id	sid	tid	token	lemma	pos
ajfa-11761	1	1	microsoft	microsoft	PROPN
ajfa-11761	1	2	word	word	NOUN
ajfa-11761	1	3	11761	11761	NUM
ajfa-11761	1	4	-	-	SYM
ajfa-11761	1	5	43225	43225	NUM
ajfa-11761	1	6	-	-	PUNCT
ajfa-11761	1	7	1	1	NUM
ajfa-11761	1	8	-	-	PUNCT
ajfa-11761	1	9	sm	sm	NOUN
ajfa-11761	1	10	-	-	PUNCT
ajfa-11761	1	11	writer2	writer2	VERB
ajfa-11761	1	12	-	-	ADJ
ajfa-11761	1	13	new	new	ADJ
ajfa-11761	1	14	-	-	PUNCT
ajfa-11761	1	15	final	final	ADJ
ajfa-11761	1	16	asian	asian	ADJ
ajfa-11761	1	17	journal	journal	NOUN
ajfa-11761	1	18	of	of	ADP
ajfa-11761	1	19	finance	finance	PROPN
ajfa-11761	1	20	&	&	CCONJ
ajfa-11761	1	21	accounting	accounting	PROPN
ajfa-11761	1	22	issn	issn	PROPN
ajfa-11761	1	23	1946	1946	NUM
ajfa-11761	1	24	-	-	PUNCT
ajfa-11761	1	25	052x	052x	PROPN
ajfa-11761	1	26	2017	2017	NUM
ajfa-11761	1	27	,	,	PUNCT
ajfa-11761	1	28	vol	vol	NOUN
ajfa-11761	1	29	.	.	NOUN
ajfa-11761	1	30	9	9	NUM
ajfa-11761	1	31	,	,	PUNCT
ajfa-11761	1	32	no	no	NOUN
ajfa-11761	1	33	.	.	NOUN
ajfa-11761	1	34	2	2	NUM
ajfa-11761	1	35	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	1	36	103	103	NUM
ajfa-11761	1	37	debt	debt	NOUN
ajfa-11761	1	38	capital	capital	NOUN
ajfa-11761	1	39	and	and	CCONJ
ajfa-11761	1	40	financial	financial	ADJ
ajfa-11761	1	41	performance	performance	NOUN
ajfa-11761	1	42	:	:	PUNCT
ajfa-11761	1	43	a	a	DET
ajfa-11761	1	44	comparative	comparative	ADJ
ajfa-11761	1	45	analysis	analysis	NOUN
ajfa-11761	1	46	of	of	ADP
ajfa-11761	1	47	south	south	ADJ
ajfa-11761	1	48	african	african	ADJ
ajfa-11761	1	49	and	and	CCONJ
ajfa-11761	1	50	sri	sri	PROPN
ajfa-11761	1	51	lankan	lankan	PROPN
ajfa-11761	1	52	listed	list	VERB
ajfa-11761	1	53	companies	company	NOUN
ajfa-11761	1	54	d.k.y	d.k.y	PROPN
ajfa-11761	1	55	.	.	PROPN
ajfa-11761	1	56	abeywardhana	abeywardhana	PROPN
ajfa-11761	1	57	department	department	PROPN
ajfa-11761	1	58	of	of	ADP
ajfa-11761	1	59	accountancy	accountancy	NOUN
ajfa-11761	1	60	,	,	PUNCT
ajfa-11761	1	61	university	university	PROPN
ajfa-11761	1	62	of	of	ADP
ajfa-11761	1	63	kelaniya	kelaniya	PROPN
ajfa-11761	1	64	,	,	PUNCT
ajfa-11761	1	65	sri	sri	PROPN
ajfa-11761	1	66	lanka	lanka	PROPN
ajfa-11761	1	67	e	e	PROPN
ajfa-11761	1	68	-	-	NOUN
ajfa-11761	1	69	mail	mail	NOUN
ajfa-11761	1	70	:	:	PUNCT
ajfa-11761	1	71	dilyapa@kln.ac.lk	dilyapa@kln.ac.lk	PROPN
ajfa-11761	1	72	k.m.r.magoro	k.m.r.magoro	PROPN
ajfa-11761	1	73	e	e	NOUN
ajfa-11761	1	74	-	-	NOUN
ajfa-11761	1	75	mail	mail	NOUN
ajfa-11761	1	76	:	:	PUNCT
ajfa-11761	1	77	kmr2175@gmail.com	kmr2175@gmail.com	PROPN
ajfa-11761	1	78	received	receive	VERB
ajfa-11761	1	79	:	:	PUNCT
ajfa-11761	1	80	july3	july3	PROPN
ajfa-11761	1	81	,	,	PUNCT
ajfa-11761	1	82	2017	2017	NUM
ajfa-11761	1	83	accepted	accept	VERB
ajfa-11761	1	84	:	:	PUNCT
ajfa-11761	1	85	october	october	PROPN
ajfa-11761	1	86	4	4	NUM
ajfa-11761	1	87	,	,	PUNCT
ajfa-11761	1	88	2017	2017	NUM
ajfa-11761	1	89	published	publish	VERB
ajfa-11761	1	90	:	:	PUNCT
ajfa-11761	1	91	december	december	PROPN
ajfa-11761	1	92	1	1	NUM
ajfa-11761	1	93	,	,	PUNCT
ajfa-11761	1	94	2017	2017	NUM
ajfa-11761	1	95	doi:10.5296	doi:10.5296	NOUN
ajfa-11761	1	96	/	/	SYM
ajfa-11761	1	97	ajfa.v9i2.11761	ajfa.v9i2.11761	NUM
ajfa-11761	1	98	url	url	NOUN
ajfa-11761	1	99	:	:	PUNCT
ajfa-11761	1	100	https://doi.org/10.5296/ajfa.v9i2.11761	https://doi.org/10.5296/ajfa.v9i2.11761	NOUN
ajfa-11761	1	101	abstract	abstract	NOUN
ajfa-11761	1	102	this	this	DET
ajfa-11761	1	103	study	study	NOUN
ajfa-11761	1	104	compares	compare	VERB
ajfa-11761	1	105	how	how	SCONJ
ajfa-11761	1	106	the	the	DET
ajfa-11761	1	107	debt	debt	NOUN
ajfa-11761	1	108	capital	capital	NOUN
ajfa-11761	1	109	of	of	ADP
ajfa-11761	1	110	the	the	DET
ajfa-11761	1	111	listed	list	VERB
ajfa-11761	1	112	companies	company	NOUN
ajfa-11761	1	113	operating	operate	VERB
ajfa-11761	1	114	in	in	ADP
ajfa-11761	1	115	the	the	DET
ajfa-11761	1	116	wholesale	wholesale	ADJ
ajfa-11761	1	117	and	and	CCONJ
ajfa-11761	1	118	retail	retail	ADJ
ajfa-11761	1	119	sectors	sector	NOUN
ajfa-11761	1	120	of	of	ADP
ajfa-11761	1	121	south	south	PROPN
ajfa-11761	1	122	africa	africa	PROPN
ajfa-11761	1	123	and	and	CCONJ
ajfa-11761	1	124	sri	sri	PROPN
ajfa-11761	1	125	lanka	lanka	PROPN
ajfa-11761	1	126	affect	affect	VERB
ajfa-11761	1	127	their	their	PRON
ajfa-11761	1	128	financial	financial	ADJ
ajfa-11761	1	129	performance	performance	NOUN
ajfa-11761	1	130	.	.	PUNCT
ajfa-11761	2	1	objective	objective	NOUN
ajfa-11761	2	2	of	of	ADP
ajfa-11761	2	3	this	this	DET
ajfa-11761	2	4	study	study	NOUN
ajfa-11761	2	5	is	be	AUX
ajfa-11761	2	6	to	to	PART
ajfa-11761	2	7	examine	examine	VERB
ajfa-11761	2	8	whether	whether	SCONJ
ajfa-11761	2	9	debt	debt	NOUN
ajfa-11761	2	10	capital	capital	NOUN
ajfa-11761	2	11	affects	affect	VERB
ajfa-11761	2	12	the	the	DET
ajfa-11761	2	13	financial	financial	ADJ
ajfa-11761	2	14	performance	performance	NOUN
ajfa-11761	2	15	of	of	ADP
ajfa-11761	2	16	the	the	DET
ajfa-11761	2	17	wholesale	wholesale	ADJ
ajfa-11761	2	18	and	and	CCONJ
ajfa-11761	2	19	retail	retail	ADJ
ajfa-11761	2	20	sector	sector	NOUN
ajfa-11761	2	21	companies	company	NOUN
ajfa-11761	2	22	in	in	ADP
ajfa-11761	2	23	south	south	PROPN
ajfa-11761	2	24	africa	africa	PROPN
ajfa-11761	2	25	and	and	CCONJ
ajfa-11761	2	26	sri	sri	PROPN
ajfa-11761	2	27	lanka	lanka	PROPN
ajfa-11761	2	28	.	.	PUNCT
ajfa-11761	3	1	to	to	PART
ajfa-11761	3	2	examine	examine	VERB
ajfa-11761	3	3	the	the	DET
ajfa-11761	3	4	impact	impact	NOUN
ajfa-11761	3	5	of	of	ADP
ajfa-11761	3	6	debt	debt	NOUN
ajfa-11761	3	7	financing	financing	NOUN
ajfa-11761	3	8	on	on	ADP
ajfa-11761	3	9	financial	financial	ADJ
ajfa-11761	3	10	performance	performance	NOUN
ajfa-11761	3	11	of	of	ADP
ajfa-11761	3	12	companies	company	NOUN
ajfa-11761	3	13	over	over	ADP
ajfa-11761	3	14	the	the	DET
ajfa-11761	3	15	2011	2011	NUM
ajfa-11761	3	16	-	-	SYM
ajfa-11761	3	17	2015	2015	NUM
ajfa-11761	3	18	period	period	NOUN
ajfa-11761	3	19	.	.	PUNCT
ajfa-11761	4	1	fixed	fix	VERB
ajfa-11761	4	2	-	-	PUNCT
ajfa-11761	4	3	effects	effect	NOUN
ajfa-11761	4	4	(	(	PUNCT
ajfa-11761	4	5	within	within	ADP
ajfa-11761	4	6	)	)	PUNCT
ajfa-11761	4	7	regression	regression	NOUN
ajfa-11761	4	8	model	model	NOUN
ajfa-11761	4	9	was	be	AUX
ajfa-11761	4	10	used	use	VERB
ajfa-11761	4	11	.	.	PUNCT
ajfa-11761	5	1	the	the	DET
ajfa-11761	5	2	findings	finding	NOUN
ajfa-11761	5	3	the	the	DET
ajfa-11761	5	4	study	study	NOUN
ajfa-11761	5	5	confirms	confirm	VERB
ajfa-11761	5	6	that	that	SCONJ
ajfa-11761	5	7	debt	debt	NOUN
ajfa-11761	5	8	financing	financing	NOUN
ajfa-11761	5	9	,	,	PUNCT
ajfa-11761	5	10	in	in	ADP
ajfa-11761	5	11	terms	term	NOUN
ajfa-11761	5	12	of	of	ADP
ajfa-11761	5	13	short	short	ADJ
ajfa-11761	5	14	-	-	PUNCT
ajfa-11761	5	15	term	term	NOUN
ajfa-11761	5	16	debt	debt	NOUN
ajfa-11761	5	17	and	and	CCONJ
ajfa-11761	5	18	long	long	ADJ
ajfa-11761	5	19	-	-	PUNCT
ajfa-11761	5	20	term	term	NOUN
ajfa-11761	5	21	debt	debt	NOUN
ajfa-11761	5	22	,	,	PUNCT
ajfa-11761	5	23	has	have	VERB
ajfa-11761	5	24	a	a	DET
ajfa-11761	5	25	negative	negative	ADJ
ajfa-11761	5	26	impact	impact	NOUN
ajfa-11761	5	27	on	on	ADP
ajfa-11761	5	28	the	the	DET
ajfa-11761	5	29	financial	financial	ADJ
ajfa-11761	5	30	performance	performance	NOUN
ajfa-11761	5	31	of	of	ADP
ajfa-11761	5	32	wholesale	wholesale	ADJ
ajfa-11761	5	33	and	and	CCONJ
ajfa-11761	5	34	retail	retail	ADJ
ajfa-11761	5	35	sector	sector	NOUN
ajfa-11761	5	36	companies	company	NOUN
ajfa-11761	5	37	in	in	ADP
ajfa-11761	5	38	the	the	DET
ajfa-11761	5	39	context	context	NOUN
ajfa-11761	5	40	of	of	ADP
ajfa-11761	5	41	south	south	PROPN
ajfa-11761	5	42	africa	africa	PROPN
ajfa-11761	5	43	.	.	PUNCT
ajfa-11761	6	1	in	in	ADP
ajfa-11761	6	2	sri	sri	PROPN
ajfa-11761	6	3	lanka	lanka	PROPN
ajfa-11761	6	4	,	,	PUNCT
ajfa-11761	6	5	debt	debt	NOUN
ajfa-11761	6	6	financing	financing	NOUN
ajfa-11761	6	7	,	,	PUNCT
ajfa-11761	6	8	in	in	ADP
ajfa-11761	6	9	terms	term	NOUN
ajfa-11761	6	10	of	of	ADP
ajfa-11761	6	11	short	short	ADJ
ajfa-11761	6	12	-	-	PUNCT
ajfa-11761	6	13	term	term	NOUN
ajfa-11761	6	14	debt	debt	NOUN
ajfa-11761	6	15	has	have	VERB
ajfa-11761	6	16	a	a	DET
ajfa-11761	6	17	negative	negative	ADJ
ajfa-11761	6	18	impact	impact	NOUN
ajfa-11761	6	19	on	on	ADP
ajfa-11761	6	20	firm	firm	ADJ
ajfa-11761	6	21	performance	performance	NOUN
ajfa-11761	6	22	,	,	PUNCT
ajfa-11761	6	23	while	while	SCONJ
ajfa-11761	6	24	long	long	ADJ
ajfa-11761	6	25	-	-	PUNCT
ajfa-11761	6	26	term	term	NOUN
ajfa-11761	6	27	debt	debt	NOUN
ajfa-11761	6	28	has	have	VERB
ajfa-11761	6	29	a	a	DET
ajfa-11761	6	30	positive	positive	ADJ
ajfa-11761	6	31	impact	impact	NOUN
ajfa-11761	6	32	.	.	PUNCT
ajfa-11761	7	1	this	this	DET
ajfa-11761	7	2	study	study	NOUN
ajfa-11761	7	3	gives	give	VERB
ajfa-11761	7	4	special	special	ADJ
ajfa-11761	7	5	focus	focus	NOUN
ajfa-11761	7	6	to	to	PART
ajfa-11761	7	7	identify	identify	VERB
ajfa-11761	7	8	in	in	ADP
ajfa-11761	7	9	which	which	PRON
ajfa-11761	7	10	industries	industry	NOUN
ajfa-11761	7	11	do	do	VERB
ajfa-11761	7	12	different	different	ADJ
ajfa-11761	7	13	components	component	NOUN
ajfa-11761	7	14	of	of	ADP
ajfa-11761	7	15	the	the	DET
ajfa-11761	7	16	capital	capital	NOUN
ajfa-11761	7	17	structure	structure	NOUN
ajfa-11761	7	18	have	have	VERB
ajfa-11761	7	19	significant	significant	ADJ
ajfa-11761	7	20	impact	impact	NOUN
ajfa-11761	7	21	or	or	CCONJ
ajfa-11761	7	22	weak	weak	ADJ
ajfa-11761	7	23	-	-	PUNCT
ajfa-11761	7	24	to	to	ADP
ajfa-11761	7	25	-	-	PUNCT
ajfa-11761	7	26	no	no	PRON
ajfa-11761	7	27	impact	impact	NOUN
ajfa-11761	7	28	on	on	ADP
ajfa-11761	7	29	firm	firm	ADJ
ajfa-11761	7	30	performances	performance	NOUN
ajfa-11761	7	31	.	.	PUNCT
ajfa-11761	8	1	this	this	PRON
ajfa-11761	8	2	suggests	suggest	VERB
ajfa-11761	8	3	for	for	SCONJ
ajfa-11761	8	4	the	the	DET
ajfa-11761	8	5	south	south	ADJ
ajfa-11761	8	6	african	african	ADJ
ajfa-11761	8	7	wholesale	wholesale	ADJ
ajfa-11761	8	8	and	and	CCONJ
ajfa-11761	8	9	retail	retail	ADJ
ajfa-11761	8	10	sector	sector	NOUN
ajfa-11761	8	11	can	can	AUX
ajfa-11761	8	12	use	use	VERB
ajfa-11761	8	13	equity	equity	NOUN
ajfa-11761	8	14	capital	capital	NOUN
ajfa-11761	8	15	and	and	CCONJ
ajfa-11761	8	16	retained	retain	VERB
ajfa-11761	8	17	earnings	earning	NOUN
ajfa-11761	8	18	efficiently	efficiently	ADV
ajfa-11761	8	19	,	,	PUNCT
ajfa-11761	8	20	thereby	thereby	ADV
ajfa-11761	8	21	minimizing	minimize	VERB
ajfa-11761	8	22	conflicts	conflict	NOUN
ajfa-11761	8	23	of	of	ADP
ajfa-11761	8	24	agency	agency	NOUN
ajfa-11761	8	25	or	or	CCONJ
ajfa-11761	8	26	agency	agency	NOUN
ajfa-11761	8	27	costs	cost	NOUN
ajfa-11761	8	28	and	and	CCONJ
ajfa-11761	8	29	remaining	remain	VERB
ajfa-11761	8	30	independent	independent	ADJ
ajfa-11761	8	31	of	of	ADP
ajfa-11761	8	32	external	external	ADJ
ajfa-11761	8	33	financiers	financier	NOUN
ajfa-11761	8	34	.	.	PUNCT
ajfa-11761	9	1	in	in	ADP
ajfa-11761	9	2	the	the	DET
ajfa-11761	9	3	case	case	NOUN
ajfa-11761	9	4	of	of	ADP
ajfa-11761	9	5	sri	sri	PROPN
ajfa-11761	9	6	lanka	lanka	PROPN
ajfa-11761	9	7	,	,	PUNCT
ajfa-11761	9	8	the	the	DET
ajfa-11761	9	9	owners	owner	NOUN
ajfa-11761	9	10	and	and	CCONJ
ajfa-11761	9	11	asian	asian	ADJ
ajfa-11761	9	12	journal	journal	NOUN
ajfa-11761	9	13	of	of	ADP
ajfa-11761	9	14	finance	finance	PROPN
ajfa-11761	9	15	&	&	CCONJ
ajfa-11761	9	16	accounting	accounting	PROPN
ajfa-11761	9	17	issn	issn	PROPN
ajfa-11761	9	18	1946	1946	NUM
ajfa-11761	9	19	-	-	PUNCT
ajfa-11761	9	20	052x	052x	PROPN
ajfa-11761	9	21	2017	2017	NUM
ajfa-11761	9	22	,	,	PUNCT
ajfa-11761	9	23	vol	vol	NOUN
ajfa-11761	9	24	.	.	NOUN
ajfa-11761	9	25	9	9	NUM
ajfa-11761	9	26	,	,	PUNCT
ajfa-11761	9	27	no	no	INTJ
ajfa-11761	9	28	.	.	NOUN
ajfa-11761	9	29	2	2	NUM
ajfa-11761	9	30	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	9	31	104	104	NUM
ajfa-11761	9	32	managers	manager	NOUN
ajfa-11761	9	33	of	of	ADP
ajfa-11761	9	34	the	the	DET
ajfa-11761	9	35	retail	retail	ADJ
ajfa-11761	9	36	companies	company	NOUN
ajfa-11761	9	37	should	should	AUX
ajfa-11761	9	38	consider	consider	VERB
ajfa-11761	9	39	reducing	reduce	VERB
ajfa-11761	9	40	the	the	DET
ajfa-11761	9	41	use	use	NOUN
ajfa-11761	9	42	of	of	ADP
ajfa-11761	9	43	short	short	ADJ
ajfa-11761	9	44	-	-	PUNCT
ajfa-11761	9	45	term	term	NOUN
ajfa-11761	9	46	debt	debt	NOUN
ajfa-11761	9	47	and	and	CCONJ
ajfa-11761	9	48	increase	increase	VERB
ajfa-11761	9	49	long	long	ADJ
ajfa-11761	9	50	-	-	PUNCT
ajfa-11761	9	51	term	term	NOUN
ajfa-11761	9	52	debt	debt	NOUN
ajfa-11761	9	53	capital	capital	NOUN
ajfa-11761	9	54	as	as	SCONJ
ajfa-11761	9	55	long	long	ADJ
ajfa-11761	9	56	-	-	PUNCT
ajfa-11761	9	57	term	term	NOUN
ajfa-11761	9	58	debt	debt	NOUN
ajfa-11761	9	59	seems	seem	VERB
ajfa-11761	9	60	to	to	PART
ajfa-11761	9	61	influence	influence	VERB
ajfa-11761	9	62	their	their	PRON
ajfa-11761	9	63	financial	financial	ADJ
ajfa-11761	9	64	performances	performance	NOUN
ajfa-11761	9	65	positively	positively	ADV
ajfa-11761	9	66	.	.	PUNCT
ajfa-11761	10	1	keywords	keyword	NOUN
ajfa-11761	10	2	:	:	PUNCT
ajfa-11761	10	3	debt	debt	NOUN
ajfa-11761	10	4	capital	capital	NOUN
ajfa-11761	10	5	,	,	PUNCT
ajfa-11761	10	6	financial	financial	ADJ
ajfa-11761	10	7	performance	performance	NOUN
ajfa-11761	10	8	,	,	PUNCT
ajfa-11761	10	9	south	south	PROPN
ajfa-11761	10	10	africa	africa	PROPN
ajfa-11761	10	11	,	,	PUNCT
ajfa-11761	10	12	sri	sri	PROPN
ajfa-11761	10	13	lanka	lanka	PROPN
ajfa-11761	10	14	;	;	PUNCT
ajfa-11761	10	15	capital	capital	NOUN
ajfa-11761	10	16	structure	structure	NOUN
ajfa-11761	10	17	asian	asian	PROPN
ajfa-11761	10	18	journal	journal	PROPN
ajfa-11761	10	19	of	of	ADP
ajfa-11761	10	20	finance	finance	PROPN
ajfa-11761	10	21	&	&	CCONJ
ajfa-11761	10	22	accounting	accounting	PROPN
ajfa-11761	10	23	issn	issn	PROPN
ajfa-11761	10	24	1946	1946	NUM
ajfa-11761	10	25	-	-	PUNCT
ajfa-11761	10	26	052x	052x	PROPN
ajfa-11761	10	27	2017	2017	NUM
ajfa-11761	10	28	,	,	PUNCT
ajfa-11761	10	29	vol	vol	NOUN
ajfa-11761	10	30	.	.	NOUN
ajfa-11761	10	31	9	9	NUM
ajfa-11761	10	32	,	,	PUNCT
ajfa-11761	10	33	no	no	NOUN
ajfa-11761	10	34	.	.	NOUN
ajfa-11761	10	35	2	2	NUM
ajfa-11761	10	36	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	10	37	105	105	NUM
ajfa-11761	10	38	1	1	NUM
ajfa-11761	10	39	.	.	PUNCT
ajfa-11761	11	1	introduction	introduction	NOUN
ajfa-11761	11	2	firms	firm	NOUN
ajfa-11761	11	3	of	of	ADP
ajfa-11761	11	4	different	different	ADJ
ajfa-11761	11	5	sizes	size	NOUN
ajfa-11761	11	6	often	often	ADV
ajfa-11761	11	7	have	have	VERB
ajfa-11761	11	8	a	a	DET
ajfa-11761	11	9	common	common	ADJ
ajfa-11761	11	10	problem	problem	NOUN
ajfa-11761	11	11	,	,	PUNCT
ajfa-11761	11	12	which	which	PRON
ajfa-11761	11	13	is	be	AUX
ajfa-11761	11	14	,	,	PUNCT
ajfa-11761	11	15	deciding	decide	VERB
ajfa-11761	11	16	on	on	ADP
ajfa-11761	11	17	whether	whether	SCONJ
ajfa-11761	11	18	to	to	PART
ajfa-11761	11	19	use	use	VERB
ajfa-11761	11	20	debt	debt	NOUN
ajfa-11761	11	21	or	or	CCONJ
ajfa-11761	11	22	equity	equity	NOUN
ajfa-11761	11	23	or	or	CCONJ
ajfa-11761	11	24	both	both	PRON
ajfa-11761	11	25	to	to	PART
ajfa-11761	11	26	finance	finance	VERB
ajfa-11761	11	27	their	their	PRON
ajfa-11761	11	28	operations	operation	NOUN
ajfa-11761	11	29	.	.	PUNCT
ajfa-11761	12	1	the	the	DET
ajfa-11761	12	2	decision	decision	NOUN
ajfa-11761	12	3	is	be	AUX
ajfa-11761	12	4	of	of	ADP
ajfa-11761	12	5	extreme	extreme	ADJ
ajfa-11761	12	6	importance	importance	NOUN
ajfa-11761	12	7	given	give	VERB
ajfa-11761	12	8	the	the	DET
ajfa-11761	12	9	impact	impact	NOUN
ajfa-11761	12	10	it	it	PRON
ajfa-11761	12	11	has	have	VERB
ajfa-11761	12	12	on	on	ADP
ajfa-11761	12	13	firm	firm	ADJ
ajfa-11761	12	14	value	value	NOUN
ajfa-11761	12	15	and	and	CCONJ
ajfa-11761	12	16	performance	performance	NOUN
ajfa-11761	12	17	.	.	PUNCT
ajfa-11761	13	1	the	the	DET
ajfa-11761	13	2	capital	capital	NOUN
ajfa-11761	13	3	structure	structure	NOUN
ajfa-11761	13	4	of	of	ADP
ajfa-11761	13	5	a	a	DET
ajfa-11761	13	6	firm	firm	NOUN
ajfa-11761	13	7	is	be	AUX
ajfa-11761	13	8	a	a	DET
ajfa-11761	13	9	specific	specific	ADJ
ajfa-11761	13	10	mix	mix	NOUN
ajfa-11761	13	11	of	of	ADP
ajfa-11761	13	12	debt	debt	NOUN
ajfa-11761	13	13	and	and	CCONJ
ajfa-11761	13	14	equity	equity	NOUN
ajfa-11761	13	15	the	the	DET
ajfa-11761	13	16	firm	firm	NOUN
ajfa-11761	13	17	uses	use	VERB
ajfa-11761	13	18	to	to	PART
ajfa-11761	13	19	finance	finance	VERB
ajfa-11761	13	20	its	its	PRON
ajfa-11761	13	21	operations	operation	NOUN
ajfa-11761	13	22	(	(	PUNCT
ajfa-11761	13	23	abor	abor	NOUN
ajfa-11761	13	24	,	,	PUNCT
ajfa-11761	13	25	2005	2005	NUM
ajfa-11761	13	26	)	)	PUNCT
ajfa-11761	13	27	.	.	PUNCT
ajfa-11761	14	1	there	there	PRON
ajfa-11761	14	2	are	be	VERB
ajfa-11761	14	3	many	many	ADJ
ajfa-11761	14	4	alternative	alternative	ADJ
ajfa-11761	14	5	capital	capital	NOUN
ajfa-11761	14	6	structures	structure	NOUN
ajfa-11761	14	7	from	from	ADP
ajfa-11761	14	8	which	which	PRON
ajfa-11761	14	9	the	the	DET
ajfa-11761	14	10	firm	firm	NOUN
ajfa-11761	14	11	can	can	AUX
ajfa-11761	14	12	choose	choose	VERB
ajfa-11761	14	13	.	.	PUNCT
ajfa-11761	15	1	it	it	PRON
ajfa-11761	15	2	has	have	VERB
ajfa-11761	15	3	the	the	DET
ajfa-11761	15	4	option	option	NOUN
ajfa-11761	15	5	,	,	PUNCT
ajfa-11761	15	6	if	if	SCONJ
ajfa-11761	15	7	it	it	PRON
ajfa-11761	15	8	can	can	AUX
ajfa-11761	15	9	,	,	PUNCT
ajfa-11761	15	10	to	to	PART
ajfa-11761	15	11	issue	issue	VERB
ajfa-11761	15	12	a	a	DET
ajfa-11761	15	13	large	large	ADJ
ajfa-11761	15	14	amount	amount	NOUN
ajfa-11761	15	15	of	of	ADP
ajfa-11761	15	16	debt	debt	NOUN
ajfa-11761	15	17	or	or	CCONJ
ajfa-11761	15	18	very	very	ADV
ajfa-11761	15	19	little	little	ADJ
ajfa-11761	15	20	debt	debt	NOUN
ajfa-11761	15	21	.	.	PUNCT
ajfa-11761	16	1	it	it	PRON
ajfa-11761	16	2	can	can	AUX
ajfa-11761	16	3	also	also	ADV
ajfa-11761	16	4	finance	finance	VERB
ajfa-11761	16	5	its	its	PRON
ajfa-11761	16	6	business	business	NOUN
ajfa-11761	16	7	operations	operation	NOUN
ajfa-11761	16	8	by	by	ADP
ajfa-11761	16	9	means	mean	NOUN
ajfa-11761	16	10	of	of	ADP
ajfa-11761	16	11	leasing	leasing	NOUN
ajfa-11761	16	12	,	,	PUNCT
ajfa-11761	16	13	issue	issue	NOUN
ajfa-11761	16	14	convertible	convertible	ADJ
ajfa-11761	16	15	bonds	bond	NOUN
ajfa-11761	16	16	,	,	PUNCT
ajfa-11761	16	17	use	use	VERB
ajfa-11761	16	18	warrants	warrant	NOUN
ajfa-11761	16	19	,	,	PUNCT
ajfa-11761	16	20	trade	trade	NOUN
ajfa-11761	16	21	bond	bond	NOUN
ajfa-11761	16	22	swaps	swap	NOUN
ajfa-11761	16	23	or	or	CCONJ
ajfa-11761	16	24	sign	sign	VERB
ajfa-11761	16	25	forward	forward	ADP
ajfa-11761	16	26	contracts	contract	NOUN
ajfa-11761	16	27	.	.	PUNCT
ajfa-11761	17	1	the	the	DET
ajfa-11761	17	2	firm	firm	NOUN
ajfa-11761	17	3	can	can	AUX
ajfa-11761	17	4	issue	issue	VERB
ajfa-11761	17	5	a	a	DET
ajfa-11761	17	6	lot	lot	NOUN
ajfa-11761	17	7	of	of	ADP
ajfa-11761	17	8	various	various	ADJ
ajfa-11761	17	9	securities	security	NOUN
ajfa-11761	17	10	in	in	ADP
ajfa-11761	17	11	countless	countless	ADJ
ajfa-11761	17	12	combinations	combination	NOUN
ajfa-11761	17	13	.	.	PUNCT
ajfa-11761	18	1	it	it	PRON
ajfa-11761	18	2	is	be	AUX
ajfa-11761	18	3	important	important	ADJ
ajfa-11761	18	4	for	for	ADP
ajfa-11761	18	5	the	the	DET
ajfa-11761	18	6	firm	firm	NOUN
ajfa-11761	18	7	however	however	ADV
ajfa-11761	18	8	,	,	PUNCT
ajfa-11761	18	9	to	to	PART
ajfa-11761	18	10	find	find	VERB
ajfa-11761	18	11	the	the	DET
ajfa-11761	18	12	particular	particular	ADJ
ajfa-11761	18	13	combination	combination	NOUN
ajfa-11761	18	14	of	of	ADP
ajfa-11761	18	15	debt	debt	NOUN
ajfa-11761	18	16	and	and	CCONJ
ajfa-11761	18	17	equity	equity	NOUN
ajfa-11761	18	18	that	that	PRON
ajfa-11761	18	19	maximizes	maximize	VERB
ajfa-11761	18	20	its	its	PRON
ajfa-11761	18	21	overall	overall	ADJ
ajfa-11761	18	22	market	market	NOUN
ajfa-11761	18	23	value	value	NOUN
ajfa-11761	18	24	(	(	PUNCT
ajfa-11761	18	25	abor	abor	NOUN
ajfa-11761	18	26	,	,	PUNCT
ajfa-11761	18	27	2007	2007	NUM
ajfa-11761	18	28	)	)	PUNCT
ajfa-11761	18	29	.	.	PUNCT
ajfa-11761	19	1	sharp	sharp	ADJ
ajfa-11761	19	2	and	and	CCONJ
ajfa-11761	19	3	practical	practical	ADJ
ajfa-11761	19	4	business	business	NOUN
ajfa-11761	19	5	managers	manager	NOUN
ajfa-11761	19	6	who	who	PRON
ajfa-11761	19	7	are	be	AUX
ajfa-11761	19	8	able	able	ADJ
ajfa-11761	19	9	to	to	PART
ajfa-11761	19	10	identify	identify	VERB
ajfa-11761	19	11	and	and	CCONJ
ajfa-11761	19	12	bring	bring	VERB
ajfa-11761	19	13	the	the	DET
ajfa-11761	19	14	appropriate	appropriate	ADJ
ajfa-11761	19	15	mix	mix	NOUN
ajfa-11761	19	16	of	of	ADP
ajfa-11761	19	17	debt	debt	NOUN
ajfa-11761	19	18	and	and	CCONJ
ajfa-11761	19	19	equity	equity	NOUN
ajfa-11761	19	20	into	into	ADP
ajfa-11761	19	21	effective	effective	ADJ
ajfa-11761	19	22	action	action	NOUN
ajfa-11761	19	23	are	be	AUX
ajfa-11761	19	24	fully	fully	ADV
ajfa-11761	19	25	rewarded	reward	VERB
ajfa-11761	19	26	in	in	ADP
ajfa-11761	19	27	the	the	DET
ajfa-11761	19	28	marketplace	marketplace	NOUN
ajfa-11761	19	29	because	because	SCONJ
ajfa-11761	19	30	this	this	DET
ajfa-11761	19	31	optimum	optimum	ADJ
ajfa-11761	19	32	composition	composition	NOUN
ajfa-11761	19	33	of	of	ADP
ajfa-11761	19	34	debt	debt	NOUN
ajfa-11761	19	35	and	and	CCONJ
ajfa-11761	19	36	equity	equity	NOUN
ajfa-11761	19	37	minimizes	minimize	VERB
ajfa-11761	19	38	the	the	DET
ajfa-11761	19	39	cost	cost	NOUN
ajfa-11761	19	40	of	of	ADP
ajfa-11761	19	41	financing	financing	NOUN
ajfa-11761	19	42	of	of	ADP
ajfa-11761	19	43	the	the	DET
ajfa-11761	19	44	firm	firm	NOUN
ajfa-11761	19	45	,	,	PUNCT
ajfa-11761	19	46	all	all	DET
ajfa-11761	19	47	things	thing	NOUN
ajfa-11761	19	48	being	be	AUX
ajfa-11761	19	49	equal	equal	ADJ
ajfa-11761	19	50	.	.	PUNCT
ajfa-11761	20	1	given	give	VERB
ajfa-11761	20	2	revenue	revenue	NOUN
ajfa-11761	20	3	and	and	CCONJ
ajfa-11761	20	4	pre	pre	ADJ
ajfa-11761	20	5	-	-	ADJ
ajfa-11761	20	6	financing	financing	ADJ
ajfa-11761	20	7	profit	profit	NOUN
ajfa-11761	20	8	streams	stream	NOUN
ajfa-11761	20	9	that	that	PRON
ajfa-11761	20	10	are	be	AUX
ajfa-11761	20	11	generated	generate	VERB
ajfa-11761	20	12	through	through	ADP
ajfa-11761	20	13	non	non	ADJ
ajfa-11761	20	14	-	-	ADJ
ajfa-11761	20	15	financial	financial	ADJ
ajfa-11761	20	16	factors	factor	NOUN
ajfa-11761	20	17	,	,	PUNCT
ajfa-11761	20	18	minimizing	minimize	VERB
ajfa-11761	20	19	cost	cost	NOUN
ajfa-11761	20	20	of	of	ADP
ajfa-11761	20	21	financing	financing	NOUN
ajfa-11761	20	22	maximizes	maximize	VERB
ajfa-11761	20	23	net	net	ADJ
ajfa-11761	20	24	returns	return	NOUN
ajfa-11761	20	25	for	for	ADP
ajfa-11761	20	26	the	the	DET
ajfa-11761	20	27	firm	firm	NOUN
ajfa-11761	20	28	,	,	PUNCT
ajfa-11761	20	29	thereby	thereby	ADV
ajfa-11761	20	30	improving	improve	VERB
ajfa-11761	20	31	its	its	PRON
ajfa-11761	20	32	competitive	competitive	ADJ
ajfa-11761	20	33	advantage	advantage	NOUN
ajfa-11761	20	34	in	in	ADP
ajfa-11761	20	35	the	the	DET
ajfa-11761	20	36	marketplace	marketplace	NOUN
ajfa-11761	20	37	(	(	PUNCT
ajfa-11761	20	38	gleason	gleason	PROPN
ajfa-11761	20	39	,	,	PUNCT
ajfa-11761	20	40	mathur	mathur	PROPN
ajfa-11761	20	41	and	and	CCONJ
ajfa-11761	20	42	mathur	mathur	PROPN
ajfa-11761	20	43	,	,	PUNCT
ajfa-11761	20	44	2000	2000	NUM
ajfa-11761	20	45	)	)	PUNCT
ajfa-11761	20	46	.	.	PUNCT
ajfa-11761	21	1	gleason	gleason	PROPN
ajfa-11761	21	2	et	et	PROPN
ajfa-11761	21	3	al	al	PROPN
ajfa-11761	21	4	.	.	PROPN
ajfa-11761	22	1	(	(	PUNCT
ajfa-11761	22	2	2000	2000	NUM
ajfa-11761	22	3	)	)	PUNCT
ajfa-11761	22	4	suggested	suggest	VERB
ajfa-11761	22	5	that	that	SCONJ
ajfa-11761	22	6	utilization	utilization	NOUN
ajfa-11761	22	7	of	of	ADP
ajfa-11761	22	8	different	different	ADJ
ajfa-11761	22	9	levels	level	NOUN
ajfa-11761	22	10	of	of	ADP
ajfa-11761	22	11	debt	debt	NOUN
ajfa-11761	22	12	and	and	CCONJ
ajfa-11761	22	13	equity	equity	NOUN
ajfa-11761	22	14	in	in	ADP
ajfa-11761	22	15	the	the	DET
ajfa-11761	22	16	firm	firm	NOUN
ajfa-11761	22	17	’s	’s	PART
ajfa-11761	22	18	capital	capital	NOUN
ajfa-11761	22	19	structure	structure	NOUN
ajfa-11761	22	20	is	be	AUX
ajfa-11761	22	21	one	one	NUM
ajfa-11761	22	22	such	such	ADJ
ajfa-11761	22	23	firm	firm	ADJ
ajfa-11761	22	24	-	-	PUNCT
ajfa-11761	22	25	specific	specific	ADJ
ajfa-11761	22	26	strategy	strategy	NOUN
ajfa-11761	22	27	used	use	VERB
ajfa-11761	22	28	by	by	ADP
ajfa-11761	22	29	managers	manager	NOUN
ajfa-11761	22	30	in	in	ADP
ajfa-11761	22	31	search	search	NOUN
ajfa-11761	22	32	for	for	ADP
ajfa-11761	22	33	improved	improved	ADJ
ajfa-11761	22	34	performance	performance	NOUN
ajfa-11761	22	35	.	.	PUNCT
ajfa-11761	23	1	the	the	DET
ajfa-11761	23	2	interplay	interplay	NOUN
ajfa-11761	23	3	between	between	ADP
ajfa-11761	23	4	capital	capital	NOUN
ajfa-11761	23	5	structure	structure	NOUN
ajfa-11761	23	6	and	and	CCONJ
ajfa-11761	23	7	firm	firm	ADJ
ajfa-11761	23	8	performance	performance	NOUN
ajfa-11761	23	9	is	be	AUX
ajfa-11761	23	10	a	a	DET
ajfa-11761	23	11	crucial	crucial	ADJ
ajfa-11761	23	12	and	and	CCONJ
ajfa-11761	23	13	frequently	frequently	ADV
ajfa-11761	23	14	discussed	discuss	VERB
ajfa-11761	23	15	issue	issue	NOUN
ajfa-11761	23	16	,	,	PUNCT
ajfa-11761	23	17	and	and	CCONJ
ajfa-11761	23	18	has	have	AUX
ajfa-11761	23	19	been	be	AUX
ajfa-11761	23	20	the	the	DET
ajfa-11761	23	21	subject	subject	NOUN
ajfa-11761	23	22	of	of	ADP
ajfa-11761	23	23	many	many	ADJ
ajfa-11761	23	24	studies	study	NOUN
ajfa-11761	23	25	.	.	PUNCT
ajfa-11761	24	1	modigliani	modigliani	PROPN
ajfa-11761	24	2	and	and	CCONJ
ajfa-11761	24	3	miller	miller	PROPN
ajfa-11761	24	4	(	(	PUNCT
ajfa-11761	24	5	1958	1958	NUM
ajfa-11761	24	6	)	)	PUNCT
ajfa-11761	24	7	were	be	AUX
ajfa-11761	24	8	the	the	DET
ajfa-11761	24	9	pioneers	pioneer	NOUN
ajfa-11761	24	10	of	of	ADP
ajfa-11761	24	11	this	this	DET
ajfa-11761	24	12	study	study	NOUN
ajfa-11761	24	13	area	area	NOUN
ajfa-11761	24	14	,	,	PUNCT
ajfa-11761	24	15	and	and	CCONJ
ajfa-11761	24	16	since	since	SCONJ
ajfa-11761	24	17	then	then	ADV
ajfa-11761	24	18	there	there	PRON
ajfa-11761	24	19	have	have	AUX
ajfa-11761	24	20	been	be	AUX
ajfa-11761	24	21	a	a	DET
ajfa-11761	24	22	wide	wide	ADJ
ajfa-11761	24	23	range	range	NOUN
ajfa-11761	24	24	of	of	ADP
ajfa-11761	24	25	contributors	contributor	NOUN
ajfa-11761	24	26	that	that	PRON
ajfa-11761	24	27	have	have	AUX
ajfa-11761	24	28	stretched	stretch	VERB
ajfa-11761	24	29	this	this	DET
ajfa-11761	24	30	supposed	suppose	VERB
ajfa-11761	24	31	solution	solution	NOUN
ajfa-11761	24	32	further	far	ADV
ajfa-11761	24	33	.	.	PUNCT
ajfa-11761	25	1	the	the	DET
ajfa-11761	25	2	choice	choice	NOUN
ajfa-11761	25	3	of	of	ADP
ajfa-11761	25	4	capital	capital	NOUN
ajfa-11761	25	5	structure	structure	NOUN
ajfa-11761	25	6	(	(	PUNCT
ajfa-11761	25	7	the	the	DET
ajfa-11761	25	8	composition	composition	NOUN
ajfa-11761	25	9	of	of	ADP
ajfa-11761	25	10	debt	debt	NOUN
ajfa-11761	25	11	and	and	CCONJ
ajfa-11761	25	12	equity	equity	NOUN
ajfa-11761	25	13	)	)	PUNCT
ajfa-11761	25	14	is	be	AUX
ajfa-11761	25	15	greatly	greatly	ADV
ajfa-11761	25	16	linked	link	VERB
ajfa-11761	25	17	with	with	ADP
ajfa-11761	25	18	firm	firm	ADJ
ajfa-11761	25	19	performance	performance	NOUN
ajfa-11761	25	20	as	as	SCONJ
ajfa-11761	25	21	capital	capital	NOUN
ajfa-11761	25	22	structure	structure	NOUN
ajfa-11761	25	23	is	be	AUX
ajfa-11761	25	24	said	say	VERB
ajfa-11761	25	25	to	to	PART
ajfa-11761	25	26	play	play	VERB
ajfa-11761	25	27	a	a	DET
ajfa-11761	25	28	determinant	determinant	ADJ
ajfa-11761	25	29	role	role	NOUN
ajfa-11761	25	30	in	in	ADP
ajfa-11761	25	31	firm	firm	ADJ
ajfa-11761	25	32	profitability	profitability	NOUN
ajfa-11761	25	33	.	.	PUNCT
ajfa-11761	26	1	modigliani	modigliani	PROPN
ajfa-11761	26	2	and	and	CCONJ
ajfa-11761	26	3	miller	miller	PROPN
ajfa-11761	26	4	(	(	PUNCT
ajfa-11761	26	5	1958	1958	NUM
ajfa-11761	26	6	)	)	PUNCT
ajfa-11761	26	7	developed	develop	VERB
ajfa-11761	26	8	a	a	DET
ajfa-11761	26	9	proposition	proposition	NOUN
ajfa-11761	26	10	highlighting	highlight	VERB
ajfa-11761	26	11	the	the	DET
ajfa-11761	26	12	irrelevance	irrelevance	NOUN
ajfa-11761	26	13	of	of	ADP
ajfa-11761	26	14	capital	capital	NOUN
ajfa-11761	26	15	structure	structure	NOUN
ajfa-11761	26	16	,	,	PUNCT
ajfa-11761	26	17	thereby	thereby	ADV
ajfa-11761	26	18	hypothesized	hypothesize	VERB
ajfa-11761	26	19	that	that	SCONJ
ajfa-11761	26	20	in	in	ADP
ajfa-11761	26	21	perfect	perfect	ADJ
ajfa-11761	26	22	markets	market	NOUN
ajfa-11761	26	23	,	,	PUNCT
ajfa-11761	26	24	it	it	PRON
ajfa-11761	26	25	matters	matter	VERB
ajfa-11761	26	26	not	not	PART
ajfa-11761	26	27	what	what	PRON
ajfa-11761	26	28	capital	capital	NOUN
ajfa-11761	26	29	structure	structure	NOUN
ajfa-11761	26	30	a	a	DET
ajfa-11761	26	31	company	company	NOUN
ajfa-11761	26	32	uses	use	VERB
ajfa-11761	26	33	to	to	PART
ajfa-11761	26	34	finance	finance	VERB
ajfa-11761	26	35	its	its	PRON
ajfa-11761	26	36	operations	operation	NOUN
ajfa-11761	26	37	as	as	ADP
ajfa-11761	26	38	a	a	DET
ajfa-11761	26	39	firm	firm	NOUN
ajfa-11761	26	40	’s	’s	PART
ajfa-11761	26	41	financing	financing	NOUN
ajfa-11761	26	42	choice	choice	NOUN
ajfa-11761	26	43	does	do	AUX
ajfa-11761	26	44	not	not	PART
ajfa-11761	26	45	affect	affect	VERB
ajfa-11761	26	46	its	its	PRON
ajfa-11761	26	47	capital	capital	NOUN
ajfa-11761	26	48	cost	cost	NOUN
ajfa-11761	26	49	,	,	PUNCT
ajfa-11761	26	50	value	value	NOUN
ajfa-11761	26	51	or	or	CCONJ
ajfa-11761	26	52	real	real	ADJ
ajfa-11761	26	53	operations	operation	NOUN
ajfa-11761	26	54	,	,	PUNCT
ajfa-11761	26	55	including	include	VERB
ajfa-11761	26	56	performance	performance	NOUN
ajfa-11761	26	57	.	.	PUNCT
ajfa-11761	27	1	the	the	DET
ajfa-11761	27	2	scholars	scholar	NOUN
ajfa-11761	27	3	theorized	theorize	VERB
ajfa-11761	27	4	that	that	SCONJ
ajfa-11761	27	5	the	the	DET
ajfa-11761	27	6	market	market	NOUN
ajfa-11761	27	7	value	value	NOUN
ajfa-11761	27	8	of	of	ADP
ajfa-11761	27	9	a	a	DET
ajfa-11761	27	10	firm	firm	NOUN
ajfa-11761	27	11	is	be	AUX
ajfa-11761	27	12	determined	determine	VERB
ajfa-11761	27	13	by	by	ADP
ajfa-11761	27	14	its	its	PRON
ajfa-11761	27	15	earning	earn	VERB
ajfa-11761	27	16	power	power	NOUN
ajfa-11761	27	17	and	and	CCONJ
ajfa-11761	27	18	by	by	ADP
ajfa-11761	27	19	the	the	DET
ajfa-11761	27	20	risk	risk	NOUN
ajfa-11761	27	21	of	of	ADP
ajfa-11761	27	22	its	its	PRON
ajfa-11761	27	23	underlying	underlie	VERB
ajfa-11761	27	24	assets	asset	NOUN
ajfa-11761	27	25	,	,	PUNCT
ajfa-11761	27	26	and	and	CCONJ
ajfa-11761	27	27	that	that	SCONJ
ajfa-11761	27	28	its	its	PRON
ajfa-11761	27	29	value	value	NOUN
ajfa-11761	27	30	is	be	AUX
ajfa-11761	27	31	independent	independent	ADJ
ajfa-11761	27	32	of	of	ADP
ajfa-11761	27	33	the	the	DET
ajfa-11761	27	34	way	way	NOUN
ajfa-11761	27	35	it	it	PRON
ajfa-11761	27	36	chooses	choose	VERB
ajfa-11761	27	37	to	to	PART
ajfa-11761	27	38	finance	finance	VERB
ajfa-11761	27	39	its	its	PRON
ajfa-11761	27	40	investments	investment	NOUN
ajfa-11761	27	41	or	or	CCONJ
ajfa-11761	27	42	distribute	distribute	VERB
ajfa-11761	27	43	dividends	dividend	NOUN
ajfa-11761	27	44	.	.	PUNCT
ajfa-11761	28	1	for	for	ADP
ajfa-11761	28	2	this	this	DET
ajfa-11761	28	3	view	view	NOUN
ajfa-11761	28	4	to	to	PART
ajfa-11761	28	5	hold	hold	VERB
ajfa-11761	28	6	,	,	PUNCT
ajfa-11761	28	7	modigliani	modigliani	PROPN
ajfa-11761	28	8	and	and	CCONJ
ajfa-11761	28	9	miller	miller	PROPN
ajfa-11761	28	10	(	(	PUNCT
ajfa-11761	28	11	1958	1958	NUM
ajfa-11761	28	12	)	)	PUNCT
ajfa-11761	28	13	based	base	VERB
ajfa-11761	28	14	their	their	PRON
ajfa-11761	28	15	proposition	proposition	NOUN
ajfa-11761	28	16	on	on	ADP
ajfa-11761	28	17	a	a	DET
ajfa-11761	28	18	number	number	NOUN
ajfa-11761	28	19	of	of	ADP
ajfa-11761	28	20	assumptions	assumption	NOUN
ajfa-11761	28	21	;	;	PUNCT
ajfa-11761	28	22	for	for	ADP
ajfa-11761	28	23	example	example	NOUN
ajfa-11761	28	24	,	,	PUNCT
ajfa-11761	28	25	that	that	SCONJ
ajfa-11761	28	26	no	no	DET
ajfa-11761	28	27	taxes	taxis	NOUN
ajfa-11761	28	28	or	or	CCONJ
ajfa-11761	28	29	transaction	transaction	NOUN
ajfa-11761	28	30	costs	cost	NOUN
ajfa-11761	28	31	exist	exist	VERB
ajfa-11761	28	32	,	,	PUNCT
ajfa-11761	28	33	that	that	SCONJ
ajfa-11761	28	34	both	both	DET
ajfa-11761	28	35	companies	company	NOUN
ajfa-11761	28	36	and	and	CCONJ
ajfa-11761	28	37	investors	investor	NOUN
ajfa-11761	28	38	have	have	VERB
ajfa-11761	28	39	equivalence	equivalence	NOUN
ajfa-11761	28	40	in	in	ADP
ajfa-11761	28	41	borrowing	borrowing	NOUN
ajfa-11761	28	42	and	and	CCONJ
ajfa-11761	28	43	lending	lending	NOUN
ajfa-11761	28	44	money	money	NOUN
ajfa-11761	28	45	,	,	PUNCT
ajfa-11761	28	46	that	that	SCONJ
ajfa-11761	28	47	companies	company	NOUN
ajfa-11761	28	48	and	and	CCONJ
ajfa-11761	28	49	investors	investor	NOUN
ajfa-11761	28	50	have	have	VERB
ajfa-11761	28	51	the	the	DET
ajfa-11761	28	52	same	same	ADJ
ajfa-11761	28	53	market	market	NOUN
ajfa-11761	28	54	information	information	NOUN
ajfa-11761	28	55	(	(	PUNCT
ajfa-11761	28	56	symmetry	symmetry	NOUN
ajfa-11761	28	57	)	)	PUNCT
ajfa-11761	28	58	and	and	CCONJ
ajfa-11761	28	59	that	that	PRON
ajfa-11761	28	60	agency	agency	NOUN
ajfa-11761	28	61	costs	cost	NOUN
ajfa-11761	28	62	exist	exist	VERB
ajfa-11761	28	63	.	.	PUNCT
ajfa-11761	29	1	‘	'	PUNCT
ajfa-11761	29	2	although	although	SCONJ
ajfa-11761	29	3	modigliani	modigliani	PROPN
ajfa-11761	29	4	and	and	CCONJ
ajfa-11761	29	5	miller	miller	PROPN
ajfa-11761	29	6	(	(	PUNCT
ajfa-11761	29	7	1963	1963	NUM
ajfa-11761	29	8	)	)	PUNCT
ajfa-11761	29	9	suggested	suggest	VERB
ajfa-11761	29	10	that	that	SCONJ
ajfa-11761	29	11	firms	firm	NOUN
ajfa-11761	29	12	can	can	AUX
ajfa-11761	29	13	gain	gain	VERB
ajfa-11761	29	14	the	the	DET
ajfa-11761	29	15	benefits	benefit	NOUN
ajfa-11761	29	16	of	of	ADP
ajfa-11761	29	17	tax	tax	NOUN
ajfa-11761	29	18	-	-	PUNCT
ajfa-11761	29	19	deductible	deductible	ADJ
ajfa-11761	29	20	interest	interest	NOUN
ajfa-11761	29	21	payments	payment	NOUN
ajfa-11761	29	22	by	by	ADP
ajfa-11761	29	23	increasing	increase	VERB
ajfa-11761	29	24	the	the	DET
ajfa-11761	29	25	amount	amount	NOUN
ajfa-11761	29	26	of	of	ADP
ajfa-11761	29	27	debt	debt	NOUN
ajfa-11761	29	28	in	in	ADP
ajfa-11761	29	29	their	their	PRON
ajfa-11761	29	30	capital	capital	NOUN
ajfa-11761	29	31	structure	structure	NOUN
ajfa-11761	29	32	,	,	PUNCT
ajfa-11761	29	33	this	this	DET
ajfa-11761	29	34	view	view	NOUN
ajfa-11761	29	35	has	have	AUX
ajfa-11761	29	36	been	be	AUX
ajfa-11761	29	37	questioned	question	VERB
ajfa-11761	29	38	due	due	ADP
ajfa-11761	29	39	to	to	ADP
ajfa-11761	29	40	its	its	PRON
ajfa-11761	29	41	assumption	assumption	NOUN
ajfa-11761	29	42	of	of	ADP
ajfa-11761	29	43	market	market	NOUN
ajfa-11761	29	44	perfection	perfection	NOUN
ajfa-11761	29	45	and	and	CCONJ
ajfa-11761	29	46	its	its	PRON
ajfa-11761	29	47	limited	limited	ADJ
ajfa-11761	29	48	applicability	applicability	NOUN
ajfa-11761	29	49	to	to	ADP
ajfa-11761	29	50	small	small	ADJ
ajfa-11761	29	51	firms	firm	NOUN
ajfa-11761	29	52	.	.	PUNCT
ajfa-11761	30	1	different	different	ADJ
ajfa-11761	30	2	researchers	researcher	NOUN
ajfa-11761	30	3	followed	follow	VERB
ajfa-11761	30	4	with	with	ADP
ajfa-11761	30	5	theories	theory	NOUN
ajfa-11761	30	6	that	that	PRON
ajfa-11761	30	7	contributed	contribute	VERB
ajfa-11761	30	8	to	to	ADP
ajfa-11761	30	9	the	the	DET
ajfa-11761	30	10	literature	literature	NOUN
ajfa-11761	30	11	.	.	PUNCT
ajfa-11761	31	1	now	now	ADV
ajfa-11761	31	2	there	there	PRON
ajfa-11761	31	3	are	be	VERB
ajfa-11761	31	4	well	well	ADV
ajfa-11761	31	5	-	-	PUNCT
ajfa-11761	31	6	known	know	VERB
ajfa-11761	31	7	capital	capital	NOUN
ajfa-11761	31	8	structure	structure	NOUN
ajfa-11761	31	9	theories	theory	NOUN
ajfa-11761	31	10	,	,	PUNCT
ajfa-11761	31	11	which	which	PRON
ajfa-11761	31	12	include	include	VERB
ajfa-11761	31	13	pecking	pecking	NOUN
ajfa-11761	31	14	order	order	NOUN
ajfa-11761	31	15	theory	theory	NOUN
ajfa-11761	31	16	,	,	PUNCT
ajfa-11761	31	17	trade	trade	NOUN
ajfa-11761	31	18	-	-	PUNCT
ajfa-11761	31	19	off	off	NOUN
ajfa-11761	31	20	,	,	PUNCT
ajfa-11761	31	21	agency	agency	NOUN
ajfa-11761	31	22	costs	cost	NOUN
ajfa-11761	31	23	,	,	PUNCT
ajfa-11761	31	24	corporate	corporate	ADJ
ajfa-11761	31	25	taxes	taxis	NOUN
ajfa-11761	31	26	,	,	PUNCT
ajfa-11761	31	27	financial	financial	ADJ
ajfa-11761	31	28	distress	distress	NOUN
ajfa-11761	31	29	,	,	PUNCT
ajfa-11761	31	30	and	and	CCONJ
ajfa-11761	31	31	signalling	signal	VERB
ajfa-11761	31	32	.	.	PUNCT
ajfa-11761	32	1	asian	asian	ADJ
ajfa-11761	32	2	journal	journal	PROPN
ajfa-11761	32	3	of	of	ADP
ajfa-11761	32	4	finance	finance	PROPN
ajfa-11761	32	5	&	&	CCONJ
ajfa-11761	32	6	accounting	accounting	PROPN
ajfa-11761	32	7	issn	issn	PROPN
ajfa-11761	32	8	1946	1946	NUM
ajfa-11761	32	9	-	-	PUNCT
ajfa-11761	32	10	052x	052x	PROPN
ajfa-11761	32	11	2017	2017	NUM
ajfa-11761	32	12	,	,	PUNCT
ajfa-11761	32	13	vol	vol	NOUN
ajfa-11761	32	14	.	.	NOUN
ajfa-11761	32	15	9	9	NUM
ajfa-11761	32	16	,	,	PUNCT
ajfa-11761	32	17	no	no	NOUN
ajfa-11761	32	18	.	.	NOUN
ajfa-11761	32	19	2	2	NUM
ajfa-11761	32	20	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	32	21	106	106	NUM
ajfa-11761	32	22	the	the	DET
ajfa-11761	32	23	capital	capital	NOUN
ajfa-11761	32	24	structure	structure	NOUN
ajfa-11761	32	25	literature	literature	NOUN
ajfa-11761	32	26	is	be	AUX
ajfa-11761	32	27	varied	varied	ADJ
ajfa-11761	32	28	with	with	ADP
ajfa-11761	32	29	mixed	mixed	ADJ
ajfa-11761	32	30	results	result	NOUN
ajfa-11761	32	31	in	in	ADP
ajfa-11761	32	32	different	different	ADJ
ajfa-11761	32	33	times	time	NOUN
ajfa-11761	32	34	and	and	CCONJ
ajfa-11761	32	35	locations	location	NOUN
ajfa-11761	32	36	.	.	PUNCT
ajfa-11761	33	1	however	however	ADV
ajfa-11761	33	2	,	,	PUNCT
ajfa-11761	33	3	the	the	DET
ajfa-11761	33	4	few	few	ADJ
ajfa-11761	33	5	studies	study	NOUN
ajfa-11761	33	6	(	(	PUNCT
ajfa-11761	33	7	gleason	gleason	PROPN
ajfa-11761	33	8	et	et	PROPN
ajfa-11761	33	9	al	al	PROPN
ajfa-11761	33	10	.	.	PROPN
ajfa-11761	33	11	,	,	PUNCT
ajfa-11761	33	12	2000	2000	NUM
ajfa-11761	33	13	;	;	PUNCT
ajfa-11761	33	14	yazdanfar	yazdanfar	ADV
ajfa-11761	33	15	and	and	CCONJ
ajfa-11761	33	16	öhman	öhman	NOUN
ajfa-11761	33	17	,	,	PUNCT
ajfa-11761	33	18	2015	2015	NUM
ajfa-11761	33	19	)	)	PUNCT
ajfa-11761	33	20	which	which	PRON
ajfa-11761	33	21	have	have	AUX
ajfa-11761	33	22	investigated	investigate	VERB
ajfa-11761	33	23	multiple	multiple	ADJ
ajfa-11761	33	24	sectors	sector	NOUN
ajfa-11761	33	25	;	;	PUNCT
ajfa-11761	33	26	including	include	VERB
ajfa-11761	33	27	wholesale	wholesale	NOUN
ajfa-11761	33	28	and	and	CCONJ
ajfa-11761	33	29	retail	retail	NOUN
ajfa-11761	33	30	,	,	PUNCT
ajfa-11761	33	31	have	have	AUX
ajfa-11761	33	32	found	find	VERB
ajfa-11761	33	33	common	common	ADJ
ajfa-11761	33	34	results	result	NOUN
ajfa-11761	33	35	.	.	PUNCT
ajfa-11761	34	1	the	the	DET
ajfa-11761	34	2	researchers	researcher	NOUN
ajfa-11761	34	3	found	find	VERB
ajfa-11761	34	4	that	that	SCONJ
ajfa-11761	34	5	,	,	PUNCT
ajfa-11761	34	6	although	although	SCONJ
ajfa-11761	34	7	the	the	DET
ajfa-11761	34	8	results	result	NOUN
ajfa-11761	34	9	of	of	ADP
ajfa-11761	34	10	the	the	DET
ajfa-11761	34	11	impact	impact	NOUN
ajfa-11761	34	12	of	of	ADP
ajfa-11761	34	13	capital	capital	NOUN
ajfa-11761	34	14	structure	structure	NOUN
ajfa-11761	34	15	on	on	ADP
ajfa-11761	34	16	firm	firm	ADJ
ajfa-11761	34	17	performance	performance	NOUN
ajfa-11761	34	18	could	could	AUX
ajfa-11761	34	19	be	be	AUX
ajfa-11761	34	20	mixed	mix	VERB
ajfa-11761	34	21	in	in	ADP
ajfa-11761	34	22	other	other	ADJ
ajfa-11761	34	23	sectors	sector	NOUN
ajfa-11761	34	24	,	,	PUNCT
ajfa-11761	34	25	the	the	DET
ajfa-11761	34	26	relationship	relationship	NOUN
ajfa-11761	34	27	is	be	AUX
ajfa-11761	34	28	however	however	ADV
ajfa-11761	34	29	negative	negative	ADJ
ajfa-11761	34	30	in	in	ADP
ajfa-11761	34	31	the	the	DET
ajfa-11761	34	32	wholesale	wholesale	ADJ
ajfa-11761	34	33	and	and	CCONJ
ajfa-11761	34	34	retail	retail	ADJ
ajfa-11761	34	35	sector	sector	NOUN
ajfa-11761	34	36	.	.	PUNCT
ajfa-11761	35	1	different	different	ADJ
ajfa-11761	35	2	measures	measure	NOUN
ajfa-11761	35	3	have	have	AUX
ajfa-11761	35	4	been	be	AUX
ajfa-11761	35	5	used	use	VERB
ajfa-11761	35	6	in	in	ADP
ajfa-11761	35	7	different	different	ADJ
ajfa-11761	35	8	researches	research	NOUN
ajfa-11761	35	9	,	,	PUNCT
ajfa-11761	35	10	which	which	PRON
ajfa-11761	35	11	led	lead	VERB
ajfa-11761	35	12	to	to	ADP
ajfa-11761	35	13	dissimilar	dissimilar	ADJ
ajfa-11761	35	14	findings	finding	NOUN
ajfa-11761	35	15	.	.	PUNCT
ajfa-11761	36	1	while	while	SCONJ
ajfa-11761	36	2	on	on	ADP
ajfa-11761	36	3	the	the	DET
ajfa-11761	36	4	other	other	ADJ
ajfa-11761	36	5	hand	hand	NOUN
ajfa-11761	36	6	,	,	PUNCT
ajfa-11761	36	7	some	some	DET
ajfa-11761	36	8	researchers	researcher	NOUN
ajfa-11761	36	9	from	from	ADP
ajfa-11761	36	10	different	different	ADJ
ajfa-11761	36	11	countries	country	NOUN
ajfa-11761	36	12	(	(	PUNCT
ajfa-11761	36	13	ghana	ghana	PROPN
ajfa-11761	36	14	abor	abor	PROPN
ajfa-11761	36	15	(	(	PUNCT
ajfa-11761	36	16	2005	2005	NUM
ajfa-11761	36	17	)	)	PUNCT
ajfa-11761	36	18	;	;	PUNCT
ajfa-11761	36	19	sri	sri	PROPN
ajfa-11761	36	20	lanka	lanka	PROPN
ajfa-11761	36	21	–	–	PUNCT
ajfa-11761	36	22	nirajini	nirajini	PROPN
ajfa-11761	36	23	and	and	CCONJ
ajfa-11761	36	24	priya	priya	PROPN
ajfa-11761	36	25	(	(	PUNCT
ajfa-11761	36	26	2013	2013	NUM
ajfa-11761	36	27	)	)	PUNCT
ajfa-11761	36	28	;	;	PUNCT
ajfa-11761	36	29	malaysia	malaysia	PROPN
ajfa-11761	36	30	–	–	PUNCT
ajfa-11761	36	31	san	san	PROPN
ajfa-11761	36	32	and	and	CCONJ
ajfa-11761	36	33	heng	heng	PROPN
ajfa-11761	36	34	(	(	PUNCT
ajfa-11761	36	35	2011	2011	NUM
ajfa-11761	36	36	)	)	PUNCT
ajfa-11761	36	37	&	&	CCONJ
ajfa-11761	36	38	salim	salim	PROPN
ajfa-11761	36	39	and	and	CCONJ
ajfa-11761	36	40	yadav	yadav	PROPN
ajfa-11761	36	41	(	(	PUNCT
ajfa-11761	36	42	2012	2012	NUM
ajfa-11761	36	43	)	)	PUNCT
ajfa-11761	36	44	;	;	PUNCT
ajfa-11761	36	45	usa	usa	PROPN
ajfa-11761	36	46	–	–	PUNCT
ajfa-11761	36	47	roden	roden	PROPN
ajfa-11761	36	48	and	and	CCONJ
ajfa-11761	36	49	lewellen	lewellen	PROPN
ajfa-11761	36	50	(	(	PUNCT
ajfa-11761	36	51	1995	1995	NUM
ajfa-11761	36	52	)	)	PUNCT
ajfa-11761	36	53	;	;	PUNCT
ajfa-11761	36	54	china	china	PROPN
ajfa-11761	36	55	huang	huang	PROPN
ajfa-11761	36	56	(	(	PUNCT
ajfa-11761	36	57	2006	2006	NUM
ajfa-11761	36	58	)	)	PUNCT
ajfa-11761	36	59	;	;	PUNCT
ajfa-11761	36	60	india	india	PROPN
ajfa-11761	36	61	–	–	PUNCT
ajfa-11761	36	62	kakani	kakani	PROPN
ajfa-11761	36	63	et	et	PROPN
ajfa-11761	36	64	al	al	PROPN
ajfa-11761	36	65	.	.	PROPN
ajfa-11761	36	66	(	(	PUNCT
ajfa-11761	36	67	2001	2001	NUM
ajfa-11761	36	68	)	)	PUNCT
ajfa-11761	36	69	;	;	PUNCT
ajfa-11761	36	70	etc	etc	X
ajfa-11761	36	71	.	.	X
ajfa-11761	36	72	)	)	PUNCT
ajfa-11761	36	73	,	,	PUNCT
ajfa-11761	36	74	have	have	AUX
ajfa-11761	36	75	used	use	VERB
ajfa-11761	36	76	similar	similar	ADJ
ajfa-11761	36	77	measures	measure	NOUN
ajfa-11761	36	78	and	and	CCONJ
ajfa-11761	36	79	still	still	ADV
ajfa-11761	36	80	found	find	VERB
ajfa-11761	36	81	contradicting	contradict	VERB
ajfa-11761	36	82	results	result	NOUN
ajfa-11761	36	83	,	,	PUNCT
ajfa-11761	36	84	which	which	PRON
ajfa-11761	36	85	shows	show	VERB
ajfa-11761	36	86	that	that	SCONJ
ajfa-11761	36	87	location	location	NOUN
ajfa-11761	36	88	of	of	ADP
ajfa-11761	36	89	trade	trade	NOUN
ajfa-11761	36	90	for	for	ADP
ajfa-11761	36	91	firms	firm	NOUN
ajfa-11761	36	92	could	could	AUX
ajfa-11761	36	93	bring	bring	VERB
ajfa-11761	36	94	about	about	ADP
ajfa-11761	36	95	different	different	ADJ
ajfa-11761	36	96	results	result	NOUN
ajfa-11761	36	97	from	from	ADP
ajfa-11761	36	98	those	those	PRON
ajfa-11761	36	99	already	already	ADV
ajfa-11761	36	100	found	find	VERB
ajfa-11761	36	101	in	in	ADP
ajfa-11761	36	102	other	other	ADJ
ajfa-11761	36	103	studies	study	NOUN
ajfa-11761	36	104	.	.	PUNCT
ajfa-11761	37	1	it	it	PRON
ajfa-11761	37	2	is	be	AUX
ajfa-11761	37	3	from	from	ADP
ajfa-11761	37	4	these	these	DET
ajfa-11761	37	5	reasons	reason	NOUN
ajfa-11761	37	6	that	that	PRON
ajfa-11761	37	7	the	the	DET
ajfa-11761	37	8	motivation	motivation	NOUN
ajfa-11761	37	9	of	of	ADP
ajfa-11761	37	10	this	this	DET
ajfa-11761	37	11	research	research	NOUN
ajfa-11761	37	12	is	be	AUX
ajfa-11761	37	13	derived	derive	VERB
ajfa-11761	37	14	.	.	PUNCT
ajfa-11761	38	1	however	however	ADV
ajfa-11761	38	2	,	,	PUNCT
ajfa-11761	38	3	it	it	PRON
ajfa-11761	38	4	should	should	AUX
ajfa-11761	38	5	be	be	AUX
ajfa-11761	38	6	noted	note	VERB
ajfa-11761	38	7	that	that	SCONJ
ajfa-11761	38	8	although	although	SCONJ
ajfa-11761	38	9	a	a	DET
ajfa-11761	38	10	large	large	ADJ
ajfa-11761	38	11	body	body	NOUN
ajfa-11761	38	12	of	of	ADP
ajfa-11761	38	13	supporting	support	VERB
ajfa-11761	38	14	empirical	empirical	ADJ
ajfa-11761	38	15	evidence	evidence	NOUN
ajfa-11761	38	16	is	be	AUX
ajfa-11761	38	17	available	available	ADJ
ajfa-11761	38	18	for	for	ADP
ajfa-11761	38	19	most	most	ADJ
ajfa-11761	38	20	of	of	ADP
ajfa-11761	38	21	the	the	DET
ajfa-11761	38	22	developed	develop	VERB
ajfa-11761	38	23	countries	country	NOUN
ajfa-11761	38	24	very	very	ADV
ajfa-11761	38	25	little	little	ADJ
ajfa-11761	38	26	research	research	NOUN
ajfa-11761	38	27	has	have	AUX
ajfa-11761	38	28	been	be	AUX
ajfa-11761	38	29	conducted	conduct	VERB
ajfa-11761	38	30	in	in	ADP
ajfa-11761	38	31	developing	develop	VERB
ajfa-11761	38	32	countries	country	NOUN
ajfa-11761	38	33	like	like	ADP
ajfa-11761	38	34	south	south	PROPN
ajfa-11761	38	35	africa	africa	PROPN
ajfa-11761	38	36	and	and	CCONJ
ajfa-11761	38	37	sri	sri	PROPN
ajfa-11761	38	38	lanka	lanka	PROPN
ajfa-11761	38	39	,	,	PUNCT
ajfa-11761	38	40	particularly	particularly	ADV
ajfa-11761	38	41	in	in	ADP
ajfa-11761	38	42	the	the	DET
ajfa-11761	38	43	currently	currently	ADV
ajfa-11761	38	44	researched	research	VERB
ajfa-11761	38	45	wholesale	wholesale	ADJ
ajfa-11761	38	46	and	and	CCONJ
ajfa-11761	38	47	retail	retail	ADJ
ajfa-11761	38	48	sector	sector	NOUN
ajfa-11761	38	49	.	.	PUNCT
ajfa-11761	39	1	most	most	ADJ
ajfa-11761	39	2	of	of	ADP
ajfa-11761	39	3	the	the	DET
ajfa-11761	39	4	previous	previous	ADJ
ajfa-11761	39	5	researches	research	NOUN
ajfa-11761	39	6	conducted	conduct	VERB
ajfa-11761	39	7	under	under	ADP
ajfa-11761	39	8	the	the	DET
ajfa-11761	39	9	capital	capital	NOUN
ajfa-11761	39	10	structure	structure	NOUN
ajfa-11761	39	11	study	study	NOUN
ajfa-11761	39	12	area	area	NOUN
ajfa-11761	39	13	(	(	PUNCT
ajfa-11761	39	14	goddard	goddard	NOUN
ajfa-11761	39	15	et	et	PROPN
ajfa-11761	39	16	al	al	PROPN
ajfa-11761	39	17	.	.	PROPN
ajfa-11761	39	18	,	,	PUNCT
ajfa-11761	39	19	2005	2005	NUM
ajfa-11761	39	20	;	;	PUNCT
ajfa-11761	39	21	abor	abor	NOUN
ajfa-11761	39	22	,	,	PUNCT
ajfa-11761	39	23	2005;nimalathasan	2005;nimalathasan	NUM
ajfa-11761	39	24	and	and	CCONJ
ajfa-11761	39	25	brabete	brabete	ADJ
ajfa-11761	39	26	,	,	PUNCT
ajfa-11761	39	27	2010	2010	NUM
ajfa-11761	39	28	;	;	PUNCT
ajfa-11761	39	29	salim	salim	NOUN
ajfa-11761	39	30	and	and	CCONJ
ajfa-11761	39	31	yadav	yadav	PROPN
ajfa-11761	39	32	,	,	PUNCT
ajfa-11761	39	33	2012	2012	NUM
ajfa-11761	39	34	)	)	PUNCT
ajfa-11761	39	35	,	,	PUNCT
ajfa-11761	39	36	specifically	specifically	ADV
ajfa-11761	39	37	those	those	PRON
ajfa-11761	39	38	that	that	PRON
ajfa-11761	39	39	examined	examine	VERB
ajfa-11761	39	40	the	the	DET
ajfa-11761	39	41	impact	impact	NOUN
ajfa-11761	39	42	of	of	ADP
ajfa-11761	39	43	debt	debt	NOUN
ajfa-11761	39	44	and	and	CCONJ
ajfa-11761	39	45	equity	equity	NOUN
ajfa-11761	39	46	mix	mix	NOUN
ajfa-11761	39	47	on	on	ADP
ajfa-11761	39	48	firm	firm	ADJ
ajfa-11761	39	49	performance	performance	NOUN
ajfa-11761	39	50	did	do	AUX
ajfa-11761	39	51	not	not	PART
ajfa-11761	39	52	incorporate	incorporate	VERB
ajfa-11761	39	53	the	the	DET
ajfa-11761	39	54	wholesale	wholesale	ADJ
ajfa-11761	39	55	and	and	CCONJ
ajfa-11761	39	56	retail	retail	ADJ
ajfa-11761	39	57	sector	sector	NOUN
ajfa-11761	39	58	,	,	PUNCT
ajfa-11761	39	59	with	with	ADP
ajfa-11761	39	60	the	the	DET
ajfa-11761	39	61	exception	exception	NOUN
ajfa-11761	39	62	of	of	ADP
ajfa-11761	39	63	gleason	gleason	PROPN
ajfa-11761	39	64	et	et	PROPN
ajfa-11761	39	65	al	al	PROPN
ajfa-11761	39	66	.	.	PROPN
ajfa-11761	40	1	(	(	PUNCT
ajfa-11761	40	2	2000	2000	NUM
ajfa-11761	40	3	)	)	PUNCT
ajfa-11761	40	4	and	and	CCONJ
ajfa-11761	40	5	yazdanfar	yazdanfar	ADV
ajfa-11761	40	6	and	and	CCONJ
ajfa-11761	40	7	öhman	öhman	NOUN
ajfa-11761	40	8	(	(	PUNCT
ajfa-11761	40	9	2015	2015	NUM
ajfa-11761	40	10	)	)	PUNCT
ajfa-11761	40	11	,	,	PUNCT
ajfa-11761	40	12	who	who	PRON
ajfa-11761	40	13	,	,	PUNCT
ajfa-11761	40	14	to	to	ADP
ajfa-11761	40	15	the	the	DET
ajfa-11761	40	16	knowledge	knowledge	NOUN
ajfa-11761	40	17	of	of	ADP
ajfa-11761	40	18	the	the	DET
ajfa-11761	40	19	researcher	researcher	NOUN
ajfa-11761	40	20	,	,	PUNCT
ajfa-11761	40	21	are	be	AUX
ajfa-11761	40	22	the	the	DET
ajfa-11761	40	23	only	only	ADJ
ajfa-11761	40	24	scholars	scholar	NOUN
ajfa-11761	40	25	that	that	PRON
ajfa-11761	40	26	studied	study	VERB
ajfa-11761	40	27	and	and	CCONJ
ajfa-11761	40	28	examined	examine	VERB
ajfa-11761	40	29	this	this	DET
ajfa-11761	40	30	impact	impact	NOUN
ajfa-11761	40	31	in	in	ADP
ajfa-11761	40	32	the	the	DET
ajfa-11761	40	33	wholesale	wholesale	ADJ
ajfa-11761	40	34	and	and	CCONJ
ajfa-11761	40	35	retail	retail	ADJ
ajfa-11761	40	36	sector	sector	NOUN
ajfa-11761	40	37	among	among	ADP
ajfa-11761	40	38	other	other	ADJ
ajfa-11761	40	39	sectors	sector	NOUN
ajfa-11761	40	40	.	.	PUNCT
ajfa-11761	41	1	this	this	DET
ajfa-11761	41	2	study	study	NOUN
ajfa-11761	41	3	seeks	seek	VERB
ajfa-11761	41	4	to	to	PART
ajfa-11761	41	5	study	study	VERB
ajfa-11761	41	6	comparatively	comparatively	ADV
ajfa-11761	41	7	the	the	DET
ajfa-11761	41	8	impact	impact	NOUN
ajfa-11761	41	9	of	of	ADP
ajfa-11761	41	10	debt	debt	NOUN
ajfa-11761	41	11	capital	capital	NOUN
ajfa-11761	41	12	on	on	ADP
ajfa-11761	41	13	the	the	DET
ajfa-11761	41	14	financial	financial	ADJ
ajfa-11761	41	15	performance	performance	NOUN
ajfa-11761	41	16	of	of	ADP
ajfa-11761	41	17	companies	company	NOUN
ajfa-11761	41	18	operating	operate	VERB
ajfa-11761	41	19	in	in	ADP
ajfa-11761	41	20	the	the	DET
ajfa-11761	41	21	wholesale	wholesale	ADJ
ajfa-11761	41	22	and	and	CCONJ
ajfa-11761	41	23	retail	retail	ADJ
ajfa-11761	41	24	sectors	sector	NOUN
ajfa-11761	41	25	of	of	ADP
ajfa-11761	41	26	south	south	PROPN
ajfa-11761	41	27	africa	africa	PROPN
ajfa-11761	41	28	and	and	CCONJ
ajfa-11761	41	29	sri	sri	PROPN
ajfa-11761	41	30	lanka	lanka	PROPN
ajfa-11761	41	31	.	.	PUNCT
ajfa-11761	42	1	that	that	PRON
ajfa-11761	42	2	is	be	AUX
ajfa-11761	42	3	done	do	VERB
ajfa-11761	42	4	using	use	VERB
ajfa-11761	42	5	the	the	DET
ajfa-11761	42	6	fixed	fix	VERB
ajfa-11761	42	7	-	-	PUNCT
ajfa-11761	42	8	effects	effect	NOUN
ajfa-11761	42	9	(	(	PUNCT
ajfa-11761	42	10	within	within	ADP
ajfa-11761	42	11	)	)	PUNCT
ajfa-11761	42	12	regression	regression	NOUN
ajfa-11761	42	13	model	model	NOUN
ajfa-11761	42	14	on	on	ADP
ajfa-11761	42	15	the	the	DET
ajfa-11761	42	16	accounting	accounting	NOUN
ajfa-11761	42	17	measures	measure	NOUN
ajfa-11761	42	18	of	of	ADP
ajfa-11761	42	19	profitability	profitability	NOUN
ajfa-11761	42	20	and	and	CCONJ
ajfa-11761	42	21	financial	financial	ADJ
ajfa-11761	42	22	performance	performance	NOUN
ajfa-11761	42	23	.	.	PUNCT
ajfa-11761	43	1	this	this	DET
ajfa-11761	43	2	research	research	NOUN
ajfa-11761	43	3	is	be	AUX
ajfa-11761	43	4	interested	interested	ADJ
ajfa-11761	43	5	to	to	PART
ajfa-11761	43	6	see	see	VERB
ajfa-11761	43	7	whether	whether	SCONJ
ajfa-11761	43	8	the	the	DET
ajfa-11761	43	9	same	same	ADJ
ajfa-11761	43	10	negative	negative	ADJ
ajfa-11761	43	11	relationship	relationship	NOUN
ajfa-11761	43	12	as	as	SCONJ
ajfa-11761	43	13	found	find	VERB
ajfa-11761	43	14	by	by	ADP
ajfa-11761	43	15	gleason	gleason	PROPN
ajfa-11761	43	16	et	et	PROPN
ajfa-11761	43	17	al	al	PROPN
ajfa-11761	43	18	.	.	PROPN
ajfa-11761	44	1	(	(	PUNCT
ajfa-11761	44	2	2000	2000	NUM
ajfa-11761	44	3	)	)	PUNCT
ajfa-11761	44	4	and	and	CCONJ
ajfa-11761	44	5	yazdanfar	yazdanfar	ADV
ajfa-11761	44	6	and	and	CCONJ
ajfa-11761	44	7	öhman	öhman	NOUN
ajfa-11761	44	8	(	(	PUNCT
ajfa-11761	44	9	2015	2015	NUM
ajfa-11761	44	10	)	)	PUNCT
ajfa-11761	44	11	exists	exist	VERB
ajfa-11761	44	12	in	in	ADP
ajfa-11761	44	13	the	the	DET
ajfa-11761	44	14	johannesburg	johannesburg	PROPN
ajfa-11761	44	15	stock	stock	PROPN
ajfa-11761	44	16	exchange	exchange	PROPN
ajfa-11761	44	17	(	(	PUNCT
ajfa-11761	44	18	jse	jse	PROPN
ajfa-11761	44	19	)	)	PUNCT
ajfa-11761	44	20	and	and	CCONJ
ajfa-11761	44	21	colombo	colombo	NOUN
ajfa-11761	44	22	stock	stock	NOUN
ajfa-11761	44	23	exchange	exchange	PROPN
ajfa-11761	44	24	(	(	PUNCT
ajfa-11761	44	25	cse	cse	NOUN
ajfa-11761	44	26	)	)	PUNCT
ajfa-11761	44	27	listed	list	VERB
ajfa-11761	44	28	companies	company	NOUN
ajfa-11761	44	29	and	and	CCONJ
ajfa-11761	44	30	to	to	PART
ajfa-11761	44	31	find	find	VERB
ajfa-11761	44	32	out	out	ADP
ajfa-11761	44	33	the	the	DET
ajfa-11761	44	34	reasons	reason	NOUN
ajfa-11761	44	35	for	for	ADP
ajfa-11761	44	36	this	this	DET
ajfa-11761	44	37	negative	negative	ADJ
ajfa-11761	44	38	relationship	relationship	NOUN
ajfa-11761	44	39	,	,	PUNCT
ajfa-11761	44	40	particularly	particularly	ADV
ajfa-11761	44	41	because	because	SCONJ
ajfa-11761	44	42	these	these	DET
ajfa-11761	44	43	previous	previous	ADJ
ajfa-11761	44	44	findings	finding	NOUN
ajfa-11761	44	45	were	be	AUX
ajfa-11761	44	46	found	find	VERB
ajfa-11761	44	47	in	in	ADP
ajfa-11761	44	48	researches	research	NOUN
ajfa-11761	44	49	that	that	PRON
ajfa-11761	44	50	included	include	VERB
ajfa-11761	44	51	all	all	DET
ajfa-11761	44	52	non	non	ADJ
ajfa-11761	44	53	-	-	ADJ
ajfa-11761	44	54	financial	financial	ADJ
ajfa-11761	44	55	institutions	institution	NOUN
ajfa-11761	44	56	industries	industry	NOUN
ajfa-11761	44	57	as	as	SCONJ
ajfa-11761	44	58	opposed	oppose	VERB
ajfa-11761	44	59	to	to	ADP
ajfa-11761	44	60	the	the	DET
ajfa-11761	44	61	special	special	ADJ
ajfa-11761	44	62	focus	focus	NOUN
ajfa-11761	44	63	given	give	VERB
ajfa-11761	44	64	to	to	ADP
ajfa-11761	44	65	only	only	ADV
ajfa-11761	44	66	the	the	DET
ajfa-11761	44	67	wholesale	wholesale	ADJ
ajfa-11761	44	68	and	and	CCONJ
ajfa-11761	44	69	retail	retail	ADJ
ajfa-11761	44	70	industry	industry	NOUN
ajfa-11761	44	71	in	in	ADP
ajfa-11761	44	72	this	this	DET
ajfa-11761	44	73	research	research	NOUN
ajfa-11761	44	74	.	.	PUNCT
ajfa-11761	45	1	objective	objective	NOUN
ajfa-11761	45	2	of	of	ADP
ajfa-11761	45	3	this	this	DET
ajfa-11761	45	4	study	study	NOUN
ajfa-11761	45	5	is	be	AUX
ajfa-11761	45	6	to	to	PART
ajfa-11761	45	7	examine	examine	VERB
ajfa-11761	45	8	whether	whether	SCONJ
ajfa-11761	45	9	debt	debt	NOUN
ajfa-11761	45	10	capital	capital	NOUN
ajfa-11761	45	11	affects	affect	VERB
ajfa-11761	45	12	the	the	DET
ajfa-11761	45	13	financial	financial	ADJ
ajfa-11761	45	14	performance	performance	NOUN
ajfa-11761	45	15	of	of	ADP
ajfa-11761	45	16	the	the	DET
ajfa-11761	45	17	wholesale	wholesale	ADJ
ajfa-11761	45	18	and	and	CCONJ
ajfa-11761	45	19	retail	retail	ADJ
ajfa-11761	45	20	sector	sector	NOUN
ajfa-11761	45	21	companies	company	NOUN
ajfa-11761	45	22	in	in	ADP
ajfa-11761	45	23	south	south	PROPN
ajfa-11761	45	24	africa	africa	PROPN
ajfa-11761	45	25	and	and	CCONJ
ajfa-11761	45	26	sri	sri	PROPN
ajfa-11761	45	27	lanka	lanka	PROPN
ajfa-11761	45	28	.	.	PUNCT
ajfa-11761	46	1	the	the	DET
ajfa-11761	46	2	findings	finding	NOUN
ajfa-11761	46	3	of	of	ADP
ajfa-11761	46	4	this	this	DET
ajfa-11761	46	5	research	research	NOUN
ajfa-11761	46	6	will	will	AUX
ajfa-11761	46	7	help	help	VERB
ajfa-11761	46	8	south	south	ADJ
ajfa-11761	46	9	african	african	ADJ
ajfa-11761	46	10	wholesalers	wholesaler	NOUN
ajfa-11761	46	11	and	and	CCONJ
ajfa-11761	46	12	retailers	retailer	NOUN
