id	sid	tid	token	lemma	pos
gp-325	1	1	1278	1278	NUM
gp-325	1	2	american	american	ADJ
gp-325	1	3	journal	journal	NOUN
gp-325	1	4	of	of	ADP
gp-325	1	5	economic	economic	ADJ
gp-325	1	6	and	and	CCONJ
gp-325	1	7	management	management	NOUN
gp-325	1	8	business	business	NOUN
gp-325	1	9	e	e	NOUN
gp-325	1	10	-	-	NOUN
gp-325	1	11	issn	issn	ADJ
gp-325	1	12	:	:	PUNCT
gp-325	1	13	2835	2835	NUM
gp-325	1	14	-	-	SYM
gp-325	1	15	5199	5199	NUM
gp-325	1	16	vol	vol	NOUN
gp-325	1	17	.	.	PROPN
gp-325	1	18	4	4	NUM
gp-325	1	19	no	no	NOUN
gp-325	1	20	.	.	NOUN
gp-325	1	21	8	8	NUM
gp-325	1	22	august	august	PROPN
gp-325	1	23	2025	2025	NUM
gp-325	1	24	the	the	DET
gp-325	1	25	effect	effect	NOUN
gp-325	1	26	of	of	ADP
gp-325	1	27	current	current	ADJ
gp-325	1	28	ratio	ratio	NOUN
gp-325	1	29	,	,	PUNCT
gp-325	1	30	debt	debt	NOUN
gp-325	1	31	to	to	ADP
gp-325	1	32	asset	asset	NOUN
gp-325	1	33	ratio	ratio	NOUN
gp-325	1	34	,	,	PUNCT
gp-325	1	35	and	and	CCONJ
gp-325	1	36	return	return	VERB
gp-325	1	37	on	on	ADP
gp-325	1	38	assets	asset	NOUN
gp-325	1	39	on	on	ADP
gp-325	1	40	price	price	NOUN
gp-325	1	41	to	to	ADP
gp-325	1	42	book	book	NOUN
gp-325	1	43	value	value	NOUN
gp-325	1	44	in	in	ADP
gp-325	1	45	non	non	ADJ
gp-325	1	46	-	-	ADJ
gp-325	1	47	bank	bank	ADJ
gp-325	1	48	companies	company	NOUN
gp-325	1	49	in	in	ADP
gp-325	1	50	the	the	DET
gp-325	1	51	lq45	lq45	PROPN
gp-325	1	52	index	index	NOUN
gp-325	1	53	listed	list	VERB
gp-325	1	54	on	on	ADP
gp-325	1	55	the	the	DET
gp-325	1	56	indonesian	indonesian	ADJ
gp-325	1	57	stock	stock	PROPN
gp-325	1	58	exchange	exchange	NOUN
gp-325	1	59	from	from	ADP
gp-325	1	60	2019	2019	NUM
gp-325	1	61	to	to	ADP
gp-325	1	62	2023	2023	NUM
gp-325	1	63	azmi	azmi	PROPN
gp-325	1	64	azkia	azkia	PROPN
gp-325	1	65	,	,	PUNCT
gp-325	1	66	novi	novi	PROPN
gp-325	1	67	susyani	susyani	PROPN
gp-325	1	68	universitas	universitas	PROPN
gp-325	1	69	jenderal	jenderal	ADJ
gp-325	1	70	achmad	achmad	PROPN
gp-325	1	71	yani	yani	PROPN
gp-325	1	72	,	,	PUNCT
gp-325	1	73	indonesia	indonesia	PROPN
gp-325	1	74	email	email	NOUN
gp-325	1	75	:	:	PUNCT
gp-325	1	76	azmiazkia_21p104@mn.unjani.ac.id	azmiazkia_21p104@mn.unjani.ac.id	PROPN
gp-325	1	77	,	,	PUNCT
gp-325	1	78	novi.susyani855@lecture.unjani.ac.id	novi.susyani855@lecture.unjani.ac.id	PROPN
gp-325	1	79	abstract	abstract	ADV
gp-325	1	80	this	this	DET
gp-325	1	81	study	study	NOUN
gp-325	1	82	aims	aim	VERB
gp-325	1	83	to	to	PART
gp-325	1	84	analyze	analyze	VERB
gp-325	1	85	the	the	DET
gp-325	1	86	effect	effect	NOUN
gp-325	1	87	of	of	ADP
gp-325	1	88	current	current	ADJ
gp-325	1	89	ratio	ratio	NOUN
gp-325	1	90	,	,	PUNCT
gp-325	1	91	debt	debt	NOUN
gp-325	1	92	to	to	ADP
gp-325	1	93	asset	asset	NOUN
gp-325	1	94	ratio	ratio	NOUN
gp-325	1	95	,	,	PUNCT
gp-325	1	96	and	and	CCONJ
gp-325	1	97	return	return	VERB
gp-325	1	98	on	on	ADP
gp-325	1	99	assets	asset	NOUN
gp-325	1	100	on	on	ADP
gp-325	1	101	price	price	NOUN
gp-325	1	102	to	to	ADP
gp-325	1	103	book	book	NOUN
gp-325	1	104	value	value	NOUN
gp-325	1	105	(	(	PUNCT
gp-325	1	106	pbv	pbv	VERB
gp-325	1	107	)	)	PUNCT
gp-325	1	108	in	in	ADP
gp-325	1	109	non	non	ADJ
gp-325	1	110	-	-	ADJ
gp-325	1	111	bank	bank	ADJ
gp-325	1	112	companies	company	NOUN
gp-325	1	113	listed	list	VERB
gp-325	1	114	in	in	ADP
gp-325	1	115	the	the	DET
gp-325	1	116	lq45	lq45	PROPN
gp-325	1	117	index	index	NOUN
gp-325	1	118	on	on	ADP
gp-325	1	119	the	the	DET
gp-325	1	120	indonesia	indonesia	PROPN
gp-325	1	121	stock	stock	PROPN
gp-325	1	122	exchange	exchange	PROPN
gp-325	1	123	during	during	ADP
gp-325	1	124	2019–2023	2019–2023	NUM
gp-325	1	125	.	.	PUNCT
gp-325	2	1	using	use	VERB
gp-325	2	2	a	a	DET
gp-325	2	3	quantitative	quantitative	ADJ
gp-325	2	4	approach	approach	NOUN
gp-325	2	5	with	with	ADP
gp-325	2	6	panel	panel	NOUN
gp-325	2	7	data	datum	NOUN
gp-325	2	8	regression	regression	NOUN
gp-325	2	9	and	and	CCONJ
gp-325	2	10	a	a	DET
gp-325	2	11	purposive	purposive	ADJ
gp-325	2	12	sampling	sampling	NOUN
gp-325	2	13	technique	technique	NOUN
gp-325	2	14	,	,	PUNCT
gp-325	2	15	the	the	DET
gp-325	2	16	study	study	NOUN
gp-325	2	17	selected	select	VERB
gp-325	2	18	35	35	NUM
gp-325	2	19	non	non	ADJ
gp-325	2	20	-	-	ADJ
gp-325	2	21	bank	bank	ADJ
gp-325	2	22	companies	company	NOUN
gp-325	2	23	as	as	ADP
gp-325	2	24	samples	sample	NOUN
gp-325	2	25	,	,	PUNCT
gp-325	2	26	resulting	result	VERB
gp-325	2	27	in	in	ADP
gp-325	2	28	175	175	NUM
gp-325	2	29	observations	observation	NOUN
gp-325	2	30	.	.	PUNCT
gp-325	3	1	the	the	DET
gp-325	3	2	data	data	NOUN
gp-325	3	3	analysis	analysis	NOUN
gp-325	3	4	used	use	VERB
gp-325	3	5	the	the	DET
gp-325	3	6	fixed	fixed	ADJ
gp-325	3	7	effect	effect	NOUN
gp-325	3	8	model	model	NOUN
gp-325	3	9	,	,	PUNCT
gp-325	3	10	with	with	ADP
gp-325	3	11	classical	classical	ADJ
gp-325	3	12	assumption	assumption	NOUN
gp-325	3	13	testing	testing	NOUN
gp-325	3	14	and	and	CCONJ
gp-325	3	15	hypothesis	hypothesis	NOUN
gp-325	3	16	testing	test	VERB
gp-325	3	17	through	through	ADP
gp-325	3	18	t	t	NOUN
gp-325	3	19	-	-	PUNCT
gp-325	3	20	test	test	NOUN
gp-325	3	21	,	,	PUNCT
gp-325	3	22	f	f	X
gp-325	3	23	-	-	PUNCT
gp-325	3	24	test	test	NOUN
gp-325	3	25	,	,	PUNCT
gp-325	3	26	and	and	CCONJ
gp-325	3	27	the	the	DET
gp-325	3	28	coefficient	coefficient	NOUN
gp-325	3	29	of	of	ADP
gp-325	3	30	determination	determination	NOUN
gp-325	3	31	(	(	PUNCT
gp-325	3	32	adjusted	adjust	VERB
gp-325	3	33	r²	r²	NOUN
gp-325	3	34	)	)	PUNCT
gp-325	3	35	.	.	PUNCT
gp-325	4	1	the	the	DET
gp-325	4	2	results	result	NOUN
gp-325	4	3	showed	show	VERB
gp-325	4	4	that	that	SCONJ
gp-325	4	5	individually	individually	ADV
gp-325	4	6	,	,	PUNCT
gp-325	4	7	current	current	ADJ
gp-325	4	8	ratio	ratio	NOUN
gp-325	4	9	,	,	PUNCT
gp-325	4	10	debt	debt	NOUN
gp-325	4	11	to	to	ADP
gp-325	4	12	asset	asset	NOUN
gp-325	4	13	ratio	ratio	NOUN
gp-325	4	14	,	,	PUNCT
gp-325	4	15	and	and	CCONJ
gp-325	4	16	return	return	VERB
gp-325	4	17	on	on	ADP
gp-325	4	18	assets	asset	NOUN
gp-325	4	19	did	do	AUX
gp-325	4	20	not	not	PART
gp-325	4	21	significantly	significantly	ADV
gp-325	4	22	affect	affect	VERB
gp-325	4	23	price	price	NOUN
gp-325	4	24	to	to	ADP
gp-325	4	25	book	book	NOUN
gp-325	4	26	value	value	NOUN
gp-325	4	27	.	.	PUNCT
gp-325	5	1	however	however	ADV
gp-325	5	2	,	,	PUNCT
gp-325	5	3	simultaneously	simultaneously	ADV
gp-325	5	4	,	,	PUNCT
gp-325	5	5	the	the	DET
gp-325	5	6	three	three	NUM
gp-325	5	7	variables	variable	NOUN
gp-325	5	8	significantly	significantly	ADV
gp-325	5	9	influenced	influence	VERB
gp-325	5	10	pbv	pbv	NOUN
gp-325	5	11	.	.	PUNCT
gp-325	6	1	the	the	DET
gp-325	6	2	adjusted	adjust	VERB
gp-325	6	3	r²	r²	NOUN
gp-325	6	4	value	value	NOUN
gp-325	6	5	of	of	ADP
gp-325	6	6	22.01	22.01	NUM
gp-325	6	7	%	%	NOUN
gp-325	6	8	indicates	indicate	VERB
gp-325	6	9	that	that	SCONJ
gp-325	6	10	the	the	DET
gp-325	6	11	model	model	NOUN
gp-325	6	12	explains	explain	VERB
gp-325	6	13	a	a	DET
gp-325	6	14	moderate	moderate	ADJ
gp-325	6	15	portion	portion	NOUN
gp-325	6	16	of	of	ADP
gp-325	6	17	the	the	DET
gp-325	6	18	variation	variation	NOUN
gp-325	6	19	in	in	ADP
gp-325	6	20	pbv	pbv	ADJ
gp-325	6	21	,	,	PUNCT
gp-325	6	22	while	while	SCONJ
gp-325	6	23	the	the	DET
gp-325	6	24	rest	rest	NOUN
gp-325	6	25	is	be	AUX
gp-325	6	26	influenced	influence	VERB
gp-325	6	27	by	by	ADP
gp-325	6	28	other	other	ADJ
gp-325	6	29	factors	factor	NOUN
gp-325	6	30	not	not	PART
gp-325	6	31	included	include	VERB
gp-325	6	32	in	in	ADP
gp-325	6	33	the	the	DET
gp-325	6	34	model	model	NOUN
gp-325	6	35	.	.	PUNCT
gp-325	7	1	these	these	DET
gp-325	7	2	findings	finding	NOUN
gp-325	7	3	provide	provide	VERB
gp-325	7	4	insight	insight	NOUN
gp-325	7	5	for	for	ADP
gp-325	7	6	investors	investor	NOUN
gp-325	7	7	and	and	CCONJ
gp-325	7	8	companies	company	NOUN
gp-325	7	9	regarding	regard	VERB
gp-325	7	10	the	the	DET
gp-325	7	11	financial	financial	ADJ
gp-325	7	12	ratios	ratio	NOUN
gp-325	7	13	’	'	PUNCT
gp-325	7	14	roles	role	NOUN
gp-325	7	15	in	in	ADP
gp-325	7	16	determining	determine	VERB
gp-325	7	17	firm	firm	ADJ
gp-325	7	18	value	value	NOUN
gp-325	7	19	.	.	PUNCT
gp-325	8	1	keywords	keyword	NOUN
gp-325	8	2	:	:	PUNCT
gp-325	8	3	current	current	ADJ
gp-325	8	4	ratio	ratio	NOUN
gp-325	8	5	;	;	PUNCT
gp-325	8	6	debt	debt	NOUN
gp-325	8	7	to	to	ADP
gp-325	8	8	asset	asset	NOUN
gp-325	8	9	ratio	ratio	NOUN
gp-325	8	10	;	;	PUNCT
gp-325	8	11	return	return	VERB
gp-325	8	12	on	on	ADP
gp-325	8	13	assets	asset	NOUN
gp-325	8	14	;	;	PUNCT
gp-325	8	15	price	price	NOUN
gp-325	8	16	to	to	ADP
gp-325	8	17	book	book	NOUN
gp-325	8	18	value	value	NOUN
gp-325	8	19	;	;	PUNCT
gp-325	8	20	nonbank	nonbank	NOUN
gp-325	8	21	companies	company	NOUN
gp-325	8	22	;	;	PUNCT
gp-325	8	23	lq45	lq45	PROPN
gp-325	8	24	;	;	PUNCT
gp-325	8	25	indonesia	indonesia	PROPN
gp-325	8	26	stock	stock	PROPN
gp-325	8	27	exchange	exchange	PROPN
gp-325	8	28	introduction	introduction	NOUN
gp-325	8	29	the	the	DET
gp-325	8	30	global	global	ADJ
gp-325	8	31	economy	economy	NOUN
gp-325	8	32	is	be	AUX
gp-325	8	33	experiencing	experience	VERB
gp-325	8	34	deteriorating	deteriorate	VERB
gp-325	8	35	conditions	condition	NOUN
gp-325	8	36	marked	mark	VERB
gp-325	8	37	by	by	ADP
gp-325	8	38	declining	decline	VERB
gp-325	8	39	economic	economic	ADJ
gp-325	8	40	growth	growth	NOUN
gp-325	8	41	rates	rate	NOUN
gp-325	8	42	(	(	PUNCT
gp-325	8	43	dillon	dillon	PROPN
gp-325	8	44	,	,	PUNCT
gp-325	8	45	2015	2015	NUM
gp-325	8	46	;	;	PUNCT
gp-325	8	47	mason	mason	PROPN
gp-325	8	48	&	&	CCONJ
gp-325	8	49	lee	lee	PROPN
gp-325	8	50	,	,	PUNCT
gp-325	8	51	2022	2022	NUM
gp-325	8	52	;	;	PUNCT
gp-325	8	53	mcdaniel	mcdaniel	PROPN
gp-325	8	54	,	,	PUNCT
gp-325	8	55	2018	2018	NUM
gp-325	8	56	;	;	PUNCT
gp-325	8	57	phillips	phillip	NOUN
gp-325	8	58	et	et	PROPN
gp-325	8	59	al	al	PROPN
gp-325	8	60	.	.	PROPN
gp-325	8	61	,	,	PUNCT
gp-325	8	62	2014	2014	NUM
gp-325	8	63	;	;	PUNCT
gp-325	8	64	ushakov	ushakov	PROPN
gp-325	8	65	et	et	PROPN
gp-325	8	66	al	al	PROPN
gp-325	8	67	.	.	PROPN
gp-325	8	68	,	,	PUNCT
gp-325	8	69	2019	2019	NUM
gp-325	8	70	)	)	PUNCT
gp-325	8	71	.	.	PUNCT
gp-325	9	1	in	in	ADP
gp-325	9	2	indonesia	indonesia	PROPN
gp-325	9	3	,	,	PUNCT
gp-325	9	4	significant	significant	ADJ
gp-325	9	5	development	development	NOUN
gp-325	9	6	and	and	CCONJ
gp-325	9	7	growth	growth	NOUN
gp-325	9	8	have	have	AUX
gp-325	9	9	been	be	AUX
gp-325	9	10	observed	observe	VERB
gp-325	9	11	in	in	ADP
gp-325	9	12	recent	recent	ADJ
gp-325	9	13	years	year	NOUN
gp-325	9	14	,	,	PUNCT
gp-325	9	15	as	as	SCONJ
gp-325	9	16	evidenced	evidence	VERB
gp-325	9	17	by	by	ADP
gp-325	9	18	the	the	DET
gp-325	9	19	increasing	increase	VERB
gp-325	9	20	number	number	NOUN
gp-325	9	21	of	of	ADP
gp-325	9	22	people	people	NOUN
gp-325	9	23	engaging	engage	VERB
gp-325	9	24	in	in	ADP
gp-325	9	25	trade	trade	NOUN
gp-325	9	26	,	,	PUNCT
gp-325	9	27	including	include	VERB
gp-325	9	28	investment	investment	NOUN
gp-325	9	29	activities	activity	NOUN
gp-325	9	30	.	.	PUNCT
gp-325	10	1	investing	investing	NOUN
gp-325	10	2	has	have	AUX
gp-325	10	3	become	become	VERB
gp-325	10	4	a	a	DET
gp-325	10	5	trend	trend	NOUN
gp-325	10	6	among	among	ADP
gp-325	10	7	the	the	DET
gp-325	10	8	public	public	NOUN
gp-325	10	9	,	,	PUNCT
gp-325	10	10	as	as	SCONJ
gp-325	10	11	the	the	DET
gp-325	10	12	prospects	prospect	NOUN
gp-325	10	13	of	of	ADP
gp-325	10	14	investing	investing	NOUN
gp-325	10	15	are	be	AUX
gp-325	10	16	highly	highly	ADV
gp-325	10	17	promising	promising	ADJ
gp-325	10	18	for	for	ADP
gp-325	10	19	investors	investor	NOUN
gp-325	10	20	(	(	PUNCT
gp-325	10	21	ahmad	ahmad	PROPN
gp-325	10	22	,	,	PUNCT
gp-325	10	23	2024	2024	NUM
gp-325	10	24	;	;	PUNCT
gp-325	10	25	milton	milton	PROPN
gp-325	10	26	et	et	PROPN
gp-325	10	27	al	al	PROPN
gp-325	10	28	.	.	PROPN
gp-325	10	29	,	,	PUNCT
gp-325	10	30	2021	2021	NUM
gp-325	10	31	;	;	PUNCT
gp-325	10	32	polishchuk	polishchuk	VERB
gp-325	10	33	et	et	PROPN
gp-325	10	34	al	al	PROPN
gp-325	10	35	.	.	PROPN
gp-325	10	36	,	,	PUNCT
gp-325	10	37	2022	2022	NUM
gp-325	10	38	;	;	PUNCT
gp-325	10	39	vovchak	vovchak	VERB
gp-325	10	40	et	et	PROPN
gp-325	10	41	al	al	PROPN
gp-325	10	42	.	.	PROPN
gp-325	10	43	,	,	PUNCT
gp-325	10	44	2022	2022	NUM
gp-325	10	45	;	;	PUNCT
gp-325	10	46	ye	ye	PRON
gp-325	10	47	et	et	NOUN
gp-325	10	48	al	al	PROPN
gp-325	10	49	.	.	PROPN
gp-325	10	50	,	,	PUNCT
gp-325	10	51	2023	2023	NUM
gp-325	10	52	)	)	PUNCT
gp-325	10	53	.	.	PUNCT
gp-325	11	1	the	the	DET
gp-325	11	2	purpose	purpose	NOUN
gp-325	11	3	of	of	ADP
gp-325	11	4	investing	investing	NOUN
gp-325	11	5	is	be	AUX
gp-325	11	6	to	to	PART
gp-325	11	7	generate	generate	VERB
gp-325	11	8	future	future	ADJ
gp-325	11	9	profits	profit	NOUN
gp-325	11	10	.	.	PUNCT
gp-325	12	1	one	one	NUM
gp-325	12	2	form	form	NOUN
gp-325	12	3	of	of	ADP
gp-325	12	4	investment	investment	NOUN
gp-325	12	5	that	that	PRON
gp-325	12	6	has	have	AUX
gp-325	12	7	attracted	attract	VERB
gp-325	12	8	a	a	DET
gp-325	12	9	significant	significant	ADJ
gp-325	12	10	number	number	NOUN
gp-325	12	11	of	of	ADP
gp-325	12	12	investors	investor	NOUN
gp-325	12	13	,	,	PUNCT
gp-325	12	14	both	both	CCONJ
gp-325	12	15	local	local	ADJ
gp-325	12	16	and	and	CCONJ
gp-325	12	17	foreign	foreign	ADJ
gp-325	12	18	,	,	PUNCT
gp-325	12	19	is	be	AUX
gp-325	12	20	stock	stock	NOUN
gp-325	12	21	investment	investment	NOUN
gp-325	12	22	.	.	PUNCT
gp-325	13	1	investment	investment	NOUN
gp-325	13	2	is	be	AUX
gp-325	13	3	an	an	DET
gp-325	13	4	activity	activity	NOUN
gp-325	13	5	that	that	PRON
gp-325	13	6	requires	require	VERB
gp-325	13	7	a	a	DET
gp-325	13	8	commitment	commitment	NOUN
gp-325	13	9	to	to	PART
gp-325	13	10	allocate	allocate	VERB
gp-325	13	11	capital	capital	NOUN
gp-325	13	12	,	,	PUNCT
gp-325	13	13	either	either	CCONJ
gp-325	13	14	directly	directly	ADV
gp-325	13	15	or	or	CCONJ
gp-325	13	16	indirectly	indirectly	ADV
gp-325	13	17	,	,	PUNCT
gp-325	13	18	with	with	ADP
gp-325	13	19	the	the	DET
gp-325	13	20	expectation	expectation	NOUN
gp-325	13	21	of	of	ADP
gp-325	13	22	generating	generate	VERB
gp-325	13	23	profits	profit	NOUN
gp-325	13	24	from	from	ADP
gp-325	13	25	the	the	DET
gp-325	13	26	results	result	NOUN
gp-325	13	27	of	of	ADP
gp-325	13	28	the	the	DET
gp-325	13	29	capital	capital	NOUN
gp-325	13	30	allocation	allocation	NOUN
gp-325	13	31	and	and	CCONJ
gp-325	13	32	the	the	DET
gp-325	13	33	hope	hope	NOUN
gp-325	13	34	of	of	ADP
gp-325	13	35	selling	sell	VERB
gp-325	13	36	it	it	PRON
gp-325	13	37	back	back	ADV
gp-325	13	38	at	at	ADP
gp-325	13	39	a	a	DET
gp-325	13	40	higher	high	ADJ
gp-325	13	41	value	value	NOUN
gp-325	13	42	than	than	ADP
gp-325	13	43	the	the	DET
gp-325	13	44	purchase	purchase	NOUN
gp-325	13	45	price	price	NOUN
gp-325	13	46	(	(	PUNCT
gp-325	13	47	cohen	cohen	NOUN
gp-325	13	48	et	et	PROPN
gp-325	13	49	al	al	PROPN
gp-325	13	50	.	.	PROPN
gp-325	13	51	,	,	PUNCT
gp-325	13	52	2021	2021	NUM
gp-325	13	53	;	;	PUNCT
gp-325	13	54	dang	dang	PROPN
gp-325	13	55	&	&	CCONJ
gp-325	13	56	pheng	pheng	PROPN
gp-325	13	57	,	,	PUNCT
gp-325	13	58	2015	2015	NUM
gp-325	13	59	;	;	PUNCT
gp-325	13	60	katariya	katariya	PROPN
gp-325	13	61	&	&	CCONJ
gp-325	13	62	shukla	shukla	PROPN
gp-325	13	63	,	,	PUNCT
gp-325	13	64	2022	2022	NUM
gp-325	13	65	;	;	PUNCT
gp-325	13	66	milton	milton	PROPN
gp-325	13	67	et	et	PROPN
gp-325	13	68	al	al	PROPN
gp-325	13	69	.	.	PROPN
gp-325	13	70	,	,	PUNCT
gp-325	13	71	2021	2021	NUM
gp-325	13	72	;	;	PUNCT
gp-325	13	73	nuradi	nuradi	PROPN
gp-325	13	74	&	&	CCONJ
gp-325	13	75	fatimah	fatimah	PROPN
gp-325	13	76	,	,	PUNCT
gp-325	13	77	2015	2015	NUM
gp-325	13	78	)	)	PUNCT
gp-325	13	79	.	.	PUNCT
gp-325	14	1	one	one	NUM
gp-325	14	2	of	of	ADP
gp-325	14	3	the	the	DET
gp-325	14	4	investment	investment	NOUN
gp-325	14	5	institutions	institution	NOUN
gp-325	14	6	that	that	PRON
gp-325	14	7	plays	play	VERB
gp-325	14	8	a	a	DET
gp-325	14	9	role	role	NOUN
gp-325	14	10	in	in	ADP
gp-325	14	11	indonesia	indonesia	PROPN
gp-325	14	12	's	's	PART
gp-325	14	13	economic	economic	ADJ
gp-325	14	14	growth	growth	NOUN
gp-325	14	15	is	be	AUX
gp-325	14	16	the	the	DET
gp-325	14	17	capital	capital	NOUN
gp-325	14	18	market	market	NOUN
gp-325	14	19	.	.	PUNCT
gp-325	15	1	with	with	ADP
gp-325	15	2	the	the	DET
gp-325	15	3	existence	existence	NOUN
gp-325	15	4	of	of	ADP
gp-325	15	5	the	the	DET
gp-325	15	6	capital	capital	NOUN
gp-325	15	7	american	american	PROPN
gp-325	15	8	journal	journal	PROPN
gp-325	15	9	of	of	ADP
gp-325	15	10	economic	economic	ADJ
gp-325	15	11	and	and	CCONJ
gp-325	15	12	management	management	NOUN
gp-325	15	13	business	business	NOUN
gp-325	15	14	vol	vol	NOUN
gp-325	15	15	.	.	PROPN
gp-325	15	16	4	4	NUM
gp-325	15	17	no	no	NOUN
gp-325	15	18	.	.	NOUN
gp-325	15	19	8	8	NUM
gp-325	15	20	agustus	agustus	NOUN
gp-325	15	21	2025	2025	NUM
gp-325	15	22	1279	1279	NUM
gp-325	15	23	market	market	NOUN
gp-325	15	24	,	,	PUNCT
gp-325	15	25	the	the	DET
gp-325	15	26	public	public	NOUN
gp-325	15	27	has	have	VERB
gp-325	15	28	the	the	DET
gp-325	15	29	opportunity	opportunity	NOUN
gp-325	15	30	to	to	PART
gp-325	15	31	invest	invest	VERB
gp-325	15	32	easily	easily	ADV
gp-325	15	33	,	,	PUNCT
gp-325	15	34	thereby	thereby	ADV
gp-325	15	35	increasing	increase	VERB
gp-325	15	36	income	income	NOUN
gp-325	15	37	and	and	CCONJ
gp-325	15	38	driving	drive	VERB
gp-325	15	39	economic	economic	ADJ
gp-325	15	40	growth	growth	NOUN
gp-325	15	41	.	.	PUNCT
gp-325	16	1	when	when	SCONJ
gp-325	16	2	investing	invest	VERB
gp-325	16	3	in	in	ADP
gp-325	16	4	the	the	DET
gp-325	16	5	capital	capital	NOUN
gp-325	16	6	market	market	NOUN
gp-325	16	7	,	,	PUNCT
gp-325	16	8	it	it	PRON
gp-325	16	9	is	be	AUX
gp-325	16	10	necessary	necessary	ADJ
gp-325	16	11	to	to	PART
gp-325	16	12	consider	consider	VERB
gp-325	16	13	accurate	accurate	ADJ
gp-325	16	14	information	information	NOUN
gp-325	16	15	,	,	PUNCT
gp-325	16	16	such	such	ADJ
gp-325	16	17	as	as	ADP
gp-325	16	18	understanding	understand	VERB
gp-325	16	19	the	the	DET
gp-325	16	20	extent	extent	NOUN
gp-325	16	21	to	to	PART
gp-325	16	22	which	which	PRON
gp-325	16	23	variables	variable	NOUN
gp-325	16	24	are	be	AUX
gp-325	16	25	closely	closely	ADV
gp-325	16	26	related	relate	VERB
gp-325	16	27	to	to	ADP
gp-325	16	28	the	the	DET
gp-325	16	29	fluctuations	fluctuation	NOUN
gp-325	16	30	in	in	ADP
gp-325	16	31	the	the	DET
gp-325	16	32	prices	price	NOUN
gp-325	16	33	of	of	ADP
gp-325	16	34	the	the	DET
gp-325	16	35	companies	company	NOUN
gp-325	16	36	being	be	AUX
gp-325	16	37	purchased	purchase	VERB
gp-325	16	38	.	.	PUNCT
gp-325	17	1	the	the	DET
gp-325	17	2	lq45	lq45	PROPN
gp-325	17	3	index	index	NOUN
gp-325	17	4	is	be	AUX
gp-325	17	5	the	the	DET
gp-325	17	6	market	market	NOUN
gp-325	17	7	capitalization	capitalization	NOUN
gp-325	17	8	value	value	NOUN
gp-325	17	9	of	of	ADP
gp-325	17	10	the	the	DET
gp-325	17	11	45	45	NUM
gp-325	17	12	most	most	ADV
gp-325	17	13	liquid	liquid	ADJ
gp-325	17	14	stocks	stock	NOUN
gp-325	17	15	with	with	ADP
gp-325	17	16	large	large	ADJ
gp-325	17	17	market	market	NOUN
gp-325	17	18	capitalization	capitalization	NOUN
gp-325	17	19	,	,	PUNCT
gp-325	17	20	which	which	PRON
gp-325	17	21	serves	serve	VERB
gp-325	17	22	as	as	ADP
gp-325	17	23	an	an	DET
gp-325	17	24	indicator	indicator	NOUN
gp-325	17	25	of	of	ADP
gp-325	17	26	liquidity	liquidity	NOUN
gp-325	17	27	.	.	PUNCT
gp-325	18	1	the	the	DET
gp-325	18	2	lq45	lq45	PROPN
gp-325	18	3	index	index	NOUN
gp-325	18	4	uses	use	VERB
gp-325	18	5	45	45	NUM
gp-325	18	6	stocks	stock	NOUN
gp-325	18	7	selected	select	VERB
gp-325	18	8	based	base	VERB
gp-325	18	9	on	on	ADP
gp-325	18	10	trading	trading	NOUN
gp-325	18	11	liquidity	liquidity	NOUN
gp-325	18	12	and	and	CCONJ
gp-325	18	13	is	be	AUX
gp-325	18	14	adjusted	adjust	VERB
gp-325	18	15	every	every	DET
gp-325	18	16	six	six	NUM
gp-325	18	17	months	month	NOUN
gp-325	18	18	(	(	PUNCT
gp-325	18	19	at	at	ADP
gp-325	18	20	the	the	DET
gp-325	18	21	beginning	beginning	NOUN
gp-325	18	22	of	of	ADP
gp-325	18	23	february	february	PROPN
gp-325	18	24	and	and	CCONJ
gp-325	18	25	august	august	PROPN
gp-325	18	26	)	)	PUNCT
gp-325	18	27	.	.	PUNCT
gp-325	19	1	as	as	ADP
gp-325	19	2	a	a	DET
gp-325	19	3	result	result	NOUN
gp-325	19	4	,	,	PUNCT
gp-325	19	5	the	the	DET
gp-325	19	6	stocks	stock	NOUN
gp-325	19	7	included	include	VERB
gp-325	19	8	in	in	ADP
gp-325	19	9	the	the	DET
gp-325	19	10	index	index	NOUN
gp-325	19	11	will	will	AUX
gp-325	19	12	always	always	ADV
gp-325	19	13	change	change	VERB
gp-325	19	14	.	.	PUNCT
gp-325	20	1	the	the	DET
gp-325	20	2	stocks	stock	NOUN
gp-325	20	3	included	include	VERB
gp-325	20	4	in	in	ADP
gp-325	20	5	lq45	lq45	PROPN
gp-325	20	6	are	be	AUX
gp-325	20	7	continuously	continuously	ADV
gp-325	20	8	monitored	monitor	VERB
gp-325	20	9	,	,	PUNCT
gp-325	20	10	and	and	CCONJ
gp-325	20	11	a	a	DET
gp-325	20	12	review	review	NOUN
gp-325	20	13	is	be	AUX
gp-325	20	14	conducted	conduct	VERB
gp-325	20	15	every	every	DET
gp-325	20	16	six	six	NUM
gp-325	20	17	months	month	NOUN
gp-325	20	18	(	(	PUNCT
gp-325	20	19	at	at	ADP
gp-325	20	20	the	the	DET
gp-325	20	21	beginning	beginning	NOUN
gp-325	20	22	of	of	ADP
gp-325	20	23	february	february	PROPN
gp-325	20	24	and	and	CCONJ
gp-325	20	25	august	august	PROPN
gp-325	20	26	)	)	PUNCT
gp-325	20	27	.	.	PUNCT
gp-325	21	1	the	the	DET
gp-325	21	2	reason	reason	NOUN
gp-325	21	3	researchers	researcher	NOUN
gp-325	21	4	chose	choose	VERB
gp-325	21	5	the	the	DET
gp-325	21	6	lq45	lq45	PROPN
gp-325	21	7	index	index	NOUN
gp-325	21	8	is	be	AUX
gp-325	21	9	because	because	SCONJ
gp-325	21	10	of	of	ADP
gp-325	21	11	its	its	PRON
gp-325	21	12	liquidity	liquidity	NOUN
gp-325	21	13	and	and	CCONJ
gp-325	21	14	market	market	NOUN
gp-325	21	15	capitalization	capitalization	NOUN
gp-325	21	16	,	,	PUNCT
gp-325	21	17	as	as	SCONJ
gp-325	21	18	the	the	DET
gp-325	21	19	lq45	lq45	PROPN
gp-325	21	20	index	index	NOUN
gp-325	21	21	consists	consist	VERB
gp-325	21	22	of	of	ADP
gp-325	21	23	45	45	NUM
gp-325	21	24	stocks	stock	NOUN
gp-325	21	25	with	with	ADP
gp-325	21	26	high	high	ADJ
gp-325	21	27	liquidity	liquidity	NOUN
gp-325	21	28	and	and	CCONJ
gp-325	21	29	large	large	ADJ
gp-325	21	30	market	market	NOUN
gp-325	21	31	capitalization	capitalization	NOUN
gp-325	21	32	,	,	PUNCT
gp-325	21	33	supported	support	VERB
gp-325	21	34	by	by	ADP
gp-325	21	35	strong	strong	ADJ
gp-325	21	36	company	company	NOUN
gp-325	21	37	fundamentals	fundamental	NOUN
gp-325	21	38	(	(	PUNCT
gp-325	21	39	indonesia	indonesia	PROPN
gp-325	21	40	stock	stock	PROPN
gp-325	21	41	exchange	exchange	PROPN
gp-325	21	42	,	,	PUNCT
gp-325	21	43	2022	2022	NUM
gp-325	21	44	)	)	PUNCT
gp-325	21	45	.	.	PUNCT
gp-325	22	1	these	these	DET
gp-325	22	2	stocks	stock	NOUN
gp-325	22	3	are	be	AUX
gp-325	22	4	the	the	DET
gp-325	22	5	most	most	ADV
gp-325	22	6	actively	actively	ADV
gp-325	22	7	traded	trade	VERB
gp-325	22	8	and	and	CCONJ
gp-325	22	9	have	have	VERB
gp-325	22	10	larger	large	ADJ
gp-325	22	11	transaction	transaction	NOUN
gp-325	22	12	volumes	volume	NOUN
gp-325	22	13	.	.	PUNCT
gp-325	23	1	this	this	PRON
gp-325	23	2	provides	provide	VERB
gp-325	23	3	an	an	DET
gp-325	23	4	advantage	advantage	NOUN
gp-325	23	5	for	for	ADP
gp-325	23	6	investors	investor	NOUN
gp-325	23	7	seeking	seek	VERB
gp-325	23	8	ease	ease	NOUN
gp-325	23	9	in	in	ADP
gp-325	23	10	buying	buy	VERB
gp-325	23	11	and	and	CCONJ
gp-325	23	12	selling	sell	VERB
gp-325	23	13	stocks	stock	NOUN
gp-325	23	14	without	without	ADP
gp-325	23	15	significantly	significantly	ADV
