id	sid	tid	token	lemma	pos
gp-301	1	1	1289	1289	NUM
gp-301	1	2	american	american	ADJ
gp-301	1	3	journal	journal	PROPN
gp-301	1	4	of	of	ADP
gp-301	1	5	economic	economic	ADJ
gp-301	1	6	and	and	CCONJ
gp-301	1	7	management	management	NOUN
gp-301	1	8	business	business	NOUN
gp-301	1	9	e	e	NOUN
gp-301	1	10	-	-	NOUN
gp-301	1	11	issn	issn	ADJ
gp-301	1	12	:	:	PUNCT
gp-301	1	13	2835	2835	NUM
gp-301	1	14	-	-	SYM
gp-301	1	15	5199	5199	NUM
gp-301	1	16	vol	vol	NOUN
gp-301	1	17	.	.	PROPN
gp-301	1	18	4	4	NUM
gp-301	1	19	no	no	NOUN
gp-301	1	20	.	.	NOUN
gp-301	1	21	8	8	NUM
gp-301	1	22	august	august	PROPN
gp-301	1	23	2025	2025	NUM
gp-301	1	24	analysis	analysis	NOUN
gp-301	1	25	of	of	ADP
gp-301	1	26	the	the	DET
gp-301	1	27	effect	effect	NOUN
gp-301	1	28	of	of	ADP
gp-301	1	29	return	return	NOUN
gp-301	1	30	on	on	ADP
gp-301	1	31	assets	asset	NOUN
gp-301	1	32	(	(	PUNCT
gp-301	1	33	roa	roa	NOUN
gp-301	1	34	)	)	PUNCT
gp-301	1	35	,	,	PUNCT
gp-301	1	36	debt	debt	NOUN
gp-301	1	37	to	to	ADP
gp-301	1	38	equity	equity	NOUN
gp-301	1	39	ratio	ratio	NOUN
gp-301	1	40	(	(	PUNCT
gp-301	1	41	der	der	NOUN
gp-301	1	42	)	)	PUNCT
gp-301	1	43	,	,	PUNCT
gp-301	1	44	and	and	CCONJ
gp-301	1	45	inflation	inflation	NOUN
gp-301	1	46	on	on	ADP
gp-301	1	47	the	the	DET
gp-301	1	48	stock	stock	NOUN
gp-301	1	49	prices	price	NOUN
gp-301	1	50	of	of	ADP
gp-301	1	51	automotive	automotive	ADJ
gp-301	1	52	industry	industry	NOUN
gp-301	1	53	and	and	CCONJ
gp-301	1	54	component	component	NOUN
gp-301	1	55	companies	company	NOUN
gp-301	1	56	listed	list	VERB
gp-301	1	57	on	on	ADP
gp-301	1	58	the	the	DET
gp-301	1	59	idx	idx	NOUN
gp-301	1	60	for	for	ADP
gp-301	1	61	the	the	DET
gp-301	1	62	2020	2020	NUM
gp-301	1	63	-	-	SYM
gp-301	1	64	2024	2024	NUM
gp-301	1	65	period	period	NOUN
gp-301	1	66	heinz	heinz	PROPN
gp-301	1	67	metrosan	metrosan	PROPN
gp-301	1	68	donradt	donradt	PROPN
gp-301	1	69	s	s	PROPN
gp-301	1	70	,	,	PUNCT
gp-301	1	71	mentiana	mentiana	PROPN
gp-301	1	72	sibarani	sibarani	PROPN
gp-301	1	73	sekolah	sekolah	PROPN
gp-301	1	74	tinggi	tinggi	PROPN
gp-301	1	75	ilmu	ilmu	PROPN
gp-301	1	76	ekonomi	ekonomi	PROPN
gp-301	1	77	harapan	harapan	PROPN
gp-301	1	78	bangsa	bangsa	PROPN
gp-301	1	79	,	,	PUNCT
gp-301	1	80	indonesia	indonesia	PROPN
gp-301	1	81	email	email	NOUN
gp-301	1	82	:	:	PUNCT
gp-301	1	83	mm-24079@students.ithb.ac.id	mm-24079@students.ithb.ac.id	ADJ
gp-301	1	84	,	,	PUNCT
gp-301	1	85	mentiana@ithb.ac.id	mentiana@ithb.ac.id	NOUN
gp-301	1	86	abstract	abstract	NOUN
gp-301	1	87	this	this	DET
gp-301	1	88	research	research	NOUN
gp-301	1	89	aims	aim	VERB
gp-301	1	90	to	to	PART
gp-301	1	91	analyze	analyze	VERB
gp-301	1	92	the	the	DET
gp-301	1	93	effect	effect	NOUN
gp-301	1	94	of	of	ADP
gp-301	1	95	return	return	NOUN
gp-301	1	96	on	on	ADP
gp-301	1	97	assets	asset	NOUN
gp-301	1	98	(	(	PUNCT
gp-301	1	99	roa	roa	NOUN
gp-301	1	100	)	)	PUNCT
gp-301	1	101	,	,	PUNCT
gp-301	1	102	debt	debt	NOUN
gp-301	1	103	to	to	ADP
gp-301	1	104	equity	equity	NOUN
gp-301	1	105	ratio	ratio	NOUN
gp-301	1	106	(	(	PUNCT
gp-301	1	107	der	der	NOUN
gp-301	1	108	)	)	PUNCT
gp-301	1	109	,	,	PUNCT
gp-301	1	110	and	and	CCONJ
gp-301	1	111	inflation	inflation	NOUN
gp-301	1	112	on	on	ADP
gp-301	1	113	the	the	DET
gp-301	1	114	share	share	NOUN
gp-301	1	115	prices	price	NOUN
gp-301	1	116	of	of	ADP
gp-301	1	117	automotive	automotive	ADJ
gp-301	1	118	and	and	CCONJ
gp-301	1	119	component	component	NOUN
gp-301	1	120	industry	industry	NOUN
gp-301	1	121	companies	company	NOUN
gp-301	1	122	listed	list	VERB
gp-301	1	123	on	on	ADP
gp-301	1	124	the	the	DET
gp-301	1	125	indonesia	indonesia	PROPN
gp-301	1	126	stock	stock	PROPN
gp-301	1	127	exchange	exchange	PROPN
gp-301	1	128	(	(	PUNCT
gp-301	1	129	idx	idx	PROPN
gp-301	1	130	)	)	PUNCT
gp-301	1	131	for	for	ADP
gp-301	1	132	the	the	DET
gp-301	1	133	2020	2020	NUM
gp-301	1	134	-	-	SYM
gp-301	1	135	2024	2024	NUM
gp-301	1	136	period	period	NOUN
gp-301	1	137	.	.	PUNCT
gp-301	2	1	the	the	DET
gp-301	2	2	research	research	NOUN
gp-301	2	3	method	method	NOUN
gp-301	2	4	uses	use	VERB
gp-301	2	5	a	a	DET
gp-301	2	6	quantitative	quantitative	ADJ
gp-301	2	7	approach	approach	NOUN
gp-301	2	8	with	with	ADP
gp-301	2	9	panel	panel	NOUN
gp-301	2	10	data	datum	NOUN
gp-301	2	11	regression	regression	NOUN
gp-301	2	12	analysis	analysis	NOUN
gp-301	2	13	.	.	PUNCT
gp-301	3	1	the	the	DET
gp-301	3	2	research	research	NOUN
gp-301	3	3	population	population	NOUN
gp-301	3	4	includes	include	VERB
gp-301	3	5	all	all	DET
gp-301	3	6	automotive	automotive	ADJ
gp-301	3	7	and	and	CCONJ
gp-301	3	8	component	component	NOUN
gp-301	3	9	industry	industry	NOUN
gp-301	3	10	companies	company	NOUN
gp-301	3	11	listed	list	VERB
gp-301	3	12	on	on	ADP
gp-301	3	13	the	the	DET
gp-301	3	14	idx	idx	NOUN
gp-301	3	15	,	,	PUNCT
gp-301	3	16	with	with	ADP
gp-301	3	17	a	a	DET
gp-301	3	18	sample	sample	NOUN
gp-301	3	19	of	of	ADP
gp-301	3	20	13	13	NUM
gp-301	3	21	companies	company	NOUN
gp-301	3	22	selected	select	VERB
gp-301	3	23	using	use	VERB
gp-301	3	24	purposive	purposive	ADJ
gp-301	3	25	sampling	sampling	NOUN
gp-301	3	26	,	,	PUNCT
gp-301	3	27	resulting	result	VERB
gp-301	3	28	in	in	ADP
gp-301	3	29	65	65	NUM
gp-301	3	30	observations	observation	NOUN
gp-301	3	31	.	.	PUNCT
gp-301	4	1	secondary	secondary	ADJ
gp-301	4	2	data	datum	NOUN
gp-301	4	3	were	be	AUX
gp-301	4	4	collected	collect	VERB
gp-301	4	5	from	from	ADP
gp-301	4	6	the	the	DET
gp-301	4	7	companies	company	NOUN
gp-301	4	8	'	'	PART
gp-301	4	9	financial	financial	ADJ
gp-301	4	10	statements	statement	NOUN
gp-301	4	11	,	,	PUNCT
gp-301	4	12	inflation	inflation	NOUN
gp-301	4	13	data	datum	NOUN
gp-301	4	14	from	from	ADP
gp-301	4	15	bps	bps	NOUN
gp-301	4	16	,	,	PUNCT
gp-301	4	17	and	and	CCONJ
gp-301	4	18	stock	stock	NOUN
gp-301	4	19	price	price	NOUN
gp-301	4	20	data	datum	NOUN
gp-301	4	21	from	from	ADP
gp-301	4	22	the	the	DET
gp-301	4	23	idx	idx	PROPN
gp-301	4	24	.	.	PUNCT
gp-301	5	1	the	the	DET
gp-301	5	2	analysis	analysis	NOUN
gp-301	5	3	technique	technique	NOUN
gp-301	5	4	used	use	VERB
gp-301	5	5	panel	panel	NOUN
gp-301	5	6	data	datum	NOUN
gp-301	5	7	regression	regression	NOUN
gp-301	5	8	with	with	ADP
gp-301	5	9	a	a	DET
gp-301	5	10	random	random	ADJ
gp-301	5	11	effect	effect	NOUN
gp-301	5	12	model	model	NOUN
gp-301	5	13	after	after	ADP
gp-301	5	14	conducting	conduct	VERB
gp-301	5	15	the	the	DET
gp-301	5	16	chow	chow	PROPN
gp-301	5	17	,	,	PUNCT
gp-301	5	18	hausman	hausman	ADJ
gp-301	5	19	,	,	PUNCT
gp-301	5	20	and	and	CCONJ
gp-301	5	21	lagrange	lagrange	NOUN
gp-301	5	22	multiplier	multipli	ADJ
gp-301	5	23	tests	test	NOUN
gp-301	5	24	.	.	PUNCT
gp-301	6	1	the	the	DET
gp-301	6	2	results	result	NOUN
gp-301	6	3	of	of	ADP
gp-301	6	4	the	the	DET
gp-301	6	5	study	study	NOUN
gp-301	6	6	show	show	VERB
gp-301	6	7	that	that	SCONJ
gp-301	6	8	simultaneously	simultaneously	ADV
gp-301	6	9	roa	roa	NOUN
gp-301	6	10	,	,	PUNCT
gp-301	6	11	der	der	NOUN
gp-301	6	12	,	,	PUNCT
gp-301	6	13	and	and	CCONJ
gp-301	6	14	inflation	inflation	NOUN
gp-301	6	15	have	have	VERB
gp-301	6	16	a	a	DET
gp-301	6	17	significant	significant	ADJ
gp-301	6	18	effect	effect	NOUN
gp-301	6	19	on	on	ADP
gp-301	6	20	stock	stock	NOUN
gp-301	6	21	prices	price	NOUN
gp-301	6	22	,	,	PUNCT
gp-301	6	23	with	with	ADP
gp-301	6	24	an	an	DET
gp-301	6	25	f	f	NOUN
gp-301	6	26	-	-	PUNCT
gp-301	6	27	value	value	NOUN
gp-301	6	28	of	of	ADP
gp-301	6	29	3.366161	3.366161	NUM
gp-301	6	30	and	and	CCONJ
gp-301	6	31	a	a	DET
gp-301	6	32	p	p	NOUN
gp-301	6	33	-	-	PUNCT
gp-301	6	34	value	value	NOUN
gp-301	6	35	of	of	ADP
gp-301	6	36	0.000	0.000	NUM
gp-301	6	37	.	.	PUNCT
gp-301	7	1	partially	partially	ADV
gp-301	7	2	,	,	PUNCT
gp-301	7	3	roa	roa	PROPN
gp-301	7	4	has	have	VERB
gp-301	7	5	a	a	DET
gp-301	7	6	positive	positive	ADJ
gp-301	7	7	and	and	CCONJ
gp-301	7	8	significant	significant	ADJ
gp-301	7	9	effect	effect	NOUN
gp-301	7	10	on	on	ADP
gp-301	7	11	stock	stock	NOUN
gp-301	7	12	price	price	NOUN
gp-301	7	13	,	,	PUNCT
gp-301	7	14	with	with	ADP
gp-301	7	15	a	a	DET
gp-301	7	16	coefficient	coefficient	NOUN
gp-301	7	17	of	of	ADP
gp-301	7	18	122.0658	122.0658	NUM
gp-301	7	19	and	and	CCONJ
gp-301	7	20	a	a	DET
gp-301	7	21	p	p	NOUN
gp-301	7	22	-	-	PUNCT
gp-301	7	23	value	value	NOUN
gp-301	7	24	of	of	ADP
gp-301	7	25	0.000	0.000	NUM
gp-301	7	26	.	.	PUNCT
gp-301	8	1	meanwhile	meanwhile	ADV
gp-301	8	2	,	,	PUNCT
gp-301	8	3	der	der	NOUN
gp-301	8	4	and	and	CCONJ
gp-301	8	5	inflation	inflation	NOUN
gp-301	8	6	had	have	VERB
gp-301	8	7	no	no	DET
gp-301	8	8	significant	significant	ADJ
gp-301	8	9	effect	effect	NOUN
gp-301	8	10	on	on	ADP
gp-301	8	11	stock	stock	NOUN
gp-301	8	12	price	price	NOUN
gp-301	8	13	,	,	PUNCT
gp-301	8	14	with	with	ADP
gp-301	8	15	p	p	NOUN
gp-301	8	16	-	-	PUNCT
gp-301	8	17	values	value	NOUN
gp-301	8	18	of	of	ADP
gp-301	8	19	0.2578	0.2578	NUM
gp-301	8	20	and	and	CCONJ
gp-301	8	21	0.5027	0.5027	NUM
gp-301	8	22	,	,	PUNCT
gp-301	8	23	respectively	respectively	ADV
gp-301	8	24	.	.	PUNCT
gp-301	9	1	the	the	DET
gp-301	9	2	determination	determination	NOUN
gp-301	9	3	coefficient	coefficient	NOUN
gp-301	9	4	of	of	ADP
gp-301	9	5	14.2035	14.2035	NUM
gp-301	9	6	%	%	NOUN
gp-301	9	7	indicates	indicate	VERB
gp-301	9	8	that	that	SCONJ
gp-301	9	9	the	the	DET
gp-301	9	10	independent	independent	ADJ
gp-301	9	11	variables	variable	NOUN
gp-301	9	12	explain	explain	VERB
gp-301	9	13	14.2035	14.2035	NUM
gp-301	9	14	%	%	NOUN
gp-301	9	15	of	of	ADP
gp-301	9	16	the	the	DET
gp-301	9	17	variation	variation	NOUN
gp-301	9	18	in	in	ADP
gp-301	9	19	stock	stock	NOUN
gp-301	9	20	prices	price	NOUN
gp-301	9	21	,	,	PUNCT
gp-301	9	22	while	while	SCONJ
gp-301	9	23	the	the	DET
gp-301	9	24	remaining	remain	VERB
gp-301	9	25	85.7965	85.7965	NUM
gp-301	9	26	%	%	NOUN
gp-301	9	27	is	be	AUX
gp-301	9	28	influenced	influence	VERB
gp-301	9	29	by	by	ADP
gp-301	9	30	other	other	ADJ
gp-301	9	31	factors	factor	NOUN
gp-301	9	32	outside	outside	ADP
gp-301	9	33	the	the	DET
gp-301	9	34	research	research	NOUN
gp-301	9	35	model	model	NOUN
gp-301	9	36	.	.	PUNCT
gp-301	10	1	keywords	keyword	NOUN
gp-301	10	2	:	:	PUNCT
gp-301	10	3	return	return	VERB
gp-301	10	4	on	on	ADP
gp-301	10	5	assets	asset	NOUN
gp-301	10	6	;	;	PUNCT
gp-301	10	7	debt	debt	NOUN
gp-301	10	8	to	to	ADP
gp-301	10	9	equity	equity	NOUN
gp-301	10	10	ratio	ratio	NOUN
gp-301	10	11	;	;	PUNCT
gp-301	10	12	inflation	inflation	NOUN
gp-301	10	13	;	;	PUNCT
gp-301	10	14	stock	stock	NOUN
gp-301	10	15	price	price	NOUN
gp-301	10	16	;	;	PUNCT
gp-301	10	17	automotive	automotive	ADJ
gp-301	10	18	industry	industry	NOUN
gp-301	10	19	introduction	introduction	NOUN
gp-301	10	20	the	the	DET
gp-301	10	21	capital	capital	NOUN
gp-301	10	22	market	market	NOUN
gp-301	10	23	is	be	AUX
gp-301	10	24	one	one	NUM
gp-301	10	25	of	of	ADP
gp-301	10	26	the	the	DET
gp-301	10	27	important	important	ADJ
gp-301	10	28	indicators	indicator	NOUN
gp-301	10	29	in	in	ADP
gp-301	10	30	measuring	measure	VERB
gp-301	10	31	the	the	DET
gp-301	10	32	economic	economic	ADJ
gp-301	10	33	health	health	NOUN
gp-301	10	34	of	of	ADP
gp-301	10	35	a	a	DET
gp-301	10	36	country	country	NOUN
gp-301	10	37	,	,	PUNCT
gp-301	10	38	especially	especially	ADV
gp-301	10	39	in	in	ADP
gp-301	10	40	the	the	DET
gp-301	10	41	context	context	NOUN
gp-301	10	42	of	of	ADP
gp-301	10	43	investment	investment	NOUN
gp-301	10	44	dynamics	dynamic	NOUN
gp-301	10	45	and	and	CCONJ
gp-301	10	46	stock	stock	NOUN
gp-301	10	47	price	price	NOUN
gp-301	10	48	movements	movement	NOUN
gp-301	10	49	.	.	PUNCT
gp-301	11	1	at	at	ADP
gp-301	11	2	the	the	DET
gp-301	11	3	global	global	ADJ
gp-301	11	4	level	level	NOUN
gp-301	11	5	,	,	PUNCT
gp-301	11	6	the	the	DET
gp-301	11	7	automotive	automotive	ADJ
gp-301	11	8	industry	industry	NOUN
gp-301	11	9	has	have	AUX
gp-301	11	10	undergone	undergo	VERB
gp-301	11	11	a	a	DET
gp-301	11	12	significant	significant	ADJ
gp-301	11	13	transformation	transformation	NOUN
gp-301	11	14	in	in	ADP
gp-301	11	15	recent	recent	ADJ
gp-301	11	16	decades	decade	NOUN
gp-301	11	17	,	,	PUNCT
gp-301	11	18	with	with	ADP
gp-301	11	19	increasingly	increasingly	ADV
gp-301	11	20	complex	complex	ADJ
gp-301	11	21	macro	macro	NOUN
gp-301	11	22	and	and	CCONJ
gp-301	11	23	microeconomic	microeconomic	ADJ
gp-301	11	24	factors	factor	NOUN
gp-301	11	25	affecting	affect	VERB
gp-301	11	26	a	a	DET
gp-301	11	27	company	company	NOUN
gp-301	11	28	's	's	PART
gp-301	11	29	performance	performance	NOUN
gp-301	11	30	and	and	CCONJ
gp-301	11	31	its	its	PRON
gp-301	11	32	stock	stock	NOUN
gp-301	11	33	valuation	valuation	NOUN
gp-301	11	34	.	.	PUNCT
gp-301	12	1	the	the	DET
gp-301	12	2	global	global	ADJ
gp-301	12	3	automotive	automotive	ADJ
gp-301	12	4	industry	industry	NOUN
gp-301	12	5	faces	face	VERB
gp-301	12	6	multidimensional	multidimensional	ADJ
gp-301	12	7	challenges	challenge	NOUN
gp-301	12	8	,	,	PUNCT
gp-301	12	9	ranging	range	VERB
gp-301	12	10	from	from	ADP
gp-301	12	11	fluctuations	fluctuation	NOUN
gp-301	12	12	in	in	ADP
gp-301	12	13	commodity	commodity	NOUN
gp-301	12	14	prices	price	NOUN
gp-301	12	15	,	,	PUNCT
gp-301	12	16	changing	change	VERB
gp-301	12	17	consumer	consumer	NOUN
gp-301	12	18	preferences	preference	NOUN
gp-301	12	19	,	,	PUNCT
gp-301	12	20	to	to	ADP
gp-301	12	21	the	the	DET
gp-301	12	22	impact	impact	NOUN
gp-301	12	23	of	of	ADP
gp-301	12	24	disruptive	disruptive	ADJ
gp-301	12	25	technologies	technology	NOUN
gp-301	12	26	such	such	ADJ
gp-301	12	27	as	as	ADP
gp-301	12	28	electric	electric	ADJ
gp-301	12	29	vehicles	vehicle	NOUN
gp-301	12	30	and	and	CCONJ
gp-301	12	31	autonomous	autonomous	ADJ
gp-301	12	32	driving	driving	NOUN
gp-301	12	33	.	.	PUNCT
gp-301	13	1	this	this	DET
gp-301	13	2	condition	condition	NOUN
gp-301	13	3	creates	create	VERB
gp-301	13	4	high	high	ADJ
gp-301	13	5	volatility	volatility	NOUN
gp-301	13	6	in	in	ADP
gp-301	13	7	the	the	DET
gp-301	13	8	stock	stock	NOUN
gp-301	13	9	prices	price	NOUN
gp-301	13	10	of	of	ADP
gp-301	13	11	automotive	automotive	ADJ
gp-301	13	12	companies	company	NOUN
gp-301	13	13	on	on	ADP
gp-301	13	14	various	various	ADJ
gp-301	13	15	world	world	NOUN
gp-301	13	16	stock	stock	NOUN
gp-301	13	17	exchanges	exchange	NOUN
gp-301	13	18	(	(	PUNCT
gp-301	13	19	heizer	heizer	PROPN
gp-301	13	20	&	&	CCONJ
gp-301	13	21	render	render	VERB
gp-301	13	22	,	,	PUNCT
gp-301	13	23	2017	2017	NUM
gp-301	13	24	)	)	PUNCT
gp-301	13	25	.	.	PUNCT
gp-301	14	1	global	global	ADJ
gp-301	14	2	phenomena	phenomenon	NOUN
gp-301	14	3	show	show	VERB
gp-301	14	4	that	that	SCONJ
gp-301	14	5	the	the	DET
gp-301	14	6	financial	financial	ADJ
gp-301	14	7	performance	performance	NOUN
gp-301	14	8	of	of	ADP
gp-301	14	9	automotive	automotive	ADJ
gp-301	14	10	companies	company	NOUN
gp-301	14	11	is	be	AUX
gp-301	14	12	very	very	ADV
gp-301	14	13	sensitive	sensitive	ADJ
gp-301	14	14	to	to	ADP
gp-301	14	15	changes	change	NOUN
gp-301	14	16	in	in	ADP
gp-301	14	17	macroeconomic	macroeconomic	ADJ
gp-301	14	18	conditions	condition	NOUN
gp-301	14	19	.	.	PUNCT
gp-301	15	1	research	research	NOUN
gp-301	15	2	conducted	conduct	VERB
gp-301	15	3	by	by	ADP
gp-301	15	4	james	james	PROPN
gp-301	15	5	&	&	CCONJ
gp-301	15	6	nel	nel	PROPN
gp-301	15	7	(	(	PUNCT
gp-301	15	8	2021	2021	NUM
gp-301	15	9	)	)	PUNCT
gp-301	15	10	reveals	reveal	VERB
gp-301	15	11	that	that	SCONJ
gp-301	15	12	inflation	inflation	NOUN
gp-301	15	13	has	have	VERB
gp-301	15	14	a	a	DET
gp-301	15	15	systemic	systemic	ADJ
gp-301	15	16	impact	impact	NOUN
gp-301	15	17	on	on	ADP
gp-301	15	18	global	global	ADJ
gp-301	15	19	stock	stock	NOUN
gp-301	15	20	markets	market	NOUN
gp-301	15	21	,	,	PUNCT
gp-301	15	22	including	include	VERB
gp-301	15	23	the	the	DET
gp-301	15	24	automotive	automotive	ADJ
gp-301	15	25	sector	sector	NOUN
gp-301	15	26	,	,	PUNCT
gp-301	15	27	which	which	PRON
gp-301	15	28	in	in	ADP
gp-301	15	29	turn	turn	NOUN
gp-301	15	30	influences	influence	VERB
gp-301	15	31	investment	investment	NOUN
gp-301	15	32	decisions	decision	NOUN
gp-301	15	33	and	and	CCONJ
gp-301	15	34	portfolio	portfolio	NOUN
gp-301	15	35	allocation	allocation	NOUN
gp-301	15	36	.	.	PUNCT
gp-301	16	1	american	american	ADJ
gp-301	16	2	journal	journal	PROPN
gp-301	16	3	of	of	ADP
gp-301	16	4	economic	economic	ADJ
gp-301	16	5	and	and	CCONJ
gp-301	16	6	management	management	NOUN
gp-301	16	7	business	business	NOUN
gp-301	16	8	vol	vol	NOUN
gp-301	16	9	.	.	PROPN
gp-301	17	1	4	4	NUM
gp-301	17	2	no	no	NOUN
gp-301	17	3	.	.	NOUN
gp-301	17	4	8	8	NUM
gp-301	17	5	agustus	agustus	NOUN
gp-301	17	6	2025	2025	NUM
gp-301	17	7	1290	1290	NUM
gp-301	17	8	meanwhile	meanwhile	ADV
gp-301	17	9	,	,	PUNCT
gp-301	17	10	albulescu	albulescu	NOUN
gp-301	17	11	(	(	PUNCT
gp-301	17	12	2016	2016	NUM
gp-301	17	13	)	)	PUNCT
gp-301	17	14	,	,	PUNCT
gp-301	17	15	in	in	ADP
gp-301	17	16	his	his	PRON
gp-301	17	17	study	study	NOUN
gp-301	17	18	of	of	ADP
gp-301	17	19	the	the	DET
gp-301	17	20	long	long	ADJ
gp-301	17	21	-	-	PUNCT
gp-301	17	22	term	term	NOUN
gp-301	17	23	relationship	relationship	NOUN
gp-301	17	24	between	between	ADP
gp-301	17	25	stock	stock	NOUN
gp-301	17	26	prices	price	NOUN
gp-301	17	27	,	,	PUNCT
gp-301	17	28	inflation	inflation	NOUN
gp-301	17	29	,	,	PUNCT
gp-301	17	30	and	and	CCONJ
gp-301	17	31	inflation	inflation	NOUN
gp-301	17	32	uncertainty	uncertainty	NOUN
gp-301	17	33	in	in	ADP
gp-301	17	34	the	the	DET
gp-301	17	35	united	united	PROPN
gp-301	17	36	states	states	PROPN
gp-301	17	37	,	,	PUNCT
gp-301	17	38	found	find	VERB
gp-301	17	39	that	that	SCONJ
gp-301	17	40	different	different	ADJ
gp-301	17	41	sectors	sector	NOUN
gp-301	17	42	in	in	ADP
gp-301	17	43	the	the	DET
gp-301	17	44	dow	dow	PROPN
gp-301	17	45	jones	jones	PROPN
gp-301	17	46	index	index	PROPN
gp-301	17	47	showed	show	VERB
gp-301	17	48	varying	vary	VERB
gp-301	17	49	sensitivity	sensitivity	NOUN
gp-301	17	50	to	to	ADP
gp-301	17	51	changes	change	NOUN
gp-301	17	52	in	in	ADP
gp-301	17	53	the	the	DET
gp-301	17	54	inflation	inflation	NOUN
gp-301	17	55	rate	rate	NOUN
gp-301	17	56	,	,	PUNCT
gp-301	17	57	with	with	ADP
gp-301	17	58	the	the	DET
gp-301	17	59	automotive	automotive	ADJ
gp-301	17	60	sector	sector	NOUN
gp-301	17	61	showing	show	VERB
gp-301	17	62	a	a	DET
gp-301	17	63	significant	significant	ADJ
gp-301	17	64	correlation	correlation	NOUN
gp-301	17	65	.	.	PUNCT
gp-301	18	1	in	in	ADP
gp-301	18	2	the	the	DET
gp-301	18	3	context	context	NOUN
gp-301	18	4	of	of	ADP
gp-301	18	5	the	the	DET
gp-301	18	6	indonesian	indonesian	ADJ
gp-301	18	7	capital	capital	NOUN
gp-301	18	8	market	market	NOUN
gp-301	18	9	,	,	PUNCT
gp-301	18	10	the	the	DET
gp-301	18	11	dynamics	dynamic	NOUN
gp-301	18	12	that	that	PRON
gp-301	18	13	occur	occur	VERB
gp-301	18	14	are	be	AUX
gp-301	18	15	no	no	PRON
gp-301	18	16	less	less	ADV
gp-301	18	17	complex	complex	ADJ
gp-301	18	18	.	.	PUNCT
gp-301	19	1	indonesia	indonesia	PROPN
gp-301	19	2	's	's	PART
gp-301	19	3	capital	capital	NOUN
gp-301	19	4	market	market	NOUN
gp-301	19	5	has	have	AUX
gp-301	19	6	shown	show	VERB
gp-301	19	7	significant	significant	ADJ
gp-301	19	8	growth	growth	NOUN
gp-301	19	9	,	,	PUNCT
gp-301	19	10	especially	especially	ADV
gp-301	19	11	in	in	ADP
gp-301	19	12	the	the	DET
gp-301	19	13	manufacturing	manufacturing	NOUN
gp-301	19	14	sector	sector	NOUN
gp-301	19	15	which	which	PRON
gp-301	19	16	is	be	AUX
gp-301	19	17	the	the	DET
gp-301	19	18	backbone	backbone	NOUN
gp-301	19	19	of	of	ADP
gp-301	19	20	the	the	DET
gp-301	19	21	national	national	ADJ
gp-301	19	22	economy	economy	NOUN
gp-301	19	23	.	.	PUNCT
gp-301	20	1	the	the	DET
gp-301	20	2	manufacturing	manufacturing	NOUN
gp-301	20	3	sector	sector	NOUN
gp-301	20	4	consistently	consistently	ADV
gp-301	20	5	contributes	contribute	VERB
gp-301	20	6	the	the	DET
gp-301	20	7	largest	large	ADJ
gp-301	20	8	share	share	NOUN
gp-301	20	9	to	to	ADP
gp-301	20	10	the	the	DET
gp-301	20	11	national	national	ADJ
gp-301	20	12	gross	gross	ADJ
gp-301	20	13	domestic	domestic	ADJ
gp-301	20	14	product	product	NOUN
gp-301	20	15	(	(	PUNCT
gp-301	20	16	gdp	gdp	NOUN
gp-301	20	17	)	)	PUNCT
gp-301	20	18	,	,	PUNCT
gp-301	20	19	reaching	reach	VERB
gp-301	20	20	16.30	16.30	NUM
gp-301	20	21	%	%	NOUN
gp-301	20	22	in	in	ADP
gp-301	20	23	the	the	DET
gp-301	20	24	second	second	ADJ
gp-301	20	25	quarter	quarter	NOUN
gp-301	20	26	of	of	ADP
gp-301	20	27	2023	2023	NUM
gp-301	20	28	(	(	PUNCT
gp-301	20	29	tempo	tempo	NOUN
gp-301	20	30	,	,	PUNCT
gp-301	20	31	2025	2025	NUM
gp-301	20	32	)	)	PUNCT
gp-301	20	33	.	.	PUNCT
gp-301	21	1	this	this	DET
gp-301	21	2	growth	growth	NOUN
gp-301	21	3	reflects	reflect	VERB
gp-301	21	4	an	an	DET
gp-301	21	5	increase	increase	NOUN
gp-301	21	6	in	in	ADP
gp-301	21	7	the	the	DET
gp-301	21	8	value	value	NOUN
gp-301	21	9	of	of	ADP
gp-301	21	10	manufacturing	manufacturing	NOUN
gp-301	21	11	companies	company	NOUN
gp-301	21	12	,	,	PUNCT
gp-301	21	13	which	which	PRON
gp-301	21	14	is	be	AUX
gp-301	21	15	reflected	reflect	VERB
gp-301	21	16	in	in	ADP
gp-301	21	17	stock	stock	NOUN
gp-301	21	18	price	price	NOUN
gp-301	21	19	movements	movement	NOUN
gp-301	21	20	on	on	ADP
gp-301	21	21	the	the	DET
gp-301	21	22	indonesia	indonesia	PROPN
gp-301	21	23	stock	stock	PROPN
gp-301	21	24	exchange	exchange	PROPN
gp-301	21	25	(	(	PUNCT
gp-301	21	26	idx	idx	PROPN
gp-301	21	27	)	)	PUNCT
gp-301	21	28	(	(	PUNCT
gp-301	21	29	investor	investor	NOUN
gp-301	21	30	,	,	PUNCT
gp-301	21	31	2023	2023	NUM
gp-301	21	32	)	)	PUNCT
gp-301	21	33	.	.	PUNCT
gp-301	22	1	the	the	DET
gp-301	22	2	automotive	automotive	ADJ
gp-301	22	3	and	and	CCONJ
gp-301	22	4	component	component	NOUN
gp-301	22	5	industry	industry	NOUN
gp-301	22	6	sub	sub	NOUN
gp-301	22	7	-	-	NOUN
gp-301	22	8	sectors	sector	NOUN
gp-301	22	9	have	have	VERB
gp-301	22	10	a	a	DET
gp-301	22	11	strategic	strategic	ADJ
gp-301	22	12	role	role	NOUN
gp-301	22	13	in	in	ADP
gp-301	22	14	indonesia	indonesia	PROPN
gp-301	22	15	's	's	PART
gp-301	22	16	manufacturing	manufacturing	NOUN
gp-301	22	17	structure	structure	NOUN
gp-301	22	18	,	,	PUNCT
gp-301	22	19	not	not	PART
gp-301	22	20	only	only	ADV
gp-301	22	21	as	as	ADP
gp-301	22	22	a	a	DET
gp-301	22	23	key	key	ADJ
gp-301	22	24	driver	driver	NOUN
gp-301	22	25	of	of	ADP
gp-301	22	26	manufacturing	manufacturing	NOUN
gp-301	22	27	activity	activity	NOUN
gp-301	22	28	,	,	PUNCT
gp-301	22	29	but	but	CCONJ
gp-301	22	30	also	also	ADV
gp-301	22	31	as	as	ADP
gp-301	22	32	a	a	DET
gp-301	22	33	sector	sector	NOUN
gp-301	22	34	that	that	PRON
gp-301	22	35	is	be	AUX
gp-301	22	36	highly	highly	ADV
gp-301	22	37	sensitive	sensitive	ADJ
gp-301	22	38	to	to	ADP
gp-301	22	39	macroeconomic	macroeconomic	ADJ
gp-301	22	40	dynamics	dynamic	NOUN
gp-301	22	41	.	.	PUNCT
gp-301	23	1	indonesia	indonesia	PROPN
gp-301	23	2	's	's	PART
gp-301	23	3	automotive	automotive	ADJ
gp-301	23	4	industry	industry	NOUN
gp-301	23	5	faces	face	VERB
gp-301	23	6	unique	unique	ADJ
gp-301	23	7	challenges	challenge	NOUN
gp-301	23	8	that	that	PRON
gp-301	23	9	are	be	AUX
gp-301	23	10	different	different	ADJ
gp-301	23	11	from	from	ADP
gp-301	23	12	developed	develop	VERB
gp-301	23	13	countries	country	NOUN
gp-301	23	14	.	.	PUNCT
gp-301	24	1	in	in	ADP
gp-301	24	2	addition	addition	NOUN
gp-301	24	3	to	to	ADP
gp-301	24	4	global	global	ADJ
gp-301	24	5	factors	factor	NOUN
gp-301	24	6	such	such	ADJ
gp-301	24	7	as	as	ADP
gp-301	24	8	inflation	inflation	NOUN
gp-301	24	9	and	and	CCONJ
gp-301	24	10	technological	technological	ADJ
gp-301	24	11	change	change	NOUN
gp-301	24	12	,	,	PUNCT
gp-301	24	13	the	the	DET
gp-301	24	14	industry	industry	NOUN
gp-301	24	15	is	be	AUX
gp-301	24	16	also	also	ADV
gp-301	24	17	influenced	influence	VERB
gp-301	24	18	by	by	ADP
gp-301	24	19	specific	specific	ADJ
gp-301	24	20	domestic	domestic	ADJ
gp-301	24	21	market	market	NOUN
gp-301	24	22	characteristics	characteristic	NOUN
gp-301	24	23	,	,	PUNCT
gp-301	24	24	including	include	VERB
gp-301	24	25	people	people	NOUN
gp-301	24	26	's	's	PART
gp-301	24	27	purchasing	purchasing	NOUN
gp-301	24	28	power	power	NOUN
gp-301	24	29	,	,	PUNCT
gp-301	24	30	government	government	NOUN
gp-301	24	31	policies	policy	NOUN
gp-301	24	32	related	relate	VERB