ajfa-11761	46	13	as	as	ADV
ajfa-11761	46	14	well	well	ADV
ajfa-11761	46	15	as	as	ADP
ajfa-11761	46	16	sri	sri	PROPN
ajfa-11761	46	17	lankan	lankan	X
ajfa-11761	46	18	retail	retail	ADJ
ajfa-11761	46	19	companies	company	NOUN
ajfa-11761	46	20	to	to	PART
ajfa-11761	46	21	understand	understand	VERB
ajfa-11761	46	22	the	the	DET
ajfa-11761	46	23	impact	impact	NOUN
ajfa-11761	46	24	of	of	ADP
ajfa-11761	46	25	debt	debt	NOUN
ajfa-11761	46	26	capital	capital	NOUN
ajfa-11761	46	27	on	on	ADP
ajfa-11761	46	28	company	company	NOUN
ajfa-11761	46	29	performances	performance	NOUN
ajfa-11761	46	30	.	.	PUNCT
ajfa-11761	47	1	this	this	DET
ajfa-11761	47	2	study	study	NOUN
ajfa-11761	47	3	will	will	AUX
ajfa-11761	47	4	help	help	VERB
ajfa-11761	47	5	them	they	PRON
ajfa-11761	47	6	make	make	VERB
ajfa-11761	47	7	decisions	decision	NOUN
ajfa-11761	47	8	that	that	PRON
ajfa-11761	47	9	will	will	AUX
ajfa-11761	47	10	ensure	ensure	VERB
ajfa-11761	47	11	profit	profit	NOUN
ajfa-11761	47	12	maximization	maximization	NOUN
ajfa-11761	47	13	and	and	CCONJ
ajfa-11761	47	14	reduction	reduction	NOUN
ajfa-11761	47	15	of	of	ADP
ajfa-11761	47	16	costs	cost	NOUN
ajfa-11761	47	17	associated	associate	VERB
ajfa-11761	47	18	with	with	ADP
ajfa-11761	47	19	debt	debt	NOUN
ajfa-11761	47	20	.	.	PUNCT
ajfa-11761	48	1	previous	previous	ADJ
ajfa-11761	48	2	researchers	researcher	NOUN
ajfa-11761	48	3	have	have	AUX
ajfa-11761	48	4	focused	focus	VERB
ajfa-11761	48	5	on	on	ADP
ajfa-11761	48	6	the	the	DET
ajfa-11761	48	7	impact	impact	NOUN
ajfa-11761	48	8	of	of	ADP
ajfa-11761	48	9	the	the	DET
ajfa-11761	48	10	entire	entire	ADJ
ajfa-11761	48	11	capital	capital	NOUN
ajfa-11761	48	12	structure	structure	NOUN
ajfa-11761	48	13	(	(	PUNCT
ajfa-11761	48	14	both	both	CCONJ
ajfa-11761	48	15	debt	debt	NOUN
ajfa-11761	48	16	and	and	CCONJ
ajfa-11761	48	17	equity	equity	NOUN
ajfa-11761	48	18	components	component	NOUN
ajfa-11761	48	19	)	)	PUNCT
ajfa-11761	48	20	of	of	ADP
ajfa-11761	48	21	the	the	DET
ajfa-11761	48	22	firms	firm	NOUN
ajfa-11761	48	23	on	on	ADP
ajfa-11761	48	24	their	their	PRON
ajfa-11761	48	25	performances	performance	NOUN
ajfa-11761	48	26	.	.	PUNCT
ajfa-11761	49	1	the	the	DET
ajfa-11761	49	2	originality	originality	NOUN
ajfa-11761	49	3	of	of	ADP
ajfa-11761	49	4	this	this	DET
ajfa-11761	49	5	research	research	NOUN
ajfa-11761	49	6	is	be	AUX
ajfa-11761	49	7	that	that	SCONJ
ajfa-11761	49	8	it	it	PRON
ajfa-11761	49	9	seeks	seek	VERB
ajfa-11761	49	10	to	to	PART
ajfa-11761	49	11	test	test	VERB
ajfa-11761	49	12	the	the	DET
ajfa-11761	49	13	impact	impact	NOUN
ajfa-11761	49	14	that	that	PRON
ajfa-11761	49	15	the	the	DET
ajfa-11761	49	16	debt	debt	NOUN
ajfa-11761	49	17	component	component	NOUN
ajfa-11761	49	18	of	of	ADP
ajfa-11761	49	19	the	the	DET
ajfa-11761	49	20	capital	capital	NOUN
ajfa-11761	49	21	structure	structure	NOUN
ajfa-11761	49	22	(	(	PUNCT
ajfa-11761	49	23	debt	debt	NOUN
ajfa-11761	49	24	capital	capital	NOUN
ajfa-11761	49	25	)	)	PUNCT
ajfa-11761	49	26	has	have	VERB
ajfa-11761	49	27	on	on	ADP
ajfa-11761	49	28	the	the	DET
ajfa-11761	49	29	company	company	NOUN
ajfa-11761	49	30	’s	’s	PART
ajfa-11761	49	31	financial	financial	ADJ
ajfa-11761	49	32	performance	performance	NOUN
ajfa-11761	49	33	,	,	PUNCT
ajfa-11761	49	34	if	if	SCONJ
ajfa-11761	49	35	there	there	PRON
ajfa-11761	49	36	’s	’	VERB
ajfa-11761	49	37	any	any	DET
ajfa-11761	49	38	asian	asian	ADJ
ajfa-11761	49	39	journal	journal	NOUN
ajfa-11761	49	40	of	of	ADP
ajfa-11761	49	41	finance	finance	PROPN
ajfa-11761	49	42	&	&	CCONJ
ajfa-11761	49	43	accounting	accounting	PROPN
ajfa-11761	49	44	issn	issn	PROPN
ajfa-11761	49	45	1946	1946	NUM
ajfa-11761	49	46	-	-	PUNCT
ajfa-11761	49	47	052x	052x	PROPN
ajfa-11761	49	48	2017	2017	NUM
ajfa-11761	49	49	,	,	PUNCT
ajfa-11761	49	50	vol	vol	NOUN
ajfa-11761	49	51	.	.	NOUN
ajfa-11761	49	52	9	9	NUM
ajfa-11761	49	53	,	,	PUNCT
ajfa-11761	49	54	no	no	NOUN
ajfa-11761	49	55	.	.	NOUN
ajfa-11761	49	56	2	2	NUM
ajfa-11761	49	57	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	49	58	107	107	NUM
ajfa-11761	49	59	impact	impact	NOUN
ajfa-11761	49	60	at	at	ADV
ajfa-11761	49	61	all	all	ADV
ajfa-11761	49	62	.	.	PUNCT
ajfa-11761	50	1	the	the	DET
ajfa-11761	50	2	debt	debt	NOUN
ajfa-11761	50	3	capital	capital	NOUN
ajfa-11761	50	4	will	will	AUX
ajfa-11761	50	5	be	be	AUX
ajfa-11761	50	6	measured	measure	VERB
ajfa-11761	50	7	as	as	ADP
ajfa-11761	50	8	the	the	DET
ajfa-11761	50	9	ratio	ratio	NOUN
ajfa-11761	50	10	of	of	ADP
ajfa-11761	50	11	short	short	ADJ
ajfa-11761	50	12	-	-	PUNCT
ajfa-11761	50	13	term	term	NOUN
ajfa-11761	50	14	debt	debt	NOUN
ajfa-11761	50	15	and	and	CCONJ
ajfa-11761	50	16	long	long	ADJ
ajfa-11761	50	17	-	-	PUNCT
ajfa-11761	50	18	term	term	NOUN
ajfa-11761	50	19	debt	debt	NOUN
ajfa-11761	50	20	.	.	PUNCT
ajfa-11761	51	1	the	the	DET
ajfa-11761	51	2	impact	impact	NOUN
ajfa-11761	51	3	of	of	ADP
ajfa-11761	51	4	these	these	DET
ajfa-11761	51	5	debt	debt	NOUN
ajfa-11761	51	6	ratios	ratio	NOUN
ajfa-11761	51	7	on	on	ADP
ajfa-11761	51	8	the	the	DET
ajfa-11761	51	9	financial	financial	ADJ
ajfa-11761	51	10	performance	performance	NOUN
ajfa-11761	51	11	ratios	ratio	NOUN
ajfa-11761	51	12	is	be	AUX
ajfa-11761	51	13	what	what	PRON
ajfa-11761	51	14	this	this	DET
ajfa-11761	51	15	study	study	NOUN
ajfa-11761	51	16	seeks	seek	VERB
ajfa-11761	51	17	to	to	PART
ajfa-11761	51	18	examine	examine	VERB
ajfa-11761	51	19	.	.	PUNCT
ajfa-11761	52	1	this	this	DET
ajfa-11761	52	2	research	research	NOUN
ajfa-11761	52	3	was	be	AUX
ajfa-11761	52	4	inspired	inspire	VERB
ajfa-11761	52	5	by	by	ADP
ajfa-11761	52	6	contradicting	contradict	VERB
ajfa-11761	52	7	findings	finding	NOUN
ajfa-11761	52	8	from	from	ADP
ajfa-11761	52	9	different	different	ADJ
ajfa-11761	52	10	researchers	researcher	NOUN
ajfa-11761	52	11	in	in	ADP
ajfa-11761	52	12	different	different	ADJ
ajfa-11761	52	13	industries	industry	NOUN
ajfa-11761	52	14	.	.	PUNCT
ajfa-11761	53	1	it	it	PRON
ajfa-11761	53	2	is	be	AUX
ajfa-11761	53	3	also	also	ADV
ajfa-11761	53	4	in	in	ADP
ajfa-11761	53	5	response	response	NOUN
ajfa-11761	53	6	to	to	ADP
ajfa-11761	53	7	dawar	dawar	NOUN
ajfa-11761	53	8	(	(	PUNCT
ajfa-11761	53	9	2014	2014	NUM
ajfa-11761	53	10	)	)	PUNCT
ajfa-11761	53	11	which	which	PRON
ajfa-11761	53	12	suggested	suggest	VERB
ajfa-11761	53	13	that	that	SCONJ
ajfa-11761	53	14	future	future	ADJ
ajfa-11761	53	15	researchers	researcher	NOUN
ajfa-11761	53	16	should	should	AUX
ajfa-11761	53	17	incorporate	incorporate	VERB
ajfa-11761	53	18	sectoral	sectoral	ADJ
ajfa-11761	53	19	analysis	analysis	NOUN
ajfa-11761	53	20	so	so	SCONJ
ajfa-11761	53	21	as	as	SCONJ
ajfa-11761	53	22	to	to	PART
ajfa-11761	53	23	explore	explore	VERB
ajfa-11761	53	24	whether	whether	SCONJ
ajfa-11761	53	25	relationship	relationship	NOUN
ajfa-11761	53	26	is	be	AUX
ajfa-11761	53	27	any	any	DET
ajfa-11761	53	28	different	different	ADJ
ajfa-11761	53	29	given	give	VERB
ajfa-11761	53	30	the	the	DET
ajfa-11761	53	31	specific	specific	ADJ
ajfa-11761	53	32	attributes	attribute	NOUN
ajfa-11761	53	33	particular	particular	ADJ
ajfa-11761	53	34	to	to	ADP
ajfa-11761	53	35	an	an	DET
ajfa-11761	53	36	industry	industry	NOUN
ajfa-11761	53	37	.	.	PUNCT
ajfa-11761	54	1	gleason	gleason	PROPN
ajfa-11761	54	2	et	et	PROPN
ajfa-11761	54	3	al	al	PROPN
ajfa-11761	54	4	.	.	PROPN
ajfa-11761	55	1	(	(	PUNCT
ajfa-11761	55	2	2000	2000	NUM
ajfa-11761	55	3	)	)	PUNCT
ajfa-11761	55	4	also	also	ADV
ajfa-11761	55	5	stated	state	VERB
ajfa-11761	55	6	that	that	SCONJ
ajfa-11761	55	7	‘	'	PUNCT
ajfa-11761	55	8	selecting	select	VERB
ajfa-11761	55	9	all	all	DET
ajfa-11761	55	10	firms	firm	NOUN
ajfa-11761	55	11	from	from	ADP
ajfa-11761	55	12	one	one	NUM
ajfa-11761	55	13	industry	industry	NOUN
ajfa-11761	55	14	ameliorates	ameliorate	VERB
ajfa-11761	55	15	problems	problem	NOUN
ajfa-11761	55	16	associated	associate	VERB
ajfa-11761	55	17	with	with	ADP
ajfa-11761	55	18	analysis	analysis	NOUN
ajfa-11761	55	19	of	of	ADP
ajfa-11761	55	20	firms	firm	NOUN
ajfa-11761	55	21	from	from	ADP
ajfa-11761	55	22	different	different	ADJ
ajfa-11761	55	23	industries	industry	NOUN
ajfa-11761	55	24	.	.	PUNCT
ajfa-11761	55	25	’	'	PUNCT
ajfa-11761	56	1	the	the	DET
ajfa-11761	56	2	rest	rest	NOUN
ajfa-11761	56	3	of	of	ADP
ajfa-11761	56	4	the	the	DET
ajfa-11761	56	5	paper	paper	NOUN
ajfa-11761	56	6	is	be	AUX
ajfa-11761	56	7	organized	organize	VERB
ajfa-11761	56	8	as	as	SCONJ
ajfa-11761	56	9	follows	follow	VERB
ajfa-11761	56	10	.	.	PUNCT
ajfa-11761	57	1	section	section	NOUN
ajfa-11761	57	2	2	2	NUM
ajfa-11761	57	3	discusses	discuss	VERB
ajfa-11761	57	4	the	the	DET
ajfa-11761	57	5	theoretical	theoretical	ADJ
ajfa-11761	57	6	literature	literature	NOUN
ajfa-11761	57	7	review	review	NOUN
ajfa-11761	57	8	of	of	ADP
ajfa-11761	57	9	capital	capital	NOUN
ajfa-11761	57	10	structure	structure	NOUN
ajfa-11761	57	11	and	and	CCONJ
ajfa-11761	57	12	financial	financial	ADJ
ajfa-11761	57	13	performance	performance	NOUN
ajfa-11761	57	14	.	.	PUNCT
ajfa-11761	58	1	section	section	NOUN
ajfa-11761	58	2	3	3	NUM
ajfa-11761	58	3	presents	present	VERB
ajfa-11761	58	4	the	the	DET
ajfa-11761	58	5	research	research	NOUN
ajfa-11761	58	6	design	design	NOUN
ajfa-11761	58	7	,	,	PUNCT
ajfa-11761	58	8	hypotheses	hypothesis	NOUN
ajfa-11761	58	9	and	and	CCONJ
ajfa-11761	58	10	methodology	methodology	NOUN
ajfa-11761	58	11	employed	employ	VERB
ajfa-11761	58	12	to	to	PART
ajfa-11761	58	13	address	address	VERB
ajfa-11761	58	14	the	the	DET
ajfa-11761	58	15	research	research	NOUN
ajfa-11761	58	16	questions	question	NOUN
ajfa-11761	58	17	of	of	ADP
ajfa-11761	58	18	the	the	DET
ajfa-11761	58	19	study	study	NOUN
ajfa-11761	58	20	.	.	PUNCT
ajfa-11761	59	1	it	it	PRON
ajfa-11761	59	2	also	also	ADV
ajfa-11761	59	3	explains	explain	VERB
ajfa-11761	59	4	data	datum	NOUN
ajfa-11761	59	5	collection	collection	NOUN
ajfa-11761	59	6	and	and	CCONJ
ajfa-11761	59	7	sampling	sampling	NOUN
ajfa-11761	59	8	,	,	PUNCT
ajfa-11761	59	9	as	as	ADV
ajfa-11761	59	10	well	well	ADV
ajfa-11761	59	11	as	as	ADP
ajfa-11761	59	12	the	the	DET
ajfa-11761	59	13	measurement	measurement	NOUN
ajfa-11761	59	14	of	of	ADP
ajfa-11761	59	15	research	research	NOUN
ajfa-11761	59	16	variables	variable	NOUN
ajfa-11761	59	17	.	.	PUNCT
ajfa-11761	60	1	section	section	NOUN
ajfa-11761	60	2	4	4	NUM
ajfa-11761	60	3	presents	present	VERB
ajfa-11761	60	4	the	the	DET
ajfa-11761	60	5	results	result	NOUN
ajfa-11761	60	6	of	of	ADP
ajfa-11761	60	7	the	the	DET
ajfa-11761	60	8	research	research	NOUN
ajfa-11761	60	9	,	,	PUNCT
ajfa-11761	60	10	data	data	VERB
ajfa-11761	60	11	analysis	analysis	NOUN
ajfa-11761	60	12	and	and	CCONJ
ajfa-11761	60	13	the	the	DET
ajfa-11761	60	14	discussion	discussion	NOUN
ajfa-11761	60	15	and	and	CCONJ
ajfa-11761	60	16	section	section	NOUN
ajfa-11761	60	17	5	5	NUM
ajfa-11761	60	18	presents	present	VERB
ajfa-11761	60	19	the	the	DET
ajfa-11761	60	20	conclusions	conclusion	NOUN
ajfa-11761	60	21	,	,	PUNCT
ajfa-11761	60	22	recommendations	recommendation	NOUN
ajfa-11761	60	23	and	and	CCONJ
ajfa-11761	60	24	limitations	limitation	NOUN
ajfa-11761	60	25	of	of	ADP
ajfa-11761	60	26	the	the	DET
ajfa-11761	60	27	study	study	NOUN
ajfa-11761	60	28	.	.	PUNCT
ajfa-11761	61	1	most	most	ADJ
ajfa-11761	61	2	of	of	ADP
ajfa-11761	61	3	the	the	DET
ajfa-11761	61	4	previous	previous	ADJ
ajfa-11761	61	5	researchers	researcher	NOUN
ajfa-11761	61	6	have	have	AUX
ajfa-11761	61	7	focused	focus	VERB
ajfa-11761	61	8	on	on	ADP
ajfa-11761	61	9	the	the	DET
ajfa-11761	61	10	impact	impact	NOUN
ajfa-11761	61	11	of	of	ADP
ajfa-11761	61	12	the	the	DET
ajfa-11761	61	13	entire	entire	ADJ
ajfa-11761	61	14	capital	capital	NOUN
ajfa-11761	61	15	structure	structure	NOUN
ajfa-11761	61	16	(	(	PUNCT
ajfa-11761	61	17	both	both	CCONJ
ajfa-11761	61	18	debt	debt	NOUN
ajfa-11761	61	19	and	and	CCONJ
ajfa-11761	61	20	equity	equity	NOUN
ajfa-11761	61	21	components	component	NOUN
ajfa-11761	61	22	)	)	PUNCT
ajfa-11761	61	23	of	of	ADP
ajfa-11761	61	24	the	the	DET
ajfa-11761	61	25	firms	firm	NOUN
ajfa-11761	61	26	on	on	ADP
ajfa-11761	61	27	their	their	PRON
ajfa-11761	61	28	performances	performance	NOUN
ajfa-11761	61	29	.	.	PUNCT
ajfa-11761	62	1	the	the	DET
ajfa-11761	62	2	originality	originality	NOUN
ajfa-11761	62	3	of	of	ADP
ajfa-11761	62	4	this	this	DET
ajfa-11761	62	5	research	research	NOUN
ajfa-11761	62	6	is	be	AUX
ajfa-11761	62	7	that	that	SCONJ
ajfa-11761	62	8	it	it	PRON
ajfa-11761	62	9	seeks	seek	VERB
ajfa-11761	62	10	to	to	PART
ajfa-11761	62	11	test	test	VERB
ajfa-11761	62	12	the	the	DET
ajfa-11761	62	13	impact	impact	NOUN
ajfa-11761	62	14	that	that	PRON
ajfa-11761	62	15	the	the	DET
ajfa-11761	62	16	debt	debt	NOUN
ajfa-11761	62	17	component	component	NOUN
ajfa-11761	62	18	of	of	ADP
ajfa-11761	62	19	the	the	DET
ajfa-11761	62	20	capital	capital	NOUN
ajfa-11761	62	21	structure	structure	NOUN
ajfa-11761	62	22	(	(	PUNCT
ajfa-11761	62	23	debt	debt	NOUN
ajfa-11761	62	24	capital	capital	NOUN
ajfa-11761	62	25	)	)	PUNCT
ajfa-11761	62	26	has	have	VERB
ajfa-11761	62	27	on	on	ADP
ajfa-11761	62	28	the	the	DET
ajfa-11761	62	29	company	company	NOUN
ajfa-11761	62	30	’s	’s	PART
ajfa-11761	62	31	financial	financial	ADJ
ajfa-11761	62	32	performance	performance	NOUN
ajfa-11761	62	33	,	,	PUNCT
ajfa-11761	62	34	if	if	SCONJ
ajfa-11761	62	35	there	there	PRON
ajfa-11761	62	36	’s	’	VERB
ajfa-11761	62	37	any	any	DET
ajfa-11761	62	38	impact	impact	NOUN
ajfa-11761	62	39	at	at	ADV
ajfa-11761	62	40	all	all	ADV
ajfa-11761	62	41	.	.	PUNCT
ajfa-11761	63	1	this	this	PRON
ajfa-11761	63	2	supports	support	VERB
ajfa-11761	63	3	and	and	CCONJ
ajfa-11761	63	4	extends	extend	VERB
ajfa-11761	63	5	the	the	DET
ajfa-11761	63	6	work	work	NOUN
ajfa-11761	63	7	of	of	ADP
ajfa-11761	63	8	other	other	ADJ
ajfa-11761	63	9	researchers	researcher	NOUN
ajfa-11761	63	10	(	(	PUNCT
ajfa-11761	63	11	campello	campello	PROPN
ajfa-11761	63	12	,	,	PUNCT
ajfa-11761	63	13	2006	2006	NUM
ajfa-11761	63	14	;	;	PUNCT
ajfa-11761	63	15	abor	abor	NOUN
ajfa-11761	63	16	,	,	PUNCT
ajfa-11761	63	17	2007	2007	NUM
ajfa-11761	63	18	;	;	PUNCT
ajfa-11761	63	19	eldomiaty	eldomiaty	NOUN
ajfa-11761	63	20	and	and	CCONJ
ajfa-11761	63	21	mohamed	mohame	VERB
ajfa-11761	63	22	,	,	PUNCT
ajfa-11761	63	23	2008	2008	NUM
ajfa-11761	63	24	;	;	PUNCT
ajfa-11761	63	25	sadeghian	sadeghian	PROPN
ajfa-11761	63	26	et	et	PROPN
ajfa-11761	63	27	al	al	PROPN
ajfa-11761	63	28	.	.	PROPN
ajfa-11761	63	29	,	,	PUNCT
ajfa-11761	63	30	2012	2012	NUM
ajfa-11761	63	31	;	;	PUNCT
ajfa-11761	63	32	yazdanfar	yazdanfar	ADV
ajfa-11761	63	33	and	and	CCONJ
ajfa-11761	63	34	öhman	öhman	NOUN
ajfa-11761	63	35	,	,	PUNCT
ajfa-11761	63	36	2015	2015	NUM
ajfa-11761	63	37	;	;	PUNCT
ajfa-11761	63	38	moon	moon	PROPN
ajfa-11761	63	39	et	et	PROPN
ajfa-11761	63	40	al	al	PROPN
ajfa-11761	63	41	,	,	PUNCT
ajfa-11761	63	42	2015	2015	NUM
ajfa-11761	63	43	;	;	PUNCT
ajfa-11761	63	44	davydov	davydov	PROPN
ajfa-11761	63	45	,	,	PUNCT
ajfa-11761	63	46	2015	2015	NUM
ajfa-11761	63	47	)	)	PUNCT
ajfa-11761	63	48	that	that	PRON
ajfa-11761	63	49	have	have	AUX
ajfa-11761	63	50	studied	study	VERB
ajfa-11761	63	51	the	the	DET
ajfa-11761	63	52	impact	impact	NOUN
ajfa-11761	63	53	of	of	ADP
ajfa-11761	63	54	debt	debt	NOUN
ajfa-11761	63	55	financing	financing	NOUN
ajfa-11761	63	56	on	on	ADP
ajfa-11761	63	57	firm	firm	ADJ
ajfa-11761	63	58	performance	performance	NOUN
ajfa-11761	63	59	.	.	PUNCT
ajfa-11761	64	1	as	as	SCONJ
ajfa-11761	64	2	pointed	point	VERB
ajfa-11761	64	3	out	out	ADP
ajfa-11761	64	4	by	by	ADP
ajfa-11761	64	5	eldomiaty	eldomiaty	NOUN
ajfa-11761	64	6	and	and	CCONJ
ajfa-11761	64	7	mohamed	mohamed	PROPN
ajfa-11761	64	8	(	(	PUNCT
ajfa-11761	64	9	2008	2008	NUM
ajfa-11761	64	10	)	)	PUNCT
ajfa-11761	64	11	,	,	PUNCT
ajfa-11761	64	12	‘	'	PUNCT
ajfa-11761	64	13	the	the	DET
ajfa-11761	64	14	literature	literature	NOUN
ajfa-11761	64	15	on	on	ADP
ajfa-11761	64	16	determinants	determinant	NOUN
ajfa-11761	64	17	of	of	ADP
ajfa-11761	64	18	capital	capital	NOUN
ajfa-11761	64	19	structure	structure	NOUN
ajfa-11761	64	20	lends	lend	VERB
ajfa-11761	64	21	itself	itself	PRON
ajfa-11761	64	22	to	to	ADP
ajfa-11761	64	23	firms	firm	NOUN
ajfa-11761	64	24	’	'	PUNCT
ajfa-11761	64	25	debt	debt	NOUN
ajfa-11761	64	26	structure	structure	NOUN
ajfa-11761	64	27	.	.	PUNCT
ajfa-11761	65	1	the	the	DET
ajfa-11761	65	2	literature	literature	NOUN
ajfa-11761	65	3	is	be	AUX
ajfa-11761	65	4	rich	rich	ADJ
ajfa-11761	65	5	in	in	ADP
ajfa-11761	65	6	research	research	NOUN
ajfa-11761	65	7	papers	paper	NOUN
ajfa-11761	65	8	that	that	PRON
ajfa-11761	65	9	discuss	discuss	VERB
ajfa-11761	65	10	the	the	DET
ajfa-11761	65	11	determinants	determinant	NOUN
ajfa-11761	65	12	of	of	ADP
ajfa-11761	65	13	capital	capital	NOUN
ajfa-11761	65	14	structure	structure	NOUN
ajfa-11761	65	15	,	,	PUNCT
ajfa-11761	65	16	mostly	mostly	ADV
ajfa-11761	65	17	focusing	focus	VERB
ajfa-11761	65	18	on	on	ADP
ajfa-11761	65	19	using	use	VERB
ajfa-11761	65	20	the	the	DET
ajfa-11761	65	21	debt	debt	NOUN
ajfa-11761	65	22	ratio	ratio	NOUN
ajfa-11761	65	23	as	as	ADP
ajfa-11761	65	24	a	a	DET
ajfa-11761	65	25	proxy	proxy	NOUN
ajfa-11761	65	26	for	for	ADP
ajfa-11761	65	27	capital	capital	NOUN
ajfa-11761	65	28	structure	structure	NOUN
ajfa-11761	65	29	.	.	PUNCT
ajfa-11761	65	30	’	'	PUNCT
ajfa-11761	66	1	the	the	DET
ajfa-11761	66	2	other	other	ADJ
ajfa-11761	66	3	unique	unique	ADJ
ajfa-11761	66	4	factor	factor	NOUN
ajfa-11761	66	5	is	be	AUX
ajfa-11761	66	6	that	that	SCONJ
ajfa-11761	66	7	most	most	ADJ
ajfa-11761	66	8	previous	previous	ADJ
ajfa-11761	66	9	researchers	researcher	NOUN
ajfa-11761	66	10	(	(	PUNCT
ajfa-11761	66	11	e.g.	e.g.	ADV
ajfa-11761	66	12	,	,	PUNCT
ajfa-11761	66	13	goddard	goddard	PROPN
ajfa-11761	66	14	et	et	PROPN
ajfa-11761	66	15	al	al	PROPN
ajfa-11761	66	16	.	.	PROPN
ajfa-11761	66	17	,	,	PUNCT
ajfa-11761	66	18	2005	2005	NUM
ajfa-11761	66	19	;	;	PUNCT
ajfa-11761	66	20	campello	campello	PROPN
ajfa-11761	66	21	,	,	PUNCT
ajfa-11761	66	22	2006	2006	NUM
ajfa-11761	66	23	;	;	PUNCT
ajfa-11761	66	24	david	david	PROPN
ajfa-11761	66	25	&	&	CCONJ
ajfa-11761	66	26	olorunfemi	olorunfemi	PROPN
ajfa-11761	66	27	,	,	PUNCT
ajfa-11761	66	28	2010	2010	NUM
ajfa-11761	66	29	;	;	PUNCT
ajfa-11761	66	30	salim	salim	NOUN
ajfa-11761	66	31	and	and	CCONJ
ajfa-11761	66	32	yadav	yadav	PROPN
ajfa-11761	66	33	,	,	PUNCT
ajfa-11761	66	34	2012	2012	NUM
ajfa-11761	66	35	;	;	PUNCT
ajfa-11761	66	36	sadeghian	sadeghian	PROPN
ajfa-11761	66	37	et	et	PROPN
ajfa-11761	66	38	al	al	PROPN
ajfa-11761	66	39	.	.	PROPN
ajfa-11761	66	40	,	,	PUNCT
ajfa-11761	66	41	2012	2012	NUM
ajfa-11761	66	42	;	;	PUNCT
ajfa-11761	66	43	dawar	dawar	NOUN
ajfa-11761	66	44	,	,	PUNCT
ajfa-11761	66	45	2014	2014	NUM
ajfa-11761	66	46	;	;	PUNCT
ajfa-11761	66	47	abeywardhana	abeywardhana	PROPN
ajfa-11761	66	48	,	,	PUNCT
ajfa-11761	66	49	2015	2015	NUM
ajfa-11761	66	50	;	;	PUNCT
ajfa-11761	66	51	yazdanfar	yazdanfar	ADV
ajfa-11761	66	52	and	and	CCONJ
ajfa-11761	66	53	öhman	öhman	NOUN
ajfa-11761	66	54	,	,	PUNCT
ajfa-11761	66	55	2015	2015	NUM
ajfa-11761	66	56	,	,	PUNCT
ajfa-11761	66	57	etc	etc	X
ajfa-11761	66	58	.	.	X
ajfa-11761	66	59	)	)	PUNCT
ajfa-11761	66	60	have	have	AUX
ajfa-11761	66	61	conducted	conduct	VERB
ajfa-11761	66	62	their	their	PRON
ajfa-11761	66	63	researches	research	NOUN
ajfa-11761	66	64	on	on	ADP
ajfa-11761	66	65	all	all	DET
ajfa-11761	66	66	non	non	ADJ
ajfa-11761	66	67	-	-	ADJ
ajfa-11761	66	68	financial	financial	ADJ
ajfa-11761	66	69	institutions	institution	NOUN
ajfa-11761	66	70	industries	industry	NOUN
ajfa-11761	66	71	(	(	PUNCT
ajfa-11761	66	72	listed	list	VERB
ajfa-11761	66	73	or	or	CCONJ
ajfa-11761	66	74	non	non	ADJ
ajfa-11761	66	75	-	-	ADJ
ajfa-11761	66	76	listed	listed	ADJ
ajfa-11761	66	77	)	)	PUNCT
ajfa-11761	66	78	together	together	ADV
ajfa-11761	66	79	in	in	ADP
ajfa-11761	66	80	one	one	NUM
ajfa-11761	66	81	study	study	NOUN
ajfa-11761	66	82	,	,	PUNCT
ajfa-11761	66	83	while	while	SCONJ
ajfa-11761	66	84	this	this	DET
ajfa-11761	66	85	study	study	NOUN
ajfa-11761	66	86	seeks	seek	VERB
ajfa-11761	66	87	to	to	PART
ajfa-11761	66	88	research	research	VERB
ajfa-11761	66	89	only	only	ADV
ajfa-11761	66	90	about	about	ADP
ajfa-11761	66	91	the	the	DET
ajfa-11761	66	92	wholesale	wholesale	ADJ
ajfa-11761	66	93	and	and	CCONJ
ajfa-11761	66	94	retail	retail	ADJ
ajfa-11761	66	95	sector	sector	NOUN
ajfa-11761	66	96	(	(	PUNCT
ajfa-11761	66	97	industry	industry	NOUN
ajfa-11761	66	98	)	)	PUNCT
ajfa-11761	66	99	due	due	ADP
ajfa-11761	66	100	to	to	ADP
ajfa-11761	66	101	the	the	DET
ajfa-11761	66	102	little	little	ADJ
ajfa-11761	66	103	amount	amount	NOUN
ajfa-11761	66	104	of	of	ADP
ajfa-11761	66	105	research	research	NOUN
ajfa-11761	66	106	conducted	conduct	VERB
ajfa-11761	66	107	,	,	PUNCT
ajfa-11761	66	108	as	as	ADV
ajfa-11761	66	109	well	well	ADV
ajfa-11761	66	110	as	as	ADP
ajfa-11761	66	111	the	the	DET
ajfa-11761	66	112	negative	negative	ADJ
ajfa-11761	66	113	relationships	relationship	NOUN
ajfa-11761	66	114	found	find	VERB
ajfa-11761	66	115	by	by	ADP
ajfa-11761	66	116	the	the	DET
ajfa-11761	66	117	few	few	ADJ
ajfa-11761	66	118	researchers	researcher	NOUN
ajfa-11761	66	119	on	on	ADP
ajfa-11761	66	120	the	the	DET
ajfa-11761	66	121	impact	impact	NOUN
ajfa-11761	66	122	of	of	ADP
ajfa-11761	66	123	capital	capital	NOUN
ajfa-11761	66	124	structure	structure	NOUN
ajfa-11761	66	125	on	on	ADP
ajfa-11761	66	126	firm	firm	ADJ
ajfa-11761	66	127	performances	performance	NOUN
ajfa-11761	66	128	in	in	ADP
ajfa-11761	66	129	this	this	DET
ajfa-11761	66	130	particular	particular	ADJ
ajfa-11761	66	131	industry	industry	NOUN
ajfa-11761	66	132	(	(	PUNCT
ajfa-11761	66	133	gleason	gleason	PROPN
ajfa-11761	66	134	et	et	PROPN
ajfa-11761	66	135	al	al	PROPN
ajfa-11761	66	136	.	.	PROPN
ajfa-11761	66	137	,	,	PUNCT
ajfa-11761	66	138	2000	2000	NUM
ajfa-11761	66	139	;	;	PUNCT
ajfa-11761	66	140	yazdanfar	yazdanfar	ADV
ajfa-11761	66	141	and	and	CCONJ
ajfa-11761	66	142	öhman	öhman	NOUN
ajfa-11761	66	143	,	,	PUNCT
ajfa-11761	66	144	2015	2015	NUM
ajfa-11761	66	145	)	)	PUNCT
ajfa-11761	66	146	.	.	PUNCT
ajfa-11761	67	1	this	this	DET
ajfa-11761	67	2	study	study	NOUN
ajfa-11761	67	3	proposes	propose	VERB
ajfa-11761	67	4	ratios	ratio	NOUN
ajfa-11761	67	5	and	and	CCONJ
ajfa-11761	67	6	financial	financial	ADJ
ajfa-11761	67	7	links	link	NOUN
ajfa-11761	67	8	that	that	PRON
ajfa-11761	67	9	have	have	AUX
ajfa-11761	67	10	not	not	PART
ajfa-11761	67	11	been	be	AUX
ajfa-11761	67	12	used	use	VERB
ajfa-11761	67	13	by	by	ADP
ajfa-11761	67	14	previous	previous	ADJ
ajfa-11761	67	15	researchers	researcher	NOUN
ajfa-11761	67	16	in	in	ADP
ajfa-11761	67	17	one	one	NUM
ajfa-11761	67	18	study	study	NOUN
ajfa-11761	67	19	.	.	PUNCT
ajfa-11761	68	1	the	the	DET
ajfa-11761	68	2	study	study	NOUN
ajfa-11761	68	3	proposes	propose	VERB
ajfa-11761	68	4	the	the	DET
ajfa-11761	68	5	following	follow	VERB
ajfa-11761	68	6	ratios	ratio	NOUN
ajfa-11761	68	7	to	to	PART
ajfa-11761	68	8	show	show	VERB
ajfa-11761	68	9	a	a	DET
ajfa-11761	68	10	direct	direct	ADJ
ajfa-11761	68	11	link	link	NOUN
ajfa-11761	68	12	between	between	ADP
ajfa-11761	68	13	the	the	DET
ajfa-11761	68	14	company	company	NOUN
ajfa-11761	68	15	’s	’s	PART
ajfa-11761	68	16	debts	debt	NOUN
ajfa-11761	68	17	(	(	PUNCT
ajfa-11761	68	18	with	with	ADP
ajfa-11761	68	19	yearly	yearly	ADJ
ajfa-11761	68	20	movements	movement	NOUN
ajfa-11761	68	21	/	/	SYM
ajfa-11761	68	22	changes	change	NOUN
ajfa-11761	68	23	)	)	PUNCT
ajfa-11761	68	24	and	and	CCONJ
ajfa-11761	68	25	its	its	PRON
ajfa-11761	68	26	performance	performance	NOUN
ajfa-11761	68	27	in	in	ADP
ajfa-11761	68	28	terms	term	NOUN
ajfa-11761	68	29	of	of	ADP
ajfa-11761	68	30	sales	sale	NOUN
ajfa-11761	68	31	and	and	CCONJ
ajfa-11761	68	32	profitability	profitability	NOUN
ajfa-11761	68	33	as	as	ADP
ajfa-11761	68	34	additional	additional	ADJ
ajfa-11761	68	35	tools	tool	NOUN
ajfa-11761	68	36	to	to	PART
ajfa-11761	68	37	measure	measure	VERB
ajfa-11761	68	38	the	the	DET
ajfa-11761	68	39	impact	impact	NOUN
ajfa-11761	68	40	of	of	ADP
ajfa-11761	68	41	the	the	DET
ajfa-11761	68	42	firm	firm	NOUN
ajfa-11761	68	43	’s	’s	PART
ajfa-11761	68	44	debt	debt	NOUN
ajfa-11761	68	45	capital	capital	NOUN
ajfa-11761	68	46	on	on	ADP
ajfa-11761	68	47	the	the	DET
ajfa-11761	68	48	company	company	NOUN
ajfa-11761	68	49	’s	’s	PART
ajfa-11761	68	50	performance	performance	NOUN
ajfa-11761	68	51	,	,	PUNCT
ajfa-11761	68	52	size	size	NOUN
ajfa-11761	68	53	kept	keep	VERB
ajfa-11761	68	54	constant	constant	ADJ
ajfa-11761	68	55	:	:	PUNCT
ajfa-11761	68	56	debt	debt	NOUN
ajfa-11761	68	57	growth	growth	NOUN
ajfa-11761	68	58	rate	rate	NOUN
ajfa-11761	68	59	vs.	vs.	ADP
ajfa-11761	68	60	sales	sale	NOUN
ajfa-11761	68	61	growth	growth	NOUN
ajfa-11761	68	62	rate	rate	NOUN
ajfa-11761	68	63	debt	debt	NOUN
ajfa-11761	68	64	growth	growth	NOUN
ajfa-11761	68	65	rate	rate	NOUN
ajfa-11761	68	66	vs.	vs.	ADP
ajfa-11761	68	67	profit	profit	NOUN
ajfa-11761	68	68	growth	growth	NOUN
ajfa-11761	68	69	rate	rate	NOUN
ajfa-11761	68	70	asian	asian	ADJ
ajfa-11761	68	71	journal	journal	NOUN
ajfa-11761	68	72	of	of	ADP
ajfa-11761	68	73	finance	finance	PROPN
ajfa-11761	68	74	&	&	CCONJ
ajfa-11761	68	75	accounting	accounting	PROPN
ajfa-11761	68	76	issn	issn	PROPN
ajfa-11761	68	77	1946	1946	NUM
ajfa-11761	68	78	-	-	PUNCT
ajfa-11761	68	79	052x	052x	PROPN
ajfa-11761	68	80	2017	2017	NUM
ajfa-11761	68	81	,	,	PUNCT
ajfa-11761	68	82	vol	vol	NOUN
ajfa-11761	68	83	.	.	NOUN
ajfa-11761	69	1	9	9	NUM
ajfa-11761	69	2	,	,	PUNCT
ajfa-11761	69	3	no	no	NOUN
ajfa-11761	69	4	.	.	NOUN
ajfa-11761	69	5	2	2	NUM
ajfa-11761	69	6	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	69	7	108	108	NUM
ajfa-11761	69	8	this	this	DET
ajfa-11761	69	9	study	study	NOUN
ajfa-11761	69	10	seeks	seek	VERB
ajfa-11761	69	11	to	to	PART
ajfa-11761	69	12	pioneer	pioneer	VERB
ajfa-11761	69	13	the	the	DET
ajfa-11761	69	14	addressing	addressing	NOUN
ajfa-11761	69	15	of	of	ADP
ajfa-11761	69	16	the	the	DET
ajfa-11761	69	17	root	root	NOUN
ajfa-11761	69	18	causes	cause	NOUN
ajfa-11761	69	19	and	and	CCONJ
ajfa-11761	69	20	reasons	reason	NOUN
ajfa-11761	69	21	of	of	ADP
ajfa-11761	69	22	research	research	NOUN
ajfa-11761	69	23	contradictions	contradiction	NOUN
ajfa-11761	69	24	in	in	ADP
ajfa-11761	69	25	this	this	DET
ajfa-11761	69	26	study	study	NOUN
ajfa-11761	69	27	area	area	NOUN
ajfa-11761	69	28	by	by	ADP
ajfa-11761	69	29	breaking	break	VERB
ajfa-11761	69	30	down	down	ADP
ajfa-11761	69	31	the	the	DET
ajfa-11761	69	32	broader	broad	ADJ
ajfa-11761	69	33	areas	area	NOUN
ajfa-11761	69	34	(	(	PUNCT
ajfa-11761	69	35	i.e.	i.e.	X
ajfa-11761	69	36	capital	capital	NOUN
ajfa-11761	69	37	structure	structure	NOUN
ajfa-11761	69	38	)	)	PUNCT
ajfa-11761	69	39	into	into	ADP
ajfa-11761	69	40	small	small	ADJ
ajfa-11761	69	41	components	component	NOUN
ajfa-11761	69	42	that	that	PRON
ajfa-11761	69	43	make	make	VERB
ajfa-11761	69	44	up	up	ADP
ajfa-11761	69	45	the	the	DET
ajfa-11761	69	46	whole	whole	ADJ
ajfa-11761	69	47	study	study	NOUN
ajfa-11761	69	48	area	area	NOUN
ajfa-11761	69	49	,	,	PUNCT
ajfa-11761	69	50	and	and	CCONJ
ajfa-11761	69	51	to	to	PART
ajfa-11761	69	52	identify	identify	VERB
ajfa-11761	69	53	in	in	ADP
ajfa-11761	69	54	which	which	PRON
ajfa-11761	69	55	industries	industry	NOUN
ajfa-11761	69	56	do	do	VERB
ajfa-11761	69	57	different	different	ADJ
ajfa-11761	69	58	components	component	NOUN
ajfa-11761	69	59	of	of	ADP
ajfa-11761	69	60	the	the	DET
ajfa-11761	69	61	capital	capital	NOUN
ajfa-11761	69	62	structure	structure	NOUN
ajfa-11761	69	63	have	have	VERB
ajfa-11761	69	64	significant	significant	ADJ
ajfa-11761	69	65	impact	impact	NOUN
ajfa-11761	69	66	or	or	CCONJ
ajfa-11761	69	67	weak	weak	ADJ
ajfa-11761	69	68	-	-	PUNCT
ajfa-11761	69	69	to	to	ADP
ajfa-11761	69	70	-	-	PUNCT
ajfa-11761	69	71	no	no	PRON
ajfa-11761	69	72	impact	impact	NOUN
ajfa-11761	69	73	on	on	ADP
ajfa-11761	69	74	firm	firm	ADJ
ajfa-11761	69	75	performances	performance	NOUN
ajfa-11761	69	76	.	.	PUNCT
ajfa-11761	70	1	2	2	X
ajfa-11761	70	2	.	.	X
ajfa-11761	70	3	literature	literature	NOUN
ajfa-11761	70	4	review	review	VERB
ajfa-11761	70	5	the	the	DET
ajfa-11761	70	6	impact	impact	NOUN
ajfa-11761	70	7	of	of	ADP
ajfa-11761	70	8	debt	debt	NOUN
ajfa-11761	70	9	financing	financing	NOUN
ajfa-11761	70	10	and	and	CCONJ
ajfa-11761	70	11	financial	financial	ADJ
ajfa-11761	70	12	performance	performance	NOUN
ajfa-11761	70	13	has	have	AUX
ajfa-11761	70	14	been	be	AUX
ajfa-11761	70	15	the	the	DET
ajfa-11761	70	16	subject	subject	NOUN
ajfa-11761	70	17	of	of	ADP
ajfa-11761	70	18	many	many	ADJ
ajfa-11761	70	19	studies	study	NOUN
ajfa-11761	70	20	.	.	PUNCT
ajfa-11761	71	1	while	while	SCONJ
ajfa-11761	71	2	most	most	ADJ
ajfa-11761	71	3	of	of	ADP
ajfa-11761	71	4	these	these	DET
ajfa-11761	71	5	studies	study	NOUN
ajfa-11761	71	6	ignore	ignore	VERB
ajfa-11761	71	7	wholesale	wholesale	ADJ
ajfa-11761	71	8	and	and	CCONJ
ajfa-11761	71	9	retail	retail	ADJ
ajfa-11761	71	10	sector	sector	NOUN
ajfa-11761	71	11	in	in	ADP
ajfa-11761	71	12	favour	favour	NOUN
ajfa-11761	71	13	of	of	ADP
ajfa-11761	71	14	manufacturing	manufacturing	NOUN
ajfa-11761	71	15	and	and	CCONJ
ajfa-11761	71	16	other	other	ADJ
ajfa-11761	71	17	sectors	sector	NOUN
ajfa-11761	71	18	(	(	PUNCT
ajfa-11761	71	19	goddard	goddard	PROPN
ajfa-11761	71	20	et	et	PROPN
ajfa-11761	71	21	al	al	PROPN
ajfa-11761	71	22	.	.	PROPN
ajfa-11761	71	23	,	,	PUNCT
ajfa-11761	71	24	2005	2005	NUM
ajfa-11761	71	25	;	;	PUNCT
ajfa-11761	71	26	abor	abor	NOUN
ajfa-11761	71	27	,	,	PUNCT
ajfa-11761	71	28	2005	2005	NUM
ajfa-11761	71	29	;	;	PUNCT
ajfa-11761	71	30	abu	abu	PROPN
ajfa-11761	71	31	-	-	PUNCT
ajfa-11761	71	32	tapanjeh	tapanjeh	PROPN
ajfa-11761	71	33	,	,	PUNCT
ajfa-11761	71	34	2006	2006	NUM
ajfa-11761	71	35	;	;	PUNCT
ajfa-11761	71	36	nimalathasan	nimalathasan	PROPN
ajfa-11761	71	37	and	and	CCONJ
ajfa-11761	71	38	brabete	brabete	ADJ
ajfa-11761	71	39	,	,	PUNCT
ajfa-11761	71	40	2010	2010	NUM
ajfa-11761	71	41	;	;	PUNCT
ajfa-11761	71	42	sheikh	sheikh	NOUN
ajfa-11761	71	43	and	and	CCONJ
ajfa-11761	71	44	wang	wang	PROPN
ajfa-11761	71	45	,	,	PUNCT
ajfa-11761	71	46	2011	2011	NUM
ajfa-11761	71	47	;	;	PUNCT
ajfa-11761	71	48	salim	salim	NOUN
ajfa-11761	71	49	and	and	CCONJ
ajfa-11761	71	50	yadav	yadav	PROPN
ajfa-11761	71	51	,	,	PUNCT
ajfa-11761	71	52	2012	2012	NUM
ajfa-11761	71	53	)	)	PUNCT
ajfa-11761	71	54	,	,	PUNCT
ajfa-11761	71	55	the	the	DET
ajfa-11761	71	56	current	current	ADJ
ajfa-11761	71	57	study	study	NOUN
ajfa-11761	71	58	highlights	highlight	VERB
ajfa-11761	71	59	the	the	DET
ajfa-11761	71	60	significance	significance	NOUN
ajfa-11761	71	61	of	of	ADP
ajfa-11761	71	62	the	the	DET
ajfa-11761	71	63	less	less	ADV
ajfa-11761	71	64	researched	research	VERB
ajfa-11761	71	65	sector	sector	NOUN
ajfa-11761	71	66	and	and	CCONJ
ajfa-11761	71	67	the	the	DET
ajfa-11761	71	68	importance	importance	NOUN
ajfa-11761	71	69	of	of	ADP
ajfa-11761	71	70	location	location	NOUN
ajfa-11761	71	71	of	of	ADP
ajfa-11761	71	72	trade	trade	NOUN
ajfa-11761	71	73	for	for	SCONJ
ajfa-11761	71	74	the	the	DET
ajfa-11761	71	75	companies	company	NOUN
ajfa-11761	71	76	being	be	AUX
ajfa-11761	71	77	researched	research	VERB
ajfa-11761	71	78	.	.	PUNCT
ajfa-11761	72	1	in	in	ADP
ajfa-11761	72	2	south	south	PROPN
ajfa-11761	72	3	africa	africa	PROPN
ajfa-11761	72	4	,	,	PUNCT
ajfa-11761	72	5	according	accord	VERB
ajfa-11761	72	6	to	to	ADP
ajfa-11761	72	7	south	south	PROPN
ajfa-11761	72	8	africa	africa	PROPN
ajfa-11761	72	9	’s	’s	PART
ajfa-11761	72	10	key	key	ADJ
ajfa-11761	72	11	sectors	sector	NOUN
ajfa-11761	72	12	contribution	contribution	NOUN
ajfa-11761	72	13	to	to	ADP
ajfa-11761	72	14	gross	gross	ADJ
ajfa-11761	72	15	domestic	domestic	ADJ
ajfa-11761	72	16	product	product	NOUN
ajfa-11761	72	17	(	(	PUNCT
ajfa-11761	72	18	gdp	gdp	NOUN
ajfa-11761	72	19	)	)	PUNCT
ajfa-11761	72	20	growth	growth	NOUN
ajfa-11761	72	21	in	in	ADP
ajfa-11761	72	22	2013	2013	NUM
ajfa-11761	72	23	,	,	PUNCT
ajfa-11761	72	24	wholesale	wholesale	ADJ
ajfa-11761	72	25	and	and	CCONJ
ajfa-11761	72	26	retail	retail	ADJ
ajfa-11761	72	27	trade	trade	NOUN
ajfa-11761	72	28	contributed	contribute	VERB
ajfa-11761	72	29	12.5	12.5	NUM
ajfa-11761	72	30	%	%	NOUN
ajfa-11761	72	31	to	to	ADP
ajfa-11761	72	32	the	the	DET
ajfa-11761	72	33	gdp	gdp	NOUN
ajfa-11761	72	34	.	.	PUNCT
ajfa-11761	73	1	that	that	PRON
ajfa-11761	73	2	is	be	AUX
ajfa-11761	73	3	the	the	DET
ajfa-11761	73	4	fourth	fourth	ADV
ajfa-11761	73	5	largest	large	ADJ
ajfa-11761	73	6	contributing	contribute	VERB
ajfa-11761	73	7	factor	factor	NOUN
ajfa-11761	73	8	in	in	ADP
ajfa-11761	73	9	the	the	DET
ajfa-11761	73	10	country	country	NOUN
ajfa-11761	73	11	.	.	PUNCT
ajfa-11761	74	1	abor	abor	NOUN
ajfa-11761	74	2	(	(	PUNCT
ajfa-11761	74	3	2005	2005	NUM
ajfa-11761	74	4	)	)	PUNCT
ajfa-11761	74	5	adapted	adapt	VERB
ajfa-11761	74	6	regression	regression	NOUN
ajfa-11761	74	7	analysis	analysis	NOUN
ajfa-11761	74	8	to	to	PART
ajfa-11761	74	9	test	test	VERB
ajfa-11761	74	10	the	the	DET
ajfa-11761	74	11	relationship	relationship	NOUN
ajfa-11761	74	12	between	between	ADP
ajfa-11761	74	13	capital	capital	NOUN
ajfa-11761	74	14	structure	structure	NOUN
ajfa-11761	74	15	and	and	CCONJ
ajfa-11761	74	16	performance	performance	NOUN
ajfa-11761	74	17	in	in	ADP
ajfa-11761	74	18	terms	term	NOUN
ajfa-11761	74	19	of	of	ADP
ajfa-11761	74	20	profitability	profitability	NOUN
ajfa-11761	74	21	among	among	ADP
ajfa-11761	74	22	22	22	NUM
ajfa-11761	74	23	listed	list	VERB
ajfa-11761	74	24	firms	firm	NOUN
ajfa-11761	74	25	in	in	ADP
ajfa-11761	74	26	ghana	ghana	PROPN
ajfa-11761	74	27	over	over	ADP
ajfa-11761	74	28	the	the	DET
ajfa-11761	74	29	1998	1998	NUM
ajfa-11761	74	30	-	-	SYM
ajfa-11761	74	31	2002	2002	NUM
ajfa-11761	74	32	period	period	NOUN
ajfa-11761	74	33	.	.	PUNCT
ajfa-11761	75	1	the	the	DET
ajfa-11761	75	2	study	study	NOUN
ajfa-11761	75	3	of	of	ADP
ajfa-11761	75	4	abor	abor	NOUN
ajfa-11761	75	5	(	(	PUNCT
ajfa-11761	75	6	2005	2005	NUM
ajfa-11761	75	7	)	)	PUNCT
ajfa-11761	75	8	revealed	reveal	VERB
ajfa-11761	75	9	a	a	DET
ajfa-11761	75	10	significantly	significantly	ADV
ajfa-11761	75	11	positive	positive	ADJ
ajfa-11761	75	12	relation	relation	NOUN
ajfa-11761	75	13	between	between	ADP
ajfa-11761	75	14	the	the	DET
ajfa-11761	75	15	ratio	ratio	NOUN
ajfa-11761	75	16	of	of	ADP
ajfa-11761	75	17	short	short	ADJ
ajfa-11761	75	18	-	-	PUNCT
ajfa-11761	75	19	term	term	NOUN
ajfa-11761	75	20	debt	debt	NOUN
ajfa-11761	75	21	to	to	ADP
ajfa-11761	75	22	total	total	ADJ
ajfa-11761	75	23	assets	asset	NOUN
ajfa-11761	75	24	and	and	CCONJ
ajfa-11761	75	25	return	return	VERB
ajfa-11761	75	26	on	on	ADP
ajfa-11761	75	27	equity	equity	NOUN
ajfa-11761	75	28	(	(	PUNCT
ajfa-11761	75	29	roe	roe	PROPN
ajfa-11761	75	30	)	)	PUNCT
ajfa-11761	75	31	.	.	PUNCT
ajfa-11761	76	1	on	on	ADP
ajfa-11761	76	2	the	the	DET
ajfa-11761	76	3	other	other	ADJ
ajfa-11761	76	4	hand	hand	NOUN
ajfa-11761	76	5	,	,	PUNCT
ajfa-11761	76	6	abor	abor	NOUN
ajfa-11761	76	7	(	(	PUNCT
ajfa-11761	76	8	2005	2005	NUM
ajfa-11761	76	9	)	)	PUNCT
ajfa-11761	76	10	indicated	indicate	VERB
ajfa-11761	76	11	that	that	SCONJ
ajfa-11761	76	12	there	there	PRON
ajfa-11761	76	13	was	be	VERB
ajfa-11761	76	14	a	a	DET
ajfa-11761	76	15	negative	negative	ADJ
ajfa-11761	76	16	relationship	relationship	NOUN
ajfa-11761	76	17	between	between	ADP
ajfa-11761	76	18	the	the	DET
ajfa-11761	76	19	ratio	ratio	NOUN
ajfa-11761	76	20	of	of	ADP
ajfa-11761	76	21	long	long	ADJ
ajfa-11761	76	22	-	-	PUNCT
ajfa-11761	76	23	term	term	NOUN
ajfa-11761	76	24	debt	debt	NOUN
ajfa-11761	76	25	to	to	ADP
ajfa-11761	76	26	total	total	ADJ
ajfa-11761	76	27	assets	asset	NOUN
ajfa-11761	76	28	and	and	CCONJ
ajfa-11761	76	29	roe	roe	NOUN
ajfa-11761	76	30	.	.	PUNCT
ajfa-11761	77	1	going	go	VERB
ajfa-11761	77	2	further	far	ADV
ajfa-11761	77	3	,	,	PUNCT
ajfa-11761	77	4	abor	abor	NOUN
ajfa-11761	77	5	(	(	PUNCT
ajfa-11761	77	6	2007	2007	NUM
ajfa-11761	77	7	)	)	PUNCT
ajfa-11761	77	8	used	use	VERB
ajfa-11761	77	9	a	a	DET
ajfa-11761	77	10	generalized	generalized	ADJ
ajfa-11761	77	11	least	least	ADJ
ajfa-11761	77	12	squares	square	NOUN
ajfa-11761	77	13	regression	regression	VERB
ajfa-11761	77	14	to	to	PART
ajfa-11761	77	15	study	study	VERB
ajfa-11761	77	16	a	a	DET
ajfa-11761	77	17	sample	sample	NOUN
ajfa-11761	77	18	of	of	ADP
ajfa-11761	77	19	160	160	NUM
ajfa-11761	77	20	ghanaian	ghanaian	ADJ
ajfa-11761	77	21	and	and	CCONJ
ajfa-11761	77	22	200	200	NUM
ajfa-11761	77	23	south	south	ADJ
ajfa-11761	77	24	african	african	ADJ
ajfa-11761	77	25	small	small	ADJ
ajfa-11761	77	26	and	and	CCONJ
ajfa-11761	77	27	medium	medium	ADJ
ajfa-11761	77	28	sized	sized	ADJ
ajfa-11761	77	29	enterprises	enterprise	NOUN
ajfa-11761	77	30	(	(	PUNCT
ajfa-11761	77	31	smes	sme	NOUN
ajfa-11761	77	32	)	)	PUNCT
ajfa-11761	77	33	over	over	ADP
ajfa-11761	77	34	the	the	DET
ajfa-11761	77	35	1998	1998	NUM
ajfa-11761	77	36	-	-	SYM
ajfa-11761	77	37	2003	2003	NUM
ajfa-11761	77	38	period	period	NOUN
ajfa-11761	77	39	.	.	PUNCT
ajfa-11761	78	1	the	the	DET
ajfa-11761	78	2	results	result	NOUN
ajfa-11761	78	3	of	of	ADP
ajfa-11761	78	4	abor	abor	NOUN
ajfa-11761	78	5	(	(	PUNCT
ajfa-11761	78	6	2007	2007	NUM
ajfa-11761	78	7	)	)	PUNCT
ajfa-11761	78	8	indicate	indicate	VERB
ajfa-11761	78	9	that	that	SCONJ
ajfa-11761	78	10	capital	capital	NOUN
ajfa-11761	78	11	structure	structure	NOUN
ajfa-11761	78	12	influences	influence	VERB
ajfa-11761	78	13	financial	financial	ADJ
ajfa-11761	78	14	performance	performance	NOUN
ajfa-11761	78	15	of	of	ADP
ajfa-11761	78	16	ghanaian	ghanaian	ADJ
ajfa-11761	78	17	and	and	CCONJ
ajfa-11761	78	18	south	south	ADJ
ajfa-11761	78	19	african	african	ADJ
ajfa-11761	78	20	firms	firm	NOUN
ajfa-11761	78	21	,	,	PUNCT
ajfa-11761	78	22	although	although	SCONJ
ajfa-11761	78	23	not	not	PART
ajfa-11761	78	24	exclusively	exclusively	ADV
ajfa-11761	78	25	.	.	PUNCT
ajfa-11761	79	1	on	on	ADP
ajfa-11761	79	2	the	the	DET
ajfa-11761	79	3	other	other	ADJ
ajfa-11761	79	4	hand	hand	NOUN
ajfa-11761	79	5	,	,	PUNCT
ajfa-11761	79	6	abor	abor	NOUN
ajfa-11761	79	7	(	(	PUNCT
ajfa-11761	79	8	2007	2007	NUM
ajfa-11761	79	9	)	)	PUNCT
ajfa-11761	79	10	found	find	VERB
ajfa-11761	79	11	that	that	SCONJ
ajfa-11761	79	12	by	by	ADP
ajfa-11761	79	13	and	and	CCONJ
ajfa-11761	79	14	large	large	ADJ
ajfa-11761	79	15	,	,	PUNCT
ajfa-11761	79	16	the	the	DET
ajfa-11761	79	17	results	result	NOUN
ajfa-11761	79	18	indicate	indicate	VERB
ajfa-11761	79	19	that	that	SCONJ
ajfa-11761	79	20	capital	capital	NOUN
ajfa-11761	79	21	structure	structure	NOUN
ajfa-11761	79	22	,	,	PUNCT
ajfa-11761	79	23	especially	especially	ADV
ajfa-11761	79	24	long	long	ADJ
ajfa-11761	79	25	-	-	PUNCT
ajfa-11761	79	26	term	term	NOUN
ajfa-11761	79	27	and	and	CCONJ
ajfa-11761	79	28	total	total	ADJ
ajfa-11761	79	29	debt	debt	NOUN
ajfa-11761	79	30	ratios	ratio	NOUN
ajfa-11761	79	31	,	,	PUNCT
ajfa-11761	79	32	negatively	negatively	ADV
ajfa-11761	79	33	affect	affect	VERB
ajfa-11761	79	34	performance	performance	NOUN
ajfa-11761	79	35	of	of	ADP
ajfa-11761	79	36	smes	sme	NOUN
ajfa-11761	79	37	.	.	PUNCT
ajfa-11761	80	1	the	the	DET
ajfa-11761	80	2	two	two	NUM
ajfa-11761	80	3	studies	study	NOUN
ajfa-11761	80	4	show	show	VERB
ajfa-11761	80	5	that	that	SCONJ
ajfa-11761	80	6	there	there	PRON
ajfa-11761	80	7	was	be	VERB
ajfa-11761	80	8	a	a	DET
ajfa-11761	80	9	definite	definite	ADJ
ajfa-11761	80	10	negative	negative	ADJ
ajfa-11761	80	11	relationship	relationship	NOUN
ajfa-11761	80	12	between	between	ADP
ajfa-11761	80	13	long	long	ADJ
ajfa-11761	80	14	-	-	PUNCT
ajfa-11761	80	15	term	term	NOUN
ajfa-11761	80	16	debt	debt	NOUN
ajfa-11761	80	17	ratios	ratio	NOUN
ajfa-11761	80	18	and	and	CCONJ
ajfa-11761	80	19	the	the	DET
ajfa-11761	80	20	financial	financial	ADJ
ajfa-11761	80	21	performance	performance	NOUN
ajfa-11761	80	22	of	of	ADP
ajfa-11761	80	23	the	the	DET
ajfa-11761	80	24	firm	firm	NOUN
ajfa-11761	80	25	;	;	PUNCT
ajfa-11761	80	26	while	while	SCONJ
ajfa-11761	80	27	the	the	DET
ajfa-11761	80	28	short	short	ADJ
ajfa-11761	80	29	-	-	PUNCT
ajfa-11761	80	30	term	term	NOUN
ajfa-11761	80	31	debt	debt	NOUN
ajfa-11761	80	32	ratios	ratio	NOUN
ajfa-11761	80	33	impact	impact	VERB
ajfa-11761	80	34	the	the	DET
ajfa-11761	80	35	firm	firm	ADJ
ajfa-11761	80	36	performance	performance	NOUN
ajfa-11761	80	37	positively.ebaid	positively.ebaid	X
ajfa-11761	80	38	(	(	PUNCT
ajfa-11761	80	39	2009	2009	NUM
ajfa-11761	80	40	)	)	PUNCT
ajfa-11761	80	41	used	use	VERB
ajfa-11761	80	42	multiple	multiple	ADJ
ajfa-11761	80	43	regression	regression	NOUN
ajfa-11761	80	44	analysis	analysis	NOUN
ajfa-11761	80	45	and	and	CCONJ
ajfa-11761	80	46	revealed	reveal	VERB
ajfa-11761	80	47	that	that	SCONJ
ajfa-11761	80	48	capital	capital	NOUN
ajfa-11761	80	49	structure	structure	NOUN
ajfa-11761	80	50	choice	choice	NOUN
ajfa-11761	80	51	decision	decision	NOUN
ajfa-11761	80	52	,	,	PUNCT
ajfa-11761	80	53	in	in	ADP
ajfa-11761	80	54	general	general	ADJ
ajfa-11761	80	55	terms	term	NOUN
ajfa-11761	80	56	,	,	PUNCT
ajfa-11761	80	57	has	have	VERB
ajfa-11761	80	58	a	a	DET
ajfa-11761	80	59	weak	weak	ADJ
ajfa-11761	80	60	-	-	PUNCT
ajfa-11761	80	61	to	to	ADP
ajfa-11761	80	62	-	-	PUNCT
ajfa-11761	80	63	no	no	PRON
ajfa-11761	80	64	impact	impact	NOUN
ajfa-11761	80	65	on	on	ADP
ajfa-11761	80	66	firm	firm	NOUN
ajfa-11761	80	67	’s	’s	PART
ajfa-11761	80	68	performance	performance	NOUN
ajfa-11761	80	69	.	.	PUNCT
ajfa-11761	81	1	booth	booth	NOUN
ajfa-11761	81	2	et	et	PROPN
ajfa-11761	81	3	al	al	PROPN
ajfa-11761	81	4	.	.	PROPN
ajfa-11761	82	1	(	(	PUNCT
ajfa-11761	82	2	2001	2001	NUM
ajfa-11761	82	3	)	)	PUNCT
ajfa-11761	82	4	found	find	VERB
ajfa-11761	82	5	that	that	SCONJ
ajfa-11761	82	6	debt	debt	NOUN
ajfa-11761	82	7	ratios	ratio	NOUN
ajfa-11761	82	8	and	and	CCONJ
ajfa-11761	82	9	profitability	profitability	NOUN
ajfa-11761	82	10	are	be	AUX
ajfa-11761	82	11	negatively	negatively	ADV
ajfa-11761	82	12	correlated	correlate	VERB
ajfa-11761	82	13	for	for	ADP
ajfa-11761	82	14	a	a	DET
ajfa-11761	82	15	set	set	NOUN
ajfa-11761	82	16	of	of	ADP
ajfa-11761	82	17	ten	ten	NUM
ajfa-11761	82	18	developing	develop	VERB
ajfa-11761	82	19	countries	country	NOUN
ajfa-11761	82	20	including	include	VERB
ajfa-11761	82	21	brazil	brazil	PROPN
ajfa-11761	82	22	,	,	PUNCT
ajfa-11761	82	23	mexico	mexico	PROPN
ajfa-11761	82	24	,	,	PUNCT
ajfa-11761	82	25	south	south	PROPN
ajfa-11761	82	26	korea	korea	PROPN
ajfa-11761	82	27	,	,	PUNCT
ajfa-11761	82	28	zimbabwe	zimbabwe	PROPN
ajfa-11761	82	29	and	and	CCONJ
ajfa-11761	82	30	malaysia	malaysia	PROPN
ajfa-11761	82	31	among	among	ADP
ajfa-11761	82	32	others	other	NOUN
ajfa-11761	82	33	.	.	PUNCT
ajfa-11761	83	1	american	american	ADJ
ajfa-11761	83	2	researchers	researcher	NOUN
ajfa-11761	83	3	in	in	ADP
ajfa-11761	83	4	general	general	ADJ
ajfa-11761	83	5	have	have	AUX
ajfa-11761	83	6	found	find	VERB
ajfa-11761	83	7	mixed	mixed	ADJ
ajfa-11761	83	8	results	result	NOUN
ajfa-11761	83	9	in	in	ADP
ajfa-11761	83	10	their	their	PRON
ajfa-11761	83	11	studies	study	NOUN
ajfa-11761	83	12	of	of	ADP
ajfa-11761	83	13	the	the	DET
ajfa-11761	83	14	impact	impact	NOUN
ajfa-11761	83	15	of	of	ADP
ajfa-11761	83	16	debt	debt	NOUN
ajfa-11761	83	17	financing	financing	NOUN
ajfa-11761	83	18	on	on	ADP
ajfa-11761	83	19	firm	firm	ADJ
ajfa-11761	83	20	performance	performance	NOUN
ajfa-11761	83	21	.	.	PUNCT
ajfa-11761	84	1	many	many	ADJ
ajfa-11761	84	2	show	show	VERB
ajfa-11761	84	3	that	that	SCONJ
ajfa-11761	84	4	the	the	DET
ajfa-11761	84	5	use	use	NOUN
ajfa-11761	84	6	of	of	ADP
ajfa-11761	84	7	debt	debt	NOUN
ajfa-11761	84	8	at	at	ADP
ajfa-11761	84	9	different	different	ADJ
ajfa-11761	84	10	levels	level	NOUN
ajfa-11761	84	11	(	(	PUNCT
ajfa-11761	84	12	high	high	ADJ
ajfa-11761	84	13	debt	debt	NOUN
ajfa-11761	84	14	financing	financing	NOUN
ajfa-11761	84	15	or	or	CCONJ
ajfa-11761	84	16	low	low	ADJ
ajfa-11761	84	17	debt	debt	NOUN
ajfa-11761	84	18	financing	financing	NOUN
ajfa-11761	84	19	)	)	PUNCT
ajfa-11761	84	20	would	would	AUX
ajfa-11761	84	21	yield	yield	VERB
ajfa-11761	84	22	different	different	ADJ
ajfa-11761	84	23	results	result	NOUN
ajfa-11761	84	24	as	as	ADV
ajfa-11761	84	25	far	far	ADV
ajfa-11761	84	26	as	as	SCONJ
ajfa-11761	84	27	the	the	DET
ajfa-11761	84	28	debt	debt	NOUN
ajfa-11761	84	29	impact	impact	NOUN
ajfa-11761	84	30	or	or	CCONJ
ajfa-11761	84	31	influence	influence	NOUN
ajfa-11761	84	32	on	on	ADP
ajfa-11761	84	33	firm	firm	ADJ
ajfa-11761	84	34	performance	performance	NOUN
ajfa-11761	84	35	is	be	AUX
ajfa-11761	84	36	concerned	concern	VERB
ajfa-11761	84	37	.	.	PUNCT
ajfa-11761	85	1	according	accord	VERB
ajfa-11761	85	2	to	to	ADP
ajfa-11761	85	3	hadlock	hadlock	NOUN
ajfa-11761	85	4	and	and	CCONJ
ajfa-11761	85	5	james	james	PROPN
ajfa-11761	85	6	(	(	PUNCT
ajfa-11761	85	7	2002	2002	NUM
ajfa-11761	85	8	)	)	PUNCT
ajfa-11761	85	9	american	american	ADJ
ajfa-11761	85	10	corporations	corporation	NOUN
ajfa-11761	85	11	with	with	ADP
ajfa-11761	85	12	high	high	ADJ
ajfa-11761	85	13	level	level	NOUN
ajfa-11761	85	14	of	of	ADP
ajfa-11761	85	15	profitability	profitability	NOUN
ajfa-11761	85	16	use	use	VERB
ajfa-11761	85	17	high	high	ADJ
ajfa-11761	85	18	level	level	NOUN
ajfa-11761	85	19	of	of	ADP
ajfa-11761	85	20	debts	debt	NOUN
ajfa-11761	85	21	,	,	PUNCT
ajfa-11761	85	22	citing	cite	VERB
ajfa-11761	85	23	a	a	DET
ajfa-11761	85	24	positive	positive	ADJ
ajfa-11761	85	25	relationship	relationship	NOUN
ajfa-11761	85	26	between	between	ADP
ajfa-11761	85	27	debt	debt	NOUN
ajfa-11761	85	28	and	and	CCONJ
ajfa-11761	85	29	profitability	profitability	NOUN
ajfa-11761	85	30	only	only	ADV
ajfa-11761	85	31	when	when	SCONJ
ajfa-11761	85	32	the	the	DET
ajfa-11761	85	33	level	level	NOUN
ajfa-11761	85	34	of	of	ADP
ajfa-11761	85	35	debt	debt	NOUN
ajfa-11761	85	36	is	be	AUX
ajfa-11761	85	37	higher	high	ADJ
ajfa-11761	85	38	or	or	CCONJ
ajfa-11761	85	39	the	the	DET
ajfa-11761	85	40	other	other	ADJ
ajfa-11761	85	41	way	way	NOUN
ajfa-11761	85	42	round	round	ADV
ajfa-11761	85	43	.	.	PUNCT
ajfa-11761	86	1	mesquita	mesquita	PROPN
ajfa-11761	86	2	and	and	CCONJ
ajfa-11761	86	3	lara	lara	PROPN
ajfa-11761	86	4	(	(	PUNCT
ajfa-11761	86	5	2003	2003	NUM
ajfa-11761	86	6	)	)	PUNCT
ajfa-11761	86	7	study	study	VERB
ajfa-11761	86	8	70	70	NUM
ajfa-11761	86	9	brazilian	brazilian	ADJ
ajfa-11761	86	10	industrial	industrial	ADJ
ajfa-11761	86	11	and	and	CCONJ
ajfa-11761	86	12	service	service	NOUN
ajfa-11761	86	13	companies	company	NOUN
ajfa-11761	86	14	over	over	ADP
ajfa-11761	86	15	the	the	DET
ajfa-11761	86	16	1995	1995	NUM
ajfa-11761	86	17	-	-	SYM
ajfa-11761	86	18	2001	2001	NUM
ajfa-11761	86	19	period	period	NOUN
ajfa-11761	86	20	,	,	PUNCT
ajfa-11761	86	21	employing	employ	VERB
ajfa-11761	86	22	the	the	DET
ajfa-11761	86	23	ordinary	ordinary	ADJ
ajfa-11761	86	24	least	least	ADJ
ajfa-11761	86	25	squares	square	NOUN
ajfa-11761	86	26	(	(	PUNCT
ajfa-11761	86	27	ols	ol	NOUN
ajfa-11761	86	28	)	)	PUNCT
ajfa-11761	86	29	method	method	NOUN
ajfa-11761	86	30	indicated	indicate	VERB
ajfa-11761	86	31	that	that	SCONJ
ajfa-11761	86	32	the	the	DET
ajfa-11761	86	33	asian	asian	ADJ
ajfa-11761	86	34	journal	journal	NOUN
ajfa-11761	86	35	of	of	ADP
ajfa-11761	86	36	finance	finance	PROPN
ajfa-11761	86	37	&	&	CCONJ
ajfa-11761	86	38	accounting	accounting	PROPN
ajfa-11761	86	39	issn	issn	PROPN
ajfa-11761	86	40	1946	1946	NUM
ajfa-11761	86	41	-	-	PUNCT
ajfa-11761	86	42	052x	052x	PROPN
ajfa-11761	86	43	2017	2017	NUM
ajfa-11761	86	44	,	,	PUNCT
ajfa-11761	86	45	vol	vol	NOUN
ajfa-11761	86	46	.	.	NOUN
ajfa-11761	86	47	9	9	NUM
ajfa-11761	86	48	,	,	PUNCT
ajfa-11761	86	49	no	no	NOUN
ajfa-11761	86	50	.	.	NOUN
ajfa-11761	86	51	2	2	NUM
ajfa-11761	86	52	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	86	53	109	109	NUM
ajfa-11761	86	54	return	return	NOUN
ajfa-11761	86	55	rates	rate	NOUN
ajfa-11761	86	56	present	present	VERB
ajfa-11761	86	57	a	a	DET
ajfa-11761	86	58	positive	positive	ADJ
ajfa-11761	86	59	correlation	correlation	NOUN
ajfa-11761	86	60	with	with	ADP
ajfa-11761	86	61	short	short	ADJ
ajfa-11761	86	62	-	-	PUNCT
ajfa-11761	86	63	term	term	NOUN
ajfa-11761	86	64	debt	debt	NOUN
ajfa-11761	86	65	and	and	CCONJ
ajfa-11761	86	66	equity	equity	NOUN
ajfa-11761	86	67	,	,	PUNCT
ajfa-11761	86	68	and	and	CCONJ
ajfa-11761	86	69	an	an	DET
ajfa-11761	86	70	inverse	inverse	NOUN
ajfa-11761	86	71	correlation	correlation	NOUN
ajfa-11761	86	72	with	with	ADP
ajfa-11761	86	73	long	long	ADJ
ajfa-11761	86	74	-	-	PUNCT
ajfa-11761	86	75	term	term	NOUN
ajfa-11761	86	76	debt	debt	NOUN
ajfa-11761	86	77	.	.	PUNCT
ajfa-11761	87	1	in	in	ADP
ajfa-11761	87	2	contrast	contrast	NOUN
ajfa-11761	87	3	,	,	PUNCT
ajfa-11761	87	4	byoun	byoun	NOUN
ajfa-11761	87	5	and	and	CCONJ
ajfa-11761	87	6	xu	xu	PROPN
ajfa-11761	87	7	(	(	PUNCT
ajfa-11761	87	8	2013	2013	NUM
ajfa-11761	87	9	)	)	PUNCT
ajfa-11761	87	10	reported	report	VERB
ajfa-11761	87	11	that	that	SCONJ
ajfa-11761	87	12	large	large	ADJ
ajfa-11761	87	13	debt	debt	NOUN
ajfa-11761	87	14	-	-	PUNCT
ajfa-11761	87	15	free	free	ADJ
ajfa-11761	87	16	firms	firm	NOUN
ajfa-11761	87	17	are	be	AUX
ajfa-11761	87	18	more	more	ADV
ajfa-11761	87	19	profitable	profitable	ADJ
ajfa-11761	87	20	than	than	ADP
ajfa-11761	87	21	levered	lever	VERB
ajfa-11761	87	22	firms	firm	NOUN
ajfa-11761	87	23	of	of	ADP
ajfa-11761	87	24	similar	similar	ADJ
ajfa-11761	87	25	size	size	NOUN
ajfa-11761	87	26	.	.	PUNCT
ajfa-11761	88	1	this	this	PRON
ajfa-11761	88	2	was	be	AUX
ajfa-11761	88	3	backed	back	VERB
ajfa-11761	88	4	by	by	ADP
ajfa-11761	88	5	moon	moon	PROPN
ajfa-11761	88	6	et	et	PROPN
ajfa-11761	88	7	al	al	PROPN
ajfa-11761	88	8	.	.	PROPN
ajfa-11761	89	1	(	(	PUNCT
ajfa-11761	89	2	2015	2015	NUM
ajfa-11761	89	3	)	)	PUNCT
ajfa-11761	89	4	when	when	SCONJ
ajfa-11761	89	5	it	it	PRON
ajfa-11761	89	6	was	be	AUX
ajfa-11761	89	7	found	find	VERB
ajfa-11761	89	8	that	that	SCONJ
ajfa-11761	89	9	zero	zero	NUM
ajfa-11761	89	10	-	-	PUNCT
ajfa-11761	89	11	debt	debt	NOUN
ajfa-11761	89	12	firms	firm	NOUN
ajfa-11761	89	13	generate	generate	VERB
ajfa-11761	89	14	positive	positive	ADJ
ajfa-11761	89	15	abnormal	abnormal	ADJ
ajfa-11761	89	16	returns	return	NOUN
ajfa-11761	89	17	in	in	ADP
ajfa-11761	89	18	the	the	DET
ajfa-11761	89	19	long	long	ADJ
ajfa-11761	89	20	.	.	PUNCT
ajfa-11761	90	1	this	this	DET
ajfa-11761	90	2	notion	notion	NOUN
ajfa-11761	90	3	takes	take	VERB
ajfa-11761	90	4	the	the	DET
ajfa-11761	90	5	contradictions	contradiction	NOUN
ajfa-11761	90	6	further	far	ADV
ajfa-11761	90	7	by	by	ADP
ajfa-11761	90	8	indicating	indicate	VERB
ajfa-11761	90	9	that	that	SCONJ
ajfa-11761	90	10	large	large	ADJ
ajfa-11761	90	11	firms	firm	NOUN
ajfa-11761	90	12	with	with	ADP
ajfa-11761	90	13	no	no	DET
ajfa-11761	90	14	debt	debt	NOUN
ajfa-11761	90	15	at	at	ADV
ajfa-11761	90	16	all	all	ADV
ajfa-11761	90	17	are	be	AUX
ajfa-11761	90	18	performing	perform	VERB
ajfa-11761	90	19	better	well	ADJ
ajfa-11761	90	20	than	than	ADP
ajfa-11761	90	21	their	their	PRON
ajfa-11761	90	22	debt	debt	NOUN
ajfa-11761	90	23	-	-	PUNCT
ajfa-11761	90	24	loaded	load	VERB
ajfa-11761	90	25	counterparts	counterpart	NOUN
ajfa-11761	90	26	.	.	PUNCT
ajfa-11761	91	1	this	this	PRON
ajfa-11761	91	2	shows	show	VERB
ajfa-11761	91	3	that	that	SCONJ
ajfa-11761	91	4	according	accord	VERB
ajfa-11761	91	5	to	to	ADP
ajfa-11761	91	6	these	these	DET
ajfa-11761	91	7	researchers	researcher	NOUN
ajfa-11761	91	8	,	,	PUNCT
ajfa-11761	91	9	debt	debt	NOUN
ajfa-11761	91	10	has	have	VERB
ajfa-11761	91	11	no	no	DET
ajfa-11761	91	12	impact	impact	NOUN
ajfa-11761	91	13	on	on	ADP
ajfa-11761	91	14	profitability	profitability	NOUN
ajfa-11761	91	15	or	or	CCONJ
ajfa-11761	91	16	financial	financial	ADJ
ajfa-11761	91	17	performance	performance	NOUN
ajfa-11761	91	18	of	of	ADP
ajfa-11761	91	19	the	the	DET
ajfa-11761	91	20	firm	firm	NOUN
ajfa-11761	91	21	when	when	SCONJ
ajfa-11761	91	22	the	the	DET
ajfa-11761	91	23	firm	firm	NOUN
ajfa-11761	91	24	is	be	AUX
ajfa-11761	91	25	large	large	ADJ
ajfa-11761	91	26	.	.	PUNCT
ajfa-11761	92	1	moon	moon	PROPN
ajfa-11761	92	2	et	et	PROPN
ajfa-11761	92	3	al	al	PROPN
ajfa-11761	92	4	.	.	PROPN
ajfa-11761	93	1	(	(	PUNCT
ajfa-11761	93	2	2015	2015	NUM
ajfa-11761	93	3	)	)	PUNCT
ajfa-11761	93	4	used	use	VERB
ajfa-11761	93	5	fama	fama	NOUN
ajfa-11761	93	6	and	and	CCONJ
ajfa-11761	93	7	french	french	NOUN
ajfa-11761	93	8	’s	’s	PART
ajfa-11761	93	9	(	(	PUNCT
ajfa-11761	93	10	1993	1993	NUM
ajfa-11761	93	11	)	)	PUNCT
ajfa-11761	93	12	three	three	NUM
ajfa-11761	93	13	-	-	PUNCT
ajfa-11761	93	14	factor	factor	NOUN
ajfa-11761	93	15	and	and	CCONJ
ajfa-11761	93	16	carhart	carhart	NOUN
ajfa-11761	93	17	’s	’s	PART
ajfa-11761	93	18	(	(	PUNCT
ajfa-11761	93	19	1997	1997	NUM
ajfa-11761	93	20	)	)	PUNCT
ajfa-11761	93	21	four	four	NUM
ajfa-11761	93	22	-	-	PUNCT
ajfa-11761	93	23	factor	factor	NOUN
ajfa-11761	93	24	models	model	NOUN
ajfa-11761	93	25	to	to	PART
ajfa-11761	93	26	examine	examine	VERB
ajfa-11761	93	27	the	the	DET
ajfa-11761	93	28	subsequent	subsequent	ADJ
ajfa-11761	93	29	1	1	NUM
ajfa-11761	93	30	,	,	PUNCT
ajfa-11761	93	31	2	2	NUM
ajfa-11761	93	32	,	,	PUNCT
ajfa-11761	93	33	3	3	NUM
ajfa-11761	93	34	,	,	PUNCT
ajfa-11761	93	35	4	4	NUM
ajfa-11761	93	36	and	and	CCONJ
ajfa-11761	93	37	5	5	NUM
ajfa-11761	93	38	-	-	PUNCT
ajfa-11761	93	39	year	year	NOUN
ajfa-11761	93	40	stock	stock	NOUN
ajfa-11761	93	41	returns	return	NOUN
ajfa-11761	93	42	of	of	ADP
ajfa-11761	93	43	firms	firm	NOUN
ajfa-11761	93	44	that	that	PRON
ajfa-11761	93	45	stayed	stay	VERB
ajfa-11761	93	46	debt	debt	NOUN
ajfa-11761	93	47	free	free	ADJ
ajfa-11761	93	48	for	for	ADP
ajfa-11761	93	49	3and	3and	NUM
ajfa-11761	93	50	5	5	NUM
ajfa-11761	93	51	-	-	PUNCT
ajfa-11761	93	52	year	year	NOUN
ajfa-11761	93	53	periods	period	NOUN
ajfa-11761	93	54	.	.	PUNCT
ajfa-11761	94	1	kakani	kakani	PROPN
ajfa-11761	94	2	et	et	PROPN
ajfa-11761	94	3	al	al	PROPN
ajfa-11761	94	4	.	.	PROPN
ajfa-11761	95	1	(	(	PUNCT
ajfa-11761	95	2	2001	2001	NUM
ajfa-11761	95	3	)	)	PUNCT
ajfa-11761	95	4	studied	study	VERB
ajfa-11761	95	5	566	566	NUM
ajfa-11761	95	6	large	large	ADJ
ajfa-11761	95	7	indian	indian	ADJ
ajfa-11761	95	8	firms	firm	NOUN
ajfa-11761	95	9	for	for	ADP
ajfa-11761	95	10	eight	eight	NUM
ajfa-11761	95	11	years	year	NOUN
ajfa-11761	95	12	and	and	CCONJ
ajfa-11761	95	13	divided	divide	VERB
ajfa-11761	95	14	into	into	ADP
ajfa-11761	95	15	two	two	NUM
ajfa-11761	95	16	sub	sub	NOUN
ajfa-11761	95	17	-	-	ADJ
ajfa-11761	95	18	periods	period	NOUN
ajfa-11761	95	19	(	(	PUNCT
ajfa-11761	95	20	viz	viz	PROPN
ajfa-11761	95	21	.	.	PROPN
ajfa-11761	95	22	,	,	PUNCT
ajfa-11761	95	23	1992	1992	NUM
ajfa-11761	95	24	-	-	SYM
ajfa-11761	95	25	96	96	NUM
ajfa-11761	95	26	,	,	PUNCT
ajfa-11761	95	27	and	and	CCONJ
ajfa-11761	95	28	1996	1996	NUM
ajfa-11761	95	29	-	-	SYM
ajfa-11761	95	30	2000	2000	NUM
ajfa-11761	95	31	)	)	PUNCT
ajfa-11761	95	32	to	to	PART
ajfa-11761	95	33	examine	examine	VERB
ajfa-11761	95	34	the	the	DET
ajfa-11761	95	35	financial	financial	ADJ
ajfa-11761	95	36	performance	performance	NOUN
ajfa-11761	95	37	of	of	ADP
ajfa-11761	95	38	indian	indian	ADJ
ajfa-11761	95	39	firms	firm	NOUN
ajfa-11761	95	40	across	across	ADP
ajfa-11761	95	41	various	various	ADJ
ajfa-11761	95	42	dimensions	dimension	NOUN
ajfa-11761	95	43	.	.	PUNCT
ajfa-11761	96	1	the	the	DET
ajfa-11761	96	2	study	study	NOUN
ajfa-11761	96	3	found	find	VERB
ajfa-11761	96	4	that	that	SCONJ
ajfa-11761	96	5	leverage	leverage	NOUN
ajfa-11761	96	6	‘	'	PUNCT
ajfa-11761	96	7	again	again	ADV
ajfa-11761	96	8	’	'	PUNCT
ajfa-11761	96	9	came	come	VERB
ajfa-11761	96	10	out	out	ADP
ajfa-11761	96	11	as	as	ADP