gp-325	23	16	impacting	impact	VERB
gp-325	23	17	market	market	NOUN
gp-325	23	18	prices	price	NOUN
gp-325	23	19	(	(	PUNCT
gp-325	23	20	ojk	ojk	NOUN
gp-325	23	21	,	,	PUNCT
gp-325	23	22	2021	2021	NUM
gp-325	23	23	)	)	PUNCT
gp-325	23	24	.	.	PUNCT
gp-325	24	1	similarly	similarly	ADV
gp-325	24	2	,	,	PUNCT
gp-325	24	3	the	the	DET
gp-325	24	4	idx80	idx80	NOUN
gp-325	24	5	includes	include	VERB
gp-325	24	6	80	80	NUM
gp-325	24	7	stocks	stock	NOUN
gp-325	24	8	with	with	ADP
gp-325	24	9	similar	similar	ADJ
gp-325	24	10	characteristics	characteristic	NOUN
gp-325	24	11	.	.	PUNCT
gp-325	25	1	however	however	ADV
gp-325	25	2	,	,	PUNCT
gp-325	25	3	the	the	DET
gp-325	25	4	lq45	lq45	PROPN
gp-325	25	5	is	be	AUX
gp-325	25	6	considered	consider	VERB
gp-325	25	7	more	more	ADV
gp-325	25	8	exclusive	exclusive	ADJ
gp-325	25	9	due	due	ADP
gp-325	25	10	to	to	ADP
gp-325	25	11	the	the	DET
gp-325	25	12	smaller	small	ADJ
gp-325	25	13	number	number	NOUN
gp-325	25	14	of	of	ADP
gp-325	25	15	stocks	stock	NOUN
gp-325	25	16	,	,	PUNCT
gp-325	25	17	making	make	VERB
gp-325	25	18	it	it	PRON
gp-325	25	19	easier	easy	ADJ
gp-325	25	20	for	for	SCONJ
gp-325	25	21	investors	investor	NOUN
gp-325	25	22	to	to	PART
gp-325	25	23	monitor	monitor	VERB
gp-325	25	24	and	and	CCONJ
gp-325	25	25	analyze	analyze	VERB
gp-325	25	26	their	their	PRON
gp-325	25	27	performance	performance	NOUN
gp-325	25	28	(	(	PUNCT
gp-325	25	29	prasetyo	prasetyo	NOUN
gp-325	25	30	and	and	CCONJ
gp-325	25	31	suryandari	suryandari	ADJ
gp-325	25	32	,	,	PUNCT
gp-325	25	33	2020	2020	NUM
gp-325	25	34	)	)	PUNCT
gp-325	25	35	.	.	PUNCT
gp-325	26	1	one	one	NUM
gp-325	26	2	of	of	ADP
gp-325	26	3	the	the	DET
gp-325	26	4	objectives	objective	NOUN
gp-325	26	5	of	of	ADP
gp-325	26	6	a	a	DET
gp-325	26	7	company	company	NOUN
gp-325	26	8	is	be	AUX
gp-325	26	9	to	to	PART
gp-325	26	10	maximize	maximize	VERB
gp-325	26	11	shareholder	shareholder	NOUN
gp-325	26	12	welfare	welfare	NOUN
gp-325	26	13	by	by	ADP
gp-325	26	14	maximizing	maximize	VERB
gp-325	26	15	company	company	NOUN
gp-325	26	16	value	value	NOUN
gp-325	26	17	(	(	PUNCT
gp-325	26	18	putri	putri	PROPN
gp-325	26	19	et	et	PROPN
gp-325	26	20	al	al	PROPN
gp-325	26	21	.	.	PROPN
gp-325	26	22	,	,	PUNCT
gp-325	26	23	2024	2024	NUM
gp-325	26	24	)	)	PUNCT
gp-325	26	25	.	.	PUNCT
gp-325	27	1	company	company	NOUN
gp-325	27	2	value	value	NOUN
gp-325	27	3	can	can	AUX
gp-325	27	4	be	be	AUX
gp-325	27	5	seen	see	VERB
gp-325	27	6	as	as	ADP
gp-325	27	7	an	an	DET
gp-325	27	8	investor	investor	NOUN
gp-325	27	9	's	's	PART
gp-325	27	10	perception	perception	NOUN
gp-325	27	11	of	of	ADP
gp-325	27	12	the	the	DET
gp-325	27	13	company	company	NOUN
gp-325	27	14	.	.	PUNCT
gp-325	28	1	investors	investor	NOUN
gp-325	28	2	use	use	VERB
gp-325	28	3	company	company	NOUN
gp-325	28	4	value	value	NOUN
gp-325	28	5	as	as	ADP
gp-325	28	6	a	a	DET
gp-325	28	7	benchmark	benchmark	NOUN
gp-325	28	8	to	to	PART
gp-325	28	9	measure	measure	VERB
gp-325	28	10	a	a	DET
gp-325	28	11	company	company	NOUN
gp-325	28	12	's	's	PART
gp-325	28	13	performance	performance	NOUN
gp-325	28	14	in	in	ADP
gp-325	28	15	the	the	DET
gp-325	28	16	coming	come	VERB
gp-325	28	17	period	period	NOUN
gp-325	28	18	.	.	PUNCT
gp-325	29	1	one	one	NUM
gp-325	29	2	of	of	ADP
gp-325	29	3	the	the	DET
gp-325	29	4	methods	method	NOUN
gp-325	29	5	that	that	PRON
gp-325	29	6	investors	investor	NOUN
gp-325	29	7	use	use	VERB
gp-325	29	8	to	to	PART
gp-325	29	9	measure	measure	VERB
gp-325	29	10	company	company	NOUN
gp-325	29	11	value	value	NOUN
gp-325	29	12	is	be	AUX
gp-325	29	13	price	price	NOUN
gp-325	29	14	to	to	ADP
gp-325	29	15	book	book	NOUN
gp-325	29	16	value	value	NOUN
gp-325	29	17	(	(	PUNCT
gp-325	29	18	pbv	pbv	ADJ
gp-325	29	19	)	)	PUNCT
gp-325	29	20	.	.	PUNCT
gp-325	30	1	the	the	DET
gp-325	30	2	reason	reason	NOUN
gp-325	30	3	for	for	ADP
gp-325	30	4	choosing	choose	VERB
gp-325	30	5	price	price	NOUN
gp-325	30	6	to	to	ADP
gp-325	30	7	book	book	NOUN
gp-325	30	8	value	value	NOUN
gp-325	30	9	rather	rather	ADV
gp-325	30	10	than	than	ADP
gp-325	30	11	tobin	tobin	PROPN
gp-325	30	12	's	's	PART
gp-325	30	13	q	q	NOUN
gp-325	30	14	is	be	AUX
gp-325	30	15	that	that	PRON
gp-325	30	16	pbv	pbv	ADJ
gp-325	30	17	is	be	AUX
gp-325	30	18	more	more	ADV
gp-325	30	19	commonly	commonly	ADV
gp-325	30	20	used	use	VERB
gp-325	30	21	and	and	CCONJ
gp-325	30	22	,	,	PUNCT
gp-325	30	23	compared	compare	VERB
gp-325	30	24	to	to	ADP
gp-325	30	25	tobin	tobin	PROPN
gp-325	30	26	's	's	PART
gp-325	30	27	q	q	NOUN
gp-325	30	28	,	,	PUNCT
gp-325	30	29	is	be	AUX
gp-325	30	30	simpler	simple	ADJ
gp-325	30	31	,	,	PUNCT
gp-325	30	32	easier	easy	ADJ
gp-325	30	33	to	to	PART
gp-325	30	34	calculate	calculate	VERB
gp-325	30	35	,	,	PUNCT
gp-325	30	36	and	and	CCONJ
gp-325	30	37	requires	require	VERB
gp-325	30	38	data	datum	NOUN
gp-325	30	39	that	that	PRON
gp-325	30	40	is	be	AUX
gp-325	30	41	more	more	ADV
gp-325	30	42	easily	easily	ADV
gp-325	30	43	accessible	accessible	ADJ
gp-325	30	44	.	.	PUNCT
gp-325	31	1	price	price	NOUN
gp-325	31	2	to	to	ADP
gp-325	31	3	book	book	NOUN
gp-325	31	4	value	value	NOUN
gp-325	31	5	is	be	AUX
gp-325	31	6	obtained	obtain	VERB
gp-325	31	7	by	by	ADP
gp-325	31	8	comparing	compare	VERB
gp-325	31	9	the	the	DET
gp-325	31	10	company	company	NOUN
gp-325	31	11	's	's	PART
gp-325	31	12	stock	stock	NOUN
gp-325	31	13	price	price	NOUN
gp-325	31	14	with	with	ADP
gp-325	31	15	its	its	PRON
gp-325	31	16	book	book	NOUN
gp-325	31	17	value	value	NOUN
gp-325	31	18	per	per	ADP
gp-325	31	19	share	share	NOUN
gp-325	31	20	,	,	PUNCT
gp-325	31	21	thus	thus	ADV
gp-325	31	22	requiring	require	VERB
gp-325	31	23	only	only	ADJ
gp-325	31	24	market	market	NOUN
gp-325	31	25	data	datum	NOUN
gp-325	31	26	and	and	CCONJ
gp-325	31	27	publicly	publicly	ADV
gp-325	31	28	available	available	ADJ
gp-325	31	29	financial	financial	ADJ
gp-325	31	30	statements	statement	NOUN
gp-325	31	31	(	(	PUNCT
gp-325	31	32	brigham	brigham	PROPN
gp-325	31	33	and	and	CCONJ
gp-325	31	34	houston	houston	PROPN
gp-325	31	35	,	,	PUNCT
gp-325	31	36	2010	2010	NUM
gp-325	31	37	)	)	PUNCT
gp-325	31	38	.	.	PUNCT
gp-325	32	1	meanwhile	meanwhile	ADV
gp-325	32	2	,	,	PUNCT
gp-325	32	3	tobin	tobin	PROPN
gp-325	32	4	’s	’s	PART
gp-325	32	5	q	q	PROPN
gp-325	32	6	compares	compare	VERB
gp-325	32	7	the	the	DET
gp-325	32	8	market	market	NOUN
gp-325	32	9	value	value	NOUN
gp-325	32	10	of	of	ADP
gp-325	32	11	a	a	DET
gp-325	32	12	company	company	NOUN
gp-325	32	13	’s	’s	PART
gp-325	32	14	assets	asset	NOUN
gp-325	32	15	with	with	ADP
gp-325	32	16	the	the	DET
gp-325	32	17	replacement	replacement	NOUN
gp-325	32	18	cost	cost	NOUN
gp-325	32	19	of	of	ADP
gp-325	32	20	those	those	DET
gp-325	32	21	assets	asset	NOUN
gp-325	32	22	,	,	PUNCT
gp-325	32	23	which	which	PRON
gp-325	32	24	is	be	AUX
gp-325	32	25	difficult	difficult	ADJ
gp-325	32	26	to	to	PART
gp-325	32	27	measure	measure	VERB
gp-325	32	28	accurately	accurately	ADV
gp-325	32	29	because	because	SCONJ
gp-325	32	30	it	it	PRON
gp-325	32	31	requires	require	VERB
gp-325	32	32	estimates	estimate	NOUN
gp-325	32	33	of	of	ADP
gp-325	32	34	replacement	replacement	NOUN
gp-325	32	35	costs	cost	NOUN
gp-325	32	36	that	that	PRON
gp-325	32	37	are	be	AUX
gp-325	32	38	often	often	ADV
gp-325	32	39	not	not	PART
gp-325	32	40	directly	directly	ADV
gp-325	32	41	available	available	ADJ
gp-325	32	42	(	(	PUNCT
gp-325	32	43	damodaran	damodaran	VERB
gp-325	32	44	,	,	PUNCT
gp-325	32	45	2002	2002	NUM
gp-325	32	46	)	)	PUNCT
gp-325	32	47	.	.	PUNCT
gp-325	33	1	additionally	additionally	ADV
gp-325	33	2	,	,	PUNCT
gp-325	33	3	pbv	pbv	VERB
gp-325	33	4	is	be	AUX
gp-325	33	5	more	more	ADV
gp-325	33	6	commonly	commonly	ADV
gp-325	33	7	applied	apply	VERB
gp-325	33	8	in	in	ADP
gp-325	33	9	investment	investment	NOUN
gp-325	33	10	practice	practice	NOUN
gp-325	33	11	because	because	SCONJ
gp-325	33	12	it	it	PRON
gp-325	33	13	provides	provide	VERB
gp-325	33	14	an	an	DET
gp-325	33	15	indication	indication	NOUN
gp-325	33	16	of	of	ADP
gp-325	33	17	whether	whether	SCONJ
gp-325	33	18	a	a	DET
gp-325	33	19	company	company	NOUN
gp-325	33	20	’s	’s	PART
gp-325	33	21	stock	stock	NOUN
gp-325	33	22	is	be	AUX
gp-325	33	23	overvalued	overvalue	VERB
gp-325	33	24	or	or	CCONJ
gp-325	33	25	undervalued	undervalue	VERB
gp-325	33	26	relative	relative	NOUN
gp-325	33	27	to	to	ADP
gp-325	33	28	its	its	PRON
gp-325	33	29	book	book	NOUN
gp-325	33	30	value	value	NOUN
gp-325	33	31	.	.	PUNCT
gp-325	34	1	therefore	therefore	ADV
gp-325	34	2	,	,	PUNCT
gp-325	34	3	many	many	ADJ
gp-325	34	4	studies	study	NOUN
gp-325	34	5	in	in	ADP
gp-325	34	6	indonesia	indonesia	PROPN
gp-325	34	7	prefer	prefer	VERB
gp-325	34	8	pbv	pbv	VERB
gp-325	34	9	as	as	ADP
gp-325	34	10	an	an	DET
gp-325	34	11	indicator	indicator	NOUN
gp-325	34	12	of	of	ADP
gp-325	34	13	company	company	NOUN
gp-325	34	14	value	value	NOUN
gp-325	34	15	due	due	ADP
gp-325	34	16	to	to	ADP
gp-325	34	17	its	its	PRON
gp-325	34	18	suitability	suitability	NOUN
gp-325	34	19	with	with	ADP
gp-325	34	20	available	available	ADJ
gp-325	34	21	data	datum	NOUN
gp-325	34	22	(	(	PUNCT
gp-325	34	23	kuncoro	kuncoro	PROPN
gp-325	34	24	and	and	CCONJ
gp-325	34	25	suhardjanto	suhardjanto	PROPN
gp-325	34	26	,	,	PUNCT
gp-325	34	27	2012	2012	NUM
gp-325	34	28	)	)	PUNCT
gp-325	34	29	.	.	PUNCT
gp-325	35	1	the	the	DET
gp-325	35	2	pbv	pbv	NOUN
gp-325	35	3	of	of	ADP
gp-325	35	4	each	each	DET
gp-325	35	5	public	public	ADJ
gp-325	35	6	company	company	NOUN
gp-325	35	7	—	—	PUNCT
gp-325	35	8	or	or	CCONJ
gp-325	35	9	company	company	NOUN
gp-325	35	10	that	that	PRON
gp-325	35	11	has	have	AUX
gp-325	35	12	sold	sell	VERB
gp-325	35	13	shares	share	NOUN
gp-325	35	14	to	to	ADP
gp-325	35	15	the	the	DET
gp-325	35	16	public	public	NOUN
gp-325	35	17	—	—	PUNCT
gp-325	35	18	can	can	AUX
gp-325	35	19	be	be	AUX
gp-325	35	20	reflected	reflect	VERB
gp-325	35	21	through	through	ADP
gp-325	35	22	the	the	DET
gp-325	35	23	company	company	NOUN
gp-325	35	24	's	's	PART
gp-325	35	25	performance	performance	NOUN
gp-325	35	26	as	as	SCONJ
gp-325	35	27	seen	see	VERB
gp-325	35	28	in	in	ADP
gp-325	35	29	its	its	PRON
gp-325	35	30	publicly	publicly	ADV
gp-325	35	31	published	publish	VERB
gp-325	35	32	financial	financial	ADJ
gp-325	35	33	statements	statement	NOUN
gp-325	35	34	.	.	PUNCT
gp-325	36	1	a	a	DET
gp-325	36	2	company	company	NOUN
gp-325	36	3	's	's	PART
gp-325	36	4	ability	ability	NOUN
gp-325	36	5	to	to	PART
gp-325	36	6	meet	meet	VERB
gp-325	36	7	its	its	PRON
gp-325	36	8	current	current	ADJ
gp-325	36	9	obligations	obligation	NOUN
gp-325	36	10	also	also	ADV
gp-325	36	11	influences	influence	VERB
gp-325	36	12	investor	investor	NOUN
gp-325	36	13	interest	interest	NOUN
gp-325	36	14	in	in	ADP
gp-325	36	15	allocating	allocate	VERB
gp-325	36	16	funds	fund	NOUN
gp-325	36	17	,	,	PUNCT
gp-325	36	18	which	which	PRON
gp-325	36	19	is	be	AUX
gp-325	36	20	crucial	crucial	ADJ
gp-325	36	21	for	for	ADP
gp-325	36	22	maintaining	maintain	VERB
gp-325	36	23	the	the	DET
gp-325	36	24	company	company	NOUN
gp-325	36	25	's	's	PART
gp-325	36	26	performance	performance	NOUN
gp-325	36	27	.	.	PUNCT
gp-325	37	1	in	in	ADP
gp-325	37	2	addition	addition	NOUN
gp-325	37	3	,	,	PUNCT
gp-325	37	4	when	when	SCONJ
gp-325	37	5	investing	investing	NOUN
gp-325	37	6	,	,	PUNCT
gp-325	37	7	an	an	DET
gp-325	37	8	investor	investor	NOUN
gp-325	37	9	also	also	ADV
gp-325	37	10	pays	pay	VERB
gp-325	37	11	attention	attention	NOUN
gp-325	37	12	to	to	ADP
gp-325	37	13	the	the	DET
gp-325	37	14	company	company	NOUN
gp-325	37	15	's	's	PART
gp-325	37	16	capital	capital	NOUN
gp-325	37	17	structure	structure	NOUN
gp-325	37	18	.	.	PUNCT
gp-325	38	1	a	a	DET
gp-325	38	2	good	good	ADJ
gp-325	38	3	capital	capital	NOUN
gp-325	38	4	structure	structure	NOUN
gp-325	38	5	indicates	indicate	VERB
gp-325	38	6	that	that	SCONJ
gp-325	38	7	a	a	DET
gp-325	38	8	company	company	NOUN
gp-325	38	9	is	be	AUX
gp-325	38	10	able	able	ADJ
gp-325	38	11	to	to	PART
gp-325	38	12	find	find	VERB
gp-325	38	13	a	a	DET
gp-325	38	14	balance	balance	NOUN
gp-325	38	15	between	between	ADP
gp-325	38	16	the	the	DET
gp-325	38	17	benefits	benefit	NOUN
gp-325	38	18	and	and	CCONJ
gp-325	38	19	costs	cost	NOUN
gp-325	38	20	of	of	ADP
gp-325	38	21	using	use	VERB
gp-325	38	22	debt	debt	NOUN
gp-325	38	23	(	(	PUNCT
gp-325	38	24	wardani	wardani	PROPN
gp-325	38	25	&	&	CCONJ
gp-325	38	26	dewi	dewi	PROPN
gp-325	38	27	,	,	PUNCT
gp-325	38	28	2016	2016	NUM
gp-325	38	29	)	)	PUNCT
gp-325	38	30	.	.	PUNCT
gp-325	39	1	several	several	ADJ
gp-325	39	2	factors	factor	NOUN
gp-325	39	3	influence	influence	NOUN
gp-325	39	4	changes	change	NOUN
gp-325	39	5	in	in	ADP
gp-325	39	6	pbv	pbv	NOUN
gp-325	39	7	.	.	PUNCT
gp-325	40	1	the	the	DET
gp-325	40	2	first	first	ADJ
gp-325	40	3	factor	factor	NOUN
gp-325	40	4	is	be	AUX
gp-325	40	5	the	the	DET
gp-325	40	6	current	current	ADJ
gp-325	40	7	ratio	ratio	NOUN
gp-325	40	8	.	.	PUNCT
gp-325	41	1	the	the	DET
gp-325	41	2	reason	reason	NOUN
gp-325	41	3	for	for	ADP
gp-325	41	4	choosing	choose	VERB
gp-325	41	5	current	current	ADJ
gp-325	41	6	ratio	ratio	NOUN
gp-325	41	7	over	over	ADP
gp-325	41	8	cash	cash	NOUN
gp-325	41	9	ratio	ratio	NOUN
gp-325	41	10	is	be	AUX
gp-325	41	11	that	that	SCONJ
gp-325	41	12	the	the	DET
gp-325	41	13	current	current	ADJ
gp-325	41	14	ratio	ratio	NOUN
gp-325	41	15	calculates	calculate	VERB
gp-325	41	16	all	all	DET
gp-325	41	17	current	current	ADJ
gp-325	41	18	assets	asset	NOUN
gp-325	41	19	(	(	PUNCT
gp-325	41	20	cash	cash	NOUN
gp-325	41	21	,	,	PUNCT
gp-325	41	22	accounts	account	VERB
gp-325	41	23	receivable	receivable	ADJ
gp-325	41	24	,	,	PUNCT
gp-325	41	25	inventory	inventory	NOUN
gp-325	41	26	,	,	PUNCT
gp-325	41	27	etc	etc	X
gp-325	41	28	.	.	X
gp-325	41	29	)	)	PUNCT
gp-325	41	30	,	,	PUNCT
gp-325	41	31	while	while	SCONJ
gp-325	41	32	the	the	DET
gp-325	41	33	cash	cash	NOUN
gp-325	41	34	ratio	ratio	NOUN
gp-325	41	35	only	only	ADV
gp-325	41	36	calculates	calculate	VERB
gp-325	41	37	cash	cash	NOUN
gp-325	41	38	and	and	CCONJ
gp-325	41	39	cash	cash	NOUN
gp-325	41	40	equivalents	equivalent	NOUN
gp-325	41	41	.	.	PUNCT
gp-325	42	1	the	the	DET
gp-325	42	2	current	current	ADJ
gp-325	42	3	ratio	ratio	NOUN
gp-325	42	4	is	be	AUX
gp-325	42	5	also	also	ADV
gp-325	42	6	chosen	choose	VERB
gp-325	42	7	because	because	SCONJ
gp-325	42	8	it	it	PRON
gp-325	42	9	provides	provide	VERB
gp-325	42	10	a	a	DET
gp-325	42	11	more	more	ADV
gp-325	42	12	realistic	realistic	ADJ
gp-325	42	13	american	american	ADJ
gp-325	42	14	journal	journal	NOUN
gp-325	42	15	of	of	ADP
gp-325	42	16	economic	economic	ADJ
gp-325	42	17	and	and	CCONJ
gp-325	42	18	management	management	NOUN
gp-325	42	19	business	business	NOUN
gp-325	42	20	vol	vol	NOUN
gp-325	42	21	.	.	PROPN
gp-325	43	1	4	4	NUM
gp-325	43	2	no	no	NOUN
gp-325	43	3	.	.	NOUN
gp-325	43	4	8	8	NUM
gp-325	43	5	agustus	agustus	NOUN
gp-325	43	6	2025	2025	NUM
gp-325	43	7	1280	1280	NUM
gp-325	43	8	and	and	CCONJ
gp-325	43	9	comprehensive	comprehensive	ADJ
gp-325	43	10	picture	picture	NOUN
gp-325	43	11	of	of	ADP
gp-325	43	12	a	a	DET
gp-325	43	13	company	company	NOUN
gp-325	43	14	's	's	PART
gp-325	43	15	ability	ability	NOUN
gp-325	43	16	to	to	PART
gp-325	43	17	meet	meet	VERB
gp-325	43	18	short	short	ADJ
gp-325	43	19	-	-	PUNCT
gp-325	43	20	term	term	NOUN
gp-325	43	21	obligations	obligation	NOUN
gp-325	43	22	(	(	PUNCT
gp-325	43	23	brigham	brigham	PROPN
gp-325	43	24	and	and	CCONJ
gp-325	43	25	houston	houston	PROPN
gp-325	43	26	,	,	PUNCT
gp-325	43	27	2010	2010	NUM
gp-325	43	28	)	)	PUNCT
gp-325	43	29	.	.	PUNCT
gp-325	44	1	this	this	PRON
gp-325	44	2	differs	differ	VERB
gp-325	44	3	from	from	ADP
gp-325	44	4	the	the	DET
gp-325	44	5	cash	cash	NOUN
gp-325	44	6	ratio	ratio	NOUN
gp-325	44	7	,	,	PUNCT
gp-325	44	8	which	which	PRON
gp-325	44	9	only	only	ADV
gp-325	44	10	considers	consider	VERB
gp-325	44	11	cash	cash	NOUN
gp-325	44	12	and	and	CCONJ
gp-325	44	13	cash	cash	NOUN
gp-325	44	14	equivalents	equivalent	NOUN
gp-325	44	15	,	,	PUNCT
gp-325	44	16	making	make	VERB
gp-325	44	17	it	it	PRON
gp-325	44	18	an	an	DET
gp-325	44	19	overly	overly	ADV
gp-325	44	20	conservative	conservative	ADJ
gp-325	44	21	measure	measure	NOUN
gp-325	44	22	that	that	PRON
gp-325	44	23	often	often	ADV
gp-325	44	24	does	do	AUX
gp-325	44	25	not	not	PART
gp-325	44	26	reflect	reflect	VERB
gp-325	44	27	a	a	DET
gp-325	44	28	company	company	NOUN
gp-325	44	29	's	's	PART
gp-325	44	30	actual	actual	ADJ
gp-325	44	31	liquidity	liquidity	NOUN
gp-325	44	32	(	(	PUNCT
gp-325	44	33	ross	ross	PROPN
gp-325	44	34	et	et	PROPN
gp-325	44	35	al	al	PROPN
gp-325	44	36	.	.	PROPN
gp-325	44	37	,	,	PUNCT
gp-325	44	38	2013	2013	NUM
gp-325	44	39	)	)	PUNCT
gp-325	44	40	.	.	PUNCT
gp-325	45	1	the	the	DET
gp-325	45	2	current	current	ADJ
gp-325	45	3	ratio	ratio	NOUN
gp-325	45	4	is	be	AUX
gp-325	45	5	one	one	NUM
gp-325	45	6	component	component	NOUN
gp-325	45	7	of	of	ADP
gp-325	45	8	liquidity	liquidity	NOUN
gp-325	45	9	ratios	ratio	NOUN
gp-325	45	10	.	.	PUNCT
gp-325	46	1	gitman	gitman	NOUN
gp-325	46	2	(	(	PUNCT
gp-325	46	3	2012	2012	NUM
gp-325	46	4	)	)	PUNCT
gp-325	46	5	states	state	VERB
gp-325	46	6	that	that	SCONJ
gp-325	46	7	liquidity	liquidity	NOUN
gp-325	46	8	refers	refer	VERB
gp-325	46	9	to	to	ADP
gp-325	46	10	a	a	DET
gp-325	46	11	company	company	NOUN
gp-325	46	12	's	's	PART
gp-325	46	13	ability	ability	NOUN
gp-325	46	14	to	to	PART
gp-325	46	15	quickly	quickly	ADV
gp-325	46	16	convert	convert	VERB
gp-325	46	17	assets	asset	NOUN
gp-325	46	18	into	into	ADP
gp-325	46	19	cash	cash	NOUN
gp-325	46	20	to	to	PART
gp-325	46	21	meet	meet	VERB
gp-325	46	22	its	its	PRON
gp-325	46	23	financial	financial	ADJ
gp-325	46	24	obligations	obligation	NOUN
gp-325	46	25	.	.	PUNCT
gp-325	47	1	the	the	DET
gp-325	47	2	current	current	ADJ
gp-325	47	3	ratio	ratio	NOUN
gp-325	47	4	is	be	AUX
gp-325	47	5	the	the	DET
gp-325	47	6	most	most	ADV
gp-325	47	7	commonly	commonly	ADV
gp-325	47	8	used	use	VERB
gp-325	47	9	measure	measure	NOUN
gp-325	47	10	to	to	PART
gp-325	47	11	assess	assess	VERB
gp-325	47	12	a	a	DET
gp-325	47	13	company	company	NOUN
gp-325	47	14	's	's	PART
gp-325	47	15	ability	ability	NOUN
gp-325	47	16	to	to	PART
gp-325	47	17	meet	meet	VERB
gp-325	47	18	its	its	PRON
gp-325	47	19	short	short	ADJ
gp-325	47	20	-	-	PUNCT
gp-325	47	21	term	term	NOUN
gp-325	47	22	obligations	obligation	NOUN
gp-325	47	23	and	and	CCONJ
gp-325	47	24	indicates	indicate	VERB
gp-325	47	25	how	how	SCONJ
gp-325	47	26	well	well	ADV
gp-325	47	27	short	short	ADJ
gp-325	47	28	-	-	PUNCT
gp-325	47	29	term	term	NOUN
gp-325	47	30	creditors	creditor	NOUN
gp-325	47	31	'	'	PART
gp-325	47	32	demands	demand	NOUN
gp-325	47	33	can	can	AUX
gp-325	47	34	be	be	AUX
gp-325	47	35	met	meet	VERB
gp-325	47	36	by	by	ADP
gp-325	47	37	assets	asset	NOUN
gp-325	47	38	.	.	PUNCT
gp-325	48	1	the	the	DET
gp-325	48	2	current	current	ADJ
gp-325	48	3	ratio	ratio	NOUN
gp-325	48	4	is	be	AUX
gp-325	48	5	calculated	calculate	VERB
gp-325	48	6	by	by	ADP
gp-325	48	7	comparing	compare	VERB
gp-325	48	8	total	total	ADJ
gp-325	48	9	current	current	ADJ
gp-325	48	10	assets	asset	NOUN
gp-325	48	11	with	with	ADP
gp-325	48	12	current	current	ADJ
gp-325	48	13	liabilities	liability	NOUN
gp-325	48	14	(	(	PUNCT
gp-325	48	15	pandyanto	pandyanto	NOUN
gp-325	48	16	et	et	PROPN
gp-325	48	17	al	al	PROPN
gp-325	48	18	.	.	PROPN
gp-325	48	19	,	,	PUNCT
gp-325	48	20	2021	2021	NUM
gp-325	48	21	)	)	PUNCT
gp-325	48	22	.	.	PUNCT
gp-325	49	1	the	the	DET
gp-325	49	2	second	second	ADJ
gp-325	49	3	factor	factor	NOUN
gp-325	49	4	affecting	affect	VERB
gp-325	49	5	pbv	pbv	NOUN
gp-325	49	6	is	be	AUX
gp-325	49	7	the	the	DET
gp-325	49	8	debt	debt	NOUN
gp-325	49	9	to	to	ADP
gp-325	49	10	asset	asset	NOUN
gp-325	49	11	ratio	ratio	NOUN
gp-325	49	12	(	(	PUNCT
gp-325	49	13	dar	dar	NOUN
gp-325	49	14	)	)	PUNCT
gp-325	49	15	.	.	PUNCT
gp-325	50	1	the	the	DET
gp-325	50	2	reason	reason	NOUN
gp-325	50	3	for	for	ADP
gp-325	50	4	choosing	choose	VERB
gp-325	50	5	dar	dar	NOUN
gp-325	50	6	over	over	ADP
gp-325	50	7	the	the	DET
gp-325	50	8	debt	debt	NOUN
gp-325	50	9	to	to	ADP
gp-325	50	10	equity	equity	NOUN
gp-325	50	11	ratio	ratio	NOUN
gp-325	50	12	(	(	PUNCT
gp-325	50	13	der	der	NOUN
gp-325	50	14	)	)	PUNCT
gp-325	50	15	is	be	AUX
gp-325	50	16	that	that	SCONJ
gp-325	50	17	dar	dar	NOUN
gp-325	50	18	provides	provide	VERB
gp-325	50	19	a	a	DET
gp-325	50	20	more	more	ADV
gp-325	50	21	comprehensive	comprehensive	ADJ
gp-325	50	22	picture	picture	NOUN
gp-325	50	23	of	of	ADP
gp-325	50	24	a	a	DET
gp-325	50	25	company	company	NOUN
gp-325	50	26	's	's	PART
gp-325	50	27	capital	capital	NOUN
gp-325	50	28	structure	structure	NOUN
gp-325	50	29	.	.	PUNCT
gp-325	51	1	dar	dar	PROPN
gp-325	51	2	indicates	indicate	VERB
gp-325	51	3	the	the	DET
gp-325	51	4	proportion	proportion	NOUN
gp-325	51	5	of	of	ADP
gp-325	51	6	assets	asset	NOUN
gp-325	51	7	financed	finance	VERB
gp-325	51	8	by	by	ADP
gp-325	51	9	debt	debt	NOUN
gp-325	51	10	,	,	PUNCT
gp-325	51	11	thereby	thereby	ADV
gp-325	51	12	reflecting	reflect	VERB
gp-325	51	13	the	the	DET
gp-325	51	14	company	company	NOUN
gp-325	51	15	's	's	PART
gp-325	51	16	ability	ability	NOUN
gp-325	51	17	to	to	PART
gp-325	51	18	meet	meet	VERB
gp-325	51	19	long	long	ADJ
gp-325	51	20	-	-	PUNCT
gp-325	51	21	term	term	NOUN
gp-325	51	22	obligations	obligation	NOUN
gp-325	51	23	using	use	VERB
gp-325	51	24	all	all	PRON
gp-325	51	25	of	of	ADP
gp-325	51	26	its	its	PRON
gp-325	51	27	assets	asset	NOUN
gp-325	51	28	(	(	PUNCT
gp-325	51	29	brigham	brigham	PROPN
gp-325	51	30	and	and	CCONJ
gp-325	51	31	houston	houston	PROPN
gp-325	51	32	,	,	PUNCT
gp-325	51	33	2010	2010	NUM
gp-325	51	34	)	)	PUNCT
gp-325	51	35	.	.	PUNCT
gp-325	52	1	dar	dar	PROPN
gp-325	52	2	is	be	AUX
gp-325	52	3	more	more	ADV
gp-325	52	4	stable	stable	ADJ
gp-325	52	5	because	because	SCONJ
gp-325	52	6	it	it	PRON
gp-325	52	7	is	be	AUX
gp-325	52	8	not	not	PART
gp-325	52	9	affected	affect	VERB
gp-325	52	10	by	by	ADP
gp-325	52	11	fluctuations	fluctuation	NOUN
gp-325	52	12	in	in	ADP
gp-325	52	13	equity	equity	NOUN
gp-325	52	14	value	value	NOUN
gp-325	52	15	due	due	ADP
gp-325	52	16	to	to	ADP
gp-325	52	17	losses	loss	NOUN
gp-325	52	18	,	,	PUNCT
gp-325	52	19	dividends	dividend	NOUN
gp-325	52	20	,	,	PUNCT
gp-325	52	21	or	or	CCONJ
gp-325	52	22	accounting	accounting	NOUN
gp-325	52	23	adjustments	adjustment	NOUN
gp-325	52	24	(	(	PUNCT
gp-325	52	25	gitman	gitman	NOUN
gp-325	52	26	and	and	CCONJ
gp-325	52	27	zutter	zutter	NOUN
gp-325	52	28	,	,	PUNCT
gp-325	52	29	2012	2012	NUM
gp-325	52	30	)	)	PUNCT
gp-325	52	31	.	.	PUNCT
gp-325	53	1	conversely	conversely	ADV
gp-325	53	2	,	,	PUNCT
gp-325	53	3	der	der	NOUN
gp-325	53	4	may	may	AUX
gp-325	53	5	be	be	AUX
gp-325	53	6	unrepresentative	unrepresentative	ADJ
gp-325	53	7	,	,	PUNCT
gp-325	53	8	especially	especially	ADV
gp-325	53	9	if	if	SCONJ
gp-325	53	10	the	the	DET
gp-325	53	11	company	company	NOUN
gp-325	53	12	's	's	PART
gp-325	53	13	equity	equity	NOUN
gp-325	53	14	is	be	AUX
gp-325	53	15	small	small	ADJ
gp-325	53	16	or	or	CCONJ
gp-325	53	17	negative	negative	ADJ
gp-325	53	18	,	,	PUNCT
gp-325	53	19	which	which	PRON
gp-325	53	20	can	can	AUX
gp-325	53	21	cause	cause	VERB
gp-325	53	22	the	the	DET
gp-325	53	23	der	der	ADJ
gp-325	53	24	value	value	NOUN
gp-325	53	25	to	to	PART
gp-325	53	26	become	become	VERB
gp-325	53	27	disproportionately	disproportionately	ADV
gp-325	53	28	high	high	ADJ
gp-325	53	29	.	.	PUNCT
gp-325	54	1	therefore	therefore	ADV
