id	sid	tid	token	lemma	pos
ajfa-15640	1	1	microsoft	microsoft	PROPN
ajfa-15640	1	2	word	word	NOUN
ajfa-15640	1	3	15640	15640	NUM
ajfa-15640	1	4	-	-	SYM
ajfa-15640	1	5	56259	56259	NUM
ajfa-15640	1	6	-	-	PUNCT
ajfa-15640	1	7	1	1	NUM
ajfa-15640	1	8	-	-	PUNCT
ajfa-15640	1	9	sp	sp	NOUN
ajfa-15640	1	10	-	-	PUNCT
ajfa-15640	1	11	writer2	writer2	NOUN
ajfa-15640	1	12	-	-	ADJ
ajfa-15640	1	13	new	new	ADJ
ajfa-15640	1	14	asian	asian	ADJ
ajfa-15640	1	15	journal	journal	NOUN
ajfa-15640	1	16	of	of	ADP
ajfa-15640	1	17	finance	finance	PROPN
ajfa-15640	1	18	&	&	CCONJ
ajfa-15640	1	19	accounting	accounting	PROPN
ajfa-15640	1	20	issn	issn	PROPN
ajfa-15640	1	21	1946	1946	NUM
ajfa-15640	1	22	-	-	PUNCT
ajfa-15640	1	23	052x	052x	PROPN
ajfa-15640	1	24	2019	2019	NUM
ajfa-15640	1	25	,	,	PUNCT
ajfa-15640	1	26	vol	vol	NOUN
ajfa-15640	1	27	.	.	PROPN
ajfa-15640	1	28	11	11	NUM
ajfa-15640	1	29	,	,	PUNCT
ajfa-15640	1	30	no	no	INTJ
ajfa-15640	1	31	.	.	NOUN
ajfa-15640	1	32	2	2	NUM
ajfa-15640	1	33	ajfa.macrothink.org/	ajfa.macrothink.org/	NOUN
ajfa-15640	1	34	81	81	NUM
ajfa-15640	1	35	cash	cash	NOUN
ajfa-15640	1	36	conversion	conversion	NOUN
ajfa-15640	1	37	cycle	cycle	NOUN
ajfa-15640	1	38	and	and	CCONJ
ajfa-15640	1	39	profitability	profitability	NOUN
ajfa-15640	1	40	evidence	evidence	NOUN
ajfa-15640	1	41	from	from	ADP
ajfa-15640	1	42	jordan	jordan	PROPN
ajfa-15640	1	43	manar	manar	PROPN
ajfa-15640	1	44	al	al	PROPN
ajfa-15640	1	45	-	-	PUNCT
ajfa-15640	1	46	mohareb	mohareb	VERB
ajfa-15640	1	47	mba	mba	NOUN
ajfa-15640	1	48	accounting	accounting	NOUN
ajfa-15640	1	49	,	,	PUNCT
ajfa-15640	1	50	business	business	NOUN
ajfa-15640	1	51	faculty	faculty	NOUN
ajfa-15640	1	52	,	,	PUNCT
ajfa-15640	1	53	university	university	PROPN
ajfa-15640	1	54	of	of	ADP
ajfa-15640	1	55	jordan	jordan	PROPN
ajfa-15640	1	56	zip	zip	PROPN
ajfa-15640	1	57	code	code	PROPN
ajfa-15640	1	58	11710	11710	NUM
ajfa-15640	1	59	,	,	PUNCT
ajfa-15640	1	60	na'ur	na'ur	ADJ
ajfa-15640	1	61	,	,	PUNCT
ajfa-15640	1	62	amman	amman	PROPN
ajfa-15640	1	63	,	,	PUNCT
ajfa-15640	1	64	jrdan	jrdan	PROPN
ajfa-15640	1	65	tel	tel	PROPN
ajfa-15640	1	66	:	:	PUNCT
ajfa-15640	1	67	96	96	NUM
ajfa-15640	1	68	-	-	SYM
ajfa-15640	1	69	27	27	NUM
ajfa-15640	1	70	-	-	PUNCT
ajfa-15640	1	71	9583	9583	NUM
ajfa-15640	1	72	-	-	PUNCT
ajfa-15640	1	73	4507	4507	NUM
ajfa-15640	1	74	e	e	NOUN
ajfa-15640	1	75	-	-	NOUN
ajfa-15640	1	76	mail	mail	NOUN
ajfa-15640	1	77	:	:	PUNCT
ajfa-15640	1	78	manar.moharib@yahoo.com	manar.moharib@yahoo.com	X
ajfa-15640	1	79	received	receive	VERB
ajfa-15640	1	80	:	:	PUNCT
ajfa-15640	1	81	august	august	PROPN
ajfa-15640	1	82	21	21	NUM
ajfa-15640	1	83	,	,	PUNCT
ajfa-15640	1	84	2019	2019	NUM
ajfa-15640	1	85	accepted	accept	VERB
ajfa-15640	1	86	:	:	PUNCT
ajfa-15640	1	87	nov	nov	PROPN
ajfa-15640	1	88	.	.	PROPN
ajfa-15640	1	89	4	4	NUM
ajfa-15640	1	90	,	,	PUNCT
ajfa-15640	1	91	2019	2019	NUM
ajfa-15640	1	92	published	publish	VERB
ajfa-15640	1	93	:	:	PUNCT
ajfa-15640	1	94	december	december	PROPN
ajfa-15640	1	95	1	1	NUM
ajfa-15640	1	96	,	,	PUNCT
ajfa-15640	1	97	2019	2019	NUM
ajfa-15640	1	98	doi:10.5296	doi:10.5296	NOUN
ajfa-15640	1	99	/	/	SYM