ajfa-11761	96	12	having	have	VERB
ajfa-11761	96	13	a	a	DET
ajfa-11761	96	14	significant	significant	ADJ
ajfa-11761	96	15	negative	negative	ADJ
ajfa-11761	96	16	effect	effect	NOUN
ajfa-11761	96	17	on	on	ADP
ajfa-11761	96	18	accounting	accounting	NOUN
ajfa-11761	96	19	profitability	profitability	NOUN
ajfa-11761	96	20	measures	measure	NOUN
ajfa-11761	96	21	.	.	PUNCT
ajfa-11761	97	1	leverage	leverage	NOUN
ajfa-11761	97	2	ratio	ratio	NOUN
ajfa-11761	97	3	proved	prove	VERB
ajfa-11761	97	4	to	to	PART
ajfa-11761	97	5	have	have	VERB
ajfa-11761	97	6	a	a	DET
ajfa-11761	97	7	significant	significant	ADJ
ajfa-11761	97	8	negative	negative	ADJ
ajfa-11761	97	9	effect	effect	NOUN
ajfa-11761	97	10	on	on	ADP
ajfa-11761	97	11	shareholder	shareholder	NOUN
ajfa-11761	97	12	value	value	NOUN
ajfa-11761	97	13	in	in	ADP
ajfa-11761	97	14	both	both	CCONJ
ajfa-11761	97	15	the	the	DET
ajfa-11761	97	16	sub	sub	NOUN
ajfa-11761	97	17	-	-	NOUN
ajfa-11761	97	18	periods	period	NOUN
ajfa-11761	97	19	.	.	PUNCT
ajfa-11761	98	1	in	in	ADP
ajfa-11761	98	2	support	support	NOUN
ajfa-11761	98	3	of	of	ADP
ajfa-11761	98	4	kakani	kakani	PROPN
ajfa-11761	98	5	et	et	PROPN
ajfa-11761	98	6	al	al	PROPN
ajfa-11761	98	7	.	.	PROPN
ajfa-11761	98	8	’s	’s	PART
ajfa-11761	98	9	(	(	PUNCT
ajfa-11761	98	10	2001	2001	NUM
ajfa-11761	98	11	)	)	PUNCT
ajfa-11761	98	12	exploratory	exploratory	ADJ
ajfa-11761	98	13	study	study	NOUN
ajfa-11761	98	14	,	,	PUNCT
ajfa-11761	98	15	dawar	dawar	NOUN
ajfa-11761	98	16	(	(	PUNCT
ajfa-11761	98	17	2014	2014	NUM
ajfa-11761	98	18	)	)	PUNCT
ajfa-11761	98	19	used	use	VERB
ajfa-11761	98	20	the	the	DET
ajfa-11761	98	21	fixed	fix	VERB
ajfa-11761	98	22	effect	effect	NOUN
ajfa-11761	98	23	panel	panel	NOUN
ajfa-11761	98	24	regression	regression	NOUN
ajfa-11761	98	25	model	model	NOUN
ajfa-11761	98	26	to	to	PART
ajfa-11761	98	27	find	find	VERB
ajfa-11761	98	28	the	the	DET
ajfa-11761	98	29	relationship	relationship	NOUN
ajfa-11761	98	30	between	between	ADP
ajfa-11761	98	31	leverage	leverage	NOUN
ajfa-11761	98	32	and	and	CCONJ
ajfa-11761	98	33	firm	firm	ADJ
ajfa-11761	98	34	performance	performance	NOUN
ajfa-11761	98	35	after	after	ADP
ajfa-11761	98	36	controlling	control	VERB
ajfa-11761	98	37	for	for	ADP
ajfa-11761	98	38	factors	factor	NOUN
ajfa-11761	98	39	such	such	ADJ
ajfa-11761	98	40	as	as	ADP
ajfa-11761	98	41	size	size	NOUN
ajfa-11761	98	42	,	,	PUNCT
ajfa-11761	98	43	age	age	NOUN
ajfa-11761	98	44	,	,	PUNCT
ajfa-11761	98	45	tangibility	tangibility	NOUN
ajfa-11761	98	46	,	,	PUNCT
ajfa-11761	98	47	growth	growth	NOUN
ajfa-11761	98	48	,	,	PUNCT
ajfa-11761	98	49	liquidity	liquidity	NOUN
ajfa-11761	98	50	and	and	CCONJ
ajfa-11761	98	51	advertising	advertising	NOUN
ajfa-11761	98	52	.	.	PUNCT
ajfa-11761	99	1	the	the	DET
ajfa-11761	99	2	results	result	NOUN
ajfa-11761	99	3	suggested	suggest	VERB
ajfa-11761	99	4	that	that	SCONJ
ajfa-11761	99	5	leverage	leverage	NOUN
ajfa-11761	99	6	has	have	VERB
ajfa-11761	99	7	a	a	DET
ajfa-11761	99	8	negative	negative	ADJ
ajfa-11761	99	9	influence	influence	NOUN
ajfa-11761	99	10	on	on	ADP
ajfa-11761	99	11	financial	financial	ADJ
ajfa-11761	99	12	performance	performance	NOUN
ajfa-11761	99	13	of	of	ADP
ajfa-11761	99	14	indian	indian	ADJ
ajfa-11761	99	15	firms	firm	NOUN
ajfa-11761	99	16	,	,	PUNCT
ajfa-11761	99	17	which	which	PRON
ajfa-11761	99	18	is	be	AUX
ajfa-11761	99	19	in	in	ADP
ajfa-11761	99	20	contrast	contrast	NOUN
ajfa-11761	99	21	with	with	ADP
ajfa-11761	99	22	the	the	DET
ajfa-11761	99	23	assumptions	assumption	NOUN
ajfa-11761	99	24	of	of	ADP
ajfa-11761	99	25	agency	agency	NOUN
ajfa-11761	99	26	theory	theory	NOUN
ajfa-11761	99	27	.	.	PUNCT
ajfa-11761	100	1	dawar	dawar	PROPN
ajfa-11761	100	2	,	,	PUNCT
ajfa-11761	100	3	(	(	PUNCT
ajfa-11761	100	4	2014	2014	NUM
ajfa-11761	100	5	)	)	PUNCT
ajfa-11761	100	6	incorporated	incorporate	VERB
ajfa-11761	100	7	sectoral	sectoral	ADJ
ajfa-11761	100	8	analysis	analysis	NOUN
ajfa-11761	100	9	to	to	PART
ajfa-11761	100	10	explore	explore	VERB
ajfa-11761	100	11	whether	whether	SCONJ
ajfa-11761	100	12	relationship	relationship	NOUN
ajfa-11761	100	13	is	be	AUX
ajfa-11761	100	14	any	any	DET
ajfa-11761	100	15	different	different	ADJ
ajfa-11761	100	16	given	give	VERB
ajfa-11761	100	17	the	the	DET
ajfa-11761	100	18	specific	specific	ADJ
ajfa-11761	100	19	attributes	attribute	NOUN
ajfa-11761	100	20	particular	particular	ADJ
ajfa-11761	100	21	to	to	ADP
ajfa-11761	100	22	an	an	DET
ajfa-11761	100	23	industry	industry	NOUN
ajfa-11761	100	24	.	.	PUNCT
ajfa-11761	101	1	this	this	DET
ajfa-11761	101	2	support	support	NOUN
ajfa-11761	101	3	of	of	ADP
ajfa-11761	101	4	what	what	PRON
ajfa-11761	101	5	the	the	DET
ajfa-11761	101	6	previous	previous	ADJ
ajfa-11761	101	7	authors	author	NOUN
ajfa-11761	101	8	,	,	PUNCT
ajfa-11761	101	9	(	(	PUNCT
ajfa-11761	101	10	williams	williams	PROPN
ajfa-11761	101	11	and	and	CCONJ
ajfa-11761	101	12	goodman	goodman	PROPN
ajfa-11761	101	13	,	,	PUNCT
ajfa-11761	101	14	1971	1971	NUM
ajfa-11761	101	15	;	;	PUNCT
ajfa-11761	101	16	gupta	gupta	NOUN
ajfa-11761	101	17	and	and	CCONJ
ajfa-11761	101	18	huefner	huefn	ADJ
ajfa-11761	101	19	,	,	PUNCT
ajfa-11761	101	20	1972	1972	NUM
ajfa-11761	101	21	;	;	PUNCT
ajfa-11761	101	22	bowen	bowen	PROPN
ajfa-11761	101	23	et	et	PROPN
ajfa-11761	101	24	al	al	PROPN
ajfa-11761	101	25	,	,	PUNCT
ajfa-11761	101	26	1982	1982	NUM
ajfa-11761	101	27	;	;	PUNCT
ajfa-11761	101	28	mensah	mensah	PROPN
ajfa-11761	101	29	,	,	PUNCT
ajfa-11761	101	30	1984	1984	NUM
ajfa-11761	101	31	)	)	PUNCT
ajfa-11761	101	32	,	,	PUNCT
ajfa-11761	101	33	said	say	VERB
ajfa-11761	101	34	when	when	SCONJ
ajfa-11761	101	35	it	it	PRON
ajfa-11761	101	36	was	be	AUX
ajfa-11761	101	37	suggested	suggest	VERB
ajfa-11761	101	38	that	that	SCONJ
ajfa-11761	101	39	applying	apply	VERB
ajfa-11761	101	40	the	the	DET
ajfa-11761	101	41	same	same	ADJ
ajfa-11761	101	42	variables	variable	NOUN
ajfa-11761	101	43	across	across	ADP
ajfa-11761	101	44	different	different	ADJ
ajfa-11761	101	45	sector	sector	NOUN
ajfa-11761	101	46	produces	produce	VERB
ajfa-11761	101	47	overly	overly	ADV
ajfa-11761	101	48	general	general	ADJ
ajfa-11761	101	49	models	model	NOUN
ajfa-11761	101	50	that	that	PRON
ajfa-11761	101	51	overlook	overlook	VERB
ajfa-11761	101	52	the	the	DET
ajfa-11761	101	53	specific	specific	ADJ
ajfa-11761	101	54	attributes	attribute	NOUN
ajfa-11761	101	55	of	of	ADP
ajfa-11761	101	56	the	the	DET
ajfa-11761	101	57	sectors	sector	NOUN
ajfa-11761	101	58	.	.	PUNCT
ajfa-11761	102	1	sheikh	sheikh	PROPN
ajfa-11761	102	2	and	and	CCONJ
ajfa-11761	102	3	wang	wang	PROPN
ajfa-11761	102	4	(	(	PUNCT
ajfa-11761	102	5	2011	2011	NUM
ajfa-11761	102	6	)	)	PUNCT
ajfa-11761	102	7	used	use	VERB
ajfa-11761	102	8	several	several	ADJ
ajfa-11761	102	9	methods	method	NOUN
ajfa-11761	102	10	,	,	PUNCT
ajfa-11761	102	11	including	include	VERB
ajfa-11761	102	12	ols	ol	NOUN
ajfa-11761	102	13	,	,	PUNCT
ajfa-11761	102	14	fixed	fix	VERB
ajfa-11761	102	15	effects	effect	NOUN
ajfa-11761	102	16	and	and	CCONJ
ajfa-11761	102	17	random	random	ADJ
ajfa-11761	102	18	effects	effect	NOUN
ajfa-11761	102	19	,	,	PUNCT
ajfa-11761	102	20	to	to	PART
ajfa-11761	102	21	study	study	VERB
ajfa-11761	102	22	the	the	DET
ajfa-11761	102	23	influence	influence	NOUN
ajfa-11761	102	24	of	of	ADP
ajfa-11761	102	25	capital	capital	NOUN
ajfa-11761	102	26	structure	structure	NOUN
ajfa-11761	102	27	on	on	ADP
ajfa-11761	102	28	the	the	DET
ajfa-11761	102	29	performance	performance	NOUN
ajfa-11761	102	30	and	and	CCONJ
ajfa-11761	102	31	concluded	conclude	VERB
ajfa-11761	102	32	that	that	SCONJ
ajfa-11761	102	33	long	long	ADJ
ajfa-11761	102	34	-	-	PUNCT
ajfa-11761	102	35	term	term	NOUN
ajfa-11761	102	36	and	and	CCONJ
ajfa-11761	102	37	short	short	ADJ
ajfa-11761	102	38	-	-	PUNCT
ajfa-11761	102	39	term	term	NOUN
ajfa-11761	102	40	debt	debt	NOUN
ajfa-11761	102	41	ratios	ratio	NOUN
ajfa-11761	102	42	are	be	AUX
ajfa-11761	102	43	negatively	negatively	ADV
ajfa-11761	102	44	related	relate	VERB
ajfa-11761	102	45	to	to	ADP
ajfa-11761	102	46	roa	roa	PROPN
ajfa-11761	102	47	.	.	PUNCT
ajfa-11761	103	1	sri	sri	PROPN
ajfa-11761	103	2	lankan	lankan	PROPN
ajfa-11761	103	3	researchers	researcher	NOUN
ajfa-11761	103	4	have	have	VERB
ajfa-11761	103	5	mixed	mixed	ADJ
ajfa-11761	103	6	results	result	NOUN
ajfa-11761	103	7	in	in	ADP
ajfa-11761	103	8	terms	term	NOUN
ajfa-11761	103	9	of	of	ADP
ajfa-11761	103	10	the	the	DET
ajfa-11761	103	11	impact	impact	NOUN
ajfa-11761	103	12	of	of	ADP
ajfa-11761	103	13	capital	capital	NOUN
ajfa-11761	103	14	structure	structure	NOUN
ajfa-11761	103	15	on	on	ADP
ajfa-11761	103	16	profitability	profitability	NOUN
ajfa-11761	103	17	with	with	ADP
ajfa-11761	103	18	majority	majority	NOUN
ajfa-11761	103	19	finding	find	VERB
ajfa-11761	103	20	a	a	DET
ajfa-11761	103	21	positive	positive	ADJ
ajfa-11761	103	22	relationship	relationship	NOUN
ajfa-11761	103	23	.	.	PUNCT
ajfa-11761	104	1	nimalathasan	nimalathasan	PROPN
ajfa-11761	104	2	and	and	CCONJ
ajfa-11761	104	3	brabete	brabete	ADJ
ajfa-11761	104	4	(	(	PUNCT
ajfa-11761	104	5	2010	2010	NUM
ajfa-11761	104	6	)	)	PUNCT
ajfa-11761	104	7	found	find	VERB
ajfa-11761	104	8	that	that	SCONJ
ajfa-11761	104	9	capital	capital	NOUN
ajfa-11761	104	10	structure	structure	NOUN
ajfa-11761	104	11	has	have	VERB
ajfa-11761	104	12	a	a	DET
ajfa-11761	104	13	great	great	ADJ
ajfa-11761	104	14	impact	impact	NOUN
ajfa-11761	104	15	onprofitability	onprofitability	NOUN
ajfa-11761	104	16	performing	perform	VERB
ajfa-11761	104	17	multiple	multiple	ADJ
ajfa-11761	104	18	regression	regression	NOUN
ajfa-11761	104	19	analysis	analysis	NOUN
ajfa-11761	104	20	.	.	PUNCT
ajfa-11761	105	1	nirajini	nirajini	PROPN
ajfa-11761	105	2	and	and	CCONJ
ajfa-11761	105	3	priya	priya	PROPN
ajfa-11761	105	4	(	(	PUNCT
ajfa-11761	105	5	2013	2013	NUM
ajfa-11761	105	6	)	)	PUNCT
ajfa-11761	105	7	adapted	adapt	VERB
ajfa-11761	105	8	a	a	DET
ajfa-11761	105	9	regression	regression	NOUN
ajfa-11761	105	10	model	model	NOUN
ajfa-11761	105	11	to	to	PART
ajfa-11761	105	12	analyse	analyse	VERB
ajfa-11761	105	13	the	the	DET
ajfa-11761	105	14	extent	extent	NOUN
ajfa-11761	105	15	to	to	PART
ajfa-11761	105	16	which	which	PRON
ajfa-11761	105	17	capital	capital	NOUN
ajfa-11761	105	18	structure	structure	NOUN
ajfa-11761	105	19	impacts	impact	VERB
ajfa-11761	105	20	financial	financial	ADJ
ajfa-11761	105	21	performance	performance	NOUN
ajfa-11761	105	22	of	of	ADP
ajfa-11761	105	23	listed	list	VERB
ajfa-11761	105	24	companies	company	NOUN
ajfa-11761	105	25	in	in	ADP
ajfa-11761	105	26	sri	sri	PROPN
ajfa-11761	105	27	lanka	lanka	PROPN
ajfa-11761	105	28	.	.	PUNCT
ajfa-11761	106	1	the	the	DET
ajfa-11761	106	2	empirical	empirical	ADJ
ajfa-11761	106	3	research	research	NOUN
ajfa-11761	106	4	found	find	VERB
ajfa-11761	106	5	that	that	SCONJ
ajfa-11761	106	6	firm	firm	ADJ
ajfa-11761	106	7	capital	capital	NOUN
ajfa-11761	106	8	structure	structure	NOUN
ajfa-11761	106	9	has	have	VERB
ajfa-11761	106	10	a	a	DET
ajfa-11761	106	11	significant	significant	ADJ
ajfa-11761	106	12	impact	impact	NOUN
ajfa-11761	106	13	on	on	ADP
ajfa-11761	106	14	financial	financial	ADJ
ajfa-11761	106	15	performance	performance	NOUN
ajfa-11761	106	16	.	.	PUNCT
ajfa-11761	107	1	in	in	ADP
ajfa-11761	107	2	the	the	DET
ajfa-11761	107	3	case	case	NOUN
ajfa-11761	107	4	of	of	ADP
ajfa-11761	107	5	jordan	jordan	PROPN
ajfa-11761	107	6	,	,	PUNCT
ajfa-11761	107	7	abu	abu	PROPN
ajfa-11761	107	8	-	-	PUNCT
ajfa-11761	107	9	tapanjeh	tapanjeh	PROPN
ajfa-11761	107	10	(	(	PUNCT
ajfa-11761	107	11	2006	2006	NUM
ajfa-11761	107	12	)	)	PUNCT
ajfa-11761	107	13	found	find	VERB
ajfa-11761	107	14	that	that	SCONJ
ajfa-11761	107	15	a	a	DET
ajfa-11761	107	16	weak	weak	ADJ
ajfa-11761	107	17	relationship	relationship	NOUN
ajfa-11761	107	18	existed	exist	VERB
ajfa-11761	107	19	between	between	ADP
ajfa-11761	107	20	some	some	PRON
ajfa-11761	107	21	of	of	ADP
ajfa-11761	107	22	the	the	DET
ajfa-11761	107	23	independent	independent	ADJ
ajfa-11761	107	24	variable	variable	NOUN
ajfa-11761	107	25	and	and	CCONJ
ajfa-11761	107	26	profitability	profitability	NOUN
ajfa-11761	107	27	,	,	PUNCT
ajfa-11761	107	28	except	except	SCONJ
ajfa-11761	107	29	for	for	ADP
ajfa-11761	107	30	debt	debt	NOUN
ajfa-11761	107	31	ratio	ratio	NOUN
ajfa-11761	107	32	.	.	PUNCT
ajfa-11761	108	1	the	the	DET
ajfa-11761	108	2	author	author	NOUN
ajfa-11761	108	3	states	state	VERB
ajfa-11761	108	4	that	that	SCONJ
ajfa-11761	108	5	‘	'	PUNCT
ajfa-11761	108	6	as	as	ADV
ajfa-11761	108	7	far	far	ADV
ajfa-11761	108	8	as	as	SCONJ
ajfa-11761	108	9	debt	debt	NOUN
ajfa-11761	108	10	ratio	ratio	NOUN
ajfa-11761	108	11	’s	’s	PART
ajfa-11761	108	12	relation	relation	NOUN
ajfa-11761	108	13	with	with	ADP
ajfa-11761	108	14	profitability	profitability	NOUN
ajfa-11761	108	15	of	of	ADP
ajfa-11761	108	16	the	the	DET
ajfa-11761	108	17	selected	select	VERB
ajfa-11761	108	18	jordanian	jordanian	ADJ
ajfa-11761	108	19	industrial	industrial	ADJ
ajfa-11761	108	20	companies	company	NOUN
ajfa-11761	108	21	is	be	AUX
ajfa-11761	108	22	concerned	concern	VERB
ajfa-11761	108	23	,	,	PUNCT
ajfa-11761	108	24	there	there	PRON
ajfa-11761	108	25	was	be	VERB
ajfa-11761	108	26	a	a	DET
ajfa-11761	108	27	significant	significant	ADJ
ajfa-11761	108	28	positive	positive	ADJ
ajfa-11761	108	29	relation	relation	NOUN
ajfa-11761	108	30	during	during	ADP
ajfa-11761	108	31	the	the	DET
ajfa-11761	108	32	years	year	NOUN
ajfa-11761	108	33	1999	1999	NUM
ajfa-11761	108	34	-	-	SYM
ajfa-11761	108	35	2003	2003	NUM
ajfa-11761	108	36	as	as	ADV
ajfa-11761	108	37	well	well	ADV
ajfa-11761	108	38	as	as	ADP
ajfa-11761	108	39	for	for	ADP
ajfa-11761	108	40	the	the	DET
ajfa-11761	108	41	pooled	pooled	ADJ
ajfa-11761	108	42	sample	sample	NOUN
ajfa-11761	108	43	.	.	PUNCT
ajfa-11761	109	1	asian	asian	ADJ
ajfa-11761	109	2	journal	journal	PROPN
ajfa-11761	109	3	of	of	ADP
ajfa-11761	109	4	finance	finance	PROPN
ajfa-11761	109	5	&	&	CCONJ
ajfa-11761	109	6	accounting	accounting	PROPN
ajfa-11761	109	7	issn	issn	PROPN
ajfa-11761	109	8	1946	1946	NUM
ajfa-11761	109	9	-	-	PUNCT
ajfa-11761	109	10	052x	052x	PROPN
ajfa-11761	109	11	2017	2017	NUM
ajfa-11761	109	12	,	,	PUNCT
ajfa-11761	109	13	vol	vol	NOUN
ajfa-11761	109	14	.	.	NOUN
ajfa-11761	109	15	9	9	NUM
ajfa-11761	109	16	,	,	PUNCT
ajfa-11761	109	17	no	no	NOUN
ajfa-11761	109	18	.	.	NOUN
ajfa-11761	109	19	2	2	NUM
ajfa-11761	110	1	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	110	2	110	110	NUM
ajfa-11761	110	3	sadeghian	sadeghian	NOUN
ajfa-11761	110	4	et	et	PROPN
ajfa-11761	110	5	al	al	PROPN
ajfa-11761	110	6	.	.	PROPN
ajfa-11761	111	1	(	(	PUNCT
ajfa-11761	111	2	2012	2012	NUM
ajfa-11761	111	3	)	)	PUNCT
ajfa-11761	112	1	,	,	PUNCT
ajfa-11761	112	2	study	study	VERB
ajfa-11761	112	3	the	the	DET
ajfa-11761	112	4	probable	probable	ADJ
ajfa-11761	112	5	relationship	relationship	NOUN
ajfa-11761	112	6	between	between	ADP
ajfa-11761	112	7	the	the	DET
ajfa-11761	112	8	performance	performance	NOUN
ajfa-11761	112	9	indicators	indicator	NOUN
ajfa-11761	112	10	and	and	CCONJ
ajfa-11761	112	11	debt	debt	NOUN
ajfa-11761	112	12	ratios	ratio	NOUN
ajfa-11761	112	13	of	of	ADP
ajfa-11761	112	14	tehran	tehran	PROPN
ajfa-11761	112	15	stock	stock	PROPN
ajfa-11761	112	16	exchange	exchange	PROPN
ajfa-11761	112	17	companies	company	NOUN
ajfa-11761	112	18	,	,	PUNCT
ajfa-11761	112	19	using	use	VERB
ajfa-11761	112	20	regression	regression	NOUN
ajfa-11761	112	21	model	model	NOUN
ajfa-11761	112	22	and	and	CCONJ
ajfa-11761	112	23	found	find	VERB
ajfa-11761	112	24	that	that	SCONJ
ajfa-11761	112	25	an	an	DET
ajfa-11761	112	26	increase	increase	NOUN
ajfa-11761	112	27	in	in	ADP
ajfa-11761	112	28	current	current	ADJ
ajfa-11761	112	29	debts	debt	NOUN
ajfa-11761	112	30	,	,	PUNCT
ajfa-11761	112	31	non	non	ADJ
ajfa-11761	112	32	-	-	ADJ
ajfa-11761	112	33	current	current	ADJ
ajfa-11761	112	34	debts	debt	NOUN
ajfa-11761	112	35	,	,	PUNCT
ajfa-11761	112	36	and	and	CCONJ
ajfa-11761	112	37	total	total	ADJ
ajfa-11761	112	38	debts	debt	NOUN
ajfa-11761	112	39	has	have	VERB
ajfa-11761	112	40	a	a	DET
ajfa-11761	112	41	negative	negative	ADJ
ajfa-11761	112	42	influence	influence	NOUN
ajfa-11761	112	43	on	on	ADP
ajfa-11761	112	44	the	the	DET
ajfa-11761	112	45	corporate	corporate	ADJ
ajfa-11761	112	46	performance	performance	NOUN
ajfa-11761	112	47	.	.	PUNCT
ajfa-11761	113	1	zeitun	zeitun	NOUN
ajfa-11761	113	2	and	and	CCONJ
ajfa-11761	113	3	saleh	saleh	PROPN
ajfa-11761	113	4	(	(	PUNCT
ajfa-11761	113	5	2015	2015	NUM
ajfa-11761	113	6	)	)	PUNCT
ajfa-11761	113	7	used	use	VERB
ajfa-11761	113	8	a	a	DET
ajfa-11761	113	9	panel	panel	NOUN
ajfa-11761	113	10	data	datum	NOUN
ajfa-11761	113	11	to	to	PART
ajfa-11761	113	12	examine	examine	VERB
ajfa-11761	113	13	the	the	DET
ajfa-11761	113	14	effect	effect	NOUN
ajfa-11761	113	15	of	of	ADP
ajfa-11761	113	16	financial	financial	ADJ
ajfa-11761	113	17	leverage	leverage	NOUN
ajfa-11761	113	18	on	on	ADP
ajfa-11761	113	19	firm	firm	NOUN
ajfa-11761	113	20	’s	’s	PART
ajfa-11761	113	21	performance	performance	NOUN
ajfa-11761	113	22	using	use	VERB
ajfa-11761	113	23	the	the	DET
ajfa-11761	113	24	dynamic	dynamic	ADJ
ajfa-11761	113	25	generalised	generalise	VERB
ajfa-11761	113	26	method	method	NOUN
ajfa-11761	113	27	of	of	ADP
ajfa-11761	113	28	moments	moment	NOUN
ajfa-11761	113	29	(	(	PUNCT
ajfa-11761	113	30	gmm	gmm	NOUN
ajfa-11761	113	31	)	)	PUNCT
ajfa-11761	113	32	estimator	estimator	NOUN
ajfa-11761	113	33	to	to	PART
ajfa-11761	113	34	investigate	investigate	VERB
ajfa-11761	113	35	the	the	DET
ajfa-11761	113	36	effects	effect	NOUN
ajfa-11761	113	37	of	of	ADP
ajfa-11761	113	38	financial	financial	ADJ
ajfa-11761	113	39	leverage	leverage	NOUN
ajfa-11761	113	40	on	on	ADP
ajfa-11761	113	41	firm	firm	NOUN
ajfa-11761	113	42	’s	’s	PART
ajfa-11761	113	43	performance	performance	NOUN
ajfa-11761	113	44	in	in	ADP
ajfa-11761	113	45	gulf	gulf	PROPN
ajfa-11761	113	46	cooperation	cooperation	NOUN
ajfa-11761	113	47	council	council	PROPN
ajfa-11761	113	48	(	(	PUNCT
ajfa-11761	113	49	gcc	gcc	NOUN
ajfa-11761	113	50	)	)	PUNCT
ajfa-11761	113	51	countries	country	NOUN
ajfa-11761	113	52	.	.	PUNCT
ajfa-11761	114	1	firms	firm	NOUN
ajfa-11761	114	2	leverage	leverage	NOUN
ajfa-11761	114	3	affects	affect	VERB
ajfa-11761	114	4	their	their	PRON
ajfa-11761	114	5	performance	performance	NOUN
ajfa-11761	114	6	significantly	significantly	ADV
ajfa-11761	114	7	and	and	CCONJ
ajfa-11761	114	8	negatively	negatively	ADV
ajfa-11761	114	9	,	,	PUNCT
ajfa-11761	114	10	showing	show	VERB
ajfa-11761	114	11	that	that	SCONJ
ajfa-11761	114	12	higher	high	ADJ
ajfa-11761	114	13	financial	financial	ADJ
ajfa-11761	114	14	leverage	leverage	NOUN
ajfa-11761	114	15	in	in	ADP
ajfa-11761	114	16	gcc	gcc	NOUN
ajfa-11761	114	17	companies	company	NOUN
ajfa-11761	114	18	’	'	PUNCT
ajfa-11761	114	19	capital	capital	NOUN
ajfa-11761	114	20	structure	structure	NOUN
ajfa-11761	114	21	decreased	decrease	VERB
ajfa-11761	114	22	their	their	PRON
ajfa-11761	114	23	performance	performance	NOUN
ajfa-11761	114	24	.	.	PUNCT
ajfa-11761	115	1	this	this	PRON
ajfa-11761	115	2	is	be	AUX
ajfa-11761	115	3	consistent	consistent	ADJ
ajfa-11761	115	4	with	with	ADP
ajfa-11761	115	5	twairesh	twairesh	ADJ
ajfa-11761	115	6	,	,	PUNCT
ajfa-11761	115	7	(	(	PUNCT
ajfa-11761	115	8	2014),chinaemerem	2014),chinaemerem	NUM
ajfa-11761	115	9	and	and	CCONJ
ajfa-11761	115	10	anthony	anthony	PROPN
ajfa-11761	115	11	(	(	PUNCT
ajfa-11761	115	12	2012	2012	NUM
ajfa-11761	115	13	)	)	PUNCT
ajfa-11761	115	14	,	,	PUNCT
ajfa-11761	115	15	gleason	gleason	PROPN
ajfa-11761	115	16	et	et	PROPN
ajfa-11761	115	17	al	al	PROPN
ajfa-11761	115	18	.	.	PROPN
ajfa-11761	115	19	,	,	PUNCT
ajfa-11761	115	20	(	(	PUNCT
ajfa-11761	115	21	2000)majumdar	2000)majumdar	NOUN
ajfa-11761	115	22	and	and	CCONJ
ajfa-11761	115	23	chhibber	chhibber	NOUN
ajfa-11761	115	24	(	(	PUNCT
ajfa-11761	115	25	1999	1999	NUM
ajfa-11761	115	26	)	)	PUNCT
ajfa-11761	115	27	.	.	PUNCT
ajfa-11761	116	1	european	european	ADJ
ajfa-11761	116	2	studies	study	NOUN
ajfa-11761	116	3	(	(	PUNCT
ajfa-11761	116	4	gleason	gleason	PROPN
ajfa-11761	116	5	et	et	PROPN
ajfa-11761	116	6	al	al	PROPN
ajfa-11761	116	7	.	.	PROPN
ajfa-11761	116	8	,	,	PUNCT
ajfa-11761	116	9	2000	2000	NUM
ajfa-11761	116	10	;	;	PUNCT
ajfa-11761	116	11	goddard	goddard	PROPN
ajfa-11761	116	12	et	et	PROPN
ajfa-11761	116	13	al	al	PROPN
ajfa-11761	116	14	.	.	PROPN
ajfa-11761	116	15	,	,	PUNCT
ajfa-11761	116	16	2005	2005	NUM
ajfa-11761	116	17	;	;	PUNCT
ajfa-11761	116	18	yazdanfar	yazdanfar	ADV
ajfa-11761	116	19	and	and	CCONJ
ajfa-11761	116	20	öhman	öhman	NOUN
ajfa-11761	116	21	,	,	PUNCT
ajfa-11761	116	22	2015	2015	NUM
ajfa-11761	116	23	)	)	PUNCT
ajfa-11761	116	24	have	have	AUX
ajfa-11761	116	25	found	find	VERB
ajfa-11761	116	26	the	the	DET
ajfa-11761	116	27	relationship	relationship	NOUN
ajfa-11761	116	28	between	between	ADP
ajfa-11761	116	29	capital	capital	NOUN
ajfa-11761	116	30	structure	structure	NOUN
ajfa-11761	116	31	and	and	CCONJ
ajfa-11761	116	32	company	company	NOUN
ajfa-11761	116	33	performances	performance	NOUN
ajfa-11761	116	34	to	to	PART
ajfa-11761	116	35	be	be	AUX
ajfa-11761	116	36	negative	negative	ADJ
ajfa-11761	116	37	in	in	ADP
ajfa-11761	116	38	various	various	ADJ
ajfa-11761	116	39	sectors	sector	NOUN
ajfa-11761	116	40	.	.	PUNCT
ajfa-11761	117	1	gleason	gleason	PROPN
ajfa-11761	117	2	et	et	PROPN
ajfa-11761	117	3	al	al	PROPN
ajfa-11761	117	4	.	.	PROPN
ajfa-11761	118	1	(	(	PUNCT
ajfa-11761	118	2	2000	2000	NUM
ajfa-11761	118	3	)	)	PUNCT
ajfa-11761	118	4	and	and	CCONJ
ajfa-11761	118	5	yazdanfar	yazdanfar	ADV
ajfa-11761	118	6	and	and	CCONJ
ajfa-11761	118	7	öhman	öhman	NOUN
ajfa-11761	118	8	(	(	PUNCT
ajfa-11761	118	9	2015	2015	NUM
ajfa-11761	118	10	)	)	PUNCT
ajfa-11761	118	11	have	have	AUX
ajfa-11761	118	12	studied	study	VERB
ajfa-11761	118	13	the	the	DET
ajfa-11761	118	14	‘	'	PUNCT
ajfa-11761	118	15	wholesale	wholesale	ADJ
ajfa-11761	118	16	and	and	CCONJ
ajfa-11761	118	17	retail	retail	ADJ
ajfa-11761	118	18	’	'	PUNCT
ajfa-11761	118	19	sector	sector	NOUN
ajfa-11761	118	20	.	.	PUNCT
ajfa-11761	119	1	goddard	goddard	PROPN
ajfa-11761	119	2	et	et	PROPN
ajfa-11761	119	3	al	al	PROPN
ajfa-11761	119	4	.	.	PROPN
ajfa-11761	120	1	(	(	PUNCT
ajfa-11761	120	2	2005	2005	NUM
ajfa-11761	120	3	)	)	PUNCT
ajfa-11761	120	4	estimated	estimate	VERB
ajfa-11761	120	5	a	a	DET
ajfa-11761	120	6	profitability	profitability	NOUN
ajfa-11761	120	7	model	model	NOUN
ajfa-11761	120	8	using	use	VERB
ajfa-11761	120	9	a	a	DET
ajfa-11761	120	10	two	two	NUM
ajfa-11761	120	11	-	-	PUNCT
ajfa-11761	120	12	step	step	NOUN
ajfa-11761	120	13	gmm	gmm	NOUN
ajfa-11761	120	14	estimator	estimator	NOUN
ajfa-11761	120	15	,	,	PUNCT
ajfa-11761	120	16	applicable	applicable	ADJ
ajfa-11761	120	17	to	to	ADP
ajfa-11761	120	18	data	datum	NOUN
ajfa-11761	120	19	sets	set	NOUN
ajfa-11761	120	20	with	with	ADP
ajfa-11761	120	21	a	a	DET
ajfa-11761	120	22	large	large	ADJ
ajfa-11761	120	23	cross	cross	ADJ
ajfa-11761	120	24	-	-	ADJ
ajfa-11761	120	25	sectional	sectional	ADJ
ajfa-11761	120	26	and	and	CCONJ
ajfa-11761	120	27	a	a	DET
ajfa-11761	120	28	small	small	ADJ
ajfa-11761	120	29	time	time	NOUN
ajfa-11761	120	30	-	-	PUNCT
ajfa-11761	120	31	series	series	NOUN
ajfa-11761	120	32	dimension	dimension	NOUN
ajfa-11761	120	33	.	.	PUNCT
ajfa-11761	121	1	the	the	DET
ajfa-11761	121	2	findings	finding	NOUN
ajfa-11761	121	3	show	show	VERB
ajfa-11761	121	4	that	that	SCONJ
ajfa-11761	121	5	profitability	profitability	NOUN
ajfa-11761	121	6	was	be	AUX
ajfa-11761	121	7	inversely	inversely	ADV
ajfa-11761	121	8	related	relate	VERB
ajfa-11761	121	9	to	to	ADP
ajfa-11761	121	10	the	the	DET
ajfa-11761	121	11	firm	firm	NOUN
ajfa-11761	121	12	’s	’s	PART
ajfa-11761	121	13	gearing	gear	VERB
ajfa-11761	121	14	ratio	ratio	NOUN
ajfa-11761	121	15	with	with	ADP
ajfa-11761	121	16	regards	regard	NOUN
ajfa-11761	121	17	to	to	ADP
ajfa-11761	121	18	the	the	DET
ajfa-11761	121	19	european	european	ADJ
ajfa-11761	121	20	manufacturing	manufacturing	NOUN
ajfa-11761	121	21	and	and	CCONJ
ajfa-11761	121	22	services	service	NOUN
ajfa-11761	121	23	sectors	sector	NOUN
ajfa-11761	121	24	,	,	PUNCT
ajfa-11761	121	25	but	but	CCONJ
ajfa-11761	121	26	also	also	ADV
ajfa-11761	121	27	noted	note	VERB
ajfa-11761	121	28	that	that	SCONJ
ajfa-11761	121	29	firms	firm	NOUN
ajfa-11761	121	30	with	with	ADP
ajfa-11761	121	31	higher	high	ADJ
ajfa-11761	121	32	liquidity	liquidity	NOUN
ajfa-11761	121	33	tend	tend	VERB
ajfa-11761	121	34	to	to	PART
ajfa-11761	121	35	be	be	AUX
ajfa-11761	121	36	more	more	ADV
ajfa-11761	121	37	profitable	profitable	ADJ
ajfa-11761	121	38	.	.	PUNCT
ajfa-11761	122	1	yazdanfar	yazdanfar	ADJ
ajfa-11761	122	2	and	and	CCONJ
ajfa-11761	122	3	öhman	öhman	NOUN
ajfa-11761	122	4	(	(	PUNCT
ajfa-11761	122	5	2015	2015	NUM
ajfa-11761	122	6	)	)	PUNCT
ajfa-11761	122	7	used	use	VERB
ajfa-11761	122	8	three	three	NUM
ajfa-11761	122	9	-	-	PUNCT
ajfa-11761	122	10	stage	stage	NOUN
ajfa-11761	122	11	least	least	ADJ
ajfa-11761	122	12	squares	square	NOUN
ajfa-11761	122	13	(	(	PUNCT
ajfa-11761	122	14	3sls	3sls	NOUN
ajfa-11761	122	15	)	)	PUNCT
ajfa-11761	122	16	and	and	CCONJ
ajfa-11761	122	17	fixed	fix	VERB
ajfa-11761	122	18	-	-	PUNCT
ajfa-11761	122	19	effects	effect	NOUN
ajfa-11761	122	20	models	model	NOUN
ajfa-11761	122	21	to	to	PART
ajfa-11761	122	22	analyse	analyse	VERB
ajfa-11761	122	23	a	a	DET
ajfa-11761	122	24	comprehensive	comprehensive	ADJ
ajfa-11761	122	25	,	,	PUNCT
ajfa-11761	122	26	cross	cross	ADJ
ajfa-11761	122	27	-	-	ADJ
ajfa-11761	122	28	sectoral	sectoral	ADJ
ajfa-11761	122	29	sample	sample	NOUN
ajfa-11761	122	30	swedish	swedish	ADJ
ajfa-11761	122	31	smes	sme	NOUN
ajfa-11761	122	32	operating	operate	VERB
ajfa-11761	122	33	in	in	ADP
ajfa-11761	122	34	five	five	NUM
ajfa-11761	122	35	industry	industry	NOUN
ajfa-11761	122	36	sectors	sector	NOUN
ajfa-11761	122	37	during	during	ADP
ajfa-11761	122	38	the	the	DET
ajfa-11761	122	39	2009	2009	NUM
ajfa-11761	122	40	-	-	SYM
ajfa-11761	122	41	2012	2012	NUM
ajfa-11761	122	42	period	period	NOUN
ajfa-11761	122	43	.	.	PUNCT
ajfa-11761	123	1	the	the	DET
ajfa-11761	123	2	study	study	NOUN
ajfa-11761	123	3	confirmed	confirm	VERB
ajfa-11761	123	4	that	that	SCONJ
ajfa-11761	123	5	debt	debt	NOUN
ajfa-11761	123	6	ratios	ratio	NOUN
ajfa-11761	123	7	,	,	PUNCT
ajfa-11761	123	8	in	in	ADP
ajfa-11761	123	9	terms	term	NOUN
ajfa-11761	123	10	of	of	ADP
ajfa-11761	123	11	trade	trade	NOUN
ajfa-11761	123	12	credit	credit	NOUN
ajfa-11761	123	13	,	,	PUNCT
ajfa-11761	123	14	short	short	ADJ
ajfa-11761	123	15	-	-	PUNCT
ajfa-11761	123	16	term	term	NOUN
ajfa-11761	123	17	debt	debt	NOUN
ajfa-11761	123	18	and	and	CCONJ
ajfa-11761	123	19	long	long	ADJ
ajfa-11761	123	20	-	-	PUNCT
ajfa-11761	123	21	term	term	NOUN
ajfa-11761	123	22	debt	debt	NOUN
ajfa-11761	123	23	,	,	PUNCT
ajfa-11761	123	24	negatively	negatively	ADV
ajfa-11761	123	25	affect	affect	VERB
ajfa-11761	123	26	firm	firm	ADJ
ajfa-11761	123	27	performance	performance	NOUN
ajfa-11761	123	28	in	in	ADP
ajfa-11761	123	29	terms	term	NOUN
ajfa-11761	123	30	of	of	ADP
ajfa-11761	123	31	profitability	profitability	NOUN
ajfa-11761	123	32	.	.	PUNCT
ajfa-11761	124	1	as	as	ADP
ajfa-11761	124	2	a	a	DET
ajfa-11761	124	3	high	high	ADJ
ajfa-11761	124	4	debt	debt	NOUN
ajfa-11761	124	5	ratio	ratio	NOUN
ajfa-11761	124	6	seems	seem	VERB
ajfa-11761	124	7	to	to	PART
ajfa-11761	124	8	increase	increase	VERB
ajfa-11761	124	9	the	the	DET
ajfa-11761	124	10	agency	agency	NOUN
ajfa-11761	124	11	costs	cost	NOUN
ajfa-11761	124	12	and	and	CCONJ
ajfa-11761	124	13	the	the	DET
ajfa-11761	124	14	risk	risk	NOUN
ajfa-11761	124	15	of	of	ADP
ajfa-11761	124	16	losing	lose	VERB
ajfa-11761	124	17	control	control	NOUN
ajfa-11761	124	18	of	of	ADP
ajfa-11761	124	19	the	the	DET
ajfa-11761	124	20	firm	firm	NOUN
ajfa-11761	124	21	,	,	PUNCT
ajfa-11761	124	22	sme	sme	NOUN
ajfa-11761	124	23	owners	owner	NOUN
ajfa-11761	124	24	and	and	CCONJ
ajfa-11761	124	25	managers	manager	NOUN
ajfa-11761	124	26	tend	tend	VERB
ajfa-11761	124	27	to	to	PART
ajfa-11761	124	28	finance	finance	VERB
ajfa-11761	124	29	their	their	PRON
ajfa-11761	124	30	businesses	business	NOUN
ajfa-11761	124	31	with	with	ADP
ajfa-11761	124	32	equity	equity	NOUN
ajfa-11761	124	33	capital	capital	NOUN
ajfa-11761	124	34	to	to	ADP
ajfa-11761	124	35	a	a	DET
ajfa-11761	124	36	fairly	fairly	ADV
ajfa-11761	124	37	high	high	ADJ
ajfa-11761	124	38	degree	degree	NOUN
ajfa-11761	124	39	.	.	PUNCT
ajfa-11761	125	1	in	in	ADP
ajfa-11761	125	2	confirmation	confirmation	NOUN
ajfa-11761	125	3	of	of	ADP
ajfa-11761	125	4	the	the	DET
ajfa-11761	125	5	study	study	NOUN
ajfa-11761	125	6	of	of	ADP
ajfa-11761	125	7	yazdanfar	yazdanfar	ADJ
ajfa-11761	125	8	and	and	CCONJ
ajfa-11761	125	9	öhman	öhman	NOUN
ajfa-11761	125	10	(	(	PUNCT
ajfa-11761	125	11	2015	2015	NUM
ajfa-11761	125	12	)	)	PUNCT
ajfa-11761	125	13	,	,	PUNCT
ajfa-11761	125	14	abeywardhana	abeywardhana	PROPN
ajfa-11761	125	15	(	(	PUNCT
ajfa-11761	125	16	2015	2015	NUM
ajfa-11761	125	17	)	)	PUNCT
ajfa-11761	125	18	found	find	VERB
ajfa-11761	125	19	that	that	SCONJ
ajfa-11761	125	20	long	long	ADJ
ajfa-11761	125	21	-	-	PUNCT
ajfa-11761	125	22	term	term	NOUN
ajfa-11761	125	23	debt	debt	NOUN
ajfa-11761	125	24	to	to	ADP
ajfa-11761	125	25	total	total	ADJ
ajfa-11761	125	26	assets	asset	NOUN
ajfa-11761	125	27	ratio	ratio	NOUN
ajfa-11761	125	28	is	be	AUX
ajfa-11761	125	29	negatively	negatively	ADV
ajfa-11761	125	30	related	relate	VERB
ajfa-11761	125	31	with	with	ADP
ajfa-11761	125	32	the	the	DET
ajfa-11761	125	33	profitability	profitability	NOUN
ajfa-11761	125	34	of	of	ADP
ajfa-11761	125	35	nonfinancial	nonfinancial	ADJ
ajfa-11761	125	36	smes	sme	NOUN
ajfa-11761	125	37	in	in	ADP
ajfa-11761	125	38	the	the	DET
ajfa-11761	125	39	uk	uk	PROPN
ajfa-11761	125	40	.	.	PUNCT
ajfa-11761	126	1	the	the	DET
ajfa-11761	126	2	researcher	researcher	NOUN
ajfa-11761	126	3	used	use	VERB
ajfa-11761	126	4	the	the	DET
ajfa-11761	126	5	two	two	NUM
ajfa-11761	126	6	stage	stage	NOUN
ajfa-11761	126	7	least	least	ADJ
ajfa-11761	126	8	squares	square	NOUN
ajfa-11761	126	9	(	(	PUNCT
ajfa-11761	126	10	2sls	2sls	NOUN
ajfa-11761	126	11	)	)	PUNCT
ajfa-11761	126	12	model	model	NOUN
ajfa-11761	126	13	to	to	PART
ajfa-11761	126	14	examine	examine	VERB
ajfa-11761	126	15	the	the	DET
ajfa-11761	126	16	relationship	relationship	NOUN
ajfa-11761	126	17	between	between	ADP
ajfa-11761	126	18	capital	capital	NOUN
ajfa-11761	126	19	structure	structure	NOUN
ajfa-11761	126	20	and	and	CCONJ
ajfa-11761	126	21	the	the	DET
ajfa-11761	126	22	profitability	profitability	NOUN
ajfa-11761	126	23	of	of	ADP
ajfa-11761	126	24	nonfinancial	nonfinancial	ADJ
ajfa-11761	126	25	smes	sme	NOUN
ajfa-11761	126	26	in	in	ADP
ajfa-11761	126	27	the	the	DET
ajfa-11761	126	28	uk	uk	PROPN
ajfa-11761	126	29	for	for	ADP
ajfa-11761	126	30	the	the	DET
ajfa-11761	126	31	period	period	NOUN
ajfa-11761	126	32	of	of	ADP
ajfa-11761	126	33	1998	1998	NUM
ajfa-11761	126	34	-	-	SYM
ajfa-11761	126	35	2008	2008	NUM
ajfa-11761	126	36	.	.	PUNCT
ajfa-11761	127	1	weill	weill	PROPN
ajfa-11761	127	2	(	(	PUNCT
ajfa-11761	127	3	2008	2008	NUM
ajfa-11761	127	4	)	)	PUNCT
ajfa-11761	127	5	found	find	VERB
ajfa-11761	127	6	mixed	mixed	ADJ
ajfa-11761	127	7	results	result	NOUN
ajfa-11761	127	8	that	that	SCONJ
ajfa-11761	127	9	financial	financial	ADJ
ajfa-11761	127	10	leverage	leverage	NOUN
ajfa-11761	127	11	,	,	PUNCT
ajfa-11761	127	12	is	be	AUX
ajfa-11761	127	13	related	relate	VERB
ajfa-11761	127	14	to	to	ADP
ajfa-11761	127	15	firm	firm	ADJ
ajfa-11761	127	16	performance	performance	NOUN
ajfa-11761	127	17	positively	positively	ADV
ajfa-11761	127	18	and	and	CCONJ
ajfa-11761	127	19	significantly	significantly	ADV
ajfa-11761	127	20	in	in	ADP
ajfa-11761	127	21	spain	spain	PROPN
ajfa-11761	127	22	and	and	CCONJ
ajfa-11761	127	23	italy	italy	PROPN
ajfa-11761	127	24	,	,	PUNCT
ajfa-11761	127	25	but	but	CCONJ
ajfa-11761	127	26	negatively	negatively	ADV
ajfa-11761	127	27	and	and	CCONJ
ajfa-11761	127	28	significantly	significantly	ADV
ajfa-11761	127	29	in	in	ADP
ajfa-11761	127	30	germany	germany	PROPN
ajfa-11761	127	31	,	,	PUNCT
ajfa-11761	127	32	france	france	PROPN
ajfa-11761	127	33	,	,	PUNCT
ajfa-11761	127	34	belgium	belgium	NOUN
ajfa-11761	127	35	and	and	CCONJ
ajfa-11761	127	36	norway	norway	PROPN
ajfa-11761	127	37	,	,	PUNCT
ajfa-11761	127	38	and	and	CCONJ
ajfa-11761	127	39	negatively	negatively	ADV
ajfa-11761	127	40	and	and	CCONJ
ajfa-11761	127	41	insignificantly	insignificantly	ADV
ajfa-11761	127	42	in	in	ADP
ajfa-11761	127	43	portugal	portugal	PROPN
ajfa-11761	127	44	.	.	PUNCT
ajfa-11761	128	1	kebewar	kebewar	PROPN
ajfa-11761	128	2	(	(	PUNCT
ajfa-11761	128	3	2012	2012	NUM
ajfa-11761	128	4	)	)	PUNCT
ajfa-11761	128	5	underlined	underline	VERB
ajfa-11761	128	6	that	that	DET
ajfa-11761	128	7	evidence	evidence	NOUN
ajfa-11761	128	8	from	from	ADP
ajfa-11761	128	9	french	french	ADJ
ajfa-11761	128	10	service	service	NOUN
ajfa-11761	128	11	sector	sector	NOUN
ajfa-11761	128	12	shows	show	VERB
ajfa-11761	128	13	that	that	SCONJ
ajfa-11761	128	14	debt	debt	NOUN
ajfa-11761	128	15	has	have	VERB
ajfa-11761	128	16	no	no	DET
ajfa-11761	128	17	influence	influence	NOUN
ajfa-11761	128	18	on	on	ADP
ajfa-11761	128	19	profitability	profitability	NOUN
ajfa-11761	128	20	either	either	CCONJ
ajfa-11761	128	21	in	in	ADP
ajfa-11761	128	22	a	a	DET
ajfa-11761	128	23	linear	linear	ADJ
ajfa-11761	128	24	way	way	NOUN
ajfa-11761	128	25	,	,	PUNCT
ajfa-11761	128	26	or	or	CCONJ
ajfa-11761	128	27	in	in	ADP
ajfa-11761	128	28	a	a	DET
ajfa-11761	128	29	non	non	ADJ
ajfa-11761	128	30	-	-	ADJ
ajfa-11761	128	31	linear	linear	ADJ
ajfa-11761	128	32	way	way	NOUN
ajfa-11761	128	33	.	.	PUNCT
ajfa-11761	129	1	this	this	DET
ajfa-11761	129	2	study	study	NOUN
ajfa-11761	129	3	found	find	VERB
ajfa-11761	129	4	that	that	SCONJ
ajfa-11761	129	5	even	even	ADV
ajfa-11761	129	6	when	when	SCONJ
ajfa-11761	129	7	the	the	DET
ajfa-11761	129	8	analysis	analysis	NOUN
ajfa-11761	129	9	is	be	AUX
ajfa-11761	129	10	presented	present	VERB
ajfa-11761	129	11	using	use	VERB
ajfa-11761	129	12	different	different	ADJ
ajfa-11761	129	13	size	size	NOUN
ajfa-11761	129	14	classes	class	NOUN
ajfa-11761	129	15	there	there	PRON
ajfa-11761	129	16	is	be	VERB
ajfa-11761	129	17	no	no	DET
ajfa-11761	129	18	impact	impact	NOUN
ajfa-11761	129	19	regardless	regardless	ADV
ajfa-11761	129	20	of	of	ADP
ajfa-11761	129	21	the	the	DET
ajfa-11761	129	22	size	size	NOUN
ajfa-11761	129	23	of	of	ADP
ajfa-11761	129	24	the	the	DET
ajfa-11761	129	25	enterprise	enterprise	NOUN
ajfa-11761	129	26	.	.	PUNCT
ajfa-11761	130	1	using	use	VERB
ajfa-11761	130	2	gmm	gmm	PROPN
ajfa-11761	130	3	kebewar	kebewar	PROPN
ajfa-11761	130	4	(	(	PUNCT
ajfa-11761	130	5	2012	2012	NUM
ajfa-11761	130	6	)	)	PUNCT
ajfa-11761	130	7	shows	show	VERB
ajfa-11761	130	8	that	that	SCONJ
ajfa-11761	130	9	debt	debt	NOUN
ajfa-11761	130	10	ratio	ratio	NOUN
ajfa-11761	130	11	has	have	VERB
ajfa-11761	130	12	no	no	DET
ajfa-11761	130	13	effect	effect	NOUN
ajfa-11761	130	14	on	on	ADP
ajfa-11761	130	15	corporate	corporate	ADJ
ajfa-11761	130	16	profitability	profitability	NOUN
ajfa-11761	130	17	,	,	PUNCT
ajfa-11761	130	18	regardless	regardless	ADV
ajfa-11761	130	19	of	of	ADP
ajfa-11761	130	20	the	the	DET
ajfa-11761	130	21	size	size	NOUN
ajfa-11761	130	22	of	of	ADP
ajfa-11761	130	23	company	company	NOUN
ajfa-11761	130	24	.	.	PUNCT
ajfa-11761	131	1	as	as	SCONJ
ajfa-11761	131	2	abor	abor	NOUN
ajfa-11761	131	3	(	(	PUNCT
ajfa-11761	131	4	2005	2005	NUM
ajfa-11761	131	5	)	)	PUNCT
ajfa-11761	131	6	concluded	conclude	VERB
ajfa-11761	131	7	,	,	PUNCT
ajfa-11761	131	8	‘	'	PUNCT
ajfa-11761	131	9	there	there	PRON
ajfa-11761	131	10	is	be	VERB
ajfa-11761	131	11	no	no	DET
ajfa-11761	131	12	universal	universal	ADJ
ajfa-11761	131	13	theory	theory	NOUN
ajfa-11761	131	14	of	of	ADP
ajfa-11761	131	15	the	the	DET
ajfa-11761	131	16	debt	debt	NOUN
ajfa-11761	131	17	-	-	PUNCT
ajfa-11761	131	18	equity	equity	NOUN
ajfa-11761	131	19	choice	choice	NOUN
ajfa-11761	131	20	.	.	PUNCT
ajfa-11761	131	21	’	'	PUNCT
ajfa-11761	132	1	this	this	PRON
ajfa-11761	132	2	is	be	AUX
ajfa-11761	132	3	supported	support	VERB
ajfa-11761	132	4	by	by	ADP
ajfa-11761	132	5	the	the	DET
ajfa-11761	132	6	above	above	ADJ
ajfa-11761	132	7	review	review	NOUN
ajfa-11761	132	8	of	of	ADP
ajfa-11761	132	9	the	the	DET
ajfa-11761	132	10	literature	literature	NOUN
ajfa-11761	132	11	which	which	PRON
ajfa-11761	132	12	shows	show	VERB
ajfa-11761	132	13	contradictions	contradiction	NOUN
ajfa-11761	132	14	in	in	ADP
ajfa-11761	132	15	the	the	DET
ajfa-11761	132	16	findings	finding	NOUN
ajfa-11761	132	17	of	of	ADP
ajfa-11761	132	18	asian	asian	ADJ
ajfa-11761	132	19	journal	journal	PROPN
ajfa-11761	132	20	of	of	ADP
ajfa-11761	132	21	finance	finance	PROPN
ajfa-11761	132	22	&	&	CCONJ
ajfa-11761	132	23	accounting	accounting	PROPN
ajfa-11761	132	24	issn	issn	PROPN
ajfa-11761	132	25	1946	1946	NUM
ajfa-11761	132	26	-	-	PUNCT
ajfa-11761	132	27	052x	052x	PROPN
ajfa-11761	132	28	2017	2017	NUM
ajfa-11761	132	29	,	,	PUNCT
ajfa-11761	132	30	vol	vol	NOUN
ajfa-11761	132	31	.	.	NOUN
ajfa-11761	132	32	9	9	NUM
ajfa-11761	132	33	,	,	PUNCT
ajfa-11761	132	34	no	no	NOUN
ajfa-11761	132	35	.	.	NOUN
ajfa-11761	132	36	2	2	NUM
ajfa-11761	132	37	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	132	38	111	111	NUM
ajfa-11761	132	39	the	the	DET
ajfa-11761	132	40	many	many	ADJ
ajfa-11761	132	41	studies	study	NOUN
ajfa-11761	132	42	conducted	conduct	VERB
ajfa-11761	132	43	in	in	ADP
ajfa-11761	132	44	an	an	DET
ajfa-11761	132	45	attempt	attempt	NOUN
ajfa-11761	132	46	to	to	PART
ajfa-11761	132	47	find	find	VERB
ajfa-11761	132	48	the	the	DET
ajfa-11761	132	49	optimal	optimal	ADJ
ajfa-11761	132	50	capital	capital	NOUN
ajfa-11761	132	51	structure	structure	NOUN
ajfa-11761	132	52	which	which	PRON
ajfa-11761	132	53	should	should	AUX
ajfa-11761	132	54	ensure	ensure	VERB
ajfa-11761	132	55	an	an	DET
ajfa-11761	132	56	increase	increase	NOUN
ajfa-11761	132	57	or	or	CCONJ
ajfa-11761	132	58	improvement	improvement	NOUN
ajfa-11761	132	59	in	in	ADP
ajfa-11761	132	60	the	the	DET
ajfa-11761	132	61	firm	firm	NOUN
ajfa-11761	132	62	’s	’s	PART
ajfa-11761	132	63	performance	performance	NOUN
ajfa-11761	132	64	and	and	CCONJ
ajfa-11761	132	65	value	value	NOUN
ajfa-11761	132	66	.	.	PUNCT
ajfa-11761	133	1	the	the	DET
ajfa-11761	133	2	studies	study	NOUN
ajfa-11761	133	3	had	have	VERB
ajfa-11761	133	4	varying	vary	VERB
ajfa-11761	133	5	structures	structure	NOUN
ajfa-11761	133	6	,	,	PUNCT
ajfa-11761	133	7	used	use	VERB
ajfa-11761	133	8	different	different	ADJ
ajfa-11761	133	9	measures	measure	NOUN
ajfa-11761	133	10	of	of	ADP
ajfa-11761	133	11	firm	firm	ADJ
ajfa-11761	133	12	performance	performance	NOUN
ajfa-11761	133	13	and	and	CCONJ
ajfa-11761	133	14	reported	report	VERB
ajfa-11761	133	15	mixed	mixed	ADJ
ajfa-11761	133	16	results	result	NOUN
ajfa-11761	133	17	.	.	PUNCT
ajfa-11761	134	1	the	the	DET
ajfa-11761	134	2	fact	fact	NOUN
ajfa-11761	134	3	that	that	SCONJ
ajfa-11761	134	4	the	the	DET
ajfa-11761	134	5	results	result	NOUN
ajfa-11761	134	6	were	be	AUX
ajfa-11761	134	7	obtained	obtain	VERB
ajfa-11761	134	8	from	from	ADP
ajfa-11761	134	9	studies	study	NOUN
ajfa-11761	134	10	conducted	conduct	VERB
ajfa-11761	134	11	in	in	ADP
ajfa-11761	134	12	varying	vary	VERB
ajfa-11761	134	13	socio	socio	NOUN
ajfa-11761	134	14	-	-	PUNCT
ajfa-11761	134	15	economic	economic	ADJ
ajfa-11761	134	16	contexts	contexts	NOUN
ajfa-11761	134	17	,	,	PUNCT
ajfa-11761	134	18	can	can	AUX
ajfa-11761	134	19	to	to	ADP
ajfa-11761	134	20	some	some	DET
ajfa-11761	134	21	extent	extent	NOUN
ajfa-11761	134	22	explain	explain	VERB
ajfa-11761	134	23	the	the	DET
ajfa-11761	134	24	contradictions	contradiction	NOUN
ajfa-11761	134	25	of	of	ADP
ajfa-11761	134	26	the	the	DET
ajfa-11761	134	27	results	result	NOUN
ajfa-11761	134	28	,	,	PUNCT
ajfa-11761	134	29	as	as	SCONJ
ajfa-11761	134	30	the	the	DET
ajfa-11761	134	31	underlying	underlie	VERB
ajfa-11761	134	32	structure	structure	NOUN
ajfa-11761	134	33	,	,	PUNCT
ajfa-11761	134	34	form	form	NOUN
ajfa-11761	134	35	or	or	CCONJ
ajfa-11761	134	36	nature	nature	NOUN
ajfa-11761	134	37	of	of	ADP
ajfa-11761	134	38	the	the	DET
ajfa-11761	134	39	researched	research	VERB
ajfa-11761	134	40	institutions	institution	NOUN
ajfa-11761	134	41	may	may	AUX
ajfa-11761	134	42	play	play	VERB
ajfa-11761	134	43	a	a	DET
ajfa-11761	134	44	role	role	NOUN
ajfa-11761	134	45	in	in	ADP
ajfa-11761	134	46	the	the	DET
ajfa-11761	134	47	relationship	relationship	NOUN
ajfa-11761	134	48	between	between	ADP
ajfa-11761	134	49	the	the	DET
ajfa-11761	134	50	firm	firm	NOUN
ajfa-11761	134	51	’s	’s	PART
ajfa-11761	134	52	financial	financial	ADJ
ajfa-11761	134	53	leverage	leverage	NOUN
ajfa-11761	134	54	and	and	CCONJ
ajfa-11761	134	55	its	its	PRON
ajfa-11761	134	56	financial	financial	ADJ
ajfa-11761	134	57	performance	performance	NOUN
ajfa-11761	134	58	.	.	PUNCT
ajfa-11761	135	1	this	this	PRON
ajfa-11761	135	2	is	be	AUX
ajfa-11761	135	3	therefore	therefore	ADV
ajfa-11761	135	4	a	a	DET
ajfa-11761	135	5	rational	rational	ADJ
ajfa-11761	135	6	motive	motive	NOUN
ajfa-11761	135	7	(	(	PUNCT
ajfa-11761	135	8	reason	reason	NOUN
ajfa-11761	135	9	)	)	PUNCT
ajfa-11761	135	10	why	why	SCONJ
ajfa-11761	135	11	it	it	PRON
ajfa-11761	135	12	is	be	AUX
ajfa-11761	135	13	relevant	relevant	ADJ
ajfa-11761	135	14	to	to	PART
ajfa-11761	135	15	study	study	VERB
ajfa-11761	135	16	this	this	DET
ajfa-11761	135	17	relationship	relationship	NOUN
ajfa-11761	135	18	and	and	CCONJ
ajfa-11761	135	19	the	the	DET
ajfa-11761	135	20	impact	impact	NOUN
ajfa-11761	135	21	between	between	ADP
ajfa-11761	135	22	these	these	DET
ajfa-11761	135	23	variables	variable	NOUN
ajfa-11761	135	24	(	(	PUNCT
ajfa-11761	135	25	debt	debt	NOUN
ajfa-11761	135	26	financing	financing	NOUN
ajfa-11761	135	27	and	and	CCONJ
ajfa-11761	135	28	firm	firm	ADJ
ajfa-11761	135	29	performance	performance	NOUN
ajfa-11761	135	30	)	)	PUNCT
ajfa-11761	135	31	in	in	ADP
ajfa-11761	135	32	both	both	CCONJ
ajfa-11761	135	33	the	the	DET
ajfa-11761	135	34	south	south	ADJ
ajfa-11761	135	35	african	african	ADJ
ajfa-11761	135	36	and	and	CCONJ
ajfa-11761	135	37	sri	sri	ADJ
ajfa-11761	135	38	lankan	lankan	ADJ
ajfa-11761	135	39	contexts	contexts	NOUN
ajfa-11761	135	40	.	.	PUNCT
ajfa-11761	136	1	to	to	ADP
ajfa-11761	136	2	the	the	DET
ajfa-11761	136	3	best	good	ADJ
ajfa-11761	136	4	knowledge	knowledge	NOUN
ajfa-11761	136	5	of	of	ADP
ajfa-11761	136	6	the	the	DET
ajfa-11761	136	7	researcher	researcher	NOUN
ajfa-11761	136	8	,	,	PUNCT
ajfa-11761	136	9	the	the	DET
ajfa-11761	136	10	wholesale	wholesale	ADJ
ajfa-11761	136	11	and	and	CCONJ
ajfa-11761	136	12	retail	retail	ADJ
ajfa-11761	136	13	sectors	sector	NOUN
ajfa-11761	136	14	of	of	ADP
ajfa-11761	136	15	the	the	DET
ajfa-11761	136	16	two	two	NUM
ajfa-11761	136	17	countries	country	NOUN
ajfa-11761	136	18	have	have	AUX
ajfa-11761	136	19	not	not	PART
ajfa-11761	136	20	been	be	AUX
ajfa-11761	136	21	studied	study	VERB
ajfa-11761	136	22	under	under	ADP
ajfa-11761	136	23	the	the	DET
ajfa-11761	136	24	capital	capital	NOUN
ajfa-11761	136	25	structure	structure	NOUN
ajfa-11761	136	26	study	study	NOUN
ajfa-11761	136	27	area	area	NOUN
ajfa-11761	136	28	,	,	PUNCT
ajfa-11761	136	29	which	which	PRON
ajfa-11761	136	30	is	be	AUX
ajfa-11761	136	31	another	another	DET
ajfa-11761	136	32	reason	reason	NOUN
ajfa-11761	136	33	why	why	SCONJ
ajfa-11761	136	34	it	it	PRON
ajfa-11761	136	35	is	be	AUX
ajfa-11761	136	36	befitting	befit	VERB
ajfa-11761	136	37	to	to	PART
ajfa-11761	136	38	explore	explore	VERB
ajfa-11761	136	39	the	the	DET
ajfa-11761	136	40	impact	impact	NOUN
ajfa-11761	136	41	of	of	ADP
ajfa-11761	136	42	debt	debt	NOUN
ajfa-11761	136	43	capital	capital	NOUN
ajfa-11761	136	44	on	on	ADP
ajfa-11761	136	45	the	the	DET
ajfa-11761	136	46	financial	financial	ADJ
ajfa-11761	136	47	performance	performance	NOUN
ajfa-11761	136	48	of	of	ADP
ajfa-11761	136	49	companies	company	NOUN
ajfa-11761	136	50	in	in	ADP
ajfa-11761	136	51	a	a	DET
ajfa-11761	136	52	comparative	comparative	ADJ
ajfa-11761	136	53	study	study	NOUN
ajfa-11761	136	54	between	between	ADP
ajfa-11761	136	55	the	the	DET
ajfa-11761	136	56	two	two	NUM
ajfa-11761	136	57	countries	country	NOUN
ajfa-11761	136	58	.	.	PUNCT
ajfa-11761	137	1	3	3	X
ajfa-11761	137	2	.	.	X
ajfa-11761	137	3	methodology	methodology	NOUN
ajfa-11761	137	4	in	in	ADP
ajfa-11761	137	5	terms	term	NOUN
ajfa-11761	137	6	of	of	ADP
ajfa-11761	137	7	the	the	DET
ajfa-11761	137	8	research	research	NOUN
ajfa-11761	137	9	methodology	methodology	NOUN
ajfa-11761	137	10	employed	employ	VERB
ajfa-11761	137	11	,	,	PUNCT
ajfa-11761	137	12	the	the	DET
ajfa-11761	137	13	research	research	NOUN
ajfa-11761	137	14	applied	apply	VERB
ajfa-11761	137	15	longitudinal	longitudinal	ADJ
ajfa-11761	137	16	(	(	PUNCT
ajfa-11761	137	17	panel	panel	NOUN
ajfa-11761	137	18	data	data	PROPN
ajfa-11761	137	19	)	)	PUNCT
ajfa-11761	137	20	research	research	NOUN
ajfa-11761	137	21	techniques	technique	NOUN
ajfa-11761	137	22	to	to	PART
ajfa-11761	137	23	analyse	analyse	VERB
ajfa-11761	137	24	data	datum	NOUN
ajfa-11761	137	25	across	across	ADP
ajfa-11761	137	26	the	the	DET
ajfa-11761	137	27	sampled	sample	VERB
ajfa-11761	137	28	publicly	publicly	ADV
ajfa-11761	137	29	listed	list	VERB
ajfa-11761	137	30	companies	company	NOUN
ajfa-11761	137	31	for	for	ADP
ajfa-11761	137	32	the	the	DET
ajfa-11761	137	33	five	five	NUM
ajfa-11761	137	34	year	year	NOUN
ajfa-11761	137	35	period	period	NOUN
ajfa-11761	137	36	from	from	ADP
ajfa-11761	137	37	2011	2011	NUM
ajfa-11761	137	38	to	to	ADP
ajfa-11761	137	39	2015	2015	NUM
ajfa-11761	137	40	.	.	PUNCT
ajfa-11761	138	1	data	datum	NOUN
ajfa-11761	138	2	collection	collection	NOUN
ajfa-11761	138	3	was	be	AUX
ajfa-11761	138	4	undertaken	undertake	VERB
ajfa-11761	138	5	using	use	VERB
ajfa-11761	138	6	a	a	DET
ajfa-11761	138	7	secondary	secondary	ADJ
ajfa-11761	138	8	data	data	NOUN
ajfa-11761	138	9	method	method	NOUN
ajfa-11761	138	10	that	that	PRON
ajfa-11761	138	11	depended	depend	VERB
ajfa-11761	138	12	mainly	mainly	ADV
ajfa-11761	138	13	on	on	ADP
ajfa-11761	138	14	firms	firm	NOUN
ajfa-11761	138	15	’	'	PUNCT
ajfa-11761	138	16	annual	annual	ADJ
ajfa-11761	138	17	reports	report	NOUN
ajfa-11761	138	18	.	.	PUNCT
ajfa-11761	139	1	the	the	DET
ajfa-11761	139	2	variables	variable	NOUN
ajfa-11761	139	3	were	be	AUX
ajfa-11761	139	4	developed	develop	VERB
ajfa-11761	139	5	in	in	ADP
ajfa-11761	139	6	a	a	DET
ajfa-11761	139	7	manner	manner	NOUN
ajfa-11761	139	8	that	that	PRON
ajfa-11761	139	9	gave	give	VERB
ajfa-11761	139	10	consistency	consistency	NOUN
ajfa-11761	139	11	to	to	ADP
ajfa-11761	139	12	prior	prior	ADJ
ajfa-11761	139	13	studies	study	NOUN
ajfa-11761	139	14	and	and	CCONJ
ajfa-11761	139	15	underlying	underlie	VERB
ajfa-11761	139	16	theories	theory	NOUN
ajfa-11761	139	17	.	.	PUNCT
ajfa-11761	140	1	the	the	DET
ajfa-11761	140	2	variables	variable	NOUN
ajfa-11761	140	3	as	as	ADV
ajfa-11761	140	4	well	well	ADV
ajfa-11761	140	5	as	as	ADP
ajfa-11761	140	6	the	the	DET
ajfa-11761	140	7	hypotheses	hypothesis	NOUN
ajfa-11761	140	8	were	be	AUX
ajfa-11761	140	9	measured	measure	VERB
ajfa-11761	140	10	according	accord	VERB
ajfa-11761	140	11	to	to	ADP
ajfa-11761	140	12	accounting	accounting	NOUN
ajfa-11761	140	13	and	and	CCONJ
ajfa-11761	140	14	financial	financial	ADJ
ajfa-11761	140	15	guidelines	guideline	NOUN
ajfa-11761	140	16	in	in	ADP
ajfa-11761	140	17	order	order	NOUN
ajfa-11761	140	18	to	to	PART
ajfa-11761	140	19	answer	answer	VERB
ajfa-11761	140	20	the	the	DET
ajfa-11761	140	21	research	research	NOUN
ajfa-11761	140	22	questions	question	NOUN
ajfa-11761	140	23	.	.	PUNCT
ajfa-11761	141	1	entire	entire	ADJ
ajfa-11761	141	2	dataset	dataset	NOUN
ajfa-11761	141	3	is	be	AUX
ajfa-11761	141	4	205	205	NUM
ajfa-11761	141	5	observations	observation	NOUN
ajfa-11761	141	6	(	(	PUNCT
ajfa-11761	141	7	125	125	NUM
ajfa-11761	141	8	from	from	ADP
ajfa-11761	141	9	south	south	PROPN
ajfa-11761	141	10	africa	africa	PROPN
ajfa-11761	141	11	and	and	CCONJ
ajfa-11761	141	12	80	80	NUM
ajfa-11761	141	13	from	from	ADP
ajfa-11761	141	14	sri	sri	PROPN
ajfa-11761	141	15	lanka	lanka	PROPN
ajfa-11761	141	16	)	)	PUNCT
ajfa-11761	141	17	which	which	PRON
ajfa-11761	141	18	will	will	AUX
ajfa-11761	141	19	be	be	AUX
ajfa-11761	141	20	analysed	analyse	VERB
ajfa-11761	141	21	separately	separately	ADV
ajfa-11761	141	22	for	for	ADP
ajfa-11761	141	23	a	a	DET
ajfa-11761	141	24	comparative	comparative	ADJ
ajfa-11761	141	25	study	study	NOUN
ajfa-11761	141	26	.	.	PUNCT
ajfa-11761	142	1	panel	panel	NOUN
ajfa-11761	142	2	data	data	PROPN
ajfa-11761	142	3	regression	regression	NOUN
ajfa-11761	142	4	models	model	NOUN
ajfa-11761	142	5	have	have	AUX
ajfa-11761	142	6	been	be	AUX
ajfa-11761	142	7	employed	employ	VERB
ajfa-11761	142	8	for	for	ADP
ajfa-11761	142	9	the	the	DET
ajfa-11761	142	10	purpose	purpose	NOUN
ajfa-11761	142	11	of	of	ADP
ajfa-11761	142	12	this	this	DET
ajfa-11761	142	13	study	study	NOUN
ajfa-11761	142	14	for	for	ADP
ajfa-11761	142	15	which	which	PRON
ajfa-11761	142	16	hausman	hausman	ADJ
ajfa-11761	142	17	test	test	NOUN
ajfa-11761	142	18	was	be	AUX
ajfa-11761	142	19	conducted	conduct	VERB
ajfa-11761	142	20	and	and	CCONJ
ajfa-11761	142	21	showed	show	VERB
ajfa-11761	142	22	support	support	NOUN
ajfa-11761	142	23	for	for	ADP
ajfa-11761	142	24	fixed	fix	VERB
ajfa-11761	142	25	-	-	PUNCT
ajfa-11761	142	26	effects	effect	NOUN
ajfa-11761	142	27	(	(	PUNCT
ajfa-11761	142	28	within	within	ADP
ajfa-11761	142	29	)	)	PUNCT
ajfa-11761	142	30	regression	regression	NOUN
ajfa-11761	142	31	model	model	NOUN
ajfa-11761	142	32	.	.	PUNCT
ajfa-11761	143	1	3.1	3.1	NUM
ajfa-11761	143	2	hypothesis	hypothesis	NOUN
ajfa-11761	143	3	development	development	NOUN
ajfa-11761	143	4	agency	agency	PROPN
ajfa-11761	143	5	cost	cost	NOUN
ajfa-11761	143	6	theory	theory	NOUN
ajfa-11761	143	7	affirmed	affirm	VERB
ajfa-11761	143	8	the	the	DET
ajfa-11761	143	9	assertion	assertion	NOUN
ajfa-11761	143	10	made	make	VERB
ajfa-11761	143	11	by	by	ADP
ajfa-11761	143	12	the	the	DET
ajfa-11761	143	13	pecking	pecking	NOUN
ajfa-11761	143	14	order	order	NOUN
ajfa-11761	143	15	theory	theory	NOUN
ajfa-11761	143	16	as	as	SCONJ
ajfa-11761	143	17	it	it	PRON
ajfa-11761	143	18	suggests	suggest	VERB
ajfa-11761	143	19	that	that	SCONJ
ajfa-11761	143	20	,	,	PUNCT
ajfa-11761	143	21	conflicts	conflict	NOUN
ajfa-11761	143	22	of	of	ADP
ajfa-11761	143	23	interest	interest	NOUN
ajfa-11761	143	24	between	between	ADP
ajfa-11761	143	25	owners	owner	NOUN
ajfa-11761	143	26	and	and	CCONJ
ajfa-11761	143	27	creditors	creditor	NOUN
ajfa-11761	143	28	should	should	AUX
ajfa-11761	143	29	likely	likely	ADV
ajfa-11761	143	30	lead	lead	VERB
ajfa-11761	143	31	to	to	ADP
ajfa-11761	143	32	a	a	DET
ajfa-11761	143	33	negative	negative	ADJ
ajfa-11761	143	34	relationship	relationship	NOUN
ajfa-11761	143	35	between	between	ADP
ajfa-11761	143	36	financial	financial	ADJ
ajfa-11761	143	37	leverage	leverage	NOUN
ajfa-11761	143	38	and	and	CCONJ
ajfa-11761	143	39	profitability	profitability	NOUN
ajfa-11761	143	40	.	.	PUNCT
ajfa-11761	144	1	the	the	DET
ajfa-11761	144	2	agency	agency	NOUN
ajfa-11761	144	3	cost	cost	NOUN
ajfa-11761	144	4	theory	theory	NOUN
ajfa-11761	144	5	adds	add	VERB
ajfa-11761	144	6	that	that	SCONJ
ajfa-11761	144	7	profitable	profitable	ADJ
ajfa-11761	144	8	firms	firm	NOUN
ajfa-11761	144	9	would	would	AUX
ajfa-11761	144	10	tend	tend	VERB
ajfa-11761	144	11	to	to	PART
ajfa-11761	144	12	decrease	decrease	VERB
ajfa-11761	144	13	their	their	PRON
ajfa-11761	144	14	agency	agency	NOUN
ajfa-11761	144	15	costs	cost	NOUN
ajfa-11761	144	16	of	of	ADP
ajfa-11761	144	17	debt	debt	NOUN
ajfa-11761	144	18	by	by	ADP
ajfa-11761	144	19	using	use	VERB
ajfa-11761	144	20	retained	retain	VERB
ajfa-11761	144	21	earnings	earning	NOUN
ajfa-11761	144	22	and	and	CCONJ
ajfa-11761	144	23	thereby	thereby	ADV
ajfa-11761	144	24	reducing	reduce	VERB
ajfa-11761	144	25	their	their	PRON
ajfa-11761	144	26	debt	debt	NOUN
ajfa-11761	144	27	ratios	ratio	NOUN
ajfa-11761	144	28	.	.	PUNCT
ajfa-11761	145	1	based	base	VERB
ajfa-11761	145	2	on	on	ADP
ajfa-11761	145	3	the	the	DET
ajfa-11761	145	4	agency	agency	NOUN
ajfa-11761	145	5	cost	cost	NOUN
ajfa-11761	145	6	view	view	NOUN
ajfa-11761	145	7	,	,	PUNCT
ajfa-11761	145	8	the	the	DET
ajfa-11761	145	9	effects	effect	NOUN
ajfa-11761	145	10	of	of	ADP
ajfa-11761	145	11	accounts	account	NOUN
ajfa-11761	145	12	payable	payable	ADJ
ajfa-11761	145	13	,	,	PUNCT
ajfa-11761	145	14	short	short	ADJ
ajfa-11761	145	15	-	-	PUNCT
ajfa-11761	145	16	term	term	NOUN
ajfa-11761	145	17	debts	debt	NOUN
ajfa-11761	145	18	and	and	CCONJ
ajfa-11761	145	19	long	long	ADJ
ajfa-11761	145	20	-	-	PUNCT
ajfa-11761	145	21	term	term	NOUN
ajfa-11761	145	22	debts	debt	NOUN
ajfa-11761	145	23	on	on	ADP
ajfa-11761	145	24	performance	performance	NOUN
ajfa-11761	145	25	in	in	ADP
ajfa-11761	145	26	terms	term	NOUN
ajfa-11761	145	27	of	of	ADP
ajfa-11761	145	28	profitability	profitability	NOUN
ajfa-11761	145	29	are	be	AUX
ajfa-11761	145	30	all	all	ADV
ajfa-11761	145	31	likely	likely	ADJ
ajfa-11761	145	32	to	to	PART
ajfa-11761	145	33	be	be	AUX
ajfa-11761	145	34	negative	negative	ADJ
ajfa-11761	145	35	(	(	PUNCT
ajfa-11761	145	36	yazdanfar	yazdanfar	ADJ
ajfa-11761	145	37	and	and	CCONJ
ajfa-11761	145	38	öhman	öhman	NOUN
ajfa-11761	145	39	,	,	PUNCT
ajfa-11761	145	40	2015	2015	NUM
ajfa-11761	145	41	)	)	PUNCT
ajfa-11761	145	42	.	.	PUNCT
ajfa-11761	146	1	there	there	PRON
ajfa-11761	146	2	have	have	AUX
ajfa-11761	146	3	been	be	AUX
ajfa-11761	146	4	quite	quite	DET
ajfa-11761	146	5	a	a	DET
ajfa-11761	146	6	good	good	ADJ
ajfa-11761	146	7	number	number	NOUN
ajfa-11761	146	8	of	of	ADP
ajfa-11761	146	9	researchers	researcher	NOUN
ajfa-11761	146	10	that	that	PRON
ajfa-11761	146	11	have	have	AUX
ajfa-11761	146	12	conducted	conduct	VERB
ajfa-11761	146	13	their	their	PRON
ajfa-11761	146	14	studies	study	NOUN
ajfa-11761	146	15	based	base	VERB
ajfa-11761	146	16	on	on	ADP
ajfa-11761	146	17	the	the	DET
ajfa-11761	146	18	above	above	ADJ
ajfa-11761	146	19	theories	theory	NOUN
ajfa-11761	146	20	,	,	PUNCT
ajfa-11761	146	21	but	but	CCONJ
ajfa-11761	146	22	to	to	ADP
ajfa-11761	146	23	date	date	NOUN
ajfa-11761	146	24	,	,	PUNCT
ajfa-11761	146	25	there	there	PRON
ajfa-11761	146	26	’s	’	VERB
ajfa-11761	146	27	still	still	ADV
ajfa-11761	146	28	no	no	DET
ajfa-11761	146	29	determined	determined	ADJ
ajfa-11761	146	30	conclusive	conclusive	ADJ
ajfa-11761	146	31	relationship	relationship	NOUN
ajfa-11761	146	32	between	between	ADP
ajfa-11761	146	33	capital	capital	NOUN
ajfa-11761	146	34	structure	structure	NOUN
ajfa-11761	146	35	and	and	CCONJ
ajfa-11761	146	36	financial	financial	ADJ
ajfa-11761	146	37	performance	performance	NOUN
ajfa-11761	146	38	of	of	ADP
ajfa-11761	146	39	firms	firm	NOUN
ajfa-11761	146	40	.	.	PUNCT
ajfa-11761	147	1	campello	campello	PROPN
ajfa-11761	147	2	(	(	PUNCT
ajfa-11761	147	3	2006	2006	NUM
ajfa-11761	147	4	)	)	PUNCT
ajfa-11761	147	5	found	find	VERB
ajfa-11761	147	6	that	that	SCONJ
ajfa-11761	147	7	debt	debt	NOUN
ajfa-11761	147	8	financing	financing	NOUN
ajfa-11761	147	9	may	may	AUX
ajfa-11761	147	10	either	either	CCONJ
ajfa-11761	147	11	boost	boost	VERB
ajfa-11761	147	12	or	or	CCONJ
ajfa-11761	147	13	hinder	hinder	VERB
ajfa-11761	147	14	firm	firm	ADJ
ajfa-11761	147	15	competitive	competitive	ADJ
ajfa-11761	147	16	performance	performance	NOUN
ajfa-11761	147	17	as	as	SCONJ