gp-325	54	2	,	,	PUNCT
gp-325	54	3	in	in	ADP
gp-325	54	4	the	the	DET
gp-325	54	5	context	context	NOUN
gp-325	54	6	of	of	ADP
gp-325	54	7	solvency	solvency	NOUN
gp-325	54	8	—	—	PUNCT
gp-325	54	9	which	which	PRON
gp-325	54	10	focuses	focus	VERB
gp-325	54	11	on	on	ADP
gp-325	54	12	a	a	DET
gp-325	54	13	company	company	NOUN
gp-325	54	14	's	's	PART
gp-325	54	15	ability	ability	NOUN
gp-325	54	16	to	to	PART
gp-325	54	17	survive	survive	VERB
gp-325	54	18	in	in	ADP
gp-325	54	19	the	the	DET
gp-325	54	20	long	long	ADJ
gp-325	54	21	term	term	NOUN
gp-325	54	22	and	and	CCONJ
gp-325	54	23	repay	repay	VERB
gp-325	54	24	its	its	PRON
gp-325	54	25	long	long	ADJ
gp-325	54	26	-	-	PUNCT
gp-325	54	27	term	term	NOUN
gp-325	54	28	debts	debt	NOUN
gp-325	54	29	—	—	PUNCT
gp-325	54	30	dar	dar	NOUN
gp-325	54	31	is	be	AUX
gp-325	54	32	considered	consider	VERB
gp-325	54	33	a	a	DET
gp-325	54	34	more	more	ADV
gp-325	54	35	relevant	relevant	ADJ
gp-325	54	36	and	and	CCONJ
gp-325	54	37	reliable	reliable	ADJ
gp-325	54	38	indicator	indicator	NOUN
gp-325	54	39	(	(	PUNCT
gp-325	54	40	horne	horne	ADJ
gp-325	54	41	and	and	CCONJ
gp-325	54	42	wachowicz	wachowicz	NOUN
gp-325	54	43	,	,	PUNCT
gp-325	54	44	2009	2009	NUM
gp-325	54	45	)	)	PUNCT
gp-325	54	46	.	.	PUNCT
gp-325	55	1	the	the	DET
gp-325	55	2	debt	debt	NOUN
gp-325	55	3	to	to	ADP
gp-325	55	4	asset	asset	NOUN
gp-325	55	5	ratio	ratio	NOUN
gp-325	55	6	is	be	AUX
gp-325	55	7	one	one	NUM
gp-325	55	8	part	part	NOUN
gp-325	55	9	of	of	ADP
gp-325	55	10	the	the	DET
gp-325	55	11	solvency	solvency	NOUN
gp-325	55	12	ratio	ratio	NOUN
gp-325	55	13	.	.	PUNCT
gp-325	56	1	solvency	solvency	NOUN
gp-325	56	2	ratios	ratio	NOUN
gp-325	56	3	measure	measure	VERB
gp-325	56	4	a	a	DET
gp-325	56	5	company	company	NOUN
gp-325	56	6	's	's	PART
gp-325	56	7	ability	ability	NOUN
gp-325	56	8	to	to	PART
gp-325	56	9	pay	pay	VERB
gp-325	56	10	all	all	PRON
gp-325	56	11	of	of	ADP
gp-325	56	12	its	its	PRON
gp-325	56	13	liabilities	liability	NOUN
gp-325	56	14	,	,	PUNCT
gp-325	56	15	both	both	PRON
gp-325	56	16	short	short	ADJ
gp-325	56	17	-	-	PUNCT
gp-325	56	18	term	term	NOUN
gp-325	56	19	and	and	CCONJ
gp-325	56	20	long	long	ADJ
gp-325	56	21	-	-	PUNCT
gp-325	56	22	term	term	NOUN
gp-325	56	23	(	(	PUNCT
gp-325	56	24	febriani	febriani	NOUN
gp-325	56	25	,	,	PUNCT
gp-325	56	26	2020	2020	NUM
gp-325	56	27	)	)	PUNCT
gp-325	56	28	.	.	PUNCT
gp-325	57	1	dar	dar	NOUN
gp-325	57	2	measures	measure	VERB
gp-325	57	3	the	the	DET
gp-325	57	4	ratio	ratio	NOUN
gp-325	57	5	between	between	ADP
gp-325	57	6	total	total	ADJ
gp-325	57	7	debt	debt	NOUN
gp-325	57	8	and	and	CCONJ
gp-325	57	9	total	total	ADJ
gp-325	57	10	assets	asset	NOUN
gp-325	57	11	(	(	PUNCT
gp-325	57	12	pandyanto	pandyanto	NOUN
gp-325	57	13	et	et	PROPN
gp-325	57	14	al	al	PROPN
gp-325	57	15	.	.	PROPN
gp-325	57	16	,	,	PUNCT
gp-325	57	17	2021	2021	NUM
gp-325	57	18	)	)	PUNCT
gp-325	57	19	.	.	PUNCT
gp-325	58	1	the	the	DET
gp-325	58	2	third	third	ADJ
gp-325	58	3	factor	factor	NOUN
gp-325	58	4	affecting	affect	VERB
gp-325	58	5	pbv	pbv	NOUN
gp-325	58	6	is	be	AUX
gp-325	58	7	return	return	NOUN
gp-325	58	8	on	on	ADP
gp-325	58	9	assets	asset	NOUN
gp-325	58	10	(	(	PUNCT
gp-325	58	11	roa	roa	PROPN
gp-325	58	12	)	)	PUNCT
gp-325	58	13	.	.	PUNCT
gp-325	59	1	the	the	DET
gp-325	59	2	reason	reason	NOUN
gp-325	59	3	for	for	ADP
gp-325	59	4	choosing	choose	VERB
gp-325	59	5	roa	roa	NOUN
gp-325	59	6	over	over	ADP
gp-325	59	7	return	return	NOUN
gp-325	59	8	on	on	ADP
gp-325	59	9	equity	equity	NOUN
gp-325	59	10	(	(	PUNCT
gp-325	59	11	roe	roe	PROPN
gp-325	59	12	)	)	PUNCT
gp-325	59	13	is	be	AUX
gp-325	59	14	that	that	SCONJ
gp-325	59	15	in	in	ADP
gp-325	59	16	profitability	profitability	NOUN
gp-325	59	17	analysis	analysis	NOUN
gp-325	59	18	,	,	PUNCT
gp-325	59	19	roa	roa	NOUN
gp-325	59	20	provides	provide	VERB
gp-325	59	21	a	a	DET
gp-325	59	22	more	more	ADV
gp-325	59	23	comprehensive	comprehensive	ADJ
gp-325	59	24	picture	picture	NOUN
gp-325	59	25	of	of	ADP
gp-325	59	26	the	the	DET
gp-325	59	27	efficiency	efficiency	NOUN
gp-325	59	28	of	of	ADP
gp-325	59	29	using	use	VERB
gp-325	59	30	all	all	DET
gp-325	59	31	company	company	NOUN
gp-325	59	32	assets	asset	NOUN
gp-325	59	33	to	to	PART
gp-325	59	34	generate	generate	VERB
gp-325	59	35	profits	profit	NOUN
gp-325	59	36	.	.	PUNCT
gp-325	60	1	roa	roa	PROPN
gp-325	60	2	measures	measure	VERB
gp-325	60	3	a	a	DET
gp-325	60	4	company	company	NOUN
gp-325	60	5	's	's	PART
gp-325	60	6	ability	ability	NOUN
gp-325	60	7	to	to	PART
gp-325	60	8	generate	generate	VERB
gp-325	60	9	profits	profit	NOUN
gp-325	60	10	from	from	ADP
gp-325	60	11	its	its	PRON
gp-325	60	12	total	total	ADJ
gp-325	60	13	assets	asset	NOUN
gp-325	60	14	,	,	PUNCT
gp-325	60	15	without	without	ADP
gp-325	60	16	considering	consider	VERB
gp-325	60	17	the	the	DET
gp-325	60	18	structure	structure	NOUN
gp-325	60	19	of	of	ADP
gp-325	60	20	debt	debt	NOUN
gp-325	60	21	or	or	CCONJ
gp-325	60	22	equity	equity	NOUN
gp-325	60	23	financing	financing	NOUN
gp-325	60	24	(	(	PUNCT
gp-325	60	25	brigham	brigham	PROPN
gp-325	60	26	and	and	CCONJ
gp-325	60	27	houston	houston	PROPN
gp-325	60	28	,	,	PUNCT
gp-325	60	29	2010	2010	NUM
gp-325	60	30	)	)	PUNCT
gp-325	60	31	.	.	PUNCT
gp-325	61	1	this	this	PRON
gp-325	61	2	makes	make	VERB
gp-325	61	3	it	it	PRON
gp-325	61	4	a	a	DET
gp-325	61	5	more	more	ADV
gp-325	61	6	objective	objective	ADJ
gp-325	61	7	tool	tool	NOUN
gp-325	61	8	for	for	ADP
gp-325	61	9	assessing	assess	VERB
gp-325	61	10	a	a	DET
gp-325	61	11	company	company	NOUN
gp-325	61	12	's	's	PART
gp-325	61	13	pure	pure	ADJ
gp-325	61	14	operational	operational	ADJ
gp-325	61	15	performance	performance	NOUN
gp-325	61	16	.	.	PUNCT
gp-325	62	1	meanwhile	meanwhile	ADV
gp-325	62	2	,	,	PUNCT
gp-325	62	3	roe	roe	NOUN
gp-325	62	4	only	only	ADV
gp-325	62	5	measures	measure	VERB
gp-325	62	6	profit	profit	NOUN
gp-325	62	7	relative	relative	ADJ
gp-325	62	8	to	to	ADP
gp-325	62	9	shareholders	shareholder	NOUN
gp-325	62	10	'	'	PART
gp-325	62	11	equity	equity	NOUN
gp-325	62	12	,	,	PUNCT
gp-325	62	13	which	which	PRON
gp-325	62	14	can	can	AUX
gp-325	62	15	be	be	AUX
gp-325	62	16	distorted	distort	VERB
gp-325	62	17	if	if	SCONJ
gp-325	62	18	the	the	DET
gp-325	62	19	company	company	NOUN
gp-325	62	20	has	have	VERB
gp-325	62	21	high	high	ADJ
gp-325	62	22	debt	debt	NOUN
gp-325	62	23	,	,	PUNCT
gp-325	62	24	as	as	SCONJ
gp-325	62	25	leverage	leverage	NOUN
gp-325	62	26	can	can	AUX
gp-325	62	27	increase	increase	VERB
gp-325	62	28	roe	roe	NOUN
gp-325	62	29	without	without	ADP
gp-325	62	30	reflecting	reflect	VERB
gp-325	62	31	improvement	improvement	NOUN
gp-325	62	32	in	in	ADP
gp-325	62	33	operational	operational	ADJ
gp-325	62	34	efficiency	efficiency	NOUN
gp-325	62	35	(	(	PUNCT
gp-325	62	36	gitman	gitman	NOUN
gp-325	62	37	and	and	CCONJ
gp-325	62	38	zutter	zutter	NOUN
gp-325	62	39	,	,	PUNCT
gp-325	62	40	2012	2012	NUM
gp-325	62	41	)	)	PUNCT
gp-325	62	42	.	.	PUNCT
gp-325	63	1	roa	roa	PROPN
gp-325	63	2	is	be	AUX
gp-325	63	3	one	one	NUM
gp-325	63	4	component	component	NOUN
gp-325	63	5	of	of	ADP
gp-325	63	6	profitability	profitability	NOUN
gp-325	63	7	ratios	ratio	NOUN
gp-325	63	8	.	.	PUNCT
gp-325	64	1	profitability	profitability	NOUN
gp-325	64	2	ratios	ratio	NOUN
gp-325	64	3	measure	measure	VERB
gp-325	64	4	a	a	DET
gp-325	64	5	company	company	NOUN
gp-325	64	6	's	's	PART
gp-325	64	7	ability	ability	NOUN
gp-325	64	8	to	to	PART
gp-325	64	9	earn	earn	VERB
gp-325	64	10	profits	profit	NOUN
gp-325	64	11	or	or	CCONJ
gp-325	64	12	the	the	DET
gp-325	64	13	effectiveness	effectiveness	NOUN
gp-325	64	14	of	of	ADP
gp-325	64	15	its	its	PRON
gp-325	64	16	management	management	NOUN
gp-325	64	17	.	.	PUNCT
gp-325	65	1	roa	roa	PROPN
gp-325	65	2	is	be	AUX
gp-325	65	3	used	use	VERB
gp-325	65	4	to	to	PART
gp-325	65	5	measure	measure	VERB
gp-325	65	6	the	the	DET
gp-325	65	7	ability	ability	NOUN
gp-325	65	8	of	of	ADP
gp-325	65	9	capital	capital	NOUN
gp-325	65	10	invested	invest	VERB
gp-325	65	11	in	in	ADP
gp-325	65	12	total	total	ADJ
gp-325	65	13	assets	asset	NOUN
gp-325	65	14	to	to	PART
gp-325	65	15	generate	generate	VERB
gp-325	65	16	net	net	ADJ
gp-325	65	17	income	income	NOUN
gp-325	65	18	(	(	PUNCT
gp-325	65	19	febriana	febriana	PROPN
gp-325	65	20	,	,	PUNCT
gp-325	65	21	2020	2020	NUM
gp-325	65	22	)	)	PUNCT
gp-325	65	23	.	.	PUNCT
gp-325	66	1	a	a	DET
gp-325	66	2	high	high	ADJ
gp-325	66	3	pbv	pbv	NOUN
gp-325	66	4	is	be	AUX
gp-325	66	5	more	more	ADV
gp-325	66	6	attractive	attractive	ADJ
gp-325	66	7	to	to	ADP
gp-325	66	8	investors	investor	NOUN
gp-325	66	9	because	because	SCONJ
gp-325	66	10	it	it	PRON
gp-325	66	11	reflects	reflect	VERB
gp-325	66	12	that	that	SCONJ
gp-325	66	13	the	the	DET
gp-325	66	14	company	company	NOUN
gp-325	66	15	has	have	VERB
gp-325	66	16	good	good	ADJ
gp-325	66	17	performance	performance	NOUN
gp-325	66	18	and	and	CCONJ
gp-325	66	19	strong	strong	ADJ
gp-325	66	20	prospects	prospect	NOUN
gp-325	66	21	for	for	ADP
gp-325	66	22	providing	provide	VERB
gp-325	66	23	returns	return	NOUN
gp-325	66	24	to	to	ADP
gp-325	66	25	shareholders	shareholder	NOUN
gp-325	66	26	.	.	PUNCT
gp-325	67	1	companies	company	NOUN
gp-325	67	2	must	must	AUX
gp-325	67	3	manage	manage	VERB
gp-325	67	4	their	their	PRON
gp-325	67	5	businesses	business	NOUN
gp-325	67	6	optimally	optimally	ADV
gp-325	67	7	and	and	CCONJ
gp-325	67	8	pay	pay	VERB
gp-325	67	9	attention	attention	NOUN
gp-325	67	10	to	to	ADP
gp-325	67	11	factors	factor	NOUN
gp-325	67	12	that	that	PRON
gp-325	67	13	can	can	AUX
gp-325	67	14	affect	affect	VERB
gp-325	67	15	company	company	NOUN
gp-325	67	16	value	value	NOUN
gp-325	67	17	in	in	ADP
gp-325	67	18	order	order	NOUN
gp-325	67	19	to	to	PART
gp-325	67	20	increase	increase	VERB
gp-325	67	21	it	it	PRON
gp-325	67	22	(	(	PUNCT
gp-325	67	23	heng	heng	PROPN
gp-325	67	24	et	et	PROPN
gp-325	67	25	al	al	PROPN
gp-325	67	26	.	.	PROPN
gp-325	67	27	,	,	PUNCT
gp-325	67	28	2023	2023	NUM
gp-325	67	29	)	)	PUNCT
gp-325	67	30	.	.	PUNCT
gp-325	68	1	pbv	pbv	VERB
gp-325	68	2	indicates	indicate	VERB
gp-325	68	3	whether	whether	SCONJ
gp-325	68	4	a	a	DET
gp-325	68	5	stock	stock	NOUN
gp-325	68	6	's	's	PART
gp-325	68	7	market	market	NOUN
gp-325	68	8	price	price	NOUN
gp-325	68	9	is	be	AUX
gp-325	68	10	considered	consider	VERB
gp-325	68	11	expensive	expensive	ADJ
gp-325	68	12	or	or	CCONJ
gp-325	68	13	inexpensive	inexpensive	ADJ
gp-325	68	14	by	by	ADP
gp-325	68	15	comparing	compare	VERB
gp-325	68	16	its	its	PRON
gp-325	68	17	market	market	NOUN
gp-325	68	18	value	value	NOUN
gp-325	68	19	to	to	ADP
gp-325	68	20	its	its	PRON
gp-325	68	21	book	book	NOUN
gp-325	68	22	value	value	NOUN
gp-325	68	23	.	.	PUNCT
gp-325	69	1	a	a	DET
gp-325	69	2	high	high	ADJ
gp-325	69	3	pbv	pbv	NOUN
gp-325	69	4	suggests	suggest	VERB
gp-325	69	5	that	that	SCONJ
gp-325	69	6	the	the	DET
gp-325	69	7	company	company	NOUN
gp-325	69	8	has	have	AUX
gp-325	69	9	successfully	successfully	ADV
gp-325	69	10	created	create	VERB
gp-325	69	11	value	value	NOUN
gp-325	69	12	for	for	ADP
gp-325	69	13	all	all	DET
gp-325	69	14	shareholders	shareholder	NOUN
gp-325	69	15	(	(	PUNCT
gp-325	69	16	kusumaningrum	kusumaningrum	NOUN
gp-325	69	17	et	et	PROPN
gp-325	69	18	al	al	PROPN
gp-325	69	19	.	.	PROPN
gp-325	69	20	,	,	PUNCT
gp-325	69	21	2022	2022	NUM
gp-325	69	22	)	)	PUNCT
gp-325	69	23	.	.	PUNCT
gp-325	70	1	previous	previous	ADJ
gp-325	70	2	studies	study	NOUN
gp-325	70	3	have	have	AUX
gp-325	70	4	examined	examine	VERB
gp-325	70	5	the	the	DET
gp-325	70	6	influence	influence	NOUN
gp-325	70	7	of	of	ADP
gp-325	70	8	liquidity	liquidity	NOUN
gp-325	70	9	,	,	PUNCT
gp-325	70	10	capital	capital	NOUN
gp-325	70	11	structure	structure	NOUN
gp-325	70	12	,	,	PUNCT
gp-325	70	13	and	and	CCONJ
gp-325	70	14	profitability	profitability	NOUN
gp-325	70	15	on	on	ADP
gp-325	70	16	firm	firm	ADJ
gp-325	70	17	value	value	NOUN
gp-325	70	18	,	,	PUNCT
gp-325	70	19	yet	yet	CCONJ
gp-325	70	20	the	the	DET
gp-325	70	21	results	result	NOUN
gp-325	70	22	remain	remain	VERB
gp-325	70	23	inconsistent	inconsistent	ADJ
gp-325	70	24	.	.	PUNCT
gp-325	71	1	for	for	ADP
gp-325	71	2	instance	instance	NOUN
gp-325	71	3	,	,	PUNCT
gp-325	71	4	kuncoro	kuncoro	PROPN
gp-325	71	5	and	and	CCONJ
gp-325	71	6	suhardjanto	suhardjanto	PROPN
gp-325	71	7	(	(	PUNCT
gp-325	71	8	2012	2012	NUM
gp-325	71	9	)	)	PUNCT
gp-325	71	10	found	find	VERB
gp-325	71	11	that	that	SCONJ
gp-325	71	12	current	current	ADJ
gp-325	71	13	ratio	ratio	NOUN
gp-325	71	14	and	and	CCONJ
gp-325	71	15	dar	dar	NOUN
gp-325	71	16	had	have	VERB
gp-325	71	17	a	a	DET
gp-325	71	18	significant	significant	ADJ
gp-325	71	19	positive	positive	ADJ
gp-325	71	20	effect	effect	NOUN
gp-325	71	21	on	on	ADP
gp-325	71	22	pbv	pbv	ADJ
gp-325	71	23	american	american	ADJ
gp-325	71	24	journal	journal	PROPN
gp-325	71	25	of	of	ADP
gp-325	71	26	economic	economic	ADJ
gp-325	71	27	and	and	CCONJ
gp-325	71	28	management	management	NOUN
gp-325	71	29	business	business	NOUN
gp-325	71	30	vol	vol	NOUN
gp-325	71	31	.	.	PROPN
gp-325	72	1	4	4	NUM
gp-325	72	2	no	no	NOUN
gp-325	72	3	.	.	NOUN
gp-325	72	4	8	8	NUM
gp-325	72	5	agustus	agustus	NOUN
gp-325	72	6	2025	2025	NUM
gp-325	72	7	1281	1281	NUM
gp-325	72	8	in	in	ADP
gp-325	72	9	manufacturing	manufacture	VERB
gp-325	72	10	companies	company	NOUN
gp-325	72	11	in	in	ADP
gp-325	72	12	indonesia	indonesia	PROPN
gp-325	72	13	,	,	PUNCT
gp-325	72	14	whereas	whereas	SCONJ
gp-325	72	15	wardani	wardani	PROPN
gp-325	72	16	and	and	CCONJ
gp-325	72	17	dewi	dewi	PROPN
gp-325	72	18	(	(	PUNCT
gp-325	72	19	2016	2016	NUM
gp-325	72	20	)	)	PUNCT
gp-325	72	21	found	find	VERB
gp-325	72	22	that	that	SCONJ
gp-325	72	23	in	in	ADP
gp-325	72	24	non	non	ADJ
gp-325	72	25	-	-	ADJ
gp-325	72	26	financial	financial	ADJ
gp-325	72	27	companies	company	NOUN
gp-325	72	28	,	,	PUNCT
gp-325	72	29	dar	dar	PROPN
gp-325	72	30	and	and	CCONJ
gp-325	72	31	roa	roa	PROPN
gp-325	72	32	did	do	AUX
gp-325	72	33	not	not	PART
gp-325	72	34	always	always	ADV
gp-325	72	35	align	align	VERB
gp-325	72	36	with	with	ADP
gp-325	72	37	pbv	pbv	ADJ
gp-325	72	38	,	,	PUNCT
gp-325	72	39	and	and	CCONJ
gp-325	72	40	in	in	ADP
gp-325	72	41	some	some	DET
gp-325	72	42	cases	case	NOUN
gp-325	72	43	,	,	PUNCT
gp-325	72	44	there	there	PRON
gp-325	72	45	were	be	VERB
gp-325	72	46	negative	negative	ADJ
gp-325	72	47	relationships	relationship	NOUN
gp-325	72	48	that	that	PRON
gp-325	72	49	contradicted	contradict	VERB
gp-325	72	50	classical	classical	ADJ
gp-325	72	51	theories	theory	NOUN
gp-325	72	52	of	of	ADP
gp-325	72	53	liquidity	liquidity	NOUN
gp-325	72	54	,	,	PUNCT
gp-325	72	55	solvency	solvency	NOUN
gp-325	72	56	,	,	PUNCT
gp-325	72	57	and	and	CCONJ
gp-325	72	58	profitability	profitability	NOUN
gp-325	72	59	.	.	PUNCT
gp-325	73	1	these	these	DET
gp-325	73	2	differing	differ	VERB
gp-325	73	3	outcomes	outcome	NOUN
gp-325	73	4	indicate	indicate	VERB
gp-325	73	5	a	a	DET
gp-325	73	6	research	research	NOUN
gp-325	73	7	gap	gap	NOUN
gp-325	73	8	regarding	regard	VERB
gp-325	73	9	the	the	DET
gp-325	73	10	consistency	consistency	NOUN
gp-325	73	11	of	of	ADP
gp-325	73	12	financial	financial	ADJ
gp-325	73	13	ratios	ratio	NOUN
gp-325	73	14	'	'	PART
gp-325	73	15	influence	influence	NOUN
gp-325	73	16	on	on	ADP
gp-325	73	17	firm	firm	ADJ
gp-325	73	18	value	value	NOUN
gp-325	73	19	in	in	ADP
gp-325	73	20	non	non	ADJ
gp-325	73	21	-	-	ADJ
gp-325	73	22	bank	bank	ADJ
gp-325	73	23	sectors	sector	NOUN
gp-325	73	24	,	,	PUNCT
gp-325	73	25	particularly	particularly	ADV
gp-325	73	26	for	for	ADP
gp-325	73	27	companies	company	NOUN
gp-325	73	28	included	include	VERB
gp-325	73	29	in	in	ADP
gp-325	73	30	the	the	DET
gp-325	73	31	lq45	lq45	PROPN
gp-325	73	32	index	index	NOUN
gp-325	73	33	,	,	PUNCT
gp-325	73	34	which	which	PRON
gp-325	73	35	have	have	VERB
gp-325	73	36	high	high	ADJ
gp-325	73	37	liquidity	liquidity	NOUN
gp-325	73	38	and	and	CCONJ
gp-325	73	39	market	market	NOUN
gp-325	73	40	capitalization	capitalization	NOUN
gp-325	73	41	and	and	CCONJ
gp-325	73	42	are	be	AUX
gp-325	73	43	primary	primary	ADJ
gp-325	73	44	references	reference	NOUN
gp-325	73	45	for	for	ADP
gp-325	73	46	investors	investor	NOUN
gp-325	73	47	.	.	PUNCT
gp-325	74	1	based	base	VERB
gp-325	74	2	on	on	ADP
gp-325	74	3	the	the	DET
gp-325	74	4	background	background	NOUN
gp-325	74	5	described	describe	VERB
gp-325	74	6	above	above	ADV
gp-325	74	7	,	,	PUNCT
gp-325	74	8	there	there	PRON
gp-325	74	9	is	be	VERB
gp-325	74	10	a	a	DET
gp-325	74	11	phenomenon	phenomenon	NOUN
gp-325	74	12	where	where	SCONJ
gp-325	74	13	fluctuations	fluctuation	NOUN
gp-325	74	14	in	in	ADP
gp-325	74	15	the	the	DET
gp-325	74	16	current	current	ADJ
gp-325	74	17	ratio	ratio	NOUN
gp-325	74	18	,	,	PUNCT
gp-325	74	19	dar	dar	PROPN
gp-325	74	20	,	,	PUNCT
gp-325	74	21	and	and	CCONJ
gp-325	74	22	roa	roa	NOUN
gp-325	74	23	on	on	ADP
gp-325	74	24	pbv	pbv	ADJ
gp-325	74	25	are	be	AUX
gp-325	74	26	not	not	PART
gp-325	74	27	in	in	ADP
gp-325	74	28	line	line	NOUN
gp-325	74	29	with	with	ADP
gp-325	74	30	existing	exist	VERB
gp-325	74	31	theory	theory	NOUN
gp-325	74	32	.	.	PUNCT
gp-325	75	1	previous	previous	ADJ
gp-325	75	2	research	research	NOUN
gp-325	75	3	results	result	NOUN
gp-325	75	4	show	show	VERB
gp-325	75	5	that	that	SCONJ
gp-325	75	6	the	the	DET
gp-325	75	7	variables	variable	NOUN
gp-325	75	8	used	use	VERB
gp-325	75	9	have	have	VERB
gp-325	75	10	different	different	ADJ
gp-325	75	11	directions	direction	NOUN
gp-325	75	12	of	of	ADP
gp-325	75	13	relationship	relationship	NOUN
gp-325	75	14	to	to	PART
gp-325	75	15	pbv	pbv	VERB
gp-325	75	16	.	.	PUNCT
gp-325	76	1	therefore	therefore	ADV
gp-325	76	2	,	,	PUNCT
gp-325	76	3	the	the	DET
gp-325	76	4	objective	objective	NOUN
gp-325	76	5	of	of	ADP
gp-325	76	6	this	this	DET
gp-325	76	7	study	study	NOUN
gp-325	76	8	is	be	AUX
gp-325	76	9	to	to	PART
gp-325	76	10	analyze	analyze	VERB
gp-325	76	11	the	the	DET
gp-325	76	12	contribution	contribution	NOUN
gp-325	76	13	of	of	ADP
gp-325	76	14	liquidity	liquidity	NOUN
gp-325	76	15	,	,	PUNCT
gp-325	76	16	capital	capital	NOUN
gp-325	76	17	structure	structure	NOUN
gp-325	76	18	,	,	PUNCT
gp-325	76	19	and	and	CCONJ
gp-325	76	20	profitability	profitability	NOUN
gp-325	76	21	to	to	PART
gp-325	76	22	pbv	pbv	VERB
gp-325	76	23	both	both	PRON
gp-325	76	24	simultaneously	simultaneously	ADV
gp-325	76	25	and	and	CCONJ
gp-325	76	26	partially	partially	ADV
gp-325	76	27	,	,	PUNCT
gp-325	76	28	while	while	SCONJ
gp-325	76	29	its	its	PRON
gp-325	76	30	benefits	benefit	NOUN
gp-325	76	31	include	include	VERB
gp-325	76	32	offering	offer	VERB
gp-325	76	33	managerial	managerial	ADJ
gp-325	76	34	insights	insight	NOUN
gp-325	76	35	to	to	PART
gp-325	76	36	optimize	optimize	VERB
gp-325	76	37	financial	financial	ADJ
gp-325	76	38	management	management	NOUN
gp-325	76	39	to	to	PART
gp-325	76	40	increase	increase	VERB
gp-325	76	41	firm	firm	ADJ
gp-325	76	42	value	value	NOUN
gp-325	76	43	,	,	PUNCT
gp-325	76	44	as	as	ADV
gp-325	76	45	well	well	ADV
gp-325	76	46	as	as	ADP
gp-325	76	47	assisting	assist	VERB
gp-325	76	48	investors	investor	NOUN
gp-325	76	49	in	in	ADP
gp-325	76	50	making	make	VERB
gp-325	76	51	more	more	ADV
gp-325	76	52	informed	informed	ADJ
gp-325	76	53	and	and	CCONJ
gp-325	76	54	data	data	NOUN
gp-325	76	55	-	-	PUNCT
gp-325	76	56	driven	drive	VERB
gp-325	76	57	investment	investment	NOUN
gp-325	76	58	decisions	decision	NOUN
gp-325	76	59	.	.	PUNCT
gp-325	77	1	research	research	NOUN
gp-325	77	2	methods	method	NOUN
gp-325	77	3	research	research	NOUN
gp-325	77	4	methods	method	NOUN
gp-325	77	5	are	be	AUX
gp-325	77	6	scientific	scientific	ADJ
gp-325	77	7	approaches	approach	NOUN
gp-325	77	8	used	use	VERB
gp-325	77	9	to	to	PART
gp-325	77	10	generate	generate	VERB
gp-325	77	11	data	datum	NOUN
gp-325	77	12	for	for	ADP
gp-325	77	13	specific	specific	ADJ
gp-325	77	14	purposes	purpose	NOUN
gp-325	77	15	and	and	CCONJ
gp-325	77	16	applications	application	NOUN
gp-325	77	17	(	(	PUNCT
gp-325	77	18	sugiyono	sugiyono	NOUN
gp-325	77	19	,	,	PUNCT
gp-325	77	20	2017:2	2017:2	NUM
gp-325	77	21	)	)	PUNCT
gp-325	77	22	.	.	PUNCT
gp-325	78	1	this	this	DET
gp-325	78	2	study	study	NOUN
gp-325	78	3	utilizes	utilize	VERB
gp-325	78	4	numerical	numerical	ADJ
gp-325	78	5	data	datum	NOUN
gp-325	78	6	and	and	CCONJ
gp-325	78	7	statistical	statistical	ADJ
gp-325	78	8	analysis	analysis	NOUN
gp-325	78	9	,	,	PUNCT
gp-325	78	10	thereby	thereby	ADV
gp-325	78	11	employing	employ	VERB
gp-325	78	12	a	a	DET
gp-325	78	13	quantitative	quantitative	ADJ
gp-325	78	14	research	research	NOUN
gp-325	78	15	approach	approach	NOUN
gp-325	78	16	.	.	PUNCT
gp-325	79	1	the	the	DET
gp-325	79	2	quantitative	quantitative	ADJ
gp-325	79	3	method	method	NOUN
gp-325	79	4	is	be	AUX
gp-325	79	5	based	base	VERB
gp-325	79	6	on	on	ADP
gp-325	79	7	the	the	DET
gp-325	79	8	philosophy	philosophy	NOUN
gp-325	79	9	of	of	ADP
gp-325	79	10	positivism	positivism	NOUN
gp-325	79	11	and	and	CCONJ
gp-325	79	12	is	be	AUX
gp-325	79	13	used	use	VERB
gp-325	79	14	to	to	PART
gp-325	79	15	study	study	VERB
gp-325	79	16	a	a	DET
gp-325	79	17	specific	specific	ADJ
gp-325	79	18	population	population	NOUN
gp-325	79	19	or	or	CCONJ
gp-325	79	20	sample	sample	NOUN
gp-325	79	21	,	,	PUNCT
gp-325	79	22	collect	collect	VERB
gp-325	79	23	data	datum	NOUN
gp-325	79	24	using	use	VERB
gp-325	79	25	research	research	NOUN
gp-325	79	26	instruments	instrument	NOUN
gp-325	79	27	,	,	PUNCT
gp-325	79	28	and	and	CCONJ
gp-325	79	29	analyze	analyze	VERB
gp-325	79	30	quantitative	quantitative	ADJ
gp-325	79	31	/	/	SYM
gp-325	79	32	statistical	statistical	ADJ
gp-325	79	33	data	datum	NOUN
gp-325	79	34	with	with	ADP
gp-325	79	35	the	the	DET
gp-325	79	36	aim	aim	NOUN
gp-325	79	37	of	of	ADP
gp-325	79	38	testing	test	VERB
gp-325	79	39	preestablished	preestablished	ADJ
gp-325	79	40	hypotheses	hypothesis	NOUN
gp-325	79	41	(	(	PUNCT
gp-325	79	42	sugiyono	sugiyono	X
gp-325	79	43	,	,	PUNCT
gp-325	79	44	2017:8	2017:8	NUM
gp-325	79	45	)	)	PUNCT
gp-325	79	46	.	.	PUNCT
gp-325	80	1	population	population	NOUN
gp-325	80	2	and	and	CCONJ
gp-325	80	3	sample	sample	VERB
gp-325	80	4	the	the	DET
gp-325	80	5	population	population	NOUN
gp-325	80	6	is	be	AUX
gp-325	80	7	a	a	DET
gp-325	80	8	generalization	generalization	NOUN
gp-325	80	9	area	area	NOUN
gp-325	80	10	consisting	consist	VERB
gp-325	80	11	of	of	ADP
gp-325	80	12	objects	object	NOUN
gp-325	80	13	or	or	CCONJ
gp-325	80	14	subjects	subject	NOUN
gp-325	80	15	that	that	PRON
gp-325	80	16	have	have	VERB
gp-325	80	17	certain	certain	ADJ
gp-325	80	18	quantities	quantity	NOUN
gp-325	80	19	and	and	CCONJ
gp-325	80	20	characteristics	characteristic	NOUN
gp-325	80	21	determined	determine	VERB
gp-325	80	22	by	by	ADP
gp-325	80	23	the	the	DET
gp-325	80	24	researcher	researcher	NOUN
gp-325	80	25	to	to	PART
gp-325	80	26	be	be	AUX
gp-325	80	27	studied	study	VERB
gp-325	80	28	,	,	PUNCT
gp-325	80	29	from	from	ADP
gp-325	80	30	which	which	PRON
gp-325	80	31	conclusions	conclusion	NOUN
gp-325	80	32	can	can	AUX
gp-325	80	33	then	then	ADV
gp-325	80	34	be	be	AUX
gp-325	80	35	drawn	draw	VERB
gp-325	80	36	(	(	PUNCT
gp-325	80	37	sugiyono	sugiyono	NOUN
gp-325	80	38	,	,	PUNCT
gp-325	80	39	2013:80	2013:80	NUM
gp-325	80	40	)	)	PUNCT
gp-325	80	41	.	.	PUNCT
gp-325	81	1	in	in	ADP
gp-325	81	2	this	this	DET
gp-325	81	3	study	study	NOUN
gp-325	81	4	,	,	PUNCT
gp-325	81	5	the	the	DET
gp-325	81	6	population	population	NOUN
