id	sid	tid	token	lemma	pos
abrj-78	1	1	39	39	NUM
abrj-78	1	2	©	©	PROPN
abrj-78	1	3	2020	2020	NUM
abrj-78	1	4	by	by	ADP
abrj-78	1	5	the	the	DET
abrj-78	1	6	authors	author	NOUN
abrj-78	1	7	;	;	PUNCT
abrj-78	1	8	licensee	licensee	NOUN
abrj-78	1	9	eastern	eastern	ADJ
abrj-78	1	10	centre	centre	NOUN
abrj-78	1	11	of	of	ADP
abrj-78	1	12	science	science	NOUN
abrj-78	1	13	and	and	CCONJ
abrj-78	1	14	education	education	NOUN
abrj-78	1	15	,	,	PUNCT
abrj-78	1	16	usa	usa	PROPN
abrj-78	1	17	asian	asian	PROPN
abrj-78	1	18	business	business	PROPN
abrj-78	1	19	research	research	PROPN
abrj-78	1	20	journal	journal	PROPN
abrj-78	1	21	vol	vol	NOUN
abrj-78	1	22	.	.	PROPN
abrj-78	1	23	5	5	NUM
abrj-78	1	24	,	,	PUNCT
abrj-78	1	25	39	39	NUM
abrj-78	1	26	-	-	SYM
abrj-78	1	27	47	47	NUM
abrj-78	1	28	,	,	PUNCT
abrj-78	1	29	2020	2020	NUM
abrj-78	1	30	issn	issn	VERB
abrj-78	1	31	:	:	PUNCT
abrj-78	1	32	2576	2576	NUM
abrj-78	1	33	-	-	SYM
abrj-78	1	34	6759	6759	NUM
abrj-78	1	35	doi	doi	NOUN
abrj-78	1	36	:	:	PUNCT
abrj-78	1	37	10.20448	10.20448	NUM
abrj-78	1	38	/	/	SYM
abrj-78	1	39	journal.518.2020.5.39.47	journal.518.2020.5.39.47	NOUN
abrj-78	1	40	©	©	PROPN
abrj-78	1	41	2020	2020	NUM
abrj-78	1	42	by	by	ADP
abrj-78	1	43	the	the	DET
abrj-78	1	44	authors	author	NOUN
abrj-78	1	45	;	;	PUNCT
abrj-78	1	46	licensee	licensee	NOUN
abrj-78	1	47	eastern	eastern	ADJ
abrj-78	1	48	centre	centre	NOUN
abrj-78	1	49	of	of	ADP
abrj-78	1	50	science	science	NOUN
abrj-78	1	51	and	and	CCONJ
abrj-78	1	52	education	education	NOUN
abrj-78	1	53	,	,	PUNCT
abrj-78	1	54	usa	usa	PROPN
abrj-78	1	55	effect	effect	NOUN
abrj-78	1	56	of	of	ADP
abrj-78	1	57	debt	debt	NOUN
abrj-78	1	58	to	to	ADP
abrj-78	1	59	equity	equity	NOUN
abrj-78	1	60	ratio	ratio	NOUN
abrj-78	1	61	and	and	CCONJ
abrj-78	1	62	return	return	VERB
abrj-78	1	63	on	on	ADP
abrj-78	1	64	assets	asset	NOUN
abrj-78	1	65	on	on	ADP
abrj-78	1	66	earnings	earning	NOUN
abrj-78	1	67	per	per	ADP
abrj-78	1	68	share	share	NOUN
abrj-78	1	69	with	with	ADP
abrj-78	1	70	firm	firm	ADJ
abrj-78	1	71	value	value	NOUN
abrj-78	1	72	as	as	ADP
abrj-78	1	73	a	a	DET
abrj-78	1	74	moderating	moderate	VERB
abrj-78	1	75	variable	variable	NOUN
abrj-78	1	76	in	in	ADP
abrj-78	1	77	various	various	ADJ
abrj-78	1	78	industrial	industrial	ADJ
abrj-78	1	79	sub	sub	ADJ
abrj-78	1	80	-	-	ADJ
abrj-78	1	81	sector	sector	ADJ
abrj-78	1	82	manufacturing	manufacturing	NOUN
abrj-78	1	83	companies	company	NOUN
abrj-78	1	84	indonesia	indonesia	PROPN
abrj-78	1	85	citra	citra	PROPN
abrj-78	1	86	larasati1	larasati1	PROPN
abrj-78	1	87	abdul	abdul	PROPN
abrj-78	1	88	rivai2	rivai2	PROPN
abrj-78	2	1	suharto3	suharto3	PROPN
abrj-78	2	2	(	(	PUNCT
abrj-78	2	3			PROPN
abrj-78	2	4	corresponding	correspond	VERB
abrj-78	2	5	author	author	NOUN
abrj-78	2	6	)	)	PUNCT
abrj-78	2	7	1,2,3universita	1,2,3universita	NUM
abrj-78	2	8	krisnadwipayana	krisnadwipayana	X
abrj-78	2	9	,	,	PUNCT
abrj-78	2	10	campus	campus	NOUN
abrj-78	2	11	unkris	unkris	PROPN
abrj-78	2	12	jatiwaringin	jatiwaringin	PROPN
abrj-78	2	13	jat	jat	PROPN
abrj-78	2	14	cm	cm	PROPN
abrj-78	2	15	jakarta	jakarta	PROPN
abrj-78	2	16	,	,	PUNCT
abrj-78	2	17	indonesia	indonesia	PROPN
abrj-78	2	18	.	.	PUNCT
abrj-78	3	1	abstract	abstract	ADJ
abrj-78	3	2	this	this	DET
abrj-78	3	3	study	study	NOUN
abrj-78	3	4	aims	aim	VERB
abrj-78	3	5	to	to	PART
abrj-78	3	6	examine	examine	VERB
abrj-78	3	7	and	and	CCONJ
abrj-78	3	8	determine	determine	VERB
abrj-78	3	9	the	the	DET
abrj-78	3	10	effect	effect	NOUN
abrj-78	3	11	of	of	ADP
abrj-78	3	12	debt	debt	NOUN
abrj-78	3	13	to	to	ADP
abrj-78	3	14	equity	equity	NOUN
abrj-78	3	15	ratio	ratio	NOUN
abrj-78	3	16	and	and	CCONJ
abrj-78	3	17	return	return	VERB
abrj-78	3	18	on	on	ADP
abrj-78	3	19	assets	asset	NOUN
abrj-78	3	20	on	on	ADP
abrj-78	3	21	earnings	earning	NOUN
abrj-78	3	22	per	per	ADP
abrj-78	3	23	share	share	NOUN
abrj-78	3	24	with	with	ADP
abrj-78	3	25	firm	firm	ADJ
abrj-78	3	26	value	value	NOUN
abrj-78	3	27	as	as	ADP
abrj-78	3	28	a	a	DET
abrj-78	3	29	moderating	moderate	VERB
abrj-78	3	30	variable	variable	NOUN
abrj-78	3	31	in	in	ADP
abrj-78	3	32	various	various	ADJ
abrj-78	3	33	industrial	industrial	ADJ
abrj-78	3	34	sub	sub	ADJ
abrj-78	3	35	-	-	ADJ
abrj-78	3	36	sector	sector	ADJ
abrj-78	3	37	manufacturing	manufacturing	NOUN
abrj-78	3	38	companies	company	NOUN
abrj-78	3	39	listed	list	VERB
abrj-78	3	40	on	on	ADP
abrj-78	3	41	the	the	DET
abrj-78	3	42	indonesia	indonesia	PROPN
abrj-78	3	43	stock	stock	PROPN
abrj-78	3	44	exchange	exchange	PROPN
abrj-78	3	45	for	for	ADP
abrj-78	3	46	the	the	DET
abrj-78	3	47	period	period	NOUN
abrj-78	3	48	2016	2016	NUM
abrj-78	3	49	-	-	SYM
abrj-78	3	50	2018	2018	NUM
abrj-78	3	51	.	.	PUNCT
abrj-78	4	1	the	the	DET
abrj-78	4	2	population	population	NOUN
abrj-78	4	3	in	in	ADP
abrj-78	4	4	this	this	DET
abrj-78	4	5	study	study	NOUN
abrj-78	4	6	was	be	AUX
abrj-78	4	7	45	45	NUM
abrj-78	4	8	companies	company	NOUN
abrj-78	4	9	in	in	ADP
abrj-78	4	10	various	various	ADJ
abrj-78	4	11	industrial	industrial	ADJ
abrj-78	4	12	sub	sub	NOUN
abrj-78	4	13	-	-	NOUN
abrj-78	4	14	sectors	sector	NOUN
abrj-78	4	15	listed	list	VERB
abrj-78	4	16	on	on	ADP
abrj-78	4	17	the	the	DET
abrj-78	4	18	indonesia	indonesia	PROPN
abrj-78	4	19	stock	stock	PROPN
abrj-78	4	20	exchange	exchange	PROPN
abrj-78	4	21	(	(	PUNCT
abrj-78	4	22	bei	bei	PROPN
abrj-78	4	23	)	)	PUNCT
abrj-78	4	24	during	during	ADP
abrj-78	4	25	the	the	DET
abrj-78	4	26	2016	2016	NUM
abrj-78	4	27	2018	2018	NUM
abrj-78	4	28	period	period	NOUN
abrj-78	4	29	.	.	PUNCT
abrj-78	5	1	the	the	DET
abrj-78	5	2	sample	sample	NOUN
abrj-78	5	3	is	be	AUX
abrj-78	5	4	part	part	NOUN
abrj-78	5	5	of	of	ADP
abrj-78	5	6	the	the	DET
abrj-78	5	7	number	number	NOUN
abrj-78	5	8	and	and	CCONJ
abrj-78	5	9	characteristics	characteristic	NOUN
abrj-78	5	10	of	of	ADP
abrj-78	5	11	the	the	DET
abrj-78	5	12	population	population	NOUN
abrj-78	5	13	.	.	PUNCT
abrj-78	6	1	the	the	DET
abrj-78	6	2	sampling	sample	VERB
abrj-78	6	3	technique	technique	NOUN
abrj-78	6	4	used	use	VERB
abrj-78	6	5	in	in	ADP
abrj-78	6	6	this	this	DET
abrj-78	6	7	research	research	NOUN
abrj-78	6	8	was	be	AUX
abrj-78	6	9	purposive	purposive	ADJ
abrj-78	6	10	sampling	sampling	NOUN
abrj-78	6	11	.	.	PUNCT
abrj-78	7	1	the	the	DET
abrj-78	7	2	data	datum	NOUN
abrj-78	7	3	analysis	analysis	NOUN
abrj-78	7	4	technique	technique	NOUN
abrj-78	7	5	used	use	VERB
abrj-78	7	6	path	path	NOUN
abrj-78	7	7	analysis	analysis	NOUN
abrj-78	7	8	.	.	PUNCT
abrj-78	8	1	the	the	DET
abrj-78	8	2	results	result	NOUN
abrj-78	8	3	showed	show	VERB
abrj-78	8	4	that	that	SCONJ
abrj-78	8	5	the	the	DET
abrj-78	8	6	debt	debt	NOUN
abrj-78	8	7	to	to	ADP
abrj-78	8	8	equity	equity	NOUN
abrj-78	8	9	ratio	ratio	NOUN
abrj-78	8	10	(	(	PUNCT
abrj-78	8	11	der	der	NOUN
abrj-78	8	12	)	)	PUNCT
abrj-78	8	13	had	have	VERB
abrj-78	8	14	a	a	DET
abrj-78	8	15	significant	significant	ADJ
abrj-78	8	16	effect	effect	NOUN
abrj-78	8	17	on	on	ADP
abrj-78	8	18	earning	earn	VERB
abrj-78	8	19	per	per	ADP
abrj-78	8	20	share	share	NOUN
abrj-78	8	21	,	,	PUNCT
abrj-78	8	22	meaning	mean	VERB
abrj-78	8	23	that	that	SCONJ
abrj-78	8	24	partially	partially	ADV
abrj-78	8	25	the	the	DET
abrj-78	8	26	debt	debt	NOUN
abrj-78	8	27	to	to	ADP
abrj-78	8	28	equity	equity	NOUN
abrj-78	8	29	ratio	ratio	NOUN
abrj-78	8	30	(	(	PUNCT
abrj-78	8	31	der	der	NOUN
abrj-78	8	32	)	)	PUNCT
abrj-78	8	33	had	have	VERB
abrj-78	8	34	an	an	DET
abrj-78	8	35	effect	effect	NOUN
abrj-78	8	36	on	on	ADP
abrj-78	8	37	earning	earn	VERB
abrj-78	8	38	per	per	ADP
abrj-78	8	39	share	share	NOUN
abrj-78	8	40	(	(	PUNCT
abrj-78	8	41	eps	eps	PROPN
abrj-78	8	42	)	)	PUNCT
abrj-78	8	43	.	.	PUNCT
abrj-78	9	1	return	return	NOUN
abrj-78	9	2	on	on	ADP
abrj-78	9	3	asset	asset	NOUN
abrj-78	9	4	(	(	PUNCT
abrj-78	9	5	roa	roa	NOUN
abrj-78	9	6	)	)	PUNCT
abrj-78	9	7	affects	affect	VERB
abrj-78	9	8	earning	earn	VERB
abrj-78	9	9	per	per	ADP
abrj-78	9	10	share	share	NOUN
abrj-78	9	11	(	(	PUNCT
abrj-78	9	12	eps	eps	PROPN
abrj-78	9	13	)	)	PUNCT
abrj-78	9	14	,	,	PUNCT
abrj-78	9	15	which	which	PRON
abrj-78	9	16	means	mean	VERB
abrj-78	9	17	that	that	SCONJ
abrj-78	9	18	partially	partially	ADV
abrj-78	9	19	,	,	PUNCT
abrj-78	9	20	return	return	VERB
abrj-78	9	21	on	on	ADP
abrj-78	9	22	asset	asset	NOUN
abrj-78	9	23	(	(	PUNCT
abrj-78	9	24	roa	roa	NOUN
abrj-78	9	25	)	)	PUNCT
abrj-78	9	26	affects	affect	VERB
abrj-78	9	27	earning	earn	VERB
abrj-78	9	28	per	per	ADP
abrj-78	9	29	share	share	NOUN
abrj-78	9	30	(	(	PUNCT
abrj-78	9	31	eps	eps	PROPN
abrj-78	9	32	)	)	PUNCT
abrj-78	9	33	.	.	PUNCT
abrj-78	10	1	price	price	NOUN
abrj-78	10	2	to	to	ADP
abrj-78	10	3	book	book	NOUN
abrj-78	10	4	value	value	NOUN
abrj-78	10	5	(	(	PUNCT
abrj-78	10	6	pbv	pbv	VERB
abrj-78	10	7	)	)	PUNCT
abrj-78	10	8	as	as	ADP
abrj-78	10	9	a	a	DET
abrj-78	10	10	moderating	moderate	VERB
abrj-78	10	11	variable	variable	NOUN
abrj-78	10	12	is	be	AUX
abrj-78	10	13	proven	prove	VERB
abrj-78	10	14	to	to	PART
abrj-78	10	15	be	be	AUX
abrj-78	10	16	able	able	ADJ
abrj-78	10	17	to	to	PART
abrj-78	10	18	strengthen	strengthen	VERB
abrj-78	10	19	the	the	DET
abrj-78	10	20	effect	effect	NOUN
abrj-78	10	21	of	of	ADP
abrj-78	10	22	debt	debt	NOUN
abrj-78	10	23	to	to	ADP
abrj-78	10	24	equity	equity	NOUN
abrj-78	10	25	ratio	ratio	NOUN
abrj-78	10	26	(	(	PUNCT
abrj-78	10	27	der	der	NOUN
abrj-78	10	28	)	)	PUNCT
abrj-78	10	29	on	on	ADP
abrj-78	10	30	earning	earn	VERB
abrj-78	10	31	per	per	ADP
abrj-78	10	32	share	share	NOUN
abrj-78	10	33	,	,	PUNCT
abrj-78	10	34	this	this	PRON
abrj-78	10	35	shows	show	VERB
abrj-78	10	36	that	that	SCONJ
abrj-78	10	37	price	price	NOUN
abrj-78	10	38	to	to	ADP
abrj-78	10	39	book	book	NOUN
abrj-78	10	40	value	value	NOUN
abrj-78	10	41	(	(	PUNCT
abrj-78	10	42	pbv	pbv	VERB
abrj-78	10	43	)	)	PUNCT
abrj-78	10	44	moderates	moderate	VERB
abrj-78	10	45	the	the	DET
abrj-78	10	46	debt	debt	NOUN
abrj-78	10	47	to	to	ADP
abrj-78	10	48	equity	equity	NOUN
abrj-78	10	49	ratio	ratio	NOUN
abrj-78	10	50	(	(	PUNCT
abrj-78	10	51	der	der	NOUN
abrj-78	10	52	)	)	PUNCT
abrj-78	10	53	against	against	ADP
abrj-78	10	54	earning	earn	VERB
abrj-78	10	55	per	per	ADP
abrj-78	10	56	share	share	NOUN
abrj-78	10	57	(	(	PUNCT
abrj-78	10	58	eps	eps	PROPN
abrj-78	10	59	)	)	PUNCT
abrj-78	10	60	.	.	PUNCT
abrj-78	11	1	price	price	NOUN
abrj-78	11	2	to	to	ADP
abrj-78	11	3	book	book	NOUN
abrj-78	11	4	value	value	NOUN
abrj-78	11	5	(	(	PUNCT
abrj-78	11	6	pbv	pbv	VERB
abrj-78	11	7	)	)	PUNCT
abrj-78	11	8	as	as	ADP
abrj-78	11	9	a	a	DET
abrj-78	11	10	moderating	moderate	VERB
abrj-78	11	11	variable	variable	NOUN
abrj-78	11	12	is	be	AUX
abrj-78	11	13	proven	prove	VERB
abrj-78	11	14	to	to	PART
abrj-78	11	15	be	be	AUX
abrj-78	11	16	able	able	ADJ
abrj-78	11	17	to	to	PART
abrj-78	11	18	strengthen	strengthen	VERB
abrj-78	11	19	the	the	DET
abrj-78	11	20	effect	effect	NOUN
abrj-78	11	21	of	of	ADP
abrj-78	11	22	return	return	NOUN
abrj-78	11	23	on	on	ADP
abrj-78	11	24	assets	asset	NOUN
abrj-78	11	25	(	(	PUNCT
abrj-78	11	26	roa	roa	NOUN
abrj-78	11	27	)	)	PUNCT
abrj-78	11	28	on	on	ADP
abrj-78	11	29	earning	earn	VERB
abrj-78	11	30	per	per	ADP
abrj-78	11	31	share	share	NOUN
abrj-78	11	32	(	(	PUNCT
abrj-78	11	33	eps	eps	PROPN
abrj-78	11	34	)	)	PUNCT
abrj-78	11	35	,	,	PUNCT
abrj-78	11	36	this	this	PRON
abrj-78	11	37	shows	show	VERB
abrj-78	11	38	that	that	SCONJ
abrj-78	11	39	price	price	NOUN
abrj-78	11	40	to	to	ADP
abrj-78	11	41	book	book	NOUN
abrj-78	11	42	value	value	NOUN
abrj-78	11	43	(	(	PUNCT
abrj-78	11	44	pbv	pbv	VERB
abrj-78	11	45	)	)	PUNCT
abrj-78	11	46	moderates	moderate	VERB
abrj-78	11	47	the	the	DET
abrj-78	11	48	return	return	NOUN
abrj-78	11	49	on	on	ADP
abrj-78	11	50	asset	asset	NOUN
abrj-78	11	51	relationship	relationship	NOUN
abrj-78	11	52	.	.	PUNCT
abrj-78	12	1	(	(	PUNCT
abrj-78	12	2	roa	roa	NOUN
abrj-78	12	3	)	)	PUNCT
abrj-78	12	4	against	against	ADP
abrj-78	12	5	earning	earn	VERB
abrj-78	12	6	per	per	ADP
abrj-78	12	7	share	share	NOUN
abrj-78	12	8	(	(	PUNCT
abrj-78	12	9	eps	eps	PROPN
abrj-78	12	10	)	)	PUNCT
abrj-78	12	11	.	.	PUNCT
abrj-78	13	1	keywords	keyword	NOUN
abrj-78	13	2	:	:	PUNCT
abrj-78	13	3	debt	debt	NOUN
abrj-78	13	4	to	to	ADP
abrj-78	13	5	equity	equity	NOUN
abrj-78	13	6	ratio	ratio	NOUN
abrj-78	13	7	,	,	PUNCT
abrj-78	13	8	return	return	VERB
abrj-78	13	9	on	on	ADP
abrj-78	13	10	asset	asset	NOUN
abrj-78	13	11	,	,	PUNCT
abrj-78	13	12	earning	earn	VERB
abrj-78	13	13	per	per	ADP
abrj-78	13	14	share	share	NOUN
abrj-78	13	15	,	,	PUNCT
abrj-78	13	16	price	price	NOUN
abrj-78	13	17	to	to	ADP
abrj-78	13	18	book	book	NOUN
abrj-78	13	19	value	value	NOUN
abrj-78	13	20	,	,	PUNCT
abrj-78	13	21	various	various	ADJ
abrj-78	13	22	industrial	industrial	ADJ
abrj-78	13	23	sub	sub	NOUN
abrj-78	13	24	-	-	NOUN
abrj-78	13	25	sectors	sector	NOUN
abrj-78	13	26	,	,	PUNCT
abrj-78	13	27	indonesia	indonesia	PROPN
abrj-78	13	28	stock	stock	PROPN
abrj-78	13	29	exchange	exchange	PROPN
abrj-78	13	30	.	.	PUNCT
abrj-78	14	1	jel	jel	PROPN
abrj-78	14	2	classification	classification	PROPN
abrj-78	14	3	:	:	PUNCT
abrj-78	14	4	b27	b27	PROPN
abrj-78	14	5	,	,	PUNCT
abrj-78	14	6	h54	h54	NOUN
abrj-78	14	7	,	,	PUNCT
abrj-78	14	8	l60	l60	NOUN
abrj-78	14	9	.	.	PUNCT
abrj-78	15	1	1	1	X
abrj-78	15	2	.	.	X
abrj-78	15	3	introduction	introduction	NOUN
abrj-78	15	4	indonesia	indonesia	PROPN
abrj-78	15	5	is	be	AUX
abrj-78	15	6	ready	ready	ADJ
abrj-78	15	7	to	to	PART
abrj-78	15	8	welcome	welcome	VERB
abrj-78	15	9	the	the	DET
abrj-78	15	10	era	era	NOUN
abrj-78	15	11	of	of	ADP
abrj-78	15	12	industrial	industrial	ADJ
abrj-78	15	13	revolution	revolution	NOUN
abrj-78	15	14	4.0	4.0	NUM
abrj-78	15	15	which	which	PRON
abrj-78	15	16	is	be	AUX
abrj-78	15	17	targeted	target	VERB
abrj-78	15	18	to	to	PART
abrj-78	15	19	have	have	VERB
abrj-78	15	20	an	an	DET
abrj-78	15	21	impact	impact	NOUN
abrj-78	15	22	on	on	ADP
abrj-78	15	23	the	the	DET
abrj-78	15	24	manufacturing	manufacturing	NOUN
abrj-78	15	25	industry	industry	NOUN
abrj-78	15	26	.	.	PUNCT
abrj-78	16	1	when	when	SCONJ
abrj-78	16	2	viewed	view	VERB
abrj-78	16	3	from	from	ADP
abrj-78	16	4	the	the	DET
abrj-78	16	5	national	national	ADJ
abrj-78	16	6	gross	gross	ADJ
abrj-78	16	7	domestic	domestic	ADJ
abrj-78	16	8	product	product	NOUN
abrj-78	16	9	(	(	PUNCT
abrj-78	16	10	gdp	gdp	NOUN
abrj-78	16	11	)	)	PUNCT
abrj-78	16	12	,	,	PUNCT
abrj-78	16	13	the	the	DET
abrj-78	16	14	manufacturing	manufacturing	NOUN
abrj-78	16	15	industry	industry	NOUN
abrj-78	16	16	has	have	AUX
abrj-78	16	17	consistently	consistently	ADV
abrj-78	16	18	been	be	AUX
abrj-78	16	19	the	the	DET
abrj-78	16	20	largest	large	ADJ
abrj-78	16	21	contributor	contributor	NOUN
abrj-78	16	22	to	to	ADP
abrj-78	16	23	the	the	DET
abrj-78	16	24	national	national	ADJ
abrj-78	16	25	gross	gross	ADJ
abrj-78	16	26	domestic	domestic	ADJ
abrj-78	16	27	product	product	NOUN
abrj-78	16	28	(	(	PUNCT
abrj-78	16	29	gdp	gdp	NOUN
abrj-78	16	30	)	)	PUNCT
abrj-78	16	31	,	,	PUNCT
abrj-78	16	32	which	which	PRON
abrj-78	16	33	was	be	AUX
abrj-78	16	34	recorded	record	VERB
abrj-78	16	35	at	at	ADP
abrj-78	16	36	19.83	19.83	NUM
abrj-78	16	37	%	%	NOUN
abrj-78	16	38	in	in	ADP
abrj-78	16	39	the	the	DET
abrj-78	16	40	second	second	ADJ
abrj-78	16	41	quarter	quarter	NOUN
abrj-78	16	42	of	of	ADP
abrj-78	16	43	2018	2018	NUM
abrj-78	16	44	.	.	PUNCT
abrj-78	17	1	the	the	DET
abrj-78	17	2	rapid	rapid	ADJ
abrj-78	17	3	growth	growth	NOUN
abrj-78	17	4	rate	rate	NOUN
abrj-78	17	5	in	in	ADP
abrj-78	17	6	the	the	DET
abrj-78	17	7	national	national	ADJ
abrj-78	17	8	industry	industry	NOUN
abrj-78	17	9	is	be	AUX
abrj-78	17	10	a	a	DET
abrj-78	17	11	multiplier	multipli	ADJ
abrj-78	17	12	effect	effect	NOUN
abrj-78	17	13	and	and	CCONJ
abrj-78	17	14	high	high	ADJ
abrj-78	17	15	investment	investment	NOUN
abrj-78	17	16	in	in	ADP
abrj-78	17	17	this	this	DET
abrj-78	17	18	sector	sector	NOUN
abrj-78	17	19	.	.	PUNCT
abrj-78	18	1	as	as	ADP
abrj-78	18	2	of	of	ADP
abrj-78	18	3	2010	2010	NUM
abrj-78	18	4	,	,	PUNCT
abrj-78	18	5	the	the	DET
abrj-78	18	6	trend	trend	NOUN
abrj-78	18	7	of	of	ADP
abrj-78	18	8	investment	investment	NOUN
abrj-78	18	9	in	in	ADP
abrj-78	18	10	the	the	DET
abrj-78	18	11	industrial	industrial	ADJ
abrj-78	18	12	sector	sector	NOUN
abrj-78	18	13	in	in	ADP
abrj-78	18	14	indonesia	indonesia	PROPN
abrj-78	18	15	has	have	AUX
abrj-78	18	16	continued	continue	VERB
abrj-78	18	17	to	to	PART
abrj-78	18	18	increase	increase	VERB
abrj-78	18	19	even	even	ADV
abrj-78	18	20	though	though	SCONJ
abrj-78	18	21	it	it	PRON
abrj-78	18	22	was	be	AUX
abrj-78	18	23	restrained	restrain	VERB
abrj-78	18	24	by	by	ADP
abrj-78	18	25	the	the	DET
abrj-78	18	26	financial	financial	ADJ
abrj-78	18	27	crisis	crisis	NOUN
abrj-78	18	28	in	in	ADP
abrj-78	18	29	2008	2008	NUM
abrj-78	18	30	.	.	PUNCT
abrj-78	19	1	if	if	SCONJ
abrj-78	19	2	we	we	PRON
abrj-78	19	3	take	take	VERB
abrj-78	19	4	it	it	PRON
abrj-78	19	5	further	far	ADV
abrj-78	19	6	back	back	ADV
abrj-78	19	7	,	,	PUNCT
abrj-78	19	8	the	the	DET
abrj-78	19	9	growth	growth	NOUN
abrj-78	19	10	of	of	ADP
abrj-78	19	11	the	the	DET
abrj-78	19	12	manufacturing	manufacturing	NOUN
abrj-78	19	13	industry	industry	NOUN
abrj-78	19	14	in	in	ADP
abrj-78	19	15	the	the	DET
abrj-78	19	16	indonesian	indonesian	ADJ
abrj-78	19	17	economy	economy	NOUN
abrj-78	19	18	has	have	AUX
abrj-78	19	19	gradually	gradually	ADV
abrj-78	19	20	increased	increase	VERB
abrj-78	19	21	.	.	PUNCT
abrj-78	20	1	figure-1	figure-1	PROPN
abrj-78	20	2	.	.	PUNCT
abrj-78	21	1	development	development	NOUN
abrj-78	21	2	of	of	ADP
abrj-78	21	3	the	the	DET
abrj-78	21	4	manufacturing	manufacturing	NOUN
abrj-78	21	5	industry	industry	NOUN
abrj-78	21	6	,	,	PUNCT
abrj-78	21	7	contribution	contribution	NOUN
abrj-78	21	8	to	to	ADP
abrj-78	21	9	gdp	gdp	NOUN
abrj-78	21	10	,	,	PUNCT
abrj-78	21	11	and	and	CCONJ
abrj-78	21	12	gdp	gdp	NOUN
abrj-78	21	13	of	of	ADP
abrj-78	21	14	indonesia	indonesia	PROPN
abrj-78	21	15	in	in	ADP
abrj-78	21	16	1990	1990	NUM
abrj-78	21	17	-	-	SYM
abrj-78	21	18	2015	2015	NUM
abrj-78	21	19	.	.	PUNCT
abrj-78	22	1	source	source	NOUN
abrj-78	22	2	:	:	PUNCT
abrj-78	22	3	bps	bps	NOUN
abrj-78	22	4	,	,	PUNCT
abrj-78	22	5	2015	2015	NUM
abrj-78	22	6	.	.	PUNCT
abrj-78	23	1	in	in	ADP
abrj-78	23	2	the	the	DET
abrj-78	23	3	era	era	NOUN
abrj-78	23	4	of	of	ADP
abrj-78	23	5	industrial	industrial	ADJ
abrj-78	23	6	revolution	revolution	NOUN
abrj-78	23	7	4.0	4.0	NUM
abrj-78	23	8	,	,	PUNCT
abrj-78	23	9	which	which	PRON
abrj-78	23	10	certainly	certainly	ADV
abrj-78	23	11	requires	require	VERB
abrj-78	23	12	a	a	DET
abrj-78	23	13	commitment	commitment	NOUN
abrj-78	23	14	to	to	PART
abrj-78	23	15	work	work	VERB
abrj-78	23	16	together	together	ADV
abrj-78	23	17	through	through	ADP
abrj-78	23	18	the	the	DET
abrj-78	23	19	implementation	implementation	NOUN
abrj-78	23	20	of	of	ADP
abrj-78	23	21	strategic	strategic	ADJ
abrj-78	23	22	regional	regional	ADJ
abrj-78	23	23	programs	program	NOUN
abrj-78	23	24	that	that	PRON
abrj-78	23	25	bring	bring	VERB
abrj-78	23	26	economic	economic	ADJ
abrj-78	23	27	prosperity	prosperity	NOUN
abrj-78	23	28	.	.	PUNCT
abrj-78	24	1	as	as	ADV
abrj-78	24	2	well	well	ADV
abrj-78	24	3	as	as	SCONJ
abrj-78	24	4	to	to	PART
abrj-78	24	5	share	share	VERB
abrj-78	24	6	policies	policy	NOUN
abrj-78	24	7	,	,	PUNCT
abrj-78	24	8	experiences	experience	NOUN
abrj-78	24	9	,	,	PUNCT
abrj-78	24	10	technology	technology	NOUN
abrj-78	24	11	,	,	PUNCT
abrj-78	24	12	knowledge	knowledge	NOUN
abrj-78	24	13	,	,	PUNCT
abrj-78	24	14	and	and	CCONJ
abrj-78	24	15	best	good	ADJ
abrj-78	24	16	practices	practice	NOUN
abrj-78	24	17	related	relate	VERB
abrj-78	24	18	to	to	ADP
abrj-78	24	19	the	the	DET
abrj-78	24	20	development	development	NOUN
abrj-78	24	21	of	of	ADP
abrj-78	24	22	the	the	DET
abrj-78	24	23	manufacturing	manufacturing	NOUN
abrj-78	24	24	sector	sector	NOUN
abrj-78	24	25	and	and	CCONJ
abrj-78	24	26	the	the	DET
abrj-78	24	27	implementation	implementation	NOUN
abrj-78	24	28	of	of	ADP
abrj-78	24	29	industry	industry	NOUN
abrj-78	24	30	4.0	4.0	NUM
abrj-78	24	31	.	.	PUNCT
abrj-78	25	1	the	the	DET
abrj-78	25	2	minister	minister	PROPN
abrj-78	25	3	of	of	ADP
abrj-78	25	4	industry	industry	NOUN
abrj-78	25	5	stated	state	VERB
abrj-78	25	6	that	that	SCONJ
abrj-78	25	7	he	he	PRON
abrj-78	25	8	believed	believe	VERB
abrj-78	25	9	that	that	SCONJ
abrj-78	25	10	the	the	DET
abrj-78	25	11	transformation	transformation	NOUN
abrj-78	25	12	of	of	ADP
abrj-78	25	13	industry	industry	NOUN
abrj-78	25	14	4.0	4.0	NUM
abrj-78	25	15	would	would	AUX
abrj-78	25	16	lead	lead	VERB
abrj-78	25	17	to	to	ADP
abrj-78	25	18	a	a	DET
abrj-78	25	19	new	new	ADJ
abrj-78	25	20	business	business	NOUN
abrj-78	25	21	model	model	NOUN
abrj-78	25	22	for	for	ADP
abrj-78	25	23	the	the	DET
abrj-78	25	24	globally	globally	ADV
abrj-78	25	25	competitive	competitive	ADJ
abrj-78	25	26	manufacturing	manufacturing	NOUN
abrj-78	25	27	industry	industry	NOUN
abrj-78	25	28	.	.	PUNCT
abrj-78	26	1	the	the	DET
abrj-78	26	2	http://crossmark.crossref.org/dialog/?doi=10.20448/journal.518.2020.5.39.47&domain=pdf&date_stamp=2017-01-14	http://crossmark.crossref.org/dialog/?doi=10.20448/journal.518.2020.5.39.47&domain=pdf&date_stamp=2017-01-14	PROPN
abrj-78	26	3	http://ecsenet.com/index.php/2576-6759/article/view/78	http://ecsenet.com/index.php/2576-6759/article/view/78	PROPN
abrj-78	26	4	https://orcid.org/0000-0002-1290-335x	https://orcid.org/0000-0002-1290-335x	PROPN
abrj-78	26	5	https://orcid.org/0000-0002-5979-6184	https://orcid.org/0000-0002-5979-6184	PROPN
abrj-78	26	6	asian	asian	ADJ
abrj-78	26	7	business	business	NOUN
abrj-78	26	8	research	research	NOUN
abrj-78	26	9	journal	journal	NOUN
abrj-78	26	10	,	,	PUNCT
abrj-78	26	11	2020	2020	NUM
abrj-78	26	12	,	,	PUNCT
abrj-78	26	13	5	5	NUM
abrj-78	26	14	:	:	SYM
abrj-78	26	15	39	39	NUM
abrj-78	26	16	-	-	SYM
abrj-78	26	17	47	47	NUM
abrj-78	26	18	40	40	NUM
abrj-78	26	19	©	©	ADP
abrj-78	26	20	2020	2020	NUM
abrj-78	26	21	by	by	ADP
abrj-78	26	22	the	the	DET
abrj-78	26	23	authors	author	NOUN
abrj-78	26	24	;	;	PUNCT
abrj-78	26	25	licensee	licensee	NOUN
abrj-78	26	26	eastern	eastern	ADJ
abrj-78	26	27	centre	centre	NOUN
abrj-78	26	28	of	of	ADP
abrj-78	26	29	science	science	NOUN
abrj-78	26	30	and	and	CCONJ
abrj-78	26	31	education	education	NOUN
abrj-78	26	32	,	,	PUNCT
abrj-78	26	33	usa	usa	PROPN
abrj-78	26	34	manufacturing	manufacturing	NOUN
abrj-78	26	35	industry	industry	NOUN
abrj-78	26	36	sector	sector	NOUN
abrj-78	26	37	is	be	AUX
abrj-78	26	38	stable	stable	ADJ
abrj-78	26	39	and	and	CCONJ
abrj-78	26	40	is	be	AUX
abrj-78	26	41	one	one	NUM
abrj-78	26	42	of	of	ADP
abrj-78	26	43	the	the	DET
abrj-78	26	44	pillars	pillar	NOUN
abrj-78	26	45	of	of	ADP
abrj-78	26	46	the	the	DET
abrj-78	26	47	country	country	NOUN
abrj-78	26	48	's	's	PART
abrj-78	26	49	economy	economy	NOUN
abrj-78	26	50	amidst	amidst	ADP
abrj-78	26	51	the	the	DET
abrj-78	26	52	uncertainty	uncertainty	NOUN
abrj-78	26	53	of	of	ADP
abrj-78	26	54	the	the	DET
abrj-78	26	55	world	world	NOUN
abrj-78	26	56	economy	economy	NOUN
abrj-78	26	57	with	with	ADP
abrj-78	26	58	a	a	DET
abrj-78	26	59	positive	positive	ADJ
abrj-78	26	60	growth	growth	NOUN
abrj-78	26	61	rate	rate	NOUN
abrj-78	26	62	.	.	PUNCT
abrj-78	27	1	the	the	DET
abrj-78	27	2	manufacturing	manufacturing	NOUN
abrj-78	27	3	industry	industry	NOUN
abrj-78	27	4	creates	create	VERB
abrj-78	27	5	added	add	VERB
abrj-78	27	6	value	value	NOUN
abrj-78	27	7	which	which	PRON
abrj-78	27	8	means	mean	VERB
abrj-78	27	9	production	production	NOUN
abrj-78	27	10	or	or	CCONJ
abrj-78	27	11	products	product	NOUN
abrj-78	27	12	produced	produce	VERB
abrj-78	27	13	by	by	ADP
abrj-78	27	14	various	various	ADJ
abrj-78	27	15	companies	company	NOUN
abrj-78	27	16	in	in	ADP
abrj-78	27	17	the	the	DET
abrj-78	27	18	manufacturing	manufacturing	NOUN
abrj-78	27	19	sector	sector	NOUN
abrj-78	27	20	,	,	PUNCT
abrj-78	27	21	such	such	ADJ
abrj-78	27	22	as	as	ADP
abrj-78	27	23	food	food	NOUN
abrj-78	27	24	,	,	PUNCT
abrj-78	27	25	beverages	beverage	NOUN
abrj-78	27	26	,	,	PUNCT
abrj-78	27	27	automotive	automotive	ADJ
abrj-78	27	28	textiles	textile	NOUN
abrj-78	27	29	,	,	PUNCT
abrj-78	27	30	pharmaceuticals	pharmaceutical	NOUN
abrj-78	27	31	,	,	PUNCT
abrj-78	27	32	electronics	electronic	NOUN
abrj-78	27	33	,	,	PUNCT
abrj-78	27	34	and	and	CCONJ
abrj-78	27	35	so	so	ADV
abrj-78	27	36	on	on	ADV
abrj-78	27	37	.	.	PUNCT
abrj-78	28	1	if	if	SCONJ
abrj-78	28	2	the	the	DET
abrj-78	28	3	processing	processing	NOUN
abrj-78	28	4	is	be	AUX
abrj-78	28	5	carried	carry	VERB
abrj-78	28	6	out	out	ADP
abrj-78	28	7	properly	properly	ADV
abrj-78	28	8	and	and	CCONJ
abrj-78	28	9	optimally	optimally	ADV
abrj-78	28	10	,	,	PUNCT
abrj-78	28	11	all	all	DET
abrj-78	28	12	the	the	DET
abrj-78	28	13	basic	basic	ADJ
abrj-78	28	14	ingredients	ingredient	NOUN
abrj-78	28	15	processed	process	VERB
abrj-78	28	16	in	in	ADP
abrj-78	28	17	the	the	DET
abrj-78	28	18	manufacturing	manufacturing	NOUN
abrj-78	28	19	industry	industry	NOUN
abrj-78	28	20	can	can	AUX
abrj-78	28	21	create	create	VERB
abrj-78	28	22	added	add	VERB
abrj-78	28	23	value	value	NOUN
abrj-78	28	24	to	to	ADP
abrj-78	28	25	the	the	DET
abrj-78	28	26	resulting	result	VERB
abrj-78	28	27	product	product	NOUN
abrj-78	28	28	.	.	PUNCT
abrj-78	29	1	the	the	DET
abrj-78	29	2	more	more	ADJ
abrj-78	29	3	variety	variety	NOUN
abrj-78	29	4	and	and	CCONJ
abrj-78	29	5	product	product	NOUN
abrj-78	29	6	innovation	innovation	NOUN
abrj-78	29	7	that	that	PRON
abrj-78	29	8	is	be	AUX
abrj-78	29	9	produced	produce	VERB
abrj-78	29	10	,	,	PUNCT
abrj-78	29	11	the	the	PRON
abrj-78	29	12	greater	great	ADJ
abrj-78	29	13	the	the	DET
abrj-78	29	14	potential	potential	NOUN
abrj-78	29	15	for	for	ADP
abrj-78	29	16	development	development	NOUN
abrj-78	29	17	.	.	PUNCT
abrj-78	30	1	especially	especially	ADV
abrj-78	30	2	considering	consider	VERB
abrj-78	30	3	that	that	SCONJ
abrj-78	30	4	indonesia	indonesia	PROPN
abrj-78	30	5	has	have	VERB
abrj-78	30	6	abundant	abundant	ADJ
abrj-78	30	7	natural	natural	ADJ
abrj-78	30	8	resources	resource	NOUN
abrj-78	30	9	so	so	SCONJ
abrj-78	30	10	that	that	SCONJ
abrj-78	30	11	it	it	PRON
abrj-78	30	12	can	can	AUX
abrj-78	30	13	be	be	AUX
abrj-78	30	14	used	use	VERB
abrj-78	30	15	as	as	ADP
abrj-78	30	16	a	a	DET
abrj-78	30	17	spur	spur	NOUN
abrj-78	30	18	to	to	PART
abrj-78	30	19	increase	increase	VERB
abrj-78	30	20	the	the	DET
abrj-78	30	21	growth	growth	NOUN
abrj-78	30	22	of	of	ADP
abrj-78	30	23	the	the	DET
abrj-78	30	24	industrial	industrial	ADJ
abrj-78	30	25	sector	sector	NOUN
abrj-78	30	26	in	in	ADP
abrj-78	30	27	indonesia	indonesia	PROPN
abrj-78	30	28	,	,	PUNCT
abrj-78	30	29	especially	especially	ADV
abrj-78	30	30	in	in	ADP
abrj-78	30	31	the	the	DET
abrj-78	30	32	manufacturing	manufacturing	NOUN
abrj-78	30	33	industry	industry	NOUN
abrj-78	30	34	sector	sector	NOUN
abrj-78	30	35	.	.	PUNCT
abrj-78	31	1	behind	behind	ADP
abrj-78	31	2	the	the	DET
abrj-78	31	3	increasing	increase	VERB
abrj-78	31	4	economic	economic	ADJ
abrj-78	31	5	growth	growth	NOUN
abrj-78	31	6	in	in	ADP
abrj-78	31	7	indonesia	indonesia	PROPN
abrj-78	31	8	through	through	ADP
abrj-78	31	9	the	the	DET
abrj-78	31	10	manufacturing	manufacturing	NOUN
abrj-78	31	11	industry	industry	NOUN
abrj-78	31	12	,	,	PUNCT
abrj-78	31	13	it	it	PRON
abrj-78	31	14	is	be	AUX
abrj-78	31	15	necessary	necessary	ADJ
abrj-78	31	16	to	to	PART
abrj-78	31	17	encourage	encourage	VERB
abrj-78	31	18	investment	investment	NOUN
abrj-78	31	19	in	in	ADP
abrj-78	31	20	terms	term	NOUN
abrj-78	31	21	of	of	ADP
abrj-78	31	22	investment	investment	NOUN
abrj-78	31	23	as	as	ADV
abrj-78	31	24	well	well	ADV
abrj-78	31	25	.	.	PUNCT
abrj-78	32	1	this	this	DET
abrj-78	32	2	investment	investment	NOUN
abrj-78	32	3	will	will	AUX
abrj-78	32	4	create	create	VERB
abrj-78	32	5	an	an	DET
abrj-78	32	6	attractive	attractive	ADJ
abrj-78	32	7	and	and	CCONJ
abrj-78	32	8	conducive	conducive	ADJ
abrj-78	32	9	climate	climate	NOUN
abrj-78	32	10	in	in	ADP
abrj-78	32	11	indonesia	indonesia	PROPN
abrj-78	32	12	.	.	PUNCT
abrj-78	33	1	so	so	ADV
abrj-78	33	2	that	that	SCONJ
abrj-78	33	3	domestic	domestic	ADJ
abrj-78	33	4	and	and	CCONJ
abrj-78	33	5	foreign	foreign	ADJ
abrj-78	33	6	investors	investor	NOUN
abrj-78	33	7	are	be	AUX
abrj-78	33	8	interested	interested	ADJ
abrj-78	33	9	in	in	ADP
abrj-78	33	10	investing	invest	VERB
abrj-78	33	11	their	their	PRON
abrj-78	33	12	shares	share	NOUN
abrj-78	33	13	in	in	ADP
abrj-78	33	14	indonesia	indonesia	PROPN
abrj-78	33	15	.	.	PUNCT
abrj-78	34	1	one	one	NUM
abrj-78	34	2	of	of	ADP
abrj-78	34	3	the	the	DET
abrj-78	34	4	securities	security	NOUN
abrj-78	34	5	used	use	VERB
abrj-78	34	6	to	to	PART
abrj-78	34	7	invest	invest	VERB
abrj-78	34	8	in	in	ADP
abrj-78	34	9	stocks	stock	NOUN
abrj-78	34	10	.	.	PUNCT
abrj-78	35	1	shares	share	NOUN
abrj-78	35	2	are	be	AUX
abrj-78	35	3	a	a	DET
abrj-78	35	4	sign	sign	NOUN
abrj-78	35	5	of	of	ADP
abrj-78	35	6	someone	someone	PRON
abrj-78	35	7	's	's	PART
abrj-78	35	8	participation	participation	NOUN
abrj-78	35	9	or	or	CCONJ
abrj-78	35	10	ownership	ownership	NOUN
abrj-78	35	11	in	in	ADP
abrj-78	35	12	a	a	DET
abrj-78	35	13	company	company	NOUN
abrj-78	35	14	(	(	PUNCT
abrj-78	35	15	lukman	lukman	PROPN
abrj-78	35	16	&	&	CCONJ
abrj-78	35	17	solihin	solihin	PROPN
abrj-78	35	18	,	,	PUNCT
abrj-78	35	19	2018	2018	NUM
abrj-78	35	20	)	)	PUNCT
abrj-78	35	21	.	.	PUNCT
abrj-78	36	1	in	in	ADP
abrj-78	36	2	general	general	ADJ
abrj-78	36	3	,	,	PUNCT
abrj-78	36	4	investors	investor	NOUN
abrj-78	36	5	will	will	AUX
abrj-78	36	6	be	be	AUX
abrj-78	36	7	interested	interested	ADJ
abrj-78	36	8	in	in	ADP
abrj-78	36	9	investing	invest	VERB
abrj-78	36	10	(	(	PUNCT
abrj-78	36	11	stocks	stock	NOUN
abrj-78	36	12	)	)	PUNCT
abrj-78	36	13	if	if	SCONJ
abrj-78	36	14	the	the	DET
abrj-78	36	15	company	company	NOUN
abrj-78	36	16	can	can	AUX
abrj-78	36	17	provide	provide	VERB
abrj-78	36	18	the	the	DET
abrj-78	36	19	return	return	NOUN
abrj-78	36	20	they	they	PRON
abrj-78	36	21	expect	expect	VERB
abrj-78	36	22	.	.	PUNCT
abrj-78	37	1	the	the	DET
abrj-78	37	2	following	follow	VERB
abrj-78	37	3	is	be	AUX
abrj-78	37	4	a	a	DET
abrj-78	37	5	table	table	NOUN
abrj-78	37	6	of	of	ADP
abrj-78	37	7	the	the	DET
abrj-78	37	8	movement	movement	NOUN
abrj-78	37	9	of	of	ADP
abrj-78	37	10	the	the	DET
abrj-78	37	11	manufacturing	manufacturing	NOUN
abrj-78	37	12	sector	sector	NOUN
abrj-78	37	13	stock	stock	NOUN
abrj-78	37	14	price	price	NOUN
abrj-78	37	15	index	index	NOUN
abrj-78	37	16	on	on	ADP
abrj-78	37	17	the	the	DET
abrj-78	37	18	indonesia	indonesia	PROPN
abrj-78	37	19	stock	stock	PROPN
abrj-78	37	20	exchange	exchange	NOUN
abrj-78	37	21	from	from	ADP
abrj-78	37	22	2012	2012	NUM
abrj-78	37	23	to	to	ADP
abrj-78	37	24	2015	2015	NUM
abrj-78	37	25	.	.	PUNCT
abrj-78	38	1	table-1.the	table-1.the	DET
abrj-78	38	2	movement	movement	NOUN
abrj-78	38	3	of	of	ADP
abrj-78	38	4	the	the	DET
abrj-78	38	5	manufacturing	manufacturing	NOUN
abrj-78	38	6	sector	sector	NOUN
abrj-78	38	7	stock	stock	NOUN
abrj-78	38	8	price	price	NOUN
abrj-78	38	9	index	index	NOUN
abrj-78	38	10	in	in	ADP
abrj-78	38	11	the	the	DET
abrj-78	38	12	indonesia	indonesia	PROPN
abrj-78	38	13	stock	stock	PROPN
abrj-78	38	14	exchange	exchange	NOUN
abrj-78	38	15	in	in	ADP
abrj-78	38	16	2012	2012	NUM
abrj-78	38	17	-	-	SYM
abrj-78	38	18	2015	2015	NUM
abrj-78	38	19	.	.	PUNCT
abrj-78	39	1	year	year	NOUN
abrj-78	39	2	basic	basic	ADJ
abrj-78	39	3	industry	industry	NOUN
abrj-78	39	4	miscellaneous	miscellaneous	ADJ
abrj-78	39	5	industry	industry	NOUN
abrj-78	39	6	consumer	consumer	NOUN
abrj-78	39	7	goods	good	NOUN
abrj-78	39	8	2012	2012	NUM
abrj-78	39	9	526,551	526,551	NUM
abrj-78	39	10	1.336,52	1.336,52	NUM
abrj-78	39	11	1.565,88	1.565,88	NUM
abrj-78	39	12	2013	2013	NUM
abrj-78	39	13	480,744	480,744	NUM
abrj-78	39	14	1.205,01	1.205,01	NUM
abrj-78	39	15	1.782,09	1.782,09	NUM
abrj-78	39	16	2014	2014	NUM
abrj-78	39	17	543,674	543,674	NUM
abrj-78	39	18	1.307,07	1.307,07	NUM
abrj-78	39	19	2.042,25	2.042,25	NUM
abrj-78	39	20	2015	2015	NUM
abrj-78	39	21	407,839	407,839	NUM
abrj-78	39	22	1.057,28	1.057,28	NUM
abrj-78	39	23	2.064,91	2.064,91	NUM
abrj-78	39	24	2015	2015	NUM
abrj-78	39	25	538,189	538,189	NUM
abrj-78	39	26	1.370,63	1.370,63	NUM
abrj-78	39	27	2.324,28	2.324,28	NUM
abrj-78	39	28	average	average	ADJ
abrj-78	39	29	499,40	499,40	NOUN
abrj-78	39	30	1.255,30	1.255,30	NUM
abrj-78	39	31	1.955,88	1.955,88	NUM
abrj-78	39	32	from	from	ADP
abrj-78	39	33	table	table	NOUN
abrj-78	39	34	1	1	NUM
abrj-78	39	35	.	.	PUNCT
abrj-78	40	1	it	it	PRON
abrj-78	40	2	can	can	AUX
abrj-78	40	3	be	be	AUX
abrj-78	40	4	seen	see	VERB
abrj-78	40	5	that	that	SCONJ
abrj-78	40	6	the	the	DET
abrj-78	40	7	consumer	consumer	NOUN
abrj-78	40	8	goods	good	NOUN
abrj-78	40	9	sub	sub	NOUN
abrj-78	40	10	-	-	NOUN
abrj-78	40	11	sector	sector	NOUN
abrj-78	40	12	has	have	VERB
abrj-78	40	13	the	the	DET
abrj-78	40	14	highest	high	ADJ
abrj-78	40	15	average	average	ADJ
abrj-78	40	16	stock	stock	NOUN
abrj-78	40	17	price	price	NOUN
abrj-78	40	18	index	index	NOUN
abrj-78	40	19	compared	compare	VERB
abrj-78	40	20	to	to	ADP
abrj-78	40	21	the	the	DET
abrj-78	40	22	stock	stock	NOUN
abrj-78	40	23	price	price	NOUN
abrj-78	40	24	index	index	NOUN
abrj-78	40	25	of	of	ADP
abrj-78	40	26	other	other	ADJ
abrj-78	40	27	manufacturing	manufacture	VERB
abrj-78	40	28	sub	sub	NOUN
abrj-78	40	29	-	-	NOUN
abrj-78	40	30	sectors	sector	NOUN
abrj-78	40	31	,	,	PUNCT
abrj-78	40	32	namely	namely	ADV
abrj-78	40	33	rp.1,955.88	rp.1,955.88	NOUN
abrj-78	40	34	.	.	PUNCT
abrj-78	41	1	meanwhile	meanwhile	ADV
abrj-78	41	2	,	,	PUNCT
abrj-78	41	3	the	the	DET
abrj-78	41	4	lowest	low	ADJ
abrj-78	41	5	in	in	ADP
abrj-78	41	6	the	the	DET
abrj-78	41	7	basic	basic	ADJ
abrj-78	41	8	industry	industry	NOUN
abrj-78	41	9	sub	sub	NOUN
abrj-78	41	10	-	-	NOUN
abrj-78	41	11	sector	sector	NOUN
abrj-78	41	12	.	.	PUNCT
abrj-78	42	1	however	however	ADV
abrj-78	42	2	,	,	PUNCT
abrj-78	42	3	when	when	SCONJ
abrj-78	42	4	viewed	view	VERB
abrj-78	42	5	from	from	ADP
abrj-78	42	6	figure	figure	NOUN
abrj-78	42	7	1	1	NUM
abrj-78	42	8	,	,	PUNCT
abrj-78	42	9	the	the	DET
abrj-78	42	10	manufacturing	manufacturing	NOUN
abrj-78	42	11	sector	sector	NOUN
abrj-78	42	12	experienced	experience	VERB
abrj-78	42	13	fluctuating	fluctuate	VERB
abrj-78	42	14	data	datum	NOUN
abrj-78	42	15	and	and	CCONJ
abrj-78	42	16	experienced	experience	VERB
abrj-78	42	17	a	a	DET
abrj-78	42	18	significant	significant	ADJ
abrj-78	42	19	decline	decline	NOUN
abrj-78	42	20	in	in	ADP
abrj-78	42	21	2015	2015	NUM
abrj-78	42	22	and	and	CCONJ
abrj-78	42	23	again	again	ADV
abrj-78	42	24	rose	rise	VERB
abrj-78	42	25	in	in	ADP
abrj-78	42	26	2015	2015	NUM
abrj-78	42	27	.	.	PUNCT
abrj-78	43	1	to	to	PART
abrj-78	43	2	strengthen	strengthen	VERB
abrj-78	43	3	the	the	DET
abrj-78	43	4	growth	growth	NOUN
abrj-78	43	5	of	of	ADP
abrj-78	43	6	the	the	DET
abrj-78	43	7	business	business	NOUN
abrj-78	43	8	world	world	NOUN
abrj-78	43	9	,	,	PUNCT
abrj-78	43	10	one	one	NUM
abrj-78	43	11	of	of	ADP
abrj-78	43	12	which	which	PRON
abrj-78	43	13	is	be	AUX
abrj-78	43	14	in	in	ADP
abrj-78	43	15	manufacturing	manufacturing	NOUN
abrj-78	43	16	companies	company	NOUN
abrj-78	43	17	.	.	PUNCT
abrj-78	44	1	sources	source	NOUN
abrj-78	44	2	of	of	ADP
abrj-78	44	3	funding	funding	NOUN
abrj-78	44	4	for	for	ADP
abrj-78	44	5	the	the	DET
abrj-78	44	6	development	development	NOUN
abrj-78	44	7	of	of	ADP
abrj-78	44	8	the	the	DET
abrj-78	44	9	business	business	NOUN
abrj-78	44	10	sector	sector	NOUN
abrj-78	44	11	that	that	PRON
abrj-78	44	12	can	can	AUX
abrj-78	44	13	be	be	AUX
abrj-78	44	14	sought	seek	VERB
abrj-78	44	15	from	from	ADP
abrj-78	44	16	internal	internal	ADJ
abrj-78	44	17	funds	fund	NOUN
abrj-78	44	18	and	and	CCONJ
abrj-78	44	19	external	external	ADJ
abrj-78	44	20	funds	fund	NOUN
abrj-78	44	21	,	,	PUNCT
abrj-78	44	22	with	with	ADP
abrj-78	44	23	limited	limited	ADJ
abrj-78	44	24	internal	internal	ADJ
abrj-78	44	25	funds	fund	NOUN
abrj-78	44	26	,	,	PUNCT
abrj-78	44	27	companies	company	NOUN
abrj-78	44	28	can	can	AUX
abrj-78	44	29	seek	seek	VERB
abrj-78	44	30	additional	additional	ADJ
abrj-78	44	31	alternatives	alternative	NOUN
