id	sid	eid	entity	type
ajfa-14168	1	1	microsoft	ORG
ajfa-14168	1	2	14168-51531	DATE
ajfa-14168	1	3	asian	NORP
ajfa-14168	1	4	finance & accounting	ORG
ajfa-14168	1	5	1946	CARDINAL
ajfa-14168	1	6	11	CARDINAL
ajfa-14168	1	7	1	CARDINAL
ajfa-14168	1	8	141	CARDINAL
ajfa-14168	1	9	chinese	NORP
ajfa-14168	1	10	chen haojie	PERSON
ajfa-14168	1	11	school of economics & management	ORG
ajfa-14168	1	12	xiamen university	ORG
ajfa-14168	1	13	malaysia	GPE
ajfa-14168	1	14	jalan sunsuria	PERSON
ajfa-14168	1	15	bandar sunsuria	PERSON
ajfa-14168	1	16	43900	DATE
ajfa-14168	2	1	d.e.	GPE
ajfa-14168	2	2	malaysia	GPE
ajfa-14168	2	3	60-1-0899	CARDINAL
ajfa-14168	2	4	1663	CARDINAL
ajfa-14168	2	5	ng sin huei school of economics & management	PERSON
ajfa-14168	2	6	xiamen university	ORG
ajfa-14168	2	7	malaysia	GPE
ajfa-14168	2	8	jalan sunsuria	PERSON
ajfa-14168	2	9	bandar sunsuria	PERSON
ajfa-14168	2	10	43900	DATE
ajfa-14168	3	1	d.e.	GPE
ajfa-14168	3	2	malaysia	GPE
ajfa-14168	3	3	60-3-8705-5037	CARDINAL
ajfa-14168	3	4	lew shian loong	PERSON
ajfa-14168	3	5	school of economics & management	ORG
ajfa-14168	3	6	xiamen university	ORG
ajfa-14168	3	7	malaysia	GPE
ajfa-14168	3	8	jalan sunsuria	PERSON
ajfa-14168	3	9	bandar sunsuria	PERSON
ajfa-14168	3	10	43900	DATE
ajfa-14168	4	1	d.e.	GPE
ajfa-14168	4	2	malaysia	GPE
ajfa-14168	4	3	60-3-8705	CARDINAL
ajfa-14168	4	4	5126	CARDINAL
ajfa-14168	4	5	nov. 29, 2018	DATE
ajfa-14168	4	6	jan. 24, 2019	DATE
ajfa-14168	4	7	june 1, 2019	DATE
ajfa-14168	4	8	https://doi.org/10.5296/ajfa.v11i1.14168	LAW
ajfa-14168	4	9	kmv	PERSON
ajfa-14168	4	10	china	GPE
ajfa-14168	6	1	two years	DATE
ajfa-14168	8	1	kmv	PERSON
ajfa-14168	9	1	kmv	PERSON
ajfa-14168	9	2	asian	NORP
ajfa-14168	9	3	finance & accounting	ORG
ajfa-14168	9	4	1946	CARDINAL
ajfa-14168	9	5	11	CARDINAL
ajfa-14168	9	6	1	CARDINAL
ajfa-14168	9	7	142 1	CARDINAL
ajfa-14168	9	8	1.1	CARDINAL
ajfa-14168	9	9	the 1990s	DATE
ajfa-14168	12	1	china	GPE
ajfa-14168	12	2		CARDINAL
ajfa-14168	12	3		CARDINAL
ajfa-14168	12	4		CARDINAL
ajfa-14168	12	5		CARDINAL
ajfa-14168	12	6		CARDINAL
ajfa-14168	12	7		CARDINAL
ajfa-14168	12	8		CARDINAL
ajfa-14168	13	1	china	GPE
ajfa-14168	14	1	china	GPE
ajfa-14168	16	1	five	CARDINAL
ajfa-14168	18	1	lgd	ORG
ajfa-14168	19	1	kmv	PERSON
ajfa-14168	19	2	china	GPE
ajfa-14168	20	1	asian journal of finance & accounting	ORG
ajfa-14168	20	2	1946	CARDINAL
ajfa-14168	20	3	11	CARDINAL
ajfa-14168	20	4	1	CARDINAL
ajfa-14168	20	5	143 2	CARDINAL
ajfa-14168	21	1	2.1	CARDINAL
ajfa-14168	23	1	china	GPE
ajfa-14168	23	2	kmv	ORG
ajfa-14168	23	3	china	GPE
ajfa-14168	24	1	zhang lin	PERSON
ajfa-14168	24	2	zhang jialin	PERSON
ajfa-14168	24	3	2000	DATE
ajfa-14168	24	4	wang qiong	PERSON
ajfa-14168	24	5	chen jinxian	PERSON
ajfa-14168	24	6	2002	DATE
ajfa-14168	24	7	kmv	PERSON
ajfa-14168	25	1	xue feng	PERSON
ajfa-14168	25	2	lu wei	PERSON
ajfa-14168	25	3	zhao heng jie	PERSON
ajfa-14168	25	4	liu jiyun	PERSON
ajfa-14168	25	5	2003	DATE
ajfa-14168	25	6	china	GPE
ajfa-14168	25	7	𝜎	ORG
ajfa-14168	25	8	𝜎	ORG
ajfa-14168	26	1	qiao zhuo et al	PERSON
ajfa-14168	26	2	2003	DATE
ajfa-14168	27	1	wu jianmin	PERSON
ajfa-14168	27	2	2004	DATE
ajfa-14168	28	1	30	CARDINAL
ajfa-14168	28	2	china	GPE
ajfa-14168	28	3	shenzhen	GPE
ajfa-14168	28	4	shanghai	GPE
ajfa-14168	29	1	peter crosbie	PERSON
ajfa-14168	29	2	2003	DATE
ajfa-14168	30	1	two	CARDINAL
ajfa-14168	31	1	pd	GPE
ajfa-14168	31	2	lgd	ORG
ajfa-14168	31	3	today	DATE
ajfa-14168	33	1	three	CARDINAL
ajfa-14168	33	2	first	ORDINAL
ajfa-14168	35	1	peter crosbie	PERSON
ajfa-14168	35	2	2003	DATE
ajfa-14168	35	3	edf	ORG
ajfa-14168	37	1	michel crouhy	PERSON