ajfa-15640	1	100	ajfa.v11i2.15640	ajfa.v11i2.15640	ADJ
ajfa-15640	1	101	url	url	NOUN
ajfa-15640	1	102	:	:	PUNCT
ajfa-15640	1	103	https://doi.org/10.5296/ajfa.v11i2.15640	https://doi.org/10.5296/ajfa.v11i2.15640	X
ajfa-15640	1	104	abstract	abstract	ADP
ajfa-15640	1	105	this	this	DET
ajfa-15640	1	106	study	study	NOUN
ajfa-15640	1	107	investigates	investigate	VERB
ajfa-15640	1	108	the	the	DET
ajfa-15640	1	109	impact	impact	NOUN
ajfa-15640	1	110	of	of	ADP
ajfa-15640	1	111	working	work	VERB
ajfa-15640	1	112	capital	capital	NOUN
ajfa-15640	1	113	management	management	NOUN
ajfa-15640	1	114	and	and	CCONJ
ajfa-15640	1	115	its	its	PRON
ajfa-15640	1	116	components	component	NOUN
ajfa-15640	1	117	on	on	ADP
ajfa-15640	1	118	profitability	profitability	NOUN
ajfa-15640	1	119	as	as	ADP
ajfa-15640	1	120	a	a	DET
ajfa-15640	1	121	practical	practical	ADJ
ajfa-15640	1	122	aspect	aspect	NOUN
ajfa-15640	1	123	,	,	PUNCT
ajfa-15640	1	124	and	and	CCONJ
ajfa-15640	1	125	how	how	SCONJ
ajfa-15640	1	126	is	be	AUX
ajfa-15640	1	127	compatible	compatible	ADJ
ajfa-15640	1	128	with	with	ADP
ajfa-15640	1	129	the	the	DET
ajfa-15640	1	130	theoretical	theoretical	ADJ
ajfa-15640	1	131	aspect	aspect	NOUN
ajfa-15640	1	132	.	.	PUNCT
ajfa-15640	2	1	besides	besides	SCONJ
ajfa-15640	2	2	,	,	PUNCT
ajfa-15640	2	3	it	it	PRON
ajfa-15640	2	4	examines	examine	VERB
ajfa-15640	2	5	other	other	ADJ
ajfa-15640	2	6	financial	financial	ADJ
ajfa-15640	2	7	factors	factor	NOUN
ajfa-15640	2	8	that	that	PRON
ajfa-15640	2	9	may	may	AUX
ajfa-15640	2	10	affect	affect	VERB
ajfa-15640	2	11	profitability	profitability	NOUN
ajfa-15640	2	12	by	by	ADP
ajfa-15640	2	13	using	use	VERB
ajfa-15640	2	14	a	a	DET
ajfa-15640	2	15	sample	sample	NOUN
ajfa-15640	2	16	of	of	ADP
ajfa-15640	2	17	jordanian	jordanian	ADJ
ajfa-15640	2	18	manufacturing	manufacturing	NOUN
ajfa-15640	2	19	firms	firm	NOUN
ajfa-15640	2	20	listed	list	VERB
ajfa-15640	2	21	in	in	ADP
ajfa-15640	2	22	the	the	DET
ajfa-15640	2	23	amman	amman	PROPN
ajfa-15640	2	24	stock	stock	PROPN
ajfa-15640	2	25	exchange	exchange	PROPN
ajfa-15640	2	26	for	for	ADP
ajfa-15640	2	27	the	the	DET
ajfa-15640	2	28	period	period	NOUN
ajfa-15640	2	29	(	(	PUNCT
ajfa-15640	2	30	2016	2016	NUM
ajfa-15640	2	31	-	-	SYM
ajfa-15640	2	32	2018	2018	NUM
ajfa-15640	2	33	)	)	PUNCT
ajfa-15640	2	34	.	.	PUNCT
ajfa-15640	3	1	theoretically	theoretically	ADV
ajfa-15640	3	2	,	,	PUNCT
ajfa-15640	3	3	manufacturing	manufacturing	NOUN
ajfa-15640	3	4	firms	firm	NOUN
ajfa-15640	3	5	that	that	PRON
ajfa-15640	3	6	have	have	AUX
ajfa-15640	3	7	been	be	AUX
ajfa-15640	3	8	studied	study	VERB
ajfa-15640	3	9	have	have	VERB
ajfa-15640	3	10	current	current	ADJ
ajfa-15640	3	11	assets	asset	NOUN
ajfa-15640	3	12	over	over	ADP
ajfa-15640	3	13	half	half	NOUN
ajfa-15640	3	14	of	of	ADP
ajfa-15640	3	15	their	their	PRON
ajfa-15640	3	16	total	total	ADJ
ajfa-15640	3	17	assets	asset	NOUN
ajfa-15640	3	18	.	.	PUNCT
ajfa-15640	4	1	therefore	therefore	ADV
ajfa-15640	4	2	,	,	PUNCT
ajfa-15640	4	3	the	the	DET
ajfa-15640	4	4	working	work	VERB
ajfa-15640	4	5	capital	capital	NOUN
ajfa-15640	4	6	management	management	NOUN
ajfa-15640	4	7	role	role	NOUN
ajfa-15640	4	8	will	will	AUX
