCT
gp-209	190	11	2025	2025	NUM
gp-209	190	12	)	)	PUNCT
gp-209	190	13	in	in	ADP
gp-209	190	14	table	table	NOUN
gp-209	190	15	6	6	NUM
gp-209	190	16	,	,	PUNCT
gp-209	190	17	it	it	PRON
gp-209	190	18	can	can	AUX
gp-209	190	19	be	be	AUX
gp-209	190	20	seen	see	VERB
gp-209	190	21	that	that	SCONJ
gp-209	190	22	the	the	DET
gp-209	190	23	correlation	correlation	NOUN
gp-209	190	24	coefficients	coefficient	VERB
gp-209	190	25	x1	x1	PROPN
gp-209	190	26	(	(	PUNCT
gp-209	190	27	goodwill	goodwill	NOUN
gp-209	190	28	asset	asset	NOUN
gp-209	190	29	)	)	PUNCT
gp-209	190	30	and	and	CCONJ
gp-209	190	31	x2	x2	INTJ
gp-209	190	32	(	(	PUNCT
gp-209	190	33	earning	earn	VERB
gp-209	190	34	volatility	volatility	NOUN
gp-209	190	35	)	)	PUNCT
gp-209	190	36	are	be	AUX
gp-209	190	37	0.028753	0.028753	NUM
gp-209	190	38	<	<	X
gp-209	190	39	0.85	0.85	NUM
gp-209	190	40	,	,	PUNCT
gp-209	190	41	x1	x1	PROPN
gp-209	190	42	(	(	PUNCT
gp-209	190	43	goodwill	goodwill	NOUN
gp-209	190	44	asset	asset	NOUN
gp-209	190	45	)	)	PUNCT
gp-209	190	46	and	and	CCONJ
gp-209	190	47	x3	x3	ADJ
gp-209	190	48	(	(	PUNCT
gp-209	190	49	financial	financial	ADJ
gp-209	190	50	flexibility	flexibility	NOUN
gp-209	190	51	)	)	PUNCT
gp-209	190	52	are	be	AUX
gp-209	190	53	-0.291635	-0.291635	PROPN
gp-209	190	54	<	<	X
gp-209	190	55	0.85	0.85	NUM
gp-209	190	56	,	,	PUNCT
gp-209	190	57	and	and	CCONJ
gp-209	190	58	x2	x2	INTJ
gp-209	190	59	(	(	PUNCT
gp-209	190	60	earning	earn	VERB
gp-209	190	61	volatility	volatility	NOUN
gp-209	190	62	)	)	PUNCT
gp-209	190	63	and	and	CCONJ
gp-209	190	64	x3	x3	ADJ
gp-209	190	65	(	(	PUNCT
gp-209	190	66	financial	financial	ADJ
gp-209	190	67	flexibility	flexibility	NOUN
gp-209	190	68	)	)	PUNCT
gp-209	190	69	are	be	AUX
gp-209	190	70	-0.291635	-0.291635	PROPN
gp-209	190	71	<	<	X
gp-209	190	72	0.85	0.85	NUM
gp-209	190	73	,	,	PUNCT
gp-209	190	74	so	so	SCONJ
gp-209	190	75	it	it	PRON
gp-209	190	76	can	can	AUX
gp-209	190	77	be	be	AUX
gp-209	190	78	concluded	conclude	VERB
gp-209	190	79	that	that	SCONJ
gp-209	190	80	there	there	PRON
gp-209	190	81	is	be	VERB
gp-209	190	82	no	no	DET
gp-209	190	83	correlation	correlation	NOUN
gp-209	190	84	value	value	NOUN
gp-209	190	85	between	between	ADP
gp-209	190	86	independent	independent	ADJ
gp-209	190	87	variables	variable	NOUN
gp-209	190	88	that	that	PRON
gp-209	190	89	exceeds	exceed	VERB
gp-209	190	90	0.85	0.85	NUM
gp-209	190	91	so	so	SCONJ
gp-209	190	92	that	that	SCONJ
gp-209	190	93	it	it	PRON
gp-209	190	94	can	can	AUX
gp-209	190	95	be	be	AUX
gp-209	190	96	concluded	conclude	VERB
gp-209	190	97	that	that	SCONJ
gp-209	190	98	the	the	DET
gp-209	190	99	model	model	NOUN
gp-209	190	100	is	be	AUX
gp-209	190	101	free	free	ADJ
gp-209	190	102	from	from	ADP
gp-209	190	103	multicollinearity	multicollinearity	NOUN
gp-209	190	104	or	or	CCONJ
gp-209	190	105	passes	pass	VERB
gp-209	190	106	the	the	DET
gp-209	190	107	multicollinearity	multicollinearity	NOUN
gp-209	190	108	test	test	NOUN
gp-209	190	109	.	.	PUNCT
gp-209	191	1	b.	b.	PROPN
gp-209	191	2	heteroscedasticity	heteroscedasticity	PROPN
gp-209	191	3	test	test	NOUN
gp-209	191	4	results	result	NOUN
gp-209	191	5	figure	figure	VERB
gp-209	191	6	3	3	NUM
gp-209	191	7	.	.	PUNCT
gp-209	191	8	heteroscedasticity	heteroscedasticity	NOUN
gp-209	191	9	test	test	PROPN
gp-209	191	10	results	result	VERB
gp-209	191	11	source	source	NOUN
gp-209	191	12	:	:	PUNCT
gp-209	191	13	researcher	researcher	NOUN
gp-209	191	14	's	's	PART
gp-209	191	15	processed	process	VERB
gp-209	191	16	data	datum	NOUN
gp-209	191	17	(	(	PUNCT
gp-209	191	18	2025	2025	NUM
gp-209	191	19	)	)	PUNCT
gp-209	191	20	from	from	ADP
gp-209	191	21	the	the	DET
gp-209	191	22	residual	residual	ADJ
gp-209	191	23	graph	graph	NOUN
gp-209	191	24	(	(	PUNCT
gp-209	191	25	blue	blue	ADJ
gp-209	191	26	color	color	NOUN
gp-209	191	27	)	)	PUNCT
gp-209	191	28	it	it	PRON
gp-209	191	29	can	can	AUX
gp-209	191	30	be	be	AUX
gp-209	191	31	seen	see	VERB
gp-209	191	32	that	that	SCONJ
gp-209	191	33	it	it	PRON
gp-209	191	34	does	do	AUX
gp-209	191	35	not	not	PART
gp-209	191	36	cross	cross	VERB
gp-209	191	37	the	the	DET
gp-209	191	38	limit	limit	NOUN
gp-209	191	39	(	(	PUNCT
gp-209	191	40	500	500	NUM
gp-209	191	41	and	and	CCONJ
gp-209	191	42	500	500	NUM
gp-209	191	43	)	)	PUNCT
gp-209	191	44	,	,	PUNCT
gp-209	191	45	meaning	mean	VERB
gp-209	191	46	that	that	SCONJ
gp-209	191	47	the	the	DET
gp-209	191	48	residual	residual	ADJ
gp-209	191	49	variant	variant	NOUN
gp-209	191	50	is	be	AUX
gp-209	191	51	the	the	DET
gp-209	191	52	same	same	ADJ
gp-209	191	53	.	.	PUNCT
gp-209	192	1	therefore	therefore	ADV
gp-209	192	2	,	,	PUNCT
gp-209	192	3	there	there	PRON
gp-209	192	4	are	be	VERB
gp-209	192	5	no	no	DET
gp-209	192	6	symptoms	symptom	NOUN
gp-209	192	7	of	of	ADP
gp-209	192	8	heteroscedasity	heteroscedasity	NOUN
gp-209	192	9	or	or	CCONJ
gp-209	192	10	passing	pass	VERB
gp-209	192	11	the	the	DET
gp-209	192	12	heteroscedasity	heteroscedasity	NOUN
gp-209	192	13	test	test	NOUN
gp-209	192	14	.	.	PUNCT
gp-209	193	1	panel	panel	NOUN
gp-209	193	2	data	data	PROPN
gp-209	193	3	regression	regression	NOUN
gp-209	193	4	results	result	NOUN
gp-209	193	5	table	table	VERB
gp-209	193	6	7	7	NUM
gp-209	193	7	.	.	PUNCT
gp-209	193	8	estimated	estimate	VERB
gp-209	193	9	results	result	NOUN
gp-209	193	10	of	of	ADP
gp-209	193	11	panel	panel	NOUN
gp-209	193	12	data	datum	NOUN
gp-209	193	13	regression	regression	VERB
gp-209	193	14	dependent	dependent	ADJ
gp-209	193	15	variable	variable	NOUN
gp-209	193	16	:	:	PUNCT
gp-209	193	17	y	y	PROPN
gp-209	193	18	method	method	NOUN
gp-209	193	19	:	:	PUNCT
gp-209	193	20	panel	panel	NOUN
gp-209	193	21	least	least	ADJ
gp-209	193	22	squares	square	NOUN
gp-209	193	23	date	date	NOUN
gp-209	193	24	:	:	PUNCT
gp-209	193	25	02/07/25	02/07/25	NUM
gp-209	193	26	time	time	NOUN
gp-209	193	27	:	:	PUNCT
gp-209	193	28	15:49	15:49	NUM
gp-209	193	29	sample	sample	NOUN
gp-209	193	30	:	:	PUNCT
gp-209	193	31	2018	2018	NUM
gp-209	193	32	2023	2023	NUM
gp-209	193	33	periods	period	NOUN
gp-209	193	34	included	include	VERB
gp-209	193	35	:	:	PUNCT
gp-209	193	36	6	6	NUM
gp-209	193	37	cross	cros	NOUN
gp-209	193	38	-	-	NOUN
gp-209	193	39	sections	section	NOUN
gp-209	193	40	included	include	VERB
gp-209	193	41	:	:	PUNCT
gp-209	193	42	6	6	NUM
gp-209	193	43	american	american	ADJ
gp-209	193	44	journal	journal	NOUN
gp-209	193	45	of	of	ADP
gp-209	193	46	economic	economic	ADJ
gp-209	193	47	and	and	CCONJ
gp-209	193	48	management	management	NOUN
gp-209	193	49	business	business	NOUN
gp-209	193	50	vol	vol	NOUN
gp-209	193	51	.	.	PROPN
gp-209	193	52	4	4	NUM
gp-209	194	1	no	no	NOUN
gp-209	194	2	.	.	NOUN
gp-209	194	3	5	5	NUM
gp-209	194	4	may	may	AUX
gp-209	194	5	2025	2025	NUM
gp-209	194	6	380	380	NUM
gp-209	194	7	total	total	ADJ
gp-209	194	8	panel	panel	NOUN
gp-209	194	9	(	(	PUNCT
gp-209	194	10	unbalanced	unbalanced	ADJ
gp-209	194	11	)	)	PUNCT
gp-209	194	12	observations	observation	NOUN
gp-209	194	13	:	:	PUNCT
gp-209	194	14	33	33	NUM
gp-209	194	15	variable	variable	ADJ
gp-209	194	16	coefficient	coefficient	NOUN
gp-209	194	17	std	std	NOUN
gp-209	194	18	.	.	NOUN
gp-209	194	19	error	error	NOUN
gp-209	194	20	t	t	NOUN
gp-209	194	21	-	-	PUNCT
gp-209	194	22	statistic	statistic	NOUN
gp-209	194	23	prob	prob	NOUN
gp-209	194	24	.	.	PUNCT
gp-209	195	1	c	c	NOUN
gp-209	195	2	0.664538	0.664538	NUM
gp-209	195	3	0.076346	0.076346	NUM
gp-209	195	4	8.704355	8.704355	NUM
gp-209	195	5	0.0000	0.0000	NUM
gp-209	195	6	x1	x1	PRON
gp-209	195	7	-0.024387	-0.024387	NOUN
gp-209	195	8	0.108037	0.108037	NUM
gp-209	195	9	-0.225729	-0.225729	NOUN
gp-209	195	10	0.8230	0.8230	NUM
gp-209	195	11	x2	x2	NOUN
gp-209	195	12	0.391547	0.391547	NUM
gp-209	195	13	0.364207	0.364207	NUM
gp-209	195	14	1.075068	1.075068	NUM
gp-209	195	15	0.2912	0.2912	NUM
gp-209	195	16	x3	x3	ADJ
gp-209	195	17	-0.485810	-0.485810	NOUN
gp-209	195	18	0.068000	0.068000	NUM
gp-209	195	19	-7.144227	-7.144227	NOUN
gp-209	195	20	0.0000	0.0000	NUM
gp-209	195	21	r	r	NOUN
gp-209	195	22	-	-	PUNCT
gp-209	195	23	squared	square	VERB
gp-209	195	24	0.696588	0.696588	NUM
gp-209	195	25	mean	mean	NOUN
gp-209	195	26	dependent	dependent	ADJ
gp-209	195	27	var	var	NOUN
gp-209	195	28	0.899394	0.899394	NUM
gp-209	195	29	adjusted	adjusted	ADJ
gp-209	195	30	r	r	NOUN
gp-209	195	31	-	-	PUNCT
gp-209	195	32	squared	square	VERB
gp-209	195	33	0.665200	0.665200	NUM
gp-209	195	34	s.d	s.d	PROPN
gp-209	195	35	.	.	PUNCT
gp-209	196	1	dependent	dependent	ADJ
gp-209	196	2	var	var	NOUN
gp-209	196	3	0.554549	0.554549	NUM
gp-209	196	4	s.e	s.e	PROPN
gp-209	196	5	.	.	PROPN
gp-209	196	6	of	of	ADP
gp-209	196	7	regression	regression	NOUN
gp-209	196	8	0.320872	0.320872	NUM
gp-209	196	9	akaike	akaike	ADJ
gp-209	196	10	info	info	NOUN
gp-209	196	11	criterion	criterion	NOUN
gp-209	196	12	0.677666	0.677666	NUM
gp-209	196	13	sum	sum	NOUN
gp-209	196	14	squared	square	VERB
gp-209	196	15	resid	resid	NOUN
gp-209	196	16	2.985814	2.985814	NUM
gp-209	196	17	schwarz	schwarz	NOUN
gp-209	196	18	criterion	criterion	NOUN
gp-209	196	19	0.859061	0.859061	NUM
gp-209	196	20	log	log	NOUN
gp-209	196	21	likelihood	likelihood	NOUN
gp-209	196	22	-7.181490	-7.181490	VERB
gp-209	196	23	hannan	hannan	PROPN
gp-209	196	24	-	-	PUNCT
gp-209	196	25	quinn	quinn	PROPN
gp-209	196	26	criter	criter	NOUN
gp-209	196	27	.	.	PUNCT
gp-209	197	1	0.738700	0.738700	NUM
gp-209	197	2	f	f	X
gp-209	197	3	-	-	PUNCT
gp-209	197	4	statistic	statistic	ADJ
gp-209	197	5	22.19320	22.19320	NUM
gp-209	197	6	durbin	durbin	ADJ
gp-209	197	7	-	-	PUNCT
gp-209	197	8	watson	watson	NOUN
gp-209	197	9	stat	stat	PROPN
gp-209	197	10	0.733247	0.733247	NUM
gp-209	197	11	prob(f	prob(f	NOUN
gp-209	197	12	-	-	PUNCT
gp-209	197	13	statistic	statistic	NOUN
gp-209	197	14	)	)	PUNCT
gp-209	197	15	0.000000	0.000000	NUM
gp-209	197	16	source	source	NOUN
gp-209	197	17	:	:	PUNCT
gp-209	197	18	researcher	researcher	NOUN
gp-209	197	19	's	's	PART
gp-209	197	20	processed	process	VERB
gp-209	197	21	data	datum	NOUN
gp-209	197	22	(	(	PUNCT
gp-209	197	23	2025	2025	NUM
gp-209	197	24	)	)	PUNCT
gp-209	197	25	based	base	VERB
gp-209	197	26	on	on	ADP
gp-209	197	27	table	table	NOUN
gp-209	197	28	7	7	NUM
gp-209	197	29	,	,	PUNCT
gp-209	197	30	the	the	DET
gp-209	197	31	value	value	NOUN
gp-209	197	32	of	of	ADP
gp-209	197	33	the	the	DET
gp-209	197	34	coefficient	coefficient	NOUN
gp-209	197	35	constant	constant	ADJ
gp-209	197	36	can	can	AUX
gp-209	197	37	be	be	AUX
gp-209	197	38	known	know	VERB
gp-209	197	39	,	,	PUNCT
gp-209	197	40	so	so	SCONJ
gp-209	197	41	that	that	SCONJ
gp-209	197	42	it	it	PRON
gp-209	197	43	can	can	AUX
gp-209	197	44	be	be	AUX
gp-209	197	45	formed	form	VERB
gp-209	197	46	in	in	ADP
gp-209	197	47	the	the	DET
gp-209	197	48	regression	regression	NOUN
gp-209	197	49	equation	equation	NOUN
gp-209	197	50	as	as	SCONJ
gp-209	197	51	follows	follow	VERB
gp-209	197	52	:	:	PUNCT
gp-209	197	53	y	y	PROPN
gp-209	197	54	(	(	PUNCT
gp-209	197	55	cs)=	cs)=	VERB
gp-209	197	56	0.664538	0.664538	NUM
gp-209	197	57	0.024387x1(gass	0.024387x1(gass	NUM
gp-209	197	58	)	)	PUNCT
gp-209	197	59	+	+	NUM
gp-209	197	60	0.391547*x2(evol	0.391547*x2(evol	NUM
gp-209	197	61	)	)	PUNCT
gp-209	197	62	-0.485810*x3(finflex	-0.485810*x3(finflex	NOUN
gp-209	197	63	)	)	PUNCT
gp-209	197	64	the	the	DET
gp-209	197	65	above	above	ADJ
gp-209	197	66	equation	equation	NOUN
gp-209	197	67	can	can	AUX
gp-209	197	68	be	be	AUX
gp-209	197	69	interpreted	interpret	VERB
gp-209	197	70	as	as	ADP
gp-209	197	71	follows	follow	VERB
gp-209	197	72	:	:	PUNCT
gp-209	198	1	1	1	X
gp-209	198	2	.	.	PUNCT
gp-209	198	3	the	the	DET
gp-209	198	4	constant	constant	ADJ
gp-209	198	5	value	value	NOUN
gp-209	198	6	of	of	ADP
gp-209	198	7	0.664538	0.664538	NUM
gp-209	198	8	means	mean	VERB
gp-209	198	9	that	that	SCONJ
gp-209	198	10	if	if	SCONJ
gp-209	198	11	the	the	DET
gp-209	198	12	goodwill	goodwill	NOUN
gp-209	198	13	asset	asset	NOUN
gp-209	198	14	(	(	PUNCT
gp-209	198	15	x1	x1	PROPN
gp-209	198	16	)	)	PUNCT
gp-209	198	17	,	,	PUNCT
gp-209	198	18	earning	earn	VERB
gp-209	198	19	volatility	volatility	NOUN
gp-209	198	20	(	(	PUNCT
gp-209	198	21	x2	x2	PROPN
gp-209	198	22	)	)	PUNCT
gp-209	198	23	and	and	CCONJ
gp-209	198	24	financial	financial	ADJ
gp-209	198	25	flexibility	flexibility	NOUN
gp-209	198	26	(	(	PUNCT
gp-209	198	27	x3	x3	ADJ
gp-209	198	28	)	)	PUNCT
gp-209	198	29	are	be	AUX
gp-209	198	30	zero	zero	NUM
gp-209	198	31	,	,	PUNCT
gp-209	198	32	then	then	ADV
gp-209	198	33	the	the	DET
gp-209	198	34	capital	capital	NOUN
gp-209	198	35	structure	structure	NOUN
gp-209	198	36	(	(	PUNCT
gp-209	198	37	y	y	NOUN
gp-209	198	38	)	)	PUNCT
gp-209	198	39	will	will	AUX
gp-209	198	40	be	be	AUX
gp-209	198	41	worth	worth	ADJ
gp-209	198	42	0.664538	0.664538	NUM
gp-209	198	43	units	unit	NOUN
gp-209	198	44	.	.	PUNCT
gp-209	199	1	2	2	X
gp-209	199	2	.	.	X
gp-209	199	3	the	the	DET
gp-209	199	4	regression	regression	NOUN
gp-209	199	5	coefficient	coefficient	NOUN
gp-209	199	6	of	of	ADP
gp-209	199	7	the	the	DET
gp-209	199	8	goodwill	goodwill	NOUN
gp-209	199	9	asset	asset	NOUN
gp-209	199	10	variable	variable	NOUN
gp-209	199	11	(	(	PUNCT
gp-209	199	12	x1	x1	PROPN
gp-209	199	13	)	)	PUNCT
gp-209	199	14	is	be	AUX
gp-209	199	15	-0.024387	-0.024387	NOUN
gp-209	199	16	which	which	PRON
gp-209	199	17	means	mean	VERB
gp-209	199	18	that	that	SCONJ
gp-209	199	19	if	if	SCONJ
gp-209	199	20	there	there	PRON
gp-209	199	21	is	be	VERB
gp-209	199	22	a	a	DET
gp-209	199	23	change	change	NOUN
gp-209	199	24	in	in	ADP
gp-209	199	25	the	the	DET
gp-209	199	26	goodwill	goodwill	NOUN
gp-209	199	27	asset	asset	NOUN
gp-209	199	28	(	(	PUNCT
gp-209	199	29	x1	x1	PROPN
gp-209	199	30	)	)	PUNCT
gp-209	199	31	by	by	ADP
gp-209	199	32	1	1	NUM
gp-209	199	33	unit	unit	NOUN
gp-209	199	34	(	(	PUNCT
gp-209	199	35	assuming	assume	VERB
gp-209	199	36	other	other	ADJ
gp-209	199	37	variables	variable	NOUN
gp-209	199	38	are	be	AUX
gp-209	199	39	constant	constant	ADJ
gp-209	199	40	)	)	PUNCT
gp-209	199	41	,	,	PUNCT
gp-209	199	42	then	then	ADV
gp-209	199	43	the	the	DET
gp-209	199	44	value	value	NOUN
gp-209	199	45	of	of	ADP
gp-209	199	46	the	the	DET
gp-209	199	47	capital	capital	NOUN
gp-209	199	48	structure	structure	NOUN
gp-209	199	49	(	(	PUNCT
gp-209	199	50	y	y	NOUN
gp-209	199	51	)	)	PUNCT
gp-209	199	52	will	will	AUX
gp-209	199	53	decrease	decrease	VERB
gp-209	199	54	by	by	ADP
gp-209	199	55	-0.024387	-0.024387	NOUN
gp-209	199	56	3	3	X
gp-209	199	57	.	.	PUNCT
gp-209	200	1	the	the	DET
gp-209	200	2	regression	regression	NOUN
gp-209	200	3	coefficient	coefficient	NOUN
gp-209	200	4	of	of	ADP
gp-209	200	5	the	the	DET
gp-209	200	6	earning	earn	VERB
gp-209	200	7	volatility	volatility	NOUN
gp-209	200	8	variable	variable	NOUN
gp-209	200	9	(	(	PUNCT
gp-209	200	10	x2	x2	PROPN
gp-209	200	11	)	)	PUNCT
gp-209	200	12	is	be	AUX
gp-209	200	13	0.391547	0.391547	NUM
gp-209	200	14	which	which	PRON
gp-209	200	15	means	mean	VERB
gp-209	200	16	that	that	SCONJ
gp-209	200	17	if	if	SCONJ
gp-209	200	18	there	there	PRON
gp-209	200	19	is	be	VERB
gp-209	200	20	a	a	DET
gp-209	200	21	change	change	NOUN
gp-209	200	22	in	in	ADP
gp-209	200	23	earning	earn	VERB
gp-209	200	24	volatility	volatility	NOUN
gp-209	200	25	(	(	PUNCT
gp-209	200	26	x2	x2	PROPN
gp-209	200	27	)	)	PUNCT
gp-209	200	28	by	by	ADP
gp-209	200	29	1	1	NUM
gp-209	200	30	unit	unit	NOUN
gp-209	200	31	(	(	PUNCT
gp-209	200	32	assuming	assume	VERB
gp-209	200	33	the	the	DET
gp-209	200	34	other	other	ADJ
gp-209	200	35	variables	variable	NOUN
gp-209	200	36	are	be	AUX
gp-209	200	37	constant	constant	ADJ
gp-209	200	38	)	)	PUNCT
gp-209	200	39	,	,	PUNCT
gp-209	200	40	then	then	ADV
gp-209	200	41	the	the	DET
gp-209	200	42	value	value	NOUN
gp-209	200	43	of	of	ADP
gp-209	200	44	the	the	DET
gp-209	200	45	capital	capital	NOUN
gp-209	200	46	structure	structure	NOUN
gp-209	200	47	(	(	PUNCT
gp-209	200	48	y	y	NOUN
gp-209	200	49	)	)	PUNCT
gp-209	200	50	will	will	AUX
gp-209	200	51	increase	increase	VERB
gp-209	200	52	by	by	ADP
gp-209	200	53	0.391547	0.391547	NUM
gp-209	200	54	4	4	NUM
gp-209	200	55	.	.	PUNCT
gp-209	201	1	the	the	DET
gp-209	201	2	regression	regression	NOUN
gp-209	201	3	coefficient	coefficient	NOUN
gp-209	201	4	of	of	ADP
gp-209	201	5	the	the	DET
gp-209	201	6	financial	financial	ADJ
gp-209	201	7	flexibility	flexibility	NOUN
gp-209	201	8	variable	variable	NOUN
gp-209	201	9	(	(	PUNCT
gp-209	201	10	x3	x3	ADJ
gp-209	201	11	)	)	PUNCT
gp-209	201	12	is	be	AUX
gp-209	201	13	-0.485810	-0.485810	NOUN
gp-209	201	14	which	which	PRON
gp-209	201	15	means	mean	VERB
gp-209	201	16	that	that	SCONJ
gp-209	201	17	if	if	SCONJ
gp-209	201	18	there	there	PRON
gp-209	201	19	is	be	VERB
gp-209	201	20	a	a	DET
gp-209	201	21	change	change	NOUN
gp-209	201	22	in	in	ADP
gp-209	201	23	financial	financial	ADJ
gp-209	201	24	flexibility	flexibility	NOUN
gp-209	201	25	(	(	PUNCT
gp-209	201	26	x3	x3	ADJ
gp-209	201	27	)	)	PUNCT
gp-209	201	28	by	by	ADP
gp-209	201	29	1	1	NUM
gp-209	201	30	unit	unit	NOUN
gp-209	201	31	(	(	PUNCT
gp-209	201	32	assuming	assume	VERB
gp-209	201	33	other	other	ADJ
gp-209	201	34	variables	variable	NOUN
gp-209	201	35	are	be	AUX
gp-209	201	36	constant	constant	ADJ
gp-209	201	37	)	)	PUNCT
gp-209	201	38	,	,	PUNCT
gp-209	201	39	then	then	ADV
gp-209	201	40	the	the	DET
gp-209	201	41	value	value	NOUN
gp-209	201	42	of	of	ADP
gp-209	201	43	the	the	DET
gp-209	201	44	capital	capital	NOUN
gp-209	201	45	structure	structure	NOUN
gp-209	201	46	(	(	PUNCT
gp-209	201	47	y	y	NOUN
gp-209	201	48	)	)	PUNCT
gp-209	201	49	will	will	AUX