ajfa-14168	37	2	dan galai	PERSON
ajfa-14168	37	3	robert mark	PERSON
ajfa-14168	37	4	2000	DATE
ajfa-14168	37	5	kmv	ORG
ajfa-14168	37	6	creditrisk+	ORG
ajfa-14168	38	1	creditmetrics	ORG
ajfa-14168	38	2	jp morgan	ORG
ajfa-14168	39	1	kmv	ORG
ajfa-14168	40	1	kmv	PERSON
ajfa-14168	42	1	creditrisk+	ORG
ajfa-14168	42	2	asian	NORP
ajfa-14168	42	3	finance & accounting	ORG
ajfa-14168	42	4	1946	CARDINAL
ajfa-14168	43	1	11	CARDINAL
ajfa-14168	43	2	1	CARDINAL
ajfa-14168	43	3	144	CARDINAL
ajfa-14168	45	1	mckinsey	GPE
ajfa-14168	47	1	michel crouhy	PERSON
ajfa-14168	47	2	dan galai	PERSON
ajfa-14168	47	3	robert mark	PERSON
ajfa-14168	47	4	2000	DATE
ajfa-14168	52	1	kmv	PERSON
ajfa-14168	53	1	kmv	ORG
ajfa-14168	54	1	edward i. altman	PERSON
ajfa-14168	54	2	anthony saunders	PERSON
ajfa-14168	54	3	1998	DATE
ajfa-14168	54	4	the last two decades	DATE
ajfa-14168	55	1	first	ORDINAL
ajfa-14168	55	2	the journal of banking & finance	ORG
ajfa-14168	61	1	edward i. altman	PERSON
ajfa-14168	61	2	anthony saunders	PERSON
ajfa-14168	61	3	1998	DATE
ajfa-14168	65	1	asian	NORP
ajfa-14168	65	2	finance & accounting	ORG
ajfa-14168	65	3	1946	CARDINAL
ajfa-14168	65	4	11	CARDINAL
ajfa-14168	65	5	1	CARDINAL
ajfa-14168	65	6	145	CARDINAL
ajfa-14168	65	7	stephen kealhofer	PERSON
ajfa-14168	65	8	matthew kurbat	PERSON
ajfa-14168	65	9	2002	DATE
ajfa-14168	66	1	moody's	ORG
ajfa-14168	75	1	3	CARDINAL
ajfa-14168	75	2	3.1	CARDINAL
ajfa-14168	75	3	kmv company’s	ORG
ajfa-14168	76	1	kmv	PERSON
ajfa-14168	76	2	two	CARDINAL
ajfa-14168	77	1	first	ORDINAL
ajfa-14168	79	1	second	ORDINAL
ajfa-14168	80	1	kmv	PERSON
ajfa-14168	81	1	kmv	PERSON
ajfa-14168	83	1	kmv	PERSON
ajfa-14168	85	1	kmv	PERSON
ajfa-14168	88	1	the asian journal of finance & accounting	ORG
ajfa-14168	88	2	1946	CARDINAL
ajfa-14168	88	3	11	CARDINAL
ajfa-14168	88	4	1	CARDINAL
ajfa-14168	88	5	146	CARDINAL
ajfa-14168	90	1	3.2	CARDINAL
ajfa-14168	91	1	lda	ORG
ajfa-14168	91	2	fisher	ORG
ajfa-14168	91	3	two	CARDINAL
ajfa-14168	93	1	lda	ORG
ajfa-14168	94	1	lda	ORG
ajfa-14168	96	1	altman	ORG
ajfa-14168	98	1	edward i. altman	ORG
ajfa-14168	98	2	new york university	ORG
ajfa-14168	98	3	1968	DATE
ajfa-14168	100	1	lda	ORG
ajfa-14168	100	2	two	CARDINAL
ajfa-14168	101	1	one	CARDINAL
ajfa-14168	102	1	z	ORG
ajfa-14168	102	2	two	CARDINAL
ajfa-14168	103	1	altman	ORG
ajfa-14168	103	2	five	CARDINAL
ajfa-14168	106	1	altman	ORG
ajfa-14168	107	1	66	CARDINAL
ajfa-14168	107	2	half	CARDINAL
ajfa-14168	107	3	altman	ORG
ajfa-14168	107	4	66	CARDINAL
ajfa-14168	109	1	altman	ORG
ajfa-14168	110	1	asian journal of finance & accounting	ORG
ajfa-14168	110	2	1946	CARDINAL
ajfa-14168	110	3	11	CARDINAL
ajfa-14168	110	4	1	CARDINAL
ajfa-14168	111	1	altman	ORG
ajfa-14168	111	2	72%	PERCENT
ajfa-14168	111	3	two years	DATE
ajfa-14168	112	1	the next 31 years	DATE
ajfa-14168	112	2	bankruptcy one year	DATE
ajfa-14168	112	3	80%	PERCENT
ajfa-14168	112	4	90%	PERCENT
ajfa-14168	113	1	european	NORP
ajfa-14168	113	2	2009	DATE
ajfa-14168	113	3	graham secker	PERSON
ajfa-14168	113	4	morgan stanley	ORG
ajfa-14168	113	5	less than 1	CARDINAL
ajfa-14168	113	6	more than 4%	PERCENT
ajfa-14168	116	1	1.2𝑋 + 1.4𝑋	DATE
ajfa-14168	117	1	z	ORG
ajfa-14168	122	1	less than 3	CARDINAL
ajfa-14168	122	2		CARDINAL
ajfa-14168	122	3	more than 2.99	CARDINAL
ajfa-14168	123	1		CARDINAL
ajfa-14168	123	2	1.80	CARDINAL
ajfa-14168	123	3	2.99	CARDINAL
ajfa-14168	124	1	the next two years	DATE
ajfa-14168	125	1	asian journal of finance & accounting	ORG
ajfa-14168	125	2	1946	CARDINAL
ajfa-14168	125	3	11	CARDINAL
ajfa-14168	125	4	1	CARDINAL
ajfa-14168	125	5	148	CARDINAL