ajfa-15640	4	9	be	be	AUX
ajfa-15640	4	10	clearer	clear	ADJ
ajfa-15640	4	11	on	on	ADP
ajfa-15640	4	12	firm	firm	ADJ
ajfa-15640	4	13	profitability	profitability	NOUN
ajfa-15640	4	14	.	.	PUNCT
ajfa-15640	5	1	practically	practically	ADV
ajfa-15640	5	2	,	,	PUNCT
ajfa-15640	5	3	the	the	DET
ajfa-15640	5	4	results	result	NOUN
ajfa-15640	5	5	indicate	indicate	VERB
ajfa-15640	5	6	that	that	SCONJ
ajfa-15640	5	7	there	there	PRON
ajfa-15640	5	8	is	be	VERB
ajfa-15640	5	9	a	a	DET
ajfa-15640	5	10	significant	significant	ADJ
ajfa-15640	5	11	relationship	relationship	NOUN
ajfa-15640	5	12	between	between	ADP
ajfa-15640	5	13	the	the	DET
ajfa-15640	5	14	cash	cash	NOUN
ajfa-15640	5	15	conversion	conversion	NOUN
ajfa-15640	5	16	cycle	cycle	NOUN
ajfa-15640	5	17	,	,	PUNCT
ajfa-15640	5	18	which	which	PRON
ajfa-15640	5	19	is	be	AUX
ajfa-15640	5	20	considered	consider	VERB
ajfa-15640	5	21	as	as	ADP
ajfa-15640	5	22	a	a	DET
ajfa-15640	5	23	proxy	proxy	NOUN
ajfa-15640	5	24	of	of	ADP
ajfa-15640	5	25	working	work	VERB
ajfa-15640	5	26	capital	capital	NOUN
ajfa-15640	5	27	management	management	NOUN
ajfa-15640	5	28	,	,	PUNCT
ajfa-15640	5	29	and	and	CCONJ
ajfa-15640	5	30	profitability	profitability	NOUN
ajfa-15640	5	31	of	of	ADP
ajfa-15640	5	32	the	the	DET
ajfa-15640	5	33	manufacturing	manufacturing	NOUN
ajfa-15640	5	34	firms	firm	NOUN
ajfa-15640	5	35	.	.	PUNCT
ajfa-15640	6	1	this	this	PRON
ajfa-15640	6	2	provides	provide	VERB
ajfa-15640	6	3	an	an	DET
ajfa-15640	6	4	opportunity	opportunity	NOUN
ajfa-15640	6	5	to	to	PART
ajfa-15640	6	6	create	create	VERB
ajfa-15640	6	7	value	value	NOUN
ajfa-15640	6	8	for	for	ADP
ajfa-15640	6	9	shareholders	shareholder	NOUN
ajfa-15640	6	10	by	by	ADP
ajfa-15640	6	11	decreasing	decrease	VERB
ajfa-15640	6	12	receivable	receivable	ADJ
ajfa-15640	6	13	accounts	account	NOUN
ajfa-15640	6	14	and	and	CCONJ
ajfa-15640	6	15	inventory	inventory	NOUN
ajfa-15640	6	16	,	,	PUNCT
ajfa-15640	6	17	enhancing	enhance	VERB
ajfa-15640	6	18	the	the	DET
ajfa-15640	6	19	profitability	profitability	NOUN
ajfa-15640	6	20	of	of	ADP
ajfa-15640	6	21	the	the	DET
ajfa-15640	6	22	firms	firm	NOUN
ajfa-15640	6	23	and	and	CCONJ
ajfa-15640	6	24	reducing	reduce	VERB
ajfa-15640	6	25	the	the	DET
ajfa-15640	6	26	collection	collection	NOUN
ajfa-15640	6	27	period	period	NOUN
ajfa-15640	6	28	and	and	CCONJ
ajfa-15640	6	29	by	by	ADP
ajfa-15640	6	30	adopting	adopt	VERB
ajfa-15640	6	31	effective	effective	ADJ
ajfa-15640	6	32	credit	credit	NOUN
ajfa-15640	6	33	policy	policy	NOUN
ajfa-15640	6	34	.	.	PUNCT
ajfa-15640	7	1	keywords	keyword	NOUN
ajfa-15640	7	2	:	:	PUNCT
ajfa-15640	7	3	cash	cash	NOUN
ajfa-15640	7	4	conversion	conversion	NOUN
ajfa-15640	7	5	cycle	cycle	NOUN
ajfa-15640	7	6	,	,	PUNCT
ajfa-15640	7	7	components	component	NOUN
ajfa-15640	7	8	,	,	PUNCT
ajfa-15640	7	9	profitability	profitability	NOUN
ajfa-15640	7	10	,	,	PUNCT
ajfa-15640	7	11	working	work	VERB
ajfa-15640	7	12	capital	capital	NOUN
ajfa-15640	7	13	management	management	PROPN
ajfa-15640	7	14	asian	asian	PROPN
ajfa-15640	7	15	journal	journal	NOUN
ajfa-15640	7	16	of	of	ADP
ajfa-15640	7	17	finance	finance	PROPN
ajfa-15640	7	18	&	&	CCONJ