gp-209	201	50	decrease	decrease	VERB
gp-209	201	51	by	by	ADP
gp-209	201	52	-0.485810	-0.485810	NOUN
gp-209	201	53	.	.	PUNCT
gp-209	202	1	a.	a.	PROPN
gp-209	202	2	pengujian	pengujian	PROPN
gp-209	202	3	hypothesis	hypothesis	NOUN
gp-209	202	4	1	1	NUM
gp-209	202	5	)	)	PUNCT
gp-209	202	6	determination	determination	NOUN
gp-209	202	7	test	test	NOUN
gp-209	202	8	results	result	NOUN
gp-209	202	9	(	(	PUNCT
gp-209	202	10	r	r	NOUN
gp-209	202	11	squared	square	VERB
gp-209	202	12	)	)	PUNCT
gp-209	202	13	based	base	VERB
gp-209	202	14	on	on	ADP
gp-209	202	15	table	table	NOUN
gp-209	202	16	4.6	4.6	NUM
gp-209	202	17	,	,	PUNCT
gp-209	202	18	the	the	DET
gp-209	202	19	coefficient	coefficient	NOUN
gp-209	202	20	of	of	ADP
gp-209	202	21	the	the	DET
gp-209	202	22	determination	determination	NOUN
gp-209	202	23	value	value	NOUN
gp-209	202	24	r	r	NOUN
gp-209	202	25	is	be	AUX
gp-209	202	26	0.696588	0.696588	NUM
gp-209	202	27	,	,	PUNCT
gp-209	202	28	it	it	PRON
gp-209	202	29	shows	show	VERB
gp-209	202	30	that	that	SCONJ
gp-209	202	31	goodwill	goodwill	NOUN
gp-209	202	32	assets	asset	NOUN
gp-209	202	33	(	(	PUNCT
gp-209	202	34	x1	x1	PROPN
gp-209	202	35	)	)	PUNCT
gp-209	202	36	,	,	PUNCT
gp-209	202	37	earning	earn	VERB
gp-209	202	38	volatility	volatility	NOUN
gp-209	202	39	(	(	PUNCT
gp-209	202	40	x2	x2	PROPN
gp-209	202	41	)	)	PUNCT
gp-209	202	42	,	,	PUNCT
gp-209	202	43	financial	financial	ADJ
gp-209	202	44	flexibility	flexibility	NOUN
gp-209	202	45	(	(	PUNCT
gp-209	202	46	x3	x3	ADJ
gp-209	202	47	)	)	PUNCT
gp-209	202	48	before	before	ADP
gp-209	202	49	moderated	moderate	VERB
gp-209	202	50	by	by	ADP
gp-209	202	51	financial	financial	ADJ
gp-209	202	52	market	market	NOUN
gp-209	202	53	development	development	NOUN
gp-209	202	54	are	be	AUX
gp-209	202	55	able	able	ADJ
gp-209	202	56	to	to	PART
gp-209	202	57	explain	explain	VERB
gp-209	202	58	the	the	DET
gp-209	202	59	value	value	NOUN
gp-209	202	60	of	of	ADP
gp-209	202	61	capital	capital	NOUN
gp-209	202	62	structure	structure	NOUN
gp-209	202	63	of	of	ADP
gp-209	202	64	69.6	69.6	NUM
gp-209	202	65	%	%	NOUN
gp-209	202	66	while	while	SCONJ
gp-209	202	67	the	the	DET
gp-209	202	68	remaining	remain	VERB
gp-209	202	69	30.4	30.4	NUM
gp-209	202	70	%	%	NOUN
gp-209	202	71	is	be	AUX
gp-209	202	72	explained	explain	VERB
gp-209	202	73	by	by	ADP
gp-209	202	74	other	other	ADJ
gp-209	202	75	variables	variable	NOUN
gp-209	202	76	outside	outside	ADP
gp-209	202	77	the	the	DET
gp-209	202	78	study	study	NOUN
gp-209	202	79	.	.	PUNCT
gp-209	203	1	2	2	X
gp-209	203	2	)	)	PUNCT
gp-209	203	3	simultaneous	simultaneous	ADJ
gp-209	203	4	tests	test	NOUN
gp-209	203	5	simultaneous	simultaneous	ADJ
gp-209	203	6	tests	test	NOUN
gp-209	203	7	are	be	AUX
gp-209	203	8	performed	perform	VERB
gp-209	203	9	to	to	PART
gp-209	203	10	test	test	VERB
gp-209	203	11	whether	whether	SCONJ
gp-209	203	12	independent	independent	ADJ
gp-209	203	13	variables	variable	NOUN
gp-209	203	14	simultaneously	simultaneously	ADV
gp-209	203	15	or	or	CCONJ
gp-209	203	16	together	together	ADV
gp-209	203	17	have	have	VERB
gp-209	203	18	a	a	DET
gp-209	203	19	significant	significant	ADJ
gp-209	203	20	influence	influence	NOUN
gp-209	203	21	on	on	ADP
gp-209	203	22	dependent	dependent	ADJ
gp-209	203	23	variables	variable	NOUN
gp-209	203	24	.	.	PUNCT
gp-209	204	1	with	with	ADP
gp-209	204	2	the	the	DET
gp-209	204	3	provisions	provision	NOUN
gp-209	204	4	of	of	ADP
gp-209	204	5	decisionmaking	decisionmake	VERB
gp-209	204	6	,	,	PUNCT
gp-209	204	7	if	if	SCONJ
gp-209	204	8	the	the	DET
gp-209	204	9	prob	prob	NOUN
gp-209	204	10	.	.	PUNCT
gp-209	205	1	(	(	PUNCT
gp-209	205	2	f	f	PROPN
gp-209	205	3	statistic	statistic	PROPN
gp-209	205	4	)	)	PUNCT
gp-209	205	5	<	<	X
gp-209	205	6	0.05	0.05	NUM
gp-209	205	7	(	(	PUNCT
gp-209	205	8	significance	significance	NOUN
gp-209	205	9	level	level	NOUN
gp-209	205	10	5	5	NUM
gp-209	205	11	%	%	NOUN
gp-209	205	12	)	)	PUNCT
gp-209	205	13	,	,	PUNCT
gp-209	205	14	then	then	ADV
gp-209	205	15	h0	h0	PROPN
gp-209	205	16	is	be	AUX
gp-209	205	17	rejected	reject	VERB
gp-209	205	18	which	which	PRON
gp-209	205	19	means	mean	VERB
gp-209	205	20	joko	joko	PROPN
gp-209	205	21	kristanto	kristanto	PROPN
gp-209	205	22	,	,	PUNCT
gp-209	205	23	irni	irni	NOUN
gp-209	205	24	yunita	yunita	PROPN
gp-209	205	25	381	381	NUM
gp-209	205	26	that	that	SCONJ
gp-209	205	27	the	the	DET
gp-209	205	28	independent	independent	ADJ
gp-209	205	29	variables	variable	NOUN
gp-209	205	30	have	have	VERB
gp-209	205	31	a	a	DET
gp-209	205	32	significant	significant	ADJ
gp-209	205	33	influence	influence	NOUN
gp-209	205	34	on	on	ADP
gp-209	205	35	the	the	DET
gp-209	205	36	dependent	dependent	ADJ
gp-209	205	37	variables	variable	NOUN
gp-209	205	38	together	together	ADV
gp-209	205	39	.	.	PUNCT
gp-209	206	1	however	however	ADV
gp-209	206	2	,	,	PUNCT
gp-209	206	3	if	if	SCONJ
gp-209	206	4	prob	prob	PROPN
gp-209	206	5	.	.	PUNCT
gp-209	207	1	(	(	PUNCT
gp-209	207	2	f.	f.	PROPN
gp-209	207	3	statistic	statistic	PROPN
gp-209	207	4	)	)	PUNCT
gp-209	207	5	>	>	X
gp-209	208	1	0.05	0.05	NUM
gp-209	208	2	(	(	PUNCT
gp-209	208	3	significance	significance	NOUN
gp-209	208	4	level	level	NOUN
gp-209	208	5	5	5	NUM
gp-209	208	6	%	%	NOUN
gp-209	208	7	)	)	PUNCT
gp-209	208	8	,	,	PUNCT
gp-209	208	9	then	then	ADV
gp-209	208	10	h0	h0	PROPN
gp-209	208	11	is	be	AUX
gp-209	208	12	accepted	accept	VERB
gp-209	208	13	which	which	PRON
gp-209	208	14	means	mean	VERB
gp-209	208	15	that	that	SCONJ
gp-209	208	16	the	the	DET
gp-209	208	17	independent	independent	ADJ
gp-209	208	18	variables	variable	NOUN
gp-209	208	19	have	have	VERB
gp-209	208	20	no	no	DET
gp-209	208	21	influence	influence	NOUN
gp-209	208	22	on	on	ADP
gp-209	208	23	the	the	DET
gp-209	208	24	dependent	dependent	ADJ
gp-209	208	25	variables	variable	NOUN
gp-209	208	26	together	together	ADV
gp-209	208	27	.	.	PUNCT
gp-209	209	1	based	base	VERB
gp-209	209	2	on	on	ADP
gp-209	209	3	table	table	NOUN
gp-209	209	4	4.6	4.6	NUM
gp-209	209	5	,	,	PUNCT
gp-209	209	6	it	it	PRON
gp-209	209	7	is	be	AUX
gp-209	209	8	obtained	obtain	VERB
gp-209	209	9	that	that	SCONJ
gp-209	209	10	the	the	DET
gp-209	209	11	value	value	NOUN
gp-209	209	12	of	of	ADP
gp-209	209	13	prob	prob	PROPN
gp-209	209	14	.	.	PUNCT
gp-209	210	1	(	(	PUNCT
gp-209	210	2	f	f	X
gp-209	210	3	-	-	PUNCT
gp-209	210	4	statistic	statistic	NOUN
gp-209	210	5	)	)	PUNCT
gp-209	210	6	of	of	ADP
gp-209	210	7	0.000000	0.000000	NUM
gp-209	210	8	<	<	X
gp-209	210	9	0.05	0.05	NUM
gp-209	210	10	;	;	PUNCT
gp-209	210	11	then	then	ADV
gp-209	210	12	h0	h0	PROPN
gp-209	210	13	is	be	AUX
gp-209	210	14	rejected	reject	VERB
gp-209	210	15	which	which	PRON
gp-209	210	16	means	mean	VERB
gp-209	210	17	that	that	SCONJ
gp-209	210	18	simultaneously	simultaneously	ADV
gp-209	210	19	goodwill	goodwill	NOUN
gp-209	210	20	assets	asset	NOUN
gp-209	210	21	(	(	PUNCT
gp-209	210	22	x1	x1	PROPN
gp-209	210	23	)	)	PUNCT
gp-209	210	24	,	,	PUNCT
gp-209	210	25	earning	earn	VERB
gp-209	210	26	volatility	volatility	NOUN
gp-209	210	27	(	(	PUNCT
gp-209	210	28	x2	x2	PROPN
gp-209	210	29	)	)	PUNCT
gp-209	210	30	and	and	CCONJ
gp-209	210	31	financial	financial	ADJ
gp-209	210	32	flexibility	flexibility	NOUN
gp-209	210	33	(	(	PUNCT
gp-209	210	34	x3	x3	ADJ
gp-209	210	35	)	)	PUNCT
gp-209	210	36	have	have	VERB
gp-209	210	37	a	a	DET
gp-209	210	38	significant	significant	ADJ
gp-209	210	39	influence	influence	NOUN
gp-209	210	40	on	on	ADP
gp-209	210	41	the	the	DET
gp-209	210	42	capital	capital	NOUN
gp-209	210	43	structure	structure	NOUN
gp-209	210	44	before	before	ADP
gp-209	210	45	being	be	AUX
gp-209	210	46	moderated	moderate	VERB
gp-209	210	47	by	by	ADP
gp-209	210	48	financial	financial	ADJ
gp-209	210	49	market	market	NOUN
gp-209	210	50	development	development	NOUN
gp-209	210	51	(	(	PUNCT
gp-209	210	52	z	z	NOUN
gp-209	210	53	)	)	PUNCT
gp-209	210	54	.	.	PUNCT
gp-209	211	1	3	3	X
gp-209	211	2	)	)	PUNCT
gp-209	211	3	partial	partial	ADJ
gp-209	211	4	test	test	NOUN
gp-209	211	5	a	a	DET
gp-209	211	6	partial	partial	ADJ
gp-209	211	7	test	test	NOUN
gp-209	211	8	was	be	AUX
gp-209	211	9	carried	carry	VERB
gp-209	211	10	out	out	ADP
gp-209	211	11	to	to	PART
gp-209	211	12	determine	determine	VERB
gp-209	211	13	the	the	DET
gp-209	211	14	value	value	NOUN
gp-209	211	15	of	of	ADP
gp-209	211	16	the	the	DET
gp-209	211	17	regression	regression	NOUN
gp-209	211	18	coefficient	coefficient	NOUN
gp-209	211	19	individually	individually	ADV
gp-209	211	20	on	on	ADP
gp-209	211	21	the	the	DET
gp-209	211	22	dependent	dependent	ADJ
gp-209	211	23	variable	variable	NOUN
gp-209	211	24	whether	whether	SCONJ
gp-209	211	25	it	it	PRON
gp-209	211	26	was	be	AUX
gp-209	211	27	significant	significant	ADJ
gp-209	211	28	or	or	CCONJ
gp-209	211	29	not	not	PART
gp-209	211	30	.	.	PUNCT
gp-209	212	1	the	the	DET
gp-209	212	2	provisions	provision	NOUN
gp-209	212	3	for	for	ADP
gp-209	212	4	partial	partial	ADJ
gp-209	212	5	test	test	NOUN
gp-209	212	6	decisionmaking	decisionmaking	NOUN
gp-209	212	7	are	be	AUX
gp-209	212	8	t	t	NOUN
gp-209	212	9	calculated	calculate	VERB
gp-209	212	10	≥	≥	PROPN
gp-209	212	11	t	t	NOUN
gp-209	212	12	table	table	NOUN
gp-209	212	13	or	or	CCONJ
gp-209	212	14	prob	prob	NOUN
gp-209	212	15	.	.	PUNCT
gp-209	213	1	(	(	PUNCT
gp-209	213	2	p	p	NOUN
gp-209	213	3	-	-	PUNCT
gp-209	213	4	value	value	NOUN
gp-209	213	5	)	)	PUNCT
gp-209	213	6	<	<	X
gp-209	213	7	0.05	0.05	NUM
gp-209	213	8	(	(	PUNCT
gp-209	213	9	significance	significance	NOUN
gp-209	213	10	level	level	NOUN
gp-209	213	11	of	of	ADP
gp-209	213	12	5	5	NUM
gp-209	213	13	%	%	NOUN
gp-209	213	14	)	)	PUNCT
gp-209	213	15	,	,	PUNCT
gp-209	213	16	then	then	ADV
gp-209	213	17	h0	h0	PROPN
gp-209	213	18	is	be	AUX
gp-209	213	19	rejected	reject	VERB
gp-209	213	20	which	which	PRON
gp-209	213	21	means	mean	VERB
gp-209	213	22	that	that	SCONJ
gp-209	213	23	the	the	DET
gp-209	213	24	independent	independent	ADJ
gp-209	213	25	variable	variable	NOUN
gp-209	213	26	has	have	VERB
gp-209	213	27	a	a	DET
gp-209	213	28	significant	significant	ADJ
gp-209	213	29	influence	influence	NOUN
gp-209	213	30	on	on	ADP
gp-209	213	31	the	the	DET
gp-209	213	32	dependent	dependent	ADJ
gp-209	213	33	variable	variable	NOUN
gp-209	213	34	partially	partially	ADV
gp-209	213	35	.	.	PUNCT
gp-209	214	1	however	however	ADV
gp-209	214	2	,	,	PUNCT
gp-209	214	3	if	if	SCONJ
gp-209	214	4	the	the	DET
gp-209	214	5	t	t	NOUN
gp-209	214	6	-	-	PUNCT
gp-209	214	7	value	value	NOUN
gp-209	214	8	of	of	ADP
gp-209	214	9	the	the	DET
gp-209	214	10	<	<	X
gp-209	214	11	table	table	NOUN
gp-209	214	12	or	or	CCONJ
gp-209	214	13	prob	prob	NOUN
gp-209	214	14	(	(	PUNCT
gp-209	214	15	p	p	NOUN
gp-209	214	16	-	-	PUNCT
gp-209	214	17	value	value	NOUN
gp-209	214	18	)	)	PUNCT
gp-209	214	19	>	>	X
gp-209	214	20	0.05	0.05	NUM
gp-209	214	21	(	(	PUNCT
gp-209	214	22	significance	significance	NOUN
gp-209	214	23	level	level	NOUN
gp-209	214	24	of	of	ADP
gp-209	214	25	5	5	NUM
gp-209	214	26	%	%	NOUN
gp-209	214	27	)	)	PUNCT
gp-209	214	28	,	,	PUNCT
gp-209	214	29	then	then	ADV
gp-209	214	30	h0	h0	PROPN
gp-209	214	31	is	be	AUX
gp-209	214	32	accepted	accept	VERB
gp-209	214	33	,	,	PUNCT
gp-209	214	34	which	which	PRON
gp-209	214	35	means	mean	VERB
gp-209	214	36	that	that	SCONJ
gp-209	214	37	the	the	DET
gp-209	214	38	independent	independent	ADJ
gp-209	214	39	variable	variable	NOUN
gp-209	214	40	does	do	AUX
gp-209	214	41	not	not	PART
gp-209	214	42	have	have	VERB
gp-209	214	43	a	a	DET
gp-209	214	44	significant	significant	ADJ
gp-209	214	45	influence	influence	NOUN
gp-209	214	46	on	on	ADP
gp-209	214	47	the	the	DET
gp-209	214	48	dependent	dependent	ADJ
gp-209	214	49	variable	variable	NOUN
gp-209	214	50	partially	partially	ADV
gp-209	214	51	.	.	PUNCT
gp-209	215	1	based	base	VERB
gp-209	215	2	on	on	ADP
gp-209	215	3	table	table	NOUN
gp-209	215	4	4.6	4.6	NUM
gp-209	215	5	it	it	PRON
gp-209	215	6	can	can	AUX
gp-209	215	7	be	be	AUX
gp-209	215	8	concluded	conclude	VERB
gp-209	215	9	that	that	SCONJ
gp-209	215	10	:	:	PUNCT
gp-209	215	11	a	a	X
gp-209	215	12	)	)	PUNCT
gp-209	215	13	variabel	variabel	NOUN
gp-209	215	14	goodwill	goodwill	NOUN
gp-209	215	15	asset	asset	NOUN
gp-209	215	16	hypothesis	hypothesis	NOUN
gp-209	215	17	(	(	PUNCT
gp-209	215	18	x1	x1	PROPN
gp-209	215	19	)	)	PUNCT
gp-209	215	20	the	the	DET
gp-209	215	21	p	p	NOUN
gp-209	215	22	-	-	PUNCT
gp-209	215	23	value	value	NOUN
gp-209	215	24	(	(	PUNCT
gp-209	215	25	sig	sig	NOUN
gp-209	215	26	.	.	PUNCT
gp-209	215	27	)	)	PUNCT
gp-209	216	1	value	value	NOUN
gp-209	216	2	of	of	ADP
gp-209	216	3	the	the	DET
gp-209	216	4	goodwill	goodwill	NOUN
gp-209	216	5	asset	asset	NOUN
gp-209	216	6	variable	variable	NOUN
gp-209	216	7	is	be	AUX
gp-209	216	8	0.8230	0.8230	NUM
gp-209	216	9	.	.	PUNCT
gp-209	217	1	because	because	SCONJ
gp-209	217	2	of	of	ADP
gp-209	217	3	the	the	DET
gp-209	217	4	prob	prob	NOUN
gp-209	217	5	.	.	PUNCT
gp-209	218	1	(	(	PUNCT
gp-209	218	2	pvalue)>0.05	pvalue)>0.05	NOUN
gp-209	218	3	(	(	PUNCT
gp-209	218	4	significance	significance	NOUN
gp-209	218	5	level	level	NOUN
gp-209	218	6	of	of	ADP
gp-209	218	7	5	5	NUM
gp-209	218	8	%	%	NOUN
gp-209	218	9	)	)	PUNCT
gp-209	218	10	or	or	CCONJ
gp-209	218	11	0.8230>0.05	0.8230>0.05	NUM
gp-209	218	12	,	,	PUNCT
gp-209	218	13	then	then	ADV
gp-209	218	14	h0	h0	PROPN
gp-209	218	15	is	be	AUX
gp-209	218	16	accepted	accept	VERB
gp-209	218	17	and	and	CCONJ
gp-209	218	18	the	the	DET
gp-209	218	19	conclusion	conclusion	NOUN
gp-209	218	20	is	be	AUX
gp-209	218	21	obtained	obtain	VERB
gp-209	218	22	that	that	SCONJ
gp-209	218	23	the	the	DET
gp-209	218	24	goodwill	goodwill	NOUN
gp-209	218	25	asset	asset	NOUN
gp-209	218	26	does	do	AUX
gp-209	218	27	not	not	PART
gp-209	218	28	have	have	VERB
gp-209	218	29	a	a	DET
gp-209	218	30	significant	significant	ADJ
gp-209	218	31	influence	influence	NOUN
gp-209	218	32	on	on	ADP
gp-209	218	33	the	the	DET
gp-209	218	34	capital	capital	NOUN
gp-209	218	35	structure	structure	NOUN
gp-209	218	36	.	.	PUNCT
gp-209	219	1	b	b	X
gp-209	219	2	)	)	PUNCT
gp-209	219	3	variabel	variabel	NOUN
gp-209	219	4	hypothesis	hypothesis	NOUN
gp-209	219	5	earning	earn	VERB
gp-209	219	6	volatility	volatility	NOUN
gp-209	219	7	(	(	PUNCT
gp-209	219	8	x2	x2	PROPN
gp-209	219	9	)	)	PUNCT
gp-209	220	1	the	the	PRON
gp-209	220	2	p	p	NOUN
gp-209	220	3	-	-	PUNCT
gp-209	220	4	value	value	NOUN
gp-209	220	5	(	(	PUNCT
gp-209	220	6	sig	sig	NOUN
gp-209	220	7	.	.	PUNCT
gp-209	220	8	)	)	PUNCT
gp-209	221	1	value	value	NOUN
gp-209	221	2	of	of	ADP
gp-209	221	3	the	the	DET
gp-209	221	4	earning	earn	VERB
gp-209	221	5	volatility	volatility	NOUN
gp-209	221	6	variable	variable	NOUN
gp-209	221	7	is	be	AUX
gp-209	221	8	0.2912	0.2912	NUM
gp-209	221	9	.	.	PUNCT
gp-209	222	1	because	because	SCONJ
gp-209	222	2	of	of	ADP
gp-209	222	3	the	the	DET
gp-209	222	4	prob	prob	NOUN
gp-209	222	5	.	.	PUNCT
gp-209	223	1	(	(	PUNCT
gp-209	223	2	pvalue)>0.05	pvalue)>0.05	NOUN
gp-209	223	3	(	(	PUNCT
gp-209	223	4	significance	significance	NOUN
gp-209	223	5	level	level	NOUN
gp-209	223	6	of	of	ADP
gp-209	223	7	5	5	NUM
gp-209	223	8	%	%	NOUN
gp-209	223	9	)	)	PUNCT
gp-209	223	10	or	or	CCONJ
gp-209	223	11	0.2912>0.05	0.2912>0.05	NUM
gp-209	223	12	,	,	PUNCT
gp-209	223	13	then	then	ADV
gp-209	223	14	h0	h0	PROPN
gp-209	223	15	is	be	AUX
gp-209	223	16	accepted	accept	VERB
gp-209	223	17	and	and	CCONJ
gp-209	223	18	the	the	DET
gp-209	223	19	conclusion	conclusion	NOUN
gp-209	223	20	is	be	AUX
gp-209	223	21	obtained	obtain	VERB
gp-209	223	22	that	that	SCONJ
gp-209	223	23	earning	earn	VERB
gp-209	223	24	volatility	volatility	NOUN
gp-209	223	25	has	have	VERB
gp-209	223	26	no	no	DET
gp-209	223	27	significant	significant	ADJ
gp-209	223	28	influence	influence	NOUN
gp-209	223	29	on	on	ADP
gp-209	223	30	the	the	DET
gp-209	223	31	capital	capital	NOUN
gp-209	223	32	structure	structure	NOUN
gp-209	223	33	.	.	PUNCT
gp-209	224	1	c	c	X
gp-209	224	2	)	)	PUNCT
gp-209	224	3	variabel	variabel	NOUN
gp-209	224	4	financial	financial	ADJ
gp-209	224	5	flexibility	flexibility	NOUN
gp-209	224	6	hypothesis	hypothesis	NOUN
gp-209	224	7	(	(	PUNCT
gp-209	224	8	x3	x3	ADJ
gp-209	224	9	)	)	PUNCT
gp-209	224	10	the	the	DET
gp-209	224	11	p	p	NOUN
gp-209	224	12	-	-	PUNCT
gp-209	224	13	value	value	NOUN
gp-209	224	14	(	(	PUNCT
gp-209	224	15	sig	sig	NOUN
gp-209	224	16	.	.	PUNCT
gp-209	224	17	)	)	PUNCT
gp-209	224	18	of	of	ADP
gp-209	224	19	the	the	DET
gp-209	224	20	financial	financial	ADJ
gp-209	224	21	flexibility	flexibility	NOUN
gp-209	224	22	variable	variable	NOUN
gp-209	224	23	is	be	AUX
gp-209	224	24	0.000	0.000	NUM
gp-209	224	25	.	.	PUNCT
gp-209	225	1	because	because	SCONJ
gp-209	225	2	of	of	ADP
gp-209	225	3	the	the	DET
gp-209	225	4	prob	prob	NOUN
gp-209	225	5	.	.	PUNCT
gp-209	226	1	(	(	PUNCT
gp-209	226	2	pvalue)<0.05	pvalue)<0.05	NOUN
gp-209	226	3	(	(	PUNCT
gp-209	226	4	significance	significance	NOUN
gp-209	226	5	level	level	NOUN
gp-209	226	6	of	of	ADP
gp-209	226	7	5	5	NUM
gp-209	226	8	%	%	NOUN
gp-209	226	9	)	)	PUNCT
gp-209	226	10	or	or	CCONJ
gp-209	226	11	0.000<0.05	0.000<0.05	NUM
gp-209	226	12	,	,	PUNCT
gp-209	226	13	then	then	ADV
gp-209	226	14	h0	h0	PROPN
gp-209	226	15	is	be	AUX
gp-209	226	16	rejected	reject	VERB
gp-209	226	17	and	and	CCONJ
gp-209	226	18	the	the	DET
gp-209	226	19	conclusion	conclusion	NOUN
gp-209	226	20	is	be	AUX
gp-209	226	21	obtained	obtain	VERB
gp-209	226	22	that	that	SCONJ
gp-209	226	23	financial	financial	ADJ
gp-209	226	24	flexibility	flexibility	NOUN
gp-209	226	25	has	have	VERB
gp-209	226	26	a	a	DET