gp-325	81	7	consists	consist	VERB
gp-325	81	8	of	of	ADP
gp-325	81	9	non	non	ADJ
gp-325	81	10	-	-	ADJ
gp-325	81	11	bank	bank	ADJ
gp-325	81	12	companies	company	NOUN
gp-325	81	13	listed	list	VERB
gp-325	81	14	in	in	ADP
gp-325	81	15	the	the	DET
gp-325	81	16	lq45	lq45	PROPN
gp-325	81	17	index	index	NOUN
gp-325	81	18	of	of	ADP
gp-325	81	19	the	the	DET
gp-325	81	20	indonesia	indonesia	PROPN
gp-325	81	21	stock	stock	PROPN
gp-325	81	22	exchange	exchange	PROPN
gp-325	81	23	from	from	ADP
gp-325	81	24	2019	2019	NUM
gp-325	81	25	to	to	ADP
gp-325	81	26	2023	2023	NUM
gp-325	81	27	,	,	PUNCT
gp-325	81	28	totaling	total	VERB
gp-325	81	29	56	56	NUM
gp-325	81	30	companies	company	NOUN
gp-325	81	31	.	.	PUNCT
gp-325	82	1	a	a	DET
gp-325	82	2	sample	sample	NOUN
gp-325	82	3	is	be	AUX
gp-325	82	4	a	a	DET
gp-325	82	5	subset	subset	NOUN
gp-325	82	6	of	of	ADP
gp-325	82	7	the	the	DET
gp-325	82	8	number	number	NOUN
gp-325	82	9	and	and	CCONJ
gp-325	82	10	characteristics	characteristic	NOUN
gp-325	82	11	possessed	possess	VERB
gp-325	82	12	by	by	ADP
gp-325	82	13	a	a	DET
gp-325	82	14	population	population	NOUN
gp-325	82	15	(	(	PUNCT
gp-325	82	16	sugiyono	sugiyono	NOUN
gp-325	82	17	,	,	PUNCT
gp-325	82	18	2013:81	2013:81	NUM
gp-325	82	19	)	)	PUNCT
gp-325	82	20	.	.	PUNCT
gp-325	83	1	the	the	DET
gp-325	83	2	sampling	sample	VERB
gp-325	83	3	technique	technique	NOUN
gp-325	83	4	used	use	VERB
gp-325	83	5	in	in	ADP
gp-325	83	6	this	this	DET
gp-325	83	7	study	study	NOUN
gp-325	83	8	is	be	AUX
gp-325	83	9	the	the	DET
gp-325	83	10	non	non	ADJ
gp-325	83	11	-	-	ADJ
gp-325	83	12	probability	probability	ADJ
gp-325	83	13	sampling	sampling	NOUN
gp-325	83	14	method	method	NOUN
gp-325	83	15	.	.	PUNCT
gp-325	84	1	non	non	ADJ
gp-325	84	2	-	-	ADJ
gp-325	84	3	probability	probability	ADJ
gp-325	84	4	sampling	sampling	NOUN
gp-325	84	5	is	be	AUX
gp-325	84	6	a	a	DET
gp-325	84	7	sampling	sampling	NOUN
gp-325	84	8	technique	technique	NOUN
gp-325	84	9	that	that	PRON
gp-325	84	10	does	do	AUX
gp-325	84	11	not	not	PART
gp-325	84	12	give	give	VERB
gp-325	84	13	every	every	DET
gp-325	84	14	element	element	NOUN
gp-325	84	15	or	or	CCONJ
gp-325	84	16	member	member	NOUN
gp-325	84	17	of	of	ADP
gp-325	84	18	the	the	DET
gp-325	84	19	population	population	NOUN
gp-325	84	20	an	an	DET
gp-325	84	21	equal	equal	ADJ
gp-325	84	22	chance	chance	NOUN
gp-325	84	23	to	to	PART
gp-325	84	24	be	be	AUX
gp-325	84	25	selected	select	VERB
gp-325	84	26	as	as	ADP
gp-325	84	27	a	a	DET
gp-325	84	28	sample	sample	NOUN
gp-325	84	29	.	.	PUNCT
gp-325	85	1	this	this	DET
gp-325	85	2	sampling	sampling	NOUN
gp-325	85	3	method	method	NOUN
gp-325	85	4	includes	include	VERB
gp-325	85	5	systematic	systematic	ADJ
gp-325	85	6	sampling	sampling	NOUN
gp-325	85	7	,	,	PUNCT
gp-325	85	8	quota	quota	NOUN
gp-325	85	9	sampling	sampling	NOUN
gp-325	85	10	,	,	PUNCT
gp-325	85	11	accidental	accidental	ADJ
gp-325	85	12	sampling	sampling	NOUN
gp-325	85	13	,	,	PUNCT
gp-325	85	14	purposive	purposive	ADJ
gp-325	85	15	sampling	sampling	NOUN
gp-325	85	16	,	,	PUNCT
gp-325	85	17	saturation	saturation	NOUN
gp-325	85	18	sampling	sampling	NOUN
gp-325	85	19	,	,	PUNCT
gp-325	85	20	and	and	CCONJ
gp-325	85	21	snowball	snowball	NOUN
gp-325	85	22	sampling	sampling	NOUN
gp-325	85	23	.	.	PUNCT
gp-325	86	1	this	this	DET
gp-325	86	2	study	study	NOUN
gp-325	86	3	employs	employ	VERB
gp-325	86	4	purposive	purposive	ADJ
gp-325	86	5	sampling	sampling	NOUN
gp-325	86	6	,	,	PUNCT
gp-325	86	7	which	which	PRON
gp-325	86	8	is	be	AUX
gp-325	86	9	a	a	DET
gp-325	86	10	technique	technique	NOUN
gp-325	86	11	for	for	ADP
gp-325	86	12	selecting	select	VERB
gp-325	86	13	samples	sample	NOUN
gp-325	86	14	based	base	VERB
gp-325	86	15	on	on	ADP
gp-325	86	16	specific	specific	ADJ
gp-325	86	17	considerations	consideration	NOUN
gp-325	86	18	(	(	PUNCT
gp-325	86	19	sugiyono	sugiyono	NOUN
gp-325	86	20	,	,	PUNCT
gp-325	86	21	2013:85	2013:85	NUM
gp-325	86	22	)	)	PUNCT
gp-325	86	23	.	.	PUNCT
gp-325	87	1	the	the	DET
gp-325	87	2	criteria	criterion	NOUN
gp-325	87	3	used	use	VERB
gp-325	87	4	are	be	AUX
gp-325	87	5	as	as	SCONJ
gp-325	87	6	follows	follow	VERB
gp-325	87	7	:	:	PUNCT
gp-325	87	8	table	table	NOUN
gp-325	87	9	2	2	NUM
gp-325	87	10	.	.	PUNCT
gp-325	87	11	sample	sample	NOUN
gp-325	87	12	criteria	criterion	NOUN
gp-325	87	13	population	population	PROPN
gp-325	87	14	non	non	ADJ
gp-325	87	15	-	-	ADJ
gp-325	87	16	bank	bank	ADJ
gp-325	87	17	companies	company	NOUN
gp-325	87	18	in	in	ADP
gp-325	87	19	the	the	DET
gp-325	87	20	lq45	lq45	PROPN
gp-325	87	21	index	index	NOUN
gp-325	87	22	on	on	ADP
gp-325	87	23	the	the	DET
gp-325	87	24	indonesia	indonesia	PROPN
gp-325	87	25	stock	stock	PROPN
gp-325	87	26	exchange	exchange	PROPN
gp-325	87	27	(	(	PUNCT
gp-325	87	28	2019	2019	NUM
gp-325	87	29	-	-	SYM
gp-325	87	30	2023	2023	NUM
gp-325	87	31	)	)	PUNCT
gp-325	87	32	56	56	NUM
gp-325	87	33	companies	company	NOUN
gp-325	87	34	non	non	ADJ
gp-325	87	35	-	-	ADJ
gp-325	87	36	criteria	criteria	ADJ
gp-325	87	37	non	non	ADJ
gp-325	87	38	-	-	ADJ
gp-325	87	39	bank	bank	ADJ
gp-325	87	40	companies	company	NOUN
gp-325	87	41	that	that	PRON
gp-325	87	42	do	do	AUX
gp-325	87	43	not	not	PART
gp-325	87	44	have	have	VERB
gp-325	87	45	financial	financial	ADJ
gp-325	87	46	statement	statement	NOUN
gp-325	87	47	data	datum	NOUN
gp-325	87	48	with	with	ADP
gp-325	87	49	a	a	DET
gp-325	87	50	range	range	NOUN
gp-325	87	51	that	that	PRON
gp-325	87	52	is	be	AUX
gp-325	87	53	too	too	ADV
gp-325	87	54	far	far	ADV
gp-325	87	55	from	from	ADP
gp-325	87	56	the	the	DET
gp-325	87	57	lq45	lq45	PROPN
gp-325	87	58	index	index	NOUN
gp-325	87	59	.	.	PUNCT
gp-325	88	1	4	4	NUM
gp-325	88	2	companies	company	NOUN
gp-325	88	3	non	non	ADJ
gp-325	88	4	-	-	ADJ
gp-325	88	5	bank	bank	ADJ
gp-325	88	6	companies	company	NOUN
gp-325	88	7	that	that	PRON
gp-325	88	8	are	be	AUX
gp-325	88	9	not	not	PART
gp-325	88	10	listed	list	VERB
gp-325	88	11	on	on	ADP
gp-325	88	12	the	the	DET
gp-325	88	13	lq45	lq45	PROPN
gp-325	88	14	index	index	NOUN
gp-325	88	15	consecutively	consecutively	ADV
gp-325	88	16	(	(	PUNCT
gp-325	88	17	2019	2019	NUM
gp-325	88	18	-	-	SYM
gp-325	88	19	2023	2023	NUM
gp-325	88	20	)	)	PUNCT
gp-325	88	21	.	.	PUNCT
gp-325	89	1	7	7	NUM
gp-325	89	2	companies	company	NOUN
gp-325	89	3	american	american	PROPN
gp-325	89	4	journal	journal	PROPN
gp-325	89	5	of	of	ADP
gp-325	89	6	economic	economic	ADJ
gp-325	89	7	and	and	CCONJ
gp-325	89	8	management	management	NOUN
gp-325	89	9	business	business	NOUN
gp-325	89	10	vol	vol	NOUN
gp-325	89	11	.	.	PROPN
gp-325	89	12	4	4	NUM
gp-325	89	13	no	no	NOUN
gp-325	89	14	.	.	NOUN
gp-325	89	15	8	8	NUM
gp-325	89	16	agustus	agustus	NOUN
gp-325	89	17	2025	2025	NUM
gp-325	89	18	1282	1282	NUM
gp-325	89	19	non	non	ADJ
gp-325	89	20	-	-	ADJ
gp-325	89	21	bank	bank	ADJ
gp-325	89	22	companies	company	NOUN
gp-325	89	23	that	that	PRON
gp-325	89	24	do	do	AUX
gp-325	89	25	not	not	PART
gp-325	89	26	report	report	VERB
gp-325	89	27	complete	complete	ADJ
gp-325	89	28	and	and	CCONJ
gp-325	89	29	consistent	consistent	ADJ
gp-325	89	30	financial	financial	ADJ
gp-325	89	31	statements	statement	NOUN
gp-325	89	32	or	or	CCONJ
gp-325	89	33	financial	financial	ADJ
gp-325	89	34	ratios	ratio	NOUN
gp-325	89	35	during	during	ADP
gp-325	89	36	2019	2019	NUM
gp-325	89	37	-	-	SYM
gp-325	89	38	2023	2023	NUM
gp-325	89	39	.	.	PUNCT
gp-325	90	1	10	10	NUM
gp-325	90	2	companies	company	NOUN
gp-325	90	3	total	total	ADJ
gp-325	90	4	sample	sample	NOUN
gp-325	90	5	35	35	NUM
gp-325	90	6	companies	company	NOUN
gp-325	90	7	total	total	ADJ
gp-325	90	8	observations	observation	NOUN
gp-325	90	9	(	(	PUNCT
gp-325	90	10	35	35	NUM
gp-325	90	11	x	x	SYM
gp-325	90	12	5	5	NUM
gp-325	90	13	)	)	PUNCT
gp-325	90	14	175	175	NUM
gp-325	90	15	companies	company	NOUN
gp-325	90	16	data	datum	NOUN
gp-325	90	17	used	use	VERB
gp-325	90	18	by	by	ADP
gp-325	90	19	the	the	DET
gp-325	90	20	author	author	NOUN
gp-325	90	21	in	in	ADP
gp-325	90	22	this	this	DET
gp-325	90	23	study	study	NOUN
gp-325	90	24	was	be	AUX
gp-325	90	25	obtained	obtain	VERB
gp-325	90	26	from	from	ADP
gp-325	90	27	the	the	DET
gp-325	90	28	financial	financial	ADJ
gp-325	90	29	reports	report	NOUN
gp-325	90	30	of	of	ADP
gp-325	90	31	companies	company	NOUN
gp-325	90	32	listed	list	VERB
gp-325	90	33	on	on	ADP
gp-325	90	34	the	the	DET
gp-325	90	35	indonesia	indonesia	PROPN
gp-325	90	36	stock	stock	PROPN
gp-325	90	37	exchange	exchange	PROPN
gp-325	90	38	for	for	ADP
gp-325	90	39	the	the	DET
gp-325	90	40	period	period	NOUN
gp-325	90	41	2019	2019	NUM
gp-325	90	42	-	-	SYM
gp-325	90	43	2023	2023	NUM
gp-325	90	44	.	.	PUNCT
gp-325	91	1	data	datum	NOUN
gp-325	91	2	collection	collection	NOUN
gp-325	91	3	techniques	technique	NOUN
gp-325	91	4	data	data	NOUN
gp-325	91	5	collection	collection	NOUN
gp-325	91	6	can	can	AUX
gp-325	91	7	be	be	AUX
gp-325	91	8	carried	carry	VERB
gp-325	91	9	out	out	ADP
gp-325	91	10	using	use	VERB
gp-325	91	11	various	various	ADJ
gp-325	91	12	methods	method	NOUN
gp-325	91	13	,	,	PUNCT
gp-325	91	14	including	include	VERB
gp-325	91	15	observation	observation	NOUN
gp-325	91	16	,	,	PUNCT
gp-325	91	17	interviews	interview	NOUN
gp-325	91	18	,	,	PUNCT
gp-325	91	19	questionnaires	questionnaire	NOUN
gp-325	91	20	,	,	PUNCT
gp-325	91	21	documentation	documentation	NOUN
gp-325	91	22	,	,	PUNCT
gp-325	91	23	and	and	CCONJ
gp-325	91	24	triangulation	triangulation	NOUN
gp-325	91	25	or	or	CCONJ
gp-325	91	26	a	a	DET
gp-325	91	27	combination	combination	NOUN
gp-325	91	28	thereof	thereof	ADV
gp-325	91	29	(	(	PUNCT
gp-325	91	30	sugiyono	sugiyono	NOUN
gp-325	91	31	,	,	PUNCT
gp-325	91	32	2019:194	2019:194	NUM
gp-325	91	33	)	)	PUNCT
gp-325	91	34	.	.	PUNCT
gp-325	92	1	in	in	ADP
gp-325	92	2	this	this	DET
gp-325	92	3	study	study	NOUN
gp-325	92	4	,	,	PUNCT
gp-325	92	5	the	the	DET
gp-325	92	6	researcher	researcher	NOUN
gp-325	92	7	used	use	VERB
gp-325	92	8	the	the	DET
gp-325	92	9	documentation	documentation	NOUN
gp-325	92	10	data	datum	NOUN
gp-325	92	11	collection	collection	NOUN
gp-325	92	12	technique	technique	NOUN
gp-325	92	13	.	.	PUNCT
gp-325	93	1	in	in	ADP
gp-325	93	2	this	this	DET
gp-325	93	3	technique	technique	NOUN
gp-325	93	4	,	,	PUNCT
gp-325	93	5	the	the	DET
gp-325	93	6	researcher	researcher	NOUN
gp-325	93	7	sought	seek	VERB
gp-325	93	8	data	datum	NOUN
gp-325	93	9	and	and	CCONJ
gp-325	93	10	explanations	explanation	NOUN
gp-325	93	11	regarding	regard	VERB
gp-325	93	12	events	event	NOUN
gp-325	93	13	that	that	PRON
gp-325	93	14	had	have	AUX
gp-325	93	15	already	already	ADV
gp-325	93	16	occurred	occur	VERB
gp-325	93	17	,	,	PUNCT
gp-325	93	18	specifically	specifically	ADV
gp-325	93	19	in	in	ADP
gp-325	93	20	the	the	DET
gp-325	93	21	form	form	NOUN
gp-325	93	22	of	of	ADP
gp-325	93	23	the	the	DET
gp-325	93	24	financial	financial	ADJ
gp-325	93	25	reports	report	NOUN
gp-325	93	26	of	of	ADP
gp-325	93	27	companies	company	NOUN
gp-325	93	28	listed	list	VERB
gp-325	93	29	on	on	ADP
gp-325	93	30	the	the	DET
gp-325	93	31	lq45	lq45	PROPN
gp-325	93	32	index	index	NOUN
gp-325	93	33	for	for	ADP
gp-325	93	34	the	the	DET
gp-325	93	35	period	period	NOUN
gp-325	93	36	2019–2023	2019–2023	NUM
gp-325	93	37	,	,	PUNCT
gp-325	93	38	which	which	PRON
gp-325	93	39	had	have	AUX
gp-325	93	40	been	be	AUX
gp-325	93	41	published	publish	VERB
gp-325	93	42	on	on	ADP
gp-325	93	43	the	the	DET
gp-325	93	44	official	official	ADJ
gp-325	93	45	website	website	NOUN
gp-325	93	46	of	of	ADP
gp-325	93	47	the	the	DET
gp-325	93	48	indonesia	indonesia	PROPN
gp-325	93	49	stock	stock	PROPN
gp-325	93	50	exchange	exchange	PROPN
gp-325	93	51	(	(	PUNCT
gp-325	93	52	bursa	bursa	NOUN
gp-325	93	53	efek	efek	NOUN
gp-325	93	54	indonesia	indonesia	PROPN
gp-325	93	55	–	–	PUNCT
gp-325	93	56	bei	bei	PROPN
gp-325	93	57	)	)	PUNCT
gp-325	93	58	.	.	PUNCT
gp-325	94	1	additionally	additionally	ADV
gp-325	94	2	,	,	PUNCT
gp-325	94	3	the	the	DET
gp-325	94	4	data	data	NOUN
gp-325	94	5	collection	collection	NOUN
gp-325	94	6	process	process	NOUN
gp-325	94	7	was	be	AUX
gp-325	94	8	supported	support	VERB
gp-325	94	9	by	by	ADP
gp-325	94	10	information	information	NOUN
gp-325	94	11	obtained	obtain	VERB
gp-325	94	12	from	from	ADP
gp-325	94	13	internet	internet	NOUN
gp-325	94	14	sources	source	NOUN
gp-325	94	15	to	to	PART
gp-325	94	16	facilitate	facilitate	VERB
gp-325	94	17	data	datum	NOUN
gp-325	94	18	acquisition	acquisition	NOUN
gp-325	94	19	and	and	CCONJ
gp-325	94	20	strengthen	strengthen	VERB
gp-325	94	21	the	the	DET
gp-325	94	22	research	research	NOUN
gp-325	94	23	process	process	NOUN
gp-325	94	24	in	in	ADP
gp-325	94	25	achieving	achieve	VERB
gp-325	94	26	its	its	PRON
gp-325	94	27	objectives	objective	NOUN
gp-325	94	28	.	.	PUNCT
gp-325	95	1	data	datum	NOUN
gp-325	95	2	analysis	analysis	NOUN
gp-325	95	3	techniques	technique	NOUN
gp-325	95	4	in	in	ADP
gp-325	95	5	this	this	DET
gp-325	95	6	study	study	NOUN
gp-325	95	7	,	,	PUNCT
gp-325	95	8	data	datum	NOUN
gp-325	95	9	analysis	analysis	NOUN
gp-325	95	10	was	be	AUX
gp-325	95	11	conducted	conduct	VERB
gp-325	95	12	using	use	VERB
gp-325	95	13	multiple	multiple	ADJ
gp-325	95	14	regression	regression	NOUN
gp-325	95	15	analysis	analysis	NOUN
gp-325	95	16	with	with	ADP
gp-325	95	17	panel	panel	NOUN
gp-325	95	18	data	datum	NOUN
gp-325	95	19	to	to	PART
gp-325	95	20	examine	examine	VERB
gp-325	95	21	the	the	DET
gp-325	95	22	influence	influence	NOUN
gp-325	95	23	of	of	ADP
gp-325	95	24	current	current	ADJ
gp-325	95	25	ratio	ratio	NOUN
gp-325	95	26	(	(	PUNCT
gp-325	95	27	cr	cr	NOUN
gp-325	95	28	)	)	PUNCT
gp-325	95	29	,	,	PUNCT
gp-325	95	30	debt	debt	NOUN
gp-325	95	31	to	to	ADP
gp-325	95	32	asset	asset	NOUN
gp-325	95	33	ratio	ratio	NOUN
gp-325	95	34	(	(	PUNCT
gp-325	95	35	dar	dar	NOUN
gp-325	95	36	)	)	PUNCT
gp-325	95	37	,	,	PUNCT
gp-325	95	38	and	and	CCONJ
gp-325	95	39	return	return	VERB
gp-325	95	40	on	on	ADP
gp-325	95	41	assets	asset	NOUN
gp-325	95	42	(	(	PUNCT
gp-325	95	43	roa	roa	NOUN
gp-325	95	44	)	)	PUNCT
gp-325	95	45	on	on	ADP
gp-325	95	46	price	price	NOUN
gp-325	95	47	to	to	ADP
gp-325	95	48	book	book	NOUN
gp-325	95	49	value	value	NOUN
gp-325	95	50	(	(	PUNCT
gp-325	95	51	pbv	pbv	ADJ
gp-325	95	52	)	)	PUNCT
gp-325	95	53	.	.	PUNCT
gp-325	96	1	following	follow	VERB
gp-325	96	2	sugiyono	sugiyono	NOUN
gp-325	96	3	(	(	PUNCT
gp-325	96	4	2017	2017	NUM
gp-325	96	5	,	,	PUNCT
gp-325	96	6	2022	2022	NUM
gp-325	96	7	)	)	PUNCT
gp-325	96	8	,	,	PUNCT
gp-325	96	9	the	the	DET
gp-325	96	10	process	process	NOUN
gp-325	96	11	involved	involve	VERB
gp-325	96	12	organizing	organize	VERB
gp-325	96	13	,	,	PUNCT
gp-325	96	14	categorizing	categorizing	NOUN
gp-325	96	15	,	,	PUNCT
gp-325	96	16	and	and	CCONJ
gp-325	96	17	systematically	systematically	ADV
gp-325	96	18	interpreting	interpret	VERB
gp-325	96	19	data	datum	NOUN
gp-325	96	20	collected	collect	VERB
gp-325	96	21	through	through	ADP
gp-325	96	22	documentation	documentation	NOUN
gp-325	96	23	,	,	PUNCT
gp-325	96	24	interviews	interview	NOUN
gp-325	96	25	,	,	PUNCT
gp-325	96	26	and	and	CCONJ
gp-325	96	27	field	field	NOUN
gp-325	96	28	notes	note	NOUN
gp-325	96	29	.	.	PUNCT
gp-325	97	1	descriptive	descriptive	ADJ
gp-325	97	2	statistics	statistic	NOUN
gp-325	97	3	were	be	AUX
gp-325	97	4	used	use	VERB
gp-325	97	5	to	to	PART
gp-325	97	6	present	present	VERB
gp-325	97	7	the	the	DET
gp-325	97	8	mean	mean	ADJ
gp-325	97	9	,	,	PUNCT
gp-325	97	10	minimum	minimum	ADJ
gp-325	97	11	,	,	PUNCT
gp-325	97	12	maximum	maximum	ADJ
gp-325	97	13	,	,	PUNCT
gp-325	97	14	and	and	CCONJ
gp-325	97	15	standard	standard	ADJ
gp-325	97	16	deviation	deviation	NOUN
gp-325	97	17	of	of	ADP
gp-325	97	18	variables	variable	NOUN
gp-325	97	19	.	.	PUNCT
gp-325	98	1	classical	classical	ADJ
gp-325	98	2	assumption	assumption	NOUN
gp-325	98	3	tests	test	NOUN
gp-325	98	4	—	—	PUNCT
gp-325	98	5	including	include	VERB
gp-325	98	6	normality	normality	NOUN
gp-325	98	7	,	,	PUNCT
gp-325	98	8	multicollinearity	multicollinearity	NOUN
gp-325	98	9	,	,	PUNCT
gp-325	98	10	heteroscedasticity	heteroscedasticity	NOUN
gp-325	98	11	,	,	PUNCT
gp-325	98	12	and	and	CCONJ
gp-325	98	13	autocorrelation	autocorrelation	NOUN
gp-325	98	14	tests	test	NOUN
gp-325	98	15	—	—	PUNCT
gp-325	98	16	were	be	AUX
gp-325	98	17	conducted	conduct	VERB
gp-325	98	18	to	to	PART
gp-325	98	19	ensure	ensure	VERB
gp-325	98	20	the	the	DET
gp-325	98	21	validity	validity	NOUN
gp-325	98	22	of	of	ADP
gp-325	98	23	the	the	DET
gp-325	98	24	regression	regression	NOUN
gp-325	98	25	model	model	NOUN
gp-325	98	26	(	(	PUNCT
gp-325	98	27	ghozali	ghozali	PROPN
gp-325	98	28	,	,	PUNCT
gp-325	98	29	2013	2013	NUM
gp-325	98	30	;	;	PUNCT
gp-325	98	31	indrianti	indrianti	X
gp-325	98	32	et	et	PROPN
gp-325	98	33	al	al	PROPN
gp-325	98	34	.	.	PROPN
gp-325	98	35	,	,	PUNCT
gp-325	98	36	2022	2022	NUM
gp-325	98	37	)	)	PUNCT
gp-325	98	38	.	.	PUNCT
gp-325	99	1	panel	panel	NOUN
gp-325	99	2	data	data	PROPN
gp-325	99	3	regression	regression	NOUN
gp-325	99	4	was	be	AUX
gp-325	99	5	performed	perform	VERB
gp-325	99	6	using	use	VERB
gp-325	99	7	the	the	DET
gp-325	99	8	common	common	ADJ
gp-325	99	9	effect	effect	NOUN
gp-325	99	10	model	model	NOUN
gp-325	99	11	(	(	PUNCT
gp-325	99	12	cem	cem	NOUN
gp-325	99	13	)	)	PUNCT
gp-325	99	14	,	,	PUNCT
gp-325	99	15	fixed	fix	VERB
gp-325	99	16	effect	effect	NOUN
gp-325	99	17	model	model	NOUN
gp-325	99	18	(	(	PUNCT
gp-325	99	19	fem	fem	NOUN
gp-325	99	20	)	)	PUNCT
gp-325	99	21	,	,	PUNCT
gp-325	99	22	and	and	CCONJ
gp-325	99	23	random	random	ADJ
gp-325	99	24	effect	effect	NOUN
gp-325	99	25	model	model	NOUN
gp-325	99	26	(	(	PUNCT
gp-325	99	27	rem	rem	NOUN
gp-325	99	28	)	)	PUNCT
gp-325	99	29	,	,	PUNCT
gp-325	99	30	with	with	ADP
gp-325	99	31	the	the	DET
gp-325	99	32	chow	chow	PROPN
gp-325	99	33	,	,	PUNCT
gp-325	99	34	hausman	hausman	ADJ
gp-325	99	35	,	,	PUNCT
gp-325	99	36	and	and	CCONJ
gp-325	99	37	lagrange	lagrange	NOUN
gp-325	99	38	multiplier	multipli	ADJ
gp-325	99	39	tests	test	NOUN
gp-325	99	40	applied	apply	VERB
gp-325	99	41	to	to	PART
gp-325	99	42	determine	determine	VERB
gp-325	99	43	the	the	DET
gp-325	99	44	most	most	ADV
gp-325	99	45	appropriate	appropriate	ADJ
gp-325	99	46	model	model	NOUN
gp-325	99	47	.	.	PUNCT
gp-325	100	1	hypothesis	hypothesis	NOUN
gp-325	100	2	testing	testing	NOUN
gp-325	100	3	was	be	AUX
gp-325	100	4	carried	carry	VERB
gp-325	100	5	out	out	ADP
gp-325	100	6	using	use	VERB
gp-325	100	7	t	t	NOUN
gp-325	100	8	-	-	PUNCT
gp-325	100	9	tests	test	NOUN
gp-325	100	10	to	to	PART
gp-325	100	11	assess	assess	VERB
gp-325	100	12	the	the	DET
gp-325	100	13	partial	partial	ADJ
gp-325	100	14	effects	effect	NOUN
gp-325	100	15	of	of	ADP
gp-325	100	16	cr	cr	PROPN
gp-325	100	17	,	,	PUNCT
gp-325	100	18	dar	dar	PROPN
gp-325	100	19	,	,	PUNCT
gp-325	100	20	and	and	CCONJ
gp-325	100	21	roa	roa	NOUN
gp-325	100	22	,	,	PUNCT
gp-325	100	23	and	and	CCONJ
gp-325	100	24	f	f	X
gp-325	100	25	-	-	PUNCT
gp-325	100	26	tests	test	NOUN
gp-325	100	27	to	to	PART
gp-325	100	28	evaluate	evaluate	VERB
gp-325	100	29	their	their	PRON
gp-325	100	30	simultaneous	simultaneous	ADJ
gp-325	100	31	effects	effect	NOUN
gp-325	100	32	.	.	PUNCT
gp-325	101	1	the	the	DET
gp-325	101	2	adjusted	adjusted	ADJ
gp-325	101	3	r	r	NOUN
gp-325	101	4	-	-	PUNCT
gp-325	101	5	square	square	ADJ
gp-325	101	6	value	value	NOUN
gp-325	101	7	was	be	AUX
gp-325	101	8	used	use	VERB
gp-325	101	9	to	to	PART
gp-325	101	10	assess	assess	VERB
gp-325	101	11	the	the	DET
gp-325	101	12	explanatory	explanatory	ADJ
gp-325	101	13	power	power	NOUN
gp-325	101	14	of	of	ADP
gp-325	101	15	the	the	DET
gp-325	101	16	independent	independent	ADJ
gp-325	101	17	variables	variable	NOUN
gp-325	101	18	on	on	ADP
gp-325	101	19	pbv	pbv	ADJ
gp-325	101	20	.	.	PUNCT
gp-325	102	1	overall	overall	ADV
gp-325	102	2	,	,	PUNCT
gp-325	102	3	these	these	DET
gp-325	102	4	techniques	technique	NOUN
gp-325	102	5	allowed	allow	VERB
gp-325	102	6	for	for	ADP
gp-325	102	7	a	a	DET
gp-325	102	8	robust	robust	ADJ
gp-325	102	9	analysis	analysis	NOUN
gp-325	102	10	of	of	ADP
gp-325	102	11	both	both	CCONJ
gp-325	102	12	individual	individual	ADJ
gp-325	102	13	and	and	CCONJ
gp-325	102	14	combined	combined	ADJ
gp-325	102	15	effects	effect	NOUN
gp-325	102	16	of	of	ADP
gp-325	102	17	financial	financial	ADJ
gp-325	102	18	ratios	ratio	NOUN
gp-325	102	19	on	on	ADP
gp-325	102	20	firm	firm	ADJ
gp-325	102	21	valuation	valuation	NOUN
gp-325	102	22	,	,	PUNCT
gp-325	102	23	while	while	SCONJ
gp-325	102	24	ensuring	ensure	VERB
gp-325	102	25	that	that	SCONJ
gp-325	102	26	statistical	statistical	ADJ
gp-325	102	27	assumptions	assumption	NOUN
gp-325	102	28	were	be	AUX
gp-325	102	29	met	meet	VERB
gp-325	102	30	and	and	CCONJ
gp-325	102	31	model	model	NOUN
gp-325	102	32	reliability	reliability	NOUN
gp-325	102	33	was	be	AUX
gp-325	102	34	maintained	maintain	VERB
gp-325	102	35	.	.	PUNCT
gp-325	103	1	result	result	NOUN
gp-325	103	2	and	and	CCONJ
gp-325	103	3	discussion	discussion	NOUN
gp-325	103	4	descriptive	descriptive	ADJ
gp-325	103	5	statistics	statistic	NOUN
gp-325	103	6	descriptive	descriptive	ADJ
gp-325	103	7	statistical	statistical	ADJ
gp-325	103	8	analysis	analysis	NOUN
gp-325	103	9	was	be	AUX
gp-325	103	10	conducted	conduct	VERB
gp-325	103	11	to	to	PART
gp-325	103	12	provide	provide	VERB
gp-325	103	13	an	an	DET
gp-325	103	14	overview	overview	NOUN
gp-325	103	15	of	of	ADP
gp-325	103	16	the	the	DET
gp-325	103	17	variables	variable	NOUN
gp-325	103	18	analyzed	analyze	VERB
gp-325	103	19	in	in	ADP
gp-325	103	20	this	this	DET
gp-325	103	21	study	study	NOUN
gp-325	103	22	.	.	PUNCT
gp-325	104	1	the	the	DET
gp-325	104	2	data	datum	NOUN
gp-325	104	3	presented	present	VERB
gp-325	104	4	includes	include	VERB
gp-325	104	5	the	the	DET
gp-325	104	6	mean	mean	ADJ
gp-325	104	7	,	,	PUNCT
gp-325	104	8	minimum	minimum	ADJ
gp-325	104	9	and	and	CCONJ
gp-325	104	10	maximum	maximum	ADJ
gp-325	104	11	values	value	NOUN
gp-325	104	12	,	,	PUNCT
gp-325	104	13	and	and	CCONJ
gp-325	104	14	standard	standard	ADJ
gp-325	104	15	deviation	deviation	NOUN
gp-325	104	16	of	of	ADP
gp-325	104	17	the	the	DET
gp-325	104	18	current	current	ADJ
gp-325	104	19	ratio	ratio	NOUN
gp-325	104	20	,	,	PUNCT
gp-325	104	21	debt	debt	NOUN
gp-325	104	22	to	to	ADP
gp-325	104	23	asset	asset	NOUN
gp-325	104	24	ratio	ratio	NOUN
gp-325	104	25	,	,	PUNCT
gp-325	104	26	return	return	VERB
gp-325	104	27	on	on	ADP
gp-325	104	28	asset	asset	NOUN
gp-325	104	29	,	,	PUNCT
gp-325	104	30	and	and	CCONJ
gp-325	104	31	price	price	NOUN
gp-325	104	32	to	to	ADP
gp-325	104	33	book	book	NOUN
gp-325	104	34	value	value	NOUN
gp-325	104	35	variables	variable	NOUN
gp-325	104	36	.	.	PUNCT
gp-325	105	1	data	datum	NOUN
gp-325	105	2	processing	processing	NOUN
gp-325	105	3	was	be	AUX
gp-325	105	4	performed	perform	VERB
gp-325	105	5	using	use	VERB
gp-325	105	6	e	e	NOUN
gp-325	105	7	-	-	NOUN
gp-325	105	8	views	views	ADJ
gp-325	105	9	13	13	NUM
gp-325	105	10	software	software	NOUN
gp-325	105	11	.	.	PUNCT
gp-325	106	1	the	the	DET
gp-325	106	2	following	follow	VERB
gp-325	106	3	are	be	AUX
gp-325	106	4	the	the	DET
gp-325	106	5	results	result	NOUN
gp-325	106	6	of	of	ADP
gp-325	106	7	the	the	DET
gp-325	106	8	descriptive	descriptive	ADJ
gp-325	106	9	statistical	statistical	ADJ
gp-325	106	10	analysis	analysis	NOUN
gp-325	106	11	:	:	PUNCT
gp-325	106	12	american	american	ADJ
gp-325	106	13	journal	journal	PROPN
gp-325	106	14	of	of	ADP
gp-325	106	15	economic	economic	ADJ