gp-301	24	33	to	to	ADP
gp-301	24	34	the	the	DET
gp-301	24	35	automotive	automotive	ADJ
gp-301	24	36	industry	industry	NOUN
gp-301	24	37	,	,	PUNCT
gp-301	24	38	and	and	CCONJ
gp-301	24	39	competitive	competitive	ADJ
gp-301	24	40	structures	structure	NOUN
gp-301	24	41	dominated	dominate	VERB
gp-301	24	42	by	by	ADP
gp-301	24	43	large	large	ADJ
gp-301	24	44	players	player	NOUN
gp-301	24	45	with	with	ADP
gp-301	24	46	diverse	diverse	ADJ
gp-301	24	47	market	market	NOUN
gp-301	24	48	capitalizations	capitalization	NOUN
gp-301	24	49	.	.	PUNCT
gp-301	25	1	based	base	VERB
gp-301	25	2	on	on	ADP
gp-301	25	3	stockanalysis.com	stockanalysis.com	X
gp-301	25	4	(	(	PUNCT
gp-301	25	5	2025	2025	NUM
gp-301	25	6	)	)	PUNCT
gp-301	25	7	data	datum	NOUN
gp-301	25	8	,	,	PUNCT
gp-301	25	9	there	there	PRON
gp-301	25	10	are	be	VERB
gp-301	25	11	24	24	NUM
gp-301	25	12	companies	company	NOUN
gp-301	25	13	listed	list	VERB
gp-301	25	14	as	as	ADP
gp-301	25	15	companies	company	NOUN
gp-301	25	16	in	in	ADP
gp-301	25	17	the	the	DET
gp-301	25	18	automotive	automotive	ADJ
gp-301	25	19	and	and	CCONJ
gp-301	25	20	component	component	NOUN
gp-301	25	21	industry	industry	NOUN
gp-301	25	22	subsector	subsector	NOUN
gp-301	25	23	on	on	ADP
gp-301	25	24	the	the	DET
gp-301	25	25	idx	idx	PROPN
gp-301	25	26	,	,	PUNCT
gp-301	25	27	with	with	ADP
gp-301	25	28	highly	highly	ADV
gp-301	25	29	variable	variable	ADJ
gp-301	25	30	market	market	NOUN
gp-301	25	31	capitalizations	capitalization	NOUN
gp-301	25	32	,	,	PUNCT
gp-301	25	33	ranging	range	VERB
gp-301	25	34	from	from	ADP
gp-301	25	35	pt	pt	PROPN
gp-301	25	36	astra	astra	PROPN
gp-301	25	37	international	international	PROPN
gp-301	25	38	tbk	tbk	PROPN
gp-301	25	39	with	with	ADP
gp-301	25	40	a	a	DET
gp-301	25	41	capitalization	capitalization	NOUN
gp-301	25	42	of	of	ADP
gp-301	25	43	idr	idr	PROPN
gp-301	25	44	174	174	NUM
gp-301	25	45	trillion	trillion	NUM
gp-301	25	46	to	to	PART
gp-301	25	47	pt	pt	VERB
gp-301	25	48	king	king	NOUN
gp-301	25	49	tire	tire	NOUN
gp-301	25	50	indonesia	indonesia	PROPN
gp-301	25	51	tbk	tbk	VERB
gp-301	25	52	with	with	ADP
gp-301	25	53	a	a	DET
gp-301	25	54	capitalization	capitalization	NOUN
gp-301	25	55	of	of	ADP
gp-301	25	56	idr	idr	PROPN
gp-301	25	57	65	65	NUM
gp-301	25	58	billion	billion	NUM
gp-301	25	59	.	.	PUNCT
gp-301	26	1	the	the	DET
gp-301	26	2	urgency	urgency	NOUN
gp-301	26	3	of	of	ADP
gp-301	26	4	this	this	DET
gp-301	26	5	research	research	NOUN
gp-301	26	6	is	be	AUX
gp-301	26	7	increasing	increase	VERB
gp-301	26	8	considering	consider	VERB
gp-301	26	9	the	the	DET
gp-301	26	10	condition	condition	NOUN
gp-301	26	11	of	of	ADP
gp-301	26	12	the	the	DET
gp-301	26	13	indonesian	indonesian	ADJ
gp-301	26	14	automotive	automotive	ADJ
gp-301	26	15	industry	industry	NOUN
gp-301	26	16	which	which	PRON
gp-301	26	17	has	have	AUX
gp-301	26	18	not	not	PART
gp-301	26	19	fully	fully	ADV
gp-301	26	20	recovered	recover	VERB
gp-301	26	21	from	from	ADP
gp-301	26	22	the	the	DET
gp-301	26	23	impact	impact	NOUN
gp-301	26	24	of	of	ADP
gp-301	26	25	the	the	DET
gp-301	26	26	covid-19	covid-19	PROPN
gp-301	26	27	pandemic	pandemic	NOUN
gp-301	26	28	.	.	PUNCT
gp-301	27	1	devi	devi	PROPN
gp-301	27	2	&	&	CCONJ
gp-301	27	3	warasniasih	warasniasih	PROPN
gp-301	27	4	(	(	PUNCT
gp-301	27	5	2020	2020	NUM
gp-301	27	6	)	)	PUNCT
gp-301	27	7	,	,	PUNCT
gp-301	27	8	in	in	ADP
gp-301	27	9	their	their	PRON
gp-301	27	10	research	research	NOUN
gp-301	27	11	on	on	ADP
gp-301	27	12	the	the	DET
gp-301	27	13	impact	impact	NOUN
gp-301	27	14	of	of	ADP
gp-301	27	15	the	the	DET
gp-301	27	16	covid-19	covid-19	PROPN
gp-301	27	17	pandemic	pandemic	NOUN
gp-301	27	18	on	on	ADP
gp-301	27	19	the	the	DET
gp-301	27	20	financial	financial	ADJ
gp-301	27	21	performance	performance	NOUN
gp-301	27	22	of	of	ADP
gp-301	27	23	companies	company	NOUN
gp-301	27	24	on	on	ADP
gp-301	27	25	the	the	DET
gp-301	27	26	indonesia	indonesia	PROPN
gp-301	27	27	stock	stock	PROPN
gp-301	27	28	exchange	exchange	PROPN
gp-301	27	29	,	,	PUNCT
gp-301	27	30	found	find	VERB
gp-301	27	31	that	that	SCONJ
gp-301	27	32	the	the	DET
gp-301	27	33	automotive	automotive	ADJ
gp-301	27	34	sector	sector	NOUN
gp-301	27	35	experienced	experience	VERB
gp-301	27	36	a	a	DET
gp-301	27	37	significant	significant	ADJ
gp-301	27	38	decline	decline	NOUN
gp-301	27	39	in	in	ADP
gp-301	27	40	performance	performance	NOUN
gp-301	27	41	,	,	PUNCT
gp-301	27	42	with	with	ADP
gp-301	27	43	stock	stock	NOUN
gp-301	27	44	prices	price	NOUN
gp-301	27	45	tending	tend	VERB
gp-301	27	46	to	to	AUX
gp-301	27	47	fluctuate	fluctuate	VERB
gp-301	27	48	and	and	CCONJ
gp-301	27	49	showing	show	VERB
gp-301	27	50	high	high	ADJ
gp-301	27	51	market	market	NOUN
gp-301	27	52	uncertainty	uncertainty	NOUN
gp-301	27	53	.	.	PUNCT
gp-301	28	1	this	this	DET
gp-301	28	2	phenomenon	phenomenon	NOUN
gp-301	28	3	reflects	reflect	VERB
gp-301	28	4	the	the	DET
gp-301	28	5	fundamental	fundamental	ADJ
gp-301	28	6	challenges	challenge	NOUN
gp-301	28	7	faced	face	VERB
gp-301	28	8	by	by	ADP
gp-301	28	9	the	the	DET
gp-301	28	10	industry	industry	NOUN
gp-301	28	11	in	in	ADP
gp-301	28	12	dealing	deal	VERB
gp-301	28	13	with	with	ADP
gp-301	28	14	changing	change	VERB
gp-301	28	15	economic	economic	ADJ
gp-301	28	16	conditions	condition	NOUN
gp-301	28	17	and	and	CCONJ
gp-301	28	18	maintaining	maintain	VERB
gp-301	28	19	optimal	optimal	ADJ
gp-301	28	20	financial	financial	ADJ
gp-301	28	21	performance	performance	NOUN
gp-301	28	22	.	.	PUNCT
gp-301	29	1	research	research	NOUN
gp-301	29	2	on	on	ADP
gp-301	29	3	the	the	DET
gp-301	29	4	factors	factor	NOUN
gp-301	29	5	that	that	PRON
gp-301	29	6	affect	affect	VERB
gp-301	29	7	stock	stock	NOUN
gp-301	29	8	prices	price	NOUN
gp-301	29	9	has	have	AUX
gp-301	29	10	been	be	AUX
gp-301	29	11	conducted	conduct	VERB
gp-301	29	12	,	,	PUNCT
gp-301	29	13	but	but	CCONJ
gp-301	29	14	the	the	DET
gp-301	29	15	focus	focus	NOUN
gp-301	29	16	on	on	ADP
gp-301	29	17	the	the	DET
gp-301	29	18	automotive	automotive	ADJ
gp-301	29	19	and	and	CCONJ
gp-301	29	20	component	component	NOUN
gp-301	29	21	industries	industry	NOUN
gp-301	29	22	in	in	ADP
gp-301	29	23	indonesia	indonesia	PROPN
gp-301	29	24	is	be	AUX
gp-301	29	25	still	still	ADV
gp-301	29	26	limited	limited	ADJ
gp-301	29	27	.	.	PUNCT
gp-301	30	1	a	a	DET
gp-301	30	2	study	study	NOUN
gp-301	30	3	conducted	conduct	VERB
gp-301	30	4	by	by	ADP
gp-301	30	5	hisar	hisar	PROPN
gp-301	30	6	et	et	PROPN
gp-301	30	7	al	al	PROPN
gp-301	30	8	.	.	PROPN
gp-301	30	9	(	(	PUNCT
gp-301	30	10	2021	2021	NUM
gp-301	30	11	)	)	PUNCT
gp-301	30	12	shows	show	VERB
gp-301	30	13	that	that	SCONJ
gp-301	30	14	return	return	VERB
gp-301	30	15	on	on	ADP
gp-301	30	16	assets	asset	NOUN
gp-301	30	17	(	(	PUNCT
gp-301	30	18	roa	roa	NOUN
gp-301	30	19	)	)	PUNCT
gp-301	30	20	and	and	CCONJ
gp-301	30	21	debt	debt	NOUN
gp-301	30	22	to	to	ADP
gp-301	30	23	equity	equity	NOUN
gp-301	30	24	ratio	ratio	NOUN
gp-301	30	25	(	(	PUNCT
gp-301	30	26	der	der	NOUN
gp-301	30	27	)	)	PUNCT
gp-301	30	28	have	have	VERB
gp-301	30	29	a	a	DET
gp-301	30	30	significant	significant	ADJ
gp-301	30	31	influence	influence	NOUN
gp-301	30	32	on	on	ADP
gp-301	30	33	stock	stock	NOUN
gp-301	30	34	returns	return	NOUN
gp-301	30	35	in	in	ADP
gp-301	30	36	manufacturing	manufacturing	NOUN
gp-301	30	37	companies	company	NOUN
gp-301	30	38	listed	list	VERB
gp-301	30	39	on	on	ADP
gp-301	30	40	the	the	DET
gp-301	30	41	idx	idx	PROPN
gp-301	30	42	.	.	PUNCT
gp-301	31	1	this	this	DET
gp-301	31	2	finding	finding	NOUN
gp-301	31	3	is	be	AUX
gp-301	31	4	in	in	ADP
gp-301	31	5	line	line	NOUN
gp-301	31	6	with	with	ADP
gp-301	31	7	research	research	NOUN
gp-301	31	8	by	by	ADP
gp-301	31	9	maryani	maryani	PROPN
gp-301	31	10	&	&	CCONJ
gp-301	31	11	tamara	tamara	PROPN
gp-301	31	12	(	(	PUNCT
gp-301	31	13	2020	2020	NUM
gp-301	31	14	)	)	PUNCT
gp-301	31	15	,	,	PUNCT
gp-301	31	16	which	which	PRON
gp-301	31	17	analyzed	analyze	VERB
gp-301	31	18	the	the	DET
gp-301	31	19	influence	influence	NOUN
gp-301	31	20	of	of	ADP
gp-301	31	21	roa	roa	PROPN
gp-301	31	22	,	,	PUNCT
gp-301	31	23	roe	roe	NOUN
gp-301	31	24	,	,	PUNCT
gp-301	31	25	and	and	CCONJ
gp-301	31	26	der	der	NOUN
gp-301	31	27	on	on	ADP
gp-301	31	28	stock	stock	NOUN
gp-301	31	29	prices	price	NOUN
gp-301	31	30	in	in	ADP
gp-301	31	31	companies	company	NOUN
gp-301	31	32	indexed	index	VERB
gp-301	31	33	in	in	ADP
gp-301	31	34	the	the	DET
gp-301	31	35	jakarta	jakarta	PROPN
gp-301	31	36	islamic	islamic	PROPN
gp-301	31	37	index	index	NOUN
gp-301	31	38	for	for	ADP
gp-301	31	39	the	the	DET
gp-301	31	40	2016	2016	NUM
gp-301	31	41	-	-	SYM
gp-301	31	42	2019	2019	NUM
gp-301	31	43	period	period	NOUN
gp-301	31	44	,	,	PUNCT
gp-301	31	45	and	and	CCONJ
gp-301	31	46	found	find	VERB
gp-301	31	47	that	that	SCONJ
gp-301	31	48	the	the	DET
gp-301	31	49	company	company	NOUN
gp-301	31	50	's	's	PART
gp-301	31	51	internal	internal	ADJ
gp-301	31	52	financial	financial	ADJ
gp-301	31	53	factors	factor	NOUN
gp-301	31	54	have	have	VERB
gp-301	31	55	an	an	DET
gp-301	31	56	important	important	ADJ
gp-301	31	57	role	role	NOUN
gp-301	31	58	in	in	ADP
gp-301	31	59	determining	determine	VERB
gp-301	31	60	stock	stock	NOUN
gp-301	31	61	price	price	NOUN
gp-301	31	62	movements	movement	NOUN
gp-301	31	63	.	.	PUNCT
gp-301	32	1	meanwhile	meanwhile	ADV
gp-301	32	2	,	,	PUNCT
gp-301	32	3	research	research	NOUN
gp-301	32	4	on	on	ADP
gp-301	32	5	the	the	DET
gp-301	32	6	effect	effect	NOUN
gp-301	32	7	of	of	ADP
gp-301	32	8	inflation	inflation	NOUN
gp-301	32	9	on	on	ADP
gp-301	32	10	stock	stock	NOUN
gp-301	32	11	prices	price	NOUN
gp-301	32	12	still	still	ADV
gp-301	32	13	shows	show	VERB
gp-301	32	14	inconsistent	inconsistent	ADJ
gp-301	32	15	results	result	NOUN
gp-301	32	16	.	.	PUNCT
gp-301	33	1	perdani	perdani	ADJ
gp-301	33	2	(	(	PUNCT
gp-301	33	3	2025	2025	NUM
gp-301	33	4	)	)	PUNCT
gp-301	33	5	,	,	PUNCT
gp-301	33	6	in	in	ADP
gp-301	33	7	his	his	PRON
gp-301	33	8	study	study	NOUN
gp-301	33	9	,	,	PUNCT
gp-301	33	10	found	find	VERB
gp-301	33	11	that	that	SCONJ
gp-301	33	12	inflation	inflation	NOUN
gp-301	33	13	affects	affect	VERB
gp-301	33	14	stock	stock	NOUN
gp-301	33	15	prices	price	NOUN
gp-301	33	16	with	with	ADP
gp-301	33	17	the	the	DET
gp-301	33	18	exchange	exchange	NOUN
gp-301	33	19	rate	rate	NOUN
gp-301	33	20	as	as	ADP
gp-301	33	21	a	a	DET
gp-301	33	22	moderation	moderation	NOUN
gp-301	33	23	variable	variable	NOUN
gp-301	33	24	,	,	PUNCT
gp-301	33	25	but	but	CCONJ
gp-301	33	26	the	the	DET
gp-301	33	27	results	result	NOUN
gp-301	33	28	of	of	ADP
gp-301	33	29	research	research	NOUN
gp-301	33	30	related	relate	VERB
gp-301	33	31	to	to	ADP
gp-301	33	32	the	the	DET
gp-301	33	33	direct	direct	ADJ
gp-301	33	34	influence	influence	NOUN
gp-301	33	35	of	of	ADP
gp-301	33	36	inflation	inflation	NOUN
gp-301	33	37	on	on	ADP
gp-301	33	38	stock	stock	NOUN
gp-301	33	39	prices	price	NOUN
gp-301	33	40	still	still	ADV
gp-301	33	41	show	show	VERB
gp-301	33	42	significant	significant	ADJ
gp-301	33	43	variations	variation	NOUN
gp-301	33	44	.	.	PUNCT
gp-301	34	1	khan	khan	PROPN
gp-301	34	2	(	(	PUNCT
gp-301	34	3	2023	2023	NUM
gp-301	34	4	)	)	PUNCT
gp-301	34	5	,	,	PUNCT
gp-301	34	6	in	in	ADP
gp-301	34	7	his	his	PRON
gp-301	34	8	analysis	analysis	NOUN
gp-301	34	9	of	of	ADP
gp-301	34	10	macroeconomic	macroeconomic	ADJ
gp-301	34	11	factors	factor	NOUN
gp-301	34	12	and	and	CCONJ
gp-301	34	13	stock	stock	NOUN
gp-301	34	14	market	market	NOUN
gp-301	34	15	returns	return	NOUN
gp-301	34	16	,	,	PUNCT
gp-301	34	17	found	find	VERB
gp-301	34	18	that	that	SCONJ
gp-301	34	19	the	the	DET
gp-301	34	20	relationship	relationship	NOUN
gp-301	34	21	between	between	ADP
gp-301	34	22	inflation	inflation	NOUN
gp-301	34	23	american	american	PROPN
gp-301	34	24	journal	journal	PROPN
gp-301	34	25	of	of	ADP
gp-301	34	26	economic	economic	ADJ
gp-301	34	27	and	and	CCONJ
gp-301	34	28	management	management	NOUN
gp-301	34	29	business	business	NOUN
gp-301	34	30	vol	vol	NOUN
gp-301	34	31	.	.	PROPN
gp-301	34	32	4	4	NUM
gp-301	34	33	no	no	NOUN
gp-301	34	34	.	.	NOUN
gp-301	34	35	8	8	NUM
gp-301	34	36	agustus	agustus	NOUN
gp-301	34	37	2025	2025	NUM
gp-301	34	38	1291	1291	NUM
gp-301	34	39	and	and	CCONJ
gp-301	34	40	stock	stock	NOUN
gp-301	34	41	prices	price	NOUN
gp-301	34	42	is	be	AUX
gp-301	34	43	complex	complex	ADJ
gp-301	34	44	and	and	CCONJ
gp-301	34	45	influenced	influence	VERB
gp-301	34	46	by	by	ADP
gp-301	34	47	various	various	ADJ
gp-301	34	48	contextual	contextual	ADJ
gp-301	34	49	factors	factor	NOUN
gp-301	34	50	,	,	PUNCT
gp-301	34	51	including	include	VERB
gp-301	34	52	the	the	DET
gp-301	34	53	economic	economic	ADJ
gp-301	34	54	structure	structure	NOUN
gp-301	34	55	and	and	CCONJ
gp-301	34	56	monetary	monetary	ADJ
gp-301	34	57	policy	policy	NOUN
gp-301	34	58	of	of	ADP
gp-301	34	59	a	a	DET
gp-301	34	60	country	country	NOUN
gp-301	34	61	.	.	PUNCT
gp-301	35	1	another	another	DET
gp-301	35	2	relevant	relevant	ADJ
gp-301	35	3	research	research	NOUN
gp-301	35	4	that	that	PRON
gp-301	35	5	supports	support	VERB
gp-301	35	6	the	the	DET
gp-301	35	7	urgency	urgency	NOUN
gp-301	35	8	of	of	ADP
gp-301	35	9	this	this	DET
gp-301	35	10	study	study	NOUN
gp-301	35	11	is	be	AUX
gp-301	35	12	a	a	DET
gp-301	35	13	study	study	NOUN
gp-301	35	14	conducted	conduct	VERB
gp-301	35	15	by	by	ADP
gp-301	35	16	various	various	ADJ
gp-301	35	17	researchers	researcher	NOUN
gp-301	35	18	on	on	ADP
gp-301	35	19	the	the	DET
gp-301	35	20	determinants	determinant	NOUN
gp-301	35	21	of	of	ADP
gp-301	35	22	stock	stock	NOUN
gp-301	35	23	prices	price	NOUN
gp-301	35	24	in	in	ADP
gp-301	35	25	the	the	DET
gp-301	35	26	automotive	automotive	ADJ
gp-301	35	27	sector	sector	NOUN
gp-301	35	28	.	.	PUNCT
gp-301	36	1	astuti	astuti	PROPN
gp-301	36	2	(	(	PUNCT
gp-301	36	3	2020	2020	NUM
gp-301	36	4	)	)	PUNCT
gp-301	36	5	,	,	PUNCT
gp-301	36	6	in	in	ADP
gp-301	36	7	his	his	PRON
gp-301	36	8	analysis	analysis	NOUN
gp-301	36	9	of	of	ADP
gp-301	36	10	the	the	DET
gp-301	36	11	impact	impact	NOUN
gp-301	36	12	of	of	ADP
gp-301	36	13	the	the	DET
gp-301	36	14	company	company	NOUN
gp-301	36	15	's	's	PART
gp-301	36	16	financial	financial	ADJ
gp-301	36	17	ratio	ratio	NOUN
gp-301	36	18	on	on	ADP
gp-301	36	19	the	the	DET
gp-301	36	20	stock	stock	NOUN
gp-301	36	21	price	price	NOUN
gp-301	36	22	in	in	ADP
gp-301	36	23	companies	company	NOUN
gp-301	36	24	listed	list	VERB
gp-301	36	25	in	in	ADP
gp-301	36	26	the	the	DET
gp-301	36	27	jakarta	jakarta	PROPN
gp-301	36	28	islamic	islamic	PROPN
gp-301	36	29	index	index	PROPN
gp-301	36	30	,	,	PUNCT
gp-301	36	31	found	find	VERB
gp-301	36	32	that	that	SCONJ
gp-301	36	33	profitability	profitability	NOUN
gp-301	36	34	,	,	PUNCT
gp-301	36	35	represented	represent	VERB
gp-301	36	36	by	by	ADP
gp-301	36	37	roa	roa	PROPN
gp-301	36	38	,	,	PUNCT
gp-301	36	39	has	have	VERB
gp-301	36	40	a	a	DET
gp-301	36	41	consistent	consistent	ADJ
gp-301	36	42	influence	influence	NOUN
gp-301	36	43	on	on	ADP
gp-301	36	44	stock	stock	NOUN
gp-301	36	45	prices	price	NOUN
gp-301	36	46	.	.	PUNCT
gp-301	37	1	similar	similar	ADJ
gp-301	37	2	findings	finding	NOUN
gp-301	37	3	were	be	AUX
gp-301	37	4	also	also	ADV
gp-301	37	5	put	put	VERB
gp-301	37	6	forward	forward	ADV
gp-301	37	7	by	by	ADP
gp-301	37	8	choiriya	choiriya	PROPN
gp-301	37	9	(	(	PUNCT
gp-301	37	10	t.t	t.t	PROPN
gp-301	37	11	.	.	PROPN
gp-301	37	12	)	)	PUNCT
gp-301	37	13	,	,	PUNCT
gp-301	37	14	who	who	PRON
gp-301	37	15	analyzed	analyze	VERB
gp-301	37	16	the	the	DET
gp-301	37	17	influence	influence	NOUN
gp-301	37	18	of	of	ADP
gp-301	37	19	roa	roa	PROPN
gp-301	37	20	,	,	PUNCT
gp-301	37	21	roe	roe	PROPN
gp-301	37	22	,	,	PUNCT
gp-301	37	23	net	net	ADJ
gp-301	37	24	profit	profit	NOUN
gp-301	37	25	margin	margin	NOUN
gp-301	37	26	,	,	PUNCT
gp-301	37	27	earnings	earning	NOUN
gp-301	37	28	per	per	ADP
gp-301	37	29	share	share	NOUN
gp-301	37	30	,	,	PUNCT
gp-301	37	31	and	and	CCONJ
gp-301	37	32	operating	operate	VERB
gp-301	37	33	profit	profit	NOUN
gp-301	37	34	margin	margin	NOUN
gp-301	37	35	on	on	ADP
gp-301	37	36	the	the	DET
gp-301	37	37	stock	stock	NOUN
gp-301	37	38	price	price	NOUN
gp-301	37	39	of	of	ADP
gp-301	37	40	banking	banking	NOUN
gp-301	37	41	companies	company	NOUN
gp-301	37	42	,	,	PUNCT
gp-301	37	43	which	which	PRON
gp-301	37	44	showed	show	VERB
gp-301	37	45	that	that	SCONJ
gp-301	37	46	roa	roa	PROPN
gp-301	37	47	has	have	VERB
gp-301	37	48	a	a	DET
gp-301	37	49	positive	positive	ADJ
gp-301	37	50	and	and	CCONJ
gp-301	37	51	significant	significant	ADJ
gp-301	37	52	influence	influence	NOUN
gp-301	37	53	on	on	ADP
gp-301	37	54	stock	stock	NOUN
gp-301	37	55	prices	price	NOUN
gp-301	37	56	.	.	PUNCT
gp-301	38	1	research	research	NOUN
gp-301	38	2	on	on	ADP
gp-301	38	3	the	the	DET
gp-301	38	4	effect	effect	NOUN
gp-301	38	5	of	of	ADP
gp-301	38	6	der	der	NOUN
gp-301	38	7	on	on	ADP
gp-301	38	8	stock	stock	NOUN
gp-301	38	9	prices	price	NOUN
gp-301	38	10	has	have	AUX
gp-301	38	11	also	also	ADV
gp-301	38	12	shown	show	VERB
gp-301	38	13	mixed	mixed	ADJ
gp-301	38	14	results	result	NOUN
gp-301	38	15	.	.	PUNCT
gp-301	39	1	indradinata	indradinata	PROPN
gp-301	39	2	(	(	PUNCT
gp-301	39	3	2019	2019	NUM
gp-301	39	4	)	)	PUNCT
gp-301	39	5	,	,	PUNCT
gp-301	39	6	in	in	ADP
gp-301	39	7	his	his	PRON
gp-301	39	8	study	study	NOUN
gp-301	39	9	of	of	ADP
gp-301	39	10	the	the	DET
gp-301	39	11	determinants	determinant	NOUN
gp-301	39	12	of	of	ADP
gp-301	39	13	the	the	DET
gp-301	39	14	rise	rise	NOUN
gp-301	39	15	and	and	CCONJ
gp-301	39	16	fall	fall	NOUN
gp-301	39	17	of	of	ADP
gp-301	39	18	stock	stock	NOUN
gp-301	39	19	prices	price	NOUN
gp-301	39	20	on	on	ADP
gp-301	39	21	the	the	DET
gp-301	39	22	indonesia	indonesia	PROPN
gp-301	39	23	stock	stock	PROPN
gp-301	39	24	exchange	exchange	PROPN
gp-301	39	25	,	,	PUNCT
gp-301	39	26	found	find	VERB
gp-301	39	27	that	that	SCONJ
gp-301	39	28	der	der	NOUN
gp-301	39	29	does	do	AUX
gp-301	39	30	not	not	PART
gp-301	39	31	always	always	ADV
gp-301	39	32	have	have	VERB
gp-301	39	33	a	a	DET
gp-301	39	34	significant	significant	ADJ
gp-301	39	35	effect	effect	NOUN
gp-301	39	36	on	on	ADP
gp-301	39	37	stock	stock	NOUN
gp-301	39	38	prices	price	NOUN
gp-301	39	39	,	,	PUNCT
gp-301	39	40	depending	depend	VERB
gp-301	39	41	on	on	ADP
gp-301	39	42	the	the	DET
gp-301	39	43	industry	industry	NOUN
gp-301	39	44	context	context	NOUN
gp-301	39	45	and	and	CCONJ
gp-301	39	46	economic	economic	ADJ
gp-301	39	47	conditions	condition	NOUN
gp-301	39	48	.	.	PUNCT
gp-301	40	1	this	this	DET
gp-301	40	2	finding	finding	NOUN
gp-301	40	3	is	be	AUX
gp-301	40	4	strengthened	strengthen	VERB
gp-301	40	5	by	by	ADP
gp-301	40	6	research	research	NOUN
gp-301	40	7	by	by	ADP
gp-301	40	8	kemalasari	kemalasari	PROPN
gp-301	40	9	&	&	CCONJ
gp-301	40	10	norita	norita	PROPN
gp-301	40	11	(	(	PUNCT
gp-301	40	12	2019	2019	NUM
gp-301	40	13	)	)	PUNCT
gp-301	40	14	,	,	PUNCT
gp-301	40	15	which	which	PRON
gp-301	40	16	analyzes	analyze	VERB
gp-301	40	17	the	the	DET
gp-301	40	18	influence	influence	NOUN
gp-301	40	19	of	of	ADP
gp-301	40	20	earnings	earning	NOUN
gp-301	40	21	per	per	ADP
gp-301	40	22	share	share	NOUN
gp-301	40	23	,	,	PUNCT
gp-301	40	24	return	return	VERB
gp-301	40	25	on	on	ADP
gp-301	40	26	equity	equity	NOUN
gp-301	40	27	,	,	PUNCT
gp-301	40	28	price	price	NOUN
gp-301	40	29	earnings	earning	NOUN
gp-301	40	30	ratio	ratio	NOUN
gp-301	40	31	,	,	PUNCT
gp-301	40	32	and	and	CCONJ
gp-301	40	33	debt	debt	NOUN
gp-301	40	34	to	to	ADP
gp-301	40	35	equity	equity	NOUN
gp-301	40	36	ratio	ratio	NOUN
gp-301	40	37	on	on	ADP
gp-301	40	38	stock	stock	NOUN
gp-301	40	39	prices	price	NOUN
gp-301	40	40	in	in	ADP
gp-301	40	41	companies	company	NOUN
gp-301	40	42	that	that	PRON
gp-301	40	43	are	be	AUX
gp-301	40	44	members	member	NOUN
gp-301	40	45	of	of	ADP
gp-301	40	46	the	the	DET
gp-301	40	47	lq45	lq45	PROPN
gp-301	40	48	index	index	NOUN
gp-301	40	49	,	,	PUNCT
gp-301	40	50	showing	show	VERB
gp-301	40	51	that	that	SCONJ
gp-301	40	52	the	the	DET
gp-301	40	53	influence	influence	NOUN
gp-301	40	54	of	of	ADP
gp-301	40	55	der	der	NOUN
gp-301	40	56	is	be	AUX
gp-301	40	57	conditional	conditional	ADJ
gp-301	40	58	and	and	CCONJ
gp-301	40	59	influenced	influence	VERB
gp-301	40	60	by	by	ADP
gp-301	40	61	other	other	ADJ
gp-301	40	62	factors	factor	NOUN
gp-301	40	63	in	in	ADP
gp-301	40	64	the	the	DET
gp-301	40	65	company	company	NOUN
gp-301	40	66	.	.	PUNCT
gp-301	41	1	the	the	DET
gp-301	41	2	novelty	novelty	NOUN
gp-301	41	3	of	of	ADP
gp-301	41	4	this	this	DET
gp-301	41	5	research	research	NOUN
gp-301	41	6	lies	lie	VERB
gp-301	41	7	in	in	ADP
gp-301	41	8	several	several	ADJ
gp-301	41	9	aspects	aspect	NOUN
gp-301	41	10	that	that	PRON
gp-301	41	11	distinguish	distinguish	VERB
gp-301	41	12	it	it	PRON
gp-301	41	13	from	from	ADP
gp-301	41	14	previous	previous	ADJ
gp-301	41	15	studies	study	NOUN
gp-301	41	16	.	.	PUNCT
gp-301	42	1	first	first	ADV
gp-301	42	2	,	,	PUNCT
gp-301	42	3	this	this	DET
gp-301	42	4	research	research	NOUN
gp-301	42	5	specifically	specifically	ADV
gp-301	42	6	focuses	focus	VERB
gp-301	42	7	on	on	ADP
gp-301	42	8	the	the	DET
gp-301	42	9	automotive	automotive	ADJ
gp-301	42	10	industry	industry	NOUN
gp-301	42	11	and	and	CCONJ
gp-301	42	12	components	component	NOUN
gp-301	42	13	listed	list	VERB
gp-301	42	14	on	on	ADP
gp-301	42	15	the	the	DET
gp-301	42	16	idx	idx	PROPN
gp-301	42	17	,	,	PUNCT
gp-301	42	18	which	which	PRON
gp-301	42	19	are	be	AUX
gp-301	42	20	strategic	strategic	ADJ
gp-301	42	21	sectors	sector	NOUN
gp-301	42	22	but	but	CCONJ
gp-301	42	23	have	have	AUX
gp-301	42	24	not	not	PART
gp-301	42	25	been	be	AUX
gp-301	42	26	extensively	extensively	ADV
gp-301	42	27	researched	research	VERB
gp-301	42	28	in	in	ADP
gp-301	42	29	depth	depth	NOUN
gp-301	42	30	in	in	ADP
gp-301	42	31	the	the	DET
gp-301	42	32	context	context	NOUN
gp-301	42	33	of	of	ADP
gp-301	42	34	stock	stock	NOUN
gp-301	42	35	price	price	NOUN
gp-301	42	36	determinants	determinant	NOUN
gp-301	42	37	.	.	PUNCT
gp-301	43	1	second	second	ADJ
gp-301	43	2	,	,	PUNCT
gp-301	43	3	this	this	DET
gp-301	43	4	study	study	NOUN
gp-301	43	5	uses	use	VERB
gp-301	43	6	the	the	DET
gp-301	43	7	2020	2020	NUM
gp-301	43	8	-	-	SYM
gp-301	43	9	2024	2024	NUM
gp-301	43	10	analysis	analysis	NOUN
gp-301	43	11	period	period	NOUN
gp-301	43	12	,	,	PUNCT
gp-301	43	13	which	which	PRON
gp-301	43	14	includes	include	VERB
gp-301	43	15	the	the	DET
gp-301	43	16	post	post	ADJ
gp-301	43	17	-	-	ADJ
gp-301	43	18	covid-19	covid-19	ADJ
gp-301	43	19	pandemic	pandemic	ADJ
gp-301	43	20	recovery	recovery	NOUN
gp-301	43	21	period	period	NOUN
gp-301	43	22	,	,	PUNCT
gp-301	43	23	so	so	SCONJ
gp-301	43	24	that	that	SCONJ
gp-301	43	25	it	it	PRON
gp-301	43	26	can	can	AUX
gp-301	43	27	provide	provide	VERB
gp-301	43	28	insight	insight	NOUN
gp-301	43	29	into	into	ADP
gp-301	43	30	the	the	DET
gp-301	43	31	resilience	resilience	NOUN
gp-301	43	32	and	and	CCONJ
gp-301	43	33	adaptability	adaptability	NOUN
gp-301	43	34	of	of	ADP
gp-301	43	35	the	the	DET
gp-301	43	36	automotive	automotive	ADJ
gp-301	43	37	industry	industry	NOUN
gp-301	43	38	to	to	ADP
gp-301	43	39	external	external	ADJ
gp-301	43	40	shocks	shock	NOUN
gp-301	43	41	.	.	PUNCT
gp-301	44	1	third	third	ADJ
gp-301	44	2	,	,	PUNCT
gp-301	44	3	the	the	DET
gp-301	44	4	study	study	NOUN
gp-301	44	5	integrates	integrate	VERB
gp-301	44	6	the	the	DET
gp-301	44	7	analysis	analysis	NOUN
gp-301	44	8	of	of	ADP
gp-301	44	9	internal	internal	ADJ
gp-301	44	10	factors	factor	NOUN
gp-301	44	11	of	of	ADP
gp-301	44	12	the	the	DET
gp-301	44	13	company	company	NOUN
gp-301	44	14	(	(	PUNCT
gp-301	44	15	roa	roa	NOUN
gp-301	44	16	and	and	CCONJ
gp-301	44	17	der	der	NOUN
gp-301	44	18	)	)	PUNCT
gp-301	44	19	with	with	ADP
gp-301	44	20	macroeconomic	macroeconomic	ADJ
gp-301	44	21	factors	factor	NOUN
gp-301	44	22	(	(	PUNCT
gp-301	44	23	inflation	inflation	NOUN
gp-301	44	24	)	)	PUNCT
gp-301	44	25	in	in	ADP
gp-301	44	26	one	one	NUM
gp-301	44	27	comprehensive	comprehensive	ADJ
gp-301	44	28	model	model	NOUN
gp-301	44	29	,	,	PUNCT
gp-301	44	30	which	which	PRON