gp-209	226	27	significant	significant	ADJ
gp-209	226	28	influence	influence	NOUN
gp-209	226	29	on	on	ADP
gp-209	226	30	the	the	DET
gp-209	226	31	capital	capital	NOUN
gp-209	226	32	structure	structure	NOUN
gp-209	226	33	.	.	PUNCT
gp-209	227	1	results	result	NOUN
gp-209	227	2	of	of	ADP
gp-209	227	3	moderation	moderation	NOUN
gp-209	227	4	regression	regression	NOUN
gp-209	227	5	analysis	analysis	NOUN
gp-209	227	6	the	the	DET
gp-209	227	7	following	follow	VERB
gp-209	227	8	are	be	AUX
gp-209	227	9	the	the	DET
gp-209	227	10	results	result	NOUN
gp-209	227	11	of	of	ADP
gp-209	227	12	the	the	DET
gp-209	227	13	estimated	estimate	VERB
gp-209	227	14	influence	influence	NOUN
gp-209	227	15	of	of	ADP
gp-209	227	16	goodwill	goodwill	NOUN
gp-209	227	17	assets	asset	NOUN
gp-209	227	18	(	(	PUNCT
gp-209	227	19	x1	x1	PROPN
gp-209	227	20	)	)	PUNCT
gp-209	227	21	,	,	PUNCT
gp-209	227	22	earning	earn	VERB
gp-209	227	23	volatility	volatility	NOUN
gp-209	227	24	(	(	PUNCT
gp-209	227	25	x2	x2	PROPN
gp-209	227	26	)	)	PUNCT
gp-209	227	27	,	,	PUNCT
gp-209	227	28	financial	financial	ADJ
gp-209	227	29	flexibility	flexibility	NOUN
gp-209	227	30	(	(	PUNCT
gp-209	227	31	x3	x3	ADJ
gp-209	227	32	)	)	PUNCT
gp-209	227	33	on	on	ADP
gp-209	227	34	capital	capital	NOUN
gp-209	227	35	structure	structure	NOUN
gp-209	227	36	(	(	PUNCT
gp-209	227	37	y	y	NOUN
gp-209	227	38	)	)	PUNCT
gp-209	227	39	moderated	moderate	VERB
gp-209	227	40	by	by	ADP
gp-209	227	41	financial	financial	ADJ
gp-209	227	42	market	market	NOUN
gp-209	227	43	development	development	NOUN
gp-209	227	44	(	(	PUNCT
gp-209	227	45	z	z	NOUN
gp-209	227	46	):	):	PUNCT
gp-209	227	47	table	table	NOUN
gp-209	227	48	8	8	NUM
gp-209	227	49	.	.	PUNCT
gp-209	228	1	results	result	NOUN
gp-209	228	2	of	of	ADP
gp-209	228	3	the	the	DET
gp-209	228	4	moderation	moderation	NOUN
gp-209	228	5	regression	regression	NOUN
gp-209	228	6	test	test	NOUN
gp-209	228	7	dependent	dependent	ADJ
gp-209	228	8	variable	variable	NOUN
gp-209	228	9	:	:	PUNCT
gp-209	228	10	y	y	PROPN
gp-209	228	11	method	method	NOUN
gp-209	228	12	:	:	PUNCT
gp-209	228	13	panel	panel	NOUN
gp-209	228	14	least	least	ADJ
gp-209	228	15	squares	square	NOUN
gp-209	228	16	date	date	NOUN
gp-209	228	17	:	:	PUNCT
gp-209	228	18	02/10/25	02/10/25	NUM
gp-209	228	19	time	time	NOUN
gp-209	228	20	:	:	PUNCT
gp-209	228	21	12:20	12:20	NUM
gp-209	228	22	sample	sample	NOUN
gp-209	228	23	:	:	PUNCT
gp-209	228	24	2018	2018	NUM
gp-209	228	25	2023	2023	NUM
gp-209	228	26	periods	period	NOUN
gp-209	228	27	included	include	VERB
gp-209	228	28	:	:	PUNCT
gp-209	228	29	6	6	NUM
gp-209	228	30	cross	cros	NOUN
gp-209	228	31	-	-	NOUN
gp-209	228	32	sections	section	NOUN
gp-209	228	33	included	include	VERB
gp-209	228	34	:	:	PUNCT
gp-209	228	35	19	19	NUM
gp-209	228	36	total	total	ADJ
gp-209	228	37	panel	panel	NOUN
gp-209	228	38	(	(	PUNCT
gp-209	228	39	unbalanced	unbalanced	ADJ
gp-209	228	40	)	)	PUNCT
gp-209	228	41	observations	observation	NOUN
gp-209	228	42	:	:	PUNCT
gp-209	228	43	74	74	NUM
gp-209	228	44	variable	variable	ADJ
gp-209	228	45	coefficient	coefficient	NOUN
gp-209	228	46	std	std	NOUN
gp-209	228	47	.	.	NOUN
gp-209	228	48	error	error	NOUN
gp-209	228	49	t	t	NOUN
gp-209	228	50	-	-	PUNCT
gp-209	228	51	statistic	statistic	NOUN
gp-209	228	52	prob	prob	NOUN
gp-209	228	53	.	.	PUNCT
gp-209	229	1	american	american	PROPN
gp-209	229	2	journal	journal	PROPN
gp-209	229	3	of	of	ADP
gp-209	229	4	economic	economic	ADJ
gp-209	229	5	and	and	CCONJ
gp-209	229	6	management	management	NOUN
gp-209	229	7	business	business	NOUN
gp-209	229	8	vol	vol	NOUN
gp-209	229	9	.	.	PROPN
gp-209	230	1	4	4	NUM
gp-209	230	2	no	no	NOUN
gp-209	230	3	.	.	NOUN
gp-209	230	4	5	5	NUM
gp-209	230	5	may	may	AUX
gp-209	230	6	2025	2025	NUM
gp-209	230	7	382	382	NUM
gp-209	231	1	c	c	NOUN
gp-209	231	2	1.594400	1.594400	NUM
gp-209	231	3	1.830048	1.830048	NUM
gp-209	231	4	0.871234	0.871234	NUM
gp-209	231	5	0.3878	0.3878	NUM
gp-209	232	1	x1	x1	NUM
gp-209	232	2	-2.054100	-2.054100	PROPN
gp-209	232	3	1.904318	1.904318	NUM
gp-209	232	4	-1.078654	-1.078654	NOUN
gp-209	233	1	0.2859	0.2859	NUM
gp-209	233	2	x2	x2	NOUN
gp-209	233	3	0.158685	0.158685	NUM
gp-209	233	4	0.201812	0.201812	NUM
gp-209	233	5	0.786301	0.786301	NUM
gp-209	233	6	0.4354	0.4354	NUM
gp-209	233	7	x3	x3	NOUN
gp-209	233	8	0.114465	0.114465	NUM
gp-209	233	9	0.023504	0.023504	NUM
gp-209	233	10	4.870013	4.870013	NUM
gp-209	233	11	0.0000	0.0000	NUM
gp-209	233	12	with	with	ADP
gp-209	233	13	-1.841813	-1.841813	NOUN
gp-209	233	14	5.298885	5.298885	NUM
gp-209	233	15	-0.347585	-0.347585	NOUN
gp-209	233	16	0.7296	0.7296	NUM
gp-209	233	17	x1z	x1z	PROPN
gp-209	234	1	6.702400	6.702400	NUM
gp-209	234	2	5.560733	5.560733	NUM
gp-209	234	3	1.205309	1.205309	NUM
gp-209	234	4	0.2338	0.2338	NUM
gp-209	234	5	effects	effect	NOUN
gp-209	234	6	specification	specification	NOUN
gp-209	234	7	cross	cross	ADJ
gp-209	234	8	-	-	ADJ
gp-209	234	9	section	section	NOUN
gp-209	234	10	fixed	fix	VERB
gp-209	234	11	(	(	PUNCT
gp-209	234	12	dummy	dummy	ADJ
gp-209	234	13	variables	variable	NOUN
gp-209	234	14	)	)	PUNCT
gp-209	234	15	r	r	X
gp-209	234	16	-	-	PUNCT
gp-209	234	17	squared	square	VERB
gp-209	234	18	0.783837	0.783837	NUM
gp-209	234	19	mean	mean	VERB
gp-209	234	20	dependent	dependent	ADJ
gp-209	234	21	var	var	NOUN
gp-209	234	22	0.764865	0.764865	NUM
gp-209	234	23	adjusted	adjusted	ADJ
gp-209	234	24	r	r	NOUN
gp-209	234	25	-	-	PUNCT
gp-209	234	26	squared	square	VERB
gp-209	234	27	0.684402	0.684402	NUM
gp-209	234	28	s.d	s.d	PROPN
gp-209	234	29	.	.	PROPN
gp-209	235	1	dependent	dependent	ADJ
gp-209	235	2	var	var	NOUN
gp-209	235	3	0.600345	0.600345	NUM
gp-209	235	4	s.e	s.e	PROPN
gp-209	235	5	.	.	PROPN
gp-209	235	6	of	of	ADP
gp-209	235	7	regression	regression	NOUN
gp-209	235	8	0.337262	0.337262	NUM
gp-209	235	9	akaike	akaike	ADJ
gp-209	235	10	info	info	NOUN
gp-209	235	11	criterion	criterion	NOUN
gp-209	235	12	0.920695	0.920695	NUM
gp-209	235	13	sum	sum	NOUN
gp-209	235	14	squared	square	VERB
gp-209	235	15	resid	resid	NOUN
gp-209	235	16	5.687294	5.687294	NUM
gp-209	235	17	schwarz	schwarz	NOUN
gp-209	235	18	criterion	criterion	NOUN
gp-209	235	19	1.667960	1.667960	NUM
gp-209	235	20	log	log	NOUN
gp-209	235	21	likelihood	likelihood	NOUN
gp-209	235	22	-10.06572	-10.06572	PUNCT
gp-209	235	23	hannan	hannan	PROPN
gp-209	235	24	-	-	PUNCT
gp-209	235	25	quinn	quinn	PROPN
gp-209	235	26	criter	criter	NOUN
gp-209	235	27	.	.	PUNCT
gp-209	236	1	1.218788	1.218788	NUM
gp-209	236	2	f	f	X
gp-209	236	3	-	-	PUNCT
gp-209	236	4	statistic	statistic	ADJ
gp-209	236	5	7.882925	7.882925	NUM
gp-209	236	6	durbin	durbin	ADJ
gp-209	236	7	-	-	PUNCT
gp-209	236	8	watson	watson	NOUN
gp-209	236	9	stat	stat	NOUN
gp-209	236	10	1.647130	1.647130	NUM
gp-209	236	11	prob(f	prob(f	NOUN
gp-209	236	12	-	-	PUNCT
gp-209	236	13	statistic	statistic	NOUN
gp-209	236	14	)	)	PUNCT
gp-209	236	15	0.000000	0.000000	NUM
gp-209	236	16	source	source	NOUN
gp-209	236	17	:	:	PUNCT
gp-209	236	18	researcher	researcher	NOUN
gp-209	236	19	's	's	PART
gp-209	236	20	processed	process	VERB
gp-209	236	21	data	datum	NOUN
gp-209	236	22	(	(	PUNCT
gp-209	236	23	2025	2025	NUM
gp-209	236	24	)	)	PUNCT
gp-209	236	25	based	base	VERB
gp-209	236	26	on	on	ADP
gp-209	236	27	table	table	NOUN
gp-209	236	28	8	8	NUM
gp-209	236	29	,	,	PUNCT
gp-209	236	30	the	the	DET
gp-209	236	31	value	value	NOUN
gp-209	236	32	of	of	ADP
gp-209	236	33	the	the	DET
gp-209	236	34	coefficient	coefficient	NOUN
gp-209	236	35	constant	constant	ADJ
gp-209	236	36	can	can	AUX
gp-209	236	37	be	be	AUX
gp-209	236	38	known	know	VERB
gp-209	236	39	,	,	PUNCT
gp-209	236	40	so	so	SCONJ
gp-209	236	41	that	that	SCONJ
gp-209	236	42	it	it	PRON
gp-209	236	43	can	can	AUX
gp-209	236	44	be	be	AUX
gp-209	236	45	formed	form	VERB
gp-209	236	46	in	in	ADP
gp-209	236	47	the	the	DET
gp-209	236	48	moderation	moderation	NOUN
gp-209	236	49	regression	regression	NOUN
gp-209	236	50	equation	equation	NOUN
gp-209	236	51	as	as	SCONJ
gp-209	236	52	follows	follow	VERB
gp-209	236	53	:	:	PUNCT
gp-209	236	54	y	y	PROPN
gp-209	236	55	(	(	PUNCT
gp-209	236	56	capital	capital	NOUN
gp-209	236	57	structure)=	structure)=	VERB
gp-209	236	58	1.594400	1.594400	NUM
gp-209	236	59	-	-	SYM
gp-209	236	60	2.0541100x1(goodwill	2.0541100x1(goodwill	NUM
gp-209	236	61	asset	asset	NOUN
gp-209	236	62	)	)	PUNCT
gp-209	236	63	+0.158685x2(earning	+0.158685x2(earne	VERB
gp-209	236	64	volatility)+0.114465x3(financial	volatility)+0.114465x3(financial	NOUN
gp-209	236	65	flexibility)-1,841813	flexibility)-1,841813	PROPN
gp-209	236	66	z	z	PROPN
gp-209	236	67	(	(	PUNCT
gp-209	236	68	financial	financial	ADJ
gp-209	236	69	market	market	NOUN
gp-209	236	70	development)+6.702400x1(goodwill	development)+6.702400x1(goodwill	NOUN
gp-209	236	71	asset	asset	NOUN
gp-209	236	72	)	)	PUNCT
gp-209	236	73	*	*	PUNCT
gp-209	237	1	z	z	X
gp-209	237	2	(	(	PUNCT
gp-209	237	3	financial	financial	ADJ
gp-209	237	4	market	market	NOUN
gp-209	237	5	development	development	NOUN
gp-209	237	6	)	)	PUNCT
gp-209	237	7	the	the	DET
gp-209	237	8	above	above	ADJ
gp-209	237	9	equation	equation	NOUN
gp-209	237	10	can	can	AUX
gp-209	237	11	be	be	AUX
gp-209	237	12	interpreted	interpret	VERB
gp-209	237	13	as	as	SCONJ
gp-209	237	14	follows	follow	VERB
gp-209	237	15	:	:	PUNCT
gp-209	238	1	1	1	X
gp-209	238	2	.	.	PUNCT
gp-209	238	3	the	the	DET
gp-209	238	4	constant	constant	ADJ
gp-209	238	5	value	value	NOUN
gp-209	238	6	of	of	ADP
gp-209	238	7	1.594400	1.594400	NUM
gp-209	238	8	means	mean	VERB
gp-209	238	9	that	that	SCONJ
gp-209	238	10	if	if	SCONJ
gp-209	238	11	the	the	DET
gp-209	238	12	goodwill	goodwill	NOUN
gp-209	238	13	asset	asset	NOUN
gp-209	238	14	(	(	PUNCT
gp-209	238	15	x1	x1	PROPN
gp-209	238	16	)	)	PUNCT
gp-209	238	17	,	,	PUNCT
gp-209	238	18	earning	earn	VERB
gp-209	238	19	volatility	volatility	NOUN
gp-209	238	20	(	(	PUNCT
gp-209	238	21	x2	x2	PROPN
gp-209	238	22	)	)	PUNCT
gp-209	238	23	and	and	CCONJ
gp-209	238	24	financial	financial	ADJ
gp-209	238	25	flexibility	flexibility	NOUN
gp-209	238	26	(	(	PUNCT
gp-209	238	27	x3	x3	ADJ
gp-209	238	28	)	)	PUNCT
gp-209	238	29	moderated	moderate	VERB
gp-209	238	30	by	by	ADP
gp-209	238	31	financial	financial	ADJ
gp-209	238	32	market	market	NOUN
gp-209	238	33	development	development	NOUN
gp-209	238	34	are	be	AUX
gp-209	238	35	worth	worth	ADJ
gp-209	238	36	zero	zero	NUM
gp-209	238	37	,	,	PUNCT
gp-209	238	38	then	then	ADV
gp-209	238	39	the	the	DET
gp-209	238	40	capital	capital	NOUN
gp-209	238	41	structure	structure	NOUN
gp-209	238	42	(	(	PUNCT
gp-209	238	43	y	y	NOUN
gp-209	238	44	)	)	PUNCT
gp-209	238	45	will	will	AUX
gp-209	238	46	be	be	AUX
gp-209	238	47	worth	worth	ADJ
gp-209	238	48	1.594400	1.594400	NUM
gp-209	238	49	units	unit	NOUN
gp-209	238	50	.	.	PUNCT
gp-209	239	1	2	2	X
gp-209	239	2	.	.	X
gp-209	239	3	the	the	DET
gp-209	239	4	regression	regression	NOUN
gp-209	239	5	coefficient	coefficient	NOUN
gp-209	239	6	of	of	ADP
gp-209	239	7	the	the	DET
gp-209	239	8	goodwill	goodwill	NOUN
gp-209	239	9	asset	asset	NOUN
gp-209	239	10	variable	variable	NOUN
gp-209	239	11	(	(	PUNCT
gp-209	239	12	x1	x1	PROPN
gp-209	239	13	)	)	PUNCT
gp-209	239	14	moderated	moderate	VERB
gp-209	239	15	by	by	ADP
gp-209	239	16	financial	financial	ADJ
gp-209	239	17	market	market	NOUN
gp-209	239	18	development	development	NOUN
gp-209	239	19	is	be	AUX
gp-209	239	20	6.702400	6.702400	NUM
gp-209	239	21	when	when	SCONJ
gp-209	239	22	compared	compare	VERB
gp-209	239	23	to	to	ADP
gp-209	239	24	the	the	DET
gp-209	239	25	regression	regression	NOUN
gp-209	239	26	coefficient	coefficient	NOUN
gp-209	239	27	of	of	ADP
gp-209	239	28	goodwill	goodwill	NOUN
gp-209	239	29	assets	asset	NOUN
gp-209	239	30	before	before	ADP
gp-209	239	31	moderated	moderate	VERB
gp-209	239	32	by	by	ADP
gp-209	239	33	financial	financial	ADJ
gp-209	239	34	market	market	NOUN
gp-209	239	35	development	development	NOUN
gp-209	239	36	(	(	PUNCT
gp-209	239	37	in	in	ADP
gp-209	239	38	regression	regression	NOUN
gp-209	239	39	model	model	NOUN
gp-209	239	40	1	1	NUM
gp-209	239	41	)	)	PUNCT
gp-209	239	42	which	which	PRON
gp-209	239	43	is	be	AUX
gp-209	239	44	-0.024387	-0.024387	NOUN
gp-209	239	45	,	,	PUNCT
gp-209	239	46	then	then	ADV
gp-209	239	47	the	the	DET
gp-209	239	48	regression	regression	NOUN
gp-209	239	49	coefficient	coefficient	NOUN
gp-209	239	50	in	in	ADP
gp-209	239	51	model	model	NOUN
gp-209	239	52	2	2	NUM
gp-209	239	53	is	be	AUX
gp-209	239	54	larger	large	ADJ
gp-209	239	55	.	.	PUNCT
gp-209	240	1	this	this	PRON
gp-209	240	2	shows	show	VERB
gp-209	240	3	that	that	SCONJ
gp-209	240	4	financial	financial	ADJ
gp-209	240	5	market	market	NOUN
gp-209	240	6	development	development	NOUN
gp-209	240	7	has	have	VERB
gp-209	240	8	the	the	DET
gp-209	240	9	property	property	NOUN
gp-209	240	10	of	of	ADP
gp-209	240	11	strengthening	strengthen	VERB
gp-209	240	12	the	the	DET
gp-209	240	13	influence	influence	NOUN
gp-209	240	14	of	of	ADP
gp-209	240	15	goodwill	goodwill	NOUN
gp-209	240	16	assets	asset	NOUN
gp-209	240	17	on	on	ADP
gp-209	240	18	capital	capital	NOUN
gp-209	240	19	structure	structure	NOUN
gp-209	240	20	.	.	PUNCT
gp-209	241	1	1	1	X
gp-209	241	2	.	.	X
gp-209	241	3	uji	uji	PROPN
gp-209	241	4	hypothesis	hypothesis	NOUN
gp-209	241	5	a.	a.	NOUN
gp-209	241	6	determination	determination	PROPN
gp-209	241	7	test	test	NOUN
gp-209	241	8	results	result	NOUN
gp-209	241	9	(	(	PUNCT
gp-209	241	10	r	r	NOUN
gp-209	241	11	squared	square	VERB
gp-209	241	12	)	)	PUNCT
gp-209	241	13	based	base	VERB
gp-209	241	14	on	on	ADP
gp-209	241	15	table	table	NOUN
gp-209	241	16	4.6	4.6	NUM
gp-209	241	17	,	,	PUNCT
gp-209	241	18	it	it	PRON
gp-209	241	19	can	can	AUX
gp-209	241	20	be	be	AUX
gp-209	241	21	seen	see	VERB
gp-209	241	22	that	that	SCONJ
gp-209	241	23	the	the	DET
gp-209	241	24	value	value	NOUN
gp-209	241	25	of	of	ADP
gp-209	241	26	the	the	DET
gp-209	241	27	determination	determination	NOUN
gp-209	241	28	coefficient	coefficient	NOUN
gp-209	241	29	of	of	ADP
gp-209	241	30	r2	r2	PROPN
gp-209	241	31	is	be	AUX
gp-209	241	32	0.783837	0.783837	NUM
gp-209	241	33	or	or	CCONJ
gp-209	241	34	78.38	78.38	NUM
gp-209	241	35	%	%	NOUN
gp-209	241	36	.	.	PUNCT
gp-209	242	1	this	this	PRON
gp-209	242	2	shows	show	VERB
gp-209	242	3	that	that	SCONJ
gp-209	242	4	asset	asset	NOUN
gp-209	242	5	goodwill	goodwill	NOUN
gp-209	242	6	,	,	PUNCT
gp-209	242	7	earning	earn	VERB
gp-209	242	8	volatility	volatility	NOUN
gp-209	242	9	,	,	PUNCT
gp-209	242	10	financial	financial	ADJ
gp-209	242	11	flexibility	flexibility	NOUN
gp-209	242	12	moderated	moderate	VERB
gp-209	242	13	by	by	ADP
gp-209	242	14	financial	financial	ADJ
gp-209	242	15	market	market	NOUN
gp-209	242	16	development	development	NOUN
gp-209	242	17	are	be	AUX
gp-209	242	18	able	able	ADJ
gp-209	242	19	to	to	PART
gp-209	242	20	explain	explain	VERB
gp-209	242	21	the	the	DET
gp-209	242	22	value	value	NOUN
gp-209	242	23	of	of	ADP
gp-209	242	24	capital	capital	NOUN
gp-209	242	25	structure	structure	NOUN
gp-209	242	26	of	of	ADP
gp-209	242	27	78.38	78.38	NUM
gp-209	242	28	%	%	NOUN
gp-209	242	29	while	while	SCONJ
gp-209	242	30	the	the	DET
gp-209	242	31	remaining	remain	VERB
gp-209	242	32	21.62	21.62	NUM
gp-209	242	33	%	%	NOUN
gp-209	242	34	is	be	AUX
gp-209	242	35	explained	explain	VERB
gp-209	242	36	by	by	ADP
gp-209	242	37	other	other	ADJ
gp-209	242	38	variables	variable	NOUN
gp-209	242	39	outside	outside	ADP
gp-209	242	40	the	the	DET
gp-209	242	41	study	study	NOUN
gp-209	242	42	.	.	PUNCT
gp-209	243	1	b.	b.	PROPN
gp-209	243	2	simultaneous	simultaneous	ADJ
gp-209	243	3	test	test	NOUN
gp-209	243	4	results	result	VERB
gp-209	243	5	the	the	DET
gp-209	243	6	simultaneous	simultaneous	ADJ
gp-209	243	7	test	test	NOUN
gp-209	243	8	was	be	AUX
gp-209	243	9	conducted	conduct	VERB
gp-209	243	10	to	to	PART
gp-209	243	11	test	test	VERB
gp-209	243	12	whether	whether	SCONJ
gp-209	243	13	the	the	DET
gp-209	243	14	independent	independent	ADJ
gp-209	243	15	variables	variable	NOUN
gp-209	243	16	of	of	ADP
gp-209	243	17	goodwill	goodwill	NOUN
gp-209	243	18	asset	asset	NOUN
gp-209	243	19	(	(	PUNCT
gp-209	243	20	x1	x1	PROPN
gp-209	243	21	)	)	PUNCT
gp-209	243	22	,	,	PUNCT
gp-209	243	23	earning	earn	VERB
gp-209	243	24	volatility	volatility	NOUN
gp-209	243	25	(	(	PUNCT
gp-209	243	26	x2	x2	PROPN
gp-209	243	27	)	)	PUNCT
gp-209	243	28	,	,	PUNCT
gp-209	243	29	financial	financial	ADJ
gp-209	243	30	flexibility	flexibility	NOUN
gp-209	243	31	(	(	PUNCT
gp-209	243	32	x3	x3	ADJ
gp-209	243	33	)	)	PUNCT
gp-209	243	34	simultaneously	simultaneously	ADV
gp-209	243	35	or	or	CCONJ
gp-209	243	36	together	together	ADV
gp-209	243	37	have	have	VERB
gp-209	243	38	a	a	DET
gp-209	243	39	significant	significant	ADJ
gp-209	243	40	influence	influence	NOUN
gp-209	243	41	on	on	ADP
gp-209	243	42	the	the	DET
gp-209	243	43	dependent	dependent	ADJ
gp-209	243	44	variable	variable	NOUN
gp-209	243	45	,	,	PUNCT
gp-209	243	46	namely	namely	ADV
gp-209	243	47	capital	capital	NOUN
gp-209	243	48	structure	structure	NOUN
gp-209	243	49	moderated	moderate	VERB
gp-209	243	50	by	by	ADP
gp-209	243	51	financial	financial	ADJ
gp-209	243	52	market	market	NOUN
gp-209	243	53	development	development	NOUN
gp-209	243	54	.	.	PUNCT
gp-209	244	1	with	with	ADP
gp-209	244	2	the	the	DET
gp-209	244	3	provisions	provision	NOUN
gp-209	244	4	of	of	ADP
gp-209	244	5	decision	decision	NOUN
gp-209	244	6	-	-	PUNCT
gp-209	244	7	making	making	NOUN
gp-209	244	8	,	,	PUNCT
gp-209	244	9	if	if	SCONJ
gp-209	244	10	the	the	DET
gp-209	244	11	prob	prob	NOUN