abrj-78	44	32	to	to	ADP
abrj-78	44	33	external	external	ADJ
abrj-78	44	34	funds	fund	NOUN
abrj-78	44	35	,	,	PUNCT
abrj-78	44	36	namely	namely	ADV
abrj-78	44	37	through	through	ADP
abrj-78	44	38	loans	loan	NOUN
abrj-78	44	39	and	and	CCONJ
abrj-78	44	40	selling	sell	VERB
abrj-78	44	41	securities	security	NOUN
abrj-78	44	42	through	through	ADP
abrj-78	44	43	the	the	DET
abrj-78	44	44	capital	capital	NOUN
abrj-78	44	45	market	market	NOUN
abrj-78	44	46	.	.	PUNCT
abrj-78	45	1	therefore	therefore	ADV
abrj-78	45	2	,	,	PUNCT
abrj-78	45	3	the	the	DET
abrj-78	45	4	existence	existence	NOUN
abrj-78	45	5	of	of	ADP
abrj-78	45	6	the	the	DET
abrj-78	45	7	capital	capital	NOUN
abrj-78	45	8	market	market	NOUN
abrj-78	45	9	is	be	AUX
abrj-78	45	10	very	very	ADV
abrj-78	45	11	profitable	profitable	ADJ
abrj-78	45	12	.	.	PUNCT
abrj-78	46	1	for	for	ADP
abrj-78	46	2	the	the	DET
abrj-78	46	3	company	company	NOUN
abrj-78	46	4	.	.	PUNCT
abrj-78	47	1	a	a	DET
abrj-78	47	2	capital	capital	NOUN
abrj-78	47	3	market	market	NOUN
abrj-78	47	4	is	be	AUX
abrj-78	47	5	a	a	DET
abrj-78	47	6	meeting	meeting	NOUN
abrj-78	47	7	place	place	NOUN
abrj-78	47	8	for	for	ADP
abrj-78	47	9	those	those	PRON
abrj-78	47	10	who	who	PRON
abrj-78	47	11	have	have	VERB
abrj-78	47	12	funds	fund	NOUN
abrj-78	47	13	and	and	CCONJ
abrj-78	47	14	those	those	PRON
abrj-78	47	15	who	who	PRON
abrj-78	47	16	need	need	VERB
abrj-78	47	17	funds	fund	NOUN
abrj-78	47	18	.	.	PUNCT
abrj-78	48	1	the	the	DET
abrj-78	48	2	capital	capital	NOUN
abrj-78	48	3	market	market	NOUN
abrj-78	48	4	has	have	VERB
abrj-78	48	5	various	various	ADJ
abrj-78	48	6	choices	choice	NOUN
abrj-78	48	7	of	of	ADP
abrj-78	48	8	sources	source	NOUN
abrj-78	48	9	of	of	ADP
abrj-78	48	10	funds	fund	NOUN
abrj-78	48	11	for	for	ADP
abrj-78	48	12	investors	investor	NOUN
abrj-78	48	13	as	as	ADV
abrj-78	48	14	well	well	ADV
abrj-78	48	15	as	as	ADP
abrj-78	48	16	increasing	increase	VERB
abrj-78	48	17	investment	investment	NOUN
abrj-78	48	18	.	.	PUNCT
abrj-78	49	1	investing	invest	VERB
abrj-78	49	2	in	in	ADP
abrj-78	49	3	shares	share	NOUN
abrj-78	49	4	in	in	ADP
abrj-78	49	5	the	the	DET
abrj-78	49	6	capital	capital	NOUN
abrj-78	49	7	market	market	NOUN
abrj-78	49	8	is	be	AUX
abrj-78	49	9	very	very	ADV
abrj-78	49	10	profitable	profitable	ADJ
abrj-78	49	11	for	for	ADP
abrj-78	49	12	investors	investor	NOUN
abrj-78	49	13	.	.	PUNCT
abrj-78	50	1	by	by	ADP
abrj-78	50	2	investing	invest	VERB
abrj-78	50	3	in	in	ADP
abrj-78	50	4	the	the	DET
abrj-78	50	5	capital	capital	NOUN
abrj-78	50	6	market	market	NOUN
abrj-78	50	7	,	,	PUNCT
abrj-78	50	8	investors	investor	NOUN
abrj-78	50	9	will	will	AUX
abrj-78	50	10	get	get	VERB
abrj-78	50	11	benefits	benefit	NOUN
abrj-78	50	12	in	in	ADP
abrj-78	50	13	the	the	DET
abrj-78	50	14	form	form	NOUN
abrj-78	50	15	of	of	ADP
abrj-78	50	16	dividends	dividend	NOUN
abrj-78	50	17	and	and	CCONJ
abrj-78	50	18	capital	capital	NOUN
abrj-78	50	19	gains	gain	NOUN
abrj-78	50	20	.	.	PUNCT
abrj-78	51	1	the	the	DET
abrj-78	51	2	amount	amount	NOUN
abrj-78	51	3	of	of	ADP
abrj-78	51	4	dividend	dividend	NOUN
abrj-78	51	5	distribution	distribution	NOUN
abrj-78	51	6	is	be	AUX
abrj-78	51	7	strongly	strongly	ADV
abrj-78	51	8	influenced	influence	VERB
abrj-78	51	9	by	by	ADP
abrj-78	51	10	the	the	DET
abrj-78	51	11	number	number	NOUN
abrj-78	51	12	of	of	ADP
abrj-78	51	13	earnings	earning	NOUN
abrj-78	51	14	per	per	ADP
abrj-78	51	15	share	share	NOUN
abrj-78	51	16	or	or	CCONJ
abrj-78	51	17	earnings	earning	NOUN
abrj-78	51	18	per	per	ADP
abrj-78	51	19	share	share	NOUN
abrj-78	51	20	.	.	PUNCT
abrj-78	52	1	an	an	DET
abrj-78	52	2	investor	investor	NOUN
abrj-78	52	3	will	will	AUX
abrj-78	52	4	invest	invest	VERB
abrj-78	52	5	their	their	PRON
abrj-78	52	6	funds	fund	NOUN
abrj-78	52	7	because	because	SCONJ
abrj-78	52	8	they	they	PRON
abrj-78	52	9	are	be	AUX
abrj-78	52	10	interested	interested	ADJ
abrj-78	52	11	in	in	ADP
abrj-78	52	12	the	the	DET
abrj-78	52	13	company	company	NOUN
abrj-78	52	14	's	's	PART
abrj-78	52	15	performance	performance	NOUN
abrj-78	52	16	.	.	PUNCT
abrj-78	53	1	for	for	ADP
abrj-78	53	2	this	this	DET
abrj-78	53	3	reason	reason	NOUN
abrj-78	53	4	,	,	PUNCT
abrj-78	53	5	investors	investor	NOUN
abrj-78	53	6	need	need	VERB
abrj-78	53	7	to	to	PART
abrj-78	53	8	carry	carry	VERB
abrj-78	53	9	out	out	ADP
abrj-78	53	10	fundamental	fundamental	ADJ
abrj-78	53	11	analysis	analysis	NOUN
abrj-78	53	12	,	,	PUNCT
abrj-78	53	13	namely	namely	ADV
abrj-78	53	14	analysis	analysis	NOUN
abrj-78	53	15	that	that	PRON
abrj-78	53	16	focuses	focus	VERB
abrj-78	53	17	on	on	ADP
abrj-78	53	18	financial	financial	ADJ
abrj-78	53	19	ratios	ratio	NOUN
abrj-78	53	20	and	and	CCONJ
abrj-78	53	21	events	event	NOUN
abrj-78	53	22	that	that	PRON
abrj-78	53	23	directly	directly	ADV
abrj-78	53	24	or	or	CCONJ
abrj-78	53	25	indirectly	indirectly	ADV
abrj-78	53	26	affect	affect	VERB
abrj-78	53	27	the	the	DET
abrj-78	53	28	company	company	NOUN
abrj-78	53	29	's	's	PART
abrj-78	53	30	financial	financial	ADJ
abrj-78	53	31	performance	performance	NOUN
abrj-78	53	32	(	(	PUNCT
abrj-78	53	33	tandelilin	tandelilin	NOUN
abrj-78	53	34	,	,	PUNCT
abrj-78	53	35	2010	2010	NUM
abrj-78	53	36	)	)	PUNCT
abrj-78	53	37	.	.	PUNCT
abrj-78	54	1	financial	financial	ADJ
abrj-78	54	2	ratios	ratio	NOUN
abrj-78	54	3	that	that	PRON
abrj-78	54	4	can	can	AUX
abrj-78	54	5	be	be	AUX
abrj-78	54	6	used	use	VERB
abrj-78	54	7	include	include	VERB
abrj-78	54	8	earning	earn	VERB
abrj-78	54	9	per	per	ADP
abrj-78	54	10	share	share	NOUN
abrj-78	54	11	(	(	PUNCT
abrj-78	54	12	eps	eps	PROPN
abrj-78	54	13	)	)	PUNCT
abrj-78	54	14	,	,	PUNCT
abrj-78	54	15	debt	debt	NOUN
abrj-78	54	16	to	to	ADP
abrj-78	54	17	equity	equity	NOUN
abrj-78	54	18	ratio	ratio	NOUN
abrj-78	54	19	(	(	PUNCT
abrj-78	54	20	der	der	NOUN
abrj-78	54	21	)	)	PUNCT
abrj-78	54	22	,	,	PUNCT
abrj-78	54	23	return	return	VERB
abrj-78	54	24	on	on	ADP
abrj-78	54	25	assets	asset	NOUN
abrj-78	54	26	(	(	PUNCT
abrj-78	54	27	roa	roa	NOUN
abrj-78	54	28	)	)	PUNCT
abrj-78	54	29	,	,	PUNCT
abrj-78	54	30	and	and	CCONJ
abrj-78	54	31	price	price	NOUN
abrj-78	54	32	to	to	ADP
abrj-78	54	33	book	book	NOUN
abrj-78	54	34	value	value	NOUN
abrj-78	54	35	(	(	PUNCT
abrj-78	54	36	pbv	pbv	ADJ
abrj-78	54	37	)	)	PUNCT
abrj-78	54	38	.	.	PUNCT
abrj-78	55	1	earning	earn	VERB
abrj-78	55	2	per	per	ADP
abrj-78	55	3	share	share	NOUN
abrj-78	55	4	is	be	AUX
abrj-78	55	5	one	one	NUM
abrj-78	55	6	of	of	ADP
abrj-78	55	7	the	the	DET
abrj-78	55	8	things	thing	NOUN
abrj-78	55	9	that	that	PRON
abrj-78	55	10	attracts	attract	VERB
abrj-78	55	11	investors	investor	NOUN
abrj-78	55	12	to	to	PART
abrj-78	55	13	decide	decide	VERB
abrj-78	55	14	on	on	ADP
abrj-78	55	15	investing	invest	VERB
abrj-78	55	16	their	their	PRON
abrj-78	55	17	funds	fund	NOUN
abrj-78	55	18	for	for	ADP
abrj-78	55	19	the	the	DET
abrj-78	55	20	company	company	NOUN
abrj-78	55	21	.	.	PUNCT
abrj-78	56	1	if	if	SCONJ
abrj-78	56	2	the	the	DET
abrj-78	56	3	profit	profit	NOUN
abrj-78	56	4	generated	generate	VERB
abrj-78	56	5	by	by	ADP
abrj-78	56	6	each	each	DET
abrj-78	56	7	share	share	NOUN
abrj-78	56	8	in	in	ADP
abrj-78	56	9	circulation	circulation	NOUN
abrj-78	56	10	is	be	AUX
abrj-78	56	11	so	so	ADV
abrj-78	56	12	good	good	ADJ
abrj-78	56	13	,	,	PUNCT
abrj-78	56	14	then	then	ADV
abrj-78	56	15	the	the	DET
abrj-78	56	16	welfare	welfare	NOUN
abrj-78	56	17	of	of	ADP
abrj-78	56	18	shareholders	shareholder	NOUN
abrj-78	56	19	can	can	AUX
abrj-78	56	20	be	be	AUX
abrj-78	56	21	guaranteed	guarantee	VERB
abrj-78	56	22	by	by	ADP
abrj-78	56	23	looking	look	VERB
abrj-78	56	24	at	at	ADP
abrj-78	56	25	dividend	dividend	NOUN
abrj-78	56	26	payments	payment	NOUN
abrj-78	56	27	at	at	ADP
abrj-78	56	28	the	the	DET
abrj-78	56	29	end	end	NOUN
abrj-78	56	30	of	of	ADP
abrj-78	56	31	each	each	DET
abrj-78	56	32	year	year	NOUN
abrj-78	56	33	the	the	DET
abrj-78	56	34	company	company	NOUN
abrj-78	56	35	operates	operate	VERB
abrj-78	56	36	.	.	PUNCT
abrj-78	57	1	a	a	DET
abrj-78	57	2	company	company	NOUN
abrj-78	57	3	can	can	AUX
abrj-78	57	4	be	be	AUX
abrj-78	57	5	said	say	VERB
abrj-78	57	6	to	to	PART
abrj-78	57	7	have	have	VERB
abrj-78	57	8	maximized	maximize	VERB
abrj-78	57	9	company	company	NOUN
abrj-78	57	10	value	value	NOUN
abrj-78	57	11	if	if	SCONJ
abrj-78	57	12	the	the	DET
abrj-78	57	13	earnings	earning	NOUN
abrj-78	57	14	per	per	ADP
abrj-78	57	15	share	share	NOUN
abrj-78	57	16	(	(	PUNCT
abrj-78	57	17	eps	eps	PROPN
abrj-78	57	18	)	)	PUNCT
abrj-78	57	19	obtained	obtain	VERB
abrj-78	57	20	continue	continue	VERB
abrj-78	57	21	to	to	PART
abrj-78	57	22	experience	experience	VERB
abrj-78	57	23	a	a	DET
abrj-78	57	24	high	high	ADJ
abrj-78	57	25	increase	increase	NOUN
abrj-78	57	26	in	in	ADP
abrj-78	57	27	eps	eps	PROPN
abrj-78	57	28	,	,	PUNCT
abrj-78	57	29	then	then	ADV
abrj-78	57	30	the	the	DET
abrj-78	57	31	company	company	NOUN
abrj-78	57	32	's	's	PART
abrj-78	57	33	performance	performance	NOUN
abrj-78	57	34	will	will	AUX
abrj-78	57	35	be	be	AUX
abrj-78	57	36	better	well	ADJ
abrj-78	57	37	and	and	CCONJ
abrj-78	57	38	can	can	AUX
abrj-78	57	39	show	show	VERB
abrj-78	57	40	investors	investor	NOUN
abrj-78	57	41	about	about	ADP
abrj-78	57	42	the	the	DET
abrj-78	57	43	company	company	NOUN
abrj-78	57	44	's	's	PART
abrj-78	57	45	prospects	prospect	NOUN
abrj-78	57	46	better	well	ADV
abrj-78	57	47	(	(	PUNCT
abrj-78	57	48	kukuh	kukuh	PROPN
abrj-78	57	49	,	,	PUNCT
abrj-78	57	50	2015	2015	NUM
abrj-78	57	51	)	)	PUNCT
abrj-78	57	52	which	which	PRON
abrj-78	57	53	states	state	VERB
abrj-78	57	54	that	that	SCONJ
abrj-78	57	55	earnings	earning	NOUN
abrj-78	57	56	per	per	ADP
abrj-78	57	57	share	share	NOUN
abrj-78	57	58	(	(	PUNCT
abrj-78	57	59	eps	eps	PROPN
abrj-78	57	60	)	)	PUNCT
abrj-78	57	61	affects	affect	VERB
abrj-78	57	62	firm	firm	ADJ
abrj-78	57	63	value	value	NOUN
abrj-78	57	64	.	.	PUNCT
abrj-78	58	1	debt	debt	NOUN
abrj-78	58	2	policy	policy	NOUN
abrj-78	58	3	is	be	AUX
abrj-78	58	4	a	a	DET
abrj-78	58	5	company	company	NOUN
abrj-78	58	6	policy	policy	NOUN
abrj-78	58	7	on	on	ADP
abrj-78	58	8	how	how	SCONJ
abrj-78	58	9	far	far	ADV
abrj-78	58	10	a	a	DET
abrj-78	58	11	company	company	NOUN
abrj-78	58	12	uses	use	VERB
abrj-78	58	13	debt	debt	NOUN
abrj-78	58	14	financing	financing	NOUN
abrj-78	58	15	.	.	PUNCT
abrj-78	59	1	with	with	ADP
abrj-78	59	2	debt	debt	NOUN
abrj-78	59	3	,	,	PUNCT
abrj-78	59	4	the	the	PRON
abrj-78	59	5	higher	high	ADJ
abrj-78	59	6	the	the	DET
abrj-78	59	7	proportion	proportion	NOUN
abrj-78	59	8	of	of	ADP
abrj-78	59	9	debt	debt	NOUN
abrj-78	59	10	,	,	PUNCT
abrj-78	59	11	the	the	PRON
abrj-78	59	12	higher	high	ADJ
abrj-78	59	13	the	the	DET
abrj-78	59	14	share	share	NOUN
abrj-78	59	15	price	price	NOUN
abrj-78	59	16	of	of	ADP
abrj-78	59	17	the	the	DET
abrj-78	59	18	company	company	NOUN
abrj-78	59	19	(	(	PUNCT
abrj-78	59	20	mardiyanti	mardiyanti	INTJ
abrj-78	59	21	,	,	PUNCT
abrj-78	59	22	2012	2012	NUM
abrj-78	59	23	)	)	PUNCT
abrj-78	59	24	.	.	PUNCT
abrj-78	60	1	debt	debt	NOUN
abrj-78	60	2	policy	policy	NOUN
abrj-78	60	3	needs	need	VERB
abrj-78	60	4	to	to	PART
abrj-78	60	5	be	be	AUX
abrj-78	60	6	managed	manage	VERB
abrj-78	60	7	because	because	SCONJ
abrj-78	60	8	too	too	ADV
abrj-78	60	9	high	high	ADJ
abrj-78	60	10	can	can	AUX
abrj-78	60	11	reduce	reduce	VERB
abrj-78	60	12	the	the	DET
abrj-78	60	13	company	company	NOUN
abrj-78	60	14	's	's	PART
abrj-78	60	15	value	value	NOUN
abrj-78	60	16	(	(	PUNCT
abrj-78	60	17	perdana	perdana	PROPN
abrj-78	60	18	,	,	PUNCT
abrj-78	60	19	2012	2012	NUM
abrj-78	60	20	)	)	PUNCT
abrj-78	60	21	.	.	PUNCT
abrj-78	61	1	the	the	DET
abrj-78	61	2	debt	debt	NOUN
abrj-78	61	3	policy	policy	NOUN
abrj-78	61	4	itself	itself	PRON
abrj-78	61	5	is	be	AUX
abrj-78	61	6	measured	measure	VERB
abrj-78	61	7	by	by	ADP
abrj-78	61	8	the	the	DET
abrj-78	61	9	debt	debt	NOUN
abrj-78	61	10	to	to	ADP
abrj-78	61	11	equity	equity	NOUN
abrj-78	61	12	ratio	ratio	NOUN
abrj-78	61	13	(	(	PUNCT
abrj-78	61	14	der	der	NOUN
abrj-78	61	15	)	)	PUNCT
abrj-78	61	16	.	.	PUNCT
abrj-78	62	1	however	however	ADV
abrj-78	62	2	,	,	PUNCT
abrj-78	62	3	at	at	ADP
abrj-78	62	4	a	a	DET
abrj-78	62	5	certain	certain	ADJ
abrj-78	62	6	point	point	NOUN
abrj-78	62	7	,	,	PUNCT
abrj-78	62	8	an	an	DET
abrj-78	62	9	increase	increase	NOUN
abrj-78	62	10	in	in	ADP
abrj-78	62	11	debt	debt	NOUN
abrj-78	62	12	will	will	AUX
abrj-78	62	13	reduce	reduce	VERB
abrj-78	62	14	the	the	DET
abrj-78	62	15	value	value	NOUN
abrj-78	62	16	of	of	ADP
abrj-78	62	17	the	the	DET
abrj-78	62	18	company	company	NOUN
abrj-78	62	19	because	because	SCONJ
abrj-78	62	20	the	the	DET
abrj-78	62	21	benefits	benefit	NOUN
abrj-78	62	22	obtained	obtain	VERB
abrj-78	62	23	from	from	ADP
abrj-78	62	24	the	the	DET
abrj-78	62	25	use	use	NOUN
abrj-78	62	26	of	of	ADP
abrj-78	62	27	debt	debt	NOUN
abrj-78	62	28	are	be	AUX
abrj-78	62	29	smaller	small	ADJ
abrj-78	62	30	than	than	ADP
abrj-78	62	31	the	the	DET
abrj-78	62	32	costs	cost	NOUN
abrj-78	62	33	incurred	incur	VERB
abrj-78	62	34	.	.	PUNCT
abrj-78	63	1	one	one	NUM
abrj-78	63	2	of	of	ADP
abrj-78	63	3	the	the	DET
abrj-78	63	4	ratios	ratio	NOUN
abrj-78	63	5	used	use	VERB
abrj-78	63	6	to	to	PART
abrj-78	63	7	measure	measure	VERB
abrj-78	63	8	profitability	profitability	NOUN
abrj-78	63	9	is	be	AUX
abrj-78	63	10	roa	roa	NOUN
abrj-78	63	11	(	(	PUNCT
abrj-78	63	12	return	return	VERB
abrj-78	63	13	on	on	ADP
abrj-78	63	14	assets	asset	NOUN
abrj-78	63	15	)	)	PUNCT
abrj-78	63	16	.	.	PUNCT
abrj-78	64	1	roa	roa	PROPN
abrj-78	64	2	is	be	AUX
abrj-78	64	3	used	use	VERB
abrj-78	64	4	to	to	PART
abrj-78	64	5	measure	measure	VERB
abrj-78	64	6	the	the	DET
abrj-78	64	7	company	company	NOUN
abrj-78	64	8	's	's	PART
abrj-78	64	9	ability	ability	NOUN
abrj-78	64	10	to	to	PART
abrj-78	64	11	generate	generate	VERB
abrj-78	64	12	profits	profit	NOUN
abrj-78	64	13	by	by	ADP
abrj-78	64	14	utilizing	utilize	VERB
abrj-78	64	15	its	its	PRON
abrj-78	64	16	assets	asset	NOUN
abrj-78	64	17	.	.	PUNCT
abrj-78	65	1	roa	roa	PROPN
abrj-78	65	2	is	be	AUX
abrj-78	65	3	the	the	DET
abrj-78	65	4	ratio	ratio	NOUN
abrj-78	65	5	between	between	ADP
abrj-78	65	6	net	net	ADJ
abrj-78	65	7	income	income	NOUN
abrj-78	65	8	after	after	ADP
abrj-78	65	9	tax	tax	NOUN
abrj-78	65	10	and	and	CCONJ
abrj-78	65	11	total	total	ADJ
abrj-78	65	12	assets	asset	NOUN
abrj-78	65	13	.	.	PUNCT
abrj-78	66	1	the	the	DET
abrj-78	66	2	reason	reason	NOUN
abrj-78	66	3	for	for	ADP
abrj-78	66	4	using	use	VERB
abrj-78	66	5	the	the	DET
abrj-78	66	6	roa	roa	NOUN
abrj-78	66	7	variable	variable	NOUN
abrj-78	66	8	in	in	ADP
abrj-78	66	9	this	this	DET
abrj-78	66	10	study	study	NOUN
abrj-78	66	11	is	be	AUX
abrj-78	66	12	because	because	SCONJ
abrj-78	66	13	roa	roa	PROPN
abrj-78	66	14	has	have	VERB
abrj-78	66	15	many	many	ADJ
abrj-78	66	16	advantages	advantage	NOUN
abrj-78	66	17	.	.	PUNCT
abrj-78	67	1	one	one	NUM
abrj-78	67	2	of	of	ADP
abrj-78	67	3	them	they	PRON
abrj-78	67	4	is	be	AUX
abrj-78	67	5	that	that	SCONJ
abrj-78	67	6	roa	roa	PROPN
abrj-78	67	7	can	can	AUX
abrj-78	67	8	measure	measure	VERB
abrj-78	67	9	the	the	DET
abrj-78	67	10	overall	overall	ADJ
abrj-78	67	11	efficiency	efficiency	NOUN
abrj-78	67	12	of	of	ADP
abrj-78	67	13	the	the	DET
abrj-78	67	14	use	use	NOUN
abrj-78	67	15	of	of	ADP
abrj-78	67	16	capital	capital	NOUN
abrj-78	67	17	,	,	PUNCT
abrj-78	67	18	which	which	PRON
abrj-78	67	19	is	be	AUX
abrj-78	67	20	sensitive	sensitive	ADJ
abrj-78	67	21	to	to	ADP
abrj-78	67	22	everything	everything	PRON
abrj-78	67	23	that	that	PRON
abrj-78	67	24	affects	affect	VERB
abrj-78	67	25	the	the	DET
abrj-78	67	26	condition	condition	NOUN
abrj-78	67	27	of	of	ADP
abrj-78	67	28	the	the	DET
abrj-78	67	29	company	company	NOUN
abrj-78	67	30	(	(	PUNCT
abrj-78	67	31	mardiasari	mardiasari	PROPN
abrj-78	67	32	,	,	PUNCT
abrj-78	67	33	2012	2012	NUM
abrj-78	67	34	)	)	PUNCT
abrj-78	67	35	.	.	PUNCT
abrj-78	68	1	company	company	NOUN
abrj-78	68	2	value	value	NOUN
abrj-78	68	3	is	be	AUX
abrj-78	68	4	one	one	NUM
abrj-78	68	5	of	of	ADP
abrj-78	68	6	the	the	DET
abrj-78	68	7	most	most	ADV
abrj-78	68	8	important	important	ADJ
abrj-78	68	9	things	thing	NOUN
abrj-78	68	10	that	that	PRON
abrj-78	68	11	investors	investor	NOUN
abrj-78	68	12	should	should	AUX
abrj-78	68	13	pay	pay	VERB
abrj-78	68	14	attention	attention	NOUN
abrj-78	68	15	to	to	ADP
abrj-78	68	16	when	when	SCONJ
abrj-78	68	17	making	make	VERB
abrj-78	68	18	investment	investment	NOUN
abrj-78	68	19	decisions	decision	NOUN
abrj-78	68	20	in	in	ADP
abrj-78	68	21	a	a	DET
abrj-78	68	22	company	company	NOUN
abrj-78	68	23	.	.	PUNCT
abrj-78	69	1	high	high	ADJ
abrj-78	69	2	company	company	NOUN
abrj-78	69	3	value	value	NOUN
abrj-78	69	4	is	be	AUX
abrj-78	69	5	the	the	DET
abrj-78	69	6	desire	desire	NOUN
abrj-78	69	7	of	of	ADP
abrj-78	69	8	company	company	NOUN
abrj-78	69	9	owners	owner	NOUN
abrj-78	69	10	because	because	SCONJ
abrj-78	69	11	a	a	DET
abrj-78	69	12	high	high	ADJ
abrj-78	69	13	value	value	NOUN
abrj-78	69	14	indicates	indicate	VERB
abrj-78	69	15	the	the	DET
abrj-78	69	16	prosperity	prosperity	NOUN
abrj-78	69	17	of	of	ADP
abrj-78	69	18	shareholders	shareholder	NOUN
abrj-78	69	19	is	be	AUX
abrj-78	69	20	also	also	ADV
abrj-78	69	21	high	high	ADJ
abrj-78	69	22	.	.	PUNCT
abrj-78	70	1	this	this	PRON
abrj-78	70	2	is	be	AUX
abrj-78	70	3	what	what	PRON
abrj-78	70	4	investors	investor	NOUN
abrj-78	70	5	want	want	VERB
abrj-78	70	6	in	in	ADP
abrj-78	70	7	investing	invest	VERB
abrj-78	70	8	their	their	PRON
abrj-78	70	9	funds	fund	NOUN
abrj-78	70	10	in	in	ADP
abrj-78	70	11	a	a	DET
abrj-78	70	12	company	company	NOUN
abrj-78	70	13	.	.	PUNCT
abrj-78	71	1	the	the	DET
abrj-78	71	2	company	company	NOUN
abrj-78	71	3	's	's	PART
abrj-78	71	4	investment	investment	NOUN
abrj-78	71	5	opportunity	opportunity	NOUN
abrj-78	71	6	can	can	AUX
abrj-78	71	7	be	be	AUX
abrj-78	71	8	proxied	proxie	VERB
abrj-78	71	9	by	by	ADP
abrj-78	71	10	the	the	DET
abrj-78	71	11	price	price	NOUN
abrj-78	71	12	to	to	ADP
abrj-78	71	13	book	book	NOUN
abrj-78	71	14	value	value	NOUN
abrj-78	71	15	ratio	ratio	NOUN
abrj-78	71	16	.	.	PUNCT
abrj-78	72	1	the	the	DET
abrj-78	72	2	price	price	NOUN
abrj-78	72	3	ratio	ratio	NOUN
abrj-78	72	4	or	or	CCONJ
abrj-78	72	5	book	book	NOUN
abrj-78	72	6	value	value	NOUN
abrj-78	72	7	is	be	AUX
abrj-78	72	8	a	a	DET
abrj-78	72	9	valuation	valuation	NOUN
abrj-78	72	10	ratio	ratio	NOUN
abrj-78	72	11	that	that	PRON
abrj-78	72	12	investors	investor	NOUN
abrj-78	72	13	use	use	VERB
abrj-78	72	14	to	to	PART
abrj-78	72	15	compare	compare	VERB
abrj-78	72	16	the	the	DET
abrj-78	72	17	price	price	NOUN
abrj-78	72	18	per	per	ADP
abrj-78	72	19	share	share	NOUN
abrj-78	72	20	with	with	ADP
abrj-78	72	21	its	its	PRON
abrj-78	72	22	book	book	NOUN
abrj-78	72	23	value	value	NOUN
abrj-78	72	24	(	(	PUNCT
abrj-78	72	25	shareholder	shareholder	NOUN
abrj-78	72	26	's	's	PART
abrj-78	72	27	equity	equity	NOUN
abrj-78	72	28	)	)	PUNCT
abrj-78	72	29	.	.	PUNCT
abrj-78	73	1	the	the	DET
abrj-78	73	2	price	price	NOUN
abrj-78	73	3	to	to	ADP
abrj-78	73	4	book	book	NOUN
abrj-78	73	5	value	value	NOUN
abrj-78	73	6	can	can	AUX
abrj-78	73	7	be	be	AUX
abrj-78	73	8	a	a	DET
abrj-78	73	9	determining	determine	VERB
abrj-78	73	10	indicator	indicator	NOUN
abrj-78	73	11	of	of	ADP
abrj-78	73	12	the	the	DET
abrj-78	73	13	high	high	ADJ
abrj-78	73	14	and	and	CCONJ
abrj-78	73	15	low	low	ADJ
abrj-78	73	16	investment	investment	NOUN
abrj-78	73	17	opportunities	opportunity	NOUN
abrj-78	73	18	of	of	ADP
abrj-78	73	19	a	a	DET
abrj-78	73	20	company	company	NOUN
abrj-78	73	21	.	.	PUNCT
abrj-78	74	1	companies	company	NOUN
abrj-78	74	2	usually	usually	ADV
abrj-78	74	3	tend	tend	VERB
abrj-78	74	4	to	to	PART
abrj-78	74	5	buy	buy	VERB
abrj-78	74	6	stocks	stock	NOUN
abrj-78	74	7	when	when	SCONJ
abrj-78	74	8	the	the	DET
abrj-78	74	9	price	price	NOUN
abrj-78	74	10	to	to	ADP
abrj-78	74	11	book	book	NOUN
abrj-78	74	12	value	value	NOUN
abrj-78	74	13	is	be	AUX
abrj-78	74	14	low	low	ADJ
abrj-78	74	15	in	in	ADP
abrj-78	74	16	the	the	DET
abrj-78	74	17	hope	hope	NOUN
abrj-78	74	18	that	that	SCONJ
abrj-78	74	19	the	the	DET
abrj-78	74	20	stock	stock	NOUN
abrj-78	74	21	price	price	NOUN
abrj-78	74	22	can	can	AUX
abrj-78	74	23	increase	increase	VERB
abrj-78	74	24	at	at	ADP
abrj-78	74	25	any	any	DET
abrj-78	74	26	time	time	NOUN
abrj-78	74	27	.	.	PUNCT
abrj-78	75	1	while	while	SCONJ
abrj-78	75	2	companies	company	NOUN
abrj-78	75	3	tend	tend	VERB
abrj-78	75	4	to	to	PART
abrj-78	75	5	hold	hold	VERB
abrj-78	75	6	cash	cash	NOUN
abrj-78	75	7	in	in	ADP
abrj-78	75	8	small	small	ADJ
abrj-78	75	9	amounts	amount	NOUN
abrj-78	75	10	when	when	SCONJ
abrj-78	75	11	the	the	DET
abrj-78	75	12	price	price	NOUN
abrj-78	75	13	to	to	ADP
abrj-78	75	14	book	book	NOUN
abrj-78	75	15	value	value	NOUN
abrj-78	75	16	is	be	AUX
abrj-78	75	17	high	high	ADJ
abrj-78	75	18	because	because	SCONJ
abrj-78	75	19	the	the	DET
abrj-78	75	20	company	company	NOUN
abrj-78	75	21	's	's	PART
abrj-78	75	22	stock	stock	NOUN
abrj-78	75	23	price	price	NOUN
abrj-78	75	24	is	be	AUX
abrj-78	75	25	already	already	ADV
abrj-78	75	26	high	high	ADJ
abrj-78	75	27	or	or	CCONJ
abrj-78	75	28	reaches	reach	VERB
abrj-78	75	29	a	a	DET
abrj-78	75	30	maximum	maximum	ADJ
abrj-78	75	31	amount	amount	NOUN
abrj-78	75	32	,	,	PUNCT
abrj-78	75	33	then	then	ADV
abrj-78	75	34	the	the	DET
abrj-78	75	35	investment	investment	NOUN
abrj-78	75	36	opportunity	opportunity	NOUN
abrj-78	75	37	is	be	AUX
abrj-78	75	38	low	low	ADJ
abrj-78	75	39	.	.	PUNCT
abrj-78	76	1	based	base	VERB
abrj-78	76	2	on	on	ADP
abrj-78	76	3	the	the	DET
abrj-78	76	4	pbv	pbv	ADJ
abrj-78	76	5	ratio	ratio	NOUN
abrj-78	76	6	,	,	PUNCT
abrj-78	76	7	it	it	PRON
abrj-78	76	8	can	can	AUX
abrj-78	76	9	be	be	AUX
abrj-78	76	10	seen	see	VERB
abrj-78	76	11	that	that	SCONJ
abrj-78	76	12	the	the	DET
abrj-78	76	13	company	company	NOUN
abrj-78	76	14	value	value	NOUN
abrj-78	76	15	is	be	AUX
abrj-78	76	16	good	good	ADJ
abrj-78	76	17	when	when	SCONJ
abrj-78	76	18	the	the	DET
abrj-78	76	19	pbv	pbv	ADJ
abrj-78	76	20	value	value	NOUN
abrj-78	76	21	is	be	AUX
abrj-78	76	22	above	above	ADP
abrj-78	76	23	one	one	NUM
abrj-78	76	24	,	,	PUNCT
abrj-78	76	25	that	that	ADV
abrj-78	76	26	is	is	ADV
abrj-78	76	27	,	,	PUNCT
abrj-78	76	28	asian	asian	ADJ
abrj-78	76	29	business	business	NOUN
abrj-78	76	30	research	research	NOUN
abrj-78	76	31	journal	journal	NOUN
abrj-78	76	32	,	,	PUNCT
abrj-78	76	33	2020	2020	NUM
abrj-78	76	34	,	,	PUNCT
abrj-78	76	35	5	5	NUM
abrj-78	76	36	:	:	SYM
abrj-78	76	37	39	39	NUM
abrj-78	76	38	-	-	SYM
abrj-78	76	39	47	47	NUM
abrj-78	76	40	41	41	NUM
abrj-78	76	41	©	©	ADP
abrj-78	76	42	2020	2020	NUM
abrj-78	76	43	by	by	ADP
abrj-78	76	44	the	the	DET
abrj-78	76	45	authors	author	NOUN
abrj-78	76	46	;	;	PUNCT
abrj-78	76	47	licensee	licensee	NOUN
abrj-78	76	48	eastern	eastern	ADJ
abrj-78	76	49	centre	centre	NOUN
abrj-78	76	50	of	of	ADP
abrj-78	76	51	science	science	NOUN
abrj-78	76	52	and	and	CCONJ
abrj-78	76	53	education	education	NOUN
abrj-78	76	54	,	,	PUNCT
abrj-78	76	55	usa	usa	PROPN
abrj-78	76	56	the	the	DET
abrj-78	76	57	market	market	NOUN
abrj-78	76	58	value	value	NOUN
abrj-78	76	59	is	be	AUX
abrj-78	76	60	greater	great	ADJ
abrj-78	76	61	than	than	ADP
abrj-78	76	62	the	the	DET
abrj-78	76	63	company	company	NOUN
abrj-78	76	64	's	's	PART
abrj-78	76	65	book	book	NOUN
abrj-78	76	66	value	value	NOUN
abrj-78	76	67	.	.	PUNCT
abrj-78	77	1	the	the	PRON
abrj-78	77	2	higher	high	ADJ
abrj-78	77	3	the	the	DET
abrj-78	77	4	pbv	pbv	ADJ
abrj-78	77	5	value	value	NOUN
abrj-78	77	6	,	,	PUNCT
abrj-78	77	7	the	the	PRON
abrj-78	77	8	better	well	ADJ
abrj-78	77	9	the	the	DET
abrj-78	77	10	company	company	NOUN
abrj-78	77	11	value	value	NOUN
abrj-78	77	12	.	.	PUNCT
abrj-78	78	1	conversely	conversely	ADV
abrj-78	78	2	,	,	PUNCT
abrj-78	78	3	if	if	SCONJ
abrj-78	78	4	pbv	pbv	ADJ
abrj-78	78	5	is	be	AUX
abrj-78	78	6	below	below	ADP
abrj-78	78	7	one	one	NUM
abrj-78	78	8	,	,	PUNCT
abrj-78	78	9	it	it	PRON
abrj-78	78	10	reflects	reflect	VERB
abrj-78	78	11	the	the	DET
abrj-78	78	12	company	company	NOUN
abrj-78	78	13	's	's	PART
abrj-78	78	14	value	value	NOUN
abrj-78	78	15	is	be	AUX
abrj-78	78	16	not	not	PART
abrj-78	78	17	good	good	ADJ
abrj-78	78	18	.	.	PUNCT
abrj-78	79	1	so	so	ADV
abrj-78	79	2	that	that	SCONJ
abrj-78	79	3	investors	investor	NOUN
abrj-78	79	4	'	'	PART
abrj-78	79	5	perceptions	perception	NOUN
abrj-78	79	6	of	of	ADP
abrj-78	79	7	the	the	DET
abrj-78	79	8	company	company	NOUN
abrj-78	79	9	are	be	AUX
abrj-78	79	10	also	also	ADV
abrj-78	79	11	not	not	PART
abrj-78	79	12	good	good	ADJ
abrj-78	79	13	,	,	PUNCT
abrj-78	79	14	because	because	SCONJ
abrj-78	79	15	the	the	DET
abrj-78	79	16	pbv	pbv	ADJ
abrj-78	79	17	value	value	NOUN
abrj-78	79	18	below	below	ADP
abrj-78	79	19	one	one	NUM
abrj-78	79	20	illustrates	illustrate	VERB
abrj-78	79	21	the	the	DET
abrj-78	79	22	company	company	NOUN
abrj-78	79	23	's	's	PART
abrj-78	79	24	selling	selling	NOUN
abrj-78	79	25	price	price	NOUN
abrj-78	79	26	is	be	AUX
abrj-78	79	27	lower	low	ADJ
abrj-78	79	28	than	than	ADP
abrj-78	79	29	the	the	DET
abrj-78	79	30	company	company	NOUN
abrj-78	79	31	's	's	PART
abrj-78	79	32	book	book	NOUN
abrj-78	79	33	value	value	NOUN
abrj-78	79	34	.	.	PUNCT
abrj-78	80	1	table-2	table-2	NUM
abrj-78	80	2	.	.	NOUN
abrj-78	80	3	value	value	NOUN
abrj-78	80	4	of	of	ADP
abrj-78	80	5	der	der	NOUN
abrj-78	80	6	,	,	PUNCT
abrj-78	80	7	roa	roa	PROPN
abrj-78	80	8	,	,	PUNCT
abrj-78	80	9	eps	eps	PROPN
abrj-78	80	10	,	,	PUNCT
abrj-78	80	11	and	and	CCONJ
abrj-78	80	12	pbv	pbv	VERB
abrj-78	80	13	in	in	ADP
abrj-78	80	14	2012	2012	NUM
abrj-78	80	15	-	-	SYM
abrj-78	80	16	2016	2016	NUM
abrj-78	80	17	the	the	DET
abrj-78	80	18	five	five	NUM
abrj-78	80	19	largest	large	ADJ
abrj-78	80	20	manufacturing	manufacture	VERB
abrj-78	80	21	companies	company	NOUN
abrj-78	80	22	in	in	ADP
abrj-78	80	23	indonesia	indonesia	PROPN
abrj-78	80	24	.	.	PUNCT
abrj-78	81	1	company	company	NOUN
abrj-78	81	2	name	name	NOUN
abrj-78	81	3	years	year	NOUN
abrj-78	81	4	pbv	pbv	VERB
abrj-78	81	5	(	(	PUNCT
abrj-78	81	6	x	x	NOUN
abrj-78	81	7	)	)	PUNCT
abrj-78	81	8	der	der	NOUN
abrj-78	81	9	(	(	PUNCT
abrj-78	81	10	x	x	NOUN
abrj-78	81	11	)	)	PUNCT
abrj-78	81	12	eps	eps	PROPN
abrj-78	81	13	(	(	PUNCT
abrj-78	81	14	rp	rp	NOUN
abrj-78	81	15	)	)	PUNCT
abrj-78	81	16	roa	roa	NOUN
abrj-78	81	17	(	(	PUNCT
abrj-78	81	18	%	%	NOUN
abrj-78	81	19	)	)	PUNCT
abrj-78	81	20	pt	pt	PROPN
abrj-78	81	21	.	.	PROPN
abrj-78	81	22	gudang	gudang	PROPN
abrj-78	81	23	garam	garam	PROPN
abrj-78	81	24	,	,	PUNCT
abrj-78	81	25	tbk	tbk	PROPN
abrj-78	81	26	2012	2012	NUM
abrj-78	81	27	4,07	4,07	NUM
abrj-78	81	28	0,56	0,56	NOUN
abrj-78	82	1	2086,06	2086,06	NUM
abrj-78	82	2	9,8	9,8	NUM
abrj-78	82	3	2013	2013	NUM
abrj-78	82	4	2,75	2,75	NOUN
abrj-78	82	5	0,73	0,73	NUM
abrj-78	83	1	2249,76	2249,76	NUM
abrj-78	83	2	8,63	8,63	NUM
abrj-78	83	3	2014	2014	NUM
abrj-78	83	4	3,66	3,66	NUM
abrj-78	83	5	0,75	0,75	NUM
abrj-78	84	1	2790,76	2790,76	NUM
abrj-78	84	2	9,27	9,27	NUM
abrj-78	84	3	2015	2015	NUM
abrj-78	85	1	2,78	2,78	NUM
abrj-78	85	2	0,67	0,67	PUNCT
abrj-78	86	1	3344,78	3344,78	NUM
abrj-78	86	2	10,16	10,16	NUM
abrj-78	86	3	2016	2016	NUM
abrj-78	86	4	3,27	3,27	NUM
abrj-78	87	1	0,59	0,59	NUM
abrj-78	87	2	3470,26	3470,26	NUM
abrj-78	87	3	10,6	10,6	NUM
abrj-78	87	4	pt	pt	PROPN
abrj-78	87	5	.	.	PROPN
abrj-78	87	6	indofood	indofood	PROPN
abrj-78	87	7	sukses	sukses	PROPN
abrj-78	87	8	makmur	makmur	PROPN
abrj-78	87	9	,	,	PUNCT
abrj-78	87	10	tbk	tbk	PROPN
abrj-78	87	11	2012	2012	NUM
abrj-78	87	12	1,50	1,50	NUM
abrj-78	87	13	0,74	0,74	SYM
abrj-78	87	14	371,41	371,41	NUM
abrj-78	87	15	8,06	8,06	NUM
abrj-78	87	16	2013	2013	NUM
abrj-78	87	17	1,51	1,51	NUM
abrj-78	87	18	1,04	1,04	NUM
abrj-78	87	19	285,16	285,16	NUM
abrj-78	87	20	4,38	4,38	NUM
abrj-78	87	21	2014	2014	NUM
abrj-78	87	22	1,45	1,45	NUM
abrj-78	87	23	1,08	1,08	NUM
abrj-78	87	24	442,50	442,50	NUM
abrj-78	88	1	5,99	5,99	PROPN
abrj-78	88	2	2015	2015	NUM
abrj-78	88	3	1,05	1,05	NUM
abrj-78	88	4	1,13	1,13	NUM
abrj-78	88	5	338,02	338,02	NUM
abrj-78	88	6	4,04	4,04	NUM
abrj-78	88	7	2016	2016	NUM
abrj-78	88	8	1,55	1,55	NUM
abrj-78	88	9	0,87	0,87	NOUN
abrj-78	88	10	472,02	472,02	PROPN
abrj-78	88	11	6,41	6,41	NUM
abrj-78	88	12	pt	pt	PROPN
abrj-78	88	13	.	.	PROPN
abrj-78	88	14	kalbe	kalbe	PROPN
abrj-78	88	15	farma	farma	PROPN
abrj-78	88	16	,	,	PUNCT
abrj-78	88	17	tbk	tbk	NOUN
abrj-78	88	18	2012	2012	NUM
abrj-78	88	19	7,30	7,30	PROPN
abrj-78	88	20	0,28	0,28	PUNCT
abrj-78	89	1	28,45	28,45	NUM
abrj-78	89	2	18,85	18,85	NUM
abrj-78	89	3	2013	2013	NUM
abrj-78	89	4	6,89	6,89	NUM
abrj-78	89	5	0,33	0,33	PROPN
abrj-78	89	6	37,80	37,80	NUM
abrj-78	89	7	17,41	17,41	NUM
abrj-78	89	8	2014	2014	NUM
abrj-78	89	9	9,30	9,30	NOUN
abrj-78	89	10	0,27	0,27	NUM
abrj-78	90	1	44,05	44,05	NUM
abrj-78	90	2	17,07	17,07	NUM
abrj-78	90	3	2015	2015	NUM
abrj-78	90	4	5,66	5,66	NUM
abrj-78	90	5	0,25	0,25	NUM
abrj-78	90	6	42,76	42,76	NUM
abrj-78	90	7	15,02	15,02	NUM
abrj-78	90	8	2016	2016	NUM
abrj-78	90	9	6,01	6,01	NOUN
abrj-78	90	10	0,22	0,22	X
abrj-78	90	11	49,06	49,06	NUM
abrj-78	90	12	15,44	15,44	NUM
abrj-78	90	13	pt	pt	PROPN
abrj-78	90	14	.	.	PROPN
abrj-78	90	15	semen	semen	PROPN
abrj-78	90	16	indonesia	indonesia	PROPN
abrj-78	90	17	(	(	PUNCT
abrj-78	90	18	persero	persero	PROPN
abrj-78	90	19	)	)	PUNCT
abrj-78	90	20	,	,	PUNCT
abrj-78	90	21	tbk	tbk	PROPN
abrj-78	90	22	2012	2012	NUM
abrj-78	90	23	5,18	5,18	PROPN
abrj-78	90	24	0,46	0,46	NOUN
abrj-78	90	25	817,20	817,20	NUM
abrj-78	90	26	18,54	18,54	NUM
abrj-78	90	27	2013	2013	NUM
abrj-78	90	28	3,85	3,85	NUM
abrj-78	90	29	0,41	0,41	NOUN
abrj-78	90	30	905,37	905,37	NUM
abrj-78	90	31	17,39	17,39	NOUN
abrj-78	90	32	2014	2014	NUM
abrj-78	90	33	4,09	4,09	NUM
abrj-78	90	34	0,37	0,37	NUM
abrj-78	90	35	938,35	938,35	VERB
abrj-78	91	1	16,24	16,24	NUM
abrj-78	91	2	2015	2015	NUM
abrj-78	91	3	2,46	2,46	NUM
abrj-78	91	4	0,39	0,39	ADP
abrj-78	91	5	762,28	762,28	NUM
abrj-78	91	6	11,86	11,86	NUM
abrj-78	91	7	2016	2016	NUM
abrj-78	91	8	1,91	1,91	NUM
abrj-78	92	1	0,45	0,45	NUM
abrj-78	92	2	762,30	762,30	NOUN
abrj-78	92	3	10,25	10,25	NUM
abrj-78	92	4	pt	pt	PROPN
abrj-78	92	5	.	.	PROPN
abrj-78	92	6	unilever	unilever	PROPN
abrj-78	92	7	indonesia	indonesia	PROPN
abrj-78	92	8	,	,	PUNCT
abrj-78	92	9	tbk	tbk	PROPN
abrj-78	92	10	2012	2012	NUM
abrj-78	92	11	40,09	40,09	NOUN
abrj-78	92	12	2,02	2,02	NUM
abrj-78	92	13	634,24	634,24	NUM
abrj-78	92	14	40,38	40,38	NOUN
abrj-78	92	15	2013	2013	NUM
abrj-78	92	16	46,63	46,63	NUM
abrj-78	92	17	2,14	2,14	NUM
abrj-78	92	18	701,52	701,52	NUM
abrj-78	92	19	71,51	71,51	NUM
abrj-78	92	20	2014	2014	NUM
abrj-78	92	21	45,03	45,03	NUM
abrj-78	92	22	2,11	2,11	NOUN
abrj-78	92	23	752,10	752,10	NOUN
abrj-78	92	24	40,18	40,18	NOUN
abrj-78	92	25	2015	2015	NUM
abrj-78	92	26	58,48	58,48	NOUN
abrj-78	92	27	2,26	2,26	NUM
abrj-78	92	28	766,95	766,95	NOUN
abrj-78	92	29	37,2	37,2	NUM
abrj-78	92	30	2016	2016	NUM
abrj-78	92	31	46,67	46,67	NUM
abrj-78	92	32	2,56	2,56	PROPN
abrj-78	92	33	837,57	837,57	NOUN
abrj-78	92	34	38,16	38,16	NUM
abrj-78	92	35	when	when	SCONJ
abrj-78	92	36	viewed	view	VERB
abrj-78	92	37	from	from	ADP
abrj-78	92	38	table	table	NOUN
abrj-78	92	39	2	2	NUM
abrj-78	92	40	,	,	PUNCT
abrj-78	92	41	at	at	ADP
abrj-78	92	42	pt	pt	PROPN
abrj-78	92	43	gudang	gudang	PROPN
abrj-78	92	44	garam	garam	PROPN
abrj-78	92	45	,	,	PUNCT
abrj-78	92	46	tbk	tbk	PROPN
abrj-78	92	47	.	.	PUNCT
abrj-78	93	1	pbv	pbv	PROPN
abrj-78	93	2	has	have	AUX
abrj-78	93	3	increased	increase	VERB
abrj-78	93	4	and	and	CCONJ
abrj-78	93	5	decreased	decrease	VERB
abrj-78	93	6	fluctuating	fluctuating	NOUN
abrj-78	93	7	while	while	SCONJ
abrj-78	93	8	der	der	NOUN
abrj-78	93	9	has	have	AUX
abrj-78	93	10	decreased	decrease	VERB
abrj-78	93	11	in	in	ADP
abrj-78	93	12	2015	2015	NUM
abrj-78	93	13	by	by	ADP
abrj-78	93	14	0.08	0.08	NUM
abrj-78	93	15	,	,	PUNCT
abrj-78	93	16	roa	roa	PROPN
abrj-78	93	17	has	have	AUX
abrj-78	93	18	decreased	decrease	VERB
abrj-78	93	19	in	in	ADP
abrj-78	93	20	2013	2013	NUM
abrj-78	93	21	and	and	CCONJ
abrj-78	93	22	then	then	ADV
abrj-78	93	23	increased	increase	VERB
abrj-78	93	24	again	again	ADV
abrj-78	93	25	until	until	ADP
abrj-78	93	26	2016	2016	NUM
abrj-78	93	27	.	.	PUNCT
abrj-78	94	1	eps	eps	PROPN
abrj-78	94	2	has	have	AUX
abrj-78	94	3	increased	increase	VERB
abrj-78	94	4	from	from	ADP
abrj-78	94	5	2012	2012	NUM
abrj-78	94	6	to	to	ADP
abrj-78	94	7	2015	2015	NUM
abrj-78	94	8	.	.	PUNCT
abrj-78	95	1	at	at	ADP
abrj-78	95	2	pt	pt	PROPN
abrj-78	95	3	indofood	indofood	NOUN
abrj-78	95	4	sukses	sukse	NOUN
abrj-78	95	5	makmur	makmur	PROPN
abrj-78	95	6	,	,	PUNCT
abrj-78	95	7	tbk	tbk	NOUN
abrj-78	95	8	,	,	PUNCT
abrj-78	95	9	pbv	pbv	ADJ
abrj-78	95	10	has	have	AUX
abrj-78	95	11	decreased	decrease	VERB
abrj-78	95	12	in	in	ADP
abrj-78	95	13	2014	2014	NUM
abrj-78	95	14	by	by	ADP
abrj-78	95	15	0.06	0.06	NUM
abrj-78	95	16	and	and	CCONJ
abrj-78	95	17	2015	2015	NUM
abrj-78	95	18	by	by	ADP
abrj-78	95	19	0.4	0.4	NUM
abrj-78	95	20	,	,	PUNCT
abrj-78	95	21	while	while	SCONJ
abrj-78	95	22	der	der	NOUN
abrj-78	95	23	has	have	AUX
abrj-78	95	24	decreased	decrease	VERB
abrj-78	95	25	in	in	ADP
abrj-78	95	26	2015	2015	NUM
abrj-78	95	27	by	by	ADP
abrj-78	95	28	0.26	0.26	NUM
abrj-78	95	29	,	,	PUNCT
abrj-78	95	30	roa	roa	PROPN
abrj-78	95	31	,	,	PUNCT
abrj-78	95	32	and	and	CCONJ
abrj-78	95	33	eps	eps	PROPN
abrj-78	95	34	have	have	AUX
abrj-78	95	35	fluctuated	fluctuate	VERB
abrj-78	95	36	increases	increase	NOUN
abrj-78	95	37	and	and	CCONJ
abrj-78	95	38	decreases	decrease	NOUN
abrj-78	95	39	.	.	PUNCT
abrj-78	96	1	at	at	ADP
abrj-78	96	2	pt	pt	PROPN
abrj-78	96	3	kalbe	kalbe	PROPN
abrj-78	96	4	farma	farma	PROPN
abrj-78	96	5	,	,	PUNCT
abrj-78	96	6	tbk	tbk	NOUN
abrj-78	96	7	,	,	PUNCT
abrj-78	96	8	pbv	pbv	VERB
abrj-78	96	9	has	have	AUX
abrj-78	96	10	fluctuated	fluctuate	VERB
abrj-78	96	11	increases	increase	NOUN
abrj-78	96	12	and	and	CCONJ
abrj-78	96	13	decreases	decrease	NOUN
abrj-78	96	14	,	,	PUNCT
abrj-78	96	15	while	while	SCONJ
abrj-78	96	16	der	der	NOUN
abrj-78	96	17	continues	continue	VERB
abrj-78	96	18	to	to	PART
abrj-78	96	19	decline	decline	VERB
abrj-78	96	20	from	from	ADP
abrj-78	96	21	2014	2014	NUM
abrj-78	96	22	to	to	ADP
abrj-78	96	23	2015	2015	NUM
abrj-78	96	24	,	,	PUNCT
abrj-78	96	25	roa	roa	PROPN
abrj-78	96	26	has	have	AUX
abrj-78	96	27	decreased	decrease	VERB
abrj-78	96	28	each	each	DET
abrj-78	96	29	year	year	NOUN
abrj-78	96	30	,	,	PUNCT
abrj-78	96	31	eps	eps	PROPN
abrj-78	96	32	has	have	AUX
abrj-78	96	33	decreased	decrease	VERB
abrj-78	96	34	in	in	ADP
abrj-78	96	35	2015	2015	NUM
abrj-78	96	36	by	by	ADP
abrj-78	96	37	1.29	1.29	NUM
abrj-78	96	38	.	.	PUNCT
abrj-78	97	1	at	at	ADP
abrj-78	97	2	pt	pt	PROPN
abrj-78	97	3	semen	semen	PROPN
abrj-78	97	4	indonesia	indonesia	PROPN
abrj-78	97	5	(	(	PUNCT
abrj-78	97	6	persero	persero	PROPN
abrj-78	97	7	)	)	PUNCT
abrj-78	97	8	,	,	PUNCT
abrj-78	97	9	tbk	tbk	NOUN
abrj-78	97	10	pbv	pbv	VERB
abrj-78	97	11	there	there	PRON
abrj-78	97	12	has	have	AUX
abrj-78	97	13	been	be	AUX
abrj-78	97	14	a	a	DET
abrj-78	97	15	fluctuating	fluctuate	VERB
abrj-78	97	16	increase	increase	NOUN
abrj-78	97	17	and	and	CCONJ
abrj-78	97	18	decrease	decrease	NOUN
abrj-78	97	19	while	while	SCONJ
abrj-78	97	20	der	der	NOUN
abrj-78	97	21	has	have	AUX
abrj-78	97	22	decreased	decrease	VERB
abrj-78	97	23	from	from	ADP
abrj-78	97	24	2013	2013	NUM
abrj-78	97	25	to	to	ADP
abrj-78	97	26	2015	2015	NUM
abrj-78	97	27	and	and	CCONJ
abrj-78	97	28	increased	increase	VERB
abrj-78	97	29	again	again	ADV
abrj-78	97	30	until	until	ADP
abrj-78	97	31	2015	2015	NUM
abrj-78	97	32	,	,	PUNCT
abrj-78	97	33	roa	roa	PROPN
abrj-78	97	34	has	have	AUX
abrj-78	97	35	decreased	decrease	VERB
abrj-78	97	36	every	every	DET
abrj-78	97	37	year	year	NOUN
abrj-78	97	38	,	,	PUNCT
abrj-78	97	39	eps	eps	PROPN
abrj-78	97	40	has	have	AUX
abrj-78	97	41	decreased	decrease	VERB
abrj-78	97	42	from	from	ADP
abrj-78	97	43	2015	2015	NUM
abrj-78	97	44	.	.	PUNCT
abrj-78	98	1	at	at	ADP
abrj-78	98	2	pt	pt	PROPN
abrj-78	98	3	unilever	unilever	PROPN
abrj-78	98	4	indonesia	indonesia	PROPN
abrj-78	98	5	,	,	PUNCT
abrj-78	98	6	tbk	tbk	PROPN