gp-301	44	31	allows	allow	VERB
gp-301	44	32	for	for	ADP
gp-301	44	33	a	a	DET
gp-301	44	34	more	more	ADV
gp-301	44	35	holistic	holistic	ADJ
gp-301	44	36	understanding	understanding	NOUN
gp-301	44	37	of	of	ADP
gp-301	44	38	the	the	DET
gp-301	44	39	dynamics	dynamic	NOUN
gp-301	44	40	of	of	ADP
gp-301	44	41	stock	stock	NOUN
gp-301	44	42	prices	price	NOUN
gp-301	44	43	in	in	ADP
gp-301	44	44	this	this	DET
gp-301	44	45	sector	sector	NOUN
gp-301	44	46	.	.	PUNCT
gp-301	45	1	fourth	fourth	ADJ
gp-301	45	2	,	,	PUNCT
gp-301	45	3	this	this	DET
gp-301	45	4	study	study	NOUN
gp-301	45	5	uses	use	VERB
gp-301	45	6	a	a	DET
gp-301	45	7	panel	panel	NOUN
gp-301	45	8	data	datum	NOUN
gp-301	45	9	analysis	analysis	NOUN
gp-301	45	10	methodology	methodology	NOUN
gp-301	45	11	with	with	ADP
gp-301	45	12	the	the	DET
gp-301	45	13	selection	selection	NOUN
gp-301	45	14	of	of	ADP
gp-301	45	15	the	the	DET
gp-301	45	16	right	right	ADJ
gp-301	45	17	model	model	NOUN
gp-301	45	18	through	through	ADP
gp-301	45	19	a	a	DET
gp-301	45	20	series	series	NOUN
gp-301	45	21	of	of	ADP
gp-301	45	22	statistical	statistical	ADJ
gp-301	45	23	tests	test	NOUN
gp-301	45	24	(	(	PUNCT
gp-301	45	25	chow	chow	PROPN
gp-301	45	26	test	test	NOUN
gp-301	45	27	,	,	PUNCT
gp-301	45	28	hausman	hausman	ADJ
gp-301	45	29	test	test	NOUN
gp-301	45	30	,	,	PUNCT
gp-301	45	31	and	and	CCONJ
gp-301	45	32	lagrange	lagrange	PROPN
gp-301	45	33	multiplier	multipli	ADJ
gp-301	45	34	test	test	NOUN
gp-301	45	35	)	)	PUNCT
gp-301	45	36	,	,	PUNCT
gp-301	45	37	which	which	PRON
gp-301	45	38	ensures	ensure	VERB
gp-301	45	39	the	the	DET
gp-301	45	40	accuracy	accuracy	NOUN
gp-301	45	41	and	and	CCONJ
gp-301	45	42	robustness	robustness	NOUN
gp-301	45	43	of	of	ADP
gp-301	45	44	the	the	DET
gp-301	45	45	analysis	analysis	NOUN
gp-301	45	46	results	result	NOUN
gp-301	45	47	.	.	PUNCT
gp-301	46	1	fifth	fifth	ADJ
gp-301	46	2	,	,	PUNCT
gp-301	46	3	this	this	DET
gp-301	46	4	study	study	NOUN
gp-301	46	5	makes	make	VERB
gp-301	46	6	a	a	DET
gp-301	46	7	significant	significant	ADJ
gp-301	46	8	practical	practical	ADJ
gp-301	46	9	contribution	contribution	NOUN
gp-301	46	10	for	for	ADP
gp-301	46	11	investors	investor	NOUN
gp-301	46	12	,	,	PUNCT
gp-301	46	13	analysts	analyst	NOUN
gp-301	46	14	,	,	PUNCT
gp-301	46	15	and	and	CCONJ
gp-301	46	16	company	company	NOUN
gp-301	46	17	managers	manager	NOUN
gp-301	46	18	in	in	ADP
gp-301	46	19	understanding	understand	VERB
gp-301	46	20	the	the	DET
gp-301	46	21	key	key	ADJ
gp-301	46	22	factors	factor	NOUN
gp-301	46	23	that	that	PRON
gp-301	46	24	affect	affect	VERB
gp-301	46	25	stock	stock	NOUN
gp-301	46	26	valuation	valuation	NOUN
gp-301	46	27	in	in	ADP
gp-301	46	28	the	the	DET
gp-301	46	29	indonesian	indonesian	ADJ
gp-301	46	30	automotive	automotive	ADJ
gp-301	46	31	industry	industry	NOUN
gp-301	46	32	,	,	PUNCT
gp-301	46	33	which	which	PRON
gp-301	46	34	can	can	AUX
gp-301	46	35	be	be	AUX
gp-301	46	36	used	use	VERB
gp-301	46	37	for	for	ADP
gp-301	46	38	the	the	DET
gp-301	46	39	optimization	optimization	NOUN
gp-301	46	40	of	of	ADP
gp-301	46	41	investment	investment	NOUN
gp-301	46	42	strategies	strategy	NOUN
gp-301	46	43	and	and	CCONJ
gp-301	46	44	corporate	corporate	ADJ
gp-301	46	45	financial	financial	ADJ
gp-301	46	46	management	management	NOUN
gp-301	46	47	.	.	PUNCT
gp-301	47	1	the	the	DET
gp-301	47	2	purpose	purpose	NOUN
gp-301	47	3	of	of	ADP
gp-301	47	4	this	this	DET
gp-301	47	5	study	study	NOUN
gp-301	47	6	is	be	AUX
gp-301	47	7	to	to	PART
gp-301	47	8	analyze	analyze	VERB
gp-301	47	9	the	the	DET
gp-301	47	10	effect	effect	NOUN
gp-301	47	11	of	of	ADP
gp-301	47	12	return	return	NOUN
gp-301	47	13	on	on	ADP
gp-301	47	14	assets	asset	NOUN
gp-301	47	15	(	(	PUNCT
gp-301	47	16	roa	roa	NOUN
gp-301	47	17	)	)	PUNCT
gp-301	47	18	,	,	PUNCT
gp-301	47	19	debt	debt	NOUN
gp-301	47	20	to	to	ADP
gp-301	47	21	equity	equity	NOUN
gp-301	47	22	ratio	ratio	NOUN
gp-301	47	23	(	(	PUNCT
gp-301	47	24	der	der	NOUN
gp-301	47	25	)	)	PUNCT
gp-301	47	26	,	,	PUNCT
gp-301	47	27	and	and	CCONJ
gp-301	47	28	inflation	inflation	NOUN
gp-301	47	29	on	on	ADP
gp-301	47	30	the	the	DET
gp-301	47	31	share	share	NOUN
gp-301	47	32	prices	price	NOUN
gp-301	47	33	of	of	ADP
gp-301	47	34	automotive	automotive	ADJ
gp-301	47	35	industry	industry	NOUN
gp-301	47	36	companies	company	NOUN
gp-301	47	37	and	and	CCONJ
gp-301	47	38	components	component	NOUN
gp-301	47	39	listed	list	VERB
gp-301	47	40	on	on	ADP
gp-301	47	41	the	the	DET
gp-301	47	42	idx	idx	NOUN
gp-301	47	43	for	for	ADP
gp-301	47	44	the	the	DET
gp-301	47	45	2020	2020	NUM
gp-301	47	46	-	-	SYM
gp-301	47	47	2024	2024	NUM
gp-301	47	48	period	period	NOUN
gp-301	47	49	,	,	PUNCT
gp-301	47	50	both	both	PRON
gp-301	47	51	partially	partially	ADV
gp-301	47	52	and	and	CCONJ
gp-301	47	53	simultaneously	simultaneously	ADV
gp-301	47	54	.	.	PUNCT
gp-301	48	1	specifically	specifically	ADV
gp-301	48	2	,	,	PUNCT
gp-301	48	3	this	this	DET
gp-301	48	4	study	study	NOUN
gp-301	48	5	aims	aim	VERB
gp-301	48	6	to	to	PART
gp-301	48	7	:	:	PUNCT
gp-301	48	8	(	(	PUNCT
gp-301	48	9	1	1	X
gp-301	48	10	)	)	PUNCT
gp-301	48	11	analyze	analyze	VERB
gp-301	48	12	the	the	DET
gp-301	48	13	influence	influence	NOUN
gp-301	48	14	of	of	ADP
gp-301	48	15	roa	roa	NOUN
gp-301	48	16	on	on	ADP
gp-301	48	17	the	the	DET
gp-301	48	18	stock	stock	NOUN
gp-301	48	19	price	price	NOUN
gp-301	48	20	of	of	ADP
gp-301	48	21	automotive	automotive	ADJ
gp-301	48	22	companies	company	NOUN
gp-301	48	23	;	;	PUNCT
gp-301	48	24	(	(	PUNCT
gp-301	48	25	2	2	X
gp-301	48	26	)	)	PUNCT
gp-301	48	27	determine	determine	VERB
gp-301	48	28	the	the	DET
gp-301	48	29	effect	effect	NOUN
gp-301	48	30	of	of	ADP
gp-301	48	31	der	der	NOUN
gp-301	48	32	on	on	ADP
gp-301	48	33	the	the	DET
gp-301	48	34	stock	stock	NOUN
gp-301	48	35	price	price	NOUN
gp-301	48	36	of	of	ADP
gp-301	48	37	automotive	automotive	ADJ
gp-301	48	38	companies	company	NOUN
gp-301	48	39	;	;	PUNCT
gp-301	48	40	(	(	PUNCT
gp-301	48	41	3	3	X
gp-301	48	42	)	)	PUNCT
gp-301	48	43	determine	determine	VERB
gp-301	48	44	the	the	DET
gp-301	48	45	effect	effect	NOUN
gp-301	48	46	of	of	ADP
gp-301	48	47	inflation	inflation	NOUN
gp-301	48	48	on	on	ADP
gp-301	48	49	the	the	DET
gp-301	48	50	share	share	NOUN
gp-301	48	51	price	price	NOUN
gp-301	48	52	of	of	ADP
gp-301	48	53	automotive	automotive	ADJ
gp-301	48	54	companies	company	NOUN
gp-301	48	55	;	;	PUNCT
gp-301	48	56	and	and	CCONJ
gp-301	48	57	(	(	PUNCT
gp-301	48	58	4	4	X
gp-301	48	59	)	)	PUNCT
gp-301	48	60	determine	determine	VERB
gp-301	48	61	the	the	DET
gp-301	48	62	simultaneous	simultaneous	ADJ
gp-301	48	63	influence	influence	NOUN
gp-301	48	64	of	of	ADP
gp-301	48	65	roa	roa	PROPN
gp-301	48	66	,	,	PUNCT
gp-301	48	67	der	der	NOUN
gp-301	48	68	,	,	PUNCT
gp-301	48	69	and	and	CCONJ
gp-301	48	70	inflation	inflation	NOUN
gp-301	48	71	on	on	ADP
gp-301	48	72	the	the	DET
gp-301	48	73	stock	stock	NOUN
gp-301	48	74	price	price	NOUN
gp-301	48	75	of	of	ADP
gp-301	48	76	automotive	automotive	ADJ
gp-301	48	77	companies	company	NOUN
gp-301	48	78	.	.	PUNCT
gp-301	49	1	the	the	DET
gp-301	49	2	benefits	benefit	NOUN
gp-301	49	3	of	of	ADP
gp-301	49	4	this	this	DET
gp-301	49	5	research	research	NOUN
gp-301	49	6	include	include	VERB
gp-301	49	7	significant	significant	ADJ
gp-301	49	8	theoretical	theoretical	ADJ
gp-301	49	9	and	and	CCONJ
gp-301	49	10	practical	practical	ADJ
gp-301	49	11	aspects	aspect	NOUN
gp-301	49	12	.	.	PUNCT
gp-301	50	1	theoretically	theoretically	ADV
gp-301	50	2	,	,	PUNCT
gp-301	50	3	this	this	DET
gp-301	50	4	research	research	NOUN
gp-301	50	5	contributes	contribute	VERB
gp-301	50	6	to	to	ADP
gp-301	50	7	the	the	DET
gp-301	50	8	development	development	NOUN
gp-301	50	9	of	of	ADP
gp-301	50	10	science	science	NOUN
gp-301	50	11	,	,	PUNCT
gp-301	50	12	especially	especially	ADV
gp-301	50	13	in	in	ADP
gp-301	50	14	the	the	DET
gp-301	50	15	field	field	NOUN
gp-301	50	16	of	of	ADP
gp-301	50	17	financial	financial	ADJ
gp-301	50	18	management	management	NOUN
gp-301	50	19	and	and	CCONJ
gp-301	50	20	capital	capital	NOUN
gp-301	50	21	market	market	NOUN
gp-301	50	22	analysis	analysis	NOUN
gp-301	50	23	,	,	PUNCT
gp-301	50	24	by	by	ADP
gp-301	50	25	enriching	enrich	VERB
gp-301	50	26	the	the	DET
gp-301	50	27	theoretical	theoretical	ADJ
gp-301	50	28	treasures	treasure	NOUN
gp-301	50	29	of	of	ADP
gp-301	50	30	the	the	DET
gp-301	50	31	american	american	ADJ
gp-301	50	32	journal	journal	PROPN
gp-301	50	33	of	of	ADP
gp-301	50	34	economic	economic	ADJ
gp-301	50	35	and	and	CCONJ
gp-301	50	36	management	management	NOUN
gp-301	50	37	business	business	NOUN
gp-301	50	38	vol	vol	NOUN
gp-301	50	39	.	.	PROPN
gp-301	51	1	4	4	NUM
gp-301	52	1	no	no	NOUN
gp-301	52	2	.	.	NOUN
gp-301	52	3	8	8	NUM
gp-301	52	4	agustus	agustus	NOUN
gp-301	52	5	2025	2025	NUM
gp-301	52	6	1292	1292	NUM
gp-301	52	7	stock	stock	NOUN
gp-301	52	8	market	market	NOUN
gp-301	52	9	dynamics	dynamic	NOUN
gp-301	52	10	of	of	ADP
gp-301	52	11	automotive	automotive	ADJ
gp-301	52	12	manufacturing	manufacturing	NOUN
gp-301	52	13	companies	company	NOUN
gp-301	52	14	in	in	ADP
gp-301	52	15	emerging	emerge	VERB
gp-301	52	16	markets	market	NOUN
gp-301	52	17	such	such	ADJ
gp-301	52	18	as	as	ADP
gp-301	52	19	indonesia	indonesia	PROPN
gp-301	52	20	.	.	PUNCT
gp-301	53	1	this	this	DET
gp-301	53	2	research	research	NOUN
gp-301	53	3	can	can	AUX
gp-301	53	4	also	also	ADV
gp-301	53	5	be	be	AUX
gp-301	53	6	an	an	DET
gp-301	53	7	important	important	ADJ
gp-301	53	8	reference	reference	NOUN
gp-301	53	9	for	for	ADP
gp-301	53	10	future	future	ADJ
gp-301	53	11	studies	study	NOUN
gp-301	53	12	that	that	PRON
gp-301	53	13	examine	examine	VERB
gp-301	53	14	the	the	DET
gp-301	53	15	influence	influence	NOUN
gp-301	53	16	of	of	ADP
gp-301	53	17	internal	internal	ADJ
gp-301	53	18	and	and	CCONJ
gp-301	53	19	external	external	ADJ
gp-301	53	20	factors	factor	NOUN
gp-301	53	21	on	on	ADP
gp-301	53	22	stock	stock	NOUN
gp-301	53	23	prices	price	NOUN
gp-301	53	24	,	,	PUNCT
gp-301	53	25	as	as	ADV
gp-301	53	26	well	well	ADV
gp-301	53	27	as	as	ADP
gp-301	53	28	a	a	DET
gp-301	53	29	reference	reference	NOUN
gp-301	53	30	in	in	ADP
gp-301	53	31	the	the	DET
gp-301	53	32	development	development	NOUN
gp-301	53	33	of	of	ADP
gp-301	53	34	theories	theory	NOUN
gp-301	53	35	related	relate	VERB
gp-301	53	36	to	to	ADP
gp-301	53	37	the	the	DET
gp-301	53	38	relationship	relationship	NOUN
gp-301	53	39	between	between	ADP
gp-301	53	40	a	a	DET
gp-301	53	41	company	company	NOUN
gp-301	53	42	's	's	PART
gp-301	53	43	financial	financial	ADJ
gp-301	53	44	performance	performance	NOUN
gp-301	53	45	and	and	CCONJ
gp-301	53	46	market	market	NOUN
gp-301	53	47	valuation	valuation	NOUN
gp-301	53	48	.	.	PUNCT
gp-301	54	1	practically	practically	ADV
gp-301	54	2	,	,	PUNCT
gp-301	54	3	this	this	DET
gp-301	54	4	research	research	NOUN
gp-301	54	5	provides	provide	VERB
gp-301	54	6	very	very	ADV
gp-301	54	7	important	important	ADJ
gp-301	54	8	information	information	NOUN
gp-301	54	9	for	for	ADP
gp-301	54	10	various	various	ADJ
gp-301	54	11	stakeholders	stakeholder	NOUN
gp-301	54	12	.	.	PUNCT
gp-301	55	1	for	for	ADP
gp-301	55	2	investors	investor	NOUN
gp-301	55	3	,	,	PUNCT
gp-301	55	4	this	this	DET
gp-301	55	5	study	study	NOUN
gp-301	55	6	provides	provide	VERB
gp-301	55	7	insights	insight	NOUN
gp-301	55	8	that	that	PRON
gp-301	55	9	can	can	AUX
gp-301	55	10	be	be	AUX
gp-301	55	11	used	use	VERB
gp-301	55	12	for	for	ADP
gp-301	55	13	more	more	ADV
gp-301	55	14	informed	informed	ADJ
gp-301	55	15	and	and	CCONJ
gp-301	55	16	strategic	strategic	ADJ
gp-301	55	17	investment	investment	NOUN
gp-301	55	18	decision	decision	NOUN
gp-301	55	19	-	-	PUNCT
gp-301	55	20	making	making	NOUN
gp-301	55	21	,	,	PUNCT
gp-301	55	22	by	by	ADP
gp-301	55	23	understanding	understand	VERB
gp-301	55	24	the	the	DET
gp-301	55	25	key	key	ADJ
gp-301	55	26	factors	factor	NOUN
gp-301	55	27	that	that	PRON
gp-301	55	28	influence	influence	VERB
gp-301	55	29	stock	stock	NOUN
gp-301	55	30	price	price	NOUN
gp-301	55	31	movements	movement	NOUN
gp-301	55	32	in	in	ADP
gp-301	55	33	the	the	DET
gp-301	55	34	automotive	automotive	ADJ
gp-301	55	35	sector	sector	NOUN
gp-301	55	36	.	.	PUNCT
gp-301	56	1	for	for	ADP
gp-301	56	2	corporate	corporate	ADJ
gp-301	56	3	management	management	NOUN
gp-301	56	4	,	,	PUNCT
gp-301	56	5	the	the	DET
gp-301	56	6	findings	finding	NOUN
gp-301	56	7	of	of	ADP
gp-301	56	8	this	this	DET
gp-301	56	9	research	research	NOUN
gp-301	56	10	can	can	AUX
gp-301	56	11	be	be	AUX
gp-301	56	12	used	use	VERB
gp-301	56	13	as	as	ADP
gp-301	56	14	a	a	DET
gp-301	56	15	basis	basis	NOUN
gp-301	56	16	for	for	ADP
gp-301	56	17	optimizing	optimize	VERB
gp-301	56	18	financial	financial	ADJ
gp-301	56	19	and	and	CCONJ
gp-301	56	20	operational	operational	ADJ
gp-301	56	21	strategies	strategy	NOUN
gp-301	56	22	to	to	PART
gp-301	56	23	increase	increase	VERB
gp-301	56	24	company	company	NOUN
gp-301	56	25	value	value	NOUN
gp-301	56	26	and	and	CCONJ
gp-301	56	27	investment	investment	NOUN
gp-301	56	28	attractiveness	attractiveness	NOUN
gp-301	56	29	.	.	PUNCT
gp-301	57	1	for	for	ADP
gp-301	57	2	market	market	NOUN
gp-301	57	3	analysts	analyst	NOUN
gp-301	57	4	and	and	CCONJ
gp-301	57	5	regulators	regulator	NOUN
gp-301	57	6	,	,	PUNCT
gp-301	57	7	this	this	DET
gp-301	57	8	study	study	NOUN
gp-301	57	9	provides	provide	VERB
gp-301	57	10	a	a	DET
gp-301	57	11	clearer	clear	ADJ
gp-301	57	12	picture	picture	NOUN
gp-301	57	13	of	of	ADP
gp-301	57	14	the	the	DET
gp-301	57	15	dynamics	dynamic	NOUN
gp-301	57	16	of	of	ADP
gp-301	57	17	the	the	DET
gp-301	57	18	automotive	automotive	ADJ
gp-301	57	19	sector	sector	NOUN
gp-301	57	20	and	and	CCONJ
gp-301	57	21	the	the	DET
gp-301	57	22	factors	factor	NOUN
gp-301	57	23	that	that	PRON
gp-301	57	24	need	need	VERB
gp-301	57	25	to	to	PART
gp-301	57	26	be	be	AUX
gp-301	57	27	considered	consider	VERB
gp-301	57	28	in	in	ADP
gp-301	57	29	evaluating	evaluate	VERB
gp-301	57	30	the	the	DET
gp-301	57	31	performance	performance	NOUN
gp-301	57	32	and	and	CCONJ
gp-301	57	33	prospects	prospect	NOUN
gp-301	57	34	of	of	ADP
gp-301	57	35	this	this	DET
gp-301	57	36	industry	industry	NOUN
gp-301	57	37	.	.	PUNCT
gp-301	58	1	the	the	DET
gp-301	58	2	implications	implication	NOUN
gp-301	58	3	of	of	ADP
gp-301	58	4	the	the	DET
gp-301	58	5	research	research	NOUN
gp-301	58	6	include	include	VERB
gp-301	58	7	contributing	contribute	VERB
gp-301	58	8	to	to	ADP
gp-301	58	9	a	a	DET
gp-301	58	10	deeper	deep	ADJ
gp-301	58	11	understanding	understanding	NOUN
gp-301	58	12	of	of	ADP
gp-301	58	13	the	the	DET
gp-301	58	14	mechanism	mechanism	NOUN
gp-301	58	15	of	of	ADP
gp-301	58	16	stock	stock	NOUN
gp-301	58	17	pricing	pricing	NOUN
gp-301	58	18	in	in	ADP
gp-301	58	19	the	the	DET
gp-301	58	20	indonesian	indonesian	ADJ
gp-301	58	21	capital	capital	NOUN
gp-301	58	22	market	market	NOUN
gp-301	58	23	,	,	PUNCT
gp-301	58	24	especially	especially	ADV
gp-301	58	25	for	for	ADP
gp-301	58	26	strategic	strategic	ADJ
gp-301	58	27	sectors	sector	NOUN
gp-301	58	28	such	such	ADJ
gp-301	58	29	as	as	ADP
gp-301	58	30	automotive	automotive	ADJ
gp-301	58	31	.	.	PUNCT
gp-301	59	1	the	the	DET
gp-301	59	2	results	result	NOUN
gp-301	59	3	of	of	ADP
gp-301	59	4	this	this	DET
gp-301	59	5	research	research	NOUN
gp-301	59	6	are	be	AUX
gp-301	59	7	expected	expect	VERB
gp-301	59	8	to	to	PART
gp-301	59	9	provide	provide	VERB
gp-301	59	10	input	input	NOUN
gp-301	59	11	for	for	ADP
gp-301	59	12	the	the	DET
gp-301	59	13	development	development	NOUN
gp-301	59	14	of	of	ADP
gp-301	59	15	policies	policy	NOUN
gp-301	59	16	that	that	PRON
gp-301	59	17	support	support	VERB
gp-301	59	18	the	the	DET
gp-301	59	19	growth	growth	NOUN
gp-301	59	20	of	of	ADP
gp-301	59	21	the	the	DET
gp-301	59	22	national	national	ADJ
gp-301	59	23	automotive	automotive	ADJ
gp-301	59	24	industry	industry	NOUN
gp-301	59	25	,	,	PUNCT
gp-301	59	26	as	as	ADV
gp-301	59	27	well	well	ADV
gp-301	59	28	as	as	ADP
gp-301	59	29	provide	provide	VERB
gp-301	59	30	guidance	guidance	NOUN
gp-301	59	31	for	for	ADP
gp-301	59	32	companies	company	NOUN
gp-301	59	33	in	in	ADP
gp-301	59	34	designing	design	VERB
gp-301	59	35	optimal	optimal	ADJ
gp-301	59	36	financial	financial	ADJ
gp-301	59	37	strategies	strategy	NOUN
gp-301	59	38	to	to	PART
gp-301	59	39	improve	improve	VERB
gp-301	59	40	valuation	valuation	NOUN
gp-301	59	41	and	and	CCONJ
gp-301	59	42	access	access	NOUN
gp-301	59	43	to	to	ADP
gp-301	59	44	the	the	DET
gp-301	59	45	capital	capital	NOUN
gp-301	59	46	market	market	NOUN
gp-301	59	47	.	.	PUNCT
gp-301	60	1	in	in	ADP
gp-301	60	2	addition	addition	NOUN
gp-301	60	3	,	,	PUNCT
gp-301	60	4	the	the	DET
gp-301	60	5	study	study	NOUN
gp-301	60	6	also	also	ADV
gp-301	60	7	contributes	contribute	VERB
gp-301	60	8	to	to	ADP
gp-301	60	9	the	the	DET
gp-301	60	10	development	development	NOUN
gp-301	60	11	of	of	ADP
gp-301	60	12	empirical	empirical	ADJ
gp-301	60	13	literature	literature	NOUN
gp-301	60	14	on	on	ADP
gp-301	60	15	stock	stock	NOUN
gp-301	60	16	price	price	NOUN
gp-301	60	17	determinants	determinant	NOUN
gp-301	60	18	in	in	ADP
gp-301	60	19	developing	develop	VERB
gp-301	60	20	countries	country	NOUN
gp-301	60	21	,	,	PUNCT
gp-301	60	22	which	which	PRON
gp-301	60	23	can	can	AUX
gp-301	60	24	serve	serve	VERB
gp-301	60	25	as	as	ADP
gp-301	60	26	a	a	DET
gp-301	60	27	reference	reference	NOUN
gp-301	60	28	for	for	ADP
gp-301	60	29	future	future	ADJ
gp-301	60	30	cross	cross	NOUN
gp-301	60	31	-	-	NOUN
gp-301	60	32	country	country	NOUN
gp-301	60	33	or	or	CCONJ
gp-301	60	34	cross	cross	ADJ
gp-301	60	35	-	-	ADJ
gp-301	60	36	sector	sector	ADJ
gp-301	60	37	comparative	comparative	ADJ
gp-301	60	38	research	research	NOUN
gp-301	60	39	.	.	PUNCT
gp-301	61	1	research	research	NOUN
gp-301	61	2	methods	method	NOUN
gp-301	61	3	this	this	DET
gp-301	61	4	research	research	NOUN
gp-301	61	5	used	use	VERB
gp-301	61	6	a	a	DET
gp-301	61	7	quantitative	quantitative	ADJ
gp-301	61	8	explanatory	explanatory	ADJ
gp-301	61	9	approach	approach	NOUN
gp-301	61	10	to	to	PART
gp-301	61	11	examine	examine	VERB
gp-301	61	12	the	the	DET
gp-301	61	13	causal	causal	ADJ
gp-301	61	14	relationship	relationship	NOUN
gp-301	61	15	between	between	ADP
gp-301	61	16	independent	independent	ADJ
gp-301	61	17	variables	variable	NOUN
gp-301	61	18	(	(	PUNCT
gp-301	61	19	roa	roa	PROPN
gp-301	61	20	,	,	PUNCT
gp-301	61	21	der	der	NOUN
gp-301	61	22	,	,	PUNCT
gp-301	61	23	and	and	CCONJ
gp-301	61	24	inflation	inflation	NOUN
gp-301	61	25	)	)	PUNCT
gp-301	61	26	and	and	CCONJ
gp-301	61	27	the	the	DET
gp-301	61	28	dependent	dependent	ADJ
gp-301	61	29	variable	variable	NOUN
gp-301	61	30	(	(	PUNCT
gp-301	61	31	stock	stock	NOUN
gp-301	61	32	prices	price	NOUN
gp-301	61	33	)	)	PUNCT
gp-301	61	34	.	.	PUNCT
gp-301	62	1	it	it	PRON
gp-301	62	2	employed	employ	VERB
gp-301	62	3	a	a	DET
gp-301	62	4	descriptive	descriptive	ADJ
gp-301	62	5	causality	causality	NOUN
gp-301	62	6	method	method	NOUN
gp-301	62	7	to	to	PART
gp-301	62	8	provide	provide	VERB
gp-301	62	9	a	a	DET
gp-301	62	10	systematic	systematic	ADJ
gp-301	62	11	and	and	CCONJ
gp-301	62	12	accurate	accurate	ADJ
gp-301	62	13	depiction	depiction	NOUN
gp-301	62	14	of	of	ADP
gp-301	62	15	the	the	DET
gp-301	62	16	facts	fact	NOUN
gp-301	62	17	and	and	CCONJ
gp-301	62	18	relationships	relationship	NOUN
gp-301	62	19	among	among	ADP
gp-301	62	20	the	the	DET
gp-301	62	21	variables	variable	NOUN
gp-301	62	22	studied	study	VERB
gp-301	62	23	(	(	PUNCT
gp-301	62	24	sugiyono	sugiyono	NOUN
gp-301	62	25	,	,	PUNCT
gp-301	62	26	2019	2019	NUM
gp-301	62	27	)	)	PUNCT
gp-301	62	28	.	.	PUNCT
gp-301	63	1	the	the	DET
gp-301	63	2	research	research	NOUN
gp-301	63	3	object	object	NOUN
gp-301	63	4	comprised	comprise	VERB
gp-301	63	5	automotive	automotive	ADJ
gp-301	63	6	and	and	CCONJ
gp-301	63	7	component	component	NOUN
gp-301	63	8	industry	industry	NOUN
gp-301	63	9	companies	company	NOUN
gp-301	63	10	actively	actively	ADV
gp-301	63	11	listed	list	VERB
gp-301	63	12	on	on	ADP
gp-301	63	13	the	the	DET
gp-301	63	14	indonesia	indonesia	PROPN
gp-301	63	15	stock	stock	PROPN
gp-301	63	16	exchange	exchange	PROPN
gp-301	63	17	(	(	PUNCT
gp-301	63	18	idx	idx	PROPN
gp-301	63	19	)	)	PUNCT
gp-301	63	20	during	during	ADP
gp-301	63	21	the	the	DET
gp-301	63	22	2020	2020	NUM
gp-301	63	23	-	-	SYM
gp-301	63	24	2024	2024	NUM
gp-301	63	25	period	period	NOUN
gp-301	63	26	,	,	PUNCT
gp-301	63	27	along	along	ADP
gp-301	63	28	with	with	ADP
gp-301	63	29	their	their	PRON
gp-301	63	30	financial	financial	ADJ
gp-301	63	31	data	datum	NOUN
gp-301	63	32	and	and	CCONJ
gp-301	63	33	stock	stock	NOUN
gp-301	63	34	prices	price	NOUN
gp-301	63	35	.	.	PUNCT
gp-301	64	1	the	the	DET
gp-301	64	2	selection	selection	NOUN
gp-301	64	3	was	be	AUX
gp-301	64	4	based	base	VERB
gp-301	64	5	on	on	ADP
gp-301	64	6	the	the	DET
gp-301	64	7	strategic	strategic	ADJ
gp-301	64	8	role	role	NOUN
gp-301	64	9	of	of	ADP
gp-301	64	10	the	the	DET
gp-301	64	11	automotive	automotive	ADJ
gp-301	64	12	industry	industry	NOUN
gp-301	64	13	in	in	ADP
gp-301	64	14	indonesia	indonesia	PROPN
gp-301	64	15	's	's	PART
gp-301	64	16	economy	economy	NOUN
gp-301	64	17	and	and	CCONJ
gp-301	64	18	the	the	DET
gp-301	64	19	availability	availability	NOUN
gp-301	64	20	of	of	ADP
gp-301	64	21	comprehensive	comprehensive	ADJ
gp-301	64	22	,	,	PUNCT
gp-301	64	23	publicly	publicly	ADV
gp-301	64	24	accessible	accessible	ADJ
gp-301	64	25	data	datum	NOUN
gp-301	64	26	.	.	PUNCT
gp-301	65	1	the	the	DET
gp-301	65	2	population	population	NOUN
gp-301	65	3	included	include	VERB
gp-301	65	4	all	all	DET
gp-301	65	5	automotive	automotive	ADJ
gp-301	65	6	and	and	CCONJ
gp-301	65	7	component	component	NOUN
gp-301	65	8	industry	industry	NOUN
gp-301	65	9	companies	company	NOUN
gp-301	65	10	listed	list	VERB
gp-301	65	11	on	on	ADP
gp-301	65	12	the	the	DET
gp-301	65	13	idx	idx	NOUN
gp-301	65	14	during	during	ADP
gp-301	65	15	2020	2020	NUM
gp-301	65	16	-	-	SYM
gp-301	65	17	2024	2024	NUM
gp-301	65	18	,	,	PUNCT
gp-301	65	19	totaling	total	VERB
gp-301	65	20	24	24	NUM
gp-301	65	21	companies	company	NOUN
gp-301	65	22	with	with	ADP
gp-301	65	23	varying	vary	VERB
gp-301	65	24	market	market	NOUN
gp-301	65	25	capitalizations	capitalization	NOUN
gp-301	65	26	.	.	PUNCT
gp-301	66	1	a	a	DET
gp-301	66	2	purposive	purposive	ADJ
gp-301	66	3	sampling	sampling	NOUN
gp-301	66	4	technique	technique	NOUN
gp-301	66	5	was	be	AUX
gp-301	66	6	applied	apply	VERB
gp-301	66	7	with	with	ADP
gp-301	66	8	these	these	DET
gp-301	66	9	criteria	criterion	NOUN
gp-301	66	10	:	:	PUNCT
gp-301	66	11	(	(	PUNCT
gp-301	66	12	1	1	X
gp-301	66	13	)	)	PUNCT
gp-301	66	14	companies	company	NOUN
gp-301	66	15	consistently	consistently	ADV
gp-301	66	16	listed	list	VERB
gp-301	66	17	on	on	ADP
gp-301	66	18	the	the	DET
gp-301	66	19	idx	idx	NOUN
gp-301	66	20	from	from	ADP
gp-301	66	21	2020	2020	NUM
gp-301	66	22	to	to	ADP
gp-301	66	23	2024	2024	NUM
gp-301	66	24	;	;	PUNCT
gp-301	66	25	(	(	PUNCT
gp-301	66	26	2	2	X
gp-301	66	27	)	)	PUNCT
gp-301	66	28	companies	company	NOUN
gp-301	66	29	publishing	publish	VERB
gp-301	66	30	complete	complete	ADJ
gp-301	66	31	and	and	CCONJ
gp-301	66	32	accessible	accessible	ADJ
gp-301	66	33	annual	annual	ADJ
gp-301	66	34	financial	financial	ADJ
gp-301	66	35	statements	statement	NOUN
gp-301	66	36	throughout	throughout	ADP
gp-301	66	37	the	the	DET
gp-301	66	38	period	period	NOUN
gp-301	66	39	;	;	PUNCT
gp-301	66	40	(	(	PUNCT
gp-301	66	41	3	3	X
gp-301	66	42	)	)	PUNCT
gp-301	66	43	companies	company	NOUN
gp-301	66	44	with	with	ADP
gp-301	66	45	complete	complete	ADJ
gp-301	66	46	roa	roa	PROPN
gp-301	66	47	,	,	PUNCT
gp-301	66	48	der	der	NOUN
gp-301	66	49	,	,	PUNCT
gp-301	66	50	and	and	CCONJ
gp-301	66	51	stock	stock	NOUN
gp-301	66	52	price	price	NOUN
gp-301	66	53	data	datum	NOUN
gp-301	66	54	for	for	ADP
gp-301	66	55	2020	2020	NUM
gp-301	66	56	-	-	SYM
gp-301	66	57	2024	2024	NUM
gp-301	66	58	;	;	PUNCT
gp-301	66	59	and	and	CCONJ
gp-301	66	60	(	(	PUNCT
gp-301	66	61	4	4	X
gp-301	66	62	)	)	PUNCT
gp-301	66	63	companies	company	NOUN