ajfa-15640	7	19	accounting	accounting	PROPN
ajfa-15640	7	20	issn	issn	PROPN
ajfa-15640	7	21	1946	1946	NUM
ajfa-15640	7	22	-	-	PUNCT
ajfa-15640	7	23	052x	052x	PROPN
ajfa-15640	7	24	2019	2019	NUM
ajfa-15640	7	25	,	,	PUNCT
ajfa-15640	7	26	vol	vol	NOUN
ajfa-15640	7	27	.	.	PROPN
ajfa-15640	7	28	11	11	NUM
ajfa-15640	7	29	,	,	PUNCT
ajfa-15640	7	30	no	no	INTJ
ajfa-15640	7	31	.	.	NOUN
ajfa-15640	7	32	2	2	NUM
ajfa-15640	7	33	ajfa.macrothink.org/	ajfa.macrothink.org/	NOUN
ajfa-15640	7	34	82	82	NUM
ajfa-15640	7	35	1	1	NUM
ajfa-15640	7	36	.	.	PUNCT
ajfa-15640	8	1	introduction	introduction	NOUN
ajfa-15640	8	2	almost	almost	ADV
ajfa-15640	8	3	firms	firm	NOUN
ajfa-15640	8	4	around	around	ADP
ajfa-15640	8	5	the	the	DET
ajfa-15640	8	6	world	world	NOUN
ajfa-15640	8	7	seek	seek	VERB
ajfa-15640	8	8	to	to	PART
ajfa-15640	8	9	increase	increase	VERB
ajfa-15640	8	10	profitability	profitability	NOUN
ajfa-15640	8	11	to	to	PART
ajfa-15640	8	12	maximize	maximize	VERB
ajfa-15640	8	13	shareholders	shareholder	NOUN
ajfa-15640	8	14	wealth	wealth	NOUN
ajfa-15640	8	15	.	.	PUNCT
ajfa-15640	9	1	thus	thus	ADV
ajfa-15640	9	2	,	,	PUNCT
ajfa-15640	9	3	their	their	PRON
ajfa-15640	9	4	managements	management	NOUN
ajfa-15640	9	5	traditionally	traditionally	ADV
ajfa-15640	9	6	focus	focus	VERB
ajfa-15640	9	7	on	on	ADP
ajfa-15640	9	8	how	how	SCONJ
ajfa-15640	9	9	to	to	PART
ajfa-15640	9	10	make	make	VERB
ajfa-15640	9	11	typical	typical	ADJ
ajfa-15640	9	12	financial	financial	ADJ
ajfa-15640	9	13	decisions	decision	NOUN
ajfa-15640	9	14	to	to	PART
ajfa-15640	9	15	ensure	ensure	VERB
ajfa-15640	9	16	the	the	DET
ajfa-15640	9	17	financial	financial	ADJ
ajfa-15640	9	18	soundness	soundness	NOUN
ajfa-15640	9	19	of	of	ADP
ajfa-15640	9	20	a	a	DET
ajfa-15640	9	21	firm	firm	NOUN
ajfa-15640	9	22	,	,	PUNCT
ajfa-15640	9	23	which	which	PRON
ajfa-15640	9	24	includes	include	VERB
ajfa-15640	9	25	both	both	CCONJ
ajfa-15640	9	26	the	the	DET
ajfa-15640	9	27	financial	financial	ADJ
ajfa-15640	9	28	position	position	NOUN
ajfa-15640	9	29	and	and	CCONJ
ajfa-15640	9	30	economic	economic	ADJ
ajfa-15640	9	31	performance	performance	NOUN
ajfa-15640	9	32	.	.	PUNCT
ajfa-15640	10	1	working	work	VERB
ajfa-15640	10	2	capital	capital	NOUN
ajfa-15640	10	3	management	management	NOUN
ajfa-15640	10	4	is	be	AUX
ajfa-15640	10	5	the	the	DET
ajfa-15640	10	6	most	most	ADV
ajfa-15640	10	7	important	important	ADJ
ajfa-15640	10	8	aspect	aspect	NOUN
ajfa-15640	10	9	of	of	ADP
ajfa-15640	10	10	the	the	DET
ajfa-15640	10	11	economic	economic	ADJ
ajfa-15640	10	12	performance	performance	NOUN
ajfa-15640	10	13	of	of	ADP
ajfa-15640	10	14	a	a	DET
ajfa-15640	10	15	firm	firm	NOUN
ajfa-15640	10	16	that	that	PRON
ajfa-15640	10	17	contributes	contribute	VERB
ajfa-15640	10	18	to	to	ADP
ajfa-15640	10	19	enhancing	enhance	VERB
ajfa-15640	10	20	profitability	profitability	NOUN
ajfa-15640	10	21	and	and	CCONJ
ajfa-15640	10	22	providing	provide	VERB
ajfa-15640	10	23	directly	directly	ADV
ajfa-15640	10	24	liquidity	liquidity	NOUN
ajfa-15640	10	25	to	to	ADP
ajfa-15640	10	26	the	the	DET
ajfa-15640	10	27	firm	firm	NOUN
ajfa-15640	10	28	(	(	PUNCT
ajfa-15640	10	29	chary	chary	PROPN