abrj-78	98	7	,	,	PUNCT
abrj-78	98	8	pbv	pbv	VERB
abrj-78	98	9	and	and	CCONJ
abrj-78	98	10	der	der	ADJ
abrj-78	98	11	have	have	AUX
abrj-78	98	12	fluctuated	fluctuate	VERB
abrj-78	98	13	increases	increase	NOUN
abrj-78	98	14	and	and	CCONJ
abrj-78	98	15	decreases	decrease	NOUN
abrj-78	98	16	,	,	PUNCT
abrj-78	98	17	roa	roa	PROPN
abrj-78	98	18	has	have	AUX
abrj-78	98	19	increased	increase	VERB
abrj-78	98	20	in	in	ADP
abrj-78	98	21	2013	2013	NUM
abrj-78	98	22	then	then	ADV
abrj-78	98	23	decreased	decrease	VERB
abrj-78	98	24	again	again	ADV
abrj-78	98	25	until	until	ADP
abrj-78	98	26	2016	2016	NUM
abrj-78	98	27	,	,	PUNCT
abrj-78	98	28	while	while	SCONJ
abrj-78	98	29	eps	eps	PROPN
abrj-78	98	30	has	have	AUX
abrj-78	98	31	increased	increase	VERB
abrj-78	98	32	from	from	ADP
abrj-78	98	33	2012	2012	NUM
abrj-78	98	34	to	to	ADP
abrj-78	98	35	2015	2015	NUM
abrj-78	98	36	.	.	PUNCT
abrj-78	99	1	substantially	substantially	ADV
abrj-78	99	2	,	,	PUNCT
abrj-78	99	3	a	a	DET
abrj-78	99	4	high	high	ADJ
abrj-78	99	5	eps	eps	NOUN
abrj-78	99	6	indicates	indicate	VERB
abrj-78	99	7	that	that	SCONJ
abrj-78	99	8	roa	roa	PROPN
abrj-78	99	9	is	be	AUX
abrj-78	99	10	high	high	ADJ
abrj-78	99	11	as	as	ADV
abrj-78	99	12	well	well	ADV
abrj-78	99	13	as	as	ADP
abrj-78	99	14	firm	firm	ADJ
abrj-78	99	15	value	value	NOUN
abrj-78	99	16	.	.	PUNCT
abrj-78	100	1	roa	roa	PROPN
abrj-78	100	2	is	be	AUX
abrj-78	100	3	an	an	DET
abrj-78	100	4	important	important	ADJ
abrj-78	100	5	indicator	indicator	NOUN
abrj-78	100	6	in	in	ADP
abrj-78	100	7	determining	determine	VERB
abrj-78	100	8	earnings	earning	NOUN
abrj-78	100	9	growth	growth	NOUN
abrj-78	100	10	.	.	PUNCT
abrj-78	101	1	on	on	ADP
abrj-78	101	2	the	the	DET
abrj-78	101	3	other	other	ADJ
abrj-78	101	4	hand	hand	NOUN
abrj-78	101	5	,	,	PUNCT
abrj-78	101	6	the	the	DET
abrj-78	101	7	higher	high	ADJ
abrj-78	101	8	use	use	NOUN
abrj-78	101	9	of	of	ADP
abrj-78	101	10	debt	debt	NOUN
abrj-78	101	11	will	will	AUX
abrj-78	101	12	cause	cause	VERB
abrj-78	101	13	lower	low	ADJ
abrj-78	101	14	eps	ep	NOUN
abrj-78	101	15	and	and	CCONJ
abrj-78	101	16	corporate	corporate	ADJ
abrj-78	101	17	value	value	NOUN
abrj-78	101	18	.	.	PUNCT
abrj-78	102	1	the	the	PRON
abrj-78	102	2	higher	high	ADJ
abrj-78	102	3	the	the	DET
abrj-78	102	4	debt	debt	NOUN
abrj-78	102	5	,	,	PUNCT
abrj-78	102	6	the	the	PRON
abrj-78	102	7	higher	high	ADJ
abrj-78	102	8	the	the	DET
abrj-78	102	9	interest	interest	NOUN
abrj-78	102	10	expense	expense	NOUN
abrj-78	102	11	borne	bear	VERB
abrj-78	102	12	by	by	ADP
abrj-78	102	13	the	the	DET
abrj-78	102	14	company	company	NOUN
abrj-78	102	15	and	and	CCONJ
abrj-78	102	16	can	can	AUX
abrj-78	102	17	reduce	reduce	VERB
abrj-78	102	18	eps	eps	PROPN
abrj-78	102	19	.	.	PROPN
abrj-78	102	20	however	however	ADV
abrj-78	102	21	,	,	PUNCT
abrj-78	102	22	based	base	VERB
abrj-78	102	23	on	on	ADP
abrj-78	102	24	the	the	DET
abrj-78	102	25	observations	observation	NOUN
abrj-78	102	26	that	that	PRON
abrj-78	102	27	the	the	DET
abrj-78	102	28	author	author	NOUN
abrj-78	102	29	has	have	AUX
abrj-78	102	30	made	make	VERB
abrj-78	102	31	on	on	ADP
abrj-78	102	32	certain	certain	ADJ
abrj-78	102	33	manufacturing	manufacture	VERB
abrj-78	102	34	companies	company	NOUN
abrj-78	102	35	that	that	PRON
abrj-78	102	36	have	have	AUX
abrj-78	102	37	gone	go	VERB
abrj-78	102	38	public	public	ADJ
abrj-78	102	39	,	,	PUNCT
abrj-78	102	40	which	which	PRON
abrj-78	102	41	are	be	AUX
abrj-78	102	42	listed	list	VERB
abrj-78	102	43	in	in	ADP
abrj-78	102	44	table	table	NOUN
abrj-78	102	45	1	1	NUM
abrj-78	102	46	and	and	CCONJ
abrj-78	102	47	2	2	NUM
abrj-78	102	48	,	,	PUNCT
abrj-78	102	49	there	there	PRON
abrj-78	102	50	is	be	VERB
abrj-78	102	51	a	a	DET
abrj-78	102	52	phenomenon	phenomenon	NOUN
abrj-78	102	53	that	that	PRON
abrj-78	102	54	is	be	AUX
abrj-78	102	55	somewhat	somewhat	ADV
abrj-78	102	56	different	different	ADJ
abrj-78	102	57	from	from	ADP
abrj-78	102	58	its	its	PRON
abrj-78	102	59	substance	substance	NOUN
abrj-78	102	60	.	.	PUNCT
abrj-78	103	1	this	this	DET
abrj-78	103	2	phenomenon	phenomenon	NOUN
abrj-78	103	3	illustrates	illustrate	VERB
abrj-78	103	4	that	that	SCONJ
abrj-78	103	5	in	in	ADP
abrj-78	103	6	certain	certain	ADJ
abrj-78	103	7	companies	company	NOUN
abrj-78	103	8	,	,	PUNCT
abrj-78	103	9	an	an	DET
abrj-78	103	10	increase	increase	NOUN
abrj-78	103	11	in	in	ADP
abrj-78	103	12	der	der	NOUN
abrj-78	103	13	and	and	CCONJ
abrj-78	103	14	a	a	DET
abrj-78	103	15	decrease	decrease	NOUN
abrj-78	103	16	in	in	ADP
abrj-78	103	17	roa	roa	PROPN
abrj-78	103	18	increases	increase	VERB
abrj-78	103	19	eps	eps	PROPN
abrj-78	103	20	and	and	CCONJ
abrj-78	103	21	vice	vice	NOUN
abrj-78	103	22	versa	versa	ADV
abrj-78	103	23	,	,	PUNCT
abrj-78	103	24	a	a	DET
abrj-78	103	25	decrease	decrease	NOUN
abrj-78	103	26	in	in	ADP
abrj-78	103	27	der	der	NOUN
abrj-78	103	28	and	and	CCONJ
abrj-78	103	29	an	an	DET
abrj-78	103	30	increase	increase	NOUN
abrj-78	103	31	in	in	ADP
abrj-78	103	32	roa	roa	PROPN
abrj-78	103	33	decreases	decrease	VERB
abrj-78	103	34	eps	eps	PROPN
abrj-78	103	35	.	.	PROPN
abrj-78	104	1	meanwhile	meanwhile	ADV
abrj-78	104	2	,	,	PUNCT
abrj-78	104	3	in	in	ADP
abrj-78	104	4	other	other	ADJ
abrj-78	104	5	companies	company	NOUN
abrj-78	104	6	,	,	PUNCT
abrj-78	104	7	when	when	SCONJ
abrj-78	104	8	the	the	DET
abrj-78	104	9	der	der	NOUN
abrj-78	104	10	decreases	decrease	VERB
abrj-78	104	11	,	,	PUNCT
abrj-78	104	12	eps	eps	PROPN
abrj-78	104	13	tends	tend	VERB
abrj-78	104	14	to	to	PART
abrj-78	104	15	be	be	AUX
abrj-78	104	16	constant	constant	ADJ
abrj-78	104	17	and	and	CCONJ
abrj-78	104	18	in	in	ADP
abrj-78	104	19	other	other	ADJ
abrj-78	104	20	companies	company	NOUN
abrj-78	104	21	too	too	ADV
abrj-78	104	22	,	,	PUNCT
abrj-78	104	23	when	when	SCONJ
abrj-78	104	24	roa	roa	PROPN
abrj-78	104	25	tends	tend	VERB
abrj-78	104	26	to	to	PART
abrj-78	104	27	be	be	AUX
abrj-78	104	28	constant	constant	ADJ
abrj-78	104	29	,	,	PUNCT
abrj-78	104	30	eps	eps	PROPN
abrj-78	104	31	fluctuates	fluctuate	NOUN
abrj-78	104	32	instead	instead	ADV
abrj-78	104	33	.	.	PUNCT
abrj-78	105	1	2	2	X
abrj-78	105	2	.	.	X
abrj-78	105	3	literature	literature	NOUN
abrj-78	105	4	review	review	VERB
abrj-78	105	5	2.1	2.1	NUM
abrj-78	105	6	.	.	PUNCT
abrj-78	106	1	financial	financial	ADJ
abrj-78	106	2	ratios	ratio	NOUN
abrj-78	106	3	company	company	NOUN
abrj-78	106	4	performance	performance	NOUN
abrj-78	106	5	is	be	AUX
abrj-78	106	6	a	a	DET
abrj-78	106	7	description	description	NOUN
abrj-78	106	8	of	of	ADP
abrj-78	106	9	the	the	DET
abrj-78	106	10	financial	financial	ADJ
abrj-78	106	11	condition	condition	NOUN
abrj-78	106	12	of	of	ADP
abrj-78	106	13	a	a	DET
abrj-78	106	14	company	company	NOUN
abrj-78	106	15	which	which	PRON
abrj-78	106	16	is	be	AUX
abrj-78	106	17	analyzed	analyze	VERB
abrj-78	106	18	with	with	ADP
abrj-78	106	19	financial	financial	ADJ
abrj-78	106	20	analysis	analysis	NOUN
abrj-78	106	21	so	so	SCONJ
abrj-78	106	22	that	that	SCONJ
abrj-78	106	23	it	it	PRON
abrj-78	106	24	can	can	AUX
abrj-78	106	25	be	be	AUX
abrj-78	106	26	seen	see	VERB
abrj-78	106	27	about	about	ADP
abrj-78	106	28	the	the	DET
abrj-78	106	29	good	good	ADJ
abrj-78	106	30	and	and	CCONJ
abrj-78	106	31	bad	bad	ADJ
abrj-78	106	32	financial	financial	ADJ
abrj-78	106	33	condition	condition	NOUN
abrj-78	106	34	of	of	ADP
abrj-78	106	35	a	a	DET
abrj-78	106	36	company	company	NOUN
abrj-78	106	37	that	that	PRON
abrj-78	106	38	reflects	reflect	VERB
abrj-78	106	39	work	work	NOUN
abrj-78	106	40	performance	performance	NOUN
abrj-78	106	41	in	in	ADP
abrj-78	106	42	a	a	DET
abrj-78	106	43	certain	certain	ADJ
abrj-78	106	44	period	period	NOUN
abrj-78	106	45	(	(	PUNCT
abrj-78	106	46	fahmi	fahmi	NOUN
abrj-78	106	47	,	,	PUNCT
abrj-78	106	48	2015	2015	NUM
abrj-78	106	49	)	)	PUNCT
abrj-78	106	50	.	.	PUNCT
abrj-78	107	1	a	a	DET
abrj-78	107	2	company	company	NOUN
abrj-78	107	3	can	can	AUX
abrj-78	107	4	be	be	AUX
abrj-78	107	5	said	say	VERB
abrj-78	107	6	to	to	PART
abrj-78	107	7	be	be	AUX
abrj-78	107	8	successful	successful	ADJ
abrj-78	107	9	if	if	SCONJ
abrj-78	107	10	it	it	PRON
abrj-78	107	11	has	have	AUX
abrj-78	107	12	achieved	achieve	VERB
abrj-78	107	13	the	the	DET
abrj-78	107	14	standards	standard	NOUN
abrj-78	107	15	and	and	CCONJ
abrj-78	107	16	goals	goal	NOUN
abrj-78	107	17	that	that	PRON
abrj-78	107	18	have	have	AUX
abrj-78	107	19	been	be	AUX
abrj-78	107	20	set	set	VERB
abrj-78	107	21	.	.	PUNCT
abrj-78	108	1	many	many	ADJ
abrj-78	108	2	financial	financial	ADJ
abrj-78	108	3	performance	performance	NOUN
abrj-78	108	4	measurement	measurement	NOUN
abrj-78	108	5	techniques	technique	NOUN
abrj-78	108	6	can	can	AUX
abrj-78	108	7	be	be	AUX
abrj-78	108	8	used	use	VERB
abrj-78	108	9	for	for	ADP
abrj-78	108	10	financial	financial	ADJ
abrj-78	108	11	statement	statement	NOUN
abrj-78	108	12	analysis	analysis	NOUN
abrj-78	108	13	and	and	CCONJ
abrj-78	108	14	in	in	ADP
abrj-78	108	15	comparison	comparison	NOUN
abrj-78	108	16	with	with	ADP
abrj-78	108	17	other	other	ADJ
abrj-78	108	18	companies	company	NOUN
abrj-78	108	19	.	.	PUNCT
abrj-78	109	1	financial	financial	ADJ
abrj-78	109	2	performance	performance	NOUN
abrj-78	109	3	is	be	AUX
abrj-78	109	4	often	often	ADV
abrj-78	109	5	measured	measure	VERB
abrj-78	109	6	through	through	ADP
abrj-78	109	7	financial	financial	ADJ
abrj-78	109	8	ratios	ratio	NOUN
abrj-78	109	9	with	with	ADP
abrj-78	109	10	a	a	DET
abrj-78	109	11	focus	focus	NOUN
abrj-78	109	12	on	on	ADP
abrj-78	109	13	measuring	measure	VERB
abrj-78	109	14	different	different	ADJ
abrj-78	109	15	indicators	indicator	NOUN
abrj-78	109	16	.	.	PUNCT
abrj-78	110	1	types	type	NOUN
abrj-78	110	2	of	of	ADP
abrj-78	110	3	financial	financial	ADJ
abrj-78	110	4	ratios	ratio	NOUN
abrj-78	110	5	according	accord	VERB
abrj-78	110	6	to	to	ADP
abrj-78	110	7	(	(	PUNCT
abrj-78	110	8	fahmi	fahmi	PROPN
abrj-78	110	9	,	,	PUNCT
abrj-78	110	10	2015	2015	NUM
abrj-78	110	11	)	)	PUNCT
abrj-78	110	12	financial	financial	ADJ
abrj-78	110	13	ratios	ratio	NOUN
abrj-78	110	14	can	can	AUX
abrj-78	110	15	be	be	AUX
abrj-78	110	16	grouped	group	VERB
abrj-78	110	17	into	into	ADP
abrj-78	110	18	six	six	NUM
abrj-78	110	19	types	type	NOUN
abrj-78	110	20	,	,	PUNCT
abrj-78	110	21	namely	namely	ADV
abrj-78	110	22	:	:	PUNCT
abrj-78	110	23	a.	a.	NOUN
abrj-78	110	24	liquidity	liquidity	NOUN
abrj-78	110	25	ratio	ratio	NOUN
abrj-78	110	26	,	,	PUNCT
abrj-78	110	27	namely	namely	ADV
abrj-78	110	28	the	the	DET
abrj-78	110	29	ability	ability	NOUN
abrj-78	110	30	of	of	ADP
abrj-78	110	31	a	a	DET
abrj-78	110	32	company	company	NOUN
abrj-78	110	33	to	to	PART
abrj-78	110	34	meet	meet	VERB
abrj-78	110	35	its	its	PRON
abrj-78	110	36	short	short	ADJ
abrj-78	110	37	-	-	PUNCT
abrj-78	110	38	term	term	NOUN
abrj-78	110	39	obligations	obligation	NOUN
abrj-78	110	40	promptly	promptly	ADV
abrj-78	110	41	.	.	PUNCT
abrj-78	111	1	this	this	DET
abrj-78	111	2	ratio	ratio	NOUN
abrj-78	111	3	is	be	AUX
abrj-78	111	4	divided	divide	VERB
abrj-78	111	5	into	into	ADP
abrj-78	111	6	the	the	DET
abrj-78	111	7	current	current	ADJ
abrj-78	111	8	ratio	ratio	NOUN
abrj-78	111	9	,	,	PUNCT
abrj-78	111	10	quick	quick	ADJ
abrj-78	111	11	ratio	ratio	NOUN
abrj-78	111	12	(	(	PUNCT
abrj-78	111	13	acid	acid	NOUN
abrj-78	111	14	test	test	NOUN
abrj-78	111	15	ratio	ratio	NOUN
abrj-78	111	16	)	)	PUNCT
abrj-78	111	17	,	,	PUNCT
abrj-78	111	18	net	net	ADJ
abrj-78	111	19	working	work	VERB
abrj-78	111	20	capital	capital	NOUN
abrj-78	111	21	ratio	ratio	NOUN
abrj-78	111	22	,	,	PUNCT
abrj-78	111	23	cash	cash	NOUN
abrj-78	111	24	flow	flow	NOUN
abrj-78	111	25	liquidity	liquidity	NOUN
abrj-78	111	26	ratio	ratio	NOUN
abrj-78	111	27	.	.	PUNCT
abrj-78	112	1	b.	b.	PROPN
abrj-78	113	1	the	the	DET
abrj-78	113	2	leverage	leverage	NOUN
abrj-78	113	3	ratio	ratio	NOUN
abrj-78	113	4	is	be	AUX
abrj-78	113	5	a	a	DET
abrj-78	113	6	measure	measure	NOUN
abrj-78	113	7	of	of	ADP
abrj-78	113	8	how	how	SCONJ
abrj-78	113	9	much	much	ADJ
abrj-78	113	10	the	the	DET
abrj-78	113	11	company	company	NOUN
abrj-78	113	12	is	be	AUX
abrj-78	113	13	financed	finance	VERB
abrj-78	113	14	by	by	ADP
abrj-78	113	15	debt	debt	NOUN
abrj-78	113	16	.	.	PUNCT
abrj-78	114	1	financial	financial	ADJ
abrj-78	114	2	managers	manager	NOUN
abrj-78	114	3	are	be	AUX
abrj-78	114	4	required	require	VERB
abrj-78	114	5	to	to	PART
abrj-78	114	6	manage	manage	VERB
abrj-78	114	7	the	the	DET
abrj-78	114	8	leverage	leverage	NOUN
abrj-78	114	9	ratio	ratio	NOUN
abrj-78	114	10	properly	properly	ADV
abrj-78	114	11	so	so	SCONJ
abrj-78	114	12	that	that	SCONJ
abrj-78	114	13	they	they	PRON
abrj-78	114	14	can	can	AUX
abrj-78	114	15	balance	balance	VERB
abrj-78	114	16	high	high	ADJ
abrj-78	114	17	returns	return	NOUN
abrj-78	114	18	with	with	ADP
abrj-78	114	19	low	low	ADJ
abrj-78	114	20	levels	level	NOUN
abrj-78	114	21	of	of	ADP
abrj-78	114	22	risk	risk	NOUN
abrj-78	114	23	.	.	PUNCT
abrj-78	115	1	the	the	DET
abrj-78	115	2	size	size	NOUN
abrj-78	115	3	of	of	ADP
abrj-78	115	4	this	this	DET
abrj-78	115	5	ratio	ratio	NOUN
abrj-78	115	6	depends	depend	VERB
abrj-78	115	7	on	on	ADP
abrj-78	115	8	the	the	DET
abrj-78	115	9	loans	loan	NOUN
abrj-78	115	10	the	the	DET
abrj-78	115	11	company	company	NOUN
abrj-78	115	12	has	have	VERB
abrj-78	115	13	,	,	PUNCT
abrj-78	115	14	in	in	ADP
abrj-78	115	15	addition	addition	NOUN
abrj-78	115	16	to	to	ADP
abrj-78	115	17	its	its	PRON
abrj-78	115	18	assets	asset	NOUN
abrj-78	115	19	(	(	PUNCT
abrj-78	115	20	capital	capital	NOUN
abrj-78	115	21	)	)	PUNCT
abrj-78	115	22	.	.	PUNCT
abrj-78	116	1	in	in	ADP
abrj-78	116	2	general	general	ADJ
abrj-78	116	3	,	,	PUNCT
abrj-78	116	4	there	there	PRON
abrj-78	116	5	are	be	VERB
abrj-78	116	6	eight	eight	NUM
abrj-78	116	7	leverage	leverage	NOUN
abrj-78	116	8	ratios	ratio	NOUN
abrj-78	116	9	(	(	PUNCT
abrj-78	116	10	kasmir	kasmir	PROPN
abrj-78	116	11	,	,	PUNCT
abrj-78	116	12	2016	2016	NUM
abrj-78	116	13	)	)	PUNCT
abrj-78	116	14	namely	namely	ADV
abrj-78	116	15	debt	debt	NOUN
abrj-78	116	16	to	to	ADP
abrj-78	116	17	total	total	ADJ
abrj-78	116	18	assets	asset	NOUN
abrj-78	116	19	,	,	PUNCT
abrj-78	116	20	debt	debt	NOUN
abrj-78	116	21	to	to	ADP
abrj-78	116	22	equity	equity	NOUN
abrj-78	116	23	ratio	ratio	NOUN
abrj-78	116	24	,	,	PUNCT
abrj-78	116	25	times	times	ADP
abrj-78	116	26	interest	interest	NOUN
abrj-78	116	27	earned	earn	VERB
abrj-78	116	28	,	,	PUNCT
abrj-78	116	29	cash	cash	NOUN
abrj-78	116	30	flow	flow	NOUN
abrj-78	116	31	coverage	coverage	NOUN
abrj-78	116	32	,	,	PUNCT
abrj-78	116	33	long	long	ADJ
abrj-78	116	34	-	-	PUNCT
abrj-78	116	35	term	term	NOUN
abrj-78	116	36	debt	debt	NOUN
abrj-78	116	37	to	to	ADP
abrj-78	116	38	total	total	ADJ
abrj-78	116	39	capitalization	capitalization	NOUN
abrj-78	116	40	,	,	PUNCT
abrj-78	116	41	fixed	fix	VERB
abrj-78	116	42	charge	charge	NOUN
abrj-78	116	43	coverage	coverage	NOUN
abrj-78	116	44	,	,	PUNCT
abrj-78	116	45	and	and	CCONJ
abrj-78	116	46	cash	cash	NOUN
abrj-78	116	47	flow	flow	NOUN
abrj-78	116	48	adequacy	adequacy	NOUN
abrj-78	116	49	.	.	PUNCT
abrj-78	117	1	c.	c.	NOUN
abrj-78	117	2	the	the	DET
abrj-78	117	3	activity	activity	NOUN
abrj-78	117	4	ratio	ratio	NOUN
abrj-78	117	5	is	be	AUX
abrj-78	117	6	a	a	DET
abrj-78	117	7	ratio	ratio	NOUN
abrj-78	117	8	that	that	PRON
abrj-78	117	9	describes	describe	VERB
abrj-78	117	10	the	the	DET
abrj-78	117	11	extent	extent	NOUN
abrj-78	117	12	to	to	PART
abrj-78	117	13	which	which	PRON
abrj-78	117	14	a	a	DET
abrj-78	117	15	company	company	NOUN
abrj-78	117	16	uses	use	VERB
abrj-78	117	17	its	its	PRON
abrj-78	117	18	resources	resource	NOUN
abrj-78	117	19	to	to	PART
abrj-78	117	20	support	support	VERB
abrj-78	117	21	the	the	DET
abrj-78	117	22	company	company	NOUN
abrj-78	117	23	's	's	PART
abrj-78	117	24	activities	activity	NOUN
abrj-78	117	25	,	,	PUNCT
abrj-78	117	26	where	where	SCONJ
abrj-78	117	27	the	the	DET
abrj-78	117	28	use	use	NOUN
abrj-78	117	29	of	of	ADP
abrj-78	117	30	this	this	DET
abrj-78	117	31	activity	activity	NOUN
abrj-78	117	32	is	be	AUX
abrj-78	117	33	carried	carry	VERB
abrj-78	117	34	out	out	ADP
abrj-78	117	35	maximally	maximally	ADV
abrj-78	117	36	to	to	PART
abrj-78	117	37	obtain	obtain	VERB
abrj-78	117	38	maximum	maximum	ADJ
abrj-78	117	39	results	result	NOUN
abrj-78	117	40	.	.	PUNCT
abrj-78	118	1	in	in	ADP
abrj-78	118	2	general	general	ADJ
abrj-78	118	3	,	,	PUNCT
abrj-78	118	4	there	there	PRON
abrj-78	118	5	are	be	VERB
abrj-78	118	6	four	four	NUM
abrj-78	118	7	activity	activity	NOUN
abrj-78	118	8	ratios	ratio	NOUN
abrj-78	118	9	(	(	PUNCT
abrj-78	118	10	kasmir	kasmir	PROPN
abrj-78	118	11	,	,	PUNCT
abrj-78	118	12	2016	2016	NUM
abrj-78	118	13	)	)	PUNCT
abrj-78	118	14	namely	namely	ADV
abrj-78	118	15	inventory	inventory	NOUN
abrj-78	118	16	turnover	turnover	NOUN
abrj-78	118	17	,	,	PUNCT
abrj-78	118	18	day	day	NOUN
abrj-78	118	19	sales	sale	NOUN
abrj-78	118	20	outstanding	outstanding	ADJ
abrj-78	118	21	,	,	PUNCT
abrj-78	118	22	fixed	fix	VERB
abrj-78	118	23	assets	asset	NOUN
abrj-78	118	24	turnover	turnover	NOUN
abrj-78	118	25	,	,	PUNCT
abrj-78	118	26	total	total	ADJ
abrj-78	118	27	assets	asset	NOUN
abrj-78	118	28	turnover	turnover	NOUN
abrj-78	118	29	,	,	PUNCT
abrj-78	118	30	long	long	ADJ
abrj-78	118	31	term	term	NOUN
abrj-78	118	32	assets	asset	NOUN
abrj-78	118	33	turnover	turnover	NOUN
abrj-78	118	34	.	.	PUNCT
abrj-78	119	1	asian	asian	ADJ
abrj-78	119	2	business	business	PROPN
abrj-78	119	3	research	research	NOUN
abrj-78	119	4	journal	journal	NOUN
abrj-78	119	5	,	,	PUNCT
abrj-78	119	6	2020	2020	NUM
abrj-78	119	7	,	,	PUNCT
abrj-78	119	8	5	5	NUM
abrj-78	119	9	:	:	SYM
abrj-78	119	10	39	39	NUM
abrj-78	119	11	-	-	SYM
abrj-78	119	12	47	47	NUM
abrj-78	119	13	42	42	NUM
abrj-78	119	14	©	©	PROPN
abrj-78	119	15	2020	2020	NUM
abrj-78	119	16	by	by	ADP
abrj-78	119	17	the	the	DET
abrj-78	119	18	authors	author	NOUN
abrj-78	119	19	;	;	PUNCT
abrj-78	120	1	licensee	licensee	NOUN
abrj-78	120	2	eastern	eastern	ADJ
abrj-78	120	3	centre	centre	NOUN
abrj-78	120	4	of	of	ADP
abrj-78	120	5	science	science	NOUN
abrj-78	120	6	and	and	CCONJ
abrj-78	120	7	education	education	NOUN
abrj-78	120	8	,	,	PUNCT
abrj-78	120	9	usa	usa	PROPN
abrj-78	120	10	d.	d.	PROPN
abrj-78	120	11	profitability	profitability	PROPN
abrj-78	120	12	ratios	ratio	NOUN
abrj-78	120	13	measure	measure	VERB
abrj-78	120	14	the	the	DET
abrj-78	120	15	effectiveness	effectiveness	NOUN
abrj-78	120	16	of	of	ADP
abrj-78	120	17	management	management	NOUN
abrj-78	120	18	as	as	ADP
abrj-78	120	19	a	a	DET
abrj-78	120	20	whole	whole	NOUN
abrj-78	120	21	aimed	aim	VERB
abrj-78	120	22	at	at	ADP
abrj-78	120	23	the	the	DET
abrj-78	120	24	size	size	NOUN
abrj-78	120	25	of	of	ADP
abrj-78	120	26	the	the	DET
abrj-78	120	27	level	level	NOUN
abrj-78	120	28	of	of	ADP
abrj-78	120	29	profits	profit	NOUN
abrj-78	120	30	obtained	obtain	VERB
abrj-78	120	31	concerning	concern	VERB
abrj-78	120	32	sales	sale	NOUN
abrj-78	120	33	or	or	CCONJ
abrj-78	120	34	investment	investment	NOUN
abrj-78	120	35	.	.	PUNCT
abrj-78	121	1	the	the	PRON
abrj-78	121	2	better	well	ADJ
abrj-78	121	3	the	the	DET
abrj-78	121	4	profitability	profitability	NOUN
abrj-78	121	5	ratio	ratio	NOUN
abrj-78	121	6	,	,	PUNCT
abrj-78	121	7	the	the	PRON
abrj-78	121	8	better	well	ADJ
abrj-78	121	9	it	it	PRON
abrj-78	121	10	describes	describe	VERB
abrj-78	121	11	the	the	DET
abrj-78	121	12	company	company	NOUN
abrj-78	121	13	's	's	PART
abrj-78	121	14	high	high	ADJ
abrj-78	121	15	profitability	profitability	NOUN
abrj-78	121	16	.	.	PUNCT
abrj-78	122	1	in	in	ADP
abrj-78	122	2	general	general	ADJ
abrj-78	122	3	,	,	PUNCT
abrj-78	122	4	there	there	PRON
abrj-78	122	5	are	be	VERB
abrj-78	122	6	four	four	NUM
abrj-78	122	7	profitability	profitability	NOUN
abrj-78	122	8	ratios	ratio	NOUN
abrj-78	122	9	(	(	PUNCT
abrj-78	122	10	kasmir	kasmir	PROPN
abrj-78	122	11	,	,	PUNCT
abrj-78	122	12	2016	2016	NUM
abrj-78	122	13	)	)	PUNCT
abrj-78	122	14	namely	namely	ADV
abrj-78	122	15	gross	gross	ADJ
abrj-78	122	16	profit	profit	NOUN
abrj-78	122	17	margin	margin	NOUN
abrj-78	122	18	,	,	PUNCT
abrj-78	122	19	net	net	ADJ
abrj-78	122	20	profit	profit	NOUN
abrj-78	122	21	margin	margin	NOUN
abrj-78	122	22	,	,	PUNCT
abrj-78	122	23	return	return	VERB
abrj-78	122	24	on	on	ADP
abrj-78	122	25	investment	investment	NOUN
abrj-78	122	26	,	,	PUNCT
abrj-78	122	27	and	and	CCONJ
abrj-78	122	28	return	return	VERB
abrj-78	122	29	on	on	ADP
abrj-78	122	30	equity	equity	NOUN
abrj-78	122	31	.	.	PUNCT
abrj-78	123	1	e.	e.	PROPN
abrj-78	123	2	growth	growth	PROPN
abrj-78	123	3	ratio	ratio	NOUN
abrj-78	123	4	,	,	PUNCT
abrj-78	123	5	which	which	PRON
abrj-78	123	6	is	be	AUX
abrj-78	123	7	a	a	DET
abrj-78	123	8	ratio	ratio	NOUN
abrj-78	123	9	that	that	PRON
abrj-78	123	10	measures	measure	VERB
abrj-78	123	11	how	how	SCONJ
abrj-78	123	12	much	much	ADJ
abrj-78	123	13	the	the	DET
abrj-78	123	14	company	company	NOUN
abrj-78	123	15	's	's	PART
abrj-78	123	16	ability	ability	NOUN
abrj-78	123	17	to	to	PART
abrj-78	123	18	maintain	maintain	VERB
abrj-78	123	19	its	its	PRON
abrj-78	123	20	position	position	NOUN
abrj-78	123	21	in	in	ADP
abrj-78	123	22	the	the	DET
abrj-78	123	23	industry	industry	NOUN
abrj-78	123	24	and	and	CCONJ
abrj-78	123	25	general	general	ADJ
abrj-78	123	26	economic	economic	ADJ
abrj-78	123	27	development	development	NOUN
abrj-78	123	28	.	.	PUNCT
abrj-78	124	1	this	this	DET
abrj-78	124	2	growth	growth	NOUN
abrj-78	124	3	ratio	ratio	NOUN
abrj-78	124	4	is	be	AUX
abrj-78	124	5	commonly	commonly	ADV
abrj-78	124	6	seen	see	VERB
abrj-78	124	7	from	from	ADP
abrj-78	124	8	various	various	ADJ
abrj-78	124	9	aspects	aspect	NOUN
abrj-78	124	10	,	,	PUNCT
abrj-78	124	11	namely	namely	ADV
abrj-78	124	12	in	in	ADP
abrj-78	124	13	terms	term	NOUN
abrj-78	124	14	of	of	ADP
abrj-78	124	15	sales	sale	NOUN
abrj-78	124	16	,	,	PUNCT
abrj-78	124	17	earning	earn	VERB
abrj-78	124	18	after	after	ADP
abrj-78	124	19	tax	tax	NOUN
abrj-78	124	20	(	(	PUNCT
abrj-78	124	21	eat	eat	NOUN
abrj-78	124	22	)	)	PUNCT
abrj-78	124	23	,	,	PUNCT
abrj-78	124	24	earnings	earning	NOUN
abrj-78	124	25	per	per	ADP
abrj-78	124	26	share	share	NOUN
abrj-78	124	27	,	,	PUNCT
abrj-78	124	28	dividends	dividend	NOUN
abrj-78	124	29	per	per	ADP
abrj-78	124	30	share	share	NOUN
abrj-78	124	31	,	,	PUNCT
abrj-78	124	32	and	and	CCONJ
abrj-78	124	33	market	market	NOUN
abrj-78	124	34	price	price	NOUN
abrj-78	124	35	per	per	ADP
abrj-78	124	36	share	share	NOUN
abrj-78	124	37	.	.	PUNCT
abrj-78	125	1	f.	f.	PROPN
abrj-78	125	2	market	market	PROPN
abrj-78	125	3	value	value	NOUN
abrj-78	125	4	ratio	ratio	NOUN
abrj-78	125	5	,	,	PUNCT
abrj-78	125	6	namely	namely	ADV
abrj-78	125	7	the	the	DET
abrj-78	125	8	ratio	ratio	NOUN
abrj-78	125	9	that	that	PRON
abrj-78	125	10	describes	describe	VERB
abrj-78	125	11	the	the	DET
abrj-78	125	12	conditions	condition	NOUN
abrj-78	125	13	that	that	PRON
abrj-78	125	14	occur	occur	VERB
abrj-78	125	15	in	in	ADP
abrj-78	125	16	the	the	DET
abrj-78	125	17	market	market	NOUN
abrj-78	125	18	.	.	PUNCT
abrj-78	126	1	this	this	DET
abrj-78	126	2	ratio	ratio	NOUN
abrj-78	126	3	can	can	AUX
abrj-78	126	4	provide	provide	VERB
abrj-78	126	5	an	an	DET
abrj-78	126	6	understanding	understanding	NOUN
abrj-78	126	7	of	of	ADP
abrj-78	126	8	the	the	DET
abrj-78	126	9	management	management	NOUN
abrj-78	126	10	of	of	ADP
abrj-78	126	11	the	the	DET
abrj-78	126	12	company	company	NOUN
abrj-78	126	13	on	on	ADP
abrj-78	126	14	the	the	DET
abrj-78	126	15	conditions	condition	NOUN
abrj-78	126	16	of	of	ADP
abrj-78	126	17	implementation	implementation	NOUN
abrj-78	126	18	that	that	PRON
abrj-78	126	19	will	will	AUX
abrj-78	126	20	be	be	AUX
abrj-78	126	21	implemented	implement	VERB
abrj-78	126	22	and	and	CCONJ
abrj-78	126	23	its	its	PRON
abrj-78	126	24	impact	impact	NOUN
abrj-78	126	25	in	in	ADP
abrj-78	126	26	the	the	DET
abrj-78	126	27	future	future	NOUN
abrj-78	126	28	.	.	PUNCT
abrj-78	127	1	2.2	2.2	NUM
abrj-78	127	2	.	.	PUNCT
abrj-78	128	1	earning	earn	VERB
abrj-78	128	2	per	per	ADP
abrj-78	128	3	share	share	NOUN
abrj-78	128	4	according	accord	VERB
abrj-78	128	5	to	to	ADP
abrj-78	128	6	fahmi	fahmi	PROPN
abrj-78	128	7	(	(	PUNCT
abrj-78	128	8	2011	2011	NUM
abrj-78	128	9	)	)	PUNCT
abrj-78	128	10	earning	earn	VERB
abrj-78	128	11	per	per	ADP
abrj-78	128	12	share	share	NOUN
abrj-78	128	13	or	or	CCONJ
abrj-78	128	14	income	income	NOUN
abrj-78	128	15	per	per	ADP
abrj-78	128	16	share	share	NOUN
abrj-78	128	17	is	be	AUX
abrj-78	128	18	a	a	DET
abrj-78	128	19	form	form	NOUN
abrj-78	128	20	of	of	ADP
abrj-78	128	21	giving	give	VERB
abrj-78	128	22	benefits	benefit	NOUN
abrj-78	128	23	to	to	ADP
abrj-78	128	24	shareholders	shareholder	NOUN
abrj-78	128	25	from	from	ADP
abrj-78	128	26	each	each	DET
abrj-78	128	27	share	share	NOUN
abrj-78	128	28	they	they	PRON
abrj-78	128	29	own	own	VERB
abrj-78	128	30	.	.	PUNCT
abrj-78	129	1	earning	earn	VERB
abrj-78	129	2	per	per	ADP
abrj-78	129	3	share	share	NOUN
abrj-78	129	4	(	(	PUNCT
abrj-78	129	5	eps	eps	PROPN
abrj-78	129	6	)	)	PUNCT
abrj-78	129	7	is	be	AUX
abrj-78	129	8	a	a	DET
abrj-78	129	9	ratio	ratio	NOUN
abrj-78	129	10	that	that	PRON
abrj-78	129	11	reflects	reflect	VERB
abrj-78	129	12	the	the	DET
abrj-78	129	13	company	company	NOUN
abrj-78	129	14	's	's	PART
abrj-78	129	15	ability	ability	NOUN
abrj-78	129	16	to	to	PART
abrj-78	129	17	generate	generate	VERB
abrj-78	129	18	profits	profit	NOUN
abrj-78	129	19	for	for	ADP
abrj-78	129	20	each	each	DET
abrj-78	129	21	share	share	NOUN
abrj-78	129	22	outstanding	outstanding	ADJ
abrj-78	129	23	(	(	PUNCT
abrj-78	129	24	watung	watung	PROPN
abrj-78	129	25	&	&	CCONJ
abrj-78	129	26	ilat	ilat	PROPN
abrj-78	129	27	,	,	PUNCT
abrj-78	129	28	2015	2015	NUM
abrj-78	129	29	)	)	PUNCT
abrj-78	129	30	.	.	PUNCT
abrj-78	130	1	earnings	earning	NOUN
abrj-78	130	2	per	per	ADP
abrj-78	130	3	share	share	NOUN
abrj-78	130	4	(	(	PUNCT
abrj-78	130	5	eps	eps	PROPN
abrj-78	130	6	)	)	PUNCT
abrj-78	130	7	or	or	CCONJ
abrj-78	130	8	income	income	NOUN
abrj-78	130	9	per	per	ADP
abrj-78	130	10	share	share	NOUN
abrj-78	130	11	is	be	AUX
abrj-78	130	12	a	a	DET
abrj-78	130	13	form	form	NOUN
abrj-78	130	14	of	of	ADP
abrj-78	130	15	giving	give	VERB
abrj-78	130	16	profits	profit	NOUN
abrj-78	130	17	to	to	ADP
abrj-78	130	18	shareholders	shareholder	NOUN
abrj-78	130	19	from	from	ADP
abrj-78	130	20	each	each	DET
abrj-78	130	21	share	share	NOUN
abrj-78	130	22	they	they	PRON
abrj-78	130	23	own	own	VERB
abrj-78	130	24	(	(	PUNCT
abrj-78	130	25	fahmi	fahmi	PROPN
abrj-78	130	26	,	,	PUNCT
abrj-78	130	27	2011	2011	NUM
abrj-78	130	28	)	)	PUNCT
abrj-78	130	29	.	.	PUNCT
abrj-78	131	1	meanwhile	meanwhile	ADV
abrj-78	131	2	,	,	PUNCT
abrj-78	131	3	according	accord	VERB
abrj-78	131	4	to	to	ADP
abrj-78	131	5	tandelilin	tandelilin	PROPN
abrj-78	131	6	(	(	PUNCT
abrj-78	131	7	2010	2010	NUM
abrj-78	131	8	)	)	PUNCT
abrj-78	131	9	eps	eps	PROPN
abrj-78	131	10	is	be	AUX
abrj-78	131	11	net	net	ADJ
abrj-78	131	12	income	income	NOUN
abrj-78	131	13	that	that	PRON
abrj-78	131	14	is	be	AUX
abrj-78	131	15	ready	ready	ADJ
abrj-78	131	16	to	to	PART
abrj-78	131	17	be	be	AUX
abrj-78	131	18	distributed	distribute	VERB
abrj-78	131	19	to	to	ADP
abrj-78	131	20	shareholders	shareholder	NOUN
abrj-78	131	21	divided	divide	VERB
abrj-78	131	22	by	by	ADP
abrj-78	131	23	the	the	DET
abrj-78	131	24	number	number	NOUN
abrj-78	131	25	of	of	ADP
abrj-78	131	26	company	company	NOUN
abrj-78	131	27	shares	share	NOUN
abrj-78	131	28	.	.	PUNCT
abrj-78	132	1	according	accord	VERB
abrj-78	132	2	to	to	ADP
abrj-78	132	3	darmadji	darmadji	NOUN
abrj-78	132	4	and	and	CCONJ
abrj-78	132	5	fakhruddin	fakhruddin	NOUN
abrj-78	132	6	(	(	PUNCT
abrj-78	132	7	2012	2012	NUM
abrj-78	132	8	)	)	PUNCT
abrj-78	132	9	defines	define	NOUN
abrj-78	132	10	earning	earn	VERB
abrj-78	132	11	per	per	ADP
abrj-78	132	12	share	share	NOUN
abrj-78	132	13	(	(	PUNCT
abrj-78	132	14	eps	eps	PROPN
abrj-78	132	15	)	)	PUNCT
abrj-78	132	16	as	as	SCONJ
abrj-78	132	17	follows	follow	VERB
abrj-78	132	18	:	:	PUNCT
abrj-78	132	19	"	"	PUNCT
abrj-78	132	20	earning	earn	VERB
abrj-78	132	21	per	per	ADP
abrj-78	132	22	share	share	NOUN
abrj-78	132	23	(	(	PUNCT
abrj-78	132	24	eps	eps	PROPN
abrj-78	132	25	)	)	PUNCT
abrj-78	132	26	is	be	AUX
abrj-78	132	27	a	a	DET
abrj-78	132	28	ratio	ratio	NOUN
abrj-78	132	29	that	that	PRON
abrj-78	132	30	reflects	reflect	VERB
abrj-78	132	31	the	the	DET
abrj-78	132	32	company	company	NOUN
abrj-78	132	33	's	's	PART
abrj-78	132	34	ability	ability	NOUN
abrj-78	132	35	to	to	PART
abrj-78	132	36	generate	generate	VERB
abrj-78	132	37	profits	profit	NOUN
abrj-78	132	38	for	for	ADP
abrj-78	132	39	each	each	DET
abrj-78	132	40	outstanding	outstanding	ADJ
abrj-78	132	41	share	share	NOUN
abrj-78	132	42	.	.	PUNCT
abrj-78	132	43	"	"	PUNCT
abrj-78	133	1	according	accord	VERB
abrj-78	133	2	to	to	ADP
abrj-78	133	3	kasmir	kasmir	PROPN
abrj-78	133	4	(	(	PUNCT
abrj-78	133	5	2014	2014	NUM
abrj-78	133	6	)	)	PUNCT
abrj-78	133	7	eps	eps	PROPN
abrj-78	133	8	is	be	AUX
abrj-78	133	9	also	also	ADV
abrj-78	133	10	known	know	VERB
abrj-78	133	11	as	as	ADP
abrj-78	133	12	the	the	DET
abrj-78	133	13	book	book	NOUN
abrj-78	133	14	value	value	NOUN
abrj-78	133	15	ratio	ratio	NOUN
abrj-78	133	16	,	,	PUNCT
abrj-78	133	17	which	which	PRON
abrj-78	133	18	is	be	AUX
abrj-78	133	19	a	a	DET
abrj-78	133	20	ratio	ratio	NOUN
abrj-78	133	21	to	to	PART
abrj-78	133	22	measure	measure	VERB
abrj-78	133	23	the	the	DET
abrj-78	133	24	success	success	NOUN
abrj-78	133	25	of	of	ADP
abrj-78	133	26	management	management	NOUN
abrj-78	133	27	in	in	ADP
abrj-78	133	28	achieving	achieve	VERB
abrj-78	133	29	benefits	benefit	NOUN
abrj-78	133	30	for	for	ADP
abrj-78	133	31	shareholders	shareholder	NOUN
abrj-78	133	32	.	.	PUNCT
abrj-78	134	1	eps	eps	PROPN
abrj-78	134	2	describes	describe	VERB
abrj-78	134	3	the	the	DET
abrj-78	134	4	amount	amount	NOUN
abrj-78	134	5	of	of	ADP
abrj-78	134	6	rupiah	rupiah	NOUN
abrj-78	134	7	obtained	obtain	VERB
abrj-78	134	8	for	for	ADP
abrj-78	134	9	each	each	DET
abrj-78	134	10	common	common	ADJ
abrj-78	134	11	share	share	NOUN
abrj-78	134	12	or	or	CCONJ
abrj-78	134	13	net	net	ADJ
abrj-78	134	14	income	income	NOUN
abrj-78	134	15	per	per	ADP
abrj-78	134	16	share	share	NOUN
abrj-78	134	17	of	of	ADP
abrj-78	134	18	common	common	ADJ
abrj-78	134	19	stock	stock	NOUN
abrj-78	134	20	(	(	PUNCT
abrj-78	134	21	retnowati	retnowati	NOUN
abrj-78	134	22	,	,	PUNCT
abrj-78	134	23	2012	2012	NUM
abrj-78	134	24	)	)	PUNCT
abrj-78	134	25	.	.	PUNCT
abrj-78	135	1	earnings	earning	NOUN
abrj-78	135	2	per	per	ADP
abrj-78	135	3	share	share	NOUN
abrj-78	135	4	(	(	PUNCT
abrj-78	135	5	eps	eps	PROPN
abrj-78	135	6	)	)	PUNCT
abrj-78	135	7	is	be	AUX
abrj-78	135	8	usually	usually	ADV
abrj-78	135	9	a	a	DET
abrj-78	135	10	concern	concern	NOUN
abrj-78	135	11	of	of	ADP
abrj-78	135	12	shareholders	shareholder	NOUN
abrj-78	135	13	in	in	ADP
abrj-78	135	14	general	general	ADJ
abrj-78	135	15	or	or	CCONJ
abrj-78	135	16	prospective	prospective	ADJ
abrj-78	135	17	shareholders	shareholder	NOUN
abrj-78	135	18	and	and	CCONJ
abrj-78	135	19	management	management	NOUN
abrj-78	135	20	.	.	PUNCT
abrj-78	136	1	eps	eps	PROPN
abrj-78	136	2	shows	show	VERB
abrj-78	136	3	the	the	DET
abrj-78	136	4	amount	amount	NOUN
abrj-78	136	5	of	of	ADP
abrj-78	136	6	money	money	NOUN
abrj-78	136	7	generated	generate	VERB
abrj-78	136	8	(	(	PUNCT
abrj-78	136	9	return	return	NOUN
abrj-78	136	10	)	)	PUNCT
abrj-78	136	11	from	from	ADP
abrj-78	136	12	each	each	DET
abrj-78	136	13	share	share	NOUN
abrj-78	136	14	.	.	PUNCT
abrj-78	137	1	the	the	PRON
abrj-78	137	2	greater	great	ADJ
abrj-78	137	3	the	the	DET
abrj-78	137	4	eps	eps	PROPN
abrj-78	137	5	value	value	NOUN
abrj-78	137	6	,	,	PUNCT
abrj-78	137	7	the	the	PRON
abrj-78	137	8	greater	great	ADJ
abrj-78	137	9	the	the	DET
abrj-78	137	10	profit	profit	NOUN
abrj-78	137	11	received	receive	VERB
abrj-78	137	12	by	by	ADP
abrj-78	137	13	shareholders	shareholder	NOUN
abrj-78	137	14	.	.	PUNCT
abrj-78	138	1	an	an	DET
abrj-78	138	2	investor	investor	NOUN
abrj-78	138	3	buys	buy	VERB
abrj-78	138	4	and	and	CCONJ
abrj-78	138	5	maintains	maintain	VERB
abrj-78	138	6	stock	stock	NOUN
abrj-78	138	7	in	in	ADP
abrj-78	138	8	a	a	DET
abrj-78	138	9	company	company	NOUN
abrj-78	138	10	in	in	ADP
abrj-78	138	11	the	the	DET
abrj-78	138	12	hope	hope	NOUN
abrj-78	138	13	of	of	ADP
abrj-78	138	14	obtaining	obtain	VERB
abrj-78	138	15	dividends	dividend	NOUN
abrj-78	138	16	or	or	CCONJ
abrj-78	138	17	capital	capital	NOUN
abrj-78	138	18	gains	gain	NOUN
abrj-78	138	19	.	.	PUNCT
abrj-78	139	1	profit	profit	NOUN
abrj-78	139	2	is	be	AUX
abrj-78	139	3	usually	usually	ADV
abrj-78	139	4	the	the	DET
abrj-78	139	5	basis	basis	NOUN
abrj-78	139	6	for	for	ADP
abrj-78	139	7	determining	determine	VERB
abrj-78	139	8	future	future	ADJ
abrj-78	139	9	dividend	dividend	NOUN
abrj-78	139	10	payments	payment	NOUN
abrj-78	139	11	and	and	CCONJ
abrj-78	139	12	stock	stock	NOUN
abrj-78	139	13	price	price	NOUN
abrj-78	139	14	increases	increase	NOUN
abrj-78	139	15	.	.	PUNCT
abrj-78	140	1	therefore	therefore	ADV
abrj-78	140	2	,	,	PUNCT
abrj-78	140	3	shareholders	shareholder	NOUN
abrj-78	140	4	are	be	AUX
abrj-78	140	5	usually	usually	ADV
abrj-78	140	6	interested	interested	ADJ
abrj-78	140	7	in	in	ADP
abrj-78	140	8	the	the	DET
abrj-78	140	9	eps	eps	PROPN
abrj-78	140	10	figures	figure	NOUN
abrj-78	140	11	that	that	SCONJ
abrj-78	140	12	companies	company	NOUN
abrj-78	140	13	report	report	VERB
abrj-78	140	14	.	.	PUNCT
abrj-78	141	1	according	accord	VERB
abrj-78	141	2	to	to	ADP
abrj-78	141	3	brigham	brigham	PROPN
abrj-78	141	4	and	and	CCONJ
abrj-78	141	5	houston	houston	PROPN
abrj-78	141	6	(	(	PUNCT
abrj-78	141	7	2010	2010	NUM
abrj-78	141	8	)	)	PUNCT
abrj-78	141	9	the	the	DET
abrj-78	141	10	factors	factor	NOUN
abrj-78	141	11	that	that	PRON
abrj-78	141	12	cause	cause	VERB
abrj-78	141	13	the	the	DET
abrj-78	141	14	increase	increase	NOUN
abrj-78	141	15	and	and	CCONJ
abrj-78	141	16	decrease	decrease	NOUN
abrj-78	141	17	in	in	ADP
abrj-78	141	18	earning	earn	VERB
abrj-78	141	19	per	per	ADP
abrj-78	141	20	share	share	NOUN
abrj-78	141	21	(	(	PUNCT
abrj-78	141	22	eps	eps	PROPN
abrj-78	141	23	)	)	PUNCT
abrj-78	141	24	are	be	AUX
abrj-78	141	25	:	:	PUNCT
abrj-78	141	26	1	1	X
abrj-78	141	27	.	.	PUNCT
abrj-78	141	28	factors	factor	NOUN
abrj-78	141	29	causing	cause	VERB
abrj-78	141	30	an	an	DET
abrj-78	141	31	increase	increase	NOUN
abrj-78	141	32	in	in	ADP
abrj-78	141	33	earning	earn	VERB
abrj-78	141	34	per	per	ADP
abrj-78	141	35	share	share	NOUN
abrj-78	141	36	(	(	PUNCT
abrj-78	141	37	eps	eps	PROPN
abrj-78	141	38	):	):	PUNCT
abrj-78	141	39	•	•	ADJ
abrj-78	141	40	net	net	ADJ
abrj-78	141	41	income	income	NOUN
abrj-78	141	42	increased	increase	VERB
abrj-78	141	43	and	and	CCONJ
abrj-78	141	44	the	the	DET
abrj-78	141	45	number	number	NOUN
abrj-78	141	46	of	of	ADP
abrj-78	141	47	ordinary	ordinary	ADJ
abrj-78	141	48	shares	share	NOUN
abrj-78	141	49	outstanding	outstanding	ADJ
abrj-78	141	50	remained	remain	VERB
abrj-78	141	51	constant	constant	ADJ
abrj-78	141	52	.	.	PUNCT
abrj-78	142	1	•	•	NUM
abrj-78	142	2	fixed	fix	VERB
abrj-78	142	3	net	net	ADJ
abrj-78	142	4	income	income	NOUN
abrj-78	142	5	and	and	CCONJ
abrj-78	142	6	the	the	DET
abrj-78	142	7	number	number	NOUN
abrj-78	142	8	of	of	ADP
abrj-78	142	9	ordinary	ordinary	ADJ
abrj-78	142	10	shares	share	NOUN
abrj-78	142	11	outstanding	outstanding	ADJ
abrj-78	142	12	decreased	decrease	VERB
abrj-78	142	13	.	.	PUNCT
abrj-78	143	1	•	•	NUM
abrj-78	143	2	net	net	ADJ
abrj-78	143	3	income	income	NOUN
abrj-78	143	4	increases	increase	NOUN
abrj-78	143	5	and	and	CCONJ
abrj-78	143	6	the	the	DET
abrj-78	143	7	number	number	NOUN
abrj-78	143	8	of	of	ADP
abrj-78	143	9	ordinary	ordinary	ADJ
abrj-78	143	10	shares	share	NOUN
abrj-78	143	11	outstanding	outstanding	ADJ
abrj-78	143	12	decreases	decrease	NOUN
abrj-78	143	13	.	.	PUNCT
abrj-78	144	1	•	•	NOUN
abrj-78	144	2	the	the	DET
abrj-78	144	3	percentage	percentage	NOUN
abrj-78	144	4	increase	increase	NOUN
abrj-78	144	5	in	in	ADP
abrj-78	144	6	net	net	ADJ
abrj-78	144	7	income	income	NOUN
abrj-78	144	8	is	be	AUX
abrj-78	144	9	greater	great	ADJ