gp-209	244	12	.	.	PUNCT
gp-209	245	1	(	(	PUNCT
gp-209	245	2	f	f	PROPN
gp-209	245	3	statistic	statistic	PROPN
gp-209	245	4	)	)	PUNCT
gp-209	245	5	joko	joko	PROPN
gp-209	245	6	kristanto	kristanto	PROPN
gp-209	245	7	,	,	PUNCT
gp-209	245	8	irni	irni	NOUN
gp-209	245	9	yunita	yunita	NOUN
gp-209	245	10	383	383	NUM
gp-209	245	11	<	<	X
gp-209	245	12	0.05	0.05	NUM
gp-209	245	13	(	(	PUNCT
gp-209	245	14	significance	significance	NOUN
gp-209	245	15	level	level	NOUN
gp-209	245	16	5	5	NUM
gp-209	245	17	%	%	NOUN
gp-209	245	18	)	)	PUNCT
gp-209	245	19	,	,	PUNCT
gp-209	245	20	then	then	ADV
gp-209	245	21	h0	h0	PROPN
gp-209	245	22	is	be	AUX
gp-209	245	23	rejected	reject	VERB
gp-209	245	24	which	which	PRON
gp-209	245	25	means	mean	VERB
gp-209	245	26	that	that	SCONJ
gp-209	245	27	the	the	DET
gp-209	245	28	independent	independent	ADJ
gp-209	245	29	variables	variable	NOUN
gp-209	245	30	have	have	VERB
gp-209	245	31	a	a	DET
gp-209	245	32	significant	significant	ADJ
gp-209	245	33	influence	influence	NOUN
gp-209	245	34	on	on	ADP
gp-209	245	35	the	the	DET
gp-209	245	36	dependent	dependent	ADJ
gp-209	245	37	variables	variable	NOUN
gp-209	245	38	together	together	ADV
gp-209	245	39	.	.	PUNCT
gp-209	246	1	however	however	ADV
gp-209	246	2	,	,	PUNCT
gp-209	246	3	if	if	SCONJ
gp-209	246	4	prob	prob	PROPN
gp-209	246	5	.	.	PUNCT
gp-209	247	1	(	(	PUNCT
gp-209	247	2	f	f	PROPN
gp-209	247	3	statistic	statistic	PROPN
gp-209	247	4	)	)	PUNCT
gp-209	247	5	>	>	X
gp-209	248	1	0.05	0.05	NUM
gp-209	248	2	(	(	PUNCT
gp-209	248	3	significance	significance	NOUN
gp-209	248	4	level	level	NOUN
gp-209	248	5	5	5	NUM
gp-209	248	6	%	%	NOUN
gp-209	248	7	)	)	PUNCT
gp-209	248	8	,	,	PUNCT
gp-209	248	9	then	then	ADV
gp-209	248	10	h0	h0	PROPN
gp-209	248	11	is	be	AUX
gp-209	248	12	accepted	accept	VERB
gp-209	248	13	which	which	PRON
gp-209	248	14	means	mean	VERB
gp-209	248	15	that	that	SCONJ
gp-209	248	16	the	the	DET
gp-209	248	17	independent	independent	ADJ
gp-209	248	18	variables	variable	NOUN
gp-209	248	19	have	have	VERB
gp-209	248	20	no	no	DET
gp-209	248	21	influence	influence	NOUN
gp-209	248	22	on	on	ADP
gp-209	248	23	the	the	DET
gp-209	248	24	dependent	dependent	ADJ
gp-209	248	25	variables	variable	NOUN
gp-209	248	26	together	together	ADV
gp-209	248	27	.	.	PUNCT
gp-209	249	1	based	base	VERB
gp-209	249	2	on	on	ADP
gp-209	249	3	table	table	NOUN
gp-209	249	4	4.7	4.7	NUM
gp-209	249	5	,	,	PUNCT
gp-209	249	6	it	it	PRON
gp-209	249	7	is	be	AUX
gp-209	249	8	obtained	obtain	VERB
gp-209	249	9	that	that	SCONJ
gp-209	249	10	the	the	DET
gp-209	249	11	value	value	NOUN
gp-209	249	12	of	of	ADP
gp-209	249	13	prob	prob	PROPN
gp-209	249	14	.	.	PUNCT
gp-209	250	1	(	(	PUNCT
gp-209	250	2	f	f	X
gp-209	250	3	-	-	PUNCT
gp-209	250	4	statistic	statistic	NOUN
gp-209	250	5	)	)	PUNCT
gp-209	250	6	of	of	ADP
gp-209	250	7	0.000000	0.000000	NUM
gp-209	250	8	<	<	NOUN
gp-209	250	9	0.05	0.05	NUM
gp-209	250	10	;	;	PUNCT
gp-209	250	11	h0	h0	NOUN
gp-209	250	12	is	be	AUX
gp-209	250	13	rejected	reject	VERB
gp-209	250	14	which	which	PRON
gp-209	250	15	means	mean	VERB
gp-209	250	16	that	that	SCONJ
gp-209	250	17	simultaneously	simultaneously	ADV
gp-209	250	18	goodwill	goodwill	NOUN
gp-209	250	19	assets	asset	NOUN
gp-209	250	20	,	,	PUNCT
gp-209	250	21	earning	earn	VERB
gp-209	250	22	volatility	volatility	NOUN
gp-209	250	23	and	and	CCONJ
gp-209	250	24	financial	financial	ADJ
gp-209	250	25	flexibility	flexibility	NOUN
gp-209	250	26	have	have	VERB
gp-209	250	27	a	a	DET
gp-209	250	28	significant	significant	ADJ
gp-209	250	29	influence	influence	NOUN
gp-209	250	30	on	on	ADP
gp-209	250	31	the	the	DET
gp-209	250	32	capital	capital	NOUN
gp-209	250	33	structure	structure	NOUN
gp-209	250	34	by	by	ADP
gp-209	250	35	being	be	AUX
gp-209	250	36	moderated	moderate	VERB
gp-209	250	37	by	by	ADP
gp-209	250	38	financial	financial	ADJ
gp-209	250	39	market	market	NOUN
gp-209	250	40	development	development	PROPN
gp-209	250	41	c.	c.	PROPN
gp-209	250	42	partial	partial	ADJ
gp-209	250	43	test	test	NOUN
gp-209	250	44	results	result	VERB
gp-209	250	45	a	a	DET
gp-209	250	46	partial	partial	ADJ
gp-209	250	47	test	test	NOUN
gp-209	250	48	was	be	AUX
gp-209	250	49	carried	carry	VERB
gp-209	250	50	out	out	ADP
gp-209	250	51	to	to	PART
gp-209	250	52	determine	determine	VERB
gp-209	250	53	whether	whether	SCONJ
gp-209	250	54	the	the	DET
gp-209	250	55	independent	independent	ADJ
gp-209	250	56	variables	variable	NOUN
gp-209	250	57	of	of	ADP
gp-209	250	58	goodwill	goodwill	NOUN
gp-209	250	59	asset	asset	NOUN
gp-209	250	60	(	(	PUNCT
gp-209	250	61	x1	x1	PROPN
gp-209	250	62	)	)	PUNCT
gp-209	250	63	,	,	PUNCT
gp-209	250	64	earning	earn	VERB
gp-209	250	65	volatility	volatility	NOUN
gp-209	250	66	(	(	PUNCT
gp-209	250	67	x2	x2	NOUN
gp-209	250	68	)	)	PUNCT
gp-209	250	69	,	,	PUNCT
gp-209	250	70	and	and	CCONJ
gp-209	250	71	financial	financial	ADJ
gp-209	250	72	flexibility	flexibility	NOUN
gp-209	250	73	(	(	PUNCT
gp-209	250	74	x3	x3	ADJ
gp-209	250	75	)	)	PUNCT
gp-209	250	76	can	can	AUX
gp-209	250	77	individually	individually	ADV
gp-209	250	78	affect	affect	VERB
gp-209	250	79	the	the	DET
gp-209	250	80	dependent	dependent	ADJ
gp-209	250	81	variable	variable	NOUN
gp-209	250	82	,	,	PUNCT
gp-209	250	83	namely	namely	ADV
gp-209	250	84	the	the	DET
gp-209	250	85	value	value	NOUN
gp-209	250	86	of	of	ADP
gp-209	250	87	the	the	DET
gp-209	250	88	capital	capital	NOUN
gp-209	250	89	structure	structure	NOUN
gp-209	250	90	significantly	significantly	ADV
gp-209	250	91	or	or	CCONJ
gp-209	250	92	not	not	PART
gp-209	250	93	.	.	PUNCT
gp-209	251	1	the	the	DET
gp-209	251	2	provision	provision	NOUN
gp-209	251	3	for	for	ADP
gp-209	251	4	partial	partial	ADJ
gp-209	251	5	test	test	NOUN
gp-209	251	6	decision	decision	NOUN
gp-209	251	7	-	-	PUNCT
gp-209	251	8	making	making	NOUN
gp-209	251	9	is	be	AUX
gp-209	251	10	if	if	SCONJ
gp-209	251	11	the	the	DET
gp-209	251	12	value	value	NOUN
gp-209	251	13	t	t	NOUN
gp-209	251	14	is	be	AUX
gp-209	251	15	calculated	calculate	VERB
gp-209	251	16	≥	≥	PROPN
gp-209	251	17	t	t	NOUN
gp-209	251	18	table	table	NOUN
gp-209	251	19	or	or	CCONJ
gp-209	251	20	prob	prob	NOUN
gp-209	251	21	.	.	PUNCT
gp-209	252	1	(	(	PUNCT
gp-209	252	2	p	p	NOUN
gp-209	252	3	-	-	PUNCT
gp-209	252	4	value	value	NOUN
gp-209	252	5	)	)	PUNCT
gp-209	252	6	<	<	X
gp-209	252	7	0.05	0.05	NUM
gp-209	252	8	(	(	PUNCT
gp-209	252	9	significance	significance	NOUN
gp-209	252	10	level	level	NOUN
gp-209	252	11	of	of	ADP
gp-209	252	12	5	5	NUM
gp-209	252	13	%	%	NOUN
gp-209	252	14	)	)	PUNCT
gp-209	252	15	,	,	PUNCT
gp-209	252	16	then	then	ADV
gp-209	252	17	h0	h0	PROPN
gp-209	252	18	is	be	AUX
gp-209	252	19	rejected	reject	VERB
gp-209	252	20	which	which	PRON
gp-209	252	21	means	mean	VERB
gp-209	252	22	that	that	SCONJ
gp-209	252	23	the	the	DET
gp-209	252	24	independent	independent	ADJ
gp-209	252	25	variable	variable	NOUN
gp-209	252	26	has	have	VERB
gp-209	252	27	a	a	DET
gp-209	252	28	significant	significant	ADJ
gp-209	252	29	influence	influence	NOUN
gp-209	252	30	on	on	ADP
gp-209	252	31	the	the	DET
gp-209	252	32	dependent	dependent	ADJ
gp-209	252	33	variable	variable	NOUN
gp-209	252	34	partially	partially	ADV
gp-209	252	35	.	.	PUNCT
gp-209	253	1	however	however	ADV
gp-209	253	2	,	,	PUNCT
gp-209	253	3	if	if	SCONJ
gp-209	253	4	the	the	DET
gp-209	253	5	value	value	NOUN
gp-209	253	6	t	t	NOUN
gp-209	253	7	is	be	AUX
gp-209	253	8	calculated	calculate	VERB
gp-209	253	9	<	<	X
gp-209	253	10	t	t	NOUN
gp-209	253	11	table	table	NOUN
gp-209	253	12	or	or	CCONJ
gp-209	253	13	prob	prob	NOUN
gp-209	253	14	.	.	PUNCT
gp-209	254	1	(	(	PUNCT
gp-209	254	2	p	p	NOUN
gp-209	254	3	-	-	PUNCT
gp-209	254	4	value	value	NOUN
gp-209	254	5	)	)	PUNCT
gp-209	254	6	>	>	X
gp-209	255	1	0.05	0.05	NUM
gp-209	255	2	(	(	PUNCT
gp-209	255	3	significance	significance	NOUN
gp-209	255	4	level	level	NOUN
gp-209	255	5	5	5	NUM
gp-209	255	6	%	%	NOUN
gp-209	255	7	)	)	PUNCT
gp-209	255	8	,	,	PUNCT
gp-209	255	9	then	then	ADV
gp-209	255	10	h0	h0	PROPN
gp-209	255	11	is	be	AUX
gp-209	255	12	accepted	accept	VERB
gp-209	255	13	,	,	PUNCT
gp-209	255	14	which	which	PRON
gp-209	255	15	means	mean	VERB
gp-209	255	16	that	that	SCONJ
gp-209	255	17	the	the	DET
gp-209	255	18	independent	independent	ADJ
gp-209	255	19	variable	variable	NOUN
gp-209	255	20	does	do	AUX
gp-209	255	21	not	not	PART
gp-209	255	22	have	have	VERB
gp-209	255	23	a	a	DET
gp-209	255	24	significant	significant	ADJ
gp-209	255	25	influence	influence	NOUN
gp-209	255	26	on	on	ADP
gp-209	255	27	the	the	DET
gp-209	255	28	dependent	dependent	ADJ
gp-209	255	29	variable	variable	NOUN
gp-209	255	30	partially	partially	ADV
gp-209	255	31	.	.	PUNCT
gp-209	256	1	based	base	VERB
gp-209	256	2	on	on	ADP
gp-209	256	3	table	table	NOUN
gp-209	256	4	8	8	NUM
gp-209	256	5	it	it	PRON
gp-209	256	6	can	can	AUX
gp-209	256	7	be	be	AUX
gp-209	256	8	concluded	conclude	VERB
gp-209	256	9	that	that	SCONJ
gp-209	256	10	:	:	PUNCT
gp-209	256	11	hypothesis	hypothesis	NOUN
gp-209	256	12	of	of	ADP
gp-209	256	13	goodwill	goodwill	NOUN
gp-209	256	14	asset	asset	NOUN
gp-209	256	15	variables	variable	NOUN
gp-209	256	16	with	with	ADP
gp-209	256	17	moderate	moderate	ADJ
gp-209	256	18	financial	financial	ADJ
gp-209	256	19	market	market	NOUN
gp-209	256	20	development	development	NOUN
gp-209	256	21	the	the	DET
gp-209	256	22	p.value	p.value	NOUN
gp-209	256	23	(	(	PUNCT
gp-209	256	24	sig	sig	NOUN
gp-209	256	25	.	.	PUNCT
gp-209	256	26	)	)	PUNCT
gp-209	256	27	of	of	ADP
gp-209	256	28	the	the	DET
gp-209	256	29	goodwill	goodwill	NOUN
gp-209	256	30	asset	asset	NOUN
gp-209	256	31	variable	variable	NOUN
gp-209	256	32	with	with	ADP
gp-209	256	33	moderate	moderate	ADJ
gp-209	256	34	financial	financial	ADJ
gp-209	256	35	market	market	NOUN
gp-209	256	36	development	development	NOUN
gp-209	256	37	is	be	AUX
gp-209	256	38	0.2338	0.2338	NUM
gp-209	256	39	.	.	PUNCT
gp-209	257	1	because	because	SCONJ
gp-209	257	2	of	of	ADP
gp-209	257	3	the	the	DET
gp-209	257	4	prob	prob	NOUN
gp-209	257	5	.	.	PUNCT
gp-209	258	1	(	(	PUNCT
gp-209	258	2	p	p	NOUN
gp-209	258	3	-	-	PUNCT
gp-209	258	4	value	value	NOUN
gp-209	258	5	)	)	PUNCT
gp-209	258	6	>	>	X
gp-209	259	1	0.05	0.05	NUM
gp-209	259	2	(	(	PUNCT
gp-209	259	3	significance	significance	NOUN
gp-209	259	4	level	level	NOUN
gp-209	259	5	of	of	ADP
gp-209	259	6	5	5	NUM
gp-209	259	7	%	%	NOUN
gp-209	259	8	)	)	PUNCT
gp-209	259	9	or	or	CCONJ
gp-209	259	10	0.2338	0.2338	NUM
gp-209	259	11	>	>	SYM
gp-209	259	12	0.05	0.05	NUM
gp-209	259	13	,	,	PUNCT
gp-209	259	14	then	then	ADV
gp-209	259	15	h0	h0	PROPN
gp-209	259	16	is	be	AUX
gp-209	259	17	accepted	accept	VERB
gp-209	259	18	and	and	CCONJ
gp-209	259	19	the	the	DET
gp-209	259	20	conclusion	conclusion	NOUN
gp-209	259	21	is	be	AUX
gp-209	259	22	obtained	obtain	VERB
gp-209	259	23	that	that	SCONJ
gp-209	259	24	the	the	DET
gp-209	259	25	goodwill	goodwill	NOUN
gp-209	259	26	asset	asset	NOUN
gp-209	259	27	does	do	AUX
gp-209	259	28	not	not	PART
gp-209	259	29	have	have	VERB
gp-209	259	30	a	a	DET
gp-209	259	31	significant	significant	ADJ
gp-209	259	32	influence	influence	NOUN
gp-209	259	33	on	on	ADP
gp-209	259	34	the	the	DET
gp-209	259	35	value	value	NOUN
gp-209	259	36	of	of	ADP
gp-209	259	37	the	the	DET
gp-209	259	38	capital	capital	NOUN
gp-209	259	39	structure	structure	NOUN
gp-209	259	40	by	by	ADP
gp-209	259	41	moderating	moderate	VERB
gp-209	259	42	financial	financial	ADJ
gp-209	259	43	market	market	NOUN
gp-209	259	44	development	development	NOUN
gp-209	259	45	.	.	PUNCT
gp-209	260	1	2	2	X
gp-209	260	2	.	.	X
gp-209	260	3	classification	classification	NOUN
gp-209	260	4	of	of	ADP
gp-209	260	5	moderation	moderation	NOUN
gp-209	260	6	variables	variable	NOUN
gp-209	260	7	based	base	VERB
gp-209	260	8	on	on	ADP
gp-209	260	9	table	table	NOUN
gp-209	260	10	4.7	4.7	NUM
gp-209	260	11	above	above	ADV
gp-209	260	12	,	,	PUNCT
gp-209	260	13	the	the	DET
gp-209	260	14	variables	variable	NOUN
gp-209	260	15	of	of	ADP
gp-209	260	16	financial	financial	ADJ
gp-209	260	17	market	market	NOUN
gp-209	260	18	development	development	NOUN
gp-209	260	19	moderation	moderation	NOUN
gp-209	260	20	can	can	AUX
gp-209	260	21	be	be	AUX
gp-209	260	22	classified	classify	VERB
gp-209	260	23	as	as	SCONJ
gp-209	260	24	follows	follow	VERB
gp-209	260	25	:	:	PUNCT
gp-209	260	26	a.	a.	NOUN
gp-209	260	27	moderation	moderation	NOUN
gp-209	260	28	of	of	ADP
gp-209	260	29	financial	financial	ADJ
gp-209	260	30	market	market	NOUN
gp-209	260	31	development	development	NOUN
gp-209	260	32	of	of	ADP
gp-209	260	33	capital	capital	NOUN
gp-209	260	34	structure	structure	NOUN
gp-209	260	35	1	1	NUM
gp-209	260	36	)	)	PUNCT
gp-209	260	37	the	the	DET
gp-209	260	38	p	p	NOUN
gp-209	260	39	-	-	PUNCT
gp-209	260	40	value	value	NOUN
gp-209	260	41	(	(	PUNCT
gp-209	260	42	sig	sig	NOUN
gp-209	260	43	.	.	PUNCT
gp-209	260	44	)	)	PUNCT
gp-209	260	45	of	of	ADP
gp-209	260	46	the	the	DET
gp-209	260	47	financial	financial	ADJ
gp-209	260	48	market	market	NOUN
gp-209	260	49	development	development	NOUN
gp-209	260	50	variable	variable	NOUN
gp-209	260	51	(	(	PUNCT
gp-209	260	52	z	z	NOUN
gp-209	260	53	)	)	PUNCT
gp-209	260	54	is	be	AUX
gp-209	260	55	0.7296	0.7296	NUM
gp-209	260	56	because	because	SCONJ
gp-209	260	57	the	the	DET
gp-209	260	58	prob	prob	NOUN
gp-209	260	59	(	(	PUNCT
gp-209	260	60	p	p	NOUN
gp-209	260	61	-	-	PUNCT
gp-209	260	62	value	value	NOUN
gp-209	260	63	)	)	PUNCT
gp-209	260	64	value	value	NOUN
gp-209	260	65	is	be	AUX
gp-209	260	66	>	>	X
gp-209	260	67	0.05	0.05	NUM
gp-209	260	68	(	(	PUNCT
gp-209	260	69	significance	significance	NOUN
gp-209	260	70	level	level	NOUN
gp-209	260	71	of	of	ADP
gp-209	260	72	5	5	NUM
gp-209	260	73	%	%	NOUN
gp-209	260	74	)	)	PUNCT
gp-209	260	75	or	or	CCONJ
gp-209	260	76	0.7296	0.7296	NUM
gp-209	260	77	>	>	SYM
gp-209	260	78	0.05	0.05	NUM
gp-209	260	79	,	,	PUNCT
gp-209	260	80	it	it	PRON
gp-209	260	81	is	be	AUX
gp-209	260	82	concluded	conclude	VERB
gp-209	260	83	that	that	SCONJ
gp-209	260	84	financial	financial	ADJ
gp-209	260	85	market	market	NOUN
gp-209	260	86	development	development	NOUN
gp-209	260	87	does	do	AUX
gp-209	260	88	not	not	PART
gp-209	260	89	have	have	VERB
gp-209	260	90	a	a	DET
gp-209	260	91	significant	significant	ADJ
gp-209	260	92	influence	influence	NOUN
gp-209	260	93	on	on	ADP
gp-209	260	94	the	the	DET
gp-209	260	95	capital	capital	NOUN
gp-209	260	96	structure	structure	NOUN
gp-209	260	97	2	2	NUM
gp-209	260	98	)	)	PUNCT
gp-209	260	99	the	the	DET
gp-209	260	100	p	p	NOUN
gp-209	260	101	-	-	PUNCT
gp-209	260	102	value	value	NOUN
gp-209	260	103	(	(	PUNCT
gp-209	260	104	sig	sig	NOUN
gp-209	260	105	.	.	PUNCT
gp-209	260	106	)	)	PUNCT
gp-209	260	107	of	of	ADP
gp-209	260	108	the	the	DET
gp-209	260	109	goodwill	goodwill	NOUN
gp-209	260	110	asset	asset	NOUN
gp-209	260	111	variable	variable	NOUN
gp-209	260	112	(	(	PUNCT
gp-209	260	113	x1	x1	PROPN
gp-209	260	114	)	)	PUNCT
gp-209	260	115	moderated	moderate	VERB
gp-209	260	116	by	by	ADP
gp-209	260	117	financial	financial	ADJ
gp-209	260	118	market	market	NOUN
gp-209	260	119	development	development	NOUN
gp-209	260	120	(	(	PUNCT
gp-209	260	121	z	z	NOUN
gp-209	260	122	)	)	PUNCT
gp-209	260	123	is	be	AUX
gp-209	260	124	0.2338	0.2338	NUM
gp-209	260	125	because	because	SCONJ
gp-209	260	126	the	the	DET
gp-209	260	127	prob	prob	ADJ
gp-209	260	128	value	value	NOUN
gp-209	260	129	(	(	PUNCT
gp-209	260	130	p	p	NOUN
gp-209	260	131	-	-	PUNCT
gp-209	260	132	value	value	NOUN
gp-209	260	133	)	)	PUNCT
gp-209	260	134	is	be	AUX
gp-209	260	135	>	>	X
gp-209	260	136	0.05	0.05	NUM
gp-209	260	137	(	(	PUNCT
gp-209	260	138	significance	significance	NOUN
gp-209	260	139	level	level	NOUN
gp-209	260	140	of	of	ADP
gp-209	260	141	5	5	NUM
gp-209	260	142	%	%	NOUN
gp-209	260	143	)	)	PUNCT
gp-209	260	144	or	or	CCONJ
gp-209	260	145	0.2338	0.2338	NUM
gp-209	260	146	>	>	SYM
gp-209	260	147	0.05	0.05	NUM
gp-209	260	148	,	,	PUNCT
gp-209	260	149	it	it	PRON
gp-209	260	150	is	be	AUX
gp-209	260	151	concluded	conclude	VERB
gp-209	260	152	that	that	SCONJ
gp-209	260	153	financial	financial	ADJ
gp-209	260	154	market	market	NOUN
gp-209	260	155	development	development	NOUN
gp-209	260	156	does	do	AUX
gp-209	260	157	not	not	PART
gp-209	260	158	have	have	VERB
gp-209	260	159	a	a	DET
gp-209	260	160	significant	significant	ADJ
gp-209	260	161	influence	influence	NOUN
gp-209	260	162	on	on	ADP
gp-209	260	163	the	the	DET
gp-209	260	164	capital	capital	NOUN
gp-209	260	165	structure	structure	NOUN
gp-209	260	166	.	.	PUNCT
gp-209	261	1	because	because	SCONJ
gp-209	261	2	the	the	DET
gp-209	261	3	output	output	NOUN
gp-209	261	4	of	of	ADP
gp-209	261	5	the	the	DET
gp-209	261	6	moderator	moderator	NOUN
gp-209	261	7	variable	variable	NOUN
gp-209	261	8	(	(	PUNCT
gp-209	261	9	z	z	NOUN
gp-209	261	10	)	)	PUNCT
gp-209	261	11	with	with	ADP
gp-209	261	12	the	the	DET
gp-209	261	13	dependent	dependent	ADJ
gp-209	261	14	variable	variable	NOUN
gp-209	261	15	(	(	PUNCT
gp-209	261	16	y	y	NOUN
gp-209	261	17	)	)	PUNCT
gp-209	261	18	is	be	AUX
gp-209	261	19	not	not	PART
gp-209	261	20	significant	significant	ADJ
gp-209	261	21	and	and	CCONJ
gp-209	261	22	the	the	DET
gp-209	261	23	output	output	NOUN
gp-209	261	24	of	of	ADP
gp-209	261	25	the	the	DET
gp-209	261	26	moderator	moderator	NOUN
gp-209	261	27	variable	variable	NOUN
gp-209	261	28	(	(	PUNCT
gp-209	261	29	z	z	NOUN
gp-209	261	30	)	)	PUNCT
gp-209	261	31	with	with	ADP
gp-209	261	32	the	the	DET
gp-209	261	33	dependent	dependent	ADJ
gp-209	261	34	variable	variable	NOUN
gp-209	261	35	(	(	PUNCT