gp-325	106	16	and	and	CCONJ
gp-325	106	17	management	management	NOUN
gp-325	106	18	business	business	NOUN
gp-325	106	19	vol	vol	NOUN
gp-325	106	20	.	.	PROPN
gp-325	107	1	4	4	NUM
gp-325	107	2	no	no	NOUN
gp-325	107	3	.	.	NOUN
gp-325	107	4	8	8	NUM
gp-325	107	5	agustus	agustus	NOUN
gp-325	107	6	2025	2025	NUM
gp-325	107	7	1283	1283	NUM
gp-325	107	8	table	table	NOUN
gp-325	107	9	2	2	NUM
gp-325	107	10	.	.	PUNCT
gp-325	107	11	descriptive	descriptive	ADJ
gp-325	107	12	statistics	statistics	PROPN
gp-325	107	13	statistic	statistic	PROPN
gp-325	107	14	cr	cr	PROPN
gp-325	107	15	dar	dar	PROPN
gp-325	107	16	roa	roa	PROPN
gp-325	107	17	pbv	pbv	VERB
gp-325	107	18	mean	mean	VERB
gp-325	107	19	2.302743	2.302743	NUM
gp-325	107	20	0.472857	0.472857	NUM
gp-325	107	21	7.893314	7.893314	NUM
gp-325	107	22	5.436971	5.436971	NUM
gp-325	107	23	median	median	NOUN
gp-325	107	24	1.980000	1.980000	NUM
gp-325	107	25	0.450000	0.450000	NUM
gp-325	107	26	5.660000	5.660000	NUM
gp-325	107	27	1.850000	1.850000	NUM
gp-325	107	28	maximum	maximum	NOUN
gp-325	107	29	10.07000	10.07000	NUM
gp-325	107	30	2.430000	2.430000	NUM
gp-325	107	31	45.43000	45.43000	NUM
gp-325	107	32	324.5300	324.5300	NUM
gp-325	107	33	minimum	minimum	ADJ
gp-325	107	34	0.220000	0.220000	NUM
gp-325	107	35	0.080000	0.080000	NUM
gp-325	107	36	-13.36000	-13.36000	NUM
gp-325	107	37	0.390000	0.390000	NUM
gp-325	107	38	std	std	NOUN
gp-325	107	39	dev	dev	PROPN
gp-325	107	40	.	.	PUNCT
gp-325	108	1	1.701315	1.701315	NUM
gp-325	108	2	0.311756	0.311756	NUM
gp-325	108	3	8.311490	8.311490	NUM
gp-325	108	4	25.25626	25.25626	NUM
gp-325	108	5	observations	observation	NOUN
gp-325	108	6	175	175	NUM
gp-325	108	7	175	175	NUM
gp-325	108	8	175	175	NUM
gp-325	108	9	175	175	NUM
gp-325	108	10	source	source	NOUN
gp-325	108	11	:	:	PUNCT
gp-325	108	12	data	datum	NOUN
gp-325	108	13	processing	processing	NOUN
gp-325	108	14	results	result	NOUN
gp-325	108	15	with	with	ADP
gp-325	108	16	e	e	NOUN
gp-325	108	17	-	-	NOUN
gp-325	108	18	views	view	NOUN
gp-325	108	19	,	,	PUNCT
gp-325	108	20	2025	2025	NUM
gp-325	108	21	table	table	NOUN
gp-325	108	22	8.1	8.1	NUM
gp-325	108	23	shows	show	VERB
gp-325	108	24	that	that	SCONJ
gp-325	108	25	from	from	ADP
gp-325	108	26	a	a	DET
gp-325	108	27	total	total	ADJ
gp-325	108	28	sample	sample	NOUN
gp-325	108	29	of	of	ADP
gp-325	108	30	175	175	NUM
gp-325	108	31	observations	observation	NOUN
gp-325	108	32	,	,	PUNCT
gp-325	108	33	the	the	DET
gp-325	108	34	dependent	dependent	ADJ
gp-325	108	35	variable	variable	NOUN
gp-325	108	36	measured	measure	VERB
gp-325	108	37	by	by	ADP
gp-325	108	38	price	price	NOUN
gp-325	108	39	to	to	ADP
gp-325	108	40	book	book	NOUN
gp-325	108	41	value	value	NOUN
gp-325	108	42	shows	show	VERB
gp-325	108	43	a	a	DET
gp-325	108	44	minimum	minimum	ADJ
gp-325	108	45	value	value	NOUN
gp-325	108	46	of	of	ADP
gp-325	108	47	0.390000	0.390000	NUM
gp-325	108	48	,	,	PUNCT
gp-325	108	49	while	while	SCONJ
gp-325	108	50	the	the	DET
gp-325	108	51	maximum	maximum	ADJ
gp-325	108	52	value	value	NOUN
gp-325	108	53	reaches	reach	VERB
gp-325	108	54	324.5300	324.5300	NUM
gp-325	108	55	.	.	PUNCT
gp-325	109	1	the	the	DET
gp-325	109	2	average	average	ADJ
gp-325	109	3	value	value	NOUN
gp-325	109	4	of	of	ADP
gp-325	109	5	the	the	DET
gp-325	109	6	company	company	NOUN
gp-325	109	7	is	be	AUX
gp-325	109	8	recorded	record	VERB
gp-325	109	9	at	at	ADP
gp-325	109	10	5.436971	5.436971	NUM
gp-325	109	11	with	with	ADP
gp-325	109	12	a	a	DET
gp-325	109	13	standard	standard	ADJ
gp-325	109	14	deviation	deviation	NOUN
gp-325	109	15	of	of	ADP
gp-325	109	16	25.25626	25.25626	NUM
gp-325	109	17	.	.	PUNCT
gp-325	110	1	for	for	ADP
gp-325	110	2	the	the	DET
gp-325	110	3	current	current	ADJ
gp-325	110	4	ratio	ratio	NOUN
gp-325	110	5	variable	variable	NOUN
gp-325	110	6	,	,	PUNCT
gp-325	110	7	the	the	DET
gp-325	110	8	minimum	minimum	ADJ
gp-325	110	9	value	value	NOUN
gp-325	110	10	is	be	AUX
gp-325	110	11	0.220000	0.220000	NUM
gp-325	110	12	,	,	PUNCT
gp-325	110	13	while	while	SCONJ
gp-325	110	14	the	the	DET
gp-325	110	15	maximum	maximum	ADJ
gp-325	110	16	value	value	NOUN
gp-325	110	17	is	be	AUX
gp-325	110	18	10.07000	10.07000	NUM
gp-325	110	19	.	.	PUNCT
gp-325	111	1	the	the	DET
gp-325	111	2	average	average	ADJ
gp-325	111	3	current	current	ADJ
gp-325	111	4	ratio	ratio	NOUN
gp-325	111	5	is	be	AUX
gp-325	111	6	2.302743	2.302743	NUM
gp-325	111	7	with	with	ADP
gp-325	111	8	a	a	DET
gp-325	111	9	standard	standard	ADJ
gp-325	111	10	deviation	deviation	NOUN
gp-325	111	11	of	of	ADP
gp-325	111	12	1.701315	1.701315	NUM
gp-325	111	13	.	.	PUNCT
gp-325	112	1	for	for	ADP
gp-325	112	2	the	the	DET
gp-325	112	3	debt	debt	NOUN
gp-325	112	4	to	to	ADP
gp-325	112	5	asset	asset	NOUN
gp-325	112	6	ratio	ratio	NOUN
gp-325	112	7	variable	variable	NOUN
gp-325	112	8	,	,	PUNCT
gp-325	112	9	the	the	DET
gp-325	112	10	minimum	minimum	ADJ
gp-325	112	11	value	value	NOUN
gp-325	112	12	is	be	AUX
gp-325	112	13	0.080000	0.080000	NUM
gp-325	112	14	,	,	PUNCT
gp-325	112	15	while	while	SCONJ
gp-325	112	16	the	the	DET
gp-325	112	17	maximum	maximum	ADJ
gp-325	112	18	value	value	NOUN
gp-325	112	19	is	be	AUX
gp-325	112	20	2.430000	2.430000	NUM
gp-325	112	21	.	.	PUNCT
gp-325	113	1	the	the	DET
gp-325	113	2	average	average	ADJ
gp-325	113	3	debt	debt	NOUN
gp-325	113	4	to	to	ADP
gp-325	113	5	asset	asset	NOUN
gp-325	113	6	ratio	ratio	NOUN
gp-325	113	7	is	be	AUX
gp-325	113	8	0.472857	0.472857	NUM
gp-325	113	9	with	with	ADP
gp-325	113	10	a	a	DET
gp-325	113	11	standard	standard	ADJ
gp-325	113	12	deviation	deviation	NOUN
gp-325	113	13	of	of	ADP
gp-325	113	14	0.311756	0.311756	NUM
gp-325	113	15	.	.	PUNCT
gp-325	114	1	meanwhile	meanwhile	ADV
gp-325	114	2	,	,	PUNCT
gp-325	114	3	return	return	VERB
gp-325	114	4	on	on	ADP
gp-325	114	5	assets	asset	NOUN
gp-325	114	6	has	have	VERB
gp-325	114	7	a	a	DET
gp-325	114	8	minimum	minimum	ADJ
gp-325	114	9	value	value	NOUN
gp-325	114	10	of	of	ADP
gp-325	114	11	-13.36000	-13.36000	PUNCT
gp-325	114	12	and	and	CCONJ
gp-325	114	13	a	a	DET
gp-325	114	14	maximum	maximum	ADJ
gp-325	114	15	value	value	NOUN
gp-325	114	16	of	of	ADP
gp-325	114	17	45.43000	45.43000	NUM
gp-325	114	18	.	.	PUNCT
gp-325	115	1	the	the	DET
gp-325	115	2	average	average	NOUN
gp-325	115	3	is	be	AUX
gp-325	115	4	7.893314	7.893314	NUM
gp-325	115	5	with	with	ADP
gp-325	115	6	a	a	DET
gp-325	115	7	standard	standard	ADJ
gp-325	115	8	deviation	deviation	NOUN
gp-325	115	9	of	of	ADP
gp-325	115	10	8.311490	8.311490	NUM
gp-325	115	11	.	.	PUNCT
gp-325	116	1	from	from	ADP
gp-325	116	2	the	the	DET
gp-325	116	3	results	result	NOUN
gp-325	116	4	of	of	ADP
gp-325	116	5	the	the	DET
gp-325	116	6	analysis	analysis	NOUN
gp-325	116	7	,	,	PUNCT
gp-325	116	8	it	it	PRON
gp-325	116	9	can	can	AUX
gp-325	116	10	be	be	AUX
gp-325	116	11	seen	see	VERB
gp-325	116	12	that	that	SCONJ
gp-325	116	13	almost	almost	ADV
gp-325	116	14	all	all	DET
gp-325	116	15	variables	variable	NOUN
gp-325	116	16	have	have	VERB
gp-325	116	17	a	a	DET
gp-325	116	18	higher	high	ADJ
gp-325	116	19	average	average	NOUN
gp-325	116	20	than	than	ADP
gp-325	116	21	their	their	PRON
gp-325	116	22	standard	standard	ADJ
gp-325	116	23	deviation	deviation	NOUN
gp-325	116	24	,	,	PUNCT
gp-325	116	25	indicating	indicate	VERB
gp-325	116	26	that	that	SCONJ
gp-325	116	27	the	the	DET
gp-325	116	28	data	datum	NOUN
gp-325	116	29	used	use	VERB
gp-325	116	30	tends	tend	VERB
gp-325	116	31	to	to	PART
gp-325	116	32	be	be	AUX
gp-325	116	33	homogeneous	homogeneous	ADJ
gp-325	116	34	and	and	CCONJ
gp-325	116	35	does	do	AUX
gp-325	116	36	not	not	PART
gp-325	116	37	show	show	VERB
gp-325	116	38	significant	significant	ADJ
gp-325	116	39	variation	variation	NOUN
gp-325	116	40	.	.	PUNCT
gp-325	117	1	determining	determine	VERB
gp-325	117	2	the	the	DET
gp-325	117	3	panel	panel	NOUN
gp-325	117	4	data	data	PROPN
gp-325	117	5	estimation	estimation	PROPN
gp-325	117	6	model	model	NOUN
gp-325	117	7	panel	panel	NOUN
gp-325	117	8	data	datum	NOUN
gp-325	117	9	regression	regression	NOUN
gp-325	117	10	consists	consist	VERB
gp-325	117	11	of	of	ADP
gp-325	117	12	three	three	NUM
gp-325	117	13	methods	method	NOUN
gp-325	117	14	,	,	PUNCT
gp-325	117	15	namely	namely	ADV
gp-325	117	16	common	common	ADJ
gp-325	117	17	effect	effect	NOUN
gp-325	117	18	,	,	PUNCT
gp-325	117	19	fixed	fixed	ADJ
gp-325	117	20	effect	effect	NOUN
gp-325	117	21	,	,	PUNCT
gp-325	117	22	and	and	CCONJ
gp-325	117	23	random	random	ADJ
gp-325	117	24	effect	effect	NOUN
gp-325	117	25	.	.	PUNCT
gp-325	118	1	from	from	ADP
gp-325	118	2	the	the	DET
gp-325	118	3	three	three	NUM
gp-325	118	4	models	model	NOUN
gp-325	118	5	that	that	PRON
gp-325	118	6	have	have	AUX
gp-325	118	7	been	be	AUX
gp-325	118	8	estimated	estimate	VERB
gp-325	118	9	,	,	PUNCT
gp-325	118	10	the	the	DET
gp-325	118	11	most	most	ADV
gp-325	118	12	appropriate	appropriate	ADJ
gp-325	118	13	model	model	NOUN
gp-325	118	14	will	will	AUX
gp-325	118	15	be	be	AUX
gp-325	118	16	selected	select	VERB
gp-325	118	17	based	base	VERB
gp-325	118	18	on	on	ADP
gp-325	118	19	the	the	DET
gp-325	118	20	characteristics	characteristic	NOUN
gp-325	118	21	of	of	ADP
gp-325	118	22	the	the	DET
gp-325	118	23	data	datum	NOUN
gp-325	118	24	to	to	PART
gp-325	118	25	answer	answer	VERB
gp-325	118	26	the	the	DET
gp-325	118	27	research	research	NOUN
gp-325	118	28	objectives	objective	NOUN
gp-325	118	29	.	.	PUNCT
gp-325	119	1	the	the	DET
gp-325	119	2	selection	selection	NOUN
gp-325	119	3	of	of	ADP
gp-325	119	4	the	the	DET
gp-325	119	5	model	model	NOUN
gp-325	119	6	is	be	AUX
gp-325	119	7	done	do	VERB
gp-325	119	8	by	by	ADP
gp-325	119	9	conducting	conduct	VERB
gp-325	119	10	the	the	DET
gp-325	119	11	chow	chow	PROPN
gp-325	119	12	test	test	NOUN
gp-325	119	13	,	,	PUNCT
gp-325	119	14	hausman	hausman	ADJ
gp-325	119	15	test	test	NOUN
gp-325	119	16	,	,	PUNCT
gp-325	119	17	and	and	CCONJ
gp-325	119	18	langrange	langrange	NOUN
gp-325	119	19	multiplier	multiplier	ADV
gp-325	119	20	(	(	PUNCT
gp-325	119	21	lm	lm	INTJ
gp-325	119	22	)	)	PUNCT
gp-325	119	23	test	test	NOUN
gp-325	119	24	.	.	PUNCT
gp-325	120	1	a.	a.	PROPN
gp-325	120	2	chow	chow	PROPN
gp-325	120	3	test	test	NOUN
gp-325	120	4	the	the	DET
gp-325	120	5	chow	chow	PROPN
gp-325	120	6	test	test	NOUN
gp-325	120	7	was	be	AUX
gp-325	120	8	conducted	conduct	VERB
gp-325	120	9	to	to	PART
gp-325	120	10	determine	determine	VERB
gp-325	120	11	which	which	DET
gp-325	120	12	model	model	NOUN
gp-325	120	13	was	be	AUX
gp-325	120	14	more	more	ADV
gp-325	120	15	appropriate	appropriate	ADJ
gp-325	120	16	to	to	PART
gp-325	120	17	use	use	VERB
gp-325	120	18	between	between	ADP
gp-325	120	19	common	common	ADJ
gp-325	120	20	effect	effect	NOUN
gp-325	120	21	and	and	CCONJ
gp-325	120	22	fixed	fix	VERB
gp-325	120	23	effect	effect	NOUN
gp-325	120	24	.	.	PUNCT
gp-325	121	1	the	the	DET
gp-325	121	2	results	result	NOUN
gp-325	121	3	of	of	ADP
gp-325	121	4	the	the	DET
gp-325	121	5	chow	chow	PROPN
gp-325	121	6	test	test	NOUN
gp-325	121	7	are	be	AUX
gp-325	121	8	as	as	SCONJ
gp-325	121	9	follows	follow	VERB
gp-325	121	10	:	:	PUNCT
gp-325	121	11	table	table	NOUN
gp-325	121	12	3	3	NUM
gp-325	121	13	.	.	X
gp-325	121	14	chow	chow	PROPN
gp-325	121	15	test	test	NOUN
gp-325	121	16	results	result	NOUN
gp-325	121	17	effects	effect	NOUN
gp-325	121	18	test	test	NOUN
gp-325	121	19	statistic	statistic	PROPN
gp-325	121	20	d.f	d.f	PROPN
gp-325	121	21	.	.	PROPN
gp-325	121	22	prob	prob	PROPN
gp-325	121	23	.	.	PUNCT
gp-325	122	1	cross	cross	NOUN
gp-325	122	2	-	-	NOUN
gp-325	122	3	section	section	ADJ
gp-325	122	4	f	f	PROPN
gp-325	122	5	1.717375	1.717375	NUM
gp-325	122	6	(	(	PUNCT
gp-325	122	7	34.137	34.137	NUM
gp-325	122	8	)	)	PUNCT
gp-325	122	9	0.0159	0.0159	NUM
gp-325	122	10	cross	cross	ADJ
gp-325	122	11	-	-	ADJ
gp-325	122	12	section	section	ADJ
gp-325	122	13	chi	chi	ADJ
gp-325	122	14	-	-	PUNCT
gp-325	122	15	square	square	ADJ
gp-325	122	16	62.12871	62.12871	NUM
gp-325	122	17	34	34	NUM
gp-325	122	18	0.0023	0.0023	NUM
gp-325	122	19	source	source	NOUN
gp-325	122	20	:	:	PUNCT
gp-325	122	21	data	datum	NOUN
gp-325	122	22	processing	processing	NOUN
gp-325	122	23	results	result	NOUN
gp-325	122	24	with	with	ADP
gp-325	122	25	e	e	NOUN
gp-325	122	26	-	-	NOUN
gp-325	122	27	views	view	NOUN
gp-325	122	28	,	,	PUNCT
gp-325	122	29	2025	2025	NUM
gp-325	122	30	based	base	VERB
gp-325	122	31	on	on	ADP
gp-325	122	32	table	table	NOUN
gp-325	122	33	8.2	8.2	NUM
gp-325	122	34	above	above	ADV
gp-325	122	35	,	,	PUNCT
gp-325	122	36	it	it	PRON
gp-325	122	37	is	be	AUX
gp-325	122	38	known	know	VERB
gp-325	122	39	that	that	SCONJ
gp-325	122	40	the	the	DET
gp-325	122	41	probability	probability	NOUN
gp-325	122	42	value	value	NOUN
gp-325	122	43	for	for	ADP
gp-325	122	44	cross	cross	NOUN
gp-325	122	45	-	-	NOUN
gp-325	122	46	section	section	ADJ
gp-325	122	47	f	f	NOUN
gp-325	122	48	is	be	AUX
gp-325	122	49	0.0159	0.0159	NUM
gp-325	122	50	<	<	X
gp-325	122	51	0.05	0.05	NUM
gp-325	122	52	,	,	PUNCT
gp-325	122	53	so	so	SCONJ
gp-325	122	54	it	it	PRON
gp-325	122	55	can	can	AUX
gp-325	122	56	be	be	AUX
gp-325	122	57	concluded	conclude	VERB
gp-325	122	58	that	that	SCONJ
gp-325	122	59	the	the	DET
gp-325	122	60	use	use	NOUN
gp-325	122	61	of	of	ADP
gp-325	122	62	the	the	DET
gp-325	122	63	fixed	fix	VERB
gp-325	122	64	effect	effect	NOUN
gp-325	122	65	model	model	NOUN
gp-325	122	66	is	be	AUX
gp-325	122	67	better	well	ADJ
gp-325	122	68	than	than	ADP
gp-325	122	69	the	the	DET
gp-325	122	70	common	common	ADJ
gp-325	122	71	effect	effect	NOUN
gp-325	122	72	model	model	NOUN
gp-325	122	73	.	.	PUNCT
gp-325	123	1	b.	b.	PROPN
gp-325	123	2	hausman	hausman	PROPN
gp-325	123	3	test	test	VERB
gp-325	123	4	the	the	DET
gp-325	123	5	hausman	hausman	ADJ
gp-325	123	6	test	test	NOUN
gp-325	123	7	was	be	AUX
gp-325	123	8	conducted	conduct	VERB
gp-325	123	9	to	to	PART
gp-325	123	10	determine	determine	VERB
gp-325	123	11	which	which	DET
gp-325	123	12	model	model	NOUN
gp-325	123	13	was	be	AUX
gp-325	123	14	more	more	ADV
gp-325	123	15	appropriate	appropriate	ADJ
gp-325	123	16	to	to	PART
gp-325	123	17	use	use	VERB
gp-325	123	18	between	between	ADP
gp-325	123	19	fixed	fix	VERB
gp-325	123	20	effect	effect	NOUN
gp-325	123	21	and	and	CCONJ
gp-325	123	22	random	random	ADJ
gp-325	123	23	effect	effect	NOUN
gp-325	123	24	.	.	PUNCT
gp-325	124	1	the	the	DET
gp-325	124	2	results	result	NOUN
gp-325	124	3	of	of	ADP
gp-325	124	4	the	the	DET
gp-325	124	5	hausman	hausman	ADJ
gp-325	124	6	test	test	NOUN
gp-325	124	7	are	be	AUX
gp-325	124	8	as	as	SCONJ
gp-325	124	9	follows	follow	VERB
gp-325	124	10	:	:	PUNCT
gp-325	124	11	american	american	PROPN
gp-325	124	12	journal	journal	PROPN
gp-325	124	13	of	of	ADP
gp-325	124	14	economic	economic	ADJ
gp-325	124	15	and	and	CCONJ
gp-325	124	16	management	management	NOUN
gp-325	124	17	business	business	NOUN
gp-325	124	18	vol	vol	NOUN
gp-325	124	19	.	.	PROPN
gp-325	125	1	4	4	NUM
gp-325	125	2	no	no	NOUN
gp-325	125	3	.	.	NOUN
gp-325	125	4	8	8	NUM
gp-325	125	5	agustus	agustus	NOUN
gp-325	125	6	2025	2025	NUM
gp-325	125	7	1284	1284	NUM
gp-325	125	8	table	table	NOUN
gp-325	125	9	4	4	NUM
gp-325	125	10	.	.	PUNCT
gp-325	125	11	hausman	hausman	PROPN
gp-325	125	12	test	test	PROPN
gp-325	125	13	results	result	NOUN
gp-325	125	14	test	test	NOUN
gp-325	125	15	summary	summary	NOUN
gp-325	125	16	chi	chi	PROPN
gp-325	125	17	-	-	PUNCT
gp-325	125	18	sq	sq	PROPN
gp-325	125	19	.	.	PROPN
gp-325	125	20	statistic	statistic	ADJ
gp-325	125	21	chi	chi	PROPN
gp-325	125	22	-	-	PUNCT
gp-325	125	23	sq	sq	PROPN
gp-325	125	24	.	.	PUNCT
gp-325	125	25	d.f	d.f	PROPN
gp-325	125	26	.	.	PROPN
gp-325	125	27	prob	prob	PROPN
gp-325	125	28	.	.	PUNCT
gp-325	126	1	cross	cross	ADJ
gp-325	126	2	-	-	ADJ
gp-325	126	3	section	section	ADJ
gp-325	126	4	random	random	ADJ
gp-325	126	5	8.399902	8.399902	NUM
gp-325	126	6	3	3	NUM
gp-325	126	7	0.0384	0.0384	NUM
gp-325	126	8	source	source	NOUN
gp-325	126	9	:	:	PUNCT
gp-325	126	10	data	datum	NOUN
gp-325	126	11	processed	process	VERB
gp-325	126	12	using	use	VERB
gp-325	126	13	e	e	NOUN
gp-325	126	14	-	-	NOUN
gp-325	126	15	views	view	NOUN
gp-325	126	16	,	,	PUNCT
gp-325	126	17	2025	2025	NUM
gp-325	126	18	based	base	VERB
gp-325	126	19	on	on	ADP
gp-325	126	20	the	the	DET
gp-325	126	21	output	output	NOUN
gp-325	126	22	in	in	ADP
gp-325	126	23	table	table	NOUN
gp-325	126	24	8.3	8.3	NUM
gp-325	126	25	,	,	PUNCT
gp-325	126	26	the	the	DET
gp-325	126	27	probability	probability	NOUN
gp-325	126	28	value	value	NOUN
gp-325	126	29	for	for	ADP
gp-325	126	30	cross	cross	ADJ
gp-325	126	31	-	-	ADJ
gp-325	126	32	section	section	ADJ
gp-325	126	33	random	random	NOUN
gp-325	126	34	is	be	AUX
gp-325	126	35	0.0384	0.0384	NUM
gp-325	126	36	,	,	PUNCT
gp-325	126	37	which	which	PRON
gp-325	126	38	is	be	AUX
gp-325	126	39	smaller	small	ADJ
gp-325	126	40	than	than	ADP
gp-325	126	41	0.05	0.05	NUM
gp-325	126	42	(	(	PUNCT
gp-325	126	43	0.0384	0.0384	NUM
gp-325	126	44	<	<	X
gp-325	126	45	0.05	0.05	NUM
gp-325	126	46	)	)	PUNCT
gp-325	126	47	.	.	PUNCT
gp-325	127	1	this	this	PRON
gp-325	127	2	indicates	indicate	VERB
gp-325	127	3	that	that	SCONJ
gp-325	127	4	the	the	DET
gp-325	127	5	fixed	fix	VERB
gp-325	127	6	effect	effect	NOUN
gp-325	127	7	model	model	NOUN
gp-325	127	8	is	be	AUX
gp-325	127	9	better	well	ADJ
gp-325	127	10	than	than	ADP
gp-325	127	11	the	the	DET
gp-325	127	12	random	random	ADJ
gp-325	127	13	effect	effect	NOUN
gp-325	127	14	model	model	NOUN
gp-325	127	15	.	.	PUNCT
gp-325	128	1	based	base	VERB
gp-325	128	2	on	on	ADP
gp-325	128	3	the	the	DET
gp-325	128	4	results	result	NOUN
gp-325	128	5	of	of	ADP
gp-325	128	6	the	the	DET
gp-325	128	7	chow	chow	PROPN
gp-325	128	8	test	test	NOUN
gp-325	128	9	and	and	CCONJ
gp-325	128	10	the	the	DET
gp-325	128	11	hausman	hausman	PROPN
gp-325	128	12	test	test	NOUN
gp-325	128	13	,	,	PUNCT
gp-325	128	14	the	the	DET
gp-325	128	15	best	good	ADJ
gp-325	128	16	estimation	estimation	NOUN
gp-325	128	17	for	for	ADP
gp-325	128	18	the	the	DET
gp-325	128	19	panel	panel	NOUN
gp-325	128	20	data	datum	NOUN
gp-325	128	21	regression	regression	NOUN
gp-325	128	22	model	model	NOUN
gp-325	128	23	is	be	AUX
gp-325	128	24	the	the	DET
gp-325	128	25	fixed	fixed	ADJ
gp-325	128	26	effect	effect	NOUN
gp-325	128	27	model	model	NOUN
gp-325	128	28	,	,	PUNCT
gp-325	128	29	so	so	SCONJ
gp-325	128	30	the	the	DET
gp-325	128	31	lagrange	lagrange	NOUN
gp-325	128	32	multiplier	multipli	ADJ
gp-325	128	33	test	test	NOUN
gp-325	128	34	is	be	AUX
gp-325	128	35	not	not	PART
gp-325	128	36	required	require	VERB
gp-325	128	37	.	.	PUNCT
gp-325	129	1	panel	panel	NOUN
gp-325	129	2	data	datum	NOUN
gp-325	129	3	regression	regression	NOUN
gp-325	129	4	analysis	analysis	NOUN
gp-325	129	5	multiple	multiple	ADJ
gp-325	129	6	linear	linear	ADJ
gp-325	129	7	regression	regression	NOUN
gp-325	129	8	analysis	analysis	NOUN
gp-325	129	9	is	be	AUX
gp-325	129	10	used	use	VERB
gp-325	129	11	to	to	PART
gp-325	129	12	determine	determine	VERB
gp-325	129	13	the	the	DET
gp-325	129	14	direction	direction	NOUN
gp-325	129	15	of	of	ADP
gp-325	129	16	the	the	DET
gp-325	129	17	relationship	relationship	NOUN
gp-325	129	18	between	between	ADP
gp-325	129	19	independent	independent	ADJ
gp-325	129	20	variables	variable	NOUN
gp-325	129	21	and	and	CCONJ
gp-325	129	22	dependent	dependent	ADJ
gp-325	129	23	variables	variable	NOUN
gp-325	129	24	.	.	PUNCT
gp-325	130	1	the	the	DET
gp-325	130	2	regression	regression	NOUN
gp-325	130	3	model	model	NOUN
gp-325	130	4	used	use	VERB
gp-325	130	5	is	be	AUX
gp-325	130	6	the	the	DET
gp-325	130	7	fixed	fixed	ADJ
gp-325	130	8	effect	effect	NOUN
gp-325	130	9	model	model	NOUN
gp-325	130	10	(	(	PUNCT
gp-325	130	11	fem	fem	PROPN
gp-325	130	12	)	)	PUNCT
gp-325	130	13	.	.	PUNCT
gp-325	131	1	table	table	NOUN
gp-325	131	2	5	5	NUM
gp-325	131	3	.	.	PUNCT
gp-325	131	4	panel	panel	NOUN
gp-325	131	5	data	data	PROPN
gp-325	131	6	regression	regression	NOUN
gp-325	131	7	results	result	VERB
gp-325	131	8	variable	variable	ADJ
gp-325	131	9	coefficient	coefficient	NOUN
gp-325	131	10	std	std	NOUN
gp-325	131	11	.	.	NOUN
gp-325	131	12	error	error	NOUN
gp-325	131	13	t	t	NOUN
gp-325	131	14	-	-	PUNCT
gp-325	131	15	statistic	statistic	NOUN
gp-325	131	16	prob	prob	NOUN
gp-325	131	17	c	c	PROPN
gp-325	131	18	3.081326	3.081326	NUM
gp-325	131	19	7.696300	7.696300	NUM
gp-325	131	20	0.400365	0.400365	NUM
gp-325	131	21	0.6895	0.6895	NUM
gp-325	131	22	cr	cr	ADP
gp-325	131	23	-0.025617	-0.025617	PROPN
gp-325	131	24	2.090891	2.090891	NUM
gp-325	131	25	-0.012252	-0.012252	NOUN
gp-325	132	1	0.9902	0.9902	NUM
gp-325	132	2	dar	dar	NOUN
gp-325	132	3	-1.091136	-1.091136	NOUN
gp-325	132	4	10.42928	10.42928	NUM
gp-325	132	5	-0.104622	-0.104622	PUNCT
gp-325	132	6	0.9168	0.9168	NUM
gp-325	132	7	roa	roa	PROPN
gp-325	132	8	0.371274	0.371274	NUM
gp-325	132	9	0.312966	0.312966	NUM
gp-325	132	10	1.186308	1.186308	NUM
gp-325	132	11	0.2376	0.2376	NUM
gp-325	132	12	source	source	NOUN
gp-325	132	13	:	:	PUNCT
gp-325	132	14	data	datum	NOUN
gp-325	132	15	processed	process	VERB
gp-325	132	16	using	use	VERB
gp-325	132	17	e	e	NOUN
gp-325	132	18	-	-	NOUN
gp-325	132	19	views	view	NOUN
gp-325	132	20	,	,	PUNCT
gp-325	132	21	2025	2025	NUM
gp-325	132	22	based	base	VERB
gp-325	132	23	on	on	ADP
gp-325	132	24	the	the	DET
gp-325	132	25	above	above	ADJ
gp-325	132	26	data	datum	NOUN
gp-325	132	27	,	,	PUNCT
gp-325	132	28	a	a	DET
gp-325	132	29	regression	regression	NOUN
gp-325	132	30	equation	equation	NOUN
gp-325	132	31	can	can	AUX
gp-325	132	32	be	be	AUX
gp-325	132	33	formulated	formulate	VERB
gp-325	132	34	to	to	PART
gp-325	132	35	determine	determine	VERB
gp-325	132	36	the	the	DET
gp-325	132	37	effect	effect	NOUN
gp-325	132	38	of	of	ADP
gp-325	132	39	current	current	ADJ
gp-325	132	40	ratio	ratio	NOUN
gp-325	132	41	(	(	PUNCT
gp-325	132	42	x1	x1	PROPN
gp-325	132	43	)	)	PUNCT
gp-325	132	44	,	,	PUNCT
gp-325	132	45	debt	debt	NOUN
gp-325	132	46	to	to	ADP
gp-325	132	47	asset	asset	NOUN
gp-325	132	48	ratio	ratio	NOUN
gp-325	132	49	(	(	PUNCT
gp-325	132	50	x2	x2	PROPN
gp-325	132	51	)	)	PUNCT
gp-325	132	52	,	,	PUNCT
gp-325	132	53	and	and	CCONJ
gp-325	132	54	return	return	VERB
gp-325	132	55	on	on	ADP
gp-325	132	56	asset	asset	NOUN
gp-325	132	57	(	(	PUNCT
gp-325	132	58	x3	x3	ADJ
gp-325	132	59	)	)	PUNCT
gp-325	132	60	on	on	ADP
gp-325	132	61	price	price	NOUN
gp-325	132	62	to	to	ADP
gp-325	132	63	book	book	NOUN
gp-325	132	64	value	value	NOUN
gp-325	132	65	(	(	PUNCT
gp-325	132	66	pbv	pbv	VERB
gp-325	132	67	)	)	PUNCT
gp-325	132	68	as	as	SCONJ
gp-325	132	69	follows	follow	VERB
gp-325	132	70	:	:	PUNCT
gp-325	132	71	y	y	PROPN
gp-325	132	72	=	=	PROPN
gp-325	132	73	β0	β0	PROPN
gp-325	133	1	+	+	CCONJ
gp-325	133	2	β1x1	β1x1	PUNCT
gp-325	134	1	+	+	NUM
gp-325	134	2	β2x2	β2x2	PUNCT
gp-325	134	3	+	+	CCONJ
gp-325	134	4	β3x3	β3x3	PUNCT
gp-325	134	5	y	y	NOUN
gp-325	134	6	=	=	SYM
gp-325	134	7	3.081326	3.081326	NUM
gp-325	134	8	–	–	PUNCT
gp-325	134	9	0.025617	0.025617	NUM
gp-325	134	10	–	–	PUNCT
gp-325	134	11	1.091136	1.091136	NUM
gp-325	134	12	+	+	CCONJ
gp-325	134	13	0.371274	0.371274	NUM
gp-325	134	14	based	base	VERB
gp-325	134	15	on	on	ADP
gp-325	134	16	the	the	DET
gp-325	134	17	panel	panel	NOUN
gp-325	134	18	data	datum	NOUN
gp-325	134	19	regression	regression	NOUN
gp-325	134	20	equation	equation	NOUN
gp-325	134	21	above	above	ADV
gp-325	134	22	,	,	PUNCT
gp-325	134	23	the	the	DET
gp-325	134	24	following	follow	VERB