abrj-78	144	10	than	than	ADP
abrj-78	144	11	the	the	DET
abrj-78	144	12	percentage	percentage	NOUN
abrj-78	144	13	increase	increase	NOUN
abrj-78	144	14	in	in	ADP
abrj-78	144	15	the	the	DET
abrj-78	144	16	number	number	NOUN
abrj-78	144	17	of	of	ADP
abrj-78	144	18	ordinary	ordinary	ADJ
abrj-78	144	19	shares	share	NOUN
abrj-78	144	20	outstanding	outstanding	ADJ
abrj-78	144	21	.	.	PUNCT
abrj-78	145	1	•	•	CCONJ
abrj-78	145	2	the	the	DET
abrj-78	145	3	percentage	percentage	NOUN
abrj-78	145	4	decrease	decrease	NOUN
abrj-78	145	5	in	in	ADP
abrj-78	145	6	the	the	DET
abrj-78	145	7	number	number	NOUN
abrj-78	145	8	of	of	ADP
abrj-78	145	9	ordinary	ordinary	ADJ
abrj-78	145	10	shares	share	NOUN
abrj-78	145	11	outstanding	outstanding	ADJ
abrj-78	145	12	is	be	AUX
abrj-78	145	13	greater	great	ADJ
abrj-78	145	14	than	than	ADP
abrj-78	145	15	the	the	DET
abrj-78	145	16	percentage	percentage	NOUN
abrj-78	145	17	decrease	decrease	NOUN
abrj-78	145	18	in	in	ADP
abrj-78	145	19	net	net	ADJ
abrj-78	145	20	income	income	NOUN
abrj-78	145	21	.	.	PUNCT
abrj-78	146	1	2	2	X
abrj-78	146	2	.	.	X
abrj-78	146	3	while	while	SCONJ
abrj-78	146	4	the	the	DET
abrj-78	146	5	decline	decline	NOUN
abrj-78	146	6	in	in	ADP
abrj-78	146	7	earning	earn	VERB
abrj-78	146	8	per	per	ADP
abrj-78	146	9	share	share	NOUN
abrj-78	146	10	(	(	PUNCT
abrj-78	146	11	eps	eps	PROPN
abrj-78	146	12	)	)	PUNCT
abrj-78	146	13	can	can	AUX
abrj-78	146	14	be	be	AUX
abrj-78	146	15	caused	cause	VERB
abrj-78	146	16	by	by	ADP
abrj-78	146	17	:	:	PUNCT
abrj-78	146	18	•	•	NUM
abrj-78	146	19	fixed	fix	VERB
abrj-78	146	20	net	net	ADJ
abrj-78	146	21	income	income	NOUN
abrj-78	146	22	and	and	CCONJ
abrj-78	146	23	the	the	DET
abrj-78	146	24	number	number	NOUN
abrj-78	146	25	of	of	ADP
abrj-78	146	26	ordinary	ordinary	ADJ
abrj-78	146	27	shares	share	NOUN
abrj-78	146	28	outstanding	outstanding	ADJ
abrj-78	146	29	increased	increase	VERB
abrj-78	146	30	•	•	NUM
abrj-78	146	31	net	net	ADJ
abrj-78	146	32	income	income	NOUN
abrj-78	146	33	decreased	decrease	VERB
abrj-78	146	34	and	and	CCONJ
abrj-78	146	35	the	the	DET
abrj-78	146	36	number	number	NOUN
abrj-78	146	37	of	of	ADP
abrj-78	146	38	ordinary	ordinary	ADJ
abrj-78	146	39	shares	share	NOUN
abrj-78	146	40	outstanding	outstanding	ADJ
abrj-78	146	41	remained	remain	VERB
abrj-78	146	42	constant	constant	ADJ
abrj-78	146	43	.	.	PUNCT
abrj-78	147	1	•	•	NUM
abrj-78	147	2	net	net	ADJ
abrj-78	147	3	income	income	NOUN
abrj-78	147	4	decreased	decrease	VERB
abrj-78	147	5	and	and	CCONJ
abrj-78	147	6	the	the	DET
abrj-78	147	7	number	number	NOUN
abrj-78	147	8	of	of	ADP
abrj-78	147	9	ordinary	ordinary	ADJ
abrj-78	147	10	shares	share	NOUN
abrj-78	147	11	outstanding	outstanding	ADJ
abrj-78	147	12	increased	increase	VERB
abrj-78	147	13	.	.	PUNCT
abrj-78	148	1	•	•	NUM
abrj-78	148	2	the	the	DET
abrj-78	148	3	percentage	percentage	NOUN
abrj-78	148	4	decrease	decrease	NOUN
abrj-78	148	5	in	in	ADP
abrj-78	148	6	net	net	ADJ
abrj-78	148	7	income	income	NOUN
abrj-78	148	8	is	be	AUX
abrj-78	148	9	greater	great	ADJ
abrj-78	148	10	than	than	ADP
abrj-78	148	11	the	the	DET
abrj-78	148	12	percentage	percentage	NOUN
abrj-78	148	13	decrease	decrease	NOUN
abrj-78	148	14	in	in	ADP
abrj-78	148	15	the	the	DET
abrj-78	148	16	number	number	NOUN
abrj-78	148	17	of	of	ADP
abrj-78	148	18	ordinary	ordinary	ADJ
abrj-78	148	19	shares	share	NOUN
abrj-78	148	20	outstanding	outstanding	ADJ
abrj-78	148	21	.	.	PUNCT
abrj-78	149	1	•	•	CCONJ
abrj-78	149	2	the	the	DET
abrj-78	149	3	percentage	percentage	NOUN
abrj-78	149	4	increase	increase	NOUN
abrj-78	149	5	in	in	ADP
abrj-78	149	6	the	the	DET
abrj-78	149	7	number	number	NOUN
abrj-78	149	8	of	of	ADP
abrj-78	149	9	ordinary	ordinary	ADJ
abrj-78	149	10	shares	share	NOUN
abrj-78	149	11	outstanding	outstanding	ADJ
abrj-78	149	12	is	be	AUX
abrj-78	149	13	greater	great	ADJ
abrj-78	149	14	than	than	ADP
abrj-78	149	15	the	the	DET
abrj-78	149	16	percentage	percentage	NOUN
abrj-78	149	17	increase	increase	NOUN
abrj-78	149	18	in	in	ADP
abrj-78	149	19	net	net	ADJ
abrj-78	149	20	income	income	NOUN
abrj-78	149	21	.	.	PUNCT
abrj-78	150	1	so	so	ADV
abrj-78	150	2	for	for	ADP
abrj-78	150	3	a	a	DET
abrj-78	150	4	company	company	NOUN
abrj-78	150	5	,	,	PUNCT
abrj-78	150	6	the	the	DET
abrj-78	150	7	value	value	NOUN
abrj-78	150	8	of	of	ADP
abrj-78	150	9	earnings	earning	NOUN
abrj-78	150	10	per	per	ADP
abrj-78	150	11	share	share	NOUN
abrj-78	150	12	will	will	AUX
abrj-78	150	13	increase	increase	VERB
abrj-78	150	14	if	if	SCONJ
abrj-78	150	15	the	the	DET
abrj-78	150	16	percentage	percentage	NOUN
abrj-78	150	17	increase	increase	NOUN
abrj-78	150	18	in	in	ADP
abrj-78	150	19	net	net	ADJ
abrj-78	150	20	income	income	NOUN
abrj-78	150	21	is	be	AUX
abrj-78	150	22	greater	great	ADJ
abrj-78	150	23	than	than	ADP
abrj-78	150	24	the	the	DET
abrj-78	150	25	percentage	percentage	NOUN
abrj-78	150	26	increase	increase	NOUN
abrj-78	150	27	in	in	ADP
abrj-78	150	28	the	the	DET
abrj-78	150	29	number	number	NOUN
abrj-78	150	30	of	of	ADP
abrj-78	150	31	ordinary	ordinary	ADJ
abrj-78	150	32	shares	share	NOUN
abrj-78	150	33	outstanding	outstanding	ADJ
abrj-78	150	34	,	,	PUNCT
abrj-78	150	35	and	and	CCONJ
abrj-78	150	36	vice	vice	ADV
abrj-78	150	37	versa	versa	ADV
abrj-78	150	38	.	.	PUNCT
abrj-78	151	1	2.3	2.3	NUM
abrj-78	151	2	.	.	PUNCT
abrj-78	151	3	debt	debt	NOUN
abrj-78	151	4	to	to	ADP
abrj-78	151	5	equity	equity	NOUN
abrj-78	151	6	ratio	ratio	NOUN
abrj-78	151	7	debt	debt	NOUN
abrj-78	151	8	to	to	ADP
abrj-78	151	9	equity	equity	NOUN
abrj-78	151	10	ratio	ratio	NOUN
abrj-78	151	11	(	(	PUNCT
abrj-78	151	12	der	der	NOUN
abrj-78	151	13	)	)	PUNCT
abrj-78	151	14	is	be	AUX
abrj-78	151	15	a	a	DET
abrj-78	151	16	measure	measure	NOUN
abrj-78	151	17	used	use	VERB
abrj-78	151	18	in	in	ADP
abrj-78	151	19	analyzing	analyze	VERB
abrj-78	151	20	financial	financial	ADJ
abrj-78	151	21	statements	statement	NOUN
abrj-78	151	22	to	to	PART
abrj-78	151	23	show	show	VERB
abrj-78	151	24	the	the	DET
abrj-78	151	25	amount	amount	NOUN
abrj-78	151	26	of	of	ADP
abrj-78	151	27	collateral	collateral	NOUN
abrj-78	151	28	available	available	ADJ
abrj-78	151	29	to	to	ADP
abrj-78	151	30	creditors	creditor	NOUN
abrj-78	151	31	(	(	PUNCT
abrj-78	151	32	fahmi	fahmi	PROPN
abrj-78	151	33	,	,	PUNCT
abrj-78	151	34	2015	2015	NUM
abrj-78	151	35	)	)	PUNCT
abrj-78	151	36	.	.	PUNCT
abrj-78	152	1	debt	debt	NOUN
abrj-78	152	2	to	to	ADP
abrj-78	152	3	equity	equity	NOUN
abrj-78	152	4	ratio	ratio	NOUN
abrj-78	152	5	(	(	PUNCT
abrj-78	152	6	der	der	NOUN
abrj-78	152	7	)	)	PUNCT
abrj-78	152	8	is	be	AUX
abrj-78	152	9	one	one	NUM
abrj-78	152	10	of	of	ADP
abrj-78	152	11	the	the	DET
abrj-78	152	12	ratios	ratio	NOUN
abrj-78	152	13	included	include	VERB
abrj-78	152	14	in	in	ADP
abrj-78	152	15	the	the	DET
abrj-78	152	16	leverage	leverage	NOUN
abrj-78	152	17	ratio	ratio	NOUN
abrj-78	152	18	.	.	PUNCT
abrj-78	153	1	the	the	DET
abrj-78	153	2	leverage	leverage	NOUN
abrj-78	153	3	ratio	ratio	NOUN
abrj-78	153	4	describes	describe	VERB
abrj-78	153	5	the	the	DET
abrj-78	153	6	company	company	NOUN
abrj-78	153	7	's	's	PART
abrj-78	153	8	ability	ability	NOUN
abrj-78	153	9	to	to	PART
abrj-78	153	10	meet	meet	VERB
abrj-78	153	11	all	all	DET
abrj-78	153	12	liabilities	liability	NOUN
abrj-78	153	13	with	with	ADP
abrj-78	153	14	the	the	DET
abrj-78	153	15	assets	asset	NOUN
abrj-78	153	16	it	it	PRON
abrj-78	153	17	owns	own	VERB
abrj-78	153	18	.	.	PUNCT
abrj-78	154	1	given	give	VERB
abrj-78	154	2	that	that	SCONJ
abrj-78	154	3	the	the	DET
abrj-78	154	4	leverage	leverage	NOUN
abrj-78	154	5	ratio	ratio	NOUN
abrj-78	154	6	describes	describe	VERB
abrj-78	154	7	the	the	DET
abrj-78	154	8	company	company	NOUN
abrj-78	154	9	's	's	PART
abrj-78	154	10	liabilities	liability	NOUN
abrj-78	154	11	,	,	PUNCT
abrj-78	154	12	the	the	PRON
abrj-78	154	13	greater	great	ADJ
abrj-78	154	14	the	the	DET
abrj-78	154	15	leverage	leverage	NOUN
abrj-78	154	16	ratio	ratio	NOUN
abrj-78	154	17	of	of	ADP
abrj-78	154	18	a	a	DET
abrj-78	154	19	company	company	NOUN
abrj-78	154	20	,	,	PUNCT
abrj-78	154	21	the	the	PRON
abrj-78	154	22	greater	great	ADJ
abrj-78	154	23	the	the	DET
abrj-78	154	24	company	company	NOUN
abrj-78	154	25	's	's	PART
abrj-78	154	26	burden	burden	NOUN
abrj-78	154	27	to	to	PART
abrj-78	154	28	pay	pay	VERB
abrj-78	154	29	the	the	DET
abrj-78	154	30	principal	principal	ADJ
abrj-78	154	31	debt	debt	NOUN
abrj-78	154	32	and	and	CCONJ
abrj-78	154	33	interest	interest	NOUN
abrj-78	154	34	costs	cost	NOUN
abrj-78	154	35	,	,	PUNCT
abrj-78	154	36	which	which	PRON
abrj-78	154	37	means	mean	VERB
abrj-78	154	38	the	the	PRON
abrj-78	154	39	greater	great	ADJ
abrj-78	154	40	the	the	DET
abrj-78	154	41	risk	risk	NOUN
abrj-78	154	42	faced	face	VERB
abrj-78	154	43	by	by	ADP
abrj-78	154	44	the	the	DET
abrj-78	154	45	company	company	NOUN
abrj-78	154	46	(	(	PUNCT
abrj-78	154	47	simatupang	simatupang	PROPN
abrj-78	154	48	,	,	PUNCT
abrj-78	154	49	2010	2010	NUM
abrj-78	154	50	)	)	PUNCT
abrj-78	154	51	.	.	PUNCT
abrj-78	155	1	the	the	DET
abrj-78	155	2	definition	definition	NOUN
abrj-78	155	3	of	of	ADP
abrj-78	155	4	debt	debt	NOUN
abrj-78	155	5	to	to	ADP
abrj-78	155	6	equity	equity	NOUN
abrj-78	155	7	ratio	ratio	NOUN
abrj-78	155	8	according	accord	VERB
abrj-78	155	9	to	to	ADP
abrj-78	155	10	darsono	darsono	NOUN
abrj-78	155	11	and	and	CCONJ
abrj-78	155	12	ashari	ashari	PROPN
abrj-78	155	13	(	(	PUNCT
abrj-78	155	14	2010	2010	NUM
abrj-78	155	15	)	)	PUNCT
abrj-78	155	16	namely	namely	ADV
abrj-78	155	17	:	:	PUNCT
abrj-78	155	18	debt	debt	NOUN
abrj-78	155	19	to	to	ADP
abrj-78	155	20	equity	equity	NOUN
abrj-78	155	21	ratio	ratio	NOUN
abrj-78	155	22	(	(	PUNCT
abrj-78	155	23	der	der	NOUN
abrj-78	155	24	)	)	PUNCT
abrj-78	155	25	is	be	AUX
abrj-78	155	26	one	one	NUM
abrj-78	155	27	of	of	ADP
abrj-78	155	28	the	the	DET
abrj-78	155	29	leverage	leverage	NOUN
abrj-78	155	30	or	or	CCONJ
abrj-78	155	31	solvency	solvency	NOUN
abrj-78	155	32	ratios	ratio	NOUN
abrj-78	155	33	.	.	PUNCT
abrj-78	156	1	the	the	DET
abrj-78	156	2	solvency	solvency	NOUN
abrj-78	156	3	ratio	ratio	NOUN
abrj-78	156	4	is	be	AUX
abrj-78	156	5	the	the	DET
abrj-78	156	6	ratio	ratio	NOUN
abrj-78	156	7	to	to	PART
abrj-78	156	8	determine	determine	VERB
abrj-78	156	9	the	the	DET
abrj-78	156	10	company	company	NOUN
abrj-78	156	11	's	's	PART
abrj-78	156	12	ability	ability	NOUN
abrj-78	156	13	to	to	PART
abrj-78	156	14	pay	pay	VERB
abrj-78	156	15	its	its	PRON
abrj-78	156	16	obligations	obligation	NOUN
abrj-78	156	17	if	if	SCONJ
abrj-78	156	18	the	the	DET
abrj-78	156	19	company	company	NOUN
abrj-78	156	20	is	be	AUX
abrj-78	156	21	liquidated	liquidate	VERB
abrj-78	156	22	.	.	PUNCT
abrj-78	157	1	this	this	DET
abrj-78	157	2	ratio	ratio	NOUN
abrj-78	157	3	is	be	AUX
abrj-78	157	4	also	also	ADV
abrj-78	157	5	known	know	VERB
abrj-78	157	6	as	as	ADP
abrj-78	157	7	the	the	DET
abrj-78	157	8	leverage	leverage	NOUN
abrj-78	157	9	ratio	ratio	NOUN
abrj-78	157	10	,	,	PUNCT
abrj-78	157	11	which	which	PRON
abrj-78	157	12	assesses	assess	VERB
abrj-78	157	13	the	the	DET
abrj-78	157	14	company	company	NOUN
abrj-78	157	15	's	's	PART
abrj-78	157	16	limits	limit	NOUN
abrj-78	157	17	on	on	ADP
abrj-78	157	18	borrowing	borrow	VERB
abrj-78	157	19	money	money	NOUN
abrj-78	157	20	.	.	PUNCT
abrj-78	158	1	according	accord	VERB
abrj-78	158	2	to	to	ADP
abrj-78	158	3	sugiyono	sugiyono	PROPN
abrj-78	158	4	(	(	PUNCT
abrj-78	158	5	2009	2009	NUM
abrj-78	158	6	)	)	PUNCT
abrj-78	158	7	states	state	VERB
abrj-78	158	8	that	that	SCONJ
abrj-78	158	9	:	:	PUNCT
abrj-78	158	10	this	this	DET
abrj-78	158	11	ratio	ratio	NOUN
abrj-78	158	12	shows	show	VERB
abrj-78	158	13	the	the	DET
abrj-78	158	14	ratio	ratio	NOUN
abrj-78	158	15	of	of	ADP
abrj-78	158	16	debt	debt	NOUN
abrj-78	158	17	and	and	CCONJ
abrj-78	158	18	capital	capital	NOUN
abrj-78	158	19	.	.	PUNCT
abrj-78	159	1	this	this	DET
abrj-78	159	2	ratio	ratio	NOUN
abrj-78	159	3	is	be	AUX
abrj-78	159	4	one	one	NUM
abrj-78	159	5	of	of	ADP
abrj-78	159	6	the	the	DET
abrj-78	159	7	important	important	ADJ
abrj-78	159	8	ratios	ratio	NOUN
abrj-78	159	9	because	because	SCONJ
abrj-78	159	10	it	it	PRON
abrj-78	159	11	relates	relate	VERB
abrj-78	159	12	to	to	ADP
abrj-78	159	13	the	the	DET
abrj-78	159	14	problem	problem	NOUN
abrj-78	159	15	of	of	ADP
abrj-78	159	16	trading	trading	NOUN
abrj-78	159	17	on	on	ADP
abrj-78	159	18	equity	equity	NOUN
abrj-78	159	19	,	,	PUNCT
abrj-78	159	20	which	which	PRON
abrj-78	159	21	can	can	AUX
abrj-78	159	22	have	have	VERB
abrj-78	159	23	a	a	DET
abrj-78	159	24	positive	positive	ADJ
abrj-78	159	25	and	and	CCONJ
abrj-78	159	26	negative	negative	ADJ
abrj-78	159	27	impact	impact	NOUN
abrj-78	159	28	on	on	ADP
abrj-78	159	29	the	the	DET
abrj-78	159	30	profitability	profitability	NOUN
abrj-78	159	31	of	of	ADP
abrj-78	159	32	the	the	DET
abrj-78	159	33	company	company	NOUN
abrj-78	159	34	's	's	PART
abrj-78	159	35	capital	capital	NOUN
abrj-78	159	36	.	.	PUNCT
abrj-78	160	1	from	from	ADP
abrj-78	160	2	the	the	DET
abrj-78	160	3	definition	definition	NOUN
abrj-78	160	4	of	of	ADP
abrj-78	160	5	der	der	NOUN
abrj-78	160	6	above	above	ADV
abrj-78	160	7	,	,	PUNCT
abrj-78	160	8	it	it	PRON
abrj-78	160	9	is	be	AUX
abrj-78	160	10	concluded	conclude	VERB
abrj-78	160	11	that	that	SCONJ
abrj-78	160	12	der	der	NOUN
abrj-78	160	13	is	be	AUX
abrj-78	160	14	a	a	DET
abrj-78	160	15	ratio	ratio	NOUN
abrj-78	160	16	used	use	VERB
abrj-78	160	17	to	to	PART
abrj-78	160	18	measure	measure	VERB
abrj-78	160	19	a	a	DET
abrj-78	160	20	company	company	NOUN
abrj-78	160	21	's	's	PART
abrj-78	160	22	ability	ability	NOUN
abrj-78	160	23	to	to	PART
abrj-78	160	24	finance	finance	VERB
abrj-78	160	25	its	its	PRON
abrj-78	160	26	short	short	ADJ
abrj-78	160	27	-	-	PUNCT
abrj-78	160	28	term	term	NOUN
abrj-78	160	29	and	and	CCONJ
abrj-78	160	30	long	long	ADJ
abrj-78	160	31	-	-	PUNCT
abrj-78	160	32	term	term	NOUN
abrj-78	160	33	debt	debt	NOUN
abrj-78	160	34	.	.	PUNCT
abrj-78	161	1	this	this	DET
abrj-78	161	2	ratio	ratio	NOUN
abrj-78	161	3	is	be	AUX
abrj-78	161	4	sought	seek	VERB
abrj-78	161	5	by	by	ADP
abrj-78	161	6	comparing	compare	VERB
abrj-78	161	7	all	all	DET
abrj-78	161	8	debt	debt	NOUN
abrj-78	161	9	,	,	PUNCT
abrj-78	161	10	including	include	VERB
abrj-78	161	11	current	current	ADJ
abrj-78	161	12	debt	debt	NOUN
abrj-78	161	13	,	,	PUNCT
abrj-78	161	14	and	and	CCONJ
abrj-78	161	15	total	total	ADJ
abrj-78	161	16	equity	equity	NOUN
abrj-78	161	17	.	.	PUNCT
abrj-78	162	1	the	the	DET
abrj-78	162	2	use	use	NOUN
abrj-78	162	3	of	of	ADP
abrj-78	162	4	the	the	DET
abrj-78	162	5	debt	debt	NOUN
abrj-78	162	6	to	to	ADP
abrj-78	162	7	equity	equity	NOUN
abrj-78	162	8	ratio	ratio	NOUN
abrj-78	162	9	(	(	PUNCT
abrj-78	162	10	der	der	NOUN
abrj-78	162	11	)	)	PUNCT
abrj-78	162	12	is	be	AUX
abrj-78	162	13	to	to	PART
abrj-78	162	14	find	find	VERB
abrj-78	162	15	out	out	ADP
abrj-78	162	16	every	every	DET
abrj-78	162	17	rupiah	rupiah	NOUN
abrj-78	162	18	of	of	ADP
abrj-78	162	19	own	own	ADJ
abrj-78	162	20	capital	capital	NOUN
abrj-78	162	21	that	that	PRON
abrj-78	162	22	is	be	AUX
abrj-78	162	23	used	use	VERB
abrj-78	162	24	as	as	ADP
abrj-78	162	25	collateral	collateral	NOUN
abrj-78	162	26	for	for	ADP
abrj-78	162	27	a	a	DET
abrj-78	162	28	debt	debt	NOUN
abrj-78	162	29	.	.	PUNCT
abrj-78	163	1	so	so	ADV
abrj-78	163	2	,	,	PUNCT
abrj-78	163	3	it	it	PRON
abrj-78	163	4	can	can	AUX
abrj-78	163	5	be	be	AUX
abrj-78	163	6	concluded	conclude	VERB
abrj-78	163	7	that	that	SCONJ
abrj-78	163	8	the	the	DET
abrj-78	163	9	debt	debt	NOUN
abrj-78	163	10	to	to	ADP
abrj-78	163	11	equity	equity	NOUN
abrj-78	163	12	ratio	ratio	NOUN
abrj-78	163	13	(	(	PUNCT
abrj-78	163	14	der	der	NOUN
abrj-78	163	15	)	)	PUNCT
abrj-78	163	16	shows	show	VERB
abrj-78	163	17	how	how	SCONJ
abrj-78	163	18	the	the	DET
abrj-78	163	19	company	company	NOUN
abrj-78	163	20	's	's	PART
abrj-78	163	21	ability	ability	NOUN
abrj-78	163	22	to	to	PART
abrj-78	163	23	use	use	VERB
abrj-78	163	24	existing	exist	VERB
abrj-78	163	25	capital	capital	NOUN
abrj-78	163	26	to	to	PART
abrj-78	163	27	fulfill	fulfill	VERB
abrj-78	163	28	its	its	PRON
abrj-78	163	29	obligations	obligation	NOUN
abrj-78	163	30	.	.	PUNCT
abrj-78	164	1	2.4	2.4	NUM
abrj-78	164	2	.	.	PUNCT
abrj-78	165	1	return	return	NOUN
abrj-78	165	2	on	on	ADP
abrj-78	165	3	assets	asset	NOUN
abrj-78	165	4	return	return	VERB
abrj-78	165	5	on	on	ADP
abrj-78	165	6	asset	asset	NOUN
abrj-78	165	7	(	(	PUNCT
abrj-78	165	8	roa	roa	NOUN
abrj-78	165	9	)	)	PUNCT
abrj-78	165	10	analysis	analysis	NOUN
abrj-78	165	11	or	or	CCONJ
abrj-78	165	12	often	often	ADV
abrj-78	165	13	translated	translate	VERB
abrj-78	165	14	into	into	ADP
abrj-78	165	15	indonesian	indonesian	PROPN
abrj-78	165	16	as	as	ADP
abrj-78	165	17	economic	economic	ADJ
abrj-78	165	18	profitability	profitability	NOUN
abrj-78	165	19	measures	measure	VERB
abrj-78	165	20	a	a	DET
abrj-78	165	21	company	company	NOUN
abrj-78	165	22	's	's	PART
abrj-78	165	23	ability	ability	NOUN
abrj-78	165	24	to	to	PART
abrj-78	165	25	generate	generate	VERB
abrj-78	165	26	profits	profit	NOUN
abrj-78	165	27	in	in	ADP
abrj-78	165	28	the	the	DET
abrj-78	165	29	past	past	NOUN
abrj-78	165	30	.	.	PUNCT
abrj-78	166	1	this	this	DET
abrj-78	166	2	analysis	analysis	NOUN
abrj-78	166	3	can	can	AUX
abrj-78	166	4	then	then	ADV
abrj-78	166	5	be	be	AUX
abrj-78	166	6	projected	project	VERB
abrj-78	166	7	into	into	ADP
abrj-78	166	8	the	the	DET
abrj-78	166	9	future	future	NOUN
abrj-78	166	10	to	to	PART
abrj-78	166	11	see	see	VERB
abrj-78	166	12	the	the	DET
abrj-78	166	13	company	company	NOUN
abrj-78	166	14	's	's	PART
abrj-78	166	15	ability	ability	NOUN
abrj-78	166	16	to	to	PART
abrj-78	166	17	generate	generate	VERB
abrj-78	166	18	profits	profit	NOUN
abrj-78	166	19	in	in	ADP
abrj-78	166	20	the	the	DET
abrj-78	166	21	future	future	NOUN
abrj-78	166	22	.	.	PUNCT
abrj-78	167	1	according	accord	VERB
abrj-78	167	2	to	to	ADP
abrj-78	167	3	kasmir	kasmir	PROPN
abrj-78	167	4	(	(	PUNCT
abrj-78	167	5	2012	2012	NUM
abrj-78	167	6	)	)	PUNCT
abrj-78	167	7	the	the	DET
abrj-78	167	8	definition	definition	NOUN
abrj-78	167	9	of	of	ADP
abrj-78	167	10	return	return	NOUN
abrj-78	167	11	on	on	ADP
abrj-78	167	12	assets	asset	NOUN
abrj-78	167	13	asian	asian	ADJ
abrj-78	167	14	business	business	PROPN
abrj-78	167	15	research	research	NOUN
abrj-78	167	16	journal	journal	NOUN
abrj-78	167	17	,	,	PUNCT
abrj-78	167	18	2020	2020	NUM
abrj-78	167	19	,	,	PUNCT
abrj-78	167	20	5	5	NUM
abrj-78	167	21	:	:	SYM
abrj-78	167	22	39	39	NUM
abrj-78	167	23	-	-	SYM
abrj-78	167	24	47	47	NUM
abrj-78	167	25	43	43	NUM
abrj-78	167	26	©	©	ADP
abrj-78	167	27	2020	2020	NUM
abrj-78	167	28	by	by	ADP
abrj-78	167	29	the	the	DET
abrj-78	167	30	authors	author	NOUN
abrj-78	167	31	;	;	PUNCT
abrj-78	167	32	licensee	licensee	NOUN
abrj-78	167	33	eastern	eastern	ADJ
abrj-78	167	34	centre	centre	NOUN
abrj-78	167	35	of	of	ADP
abrj-78	167	36	science	science	NOUN
abrj-78	167	37	and	and	CCONJ
abrj-78	167	38	education	education	NOUN
abrj-78	167	39	,	,	PUNCT
abrj-78	167	40	usa	usa	PROPN
abrj-78	167	41	(	(	PUNCT
abrj-78	167	42	roa	roa	PROPN
abrj-78	167	43	)	)	PUNCT
abrj-78	167	44	is	be	AUX
abrj-78	167	45	as	as	SCONJ
abrj-78	167	46	follows	follow	VERB
abrj-78	167	47	:	:	PUNCT
abrj-78	167	48	"	"	PUNCT
abrj-78	167	49	roa	roa	NOUN
abrj-78	167	50	is	be	AUX
abrj-78	167	51	a	a	DET
abrj-78	167	52	ratio	ratio	NOUN
abrj-78	167	53	that	that	PRON
abrj-78	167	54	shows	show	VERB
abrj-78	167	55	the	the	DET
abrj-78	167	56	results	result	NOUN
abrj-78	167	57	(	(	PUNCT
abrj-78	167	58	return	return	NOUN
abrj-78	167	59	)	)	PUNCT
abrj-78	167	60	on	on	ADP
abrj-78	167	61	the	the	DET
abrj-78	167	62	total	total	ADJ
abrj-78	167	63	assets	asset	NOUN
abrj-78	167	64	used	use	VERB
abrj-78	167	65	in	in	ADP
abrj-78	167	66	the	the	DET
abrj-78	167	67	company	company	NOUN
abrj-78	167	68	.	.	PUNCT
abrj-78	168	1	also	also	ADV
abrj-78	168	2	,	,	PUNCT
abrj-78	168	3	roa	roa	PROPN
abrj-78	168	4	provides	provide	VERB
abrj-78	168	5	a	a	DET
abrj-78	168	6	better	well	ADJ
abrj-78	168	7	measure	measure	NOUN
abrj-78	168	8	of	of	ADP
abrj-78	168	9	the	the	DET
abrj-78	168	10	company	company	NOUN
abrj-78	168	11	's	's	PART
abrj-78	168	12	profitability	profitability	NOUN
abrj-78	168	13	because	because	SCONJ
abrj-78	168	14	it	it	PRON
abrj-78	168	15	shows	show	VERB
abrj-78	168	16	the	the	DET
abrj-78	168	17	effectiveness	effectiveness	NOUN
abrj-78	168	18	of	of	ADP
abrj-78	168	19	management	management	NOUN
abrj-78	168	20	in	in	ADP
abrj-78	168	21	using	use	VERB
abrj-78	168	22	assets	asset	NOUN
abrj-78	168	23	to	to	PART
abrj-78	168	24	generate	generate	VERB
abrj-78	168	25	income	income	NOUN
abrj-78	168	26	.	.	PUNCT
abrj-78	169	1	meanwhile	meanwhile	ADV
abrj-78	169	2	,	,	PUNCT
abrj-78	169	3	according	accord	VERB
abrj-78	169	4	to	to	ADP
abrj-78	169	5	fahmi	fahmi	PROPN
abrj-78	169	6	(	(	PUNCT
abrj-78	169	7	2012	2012	NUM
abrj-78	169	8	)	)	PUNCT
abrj-78	169	9	roa	roa	NOUN
abrj-78	169	10	is	be	AUX
abrj-78	169	11	a	a	DET
abrj-78	169	12	ratio	ratio	NOUN
abrj-78	169	13	used	use	VERB
abrj-78	169	14	to	to	PART
abrj-78	169	15	see	see	VERB
abrj-78	169	16	to	to	ADP
abrj-78	169	17	what	what	DET
abrj-78	169	18	extent	extent	NOUN
abrj-78	169	19	the	the	DET
abrj-78	169	20	investment	investment	NOUN
abrj-78	169	21	that	that	PRON
abrj-78	169	22	has	have	AUX
abrj-78	169	23	been	be	AUX
abrj-78	169	24	invested	invest	VERB
abrj-78	169	25	can	can	AUX
abrj-78	169	26	provide	provide	VERB
abrj-78	169	27	returns	return	NOUN
abrj-78	169	28	after	after	ADP
abrj-78	169	29	expected	expect	VERB
abrj-78	169	30	returns	return	NOUN
abrj-78	169	31	based	base	VERB
abrj-78	169	32	on	on	ADP
abrj-78	169	33	assets	asset	NOUN
abrj-78	169	34	owned	own	VERB
abrj-78	169	35	.	.	PUNCT
abrj-78	170	1	this	this	DET
abrj-78	170	2	ratio	ratio	NOUN
abrj-78	170	3	is	be	AUX
abrj-78	170	4	used	use	VERB
abrj-78	170	5	to	to	PART
abrj-78	170	6	measure	measure	VERB
abrj-78	170	7	the	the	DET
abrj-78	170	8	ability	ability	NOUN
abrj-78	170	9	of	of	ADP
abrj-78	170	10	company	company	NOUN
abrj-78	170	11	management	management	NOUN
abrj-78	170	12	to	to	PART
abrj-78	170	13	gain	gain	VERB
abrj-78	170	14	overall	overall	ADJ
abrj-78	170	15	profit	profit	NOUN
abrj-78	170	16	(	(	PUNCT
abrj-78	170	17	profit	profit	NOUN
abrj-78	170	18	)	)	PUNCT
abrj-78	170	19	.	.	PUNCT
abrj-78	171	1	so	so	ADV
abrj-78	171	2	,	,	PUNCT
abrj-78	171	3	seen	see	VERB
abrj-78	171	4	from	from	ADP
abrj-78	171	5	the	the	DET
abrj-78	171	6	above	above	ADJ
abrj-78	171	7	definitions	definition	NOUN
abrj-78	171	8	,	,	PUNCT
abrj-78	171	9	it	it	PRON
abrj-78	171	10	can	can	AUX
abrj-78	171	11	be	be	AUX
abrj-78	171	12	concluded	conclude	VERB
abrj-78	171	13	that	that	SCONJ
abrj-78	171	14	return	return	NOUN
abrj-78	171	15	on	on	ADP
abrj-78	171	16	assets	asset	NOUN
abrj-78	171	17	(	(	PUNCT
abrj-78	171	18	roa	roa	NOUN
abrj-78	171	19	)	)	PUNCT
abrj-78	171	20	is	be	AUX
abrj-78	171	21	a	a	DET
abrj-78	171	22	measurement	measurement	NOUN
abrj-78	171	23	tool	tool	NOUN
abrj-78	171	24	used	use	VERB
abrj-78	171	25	to	to	PART
abrj-78	171	26	measure	measure	VERB
abrj-78	171	27	management	management	NOUN
abrj-78	171	28	's	's	PART
abrj-78	171	29	ability	ability	NOUN
abrj-78	171	30	to	to	PART
abrj-78	171	31	generate	generate	VERB
abrj-78	171	32	profits	profit	NOUN
abrj-78	171	33	using	use	VERB
abrj-78	171	34	company	company	NOUN
abrj-78	171	35	assets	asset	NOUN
abrj-78	171	36	.	.	PUNCT
abrj-78	172	1	roa	roa	PROPN
abrj-78	172	2	is	be	AUX
abrj-78	172	3	the	the	DET
abrj-78	172	4	ratio	ratio	NOUN
abrj-78	172	5	that	that	PRON
abrj-78	172	6	companies	company	NOUN
abrj-78	172	7	use	use	VERB
abrj-78	172	8	in	in	ADP
abrj-78	172	9	calculating	calculate	VERB
abrj-78	172	10	returns	return	NOUN
abrj-78	172	11	on	on	ADP
abrj-78	172	12	the	the	DET
abrj-78	172	13	use	use	NOUN
abrj-78	172	14	of	of	ADP
abrj-78	172	15	several	several	ADJ
abrj-78	172	16	assets	asset	NOUN
abrj-78	172	17	by	by	ADP
abrj-78	172	18	the	the	DET
abrj-78	172	19	company	company	NOUN
abrj-78	172	20	(	(	PUNCT
abrj-78	172	21	horne	horne	PROPN
abrj-78	172	22	&	&	CCONJ
abrj-78	172	23	wachowicz	wachowicz	PROPN
abrj-78	172	24	,	,	PUNCT
abrj-78	172	25	2012	2012	NUM
abrj-78	172	26	)	)	PUNCT
abrj-78	172	27	.	.	PUNCT
abrj-78	173	1	according	accord	VERB
abrj-78	173	2	to	to	ADP
abrj-78	173	3	kasmir	kasmir	PROPN
abrj-78	173	4	(	(	PUNCT
abrj-78	173	5	2016	2016	NUM
abrj-78	173	6	)	)	PUNCT
abrj-78	173	7	return	return	NOUN
abrj-78	173	8	on	on	ADP
abrj-78	173	9	assets	asset	NOUN
abrj-78	173	10	(	(	PUNCT
abrj-78	173	11	roa	roa	NOUN
abrj-78	173	12	)	)	PUNCT
abrj-78	173	13	is	be	AUX
abrj-78	173	14	a	a	DET
abrj-78	173	15	ratio	ratio	NOUN
abrj-78	173	16	that	that	PRON
abrj-78	173	17	shows	show	VERB
abrj-78	173	18	the	the	DET
abrj-78	173	19	return	return	NOUN
abrj-78	173	20	on	on	ADP
abrj-78	173	21	the	the	DET
abrj-78	173	22	total	total	ADJ
abrj-78	173	23	assets	asset	NOUN
abrj-78	173	24	used	use	VERB
abrj-78	173	25	by	by	ADP
abrj-78	173	26	the	the	DET
abrj-78	173	27	company	company	NOUN
abrj-78	173	28	.	.	PUNCT
abrj-78	174	1	2.5	2.5	NUM
abrj-78	174	2	.	.	PUNCT
abrj-78	175	1	the	the	DET
abrj-78	175	2	value	value	NOUN
abrj-78	175	3	of	of	ADP
abrj-78	175	4	the	the	DET
abrj-78	175	5	company	company	NOUN
abrj-78	175	6	price	price	NOUN
abrj-78	175	7	to	to	ADP
abrj-78	175	8	book	book	NOUN
abrj-78	175	9	value	value	NOUN
abrj-78	175	10	(	(	PUNCT
abrj-78	175	11	pbv	pbv	VERB
abrj-78	175	12	)	)	PUNCT
abrj-78	175	13	will	will	AUX
abrj-78	175	14	be	be	AUX
abrj-78	175	15	used	use	VERB
abrj-78	175	16	in	in	ADP
abrj-78	175	17	this	this	DET
abrj-78	175	18	study	study	NOUN
abrj-78	175	19	as	as	ADP
abrj-78	175	20	a	a	DET
abrj-78	175	21	proxy	proxy	NOUN
abrj-78	175	22	for	for	ADP
abrj-78	175	23	firm	firm	ADJ
abrj-78	175	24	value	value	NOUN
abrj-78	175	25	.	.	PUNCT
abrj-78	176	1	the	the	DET
abrj-78	176	2	ratio	ratio	NOUN
abrj-78	176	3	of	of	ADP
abrj-78	176	4	the	the	DET
abrj-78	176	5	stock	stock	NOUN
abrj-78	176	6	price	price	NOUN
abrj-78	176	7	to	to	ADP
abrj-78	176	8	the	the	DET
abrj-78	176	9	company	company	NOUN
abrj-78	176	10	's	's	PART
abrj-78	176	11	book	book	NOUN
abrj-78	176	12	value	value	NOUN
abrj-78	176	13	or	or	CCONJ
abrj-78	176	14	price	price	NOUN
abrj-78	176	15	to	to	ADP
abrj-78	176	16	book	book	NOUN
abrj-78	176	17	value	value	NOUN
abrj-78	176	18	(	(	PUNCT
abrj-78	176	19	pbv	pbv	NOUN
abrj-78	176	20	)	)	PUNCT
abrj-78	176	21	,	,	PUNCT
abrj-78	176	22	shows	show	VERB
abrj-78	176	23	the	the	DET
abrj-78	176	24	level	level	NOUN
abrj-78	176	25	of	of	ADP
abrj-78	176	26	the	the	DET
abrj-78	176	27	company	company	NOUN
abrj-78	176	28	's	's	PART
abrj-78	176	29	ability	ability	NOUN
abrj-78	176	30	to	to	PART
abrj-78	176	31	create	create	VERB
abrj-78	176	32	value	value	NOUN
abrj-78	176	33	relative	relative	ADJ
abrj-78	176	34	to	to	ADP
abrj-78	176	35	the	the	DET
abrj-78	176	36	amount	amount	NOUN
abrj-78	176	37	of	of	ADP
abrj-78	176	38	invested	invest	VERB
abrj-78	176	39	capital	capital	NOUN
abrj-78	176	40	.	.	PUNCT
abrj-78	177	1	a	a	DET
abrj-78	177	2	high	high	ADJ
abrj-78	177	3	pbv	pbv	NOUN
abrj-78	177	4	reflects	reflect	VERB
abrj-78	177	5	a	a	DET
abrj-78	177	6	high	high	ADJ
abrj-78	177	7	share	share	NOUN
abrj-78	177	8	price	price	NOUN
abrj-78	177	9	compared	compare	VERB
abrj-78	177	10	to	to	ADP
abrj-78	177	11	book	book	NOUN
abrj-78	177	12	value	value	NOUN
abrj-78	177	13	per	per	ADP
abrj-78	177	14	share	share	NOUN
abrj-78	177	15	.	.	PUNCT
abrj-78	178	1	the	the	DET
abrj-78	178	2	market	market	NOUN
abrj-78	178	3	price	price	NOUN
abrj-78	178	4	ratio	ratio	NOUN
abrj-78	178	5	to	to	ADP
abrj-78	178	6	book	book	NOUN
abrj-78	178	7	value	value	NOUN
abrj-78	178	8	is	be	AUX
abrj-78	178	9	the	the	DET
abrj-78	178	10	division	division	NOUN
abrj-78	178	11	of	of	ADP
abrj-78	178	12	the	the	DET
abrj-78	178	13	market	market	NOUN
abrj-78	178	14	price	price	NOUN
abrj-78	178	15	per	per	ADP
abrj-78	178	16	share	share	NOUN
abrj-78	178	17	by	by	ADP
abrj-78	178	18	the	the	DET
abrj-78	178	19	book	book	NOUN
abrj-78	178	20	value	value	NOUN
abrj-78	178	21	per	per	ADP
abrj-78	178	22	share	share	NOUN
abrj-78	178	23	.	.	PUNCT
abrj-78	179	1	this	this	DET
abrj-78	179	2	ratio	ratio	NOUN
abrj-78	179	3	compares	compare	VERB
abrj-78	179	4	the	the	DET
abrj-78	179	5	market	market	NOUN
abrj-78	179	6	value	value	NOUN
abrj-78	179	7	of	of	ADP
abrj-78	179	8	the	the	DET
abrj-78	179	9	investment	investment	NOUN
abrj-78	179	10	in	in	ADP
abrj-78	179	11	the	the	DET
abrj-78	179	12	company	company	NOUN
abrj-78	179	13	with	with	ADP
abrj-78	179	14	its	its	PRON
abrj-78	179	15	costs	cost	NOUN
abrj-78	179	16	.	.	PUNCT
abrj-78	180	1	a	a	DET
abrj-78	180	2	value	value	NOUN
abrj-78	180	3	of	of	ADP
abrj-78	180	4	less	less	ADJ
abrj-78	180	5	than	than	ADP
abrj-78	180	6	1	1	NUM
abrj-78	180	7	means	mean	VERB
abrj-78	180	8	that	that	SCONJ
abrj-78	180	9	the	the	DET
abrj-78	180	10	company	company	NOUN
abrj-78	180	11	fails	fail	VERB
abrj-78	180	12	to	to	PART
abrj-78	180	13	create	create	VERB
abrj-78	180	14	value	value	NOUN
abrj-78	180	15	for	for	ADP
abrj-78	180	16	its	its	PRON
abrj-78	180	17	shareholders	shareholder	NOUN
abrj-78	180	18	(	(	PUNCT
abrj-78	180	19	rahardjo	rahardjo	PROPN
abrj-78	180	20	,	,	PUNCT
abrj-78	180	21	2009	2009	NUM
abrj-78	180	22	)	)	PUNCT
abrj-78	180	23	.	.	PUNCT
abrj-78	181	1	3	3	X
abrj-78	181	2	.	.	X
abrj-78	181	3	research	research	NOUN
abrj-78	181	4	methods	method	NOUN
abrj-78	181	5	3.1	3.1	NUM
abrj-78	181	6	.	.	NOUN
abrj-78	181	7	time	time	NOUN
abrj-78	181	8	and	and	CCONJ
abrj-78	181	9	location	location	NOUN
abrj-78	181	10	of	of	ADP
abrj-78	181	11	research	research	NOUN
abrj-78	181	12	in	in	ADP
abrj-78	181	13	conducting	conduct	VERB
abrj-78	181	14	this	this	DET
abrj-78	181	15	research	research	NOUN
abrj-78	181	16	,	,	PUNCT
abrj-78	181	17	the	the	DET
abrj-78	181	18	research	research	NOUN
abrj-78	181	19	location	location	NOUN
abrj-78	181	20	chosen	choose	VERB
abrj-78	181	21	by	by	ADP
abrj-78	181	22	the	the	DET
abrj-78	181	23	researcher	researcher	NOUN
abrj-78	181	24	was	be	AUX
abrj-78	181	25	in	in	ADP
abrj-78	181	26	various	various	ADJ
abrj-78	181	27	industry	industry	NOUN
abrj-78	181	28	sub	sub	ADJ
abrj-78	181	29	-	-	ADJ
abrj-78	181	30	sector	sector	ADJ
abrj-78	181	31	manufacturing	manufacturing	NOUN
abrj-78	181	32	companies	company	NOUN
abrj-78	181	33	that	that	PRON
abrj-78	181	34	were	be	AUX
abrj-78	181	35	listed	list	VERB
abrj-78	181	36	on	on	ADP
abrj-78	181	37	the	the	DET
abrj-78	181	38	indonesia	indonesia	PROPN
abrj-78	181	39	stock	stock	PROPN
abrj-78	181	40	exchange	exchange	PROPN
abrj-78	181	41	(	(	PUNCT
abrj-78	181	42	idx	idx	PROPN
abrj-78	181	43	)	)	PUNCT
abrj-78	181	44	during	during	ADP
abrj-78	181	45	the	the	DET
abrj-78	181	46	period	period	NOUN
abrj-78	181	47	2016	2016	NUM
abrj-78	181	48	-	-	SYM
abrj-78	181	49	2018	2018	NUM
abrj-78	181	50	.	.	PUNCT
abrj-78	182	1	3.2	3.2	NUM
abrj-78	182	2	.	.	PUNCT
abrj-78	182	3	research	research	NOUN
abrj-78	182	4	design	design	VERB
abrj-78	182	5	the	the	DET
abrj-78	182	6	research	research	NOUN
abrj-78	182	7	design	design	NOUN
abrj-78	182	8	used	use	VERB
abrj-78	182	9	in	in	ADP
abrj-78	182	10	this	this	DET
abrj-78	182	11	research	research	NOUN
abrj-78	182	12	is	be	AUX
abrj-78	182	13	descriptive	descriptive	ADJ
abrj-78	182	14	analysis	analysis	NOUN
abrj-78	182	15	and	and	CCONJ
abrj-78	182	16	verification	verification	NOUN
abrj-78	182	17	methods	method	NOUN
abrj-78	182	18	.	.	PUNCT
abrj-78	183	1	descriptive	descriptive	ADJ
abrj-78	183	2	analysis	analysis	NOUN
abrj-78	183	3	is	be	AUX
abrj-78	183	4	carried	carry	VERB
abrj-78	183	5	out	out	ADP
abrj-78	183	6	to	to	PART
abrj-78	183	7	obtain	obtain	VERB
abrj-78	183	8	a	a	DET
abrj-78	183	9	description	description	NOUN
abrj-78	183	10	or	or	CCONJ
abrj-78	183	11	information	information	NOUN
abrj-78	183	12	about	about	ADP
abrj-78	183	13	the	the	DET
abrj-78	183	14	variables	variable	NOUN
abrj-78	183	15	studied	study	VERB
abrj-78	183	16	and	and	CCONJ
abrj-78	183	17	observed	observe	VERB
abrj-78	183	18	based	base	VERB
abrj-78	183	19	on	on	ADP
abrj-78	183	20	the	the	DET
abrj-78	183	21	statistical	statistical	ADJ
abrj-78	183	22	data	datum	NOUN
abrj-78	183	23	obtained	obtain	VERB
abrj-78	183	24	.	.	PUNCT
abrj-78	184	1	the	the	DET
abrj-78	184	2	descriptive	descriptive	ADJ
abrj-78	184	3	method	method	NOUN
abrj-78	184	4	in	in	ADP
abrj-78	184	5	this	this	DET
abrj-78	184	6	study	study	NOUN
abrj-78	184	7	is	be	AUX
abrj-78	184	8	intended	intend	VERB
abrj-78	184	9	to	to	PART
abrj-78	184	10	determine	determine	VERB
abrj-78	184	11	the	the	DET
abrj-78	184	12	development	development	NOUN
abrj-78	184	13	of	of	ADP
abrj-78	184	14	debt	debt	NOUN
abrj-78	184	15	to	to	ADP
abrj-78	184	16	equity	equity	NOUN
abrj-78	184	17	ratio	ratio	NOUN
abrj-78	184	18	and	and	CCONJ
abrj-78	184	19	return	return	VERB
abrj-78	184	20	on	on	ADP
abrj-78	184	21	assets	asset	NOUN
abrj-78	184	22	to	to	ADP
abrj-78	184	23	earning	earn	VERB
abrj-78	184	24	per	per	ADP
abrj-78	184	25	share	share	NOUN
abrj-78	184	26	with	with	ADP
abrj-78	184	27	firm	firm	ADJ
abrj-78	184	28	value	value	NOUN
abrj-78	184	29	as	as	ADP
abrj-78	184	30	the	the	DET
abrj-78	184	31	moderating	moderate	VERB
abrj-78	184	32	variable	variable	NOUN
abrj-78	184	33	.	.	PUNCT
abrj-78	185	1	meanwhile	meanwhile	ADV
abrj-78	185	2	,	,	PUNCT
abrj-78	185	3	verification	verification	NOUN
abrj-78	185	4	analysis	analysis	NOUN
abrj-78	185	5	is	be	AUX
abrj-78	185	6	carried	carry	VERB
abrj-78	185	7	out	out	ADP
abrj-78	185	8	to	to	PART
abrj-78	185	9	test	test	VERB
abrj-78	185	10	the	the	DET
abrj-78	185	11	hypothesis	hypothesis	NOUN
abrj-78	185	12	using	use	VERB
abrj-78	185	13	a	a	DET
abrj-78	185	14	statistical	statistical	ADJ
abrj-78	185	15	test	test	NOUN
abrj-78	185	16	tool	tool	NOUN
abrj-78	185	17	,	,	PUNCT
abrj-78	185	18	namely	namely	ADV
abrj-78	185	19	the	the	DET
abrj-78	185	20	multiple	multiple	ADJ
abrj-78	185	21	regression	regression	NOUN
abrj-78	185	22	method	method	NOUN
abrj-78	185	23	.	.	PUNCT
abrj-78	186	1	the	the	DET
abrj-78	186	2	verification	verification	NOUN
abrj-78	186	3	method	method	NOUN
abrj-78	186	4	in	in	ADP
abrj-78	186	5	this	this	DET
abrj-78	186	6	study	study	NOUN
abrj-78	186	7	aims	aim	VERB
abrj-78	186	8	to	to	PART
abrj-78	186	9	determine	determine	VERB
abrj-78	186	10	the	the	DET
abrj-78	186	11	effect	effect	NOUN
abrj-78	186	12	of	of	ADP
abrj-78	186	13	debt	debt	NOUN
abrj-78	186	14	to	to	ADP
abrj-78	186	15	equity	equity	NOUN
abrj-78	186	16	ratio	ratio	NOUN
abrj-78	186	17	and	and	CCONJ
abrj-78	186	18	return	return	VERB
abrj-78	186	19	on	on	ADP
abrj-78	186	20	assets	asset	NOUN
abrj-78	186	21	on	on	ADP
abrj-78	186	22	earning	earn	VERB
abrj-78	186	23	per	per	ADP
abrj-78	186	24	share	share	NOUN
abrj-78	186	25	with	with	ADP
abrj-78	186	26	firm	firm	ADJ
abrj-78	186	27	value	value	NOUN
abrj-78	186	28	as	as	ADP
abrj-78	186	29	a	a	DET
abrj-78	186	30	moderating	moderate	VERB
abrj-78	186	31	variable	variable	NOUN
abrj-78	186	32	.	.	PUNCT
abrj-78	187	1	this	this	DET
abrj-78	187	2	phenomenon	phenomenon	NOUN
abrj-78	187	3	can	can	AUX
abrj-78	187	4	be	be	AUX
abrj-78	187	5	designed	design	VERB
abrj-78	187	6	through	through	ADP
abrj-78	187	7	the	the	DET
abrj-78	187	8	following	following	ADJ
abrj-78	187	9	mathematical	mathematical	ADJ
abrj-78	187	10	functions	function	NOUN
abrj-78	187	11	:	:	PUNCT
abrj-78	187	12	3.2.1	3.2.1	NUM
abrj-78	187	13	.	.	PUNCT
abrj-78	187	14	model	model	NOUN
abrj-78	187	15	1	1	NUM
abrj-78	187	16	the	the	DET
abrj-78	187	17	role	role	NOUN
abrj-78	187	18	of	of	ADP
abrj-78	187	19	the	the	DET
abrj-78	187	20	variable	variable	ADJ
abrj-78	187	21	x1	x1	ADJ
abrj-78	187	22	debt	debt	NOUN
abrj-78	187	23	to	to	ADP
abrj-78	187	24	equity	equity	NOUN
abrj-78	187	25	ratio	ratio	NOUN
abrj-78	187	26	(	(	PUNCT
abrj-78	187	27	der	der	NOUN
abrj-78	187	28	)	)	PUNCT
abrj-78	187	29	,	,	PUNCT
abrj-78	187	30	to	to	ADP
abrj-78	187	31	the	the	DET
abrj-78	187	32	variable	variable	ADJ
abrj-78	187	33	y	y	PROPN
abrj-78	187	34	earning	earn	VERB
abrj-78	187	35	press	press	NOUN
abrj-78	187	36	share	share	NOUN
abrj-78	187	37	(	(	PUNCT
abrj-78	187	38	eps	eps	PROPN
abrj-78	187	39	)	)	PUNCT
abrj-78	187	40	with	with	ADP