ajfa-14168	125	6	less than 1.80	CARDINAL
ajfa-14168	126	1	the next two years	DATE
ajfa-14168	129	1	z	ORG
ajfa-14168	134	1		CARDINAL
ajfa-14168	134	2	more than 2.9	CARDINAL
ajfa-14168	135	1		CARDINAL
ajfa-14168	135	2	1.23	CARDINAL
ajfa-14168	135	3	2.9	CARDINAL
ajfa-14168	136	1	the next two years	DATE
ajfa-14168	137	1		CARDINAL
ajfa-14168	137	2	less than 1.23	CARDINAL
ajfa-14168	138	1	the next two years	DATE
ajfa-14168	140	1	altman	ORG
ajfa-14168	141	1	asian	NORP
ajfa-14168	141	2	finance & accounting	ORG
ajfa-14168	141	3	1946	CARDINAL
ajfa-14168	142	1	11	CARDINAL
ajfa-14168	142	2	1	CARDINAL
ajfa-14168	142	3	149	CARDINAL
ajfa-14168	142	4	6.56𝑋	CARDINAL
ajfa-14168	144	1	z	ORG
ajfa-14168	148	1		CARDINAL
ajfa-14168	148	2	more than 2.6	CARDINAL
ajfa-14168	149	1		CARDINAL
ajfa-14168	149	2	1.1 to 2.6	QUANTITY
ajfa-14168	150	1	the next two years	DATE
ajfa-14168	151	1		CARDINAL
ajfa-14168	151	2	less than 1.1	CARDINAL
ajfa-14168	152	1	the next two years	DATE
ajfa-14168	153	1	3.3	CARDINAL
ajfa-14168	154	1	one	CARDINAL
ajfa-14168	155	1	30	CARDINAL
ajfa-14168	155	2	china	GPE
ajfa-14168	155	3	shanghai	GPE
ajfa-14168	155	4	shenzhen	GPE
ajfa-14168	156	1	1 january 2017 to	DATE
ajfa-14168	156	2	2017	DATE
ajfa-14168	156	3	1	CARDINAL
ajfa-14168	157	1	10	CARDINAL
ajfa-14168	157	2	10	CARDINAL
ajfa-14168	157	3	10	CARDINAL
ajfa-14168	158	1	kmv	PERSON
ajfa-14168	159	1	kmv	PERSON
ajfa-14168	159	2	asian	NORP
ajfa-14168	159	3	finance & accounting	ORG
ajfa-14168	159	4	1946	CARDINAL
ajfa-14168	159	5	11	CARDINAL
ajfa-14168	159	6	1	CARDINAL
ajfa-14168	159	7	150	CARDINAL
ajfa-14168	159	8	less than 1.5	CARDINAL
ajfa-14168	159	9	0.5	CARDINAL
ajfa-14168	159	10		CARDINAL
ajfa-14168	159	11	more than 1.5	CARDINAL
ajfa-14168	159	12	0.7	CARDINAL
ajfa-14168	161	1		CARDINAL
ajfa-14168	162	1	a year	DATE
ajfa-14168	162	2	zero	CARDINAL
ajfa-14168	163	1		CARDINAL
ajfa-14168	164	1		CARDINAL
ajfa-14168	164	2	annual	DATE
ajfa-14168	164	3	252	CARDINAL
ajfa-14168	164	4	2017	DATE
ajfa-14168	165	1		CARDINAL
ajfa-14168	165	2	annual	DATE
ajfa-14168	166	1	one-year	DATE
ajfa-14168	166	2	china	GPE
ajfa-14168	166	3	treasury	ORG
ajfa-14168	166	4	2017	CARDINAL
ajfa-14168	166	5	2.7484%	PERCENT
ajfa-14168	167	1		CARDINAL
ajfa-14168	168	1	asian journal of finance & accounting	ORG
ajfa-14168	168	2	1946	CARDINAL
ajfa-14168	168	3	11	CARDINAL
ajfa-14168	168	4	1	CARDINAL
ajfa-14168	168	5	151	CARDINAL
ajfa-14168	168	6	1	CARDINAL
ajfa-14168	168	7	30	CARDINAL
ajfa-14168	168	8	shanghai	GPE
ajfa-14168	168	9	shenzhen	GPE
ajfa-14168	168	10	1	CARDINAL
ajfa-14168	168	11	2	CARDINAL
ajfa-14168	168	12	600519	CARDINAL
ajfa-14168	168	13	600000	CARDINAL
ajfa-14168	168	14	002302	CARDINAL
ajfa-14168	168	15	metal &	ORG
ajfa-14168	168	16	000905	DATE
ajfa-14168	168	17	300176	DATE
ajfa-14168	168	18	machinery & equipment &	ORG
ajfa-14168	168	19	600549	CARDINAL
ajfa-14168	168	20	metal &	ORG
ajfa-14168	168	21	002307	CARDINAL
ajfa-14168	168	22	603377	CARDINAL
ajfa-14168	168	23	002081	DATE
ajfa-14168	168	24	600479	CARDINAL
ajfa-14168	168	25	600808	CARDINAL
ajfa-14168	168	26	metal & nonmetal 002403 metal & nonmetal 000709 metal & nonmetal 600826	ORG
ajfa-14168	168	27	601919	CARDINAL
ajfa-14168	168	28	300220	DATE
ajfa-14168	168	29	601899	CARDINAL
ajfa-14168	168	30	300104	CARDINAL
ajfa-14168	168	31	600340	CARDINAL
ajfa-14168	168	32	600363	CARDINAL
ajfa-14168	168	33	3	CARDINAL
ajfa-14168	168	34	600860	CARDINAL
ajfa-14168	168	35	machinery & equipment &	ORG
ajfa-14168	168	36	600608	DATE
ajfa-14168	168	37	metal & nonmetal 002490 machinery & equipment &	ORG
ajfa-14168	168	38	600403	DATE
ajfa-14168	168	39	000526	CARDINAL