gp-325	134	25	conclusions	conclusion	NOUN
gp-325	134	26	can	can	AUX
gp-325	134	27	be	be	AUX
gp-325	134	28	drawn	draw	VERB
gp-325	134	29	:	:	PUNCT
gp-325	134	30	a.	a.	NOUN
gp-325	134	31	the	the	DET
gp-325	134	32	current	current	ADJ
gp-325	134	33	ratio	ratio	NOUN
gp-325	134	34	(	(	PUNCT
gp-325	134	35	x1	x1	ADJ
gp-325	134	36	)	)	PUNCT
gp-325	134	37	variable	variable	NOUN
gp-325	134	38	has	have	VERB
gp-325	134	39	a	a	DET
gp-325	134	40	coefficient	coefficient	NOUN
gp-325	134	41	of	of	ADP
gp-325	134	42	-0.025617	-0.025617	PROPN
gp-325	134	43	.	.	PUNCT
gp-325	135	1	a	a	DET
gp-325	135	2	negative	negative	ADJ
gp-325	135	3	regression	regression	NOUN
gp-325	135	4	coefficient	coefficient	NOUN
gp-325	135	5	indicates	indicate	VERB
gp-325	135	6	that	that	SCONJ
gp-325	135	7	for	for	ADP
gp-325	135	8	every	every	DET
gp-325	135	9	1	1	NUM
gp-325	135	10	-	-	PUNCT
gp-325	135	11	unit	unit	NOUN
gp-325	135	12	increase	increase	NOUN
gp-325	135	13	in	in	ADP
gp-325	135	14	the	the	DET
gp-325	135	15	current	current	ADJ
gp-325	135	16	ratio	ratio	NOUN
gp-325	135	17	(	(	PUNCT
gp-325	135	18	x1	x1	ADJ
gp-325	135	19	)	)	PUNCT
gp-325	135	20	variable	variable	NOUN
gp-325	135	21	,	,	PUNCT
gp-325	135	22	the	the	DET
gp-325	135	23	dependent	dependent	ADJ
gp-325	135	24	variable	variable	NOUN
gp-325	135	25	,	,	PUNCT
gp-325	135	26	price	price	NOUN
gp-325	135	27	to	to	ADP
gp-325	135	28	book	book	NOUN
gp-325	135	29	value	value	NOUN
gp-325	135	30	(	(	PUNCT
gp-325	135	31	y	y	NOUN
gp-325	135	32	)	)	PUNCT
gp-325	135	33	,	,	PUNCT
gp-325	135	34	will	will	AUX
gp-325	135	35	decrease	decrease	VERB
gp-325	135	36	by	by	ADP
gp-325	135	37	-0.025617	-0.025617	PROPN
gp-325	135	38	.	.	PUNCT
gp-325	136	1	b.	b.	PROPN
gp-325	137	1	the	the	DET
gp-325	137	2	debt	debt	NOUN
gp-325	137	3	to	to	ADP
gp-325	137	4	asset	asset	NOUN
gp-325	137	5	ratio	ratio	NOUN
gp-325	137	6	(	(	PUNCT
gp-325	137	7	x2	x2	NOUN
gp-325	137	8	)	)	PUNCT
gp-325	137	9	variable	variable	NOUN
gp-325	137	10	has	have	VERB
gp-325	137	11	a	a	DET
gp-325	137	12	coefficient	coefficient	NOUN
gp-325	137	13	of	of	ADP
gp-325	137	14	-1.091136	-1.091136	NOUN
gp-325	137	15	.	.	PUNCT
gp-325	138	1	the	the	DET
gp-325	138	2	negative	negative	ADJ
gp-325	138	3	regression	regression	NOUN
gp-325	138	4	coefficient	coefficient	NOUN
gp-325	138	5	value	value	NOUN
gp-325	138	6	indicates	indicate	VERB
gp-325	138	7	that	that	SCONJ
gp-325	138	8	for	for	ADP
gp-325	138	9	every	every	DET
gp-325	138	10	1	1	NUM
gp-325	138	11	-	-	PUNCT
gp-325	138	12	unit	unit	NOUN
gp-325	138	13	increase	increase	NOUN
gp-325	138	14	in	in	ADP
gp-325	138	15	the	the	DET
gp-325	138	16	debt	debt	NOUN
gp-325	138	17	to	to	ADP
gp-325	138	18	asset	asset	NOUN
gp-325	138	19	ratio	ratio	NOUN
gp-325	138	20	(	(	PUNCT
gp-325	138	21	x2	x2	ADJ
gp-325	138	22	)	)	PUNCT
gp-325	138	23	variable	variable	NOUN
gp-325	138	24	,	,	PUNCT
gp-325	138	25	the	the	DET
gp-325	138	26	dependent	dependent	ADJ
gp-325	138	27	variable	variable	NOUN
gp-325	138	28	,	,	PUNCT
gp-325	138	29	price	price	NOUN
gp-325	138	30	to	to	ADP
gp-325	138	31	book	book	NOUN
gp-325	138	32	value	value	NOUN
gp-325	138	33	(	(	PUNCT
gp-325	138	34	y	y	NOUN
gp-325	138	35	)	)	PUNCT
gp-325	138	36	,	,	PUNCT
gp-325	138	37	will	will	AUX
gp-325	138	38	decrease	decrease	VERB
gp-325	138	39	by	by	ADP
gp-325	138	40	-1.091136	-1.091136	NOUN
gp-325	138	41	.	.	PUNCT
gp-325	139	1	c.	c.	NOUN
gp-325	140	1	the	the	DET
gp-325	140	2	return	return	NOUN
gp-325	140	3	on	on	ADP
gp-325	140	4	asset	asset	NOUN
gp-325	140	5	(	(	PUNCT
gp-325	140	6	x3	x3	ADJ
gp-325	140	7	)	)	PUNCT
gp-325	140	8	variable	variable	NOUN
gp-325	140	9	has	have	VERB
gp-325	140	10	a	a	DET
gp-325	140	11	coefficient	coefficient	NOUN
gp-325	140	12	of	of	ADP
gp-325	140	13	0.371274	0.371274	NUM
gp-325	140	14	.	.	PUNCT
gp-325	141	1	the	the	DET
gp-325	141	2	positive	positive	ADJ
gp-325	141	3	regression	regression	NOUN
gp-325	141	4	coefficient	coefficient	NOUN
gp-325	141	5	value	value	NOUN
gp-325	141	6	indicates	indicate	VERB
gp-325	141	7	that	that	SCONJ
gp-325	141	8	for	for	SCONJ
gp-325	141	9	every	every	DET
gp-325	141	10	1	1	NUM
gp-325	141	11	increase	increase	NOUN
gp-325	141	12	in	in	ADP
gp-325	141	13	the	the	DET
gp-325	141	14	return	return	NOUN
gp-325	141	15	on	on	ADP
gp-325	141	16	asset	asset	NOUN
gp-325	141	17	(	(	PUNCT
gp-325	141	18	x3	x3	ADJ
gp-325	141	19	)	)	PUNCT
gp-325	141	20	variable	variable	NOUN
gp-325	141	21	,	,	PUNCT
gp-325	141	22	the	the	DET
gp-325	141	23	dependent	dependent	ADJ
gp-325	141	24	variable	variable	ADJ
gp-325	141	25	price	price	NOUN
gp-325	141	26	to	to	ADP
gp-325	141	27	book	book	NOUN
gp-325	141	28	value	value	NOUN
gp-325	141	29	(	(	PUNCT
gp-325	141	30	y	y	NOUN
gp-325	141	31	)	)	PUNCT
gp-325	141	32	will	will	AUX
gp-325	141	33	increase	increase	VERB
gp-325	141	34	by	by	ADP
gp-325	141	35	0.371274	0.371274	NUM
gp-325	141	36	.	.	PUNCT
gp-325	142	1	hypothesis	hypothesis	NOUN
gp-325	142	2	test	test	NOUN
gp-325	142	3	results	result	VERB
gp-325	142	4	a.	a.	NOUN
gp-325	142	5	partial	partial	ADJ
gp-325	142	6	test	test	NOUN
gp-325	142	7	(	(	PUNCT
gp-325	142	8	t	t	NOUN
gp-325	142	9	-	-	PUNCT
gp-325	142	10	test	test	NOUN
gp-325	142	11	)	)	PUNCT
gp-325	142	12	table	table	NOUN
gp-325	142	13	6	6	NUM
gp-325	142	14	.	.	PUNCT
gp-325	142	15	partial	partial	ADJ
gp-325	142	16	test	test	NOUN
gp-325	142	17	results	result	NOUN
gp-325	142	18	(	(	PUNCT
gp-325	142	19	t	t	NOUN
gp-325	142	20	-	-	PUNCT
gp-325	142	21	test	test	NOUN
gp-325	142	22	)	)	PUNCT
gp-325	142	23	variable	variable	ADJ
gp-325	142	24	coefficient	coefficient	NOUN
gp-325	142	25	std	std	PROPN
gp-325	142	26	.	.	NOUN
gp-325	142	27	error	error	NOUN
gp-325	142	28	t	t	NOUN
gp-325	142	29	-	-	PUNCT
gp-325	142	30	statistic	statistic	NOUN
gp-325	142	31	prob	prob	NOUN
gp-325	142	32	c	c	PROPN
gp-325	142	33	3.081326	3.081326	NUM
gp-325	142	34	7.696300	7.696300	NUM
gp-325	142	35	0.400365	0.400365	NUM
gp-325	142	36	0.6895	0.6895	NUM
gp-325	142	37	american	american	ADJ
gp-325	142	38	journal	journal	PROPN
gp-325	142	39	of	of	ADP
gp-325	142	40	economic	economic	ADJ
gp-325	142	41	and	and	CCONJ
gp-325	142	42	management	management	NOUN
gp-325	142	43	business	business	NOUN
gp-325	142	44	vol	vol	NOUN
gp-325	142	45	.	.	PROPN
gp-325	143	1	4	4	NUM
gp-325	143	2	no	no	NOUN
gp-325	143	3	.	.	NOUN
gp-325	143	4	8	8	NUM
gp-325	143	5	agustus	agustus	NOUN
gp-325	143	6	2025	2025	NUM
gp-325	143	7	1285	1285	NUM
gp-325	143	8	variable	variable	ADJ
gp-325	143	9	coefficient	coefficient	NOUN
gp-325	143	10	std	std	NOUN
gp-325	143	11	.	.	NOUN
gp-325	143	12	error	error	NOUN
gp-325	143	13	t	t	NOUN
gp-325	143	14	-	-	PUNCT
gp-325	143	15	statistic	statistic	NOUN
gp-325	143	16	prob	prob	NOUN
gp-325	143	17	cr	cr	PROPN
gp-325	143	18	-0.025617	-0.025617	PROPN
gp-325	143	19	2.090891	2.090891	NUM
gp-325	143	20	-0.012252	-0.012252	NOUN
gp-325	143	21	0.9902	0.9902	NUM
gp-325	143	22	dar	dar	NOUN
gp-325	143	23	-1.091136	-1.091136	NOUN
gp-325	143	24	10.42928	10.42928	NUM
gp-325	143	25	-0.104622	-0.104622	PUNCT
gp-325	143	26	0.9168	0.9168	NUM
gp-325	143	27	roa	roa	PROPN
gp-325	143	28	0.371274	0.371274	NUM
gp-325	143	29	0.312966	0.312966	NUM
gp-325	143	30	1.186308	1.186308	NUM
gp-325	143	31	0.2376	0.2376	NUM
gp-325	143	32	source	source	NOUN
gp-325	143	33	:	:	PUNCT
gp-325	143	34	data	datum	NOUN
gp-325	143	35	processing	processing	NOUN
gp-325	143	36	results	result	NOUN
gp-325	143	37	with	with	ADP
gp-325	143	38	e	e	NOUN
gp-325	143	39	-	-	NOUN
gp-325	143	40	views	view	NOUN
gp-325	143	41	,	,	PUNCT
gp-325	143	42	2025	2025	NUM
gp-325	143	43	table	table	NOUN
gp-325	143	44	6	6	NUM
gp-325	143	45	.	.	PUNCT
gp-325	143	46	shows	show	VERB
gp-325	143	47	the	the	DET
gp-325	143	48	partial	partial	ADJ
gp-325	143	49	test	test	NOUN
gp-325	143	50	(	(	PUNCT
gp-325	143	51	t	t	NOUN
gp-325	143	52	-	-	PUNCT
gp-325	143	53	test	test	NOUN
gp-325	143	54	)	)	PUNCT
gp-325	143	55	results	result	NOUN
gp-325	143	56	as	as	SCONJ
gp-325	143	57	follows	follow	VERB
gp-325	143	58	:	:	PUNCT
gp-325	143	59	1	1	X
gp-325	143	60	.	.	X
gp-325	143	61	hypothesis	hypothesis	NOUN
gp-325	143	62	1	1	NUM
gp-325	143	63	h1	h1	NOUN
gp-325	143	64	:	:	PUNCT
gp-325	143	65	current	current	ADJ
gp-325	143	66	ratio	ratio	NOUN
gp-325	143	67	has	have	VERB
gp-325	143	68	a	a	DET
gp-325	143	69	positive	positive	ADJ
gp-325	143	70	effect	effect	NOUN
gp-325	143	71	on	on	ADP
gp-325	143	72	price	price	NOUN
gp-325	143	73	to	to	ADP
gp-325	143	74	book	book	NOUN
gp-325	143	75	value	value	NOUN
gp-325	143	76	the	the	DET
gp-325	143	77	p	p	NOUN
gp-325	143	78	-	-	PUNCT
gp-325	143	79	value	value	NOUN
gp-325	143	80	for	for	ADP
gp-325	143	81	the	the	DET
gp-325	143	82	current	current	ADJ
gp-325	143	83	ratio	ratio	NOUN
gp-325	143	84	is	be	AUX
gp-325	143	85	0.9902	0.9902	NUM
gp-325	143	86	>	>	PUNCT
gp-325	143	87	0.05	0.05	NUM
gp-325	143	88	with	with	ADP
gp-325	143	89	a	a	DET
gp-325	143	90	coefficient	coefficient	NOUN
gp-325	143	91	value	value	NOUN
gp-325	143	92	of	of	ADP
gp-325	143	93	-0.025617	-0.025617	PROPN
gp-325	143	94	,	,	PUNCT
gp-325	143	95	which	which	PRON
gp-325	143	96	means	mean	VERB
gp-325	143	97	h0	h0	PROPN
gp-325	143	98	is	be	AUX
gp-325	143	99	accepted	accept	VERB
gp-325	143	100	and	and	CCONJ
gp-325	143	101	h1	h1	PROPN
gp-325	143	102	is	be	AUX
gp-325	143	103	rejected	reject	VERB
gp-325	143	104	.	.	PUNCT
gp-325	144	1	thus	thus	ADV
gp-325	144	2	,	,	PUNCT
gp-325	144	3	it	it	PRON
gp-325	144	4	can	can	AUX
gp-325	144	5	be	be	AUX
gp-325	144	6	concluded	conclude	VERB
gp-325	144	7	that	that	SCONJ
gp-325	144	8	the	the	DET
gp-325	144	9	current	current	ADJ
gp-325	144	10	ratio	ratio	NOUN
gp-325	144	11	does	do	AUX
gp-325	144	12	not	not	PART
gp-325	144	13	affect	affect	VERB
gp-325	144	14	the	the	DET
gp-325	144	15	price	price	NOUN
gp-325	144	16	to	to	ADP
gp-325	144	17	book	book	NOUN
gp-325	144	18	value	value	NOUN
gp-325	144	19	.	.	PUNCT
gp-325	145	1	2	2	X
gp-325	145	2	.	.	X
gp-325	145	3	hypothesis	hypothesis	NOUN
gp-325	145	4	2	2	NUM
gp-325	145	5	h2	h2	NOUN
gp-325	145	6	:	:	PUNCT
gp-325	145	7	debt	debt	NOUN
gp-325	145	8	to	to	ADP
gp-325	145	9	asset	asset	NOUN
gp-325	145	10	ratio	ratio	NOUN
gp-325	145	11	has	have	VERB
gp-325	145	12	a	a	DET
gp-325	145	13	negative	negative	ADJ
gp-325	145	14	effect	effect	NOUN
gp-325	145	15	on	on	ADP
gp-325	145	16	price	price	NOUN
gp-325	145	17	to	to	ADP
gp-325	145	18	book	book	NOUN
gp-325	145	19	value	value	NOUN
gp-325	145	20	the	the	DET
gp-325	145	21	p	p	NOUN
gp-325	145	22	-	-	PUNCT
gp-325	145	23	value	value	NOUN
gp-325	145	24	for	for	ADP
gp-325	145	25	the	the	DET
gp-325	145	26	debt	debt	NOUN
gp-325	145	27	to	to	ADP
gp-325	145	28	asset	asset	NOUN
gp-325	145	29	ratio	ratio	NOUN
gp-325	145	30	is	be	AUX
gp-325	145	31	0.9168	0.9168	NUM
gp-325	145	32	with	with	ADP
gp-325	145	33	a	a	DET
gp-325	145	34	coefficient	coefficient	NOUN
gp-325	145	35	value	value	NOUN
gp-325	145	36	of	of	ADP
gp-325	145	37	-0.104622	-0.104622	PROPN
gp-325	145	38	,	,	PUNCT
gp-325	145	39	which	which	PRON
gp-325	145	40	means	mean	VERB
gp-325	145	41	that	that	SCONJ
gp-325	145	42	h0	h0	NOUN
gp-325	145	43	is	be	AUX
gp-325	145	44	accepted	accept	VERB
gp-325	145	45	and	and	CCONJ
gp-325	145	46	h1	h1	PROPN
gp-325	145	47	is	be	AUX
gp-325	145	48	rejected	reject	VERB
gp-325	145	49	.	.	PUNCT
gp-325	146	1	thus	thus	ADV
gp-325	146	2	,	,	PUNCT
gp-325	146	3	it	it	PRON
gp-325	146	4	can	can	AUX
gp-325	146	5	be	be	AUX
gp-325	146	6	concluded	conclude	VERB
gp-325	146	7	that	that	SCONJ
gp-325	146	8	the	the	DET
gp-325	146	9	debt	debt	NOUN
gp-325	146	10	to	to	ADP
gp-325	146	11	asset	asset	NOUN
gp-325	146	12	ratio	ratio	NOUN
gp-325	146	13	does	do	AUX
gp-325	146	14	not	not	PART
gp-325	146	15	affect	affect	VERB
gp-325	146	16	price	price	NOUN
gp-325	146	17	to	to	ADP
gp-325	146	18	book	book	NOUN
gp-325	146	19	value	value	NOUN
gp-325	146	20	.	.	PUNCT
gp-325	147	1	3	3	X
gp-325	147	2	.	.	X
gp-325	147	3	hypothesis	hypothesis	NOUN
gp-325	147	4	3	3	NUM
gp-325	147	5	h3	h3	NOUN
gp-325	147	6	:	:	PUNCT
gp-325	147	7	return	return	NOUN
gp-325	147	8	on	on	ADP
gp-325	147	9	asset	asset	NOUN
gp-325	147	10	has	have	VERB
gp-325	147	11	a	a	DET
gp-325	147	12	positive	positive	ADJ
gp-325	147	13	effect	effect	NOUN
gp-325	147	14	on	on	ADP
gp-325	147	15	price	price	NOUN
gp-325	147	16	to	to	ADP
gp-325	147	17	book	book	NOUN
gp-325	147	18	value	value	NOUN
gp-325	147	19	the	the	DET
gp-325	147	20	p	p	NOUN
gp-325	147	21	-	-	PUNCT
gp-325	147	22	value	value	NOUN
gp-325	147	23	for	for	ADP
gp-325	147	24	return	return	NOUN
gp-325	147	25	on	on	ADP
gp-325	147	26	assets	asset	NOUN
gp-325	147	27	is	be	AUX
gp-325	147	28	0.2376	0.2376	NUM
gp-325	147	29	>	>	PUNCT
gp-325	147	30	0.05	0.05	NUM
gp-325	147	31	with	with	ADP
gp-325	147	32	a	a	DET
gp-325	147	33	coefficient	coefficient	NOUN
gp-325	147	34	value	value	NOUN
gp-325	147	35	of	of	ADP
gp-325	147	36	1.186308	1.186308	NUM
gp-325	147	37	,	,	PUNCT
gp-325	147	38	which	which	PRON
gp-325	147	39	means	mean	VERB
gp-325	147	40	that	that	SCONJ
gp-325	147	41	h0	h0	NOUN
gp-325	147	42	is	be	AUX
gp-325	147	43	accepted	accept	VERB
gp-325	147	44	and	and	CCONJ
gp-325	147	45	h1	h1	PROPN
gp-325	147	46	is	be	AUX
gp-325	147	47	rejected	reject	VERB
gp-325	147	48	.	.	PUNCT
gp-325	148	1	thus	thus	ADV
gp-325	148	2	,	,	PUNCT
gp-325	148	3	it	it	PRON
gp-325	148	4	can	can	AUX
gp-325	148	5	be	be	AUX
gp-325	148	6	concluded	conclude	VERB
gp-325	148	7	that	that	SCONJ
gp-325	148	8	return	return	NOUN
gp-325	148	9	on	on	ADP
gp-325	148	10	assets	asset	NOUN
gp-325	148	11	does	do	AUX
gp-325	148	12	not	not	PART
gp-325	148	13	affect	affect	VERB
gp-325	148	14	price	price	NOUN
gp-325	148	15	to	to	ADP
gp-325	148	16	book	book	NOUN
gp-325	148	17	value	value	NOUN
gp-325	148	18	.	.	PUNCT
gp-325	149	1	b.	b.	PROPN
gp-325	149	2	simultaneous	simultaneous	ADJ
gp-325	149	3	test	test	NOUN
gp-325	149	4	(	(	PUNCT
gp-325	149	5	f	f	NOUN
gp-325	149	6	test	test	NOUN
gp-325	149	7	)	)	PUNCT
gp-325	149	8	table	table	NOUN
gp-325	149	9	7	7	NUM
gp-325	149	10	.	.	PUNCT
gp-325	149	11	simultaneous	simultaneous	ADJ
gp-325	149	12	test	test	NOUN
gp-325	149	13	results	result	NOUN
gp-325	149	14	(	(	PUNCT
gp-325	149	15	f	f	NOUN
gp-325	149	16	test	test	NOUN
gp-325	149	17	)	)	PUNCT
gp-325	150	1	f	f	X
gp-325	150	2	-	-	PUNCT
gp-325	150	3	statistic	statistic	NOUN
gp-325	150	4	2.327279	2.327279	NUM
gp-325	150	5	prob(f	prob(f	NOUN
gp-325	150	6	-	-	PUNCT
gp-325	150	7	statistic	statistic	NOUN
gp-325	150	8	)	)	PUNCT
gp-325	150	9	0.000230	0.000230	NUM
gp-325	150	10	source	source	NOUN
gp-325	150	11	:	:	PUNCT
gp-325	150	12	data	datum	NOUN
gp-325	150	13	processed	process	VERB
gp-325	150	14	using	use	VERB
gp-325	150	15	e	e	NOUN
gp-325	150	16	-	-	NOUN
gp-325	150	17	views	view	NOUN
gp-325	150	18	,	,	PUNCT
gp-325	150	19	2025	2025	NUM
gp-325	150	20	table	table	NOUN
gp-325	150	21	7	7	NUM
gp-325	150	22	shows	show	VERB
gp-325	150	23	the	the	DET
gp-325	150	24	results	result	NOUN
gp-325	150	25	of	of	ADP
gp-325	150	26	the	the	DET
gp-325	150	27	simultaneous	simultaneous	ADJ
gp-325	150	28	test	test	NOUN
gp-325	150	29	(	(	PUNCT
gp-325	150	30	f	f	NOUN
gp-325	150	31	test	test	NOUN
gp-325	150	32	)	)	PUNCT
gp-325	150	33	as	as	SCONJ
gp-325	150	34	follows	follow	VERB
gp-325	150	35	:	:	PUNCT
gp-325	150	36	given	give	VERB
gp-325	150	37	that	that	SCONJ
gp-325	150	38	the	the	DET
gp-325	150	39	f	f	NOUN
gp-325	150	40	-	-	PUNCT
gp-325	150	41	statistic	statistic	ADJ
gp-325	150	42	value	value	NOUN
gp-325	150	43	is	be	AUX
gp-325	150	44	2.327279	2.327279	NUM
gp-325	150	45	with	with	ADP
gp-325	150	46	a	a	DET
gp-325	150	47	prob	prob	NOUN
gp-325	150	48	.	.	PUNCT
gp-325	151	1	(	(	PUNCT
gp-325	151	2	f	f	X
gp-325	151	3	-	-	PUNCT
gp-325	151	4	statistic	statistic	ADJ
gp-325	151	5	)	)	PUNCT
gp-325	151	6	value	value	NOUN
gp-325	151	7	of	of	ADP
gp-325	151	8	0.000230	0.000230	NUM
gp-325	151	9	<	<	X
gp-325	151	10	0.05	0.05	NUM
gp-325	151	11	,	,	PUNCT
gp-325	151	12	it	it	PRON
gp-325	151	13	can	can	AUX
gp-325	151	14	be	be	AUX
gp-325	151	15	concluded	conclude	VERB
gp-325	151	16	that	that	SCONJ
gp-325	151	17	the	the	DET
gp-325	151	18	current	current	ADJ
gp-325	151	19	ratio	ratio	NOUN
gp-325	151	20	,	,	PUNCT
gp-325	151	21	debt	debt	NOUN
gp-325	151	22	to	to	ADP
gp-325	151	23	asset	asset	NOUN
gp-325	151	24	ratio	ratio	NOUN
gp-325	151	25	,	,	PUNCT
gp-325	151	26	and	and	CCONJ
gp-325	151	27	return	return	VERB
gp-325	151	28	on	on	ADP
gp-325	151	29	asset	asset	NOUN
gp-325	151	30	variables	variable	NOUN
gp-325	151	31	have	have	VERB
gp-325	151	32	a	a	DET
gp-325	151	33	simultaneous	simultaneous	ADJ
gp-325	151	34	(	(	PUNCT
gp-325	151	35	concurrent	concurrent	ADJ
gp-325	151	36	)	)	PUNCT
gp-325	151	37	effect	effect	NOUN
gp-325	151	38	on	on	ADP
gp-325	151	39	price	price	NOUN
gp-325	151	40	to	to	ADP
gp-325	151	41	book	book	NOUN
gp-325	151	42	value	value	NOUN
gp-325	151	43	.	.	PUNCT
gp-325	152	1	results	result	NOUN
gp-325	152	2	of	of	ADP
gp-325	152	3	the	the	DET
gp-325	152	4	coefficient	coefficient	NOUN
gp-325	152	5	of	of	ADP
gp-325	152	6	determination	determination	NOUN
gp-325	152	7	test	test	NOUN
gp-325	152	8	table	table	NOUN
gp-325	152	9	8	8	NUM
gp-325	152	10	.	.	PUNCT
gp-325	153	1	coefficient	coefficient	NOUN
gp-325	153	2	of	of	ADP
gp-325	153	3	determination	determination	NOUN
gp-325	153	4	test	test	NOUN
gp-325	153	5	r	r	NOUN
gp-325	153	6	square	square	ADJ
gp-325	153	7	adjusted	adjust	VERB
gp-325	153	8	r	r	NOUN
gp-325	153	9	square	square	NOUN
gp-325	153	10	.	.	PUNCT
gp-325	154	1	0.385951	0.385951	NUM
gp-325	154	2	0.220113	0.220113	NUM
gp-325	154	3	source	source	NOUN
gp-325	154	4	:	:	PUNCT
gp-325	154	5	data	datum	NOUN
gp-325	154	6	processed	process	VERB
gp-325	154	7	using	use	VERB
gp-325	154	8	e	e	NOUN
gp-325	154	9	-	-	NOUN
gp-325	154	10	views	view	NOUN
gp-325	154	11	,	,	PUNCT
gp-325	154	12	2025	2025	NUM
gp-325	154	13	table	table	NOUN
gp-325	154	14	8	8	NUM
gp-325	154	15	shows	show	VERB
gp-325	154	16	that	that	SCONJ
gp-325	154	17	the	the	DET
gp-325	154	18	coefficient	coefficient	NOUN
gp-325	154	19	of	of	ADP
gp-325	154	20	determination	determination	NOUN
gp-325	154	21	test	test	NOUN
gp-325	154	22	results	result	NOUN
gp-325	154	23	obtained	obtain	VERB
gp-325	154	24	an	an	DET
gp-325	154	25	adjusted	adjust	VERB
gp-325	154	26	rsquared	rsquared	ADJ
gp-325	154	27	value	value	NOUN
gp-325	154	28	of	of	ADP
gp-325	154	29	0.220113	0.220113	NUM
gp-325	154	30	,	,	PUNCT
gp-325	154	31	indicating	indicate	VERB
gp-325	154	32	that	that	SCONJ
gp-325	154	33	the	the	DET
gp-325	154	34	current	current	ADJ
gp-325	154	35	ratio	ratio	NOUN
gp-325	154	36	,	,	PUNCT
gp-325	154	37	debt	debt	NOUN
gp-325	154	38	to	to	ADP
gp-325	154	39	asset	asset	NOUN
gp-325	154	40	ratio	ratio	NOUN
gp-325	154	41	,	,	PUNCT
gp-325	154	42	and	and	CCONJ
gp-325	154	43	return	return	VERB
gp-325	154	44	on	on	ADP
gp-325	154	45	asset	asset	NOUN
gp-325	154	46	variables	variable	NOUN
gp-325	154	47	have	have	VERB
gp-325	154	48	a	a	DET
gp-325	154	49	22.0113	22.0113	NUM
gp-325	154	50	%	%	NOUN
gp-325	154	51	effect	effect	NOUN
gp-325	154	52	on	on	ADP
gp-325	154	53	price	price	NOUN
gp-325	154	54	to	to	ADP
gp-325	154	55	book	book	NOUN
gp-325	154	56	value	value	NOUN
gp-325	154	57	,	,	PUNCT
gp-325	154	58	while	while	SCONJ
gp-325	154	59	the	the	DET
gp-325	154	60	remaining	remain	VERB
gp-325	154	61	77.9887	77.9887	NUM
gp-325	154	62	%	%	NOUN
gp-325	154	63	is	be	AUX
gp-325	154	64	influenced	influence	VERB
gp-325	154	65	by	by	ADP
gp-325	154	66	other	other	ADJ
gp-325	154	67	variables	variable	NOUN
gp-325	154	68	outside	outside	ADP
gp-325	154	69	the	the	DET
gp-325	154	70	scope	scope	NOUN
gp-325	154	71	of	of	ADP
gp-325	154	72	this	this	DET
gp-325	154	73	study	study	NOUN
gp-325	154	74	.	.	PUNCT
gp-325	155	1	the	the	DET
gp-325	155	2	effect	effect	NOUN
gp-325	155	3	of	of	ADP
gp-325	155	4	current	current	ADJ
gp-325	155	5	ratio	ratio	NOUN
gp-325	155	6	on	on	ADP
gp-325	155	7	price	price	NOUN
gp-325	155	8	to	to	ADP
gp-325	155	9	book	book	NOUN
gp-325	155	10	value	value	NOUN
gp-325	155	11	the	the	DET
gp-325	155	12	results	result	NOUN
gp-325	155	13	obtained	obtain	VERB
gp-325	155	14	from	from	ADP
gp-325	155	15	the	the	DET
gp-325	155	16	tests	test	NOUN
gp-325	155	17	conducted	conduct	VERB
gp-325	155	18	found	find	VERB
gp-325	155	19	that	that	SCONJ
gp-325	155	20	the	the	DET
gp-325	155	21	current	current	ADJ
gp-325	155	22	ratio	ratio	NOUN
gp-325	155	23	does	do	AUX
gp-325	155	24	not	not	PART
gp-325	155	25	have	have	VERB
gp-325	155	26	a	a	DET
gp-325	155	27	significant	significant	ADJ
gp-325	155	28	effect	effect	NOUN
gp-325	155	29	on	on	ADP
gp-325	155	30	the	the	DET
gp-325	155	31	price	price	NOUN
gp-325	155	32	-	-	PUNCT
gp-325	155	33	to	to	ADP
gp-325	155	34	-	-	PUNCT
gp-325	155	35	book	book	NOUN
gp-325	155	36	value	value	NOUN
gp-325	155	37	.	.	PUNCT
gp-325	156	1	this	this	PRON
gp-325	156	2	indicates	indicate	VERB
gp-325	156	3	that	that	SCONJ
gp-325	156	4	investors	investor	NOUN
gp-325	156	5	do	do	AUX
gp-325	156	6	not	not	PART
gp-325	156	7	consider	consider	VERB
gp-325	156	8	the	the	DET
gp-325	156	9	american	american	ADJ
gp-325	156	10	journal	journal	PROPN
gp-325	156	11	of	of	ADP
gp-325	156	12	economic	economic	ADJ
gp-325	156	13	and	and	CCONJ
gp-325	156	14	management	management	NOUN
gp-325	156	15	business	business	NOUN
gp-325	156	16	vol	vol	NOUN
gp-325	156	17	.	.	PROPN
gp-325	157	1	4	4	NUM
gp-325	157	2	no	no	NOUN
gp-325	157	3	.	.	NOUN
gp-325	157	4	8	8	NUM
gp-325	157	5	agustus	agustus	NOUN
gp-325	157	6	2025	2025	NUM
gp-325	157	7	1286	1286	NUM
gp-325	157	8	current	current	ADJ
gp-325	157	9	ratio	ratio	NOUN
gp-325	157	10	of	of	ADP
gp-325	157	11	a	a	DET
gp-325	157	12	company	company	NOUN
gp-325	157	13	when	when	SCONJ
gp-325	157	14	making	make	VERB
gp-325	157	15	investment	investment	NOUN
gp-325	157	16	decisions	decision	NOUN
gp-325	157	17	;	;	PUNCT
gp-325	157	18	they	they	PRON
gp-325	157	19	only	only	ADV
gp-325	157	20	consider	consider	VERB
gp-325	157	21	the	the	DET
gp-325	157	22	company	company	NOUN
gp-325	157	23	's	's	PART
gp-325	157	24	ability	ability	NOUN
gp-325	157	25	to	to	PART
gp-325	157	26	meet	meet	VERB
gp-325	157	27	its	its	PRON
gp-325	157	28	current	current	ADJ
gp-325	157	29	liabilities	liability	NOUN
gp-325	157	30	.	.	PUNCT
gp-325	158	1	the	the	DET
gp-325	158	2	size	size	NOUN
gp-325	158	3	of	of	ADP
gp-325	158	4	this	this	DET
gp-325	158	5	ratio	ratio	NOUN
gp-325	158	6	is	be	AUX
gp-325	158	7	dominated	dominate	VERB
gp-325	158	8	by	by	ADP
gp-325	158	9	the	the	DET
gp-325	158	10	amount	amount	NOUN
gp-325	158	11	of	of	ADP
gp-325	158	12	inventory	inventory	NOUN
gp-325	158	13	and	and	CCONJ
gp-325	158	14	accounts	account	VERB
gp-325	158	15	receivable	receivable	ADJ
gp-325	158	16	,	,	PUNCT
gp-325	158	17	so	so	SCONJ
gp-325	158	18	investors	investor	NOUN
gp-325	158	19	are	be	AUX
gp-325	158	20	not	not	PART
gp-325	158	21	interested	interested	ADJ
gp-325	158	22	in	in	ADP
gp-325	158	23	looking	look	VERB
gp-325	158	24	at	at	ADP
gp-325	158	25	a	a	DET
gp-325	158	26	company	company	NOUN
gp-325	158	27	's	's	PART
gp-325	158	28	liquidity	liquidity	NOUN
gp-325	158	29	when	when	SCONJ
gp-325	158	30	investing	invest	VERB
gp-325	158	31	.	.	PUNCT
gp-325	159	1	the	the	DET
gp-325	159	2	results	result	NOUN
gp-325	159	3	of	of	ADP
gp-325	159	4	this	this	DET
gp-325	159	5	study	study	NOUN
gp-325	159	6	are	be	AUX
gp-325	159	7	in	in	ADP
gp-325	159	8	line	line	NOUN
gp-325	159	9	with	with	ADP
gp-325	159	10	the	the	DET