ajfa-15640	10	30	&	&	CCONJ
ajfa-15640	10	31	kumar	kumar	PROPN
ajfa-15640	10	32	,	,	PUNCT
ajfa-15640	10	33	2011	2011	NUM
ajfa-15640	10	34	)	)	PUNCT
ajfa-15640	10	35	.	.	PUNCT
ajfa-15640	11	1	in	in	ADP
ajfa-15640	11	2	theory	theory	NOUN
ajfa-15640	11	3	,	,	PUNCT
ajfa-15640	11	4	planning	planning	NOUN
ajfa-15640	11	5	and	and	CCONJ
ajfa-15640	11	6	controlling	control	VERB
ajfa-15640	11	7	current	current	ADJ
ajfa-15640	11	8	assets	asset	NOUN
ajfa-15640	11	9	and	and	CCONJ
ajfa-15640	11	10	liabilities	liability	NOUN
ajfa-15640	11	11	are	be	AUX
ajfa-15640	11	12	considered	consider	VERB
ajfa-15640	11	13	as	as	ADP
ajfa-15640	11	14	responsibilities	responsibility	NOUN
ajfa-15640	11	15	of	of	ADP
ajfa-15640	11	16	efficient	efficient	ADJ
ajfa-15640	11	17	working	working	NOUN
ajfa-15640	11	18	capital	capital	NOUN
ajfa-15640	11	19	management	management	NOUN
ajfa-15640	11	20	that	that	PRON
ajfa-15640	11	21	contributes	contribute	VERB
ajfa-15640	11	22	to	to	ADP
ajfa-15640	11	23	eliminating	eliminate	VERB
ajfa-15640	11	24	the	the	DET
ajfa-15640	11	25	inability	inability	NOUN
ajfa-15640	11	26	risk	risk	NOUN
ajfa-15640	11	27	of	of	ADP
ajfa-15640	11	28	the	the	DET
ajfa-15640	11	29	meeting	meeting	NOUN
ajfa-15640	11	30	short	short	ADJ
ajfa-15640	11	31	-	-	PUNCT
ajfa-15640	11	32	term	term	NOUN
ajfa-15640	11	33	obligations	obligation	NOUN
ajfa-15640	11	34	and	and	CCONJ
ajfa-15640	11	35	to	to	ADP
ajfa-15640	11	36	avoiding	avoid	VERB
ajfa-15640	11	37	excessive	excessive	ADJ
ajfa-15640	11	38	investment	investment	NOUN
ajfa-15640	11	39	in	in	ADP
ajfa-15640	11	40	these	these	DET
ajfa-15640	11	41	assets	asset	NOUN
ajfa-15640	11	42	(	(	PUNCT
ajfa-15640	11	43	eljelly	eljelly	ADV
ajfa-15640	11	44	,	,	PUNCT
ajfa-15640	11	45	2004	2004	NUM
ajfa-15640	11	46	)	)	PUNCT
ajfa-15640	11	47	.	.	PUNCT
ajfa-15640	12	1	according	accord	VERB
ajfa-15640	12	2	to	to	ADP
ajfa-15640	12	3	alipour	alipour	ADJ
ajfa-15640	12	4	(	(	PUNCT
ajfa-15640	12	5	2011	2011	NUM
ajfa-15640	12	6	)	)	PUNCT
ajfa-15640	12	7	,	,	PUNCT
ajfa-15640	12	8	the	the	DET
ajfa-15640	12	9	definition	definition	NOUN
ajfa-15640	12	10	in	in	ADP
ajfa-15640	12	11	the	the	DET
ajfa-15640	12	12	literature	literature	NOUN
ajfa-15640	12	13	that	that	PRON
ajfa-15640	12	14	best	well	ADV
ajfa-15640	12	15	describes	describe	VERB
ajfa-15640	12	16	the	the	DET
ajfa-15640	12	17	effective	effective	ADJ
ajfa-15640	12	18	working	work	VERB
ajfa-15640	12	19	capital	capital	NOUN
ajfa-15640	12	20	management	management	NOUN
ajfa-15640	12	21	is	be	AUX
ajfa-15640	12	22	:	:	PUNCT
ajfa-15640	12	23	"	"	PUNCT
ajfa-15640	12	24	increasing	increase	VERB
ajfa-15640	12	25	cash	cash	NOUN
ajfa-15640	12	26	flow	flow	NOUN
ajfa-15640	12	27	speed	speed	NOUN
ajfa-15640	12	28	,	,	PUNCT
ajfa-15640	12	29	decreasing	decrease	VERB
ajfa-15640	12	30	irrecoverable	irrecoverable	ADJ
ajfa-15640	12	31	receivables	receivables	NOUN
ajfa-15640	12	32	and	and	CCONJ
ajfa-15640	12	33	decreasing	decrease	VERB
ajfa-15640	12	34	the	the	DET
ajfa-15640	12	35	costs	cost	NOUN
ajfa-15640	12	36	to	to	PART
ajfa-15640	12	37	create	create	VERB
ajfa-15640	12	38	opportunities	opportunity	NOUN
ajfa-15640	12	39	to	to	PART