ajfa-14168	168	40	601005	CARDINAL
ajfa-14168	168	41	metal & nonmetal 600696	ORG
ajfa-14168	168	42	metal & nonmetal 000595 machinery & equipment &	ORG
ajfa-14168	168	43	000982	CARDINAL
ajfa-14168	168	44	textile & clothing &fur	ORG
ajfa-14168	168	45	1	CARDINAL
ajfa-14168	169	1	2	CARDINAL
ajfa-14168	170	1	3	CARDINAL
ajfa-14168	171	1	shenzhen stock exchange	ORG
ajfa-14168	171	2	shanghai stock exchange	ORG
ajfa-14168	172	1	asian journal of finance & accounting	ORG
ajfa-14168	172	2	1946	CARDINAL
ajfa-14168	172	3	11	CARDINAL
ajfa-14168	172	4	1	CARDINAL
ajfa-14168	172	5	152	CARDINAL
ajfa-14168	172	6	4.1	CARDINAL
ajfa-14168	173	1	𝑆 𝑆	PERSON
ajfa-14168	174	1	day	DATE
ajfa-14168	174	2	252 days	DATE
ajfa-14168	174	3	annual	DATE
ajfa-14168	174	4	microsoft	ORG
ajfa-14168	174	5	2	CARDINAL
ajfa-14168	174	6	asian	NORP
ajfa-14168	174	7	finance & accounting	ORG
ajfa-14168	174	8	1946	CARDINAL
ajfa-14168	175	1	11	CARDINAL
ajfa-14168	175	2	1	CARDINAL
ajfa-14168	175	3	153	CARDINAL
ajfa-14168	175	4	2	CARDINAL
ajfa-14168	175	5	annual	DATE
ajfa-14168	175	6	annual	DATE
ajfa-14168	175	7	annual	DATE
ajfa-14168	175	8	600519	DATE
ajfa-14168	175	9	0.3010%	PERCENT
ajfa-14168	175	10	002302	DATE
ajfa-14168	175	11	0.3453%	PERCENT
ajfa-14168	175	12	0.0059%	PERCENT
ajfa-14168	175	13	0.4636 300176	PERCENT
ajfa-14168	175	14	0.5908%	PERCENT
ajfa-14168	175	15	0.0639%	PERCENT
ajfa-14168	175	16	0.1180%	PERCENT
ajfa-14168	176	1	0.0006%	PERCENT
ajfa-14168	177	1	0.1805%	PERCENT
ajfa-14168	177	2	0.2988 600479	DATE
ajfa-14168	177	3	0.1512%	PERCENT
ajfa-14168	177	4	0.0650%	PERCENT
ajfa-14168	177	5	0.4288 600826	DATE
ajfa-14168	177	6	0.3112 601919 0.1023%	PERCENT
ajfa-14168	177	7	0.1284%	PERCENT
ajfa-14168	177	8	0.2531 300104 -0.3490%	PERCENT
ajfa-14168	177	9	600340	DATE
ajfa-14168	177	10	0.1124%	PERCENT
ajfa-14168	177	11	0.3480	CARDINAL
ajfa-14168	177	12	st stock st stock code	ORG
ajfa-14168	177	13	1	CARDINAL
ajfa-14168	177	14	annual	DATE
ajfa-14168	177	15	annual	DATE
ajfa-14168	177	16	600860 -0.2184%	PERCENT
ajfa-14168	177	17	600608	DATE
ajfa-14168	177	18	0.3850 600403 -0.0819%	PERCENT
ajfa-14168	178	1	0.3426 000932	PERCENT
ajfa-14168	178	2	0.1206%	PERCENT
ajfa-14168	179	1	0.3613	CARDINAL
ajfa-14168	179	2	1	CARDINAL
ajfa-14168	179	3	daily	DATE
ajfa-14168	182	1	2017	CARDINAL
ajfa-14168	182	2	annual	DATE
ajfa-14168	182	3	year-end	DATE
ajfa-14168	184	1	asian	NORP
ajfa-14168	184	2	finance & accounting	ORG
ajfa-14168	184	3	1946	CARDINAL
ajfa-14168	184	4	11	CARDINAL
ajfa-14168	184	5	1	CARDINAL
ajfa-14168	184	6	154	CARDINAL
ajfa-14168	185	1	2004	DATE
ajfa-14168	186	1	2002	DATE
ajfa-14168	187	1	𝑃𝑜𝑖𝑛𝑡 =	PERSON
ajfa-14168	187	2	1.5	CARDINAL
ajfa-14168	187	3	𝐿𝑇𝐷	ORG
ajfa-14168	187	4	𝐿𝑇𝐷	ORG
ajfa-14168	187	5	3	CARDINAL
ajfa-14168	187	6	3	CARDINAL
ajfa-14168	187	7	(million) 600519	CARDINAL
ajfa-14168	187	8	15.57 38,582.70	DATE
ajfa-14168	188	1	1,349.78	DATE
ajfa-14168	188	2	191.77	CARDINAL
ajfa-14168	188	3	5,439.59 13,564.02 002081	DATE
ajfa-14168	188	4	411.32 16,228.55	CARDINAL
ajfa-14168	188	5	600808	CARDINAL
ajfa-14168	188	6	10,324.06 33,255.39	DATE
ajfa-14168	189	1	113,240.57	DATE
ajfa-14168	190	1	127,864.70 601919	DATE
ajfa-14168	191	1	66,485.71	CARDINAL
ajfa-14168	191	2	601899	DATE
ajfa-14168	191	3	22,878.83	CARDINAL
ajfa-14168	191	4	600340	DATE
ajfa-14168	191	5	228,063.69 76,768.47 266,447.92	PRODUCT
ajfa-14168	191	6	000905 2,974.20	DATE
ajfa-14168	191	7	1,578.95	MONEY
ajfa-14168	191	8	3,763.68	CARDINAL
ajfa-14168	191	9	603377	DATE
ajfa-14168	191	10	709.74	CARDINAL
ajfa-14168	191	11	600479	DATE
ajfa-14168	191	12	934.39	CARDINAL