abrj-78	187	41	firm	firm	ADJ
abrj-78	187	42	value	value	NOUN
abrj-78	187	43	(	(	PUNCT
abrj-78	187	44	pbv	pbv	VERB
abrj-78	187	45	)	)	PUNCT
abrj-78	187	46	as	as	SCONJ
abrj-78	187	47	the	the	DET
abrj-78	187	48	moderating	moderate	VERB
abrj-78	187	49	variable	variable	NOUN
abrj-78	187	50	x3	x3	PROPN
abrj-78	187	51	can	can	AUX
abrj-78	187	52	be	be	AUX
abrj-78	187	53	formulated	formulate	VERB
abrj-78	187	54	by:1	by:1	NOUN
abrj-78	187	55	)	)	PUNCT
abrj-78	187	56	eps	eps	NOUN
abrj-78	187	57	=	=	PUNCT
abrj-78	187	58	α	α	PROPN
abrj-78	187	59	+	+	NUM
abrj-78	187	60	β1der	β1der	PRON
abrj-78	187	61	+	+	CCONJ
abrj-78	187	62	e	e	NOUN
abrj-78	187	63	2	2	NUM
abrj-78	187	64	)	)	PUNCT
abrj-78	187	65	eps	eps	NOUN
abrj-78	187	66	=	=	SYM
abrj-78	187	67	α	α	PROPN
abrj-78	187	68	+	+	NOUN
abrj-78	187	69	β1der	β1der	PRON
abrj-78	188	1	+	+	ADJ
abrj-78	188	2	β2np	β2np	PUNCT
abrj-78	188	3	+	+	CCONJ
abrj-78	188	4	β3der.np	β3der.np	NOUN
abrj-78	188	5	this	this	DET
abrj-78	188	6	analysis	analysis	NOUN
abrj-78	188	7	can	can	AUX
abrj-78	188	8	be	be	AUX
abrj-78	188	9	described	describe	VERB
abrj-78	188	10	as	as	ADP
abrj-78	188	11	follows	follow	VERB
abrj-78	188	12	:	:	PUNCT
abrj-78	188	13	figure-2	figure-2	X
abrj-78	188	14	.	.	PUNCT
abrj-78	189	1	regression	regression	NOUN
abrj-78	189	2	relationship	relationship	NOUN
abrj-78	189	3	model	model	NOUN
abrj-78	189	4	with	with	ADP
abrj-78	189	5	the	the	DET
abrj-78	189	6	first	first	ADJ
abrj-78	189	7	moderating	moderate	VERB
abrj-78	189	8	variable	variable	NOUN
abrj-78	189	9	.	.	PUNCT
abrj-78	190	1	source	source	NOUN
abrj-78	190	2	:	:	PUNCT
abrj-78	190	3	processing	processing	NOUN
abrj-78	190	4	results	result	NOUN
abrj-78	190	5	,	,	PUNCT
abrj-78	190	6	2020	2020	NUM
abrj-78	190	7	.	.	PUNCT
abrj-78	191	1	3.2.2	3.2.2	NUM
abrj-78	191	2	.	.	PUNCT
abrj-78	191	3	model	model	NOUN
abrj-78	191	4	2	2	NUM
abrj-78	191	5	the	the	DET
abrj-78	191	6	role	role	NOUN
abrj-78	191	7	between	between	ADP
abrj-78	191	8	the	the	DET
abrj-78	191	9	variable	variable	ADJ
abrj-78	191	10	x2	x2	PROPN
abrj-78	191	11	return	return	NOUN
abrj-78	191	12	on	on	ADP
abrj-78	191	13	assets	asset	NOUN
abrj-78	191	14	(	(	PUNCT
abrj-78	191	15	roa	roa	NOUN
abrj-78	191	16	)	)	PUNCT
abrj-78	191	17	,	,	PUNCT
abrj-78	191	18	on	on	ADP
abrj-78	191	19	the	the	DET
abrj-78	191	20	variable	variable	ADJ
abrj-78	191	21	y	y	PROPN
abrj-78	191	22	earning	earn	VERB
abrj-78	191	23	press	press	NOUN
abrj-78	191	24	share	share	NOUN
abrj-78	191	25	(	(	PUNCT
abrj-78	191	26	eps	eps	PROPN
abrj-78	191	27	)	)	PUNCT
abrj-78	191	28	with	with	ADP
abrj-78	191	29	firm	firm	ADJ
abrj-78	191	30	value	value	NOUN
abrj-78	191	31	(	(	PUNCT
abrj-78	191	32	pbv	pbv	VERB
abrj-78	191	33	)	)	PUNCT
abrj-78	191	34	as	as	ADP
abrj-78	191	35	the	the	DET
abrj-78	191	36	moderating	moderate	VERB
abrj-78	191	37	variable	variable	NOUN
abrj-78	191	38	x3	x3	PROPN
abrj-78	191	39	can	can	AUX
abrj-78	191	40	be	be	AUX
abrj-78	191	41	formulated	formulate	VERB
abrj-78	191	42	by:1	by:1	NOUN
abrj-78	191	43	)	)	PUNCT
abrj-78	191	44	eps	eps	NOUN
abrj-78	191	45	=	=	PUNCT
abrj-78	191	46	α	α	PROPN
abrj-78	191	47	+	+	NOUN
abrj-78	191	48	β1roa	β1roa	NUM
abrj-78	192	1	+	+	NUM
abrj-78	192	2	e	e	NOUN
abrj-78	192	3	2	2	NUM
abrj-78	192	4	)	)	PUNCT
abrj-78	192	5	eps	eps	NOUN
abrj-78	192	6	=	=	PUNCT
abrj-78	192	7	α	α	PROPN
abrj-78	192	8	+	+	PUNCT
abrj-78	192	9	β1roa	β1roa	PUNCT
abrj-78	192	10	+	+	NOUN
abrj-78	192	11	β2np	β2np	PUNCT
abrj-78	192	12	+	+	CCONJ
abrj-78	192	13	β3roa.np	β3roa.np	SYM
abrj-78	192	14	this	this	DET
abrj-78	192	15	analysis	analysis	NOUN
abrj-78	192	16	can	can	AUX
abrj-78	192	17	be	be	AUX
abrj-78	192	18	described	describe	VERB
abrj-78	192	19	as	as	ADP
abrj-78	192	20	follows	follow	VERB
abrj-78	192	21	:	:	PUNCT
abrj-78	192	22	figure-3	figure-3	NUM
abrj-78	192	23	.	.	PUNCT
abrj-78	193	1	regression	regression	NOUN
abrj-78	193	2	relationship	relationship	NOUN
abrj-78	193	3	model	model	NOUN
abrj-78	193	4	with	with	ADP
abrj-78	193	5	the	the	DET
abrj-78	193	6	second	second	ADJ
abrj-78	193	7	moderating	moderate	VERB
abrj-78	193	8	variable	variable	NOUN
abrj-78	193	9	.	.	PUNCT
abrj-78	194	1	3.3	3.3	NUM
abrj-78	194	2	.	.	PUNCT
abrj-78	195	1	population	population	NOUN
abrj-78	195	2	and	and	CCONJ
abrj-78	195	3	sample	sample	NOUN
abrj-78	195	4	sugiyono	sugiyono	NOUN
abrj-78	195	5	(	(	PUNCT
abrj-78	195	6	2009	2009	NUM
abrj-78	195	7	)	)	PUNCT
abrj-78	195	8	states	state	VERB
abrj-78	195	9	that	that	SCONJ
abrj-78	195	10	the	the	DET
abrj-78	195	11	population	population	NOUN
abrj-78	195	12	is	be	AUX
abrj-78	195	13	a	a	DET
abrj-78	195	14	generalization	generalization	NOUN
abrj-78	195	15	area	area	NOUN
abrj-78	195	16	consisting	consist	VERB
abrj-78	195	17	of	of	ADP
abrj-78	195	18	objects	object	NOUN
abrj-78	195	19	/	/	SYM
abrj-78	195	20	subjects	subject	NOUN
abrj-78	195	21	that	that	PRON
abrj-78	195	22	have	have	VERB
abrj-78	195	23	certain	certain	ADJ
abrj-78	195	24	qualities	quality	NOUN
abrj-78	195	25	and	and	CCONJ
abrj-78	195	26	characteristics	characteristic	NOUN
abrj-78	195	27	that	that	PRON
abrj-78	195	28	are	be	AUX
abrj-78	195	29	determined	determine	VERB
abrj-78	195	30	by	by	ADP
abrj-78	195	31	the	the	DET
abrj-78	195	32	researcher	researcher	NOUN
abrj-78	195	33	to	to	PART
abrj-78	195	34	be	be	AUX
abrj-78	195	35	studied	study	VERB
abrj-78	195	36	and	and	CCONJ
abrj-78	195	37	then	then	ADV
abrj-78	195	38	draw	draw	VERB
abrj-78	195	39	conclusions	conclusion	NOUN
abrj-78	195	40	.	.	PUNCT
abrj-78	196	1	asian	asian	ADJ
abrj-78	196	2	business	business	PROPN
abrj-78	196	3	research	research	NOUN
abrj-78	196	4	journal	journal	NOUN
abrj-78	196	5	,	,	PUNCT
abrj-78	196	6	2020	2020	NUM
abrj-78	196	7	,	,	PUNCT
abrj-78	196	8	5	5	NUM
abrj-78	196	9	:	:	SYM
abrj-78	196	10	39	39	NUM
abrj-78	196	11	-	-	SYM
abrj-78	196	12	47	47	NUM
abrj-78	196	13	44	44	NUM
abrj-78	196	14	©	©	PROPN
abrj-78	196	15	2020	2020	NUM
abrj-78	196	16	by	by	ADP
abrj-78	196	17	the	the	DET
abrj-78	196	18	authors	author	NOUN
abrj-78	196	19	;	;	PUNCT
abrj-78	196	20	licensee	licensee	NOUN
abrj-78	196	21	eastern	eastern	ADJ
abrj-78	196	22	centre	centre	NOUN
abrj-78	196	23	of	of	ADP
abrj-78	196	24	science	science	NOUN
abrj-78	196	25	and	and	CCONJ
abrj-78	196	26	education	education	NOUN
abrj-78	196	27	,	,	PUNCT
abrj-78	196	28	usa	usa	PROPN
abrj-78	196	29	the	the	DET
abrj-78	196	30	population	population	NOUN
abrj-78	196	31	in	in	ADP
abrj-78	196	32	this	this	DET
abrj-78	196	33	study	study	NOUN
abrj-78	196	34	was	be	AUX
abrj-78	196	35	45	45	NUM
abrj-78	196	36	companies	company	NOUN
abrj-78	196	37	in	in	ADP
abrj-78	196	38	various	various	ADJ
abrj-78	196	39	industrial	industrial	ADJ
abrj-78	196	40	sub	sub	NOUN
abrj-78	196	41	-	-	NOUN
abrj-78	196	42	sectors	sector	NOUN
abrj-78	196	43	listed	list	VERB
abrj-78	196	44	on	on	ADP
abrj-78	196	45	the	the	DET
abrj-78	196	46	indonesia	indonesia	PROPN
abrj-78	196	47	stock	stock	PROPN
abrj-78	196	48	exchange	exchange	PROPN
abrj-78	196	49	(	(	PUNCT
abrj-78	196	50	bei	bei	PROPN
abrj-78	196	51	)	)	PUNCT
abrj-78	196	52	during	during	ADP
abrj-78	196	53	the	the	DET
abrj-78	196	54	2016	2016	NUM
abrj-78	196	55	2018	2018	NUM
abrj-78	196	56	period	period	NOUN
abrj-78	196	57	.	.	PUNCT
abrj-78	197	1	the	the	DET
abrj-78	197	2	sample	sample	NOUN
abrj-78	197	3	is	be	AUX
abrj-78	197	4	part	part	NOUN
abrj-78	197	5	of	of	ADP
abrj-78	197	6	the	the	DET
abrj-78	197	7	number	number	NOUN
abrj-78	197	8	and	and	CCONJ
abrj-78	197	9	characteristics	characteristic	NOUN
abrj-78	197	10	of	of	ADP
abrj-78	197	11	the	the	DET
abrj-78	197	12	population	population	NOUN
abrj-78	197	13	.	.	PUNCT
abrj-78	198	1	the	the	DET
abrj-78	198	2	sampling	sample	VERB
abrj-78	198	3	technique	technique	NOUN
abrj-78	198	4	is	be	AUX
abrj-78	198	5	a	a	DET
abrj-78	198	6	sampling	sampling	NOUN
abrj-78	198	7	technique	technique	NOUN
abrj-78	198	8	(	(	PUNCT
abrj-78	198	9	sugiyono	sugiyono	NOUN
abrj-78	198	10	,	,	PUNCT
abrj-78	198	11	2009	2009	NUM
abrj-78	198	12	)	)	PUNCT
abrj-78	198	13	.	.	PUNCT
abrj-78	199	1	the	the	DET
abrj-78	199	2	sampling	sample	VERB
abrj-78	199	3	technique	technique	NOUN
abrj-78	199	4	used	use	VERB
abrj-78	199	5	in	in	ADP
abrj-78	199	6	this	this	DET
abrj-78	199	7	research	research	NOUN
abrj-78	199	8	was	be	AUX
abrj-78	199	9	purposive	purposive	ADJ
abrj-78	199	10	sampling	sampling	NOUN
abrj-78	199	11	.	.	PUNCT
abrj-78	200	1	the	the	DET
abrj-78	200	2	data	datum	NOUN
abrj-78	200	3	analysis	analysis	NOUN
abrj-78	200	4	technique	technique	NOUN
abrj-78	200	5	used	use	VERB
abrj-78	200	6	path	path	NOUN
abrj-78	200	7	analysis	analysis	NOUN
abrj-78	200	8	.	.	PUNCT
abrj-78	201	1	4	4	X
abrj-78	201	2	.	.	X
abrj-78	201	3	research	research	NOUN
abrj-78	201	4	results	result	NOUN
abrj-78	201	5	and	and	CCONJ
abrj-78	201	6	discussion	discussion	NOUN
abrj-78	201	7	4.1	4.1	NUM
abrj-78	201	8	.	.	PUNCT
abrj-78	202	1	moderated	moderate	VERB
abrj-78	202	2	regression	regression	NOUN
abrj-78	202	3	analysis	analysis	NOUN
abrj-78	202	4	equations	equation	NOUN
abrj-78	202	5	moderated	moderate	VERB
abrj-78	202	6	regression	regression	NOUN
abrj-78	202	7	analysis	analysis	NOUN
abrj-78	202	8	equation	equation	NOUN
abrj-78	202	9	is	be	AUX
abrj-78	202	10	used	use	VERB
abrj-78	202	11	to	to	PART
abrj-78	202	12	predict	predict	VERB
abrj-78	202	13	and	and	CCONJ
abrj-78	202	14	test	test	VERB
abrj-78	202	15	the	the	DET
abrj-78	202	16	changes	change	NOUN
abrj-78	202	17	that	that	PRON
abrj-78	202	18	occur	occur	VERB
abrj-78	202	19	in	in	ADP
abrj-78	202	20	earning	earn	VERB
abrj-78	202	21	per	per	ADP
abrj-78	202	22	share	share	NOUN
abrj-78	202	23	(	(	PUNCT
abrj-78	202	24	eps	eps	PROPN
abrj-78	202	25	)	)	PUNCT
abrj-78	202	26	which	which	PRON
abrj-78	202	27	can	can	AUX
abrj-78	202	28	be	be	AUX
abrj-78	202	29	explained	explain	VERB
abrj-78	202	30	by	by	ADP
abrj-78	202	31	two	two	NUM
abrj-78	202	32	independent	independent	ADJ
abrj-78	202	33	variables	variable	NOUN
abrj-78	202	34	and	and	CCONJ
abrj-78	202	35	reinforced	reinforce	VERB
abrj-78	202	36	or	or	CCONJ
abrj-78	202	37	amplified	amplify	VERB
abrj-78	202	38	by	by	ADP
abrj-78	202	39	one	one	NUM
abrj-78	202	40	moderating	moderate	VERB
abrj-78	202	41	variable	variable	NOUN
abrj-78	202	42	.	.	PUNCT
abrj-78	203	1	4.1.1	4.1.1	X
abrj-78	203	2	.	.	PUNCT
abrj-78	204	1	moderated	moderate	VERB
abrj-78	204	2	regression	regression	NOUN
abrj-78	204	3	analysis	analysis	NOUN
abrj-78	204	4	equations	equation	NOUN
abrj-78	204	5	for	for	ADP
abrj-78	204	6	der	der	NOUN
abrj-78	204	7	(	(	PUNCT
abrj-78	204	8	x1	x1	PROPN
abrj-78	204	9	)	)	PUNCT
abrj-78	204	10	,	,	PUNCT
abrj-78	204	11	pbv	pbv	VERB
abrj-78	204	12	(	(	PUNCT
abrj-78	204	13	x3	x3	ADJ
abrj-78	204	14	)	)	PUNCT
abrj-78	204	15	,	,	PUNCT
abrj-78	204	16	and	and	CCONJ
abrj-78	204	17	eps	eps	PROPN
abrj-78	204	18	(	(	PUNCT
abrj-78	204	19	y	y	NOUN
abrj-78	204	20	)	)	PUNCT
abrj-78	204	21	to	to	PART
abrj-78	204	22	determine	determine	VERB
abrj-78	204	23	the	the	DET
abrj-78	204	24	effect	effect	NOUN
abrj-78	204	25	of	of	ADP
abrj-78	204	26	debt	debt	NOUN
abrj-78	204	27	to	to	ADP
abrj-78	204	28	equity	equity	NOUN
abrj-78	204	29	ratio	ratio	NOUN
abrj-78	204	30	(	(	PUNCT
abrj-78	204	31	der	der	NOUN
abrj-78	204	32	)	)	PUNCT
abrj-78	204	33	on	on	ADP
abrj-78	204	34	earning	earn	VERB
abrj-78	204	35	per	per	ADP
abrj-78	204	36	share	share	NOUN
abrj-78	204	37	(	(	PUNCT
abrj-78	204	38	eps	eps	PROPN
abrj-78	204	39	)	)	PUNCT
abrj-78	204	40	which	which	PRON
abrj-78	204	41	is	be	AUX
abrj-78	204	42	moderated	moderate	VERB
abrj-78	204	43	by	by	ADP
abrj-78	204	44	firm	firm	ADJ
abrj-78	204	45	value	value	NOUN
abrj-78	204	46	(	(	PUNCT
abrj-78	204	47	pbv	pbv	ADJ
abrj-78	204	48	)	)	PUNCT
abrj-78	204	49	,	,	PUNCT
abrj-78	204	50	analysis	analysis	NOUN
abrj-78	204	51	calculations	calculation	NOUN
abrj-78	204	52	using	use	VERB
abrj-78	204	53	moderated	moderated	ADJ
abrj-78	204	54	regression	regression	NOUN
abrj-78	204	55	analysis	analysis	NOUN
abrj-78	204	56	(	(	PUNCT
abrj-78	204	57	mra	mra	NOUN
abrj-78	204	58	)	)	PUNCT
abrj-78	204	59	are	be	AUX
abrj-78	204	60	performed	perform	VERB
abrj-78	204	61	.	.	PUNCT
abrj-78	205	1	the	the	DET
abrj-78	205	2	results	result	NOUN
abrj-78	205	3	of	of	ADP
abrj-78	205	4	calculations	calculation	NOUN
abrj-78	205	5	using	use	VERB
abrj-78	205	6	spss	spss	PROPN
abrj-78	205	7	obtained	obtain	VERB
abrj-78	205	8	regression	regression	NOUN
abrj-78	205	9	coefficients	coefficient	NOUN
abrj-78	205	10	and	and	CCONJ
abrj-78	205	11	constant	constant	ADJ
abrj-78	205	12	values	value	NOUN
abrj-78	205	13	as	as	ADP
abrj-78	205	14	in	in	ADP
abrj-78	205	15	the	the	DET
abrj-78	205	16	following	follow	VERB
abrj-78	205	17	table	table	NOUN
abrj-78	205	18	:	:	PUNCT
abrj-78	205	19	table-3	table-3	X
abrj-78	205	20	.	.	PUNCT
abrj-78	206	1	regression	regression	NOUN
abrj-78	206	2	coefficient	coefficient	NOUN
abrj-78	206	3	results	result	VERB
abrj-78	206	4	der	der	ADJ
abrj-78	206	5	(	(	PUNCT
abrj-78	206	6	x1	x1	PROPN
abrj-78	206	7	)	)	PUNCT
abrj-78	206	8	,	,	PUNCT
abrj-78	206	9	pbv	pbv	VERB
abrj-78	206	10	(	(	PUNCT
abrj-78	206	11	x3	x3	ADJ
abrj-78	206	12	)	)	PUNCT
abrj-78	206	13	,	,	PUNCT
abrj-78	206	14	and	and	CCONJ
abrj-78	206	15	eps	eps	PROPN
abrj-78	206	16	(	(	PUNCT
abrj-78	206	17	y	y	PROPN
abrj-78	206	18	)	)	PUNCT
abrj-78	206	19	.	.	PUNCT
abrj-78	207	1	model	model	PROPN
abrj-78	207	2	unstandardized	unstandardized	ADJ
abrj-78	207	3	coefficients	coefficient	NOUN
abrj-78	207	4	standardized	standardize	VERB
abrj-78	207	5	coefficients	coefficient	NOUN
abrj-78	207	6	t	t	PROPN
abrj-78	207	7	sig	sig	PROPN
abrj-78	207	8	.	.	PUNCT
abrj-78	208	1	b	b	X
abrj-78	208	2	std	std	PROPN
abrj-78	208	3	.	.	NOUN
abrj-78	208	4	error	error	NOUN
abrj-78	208	5	beta	beta	NOUN
abrj-78	208	6	1	1	NUM
abrj-78	208	7	(	(	PUNCT
abrj-78	208	8	constant	constant	ADJ
abrj-78	208	9	)	)	PUNCT
abrj-78	208	10	169.070	169.070	NUM
abrj-78	208	11	212.329	212.329	NUM
abrj-78	208	12	.796	.796	NUM
abrj-78	208	13	.432	.432	NUM
abrj-78	208	14	der	der	NOUN
abrj-78	208	15	2.876	2.876	NUM
abrj-78	208	16	61.535	61.535	NUM
abrj-78	208	17	.013	.013	NUM
abrj-78	208	18	.047	.047	NUM
abrj-78	208	19	.963	.963	NUM
abrj-78	208	20	pbv	pbv	VERB
abrj-78	208	21	16.460	16.460	NUM
abrj-78	208	22	43.738	43.738	NUM
abrj-78	208	23	.113	.113	NUM
abrj-78	208	24	.376	.376	NUM
abrj-78	208	25	.709	.709	NUM
abrj-78	209	1	der*pbv	der*pbv	PROPN
abrj-78	210	1	11.079	11.079	NUM
abrj-78	210	2	15.490	15.490	NUM
abrj-78	210	3	.255	.255	NUM
abrj-78	210	4	.715	.715	NUM
abrj-78	210	5	.480	.480	NUM
abrj-78	210	6	note	note	NOUN
abrj-78	210	7	:	:	PUNCT
abrj-78	210	8	a.	a.	NOUN
abrj-78	210	9	dependent	dependent	ADJ
abrj-78	210	10	variable	variable	NOUN
abrj-78	210	11	:	:	PUNCT
abrj-78	210	12	earning	earn	VERB
abrj-78	210	13	per	per	ADP
abrj-78	210	14	share	share	NOUN
abrj-78	210	15	(	(	PUNCT
abrj-78	210	16	eps	eps	PROPN
abrj-78	210	17	)	)	PUNCT
abrj-78	210	18	(	(	PUNCT
abrj-78	210	19	y	y	NOUN
abrj-78	210	20	)	)	PUNCT
abrj-78	210	21	.	.	PUNCT
abrj-78	211	1	the	the	DET
abrj-78	211	2	regression	regression	NOUN
abrj-78	211	3	equation	equation	NOUN
abrj-78	211	4	that	that	PRON
abrj-78	211	5	explains	explain	VERB
abrj-78	211	6	the	the	DET
abrj-78	211	7	effect	effect	NOUN
abrj-78	211	8	of	of	ADP
abrj-78	211	9	debt	debt	NOUN
abrj-78	211	10	to	to	ADP
abrj-78	211	11	equity	equity	NOUN
abrj-78	211	12	ratio	ratio	NOUN
abrj-78	211	13	(	(	PUNCT
abrj-78	211	14	der	der	NOUN
abrj-78	211	15	)	)	PUNCT
abrj-78	211	16	on	on	ADP
abrj-78	211	17	earning	earn	VERB
abrj-78	211	18	per	per	ADP
abrj-78	211	19	share	share	NOUN
abrj-78	211	20	(	(	PUNCT
abrj-78	211	21	eps	eps	PROPN
abrj-78	211	22	)	)	PUNCT
abrj-78	211	23	moderated	moderate	VERB
abrj-78	211	24	by	by	ADP
abrj-78	211	25	firm	firm	ADJ
abrj-78	211	26	value	value	NOUN
abrj-78	211	27	(	(	PUNCT
abrj-78	211	28	pbv	pbv	NOUN
abrj-78	211	29	)	)	PUNCT
abrj-78	211	30	is	be	AUX
abrj-78	211	31	:	:	PUNCT
abrj-78	211	32	y	y	PROPN
abrj-78	211	33	=	=	PUNCT
abrj-78	211	34	169,070	169,070	NUM
abrj-78	211	35	+	+	CCONJ
abrj-78	211	36	2,876	2,876	NUM
abrj-78	211	37	x1	x1	NOUN
abrj-78	211	38	+	+	CCONJ
abrj-78	212	1	16,460	16,460	NUM
abrj-78	212	2	x3	x3	ADJ
abrj-78	212	3	+	+	CCONJ
abrj-78	212	4	11,079	11,079	NUM
abrj-78	212	5	x1.x3	x1.x3	PROPN
abrj-78	213	1	the	the	DET
abrj-78	213	2	debt	debt	NOUN
abrj-78	213	3	to	to	ADP
abrj-78	213	4	equity	equity	NOUN
abrj-78	213	5	ratio	ratio	NOUN
abrj-78	213	6	(	(	PUNCT
abrj-78	213	7	der	der	ADJ
abrj-78	213	8	)	)	PUNCT
abrj-78	213	9	variable	variable	ADJ
abrj-78	213	10	regression	regression	NOUN
abrj-78	213	11	coefficient	coefficient	NOUN
abrj-78	213	12	of	of	ADP
abrj-78	213	13	169,070	169,070	NUM
abrj-78	213	14	explains	explain	VERB
abrj-78	213	15	the	the	DET
abrj-78	213	16	magnitude	magnitude	NOUN
abrj-78	213	17	of	of	ADP
abrj-78	213	18	the	the	DET
abrj-78	213	19	change	change	NOUN
abrj-78	213	20	in	in	ADP
abrj-78	213	21	the	the	DET
abrj-78	213	22	score	score	NOUN
abrj-78	213	23	of	of	ADP
abrj-78	213	24	earning	earn	VERB
abrj-78	213	25	per	per	ADP
abrj-78	213	26	share	share	NOUN
abrj-78	213	27	(	(	PUNCT
abrj-78	213	28	eps	eps	PROPN
abrj-78	213	29	)	)	PUNCT
abrj-78	213	30	because	because	SCONJ
abrj-78	213	31	of	of	ADP
abrj-78	213	32	the	the	DET
abrj-78	213	33	effect	effect	NOUN
abrj-78	213	34	of	of	ADP
abrj-78	213	35	debt	debt	NOUN
abrj-78	213	36	to	to	ADP
abrj-78	213	37	equity	equity	NOUN
abrj-78	213	38	ratio	ratio	NOUN
abrj-78	213	39	(	(	PUNCT
abrj-78	213	40	der	der	NOUN
abrj-78	213	41	)	)	PUNCT
abrj-78	213	42	on	on	ADP
abrj-78	213	43	earning	earn	VERB
abrj-78	213	44	per	per	ADP
abrj-78	213	45	share	share	NOUN
abrj-78	213	46	(	(	PUNCT
abrj-78	213	47	eps	eps	PROPN
abrj-78	213	48	)	)	PUNCT
abrj-78	213	49	.	.	PUNCT
abrj-78	214	1	a	a	DET
abrj-78	214	2	positive	positive	ADJ
abrj-78	214	3	sign	sign	NOUN
abrj-78	214	4	indicates	indicate	VERB
abrj-78	214	5	the	the	DET
abrj-78	214	6	direction	direction	NOUN
abrj-78	214	7	of	of	ADP
abrj-78	214	8	the	the	DET
abrj-78	214	9	relationship	relationship	NOUN
abrj-78	214	10	is	be	AUX
abrj-78	214	11	directly	directly	ADV
abrj-78	214	12	proportional	proportional	ADJ
abrj-78	214	13	(	(	PUNCT
abrj-78	214	14	inline	inline	NOUN
abrj-78	214	15	)	)	PUNCT
abrj-78	214	16	.	.	PUNCT
abrj-78	215	1	so	so	ADV
abrj-78	215	2	when	when	SCONJ
abrj-78	215	3	there	there	PRON
abrj-78	215	4	is	be	VERB
abrj-78	215	5	an	an	DET
abrj-78	215	6	increase	increase	NOUN
abrj-78	215	7	in	in	ADP
abrj-78	215	8	the	the	DET
abrj-78	215	9	score	score	NOUN
abrj-78	215	10	of	of	ADP
abrj-78	215	11	the	the	DET
abrj-78	215	12	debt	debt	NOUN
abrj-78	215	13	to	to	ADP
abrj-78	215	14	equity	equity	NOUN
abrj-78	215	15	ratio	ratio	NOUN
abrj-78	215	16	(	(	PUNCT
abrj-78	215	17	der	der	ADJ
abrj-78	215	18	)	)	PUNCT
abrj-78	215	19	variable	variable	NOUN
abrj-78	215	20	,	,	PUNCT
abrj-78	215	21	the	the	DET
abrj-78	215	22	earning	earning	NOUN
abrj-78	215	23	per	per	ADP
abrj-78	215	24	share	share	NOUN
abrj-78	215	25	(	(	PUNCT
abrj-78	215	26	eps	eps	NOUN
abrj-78	215	27	)	)	PUNCT
abrj-78	215	28	score	score	NOUN
abrj-78	215	29	will	will	AUX
abrj-78	215	30	increase	increase	VERB
abrj-78	215	31	by	by	ADP
abrj-78	215	32	169,070	169,070	NUM
abrj-78	215	33	,	,	PUNCT
abrj-78	215	34	assuming	assume	VERB
abrj-78	215	35	that	that	SCONJ
abrj-78	215	36	other	other	ADJ
abrj-78	215	37	factors	factor	NOUN
abrj-78	215	38	are	be	AUX
abrj-78	215	39	constant	constant	ADJ
abrj-78	215	40	(	(	PUNCT
abrj-78	215	41	unchanged	unchanged	ADJ
abrj-78	215	42	)	)	PUNCT
abrj-78	215	43	.	.	PUNCT
abrj-78	216	1	so	so	ADV
abrj-78	216	2	the	the	DET
abrj-78	216	3	more	more	ADV
abrj-78	216	4	appropriate	appropriate	ADJ
abrj-78	216	5	the	the	DET
abrj-78	216	6	debt	debt	NOUN
abrj-78	216	7	to	to	ADP
abrj-78	216	8	equity	equity	NOUN
abrj-78	216	9	ratio	ratio	NOUN
abrj-78	216	10	(	(	PUNCT
abrj-78	216	11	der	der	NOUN
abrj-78	216	12	)	)	PUNCT
abrj-78	216	13	,	,	PUNCT
abrj-78	216	14	the	the	DET
abrj-78	216	15	eps	eps	PROPN
abrj-78	216	16	will	will	AUX
abrj-78	216	17	increase	increase	VERB
abrj-78	216	18	(	(	PUNCT
abrj-78	216	19	better	well	ADJ
abrj-78	216	20	)	)	PUNCT
abrj-78	216	21	.	.	PUNCT
abrj-78	217	1	the	the	DET
abrj-78	217	2	variable	variable	ADJ
abrj-78	217	3	regression	regression	NOUN
abrj-78	217	4	coefficient	coefficient	NOUN
abrj-78	217	5	(	(	PUNCT
abrj-78	217	6	x3	x3	ADJ
abrj-78	217	7	)	)	PUNCT
abrj-78	217	8	of	of	ADP
abrj-78	217	9	2,876	2,876	NUM
abrj-78	217	10	shows	show	VERB
abrj-78	217	11	the	the	DET
abrj-78	217	12	magnitude	magnitude	NOUN
abrj-78	217	13	of	of	ADP
abrj-78	217	14	the	the	DET
abrj-78	217	15	change	change	NOUN
abrj-78	217	16	in	in	ADP
abrj-78	217	17	earning	earn	VERB
abrj-78	217	18	per	per	ADP
abrj-78	217	19	share	share	NOUN
abrj-78	217	20	(	(	PUNCT
abrj-78	217	21	eps	eps	PROPN
abrj-78	217	22	)	)	PUNCT
abrj-78	217	23	due	due	ADP
abrj-78	217	24	to	to	ADP
abrj-78	217	25	the	the	DET
abrj-78	217	26	influence	influence	NOUN
abrj-78	217	27	of	of	ADP
abrj-78	217	28	the	the	DET
abrj-78	217	29	variable	variable	ADJ
abrj-78	217	30	firm	firm	NOUN
abrj-78	217	31	value	value	NOUN
abrj-78	217	32	(	(	PUNCT
abrj-78	217	33	pbv	pbv	VERB
abrj-78	217	34	)	)	PUNCT
abrj-78	217	35	on	on	ADP
abrj-78	217	36	earning	earn	VERB
abrj-78	217	37	per	per	ADP
abrj-78	217	38	share	share	NOUN
abrj-78	217	39	(	(	PUNCT
abrj-78	217	40	eps	eps	PROPN
abrj-78	217	41	)	)	PUNCT
abrj-78	217	42	.	.	PUNCT
abrj-78	218	1	a	a	DET
abrj-78	218	2	positive	positive	ADJ
abrj-78	218	3	sign	sign	NOUN
abrj-78	218	4	indicates	indicate	VERB
abrj-78	218	5	the	the	DET
abrj-78	218	6	direction	direction	NOUN
abrj-78	218	7	of	of	ADP
abrj-78	218	8	the	the	DET
abrj-78	218	9	relationship	relationship	NOUN
abrj-78	218	10	that	that	PRON
abrj-78	218	11	is	be	AUX
abrj-78	218	12	directly	directly	ADV
abrj-78	218	13	proportional	proportional	ADJ
abrj-78	218	14	(	(	PUNCT
abrj-78	218	15	inline	inline	NOUN
abrj-78	218	16	)	)	PUNCT
abrj-78	218	17	.	.	PUNCT
abrj-78	219	1	so	so	ADV
abrj-78	219	2	every	every	DET
abrj-78	219	3	time	time	NOUN
abrj-78	219	4	there	there	PRON
abrj-78	219	5	is	be	VERB
abrj-78	219	6	an	an	DET
abrj-78	219	7	increase	increase	NOUN
abrj-78	219	8	in	in	ADP
abrj-78	219	9	one	one	NUM
abrj-78	219	10	unit	unit	NOUN
abrj-78	219	11	variable	variable	ADJ
abrj-78	219	12	score	score	NOUN
abrj-78	219	13	(	(	PUNCT
abrj-78	219	14	x3	x3	ADJ
abrj-78	219	15	)	)	PUNCT
abrj-78	219	16	,	,	PUNCT
abrj-78	219	17	the	the	DET
abrj-78	219	18	eps	eps	PROPN
abrj-78	219	19	will	will	AUX
abrj-78	219	20	increase	increase	VERB
abrj-78	219	21	by	by	ADP
abrj-78	219	22	2,876	2,876	NUM
abrj-78	219	23	assuming	assume	VERB
abrj-78	219	24	the	the	DET
abrj-78	219	25	other	other	ADJ
abrj-78	219	26	factors	factor	NOUN
abrj-78	219	27	are	be	AUX
abrj-78	219	28	constant	constant	ADJ
abrj-78	219	29	(	(	PUNCT
abrj-78	219	30	unchanged	unchanged	ADJ
abrj-78	219	31	)	)	PUNCT
abrj-78	219	32	.	.	PUNCT
abrj-78	220	1	so	so	ADV
abrj-78	220	2	the	the	DET
abrj-78	220	3	higher	high	ADJ
abrj-78	220	4	(	(	PUNCT
abrj-78	220	5	x3	x3	ADJ
abrj-78	220	6	)	)	PUNCT
abrj-78	220	7	,	,	PUNCT
abrj-78	220	8	the	the	DET
abrj-78	220	9	earning	earning	NOUN
abrj-78	220	10	per	per	ADP
abrj-78	220	11	share	share	NOUN
abrj-78	220	12	(	(	PUNCT
abrj-78	220	13	eps	eps	NOUN
abrj-78	220	14	)	)	PUNCT
abrj-78	220	15	will	will	AUX
abrj-78	220	16	increase	increase	VERB
abrj-78	220	17	(	(	PUNCT
abrj-78	220	18	better	well	ADJ
abrj-78	220	19	)	)	PUNCT
abrj-78	220	20	.	.	PUNCT
abrj-78	221	1	the	the	DET
abrj-78	221	2	regression	regression	NOUN
abrj-78	221	3	coefficient	coefficient	NOUN
abrj-78	221	4	of	of	ADP
abrj-78	221	5	the	the	DET
abrj-78	221	6	moderating	moderate	VERB
abrj-78	221	7	variable	variable	NOUN
abrj-78	221	8	x1x3	x1x3	X
abrj-78	221	9	(	(	PUNCT
abrj-78	221	10	interaction	interaction	NOUN
abrj-78	221	11	x1x3	x1x3	X
abrj-78	221	12	)	)	PUNCT
abrj-78	221	13	which	which	PRON
abrj-78	221	14	is	be	AUX
abrj-78	221	15	the	the	DET
abrj-78	221	16	interaction	interaction	NOUN
abrj-78	221	17	between	between	ADP
abrj-78	221	18	the	the	DET
abrj-78	221	19	debt	debt	NOUN
abrj-78	221	20	to	to	ADP
abrj-78	221	21	equity	equity	NOUN
abrj-78	221	22	ratio	ratio	NOUN
abrj-78	221	23	(	(	PUNCT
abrj-78	221	24	der	der	NOUN
abrj-78	221	25	)	)	PUNCT
abrj-78	221	26	and	and	CCONJ
abrj-78	221	27	pbv	pbv	ADJ
abrj-78	221	28	is	be	AUX
abrj-78	221	29	obtained	obtain	VERB
abrj-78	221	30	as	as	ADP
abrj-78	221	31	positive	positive	ADJ
abrj-78	221	32	.	.	PUNCT
abrj-78	222	1	so	so	ADV
abrj-78	222	2	it	it	PRON
abrj-78	222	3	can	can	AUX
abrj-78	222	4	be	be	AUX
abrj-78	222	5	explained	explain	VERB
abrj-78	222	6	that	that	PRON
abrj-78	222	7	pbv	pbv	VERB
abrj-78	222	8	strengthens	strengthen	VERB
abrj-78	222	9	the	the	DET
abrj-78	222	10	effect	effect	NOUN
abrj-78	222	11	of	of	ADP
abrj-78	222	12	debt	debt	NOUN
abrj-78	222	13	to	to	ADP
abrj-78	222	14	equity	equity	NOUN
abrj-78	222	15	ratio	ratio	NOUN
abrj-78	222	16	(	(	PUNCT
abrj-78	222	17	der	der	NOUN
abrj-78	222	18	)	)	PUNCT
abrj-78	222	19	on	on	ADP
abrj-78	222	20	earning	earn	VERB
abrj-78	222	21	per	per	ADP
abrj-78	222	22	share	share	NOUN
abrj-78	222	23	(	(	PUNCT
abrj-78	222	24	eps	eps	PROPN
abrj-78	222	25	)	)	PUNCT
abrj-78	222	26	.	.	PUNCT
abrj-78	223	1	4.1.2	4.1.2	X
abrj-78	223	2	.	.	PUNCT
abrj-78	223	3	equation	equation	NOUN
abrj-78	223	4	of	of	ADP
abrj-78	223	5	moderated	moderated	ADJ
abrj-78	223	6	regression	regression	NOUN
abrj-78	223	7	analysis	analysis	NOUN
abrj-78	223	8	of	of	ADP
abrj-78	223	9	roa	roa	PROPN
abrj-78	223	10	(	(	PUNCT
abrj-78	223	11	x2	x2	PROPN
abrj-78	223	12	)	)	PUNCT
abrj-78	223	13	,	,	PUNCT
abrj-78	223	14	pbv	pbv	VERB
abrj-78	223	15	(	(	PUNCT
abrj-78	223	16	x3	x3	ADJ
abrj-78	223	17	)	)	PUNCT
abrj-78	223	18	,	,	PUNCT
abrj-78	223	19	and	and	CCONJ
abrj-78	223	20	eps	eps	PROPN
abrj-78	223	21	(	(	PUNCT
abrj-78	223	22	y	y	NOUN
abrj-78	223	23	)	)	PUNCT
abrj-78	223	24	to	to	PART
abrj-78	223	25	determine	determine	VERB
abrj-78	223	26	the	the	DET
abrj-78	223	27	effect	effect	NOUN
abrj-78	223	28	of	of	ADP
abrj-78	223	29	return	return	NOUN
abrj-78	223	30	on	on	ADP
abrj-78	223	31	asset	asset	NOUN
abrj-78	223	32	(	(	PUNCT
abrj-78	223	33	roa	roa	PROPN
abrj-78	223	34	)	)	PUNCT
abrj-78	223	35	and	and	CCONJ
abrj-78	223	36	firm	firm	ADJ
abrj-78	223	37	value	value	NOUN
abrj-78	223	38	(	(	PUNCT
abrj-78	223	39	pbv	pbv	VERB
abrj-78	223	40	)	)	PUNCT
abrj-78	223	41	on	on	ADP
abrj-78	223	42	earning	earn	VERB
abrj-78	223	43	per	per	ADP
abrj-78	223	44	share	share	NOUN
abrj-78	223	45	(	(	PUNCT
abrj-78	223	46	eps	eps	PROPN
abrj-78	223	47	)	)	PUNCT
abrj-78	223	48	,	,	PUNCT
abrj-78	223	49	which	which	PRON
abrj-78	223	50	is	be	AUX
abrj-78	223	51	moderated	moderate	VERB
abrj-78	223	52	by	by	ADP
abrj-78	223	53	firm	firm	ADJ
abrj-78	223	54	value	value	NOUN
abrj-78	223	55	(	(	PUNCT
abrj-78	223	56	pbv	pbv	ADJ
abrj-78	223	57	)	)	PUNCT
abrj-78	223	58	,	,	PUNCT
abrj-78	223	59	analysis	analysis	NOUN
abrj-78	223	60	is	be	AUX
abrj-78	223	61	calculated	calculate	VERB
abrj-78	223	62	using	use	VERB
abrj-78	223	63	moderated	moderated	ADJ
abrj-78	223	64	regression	regression	NOUN
abrj-78	223	65	analysis	analysis	NOUN
abrj-78	223	66	(	(	PUNCT
abrj-78	223	67	mra	mra	NOUN
abrj-78	223	68	)	)	PUNCT
abrj-78	223	69	.	.	PUNCT
abrj-78	224	1	the	the	DET
abrj-78	224	2	results	result	NOUN
abrj-78	224	3	of	of	ADP
abrj-78	224	4	calculations	calculation	NOUN
abrj-78	224	5	using	use	VERB
abrj-78	224	6	spss	spss	PROPN
abrj-78	224	7	obtained	obtain	VERB
abrj-78	224	8	regression	regression	NOUN
abrj-78	224	9	coefficients	coefficient	NOUN
abrj-78	224	10	and	and	CCONJ
abrj-78	224	11	constant	constant	ADJ
abrj-78	224	12	values	value	NOUN
abrj-78	224	13	as	as	ADP
abrj-78	224	14	in	in	ADP
abrj-78	224	15	the	the	DET
abrj-78	224	16	following	follow	VERB
abrj-78	224	17	table	table	NOUN
abrj-78	224	18	:	:	PUNCT
abrj-78	224	19	table-4	table-4	X
abrj-78	224	20	.	.	PUNCT
abrj-78	225	1	regression	regression	NOUN
abrj-78	225	2	coefficient	coefficient	NOUN
abrj-78	225	3	results	result	VERB
abrj-78	225	4	roa	roa	PROPN
abrj-78	225	5	(	(	PUNCT
abrj-78	225	6	x2	x2	PROPN
abrj-78	225	7	)	)	PUNCT
abrj-78	225	8	,	,	PUNCT
abrj-78	225	9	pbv	pbv	VERB
abrj-78	225	10	(	(	PUNCT
abrj-78	225	11	x3	x3	ADJ
abrj-78	225	12	)	)	PUNCT
abrj-78	225	13	,	,	PUNCT
abrj-78	225	14	and	and	CCONJ
abrj-78	225	15	eps	eps	PROPN
abrj-78	225	16	(	(	PUNCT
abrj-78	225	17	y	y	PROPN
abrj-78	225	18	)	)	PUNCT
abrj-78	225	19	.	.	PUNCT
abrj-78	226	1	model	model	PROPN
abrj-78	226	2	unstandardized	unstandardized	ADJ
abrj-78	226	3	coefficients	coefficient	NOUN
abrj-78	226	4	standardized	standardize	VERB
abrj-78	226	5	coefficients	coefficient	NOUN
abrj-78	226	6	t	t	PROPN
abrj-78	226	7	sig	sig	PROPN
abrj-78	226	8	.	.	PUNCT
abrj-78	227	1	b	b	X
abrj-78	227	2	std	std	PROPN
abrj-78	227	3	.	.	NOUN
abrj-78	227	4	error	error	NOUN
abrj-78	227	5	beta	beta	NOUN
abrj-78	227	6	1	1	NUM
abrj-78	227	7	(	(	PUNCT
abrj-78	227	8	constant	constant	ADJ
abrj-78	227	9	)	)	PUNCT
abrj-78	227	10	160.338	160.338	NUM
abrj-78	227	11	139.370	139.370	NUM
abrj-78	227	12	1.150	1.150	NUM
abrj-78	227	13	.259	.259	NUM
abrj-78	227	14	roa	roa	PROPN
abrj-78	227	15	41.772	41.772	NUM
abrj-78	227	16	21.743	21.743	NUM
abrj-78	227	17	.754	.754	NUM
abrj-78	227	18	1.921	1.921	NUM
abrj-78	227	19	.064	.064	NUM
abrj-78	227	20	pbv	pbv	VERB
abrj-78	227	21	23.441	23.441	NUM
abrj-78	227	22	26.552	26.552	NUM
abrj-78	227	23	.160	.160	NUM
abrj-78	227	24	.883	.883	NUM
abrj-78	227	25	.384	.384	NUM
abrj-78	228	1	roa*pbv	roa*pbv	VERB
abrj-78	228	2	-2.367	-2.367	PUNCT
abrj-78	228	3	2.372	2.372	NUM
abrj-78	228	4	-.408	-.408	PROPN
abrj-78	228	5	-.998	-.998	ADV
abrj-78	228	6	.326	.326	NUM
abrj-78	228	7	note	note	NOUN
abrj-78	228	8	:	:	PUNCT
abrj-78	228	9	a.	a.	NOUN
abrj-78	228	10	dependent	dependent	ADJ
abrj-78	228	11	variable	variable	NOUN
abrj-78	228	12	:	:	PUNCT
abrj-78	228	13	eps	eps	PROPN
abrj-78	228	14	(	(	PUNCT
abrj-78	228	15	y	y	PROPN
abrj-78	228	16	)	)	PUNCT
abrj-78	228	17	.	.	PUNCT
abrj-78	229	1	the	the	DET
abrj-78	229	2	regression	regression	NOUN
abrj-78	229	3	equation	equation	NOUN
abrj-78	229	4	that	that	PRON
abrj-78	229	5	explains	explain	VERB
abrj-78	229	6	the	the	DET
abrj-78	229	7	effect	effect	NOUN
abrj-78	229	8	of	of	ADP
abrj-78	229	9	return	return	NOUN
abrj-78	229	10	on	on	ADP
abrj-78	229	11	assets	asset	NOUN
abrj-78	229	12	(	(	PUNCT
abrj-78	229	13	roa	roa	NOUN
abrj-78	229	14	)	)	PUNCT
abrj-78	229	15	and	and	CCONJ
abrj-78	229	16	firm	firm	ADJ
abrj-78	229	17	value	value	NOUN
abrj-78	229	18	(	(	PUNCT
abrj-78	229	19	pbv	pbv	VERB
abrj-78	229	20	)	)	PUNCT
abrj-78	229	21	on	on	ADP
abrj-78	229	22	earning	earn	VERB
abrj-78	229	23	per	per	ADP
abrj-78	229	24	share	share	NOUN
abrj-78	229	25	(	(	PUNCT
abrj-78	229	26	eps	eps	PROPN
abrj-78	229	27	)	)	PUNCT
abrj-78	229	28	is	be	AUX
abrj-78	229	29	moderated	moderate	VERB
abrj-78	229	30	by	by	ADP
abrj-78	229	31	firm	firm	ADJ
abrj-78	229	32	value	value	NOUN
abrj-78	229	33	(	(	PUNCT
abrj-78	229	34	pbv	pbv	VERB
abrj-78	229	35	):	):	PUNCT
abrj-78	229	36	y	y	PROPN
abrj-78	229	37	=	=	PUNCT
abrj-78	229	38	160,338	160,338	NUM
abrj-78	229	39	+	+	CCONJ
abrj-78	229	40	41,772	41,772	NUM
abrj-78	229	41	x2	x2	NOUN
abrj-78	230	1	+	+	CCONJ
abrj-78	230	2	23,441	23,441	NUM
abrj-78	230	3	x3	x3	ADJ
abrj-78	230	4	+	+	CCONJ
abrj-78	230	5	-2,367	-2,367	ADJ
abrj-78	230	6	x2.x3	x2.x3	NOUN
abrj-78	231	1	the	the	DET
abrj-78	231	2	regression	regression	NOUN
abrj-78	231	3	coefficient	coefficient	NOUN
abrj-78	231	4	of	of	ADP
abrj-78	231	5	the	the	DET
abrj-78	231	6	return	return	NOUN
abrj-78	231	7	on	on	ADP
abrj-78	231	8	asset	asset	NOUN
abrj-78	231	9	(	(	PUNCT
abrj-78	231	10	roa	roa	PROPN
abrj-78	231	11	)	)	PUNCT
abrj-78	231	12	(	(	PUNCT
abrj-78	231	13	x2	x2	X
abrj-78	231	14	)	)	PUNCT
abrj-78	231	15	variable	variable	NOUN
abrj-78	231	16	of	of	ADP
abrj-78	231	17	160,338	160,338	NUM
abrj-78	231	18	explains	explain	VERB
abrj-78	231	19	the	the	DET
abrj-78	231	20	magnitude	magnitude	NOUN
abrj-78	231	21	of	of	ADP
abrj-78	231	22	the	the	DET
abrj-78	231	23	change	change	NOUN
abrj-78	231	24	in	in	ADP
abrj-78	231	25	the	the	DET
abrj-78	231	26	score	score	NOUN
abrj-78	231	27	of	of	ADP
abrj-78	231	28	earning	earn	VERB
abrj-78	231	29	per	per	ADP
abrj-78	231	30	share	share	NOUN
abrj-78	231	31	(	(	PUNCT
abrj-78	231	32	eps	eps	PROPN
abrj-78	231	33	)	)	PUNCT
abrj-78	231	34	because	because	SCONJ
abrj-78	231	35	of	of	ADP
abrj-78	231	36	the	the	DET
abrj-78	231	37	effect	effect	NOUN
abrj-78	231	38	of	of	ADP
abrj-78	231	39	return	return	NOUN
abrj-78	231	40	on	on	ADP
abrj-78	231	41	asset	asset	NOUN
abrj-78	231	42	(	(	PUNCT
abrj-78	231	43	roa	roa	PROPN
abrj-78	231	44	)	)	PUNCT
abrj-78	231	45	on	on	ADP
abrj-78	231	46	earning	earn	VERB
abrj-78	231	47	per	per	ADP
abrj-78	231	48	share	share	NOUN
abrj-78	231	49	(	(	PUNCT
abrj-78	231	50	eps	eps	PROPN
abrj-78	231	51	)	)	PUNCT
abrj-78	231	52	.	.	PUNCT
abrj-78	232	1	a	a	DET
abrj-78	232	2	positive	positive	ADJ
abrj-78	232	3	sign	sign	NOUN
abrj-78	232	4	indicates	indicate	VERB
abrj-78	232	5	the	the	DET
abrj-78	232	6	direction	direction	NOUN
abrj-78	232	7	of	of	ADP
abrj-78	232	8	the	the	DET
abrj-78	232	9	relationship	relationship	NOUN
abrj-78	232	10	is	be	AUX
abrj-78	232	11	directly	directly	ADV
abrj-78	232	12	proportional	proportional	ADJ
abrj-78	232	13	.	.	PUNCT
abrj-78	233	1	so	so	ADV
abrj-78	233	2	when	when	SCONJ
abrj-78	233	3	there	there	PRON
abrj-78	233	4	is	be	VERB
abrj-78	233	5	an	an	DET
abrj-78	233	6	increase	increase	NOUN
abrj-78	233	7	in	in	ADP
abrj-78	233	8	return	return	NOUN
abrj-78	233	9	on	on	ADP
abrj-78	233	10	asset	asset	NOUN
abrj-78	233	11	(	(	PUNCT
abrj-78	233	12	roa	roa	PROPN
abrj-78	233	13	)	)	PUNCT
abrj-78	233	14	,	,	PUNCT
abrj-78	233	15	the	the	DET
abrj-78	233	16	score	score	NOUN
abrj-78	233	17	of	of	ADP
abrj-78	233	18	earning	earn	VERB
abrj-78	233	19	per	per	ADP
abrj-78	233	20	share	share	NOUN
abrj-78	233	21	(	(	PUNCT
abrj-78	233	22	eps	eps	NOUN
abrj-78	233	23	)	)	PUNCT
abrj-78	233	24	will	will	AUX
abrj-78	233	25	increase	increase	VERB
abrj-78	233	26	by	by	ADP
abrj-78	233	27	160,338	160,338	NUM
abrj-78	233	28	assuming	assume	VERB
abrj-78	233	29	the	the	DET
abrj-78	233	30	other	other	ADJ
abrj-78	233	31	factors	factor	NOUN
abrj-78	233	32	are	be	AUX
abrj-78	233	33	constant	constant	ADJ
abrj-78	233	34	(	(	PUNCT
abrj-78	233	35	unchanged	unchanged	ADJ
abrj-78	233	36	)	)	PUNCT
abrj-78	233	37	.	.	PUNCT
abrj-78	234	1	so	so	ADV
abrj-78	234	2	the	the	PRON
abrj-78	234	3	higher	high	ADJ
abrj-78	234	4	the	the	DET
abrj-78	234	5	return	return	NOUN
abrj-78	234	6	on	on	ADP
abrj-78	234	7	asset	asset	NOUN
abrj-78	234	8	(	(	PUNCT
abrj-78	234	9	roa	roa	PROPN
abrj-78	234	10	)	)	PUNCT
abrj-78	234	11	,	,	PUNCT
abrj-78	234	12	the	the	PRON
abrj-78	234	13	better	well	ADJ
abrj-78	234	14	the	the	DET
abrj-78	234	15	earning	earning	NOUN
abrj-78	234	16	per	per	ADP
abrj-78	234	17	share	share	NOUN
abrj-78	234	18	(	(	PUNCT
abrj-78	234	19	eps	eps	PROPN
abrj-78	234	20	)	)	PUNCT
abrj-78	234	21	.	.	PUNCT
abrj-78	235	1	the	the	DET
abrj-78	235	2	regression	regression	NOUN
abrj-78	235	3	coefficient	coefficient	NOUN
abrj-78	235	4	of	of	ADP
abrj-78	235	5	firm	firm	ADJ
abrj-78	235	6	value	value	NOUN
abrj-78	235	7	(	(	PUNCT
abrj-78	235	8	pbv	pbv	ADJ
abrj-78	235	9	)	)	PUNCT
abrj-78	235	10	(	(	PUNCT
abrj-78	235	11	x3	x3	ADJ
abrj-78	235	12	)	)	PUNCT
abrj-78	235	13	is	be	AUX
abrj-78	235	14	23,441	23,441	NUM
abrj-78	235	15	indicating	indicate	VERB
abrj-78	235	16	the	the	DET
abrj-78	235	17	magnitude	magnitude	NOUN
abrj-78	235	18	of	of	ADP
abrj-78	235	19	changes	change	NOUN
abrj-78	235	20	in	in	ADP
abrj-78	235	21	earning	earn	VERB
abrj-78	235	22	per	per	ADP
abrj-78	235	23	share	share	NOUN
abrj-78	235	24	(	(	PUNCT
abrj-78	235	25	eps	eps	PROPN
abrj-78	235	26	)	)	PUNCT
abrj-78	235	27	(	(	PUNCT
abrj-78	235	28	y	y	NOUN
abrj-78	235	29	)	)	PUNCT
abrj-78	235	30	due	due	ADP
abrj-78	235	31	to	to	ADP
abrj-78	235	32	the	the	DET
abrj-78	235	33	influence	influence	NOUN
abrj-78	235	34	of	of	ADP
abrj-78	235	35	the	the	DET
abrj-78	235	36	firm	firm	ADJ
abrj-78	235	37	value	value	NOUN
abrj-78	235	38	(	(	PUNCT
abrj-78	235	39	pbv	pbv	VERB
abrj-78	235	40	)	)	PUNCT
abrj-78	235	41	variable	variable	NOUN
abrj-78	235	42	on	on	ADP
abrj-78	235	43	earning	earn	VERB