gp-301	66	64	that	that	PRON
gp-301	66	65	did	do	AUX
gp-301	66	66	not	not	PART
gp-301	66	67	delist	delist	VERB
gp-301	66	68	or	or	CCONJ
gp-301	66	69	merge	merge	VERB
gp-301	66	70	during	during	ADP
gp-301	66	71	the	the	DET
gp-301	66	72	observation	observation	NOUN
gp-301	66	73	period	period	NOUN
gp-301	66	74	.	.	PUNCT
gp-301	67	1	based	base	VERB
gp-301	67	2	on	on	ADP
gp-301	67	3	these	these	DET
gp-301	67	4	criteria	criterion	NOUN
gp-301	67	5	,	,	PUNCT
gp-301	67	6	13	13	NUM
gp-301	67	7	companies	company	NOUN
gp-301	67	8	were	be	AUX
gp-301	67	9	selected	select	VERB
gp-301	67	10	,	,	PUNCT
gp-301	67	11	resulting	result	VERB
gp-301	67	12	in	in	ADP
gp-301	67	13	65	65	NUM
gp-301	67	14	observations	observation	NOUN
gp-301	67	15	(	(	PUNCT
gp-301	67	16	13	13	NUM
gp-301	67	17	companies	company	NOUN
gp-301	67	18	×	×	VERB
gp-301	67	19	5	5	NUM
gp-301	67	20	years	year	NOUN
gp-301	67	21	)	)	PUNCT
gp-301	67	22	.	.	PUNCT
gp-301	68	1	the	the	DET
gp-301	68	2	study	study	NOUN
gp-301	68	3	used	use	VERB
gp-301	68	4	secondary	secondary	ADJ
gp-301	68	5	quantitative	quantitative	ADJ
gp-301	68	6	data	datum	NOUN
gp-301	68	7	from	from	ADP
gp-301	68	8	official	official	ADJ
gp-301	68	9	sources	source	NOUN
gp-301	68	10	:	:	PUNCT
gp-301	68	11	(	(	PUNCT
gp-301	68	12	1	1	X
gp-301	68	13	)	)	PUNCT
gp-301	68	14	financial	financial	ADJ
gp-301	68	15	statements	statement	NOUN
gp-301	68	16	of	of	ADP
gp-301	68	17	the	the	DET
gp-301	68	18	selected	select	VERB
gp-301	68	19	companies	company	NOUN
gp-301	68	20	to	to	PART
gp-301	68	21	obtain	obtain	VERB
gp-301	68	22	roa	roa	NOUN
gp-301	68	23	and	and	CCONJ
gp-301	68	24	der	der	ADJ
gp-301	68	25	data	datum	NOUN
gp-301	68	26	;	;	PUNCT
gp-301	68	27	(	(	PUNCT
gp-301	68	28	2	2	X
gp-301	68	29	)	)	PUNCT
gp-301	68	30	inflation	inflation	NOUN
gp-301	68	31	data	datum	NOUN
gp-301	68	32	from	from	ADP
gp-301	68	33	the	the	DET
gp-301	68	34	central	central	ADJ
gp-301	68	35	statistics	statistics	PROPN
gp-301	68	36	agency	agency	PROPN
gp-301	68	37	(	(	PUNCT
gp-301	68	38	bps	bps	NOUN
gp-301	68	39	)	)	PUNCT
gp-301	68	40	for	for	ADP
gp-301	68	41	2020	2020	NUM
gp-301	68	42	-	-	SYM
gp-301	68	43	2024	2024	NUM
gp-301	68	44	;	;	PUNCT
gp-301	68	45	and	and	CCONJ
gp-301	68	46	(	(	PUNCT
gp-301	68	47	3	3	X
gp-301	68	48	)	)	PUNCT
gp-301	68	49	stock	stock	NOUN
gp-301	68	50	price	price	NOUN
gp-301	68	51	data	datum	NOUN
gp-301	68	52	from	from	ADP
gp-301	68	53	the	the	DET
gp-301	68	54	idx	idx	PROPN
gp-301	68	55	’s	’s	PART
gp-301	68	56	official	official	ADJ
gp-301	68	57	website	website	NOUN
gp-301	68	58	and	and	CCONJ
gp-301	68	59	other	other	ADJ
gp-301	68	60	financial	financial	ADJ
gp-301	68	61	platforms	platform	NOUN
gp-301	68	62	.	.	PUNCT
gp-301	69	1	american	american	ADJ
gp-301	69	2	journal	journal	PROPN
gp-301	69	3	of	of	ADP
gp-301	69	4	economic	economic	ADJ
gp-301	69	5	and	and	CCONJ
gp-301	69	6	management	management	NOUN
gp-301	69	7	business	business	NOUN
gp-301	69	8	vol	vol	NOUN
gp-301	69	9	.	.	PROPN
gp-301	70	1	4	4	NUM
gp-301	70	2	no	no	NOUN
gp-301	70	3	.	.	NOUN
gp-301	70	4	8	8	NUM
gp-301	70	5	agustus	agustus	NOUN
gp-301	70	6	2025	2025	NUM
gp-301	70	7	1293	1293	NUM
gp-301	70	8	1	1	NUM
gp-301	70	9	)	)	PUNCT
gp-301	70	10	dependent	dependent	ADJ
gp-301	70	11	variable	variable	NOUN
gp-301	70	12	:	:	PUNCT
gp-301	70	13	stock	stock	NOUN
gp-301	70	14	price	price	NOUN
gp-301	70	15	(	(	PUNCT
gp-301	70	16	y	y	NOUN
gp-301	70	17	)	)	PUNCT
gp-301	70	18	is	be	AUX
gp-301	70	19	the	the	DET
gp-301	70	20	annual	annual	ADJ
gp-301	70	21	closing	closing	NOUN
gp-301	70	22	price	price	NOUN
gp-301	70	23	of	of	ADP
gp-301	70	24	a	a	DET
gp-301	70	25	company	company	NOUN
gp-301	70	26	's	's	PART
gp-301	70	27	shares	share	NOUN
gp-301	70	28	traded	trade	VERB
gp-301	70	29	on	on	ADP
gp-301	70	30	the	the	DET
gp-301	70	31	idx	idx	PROPN
gp-301	70	32	,	,	PUNCT
gp-301	70	33	measured	measure	VERB
gp-301	70	34	in	in	ADP
gp-301	70	35	rupiah	rupiah	NOUN
gp-301	70	36	units	unit	NOUN
gp-301	70	37	.	.	PUNCT
gp-301	71	1	2	2	X
gp-301	71	2	)	)	PUNCT
gp-301	71	3	independent	independent	ADJ
gp-301	71	4	variables	variable	NOUN
gp-301	71	5	:	:	PUNCT
gp-301	71	6	(	(	PUNCT
gp-301	71	7	1	1	X
gp-301	71	8	)	)	PUNCT
gp-301	71	9	return	return	NOUN
gp-301	71	10	on	on	ADP
gp-301	71	11	assets	asset	NOUN
gp-301	71	12	(	(	PUNCT
gp-301	71	13	roa	roa	NOUN
gp-301	71	14	)	)	PUNCT
gp-301	71	15	(	(	PUNCT
gp-301	71	16	x₁	x₁	PROPN
gp-301	71	17	)	)	PUNCT
gp-301	71	18	is	be	AUX
gp-301	71	19	a	a	DET
gp-301	71	20	profitability	profitability	NOUN
gp-301	71	21	ratio	ratio	NOUN
gp-301	71	22	that	that	PRON
gp-301	71	23	measures	measure	VERB
gp-301	71	24	the	the	DET
gp-301	71	25	company	company	NOUN
gp-301	71	26	's	's	PART
gp-301	71	27	ability	ability	NOUN
gp-301	71	28	to	to	PART
gp-301	71	29	generate	generate	VERB
gp-301	71	30	profit	profit	NOUN
gp-301	71	31	from	from	ADP
gp-301	71	32	the	the	DET
gp-301	71	33	total	total	ADJ
gp-301	71	34	assets	asset	NOUN
gp-301	71	35	it	it	PRON
gp-301	71	36	owns	own	VERB
gp-301	71	37	,	,	PUNCT
gp-301	71	38	calculated	calculate	VERB
gp-301	71	39	by	by	ADP
gp-301	71	40	the	the	DET
gp-301	71	41	formula	formula	NOUN
gp-301	71	42	:	:	PUNCT
gp-301	71	43	roa	roa	PROPN
gp-301	71	44	=	=	SYM
gp-301	71	45	(	(	PUNCT
gp-301	71	46	net	net	ADJ
gp-301	71	47	profit	profit	NOUN
gp-301	71	48	/	/	SYM
gp-301	71	49	total	total	ADJ
gp-301	71	50	assets	asset	NOUN
gp-301	71	51	)	)	PUNCT
gp-301	71	52	×	×	NOUN
gp-301	71	53	100	100	NUM
gp-301	71	54	%	%	NOUN
gp-301	71	55	;	;	PUNCT
gp-301	71	56	(	(	PUNCT
gp-301	71	57	2	2	X
gp-301	71	58	)	)	PUNCT
gp-301	71	59	debt	debt	NOUN
gp-301	71	60	to	to	ADP
gp-301	71	61	equity	equity	NOUN
gp-301	71	62	ratio	ratio	NOUN
gp-301	71	63	(	(	PUNCT
gp-301	71	64	der	der	NOUN
gp-301	71	65	)	)	PUNCT
gp-301	71	66	(	(	PUNCT
gp-301	71	67	x₂	x₂	NOUN
gp-301	71	68	)	)	PUNCT
gp-301	71	69	is	be	AUX
gp-301	71	70	a	a	DET
gp-301	71	71	leverage	leverage	NOUN
gp-301	71	72	ratio	ratio	NOUN
gp-301	71	73	that	that	PRON
gp-301	71	74	measures	measure	VERB
gp-301	71	75	the	the	DET
gp-301	71	76	proportion	proportion	NOUN
gp-301	71	77	of	of	ADP
gp-301	71	78	a	a	DET
gp-301	71	79	company	company	NOUN
gp-301	71	80	's	's	PART
gp-301	71	81	financing	financing	NOUN
gp-301	71	82	derived	derive	VERB
gp-301	71	83	from	from	ADP
gp-301	71	84	debt	debt	NOUN
gp-301	71	85	compared	compare	VERB
gp-301	71	86	to	to	ADP
gp-301	71	87	equity	equity	NOUN
gp-301	71	88	,	,	PUNCT
gp-301	71	89	calculated	calculate	VERB
gp-301	71	90	by	by	ADP
gp-301	71	91	the	the	DET
gp-301	71	92	formula	formula	NOUN
gp-301	71	93	:	:	PUNCT
gp-301	71	94	der	der	NOUN
gp-301	71	95	=	=	PRON
gp-301	71	96	(	(	PUNCT
gp-301	71	97	total	total	ADJ
gp-301	71	98	debt	debt	NOUN
gp-301	71	99	/	/	SYM
gp-301	71	100	total	total	NOUN
gp-301	71	101	equity	equity	NOUN
gp-301	71	102	)	)	PUNCT
gp-301	71	103	×	×	NOUN
gp-301	71	104	100	100	NUM
gp-301	71	105	%	%	NOUN
gp-301	71	106	;	;	PUNCT
gp-301	71	107	(	(	PUNCT
gp-301	71	108	3	3	X
gp-301	71	109	)	)	PUNCT
gp-301	71	110	inflation	inflation	NOUN
gp-301	71	111	(	(	PUNCT
gp-301	71	112	x₃	x₃	PROPN
gp-301	71	113	)	)	PUNCT
gp-301	71	114	is	be	AUX
gp-301	71	115	the	the	DET
gp-301	71	116	rate	rate	NOUN
gp-301	71	117	at	at	ADP
gp-301	71	118	which	which	PRON
gp-301	71	119	the	the	DET
gp-301	71	120	general	general	ADJ
gp-301	71	121	price	price	NOUN
gp-301	71	122	of	of	ADP
gp-301	71	123	goods	good	NOUN
gp-301	71	124	and	and	CCONJ
gp-301	71	125	services	service	NOUN
gp-301	71	126	in	in	ADP
gp-301	71	127	the	the	DET
gp-301	71	128	economy	economy	NOUN
gp-301	71	129	increases	increase	NOUN
gp-301	71	130	,	,	PUNCT
gp-301	71	131	measured	measure	VERB
gp-301	71	132	based	base	VERB
gp-301	71	133	on	on	ADP
gp-301	71	134	annual	annual	ADJ
gp-301	71	135	inflation	inflation	NOUN
gp-301	71	136	data	datum	NOUN
gp-301	71	137	released	release	VERB
gp-301	71	138	by	by	ADP
gp-301	71	139	bps	bps	NOUN
gp-301	71	140	,	,	PUNCT
gp-301	71	141	expressed	express	VERB
gp-301	71	142	as	as	ADP
gp-301	71	143	a	a	DET
gp-301	71	144	percentage	percentage	NOUN
gp-301	71	145	.	.	PUNCT
gp-301	72	1	data	datum	NOUN
gp-301	72	2	collection	collection	NOUN
gp-301	72	3	is	be	AUX
gp-301	72	4	carried	carry	VERB
gp-301	72	5	out	out	ADP
gp-301	72	6	through	through	ADP
gp-301	72	7	:	:	PUNCT
gp-301	72	8	(	(	PUNCT
gp-301	72	9	1	1	X
gp-301	72	10	)	)	PUNCT
gp-301	72	11	documentation	documentation	NOUN
gp-301	72	12	study	study	NOUN
gp-301	72	13	,	,	PUNCT
gp-301	72	14	which	which	PRON
gp-301	72	15	is	be	AUX
gp-301	72	16	a	a	DET
gp-301	72	17	data	data	NOUN
gp-301	72	18	collection	collection	NOUN
gp-301	72	19	technique	technique	NOUN
gp-301	72	20	by	by	ADP
gp-301	72	21	accessing	access	VERB
gp-301	72	22	and	and	CCONJ
gp-301	72	23	recording	record	VERB
gp-301	72	24	historical	historical	ADJ
gp-301	72	25	data	datum	NOUN
gp-301	72	26	from	from	ADP
gp-301	72	27	the	the	DET
gp-301	72	28	company	company	NOUN
gp-301	72	29	's	's	PART
gp-301	72	30	financial	financial	ADJ
gp-301	72	31	statements	statement	NOUN
gp-301	72	32	,	,	PUNCT
gp-301	72	33	stock	stock	NOUN
gp-301	72	34	price	price	NOUN
gp-301	72	35	data	datum	NOUN
gp-301	72	36	from	from	ADP
gp-301	72	37	the	the	DET
gp-301	72	38	idx	idx	NOUN
gp-301	72	39	,	,	PUNCT
gp-301	72	40	and	and	CCONJ
gp-301	72	41	inflation	inflation	NOUN
gp-301	72	42	data	datum	NOUN
gp-301	72	43	from	from	ADP
gp-301	72	44	bps	bps	NOUN
gp-301	72	45	;	;	PUNCT
gp-301	72	46	(	(	PUNCT
gp-301	72	47	2	2	X
gp-301	72	48	)	)	PUNCT
gp-301	72	49	literature	literature	NOUN
gp-301	72	50	studies	study	NOUN
gp-301	72	51	,	,	PUNCT
gp-301	72	52	which	which	PRON
gp-301	72	53	is	be	AUX
gp-301	72	54	collecting	collect	VERB
gp-301	72	55	theories	theory	NOUN
gp-301	72	56	and	and	CCONJ
gp-301	72	57	scientific	scientific	ADJ
gp-301	72	58	references	reference	NOUN
gp-301	72	59	from	from	ADP
gp-301	72	60	books	book	NOUN
gp-301	72	61	,	,	PUNCT
gp-301	72	62	journals	journal	NOUN
gp-301	72	63	,	,	PUNCT
gp-301	72	64	articles	article	NOUN
gp-301	72	65	,	,	PUNCT
gp-301	72	66	and	and	CCONJ
gp-301	72	67	other	other	ADJ
gp-301	72	68	publications	publication	NOUN
gp-301	72	69	related	relate	VERB
gp-301	72	70	to	to	ADP
gp-301	72	71	research	research	NOUN
gp-301	72	72	variables	variable	NOUN
gp-301	72	73	.	.	PUNCT
gp-301	73	1	the	the	DET
gp-301	73	2	data	data	NOUN
gp-301	73	3	analysis	analysis	NOUN
gp-301	73	4	used	use	VERB
gp-301	73	5	the	the	DET
gp-301	73	6	panel	panel	NOUN
gp-301	73	7	data	datum	NOUN
gp-301	73	8	regression	regression	NOUN
gp-301	73	9	method	method	NOUN
gp-301	73	10	with	with	ADP
gp-301	73	11	the	the	DET
gp-301	73	12	help	help	NOUN
gp-301	73	13	of	of	ADP
gp-301	73	14	eviews	eviews	PROPN
gp-301	73	15	12.0	12.0	NUM
gp-301	73	16	software	software	NOUN
gp-301	73	17	.	.	PUNCT
gp-301	74	1	the	the	DET
gp-301	74	2	stages	stage	NOUN
gp-301	74	3	of	of	ADP
gp-301	74	4	analysis	analysis	NOUN
gp-301	74	5	include	include	VERB
gp-301	74	6	:	:	PUNCT
gp-301	74	7	1	1	X
gp-301	74	8	.	.	X
gp-301	74	9	descriptive	descriptive	ADJ
gp-301	74	10	statistical	statistical	ADJ
gp-301	74	11	analysis	analysis	NOUN
gp-301	74	12	provides	provide	VERB
gp-301	74	13	an	an	DET
gp-301	74	14	overview	overview	NOUN
gp-301	74	15	of	of	ADP
gp-301	74	16	the	the	DET
gp-301	74	17	characteristics	characteristic	NOUN
gp-301	74	18	of	of	ADP
gp-301	74	19	the	the	DET
gp-301	74	20	data	datum	NOUN
gp-301	74	21	through	through	ADP
gp-301	74	22	the	the	DET
gp-301	74	23	minimum	minimum	ADJ
gp-301	74	24	,	,	PUNCT
gp-301	74	25	maximum	maximum	ADJ
gp-301	74	26	,	,	PUNCT
gp-301	74	27	average	average	ADJ
gp-301	74	28	,	,	PUNCT
gp-301	74	29	and	and	CCONJ
gp-301	74	30	standard	standard	ADJ
gp-301	74	31	deviation	deviation	NOUN
gp-301	74	32	values	value	NOUN
gp-301	74	33	of	of	ADP
gp-301	74	34	each	each	DET
gp-301	74	35	variable	variable	NOUN
gp-301	74	36	.	.	PUNCT
gp-301	75	1	2	2	X
gp-301	75	2	.	.	X
gp-301	75	3	classical	classical	ADJ
gp-301	75	4	assumption	assumption	NOUN
gp-301	75	5	test	test	NOUN
gp-301	75	6	a.	a.	NOUN
gp-301	75	7	normality	normality	NOUN
gp-301	75	8	test	test	NOUN
gp-301	75	9	using	use	VERB
gp-301	75	10	the	the	DET
gp-301	75	11	jarque	jarque	NOUN
gp-301	75	12	-	-	PUNCT
gp-301	75	13	bera	bera	NOUN
gp-301	75	14	method	method	NOUN
gp-301	75	15	to	to	PART
gp-301	75	16	ensure	ensure	VERB
gp-301	75	17	normal	normal	ADJ
gp-301	75	18	distributed	distribute	VERB
gp-301	75	19	data	datum	NOUN
gp-301	75	20	b.	b.	PROPN
gp-301	75	21	multicollinearity	multicollinearity	NOUN
gp-301	75	22	test	test	NOUN
gp-301	75	23	through	through	ADP
gp-301	75	24	a	a	DET
gp-301	75	25	correlation	correlation	NOUN
gp-301	75	26	matrix	matrix	NOUN
gp-301	75	27	to	to	PART
gp-301	75	28	detect	detect	VERB
gp-301	75	29	correlations	correlation	NOUN
gp-301	75	30	between	between	ADP
gp-301	75	31	independent	independent	ADJ
gp-301	75	32	variables	variables	PROPN
gp-301	75	33	c.	c.	PROPN
gp-301	75	34	heteroscedasticity	heteroscedasticity	PROPN
gp-301	75	35	test	test	NOUN
gp-301	75	36	using	use	VERB
gp-301	75	37	the	the	DET
gp-301	75	38	glejser	glejser	NOUN
gp-301	75	39	test	test	NOUN
gp-301	75	40	to	to	PART
gp-301	75	41	detect	detect	VERB
gp-301	75	42	variance	variance	NOUN
gp-301	75	43	inequality	inequality	PROPN
gp-301	75	44	d.	d.	PROPN
gp-301	75	45	autocorrelation	autocorrelation	PROPN
gp-301	75	46	test	test	NOUN
gp-301	75	47	using	use	VERB
gp-301	75	48	the	the	DET
gp-301	75	49	durbin	durbin	ADJ
gp-301	75	50	-	-	PUNCT
gp-301	75	51	watson	watson	NOUN
gp-301	75	52	test	test	NOUN
gp-301	75	53	to	to	PART
gp-301	75	54	detect	detect	VERB
gp-301	75	55	serial	serial	ADJ
gp-301	75	56	correlation	correlation	NOUN
gp-301	75	57	3	3	NUM
gp-301	75	58	.	.	PUNCT
gp-301	75	59	panel	panel	NOUN
gp-301	75	60	data	data	PROPN
gp-301	75	61	model	model	PROPN
gp-301	75	62	selection	selection	PROPN
gp-301	75	63	a.	a.	PROPN
gp-301	75	64	chow	chow	PROPN
gp-301	75	65	test	test	NOUN
gp-301	75	66	to	to	PART
gp-301	75	67	choose	choose	VERB
gp-301	75	68	between	between	ADP
gp-301	75	69	common	common	ADJ
gp-301	75	70	effect	effect	NOUN
gp-301	75	71	and	and	CCONJ
gp-301	75	72	fixed	fix	VERB
gp-301	75	73	effect	effect	NOUN
gp-301	75	74	b.	b.	PROPN
gp-301	75	75	hausman	hausman	PROPN
gp-301	75	76	test	test	PROPN
gp-301	75	77	to	to	PART
gp-301	75	78	choose	choose	VERB
gp-301	75	79	between	between	ADP
gp-301	75	80	fixed	fix	VERB
gp-301	75	81	effect	effect	NOUN
gp-301	75	82	and	and	CCONJ
gp-301	75	83	random	random	ADJ
gp-301	75	84	effectc	effectc	NOUN
gp-301	75	85	.	.	PUNCT
gp-301	76	1	test	test	VERB
gp-301	76	2	the	the	DET
gp-301	76	3	lagrange	lagrange	NOUN
gp-301	76	4	multiplier	multiplier	ADV
gp-301	76	5	to	to	PART
gp-301	76	6	choose	choose	VERB
gp-301	76	7	between	between	ADP
gp-301	76	8	common	common	ADJ
gp-301	76	9	effect	effect	NOUN
gp-301	76	10	and	and	CCONJ
gp-301	76	11	random	random	ADJ
gp-301	76	12	effect	effect	NOUN
gp-301	76	13	4	4	NUM
gp-301	76	14	.	.	PUNCT
gp-301	77	1	data	datum	NOUN
gp-301	77	2	regression	regression	PROPN
gp-301	77	3	analysis	analysis	NOUN
gp-301	77	4	panel	panel	NOUN
gp-301	77	5	regression	regression	NOUN
gp-301	77	6	equation	equation	NOUN
gp-301	77	7	model	model	NOUN
gp-301	77	8	used	use	VERB
gp-301	77	9	:	:	PUNCT
gp-301	77	10	y	y	PROPN
gp-301	77	11	=	=	SYM
gp-301	77	12	β₀	β₀	PROPN
gp-301	77	13	+	+	X
gp-301	77	14	β₁x₁ij	β₁x₁ij	PUNCT
gp-301	77	15	+	+	CCONJ
gp-301	77	16	β₂x₂ij	β₂x₂ij	X
gp-301	77	17	+	+	PUNCT
gp-301	77	18	β₃x₃ij	β₃x₃ij	PUNCT
gp-301	78	1	+	+	CCONJ
gp-301	78	2	εi	εi	VERB
gp-301	78	3	where	where	SCONJ
gp-301	78	4	:	:	PUNCT
gp-301	78	5	a.	a.	NOUN
gp-301	78	6	y	y	PROPN
gp-301	78	7	=	=	PUNCT
gp-301	78	8	stock	stock	NOUN
gp-301	78	9	price	price	PROPN
gp-301	78	10	b.	b.	PROPN
gp-301	78	11	x₁	x₁	PROPN
gp-301	78	12	=	=	PUNCT
gp-301	78	13	return	return	NOUN
gp-301	78	14	on	on	ADP
gp-301	78	15	assets	asset	NOUN
gp-301	78	16	c.	c.	PROPN
gp-301	78	17	x₂	x₂	PROPN
gp-301	78	18	=	=	PUNCT
gp-301	78	19	debt	debt	NOUN
gp-301	78	20	to	to	ADP
gp-301	78	21	equity	equity	NOUN
gp-301	78	22	ratio	ratio	PROPN
gp-301	78	23	d.	d.	PROPN
gp-301	78	24	x₃	x₃	PROPN
gp-301	79	1	=	=	PUNCT
gp-301	79	2	inflation	inflation	NOUN
gp-301	79	3	e.	e.	PROPN
gp-301	79	4	β₀	β₀	PROPN
gp-301	80	1	=	=	PUNCT
gp-301	80	2	constant	constant	ADJ
gp-301	80	3	f.	f.	PROPN
gp-301	80	4	βi	βi	PROPN
gp-301	81	1	=	=	PUNCT
gp-301	81	2	regression	regression	NOUN
gp-301	81	3	coefficient	coefficient	NOUN
gp-301	81	4	g.	g.	NOUN
gp-301	81	5	εi	εi	NOUN
gp-301	81	6	=	=	NOUN
gp-301	81	7	error	error	NOUN
gp-301	81	8	term	term	NOUN
gp-301	81	9	5	5	NUM
gp-301	81	10	.	.	PUNCT
gp-301	81	11	hypothesis	hypothesis	NOUN
gp-301	81	12	test	test	NOUN
gp-301	81	13	a.	a.	NOUN
gp-301	81	14	partial	partial	ADJ
gp-301	81	15	test	test	NOUN
gp-301	81	16	(	(	PUNCT
gp-301	81	17	t	t	NOUN
gp-301	81	18	-	-	PUNCT
gp-301	81	19	test	test	NOUN
gp-301	81	20	)	)	PUNCT
gp-301	81	21	to	to	PART
gp-301	81	22	test	test	VERB
gp-301	81	23	the	the	DET
gp-301	81	24	influence	influence	NOUN
gp-301	81	25	of	of	ADP
gp-301	81	26	each	each	DET
gp-301	81	27	independent	independent	ADJ
gp-301	81	28	variable	variable	NOUN
gp-301	81	29	on	on	ADP
gp-301	81	30	the	the	DET
gp-301	81	31	dependent	dependent	ADJ
gp-301	81	32	variable	variable	PROPN
gp-301	81	33	b.	b.	PROPN
gp-301	81	34	simultaneous	simultaneous	ADJ
gp-301	81	35	test	test	NOUN
gp-301	81	36	(	(	PUNCT
gp-301	81	37	f	f	NOUN
gp-301	81	38	test	test	NOUN
gp-301	81	39	)	)	PUNCT
gp-301	81	40	to	to	PART
gp-301	81	41	test	test	VERB
gp-301	81	42	the	the	DET
gp-301	81	43	influence	influence	NOUN
gp-301	81	44	of	of	ADP
gp-301	81	45	all	all	DET
gp-301	81	46	independent	independent	ADJ
gp-301	81	47	variables	variable	NOUN
gp-301	81	48	together	together	ADV
gp-301	81	49	on	on	ADP
gp-301	81	50	the	the	DET
gp-301	81	51	dependent	dependent	ADJ
gp-301	81	52	variable	variable	ADJ
gp-301	81	53	c.	c.	PROPN
gp-301	81	54	determination	determination	PROPN
gp-301	81	55	coefficient	coefficient	PROPN
gp-301	81	56	test	test	NOUN
gp-301	81	57	(	(	PUNCT
gp-301	81	58	r²	r²	PROPN
gp-301	81	59	)	)	PUNCT
gp-301	81	60	to	to	PART
gp-301	81	61	measure	measure	VERB
gp-301	81	62	the	the	DET
gp-301	81	63	model	model	NOUN
gp-301	81	64	's	's	PART
gp-301	81	65	ability	ability	NOUN
gp-301	81	66	to	to	PART
gp-301	81	67	explain	explain	VERB
gp-301	81	68	the	the	DET
gp-301	81	69	variation	variation	NOUN
gp-301	81	70	of	of	ADP
gp-301	81	71	dependent	dependent	ADJ
gp-301	81	72	variables	variable	NOUN
gp-301	81	73	the	the	DET
gp-301	81	74	hypothesis	hypothesis	NOUN
gp-301	81	75	testing	testing	NOUN
gp-301	81	76	criteria	criterion	NOUN
gp-301	81	77	used	use	VERB
gp-301	81	78	a	a	DET
gp-301	81	79	significance	significance	NOUN
gp-301	81	80	level	level	NOUN
gp-301	81	81	of	of	ADP
gp-301	81	82	α	α	NOUN
gp-301	81	83	=	=	NOUN
gp-301	81	84	0.05	0.05	NUM
gp-301	81	85	,	,	PUNCT
gp-301	81	86	where	where	SCONJ
gp-301	81	87	h₀	h₀	NOUN
gp-301	81	88	is	be	AUX
gp-301	81	89	rejected	reject	VERB
gp-301	81	90	if	if	SCONJ
gp-301	81	91	the	the	DET
gp-301	81	92	p	p	NOUN
gp-301	81	93	-	-	PUNCT
gp-301	81	94	value	value	NOUN
gp-301	81	95	<	<	X
gp-301	81	96	0.05	0.05	NUM
gp-301	81	97	.	.	PUNCT
gp-301	82	1	american	american	ADJ
gp-301	82	2	journal	journal	PROPN
gp-301	82	3	of	of	ADP
gp-301	82	4	economic	economic	ADJ
gp-301	82	5	and	and	CCONJ
gp-301	82	6	management	management	NOUN
gp-301	82	7	business	business	NOUN
gp-301	82	8	vol	vol	NOUN
gp-301	82	9	.	.	PROPN
gp-301	83	1	4	4	NUM
gp-301	83	2	no	no	NOUN
gp-301	83	3	.	.	NOUN
gp-301	83	4	8	8	NUM
gp-301	83	5	agustus	agustus	NOUN
gp-301	83	6	2025	2025	NUM
gp-301	83	7	1294	1294	NUM
gp-301	83	8	results	result	NOUN
gp-301	83	9	and	and	CCONJ
gp-301	83	10	discussion	discussion	NOUN
gp-301	83	11	description	description	NOUN
gp-301	83	12	of	of	ADP
gp-301	83	13	research	research	NOUN
gp-301	83	14	data	datum	NOUN
gp-301	83	15	this	this	DET
gp-301	83	16	study	study	NOUN
gp-301	83	17	uses	use	VERB
gp-301	83	18	65	65	NUM
gp-301	83	19	observations	observation	NOUN
gp-301	83	20	obtained	obtain	VERB
gp-301	83	21	from	from	ADP
gp-301	83	22	13	13	NUM
gp-301	83	23	automotive	automotive	ADJ
gp-301	83	24	and	and	CCONJ
gp-301	83	25	component	component	NOUN
gp-301	83	26	industry	industry	NOUN
gp-301	83	27	companies	company	NOUN
gp-301	83	28	listed	list	VERB
gp-301	83	29	on	on	ADP
gp-301	83	30	the	the	DET
gp-301	83	31	idx	idx	NOUN
gp-301	83	32	during	during	ADP
gp-301	83	33	the	the	DET
gp-301	83	34	2020	2020	NUM
gp-301	83	35	-	-	SYM
gp-301	83	36	2024	2024	NUM
gp-301	83	37	period	period	NOUN
gp-301	83	38	.	.	PUNCT
gp-301	84	1	these	these	DET
gp-301	84	2	companies	company	NOUN
gp-301	84	3	are	be	AUX
gp-301	84	4	asii	asii	ADJ
gp-301	84	5	,	,	PUNCT
gp-301	84	6	auto	auto	NOUN
gp-301	84	7	,	,	PUNCT
gp-301	84	8	smsm	smsm	NOUN
gp-301	84	9	,	,	PUNCT
gp-301	84	10	imas	ima	NOUN
gp-301	84	11	,	,	PUNCT
gp-301	84	12	mpmx	mpmx	NOUN
gp-301	84	13	,	,	PUNCT
gp-301	84	14	gjtl	gjtl	NOUN
gp-301	84	15	,	,	PUNCT
gp-301	84	16	boga	boga	NOUN
gp-301	84	17	,	,	PUNCT
gp-301	84	18	bram	bram	PROPN
gp-301	84	19	,	,	PUNCT
gp-301	84	20	bolt	bolt	NOUN
gp-301	84	21	,	,	PUNCT
gp-301	84	22	inds	ind	NOUN
gp-301	84	23	,	,	PUNCT
gp-301	84	24	cars	car	NOUN
gp-301	84	25	,	,	PUNCT
gp-301	84	26	gdyr	gdyr	NOUN
gp-301	84	27	,	,	PUNCT
gp-301	84	28	and	and	CCONJ
gp-301	84	29	lpin	lpin	NOUN
gp-301	84	30	.	.	PUNCT
gp-301	85	1	the	the	DET
gp-301	85	2	research	research	NOUN
gp-301	85	3	data	datum	NOUN
gp-301	85	4	included	include	VERB
gp-301	85	5	the	the	DET
gp-301	85	6	variables	variable	NOUN
gp-301	85	7	return	return	VERB
gp-301	85	8	on	on	ADP
gp-301	85	9	assets	asset	NOUN
gp-301	85	10	(	(	PUNCT
gp-301	85	11	roa	roa	NOUN
gp-301	85	12	)	)	PUNCT
gp-301	85	13	,	,	PUNCT
gp-301	85	14	debt	debt	NOUN
gp-301	85	15	to	to	ADP
gp-301	85	16	equity	equity	NOUN
gp-301	85	17	ratio	ratio	NOUN
gp-301	85	18	(	(	PUNCT
gp-301	85	19	der	der	NOUN
gp-301	85	20	)	)	PUNCT
gp-301	85	21	,	,	PUNCT
gp-301	85	22	inflation	inflation	NOUN
gp-301	85	23	,	,	PUNCT
gp-301	85	24	and	and	CCONJ
gp-301	85	25	stock	stock	NOUN
gp-301	85	26	prices	price	NOUN
gp-301	85	27	for	for	ADP
gp-301	85	28	each	each	DET
gp-301	85	29	company	company	NOUN
gp-301	85	30	during	during	ADP
gp-301	85	31	the	the	DET
gp-301	85	32	study	study	NOUN
gp-301	85	33	period	period	NOUN
gp-301	85	34	.	.	PUNCT
gp-301	86	1	table	table	NOUN
gp-301	86	2	1	1	NUM
gp-301	86	3	.	.	PUNCT
gp-301	86	4	descriptive	descriptive	ADJ
gp-301	86	5	statistics	statistic	NOUN
gp-301	86	6	of	of	ADP
gp-301	86	7	research	research	NOUN
gp-301	86	8	variables	variable	NOUN
gp-301	86	9	variabel	variabel	NOUN
gp-301	86	10	mean	mean	VERB
gp-301	86	11	hours	hour	NOUN
gp-301	86	12	of	of	ADP
gp-301	86	13	deviation	deviation	NOUN
gp-301	86	14	minimum	minimum	ADJ
gp-301	86	15	maximum	maximum	ADJ
gp-301	86	16	length	length	NOUN
gp-301	86	17	(	(	PUNCT
gp-301	86	18	%	%	INTJ
gp-301	86	19	)	)	PUNCT
gp-301	86	20	4.257	4.257	NUM
gp-301	86	21	2.489	2.489	NUM
gp-301	86	22	-8.210	-8.210	NUM
gp-301	86	23	17.990	17.990	NUM
gp-301	86	24	der	der	NOUN
gp-301	86	25	(	(	PUNCT
gp-301	86	26	%	%	NOUN
gp-301	86	27	)	)	PUNCT
gp-301	86	28	35.600	35.600	NUM
gp-301	86	29	4.450	4.450	NUM
gp-301	86	30	0.000	0.000	NUM
gp-301	86	31	699.000	699.000	NUM
gp-301	86	32	inflation	inflation	NOUN
gp-301	86	33	(	(	PUNCT
gp-301	86	34	%	%	INTJ
gp-301	86	35	)	)	PUNCT
gp-301	86	36	2.648	2.648	NUM
gp-301	86	37	1.651	1.651	NUM
gp-301	86	38	1.570	1.570	NUM
gp-301	86	39	5.510	5.510	NUM
gp-301	86	40	stock	stock	NOUN
gp-301	86	41	price	price	NOUN
gp-301	86	42	(	(	PUNCT
gp-301	86	43	rp	rp	NOUN
gp-301	86	44	)	)	PUNCT
gp-301	86	45	1.425.81	1.425.81	NUM
gp-301	86	46	626.39	626.39	NUM
gp-301	86	47	50.00	50.00	NUM
gp-301	86	48	10.346.42	10.346.42	NUM
gp-301	86	49	source	source	NOUN
gp-301	86	50	:	:	PUNCT
gp-301	86	51	secondary	secondary	ADJ
gp-301	86	52	data	datum	NOUN
gp-301	86	53	is	be	AUX
gp-301	86	54	processed	process	VERB
gp-301	86	55	with	with	ADP
gp-301	86	56	eviews	eviews	PROPN
gp-301	86	57	12	12	NUM
gp-301	86	58	descriptive	descriptive	ADJ
gp-301	86	59	statistical	statistical	ADJ
gp-301	86	60	analysis	analysis	NOUN
gp-301	86	61	the	the	DET
gp-301	86	62	return	return	NOUN