ajfa-14168	191	13	111.33	CARDINAL
ajfa-14168	191	14	990.05	CARDINAL
ajfa-14168	191	15	asian	NORP
ajfa-14168	191	16	finance & accounting	ORG
ajfa-14168	191	17	1946	CARDINAL
ajfa-14168	191	18	11	CARDINAL
ajfa-14168	191	19	1	CARDINAL
ajfa-14168	191	20	155	CARDINAL
ajfa-14168	191	21	562.85	CARDINAL
ajfa-14168	191	22	1,812.38 600826	DATE
ajfa-14168	191	23	332.15	CARDINAL
ajfa-14168	191	24	1.31 100.21	CARDINAL
ajfa-14168	192	1	1,715.23	DATE
ajfa-14168	192	2	(million) 002490	CARDINAL
ajfa-14168	192	3	3,531.93	CARDINAL
ajfa-14168	192	4	3,501.99	CARDINAL
ajfa-14168	192	5	3,510.81	CARDINAL
ajfa-14168	192	6	600696	DATE
ajfa-14168	192	7	16.58	MONEY
ajfa-14168	192	8	000595	DATE
ajfa-14168	192	9	225.15	MONEY
ajfa-14168	192	10	600608	DATE
ajfa-14168	192	11	121.21	CARDINAL
ajfa-14168	192	12	4.75	TIME
ajfa-14168	192	13	600403	DATE
ajfa-14168	192	14	47,920.36	CARDINAL
ajfa-14168	192	15	12,428.63 54,134.67 000982 8,469.57	DATE
ajfa-14168	192	16	9,356.39	CARDINAL
ajfa-14168	193	1	bsm	ORG
ajfa-14168	199	1	∗	CARDINAL
ajfa-14168	199	2	asian	NORP
ajfa-14168	199	3	finance & accounting	ORG
ajfa-14168	199	4	1946	CARDINAL
ajfa-14168	199	5	11	CARDINAL
ajfa-14168	199	6	1	CARDINAL
ajfa-14168	199	7	156	CARDINAL
ajfa-14168	199	8	1	CARDINAL
ajfa-14168	200	1	∗	CARDINAL
ajfa-14168	201	1	1	CARDINAL
ajfa-14168	202	1	zero	CARDINAL
ajfa-14168	202	2	microsoft	ORG
ajfa-14168	203	1	4	CARDINAL
ajfa-14168	203	2	4	CARDINAL
ajfa-14168	203	3	million	CARDINAL
ajfa-14168	203	4	600519 914,768.11	DATE
ajfa-14168	205	1	0.0089344 300176	DATE
ajfa-14168	205	2	4.7556	MONEY
ajfa-14168	205	3	002307	DATE
ajfa-14168	205	4	2.2260	MONEY
ajfa-14168	205	5	0.2133	ORG
ajfa-14168	205	6	5.8893	MONEY
ajfa-14168	205	7	600808	CARDINAL
ajfa-14168	205	8	169,277.27	CARDINAL
ajfa-14168	205	9	601919	DATE
ajfa-14168	205	10	2.388e-05	TIME
ajfa-14168	206	1	finance & accounting	ORG
ajfa-14168	206	2	1946	CARDINAL
ajfa-14168	206	3	11	CARDINAL
ajfa-14168	206	4	1	CARDINAL
ajfa-14168	206	5	157	CARDINAL
ajfa-14168	206	6	359,203.70	CARDINAL
ajfa-14168	206	7	million	CARDINAL
ajfa-14168	206	8	600000	CARDINAL
ajfa-14168	206	9	000905	PERSON
ajfa-14168	206	10	0.2772 3.5249	MONEY
ajfa-14168	206	11	13.1961	CARDINAL
ajfa-14168	206	12	1.284e-21 002403	DATE
ajfa-14168	206	13	9.824e-19 600826	DATE
ajfa-14168	206	14	6,664.54	CARDINAL
ajfa-14168	206	15	2,639.11	CARDINAL
ajfa-14168	206	16	0.4305 7.8778 7.4473	MONEY
ajfa-14168	206	17	300104	DATE
ajfa-14168	207	1	3.231e-08	CARDINAL
ajfa-14168	207	2	million	CARDINAL
ajfa-14168	207	3	600860 3,725.82	DATE
ajfa-14168	208	1	0.1926	ORG
ajfa-14168	208	2	3.648702 0.0001318	CARDINAL
ajfa-14168	208	3	2,505.90	CARDINAL
ajfa-14168	208	4	6.071256	CARDINAL
ajfa-14168	208	5	5.798442	MONEY
ajfa-14168	208	6	4,978.31	DATE
ajfa-14168	208	7	600608	DATE
ajfa-14168	208	8	8.434495	MONEY
ajfa-14168	208	9	1.663e-17 600403	DATE
ajfa-14168	208	10	2.938e-16	DATE
ajfa-14168	208	11	601005	DATE
ajfa-14168	208	12	0.1488	CARDINAL
ajfa-14168	209	1	lgd	ORG
ajfa-14168	211	1	asian journal of finance & accounting	ORG
ajfa-14168	211	2	1946	CARDINAL
ajfa-14168	211	3	11	CARDINAL
ajfa-14168	211	4	1	CARDINAL
ajfa-14168	211	5	158	CARDINAL
ajfa-14168	212	1	− 𝐷𝑃𝑇 𝜎 𝑉	ORG
ajfa-14168	212	2	lgd	ORG
ajfa-14168	212	3	one	CARDINAL
ajfa-14168	212	4	zero	CARDINAL
ajfa-14168	213	1	𝑅𝑒𝑐𝑜𝑣𝑒𝑟𝑦 𝐺𝑖𝑣𝑒𝑛	PERSON
ajfa-14168	213	2	/𝑁(−𝑑	ORG
ajfa-14168	214	1	𝐿𝑜𝑠𝑠 𝐺𝑖𝑣𝑒𝑛 𝐷𝑒𝑓𝑎𝑢𝑙𝑡	PERSON
ajfa-14168	215	1	zero	CARDINAL
ajfa-14168	216	1	microsoft	ORG
ajfa-14168	217	1	5	CARDINAL
ajfa-14168	217	2	5	CARDINAL
ajfa-14168	217	3	(million	CARDINAL
ajfa-14168	217	4	(million) 600519	CARDINAL
ajfa-14168	217	5	96.1567%	PERCENT
ajfa-14168	217	6	1.5141	CARDINAL