abrj-78	235	44	per	per	ADP
abrj-78	235	45	share	share	NOUN
abrj-78	235	46	(	(	PUNCT
abrj-78	235	47	eps	eps	PROPN
abrj-78	235	48	)	)	PUNCT
abrj-78	235	49	.	.	PUNCT
abrj-78	236	1	a	a	DET
abrj-78	236	2	positive	positive	ADJ
abrj-78	236	3	sign	sign	NOUN
abrj-78	236	4	indicates	indicate	VERB
abrj-78	236	5	the	the	DET
abrj-78	236	6	direction	direction	NOUN
abrj-78	236	7	of	of	ADP
abrj-78	236	8	the	the	DET
abrj-78	236	9	relationship	relationship	NOUN
abrj-78	236	10	that	that	PRON
abrj-78	236	11	is	be	AUX
abrj-78	236	12	directly	directly	ADV
abrj-78	236	13	proportional	proportional	ADJ
abrj-78	236	14	(	(	PUNCT
abrj-78	236	15	inline	inline	NOUN
abrj-78	236	16	)	)	PUNCT
abrj-78	236	17	.	.	PUNCT
abrj-78	237	1	so	so	ADV
abrj-78	237	2	every	every	DET
abrj-78	237	3	time	time	NOUN
abrj-78	237	4	there	there	PRON
abrj-78	237	5	is	be	VERB
abrj-78	237	6	an	an	DET
abrj-78	237	7	increase	increase	NOUN
abrj-78	237	8	in	in	ADP
abrj-78	237	9	one	one	NUM
abrj-78	237	10	unit	unit	NOUN
abrj-78	237	11	score	score	NOUN
abrj-78	237	12	of	of	ADP
abrj-78	237	13	the	the	DET
abrj-78	237	14	pbv	pbv	ADJ
abrj-78	237	15	variable	variable	NOUN
abrj-78	237	16	(	(	PUNCT
abrj-78	237	17	x3	x3	ADJ
abrj-78	237	18	)	)	PUNCT
abrj-78	237	19	,	,	PUNCT
abrj-78	237	20	earning	earn	VERB
abrj-78	237	21	per	per	ADP
abrj-78	237	22	share	share	NOUN
abrj-78	237	23	(	(	PUNCT
abrj-78	237	24	eps	eps	NOUN
abrj-78	237	25	)	)	PUNCT
abrj-78	237	26	will	will	AUX
abrj-78	237	27	increase	increase	VERB
abrj-78	237	28	by	by	ADP
abrj-78	237	29	23,441	23,441	NUM
abrj-78	237	30	assuming	assume	VERB
abrj-78	237	31	the	the	DET
abrj-78	237	32	other	other	ADJ
abrj-78	237	33	factors	factor	NOUN
abrj-78	237	34	are	be	AUX
abrj-78	237	35	constant	constant	ADJ
abrj-78	237	36	(	(	PUNCT
abrj-78	237	37	unchanged	unchanged	ADJ
abrj-78	237	38	)	)	PUNCT
abrj-78	237	39	.	.	PUNCT
abrj-78	238	1	so	so	ADV
abrj-78	238	2	the	the	DET
abrj-78	238	3	higher	high	ADJ
abrj-78	238	4	(	(	PUNCT
abrj-78	238	5	x3	x3	ADJ
abrj-78	238	6	)	)	PUNCT
abrj-78	238	7	,	,	PUNCT
abrj-78	238	8	the	the	DET
abrj-78	238	9	earning	earning	NOUN
abrj-78	238	10	per	per	ADP
abrj-78	238	11	share	share	NOUN
abrj-78	238	12	(	(	PUNCT
abrj-78	238	13	eps	eps	NOUN
abrj-78	238	14	)	)	PUNCT
abrj-78	238	15	will	will	AUX
abrj-78	238	16	increase	increase	VERB
abrj-78	238	17	(	(	PUNCT
abrj-78	238	18	better	well	ADJ
abrj-78	238	19	)	)	PUNCT
abrj-78	238	20	.	.	PUNCT
abrj-78	239	1	the	the	DET
abrj-78	239	2	regression	regression	NOUN
abrj-78	239	3	coefficient	coefficient	NOUN
abrj-78	239	4	of	of	ADP
abrj-78	239	5	the	the	DET
abrj-78	239	6	moderating	moderate	VERB
abrj-78	239	7	variable	variable	NOUN
abrj-78	239	8	x2x3	x2x3	PUNCT
abrj-78	240	1	(	(	PUNCT
abrj-78	240	2	interaction	interaction	NOUN
abrj-78	240	3	x2x3	x2x3	PROPN
abrj-78	240	4	)	)	PUNCT
abrj-78	240	5	which	which	PRON
abrj-78	240	6	is	be	AUX
abrj-78	240	7	the	the	DET
abrj-78	240	8	interaction	interaction	NOUN
abrj-78	240	9	between	between	ADP
abrj-78	240	10	return	return	VERB
abrj-78	240	11	asian	asian	ADJ
abrj-78	240	12	business	business	NOUN
abrj-78	240	13	research	research	NOUN
abrj-78	240	14	journal	journal	NOUN
abrj-78	240	15	,	,	PUNCT
abrj-78	240	16	2020	2020	NUM
abrj-78	240	17	,	,	PUNCT
abrj-78	240	18	5	5	NUM
abrj-78	240	19	:	:	SYM
abrj-78	240	20	39	39	NUM
abrj-78	240	21	-	-	SYM
abrj-78	240	22	47	47	NUM
abrj-78	240	23	45	45	NUM
abrj-78	240	24	©	©	PROPN
abrj-78	240	25	2020	2020	NUM
abrj-78	240	26	by	by	ADP
abrj-78	240	27	the	the	DET
abrj-78	240	28	authors	author	NOUN
abrj-78	240	29	;	;	PUNCT
abrj-78	240	30	licensee	licensee	NOUN
abrj-78	240	31	eastern	eastern	ADJ
abrj-78	240	32	centre	centre	NOUN
abrj-78	240	33	of	of	ADP
abrj-78	240	34	science	science	NOUN
abrj-78	240	35	and	and	CCONJ
abrj-78	240	36	education	education	NOUN
abrj-78	240	37	,	,	PUNCT
abrj-78	240	38	usa	usa	NOUN
abrj-78	240	39	on	on	ADP
abrj-78	240	40	assets	asset	NOUN
abrj-78	240	41	(	(	PUNCT
abrj-78	240	42	roa	roa	NOUN
abrj-78	240	43	)	)	PUNCT
abrj-78	240	44	and	and	CCONJ
abrj-78	240	45	pbv	pbv	ADJ
abrj-78	240	46	is	be	AUX
abrj-78	240	47	obtained	obtain	VERB
abrj-78	240	48	as	as	ADP
abrj-78	240	49	a	a	DET
abrj-78	240	50	negative	negative	ADJ
abrj-78	240	51	sign	sign	NOUN
abrj-78	240	52	.	.	PUNCT
abrj-78	241	1	so	so	ADV
abrj-78	241	2	it	it	PRON
abrj-78	241	3	can	can	AUX
abrj-78	241	4	be	be	AUX
abrj-78	241	5	explained	explain	VERB
abrj-78	241	6	that	that	SCONJ
abrj-78	241	7	pbv	pbv	NOUN
abrj-78	241	8	does	do	AUX
abrj-78	241	9	not	not	PART
abrj-78	241	10	strengthen	strengthen	VERB
abrj-78	241	11	the	the	DET
abrj-78	241	12	effect	effect	NOUN
abrj-78	241	13	of	of	ADP
abrj-78	241	14	return	return	NOUN
abrj-78	241	15	on	on	ADP
abrj-78	241	16	assets	asset	NOUN
abrj-78	241	17	(	(	PUNCT
abrj-78	241	18	roa	roa	NOUN
abrj-78	241	19	)	)	PUNCT
abrj-78	241	20	on	on	ADP
abrj-78	241	21	earning	earn	VERB
abrj-78	241	22	per	per	ADP
abrj-78	241	23	share	share	NOUN
abrj-78	241	24	(	(	PUNCT
abrj-78	241	25	eps	eps	PROPN
abrj-78	241	26	)	)	PUNCT
abrj-78	241	27	.	.	PUNCT
abrj-78	242	1	4.2	4.2	NUM
abrj-78	242	2	.	.	PUNCT
abrj-78	242	3	hypothesis	hypothesis	NOUN
abrj-78	242	4	test	test	NOUN
abrj-78	242	5	4.2.1	4.2.1	NUM
abrj-78	242	6	.	.	PUNCT
abrj-78	243	1	hypothesis	hypothesis	NOUN
abrj-78	243	2	testing	test	VERB
abrj-78	243	3	the	the	DET
abrj-78	243	4	effect	effect	NOUN
abrj-78	243	5	of	of	ADP
abrj-78	243	6	der	der	NOUN
abrj-78	243	7	(	(	PUNCT
abrj-78	243	8	x1	x1	PROPN
abrj-78	243	9	)	)	PUNCT
abrj-78	243	10	,	,	PUNCT
abrj-78	243	11	pbv	pbv	VERB
abrj-78	243	12	(	(	PUNCT
abrj-78	243	13	x3	x3	ADJ
abrj-78	243	14	)	)	PUNCT
abrj-78	243	15	on	on	ADP
abrj-78	243	16	eps	eps	PROPN
abrj-78	243	17	(	(	PUNCT
abrj-78	243	18	y	y	PROPN
abrj-78	243	19	)	)	PUNCT
abrj-78	243	20	the	the	DET
abrj-78	243	21	hypothesis	hypothesis	NOUN
abrj-78	243	22	test	test	NOUN
abrj-78	243	23	used	use	VERB
abrj-78	243	24	to	to	PART
abrj-78	243	25	test	test	VERB
abrj-78	243	26	the	the	DET
abrj-78	243	27	presence	presence	NOUN
abrj-78	243	28	or	or	CCONJ
abrj-78	243	29	absence	absence	NOUN
abrj-78	243	30	of	of	ADP
abrj-78	243	31	influence	influence	NOUN
abrj-78	243	32	is	be	AUX
abrj-78	243	33	the	the	DET
abrj-78	243	34	t	t	NOUN
abrj-78	243	35	-	-	PUNCT
abrj-78	243	36	test	test	NOUN
abrj-78	243	37	.	.	PUNCT
abrj-78	244	1	determination	determination	NOUN
abrj-78	244	2	of	of	ADP
abrj-78	244	3	test	test	NOUN
abrj-78	244	4	results	result	NOUN
abrj-78	244	5	(	(	PUNCT
abrj-78	244	6	acceptance	acceptance	NOUN
abrj-78	244	7	/	/	SYM
abrj-78	244	8	rejection	rejection	NOUN
abrj-78	244	9	of	of	ADP
abrj-78	244	10	h0	h0	NOUN
abrj-78	244	11	)	)	PUNCT
abrj-78	244	12	can	can	AUX
abrj-78	244	13	be	be	AUX
abrj-78	244	14	done	do	VERB
abrj-78	244	15	by	by	ADP
abrj-78	244	16	comparing	compare	VERB
abrj-78	244	17	t	t	NOUN
abrj-78	244	18	count	count	NOUN
abrj-78	244	19	with	with	ADP
abrj-78	244	20	t	t	NOUN
abrj-78	244	21	table	table	NOUN
abrj-78	244	22	or	or	CCONJ
abrj-78	244	23	can	can	AUX
abrj-78	244	24	also	also	ADV
abrj-78	244	25	be	be	AUX
abrj-78	244	26	seen	see	VERB
abrj-78	244	27	from	from	ADP
abrj-78	244	28	its	its	PRON
abrj-78	244	29	significant	significant	ADJ
abrj-78	244	30	value	value	NOUN
abrj-78	244	31	.	.	PUNCT
abrj-78	245	1	from	from	ADP
abrj-78	245	2	the	the	DET
abrj-78	245	3	t	t	NOUN
abrj-78	245	4	table	table	NOUN
abrj-78	245	5	,	,	PUNCT
abrj-78	245	6	the	the	DET
abrj-78	245	7	t	t	NOUN
abrj-78	245	8	table	table	NOUN
abrj-78	245	9	value	value	NOUN
abrj-78	245	10	for	for	ADP
abrj-78	245	11	α	α	NOUN
abrj-78	245	12	=	=	NOUN
abrj-78	245	13	0.05	0.05	NUM
abrj-78	245	14	and	and	CCONJ
abrj-78	245	15	degrees	degree	NOUN
abrj-78	245	16	of	of	ADP
abrj-78	245	17	freedom	freedom	NOUN
abrj-78	245	18	(	(	PUNCT
abrj-78	245	19	db	db	NOUN
abrj-78	245	20	)	)	PUNCT
abrj-78	245	21	=	=	NOUN
abrj-78	245	22	35	35	NUM
abrj-78	245	23	-	-	SYM
abrj-78	245	24	2	2	NUM
abrj-78	245	25	-	-	SYM
abrj-78	245	26	1	1	NUM
abrj-78	245	27	=	=	SYM
abrj-78	245	28	32	32	NUM
abrj-78	245	29	on	on	ADP
abrj-78	245	30	the	the	DET
abrj-78	245	31	two	two	NUM
abrj-78	245	32	-	-	PUNCT
abrj-78	245	33	party	party	NOUN
abrj-78	245	34	test	test	NOUN
abrj-78	245	35	is	be	AUX
abrj-78	245	36	2.036	2.036	NUM
abrj-78	245	37	.	.	PUNCT
abrj-78	246	1	the	the	DET
abrj-78	246	2	t	t	PROPN
abrj-78	246	3	-	-	PUNCT
abrj-78	246	4	test	test	NOUN
abrj-78	246	5	results	result	NOUN
abrj-78	246	6	can	can	AUX
abrj-78	246	7	be	be	AUX
abrj-78	246	8	seen	see	VERB
abrj-78	246	9	in	in	ADP
abrj-78	246	10	the	the	DET
abrj-78	246	11	following	follow	VERB
abrj-78	246	12	table	table	NOUN
abrj-78	246	13	:	:	PUNCT
abrj-78	246	14	table-5	table-5	PROPN
abrj-78	246	15	.	.	PUNCT
abrj-78	247	1	the	the	DET
abrj-78	247	2	results	result	NOUN
abrj-78	247	3	of	of	ADP
abrj-78	247	4	the	the	DET
abrj-78	247	5	t	t	NOUN
abrj-78	247	6	-	-	PUNCT
abrj-78	247	7	test	test	NOUN
abrj-78	247	8	x1	x1	PROPN
abrj-78	247	9	,	,	PUNCT
abrj-78	247	10	x3	x3	VERB
abrj-78	247	11	on	on	ADP
abrj-78	247	12	y.	y.	PROPN
abrj-78	247	13	model	model	PROPN
abrj-78	247	14	unstandardized	unstandardized	ADJ
abrj-78	247	15	coefficients	coefficient	NOUN
abrj-78	247	16	standardized	standardize	VERB
abrj-78	247	17	coefficients	coefficient	NOUN
abrj-78	247	18	t	t	PROPN
abrj-78	247	19	sig	sig	PROPN
abrj-78	247	20	.	.	PUNCT
abrj-78	248	1	b	b	X
abrj-78	248	2	std	std	PROPN
abrj-78	248	3	.	.	NOUN
abrj-78	248	4	error	error	NOUN
abrj-78	248	5	beta	beta	NOUN
abrj-78	248	6	1	1	NUM
abrj-78	248	7	(	(	PUNCT
abrj-78	248	8	constant	constant	ADJ
abrj-78	248	9	)	)	PUNCT
abrj-78	248	10	169.070	169.070	NUM
abrj-78	248	11	212.329	212.329	NUM
abrj-78	248	12	2.796	2.796	NUM
abrj-78	248	13	.000	.000	NUM
abrj-78	248	14	der	der	NOUN
abrj-78	248	15	2.876	2.876	NUM
abrj-78	248	16	61.535	61.535	NUM
abrj-78	248	17	.013	.013	NUM
abrj-78	248	18	3.047	3.047	NUM
abrj-78	248	19	.033	.033	NUM
abrj-78	248	20	pbv	pbv	VERB
abrj-78	248	21	16.460	16.460	NUM
abrj-78	248	22	43.738	43.738	NUM
abrj-78	248	23	.113	.113	NUM
abrj-78	248	24	16.376	16.376	NUM
abrj-78	248	25	.005	.005	NUM
abrj-78	248	26	der	der	NOUN
abrj-78	248	27	,	,	PUNCT
abrj-78	248	28	pbv	pbv	VERB
abrj-78	248	29	11.079	11.079	NUM
abrj-78	248	30	15.490	15.490	NUM
abrj-78	248	31	.255	.255	NUM
abrj-78	248	32	9.715	9.715	NUM
abrj-78	248	33	.044	.044	NUM
abrj-78	248	34	note	note	NOUN
abrj-78	248	35	:	:	PUNCT
abrj-78	248	36	a.	a.	NOUN
abrj-78	248	37	dependent	dependent	ADJ
abrj-78	248	38	variable	variable	NOUN
abrj-78	248	39	:	:	PUNCT
abrj-78	248	40	earning	earn	VERB
abrj-78	248	41	per	per	ADP
abrj-78	248	42	share	share	NOUN
abrj-78	248	43	(	(	PUNCT
abrj-78	248	44	eps	eps	PROPN
abrj-78	248	45	)	)	PUNCT
abrj-78	248	46	(	(	PUNCT
abrj-78	248	47	y	y	NOUN
abrj-78	248	48	)	)	PUNCT
abrj-78	248	49	.	.	PUNCT
abrj-78	249	1	hypothesis	hypothesis	NOUN
abrj-78	249	2	testing	testing	NOUN
abrj-78	249	3	is	be	AUX
abrj-78	249	4	used	use	VERB
abrj-78	249	5	to	to	PART
abrj-78	249	6	determine	determine	VERB
abrj-78	249	7	whether	whether	SCONJ
abrj-78	249	8	or	or	CCONJ
abrj-78	249	9	not	not	PART
abrj-78	249	10	there	there	PRON
abrj-78	249	11	is	be	VERB
abrj-78	249	12	a	a	DET
abrj-78	249	13	significant	significant	ADJ
abrj-78	249	14	effect	effect	NOUN
abrj-78	249	15	of	of	ADP
abrj-78	249	16	the	the	DET
abrj-78	249	17	debt	debt	NOUN
abrj-78	249	18	to	to	ADP
abrj-78	249	19	equity	equity	NOUN
abrj-78	249	20	ratio	ratio	NOUN
abrj-78	249	21	(	(	PUNCT
abrj-78	249	22	der	der	NOUN
abrj-78	249	23	)	)	PUNCT
abrj-78	249	24	on	on	ADP
abrj-78	249	25	earning	earn	VERB
abrj-78	249	26	per	per	ADP
abrj-78	249	27	share	share	NOUN
abrj-78	249	28	(	(	PUNCT
abrj-78	249	29	eps	eps	PROPN
abrj-78	249	30	)	)	PUNCT
abrj-78	249	31	.	.	PUNCT
abrj-78	250	1	the	the	DET
abrj-78	250	2	hypotheses	hypothesis	NOUN
abrj-78	250	3	to	to	PART
abrj-78	250	4	be	be	AUX
abrj-78	250	5	tested	test	VERB
abrj-78	250	6	are	be	AUX
abrj-78	250	7	:	:	PUNCT
abrj-78	250	8	h0	h0	NOUN
abrj-78	250	9	:	:	PUNCT
abrj-78	250	10	b1	b1	NOUN
abrj-78	250	11	=	=	SYM
abrj-78	250	12	0	0	NUM
abrj-78	250	13	debt	debt	NOUN
abrj-78	250	14	to	to	ADP
abrj-78	250	15	equity	equity	NOUN
abrj-78	250	16	ratio	ratio	NOUN
abrj-78	250	17	(	(	PUNCT
abrj-78	250	18	der	der	NOUN
abrj-78	250	19	)	)	PUNCT
abrj-78	250	20	has	have	VERB
abrj-78	250	21	no	no	DET
abrj-78	250	22	effect	effect	NOUN
abrj-78	250	23	on	on	ADP
abrj-78	250	24	eps	eps	PROPN
abrj-78	250	25	.	.	PROPN
abrj-78	250	26	h1	h1	PROPN
abrj-78	250	27	:	:	PUNCT
abrj-78	250	28	b1	b1	VERB
abrj-78	250	29	≠	≠	PROPN
abrj-78	250	30	0	0	NUM
abrj-78	250	31	debt	debt	NOUN
abrj-78	250	32	to	to	ADP
abrj-78	250	33	equity	equity	NOUN
abrj-78	250	34	ratio	ratio	NOUN
abrj-78	250	35	(	(	PUNCT
abrj-78	250	36	der	der	NOUN
abrj-78	250	37	)	)	PUNCT
abrj-78	250	38	affects	affect	VERB
abrj-78	250	39	eps	eps	PROPN
abrj-78	250	40	.	.	PUNCT
abrj-78	251	1	the	the	DET
abrj-78	251	2	results	result	NOUN
abrj-78	251	3	of	of	ADP
abrj-78	251	4	the	the	DET
abrj-78	251	5	debt	debt	NOUN
abrj-78	251	6	to	to	ADP
abrj-78	251	7	equity	equity	NOUN
abrj-78	251	8	ratio	ratio	NOUN
abrj-78	251	9	(	(	PUNCT
abrj-78	251	10	der	der	ADJ
abrj-78	251	11	)	)	PUNCT
abrj-78	251	12	regression	regression	NOUN
abrj-78	251	13	coefficient	coefficient	NOUN
abrj-78	251	14	are	be	AUX
abrj-78	251	15	3.047	3.047	NUM
abrj-78	251	16	.	.	PUNCT
abrj-78	252	1	the	the	DET
abrj-78	252	2	results	result	NOUN
abrj-78	252	3	of	of	ADP
abrj-78	252	4	the	the	DET
abrj-78	252	5	comparison	comparison	NOUN
abrj-78	252	6	of	of	ADP
abrj-78	252	7	t	t	PROPN
abrj-78	252	8	count	count	NOUN
abrj-78	252	9	with	with	ADP
abrj-78	252	10	t	t	NOUN
abrj-78	252	11	table	table	NOUN
abrj-78	252	12	obtained	obtain	VERB
abrj-78	252	13	3.047	3.047	NUM
abrj-78	252	14	greater	great	ADJ
abrj-78	252	15	than	than	ADP
abrj-78	252	16	t	t	NOUN
abrj-78	252	17	table	table	NOUN
abrj-78	252	18	2.036	2.036	NUM
abrj-78	252	19	.	.	PUNCT
abrj-78	253	1	because	because	SCONJ
abrj-78	253	2	the	the	DET
abrj-78	253	3	value	value	NOUN
abrj-78	253	4	of	of	ADP
abrj-78	253	5	t	t	PROPN
abrj-78	253	6	-	-	PUNCT
abrj-78	253	7	count	count	NOUN
abrj-78	253	8	>	>	X
abrj-78	253	9	t	t	PROPN
abrj-78	253	10	-	-	PUNCT
abrj-78	253	11	table	table	NOUN
abrj-78	253	12	(	(	PUNCT
abrj-78	253	13	3.047	3.047	NUM
abrj-78	253	14	>	>	SYM
abrj-78	253	15	2.036	2.036	NUM
abrj-78	253	16	)	)	PUNCT
abrj-78	253	17	then	then	ADV
abrj-78	253	18	ho	ho	PROPN
abrj-78	253	19	is	be	AUX
abrj-78	253	20	rejected	reject	VERB
abrj-78	253	21	and	and	CCONJ
abrj-78	253	22	the	the	DET
abrj-78	253	23	alternative	alternative	ADJ
abrj-78	253	24	hypothesis	hypothesis	NOUN
abrj-78	253	25	is	be	AUX
abrj-78	253	26	accepted	accept	VERB
abrj-78	253	27	,	,	PUNCT
abrj-78	253	28	meaning	mean	VERB
abrj-78	253	29	that	that	SCONJ
abrj-78	253	30	partially	partially	ADV
abrj-78	253	31	the	the	DET
abrj-78	253	32	debt	debt	NOUN
abrj-78	253	33	to	to	ADP
abrj-78	253	34	equity	equity	NOUN
abrj-78	253	35	ratio	ratio	NOUN
abrj-78	253	36	(	(	PUNCT
abrj-78	253	37	der	der	NOUN
abrj-78	253	38	)	)	PUNCT
abrj-78	253	39	affects	affect	VERB
abrj-78	253	40	earning	earn	VERB
abrj-78	253	41	per	per	ADP
abrj-78	253	42	share	share	NOUN
abrj-78	253	43	(	(	PUNCT
abrj-78	253	44	eps	eps	PROPN
abrj-78	253	45	)	)	PUNCT
abrj-78	253	46	,	,	PUNCT
abrj-78	253	47	t	t	PROPN
abrj-78	253	48	count	count	NOUN
abrj-78	253	49	is	be	AUX
abrj-78	253	50	positive	positive	ADJ
abrj-78	253	51	meaning	meaning	NOUN
abrj-78	253	52	that	that	SCONJ
abrj-78	253	53	der	der	NOUN
abrj-78	253	54	has	have	AUX
abrj-78	253	55	a	a	DET
abrj-78	253	56	positive	positive	ADJ
abrj-78	253	57	effect	effect	NOUN
abrj-78	253	58	on	on	ADP
abrj-78	253	59	earning	earn	VERB
abrj-78	253	60	per	per	ADP
abrj-78	253	61	share	share	NOUN
abrj-78	253	62	(	(	PUNCT
abrj-78	253	63	eps	eps	PROPN
abrj-78	253	64	)	)	PUNCT
abrj-78	253	65	.	.	PUNCT
abrj-78	254	1	4.2.2	4.2.2	X
abrj-78	254	2	.	.	PUNCT
abrj-78	255	1	testing	test	VERB
abrj-78	255	2	the	the	DET
abrj-78	255	3	hypothesis	hypothesis	NOUN
abrj-78	255	4	of	of	ADP
abrj-78	255	5	return	return	NOUN
abrj-78	255	6	on	on	ADP
abrj-78	255	7	asset	asset	NOUN
abrj-78	255	8	(	(	PUNCT
abrj-78	255	9	roa	roa	PROPN
abrj-78	255	10	)	)	PUNCT
abrj-78	255	11	on	on	ADP
abrj-78	255	12	earning	earn	VERB
abrj-78	255	13	per	per	ADP
abrj-78	255	14	share	share	NOUN
abrj-78	255	15	(	(	PUNCT
abrj-78	255	16	eps	eps	PROPN
abrj-78	255	17	)	)	PUNCT
abrj-78	255	18	the	the	DET
abrj-78	255	19	hypothesis	hypothesis	NOUN
abrj-78	255	20	test	test	NOUN
abrj-78	255	21	used	use	VERB
abrj-78	255	22	to	to	PART
abrj-78	255	23	test	test	VERB
abrj-78	255	24	the	the	DET
abrj-78	255	25	presence	presence	NOUN
abrj-78	255	26	or	or	CCONJ
abrj-78	255	27	absence	absence	NOUN
abrj-78	255	28	of	of	ADP
abrj-78	255	29	influence	influence	NOUN
abrj-78	255	30	is	be	AUX
abrj-78	255	31	the	the	DET
abrj-78	255	32	t	t	NOUN
abrj-78	255	33	-	-	PUNCT
abrj-78	255	34	test	test	NOUN
abrj-78	255	35	.	.	PUNCT
abrj-78	256	1	determination	determination	NOUN
abrj-78	256	2	of	of	ADP
abrj-78	256	3	the	the	DET
abrj-78	256	4	test	test	NOUN
abrj-78	256	5	results	result	NOUN
abrj-78	256	6	(	(	PUNCT
abrj-78	256	7	acceptance	acceptance	NOUN
abrj-78	256	8	/	/	SYM
abrj-78	256	9	rejection	rejection	NOUN
abrj-78	256	10	of	of	ADP
abrj-78	256	11	h0	h0	NOUN
abrj-78	256	12	)	)	PUNCT
abrj-78	256	13	can	can	AUX
abrj-78	256	14	be	be	AUX
abrj-78	256	15	done	do	VERB
abrj-78	256	16	by	by	ADP
abrj-78	256	17	comparing	compare	VERB
abrj-78	256	18	the	the	DET
abrj-78	256	19	t	t	NOUN
abrj-78	256	20	-	-	PUNCT
abrj-78	256	21	count	count	NOUN
abrj-78	256	22	with	with	ADP
abrj-78	256	23	the	the	DET
abrj-78	256	24	t	t	NOUN
abrj-78	256	25	-	-	PUNCT
abrj-78	256	26	table	table	NOUN
abrj-78	256	27	or	or	CCONJ
abrj-78	256	28	it	it	PRON
abrj-78	256	29	can	can	AUX
abrj-78	256	30	also	also	ADV
abrj-78	256	31	be	be	AUX
abrj-78	256	32	seen	see	VERB
abrj-78	256	33	from	from	ADP
abrj-78	256	34	the	the	DET
abrj-78	256	35	significant	significant	ADJ
abrj-78	256	36	value	value	NOUN
abrj-78	256	37	.	.	PUNCT
abrj-78	257	1	from	from	ADP
abrj-78	257	2	the	the	DET
abrj-78	257	3	t	t	NOUN
abrj-78	257	4	-	-	PUNCT
abrj-78	257	5	table	table	NOUN
abrj-78	257	6	,	,	PUNCT
abrj-78	257	7	the	the	DET
abrj-78	257	8	t	t	NOUN
abrj-78	257	9	-	-	PUNCT
abrj-78	257	10	table	table	NOUN
abrj-78	257	11	value	value	NOUN
abrj-78	257	12	for	for	ADP
abrj-78	257	13	alpha	alpha	NOUN
abrj-78	257	14	=	=	NOUN
abrj-78	257	15	0.05	0.05	NUM
abrj-78	257	16	and	and	CCONJ
abrj-78	257	17	degrees	degree	NOUN
abrj-78	257	18	of	of	ADP
abrj-78	257	19	freedom	freedom	NOUN
abrj-78	257	20	(	(	PUNCT
abrj-78	257	21	db	db	NOUN
abrj-78	257	22	)	)	PUNCT
abrj-78	257	23	=	=	NOUN
abrj-78	257	24	35	35	NUM
abrj-78	257	25	-	-	SYM
abrj-78	257	26	21	21	NUM
abrj-78	257	27	=	=	NOUN
abrj-78	257	28	32	32	NUM
abrj-78	257	29	on	on	ADP
abrj-78	257	30	the	the	DET
abrj-78	257	31	two	two	NUM
abrj-78	257	32	-	-	PUNCT
abrj-78	257	33	party	party	NOUN
abrj-78	257	34	test	test	NOUN
abrj-78	257	35	is	be	AUX
abrj-78	257	36	2.036	2.036	NUM
abrj-78	257	37	.	.	PUNCT
abrj-78	258	1	the	the	DET
abrj-78	258	2	results	result	NOUN
abrj-78	258	3	of	of	ADP
abrj-78	258	4	the	the	DET
abrj-78	258	5	t	t	NOUN
abrj-78	258	6	-	-	PUNCT
abrj-78	258	7	test	test	NOUN
abrj-78	258	8	can	can	AUX
abrj-78	258	9	be	be	AUX
abrj-78	258	10	seen	see	VERB
abrj-78	258	11	in	in	ADP
abrj-78	258	12	table	table	NOUN
abrj-78	258	13	5	5	NUM
abrj-78	258	14	.	.	PUNCT
abrj-78	259	1	table-6	table-6	PROPN
abrj-78	259	2	.	.	NOUN
abrj-78	259	3	results	result	NOUN
abrj-78	259	4	of	of	ADP
abrj-78	259	5	t	t	NOUN
abrj-78	259	6	-	-	PUNCT
abrj-78	259	7	test	test	NOUN
abrj-78	259	8	x2	x2	NOUN
abrj-78	259	9	x3	x3	ADJ
abrj-78	259	10	on	on	ADP
abrj-78	259	11	y.	y.	PROPN
abrj-78	259	12	model	model	PROPN
abrj-78	259	13	unstandardized	unstandardized	ADJ
abrj-78	259	14	coefficients	coefficient	NOUN
abrj-78	259	15	standardized	standardize	VERB
abrj-78	259	16	coefficients	coefficient	NOUN
abrj-78	259	17	t	t	PROPN
abrj-78	259	18	sig	sig	PROPN
abrj-78	259	19	.	.	PUNCT
abrj-78	260	1	b	b	X
abrj-78	260	2	std	std	PROPN
abrj-78	260	3	.	.	NOUN
abrj-78	260	4	error	error	NOUN
abrj-78	260	5	beta	beta	NOUN
abrj-78	260	6	1	1	NUM
abrj-78	260	7	(	(	PUNCT
abrj-78	260	8	constant	constant	ADJ
abrj-78	260	9	)	)	PUNCT
abrj-78	260	10	160.338	160.338	NUM
abrj-78	260	11	139.370	139.370	NUM
abrj-78	260	12	1.150	1.150	NUM
abrj-78	260	13	.000	.000	NUM
abrj-78	260	14	roa	roa	PROPN
abrj-78	260	15	41.772	41.772	NUM
abrj-78	260	16	21.743	21.743	NUM
abrj-78	260	17	.754	.754	NUM
abrj-78	260	18	3.921	3.921	NUM
abrj-78	260	19	.064	.064	NUM
abrj-78	260	20	pbv	pbv	VERB
abrj-78	260	21	23.441	23.441	NUM
abrj-78	260	22	26.552	26.552	NUM
abrj-78	260	23	.160	.160	NUM
abrj-78	260	24	2.883	2.883	NUM
abrj-78	260	25	.003	.003	NUM
abrj-78	260	26	roa	roa	NOUN
abrj-78	260	27	,	,	PUNCT
abrj-78	260	28	pbv	pbv	VERB
abrj-78	260	29	2.367	2.367	NUM
abrj-78	260	30	2.372	2.372	NUM
abrj-78	260	31	.408	.408	NUM
abrj-78	260	32	2.998	2.998	NUM
abrj-78	260	33	.001	.001	NUM
abrj-78	260	34	note	note	NOUN
abrj-78	260	35	:	:	PUNCT
abrj-78	260	36	a.	a.	NOUN
abrj-78	260	37	dependent	dependent	ADJ
abrj-78	260	38	variable	variable	NOUN
abrj-78	260	39	:	:	PUNCT
abrj-78	260	40	earning	earn	VERB
abrj-78	260	41	per	per	ADP
abrj-78	260	42	share	share	NOUN
abrj-78	260	43	(	(	PUNCT
abrj-78	260	44	eps	eps	PROPN
abrj-78	260	45	)	)	PUNCT
abrj-78	260	46	(	(	PUNCT
abrj-78	260	47	y	y	NOUN
abrj-78	260	48	)	)	PUNCT
abrj-78	260	49	.	.	PUNCT
abrj-78	261	1	hypothesis	hypothesis	NOUN
abrj-78	261	2	testing	testing	NOUN
abrj-78	261	3	is	be	AUX
abrj-78	261	4	used	use	VERB
abrj-78	261	5	to	to	PART
abrj-78	261	6	determine	determine	VERB
abrj-78	261	7	whether	whether	SCONJ
abrj-78	261	8	or	or	CCONJ
abrj-78	261	9	not	not	PART
abrj-78	261	10	there	there	PRON
abrj-78	261	11	is	be	VERB
abrj-78	261	12	a	a	DET
abrj-78	261	13	significant	significant	ADJ
abrj-78	261	14	effect	effect	NOUN
abrj-78	261	15	of	of	ADP
abrj-78	261	16	return	return	NOUN
abrj-78	261	17	on	on	ADP
abrj-78	261	18	assets	asset	NOUN
abrj-78	261	19	(	(	PUNCT
abrj-78	261	20	roa	roa	NOUN
abrj-78	261	21	)	)	PUNCT
abrj-78	261	22	on	on	ADP
abrj-78	261	23	earning	earn	VERB
abrj-78	261	24	per	per	ADP
abrj-78	261	25	share	share	NOUN
abrj-78	261	26	(	(	PUNCT
abrj-78	261	27	eps	eps	PROPN
abrj-78	261	28	)	)	PUNCT
abrj-78	261	29	.	.	PUNCT
abrj-78	262	1	the	the	DET
abrj-78	262	2	hypotheses	hypothesis	NOUN
abrj-78	262	3	to	to	PART
abrj-78	262	4	be	be	AUX
abrj-78	262	5	tested	test	VERB
abrj-78	262	6	are	be	AUX
abrj-78	262	7	:	:	PUNCT
abrj-78	262	8	h0	h0	NOUN
abrj-78	262	9	:	:	PUNCT
abrj-78	262	10	b1	b1	NOUN
abrj-78	262	11	=	=	SYM
abrj-78	262	12	0	0	NUM
abrj-78	262	13	return	return	NOUN
abrj-78	262	14	on	on	ADP
abrj-78	262	15	asset	asset	NOUN
abrj-78	262	16	(	(	PUNCT
abrj-78	262	17	roa	roa	PROPN
abrj-78	262	18	)	)	PUNCT
abrj-78	262	19	has	have	VERB
abrj-78	262	20	no	no	DET
abrj-78	262	21	effect	effect	NOUN
abrj-78	262	22	on	on	ADP
abrj-78	262	23	eps	eps	PROPN
abrj-78	262	24	h1	h1	PROPN
abrj-78	262	25	:	:	PUNCT
abrj-78	262	26	b1	b1	VERB
abrj-78	262	27	≠	≠	PROPN
abrj-78	262	28	0	0	NUM
abrj-78	262	29	return	return	NOUN
abrj-78	262	30	on	on	ADP
abrj-78	262	31	asset	asset	NOUN
abrj-78	262	32	(	(	PUNCT
abrj-78	262	33	roa	roa	NOUN
abrj-78	262	34	)	)	PUNCT
abrj-78	262	35	affects	affect	VERB
abrj-78	262	36	eps	eps	ADP
abrj-78	262	37	the	the	DET
abrj-78	262	38	result	result	NOUN
abrj-78	262	39	of	of	ADP
abrj-78	262	40	the	the	DET
abrj-78	262	41	regression	regression	NOUN
abrj-78	262	42	coefficient	coefficient	NOUN
abrj-78	262	43	of	of	ADP
abrj-78	262	44	return	return	NOUN
abrj-78	262	45	on	on	ADP
abrj-78	262	46	assets	asset	NOUN
abrj-78	262	47	(	(	PUNCT
abrj-78	262	48	roa	roa	NOUN
abrj-78	262	49	)	)	PUNCT
abrj-78	262	50	is	be	AUX
abrj-78	262	51	3,921	3,921	NUM
abrj-78	262	52	.	.	PUNCT
abrj-78	263	1	the	the	DET
abrj-78	263	2	results	result	NOUN
abrj-78	263	3	of	of	ADP
abrj-78	263	4	the	the	DET
abrj-78	263	5	comparison	comparison	NOUN
abrj-78	263	6	between	between	ADP
abrj-78	263	7	t	t	PROPN
abrj-78	263	8	count	count	NOUN
abrj-78	263	9	and	and	CCONJ
abrj-78	263	10	t	t	NOUN
abrj-78	263	11	table	table	NOUN
abrj-78	263	12	obtained	obtain	VERB
abrj-78	263	13	3,921	3,921	NUM
abrj-78	263	14	greater	great	ADJ
abrj-78	263	15	than	than	ADP
abrj-78	263	16	t	t	NOUN
abrj-78	263	17	table	table	NOUN
abrj-78	263	18	2,036	2,036	NUM
abrj-78	263	19	.	.	PUNCT
abrj-78	264	1	because	because	SCONJ
abrj-78	264	2	the	the	DET
abrj-78	264	3	value	value	NOUN
abrj-78	264	4	of	of	ADP
abrj-78	264	5	t	t	PROPN
abrj-78	264	6	count	count	PROPN
abrj-78	264	7	>	>	X
abrj-78	264	8	t	t	PROPN
abrj-78	264	9	table	table	NOUN
abrj-78	264	10	(	(	PUNCT
abrj-78	264	11	3,921	3,921	NUM
abrj-78	264	12	>	>	SYM
abrj-78	264	13	2,036	2,036	NUM
abrj-78	264	14	)	)	PUNCT
abrj-78	264	15	then	then	ADV
abrj-78	264	16	ho	ho	PROPN
abrj-78	264	17	is	be	AUX
abrj-78	264	18	rejected	reject	VERB
abrj-78	264	19	and	and	CCONJ
abrj-78	264	20	the	the	DET
abrj-78	264	21	alternative	alternative	ADJ
abrj-78	264	22	hypothesis	hypothesis	NOUN
abrj-78	264	23	is	be	AUX
abrj-78	264	24	accepted	accept	VERB
abrj-78	264	25	,	,	PUNCT
abrj-78	264	26	meaning	mean	VERB
abrj-78	264	27	that	that	SCONJ
abrj-78	264	28	partially	partially	ADV
abrj-78	264	29	return	return	VERB
abrj-78	264	30	on	on	ADP
abrj-78	264	31	asset	asset	NOUN
abrj-78	264	32	(	(	PUNCT
abrj-78	264	33	roa	roa	NOUN
abrj-78	264	34	)	)	PUNCT
abrj-78	264	35	affects	affect	VERB
abrj-78	264	36	earning	earn	VERB
abrj-78	264	37	per	per	ADP
abrj-78	264	38	share	share	NOUN
abrj-78	264	39	(	(	PUNCT
abrj-78	264	40	eps	eps	PROPN
abrj-78	264	41	)	)	PUNCT
abrj-78	264	42	,	,	PUNCT
abrj-78	264	43	t	t	PROPN
abrj-78	264	44	count	count	NOUN
abrj-78	264	45	is	be	AUX
abrj-78	264	46	positive	positive	ADJ
abrj-78	264	47	meaning	meaning	NOUN
abrj-78	264	48	return	return	NOUN
abrj-78	264	49	on	on	ADP
abrj-78	264	50	asset	asset	NOUN
abrj-78	264	51	(	(	PUNCT
abrj-78	264	52	roa	roa	PROPN
abrj-78	264	53	)	)	PUNCT
abrj-78	264	54	has	have	VERB
abrj-78	264	55	a	a	DET
abrj-78	264	56	positive	positive	ADJ
abrj-78	264	57	effect	effect	NOUN
abrj-78	264	58	on	on	ADP
abrj-78	264	59	earning	earn	VERB
abrj-78	264	60	per	per	ADP
abrj-78	264	61	share	share	NOUN
abrj-78	264	62	(	(	PUNCT
abrj-78	264	63	eps	eps	PROPN
abrj-78	264	64	)	)	PUNCT
abrj-78	264	65	.	.	PUNCT
abrj-78	265	1	4.2.3	4.2.3	X
abrj-78	265	2	.	.	PUNCT
abrj-78	266	1	hypothesis	hypothesis	NOUN
abrj-78	266	2	testing	testing	NOUN
abrj-78	266	3	firm	firm	ADJ
abrj-78	266	4	value	value	NOUN
abrj-78	266	5	(	(	PUNCT
abrj-78	266	6	pbv	pbv	ADJ
abrj-78	266	7	)	)	PUNCT
abrj-78	266	8	moderates	moderate	VERB
abrj-78	266	9	the	the	DET
abrj-78	266	10	effect	effect	NOUN
abrj-78	266	11	of	of	ADP
abrj-78	266	12	debt	debt	NOUN
abrj-78	266	13	to	to	ADP
abrj-78	266	14	equity	equity	NOUN
abrj-78	266	15	ratio	ratio	NOUN
abrj-78	266	16	(	(	PUNCT
abrj-78	266	17	der	der	NOUN
abrj-78	266	18	)	)	PUNCT
abrj-78	266	19	on	on	ADP
abrj-78	266	20	earning	earn	VERB
abrj-78	266	21	per	per	ADP
abrj-78	266	22	share	share	NOUN
abrj-78	266	23	(	(	PUNCT
abrj-78	266	24	eps	eps	NOUN
abrj-78	266	25	)	)	PUNCT
abrj-78	266	26	hypothesis	hypothesis	NOUN
abrj-78	266	27	testing	testing	NOUN
abrj-78	266	28	is	be	AUX
abrj-78	266	29	used	use	VERB
abrj-78	266	30	to	to	PART
abrj-78	266	31	determine	determine	VERB
abrj-78	266	32	whether	whether	SCONJ
abrj-78	266	33	or	or	CCONJ
abrj-78	266	34	not	not	PART
abrj-78	266	35	there	there	PRON
abrj-78	266	36	is	be	VERB
abrj-78	266	37	a	a	DET
abrj-78	266	38	moderating	moderate	VERB
abrj-78	266	39	effect	effect	NOUN
abrj-78	266	40	on	on	ADP
abrj-78	266	41	the	the	DET
abrj-78	266	42	relationship	relationship	NOUN
abrj-78	266	43	between	between	ADP
abrj-78	266	44	x1	x1	PROPN
abrj-78	266	45	and	and	CCONJ
abrj-78	266	46	y.	y.	NOUN
abrj-78	266	47	the	the	DET
abrj-78	266	48	hypotheses	hypothesis	NOUN
abrj-78	266	49	to	to	PART
abrj-78	266	50	be	be	AUX
abrj-78	266	51	tested	test	VERB
abrj-78	266	52	are	be	AUX
abrj-78	266	53	:	:	PUNCT
abrj-78	266	54	h0	h0	NOUN
abrj-78	266	55	:	:	PUNCT
abrj-78	267	1	b3	b3	PROPN
abrj-78	267	2	=	=	SYM
abrj-78	267	3	0	0	NUM
abrj-78	267	4	firm	firm	ADJ
abrj-78	267	5	value	value	NOUN
abrj-78	267	6	(	(	PUNCT
abrj-78	267	7	pbv	pbv	NOUN
abrj-78	267	8	)	)	PUNCT
abrj-78	267	9	does	do	AUX
abrj-78	267	10	not	not	PART
abrj-78	267	11	moderate	moderate	VERB
abrj-78	267	12	the	the	DET
abrj-78	267	13	effect	effect	NOUN
abrj-78	267	14	of	of	ADP
abrj-78	267	15	debt	debt	NOUN
abrj-78	267	16	to	to	ADP
abrj-78	267	17	equity	equity	NOUN
abrj-78	267	18	ratio	ratio	NOUN
abrj-78	267	19	(	(	PUNCT
abrj-78	267	20	der	der	NOUN
abrj-78	267	21	)	)	PUNCT
abrj-78	267	22	on	on	ADP
abrj-78	267	23	earning	earn	VERB
abrj-78	267	24	per	per	ADP
abrj-78	267	25	share	share	NOUN
abrj-78	267	26	(	(	PUNCT
abrj-78	267	27	eps	eps	PROPN
abrj-78	267	28	)	)	PUNCT
abrj-78	267	29	.	.	PUNCT
abrj-78	268	1	h1	h1	PROPN
abrj-78	268	2	:	:	PUNCT
abrj-78	268	3	b3	b3	PROPN
abrj-78	268	4	≠	≠	PROPN
abrj-78	268	5	0	0	NUM
abrj-78	268	6	firm	firm	ADJ
abrj-78	268	7	value	value	NOUN
abrj-78	268	8	(	(	PUNCT
abrj-78	268	9	pbv	pbv	ADJ
abrj-78	268	10	)	)	PUNCT
abrj-78	268	11	moderates	moderate	VERB
abrj-78	268	12	the	the	DET
abrj-78	268	13	effect	effect	NOUN
abrj-78	268	14	of	of	ADP
abrj-78	268	15	debt	debt	NOUN
abrj-78	268	16	to	to	ADP
abrj-78	268	17	equity	equity	NOUN
abrj-78	268	18	ratio	ratio	NOUN
abrj-78	268	19	(	(	PUNCT
abrj-78	268	20	der	der	NOUN
abrj-78	268	21	)	)	PUNCT
abrj-78	268	22	on	on	ADP
abrj-78	268	23	earning	earn	VERB
abrj-78	268	24	per	per	ADP
abrj-78	268	25	share	share	NOUN
abrj-78	268	26	(	(	PUNCT
abrj-78	268	27	eps	eps	PROPN
abrj-78	268	28	)	)	PUNCT
abrj-78	268	29	.	.	PUNCT
abrj-78	269	1	the	the	DET
abrj-78	269	2	t	t	NOUN
abrj-78	269	3	-	-	PUNCT
abrj-78	269	4	test	test	NOUN
abrj-78	269	5	results	result	NOUN
abrj-78	269	6	for	for	ADP
abrj-78	269	7	the	the	DET
abrj-78	269	8	interaction	interaction	NOUN
abrj-78	269	9	regression	regression	NOUN
abrj-78	269	10	coefficient	coefficient	NOUN
abrj-78	269	11	of	of	ADP
abrj-78	269	12	debt	debt	NOUN
abrj-78	269	13	to	to	ADP
abrj-78	269	14	equity	equity	NOUN
abrj-78	269	15	ratio	ratio	NOUN
abrj-78	269	16	(	(	PUNCT
abrj-78	269	17	der	der	NOUN
abrj-78	269	18	)	)	PUNCT
abrj-78	269	19	and	and	CCONJ
abrj-78	269	20	firm	firm	ADJ
abrj-78	269	21	value	value	NOUN
abrj-78	269	22	(	(	PUNCT
abrj-78	269	23	pbv	pbv	ADJ
abrj-78	269	24	)	)	PUNCT
abrj-78	269	25	(	(	PUNCT
abrj-78	269	26	x1x4	x1x4	X
abrj-78	269	27	)	)	PUNCT
abrj-78	269	28	were	be	AUX
abrj-78	269	29	9,715	9,715	NUM
abrj-78	269	30	with	with	ADP
abrj-78	269	31	a	a	DET
abrj-78	269	32	significant	significant	NOUN
abrj-78	269	33	of	of	ADP
abrj-78	269	34	0.044	0.044	NUM
abrj-78	269	35	.	.	PUNCT
abrj-78	270	1	the	the	DET
abrj-78	270	2	results	result	NOUN
abrj-78	270	3	of	of	ADP
abrj-78	270	4	the	the	DET
abrj-78	270	5	comparison	comparison	NOUN
abrj-78	270	6	between	between	ADP
abrj-78	270	7	t	t	PROPN
abrj-78	270	8	and	and	CCONJ
abrj-78	270	9	t	t	PROPN
abrj-78	270	10	table	table	NOUN
abrj-78	270	11	,	,	PUNCT
abrj-78	270	12	it	it	PRON
abrj-78	270	13	is	be	AUX
abrj-78	270	14	obtained	obtain	VERB
abrj-78	270	15	that	that	SCONJ
abrj-78	270	16	the	the	DET
abrj-78	270	17	t	t	NOUN
abrj-78	270	18	value	value	NOUN
abrj-78	270	19	of	of	ADP
abrj-78	270	20	9.715	9.715	NUM
abrj-78	270	21	is	be	AUX
abrj-78	270	22	greater	great	ADJ
abrj-78	270	23	than	than	ADP
abrj-78	270	24	t	t	NOUN
abrj-78	270	25	table	table	NOUN
abrj-78	270	26	of	of	ADP
abrj-78	270	27	2.036	2.036	NUM
abrj-78	270	28	and	and	CCONJ
abrj-78	270	29	the	the	DET
abrj-78	270	30	significant	significant	ADJ
abrj-78	270	31	value	value	NOUN
abrj-78	270	32	of	of	ADP
abrj-78	270	33	x1x3	x1x3	PRON
abrj-78	270	34	of	of	ADP
abrj-78	270	35	0.044	0.044	NUM
abrj-78	270	36	is	be	AUX
abrj-78	270	37	smaller	small	ADJ
abrj-78	270	38	than	than	ADP
abrj-78	270	39	alpha	alpha	NOUN
abrj-78	270	40	=	=	NOUN
abrj-78	270	41	0.05	0.05	NUM
abrj-78	270	42	,	,	PUNCT
abrj-78	270	43	so	so	SCONJ
abrj-78	270	44	the	the	DET
abrj-78	270	45	conclusion	conclusion	NOUN
abrj-78	270	46	is	be	AUX
abrj-78	270	47	that	that	SCONJ
abrj-78	270	48	the	the	DET
abrj-78	270	49	ho	ho	PROPN
abrj-78	270	50	test	test	NOUN
abrj-78	270	51	is	be	AUX
abrj-78	270	52	rejected	reject	VERB
abrj-78	270	53	and	and	CCONJ
abrj-78	270	54	the	the	DET
abrj-78	270	55	alternative	alternative	ADJ
abrj-78	270	56	hypothesis	hypothesis	NOUN
abrj-78	270	57	is	be	AUX
abrj-78	270	58	accepted	accept	VERB
abrj-78	270	59	.	.	PUNCT
abrj-78	271	1	this	this	PRON
abrj-78	271	2	shows	show	VERB
abrj-78	271	3	that	that	SCONJ
abrj-78	271	4	firm	firm	ADJ
abrj-78	271	5	value	value	NOUN
abrj-78	271	6	(	(	PUNCT
abrj-78	271	7	pbv	pbv	ADJ
abrj-78	271	8	)	)	PUNCT
abrj-78	271	9	moderates	moderate	VERB
abrj-78	271	10	the	the	DET
abrj-78	271	11	relationship	relationship	NOUN
abrj-78	271	12	between	between	ADP
abrj-78	271	13	debt	debt	NOUN
abrj-78	271	14	to	to	ADP
abrj-78	271	15	equity	equity	NOUN
abrj-78	271	16	ratio	ratio	NOUN
abrj-78	271	17	(	(	PUNCT
abrj-78	271	18	der	der	NOUN
abrj-78	271	19	)	)	PUNCT
abrj-78	271	20	and	and	CCONJ
abrj-78	271	21	earning	earn	VERB
abrj-78	271	22	per	per	ADP
abrj-78	271	23	share	share	NOUN
abrj-78	271	24	(	(	PUNCT
abrj-78	271	25	eps	eps	PROPN
abrj-78	271	26	)	)	PUNCT
abrj-78	271	27	.	.	PUNCT
abrj-78	272	1	asian	asian	ADJ
abrj-78	272	2	business	business	PROPN
abrj-78	272	3	research	research	NOUN
abrj-78	272	4	journal	journal	NOUN
abrj-78	272	5	,	,	PUNCT
abrj-78	272	6	2020	2020	NUM
abrj-78	272	7	,	,	PUNCT
abrj-78	272	8	5	5	NUM
abrj-78	272	9	:	:	SYM
abrj-78	272	10	39	39	NUM
abrj-78	272	11	-	-	SYM
abrj-78	272	12	47	47	NUM
abrj-78	272	13	46	46	NUM
abrj-78	272	14	©	©	PROPN
abrj-78	272	15	2020	2020	NUM
abrj-78	272	16	by	by	ADP
abrj-78	272	17	the	the	DET
abrj-78	272	18	authors	author	NOUN
abrj-78	272	19	;	;	PUNCT
abrj-78	272	20	licensee	licensee	NOUN
abrj-78	272	21	eastern	eastern	ADJ
abrj-78	272	22	centre	centre	NOUN
abrj-78	272	23	of	of	ADP
abrj-78	272	24	science	science	NOUN
abrj-78	272	25	and	and	CCONJ
abrj-78	272	26	education	education	NOUN
abrj-78	272	27	,	,	PUNCT
abrj-78	272	28	usa	usa	PROPN
abrj-78	272	29	4.2.4	4.2.4	PROPN
abrj-78	272	30	.	.	PUNCT
abrj-78	273	1	hypothesis	hypothesis	NOUN
abrj-78	273	2	testing	testing	NOUN
abrj-78	273	3	firm	firm	ADJ
abrj-78	273	4	value	value	NOUN
abrj-78	273	5	(	(	PUNCT
abrj-78	273	6	pbv	pbv	ADJ
abrj-78	273	7	)	)	PUNCT
abrj-78	273	8	moderates	moderate	VERB
abrj-78	273	9	the	the	DET
abrj-78	273	10	effect	effect	NOUN
abrj-78	273	11	of	of	ADP
abrj-78	273	12	return	return	NOUN
abrj-78	273	13	on	on	ADP
abrj-78	273	14	assets	asset	NOUN
abrj-78	273	15	(	(	PUNCT
abrj-78	273	16	roa	roa	NOUN
abrj-78	273	17	)	)	PUNCT
abrj-78	273	18	on	on	ADP
abrj-78	273	19	earning	earn	VERB
abrj-78	273	20	per	per	ADP
abrj-78	273	21	share	share	NOUN
abrj-78	273	22	(	(	PUNCT
abrj-78	273	23	eps	eps	NOUN
abrj-78	273	24	)	)	PUNCT
abrj-78	273	25	hypothesis	hypothesis	NOUN
abrj-78	273	26	testing	testing	NOUN
abrj-78	273	27	is	be	AUX
abrj-78	273	28	used	use	VERB
abrj-78	273	29	to	to	PART
abrj-78	273	30	determine	determine	VERB
abrj-78	273	31	whether	whether	SCONJ
abrj-78	273	32	or	or	CCONJ
abrj-78	273	33	not	not	PART
abrj-78	273	34	there	there	PRON
abrj-78	273	35	is	be	VERB
abrj-78	273	36	a	a	DET
abrj-78	273	37	moderating	moderate	VERB
abrj-78	273	38	effect	effect	NOUN
abrj-78	273	39	on	on	ADP
abrj-78	273	40	the	the	DET
abrj-78	273	41	relationship	relationship	NOUN
abrj-78	273	42	between	between	ADP
abrj-78	273	43	x2	x2	PROPN
abrj-78	273	44	and	and	CCONJ
abrj-78	273	45	y.	y.	NOUN
abrj-78	273	46	the	the	DET
abrj-78	273	47	hypotheses	hypothesis	NOUN
abrj-78	273	48	to	to	PART
abrj-78	273	49	be	be	AUX
abrj-78	273	50	tested	test	VERB
abrj-78	273	51	are	be	AUX
abrj-78	273	52	:	:	PUNCT
abrj-78	273	53	h0	h0	NOUN
abrj-78	273	54	:	:	PUNCT
abrj-78	274	1	b3	b3	PROPN
abrj-78	274	2	=	=	SYM
abrj-78	274	3	0	0	NUM
abrj-78	274	4	firm	firm	ADJ
abrj-78	274	5	value	value	NOUN
abrj-78	274	6	(	(	PUNCT
abrj-78	274	7	pbv	pbv	NOUN
abrj-78	274	8	)	)	PUNCT
abrj-78	274	9	does	do	AUX
abrj-78	274	10	not	not	PART
abrj-78	274	11	moderate	moderate	VERB
abrj-78	274	12	the	the	DET
abrj-78	274	13	effect	effect	NOUN
abrj-78	274	14	of	of	ADP
abrj-78	274	15	return	return	NOUN
abrj-78	274	16	on	on	ADP