ajfa-11761	147	18	the	the	DET
ajfa-11761	147	19	study	study	NOUN
ajfa-11761	147	20	conducted	conduct	VERB
ajfa-11761	147	21	suggests	suggest	VERB
ajfa-11761	147	22	that	that	SCONJ
ajfa-11761	147	23	moderate	moderate	ADJ
ajfa-11761	147	24	debt	debt	NOUN
ajfa-11761	147	25	taking	take	VERB
ajfa-11761	147	26	by	by	ADP
ajfa-11761	147	27	a	a	DET
ajfa-11761	147	28	firm	firm	NOUN
ajfa-11761	147	29	may	may	AUX
ajfa-11761	147	30	,	,	PUNCT
ajfa-11761	147	31	on	on	ADP
ajfa-11761	147	32	the	the	DET
ajfa-11761	147	33	margin	margin	NOUN
ajfa-11761	147	34	,	,	PUNCT
ajfa-11761	147	35	yield	yield	VERB
ajfa-11761	147	36	market	market	NOUN
ajfa-11761	147	37	share	share	NOUN
ajfa-11761	147	38	gains	gain	NOUN
ajfa-11761	147	39	.	.	PUNCT
ajfa-11761	148	1	after	after	ADP
ajfa-11761	148	2	some	some	DET
ajfa-11761	148	3	point	point	NOUN
ajfa-11761	148	4	though	though	ADV
ajfa-11761	148	5	,	,	PUNCT
ajfa-11761	148	6	additional	additional	ADJ
ajfa-11761	148	7	indebtedness	indebtedness	NOUN
ajfa-11761	148	8	leads	lead	VERB
ajfa-11761	148	9	to	to	ADP
ajfa-11761	148	10	significant	significant	ADJ
ajfa-11761	148	11	sales	sale	NOUN
ajfa-11761	148	12	underperformance	underperformance	NOUN
ajfa-11761	148	13	.	.	PUNCT
ajfa-11761	149	1	gleason	gleason	PROPN
ajfa-11761	149	2	et	et	PROPN
ajfa-11761	149	3	al	al	PROPN
ajfa-11761	149	4	.	.	PROPN
ajfa-11761	150	1	(	(	PUNCT
ajfa-11761	150	2	2000	2000	NUM
ajfa-11761	150	3	)	)	PUNCT
ajfa-11761	150	4	as	as	ADV
ajfa-11761	150	5	well	well	ADV
ajfa-11761	150	6	as	as	ADP
ajfa-11761	150	7	yazdanfar	yazdanfar	ADJ
ajfa-11761	150	8	and	and	CCONJ
ajfa-11761	150	9	öhman	öhman	NOUN
ajfa-11761	150	10	(	(	PUNCT
ajfa-11761	150	11	2015	2015	NUM
ajfa-11761	150	12	)	)	PUNCT
ajfa-11761	150	13	found	find	VERB
ajfa-11761	150	14	that	that	SCONJ
ajfa-11761	150	15	agency	agency	NOUN
ajfa-11761	150	16	conflicts	conflict	VERB
ajfa-11761	150	17	asian	asian	ADJ
ajfa-11761	150	18	journal	journal	NOUN
ajfa-11761	150	19	of	of	ADP
ajfa-11761	150	20	finance	finance	PROPN
ajfa-11761	150	21	&	&	CCONJ
ajfa-11761	150	22	accounting	accounting	PROPN
ajfa-11761	150	23	issn	issn	PROPN
ajfa-11761	150	24	1946	1946	NUM
ajfa-11761	150	25	-	-	PUNCT
ajfa-11761	150	26	052x	052x	PROPN
ajfa-11761	150	27	2017	2017	NUM
ajfa-11761	150	28	,	,	PUNCT
ajfa-11761	150	29	vol	vol	NOUN
ajfa-11761	150	30	.	.	NOUN
ajfa-11761	151	1	9	9	NUM
ajfa-11761	151	2	,	,	PUNCT
ajfa-11761	151	3	no	no	NOUN
ajfa-11761	151	4	.	.	NOUN
ajfa-11761	151	5	2	2	NUM
ajfa-11761	151	6	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	151	7	112	112	NUM
ajfa-11761	151	8	may	may	AUX
ajfa-11761	151	9	be	be	AUX
ajfa-11761	151	10	primarily	primarily	ADV
ajfa-11761	151	11	responsible	responsible	ADJ
ajfa-11761	151	12	for	for	ADP
ajfa-11761	151	13	overleveraging	overleveraging	NOUN
ajfa-11761	151	14	of	of	ADP
ajfa-11761	151	15	retailers	retailer	NOUN
ajfa-11761	151	16	,	,	PUNCT
ajfa-11761	151	17	resulting	result	VERB
ajfa-11761	151	18	in	in	ADP
ajfa-11761	151	19	a	a	DET
ajfa-11761	151	20	negative	negative	ADJ
ajfa-11761	151	21	relationship	relationship	NOUN
ajfa-11761	151	22	between	between	ADP
ajfa-11761	151	23	capital	capital	NOUN
ajfa-11761	151	24	structure	structure	NOUN
ajfa-11761	151	25	and	and	CCONJ
ajfa-11761	151	26	performance	performance	NOUN
ajfa-11761	151	27	.	.	PUNCT
ajfa-11761	152	1	on	on	ADP
ajfa-11761	152	2	that	that	DET
ajfa-11761	152	3	basis	basis	NOUN
ajfa-11761	152	4	,	,	PUNCT
ajfa-11761	152	5	the	the	DET
ajfa-11761	152	6	following	follow	VERB
ajfa-11761	152	7	hypothesis	hypothesis	NOUN
ajfa-11761	152	8	is	be	AUX
ajfa-11761	152	9	developed	develop	VERB
ajfa-11761	152	10	:	:	PUNCT
ajfa-11761	152	11	h1	h1	NOUN
ajfa-11761	152	12	:	:	PUNCT
ajfa-11761	152	13	debt	debt	NOUN
ajfa-11761	152	14	capital	capital	NOUN
ajfa-11761	152	15	has	have	VERB
ajfa-11761	152	16	a	a	DET
ajfa-11761	152	17	negative	negative	ADJ
ajfa-11761	152	18	impact	impact	NOUN
ajfa-11761	152	19	on	on	ADP
ajfa-11761	152	20	the	the	DET
ajfa-11761	152	21	financial	financial	ADJ
ajfa-11761	152	22	performance	performance	NOUN
ajfa-11761	152	23	of	of	ADP
ajfa-11761	152	24	the	the	DET
ajfa-11761	152	25	wholesale	wholesale	ADJ
ajfa-11761	152	26	and	and	CCONJ
ajfa-11761	152	27	retail	retail	ADJ
ajfa-11761	152	28	sector	sector	NOUN
ajfa-11761	152	29	companies	company	NOUN
ajfa-11761	152	30	in	in	ADP
ajfa-11761	152	31	south	south	PROPN
ajfa-11761	152	32	africa	africa	PROPN
ajfa-11761	152	33	and	and	CCONJ
ajfa-11761	152	34	sri	sri	PROPN
ajfa-11761	152	35	lanka	lanka	PROPN
ajfa-11761	152	36	.	.	PUNCT
ajfa-11761	153	1	h1.1	h1.1	NOUN
ajfa-11761	153	2	:	:	PUNCT
ajfa-11761	153	3	short	short	ADJ
ajfa-11761	153	4	-	-	PUNCT
ajfa-11761	153	5	term	term	NOUN
ajfa-11761	153	6	debt	debt	NOUN
ajfa-11761	153	7	has	have	VERB
ajfa-11761	153	8	a	a	DET
ajfa-11761	153	9	negative	negative	ADJ
ajfa-11761	153	10	impact	impact	NOUN
ajfa-11761	153	11	on	on	ADP
ajfa-11761	153	12	the	the	DET
ajfa-11761	153	13	financial	financial	ADJ
ajfa-11761	153	14	performance	performance	NOUN
ajfa-11761	153	15	of	of	ADP
ajfa-11761	153	16	the	the	DET
ajfa-11761	153	17	firm	firm	NOUN
ajfa-11761	153	18	.	.	PUNCT
ajfa-11761	154	1	h1.2	h1.2	ADJ
ajfa-11761	154	2	:	:	PUNCT
ajfa-11761	154	3	long	long	ADJ
ajfa-11761	154	4	-	-	PUNCT
ajfa-11761	154	5	term	term	NOUN
ajfa-11761	154	6	debt	debt	NOUN
ajfa-11761	154	7	has	have	VERB
ajfa-11761	154	8	a	a	DET
ajfa-11761	154	9	negative	negative	ADJ
ajfa-11761	154	10	impact	impact	NOUN
ajfa-11761	154	11	on	on	ADP
ajfa-11761	154	12	the	the	DET
ajfa-11761	154	13	financial	financial	ADJ
ajfa-11761	154	14	performance	performance	NOUN
ajfa-11761	154	15	of	of	ADP
ajfa-11761	154	16	the	the	DET
ajfa-11761	154	17	firm	firm	NOUN
ajfa-11761	154	18	.	.	PUNCT
ajfa-11761	155	1	there	there	PRON
ajfa-11761	155	2	are	be	VERB
ajfa-11761	155	3	other	other	ADJ
ajfa-11761	155	4	variables	variable	NOUN
ajfa-11761	155	5	which	which	PRON
ajfa-11761	155	6	are	be	AUX
ajfa-11761	155	7	going	go	VERB
ajfa-11761	155	8	to	to	PART
ajfa-11761	155	9	be	be	AUX
ajfa-11761	155	10	controlled	control	VERB
ajfa-11761	155	11	in	in	ADP
ajfa-11761	155	12	this	this	DET
ajfa-11761	155	13	study	study	NOUN
ajfa-11761	155	14	,	,	PUNCT
ajfa-11761	155	15	that	that	PRON
ajfa-11761	155	16	have	have	AUX
ajfa-11761	155	17	been	be	AUX
ajfa-11761	155	18	proven	prove	VERB
ajfa-11761	155	19	to	to	PART
ajfa-11761	155	20	have	have	VERB
ajfa-11761	155	21	an	an	DET
ajfa-11761	155	22	impact	impact	NOUN
ajfa-11761	155	23	on	on	ADP
ajfa-11761	155	24	the	the	DET
ajfa-11761	155	25	profitability	profitability	NOUN
ajfa-11761	155	26	or	or	CCONJ
ajfa-11761	155	27	financial	financial	ADJ
ajfa-11761	155	28	performance	performance	NOUN
ajfa-11761	155	29	of	of	ADP
ajfa-11761	155	30	the	the	DET
ajfa-11761	155	31	firm	firm	NOUN
ajfa-11761	155	32	,	,	PUNCT
ajfa-11761	155	33	such	such	ADJ
ajfa-11761	155	34	as	as	ADP
ajfa-11761	155	35	size	size	NOUN
ajfa-11761	155	36	and	and	CCONJ
ajfa-11761	155	37	age	age	NOUN
ajfa-11761	155	38	.	.	PUNCT
ajfa-11761	156	1	based	base	VERB
ajfa-11761	156	2	on	on	ADP
ajfa-11761	156	3	that	that	PRON
ajfa-11761	156	4	,	,	PUNCT
ajfa-11761	156	5	the	the	DET
ajfa-11761	156	6	second	second	ADJ
ajfa-11761	156	7	and	and	CCONJ
ajfa-11761	156	8	third	third	ADJ
ajfa-11761	156	9	hypotheses	hypothesis	NOUN
ajfa-11761	156	10	are	be	AUX
ajfa-11761	156	11	developed	develop	VERB
ajfa-11761	156	12	as	as	SCONJ
ajfa-11761	156	13	follows	follow	VERB
ajfa-11761	156	14	:	:	PUNCT
ajfa-11761	156	15	h2	h2	NOUN
ajfa-11761	156	16	:	:	PUNCT
ajfa-11761	156	17	firm	firm	ADJ
ajfa-11761	156	18	size	size	NOUN
ajfa-11761	156	19	has	have	VERB
ajfa-11761	156	20	a	a	DET
ajfa-11761	156	21	positive	positive	ADJ
ajfa-11761	156	22	impact	impact	NOUN
ajfa-11761	156	23	on	on	ADP
ajfa-11761	156	24	the	the	DET
ajfa-11761	156	25	financial	financial	ADJ
ajfa-11761	156	26	performance	performance	NOUN
ajfa-11761	156	27	of	of	ADP
ajfa-11761	156	28	the	the	DET
ajfa-11761	156	29	wholesale	wholesale	ADJ
ajfa-11761	156	30	and	and	CCONJ
ajfa-11761	156	31	retail	retail	ADJ
ajfa-11761	156	32	sector	sector	NOUN
ajfa-11761	156	33	companies	company	NOUN
ajfa-11761	156	34	in	in	ADP
ajfa-11761	156	35	south	south	PROPN
ajfa-11761	156	36	africa	africa	PROPN
ajfa-11761	156	37	and	and	CCONJ
ajfa-11761	156	38	sri	sri	PROPN
ajfa-11761	156	39	lanka	lanka	PROPN
ajfa-11761	156	40	.	.	PUNCT
ajfa-11761	157	1	h3	h3	NOUN
ajfa-11761	157	2	:	:	PUNCT
ajfa-11761	157	3	firm	firm	ADJ
ajfa-11761	157	4	age	age	NOUN
ajfa-11761	157	5	has	have	VERB
ajfa-11761	157	6	a	a	DET
ajfa-11761	157	7	positive	positive	ADJ
ajfa-11761	157	8	impact	impact	NOUN
ajfa-11761	157	9	on	on	ADP
ajfa-11761	157	10	the	the	DET
ajfa-11761	157	11	financial	financial	ADJ
ajfa-11761	157	12	performance	performance	NOUN
ajfa-11761	157	13	of	of	ADP
ajfa-11761	157	14	the	the	DET
ajfa-11761	157	15	wholesale	wholesale	ADJ
ajfa-11761	157	16	and	and	CCONJ
ajfa-11761	157	17	retail	retail	ADJ
ajfa-11761	157	18	sector	sector	NOUN
ajfa-11761	157	19	companies	company	NOUN
ajfa-11761	157	20	in	in	ADP
ajfa-11761	157	21	south	south	PROPN
ajfa-11761	157	22	africa	africa	PROPN
ajfa-11761	157	23	and	and	CCONJ
ajfa-11761	157	24	sri	sri	PROPN
ajfa-11761	157	25	lanka	lanka	PROPN
ajfa-11761	157	26	.	.	PUNCT
ajfa-11761	158	1	source	source	NOUN
ajfa-11761	158	2	:	:	PUNCT
ajfa-11761	158	3	developed	develop	VERB
ajfa-11761	158	4	by	by	ADP
ajfa-11761	158	5	author	author	NOUN
ajfa-11761	158	6	from	from	ADP
ajfa-11761	158	7	selective	selective	ADJ
ajfa-11761	158	8	review	review	NOUN
ajfa-11761	158	9	of	of	ADP
ajfa-11761	158	10	literature	literature	NOUN
ajfa-11761	158	11	debt	debt	NOUN
ajfa-11761	158	12	ratios	ratio	NOUN
ajfa-11761	158	13	,	,	PUNCT
ajfa-11761	158	14	in	in	ADP
ajfa-11761	158	15	terms	term	NOUN
ajfa-11761	158	16	of	of	ADP
ajfa-11761	158	17	short	short	ADJ
ajfa-11761	158	18	-	-	PUNCT
ajfa-11761	158	19	term	term	NOUN
ajfa-11761	158	20	debt	debt	NOUN
ajfa-11761	158	21	and	and	CCONJ
ajfa-11761	158	22	long	long	ADJ
ajfa-11761	158	23	-	-	PUNCT
ajfa-11761	158	24	term	term	NOUN
ajfa-11761	158	25	debt	debt	NOUN
ajfa-11761	158	26	are	be	AUX
ajfa-11761	158	27	expected	expect	VERB
ajfa-11761	158	28	to	to	PART
ajfa-11761	158	29	influence	influence	VERB
ajfa-11761	158	30	performance	performance	NOUN
ajfa-11761	158	31	of	of	ADP
ajfa-11761	158	32	the	the	DET
ajfa-11761	158	33	firm	firm	NOUN
ajfa-11761	158	34	in	in	ADP
ajfa-11761	158	35	terms	term	NOUN
ajfa-11761	158	36	of	of	ADP
ajfa-11761	158	37	profitability	profitability	NOUN
ajfa-11761	158	38	.	.	PUNCT
ajfa-11761	159	1	the	the	DET
ajfa-11761	159	2	literature	literature	NOUN
ajfa-11761	159	3	provides	provide	VERB
ajfa-11761	159	4	empirical	empirical	ADJ
ajfa-11761	159	5	evidence	evidence	NOUN
ajfa-11761	159	6	that	that	SCONJ
ajfa-11761	159	7	the	the	DET
ajfa-11761	159	8	outcome	outcome	NOUN
ajfa-11761	159	9	of	of	ADP
ajfa-11761	159	10	the	the	DET
ajfa-11761	159	11	impact	impact	NOUN
ajfa-11761	159	12	of	of	ADP
ajfa-11761	159	13	debt	debt	NOUN
ajfa-11761	159	14	financing	financing	NOUN
ajfa-11761	159	15	,	,	PUNCT
ajfa-11761	159	16	as	as	SCONJ
ajfa-11761	159	17	measured	measure	VERB
ajfa-11761	159	18	by	by	ADP
ajfa-11761	159	19	the	the	DET
ajfa-11761	159	20	debt	debt	NOUN
ajfa-11761	159	21	ratios	ratio	NOUN
ajfa-11761	159	22	,	,	PUNCT
ajfa-11761	159	23	on	on	ADP
ajfa-11761	159	24	firm	firm	ADJ
ajfa-11761	159	25	performance	performance	NOUN
ajfa-11761	159	26	,	,	PUNCT
ajfa-11761	159	27	depends	depend	VERB
ajfa-11761	159	28	entirely	entirely	ADV
ajfa-11761	159	29	on	on	ADP
ajfa-11761	159	30	the	the	DET
ajfa-11761	159	31	industry	industry	NOUN
ajfa-11761	159	32	in	in	ADP
ajfa-11761	159	33	which	which	PRON
ajfa-11761	159	34	the	the	DET
ajfa-11761	159	35	researched	research	VERB
ajfa-11761	159	36	firms	firm	NOUN
ajfa-11761	159	37	operate	operate	VERB
ajfa-11761	159	38	as	as	ADV
ajfa-11761	159	39	well	well	ADV
ajfa-11761	159	40	as	as	ADP
ajfa-11761	159	41	the	the	DET
ajfa-11761	159	42	region	region	NOUN
ajfa-11761	159	43	(	(	PUNCT
ajfa-11761	159	44	location	location	NOUN
ajfa-11761	159	45	)	)	PUNCT
ajfa-11761	159	46	in	in	ADP
ajfa-11761	159	47	which	which	PRON
ajfa-11761	159	48	they	they	PRON
ajfa-11761	159	49	are	be	AUX
ajfa-11761	159	50	based	base	VERB
ajfa-11761	159	51	.	.	PUNCT
ajfa-11761	160	1	the	the	DET
ajfa-11761	160	2	previous	previous	ADJ
ajfa-11761	160	3	studies	study	NOUN
ajfa-11761	160	4	show	show	VERB
ajfa-11761	160	5	mixed	mixed	ADJ
ajfa-11761	160	6	results	result	NOUN
ajfa-11761	160	7	with	with	ADP
ajfa-11761	160	8	some	some	PRON
ajfa-11761	160	9	(	(	PUNCT
ajfa-11761	160	10	mesquita	mesquita	PROPN
ajfa-11761	160	11	and	and	CCONJ
ajfa-11761	160	12	lara	lara	PROPN
ajfa-11761	160	13	,	,	PUNCT
ajfa-11761	160	14	2003	2003	NUM
ajfa-11761	160	15	;	;	PUNCT
ajfa-11761	160	16	abor	abor	NOUN
ajfa-11761	160	17	,	,	PUNCT
ajfa-11761	160	18	2005	2005	NUM
ajfa-11761	160	19	;	;	PUNCT
ajfa-11761	160	20	david	david	PROPN
ajfa-11761	160	21	&	&	CCONJ
ajfa-11761	160	22	olorunfemi	olorunfemi	PROPN
ajfa-11761	160	23	,	,	PUNCT
ajfa-11761	160	24	2010	2010	NUM
ajfa-11761	160	25	;	;	PUNCT
ajfa-11761	160	26	nimalathasan	nimalathasan	PROPN
ajfa-11761	160	27	and	and	CCONJ
ajfa-11761	160	28	brabete	brabete	ADJ
ajfa-11761	160	29	,	,	PUNCT
ajfa-11761	160	30	2010	2010	NUM
ajfa-11761	160	31	;	;	PUNCT
ajfa-11761	160	32	salim	salim	NOUN
ajfa-11761	160	33	and	and	CCONJ
ajfa-11761	160	34	yadav	yadav	PROPN
ajfa-11761	160	35	,	,	PUNCT
ajfa-11761	160	36	2012	2012	NUM
ajfa-11761	160	37	;	;	PUNCT
ajfa-11761	160	38	etc	etc	X
ajfa-11761	160	39	.	.	X
ajfa-11761	160	40	)	)	PUNCT
ajfa-11761	160	41	finding	find	VERB
ajfa-11761	160	42	positive	positive	ADJ
ajfa-11761	160	43	relationships	relationship	NOUN
ajfa-11761	160	44	(	(	PUNCT
ajfa-11761	160	45	impacts	impact	NOUN
ajfa-11761	160	46	)	)	PUNCT
ajfa-11761	160	47	short	short	ADJ
ajfa-11761	160	48	-	-	PUNCT
ajfa-11761	160	49	term	term	NOUN
ajfa-11761	160	50	debt	debt	NOUN
ajfa-11761	160	51	long	long	ADJ
ajfa-11761	160	52	-	-	PUNCT
ajfa-11761	160	53	term	term	NOUN
ajfa-11761	160	54	debt	debt	NOUN
ajfa-11761	160	55	firm	firm	NOUN
ajfa-11761	160	56	performance	performance	NOUN
ajfa-11761	160	57	size	size	NOUN
ajfa-11761	160	58	age	age	NOUN
ajfa-11761	160	59	asian	asian	PROPN
ajfa-11761	160	60	journal	journal	NOUN
ajfa-11761	160	61	of	of	ADP
ajfa-11761	160	62	finance	finance	PROPN
ajfa-11761	160	63	&	&	CCONJ
ajfa-11761	160	64	accounting	accounting	PROPN
ajfa-11761	160	65	issn	issn	PROPN
ajfa-11761	160	66	1946	1946	NUM
ajfa-11761	160	67	-	-	PUNCT
ajfa-11761	160	68	052x	052x	PROPN
ajfa-11761	160	69	2017	2017	NUM
ajfa-11761	160	70	,	,	PUNCT
ajfa-11761	160	71	vol	vol	NOUN
ajfa-11761	160	72	.	.	NOUN
ajfa-11761	160	73	9	9	NUM
ajfa-11761	160	74	,	,	PUNCT
ajfa-11761	160	75	no	no	NOUN
ajfa-11761	160	76	.	.	NOUN
ajfa-11761	160	77	2	2	NUM
ajfa-11761	160	78	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	160	79	113	113	NUM
ajfa-11761	160	80	while	while	SCONJ
ajfa-11761	160	81	others	other	NOUN
ajfa-11761	160	82	(	(	PUNCT
ajfa-11761	160	83	gleason	gleason	PROPN
ajfa-11761	160	84	et	et	PROPN
ajfa-11761	160	85	al	al	PROPN
ajfa-11761	160	86	.	.	PROPN
ajfa-11761	160	87	,	,	PUNCT
ajfa-11761	160	88	2000	2000	NUM
ajfa-11761	160	89	;	;	PUNCT
ajfa-11761	160	90	goddard	goddard	PROPN
ajfa-11761	160	91	et	et	PROPN
ajfa-11761	160	92	al	al	PROPN
ajfa-11761	160	93	.	.	PROPN
ajfa-11761	160	94	,	,	PUNCT
ajfa-11761	160	95	2005	2005	NUM
ajfa-11761	160	96	;	;	PUNCT
ajfa-11761	160	97	sadeghian	sadeghian	PROPN
ajfa-11761	160	98	et	et	PROPN
ajfa-11761	160	99	al	al	PROPN
ajfa-11761	160	100	.	.	PROPN
ajfa-11761	160	101	,	,	PUNCT
ajfa-11761	160	102	2012	2012	NUM
ajfa-11761	160	103	;	;	PUNCT
ajfa-11761	160	104	yazdanfar	yazdanfar	ADV
ajfa-11761	160	105	and	and	CCONJ
ajfa-11761	160	106	öhman	öhman	NOUN
ajfa-11761	160	107	,	,	PUNCT
ajfa-11761	160	108	2015	2015	NUM
ajfa-11761	160	109	;	;	PUNCT
ajfa-11761	160	110	etc	etc	X
ajfa-11761	160	111	.	.	X
ajfa-11761	160	112	)	)	PUNCT
ajfa-11761	160	113	are	be	AUX
ajfa-11761	160	114	showing	show	VERB
ajfa-11761	160	115	negative	negative	ADJ
ajfa-11761	160	116	results	result	NOUN
ajfa-11761	160	117	,	,	PUNCT
ajfa-11761	160	118	and	and	CCONJ
ajfa-11761	160	119	a	a	DET
ajfa-11761	160	120	few	few	ADJ
ajfa-11761	160	121	(	(	PUNCT
ajfa-11761	160	122	abu	abu	NOUN
ajfa-11761	160	123	-	-	PUNCT
ajfa-11761	160	124	tapanjeh	tapanjeh	PROPN
ajfa-11761	160	125	,	,	PUNCT
ajfa-11761	160	126	2006	2006	NUM
ajfa-11761	160	127	and	and	CCONJ
ajfa-11761	160	128	ebaid	ebaid	PROPN
ajfa-11761	160	129	,	,	PUNCT
ajfa-11761	160	130	2009	2009	NUM
ajfa-11761	160	131	)	)	PUNCT
ajfa-11761	160	132	finding	find	VERB
ajfa-11761	160	133	a	a	DET
ajfa-11761	160	134	weak	weak	ADJ
ajfa-11761	160	135	-	-	PUNCT
ajfa-11761	160	136	to	to	ADP
ajfa-11761	160	137	no	no	DET
ajfa-11761	160	138	-	-	PUNCT
ajfa-11761	160	139	impact	impact	NOUN
ajfa-11761	160	140	relationship	relationship	NOUN
ajfa-11761	160	141	.	.	PUNCT
ajfa-11761	161	1	abor	abor	NOUN
ajfa-11761	161	2	(	(	PUNCT
ajfa-11761	161	3	2007	2007	NUM
ajfa-11761	161	4	)	)	PUNCT
ajfa-11761	161	5	found	find	VERB
ajfa-11761	161	6	that	that	SCONJ
ajfa-11761	161	7	short	short	ADJ
ajfa-11761	161	8	-	-	PUNCT
ajfa-11761	161	9	term	term	NOUN
ajfa-11761	161	10	debt	debt	NOUN
ajfa-11761	161	11	has	have	VERB
ajfa-11761	161	12	a	a	DET
ajfa-11761	161	13	positive	positive	ADJ
ajfa-11761	161	14	influence	influence	NOUN
ajfa-11761	161	15	on	on	ADP
ajfa-11761	161	16	firm	firm	ADJ
ajfa-11761	161	17	performance	performance	NOUN
ajfa-11761	161	18	in	in	ADP
ajfa-11761	161	19	terms	term	NOUN
ajfa-11761	161	20	of	of	ADP
ajfa-11761	161	21	roa	roa	NOUN
ajfa-11761	161	22	,	,	PUNCT
ajfa-11761	161	23	while	while	SCONJ
ajfa-11761	161	24	long	long	ADJ
ajfa-11761	161	25	-	-	PUNCT
ajfa-11761	161	26	term	term	NOUN
ajfa-11761	161	27	debt	debt	NOUN
ajfa-11761	161	28	has	have	VERB
ajfa-11761	161	29	a	a	DET
ajfa-11761	161	30	negative	negative	ADJ
ajfa-11761	161	31	influence	influence	NOUN
ajfa-11761	161	32	.	.	PUNCT
ajfa-11761	162	1	based	base	VERB
ajfa-11761	162	2	on	on	ADP
ajfa-11761	162	3	the	the	DET
ajfa-11761	162	4	studies	study	NOUN
ajfa-11761	162	5	of	of	ADP
ajfa-11761	162	6	gleason	gleason	PROPN
ajfa-11761	162	7	et	et	PROPN
ajfa-11761	162	8	al	al	PROPN
ajfa-11761	162	9	.	.	PROPN
ajfa-11761	163	1	(	(	PUNCT
ajfa-11761	163	2	2000	2000	NUM
ajfa-11761	163	3	)	)	PUNCT
ajfa-11761	163	4	and	and	CCONJ
ajfa-11761	163	5	yazdanfar	yazdanfar	ADV
ajfa-11761	163	6	and	and	CCONJ
ajfa-11761	163	7	öhman	öhman	NOUN
ajfa-11761	163	8	(	(	PUNCT
ajfa-11761	163	9	2015	2015	NUM
ajfa-11761	163	10	)	)	PUNCT
ajfa-11761	163	11	,	,	PUNCT
ajfa-11761	163	12	which	which	PRON
ajfa-11761	163	13	have	have	AUX
ajfa-11761	163	14	analysed	analyse	VERB
ajfa-11761	163	15	the	the	DET
ajfa-11761	163	16	wholesale	wholesale	ADJ
ajfa-11761	163	17	and	and	CCONJ
ajfa-11761	163	18	retail	retail	ADJ
ajfa-11761	163	19	sector	sector	NOUN
ajfa-11761	163	20	among	among	ADP
ajfa-11761	163	21	others	other	NOUN
ajfa-11761	163	22	,	,	PUNCT
ajfa-11761	163	23	debt	debt	NOUN
ajfa-11761	163	24	ratios	ratio	NOUN
ajfa-11761	163	25	are	be	AUX
ajfa-11761	163	26	expected	expect	VERB
ajfa-11761	163	27	to	to	PART
ajfa-11761	163	28	have	have	VERB
ajfa-11761	163	29	a	a	DET
ajfa-11761	163	30	negative	negative	ADJ
ajfa-11761	163	31	impact	impact	NOUN
ajfa-11761	163	32	on	on	ADP
ajfa-11761	163	33	the	the	DET
ajfa-11761	163	34	financial	financial	ADJ
ajfa-11761	163	35	performance	performance	NOUN
ajfa-11761	163	36	of	of	ADP
ajfa-11761	163	37	the	the	DET
ajfa-11761	163	38	firm	firm	NOUN
ajfa-11761	163	39	.	.	PUNCT
ajfa-11761	164	1	theory	theory	NOUN
ajfa-11761	164	2	has	have	AUX
ajfa-11761	164	3	shown	show	VERB
ajfa-11761	164	4	that	that	DET
ajfa-11761	164	5	size	size	NOUN
ajfa-11761	164	6	has	have	VERB
ajfa-11761	164	7	a	a	DET
ajfa-11761	164	8	positive	positive	ADJ
ajfa-11761	164	9	impact	impact	NOUN
ajfa-11761	164	10	on	on	ADP
ajfa-11761	164	11	the	the	DET
ajfa-11761	164	12	financial	financial	ADJ
ajfa-11761	164	13	performance	performance	NOUN
ajfa-11761	164	14	of	of	ADP
ajfa-11761	164	15	the	the	DET
ajfa-11761	164	16	firm	firm	NOUN
ajfa-11761	164	17	as	as	SCONJ
ajfa-11761	164	18	the	the	DET
ajfa-11761	164	19	larger	large	ADJ
ajfa-11761	164	20	firms	firm	NOUN
ajfa-11761	164	21	achieve	achieve	VERB
ajfa-11761	164	22	and	and	CCONJ
ajfa-11761	164	23	make	make	VERB
ajfa-11761	164	24	good	good	ADJ
ajfa-11761	164	25	use	use	NOUN
ajfa-11761	164	26	of	of	ADP
ajfa-11761	164	27	the	the	DET
ajfa-11761	164	28	economies	economy	NOUN
ajfa-11761	164	29	of	of	ADP
ajfa-11761	164	30	scale	scale	NOUN
ajfa-11761	164	31	and	and	CCONJ
ajfa-11761	164	32	that	that	SCONJ
ajfa-11761	164	33	their	their	PRON
ajfa-11761	164	34	greatness	greatness	NOUN
ajfa-11761	164	35	allows	allow	VERB
ajfa-11761	164	36	them	they	PRON
ajfa-11761	164	37	to	to	PART
ajfa-11761	164	38	have	have	VERB
ajfa-11761	164	39	better	well	ADJ
ajfa-11761	164	40	abilities	ability	NOUN
ajfa-11761	164	41	to	to	PART
ajfa-11761	164	42	use	use	VERB
ajfa-11761	164	43	technology	technology	NOUN
ajfa-11761	164	44	in	in	ADP
ajfa-11761	164	45	order	order	NOUN
ajfa-11761	164	46	to	to	PART
ajfa-11761	164	47	achieve	achieve	VERB
ajfa-11761	164	48	larger	large	ADJ
ajfa-11761	164	49	market	market	NOUN
ajfa-11761	164	50	shares	share	NOUN
ajfa-11761	164	51	and	and	CCONJ
ajfa-11761	164	52	better	well	ADJ
ajfa-11761	164	53	diversification	diversification	NOUN
ajfa-11761	164	54	of	of	ADP
ajfa-11761	164	55	products	product	NOUN
ajfa-11761	164	56	,	,	PUNCT
ajfa-11761	164	57	and	and	CCONJ
ajfa-11761	164	58	thus	thus	ADV
ajfa-11761	164	59	profitability	profitability	NOUN
ajfa-11761	164	60	(	(	PUNCT
ajfa-11761	164	61	majumdar	majumdar	NOUN
ajfa-11761	164	62	and	and	CCONJ
ajfa-11761	164	63	chhibber	chhibber	PROPN
ajfa-11761	164	64	,	,	PUNCT
ajfa-11761	164	65	1999	1999	NUM
ajfa-11761	164	66	;	;	PUNCT
ajfa-11761	164	67	frank	frank	PROPN
ajfa-11761	164	68	and	and	CCONJ
ajfa-11761	164	69	goyal	goyal	PROPN
ajfa-11761	164	70	,	,	PUNCT
ajfa-11761	164	71	2003	2003	NUM
ajfa-11761	164	72	;)	;)	SYM
ajfa-11761	164	73	.	.	PUNCT
ajfa-11761	165	1	on	on	ADP
ajfa-11761	165	2	that	that	DET
ajfa-11761	165	3	note	note	NOUN
ajfa-11761	165	4	,	,	PUNCT
ajfa-11761	165	5	size	size	NOUN
ajfa-11761	165	6	of	of	ADP
ajfa-11761	165	7	the	the	DET
ajfa-11761	165	8	firm	firm	NOUN
ajfa-11761	165	9	is	be	AUX
ajfa-11761	165	10	expected	expect	VERB
ajfa-11761	165	11	to	to	PART
ajfa-11761	165	12	have	have	VERB
ajfa-11761	165	13	a	a	DET
ajfa-11761	165	14	positive	positive	ADJ
ajfa-11761	165	15	impact	impact	NOUN
ajfa-11761	165	16	on	on	ADP
ajfa-11761	165	17	the	the	DET
ajfa-11761	165	18	financial	financial	ADJ
ajfa-11761	165	19	performance	performance	NOUN
ajfa-11761	165	20	of	of	ADP
ajfa-11761	165	21	the	the	DET
ajfa-11761	165	22	firm	firm	NOUN
ajfa-11761	165	23	.	.	PUNCT
ajfa-11761	166	1	age	age	NOUN
ajfa-11761	166	2	of	of	ADP
ajfa-11761	166	3	the	the	DET
ajfa-11761	166	4	firm	firm	NOUN
ajfa-11761	166	5	is	be	AUX
ajfa-11761	166	6	another	another	DET
ajfa-11761	166	7	factor	factor	NOUN
ajfa-11761	166	8	that	that	PRON
ajfa-11761	166	9	has	have	AUX
ajfa-11761	166	10	been	be	AUX
ajfa-11761	166	11	suggested	suggest	VERB
ajfa-11761	166	12	as	as	ADP
ajfa-11761	166	13	a	a	DET
ajfa-11761	166	14	positive	positive	ADJ
ajfa-11761	166	15	influencer	influencer	NOUN
ajfa-11761	166	16	of	of	ADP
ajfa-11761	166	17	firm	firm	ADJ
ajfa-11761	166	18	performance	performance	NOUN
ajfa-11761	166	19	,	,	PUNCT
ajfa-11761	166	20	particularly	particularly	ADV
ajfa-11761	166	21	because	because	SCONJ
ajfa-11761	166	22	older	old	ADJ
ajfa-11761	166	23	firms	firm	NOUN
ajfa-11761	166	24	have	have	VERB
ajfa-11761	166	25	and	and	CCONJ
ajfa-11761	166	26	back	back	VERB
ajfa-11761	166	27	themselves	themselves	PRON
ajfa-11761	166	28	with	with	ADP
ajfa-11761	166	29	the	the	DET
ajfa-11761	166	30	vast	vast	ADJ
ajfa-11761	166	31	business	business	NOUN
ajfa-11761	166	32	experience	experience	NOUN
ajfa-11761	166	33	that	that	PRON
ajfa-11761	166	34	they	they	PRON
ajfa-11761	166	35	have	have	AUX
ajfa-11761	166	36	accumulated	accumulate	VERB
ajfa-11761	166	37	over	over	ADP
ajfa-11761	166	38	the	the	DET
ajfa-11761	166	39	years	year	NOUN
ajfa-11761	166	40	.	.	PUNCT
ajfa-11761	167	1	older	old	ADJ
ajfa-11761	167	2	firms	firm	NOUN
ajfa-11761	167	3	can	can	AUX
ajfa-11761	167	4	easily	easily	ADV
ajfa-11761	167	5	avoid	avoid	VERB
ajfa-11761	167	6	that	that	DET
ajfa-11761	167	7	type	type	NOUN
ajfa-11761	167	8	of	of	ADP
ajfa-11761	167	9	liability	liability	NOUN
ajfa-11761	167	10	due	due	ADP
ajfa-11761	167	11	to	to	ADP
ajfa-11761	167	12	their	their	PRON
ajfa-11761	167	13	experience	experience	NOUN
ajfa-11761	167	14	and	and	CCONJ
ajfa-11761	167	15	familiarity	familiarity	NOUN
ajfa-11761	167	16	in	in	ADP
ajfa-11761	167	17	the	the	DET
ajfa-11761	167	18	market	market	NOUN
ajfa-11761	167	19	.	.	PUNCT
ajfa-11761	168	1	hence	hence	ADV
ajfa-11761	168	2	it	it	PRON
ajfa-11761	168	3	is	be	AUX
ajfa-11761	168	4	said	say	VERB
ajfa-11761	168	5	that	that	SCONJ
ajfa-11761	168	6	they	they	PRON
ajfa-11761	168	7	(	(	PUNCT
ajfa-11761	168	8	older	old	ADJ
ajfa-11761	168	9	firms	firm	NOUN
ajfa-11761	168	10	)	)	PUNCT
ajfa-11761	168	11	achieve	achieve	VERB
ajfa-11761	168	12	experience	experience	NOUN
ajfa-11761	168	13	-	-	PUNCT
ajfa-11761	168	14	based	base	VERB
ajfa-11761	168	15	economies	economy	NOUN
ajfa-11761	168	16	as	as	ADP
ajfa-11761	168	17	a	a	DET
ajfa-11761	168	18	result	result	NOUN
ajfa-11761	168	19	of	of	ADP
ajfa-11761	168	20	their	their	PRON
ajfa-11761	168	21	experience	experience	NOUN
ajfa-11761	168	22	which	which	PRON
ajfa-11761	168	23	has	have	AUX
ajfa-11761	168	24	proven	prove	VERB
ajfa-11761	168	25	to	to	PART
ajfa-11761	168	26	be	be	AUX
ajfa-11761	168	27	an	an	DET
ajfa-11761	168	28	added	add	VERB
ajfa-11761	168	29	advantage	advantage	NOUN
ajfa-11761	168	30	for	for	ADP
ajfa-11761	168	31	them	they	PRON
ajfa-11761	168	32	.	.	PUNCT
ajfa-11761	169	1	majumdar	majumdar	PROPN
ajfa-11761	169	2	and	and	CCONJ
ajfa-11761	169	3	chhibber	chhibber	PROPN
ajfa-11761	169	4	(	(	PUNCT
ajfa-11761	169	5	1999	1999	NUM
ajfa-11761	169	6	)	)	PUNCT
ajfa-11761	169	7	built	build	VERB
ajfa-11761	169	8	on	on	ADP
ajfa-11761	169	9	(	(	PUNCT
ajfa-11761	169	10	supported	support	VERB
ajfa-11761	169	11	)	)	PUNCT
ajfa-11761	169	12	that	that	SCONJ
ajfa-11761	169	13	notion	notion	NOUN
ajfa-11761	169	14	and	and	CCONJ
ajfa-11761	169	15	added	add	VERB
ajfa-11761	169	16	that	that	SCONJ
ajfa-11761	169	17	the	the	DET
ajfa-11761	169	18	learning	learning	NOUN
ajfa-11761	169	19	and	and	CCONJ
ajfa-11761	169	20	business	business	NOUN
ajfa-11761	169	21	experience	experience	NOUN
ajfa-11761	169	22	of	of	ADP
ajfa-11761	169	23	older	old	ADJ
ajfa-11761	169	24	firms	firm	NOUN
ajfa-11761	169	25	will	will	AUX
ajfa-11761	169	26	enable	enable	VERB
ajfa-11761	169	27	them	they	PRON
ajfa-11761	169	28	to	to	PART
ajfa-11761	169	29	gain	gain	VERB
ajfa-11761	169	30	economic	economic	ADJ
ajfa-11761	169	31	advantage	advantage	NOUN
ajfa-11761	169	32	,	,	PUNCT
ajfa-11761	169	33	and	and	CCONJ
ajfa-11761	169	34	to	to	PART
ajfa-11761	169	35	have	have	VERB
ajfa-11761	169	36	access	access	NOUN
ajfa-11761	169	37	to	to	ADP
ajfa-11761	169	38	more	more	ADJ
ajfa-11761	169	39	resources	resource	NOUN
ajfa-11761	169	40	and	and	CCONJ
ajfa-11761	169	41	reputation	reputation	NOUN
ajfa-11761	169	42	effects	effect	NOUN
ajfa-11761	169	43	.	.	PUNCT
ajfa-11761	170	1	this	this	PRON
ajfa-11761	170	2	generates	generate	VERB
ajfa-11761	170	3	opportunities	opportunity	NOUN
ajfa-11761	170	4	for	for	ADP
ajfa-11761	170	5	better	well	ADJ
ajfa-11761	170	6	performance	performance	NOUN
ajfa-11761	170	7	,	,	PUNCT
ajfa-11761	170	8	and	and	CCONJ
ajfa-11761	170	9	this	this	DET
ajfa-11761	170	10	assertion	assertion	NOUN
ajfa-11761	170	11	was	be	AUX
ajfa-11761	170	12	backed	back	VERB
ajfa-11761	170	13	by	by	ADP
ajfa-11761	170	14	cabral	cabral	PROPN
ajfa-11761	170	15	and	and	CCONJ
ajfa-11761	170	16	mata	mata	PROPN
ajfa-11761	170	17	(	(	PUNCT
ajfa-11761	170	18	2003	2003	NUM
ajfa-11761	170	19	)	)	PUNCT
ajfa-11761	170	20	.	.	PUNCT
ajfa-11761	171	1	on	on	ADP
ajfa-11761	171	2	that	that	DET
ajfa-11761	171	3	note	note	NOUN
ajfa-11761	171	4	,	,	PUNCT
ajfa-11761	171	5	firm	firm	ADJ
ajfa-11761	171	6	age	age	NOUN
ajfa-11761	171	7	is	be	AUX
ajfa-11761	171	8	also	also	ADV
ajfa-11761	171	9	expected	expect	VERB
ajfa-11761	171	10	to	to	PART
ajfa-11761	171	11	have	have	VERB
ajfa-11761	171	12	a	a	DET
ajfa-11761	171	13	positive	positive	ADJ
ajfa-11761	171	14	impact	impact	NOUN
ajfa-11761	171	15	on	on	ADP
ajfa-11761	171	16	the	the	DET
ajfa-11761	171	17	financial	financial	ADJ
ajfa-11761	171	18	performance	performance	NOUN
ajfa-11761	171	19	of	of	ADP
ajfa-11761	171	20	the	the	DET
ajfa-11761	171	21	firm	firm	NOUN
ajfa-11761	171	22	.	.	PUNCT
ajfa-11761	172	1	the	the	DET
ajfa-11761	172	2	population	population	NOUN
ajfa-11761	172	3	of	of	ADP
ajfa-11761	172	4	this	this	DET
ajfa-11761	172	5	study	study	NOUN
ajfa-11761	172	6	is	be	AUX
ajfa-11761	172	7	defined	define	VERB
ajfa-11761	172	8	in	in	ADP
ajfa-11761	172	9	terms	term	NOUN
ajfa-11761	172	10	of	of	ADP
ajfa-11761	172	11	the	the	DET
ajfa-11761	172	12	number	number	NOUN
ajfa-11761	172	13	of	of	ADP
ajfa-11761	172	14	the	the	DET
ajfa-11761	172	15	publicly	publicly	ADV
ajfa-11761	172	16	listed	list	VERB
ajfa-11761	172	17	companies	company	NOUN
ajfa-11761	172	18	in	in	ADP
ajfa-11761	172	19	the	the	DET
ajfa-11761	172	20	wholesale	wholesale	ADJ
ajfa-11761	172	21	and	and	CCONJ
ajfa-11761	172	22	retail	retail	ADJ
ajfa-11761	172	23	sector	sector	NOUN
ajfa-11761	172	24	as	as	SCONJ
ajfa-11761	172	25	stipulated	stipulate	VERB
ajfa-11761	172	26	by	by	ADP
ajfa-11761	172	27	the	the	DET
ajfa-11761	172	28	johannesburg	johannesburg	PROPN
ajfa-11761	172	29	stock	stock	PROPN
ajfa-11761	172	30	exchange	exchange	PROPN
ajfa-11761	172	31	(	(	PUNCT
ajfa-11761	172	32	jse	jse	PROPN
ajfa-11761	172	33	)	)	PUNCT
ajfa-11761	172	34	as	as	ADV
ajfa-11761	172	35	well	well	ADV
ajfa-11761	172	36	as	as	ADP
ajfa-11761	172	37	colombo	colombo	NOUN
ajfa-11761	172	38	stock	stock	NOUN
ajfa-11761	172	39	exchange	exchange	NOUN
ajfa-11761	172	40	(	(	PUNCT
ajfa-11761	172	41	cse	cse	PROPN
ajfa-11761	172	42	)	)	PUNCT
ajfa-11761	172	43	.	.	PUNCT
ajfa-11761	173	1	according	accord	VERB
ajfa-11761	173	2	to	to	ADP
ajfa-11761	173	3	jse	jse	PROPN
ajfa-11761	173	4	data	data	PROPN
ajfa-11761	173	5	,	,	PUNCT
ajfa-11761	173	6	there	there	PRON
ajfa-11761	173	7	are	be	VERB
ajfa-11761	173	8	47	47	NUM
ajfa-11761	173	9	publicly	publicly	ADV
ajfa-11761	173	10	listed	list	VERB
ajfa-11761	173	11	companies	company	NOUN
ajfa-11761	173	12	operating	operate	VERB
ajfa-11761	173	13	in	in	ADP
ajfa-11761	173	14	the	the	DET
ajfa-11761	173	15	wholesale	wholesale	ADJ
ajfa-11761	173	16	and	and	CCONJ
ajfa-11761	173	17	retail	retail	ADJ
ajfa-11761	173	18	sector	sector	NOUN
ajfa-11761	173	19	.	.	PUNCT
ajfa-11761	174	1	cse	cse	NOUN
ajfa-11761	174	2	has	have	AUX
ajfa-11761	174	3	just	just	ADV
ajfa-11761	174	4	recently	recently	ADV
ajfa-11761	174	5	adopted	adopt	VERB
ajfa-11761	174	6	the	the	DET
ajfa-11761	174	7	global	global	ADJ
ajfa-11761	174	8	industry	industry	NOUN
ajfa-11761	174	9	classification	classification	NOUN
ajfa-11761	174	10	standard	standard	NOUN
ajfa-11761	174	11	(	(	PUNCT
ajfa-11761	174	12	gics	gic	NOUN
ajfa-11761	174	13	)	)	PUNCT
ajfa-11761	174	14	which	which	PRON
ajfa-11761	174	15	was	be	AUX
ajfa-11761	174	16	developed	develop	VERB
ajfa-11761	174	17	by	by	ADP
ajfa-11761	174	18	morgan	morgan	PROPN
ajfa-11761	174	19	stanley	stanley	PROPN
ajfa-11761	174	20	capital	capital	PROPN
ajfa-11761	174	21	international	international	PROPN
ajfa-11761	174	22	(	(	PUNCT
ajfa-11761	174	23	msci	msci	PROPN
ajfa-11761	174	24	)	)	PUNCT
ajfa-11761	174	25	.	.	PUNCT
ajfa-11761	175	1	according	accord	VERB
ajfa-11761	175	2	to	to	ADP
ajfa-11761	175	3	the	the	DET
ajfa-11761	175	4	gics	gic	NOUN
ajfa-11761	175	5	sector	sector	NOUN
ajfa-11761	175	6	classification	classification	NOUN
ajfa-11761	175	7	at	at	ADP
ajfa-11761	175	8	cse	cse	PROPN
ajfa-11761	175	9	,	,	PUNCT
ajfa-11761	175	10	there	there	PRON
ajfa-11761	175	11	are	be	VERB
ajfa-11761	175	12	12	12	NUM
ajfa-11761	175	13	companies	company	NOUN
ajfa-11761	175	14	in	in	ADP
ajfa-11761	175	15	the	the	DET
ajfa-11761	175	16	consumer	consumer	NOUN
ajfa-11761	175	17	discretionary	discretionary	ADJ
ajfa-11761	175	18	sector	sector	NOUN
ajfa-11761	175	19	which	which	PRON
ajfa-11761	175	20	are	be	AUX
ajfa-11761	175	21	classified	classify	VERB
ajfa-11761	175	22	under	under	ADP
ajfa-11761	175	23	the	the	DET
ajfa-11761	175	24	retailing	retailing	NOUN
ajfa-11761	175	25	industry	industry	NOUN
ajfa-11761	175	26	group	group	NOUN
ajfa-11761	175	27	.	.	PUNCT
ajfa-11761	176	1	there	there	PRON
ajfa-11761	176	2	are	be	VERB
ajfa-11761	176	3	4	4	NUM
ajfa-11761	176	4	more	more	ADJ
ajfa-11761	176	5	companies	company	NOUN
ajfa-11761	176	6	classified	classify	VERB
ajfa-11761	176	7	to	to	PART
ajfa-11761	176	8	be	be	AUX
ajfa-11761	176	9	operating	operate	VERB
ajfa-11761	176	10	in	in	ADP
ajfa-11761	176	11	the	the	DET
ajfa-11761	176	12	food	food	NOUN
ajfa-11761	176	13	&	&	CCONJ
ajfa-11761	176	14	staples	staples	PROPN
ajfa-11761	176	15	retailing	retailing	NOUN
ajfa-11761	176	16	industry	industry	NOUN
ajfa-11761	176	17	group	group	NOUN
ajfa-11761	176	18	,	,	PUNCT
ajfa-11761	176	19	which	which	PRON
ajfa-11761	176	20	fall	fall	VERB
ajfa-11761	176	21	under	under	ADP
ajfa-11761	176	22	the	the	DET
ajfa-11761	176	23	consumer	consumer	NOUN
ajfa-11761	176	24	staples	staple	NOUN
ajfa-11761	176	25	sector	sector	NOUN
ajfa-11761	176	26	.	.	PUNCT
ajfa-11761	177	1	the	the	DET
ajfa-11761	177	2	total	total	ADJ
ajfa-11761	177	3	population	population	NOUN
ajfa-11761	177	4	of	of	ADP
ajfa-11761	177	5	data	datum	NOUN
ajfa-11761	177	6	collected	collect	VERB
ajfa-11761	177	7	from	from	ADP
ajfa-11761	177	8	cse	cse	PROPN
ajfa-11761	177	9	was	be	AUX
ajfa-11761	177	10	16	16	NUM
ajfa-11761	177	11	companies	company	NOUN
ajfa-11761	177	12	,	,	PUNCT
ajfa-11761	177	13	and	and	CCONJ
ajfa-11761	177	14	they	they	PRON
ajfa-11761	177	15	were	be	AUX
ajfa-11761	177	16	all	all	ADV
ajfa-11761	177	17	considered	consider	VERB
ajfa-11761	177	18	for	for	ADP
ajfa-11761	177	19	this	this	DET
ajfa-11761	177	20	research	research	NOUN
ajfa-11761	177	21	as	as	SCONJ
ajfa-11761	177	22	they	they	PRON
ajfa-11761	177	23	met	meet	VERB
ajfa-11761	177	24	the	the	DET
ajfa-11761	177	25	criteria	criterion	NOUN
ajfa-11761	177	26	for	for	ADP
ajfa-11761	177	27	selection	selection	NOUN
ajfa-11761	177	28	in	in	ADP
ajfa-11761	177	29	this	this	DET
ajfa-11761	177	30	study	study	NOUN
ajfa-11761	177	31	.	.	PUNCT
ajfa-11761	178	1	data	datum	NOUN
ajfa-11761	178	2	were	be	AUX
ajfa-11761	178	3	collected	collect	VERB
ajfa-11761	178	4	from	from	ADP
ajfa-11761	178	5	the	the	DET
ajfa-11761	178	6	listed	list	VERB
ajfa-11761	178	7	companies	company	NOUN
ajfa-11761	178	8	on	on	ADP
ajfa-11761	178	9	the	the	DET
ajfa-11761	178	10	jse	jse	PROPN
ajfa-11761	178	11	as	as	ADV
ajfa-11761	178	12	well	well	ADV
ajfa-11761	178	13	as	as	ADP
ajfa-11761	178	14	cse	cse	NOUN
ajfa-11761	178	15	for	for	ADP
ajfa-11761	178	16	2011	2011	NUM
ajfa-11761	178	17	-	-	SYM
ajfa-11761	178	18	2015	2015	NUM
ajfa-11761	178	19	periods	period	NOUN
ajfa-11761	178	20	.	.	PUNCT
ajfa-11761	179	1	the	the	DET
ajfa-11761	179	2	analysis	analysis	NOUN
ajfa-11761	179	3	is	be	AUX
ajfa-11761	179	4	based	base	VERB
ajfa-11761	179	5	on	on	ADP
ajfa-11761	179	6	25	25	NUM
ajfa-11761	179	7	publicly	publicly	ADV
ajfa-11761	179	8	listed	list	VERB
ajfa-11761	179	9	firms	firm	NOUN
ajfa-11761	179	10	in	in	ADP
ajfa-11761	179	11	the	the	DET
ajfa-11761	179	12	wholesale	wholesale	ADJ
ajfa-11761	179	13	and	and	CCONJ
ajfa-11761	179	14	retail	retail	ADJ
ajfa-11761	179	15	sector	sector	NOUN
ajfa-11761	179	16	from	from	ADP
ajfa-11761	179	17	south	south	PROPN
ajfa-11761	179	18	africa	africa	PROPN
ajfa-11761	179	19	and	and	CCONJ
ajfa-11761	179	20	16	16	NUM
ajfa-11761	179	21	from	from	ADP
ajfa-11761	179	22	sri	sri	PROPN
ajfa-11761	179	23	lanka	lanka	PROPN
ajfa-11761	179	24	.	.	PUNCT
ajfa-11761	180	1	using	use	VERB
ajfa-11761	180	2	data	datum	NOUN
ajfa-11761	180	3	from	from	ADP
ajfa-11761	180	4	2011	2011	NUM
ajfa-11761	180	5	to	to	ADP
ajfa-11761	180	6	2015	2015	NUM
ajfa-11761	180	7	period	period	NOUN
ajfa-11761	180	8	is	be	AUX
ajfa-11761	180	9	considered	consider	VERB
ajfa-11761	180	10	reasonable	reasonable	ADJ
ajfa-11761	180	11	as	as	SCONJ
ajfa-11761	180	12	it	it	PRON
ajfa-11761	180	13	is	be	AUX
ajfa-11761	180	14	recent	recent	ADJ
ajfa-11761	180	15	and	and	CCONJ
ajfa-11761	180	16	shows	show	VERB
ajfa-11761	180	17	relevance	relevance	NOUN
ajfa-11761	180	18	to	to	ADP
ajfa-11761	180	19	this	this	DET
ajfa-11761	180	20	study	study	NOUN
ajfa-11761	180	21	,	,	PUNCT
ajfa-11761	180	22	and	and	CCONJ
ajfa-11761	180	23	most	most	ADV
ajfa-11761	180	24	importantly	importantly	ADV
ajfa-11761	180	25	to	to	ADP
ajfa-11761	180	26	the	the	DET
ajfa-11761	180	27	firms	firm	NOUN
ajfa-11761	180	28	operating	operate	VERB
ajfa-11761	180	29	in	in	ADP
ajfa-11761	180	30	the	the	DET
ajfa-11761	180	31	researched	research	VERB
ajfa-11761	180	32	sector	sector	NOUN
ajfa-11761	180	33	.	.	PUNCT
ajfa-11761	181	1	asian	asian	ADJ
ajfa-11761	181	2	journal	journal	PROPN
ajfa-11761	181	3	of	of	ADP
ajfa-11761	181	4	finance	finance	PROPN
ajfa-11761	181	5	&	&	CCONJ
ajfa-11761	181	6	accounting	accounting	PROPN
ajfa-11761	181	7	issn	issn	PROPN
ajfa-11761	181	8	1946	1946	NUM
ajfa-11761	181	9	-	-	PUNCT
ajfa-11761	181	10	052x	052x	PROPN
ajfa-11761	181	11	2017	2017	NUM
ajfa-11761	181	12	,	,	PUNCT
ajfa-11761	181	13	vol	vol	NOUN
ajfa-11761	181	14	.	.	NOUN
ajfa-11761	181	15	9	9	NUM
ajfa-11761	181	16	,	,	PUNCT
ajfa-11761	182	1	no	no	NOUN
ajfa-11761	182	2	.	.	NOUN
ajfa-11761	182	3	2	2	NUM
ajfa-11761	182	4	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	182	5	114	114	NUM
ajfa-11761	182	6	another	another	DET
ajfa-11761	182	7	reason	reason	NOUN
ajfa-11761	182	8	is	be	AUX
ajfa-11761	182	9	that	that	SCONJ
ajfa-11761	182	10	this	this	PRON
ajfa-11761	182	11	was	be	AUX
ajfa-11761	182	12	a	a	DET
ajfa-11761	182	13	period	period	NOUN
ajfa-11761	182	14	during	during	ADP
ajfa-11761	182	15	which	which	PRON
ajfa-11761	182	16	the	the	DET
ajfa-11761	182	17	companies	company	NOUN
ajfa-11761	182	18	had	have	AUX
ajfa-11761	182	19	just	just	ADV
ajfa-11761	182	20	come	come	VERB
ajfa-11761	182	21	out	out	ADP
ajfa-11761	182	22	of	of	ADP
ajfa-11761	182	23	the	the	DET
ajfa-11761	182	24	recovery	recovery	NOUN
ajfa-11761	182	25	phase	phase	NOUN
ajfa-11761	182	26	following	follow	VERB
ajfa-11761	182	27	the	the	DET
ajfa-11761	182	28	global	global	ADJ
ajfa-11761	182	29	recession	recession	NOUN
ajfa-11761	182	30	in	in	ADP
ajfa-11761	182	31	2008	2008	NUM
ajfa-11761	182	32	-	-	SYM
ajfa-11761	182	33	09	09	NUM
ajfa-11761	182	34	;	;	PUNCT
ajfa-11761	182	35	and	and	CCONJ
ajfa-11761	182	36	in	in	ADP
ajfa-11761	182	37	the	the	DET
ajfa-11761	182	38	case	case	NOUN
ajfa-11761	182	39	of	of	ADP
ajfa-11761	182	40	sri	sri	PROPN
ajfa-11761	182	41	lanka	lanka	PROPN
ajfa-11761	182	42	,	,	PUNCT
ajfa-11761	182	43	this	this	DET
ajfa-11761	182	44	period	period	NOUN
ajfa-11761	182	45	followed	follow	VERB
ajfa-11761	182	46	the	the	DET
ajfa-11761	182	47	recovery	recovery	NOUN
ajfa-11761	182	48	phase	phase	NOUN
ajfa-11761	182	49	that	that	PRON
ajfa-11761	182	50	took	take	VERB
ajfa-11761	182	51	place	place	NOUN
ajfa-11761	182	52	after	after	ADP
ajfa-11761	182	53	the	the	DET
ajfa-11761	182	54	end	end	NOUN
ajfa-11761	182	55	of	of	ADP
ajfa-11761	182	56	the	the	DET
ajfa-11761	182	57	civil	civil	ADJ
ajfa-11761	182	58	war	war	NOUN
ajfa-11761	182	59	in	in	ADP
ajfa-11761	182	60	2009	2009	NUM
ajfa-11761	182	61	.	.	PUNCT
ajfa-11761	183	1	the	the	DET
ajfa-11761	183	2	relationship	relationship	NOUN
ajfa-11761	183	3	between	between	ADP
ajfa-11761	183	4	debt	debt	NOUN
ajfa-11761	183	5	capital	capital	NOUN
ajfa-11761	183	6	and	and	CCONJ
ajfa-11761	183	7	firm	firm	ADJ
ajfa-11761	183	8	performance	performance	NOUN
ajfa-11761	183	9	as	as	ADV
ajfa-11761	183	10	well	well	ADV
ajfa-11761	183	11	as	as	ADP
ajfa-11761	183	12	the	the	DET
ajfa-11761	183	13	impact	impact	NOUN
ajfa-11761	183	14	thereof	thereof	ADV
ajfa-11761	183	15	was	be	AUX
ajfa-11761	183	16	tested	test	VERB
ajfa-11761	183	17	by	by	ADP
ajfa-11761	183	18	the	the	DET
ajfa-11761	183	19	following	follow	VERB
ajfa-11761	183	20	regression	regression	NOUN
ajfa-11761	183	21	models	model	NOUN
ajfa-11761	183	22	:	:	PUNCT
ajfa-11761	183	23	,	,	PUNCT
ajfa-11761	183	24	=	=	PUNCT
ajfa-11761	184	1	+	+	PUNCT
ajfa-11761	184	2	,	,	PUNCT
ajfa-11761	184	3	+	+	CCONJ
ajfa-11761	184	4	,	,	PUNCT
ajfa-11761	184	5	+	+	CCONJ
ajfa-11761	184	6	,	,	PUNCT
ajfa-11761	184	7	+	+	CCONJ
ajfa-11761	184	8	,	,	PUNCT
ajfa-11761	184	9	+	+	CCONJ
ajfa-11761	184	10	,	,	PUNCT
ajfa-11761	184	11	,	,	PUNCT
ajfa-11761	184	12	=	=	PUNCT
ajfa-11761	185	1	+	+	CCONJ
ajfa-11761	185	2	,	,	PUNCT
ajfa-11761	185	3	+	+	CCONJ
ajfa-11761	185	4	,	,	PUNCT
ajfa-11761	185	5	+	+	CCONJ
ajfa-11761	185	6	,	,	PUNCT
ajfa-11761	185	7	+	+	CCONJ
ajfa-11761	185	8	,	,	PUNCT
ajfa-11761	185	9	+	+	CCONJ
ajfa-11761	185	10	,	,	PUNCT
ajfa-11761	185	11	where	where	SCONJ
ajfa-11761	185	12	:	:	PUNCT
ajfa-11761	185	13	,	,	PUNCT
ajfa-11761	185	14	=	=	SYM
ajfa-11761	185	15	short	short	ADJ
ajfa-11761	185	16	term	term	NOUN
ajfa-11761	185	17	debt	debt	NOUN
ajfa-11761	185	18	to	to	ADP
ajfa-11761	185	19	total	total	ADJ
ajfa-11761	185	20	assets	asset	NOUN
ajfa-11761	185	21	for	for	ADP
ajfa-11761	185	22	firm	firm	ADJ
ajfa-11761	185	23	i	i	PRON
ajfa-11761	185	24	in	in	ADP
ajfa-11761	185	25	year	year	NOUN
ajfa-11761	185	26	t	t	PROPN
ajfa-11761	185	27	;	;	PUNCT
ajfa-11761	185	28	,	,	PUNCT
ajfa-11761	185	29	=	=	SYM
ajfa-11761	185	30	long	long	ADJ
ajfa-11761	185	31	term	term	NOUN
ajfa-11761	185	32	debt	debt	NOUN
ajfa-11761	185	33	to	to	ADP
ajfa-11761	185	34	total	total	ADJ
ajfa-11761	185	35	assets	asset	NOUN
ajfa-11761	185	36	for	for	ADP
ajfa-11761	185	37	firm	firm	ADJ
ajfa-11761	185	38	i	i	PRON
ajfa-11761	185	39	in	in	ADP
ajfa-11761	185	40	year	year	NOUN
ajfa-11761	185	41	t	t	PROPN
ajfa-11761	185	42	;	;	PUNCT
ajfa-11761	185	43	,	,	PUNCT
ajfa-11761	185	44	=	=	PUNCT
ajfa-11761	185	45	logarithm	logarithm	NOUN
ajfa-11761	185	46	of	of	ADP
ajfa-11761	185	47	sales	sale	NOUN
ajfa-11761	185	48	for	for	ADP
ajfa-11761	185	49	firm	firm	ADJ
ajfa-11761	185	50	i	i	PRON
ajfa-11761	185	51	in	in	ADP
ajfa-11761	185	52	year	year	NOUN
ajfa-11761	185	53	t	t	PROPN
ajfa-11761	185	54	;	;	PUNCT
ajfa-11761	185	55	,	,	PUNCT
ajfa-11761	185	56	=	=	SYM
ajfa-11761	185	57	age	age	NOUN
ajfa-11761	185	58	of	of	ADP
ajfa-11761	185	59	firm	firm	NOUN
ajfa-11761	185	60	i	i	PRON
ajfa-11761	185	61	at	at	ADP
ajfa-11761	185	62	time	time	NOUN
ajfa-11761	185	63	t	t	PROPN
ajfa-11761	185	64	,	,	PUNCT
ajfa-11761	185	65	measured	measure	VERB
ajfa-11761	185	66	as	as	ADP
ajfa-11761	185	67	the	the	DET
ajfa-11761	185	68	natural	natural	ADJ
ajfa-11761	185	69	logarithm	logarithm	NOUN
ajfa-11761	185	70	of	of	ADP
ajfa-11761	185	71	thenumber	thenumber	NOUN
ajfa-11761	185	72	of	of	ADP
ajfa-11761	185	73	years	year	NOUN
ajfa-11761	185	74	since	since	SCONJ
ajfa-11761	185	75	firm	firm	ADJ
ajfa-11761	185	76	inception	inception	NOUN
ajfa-11761	185	77	,	,	PUNCT
ajfa-11761	185	78	as	as	ADP
ajfa-11761	185	79	of	of	ADP
ajfa-11761	185	80	the	the	DET
ajfa-11761	185	81	year	year	NOUN
ajfa-11761	185	82	of	of	ADP
ajfa-11761	185	83	data	data	NOUN
ajfa-11761	185	84	collection	collection	NOUN
ajfa-11761	185	85	;	;	PUNCT
ajfa-11761	185	86	and	and	CCONJ
ajfa-11761	185	87	,	,	PUNCT
ajfa-11761	185	88	=	=	NOUN
ajfa-11761	185	89	error	error	NOUN
ajfa-11761	185	90	term	term	NOUN
ajfa-11761	185	91	.	.	PUNCT
ajfa-11761	186	1	4.data	4.data	NUM
ajfa-11761	186	2	analysis	analysis	NOUN
ajfa-11761	186	3	and	and	CCONJ
ajfa-11761	186	4	discussion	discussion	NOUN
ajfa-11761	186	5	4.1	4.1	NUM
ajfa-11761	186	6	analysis	analysis	NOUN
ajfa-11761	186	7	of	of	ADP
ajfa-11761	186	8	south	south	PROPN
ajfa-11761	186	9	africa	africa	PROPN
ajfa-11761	186	10	’s	’s	PART
ajfa-11761	186	11	dataset	dataset	VERB
ajfa-11761	186	12	this	this	DET
ajfa-11761	186	13	section	section	NOUN
ajfa-11761	186	14	starts	start	VERB
ajfa-11761	186	15	by	by	ADP
ajfa-11761	186	16	presenting	present	VERB
ajfa-11761	186	17	the	the	DET
ajfa-11761	186	18	results	result	NOUN
ajfa-11761	186	19	of	of	ADP
ajfa-11761	186	20	the	the	DET
ajfa-11761	186	21	descriptive	descriptive	ADJ
ajfa-11761	186	22	statistics	statistic	NOUN
ajfa-11761	186	23	in	in	ADP
ajfa-11761	186	24	4.2.1	4.2.1	NUM
ajfa-11761	186	25	,	,	PUNCT
ajfa-11761	186	26	4.2.2	4.2.2	NUM
ajfa-11761	186	27	presents	present	VERB
ajfa-11761	186	28	the	the	DET
ajfa-11761	186	29	correlation	correlation	NOUN
ajfa-11761	186	30	analysis	analysis	NOUN
ajfa-11761	186	31	.	.	PUNCT
ajfa-11761	187	1	4.2.3	4.2.3	PROPN
ajfa-11761	187	2	presents	present	VERB
ajfa-11761	187	3	and	and	CCONJ
ajfa-11761	187	4	discusses	discuss	VERB
ajfa-11761	187	5	results	result	NOUN
ajfa-11761	187	6	of	of	ADP
ajfa-11761	187	7	the	the	DET
ajfa-11761	187	8	fixed	fix	VERB
ajfa-11761	187	9	-	-	PUNCT
ajfa-11761	187	10	effects	effect	NOUN
ajfa-11761	187	11	(	(	PUNCT
ajfa-11761	187	12	within	within	ADP
ajfa-11761	187	13	)	)	PUNCT
ajfa-11761	187	14	regression	regression	NOUN
ajfa-11761	187	15	model	model	NOUN
ajfa-11761	187	16	.	.	PUNCT
ajfa-11761	188	1	table	table	NOUN
ajfa-11761	188	2	4.1	4.1	NUM
ajfa-11761	188	3	below	below	ADV
ajfa-11761	188	4	shows	show	VERB
ajfa-11761	188	5	the	the	DET
ajfa-11761	188	6	summary	summary	NOUN
ajfa-11761	188	7	of	of	ADP
ajfa-11761	188	8	the	the	DET
ajfa-11761	188	9	descriptive	descriptive	ADJ
ajfa-11761	188	10	statistics	statistic	NOUN
ajfa-11761	188	11	.	.	PUNCT
ajfa-11761	189	1	the	the	DET
ajfa-11761	189	2	most	most	ADV
ajfa-11761	189	3	important	important	ADJ
ajfa-11761	189	4	measure	measure	NOUN
ajfa-11761	189	5	that	that	PRON
ajfa-11761	189	6	shows	show	VERB
ajfa-11761	189	7	the	the	DET
ajfa-11761	189	8	balance	balance	NOUN
ajfa-11761	189	9	point	point	NOUN
ajfa-11761	189	10	and	and	CCONJ
ajfa-11761	189	11	is	be	AUX
ajfa-11761	189	12	the	the	DET
ajfa-11761	189	13	exertion	exertion	NOUN
ajfa-11761	189	14	center	center	NOUN
ajfa-11761	189	15	of	of	ADP
ajfa-11761	189	16	distribution	distribution	NOUN
ajfa-11761	189	17	is	be	AUX
ajfa-11761	189	18	arithmetic	arithmetic	ADJ
ajfa-11761	189	19	mean	mean	NOUN
ajfa-11761	189	20	(	(	PUNCT
ajfa-11761	189	21	sadeghian	sadeghian	PROPN
ajfa-11761	189	22	et	et	PROPN
ajfa-11761	189	23	al	al	PROPN
ajfa-11761	189	24	.	.	PROPN
ajfa-11761	189	25	,	,	PUNCT
ajfa-11761	189	26	2012	2012	NUM
ajfa-11761	189	27	)	)	PUNCT
ajfa-11761	189	28	.	.	PUNCT
ajfa-11761	190	1	the	the	DET
ajfa-11761	190	2	sampled	sample	VERB
ajfa-11761	190	3	companies	company	NOUN
ajfa-11761	190	4	are	be	AUX
ajfa-11761	190	5	characterized	characterize	VERB
ajfa-11761	190	6	by	by	ADP
ajfa-11761	190	7	an	an	DET
ajfa-11761	190	8	average	average	ADJ
ajfa-11761	190	9	age	age	NOUN
ajfa-11761	190	10	of	of	ADP
ajfa-11761	190	11	just	just	ADV
ajfa-11761	190	12	above	above	ADP
ajfa-11761	190	13	63	63	NUM
ajfa-11761	190	14	years	year	NOUN
ajfa-11761	190	15	.	.	PUNCT
ajfa-11761	191	1	the	the	DET
ajfa-11761	191	2	mean	mean	ADJ
ajfa-11761	191	3	age	age	NOUN
ajfa-11761	191	4	show	show	VERB
ajfa-11761	191	5	that	that	SCONJ
ajfa-11761	191	6	these	these	DET
ajfa-11761	191	7	companies	company	NOUN
ajfa-11761	191	8	have	have	AUX
ajfa-11761	191	9	been	be	AUX
ajfa-11761	191	10	in	in	ADP
ajfa-11761	191	11	business	business	NOUN
ajfa-11761	191	12	for	for	ADP
ajfa-11761	191	13	long	long	ADV
ajfa-11761	191	14	and	and	CCONJ
ajfa-11761	191	15	are	be	AUX
ajfa-11761	191	16	generally	generally	ADV
ajfa-11761	191	17	well	well	ADV
ajfa-11761	191	18	established	establish	VERB
ajfa-11761	191	19	.	.	PUNCT
ajfa-11761	192	1	the	the	DET
ajfa-11761	192	2	mean	mean	ADJ
ajfa-11761	192	3	value	value	NOUN
ajfa-11761	192	4	for	for	ADP
ajfa-11761	192	5	company	company	NOUN
ajfa-11761	192	6	size	size	NOUN
ajfa-11761	192	7	is	be	AUX
ajfa-11761	192	8	9.8	9.8	NUM
ajfa-11761	192	9	.	.	PUNCT
ajfa-11761	193	1	the	the	DET
ajfa-11761	193	2	mean	mean	ADJ
ajfa-11761	193	3	values	value	NOUN
ajfa-11761	193	4	of	of	ADP
ajfa-11761	193	5	both	both	DET
ajfa-11761	193	6	company	company	NOUN
ajfa-11761	193	7	size	size	NOUN
ajfa-11761	193	8	and	and	CCONJ
ajfa-11761	193	9	age	age	NOUN
ajfa-11761	193	10	indicate	indicate	VERB
ajfa-11761	193	11	that	that	SCONJ
ajfa-11761	193	12	the	the	DET
ajfa-11761	193	13	sampled	sample	VERB
ajfa-11761	193	14	companies	company	NOUN
ajfa-11761	193	15	are	be	AUX
ajfa-11761	193	16	fairly	fairly	ADV
ajfa-11761	193	17	large	large	ADJ
ajfa-11761	193	18	and	and	CCONJ
ajfa-11761	193	19	have	have	AUX
ajfa-11761	193	20	reached	reach	VERB
ajfa-11761	193	21	a	a	DET
ajfa-11761	193	22	significant	significant	ADJ
ajfa-11761	193	23	scale	scale	NOUN
ajfa-11761	193	24	of	of	ADP
ajfa-11761	193	25	operations	operation	NOUN
ajfa-11761	193	26	.	.	PUNCT
ajfa-11761	194	1	the	the	DET
ajfa-11761	194	2	roa	roa	NOUN
ajfa-11761	194	3	and	and	CCONJ
ajfa-11761	194	4	ros	ros	PROPN
ajfa-11761	194	5	reveal	reveal	VERB
ajfa-11761	194	6	that	that	SCONJ
ajfa-11761	194	7	companies	company	NOUN
ajfa-11761	194	8	operating	operate	VERB
ajfa-11761	194	9	in	in	ADP
ajfa-11761	194	10	this	this	DET
ajfa-11761	194	11	sector	sector	NOUN
ajfa-11761	194	12	achieve	achieve	VERB
ajfa-11761	194	13	modest	modest	ADJ
ajfa-11761	194	14	profitability	profitability	NOUN
ajfa-11761	194	15	,	,	PUNCT
ajfa-11761	194	16	with	with	ADP
ajfa-11761	194	17	mean	mean	ADJ
ajfa-11761	194	18	profitability	profitability	NOUN
ajfa-11761	194	19	of	of	ADP
ajfa-11761	194	20	8.85	8.85	NUM
ajfa-11761	194	21	%	%	NOUN
ajfa-11761	194	22	and	and	CCONJ
ajfa-11761	194	23	5.52	5.52	NUM
ajfa-11761	194	24	%	%	NOUN
ajfa-11761	194	25	for	for	ADP
ajfa-11761	194	26	roa	roa	NOUN
ajfa-11761	194	27	and	and	CCONJ
ajfa-11761	194	28	ros	ros	PROPN
ajfa-11761	194	29	respectively	respectively	ADV
ajfa-11761	194	30	.	.	PUNCT
ajfa-11761	195	1	the	the	DET
ajfa-11761	195	2	descriptive	descriptive	ADJ
ajfa-11761	195	3	statistics	statistic	NOUN
ajfa-11761	195	4	indicate	indicate	VERB
ajfa-11761	195	5	that	that	DET
ajfa-11761	195	6	profitability	profitability	NOUN
ajfa-11761	195	7	of	of	ADP
ajfa-11761	195	8	the	the	DET
ajfa-11761	195	9	sampled	sample	VERB
ajfa-11761	195	10	firms	firm	NOUN
ajfa-11761	195	11	(	(	PUNCT
ajfa-11761	195	12	as	as	SCONJ
ajfa-11761	195	13	measured	measure	VERB
ajfa-11761	195	14	by	by	ADP
ajfa-11761	195	15	roa	roa	PROPN
ajfa-11761	195	16	and	and	CCONJ
ajfa-11761	195	17	ros	ros	PROPN
ajfa-11761	195	18	)	)	PUNCT
ajfa-11761	195	19	as	as	ADV
ajfa-11761	195	20	well	well	ADV
ajfa-11761	195	21	as	as	ADP
ajfa-11761	195	22	long	long	ADJ
ajfa-11761	195	23	-	-	PUNCT
ajfa-11761	195	24	term	term	NOUN
ajfa-11761	195	25	debt	debt	NOUN
ajfa-11761	195	26	are	be	AUX
ajfa-11761	195	27	highly	highly	ADV
ajfa-11761	195	28	volatile	volatile	ADJ
ajfa-11761	195	29	,	,	PUNCT
ajfa-11761	195	30	as	as	SCONJ
ajfa-11761	195	31	the	the	DET
ajfa-11761	195	32	standard	standard	ADJ
ajfa-11761	195	33	deviations	deviation	NOUN
ajfa-11761	195	34	of	of	ADP
ajfa-11761	195	35	these	these	DET
ajfa-11761	195	36	variables	variable	NOUN
ajfa-11761	195	37	are	be	AUX
ajfa-11761	195	38	greater	great	ADJ
ajfa-11761	195	39	than	than	ADP
ajfa-11761	195	40	their	their	PRON
ajfa-11761	195	41	mean	mean	ADJ
ajfa-11761	195	42	values	value	NOUN
ajfa-11761	195	43	.	.	PUNCT
ajfa-11761	196	1	however	however	ADV
ajfa-11761	196	2	,	,	PUNCT
ajfa-11761	196	3	levels	level	NOUN
ajfa-11761	196	4	of	of	ADP
ajfa-11761	196	5	short	short	ADJ
ajfa-11761	196	6	-	-	PUNCT
ajfa-11761	196	7	term	term	NOUN
ajfa-11761	196	8	debt	debt	NOUN
ajfa-11761	196	9	,	,	PUNCT
ajfa-11761	196	10	size	size	NOUN
ajfa-11761	196	11	and	and	CCONJ
ajfa-11761	196	12	age	age	NOUN
ajfa-11761	196	13	indicate	indicate	VERB
ajfa-11761	196	14	that	that	SCONJ
ajfa-11761	196	15	they	they	PRON
ajfa-11761	196	16	are	be	AUX
ajfa-11761	196	17	less	less	ADV
ajfa-11761	196	18	volatile	volatile	ADJ
ajfa-11761	196	19	,	,	PUNCT
ajfa-11761	196	20	and	and	CCONJ
ajfa-11761	196	21	thereby	thereby	ADV
ajfa-11761	196	22	showing	show	VERB
ajfa-11761	196	23	the	the	DET
ajfa-11761	196	24	quality	quality	NOUN
ajfa-11761	196	25	of	of	ADP
ajfa-11761	196	26	being	be	AUX
ajfa-11761	196	27	similar	similar	ADJ
ajfa-11761	196	28	or	or	CCONJ
ajfa-11761	196	29	comparable	comparable	ADJ
ajfa-11761	196	30	in	in	ADP
ajfa-11761	196	31	nature	nature	NOUN
ajfa-11761	196	32	(	(	PUNCT
ajfa-11761	196	33	homogeneousness	homogeneousness	NOUN
ajfa-11761	196	34	)	)	PUNCT
ajfa-11761	196	35	of	of	ADP
ajfa-11761	196	36	the	the	DET
ajfa-11761	196	37	sampled	sample	VERB
ajfa-11761	196	38	companies	company	NOUN
ajfa-11761	196	39	.	.	PUNCT
ajfa-11761	197	1	as	as	SCONJ
ajfa-11761	197	2	shown	show	VERB
ajfa-11761	197	3	in	in	ADP
ajfa-11761	197	4	the	the	DET
ajfa-11761	197	5	descriptive	descriptive	ADJ
ajfa-11761	197	6	statistics	statistic	NOUN
ajfa-11761	197	7	table	table	NOUN
ajfa-11761	197	8	below	below	ADV
ajfa-11761	197	9	,	,	PUNCT
ajfa-11761	197	10	37	37	NUM
ajfa-11761	197	11	%	%	NOUN
ajfa-11761	197	12	of	of	ADP
ajfa-11761	197	13	total	total	ADJ
ajfa-11761	197	14	assets	asset	NOUN
ajfa-11761	197	15	of	of	ADP
ajfa-11761	197	16	the	the	DET
ajfa-11761	197	17	sampled	sample	VERB
ajfa-11761	197	18	companies	company	NOUN
ajfa-11761	197	19	were	be	AUX
ajfa-11761	197	20	on	on	ADP
ajfa-11761	197	21	average	average	ADJ
ajfa-11761	197	22	financed	finance	VERB
ajfa-11761	197	23	using	use	VERB
ajfa-11761	197	24	short	short	ADJ
ajfa-11761	197	25	-	-	PUNCT
ajfa-11761	197	26	term	term	NOUN
ajfa-11761	197	27	debt	debt	NOUN
ajfa-11761	197	28	,	,	PUNCT
ajfa-11761	197	29	while	while	SCONJ
ajfa-11761	197	30	long	long	ADJ
ajfa-11761	197	31	-	-	PUNCT
ajfa-11761	197	32	term	term	NOUN
ajfa-11761	197	33	debt	debt	NOUN
ajfa-11761	197	34	was	be	AUX
ajfa-11761	197	35	used	use	VERB
ajfa-11761	197	36	as	as	ADP
ajfa-11761	197	37	a	a	DET
ajfa-11761	197	38	means	means	NOUN
ajfa-11761	197	39	of	of	ADP
ajfa-11761	197	40	financing	financing	NOUN
ajfa-11761	197	41	for	for	ADP
ajfa-11761	197	42	approximately	approximately	ADV
ajfa-11761	197	43	15	15	NUM
ajfa-11761	197	44	%	%	NOUN
ajfa-11761	197	45	of	of	ADP
ajfa-11761	197	46	the	the	DET
ajfa-11761	197	47	total	total	ADJ
ajfa-11761	197	48	assets	asset	NOUN
ajfa-11761	197	49	.	.	PUNCT
ajfa-11761	198	1	this	this	PRON
ajfa-11761	198	2	means	mean	VERB
ajfa-11761	198	3	that	that	SCONJ
ajfa-11761	198	4	just	just	ADV
ajfa-11761	198	5	about	about	ADP
ajfa-11761	198	6	asian	asian	ADJ
ajfa-11761	198	7	journal	journal	NOUN
ajfa-11761	198	8	of	of	ADP
ajfa-11761	198	9	finance	finance	PROPN
ajfa-11761	198	10	&	&	CCONJ
ajfa-11761	198	11	accounting	accounting	PROPN
ajfa-11761	198	12	issn	issn	PROPN
ajfa-11761	198	13	1946	1946	NUM
ajfa-11761	198	14	-	-	PUNCT
ajfa-11761	198	15	052x	052x	PROPN
ajfa-11761	198	16	2017	2017	NUM
ajfa-11761	198	17	,	,	PUNCT
ajfa-11761	198	18	vol	vol	NOUN
ajfa-11761	198	19	.	.	NOUN
ajfa-11761	198	20	9	9	NUM
ajfa-11761	198	21	,	,	PUNCT
ajfa-11761	198	22	no	no	INTJ
ajfa-11761	198	23	.	.	NOUN
ajfa-11761	198	24	2	2	NUM
ajfa-11761	198	25	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	198	26	115	115	NUM
ajfa-11761	198	27	52	52	NUM
ajfa-11761	198	28	%	%	NOUN
ajfa-11761	198	29	of	of	ADP
ajfa-11761	198	30	the	the	DET
ajfa-11761	198	31	total	total	ADJ