ajfa-14168	217	7	84.4871%	PERCENT
ajfa-14168	217	8	10,216.57 300176	DATE
ajfa-14168	217	9	1,286.08 88.9608%	PERCENT
ajfa-14168	217	10	1,406.48 002307	DATE
ajfa-14168	217	11	1.6501 12,311.94 90.7691%	PERCENT
ajfa-14168	218	1	3.3470 15,263.45 94.0531%	PERCENT
ajfa-14168	218	2	600808	DATE
ajfa-14168	218	3	2.5626	CARDINAL
ajfa-14168	218	4	92.8911%	PERCENT
ajfa-14168	218	5	000709	DATE
ajfa-14168	218	6	2.3322 120,700.76 94.3973%	MONEY
ajfa-14168	218	7	124,398.32	CARDINAL
ajfa-14168	218	8	finance & accounting	ORG
ajfa-14168	218	9	1946	CARDINAL
ajfa-14168	218	10	11	CARDINAL
ajfa-14168	218	11	1	CARDINAL
ajfa-14168	218	12	159	CARDINAL
ajfa-14168	218	13	62,211.96 93.5719%	PERCENT
ajfa-14168	219	1	3.9503	CARDINAL
ajfa-14168	219	2	96.3297%	PERCENT
ajfa-14168	219	3	600340	DATE
ajfa-14168	219	4	252,787.43 94.8731%	PERCENT
ajfa-14168	219	5	259,224.59	DATE
ajfa-14168	219	6	(million	CARDINAL
ajfa-14168	219	7	(million	CARDINAL
ajfa-14168	219	8	600000	CARDINAL
ajfa-14168	219	9	4.3444	MONEY
ajfa-14168	219	10	97.0474%	PERCENT
ajfa-14168	219	11	2.1573 3,408.85 90.5725%	PERCENT
ajfa-14168	219	12	600549	DATE
ajfa-14168	219	13	2.1984 8,262.13 90.2789%	PERCENT
ajfa-14168	219	14	8,903.68 603377	DATE
ajfa-14168	219	15	4.1250 801.56 95.6342%	PERCENT
ajfa-14168	219	16	600479	DATE
ajfa-14168	220	1	4.4011 944.77	MONEY
ajfa-14168	221	1	1,735.90 95.7804%	PERCENT
ajfa-14168	221	2	1,763.24 600826	DATE
ajfa-14168	221	3	3.2137 1,055.87 93.8818%	PERCENT
ajfa-14168	221	4	2.2349 92.33 92.1360%	MONEY
ajfa-14168	221	5	97.50 300104	DATE
ajfa-14168	221	6	13,512.09 81.7468%	PERCENT
ajfa-14168	221	7	16,081.09 600363	DATE
ajfa-14168	221	8	1,594.77 92.9770%	PERCENT
ajfa-14168	221	9	1,668.73	CARDINAL
ajfa-14168	221	10	(million	CARDINAL
ajfa-14168	221	11	(million	CARDINAL
ajfa-14168	221	12	600860	DATE
ajfa-14168	222	1	3.2200 775.52 93.8114%	PERCENT
ajfa-14168	222	2	2.5977 3,635.02 92.9270%	PERCENT
ajfa-14168	222	3	000526	DATE
ajfa-14168	222	4	4.2617	ORG
ajfa-14168	222	5	3,353.92 95.5313%	PERCENT
ajfa-14168	222	6	3,415.63 600696	DATE
ajfa-14168	222	7	475.15	MONEY
ajfa-14168	222	8	93.1316%	PERCENT
ajfa-14168	222	9	496.36 000595	DATE
ajfa-14168	222	10	2.1081 894.55 89.7720%	MONEY
ajfa-14168	222	11	600608	DATE
ajfa-14168	222	12	115.41 93.3809%	PERCENT
ajfa-14168	222	13	120.24 600403	DATE
ajfa-14168	222	14	8,667.37 96.1066%	PERCENT
ajfa-14168	222	15	8,774.00 601005	DATE
ajfa-14168	222	16	6,235.95 95.7944%	PERCENT
ajfa-14168	222	17	2.4283 50,845.72 93.9245%	PERCENT
ajfa-14168	222	18	2.7681 8,791.66 93.9643%	PERCENT
ajfa-14168	222	19	9,102.74	CARDINAL
ajfa-14168	222	20	asian	NORP
ajfa-14168	222	21	journal of finance & accounting	ORG
ajfa-14168	222	22	1946	CARDINAL
ajfa-14168	222	23	11	CARDINAL
ajfa-14168	222	24	1	CARDINAL
ajfa-14168	222	25	160	CARDINAL
ajfa-14168	222	26	1.2𝑋 + 1.4𝑋	DATE
ajfa-14168	223	1	6	CARDINAL
ajfa-14168	223	2	6	CARDINAL
ajfa-14168	223	3	t3 t4 t5 zeta	ORG
ajfa-14168	223	4	600519	DATE
ajfa-14168	225	1	002302	CARDINAL
ajfa-14168	225	2	0.3020 0.1224	MONEY
ajfa-14168	225	3	1.9210	MONEY
ajfa-14168	225	4	2.5422	MONEY
ajfa-14168	225	5	002307	DATE
ajfa-14168	225	6	0.0222 0.0065	MONEY
ajfa-14168	225	7	2.4641	MONEY
ajfa-14168	225	8	1.7804	MONEY
ajfa-14168	226	1	0.2409	CARDINAL
ajfa-14168	226	2	600340	DATE
ajfa-14168	226	3	0.9196	MONEY
ajfa-14168	226	4	t3 t4 t5 zeta	ORG
ajfa-14168	226	5	600000	CARDINAL
ajfa-14168	226	6	0.0349 0.0115	MONEY
ajfa-14168	227	1	0.3713 11.4903	CARDINAL
ajfa-14168	227	2	0.2985	CARDINAL
ajfa-14168	227	3	0.0910	MONEY
ajfa-14168	227	4	300104	DATE
ajfa-14168	228	1	3.2944	CARDINAL
ajfa-14168	228	2	3.3673	MONEY