ajfa-15640	12	40	maximize	maximize	VERB
ajfa-15640	12	41	the	the	DET
ajfa-15640	12	42	wealth	wealth	NOUN
ajfa-15640	12	43	"	"	PUNCT
ajfa-15640	12	44	.	.	PUNCT
ajfa-15640	13	1	according	accord	VERB
ajfa-15640	13	2	to	to	ADP
ajfa-15640	13	3	this	this	DET
ajfa-15640	13	4	definition	definition	NOUN
ajfa-15640	13	5	,	,	PUNCT
ajfa-15640	13	6	working	work	VERB
ajfa-15640	13	7	capital	capital	NOUN
ajfa-15640	13	8	management	management	NOUN
ajfa-15640	13	9	also	also	ADV
ajfa-15640	13	10	requires	require	VERB
ajfa-15640	13	11	making	make	VERB
ajfa-15640	13	12	a	a	DET
ajfa-15640	13	13	trade	trade	NOUN
ajfa-15640	13	14	-	-	PUNCT
ajfa-15640	13	15	off	off	NOUN
ajfa-15640	13	16	between	between	ADP
ajfa-15640	13	17	risk	risk	NOUN
ajfa-15640	13	18	and	and	CCONJ
ajfa-15640	13	19	return	return	NOUN
ajfa-15640	13	20	.	.	PUNCT
ajfa-15640	14	1	it	it	PRON
ajfa-15640	14	2	is	be	AUX
ajfa-15640	14	3	known	know	VERB
ajfa-15640	14	4	that	that	SCONJ
ajfa-15640	14	5	the	the	DET
ajfa-15640	14	6	nearer	near	ADJ
ajfa-15640	14	7	the	the	DET
ajfa-15640	14	8	asset	asset	NOUN
ajfa-15640	14	9	to	to	ADP
ajfa-15640	14	10	the	the	DET
ajfa-15640	14	11	cash	cash	NOUN
ajfa-15640	14	12	state	state	NOUN
ajfa-15640	14	13	the	the	PRON
ajfa-15640	14	14	lower	low	ADJ
ajfa-15640	14	15	its	its	PRON
ajfa-15640	14	16	riskiness	riskiness	NOUN
ajfa-15640	14	17	and	and	CCONJ
ajfa-15640	14	18	the	the	DET
ajfa-15640	14	19	lower	low	ADJ
ajfa-15640	14	20	its	its	PRON
ajfa-15640	14	21	expected	expect	VERB
ajfa-15640	14	22	return	return	NOUN
ajfa-15640	14	23	.	.	PUNCT
ajfa-15640	15	1	according	accord	VERB
ajfa-15640	15	2	to	to	ADP
ajfa-15640	15	3	(	(	PUNCT
ajfa-15640	15	4	trinh	trinh	PROPN
ajfa-15640	15	5	,	,	PUNCT
ajfa-15640	15	6	2011	2011	NUM
ajfa-15640	15	7	)	)	PUNCT
ajfa-15640	15	8	,	,	PUNCT
ajfa-15640	15	9	short	short	ADJ
ajfa-15640	15	10	-	-	PUNCT
ajfa-15640	15	11	term	term	NOUN
ajfa-15640	15	12	finance	finance	NOUN
ajfa-15640	15	13	is	be	AUX
ajfa-15640	15	14	related	relate	VERB
ajfa-15640	15	15	to	to	ADP
ajfa-15640	15	16	patterns	pattern	NOUN
ajfa-15640	15	17	of	of	ADP
ajfa-15640	15	18	cash	cash	NOUN
ajfa-15640	15	19	inflows	inflow	NOUN
ajfa-15640	15	20	and	and	CCONJ
ajfa-15640	15	21	outflows	outflow	NOUN
ajfa-15640	15	22	that	that	PRON
ajfa-15640	15	23	are	be	AUX
ajfa-15640	15	24	both	both	PRON
ajfa-15640	15	25	unsynchronized	unsynchronized	ADJ
ajfa-15640	15	26	and	and	CCONJ
ajfa-15640	15	27	uncertain	uncertain	ADJ
ajfa-15640	15	28	.	.	PUNCT
ajfa-15640	16	1	short	short	ADJ
ajfa-15640	16	2	-	-	PUNCT
ajfa-15640	16	3	term	term	NOUN
ajfa-15640	16	4	operating	operating	NOUN
ajfa-15640	16	5	activities	activity	NOUN
ajfa-15640	16	6	represent	represent	VERB
ajfa-15640	16	7	both	both	CCONJ
ajfa-15640	16	8	the	the	DET
ajfa-15640	16	9	operating	operate	VERB
ajfa-15640	16	10	cycle	cycle	NOUN
ajfa-15640	16	11	(	(	PUNCT
ajfa-15640	16	12	oc	oc	NOUN
ajfa-15640	16	13	)	)	PUNCT
ajfa-15640	16	14	and	and	CCONJ
ajfa-15640	16	15	a	a	DET
ajfa-15640	16	16	cash	cash	NOUN
ajfa-15640	16	17	conversion	conversion	NOUN
ajfa-15640	16	18	cycle	cycle	NOUN
ajfa-15640	16	19	(	(	PUNCT
ajfa-15640	16	20	ccc	ccc	PROPN
ajfa-15640	16	21	)	)	PUNCT
ajfa-15640	16	22	.	.	PUNCT