gp-209	261	36	x	x	X
gp-209	261	37	)	)	PUNCT
gp-209	261	38	is	be	AUX
gp-209	261	39	also	also	ADV
gp-209	261	40	american	american	ADJ
gp-209	261	41	journal	journal	PROPN
gp-209	261	42	of	of	ADP
gp-209	261	43	economic	economic	ADJ
gp-209	261	44	and	and	CCONJ
gp-209	261	45	management	management	NOUN
gp-209	261	46	business	business	NOUN
gp-209	261	47	vol	vol	NOUN
gp-209	261	48	.	.	PROPN
gp-209	262	1	4	4	NUM
gp-209	262	2	no	no	NOUN
gp-209	262	3	.	.	NOUN
gp-209	262	4	5	5	NUM
gp-209	262	5	may	may	AUX
gp-209	262	6	2025	2025	NUM
gp-209	262	7	384	384	NUM
gp-209	262	8	insignificant	insignificant	ADJ
gp-209	262	9	,	,	PUNCT
gp-209	262	10	financial	financial	ADJ
gp-209	262	11	market	market	NOUN
gp-209	262	12	development	development	NOUN
gp-209	262	13	has	have	VERB
gp-209	262	14	a	a	DET
gp-209	262	15	type	type	NOUN
gp-209	262	16	of	of	ADP
gp-209	262	17	homologiser	homologiser	NOUN
gp-209	262	18	moderation	moderation	NOUN
gp-209	262	19	(	(	PUNCT
gp-209	262	20	potential	potential	ADJ
gp-209	262	21	moderation	moderation	NOUN
gp-209	262	22	)	)	PUNCT
gp-209	262	23	.	.	PUNCT
gp-209	263	1	discussion	discussion	NOUN
gp-209	263	2	the	the	DET
gp-209	263	3	significant	significant	ADJ
gp-209	263	4	influence	influence	NOUN
gp-209	263	5	of	of	ADP
gp-209	263	6	goodwill	goodwill	NOUN
gp-209	263	7	assets	asset	NOUN
gp-209	263	8	on	on	ADP
gp-209	263	9	capital	capital	NOUN
gp-209	263	10	structure	structure	NOUN
gp-209	263	11	based	base	VERB
gp-209	263	12	on	on	ADP
gp-209	263	13	the	the	DET
gp-209	263	14	results	result	NOUN
gp-209	263	15	of	of	ADP
gp-209	263	16	the	the	DET
gp-209	263	17	hypothesis	hypothesis	NOUN
gp-209	263	18	test	test	NOUN
gp-209	263	19	,	,	PUNCT
gp-209	263	20	it	it	PRON
gp-209	263	21	shows	show	VERB
gp-209	263	22	that	that	SCONJ
gp-209	263	23	the	the	DET
gp-209	263	24	goodwill	goodwill	NOUN
gp-209	263	25	asset	asset	NOUN
gp-209	263	26	(	(	PUNCT
gp-209	263	27	x1	x1	PROPN
gp-209	263	28	)	)	PUNCT
gp-209	263	29	has	have	VERB
gp-209	263	30	a	a	DET
gp-209	263	31	probability	probability	NOUN
gp-209	263	32	value	value	NOUN
gp-209	263	33	of	of	ADP
gp-209	263	34	0.8230	0.8230	NUM
gp-209	263	35	,	,	PUNCT
gp-209	263	36	meaning	mean	VERB
gp-209	263	37	it	it	PRON
gp-209	263	38	is	be	AUX
gp-209	263	39	greater	great	ADJ
gp-209	263	40	than	than	ADP
gp-209	263	41	the	the	DET
gp-209	263	42	significance	significance	NOUN
gp-209	263	43	value	value	NOUN
gp-209	263	44	of	of	ADP
gp-209	263	45	0.05	0.05	NUM
gp-209	263	46	with	with	ADP
gp-209	263	47	a	a	DET
gp-209	263	48	positive	positive	ADJ
gp-209	263	49	coefficient	coefficient	NOUN
gp-209	263	50	.	.	PUNCT
gp-209	264	1	this	this	PRON
gp-209	264	2	proves	prove	VERB
gp-209	264	3	that	that	SCONJ
gp-209	264	4	goodwill	goodwill	NOUN
gp-209	264	5	assets	asset	NOUN
gp-209	264	6	do	do	AUX
gp-209	264	7	not	not	PART
gp-209	264	8	have	have	VERB
gp-209	264	9	a	a	DET
gp-209	264	10	significant	significant	ADJ
gp-209	264	11	influence	influence	NOUN
gp-209	264	12	on	on	ADP
gp-209	264	13	the	the	DET
gp-209	264	14	capital	capital	NOUN
gp-209	264	15	structure	structure	NOUN
gp-209	264	16	.	.	PUNCT
gp-209	265	1	this	this	PRON
gp-209	265	2	means	mean	VERB
gp-209	265	3	that	that	SCONJ
gp-209	265	4	any	any	DET
gp-209	265	5	increase	increase	NOUN
gp-209	265	6	or	or	CCONJ
gp-209	265	7	decrease	decrease	NOUN
gp-209	265	8	in	in	ADP
gp-209	265	9	goodwill	goodwill	NOUN
gp-209	265	10	assets	asset	NOUN
gp-209	265	11	does	do	AUX
gp-209	265	12	not	not	PART
gp-209	265	13	have	have	VERB
gp-209	265	14	a	a	DET
gp-209	265	15	significant	significant	ADJ
gp-209	265	16	influence	influence	NOUN
gp-209	265	17	on	on	ADP
gp-209	265	18	the	the	DET
gp-209	265	19	capital	capital	NOUN
gp-209	265	20	structure	structure	NOUN
gp-209	265	21	in	in	ADP
gp-209	265	22	the	the	DET
gp-209	265	23	transportation	transportation	NOUN
gp-209	265	24	and	and	CCONJ
gp-209	265	25	logistics	logistic	NOUN
gp-209	265	26	sub	sub	NOUN
gp-209	265	27	-	-	NOUN
gp-209	265	28	sector	sector	NOUN
gp-209	265	29	.	.	PUNCT
gp-209	266	1	therefore	therefore	ADV
gp-209	266	2	,	,	PUNCT
gp-209	266	3	h1	h1	VERB
gp-209	266	4	on	on	ADP
gp-209	266	5	the	the	DET
gp-209	266	6	influence	influence	NOUN
gp-209	266	7	of	of	ADP
gp-209	266	8	goodwill	goodwill	NOUN
gp-209	266	9	assets	asset	NOUN
gp-209	266	10	on	on	ADP
gp-209	266	11	capital	capital	NOUN
gp-209	266	12	structure	structure	NOUN
gp-209	266	13	is	be	AUX
gp-209	266	14	not	not	PART
gp-209	266	15	proven	prove	VERB
gp-209	266	16	in	in	ADP
gp-209	266	17	this	this	DET
gp-209	266	18	study	study	NOUN
gp-209	266	19	.	.	PUNCT
gp-209	267	1	investors	investor	NOUN
gp-209	267	2	in	in	ADP
gp-209	267	3	indonesia	indonesia	PROPN
gp-209	267	4	still	still	ADV
gp-209	267	5	do	do	AUX
gp-209	267	6	not	not	PART
gp-209	267	7	see	see	VERB
gp-209	267	8	goodwill	goodwill	NOUN
gp-209	267	9	assets	asset	NOUN
gp-209	267	10	as	as	ADP
gp-209	267	11	one	one	NUM
gp-209	267	12	of	of	ADP
gp-209	267	13	the	the	DET
gp-209	267	14	criteria	criterion	NOUN
gp-209	267	15	for	for	ADP
gp-209	267	16	determining	determine	VERB
gp-209	267	17	additional	additional	ADJ
gp-209	267	18	loan	loan	NOUN
gp-209	267	19	allocation	allocation	NOUN
gp-209	267	20	for	for	ADP
gp-209	267	21	companies	company	NOUN
gp-209	267	22	in	in	ADP
gp-209	267	23	the	the	DET
gp-209	267	24	transportation	transportation	NOUN
gp-209	267	25	and	and	CCONJ
gp-209	267	26	logistics	logistic	NOUN
gp-209	267	27	sector	sector	NOUN
gp-209	267	28	.	.	PUNCT
gp-209	268	1	this	this	PRON
gp-209	268	2	is	be	AUX
gp-209	268	3	due	due	ADJ
gp-209	268	4	to	to	ADP
gp-209	268	5	the	the	DET
gp-209	268	6	lower	low	ADJ
gp-209	268	7	market	market	NOUN
gp-209	268	8	capitalization	capitalization	NOUN
gp-209	268	9	value	value	NOUN
gp-209	268	10	compared	compare	VERB
gp-209	268	11	to	to	ADP
gp-209	268	12	the	the	DET
gp-209	268	13	total	total	ADJ
gp-209	268	14	assets	asset	NOUN
gp-209	268	15	of	of	ADP
gp-209	268	16	transportation	transportation	NOUN
gp-209	268	17	and	and	CCONJ
gp-209	268	18	logistics	logistic	NOUN
gp-209	268	19	companies	company	NOUN
gp-209	268	20	.	.	PUNCT
gp-209	269	1	this	this	DET
gp-209	269	2	high	high	ADJ
gp-209	269	3	total	total	ADJ
gp-209	269	4	asset	asset	NOUN
gp-209	269	5	includes	include	VERB
gp-209	269	6	a	a	DET
gp-209	269	7	large	large	ADJ
gp-209	269	8	retained	retain	VERB
gp-209	269	9	earning	earning	NOUN
gp-209	269	10	component	component	NOUN
gp-209	269	11	and	and	CCONJ
gp-209	269	12	is	be	AUX
gp-209	269	13	not	not	PART
gp-209	269	14	included	include	VERB
gp-209	269	15	in	in	ADP
gp-209	269	16	the	the	DET
gp-209	269	17	market	market	NOUN
gp-209	269	18	capitalization	capitalization	NOUN
gp-209	269	19	calculation	calculation	NOUN
gp-209	269	20	.	.	PUNCT
gp-209	270	1	this	this	DET
gp-209	270	2	research	research	NOUN
gp-209	270	3	is	be	AUX
gp-209	270	4	not	not	PART
gp-209	270	5	in	in	ADP
gp-209	270	6	line	line	NOUN
gp-209	270	7	with	with	ADP
gp-209	270	8	the	the	DET
gp-209	270	9	research	research	NOUN
gp-209	270	10	conducted	conduct	VERB
gp-209	270	11	by	by	ADP
gp-209	270	12	matemilola	matemilola	PROPN
gp-209	270	13	&	&	CCONJ
gp-209	270	14	ahmad	ahmad	PROPN
gp-209	270	15	(	(	PUNCT
gp-209	270	16	2015	2015	NUM
gp-209	270	17	)	)	PUNCT
gp-209	270	18	which	which	PRON
gp-209	270	19	has	have	AUX
gp-209	270	20	proven	prove	VERB
gp-209	270	21	that	that	SCONJ
gp-209	270	22	goodwill	goodwill	NOUN
gp-209	270	23	assets	asset	NOUN
gp-209	270	24	have	have	VERB
gp-209	270	25	a	a	DET
gp-209	270	26	significant	significant	ADJ
gp-209	270	27	positive	positive	ADJ
gp-209	270	28	influence	influence	NOUN
gp-209	270	29	on	on	ADP
gp-209	270	30	capital	capital	NOUN
gp-209	270	31	structure	structure	NOUN
gp-209	270	32	.	.	PUNCT
gp-209	271	1	the	the	DET
gp-209	271	2	significant	significant	ADJ
gp-209	271	3	effect	effect	NOUN
gp-209	271	4	of	of	ADP
gp-209	271	5	earning	earn	VERB
gp-209	271	6	volatility	volatility	NOUN
gp-209	271	7	on	on	ADP
gp-209	271	8	capital	capital	NOUN
gp-209	271	9	structure	structure	NOUN
gp-209	271	10	based	base	VERB
gp-209	271	11	on	on	ADP
gp-209	271	12	the	the	DET
gp-209	271	13	results	result	NOUN
gp-209	271	14	of	of	ADP
gp-209	271	15	the	the	DET
gp-209	271	16	hypothesis	hypothesis	NOUN
gp-209	271	17	test	test	NOUN
gp-209	271	18	,	,	PUNCT
gp-209	271	19	it	it	PRON
gp-209	271	20	shows	show	VERB
gp-209	271	21	that	that	SCONJ
gp-209	271	22	earning	earn	VERB
gp-209	271	23	volatility	volatility	NOUN
gp-209	271	24	(	(	PUNCT
gp-209	271	25	x2	x2	NOUN
gp-209	271	26	)	)	PUNCT
gp-209	271	27	has	have	VERB
gp-209	271	28	a	a	DET
gp-209	271	29	probability	probability	NOUN
gp-209	271	30	value	value	NOUN
gp-209	271	31	of	of	ADP
gp-209	271	32	0.2912	0.2912	NUM
gp-209	271	33	,	,	PUNCT
gp-209	271	34	which	which	PRON
gp-209	271	35	means	mean	VERB
gp-209	271	36	that	that	SCONJ
gp-209	271	37	it	it	PRON
gp-209	271	38	is	be	AUX
gp-209	271	39	greater	great	ADJ
gp-209	271	40	than	than	ADP
gp-209	271	41	the	the	DET
gp-209	271	42	significance	significance	NOUN
gp-209	271	43	value	value	NOUN
gp-209	271	44	of	of	ADP
gp-209	271	45	0.05	0.05	NUM
gp-209	271	46	with	with	ADP
gp-209	271	47	a	a	DET
gp-209	271	48	positive	positive	ADJ
gp-209	271	49	coefficient	coefficient	NOUN
gp-209	271	50	.	.	PUNCT
gp-209	272	1	this	this	PRON
gp-209	272	2	proves	prove	VERB
gp-209	272	3	that	that	SCONJ
gp-209	272	4	earning	earn	VERB
gp-209	272	5	volatility	volatility	NOUN
gp-209	272	6	does	do	AUX
gp-209	272	7	not	not	PART
gp-209	272	8	have	have	VERB
gp-209	272	9	a	a	DET
gp-209	272	10	significant	significant	ADJ
gp-209	272	11	influence	influence	NOUN
gp-209	272	12	on	on	ADP
gp-209	272	13	the	the	DET
gp-209	272	14	capital	capital	NOUN
gp-209	272	15	structure	structure	NOUN
gp-209	272	16	.	.	PUNCT
gp-209	273	1	this	this	PRON
gp-209	273	2	means	mean	VERB
gp-209	273	3	that	that	SCONJ
gp-209	273	4	any	any	DET
gp-209	273	5	increase	increase	NOUN
gp-209	273	6	or	or	CCONJ
gp-209	273	7	decrease	decrease	NOUN
gp-209	273	8	in	in	ADP
gp-209	273	9	earning	earn	VERB
gp-209	273	10	volatility	volatility	NOUN
gp-209	273	11	does	do	AUX
gp-209	273	12	not	not	PART
gp-209	273	13	have	have	VERB
gp-209	273	14	a	a	DET
gp-209	273	15	significant	significant	ADJ
gp-209	273	16	effect	effect	NOUN
gp-209	273	17	on	on	ADP
gp-209	273	18	the	the	DET
gp-209	273	19	capital	capital	NOUN
gp-209	273	20	structure	structure	NOUN
gp-209	273	21	in	in	ADP
gp-209	273	22	the	the	DET
gp-209	273	23	transportation	transportation	NOUN
gp-209	273	24	and	and	CCONJ
gp-209	273	25	logistics	logistic	NOUN
gp-209	273	26	sub	sub	NOUN
gp-209	273	27	-	-	NOUN
gp-209	273	28	sectors	sector	NOUN
gp-209	273	29	.	.	PUNCT
gp-209	274	1	therefore	therefore	ADV
gp-209	274	2	,	,	PUNCT
gp-209	274	3	h1	h1	VERB
gp-209	274	4	on	on	ADP
gp-209	274	5	the	the	DET
gp-209	274	6	effect	effect	NOUN
gp-209	274	7	of	of	ADP
gp-209	274	8	earning	earn	VERB
gp-209	274	9	volatility	volatility	NOUN
gp-209	274	10	on	on	ADP
gp-209	274	11	capital	capital	NOUN
gp-209	274	12	structure	structure	NOUN
gp-209	274	13	is	be	AUX
gp-209	274	14	not	not	PART
gp-209	274	15	proven	prove	VERB
gp-209	274	16	in	in	ADP
gp-209	274	17	this	this	DET
gp-209	274	18	study	study	NOUN
gp-209	274	19	.	.	PUNCT
gp-209	275	1	transportation	transportation	NOUN
gp-209	275	2	and	and	CCONJ
gp-209	275	3	logistics	logistic	NOUN
gp-209	275	4	companies	company	NOUN
gp-209	275	5	that	that	PRON
gp-209	275	6	have	have	AUX
gp-209	275	7	high	high	ADJ
gp-209	275	8	earning	earn	VERB
gp-209	275	9	volatility	volatility	NOUN
gp-209	275	10	in	in	ADP
gp-209	275	11	indonesia	indonesia	PROPN
gp-209	275	12	do	do	AUX
gp-209	275	13	not	not	PART
gp-209	275	14	make	make	VERB
gp-209	275	15	investors	investor	NOUN
gp-209	275	16	reluctant	reluctant	ADJ
gp-209	275	17	/	/	SYM
gp-209	275	18	afraid	afraid	ADJ
gp-209	275	19	to	to	PART
gp-209	275	20	invest	invest	VERB
gp-209	275	21	.	.	PUNCT
gp-209	276	1	this	this	PRON
gp-209	276	2	is	be	AUX
gp-209	276	3	shown	show	VERB
gp-209	276	4	at	at	ADP
gp-209	276	5	pt	pt	PROPN
gp-209	276	6	.	.	PROPN
gp-209	276	7	express	express	PROPN
gp-209	276	8	trasindo	trasindo	NOUN
gp-209	276	9	utama	utama	PROPN
gp-209	276	10	,	,	PUNCT
gp-209	276	11	tbk	tbk	VERB
gp-209	276	12	in	in	ADP
gp-209	276	13	the	the	DET
gp-209	276	14	2021	2021	NUM
gp-209	276	15	period	period	NOUN
gp-209	276	16	,	,	PUNCT
gp-209	276	17	although	although	SCONJ
gp-209	276	18	the	the	DET
gp-209	276	19	amount	amount	NOUN
gp-209	276	20	of	of	ADP
gp-209	276	21	revenue	revenue	NOUN
gp-209	276	22	in	in	ADP
gp-209	276	23	2021	2021	NUM
gp-209	276	24	decreased	decrease	VERB
gp-209	276	25	compared	compare	VERB
gp-209	276	26	to	to	ADP
gp-209	276	27	2020	2020	NUM
gp-209	276	28	,	,	PUNCT
gp-209	276	29	the	the	DET
gp-209	276	30	number	number	NOUN
gp-209	276	31	of	of	ADP
gp-209	276	32	shares	share	NOUN
gp-209	276	33	traded	trade	VERB
gp-209	276	34	was	be	AUX
gp-209	276	35	getting	get	VERB
gp-209	276	36	larger	large	ADJ
gp-209	276	37	,	,	PUNCT
gp-209	276	38	leading	lead	VERB
gp-209	276	39	to	to	ADP
gp-209	276	40	an	an	DET
gp-209	276	41	increase	increase	NOUN
gp-209	276	42	in	in	ADP
gp-209	276	43	the	the	DET
gp-209	276	44	nominal	nominal	ADJ
gp-209	276	45	amount	amount	NOUN
gp-209	276	46	of	of	ADP
gp-209	276	47	share	share	NOUN
gp-209	276	48	capital	capital	NOUN
gp-209	276	49	on	on	ADP
gp-209	276	50	the	the	DET
gp-209	276	51	equity	equity	NOUN
gp-209	276	52	side	side	NOUN
gp-209	276	53	on	on	ADP
gp-209	276	54	the	the	DET
gp-209	276	55	balance	balance	NOUN
gp-209	276	56	sheet	sheet	NOUN
gp-209	276	57	.	.	PUNCT
gp-209	277	1	this	this	DET
gp-209	277	2	research	research	NOUN
gp-209	277	3	is	be	AUX
gp-209	277	4	not	not	PART
gp-209	277	5	in	in	ADP
gp-209	277	6	line	line	NOUN
gp-209	277	7	with	with	ADP
gp-209	277	8	the	the	DET
gp-209	277	9	research	research	NOUN
gp-209	277	10	conducted	conduct	VERB
gp-209	277	11	by	by	ADP
gp-209	277	12	alipour	alipour	PROPN
gp-209	277	13	et	et	PROPN
gp-209	277	14	al	al	PROPN
gp-209	277	15	.	.	PROPN
gp-209	278	1	(	(	PUNCT
gp-209	278	2	2015	2015	NUM
gp-209	278	3	)	)	PUNCT
gp-209	278	4	which	which	PRON
gp-209	278	5	has	have	AUX
gp-209	278	6	proven	prove	VERB
gp-209	278	7	that	that	SCONJ
gp-209	278	8	earning	earn	VERB
gp-209	278	9	volatility	volatility	NOUN
gp-209	278	10	has	have	VERB
gp-209	278	11	a	a	DET
gp-209	278	12	significant	significant	ADJ
gp-209	278	13	negative	negative	ADJ
gp-209	278	14	influence	influence	NOUN
gp-209	278	15	on	on	ADP
gp-209	278	16	capital	capital	NOUN
gp-209	278	17	structure	structure	NOUN
gp-209	278	18	.	.	PUNCT
gp-209	279	1	significant	significant	ADJ
gp-209	279	2	influence	influence	NOUN
gp-209	279	3	of	of	ADP
gp-209	279	4	financial	financial	ADJ
gp-209	279	5	flexibility	flexibility	NOUN
gp-209	279	6	on	on	ADP
gp-209	279	7	capital	capital	NOUN
gp-209	279	8	structure	structure	NOUN
gp-209	279	9	based	base	VERB
gp-209	279	10	on	on	ADP
gp-209	279	11	the	the	DET
gp-209	279	12	results	result	NOUN
gp-209	279	13	of	of	ADP
gp-209	279	14	the	the	DET
gp-209	279	15	hypothesis	hypothesis	NOUN
gp-209	279	16	test	test	NOUN
gp-209	280	1	,	,	PUNCT
gp-209	280	2	it	it	PRON
gp-209	280	3	shows	show	VERB
gp-209	280	4	that	that	SCONJ
gp-209	280	5	financial	financial	ADJ
gp-209	280	6	flexibility	flexibility	NOUN
gp-209	280	7	(	(	PUNCT
gp-209	280	8	x3	x3	ADJ
gp-209	280	9	)	)	PUNCT
gp-209	280	10	has	have	VERB
gp-209	280	11	a	a	DET
gp-209	280	12	probability	probability	NOUN
gp-209	280	13	value	value	NOUN
gp-209	280	14	of	of	ADP
gp-209	280	15	0.0000	0.0000	NUM
gp-209	280	16	,	,	PUNCT
gp-209	280	17	meaning	mean	VERB
gp-209	280	18	that	that	SCONJ
gp-209	280	19	it	it	PRON
gp-209	280	20	is	be	AUX
gp-209	280	21	smaller	small	ADJ
gp-209	280	22	than	than	ADP
gp-209	280	23	the	the	DET
gp-209	280	24	significance	significance	NOUN
gp-209	280	25	value	value	NOUN
gp-209	280	26	of	of	ADP
gp-209	280	27	0.05	0.05	NUM
gp-209	280	28	with	with	ADP
gp-209	280	29	a	a	DET
gp-209	280	30	positive	positive	ADJ
gp-209	280	31	coefficient	coefficient	NOUN
gp-209	280	32	.	.	PUNCT
gp-209	281	1	this	this	PRON
gp-209	281	2	proves	prove	VERB
gp-209	281	3	that	that	SCONJ
gp-209	281	4	financial	financial	ADJ
gp-209	281	5	flexibility	flexibility	NOUN
gp-209	281	6	has	have	VERB
gp-209	281	7	a	a	DET
gp-209	281	8	significant	significant	ADJ
gp-209	281	9	influence	influence	NOUN
gp-209	281	10	on	on	ADP
gp-209	281	11	the	the	DET
gp-209	281	12	capital	capital	NOUN
gp-209	281	13	structure	structure	NOUN
gp-209	281	14	.	.	PUNCT
gp-209	282	1	this	this	PRON
gp-209	282	2	means	mean	VERB
gp-209	282	3	that	that	SCONJ
gp-209	282	4	any	any	DET
gp-209	282	5	increase	increase	NOUN
gp-209	282	6	or	or	CCONJ
gp-209	282	7	decrease	decrease	NOUN
gp-209	282	8	in	in	ADP
gp-209	282	9	financial	financial	ADJ
gp-209	282	10	flexibility	flexibility	NOUN
gp-209	282	11	has	have	VERB
gp-209	282	12	a	a	DET
gp-209	282	13	significant	significant	ADJ
gp-209	282	14	joko	joko	PROPN
gp-209	282	15	kristanto	kristanto	PROPN
gp-209	282	16	,	,	PUNCT
gp-209	282	17	irni	irni	PROPN
gp-209	282	18	yunita	yunita	PROPN
gp-209	282	19	385	385	NUM
gp-209	282	20	influence	influence	NOUN
gp-209	282	21	on	on	ADP
gp-209	282	22	the	the	DET
gp-209	282	23	capital	capital	NOUN
gp-209	282	24	structure	structure	NOUN
gp-209	282	25	in	in	ADP
gp-209	282	26	the	the	DET
gp-209	282	27	transportation	transportation	NOUN
gp-209	282	28	and	and	CCONJ
gp-209	282	29	logistics	logistic	NOUN
gp-209	282	30	sub	sub	NOUN
gp-209	282	31	-	-	NOUN
gp-209	282	32	sector	sector	NOUN
gp-209	282	33	.	.	PUNCT
gp-209	283	1	therefore	therefore	ADV