ajfa-14168	228	3	asian	NORP
ajfa-14168	228	4	finance & accounting	ORG
ajfa-14168	228	5	1946	CARDINAL
ajfa-14168	228	6	11	CARDINAL
ajfa-14168	228	7	1	CARDINAL
ajfa-14168	228	8	161	CARDINAL
ajfa-14168	228	9	t3 t4 t5 zeta	ORG
ajfa-14168	228	10	600860	DATE
ajfa-14168	228	11	0.0016	CARDINAL
ajfa-14168	229	1	0.0220	CARDINAL
ajfa-14168	229	2	600696	DATE
ajfa-14168	230	1	0.0239	CARDINAL
ajfa-14168	230	2	000595	DATE
ajfa-14168	231	1	3.5903	CARDINAL
ajfa-14168	231	2	600608	DATE
ajfa-14168	231	3	0.3596	CARDINAL
ajfa-14168	231	4	2.4788	MONEY
ajfa-14168	231	5	1.4503 601005	DATE
ajfa-14168	233	1	1.0230	MONEY
ajfa-14168	234	1	5.1	CARDINAL
ajfa-14168	234	2	kmv	ORG
ajfa-14168	234	3	china	GPE
ajfa-14168	236	1	china	GPE
ajfa-14168	238	1	china	GPE
ajfa-14168	239	1	china	GPE
ajfa-14168	239	2	five	CARDINAL
ajfa-14168	239	3	china	GPE
ajfa-14168	239	4	cheng xin	PERSON
ajfa-14168	240	1	china lianhe	ORG
ajfa-14168	240	2	shanghai	GPE
ajfa-14168	241	1	china department of commerce research institute	ORG
ajfa-14168	244	1	30	CARDINAL
ajfa-14168	244	2	9	CARDINAL
ajfa-14168	244	3	asian	NORP
ajfa-14168	244	4	finance & accounting	ORG
ajfa-14168	244	5	1946	CARDINAL
ajfa-14168	245	1	11	CARDINAL
ajfa-14168	245	2	1	CARDINAL
ajfa-14168	245	3	162	CARDINAL
ajfa-14168	245	4	9	CARDINAL
ajfa-14168	245	5	1.888e-60	DATE
ajfa-14168	245	6	22.4552	CARDINAL
ajfa-14168	245	7	bbb	ORG
ajfa-14168	245	8	600000	CARDINAL
ajfa-14168	245	9	002302	CARDINAL
ajfa-14168	245	10	0.0089344	CARDINAL
ajfa-14168	245	11	2.5422	MONEY
ajfa-14168	245	12	bbb	PERSON
ajfa-14168	245	13	000905	DATE
ajfa-14168	245	14	2.8172	MONEY
ajfa-14168	245	15	300176	DATE
ajfa-14168	245	16	7.8001 bbb	ORG
ajfa-14168	245	17	600549	CARDINAL
ajfa-14168	245	18	2.9028	CARDINAL
ajfa-14168	245	19	002307	DATE
ajfa-14168	245	20	603377 4.6181e-40	DATE
ajfa-14168	246	1	002081	DATE
ajfa-14168	247	1	3.2750 bb	MONEY
ajfa-14168	247	2	600479	DATE
ajfa-14168	247	3	4.9895	CARDINAL
ajfa-14168	247	4	600808	DATE
ajfa-14168	248	1	1.7804	MONEY
ajfa-14168	250	1	000709	DATE
ajfa-14168	250	2	600826	DATE
ajfa-14168	250	3	4.5214	DATE
ajfa-14168	250	4	601919	CARDINAL
ajfa-14168	250	5	1.0641 bb	MONEY
ajfa-14168	250	6	300220	DATE
ajfa-14168	250	7	15.6310 bb	MONEY
ajfa-14168	250	8	601899	DATE
ajfa-14168	250	9	1.7027	CARDINAL
ajfa-14168	250	10	bbb	ORG
ajfa-14168	250	11	300104	CARDINAL
ajfa-14168	250	12	600340	DATE
ajfa-14168	250	13	600363 3.2305e-08	DATE
ajfa-14168	250	14	3.3673	MONEY
ajfa-14168	250	15	600860	CARDINAL
ajfa-14168	250	16	2.431e-10	CARDINAL
ajfa-14168	250	17	2.3170	MONEY
ajfa-14168	250	18	600608 1.6632e-17	DATE
ajfa-14168	250	19	002490 0.0001318	DATE
ajfa-14168	250	20	1.4503 cc	MONEY
ajfa-14168	251	1	600696	DATE
ajfa-14168	251	2	0.00110886 1.2181 bb	MONEY
ajfa-14168	251	3	000595 1.873e-05	DATE
ajfa-14168	251	4	1.9975	CARDINAL
ajfa-14168	251	5	000982	CARDINAL
ajfa-14168	251	6	asian	NORP
ajfa-14168	251	7	finance & accounting	ORG
ajfa-14168	251	8	1946	CARDINAL
ajfa-14168	251	9	11	CARDINAL
ajfa-14168	251	10	1	CARDINAL
ajfa-14168	251	11	163 5.2	CARDINAL
ajfa-14168	251	12	kmv	PERSON
ajfa-14168	252	1	kmv	PERSON
ajfa-14168	253	1	kmv	PERSON
ajfa-14168	256	1	kmv	PERSON
ajfa-14168	257	1	kmv	PERSON
ajfa-14168	257	2	china	GPE
ajfa-14168	258	1	kmv	PERSON
ajfa-14168	259	1	first	ORDINAL
ajfa-14168	259	2	kmv	PERSON
ajfa-14168	264	1	kmv	PERSON
ajfa-14168	266	1	kmv	PERSON
ajfa-14168	267	1	kmv	PERSON
ajfa-14168	268	1	two	CARDINAL
ajfa-14168	269	1	kmv	PERSON
ajfa-14168	270	1	china	GPE
ajfa-14168	271	1	6	CARDINAL
ajfa-14168	271	2	6.1	CARDINAL
ajfa-14168	271	3		CARDINAL
ajfa-14168	272	1	asian journal of finance & accounting	ORG