ajfa-11761	198	32	assets	asset	NOUN
ajfa-11761	198	33	in	in	ADP
ajfa-11761	198	34	the	the	DET
ajfa-11761	198	35	sampled	sample	VERB
ajfa-11761	198	36	companies	company	NOUN
ajfa-11761	198	37	are	be	AUX
ajfa-11761	198	38	financed	finance	VERB
ajfa-11761	198	39	by	by	ADP
ajfa-11761	198	40	debt	debt	NOUN
ajfa-11761	198	41	,	,	PUNCT
ajfa-11761	198	42	and	and	CCONJ
ajfa-11761	198	43	thereby	thereby	ADV
ajfa-11761	198	44	revealing	reveal	VERB
ajfa-11761	198	45	that	that	SCONJ
ajfa-11761	198	46	companies	company	NOUN
ajfa-11761	198	47	in	in	ADP
ajfa-11761	198	48	this	this	DET
ajfa-11761	198	49	sector	sector	NOUN
ajfa-11761	198	50	generally	generally	ADV
ajfa-11761	198	51	use	use	VERB
ajfa-11761	198	52	internal	internal	ADJ
ajfa-11761	198	53	financial	financial	ADJ
ajfa-11761	198	54	sources	source	NOUN
ajfa-11761	198	55	(	(	PUNCT
ajfa-11761	198	56	i.e.	i.e.	X
ajfa-11761	198	57	equity	equity	NOUN
ajfa-11761	198	58	capital	capital	NOUN
ajfa-11761	198	59	and	and	CCONJ
ajfa-11761	198	60	retained	retain	VERB
ajfa-11761	198	61	earnings	earning	NOUN
ajfa-11761	198	62	)	)	PUNCT
ajfa-11761	198	63	to	to	PART
ajfa-11761	198	64	finance	finance	VERB
ajfa-11761	198	65	around	around	ADV
ajfa-11761	198	66	48	48	NUM
ajfa-11761	198	67	%	%	NOUN
ajfa-11761	198	68	of	of	ADP
ajfa-11761	198	69	the	the	DET
ajfa-11761	198	70	total	total	ADJ
ajfa-11761	198	71	assets	asset	NOUN
ajfa-11761	198	72	.	.	PUNCT
ajfa-11761	199	1	the	the	DET
ajfa-11761	199	2	proportion	proportion	NOUN
ajfa-11761	199	3	between	between	ADP
ajfa-11761	199	4	debt	debt	NOUN
ajfa-11761	199	5	use	use	NOUN
ajfa-11761	199	6	and	and	CCONJ
ajfa-11761	199	7	equity	equity	NOUN
ajfa-11761	199	8	use	use	NOUN
ajfa-11761	199	9	is	be	AUX
ajfa-11761	199	10	not	not	PART
ajfa-11761	199	11	much	much	ADJ
ajfa-11761	199	12	(	(	PUNCT
ajfa-11761	199	13	approximately	approximately	ADV
ajfa-11761	199	14	4	4	NUM
ajfa-11761	199	15	%	%	NOUN
ajfa-11761	199	16	)	)	PUNCT
ajfa-11761	199	17	,	,	PUNCT
ajfa-11761	199	18	and	and	CCONJ
ajfa-11761	199	19	that	that	PRON
ajfa-11761	199	20	indicates	indicate	VERB
ajfa-11761	199	21	the	the	DET
ajfa-11761	199	22	balance	balance	NOUN
ajfa-11761	199	23	of	of	ADP
ajfa-11761	199	24	financing	financing	NOUN
ajfa-11761	199	25	options	option	NOUN
ajfa-11761	199	26	maintained	maintain	VERB
ajfa-11761	199	27	when	when	SCONJ
ajfa-11761	199	28	using	use	VERB
ajfa-11761	199	29	these	these	DET
ajfa-11761	199	30	two	two	NUM
ajfa-11761	199	31	components	component	NOUN
ajfa-11761	199	32	of	of	ADP
ajfa-11761	199	33	the	the	DET
ajfa-11761	199	34	capital	capital	NOUN
ajfa-11761	199	35	structure	structure	NOUN
ajfa-11761	199	36	by	by	ADP
ajfa-11761	199	37	companies	company	NOUN
ajfa-11761	199	38	in	in	ADP
ajfa-11761	199	39	the	the	DET
ajfa-11761	199	40	wholesale	wholesale	ADJ
ajfa-11761	199	41	and	and	CCONJ
ajfa-11761	199	42	retail	retail	ADJ
ajfa-11761	199	43	sector	sector	NOUN
ajfa-11761	199	44	,	,	PUNCT
ajfa-11761	199	45	with	with	ADP
ajfa-11761	199	46	slight	slight	ADJ
ajfa-11761	199	47	preference	preference	NOUN
ajfa-11761	199	48	to	to	ADP
ajfa-11761	199	49	debt	debt	NOUN
ajfa-11761	199	50	over	over	ADP
ajfa-11761	199	51	equity	equity	NOUN
ajfa-11761	199	52	.	.	PUNCT
ajfa-11761	200	1	companies	company	NOUN
ajfa-11761	200	2	in	in	ADP
ajfa-11761	200	3	this	this	DET
ajfa-11761	200	4	sector	sector	NOUN
ajfa-11761	200	5	seem	seem	VERB
ajfa-11761	200	6	to	to	PART
ajfa-11761	200	7	prefer	prefer	VERB
ajfa-11761	200	8	short	short	ADJ
ajfa-11761	200	9	-	-	PUNCT
ajfa-11761	200	10	term	term	NOUN
ajfa-11761	200	11	debt	debt	NOUN
ajfa-11761	200	12	as	as	ADP
ajfa-11761	200	13	their	their	PRON
ajfa-11761	200	14	external	external	ADJ
ajfa-11761	200	15	source	source	NOUN
ajfa-11761	200	16	of	of	ADP
ajfa-11761	200	17	financing	financing	NOUN
ajfa-11761	200	18	.	.	PUNCT
ajfa-11761	201	1	they	they	PRON
ajfa-11761	201	2	use	use	VERB
ajfa-11761	201	3	long	long	ADJ
ajfa-11761	201	4	-	-	PUNCT
ajfa-11761	201	5	term	term	NOUN
ajfa-11761	201	6	debt	debt	NOUN
ajfa-11761	201	7	less	less	ADV
ajfa-11761	201	8	often	often	ADV
ajfa-11761	201	9	or	or	CCONJ
ajfa-11761	201	10	minimally	minimally	ADV
ajfa-11761	201	11	.	.	PUNCT
ajfa-11761	202	1	the	the	DET
ajfa-11761	202	2	reason	reason	NOUN
ajfa-11761	202	3	for	for	ADP
ajfa-11761	202	4	this	this	PRON
ajfa-11761	202	5	was	be	AUX
ajfa-11761	202	6	better	well	ADV
ajfa-11761	202	7	explained	explain	VERB
ajfa-11761	202	8	by	by	ADP
ajfa-11761	202	9	yazdanfar	yazdanfar	ADJ
ajfa-11761	202	10	and	and	CCONJ
ajfa-11761	202	11	öhman	öhman	NOUN
ajfa-11761	202	12	(	(	PUNCT
ajfa-11761	202	13	2015	2015	NUM
ajfa-11761	202	14	)	)	PUNCT
ajfa-11761	202	15	when	when	SCONJ
ajfa-11761	202	16	the	the	DET
ajfa-11761	202	17	researchers	researcher	NOUN
ajfa-11761	202	18	indicated	indicate	VERB
ajfa-11761	202	19	that	that	SCONJ
ajfa-11761	202	20	‘	'	PUNCT
ajfa-11761	202	21	financial	financial	ADJ
ajfa-11761	202	22	institutions	institution	NOUN
ajfa-11761	202	23	such	such	ADJ
ajfa-11761	202	24	as	as	ADP
ajfa-11761	202	25	banks	bank	NOUN
ajfa-11761	202	26	usually	usually	ADV
ajfa-11761	202	27	agree	agree	VERB
ajfa-11761	202	28	to	to	PART
ajfa-11761	202	29	issue	issue	VERB
ajfa-11761	202	30	short	short	ADJ
ajfa-11761	202	31	-	-	PUNCT
ajfa-11761	202	32	term	term	NOUN
ajfa-11761	202	33	debt	debt	NOUN
ajfa-11761	202	34	,	,	PUNCT
ajfa-11761	202	35	because	because	SCONJ
ajfa-11761	202	36	it	it	PRON
ajfa-11761	202	37	can	can	AUX
ajfa-11761	202	38	be	be	AUX
ajfa-11761	202	39	cancelled	cancel	VERB
ajfa-11761	202	40	on	on	ADP
ajfa-11761	202	41	short	short	ADJ
ajfa-11761	202	42	notice	notice	NOUN
ajfa-11761	202	43	.	.	PUNCT
ajfa-11761	203	1	therefore	therefore	ADV
ajfa-11761	203	2	,	,	PUNCT
ajfa-11761	203	3	firms	firm	NOUN
ajfa-11761	203	4	can	can	AUX
ajfa-11761	203	5	use	use	VERB
ajfa-11761	203	6	short	short	ADJ
ajfa-11761	203	7	-	-	PUNCT
ajfa-11761	203	8	term	term	NOUN
ajfa-11761	203	9	debt	debt	NOUN
ajfa-11761	203	10	as	as	ADP
ajfa-11761	203	11	an	an	DET
ajfa-11761	203	12	additional	additional	ADJ
ajfa-11761	203	13	funding	funding	NOUN
ajfa-11761	203	14	source	source	NOUN
ajfa-11761	203	15	to	to	PART
ajfa-11761	203	16	increase	increase	VERB
ajfa-11761	203	17	internal	internal	ADJ
ajfa-11761	203	18	sources	source	NOUN
ajfa-11761	203	19	of	of	ADP
ajfa-11761	203	20	capital	capital	NOUN
ajfa-11761	203	21	.	.	PUNCT
ajfa-11761	203	22	’	'	PUNCT
ajfa-11761	204	1	the	the	DET
ajfa-11761	204	2	mean	mean	ADJ
ajfa-11761	204	3	values	value	NOUN
ajfa-11761	204	4	of	of	ADP
ajfa-11761	204	5	all	all	DET
ajfa-11761	204	6	the	the	DET
ajfa-11761	204	7	variables	variable	NOUN
ajfa-11761	204	8	are	be	AUX
ajfa-11761	204	9	significant	significant	ADJ
ajfa-11761	204	10	at	at	ADP
ajfa-11761	204	11	5	5	NUM
ajfa-11761	204	12	percent	percent	NOUN
ajfa-11761	204	13	level	level	NOUN
ajfa-11761	204	14	.	.	PUNCT
ajfa-11761	205	1	table	table	NOUN
ajfa-11761	205	2	4.1	4.1	NUM
ajfa-11761	205	3	.	.	PUNCT
ajfa-11761	206	1	descriptive	descriptive	ADJ
ajfa-11761	206	2	statistics	statistic	NOUN
ajfa-11761	206	3	for	for	ADP
ajfa-11761	206	4	the	the	DET
ajfa-11761	206	5	dependent	dependent	ADJ
ajfa-11761	206	6	and	and	CCONJ
ajfa-11761	206	7	independent	independent	ADJ
ajfa-11761	206	8	variables	variable	NOUN
ajfa-11761	206	9	variable	variable	ADJ
ajfa-11761	206	10	mean	mean	VERB
ajfa-11761	206	11	std	std	PROPN
ajfa-11761	206	12	.	.	PROPN
ajfa-11761	206	13	dev	dev	PROPN
ajfa-11761	206	14	.	.	PUNCT
ajfa-11761	207	1	min	min	PROPN
ajfa-11761	207	2	max	max	PROPN
ajfa-11761	207	3	observatio	observatio	PROPN
ajfa-11761	207	4	roa	roa	PROPN
ajfa-11761	207	5	overall	overall	ADJ
ajfa-11761	207	6	0.0885	0.0885	NUM
ajfa-11761	207	7	0.1056	0.1056	NUM
ajfa-11761	207	8	-0.2799	-0.2799	NOUN
ajfa-11761	207	9	0.3312	0.3312	NUM
ajfa-11761	207	10	n=	n=	ADJ
ajfa-11761	207	11	125	125	NUM
ajfa-11761	207	12	between	between	ADP
ajfa-11761	207	13	0.0986	0.0986	NUM
ajfa-11761	207	14	-0.1644	-0.1644	NOUN
ajfa-11761	207	15	0.3063	0.3063	NUM
ajfa-11761	207	16	n=	n=	ADJ
ajfa-11761	207	17	25	25	NUM
ajfa-11761	207	18	within	within	ADP
ajfa-11761	207	19	0.0416	0.0416	NUM
ajfa-11761	207	20	-0.0270	-0.0270	NOUN
ajfa-11761	207	21	0.2823	0.2823	NUM
ajfa-11761	207	22	t=	t=	NUM
ajfa-11761	207	23	5	5	NUM
ajfa-11761	207	24	ros	ros	PROPN
ajfa-11761	207	25	overall	overall	NOUN
ajfa-11761	207	26	0.0552	0.0552	NUM
ajfa-11761	207	27	0.0758	0.0758	NUM
ajfa-11761	207	28	-0.1834	-0.1834	NOUN
ajfa-11761	207	29	0.2278	0.2278	NUM
ajfa-11761	207	30	n=	n=	ADJ
ajfa-11761	207	31	125	125	NUM
ajfa-11761	207	32	between	between	ADP
ajfa-11761	207	33	0.0728	0.0728	NUM
ajfa-11761	207	34	-0.0994	-0.0994	NOUN
ajfa-11761	207	35	0.2152	0.2152	NUM
ajfa-11761	207	36	n=	n=	ADJ
ajfa-11761	207	37	25	25	NUM
ajfa-11761	207	38	within	within	ADP
ajfa-11761	207	39	0.0246	0.0246	NUM
ajfa-11761	207	40	-0.0334	-0.0334	NOUN
ajfa-11761	207	41	0.1770	0.1770	NUM
ajfa-11761	207	42	t=	t=	NUM
ajfa-11761	207	43	5	5	NUM
ajfa-11761	207	44	std	std	NOUN
ajfa-11761	207	45	overall	overall	NOUN
ajfa-11761	207	46	0.3721	0.3721	NUM
ajfa-11761	207	47	0.9143	0.9143	NUM
ajfa-11761	207	48	0.0985	0.0985	NUM
ajfa-11761	207	49	0.8699	0.8699	NUM
ajfa-11761	207	50	n=	n=	ADJ
ajfa-11761	207	51	125	125	NUM
ajfa-11761	207	52	between	between	ADP
ajfa-11761	207	53	0.1841	0.1841	NUM
ajfa-11761	207	54	0.1281	0.1281	NUM
ajfa-11761	207	55	0.7163	0.7163	NUM
ajfa-11761	207	56	n=	n=	ADV
ajfa-11761	207	57	25	25	NUM
ajfa-11761	207	58	within	within	ADP
ajfa-11761	207	59	0.0704	0.0704	NUM
ajfa-11761	207	60	0.1676	0.1676	NUM
ajfa-11761	207	61	0.6336	0.6336	NUM
ajfa-11761	207	62	t=	t=	PROPN
ajfa-11761	207	63	5	5	NUM
ajfa-11761	207	64	ltd	ltd	PROPN
ajfa-11761	207	65	overall	overall	ADJ
ajfa-11761	207	66	0.1478	0.1478	NUM
ajfa-11761	207	67	0.1631	0.1631	NUM
ajfa-11761	207	68	0.0109	0.0109	NUM
ajfa-11761	207	69	0.9469	0.9469	NUM
ajfa-11761	207	70	n=	n=	ADJ
ajfa-11761	207	71	125	125	NUM
ajfa-11761	207	72	between	between	ADP
ajfa-11761	207	73	0.1591	0.1591	NUM
ajfa-11761	207	74	0.0145	0.0145	NUM
ajfa-11761	207	75	0.8329	0.8329	NUM
ajfa-11761	207	76	n=	n=	ADJ
ajfa-11761	207	77	25	25	NUM
ajfa-11761	207	78	within	within	ADP
ajfa-11761	207	79	0.0459	0.0459	NUM
ajfa-11761	207	80	0.0064	0.0064	NUM
ajfa-11761	207	81	0.3927	0.3927	NUM
ajfa-11761	207	82	t=	t=	ADJ
ajfa-11761	207	83	5	5	NUM
ajfa-11761	207	84	size	size	NOUN
ajfa-11761	207	85	overall	overall	ADJ
ajfa-11761	207	86	9.8033	9.8033	NUM
ajfa-11761	207	87	0.8625	0.8625	NUM
ajfa-11761	207	88	7.7526	7.7526	NUM
ajfa-11761	207	89	11.0557	11.0557	NUM
ajfa-11761	207	90	n=	n=	ADJ
ajfa-11761	207	91	125	125	NUM
ajfa-11761	207	92	between	between	ADP
ajfa-11761	207	93	0.8741	0.8741	NUM
ajfa-11761	207	94	7.8606	7.8606	NUM
ajfa-11761	207	95	10.9615	10.9615	NUM
ajfa-11761	207	96	n=	n=	ADJ
ajfa-11761	207	97	25	25	NUM
ajfa-11761	207	98	within	within	ADP
ajfa-11761	207	99	0.0668	0.0668	NUM
ajfa-11761	207	100	9.6393	9.6393	NUM
ajfa-11761	207	101	10.0099	10.0099	NUM
ajfa-11761	207	102	t=	t=	ADJ
ajfa-11761	207	103	5	5	NUM
ajfa-11761	207	104	age	age	NOUN
ajfa-11761	207	105	overall	overall	ADV
ajfa-11761	207	106	63.16	63.16	NUM
ajfa-11761	207	107	35.6808	35.6808	NUM
ajfa-11761	207	108	8.00	8.00	NUM
ajfa-11761	207	109	130.00	130.00	NUM
ajfa-11761	207	110	n=	n=	ADJ
ajfa-11761	207	111	125	125	NUM
ajfa-11761	207	112	between	between	ADP
ajfa-11761	207	113	36.2418	36.2418	NUM
ajfa-11761	207	114	10.00	10.00	NUM
ajfa-11761	207	115	128.00	128.00	NUM
ajfa-11761	207	116	n=	n=	ADJ
ajfa-11761	207	117	25	25	NUM
ajfa-11761	207	118	within	within	ADP
ajfa-11761	207	119	1.4199	1.4199	NUM
ajfa-11761	207	120	61.16	61.16	NUM
ajfa-11761	207	121	65.16	65.16	NUM
ajfa-11761	207	122	t=	t=	NUM
ajfa-11761	207	123	5	5	NUM
ajfa-11761	207	124	roa	roa	NOUN
ajfa-11761	207	125	=	=	NOUN
ajfa-11761	207	126	return	return	NOUN
ajfa-11761	207	127	on	on	ADP
ajfa-11761	207	128	assets	asset	NOUN
ajfa-11761	207	129	;	;	PUNCT
ajfa-11761	207	130	ros	ros	PROPN
ajfa-11761	207	131	=	=	PUNCT
ajfa-11761	207	132	return	return	VERB
ajfa-11761	207	133	on	on	ADP
ajfa-11761	207	134	sales	sale	NOUN
ajfa-11761	207	135	;	;	PUNCT
ajfa-11761	207	136	std	std	NOUN
ajfa-11761	207	137	=	=	SYM
ajfa-11761	207	138	short	short	ADJ
ajfa-11761	207	139	-	-	PUNCT
ajfa-11761	207	140	term	term	NOUN
ajfa-11761	207	141	debt	debt	NOUN
ajfa-11761	207	142	;	;	PUNCT
ajfa-11761	207	143	ltd	ltd	ADJ
ajfa-11761	207	144	=	=	SYM
ajfa-11761	207	145	long	long	ADJ
ajfa-11761	207	146	-	-	PUNCT
ajfa-11761	207	147	term	term	NOUN
ajfa-11761	207	148	debt	debt	NOUN
ajfa-11761	207	149	;	;	PUNCT
ajfa-11761	207	150	size	size	NOUN
ajfa-11761	207	151	=	=	SYM
ajfa-11761	207	152	natural	natural	ADJ
ajfa-11761	207	153	logarithm	logarithm	NOUN
ajfa-11761	207	154	of	of	ADP
ajfa-11761	207	155	total	total	ADJ
ajfa-11761	207	156	sales	sale	NOUN
ajfa-11761	207	157	;	;	PUNCT
ajfa-11761	207	158	age	age	NOUN
ajfa-11761	207	159	=	=	NOUN
ajfa-11761	207	160	number	number	NOUN
ajfa-11761	207	161	of	of	ADP
ajfa-11761	207	162	years	year	NOUN
ajfa-11761	207	163	since	since	SCONJ
ajfa-11761	207	164	establishment	establishment	NOUN
ajfa-11761	207	165	.	.	PUNCT
ajfa-11761	208	1	the	the	DET
ajfa-11761	208	2	results	result	NOUN
ajfa-11761	208	3	of	of	ADP
ajfa-11761	208	4	correlation	correlation	NOUN
ajfa-11761	208	5	analysis	analysis	NOUN
ajfa-11761	208	6	between	between	ADP
ajfa-11761	208	7	the	the	DET
ajfa-11761	208	8	dependent	dependent	ADJ
ajfa-11761	208	9	variables	variable	NOUN
ajfa-11761	208	10	,	,	PUNCT
ajfa-11761	208	11	which	which	PRON
ajfa-11761	208	12	are	be	AUX
ajfa-11761	208	13	represented	represent	VERB
ajfa-11761	208	14	in	in	ADP
ajfa-11761	208	15	terms	term	NOUN
ajfa-11761	208	16	of	of	ADP
ajfa-11761	208	17	roa	roa	PROPN
ajfa-11761	208	18	and	and	CCONJ
ajfa-11761	208	19	ros	ros	PROPN
ajfa-11761	208	20	,	,	PUNCT
ajfa-11761	208	21	as	as	ADV
ajfa-11761	208	22	well	well	ADV
ajfa-11761	208	23	as	as	ADP
ajfa-11761	208	24	each	each	DET
ajfa-11761	208	25	independent	independent	ADJ
ajfa-11761	208	26	and	and	CCONJ
ajfa-11761	208	27	control	control	NOUN
ajfa-11761	208	28	variable	variable	NOUN
ajfa-11761	208	29	are	be	AUX
ajfa-11761	208	30	reported	report	VERB
ajfa-11761	208	31	in	in	ADP
ajfa-11761	208	32	table	table	NOUN
ajfa-11761	208	33	4.2	4.2	NUM
ajfa-11761	208	34	below	below	ADV
ajfa-11761	208	35	.	.	PUNCT
ajfa-11761	209	1	the	the	DET
ajfa-11761	209	2	results	result	NOUN
ajfa-11761	209	3	also	also	ADV
ajfa-11761	209	4	confirm	confirm	VERB
ajfa-11761	209	5	that	that	SCONJ
ajfa-11761	209	6	all	all	DET
ajfa-11761	209	7	the	the	DET
ajfa-11761	209	8	coefficients	coefficient	NOUN
ajfa-11761	209	9	between	between	ADP
ajfa-11761	209	10	variables	variable	NOUN
ajfa-11761	209	11	are	be	AUX
ajfa-11761	209	12	fairly	fairly	ADV
ajfa-11761	209	13	low	low	ADJ
ajfa-11761	209	14	,	,	PUNCT
ajfa-11761	209	15	so	so	CCONJ
ajfa-11761	209	16	there	there	PRON
ajfa-11761	209	17	is	be	VERB
ajfa-11761	209	18	no	no	DET
ajfa-11761	209	19	indication	indication	NOUN
ajfa-11761	209	20	of	of	ADP
ajfa-11761	209	21	multicollinearity	multicollinearity	NOUN
ajfa-11761	209	22	among	among	ADP
ajfa-11761	209	23	the	the	DET
ajfa-11761	209	24	variables	variable	NOUN
ajfa-11761	209	25	included	include	VERB
ajfa-11761	209	26	in	in	ADP
ajfa-11761	209	27	the	the	DET
ajfa-11761	209	28	model	model	NOUN
ajfa-11761	209	29	.	.	PUNCT
ajfa-11761	210	1	asian	asian	ADJ
ajfa-11761	210	2	journal	journal	PROPN
ajfa-11761	210	3	of	of	ADP
ajfa-11761	210	4	finance	finance	PROPN
ajfa-11761	210	5	&	&	CCONJ
ajfa-11761	210	6	accounting	accounting	PROPN
ajfa-11761	210	7	issn	issn	PROPN
ajfa-11761	210	8	1946	1946	NUM
ajfa-11761	210	9	-	-	PUNCT
ajfa-11761	210	10	052x	052x	PROPN
ajfa-11761	210	11	2017	2017	NUM
ajfa-11761	210	12	,	,	PUNCT
ajfa-11761	210	13	vol	vol	NOUN
ajfa-11761	210	14	.	.	NOUN
ajfa-11761	210	15	9	9	NUM
ajfa-11761	210	16	,	,	PUNCT
ajfa-11761	210	17	no	no	NOUN
ajfa-11761	210	18	.	.	NOUN
ajfa-11761	210	19	2	2	NUM
ajfa-11761	210	20	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	210	21	116	116	NUM
ajfa-11761	210	22	table	table	NOUN
ajfa-11761	210	23	4.2	4.2	NUM
ajfa-11761	210	24	.	.	PUNCT
ajfa-11761	211	1	correlation	correlation	NOUN
ajfa-11761	211	2	of	of	ADP
ajfa-11761	211	3	analyses	analysis	NOUN
ajfa-11761	211	4	of	of	ADP
ajfa-11761	211	5	the	the	DET
ajfa-11761	211	6	variables	variable	NOUN
ajfa-11761	211	7	included	include	VERB
ajfa-11761	211	8	in	in	ADP
ajfa-11761	211	9	the	the	DET
ajfa-11761	211	10	study	study	NOUN
ajfa-11761	211	11	roa	roa	PROPN
ajfa-11761	211	12	ros	ros	PROPN
ajfa-11761	211	13	std	std	PROPN
ajfa-11761	211	14	ltd	ltd	PROPN
ajfa-11761	211	15	size	size	NOUN
ajfa-11761	211	16	age	age	NOUN
ajfa-11761	211	17	roa	roa	PROPN
ajfa-11761	211	18	1	1	NUM
ajfa-11761	211	19	0.862	0.862	NUM
ajfa-11761	211	20	*	*	PUNCT
ajfa-11761	211	21	*	*	PUNCT
ajfa-11761	211	22	-0.238	-0.238	PROPN
ajfa-11761	211	23	*	*	PUNCT
ajfa-11761	211	24	-0.496	-0.496	PUNCT
ajfa-11761	211	25	*	*	PUNCT
ajfa-11761	211	26	*	*	PUNCT
ajfa-11761	211	27	0.271	0.271	NUM
ajfa-11761	211	28	*	*	PUNCT
ajfa-11761	211	29	*	*	NOUN
ajfa-11761	211	30	0.113	0.113	NUM
ajfa-11761	211	31	*	*	PUNCT
ajfa-11761	211	32	*	*	PUNCT
ajfa-11761	212	1	ros	ros	PROPN
ajfa-11761	212	2	0.862	0.862	NUM
ajfa-11761	212	3	*	*	SYM
ajfa-11761	212	4	1	1	NUM
ajfa-11761	212	5	-0.452	-0.452	NOUN
ajfa-11761	212	6	*	*	PUNCT
ajfa-11761	212	7	-0.428	-0.428	PUNCT
ajfa-11761	212	8	*	*	PUNCT
ajfa-11761	212	9	*	*	NOUN
ajfa-11761	212	10	0.135	0.135	NUM
ajfa-11761	212	11	*	*	PUNCT
ajfa-11761	212	12	*	*	PUNCT
ajfa-11761	212	13	0.155	0.155	NUM
ajfa-11761	212	14	*	*	X
ajfa-11761	212	15	*	*	NOUN
ajfa-11761	212	16	std	std	NOUN
ajfa-11761	212	17	-0.238	-0.238	PUNCT
ajfa-11761	212	18	*	*	NOUN
ajfa-11761	212	19	*	*	NOUN
ajfa-11761	212	20	-0.452	-0.452	PUNCT
ajfa-11761	212	21	*	*	PUNCT
ajfa-11761	212	22	*	*	NOUN
ajfa-11761	212	23	1	1	NUM
ajfa-11761	212	24	-0.162	-0.162	NOUN
ajfa-11761	212	25	*	*	NOUN
ajfa-11761	212	26	0.282	0.282	NUM
ajfa-11761	212	27	*	*	PUNCT
ajfa-11761	212	28	*	*	PUNCT
ajfa-11761	212	29	-0.396	-0.396	PUNCT
ajfa-11761	212	30	*	*	PUNCT
ajfa-11761	212	31	*	*	PROPN
ajfa-11761	212	32	ltd	ltd	NOUN
ajfa-11761	212	33	-0.496	-0.496	PROPN
ajfa-11761	212	34	*	*	NOUN
ajfa-11761	212	35	*	*	PUNCT
ajfa-11761	212	36	-0.428	-0.428	PUNCT
ajfa-11761	212	37	*	*	PUNCT
ajfa-11761	212	38	*	*	PUNCT
ajfa-11761	212	39	-0.162	-0.162	PROPN
ajfa-11761	212	40	*	*	NOUN
ajfa-11761	212	41	1	1	NUM
ajfa-11761	212	42	0.143	0.143	NUM
ajfa-11761	212	43	*	*	PUNCT
ajfa-11761	212	44	*	*	PUNCT
ajfa-11761	212	45	0.237	0.237	NUM
ajfa-11761	212	46	*	*	NOUN
ajfa-11761	212	47	*	*	NOUN
ajfa-11761	212	48	size	size	NOUN
ajfa-11761	212	49	0.271	0.271	NUM
ajfa-11761	212	50	*	*	NOUN
ajfa-11761	212	51	*	*	PUNCT
ajfa-11761	212	52	0.135	0.135	NUM
ajfa-11761	212	53	*	*	PUNCT
ajfa-11761	212	54	*	*	NOUN
ajfa-11761	212	55	0.282	0.282	NUM
ajfa-11761	212	56	*	*	PUNCT
ajfa-11761	212	57	0.143	0.143	NUM
ajfa-11761	212	58	*	*	PUNCT
ajfa-11761	212	59	*	*	PUNCT
ajfa-11761	212	60	1	1	NUM
ajfa-11761	212	61	0.200	0.200	NUM
ajfa-11761	212	62	*	*	PUNCT
ajfa-11761	212	63	*	*	NOUN
ajfa-11761	212	64	age	age	NOUN
ajfa-11761	212	65	0.113	0.113	NUM
ajfa-11761	212	66	*	*	PUNCT
ajfa-11761	212	67	*	*	PUNCT
ajfa-11761	212	68	0.154	0.154	NUM
ajfa-11761	212	69	*	*	PUNCT
ajfa-11761	212	70	*	*	PUNCT
ajfa-11761	212	71	0.3955	0.3955	NUM
ajfa-11761	212	72	0.237	0.237	NUM
ajfa-11761	212	73	*	*	PUNCT
ajfa-11761	212	74	*	*	X
ajfa-11761	212	75	0.200	0.200	NUM
ajfa-11761	212	76	*	*	PUNCT
ajfa-11761	212	77	*	*	PROPN
ajfa-11761	212	78	1	1	NUM
ajfa-11761	212	79	notes	note	NOUN
ajfa-11761	212	80	:	:	PUNCT
ajfa-11761	212	81	*	*	PUNCT
ajfa-11761	212	82	*	*	PUNCT
ajfa-11761	212	83	correlation	correlation	NOUN
ajfa-11761	212	84	is	be	AUX
ajfa-11761	212	85	significant	significant	ADJ
ajfa-11761	212	86	at	at	ADP
ajfa-11761	212	87	5	5	NUM
ajfa-11761	212	88	percent	percent	NOUN
ajfa-11761	212	89	level	level	NOUN
ajfa-11761	212	90	.	.	PUNCT
ajfa-11761	213	1	roa	roa	PROPN
ajfa-11761	213	2	=	=	PUNCT
ajfa-11761	213	3	return	return	NOUN
ajfa-11761	213	4	on	on	ADP
ajfa-11761	213	5	assets	asset	NOUN
ajfa-11761	213	6	;	;	PUNCT
ajfa-11761	213	7	ros	ros	PROPN
ajfa-11761	213	8	=	=	PUNCT
ajfa-11761	213	9	return	return	VERB
ajfa-11761	213	10	on	on	ADP
ajfa-11761	213	11	sales	sale	NOUN
ajfa-11761	213	12	;	;	PUNCT
ajfa-11761	213	13	std	std	NOUN
ajfa-11761	213	14	=	=	SYM
ajfa-11761	213	15	short	short	ADJ
ajfa-11761	213	16	-	-	PUNCT
ajfa-11761	213	17	term	term	NOUN
ajfa-11761	213	18	debt	debt	NOUN
ajfa-11761	213	19	;	;	PUNCT
ajfa-11761	213	20	ltd	ltd	ADJ
ajfa-11761	213	21	=	=	SYM
ajfa-11761	213	22	long	long	ADJ
ajfa-11761	213	23	-	-	PUNCT
ajfa-11761	213	24	term	term	NOUN
ajfa-11761	213	25	debt	debt	NOUN
ajfa-11761	213	26	;	;	PUNCT
ajfa-11761	213	27	size	size	NOUN
ajfa-11761	213	28	=	=	SYM
ajfa-11761	213	29	natural	natural	ADJ
ajfa-11761	213	30	logarithm	logarithm	NOUN
ajfa-11761	213	31	of	of	ADP
ajfa-11761	213	32	total	total	ADJ
ajfa-11761	213	33	sales	sale	NOUN
ajfa-11761	213	34	;	;	PUNCT
ajfa-11761	213	35	age	age	NOUN
ajfa-11761	213	36	=	=	NOUN
ajfa-11761	213	37	number	number	NOUN
ajfa-11761	213	38	of	of	ADP
ajfa-11761	213	39	years	year	NOUN
ajfa-11761	213	40	since	since	SCONJ
ajfa-11761	213	41	establishment	establishment	NOUN
ajfa-11761	213	42	.	.	PUNCT
ajfa-11761	214	1	table	table	NOUN
ajfa-11761	214	2	4.3	4.3	NUM
ajfa-11761	214	3	and	and	CCONJ
ajfa-11761	214	4	4.4	4.4	NUM
ajfa-11761	214	5	below	below	ADP
ajfa-11761	214	6	present	present	NOUN
ajfa-11761	214	7	the	the	DET
ajfa-11761	214	8	regression	regression	NOUN
ajfa-11761	214	9	results	result	NOUN
ajfa-11761	214	10	using	use	VERB
ajfa-11761	214	11	the	the	DET
ajfa-11761	214	12	fixed	fix	VERB
ajfa-11761	214	13	-	-	PUNCT
ajfa-11761	214	14	effects	effect	NOUN
ajfa-11761	214	15	(	(	PUNCT
ajfa-11761	214	16	within	within	ADP
ajfa-11761	214	17	)	)	PUNCT
ajfa-11761	214	18	regression	regression	NOUN
ajfa-11761	214	19	model	model	NOUN
ajfa-11761	214	20	to	to	PART
ajfa-11761	214	21	test	test	VERB
ajfa-11761	214	22	the	the	DET
ajfa-11761	214	23	impact	impact	NOUN
ajfa-11761	214	24	of	of	ADP
ajfa-11761	214	25	debt	debt	NOUN
ajfa-11761	214	26	capital	capital	NOUN
ajfa-11761	214	27	on	on	ADP
ajfa-11761	214	28	the	the	DET
ajfa-11761	214	29	financial	financial	ADJ
ajfa-11761	214	30	performance	performance	NOUN
ajfa-11761	214	31	of	of	ADP
ajfa-11761	214	32	companies	company	NOUN
ajfa-11761	214	33	measured	measure	VERB
ajfa-11761	214	34	by	by	ADP
ajfa-11761	214	35	roa	roa	PROPN
ajfa-11761	214	36	and	and	CCONJ
ajfa-11761	214	37	ros	ros	PROPN
ajfa-11761	214	38	.	.	PUNCT
ajfa-11761	215	1	as	as	SCONJ
ajfa-11761	215	2	indicated	indicate	VERB
ajfa-11761	215	3	by	by	ADP
ajfa-11761	215	4	the	the	DET
ajfa-11761	215	5	results	result	NOUN
ajfa-11761	215	6	of	of	ADP
ajfa-11761	215	7	the	the	DET
ajfa-11761	215	8	complete	complete	ADJ
ajfa-11761	215	9	model	model	NOUN
ajfa-11761	215	10	and	and	CCONJ
ajfa-11761	215	11	consistent	consistent	ADJ
ajfa-11761	215	12	with	with	ADP
ajfa-11761	215	13	h1	h1	PROPN
ajfa-11761	215	14	,	,	PUNCT
ajfa-11761	215	15	debt	debt	NOUN
ajfa-11761	215	16	capital	capital	NOUN
ajfa-11761	215	17	i.e.	i.e.	X
ajfa-11761	215	18	short	short	ADJ
ajfa-11761	215	19	-	-	PUNCT
ajfa-11761	215	20	term	term	NOUN
ajfa-11761	215	21	debt	debt	NOUN
ajfa-11761	215	22	and	and	CCONJ
ajfa-11761	215	23	long	long	ADJ
ajfa-11761	215	24	-	-	PUNCT
ajfa-11761	215	25	term	term	NOUN
ajfa-11761	215	26	debt	debt	NOUN
ajfa-11761	215	27	–	–	PUNCT
ajfa-11761	215	28	has	have	VERB
ajfa-11761	215	29	a	a	DET
ajfa-11761	215	30	negative	negative	ADJ
ajfa-11761	215	31	impact	impact	NOUN
ajfa-11761	215	32	on	on	ADP
ajfa-11761	215	33	firm	firm	ADJ
ajfa-11761	215	34	performance	performance	NOUN
ajfa-11761	215	35	in	in	ADP
ajfa-11761	215	36	the	the	DET
ajfa-11761	215	37	case	case	NOUN
ajfa-11761	215	38	of	of	ADP
ajfa-11761	215	39	both	both	DET
ajfa-11761	215	40	roa	roa	NOUN
ajfa-11761	215	41	and	and	CCONJ
ajfa-11761	215	42	ros	ros	PROPN
ajfa-11761	215	43	.	.	PUNCT
ajfa-11761	216	1	in	in	ADP
ajfa-11761	216	2	terms	term	NOUN
ajfa-11761	216	3	of	of	ADP
ajfa-11761	216	4	roa	roa	PROPN
ajfa-11761	216	5	,	,	PUNCT
ajfa-11761	216	6	the	the	DET
ajfa-11761	216	7	slope	slope	NOUN
ajfa-11761	216	8	coefficients	coefficient	NOUN
ajfa-11761	216	9	of	of	ADP
ajfa-11761	216	10	long	long	ADJ
ajfa-11761	216	11	-	-	PUNCT
ajfa-11761	216	12	term	term	NOUN
ajfa-11761	216	13	debt	debt	NOUN
ajfa-11761	216	14	and	and	CCONJ
ajfa-11761	216	15	short	short	ADJ
ajfa-11761	216	16	-	-	PUNCT
ajfa-11761	216	17	term	term	NOUN
ajfa-11761	216	18	debt	debt	NOUN
ajfa-11761	216	19	are	be	AUX
ajfa-11761	216	20	both	both	CCONJ
ajfa-11761	216	21	negative	negative	ADJ
ajfa-11761	216	22	and	and	CCONJ
ajfa-11761	216	23	statistically	statistically	ADV
ajfa-11761	216	24	significant	significant	ADJ
ajfa-11761	216	25	at	at	ADP
ajfa-11761	216	26	5	5	NUM
ajfa-11761	216	27	per	per	NOUN
ajfa-11761	216	28	cent	cent	NOUN
ajfa-11761	216	29	level	level	NOUN
ajfa-11761	216	30	.	.	PUNCT
ajfa-11761	217	1	the	the	DET
ajfa-11761	217	2	slope	slope	NOUN
ajfa-11761	217	3	coefficient	coefficient	NOUN
ajfa-11761	217	4	of	of	ADP
ajfa-11761	217	5	the	the	DET
ajfa-11761	217	6	long	long	ADJ
ajfa-11761	217	7	-	-	PUNCT
ajfa-11761	217	8	term	term	NOUN
ajfa-11761	217	9	debt	debt	NOUN
ajfa-11761	217	10	ratio	ratio	NOUN
ajfa-11761	217	11	variable	variable	NOUN
ajfa-11761	217	12	(	(	PUNCT
ajfa-11761	217	13	β	β	X
ajfa-11761	217	14	=	=	SYM
ajfa-11761	217	15	-0.3663613	-0.3663613	ADJ
ajfa-11761	217	16	;	;	PUNCT
ajfa-11761	217	17	p>|t|	p>|t|	PUNCT
ajfa-11761	217	18	=	=	SYM
ajfa-11761	217	19	0.000	0.000	NUM
ajfa-11761	217	20	)	)	PUNCT
ajfa-11761	217	21	represents	represent	VERB
ajfa-11761	217	22	the	the	DET
ajfa-11761	217	23	highest	high	ADJ
ajfa-11761	217	24	debt	debt	NOUN
ajfa-11761	217	25	ratio	ratio	NOUN
ajfa-11761	217	26	,	,	PUNCT
ajfa-11761	217	27	while	while	SCONJ
ajfa-11761	217	28	the	the	DET
ajfa-11761	217	29	slope	slope	NOUN
ajfa-11761	217	30	coefficient	coefficient	NOUN
ajfa-11761	217	31	of	of	ADP
ajfa-11761	217	32	the	the	DET
ajfa-11761	217	33	short	short	ADJ
ajfa-11761	217	34	-	-	PUNCT
ajfa-11761	217	35	term	term	NOUN
ajfa-11761	217	36	debt	debt	NOUN
ajfa-11761	217	37	ratio	ratio	NOUN
ajfa-11761	217	38	variable	variable	NOUN
ajfa-11761	217	39	(	(	PUNCT
ajfa-11761	217	40	β	β	X
ajfa-11761	217	41	=	=	SYM
ajfa-11761	217	42	-0.2283428	-0.2283428	NOUN
ajfa-11761	217	43	;	;	PUNCT
ajfa-11761	217	44	p>|t|	p>|t|	NOUN
ajfa-11761	217	45	=	=	SYM
ajfa-11761	217	46	0.000	0.000	NUM
ajfa-11761	217	47	)	)	PUNCT
ajfa-11761	217	48	represent	represent	VERB
ajfa-11761	217	49	the	the	DET
ajfa-11761	217	50	lowest	low	ADJ
ajfa-11761	217	51	.	.	PUNCT
ajfa-11761	218	1	in	in	ADP
ajfa-11761	218	2	terms	term	NOUN
ajfa-11761	218	3	of	of	ADP
ajfa-11761	218	4	ros	ros	PROPN
ajfa-11761	218	5	,	,	PUNCT
ajfa-11761	218	6	the	the	DET
ajfa-11761	218	7	results	result	NOUN
ajfa-11761	218	8	are	be	AUX
ajfa-11761	218	9	somewhat	somewhat	ADV
ajfa-11761	218	10	similar	similar	ADJ
ajfa-11761	218	11	with	with	ADP
ajfa-11761	218	12	the	the	DET
ajfa-11761	218	13	slope	slope	NOUN
ajfa-11761	218	14	coefficients	coefficient	NOUN
ajfa-11761	218	15	of	of	ADP
ajfa-11761	218	16	both	both	PRON
ajfa-11761	218	17	long	long	ADJ
ajfa-11761	218	18	-	-	PUNCT
ajfa-11761	218	19	term	term	NOUN
ajfa-11761	218	20	debt	debt	NOUN
ajfa-11761	218	21	and	and	CCONJ
ajfa-11761	218	22	short	short	ADJ
ajfa-11761	218	23	-	-	PUNCT
ajfa-11761	218	24	term	term	NOUN
ajfa-11761	218	25	debt	debt	NOUN
ajfa-11761	218	26	being	be	AUX
ajfa-11761	218	27	negative	negative	ADJ
ajfa-11761	218	28	and	and	CCONJ
ajfa-11761	218	29	statistically	statistically	ADV
ajfa-11761	218	30	significant	significant	ADJ
ajfa-11761	218	31	at	at	ADP
ajfa-11761	218	32	5	5	NUM
ajfa-11761	218	33	per	per	NOUN
ajfa-11761	218	34	cent	cent	NOUN
ajfa-11761	218	35	level	level	NOUN
ajfa-11761	218	36	.	.	PUNCT
ajfa-11761	219	1	however	however	ADV
ajfa-11761	219	2	,	,	PUNCT
ajfa-11761	219	3	the	the	DET
ajfa-11761	219	4	slope	slope	NOUN
ajfa-11761	219	5	coefficients	coefficient	NOUN
ajfa-11761	219	6	of	of	ADP
ajfa-11761	219	7	both	both	DET
ajfa-11761	219	8	debt	debt	NOUN
ajfa-11761	219	9	ratio	ratio	NOUN
ajfa-11761	219	10	variables	variable	NOUN
ajfa-11761	219	11	are	be	AUX
ajfa-11761	219	12	comparatively	comparatively	ADV
ajfa-11761	219	13	lower	low	ADJ
ajfa-11761	219	14	than	than	ADP
ajfa-11761	219	15	in	in	ADP
ajfa-11761	219	16	roa	roa	PROPN
ajfa-11761	219	17	.	.	PUNCT
ajfa-11761	220	1	in	in	ADP
ajfa-11761	220	2	the	the	DET
ajfa-11761	220	3	case	case	NOUN
ajfa-11761	220	4	of	of	ADP
ajfa-11761	220	5	ros	ros	PROPN
ajfa-11761	220	6	,	,	PUNCT
ajfa-11761	220	7	the	the	DET
ajfa-11761	220	8	slope	slope	NOUN
ajfa-11761	220	9	coefficient	coefficient	NOUN
ajfa-11761	220	10	of	of	ADP
ajfa-11761	220	11	the	the	DET
ajfa-11761	220	12	long	long	ADJ
ajfa-11761	220	13	-	-	PUNCT
ajfa-11761	220	14	term	term	NOUN
ajfa-11761	220	15	debt	debt	NOUN
ajfa-11761	220	16	ratio	ratio	NOUN
ajfa-11761	220	17	variable	variable	NOUN
ajfa-11761	220	18	(	(	PUNCT
ajfa-11761	220	19	β	β	X
ajfa-11761	220	20	=	=	SYM
ajfa-11761	220	21	-0.1719025	-0.1719025	ADJ
ajfa-11761	220	22	;	;	PUNCT
ajfa-11761	220	23	p>|t|	p>|t|	NOUN
ajfa-11761	220	24	=	=	SYM
ajfa-11761	220	25	0.002	0.002	NUM
ajfa-11761	220	26	)	)	PUNCT
ajfa-11761	220	27	still	still	ADV
ajfa-11761	220	28	represents	represent	VERB
ajfa-11761	220	29	the	the	DET
ajfa-11761	220	30	highest	high	ADJ
ajfa-11761	220	31	debt	debt	NOUN
ajfa-11761	220	32	ratio	ratio	NOUN
ajfa-11761	220	33	,	,	PUNCT
ajfa-11761	220	34	while	while	SCONJ
ajfa-11761	220	35	the	the	DET
ajfa-11761	220	36	slope	slope	NOUN
ajfa-11761	220	37	coefficient	coefficient	NOUN
ajfa-11761	220	38	of	of	ADP
ajfa-11761	220	39	the	the	DET
ajfa-11761	220	40	short	short	ADJ
ajfa-11761	220	41	-	-	PUNCT
ajfa-11761	220	42	term	term	NOUN
ajfa-11761	220	43	debt	debt	NOUN
ajfa-11761	220	44	ratio	ratio	NOUN
ajfa-11761	220	45	variable	variable	NOUN
ajfa-11761	220	46	(	(	PUNCT
ajfa-11761	220	47	β	β	NOUN
ajfa-11761	220	48	=	=	SYM
ajfa-11761	220	49	-0.1188747	-0.1188747	NOUN
ajfa-11761	220	50	;	;	PUNCT
ajfa-11761	220	51	p>|t|	p>|t|	X
ajfa-11761	220	52	=	=	SYM
ajfa-11761	220	53	0.001	0.001	NUM
ajfa-11761	220	54	)	)	PUNCT
ajfa-11761	220	55	represent	represent	VERB
ajfa-11761	220	56	the	the	DET
ajfa-11761	220	57	lowest	low	ADJ
ajfa-11761	220	58	.	.	PUNCT
ajfa-11761	221	1	these	these	DET
ajfa-11761	221	2	results	result	NOUN
ajfa-11761	221	3	suggest	suggest	VERB
ajfa-11761	221	4	that	that	SCONJ
ajfa-11761	221	5	an	an	DET
ajfa-11761	221	6	increase	increase	NOUN
ajfa-11761	221	7	in	in	ADP
ajfa-11761	221	8	the	the	DET
ajfa-11761	221	9	amount	amount	NOUN
ajfa-11761	221	10	of	of	ADP
ajfa-11761	221	11	both	both	PRON
ajfa-11761	221	12	or	or	CCONJ
ajfa-11761	221	13	either	either	CCONJ
ajfa-11761	221	14	short	short	ADJ
ajfa-11761	221	15	-	-	PUNCT
ajfa-11761	221	16	term	term	NOUN
ajfa-11761	221	17	debt	debt	NOUN
ajfa-11761	221	18	and	and	CCONJ
ajfa-11761	221	19	long	long	ADJ
ajfa-11761	221	20	-	-	PUNCT
ajfa-11761	221	21	term	term	NOUN
ajfa-11761	221	22	debt	debt	NOUN
ajfa-11761	221	23	is	be	AUX
ajfa-11761	221	24	associated	associate	VERB
ajfa-11761	221	25	with	with	ADP
ajfa-11761	221	26	a	a	DET
ajfa-11761	221	27	decrease	decrease	NOUN
ajfa-11761	221	28	in	in	ADP
ajfa-11761	221	29	the	the	DET
ajfa-11761	221	30	financial	financial	ADJ
ajfa-11761	221	31	performance	performance	NOUN
ajfa-11761	221	32	of	of	ADP
ajfa-11761	221	33	the	the	DET
ajfa-11761	221	34	firm	firm	NOUN
ajfa-11761	221	35	.	.	PUNCT
ajfa-11761	222	1	size	size	NOUN
ajfa-11761	222	2	of	of	ADP
ajfa-11761	222	3	the	the	DET
ajfa-11761	222	4	firm	firm	NOUN
ajfa-11761	222	5	is	be	AUX
ajfa-11761	222	6	proved	prove	VERB
ajfa-11761	222	7	to	to	PART
ajfa-11761	222	8	have	have	VERB
ajfa-11761	222	9	a	a	DET
ajfa-11761	222	10	significant	significant	ADJ
ajfa-11761	222	11	positive	positive	ADJ
ajfa-11761	222	12	impact	impact	NOUN
ajfa-11761	222	13	on	on	ADP
ajfa-11761	222	14	firm	firm	ADJ
ajfa-11761	222	15	performance	performance	NOUN
ajfa-11761	222	16	as	as	SCONJ
ajfa-11761	222	17	measured	measure	VERB
ajfa-11761	222	18	by	by	ADP
ajfa-11761	222	19	both	both	DET
ajfa-11761	222	20	roa	roa	NOUN
ajfa-11761	222	21	and	and	CCONJ
ajfa-11761	222	22	ros	ros	PROPN
ajfa-11761	222	23	.	.	PUNCT
ajfa-11761	223	1	this	this	PRON
ajfa-11761	223	2	is	be	AUX
ajfa-11761	223	3	consistent	consistent	ADJ
ajfa-11761	223	4	with	with	ADP
ajfa-11761	223	5	h2	h2	NOUN
ajfa-11761	223	6	,	,	PUNCT
ajfa-11761	223	7	indicating	indicate	VERB
ajfa-11761	223	8	that	that	SCONJ
ajfa-11761	223	9	larger	large	ADJ
ajfa-11761	223	10	companies	company	NOUN
ajfa-11761	223	11	in	in	ADP
ajfa-11761	223	12	the	the	DET
ajfa-11761	223	13	wholesale	wholesale	ADJ
ajfa-11761	223	14	and	and	CCONJ
ajfa-11761	223	15	retail	retail	ADJ
ajfa-11761	223	16	sector	sector	NOUN
ajfa-11761	223	17	operating	operate	VERB
ajfa-11761	223	18	in	in	ADP
ajfa-11761	223	19	the	the	DET
ajfa-11761	223	20	south	south	ADJ
ajfa-11761	223	21	african	african	ADJ
ajfa-11761	223	22	market	market	NOUN
ajfa-11761	223	23	are	be	AUX
ajfa-11761	223	24	,	,	PUNCT
ajfa-11761	223	25	on	on	ADP
ajfa-11761	223	26	average	average	ADJ
ajfa-11761	223	27	,	,	PUNCT
ajfa-11761	223	28	more	more	ADV
ajfa-11761	223	29	likely	likely	ADJ
ajfa-11761	223	30	to	to	PART
ajfa-11761	223	31	be	be	AUX
ajfa-11761	223	32	profitable	profitable	ADJ
ajfa-11761	223	33	or	or	CCONJ
ajfa-11761	223	34	perform	perform	VERB
ajfa-11761	223	35	well	well	ADV
ajfa-11761	223	36	financially	financially	ADV
ajfa-11761	223	37	.	.	PUNCT
ajfa-11761	224	1	this	this	PRON
ajfa-11761	224	2	could	could	AUX
ajfa-11761	224	3	also	also	ADV
ajfa-11761	224	4	mean	mean	VERB
ajfa-11761	224	5	that	that	SCONJ
ajfa-11761	224	6	larger	large	ADJ
ajfa-11761	224	7	companies	company	NOUN
ajfa-11761	224	8	in	in	ADP
ajfa-11761	224	9	south	south	PROPN
ajfa-11761	224	10	africa	africa	PROPN
ajfa-11761	224	11	are	be	AUX
ajfa-11761	224	12	able	able	ADJ
ajfa-11761	224	13	to	to	PART
ajfa-11761	224	14	achieve	achieve	VERB
ajfa-11761	224	15	the	the	DET
ajfa-11761	224	16	economies	economy	NOUN
ajfa-11761	224	17	of	of	ADP
ajfa-11761	224	18	scale	scale	NOUN
ajfa-11761	224	19	and	and	CCONJ
ajfa-11761	224	20	are	be	AUX
ajfa-11761	224	21	also	also	ADV
ajfa-11761	224	22	able	able	ADJ
ajfa-11761	224	23	to	to	PART
ajfa-11761	224	24	exercise	exercise	VERB
ajfa-11761	224	25	considerable	considerable	ADJ
ajfa-11761	224	26	influence	influence	NOUN
ajfa-11761	224	27	in	in	ADP
ajfa-11761	224	28	product	product	NOUN
ajfa-11761	224	29	and	and	CCONJ
ajfa-11761	224	30	factor	factor	NOUN
ajfa-11761	224	31	markets	market	NOUN
ajfa-11761	224	32	.	.	PUNCT
ajfa-11761	225	1	contrary	contrary	ADJ
ajfa-11761	225	2	to	to	ADP
ajfa-11761	225	3	h3	h3	NOUN
ajfa-11761	225	4	put	put	VERB
ajfa-11761	225	5	forward	forward	ADV
ajfa-11761	225	6	,	,	PUNCT
ajfa-11761	225	7	the	the	DET
ajfa-11761	225	8	firm	firm	NOUN
ajfa-11761	225	9	’s	’s	PART
ajfa-11761	225	10	age	age	NOUN
ajfa-11761	225	11	was	be	AUX
ajfa-11761	225	12	found	find	VERB
ajfa-11761	225	13	to	to	PART
ajfa-11761	225	14	have	have	VERB
ajfa-11761	225	15	significantly	significantly	ADV
ajfa-11761	225	16	negative	negative	ADJ
ajfa-11761	225	17	associations	association	NOUN
ajfa-11761	225	18	with	with	ADP
ajfa-11761	225	19	both	both	CCONJ
ajfa-11761	225	20	roa	roa	NOUN
ajfa-11761	225	21	and	and	CCONJ
ajfa-11761	225	22	ros	ros	PROPN
ajfa-11761	225	23	,	,	PUNCT
ajfa-11761	225	24	and	and	CCONJ
ajfa-11761	225	25	thus	thus	ADV
ajfa-11761	225	26	implying	imply	VERB
ajfa-11761	225	27	that	that	SCONJ
ajfa-11761	225	28	younger	young	ADJ
ajfa-11761	225	29	firms	firm	NOUN
ajfa-11761	225	30	tend	tend	VERB
ajfa-11761	225	31	to	to	PART
ajfa-11761	225	32	perform	perform	VERB
ajfa-11761	225	33	well	well	ADV
ajfa-11761	225	34	financially	financially	ADV
ajfa-11761	225	35	than	than	ADP
ajfa-11761	225	36	their	their	PRON
ajfa-11761	225	37	older	old	ADJ
ajfa-11761	225	38	counterparts	counterpart	NOUN
ajfa-11761	225	39	,	,	PUNCT
ajfa-11761	225	40	as	as	SCONJ
ajfa-11761	225	41	they	they	PRON
ajfa-11761	225	42	may	may	AUX
ajfa-11761	225	43	be	be	AUX
ajfa-11761	225	44	flexible	flexible	ADJ
ajfa-11761	225	45	in	in	ADP
ajfa-11761	225	46	adjusting	adjust	VERB
ajfa-11761	225	47	or	or	CCONJ
ajfa-11761	225	48	adapting	adapt	VERB
ajfa-11761	225	49	to	to	ADP
ajfa-11761	225	50	rapid	rapid	ADJ
ajfa-11761	225	51	changes	change	NOUN
ajfa-11761	225	52	that	that	PRON
ajfa-11761	225	53	have	have	AUX
ajfa-11761	225	54	been	be	AUX
ajfa-11761	225	55	one	one	NUM
ajfa-11761	225	56	of	of	ADP
ajfa-11761	225	57	characteristics	characteristic	NOUN
ajfa-11761	225	58	of	of	ADP
ajfa-11761	225	59	this	this	DET
ajfa-11761	225	60	particular	particular	ADJ
ajfa-11761	225	61	industry	industry	NOUN
ajfa-11761	225	62	in	in	ADP
ajfa-11761	225	63	recent	recent	ADJ
ajfa-11761	225	64	years	year	NOUN
ajfa-11761	225	65	.	.	PUNCT
ajfa-11761	226	1	overall	overall	ADV
ajfa-11761	226	2	,	,	PUNCT
ajfa-11761	226	3	the	the	DET
ajfa-11761	226	4	empirical	empirical	ADJ
ajfa-11761	226	5	results	result	NOUN
ajfa-11761	226	6	in	in	ADP
ajfa-11761	226	7	table	table	NOUN
ajfa-11761	226	8	4.3	4.3	NUM
ajfa-11761	226	9	and	and	CCONJ
ajfa-11761	226	10	4.4	4.4	NUM
ajfa-11761	226	11	below	below	ADP
ajfa-11761	226	12	indicate	indicate	VERB
ajfa-11761	226	13	that	that	SCONJ
ajfa-11761	226	14	after	after	ADP
ajfa-11761	226	15	controlling	control	VERB
ajfa-11761	226	16	for	for	ADP
ajfa-11761	226	17	factors	factor	NOUN
ajfa-11761	226	18	such	such	ADJ
ajfa-11761	226	19	as	as	ADP
ajfa-11761	226	20	firm	firm	ADJ
ajfa-11761	226	21	size	size	NOUN
ajfa-11761	226	22	and	and	CCONJ
ajfa-11761	226	23	firm	firm	ADJ
ajfa-11761	226	24	age	age	NOUN
ajfa-11761	226	25	,	,	PUNCT
ajfa-11761	226	26	debt	debt	NOUN
ajfa-11761	226	27	capital	capital	NOUN
ajfa-11761	226	28	(	(	PUNCT
ajfa-11761	226	29	debt	debt	NOUN
ajfa-11761	226	30	ratios	ratio	NOUN
ajfa-11761	226	31	)	)	PUNCT
ajfa-11761	226	32	has	have	VERB
ajfa-11761	226	33	a	a	DET
ajfa-11761	226	34	negative	negative	ADJ
ajfa-11761	226	35	impact	impact	NOUN
ajfa-11761	226	36	on	on	ADP
ajfa-11761	226	37	the	the	DET
ajfa-11761	226	38	asian	asian	ADJ
ajfa-11761	226	39	journal	journal	NOUN
ajfa-11761	226	40	of	of	ADP
ajfa-11761	226	41	finance	finance	PROPN
ajfa-11761	226	42	&	&	CCONJ
ajfa-11761	226	43	accounting	accounting	PROPN
ajfa-11761	226	44	issn	issn	PROPN
ajfa-11761	226	45	1946	1946	NUM
ajfa-11761	226	46	-	-	PUNCT
ajfa-11761	226	47	052x	052x	PROPN
ajfa-11761	226	48	2017	2017	NUM
ajfa-11761	226	49	,	,	PUNCT
ajfa-11761	226	50	vol	vol	NOUN
ajfa-11761	226	51	.	.	NOUN
ajfa-11761	226	52	9	9	NUM
ajfa-11761	226	53	,	,	PUNCT
ajfa-11761	226	54	no	no	INTJ
ajfa-11761	226	55	.	.	NOUN
ajfa-11761	226	56	2	2	NUM
ajfa-11761	226	57	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	226	58	117	117	NUM
ajfa-11761	226	59	financial	financial	ADJ
ajfa-11761	226	60	performance	performance	NOUN
ajfa-11761	226	61	of	of	ADP
ajfa-11761	226	62	the	the	DET
ajfa-11761	226	63	firms	firm	NOUN
ajfa-11761	226	64	operating	operate	VERB
ajfa-11761	226	65	in	in	ADP
ajfa-11761	226	66	the	the	DET
ajfa-11761	226	67	south	south	ADJ
ajfa-11761	226	68	african	african	ADJ
ajfa-11761	226	69	wholesale	wholesale	ADJ
ajfa-11761	226	70	and	and	CCONJ
ajfa-11761	226	71	retail	retail	ADJ
ajfa-11761	226	72	sector	sector	NOUN
ajfa-11761	226	73	in	in	ADP
ajfa-11761	226	74	terms	term	NOUN
ajfa-11761	226	75	of	of	ADP
ajfa-11761	226	76	profitability	profitability	NOUN
ajfa-11761	226	77	(	(	PUNCT
ajfa-11761	226	78	roa	roa	NOUN
ajfa-11761	226	79	and	and	CCONJ
ajfa-11761	226	80	ros	ros	PROPN
ajfa-11761	226	81	)	)	PUNCT
ajfa-11761	226	82	.	.	PUNCT
ajfa-11761	227	1	companies	company	NOUN
ajfa-11761	227	2	which	which	PRON
ajfa-11761	227	3	have	have	VERB
ajfa-11761	227	4	lower	low	ADJ
ajfa-11761	227	5	debt	debt	NOUN
ajfa-11761	227	6	ratios	ratio	NOUN
ajfa-11761	227	7	appear	appear	VERB
ajfa-11761	227	8	to	to	PART
ajfa-11761	227	9	be	be	AUX
ajfa-11761	227	10	performing	perform	VERB
ajfa-11761	227	11	well	well	ADV
ajfa-11761	227	12	and	and	CCONJ
ajfa-11761	227	13	are	be	AUX
ajfa-11761	227	14	able	able	ADJ
ajfa-11761	227	15	to	to	PART
ajfa-11761	227	16	achieve	achieve	VERB
ajfa-11761	227	17	higher	high	ADJ
ajfa-11761	227	18	profits	profit	NOUN
ajfa-11761	227	19	.	.	PUNCT
ajfa-11761	228	1	the	the	DET
ajfa-11761	228	2	evidence	evidence	NOUN
ajfa-11761	228	3	provided	provide	VERB
ajfa-11761	228	4	by	by	ADP
ajfa-11761	228	5	the	the	DET
ajfa-11761	228	6	current	current	ADJ
ajfa-11761	228	7	study	study	NOUN
ajfa-11761	228	8	is	be	AUX
ajfa-11761	228	9	in	in	ADP
ajfa-11761	228	10	accordance	accordance	NOUN
ajfa-11761	228	11	with	with	ADP
ajfa-11761	228	12	the	the	DET
ajfa-11761	228	13	pecking	pecking	NOUN
ajfa-11761	228	14	order	order	NOUN
ajfa-11761	228	15	theory	theory	NOUN
ajfa-11761	228	16	.	.	PUNCT
ajfa-11761	229	1	the	the	DET
ajfa-11761	229	2	empirical	empirical	ADJ
ajfa-11761	229	3	findings	finding	NOUN
ajfa-11761	229	4	of	of	ADP
ajfa-11761	229	5	the	the	DET
ajfa-11761	229	6	current	current	ADJ
ajfa-11761	229	7	study	study	NOUN
ajfa-11761	229	8	support	support	VERB
ajfa-11761	229	9	those	those	PRON
ajfa-11761	229	10	of	of	ADP
ajfa-11761	229	11	previous	previous	ADJ
ajfa-11761	229	12	studies	study	NOUN
ajfa-11761	229	13	from	from	ADP
ajfa-11761	229	14	other	other	ADJ
ajfa-11761	229	15	countries	country	NOUN
ajfa-11761	229	16	and	and	CCONJ
ajfa-11761	229	17	different	different	ADJ
ajfa-11761	229	18	sectors	sector	NOUN
ajfa-11761	229	19	,	,	PUNCT
ajfa-11761	229	20	e.g.	e.g.	ADV
ajfa-11761	229	21	majumdar	majumdar	NOUN
ajfa-11761	229	22	and	and	CCONJ
ajfa-11761	229	23	chhibber	chhibber	PROPN
ajfa-11761	229	24	(	(	PUNCT
ajfa-11761	229	25	1999	1999	NUM
ajfa-11761	229	26	)	)	PUNCT
ajfa-11761	229	27	,	,	PUNCT
ajfa-11761	229	28	gleason	gleason	PROPN
ajfa-11761	229	29	et	et	PROPN
ajfa-11761	229	30	al	al	PROPN
ajfa-11761	229	31	.	.	PROPN
ajfa-11761	230	1	(	(	PUNCT
ajfa-11761	230	2	2000	2000	NUM
ajfa-11761	230	3	)	)	PUNCT
ajfa-11761	230	4	;	;	PUNCT
ajfa-11761	230	5	goddard	goddard	PROPN
ajfa-11761	230	6	et	et	PROPN
ajfa-11761	230	7	al	al	PROPN
ajfa-11761	230	8	.	.	PUNCT
ajfa-11761	231	1	(	(	PUNCT
ajfa-11761	231	2	2005	2005	NUM
ajfa-11761	231	3	)	)	PUNCT
ajfa-11761	231	4	,	,	PUNCT
ajfa-11761	231	5	abor	abor	NOUN
ajfa-11761	231	6	(	(	PUNCT
ajfa-11761	231	7	2007	2007	NUM
ajfa-11761	231	8	)	)	PUNCT
ajfa-11761	231	9	,	,	PUNCT
ajfa-11761	231	10	sheikh	sheikh	NOUN
ajfa-11761	231	11	and	and	CCONJ
ajfa-11761	231	12	wang	wang	PROPN
ajfa-11761	231	13	(	(	PUNCT
ajfa-11761	231	14	2011	2011	NUM
ajfa-11761	231	15	)	)	PUNCT
ajfa-11761	231	16	;	;	PUNCT
ajfa-11761	231	17	salim	salim	NOUN
ajfa-11761	231	18	and	and	CCONJ
ajfa-11761	231	19	yadav	yadav	PROPN
ajfa-11761	231	20	(	(	PUNCT
ajfa-11761	231	21	2012	2012	NUM
ajfa-11761	231	22	)	)	PUNCT
ajfa-11761	231	23	;	;	PUNCT
ajfa-11761	231	24	dawar	dawar	NOUN
ajfa-11761	231	25	(	(	PUNCT
ajfa-11761	231	26	2014	2014	NUM
ajfa-11761	231	27	)	)	PUNCT
ajfa-11761	231	28	;	;	PUNCT
ajfa-11761	231	29	and	and	CCONJ
ajfa-11761	231	30	yazdanfar	yazdanfar	ADV
ajfa-11761	231	31	and	and	CCONJ
ajfa-11761	231	32	öhman	öhman	NOUN
ajfa-11761	231	33	(	(	PUNCT
ajfa-11761	231	34	2015	2015	NUM
ajfa-11761	231	35	)	)	PUNCT
ajfa-11761	231	36	.	.	PUNCT
ajfa-11761	232	1	table	table	NOUN
ajfa-11761	232	2	4.3	4.3	NUM
ajfa-11761	232	3	.	.	PUNCT
ajfa-11761	233	1	regression	regression	NOUN
ajfa-11761	233	2	results	result	NOUN
ajfa-11761	233	3	of	of	ADP
ajfa-11761	233	4	debt	debt	NOUN
ajfa-11761	233	5	capital	capital	NOUN
ajfa-11761	233	6	and	and	CCONJ
ajfa-11761	233	7	firm	firm	ADJ
ajfa-11761	233	8	performance	performance	NOUN
ajfa-11761	233	9	measured	measure	VERB
ajfa-11761	233	10	by	by	ADP
ajfa-11761	233	11	roa	roa	PROPN
ajfa-11761	233	12	roa	roa	PROPN
ajfa-11761	233	13	coefficient	coefficient	PROPN
ajfa-11761	233	14	std	std	PROPN
ajfa-11761	233	15	.	.	PUNCT
ajfa-11761	234	1	err	err	PROPN
ajfa-11761	234	2	.	.	PUNCT
ajfa-11761	235	1	t	t	PROPN
ajfa-11761	235	2	-	-	PUNCT
ajfa-11761	235	3	statistics	statistic	NOUN
ajfa-11761	235	4	significanc	significanc	VERB
ajfa-11761	235	5	short	short	ADJ
ajfa-11761	235	6	term	term	NOUN
ajfa-11761	235	7	debt	debt	NOUN
ajfa-11761	235	8	-0.2283	-0.2283	NOUN
ajfa-11761	235	9	0.0516	0.0516	NUM
ajfa-11761	235	10	-4.42	-4.42	NOUN
ajfa-11761	235	11	*	*	X
ajfa-11761	235	12	*	*	NOUN
ajfa-11761	235	13	0.000	0.000	NUM
ajfa-11761	235	14	long	long	ADJ
ajfa-11761	235	15	term	term	NOUN
ajfa-11761	235	16	debt	debt	NOUN
ajfa-11761	235	17	-0.3664	-0.3664	X
ajfa-11761	236	1	0.0821	0.0821	NUM
ajfa-11761	236	2	-4.46	-4.46	NOUN
ajfa-11761	236	3	*	*	NOUN
ajfa-11761	236	4	*	*	NOUN
ajfa-11761	236	5	0.000	0.000	NUM
ajfa-11761	236	6	size	size	NOUN
ajfa-11761	236	7	0.227	0.227	NUM
ajfa-11761	236	8	0.0843	0.0843	NUM
ajfa-11761	236	9	2.69	2.69	NUM
ajfa-11761	236	10	*	*	PUNCT
ajfa-11761	236	11	*	*	PUNCT
ajfa-11761	236	12	0.008	0.008	NUM
ajfa-11761	236	13	age	age	NOUN
ajfa-11761	236	14	-0.0158	-0.0158	NOUN
ajfa-11761	236	15	0.0039	0.0039	NUM
ajfa-11761	236	16	-4.03	-4.03	NOUN
ajfa-11761	236	17	*	*	SYM
ajfa-11761	236	18	*	*	PUNCT
ajfa-11761	236	19	0.000	0.000	NUM
ajfa-11761	236	20	constant	constant	ADJ
ajfa-11761	236	21	-1.0009	-1.0009	NOUN
ajfa-11761	236	22	0.6552	0.6552	NUM
ajfa-11761	236	23	-1.53	-1.53	NOUN
ajfa-11761	236	24	*	*	SYM
ajfa-11761	236	25	*	*	NOUN
ajfa-11761	236	26	0.130	0.130	NUM
ajfa-11761	236	27	r2	r2	NOUN
ajfa-11761	236	28	within	within	ADP
ajfa-11761	236	29	0.4028	0.4028	NUM
ajfa-11761	236	30	r2	r2	NOUN
ajfa-11761	236	31	within	within	ADP
ajfa-11761	236	32	0.0021	0.0021	NUM
ajfa-11761	236	33	r2	r2	PROPN
ajfa-11761	236	34	overall	overall	ADJ
ajfa-11761	236	35	0.0029	0.0029	PROPN
ajfa-11761	236	36	sigma	sigma	VERB
ajfa-11761	236	37	u	u	PROPN
ajfa-11761	236	38	0.5641	0.5641	NUM
ajfa-11761	236	39	sigma	sigma	NOUN
ajfa-11761	236	40	e	e	X
ajfa-11761	236	41	0.0365	0.0365	NUM
ajfa-11761	236	42	rho	rho	VERB
ajfa-11761	236	43	0.9958	0.9958	NUM
ajfa-11761	236	44	prob	prob	NOUN
ajfa-11761	236	45	>	>	X
ajfa-11761	236	46	f	f	PROPN
ajfa-11761	236	47	0	0	NUM
ajfa-11761	236	48	notes	note	VERB
ajfa-11761	236	49	:	:	PUNCT
ajfa-11761	236	50	*	*	PUNCT
ajfa-11761	236	51	*	*	PUNCT
ajfa-11761	236	52	significant	significant	ADJ
ajfa-11761	236	53	at	at	ADP
ajfa-11761	236	54	5	5	NUM
ajfa-11761	236	55	percent	percent	NOUN
ajfa-11761	236	56	level	level	NOUN
ajfa-11761	236	57	.	.	PUNCT
ajfa-11761	237	1	roa	roa	PROPN
ajfa-11761	237	2	=	=	PUNCT
ajfa-11761	237	3	return	return	NOUN
ajfa-11761	237	4	on	on	ADP
ajfa-11761	237	5	assets	asset	NOUN
ajfa-11761	237	6	;	;	PUNCT
ajfa-11761	237	7	size	size	NOUN
ajfa-11761	237	8	=	=	SYM
ajfa-11761	237	9	natural	natural	ADJ
ajfa-11761	237	10	logarithm	logarithm	NOUN
ajfa-11761	237	11	of	of	ADP
ajfa-11761	237	12	total	total	ADJ
ajfa-11761	237	13	sales	sale	NOUN
ajfa-11761	237	14	;	;	PUNCT
ajfa-11761	237	15	age	age	NOUN
ajfa-11761	237	16	=	=	NOUN
ajfa-11761	237	17	number	number	NOUN
ajfa-11761	237	18	of	of	ADP
ajfa-11761	237	19	years	year	NOUN
ajfa-11761	237	20	since	since	SCONJ
ajfa-11761	237	21	establishment	establishment	NOUN
ajfa-11761	237	22	table	table	NOUN
ajfa-11761	237	23	4.4	4.4	NUM
ajfa-11761	237	24	.	.	PUNCT
ajfa-11761	238	1	regression	regression	NOUN
ajfa-11761	238	2	results	result	NOUN
ajfa-11761	238	3	of	of	ADP
ajfa-11761	238	4	debt	debt	NOUN
ajfa-11761	238	5	capital	capital	NOUN
ajfa-11761	238	6	and	and	CCONJ
ajfa-11761	238	7	firm	firm	ADJ
ajfa-11761	238	8	performance	performance	NOUN
ajfa-11761	238	9	measured	measure	VERB
ajfa-11761	238	10	by	by	ADP
ajfa-11761	238	11	ros	ros	PROPN
ajfa-11761	238	12	ros	ros	PROPN
ajfa-11761	238	13	coefficient	coefficient	PROPN
ajfa-11761	238	14	std	std	PROPN
ajfa-11761	238	15	.	.	PUNCT
ajfa-11761	239	1	err	err	PROPN
ajfa-11761	239	2	.	.	PUNCT
ajfa-11761	240	1	t	t	PROPN
ajfa-11761	240	2	-	-	PUNCT
ajfa-11761	240	3	statistics	statistic	NOUN
ajfa-11761	240	4	significanc	significanc	VERB
ajfa-11761	240	5	short	short	ADJ
ajfa-11761	240	6	term	term	NOUN
ajfa-11761	240	7	debt	debt	NOUN
ajfa-11761	240	8	-0.1189	-0.1189	NOUN
ajfa-11761	241	1	0.0331	0.0331	NUM
ajfa-11761	241	2	-3.59	-3.59	X
ajfa-11761	241	3	*	*	SYM
ajfa-11761	241	4	*	*	NOUN
ajfa-11761	241	5	0.001	0.001	NUM
ajfa-11761	241	6	long	long	ADJ
ajfa-11761	241	7	term	term	NOUN
ajfa-11761	241	8	debt	debt	NOUN
ajfa-11761	241	9	-0.1719	-0.1719	X
ajfa-11761	241	10	0.0526	0.0526	NUM
ajfa-11761	241	11	-3.27	-3.27	NUM
ajfa-11761	241	12	*	*	PROPN
ajfa-11761	241	13	*	*	PROPN
ajfa-11761	241	14	0.002	0.002	NUM
ajfa-11761	241	15	size	size	NOUN
ajfa-11761	241	16	0.1565	0.1565	NUM
ajfa-11761	241	17	0.054	0.054	NUM
ajfa-11761	241	18	2.90	2.90	NUM
ajfa-11761	241	19	*	*	PUNCT
ajfa-11761	241	20	*	*	NOUN
ajfa-11761	241	21	0.005	0.005	NUM
ajfa-11761	241	22	age	age	NOUN
ajfa-11761	241	23	-0.0089	-0.0089	NOUN
ajfa-11761	241	24	0.0025	0.0025	NUM
ajfa-11761	241	25	-3.55	-3.55	NOUN
ajfa-11761	241	26	*	*	SYM
ajfa-11761	241	27	*	*	NOUN
ajfa-11761	241	28	0.001	0.001	NUM
ajfa-11761	241	29	constant	constant	ADJ
ajfa-11761	241	30	-0.8461	-0.8461	NOUN
ajfa-11761	241	31	0.4199	0.4199	NUM
ajfa-11761	241	32	-2.01	-2.01	NOUN
ajfa-11761	241	33	*	*	PUNCT
ajfa-11761	241	34	*	*	PROPN
ajfa-11761	241	35	0.047	0.047	NUM
ajfa-11761	241	36	r2	r2	NOUN
ajfa-11761	241	37	within	within	ADP
ajfa-11761	241	38	0.3007	0.3007	NUM
ajfa-11761	241	39	r2	r2	NOUN
ajfa-11761	241	40	within	within	ADP
ajfa-11761	241	41	0.0013	0.0013	NUM
ajfa-11761	241	42	r2	r2	NOUN
ajfa-11761	241	43	overall	overall	ADV
ajfa-11761	241	44	0.0007	0.0007	NUM
ajfa-11761	241	45	sigma	sigma	VERB
ajfa-11761	241	46	u	u	PROPN
ajfa-11761	241	47	0.3305	0.3305	NUM
ajfa-11761	241	48	sigma	sigma	NOUN
ajfa-11761	241	49	e	e	SYM
ajfa-11761	241	50	0.0234	0.0234	NUM
ajfa-11761	241	51	rho	rho	ADJ
ajfa-11761	241	52	0.9950	0.9950	NUM
ajfa-11761	241	53	prob	prob	NOUN
ajfa-11761	241	54	>	>	X
ajfa-11761	241	55	f	f	PROPN
ajfa-11761	241	56	0.0000	0.0000	NUM
ajfa-11761	241	57	notes	note	VERB
ajfa-11761	241	58	:	:	PUNCT
ajfa-11761	241	59	*	*	PUNCT
ajfa-11761	241	60	*	*	PUNCT
ajfa-11761	241	61	significant	significant	ADJ
ajfa-11761	241	62	at	at	ADP
ajfa-11761	241	63	5	5	NUM
ajfa-11761	241	64	percent	percent	NOUN
ajfa-11761	241	65	level	level	NOUN
ajfa-11761	241	66	.	.	PUNCT
ajfa-11761	242	1	roa	roa	PROPN
ajfa-11761	242	2	=	=	PUNCT
ajfa-11761	242	3	return	return	NOUN
ajfa-11761	242	4	on	on	ADP
ajfa-11761	242	5	assets	asset	NOUN
ajfa-11761	242	6	;	;	PUNCT
ajfa-11761	242	7	size	size	NOUN
ajfa-11761	242	8	=	=	SYM
ajfa-11761	242	9	natural	natural	ADJ
ajfa-11761	242	10	logarithm	logarithm	NOUN
ajfa-11761	242	11	of	of	ADP
ajfa-11761	242	12	total	total	ADJ
ajfa-11761	242	13	sales	sale	NOUN
ajfa-11761	242	14	;	;	PUNCT
ajfa-11761	242	15	age	age	NOUN
ajfa-11761	242	16	=	=	NOUN
ajfa-11761	242	17	number	number	NOUN
ajfa-11761	242	18	of	of	ADP
ajfa-11761	242	19	years	year	NOUN
ajfa-11761	242	20	since	since	SCONJ
ajfa-11761	242	21	establishment	establishment	NOUN
ajfa-11761	242	22	.	.	PUNCT
ajfa-11761	243	1	asian	asian	ADJ
ajfa-11761	243	2	journal	journal	PROPN
ajfa-11761	243	3	of	of	ADP
ajfa-11761	243	4	finance	finance	PROPN
ajfa-11761	243	5	&	&	CCONJ
ajfa-11761	243	6	accounting	accounting	PROPN
ajfa-11761	243	7	issn	issn	PROPN
ajfa-11761	243	8	1946	1946	NUM
ajfa-11761	243	9	-	-	PUNCT
ajfa-11761	243	10	052x	052x	PROPN
ajfa-11761	243	11	2017	2017	NUM
ajfa-11761	243	12	,	,	PUNCT
ajfa-11761	243	13	vol	vol	NOUN
ajfa-11761	243	14	.	.	NOUN
ajfa-11761	243	15	9	9	NUM
ajfa-11761	243	16	,	,	PUNCT
ajfa-11761	243	17	no	no	NOUN
ajfa-11761	243	18	.	.	NOUN
ajfa-11761	243	19	2	2	NUM
ajfa-11761	243	20	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	243	21	118	118	NUM
ajfa-11761	243	22	4.2	4.2	NUM
ajfa-11761	243	23	analysis	analysis	NOUN
ajfa-11761	243	24	of	of	ADP
ajfa-11761	243	25	sri	sri	PROPN
ajfa-11761	243	26	lanka	lanka	PROPN
ajfa-11761	243	27	’s	’s	PART
ajfa-11761	243	28	dataset	dataset	PROPN
ajfa-11761	243	29	table	table	NOUN
ajfa-11761	243	30	4.5	4.5	NUM
ajfa-11761	243	31	below	below	ADP
ajfa-11761	243	32	presents	present	VERB
ajfa-11761	243	33	the	the	DET
ajfa-11761	243	34	summary	summary	NOUN
ajfa-11761	243	35	of	of	ADP
ajfa-11761	243	36	the	the	DET
ajfa-11761	243	37	descriptive	descriptive	ADJ
ajfa-11761	243	38	statistics	statistic	NOUN
ajfa-11761	243	39	of	of	ADP
ajfa-11761	243	40	both	both	CCONJ
ajfa-11761	243	41	the	the	DET
ajfa-11761	243	42	dependent	dependent	ADJ
ajfa-11761	243	43	and	and	CCONJ
ajfa-11761	243	44	independent	independent	ADJ
ajfa-11761	243	45	variables.the	variables.the	DET
ajfa-11761	243	46	sri	sri	PROPN
ajfa-11761	243	47	lankan	lankan	PROPN
ajfa-11761	243	48	companies	company	NOUN
ajfa-11761	243	49	are	be	AUX
ajfa-11761	243	50	characterized	characterize	VERB
ajfa-11761	243	51	by	by	ADP
ajfa-11761	243	52	an	an	DET
ajfa-11761	243	53	average	average	ADJ
ajfa-11761	243	54	age	age	NOUN
ajfa-11761	243	55	of	of	ADP
ajfa-11761	243	56	approximately	approximately	ADV
ajfa-11761	243	57	59	59	NUM
ajfa-11761	243	58	years	year	NOUN
ajfa-11761	243	59	.	.	PUNCT
ajfa-11761	244	1	this	this	PRON
ajfa-11761	244	2	shows	show	VERB
ajfa-11761	244	3	that	that	SCONJ
ajfa-11761	244	4	the	the	DET
ajfa-11761	244	5	companies	company	NOUN
ajfa-11761	244	6	operating	operate	VERB
ajfa-11761	244	7	in	in	ADP
ajfa-11761	244	8	the	the	DET
ajfa-11761	244	9	retail	retail	ADJ
ajfa-11761	244	10	industry	industry	NOUN
ajfa-11761	244	11	of	of	ADP
ajfa-11761	244	12	sri	sri	PROPN
ajfa-11761	244	13	lanka	lanka	PROPN
ajfa-11761	244	14	are	be	AUX
ajfa-11761	244	15	generally	generally	ADV
ajfa-11761	244	16	old	old	ADJ
ajfa-11761	244	17	and	and	CCONJ
ajfa-11761	244	18	well	well	ADV
ajfa-11761	244	19	established	establish	VERB
ajfa-11761	244	20	in	in	ADP
ajfa-11761	244	21	the	the	DET
ajfa-11761	244	22	market	market	NOUN
ajfa-11761	244	23	.	.	PUNCT
ajfa-11761	245	1	the	the	DET
ajfa-11761	245	2	mean	mean	ADJ
ajfa-11761	245	3	size	size	NOUN
ajfa-11761	245	4	is	be	AUX
ajfa-11761	245	5	around	around	ADP
ajfa-11761	245	6	9.5	9.5	NUM
ajfa-11761	245	7	,	,	PUNCT
ajfa-11761	245	8	and	and	CCONJ
ajfa-11761	245	9	thus	thus	ADV
ajfa-11761	245	10	indicating	indicate	VERB
ajfa-11761	245	11	that	that	SCONJ
ajfa-11761	245	12	the	the	DET
ajfa-11761	245	13	sampled	sample	VERB
ajfa-11761	245	14	companies	company	NOUN
ajfa-11761	245	15	are	be	AUX
ajfa-11761	245	16	fairly	fairly	ADV
ajfa-11761	245	17	and	and	CCONJ
ajfa-11761	245	18	generally	generally	ADV
ajfa-11761	245	19	large	large	ADJ
ajfa-11761	245	20	.	.	PUNCT
ajfa-11761	246	1	the	the	DET
ajfa-11761	246	2	average	average	ADJ
ajfa-11761	246	3	size	size	NOUN
ajfa-11761	246	4	and	and	CCONJ
ajfa-11761	246	5	age	age	NOUN
ajfa-11761	246	6	of	of	ADP
ajfa-11761	246	7	the	the	DET
ajfa-11761	246	8	sampled	sample	VERB
ajfa-11761	246	9	companies	company	NOUN
ajfa-11761	246	10	indicate	indicate	VERB
ajfa-11761	246	11	that	that	SCONJ
ajfa-11761	246	12	they	they	PRON
ajfa-11761	246	13	have	have	AUX
ajfa-11761	246	14	reached	reach	VERB
ajfa-11761	246	15	a	a	DET
ajfa-11761	246	16	significant	significant	ADJ
ajfa-11761	246	17	scale	scale	NOUN
ajfa-11761	246	18	of	of	ADP
ajfa-11761	246	19	operations	operation	NOUN
ajfa-11761	246	20	.	.	PUNCT
ajfa-11761	247	1	the	the	DET
ajfa-11761	247	2	profits	profit	NOUN
ajfa-11761	247	3	achieved	achieve	VERB
ajfa-11761	247	4	by	by	ADP
ajfa-11761	247	5	companies	company	NOUN
ajfa-11761	247	6	in	in	ADP
ajfa-11761	247	7	this	this	DET
ajfa-11761	247	8	sector	sector	NOUN
ajfa-11761	247	9	are	be	AUX
ajfa-11761	247	10	not	not	PART
ajfa-11761	247	11	high	high	ADJ
ajfa-11761	247	12	,	,	PUNCT