gp-209	283	2	,	,	PUNCT
gp-209	283	3	h1	h1	VERB
gp-209	283	4	about	about	ADP
gp-209	283	5	the	the	DET
gp-209	283	6	influence	influence	NOUN
gp-209	283	7	of	of	ADP
gp-209	283	8	financial	financial	ADJ
gp-209	283	9	flexibility	flexibility	NOUN
gp-209	283	10	on	on	ADP
gp-209	283	11	capital	capital	NOUN
gp-209	283	12	structure	structure	NOUN
gp-209	283	13	is	be	AUX
gp-209	283	14	proven	prove	VERB
gp-209	283	15	in	in	ADP
gp-209	283	16	this	this	DET
gp-209	283	17	study	study	NOUN
gp-209	283	18	.	.	PUNCT
gp-209	284	1	companies	company	NOUN
gp-209	284	2	with	with	ADP
gp-209	284	3	high	high	ADJ
gp-209	284	4	financial	financial	ADJ
gp-209	284	5	flexibility	flexibility	NOUN
gp-209	284	6	tend	tend	VERB
gp-209	284	7	to	to	PART
gp-209	284	8	have	have	VERB
gp-209	284	9	a	a	DET
gp-209	284	10	fairly	fairly	ADV
gp-209	284	11	low	low	ADJ
gp-209	284	12	proportion	proportion	NOUN
gp-209	284	13	of	of	ADP
gp-209	284	14	debt	debt	NOUN
gp-209	284	15	.	.	PUNCT
gp-209	285	1	this	this	PRON
gp-209	285	2	is	be	AUX
gp-209	285	3	shown	show	VERB
gp-209	285	4	in	in	ADP
gp-209	285	5	the	the	DET
gp-209	285	6	company	company	NOUN
gp-209	285	7	pt	pt	PROPN
gp-209	285	8	samudera	samudera	PROPN
gp-209	285	9	indonesia	indonesia	PROPN
gp-209	285	10	which	which	PRON
gp-209	285	11	experienced	experience	VERB
gp-209	285	12	an	an	DET
gp-209	285	13	increase	increase	NOUN
gp-209	285	14	in	in	ADP
gp-209	285	15	financial	financial	ADJ
gp-209	285	16	flexibility	flexibility	NOUN
gp-209	285	17	in	in	ADP
gp-209	285	18	2022	2022	NUM
gp-209	285	19	compared	compare	VERB
gp-209	285	20	to	to	ADP
gp-209	285	21	2021	2021	NUM
gp-209	285	22	and	and	CCONJ
gp-209	285	23	experienced	experience	VERB
gp-209	285	24	a	a	DET
gp-209	285	25	decrease	decrease	NOUN
gp-209	285	26	in	in	ADP
gp-209	285	27	capital	capital	NOUN
gp-209	285	28	structure	structure	NOUN
gp-209	285	29	.	.	PUNCT
gp-209	286	1	this	this	PRON
gp-209	286	2	is	be	AUX
gp-209	286	3	in	in	ADP
gp-209	286	4	line	line	NOUN
gp-209	286	5	with	with	ADP
gp-209	286	6	the	the	DET
gp-209	286	7	pecking	pecking	NOUN
gp-209	286	8	order	order	NOUN
gp-209	286	9	theory	theory	NOUN
gp-209	286	10	which	which	PRON
gp-209	286	11	states	state	VERB
gp-209	286	12	that	that	SCONJ
gp-209	286	13	the	the	DET
gp-209	286	14	company	company	NOUN
gp-209	286	15	will	will	AUX
gp-209	286	16	prioritize	prioritize	VERB
gp-209	286	17	retained	retain	VERB
gp-209	286	18	earnings	earning	NOUN
gp-209	286	19	/	/	SYM
gp-209	286	20	internal	internal	ADJ
gp-209	286	21	funding	funding	NOUN
gp-209	286	22	first	first	ADV
gp-209	286	23	to	to	PART
gp-209	286	24	finance	finance	VERB
gp-209	286	25	its	its	PRON
gp-209	286	26	expansion	expansion	NOUN
gp-209	286	27	plans	plan	NOUN
gp-209	286	28	and	and	CCONJ
gp-209	286	29	then	then	ADV
gp-209	286	30	think	think	VERB
gp-209	286	31	about	about	ADP
gp-209	286	32	options	option	NOUN
gp-209	286	33	through	through	ADP
gp-209	286	34	debt	debt	NOUN
gp-209	286	35	/	/	SYM
gp-209	286	36	external	external	ADJ
gp-209	286	37	funding	funding	NOUN
gp-209	286	38	.	.	PUNCT
gp-209	287	1	this	this	DET
gp-209	287	2	research	research	NOUN
gp-209	287	3	is	be	AUX
gp-209	287	4	in	in	ADP
gp-209	287	5	line	line	NOUN
gp-209	287	6	with	with	ADP
gp-209	287	7	research	research	NOUN
gp-209	287	8	conducted	conduct	VERB
gp-209	287	9	by	by	ADP
gp-209	287	10	alipour	alipour	PROPN
gp-209	287	11	et	et	PROPN
gp-209	287	12	al	al	PROPN
gp-209	287	13	.	.	PROPN
gp-209	288	1	(	(	PUNCT
gp-209	288	2	2015	2015	NUM
gp-209	288	3	)	)	PUNCT
gp-209	288	4	and	and	CCONJ
gp-209	288	5	putri	putri	PROPN
gp-209	288	6	&	&	CCONJ
gp-209	288	7	willim	willim	PROPN
gp-209	288	8	(	(	PUNCT
gp-209	288	9	2024	2024	NUM
gp-209	288	10	)	)	PUNCT
gp-209	288	11	which	which	PRON
gp-209	288	12	has	have	AUX
gp-209	288	13	proven	prove	VERB
gp-209	288	14	that	that	SCONJ
gp-209	288	15	earning	earn	VERB
gp-209	288	16	volatility	volatility	NOUN
gp-209	288	17	has	have	VERB
gp-209	288	18	a	a	DET
gp-209	288	19	significant	significant	ADJ
gp-209	288	20	influence	influence	NOUN
gp-209	288	21	on	on	ADP
gp-209	288	22	capital	capital	NOUN
gp-209	288	23	structure	structure	NOUN
gp-209	288	24	.	.	PUNCT
gp-209	289	1	partial	partial	ADJ
gp-209	289	2	influence	influence	NOUN
gp-209	289	3	of	of	ADP
gp-209	289	4	goodwill	goodwill	NOUN
gp-209	289	5	asset	asset	NOUN
gp-209	289	6	variables	variable	NOUN
gp-209	289	7	on	on	ADP
gp-209	289	8	capital	capital	NOUN
gp-209	289	9	structure	structure	NOUN
gp-209	289	10	moderated	moderate	VERB
gp-209	289	11	by	by	ADP
gp-209	289	12	financial	financial	ADJ
gp-209	289	13	market	market	NOUN
gp-209	289	14	development	development	NOUN
gp-209	289	15	based	base	VERB
gp-209	289	16	on	on	ADP
gp-209	289	17	the	the	DET
gp-209	289	18	results	result	NOUN
gp-209	289	19	of	of	ADP
gp-209	289	20	the	the	DET
gp-209	289	21	hypothesis	hypothesis	NOUN
gp-209	289	22	test	test	NOUN
gp-209	289	23	,	,	PUNCT
gp-209	289	24	it	it	PRON
gp-209	289	25	shows	show	VERB
gp-209	289	26	that	that	SCONJ
gp-209	289	27	the	the	DET
gp-209	289	28	interaction	interaction	NOUN
gp-209	289	29	between	between	ADP
gp-209	289	30	goodwill	goodwill	NOUN
gp-209	289	31	assets	asset	NOUN
gp-209	289	32	(	(	PUNCT
gp-209	289	33	x1	x1	PROPN
gp-209	289	34	)	)	PUNCT
gp-209	289	35	and	and	CCONJ
gp-209	289	36	financial	financial	ADJ
gp-209	289	37	market	market	NOUN
gp-209	289	38	development	development	NOUN
gp-209	289	39	(	(	PUNCT
gp-209	289	40	z	z	NOUN
gp-209	289	41	)	)	PUNCT
gp-209	289	42	has	have	VERB
gp-209	289	43	a	a	DET
gp-209	289	44	probability	probability	NOUN
gp-209	289	45	value	value	NOUN
gp-209	289	46	of	of	ADP
gp-209	289	47	0.2338	0.2338	NUM
gp-209	289	48	,	,	PUNCT
gp-209	289	49	which	which	PRON
gp-209	289	50	means	mean	VERB
gp-209	289	51	that	that	SCONJ
gp-209	289	52	it	it	PRON
gp-209	289	53	is	be	AUX
gp-209	289	54	greater	great	ADJ
gp-209	289	55	than	than	ADP
gp-209	289	56	the	the	DET
gp-209	289	57	significance	significance	NOUN
gp-209	289	58	value	value	NOUN
gp-209	289	59	of	of	ADP
gp-209	289	60	0.05	0.05	NUM
gp-209	289	61	with	with	ADP
gp-209	289	62	a	a	DET
gp-209	289	63	positive	positive	ADJ
gp-209	289	64	coefficient	coefficient	NOUN
gp-209	289	65	.	.	PUNCT
gp-209	290	1	the	the	DET
gp-209	290	2	results	result	NOUN
gp-209	290	3	of	of	ADP
gp-209	290	4	the	the	DET
gp-209	290	5	regression	regression	NOUN
gp-209	290	6	test	test	NOUN
gp-209	290	7	show	show	VERB
gp-209	290	8	that	that	SCONJ
gp-209	290	9	goodwill	goodwill	NOUN
gp-209	290	10	assets	asset	NOUN
gp-209	290	11	do	do	AUX
gp-209	290	12	not	not	PART
gp-209	290	13	have	have	VERB
gp-209	290	14	a	a	DET
gp-209	290	15	significant	significant	ADJ
gp-209	290	16	influence	influence	NOUN
gp-209	290	17	on	on	ADP
gp-209	290	18	the	the	DET
gp-209	290	19	capital	capital	NOUN
gp-209	290	20	structure	structure	NOUN
gp-209	290	21	by	by	ADP
gp-209	290	22	being	be	AUX
gp-209	290	23	moderated	moderate	VERB
gp-209	290	24	by	by	ADP
gp-209	290	25	financial	financial	ADJ
gp-209	290	26	market	market	NOUN
gp-209	290	27	development	development	NOUN
gp-209	290	28	.	.	PUNCT
gp-209	291	1	the	the	DET
gp-209	291	2	output	output	NOUN
gp-209	291	3	output	output	NOUN
gp-209	291	4	of	of	ADP
gp-209	291	5	financial	financial	ADJ
gp-209	291	6	market	market	NOUN
gp-209	291	7	development	development	NOUN
gp-209	291	8	on	on	ADP
gp-209	291	9	the	the	DET
gp-209	291	10	capital	capital	NOUN
gp-209	291	11	structure	structure	NOUN
gp-209	291	12	is	be	AUX
gp-209	291	13	not	not	PART
gp-209	291	14	significant	significant	ADJ
gp-209	291	15	,	,	PUNCT
gp-209	291	16	and	and	CCONJ
gp-209	291	17	the	the	DET
gp-209	291	18	output	output	NOUN
gp-209	291	19	output	output	NOUN
gp-209	291	20	of	of	ADP
gp-209	291	21	goodwill	goodwill	NOUN
gp-209	291	22	asset	asset	NOUN
gp-209	291	23	interaction	interaction	NOUN
gp-209	291	24	with	with	ADP
gp-209	291	25	financial	financial	ADJ
gp-209	291	26	market	market	NOUN
gp-209	291	27	development	development	NOUN
gp-209	291	28	is	be	AUX
gp-209	291	29	also	also	ADV
gp-209	291	30	not	not	PART
gp-209	291	31	significant	significant	ADJ
gp-209	291	32	.	.	PUNCT
gp-209	292	1	therefore	therefore	ADV
gp-209	292	2	,	,	PUNCT
gp-209	292	3	financial	financial	ADJ
gp-209	292	4	market	market	NOUN
gp-209	292	5	development	development	NOUN
gp-209	292	6	as	as	ADP
gp-209	292	7	a	a	DET
gp-209	292	8	moderation	moderation	NOUN
gp-209	292	9	homologizer	homologizer	NOUN
gp-209	292	10	has	have	VERB
gp-209	292	11	the	the	DET
gp-209	292	12	potential	potential	NOUN
gp-209	292	13	to	to	PART
gp-209	292	14	weaken	weaken	VERB
gp-209	292	15	the	the	DET
gp-209	292	16	influence	influence	NOUN
gp-209	292	17	of	of	ADP
gp-209	292	18	goodwill	goodwill	NOUN
gp-209	292	19	assets	asset	NOUN
gp-209	292	20	on	on	ADP
gp-209	292	21	financial	financial	ADJ
gp-209	292	22	market	market	NOUN
gp-209	292	23	development	development	NOUN
gp-209	292	24	.	.	PUNCT
gp-209	293	1	financial	financial	ADJ
gp-209	293	2	market	market	NOUN
gp-209	293	3	development	development	NOUN
gp-209	293	4	does	do	AUX
gp-209	293	5	not	not	PART
gp-209	293	6	moderate	moderate	VERB
gp-209	293	7	the	the	DET
gp-209	293	8	influence	influence	NOUN
gp-209	293	9	of	of	ADP
gp-209	293	10	goodwill	goodwill	NOUN
gp-209	293	11	assets	asset	NOUN
gp-209	293	12	on	on	ADP
gp-209	293	13	capital	capital	NOUN
gp-209	293	14	structure	structure	NOUN
gp-209	293	15	because	because	SCONJ
gp-209	293	16	investors	investor	NOUN
gp-209	293	17	in	in	ADP
gp-209	293	18	indonesia	indonesia	PROPN
gp-209	293	19	still	still	ADV
gp-209	293	20	do	do	AUX
gp-209	293	21	not	not	PART
gp-209	293	22	see	see	VERB
gp-209	293	23	goodwill	goodwill	NOUN
gp-209	293	24	assets	asset	NOUN
gp-209	293	25	as	as	ADP
gp-209	293	26	one	one	NUM
gp-209	293	27	of	of	ADP
gp-209	293	28	the	the	DET
gp-209	293	29	criteria	criterion	NOUN
gp-209	293	30	for	for	ADP
gp-209	293	31	determining	determine	VERB
gp-209	293	32	additional	additional	ADJ
gp-209	293	33	loan	loan	NOUN
gp-209	293	34	allocation	allocation	NOUN
gp-209	293	35	for	for	ADP
gp-209	293	36	companies	company	NOUN
gp-209	293	37	in	in	ADP
gp-209	293	38	the	the	DET
gp-209	293	39	transportation	transportation	NOUN
gp-209	293	40	and	and	CCONJ
gp-209	293	41	logistics	logistic	NOUN
gp-209	293	42	sector	sector	NOUN
gp-209	293	43	despite	despite	SCONJ
gp-209	293	44	the	the	DET
gp-209	293	45	increase	increase	NOUN
gp-209	293	46	in	in	ADP
gp-209	293	47	financial	financial	ADJ
gp-209	293	48	market	market	NOUN
gp-209	293	49	development	development	NOUN
gp-209	293	50	which	which	PRON
gp-209	293	51	actually	actually	ADV
gp-209	293	52	has	have	VERB
gp-209	293	53	the	the	DET
gp-209	293	54	potential	potential	NOUN
gp-209	293	55	to	to	PART
gp-209	293	56	reduce	reduce	VERB
gp-209	293	57	information	information	NOUN
gp-209	293	58	asymmetry	asymmetry	NOUN
gp-209	293	59	.	.	PUNCT
gp-209	294	1	this	this	PRON
gp-209	294	2	is	be	AUX
gp-209	294	3	due	due	ADJ
gp-209	294	4	to	to	ADP
gp-209	294	5	the	the	DET
gp-209	294	6	lower	low	ADJ
gp-209	294	7	market	market	NOUN
gp-209	294	8	capitalization	capitalization	NOUN
gp-209	294	9	value	value	NOUN
gp-209	294	10	compared	compare	VERB
gp-209	294	11	to	to	ADP
gp-209	294	12	the	the	DET
gp-209	294	13	total	total	ADJ
gp-209	294	14	assets	asset	NOUN
gp-209	294	15	of	of	ADP
gp-209	294	16	transportation	transportation	NOUN
gp-209	294	17	and	and	CCONJ
gp-209	294	18	logistics	logistic	NOUN
gp-209	294	19	companies	company	NOUN
gp-209	294	20	.	.	PUNCT
gp-209	295	1	this	this	DET
gp-209	295	2	high	high	ADJ
gp-209	295	3	total	total	ADJ
gp-209	295	4	asset	asset	NOUN
gp-209	295	5	includes	include	VERB
gp-209	295	6	a	a	DET
gp-209	295	7	large	large	ADJ
gp-209	295	8	retained	retain	VERB
gp-209	295	9	earning	earning	NOUN
gp-209	295	10	component	component	NOUN
gp-209	295	11	and	and	CCONJ
gp-209	295	12	is	be	AUX
gp-209	295	13	not	not	PART
gp-209	295	14	included	include	VERB
gp-209	295	15	in	in	ADP
gp-209	295	16	the	the	DET
gp-209	295	17	market	market	NOUN
gp-209	295	18	capitalization	capitalization	NOUN
gp-209	295	19	calculation	calculation	NOUN
gp-209	295	20	.	.	PUNCT
gp-209	296	1	in	in	ADP
gp-209	296	2	addition	addition	NOUN
gp-209	296	3	,	,	PUNCT
gp-209	296	4	several	several	ADJ
gp-209	296	5	transportation	transportation	NOUN
gp-209	296	6	and	and	CCONJ
gp-209	296	7	logistics	logistic	NOUN
gp-209	296	8	companies	company	NOUN
gp-209	296	9	have	have	AUX
gp-209	296	10	experienced	experience	VERB
gp-209	296	11	a	a	DET
gp-209	296	12	decrease	decrease	NOUN
gp-209	296	13	in	in	ADP
gp-209	296	14	the	the	DET
gp-209	296	15	level	level	NOUN
gp-209	296	16	of	of	ADP
gp-209	296	17	capital	capital	NOUN
gp-209	296	18	structure	structure	NOUN
gp-209	296	19	despite	despite	SCONJ
gp-209	296	20	an	an	DET
gp-209	296	21	increase	increase	NOUN
gp-209	296	22	in	in	ADP
gp-209	296	23	financial	financial	ADJ
gp-209	296	24	market	market	NOUN
gp-209	296	25	development	development	NOUN
gp-209	296	26	.	.	PUNCT
gp-209	297	1	this	this	PRON
gp-209	297	2	indicates	indicate	VERB
gp-209	297	3	that	that	SCONJ
gp-209	297	4	the	the	DET
gp-209	297	5	management	management	NOUN
gp-209	297	6	of	of	ADP
gp-209	297	7	transportation	transportation	NOUN
gp-209	297	8	and	and	CCONJ
gp-209	297	9	logistics	logistic	NOUN
gp-209	297	10	companies	company	NOUN
gp-209	297	11	in	in	ADP
gp-209	297	12	determining	determine	VERB
gp-209	297	13	the	the	DET
gp-209	297	14	mix	mix	NOUN
gp-209	297	15	of	of	ADP
gp-209	297	16	capital	capital	NOUN
gp-209	297	17	structure	structure	NOUN
gp-209	297	18	does	do	AUX
gp-209	297	19	not	not	PART
gp-209	297	20	pay	pay	VERB
gp-209	297	21	attention	attention	NOUN
gp-209	297	22	to	to	ADP
gp-209	297	23	macroeconomic	macroeconomic	ADJ
gp-209	297	24	factors	factor	NOUN
gp-209	297	25	,	,	PUNCT
gp-209	297	26	one	one	NUM
gp-209	297	27	of	of	ADP
gp-209	297	28	which	which	PRON
gp-209	297	29	is	be	AUX
gp-209	297	30	financial	financial	ADJ
gp-209	297	31	market	market	NOUN
gp-209	297	32	development	development	NOUN
gp-209	297	33	,	,	PUNCT
gp-209	297	34	but	but	CCONJ
gp-209	297	35	internal	internal	ADJ
gp-209	297	36	factors	factor	NOUN
gp-209	297	37	,	,	PUNCT
gp-209	297	38	especially	especially	ADV
gp-209	297	39	aspects	aspect	NOUN
gp-209	297	40	of	of	ADP
gp-209	297	41	financial	financial	ADJ
gp-209	297	42	performance	performance	NOUN
gp-209	297	43	.	.	PUNCT
gp-209	298	1	financial	financial	ADJ
gp-209	298	2	market	market	NOUN
gp-209	298	3	development	development	NOUN
gp-209	298	4	did	do	AUX
gp-209	298	5	not	not	PART
gp-209	298	6	significantly	significantly	ADV
gp-209	298	7	moderate	moderate	VERB
gp-209	298	8	the	the	DET
gp-209	298	9	influence	influence	NOUN
gp-209	298	10	of	of	ADP
gp-209	298	11	goodwill	goodwill	NOUN
gp-209	298	12	assets	asset	NOUN
gp-209	298	13	on	on	ADP
gp-209	298	14	capital	capital	NOUN
gp-209	298	15	structure	structure	NOUN
gp-209	298	16	in	in	ADP
gp-209	298	17	the	the	DET
gp-209	298	18	transportation	transportation	NOUN
gp-209	298	19	and	and	CCONJ
gp-209	298	20	logistics	logistic	NOUN
gp-209	298	21	sectors	sector	NOUN
gp-209	298	22	,	,	PUNCT
gp-209	298	23	but	but	CCONJ
gp-209	298	24	simultaneously	simultaneously	ADV
gp-209	298	25	financial	financial	ADJ
gp-209	298	26	market	market	NOUN
gp-209	298	27	development	development	NOUN
gp-209	298	28	significantly	significantly	ADV
gp-209	298	29	moderated	moderate	VERB
gp-209	298	30	the	the	DET
gp-209	298	31	influence	influence	NOUN
gp-209	298	32	of	of	ADP
gp-209	298	33	goodwill	goodwill	NOUN
gp-209	298	34	assets	asset	NOUN
gp-209	298	35	and	and	CCONJ
gp-209	298	36	other	other	ADJ
gp-209	298	37	independent	independent	ADJ
gp-209	298	38	variables	variable	NOUN
gp-209	298	39	in	in	ADP
gp-209	298	40	this	this	DET
gp-209	298	41	study	study	NOUN
gp-209	298	42	on	on	ADP
gp-209	298	43	capital	capital	NOUN
gp-209	298	44	structure	structure	NOUN
gp-209	298	45	this	this	DET
gp-209	298	46	research	research	NOUN
gp-209	298	47	is	be	AUX
gp-209	298	48	not	not	PART
gp-209	298	49	in	in	ADP
gp-209	298	50	line	line	NOUN
gp-209	298	51	with	with	ADP
gp-209	298	52	research	research	NOUN
gp-209	298	53	conducted	conduct	VERB
gp-209	298	54	by	by	ADP
gp-209	298	55	thakur	thakur	PROPN
gp-209	298	56	et	et	PROPN
gp-209	298	57	al	al	PROPN
gp-209	298	58	.	.	PROPN
gp-209	299	1	(	(	PUNCT
gp-209	299	2	2024	2024	NUM
gp-209	299	3	)	)	PUNCT
gp-209	299	4	which	which	PRON
gp-209	299	5	has	have	AUX
gp-209	299	6	proven	prove	VERB
gp-209	299	7	that	that	SCONJ
gp-209	299	8	financial	financial	ADJ
gp-209	299	9	market	market	NOUN
gp-209	299	10	development	development	NOUN
gp-209	299	11	moderates	moderate	VERB
gp-209	299	12	the	the	DET
gp-209	299	13	influence	influence	NOUN
gp-209	299	14	of	of	ADP
gp-209	299	15	goodwill	goodwill	NOUN
gp-209	299	16	assets	asset	NOUN
gp-209	299	17	on	on	ADP
gp-209	299	18	capital	capital	NOUN
gp-209	299	19	structure	structure	NOUN
gp-209	299	20	.	.	PUNCT
gp-209	300	1	american	american	ADJ
gp-209	300	2	journal	journal	PROPN
gp-209	300	3	of	of	ADP
gp-209	300	4	economic	economic	ADJ
gp-209	300	5	and	and	CCONJ
gp-209	300	6	management	management	NOUN
gp-209	300	7	business	business	NOUN
gp-209	300	8	vol	vol	NOUN
gp-209	300	9	.	.	PROPN
gp-209	301	1	4	4	NUM
gp-209	301	2	no	no	NOUN
gp-209	301	3	.	.	NOUN
gp-209	301	4	5	5	NUM
gp-209	301	5	may	may	AUX
gp-209	301	6	2025	2025	NUM
gp-209	301	7	386	386	NUM
gp-209	301	8	conclusion	conclusion	NOUN
gp-209	301	9	the	the	DET
gp-209	301	10	results	result	NOUN
gp-209	301	11	of	of	ADP
gp-209	301	12	this	this	DET
gp-209	301	13	study	study	NOUN
gp-209	301	14	conclude	conclude	VERB