abrj-78	274	17	assets	asset	NOUN
abrj-78	274	18	(	(	PUNCT
abrj-78	274	19	roa	roa	NOUN
abrj-78	274	20	)	)	PUNCT
abrj-78	274	21	on	on	ADP
abrj-78	274	22	earning	earn	VERB
abrj-78	274	23	per	per	ADP
abrj-78	274	24	share	share	NOUN
abrj-78	274	25	(	(	PUNCT
abrj-78	274	26	eps	eps	PROPN
abrj-78	274	27	)	)	PUNCT
abrj-78	274	28	.	.	PUNCT
abrj-78	275	1	h1	h1	PROPN
abrj-78	275	2	:	:	PUNCT
abrj-78	275	3	b3	b3	PROPN
abrj-78	275	4	≠	≠	PROPN
abrj-78	275	5	0	0	NUM
abrj-78	275	6	firm	firm	ADJ
abrj-78	275	7	value	value	NOUN
abrj-78	275	8	(	(	PUNCT
abrj-78	275	9	pbv	pbv	ADJ
abrj-78	275	10	)	)	PUNCT
abrj-78	275	11	moderates	moderate	VERB
abrj-78	275	12	the	the	DET
abrj-78	275	13	effect	effect	NOUN
abrj-78	275	14	of	of	ADP
abrj-78	275	15	return	return	NOUN
abrj-78	275	16	on	on	ADP
abrj-78	275	17	assets	asset	NOUN
abrj-78	275	18	(	(	PUNCT
abrj-78	275	19	roa	roa	NOUN
abrj-78	275	20	)	)	PUNCT
abrj-78	275	21	on	on	ADP
abrj-78	275	22	earning	earn	VERB
abrj-78	275	23	per	per	ADP
abrj-78	275	24	share	share	NOUN
abrj-78	275	25	(	(	PUNCT
abrj-78	275	26	eps	eps	PROPN
abrj-78	275	27	)	)	PUNCT
abrj-78	275	28	.	.	PUNCT
abrj-78	276	1	the	the	DET
abrj-78	276	2	t	t	NOUN
abrj-78	276	3	-	-	PUNCT
abrj-78	276	4	test	test	NOUN
abrj-78	276	5	result	result	NOUN
abrj-78	276	6	for	for	ADP
abrj-78	276	7	the	the	DET
abrj-78	276	8	regression	regression	NOUN
abrj-78	276	9	coefficient	coefficient	NOUN
abrj-78	276	10	of	of	ADP
abrj-78	276	11	the	the	DET
abrj-78	276	12	interaction	interaction	NOUN
abrj-78	276	13	between	between	ADP
abrj-78	276	14	return	return	NOUN
abrj-78	276	15	on	on	ADP
abrj-78	276	16	asset	asset	NOUN
abrj-78	276	17	(	(	PUNCT
abrj-78	276	18	roa	roa	PROPN
abrj-78	276	19	)	)	PUNCT
abrj-78	276	20	and	and	CCONJ
abrj-78	276	21	firm	firm	ADJ
abrj-78	276	22	value	value	NOUN
abrj-78	276	23	(	(	PUNCT
abrj-78	276	24	pbv	pbv	ADJ
abrj-78	276	25	)	)	PUNCT
abrj-78	276	26	(	(	PUNCT
abrj-78	276	27	x2x3	x2x3	X
abrj-78	276	28	)	)	PUNCT
abrj-78	276	29	is	be	AUX
abrj-78	276	30	2.998	2.998	NUM
abrj-78	276	31	with	with	ADP
abrj-78	276	32	a	a	DET
abrj-78	276	33	significant	significant	NOUN
abrj-78	276	34	of	of	ADP
abrj-78	276	35	0.001	0.001	NUM
abrj-78	276	36	.	.	PUNCT
abrj-78	277	1	the	the	DET
abrj-78	277	2	results	result	NOUN
abrj-78	277	3	of	of	ADP
abrj-78	277	4	the	the	DET
abrj-78	277	5	comparison	comparison	NOUN
abrj-78	277	6	between	between	ADP
abrj-78	277	7	t	t	PROPN
abrj-78	277	8	and	and	CCONJ
abrj-78	277	9	t	t	PROPN
abrj-78	277	10	table	table	NOUN
abrj-78	277	11	,	,	PUNCT
abrj-78	277	12	it	it	PRON
abrj-78	277	13	is	be	AUX
abrj-78	277	14	obtained	obtain	VERB
abrj-78	277	15	that	that	SCONJ
abrj-78	277	16	the	the	DET
abrj-78	277	17	t	t	NOUN
abrj-78	277	18	value	value	NOUN
abrj-78	277	19	of	of	ADP
abrj-78	277	20	2.998	2.998	NUM
abrj-78	277	21	is	be	AUX
abrj-78	277	22	greater	great	ADJ
abrj-78	277	23	than	than	ADP
abrj-78	277	24	t	t	NOUN
abrj-78	277	25	table	table	NOUN
abrj-78	277	26	of	of	ADP
abrj-78	277	27	2.036	2.036	NUM
abrj-78	277	28	and	and	CCONJ
abrj-78	277	29	the	the	DET
abrj-78	277	30	significant	significant	ADJ
abrj-78	277	31	value	value	NOUN
abrj-78	277	32	of	of	ADP
abrj-78	277	33	x2x3	x2x3	PROPN
abrj-78	277	34	of	of	ADP
abrj-78	277	35	0.001	0.001	NUM
abrj-78	277	36	is	be	AUX
abrj-78	277	37	smaller	small	ADJ
abrj-78	277	38	than	than	ADP
abrj-78	277	39	alpha	alpha	NOUN
abrj-78	277	40	=	=	NOUN
abrj-78	277	41	0.05	0.05	NUM
abrj-78	277	42	,	,	PUNCT
abrj-78	277	43	so	so	SCONJ
abrj-78	277	44	the	the	DET
abrj-78	277	45	conclusion	conclusion	NOUN
abrj-78	277	46	is	be	AUX
abrj-78	277	47	that	that	SCONJ
abrj-78	277	48	the	the	DET
abrj-78	277	49	ho	ho	PROPN
abrj-78	277	50	test	test	NOUN
abrj-78	277	51	is	be	AUX
abrj-78	277	52	rejected	reject	VERB
abrj-78	277	53	and	and	CCONJ
abrj-78	277	54	the	the	DET
abrj-78	277	55	alternative	alternative	ADJ
abrj-78	277	56	hypothesis	hypothesis	NOUN
abrj-78	277	57	is	be	AUX
abrj-78	277	58	accepted	accept	VERB
abrj-78	277	59	.	.	PUNCT
abrj-78	278	1	this	this	PRON
abrj-78	278	2	shows	show	VERB
abrj-78	278	3	that	that	SCONJ
abrj-78	278	4	firm	firm	ADJ
abrj-78	278	5	value	value	NOUN
abrj-78	278	6	(	(	PUNCT
abrj-78	278	7	pbv	pbv	ADJ
abrj-78	278	8	)	)	PUNCT
abrj-78	278	9	moderates	moderate	VERB
abrj-78	278	10	the	the	DET
abrj-78	278	11	relationship	relationship	NOUN
abrj-78	278	12	between	between	ADP
abrj-78	278	13	return	return	NOUN
abrj-78	278	14	on	on	ADP
abrj-78	278	15	asset	asset	NOUN
abrj-78	278	16	(	(	PUNCT
abrj-78	278	17	roa	roa	PROPN
abrj-78	278	18	)	)	PUNCT
abrj-78	278	19	and	and	CCONJ
abrj-78	278	20	earning	earn	VERB
abrj-78	278	21	per	per	ADP
abrj-78	278	22	share	share	NOUN
abrj-78	278	23	(	(	PUNCT
abrj-78	278	24	eps	eps	PROPN
abrj-78	278	25	)	)	PUNCT
abrj-78	278	26	.	.	PUNCT
abrj-78	279	1	5	5	X
abrj-78	279	2	.	.	X
abrj-78	279	3	discussion	discussion	NOUN
abrj-78	279	4	5.1	5.1	NUM
abrj-78	279	5	.	.	PUNCT
abrj-78	280	1	effect	effect	NOUN
abrj-78	280	2	of	of	ADP
abrj-78	280	3	debt	debt	NOUN
abrj-78	280	4	to	to	ADP
abrj-78	280	5	equity	equity	NOUN
abrj-78	280	6	ratio	ratio	NOUN
abrj-78	280	7	(	(	PUNCT
abrj-78	280	8	der	der	NOUN
abrj-78	280	9	)	)	PUNCT
abrj-78	280	10	on	on	ADP
abrj-78	280	11	earning	earn	VERB
abrj-78	280	12	per	per	ADP
abrj-78	280	13	share	share	NOUN
abrj-78	280	14	(	(	PUNCT
abrj-78	280	15	eps	eps	PROPN
abrj-78	280	16	)	)	PUNCT
abrj-78	280	17	the	the	DET
abrj-78	280	18	first	first	ADJ
abrj-78	280	19	hypothesis	hypothesis	NOUN
abrj-78	280	20	results	result	NOUN
abrj-78	280	21	,	,	PUNCT
abrj-78	280	22	debt	debt	NOUN
abrj-78	280	23	to	to	ADP
abrj-78	280	24	equity	equity	NOUN
abrj-78	280	25	ratio	ratio	NOUN
abrj-78	280	26	(	(	PUNCT
abrj-78	280	27	der	der	NOUN
abrj-78	280	28	)	)	PUNCT
abrj-78	280	29	has	have	VERB
abrj-78	280	30	a	a	DET
abrj-78	280	31	significant	significant	ADJ
abrj-78	280	32	effect	effect	NOUN
abrj-78	280	33	on	on	ADP
abrj-78	280	34	earning	earn	VERB
abrj-78	280	35	per	per	ADP
abrj-78	280	36	share	share	NOUN
abrj-78	280	37	(	(	PUNCT
abrj-78	280	38	eps	eps	PROPN
abrj-78	280	39	)	)	PUNCT
abrj-78	280	40	.	.	PUNCT
abrj-78	281	1	then	then	ADV
abrj-78	281	2	the	the	DET
abrj-78	281	3	debt	debt	NOUN
abrj-78	281	4	to	to	ADP
abrj-78	281	5	equity	equity	NOUN
abrj-78	281	6	ratio	ratio	NOUN
abrj-78	281	7	(	(	PUNCT
abrj-78	281	8	der	der	NOUN
abrj-78	281	9	)	)	PUNCT
abrj-78	281	10	(	(	PUNCT
abrj-78	281	11	x1	x1	X
abrj-78	281	12	)	)	PUNCT
abrj-78	281	13	regression	regression	NOUN
abrj-78	281	14	coefficient	coefficient	NOUN
abrj-78	281	15	also	also	ADV
abrj-78	281	16	has	have	VERB
abrj-78	281	17	a	a	DET
abrj-78	281	18	positive	positive	ADJ
abrj-78	281	19	sign	sign	NOUN
abrj-78	281	20	which	which	PRON
abrj-78	281	21	means	mean	VERB
abrj-78	281	22	that	that	SCONJ
abrj-78	281	23	the	the	PRON
abrj-78	281	24	higher	high	ADJ
abrj-78	281	25	the	the	DET
abrj-78	281	26	debt	debt	NOUN
abrj-78	281	27	to	to	ADP
abrj-78	281	28	equity	equity	NOUN
abrj-78	281	29	ratio	ratio	NOUN
abrj-78	281	30	(	(	PUNCT
abrj-78	281	31	der	der	NOUN
abrj-78	281	32	)	)	PUNCT
abrj-78	281	33	,	,	PUNCT
abrj-78	281	34	the	the	PRON
abrj-78	281	35	higher	high	ADJ
abrj-78	281	36	the	the	DET
abrj-78	281	37	earning	earning	NOUN
abrj-78	281	38	per	per	ADP
abrj-78	281	39	share	share	NOUN
abrj-78	281	40	(	(	PUNCT
abrj-78	281	41	eps	eps	PROPN
abrj-78	281	42	)	)	PUNCT
abrj-78	281	43	.	.	PUNCT
abrj-78	282	1	this	this	PRON
abrj-78	282	2	is	be	AUX
abrj-78	282	3	supported	support	VERB
abrj-78	282	4	by	by	ADP
abrj-78	282	5	the	the	DET
abrj-78	282	6	calculation	calculation	NOUN
abrj-78	282	7	that	that	PRON
abrj-78	282	8	the	the	DET
abrj-78	282	9	t	t	PROPN
abrj-78	282	10	-	-	PUNCT
abrj-78	282	11	count	count	NOUN
abrj-78	282	12	value	value	NOUN
abrj-78	282	13	of	of	ADP
abrj-78	282	14	2.988	2.988	NUM
abrj-78	282	15	is	be	AUX
abrj-78	282	16	greater	great	ADJ
abrj-78	282	17	than	than	ADP
abrj-78	282	18	the	the	DET
abrj-78	282	19	t	t	NOUN
abrj-78	282	20	-	-	PUNCT
abrj-78	282	21	table	table	NOUN
abrj-78	282	22	of	of	ADP
abrj-78	282	23	2.036	2.036	NUM
abrj-78	282	24	.	.	PUNCT
abrj-78	283	1	because	because	SCONJ
abrj-78	283	2	the	the	DET
abrj-78	283	3	value	value	NOUN
abrj-78	283	4	of	of	ADP
abrj-78	283	5	t	t	PROPN
abrj-78	283	6	-	-	PUNCT
abrj-78	283	7	count	count	NOUN
abrj-78	283	8	>	>	X
abrj-78	283	9	t	t	PROPN
abrj-78	283	10	-	-	PUNCT
abrj-78	283	11	table	table	NOUN
abrj-78	283	12	(	(	PUNCT
abrj-78	283	13	3.047	3.047	NUM
abrj-78	283	14	>	>	SYM
abrj-78	283	15	2.036	2.036	NUM
abrj-78	283	16	)	)	PUNCT
abrj-78	283	17	,	,	PUNCT
abrj-78	283	18	ho	ho	PROPN
abrj-78	283	19	is	be	AUX
abrj-78	283	20	rejected	reject	VERB
abrj-78	283	21	and	and	CCONJ
abrj-78	283	22	the	the	DET
abrj-78	283	23	alternative	alternative	ADJ
abrj-78	283	24	hypothesis	hypothesis	NOUN
abrj-78	283	25	is	be	AUX
abrj-78	283	26	accepted	accept	VERB
abrj-78	283	27	,	,	PUNCT
abrj-78	283	28	meaning	mean	VERB
abrj-78	283	29	that	that	SCONJ
abrj-78	283	30	partially	partially	ADV
abrj-78	283	31	the	the	DET
abrj-78	283	32	debt	debt	NOUN
abrj-78	283	33	to	to	ADP
abrj-78	283	34	equity	equity	NOUN
abrj-78	283	35	ratio	ratio	NOUN
abrj-78	283	36	(	(	PUNCT
abrj-78	283	37	der	der	NOUN
abrj-78	283	38	)	)	PUNCT
abrj-78	283	39	affects	affect	VERB
abrj-78	283	40	earning	earn	VERB
abrj-78	283	41	per	per	ADP
abrj-78	283	42	share	share	NOUN
abrj-78	283	43	(	(	PUNCT
abrj-78	283	44	eps	eps	PROPN
abrj-78	283	45	)	)	PUNCT
abrj-78	283	46	.	.	PUNCT
abrj-78	284	1	t	t	PROPN
abrj-78	284	2	-	-	PUNCT
abrj-78	284	3	count	count	NOUN
abrj-78	284	4	is	be	AUX
abrj-78	284	5	positive	positive	ADJ
abrj-78	284	6	means	mean	NOUN
abrj-78	284	7	that	that	SCONJ
abrj-78	284	8	der	der	NOUN
abrj-78	284	9	has	have	AUX
abrj-78	284	10	a	a	DET
abrj-78	284	11	positive	positive	ADJ
abrj-78	284	12	effect	effect	NOUN
abrj-78	284	13	on	on	ADP
abrj-78	284	14	earning	earn	VERB
abrj-78	284	15	per	per	ADP
abrj-78	284	16	share	share	NOUN
abrj-78	284	17	(	(	PUNCT
abrj-78	284	18	eps	eps	PROPN
abrj-78	284	19	)	)	PUNCT
abrj-78	284	20	.	.	PUNCT
abrj-78	285	1	5.2	5.2	NUM
abrj-78	285	2	.	.	PUNCT
abrj-78	286	1	the	the	DET
abrj-78	286	2	effect	effect	NOUN
abrj-78	286	3	of	of	ADP
abrj-78	286	4	return	return	NOUN
abrj-78	286	5	on	on	ADP
abrj-78	286	6	asset	asset	NOUN
abrj-78	286	7	(	(	PUNCT
abrj-78	286	8	roa	roa	PROPN
abrj-78	286	9	)	)	PUNCT
abrj-78	286	10	on	on	ADP
abrj-78	286	11	earning	earn	VERB
abrj-78	286	12	per	per	ADP
abrj-78	286	13	share	share	NOUN
abrj-78	286	14	(	(	PUNCT
abrj-78	286	15	eps	eps	PROPN
abrj-78	286	16	)	)	PUNCT
abrj-78	286	17	the	the	DET
abrj-78	286	18	second	second	ADJ
abrj-78	286	19	hypothesis	hypothesis	NOUN
abrj-78	286	20	test	test	NOUN
abrj-78	286	21	used	use	VERB
abrj-78	286	22	to	to	PART
abrj-78	286	23	test	test	VERB
abrj-78	286	24	whether	whether	SCONJ
abrj-78	286	25	there	there	PRON
abrj-78	286	26	is	be	VERB
abrj-78	286	27	an	an	DET
abrj-78	286	28	effect	effect	NOUN
abrj-78	286	29	is	be	AUX
abrj-78	286	30	a	a	DET
abrj-78	286	31	t	t	NOUN
abrj-78	286	32	-	-	PUNCT
abrj-78	286	33	test	test	NOUN
abrj-78	286	34	.	.	PUNCT
abrj-78	287	1	determination	determination	NOUN
abrj-78	287	2	of	of	ADP
abrj-78	287	3	the	the	DET
abrj-78	287	4	test	test	NOUN
abrj-78	287	5	results	result	NOUN
abrj-78	287	6	(	(	PUNCT
abrj-78	287	7	acceptance	acceptance	NOUN
abrj-78	287	8	/	/	SYM
abrj-78	287	9	rejection	rejection	NOUN
abrj-78	287	10	of	of	ADP
abrj-78	287	11	h0	h0	NOUN
abrj-78	287	12	)	)	PUNCT
abrj-78	287	13	can	can	AUX
abrj-78	287	14	be	be	AUX
abrj-78	287	15	done	do	VERB
abrj-78	287	16	by	by	ADP
abrj-78	287	17	comparing	compare	VERB
abrj-78	287	18	the	the	DET
abrj-78	287	19	t	t	NOUN
abrj-78	287	20	-	-	PUNCT
abrj-78	287	21	count	count	NOUN
abrj-78	287	22	with	with	ADP
abrj-78	287	23	the	the	DET
abrj-78	287	24	t	t	NOUN
abrj-78	287	25	-	-	PUNCT
abrj-78	287	26	table	table	NOUN
abrj-78	287	27	or	or	CCONJ
abrj-78	287	28	it	it	PRON
abrj-78	287	29	can	can	AUX
abrj-78	287	30	also	also	ADV
abrj-78	287	31	be	be	AUX
abrj-78	287	32	seen	see	VERB
abrj-78	287	33	from	from	ADP
abrj-78	287	34	the	the	DET
abrj-78	287	35	significant	significant	ADJ
abrj-78	287	36	value	value	NOUN
abrj-78	287	37	.	.	PUNCT
abrj-78	288	1	from	from	ADP
abrj-78	288	2	the	the	DET
abrj-78	288	3	t	t	NOUN
abrj-78	288	4	-	-	PUNCT
abrj-78	288	5	table	table	NOUN
abrj-78	288	6	,	,	PUNCT
abrj-78	288	7	the	the	DET
abrj-78	288	8	t	t	NOUN
abrj-78	288	9	-	-	PUNCT
abrj-78	288	10	table	table	NOUN
abrj-78	288	11	value	value	NOUN
abrj-78	288	12	for	for	ADP
abrj-78	288	13	alpha	alpha	NOUN
abrj-78	288	14	=	=	NOUN
abrj-78	288	15	0.05	0.05	NUM
abrj-78	288	16	and	and	CCONJ
abrj-78	288	17	degrees	degree	NOUN
abrj-78	288	18	of	of	ADP
abrj-78	288	19	freedom	freedom	NOUN
abrj-78	288	20	(	(	PUNCT
abrj-78	288	21	db	db	NOUN
abrj-78	288	22	)	)	PUNCT
abrj-78	288	23	=	=	NOUN
abrj-78	288	24	35	35	NUM
abrj-78	288	25	-	-	SYM
abrj-78	288	26	2	2	NUM
abrj-78	288	27	-	-	SYM
abrj-78	288	28	1	1	NUM
abrj-78	288	29	=	=	SYM
abrj-78	288	30	32	32	NUM
abrj-78	288	31	on	on	ADP
abrj-78	288	32	the	the	DET
abrj-78	288	33	two	two	NUM
abrj-78	288	34	-	-	PUNCT
abrj-78	288	35	party	party	NOUN
abrj-78	288	36	test	test	NOUN
abrj-78	288	37	is	be	AUX
abrj-78	288	38	2.036	2.036	NUM
abrj-78	288	39	.	.	PUNCT
abrj-78	289	1	the	the	DET
abrj-78	289	2	results	result	NOUN
abrj-78	289	3	of	of	ADP
abrj-78	289	4	the	the	DET
abrj-78	289	5	comparison	comparison	NOUN
abrj-78	289	6	between	between	ADP
abrj-78	289	7	t	t	PROPN
abrj-78	289	8	count	count	NOUN
abrj-78	289	9	and	and	CCONJ
abrj-78	289	10	t	t	NOUN
abrj-78	289	11	table	table	NOUN
abrj-78	289	12	obtained	obtain	VERB
abrj-78	289	13	3,921	3,921	NUM
abrj-78	289	14	greater	great	ADJ
abrj-78	289	15	than	than	ADP
abrj-78	289	16	t	t	NOUN
abrj-78	289	17	table	table	NOUN
abrj-78	289	18	2,036	2,036	NUM
abrj-78	289	19	.	.	PUNCT
abrj-78	290	1	because	because	SCONJ
abrj-78	290	2	the	the	DET
abrj-78	290	3	value	value	NOUN
abrj-78	290	4	of	of	ADP
abrj-78	290	5	t	t	PROPN
abrj-78	290	6	-	-	PUNCT
abrj-78	290	7	count	count	NOUN
abrj-78	290	8	>	>	X
abrj-78	290	9	t	t	PROPN
abrj-78	290	10	-	-	PUNCT
abrj-78	290	11	table	table	NOUN
abrj-78	290	12	(	(	PUNCT
abrj-78	290	13	3,921	3,921	NUM
abrj-78	290	14	>	>	SYM
abrj-78	290	15	2,036	2,036	NUM
abrj-78	290	16	)	)	PUNCT
abrj-78	290	17	,	,	PUNCT
abrj-78	290	18	ho	ho	PROPN
abrj-78	290	19	is	be	AUX
abrj-78	290	20	rejected	reject	VERB
abrj-78	290	21	and	and	CCONJ
abrj-78	290	22	the	the	DET
abrj-78	290	23	alternative	alternative	ADJ
abrj-78	290	24	hypothesis	hypothesis	NOUN
abrj-78	290	25	is	be	AUX
abrj-78	290	26	accepted	accept	VERB
abrj-78	290	27	,	,	PUNCT
abrj-78	290	28	meaning	mean	VERB
abrj-78	290	29	that	that	SCONJ
abrj-78	290	30	partially	partially	ADV
abrj-78	290	31	return	return	VERB
abrj-78	290	32	on	on	ADP
abrj-78	290	33	asset	asset	NOUN
abrj-78	290	34	(	(	PUNCT
abrj-78	290	35	roa	roa	NOUN
abrj-78	290	36	)	)	PUNCT
abrj-78	290	37	affects	affect	VERB
abrj-78	290	38	earning	earn	VERB
abrj-78	290	39	per	per	ADP
abrj-78	290	40	share	share	NOUN
abrj-78	290	41	(	(	PUNCT
abrj-78	290	42	eps	eps	PROPN
abrj-78	290	43	)	)	PUNCT
abrj-78	290	44	.	.	PUNCT
abrj-78	291	1	t	t	PROPN
abrj-78	291	2	count	count	NOUN
abrj-78	291	3	is	be	AUX
abrj-78	291	4	positive	positive	ADJ
abrj-78	291	5	means	mean	NOUN
abrj-78	291	6	that	that	SCONJ
abrj-78	291	7	return	return	VERB
abrj-78	291	8	on	on	ADP
abrj-78	291	9	assets	asset	NOUN
abrj-78	291	10	(	(	PUNCT
abrj-78	291	11	roa	roa	NOUN
abrj-78	291	12	)	)	PUNCT
abrj-78	291	13	has	have	AUX
abrj-78	291	14	a	a	DET
abrj-78	291	15	positive	positive	ADJ
abrj-78	291	16	effect	effect	NOUN
abrj-78	291	17	on	on	ADP
abrj-78	291	18	earning	earn	VERB
abrj-78	291	19	per	per	ADP
abrj-78	291	20	share	share	NOUN
abrj-78	291	21	(	(	PUNCT
abrj-78	291	22	eps	eps	PROPN
abrj-78	291	23	)	)	PUNCT
abrj-78	291	24	.	.	PUNCT
abrj-78	292	1	5.3	5.3	NUM
abrj-78	292	2	.	.	PUNCT
abrj-78	293	1	the	the	DET
abrj-78	293	2	effect	effect	NOUN
abrj-78	293	3	of	of	ADP
abrj-78	293	4	firm	firm	ADJ
abrj-78	293	5	value	value	NOUN
abrj-78	293	6	(	(	PUNCT
abrj-78	293	7	pbv	pbv	ADJ
abrj-78	293	8	)	)	PUNCT
abrj-78	293	9	moderates	moderate	VERB
abrj-78	293	10	the	the	DET
abrj-78	293	11	effect	effect	NOUN
abrj-78	293	12	of	of	ADP
abrj-78	293	13	debt	debt	NOUN
abrj-78	293	14	to	to	ADP
abrj-78	293	15	equity	equity	NOUN
abrj-78	293	16	ratio	ratio	NOUN
abrj-78	293	17	(	(	PUNCT
abrj-78	293	18	der	der	NOUN
abrj-78	293	19	)	)	PUNCT
abrj-78	293	20	on	on	ADP
abrj-78	293	21	earning	earn	VERB
abrj-78	293	22	per	per	ADP
abrj-78	293	23	share	share	NOUN
abrj-78	293	24	(	(	PUNCT
abrj-78	293	25	eps	eps	PROPN
abrj-78	293	26	)	)	PUNCT
abrj-78	293	27	the	the	DET
abrj-78	293	28	third	third	ADJ
abrj-78	293	29	hypothesis	hypothesis	NOUN
abrj-78	293	30	test	test	NOUN
abrj-78	293	31	is	be	AUX
abrj-78	293	32	used	use	VERB
abrj-78	293	33	to	to	PART
abrj-78	293	34	determine	determine	VERB
abrj-78	293	35	whether	whether	SCONJ
abrj-78	293	36	or	or	CCONJ
abrj-78	293	37	not	not	PART
abrj-78	293	38	there	there	PRON
abrj-78	293	39	is	be	VERB
abrj-78	293	40	an	an	DET
abrj-78	293	41	effect	effect	NOUN
abrj-78	293	42	of	of	ADP
abrj-78	293	43	moderation	moderation	NOUN
abrj-78	293	44	on	on	ADP
abrj-78	293	45	the	the	DET
abrj-78	293	46	relationship	relationship	NOUN
abrj-78	293	47	between	between	ADP
abrj-78	293	48	x1	x1	PROPN
abrj-78	293	49	and	and	CCONJ
abrj-78	293	50	y.	y.	NOUN
abrj-78	293	51	the	the	DET
abrj-78	293	52	results	result	NOUN
abrj-78	293	53	of	of	ADP
abrj-78	293	54	the	the	DET
abrj-78	293	55	t	t	NOUN
abrj-78	293	56	-	-	PUNCT
abrj-78	293	57	test	test	NOUN
abrj-78	293	58	for	for	ADP
abrj-78	293	59	the	the	DET
abrj-78	293	60	interaction	interaction	NOUN
abrj-78	293	61	regression	regression	NOUN
abrj-78	293	62	coefficient	coefficient	NOUN
abrj-78	293	63	of	of	ADP
abrj-78	293	64	debt	debt	NOUN
abrj-78	293	65	to	to	ADP
abrj-78	293	66	equity	equity	NOUN
abrj-78	293	67	ratio	ratio	NOUN
abrj-78	293	68	(	(	PUNCT
abrj-78	293	69	der	der	NOUN
abrj-78	293	70	)	)	PUNCT
abrj-78	293	71	and	and	CCONJ
abrj-78	293	72	firm	firm	ADJ
abrj-78	293	73	value	value	NOUN
abrj-78	293	74	(	(	PUNCT
abrj-78	293	75	pbv	pbv	ADJ
abrj-78	293	76	)	)	PUNCT
abrj-78	293	77	(	(	PUNCT
abrj-78	294	1	x1x4	x1x4	NOUN
abrj-78	294	2	)	)	PUNCT
abrj-78	294	3	from	from	ADP
abrj-78	294	4	table	table	NOUN
abrj-78	294	5	4.50	4.50	NUM
abrj-78	294	6	are	be	AUX
abrj-78	294	7	9,715	9,715	NUM
abrj-78	294	8	with	with	ADP
abrj-78	294	9	a	a	DET
abrj-78	294	10	significant	significant	NOUN
abrj-78	294	11	of	of	ADP
abrj-78	294	12	0.044	0.044	NUM
abrj-78	294	13	.	.	PUNCT
abrj-78	295	1	the	the	DET
abrj-78	295	2	results	result	NOUN
abrj-78	295	3	of	of	ADP
abrj-78	295	4	the	the	DET
abrj-78	295	5	comparison	comparison	NOUN
abrj-78	295	6	between	between	ADP
abrj-78	295	7	t	t	PROPN
abrj-78	295	8	and	and	CCONJ
abrj-78	295	9	t	t	PROPN
abrj-78	295	10	table	table	NOUN
abrj-78	295	11	,	,	PUNCT
abrj-78	295	12	it	it	PRON
abrj-78	295	13	is	be	AUX
abrj-78	295	14	obtained	obtain	VERB
abrj-78	295	15	that	that	SCONJ
abrj-78	295	16	the	the	DET
abrj-78	295	17	t	t	NOUN
abrj-78	295	18	value	value	NOUN
abrj-78	295	19	of	of	ADP
abrj-78	295	20	9.715	9.715	NUM
abrj-78	295	21	is	be	AUX
abrj-78	295	22	greater	great	ADJ
abrj-78	295	23	than	than	ADP
abrj-78	295	24	t	t	NOUN
abrj-78	295	25	table	table	NOUN
abrj-78	295	26	of	of	ADP
abrj-78	295	27	2.036	2.036	NUM
abrj-78	295	28	and	and	CCONJ
abrj-78	295	29	the	the	DET
abrj-78	295	30	significant	significant	ADJ
abrj-78	295	31	value	value	NOUN
abrj-78	295	32	of	of	ADP
abrj-78	295	33	x1x3	x1x3	PRON
abrj-78	295	34	of	of	ADP
abrj-78	295	35	0.044	0.044	NUM
abrj-78	295	36	is	be	AUX
abrj-78	295	37	smaller	small	ADJ
abrj-78	295	38	than	than	ADP
abrj-78	295	39	alpha	alpha	NOUN
abrj-78	295	40	=	=	NOUN
abrj-78	295	41	0.05	0.05	NUM
abrj-78	295	42	,	,	PUNCT
abrj-78	295	43	so	so	SCONJ
abrj-78	295	44	the	the	DET
abrj-78	295	45	conclusion	conclusion	NOUN
abrj-78	295	46	is	be	AUX
abrj-78	295	47	that	that	SCONJ
abrj-78	295	48	the	the	DET
abrj-78	295	49	ho	ho	PROPN
abrj-78	295	50	test	test	NOUN
abrj-78	295	51	is	be	AUX
abrj-78	295	52	rejected	reject	VERB
abrj-78	295	53	and	and	CCONJ
abrj-78	295	54	the	the	DET
abrj-78	295	55	alternative	alternative	ADJ
abrj-78	295	56	hypothesis	hypothesis	NOUN
abrj-78	295	57	is	be	AUX
abrj-78	295	58	accepted	accept	VERB
abrj-78	295	59	.	.	PUNCT
abrj-78	296	1	this	this	PRON
abrj-78	296	2	shows	show	VERB
abrj-78	296	3	that	that	SCONJ
abrj-78	296	4	firm	firm	ADJ
abrj-78	296	5	value	value	NOUN
abrj-78	296	6	(	(	PUNCT
abrj-78	296	7	pbv	pbv	ADJ
abrj-78	296	8	)	)	PUNCT
abrj-78	296	9	moderates	moderate	VERB
abrj-78	296	10	the	the	DET
abrj-78	296	11	relationship	relationship	NOUN
abrj-78	296	12	of	of	ADP
abrj-78	296	13	debt	debt	NOUN
abrj-78	296	14	to	to	ADP
abrj-78	296	15	equity	equity	NOUN
abrj-78	296	16	ratio	ratio	NOUN
abrj-78	296	17	(	(	PUNCT
abrj-78	296	18	der	der	NOUN
abrj-78	296	19	)	)	PUNCT
abrj-78	296	20	to	to	ADP
abrj-78	296	21	earning	earn	VERB
abrj-78	296	22	per	per	ADP
abrj-78	296	23	share	share	NOUN
abrj-78	296	24	(	(	PUNCT
abrj-78	296	25	eps	eps	PROPN
abrj-78	296	26	)	)	PUNCT
abrj-78	296	27	.	.	PUNCT
abrj-78	297	1	5.4	5.4	NUM
abrj-78	297	2	.	.	PUNCT
abrj-78	298	1	the	the	DET
abrj-78	298	2	influence	influence	NOUN
abrj-78	298	3	of	of	ADP
abrj-78	298	4	firm	firm	ADJ
abrj-78	298	5	value	value	NOUN
abrj-78	298	6	(	(	PUNCT
abrj-78	298	7	pbv	pbv	ADJ
abrj-78	298	8	)	)	PUNCT
abrj-78	298	9	moderates	moderate	VERB
abrj-78	298	10	the	the	DET
abrj-78	298	11	effect	effect	NOUN
abrj-78	298	12	of	of	ADP
abrj-78	298	13	return	return	NOUN
abrj-78	298	14	on	on	ADP
abrj-78	298	15	assets	asset	NOUN
abrj-78	298	16	(	(	PUNCT
abrj-78	298	17	roa	roa	NOUN
abrj-78	298	18	)	)	PUNCT
abrj-78	298	19	on	on	ADP
abrj-78	298	20	earning	earn	VERB
abrj-78	298	21	per	per	ADP
abrj-78	298	22	share	share	NOUN
abrj-78	298	23	(	(	PUNCT
abrj-78	298	24	eps	eps	NOUN
abrj-78	298	25	)	)	PUNCT
abrj-78	298	26	hypothesis	hypothesis	NOUN
abrj-78	298	27	testing	testing	NOUN
abrj-78	298	28	is	be	AUX
abrj-78	298	29	used	use	VERB
abrj-78	298	30	to	to	PART
abrj-78	298	31	determine	determine	VERB
abrj-78	298	32	whether	whether	SCONJ
abrj-78	298	33	or	or	CCONJ
abrj-78	298	34	not	not	PART
abrj-78	298	35	there	there	PRON
abrj-78	298	36	is	be	VERB
abrj-78	298	37	a	a	DET
abrj-78	298	38	moderating	moderate	VERB
abrj-78	298	39	effect	effect	NOUN
abrj-78	298	40	on	on	ADP
abrj-78	298	41	the	the	DET
abrj-78	298	42	relationship	relationship	NOUN
abrj-78	298	43	between	between	ADP
abrj-78	298	44	x2	x2	PROPN
abrj-78	298	45	and	and	CCONJ
abrj-78	298	46	y.	y.	NOUN
abrj-78	298	47	the	the	DET
abrj-78	298	48	results	result	NOUN
abrj-78	298	49	of	of	ADP
abrj-78	298	50	the	the	DET
abrj-78	298	51	comparison	comparison	NOUN
abrj-78	298	52	between	between	ADP
abrj-78	298	53	t	t	PROPN
abrj-78	298	54	and	and	CCONJ
abrj-78	298	55	t	t	PROPN
abrj-78	298	56	table	table	NOUN
abrj-78	298	57	show	show	VERB
abrj-78	298	58	that	that	SCONJ
abrj-78	298	59	the	the	DET
abrj-78	298	60	t	t	NOUN
abrj-78	298	61	value	value	NOUN
abrj-78	298	62	of	of	ADP
abrj-78	298	63	2.998	2.998	NUM
abrj-78	298	64	is	be	AUX
abrj-78	298	65	greater	great	ADJ
abrj-78	298	66	than	than	ADP
abrj-78	298	67	t	t	NOUN
abrj-78	298	68	table	table	NOUN
abrj-78	298	69	of	of	ADP
abrj-78	298	70	2.036	2.036	NUM
abrj-78	298	71	and	and	CCONJ
abrj-78	298	72	the	the	DET
abrj-78	298	73	significant	significant	ADJ
abrj-78	298	74	value	value	NOUN
abrj-78	298	75	of	of	ADP
abrj-78	298	76	x2x3	x2x3	PROPN
abrj-78	298	77	of	of	ADP
abrj-78	298	78	0.001	0.001	NUM
abrj-78	298	79	is	be	AUX
abrj-78	298	80	smaller	small	ADJ
abrj-78	298	81	than	than	ADP
abrj-78	298	82	alpha	alpha	NOUN
abrj-78	299	1	=	=	NOUN
abrj-78	299	2	0.05	0.05	NUM
abrj-78	299	3	,	,	PUNCT
abrj-78	299	4	it	it	PRON
abrj-78	299	5	is	be	AUX
abrj-78	299	6	obtained	obtain	VERB
abrj-78	299	7	the	the	DET
abrj-78	299	8	conclusion	conclusion	NOUN
abrj-78	299	9	of	of	ADP
abrj-78	299	10	the	the	DET
abrj-78	299	11	ho	ho	PROPN
abrj-78	299	12	test	test	NOUN
abrj-78	299	13	is	be	AUX
abrj-78	299	14	rejected	reject	VERB
abrj-78	299	15	and	and	CCONJ
abrj-78	299	16	the	the	DET
abrj-78	299	17	alternative	alternative	ADJ
abrj-78	299	18	hypothesis	hypothesis	NOUN
abrj-78	299	19	is	be	AUX
abrj-78	299	20	accepted	accept	VERB
abrj-78	299	21	.	.	PUNCT
abrj-78	300	1	this	this	PRON
abrj-78	300	2	shows	show	VERB
abrj-78	300	3	that	that	SCONJ
abrj-78	300	4	firm	firm	ADJ
abrj-78	300	5	value	value	NOUN
abrj-78	300	6	(	(	PUNCT
abrj-78	300	7	pbv	pbv	ADJ
abrj-78	300	8	)	)	PUNCT
abrj-78	300	9	moderates	moderate	VERB
abrj-78	300	10	the	the	DET
abrj-78	300	11	relationship	relationship	NOUN
abrj-78	300	12	between	between	ADP
abrj-78	300	13	return	return	NOUN
abrj-78	300	14	on	on	ADP
abrj-78	300	15	asset	asset	NOUN
abrj-78	300	16	(	(	PUNCT
abrj-78	300	17	roa	roa	PROPN
abrj-78	300	18	)	)	PUNCT
abrj-78	300	19	and	and	CCONJ
abrj-78	300	20	earning	earn	VERB
abrj-78	300	21	per	per	ADP
abrj-78	300	22	share	share	NOUN
abrj-78	300	23	(	(	PUNCT
abrj-78	300	24	eps	eps	PROPN
abrj-78	300	25	)	)	PUNCT
abrj-78	300	26	.	.	PUNCT
abrj-78	301	1	6	6	X
abrj-78	301	2	.	.	X
abrj-78	301	3	conclusions	conclusion	NOUN
abrj-78	301	4	and	and	CCONJ
abrj-78	301	5	suggestion	suggestion	NOUN
abrj-78	301	6	6.1	6.1	NUM
abrj-78	301	7	.	.	PUNCT
abrj-78	302	1	conclusion	conclusion	NOUN
abrj-78	302	2	this	this	DET
abrj-78	302	3	research	research	NOUN
abrj-78	302	4	was	be	AUX
abrj-78	302	5	conducted	conduct	VERB
abrj-78	302	6	to	to	PART
abrj-78	302	7	determine	determine	VERB
abrj-78	302	8	the	the	DET
abrj-78	302	9	effect	effect	NOUN
abrj-78	302	10	of	of	ADP
abrj-78	302	11	debt	debt	NOUN
abrj-78	302	12	to	to	ADP
abrj-78	302	13	equity	equity	NOUN
abrj-78	302	14	ratio	ratio	NOUN
abrj-78	302	15	and	and	CCONJ
abrj-78	302	16	return	return	VERB
abrj-78	302	17	on	on	ADP
abrj-78	302	18	assets	asset	NOUN
abrj-78	302	19	on	on	ADP
abrj-78	302	20	earning	earn	VERB
abrj-78	302	21	per	per	ADP
abrj-78	302	22	share	share	NOUN
abrj-78	302	23	with	with	ADP
abrj-78	302	24	firm	firm	ADJ
abrj-78	302	25	value	value	NOUN
abrj-78	302	26	as	as	ADP
abrj-78	302	27	a	a	DET
abrj-78	302	28	moderation	moderation	NOUN
abrj-78	302	29	variable	variable	NOUN
abrj-78	302	30	.	.	PUNCT
abrj-78	303	1	several	several	ADJ
abrj-78	303	2	conclusions	conclusion	NOUN
abrj-78	303	3	can	can	AUX
abrj-78	303	4	be	be	AUX
abrj-78	303	5	drawn	draw	VERB
abrj-78	303	6	in	in	ADP
abrj-78	303	7	this	this	DET
abrj-78	303	8	study	study	NOUN
abrj-78	303	9	,	,	PUNCT
abrj-78	303	10	namely	namely	ADV
abrj-78	303	11	:	:	PUNCT
abrj-78	303	12	1	1	X
abrj-78	303	13	.	.	X
abrj-78	303	14	debt	debt	NOUN
abrj-78	303	15	to	to	ADP
abrj-78	303	16	equity	equity	NOUN
abrj-78	303	17	ratio	ratio	NOUN
abrj-78	303	18	(	(	PUNCT
abrj-78	303	19	der	der	NOUN
abrj-78	303	20	)	)	PUNCT
abrj-78	303	21	has	have	VERB
abrj-78	303	22	a	a	DET
abrj-78	303	23	significant	significant	ADJ
abrj-78	303	24	effect	effect	NOUN
abrj-78	303	25	on	on	ADP
abrj-78	303	26	earning	earn	VERB
abrj-78	303	27	per	per	ADP
abrj-78	303	28	share	share	NOUN
abrj-78	303	29	.	.	PUNCT
abrj-78	304	1	this	this	PRON
abrj-78	304	2	is	be	AUX
abrj-78	304	3	supported	support	VERB
abrj-78	304	4	by	by	ADP
abrj-78	304	5	the	the	DET
abrj-78	304	6	calculation	calculation	NOUN
abrj-78	304	7	that	that	PRON
abrj-78	304	8	the	the	DET
abrj-78	304	9	t	t	PROPN
abrj-78	304	10	-	-	PUNCT
abrj-78	304	11	count	count	NOUN
abrj-78	304	12	value	value	NOUN
abrj-78	304	13	of	of	ADP
abrj-78	304	14	2.988	2.988	NUM
abrj-78	304	15	is	be	AUX
abrj-78	304	16	greater	great	ADJ
abrj-78	304	17	than	than	ADP
abrj-78	304	18	the	the	DET
abrj-78	304	19	t	t	NOUN
abrj-78	304	20	-	-	PUNCT
abrj-78	304	21	table	table	NOUN
abrj-78	304	22	of	of	ADP
abrj-78	304	23	2.036	2.036	NUM
abrj-78	304	24	.	.	PUNCT
abrj-78	305	1	because	because	SCONJ
abrj-78	305	2	the	the	DET
abrj-78	305	3	value	value	NOUN
abrj-78	305	4	of	of	ADP
abrj-78	305	5	t	t	PROPN
abrj-78	305	6	-	-	PUNCT
abrj-78	305	7	count	count	NOUN
abrj-78	305	8	>	>	X
abrj-78	305	9	t	t	PROPN
abrj-78	305	10	-	-	PUNCT
abrj-78	305	11	table	table	NOUN
abrj-78	305	12	(	(	PUNCT
abrj-78	305	13	3.047	3.047	NUM
abrj-78	305	14	>	>	SYM
abrj-78	305	15	2.036	2.036	NUM
abrj-78	305	16	)	)	PUNCT
abrj-78	305	17	,	,	PUNCT
abrj-78	305	18	ho	ho	PROPN
abrj-78	305	19	is	be	AUX
abrj-78	305	20	rejected	reject	VERB
abrj-78	305	21	and	and	CCONJ
abrj-78	305	22	the	the	DET
abrj-78	305	23	alternative	alternative	ADJ
abrj-78	305	24	hypothesis	hypothesis	NOUN
abrj-78	305	25	is	be	AUX
abrj-78	305	26	accepted	accept	VERB
abrj-78	305	27	,	,	PUNCT
abrj-78	305	28	meaning	mean	VERB
abrj-78	305	29	that	that	SCONJ
abrj-78	305	30	partially	partially	ADV
abrj-78	305	31	the	the	DET
abrj-78	305	32	debt	debt	NOUN
abrj-78	305	33	to	to	ADP
abrj-78	305	34	equity	equity	NOUN
abrj-78	305	35	ratio	ratio	NOUN
abrj-78	305	36	(	(	PUNCT
abrj-78	305	37	der	der	NOUN
abrj-78	305	38	)	)	PUNCT
abrj-78	305	39	affects	affect	VERB
abrj-78	305	40	earning	earn	VERB
abrj-78	305	41	per	per	ADP
abrj-78	305	42	share	share	NOUN
abrj-78	305	43	(	(	PUNCT
abrj-78	305	44	eps	eps	PROPN
abrj-78	305	45	)	)	PUNCT
abrj-78	305	46	.	.	PUNCT
abrj-78	306	1	t	t	PROPN
abrj-78	306	2	-	-	PUNCT
abrj-78	306	3	count	count	NOUN
abrj-78	306	4	is	be	AUX
abrj-78	306	5	positive	positive	ADJ
abrj-78	306	6	means	mean	NOUN
abrj-78	306	7	that	that	SCONJ
abrj-78	306	8	der	der	NOUN
abrj-78	306	9	has	have	AUX
abrj-78	306	10	a	a	DET
abrj-78	306	11	positive	positive	ADJ
abrj-78	306	12	effect	effect	NOUN
abrj-78	306	13	on	on	ADP
abrj-78	306	14	earning	earn	VERB
abrj-78	306	15	per	per	ADP
abrj-78	306	16	share	share	NOUN
abrj-78	306	17	(	(	PUNCT
abrj-78	306	18	eps	eps	PROPN
abrj-78	306	19	)	)	PUNCT
abrj-78	306	20	.	.	PUNCT
abrj-78	307	1	2	2	X
abrj-78	307	2	.	.	X
abrj-78	307	3	return	return	VERB
abrj-78	307	4	on	on	ADP
abrj-78	307	5	asset	asset	NOUN
abrj-78	307	6	(	(	PUNCT
abrj-78	307	7	roa	roa	NOUN
abrj-78	307	8	)	)	PUNCT
abrj-78	307	9	affects	affect	VERB
abrj-78	307	10	earning	earn	VERB
abrj-78	307	11	per	per	ADP
abrj-78	307	12	share	share	NOUN
abrj-78	307	13	(	(	PUNCT
abrj-78	307	14	eps	eps	PROPN
abrj-78	307	15	)	)	PUNCT
abrj-78	307	16	.	.	PUNCT
abrj-78	308	1	it	it	PRON
abrj-78	308	2	can	can	AUX
abrj-78	308	3	be	be	AUX
abrj-78	308	4	seen	see	VERB
abrj-78	308	5	that	that	SCONJ
abrj-78	308	6	the	the	DET
abrj-78	308	7	results	result	NOUN
abrj-78	308	8	of	of	ADP
abrj-78	308	9	the	the	DET
abrj-78	308	10	comparison	comparison	NOUN
abrj-78	308	11	between	between	ADP
abrj-78	308	12	t	t	PROPN
abrj-78	308	13	-	-	PUNCT
abrj-78	308	14	count	count	NOUN
abrj-78	308	15	and	and	CCONJ
abrj-78	308	16	t	t	NOUN
abrj-78	308	17	-	-	PUNCT
abrj-78	308	18	table	table	NOUN
abrj-78	308	19	obtained	obtain	VERB
abrj-78	308	20	3,921	3,921	NUM
abrj-78	308	21	greater	great	ADJ
abrj-78	308	22	than	than	ADP
abrj-78	308	23	t	t	NOUN
abrj-78	308	24	-	-	PUNCT
abrj-78	308	25	table	table	NOUN
abrj-78	308	26	2,036	2,036	NUM
abrj-78	308	27	.	.	PUNCT
abrj-78	309	1	because	because	SCONJ
abrj-78	309	2	the	the	DET
abrj-78	309	3	value	value	NOUN
abrj-78	309	4	of	of	ADP
abrj-78	309	5	t	t	PROPN
abrj-78	309	6	-	-	PUNCT
abrj-78	309	7	count	count	NOUN
abrj-78	309	8	>	>	X
abrj-78	309	9	t	t	PROPN
abrj-78	309	10	-	-	PUNCT
abrj-78	309	11	table	table	NOUN
abrj-78	309	12	(	(	PUNCT
abrj-78	309	13	3,921	3,921	NUM
abrj-78	309	14	>	>	SYM
abrj-78	309	15	2,036	2,036	NUM
abrj-78	309	16	)	)	PUNCT
abrj-78	309	17	,	,	PUNCT
abrj-78	309	18	ho	ho	PROPN
abrj-78	309	19	is	be	AUX
abrj-78	309	20	rejected	reject	VERB
abrj-78	309	21	and	and	CCONJ
abrj-78	309	22	the	the	DET
abrj-78	309	23	alternative	alternative	ADJ
abrj-78	309	24	hypothesis	hypothesis	NOUN
abrj-78	309	25	is	be	AUX
abrj-78	309	26	accepted	accept	VERB
abrj-78	309	27	,	,	PUNCT
abrj-78	309	28	meaning	mean	VERB
abrj-78	309	29	that	that	SCONJ
abrj-78	309	30	partially	partially	ADV
abrj-78	309	31	return	return	VERB
abrj-78	309	32	on	on	ADP
abrj-78	309	33	asset	asset	NOUN
abrj-78	309	34	(	(	PUNCT
abrj-78	309	35	roa	roa	NOUN
abrj-78	309	36	)	)	PUNCT
abrj-78	309	37	affects	affect	VERB
abrj-78	309	38	earning	earn	VERB
abrj-78	309	39	per	per	ADP
abrj-78	309	40	share	share	NOUN
abrj-78	309	41	(	(	PUNCT
abrj-78	309	42	eps	eps	PROPN
abrj-78	309	43	)	)	PUNCT
abrj-78	309	44	.	.	PUNCT
abrj-78	310	1	t	t	PROPN
abrj-78	310	2	-	-	PUNCT
abrj-78	310	3	count	count	NOUN
abrj-78	310	4	is	be	AUX
abrj-78	310	5	positive	positive	ADJ
abrj-78	310	6	means	mean	NOUN
abrj-78	310	7	that	that	SCONJ
abrj-78	310	8	return	return	VERB
abrj-78	310	9	on	on	ADP
abrj-78	310	10	assets	asset	NOUN
abrj-78	310	11	(	(	PUNCT
abrj-78	310	12	roa	roa	NOUN
abrj-78	310	13	)	)	PUNCT
abrj-78	310	14	has	have	AUX
abrj-78	310	15	a	a	DET
abrj-78	310	16	positive	positive	ADJ
abrj-78	310	17	effect	effect	NOUN
abrj-78	310	18	on	on	ADP
abrj-78	310	19	earning	earn	VERB
abrj-78	310	20	per	per	ADP
abrj-78	310	21	share	share	NOUN
abrj-78	310	22	(	(	PUNCT
abrj-78	310	23	eps	eps	PROPN
abrj-78	310	24	)	)	PUNCT
abrj-78	310	25	.	.	PUNCT
abrj-78	311	1	3	3	X
abrj-78	311	2	.	.	X
abrj-78	311	3	price	price	NOUN
abrj-78	311	4	to	to	ADP
abrj-78	311	5	book	book	NOUN
abrj-78	311	6	value	value	NOUN
abrj-78	311	7	(	(	PUNCT
abrj-78	311	8	pbv	pbv	VERB
abrj-78	311	9	)	)	PUNCT
abrj-78	311	10	as	as	ADP
abrj-78	311	11	a	a	DET
abrj-78	311	12	moderating	moderate	VERB
abrj-78	311	13	variable	variable	NOUN
abrj-78	311	14	is	be	AUX
abrj-78	311	15	proven	prove	VERB
abrj-78	311	16	to	to	PART
abrj-78	311	17	be	be	AUX
abrj-78	311	18	able	able	ADJ
abrj-78	311	19	to	to	PART
abrj-78	311	20	strengthen	strengthen	VERB
abrj-78	311	21	the	the	DET
abrj-78	311	22	effect	effect	NOUN
abrj-78	311	23	of	of	ADP
abrj-78	311	24	debt	debt	NOUN
abrj-78	311	25	to	to	ADP
abrj-78	311	26	equity	equity	NOUN
abrj-78	311	27	ratio	ratio	NOUN
abrj-78	311	28	(	(	PUNCT
abrj-78	311	29	der	der	NOUN
abrj-78	311	30	)	)	PUNCT
abrj-78	311	31	on	on	ADP
abrj-78	311	32	earning	earn	VERB
abrj-78	311	33	per	per	ADP
abrj-78	311	34	share	share	NOUN
abrj-78	311	35	.	.	PUNCT
abrj-78	312	1	this	this	DET
abrj-78	312	2	effect	effect	NOUN
abrj-78	312	3	can	can	AUX
abrj-78	312	4	be	be	AUX
abrj-78	312	5	seen	see	VERB
abrj-78	312	6	from	from	ADP
abrj-78	312	7	the	the	DET
abrj-78	312	8	results	result	NOUN
abrj-78	312	9	of	of	ADP
abrj-78	312	10	the	the	DET
abrj-78	312	11	t	t	NOUN
abrj-78	312	12	-	-	PUNCT
abrj-78	312	13	test	test	NOUN
abrj-78	312	14	where	where	SCONJ
abrj-78	312	15	the	the	DET
abrj-78	312	16	tcount	tcount	NOUN
abrj-78	312	17	value	value	NOUN
abrj-78	312	18	of	of	ADP
abrj-78	312	19	9.715	9.715	NUM
abrj-78	312	20	is	be	AUX
abrj-78	312	21	greater	great	ADJ
abrj-78	312	22	than	than	ADP
abrj-78	312	23	t	t	NOUN
abrj-78	312	24	-	-	PUNCT
abrj-78	312	25	table	table	NOUN
abrj-78	312	26	2.036	2.036	NUM
abrj-78	312	27	and	and	CCONJ
abrj-78	312	28	the	the	DET
abrj-78	312	29	significant	significant	ADJ
abrj-78	312	30	value	value	NOUN
abrj-78	312	31	of	of	ADP
abrj-78	312	32	x1x3	x1x3	PROPN
abrj-78	312	33	is	be	AUX
abrj-78	312	34	0.044	0.044	NUM
abrj-78	312	35	less	less	ADJ
abrj-78	312	36	than	than	ADP
abrj-78	312	37	alpha	alpha	NOUN
abrj-78	312	38	=	=	NOUN
abrj-78	312	39	0.05	0.05	NUM
abrj-78	312	40	,	,	PUNCT
abrj-78	312	41	so	so	SCONJ
abrj-78	312	42	the	the	DET
abrj-78	312	43	conclusion	conclusion	NOUN
abrj-78	312	44	is	be	AUX
abrj-78	312	45	that	that	SCONJ
abrj-78	312	46	the	the	DET
abrj-78	312	47	ho	ho	PROPN
abrj-78	312	48	test	test	NOUN
abrj-78	312	49	is	be	AUX
abrj-78	312	50	rejected	reject	VERB
abrj-78	312	51	and	and	CCONJ
abrj-78	312	52	the	the	DET
abrj-78	312	53	alternative	alternative	ADJ
abrj-78	312	54	hypothesis	hypothesis	NOUN
abrj-78	312	55	is	be	AUX
abrj-78	312	56	accepted	accept	VERB
abrj-78	312	57	.	.	PUNCT
abrj-78	313	1	this	this	PRON
abrj-78	313	2	shows	show	VERB
abrj-78	313	3	that	that	SCONJ
abrj-78	313	4	asian	asian	ADJ
abrj-78	313	5	business	business	NOUN
abrj-78	313	6	research	research	NOUN
abrj-78	313	7	journal	journal	NOUN
abrj-78	313	8	,	,	PUNCT
abrj-78	313	9	2020	2020	NUM
abrj-78	313	10	,	,	PUNCT
abrj-78	313	11	5	5	NUM
abrj-78	313	12	:	:	SYM
abrj-78	313	13	39	39	NUM
abrj-78	313	14	-	-	SYM
abrj-78	313	15	47	47	NUM
abrj-78	313	16	47	47	NUM
abrj-78	313	17	©	©	PROPN
abrj-78	313	18	2020	2020	NUM
abrj-78	313	19	by	by	ADP
abrj-78	313	20	the	the	DET
abrj-78	313	21	authors	author	NOUN
abrj-78	313	22	;	;	PUNCT
abrj-78	313	23	licensee	licensee	NOUN