ajfa-11761	247	13	as	as	SCONJ
ajfa-11761	247	14	shown	show	VERB
ajfa-11761	247	15	by	by	ADP
ajfa-11761	247	16	mean	mean	ADJ
ajfa-11761	247	17	values	value	NOUN
ajfa-11761	247	18	of	of	ADP
ajfa-11761	247	19	roa	roa	PROPN
ajfa-11761	247	20	and	and	CCONJ
ajfa-11761	247	21	ros	ros	PROPN
ajfa-11761	247	22	.	.	PROPN
ajfa-11761	247	23	roa	roa	PROPN
ajfa-11761	247	24	show	show	VERB
ajfa-11761	247	25	that	that	SCONJ
ajfa-11761	247	26	companies	company	NOUN
ajfa-11761	247	27	make	make	VERB
ajfa-11761	247	28	returns	return	NOUN
ajfa-11761	247	29	of	of	ADP
ajfa-11761	247	30	approximately	approximately	ADV
ajfa-11761	247	31	6.7	6.7	NUM
ajfa-11761	247	32	%	%	NOUN
ajfa-11761	247	33	from	from	ADP
ajfa-11761	247	34	their	their	PRON
ajfa-11761	247	35	investments	investment	NOUN
ajfa-11761	247	36	in	in	ADP
ajfa-11761	247	37	assets	asset	NOUN
ajfa-11761	247	38	,	,	PUNCT
ajfa-11761	247	39	while	while	SCONJ
ajfa-11761	247	40	ros	ros	PROPN
ajfa-11761	247	41	show	show	VERB
ajfa-11761	247	42	that	that	SCONJ
ajfa-11761	247	43	they	they	PRON
ajfa-11761	247	44	gain	gain	VERB
ajfa-11761	247	45	almost	almost	ADV
ajfa-11761	247	46	13	13	NUM
ajfa-11761	247	47	%	%	NOUN
ajfa-11761	247	48	from	from	ADP
ajfa-11761	247	49	their	their	PRON
ajfa-11761	247	50	total	total	ADJ
ajfa-11761	247	51	sales	sale	NOUN
ajfa-11761	247	52	.	.	PUNCT
ajfa-11761	248	1	the	the	DET
ajfa-11761	248	2	statistics	statistic	NOUN
ajfa-11761	248	3	below	below	ADV
ajfa-11761	248	4	reveal	reveal	VERB
ajfa-11761	248	5	that	that	SCONJ
ajfa-11761	248	6	the	the	DET
ajfa-11761	248	7	sampled	sampled	ADJ
ajfa-11761	248	8	companies	company	NOUN
ajfa-11761	248	9	prefer	prefer	VERB
ajfa-11761	248	10	to	to	PART
ajfa-11761	248	11	finance	finance	VERB
ajfa-11761	248	12	their	their	PRON
ajfa-11761	248	13	assets	asset	NOUN
ajfa-11761	248	14	using	use	VERB
ajfa-11761	248	15	more	more	ADJ
ajfa-11761	248	16	short	short	ADJ
ajfa-11761	248	17	-	-	PUNCT
ajfa-11761	248	18	term	term	NOUN
ajfa-11761	248	19	debt	debt	NOUN
ajfa-11761	248	20	over	over	ADP
ajfa-11761	248	21	long	long	ADJ
ajfa-11761	248	22	-	-	PUNCT
ajfa-11761	248	23	term	term	NOUN
ajfa-11761	248	24	debt	debt	NOUN
ajfa-11761	248	25	.	.	PUNCT
ajfa-11761	249	1	approximately	approximately	ADV
ajfa-11761	249	2	37	37	NUM
ajfa-11761	249	3	%	%	NOUN
ajfa-11761	249	4	of	of	ADP
ajfa-11761	249	5	total	total	ADJ
ajfa-11761	249	6	assets	asset	NOUN
ajfa-11761	249	7	of	of	ADP
ajfa-11761	249	8	the	the	DET
ajfa-11761	249	9	sampled	sample	VERB
ajfa-11761	249	10	companies	company	NOUN
ajfa-11761	249	11	were	be	AUX
ajfa-11761	249	12	on	on	ADP
ajfa-11761	249	13	average	average	ADJ
ajfa-11761	249	14	financed	finance	VERB
ajfa-11761	249	15	using	use	VERB
ajfa-11761	249	16	short	short	ADJ
ajfa-11761	249	17	-	-	PUNCT
ajfa-11761	249	18	term	term	NOUN
ajfa-11761	249	19	debt	debt	NOUN
ajfa-11761	249	20	,	,	PUNCT
ajfa-11761	249	21	while	while	SCONJ
ajfa-11761	249	22	long	long	ADJ
ajfa-11761	249	23	-	-	PUNCT
ajfa-11761	249	24	term	term	NOUN
ajfa-11761	249	25	debt	debt	NOUN
ajfa-11761	249	26	was	be	AUX
ajfa-11761	249	27	only	only	ADV
ajfa-11761	249	28	used	use	VERB
ajfa-11761	249	29	to	to	PART
ajfa-11761	249	30	finance	finance	VERB
ajfa-11761	249	31	approximately	approximately	ADV
ajfa-11761	249	32	7	7	NUM
ajfa-11761	249	33	%	%	NOUN
ajfa-11761	249	34	of	of	ADP
ajfa-11761	249	35	the	the	DET
ajfa-11761	249	36	total	total	ADJ
ajfa-11761	249	37	assets	asset	NOUN
ajfa-11761	249	38	.	.	PUNCT
ajfa-11761	250	1	the	the	DET
ajfa-11761	250	2	total	total	ADJ
ajfa-11761	250	3	debt	debt	NOUN
ajfa-11761	250	4	financing	financing	NOUN
ajfa-11761	250	5	of	of	ADP
ajfa-11761	250	6	the	the	DET
ajfa-11761	250	7	sri	sri	ADJ
ajfa-11761	250	8	lankan	lankan	PROPN
ajfa-11761	250	9	companies	company	NOUN
ajfa-11761	250	10	in	in	ADP
ajfa-11761	250	11	this	this	DET
ajfa-11761	250	12	sector	sector	NOUN
ajfa-11761	250	13	adds	add	VERB
ajfa-11761	250	14	up	up	ADP
ajfa-11761	250	15	to	to	ADP
ajfa-11761	250	16	more	more	ADV
ajfa-11761	250	17	or	or	CCONJ
ajfa-11761	250	18	less	less	ADJ
ajfa-11761	250	19	than	than	ADP
ajfa-11761	250	20	44	44	NUM
ajfa-11761	250	21	%	%	NOUN
ajfa-11761	250	22	,	,	PUNCT
ajfa-11761	250	23	which	which	PRON
ajfa-11761	250	24	means	mean	VERB
ajfa-11761	250	25	debt	debt	NOUN
ajfa-11761	250	26	as	as	ADP
ajfa-11761	250	27	a	a	DET
ajfa-11761	250	28	means	means	NOUN
ajfa-11761	250	29	of	of	ADP
ajfa-11761	250	30	financing	financing	NOUN
ajfa-11761	250	31	is	be	AUX
ajfa-11761	250	32	least	least	ADV
ajfa-11761	250	33	preferred	prefer	VERB
ajfa-11761	250	34	by	by	ADP
ajfa-11761	250	35	sri	sri	ADJ
ajfa-11761	250	36	lankan	lankan	PROPN
ajfa-11761	250	37	firms	firm	NOUN
ajfa-11761	250	38	as	as	SCONJ
ajfa-11761	250	39	they	they	PRON
ajfa-11761	250	40	only	only	ADV
ajfa-11761	250	41	use	use	VERB
ajfa-11761	250	42	it	it	PRON
ajfa-11761	250	43	to	to	PART
ajfa-11761	250	44	finance	finance	VERB
ajfa-11761	250	45	less	less	ADJ
ajfa-11761	250	46	than	than	ADP
ajfa-11761	250	47	half	half	NOUN
ajfa-11761	250	48	of	of	ADP
ajfa-11761	250	49	their	their	PRON
ajfa-11761	250	50	total	total	ADJ
ajfa-11761	250	51	assets	asset	NOUN
ajfa-11761	250	52	.	.	PUNCT
ajfa-11761	251	1	this	this	PRON
ajfa-11761	251	2	also	also	ADV
ajfa-11761	251	3	indicates	indicate	VERB
ajfa-11761	251	4	slight	slight	ADJ
ajfa-11761	251	5	preference	preference	NOUN
ajfa-11761	251	6	by	by	ADP
ajfa-11761	251	7	the	the	DET
ajfa-11761	251	8	sampled	sample	VERB
ajfa-11761	251	9	companies	company	NOUN
ajfa-11761	251	10	to	to	PART
ajfa-11761	251	11	use	use	VERB
ajfa-11761	251	12	internal	internal	ADJ
ajfa-11761	251	13	financial	financial	ADJ
ajfa-11761	251	14	sources	source	NOUN
ajfa-11761	251	15	(	(	PUNCT
ajfa-11761	251	16	i.e.	i.e.	X
ajfa-11761	251	17	equity	equity	NOUN
ajfa-11761	251	18	capital	capital	NOUN
ajfa-11761	251	19	and	and	CCONJ
ajfa-11761	251	20	retained	retain	VERB
ajfa-11761	251	21	earnings	earning	NOUN
ajfa-11761	251	22	)	)	PUNCT
ajfa-11761	251	23	as	as	SCONJ
ajfa-11761	251	24	opposed	oppose	VERB
ajfa-11761	251	25	to	to	ADP
ajfa-11761	251	26	external	external	ADJ
ajfa-11761	251	27	funding	funding	NOUN
ajfa-11761	251	28	.	.	PUNCT
ajfa-11761	252	1	funding	fund	VERB
ajfa-11761	252	2	other	other	ADJ
ajfa-11761	252	3	than	than	ADP
ajfa-11761	252	4	external	external	ADJ
ajfa-11761	252	5	financing	financing	NOUN
ajfa-11761	252	6	is	be	AUX
ajfa-11761	252	7	used	use	VERB
ajfa-11761	252	8	to	to	PART
ajfa-11761	252	9	finance	finance	VERB
ajfa-11761	252	10	approximately	approximately	ADV
ajfa-11761	252	11	56	56	NUM
ajfa-11761	252	12	%	%	NOUN
ajfa-11761	252	13	of	of	ADP
ajfa-11761	252	14	the	the	DET
ajfa-11761	252	15	total	total	ADJ
ajfa-11761	252	16	assets	asset	NOUN
ajfa-11761	252	17	.	.	PUNCT
ajfa-11761	253	1	although	although	SCONJ
ajfa-11761	253	2	the	the	DET
ajfa-11761	253	3	difference	difference	NOUN
ajfa-11761	253	4	in	in	ADP
ajfa-11761	253	5	percentages	percentage	NOUN
ajfa-11761	253	6	between	between	ADP
ajfa-11761	253	7	debt	debt	NOUN
ajfa-11761	253	8	use	use	NOUN
ajfa-11761	253	9	and	and	CCONJ
ajfa-11761	253	10	equity	equity	NOUN
ajfa-11761	253	11	use	use	NOUN
ajfa-11761	253	12	is	be	AUX
ajfa-11761	253	13	not	not	PART
ajfa-11761	253	14	too	too	ADV
ajfa-11761	253	15	high	high	ADJ
ajfa-11761	253	16	(	(	PUNCT
ajfa-11761	253	17	approximately	approximately	ADV
ajfa-11761	253	18	12	12	NUM
ajfa-11761	253	19	%	%	NOUN
ajfa-11761	253	20	)	)	PUNCT
ajfa-11761	253	21	,	,	PUNCT
ajfa-11761	253	22	it	it	PRON
ajfa-11761	253	23	is	be	AUX
ajfa-11761	253	24	clear	clear	ADJ
ajfa-11761	253	25	from	from	ADP
ajfa-11761	253	26	the	the	DET
ajfa-11761	253	27	descriptive	descriptive	ADJ
ajfa-11761	253	28	statistics	statistic	NOUN
ajfa-11761	253	29	that	that	PRON
ajfa-11761	253	30	sri	sri	PROPN
ajfa-11761	253	31	lanka	lanka	PROPN
ajfa-11761	253	32	retail	retail	PROPN
ajfa-11761	253	33	companies	company	NOUN
ajfa-11761	253	34	prefer	prefer	VERB
ajfa-11761	253	35	to	to	PART
ajfa-11761	253	36	use	use	VERB
ajfa-11761	253	37	internal	internal	ADJ
ajfa-11761	253	38	funds	fund	NOUN
ajfa-11761	253	39	more	more	ADJ
ajfa-11761	253	40	than	than	ADP
ajfa-11761	253	41	external	external	ADJ
ajfa-11761	253	42	ones	one	NOUN
ajfa-11761	253	43	(	(	PUNCT
ajfa-11761	253	44	i.e.	i.e.	X
ajfa-11761	253	45	,	,	PUNCT
ajfa-11761	253	46	debt	debt	NOUN
ajfa-11761	253	47	financing	financing	NOUN
ajfa-11761	253	48	)	)	PUNCT
ajfa-11761	253	49	.	.	PUNCT
ajfa-11761	254	1	just	just	ADV
ajfa-11761	254	2	as	as	SCONJ
ajfa-11761	254	3	is	be	AUX
ajfa-11761	254	4	the	the	DET
ajfa-11761	254	5	case	case	NOUN
ajfa-11761	254	6	in	in	ADP
ajfa-11761	254	7	south	south	ADJ
ajfa-11761	254	8	african	african	ADJ
ajfa-11761	254	9	companies	company	NOUN
ajfa-11761	254	10	,	,	PUNCT
ajfa-11761	254	11	sri	sri	ADJ
ajfa-11761	254	12	lankan	lankan	ADJ
ajfa-11761	254	13	firms	firm	NOUN
ajfa-11761	254	14	prefer	prefer	VERB
ajfa-11761	254	15	to	to	PART
ajfa-11761	254	16	use	use	VERB
ajfa-11761	254	17	short	short	ADJ
ajfa-11761	254	18	-	-	PUNCT
ajfa-11761	254	19	term	term	NOUN
ajfa-11761	254	20	debt	debt	NOUN
ajfa-11761	254	21	over	over	ADP
ajfa-11761	254	22	long	long	ADJ
ajfa-11761	254	23	-	-	PUNCT
ajfa-11761	254	24	term	term	NOUN
ajfa-11761	254	25	debt	debt	NOUN
ajfa-11761	254	26	,	,	PUNCT
ajfa-11761	254	27	and	and	CCONJ
ajfa-11761	254	28	this	this	PRON
ajfa-11761	254	29	could	could	AUX
ajfa-11761	254	30	be	be	AUX
ajfa-11761	254	31	due	due	ADJ
ajfa-11761	254	32	to	to	ADP
ajfa-11761	254	33	the	the	DET
ajfa-11761	254	34	ease	ease	NOUN
ajfa-11761	254	35	of	of	ADP
ajfa-11761	254	36	access	access	NOUN
ajfa-11761	254	37	of	of	ADP
ajfa-11761	254	38	short	short	ADJ
ajfa-11761	254	39	-	-	PUNCT
ajfa-11761	254	40	term	term	NOUN
ajfa-11761	254	41	debt	debt	NOUN
ajfa-11761	254	42	as	as	SCONJ
ajfa-11761	254	43	opposed	oppose	VERB
ajfa-11761	254	44	to	to	ADP
ajfa-11761	254	45	long	long	ADJ
ajfa-11761	254	46	-	-	PUNCT
ajfa-11761	254	47	term	term	NOUN
ajfa-11761	254	48	debt	debt	NOUN
ajfa-11761	254	49	which	which	PRON
ajfa-11761	254	50	usually	usually	ADV
ajfa-11761	254	51	has	have	VERB
ajfa-11761	254	52	unattractive	unattractive	ADJ
ajfa-11761	254	53	terms	term	NOUN
ajfa-11761	254	54	and	and	CCONJ
ajfa-11761	254	55	conditions	condition	NOUN
ajfa-11761	254	56	for	for	ADP
ajfa-11761	254	57	businesses	business	NOUN
ajfa-11761	254	58	.	.	PUNCT
ajfa-11761	255	1	the	the	DET
ajfa-11761	255	2	use	use	NOUN
ajfa-11761	255	3	of	of	ADP
ajfa-11761	255	4	short	short	ADJ
ajfa-11761	255	5	-	-	PUNCT
ajfa-11761	255	6	term	term	NOUN
ajfa-11761	255	7	debt	debt	NOUN
ajfa-11761	255	8	is	be	AUX
ajfa-11761	255	9	to	to	PART
ajfa-11761	255	10	be	be	AUX
ajfa-11761	255	11	expected	expect	VERB
ajfa-11761	255	12	,	,	PUNCT
ajfa-11761	255	13	as	as	SCONJ
ajfa-11761	255	14	working	work	VERB
ajfa-11761	255	15	capital	capital	NOUN
ajfa-11761	255	16	loans	loan	NOUN
ajfa-11761	255	17	are	be	AUX
ajfa-11761	255	18	better	well	ADV
ajfa-11761	255	19	secured	secured	ADJ
ajfa-11761	255	20	and	and	CCONJ
ajfa-11761	255	21	less	less	ADV
ajfa-11761	255	22	risky	risky	ADJ
ajfa-11761	255	23	than	than	ADP
ajfa-11761	255	24	fixed	fix	VERB
ajfa-11761	255	25	investment	investment	NOUN
ajfa-11761	255	26	loans	loan	NOUN
ajfa-11761	255	27	(	(	PUNCT
ajfa-11761	255	28	yazdanfar	yazdanfar	ADV
ajfa-11761	255	29	and	and	CCONJ
ajfa-11761	255	30	öhman	öhman	NOUN
ajfa-11761	255	31	;	;	PUNCT
ajfa-11761	255	32	2015	2015	NUM
ajfa-11761	255	33	)	)	PUNCT
ajfa-11761	255	34	.	.	PUNCT
ajfa-11761	256	1	the	the	DET
ajfa-11761	256	2	descriptive	descriptive	ADJ
ajfa-11761	256	3	statistics	statistic	NOUN
ajfa-11761	256	4	below	below	ADV
ajfa-11761	256	5	indicate	indicate	VERB
ajfa-11761	256	6	that	that	DET
ajfa-11761	256	7	profitability	profitability	NOUN
ajfa-11761	256	8	of	of	ADP
ajfa-11761	256	9	the	the	DET
ajfa-11761	256	10	sampled	sample	VERB
ajfa-11761	256	11	companies	company	NOUN
ajfa-11761	256	12	(	(	PUNCT
ajfa-11761	256	13	as	as	SCONJ
ajfa-11761	256	14	measured	measure	VERB
ajfa-11761	256	15	by	by	ADP
ajfa-11761	256	16	roa	roa	PROPN
ajfa-11761	256	17	and	and	CCONJ
ajfa-11761	256	18	ros	ros	PROPN
ajfa-11761	256	19	)	)	PUNCT
ajfa-11761	256	20	as	as	ADV
ajfa-11761	256	21	well	well	ADV
ajfa-11761	256	22	as	as	ADP
ajfa-11761	256	23	long	long	ADJ
ajfa-11761	256	24	-	-	PUNCT
ajfa-11761	256	25	term	term	NOUN
ajfa-11761	256	26	debt	debt	NOUN
ajfa-11761	256	27	are	be	AUX
ajfa-11761	256	28	highly	highly	ADV
ajfa-11761	256	29	volatile	volatile	ADJ
ajfa-11761	256	30	,	,	PUNCT
ajfa-11761	256	31	as	as	SCONJ
ajfa-11761	256	32	the	the	DET
ajfa-11761	256	33	standard	standard	ADJ
ajfa-11761	256	34	deviations	deviation	NOUN
ajfa-11761	256	35	of	of	ADP
ajfa-11761	256	36	these	these	DET
ajfa-11761	256	37	variables	variable	NOUN
ajfa-11761	256	38	are	be	AUX
ajfa-11761	256	39	greater	great	ADJ
ajfa-11761	256	40	than	than	ADP
ajfa-11761	256	41	their	their	PRON
ajfa-11761	256	42	mean	mean	ADJ
ajfa-11761	256	43	values	value	NOUN
ajfa-11761	256	44	.	.	PUNCT
ajfa-11761	257	1	however	however	ADV
ajfa-11761	257	2	,	,	PUNCT
ajfa-11761	257	3	levels	level	NOUN
ajfa-11761	257	4	of	of	ADP
ajfa-11761	257	5	short	short	ADJ
ajfa-11761	257	6	-	-	PUNCT
ajfa-11761	257	7	term	term	NOUN
ajfa-11761	257	8	debt	debt	NOUN
ajfa-11761	257	9	,	,	PUNCT
ajfa-11761	257	10	size	size	NOUN
ajfa-11761	257	11	and	and	CCONJ
ajfa-11761	257	12	age	age	NOUN
ajfa-11761	257	13	indicate	indicate	VERB
ajfa-11761	257	14	that	that	SCONJ
ajfa-11761	257	15	they	they	PRON
ajfa-11761	257	16	are	be	AUX
ajfa-11761	257	17	less	less	ADV
ajfa-11761	257	18	volatile	volatile	ADJ
ajfa-11761	257	19	,	,	PUNCT
ajfa-11761	257	20	and	and	CCONJ
ajfa-11761	257	21	thereby	thereby	ADV
ajfa-11761	257	22	showing	show	VERB
ajfa-11761	257	23	the	the	DET
ajfa-11761	257	24	quality	quality	NOUN
ajfa-11761	257	25	of	of	ADP
ajfa-11761	257	26	being	be	AUX
ajfa-11761	257	27	similar	similar	ADJ
ajfa-11761	257	28	or	or	CCONJ
ajfa-11761	257	29	comparable	comparable	ADJ
ajfa-11761	257	30	in	in	ADP
ajfa-11761	257	31	nature	nature	NOUN
ajfa-11761	257	32	(	(	PUNCT
ajfa-11761	257	33	homogeneousness	homogeneousness	NOUN
ajfa-11761	257	34	)	)	PUNCT
ajfa-11761	257	35	of	of	ADP
ajfa-11761	257	36	the	the	DET
ajfa-11761	257	37	sampled	sample	VERB
ajfa-11761	257	38	companies	company	NOUN
ajfa-11761	257	39	.	.	PUNCT
ajfa-11761	258	1	asian	asian	ADJ
ajfa-11761	258	2	journal	journal	PROPN
ajfa-11761	258	3	of	of	ADP
ajfa-11761	258	4	finance	finance	PROPN
ajfa-11761	258	5	&	&	CCONJ
ajfa-11761	258	6	accounting	accounting	PROPN
ajfa-11761	258	7	issn	issn	PROPN
ajfa-11761	258	8	1946	1946	NUM
ajfa-11761	258	9	-	-	PUNCT
ajfa-11761	258	10	052x	052x	PROPN
ajfa-11761	258	11	2017	2017	NUM
ajfa-11761	258	12	,	,	PUNCT
ajfa-11761	258	13	vol	vol	NOUN
ajfa-11761	258	14	.	.	NOUN
ajfa-11761	258	15	9	9	NUM
ajfa-11761	258	16	,	,	PUNCT
ajfa-11761	258	17	no	no	INTJ
ajfa-11761	258	18	.	.	NOUN
ajfa-11761	258	19	2	2	NUM
ajfa-11761	258	20	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	258	21	119	119	NUM
ajfa-11761	258	22	table	table	NOUN
ajfa-11761	258	23	4.5	4.5	NUM
ajfa-11761	258	24	.	.	PUNCT
ajfa-11761	259	1	descriptive	descriptive	ADJ
ajfa-11761	259	2	statistics	statistic	NOUN
ajfa-11761	259	3	for	for	ADP
ajfa-11761	259	4	the	the	DET
ajfa-11761	259	5	dependent	dependent	ADJ
ajfa-11761	259	6	and	and	CCONJ
ajfa-11761	259	7	independent	independent	ADJ
ajfa-11761	259	8	variables	variable	NOUN
ajfa-11761	259	9	roa	roa	PROPN
ajfa-11761	259	10	=	=	PRON
ajfa-11761	259	11	return	return	VERB
ajfa-11761	259	12	on	on	ADP
ajfa-11761	259	13	assets	asset	NOUN
ajfa-11761	259	14	;	;	PUNCT
ajfa-11761	259	15	ros	ros	PROPN
ajfa-11761	259	16	=	=	PUNCT
ajfa-11761	259	17	return	return	VERB
ajfa-11761	259	18	on	on	ADP
ajfa-11761	259	19	sales	sale	NOUN
ajfa-11761	259	20	;	;	PUNCT
ajfa-11761	259	21	std	std	NOUN
ajfa-11761	259	22	=	=	SYM
ajfa-11761	259	23	short	short	ADJ
ajfa-11761	259	24	-	-	PUNCT
ajfa-11761	259	25	term	term	NOUN
ajfa-11761	259	26	debt	debt	NOUN
ajfa-11761	259	27	;	;	PUNCT
ajfa-11761	259	28	ltd	ltd	ADJ
ajfa-11761	259	29	=	=	SYM
ajfa-11761	259	30	long	long	ADJ
ajfa-11761	259	31	-	-	PUNCT
ajfa-11761	259	32	term	term	NOUN
ajfa-11761	259	33	debt	debt	NOUN
ajfa-11761	259	34	;	;	PUNCT
ajfa-11761	259	35	size	size	NOUN
ajfa-11761	259	36	=	=	SYM
ajfa-11761	259	37	natural	natural	ADJ
ajfa-11761	259	38	logarithm	logarithm	NOUN
ajfa-11761	259	39	of	of	ADP
ajfa-11761	259	40	total	total	ADJ
ajfa-11761	259	41	sales	sale	NOUN
ajfa-11761	259	42	;	;	PUNCT
ajfa-11761	259	43	age	age	NOUN
ajfa-11761	259	44	=	=	NOUN
ajfa-11761	259	45	number	number	NOUN
ajfa-11761	259	46	of	of	ADP
ajfa-11761	259	47	years	year	NOUN
ajfa-11761	259	48	since	since	SCONJ
ajfa-11761	259	49	establishment	establishment	NOUN
ajfa-11761	259	50	.	.	PUNCT
ajfa-11761	260	1	table	table	NOUN
ajfa-11761	260	2	4.6	4.6	NUM
ajfa-11761	260	3	below	below	ADP
ajfa-11761	260	4	presents	present	VERB
ajfa-11761	260	5	the	the	DET
ajfa-11761	260	6	results	result	NOUN
ajfa-11761	260	7	of	of	ADP
ajfa-11761	260	8	the	the	DET
ajfa-11761	260	9	correlation	correlation	NOUN
ajfa-11761	260	10	analysis	analysis	NOUN
ajfa-11761	260	11	of	of	ADP
ajfa-11761	260	12	the	the	DET
ajfa-11761	260	13	variables	variable	NOUN
ajfa-11761	260	14	using	use	VERB
ajfa-11761	260	15	sri	sri	PROPN
ajfa-11761	260	16	lanka	lanka	PROPN
ajfa-11761	260	17	’s	’s	PART
ajfa-11761	260	18	dataset	dataset	PROPN
ajfa-11761	260	19	.	.	PUNCT
ajfa-11761	261	1	table	table	NOUN
ajfa-11761	261	2	4.6	4.6	NUM
ajfa-11761	261	3	.	.	PUNCT
ajfa-11761	262	1	correlation	correlation	NOUN
ajfa-11761	262	2	of	of	ADP
ajfa-11761	262	3	analyses	analysis	NOUN
ajfa-11761	262	4	of	of	ADP
ajfa-11761	262	5	the	the	DET
ajfa-11761	262	6	variables	variable	NOUN
ajfa-11761	262	7	included	include	VERB
ajfa-11761	262	8	in	in	ADP
ajfa-11761	262	9	the	the	DET
ajfa-11761	262	10	study	study	NOUN
ajfa-11761	262	11	roa	roa	PROPN
ajfa-11761	262	12	ros	ros	PROPN
ajfa-11761	262	13	std	std	PROPN
ajfa-11761	262	14	ltd	ltd	PROPN
ajfa-11761	262	15	size	size	NOUN
ajfa-11761	262	16	age	age	NOUN
ajfa-11761	262	17	roa	roa	PROPN
ajfa-11761	262	18	1	1	NUM
ajfa-11761	262	19	0.575	0.575	NUM
ajfa-11761	262	20	*	*	PUNCT
ajfa-11761	262	21	*	*	PUNCT
ajfa-11761	263	1	-0.041	-0.041	PUNCT
ajfa-11761	263	2	*	*	PUNCT
ajfa-11761	263	3	*	*	PUNCT
ajfa-11761	263	4	-0.162	-0.162	PROPN
ajfa-11761	263	5	*	*	PUNCT
ajfa-11761	263	6	*	*	PUNCT
ajfa-11761	263	7	0.052	0.052	PRON
ajfa-11761	263	8	*	*	PUNCT
ajfa-11761	263	9	*	*	PUNCT
ajfa-11761	263	10	0.073	0.073	NUM
ajfa-11761	263	11	*	*	PUNCT
ajfa-11761	263	12	*	*	PUNCT
ajfa-11761	263	13	ros	ros	PROPN
ajfa-11761	263	14	0.575	0.575	NUM
ajfa-11761	263	15	*	*	SYM
ajfa-11761	263	16	*	*	PROPN
ajfa-11761	263	17	1	1	NUM
ajfa-11761	263	18	-0.1444	-0.1444	NOUN
ajfa-11761	263	19	*	*	NOUN
ajfa-11761	263	20	*	*	X
ajfa-11761	263	21	0.162	0.162	NUM
ajfa-11761	263	22	*	*	PUNCT
ajfa-11761	263	23	*	*	PUNCT
ajfa-11761	264	1	-0.347	-0.347	PUNCT
ajfa-11761	264	2	*	*	PUNCT
ajfa-11761	264	3	*	*	PUNCT
ajfa-11761	265	1	-0.021	-0.021	PUNCT
ajfa-11761	265	2	*	*	PUNCT
ajfa-11761	265	3	*	*	NOUN
ajfa-11761	265	4	std	std	NOUN
ajfa-11761	265	5	-0.041	-0.041	NOUN
ajfa-11761	265	6	*	*	NOUN
ajfa-11761	265	7	*	*	NOUN
ajfa-11761	265	8	-0.1444	-0.1444	X
ajfa-11761	265	9	*	*	PUNCT
ajfa-11761	265	10	*	*	NOUN
ajfa-11761	265	11	1	1	NUM
ajfa-11761	265	12	0.046	0.046	NUM
ajfa-11761	265	13	*	*	PUNCT
ajfa-11761	265	14	*	*	PUNCT
ajfa-11761	265	15	0.294	0.294	NUM
ajfa-11761	265	16	*	*	PUNCT
ajfa-11761	265	17	*	*	PUNCT
ajfa-11761	266	1	-0.415	-0.415	PUNCT
ajfa-11761	266	2	*	*	PUNCT
ajfa-11761	266	3	*	*	PROPN
ajfa-11761	266	4	ltd	ltd	ADJ
ajfa-11761	266	5	-0.162	-0.162	PROPN
ajfa-11761	266	6	*	*	NOUN
ajfa-11761	266	7	*	*	ADJ
ajfa-11761	266	8	-0.162	-0.162	PROPN
ajfa-11761	266	9	*	*	PUNCT
ajfa-11761	266	10	*	*	PUNCT
ajfa-11761	266	11	0.046	0.046	NUM
ajfa-11761	266	12	*	*	PUNCT
ajfa-11761	266	13	*	*	PUNCT
ajfa-11761	266	14	1	1	NUM
ajfa-11761	266	15	0.141	0.141	NUM
ajfa-11761	266	16	*	*	PUNCT
ajfa-11761	266	17	*	*	PUNCT
ajfa-11761	266	18	-0.195	-0.195	PROPN
ajfa-11761	266	19	*	*	PUNCT
ajfa-11761	266	20	*	*	NOUN
ajfa-11761	266	21	size	size	NOUN
ajfa-11761	266	22	0.052	0.052	PRON
ajfa-11761	266	23	*	*	PUNCT
ajfa-11761	266	24	*	*	PUNCT
ajfa-11761	267	1	-0.347	-0.347	PUNCT
ajfa-11761	267	2	*	*	PUNCT
ajfa-11761	267	3	*	*	PUNCT
ajfa-11761	267	4	0.294	0.294	NUM
ajfa-11761	267	5	*	*	PUNCT
ajfa-11761	267	6	*	*	PUNCT
ajfa-11761	267	7	0.141	0.141	NUM
ajfa-11761	267	8	*	*	SYM
ajfa-11761	267	9	*	*	NOUN
ajfa-11761	267	10	1	1	NUM
ajfa-11761	267	11	0.140	0.140	NUM
ajfa-11761	267	12	*	*	PUNCT
ajfa-11761	267	13	*	*	NOUN
ajfa-11761	267	14	age	age	NOUN
ajfa-11761	267	15	0.073	0.073	NUM
ajfa-11761	267	16	*	*	NOUN
ajfa-11761	267	17	*	*	PUNCT
ajfa-11761	268	1	-0.021	-0.021	NOUN
ajfa-11761	268	2	*	*	PUNCT
ajfa-11761	268	3	*	*	PUNCT
ajfa-11761	269	1	-0.415	-0.415	ADJ
ajfa-11761	269	2	*	*	PUNCT
ajfa-11761	269	3	*	*	PUNCT
ajfa-11761	269	4	-0.195	-0.195	PROPN
ajfa-11761	269	5	*	*	PUNCT
ajfa-11761	269	6	*	*	NOUN
ajfa-11761	269	7	0.140	0.140	NUM
ajfa-11761	269	8	*	*	NOUN
ajfa-11761	269	9	*	*	SYM
ajfa-11761	269	10	1	1	NUM
ajfa-11761	269	11	notes	note	NOUN
ajfa-11761	269	12	:	:	PUNCT
ajfa-11761	269	13	*	*	PUNCT
ajfa-11761	269	14	*	*	PUNCT
ajfa-11761	269	15	correlation	correlation	NOUN
ajfa-11761	269	16	is	be	AUX
ajfa-11761	269	17	significant	significant	ADJ
ajfa-11761	269	18	at	at	ADP
ajfa-11761	269	19	5	5	NUM
ajfa-11761	269	20	percent	percent	NOUN
ajfa-11761	269	21	level	level	NOUN
ajfa-11761	269	22	.	.	PUNCT
ajfa-11761	270	1	roa	roa	PROPN
ajfa-11761	270	2	=	=	PUNCT
ajfa-11761	270	3	return	return	NOUN
ajfa-11761	270	4	on	on	ADP
ajfa-11761	270	5	assets	asset	NOUN
ajfa-11761	270	6	;	;	PUNCT
ajfa-11761	270	7	ros	ros	PROPN
ajfa-11761	270	8	=	=	PUNCT
ajfa-11761	270	9	return	return	VERB
ajfa-11761	270	10	on	on	ADP
ajfa-11761	270	11	sales	sale	NOUN
ajfa-11761	270	12	;	;	PUNCT
ajfa-11761	270	13	std	std	NOUN
ajfa-11761	270	14	=	=	SYM
ajfa-11761	270	15	short	short	ADJ
ajfa-11761	270	16	-	-	PUNCT
ajfa-11761	270	17	term	term	NOUN
ajfa-11761	270	18	debt	debt	NOUN
ajfa-11761	270	19	;	;	PUNCT
ajfa-11761	270	20	ltd	ltd	ADJ
ajfa-11761	270	21	=	=	SYM
ajfa-11761	270	22	long	long	ADJ
ajfa-11761	270	23	-	-	PUNCT
ajfa-11761	270	24	term	term	NOUN
ajfa-11761	270	25	debt	debt	NOUN
ajfa-11761	270	26	;	;	PUNCT
ajfa-11761	270	27	size	size	NOUN
ajfa-11761	270	28	=	=	SYM
ajfa-11761	270	29	natural	natural	ADJ
ajfa-11761	270	30	logarithm	logarithm	NOUN
ajfa-11761	270	31	of	of	ADP
ajfa-11761	270	32	total	total	ADJ
ajfa-11761	270	33	sales	sale	NOUN
ajfa-11761	270	34	;	;	PUNCT
ajfa-11761	270	35	age	age	NOUN
ajfa-11761	270	36	=	=	NOUN
ajfa-11761	270	37	number	number	NOUN
ajfa-11761	270	38	of	of	ADP
ajfa-11761	270	39	years	year	NOUN
ajfa-11761	270	40	since	since	SCONJ
ajfa-11761	270	41	establishment	establishment	NOUN
ajfa-11761	270	42	.	.	PUNCT
ajfa-11761	271	1	table	table	NOUN
ajfa-11761	271	2	4.7	4.7	NUM
ajfa-11761	271	3	and	and	CCONJ
ajfa-11761	271	4	4.8	4.8	NUM
ajfa-11761	271	5	below	below	ADP
ajfa-11761	271	6	present	present	NOUN
ajfa-11761	271	7	the	the	DET
ajfa-11761	271	8	regression	regression	NOUN
ajfa-11761	271	9	results	result	NOUN
ajfa-11761	271	10	using	use	VERB
ajfa-11761	271	11	the	the	DET
ajfa-11761	271	12	fixed	fix	VERB
ajfa-11761	271	13	-	-	PUNCT
ajfa-11761	271	14	effects	effect	NOUN
ajfa-11761	271	15	(	(	PUNCT
ajfa-11761	271	16	within	within	ADP
ajfa-11761	271	17	)	)	PUNCT
ajfa-11761	271	18	regression	regression	NOUN
ajfa-11761	271	19	model	model	NOUN
ajfa-11761	271	20	.	.	PUNCT
ajfa-11761	271	21	,	,	PUNCT
ajfa-11761	271	22	and	and	CCONJ
ajfa-11761	271	23	this	this	PRON
ajfa-11761	271	24	is	be	AUX
ajfa-11761	271	25	consistent	consistent	ADJ
ajfa-11761	271	26	with	with	ADP
ajfa-11761	271	27	h1.1	h1.1	NOUN
ajfa-11761	271	28	.	.	PUNCT
ajfa-11761	272	1	in	in	ADP
ajfa-11761	272	2	terms	term	NOUN
ajfa-11761	272	3	of	of	ADP
ajfa-11761	272	4	roa	roa	PROPN
ajfa-11761	272	5	,	,	PUNCT
ajfa-11761	272	6	the	the	DET
ajfa-11761	272	7	slope	slope	NOUN
ajfa-11761	272	8	coefficient	coefficient	NOUN
ajfa-11761	272	9	of	of	ADP
ajfa-11761	272	10	short	short	ADJ
ajfa-11761	272	11	-	-	PUNCT
ajfa-11761	272	12	term	term	NOUN
ajfa-11761	272	13	debt	debt	NOUN
ajfa-11761	272	14	is	be	AUX
ajfa-11761	272	15	negative	negative	ADJ
ajfa-11761	272	16	and	and	CCONJ
ajfa-11761	272	17	statistically	statistically	ADV
ajfa-11761	272	18	significant	significant	ADJ
ajfa-11761	272	19	at	at	ADP
ajfa-11761	272	20	5	5	NUM
ajfa-11761	272	21	per	per	NOUN
ajfa-11761	272	22	cent	cent	NOUN
ajfa-11761	272	23	level	level	NOUN
ajfa-11761	272	24	.	.	PUNCT
ajfa-11761	273	1	the	the	DET
ajfa-11761	273	2	slope	slope	NOUN
ajfa-11761	273	3	coefficient	coefficient	NOUN
ajfa-11761	273	4	of	of	ADP
ajfa-11761	273	5	the	the	DET
ajfa-11761	273	6	short	short	ADJ
ajfa-11761	273	7	-	-	PUNCT
ajfa-11761	273	8	term	term	NOUN
ajfa-11761	273	9	debt	debt	NOUN
ajfa-11761	273	10	ratio	ratio	NOUN
ajfa-11761	273	11	variable	variable	NOUN
ajfa-11761	273	12	is	be	AUX
ajfa-11761	273	13	β	β	NOUN
ajfa-11761	273	14	=	=	SYM
ajfa-11761	273	15	-0.325733	-0.325733	NOUN
ajfa-11761	273	16	;	;	PUNCT
ajfa-11761	273	17	p>|t|	p>|t|	NOUN
ajfa-11761	273	18	=	=	NOUN
ajfa-11761	273	19	0.004	0.004	NUM
ajfa-11761	273	20	.	.	PUNCT
ajfa-11761	274	1	however	however	ADV
ajfa-11761	274	2	,	,	PUNCT
ajfa-11761	274	3	the	the	DET
ajfa-11761	274	4	results	result	NOUN
ajfa-11761	274	5	show	show	VERB
ajfa-11761	274	6	that	that	SCONJ
ajfa-11761	274	7	long	long	ADJ
ajfa-11761	274	8	-	-	PUNCT
ajfa-11761	274	9	term	term	NOUN
ajfa-11761	274	10	debt	debt	NOUN
ajfa-11761	274	11	has	have	VERB
ajfa-11761	274	12	no	no	DET
ajfa-11761	274	13	statistically	statistically	ADV
ajfa-11761	274	14	significant	significant	ADJ
ajfa-11761	274	15	relationship	relationship	NOUN
ajfa-11761	274	16	and	and	CCONJ
ajfa-11761	274	17	influence	influence	NOUN
ajfa-11761	274	18	on	on	ADP
ajfa-11761	274	19	roa	roa	PROPN
ajfa-11761	274	20	.	.	PUNCT
ajfa-11761	275	1	the	the	DET
ajfa-11761	275	2	significance	significance	NOUN
ajfa-11761	275	3	level	level	NOUN
ajfa-11761	275	4	of	of	ADP
ajfa-11761	275	5	long	long	ADJ
ajfa-11761	275	6	-	-	PUNCT
ajfa-11761	275	7	term	term	NOUN
ajfa-11761	275	8	debt	debt	NOUN
ajfa-11761	275	9	is	be	AUX
ajfa-11761	275	10	at	at	ADP
ajfa-11761	275	11	13.5	13.5	NUM
ajfa-11761	275	12	%	%	NOUN
ajfa-11761	275	13	and	and	CCONJ
ajfa-11761	275	14	falls	fall	VERB
ajfa-11761	275	15	outside	outside	ADP
ajfa-11761	275	16	the	the	DET
ajfa-11761	275	17	acceptable	acceptable	ADJ
ajfa-11761	275	18	significance	significance	NOUN
ajfa-11761	275	19	level	level	NOUN
ajfa-11761	275	20	of	of	ADP
ajfa-11761	275	21	5	5	NUM
ajfa-11761	275	22	%	%	NOUN
ajfa-11761	275	23	.	.	PUNCT
ajfa-11761	276	1	in	in	ADP
ajfa-11761	276	2	terms	term	NOUN
ajfa-11761	276	3	of	of	ADP
ajfa-11761	276	4	ros	ros	PROPN
ajfa-11761	276	5	,	,	PUNCT
ajfa-11761	276	6	the	the	DET
ajfa-11761	276	7	slope	slope	NOUN
ajfa-11761	276	8	coefficient	coefficient	NOUN
ajfa-11761	276	9	of	of	ADP
ajfa-11761	276	10	short	short	ADJ
ajfa-11761	276	11	-	-	PUNCT
ajfa-11761	276	12	term	term	NOUN
ajfa-11761	276	13	debt	debt	NOUN
ajfa-11761	276	14	is	be	AUX
ajfa-11761	276	15	negative	negative	ADJ
ajfa-11761	276	16	and	and	CCONJ
ajfa-11761	276	17	statistically	statistically	ADV
ajfa-11761	276	18	significant	significant	ADJ
ajfa-11761	276	19	at	at	ADP
ajfa-11761	276	20	5	5	NUM
ajfa-11761	276	21	per	per	NOUN
ajfa-11761	276	22	cent	cent	NOUN
ajfa-11761	276	23	level	level	NOUN
ajfa-11761	276	24	.	.	PUNCT
ajfa-11761	277	1	the	the	DET
ajfa-11761	277	2	slope	slope	NOUN
ajfa-11761	277	3	coefficient	coefficient	NOUN
ajfa-11761	277	4	of	of	ADP
ajfa-11761	277	5	the	the	DET
ajfa-11761	277	6	short	short	ADJ
ajfa-11761	277	7	-	-	PUNCT
ajfa-11761	277	8	term	term	NOUN
ajfa-11761	277	9	debt	debt	NOUN
ajfa-11761	277	10	ratio	ratio	NOUN
ajfa-11761	277	11	variable	variable	NOUN
ajfa-11761	277	12	is	be	AUX
ajfa-11761	277	13	β	β	NOUN
ajfa-11761	277	14	=	=	SYM
ajfa-11761	277	15	variable	variable	ADJ
ajfa-11761	277	16	mean	mean	NOUN
ajfa-11761	277	17	std	std	PROPN
ajfa-11761	277	18	.	.	PROPN
ajfa-11761	277	19	dev	dev	PROPN
ajfa-11761	277	20	.	.	PUNCT
ajfa-11761	278	1	min	min	PROPN
ajfa-11761	278	2	max	max	PROPN
ajfa-11761	278	3	observatio	observatio	PROPN
ajfa-11761	278	4	roa	roa	PROPN
ajfa-11761	278	5	overall	overall	ADJ
ajfa-11761	278	6	0.0676	0.0676	NUM
ajfa-11761	278	7	0.0764	0.0764	NUM
ajfa-11761	278	8	-0.0754	-0.0754	NUM
ajfa-11761	278	9	0.3605	0.3605	NUM
ajfa-11761	278	10	n=	n=	ADJ
ajfa-11761	278	11	80	80	NUM
ajfa-11761	278	12	between	between	ADP
ajfa-11761	278	13	0.0510	0.0510	NUM
ajfa-11761	278	14	-0.0094	-0.0094	NOUN
ajfa-11761	278	15	0.1673	0.1673	NUM
ajfa-11761	278	16	n=	n=	ADJ
ajfa-11761	278	17	16	16	NUM
ajfa-11761	278	18	within	within	ADP
ajfa-11761	278	19	0.0580	0.0580	NUM
ajfa-11761	278	20	0.0523	0.0523	NUM
ajfa-11761	278	21	0.3013	0.3013	NUM
ajfa-11761	278	22	t=	t=	NOUN
ajfa-11761	278	23	5	5	NUM
ajfa-11761	278	24	ros	ro	NOUN
ajfa-11761	278	25	overall	overall	ADJ
ajfa-11761	278	26	0.1288	0.1288	NUM
ajfa-11761	278	27	0.2630	0.2630	NUM
ajfa-11761	278	28	-0.1115	-0.1115	NOUN
ajfa-11761	278	29	1.7566	1.7566	NUM
ajfa-11761	278	30	n=	n=	ADJ
ajfa-11761	278	31	80	80	NUM
ajfa-11761	278	32	between	between	ADP
ajfa-11761	278	33	0.1815	0.1815	NUM
ajfa-11761	278	34	0.0281	0.0281	NUM
ajfa-11761	278	35	0.6353	0.6353	NUM
ajfa-11761	278	36	n=	n=	ADJ
ajfa-11761	278	37	16	16	NUM
ajfa-11761	278	38	within	within	ADP
ajfa-11761	278	39	0.1947	0.1947	NUM
ajfa-11761	278	40	0.3280	0.3280	NUM
ajfa-11761	278	41	1.4363	1.4363	NUM
ajfa-11761	278	42	t=	t=	ADJ
ajfa-11761	278	43	5	5	NUM
ajfa-11761	278	44	std	std	NOUN
ajfa-11761	278	45	overall	overall	NOUN
ajfa-11761	278	46	0.3666	0.3666	NUM
ajfa-11761	278	47	0.1997	0.1997	NUM
ajfa-11761	278	48	0.0231	0.0231	NUM
ajfa-11761	278	49	0.8575	0.8575	NUM
ajfa-11761	278	50	n=	n=	ADJ
ajfa-11761	278	51	80	80	NUM
ajfa-11761	278	52	between	between	ADP
ajfa-11761	278	53	0.1927	0.1927	NUM
ajfa-11761	278	54	0.1383	0.1383	NUM
ajfa-11761	278	55	0.7813	0.7813	NUM
ajfa-11761	278	56	n=	n=	ADJ
ajfa-11761	278	57	16	16	NUM
ajfa-11761	278	58	within	within	ADP
ajfa-11761	278	59	0.0679	0.0679	NUM
ajfa-11761	278	60	0.1475	0.1475	NUM
ajfa-11761	278	61	0.5299	0.5299	NUM
ajfa-11761	278	62	t=	t=	NUM
ajfa-11761	278	63	5	5	NUM
ajfa-11761	278	64	ltd	ltd	NOUN
ajfa-11761	278	65	overall	overall	ADJ
ajfa-11761	278	66	0.0679	0.0679	NUM
ajfa-11761	278	67	0.6820	0.6820	NUM
ajfa-11761	278	68	0.0037	0.0037	NUM
ajfa-11761	278	69	0.3659	0.3659	NUM
ajfa-11761	278	70	n=	n=	ADJ
ajfa-11761	278	71	80	80	NUM
ajfa-11761	278	72	between	between	ADP
ajfa-11761	278	73	0.0528	0.0528	NUM
ajfa-11761	278	74	0.0158	0.0158	NUM
ajfa-11761	278	75	0.2133	0.2133	NUM
ajfa-11761	278	76	n=	n=	X
ajfa-11761	278	77	16	16	NUM
ajfa-11761	278	78	within	within	ADP
ajfa-11761	278	79	0.0448	0.0448	NUM
ajfa-11761	278	80	-0.0274	-0.0274	NOUN
ajfa-11761	278	81	0.3096	0.3096	NUM
ajfa-11761	278	82	t=	t=	ADJ
ajfa-11761	278	83	5	5	NUM
ajfa-11761	278	84	size	size	NOUN
ajfa-11761	278	85	overall	overall	ADJ
ajfa-11761	278	86	9.5663	9.5663	NUM
ajfa-11761	278	87	0.7612	0.7612	NUM
ajfa-11761	278	88	8.1963	8.1963	NUM
ajfa-11761	278	89	10.7898	10.7898	NUM
ajfa-11761	278	90	n=	n=	ADJ
ajfa-11761	278	91	80	80	NUM
ajfa-11761	278	92	between	between	ADP
ajfa-11761	278	93	0.7681	0.7681	NUM
ajfa-11761	278	94	8.3267	8.3267	NUM
ajfa-11761	278	95	10.7105	10.7105	NUM
ajfa-11761	278	96	n=	n=	ADJ
ajfa-11761	278	97	16	16	NUM
ajfa-11761	278	98	within	within	ADP
ajfa-11761	278	99	0.1391	0.1391	NUM
ajfa-11761	278	100	9.0667	9.0667	NUM
ajfa-11761	278	101	10.0462	10.0462	NUM
ajfa-11761	278	102	t=	t=	ADJ
ajfa-11761	278	103	5	5	NUM
ajfa-11761	278	104	age	age	NOUN
ajfa-11761	278	105	overall	overall	ADJ
ajfa-11761	278	106	58.625	58.625	NUM
ajfa-11761	278	107	30.0861	30.0861	NUM
ajfa-11761	278	108	12	12	NUM
ajfa-11761	278	109	106	106	NUM
ajfa-11761	278	110	n=	n=	ADJ
ajfa-11761	278	111	80	80	NUM
ajfa-11761	278	112	between	between	ADP
ajfa-11761	278	113	30.8434	30.8434	NUM
ajfa-11761	278	114	14	14	NUM
ajfa-11761	278	115	104	104	NUM
ajfa-11761	278	116	n=	n=	ADJ
ajfa-11761	278	117	16	16	NUM
ajfa-11761	278	118	within	within	ADP
ajfa-11761	278	119	1.4231	1.4231	NUM
ajfa-11761	278	120	56.625	56.625	NUM
ajfa-11761	278	121	60.625	60.625	NUM
ajfa-11761	278	122	t=	t=	NUM
ajfa-11761	278	123	5	5	NUM
ajfa-11761	278	124	asian	asian	ADJ
ajfa-11761	278	125	journal	journal	NOUN
ajfa-11761	278	126	of	of	ADP
ajfa-11761	278	127	finance	finance	PROPN
ajfa-11761	278	128	&	&	CCONJ
ajfa-11761	278	129	accounting	accounting	PROPN
ajfa-11761	278	130	issn	issn	PROPN
ajfa-11761	278	131	1946	1946	NUM
ajfa-11761	278	132	-	-	PUNCT
ajfa-11761	278	133	052x	052x	PROPN
ajfa-11761	278	134	2017	2017	NUM
ajfa-11761	278	135	,	,	PUNCT
ajfa-11761	278	136	vol	vol	NOUN
ajfa-11761	278	137	.	.	NOUN
ajfa-11761	278	138	9	9	NUM
ajfa-11761	278	139	,	,	PUNCT
ajfa-11761	278	140	no	no	NOUN
ajfa-11761	278	141	.	.	NOUN
ajfa-11761	278	142	2	2	NUM
ajfa-11761	278	143	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	278	144	120	120	NUM
ajfa-11761	278	145	-0	-0	PUNCT
ajfa-11761	278	146	.	.	NOUN
ajfa-11761	278	147	8790638	8790638	NUM
ajfa-11761	278	148	;	;	PUNCT
ajfa-11761	278	149	p>|t|	p>|t|	X
ajfa-11761	278	150	=	=	NOUN
ajfa-11761	278	151	0.016	0.016	NUM
ajfa-11761	278	152	.	.	PUNCT
ajfa-11761	279	1	it	it	PRON
ajfa-11761	279	2	is	be	AUX
ajfa-11761	279	3	noticeable	noticeable	ADJ
ajfa-11761	279	4	that	that	SCONJ
ajfa-11761	279	5	the	the	DET
ajfa-11761	279	6	slope	slope	NOUN
ajfa-11761	279	7	coefficient	coefficient	NOUN
ajfa-11761	279	8	of	of	ADP
ajfa-11761	279	9	the	the	DET
ajfa-11761	279	10	short	short	ADJ
ajfa-11761	279	11	-	-	PUNCT
ajfa-11761	279	12	term	term	NOUN
ajfa-11761	279	13	debt	debt	NOUN
ajfa-11761	279	14	in	in	ADP
ajfa-11761	279	15	the	the	DET
ajfa-11761	279	16	model	model	NOUN
ajfa-11761	279	17	developed	develop	VERB
ajfa-11761	279	18	for	for	ADP
ajfa-11761	279	19	ros	ros	PROPN
ajfa-11761	279	20	is	be	AUX
ajfa-11761	279	21	quite	quite	ADV
ajfa-11761	279	22	high	high	ADJ
ajfa-11761	279	23	as	as	SCONJ
ajfa-11761	279	24	compared	compare	VERB
ajfa-11761	279	25	to	to	ADP
ajfa-11761	279	26	the	the	DET
ajfa-11761	279	27	slope	slope	NOUN
ajfa-11761	279	28	coefficient	coefficient	NOUN
ajfa-11761	279	29	of	of	ADP
ajfa-11761	279	30	short	short	ADJ
ajfa-11761	279	31	-	-	PUNCT
ajfa-11761	279	32	term	term	NOUN
ajfa-11761	279	33	debt	debt	NOUN
ajfa-11761	279	34	in	in	ADP
ajfa-11761	279	35	the	the	DET
ajfa-11761	279	36	roa	roa	PROPN
ajfa-11761	279	37	model	model	NOUN
ajfa-11761	279	38	.	.	PUNCT
ajfa-11761	280	1	however	however	ADV
ajfa-11761	280	2	,	,	PUNCT
ajfa-11761	280	3	long	long	ADJ
ajfa-11761	280	4	-	-	PUNCT
ajfa-11761	280	5	term	term	NOUN
ajfa-11761	280	6	debt	debt	NOUN
ajfa-11761	280	7	,	,	PUNCT
ajfa-11761	280	8	in	in	ADP
ajfa-11761	280	9	contrast	contrast	NOUN
ajfa-11761	280	10	with	with	ADP
ajfa-11761	280	11	h1.2	h1.2	PROPN
ajfa-11761	280	12	,	,	PUNCT
ajfa-11761	280	13	appears	appear	VERB
ajfa-11761	280	14	to	to	PART
ajfa-11761	280	15	have	have	VERB
ajfa-11761	280	16	a	a	DET
ajfa-11761	280	17	positive	positive	ADJ
ajfa-11761	280	18	impact	impact	NOUN
ajfa-11761	280	19	on	on	ADP
ajfa-11761	280	20	firm	firm	ADJ
ajfa-11761	280	21	performance	performance	NOUN
ajfa-11761	280	22	as	as	SCONJ
ajfa-11761	280	23	measured	measure	VERB
ajfa-11761	280	24	by	by	ADP
ajfa-11761	280	25	ros	ros	PROPN
ajfa-11761	280	26	.	.	PUNCT
ajfa-11761	281	1	the	the	DET
ajfa-11761	281	2	slope	slope	NOUN
ajfa-11761	281	3	coefficient	coefficient	NOUN
ajfa-11761	281	4	of	of	ADP
ajfa-11761	281	5	long	long	ADJ
ajfa-11761	281	6	-	-	PUNCT
ajfa-11761	281	7	term	term	NOUN
ajfa-11761	281	8	debt	debt	NOUN
ajfa-11761	281	9	is	be	AUX
ajfa-11761	281	10	negative	negative	ADJ
ajfa-11761	281	11	and	and	CCONJ
ajfa-11761	281	12	statistically	statistically	ADV
ajfa-11761	281	13	significant	significant	ADJ
ajfa-11761	281	14	at	at	ADP
ajfa-11761	281	15	5	5	NUM
ajfa-11761	281	16	per	per	NOUN
ajfa-11761	281	17	cent	cent	NOUN
ajfa-11761	281	18	level	level	NOUN
ajfa-11761	281	19	.	.	PUNCT
ajfa-11761	282	1	the	the	DET
ajfa-11761	282	2	slope	slope	NOUN
ajfa-11761	282	3	coefficient	coefficient	NOUN
ajfa-11761	282	4	of	of	ADP
ajfa-11761	282	5	long	long	ADJ
ajfa-11761	282	6	-	-	PUNCT
ajfa-11761	282	7	term	term	NOUN
ajfa-11761	282	8	debt	debt	NOUN
ajfa-11761	282	9	ratio	ratio	NOUN
ajfa-11761	282	10	variable	variable	NOUN
ajfa-11761	282	11	is	be	AUX
ajfa-11761	282	12	β	β	X
ajfa-11761	282	13	=	=	NOUN
ajfa-11761	282	14	2.352159	2.352159	NUM
ajfa-11761	282	15	;	;	PUNCT
ajfa-11761	282	16	p>|t|	p>|t|	NOUN
ajfa-11761	282	17	=	=	NOUN
ajfa-11761	282	18	0.000	0.000	NUM
ajfa-11761	282	19	,	,	PUNCT
ajfa-11761	282	20	and	and	CCONJ
ajfa-11761	282	21	it	it	PRON
ajfa-11761	282	22	’s	’	VERB
ajfa-11761	282	23	clear	clear	ADJ
ajfa-11761	282	24	that	that	SCONJ
ajfa-11761	282	25	it	it	PRON
ajfa-11761	282	26	’s	’	VERB
ajfa-11761	282	27	very	very	ADV
ajfa-11761	282	28	high	high	ADJ
ajfa-11761	282	29	.	.	PUNCT
ajfa-11761	283	1	this	this	PRON
ajfa-11761	283	2	shows	show	VERB
ajfa-11761	283	3	that	that	SCONJ
ajfa-11761	283	4	an	an	DET
ajfa-11761	283	5	increase	increase	NOUN
ajfa-11761	283	6	in	in	ADP
ajfa-11761	283	7	the	the	DET
ajfa-11761	283	8	amount	amount	NOUN
ajfa-11761	283	9	of	of	ADP
ajfa-11761	283	10	long	long	ADJ
ajfa-11761	283	11	-	-	PUNCT
ajfa-11761	283	12	term	term	NOUN
ajfa-11761	283	13	debt	debt	NOUN
ajfa-11761	283	14	will	will	AUX
ajfa-11761	283	15	result	result	VERB
ajfa-11761	283	16	in	in	ADP
ajfa-11761	283	17	an	an	DET
ajfa-11761	283	18	increase	increase	NOUN
ajfa-11761	283	19	in	in	ADP
ajfa-11761	283	20	the	the	DET
ajfa-11761	283	21	profitability	profitability	NOUN
ajfa-11761	283	22	of	of	ADP
ajfa-11761	283	23	the	the	DET
ajfa-11761	283	24	sri	sri	ADJ
ajfa-11761	283	25	lankan	lankan	PROPN
ajfa-11761	283	26	firms	firm	NOUN
ajfa-11761	283	27	operating	operate	VERB
ajfa-11761	283	28	in	in	ADP
ajfa-11761	283	29	the	the	DET
ajfa-11761	283	30	retail	retail	ADJ
ajfa-11761	283	31	sector	sector	NOUN
ajfa-11761	283	32	,	,	PUNCT
ajfa-11761	283	33	while	while	SCONJ
ajfa-11761	283	34	an	an	DET
ajfa-11761	283	35	increase	increase	NOUN
ajfa-11761	283	36	in	in	ADP
ajfa-11761	283	37	the	the	DET
ajfa-11761	283	38	amount	amount	NOUN
ajfa-11761	283	39	of	of	ADP
ajfa-11761	283	40	short	short	ADJ
ajfa-11761	283	41	-	-	PUNCT
ajfa-11761	283	42	term	term	NOUN
ajfa-11761	283	43	debt	debt	NOUN
ajfa-11761	283	44	will	will	AUX
ajfa-11761	283	45	lead	lead	VERB
ajfa-11761	283	46	to	to	ADP
ajfa-11761	283	47	a	a	DET
ajfa-11761	283	48	decline	decline	NOUN
ajfa-11761	283	49	in	in	ADP
ajfa-11761	283	50	the	the	DET
ajfa-11761	283	51	firms	firm	NOUN
ajfa-11761	283	52	’	’	PART
ajfa-11761	283	53	profitability	profitability	NOUN
ajfa-11761	283	54	.	.	PUNCT
ajfa-11761	284	1	in	in	ADP
ajfa-11761	284	2	confirmation	confirmation	NOUN
ajfa-11761	284	3	of	of	ADP
ajfa-11761	284	4	h2	h2	NOUN
ajfa-11761	284	5	,	,	PUNCT
ajfa-11761	284	6	size	size	NOUN
ajfa-11761	284	7	of	of	ADP
ajfa-11761	284	8	the	the	DET
ajfa-11761	284	9	firm	firm	NOUN
ajfa-11761	284	10	is	be	AUX
ajfa-11761	284	11	proved	prove	VERB
ajfa-11761	284	12	to	to	PART
ajfa-11761	284	13	have	have	VERB
ajfa-11761	284	14	a	a	DET
ajfa-11761	284	15	significant	significant	ADJ
ajfa-11761	284	16	positive	positive	ADJ
ajfa-11761	284	17	impact	impact	NOUN
ajfa-11761	284	18	on	on	ADP
ajfa-11761	284	19	firm	firm	ADJ
ajfa-11761	284	20	performance	performance	NOUN
ajfa-11761	284	21	as	as	SCONJ
ajfa-11761	284	22	measured	measure	VERB
ajfa-11761	284	23	by	by	ADP
ajfa-11761	284	24	roa	roa	PROPN
ajfa-11761	284	25	,	,	PUNCT
ajfa-11761	284	26	and	and	CCONJ
ajfa-11761	284	27	thereby	thereby	ADV
ajfa-11761	284	28	indicating	indicate	VERB
ajfa-11761	284	29	that	that	SCONJ
ajfa-11761	284	30	larger	large	ADJ
ajfa-11761	284	31	companies	company	NOUN
ajfa-11761	284	32	in	in	ADP
ajfa-11761	284	33	the	the	DET
ajfa-11761	284	34	sri	sri	NOUN
ajfa-11761	284	35	lankan	lankan	PROPN
ajfa-11761	284	36	retail	retail	ADJ
ajfa-11761	284	37	sector	sector	NOUN
ajfa-11761	284	38	are	be	AUX
ajfa-11761	284	39	,	,	PUNCT
ajfa-11761	284	40	on	on	ADP
ajfa-11761	284	41	average	average	ADJ
ajfa-11761	284	42	,	,	PUNCT
ajfa-11761	284	43	more	more	ADV
ajfa-11761	284	44	likely	likely	ADJ
ajfa-11761	284	45	to	to	PART
ajfa-11761	284	46	be	be	AUX
ajfa-11761	284	47	profitable	profitable	ADJ
ajfa-11761	284	48	or	or	CCONJ
ajfa-11761	284	49	perform	perform	VERB
ajfa-11761	284	50	well	well	ADV
ajfa-11761	284	51	financially	financially	ADV
ajfa-11761	284	52	.	.	PUNCT
ajfa-11761	285	1	this	this	PRON
ajfa-11761	285	2	could	could	AUX
ajfa-11761	285	3	also	also	ADV
ajfa-11761	285	4	mean	mean	VERB
ajfa-11761	285	5	that	that	SCONJ
ajfa-11761	285	6	larger	large	ADJ
ajfa-11761	285	7	companies	company	NOUN
ajfa-11761	285	8	in	in	ADP
ajfa-11761	285	9	sri	sri	PROPN
ajfa-11761	285	10	lanka	lanka	PROPN
ajfa-11761	285	11	are	be	AUX
ajfa-11761	285	12	able	able	ADJ
ajfa-11761	285	13	to	to	PART
ajfa-11761	285	14	achieve	achieve	VERB
ajfa-11761	285	15	the	the	DET
ajfa-11761	285	16	economies	economy	NOUN
ajfa-11761	285	17	of	of	ADP
ajfa-11761	285	18	scale	scale	NOUN
ajfa-11761	285	19	and	and	CCONJ
ajfa-11761	285	20	are	be	AUX
ajfa-11761	285	21	also	also	ADV
ajfa-11761	285	22	able	able	ADJ
ajfa-11761	285	23	to	to	PART
ajfa-11761	285	24	exercise	exercise	VERB
ajfa-11761	285	25	considerable	considerable	ADJ
ajfa-11761	285	26	influence	influence	NOUN
ajfa-11761	285	27	in	in	ADP
ajfa-11761	285	28	product	product	NOUN
ajfa-11761	285	29	and	and	CCONJ
ajfa-11761	285	30	factor	factor	NOUN
ajfa-11761	285	31	markets	market	NOUN
ajfa-11761	285	32	.	.	PUNCT
ajfa-11761	286	1	the	the	DET
ajfa-11761	286	2	results	result	NOUN
ajfa-11761	286	3	of	of	ADP
ajfa-11761	286	4	the	the	DET
ajfa-11761	286	5	ros	ros	PROPN
ajfa-11761	286	6	model	model	NOUN
ajfa-11761	286	7	indicate	indicate	VERB
ajfa-11761	286	8	that	that	DET
ajfa-11761	286	9	size	size	NOUN
ajfa-11761	286	10	has	have	VERB
ajfa-11761	286	11	no	no	DET
ajfa-11761	286	12	statistically	statistically	ADV
ajfa-11761	286	13	significant	significant	ADJ
ajfa-11761	286	14	relationship	relationship	NOUN
ajfa-11761	286	15	and	and	CCONJ
ajfa-11761	286	16	influence	influence	NOUN
ajfa-11761	286	17	of	of	ADP
ajfa-11761	286	18	the	the	DET
ajfa-11761	286	19	financial	financial	ADJ
ajfa-11761	286	20	performance	performance	NOUN
ajfa-11761	286	21	of	of	ADP
ajfa-11761	286	22	the	the	DET
ajfa-11761	286	23	firm	firm	NOUN
ajfa-11761	286	24	.	.	PUNCT
ajfa-11761	287	1	the	the	DET
ajfa-11761	287	2	significance	significance	NOUN
ajfa-11761	287	3	level	level	NOUN
ajfa-11761	287	4	of	of	ADP
ajfa-11761	287	5	firm	firm	ADJ
ajfa-11761	287	6	size	size	NOUN
ajfa-11761	287	7	in	in	ADP
ajfa-11761	287	8	the	the	DET
ajfa-11761	287	9	ros	ros	PROPN
ajfa-11761	287	10	model	model	NOUN
ajfa-11761	287	11	is	be	AUX
ajfa-11761	287	12	at	at	ADP
ajfa-11761	287	13	34.7	34.7	NUM
ajfa-11761	287	14	%	%	NOUN
ajfa-11761	287	15	.	.	PUNCT
ajfa-11761	288	1	contrary	contrary	ADJ
ajfa-11761	288	2	to	to	ADP
ajfa-11761	288	3	h3	h3	NOUN
ajfa-11761	288	4	put	put	VERB
ajfa-11761	288	5	forward	forward	ADV
ajfa-11761	288	6	,	,	PUNCT
ajfa-11761	288	7	and	and	CCONJ
ajfa-11761	288	8	similar	similar	ADJ
ajfa-11761	288	9	to	to	ADP
ajfa-11761	288	10	south	south	PROPN
ajfa-11761	288	11	africa	africa	PROPN
ajfa-11761	288	12	’s	’s	PART
ajfa-11761	288	13	regression	regression	NOUN
ajfa-11761	288	14	results	result	NOUN
ajfa-11761	288	15	,	,	PUNCT
ajfa-11761	288	16	the	the	DET
ajfa-11761	288	17	firm	firm	NOUN
ajfa-11761	288	18	’s	’s	PART
ajfa-11761	288	19	age	age	NOUN
ajfa-11761	288	20	was	be	AUX
ajfa-11761	288	21	found	find	VERB
ajfa-11761	288	22	to	to	PART
ajfa-11761	288	23	have	have	VERB
ajfa-11761	288	24	significantly	significantly	ADV
ajfa-11761	288	25	negative	negative	ADJ
ajfa-11761	288	26	associations	association	NOUN
ajfa-11761	288	27	with	with	ADP
ajfa-11761	288	28	both	both	CCONJ
ajfa-11761	288	29	roa	roa	NOUN
ajfa-11761	288	30	and	and	CCONJ
ajfa-11761	288	31	ros	ros	PROPN
ajfa-11761	288	32	,	,	PUNCT
ajfa-11761	288	33	and	and	CCONJ
ajfa-11761	288	34	thus	thus	ADV
ajfa-11761	288	35	implying	imply	VERB
ajfa-11761	288	36	that	that	SCONJ
ajfa-11761	288	37	younger	young	ADJ
ajfa-11761	288	38	firms	firm	NOUN
ajfa-11761	288	39	tend	tend	VERB
ajfa-11761	288	40	to	to	PART
ajfa-11761	288	41	perform	perform	VERB
ajfa-11761	288	42	well	well	ADV
ajfa-11761	288	43	financially	financially	ADV
ajfa-11761	288	44	than	than	ADP
ajfa-11761	288	45	their	their	PRON
ajfa-11761	288	46	older	old	ADJ
ajfa-11761	288	47	counterparts	counterpart	NOUN
ajfa-11761	288	48	,	,	PUNCT
ajfa-11761	288	49	as	as	SCONJ
ajfa-11761	288	50	they	they	PRON
ajfa-11761	288	51	may	may	AUX
ajfa-11761	288	52	be	be	AUX
ajfa-11761	288	53	flexible	flexible	ADJ
ajfa-11761	288	54	in	in	ADP
ajfa-11761	288	55	adjusting	adjust	VERB
ajfa-11761	288	56	or	or	CCONJ
ajfa-11761	288	57	adapting	adapt	VERB
ajfa-11761	288	58	to	to	ADP
ajfa-11761	288	59	rapid	rapid	ADJ
ajfa-11761	288	60	changes	change	NOUN
ajfa-11761	288	61	that	that	PRON
ajfa-11761	288	62	have	have	AUX
ajfa-11761	288	63	been	be	AUX
ajfa-11761	288	64	one	one	NUM
ajfa-11761	288	65	of	of	ADP
ajfa-11761	288	66	characteristics	characteristic	NOUN
ajfa-11761	288	67	of	of	ADP
ajfa-11761	288	68	this	this	DET
ajfa-11761	288	69	particular	particular	ADJ
ajfa-11761	288	70	industry	industry	NOUN
ajfa-11761	288	71	in	in	ADP
ajfa-11761	288	72	recent	recent	ADJ
ajfa-11761	288	73	years	year	NOUN
ajfa-11761	288	74	.	.	PUNCT
ajfa-11761	289	1	the	the	DET
ajfa-11761	289	2	relationship	relationship	NOUN
ajfa-11761	289	3	between	between	ADP
ajfa-11761	289	4	all	all	DET
ajfa-11761	289	5	the	the	DET
ajfa-11761	289	6	variables	variable	NOUN
ajfa-11761	289	7	and	and	CCONJ
ajfa-11761	289	8	the	the	DET
ajfa-11761	289	9	influence	influence	NOUN
ajfa-11761	289	10	of	of	ADP
ajfa-11761	289	11	explanatory	explanatory	ADJ
ajfa-11761	289	12	variables	variable	NOUN
ajfa-11761	289	13	on	on	ADP
ajfa-11761	289	14	dependent	dependent	ADJ
ajfa-11761	289	15	variables	variable	NOUN
ajfa-11761	289	16	are	be	AUX
ajfa-11761	289	17	confirmed	confirm	VERB
ajfa-11761	289	18	by	by	ADP
ajfa-11761	289	19	the	the	DET
ajfa-11761	289	20	‘	'	PUNCT
ajfa-11761	289	21	t	t	NOUN
ajfa-11761	289	22	-	-	PUNCT
ajfa-11761	289	23	values	value	NOUN
ajfa-11761	289	24	’	'	PUNCT
ajfa-11761	289	25	which	which	PRON
ajfa-11761	289	26	tested	test	VERB
ajfa-11761	289	27	the	the	DET
ajfa-11761	289	28	hypotheses	hypothesis	NOUN
ajfa-11761	289	29	,	,	PUNCT
ajfa-11761	289	30	and	and	CCONJ
ajfa-11761	289	31	the	the	DET
ajfa-11761	289	32	results	result	NOUN
ajfa-11761	289	33	show	show	VERB
ajfa-11761	289	34	that	that	SCONJ
ajfa-11761	289	35	short	short	ADJ
ajfa-11761	289	36	-	-	PUNCT
ajfa-11761	289	37	term	term	NOUN
ajfa-11761	289	38	debt	debt	NOUN
ajfa-11761	289	39	(	(	PUNCT
ajfa-11761	289	40	independent	independent	ADJ
ajfa-11761	289	41	variable	variable	NOUN
ajfa-11761	289	42	)	)	PUNCT
ajfa-11761	289	43	and	and	CCONJ
ajfa-11761	289	44	the	the	DET
ajfa-11761	289	45	age	age	NOUN
ajfa-11761	289	46	of	of	ADP
ajfa-11761	289	47	the	the	DET
ajfa-11761	289	48	firm	firm	NOUN
ajfa-11761	289	49	(	(	PUNCT
ajfa-11761	289	50	control	control	NOUN
ajfa-11761	289	51	variable	variable	NOUN
ajfa-11761	289	52	)	)	PUNCT
ajfa-11761	289	53	affect	affect	VERB
ajfa-11761	289	54	both	both	DET
ajfa-11761	289	55	roa	roa	NOUN
ajfa-11761	289	56	and	and	CCONJ
ajfa-11761	289	57	ros	ros	PROPN
ajfa-11761	289	58	negatively	negatively	ADV
ajfa-11761	289	59	.	.	PUNCT
ajfa-11761	290	1	long	long	ADJ
ajfa-11761	290	2	-	-	PUNCT
ajfa-11761	290	3	term	term	NOUN
ajfa-11761	290	4	debt	debt	NOUN
ajfa-11761	290	5	(	(	PUNCT
ajfa-11761	290	6	independent	independent	ADJ
ajfa-11761	290	7	variable	variable	NOUN
ajfa-11761	290	8	)	)	PUNCT
ajfa-11761	290	9	affects	affect	VERB
ajfa-11761	290	10	ros	ros	PROPN
ajfa-11761	290	11	positively	positively	ADV
ajfa-11761	290	12	,	,	PUNCT
ajfa-11761	290	13	while	while	SCONJ
ajfa-11761	290	14	the	the	DET
ajfa-11761	290	15	size	size	NOUN
ajfa-11761	290	16	of	of	ADP
ajfa-11761	290	17	the	the	DET
ajfa-11761	290	18	firm	firm	NOUN
ajfa-11761	290	19	affects	affect	VERB
ajfa-11761	290	20	roa	roa	NOUN
ajfa-11761	290	21	positively	positively	ADV
ajfa-11761	290	22	.	.	PUNCT
ajfa-11761	291	1	the	the	DET
ajfa-11761	291	2	fixed	fix	VERB
ajfa-11761	291	3	-	-	PUNCT
ajfa-11761	291	4	effects	effect	NOUN
ajfa-11761	291	5	(	(	PUNCT
ajfa-11761	291	6	within	within	ADP
ajfa-11761	291	7	)	)	PUNCT
ajfa-11761	291	8	regression	regression	NOUN
ajfa-11761	291	9	model	model	NOUN
ajfa-11761	291	10	indicate	indicate	VERB
ajfa-11761	291	11	that	that	SCONJ
ajfa-11761	291	12	independent	independent	ADJ
ajfa-11761	291	13	variables	variable	NOUN
ajfa-11761	291	14	explain	explain	VERB
ajfa-11761	291	15	approximately	approximately	ADV
ajfa-11761	291	16	34.42	34.42	NUM
ajfa-11761	291	17	percent	percent	NOUN
ajfa-11761	291	18	of	of	ADP
ajfa-11761	291	19	the	the	DET
ajfa-11761	291	20	change	change	NOUN
ajfa-11761	291	21	in	in	ADP
ajfa-11761	291	22	roa	roa	PROPN
ajfa-11761	291	23	,	,	PUNCT
ajfa-11761	291	24	and	and	CCONJ
ajfa-11761	291	25	37.05	37.05	NUM
ajfa-11761	291	26	percent	percent	NOUN
ajfa-11761	291	27	of	of	ADP
ajfa-11761	291	28	the	the	DET
ajfa-11761	291	29	change	change	NOUN
ajfa-11761	291	30	in	in	ADP
ajfa-11761	291	31	ros	ros	PROPN
ajfa-11761	291	32	,	,	PUNCT
ajfa-11761	291	33	as	as	SCONJ
ajfa-11761	291	34	shown	show	VERB
ajfa-11761	291	35	by	by	ADP
ajfa-11761	291	36	‘	'	PUNCT
ajfa-11761	291	37	r	r	NOUN
ajfa-11761	291	38	-	-	PUNCT
ajfa-11761	291	39	squared	square	VERB
ajfa-11761	291	40	’	'	PUNCT
ajfa-11761	291	41	in	in	ADP
ajfa-11761	291	42	their	their	PRON
ajfa-11761	291	43	respective	respective	ADJ
ajfa-11761	291	44	regression	regression	NOUN
ajfa-11761	291	45	results	result	NOUN
ajfa-11761	291	46	.	.	PUNCT
ajfa-11761	292	1	this	this	PRON
ajfa-11761	292	2	suggests	suggest	VERB
ajfa-11761	292	3	that	that	SCONJ
ajfa-11761	292	4	other	other	ADJ
ajfa-11761	292	5	firm	firm	ADJ
ajfa-11761	292	6	-	-	PUNCT
ajfa-11761	292	7	level	level	NOUN
ajfa-11761	292	8	,	,	PUNCT
ajfa-11761	292	9	industry	industry	NOUN
ajfa-11761	292	10	and/or	and/or	CCONJ
ajfa-11761	292	11	macroeconomic	macroeconomic	ADJ
ajfa-11761	292	12	variables	variable	NOUN
ajfa-11761	292	13	obviously	obviously	ADV
ajfa-11761	292	14	affect	affect	VERB
ajfa-11761	292	15	the	the	DET
ajfa-11761	292	16	financial	financial	ADJ
ajfa-11761	292	17	performance	performance	NOUN
ajfa-11761	292	18	of	of	ADP
ajfa-11761	292	19	the	the	DET
ajfa-11761	292	20	firm	firm	NOUN
ajfa-11761	292	21	.	.	PUNCT
ajfa-11761	293	1	approximately	approximately	ADV
ajfa-11761	293	2	99	99	NUM
ajfa-11761	293	3	%	%	NOUN
ajfa-11761	293	4	of	of	ADP
ajfa-11761	293	5	the	the	DET
ajfa-11761	293	6	variance	variance	NOUN
ajfa-11761	293	7	in	in	ADP
ajfa-11761	293	8	the	the	DET
ajfa-11761	293	9	roa	roa	PROPN
ajfa-11761	293	10	regression	regression	NOUN
ajfa-11761	293	11	results	result	NOUN
ajfa-11761	293	12	is	be	AUX
ajfa-11761	293	13	due	due	ADJ
ajfa-11761	293	14	to	to	ADP
ajfa-11761	293	15	differences	difference	NOUN
ajfa-11761	293	16	across	across	ADP
ajfa-11761	293	17	the	the	DET
ajfa-11761	293	18	panels	panel	NOUN
ajfa-11761	293	19	,	,	PUNCT
ajfa-11761	293	20	while	while	SCONJ
ajfa-11761	293	21	for	for	ADP
ajfa-11761	293	22	ros	ros	PROPN
ajfa-11761	293	23	the	the	DET
ajfa-11761	293	24	variance	variance	NOUN
ajfa-11761	293	25	is	be	AUX
ajfa-11761	293	26	approximately	approximately	ADV
ajfa-11761	293	27	97	97	NUM
ajfa-11761	293	28	%	%	NOUN
ajfa-11761	293	29	.	.	PUNCT
ajfa-11761	294	1	this	this	PRON
ajfa-11761	294	2	is	be	AUX
ajfa-11761	294	3	depicted	depict	VERB
ajfa-11761	294	4	by	by	ADP
ajfa-11761	294	5	‘	'	PUNCT
ajfa-11761	294	6	rho	rho	NOUN
ajfa-11761	294	7	’	'	PUNCT
ajfa-11761	294	8	which	which	PRON
ajfa-11761	294	9	is	be	AUX
ajfa-11761	294	10	known	know	VERB
ajfa-11761	294	11	as	as	ADP
ajfa-11761	294	12	the	the	DET
ajfa-11761	294	13	intraclass	intraclass	NOUN
ajfa-11761	294	14	correlation	correlation	NOUN
ajfa-11761	294	15	or	or	CCONJ
ajfa-11761	294	16	the	the	DET
ajfa-11761	294	17	percentage	percentage	NOUN
ajfa-11761	294	18	of	of	ADP
ajfa-11761	294	19	the	the	DET
ajfa-11761	294	20	variation	variation	NOUN
ajfa-11761	294	21	that	that	PRON
ajfa-11761	294	22	’s	’s	AUX
ajfa-11761	294	23	explained	explain	VERB
ajfa-11761	294	24	by	by	ADP
ajfa-11761	294	25	individual	individual	ADJ
ajfa-11761	294	26	specific	specific	ADJ
ajfa-11761	294	27	effects	effect	NOUN
ajfa-11761	294	28	.	.	PUNCT
ajfa-11761	295	1	the	the	DET
ajfa-11761	295	2	high	high	ADJ
ajfa-11761	295	3	percentage	percentage	NOUN
ajfa-11761	295	4	of	of	ADP
ajfa-11761	295	5	‘	'	PUNCT
ajfa-11761	295	6	rho	rho	ADJ
ajfa-11761	295	7	’	'	PUNCT
ajfa-11761	295	8	in	in	ADP
ajfa-11761	295	9	the	the	DET
ajfa-11761	295	10	two	two	NUM
ajfa-11761	295	11	regression	regression	NOUN
ajfa-11761	295	12	results	result	NOUN
ajfa-11761	295	13	(	(	PUNCT
ajfa-11761	295	14	in	in	ADP
ajfa-11761	295	15	terms	term	NOUN
ajfa-11761	295	16	of	of	ADP
ajfa-11761	295	17	roa	roa	PROPN
ajfa-11761	295	18	and	and	CCONJ
ajfa-11761	295	19	ros	ros	PROPN
ajfa-11761	295	20	)	)	PUNCT
ajfa-11761	295	21	is	be	AUX
ajfa-11761	295	22	good	good	ADJ
ajfa-11761	295	23	as	as	SCONJ
ajfa-11761	295	24	it	it	PRON
ajfa-11761	295	25	means	mean	VERB
ajfa-11761	295	26	that	that	SCONJ
ajfa-11761	295	27	it	it	PRON
ajfa-11761	295	28	’s	’	VERB
ajfa-11761	295	29	not	not	PART
ajfa-11761	295	30	just	just	ADV
ajfa-11761	295	31	idiosyncratic	idiosyncratic	ADJ
ajfa-11761	295	32	.	.	PUNCT
ajfa-11761	296	1	overall	overall	ADV
ajfa-11761	296	2	,	,	PUNCT
ajfa-11761	296	3	the	the	DET
ajfa-11761	296	4	empirical	empirical	ADJ
ajfa-11761	296	5	results	result	NOUN
ajfa-11761	296	6	in	in	ADP
ajfa-11761	296	7	table	table	NOUN
ajfa-11761	296	8	4.7	4.7	NUM
ajfa-11761	296	9	and	and	CCONJ
ajfa-11761	296	10	4.9	4.9	NUM
ajfa-11761	296	11	below	below	ADP
ajfa-11761	296	12	indicate	indicate	VERB
ajfa-11761	296	13	that	that	SCONJ
ajfa-11761	296	14	after	after	ADP
ajfa-11761	296	15	controlling	control	VERB
ajfa-11761	296	16	for	for	ADP
ajfa-11761	296	17	factors	factor	NOUN
ajfa-11761	296	18	such	such	ADJ
ajfa-11761	296	19	as	as	ADP
ajfa-11761	296	20	firm	firm	ADJ
ajfa-11761	296	21	size	size	NOUN
ajfa-11761	296	22	and	and	CCONJ
ajfa-11761	296	23	firm	firm	ADJ
ajfa-11761	296	24	age	age	NOUN
ajfa-11761	296	25	,	,	PUNCT
ajfa-11761	296	26	short	short	ADJ
ajfa-11761	296	27	-	-	PUNCT
ajfa-11761	296	28	term	term	NOUN
ajfa-11761	296	29	debt	debt	NOUN
ajfa-11761	296	30	has	have	VERB
ajfa-11761	296	31	a	a	DET
ajfa-11761	296	32	negative	negative	ADJ
ajfa-11761	296	33	impact	impact	NOUN
ajfa-11761	296	34	on	on	ADP
ajfa-11761	296	35	the	the	DET
ajfa-11761	296	36	financial	financial	ADJ
ajfa-11761	296	37	performance	performance	NOUN
ajfa-11761	296	38	of	of	ADP
ajfa-11761	296	39	the	the	DET
ajfa-11761	296	40	firm	firm	NOUN
ajfa-11761	296	41	,	,	PUNCT
ajfa-11761	296	42	while	while	SCONJ
ajfa-11761	296	43	long	long	ADJ
ajfa-11761	296	44	-	-	PUNCT
ajfa-11761	296	45	term	term	NOUN
ajfa-11761	296	46	impacts	impact	NOUN
ajfa-11761	296	47	firm	firm	ADJ
ajfa-11761	296	48	performance	performance	NOUN
ajfa-11761	296	49	positively	positively	ADV
ajfa-11761	296	50	.	.	PUNCT
ajfa-11761	297	1	firm	firm	ADJ
ajfa-11761	297	2	performance	performance	NOUN
ajfa-11761	297	3	was	be	AUX
ajfa-11761	297	4	measured	measure	VERB
ajfa-11761	297	5	in	in	ADP
ajfa-11761	297	6	terms	term	NOUN
ajfa-11761	297	7	of	of	ADP
ajfa-11761	297	8	profitability	profitability	NOUN