gp-209	301	15	that	that	SCONJ
gp-209	301	16	goodwill	goodwill	NOUN
gp-209	301	17	assets	asset	NOUN
gp-209	301	18	and	and	CCONJ
gp-209	301	19	earning	earn	VERB
gp-209	301	20	volatility	volatility	NOUN
gp-209	301	21	do	do	AUX
gp-209	301	22	not	not	PART
gp-209	301	23	have	have	VERB
gp-209	301	24	a	a	DET
gp-209	301	25	significant	significant	ADJ
gp-209	301	26	effect	effect	NOUN
gp-209	301	27	on	on	ADP
gp-209	301	28	the	the	DET
gp-209	301	29	capital	capital	NOUN
gp-209	301	30	structure	structure	NOUN
gp-209	301	31	of	of	ADP
gp-209	301	32	transportation	transportation	NOUN
gp-209	301	33	and	and	CCONJ
gp-209	301	34	logistics	logistic	NOUN
gp-209	301	35	companies	company	NOUN
gp-209	301	36	,	,	PUNCT
gp-209	301	37	while	while	SCONJ
gp-209	301	38	financial	financial	ADJ
gp-209	301	39	flexibility	flexibility	NOUN
gp-209	301	40	shows	show	VERB
gp-209	301	41	a	a	DET
gp-209	301	42	significant	significant	ADJ
gp-209	301	43	and	and	CCONJ
gp-209	301	44	consistent	consistent	ADJ
gp-209	301	45	influence	influence	NOUN
gp-209	301	46	.	.	PUNCT
gp-209	302	1	however	however	ADV
gp-209	302	2	,	,	PUNCT
gp-209	302	3	when	when	SCONJ
gp-209	302	4	examined	examine	VERB
gp-209	302	5	simultaneously	simultaneously	ADV
gp-209	302	6	,	,	PUNCT
gp-209	302	7	goodwill	goodwill	NOUN
gp-209	302	8	assets	asset	NOUN
gp-209	302	9	,	,	PUNCT
gp-209	302	10	earning	earn	VERB
gp-209	302	11	volatility	volatility	NOUN
gp-209	302	12	,	,	PUNCT
gp-209	302	13	and	and	CCONJ
gp-209	302	14	financial	financial	ADJ
gp-209	302	15	flexibility	flexibility	NOUN
gp-209	302	16	collectively	collectively	ADV
gp-209	302	17	have	have	VERB
gp-209	302	18	a	a	DET
gp-209	302	19	significant	significant	ADJ
gp-209	302	20	effect	effect	NOUN
gp-209	302	21	on	on	ADP
gp-209	302	22	capital	capital	NOUN
gp-209	302	23	structure	structure	NOUN
gp-209	302	24	.	.	PUNCT
gp-209	303	1	additionally	additionally	ADV
gp-209	303	2	,	,	PUNCT
gp-209	303	3	financial	financial	ADJ
gp-209	303	4	market	market	NOUN
gp-209	303	5	development	development	NOUN
gp-209	303	6	does	do	AUX
gp-209	303	7	not	not	PART
gp-209	303	8	significantly	significantly	ADV
gp-209	303	9	moderate	moderate	VERB
gp-209	303	10	the	the	DET
gp-209	303	11	relationship	relationship	NOUN
gp-209	303	12	between	between	ADP
gp-209	303	13	goodwill	goodwill	NOUN
gp-209	303	14	assets	asset	NOUN
gp-209	303	15	and	and	CCONJ
gp-209	303	16	capital	capital	NOUN
gp-209	303	17	structure	structure	NOUN
gp-209	303	18	,	,	PUNCT
gp-209	303	19	indicating	indicate	VERB
gp-209	303	20	that	that	SCONJ
gp-209	303	21	macroeconomic	macroeconomic	ADJ
gp-209	303	22	conditions	condition	NOUN
gp-209	303	23	,	,	PUNCT
gp-209	303	24	in	in	ADP
gp-209	303	25	this	this	DET
gp-209	303	26	case	case	NOUN
gp-209	303	27	,	,	PUNCT
gp-209	303	28	do	do	AUX
gp-209	303	29	not	not	PART
gp-209	303	30	strengthen	strengthen	VERB
gp-209	303	31	the	the	DET
gp-209	303	32	predictive	predictive	ADJ
gp-209	303	33	power	power	NOUN
gp-209	303	34	of	of	ADP
gp-209	303	35	goodwill	goodwill	NOUN
gp-209	303	36	in	in	ADP
gp-209	303	37	capital	capital	NOUN
gp-209	303	38	decisions	decision	NOUN
gp-209	303	39	.	.	PUNCT
gp-209	304	1	based	base	VERB
gp-209	304	2	on	on	ADP
gp-209	304	3	these	these	DET
gp-209	304	4	findings	finding	NOUN
gp-209	304	5	,	,	PUNCT
gp-209	304	6	future	future	ADJ
gp-209	304	7	researchers	researcher	NOUN
gp-209	304	8	are	be	AUX
gp-209	304	9	encouraged	encourage	VERB
gp-209	304	10	to	to	PART
gp-209	304	11	expand	expand	VERB
gp-209	304	12	the	the	DET
gp-209	304	13	scope	scope	NOUN
gp-209	304	14	of	of	ADP
gp-209	304	15	analysis	analysis	NOUN
gp-209	304	16	by	by	ADP
gp-209	304	17	including	include	VERB
gp-209	304	18	other	other	ADJ
gp-209	304	19	intangible	intangible	ADJ
gp-209	304	20	assets	asset	NOUN
gp-209	304	21	or	or	CCONJ
gp-209	304	22	alternative	alternative	ADJ
gp-209	304	23	moderating	moderate	VERB
gp-209	304	24	variables	variable	NOUN
gp-209	304	25	such	such	ADJ
gp-209	304	26	as	as	ADP
gp-209	304	27	corporate	corporate	ADJ
gp-209	304	28	governance	governance	NOUN
gp-209	304	29	quality	quality	NOUN
gp-209	304	30	or	or	CCONJ
gp-209	304	31	investor	investor	NOUN
gp-209	304	32	confidence	confidence	NOUN
gp-209	304	33	.	.	PUNCT
gp-209	305	1	moreover	moreover	ADV
gp-209	305	2	,	,	PUNCT
gp-209	305	3	conducting	conduct	VERB
gp-209	305	4	comparative	comparative	ADJ
gp-209	305	5	studies	study	NOUN
gp-209	305	6	across	across	ADP
gp-209	305	7	different	different	ADJ
gp-209	305	8	sectors	sector	NOUN
gp-209	305	9	or	or	CCONJ
gp-209	305	10	countries	country	NOUN
gp-209	305	11	could	could	AUX
gp-209	305	12	help	help	VERB
gp-209	305	13	validate	validate	VERB
gp-209	305	14	whether	whether	SCONJ
gp-209	305	15	these	these	DET
gp-209	305	16	relationships	relationship	NOUN
gp-209	305	17	are	be	AUX
gp-209	305	18	context	context	NOUN
gp-209	305	19	-	-	PUNCT
gp-209	305	20	specific	specific	ADJ
gp-209	305	21	or	or	CCONJ
gp-209	305	22	generalizable	generalizable	ADJ
gp-209	305	23	across	across	ADP
gp-209	305	24	markets	market	NOUN
gp-209	305	25	.	.	PUNCT
gp-209	306	1	references	reference	NOUN
gp-209	306	2	acedo	acedo	NOUN
gp-209	306	3	-	-	PUNCT
gp-209	306	4	ramírez	ramírez	NOUN
gp-209	306	5	,	,	PUNCT
gp-209	306	6	m.	m.	NOUN
gp-209	306	7	a.	a.	PROPN
gp-209	306	8	,	,	PUNCT
gp-209	306	9	&	&	CCONJ
gp-209	306	10	ruiz	ruiz	NOUN
gp-209	306	11	-	-	PUNCT
gp-209	306	12	cabestre	cabestre	NOUN
gp-209	306	13	,	,	PUNCT
gp-209	306	14	f.	f.	PROPN
gp-209	306	15	j.	j.	PROPN
gp-209	306	16	(	(	PUNCT
gp-209	306	17	2014	2014	NUM
gp-209	306	18	)	)	PUNCT
gp-209	306	19	.	.	PUNCT
gp-209	307	1	determinants	determinant	NOUN
gp-209	307	2	of	of	ADP
gp-209	307	3	capital	capital	NOUN
gp-209	307	4	structure	structure	NOUN
gp-209	307	5	:	:	PUNCT
gp-209	307	6	united	united	PROPN
gp-209	307	7	kingdom	kingdom	PROPN
gp-209	307	8	versus	versus	ADP
gp-209	307	9	continental	continental	PROPN
gp-209	307	10	european	european	PROPN
gp-209	307	11	countries	countries	PROPN
gp-209	307	12	.	.	PUNCT
gp-209	308	1	journal	journal	PROPN
gp-209	308	2	of	of	ADP
gp-209	308	3	international	international	ADJ
gp-209	308	4	financial	financial	ADJ
gp-209	308	5	management	management	NOUN
gp-209	308	6	and	and	CCONJ
gp-209	308	7	accounting	accounting	NOUN
gp-209	308	8	,	,	PUNCT
gp-209	308	9	25(3	25(3	NUM
gp-209	308	10	)	)	PUNCT
gp-209	308	11	.	.	PUNCT
gp-209	309	1	https://doi.org/10.1111/jifm.12020	https://doi.org/10.1111/jifm.12020	NOUN
gp-209	309	2	alipour	alipour	ADJ
gp-209	309	3	,	,	PUNCT
gp-209	309	4	m.	m.	NOUN
gp-209	309	5	,	,	PUNCT
gp-209	309	6	mohammadi	mohammadi	NOUN
gp-209	309	7	,	,	PUNCT
gp-209	309	8	m.	m.	PROPN
gp-209	309	9	f.	f.	PROPN
gp-209	309	10	s.	s.	PROPN
gp-209	309	11	,	,	PUNCT
gp-209	309	12	&	&	CCONJ
gp-209	309	13	derakhshan	derakhshan	PROPN
gp-209	309	14	,	,	PUNCT
gp-209	309	15	h.	h.	PROPN
gp-209	309	16	(	(	PUNCT
gp-209	309	17	2015	2015	NUM
gp-209	309	18	)	)	PUNCT
gp-209	309	19	.	.	PUNCT
gp-209	310	1	determinants	determinant	NOUN
gp-209	310	2	of	of	ADP
gp-209	310	3	capital	capital	NOUN
gp-209	310	4	structure	structure	NOUN
gp-209	310	5	:	:	PUNCT
gp-209	310	6	an	an	DET
gp-209	310	7	empirical	empirical	ADJ
gp-209	310	8	study	study	NOUN
gp-209	310	9	of	of	ADP
gp-209	310	10	firms	firm	NOUN
gp-209	310	11	in	in	ADP
gp-209	310	12	iran	iran	PROPN
gp-209	310	13	.	.	PUNCT
gp-209	311	1	international	international	ADJ
gp-209	311	2	journal	journal	PROPN
gp-209	311	3	of	of	ADP
gp-209	311	4	law	law	NOUN
gp-209	311	5	and	and	CCONJ
gp-209	311	6	management	management	NOUN
gp-209	311	7	,	,	PUNCT
gp-209	311	8	57(1	57(1	NUM
gp-209	311	9	)	)	PUNCT
gp-209	311	10	.	.	PUNCT
gp-209	312	1	https://doi.org/10.1108/ijlma-01-2013-0004	https://doi.org/10.1108/ijlma-01-2013-0004	PROPN
gp-209	312	2	az	az	PROPN
gp-209	312	3	-	-	PROPN
gp-209	312	4	zahra	zahra	PROPN
gp-209	312	5	,	,	PUNCT
gp-209	312	6	k.	k.	PROPN
gp-209	312	7	,	,	PUNCT
gp-209	312	8	&	&	CCONJ
gp-209	312	9	yunita	yunita	PROPN
gp-209	312	10	,	,	PUNCT
gp-209	312	11	i.	i.	PROPN
gp-209	312	12	(	(	PUNCT
gp-209	312	13	2022	2022	NUM
gp-209	312	14	)	)	PUNCT
gp-209	312	15	.	.	PUNCT
gp-209	313	1	analisis	analisis	ADJ
gp-209	313	2	perbandingan	perbandingan	PROPN
gp-209	313	3	kinerja	kinerja	PROPN
gp-209	313	4	keuangan	keuangan	PROPN
gp-209	313	5	sebelum	sebelum	PROPN
gp-209	313	6	dan	dan	PROPN
gp-209	313	7	saat	saat	PROPN
gp-209	313	8	pandemi	pandemi	ADP
gp-209	313	9	covid-19	covid-19	PROPN
gp-209	313	10	pada	pada	PROPN
gp-209	313	11	perusahaan	perusahaan	PROPN
gp-209	313	12	properti	properti	PROPN
gp-209	313	13	.	.	PUNCT
gp-209	314	1	jurnal	jurnal	PROPN
gp-209	314	2	ilmia	ilmia	PROPN
gp-209	314	3	mea	mea	PROPN
gp-209	314	4	,	,	PUNCT
gp-209	314	5	6(3	6(3	NUM
gp-209	314	6	)	)	PUNCT
gp-209	314	7	.	.	PUNCT
gp-209	315	1	bancel	bancel	PROPN
gp-209	315	2	,	,	PUNCT
gp-209	315	3	f.	f.	PROPN
gp-209	315	4	,	,	PUNCT
gp-209	315	5	&	&	CCONJ
gp-209	315	6	mittoo	mittoo	PROPN
gp-209	315	7	,	,	PUNCT
gp-209	315	8	u.	u.	PROPN
gp-209	315	9	r.	r.	PROPN
gp-209	315	10	(	(	PUNCT
gp-209	315	11	2011	2011	NUM
gp-209	315	12	)	)	PUNCT
gp-209	315	13	.	.	PUNCT
gp-209	316	1	financial	financial	ADJ
gp-209	316	2	flexibility	flexibility	NOUN
gp-209	316	3	and	and	CCONJ
gp-209	316	4	the	the	DET
gp-209	316	5	impact	impact	NOUN
gp-209	316	6	of	of	ADP
gp-209	316	7	the	the	DET
gp-209	316	8	global	global	ADJ
gp-209	316	9	financial	financial	ADJ
gp-209	316	10	crisis	crisis	NOUN
gp-209	316	11	:	:	PUNCT
gp-209	316	12	evidence	evidence	NOUN
gp-209	316	13	from	from	ADP
gp-209	316	14	france	france	PROPN
gp-209	316	15	.	.	PUNCT
gp-209	317	1	international	international	ADJ
gp-209	317	2	journal	journal	PROPN
gp-209	317	3	of	of	ADP
gp-209	317	4	managerial	managerial	ADJ
gp-209	317	5	finance	finance	NOUN
gp-209	317	6	,	,	PUNCT
gp-209	317	7	7(2	7(2	NUM
gp-209	317	8	)	)	PUNCT
gp-209	317	9	.	.	PUNCT
gp-209	318	1	https://doi.org/10.1108/17439131111122157	https://doi.org/10.1108/17439131111122157	NOUN
gp-209	318	2	çam	çam	NOUN
gp-209	318	3	,	,	PUNCT
gp-209	318	4	i̇.	i̇.	PROPN
gp-209	318	5	,	,	PUNCT
gp-209	318	6	&	&	CCONJ
gp-209	318	7	özer	özer	NOUN
gp-209	318	8	,	,	PUNCT
gp-209	318	9	g.	g.	PROPN
gp-209	318	10	(	(	PUNCT
gp-209	318	11	2022	2022	NUM
gp-209	318	12	)	)	PUNCT
gp-209	318	13	.	.	PUNCT
gp-209	319	1	the	the	DET
gp-209	319	2	influence	influence	NOUN
gp-209	319	3	of	of	ADP
gp-209	319	4	country	country	NOUN
gp-209	319	5	governance	governance	NOUN
gp-209	319	6	on	on	ADP
gp-209	319	7	the	the	DET
gp-209	319	8	capital	capital	NOUN
gp-209	319	9	structure	structure	NOUN
gp-209	319	10	and	and	CCONJ
gp-209	319	11	investment	investment	NOUN
gp-209	319	12	financing	financing	NOUN
gp-209	319	13	decisions	decision	NOUN
gp-209	319	14	of	of	ADP
gp-209	319	15	firms	firm	NOUN
gp-209	319	16	:	:	PUNCT
gp-209	319	17	an	an	DET
gp-209	319	18	international	international	ADJ
gp-209	319	19	investigation	investigation	NOUN
gp-209	319	20	.	.	PUNCT
gp-209	320	1	borsa	borsa	PROPN
gp-209	320	2	istanbul	istanbul	PROPN
gp-209	320	3	review	review	PROPN
gp-209	320	4	,	,	PUNCT
gp-209	320	5	22(2	22(2	NUM
gp-209	320	6	)	)	PUNCT
gp-209	320	7	.	.	PUNCT
gp-209	321	1	https://doi.org/10.1016/j.bir.2021.04.008	https://doi.org/10.1016/j.bir.2021.04.008	PROPN
gp-209	321	2	fauzia	fauzia	PROPN
gp-209	321	3	,	,	PUNCT
gp-209	321	4	a.	a.	NOUN
gp-209	321	5	i.	i.	PROPN
gp-209	321	6	,	,	PUNCT
gp-209	321	7	&	&	CCONJ
gp-209	321	8	yunita	yunita	PROPN
gp-209	321	9	,	,	PUNCT
gp-209	321	10	i.	i.	PROPN
gp-209	321	11	(	(	PUNCT
gp-209	321	12	2022	2022	NUM
gp-209	321	13	)	)	PUNCT
gp-209	321	14	.	.	PUNCT
gp-209	322	1	analisis	analisis	PROPN
gp-209	322	2	kinerja	kinerja	PROPN
gp-209	322	3	reksadana	reksadana	PROPN
gp-209	322	4	pada	pada	PROPN
gp-209	322	5	sebelum	sebelum	PROPN
gp-209	322	6	dan	dan	PROPN
gp-209	322	7	saat	saat	PROPN
gp-209	322	8	pandemi	pandemi	PROPN
gp-209	322	9	yang	yang	PROPN
gp-209	322	10	terdaftar	terdaftar	PROPN
gp-209	322	11	di	di	PROPN
gp-209	322	12	ojk	ojk	PROPN
gp-209	322	13	periode	periode	PROPN
gp-209	322	14	tahun	tahun	PROPN
gp-209	322	15	2019	2019	NUM
gp-209	322	16	-	-	SYM
gp-209	322	17	2020	2020	NUM
gp-209	322	18	.	.	PUNCT
gp-209	323	1	seiko	seiko	NOUN
gp-209	323	2	:	:	PUNCT
gp-209	323	3	journal	journal	PROPN
gp-209	323	4	of	of	ADP
gp-209	323	5	management	management	PROPN
gp-209	323	6	&	&	CCONJ
gp-209	323	7	…	…	PUNCT
gp-209	323	8	,	,	PUNCT
gp-209	323	9	4(3	4(3	NUM
gp-209	323	10	)	)	PUNCT
gp-209	323	11	.	.	PUNCT
gp-209	324	1	fernandes	fernande	NOUN
gp-209	324	2	,	,	PUNCT
gp-209	324	3	v.	v.	PROPN
gp-209	324	4	,	,	PUNCT
gp-209	324	5	kuzey	kuzey	NOUN
gp-209	324	6	,	,	PUNCT
gp-209	324	7	c.	c.	NOUN
gp-209	324	8	,	,	PUNCT
gp-209	324	9	uyar	uyar	PROPN
gp-209	324	10	,	,	PUNCT
gp-209	324	11	a.	a.	NOUN
gp-209	324	12	,	,	PUNCT
gp-209	324	13	&	&	CCONJ
gp-209	324	14	karaman	karaman	PROPN
gp-209	324	15	,	,	PUNCT
gp-209	324	16	a.	a.	PROPN
gp-209	324	17	s.	s.	PROPN
gp-209	324	18	(	(	PUNCT
gp-209	324	19	2023	2023	NUM
gp-209	324	20	)	)	PUNCT
gp-209	324	21	.	.	PUNCT
gp-209	325	1	board	board	NOUN
gp-209	325	2	structure	structure	NOUN
gp-209	325	3	policy	policy	NOUN
gp-209	325	4	,	,	PUNCT
gp-209	325	5	board	board	NOUN
gp-209	325	6	diversity	diversity	NOUN
gp-209	325	7	and	and	CCONJ
gp-209	325	8	social	social	ADJ
gp-209	325	9	sustainability	sustainability	NOUN
gp-209	325	10	in	in	ADP
gp-209	325	11	the	the	DET
gp-209	325	12	logistics	logistic	NOUN
gp-209	325	13	and	and	CCONJ
gp-209	325	14	transportation	transportation	NOUN
gp-209	325	15	sector	sector	NOUN
gp-209	325	16	.	.	PUNCT
gp-209	326	1	international	international	ADJ
gp-209	326	2	journal	journal	PROPN
gp-209	326	3	of	of	ADP
gp-209	326	4	physical	physical	ADJ
gp-209	326	5	distribution	distribution	NOUN
gp-209	326	6	and	and	CCONJ
gp-209	326	7	logistics	logistic	NOUN
gp-209	326	8	management	management	NOUN
gp-209	326	9	,	,	PUNCT
gp-209	326	10	53(1	53(1	NOUN
gp-209	326	11	)	)	PUNCT
gp-209	326	12	.	.	PUNCT
gp-209	327	1	https://doi.org/10.1108/ijpdlm-09-2021-0415	https://doi.org/10.1108/ijpdlm-09-2021-0415	NOUN
gp-209	327	2	guizani	guizani	NOUN
gp-209	327	3	,	,	PUNCT
gp-209	327	4	m.	m.	NOUN
gp-209	327	5	(	(	PUNCT
gp-209	327	6	2020	2020	NUM
gp-209	327	7	)	)	PUNCT
gp-209	327	8	.	.	PUNCT
gp-209	328	1	the	the	DET
gp-209	328	2	capital	capital	NOUN
gp-209	328	3	structure	structure	NOUN
gp-209	328	4	of	of	ADP
gp-209	328	5	islamic	islamic	ADJ
gp-209	328	6	-	-	PUNCT
gp-209	328	7	compliant	compliant	ADJ
gp-209	328	8	firms	firm	NOUN
gp-209	328	9	:	:	PUNCT
gp-209	328	10	is	be	AUX
gp-209	328	11	there	there	PRON
gp-209	328	12	a	a	DET
gp-209	328	13	financing	financing	NOUN
gp-209	328	14	hierarchy	hierarchy	NOUN
gp-209	328	15	?	?	PUNCT
gp-209	329	1	asian	asian	PROPN
gp-209	329	2	academy	academy	PROPN
gp-209	329	3	of	of	ADP
gp-209	329	4	management	management	PROPN
gp-209	329	5	journal	journal	PROPN
gp-209	329	6	of	of	ADP
gp-209	329	7	accounting	accounting	NOUN
gp-209	329	8	and	and	CCONJ
gp-209	329	9	finance	finance	NOUN
gp-209	329	10	,	,	PUNCT
gp-209	329	11	16(2	16(2	NUM
gp-209	329	12	)	)	PUNCT
gp-209	329	13	.	.	PUNCT
gp-209	330	1	https://doi.org/10.21315/aamjaf2020.16.2.6	https://doi.org/10.21315/aamjaf2020.16.2.6	X
gp-209	330	2	gunasekaran	gunasekaran	NOUN
gp-209	330	3	,	,	PUNCT
gp-209	330	4	a.	a.	NOUN
gp-209	330	5	,	,	PUNCT
gp-209	330	6	subramanian	subramanian	PROPN
gp-209	330	7	,	,	PUNCT
gp-209	330	8	n.	n.	NOUN
gp-209	330	9	,	,	PUNCT
gp-209	330	10	&	&	CCONJ
gp-209	330	11	papadopoulos	papadopoulos	PROPN
gp-209	330	12	,	,	PUNCT
gp-209	330	13	t.	t.	PROPN
gp-209	330	14	(	(	PUNCT
gp-209	330	15	2017	2017	NUM
gp-209	330	16	)	)	PUNCT
gp-209	330	17	.	.	PUNCT
gp-209	331	1	information	information	NOUN
gp-209	331	2	technology	technology	NOUN
gp-209	331	3	for	for	ADP
gp-209	331	4	competitive	competitive	ADJ
gp-209	331	5	advantage	advantage	NOUN
gp-209	331	6	within	within	ADP
gp-209	331	7	logistics	logistic	NOUN
gp-209	331	8	and	and	CCONJ
gp-209	331	9	supply	supply	NOUN
gp-209	331	10	chains	chain	NOUN
gp-209	331	11	:	:	PUNCT
gp-209	331	12	a	a	DET
gp-209	331	13	review	review	NOUN
gp-209	331	14	.	.	PUNCT
gp-209	332	1	transportation	transportation	NOUN
gp-209	332	2	research	research	NOUN
gp-209	332	3	part	part	NOUN
gp-209	332	4	e	e	NOUN
gp-209	332	5	:	:	PUNCT
gp-209	332	6	logistics	logistic	NOUN
gp-209	332	7	and	and	CCONJ
gp-209	332	8	transportation	transportation	NOUN
gp-209	332	9	review	review	NOUN
gp-209	332	10	,	,	PUNCT
gp-209	332	11	99	99	NUM
gp-209	332	12	,	,	PUNCT
gp-209	332	13	14–33	14–33	NUM
gp-209	332	14	.	.	PUNCT
gp-209	333	1	joko	joko	PROPN
gp-209	333	2	kristanto	kristanto	PROPN
gp-209	333	3	,	,	PUNCT
gp-209	333	4	irni	irni	PROPN
gp-209	333	5	yunita	yunita	PROPN
gp-209	333	6	387	387	NUM
gp-209	333	7	herdiana	herdiana	PROPN
gp-209	333	8	,	,	PUNCT
gp-209	333	9	s.	s.	PROPN
gp-209	333	10	c.	c.	PROPN
gp-209	333	11	,	,	PUNCT
gp-209	333	12	rahmawati	rahmawati	PROPN
gp-209	333	13	,	,	PUNCT
gp-209	333	14	i.	i.	PROPN
gp-209	333	15	y.	y.	PROPN
gp-209	333	16	,	,	PUNCT
gp-209	333	17	tubastuvi	tubastuvi	PROPN
gp-209	333	18	,	,	PUNCT
gp-209	333	19	n.	n.	NOUN
gp-209	333	20	,	,	PUNCT
gp-209	333	21	&	&	CCONJ
gp-209	333	22	utami	utami	PROPN
gp-209	333	23	,	,	PUNCT
gp-209	333	24	r.	r.	PROPN
gp-209	333	25	f.	f.	PROPN
gp-209	333	26	(	(	PUNCT
gp-209	333	27	2023	2023	NUM
gp-209	333	28	)	)	PUNCT
gp-209	333	29	.	.	PUNCT
gp-209	334	1	analysis	analysis	NOUN
gp-209	334	2	of	of	ADP
gp-209	334	3	corporate	corporate	ADJ
gp-209	334	4	financial	financial	ADJ
gp-209	334	5	performance	performance	NOUN
gp-209	334	6	in	in	ADP
gp-209	334	7	indonesia	indonesia	PROPN