abrj-78	313	24	eastern	eastern	ADJ
abrj-78	313	25	centre	centre	NOUN
abrj-78	313	26	of	of	ADP
abrj-78	313	27	science	science	NOUN
abrj-78	313	28	and	and	CCONJ
abrj-78	313	29	education	education	NOUN
abrj-78	313	30	,	,	PUNCT
abrj-78	313	31	usa	usa	PROPN
abrj-78	313	32	price	price	NOUN
abrj-78	313	33	to	to	ADP
abrj-78	313	34	book	book	NOUN
abrj-78	313	35	value	value	NOUN
abrj-78	313	36	(	(	PUNCT
abrj-78	313	37	pbv	pbv	VERB
abrj-78	313	38	)	)	PUNCT
abrj-78	313	39	moderates	moderate	VERB
abrj-78	313	40	the	the	DET
abrj-78	313	41	relationship	relationship	NOUN
abrj-78	313	42	of	of	ADP
abrj-78	313	43	debt	debt	NOUN
abrj-78	313	44	to	to	ADP
abrj-78	313	45	equity	equity	NOUN
abrj-78	313	46	ratio	ratio	NOUN
abrj-78	313	47	(	(	PUNCT
abrj-78	313	48	der	der	NOUN
abrj-78	313	49	)	)	PUNCT
abrj-78	313	50	to	to	ADP
abrj-78	313	51	earning	earn	VERB
abrj-78	313	52	per	per	ADP
abrj-78	313	53	share	share	NOUN
abrj-78	313	54	(	(	PUNCT
abrj-78	313	55	eps	eps	PROPN
abrj-78	313	56	)	)	PUNCT
abrj-78	313	57	.	.	PUNCT
abrj-78	314	1	4	4	X
abrj-78	314	2	.	.	X
abrj-78	314	3	price	price	NOUN
abrj-78	314	4	to	to	ADP
abrj-78	314	5	book	book	NOUN
abrj-78	314	6	value	value	NOUN
abrj-78	314	7	(	(	PUNCT
abrj-78	314	8	pbv	pbv	VERB
abrj-78	314	9	)	)	PUNCT
abrj-78	314	10	as	as	ADP
abrj-78	314	11	a	a	DET
abrj-78	314	12	moderating	moderate	VERB
abrj-78	314	13	variable	variable	NOUN
abrj-78	314	14	is	be	AUX
abrj-78	314	15	proven	prove	VERB
abrj-78	314	16	to	to	PART
abrj-78	314	17	be	be	AUX
abrj-78	314	18	able	able	ADJ
abrj-78	314	19	to	to	PART
abrj-78	314	20	strengthen	strengthen	VERB
abrj-78	314	21	the	the	DET
abrj-78	314	22	effect	effect	NOUN
abrj-78	314	23	of	of	ADP
abrj-78	314	24	return	return	NOUN
abrj-78	314	25	on	on	ADP
abrj-78	314	26	assets	asset	NOUN
abrj-78	314	27	(	(	PUNCT
abrj-78	314	28	roa	roa	NOUN
abrj-78	314	29	)	)	PUNCT
abrj-78	314	30	on	on	ADP
abrj-78	314	31	earning	earn	VERB
abrj-78	314	32	per	per	ADP
abrj-78	314	33	share	share	NOUN
abrj-78	314	34	(	(	PUNCT
abrj-78	314	35	eps	eps	PROPN
abrj-78	314	36	)	)	PUNCT
abrj-78	314	37	.	.	PUNCT
abrj-78	315	1	this	this	DET
abrj-78	315	2	influence	influence	NOUN
abrj-78	315	3	can	can	AUX
abrj-78	315	4	be	be	AUX
abrj-78	315	5	seen	see	VERB
abrj-78	315	6	by	by	ADP
abrj-78	315	7	the	the	DET
abrj-78	315	8	results	result	NOUN
abrj-78	315	9	of	of	ADP
abrj-78	315	10	the	the	DET
abrj-78	315	11	comparison	comparison	NOUN
abrj-78	315	12	of	of	ADP
abrj-78	315	13	tcount	tcount	NOUN
abrj-78	315	14	with	with	ADP
abrj-78	315	15	t	t	NOUN
abrj-78	315	16	table	table	NOUN
abrj-78	315	17	,	,	PUNCT
abrj-78	315	18	it	it	PRON
abrj-78	315	19	is	be	AUX
abrj-78	315	20	obtained	obtain	VERB
abrj-78	315	21	that	that	SCONJ
abrj-78	315	22	the	the	DET
abrj-78	315	23	t	t	NOUN
abrj-78	315	24	value	value	NOUN
abrj-78	315	25	of	of	ADP
abrj-78	315	26	2.998	2.998	NUM
abrj-78	315	27	is	be	AUX
abrj-78	315	28	greater	great	ADJ
abrj-78	315	29	than	than	ADP
abrj-78	315	30	t	t	NOUN
abrj-78	315	31	table	table	NOUN
abrj-78	315	32	of	of	ADP
abrj-78	315	33	2.036	2.036	NUM
abrj-78	315	34	and	and	CCONJ
abrj-78	315	35	the	the	DET
abrj-78	315	36	significant	significant	ADJ
abrj-78	315	37	value	value	NOUN
abrj-78	315	38	of	of	ADP
abrj-78	315	39	x2x3	x2x3	PROPN
abrj-78	315	40	of	of	ADP
abrj-78	315	41	0.001	0.001	NUM
abrj-78	315	42	is	be	AUX
abrj-78	315	43	smaller	small	ADJ
abrj-78	315	44	than	than	ADP
abrj-78	315	45	alpha	alpha	NOUN
abrj-78	315	46	=	=	NOUN
abrj-78	315	47	0.05	0.05	NUM
abrj-78	315	48	,	,	PUNCT
abrj-78	315	49	so	so	SCONJ
abrj-78	315	50	the	the	DET
abrj-78	315	51	conclusion	conclusion	NOUN
abrj-78	315	52	is	be	AUX
abrj-78	315	53	that	that	SCONJ
abrj-78	315	54	the	the	DET
abrj-78	315	55	ho	ho	PROPN
abrj-78	315	56	test	test	NOUN
abrj-78	315	57	is	be	AUX
abrj-78	315	58	rejected	reject	VERB
abrj-78	315	59	and	and	CCONJ
abrj-78	315	60	the	the	DET
abrj-78	315	61	alternative	alternative	ADJ
abrj-78	315	62	hypothesis	hypothesis	NOUN
abrj-78	315	63	is	be	AUX
abrj-78	315	64	accepted	accept	VERB
abrj-78	315	65	.	.	PUNCT
abrj-78	316	1	this	this	PRON
abrj-78	316	2	shows	show	VERB
abrj-78	316	3	that	that	SCONJ
abrj-78	316	4	price	price	NOUN
abrj-78	316	5	to	to	ADP
abrj-78	316	6	book	book	NOUN
abrj-78	316	7	value	value	NOUN
abrj-78	316	8	(	(	PUNCT
abrj-78	316	9	pbv	pbv	VERB
abrj-78	316	10	)	)	PUNCT
abrj-78	316	11	moderates	moderate	VERB
abrj-78	316	12	the	the	DET
abrj-78	316	13	relationship	relationship	NOUN
abrj-78	316	14	between	between	ADP
abrj-78	316	15	return	return	NOUN
abrj-78	316	16	on	on	ADP
abrj-78	316	17	asset	asset	NOUN
abrj-78	316	18	(	(	PUNCT
abrj-78	316	19	roa	roa	PROPN
abrj-78	316	20	)	)	PUNCT
abrj-78	316	21	and	and	CCONJ
abrj-78	316	22	earning	earn	VERB
abrj-78	316	23	per	per	ADP
abrj-78	316	24	share	share	NOUN
abrj-78	316	25	(	(	PUNCT
abrj-78	316	26	eps	eps	PROPN
abrj-78	316	27	)	)	PUNCT
abrj-78	316	28	.	.	PUNCT
abrj-78	317	1	6.2	6.2	NUM
abrj-78	317	2	.	.	PUNCT
abrj-78	317	3	suggestion	suggestion	NOUN
abrj-78	317	4	based	base	VERB
abrj-78	317	5	on	on	ADP
abrj-78	317	6	the	the	DET
abrj-78	317	7	description	description	NOUN
abrj-78	317	8	above	above	ADV
abrj-78	317	9	,	,	PUNCT
abrj-78	317	10	the	the	DET
abrj-78	317	11	suggestions	suggestion	NOUN
abrj-78	317	12	that	that	SCONJ
abrj-78	317	13	the	the	DET
abrj-78	317	14	author	author	NOUN
abrj-78	317	15	can	can	AUX
abrj-78	317	16	put	put	VERB
abrj-78	317	17	forth	forth	ADP
abrj-78	317	18	here	here	ADV
abrj-78	317	19	are	be	AUX
abrj-78	317	20	as	as	SCONJ
abrj-78	317	21	follows	follow	VERB
abrj-78	317	22	:	:	PUNCT
abrj-78	317	23	1	1	X
abrj-78	317	24	.	.	X
abrj-78	317	25	investors	investor	NOUN
abrj-78	317	26	in	in	ADP
abrj-78	317	27	making	make	VERB
abrj-78	317	28	decisions	decision	NOUN
abrj-78	317	29	to	to	PART
abrj-78	317	30	buy	buy	VERB
abrj-78	317	31	shares	share	NOUN
abrj-78	317	32	in	in	ADP
abrj-78	317	33	the	the	DET
abrj-78	317	34	capital	capital	NOUN
abrj-78	317	35	market	market	NOUN
abrj-78	317	36	should	should	AUX
abrj-78	317	37	pay	pay	VERB
abrj-78	317	38	more	more	ADJ
abrj-78	317	39	attention	attention	NOUN
abrj-78	317	40	to	to	ADP
abrj-78	317	41	fundamental	fundamental	ADJ
abrj-78	317	42	variables	variable	NOUN
abrj-78	317	43	,	,	PUNCT
abrj-78	317	44	especially	especially	ADV
abrj-78	317	45	the	the	DET
abrj-78	317	46	debt	debt	NOUN
abrj-78	317	47	to	to	ADP
abrj-78	317	48	equity	equity	NOUN
abrj-78	317	49	ratio	ratio	NOUN
abrj-78	317	50	(	(	PUNCT
abrj-78	317	51	der	der	NOUN
abrj-78	317	52	)	)	PUNCT
abrj-78	317	53	and	and	CCONJ
abrj-78	317	54	return	return	VERB
abrj-78	317	55	on	on	ADP
abrj-78	317	56	asset	asset	NOUN
abrj-78	317	57	(	(	PUNCT
abrj-78	317	58	roa	roa	NOUN
abrj-78	317	59	)	)	PUNCT
abrj-78	317	60	variables	variable	NOUN
abrj-78	317	61	because	because	SCONJ
abrj-78	317	62	these	these	DET
abrj-78	317	63	variables	variable	NOUN
abrj-78	317	64	have	have	VERB
abrj-78	317	65	a	a	DET
abrj-78	317	66	significant	significant	ADJ
abrj-78	317	67	effect	effect	NOUN
abrj-78	317	68	on	on	ADP
abrj-78	317	69	earning	earn	VERB
abrj-78	317	70	per	per	ADP
abrj-78	317	71	share	share	NOUN
abrj-78	317	72	(	(	PUNCT
abrj-78	317	73	eps	eps	PROPN
abrj-78	317	74	)	)	PUNCT
abrj-78	317	75	.	.	PUNCT
abrj-78	318	1	apart	apart	ADV
abrj-78	318	2	from	from	ADP
abrj-78	318	3	that	that	PRON
abrj-78	318	4	,	,	PUNCT
abrj-78	318	5	investors	investor	NOUN
abrj-78	318	6	should	should	AUX
abrj-78	318	7	also	also	ADV
abrj-78	318	8	consider	consider	VERB
abrj-78	318	9	external	external	ADJ
abrj-78	318	10	factors	factor	NOUN
abrj-78	318	11	such	such	ADJ
abrj-78	318	12	as	as	ADP
abrj-78	318	13	exchange	exchange	NOUN
abrj-78	318	14	rates	rate	NOUN
abrj-78	318	15	,	,	PUNCT
abrj-78	318	16	because	because	SCONJ
abrj-78	318	17	this	this	PRON
abrj-78	318	18	will	will	AUX
abrj-78	318	19	indirectly	indirectly	ADV
abrj-78	318	20	affect	affect	VERB
abrj-78	318	21	the	the	DET
abrj-78	318	22	profits	profit	NOUN
abrj-78	318	23	earned	earn	VERB
abrj-78	318	24	in	in	ADP
abrj-78	318	25	investing	investing	NOUN
abrj-78	318	26	.	.	PUNCT
abrj-78	319	1	2	2	X
abrj-78	319	2	.	.	X
abrj-78	319	3	companies	company	NOUN
abrj-78	319	4	listed	list	VERB
abrj-78	319	5	on	on	ADP
abrj-78	319	6	the	the	DET
abrj-78	319	7	indonesia	indonesia	PROPN
abrj-78	319	8	stock	stock	PROPN
abrj-78	319	9	exchange	exchange	PROPN
abrj-78	319	10	(	(	PUNCT
abrj-78	319	11	idx	idx	PROPN
abrj-78	319	12	)	)	PUNCT
abrj-78	319	13	are	be	AUX
abrj-78	319	14	expected	expect	VERB
abrj-78	319	15	to	to	PART
abrj-78	319	16	improve	improve	VERB
abrj-78	319	17	company	company	NOUN
abrj-78	319	18	performance	performance	NOUN
abrj-78	319	19	each	each	DET
abrj-78	319	20	year	year	NOUN
abrj-78	319	21	and	and	CCONJ
abrj-78	319	22	provide	provide	VERB
abrj-78	319	23	real	real	ADJ
abrj-78	319	24	and	and	CCONJ
abrj-78	319	25	complete	complete	ADJ
abrj-78	319	26	financial	financial	ADJ
abrj-78	319	27	reports	report	NOUN
abrj-78	319	28	to	to	PART
abrj-78	319	29	attract	attract	VERB
abrj-78	319	30	investors	investor	NOUN
abrj-78	319	31	,	,	PUNCT
abrj-78	319	32	thereby	thereby	ADV
abrj-78	319	33	making	make	VERB
abrj-78	319	34	it	it	PRON
abrj-78	319	35	easier	easy	ADJ
abrj-78	319	36	to	to	PART
abrj-78	319	37	obtain	obtain	VERB
abrj-78	319	38	capital	capital	NOUN
abrj-78	319	39	from	from	ADP
abrj-78	319	40	outside	outside	ADP
abrj-78	319	41	the	the	DET
abrj-78	319	42	company	company	NOUN
abrj-78	319	43	.	.	PUNCT
abrj-78	320	1	3	3	X
abrj-78	320	2	.	.	X
abrj-78	320	3	for	for	ADP
abrj-78	320	4	further	further	ADJ
abrj-78	320	5	researchers	researcher	NOUN
abrj-78	320	6	,	,	PUNCT
abrj-78	320	7	it	it	PRON
abrj-78	320	8	is	be	AUX
abrj-78	320	9	better	well	ADJ
abrj-78	320	10	to	to	PART
abrj-78	320	11	use	use	VERB
abrj-78	320	12	a	a	DET
abrj-78	320	13	broader	broad	ADJ
abrj-78	320	14	object	object	NOUN
abrj-78	320	15	,	,	PUNCT
abrj-78	320	16	not	not	PART
abrj-78	320	17	only	only	ADV
abrj-78	320	18	for	for	ADP
abrj-78	320	19	various	various	ADJ
abrj-78	320	20	industrial	industrial	ADJ
abrj-78	320	21	sub	sub	ADJ
abrj-78	320	22	-	-	ADJ
abrj-78	320	23	sector	sector	ADJ
abrj-78	320	24	manufacturing	manufacturing	NOUN
abrj-78	320	25	companies	company	NOUN
abrj-78	320	26	that	that	PRON
abrj-78	320	27	are	be	AUX
abrj-78	320	28	listed	list	VERB
abrj-78	320	29	on	on	ADP
abrj-78	320	30	the	the	DET
abrj-78	320	31	indonesia	indonesia	PROPN
abrj-78	320	32	stock	stock	PROPN
abrj-78	320	33	exchange	exchange	PROPN
abrj-78	320	34	but	but	CCONJ
abrj-78	320	35	also	also	ADV
abrj-78	320	36	in	in	ADP
abrj-78	320	37	other	other	ADJ
abrj-78	320	38	companies	company	NOUN
abrj-78	320	39	.	.	PUNCT
abrj-78	321	1	further	further	ADJ
abrj-78	321	2	researchers	researcher	NOUN
abrj-78	321	3	also	also	ADV
abrj-78	321	4	need	need	VERB
abrj-78	321	5	to	to	PART
abrj-78	321	6	add	add	VERB
abrj-78	321	7	a	a	DET
abrj-78	321	8	longer	long	ADJ
abrj-78	321	9	research	research	NOUN
abrj-78	321	10	period	period	NOUN
abrj-78	321	11	and	and	CCONJ
abrj-78	321	12	add	add	VERB
abrj-78	321	13	one	one	NUM
abrj-78	321	14	or	or	CCONJ
abrj-78	321	15	two	two	NUM
abrj-78	321	16	variables	variable	NOUN
abrj-78	321	17	that	that	PRON
abrj-78	321	18	affect	affect	VERB
abrj-78	321	19	earning	earn	VERB
abrj-78	321	20	per	per	ADP
abrj-78	321	21	share	share	NOUN
abrj-78	321	22	so	so	SCONJ
abrj-78	321	23	that	that	SCONJ
abrj-78	321	24	the	the	DET
abrj-78	321	25	results	result	NOUN
abrj-78	321	26	can	can	AUX
abrj-78	321	27	be	be	AUX
abrj-78	321	28	more	more	ADV
abrj-78	321	29	precise	precise	ADJ
abrj-78	321	30	and	and	CCONJ
abrj-78	321	31	accurate	accurate	ADJ
abrj-78	321	32	.	.	PUNCT
abrj-78	322	1	references	reference	NOUN
abrj-78	322	2	brigham	brigham	PROPN
abrj-78	322	3	,	,	PUNCT
abrj-78	322	4	e.	e.	PROPN
abrj-78	322	5	f.	f.	PROPN
abrj-78	322	6	,	,	PUNCT
abrj-78	322	7	&	&	CCONJ
abrj-78	322	8	houston	houston	PROPN
abrj-78	322	9	,	,	PUNCT
abrj-78	322	10	j.	j.	PROPN
abrj-78	322	11	f.	f.	PROPN
abrj-78	322	12	(	(	PUNCT
abrj-78	322	13	2010	2010	NUM
abrj-78	322	14	)	)	PUNCT
abrj-78	322	15	.	.	PUNCT
abrj-78	323	1	fundamentals	fundamental	NOUN
abrj-78	323	2	of	of	ADP
abrj-78	323	3	financial	financial	ADJ
abrj-78	323	4	management	management	NOUN
abrj-78	323	5	(	(	PUNCT
abrj-78	323	6	11th	11th	ADJ
abrj-78	323	7	ed	ed	NOUN
abrj-78	323	8	.	.	PUNCT
abrj-78	323	9	)	)	PUNCT
abrj-78	323	10	.	.	PUNCT
abrj-78	324	1	jakarta	jakarta	PROPN
abrj-78	324	2	:	:	PUNCT
abrj-78	324	3	salemba	salemba	PROPN
abrj-78	324	4	empat	empat	PROPN
abrj-78	324	5	.	.	PUNCT
abrj-78	325	1	darmadji	darmadji	PROPN
abrj-78	325	2	,	,	PUNCT
abrj-78	325	3	t.	t.	PROPN
abrj-78	325	4	,	,	PUNCT
abrj-78	325	5	&	&	CCONJ
abrj-78	325	6	fakhruddin	fakhruddin	PROPN
abrj-78	325	7	.	.	PUNCT
abrj-78	326	1	(	(	PUNCT
abrj-78	326	2	2012	2012	NUM
abrj-78	326	3	)	)	PUNCT
abrj-78	326	4	.	.	PUNCT
abrj-78	327	1	capital	capital	NOUN
abrj-78	327	2	market	market	NOUN
abrj-78	327	3	in	in	ADP
abrj-78	327	4	indonesia	indonesia	PROPN
abrj-78	327	5	(	(	PUNCT
abrj-78	327	6	3rd	3rd	PROPN
abrj-78	327	7	ed	ed	NOUN
abrj-78	327	8	.	.	PUNCT
abrj-78	327	9	)	)	PUNCT
abrj-78	327	10	.	.	PUNCT
abrj-78	328	1	jakarta	jakarta	PROPN
abrj-78	328	2	:	:	PUNCT
abrj-78	328	3	four	four	NUM
abrj-78	328	4	salemba	salemba	NOUN
abrj-78	328	5	.	.	PUNCT
abrj-78	328	6	darsono	darsono	PROPN
abrj-78	328	7	,	,	PUNCT
abrj-78	328	8	&	&	CCONJ
abrj-78	328	9	ashari	ashari	PROPN
abrj-78	328	10	.	.	PUNCT
abrj-78	329	1	(	(	PUNCT
abrj-78	329	2	2010	2010	NUM
abrj-78	329	3	)	)	PUNCT
abrj-78	329	4	.	.	PUNCT
abrj-78	330	1	practical	practical	ADJ
abrj-78	330	2	guidelines	guideline	NOUN
abrj-78	330	3	for	for	ADP
abrj-78	330	4	understanding	understand	VERB
abrj-78	330	5	financial	financial	ADJ
abrj-78	330	6	statements	statement	NOUN
abrj-78	330	7	.	.	PUNCT
abrj-78	331	1	yogyakarta	yogyakarta	PROPN
abrj-78	331	2	:	:	PUNCT
abrj-78	331	3	publisher	publisher	PROPN
abrj-78	331	4	andi	andi	PROPN
abrj-78	331	5	.	.	PUNCT
abrj-78	332	1	fahmi	fahmi	PROPN
abrj-78	332	2	.	.	PUNCT
abrj-78	333	1	(	(	PUNCT
abrj-78	333	2	2015	2015	NUM
abrj-78	333	3	)	)	PUNCT
abrj-78	333	4	.	.	PUNCT
abrj-78	334	1	introduction	introduction	NOUN
abrj-78	334	2	to	to	ADP
abrj-78	334	3	financial	financial	ADJ
abrj-78	334	4	management	management	NOUN
abrj-78	334	5	(	(	PUNCT
abrj-78	334	6	4th	4th	ADJ
abrj-78	334	7	ed	ed	NOUN
abrj-78	334	8	.	.	PUNCT
abrj-78	334	9	)	)	PUNCT
abrj-78	334	10	.	.	PUNCT
abrj-78	335	1	bandung	bandung	PROPN
abrj-78	335	2	:	:	PUNCT
abrj-78	335	3	alfabeta	alfabeta	PROPN
abrj-78	335	4	.	.	PUNCT
abrj-78	336	1	fahmi	fahmi	PROPN
abrj-78	336	2	,	,	PUNCT
abrj-78	336	3	i.	i.	PROPN
abrj-78	336	4	(	(	PUNCT
abrj-78	336	5	2012	2012	NUM
abrj-78	336	6	)	)	PUNCT
abrj-78	336	7	.	.	PUNCT
abrj-78	337	1	financial	financial	ADJ
abrj-78	337	2	performance	performance	NOUN
abrj-78	337	3	analysis	analysis	NOUN
abrj-78	337	4	.	.	PUNCT
abrj-78	338	1	bandung	bandung	NOUN
abrj-78	338	2	:	:	PUNCT
abrj-78	338	3	alfabeta	alfabeta	PROPN
abrj-78	338	4	.	.	PUNCT
abrj-78	339	1	fahmi	fahmi	PROPN
abrj-78	339	2	,	,	PUNCT
abrj-78	339	3	i.	i.	PROPN
abrj-78	339	4	(	(	PUNCT
abrj-78	339	5	2011	2011	NUM
abrj-78	339	6	)	)	PUNCT
abrj-78	339	7	.	.	PUNCT
abrj-78	340	1	accounting	accounting	NOUN
abrj-78	340	2	report	report	NOUN
abrj-78	340	3	analysis	analysis	NOUN
abrj-78	340	4	.	.	PUNCT
abrj-78	341	1	bandung	bandung	NOUN
abrj-78	341	2	:	:	PUNCT
abrj-78	342	1	alfabeta	alfabeta	PROPN
abrj-78	342	2	.	.	PUNCT
abrj-78	343	1	horne	horne	PROPN
abrj-78	343	2	,	,	PUNCT
abrj-78	343	3	j.	j.	PROPN
abrj-78	343	4	c.	c.	PROPN
abrj-78	343	5	v.	v.	PROPN
abrj-78	343	6	,	,	PUNCT
abrj-78	343	7	&	&	CCONJ
abrj-78	343	8	wachowicz	wachowicz	PROPN
abrj-78	343	9	,	,	PUNCT
abrj-78	343	10	j.	j.	PROPN
abrj-78	343	11	j.	j.	PROPN
abrj-78	343	12	m.	m.	PROPN
abrj-78	343	13	(	(	PUNCT
abrj-78	343	14	2012	2012	NUM
abrj-78	343	15	)	)	PUNCT
abrj-78	343	16	.	.	PUNCT
abrj-78	344	1	principles	principle	NOUN
abrj-78	344	2	of	of	ADP
abrj-78	344	3	financial	financial	ADJ
abrj-78	344	4	management	management	NOUN
abrj-78	344	5	(	(	PUNCT
abrj-78	344	6	13th	13th	NOUN
abrj-78	344	7	ed	ed	NOUN
abrj-78	344	8	.	.	PUNCT
abrj-78	344	9	)	)	PUNCT
abrj-78	344	10	.	.	PUNCT
abrj-78	345	1	jakarta	jakarta	PROPN
abrj-78	345	2	:	:	PUNCT
abrj-78	345	3	salemba	salemba	PROPN
abrj-78	345	4	empat	empat	PROPN
abrj-78	345	5	.	.	PUNCT
abrj-78	346	1	kasmir	kasmir	PROPN
abrj-78	346	2	.	.	PUNCT
abrj-78	347	1	(	(	PUNCT
abrj-78	347	2	2014	2014	NUM
abrj-78	347	3	)	)	PUNCT
abrj-78	347	4	.	.	PUNCT
abrj-78	348	1	financial	financial	ADJ
abrj-78	348	2	statement	statement	NOUN
abrj-78	348	3	analysis	analysis	NOUN
abrj-78	348	4	(	(	PUNCT
abrj-78	348	5	1st	1st	ADJ
abrj-78	348	6	ed	ed	NOUN
abrj-78	348	7	.	.	PUNCT
abrj-78	348	8	)	)	PUNCT
abrj-78	348	9	.	.	PUNCT
abrj-78	349	1	jakarta	jakarta	PROPN
abrj-78	349	2	:	:	PUNCT
abrj-78	349	3	pt	pt	PROPN
abrj-78	349	4	.	.	PROPN
abrj-78	349	5	rajagrafindo	rajagrafindo	PROPN
abrj-78	349	6	persada	persada	PROPN
abrj-78	349	7	.	.	PUNCT
abrj-78	350	1	kasmir	kasmir	PROPN
abrj-78	350	2	.	.	PUNCT
abrj-78	351	1	(	(	PUNCT
abrj-78	351	2	2016	2016	NUM
abrj-78	351	3	)	)	PUNCT
abrj-78	351	4	.	.	PUNCT
abrj-78	352	1	financial	financial	ADJ
abrj-78	352	2	statement	statement	NOUN
abrj-78	352	3	analysis	analysis	NOUN
abrj-78	352	4	.	.	PUNCT
abrj-78	353	1	jakarta	jakarta	PROPN
abrj-78	353	2	:	:	PUNCT
abrj-78	353	3	raja	raja	PROPN
abrj-78	353	4	grafindo	grafindo	PROPN
abrj-78	353	5	persada	persada	PROPN
abrj-78	353	6	.	.	PUNCT
abrj-78	354	1	kasmir	kasmir	PROPN
abrj-78	354	2	.	.	PUNCT
abrj-78	355	1	(	(	PUNCT
abrj-78	355	2	2012	2012	NUM
abrj-78	355	3	)	)	PUNCT
abrj-78	355	4	.	.	PUNCT
abrj-78	356	1	financial	financial	ADJ
abrj-78	356	2	statement	statement	NOUN
abrj-78	356	3	analysis	analysis	NOUN
abrj-78	356	4	.	.	PUNCT
abrj-78	357	1	jakarta	jakarta	PROPN
abrj-78	357	2	:	:	PUNCT
abrj-78	357	3	pt	pt	PROPN
abrj-78	357	4	.	.	PROPN
abrj-78	357	5	raja	raja	PROPN
abrj-78	357	6	grafindo	grafindo	PROPN
abrj-78	357	7	persada	persada	PROPN
abrj-78	357	8	.	.	PUNCT
abrj-78	358	1	kukuh	kukuh	PROPN
abrj-78	358	2	.	.	PUNCT
abrj-78	359	1	(	(	PUNCT
abrj-78	359	2	2015	2015	NUM
abrj-78	359	3	)	)	PUNCT
abrj-78	359	4	.	.	PUNCT
abrj-78	360	1	effect	effect	NOUN
abrj-78	360	2	of	of	ADP
abrj-78	360	3	earning	earn	VERB
abrj-78	360	4	per	per	ADP
abrj-78	360	5	share	share	NOUN
abrj-78	360	6	,	,	PUNCT
abrj-78	360	7	capital	capital	NOUN
abrj-78	360	8	structure	structure	NOUN
abrj-78	360	9	,	,	PUNCT
abrj-78	360	10	return	return	VERB
abrj-78	360	11	on	on	ADP
abrj-78	360	12	equity	equity	NOUN
abrj-78	360	13	and	and	CCONJ
abrj-78	360	14	company	company	NOUN
abrj-78	360	15	size	size	NOUN
abrj-78	360	16	on	on	ADP
abrj-78	360	17	firm	firm	ADJ
abrj-78	360	18	value	value	NOUN
abrj-78	360	19	in	in	ADP
abrj-78	360	20	manufacturing	manufacturing	NOUN
abrj-78	360	21	companies	company	NOUN
abrj-78	360	22	listed	list	VERB
abrj-78	360	23	on	on	ADP
abrj-78	360	24	the	the	DET
abrj-78	360	25	indonesia	indonesia	PROPN
abrj-78	360	26	stock	stock	PROPN
abrj-78	360	27	exchange	exchange	PROPN
abrj-78	360	28	.	.	PUNCT
abrj-78	361	1	essay	essay	NOUN
abrj-78	361	2	.	.	PUNCT
abrj-78	362	1	thesis	thesis	NOUN
abrj-78	362	2	.	.	PUNCT
abrj-78	363	1	yogyakarta	yogyakarta	PROPN
abrj-78	363	2	state	state	PROPN
abrj-78	363	3	university	university	PROPN
abrj-78	363	4	.	.	PUNCT
abrj-78	364	1	lukman	lukman	PROPN
abrj-78	364	2	,	,	PUNCT
abrj-78	364	3	&	&	CCONJ
abrj-78	364	4	solihin	solihin	PROPN
abrj-78	364	5	.	.	PUNCT
abrj-78	365	1	(	(	PUNCT
abrj-78	365	2	2018	2018	NUM
abrj-78	365	3	)	)	PUNCT
abrj-78	365	4	.	.	PUNCT
abrj-78	366	1	the	the	DET
abrj-78	366	2	effect	effect	NOUN
abrj-78	366	3	of	of	ADP
abrj-78	366	4	economic	economic	ADJ
abrj-78	366	5	value	value	NOUN
abrj-78	366	6	added	add	VERB
abrj-78	366	7	,	,	PUNCT
abrj-78	366	8	financial	financial	ADJ
abrj-78	366	9	leverage	leverage	NOUN
abrj-78	366	10	and	and	CCONJ
abrj-78	366	11	profitability	profitability	NOUN
abrj-78	366	12	on	on	ADP
abrj-78	366	13	the	the	DET
abrj-78	366	14	stock	stock	NOUN
abrj-78	366	15	price	price	NOUN
abrj-78	366	16	of	of	ADP
abrj-78	366	17	pt	pt	PROPN
abrj-78	366	18	.	.	PROPN
abrj-78	366	19	summarecon	summarecon	PROPN
abrj-78	366	20	agung	agung	PROPN
abrj-78	366	21	tbk	tbk	PROPN
abrj-78	366	22	.	.	PROPN
abrj-78	367	1	journal	journal	PROPN
abrj-78	367	2	of	of	ADP
abrj-78	367	3	economics	economic	NOUN
abrj-78	367	4	.	.	PUNCT
abrj-78	368	1	faculty	faculty	NOUN
abrj-78	368	2	of	of	ADP
abrj-78	368	3	economics	economic	NOUN
abrj-78	368	4	.	.	PUNCT
abrj-78	369	1	brobodur	brobodur	PROPN
abrj-78	369	2	university	university	PROPN
abrj-78	369	3	jakarta	jakarta	PROPN
abrj-78	369	4	,	,	PUNCT
abrj-78	369	5	20(2	20(2	NUM
abrj-78	369	6	)	)	PUNCT
abrj-78	369	7	,	,	PUNCT
abrj-78	369	8	147	147	NUM
abrj-78	369	9	-	-	SYM
abrj-78	369	10	159	159	NUM
abrj-78	369	11	.	.	PUNCT
abrj-78	370	1	mardiasari	mardiasari	NOUN
abrj-78	370	2	,	,	PUNCT
abrj-78	370	3	n.	n.	NOUN
abrj-78	370	4	(	(	PUNCT
abrj-78	370	5	2012	2012	NUM
abrj-78	370	6	)	)	PUNCT
abrj-78	370	7	.	.	PUNCT
abrj-78	371	1	the	the	DET
abrj-78	371	2	effect	effect	NOUN
abrj-78	371	3	of	of	ADP
abrj-78	371	4	return	return	NOUN
abrj-78	371	5	on	on	ADP
abrj-78	371	6	assets	asset	NOUN
abrj-78	371	7	on	on	ADP
abrj-78	371	8	company	company	NOUN
abrj-78	371	9	value	value	NOUN
abrj-78	371	10	with	with	ADP
abrj-78	371	11	good	good	ADJ
abrj-78	371	12	corporate	corporate	ADJ
abrj-78	371	13	governance	governance	NOUN
abrj-78	371	14	as	as	ADP
abrj-78	371	15	a	a	DET
abrj-78	371	16	moderating	moderate	VERB
abrj-78	371	17	variable	variable	NOUN
abrj-78	371	18	.	.	PUNCT
abrj-78	372	1	thesis	thesis	NOUN
abrj-78	372	2	.	.	PUNCT
abrj-78	373	1	yogyakarta	yogyakarta	PROPN
abrj-78	373	2	islamic	islamic	PROPN
abrj-78	373	3	university	university	PROPN
abrj-78	373	4	.	.	PUNCT
abrj-78	374	1	mardiyanti	mardiyanti	AUX
abrj-78	374	2	.	.	PUNCT
abrj-78	375	1	(	(	PUNCT
abrj-78	375	2	2012	2012	NUM
abrj-78	375	3	)	)	PUNCT
abrj-78	375	4	.	.	PUNCT
abrj-78	376	1	the	the	DET
abrj-78	376	2	effect	effect	NOUN
abrj-78	376	3	of	of	ADP
abrj-78	376	4	dividend	dividend	NOUN
abrj-78	376	5	policy	policy	NOUN
abrj-78	376	6	,	,	PUNCT
abrj-78	376	7	debt	debt	NOUN
abrj-78	376	8	policy	policy	NOUN
abrj-78	376	9	and	and	CCONJ
abrj-78	376	10	profitability	profitability	NOUN
abrj-78	376	11	on	on	ADP
abrj-78	376	12	the	the	DET
abrj-78	376	13	value	value	NOUN
abrj-78	376	14	of	of	ADP
abrj-78	376	15	manufacturing	manufacturing	NOUN
abrj-78	376	16	firms	firm	NOUN
abrj-78	376	17	.	.	PUNCT
abrj-78	377	1	indonesian	indonesian	ADJ
abrj-78	377	2	science	science	PROPN
abrj-78	377	3	management	management	PROPN
abrj-78	377	4	research	research	NOUN
abrj-78	377	5	journal	journal	NOUN
abrj-78	377	6	,	,	PUNCT
abrj-78	377	7	3(1	3(1	NUM
abrj-78	377	8	)	)	PUNCT
abrj-78	377	9	,	,	PUNCT
abrj-78	377	10	1	1	NUM
abrj-78	377	11	-	-	SYM
abrj-78	377	12	17	17	NUM
abrj-78	377	13	.	.	PUNCT
abrj-78	378	1	perdana	perdana	PROPN
abrj-78	378	2	,	,	PUNCT
abrj-78	378	3	s.	s.	PROPN
abrj-78	378	4	(	(	PUNCT
abrj-78	378	5	2012	2012	NUM
abrj-78	378	6	)	)	PUNCT
abrj-78	378	7	.	.	PUNCT
abrj-78	379	1	the	the	DET
abrj-78	379	2	effect	effect	NOUN
abrj-78	379	3	of	of	ADP
abrj-78	379	4	long	long	ADJ
abrj-78	379	5	-	-	PUNCT
abrj-78	379	6	term	term	NOUN
abrj-78	379	7	debt	debt	NOUN
abrj-78	379	8	policy	policy	NOUN
abrj-78	379	9	and	and	CCONJ
abrj-78	379	10	dividend	dividend	NOUN
abrj-78	379	11	policy	policy	NOUN
abrj-78	379	12	on	on	ADP
abrj-78	379	13	firm	firm	ADJ
abrj-78	379	14	value	value	NOUN
abrj-78	379	15	,	,	PUNCT
abrj-78	379	16	scientific	scientific	ADJ
abrj-78	379	17	article	article	NOUN
abrj-78	379	18	.	.	PUNCT
abrj-78	380	1	surabaya	surabaya	PROPN
abrj-78	380	2	:	:	PUNCT
abrj-78	380	3	perbanas	perbanas	PROPN
abrj-78	380	4	college	college	PROPN
abrj-78	380	5	of	of	ADP
abrj-78	380	6	economics	economic	NOUN
abrj-78	380	7	.	.	PUNCT
abrj-78	381	1	rahardjo	rahardjo	PROPN
abrj-78	381	2	,	,	PUNCT
abrj-78	381	3	b.	b.	PROPN
abrj-78	381	4	(	(	PUNCT
abrj-78	381	5	2009	2009	NUM
abrj-78	381	6	)	)	PUNCT
abrj-78	381	7	.	.	PUNCT
abrj-78	382	1	basics	basic	NOUN
abrj-78	382	2	of	of	ADP
abrj-78	382	3	fundamental	fundamental	ADJ
abrj-78	382	4	analysis	analysis	NOUN
abrj-78	382	5	of	of	ADP
abrj-78	382	6	company	company	NOUN
abrj-78	382	7	financial	financial	ADJ
abrj-78	382	8	statements	statement	NOUN
abrj-78	382	9	:	:	PUNCT
abrj-78	382	10	gajah	gajah	PROPN
abrj-78	382	11	mada	mada	PROPN
abrj-78	382	12	university	university	PROPN
abrj-78	382	13	press	press	NOUN
abrj-78	382	14	.	.	PUNCT
abrj-78	383	1	retnowati	retnowati	PROPN
abrj-78	383	2	,	,	PUNCT
abrj-78	383	3	n.	n.	PROPN
abrj-78	383	4	(	(	PUNCT
abrj-78	383	5	2012	2012	NUM
abrj-78	383	6	)	)	PUNCT
abrj-78	383	7	.	.	PUNCT
abrj-78	384	1	compensation	compensation	NOUN
abrj-78	384	2	management	management	NOUN
abrj-78	384	3	.	.	PUNCT
abrj-78	385	1	bandung	bandung	PROPN
abrj-78	385	2	:	:	PUNCT
abrj-78	385	3	karya	karya	PROPN
abrj-78	385	4	putra	putra	PROPN
abrj-78	385	5	darwati	darwati	PROPN
abrj-78	385	6	.	.	PUNCT
abrj-78	386	1	simatupang	simatupang	PROPN
abrj-78	386	2	,	,	PUNCT
abrj-78	386	3	m.	m.	NOUN
abrj-78	386	4	(	(	PUNCT
abrj-78	386	5	2010	2010	NUM
abrj-78	386	6	)	)	PUNCT
abrj-78	386	7	.	.	PUNCT
abrj-78	387	1	practical	practical	ADJ
abrj-78	387	2	knowledge	knowledge	NOUN
abrj-78	387	3	of	of	ADP
abrj-78	387	4	stock	stock	NOUN
abrj-78	387	5	investments	investment	NOUN
abrj-78	387	6	and	and	CCONJ
abrj-78	387	7	mutual	mutual	ADJ
abrj-78	387	8	funds	fund	NOUN
abrj-78	387	9	.	.	PUNCT
abrj-78	388	1	jakarta	jakarta	PROPN
abrj-78	388	2	:	:	PUNCT
abrj-78	388	3	media	medium	NOUN
abrj-78	388	4	discourse	discourse	NOUN
abrj-78	388	5	partners	partner	NOUN
abrj-78	388	6	.	.	PUNCT
abrj-78	389	1	sugiyono	sugiyono	PROPN
abrj-78	389	2	.	.	PUNCT
abrj-78	390	1	(	(	PUNCT
abrj-78	390	2	2009	2009	NUM
abrj-78	390	3	)	)	PUNCT
abrj-78	390	4	.	.	PUNCT
abrj-78	391	1	quantitative	quantitative	ADJ
abrj-78	391	2	research	research	NOUN
abrj-78	391	3	methods	method	NOUN
abrj-78	391	4	,	,	PUNCT
abrj-78	391	5	qualitative	qualitative	NOUN
abrj-78	391	6	and	and	CCONJ
abrj-78	391	7	r	r	PROPN
abrj-78	391	8	&	&	CCONJ
abrj-78	391	9	d.	d.	PROPN
abrj-78	391	10	bandung	bandung	PROPN
abrj-78	391	11	:	:	PUNCT
abrj-78	391	12	alfabeta	alfabeta	PROPN
abrj-78	391	13	.	.	PUNCT
abrj-78	392	1	tandelilin	tandelilin	PROPN
abrj-78	392	2	,	,	PUNCT
abrj-78	392	3	e.	e.	PROPN
abrj-78	392	4	(	(	PUNCT
abrj-78	392	5	2010	2010	NUM
abrj-78	392	6	)	)	PUNCT
abrj-78	392	7	.	.	PUNCT
abrj-78	393	1	portfolios	portfolio	NOUN
abrj-78	393	2	and	and	CCONJ
abrj-78	393	3	investments	investment	NOUN
abrj-78	393	4	:	:	PUNCT
abrj-78	393	5	theory	theory	NOUN
abrj-78	393	6	and	and	CCONJ
abrj-78	393	7	applications	application	NOUN
abrj-78	393	8	(	(	PUNCT
abrj-78	393	9	1st	1st	ADJ
abrj-78	393	10	ed	ed	NOUN
abrj-78	393	11	.	.	PUNCT
abrj-78	393	12	)	)	PUNCT
abrj-78	393	13	.	.	PUNCT
abrj-78	394	1	yogyakarta	yogyakarta	PROPN
abrj-78	394	2	:	:	PUNCT
abrj-78	395	1	kanisius	kanisius	PROPN
abrj-78	395	2	.	.	PUNCT
abrj-78	396	1	watung	watung	PROPN
abrj-78	396	2	,	,	PUNCT
abrj-78	396	3	r.	r.	PROPN
abrj-78	396	4	,	,	PUNCT
abrj-78	396	5	&	&	CCONJ
abrj-78	396	6	ilat	ilat	PROPN
abrj-78	396	7	,	,	PUNCT
abrj-78	396	8	v.	v.	PROPN
abrj-78	396	9	(	(	PUNCT
abrj-78	396	10	2015	2015	NUM
abrj-78	396	11	)	)	PUNCT
abrj-78	396	12	.	.	PUNCT
abrj-78	397	1	the	the	DET
abrj-78	397	2	effect	effect	NOUN
abrj-78	397	3	of	of	ADP
abrj-78	397	4	return	return	NOUN
abrj-78	397	5	on	on	ADP
abrj-78	397	6	assets	asset	NOUN
abrj-78	397	7	(	(	PUNCT
abrj-78	397	8	roa	roa	NOUN
abrj-78	397	9	)	)	PUNCT
abrj-78	397	10	,	,	PUNCT
abrj-78	397	11	net	net	ADJ
abrj-78	397	12	profit	profit	NOUN
abrj-78	397	13	margin	margin	NOUN
abrj-78	397	14	(	(	PUNCT
abrj-78	397	15	npm	npm	PROPN
abrj-78	397	16	)	)	PUNCT
abrj-78	397	17	,	,	PUNCT
abrj-78	397	18	and	and	CCONJ
abrj-78	397	19	earning	earn	VERB
abrj-78	397	20	per	per	ADP
abrj-78	397	21	share	share	NOUN
abrj-78	397	22	(	(	PUNCT
abrj-78	397	23	eps	eps	PROPN
abrj-78	397	24	)	)	PUNCT
abrj-78	397	25	on	on	ADP
abrj-78	397	26	stock	stock	NOUN
abrj-78	397	27	prices	price	NOUN
abrj-78	397	28	in	in	ADP
abrj-78	397	29	banking	banking	NOUN
abrj-78	397	30	companies	company	NOUN
abrj-78	397	31	on	on	ADP
abrj-78	397	32	the	the	DET
abrj-78	397	33	indonesian	indonesian	ADJ
abrj-78	397	34	stock	stock	PROPN
abrj-78	397	35	exchange	exchange	PROPN
abrj-78	397	36	2011	2011	NUM
abrj-78	397	37	-	-	SYM
abrj-78	397	38	2015	2015	NUM
abrj-78	397	39	.	.	PUNCT
abrj-78	398	1	emba	emba	PROPN
abrj-78	398	2	journal	journal	PROPN
abrj-78	398	3	,	,	PUNCT
abrj-78	398	4	4(2	4(2	NUM
abrj-78	398	5	)	)	PUNCT
abrj-78	398	6	,	,	PUNCT
abrj-78	398	7	518	518	NUM
abrj-78	398	8	-	-	SYM
abrj-78	398	9	529	529	NUM
abrj-78	398	10	.	.	PUNCT
abrj-78	399	1	citation	citation	PROPN
abrj-78	399	2	citra	citra	PROPN
abrj-78	399	3	larasati	larasati	PROPN
abrj-78	399	4	;	;	PUNCT
abrj-78	399	5	abdul	abdul	PROPN
abrj-78	399	6	rivai	rivai	PROPN
abrj-78	399	7	;	;	PUNCT
abrj-78	399	8	suharto	suharto	X
abrj-78	399	9	(	(	PUNCT
abrj-78	399	10	2020	2020	NUM
abrj-78	399	11	)	)	PUNCT
abrj-78	399	12	.	.	PUNCT
abrj-78	400	1	effect	effect	NOUN
abrj-78	400	2	of	of	ADP
abrj-78	400	3	debt	debt	NOUN
abrj-78	400	4	to	to	ADP
abrj-78	400	5	equity	equity	NOUN
abrj-78	400	6	ratio	ratio	NOUN
abrj-78	400	7	and	and	CCONJ
abrj-78	400	8	return	return	VERB
abrj-78	400	9	on	on	ADP
abrj-78	400	10	assets	asset	NOUN
abrj-78	400	11	on	on	ADP
abrj-78	400	12	earnings	earning	NOUN
abrj-78	400	13	per	per	ADP
abrj-78	400	14	share	share	NOUN
abrj-78	400	15	with	with	ADP
abrj-78	400	16	firm	firm	ADJ
abrj-78	400	17	value	value	NOUN
abrj-78	400	18	as	as	ADP
abrj-78	400	19	a	a	DET
abrj-78	400	20	moderating	moderate	VERB
abrj-78	400	21	variable	variable	NOUN
abrj-78	400	22	in	in	ADP
abrj-78	400	23	various	various	ADJ
abrj-78	400	24	industrial	industrial	ADJ
abrj-78	400	25	subsector	subsector	NOUN
abrj-78	400	26	manufacturing	manufacturing	NOUN
abrj-78	400	27	companies	company	NOUN
abrj-78	400	28	indonesia	indonesia	PROPN
abrj-78	400	29	.	.	PUNCT
abrj-78	401	1	asian	asian	PROPN
abrj-78	401	2	business	business	PROPN
abrj-78	401	3	research	research	NOUN
abrj-78	401	4	journal	journal	NOUN
abrj-78	401	5	,	,	PUNCT
abrj-78	401	6	5	5	NUM
abrj-78	401	7	:	:	SYM
abrj-78	401	8	39	39	NUM
abrj-78	401	9	-	-	SYM
abrj-78	401	10	47	47	NUM
abrj-78	401	11	.	.	PUNCT
abrj-78	402	1	history	history	NOUN
abrj-78	402	2	:	:	PUNCT
abrj-78	402	3	received	receive	VERB
abrj-78	402	4	:	:	PUNCT
abrj-78	402	5	3	3	NUM
abrj-78	402	6	august	august	PROPN
abrj-78	402	7	2020	2020	NUM
abrj-78	402	8	revised	revise	VERB
abrj-78	402	9	:	:	PUNCT
abrj-78	402	10	9	9	NUM
abrj-78	402	11	september	september	PROPN
abrj-78	402	12	2020	2020	NUM
abrj-78	402	13	accepted	accept	VERB
abrj-78	402	14	:	:	PUNCT
abrj-78	402	15	24	24	NUM
abrj-78	402	16	september	september	PROPN
abrj-78	402	17	2020	2020	NUM
abrj-78	402	18	published	publish	VERB
abrj-78	402	19	:	:	PUNCT
abrj-78	402	20	5	5	NUM
abrj-78	402	21	october	october	PROPN
abrj-78	402	22	2020	2020	NUM
abrj-78	402	23	licensed	license	VERB
abrj-78	402	24	:	:	PUNCT
abrj-78	402	25	this	this	DET
abrj-78	402	26	work	work	NOUN
abrj-78	402	27	is	be	AUX
abrj-78	402	28	licensed	license	VERB
abrj-78	402	29	under	under	ADP
abrj-78	402	30	a	a	DET
abrj-78	402	31	creative	creative	ADJ
abrj-78	402	32	commons	common	NOUN
abrj-78	402	33	attribution	attribution	NOUN
abrj-78	402	34	3.0	3.0	NUM
abrj-78	402	35	license	license	NOUN
abrj-78	402	36	publisher	publisher	NOUN
abrj-78	402	37	:	:	PUNCT
abrj-78	402	38	eastern	eastern	ADJ
abrj-78	402	39	centre	centre	NOUN
abrj-78	402	40	of	of	ADP
abrj-78	402	41	science	science	NOUN
abrj-78	402	42	and	and	CCONJ
abrj-78	402	43	education	education	NOUN
abrj-78	402	44	acknowledgement	acknowledgement	NOUN
abrj-78	402	45	:	:	PUNCT
abrj-78	402	46	all	all	DET
abrj-78	402	47	authors	author	NOUN
abrj-78	402	48	contributed	contribute	VERB
abrj-78	402	49	equally	equally	ADV
abrj-78	402	50	to	to	ADP
abrj-78	402	51	the	the	DET
abrj-78	402	52	conception	conception	NOUN
abrj-78	402	53	and	and	CCONJ
abrj-78	402	54	design	design	NOUN
abrj-78	402	55	of	of	ADP
abrj-78	402	56	the	the	DET
abrj-78	402	57	study	study	NOUN
abrj-78	402	58	.	.	PUNCT
abrj-78	403	1	funding	funding	NOUN
abrj-78	403	2	:	:	PUNCT
abrj-78	403	3	this	this	DET
abrj-78	403	4	study	study	NOUN
abrj-78	403	5	received	receive	VERB
abrj-78	403	6	no	no	DET
abrj-78	403	7	specific	specific	ADJ
abrj-78	403	8	financial	financial	ADJ
abrj-78	403	9	support	support	NOUN
abrj-78	403	10	.	.	PUNCT
abrj-78	404	1	competing	compete	VERB
abrj-78	404	2	interests	interest	NOUN
abrj-78	404	3	:	:	PUNCT
abrj-78	404	4	the	the	DET
abrj-78	404	5	authors	author	NOUN
abrj-78	404	6	declare	declare	VERB
abrj-78	404	7	that	that	SCONJ
abrj-78	404	8	they	they	PRON
abrj-78	404	9	have	have	VERB
abrj-78	404	10	no	no	DET
abrj-78	404	11	competing	compete	VERB
abrj-78	404	12	interests	interest	NOUN
abrj-78	404	13	.	.	PUNCT
abrj-78	405	1	transparency	transparency	NOUN
abrj-78	405	2	:	:	PUNCT
abrj-78	405	3	the	the	DET
abrj-78	405	4	authors	author	NOUN
abrj-78	405	5	confirm	confirm	VERB
abrj-78	405	6	that	that	SCONJ
abrj-78	405	7	the	the	DET
abrj-78	405	8	manuscript	manuscript	NOUN
abrj-78	405	9	is	be	AUX
abrj-78	405	10	an	an	DET
abrj-78	405	11	honest	honest	ADJ
abrj-78	405	12	,	,	PUNCT
abrj-78	405	13	accurate	accurate	ADJ
abrj-78	405	14	,	,	PUNCT
abrj-78	405	15	and	and	CCONJ
abrj-78	405	16	transparent	transparent	ADJ
abrj-78	405	17	account	account	NOUN
abrj-78	405	18	of	of	ADP
abrj-78	405	19	the	the	DET
abrj-78	405	20	study	study	NOUN
abrj-78	405	21	was	be	AUX
abrj-78	405	22	reported	report	VERB
abrj-78	405	23	;	;	PUNCT
abrj-78	405	24	that	that	SCONJ
abrj-78	405	25	no	no	DET
abrj-78	405	26	vital	vital	ADJ
abrj-78	405	27	features	feature	NOUN
abrj-78	405	28	of	of	ADP
abrj-78	405	29	the	the	DET
abrj-78	405	30	study	study	NOUN
abrj-78	405	31	have	have	AUX
abrj-78	405	32	been	be	AUX
abrj-78	405	33	omitted	omit	VERB
abrj-78	405	34	;	;	PUNCT
abrj-78	405	35	and	and	CCONJ
abrj-78	405	36	that	that	SCONJ
abrj-78	405	37	any	any	DET
abrj-78	405	38	discrepancies	discrepancy	NOUN
abrj-78	405	39	from	from	ADP
abrj-78	405	40	the	the	DET
abrj-78	405	41	study	study	NOUN
abrj-78	405	42	as	as	SCONJ
abrj-78	405	43	planned	plan	VERB
abrj-78	405	44	have	have	AUX
abrj-78	405	45	been	be	AUX
abrj-78	405	46	explained	explain	VERB
abrj-78	405	47	.	.	PUNCT
abrj-78	406	1	ethical	ethical	ADJ
abrj-78	406	2	:	:	PUNCT
abrj-78	406	3	this	this	DET
abrj-78	406	4	study	study	NOUN
abrj-78	406	5	follows	follow	VERB
abrj-78	406	6	all	all	DET
abrj-78	406	7	ethical	ethical	ADJ
abrj-78	406	8	practices	practice	NOUN
abrj-78	406	9	during	during	ADP
abrj-78	406	10	writing	writing	NOUN
abrj-78	406	11	.	.	PUNCT
abrj-78	407	1	eastern	eastern	ADJ
abrj-78	407	2	centre	centre	PROPN
abrj-78	407	3	of	of	ADP
abrj-78	407	4	science	science	NOUN
abrj-78	407	5	and	and	CCONJ
abrj-78	407	6	education	education	NOUN
abrj-78	407	7	is	be	AUX
abrj-78	407	8	not	not	PART
abrj-78	407	9	responsible	responsible	ADJ
abrj-78	407	10	or	or	CCONJ
abrj-78	407	11	answerable	answerable	ADJ
abrj-78	407	12	for	for	ADP
abrj-78	407	13	any	any	DET
abrj-78	407	14	loss	loss	NOUN
abrj-78	407	15	,	,	PUNCT
abrj-78	407	16	damage	damage	NOUN
abrj-78	407	17	or	or	CCONJ
abrj-78	407	18	liability	liability	NOUN
abrj-78	407	19	,	,	PUNCT
abrj-78	407	20	etc	etc	X
abrj-78	407	21	.	.	X
abrj-78	407	22	caused	cause	VERB
abrj-78	407	23	in	in	ADP
abrj-78	407	24	relation	relation	NOUN
abrj-78	407	25	to	to	PART
abrj-78	407	26	/	/	PUNCT
abrj-78	407	27	arising	arise	VERB
abrj-78	407	28	out	out	ADP
abrj-78	407	29	of	of	ADP
abrj-78	407	30	the	the	DET
abrj-78	407	31	use	use	NOUN
abrj-78	407	32	of	of	ADP
abrj-78	407	33	the	the	DET
abrj-78	407	34	content	content	NOUN
abrj-78	407	35	.	.	PUNCT
abrj-78	408	1	any	any	DET
abrj-78	408	2	queries	query	NOUN
abrj-78	408	3	should	should	AUX
abrj-78	408	4	be	be	AUX
abrj-78	408	5	directed	direct	VERB
abrj-78	408	6	to	to	ADP
abrj-78	408	7	the	the	DET
abrj-78	408	8	corresponding	corresponding	ADJ
abrj-78	408	9	author	author	NOUN
abrj-78	408	10	of	of	ADP
abrj-78	408	11	the	the	DET
abrj-78	408	12	article	article	NOUN
abrj-78	408	13	.	.	PUNCT
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