gp-301	86	63	on	on	ADP
gp-301	86	64	assets	asset	NOUN
gp-301	86	65	(	(	PUNCT
gp-301	86	66	roa	roa	NOUN
gp-301	86	67	)	)	PUNCT
gp-301	86	68	shows	show	VERB
gp-301	86	69	an	an	DET
gp-301	86	70	average	average	NOUN
gp-301	86	71	of	of	ADP
gp-301	86	72	4,257	4,257	NUM
gp-301	86	73	%	%	NOUN
gp-301	86	74	with	with	ADP
gp-301	86	75	a	a	DET
gp-301	86	76	standard	standard	ADJ
gp-301	86	77	deviation	deviation	NOUN
gp-301	86	78	of	of	ADP
gp-301	86	79	2,489	2,489	NUM
gp-301	86	80	%	%	NOUN
gp-301	86	81	,	,	PUNCT
gp-301	86	82	indicating	indicate	VERB
gp-301	86	83	considerable	considerable	ADJ
gp-301	86	84	variation	variation	NOUN
gp-301	86	85	between	between	ADP
gp-301	86	86	companies	company	NOUN
gp-301	86	87	in	in	ADP
gp-301	86	88	terms	term	NOUN
gp-301	86	89	of	of	ADP
gp-301	86	90	asset	asset	NOUN
gp-301	86	91	profitability	profitability	NOUN
gp-301	86	92	.	.	PUNCT
gp-301	87	1	the	the	DET
gp-301	87	2	company	company	NOUN
gp-301	87	3	with	with	ADP
gp-301	87	4	the	the	DET
gp-301	87	5	highest	high	ADJ
gp-301	87	6	roa	roa	NOUN
gp-301	87	7	was	be	AUX
gp-301	87	8	smsm	smsm	NOUN
gp-301	87	9	with	with	ADP
gp-301	87	10	an	an	DET
gp-301	87	11	average	average	NOUN
gp-301	87	12	of	of	ADP
gp-301	87	13	16.226	16.226	NUM
gp-301	87	14	%	%	NOUN
gp-301	87	15	,	,	PUNCT
gp-301	87	16	while	while	SCONJ
gp-301	87	17	cars	car	NOUN
gp-301	87	18	recorded	record	VERB
gp-301	87	19	the	the	DET
gp-301	87	20	lowest	low	ADJ
gp-301	87	21	roa	roa	NOUN
gp-301	87	22	with	with	ADP
gp-301	87	23	an	an	DET
gp-301	87	24	average	average	NOUN
gp-301	87	25	of	of	ADP
gp-301	87	26	0.450	0.450	NUM
gp-301	87	27	%	%	NOUN
gp-301	87	28	.	.	PUNCT
gp-301	88	1	this	this	DET
gp-301	88	2	variation	variation	NOUN
gp-301	88	3	reflects	reflect	VERB
gp-301	88	4	differences	difference	NOUN
gp-301	88	5	in	in	ADP
gp-301	88	6	efficiency	efficiency	NOUN
gp-301	88	7	in	in	ADP
gp-301	88	8	asset	asset	NOUN
gp-301	88	9	management	management	NOUN
gp-301	88	10	among	among	ADP
gp-301	88	11	the	the	DET
gp-301	88	12	companies	company	NOUN
gp-301	88	13	in	in	ADP
gp-301	88	14	the	the	DET
gp-301	88	15	sample	sample	NOUN
gp-301	88	16	.	.	PUNCT
gp-301	89	1	the	the	DET
gp-301	89	2	debt	debt	NOUN
gp-301	89	3	to	to	ADP
gp-301	89	4	equity	equity	NOUN
gp-301	89	5	ratio	ratio	NOUN
gp-301	89	6	(	(	PUNCT
gp-301	89	7	der	der	NOUN
gp-301	89	8	)	)	PUNCT
gp-301	89	9	shows	show	VERB
gp-301	89	10	a	a	DET
gp-301	89	11	very	very	ADV
gp-301	89	12	significant	significant	ADJ
gp-301	89	13	variation	variation	NOUN
gp-301	89	14	with	with	ADP
gp-301	89	15	an	an	DET
gp-301	89	16	average	average	NOUN
gp-301	89	17	of	of	ADP
gp-301	89	18	35,600	35,600	NUM
gp-301	89	19	%	%	NOUN
gp-301	89	20	and	and	CCONJ
gp-301	89	21	a	a	DET
gp-301	89	22	standard	standard	ADJ
gp-301	89	23	deviation	deviation	NOUN
gp-301	89	24	of	of	ADP
gp-301	89	25	4,450	4,450	NUM
gp-301	89	26	%	%	NOUN
gp-301	89	27	.	.	PUNCT
gp-301	90	1	imas	ima	NOUN
gp-301	90	2	recorded	record	VERB
gp-301	90	3	the	the	DET
gp-301	90	4	highest	high	ADJ
gp-301	90	5	der	der	NOUN
gp-301	90	6	with	with	ADP
gp-301	90	7	an	an	DET
gp-301	90	8	average	average	NOUN
gp-301	90	9	of	of	ADP
gp-301	90	10	257,600	257,600	NUM
gp-301	90	11	%	%	NOUN
gp-301	90	12	,	,	PUNCT
gp-301	90	13	indicating	indicate	VERB
gp-301	90	14	a	a	DET
gp-301	90	15	very	very	ADV
gp-301	90	16	high	high	ADJ
gp-301	90	17	dependence	dependence	NOUN
gp-301	90	18	on	on	ADP
gp-301	90	19	debt	debt	NOUN
gp-301	90	20	financing	financing	NOUN
gp-301	90	21	.	.	PUNCT
gp-301	91	1	in	in	ADP
gp-301	91	2	contrast	contrast	NOUN
gp-301	91	3	,	,	PUNCT
gp-301	91	4	lpins	lpin	NOUN
gp-301	91	5	have	have	VERB
gp-301	91	6	a	a	DET
gp-301	91	7	der	der	NOUN
gp-301	91	8	of	of	ADP
gp-301	91	9	0	0	NUM
gp-301	91	10	%	%	NOUN
gp-301	91	11	,	,	PUNCT
gp-301	91	12	indicating	indicate	VERB
gp-301	91	13	a	a	DET
gp-301	91	14	funding	funding	NOUN
gp-301	91	15	structure	structure	NOUN
gp-301	91	16	that	that	PRON
gp-301	91	17	relies	rely	VERB
gp-301	91	18	entirely	entirely	ADV
gp-301	91	19	on	on	ADP
gp-301	91	20	equity	equity	NOUN
gp-301	91	21	.	.	PUNCT
gp-301	92	1	inflation	inflation	NOUN
gp-301	92	2	shows	show	VERB
gp-301	92	3	data	datum	NOUN
gp-301	92	4	consistency	consistency	NOUN
gp-301	92	5	with	with	ADP
gp-301	92	6	an	an	DET
gp-301	92	7	average	average	NOUN
gp-301	92	8	of	of	ADP
gp-301	92	9	2.648	2.648	NUM
gp-301	92	10	%	%	NOUN
gp-301	92	11	and	and	CCONJ
gp-301	92	12	a	a	DET
gp-301	92	13	standard	standard	ADJ
gp-301	92	14	deviation	deviation	NOUN
gp-301	92	15	of	of	ADP
gp-301	92	16	1.651	1.651	NUM
gp-301	92	17	%	%	NOUN
gp-301	92	18	for	for	ADP
gp-301	92	19	the	the	DET
gp-301	92	20	entire	entire	ADJ
gp-301	92	21	period	period	NOUN
gp-301	92	22	,	,	PUNCT
gp-301	92	23	with	with	ADP
gp-301	92	24	a	a	DET
gp-301	92	25	minimum	minimum	ADJ
gp-301	92	26	value	value	NOUN
gp-301	92	27	of	of	ADP
gp-301	92	28	1.570	1.570	NUM
gp-301	92	29	%	%	NOUN
gp-301	92	30	and	and	CCONJ
gp-301	92	31	a	a	DET
gp-301	92	32	maximum	maximum	NOUN
gp-301	92	33	of	of	ADP
gp-301	92	34	5.510	5.510	NUM
gp-301	92	35	%	%	NOUN
gp-301	92	36	.	.	PUNCT
gp-301	93	1	this	this	DET
gp-301	93	2	consistent	consistent	ADJ
gp-301	93	3	inflation	inflation	NOUN
gp-301	93	4	data	datum	NOUN
gp-301	93	5	reflects	reflect	VERB
gp-301	93	6	the	the	DET
gp-301	93	7	use	use	NOUN
gp-301	93	8	of	of	ADP
gp-301	93	9	the	the	DET
gp-301	93	10	same	same	ADJ
gp-301	93	11	national	national	ADJ
gp-301	93	12	macroeconomic	macroeconomic	ADJ
gp-301	93	13	data	datum	NOUN
gp-301	93	14	for	for	ADP
gp-301	93	15	all	all	DET
gp-301	93	16	companies	company	NOUN
gp-301	93	17	in	in	ADP
gp-301	93	18	the	the	DET
gp-301	93	19	analysis	analysis	NOUN
gp-301	93	20	period	period	NOUN
gp-301	93	21	.	.	PUNCT
gp-301	94	1	the	the	DET
gp-301	94	2	share	share	NOUN
gp-301	94	3	price	price	NOUN
gp-301	94	4	shows	show	VERB
gp-301	94	5	a	a	DET
gp-301	94	6	very	very	ADV
gp-301	94	7	large	large	ADJ
gp-301	94	8	variation	variation	NOUN
gp-301	94	9	with	with	ADP
gp-301	94	10	an	an	DET
gp-301	94	11	average	average	NOUN
gp-301	94	12	of	of	ADP
gp-301	94	13	idr	idr	PROPN
gp-301	94	14	1,425.81	1,425.81	NUM
gp-301	94	15	and	and	CCONJ
gp-301	94	16	a	a	DET
gp-301	94	17	standard	standard	ADJ
gp-301	94	18	deviation	deviation	NOUN
gp-301	94	19	of	of	ADP
gp-301	94	20	idr	idr	PROPN
gp-301	94	21	626.39	626.39	NUM
gp-301	94	22	.	.	PUNCT
gp-301	95	1	bram	bram	PROPN
gp-301	95	2	recorded	record	VERB
gp-301	95	3	the	the	DET
gp-301	95	4	highest	high	ADJ
gp-301	95	5	share	share	NOUN
gp-301	95	6	price	price	NOUN
gp-301	95	7	with	with	ADP
gp-301	95	8	an	an	DET
gp-301	95	9	average	average	NOUN
gp-301	95	10	of	of	ADP
gp-301	95	11	idr	idr	PROPN
gp-301	95	12	6,619.58	6,619.58	NUM
gp-301	95	13	,	,	PUNCT
gp-301	95	14	while	while	SCONJ
gp-301	95	15	cars	car	NOUN
gp-301	95	16	had	have	VERB
gp-301	95	17	the	the	DET
gp-301	95	18	lowest	low	ADJ
gp-301	95	19	share	share	NOUN
gp-301	95	20	price	price	NOUN
gp-301	95	21	with	with	ADP
gp-301	95	22	an	an	DET
gp-301	95	23	average	average	NOUN
gp-301	95	24	of	of	ADP
gp-301	95	25	idr	idr	PROPN
gp-301	95	26	74.80	74.80	NUM
gp-301	95	27	.	.	PUNCT
gp-301	96	1	this	this	DET
gp-301	96	2	variation	variation	NOUN
gp-301	96	3	reflects	reflect	VERB
gp-301	96	4	differences	difference	NOUN
gp-301	96	5	in	in	ADP
gp-301	96	6	company	company	NOUN
gp-301	96	7	size	size	NOUN
gp-301	96	8	and	and	CCONJ
gp-301	96	9	market	market	NOUN
gp-301	96	10	perception	perception	NOUN
gp-301	96	11	of	of	ADP
gp-301	96	12	each	each	DET
gp-301	96	13	company	company	NOUN
gp-301	96	14	's	's	PART
gp-301	96	15	fundamental	fundamental	ADJ
gp-301	96	16	value	value	NOUN
gp-301	96	17	.	.	PUNCT
gp-301	97	1	classic	classic	ADJ
gp-301	97	2	assumption	assumption	NOUN
gp-301	97	3	test	test	NOUN
gp-301	97	4	1	1	NUM
gp-301	97	5	.	.	PUNCT
gp-301	97	6	normality	normality	NOUN
gp-301	97	7	test	test	NOUN
gp-301	97	8	the	the	DET
gp-301	97	9	results	result	NOUN
gp-301	97	10	of	of	ADP
gp-301	97	11	the	the	DET
gp-301	97	12	normality	normality	NOUN
gp-301	97	13	test	test	NOUN
gp-301	97	14	using	use	VERB
gp-301	97	15	the	the	DET
gp-301	97	16	jarque	jarque	NOUN
gp-301	97	17	-	-	PUNCT
gp-301	97	18	bera	bera	NOUN
gp-301	97	19	method	method	NOUN
gp-301	97	20	showed	show	VERB
gp-301	97	21	a	a	DET
gp-301	97	22	statistical	statistical	ADJ
gp-301	97	23	value	value	NOUN
gp-301	97	24	of	of	ADP
gp-301	97	25	1.112858	1.112858	NUM
gp-301	97	26	with	with	ADP
gp-301	97	27	a	a	DET
gp-301	97	28	probability	probability	NOUN
gp-301	97	29	value	value	NOUN
gp-301	97	30	of	of	ADP
gp-301	97	31	0.573253	0.573253	NUM
gp-301	97	32	.	.	PUNCT
gp-301	98	1	since	since	SCONJ
gp-301	98	2	the	the	DET
gp-301	98	3	p	p	NOUN
gp-301	98	4	-	-	PUNCT
gp-301	98	5	value	value	NOUN
gp-301	98	6	(	(	PUNCT
gp-301	98	7	0.573253	0.573253	NUM
gp-301	98	8	)	)	PUNCT
gp-301	98	9	>	>	X
gp-301	98	10	0.05	0.05	NUM
gp-301	98	11	,	,	PUNCT
gp-301	98	12	it	it	PRON
gp-301	98	13	can	can	AUX
gp-301	98	14	be	be	AUX
gp-301	98	15	concluded	conclude	VERB
gp-301	98	16	that	that	SCONJ
gp-301	98	17	the	the	DET
gp-301	98	18	data	data	NOUN
gp-301	98	19	is	be	AUX
gp-301	98	20	distributed	distribute	VERB
gp-301	98	21	normally	normally	ADV
gp-301	98	22	at	at	ADP
gp-301	98	23	a	a	DET
gp-301	98	24	95	95	NUM
gp-301	98	25	%	%	NOUN
gp-301	98	26	confidence	confidence	NOUN
gp-301	98	27	level	level	NOUN
gp-301	98	28	.	.	PUNCT
gp-301	99	1	the	the	DET
gp-301	99	2	data	data	NOUN
gp-301	99	3	distribution	distribution	NOUN
gp-301	99	4	histogram	histogram	NOUN
gp-301	99	5	also	also	ADV
gp-301	99	6	shows	show	VERB
gp-301	99	7	patterns	pattern	NOUN
gp-301	99	8	that	that	PRON
gp-301	99	9	tend	tend	VERB
gp-301	99	10	to	to	PART
gp-301	99	11	form	form	VERB
gp-301	99	12	normal	normal	ADJ
gp-301	99	13	curves	curve	NOUN
gp-301	99	14	.	.	PUNCT
gp-301	100	1	2	2	X
gp-301	100	2	.	.	X
gp-301	100	3	multicollinearity	multicollinearity	NOUN
gp-301	100	4	test	test	NOUN
gp-301	100	5	american	american	PROPN
gp-301	100	6	journal	journal	PROPN
gp-301	100	7	of	of	ADP
gp-301	100	8	economic	economic	ADJ
gp-301	100	9	and	and	CCONJ
gp-301	100	10	management	management	NOUN
gp-301	100	11	business	business	NOUN
gp-301	100	12	vol	vol	NOUN
gp-301	100	13	.	.	PROPN
gp-301	100	14	4	4	NUM
gp-301	100	15	no	no	NOUN
gp-301	100	16	.	.	NOUN
gp-301	100	17	8	8	NUM
gp-301	100	18	agustus	agustus	NOUN
gp-301	100	19	2025	2025	NUM
gp-301	100	20	1295	1295	NUM
gp-301	100	21	table	table	NOUN
gp-301	100	22	2	2	NUM
gp-301	100	23	.	.	PUNCT
gp-301	100	24	multicollinearity	multicollinearity	NOUN
gp-301	100	25	test	test	NOUN
gp-301	100	26	results	result	NOUN
gp-301	100	27	length	length	VERB
gp-301	100	28	the	the	DET
gp-301	100	29	inflation	inflation	NOUN
gp-301	100	30	roa	roa	NOUN
gp-301	100	31	1.00000	1.00000	NUM
gp-301	100	32	-0.38236	-0.38236	NOUN
gp-301	101	1	0.11614	0.11614	NUM
gp-301	101	2	the	the	DET
gp-301	101	3	-0.38236	-0.38236	NOUN
gp-301	101	4	1.00000	1.00000	NUM
gp-301	101	5	0.00218	0.00218	NUM
gp-301	101	6	inflation	inflation	NOUN
gp-301	101	7	0.11614	0.11614	NUM
gp-301	101	8	0.00218	0.00218	NUM
gp-301	101	9	1.00000	1.00000	NUM
gp-301	101	10	source	source	NOUN
gp-301	101	11	:	:	PUNCT
gp-301	101	12	multicollinearity	multicollinearity	NOUN
gp-301	101	13	test	test	NOUN
gp-301	101	14	output	output	NOUN
gp-301	101	15	,	,	PUNCT
gp-301	101	16	processed	process	VERB
gp-301	101	17	with	with	ADP
gp-301	101	18	eviews	eviews	PROPN
gp-301	101	19	12	12	NUM
gp-301	101	20	the	the	DET
gp-301	101	21	results	result	NOUN
gp-301	101	22	showed	show	VERB
gp-301	101	23	no	no	DET
gp-301	101	24	multicollinearity	multicollinearity	NOUN
gp-301	101	25	problems	problem	NOUN
gp-301	101	26	as	as	SCONJ
gp-301	101	27	all	all	DET
gp-301	101	28	correlation	correlation	NOUN
gp-301	101	29	values	value	NOUN
gp-301	101	30	between	between	ADP
gp-301	101	31	independent	independent	ADJ
gp-301	101	32	variables	variable	NOUN
gp-301	101	33	were	be	AUX
gp-301	101	34	below	below	ADP
gp-301	101	35	0.80	0.80	NUM
gp-301	101	36	,	,	PUNCT
gp-301	101	37	indicating	indicate	VERB
gp-301	101	38	no	no	DET
gp-301	101	39	strong	strong	ADJ
gp-301	101	40	correlation	correlation	NOUN
gp-301	101	41	between	between	ADP
gp-301	101	42	independent	independent	ADJ
gp-301	101	43	variables	variable	NOUN
gp-301	101	44	.	.	PUNCT
gp-301	102	1	3	3	X
gp-301	102	2	.	.	X
gp-301	102	3	heteroscedasticity	heteroscedasticity	NOUN
gp-301	102	4	test	test	VERB
gp-301	102	5	the	the	DET
gp-301	102	6	heteroscedasticity	heteroscedasticity	NOUN
gp-301	102	7	test	test	NOUN
gp-301	102	8	using	use	VERB
gp-301	102	9	the	the	DET
gp-301	102	10	glejser	glejser	NOUN
gp-301	102	11	test	test	NOUN
gp-301	102	12	showed	show	VERB
gp-301	102	13	that	that	SCONJ
gp-301	102	14	all	all	DET
gp-301	102	15	variables	variable	NOUN
gp-301	102	16	had	have	VERB
gp-301	102	17	a	a	DET
gp-301	102	18	significance	significance	NOUN
gp-301	102	19	value	value	NOUN
gp-301	102	20	greater	great	ADJ
gp-301	102	21	than	than	ADP
gp-301	102	22	0.05	0.05	NUM
gp-301	102	23	,	,	PUNCT
gp-301	102	24	so	so	SCONJ
gp-301	102	25	it	it	PRON
gp-301	102	26	can	can	AUX
gp-301	102	27	be	be	AUX
gp-301	102	28	concluded	conclude	VERB
gp-301	102	29	that	that	SCONJ
gp-301	102	30	there	there	PRON
gp-301	102	31	were	be	VERB
gp-301	102	32	no	no	DET
gp-301	102	33	symptoms	symptom	NOUN
gp-301	102	34	of	of	ADP
gp-301	102	35	heteroscedasticity	heteroscedasticity	NOUN
gp-301	102	36	in	in	ADP
gp-301	102	37	the	the	DET
gp-301	102	38	regression	regression	NOUN
gp-301	102	39	model	model	NOUN
gp-301	102	40	.	.	PUNCT
gp-301	103	1	4	4	X
gp-301	103	2	.	.	X
gp-301	103	3	autocorrelation	autocorrelation	NOUN
gp-301	103	4	test	test	NOUN
gp-301	103	5	the	the	DET
gp-301	103	6	results	result	NOUN
gp-301	103	7	of	of	ADP
gp-301	103	8	the	the	DET
gp-301	103	9	durbin	durbin	ADJ
gp-301	103	10	-	-	PUNCT
gp-301	103	11	watson	watson	NOUN
gp-301	103	12	test	test	NOUN
gp-301	103	13	showed	show	VERB
gp-301	103	14	a	a	DET
gp-301	103	15	dw	dw	NOUN
gp-301	103	16	-	-	PUNCT
gp-301	103	17	stat	stat	NOUN
gp-301	103	18	value	value	NOUN
gp-301	103	19	of	of	ADP
gp-301	103	20	2.179564	2.179564	NUM
gp-301	103	21	.	.	PUNCT
gp-301	104	1	with	with	ADP
gp-301	104	2	dl	dl	PROPN
gp-301	104	3	values	value	NOUN
gp-301	104	4	=	=	SYM
gp-301	104	5	1.53553	1.53553	NUM
gp-301	104	6	and	and	CCONJ
gp-301	104	7	du	du	NOUN
gp-301	104	8	=	=	SYM
gp-301	104	9	1.60452	1.60452	NUM
gp-301	104	10	,	,	PUNCT
gp-301	104	11	the	the	DET
gp-301	104	12	dw	dw	PROPN
gp-301	104	13	values	value	NOUN
gp-301	104	14	are	be	AUX
gp-301	104	15	between	between	ADP
gp-301	104	16	du	du	PROPN
gp-301	104	17	and	and	CCONJ
gp-301	104	18	4	4	NUM
gp-301	104	19	-	-	NUM
gp-301	104	20	du	du	X
gp-301	104	21	(	(	PUNCT
gp-301	104	22	1.60452	1.60452	NUM
gp-301	104	23	<	<	X
gp-301	104	24	2.179564	2.179564	NUM
gp-301	104	25	<	<	X
gp-301	104	26	2.39548	2.39548	NUM
gp-301	104	27	)	)	PUNCT
gp-301	104	28	,	,	PUNCT
gp-301	104	29	indicating	indicate	VERB
gp-301	104	30	that	that	SCONJ
gp-301	104	31	there	there	PRON
gp-301	104	32	is	be	VERB
gp-301	104	33	no	no	DET
gp-301	104	34	autocorrelation	autocorrelation	NOUN
gp-301	104	35	in	in	ADP
gp-301	104	36	the	the	DET
gp-301	104	37	model	model	NOUN
gp-301	104	38	.	.	PUNCT
gp-301	105	1	panel	panel	NOUN
gp-301	105	2	data	data	PROPN
gp-301	105	3	model	model	NOUN
gp-301	105	4	selection	selection	NOUN
gp-301	105	5	1	1	NUM
gp-301	105	6	.	.	PUNCT
gp-301	105	7	test	test	NOUN
gp-301	105	8	chow	chow	VERB
gp-301	105	9	the	the	DET
gp-301	105	10	results	result	NOUN
gp-301	105	11	of	of	ADP
gp-301	105	12	the	the	DET
gp-301	105	13	chow	chow	PROPN
gp-301	105	14	test	test	NOUN
gp-301	105	15	show	show	VERB
gp-301	105	16	a	a	DET
gp-301	105	17	probability	probability	NOUN
gp-301	105	18	value	value	NOUN
gp-301	105	19	of	of	ADP
gp-301	105	20	the	the	DET
gp-301	105	21	cross	cross	ADJ
gp-301	105	22	-	-	NOUN
gp-301	105	23	section	section	ADJ
gp-301	105	24	chi	chi	NOUN
gp-301	105	25	-	-	PUNCT
gp-301	105	26	square	square	NOUN
gp-301	105	27	of	of	ADP
gp-301	105	28	0.0000	0.0000	NUM
gp-301	105	29	.	.	PUNCT
gp-301	106	1	since	since	SCONJ
gp-301	106	2	the	the	DET
gp-301	106	3	p	p	NOUN
gp-301	106	4	-	-	PUNCT
gp-301	106	5	value	value	NOUN
gp-301	106	6	<	<	X
gp-301	106	7	0.05	0.05	NUM
gp-301	106	8	,	,	PUNCT
gp-301	106	9	the	the	DET
gp-301	106	10	fixed	fix	VERB
gp-301	106	11	effect	effect	NOUN
gp-301	106	12	is	be	AUX
gp-301	106	13	better	well	ADJ
gp-301	106	14	than	than	ADP
gp-301	106	15	the	the	DET
gp-301	106	16	common	common	ADJ
gp-301	106	17	effect	effect	NOUN
gp-301	106	18	.	.	PUNCT
gp-301	107	1	2	2	X
gp-301	107	2	.	.	X
gp-301	107	3	hausman	hausman	PROPN
gp-301	107	4	test	test	VERB
gp-301	107	5	the	the	DET
gp-301	107	6	results	result	NOUN
gp-301	107	7	of	of	ADP
gp-301	107	8	hausman	hausman	NOUN
gp-301	107	9	's	's	PART
gp-301	107	10	test	test	NOUN
gp-301	107	11	show	show	VERB
gp-301	107	12	a	a	DET
gp-301	107	13	random	random	ADJ
gp-301	107	14	cross	cross	ADJ
gp-301	107	15	-	-	ADJ
gp-301	107	16	section	section	ADJ
gp-301	107	17	probability	probability	NOUN
gp-301	107	18	value	value	NOUN
gp-301	107	19	of	of	ADP
gp-301	107	20	0.7470	0.7470	NUM
gp-301	107	21	.	.	PUNCT
gp-301	108	1	since	since	SCONJ
gp-301	108	2	the	the	DET
gp-301	108	3	p	p	NOUN
gp-301	108	4	-	-	PUNCT
gp-301	108	5	value	value	NOUN
gp-301	108	6	>	>	NOUN
gp-301	108	7	0.05	0.05	NUM
gp-301	108	8	,	,	PUNCT
gp-301	108	9	the	the	DET
gp-301	108	10	random	random	ADJ
gp-301	108	11	effect	effect	NOUN
gp-301	108	12	is	be	AUX
gp-301	108	13	better	well	ADJ
gp-301	108	14	than	than	ADP
gp-301	108	15	the	the	DET
gp-301	108	16	fixed	fix	VERB
gp-301	108	17	effect	effect	NOUN
gp-301	108	18	.	.	PUNCT
gp-301	109	1	3	3	X
gp-301	109	2	.	.	X
gp-301	109	3	uji	uji	PROPN
gp-301	109	4	lagrange	lagrange	PROPN
gp-301	109	5	multiplier	multiplier	ADV
gp-301	109	6	the	the	DET
gp-301	109	7	results	result	NOUN
gp-301	109	8	of	of	ADP
gp-301	109	9	the	the	DET
gp-301	109	10	lagrange	lagrange	NOUN
gp-301	109	11	multiplier	multipli	ADJ
gp-301	109	12	test	test	NOUN
gp-301	109	13	show	show	VERB
gp-301	109	14	a	a	DET
gp-301	109	15	breusch	breusch	NOUN
gp-301	109	16	-	-	PUNCT
gp-301	109	17	pagan	pagan	VERB
gp-301	109	18	cross	cross	ADJ
gp-301	109	19	-	-	ADJ
gp-301	109	20	section	section	ADJ
gp-301	109	21	probability	probability	NOUN
gp-301	109	22	value	value	NOUN
gp-301	109	23	of	of	ADP
gp-301	109	24	0.0000	0.0000	NUM
gp-301	109	25	.	.	PUNCT
gp-301	110	1	since	since	SCONJ
gp-301	110	2	the	the	DET
gp-301	110	3	p	p	NOUN
gp-301	110	4	-	-	PUNCT
gp-301	110	5	value	value	NOUN
gp-301	110	6	<	<	X
gp-301	110	7	0.05	0.05	NUM
gp-301	110	8	,	,	PUNCT
gp-301	110	9	the	the	DET
gp-301	110	10	random	random	ADJ
gp-301	110	11	effect	effect	NOUN
gp-301	110	12	is	be	AUX
gp-301	110	13	better	well	ADJ
gp-301	110	14	than	than	ADP
gp-301	110	15	the	the	DET
gp-301	110	16	common	common	ADJ
gp-301	110	17	effect	effect	NOUN
gp-301	110	18	.	.	PUNCT
gp-301	111	1	based	base	VERB
gp-301	111	2	on	on	ADP
gp-301	111	3	these	these	DET
gp-301	111	4	three	three	NUM
gp-301	111	5	tests	test	NOUN
gp-301	111	6	,	,	PUNCT
gp-301	111	7	the	the	DET
gp-301	111	8	random	random	ADJ
gp-301	111	9	effect	effect	NOUN
gp-301	111	10	model	model	NOUN
gp-301	111	11	was	be	AUX
gp-301	111	12	chosen	choose	VERB
gp-301	111	13	as	as	ADP
gp-301	111	14	the	the	DET
gp-301	111	15	best	good	ADJ
gp-301	111	16	model	model	NOUN
gp-301	111	17	for	for	ADP
gp-301	111	18	this	this	DET
gp-301	111	19	study	study	NOUN
gp-301	111	20	.	.	PUNCT
gp-301	112	1	panel	panel	NOUN
gp-301	112	2	data	data	PROPN
gp-301	112	3	regression	regression	NOUN
gp-301	112	4	analysis	analysis	NOUN
gp-301	112	5	results	result	NOUN
gp-301	112	6	table	table	VERB
gp-301	112	7	3	3	NUM
gp-301	112	8	.	.	X
gp-301	112	9	panel	panel	NOUN
gp-301	112	10	data	data	PROPN
gp-301	112	11	regression	regression	PROPN
gp-301	112	12	results	result	VERB
gp-301	112	13	variabel	variabel	PROPN
gp-301	112	14	coeficin	coeficin	PROPN
gp-301	112	15	t	t	PROPN
gp-301	112	16	-	-	PUNCT
gp-301	112	17	statistics	statistic	NOUN
gp-301	112	18	prob	prob	NOUN
gp-301	112	19	.	.	PUNCT
gp-301	113	1	c	c	NOUN
gp-301	114	1	1053.317	1053.317	NUM
gp-301	114	2	2.156789	2.156789	NUM
gp-301	114	3	0.0346	0.0346	NUM
gp-301	114	4	roa	roa	NOUN
gp-301	114	5	122.0658	122.0658	NUM
gp-301	114	6	3.134006	3.134006	NUM
gp-301	114	7	0.0000	0.0000	NUM
gp-301	114	8	the	the	DET
gp-301	114	9	1.899760	1.899760	NUM
gp-301	114	10	1.142378	1.142378	NUM
gp-301	114	11	0.2578	0.2578	NUM
gp-301	114	12	inflation	inflation	NOUN
gp-301	114	13	-39.59376	-39.59376	PUNCT
gp-301	114	14	-0.674224	-0.674224	NOUN
gp-301	114	15	0.5027	0.5027	NUM
gp-301	114	16	f	f	X
gp-301	114	17	-	-	PUNCT
gp-301	114	18	statistik	statistik	PROPN
gp-301	114	19	:	:	PUNCT
gp-301	114	20	3.366161prob(f	3.366161prob(f	NOUN
gp-301	114	21	-	-	PUNCT
gp-301	114	22	statistik	statistik	PROPN
gp-301	114	23	):	):	PUNCT
gp-301	114	24	0.000000r	0.000000r	NOUN
gp-301	114	25	-	-	PUNCT
gp-301	114	26	squared	square	VERB
gp-301	114	27	:	:	PUNCT
gp-301	114	28	0.142035adjusted	0.142035adjusted	ADJ
gp-301	114	29	r	r	NOUN
gp-301	114	30	-	-	PUNCT
gp-301	114	31	squared	squared	ADJ
gp-301	114	32	:	:	PUNCT
gp-301	114	33	0.099874	0.099874	NUM
gp-301	114	34	source	source	NOUN
gp-301	114	35	:	:	PUNCT
gp-301	114	36	random	random	ADJ
gp-301	114	37	effect	effect	NOUN
gp-301	114	38	model	model	NOUN
gp-301	114	39	regression	regression	NOUN
gp-301	114	40	results	result	NOUN
gp-301	114	41	using	use	VERB
gp-301	114	42	eviews	eviews	PROPN
gp-301	114	43	12	12	NUM
gp-301	114	44	software	software	NOUN
gp-301	114	45	regression	regression	NOUN
gp-301	114	46	equation	equation	NOUN
gp-301	114	47	obtained	obtain	VERB
gp-301	114	48	:	:	PUNCT
gp-301	114	49	y	y	PROPN
gp-301	114	50	=	=	PUNCT
gp-301	114	51	1053.317	1053.317	NUM
gp-301	114	52	+	+	NUM
gp-301	114	53	122.0658(x₁	122.0658(x₁	NUM
gp-301	114	54	)	)	PUNCT
gp-301	114	55	+	+	CCONJ
gp-301	114	56	1.899760(x₂	1.899760(x₂	X
gp-301	114	57	)	)	PUNCT
gp-301	114	58	39.59376(x₃	39.59376(x₃	NUM
gp-301	114	59	)	)	PUNCT
gp-301	115	1	+	+	CCONJ
gp-301	115	2	ε	ε	PROPN
gp-301	115	3	american	american	PROPN
gp-301	115	4	journal	journal	PROPN
gp-301	115	5	of	of	ADP
gp-301	115	6	economic	economic	ADJ
gp-301	115	7	and	and	CCONJ
gp-301	115	8	management	management	NOUN
gp-301	115	9	business	business	NOUN
gp-301	115	10	vol	vol	NOUN
gp-301	115	11	.	.	PROPN
gp-301	116	1	4	4	NUM
gp-301	116	2	no	no	NOUN
gp-301	116	3	.	.	NOUN
gp-301	116	4	8	8	NUM
gp-301	116	5	agustus	agustus	NOUN
gp-301	116	6	2025	2025	NUM
gp-301	116	7	1296	1296	NUM
gp-301	116	8	pengujian	pengujian	ADJ
gp-301	116	9	hypothesis	hypothesis	NOUN
gp-301	116	10	1	1	NUM
gp-301	116	11	.	.	PUNCT
gp-301	116	12	simultaneous	simultaneous	ADJ
gp-301	116	13	test	test	NOUN
gp-301	116	14	(	(	PUNCT
gp-301	116	15	f	f	PROPN
gp-301	116	16	test	test	NOUN
gp-301	116	17	)	)	PUNCT
gp-301	116	18	the	the	DET
gp-301	116	19	results	result	NOUN
gp-301	116	20	of	of	ADP
gp-301	116	21	the	the	DET
gp-301	116	22	f	f	PROPN
gp-301	116	23	test	test	NOUN
gp-301	116	24	showed	show	VERB
gp-301	116	25	an	an	DET
gp-301	116	26	f	f	ADJ
gp-301	116	27	-	-	PUNCT
gp-301	116	28	statistical	statistical	ADJ
gp-301	116	29	value	value	NOUN
gp-301	116	30	of	of	ADP
gp-301	116	31	3.366161	3.366161	NUM
gp-301	116	32	with	with	ADP
gp-301	116	33	a	a	DET
gp-301	116	34	p	p	NOUN
gp-301	116	35	-	-	PUNCT
gp-301	116	36	value	value	NOUN
gp-301	116	37	of	of	ADP
gp-301	116	38	0.000000	0.000000	NUM
gp-301	116	39	.	.	PUNCT
gp-301	117	1	since	since	SCONJ
gp-301	117	2	f	f	NOUN
gp-301	117	3	-	-	PUNCT
gp-301	117	4	count	count	NOUN
gp-301	117	5	(	(	PUNCT
gp-301	117	6	3.366161	3.366161	NUM
gp-301	117	7	)	)	PUNCT
gp-301	117	8	>	>	X
gp-301	117	9	f	f	X
gp-301	117	10	-	-	PUNCT
gp-301	117	11	table	table	NOUN
gp-301	117	12	(	(	PUNCT
gp-301	117	13	3.1477	3.1477	NUM
gp-301	117	14	)	)	PUNCT
gp-301	117	15	and	and	CCONJ
gp-301	117	16	p	p	NOUN
gp-301	117	17	-	-	PUNCT
gp-301	117	18	value	value	NOUN
gp-301	117	19	<	<	X
gp-301	117	20	0.05	0.05	NUM
gp-301	117	21	,	,	PUNCT
gp-301	117	22	h₀	h₀	NOUN
gp-301	117	23	is	be	AUX
gp-301	117	24	rejected	reject	VERB
gp-301	117	25	.	.	PUNCT
gp-301	118	1	this	this	PRON
gp-301	118	2	means	mean	VERB