gp-325	159	11	research	research	NOUN
gp-325	159	12	conducted	conduct	VERB
gp-325	159	13	by	by	ADP
gp-325	159	14	dwi	dwi	PROPN
gp-325	159	15	astutik	astutik	PROPN
gp-325	159	16	(	(	PUNCT
gp-325	159	17	2017	2017	NUM
gp-325	159	18	)	)	PUNCT
gp-325	159	19	,	,	PUNCT
gp-325	159	20	which	which	PRON
gp-325	159	21	states	state	VERB
gp-325	159	22	that	that	SCONJ
gp-325	159	23	the	the	DET
gp-325	159	24	current	current	ADJ
gp-325	159	25	ratio	ratio	NOUN
gp-325	159	26	has	have	VERB
gp-325	159	27	a	a	DET
gp-325	159	28	negative	negative	ADJ
gp-325	159	29	effect	effect	NOUN
gp-325	159	30	on	on	ADP
gp-325	159	31	company	company	NOUN
gp-325	159	32	value	value	NOUN
gp-325	159	33	.	.	PUNCT
gp-325	160	1	the	the	DET
gp-325	160	2	effect	effect	NOUN
gp-325	160	3	of	of	ADP
gp-325	160	4	debt	debt	NOUN
gp-325	160	5	to	to	ADP
gp-325	160	6	asset	asset	NOUN
gp-325	160	7	ratio	ratio	NOUN
gp-325	160	8	on	on	ADP
gp-325	160	9	price	price	NOUN
gp-325	160	10	to	to	ADP
gp-325	160	11	book	book	NOUN
gp-325	160	12	value	value	NOUN
gp-325	160	13	the	the	DET
gp-325	160	14	results	result	NOUN
gp-325	160	15	of	of	ADP
gp-325	160	16	this	this	DET
gp-325	160	17	study	study	NOUN
gp-325	160	18	indicate	indicate	VERB
gp-325	160	19	that	that	SCONJ
gp-325	160	20	the	the	DET
gp-325	160	21	debt	debt	NOUN
gp-325	160	22	to	to	ADP
gp-325	160	23	asset	asset	NOUN
gp-325	160	24	ratio	ratio	NOUN
gp-325	160	25	has	have	VERB
gp-325	160	26	no	no	DET
gp-325	160	27	effect	effect	NOUN
gp-325	160	28	on	on	ADP
gp-325	160	29	the	the	DET
gp-325	160	30	price	price	NOUN
gp-325	160	31	to	to	ADP
gp-325	160	32	book	book	NOUN
gp-325	160	33	value	value	NOUN
gp-325	160	34	.	.	PUNCT
gp-325	161	1	this	this	PRON
gp-325	161	2	is	be	AUX
gp-325	161	3	because	because	SCONJ
gp-325	161	4	it	it	PRON
gp-325	161	5	only	only	ADV
gp-325	161	6	shows	show	VERB
gp-325	161	7	the	the	DET
gp-325	161	8	proportion	proportion	NOUN
gp-325	161	9	between	between	ADP
gp-325	161	10	liabilities	liability	NOUN
gp-325	161	11	and	and	CCONJ
gp-325	161	12	total	total	ADJ
gp-325	161	13	assets	asset	NOUN
gp-325	161	14	,	,	PUNCT
gp-325	161	15	and	and	CCONJ
gp-325	161	16	reflects	reflect	VERB
gp-325	161	17	the	the	DET
gp-325	161	18	company	company	NOUN
gp-325	161	19	's	's	PART
gp-325	161	20	ability	ability	NOUN
gp-325	161	21	to	to	PART
gp-325	161	22	meet	meet	VERB
gp-325	161	23	its	its	PRON
gp-325	161	24	long	long	ADJ
gp-325	161	25	-	-	PUNCT
gp-325	161	26	term	term	NOUN
gp-325	161	27	obligations	obligation	NOUN
gp-325	161	28	.	.	PUNCT
gp-325	162	1	if	if	SCONJ
gp-325	162	2	the	the	DET
gp-325	162	3	percentage	percentage	NOUN
gp-325	162	4	is	be	AUX
gp-325	162	5	smaller	small	ADJ
gp-325	162	6	,	,	PUNCT
gp-325	162	7	it	it	PRON
gp-325	162	8	is	be	AUX
gp-325	162	9	better	well	ADJ
gp-325	162	10	for	for	ADP
gp-325	162	11	the	the	DET
gp-325	162	12	company	company	NOUN
gp-325	162	13	,	,	PUNCT
gp-325	162	14	so	so	SCONJ
gp-325	162	15	investors	investor	NOUN
gp-325	162	16	do	do	AUX
gp-325	162	17	not	not	PART
gp-325	162	18	focus	focus	VERB
gp-325	162	19	too	too	ADV
gp-325	162	20	much	much	ADV
gp-325	162	21	on	on	ADP
gp-325	162	22	the	the	DET
gp-325	162	23	company	company	NOUN
gp-325	162	24	's	's	PART
gp-325	162	25	solvency	solvency	NOUN
gp-325	162	26	when	when	SCONJ
gp-325	162	27	investing	invest	VERB
gp-325	162	28	.	.	PUNCT
gp-325	163	1	the	the	DET
gp-325	163	2	results	result	NOUN
gp-325	163	3	of	of	ADP
gp-325	163	4	this	this	DET
gp-325	163	5	study	study	NOUN
gp-325	163	6	are	be	AUX
gp-325	163	7	not	not	PART
gp-325	163	8	in	in	ADP
gp-325	163	9	line	line	NOUN
gp-325	163	10	with	with	ADP
gp-325	163	11	the	the	DET
gp-325	163	12	research	research	NOUN
gp-325	163	13	conducted	conduct	VERB
gp-325	163	14	by	by	ADP
gp-325	163	15	rahmad	rahmad	NOUN
gp-325	163	16	hidayat	hidayat	PROPN
gp-325	163	17	(	(	PUNCT
gp-325	163	18	2018	2018	NUM
gp-325	163	19	)	)	PUNCT
gp-325	163	20	,	,	PUNCT
gp-325	163	21	which	which	PRON
gp-325	163	22	found	find	VERB
gp-325	163	23	that	that	SCONJ
gp-325	163	24	the	the	DET
gp-325	163	25	debt	debt	NOUN
gp-325	163	26	to	to	ADP
gp-325	163	27	asset	asset	NOUN
gp-325	163	28	ratio	ratio	NOUN
gp-325	163	29	has	have	VERB
gp-325	163	30	a	a	DET
gp-325	163	31	positive	positive	ADJ
gp-325	163	32	and	and	CCONJ
gp-325	163	33	significant	significant	ADJ
gp-325	163	34	effect	effect	NOUN
gp-325	163	35	on	on	ADP
gp-325	163	36	company	company	NOUN
gp-325	163	37	value	value	NOUN
gp-325	163	38	.	.	PUNCT
gp-325	164	1	the	the	DET
gp-325	164	2	effect	effect	NOUN
gp-325	164	3	of	of	ADP
gp-325	164	4	return	return	NOUN
gp-325	164	5	on	on	ADP
gp-325	164	6	assets	asset	NOUN
gp-325	164	7	on	on	ADP
gp-325	164	8	price	price	NOUN
gp-325	164	9	to	to	ADP
gp-325	164	10	book	book	NOUN
gp-325	164	11	value	value	NOUN
gp-325	164	12	the	the	DET
gp-325	164	13	results	result	NOUN
gp-325	164	14	of	of	ADP
gp-325	164	15	this	this	DET
gp-325	164	16	study	study	NOUN
gp-325	164	17	indicate	indicate	VERB
gp-325	164	18	that	that	PRON
gp-325	164	19	return	return	NOUN
gp-325	164	20	on	on	ADP
gp-325	164	21	assets	asset	NOUN
gp-325	164	22	has	have	VERB
gp-325	164	23	no	no	DET
gp-325	164	24	effect	effect	NOUN
gp-325	164	25	on	on	ADP
gp-325	164	26	price	price	NOUN
gp-325	164	27	to	to	ADP
gp-325	164	28	book	book	NOUN
gp-325	164	29	value	value	NOUN
gp-325	164	30	.	.	PUNCT
gp-325	165	1	this	this	PRON
gp-325	165	2	can	can	AUX
gp-325	165	3	be	be	AUX
gp-325	165	4	explained	explain	VERB
gp-325	165	5	because	because	SCONJ
gp-325	165	6	high	high	ADJ
gp-325	165	7	roa	roa	NOUN
gp-325	165	8	does	do	AUX
gp-325	165	9	not	not	PART
gp-325	165	10	always	always	ADV
gp-325	165	11	reflect	reflect	VERB
gp-325	165	12	market	market	NOUN
gp-325	165	13	confidence	confidence	NOUN
gp-325	165	14	in	in	ADP
gp-325	165	15	the	the	DET
gp-325	165	16	company	company	NOUN
gp-325	165	17	's	's	PART
gp-325	165	18	long	long	ADJ
gp-325	165	19	-	-	PUNCT
gp-325	165	20	term	term	NOUN
gp-325	165	21	prospects	prospect	NOUN
gp-325	165	22	,	,	PUNCT
gp-325	165	23	especially	especially	ADV
gp-325	165	24	when	when	SCONJ
gp-325	165	25	not	not	PART
gp-325	165	26	accompanied	accompany	VERB
gp-325	165	27	by	by	ADP
gp-325	165	28	a	a	DET
gp-325	165	29	clear	clear	ADJ
gp-325	165	30	growth	growth	NOUN
gp-325	165	31	strategy	strategy	NOUN
gp-325	165	32	.	.	PUNCT
gp-325	166	1	the	the	DET
gp-325	166	2	results	result	NOUN
gp-325	166	3	of	of	ADP
gp-325	166	4	this	this	DET
gp-325	166	5	study	study	NOUN
gp-325	166	6	are	be	AUX
gp-325	166	7	in	in	ADP
gp-325	166	8	line	line	NOUN
gp-325	166	9	with	with	ADP
gp-325	166	10	the	the	DET
gp-325	166	11	research	research	NOUN
gp-325	166	12	by	by	ADP
gp-325	166	13	nuryani	nuryani	NOUN
gp-325	166	14	and	and	CCONJ
gp-325	166	15	sunarto	sunarto	PROPN
gp-325	166	16	(	(	PUNCT
gp-325	166	17	2015	2015	NUM
gp-325	166	18	)	)	PUNCT
gp-325	166	19	,	,	PUNCT
gp-325	166	20	which	which	PRON
gp-325	166	21	states	state	VERB
gp-325	166	22	that	that	SCONJ
gp-325	166	23	roa	roa	PROPN
gp-325	166	24	has	have	VERB
gp-325	166	25	a	a	DET
gp-325	166	26	significant	significant	ADJ
gp-325	166	27	negative	negative	ADJ
gp-325	166	28	effect	effect	NOUN
gp-325	166	29	on	on	ADP
gp-325	166	30	pbv	pbv	ADJ
gp-325	166	31	.	.	PUNCT
gp-325	167	1	the	the	DET
gp-325	167	2	simultaneous	simultaneous	ADJ
gp-325	167	3	effect	effect	NOUN
gp-325	167	4	of	of	ADP
gp-325	167	5	current	current	ADJ
gp-325	167	6	ratio	ratio	NOUN
gp-325	167	7	,	,	PUNCT
gp-325	167	8	debt	debt	NOUN
gp-325	167	9	to	to	ADP
gp-325	167	10	asset	asset	NOUN
gp-325	167	11	ratio	ratio	NOUN
gp-325	167	12	,	,	PUNCT
gp-325	167	13	and	and	CCONJ
gp-325	167	14	return	return	VERB
gp-325	167	15	on	on	ADP
gp-325	167	16	assets	asset	NOUN
gp-325	167	17	on	on	ADP
gp-325	167	18	price	price	NOUN
gp-325	167	19	to	to	ADP
gp-325	167	20	book	book	NOUN
gp-325	167	21	value	value	NOUN
gp-325	167	22	the	the	DET
gp-325	167	23	results	result	NOUN
gp-325	167	24	obtained	obtain	VERB
gp-325	167	25	from	from	ADP
gp-325	167	26	testing	testing	NOUN
gp-325	167	27	in	in	ADP
gp-325	167	28	this	this	DET
gp-325	167	29	study	study	NOUN
gp-325	167	30	indicate	indicate	VERB
gp-325	167	31	that	that	SCONJ
gp-325	167	32	current	current	ADJ
gp-325	167	33	ratio	ratio	NOUN
gp-325	167	34	,	,	PUNCT
gp-325	167	35	debt	debt	NOUN
gp-325	167	36	to	to	ADP
gp-325	167	37	asset	asset	NOUN
gp-325	167	38	ratio	ratio	NOUN
gp-325	167	39	,	,	PUNCT
gp-325	167	40	and	and	CCONJ
gp-325	167	41	return	return	VERB
gp-325	167	42	on	on	ADP
gp-325	167	43	asset	asset	NOUN
gp-325	167	44	simultaneously	simultaneously	ADV
gp-325	167	45	affect	affect	VERB
gp-325	167	46	price	price	NOUN
gp-325	167	47	to	to	ADP
gp-325	167	48	book	book	NOUN
gp-325	167	49	value	value	NOUN
gp-325	167	50	.	.	PUNCT
gp-325	168	1	this	this	PRON
gp-325	168	2	is	be	AUX
gp-325	168	3	particularly	particularly	ADV
gp-325	168	4	relevant	relevant	ADJ
gp-325	168	5	to	to	ADP
gp-325	168	6	financial	financial	ADJ
gp-325	168	7	theory	theory	NOUN
gp-325	168	8	,	,	PUNCT
gp-325	168	9	specifically	specifically	ADV
gp-325	168	10	signaling	signal	VERB
gp-325	168	11	theory	theory	NOUN
gp-325	168	12	,	,	PUNCT
gp-325	168	13	fundamental	fundamental	ADJ
gp-325	168	14	analysis	analysis	NOUN
gp-325	168	15	theory	theory	NOUN
gp-325	168	16	,	,	PUNCT
gp-325	168	17	and	and	CCONJ
gp-325	168	18	agency	agency	NOUN
gp-325	168	19	theory	theory	NOUN
gp-325	168	20	.	.	PUNCT
gp-325	169	1	these	these	DET
gp-325	169	2	three	three	NUM
gp-325	169	3	ratios	ratio	NOUN
gp-325	169	4	provide	provide	VERB
gp-325	169	5	important	important	ADJ
gp-325	169	6	information	information	NOUN
gp-325	169	7	about	about	ADP
gp-325	169	8	a	a	DET
gp-325	169	9	company	company	NOUN
gp-325	169	10	's	's	PART
gp-325	169	11	liquidity	liquidity	NOUN
gp-325	169	12	,	,	PUNCT
gp-325	169	13	solvency	solvency	NOUN
gp-325	169	14	,	,	PUNCT
gp-325	169	15	and	and	CCONJ
gp-325	169	16	profitability	profitability	NOUN
gp-325	169	17	,	,	PUNCT
gp-325	169	18	which	which	PRON
gp-325	169	19	theoretically	theoretically	ADV
gp-325	169	20	influence	influence	VERB
gp-325	169	21	the	the	DET
gp-325	169	22	market	market	NOUN
gp-325	169	23	's	's	PART
gp-325	169	24	perception	perception	NOUN
gp-325	169	25	of	of	ADP
gp-325	169	26	the	the	DET
gp-325	169	27	company	company	NOUN
gp-325	169	28	's	's	PART
gp-325	169	29	value	value	NOUN
gp-325	169	30	and	and	CCONJ
gp-325	169	31	are	be	AUX
gp-325	169	32	reflected	reflect	VERB
gp-325	169	33	in	in	ADP
gp-325	169	34	pbv	pbv	PROPN
gp-325	169	35	(	(	PUNCT
gp-325	169	36	brigham	brigham	PROPN
gp-325	169	37	and	and	CCONJ
gp-325	169	38	houston	houston	PROPN
gp-325	169	39	,	,	PUNCT
gp-325	169	40	2010	2010	NUM
gp-325	169	41	;	;	PUNCT
gp-325	169	42	spence	spence	NOUN
gp-325	169	43	,	,	PUNCT
gp-325	169	44	1973	1973	NUM
gp-325	169	45	)	)	PUNCT
gp-325	169	46	.	.	PUNCT
gp-325	170	1	the	the	DET
gp-325	170	2	results	result	NOUN
gp-325	170	3	of	of	ADP
gp-325	170	4	this	this	DET
gp-325	170	5	study	study	NOUN
gp-325	170	6	are	be	AUX
gp-325	170	7	in	in	ADP
gp-325	170	8	line	line	NOUN
gp-325	170	9	with	with	ADP
gp-325	170	10	previous	previous	ADJ
gp-325	170	11	research	research	NOUN
gp-325	170	12	conducted	conduct	VERB
gp-325	170	13	by	by	ADP
gp-325	170	14	(	(	PUNCT
gp-325	170	15	pradnyana	pradnyana	PROPN
gp-325	170	16	and	and	CCONJ
gp-325	170	17	wiksuana	wiksuana	PROPN
gp-325	170	18	,	,	PUNCT
gp-325	170	19	2016	2016	NUM
gp-325	170	20	)	)	PUNCT
gp-325	170	21	.	.	PUNCT
gp-325	171	1	conclusion	conclusion	NOUN
gp-325	171	2	based	base	VERB
gp-325	171	3	on	on	ADP
gp-325	171	4	the	the	DET
gp-325	171	5	results	result	NOUN
gp-325	171	6	of	of	ADP
gp-325	171	7	the	the	DET
gp-325	171	8	analysis	analysis	NOUN
gp-325	171	9	and	and	CCONJ
gp-325	171	10	discussion	discussion	NOUN
gp-325	171	11	,	,	PUNCT
gp-325	171	12	it	it	PRON
gp-325	171	13	can	can	AUX
gp-325	171	14	be	be	AUX
gp-325	171	15	concluded	conclude	VERB
gp-325	171	16	that	that	SCONJ
gp-325	171	17	,	,	PUNCT
gp-325	171	18	partially	partially	ADV
gp-325	171	19	,	,	PUNCT
gp-325	171	20	the	the	DET
gp-325	171	21	current	current	ADJ
gp-325	171	22	ratio	ratio	NOUN
gp-325	171	23	(	(	PUNCT
gp-325	171	24	cr	cr	NOUN
gp-325	171	25	)	)	PUNCT
gp-325	171	26	,	,	PUNCT
gp-325	171	27	debt	debt	NOUN
gp-325	171	28	to	to	ADP
gp-325	171	29	asset	asset	NOUN
gp-325	171	30	ratio	ratio	NOUN
gp-325	171	31	(	(	PUNCT
gp-325	171	32	dar	dar	NOUN
gp-325	171	33	)	)	PUNCT
gp-325	171	34	,	,	PUNCT
gp-325	171	35	and	and	CCONJ
gp-325	171	36	return	return	VERB
gp-325	171	37	on	on	ADP
gp-325	171	38	assets	asset	NOUN
gp-325	171	39	(	(	PUNCT
gp-325	171	40	roa	roa	NOUN
gp-325	171	41	)	)	PUNCT
gp-325	171	42	do	do	AUX
gp-325	171	43	not	not	PART
gp-325	171	44	have	have	VERB
gp-325	171	45	a	a	DET
gp-325	171	46	significant	significant	ADJ
gp-325	171	47	effect	effect	NOUN
gp-325	171	48	on	on	ADP
gp-325	171	49	the	the	DET
gp-325	171	50	price	price	NOUN
gp-325	171	51	to	to	ADP
gp-325	171	52	book	book	NOUN
gp-325	171	53	value	value	NOUN
gp-325	171	54	(	(	PUNCT
gp-325	171	55	pbv	pbv	NOUN
gp-325	171	56	)	)	PUNCT
gp-325	171	57	of	of	ADP
gp-325	171	58	non	non	ADJ
gp-325	171	59	-	-	ADJ
gp-325	171	60	bank	bank	ADJ
gp-325	171	61	companies	company	NOUN
gp-325	171	62	included	include	VERB
gp-325	171	63	in	in	ADP
gp-325	171	64	the	the	DET
gp-325	171	65	lq45	lq45	PROPN
gp-325	171	66	index	index	NOUN
gp-325	171	67	on	on	ADP
gp-325	171	68	the	the	DET
gp-325	171	69	indonesia	indonesia	PROPN
gp-325	171	70	stock	stock	PROPN
gp-325	171	71	exchange	exchange	PROPN
gp-325	171	72	(	(	PUNCT
gp-325	171	73	bursa	bursa	NOUN
gp-325	171	74	efek	efek	NOUN
gp-325	171	75	indonesia	indonesia	PROPN
gp-325	171	76	–	–	PUNCT
gp-325	171	77	bei	bei	PROPN
gp-325	171	78	)	)	PUNCT
gp-325	171	79	for	for	ADP
gp-325	171	80	the	the	DET
gp-325	171	81	period	period	NOUN
gp-325	171	82	2019–2023	2019–2023	NUM
gp-325	171	83	;	;	PUNCT
gp-325	171	84	however	however	ADV
gp-325	171	85	,	,	PUNCT
gp-325	171	86	when	when	SCONJ
gp-325	171	87	considered	consider	VERB
gp-325	171	88	simultaneously	simultaneously	ADV
gp-325	171	89	,	,	PUNCT
gp-325	171	90	these	these	DET
gp-325	171	91	three	three	NUM
gp-325	171	92	variables	variable	NOUN
gp-325	171	93	have	have	VERB
gp-325	171	94	a	a	DET
gp-325	171	95	significant	significant	ADJ
gp-325	171	96	influence	influence	NOUN
gp-325	171	97	on	on	ADP
gp-325	171	98	pbv	pbv	ADJ
gp-325	171	99	.	.	PUNCT
gp-325	172	1	this	this	PRON
gp-325	172	2	indicates	indicate	VERB
gp-325	172	3	that	that	SCONJ
gp-325	172	4	while	while	SCONJ
gp-325	172	5	liquidity	liquidity	NOUN
gp-325	172	6	,	,	PUNCT
gp-325	172	7	solvency	solvency	NOUN
gp-325	172	8	,	,	PUNCT
gp-325	172	9	and	and	CCONJ
gp-325	172	10	profitability	profitability	NOUN
gp-325	172	11	ratios	ratio	NOUN
gp-325	172	12	may	may	AUX
gp-325	172	13	not	not	PART
gp-325	172	14	individually	individually	ADV
gp-325	172	15	show	show	VERB
gp-325	172	16	a	a	DET
gp-325	172	17	strong	strong	ADJ
gp-325	172	18	effect	effect	NOUN
gp-325	172	19	on	on	ADP
gp-325	172	20	company	company	NOUN
gp-325	172	21	value	value	NOUN
gp-325	172	22	,	,	PUNCT
gp-325	172	23	their	their	PRON
gp-325	172	24	combined	combine	VERB
gp-325	172	25	influence	influence	NOUN
gp-325	172	26	is	be	AUX
gp-325	172	27	relevant	relevant	ADJ
gp-325	172	28	in	in	ADP
gp-325	172	29	determining	determine	VERB
gp-325	172	30	pbv	pbv	ADJ
gp-325	172	31	.	.	PUNCT
gp-325	173	1	therefore	therefore	ADV
gp-325	173	2	,	,	PUNCT
gp-325	173	3	companies	company	NOUN
gp-325	173	4	are	be	AUX
gp-325	173	5	advised	advise	VERB
gp-325	173	6	to	to	PART
gp-325	173	7	manage	manage	VERB
gp-325	173	8	cr	cr	PROPN
gp-325	173	9	,	,	PUNCT
gp-325	173	10	dar	dar	PROPN
gp-325	173	11	,	,	PUNCT
gp-325	173	12	and	and	CCONJ
gp-325	173	13	roa	roa	VERB
gp-325	173	14	optimally	optimally	ADV
gp-325	173	15	in	in	ADP
gp-325	173	16	order	order	NOUN
gp-325	173	17	to	to	PART
gp-325	173	18	enhance	enhance	VERB
gp-325	173	19	company	company	NOUN
gp-325	173	20	value	value	NOUN
gp-325	173	21	and	and	CCONJ
gp-325	173	22	attract	attract	VERB
gp-325	173	23	investor	investor	NOUN
gp-325	173	24	interest	interest	NOUN
gp-325	173	25	,	,	PUNCT
gp-325	173	26	researchers	researcher	NOUN
gp-325	173	27	may	may	AUX
gp-325	173	28	use	use	VERB
gp-325	173	29	these	these	DET
gp-325	173	30	findings	finding	NOUN
gp-325	173	31	as	as	ADP
gp-325	173	32	a	a	DET
gp-325	173	33	reference	reference	NOUN
gp-325	173	34	for	for	ADP
gp-325	173	35	further	further	ADJ
gp-325	173	36	studies	study	NOUN
gp-325	173	37	on	on	ADP
gp-325	173	38	the	the	DET
gp-325	173	39	impact	impact	NOUN
gp-325	173	40	of	of	ADP
gp-325	173	41	financial	financial	ADJ
gp-325	173	42	ratios	ratio	NOUN
gp-325	173	43	on	on	ADP
gp-325	173	44	firm	firm	ADJ
gp-325	173	45	value	value	NOUN
gp-325	173	46	in	in	ADP
gp-325	173	47	the	the	DET
gp-325	173	48	indonesian	indonesian	ADJ
gp-325	173	49	capital	capital	NOUN
gp-325	173	50	market	market	NOUN
gp-325	173	51	,	,	PUNCT
gp-325	173	52	and	and	CCONJ
gp-325	173	53	students	student	NOUN
gp-325	173	54	can	can	AUX
gp-325	173	55	benefit	benefit	VERB
gp-325	173	56	from	from	ADP
gp-325	173	57	this	this	DET
gp-325	173	58	study	study	NOUN
gp-325	173	59	as	as	ADP
gp-325	173	60	a	a	DET
gp-325	173	61	source	source	NOUN
gp-325	173	62	of	of	ADP
gp-325	173	63	learning	learning	NOUN
gp-325	173	64	and	and	CCONJ
gp-325	173	65	inspiration	inspiration	NOUN
gp-325	173	66	for	for	ADP
gp-325	173	67	developing	develop	VERB
gp-325	173	68	future	future	ADJ
gp-325	173	69	research	research	NOUN
gp-325	173	70	in	in	ADP
gp-325	173	71	financial	financial	ADJ
gp-325	173	72	analysis	analysis	NOUN
gp-325	173	73	and	and	CCONJ
gp-325	173	74	investment	investment	NOUN
gp-325	173	75	.	.	PUNCT
gp-325	174	1	american	american	ADJ
gp-325	174	2	journal	journal	PROPN
gp-325	174	3	of	of	ADP
gp-325	174	4	economic	economic	ADJ
gp-325	174	5	and	and	CCONJ
gp-325	174	6	management	management	NOUN
gp-325	174	7	business	business	NOUN
gp-325	174	8	vol	vol	NOUN
gp-325	174	9	.	.	PROPN
gp-325	175	1	4	4	NUM
gp-325	175	2	no	no	NOUN
gp-325	175	3	.	.	NOUN
gp-325	175	4	8	8	NUM
gp-325	175	5	agustus	agustus	NOUN
gp-325	175	6	2025	2025	NUM
gp-325	175	7	1287	1287	NUM
gp-325	175	8	references	reference	NOUN
gp-325	175	9	ahmad	ahmad	PROPN
gp-325	175	10	,	,	PUNCT
gp-325	175	11	m.	m.	NOUN
gp-325	175	12	(	(	PUNCT
gp-325	175	13	2024	2024	NUM
gp-325	175	14	)	)	PUNCT
gp-325	175	15	.	.	PUNCT
gp-325	176	1	the	the	DET
gp-325	176	2	role	role	NOUN
gp-325	176	3	of	of	ADP
gp-325	176	4	cognitive	cognitive	ADJ
gp-325	176	5	heuristic	heuristic	NOUN
gp-325	176	6	-	-	PUNCT
gp-325	176	7	driven	drive	VERB
gp-325	176	8	biases	bias	NOUN
gp-325	176	9	in	in	ADP
gp-325	176	10	investment	investment	NOUN
gp-325	176	11	management	management	NOUN
gp-325	176	12	activities	activity	NOUN
gp-325	176	13	and	and	CCONJ
gp-325	176	14	market	market	NOUN
gp-325	176	15	efficiency	efficiency	NOUN
gp-325	176	16	:	:	PUNCT
gp-325	176	17	a	a	DET
gp-325	176	18	research	research	NOUN
gp-325	176	19	synthesis	synthesis	NOUN
gp-325	176	20	.	.	PUNCT
gp-325	177	1	international	international	ADJ
gp-325	177	2	journal	journal	NOUN
gp-325	177	3	of	of	ADP
gp-325	177	4	emerging	emerge	VERB
gp-325	177	5	markets	market	NOUN
gp-325	177	6	,	,	PUNCT
gp-325	177	7	19(2	19(2	NUM
gp-325	177	8	)	)	PUNCT
gp-325	177	9	.	.	PUNCT
gp-325	178	1	https://doi.org/10.1108/ijoem-07-2020-0749	https://doi.org/10.1108/ijoem-07-2020-0749	PROPN
gp-325	178	2	brigham	brigham	PROPN
gp-325	178	3	,	,	PUNCT
gp-325	178	4	e.	e.	PROPN
gp-325	178	5	f.	f.	PROPN
gp-325	178	6	,	,	PUNCT
gp-325	178	7	&	&	CCONJ
gp-325	178	8	houston	houston	PROPN
gp-325	178	9	,	,	PUNCT
gp-325	178	10	j.	j.	PROPN
gp-325	178	11	f.	f.	PROPN
gp-325	178	12	(	(	PUNCT
gp-325	178	13	2010	2010	NUM
gp-325	178	14	)	)	PUNCT
gp-325	178	15	.	.	PUNCT
gp-325	179	1	dasar	dasar	VERB
gp-325	179	2	-	-	PUNCT
gp-325	179	3	dasar	dasar	VERB
gp-325	179	4	manajemen	manajeman	NOUN
gp-325	179	5	keuangan	keuangan	VERB
gp-325	179	6	.	.	PUNCT
gp-325	180	1	salemba	salemba	PROPN
gp-325	180	2	empat	empat	PROPN
gp-325	180	3	.	.	PUNCT
gp-325	181	1	cohen	cohen	PROPN
gp-325	181	2	,	,	PUNCT
gp-325	181	3	j.	j.	PROPN
gp-325	181	4	j.	j.	PROPN
gp-325	181	5	,	,	PUNCT
gp-325	181	6	azarova	azarova	PROPN
gp-325	181	7	,	,	PUNCT
gp-325	181	8	v.	v.	ADV
gp-325	181	9	,	,	PUNCT
gp-325	181	10	kollmann	kollmann	PROPN
gp-325	181	11	,	,	PUNCT
gp-325	181	12	a.	a.	PROPN
gp-325	181	13	,	,	PUNCT
gp-325	181	14	&	&	CCONJ
gp-325	181	15	reichl	reichl	PROPN
gp-325	181	16	,	,	PUNCT
gp-325	181	17	j.	j.	PROPN
gp-325	181	18	(	(	PUNCT
gp-325	181	19	2021	2021	NUM
gp-325	181	20	)	)	PUNCT
gp-325	181	21	.	.	PUNCT
gp-325	182	1	preferences	preference	NOUN
gp-325	182	2	for	for	ADP
gp-325	182	3	community	community	NOUN
gp-325	182	4	renewable	renewable	ADJ
gp-325	182	5	energy	energy	NOUN
gp-325	182	6	investments	investment	NOUN
gp-325	182	7	in	in	ADP
gp-325	182	8	europe	europe	PROPN
gp-325	182	9	.	.	PUNCT
gp-325	183	1	energy	energy	NOUN
gp-325	183	2	economics	economic	NOUN
gp-325	183	3	,	,	PUNCT
gp-325	183	4	100	100	NUM
gp-325	183	5	,	,	PUNCT
gp-325	183	6	105386	105386	NUM
gp-325	183	7	.	.	PUNCT
gp-325	184	1	https://doi.org/10.1016/j.eneco.2021.105386	https://doi.org/10.1016/j.eneco.2021.105386	PROPN
gp-325	184	2	dang	dang	PROPN
gp-325	184	3	,	,	PUNCT
gp-325	184	4	g.	g.	PROPN
gp-325	184	5	,	,	PUNCT
gp-325	184	6	&	&	CCONJ
gp-325	184	7	pheng	pheng	PROPN
gp-325	184	8	,	,	PUNCT
gp-325	184	9	l.	l.	PROPN
gp-325	184	10	s.	s.	PROPN
gp-325	184	11	(	(	PUNCT
gp-325	184	12	2015	2015	NUM
gp-325	184	13	)	)	PUNCT
gp-325	184	14	.	.	PUNCT
gp-325	185	1	infrastructure	infrastructure	NOUN
gp-325	185	2	investments	investment	NOUN
gp-325	185	3	in	in	ADP
gp-325	185	4	developing	develop	VERB
gp-325	185	5	economies	economy	NOUN
gp-325	185	6	.	.	PUNCT
gp-325	186	1	springer	springer	NOUN
gp-325	186	2	science	science	PROPN
gp-325	186	3	business	business	PROPN
gp-325	186	4	media	media	PROPN
gp-325	186	5	singapore	singapore	PROPN
gp-325	186	6	.	.	PUNCT
gp-325	187	1	https://doi.org/10.1007/978-981-287-248-7	https://doi.org/10.1007/978-981-287-248-7	PROPN
gp-325	187	2	dillon	dillon	PROPN
gp-325	187	3	,	,	PUNCT
gp-325	187	4	s.	s.	PROPN
gp-325	187	5	(	(	PUNCT
gp-325	187	6	2015	2015	NUM
gp-325	187	7	)	)	PUNCT
gp-325	187	8	.	.	PUNCT
gp-325	188	1	child	child	NOUN
gp-325	188	2	labour	labour	NOUN
gp-325	188	3	and	and	CCONJ
gp-325	188	4	the	the	DET
gp-325	188	5	global	global	ADJ
gp-325	188	6	economy	economy	NOUN
gp-325	188	7	:	:	PUNCT
gp-325	188	8	abolition	abolition	NOUN
gp-325	188	9	or	or	CCONJ
gp-325	188	10	acceptance	acceptance	NOUN
gp-325	188	11	?	?	PUNCT
gp-325	189	1	nordic	nordic	ADJ
gp-325	189	2	journal	journal	PROPN
gp-325	189	3	of	of	ADP
gp-325	189	4	international	international	ADJ
gp-325	189	5	law	law	NOUN
gp-325	189	6	,	,	PUNCT
gp-325	189	7	84(2	84(2	NUM
gp-325	189	8	)	)	PUNCT
gp-325	189	9	.	.	PUNCT
gp-325	190	1	https://doi.org/10.1163/15718107-08402007	https://doi.org/10.1163/15718107-08402007	PROPN
gp-325	190	2	febriana	febriana	PROPN
gp-325	190	3	,	,	PUNCT
gp-325	190	4	h.	h.	PROPN
gp-325	190	5	,	,	PUNCT
gp-325	190	6	&	&	CCONJ
gp-325	190	7	budhiarjo	budhiarjo	PROPN
gp-325	190	8	,	,	PUNCT
gp-325	190	9	i.	i.	PROPN
gp-325	190	10	s.	s.	PROPN
gp-325	190	11	(	(	PUNCT
gp-325	190	12	2021	2021	NUM
gp-325	190	13	)	)	PUNCT
gp-325	190	14	.	.	PUNCT
gp-325	191	1	pengaruh	pengaruh	VERB
gp-325	191	2	current	current	ADJ
gp-325	191	3	ratio	ratio	NOUN
gp-325	191	4	(	(	PUNCT
gp-325	191	5	cr	cr	NOUN
gp-325	191	6	)	)	PUNCT
gp-325	191	7	dan	dan	PROPN