gp-209	334	8	’s	’s	PART
gp-209	334	9	transportation	transportation	NOUN
gp-209	334	10	and	and	CCONJ
gp-209	334	11	logistic	logistic	ADJ
gp-209	334	12	sector	sector	NOUN
gp-209	334	13	.	.	PUNCT
gp-209	335	1	asian	asian	ADJ
gp-209	335	2	journal	journal	PROPN
gp-209	335	3	of	of	ADP
gp-209	335	4	economics	economic	NOUN
gp-209	335	5	,	,	PUNCT
gp-209	335	6	business	business	NOUN
gp-209	335	7	and	and	CCONJ
gp-209	335	8	accounting	accounting	NOUN
gp-209	335	9	,	,	PUNCT
gp-209	335	10	23(24	23(24	NUM
gp-209	335	11	)	)	PUNCT
gp-209	335	12	.	.	PUNCT
gp-209	336	1	https://doi.org/10.9734/ajeba/2023/v23i241194	https://doi.org/10.9734/ajeba/2023/v23i241194	PROPN
gp-209	336	2	herold	herold	PROPN
gp-209	336	3	,	,	PUNCT
gp-209	336	4	d.	d.	PROPN
gp-209	336	5	m.	m.	PROPN
gp-209	336	6	,	,	PUNCT
gp-209	336	7	&	&	CCONJ
gp-209	336	8	lee	lee	PROPN
gp-209	336	9	,	,	PUNCT
gp-209	336	10	k.	k.	PROPN
gp-209	336	11	h.	h.	PROPN
gp-209	336	12	(	(	PUNCT
gp-209	336	13	2017	2017	NUM
gp-209	336	14	)	)	PUNCT
gp-209	336	15	.	.	PUNCT
gp-209	337	1	carbon	carbon	NOUN
gp-209	337	2	management	management	NOUN
gp-209	337	3	in	in	ADP
gp-209	337	4	the	the	DET
gp-209	337	5	logistics	logistic	NOUN
gp-209	337	6	and	and	CCONJ
gp-209	337	7	transportation	transportation	NOUN
gp-209	337	8	sector	sector	NOUN
gp-209	337	9	:	:	PUNCT
gp-209	337	10	an	an	DET
gp-209	337	11	overview	overview	NOUN
gp-209	337	12	and	and	CCONJ
gp-209	337	13	new	new	ADJ
gp-209	337	14	research	research	NOUN
gp-209	337	15	directions	direction	NOUN
gp-209	337	16	.	.	PUNCT
gp-209	338	1	in	in	ADP
gp-209	338	2	carbon	carbon	NOUN
gp-209	338	3	management	management	NOUN
gp-209	338	4	(	(	PUNCT
gp-209	338	5	vol	vol	NOUN
gp-209	338	6	.	.	NOUN
gp-209	338	7	8	8	NUM
gp-209	338	8	,	,	PUNCT
gp-209	338	9	issue	issue	NOUN
gp-209	338	10	1	1	NUM
gp-209	338	11	)	)	PUNCT
gp-209	338	12	.	.	PUNCT
gp-209	338	13	https://doi.org/10.1080/17583004.2017.1283923	https://doi.org/10.1080/17583004.2017.1283923	X
gp-209	338	14	hirdinis	hirdinis	PROPN
gp-209	338	15	,	,	PUNCT
gp-209	338	16	m.	m.	NOUN
gp-209	338	17	(	(	PUNCT
gp-209	338	18	2019	2019	NUM
gp-209	338	19	)	)	PUNCT
gp-209	338	20	.	.	PUNCT
gp-209	339	1	capital	capital	NOUN
gp-209	339	2	structure	structure	NOUN
gp-209	339	3	and	and	CCONJ
gp-209	339	4	firm	firm	ADJ
gp-209	339	5	size	size	NOUN
gp-209	339	6	on	on	ADP
gp-209	339	7	firm	firm	ADJ
gp-209	339	8	value	value	NOUN
gp-209	339	9	moderated	moderate	VERB
gp-209	339	10	by	by	ADP
gp-209	339	11	profitability	profitability	NOUN
gp-209	339	12	.	.	PUNCT
gp-209	340	1	international	international	ADJ
gp-209	340	2	journal	journal	PROPN
gp-209	340	3	of	of	ADP
gp-209	340	4	economics	economic	NOUN
gp-209	340	5	and	and	CCONJ
gp-209	340	6	business	business	NOUN
gp-209	340	7	administration	administration	NOUN
gp-209	340	8	,	,	PUNCT
gp-209	340	9	7(1	7(1	NUM
gp-209	340	10	)	)	PUNCT
gp-209	340	11	.	.	PUNCT
gp-209	341	1	https://doi.org/10.35808/ijeba/204	https://doi.org/10.35808/ijeba/204	PROPN
gp-209	341	2	kontuš	kontuš	PROPN
gp-209	341	3	,	,	PUNCT
gp-209	341	4	e.	e.	PROPN
gp-209	341	5	,	,	PUNCT
gp-209	341	6	šorić	šorić	ADJ
gp-209	341	7	,	,	PUNCT
gp-209	341	8	k.	k.	PROPN
gp-209	341	9	,	,	PUNCT
gp-209	341	10	&	&	CCONJ
gp-209	341	11	šarlija	šarlija	ADV
gp-209	341	12	,	,	PUNCT
gp-209	341	13	n.	n.	NOUN
gp-209	341	14	(	(	PUNCT
gp-209	341	15	2023	2023	NUM
gp-209	341	16	)	)	PUNCT
gp-209	341	17	.	.	PUNCT
gp-209	342	1	capital	capital	NOUN
gp-209	342	2	structure	structure	NOUN
gp-209	342	3	optimization	optimization	NOUN
gp-209	342	4	:	:	PUNCT
gp-209	342	5	a	a	DET
gp-209	342	6	model	model	NOUN
gp-209	342	7	of	of	ADP
gp-209	342	8	optimal	optimal	ADJ
gp-209	342	9	capital	capital	NOUN
gp-209	342	10	structure	structure	NOUN
gp-209	342	11	from	from	ADP
gp-209	342	12	the	the	DET
gp-209	342	13	aspect	aspect	NOUN
gp-209	342	14	of	of	ADP
gp-209	342	15	capital	capital	NOUN
gp-209	342	16	cost	cost	NOUN
gp-209	342	17	and	and	CCONJ
gp-209	342	18	corporate	corporate	ADJ
gp-209	342	19	value	value	NOUN
gp-209	342	20	.	.	PUNCT
gp-209	343	1	economic	economic	ADJ
gp-209	343	2	researchekonomska	researchekonomska	PROPN
gp-209	343	3	istrazivanja	istrazivanja	PROPN
gp-209	343	4	,	,	PUNCT
gp-209	343	5	36(2	36(2	NUM
gp-209	343	6	)	)	PUNCT
gp-209	343	7	.	.	PUNCT
gp-209	344	1	https://doi.org/10.1080/1331677x.2022.2147565	https://doi.org/10.1080/1331677x.2022.2147565	PROPN
gp-209	344	2	kuzey	kuzey	NOUN
gp-209	344	3	,	,	PUNCT
gp-209	344	4	c.	c.	PROPN
gp-209	344	5	,	,	PUNCT
gp-209	344	6	fritz	fritz	PROPN
gp-209	344	7	,	,	PUNCT
gp-209	344	8	m.	m.	NOUN
gp-209	344	9	m.	m.	PROPN
gp-209	344	10	c.	c.	PROPN
gp-209	344	11	,	,	PUNCT
gp-209	344	12	uyar	uyar	PROPN
gp-209	344	13	,	,	PUNCT
gp-209	344	14	a.	a.	NOUN
gp-209	344	15	,	,	PUNCT
gp-209	344	16	&	&	CCONJ
gp-209	344	17	karaman	karaman	PROPN
gp-209	344	18	,	,	PUNCT
gp-209	344	19	a.	a.	PROPN
gp-209	344	20	s.	s.	PROPN
gp-209	344	21	(	(	PUNCT
gp-209	344	22	2022	2022	NUM
gp-209	344	23	)	)	PUNCT
gp-209	344	24	.	.	PUNCT
gp-209	345	1	board	board	NOUN
gp-209	345	2	gender	gender	NOUN
gp-209	345	3	diversity	diversity	NOUN
gp-209	345	4	,	,	PUNCT
gp-209	345	5	csr	csr	NOUN
gp-209	345	6	strategy	strategy	NOUN
gp-209	345	7	,	,	PUNCT
gp-209	345	8	and	and	CCONJ
gp-209	345	9	eco	eco	NOUN
gp-209	345	10	-	-	PUNCT
gp-209	345	11	friendly	friendly	ADJ
gp-209	345	12	initiatives	initiative	NOUN
gp-209	345	13	in	in	ADP
gp-209	345	14	the	the	DET
gp-209	345	15	transportation	transportation	NOUN
gp-209	345	16	and	and	CCONJ
gp-209	345	17	logistics	logistic	NOUN
gp-209	345	18	sector	sector	NOUN
gp-209	345	19	.	.	PUNCT
gp-209	346	1	international	international	ADJ
gp-209	346	2	journal	journal	PROPN
gp-209	346	3	of	of	ADP
gp-209	346	4	production	production	NOUN
gp-209	346	5	economics	economic	NOUN
gp-209	346	6	,	,	PUNCT
gp-209	346	7	247	247	NUM
gp-209	346	8	.	.	PUNCT
gp-209	347	1	https://doi.org/10.1016/j.ijpe.2022.108436	https://doi.org/10.1016/j.ijpe.2022.108436	PROPN
gp-209	347	2	matemilola	matemilola	PROPN
gp-209	347	3	,	,	PUNCT
gp-209	347	4	b.	b.	PROPN
gp-209	347	5	t.	t.	PROPN
gp-209	347	6	,	,	PUNCT
gp-209	347	7	&	&	CCONJ
gp-209	347	8	ahmad	ahmad	PROPN
gp-209	347	9	,	,	PUNCT
gp-209	347	10	r.	r.	PROPN
gp-209	347	11	(	(	PUNCT
gp-209	347	12	2015	2015	NUM
gp-209	347	13	)	)	PUNCT
gp-209	347	14	.	.	PUNCT
gp-209	348	1	debt	debt	NOUN
gp-209	348	2	financing	financing	NOUN
gp-209	348	3	and	and	CCONJ
gp-209	348	4	importance	importance	NOUN
gp-209	348	5	of	of	ADP
gp-209	348	6	fixed	fix	VERB
gp-209	348	7	assets	asset	NOUN
gp-209	348	8	and	and	CCONJ
gp-209	348	9	goodwill	goodwill	NOUN
gp-209	348	10	assets	asset	NOUN
gp-209	348	11	as	as	ADP
gp-209	348	12	collateral	collateral	NOUN
gp-209	348	13	:	:	PUNCT
gp-209	348	14	dynamic	dynamic	ADJ
gp-209	348	15	panel	panel	NOUN
gp-209	348	16	evidence	evidence	NOUN
gp-209	348	17	.	.	PUNCT
gp-209	349	1	journal	journal	NOUN
gp-209	349	2	of	of	ADP
gp-209	349	3	business	business	NOUN
gp-209	349	4	economics	economic	NOUN
gp-209	349	5	and	and	CCONJ
gp-209	349	6	management	management	NOUN
gp-209	349	7	,	,	PUNCT
gp-209	349	8	16(2	16(2	NUM
gp-209	349	9	)	)	PUNCT
gp-209	349	10	.	.	PUNCT
gp-209	350	1	https://doi.org/10.3846/16111699.2013.772916	https://doi.org/10.3846/16111699.2013.772916	PROPN
gp-209	350	2	naser	naser	PROPN
gp-209	350	3	,	,	PUNCT
gp-209	350	4	a.	a.	PROPN
gp-209	350	5	&	&	CCONJ
gp-209	350	6	ariffin	ariffin	PROPN
gp-209	350	7	,	,	PUNCT
gp-209	350	8	b	b	PROPN
gp-209	350	9	&	&	CCONJ
gp-209	350	10	matemilola	matemilola	PROPN
gp-209	350	11	,	,	PUNCT
gp-209	350	12	b.t	b.t	PROPN
gp-209	350	13	.	.	PROPN
gp-209	350	14	(	(	PUNCT
gp-209	350	15	2024	2024	NUM
gp-209	350	16	)	)	PUNCT
gp-209	350	17	.	.	PUNCT
gp-209	351	1	cash	cash	NOUN
gp-209	351	2	flow	flow	NOUN
gp-209	351	3	volatility	volatility	NOUN
gp-209	351	4	and	and	CCONJ
gp-209	351	5	capital	capital	NOUN
gp-209	351	6	structure	structure	NOUN
gp-209	351	7	in	in	ADP
gp-209	351	8	mena	mena	PROPN
gp-209	351	9	and	and	CCONJ
gp-209	351	10	africa	africa	PROPN
gp-209	351	11	:	:	PUNCT
gp-209	351	12	the	the	DET
gp-209	351	13	moderating	moderate	VERB
gp-209	351	14	role	role	NOUN
gp-209	351	15	of	of	ADP
gp-209	351	16	fixed	fix	VERB
gp-209	351	17	assets	asset	NOUN
gp-209	351	18	.	.	PUNCT
gp-209	352	1	cogent	cogent	NOUN
gp-209	352	2	economics	economic	NOUN
gp-209	352	3	&	&	CCONJ
gp-209	352	4	finance	finance	PROPN
gp-209	352	5	2024	2024	NUM
gp-209	352	6	,	,	PUNCT
gp-209	352	7	vol.12	vol.12	NOUN
gp-209	352	8	,	,	PUNCT
gp-209	352	9	no.1	no.1	NUM
gp-209	352	10	,	,	PUNCT
gp-209	352	11	2373255	2373255	NUM
gp-209	352	12	prakash	prakash	PROPN
gp-209	352	13	,	,	PUNCT
gp-209	352	14	n.	n.	NOUN
gp-209	352	15	,	,	PUNCT
gp-209	352	16	maheshwari	maheshwari	PROPN
gp-209	352	17	,	,	PUNCT
gp-209	352	18	a.	a.	PROPN
gp-209	352	19	,	,	PUNCT
gp-209	352	20	&	&	CCONJ
gp-209	352	21	hawaldar	hawaldar	PROPN
gp-209	352	22	,	,	PUNCT
gp-209	352	23	a.	a.	NOUN
gp-209	352	24	(	(	PUNCT
gp-209	352	25	2023	2023	NUM
gp-209	352	26	)	)	PUNCT
gp-209	352	27	.	.	PUNCT
gp-209	353	1	the	the	DET
gp-209	353	2	impact	impact	NOUN
gp-209	353	3	of	of	ADP
gp-209	353	4	covid-19	covid-19	PROPN
gp-209	353	5	on	on	ADP
gp-209	353	6	the	the	DET
gp-209	353	7	capital	capital	NOUN
gp-209	353	8	structure	structure	NOUN
gp-209	353	9	in	in	ADP
gp-209	353	10	emerging	emerge	VERB
gp-209	353	11	economies	economy	NOUN
gp-209	353	12	:	:	PUNCT
gp-209	353	13	evidence	evidence	NOUN
gp-209	353	14	from	from	ADP
gp-209	353	15	india	india	PROPN
gp-209	353	16	.	.	PUNCT
gp-209	354	1	asian	asian	PROPN
gp-209	354	2	journal	journal	PROPN
gp-209	354	3	of	of	ADP
gp-209	354	4	accounting	accounting	NOUN
gp-209	354	5	research	research	NOUN
gp-209	354	6	,	,	PUNCT
gp-209	354	7	8(3	8(3	NUM
gp-209	354	8	)	)	PUNCT
gp-209	354	9	.	.	PUNCT
gp-209	355	1	https://doi.org/10.1108/ajar-05-2022-0144	https://doi.org/10.1108/ajar-05-2022-0144	PROPN
gp-209	355	2	prekazi	prekazi	NOUN
gp-209	355	3	,	,	PUNCT
gp-209	355	4	y.	y.	NOUN
gp-209	355	5	,	,	PUNCT
gp-209	355	6	bajrami	bajrami	NOUN
gp-209	355	7	,	,	PUNCT
gp-209	355	8	r.	r.	PROPN
gp-209	355	9	,	,	PUNCT
gp-209	355	10	&	&	CCONJ
gp-209	355	11	hoxha	hoxha	PROPN
gp-209	355	12	,	,	PUNCT
gp-209	355	13	a.	a.	NOUN
gp-209	355	14	(	(	PUNCT
gp-209	355	15	2023	2023	NUM
gp-209	355	16	)	)	PUNCT
gp-209	355	17	.	.	PUNCT
gp-209	356	1	the	the	DET
gp-209	356	2	impact	impact	NOUN
gp-209	356	3	of	of	ADP
gp-209	356	4	capital	capital	NOUN
gp-209	356	5	structure	structure	NOUN
gp-209	356	6	on	on	ADP
gp-209	356	7	financial	financial	ADJ
gp-209	356	8	performance	performance	NOUN
gp-209	356	9	.	.	PUNCT
gp-209	357	1	international	international	ADJ
gp-209	357	2	journal	journal	NOUN
gp-209	357	3	of	of	ADP
gp-209	357	4	applied	apply	VERB
gp-209	357	5	economics	economic	NOUN
gp-209	357	6	,	,	PUNCT
gp-209	357	7	finance	finance	NOUN
gp-209	357	8	and	and	CCONJ
gp-209	357	9	accounting	accounting	NOUN
gp-209	357	10	,	,	PUNCT
gp-209	357	11	17(1	17(1	NUM
gp-209	357	12	)	)	PUNCT
gp-209	357	13	.	.	PUNCT
gp-209	358	1	https://doi.org/10.33094/ijaefa.v17i1.1002	https://doi.org/10.33094/ijaefa.v17i1.1002	X
gp-209	359	1	putri	putri	ADJ
gp-209	359	2	,	,	PUNCT
gp-209	359	3	r.	r.	PROPN
gp-209	359	4	l.	l.	PROPN
gp-209	359	5	,	,	PUNCT
gp-209	359	6	&	&	CCONJ
gp-209	359	7	willim	willim	NOUN
gp-209	359	8	,	,	PUNCT
gp-209	359	9	a.	a.	NOUN
gp-209	359	10	p.	p.	NOUN
gp-209	359	11	(	(	PUNCT
gp-209	359	12	2024	2024	NUM
gp-209	359	13	)	)	PUNCT
gp-209	359	14	.	.	PUNCT
gp-209	360	1	analysis	analysis	NOUN
gp-209	360	2	of	of	ADP
gp-209	360	3	the	the	DET
gp-209	360	4	effect	effect	NOUN
gp-209	360	5	of	of	ADP
gp-209	360	6	assets	asset	NOUN
gp-209	360	7	structure	structure	NOUN
gp-209	360	8	,	,	PUNCT
gp-209	360	9	earning	earn	VERB
gp-209	360	10	volatility	volatility	NOUN
gp-209	360	11	and	and	CCONJ
gp-209	360	12	financial	financial	ADJ
gp-209	360	13	flexibility	flexibility	NOUN
gp-209	360	14	on	on	ADP
gp-209	360	15	capital	capital	NOUN
gp-209	360	16	structure	structure	NOUN
gp-209	360	17	in	in	ADP
gp-209	360	18	consumer	consumer	NOUN
gp-209	360	19	goods	good	NOUN
gp-209	360	20	industry	industry	NOUN
gp-209	360	21	sector	sector	NOUN
gp-209	360	22	companies	company	NOUN
gp-209	360	23	on	on	ADP
gp-209	360	24	the	the	DET
gp-209	360	25	indonesia	indonesia	PROPN
gp-209	360	26	stock	stock	PROPN
gp-209	360	27	exchange	exchange	PROPN
gp-209	360	28	.	.	PUNCT
gp-209	361	1	lbs	lbs	PROPN
gp-209	361	2	journal	journal	PROPN
gp-209	361	3	of	of	ADP
gp-209	361	4	management	management	NOUN
gp-209	361	5	&	&	CCONJ
gp-209	361	6	research	research	PROPN
gp-209	361	7	,	,	PUNCT
gp-209	361	8	22(1	22(1	NUM
gp-209	361	9	)	)	PUNCT
gp-209	361	10	.	.	PUNCT
gp-209	362	1	https://doi.org/10.1108/lbsjmr-11-2022-0069	https://doi.org/10.1108/lbsjmr-11-2022-0069	PROPN
gp-209	362	2	thakur	thakur	PROPN
gp-209	362	3	,	,	PUNCT
gp-209	362	4	o.	o.	PROPN
gp-209	362	5	a.	a.	PROPN
gp-209	362	6	,	,	PUNCT
gp-209	362	7	tunde	tunde	PROPN
gp-209	362	8	,	,	PUNCT
gp-209	362	9	m.	m.	PROPN
gp-209	362	10	b.	b.	PROPN
gp-209	362	11	,	,	PUNCT
gp-209	362	12	noordin	noordin	PROPN
gp-209	362	13	,	,	PUNCT
gp-209	362	14	b.	b.	PROPN
gp-209	362	15	a.	a.	PROPN
gp-209	362	16	a.	a.	PROPN
gp-209	362	17	,	,	PUNCT
gp-209	362	18	alam	alam	PROPN
gp-209	362	19	,	,	PUNCT
gp-209	362	20	m.	m.	PROPN
gp-209	362	21	k.	k.	PROPN
gp-209	362	22	,	,	PUNCT
gp-209	362	23	&	&	CCONJ
gp-209	362	24	prabowo	prabowo	PROPN
gp-209	362	25	,	,	PUNCT
gp-209	362	26	m.	m.	NOUN
gp-209	362	27	a.	a.	NOUN
gp-209	362	28	(	(	PUNCT
gp-209	362	29	2024	2024	NUM
gp-209	362	30	)	)	PUNCT
gp-209	362	31	.	.	PUNCT
gp-209	363	1	the	the	DET
gp-209	363	2	relationship	relationship	NOUN
gp-209	363	3	between	between	ADP
gp-209	363	4	goodwill	goodwill	NOUN
gp-209	363	5	and	and	CCONJ
gp-209	363	6	capital	capital	NOUN
gp-209	363	7	structure	structure	NOUN
gp-209	363	8	and	and	CCONJ
gp-209	363	9	the	the	DET
gp-209	363	10	moderating	moderate	VERB
gp-209	363	11	effect	effect	NOUN
gp-209	363	12	of	of	ADP
gp-209	363	13	financial	financial	ADJ
gp-209	363	14	market	market	NOUN
gp-209	363	15	development	development	NOUN
gp-209	363	16	.	.	PUNCT
gp-209	364	1	journal	journal	PROPN
gp-209	364	2	of	of	ADP
gp-209	364	3	economics	economic	NOUN
gp-209	364	4	,	,	PUNCT
gp-209	364	5	finance	finance	NOUN
gp-209	364	6	and	and	CCONJ
gp-209	364	7	administrative	administrative	ADJ
gp-209	364	8	science	science	NOUN
gp-209	364	9	,	,	PUNCT
gp-209	364	10	29(57	29(57	NUM
gp-209	364	11	)	)	PUNCT
gp-209	364	12	.	.	PUNCT
gp-209	365	1	https://doi.org/10.1108/jefas-04-2022-0107	https://doi.org/10.1108/jefas-04-2022-0107	VERB
gp-209	365	2	wayan	wayan	PROPN
gp-209	365	3	widnyana	widnyana	PROPN
gp-209	365	4	,	,	PUNCT
gp-209	365	5	i.	i.	PROPN
gp-209	365	6	,	,	PUNCT
gp-209	365	7	gusti	gusti	PROPN
gp-209	365	8	bagus	bagus	PROPN
gp-209	365	9	wiksuana	wiksuana	PROPN
gp-209	365	10	,	,	PUNCT
gp-209	365	11	i.	i.	NOUN
gp-209	365	12	,	,	PUNCT
gp-209	365	13	artini	artini	PROPN
gp-209	365	14	,	,	PUNCT
gp-209	365	15	l.	l.	PROPN
gp-209	365	16	g.	g.	PROPN
gp-209	365	17	s.	s.	PROPN
gp-209	365	18	,	,	PUNCT
gp-209	365	19	&	&	CCONJ
gp-209	365	20	sedana	sedana	PROPN
gp-209	365	21	,	,	PUNCT
gp-209	366	1	i.	i.	PROPN
gp-209	366	2	b.	b.	PROPN
gp-209	366	3	p.	p.	PROPN
gp-209	366	4	(	(	PUNCT
gp-209	366	5	2021	2021	NUM
gp-209	366	6	)	)	PUNCT
gp-209	366	7	.	.	PUNCT
gp-209	367	1	influence	influence	NOUN
gp-209	367	2	of	of	ADP
gp-209	367	3	financial	financial	ADJ
gp-209	367	4	architecture	architecture	NOUN
gp-209	367	5	,	,	PUNCT
gp-209	367	6	intangible	intangible	ADJ
gp-209	367	7	assets	asset	NOUN
gp-209	367	8	on	on	ADP
gp-209	367	9	financial	financial	ADJ
gp-209	367	10	performance	performance	NOUN
gp-209	367	11	and	and	CCONJ
gp-209	367	12	corporate	corporate	ADJ
gp-209	367	13	value	value	NOUN
gp-209	367	14	in	in	ADP
gp-209	367	15	the	the	DET
gp-209	367	16	indonesian	indonesian	ADJ
gp-209	367	17	capital	capital	NOUN
gp-209	367	18	market	market	NOUN
gp-209	367	19	.	.	PUNCT
gp-209	368	1	international	international	ADJ
gp-209	368	2	journal	journal	PROPN
gp-209	368	3	of	of	ADP
gp-209	368	4	productivity	productivity	NOUN
gp-209	368	5	and	and	CCONJ
gp-209	368	6	performance	performance	NOUN
gp-209	368	7	management	management	NOUN
gp-209	368	8	,	,	PUNCT
gp-209	368	9	70(7	70(7	NUM
gp-209	368	10	)	)	PUNCT
gp-209	368	11	.	.	PUNCT
gp-209	369	1	https://doi.org/10.1108/ijppm-06-2019-0307	https://doi.org/10.1108/ijppm-06-2019-0307	NOUN
gp-209	369	2	copyright	copyright	NOUN
gp-209	369	3	holders	holder	NOUN
gp-209	369	4	:	:	PUNCT
gp-209	369	5	joko	joko	PROPN
gp-209	369	6	kristanto	kristanto	PROPN
gp-209	369	7	(	(	PUNCT
gp-209	369	8	2025	2025	NUM
gp-209	369	9	)	)	PUNCT
gp-209	369	10	first	first	ADJ
gp-209	369	11	publication	publication	NOUN
gp-209	369	12	right	right	NOUN
gp-209	369	13	:	:	PUNCT
gp-209	369	14	ajemb	ajemb	PROPN
gp-209	369	15	–	–	PUNCT
gp-209	369	16	american	american	ADJ
gp-209	369	17	journal	journal	PROPN
gp-209	369	18	of	of	ADP
gp-209	369	19	economic	economic	ADJ
gp-209	369	20	and	and	CCONJ
gp-209	369	21	management	management	NOUN
gp-209	369	22	business	business	NOUN
gp-209	369	23	american	american	PROPN
gp-209	369	24	journal	journal	PROPN
gp-209	369	25	of	of	ADP
gp-209	369	26	economic	economic	ADJ
gp-209	369	27	and	and	CCONJ
gp-209	369	28	management	management	NOUN
gp-209	369	29	business	business	NOUN
gp-209	369	30	vol	vol	NOUN
gp-209	369	31	.	.	PROPN
gp-209	369	32	4	4	NUM
gp-209	369	33	no	no	NOUN
gp-209	369	34	.	.	NOUN
gp-209	369	35	5	5	NUM
gp-209	369	36	may	may	AUX
gp-209	369	37	2025	2025	NUM
gp-209	369	38	388	388	NUM