gp-301	118	3	that	that	SCONJ
gp-301	118	4	roa	roa	NOUN
gp-301	118	5	,	,	PUNCT
gp-301	118	6	der	der	NOUN
gp-301	118	7	,	,	PUNCT
gp-301	118	8	and	and	CCONJ
gp-301	118	9	inflation	inflation	NOUN
gp-301	118	10	simultaneously	simultaneously	ADV
gp-301	118	11	have	have	VERB
gp-301	118	12	a	a	DET
gp-301	118	13	significant	significant	ADJ
gp-301	118	14	effect	effect	NOUN
gp-301	118	15	on	on	ADP
gp-301	118	16	stock	stock	NOUN
gp-301	118	17	prices	price	NOUN
gp-301	118	18	.	.	PUNCT
gp-301	119	1	2	2	X
gp-301	119	2	.	.	X
gp-301	119	3	partial	partial	ADJ
gp-301	119	4	test	test	NOUN
gp-301	119	5	(	(	PUNCT
gp-301	119	6	t	t	NOUN
gp-301	119	7	-	-	PUNCT
gp-301	119	8	test	test	NOUN
gp-301	119	9	)	)	PUNCT
gp-301	119	10	a.	a.	NOUN
gp-301	120	1	the	the	DET
gp-301	120	2	effect	effect	NOUN
gp-301	120	3	of	of	ADP
gp-301	120	4	roa	roa	PROPN
gp-301	120	5	on	on	ADP
gp-301	120	6	stock	stock	NOUN
gp-301	120	7	prices	price	NOUN
gp-301	120	8	the	the	DET
gp-301	120	9	results	result	NOUN
gp-301	120	10	of	of	ADP
gp-301	120	11	the	the	DET
gp-301	120	12	t	t	NOUN
gp-301	120	13	-	-	PUNCT
gp-301	120	14	test	test	NOUN
gp-301	120	15	for	for	ADP
gp-301	120	16	the	the	DET
gp-301	120	17	roa	roa	PROPN
gp-301	120	18	variable	variable	NOUN
gp-301	120	19	showed	show	VERB
gp-301	120	20	a	a	DET
gp-301	120	21	t	t	NOUN
gp-301	120	22	-	-	PUNCT
gp-301	120	23	calculated	calculate	VERB
gp-301	120	24	value	value	NOUN
gp-301	120	25	of	of	ADP
gp-301	120	26	3.134006	3.134006	NUM
gp-301	120	27	with	with	ADP
gp-301	120	28	a	a	DET
gp-301	120	29	p	p	NOUN
gp-301	120	30	-	-	PUNCT
gp-301	120	31	value	value	NOUN
gp-301	120	32	of	of	ADP
gp-301	120	33	0.0000	0.0000	NUM
gp-301	120	34	.	.	PUNCT
gp-301	121	1	since	since	SCONJ
gp-301	121	2	t	t	NOUN
gp-301	121	3	-	-	PUNCT
gp-301	121	4	count	count	VERB
gp-301	121	5	>	>	X
gp-301	121	6	t	t	NOUN
gp-301	121	7	-	-	PUNCT
gp-301	121	8	table	table	NOUN
gp-301	121	9	(	(	PUNCT
gp-301	121	10	1.9996	1.9996	NUM
gp-301	121	11	)	)	PUNCT
gp-301	121	12	and	and	CCONJ
gp-301	121	13	p	p	NOUN
gp-301	121	14	-	-	PUNCT
gp-301	121	15	value	value	NOUN
gp-301	121	16	<	<	X
gp-301	121	17	0.05	0.05	NUM
gp-301	121	18	,	,	PUNCT
gp-301	121	19	h₀	h₀	NOUN
gp-301	121	20	is	be	AUX
gp-301	121	21	rejected	reject	VERB
gp-301	121	22	and	and	CCONJ
gp-301	121	23	h₁	h₁	NOUN
gp-301	121	24	is	be	AUX
gp-301	121	25	accepted	accept	VERB
gp-301	121	26	.	.	PUNCT
gp-301	122	1	this	this	PRON
gp-301	122	2	means	mean	VERB
gp-301	122	3	that	that	SCONJ
gp-301	122	4	roa	roa	PROPN
gp-301	122	5	has	have	VERB
gp-301	122	6	a	a	DET
gp-301	122	7	positive	positive	ADJ
gp-301	122	8	and	and	CCONJ
gp-301	122	9	significant	significant	ADJ
gp-301	122	10	effect	effect	NOUN
gp-301	122	11	on	on	ADP
gp-301	122	12	the	the	DET
gp-301	122	13	stock	stock	NOUN
gp-301	122	14	price	price	NOUN
gp-301	122	15	with	with	ADP
gp-301	122	16	a	a	DET
gp-301	122	17	coefficient	coefficient	NOUN
gp-301	122	18	of	of	ADP
gp-301	122	19	122.0658	122.0658	NUM
gp-301	122	20	,	,	PUNCT
gp-301	122	21	meaning	mean	VERB
gp-301	122	22	that	that	SCONJ
gp-301	122	23	every	every	DET
gp-301	122	24	1	1	NUM
gp-301	122	25	%	%	NOUN
gp-301	122	26	increase	increase	NOUN
gp-301	122	27	in	in	ADP
gp-301	122	28	roa	roa	PROPN
gp-301	122	29	will	will	AUX
gp-301	122	30	increase	increase	VERB
gp-301	122	31	the	the	DET
gp-301	122	32	share	share	NOUN
gp-301	122	33	price	price	NOUN
gp-301	122	34	by	by	ADP
gp-301	122	35	122.0658	122.0658	NUM
gp-301	122	36	units	unit	NOUN
gp-301	122	37	.	.	PUNCT
gp-301	123	1	b.	b.	PROPN
gp-301	124	1	the	the	DET
gp-301	124	2	effect	effect	NOUN
gp-301	124	3	of	of	ADP
gp-301	124	4	der	der	NOUN
gp-301	124	5	on	on	ADP
gp-301	124	6	stock	stock	NOUN
gp-301	124	7	prices	price	NOUN
gp-301	124	8	the	the	DET
gp-301	124	9	results	result	NOUN
gp-301	124	10	of	of	ADP
gp-301	124	11	the	the	DET
gp-301	124	12	t	t	NOUN
gp-301	124	13	-	-	PUNCT
gp-301	124	14	test	test	NOUN
gp-301	124	15	for	for	ADP
gp-301	124	16	the	the	DET
gp-301	124	17	der	der	ADJ
gp-301	124	18	variable	variable	NOUN
gp-301	124	19	showed	show	VERB
gp-301	124	20	a	a	DET
gp-301	124	21	t	t	NOUN
gp-301	124	22	-	-	PUNCT
gp-301	124	23	calculated	calculate	VERB
gp-301	124	24	value	value	NOUN
gp-301	124	25	of	of	ADP
gp-301	124	26	1.142378	1.142378	NUM
gp-301	124	27	with	with	ADP
gp-301	124	28	a	a	DET
gp-301	124	29	p	p	NOUN
gp-301	124	30	-	-	PUNCT
gp-301	124	31	value	value	NOUN
gp-301	124	32	of	of	ADP
gp-301	124	33	0.2578	0.2578	NUM
gp-301	124	34	.	.	PUNCT
gp-301	125	1	since	since	SCONJ
gp-301	125	2	t	t	NOUN
gp-301	125	3	-	-	PUNCT
gp-301	125	4	calculates	calculate	VERB
gp-301	125	5	<	<	X
gp-301	125	6	t	t	PROPN
gp-301	125	7	-	-	PUNCT
gp-301	125	8	table	table	NOUN
gp-301	125	9	(	(	PUNCT
gp-301	125	10	1.9996	1.9996	NUM
gp-301	125	11	)	)	PUNCT
gp-301	125	12	and	and	CCONJ
gp-301	125	13	p	p	NOUN
gp-301	125	14	-	-	PUNCT
gp-301	125	15	value	value	NOUN
gp-301	125	16	>	>	NOUN
gp-301	125	17	0.05	0.05	NUM
gp-301	125	18	,	,	PUNCT
gp-301	125	19	h₀	h₀	NOUN
gp-301	125	20	is	be	AUX
gp-301	125	21	accepted	accept	VERB
gp-301	125	22	and	and	CCONJ
gp-301	125	23	h₁	h₁	NOUN
gp-301	125	24	is	be	AUX
gp-301	125	25	rejected	reject	VERB
gp-301	125	26	.	.	PUNCT
gp-301	126	1	this	this	PRON
gp-301	126	2	means	mean	VERB
gp-301	126	3	that	that	SCONJ
gp-301	126	4	the	the	DET
gp-301	126	5	der	der	NOUN
gp-301	126	6	has	have	VERB
gp-301	126	7	no	no	DET
gp-301	126	8	significant	significant	ADJ
gp-301	126	9	effect	effect	NOUN
gp-301	126	10	on	on	ADP
gp-301	126	11	the	the	DET
gp-301	126	12	stock	stock	NOUN
gp-301	126	13	price	price	NOUN
gp-301	126	14	.	.	PUNCT
gp-301	127	1	c.	c.	NOUN
gp-301	128	1	the	the	DET
gp-301	128	2	effect	effect	NOUN
gp-301	128	3	of	of	ADP
gp-301	128	4	inflation	inflation	NOUN
gp-301	128	5	on	on	ADP
gp-301	128	6	stock	stock	NOUN
gp-301	128	7	prices	price	NOUN
gp-301	128	8	the	the	DET
gp-301	128	9	results	result	NOUN
gp-301	128	10	of	of	ADP
gp-301	128	11	the	the	DET
gp-301	128	12	t	t	NOUN
gp-301	128	13	-	-	PUNCT
gp-301	128	14	test	test	NOUN
gp-301	128	15	for	for	ADP
gp-301	128	16	the	the	DET
gp-301	128	17	inflation	inflation	NOUN
gp-301	128	18	variable	variable	NOUN
gp-301	128	19	showed	show	VERB
gp-301	128	20	a	a	DET
gp-301	128	21	t	t	NOUN
gp-301	128	22	-	-	PUNCT
gp-301	128	23	calculated	calculate	VERB
gp-301	128	24	value	value	NOUN
gp-301	128	25	of	of	ADP
gp-301	128	26	0.674224	0.674224	NUM
gp-301	128	27	with	with	ADP
gp-301	128	28	a	a	DET
gp-301	128	29	p	p	NOUN
gp-301	128	30	-	-	PUNCT
gp-301	128	31	value	value	NOUN
gp-301	128	32	of	of	ADP
gp-301	128	33	0.5027	0.5027	NUM
gp-301	128	34	.	.	PUNCT
gp-301	129	1	because	because	SCONJ
gp-301	129	2	|t	|t	NOUN
gp-301	129	3	-	-	PUNCT
gp-301	129	4	count|	count|	NOUN
gp-301	129	5	<	<	X
gp-301	129	6	t	t	NOUN
gp-301	129	7	-	-	PUNCT
gp-301	129	8	table	table	NOUN
gp-301	129	9	(	(	PUNCT
gp-301	129	10	1.9996	1.9996	NUM
gp-301	129	11	)	)	PUNCT
gp-301	129	12	and	and	CCONJ
gp-301	129	13	p	p	NOUN
gp-301	129	14	-	-	PUNCT
gp-301	129	15	value	value	NOUN
gp-301	129	16	>	>	NOUN
gp-301	129	17	0.05	0.05	NUM
gp-301	129	18	,	,	PUNCT
gp-301	129	19	then	then	ADV
gp-301	129	20	h₀	h₀	NOUN
gp-301	129	21	is	be	AUX
gp-301	129	22	accepted	accept	VERB
gp-301	129	23	and	and	CCONJ
gp-301	129	24	h₁	h₁	NOUN
gp-301	129	25	is	be	AUX
gp-301	129	26	rejected	reject	VERB
gp-301	129	27	.	.	PUNCT
gp-301	130	1	this	this	PRON
gp-301	130	2	means	mean	VERB
gp-301	130	3	that	that	SCONJ
gp-301	130	4	inflation	inflation	NOUN
gp-301	130	5	does	do	AUX
gp-301	130	6	not	not	PART
gp-301	130	7	have	have	VERB
gp-301	130	8	a	a	DET
gp-301	130	9	significant	significant	ADJ
gp-301	130	10	effect	effect	NOUN
gp-301	130	11	on	on	ADP
gp-301	130	12	stock	stock	NOUN
gp-301	130	13	prices	price	NOUN
gp-301	130	14	.	.	PUNCT
gp-301	131	1	coefficient	coefficient	NOUN
gp-301	131	2	of	of	ADP
gp-301	131	3	determination	determination	NOUN
gp-301	131	4	table	table	NOUN
gp-301	131	5	4	4	NUM
gp-301	131	6	.	.	PUNCT
gp-301	132	1	coefficient	coefficient	NOUN
gp-301	132	2	of	of	ADP
gp-301	132	3	determination	determination	NOUN
gp-301	132	4	type	type	NOUN
gp-301	132	5	r	r	NOUN
gp-301	132	6	-	-	PUNCT
gp-301	132	7	squared	square	VERB
gp-301	132	8	adjusted	adjust	VERB
gp-301	132	9	r	r	NOUN
gp-301	132	10	-	-	PUNCT
gp-301	132	11	squared	square	VERB
gp-301	132	12	f	f	NOUN
gp-301	132	13	-	-	PUNCT
gp-301	132	14	statistics	statistic	NOUN
gp-301	132	15	prob(f	prob(f	NOUN
gp-301	132	16	-	-	PUNCT
gp-301	132	17	statistic	statistic	NOUN
gp-301	132	18	)	)	PUNCT
gp-301	132	19	random	random	ADJ
gp-301	132	20	effect	effect	NOUN
gp-301	132	21	0.142035	0.142035	NUM
gp-301	132	22	0.099874	0.099874	NUM
gp-301	132	23	3.366161	3.366161	NUM
gp-301	132	24	0.000000	0.000000	NUM
gp-301	132	25	source	source	NOUN
gp-301	132	26	:	:	PUNCT
gp-301	132	27	random	random	ADJ
gp-301	132	28	effect	effect	NOUN
gp-301	132	29	regression	regression	NOUN
gp-301	132	30	model	model	NOUN
gp-301	132	31	output	output	NOUN
gp-301	132	32	from	from	ADP
gp-301	132	33	panel	panel	NOUN
gp-301	132	34	data	datum	NOUN
gp-301	132	35	analysis	analysis	NOUN
gp-301	132	36	with	with	ADP
gp-301	132	37	eviews	eviews	PROPN
gp-301	132	38	12	12	NUM
gp-301	132	39	the	the	DET
gp-301	132	40	r	r	NOUN
gp-301	132	41	-	-	PUNCT
gp-301	132	42	squared	square	VERB
gp-301	132	43	value	value	NOUN
gp-301	132	44	of	of	ADP
gp-301	132	45	0.142035	0.142035	NUM
gp-301	132	46	or	or	CCONJ
gp-301	132	47	14.2035	14.2035	NUM
gp-301	132	48	%	%	NOUN
gp-301	132	49	shows	show	VERB
gp-301	132	50	that	that	SCONJ
gp-301	132	51	the	the	DET
gp-301	132	52	variables	variable	NOUN
gp-301	132	53	roa	roa	PROPN
gp-301	132	54	,	,	PUNCT
gp-301	132	55	der	der	NOUN
gp-301	132	56	,	,	PUNCT
gp-301	132	57	and	and	CCONJ
gp-301	132	58	inflation	inflation	NOUN
gp-301	132	59	are	be	AUX
gp-301	132	60	able	able	ADJ
gp-301	132	61	to	to	PART
gp-301	132	62	explain	explain	VERB
gp-301	132	63	the	the	DET
gp-301	132	64	stock	stock	NOUN
gp-301	132	65	price	price	NOUN
gp-301	132	66	variation	variation	NOUN
gp-301	132	67	of	of	ADP
gp-301	132	68	14.2035	14.2035	NUM
gp-301	132	69	%	%	NOUN
gp-301	132	70	,	,	PUNCT
gp-301	132	71	while	while	SCONJ
gp-301	132	72	the	the	DET
gp-301	132	73	remaining	remain	VERB
gp-301	132	74	85.7965	85.7965	NUM
gp-301	132	75	%	%	NOUN
gp-301	132	76	is	be	AUX
gp-301	132	77	influenced	influence	VERB
gp-301	132	78	by	by	ADP
gp-301	132	79	other	other	ADJ
gp-301	132	80	variables	variable	NOUN
gp-301	132	81	outside	outside	ADP
gp-301	132	82	the	the	DET
gp-301	132	83	research	research	NOUN
gp-301	132	84	model	model	NOUN
gp-301	132	85	.	.	PUNCT
gp-301	133	1	the	the	DET
gp-301	133	2	effect	effect	NOUN
gp-301	133	3	of	of	ADP
gp-301	133	4	return	return	NOUN
gp-301	133	5	on	on	ADP
gp-301	133	6	assets	asset	NOUN
gp-301	133	7	(	(	PUNCT
gp-301	133	8	roa	roa	NOUN
gp-301	133	9	)	)	PUNCT
gp-301	133	10	on	on	ADP
gp-301	133	11	stock	stock	NOUN
gp-301	133	12	price	price	NOUN
gp-301	133	13	the	the	DET
gp-301	133	14	results	result	NOUN
gp-301	133	15	of	of	ADP
gp-301	133	16	the	the	DET
gp-301	133	17	study	study	NOUN
gp-301	133	18	show	show	VERB
gp-301	133	19	that	that	SCONJ
gp-301	133	20	roa	roa	PROPN
gp-301	133	21	has	have	VERB
gp-301	133	22	a	a	DET
gp-301	133	23	positive	positive	ADJ
gp-301	133	24	and	and	CCONJ
gp-301	133	25	significant	significant	ADJ
gp-301	133	26	effect	effect	NOUN
gp-301	133	27	on	on	ADP
gp-301	133	28	the	the	DET
gp-301	133	29	stock	stock	NOUN
gp-301	133	30	price	price	NOUN
gp-301	133	31	of	of	ADP
gp-301	133	32	automotive	automotive	ADJ
gp-301	133	33	and	and	CCONJ
gp-301	133	34	component	component	NOUN
gp-301	133	35	industry	industry	NOUN
gp-301	133	36	companies	company	NOUN
gp-301	133	37	.	.	PUNCT
gp-301	134	1	these	these	DET
gp-301	134	2	findings	finding	NOUN
gp-301	134	3	are	be	AUX
gp-301	134	4	in	in	ADP
gp-301	134	5	line	line	NOUN
gp-301	134	6	with	with	ADP
gp-301	134	7	financial	financial	ADJ
gp-301	134	8	theory	theory	NOUN
gp-301	134	9	that	that	SCONJ
gp-301	134	10	profitability	profitability	NOUN
gp-301	134	11	is	be	AUX
gp-301	134	12	the	the	DET
gp-301	134	13	main	main	ADJ
gp-301	134	14	indicator	indicator	NOUN
gp-301	134	15	of	of	ADP
gp-301	134	16	a	a	DET
gp-301	134	17	company	company	NOUN
gp-301	134	18	's	's	PART
gp-301	134	19	performance	performance	NOUN
gp-301	134	20	that	that	SCONJ
gp-301	134	21	investors	investor	NOUN
gp-301	134	22	pay	pay	VERB
gp-301	134	23	attention	attention	NOUN
gp-301	134	24	to	to	ADP
gp-301	134	25	.	.	PUNCT
gp-301	135	1	a	a	DET
gp-301	135	2	high	high	ADJ
gp-301	135	3	roa	roa	NOUN
gp-301	135	4	reflects	reflect	VERB
gp-301	135	5	management	management	NOUN
gp-301	135	6	's	's	PART
gp-301	135	7	ability	ability	NOUN
gp-301	135	8	to	to	PART
gp-301	135	9	efficiently	efficiently	ADV
gp-301	135	10	manage	manage	VERB
gp-301	135	11	assets	asset	NOUN
gp-301	135	12	to	to	PART
gp-301	135	13	generate	generate	VERB
gp-301	135	14	profits	profit	NOUN
gp-301	135	15	,	,	PUNCT
gp-301	135	16	thereby	thereby	ADV
gp-301	135	17	increasing	increase	VERB
gp-301	135	18	investor	investor	NOUN
gp-301	135	19	confidence	confidence	NOUN
gp-301	135	20	and	and	CCONJ
gp-301	135	21	impacting	impact	VERB
gp-301	135	22	stock	stock	NOUN
gp-301	135	23	price	price	NOUN
gp-301	135	24	increases	increase	NOUN
gp-301	135	25	.	.	PUNCT
gp-301	136	1	these	these	DET
gp-301	136	2	results	result	NOUN
gp-301	136	3	are	be	AUX
gp-301	136	4	consistent	consistent	ADJ
gp-301	136	5	with	with	ADP
gp-301	136	6	the	the	DET
gp-301	136	7	research	research	NOUN
gp-301	136	8	of	of	ADP
gp-301	136	9	choiriya	choiriya	PROPN
gp-301	136	10	(	(	PUNCT
gp-301	136	11	t.t	t.t	PROPN
gp-301	136	12	.	.	PROPN
gp-301	136	13	)	)	PUNCT
gp-301	136	14	which	which	PRON
gp-301	136	15	found	find	VERB
gp-301	136	16	that	that	SCONJ
gp-301	136	17	roa	roa	PROPN
gp-301	136	18	has	have	VERB
gp-301	136	19	a	a	DET
gp-301	136	20	positive	positive	ADJ
gp-301	136	21	effect	effect	NOUN
gp-301	136	22	on	on	ADP
gp-301	136	23	stock	stock	NOUN
gp-301	136	24	prices	price	NOUN
gp-301	136	25	in	in	ADP
gp-301	136	26	banking	banking	NOUN
gp-301	136	27	companies	company	NOUN
gp-301	136	28	,	,	PUNCT
gp-301	136	29	as	as	ADV
gp-301	136	30	well	well	ADV
gp-301	136	31	as	as	ADP
gp-301	136	32	astuti	astuti	PROPN
gp-301	136	33	(	(	PUNCT
gp-301	136	34	2020	2020	NUM
gp-301	136	35	)	)	PUNCT
gp-301	136	36	research	research	NOUN
gp-301	136	37	which	which	PRON
gp-301	136	38	confirms	confirm	VERB
gp-301	136	39	the	the	DET
gp-301	136	40	positive	positive	ADJ
gp-301	136	41	influence	influence	NOUN
gp-301	136	42	of	of	ADP
gp-301	136	43	profitability	profitability	NOUN
gp-301	136	44	on	on	ADP
gp-301	136	45	stock	stock	NOUN
gp-301	136	46	prices	price	NOUN
gp-301	136	47	.	.	PUNCT
gp-301	137	1	in	in	ADP
gp-301	137	2	the	the	DET
gp-301	137	3	context	context	NOUN
gp-301	137	4	of	of	ADP
gp-301	137	5	the	the	DET
gp-301	137	6	automotive	automotive	ADJ
gp-301	137	7	industry	industry	NOUN
gp-301	137	8	,	,	PUNCT
gp-301	137	9	high	high	ADJ
gp-301	137	10	roa	roa	PROPN
gp-301	137	11	indicates	indicate	VERB
gp-301	137	12	the	the	DET
gp-301	137	13	company	company	NOUN
gp-301	137	14	's	's	PART
gp-301	137	15	ability	ability	NOUN
gp-301	137	16	to	to	PART
gp-301	137	17	optimize	optimize	VERB
gp-301	137	18	the	the	DET
gp-301	137	19	use	use	NOUN
gp-301	137	20	of	of	ADP
gp-301	137	21	american	american	ADJ
gp-301	137	22	journal	journal	PROPN
gp-301	137	23	of	of	ADP
gp-301	137	24	economic	economic	ADJ
gp-301	137	25	and	and	CCONJ
gp-301	137	26	management	management	NOUN
gp-301	137	27	business	business	NOUN
gp-301	137	28	vol	vol	NOUN
gp-301	137	29	.	.	PROPN
gp-301	138	1	4	4	NUM
gp-301	138	2	no	no	NOUN
gp-301	138	3	.	.	NOUN
gp-301	138	4	8	8	NUM
gp-301	138	5	agustus	agustus	NOUN
gp-301	138	6	2025	2025	NUM
gp-301	138	7	1297	1297	NUM
gp-301	138	8	productive	productive	ADJ
gp-301	138	9	assets	asset	NOUN
gp-301	138	10	,	,	PUNCT
gp-301	138	11	such	such	ADJ
gp-301	138	12	as	as	ADP
gp-301	138	13	machinery	machinery	NOUN
gp-301	138	14	,	,	PUNCT
gp-301	138	15	equipment	equipment	NOUN
gp-301	138	16	,	,	PUNCT
gp-301	138	17	and	and	CCONJ
gp-301	138	18	production	production	NOUN
gp-301	138	19	facilities	facility	NOUN
gp-301	138	20	,	,	PUNCT
gp-301	138	21	to	to	PART
gp-301	138	22	generate	generate	VERB
gp-301	138	23	maximum	maximum	ADJ
gp-301	138	24	revenue	revenue	NOUN
gp-301	138	25	.	.	PUNCT
gp-301	139	1	the	the	DET
gp-301	139	2	effect	effect	NOUN
gp-301	139	3	of	of	ADP
gp-301	139	4	debt	debt	NOUN
gp-301	139	5	to	to	ADP
gp-301	139	6	equity	equity	NOUN
gp-301	139	7	ratio	ratio	NOUN
gp-301	139	8	(	(	PUNCT
gp-301	139	9	der	der	NOUN
gp-301	139	10	)	)	PUNCT
gp-301	139	11	on	on	ADP
gp-301	139	12	stock	stock	NOUN
gp-301	139	13	prices	price	NOUN
gp-301	139	14	the	the	DET
gp-301	139	15	results	result	NOUN
gp-301	139	16	of	of	ADP
gp-301	139	17	the	the	DET
gp-301	139	18	study	study	NOUN
gp-301	139	19	show	show	VERB
gp-301	139	20	that	that	SCONJ
gp-301	139	21	der	der	NOUN
gp-301	139	22	does	do	AUX
gp-301	139	23	not	not	PART
gp-301	139	24	have	have	VERB
gp-301	139	25	a	a	DET
gp-301	139	26	significant	significant	ADJ
gp-301	139	27	effect	effect	NOUN
gp-301	139	28	on	on	ADP
gp-301	139	29	stock	stock	NOUN
gp-301	139	30	prices	price	NOUN
gp-301	139	31	.	.	PUNCT
gp-301	140	1	this	this	DET
gp-301	140	2	finding	finding	NOUN
gp-301	140	3	is	be	AUX
gp-301	140	4	in	in	ADP
gp-301	140	5	line	line	NOUN
gp-301	140	6	with	with	ADP
gp-301	140	7	research	research	NOUN
gp-301	140	8	by	by	ADP
gp-301	140	9	indradinata	indradinata	NOUN
gp-301	140	10	(	(	PUNCT
gp-301	140	11	2019	2019	NUM
gp-301	140	12	)	)	PUNCT
gp-301	140	13	who	who	PRON
gp-301	140	14	found	find	VERB
gp-301	140	15	that	that	PRON
gp-301	140	16	der	der	NOUN
gp-301	140	17	does	do	AUX
gp-301	140	18	not	not	PART
gp-301	140	19	always	always	ADV
gp-301	140	20	have	have	VERB
gp-301	140	21	a	a	DET
gp-301	140	22	significant	significant	ADJ
gp-301	140	23	effect	effect	NOUN
gp-301	140	24	on	on	ADP
gp-301	140	25	stock	stock	NOUN
gp-301	140	26	prices	price	NOUN
gp-301	140	27	,	,	PUNCT
gp-301	140	28	depending	depend	VERB
gp-301	140	29	on	on	ADP
gp-301	140	30	the	the	DET
gp-301	140	31	industry	industry	NOUN
gp-301	140	32	context	context	NOUN
gp-301	140	33	and	and	CCONJ
gp-301	140	34	economic	economic	ADJ
gp-301	140	35	conditions	condition	NOUN
gp-301	140	36	.	.	PUNCT
gp-301	141	1	this	this	PRON
gp-301	141	2	can	can	AUX
gp-301	141	3	be	be	AUX
gp-301	141	4	explained	explain	VERB
gp-301	141	5	because	because	SCONJ
gp-301	141	6	investors	investor	NOUN
gp-301	141	7	in	in	ADP
gp-301	141	8	the	the	DET
gp-301	141	9	automotive	automotive	ADJ
gp-301	141	10	industry	industry	NOUN
gp-301	141	11	consider	consider	VERB
gp-301	141	12	other	other	ADJ
gp-301	141	13	fundamental	fundamental	ADJ
gp-301	141	14	factors	factor	NOUN
gp-301	141	15	such	such	ADJ
gp-301	141	16	as	as	ADP
gp-301	141	17	profitability	profitability	NOUN
gp-301	141	18	,	,	PUNCT
gp-301	141	19	sales	sale	NOUN
gp-301	141	20	growth	growth	NOUN
gp-301	141	21	,	,	PUNCT
gp-301	141	22	and	and	CCONJ
gp-301	141	23	business	business	NOUN
gp-301	141	24	prospects	prospect	NOUN
gp-301	141	25	more	more	ADJ
gp-301	141	26	than	than	ADP
gp-301	141	27	capital	capital	NOUN
gp-301	141	28	structures	structure	NOUN
gp-301	141	29	.	.	PUNCT
gp-301	142	1	in	in	ADP
gp-301	142	2	addition	addition	NOUN
gp-301	142	3	,	,	PUNCT
gp-301	142	4	the	the	DET
gp-301	142	5	automotive	automotive	ADJ
gp-301	142	6	industry	industry	NOUN
gp-301	142	7	has	have	VERB
gp-301	142	8	a	a	DET
gp-301	142	9	special	special	ADJ
gp-301	142	10	characteristic	characteristic	NOUN
gp-301	142	11	where	where	SCONJ
gp-301	142	12	the	the	DET
gp-301	142	13	use	use	NOUN
gp-301	142	14	of	of	ADP
gp-301	142	15	debt	debt	NOUN
gp-301	142	16	for	for	ADP
gp-301	142	17	expansion	expansion	NOUN
gp-301	142	18	and	and	CCONJ
gp-301	142	19	working	working	NOUN
gp-301	142	20	capital	capital	NOUN
gp-301	142	21	investment	investment	NOUN
gp-301	142	22	is	be	AUX
gp-301	142	23	common	common	ADJ
gp-301	142	24	,	,	PUNCT
gp-301	142	25	so	so	SCONJ
gp-301	142	26	investors	investor	NOUN
gp-301	142	27	have	have	AUX
gp-301	142	28	taken	take	VERB
gp-301	142	29	into	into	ADP
gp-301	142	30	account	account	NOUN
gp-301	142	31	a	a	DET
gp-301	142	32	reasonable	reasonable	ADJ
gp-301	142	33	level	level	NOUN
gp-301	142	34	of	of	ADP
gp-301	142	35	leverage	leverage	NOUN
gp-301	142	36	for	for	ADP
gp-301	142	37	this	this	DET
gp-301	142	38	industry	industry	NOUN
gp-301	142	39	.	.	PUNCT
gp-301	143	1	this	this	DET
gp-301	143	2	study	study	NOUN
gp-301	143	3	supports	support	VERB
gp-301	143	4	the	the	DET
gp-301	143	5	findings	finding	NOUN
gp-301	143	6	of	of	ADP
gp-301	143	7	kemalasari	kemalasari	PROPN
gp-301	143	8	&	&	CCONJ
gp-301	143	9	norita	norita	PROPN
gp-301	143	10	(	(	PUNCT
gp-301	143	11	2019	2019	NUM
gp-301	143	12	)	)	PUNCT
gp-301	143	13	which	which	PRON
gp-301	143	14	show	show	VERB
gp-301	143	15	that	that	SCONJ
gp-301	143	16	the	the	DET
gp-301	143	17	influence	influence	NOUN
gp-301	143	18	of	of	ADP
gp-301	143	19	der	der	NOUN
gp-301	143	20	is	be	AUX
gp-301	143	21	conditional	conditional	ADJ
gp-301	143	22	and	and	CCONJ
gp-301	143	23	influenced	influence	VERB
gp-301	143	24	by	by	ADP
gp-301	143	25	other	other	ADJ
gp-301	143	26	factors	factor	NOUN
gp-301	143	27	in	in	ADP
gp-301	143	28	the	the	DET
gp-301	143	29	company	company	NOUN
gp-301	143	30	.	.	PUNCT
gp-301	144	1	the	the	DET
gp-301	144	2	effect	effect	NOUN
gp-301	144	3	of	of	ADP
gp-301	144	4	inflation	inflation	NOUN
gp-301	144	5	on	on	ADP
gp-301	144	6	stock	stock	NOUN
gp-301	144	7	prices	price	NOUN
gp-301	144	8	the	the	DET
gp-301	144	9	results	result	NOUN
gp-301	144	10	of	of	ADP
gp-301	144	11	the	the	DET
gp-301	144	12	study	study	NOUN
gp-301	144	13	show	show	VERB
gp-301	144	14	that	that	SCONJ
gp-301	144	15	inflation	inflation	NOUN
gp-301	144	16	does	do	AUX
gp-301	144	17	not	not	PART
gp-301	144	18	have	have	VERB
gp-301	144	19	a	a	DET
gp-301	144	20	significant	significant	ADJ
gp-301	144	21	effect	effect	NOUN
gp-301	144	22	on	on	ADP
gp-301	144	23	the	the	DET
gp-301	144	24	stock	stock	NOUN
gp-301	144	25	prices	price	NOUN
gp-301	144	26	of	of	ADP
gp-301	144	27	companies	company	NOUN
gp-301	144	28	in	in	ADP
gp-301	144	29	the	the	DET
gp-301	144	30	automotive	automotive	ADJ
gp-301	144	31	and	and	CCONJ
gp-301	144	32	component	component	NOUN
gp-301	144	33	industries	industry	NOUN
gp-301	144	34	.	.	PUNCT
gp-301	145	1	this	this	DET
gp-301	145	2	finding	finding	NOUN
gp-301	145	3	is	be	AUX
gp-301	145	4	different	different	ADJ
gp-301	145	5	from	from	ADP
gp-301	145	6	several	several	ADJ
gp-301	145	7	previous	previous	ADJ
gp-301	145	8	studies	study	NOUN
gp-301	145	9	that	that	PRON
gp-301	145	10	found	find	VERB
gp-301	145	11	a	a	DET
gp-301	145	12	significant	significant	ADJ
gp-301	145	13	effect	effect	NOUN
gp-301	145	14	of	of	ADP
gp-301	145	15	inflation	inflation	NOUN
gp-301	145	16	on	on	ADP
gp-301	145	17	stock	stock	NOUN
gp-301	145	18	prices	price	NOUN
gp-301	145	19	.	.	PUNCT
gp-301	146	1	however	however	ADV
gp-301	146	2	,	,	PUNCT
gp-301	146	3	these	these	DET
gp-301	146	4	results	result	NOUN
gp-301	146	5	can	can	AUX
gp-301	146	6	be	be	AUX
gp-301	146	7	explained	explain	VERB
gp-301	146	8	through	through	ADP
gp-301	146	9	several	several	ADJ
gp-301	146	10	perspectives	perspective	NOUN
gp-301	146	11	.	.	PUNCT
gp-301	147	1	first	first	ADV
gp-301	147	2	,	,	PUNCT
gp-301	147	3	automotive	automotive	ADJ
gp-301	147	4	companies	company	NOUN
gp-301	147	5	have	have	VERB
gp-301	147	6	the	the	DET
gp-301	147	7	ability	ability	NOUN
gp-301	147	8	to	to	PART
gp-301	147	9	adjust	adjust	VERB
gp-301	147	10	product	product	NOUN
gp-301	147	11	prices	price	NOUN
gp-301	147	12	in	in	ADP
gp-301	147	13	line	line	NOUN
gp-301	147	14	with	with	ADP
gp-301	147	15	the	the	DET
gp-301	147	16	increase	increase	NOUN
gp-301	147	17	in	in	ADP
gp-301	147	18	inflation	inflation	NOUN
gp-301	147	19	,	,	PUNCT
gp-301	147	20	so	so	SCONJ
gp-301	147	21	that	that	SCONJ
gp-301	147	22	the	the	DET
gp-301	147	23	impact	impact	NOUN
gp-301	147	24	of	of	ADP
gp-301	147	25	inflation	inflation	NOUN
gp-301	147	26	can	can	AUX
gp-301	147	27	be	be	AUX