ajfa-14168	272	2	1946	CARDINAL
ajfa-14168	272	3	11	CARDINAL
ajfa-14168	272	4	1	CARDINAL
ajfa-14168	272	5	164	CARDINAL
ajfa-14168	272	6	the next two years	DATE
ajfa-14168	273	1		CARDINAL
ajfa-14168	273	2	china	GPE
ajfa-14168	276	1	z	ORG
ajfa-14168	276	2	less than 1.80	CARDINAL
ajfa-14168	278	1	600608	DATE
ajfa-14168	278	2	600696	DATE
ajfa-14168	280	1	third	ORDINAL
ajfa-14168	285	1	6.2	CARDINAL
ajfa-14168	285	2	one	CARDINAL
ajfa-14168	292	1	asian journal of finance & accounting	ORG
ajfa-14168	292	2	1946	CARDINAL
ajfa-14168	292	3	11	CARDINAL
ajfa-14168	292	4	1	CARDINAL
ajfa-14168	292	5	165	CARDINAL
ajfa-14168	295	1	altman	PERSON
ajfa-14168	295	2	e. i.	PERSON
ajfa-14168	295	3	zhang, l., & yen	ORG
ajfa-14168	295	4	j. (	GPE
ajfa-14168	295	5	2007	DATE
ajfa-14168	295	6	november	DATE
ajfa-14168	296	1	chinese	NORP
ajfa-14168	297	1	salomon center	ORG
ajfa-14168	298	1	http://people.stern.nyu.edu/ealtman/zhanglingpaper.pdf altman	PERSON
ajfa-14168	298	2	e. i. & saunders	ORG
ajfa-14168	298	3	a.	PERSON
ajfa-14168	298	4	1998	DATE
ajfa-14168	299	1	the last 20 years	DATE
ajfa-14168	300	1	21	CARDINAL
ajfa-14168	301	1	richard m.	PERSON
ajfa-14168	302	1	1987	DATE
ajfa-14168	304	1	d.	NORP
ajfa-14168	304	2	j. jiambalvo	GPE
ajfa-14168	304	3	e. noreen	PERSON
ajfa-14168	305	1	1989	DATE
ajfa-14168	307	1	journal of accounting and economics	ORG
ajfa-14168	307	2	11	DATE
ajfa-14168	307	3	207	CARDINAL
ajfa-14168	308	1	m., galai	PERSON
ajfa-14168	308	2	d., & mark	ORG
ajfa-14168	308	3	2000	DATE
ajfa-14168	310	1	journal of banking & finance	ORG
ajfa-14168	310	2	24(1	CARDINAL
ajfa-14168	310	3	59	CARDINAL
ajfa-14168	311	1	peter j.	PERSON
ajfa-14168	311	2	jeffrey r. bohn	PERSON
ajfa-14168	311	3	2003	DATE
ajfa-14168	311	4	phd dissertation	PERSON
ajfa-14168	312	1	moody's kmv	ORG
ajfa-14168	313	1	s.a.	GPE
ajfa-14168	313	2	keating e.k.	ORG
ajfa-14168	313	3	d.p.	GPE
ajfa-14168	313	4	lundstedt	NORP
ajfa-14168	313	5	k.g.	GPE
ajfa-14168	313	6	2004	DATE
ajfa-14168	315	1	5	CARDINAL
ajfa-14168	316	1	s., & kurbat	ORG
ajfa-14168	316	2	2002	DATE
ajfa-14168	317	1	kmv llc	ORG
ajfa-14168	318	1	mu, yuan	ORG
ajfa-14168	318	2	2007	DATE
ajfa-14168	319	1	chinese	NORP
ajfa-14168	319	2	department of economics	ORG
ajfa-14168	319	3	university of sterling	ORG
ajfa-14168	319	4	may 2007	DATE
ajfa-14168	319	5	1bb14cc?doi=10.1.1.101.7279&rep	CARDINAL
ajfa-14168	319	6	pdf löffler	PERSON
ajfa-14168	319	7	gunter, & peter n. posch	ORG
ajfa-14168	320	1	2011	DATE
ajfa-14168	321	1	vba	ORG
ajfa-14168	322	1	john wiley & sons	ORG
ajfa-14168	322	2	uk	GPE
ajfa-14168	323	1	jorge r.	PERSON
ajfa-14168	323	2	roger m.	PERSON
ajfa-14168	323	3	2000	DATE
ajfa-14168	324	1	asian	NORP
ajfa-14168	324	2	finance & accounting	ORG
ajfa-14168	324	3	1946	CARDINAL
ajfa-14168	324	4	11	CARDINAL
ajfa-14168	324	5	1	CARDINAL
ajfa-14168	324	6	166	CARDINAL
ajfa-14168	325	1	zhang, &	ORG
ajfa-14168	325	2	dan w.	PERSON
ajfa-14168	325	3	2010	DATE
ajfa-14168	326	1	china	GPE
ajfa-14168	326	2	kmv	PERSON
ajfa-14168	327	1	2010	DATE
ajfa-14168	327	2	116	CARDINAL
ajfa-14168	327	3	m., & young	ORG
ajfa-14168	327	4	2005	DATE
ajfa-14168	329	1	8(06	CARDINAL
ajfa-14168	329	2	737	CARDINAL
ajfa-14168	330	1	vasicek	ORG
ajfa-14168	331	1	2000	DATE
ajfa-14168	332	1	kmv corporation	ORG
ajfa-14168	335	1	asian journal of finance & accounting	ORG
ajfa-14168	335	2	1946	CARDINAL
ajfa-14168	335	3	11	CARDINAL
ajfa-14168	335	4	1	CARDINAL
ajfa-14168	335	5	167	CARDINAL
ajfa-14168	336	1	asian journal of finance & accounting	ORG
ajfa-14168	336	2	1946	CARDINAL
ajfa-14168	336	3	11	CARDINAL
ajfa-14168	336	4	1	CARDINAL
ajfa-14168	336	5	168	CARDINAL