ajfa-15640	17	1	the	the	DET
ajfa-15640	17	2	oc	oc	NOUN
ajfa-15640	17	3	is	be	AUX
ajfa-15640	17	4	the	the	DET
ajfa-15640	17	5	interval	interval	NOUN
ajfa-15640	17	6	between	between	ADP
ajfa-15640	17	7	the	the	DET
ajfa-15640	17	8	order	order	NOUN
ajfa-15640	17	9	of	of	ADP
ajfa-15640	17	10	inventory	inventory	NOUN
ajfa-15640	17	11	stock	stock	NOUN
ajfa-15640	17	12	and	and	CCONJ
ajfa-15640	17	13	the	the	DET
ajfa-15640	17	14	date	date	NOUN
ajfa-15640	17	15	when	when	SCONJ
ajfa-15640	17	16	cash	cash	NOUN
ajfa-15640	17	17	is	be	AUX
ajfa-15640	17	18	collected	collect	VERB
ajfa-15640	17	19	from	from	ADP
ajfa-15640	17	20	receivables	receivables	NOUN
ajfa-15640	17	21	.	.	PUNCT
ajfa-15640	18	1	in	in	ADP
ajfa-15640	18	2	addition	addition	NOUN
ajfa-15640	18	3	,	,	PUNCT
ajfa-15640	18	4	the	the	DET
ajfa-15640	18	5	ccc	ccc	PROPN
ajfa-15640	18	6	begins	begin	VERB
ajfa-15640	18	7	when	when	SCONJ
ajfa-15640	18	8	the	the	DET
ajfa-15640	18	9	company	company	NOUN
ajfa-15640	18	10	pays	pay	VERB
ajfa-15640	18	11	cash	cash	NOUN
ajfa-15640	18	12	to	to	ADP
ajfa-15640	18	13	suppliers	supplier	NOUN
ajfa-15640	18	14	for	for	ADP
ajfa-15640	18	15	the	the	DET
ajfa-15640	18	16	materials	material	NOUN
ajfa-15640	18	17	purchased	purchase	VERB
ajfa-15640	18	18	and	and	CCONJ
ajfa-15640	18	19	ends	end	VERB
ajfa-15640	18	20	when	when	SCONJ
ajfa-15640	18	21	cash	cash	NOUN
ajfa-15640	18	22	is	be	AUX
ajfa-15640	18	23	collected	collect	VERB
ajfa-15640	18	24	from	from	ADP
ajfa-15640	18	25	customers	customer	NOUN
ajfa-15640	18	26	for	for	ADP
ajfa-15640	18	27	credit	credit	NOUN
ajfa-15640	18	28	sales	sale	NOUN
ajfa-15640	18	29	.	.	PUNCT
ajfa-15640	19	1	alternatively	alternatively	ADV
ajfa-15640	19	2	,	,	PUNCT
ajfa-15640	19	3	the	the	DET
ajfa-15640	19	4	ccc	ccc	PROPN
ajfa-15640	19	5	is	be	AUX
ajfa-15640	19	6	the	the	DET
ajfa-15640	19	7	sum	sum	NOUN
ajfa-15640	19	8	of	of	ADP
ajfa-15640	19	9	the	the	DET
ajfa-15640	19	10	inventory	inventory	NOUN
ajfa-15640	19	11	period	period	NOUN
ajfa-15640	19	12	(	(	PUNCT
ajfa-15640	19	13	ivp	ivp	NOUN
ajfa-15640	19	14	)	)	PUNCT
ajfa-15640	19	15	and	and	CCONJ
ajfa-15640	19	16	accounts	account	VERB
ajfa-15640	19	17	receivables	receivables	NOUN
ajfa-15640	19	18	accounts	account	NOUN
ajfa-15640	19	19	period	period	NOUN
ajfa-15640	19	20	(	(	PUNCT
ajfa-15640	19	21	rvp	rvp	NOUN
ajfa-15640	19	22	)	)	PUNCT
ajfa-15640	19	23	subtract	subtract	NOUN
ajfa-15640	19	24	accounts	account	NOUN
ajfa-15640	19	25	payable	payable	ADJ
ajfa-15640	19	26	period	period	NOUN
ajfa-15640	19	27	(	(	PUNCT
ajfa-15640	19	28	pyp	pyp	PROPN
ajfa-15640	19	29	)	)	PUNCT
ajfa-15640	19	30	as	as	SCONJ
ajfa-15640	19	31	follows	follow	VERB
ajfa-15640	19	32	:	:	PUNCT
ajfa-15640	19	33	ccc	ccc	X
ajfa-15640	19	34	=	=	PUNCT
ajfa-15640	19	35	oc	oc	ADP
ajfa-15640	19	36	pyp	pyp	PROPN
ajfa-15640	19	37	(	(	PUNCT
ajfa-15640	19	38	1	1	NUM
ajfa-15640	19	39	)	)	PUNCT
ajfa-15640	19	40	ccc	ccc	NOUN
ajfa-15640	19	41	=	=	PUNCT
ajfa-15640	19	42	(	(	PUNCT
ajfa-15640	19	43	ivp	ivp	X
ajfa-15640	19	44	+	+	SYM
ajfa-15640	19	45	rvp	rvp	PROPN
ajfa-15640	19	46	)	)	PUNCT
ajfa-15640	19	47	pyp	pyp	PROPN
ajfa-15640	19	48	(	(	PUNCT