gp-301	147	28	minimized	minimize	VERB
gp-301	147	29	through	through	ADP
gp-301	147	30	an	an	DET
gp-301	147	31	adaptive	adaptive	ADJ
gp-301	147	32	pricing	pricing	NOUN
gp-301	147	33	strategy	strategy	NOUN
gp-301	147	34	.	.	PUNCT
gp-301	148	1	second	second	ADJ
gp-301	148	2	,	,	PUNCT
gp-301	148	3	indonesia	indonesia	PROPN
gp-301	148	4	's	's	PART
gp-301	148	5	automotive	automotive	ADJ
gp-301	148	6	industry	industry	NOUN
gp-301	148	7	is	be	AUX
gp-301	148	8	dominated	dominate	VERB
gp-301	148	9	by	by	ADP
gp-301	148	10	large	large	ADJ
gp-301	148	11	companies	company	NOUN
gp-301	148	12	with	with	ADP
gp-301	148	13	extensive	extensive	ADJ
gp-301	148	14	product	product	NOUN
gp-301	148	15	diversification	diversification	NOUN
gp-301	148	16	,	,	PUNCT
gp-301	148	17	so	so	SCONJ
gp-301	148	18	it	it	PRON
gp-301	148	19	has	have	VERB
gp-301	148	20	good	good	ADJ
gp-301	148	21	resilience	resilience	NOUN
gp-301	148	22	to	to	ADP
gp-301	148	23	inflation	inflation	NOUN
gp-301	148	24	fluctuations	fluctuation	NOUN
gp-301	148	25	.	.	PUNCT
gp-301	149	1	third	third	ADV
gp-301	149	2	,	,	PUNCT
gp-301	149	3	the	the	DET
gp-301	149	4	research	research	NOUN
gp-301	149	5	period	period	NOUN
gp-301	149	6	(	(	PUNCT
gp-301	149	7	2020	2020	NUM
gp-301	149	8	-	-	SYM
gp-301	149	9	2024	2024	NUM
gp-301	149	10	)	)	PUNCT
gp-301	149	11	covers	cover	VERB
gp-301	149	12	the	the	DET
gp-301	149	13	pandemic	pandemic	ADJ
gp-301	149	14	era	era	NOUN
gp-301	149	15	and	and	CCONJ
gp-301	149	16	economic	economic	ADJ
gp-301	149	17	recovery	recovery	NOUN
gp-301	149	18	where	where	SCONJ
gp-301	149	19	other	other	ADJ
gp-301	149	20	factors	factor	NOUN
gp-301	149	21	such	such	ADJ
gp-301	149	22	as	as	ADP
gp-301	149	23	supply	supply	NOUN
gp-301	149	24	chain	chain	NOUN
gp-301	149	25	disruptions	disruption	NOUN
gp-301	149	26	and	and	CCONJ
gp-301	149	27	changes	change	NOUN
gp-301	149	28	in	in	ADP
gp-301	149	29	consumption	consumption	NOUN
gp-301	149	30	patterns	pattern	NOUN
gp-301	149	31	have	have	VERB
gp-301	149	32	a	a	DET
gp-301	149	33	more	more	ADV
gp-301	149	34	dominant	dominant	ADJ
gp-301	149	35	influence	influence	NOUN
gp-301	149	36	than	than	ADP
gp-301	149	37	inflation	inflation	NOUN
gp-301	149	38	.	.	PUNCT
gp-301	150	1	simultaneous	simultaneous	ADJ
gp-301	150	2	effect	effect	NOUN
gp-301	150	3	of	of	ADP
gp-301	150	4	roa	roa	PROPN
gp-301	150	5	,	,	PUNCT
gp-301	150	6	der	der	NOUN
gp-301	150	7	,	,	PUNCT
gp-301	150	8	and	and	CCONJ
gp-301	150	9	inflation	inflation	NOUN
gp-301	150	10	on	on	ADP
gp-301	150	11	stock	stock	NOUN
gp-301	150	12	prices	price	NOUN
gp-301	150	13	the	the	DET
gp-301	150	14	results	result	NOUN
gp-301	150	15	of	of	ADP
gp-301	150	16	the	the	DET
gp-301	150	17	simultaneous	simultaneous	ADJ
gp-301	150	18	test	test	NOUN
gp-301	150	19	show	show	NOUN
gp-301	150	20	that	that	SCONJ
gp-301	150	21	roa	roa	PROPN
gp-301	150	22	,	,	PUNCT
gp-301	150	23	der	der	NOUN
gp-301	150	24	,	,	PUNCT
gp-301	150	25	and	and	CCONJ
gp-301	150	26	inflation	inflation	NOUN
gp-301	150	27	together	together	ADV
gp-301	150	28	have	have	AUX
gp-301	150	29	a	a	DET
gp-301	150	30	significant	significant	ADJ
gp-301	150	31	effect	effect	NOUN
gp-301	150	32	on	on	ADP
gp-301	150	33	stock	stock	NOUN
gp-301	150	34	prices	price	NOUN
gp-301	150	35	.	.	PUNCT
gp-301	151	1	this	this	PRON
gp-301	151	2	indicates	indicate	VERB
gp-301	151	3	that	that	SCONJ
gp-301	151	4	although	although	SCONJ
gp-301	151	5	individually	individually	ADV
gp-301	151	6	der	der	NOUN
gp-301	151	7	and	and	CCONJ
gp-301	151	8	inflation	inflation	NOUN
gp-301	151	9	do	do	AUX
gp-301	151	10	not	not	PART
gp-301	151	11	have	have	VERB
gp-301	151	12	a	a	DET
gp-301	151	13	significant	significant	ADJ
gp-301	151	14	effect	effect	NOUN
gp-301	151	15	,	,	PUNCT
gp-301	151	16	the	the	DET
gp-301	151	17	combination	combination	NOUN
gp-301	151	18	of	of	ADP
gp-301	151	19	these	these	DET
gp-301	151	20	three	three	NUM
gp-301	151	21	variables	variable	NOUN
gp-301	151	22	provides	provide	VERB
gp-301	151	23	relevant	relevant	ADJ
gp-301	151	24	information	information	NOUN
gp-301	151	25	for	for	ADP
gp-301	151	26	investors	investor	NOUN
gp-301	151	27	in	in	ADP
gp-301	151	28	assessing	assess	VERB
gp-301	151	29	stock	stock	NOUN
gp-301	151	30	prices	price	NOUN
gp-301	151	31	.	.	PUNCT
gp-301	152	1	these	these	DET
gp-301	152	2	findings	finding	NOUN
gp-301	152	3	are	be	AUX
gp-301	152	4	in	in	ADP
gp-301	152	5	line	line	NOUN
gp-301	152	6	with	with	ADP
gp-301	152	7	modern	modern	ADJ
gp-301	152	8	portfolio	portfolio	NOUN
gp-301	152	9	theory	theory	NOUN
gp-301	152	10	which	which	PRON
gp-301	152	11	states	state	VERB
gp-301	152	12	that	that	SCONJ
gp-301	152	13	investors	investor	NOUN
gp-301	152	14	consider	consider	VERB
gp-301	152	15	multiple	multiple	ADJ
gp-301	152	16	factors	factor	NOUN
gp-301	152	17	in	in	ADP
gp-301	152	18	their	their	PRON
gp-301	152	19	investment	investment	NOUN
gp-301	152	20	decision	decision	NOUN
gp-301	152	21	-	-	PUNCT
gp-301	152	22	making	making	NOUN
gp-301	152	23	.	.	PUNCT
gp-301	153	1	although	although	SCONJ
gp-301	153	2	roa	roa	PROPN
gp-301	153	3	is	be	AUX
gp-301	153	4	the	the	DET
gp-301	153	5	dominant	dominant	ADJ
gp-301	153	6	factor	factor	NOUN
gp-301	153	7	,	,	PUNCT
gp-301	153	8	the	the	DET
gp-301	153	9	combination	combination	NOUN
gp-301	153	10	with	with	ADP
gp-301	153	11	capital	capital	NOUN
gp-301	153	12	structure	structure	NOUN
gp-301	153	13	information	information	NOUN
gp-301	153	14	(	(	PUNCT
gp-301	153	15	der	der	NOUN
gp-301	153	16	)	)	PUNCT
gp-301	153	17	and	and	CCONJ
gp-301	153	18	macroeconomic	macroeconomic	ADJ
gp-301	153	19	conditions	condition	NOUN
gp-301	153	20	(	(	PUNCT
gp-301	153	21	inflation	inflation	NOUN
gp-301	153	22	)	)	PUNCT
gp-301	153	23	provides	provide	VERB
gp-301	153	24	a	a	DET
gp-301	153	25	more	more	ADV
gp-301	153	26	comprehensive	comprehensive	ADJ
gp-301	153	27	picture	picture	NOUN
gp-301	153	28	of	of	ADP
gp-301	153	29	the	the	DET
gp-301	153	30	company	company	NOUN
gp-301	153	31	's	's	PART
gp-301	153	32	condition	condition	NOUN
gp-301	153	33	and	and	CCONJ
gp-301	153	34	its	its	PRON
gp-301	153	35	business	business	NOUN
gp-301	153	36	environment	environment	NOUN
gp-301	153	37	.	.	PUNCT
gp-301	154	1	managerial	managerial	ADJ
gp-301	154	2	implications	implication	NOUN
gp-301	154	3	based	base	VERB
gp-301	154	4	on	on	ADP
gp-301	154	5	the	the	DET
gp-301	154	6	results	result	NOUN
gp-301	154	7	of	of	ADP
gp-301	154	8	the	the	DET
gp-301	154	9	study	study	NOUN
gp-301	154	10	,	,	PUNCT
gp-301	154	11	there	there	PRON
gp-301	154	12	are	be	VERB
gp-301	154	13	several	several	ADJ
gp-301	154	14	important	important	ADJ
gp-301	154	15	managerial	managerial	ADJ
gp-301	154	16	implications	implication	NOUN
gp-301	154	17	:	:	PUNCT
gp-301	154	18	(	(	PUNCT
gp-301	154	19	1	1	X
gp-301	154	20	)	)	PUNCT
gp-301	154	21	focus	focus	NOUN
gp-301	154	22	on	on	ADP
gp-301	154	23	increasing	increase	VERB
gp-301	154	24	roa	roa	NOUN
gp-301	154	25	:	:	PUNCT
gp-301	154	26	automotive	automotive	ADJ
gp-301	154	27	company	company	NOUN
gp-301	154	28	management	management	NOUN
gp-301	154	29	must	must	AUX
gp-301	154	30	prioritize	prioritize	VERB
gp-301	154	31	improving	improve	VERB
gp-301	154	32	the	the	DET
gp-301	154	33	efficiency	efficiency	NOUN
gp-301	154	34	of	of	ADP
gp-301	154	35	asset	asset	NOUN
gp-301	154	36	use	use	NOUN
gp-301	154	37	through	through	ADP
gp-301	154	38	operational	operational	ADJ
gp-301	154	39	optimization	optimization	NOUN
gp-301	154	40	,	,	PUNCT
gp-301	154	41	cost	cost	NOUN
gp-301	154	42	management	management	NOUN
gp-301	154	43	,	,	PUNCT
gp-301	154	44	and	and	CCONJ
gp-301	154	45	revenue	revenue	NOUN
gp-301	154	46	increase	increase	NOUN
gp-301	154	47	strategies	strategy	NOUN
gp-301	154	48	;	;	PUNCT
gp-301	154	49	(	(	PUNCT
gp-301	154	50	2	2	X
gp-301	154	51	)	)	PUNCT
gp-301	154	52	capital	capital	NOUN
gp-301	154	53	structure	structure	NOUN
gp-301	154	54	management	management	NOUN
gp-301	154	55	:	:	PUNCT
gp-301	154	56	although	although	SCONJ
gp-301	154	57	der	der	NOUN
gp-301	154	58	does	do	AUX
gp-301	154	59	not	not	PART
gp-301	154	60	have	have	VERB
gp-301	154	61	a	a	DET
gp-301	154	62	significant	significant	ADJ
gp-301	154	63	effect	effect	NOUN
gp-301	154	64	,	,	PUNCT
gp-301	154	65	companies	company	NOUN
gp-301	154	66	still	still	ADV
gp-301	154	67	need	need	VERB
gp-301	154	68	to	to	PART
gp-301	154	69	maintain	maintain	VERB
gp-301	154	70	a	a	DET
gp-301	154	71	sound	sound	ADJ
gp-301	154	72	financial	financial	ADJ
gp-301	154	73	structure	structure	NOUN
gp-301	154	74	to	to	PART
gp-301	154	75	avoid	avoid	VERB
gp-301	154	76	longterm	longterm	ADJ
gp-301	154	77	financial	financial	ADJ
gp-301	154	78	risks	risk	NOUN
gp-301	154	79	;	;	PUNCT
gp-301	154	80	(	(	PUNCT
gp-301	154	81	3	3	X
gp-301	154	82	)	)	PUNCT
gp-301	154	83	inflation	inflation	NOUN
gp-301	154	84	adaptation	adaptation	NOUN
gp-301	154	85	strategy	strategy	NOUN
gp-301	154	86	:	:	PUNCT
gp-301	154	87	companies	company	NOUN
gp-301	154	88	need	need	VERB
gp-301	154	89	to	to	PART
gp-301	154	90	develop	develop	VERB
gp-301	154	91	price	price	NOUN
gp-301	154	92	adjustment	adjustment	NOUN
gp-301	154	93	mechanisms	mechanism	NOUN
gp-301	154	94	and	and	CCONJ
gp-301	154	95	operational	operational	ADJ
gp-301	154	96	efficiency	efficiency	NOUN
gp-301	154	97	to	to	PART
gp-301	154	98	anticipate	anticipate	VERB
gp-301	154	99	the	the	DET
gp-301	154	100	impact	impact	NOUN
gp-301	154	101	of	of	ADP
gp-301	154	102	inflation	inflation	NOUN
gp-301	154	103	;	;	PUNCT
gp-301	154	104	(	(	PUNCT
gp-301	154	105	4	4	X
gp-301	154	106	)	)	PUNCT
gp-301	154	107	american	american	ADJ
gp-301	154	108	journal	journal	PROPN
gp-301	154	109	of	of	ADP
gp-301	154	110	economic	economic	ADJ
gp-301	154	111	and	and	CCONJ
gp-301	154	112	management	management	NOUN
gp-301	154	113	business	business	NOUN
gp-301	154	114	vol	vol	NOUN
gp-301	154	115	.	.	PROPN
gp-301	155	1	4	4	NUM
gp-301	156	1	no	no	NOUN
gp-301	156	2	.	.	NOUN
gp-301	156	3	8	8	NUM
gp-301	156	4	agustus	agustus	NOUN
gp-301	156	5	2025	2025	NUM
gp-301	156	6	1298	1298	NUM
gp-301	156	7	focus	focus	NOUN
gp-301	156	8	on	on	ADP
gp-301	156	9	fundamental	fundamental	ADJ
gp-301	156	10	factors	factor	NOUN
gp-301	156	11	:	:	PUNCT
gp-301	156	12	given	give	VERB
gp-301	156	13	the	the	DET
gp-301	156	14	low	low	ADJ
gp-301	156	15	r	r	NOUN
gp-301	156	16	-	-	PUNCT
gp-301	156	17	squared	square	VERB
gp-301	156	18	value	value	NOUN
gp-301	156	19	(	(	PUNCT
gp-301	156	20	14.2035	14.2035	NUM
gp-301	156	21	%	%	NOUN
gp-301	156	22	)	)	PUNCT
gp-301	156	23	,	,	PUNCT
gp-301	156	24	management	management	NOUN
gp-301	156	25	needs	need	VERB
gp-301	156	26	to	to	PART
gp-301	156	27	identify	identify	VERB
gp-301	156	28	and	and	CCONJ
gp-301	156	29	manage	manage	VERB
gp-301	156	30	other	other	ADJ
gp-301	156	31	factors	factor	NOUN
gp-301	156	32	that	that	PRON
gp-301	156	33	affect	affect	VERB
gp-301	156	34	stock	stock	NOUN
gp-301	156	35	prices	price	NOUN
gp-301	156	36	,	,	PUNCT
gp-301	156	37	such	such	ADJ
gp-301	156	38	as	as	ADP
gp-301	156	39	product	product	NOUN
gp-301	156	40	innovation	innovation	NOUN
gp-301	156	41	,	,	PUNCT
gp-301	156	42	market	market	NOUN
gp-301	156	43	expansion	expansion	NOUN
gp-301	156	44	,	,	PUNCT
gp-301	156	45	and	and	CCONJ
gp-301	156	46	competitive	competitive	ADJ
gp-301	156	47	strategies	strategy	NOUN
gp-301	156	48	.	.	PUNCT
gp-301	157	1	research	research	NOUN
gp-301	157	2	limitations	limitation	NOUN
gp-301	157	3	this	this	DET
gp-301	157	4	study	study	NOUN
gp-301	157	5	has	have	VERB
gp-301	157	6	several	several	ADJ
gp-301	157	7	limitations	limitation	NOUN
gp-301	157	8	that	that	PRON
gp-301	157	9	need	need	VERB
gp-301	157	10	to	to	PART
gp-301	157	11	be	be	AUX
gp-301	157	12	considered	consider	VERB
gp-301	157	13	:	:	PUNCT
gp-301	157	14	(	(	PUNCT
gp-301	157	15	1	1	X
gp-301	157	16	)	)	PUNCT
gp-301	157	17	model	model	NOUN
gp-301	157	18	predictability	predictability	NOUN
gp-301	157	19	:	:	PUNCT
gp-301	157	20	the	the	DET
gp-301	157	21	relatively	relatively	ADV
gp-301	157	22	low	low	ADJ
gp-301	157	23	r	r	NOUN
gp-301	157	24	-	-	PUNCT
gp-301	157	25	squared	square	VERB
gp-301	157	26	value	value	NOUN
gp-301	157	27	(	(	PUNCT
gp-301	157	28	14.2035	14.2035	NUM
gp-301	157	29	%	%	NOUN
gp-301	157	30	)	)	PUNCT
gp-301	157	31	indicates	indicate	VERB
gp-301	157	32	that	that	SCONJ
gp-301	157	33	there	there	PRON
gp-301	157	34	are	be	VERB
gp-301	157	35	still	still	ADV
gp-301	157	36	many	many	ADJ
gp-301	157	37	other	other	ADJ
gp-301	157	38	factors	factor	NOUN
gp-301	157	39	that	that	PRON
gp-301	157	40	affect	affect	VERB
gp-301	157	41	stock	stock	NOUN
gp-301	157	42	prices	price	NOUN
gp-301	157	43	but	but	CCONJ
gp-301	157	44	are	be	AUX
gp-301	157	45	not	not	PART
gp-301	157	46	included	include	VERB
gp-301	157	47	in	in	ADP
gp-301	157	48	the	the	DET
gp-301	157	49	model	model	NOUN
gp-301	157	50	;	;	PUNCT
gp-301	157	51	(	(	PUNCT
gp-301	157	52	2	2	X
gp-301	157	53	)	)	PUNCT
gp-301	157	54	research	research	NOUN
gp-301	157	55	period	period	NOUN
gp-301	157	56	:	:	PUNCT
gp-301	157	57	the	the	DET
gp-301	157	58	2020	2020	NUM
gp-301	157	59	-	-	SYM
gp-301	157	60	2024	2024	NUM
gp-301	157	61	period	period	NOUN
gp-301	157	62	covers	cover	VERB
gp-301	157	63	the	the	DET
gp-301	157	64	era	era	NOUN
gp-301	157	65	of	of	ADP
gp-301	157	66	the	the	DET
gp-301	157	67	covid-19	covid-19	PROPN
gp-301	157	68	pandemic	pandemic	NOUN
gp-301	157	69	which	which	PRON
gp-301	157	70	may	may	AUX
gp-301	157	71	create	create	VERB
gp-301	157	72	anomalies	anomaly	NOUN
gp-301	157	73	in	in	ADP
gp-301	157	74	the	the	DET
gp-301	157	75	pattern	pattern	NOUN
gp-301	157	76	of	of	ADP
gp-301	157	77	relationships	relationship	NOUN
gp-301	157	78	between	between	ADP
gp-301	157	79	variables	variable	NOUN
gp-301	157	80	;	;	PUNCT
gp-301	157	81	(	(	PUNCT
gp-301	157	82	3	3	X
gp-301	157	83	)	)	PUNCT
gp-301	157	84	macroeconomic	macroeconomic	ADJ
gp-301	157	85	variables	variable	NOUN
gp-301	157	86	:	:	PUNCT
gp-301	157	87	this	this	DET
gp-301	157	88	study	study	NOUN
gp-301	157	89	only	only	ADV
gp-301	157	90	uses	use	VERB
gp-301	157	91	inflation	inflation	NOUN
gp-301	157	92	as	as	ADP
gp-301	157	93	a	a	DET
gp-301	157	94	proxy	proxy	NOUN
gp-301	157	95	for	for	ADP
gp-301	157	96	macroeconomic	macroeconomic	ADJ
gp-301	157	97	conditions	condition	NOUN
gp-301	157	98	,	,	PUNCT
gp-301	157	99	even	even	ADV
gp-301	157	100	though	though	SCONJ
gp-301	157	101	there	there	PRON
gp-301	157	102	are	be	VERB
gp-301	157	103	other	other	ADJ
gp-301	157	104	relevant	relevant	ADJ
gp-301	157	105	macroeconomic	macroeconomic	ADJ
gp-301	157	106	factors	factor	NOUN
gp-301	157	107	such	such	ADJ
gp-301	157	108	as	as	ADP
gp-301	157	109	interest	interest	NOUN
gp-301	157	110	rates	rate	NOUN
gp-301	157	111	,	,	PUNCT
gp-301	157	112	exchange	exchange	NOUN
gp-301	157	113	rates	rate	NOUN
gp-301	157	114	,	,	PUNCT
gp-301	157	115	and	and	CCONJ
gp-301	157	116	economic	economic	ADJ
gp-301	157	117	growth	growth	NOUN
gp-301	157	118	;	;	PUNCT
gp-301	157	119	(	(	PUNCT
gp-301	157	120	4	4	X
gp-301	157	121	)	)	PUNCT
gp-301	157	122	industry	industry	NOUN
gp-301	157	123	-	-	PUNCT
gp-301	157	124	specific	specific	ADJ
gp-301	157	125	factors	factor	NOUN
gp-301	157	126	:	:	PUNCT
gp-301	157	127	the	the	DET
gp-301	157	128	model	model	NOUN
gp-301	157	129	has	have	AUX
gp-301	157	130	not	not	PART
gp-301	157	131	included	include	VERB
gp-301	157	132	automotive	automotive	ADJ
gp-301	157	133	industry	industry	NOUN
gp-301	157	134	-	-	PUNCT
gp-301	157	135	specific	specific	ADJ
gp-301	157	136	factors	factor	NOUN
gp-301	157	137	such	such	ADJ
gp-301	157	138	as	as	ADP
gp-301	157	139	government	government	NOUN
gp-301	157	140	policies	policy	NOUN
gp-301	157	141	on	on	ADP
gp-301	157	142	the	the	DET
gp-301	157	143	automotive	automotive	ADJ
gp-301	157	144	industry	industry	NOUN
gp-301	157	145	,	,	PUNCT
gp-301	157	146	technological	technological	ADJ
gp-301	157	147	changes	change	NOUN
gp-301	157	148	,	,	PUNCT
gp-301	157	149	and	and	CCONJ
gp-301	157	150	vehicle	vehicle	NOUN
gp-301	157	151	electrification	electrification	NOUN
gp-301	157	152	trends	trend	NOUN
gp-301	157	153	.	.	PUNCT
gp-301	158	1	conclusion	conclusion	NOUN
gp-301	158	2	based	base	VERB
gp-301	158	3	on	on	ADP
gp-301	158	4	the	the	DET
gp-301	158	5	results	result	NOUN
gp-301	158	6	of	of	ADP
gp-301	158	7	the	the	DET
gp-301	158	8	analysis	analysis	NOUN
gp-301	158	9	of	of	ADP
gp-301	158	10	65	65	NUM
gp-301	158	11	observations	observation	NOUN
gp-301	158	12	from	from	ADP
gp-301	158	13	13	13	NUM
gp-301	158	14	automotive	automotive	ADJ
gp-301	158	15	and	and	CCONJ
gp-301	158	16	component	component	NOUN
gp-301	158	17	industry	industry	NOUN
gp-301	158	18	companies	company	NOUN
gp-301	158	19	listed	list	VERB
gp-301	158	20	on	on	ADP
gp-301	158	21	the	the	DET
gp-301	158	22	idx	idx	NOUN
gp-301	158	23	for	for	ADP
gp-301	158	24	the	the	DET
gp-301	158	25	2020	2020	NUM
gp-301	158	26	-	-	SYM
gp-301	158	27	2024	2024	NUM
gp-301	158	28	period	period	NOUN
gp-301	158	29	,	,	PUNCT
gp-301	158	30	it	it	PRON
gp-301	158	31	can	can	AUX
gp-301	158	32	be	be	AUX
gp-301	158	33	concluded	conclude	VERB
gp-301	158	34	that	that	SCONJ
gp-301	158	35	simultaneously	simultaneously	ADV
gp-301	158	36	return	return	VERB
gp-301	158	37	on	on	ADP
gp-301	158	38	assets	asset	NOUN
gp-301	158	39	(	(	PUNCT
gp-301	158	40	roa	roa	NOUN
gp-301	158	41	)	)	PUNCT
gp-301	158	42	,	,	PUNCT
gp-301	158	43	debt	debt	NOUN
gp-301	158	44	to	to	ADP
gp-301	158	45	equity	equity	NOUN
gp-301	158	46	ratio	ratio	NOUN
gp-301	158	47	(	(	PUNCT
gp-301	158	48	der	der	NOUN
gp-301	158	49	)	)	PUNCT
gp-301	158	50	,	,	PUNCT
gp-301	158	51	and	and	CCONJ
gp-301	158	52	inflation	inflation	NOUN
gp-301	158	53	have	have	VERB
gp-301	158	54	a	a	DET
gp-301	158	55	significant	significant	ADJ
gp-301	158	56	effect	effect	NOUN
gp-301	158	57	on	on	ADP
gp-301	158	58	stock	stock	NOUN
gp-301	158	59	prices	price	NOUN
gp-301	158	60	with	with	ADP
gp-301	158	61	an	an	DET
gp-301	158	62	f	f	NOUN
gp-301	158	63	-	-	PUNCT
gp-301	158	64	value	value	NOUN
gp-301	158	65	of	of	ADP
gp-301	158	66	3.366161	3.366161	NUM
gp-301	158	67	and	and	CCONJ
gp-301	158	68	a	a	DET
gp-301	158	69	p	p	NOUN
gp-301	158	70	-	-	PUNCT
gp-301	158	71	value	value	NOUN
gp-301	158	72	of	of	ADP
gp-301	158	73	0.000	0.000	NUM
gp-301	158	74	.	.	PUNCT
gp-301	159	1	partially	partially	ADV
gp-301	159	2	,	,	PUNCT
gp-301	159	3	roa	roa	PROPN
gp-301	159	4	was	be	AUX
gp-301	159	5	proven	prove	VERB
gp-301	159	6	to	to	PART
gp-301	159	7	have	have	VERB
gp-301	159	8	a	a	DET
gp-301	159	9	positive	positive	ADJ
gp-301	159	10	and	and	CCONJ
gp-301	159	11	significant	significant	ADJ
gp-301	159	12	effect	effect	NOUN
gp-301	159	13	on	on	ADP
gp-301	159	14	the	the	DET
gp-301	159	15	stock	stock	NOUN
gp-301	159	16	price	price	NOUN
gp-301	159	17	with	with	ADP
gp-301	159	18	a	a	DET
gp-301	159	19	coefficient	coefficient	NOUN
gp-301	159	20	of	of	ADP
gp-301	159	21	122.0658	122.0658	NUM
gp-301	159	22	,	,	PUNCT
gp-301	159	23	which	which	PRON
gp-301	159	24	indicates	indicate	VERB
gp-301	159	25	that	that	SCONJ
gp-301	159	26	any	any	DET
gp-301	159	27	increase	increase	NOUN
gp-301	159	28	in	in	ADP
gp-301	159	29	roa	roa	NOUN
gp-301	159	30	of	of	ADP
gp-301	159	31	1	1	NUM
gp-301	159	32	%	%	NOUN
gp-301	159	33	will	will	AUX
gp-301	159	34	increase	increase	VERB
gp-301	159	35	the	the	DET
gp-301	159	36	share	share	NOUN
gp-301	159	37	price	price	NOUN
gp-301	159	38	by	by	ADP
gp-301	159	39	122.0658	122.0658	NUM
gp-301	159	40	units	unit	NOUN
gp-301	159	41	.	.	PUNCT
gp-301	160	1	in	in	ADP
gp-301	160	2	contrast	contrast	NOUN
gp-301	160	3	,	,	PUNCT
gp-301	160	4	der	der	NOUN
gp-301	160	5	and	and	CCONJ
gp-301	160	6	inflation	inflation	NOUN
gp-301	160	7	did	do	AUX
gp-301	160	8	not	not	PART
gp-301	160	9	show	show	VERB
gp-301	160	10	a	a	DET
gp-301	160	11	significant	significant	ADJ
gp-301	160	12	influence	influence	NOUN
gp-301	160	13	on	on	ADP
gp-301	160	14	the	the	DET
gp-301	160	15	stock	stock	NOUN
gp-301	160	16	price	price	NOUN
gp-301	160	17	with	with	ADP
gp-301	160	18	p	p	NOUN
gp-301	160	19	-	-	PUNCT
gp-301	160	20	values	value	NOUN
gp-301	160	21	of	of	ADP
gp-301	160	22	0.2578	0.2578	NUM
gp-301	160	23	and	and	CCONJ
gp-301	160	24	0.5027	0.5027	NUM
gp-301	160	25	,	,	PUNCT
gp-301	160	26	respectively	respectively	ADV
gp-301	160	27	.	.	PUNCT
gp-301	161	1	the	the	DET
gp-301	161	2	determination	determination	NOUN
gp-301	161	3	coefficient	coefficient	NOUN
gp-301	161	4	of	of	ADP
gp-301	161	5	14.2035	14.2035	NUM
gp-301	161	6	%	%	NOUN
gp-301	161	7	indicates	indicate	VERB
gp-301	161	8	that	that	SCONJ
gp-301	161	9	the	the	DET
gp-301	161	10	variables	variable	NOUN
gp-301	161	11	in	in	ADP
gp-301	161	12	the	the	DET
gp-301	161	13	model	model	NOUN
gp-301	161	14	are	be	AUX
gp-301	161	15	only	only	ADV
gp-301	161	16	able	able	ADJ
gp-301	161	17	to	to	PART
gp-301	161	18	explain	explain	VERB
gp-301	161	19	a	a	DET
gp-301	161	20	small	small	ADJ
gp-301	161	21	fraction	fraction	NOUN
gp-301	161	22	of	of	ADP
gp-301	161	23	the	the	DET
gp-301	161	24	variation	variation	NOUN
gp-301	161	25	in	in	ADP
gp-301	161	26	stock	stock	NOUN
gp-301	161	27	prices	price	NOUN
gp-301	161	28	,	,	PUNCT
gp-301	161	29	indicating	indicate	VERB
gp-301	161	30	the	the	DET
gp-301	161	31	need	need	NOUN
gp-301	161	32	for	for	ADP
gp-301	161	33	further	further	ADJ
gp-301	161	34	research	research	NOUN
gp-301	161	35	with	with	ADP
gp-301	161	36	additional	additional	ADJ
gp-301	161	37	variables	variable	NOUN
gp-301	161	38	that	that	PRON
gp-301	161	39	are	be	AUX
gp-301	161	40	more	more	ADV
gp-301	161	41	comprehensive	comprehensive	ADJ
gp-301	161	42	.	.	PUNCT
gp-301	162	1	the	the	DET
gp-301	162	2	managerial	managerial	ADJ
gp-301	162	3	implication	implication	NOUN
gp-301	162	4	of	of	ADP
gp-301	162	5	this	this	DET
gp-301	162	6	study	study	NOUN
gp-301	162	7	is	be	AUX
gp-301	162	8	that	that	SCONJ
gp-301	162	9	automotive	automotive	ADJ
gp-301	162	10	companies	company	NOUN
gp-301	162	11	need	need	VERB
gp-301	162	12	to	to	PART
gp-301	162	13	focus	focus	VERB
gp-301	162	14	on	on	ADP
gp-301	162	15	improving	improve	VERB
gp-301	162	16	asset	asset	NOUN
gp-301	162	17	use	use	NOUN
gp-301	162	18	efficiency	efficiency	NOUN
gp-301	162	19	to	to	PART
gp-301	162	20	optimize	optimize	VERB
gp-301	162	21	roa	roa	PROPN
gp-301	162	22	,	,	PUNCT
gp-301	162	23	maintain	maintain	VERB
gp-301	162	24	a	a	DET
gp-301	162	25	healthy	healthy	ADJ
gp-301	162	26	financial	financial	ADJ
gp-301	162	27	structure	structure	NOUN
gp-301	162	28	even	even	ADV
gp-301	162	29	though	though	SCONJ
gp-301	162	30	der	der	NOUN
gp-301	162	31	has	have	VERB
gp-301	162	32	no	no	DET
gp-301	162	33	significant	significant	ADJ
gp-301	162	34	effect	effect	NOUN
gp-301	162	35	,	,	PUNCT
gp-301	162	36	and	and	CCONJ
gp-301	162	37	develop	develop	VERB
gp-301	162	38	adaptation	adaptation	NOUN
gp-301	162	39	strategies	strategy	NOUN
gp-301	162	40	to	to	ADP
gp-301	162	41	macroeconomic	macroeconomic	ADJ
gp-301	162	42	conditions	condition	NOUN
gp-301	162	43	.	.	PUNCT
gp-301	163	1	for	for	ADP
gp-301	163	2	further	further	ADJ
gp-301	163	3	research	research	NOUN
gp-301	163	4	,	,	PUNCT
gp-301	163	5	it	it	PRON
gp-301	163	6	is	be	AUX
gp-301	163	7	recommended	recommend	VERB
gp-301	163	8	to	to	PART
gp-301	163	9	add	add	VERB
gp-301	163	10	other	other	ADJ
gp-301	163	11	independent	independent	ADJ
gp-301	163	12	variables	variable	NOUN
gp-301	163	13	such	such	ADJ
gp-301	163	14	as	as	ADP
gp-301	163	15	company	company	NOUN
gp-301	163	16	size	size	NOUN
gp-301	163	17	,	,	PUNCT
gp-301	163	18	liquidity	liquidity	NOUN
gp-301	163	19	,	,	PUNCT
gp-301	163	20	sales	sale	NOUN
gp-301	163	21	growth	growth	NOUN
gp-301	163	22	,	,	PUNCT
gp-301	163	23	interest	interest	NOUN
gp-301	163	24	rates	rate	NOUN
gp-301	163	25	,	,	PUNCT
gp-301	163	26	exchange	exchange	NOUN
gp-301	163	27	rates	rate	NOUN
gp-301	163	28	,	,	PUNCT
gp-301	163	29	and	and	CCONJ
gp-301	163	30	automotive	automotive	ADJ
gp-301	163	31	industry	industry	NOUN
gp-301	163	32	-	-	PUNCT
gp-301	163	33	specific	specific	ADJ
gp-301	163	34	factors	factor	NOUN