ajfa-11761	297	9	ratios	ratio	NOUN
ajfa-11761	297	10	(	(	PUNCT
ajfa-11761	297	11	roa	roa	NOUN
ajfa-11761	297	12	and	and	CCONJ
ajfa-11761	297	13	ros	ros	PROPN
ajfa-11761	297	14	)	)	PUNCT
ajfa-11761	297	15	,	,	PUNCT
ajfa-11761	297	16	and	and	CCONJ
ajfa-11761	297	17	this	this	DET
ajfa-11761	297	18	results	result	NOUN
ajfa-11761	297	19	are	be	AUX
ajfa-11761	297	20	for	for	ADP
ajfa-11761	297	21	all	all	DET
ajfa-11761	297	22	the	the	DET
ajfa-11761	297	23	sri	sri	ADJ
ajfa-11761	297	24	lankan	lankan	PROPN
ajfa-11761	297	25	companies	company	NOUN
ajfa-11761	297	26	operating	operate	VERB
ajfa-11761	297	27	in	in	ADP
ajfa-11761	297	28	the	the	DET
ajfa-11761	297	29	retail	retail	ADJ
ajfa-11761	297	30	sector	sector	NOUN
ajfa-11761	297	31	as	as	ADP
ajfa-11761	297	32	per	per	ADP
ajfa-11761	297	33	the	the	DET
ajfa-11761	297	34	gcis	gcis	PROPN
ajfa-11761	297	35	classification	classification	NOUN
ajfa-11761	297	36	.	.	PUNCT
ajfa-11761	298	1	the	the	DET
ajfa-11761	298	2	results	result	NOUN
ajfa-11761	298	3	show	show	VERB
ajfa-11761	298	4	that	that	SCONJ
ajfa-11761	298	5	companies	company	NOUN
ajfa-11761	298	6	that	that	PRON
ajfa-11761	298	7	finance	finance	VERB
ajfa-11761	298	8	their	their	PRON
ajfa-11761	298	9	businesses	business	NOUN
ajfa-11761	298	10	using	use	VERB
ajfa-11761	298	11	long	long	ADJ
ajfa-11761	298	12	-	-	PUNCT
ajfa-11761	298	13	term	term	NOUN
ajfa-11761	298	14	asian	asian	ADJ
ajfa-11761	298	15	journal	journal	NOUN
ajfa-11761	298	16	of	of	ADP
ajfa-11761	298	17	finance	finance	PROPN
ajfa-11761	298	18	&	&	CCONJ
ajfa-11761	298	19	accounting	accounting	PROPN
ajfa-11761	298	20	issn	issn	PROPN
ajfa-11761	298	21	1946	1946	NUM
ajfa-11761	298	22	-	-	PUNCT
ajfa-11761	298	23	052x	052x	PROPN
ajfa-11761	298	24	2017	2017	NUM
ajfa-11761	298	25	,	,	PUNCT
ajfa-11761	298	26	vol	vol	NOUN
ajfa-11761	298	27	.	.	NOUN
ajfa-11761	298	28	9	9	NUM
ajfa-11761	298	29	,	,	PUNCT
ajfa-11761	298	30	no	no	NOUN
ajfa-11761	298	31	.	.	NOUN
ajfa-11761	298	32	2	2	NUM
ajfa-11761	298	33	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	298	34	121	121	NUM
ajfa-11761	298	35	debt	debt	NOUN
ajfa-11761	298	36	appear	appear	VERB
ajfa-11761	298	37	to	to	PART
ajfa-11761	298	38	be	be	AUX
ajfa-11761	298	39	performing	perform	VERB
ajfa-11761	298	40	well	well	ADV
ajfa-11761	298	41	as	as	SCONJ
ajfa-11761	298	42	opposed	oppose	VERB
ajfa-11761	298	43	to	to	ADP
ajfa-11761	298	44	the	the	DET
ajfa-11761	298	45	ones	one	NOUN
ajfa-11761	298	46	that	that	PRON
ajfa-11761	298	47	use	use	VERB
ajfa-11761	298	48	more	more	ADJ
ajfa-11761	298	49	of	of	ADP
ajfa-11761	298	50	short	short	ADJ
ajfa-11761	298	51	-	-	PUNCT
ajfa-11761	298	52	term	term	NOUN
ajfa-11761	298	53	debt	debt	NOUN
ajfa-11761	298	54	capital	capital	NOUN
ajfa-11761	298	55	.	.	PUNCT
ajfa-11761	299	1	therefore	therefore	ADV
ajfa-11761	299	2	,	,	PUNCT
ajfa-11761	299	3	lower	low	ADJ
ajfa-11761	299	4	levels	level	NOUN
ajfa-11761	299	5	of	of	ADP
ajfa-11761	299	6	short	short	ADJ
ajfa-11761	299	7	-	-	PUNCT
ajfa-11761	299	8	term	term	NOUN
ajfa-11761	299	9	debt	debt	NOUN
ajfa-11761	299	10	and	and	CCONJ
ajfa-11761	299	11	higher	high	ADJ
ajfa-11761	299	12	levels	level	NOUN
ajfa-11761	299	13	of	of	ADP
ajfa-11761	299	14	long	long	ADJ
ajfa-11761	299	15	-	-	PUNCT
ajfa-11761	299	16	term	term	NOUN
ajfa-11761	299	17	debt	debt	NOUN
ajfa-11761	299	18	can	can	AUX
ajfa-11761	299	19	ensure	ensure	VERB
ajfa-11761	299	20	better	well	ADJ
ajfa-11761	299	21	financial	financial	ADJ
ajfa-11761	299	22	performance	performance	NOUN
ajfa-11761	299	23	for	for	ADP
ajfa-11761	299	24	the	the	DET
ajfa-11761	299	25	sri	sri	ADJ
ajfa-11761	299	26	lankan	lankan	PROPN
ajfa-11761	299	27	firms	firm	NOUN
ajfa-11761	299	28	operating	operate	VERB
ajfa-11761	299	29	in	in	ADP
ajfa-11761	299	30	the	the	DET
ajfa-11761	299	31	retail	retail	ADJ
ajfa-11761	299	32	sector	sector	NOUN
ajfa-11761	299	33	.	.	PUNCT
ajfa-11761	300	1	the	the	DET
ajfa-11761	300	2	results	result	NOUN
ajfa-11761	300	3	of	of	ADP
ajfa-11761	300	4	the	the	DET
ajfa-11761	300	5	current	current	ADJ
ajfa-11761	300	6	study	study	NOUN
ajfa-11761	300	7	,	,	PUNCT
ajfa-11761	300	8	using	use	VERB
ajfa-11761	300	9	sri	sri	PROPN
ajfa-11761	300	10	lanka	lanka	PROPN
ajfa-11761	300	11	’s	’s	PART
ajfa-11761	300	12	dataset	dataset	PROPN
ajfa-11761	300	13	,	,	PUNCT
ajfa-11761	300	14	are	be	AUX
ajfa-11761	300	15	in	in	ADP
ajfa-11761	300	16	contrast	contrast	NOUN
ajfa-11761	300	17	with	with	ADP
ajfa-11761	300	18	the	the	DET
ajfa-11761	300	19	findings	finding	NOUN
ajfa-11761	300	20	of	of	ADP
ajfa-11761	300	21	gleason	gleason	PROPN
ajfa-11761	300	22	et	et	PROPN
ajfa-11761	300	23	al	al	PROPN
ajfa-11761	300	24	.	.	PROPN
ajfa-11761	301	1	(	(	PUNCT
ajfa-11761	301	2	2000	2000	NUM
ajfa-11761	301	3	)	)	PUNCT
ajfa-11761	301	4	which	which	PRON
ajfa-11761	301	5	studied	study	VERB
ajfa-11761	301	6	the	the	DET
ajfa-11761	301	7	relationship	relationship	NOUN
ajfa-11761	301	8	between	between	ADP
ajfa-11761	301	9	capital	capital	NOUN
ajfa-11761	301	10	structure	structure	NOUN
ajfa-11761	301	11	and	and	CCONJ
ajfa-11761	301	12	performance	performance	NOUN
ajfa-11761	301	13	of	of	ADP
ajfa-11761	301	14	the	the	DET
ajfa-11761	301	15	retailers	retailer	NOUN
ajfa-11761	301	16	in	in	ADP
ajfa-11761	301	17	14	14	NUM
ajfa-11761	301	18	european	european	ADJ
ajfa-11761	301	19	countries	country	NOUN
ajfa-11761	301	20	and	and	CCONJ
ajfa-11761	301	21	found	find	VERB
ajfa-11761	301	22	that	that	SCONJ
ajfa-11761	301	23	agency	agency	NOUN
ajfa-11761	301	24	issues	issue	NOUN
ajfa-11761	301	25	may	may	AUX
ajfa-11761	301	26	lead	lead	VERB
ajfa-11761	301	27	to	to	ADP
ajfa-11761	301	28	use	use	NOUN
ajfa-11761	301	29	of	of	ADP
ajfa-11761	301	30	higher	high	ADJ
ajfa-11761	301	31	than	than	ADP
ajfa-11761	301	32	appropriate	appropriate	ADJ
ajfa-11761	301	33	levels	level	NOUN
ajfa-11761	301	34	of	of	ADP
ajfa-11761	301	35	debt	debt	NOUN
ajfa-11761	301	36	in	in	ADP
ajfa-11761	301	37	the	the	DET
ajfa-11761	301	38	capital	capital	NOUN
ajfa-11761	301	39	structure	structure	NOUN
ajfa-11761	301	40	,	,	PUNCT
ajfa-11761	301	41	thereby	thereby	ADV
ajfa-11761	301	42	producing	produce	VERB
ajfa-11761	301	43	lower	low	ADJ
ajfa-11761	301	44	performance	performance	NOUN
ajfa-11761	301	45	.	.	PUNCT
ajfa-11761	302	1	other	other	ADJ
ajfa-11761	302	2	studies	study	NOUN
ajfa-11761	302	3	that	that	PRON
ajfa-11761	302	4	found	find	VERB
ajfa-11761	302	5	the	the	DET
ajfa-11761	302	6	same	same	ADJ
ajfa-11761	302	7	results	result	NOUN
ajfa-11761	302	8	as	as	ADP
ajfa-11761	302	9	gleason	gleason	PROPN
ajfa-11761	302	10	et	et	PROPN
ajfa-11761	302	11	al	al	PROPN
ajfa-11761	302	12	.	.	PROPN
ajfa-11761	303	1	(	(	PUNCT
ajfa-11761	303	2	2000	2000	NUM
ajfa-11761	303	3	)	)	PUNCT
ajfa-11761	303	4	are	be	AUX
ajfa-11761	303	5	abor	abor	NOUN
ajfa-11761	303	6	(	(	PUNCT
ajfa-11761	303	7	2007	2007	NUM
ajfa-11761	303	8	)	)	PUNCT
ajfa-11761	303	9	;	;	PUNCT
ajfa-11761	303	10	dawar	dawar	NOUN
ajfa-11761	303	11	(	(	PUNCT
ajfa-11761	303	12	2014	2014	NUM
ajfa-11761	303	13	)	)	PUNCT
ajfa-11761	303	14	;	;	PUNCT
ajfa-11761	303	15	yazdanfar	yazdanfar	ADV
ajfa-11761	303	16	and	and	CCONJ
ajfa-11761	303	17	öhman	öhman	NOUN
ajfa-11761	303	18	(	(	PUNCT
ajfa-11761	303	19	2015	2015	NUM
ajfa-11761	303	20	)	)	PUNCT
ajfa-11761	303	21	,	,	PUNCT
ajfa-11761	303	22	amongst	amongst	ADP
ajfa-11761	303	23	others	other	NOUN
ajfa-11761	303	24	.	.	PUNCT
ajfa-11761	304	1	table	table	NOUN
ajfa-11761	304	2	1	1	NUM
ajfa-11761	304	3	.	.	PUNCT
ajfa-11761	305	1	regression	regression	NOUN
ajfa-11761	305	2	results	result	NOUN
ajfa-11761	305	3	of	of	ADP
ajfa-11761	305	4	debt	debt	NOUN
ajfa-11761	305	5	capital	capital	NOUN
ajfa-11761	305	6	and	and	CCONJ
ajfa-11761	305	7	firm	firm	ADJ
ajfa-11761	305	8	performance	performance	NOUN
ajfa-11761	305	9	measured	measure	VERB
ajfa-11761	305	10	by	by	ADP
ajfa-11761	305	11	roa	roa	PROPN
ajfa-11761	305	12	coefficient	coefficient	PROPN
ajfa-11761	305	13	std	std	PROPN
ajfa-11761	305	14	.	.	PUNCT
ajfa-11761	306	1	err	err	PROPN
ajfa-11761	306	2	.	.	PUNCT
ajfa-11761	307	1	t	t	PROPN
ajfa-11761	307	2	-	-	PUNCT
ajfa-11761	307	3	statistics	statistic	NOUN
ajfa-11761	307	4	significanc	significanc	VERB
ajfa-11761	307	5	short	short	ADJ
ajfa-11761	307	6	term	term	NOUN
ajfa-11761	307	7	debt	debt	NOUN
ajfa-11761	307	8	-0.3257	-0.3257	NOUN
ajfa-11761	307	9	0.1084	0.1084	NUM
ajfa-11761	307	10	-3.01	-3.01	X
ajfa-11761	307	11	*	*	PUNCT
ajfa-11761	307	12	*	*	NOUN
ajfa-11761	307	13	0.004	0.004	NUM
ajfa-11761	307	14	long	long	ADJ
ajfa-11761	307	15	term	term	NOUN
ajfa-11761	307	16	debt	debt	NOUN
ajfa-11761	307	17	0.2174	0.2174	NUM
ajfa-11761	307	18	0.1435	0.1435	NUM
ajfa-11761	307	19	1.52	1.52	NUM
ajfa-11761	307	20	*	*	PUNCT
ajfa-11761	307	21	*	*	PUNCT
ajfa-11761	307	22	0.135	0.135	NUM
ajfa-11761	307	23	size	size	NOUN
ajfa-11761	307	24	0.1815	0.1815	NUM
ajfa-11761	307	25	0.0472	0.0472	NUM
ajfa-11761	307	26	3.85	3.85	NUM
ajfa-11761	307	27	*	*	NOUN
ajfa-11761	307	28	*	*	SYM
ajfa-11761	307	29	0.000	0.000	NUM
ajfa-11761	307	30	age	age	NOUN
ajfa-11761	307	31	-0.022	-0.022	NOUN
ajfa-11761	307	32	0.005	0.005	NUM
ajfa-11761	307	33	-4.43	-4.43	NUM
ajfa-11761	307	34	*	*	PUNCT
ajfa-11761	307	35	*	*	PUNCT
ajfa-11761	307	36	0.000	0.000	NUM
ajfa-11761	307	37	constant	constant	ADJ
ajfa-11761	307	38	-0.2756	-0.2756	NOUN
ajfa-11761	307	39	0.4968	0.4968	NUM
ajfa-11761	307	40	-0.55	-0.55	NOUN
ajfa-11761	307	41	*	*	PUNCT
ajfa-11761	307	42	*	*	NOUN
ajfa-11761	307	43	0.581	0.581	NUM
ajfa-11761	307	44	r2	r2	NOUN
ajfa-11761	307	45	within	within	ADP
ajfa-11761	307	46	0.3442	0.3442	NUM
ajfa-11761	307	47	r2	r2	NOUN
ajfa-11761	307	48	within	within	ADP
ajfa-11761	307	49	0.0096	0.0096	NUM
ajfa-11761	307	50	r2	r2	NOUN
ajfa-11761	307	51	overall	overall	ADJ
ajfa-11761	307	52	0.0077	0.0077	PROPN
ajfa-11761	307	53	sigma	sigma	VERB
ajfa-11761	307	54	u	u	PROPN
ajfa-11761	307	55	0.6439	0.6439	NUM
ajfa-11761	307	56	sigma	sigma	NOUN
ajfa-11761	307	57	e	e	ADP
ajfa-11761	307	58	0.0539	0.0539	NUM
ajfa-11761	307	59	rho	rho	ADJ
ajfa-11761	307	60	0.993	0.993	NUM
ajfa-11761	307	61	prob	prob	NOUN
ajfa-11761	307	62	>	>	X
ajfa-11761	307	63	f	f	PROPN
ajfa-11761	307	64	0	0	NUM
ajfa-11761	307	65	notes	note	VERB
ajfa-11761	307	66	:	:	PUNCT
ajfa-11761	307	67	*	*	PUNCT
ajfa-11761	307	68	*	*	PUNCT
ajfa-11761	307	69	significant	significant	ADJ
ajfa-11761	307	70	at	at	ADP
ajfa-11761	307	71	5	5	NUM
ajfa-11761	307	72	percent	percent	NOUN
ajfa-11761	307	73	level	level	NOUN
ajfa-11761	307	74	.	.	PUNCT
ajfa-11761	308	1	roa	roa	PROPN
ajfa-11761	308	2	=	=	PUNCT
ajfa-11761	308	3	return	return	NOUN
ajfa-11761	308	4	on	on	ADP
ajfa-11761	308	5	assets	asset	NOUN
ajfa-11761	308	6	;	;	PUNCT
ajfa-11761	308	7	size	size	NOUN
ajfa-11761	308	8	=	=	SYM
ajfa-11761	308	9	natural	natural	ADJ
ajfa-11761	308	10	logarithm	logarithm	NOUN
ajfa-11761	308	11	of	of	ADP
ajfa-11761	308	12	total	total	ADJ
ajfa-11761	308	13	sales	sale	NOUN
ajfa-11761	308	14	;	;	PUNCT
ajfa-11761	308	15	age	age	NOUN
ajfa-11761	308	16	=	=	NOUN
ajfa-11761	308	17	number	number	NOUN
ajfa-11761	308	18	of	of	ADP
ajfa-11761	308	19	years	year	NOUN
ajfa-11761	308	20	since	since	SCONJ
ajfa-11761	308	21	establishment	establishment	NOUN
ajfa-11761	308	22	.	.	PUNCT
ajfa-11761	309	1	asian	asian	ADJ
ajfa-11761	309	2	journal	journal	PROPN
ajfa-11761	309	3	of	of	ADP
ajfa-11761	309	4	finance	finance	PROPN
ajfa-11761	309	5	&	&	CCONJ
ajfa-11761	309	6	accounting	accounting	PROPN
ajfa-11761	309	7	issn	issn	PROPN
ajfa-11761	309	8	1946	1946	NUM
ajfa-11761	309	9	-	-	PUNCT
ajfa-11761	309	10	052x	052x	PROPN
ajfa-11761	309	11	2017	2017	NUM
ajfa-11761	309	12	,	,	PUNCT
ajfa-11761	309	13	vol	vol	NOUN
ajfa-11761	309	14	.	.	NOUN
ajfa-11761	309	15	9	9	NUM
ajfa-11761	309	16	,	,	PUNCT
ajfa-11761	309	17	no	no	NOUN
ajfa-11761	309	18	.	.	NOUN
ajfa-11761	309	19	2	2	NUM
ajfa-11761	309	20	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	309	21	122	122	NUM
ajfa-11761	309	22	table	table	NOUN
ajfa-11761	309	23	4.8	4.8	NUM
ajfa-11761	309	24	.	.	PUNCT
ajfa-11761	310	1	regression	regression	NOUN
ajfa-11761	310	2	results	result	NOUN
ajfa-11761	310	3	of	of	ADP
ajfa-11761	310	4	debt	debt	NOUN
ajfa-11761	310	5	capital	capital	NOUN
ajfa-11761	310	6	and	and	CCONJ
ajfa-11761	310	7	firm	firm	ADJ
ajfa-11761	310	8	performance	performance	NOUN
ajfa-11761	310	9	measured	measure	VERB
ajfa-11761	310	10	by	by	ADP
ajfa-11761	310	11	ros	ros	PROPN
ajfa-11761	310	12	ros	ros	PROPN
ajfa-11761	310	13	coefficient	coefficient	PROPN
ajfa-11761	310	14	std	std	PROPN
ajfa-11761	310	15	.	.	PUNCT
ajfa-11761	311	1	err	err	PROPN
ajfa-11761	311	2	.	.	PUNCT
ajfa-11761	312	1	t	t	PROPN
ajfa-11761	312	2	-	-	PUNCT
ajfa-11761	312	3	statistics	statistic	NOUN
ajfa-11761	312	4	significanc	significanc	VERB
ajfa-11761	312	5	short	short	ADJ
ajfa-11761	312	6	term	term	NOUN
ajfa-11761	312	7	debt	debt	NOUN
ajfa-11761	312	8	-0.8791	-0.8791	NOUN
ajfa-11761	312	9	0.3563	0.3563	NUM
ajfa-11761	312	10	-2.47	-2.47	X
ajfa-11761	312	11	*	*	NOUN
ajfa-11761	312	12	*	*	PROPN
ajfa-11761	312	13	0.016	0.016	NUM
ajfa-11761	312	14	long	long	ADJ
ajfa-11761	312	15	term	term	NOUN
ajfa-11761	312	16	debt	debt	NOUN
ajfa-11761	312	17	2.3522	2.3522	NUM
ajfa-11761	312	18	0.4718	0.4718	NUM
ajfa-11761	312	19	4.99	4.99	NUM
ajfa-11761	312	20	*	*	PUNCT
ajfa-11761	312	21	*	*	PUNCT
ajfa-11761	312	22	0.000	0.000	NUM
ajfa-11761	312	23	size	size	NOUN
ajfa-11761	312	24	0.147	0.147	NUM
ajfa-11761	312	25	0.155	0.155	NUM
ajfa-11761	312	26	0.95	0.95	NUM
ajfa-11761	312	27	*	*	PUNCT
ajfa-11761	312	28	*	*	NOUN
ajfa-11761	312	29	0.347	0.347	NUM
ajfa-11761	312	30	age	age	NOUN
ajfa-11761	312	31	-0.0335	-0.0335	NOUN
ajfa-11761	312	32	0.0163	0.0163	NUM
ajfa-11761	312	33	-2.05	-2.05	NUM
ajfa-11761	312	34	*	*	NOUN
ajfa-11761	312	35	*	*	PROPN
ajfa-11761	312	36	0.045	0.045	NUM
ajfa-11761	312	37	constant	constant	ADJ
ajfa-11761	312	38	0.847	0.847	NUM
ajfa-11761	312	39	1.6332	1.6332	NUM
ajfa-11761	312	40	0.52	0.52	NUM
ajfa-11761	312	41	*	*	PUNCT
ajfa-11761	312	42	*	*	PUNCT
ajfa-11761	312	43	0.606	0.606	NUM
ajfa-11761	312	44	r2	r2	NOUN
ajfa-11761	312	45	within	within	ADP
ajfa-11761	312	46	0.3705	0.3705	NUM
ajfa-11761	312	47	r2	r2	NOUN
ajfa-11761	312	48	within	within	ADP
ajfa-11761	312	49	0.0009	0.0009	NUM
ajfa-11761	312	50	r2	r2	NOUN
ajfa-11761	312	51	overall	overall	ADJ
ajfa-11761	312	52	0.0012	0.0012	NUM
ajfa-11761	312	53	sigma	sigma	VERB
ajfa-11761	312	54	u	u	PROPN
ajfa-11761	312	55	1.0194	1.0194	NUM
ajfa-11761	312	56	sigma	sigma	NOUN
ajfa-11761	312	57	e	e	PROPN
ajfa-11761	312	58	0.1773	0.1773	NUM
ajfa-11761	312	59	rho	rho	PROPN
ajfa-11761	312	60	0.9706	0.9706	NUM
ajfa-11761	312	61	prob	prob	NOUN
ajfa-11761	312	62	>	>	X
ajfa-11761	312	63	f	f	PROPN
ajfa-11761	312	64	0.0000	0.0000	NUM
ajfa-11761	312	65	notes	note	VERB
ajfa-11761	312	66	:	:	PUNCT
ajfa-11761	312	67	*	*	PUNCT
ajfa-11761	312	68	*	*	PUNCT
ajfa-11761	312	69	significant	significant	ADJ
ajfa-11761	312	70	at	at	ADP
ajfa-11761	312	71	5	5	NUM
ajfa-11761	312	72	percent	percent	NOUN
ajfa-11761	312	73	level	level	NOUN
ajfa-11761	312	74	.	.	PUNCT
ajfa-11761	313	1	roa	roa	PROPN
ajfa-11761	313	2	=	=	PUNCT
ajfa-11761	313	3	return	return	NOUN
ajfa-11761	313	4	on	on	ADP
ajfa-11761	313	5	assets	asset	NOUN
ajfa-11761	313	6	;	;	PUNCT
ajfa-11761	313	7	size	size	NOUN
ajfa-11761	313	8	=	=	SYM
ajfa-11761	313	9	natural	natural	ADJ
ajfa-11761	313	10	logarithm	logarithm	NOUN
ajfa-11761	313	11	of	of	ADP
ajfa-11761	313	12	total	total	ADJ
ajfa-11761	313	13	sales	sale	NOUN
ajfa-11761	313	14	;	;	PUNCT
ajfa-11761	313	15	age	age	NOUN
ajfa-11761	313	16	=	=	NOUN
ajfa-11761	313	17	number	number	NOUN
ajfa-11761	313	18	of	of	ADP
ajfa-11761	313	19	years	year	NOUN
ajfa-11761	313	20	since	since	SCONJ
ajfa-11761	313	21	establishment	establishment	NOUN
ajfa-11761	313	22	.	.	PUNCT
ajfa-11761	314	1	5	5	X
ajfa-11761	314	2	.	.	X
ajfa-11761	314	3	conclusion	conclusion	NOUN
ajfa-11761	314	4	and	and	CCONJ
ajfa-11761	314	5	recommendations	recommendation	NOUN
ajfa-11761	314	6	firms	firm	NOUN
ajfa-11761	314	7	of	of	ADP
ajfa-11761	314	8	different	different	ADJ
ajfa-11761	314	9	sizes	size	NOUN
ajfa-11761	314	10	often	often	ADV
ajfa-11761	314	11	have	have	VERB
ajfa-11761	314	12	one	one	NUM
ajfa-11761	314	13	common	common	ADJ
ajfa-11761	314	14	problem	problem	NOUN
ajfa-11761	314	15	,	,	PUNCT
ajfa-11761	314	16	which	which	PRON
ajfa-11761	314	17	is	be	AUX
ajfa-11761	314	18	,	,	PUNCT
ajfa-11761	314	19	deciding	decide	VERB
ajfa-11761	314	20	on	on	ADP
ajfa-11761	314	21	whether	whether	SCONJ
ajfa-11761	314	22	to	to	PART
ajfa-11761	314	23	use	use	VERB
ajfa-11761	314	24	debt	debt	NOUN
ajfa-11761	314	25	and/or	and/or	CCONJ
ajfa-11761	314	26	equity	equity	NOUN
ajfa-11761	314	27	to	to	PART
ajfa-11761	314	28	finance	finance	VERB
ajfa-11761	314	29	their	their	PRON
ajfa-11761	314	30	operations	operation	NOUN
ajfa-11761	314	31	.	.	PUNCT
ajfa-11761	315	1	the	the	DET
ajfa-11761	315	2	decision	decision	NOUN
ajfa-11761	315	3	is	be	AUX
ajfa-11761	315	4	of	of	ADP
ajfa-11761	315	5	extreme	extreme	ADJ
ajfa-11761	315	6	importance	importance	NOUN
ajfa-11761	315	7	given	give	VERB
ajfa-11761	315	8	the	the	DET
ajfa-11761	315	9	impact	impact	NOUN
ajfa-11761	315	10	it	it	PRON
ajfa-11761	315	11	has	have	VERB
ajfa-11761	315	12	on	on	ADP
ajfa-11761	315	13	firm	firm	ADJ
ajfa-11761	315	14	value	value	NOUN
ajfa-11761	315	15	and	and	CCONJ
ajfa-11761	315	16	performance	performance	NOUN
ajfa-11761	315	17	.	.	PUNCT
ajfa-11761	316	1	from	from	ADP
ajfa-11761	316	2	a	a	DET
ajfa-11761	316	3	managerial	managerial	ADJ
ajfa-11761	316	4	and	and	CCONJ
ajfa-11761	316	5	owner	owner	NOUN
ajfa-11761	316	6	’s	’s	PART
ajfa-11761	316	7	perspective	perspective	NOUN
ajfa-11761	316	8	,	,	PUNCT
ajfa-11761	316	9	this	this	DET
ajfa-11761	316	10	financial	financial	ADJ
ajfa-11761	316	11	decision	decision	NOUN
ajfa-11761	316	12	requires	require	VERB
ajfa-11761	316	13	thorough	thorough	ADJ
ajfa-11761	316	14	examination	examination	NOUN
ajfa-11761	316	15	before	before	SCONJ
ajfa-11761	316	16	it	it	PRON
ajfa-11761	316	17	can	can	AUX
ajfa-11761	316	18	be	be	AUX
ajfa-11761	316	19	made	make	VERB
ajfa-11761	316	20	.	.	PUNCT
ajfa-11761	317	1	this	this	DET
ajfa-11761	317	2	study	study	NOUN
ajfa-11761	317	3	provides	provide	VERB
ajfa-11761	317	4	empirical	empirical	ADJ
ajfa-11761	317	5	evidence	evidence	NOUN
ajfa-11761	317	6	on	on	ADP
ajfa-11761	317	7	that	that	DET
ajfa-11761	317	8	issue	issue	NOUN
ajfa-11761	317	9	.	.	PUNCT
ajfa-11761	318	1	the	the	DET
ajfa-11761	318	2	purpose	purpose	NOUN
ajfa-11761	318	3	of	of	ADP
ajfa-11761	318	4	the	the	DET
ajfa-11761	318	5	study	study	NOUN
ajfa-11761	318	6	is	be	AUX
ajfa-11761	318	7	to	to	PART
ajfa-11761	318	8	examine	examine	VERB
ajfa-11761	318	9	the	the	DET
ajfa-11761	318	10	impact	impact	NOUN
ajfa-11761	318	11	of	of	ADP
ajfa-11761	318	12	debt	debt	NOUN
ajfa-11761	318	13	capital	capital	NOUN
ajfa-11761	318	14	on	on	ADP
ajfa-11761	318	15	the	the	DET
ajfa-11761	318	16	financial	financial	ADJ
ajfa-11761	318	17	performance	performance	NOUN
ajfa-11761	318	18	of	of	ADP
ajfa-11761	318	19	companies	company	NOUN
ajfa-11761	318	20	operating	operate	VERB
ajfa-11761	318	21	in	in	ADP
ajfa-11761	318	22	the	the	DET
ajfa-11761	318	23	wholesale	wholesale	ADJ
ajfa-11761	318	24	and	and	CCONJ
ajfa-11761	318	25	retail	retail	ADJ
ajfa-11761	318	26	sectors	sector	NOUN
ajfa-11761	318	27	of	of	ADP
ajfa-11761	318	28	south	south	PROPN
ajfa-11761	318	29	africa	africa	PROPN
ajfa-11761	318	30	and	and	CCONJ
ajfa-11761	318	31	sri	sri	PROPN
ajfa-11761	318	32	lanka	lanka	PROPN
ajfa-11761	318	33	during	during	ADP
ajfa-11761	318	34	a	a	DET
ajfa-11761	318	35	five	five	NUM
ajfa-11761	318	36	year	year	NOUN
ajfa-11761	318	37	period	period	NOUN
ajfa-11761	318	38	,	,	PUNCT
ajfa-11761	318	39	2011	2011	NUM
ajfa-11761	318	40	-	-	SYM
ajfa-11761	318	41	2015	2015	NUM
ajfa-11761	318	42	.	.	PUNCT
ajfa-11761	319	1	the	the	DET
ajfa-11761	319	2	study	study	NOUN
ajfa-11761	319	3	attempted	attempt	VERB
ajfa-11761	319	4	to	to	PART
ajfa-11761	319	5	explore	explore	VERB
ajfa-11761	319	6	the	the	DET
ajfa-11761	319	7	gaps	gap	NOUN
ajfa-11761	319	8	in	in	ADP
ajfa-11761	319	9	the	the	DET
ajfa-11761	319	10	study	study	NOUN
ajfa-11761	319	11	of	of	ADP
ajfa-11761	319	12	capital	capital	NOUN
ajfa-11761	319	13	structure	structure	NOUN
ajfa-11761	319	14	in	in	ADP
ajfa-11761	319	15	order	order	NOUN
ajfa-11761	319	16	to	to	PART
ajfa-11761	319	17	provide	provide	VERB
ajfa-11761	319	18	empirical	empirical	ADJ
ajfa-11761	319	19	evidence	evidence	NOUN
ajfa-11761	319	20	that	that	PRON
ajfa-11761	319	21	could	could	AUX
ajfa-11761	319	22	be	be	AUX
ajfa-11761	319	23	the	the	DET
ajfa-11761	319	24	basis	basis	NOUN
ajfa-11761	319	25	for	for	ADP
ajfa-11761	319	26	further	further	ADJ
ajfa-11761	319	27	research	research	NOUN
ajfa-11761	319	28	and	and	CCONJ
ajfa-11761	319	29	improved	improve	VERB
ajfa-11761	319	30	understanding	understanding	NOUN
ajfa-11761	319	31	in	in	ADP
ajfa-11761	319	32	this	this	DET
ajfa-11761	319	33	field	field	NOUN
ajfa-11761	319	34	.	.	PUNCT
ajfa-11761	320	1	the	the	DET
ajfa-11761	320	2	study	study	NOUN
ajfa-11761	320	3	also	also	ADV
ajfa-11761	320	4	attempted	attempt	VERB
ajfa-11761	320	5	to	to	PART
ajfa-11761	320	6	determine	determine	VERB
ajfa-11761	320	7	the	the	DET
ajfa-11761	320	8	extent	extent	NOUN
ajfa-11761	320	9	of	of	ADP
ajfa-11761	320	10	use	use	NOUN
ajfa-11761	320	11	of	of	ADP
ajfa-11761	320	12	debt	debt	NOUN
ajfa-11761	320	13	capital	capital	NOUN
ajfa-11761	320	14	between	between	ADP
ajfa-11761	320	15	companies	company	NOUN
ajfa-11761	320	16	in	in	ADP
ajfa-11761	320	17	south	south	PROPN
ajfa-11761	320	18	africa	africa	PROPN
ajfa-11761	320	19	and	and	CCONJ
ajfa-11761	320	20	how	how	SCONJ
ajfa-11761	320	21	they	they	PRON
ajfa-11761	320	22	compare	compare	VERB
ajfa-11761	320	23	with	with	ADP
ajfa-11761	320	24	their	their	PRON
ajfa-11761	320	25	sri	sri	ADJ
ajfa-11761	320	26	lankan	lankan	PROPN
ajfa-11761	320	27	counterparts	counterpart	NOUN
ajfa-11761	320	28	.	.	PUNCT
ajfa-11761	321	1	contrary	contrary	ADJ
ajfa-11761	321	2	to	to	ADP
ajfa-11761	321	3	the	the	DET
ajfa-11761	321	4	agency	agency	NOUN
ajfa-11761	321	5	-	-	PUNCT
ajfa-11761	321	6	cost	cost	NOUN
ajfa-11761	321	7	theory	theory	NOUN
ajfa-11761	321	8	which	which	PRON
ajfa-11761	321	9	suggests	suggest	VERB
ajfa-11761	321	10	that	that	SCONJ
ajfa-11761	321	11	high	high	ADJ
ajfa-11761	321	12	leverage	leverage	NOUN
ajfa-11761	321	13	levels	level	NOUN
ajfa-11761	321	14	can	can	AUX
ajfa-11761	321	15	help	help	VERB
ajfa-11761	321	16	firms	firm	NOUN
ajfa-11761	321	17	increase	increase	VERB
ajfa-11761	321	18	market	market	NOUN
ajfa-11761	321	19	value	value	NOUN
ajfa-11761	321	20	and	and	CCONJ
ajfa-11761	321	21	performance	performance	NOUN
ajfa-11761	321	22	,	,	PUNCT
ajfa-11761	321	23	the	the	DET
ajfa-11761	321	24	overall	overall	ADJ
ajfa-11761	321	25	results	result	NOUN
ajfa-11761	321	26	of	of	ADP
ajfa-11761	321	27	this	this	DET
ajfa-11761	321	28	study	study	NOUN
ajfa-11761	321	29	indicate	indicate	VERB
ajfa-11761	321	30	that	that	SCONJ
ajfa-11761	321	31	debt	debt	NOUN
ajfa-11761	321	32	capital	capital	NOUN
ajfa-11761	321	33	,	,	PUNCT
ajfa-11761	321	34	in	in	ADP
ajfa-11761	321	35	the	the	DET
ajfa-11761	321	36	form	form	NOUN
ajfa-11761	321	37	of	of	ADP
ajfa-11761	321	38	both	both	CCONJ
ajfa-11761	321	39	long	long	ADJ
ajfa-11761	321	40	-	-	PUNCT
ajfa-11761	321	41	term	term	NOUN
ajfa-11761	321	42	debt	debt	NOUN
ajfa-11761	321	43	and	and	CCONJ
ajfa-11761	321	44	short	short	ADJ
ajfa-11761	321	45	-	-	PUNCT
ajfa-11761	321	46	term	term	NOUN
ajfa-11761	321	47	debt	debt	NOUN
ajfa-11761	321	48	affects	affect	VERB
ajfa-11761	321	49	the	the	DET
ajfa-11761	321	50	financial	financial	ADJ
ajfa-11761	321	51	performance	performance	NOUN
ajfa-11761	321	52	of	of	ADP
ajfa-11761	321	53	the	the	DET
ajfa-11761	321	54	south	south	ADJ
ajfa-11761	321	55	african	african	ADJ
ajfa-11761	321	56	firms	firm	NOUN
ajfa-11761	321	57	operating	operate	VERB
ajfa-11761	321	58	in	in	ADP
ajfa-11761	321	59	the	the	DET
ajfa-11761	321	60	wholesale	wholesale	ADJ
ajfa-11761	321	61	and	and	CCONJ
ajfa-11761	321	62	retail	retail	ADJ
ajfa-11761	321	63	sector	sector	NOUN
ajfa-11761	321	64	significantly	significantly	ADV
ajfa-11761	321	65	and	and	CCONJ
ajfa-11761	321	66	negatively	negatively	ADV
ajfa-11761	321	67	.	.	PUNCT
ajfa-11761	322	1	these	these	DET
ajfa-11761	322	2	results	result	NOUN
ajfa-11761	322	3	are	be	AUX
ajfa-11761	322	4	consistent	consistent	ADJ
ajfa-11761	322	5	with	with	ADP
ajfa-11761	322	6	the	the	DET
ajfa-11761	322	7	pecking	pecking	NOUN
ajfa-11761	322	8	order	order	NOUN
ajfa-11761	322	9	theory	theory	NOUN
ajfa-11761	322	10	and	and	CCONJ
ajfa-11761	322	11	confirm	confirm	VERB
ajfa-11761	322	12	the	the	DET
ajfa-11761	322	13	findings	finding	NOUN
ajfa-11761	322	14	of	of	ADP
ajfa-11761	322	15	gleason	gleason	PROPN
ajfa-11761	322	16	et	et	PROPN
ajfa-11761	322	17	al	al	PROPN
ajfa-11761	322	18	.	.	PROPN
ajfa-11761	323	1	(	(	PUNCT
ajfa-11761	323	2	2000	2000	NUM
ajfa-11761	323	3	)	)	PUNCT
ajfa-11761	323	4	and	and	CCONJ
ajfa-11761	323	5	yazdanfar	yazdanfar	ADV
ajfa-11761	323	6	and	and	CCONJ
ajfa-11761	323	7	öhman	öhman	NOUN
ajfa-11761	323	8	(	(	PUNCT
ajfa-11761	323	9	2015	2015	NUM
ajfa-11761	323	10	)	)	PUNCT
ajfa-11761	323	11	which	which	PRON
ajfa-11761	323	12	indicated	indicate	VERB
ajfa-11761	323	13	that	that	SCONJ
ajfa-11761	323	14	debt	debt	NOUN
ajfa-11761	323	15	financing	financing	NOUN
ajfa-11761	323	16	affects	affect	VERB
ajfa-11761	323	17	the	the	DET
ajfa-11761	323	18	financial	financial	ADJ
ajfa-11761	323	19	performance	performance	NOUN
ajfa-11761	323	20	of	of	ADP
ajfa-11761	323	21	wholesalers	wholesaler	NOUN
ajfa-11761	323	22	and	and	CCONJ
ajfa-11761	323	23	retailers	retailer	NOUN
ajfa-11761	323	24	negatively	negatively	ADV
ajfa-11761	323	25	.	.	PUNCT
ajfa-11761	324	1	the	the	DET
ajfa-11761	324	2	results	result	NOUN
ajfa-11761	324	3	also	also	ADV
ajfa-11761	324	4	support	support	VERB
ajfa-11761	324	5	the	the	DET
ajfa-11761	324	6	most	most	ADV
ajfa-11761	324	7	influential	influential	ADJ
ajfa-11761	324	8	evidence	evidence	NOUN
ajfa-11761	324	9	provided	provide	VERB
ajfa-11761	324	10	by	by	ADP
ajfa-11761	324	11	myers	myers	PROPN
ajfa-11761	324	12	(	(	PUNCT
ajfa-11761	324	13	1984	1984	NUM
ajfa-11761	324	14	)	)	PUNCT
ajfa-11761	324	15	against	against	ADP
ajfa-11761	324	16	the	the	DET
ajfa-11761	324	17	static	static	ADJ
ajfa-11761	324	18	tradeoff	tradeoff	NOUN
ajfa-11761	324	19	theory	theory	NOUN
ajfa-11761	324	20	.	.	PUNCT
ajfa-11761	325	1	the	the	DET
ajfa-11761	325	2	study	study	NOUN
ajfa-11761	325	3	by	by	ADP
ajfa-11761	325	4	myers	myers	PROPN
ajfa-11761	325	5	(	(	PUNCT
ajfa-11761	325	6	1984	1984	NUM
ajfa-11761	325	7	)	)	PUNCT
ajfa-11761	325	8	founda	founda	NOUN
ajfa-11761	325	9	strong	strong	ADJ
ajfa-11761	325	10	inverse	inverse	NOUN
ajfa-11761	325	11	correlation	correlation	NOUN
ajfa-11761	325	12	between	between	ADP
ajfa-11761	325	13	profitability	profitability	NOUN
ajfa-11761	325	14	and	and	CCONJ
ajfa-11761	325	15	financial	financial	ADJ
ajfa-11761	325	16	leverage	leverage	NOUN
ajfa-11761	325	17	.	.	PUNCT
ajfa-11761	326	1	other	other	ADJ
ajfa-11761	326	2	researchers	researcher	NOUN
ajfa-11761	326	3	that	that	PRON
ajfa-11761	326	4	have	have	AUX
ajfa-11761	326	5	found	find	VERB
ajfa-11761	326	6	similar	similar	ADJ
ajfa-11761	326	7	results	result	NOUN
ajfa-11761	326	8	are	be	AUX
ajfa-11761	326	9	,	,	PUNCT
ajfa-11761	326	10	amongst	amongst	ADP
ajfa-11761	326	11	others	other	NOUN
ajfa-11761	326	12	,	,	PUNCT
ajfa-11761	326	13	booth	booth	NOUN
ajfa-11761	326	14	et	et	PROPN
ajfa-11761	326	15	al	al	PROPN
ajfa-11761	326	16	.	.	PROPN
ajfa-11761	327	1	(	(	PUNCT
ajfa-11761	327	2	2001	2001	NUM
ajfa-11761	327	3	)	)	PUNCT
ajfa-11761	327	4	;	;	PUNCT
ajfa-11761	327	5	fama	fama	PROPN
ajfa-11761	327	6	and	and	CCONJ
ajfa-11761	327	7	french	french	ADJ
ajfa-11761	327	8	(	(	PUNCT
ajfa-11761	327	9	2002	2002	NUM
ajfa-11761	327	10	)	)	PUNCT
ajfa-11761	327	11	;	;	PUNCT
ajfa-11761	327	12	goddard	goddard	PROPN
ajfa-11761	327	13	et	et	PROPN
ajfa-11761	327	14	al	al	PROPN
ajfa-11761	327	15	.	.	PUNCT
ajfa-11761	327	16	(	(	PUNCT
ajfa-11761	327	17	2005	2005	NUM
ajfa-11761	327	18	)	)	PUNCT
ajfa-11761	327	19	;	;	PUNCT
ajfa-11761	327	20	dawar(2014	dawar(2014	NOUN
ajfa-11761	327	21	)	)	PUNCT
ajfa-11761	327	22	,	,	PUNCT
ajfa-11761	327	23	etc	etc	X
ajfa-11761	327	24	.	.	X
ajfa-11761	327	25	asian	asian	ADJ
ajfa-11761	327	26	journal	journal	PROPN
ajfa-11761	327	27	of	of	ADP
ajfa-11761	327	28	finance	finance	PROPN
ajfa-11761	327	29	&	&	CCONJ
ajfa-11761	327	30	accounting	accounting	PROPN
ajfa-11761	327	31	issn	issn	PROPN
ajfa-11761	327	32	1946	1946	NUM
ajfa-11761	327	33	-	-	PUNCT
ajfa-11761	327	34	052x	052x	PROPN
ajfa-11761	327	35	2017	2017	NUM
ajfa-11761	327	36	,	,	PUNCT
ajfa-11761	327	37	vol	vol	NOUN
ajfa-11761	327	38	.	.	NOUN
ajfa-11761	327	39	9	9	NUM
ajfa-11761	327	40	,	,	PUNCT
ajfa-11761	327	41	no	no	NOUN
ajfa-11761	327	42	.	.	NOUN
ajfa-11761	327	43	2	2	NUM
ajfa-11761	327	44	ajfa.macrothink.org	ajfa.macrothink.org	PROPN
ajfa-11761	327	45	123	123	NUM
ajfa-11761	327	46	the	the	DET
ajfa-11761	327	47	results	result	NOUN
ajfa-11761	327	48	from	from	ADP
ajfa-11761	327	49	the	the	DET
ajfa-11761	327	50	south	south	ADJ
ajfa-11761	327	51	african	african	ADJ
ajfa-11761	327	52	firms	firm	NOUN
ajfa-11761	327	53	confirm	confirm	VERB
ajfa-11761	327	54	dawar	dawar	NOUN
ajfa-11761	327	55	(	(	PUNCT
ajfa-11761	327	56	2014	2014	NUM
ajfa-11761	327	57	)	)	PUNCT
ajfa-11761	327	58	’s	’	VERB
ajfa-11761	327	59	suggestions	suggestion	NOUN
ajfa-11761	327	60	that	that	SCONJ
ajfa-11761	327	61	the	the	DET
ajfa-11761	327	62	assumptions	assumption	NOUN
ajfa-11761	327	63	of	of	ADP
ajfa-11761	327	64	the	the	DET
ajfa-11761	327	65	agency	agency	NOUN
ajfa-11761	327	66	cost	cost	NOUN
ajfa-11761	327	67	theory	theory	NOUN
ajfa-11761	327	68	may	may	AUX
ajfa-11761	327	69	be	be	AUX
ajfa-11761	327	70	commonly	commonly	ADV
ajfa-11761	327	71	received	receive	VERB
ajfa-11761	327	72	and	and	CCONJ
ajfa-11761	327	73	accepted	accept	VERB
ajfa-11761	327	74	in	in	ADP
ajfa-11761	327	75	developed	develop	VERB
ajfa-11761	327	76	and	and	CCONJ
ajfa-11761	327	77	other	other	ADJ
ajfa-11761	327	78	emerging	emerge	VERB
ajfa-11761	327	79	markets	market	NOUN
ajfa-11761	327	80	,	,	PUNCT
ajfa-11761	327	81	but	but	CCONJ
ajfa-11761	327	82	this	this	PRON
ajfa-11761	327	83	is	be	AUX
ajfa-11761	327	84	not	not	PART
ajfa-11761	327	85	the	the	DET
ajfa-11761	327	86	case	case	NOUN
ajfa-11761	327	87	in	in	ADP
ajfa-11761	327	88	many	many	ADJ
ajfa-11761	327	89	developing	develop	VERB
ajfa-11761	327	90	and/or	and/or	CCONJ
ajfa-11761	327	91	underdeveloped	underdeveloped	ADJ
ajfa-11761	327	92	markets	market	NOUN
ajfa-11761	327	93	.	.	PUNCT
ajfa-11761	328	1	although	although	SCONJ
ajfa-11761	328	2	both	both	PRON
ajfa-11761	328	3	short	short	ADJ
ajfa-11761	328	4	-	-	PUNCT
ajfa-11761	328	5	term	term	NOUN
ajfa-11761	328	6	debt	debt	NOUN
ajfa-11761	328	7	capital	capital	NOUN
ajfa-11761	328	8	and	and	CCONJ
ajfa-11761	328	9	long	long	ADJ
ajfa-11761	328	10	-	-	PUNCT
ajfa-11761	328	11	term	term	NOUN
ajfa-11761	328	12	debt	debt	NOUN
ajfa-11761	328	13	capital	capital	NOUN
ajfa-11761	328	14	affect	affect	VERB
ajfa-11761	328	15	firm	firm	ADJ
ajfa-11761	328	16	performance	performance	NOUN
ajfa-11761	328	17	negatively	negatively	ADV
ajfa-11761	328	18	in	in	ADP
ajfa-11761	328	19	south	south	ADJ
ajfa-11761	328	20	african	african	ADJ
ajfa-11761	328	21	firms	firm	NOUN
ajfa-11761	328	22	,	,	PUNCT
ajfa-11761	328	23	only	only	ADV
ajfa-11761	328	24	short	short	ADJ
ajfa-11761	328	25	-	-	PUNCT
ajfa-11761	328	26	term	term	NOUN
ajfa-11761	328	27	debt	debt	NOUN
ajfa-11761	328	28	capital	capital	NOUN
ajfa-11761	328	29	affect	affect	VERB
ajfa-11761	328	30	the	the	DET
ajfa-11761	328	31	performance	performance	NOUN
ajfa-11761	328	32	of	of	ADP
ajfa-11761	328	33	the	the	DET
ajfa-11761	328	34	sri	sri	PROPN
ajfa-11761	328	35	lankan	lankan	PROPN
ajfa-11761	328	36	retail	retail	ADJ
ajfa-11761	328	37	companies	company	NOUN
ajfa-11761	328	38	significantly	significantly	ADV
ajfa-11761	328	39	and	and	CCONJ
ajfa-11761	328	40	negatively	negatively	ADV
ajfa-11761	328	41	.	.	PUNCT
ajfa-11761	329	1	long	long	ADJ
ajfa-11761	329	2	-	-	PUNCT
ajfa-11761	329	3	term	term	NOUN
ajfa-11761	329	4	debt	debt	NOUN
ajfa-11761	329	5	capital	capital	NOUN
ajfa-11761	329	6	of	of	ADP
ajfa-11761	329	7	the	the	DET
ajfa-11761	329	8	sri	sri	PROPN
ajfa-11761	329	9	lankan	lankan	PROPN
ajfa-11761	329	10	retail	retail	ADJ
ajfa-11761	329	11	companies	company	NOUN
ajfa-11761	329	12	has	have	VERB
ajfa-11761	329	13	a	a	DET
ajfa-11761	329	14	significant	significant	ADJ
ajfa-11761	329	15	positive	positive	ADJ
ajfa-11761	329	16	impact	impact	NOUN
ajfa-11761	329	17	on	on	ADP
ajfa-11761	329	18	the	the	DET
ajfa-11761	329	19	financial	financial	ADJ
ajfa-11761	329	20	their	their	PRON
ajfa-11761	329	21	performance	performance	NOUN
ajfa-11761	329	22	.	.	PUNCT
ajfa-11761	330	1	the	the	DET
ajfa-11761	330	2	companies	company	NOUN
ajfa-11761	330	3	from	from	ADP
ajfa-11761	330	4	both	both	DET
ajfa-11761	330	5	countries	country	NOUN
ajfa-11761	330	6	seem	seem	VERB
ajfa-11761	330	7	to	to	PART
ajfa-11761	330	8	prioritize	prioritize	VERB
ajfa-11761	330	9	the	the	DET
ajfa-11761	330	10	use	use	NOUN
ajfa-11761	330	11	of	of	ADP
ajfa-11761	330	12	short	short	ADJ
ajfa-11761	330	13	-	-	PUNCT
ajfa-11761	330	14	term	term	NOUN
ajfa-11761	330	15	debt	debt	NOUN
ajfa-11761	330	16	before	before	ADP
ajfa-11761	330	17	long	long	ADJ
ajfa-11761	330	18	-	-	PUNCT
ajfa-11761	330	19	term	term	NOUN
ajfa-11761	330	20	debt	debt	NOUN
ajfa-11761	330	21	,	,	PUNCT
ajfa-11761	330	22	and	and	CCONJ
ajfa-11761	330	23	this	this	PRON
ajfa-11761	330	24	could	could	AUX
ajfa-11761	330	25	be	be	AUX
ajfa-11761	330	26	due	due	ADJ
ajfa-11761	330	27	to	to	ADP
ajfa-11761	330	28	the	the	DET
ajfa-11761	330	29	ease	ease	NOUN
ajfa-11761	330	30	of	of	ADP
ajfa-11761	330	31	access	access	NOUN
ajfa-11761	330	32	of	of	ADP
ajfa-11761	330	33	short	short	ADJ
ajfa-11761	330	34	-	-	PUNCT
ajfa-11761	330	35	term	term	NOUN
ajfa-11761	330	36	debt	debt	NOUN
ajfa-11761	330	37	as	as	SCONJ
ajfa-11761	330	38	opposed	oppose	VERB
ajfa-11761	330	39	to	to	ADP
ajfa-11761	330	40	long	long	ADJ
ajfa-11761	330	41	-	-	PUNCT
ajfa-11761	330	42	term	term	NOUN
ajfa-11761	330	43	debt	debt	NOUN
ajfa-11761	330	44	which	which	PRON
ajfa-11761	330	45	usually	usually	ADV
ajfa-11761	330	46	has	have	VERB
ajfa-11761	330	47	unattractive	unattractive	ADJ
ajfa-11761	330	48	terms	term	NOUN
ajfa-11761	330	49	and	and	CCONJ
ajfa-11761	330	50	conditions	condition	NOUN
ajfa-11761	330	51	for	for	ADP
ajfa-11761	330	52	businesses	business	NOUN
ajfa-11761	330	53	.	.	PUNCT
ajfa-11761	331	1	as	as	SCONJ
ajfa-11761	331	2	pointed	point	VERB
ajfa-11761	331	3	out	out	ADP
ajfa-11761	331	4	by	by	ADP
ajfa-11761	331	5	yazdanfar	yazdanfar	ADJ
ajfa-11761	331	6	and	and	CCONJ
ajfa-11761	331	7	öhman	öhman	NOUN
ajfa-11761	331	8	(	(	PUNCT
ajfa-11761	331	9	2015	2015	NUM
ajfa-11761	331	10	)	)	PUNCT
ajfa-11761	331	11	,	,	PUNCT
ajfa-11761	331	12	‘	'	PUNCT
ajfa-11761	331	13	such	such	DET
ajfa-11761	331	14	a	a	DET
ajfa-11761	331	15	strategy	strategy	NOUN
ajfa-11761	331	16	can	can	AUX
ajfa-11761	331	17	reduce	reduce	VERB
ajfa-11761	331	18	the	the	DET
ajfa-11761	331	19	costs	cost	NOUN
ajfa-11761	331	20	related	relate	VERB
ajfa-11761	331	21	to	to	ADP
ajfa-11761	331	22	information	information	NOUN
ajfa-11761	331	23	asymmetry	asymmetry	NOUN
ajfa-11761	331	24	and	and	CCONJ
ajfa-11761	331	25	agency	agency	NOUN
ajfa-11761	331	26	conflicts	conflict	NOUN
ajfa-11761	331	27	.	.	PUNCT
ajfa-11761	332	1	the	the	PRON
ajfa-11761	332	2	lower	low	ADJ
ajfa-11761	332	3	the	the	DET
ajfa-11761	332	4	leverage	leverage	NOUN
ajfa-11761	332	5	level	level	NOUN
ajfa-11761	332	6	,	,	PUNCT
ajfa-11761	332	7	the	the	PRON
ajfa-11761	332	8	lower	low	ADJ
ajfa-11761	332	9	the	the	DET
ajfa-11761	332	10	agency	agency	NOUN
ajfa-11761	332	11	costs	cost	NOUN
ajfa-11761	332	12	of	of	ADP
ajfa-11761	332	13	external	external	ADJ
ajfa-11761	332	14	debt	debt	NOUN
ajfa-11761	332	15	and	and	CCONJ
ajfa-11761	332	16	the	the	PRON
ajfa-11761	332	17	higher	high	ADJ
ajfa-11761	332	18	the	the	DET
ajfa-11761	332	19	firm	firm	ADJ
ajfa-11761	332	20	profitability	profitability	NOUN
ajfa-11761	332	21	.	.	PUNCT
ajfa-11761	332	22	’	'	PUNCT
ajfa-11761	333	1	sri	sri	ADJ
ajfa-11761	333	2	lankan	lankan	ADJ
ajfa-11761	333	3	retailers	retailer	NOUN
ajfa-11761	333	4	seem	seem	VERB
ajfa-11761	333	5	to	to	PART
ajfa-11761	333	6	slightly	slightly	ADV
ajfa-11761	333	7	prefer	prefer	VERB
ajfa-11761	333	8	the	the	DET
ajfa-11761	333	9	use	use	NOUN
ajfa-11761	333	10	of	of	ADP
ajfa-11761	333	11	internal	internal	ADJ
ajfa-11761	333	12	financial	financial	ADJ
ajfa-11761	333	13	sources	source	NOUN
ajfa-11761	333	14	(	(	PUNCT
ajfa-11761	333	15	i.e.	i.e.	X
ajfa-11761	333	16	equity	equity	NOUN
ajfa-11761	333	17	capital	capital	NOUN
ajfa-11761	333	18	and	and	CCONJ
ajfa-11761	333	19	retained	retain	VERB
ajfa-11761	333	20	earnings	earning	NOUN
ajfa-11761	333	21	)	)	PUNCT
ajfa-11761	333	22	as	as	SCONJ
ajfa-11761	333	23	opposed	oppose	VERB
ajfa-11761	333	24	to	to	ADP
ajfa-11761	333	25	external	external	ADJ
ajfa-11761	333	26	funding	funding	NOUN
ajfa-11761	333	27	as	as	SCONJ
ajfa-11761	333	28	they	they	PRON
ajfa-11761	333	29	use	use	VERB
ajfa-11761	333	30	debt	debt	NOUN
ajfa-11761	333	31	capitalto	capitalto	NOUN
ajfa-11761	333	32	finance	finance	VERB
ajfa-11761	333	33	less	less	ADJ
ajfa-11761	333	34	than	than	ADP
ajfa-11761	333	35	half	half	NOUN
ajfa-11761	333	36	of	of	ADP
ajfa-11761	333	37	their	their	PRON
ajfa-11761	333	38	total	total	ADJ
ajfa-11761	333	39	assets	asset	NOUN
ajfa-11761	333	40	.	.	PUNCT
ajfa-11761	334	1	the	the	DET
ajfa-11761	334	2	size	size	NOUN
ajfa-11761	334	3	of	of	ADP
ajfa-11761	334	4	the	the	DET
ajfa-11761	334	5	firm	firm	NOUN
ajfa-11761	334	6	,	,	PUNCT
ajfa-11761	334	7	in	in	ADP
ajfa-11761	334	8	the	the	DET
ajfa-11761	334	9	case	case	NOUN
ajfa-11761	334	10	of	of	ADP
ajfa-11761	334	11	both	both	CCONJ
ajfa-11761	334	12	south	south	PROPN
ajfa-11761	334	13	africa	africa	PROPN
ajfa-11761	334	14	and	and	CCONJ
ajfa-11761	334	15	sri	sri	PROPN
ajfa-11761	334	16	lanka	lanka	PROPN
ajfa-11761	334	17	,	,	PUNCT
ajfa-11761	334	18	has	have	VERB
ajfa-11761	334	19	a	a	DET
ajfa-11761	334	20	significant	significant	ADJ
ajfa-11761	334	21	and	and	CCONJ
ajfa-11761	334	22	positive	positive	ADJ
ajfa-11761	334	23	impact	impact	NOUN
ajfa-11761	334	24	on	on	ADP
ajfa-11761	334	25	company	company	NOUN
ajfa-11761	334	26	performances	performance	NOUN
ajfa-11761	334	27	,	,	PUNCT
ajfa-11761	334	28	which	which	PRON
ajfa-11761	334	29	is	be	AUX
ajfa-11761	334	30	a	a	DET
ajfa-11761	334	31	contradiction	contradiction	NOUN
ajfa-11761	334	32	to	to	ADP
ajfa-11761	334	33	the	the	DET
ajfa-11761	334	34	findings	finding	NOUN
ajfa-11761	334	35	of	of	ADP
ajfa-11761	334	36	yazdanfar	yazdanfar	ADJ
ajfa-11761	334	37	and	and	CCONJ
ajfa-11761	334	38	öhman	öhman	NOUN
ajfa-11761	334	39	(	(	PUNCT
ajfa-11761	334	40	2015	2015	NUM
ajfa-11761	334	41	)	)	PUNCT
ajfa-11761	334	42	’s	’s	PART
ajfa-11761	334	43	study	study	NOUN
ajfa-11761	334	44	which	which	PRON
ajfa-11761	334	45	indicated	indicate	VERB
ajfa-11761	334	46	that	that	DET
ajfa-11761	334	47	size	size	NOUN
ajfa-11761	334	48	had	have	VERB
ajfa-11761	334	49	a	a	DET
ajfa-11761	334	50	significantly	significantly	ADV
ajfa-11761	334	51	negative	negative	ADJ
ajfa-11761	334	52	relationship	relationship	NOUN
ajfa-11761	334	53	with	with	ADP
ajfa-11761	334	54	profitability	profitability	NOUN
ajfa-11761	334	55	in	in	ADP
ajfa-11761	334	56	the	the	DET
ajfa-11761	334	57	retail	retail	ADJ
ajfa-11761	334	58	trade	trade	NOUN
ajfa-11761	334	59	and	and	CCONJ
ajfa-11761	334	60	wholesale	wholesale	ADJ
ajfa-11761	334	61	sectors	sector	NOUN
ajfa-11761	334	62	.	.	PUNCT
ajfa-11761	335	1	however	however	ADV
ajfa-11761	335	2	,	,	PUNCT
ajfa-11761	335	3	the	the	DET
ajfa-11761	335	4	size	size	NOUN
ajfa-11761	335	5	-	-	PUNCT
ajfa-11761	335	6	performance	performance	NOUN
ajfa-11761	335	7	relationship	relationship	NOUN
ajfa-11761	335	8	supports	support	VERB
ajfa-11761	335	9	the	the	DET
ajfa-11761	335	10	findings	finding	NOUN
ajfa-11761	335	11	of	of	ADP
ajfa-11761	335	12	gleason	gleason	PROPN
ajfa-11761	335	13	et	et	PROPN
ajfa-11761	335	14	al	al	PROPN
ajfa-11761	335	15	.	.	PROPN
ajfa-11761	336	1	(	(	PUNCT
ajfa-11761	336	2	2000	2000	NUM
ajfa-11761	336	3	)	)	PUNCT
ajfa-11761	336	4	’s	’s	PART
ajfa-11761	336	5	study	study	NOUN
ajfa-11761	336	6	which	which	PRON
ajfa-11761	336	7	indicated	indicate	VERB
ajfa-11761	336	8	that	that	SCONJ
ajfa-11761	336	9	firm	firm	ADJ
ajfa-11761	336	10	size	size	NOUN
ajfa-11761	336	11	also	also	ADV
ajfa-11761	336	12	influences	influence	VERB
ajfa-11761	336	13	performance	performance	NOUN
ajfa-11761	336	14	,	,	PUNCT
ajfa-11761	336	15	with	with	ADP
ajfa-11761	336	16	larger	large	ADJ
ajfa-11761	336	17	retailers	retailer	NOUN
ajfa-11761	336	18	earning	earn	VERB
ajfa-11761	336	19	higher	high	ADJ
ajfa-11761	336	20	return	return	NOUN
ajfa-11761	336	21	on	on	ADP
ajfa-11761	336	22	assets	asset	NOUN
ajfa-11761	336	23	compared	compare	VERB
ajfa-11761	336	24	to	to	ADP
ajfa-11761	336	25	smaller	small	ADJ
ajfa-11761	336	26	retailers	retailer	NOUN
ajfa-11761	336	27	.	.	PUNCT
ajfa-11761	337	1	this	this	PRON
ajfa-11761	337	2	indicates	indicate	VERB
ajfa-11761	337	3	that	that	SCONJ
ajfa-11761	337	4	larger	large	ADJ
ajfa-11761	337	5	companies	company	NOUN
ajfa-11761	337	6	in	in	ADP
ajfa-11761	337	7	the	the	DET
ajfa-11761	337	8	wholesale	wholesale	ADJ
ajfa-11761	337	9	and	and	CCONJ
ajfa-11761	337	10	retail	retail	ADJ
ajfa-11761	337	11	sector	sector	NOUN
ajfa-11761	337	12	are	be	AUX
ajfa-11761	337	13	,	,	PUNCT
ajfa-11761	337	14	on	on	ADP
ajfa-11761	337	15	average	average	ADJ
ajfa-11761	337	16	,	,	PUNCT
ajfa-11761	337	17	more	more	ADV
ajfa-11761	337	18	likely	likely	ADJ
ajfa-11761	337	19	to	to	PART
ajfa-11761	337	20	be	be	AUX
ajfa-11761	337	21	profitable	profitable	ADJ
ajfa-11761	337	22	or	or	CCONJ
ajfa-11761	337	23	perform	perform	VERB
ajfa-11761	337	24	well	well	ADV
ajfa-11761	337	25	financially	financially	ADV
ajfa-11761	337	26	than	than	ADP
ajfa-11761	337	27	their	their	PRON
ajfa-11761	337	28	small	small	ADJ
ajfa-11761	337	29	counterparts	counterpart	NOUN
ajfa-11761	337	30	.	.	PUNCT
ajfa-11761	338	1	younger	young	ADJ
ajfa-11761	338	2	firms	firm	NOUN
ajfa-11761	338	3	from	from	ADP
ajfa-11761	338	4	both	both	DET
ajfa-11761	338	5	countries	country	NOUN
ajfa-11761	338	6	seem	seem	VERB
ajfa-11761	338	7	to	to	PART
ajfa-11761	338	8	be	be	AUX
ajfa-11761	338	9	performing	perform	VERB
ajfa-11761	338	10	well	well	ADV
ajfa-11761	338	11	financially	financially	ADV
ajfa-11761	338	12	than	than	ADP
ajfa-11761	338	13	their	their	PRON
ajfa-11761	338	14	older	old	ADJ
ajfa-11761	338	15	counterparts	counterpart	NOUN
ajfa-11761	338	16	,	,	PUNCT
ajfa-11761	338	17	as	as	SCONJ
ajfa-11761	338	18	they	they	PRON
ajfa-11761	338	19	may	may	AUX
ajfa-11761	338	20	be	be	AUX
ajfa-11761	338	21	flexible	flexible	ADJ
ajfa-11761	338	22	in	in	ADP
ajfa-11761	338	23	adjusting	adjust	VERB
ajfa-11761	338	24	or	or	CCONJ
ajfa-11761	338	25	adapting	adapt	VERB
ajfa-11761	338	26	to	to	ADP
ajfa-11761	338	27	rapid	rapid	ADJ
ajfa-11761	338	28	changes	change	NOUN
ajfa-11761	338	29	that	that	PRON
ajfa-11761	338	30	have	have	AUX
ajfa-11761	338	31	been	be	AUX
ajfa-11761	338	32	one	one	NUM
ajfa-11761	338	33	of	of	ADP
ajfa-11761	338	34	the	the	DET
ajfa-11761	338	35	characteristics	characteristic	NOUN
ajfa-11761	338	36	of	of	ADP
ajfa-11761	338	37	this	this	DET
ajfa-11761	338	38	particular	particular	ADJ
ajfa-11761	338	39	industry	industry	NOUN
ajfa-11761	338	40	in	in	ADP
ajfa-11761	338	41	recent	recent	ADJ
ajfa-11761	338	42	years	year	NOUN
ajfa-11761	338	43	.	.	PUNCT
ajfa-11761	339	1	this	this	PRON
ajfa-11761	339	2	is	be	AUX
ajfa-11761	339	3	shown	show	VERB
ajfa-11761	339	4	by	by	ADP
ajfa-11761	339	5	the	the	DET
ajfa-11761	339	6	significant	significant	ADJ
ajfa-11761	339	7	negative	negative	ADJ
ajfa-11761	339	8	relationship	relationship	NOUN
ajfa-11761	339	9	between	between	ADP
ajfa-11761	339	10	age	age	NOUN
ajfa-11761	339	11	of	of	ADP
ajfa-11761	339	12	the	the	DET
ajfa-11761	339	13	south	south	ADJ
ajfa-11761	339	14	african	african	ADJ
ajfa-11761	339	15	firms	firm	NOUN
ajfa-11761	339	16	and	and	CCONJ
ajfa-11761	339	17	the	the	DET
ajfa-11761	339	18	financial	financial	ADJ
ajfa-11761	339	19	performance	performance	NOUN
ajfa-11761	339	20	of	of	ADP
ajfa-11761	339	21	the	the	DET
ajfa-11761	339	22	firm	firm	NOUN
ajfa-11761	339	23	.	.	PUNCT
ajfa-11761	340	1	the	the	DET
ajfa-11761	340	2	same	same	ADJ
ajfa-11761	340	3	age	age	NOUN
ajfa-11761	340	4	-	-	PUNCT
ajfa-11761	340	5	performance	performance	NOUN
ajfa-11761	340	6	association	association	NOUN
ajfa-11761	340	7	is	be	AUX
ajfa-11761	340	8	found	find	VERB
ajfa-11761	340	9	in	in	ADP
ajfa-11761	340	10	sri	sri	ADJ
ajfa-11761	340	11	lankan	lankan	ADJ
ajfa-11761	340	12	retailers	retailer	NOUN
ajfa-11761	340	13	as	as	ADV
ajfa-11761	340	14	well	well	ADV
ajfa-11761	340	15	.	.	PUNCT
ajfa-11761	341	1	this	this	PRON
ajfa-11761	341	2	confirms	confirm	VERB
ajfa-11761	341	3	the	the	DET
ajfa-11761	341	4	results	result	NOUN
ajfa-11761	341	5	of	of	ADP
ajfa-11761	341	6	warusawitharana	warusawitharana	PROPN
ajfa-11761	341	7	(	(	PUNCT
ajfa-11761	341	8	2014	2014	NUM
ajfa-11761	341	9	)	)	PUNCT
ajfa-11761	341	10	,	,	PUNCT
ajfa-11761	341	11	dawar	dawar	NOUN
ajfa-11761	341	12	(	(	PUNCT
ajfa-11761	341	13	2014	2014	NUM
ajfa-11761	341	14	)	)	PUNCT
ajfa-11761	341	15	and	and	CCONJ
ajfa-11761	341	16	yazdanfar	yazdanfar	ADV
ajfa-11761	341	17	and	and	CCONJ
ajfa-11761	341	18	öhman	öhman	NOUN
ajfa-11761	341	19	(	(	PUNCT
ajfa-11761	341	20	2015).the	2015).the	DET
ajfa-11761	341	21	researcher	researcher	NOUN
ajfa-11761	341	22	stated	state	VERB
ajfa-11761	341	23	that	that	SCONJ
ajfa-11761	341	24	as	as	ADP
ajfa-11761	341	25	firms	firm	NOUN
ajfa-11761	341	26	age	age	NOUN
ajfa-11761	341	27	,	,	PUNCT
ajfa-11761	341	28	they	they	PRON
ajfa-11761	341	29	tend	tend	VERB
ajfa-11761	341	30	to	to	PART
ajfa-11761	341	31	be	be	AUX
ajfa-11761	341	32	more	more	ADV
ajfa-11761	341	33	likely	likely	ADJ
ajfa-11761	341	34	to	to	PART
ajfa-11761	341	35	transition	transition	VERB
ajfa-11761	341	36	towards	towards	ADP
ajfa-11761	341	37	being	be	AUX
ajfa-11761	341	38	less	less	ADV
ajfa-11761	341	39	-	-	PUNCT
ajfa-11761	341	40	profitable	profitable	ADJ
ajfa-11761	341	41	firms	firm	NOUN
ajfa-11761	341	42	.	.	PUNCT
ajfa-11761	342	1	although	although	SCONJ
ajfa-11761	342	2	the	the	DET
ajfa-11761	342	3	south	south	ADJ
ajfa-11761	342	4	african	african	ADJ
ajfa-11761	342	5	firms	firm	NOUN
ajfa-11761	342	6	seem	seem	VERB
ajfa-11761	342	7	to	to	PART
ajfa-11761	342	8	be	be	AUX
ajfa-11761	342	9	trying	try	VERB
ajfa-11761	342	10	to	to	PART
ajfa-11761	342	11	balance	balance	VERB
ajfa-11761	342	12	the	the	DET
ajfa-11761	342	13	use	use	NOUN
ajfa-11761	342	14	of	of	ADP
ajfa-11761	342	15	debt	debt	NOUN
ajfa-11761	342	16	and	and	CCONJ
ajfa-11761	342	17	equity	equity	NOUN
ajfa-11761	342	18	in	in	ADP
ajfa-11761	342	19	terms	term	NOUN
ajfa-11761	342	20	of	of	ADP
ajfa-11761	342	21	percentage	percentage	NOUN
ajfa-11761	342	22	(	(	PUNCT
ajfa-11761	342	23	debt	debt	NOUN
ajfa-11761	342	24	use	use	NOUN
ajfa-11761	342	25	=	=	PUNCT
ajfa-11761	342	26	52	52	NUM
ajfa-11761	342	27	%	%	NOUN
ajfa-11761	342	28	;	;	PUNCT
ajfa-11761	342	29	equity	equity	NOUN
ajfa-11761	342	30	use	use	NOUN
ajfa-11761	342	31	=	=	PUNCT
ajfa-11761	342	32	48	48	NUM
ajfa-11761	342	33	%	%	NOUN
ajfa-11761	342	34	)	)	PUNCT
ajfa-11761	342	35	,	,	PUNCT
ajfa-11761	342	36	the	the	DET
ajfa-11761	342	37	empirical	empirical	ADJ
ajfa-11761	342	38	evidence	evidence	NOUN
ajfa-11761	342	39	provided	provide	VERB
ajfa-11761	342	40	by	by	ADP
ajfa-11761	342	41	the	the	DET
ajfa-11761	342	42	current	current	ADJ
ajfa-11761	342	43	study	study	NOUN
ajfa-11761	342	44	shows	show	VERB
ajfa-11761	342	45	that	that	SCONJ
ajfa-11761	342	46	the	the	DET
ajfa-11761	342	47	negative	negative	ADJ
ajfa-11761	342	48	impact	impact	NOUN
ajfa-11761	342	49	of	of	ADP
ajfa-11761	342	50	debt	debt	NOUN
ajfa-11761	342	51	capital	capital	NOUN
ajfa-11761	342	52	on	on	ADP
ajfa-11761	342	53	firm	firm	ADJ
ajfa-11761	342	54	performance	performance	NOUN
ajfa-11761	342	55	suggest	suggest	VERB
ajfa-11761	342	56	that	that	SCONJ
ajfa-11761	342	57	debt	debt	NOUN
ajfa-11761	342	58	levels	level	NOUN
ajfa-11761	342	59	in	in	ADP
ajfa-11761	342	60	these	these	DET
ajfa-11761	342	61	firms	firm	NOUN
ajfa-11761	342	62	need	need	VERB
ajfa-11761	342	63	to	to	PART
ajfa-11761	342	64	be	be	AUX
ajfa-11761	342	65	cut	cut	VERB
ajfa-11761	342	66	down	down	ADP
ajfa-11761	342	67	to	to	PART
ajfa-11761	342	68	ensure	ensure	VERB
ajfa-11761	342	69	improved	improved	ADJ
ajfa-11761	342	70	performances	performance	NOUN
ajfa-11761	342	71	.	.	PUNCT
ajfa-11761	343	1	this	this	PRON
ajfa-11761	343	2	suggests	suggest	VERB
ajfa-11761	343	3	that	that	SCONJ
ajfa-11761	343	4	managers	manager	NOUN
ajfa-11761	343	5	of	of	ADP
ajfa-11761	343	6	profitable	profitable	ADJ
ajfa-11761	343	7	companies	company	NOUN
ajfa-11761	343	8	operating	operate	VERB
ajfa-11761	343	9	in	in	ADP
ajfa-11761	343	10	the	the	DET
ajfa-11761	343	11	south	south	ADJ
ajfa-11761	343	12	african	african	ADJ
ajfa-11761	343	13	wholesale	wholesale	ADJ
ajfa-11761	343	14	and	and	CCONJ
ajfa-11761	343	15	retail	retail	ADJ
ajfa-11761	343	16	sector	sector	NOUN
ajfa-11761	343	17	can	can	AUX
ajfa-11761	343	18	use	use	VERB
ajfa-11761	343	19	equity	equity	NOUN
ajfa-11761	343	20	capital	capital	NOUN
ajfa-11761	343	21	and	and	CCONJ
ajfa-11761	343	22	retained	retain	VERB
ajfa-11761	343	23	earnings	earning	NOUN
ajfa-11761	343	24	efficiently	efficiently	ADV
ajfa-11761	343	25	,	,	PUNCT
ajfa-11761	343	26	thereby	thereby	ADV
ajfa-11761	343	27	minimizing	minimize	VERB
ajfa-11761	343	28	conflicts	conflict	NOUN
ajfa-11761	343	29	of	of	ADP
ajfa-11761	343	30	agency	agency	NOUN
ajfa-11761	343	31	or	or	CCONJ
ajfa-11761	343	32	agency	agency	NOUN
ajfa-11761	343	33	costs	cost	NOUN
ajfa-11761	343	34	and	and	CCONJ
ajfa-11761	343	35	remaining	remain	VERB
ajfa-11761	343	36	independent	independent	ADJ
ajfa-11761	343	37	of	of	ADP
ajfa-11761	343	38	external	external	ADJ
ajfa-11761	343	39	financiers	financier	NOUN
ajfa-11761	343	40	.	.	PUNCT
ajfa-11761	344	1	in	in	ADP
ajfa-11761	344	2	the	the	DET
ajfa-11761	344	3	case	case	NOUN
ajfa-11761	344	4	of	of	ADP
ajfa-11761	344	5	sri	sri	PROPN
ajfa-11761	344	6	lanka	lanka	PROPN
ajfa-11761	344	7	,	,	PUNCT
ajfa-11761	344	8	the	the	DET
ajfa-11761	344	9	owners	owner	NOUN
ajfa-11761	344	10	and	and	CCONJ
ajfa-11761	344	11	managers	manager	NOUN
ajfa-11761	344	12	of	of	ADP
ajfa-11761	344	13	the	the	DET
ajfa-11761	344	14	retail	retail	ADJ
ajfa-11761	344	15	companies	company	NOUN
ajfa-11761	344	16	should	should	AUX
ajfa-11761	344	17	consider	consider	VERB
ajfa-11761	344	18	reducing	reduce	VERB
ajfa-11761	344	19	the	the	DET
ajfa-11761	344	20	use	use	NOUN
ajfa-11761	344	21	of	of	ADP
ajfa-11761	344	22	short	short	ADJ
ajfa-11761	344	23	-	-	PUNCT
ajfa-11761	344	24	term	term	NOUN
ajfa-11761	344	25	debt	debt	NOUN
ajfa-11761	344	26	and	and	CCONJ
ajfa-11761	344	27	increase	increase	VERB
ajfa-11761	344	28	long	long	ADJ
ajfa-11761	344	29	-	-	PUNCT
ajfa-11761	344	30	term	term	NOUN
ajfa-11761	344	31	debt	debt	NOUN
ajfa-11761	344	32	capital	capital	NOUN
ajfa-11761	344	33	as	as	SCONJ
ajfa-11761	344	34	long	long	ADJ
ajfa-11761	344	35	-	-	PUNCT
ajfa-11761	344	36	term	term	NOUN
ajfa-11761	344	37	debt	debt	NOUN
ajfa-11761	344	38	seems	seem	VERB
ajfa-11761	344	39	to	to	ADP
ajfa-11761	344	40	asian	asian	ADJ
ajfa-11761	344	41	journal	journal	NOUN
ajfa-11761	344	42	of	of	ADP
ajfa-11761	344	43	finance	finance	PROPN
ajfa-11761	344	44	&	&	CCONJ
ajfa-11761	344	45	accounting	accounting	PROPN
ajfa-11761	344	46	issn	issn	PROPN
ajfa-11761	344	47	1946	1946	NUM
ajfa-11761	344	48	-	-	PUNCT
ajfa-11761	344	49	052x	052x	PROPN
ajfa-11761	344	50	2017	2017	NUM
ajfa-11761	344	51	,	,	PUNCT
ajfa-11761	344	52	vol	vol	NOUN
ajfa-11761	344	53	.	.	NOUN
ajfa-11761	344	54	9	9	NUM
ajfa-11761	344	55	,	,	PUNCT
ajfa-11761	344	56	no	no	NOUN
ajfa-11761	344	57	.	.	NOUN
ajfa-11761	344	58	2	2	NUM
ajfa-11761	344	59	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	344	60	124	124	NUM
ajfa-11761	344	61	influence	influence	NOUN
ajfa-11761	344	62	their	their	PRON
ajfa-11761	344	63	financial	financial	ADJ
ajfa-11761	344	64	performances	performance	NOUN
ajfa-11761	344	65	positively	positively	ADV
ajfa-11761	344	66	.	.	PUNCT
ajfa-11761	345	1	they	they	PRON
ajfa-11761	345	2	can	can	AUX
ajfa-11761	345	3	use	use	VERB
ajfa-11761	345	4	more	more	ADJ
ajfa-11761	345	5	long	long	ADJ
ajfa-11761	345	6	-	-	PUNCT
ajfa-11761	345	7	term	term	NOUN
ajfa-11761	345	8	debt	debt	NOUN
ajfa-11761	345	9	capital	capital	NOUN
ajfa-11761	345	10	to	to	ADP
ajfa-11761	345	11	a	a	DET
ajfa-11761	345	12	point	point	NOUN
ajfa-11761	345	13	where	where	SCONJ
ajfa-11761	345	14	profits	profit	NOUN
ajfa-11761	345	15	are	be	AUX
ajfa-11761	345	16	maximized	maximize	VERB
ajfa-11761	345	17	and	and	CCONJ
ajfa-11761	345	18	it	it	PRON
ajfa-11761	345	19	’s	’	VERB
ajfa-11761	345	20	no	no	ADV
ajfa-11761	345	21	longer	long	ADV
ajfa-11761	345	22	sensible	sensible	ADJ
ajfa-11761	345	23	for	for	SCONJ
ajfa-11761	345	24	them	they	PRON
ajfa-11761	345	25	to	to	PART
ajfa-11761	345	26	issue	issue	VERB
ajfa-11761	345	27	more	more	ADJ
ajfa-11761	345	28	long	long	ADJ
ajfa-11761	345	29	-	-	PUNCT
ajfa-11761	345	30	term	term	NOUN
ajfa-11761	345	31	debt	debt	NOUN
ajfa-11761	345	32	.	.	PUNCT
ajfa-11761	346	1	future	future	ADJ
ajfa-11761	346	2	research	research	NOUN
ajfa-11761	346	3	can	can	AUX
ajfa-11761	346	4	explore	explore	VERB
ajfa-11761	346	5	and	and	CCONJ
ajfa-11761	346	6	study	study	VERB
ajfa-11761	346	7	the	the	DET
ajfa-11761	346	8	impact	impact	NOUN
ajfa-11761	346	9	of	of	ADP
ajfa-11761	346	10	debt	debt	NOUN
ajfa-11761	346	11	capital	capital	NOUN
ajfa-11761	346	12	on	on	ADP
ajfa-11761	346	13	the	the	DET
ajfa-11761	346	14	financial	financial	ADJ
ajfa-11761	346	15	performance	performance	NOUN
ajfa-11761	346	16	of	of	ADP
ajfa-11761	346	17	companies	company	NOUN
ajfa-11761	346	18	in	in	ADP
ajfa-11761	346	19	other	other	ADJ
ajfa-11761	346	20	sectors	sector	NOUN
ajfa-11761	346	21	individually	individually	ADV
ajfa-11761	346	22	for	for	ADP
ajfa-11761	346	23	in	in	ADP
ajfa-11761	346	24	-	-	PUNCT
ajfa-11761	346	25	depth	depth	NOUN
ajfa-11761	346	26	understanding	understanding	NOUN
ajfa-11761	346	27	of	of	ADP
ajfa-11761	346	28	this	this	DET
ajfa-11761	346	29	impact	impact	NOUN
ajfa-11761	346	30	in	in	ADP
ajfa-11761	346	31	specific	specific	ADJ
ajfa-11761	346	32	sectors	sector	NOUN
ajfa-11761	346	33	.	.	PUNCT
ajfa-11761	347	1	it	it	PRON
ajfa-11761	347	2	is	be	AUX
ajfa-11761	347	3	suggested	suggest	VERB
ajfa-11761	347	4	to	to	PART
ajfa-11761	347	5	contribute	contribute	VERB
ajfa-11761	347	6	to	to	ADP
ajfa-11761	347	7	the	the	DET
ajfa-11761	347	8	literature	literature	NOUN
ajfa-11761	347	9	by	by	ADP
ajfa-11761	347	10	studying	study	VERB
ajfa-11761	347	11	the	the	DET
ajfa-11761	347	12	wholesale	wholesale	ADJ
ajfa-11761	347	13	and	and	CCONJ
ajfa-11761	347	14	retail	retail	ADJ
ajfa-11761	347	15	sector	sector	NOUN
ajfa-11761	347	16	individually	individually	ADV
ajfa-11761	347	17	in	in	ADP