gp-325	191	8	debt	debt	NOUN
gp-325	191	9	to	to	ADP
gp-325	191	10	asset	asset	NOUN
gp-325	191	11	ratio	ratio	NOUN
gp-325	191	12	(	(	PUNCT
gp-325	191	13	dar	dar	NOUN
gp-325	191	14	)	)	PUNCT
gp-325	191	15	terhadap	terhadap	PROPN
gp-325	191	16	return	return	NOUN
gp-325	191	17	on	on	ADP
gp-325	191	18	equity	equity	NOUN
gp-325	191	19	ratio	ratio	NOUN
gp-325	191	20	(	(	PUNCT
gp-325	191	21	roe	roe	NOUN
gp-325	191	22	)	)	PUNCT
gp-325	191	23	pada	pada	PROPN
gp-325	191	24	pt	pt	PROPN
gp-325	191	25	sampoerna	sampoerna	PROPN
gp-325	191	26	agro	agro	PROPN
gp-325	191	27	tbk	tbk	PROPN
gp-325	191	28	periode	periode	PROPN
gp-325	191	29	20102020	20102020	NUM
gp-325	191	30	.	.	PUNCT
gp-325	192	1	jurnal	jurnal	PROPN
gp-325	192	2	madani	madani	PROPN
gp-325	192	3	:	:	PUNCT
gp-325	192	4	ilmu	ilmu	PROPN
gp-325	192	5	pengetahuan	pengetahuan	PROPN
gp-325	192	6	,	,	PUNCT
gp-325	192	7	teknologi	teknologi	PROPN
gp-325	192	8	,	,	PUNCT
gp-325	192	9	dan	dan	PROPN
gp-325	192	10	humaniora	humaniora	PROPN
gp-325	192	11	,	,	PUNCT
gp-325	192	12	4(2	4(2	NUM
gp-325	192	13	)	)	PUNCT
gp-325	192	14	,	,	PUNCT
gp-325	192	15	100–108	100–108	NUM
gp-325	192	16	.	.	PUNCT
gp-325	193	1	gitman	gitman	PROPN
gp-325	193	2	,	,	PUNCT
gp-325	193	3	l.	l.	PROPN
gp-325	193	4	j.	j.	PROPN
gp-325	193	5	(	(	PUNCT
gp-325	193	6	2012	2012	NUM
gp-325	193	7	)	)	PUNCT
gp-325	193	8	.	.	PUNCT
gp-325	194	1	principles	principle	NOUN
gp-325	194	2	of	of	ADP
gp-325	194	3	managerial	managerial	ADJ
gp-325	194	4	finance	finance	NOUN
gp-325	194	5	(	(	PUNCT
gp-325	194	6	13th	13th	NOUN
gp-325	194	7	ed	ed	NOUN
gp-325	194	8	.	.	PUNCT
gp-325	194	9	)	)	PUNCT
gp-325	194	10	.	.	PUNCT
gp-325	195	1	pearson	pearson	PROPN
gp-325	195	2	.	.	PUNCT
gp-325	196	1	gitman	gitman	PROPN
gp-325	196	2	,	,	PUNCT
gp-325	196	3	l.	l.	PROPN
gp-325	196	4	j.	j.	PROPN
gp-325	196	5	,	,	PUNCT
gp-325	196	6	&	&	CCONJ
gp-325	196	7	zutter	zutter	PROPN
gp-325	196	8	,	,	PUNCT
gp-325	196	9	c.	c.	PROPN
gp-325	196	10	j.	j.	PROPN
gp-325	196	11	(	(	PUNCT
gp-325	196	12	2012	2012	NUM
gp-325	196	13	)	)	PUNCT
gp-325	196	14	.	.	PUNCT
gp-325	197	1	principles	principle	NOUN
gp-325	197	2	of	of	ADP
gp-325	197	3	managerial	managerial	ADJ
gp-325	197	4	finance	finance	NOUN
gp-325	197	5	(	(	PUNCT
gp-325	197	6	13th	13th	NOUN
gp-325	197	7	ed	ed	NOUN
gp-325	197	8	.	.	PUNCT
gp-325	197	9	)	)	PUNCT
gp-325	197	10	.	.	PUNCT
gp-325	198	1	pearson	pearson	PROPN
gp-325	198	2	.	.	PROPN
gp-325	199	1	katariya	katariya	PROPN
gp-325	199	2	,	,	PUNCT
gp-325	199	3	d.	d.	PROPN
gp-325	199	4	,	,	PUNCT
gp-325	199	5	&	&	CCONJ
gp-325	199	6	shukla	shukla	PROPN
gp-325	199	7	,	,	PUNCT
gp-325	199	8	k.	k.	PROPN
gp-325	199	9	(	(	PUNCT
gp-325	199	10	2022	2022	NUM
gp-325	199	11	)	)	PUNCT
gp-325	199	12	.	.	PUNCT
gp-325	200	1	sustainable	sustainable	ADJ
gp-325	200	2	economic	economic	ADJ
gp-325	200	3	production	production	NOUN
gp-325	200	4	quantity	quantity	NOUN
gp-325	200	5	(	(	PUNCT
gp-325	200	6	sepq	sepq	NOUN
gp-325	200	7	)	)	PUNCT
gp-325	200	8	model	model	NOUN
gp-325	200	9	for	for	ADP
gp-325	200	10	inventory	inventory	NOUN
gp-325	200	11	having	have	VERB
gp-325	200	12	green	green	ADJ
gp-325	200	13	technology	technology	NOUN
gp-325	200	14	investments	investment	NOUN
gp-325	200	15	-	-	PUNCT
gp-325	200	16	price	price	NOUN
gp-325	200	17	sensitive	sensitive	ADJ
gp-325	200	18	demand	demand	NOUN
gp-325	200	19	with	with	ADP
gp-325	200	20	expiration	expiration	NOUN
gp-325	200	21	dates	date	NOUN
gp-325	200	22	.	.	PUNCT
gp-325	201	1	economic	economic	ADJ
gp-325	201	2	computation	computation	NOUN
gp-325	201	3	and	and	CCONJ
gp-325	201	4	economic	economic	ADJ
gp-325	201	5	cybernetics	cybernetic	NOUN
gp-325	201	6	studies	study	NOUN
gp-325	201	7	and	and	CCONJ
gp-325	201	8	research	research	NOUN
gp-325	201	9	,	,	PUNCT
gp-325	201	10	56(3	56(3	NUM
gp-325	201	11	)	)	PUNCT
gp-325	201	12	.	.	PUNCT
gp-325	202	1	https://doi.org/10.24818/18423264/56.3.22.09	https://doi.org/10.24818/18423264/56.3.22.09	PROPN
gp-325	202	2	mason	mason	PROPN
gp-325	202	3	,	,	PUNCT
gp-325	202	4	a.	a.	PROPN
gp-325	202	5	,	,	PUNCT
gp-325	202	6	&	&	CCONJ
gp-325	202	7	lee	lee	PROPN
gp-325	202	8	,	,	PUNCT
gp-325	202	9	r.	r.	PROPN
gp-325	202	10	(	(	PUNCT
gp-325	202	11	2022	2022	NUM
gp-325	202	12	)	)	PUNCT
gp-325	202	13	.	.	PUNCT
gp-325	203	1	six	six	NUM
gp-325	203	2	ways	way	NOUN
gp-325	203	3	population	population	NOUN
gp-325	203	4	change	change	NOUN
gp-325	203	5	will	will	AUX
gp-325	203	6	affect	affect	VERB
gp-325	203	7	the	the	DET
gp-325	203	8	global	global	ADJ
gp-325	203	9	economy	economy	NOUN
gp-325	203	10	.	.	PUNCT
gp-325	204	1	population	population	NOUN
gp-325	204	2	and	and	CCONJ
gp-325	204	3	development	development	PROPN
gp-325	204	4	review	review	PROPN
gp-325	204	5	,	,	PUNCT
gp-325	204	6	48(1	48(1	NOUN
gp-325	204	7	)	)	PUNCT
gp-325	204	8	.	.	PUNCT
gp-325	205	1	https://doi.org/10.1111/padr.12469	https://doi.org/10.1111/padr.12469	PROPN
gp-325	205	2	mcdaniel	mcdaniel	PROPN
gp-325	205	3	,	,	PUNCT
gp-325	205	4	s.	s.	PROPN
gp-325	205	5	(	(	PUNCT
gp-325	205	6	2018	2018	NUM
gp-325	205	7	)	)	PUNCT
gp-325	205	8	.	.	PUNCT
gp-325	206	1	global	global	ADJ
gp-325	206	2	shift	shift	NOUN
gp-325	206	3	:	:	PUNCT
gp-325	206	4	mapping	map	VERB
gp-325	206	5	the	the	DET
gp-325	206	6	changing	change	VERB
gp-325	206	7	contours	contours	NOUN
gp-325	206	8	of	of	ADP
gp-325	206	9	the	the	DET
gp-325	206	10	world	world	NOUN
gp-325	206	11	economy	economy	NOUN
gp-325	206	12	.	.	PUNCT
gp-325	207	1	canadian	canadian	ADJ
gp-325	207	2	studies	study	NOUN
gp-325	207	3	in	in	ADP
gp-325	207	4	population	population	NOUN
gp-325	207	5	,	,	PUNCT
gp-325	207	6	45(1–2	45(1–2	PROPN
gp-325	207	7	)	)	PUNCT
gp-325	207	8	.	.	PUNCT
gp-325	208	1	https://doi.org/10.25336/csp29369	https://doi.org/10.25336/csp29369	PROPN
gp-325	208	2	milton	milton	PROPN
gp-325	208	3	,	,	PUNCT
gp-325	208	4	k.	k.	PROPN
gp-325	208	5	,	,	PUNCT
gp-325	208	6	cavill	cavill	PROPN
gp-325	208	7	,	,	PUNCT
gp-325	208	8	n.	n.	NOUN
gp-325	208	9	,	,	PUNCT
gp-325	208	10	chalkley	chalkley	PROPN
gp-325	208	11	,	,	PUNCT
gp-325	208	12	a.	a.	NOUN
gp-325	208	13	,	,	PUNCT
gp-325	208	14	foster	foster	PROPN
gp-325	208	15	,	,	PUNCT
gp-325	208	16	c.	c.	PROPN
gp-325	208	17	,	,	PUNCT
gp-325	208	18	gomersall	gomersall	NOUN
gp-325	208	19	,	,	PUNCT
gp-325	208	20	s.	s.	PROPN
gp-325	208	21	,	,	PUNCT
gp-325	208	22	hagstromer	hagstromer	NOUN
gp-325	208	23	,	,	PUNCT
gp-325	208	24	m.	m.	NOUN
gp-325	208	25	,	,	PUNCT
gp-325	208	26	kelly	kelly	PROPN
gp-325	208	27	,	,	PUNCT
gp-325	208	28	p.	p.	NOUN
gp-325	208	29	,	,	PUNCT
gp-325	208	30	kolbe	kolbe	PROPN
gp-325	208	31	-	-	PUNCT
gp-325	208	32	alexander	alexander	PROPN
gp-325	208	33	,	,	PUNCT
gp-325	208	34	t.	t.	PROPN
gp-325	208	35	,	,	PUNCT
gp-325	208	36	mair	mair	PROPN
gp-325	208	37	,	,	PUNCT
gp-325	208	38	j.	j.	PROPN
gp-325	208	39	,	,	PUNCT
gp-325	208	40	mclaughlin	mclaughlin	PROPN
gp-325	208	41	,	,	PUNCT
gp-325	208	42	m.	m.	NOUN
gp-325	208	43	,	,	PUNCT
gp-325	208	44	nobles	noble	NOUN
gp-325	208	45	,	,	PUNCT
gp-325	208	46	j.	j.	PROPN
gp-325	208	47	,	,	PUNCT
gp-325	208	48	reece	reece	PROPN
gp-325	208	49	,	,	PUNCT
gp-325	208	50	l.	l.	PROPN
gp-325	208	51	,	,	PUNCT
gp-325	208	52	shilton	shilton	PROPN
gp-325	208	53	,	,	PUNCT
gp-325	208	54	t.	t.	PROPN
gp-325	208	55	,	,	PUNCT
gp-325	208	56	smith	smith	PROPN
gp-325	208	57	,	,	PUNCT
gp-325	208	58	b.	b.	PROPN
gp-325	208	59	j.	j.	PROPN
gp-325	208	60	,	,	PUNCT
gp-325	208	61	&	&	CCONJ
gp-325	208	62	schipperijn	schipperijn	PROPN
gp-325	208	63	,	,	PUNCT
gp-325	208	64	j.	j.	PROPN
gp-325	208	65	(	(	PUNCT
gp-325	208	66	2021	2021	NUM
gp-325	208	67	)	)	PUNCT
gp-325	208	68	.	.	PUNCT
gp-325	209	1	eight	eight	NUM
gp-325	209	2	investments	investment	NOUN
gp-325	209	3	that	that	PRON
gp-325	209	4	work	work	VERB
gp-325	209	5	for	for	ADP
gp-325	209	6	physical	physical	ADJ
gp-325	209	7	activity	activity	NOUN
gp-325	209	8	.	.	PUNCT
gp-325	210	1	journal	journal	PROPN
gp-325	210	2	of	of	ADP
gp-325	210	3	physical	physical	ADJ
gp-325	210	4	activity	activity	NOUN
gp-325	210	5	and	and	CCONJ
gp-325	210	6	health	health	NOUN
gp-325	210	7	,	,	PUNCT
gp-325	210	8	18(6	18(6	NOUN
gp-325	210	9	)	)	PUNCT
gp-325	210	10	.	.	PUNCT
gp-325	211	1	https://doi.org/10.1123/jpah.2021-0112	https://doi.org/10.1123/jpah.2021-0112	PROPN
gp-325	211	2	nuradi	nuradi	PROPN
gp-325	211	3	,	,	PUNCT
gp-325	211	4	t.	t.	PROPN
gp-325	211	5	e.	e.	PROPN
gp-325	211	6	,	,	PUNCT
gp-325	211	7	&	&	CCONJ
gp-325	211	8	fatimah	fatimah	PROPN
gp-325	211	9	,	,	PUNCT
gp-325	211	10	p.	p.	PROPN
gp-325	211	11	l.	l.	PROPN
gp-325	211	12	r.	r.	PROPN
gp-325	211	13	(	(	PUNCT
gp-325	211	14	2015	2015	NUM
gp-325	211	15	)	)	PUNCT
gp-325	211	16	.	.	PUNCT
gp-325	212	1	an	an	DET
gp-325	212	2	approach	approach	NOUN
gp-325	212	3	on	on	ADP
gp-325	212	4	workforce	workforce	PROPN
gp-325	212	5	number	number	NOUN
gp-325	212	6	,	,	PUNCT
gp-325	212	7	investment	investment	NOUN
gp-325	212	8	,	,	PUNCT
gp-325	212	9	and	and	CCONJ
gp-325	212	10	project	project	NOUN
gp-325	212	11	number	number	NOUN
gp-325	212	12	on	on	ADP
gp-325	212	13	investment	investment	NOUN
gp-325	212	14	realization	realization	NOUN
gp-325	212	15	as	as	ADP
gp-325	212	16	indicators	indicator	NOUN
gp-325	212	17	of	of	ADP
gp-325	212	18	development	development	NOUN
gp-325	212	19	progress	progress	NOUN
gp-325	212	20	.	.	PUNCT
gp-325	213	1	investment	investment	NOUN
gp-325	213	2	management	management	NOUN
gp-325	213	3	and	and	CCONJ
gp-325	213	4	financial	financial	ADJ
gp-325	213	5	innovations	innovation	NOUN
gp-325	213	6	,	,	PUNCT
gp-325	213	7	12(1	12(1	NUM
gp-325	213	8	)	)	PUNCT
gp-325	213	9	.	.	PUNCT
gp-325	214	1	pandyanto	pandyanto	PROPN
gp-325	214	2	,	,	PUNCT
gp-325	214	3	r.	r.	PROPN
gp-325	214	4	r.	r.	PROPN
gp-325	214	5	d.	d.	PROPN
gp-325	214	6	,	,	PUNCT
gp-325	214	7	&	&	CCONJ
gp-325	214	8	laily	laily	PROPN
gp-325	214	9	,	,	PUNCT
gp-325	214	10	n.	n.	NOUN
gp-325	214	11	(	(	PUNCT
gp-325	214	12	2021	2021	NUM
gp-325	214	13	)	)	PUNCT
gp-325	214	14	.	.	PUNCT
gp-325	215	1	pengaruh	pengaruh	NOUN
gp-325	215	2	likuiditas	likuidita	NOUN
gp-325	215	3	,	,	PUNCT
gp-325	215	4	solvabilitas	solvabilita	VERB
gp-325	215	5	dan	dan	PROPN
gp-325	215	6	aktivitas	aktivitas	PROPN
gp-325	215	7	terhadap	terhadap	PROPN
gp-325	215	8	profitabilitas	profitabilitas	PROPN
gp-325	215	9	pada	pada	PROPN
gp-325	215	10	perusahaan	perusahaan	PROPN
gp-325	215	11	food	food	PROPN
gp-325	215	12	and	and	CCONJ
gp-325	215	13	beverages	beverage	NOUN
gp-325	215	14	yang	yang	PROPN
gp-325	215	15	terdaftar	terdaftar	PROPN
gp-325	215	16	pada	pada	PROPN
gp-325	215	17	bursa	bursa	PROPN
gp-325	215	18	efek	efek	VERB
gp-325	215	19	indonesia	indonesia	PROPN
gp-325	215	20	.	.	PUNCT
gp-325	216	1	jurnal	jurnal	PROPN
gp-325	216	2	riset	riset	PROPN
gp-325	216	3	akuntansi	akuntansi	PROPN
gp-325	216	4	kontemporer	kontemporer	PROPN
gp-325	216	5	,	,	PUNCT
gp-325	216	6	13(1	13(1	NUM
gp-325	216	7	)	)	PUNCT
gp-325	216	8	,	,	PUNCT
gp-325	216	9	24–32	24–32	NUM
gp-325	216	10	.	.	PUNCT
gp-325	217	1	phillips	phillips	PROPN
gp-325	217	2	,	,	PUNCT
gp-325	217	3	n.	n.	NOUN
gp-325	217	4	,	,	PUNCT
gp-325	217	5	bhaskaran	bhaskaran	NOUN
gp-325	217	6	,	,	PUNCT
gp-325	217	7	r.	r.	PROPN
gp-325	217	8	,	,	PUNCT
gp-325	217	9	nathan	nathan	PROPN
gp-325	217	10	,	,	PUNCT
gp-325	217	11	d.	d.	PROPN
gp-325	217	12	,	,	PUNCT
gp-325	217	13	&	&	CCONJ
gp-325	217	14	upendranadh	upendranadh	NOUN
gp-325	217	15	,	,	PUNCT
gp-325	217	16	c.	c.	PROPN
gp-325	217	17	(	(	PUNCT
gp-325	217	18	2014	2014	NUM
gp-325	217	19	)	)	PUNCT
gp-325	217	20	.	.	PUNCT
gp-325	218	1	the	the	DET
gp-325	218	2	social	social	ADJ
gp-325	218	3	foundations	foundation	NOUN
gp-325	218	4	of	of	ADP
gp-325	218	5	global	global	ADJ
gp-325	218	6	production	production	NOUN
gp-325	218	7	networks	network	NOUN
gp-325	218	8	:	:	PUNCT
gp-325	218	9	towards	towards	ADP
gp-325	218	10	a	a	DET
gp-325	218	11	global	global	ADJ
gp-325	218	12	political	political	ADJ
gp-325	218	13	economy	economy	NOUN
gp-325	218	14	of	of	ADP
gp-325	218	15	child	child	NOUN
gp-325	218	16	labour	labour	NOUN
gp-325	218	17	.	.	PUNCT
gp-325	219	1	third	third	ADJ
gp-325	219	2	world	world	NOUN
gp-325	219	3	quarterly	quarterly	ADV
gp-325	219	4	,	,	PUNCT
gp-325	219	5	35(3	35(3	NUM
gp-325	219	6	)	)	PUNCT
gp-325	219	7	.	.	PUNCT
gp-325	220	1	https://doi.org/10.1080/01436597.2014.893486	https://doi.org/10.1080/01436597.2014.893486	PROPN
gp-325	220	2	polishchuk	polishchuk	PROPN
gp-325	220	3	,	,	PUNCT
gp-325	220	4	i.	i.	NOUN
gp-325	220	5	,	,	PUNCT
gp-325	220	6	dovhan	dovhan	INTJ
gp-325	220	7	,	,	PUNCT
gp-325	220	8	y.	y.	PROPN
gp-325	220	9	,	,	PUNCT
gp-325	220	10	hromova	hromova	VERB
gp-325	220	11	,	,	PUNCT
gp-325	220	12	o.	o.	INTJ
gp-325	220	13	,	,	PUNCT
gp-325	220	14	dovhan	dovhan	PROPN
gp-325	220	15	,	,	PUNCT
gp-325	220	16	l.	l.	PROPN
gp-325	220	17	,	,	PUNCT
gp-325	220	18	&	&	CCONJ
gp-325	220	19	hnydiuk	hnydiuk	PROPN
gp-325	220	20	,	,	PUNCT
gp-325	220	21	i.	i.	PROPN
gp-325	220	22	(	(	PUNCT
gp-325	220	23	2022	2022	NUM
gp-325	220	24	)	)	PUNCT
gp-325	220	25	.	.	PUNCT
gp-325	221	1	tools	tool	NOUN
gp-325	221	2	for	for	ADP
gp-325	221	3	marketing	marketing	NOUN
gp-325	221	4	management	management	NOUN
gp-325	221	5	of	of	ADP
gp-325	221	6	the	the	DET
gp-325	221	7	innovation	innovation	NOUN
gp-325	221	8	and	and	CCONJ
gp-325	221	9	investment	investment	NOUN
gp-325	221	10	activity	activity	NOUN
gp-325	221	11	.	.	PUNCT
gp-325	222	1	financial	financial	ADJ
gp-325	222	2	and	and	CCONJ
gp-325	222	3	credit	credit	NOUN
gp-325	222	4	activity	activity	NOUN
gp-325	222	5	:	:	PUNCT
gp-325	222	6	problems	problem	NOUN
gp-325	222	7	of	of	ADP
gp-325	222	8	theory	theory	NOUN
gp-325	222	9	and	and	CCONJ
gp-325	222	10	practice	practice	NOUN
gp-325	222	11	,	,	PUNCT
gp-325	222	12	2(43	2(43	NUM
gp-325	222	13	)	)	PUNCT
gp-325	222	14	.	.	PUNCT
gp-325	223	1	https://doi.org/10.55643/fcaptp.2.43.2022.3654	https://doi.org/10.55643/fcaptp.2.43.2022.3654	PROPN
gp-325	223	2	sugiyono	sugiyono	PROPN
gp-325	223	3	.	.	PUNCT
gp-325	224	1	(	(	PUNCT
gp-325	224	2	2013	2013	NUM
gp-325	224	3	)	)	PUNCT
gp-325	224	4	.	.	PUNCT
gp-325	225	1	metode	metode	PROPN
gp-325	225	2	penelitian	penelitian	PROPN
gp-325	225	3	pendidikan	pendidikan	PROPN
gp-325	225	4	:	:	PUNCT
gp-325	225	5	pendekatan	pendekatan	PROPN
gp-325	225	6	kuantitatif	kuantitatif	PROPN
gp-325	225	7	,	,	PUNCT
gp-325	225	8	kualitatif	kualitatif	PROPN
gp-325	225	9	dan	dan	PROPN
gp-325	225	10	r&d	r&d	PROPN
gp-325	225	11	.	.	PUNCT
gp-325	226	1	alfabeta	alfabeta	PROPN
gp-325	226	2	.	.	PUNCT
gp-325	227	1	https://doi.org/10.1108/ijoem-07-2020-0749	https://doi.org/10.1108/ijoem-07-2020-0749	VERB
gp-325	228	1	https://doi.org/10.1163/15718107-08402007	https://doi.org/10.1163/15718107-08402007	PROPN
gp-325	228	2	https://doi.org/10.24818/18423264/56.3.22.09	https://doi.org/10.24818/18423264/56.3.22.09	PROPN
gp-325	228	3	https://doi.org/10.1111/padr.12469	https://doi.org/10.1111/padr.12469	X
gp-325	228	4	https://doi.org/10.25336/csp29369	https://doi.org/10.25336/csp29369	PROPN
gp-325	228	5	https://doi.org/10.1123/jpah.2021-0112	https://doi.org/10.1123/jpah.2021-0112	PROPN
gp-325	228	6	https://doi.org/10.1080/01436597.2014.893486	https://doi.org/10.1080/01436597.2014.893486	PROPN
gp-325	228	7	https://doi.org/10.55643/fcaptp.2.43.2022.3654	https://doi.org/10.55643/fcaptp.2.43.2022.3654	ADJ
gp-325	228	8	american	american	ADJ
gp-325	228	9	journal	journal	PROPN
gp-325	228	10	of	of	ADP
gp-325	228	11	economic	economic	ADJ
gp-325	228	12	and	and	CCONJ
gp-325	228	13	management	management	NOUN
gp-325	228	14	business	business	NOUN
gp-325	228	15	vol	vol	NOUN
gp-325	228	16	.	.	PROPN
gp-325	228	17	4	4	NUM
gp-325	228	18	no	no	NOUN
gp-325	228	19	.	.	NOUN
gp-325	228	20	8	8	NUM
gp-325	228	21	agustus	agustus	NOUN
gp-325	228	22	2025	2025	NUM
gp-325	228	23	1288	1288	NUM
gp-325	228	24	sugiyono	sugiyono	NOUN
gp-325	228	25	.	.	PUNCT
gp-325	229	1	(	(	PUNCT
gp-325	229	2	2017	2017	NUM
gp-325	229	3	)	)	PUNCT
gp-325	229	4	.	.	PUNCT
gp-325	230	1	metode	metode	PROPN
gp-325	230	2	penelitian	penelitian	PROPN
gp-325	230	3	:	:	PUNCT
gp-325	230	4	kuantitatif	kuantitatif	PROPN
gp-325	230	5	,	,	PUNCT
gp-325	230	6	kualitatif	kualitatif	PROPN
gp-325	230	7	dan	dan	PROPN
gp-325	230	8	r&d	r&d	PROPN
gp-325	230	9	.	.	PUNCT
gp-325	231	1	alfabeta	alfabeta	PROPN
gp-325	231	2	.	.	PUNCT
gp-325	232	1	sugiyono	sugiyono	PROPN
gp-325	232	2	.	.	PUNCT
gp-325	233	1	(	(	PUNCT
gp-325	233	2	2019	2019	NUM
gp-325	233	3	)	)	PUNCT
gp-325	233	4	.	.	PUNCT
gp-325	234	1	metode	metode	PROPN
gp-325	234	2	penelitian	penelitian	PROPN
gp-325	234	3	kuantitatif	kuantitatif	PROPN
gp-325	234	4	,	,	PUNCT
gp-325	234	5	kualitatif	kualitatif	PROPN
gp-325	234	6	,	,	PUNCT
gp-325	234	7	dan	dan	PROPN
gp-325	234	8	r&d	r&d	PROPN
gp-325	234	9	(	(	PUNCT
gp-325	234	10	2nd	2nd	ADJ
gp-325	234	11	ed	ed	NOUN
gp-325	234	12	.	.	PUNCT
gp-325	234	13	)	)	PUNCT
gp-325	234	14	.	.	PUNCT
gp-325	235	1	alfabeta	alfabeta	PROPN
gp-325	235	2	.	.	PUNCT
gp-325	236	1	sugiyono	sugiyono	PROPN
gp-325	236	2	.	.	PUNCT
gp-325	237	1	(	(	PUNCT
gp-325	237	2	2022	2022	NUM
gp-325	237	3	)	)	PUNCT
gp-325	237	4	.	.	PUNCT
gp-325	238	1	metode	metode	PROPN
gp-325	238	2	penelitian	penelitian	PROPN
gp-325	238	3	kuantitatif	kuantitatif	PROPN
gp-325	238	4	(	(	PUNCT
gp-325	238	5	3rd	3rd	NOUN
gp-325	238	6	ed	ed	NOUN
gp-325	238	7	.	.	PUNCT
gp-325	238	8	)	)	PUNCT
gp-325	238	9	.	.	PUNCT
gp-325	239	1	alfabeta	alfabeta	PROPN
gp-325	239	2	.	.	PUNCT
gp-325	240	1	ushakov	ushakov	PROPN
gp-325	240	2	,	,	PUNCT
gp-325	240	3	d.	d.	PROPN
gp-325	240	4	s.	s.	PROPN
gp-325	240	5	,	,	PUNCT
gp-325	240	6	sigidov	sigidov	PROPN
gp-325	240	7	,	,	PUNCT
gp-325	240	8	y.	y.	PROPN
gp-325	240	9	i.	i.	PROPN
gp-325	240	10	,	,	PUNCT
gp-325	240	11	gribincea	gribincea	PROPN
gp-325	240	12	,	,	PUNCT
gp-325	240	13	a.	a.	NOUN
gp-325	240	14	,	,	PUNCT
gp-325	240	15	birca	birca	PROPN
gp-325	240	16	,	,	PUNCT
gp-325	240	17	i.	i.	PROPN
gp-325	240	18	,	,	PUNCT
gp-325	240	19	&	&	CCONJ
gp-325	240	20	mashal	mashal	PROPN
gp-325	240	21	,	,	PUNCT
gp-325	240	22	l.	l.	PROPN
gp-325	240	23	(	(	PUNCT
gp-325	240	24	2019	2019	NUM
gp-325	240	25	)	)	PUNCT
gp-325	240	26	.	.	PUNCT
gp-325	241	1	governance	governance	NOUN
gp-325	241	2	efficiency	efficiency	NOUN
gp-325	241	3	in	in	ADP
gp-325	241	4	conditions	condition	NOUN
gp-325	241	5	of	of	ADP
gp-325	241	6	the	the	DET
gp-325	241	7	world	world	NOUN
gp-325	241	8	economy	economy	NOUN
gp-325	241	9	globalization	globalization	NOUN
gp-325	241	10	and	and	CCONJ
gp-325	241	11	digitalization	digitalization	NOUN
gp-325	241	12	.	.	PUNCT
gp-325	242	1	journal	journal	NOUN
gp-325	242	2	of	of	ADP
gp-325	242	3	advanced	advanced	ADJ
gp-325	242	4	research	research	NOUN
gp-325	242	5	in	in	ADP
gp-325	242	6	law	law	NOUN
gp-325	242	7	and	and	CCONJ
gp-325	242	8	economics	economic	NOUN
gp-325	242	9	,	,	PUNCT
gp-325	242	10	10	10	NUM
gp-325	242	11	,	,	PUNCT
gp-325	242	12	2566	2566	NUM
gp-325	242	13	.	.	PUNCT
gp-325	243	1	vovchak	vovchak	NOUN
gp-325	243	2	,	,	PUNCT
gp-325	243	3	o.	o.	INTJ
gp-325	243	4	,	,	PUNCT
gp-325	243	5	dziurakh	dziurakh	PROPN
gp-325	243	6	,	,	PUNCT
gp-325	243	7	y.	y.	PROPN
gp-325	243	8	,	,	PUNCT
gp-325	243	9	kulyniak	kulyniak	PROPN
gp-325	243	10	,	,	PUNCT
gp-325	243	11	i.	i.	PROPN
gp-325	243	12	,	,	PUNCT
gp-325	243	13	halkiv	halkiv	PROPN
gp-325	243	14	,	,	PUNCT
gp-325	243	15	l.	l.	PROPN
gp-325	243	16	,	,	PUNCT
gp-325	243	17	&	&	CCONJ
gp-325	243	18	rachynska	rachynska	PROPN
gp-325	243	19	,	,	PUNCT
gp-325	243	20	h.	h.	PROPN
gp-325	243	21	(	(	PUNCT
gp-325	243	22	2022	2022	NUM
gp-325	243	23	)	)	PUNCT
gp-325	243	24	.	.	PUNCT
gp-325	244	1	economic	economic	ADJ
gp-325	244	2	mechanism	mechanism	NOUN
gp-325	244	3	of	of	ADP
gp-325	244	4	state	state	NOUN
gp-325	244	5	regulation	regulation	NOUN
gp-325	244	6	of	of	ADP
gp-325	244	7	the	the	DET
gp-325	244	8	investment	investment	NOUN
gp-325	244	9	activity	activity	NOUN
gp-325	244	10	in	in	ADP
gp-325	244	11	agriculture	agriculture	NOUN
gp-325	244	12	.	.	PUNCT
gp-325	245	1	financial	financial	ADJ
gp-325	245	2	and	and	CCONJ
gp-325	245	3	credit	credit	NOUN
gp-325	245	4	activity	activity	NOUN
gp-325	245	5	:	:	PUNCT
gp-325	245	6	problems	problem	NOUN
gp-325	245	7	of	of	ADP
gp-325	245	8	theory	theory	NOUN
gp-325	245	9	and	and	CCONJ
gp-325	245	10	practice	practice	NOUN
gp-325	245	11	,	,	PUNCT
gp-325	245	12	3(44	3(44	NUM
gp-325	245	13	)	)	PUNCT
gp-325	245	14	.	.	PUNCT
gp-325	246	1	https://doi.org/10.55643/fcaptp.3.44.2022.3774	https://doi.org/10.55643/fcaptp.3.44.2022.3774	X
gp-325	246	2	ye	ye	PROPN
gp-325	246	3	,	,	PUNCT
gp-325	246	4	j.	j.	PROPN
gp-325	246	5	,	,	PUNCT
gp-325	246	6	moslehpour	moslehpour	PROPN
gp-325	246	7	,	,	PUNCT
gp-325	246	8	m.	m.	NOUN
gp-325	246	9	,	,	PUNCT
gp-325	246	10	tu	tu	PROPN
gp-325	246	11	,	,	PUNCT
gp-325	246	12	y.	y.	PROPN
gp-325	246	13	t.	t.	PROPN
gp-325	246	14	,	,	PUNCT
gp-325	246	15	vinh	vinh	PROPN
gp-325	246	16	,	,	PUNCT
gp-325	246	17	n.	n.	PROPN
gp-325	246	18	t.	t.	PROPN
gp-325	246	19	,	,	PUNCT
gp-325	246	20	ngo	ngo	PROPN
gp-325	246	21	,	,	PUNCT
gp-325	246	22	t.	t.	PROPN
gp-325	246	23	q.	q.	PROPN
gp-325	246	24	,	,	PUNCT
gp-325	246	25	&	&	CCONJ
gp-325	246	26	nguyen	nguyen	PROPN
gp-325	246	27	,	,	PUNCT
gp-325	246	28	s.	s.	PROPN
gp-325	246	29	v.	v.	PROPN
gp-325	246	30	(	(	PUNCT
gp-325	246	31	2023	2023	NUM
gp-325	246	32	)	)	PUNCT
gp-325	246	33	.	.	PUNCT
gp-325	247	1	investment	investment	NOUN
gp-325	247	2	on	on	ADP
gp-325	247	3	environmental	environmental	ADJ
gp-325	247	4	social	social	ADJ
gp-325	247	5	and	and	CCONJ
gp-325	247	6	governance	governance	NOUN
gp-325	247	7	activities	activity	NOUN
gp-325	247	8	and	and	CCONJ
gp-325	247	9	its	its	PRON
gp-325	247	10	impact	impact	NOUN
gp-325	247	11	on	on	ADP
gp-325	247	12	achieving	achieve	VERB
gp-325	247	13	sustainable	sustainable	ADJ
gp-325	247	14	development	development	NOUN
gp-325	247	15	goals	goal	NOUN
gp-325	247	16	:	:	PUNCT
gp-325	247	17	evidence	evidence	NOUN
gp-325	247	18	from	from	ADP
gp-325	247	19	chinese	chinese	ADJ
gp-325	247	20	manufacturing	manufacturing	NOUN
gp-325	247	21	firms	firm	NOUN
gp-325	247	22	.	.	PUNCT
gp-325	248	1	economic	economic	ADJ
gp-325	248	2	researchekonomska	researchekonomska	NOUN
gp-325	248	3	istraživanja	istraživanja	NOUN
gp-325	248	4	,	,	PUNCT
gp-325	248	5	36(1	36(1	NUM
gp-325	248	6	)	)	PUNCT
gp-325	248	7	.	.	PUNCT
gp-325	249	1	https://doi.org/10.1080/1331677x.2022.2076145	https://doi.org/10.1080/1331677x.2022.2076145	PROPN
gp-325	249	2	copyright	copyright	NOUN
gp-325	249	3	holders	holder	NOUN
gp-325	249	4	:	:	PUNCT
gp-325	249	5	azmi	azmi	PROPN
gp-325	249	6	azkia	azkia	PROPN
gp-325	249	7	,	,	PUNCT
gp-325	249	8	novi	novi	PROPN
gp-325	249	9	susyani	susyani	PROPN
gp-325	249	10	(	(	PUNCT
gp-325	249	11	2025	2025	NUM
gp-325	249	12	)	)	PUNCT
gp-325	249	13	first	first	ADJ
gp-325	249	14	publication	publication	NOUN
gp-325	249	15	right	right	NOUN
gp-325	249	16	:	:	PUNCT
gp-325	249	17	ajemb	ajemb	PROPN
gp-325	249	18	–	–	PUNCT
gp-325	249	19	american	american	ADJ
gp-325	249	20	journal	journal	PROPN
gp-325	249	21	of	of	ADP
gp-325	249	22	economic	economic	ADJ
gp-325	249	23	and	and	CCONJ
gp-325	249	24	management	management	NOUN
gp-325	249	25	business	business	NOUN
gp-325	249	26	https://doi.org/10.55643/fcaptp.3.44.2022.3774	https://doi.org/10.55643/fcaptp.3.44.2022.3774	X
gp-325	249	27	https://doi.org/10.1080/1331677x.2022.2076145	https://doi.org/10.1080/1331677x.2022.2076145	PROPN