gp-301	163	35	,	,	PUNCT
gp-301	163	36	extend	extend	VERB
gp-301	163	37	the	the	DET
gp-301	163	38	study	study	NOUN
gp-301	163	39	period	period	NOUN
gp-301	163	40	to	to	PART
gp-301	163	41	capture	capture	VERB
gp-301	163	42	long	long	ADJ
gp-301	163	43	-	-	PUNCT
gp-301	163	44	term	term	NOUN
gp-301	163	45	dynamics	dynamic	NOUN
gp-301	163	46	,	,	PUNCT
gp-301	163	47	as	as	ADV
gp-301	163	48	well	well	ADV
gp-301	163	49	as	as	ADP
gp-301	163	50	use	use	VERB
gp-301	163	51	more	more	ADV
gp-301	163	52	advanced	advanced	ADJ
gp-301	163	53	analytical	analytical	ADJ
gp-301	163	54	methodologies	methodology	NOUN
gp-301	163	55	such	such	ADJ
gp-301	163	56	as	as	ADP
gp-301	163	57	vector	vector	NOUN
gp-301	163	58	autoregression	autoregression	NOUN
gp-301	163	59	(	(	PUNCT
gp-301	163	60	var	var	NOUN
gp-301	163	61	)	)	PUNCT
gp-301	163	62	or	or	CCONJ
gp-301	163	63	structural	structural	ADJ
gp-301	163	64	equation	equation	NOUN
gp-301	163	65	modeling	modeling	NOUN
gp-301	163	66	(	(	PUNCT
gp-301	163	67	sem	sem	NOUN
gp-301	163	68	)	)	PUNCT
gp-301	163	69	to	to	PART
gp-301	163	70	analyze	analyze	VERB
gp-301	163	71	the	the	DET
gp-301	163	72	more	more	ADV
gp-301	163	73	complex	complex	ADJ
gp-301	163	74	relationships	relationship	NOUN
gp-301	163	75	between	between	ADP
gp-301	163	76	variables	variable	NOUN
gp-301	163	77	.	.	PUNCT
gp-301	164	1	bibliography	bibliography	NOUN
gp-301	164	2	battle	battle	NOUN
gp-301	164	3	,	,	PUNCT
gp-301	164	4	r.	r.	PROPN
gp-301	164	5	a.	a.	PROPN
gp-301	164	6	(	(	PUNCT
gp-301	164	7	2021	2021	NUM
gp-301	164	8	)	)	PUNCT
gp-301	164	9	.	.	PUNCT
gp-301	165	1	analysis	analysis	NOUN
gp-301	165	2	of	of	ADP
gp-301	165	3	the	the	DET
gp-301	165	4	influence	influence	NOUN
gp-301	165	5	of	of	ADP
gp-301	165	6	financial	financial	ADJ
gp-301	165	7	ratios	ratio	NOUN
gp-301	165	8	on	on	ADP
gp-301	165	9	stock	stock	NOUN
gp-301	165	10	prices	price	NOUN
gp-301	165	11	in	in	ADP
gp-301	165	12	banking	banking	NOUN
gp-301	165	13	companies	company	NOUN
gp-301	165	14	listed	list	VERB
gp-301	165	15	on	on	ADP
gp-301	165	16	the	the	DET
gp-301	165	17	indonesia	indonesia	PROPN
gp-301	165	18	stock	stock	PROPN
gp-301	165	19	exchange	exchange	PROPN
gp-301	165	20	for	for	ADP
gp-301	165	21	the	the	DET
gp-301	165	22	2016	2016	NUM
gp-301	165	23	-	-	PUNCT
gp-301	165	24	2018	2018	NUM
gp-301	165	25	period	period	NOUN
gp-301	165	26	.	.	PUNCT
gp-301	166	1	journal	journal	NOUN
gp-301	166	2	of	of	ADP
gp-301	166	3	accounting	accounting	NOUN
gp-301	166	4	and	and	CCONJ
gp-301	166	5	finance	finance	NOUN
gp-301	166	6	,	,	PUNCT
gp-301	166	7	12(2	12(2	NUM
gp-301	166	8	)	)	PUNCT
gp-301	166	9	,	,	PUNCT
gp-301	166	10	156	156	NUM
gp-301	166	11	-	-	SYM
gp-301	166	12	170	170	NUM
gp-301	166	13	.	.	PUNCT
gp-301	167	1	albulescu	albulescu	NOUN
gp-301	167	2	,	,	PUNCT
gp-301	167	3	c.	c.	PROPN
gp-301	167	4	a.	a.	PROPN
gp-301	167	5	(	(	PUNCT
gp-301	167	6	2016	2016	NUM
gp-301	167	7	)	)	PUNCT
gp-301	167	8	.	.	PUNCT
gp-301	168	1	stock	stock	NOUN
gp-301	168	2	prices	price	NOUN
gp-301	168	3	,	,	PUNCT
gp-301	168	4	inflation	inflation	NOUN
gp-301	168	5	and	and	CCONJ
gp-301	168	6	inflation	inflation	NOUN
gp-301	168	7	uncertainty	uncertainty	NOUN
gp-301	168	8	in	in	ADP
gp-301	168	9	the	the	DET
gp-301	168	10	u.s	u.s	PROPN
gp-301	168	11	.	.	PROPN
gp-301	168	12	:	:	PUNCT
gp-301	169	1	testing	test	VERB
gp-301	169	2	the	the	DET
gp-301	169	3	long	long	ADV
gp-301	169	4	-	-	PUNCT
gp-301	169	5	run	run	NOUN
gp-301	169	6	relationship	relationship	NOUN
gp-301	169	7	considering	consider	VERB
gp-301	169	8	dow	dow	PROPN
gp-301	169	9	jones	jones	PROPN
gp-301	169	10	sector	sector	NOUN
gp-301	169	11	indexes	index	NOUN
gp-301	169	12	.	.	PUNCT
gp-301	170	1	financial	financial	ADJ
gp-301	170	2	markets	market	NOUN
gp-301	170	3	and	and	CCONJ
gp-301	170	4	portfolio	portfolio	NOUN
gp-301	170	5	management	management	NOUN
gp-301	170	6	,	,	PUNCT
gp-301	170	7	30(4	30(4	NUM
gp-301	170	8	)	)	PUNCT
gp-301	170	9	,	,	PUNCT
gp-301	170	10	375	375	NUM
gp-301	170	11	-	-	SYM
gp-301	170	12	393	393	NUM
gp-301	170	13	.	.	PUNCT
gp-301	171	1	astuti	astuti	PROPN
gp-301	171	2	,	,	PUNCT
gp-301	171	3	e.	e.	PROPN
gp-301	171	4	s.	s.	PROPN
gp-301	171	5	(	(	PUNCT
gp-301	171	6	2020	2020	NUM
gp-301	171	7	)	)	PUNCT
gp-301	171	8	.	.	PUNCT
gp-301	172	1	analysis	analysis	NOUN
gp-301	172	2	of	of	ADP
gp-301	172	3	the	the	DET
gp-301	172	4	impact	impact	NOUN
gp-301	172	5	of	of	ADP
gp-301	172	6	the	the	DET
gp-301	172	7	company	company	NOUN
gp-301	172	8	's	's	PART
gp-301	172	9	financial	financial	ADJ
gp-301	172	10	ratio	ratio	NOUN
gp-301	172	11	on	on	ADP
gp-301	172	12	the	the	DET
gp-301	172	13	share	share	NOUN
gp-301	172	14	price	price	NOUN
gp-301	172	15	american	american	PROPN
gp-301	172	16	journal	journal	PROPN
gp-301	172	17	of	of	ADP
gp-301	172	18	economic	economic	ADJ
gp-301	172	19	and	and	CCONJ
gp-301	172	20	management	management	NOUN
gp-301	172	21	business	business	NOUN
gp-301	172	22	vol	vol	NOUN
gp-301	172	23	.	.	PROPN
gp-301	173	1	4	4	NUM
gp-301	173	2	no	no	NOUN
gp-301	173	3	.	.	NOUN
gp-301	173	4	8	8	NUM
gp-301	173	5	agustus	agustus	NOUN
gp-301	173	6	2025	2025	NUM
gp-301	173	7	1299	1299	NUM
gp-301	173	8	of	of	ADP
gp-301	173	9	the	the	DET
gp-301	173	10	company	company	NOUN
gp-301	173	11	listed	list	VERB
gp-301	173	12	on	on	ADP
gp-301	173	13	jii	jii	PROPN
gp-301	173	14	.	.	PUNCT
gp-301	174	1	journal	journal	PROPN
gp-301	174	2	of	of	ADP
gp-301	174	3	islamic	islamic	ADJ
gp-301	174	4	economics	economic	NOUN
gp-301	174	5	,	,	PUNCT
gp-301	174	6	8(1	8(1	NOUN
gp-301	174	7	)	)	PUNCT
gp-301	174	8	,	,	PUNCT
gp-301	174	9	45	45	NUM
gp-301	174	10	-	-	SYM
gp-301	174	11	62	62	NUM
gp-301	174	12	.	.	PUNCT
gp-301	175	1	brigham	brigham	PROPN
gp-301	175	2	,	,	PUNCT
gp-301	175	3	e.	e.	PROPN
gp-301	175	4	f.	f.	PROPN
gp-301	175	5	,	,	PUNCT
gp-301	175	6	&	&	CCONJ
gp-301	175	7	houston	houston	PROPN
gp-301	175	8	,	,	PUNCT
gp-301	175	9	j.	j.	PROPN
gp-301	175	10	f.	f.	PROPN
gp-301	175	11	(	(	PUNCT
gp-301	175	12	2014	2014	NUM
gp-301	175	13	)	)	PUNCT
gp-301	175	14	.	.	PUNCT
gp-301	176	1	fundamentals	fundamental	NOUN
gp-301	176	2	of	of	ADP
gp-301	176	3	financial	financial	ADJ
gp-301	176	4	management	management	NOUN
gp-301	176	5	(	(	PUNCT
gp-301	176	6	14th	14th	NOUN
gp-301	176	7	ed	ed	NOUN
gp-301	176	8	.	.	PUNCT
gp-301	176	9	)	)	PUNCT
gp-301	176	10	.	.	PUNCT
gp-301	177	1	cengage	cengage	PROPN
gp-301	177	2	learning	learning	PROPN
gp-301	177	3	.	.	PUNCT
gp-301	178	1	choiriya	choiriya	PROPN
gp-301	178	2	,	,	PUNCT
gp-301	178	3	c.	c.	PROPN
gp-301	178	4	f.	f.	PROPN
gp-301	178	5	(	(	PUNCT
gp-301	178	6	t.t	t.t	PROPN
gp-301	178	7	.	.	PROPN
gp-301	178	8	)	)	PUNCT
gp-301	178	9	.	.	PUNCT
gp-301	179	1	the	the	DET
gp-301	179	2	effect	effect	NOUN
gp-301	179	3	of	of	ADP
gp-301	179	4	return	return	NOUN
gp-301	179	5	on	on	ADP
gp-301	179	6	assets	asset	NOUN
gp-301	179	7	,	,	PUNCT
gp-301	179	8	return	return	VERB
gp-301	179	9	on	on	ADP
gp-301	179	10	equity	equity	NOUN
gp-301	179	11	,	,	PUNCT
gp-301	179	12	net	net	ADJ
gp-301	179	13	profit	profit	NOUN
gp-301	179	14	margin	margin	NOUN
gp-301	179	15	,	,	PUNCT
gp-301	179	16	earning	earn	VERB
gp-301	179	17	per	per	ADP
gp-301	179	18	share	share	NOUN
gp-301	179	19	,	,	PUNCT
gp-301	179	20	and	and	CCONJ
gp-301	179	21	operating	operate	VERB
gp-301	179	22	profit	profit	NOUN
gp-301	179	23	margin	margin	NOUN
gp-301	179	24	on	on	ADP
gp-301	179	25	stock	stock	NOUN
gp-301	179	26	prices	price	NOUN
gp-301	179	27	of	of	ADP
gp-301	179	28	banking	banking	NOUN
gp-301	179	29	companies	company	NOUN
gp-301	179	30	in	in	ADP
gp-301	179	31	indonesia	indonesia	PROPN
gp-301	179	32	stock	stock	PROPN
gp-301	179	33	exchange	exchange	PROPN
gp-301	179	34	.	.	PUNCT
gp-301	180	1	international	international	ADJ
gp-301	180	2	journal	journal	PROPN
gp-301	180	3	of	of	ADP
gp-301	180	4	finance	finance	NOUN
gp-301	180	5	research	research	NOUN
gp-301	180	6	,	,	PUNCT
gp-301	180	7	1(2	1(2	NUM
gp-301	180	8	)	)	PUNCT
gp-301	180	9	,	,	PUNCT
gp-301	180	10	103	103	NUM
gp-301	180	11	-	-	SYM
gp-301	180	12	123	123	NUM
gp-301	180	13	.	.	PUNCT
gp-301	181	1	devi	devi	PROPN
gp-301	181	2	,	,	PUNCT
gp-301	181	3	s.	s.	PROPN
gp-301	181	4	w.	w.	PROPN
gp-301	181	5	,	,	PUNCT
gp-301	181	6	&	&	CCONJ
gp-301	181	7	warasniasih	warasniasih	PROPN
gp-301	181	8	,	,	PUNCT
gp-301	181	9	n.	n.	PROPN
gp-301	181	10	m.	m.	PROPN
gp-301	181	11	s.	s.	PROPN
gp-301	181	12	(	(	PUNCT
gp-301	181	13	2020	2020	NUM
gp-301	181	14	)	)	PUNCT
gp-301	181	15	.	.	PUNCT
gp-301	182	1	the	the	DET
gp-301	182	2	impact	impact	NOUN
gp-301	182	3	of	of	ADP
gp-301	182	4	covid-19	covid-19	PROPN
gp-301	182	5	pandemic	pandemic	NOUN
gp-301	182	6	on	on	ADP
gp-301	182	7	the	the	DET
gp-301	182	8	financial	financial	ADJ
gp-301	182	9	performance	performance	NOUN
gp-301	182	10	of	of	ADP
gp-301	182	11	firms	firm	NOUN
gp-301	182	12	on	on	ADP
gp-301	182	13	the	the	DET
gp-301	182	14	indonesia	indonesia	PROPN
gp-301	182	15	stock	stock	PROPN
gp-301	182	16	exchange	exchange	PROPN
gp-301	182	17	.	.	PUNCT
gp-301	183	1	journal	journal	PROPN
gp-301	183	2	of	of	ADP
gp-301	183	3	economics	economic	NOUN
gp-301	183	4	,	,	PUNCT
gp-301	183	5	business	business	NOUN
gp-301	183	6	,	,	PUNCT
gp-301	183	7	and	and	CCONJ
gp-301	183	8	accountancy	accountancy	PROPN
gp-301	183	9	ventura	ventura	PROPN
gp-301	183	10	,	,	PUNCT
gp-301	183	11	23(2	23(2	NUM
gp-301	183	12	)	)	PUNCT
gp-301	183	13	,	,	PUNCT
gp-301	183	14	226	226	NUM
gp-301	183	15	-	-	SYM
gp-301	183	16	242	242	NUM
gp-301	183	17	.	.	PUNCT
gp-301	184	1	heizer	heizer	PROPN
gp-301	184	2	,	,	PUNCT
gp-301	184	3	j.	j.	PROPN
gp-301	184	4	,	,	PUNCT
gp-301	184	5	&	&	CCONJ
gp-301	184	6	render	render	VERB
gp-301	184	7	,	,	PUNCT
gp-301	184	8	b.	b.	PROPN
gp-301	184	9	(	(	PUNCT
gp-301	184	10	2017	2017	NUM
gp-301	184	11	)	)	PUNCT
gp-301	184	12	.	.	PUNCT
gp-301	185	1	operations	operation	NOUN
gp-301	185	2	management	management	NOUN
gp-301	185	3	:	:	PUNCT
gp-301	185	4	sustainability	sustainability	NOUN
gp-301	185	5	and	and	CCONJ
gp-301	185	6	supply	supply	NOUN
gp-301	185	7	chain	chain	NOUN
gp-301	185	8	management	management	NOUN
gp-301	185	9	(	(	PUNCT
gp-301	185	10	12th	12th	NOUN
gp-301	185	11	ed	ed	NOUN
gp-301	185	12	.	.	PUNCT
gp-301	185	13	)	)	PUNCT
gp-301	185	14	.	.	PUNCT
gp-301	186	1	pearson	pearson	PROPN
gp-301	186	2	.	.	PUNCT
gp-301	187	1	hisar	hisar	PROPN
gp-301	187	2	,	,	PUNCT
gp-301	187	3	r.	r.	PROPN
gp-301	187	4	s.	s.	PROPN
gp-301	187	5	,	,	PUNCT
gp-301	187	6	sari	sari	NOUN
gp-301	187	7	,	,	PUNCT
gp-301	187	8	m.	m.	NOUN
gp-301	187	9	,	,	PUNCT
gp-301	187	10	&	&	CCONJ
gp-301	187	11	utami	utami	PROPN
gp-301	187	12	,	,	PUNCT
gp-301	187	13	p.	p.	NOUN
gp-301	187	14	(	(	PUNCT
gp-301	187	15	2021	2021	NUM
gp-301	187	16	)	)	PUNCT
gp-301	187	17	.	.	PUNCT
gp-301	188	1	the	the	DET
gp-301	188	2	effect	effect	NOUN
gp-301	188	3	of	of	ADP
gp-301	188	4	roa	roa	NOUN
gp-301	188	5	and	and	CCONJ
gp-301	188	6	der	der	NOUN
gp-301	188	7	on	on	ADP
gp-301	188	8	stock	stock	NOUN
gp-301	188	9	returns	return	NOUN
gp-301	188	10	in	in	ADP
gp-301	188	11	manufacturing	manufacture	VERB
gp-301	188	12	companies	company	NOUN
gp-301	188	13	on	on	ADP
gp-301	188	14	the	the	DET
gp-301	188	15	idx	idx	NOUN
gp-301	188	16	that	that	PRON
gp-301	188	17	go	go	VERB
gp-301	188	18	public	public	ADJ
gp-301	188	19	.	.	PUNCT
gp-301	189	1	scientific	scientific	ADJ
gp-301	189	2	forum	forum	NOUN
gp-301	189	3	of	of	ADP
gp-301	189	4	accounting	accounting	NOUN
gp-301	189	5	education	education	NOUN
gp-301	189	6	,	,	PUNCT
gp-301	189	7	9(2	9(2	NUM
gp-301	189	8	)	)	PUNCT
gp-301	189	9	,	,	PUNCT
gp-301	189	10	45	45	NUM
gp-301	189	11	-	-	SYM
gp-301	189	12	56	56	NUM
gp-301	189	13	.	.	PUNCT
gp-301	190	1	indradinata	indradinata	PROPN
gp-301	190	2	,	,	PUNCT
gp-301	190	3	i.	i.	PROPN
gp-301	190	4	b.	b.	PROPN
gp-301	190	5	a.	a.	PROPN
gp-301	190	6	(	(	PUNCT
gp-301	190	7	2019	2019	NUM
gp-301	190	8	)	)	PUNCT
gp-301	190	9	.	.	PUNCT
gp-301	191	1	determining	determine	VERB
gp-301	191	2	factors	factor	NOUN
gp-301	191	3	for	for	ADP
gp-301	191	4	the	the	DET
gp-301	191	5	rise	rise	NOUN
gp-301	191	6	and	and	CCONJ
gp-301	191	7	fall	fall	NOUN
gp-301	191	8	of	of	ADP
gp-301	191	9	stock	stock	NOUN
gp-301	191	10	prices	price	NOUN
gp-301	191	11	on	on	ADP
gp-301	191	12	the	the	DET
gp-301	191	13	indonesia	indonesia	PROPN
gp-301	191	14	stock	stock	PROPN
gp-301	191	15	exchange	exchange	PROPN
gp-301	191	16	.	.	PUNCT
gp-301	192	1	journal	journal	PROPN
gp-301	192	2	of	of	ADP
gp-301	192	3	economics	economic	NOUN
gp-301	192	4	and	and	CCONJ
gp-301	192	5	business	business	NOUN
gp-301	192	6	,	,	PUNCT
gp-301	192	7	16(3	16(3	NOUN
gp-301	192	8	)	)	PUNCT
gp-301	192	9	,	,	PUNCT
gp-301	192	10	234	234	NUM
gp-301	192	11	-	-	SYM
gp-301	192	12	248	248	NUM
gp-301	192	13	.	.	PUNCT
gp-301	193	1	investor	investor	NOUN
gp-301	193	2	,	,	PUNCT
gp-301	193	3	s.	s.	PROPN
gp-301	193	4	(	(	PUNCT
gp-301	193	5	2023	2023	NUM
gp-301	193	6	,	,	PUNCT
gp-301	193	7	august	august	PROPN
gp-301	193	8	8)	8)	NUM
gp-301	193	9	.	.	PUNCT
gp-301	194	1	economic	economic	ADJ
gp-301	194	2	generation	generation	NOUN
gp-301	194	3	the	the	DET
gp-301	194	4	contribution	contribution	NOUN
gp-301	194	5	of	of	ADP
gp-301	194	6	the	the	DET
gp-301	194	7	manufacturing	manufacturing	NOUN
gp-301	194	8	sector	sector	NOUN
gp-301	194	9	is	be	AUX
gp-301	194	10	still	still	ADV
gp-301	194	11	high	high	ADJ
gp-301	194	12	.	.	PUNCT
gp-301	195	1	investor	investor	NOUN
gp-301	195	2	voice	voice	NOUN
gp-301	195	3	.	.	PUNCT
gp-301	196	1	https://www.suarainvestor.com/pembangkit-ekonomikontribusi-sektor-manufaktur-masih-tinggi	https://www.suarainvestor.com/pembangkit-ekonomikontribusi-sektor-manufaktur-masih-tinggi	PROPN
gp-301	196	2	james	james	PROPN
gp-301	196	3	,	,	PUNCT
gp-301	196	4	n.	n.	PROPN
gp-301	196	5	,	,	PUNCT
gp-301	196	6	&	&	CCONJ
gp-301	196	7	nel	nel	PROPN
gp-301	196	8	,	,	PUNCT
gp-301	196	9	w.	w.	PROPN
gp-301	196	10	s.	s.	PROPN
gp-301	196	11	(	(	PUNCT
gp-301	196	12	2021	2021	NUM
gp-301	196	13	)	)	PUNCT
gp-301	196	14	.	.	PUNCT
gp-301	197	1	on	on	ADP
gp-301	197	2	the	the	DET
gp-301	197	3	systemic	systemic	ADJ
gp-301	197	4	nature	nature	NOUN
gp-301	197	5	of	of	ADP
gp-301	197	6	global	global	ADJ
gp-301	197	7	inflation	inflation	NOUN
gp-301	197	8	,	,	PUNCT
gp-301	197	9	its	its	PRON
gp-301	197	10	association	association	NOUN
gp-301	197	11	with	with	ADP
gp-301	197	12	equity	equity	NOUN
gp-301	197	13	markets	market	NOUN
gp-301	197	14	and	and	CCONJ
gp-301	197	15	financial	financial	ADJ
gp-301	197	16	portfolio	portfolio	NOUN
gp-301	197	17	implications	implication	NOUN
gp-301	197	18	.	.	PUNCT
gp-301	198	1	journal	journal	NOUN
gp-301	198	2	of	of	ADP
gp-301	198	3	financial	financial	ADJ
gp-301	198	4	markets	market	NOUN
gp-301	198	5	,	,	PUNCT
gp-301	198	6	54	54	NUM
gp-301	198	7	,	,	PUNCT
gp-301	198	8	100	100	NUM
gp-301	198	9	-	-	SYM
gp-301	198	10	115	115	NUM
gp-301	198	11	.	.	PUNCT
gp-301	199	1	cashmere	cashmere	PROPN
gp-301	199	2	.	.	PUNCT
gp-301	200	1	(	(	PUNCT
gp-301	200	2	2017	2017	NUM
gp-301	200	3	)	)	PUNCT
gp-301	200	4	.	.	PUNCT
gp-301	201	1	financial	financial	ADJ
gp-301	201	2	statement	statement	NOUN
gp-301	201	3	analysis	analysis	NOUN
gp-301	201	4	(	(	PUNCT
gp-301	201	5	11th	11th	ADJ
gp-301	201	6	ed	ed	NOUN
gp-301	201	7	.	.	PUNCT
gp-301	201	8	)	)	PUNCT
gp-301	201	9	.	.	PUNCT
gp-301	202	1	rajagrafindo	rajagrafindo	PROPN
gp-301	202	2	persada	persada	PROPN
gp-301	202	3	.	.	PUNCT
gp-301	203	1	kemalasari	kemalasari	PROPN
gp-301	203	2	,	,	PUNCT
gp-301	203	3	d.	d.	PROPN
gp-301	203	4	a.	a.	PROPN
gp-301	203	5	,	,	PUNCT
gp-301	203	6	&	&	CCONJ
gp-301	203	7	norita	norita	PROPN
gp-301	203	8	,	,	PUNCT
gp-301	203	9	d.	d.	PROPN
gp-301	203	10	(	(	PUNCT
gp-301	203	11	2019	2019	NUM
gp-301	203	12	)	)	PUNCT
gp-301	203	13	.	.	PUNCT
gp-301	204	1	the	the	DET
gp-301	204	2	effect	effect	NOUN
gp-301	204	3	of	of	ADP
gp-301	204	4	earning	earn	VERB
gp-301	204	5	per	per	ADP
gp-301	204	6	share	share	NOUN
gp-301	204	7	,	,	PUNCT
gp-301	204	8	return	return	VERB
gp-301	204	9	on	on	ADP
gp-301	204	10	equity	equity	NOUN
gp-301	204	11	,	,	PUNCT
gp-301	204	12	price	price	NOUN
gp-301	204	13	earning	earning	NOUN
gp-301	204	14	ratio	ratio	NOUN
gp-301	204	15	and	and	CCONJ
gp-301	204	16	debt	debt	NOUN
gp-301	204	17	to	to	ADP
gp-301	204	18	equity	equity	NOUN
gp-301	204	19	ratio	ratio	NOUN
gp-301	204	20	on	on	ADP
gp-301	204	21	stock	stock	NOUN
gp-301	204	22	prices	price	NOUN
gp-301	204	23	(	(	PUNCT
gp-301	204	24	companies	company	NOUN
gp-301	204	25	incorporated	incorporate	VERB
gp-301	204	26	in	in	ADP
gp-301	204	27	the	the	DET
gp-301	204	28	lq45	lq45	PROPN
gp-301	204	29	index	index	NOUN
gp-301	204	30	on	on	ADP
gp-301	204	31	the	the	DET
gp-301	204	32	indonesia	indonesia	PROPN
gp-301	204	33	stock	stock	PROPN
gp-301	204	34	exchange	exchange	PROPN
gp-301	204	35	)	)	PUNCT
gp-301	204	36	.	.	PUNCT
gp-301	205	1	journal	journal	PROPN
gp-301	205	2	of	of	ADP
gp-301	205	3	financial	financial	ADJ
gp-301	205	4	management	management	NOUN
gp-301	205	5	,	,	PUNCT
gp-301	205	6	8(2	8(2	NUM
gp-301	205	7	)	)	PUNCT
gp-301	205	8	,	,	PUNCT
gp-301	205	9	178	178	NUM
gp-301	205	10	-	-	SYM
gp-301	205	11	192	192	NUM
gp-301	205	12	.	.	PUNCT
gp-301	206	1	khan	khan	PROPN
gp-301	206	2	,	,	PUNCT
gp-301	206	3	m.	m.	PROPN
gp-301	206	4	f.	f.	PROPN
gp-301	206	5	(	(	PUNCT
gp-301	206	6	2023	2023	NUM
gp-301	206	7	)	)	PUNCT
gp-301	206	8	.	.	PUNCT
gp-301	207	1	macroeconomic	macroeconomic	ADJ
gp-301	207	2	factors	factor	NOUN
gp-301	207	3	and	and	CCONJ
gp-301	207	4	stock	stock	NOUN
gp-301	207	5	exchange	exchange	NOUN
gp-301	207	6	return	return	NOUN
gp-301	207	7	:	:	PUNCT
gp-301	207	8	a	a	DET
gp-301	207	9	statistical	statistical	ADJ
gp-301	207	10	analysis	analysis	NOUN
gp-301	207	11	.	.	PUNCT
gp-301	208	1	international	international	ADJ
gp-301	208	2	journal	journal	PROPN
gp-301	208	3	of	of	ADP
gp-301	208	4	economics	economic	NOUN
gp-301	208	5	and	and	CCONJ
gp-301	208	6	finance	finance	NOUN
gp-301	208	7	,	,	PUNCT
gp-301	208	8	15(3	15(3	NUM
gp-301	208	9	)	)	PUNCT
gp-301	208	10	,	,	PUNCT
gp-301	208	11	45	45	NUM
gp-301	208	12	-	-	SYM
gp-301	208	13	58	58	NUM
gp-301	208	14	.	.	PUNCT
gp-301	209	1	mankiw	mankiw	PROPN
gp-301	209	2	,	,	PUNCT
gp-301	209	3	n.	n.	PROPN
gp-301	209	4	g.	g.	PROPN
gp-301	209	5	(	(	PUNCT
gp-301	209	6	2016	2016	NUM
gp-301	209	7	)	)	PUNCT
gp-301	209	8	.	.	PUNCT
gp-301	210	1	principles	principle	NOUN
gp-301	210	2	of	of	ADP
gp-301	210	3	economics	economic	NOUN
gp-301	210	4	(	(	PUNCT
gp-301	210	5	7th	7th	ADJ
gp-301	210	6	ed	ed	NOUN
gp-301	210	7	.	.	PUNCT
gp-301	210	8	)	)	PUNCT
gp-301	210	9	.	.	PUNCT
gp-301	211	1	cengage	cengage	PROPN
gp-301	211	2	learning	learning	PROPN
gp-301	211	3	.	.	PUNCT
gp-301	212	1	maryani	maryani	PROPN
gp-301	212	2	,	,	PUNCT
gp-301	212	3	t.	t.	PROPN
gp-301	212	4	,	,	PUNCT
gp-301	212	5	&	&	CCONJ
gp-301	212	6	tamara	tamara	PROPN
gp-301	212	7	,	,	PUNCT
gp-301	212	8	a.	a.	NOUN
gp-301	212	9	(	(	PUNCT
gp-301	212	10	2020	2020	NUM
gp-301	212	11	)	)	PUNCT
gp-301	212	12	.	.	PUNCT
gp-301	213	1	the	the	DET
gp-301	213	2	effect	effect	NOUN
gp-301	213	3	of	of	ADP
gp-301	213	4	roa	roa	PROPN
gp-301	213	5	,	,	PUNCT
gp-301	213	6	roe	roe	PROPN
gp-301	213	7	,	,	PUNCT
gp-301	213	8	der	der	NOUN
gp-301	213	9	on	on	ADP
gp-301	213	10	stock	stock	NOUN
gp-301	213	11	prices	price	NOUN
gp-301	213	12	in	in	ADP
gp-301	213	13	companies	company	NOUN
gp-301	213	14	indexed	index	VERB
gp-301	213	15	in	in	ADP
gp-301	213	16	the	the	DET
gp-301	213	17	jakarta	jakarta	PROPN
gp-301	213	18	islamic	islamic	PROPN
gp-301	213	19	index	index	NOUN
gp-301	213	20	for	for	ADP
gp-301	213	21	the	the	DET
gp-301	213	22	2016	2016	NUM
gp-301	213	23	-	-	SYM
gp-301	213	24	2019	2019	NUM
gp-301	213	25	period	period	NOUN
gp-301	213	26	.	.	PUNCT
gp-301	214	1	journal	journal	NOUN
gp-301	214	2	of	of	ADP
gp-301	214	3	theoretical	theoretical	ADJ
gp-301	214	4	and	and	CCONJ
gp-301	214	5	applied	apply	VERB
gp-301	214	6	sharia	sharia	PROPN
gp-301	214	7	economics	economic	NOUN
gp-301	214	8	,	,	PUNCT
gp-301	214	9	7(10	7(10	NUM
gp-301	214	10	)	)	PUNCT
gp-301	214	11	,	,	PUNCT
gp-301	214	12	1903	1903	NUM
gp-301	214	13	-	-	SYM
gp-301	214	14	1912	1912	NUM
gp-301	214	15	.	.	PUNCT
gp-301	215	1	perdani	perdani	NOUN
gp-301	215	2	,	,	PUNCT
gp-301	215	3	v.	v.	CCONJ
gp-301	215	4	(	(	PUNCT
gp-301	215	5	2025	2025	NUM
gp-301	215	6	)	)	PUNCT
gp-301	215	7	.	.	PUNCT
gp-301	216	1	the	the	DET
gp-301	216	2	effect	effect	NOUN
gp-301	216	3	of	of	ADP
gp-301	216	4	inflation	inflation	NOUN
gp-301	216	5	,	,	PUNCT
gp-301	216	6	exchange	exchange	NOUN
gp-301	216	7	rate	rate	NOUN
gp-301	216	8	and	and	CCONJ
gp-301	216	9	return	return	VERB
gp-301	216	10	on	on	ADP
gp-301	216	11	asset	asset	NOUN
gp-301	216	12	(	(	PUNCT
gp-301	216	13	roa	roa	PROPN
gp-301	216	14	)	)	PUNCT
gp-301	216	15	on	on	ADP
gp-301	216	16	stock	stock	NOUN
gp-301	216	17	prices	price	NOUN
gp-301	216	18	in	in	ADP
gp-301	216	19	manufacturing	manufacture	VERB
gp-301	216	20	companies	company	NOUN
gp-301	216	21	listed	list	VERB
gp-301	216	22	on	on	ADP
gp-301	216	23	the	the	DET
gp-301	216	24	idx	idx	NOUN
gp-301	216	25	in	in	ADP
gp-301	216	26	2019	2019	NUM
gp-301	216	27	-	-	SYM
gp-301	216	28	2023	2023	NUM
gp-301	216	29	.	.	PUNCT
gp-301	217	1	jumad	jumad	NOUN
gp-301	217	2	:	:	PUNCT
gp-301	217	3	journal	journal	NOUN
gp-301	217	4	of	of	ADP
gp-301	217	5	management	management	NOUN
gp-301	217	6	,	,	PUNCT
gp-301	217	7	accounting	accounting	NOUN
gp-301	217	8	,	,	PUNCT
gp-301	217	9	&	&	CCONJ
gp-301	217	10	digital	digital	PROPN
gp-301	217	11	business	business	NOUN
gp-301	217	12	,	,	PUNCT
gp-301	217	13	3(1	3(1	NUM
gp-301	217	14	)	)	PUNCT
gp-301	217	15	,	,	PUNCT
gp-301	217	16	1	1	NUM
gp-301	217	17	-	-	SYM
gp-301	217	18	10	10	NUM
gp-301	217	19	.	.	PUNCT
gp-301	218	1	stockanalysis.com	stockanalysis.com	X
gp-301	218	2	.	.	X
gp-301	219	1	(	(	PUNCT
gp-301	219	2	2025	2025	NUM
gp-301	219	3	)	)	PUNCT
gp-301	219	4	.	.	PUNCT
gp-301	220	1	indonesia	indonesia	PROPN
gp-301	220	2	stock	stock	PROPN
gp-301	220	3	market	market	NOUN
gp-301	220	4	data	datum	NOUN
gp-301	220	5	.	.	PUNCT
gp-301	221	1	retrieved	retrieve	VERB
gp-301	221	2	from	from	ADP
gp-301	221	3	https://stockanalysis.com/indonesia/	https://stockanalysis.com/indonesia/	ADP
gp-301	221	4	sugiyono	sugiyono	NOUN
gp-301	221	5	.	.	PUNCT
gp-301	222	1	(	(	PUNCT
gp-301	222	2	2019	2019	NUM
gp-301	222	3	)	)	PUNCT
gp-301	222	4	.	.	PUNCT
gp-301	223	1	quantitative	quantitative	ADJ
gp-301	223	2	,	,	PUNCT
gp-301	223	3	qualitative	qualitative	NOUN
gp-301	223	4	,	,	PUNCT
gp-301	223	5	and	and	CCONJ
gp-301	223	6	r&d	r&d	NOUN
gp-301	223	7	research	research	NOUN
gp-301	223	8	methods	method	NOUN
gp-301	223	9	.	.	PUNCT
gp-301	224	1	alphabet	alphabet	PROPN
gp-301	224	2	.	.	PUNCT
gp-301	225	1	sukirno	sukirno	PROPN
gp-301	225	2	,	,	PUNCT
gp-301	225	3	s.	s.	PROPN
gp-301	225	4	(	(	PUNCT
gp-301	225	5	2016	2016	NUM
gp-301	225	6	)	)	PUNCT
gp-301	225	7	.	.	PUNCT
gp-301	226	1	macroeconomics	macroeconomic	NOUN
gp-301	226	2	theory	theory	NOUN
gp-301	226	3	introduction	introduction	NOUN
gp-301	226	4	(	(	PUNCT
gp-301	226	5	3rd	3rd	ADJ
gp-301	226	6	ed	ed	NOUN
gp-301	226	7	.	.	PUNCT
gp-301	226	8	)	)	PUNCT
gp-301	226	9	.	.	PUNCT
gp-301	227	1	rajagrafindo	rajagrafindo	PROPN
gp-301	227	2	persada	persada	PROPN
gp-301	227	3	.	.	PUNCT
gp-301	227	4	time	time	NOUN
gp-301	227	5	.	.	PUNCT
gp-301	228	1	(	(	PUNCT
gp-301	228	2	2025	2025	NUM
gp-301	228	3	,	,	PUNCT
gp-301	228	4	february	february	PROPN
gp-301	228	5	16	16	NUM
gp-301	228	6	)	)	PUNCT
gp-301	228	7	.	.	PUNCT
gp-301	229	1	the	the	DET
gp-301	229	2	contribution	contribution	NOUN
gp-301	229	3	of	of	ADP
gp-301	229	4	gdp	gdp	NOUN
gp-301	229	5	to	to	ADP
gp-301	229	6	the	the	DET
gp-301	229	7	manufacturing	manufacturing	NOUN
gp-301	229	8	industry	industry	NOUN
gp-301	229	9	grew	grow	VERB
gp-301	229	10	4.43	4.43	NUM
gp-301	229	11	percent	percent	NOUN
gp-301	229	12	.	.	PUNCT
gp-301	230	1	tempo.co	tempo.co	X
gp-301	230	2	.	.	PUNCT
gp-301	230	3	https://www.tempo.co/ekonomi/kontribusi-pdb-industri-manufakturtumbuh-4-43-persen	https://www.tempo.co/ekonomi/kontribusi-pdb-industri-manufakturtumbuh-4-43-persen	NOUN