ajfa-11761	347	18	other	other	ADJ
ajfa-11761	347	19	regions	region	NOUN
ajfa-11761	347	20	(	(	PUNCT
ajfa-11761	347	21	countries	country	NOUN
ajfa-11761	347	22	)	)	PUNCT
ajfa-11761	347	23	as	as	SCONJ
ajfa-11761	347	24	location	location	NOUN
ajfa-11761	347	25	has	have	AUX
ajfa-11761	347	26	proved	prove	VERB
ajfa-11761	347	27	to	to	PART
ajfa-11761	347	28	be	be	AUX
ajfa-11761	347	29	a	a	DET
ajfa-11761	347	30	significant	significant	ADJ
ajfa-11761	347	31	factor	factor	NOUN
ajfa-11761	347	32	when	when	SCONJ
ajfa-11761	347	33	it	it	PRON
ajfa-11761	347	34	comes	come	VERB
ajfa-11761	347	35	to	to	ADP
ajfa-11761	347	36	the	the	DET
ajfa-11761	347	37	choice	choice	NOUN
ajfa-11761	347	38	of	of	ADP
ajfa-11761	347	39	capital	capital	NOUN
ajfa-11761	347	40	structure	structure	NOUN
ajfa-11761	347	41	and	and	CCONJ
ajfa-11761	347	42	its	its	PRON
ajfa-11761	347	43	impact	impact	NOUN
ajfa-11761	347	44	on	on	ADP
ajfa-11761	347	45	the	the	DET
ajfa-11761	347	46	financial	financial	ADJ
ajfa-11761	347	47	performance	performance	NOUN
ajfa-11761	347	48	of	of	ADP
ajfa-11761	347	49	the	the	DET
ajfa-11761	347	50	companies	company	NOUN
ajfa-11761	347	51	.	.	PUNCT
ajfa-11761	348	1	references	reference	NOUN
ajfa-11761	348	2	abeywardhana	abeywardhana	PROPN
ajfa-11761	348	3	,	,	PUNCT
ajfa-11761	349	1	d.	d.	PROPN
ajfa-11761	349	2	k.	k.	PROPN
ajfa-11761	349	3	y.	y.	PROPN
ajfa-11761	349	4	(	(	PUNCT
ajfa-11761	349	5	2015	2015	NUM
ajfa-11761	349	6	)	)	PUNCT
ajfa-11761	349	7	.	.	PUNCT
ajfa-11761	350	1	capital	capital	NOUN
ajfa-11761	350	2	structure	structure	NOUN
ajfa-11761	350	3	and	and	CCONJ
ajfa-11761	350	4	profitability	profitability	NOUN
ajfa-11761	350	5	:	:	PUNCT
ajfa-11761	350	6	an	an	DET
ajfa-11761	350	7	empirical	empirical	ADJ
ajfa-11761	350	8	analysis	analysis	NOUN
ajfa-11761	350	9	of	of	ADP
ajfa-11761	350	10	smes	sme	NOUN
ajfa-11761	350	11	in	in	ADP
ajfa-11761	350	12	the	the	DET
ajfa-11761	350	13	uk	uk	PROPN
ajfa-11761	350	14	.	.	PROPN
ajfa-11761	350	15	abor	abor	PROPN
ajfa-11761	350	16	,	,	PUNCT
ajfa-11761	350	17	j.	j.	PROPN
ajfa-11761	350	18	(	(	PUNCT
ajfa-11761	350	19	2005	2005	NUM
ajfa-11761	350	20	)	)	PUNCT
ajfa-11761	350	21	.	.	PUNCT
ajfa-11761	351	1	the	the	DET
ajfa-11761	351	2	effect	effect	NOUN
ajfa-11761	351	3	of	of	ADP
ajfa-11761	351	4	capital	capital	NOUN
ajfa-11761	351	5	structure	structure	NOUN
ajfa-11761	351	6	on	on	ADP
ajfa-11761	351	7	profitability	profitability	NOUN
ajfa-11761	351	8	:	:	PUNCT
ajfa-11761	351	9	an	an	DET
ajfa-11761	351	10	empirical	empirical	ADJ
ajfa-11761	351	11	analysis	analysis	NOUN
ajfa-11761	351	12	of	of	ADP
ajfa-11761	351	13	listed	list	VERB
ajfa-11761	351	14	firms	firm	NOUN
ajfa-11761	351	15	in	in	ADP
ajfa-11761	351	16	ghana	ghana	PROPN
ajfa-11761	351	17	.	.	PUNCT
ajfa-11761	352	1	the	the	DET
ajfa-11761	352	2	journal	journal	NOUN
ajfa-11761	352	3	of	of	ADP
ajfa-11761	352	4	risk	risk	NOUN
ajfa-11761	352	5	finance	finance	NOUN
ajfa-11761	352	6	,	,	PUNCT
ajfa-11761	352	7	6(5	6(5	NUM
ajfa-11761	352	8	)	)	PUNCT
ajfa-11761	352	9	,	,	PUNCT
ajfa-11761	352	10	438	438	NUM
ajfa-11761	352	11	-	-	SYM
ajfa-11761	352	12	445	445	NUM
ajfa-11761	352	13	.	.	PUNCT
ajfa-11761	353	1	https://doi.org/10.1108/15265940510633505	https://doi.org/10.1108/15265940510633505	PROPN
ajfa-11761	353	2	abor	abor	PROPN
ajfa-11761	353	3	,	,	PUNCT
ajfa-11761	353	4	j.	j.	PROPN
ajfa-11761	353	5	(	(	PUNCT
ajfa-11761	353	6	2007	2007	NUM
ajfa-11761	353	7	)	)	PUNCT
ajfa-11761	353	8	.	.	PUNCT
ajfa-11761	354	1	debt	debt	NOUN
ajfa-11761	354	2	policy	policy	NOUN
ajfa-11761	354	3	and	and	CCONJ
ajfa-11761	354	4	performance	performance	NOUN
ajfa-11761	354	5	of	of	ADP
ajfa-11761	354	6	smes	sme	NOUN
ajfa-11761	354	7	:	:	PUNCT
ajfa-11761	354	8	evidence	evidence	NOUN
ajfa-11761	354	9	from	from	ADP
ajfa-11761	354	10	ghanaian	ghanaian	ADJ
ajfa-11761	354	11	and	and	CCONJ
ajfa-11761	354	12	south	south	ADJ
ajfa-11761	354	13	african	african	ADJ
ajfa-11761	354	14	firms	firm	NOUN
ajfa-11761	354	15	.	.	PUNCT
ajfa-11761	355	1	the	the	DET
ajfa-11761	355	2	journal	journal	NOUN
ajfa-11761	355	3	of	of	ADP
ajfa-11761	355	4	risk	risk	NOUN
ajfa-11761	355	5	finance	finance	NOUN
ajfa-11761	355	6	,	,	PUNCT
ajfa-11761	355	7	8(4	8(4	NUM
ajfa-11761	355	8	)	)	PUNCT
ajfa-11761	355	9	,	,	PUNCT
ajfa-11761	355	10	364	364	NUM
ajfa-11761	355	11	-	-	SYM
ajfa-11761	355	12	379	379	NUM
ajfa-11761	355	13	.	.	PUNCT
ajfa-11761	356	1	https://doi.org/10.1108/15265940710777315	https://doi.org/10.1108/15265940710777315	PROPN
ajfa-11761	356	2	ahmed	ahmed	PROPN
ajfa-11761	356	3	sheikh	sheikh	PROPN
ajfa-11761	356	4	,	,	PUNCT
ajfa-11761	356	5	n.	n.	PROPN
ajfa-11761	356	6	,	,	PUNCT
ajfa-11761	356	7	&	&	CCONJ
ajfa-11761	356	8	wang	wang	PROPN
ajfa-11761	356	9	,	,	PUNCT
ajfa-11761	356	10	z.	z.	PROPN
ajfa-11761	356	11	(	(	PUNCT
ajfa-11761	356	12	2011	2011	NUM
ajfa-11761	356	13	)	)	PUNCT
ajfa-11761	356	14	.	.	PUNCT
ajfa-11761	357	1	determinants	determinant	NOUN
ajfa-11761	357	2	of	of	ADP
ajfa-11761	357	3	capital	capital	NOUN
ajfa-11761	357	4	structure	structure	NOUN
ajfa-11761	357	5	:	:	PUNCT
ajfa-11761	357	6	an	an	DET
ajfa-11761	357	7	empirical	empirical	ADJ
ajfa-11761	357	8	study	study	NOUN
ajfa-11761	357	9	of	of	ADP
ajfa-11761	357	10	firms	firm	NOUN
ajfa-11761	357	11	in	in	ADP
ajfa-11761	357	12	manufacturing	manufacture	VERB
ajfa-11761	357	13	industry	industry	NOUN
ajfa-11761	357	14	of	of	ADP
ajfa-11761	357	15	pakistan	pakistan	PROPN
ajfa-11761	357	16	.	.	PUNCT
ajfa-11761	358	1	managerial	managerial	ADJ
ajfa-11761	358	2	finance	finance	NOUN
ajfa-11761	358	3	,	,	PUNCT
ajfa-11761	358	4	37(2	37(2	PROPN
ajfa-11761	358	5	)	)	PUNCT
ajfa-11761	358	6	,	,	PUNCT
ajfa-11761	358	7	117	117	NUM
ajfa-11761	358	8	-	-	SYM
ajfa-11761	358	9	133	133	NUM
ajfa-11761	358	10	.	.	PUNCT
ajfa-11761	358	11	https://doi.org/10.1108/03074351111103668	https://doi.org/10.1108/03074351111103668	VERB
ajfa-11761	358	12	al	al	PROPN
ajfa-11761	358	13	-	-	PUNCT
ajfa-11761	358	14	tally	tally	PROPN
ajfa-11761	358	15	,	,	PUNCT
ajfa-11761	358	16	h.	h.	PROPN
ajfa-11761	358	17	a.	a.	PROPN
ajfa-11761	359	1	(	(	PUNCT
ajfa-11761	359	2	2014	2014	NUM
ajfa-11761	359	3	)	)	PUNCT
ajfa-11761	359	4	.	.	PUNCT
ajfa-11761	360	1	an	an	DET
ajfa-11761	360	2	investigation	investigation	NOUN
ajfa-11761	360	3	of	of	ADP
ajfa-11761	360	4	the	the	DET
ajfa-11761	360	5	effect	effect	NOUN
ajfa-11761	360	6	of	of	ADP
ajfa-11761	360	7	financial	financial	ADJ
ajfa-11761	360	8	leverage	leverage	NOUN
ajfa-11761	360	9	on	on	ADP
ajfa-11761	360	10	firm	firm	ADJ
ajfa-11761	360	11	financial	financial	ADJ
ajfa-11761	360	12	performance	performance	NOUN
ajfa-11761	360	13	in	in	ADP
ajfa-11761	360	14	saudi	saudi	PROPN
ajfa-11761	360	15	arabia	arabia	PROPN
ajfa-11761	360	16	's	's	PART
ajfa-11761	360	17	public	public	ADJ
ajfa-11761	360	18	listed	list	VERB
ajfa-11761	360	19	companies	company	NOUN
ajfa-11761	360	20	(	(	PUNCT
ajfa-11761	360	21	doctoral	doctoral	ADJ
ajfa-11761	360	22	dissertation	dissertation	NOUN
ajfa-11761	360	23	,	,	PUNCT
ajfa-11761	360	24	victoria	victoria	PROPN
ajfa-11761	360	25	university	university	PROPN
ajfa-11761	360	26	)	)	PUNCT
ajfa-11761	360	27	.	.	PUNCT
ajfa-11761	361	1	berger	berger	PROPN
ajfa-11761	361	2	,	,	PUNCT
ajfa-11761	361	3	a.	a.	PROPN
ajfa-11761	361	4	n.	n.	PROPN
ajfa-11761	361	5	,	,	PUNCT
ajfa-11761	361	6	&	&	CCONJ
ajfa-11761	361	7	di	di	PROPN
ajfa-11761	361	8	patti	patti	PROPN
ajfa-11761	361	9	,	,	PUNCT
ajfa-11761	361	10	e.	e.	PROPN
ajfa-11761	361	11	b.	b.	PROPN
ajfa-11761	361	12	(	(	PUNCT
ajfa-11761	361	13	2006	2006	NUM
ajfa-11761	361	14	)	)	PUNCT
ajfa-11761	361	15	.	.	PUNCT
ajfa-11761	362	1	capital	capital	NOUN
ajfa-11761	362	2	structure	structure	NOUN
ajfa-11761	362	3	and	and	CCONJ
ajfa-11761	362	4	firm	firm	ADJ
ajfa-11761	362	5	performance	performance	NOUN
ajfa-11761	362	6	:	:	PUNCT
ajfa-11761	362	7	a	a	DET
ajfa-11761	362	8	new	new	ADJ
ajfa-11761	362	9	approach	approach	NOUN
ajfa-11761	362	10	to	to	ADP
ajfa-11761	362	11	testing	testing	NOUN
ajfa-11761	362	12	agency	agency	NOUN
ajfa-11761	362	13	theory	theory	NOUN
ajfa-11761	362	14	and	and	CCONJ
ajfa-11761	362	15	an	an	DET
ajfa-11761	362	16	application	application	NOUN
ajfa-11761	362	17	to	to	ADP
ajfa-11761	362	18	the	the	DET
ajfa-11761	362	19	banking	banking	NOUN
ajfa-11761	362	20	industry	industry	NOUN
ajfa-11761	362	21	.	.	PUNCT
ajfa-11761	363	1	journal	journal	PROPN
ajfa-11761	363	2	of	of	ADP
ajfa-11761	363	3	banking	banking	NOUN
ajfa-11761	363	4	&	&	CCONJ
ajfa-11761	363	5	finance	finance	PROPN
ajfa-11761	363	6	,	,	PUNCT
ajfa-11761	363	7	30(4	30(4	NUM
ajfa-11761	363	8	)	)	PUNCT
ajfa-11761	363	9	,	,	PUNCT
ajfa-11761	363	10	1065	1065	NUM
ajfa-11761	363	11	-	-	SYM
ajfa-11761	363	12	1102	1102	NUM
ajfa-11761	363	13	.	.	PUNCT
ajfa-11761	364	1	https://doi.org/10.1016/j.jbankfin.2005.05.015	https://doi.org/10.1016/j.jbankfin.2005.05.015	NOUN
ajfa-11761	364	2	booth	booth	NOUN
ajfa-11761	364	3	,	,	PUNCT
ajfa-11761	364	4	l.	l.	PROPN
ajfa-11761	364	5	,	,	PUNCT
ajfa-11761	364	6	aivazian	aivazian	PROPN
ajfa-11761	364	7	,	,	PUNCT
ajfa-11761	364	8	v.	v.	ADV
ajfa-11761	364	9	,	,	PUNCT
ajfa-11761	364	10	demirguc‐kunt	demirguc‐kunt	PROPN
ajfa-11761	364	11	,	,	PUNCT
ajfa-11761	364	12	a.	a.	NOUN
ajfa-11761	364	13	,	,	PUNCT
ajfa-11761	364	14	&	&	CCONJ
ajfa-11761	364	15	maksimovic	maksimovic	PROPN
ajfa-11761	364	16	,	,	PUNCT
ajfa-11761	364	17	v.	v.	PROPN
ajfa-11761	364	18	(	(	PUNCT
ajfa-11761	364	19	2001	2001	NUM
ajfa-11761	364	20	)	)	PUNCT
ajfa-11761	364	21	.	.	PUNCT
ajfa-11761	365	1	capital	capital	NOUN
ajfa-11761	365	2	structures	structure	NOUN
ajfa-11761	365	3	in	in	ADP
ajfa-11761	365	4	developing	develop	VERB
ajfa-11761	365	5	countries	country	NOUN
ajfa-11761	365	6	.	.	PUNCT
ajfa-11761	366	1	the	the	DET
ajfa-11761	366	2	journal	journal	PROPN
ajfa-11761	366	3	of	of	ADP
ajfa-11761	366	4	finance	finance	NOUN
ajfa-11761	366	5	,	,	PUNCT
ajfa-11761	366	6	56(1	56(1	NUM
ajfa-11761	366	7	)	)	PUNCT
ajfa-11761	366	8	,	,	PUNCT
ajfa-11761	366	9	87	87	NUM
ajfa-11761	366	10	-	-	SYM
ajfa-11761	366	11	130	130	NUM
ajfa-11761	366	12	.	.	PUNCT
ajfa-11761	367	1	https://doi.org/10.1111/0022-1082.00320	https://doi.org/10.1111/0022-1082.00320	NOUN
ajfa-11761	367	2	byoun	byoun	PROPN
ajfa-11761	367	3	,	,	PUNCT
ajfa-11761	367	4	s.	s.	PROPN
ajfa-11761	367	5	,	,	PUNCT
ajfa-11761	367	6	&	&	CCONJ
ajfa-11761	367	7	xu	xu	PROPN
ajfa-11761	367	8	,	,	PUNCT
ajfa-11761	367	9	z.	z.	PROPN
ajfa-11761	367	10	(	(	PUNCT
ajfa-11761	367	11	2013	2013	NUM
ajfa-11761	367	12	)	)	PUNCT
ajfa-11761	367	13	.	.	PUNCT
ajfa-11761	368	1	why	why	SCONJ
ajfa-11761	368	2	do	do	AUX
ajfa-11761	368	3	some	some	DET
ajfa-11761	368	4	firms	firm	NOUN
ajfa-11761	368	5	go	go	VERB
ajfa-11761	368	6	debt	debt	NOUN
ajfa-11761	368	7	free	free	ADJ
ajfa-11761	368	8	?	?	PUNCT
ajfa-11761	369	1	asia‐pacific	asia‐pacific	PROPN
ajfa-11761	369	2	journal	journal	PROPN
ajfa-11761	369	3	of	of	ADP
ajfa-11761	369	4	financial	financial	ADJ
ajfa-11761	369	5	studies	study	NOUN
ajfa-11761	369	6	,	,	PUNCT
ajfa-11761	369	7	42(1	42(1	NOUN
ajfa-11761	369	8	)	)	PUNCT
ajfa-11761	369	9	,	,	PUNCT
ajfa-11761	369	10	1	1	NUM
ajfa-11761	369	11	-	-	SYM
ajfa-11761	369	12	38	38	NUM
ajfa-11761	369	13	.	.	PUNCT
ajfa-11761	370	1	https://doi.org/10.1111/ajfs.12009	https://doi.org/10.1111/ajfs.12009	PROPN
ajfa-11761	370	2	cabral	cabral	PROPN
ajfa-11761	370	3	,	,	PUNCT
ajfa-11761	370	4	l.	l.	PROPN
ajfa-11761	370	5	,	,	PUNCT
ajfa-11761	370	6	&	&	CCONJ
ajfa-11761	370	7	mata	mata	PROPN
ajfa-11761	370	8	,	,	PUNCT
ajfa-11761	370	9	j.	j.	PROPN
ajfa-11761	370	10	(	(	PUNCT
ajfa-11761	370	11	2003	2003	NUM
ajfa-11761	370	12	)	)	PUNCT
ajfa-11761	370	13	.	.	PUNCT
ajfa-11761	371	1	on	on	ADP
ajfa-11761	371	2	the	the	DET
ajfa-11761	371	3	evolution	evolution	NOUN
ajfa-11761	371	4	of	of	ADP
ajfa-11761	371	5	the	the	DET
ajfa-11761	371	6	firm	firm	ADJ
ajfa-11761	371	7	size	size	NOUN
ajfa-11761	371	8	distribution	distribution	NOUN
ajfa-11761	371	9	:	:	PUNCT
ajfa-11761	371	10	facts	fact	NOUN
ajfa-11761	371	11	and	and	CCONJ
ajfa-11761	371	12	theory	theory	NOUN
ajfa-11761	371	13	.	.	PUNCT
ajfa-11761	372	1	the	the	DET
ajfa-11761	372	2	american	american	PROPN
ajfa-11761	372	3	economic	economic	PROPN
ajfa-11761	372	4	review	review	PROPN
ajfa-11761	372	5	,	,	PUNCT
ajfa-11761	372	6	93(4	93(4	NOUN
ajfa-11761	372	7	)	)	PUNCT
ajfa-11761	372	8	,	,	PUNCT
ajfa-11761	372	9	1075	1075	NUM
ajfa-11761	372	10	-	-	SYM
ajfa-11761	372	11	1090	1090	NUM
ajfa-11761	372	12	.	.	PUNCT
ajfa-11761	373	1	https://doi.org/10.1257/000282803769206205	https://doi.org/10.1257/000282803769206205	PROPN
ajfa-11761	373	2	asian	asian	PROPN
ajfa-11761	373	3	journal	journal	PROPN
ajfa-11761	373	4	of	of	ADP
ajfa-11761	373	5	finance	finance	PROPN
ajfa-11761	373	6	&	&	CCONJ
ajfa-11761	373	7	accounting	accounting	PROPN
ajfa-11761	373	8	issn	issn	PROPN
ajfa-11761	373	9	1946	1946	NUM
ajfa-11761	373	10	-	-	PUNCT
ajfa-11761	373	11	052x	052x	PROPN
ajfa-11761	373	12	2017	2017	NUM
ajfa-11761	373	13	,	,	PUNCT
ajfa-11761	373	14	vol	vol	NOUN
ajfa-11761	373	15	.	.	NOUN
ajfa-11761	373	16	9	9	NUM
ajfa-11761	373	17	,	,	PUNCT
ajfa-11761	373	18	no	no	NOUN
ajfa-11761	373	19	.	.	NOUN
ajfa-11761	373	20	2	2	NUM
ajfa-11761	373	21	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	373	22	125	125	NUM
ajfa-11761	373	23	campello	campello	NOUN
ajfa-11761	373	24	,	,	PUNCT
ajfa-11761	373	25	m.	m.	NOUN
ajfa-11761	373	26	(	(	PUNCT
ajfa-11761	373	27	2006	2006	NUM
ajfa-11761	373	28	)	)	PUNCT
ajfa-11761	373	29	.	.	PUNCT
ajfa-11761	374	1	debt	debt	NOUN
ajfa-11761	374	2	financing	financing	NOUN
ajfa-11761	374	3	:	:	PUNCT
ajfa-11761	374	4	does	do	AUX
ajfa-11761	374	5	it	it	PRON
ajfa-11761	374	6	boost	boost	VERB
ajfa-11761	374	7	or	or	CCONJ
ajfa-11761	374	8	hurt	hurt	VERB
ajfa-11761	374	9	firm	firm	ADJ
ajfa-11761	374	10	performance	performance	NOUN
ajfa-11761	374	11	in	in	ADP
ajfa-11761	374	12	product	product	NOUN
ajfa-11761	374	13	markets	market	NOUN
ajfa-11761	374	14	?	?	PUNCT
ajfa-11761	374	15	.	.	PUNCT
ajfa-11761	375	1	journal	journal	PROPN
ajfa-11761	375	2	of	of	ADP
ajfa-11761	375	3	financial	financial	ADJ
ajfa-11761	375	4	economics	economic	NOUN
ajfa-11761	375	5	,	,	PUNCT
ajfa-11761	375	6	82(1	82(1	NOUN
ajfa-11761	375	7	)	)	PUNCT
ajfa-11761	375	8	,	,	PUNCT
ajfa-11761	375	9	135	135	NUM
ajfa-11761	375	10	-	-	SYM
ajfa-11761	375	11	172	172	NUM
ajfa-11761	375	12	.	.	PUNCT
ajfa-11761	376	1	https://doi.org/10.1016/j.jfineco.2005.04.001	https://doi.org/10.1016/j.jfineco.2005.04.001	PROPN
ajfa-11761	376	2	david	david	PROPN
ajfa-11761	376	3	,	,	PUNCT
ajfa-11761	376	4	d.	d.	PROPN
ajfa-11761	376	5	f.	f.	PROPN
ajfa-11761	376	6	,	,	PUNCT
ajfa-11761	376	7	&	&	CCONJ
ajfa-11761	376	8	olorunfemi	olorunfemi	PROPN
ajfa-11761	376	9	,	,	PUNCT
ajfa-11761	376	10	s.	s.	PROPN
ajfa-11761	376	11	(	(	PUNCT
ajfa-11761	376	12	2010	2010	NUM
ajfa-11761	376	13	)	)	PUNCT
ajfa-11761	376	14	.	.	PUNCT
ajfa-11761	377	1	capital	capital	NOUN
ajfa-11761	377	2	structure	structure	NOUN
ajfa-11761	377	3	and	and	CCONJ
ajfa-11761	377	4	corporate	corporate	ADJ
ajfa-11761	377	5	performance	performance	NOUN
ajfa-11761	377	6	in	in	ADP
ajfa-11761	377	7	nigeria	nigeria	PROPN
ajfa-11761	377	8	petroleum	petroleum	NOUN
ajfa-11761	377	9	industry	industry	NOUN
ajfa-11761	377	10	:	:	PUNCT
ajfa-11761	377	11	panel	panel	NOUN
ajfa-11761	377	12	data	data	VERB
ajfa-11761	377	13	analysis	analysis	NOUN
ajfa-11761	377	14	.	.	PUNCT
ajfa-11761	378	1	journal	journal	NOUN
ajfa-11761	378	2	of	of	ADP
ajfa-11761	378	3	mathematics	mathematic	NOUN
ajfa-11761	378	4	and	and	CCONJ
ajfa-11761	378	5	statistics	statistic	NOUN
ajfa-11761	378	6	,	,	PUNCT
ajfa-11761	378	7	6(2	6(2	NUM
ajfa-11761	378	8	)	)	PUNCT
ajfa-11761	378	9	,	,	PUNCT
ajfa-11761	378	10	168	168	NUM
ajfa-11761	378	11	-	-	SYM
ajfa-11761	378	12	173	173	NUM
ajfa-11761	378	13	.	.	PUNCT
ajfa-11761	379	1	https://doi.org/10.3844/jmssp.2010.168.173	https://doi.org/10.3844/jmssp.2010.168.173	PROPN
ajfa-11761	379	2	dawar	dawar	NOUN
ajfa-11761	379	3	,	,	PUNCT
ajfa-11761	379	4	v.	v.	PROPN
ajfa-11761	379	5	(	(	PUNCT
ajfa-11761	379	6	2014	2014	NUM
ajfa-11761	379	7	)	)	PUNCT
ajfa-11761	379	8	.	.	PUNCT
ajfa-11761	380	1	agency	agency	NOUN
ajfa-11761	380	2	theory	theory	NOUN
ajfa-11761	380	3	,	,	PUNCT
ajfa-11761	380	4	capital	capital	NOUN
ajfa-11761	380	5	structure	structure	NOUN
ajfa-11761	380	6	and	and	CCONJ
ajfa-11761	380	7	firm	firm	ADJ
ajfa-11761	380	8	performance	performance	NOUN
ajfa-11761	380	9	:	:	PUNCT
ajfa-11761	380	10	some	some	DET
ajfa-11761	380	11	indian	indian	ADJ
ajfa-11761	380	12	evidence	evidence	NOUN
ajfa-11761	380	13	.	.	PUNCT
ajfa-11761	381	1	managerial	managerial	ADJ
ajfa-11761	381	2	finance	finance	NOUN
ajfa-11761	381	3	,	,	PUNCT
ajfa-11761	381	4	40(12	40(12	NUM
ajfa-11761	381	5	)	)	PUNCT
ajfa-11761	381	6	,	,	PUNCT
ajfa-11761	381	7	1190	1190	NUM
ajfa-11761	381	8	-	-	SYM
ajfa-11761	381	9	1206	1206	NUM
ajfa-11761	381	10	.	.	PUNCT
ajfa-11761	382	1	https://doi.org/10.1108/mf-10-2013-0275	https://doi.org/10.1108/mf-10-2013-0275	PROPN
ajfa-11761	382	2	el	el	PROPN
ajfa-11761	382	3	-	-	PUNCT
ajfa-11761	382	4	sayedebaid	sayedebaid	PROPN
ajfa-11761	382	5	,	,	PUNCT
ajfa-11761	382	6	i.	i.	PROPN
ajfa-11761	382	7	(	(	PUNCT
ajfa-11761	382	8	2009	2009	NUM
ajfa-11761	382	9	)	)	PUNCT
ajfa-11761	382	10	.	.	PUNCT
ajfa-11761	383	1	the	the	DET
ajfa-11761	383	2	impact	impact	NOUN
ajfa-11761	383	3	of	of	ADP
ajfa-11761	383	4	capital	capital	NOUN
ajfa-11761	383	5	-	-	PUNCT
ajfa-11761	383	6	structure	structure	NOUN
ajfa-11761	383	7	choice	choice	NOUN
ajfa-11761	383	8	on	on	ADP
ajfa-11761	383	9	firm	firm	ADJ
ajfa-11761	383	10	performance	performance	NOUN
ajfa-11761	383	11	:	:	PUNCT
ajfa-11761	383	12	empirical	empirical	ADJ
ajfa-11761	383	13	evidence	evidence	NOUN
ajfa-11761	383	14	from	from	ADP
ajfa-11761	383	15	egypt	egypt	PROPN
ajfa-11761	383	16	.	.	PUNCT
ajfa-11761	384	1	the	the	DET
ajfa-11761	384	2	journal	journal	NOUN
ajfa-11761	384	3	of	of	ADP
ajfa-11761	384	4	risk	risk	NOUN
ajfa-11761	384	5	finance	finance	NOUN
ajfa-11761	384	6	,	,	PUNCT
ajfa-11761	384	7	10(5	10(5	NUM
ajfa-11761	384	8	)	)	PUNCT
ajfa-11761	384	9	,	,	PUNCT
ajfa-11761	384	10	477	477	NUM
ajfa-11761	384	11	-	-	SYM
ajfa-11761	384	12	487	487	NUM
ajfa-11761	384	13	.	.	PUNCT
ajfa-11761	385	1	https://doi.org/10.1108/15265940911001385	https://doi.org/10.1108/15265940911001385	VERB
ajfa-11761	385	2	fama	fama	PROPN
ajfa-11761	385	3	,	,	PUNCT
ajfa-11761	385	4	e.	e.	PROPN
ajfa-11761	385	5	f.	f.	PROPN
ajfa-11761	385	6	,	,	PUNCT
ajfa-11761	385	7	&	&	CCONJ
ajfa-11761	385	8	french	french	PROPN
ajfa-11761	385	9	,	,	PUNCT
ajfa-11761	385	10	k.	k.	PROPN
ajfa-11761	385	11	r.	r.	PROPN
ajfa-11761	385	12	(	(	PUNCT
ajfa-11761	385	13	1998	1998	NUM
ajfa-11761	385	14	)	)	PUNCT
ajfa-11761	385	15	.	.	PUNCT
ajfa-11761	386	1	taxes	taxis	NOUN
ajfa-11761	386	2	,	,	PUNCT
ajfa-11761	386	3	financing	financing	NOUN
ajfa-11761	386	4	decisions	decision	NOUN
ajfa-11761	386	5	,	,	PUNCT
ajfa-11761	386	6	and	and	CCONJ
ajfa-11761	386	7	firm	firm	ADJ
ajfa-11761	386	8	value	value	NOUN
ajfa-11761	386	9	.	.	PUNCT
ajfa-11761	387	1	the	the	DET
ajfa-11761	387	2	journal	journal	PROPN
ajfa-11761	387	3	of	of	ADP
ajfa-11761	387	4	finance	finance	NOUN
ajfa-11761	387	5	,	,	PUNCT
ajfa-11761	387	6	53(3	53(3	NUM
ajfa-11761	387	7	)	)	PUNCT
ajfa-11761	387	8	,	,	PUNCT
ajfa-11761	387	9	819	819	NUM
ajfa-11761	387	10	-	-	SYM
ajfa-11761	387	11	843	843	NUM
ajfa-11761	387	12	.	.	PUNCT
ajfa-11761	388	1	https://doi.org/10.1111/0022-1082.00036	https://doi.org/10.1111/0022-1082.00036	PROPN
ajfa-11761	388	2	frank	frank	PROPN
ajfa-11761	388	3	,	,	PUNCT
ajfa-11761	388	4	m.	m.	NOUN
ajfa-11761	388	5	z.	z.	PROPN
ajfa-11761	388	6	,	,	PUNCT
ajfa-11761	388	7	&	&	CCONJ
ajfa-11761	388	8	goyal	goyal	PROPN
ajfa-11761	388	9	,	,	PUNCT
ajfa-11761	388	10	v.	v.	PROPN
ajfa-11761	388	11	k.	k.	PROPN
ajfa-11761	388	12	(	(	PUNCT
ajfa-11761	388	13	2007	2007	NUM
ajfa-11761	388	14	)	)	PUNCT
ajfa-11761	388	15	.	.	PUNCT
ajfa-11761	389	1	trade	trade	NOUN
ajfa-11761	389	2	-	-	PUNCT
ajfa-11761	389	3	off	off	NOUN
ajfa-11761	389	4	and	and	CCONJ
ajfa-11761	389	5	pecking	pecking	NOUN
ajfa-11761	389	6	order	order	NOUN
ajfa-11761	389	7	theories	theory	NOUN
ajfa-11761	389	8	of	of	ADP
ajfa-11761	389	9	debt	debt	NOUN
ajfa-11761	389	10	.	.	PUNCT
ajfa-11761	390	1	available	available	ADJ
ajfa-11761	390	2	at	at	ADP
ajfa-11761	390	3	ssrn	ssrn	PROPN
ajfa-11761	390	4	670543	670543	NUM
ajfa-11761	390	5	.	.	PUNCT
ajfa-11761	391	1	https://doi.org/10.2139/ssrn.670543	https://doi.org/10.2139/ssrn.670543	PROPN
ajfa-11761	391	2	gleason	gleason	PROPN
ajfa-11761	391	3	,	,	PUNCT
ajfa-11761	391	4	k.	k.	PROPN
ajfa-11761	391	5	c.	c.	PROPN
ajfa-11761	391	6	,	,	PUNCT
ajfa-11761	391	7	mathur	mathur	PROPN
ajfa-11761	391	8	,	,	PUNCT
ajfa-11761	391	9	l.	l.	PROPN
ajfa-11761	391	10	k.	k.	PROPN
ajfa-11761	391	11	,	,	PUNCT
ajfa-11761	391	12	&	&	CCONJ
ajfa-11761	391	13	mathur	mathur	PROPN
ajfa-11761	391	14	,	,	PUNCT
ajfa-11761	391	15	i.	i.	PROPN
ajfa-11761	391	16	(	(	PUNCT
ajfa-11761	391	17	2000	2000	NUM
ajfa-11761	391	18	)	)	PUNCT
ajfa-11761	391	19	.	.	PUNCT
ajfa-11761	392	1	the	the	DET
ajfa-11761	392	2	interrelationship	interrelationship	NOUN
ajfa-11761	392	3	between	between	ADP
ajfa-11761	392	4	culture	culture	NOUN
ajfa-11761	392	5	,	,	PUNCT
ajfa-11761	392	6	capital	capital	NOUN
ajfa-11761	392	7	structure	structure	NOUN
ajfa-11761	392	8	,	,	PUNCT
ajfa-11761	392	9	and	and	CCONJ
ajfa-11761	392	10	performance	performance	NOUN
ajfa-11761	392	11	:	:	PUNCT
ajfa-11761	392	12	evidence	evidence	NOUN
ajfa-11761	392	13	from	from	ADP
ajfa-11761	392	14	european	european	ADJ
ajfa-11761	392	15	retailers	retailer	NOUN
ajfa-11761	392	16	.	.	PUNCT
ajfa-11761	393	1	journal	journal	NOUN
ajfa-11761	393	2	of	of	ADP
ajfa-11761	393	3	business	business	NOUN
ajfa-11761	393	4	research	research	NOUN
ajfa-11761	393	5	,	,	PUNCT
ajfa-11761	393	6	50(2	50(2	NUM
ajfa-11761	393	7	)	)	PUNCT
ajfa-11761	393	8	,	,	PUNCT
ajfa-11761	393	9	185	185	NUM
ajfa-11761	393	10	-	-	SYM
ajfa-11761	393	11	191	191	NUM
ajfa-11761	393	12	.	.	PUNCT
ajfa-11761	394	1	https://doi.org/10.1016/s0148-2963(99)00031-4	https://doi.org/10.1016/s0148-2963(99)00031-4	PROPN
ajfa-11761	394	2	goddard	goddard	PROPN
ajfa-11761	394	3	,	,	PUNCT
ajfa-11761	394	4	j.	j.	PROPN
ajfa-11761	394	5	,	,	PUNCT
ajfa-11761	394	6	tavakoli	tavakoli	PROPN
ajfa-11761	394	7	,	,	PUNCT
ajfa-11761	394	8	m.	m.	NOUN
ajfa-11761	394	9	,	,	PUNCT
ajfa-11761	394	10	&	&	CCONJ
ajfa-11761	394	11	wilson	wilson	PROPN
ajfa-11761	394	12	,	,	PUNCT
ajfa-11761	394	13	j.	j.	PROPN
ajfa-11761	394	14	o.	o.	PROPN
ajfa-11761	394	15	(	(	PUNCT
ajfa-11761	394	16	2005	2005	NUM
ajfa-11761	394	17	)	)	PUNCT
ajfa-11761	394	18	.	.	PUNCT
ajfa-11761	395	1	determinants	determinant	NOUN
ajfa-11761	395	2	of	of	ADP
ajfa-11761	395	3	profitability	profitability	NOUN
ajfa-11761	395	4	in	in	ADP
ajfa-11761	395	5	european	european	ADJ
ajfa-11761	395	6	manufacturing	manufacturing	NOUN
ajfa-11761	395	7	and	and	CCONJ
ajfa-11761	395	8	services	service	NOUN
ajfa-11761	395	9	:	:	PUNCT
ajfa-11761	395	10	evidence	evidence	NOUN
ajfa-11761	395	11	from	from	ADP
ajfa-11761	395	12	a	a	DET
ajfa-11761	395	13	dynamic	dynamic	ADJ
ajfa-11761	395	14	panel	panel	NOUN
ajfa-11761	395	15	model	model	NOUN
ajfa-11761	395	16	.	.	PUNCT
ajfa-11761	396	1	applied	apply	VERB
ajfa-11761	396	2	financial	financial	ADJ
ajfa-11761	396	3	economics	economic	NOUN
ajfa-11761	396	4	,	,	PUNCT
ajfa-11761	396	5	15(18	15(18	NUM
ajfa-11761	396	6	)	)	PUNCT
ajfa-11761	396	7	,	,	PUNCT
ajfa-11761	396	8	1269	1269	NUM
ajfa-11761	396	9	-	-	SYM
ajfa-11761	396	10	1282	1282	NUM
ajfa-11761	396	11	.	.	PUNCT
ajfa-11761	397	1	https://doi.org/10.1080/09603100500387139	https://doi.org/10.1080/09603100500387139	PROPN
ajfa-11761	397	2	hadlock	hadlock	NOUN
ajfa-11761	397	3	,	,	PUNCT
ajfa-11761	397	4	c.	c.	PROPN
ajfa-11761	397	5	j.	j.	PROPN
ajfa-11761	397	6	,	,	PUNCT
ajfa-11761	397	7	&	&	CCONJ
ajfa-11761	397	8	james	james	PROPN
ajfa-11761	397	9	,	,	PUNCT
ajfa-11761	397	10	c.	c.	PROPN
ajfa-11761	397	11	m.	m.	NOUN
ajfa-11761	397	12	(	(	PUNCT
ajfa-11761	397	13	2002	2002	NUM
ajfa-11761	397	14	)	)	PUNCT
ajfa-11761	397	15	.	.	PUNCT
ajfa-11761	398	1	do	do	AUX
ajfa-11761	398	2	banks	bank	NOUN
ajfa-11761	398	3	provide	provide	VERB
ajfa-11761	398	4	financial	financial	ADJ
ajfa-11761	398	5	slack	slack	NOUN
ajfa-11761	398	6	?	?	PUNCT
ajfa-11761	398	7	.	.	PUNCT
ajfa-11761	399	1	the	the	DET
ajfa-11761	399	2	journal	journal	PROPN
ajfa-11761	399	3	of	of	ADP
ajfa-11761	399	4	finance	finance	NOUN
ajfa-11761	399	5	,	,	PUNCT
ajfa-11761	399	6	57(3	57(3	NUM
ajfa-11761	399	7	)	)	PUNCT
ajfa-11761	399	8	,	,	PUNCT
ajfa-11761	399	9	1383	1383	NUM
ajfa-11761	399	10	-	-	SYM
ajfa-11761	399	11	1419	1419	NUM
ajfa-11761	399	12	.	.	PUNCT
ajfa-11761	400	1	https://doi.org/10.1111/1540-6261.00464	https://doi.org/10.1111/1540-6261.00464	PROPN
ajfa-11761	400	2	huang	huang	PROPN
ajfa-11761	400	3	,	,	PUNCT
ajfa-11761	400	4	g.	g.	PROPN
ajfa-11761	400	5	(	(	PUNCT
ajfa-11761	400	6	2006	2006	NUM
ajfa-11761	400	7	)	)	PUNCT
ajfa-11761	400	8	.	.	PUNCT
ajfa-11761	401	1	the	the	DET
ajfa-11761	401	2	determinants	determinant	NOUN
ajfa-11761	401	3	of	of	ADP
ajfa-11761	401	4	capital	capital	NOUN
ajfa-11761	401	5	structure	structure	NOUN
ajfa-11761	401	6	:	:	PUNCT
ajfa-11761	401	7	evidence	evidence	NOUN
ajfa-11761	401	8	from	from	ADP
ajfa-11761	401	9	china	china	PROPN
ajfa-11761	401	10	.	.	PUNCT
ajfa-11761	402	1	china	china	PROPN
ajfa-11761	402	2	economic	economic	PROPN
ajfa-11761	402	3	review	review	PROPN
ajfa-11761	402	4	,	,	PUNCT
ajfa-11761	402	5	17(1	17(1	NUM
ajfa-11761	402	6	)	)	PUNCT
ajfa-11761	402	7	,	,	PUNCT
ajfa-11761	402	8	14	14	NUM
ajfa-11761	402	9	-	-	SYM
ajfa-11761	402	10	36	36	NUM
ajfa-11761	402	11	.	.	PUNCT
ajfa-11761	403	1	https://doi.org/10.1016/j.chieco.2005.02.007	https://doi.org/10.1016/j.chieco.2005.02.007	PROPN
ajfa-11761	403	2	kakani	kakani	PROPN
ajfa-11761	403	3	,	,	PUNCT
ajfa-11761	403	4	r.	r.	PROPN
ajfa-11761	403	5	k.	k.	PROPN
ajfa-11761	403	6	,	,	PUNCT
ajfa-11761	403	7	saha	saha	PROPN
ajfa-11761	403	8	,	,	PUNCT
ajfa-11761	403	9	b.	b.	PROPN
ajfa-11761	403	10	,	,	PUNCT
ajfa-11761	403	11	&	&	CCONJ
ajfa-11761	403	12	reddy	reddy	PROPN
ajfa-11761	403	13	,	,	PUNCT
ajfa-11761	403	14	v.	v.	ADP
ajfa-11761	403	15	n.	n.	PROPN
ajfa-11761	403	16	(	(	PUNCT
ajfa-11761	403	17	2001	2001	NUM
ajfa-11761	403	18	)	)	PUNCT
ajfa-11761	403	19	.	.	PUNCT
ajfa-11761	404	1	determinants	determinant	NOUN
ajfa-11761	404	2	of	of	ADP
ajfa-11761	404	3	financial	financial	ADJ
ajfa-11761	404	4	performance	performance	NOUN
ajfa-11761	404	5	of	of	ADP
ajfa-11761	404	6	indian	indian	ADJ
ajfa-11761	404	7	corporate	corporate	ADJ
ajfa-11761	404	8	sector	sector	NOUN
ajfa-11761	404	9	in	in	ADP
ajfa-11761	404	10	the	the	DET
ajfa-11761	404	11	post	post	ADJ
ajfa-11761	404	12	-	-	ADJ
ajfa-11761	404	13	liberalization	liberalization	ADJ
ajfa-11761	404	14	era	era	NOUN
ajfa-11761	404	15	:	:	PUNCT
ajfa-11761	404	16	an	an	DET
ajfa-11761	404	17	exploratory	exploratory	ADJ
ajfa-11761	404	18	study	study	NOUN
ajfa-11761	404	19	.	.	PUNCT
ajfa-11761	405	1	national	national	ADJ
ajfa-11761	405	2	stock	stock	PROPN
ajfa-11761	405	3	exchange	exchange	PROPN
ajfa-11761	405	4	of	of	ADP
ajfa-11761	405	5	india	india	PROPN
ajfa-11761	405	6	limited	limited	ADJ
ajfa-11761	405	7	,	,	PUNCT
ajfa-11761	405	8	nse	nse	NOUN
ajfa-11761	405	9	research	research	NOUN
ajfa-11761	405	10	initiative	initiative	NOUN
ajfa-11761	405	11	paper	paper	NOUN
ajfa-11761	405	12	,	,	PUNCT
ajfa-11761	405	13	(	(	PUNCT
ajfa-11761	405	14	5	5	NUM
ajfa-11761	405	15	)	)	PUNCT
ajfa-11761	405	16	.	.	PUNCT
ajfa-11761	406	1	https://doi.org/10.2139/ssrn.904983	https://doi.org/10.2139/ssrn.904983	ADJ
ajfa-11761	406	2	kebewar	kebewar	NOUN
ajfa-11761	406	3	,	,	PUNCT
ajfa-11761	406	4	m.	m.	NOUN
ajfa-11761	406	5	(	(	PUNCT
ajfa-11761	406	6	2012	2012	NUM
ajfa-11761	406	7	)	)	PUNCT
ajfa-11761	406	8	.	.	PUNCT
ajfa-11761	407	1	the	the	DET
ajfa-11761	407	2	effect	effect	NOUN
ajfa-11761	407	3	of	of	ADP
ajfa-11761	407	4	debt	debt	NOUN
ajfa-11761	407	5	on	on	ADP
ajfa-11761	407	6	corporate	corporate	ADJ
ajfa-11761	407	7	profitability	profitability	NOUN
ajfa-11761	407	8	:	:	PUNCT
ajfa-11761	407	9	evidence	evidence	NOUN
ajfa-11761	407	10	from	from	ADP
ajfa-11761	407	11	french	french	ADJ
ajfa-11761	407	12	service	service	NOUN
ajfa-11761	407	13	sector	sector	NOUN
ajfa-11761	407	14	.	.	PUNCT
ajfa-11761	408	1	https://doi.org/10.2139/ssrn.2191075	https://doi.org/10.2139/ssrn.2191075	PROPN
ajfa-11761	408	2	mahmoud	mahmoud	PROPN
ajfa-11761	408	3	abu	abu	PROPN
ajfa-11761	408	4	-	-	PUNCT
ajfa-11761	408	5	tapanjeh	tapanjeh	PROPN
ajfa-11761	408	6	,	,	PUNCT
ajfa-11761	408	7	a.	a.	NOUN
ajfa-11761	408	8	(	(	PUNCT
ajfa-11761	408	9	2006	2006	NUM
ajfa-11761	408	10	)	)	PUNCT
ajfa-11761	408	11	.	.	PUNCT
ajfa-11761	409	1	an	an	DET
ajfa-11761	409	2	empirical	empirical	ADJ
ajfa-11761	409	3	study	study	NOUN
ajfa-11761	409	4	of	of	ADP
ajfa-11761	409	5	firm	firm	ADJ
ajfa-11761	409	6	structure	structure	NOUN
ajfa-11761	409	7	and	and	CCONJ
ajfa-11761	409	8	profitability	profitability	NOUN
ajfa-11761	409	9	relationship	relationship	NOUN
ajfa-11761	409	10	:	:	PUNCT
ajfa-11761	409	11	the	the	DET
ajfa-11761	409	12	case	case	NOUN
ajfa-11761	409	13	of	of	ADP
ajfa-11761	409	14	jordan	jordan	PROPN
ajfa-11761	409	15	.	.	PUNCT
ajfa-11761	410	1	journal	journal	PROPN
ajfa-11761	410	2	of	of	ADP
ajfa-11761	410	3	economic	economic	ADJ
ajfa-11761	410	4	and	and	CCONJ
ajfa-11761	410	5	administrative	administrative	ADJ
ajfa-11761	410	6	sciences	science	NOUN
ajfa-11761	410	7	,	,	PUNCT
ajfa-11761	410	8	22(1	22(1	NUM
ajfa-11761	410	9	)	)	PUNCT
ajfa-11761	410	10	,	,	PUNCT
ajfa-11761	410	11	41	41	NUM
ajfa-11761	410	12	-	-	SYM
ajfa-11761	410	13	59	59	NUM
ajfa-11761	410	14	.	.	PUNCT
ajfa-11761	411	1	https://doi.org/10.1108/10264116200600003	https://doi.org/10.1108/10264116200600003	PROPN
ajfa-11761	411	2	asian	asian	ADJ
ajfa-11761	411	3	journal	journal	NOUN
ajfa-11761	411	4	of	of	ADP
ajfa-11761	411	5	finance	finance	PROPN
ajfa-11761	411	6	&	&	CCONJ
ajfa-11761	411	7	accounting	accounting	PROPN
ajfa-11761	411	8	issn	issn	PROPN
ajfa-11761	411	9	1946	1946	NUM
ajfa-11761	411	10	-	-	PUNCT
ajfa-11761	411	11	052x	052x	PROPN
ajfa-11761	411	12	2017	2017	NUM
ajfa-11761	411	13	,	,	PUNCT
ajfa-11761	411	14	vol	vol	NOUN
ajfa-11761	411	15	.	.	NOUN
ajfa-11761	411	16	9	9	NUM
ajfa-11761	411	17	,	,	PUNCT
ajfa-11761	411	18	no	no	INTJ
ajfa-11761	411	19	.	.	NOUN
ajfa-11761	411	20	2	2	NUM
ajfa-11761	411	21	ajfa.macrothink.org	ajfa.macrothink.org	PROPN
ajfa-11761	411	22	126	126	NUM
ajfa-11761	411	23	majumdar	majumdar	PROPN
ajfa-11761	411	24	,	,	PUNCT
ajfa-11761	411	25	s.	s.	PROPN
ajfa-11761	411	26	k.	k.	PROPN
ajfa-11761	411	27	,	,	PUNCT
ajfa-11761	411	28	&	&	CCONJ
ajfa-11761	411	29	chhibber	chhibber	PROPN
ajfa-11761	411	30	,	,	PUNCT
ajfa-11761	411	31	p.	p.	NOUN
ajfa-11761	411	32	(	(	PUNCT
ajfa-11761	411	33	1999	1999	NUM
ajfa-11761	411	34	)	)	PUNCT
ajfa-11761	411	35	.	.	PUNCT
ajfa-11761	412	1	capital	capital	NOUN
ajfa-11761	412	2	structure	structure	NOUN
ajfa-11761	412	3	and	and	CCONJ
ajfa-11761	412	4	performance	performance	NOUN
ajfa-11761	412	5	:	:	PUNCT
ajfa-11761	412	6	evidence	evidence	NOUN
ajfa-11761	412	7	from	from	ADP
ajfa-11761	412	8	a	a	DET
ajfa-11761	412	9	transition	transition	NOUN
ajfa-11761	412	10	economy	economy	NOUN
ajfa-11761	412	11	on	on	ADP
ajfa-11761	412	12	an	an	DET
ajfa-11761	412	13	aspect	aspect	NOUN
ajfa-11761	412	14	of	of	ADP
ajfa-11761	412	15	corporate	corporate	ADJ
ajfa-11761	412	16	governance	governance	NOUN
ajfa-11761	412	17	.	.	PUNCT
ajfa-11761	413	1	public	public	ADJ
ajfa-11761	413	2	choice	choice	NOUN
ajfa-11761	413	3	,	,	PUNCT
ajfa-11761	413	4	98(3	98(3	PROPN
ajfa-11761	413	5	-	-	PUNCT
ajfa-11761	413	6	4	4	NUM
ajfa-11761	413	7	)	)	PUNCT
ajfa-11761	413	8	,	,	PUNCT
ajfa-11761	413	9	287	287	NUM
ajfa-11761	413	10	-	-	SYM
ajfa-11761	413	11	305	305	NUM
ajfa-11761	413	12	.	.	PUNCT
ajfa-11761	414	1	https://doi.org/10.1023/a:1018355127454	https://doi.org/10.1023/a:1018355127454	PROPN
ajfa-11761	414	2	mesquita	mesquita	PROPN
ajfa-11761	414	3	,	,	PUNCT
ajfa-11761	414	4	j.	j.	PROPN
ajfa-11761	414	5	m.	m.	PROPN
ajfa-11761	414	6	c.	c.	PROPN
ajfa-11761	414	7	,	,	PUNCT
ajfa-11761	414	8	&	&	CCONJ
ajfa-11761	414	9	lara	lara	PROPN
ajfa-11761	414	10	,	,	PUNCT
ajfa-11761	414	11	j.	j.	PROPN
ajfa-11761	414	12	e.	e.	PROPN
ajfa-11761	414	13	(	(	PUNCT
ajfa-11761	414	14	2003	2003	NUM
ajfa-11761	414	15	,	,	PUNCT
ajfa-11761	414	16	july	july	PROPN
ajfa-11761	414	17	)	)	PUNCT
ajfa-11761	414	18	.	.	PUNCT
ajfa-11761	415	1	capital	capital	NOUN
ajfa-11761	415	2	structure	structure	NOUN
ajfa-11761	415	3	and	and	CCONJ
ajfa-11761	415	4	profitability	profitability	NOUN
ajfa-11761	415	5	:	:	PUNCT
ajfa-11761	415	6	the	the	DET
ajfa-11761	415	7	brazilian	brazilian	ADJ
ajfa-11761	415	8	case	case	NOUN
ajfa-11761	415	9	.	.	PUNCT
ajfa-11761	416	1	in	in	ADP
ajfa-11761	416	2	academy	academy	PROPN
ajfa-11761	416	3	of	of	ADP
ajfa-11761	416	4	business	business	PROPN
ajfa-11761	416	5	and	and	CCONJ
ajfa-11761	416	6	administration	administration	PROPN
ajfa-11761	416	7	sciences	sciences	PROPN
ajfa-11761	416	8	conference	conference	PROPN
ajfa-11761	416	9	(	(	PUNCT
ajfa-11761	416	10	pp	pp	ADJ
ajfa-11761	416	11	.	.	PUNCT
ajfa-11761	417	1	11	11	NUM
ajfa-11761	417	2	-	-	SYM
ajfa-11761	417	3	13	13	NUM
ajfa-11761	417	4	)	)	PUNCT
ajfa-11761	417	5	.	.	PUNCT
ajfa-11761	418	1	modigliani	modigliani	PROPN
ajfa-11761	418	2	,	,	PUNCT
ajfa-11761	418	3	f.	f.	PROPN
ajfa-11761	418	4	,	,	PUNCT
ajfa-11761	418	5	&	&	CCONJ
ajfa-11761	418	6	miller	miller	PROPN
ajfa-11761	418	7	,	,	PUNCT
ajfa-11761	418	8	m.	m.	NOUN
ajfa-11761	418	9	h.	h.	PROPN
ajfa-11761	418	10	(	(	PUNCT
ajfa-11761	418	11	1958	1958	NUM
ajfa-11761	418	12	)	)	PUNCT
ajfa-11761	418	13	.	.	PUNCT
ajfa-11761	419	1	the	the	DET
ajfa-11761	419	2	cost	cost	NOUN
ajfa-11761	419	3	of	of	ADP
ajfa-11761	419	4	capital	capital	NOUN
ajfa-11761	419	5	,	,	PUNCT
ajfa-11761	419	6	corporation	corporation	NOUN
ajfa-11761	419	7	finance	finance	NOUN
ajfa-11761	419	8	and	and	CCONJ
ajfa-11761	419	9	the	the	DET
ajfa-11761	419	10	theory	theory	NOUN
ajfa-11761	419	11	of	of	ADP
ajfa-11761	419	12	investment	investment	NOUN
ajfa-11761	419	13	.	.	PUNCT
ajfa-11761	420	1	the	the	DET
ajfa-11761	420	2	american	american	PROPN
ajfa-11761	420	3	economic	economic	PROPN
ajfa-11761	420	4	review	review	PROPN
ajfa-11761	420	5	,	,	PUNCT
ajfa-11761	420	6	48(3	48(3	PROPN
ajfa-11761	420	7	)	)	PUNCT
ajfa-11761	420	8	,	,	PUNCT
ajfa-11761	420	9	261	261	NUM
ajfa-11761	420	10	-	-	SYM
ajfa-11761	420	11	297	297	NUM
ajfa-11761	420	12	.	.	PUNCT
ajfa-11761	421	1	modigliani	modigliani	PROPN
ajfa-11761	421	2	,	,	PUNCT
ajfa-11761	421	3	f.	f.	PROPN
ajfa-11761	421	4	and	and	CCONJ
ajfa-11761	421	5	miller	miller	PROPN
ajfa-11761	421	6	,	,	PUNCT
ajfa-11761	421	7	m.	m.	NOUN
ajfa-11761	421	8	(	(	PUNCT
ajfa-11761	421	9	1963	1963	NUM
ajfa-11761	421	10	)	)	PUNCT
ajfa-11761	421	11	.	.	PUNCT
ajfa-11761	422	1	corporate	corporate	ADJ
ajfa-11761	422	2	income	income	NOUN
ajfa-11761	422	3	taxes	taxis	NOUN
ajfa-11761	422	4	and	and	CCONJ
ajfa-11761	422	5	the	the	DET
ajfa-11761	422	6	cost	cost	NOUN
ajfa-11761	422	7	of	of	ADP
ajfa-11761	422	8	capital	capital	NOUN
ajfa-11761	422	9	:	:	PUNCT
ajfa-11761	422	10	a	a	DET
ajfa-11761	422	11	correction	correction	NOUN
ajfa-11761	422	12	.	.	PUNCT
ajfa-11761	423	1	american	american	PROPN
ajfa-11761	423	2	economic	economic	PROPN
ajfa-11761	423	3	review	review	PROPN
ajfa-11761	423	4	,	,	PUNCT
ajfa-11761	423	5	june	june	PROPN
ajfa-11761	423	6	,	,	PUNCT
ajfa-11761	423	7	433	433	NUM
ajfa-11761	423	8	-	-	SYM
ajfa-11761	423	9	443	443	NUM
ajfa-11761	423	10	.	.	PUNCT
ajfa-11761	424	1	moon	moon	PROPN
ajfa-11761	424	2	,	,	PUNCT
ajfa-11761	424	3	g.	g.	PROPN
ajfa-11761	424	4	,	,	PUNCT
ajfa-11761	424	5	lee	lee	PROPN
ajfa-11761	424	6	,	,	PUNCT
ajfa-11761	424	7	h.	h.	PROPN
ajfa-11761	424	8	,	,	PUNCT
ajfa-11761	424	9	&	&	CCONJ
ajfa-11761	424	10	waggle	waggle	PROPN
ajfa-11761	424	11	,	,	PUNCT
ajfa-11761	424	12	d.	d.	PROPN
ajfa-11761	424	13	(	(	PUNCT
ajfa-11761	424	14	2015	2015	NUM
ajfa-11761	424	15	)	)	PUNCT
ajfa-11761	424	16	.	.	PUNCT
ajfa-11761	425	1	the	the	DET
ajfa-11761	425	2	effect	effect	NOUN
ajfa-11761	425	3	of	of	ADP
ajfa-11761	425	4	debt	debt	NOUN
ajfa-11761	425	5	capacity	capacity	NOUN
ajfa-11761	425	6	on	on	ADP
ajfa-11761	425	7	the	the	DET
ajfa-11761	425	8	long	long	ADJ
ajfa-11761	425	9	-	-	PUNCT
ajfa-11761	425	10	term	term	NOUN
ajfa-11761	425	11	stock	stock	NOUN
ajfa-11761	425	12	returns	return	NOUN
ajfa-11761	425	13	of	of	ADP
ajfa-11761	425	14	debt	debt	NOUN
ajfa-11761	425	15	-	-	PUNCT
ajfa-11761	425	16	free	free	ADJ
ajfa-11761	425	17	firms	firm	NOUN
ajfa-11761	425	18	.	.	PUNCT
ajfa-11761	426	1	applied	apply	VERB
ajfa-11761	426	2	economics	economic	NOUN
ajfa-11761	426	3	,	,	PUNCT
ajfa-11761	426	4	47(4	47(4	NUM
ajfa-11761	426	5	)	)	PUNCT
ajfa-11761	426	6	,	,	PUNCT
ajfa-11761	426	7	333	333	NUM
ajfa-11761	426	8	-	-	SYM
ajfa-11761	426	9	345	345	NUM
ajfa-11761	426	10	.	.	PUNCT
ajfa-11761	427	1	https://doi.org/10.1080/00036846.2014.959655	https://doi.org/10.1080/00036846.2014.959655	PROPN
ajfa-11761	427	2	myers	myers	PROPN
ajfa-11761	427	3	,	,	PUNCT
ajfa-11761	427	4	s.	s.	PROPN
ajfa-11761	427	5	c.	c.	PROPN
ajfa-11761	427	6	,	,	PUNCT
ajfa-11761	427	7	&	&	CCONJ
ajfa-11761	427	8	majluf	majluf	PROPN
ajfa-11761	427	9	,	,	PUNCT
ajfa-11761	427	10	n.	n.	PROPN
ajfa-11761	427	11	s.	s.	PROPN
ajfa-11761	427	12	(	(	PUNCT
ajfa-11761	427	13	1984	1984	NUM
ajfa-11761	427	14	)	)	PUNCT
ajfa-11761	427	15	.	.	PUNCT
ajfa-11761	428	1	corporate	corporate	ADJ
ajfa-11761	428	2	financing	financing	NOUN
ajfa-11761	428	3	and	and	CCONJ
ajfa-11761	428	4	investment	investment	NOUN
ajfa-11761	428	5	decisions	decision	NOUN
ajfa-11761	428	6	when	when	SCONJ
ajfa-11761	428	7	firms	firm	NOUN
ajfa-11761	428	8	have	have	VERB
ajfa-11761	428	9	information	information	NOUN
ajfa-11761	428	10	that	that	SCONJ
ajfa-11761	428	11	investors	investor	NOUN
ajfa-11761	428	12	do	do	AUX
ajfa-11761	428	13	not	not	PART
ajfa-11761	428	14	have	have	VERB
ajfa-11761	428	15	.	.	PUNCT
ajfa-11761	429	1	journal	journal	NOUN
ajfa-11761	429	2	of	of	ADP
ajfa-11761	429	3	financial	financial	ADJ
ajfa-11761	429	4	economics	economic	NOUN
ajfa-11761	429	5	,	,	PUNCT
ajfa-11761	429	6	13(2	13(2	PROPN
ajfa-11761	429	7	)	)	PUNCT
ajfa-11761	429	8	,	,	PUNCT
ajfa-11761	429	9	187	187	NUM
ajfa-11761	429	10	-	-	SYM
ajfa-11761	429	11	221	221	NUM
ajfa-11761	429	12	.	.	PUNCT
ajfa-11761	430	1	https://doi.org/10.1016/0304-405x(84)90023-0	https://doi.org/10.1016/0304-405x(84)90023-0	PROPN
ajfa-11761	430	2	myers	myers	PROPN
ajfa-11761	430	3	,	,	PUNCT
ajfa-11761	430	4	s.	s.	PROPN
ajfa-11761	430	5	c.	c.	PROPN
ajfa-11761	430	6	(	(	PUNCT
ajfa-11761	430	7	1984	1984	NUM
ajfa-11761	430	8	)	)	PUNCT
ajfa-11761	430	9	.	.	PUNCT
ajfa-11761	431	1	the	the	DET
ajfa-11761	431	2	capital	capital	NOUN
ajfa-11761	431	3	structure	structure	NOUN
ajfa-11761	431	4	puzzle	puzzle	NOUN
ajfa-11761	431	5	.	.	PUNCT
ajfa-11761	432	1	the	the	DET
ajfa-11761	432	2	journal	journal	PROPN
ajfa-11761	432	3	of	of	ADP
ajfa-11761	432	4	finance	finance	NOUN
ajfa-11761	432	5	,	,	PUNCT
ajfa-11761	432	6	39(3	39(3	NUM
ajfa-11761	432	7	)	)	PUNCT
ajfa-11761	432	8	,	,	PUNCT
ajfa-11761	432	9	574	574	NUM
ajfa-11761	432	10	-	-	SYM
ajfa-11761	432	11	592	592	NUM
ajfa-11761	432	12	.	.	PUNCT
ajfa-11761	433	1	https://doi.org/10.1111/j.1540-6261.1984.tb03646.x	https://doi.org/10.1111/j.1540-6261.1984.tb03646.x	PROPN
ajfa-11761	433	2	myers	myers	PROPN
ajfa-11761	433	3	,	,	PUNCT
ajfa-11761	433	4	s.	s.	PROPN
ajfa-11761	433	5	c.	c.	PROPN
ajfa-11761	433	6	(	(	PUNCT
ajfa-11761	433	7	1989	1989	NUM
ajfa-11761	433	8	)	)	PUNCT
ajfa-11761	433	9	.	.	PUNCT
ajfa-11761	434	1	still	still	ADV
ajfa-11761	434	2	searching	search	VERB
ajfa-11761	434	3	for	for	ADP
ajfa-11761	434	4	optimal	optimal	ADJ
ajfa-11761	434	5	capital	capital	NOUN
ajfa-11761	434	6	structure	structure	NOUN
ajfa-11761	434	7	.	.	PUNCT
ajfa-11761	435	1	are	be	AUX
ajfa-11761	435	2	the	the	DET
ajfa-11761	435	3	distinctions	distinction	NOUN
ajfa-11761	435	4	between	between	ADP
ajfa-11761	435	5	debt	debt	NOUN
ajfa-11761	435	6	and	and	CCONJ
ajfa-11761	435	7	equity	equity	NOUN
ajfa-11761	435	8	disappearing	disappearing	NOUN
ajfa-11761	435	9	,	,	PUNCT
ajfa-11761	435	10	80	80	NUM
ajfa-11761	435	11	-	-	SYM
ajfa-11761	435	12	95	95	NUM
ajfa-11761	435	13	.	.	PUNCT
ajfa-11761	436	1	nimalathasan	nimalathasan	PROPN
ajfa-11761	436	2	,	,	PUNCT
ajfa-11761	436	3	b.	b.	PROPN
ajfa-11761	436	4	,	,	PUNCT
ajfa-11761	436	5	&	&	CCONJ
ajfa-11761	436	6	brabete	brabete	ADJ
ajfa-11761	436	7	,	,	PUNCT
ajfa-11761	436	8	v.	v.	PROPN
ajfa-11761	436	9	(	(	PUNCT
ajfa-11761	436	10	2010	2010	NUM
ajfa-11761	436	11	)	)	PUNCT
ajfa-11761	436	12	.	.	PUNCT
ajfa-11761	437	1	capital	capital	NOUN
ajfa-11761	437	2	structure	structure	NOUN
ajfa-11761	437	3	and	and	CCONJ
ajfa-11761	437	4	its	its	PRON
ajfa-11761	437	5	impact	impact	NOUN
ajfa-11761	437	6	on	on	ADP
ajfa-11761	437	7	profitability	profitability	NOUN
ajfa-11761	437	8	:	:	PUNCT
ajfa-11761	437	9	a	a	DET
ajfa-11761	437	10	study	study	NOUN
ajfa-11761	437	11	of	of	ADP
ajfa-11761	437	12	listed	list	VERB
ajfa-11761	437	13	manufacturing	manufacturing	NOUN
ajfa-11761	437	14	companies	company	NOUN
ajfa-11761	437	15	in	in	ADP
ajfa-11761	437	16	sri	sri	PROPN
ajfa-11761	437	17	lanka	lanka	PROPN
ajfa-11761	437	18	.	.	PUNCT
ajfa-11761	438	1	young	young	ADJ
ajfa-11761	438	2	economists	economist	NOUN
ajfa-11761	438	3	journal	journal	PROPN
ajfa-11761	438	4	/	/	SYM
ajfa-11761	438	5	revista	revista	PROPN
ajfa-11761	438	6	tinerilor	tinerilor	NOUN
ajfa-11761	438	7	economisti	economisti	NOUN
ajfa-11761	438	8	,	,	PUNCT
ajfa-11761	438	9	8(15	8(15	NUM
ajfa-11761	438	10	)	)	PUNCT
ajfa-11761	438	11	.	.	PUNCT
ajfa-11761	439	1	nirajini	nirajini	PROPN
ajfa-11761	439	2	,	,	PUNCT
ajfa-11761	439	3	a.	a.	PROPN
ajfa-11761	439	4	,	,	PUNCT
ajfa-11761	439	5	&	&	CCONJ
ajfa-11761	439	6	priya	priya	PROPN
ajfa-11761	439	7	,	,	PUNCT
ajfa-11761	439	8	k.	k.	PROPN
ajfa-11761	439	9	b.	b.	PROPN
ajfa-11761	439	10	(	(	PUNCT
ajfa-11761	439	11	2013	2013	NUM
ajfa-11761	439	12	)	)	PUNCT
ajfa-11761	439	13	.	.	PUNCT
ajfa-11761	440	1	impact	impact	NOUN
ajfa-11761	440	2	of	of	ADP
ajfa-11761	440	3	capital	capital	NOUN
ajfa-11761	440	4	structure	structure	NOUN
ajfa-11761	440	5	on	on	ADP
ajfa-11761	440	6	financial	financial	ADJ
ajfa-11761	440	7	performance	performance	NOUN
ajfa-11761	440	8	of	of	ADP
ajfa-11761	440	9	the	the	DET
ajfa-11761	440	10	listed	list	VERB
ajfa-11761	440	11	trading	trading	NOUN
ajfa-11761	440	12	companies	company	NOUN
ajfa-11761	440	13	in	in	ADP
ajfa-11761	440	14	sri	sri	PROPN
ajfa-11761	440	15	lanka	lanka	PROPN
ajfa-11761	440	16	.	.	PUNCT
ajfa-11761	441	1	international	international	ADJ
ajfa-11761	441	2	journal	journal	PROPN
ajfa-11761	441	3	of	of	ADP
ajfa-11761	441	4	scientific	scientific	ADJ
ajfa-11761	441	5	research	research	NOUN
ajfa-11761	441	6	publications	publication	NOUN
ajfa-11761	441	7	,	,	PUNCT
ajfa-11761	441	8	3(5	3(5	NUM
ajfa-11761	441	9	)	)	PUNCT
ajfa-11761	441	10	,	,	PUNCT
ajfa-11761	441	11	1	1	NUM
ajfa-11761	441	12	-	-	SYM
ajfa-11761	441	13	9	9	NUM
ajfa-11761	441	14	.	.	PUNCT
ajfa-11761	442	1	roden	roden	PROPN
ajfa-11761	442	2	,	,	PUNCT
ajfa-11761	442	3	d.	d.	PROPN
ajfa-11761	442	4	m.	m.	PROPN
ajfa-11761	442	5	,	,	PUNCT
ajfa-11761	442	6	&	&	CCONJ
ajfa-11761	442	7	lewellen	lewellen	PROPN
ajfa-11761	442	8	,	,	PUNCT
ajfa-11761	442	9	w.	w.	PROPN
ajfa-11761	442	10	g.	g.	PROPN
ajfa-11761	442	11	(	(	PUNCT
ajfa-11761	442	12	1995	1995	NUM
ajfa-11761	442	13	)	)	PUNCT
ajfa-11761	442	14	.	.	PUNCT
ajfa-11761	443	1	corporate	corporate	ADJ
ajfa-11761	443	2	capital	capital	NOUN
ajfa-11761	443	3	structure	structure	NOUN
ajfa-11761	443	4	decisions	decision	NOUN
ajfa-11761	443	5	:	:	PUNCT
ajfa-11761	443	6	evidence	evidence	NOUN
ajfa-11761	443	7	from	from	ADP
ajfa-11761	443	8	leveraged	leveraged	ADJ
ajfa-11761	443	9	buyouts	buyout	NOUN
ajfa-11761	443	10	.	.	PUNCT
ajfa-11761	444	1	financial	financial	ADJ
ajfa-11761	444	2	management	management	NOUN
ajfa-11761	444	3	,	,	PUNCT
ajfa-11761	444	4	76	76	NUM
ajfa-11761	444	5	-	-	SYM
ajfa-11761	444	6	87	87	NUM
ajfa-11761	444	7	.	.	PUNCT
ajfa-11761	445	1	https://doi.org/10.2307/3665536	https://doi.org/10.2307/3665536	NOUN
ajfa-11761	445	2	sadeghian	sadeghian	NOUN
ajfa-11761	445	3	,	,	PUNCT
ajfa-11761	445	4	n.	n.	PROPN
ajfa-11761	445	5	s.	s.	PROPN
ajfa-11761	445	6	,	,	PUNCT
ajfa-11761	445	7	latifi	latifi	PROPN
ajfa-11761	445	8	,	,	PUNCT
ajfa-11761	445	9	m.	m.	NOUN
ajfa-11761	445	10	m.	m.	NOUN
ajfa-11761	445	11	,	,	PUNCT
ajfa-11761	445	12	soroush	soroush	PROPN
ajfa-11761	445	13	,	,	PUNCT
ajfa-11761	445	14	s.	s.	PROPN
ajfa-11761	445	15	,	,	PUNCT
ajfa-11761	445	16	&	&	CCONJ
ajfa-11761	445	17	aghabagher	aghabagher	PROPN
ajfa-11761	445	18	,	,	PUNCT
ajfa-11761	445	19	z.	z.	PROPN
ajfa-11761	445	20	t.	t.	PROPN
ajfa-11761	445	21	(	(	PUNCT
ajfa-11761	445	22	2012	2012	NUM
ajfa-11761	445	23	)	)	PUNCT
ajfa-11761	445	24	.	.	PUNCT
ajfa-11761	446	1	debt	debt	NOUN
ajfa-11761	446	2	policy	policy	NOUN
ajfa-11761	446	3	and	and	CCONJ
ajfa-11761	446	4	corporate	corporate	ADJ
ajfa-11761	446	5	performance	performance	NOUN
ajfa-11761	446	6	:	:	PUNCT
ajfa-11761	446	7	empirical	empirical	ADJ
ajfa-11761	446	8	evidence	evidence	NOUN
ajfa-11761	446	9	from	from	ADP
ajfa-11761	446	10	tehran	tehran	PROPN
ajfa-11761	446	11	stock	stock	PROPN
ajfa-11761	446	12	exchange	exchange	PROPN
ajfa-11761	446	13	companies	company	NOUN
ajfa-11761	446	14	.	.	PUNCT
ajfa-11761	447	1	international	international	ADJ
ajfa-11761	447	2	journal	journal	PROPN
ajfa-11761	447	3	of	of	ADP
ajfa-11761	447	4	economics	economic	NOUN
ajfa-11761	447	5	and	and	CCONJ
ajfa-11761	447	6	finance	finance	NOUN
ajfa-11761	447	7	,	,	PUNCT
ajfa-11761	447	8	4(11	4(11	NUM
ajfa-11761	447	9	)	)	PUNCT
ajfa-11761	447	10	,	,	PUNCT
ajfa-11761	447	11	217	217	NUM
ajfa-11761	447	12	.	.	PUNCT
ajfa-11761	448	1	https://doi.org/10.5539/ijef.v4n11p217	https://doi.org/10.5539/ijef.v4n11p217	ADJ
ajfa-11761	448	2	salim	salim	NOUN
ajfa-11761	448	3	,	,	PUNCT
ajfa-11761	448	4	m.	m.	NOUN
ajfa-11761	448	5	,	,	PUNCT
ajfa-11761	448	6	&	&	CCONJ
ajfa-11761	448	7	yadav	yadav	PROPN
ajfa-11761	448	8	,	,	PUNCT
ajfa-11761	448	9	r.	r.	PROPN
ajfa-11761	448	10	(	(	PUNCT
ajfa-11761	448	11	2012	2012	NUM
ajfa-11761	448	12	)	)	PUNCT
ajfa-11761	448	13	.	.	PUNCT
ajfa-11761	449	1	capital	capital	NOUN
ajfa-11761	449	2	structure	structure	NOUN
ajfa-11761	449	3	and	and	CCONJ
ajfa-11761	449	4	firm	firm	ADJ
ajfa-11761	449	5	performance	performance	NOUN
ajfa-11761	449	6	:	:	PUNCT
ajfa-11761	449	7	evidence	evidence	NOUN
ajfa-11761	449	8	from	from	ADP
ajfa-11761	449	9	malaysian	malaysian	ADJ
ajfa-11761	449	10	listed	list	VERB
ajfa-11761	449	11	companies	company	NOUN
ajfa-11761	449	12	.	.	PUNCT
ajfa-11761	450	1	procedia	procedia	NOUN
ajfa-11761	450	2	-	-	PUNCT
ajfa-11761	450	3	social	social	ADJ
ajfa-11761	450	4	and	and	CCONJ
ajfa-11761	450	5	behavioral	behavioral	ADJ
ajfa-11761	450	6	sciences	science	NOUN
ajfa-11761	450	7	,	,	PUNCT
ajfa-11761	450	8	65	65	NUM
ajfa-11761	450	9	,	,	PUNCT
ajfa-11761	450	10	156	156	NUM
ajfa-11761	450	11	-	-	SYM
ajfa-11761	450	12	166	166	NUM
ajfa-11761	450	13	.	.	PUNCT
ajfa-11761	451	1	https://doi.org/10.1016/j.sbspro.2012.11.105	https://doi.org/10.1016/j.sbspro.2012.11.105	PROPN
ajfa-11761	451	2	shyam	shyam	PROPN
ajfa-11761	451	3	-	-	PUNCT
ajfa-11761	451	4	sunder	sunder	NOUN
ajfa-11761	451	5	,	,	PUNCT
ajfa-11761	451	6	l.	l.	PROPN
ajfa-11761	451	7	,	,	PUNCT
ajfa-11761	451	8	&	&	CCONJ
ajfa-11761	451	9	myers	myers	PROPN
ajfa-11761	451	10	,	,	PUNCT
ajfa-11761	451	11	s.	s.	PROPN
ajfa-11761	451	12	c.	c.	PROPN
ajfa-11761	451	13	(	(	PUNCT
ajfa-11761	451	14	1999	1999	NUM
ajfa-11761	451	15	)	)	PUNCT
ajfa-11761	451	16	.	.	PUNCT
ajfa-11761	452	1	testing	test	VERB
ajfa-11761	452	2	static	static	ADJ
ajfa-11761	452	3	tradeoff	tradeoff	NOUN
ajfa-11761	452	4	against	against	ADP
ajfa-11761	452	5	pecking	pecking	NOUN
ajfa-11761	452	6	order	order	NOUN
ajfa-11761	452	7	models	model	NOUN
ajfa-11761	452	8	of	of	ADP
ajfa-11761	452	9	capital	capital	NOUN
ajfa-11761	452	10	structure	structure	NOUN
ajfa-11761	452	11	.	.	PUNCT
ajfa-11761	453	1	journal	journal	NOUN
ajfa-11761	453	2	of	of	ADP
ajfa-11761	453	3	financial	financial	ADJ
ajfa-11761	453	4	economics	economic	NOUN
ajfa-11761	453	5	,	,	PUNCT
ajfa-11761	453	6	51(2	51(2	NUM
ajfa-11761	453	7	)	)	PUNCT
ajfa-11761	453	8	,	,	PUNCT
ajfa-11761	453	9	219	219	NUM
ajfa-11761	453	10	-	-	SYM
ajfa-11761	453	11	244	244	NUM
ajfa-11761	453	12	.	.	PUNCT
ajfa-11761	454	1	https://doi.org/10.1016/s0304-405x(98)00051-8	https://doi.org/10.1016/s0304-405x(98)00051-8	PROPN
ajfa-11761	454	2	asian	asian	PROPN
ajfa-11761	454	3	journal	journal	NOUN
ajfa-11761	454	4	of	of	ADP
ajfa-11761	454	5	finance	finance	PROPN
ajfa-11761	454	6	&	&	CCONJ
ajfa-11761	454	7	accounting	accounting	PROPN
ajfa-11761	454	8	issn	issn	PROPN
ajfa-11761	454	9	1946	1946	NUM
ajfa-11761	454	10	-	-	PUNCT
ajfa-11761	454	11	052x	052x	PROPN
ajfa-11761	454	12	2017	2017	NUM
ajfa-11761	454	13	,	,	PUNCT
ajfa-11761	454	14	vol	vol	NOUN
ajfa-11761	454	15	.	.	NOUN
ajfa-11761	454	16	9	9	NUM
ajfa-11761	454	17	,	,	PUNCT
ajfa-11761	454	18	no	no	NOUN
ajfa-11761	454	19	.	.	NOUN
ajfa-11761	454	20	2	2	NUM
ajfa-11761	454	21	ajfa.macrothink.org	ajfa.macrothink.org	ADJ
ajfa-11761	454	22	127	127	NUM
ajfa-11761	454	23	simerly	simerly	ADV
ajfa-11761	454	24	,	,	PUNCT
ajfa-11761	454	25	r.	r.	PROPN
ajfa-11761	454	26	l.	l.	PROPN
ajfa-11761	454	27	,	,	PUNCT
ajfa-11761	454	28	&	&	CCONJ
ajfa-11761	454	29	li	li	PROPN
ajfa-11761	454	30	,	,	PUNCT
ajfa-11761	454	31	m.	m.	NOUN
ajfa-11761	454	32	(	(	PUNCT
ajfa-11761	454	33	2000	2000	NUM
ajfa-11761	454	34	)	)	PUNCT
ajfa-11761	454	35	.	.	PUNCT
ajfa-11761	455	1	environmental	environmental	ADJ
ajfa-11761	455	2	dynamism	dynamism	NOUN
ajfa-11761	455	3	,	,	PUNCT
ajfa-11761	455	4	capital	capital	NOUN
ajfa-11761	455	5	structure	structure	NOUN
ajfa-11761	455	6	and	and	CCONJ
ajfa-11761	455	7	performance	performance	NOUN
ajfa-11761	455	8	:	:	PUNCT
ajfa-11761	455	9	a	a	DET
ajfa-11761	455	10	theoretical	theoretical	ADJ
ajfa-11761	455	11	integration	integration	NOUN
ajfa-11761	455	12	and	and	CCONJ
ajfa-11761	455	13	an	an	DET
ajfa-11761	455	14	empirical	empirical	ADJ
ajfa-11761	455	15	test	test	NOUN
ajfa-11761	455	16	.	.	PUNCT
ajfa-11761	456	1	strategic	strategic	ADJ
ajfa-11761	456	2	management	management	NOUN
ajfa-11761	456	3	journal	journal	NOUN
ajfa-11761	456	4	,	,	PUNCT
ajfa-11761	456	5	21(1	21(1	NUM
ajfa-11761	456	6	)	)	PUNCT
ajfa-11761	456	7	,	,	PUNCT
ajfa-11761	456	8	31	31	NUM
ajfa-11761	456	9	-	-	SYM
ajfa-11761	456	10	49	49	NUM
ajfa-11761	456	11	.	.	PUNCT
ajfa-11761	457	1	https://doi.org/10.1002/(sici)1097-0266(200001)21:1<31::aid-smj76>3.0.co;2-t	https://doi.org/10.1002/(sici)1097-0266(200001)21:1<31::aid-smj76>3.0.co;2-t	PROPN
ajfa-11761	457	2	weill	weill	PROPN
ajfa-11761	457	3	,	,	PUNCT
ajfa-11761	457	4	l.	l.	PROPN
ajfa-11761	457	5	(	(	PUNCT
ajfa-11761	457	6	2008	2008	NUM
ajfa-11761	457	7	)	)	PUNCT
ajfa-11761	457	8	.	.	PUNCT
ajfa-11761	458	1	leverage	leverage	NOUN
ajfa-11761	458	2	and	and	CCONJ
ajfa-11761	458	3	corporate	corporate	ADJ
ajfa-11761	458	4	performance	performance	NOUN
ajfa-11761	458	5	:	:	PUNCT
ajfa-11761	458	6	does	do	AUX
ajfa-11761	458	7	institutional	institutional	ADJ
ajfa-11761	458	8	environment	environment	NOUN
ajfa-11761	458	9	matter	matter	VERB
ajfa-11761	458	10	?	?	PUNCT
ajfa-11761	458	11	.	.	PUNCT
ajfa-11761	459	1	small	small	ADJ
ajfa-11761	459	2	business	business	NOUN
ajfa-11761	459	3	economics	economic	NOUN
ajfa-11761	459	4	,	,	PUNCT
ajfa-11761	459	5	30(3	30(3	NUM
ajfa-11761	459	6	)	)	PUNCT
ajfa-11761	459	7	,	,	PUNCT
ajfa-11761	459	8	251	251	NUM
ajfa-11761	459	9	-	-	SYM
ajfa-11761	459	10	265	265	NUM
ajfa-11761	459	11	.	.	PUNCT
ajfa-11761	460	1	https://doi.org/10.1007/s11187-006-9045-7	https://doi.org/10.1007/s11187-006-9045-7	PROPN
ajfa-11761	460	2	warusawitharana	warusawitharana	PROPN
ajfa-11761	460	3	,	,	PUNCT
ajfa-11761	460	4	m.	m.	NOUN
ajfa-11761	460	5	(	(	PUNCT
ajfa-11761	460	6	2014	2014	NUM
ajfa-11761	460	7	)	)	PUNCT
ajfa-11761	460	8	.	.	PUNCT
ajfa-11761	461	1	profitability	profitability	NOUN
ajfa-11761	461	2	and	and	CCONJ
ajfa-11761	461	3	the	the	DET
ajfa-11761	461	4	lifecycle	lifecycle	NOUN
ajfa-11761	461	5	of	of	ADP
ajfa-11761	461	6	firms	firm	NOUN
ajfa-11761	461	7	.	.	PUNCT
ajfa-11761	462	1	available	available	ADJ
ajfa-11761	462	2	at	at	ADP
ajfa-11761	462	3	ssrn	ssrn	PROPN
ajfa-11761	462	4	1568965	1568965	NUM
ajfa-11761	462	5	.	.	PUNCT
ajfa-11761	463	1	yazdanfar	yazdanfar	PROPN
ajfa-11761	463	2	,	,	PUNCT
ajfa-11761	463	3	d.	d.	PROPN
ajfa-11761	463	4	,	,	PUNCT
ajfa-11761	463	5	&	&	CCONJ
ajfa-11761	463	6	öhman	öhman	NOUN
ajfa-11761	463	7	,	,	PUNCT
ajfa-11761	463	8	p.	p.	NOUN
ajfa-11761	463	9	(	(	PUNCT
ajfa-11761	463	10	2015	2015	NUM
ajfa-11761	463	11	)	)	PUNCT
ajfa-11761	463	12	.	.	PUNCT
ajfa-11761	464	1	debt	debt	NOUN
ajfa-11761	464	2	financing	financing	NOUN
ajfa-11761	464	3	and	and	CCONJ
ajfa-11761	464	4	firm	firm	ADJ
ajfa-11761	464	5	performance	performance	NOUN
ajfa-11761	464	6	:	:	PUNCT
ajfa-11761	464	7	an	an	DET
ajfa-11761	464	8	empirical	empirical	ADJ
ajfa-11761	464	9	study	study	NOUN
ajfa-11761	464	10	based	base	VERB
ajfa-11761	464	11	on	on	ADP
ajfa-11761	464	12	swedish	swedish	ADJ
ajfa-11761	464	13	data	data	PROPN
ajfa-11761	464	14	.	.	PUNCT
ajfa-11761	465	1	the	the	DET
ajfa-11761	465	2	journal	journal	NOUN
ajfa-11761	465	3	of	of	ADP
ajfa-11761	465	4	risk	risk	NOUN
ajfa-11761	465	5	finance	finance	NOUN
ajfa-11761	465	6	,	,	PUNCT
ajfa-11761	465	7	16(1	16(1	NUM
ajfa-11761	465	8	)	)	PUNCT
ajfa-11761	465	9	,	,	PUNCT
ajfa-11761	465	10	102	102	NUM
ajfa-11761	465	11	-	-	SYM
ajfa-11761	465	12	118	118	NUM
ajfa-11761	465	13	.	.	PUNCT
ajfa-11761	466	1	https://doi.org/10.1108/jrf-06-2014-0085	https://doi.org/10.1108/jrf-06-2014-0085	NOUN
ajfa-11761	466	2	zeitun	zeitun	NUM
ajfa-11761	466	3	,	,	PUNCT
ajfa-11761	466	4	r.	r.	PROPN
ajfa-11761	466	5	,	,	PUNCT
ajfa-11761	466	6	&	&	CCONJ
ajfa-11761	466	7	saleh	saleh	PROPN
ajfa-11761	466	8	,	,	PUNCT
ajfa-11761	466	9	a.	a.	PROPN
ajfa-11761	466	10	s.	s.	PROPN
ajfa-11761	466	11	(	(	PUNCT
ajfa-11761	466	12	2015	2015	NUM
ajfa-11761	466	13	)	)	PUNCT
ajfa-11761	466	14	.	.	PUNCT
ajfa-11761	467	1	dynamic	dynamic	ADJ
ajfa-11761	467	2	performance	performance	NOUN
ajfa-11761	467	3	,	,	PUNCT
ajfa-11761	467	4	financial	financial	ADJ
ajfa-11761	467	5	leverage	leverage	NOUN
ajfa-11761	467	6	and	and	CCONJ
ajfa-11761	467	7	financial	financial	ADJ
ajfa-11761	467	8	crisis	crisis	NOUN
ajfa-11761	467	9	:	:	PUNCT
ajfa-11761	467	10	evidence	evidence	NOUN
ajfa-11761	467	11	from	from	ADP
ajfa-11761	467	12	gcc	gcc	NOUN
ajfa-11761	467	13	countries	country	NOUN
ajfa-11761	467	14	.	.	PUNCT
ajfa-11761	468	1	euro	euro	PROPN
ajfa-11761	468	2	med	med	PROPN
ajfa-11761	468	3	journal	journal	PROPN
ajfa-11761	468	4	of	of	ADP
ajfa-11761	468	5	business	business	NOUN
ajfa-11761	468	6	,	,	PUNCT
ajfa-11761	468	7	10(2	10(2	NUM
ajfa-11761	468	8	)	)	PUNCT
ajfa-11761	468	9	,	,	PUNCT
ajfa-11761	468	10	147	147	NUM
ajfa-11761	468	11	-	-	SYM
ajfa-11761	468	12	162	162	NUM
ajfa-11761	468	13	.	.	PUNCT
ajfa-11761	469	1	https://doi.org/10.1108/emjb-08-2014-0022	https://doi.org/10.1108/emjb-08-2014-0022	PROPN