ajfa-15640	19	49	2	2	NUM
ajfa-15640	19	50	)	)	PUNCT
ajfa-15640	19	51	cash	cash	NOUN
ajfa-15640	19	52	conversion	conversion	NOUN
ajfa-15640	19	53	cycle	cycle	NOUN
ajfa-15640	19	54	(	(	PUNCT
ajfa-15640	19	55	ccc	ccc	PROPN
ajfa-15640	19	56	)	)	PUNCT
ajfa-15640	19	57	is	be	AUX
ajfa-15640	19	58	a	a	DET
ajfa-15640	19	59	performance	performance	NOUN
ajfa-15640	19	60	indicator	indicator	NOUN
ajfa-15640	19	61	of	of	ADP
ajfa-15640	19	62	working	work	VERB
ajfa-15640	19	63	capital	capital	NOUN
ajfa-15640	19	64	management	management	NOUN
ajfa-15640	19	65	efficiency	efficiency	NOUN
ajfa-15640	19	66	,	,	PUNCT
ajfa-15640	19	67	measuring	measure	VERB
ajfa-15640	19	68	the	the	DET
ajfa-15640	19	69	number	number	NOUN
ajfa-15640	19	70	of	of	ADP
ajfa-15640	19	71	days	day	NOUN
ajfa-15640	19	72	that	that	PRON
ajfa-15640	19	73	funds	fund	NOUN
ajfa-15640	19	74	are	be	AUX
ajfa-15640	19	75	committed	commit	VERB
ajfa-15640	19	76	to	to	ADP
ajfa-15640	19	77	inventories	inventory	NOUN
ajfa-15640	19	78	and	and	CCONJ
ajfa-15640	19	79	accounts	account	VERB
ajfa-15640	19	80	receivable	receivable	ADJ
ajfa-15640	19	81	minus	minus	CCONJ
ajfa-15640	19	82	the	the	DET
ajfa-15640	19	83	number	number	NOUN
ajfa-15640	19	84	of	of	ADP
ajfa-15640	19	85	days	day	NOUN
ajfa-15640	19	86	that	that	PRON
ajfa-15640	19	87	payment	payment	NOUN
ajfa-15640	19	88	to	to	ADP
ajfa-15640	19	89	suppliers	supplier	NOUN
ajfa-15640	19	90	is	be	AUX
ajfa-15640	19	91	deferred	defer	VERB
ajfa-15640	19	92	(	(	PUNCT
ajfa-15640	19	93	gitman	gitman	NOUN
ajfa-15640	19	94	,	,	PUNCT
ajfa-15640	19	95	1974	1974	NUM
ajfa-15640	19	96	)	)	PUNCT
ajfa-15640	19	97	.	.	PUNCT
ajfa-15640	20	1	the	the	DET
ajfa-15640	20	2	objective	objective	NOUN
ajfa-15640	20	3	of	of	ADP
ajfa-15640	20	4	working	work	VERB
ajfa-15640	20	5	capital	capital	NOUN
ajfa-15640	20	6	management	management	NOUN
ajfa-15640	20	7	is	be	AUX
ajfa-15640	20	8	to	to	PART
ajfa-15640	20	9	maintain	maintain	VERB
ajfa-15640	20	10	the	the	DET
ajfa-15640	20	11	optimum	optimum	ADJ
ajfa-15640	20	12	balance	balance	NOUN
ajfa-15640	20	13	of	of	ADP
ajfa-15640	20	14	each	each	DET
ajfa-15640	20	15	receivable	receivable	NOUN
ajfa-15640	20	16	,	,	PUNCT
ajfa-15640	20	17	inventory	inventory	NOUN
ajfa-15640	20	18	and	and	CCONJ
ajfa-15640	20	19	payable	payable	ADJ
ajfa-15640	20	20	accounts	account	NOUN
ajfa-15640	20	21	that	that	PRON
ajfa-15640	20	22	influence	influence	NOUN
ajfa-15640	20	23	firm	firm	ADJ
ajfa-15640	20	24	performance	performance	NOUN
ajfa-15640	20	25	(	(	PUNCT
ajfa-15640	20	26	filbeck	filbeck	NOUN
ajfa-15640	20	27	&	&	CCONJ
ajfa-15640	20	28	krueger	krueger	PROPN
ajfa-15640	20	29	,	,	PUNCT
ajfa-15640	20	30	2005	2005	NUM
ajfa-15640	20	31	)	)	PUNCT
ajfa-15640	20	32	.	.	PUNCT
ajfa-15640	21	1	with	with	ADP
ajfa-15640	21	2	the	the	PRON
ajfa-15640	21	3	leaving	leave	VERB
ajfa-15640	21	4	other	other	ADJ
ajfa-15640	21	5	things	thing	NOUN
ajfa-15640	21	6	constant	constant	ADJ
ajfa-15640	21	7	,	,	PUNCT
ajfa-15640	21	8	level	level	NOUN
ajfa-15640	21	9	of	of	ADP
ajfa-15640	21	10	investment	investment	NOUN
ajfa-15640	21	11	in	in	ADP
ajfa-15640	21	12	current	current	ADJ
ajfa-15640	21	13	assets	asset	NOUN
ajfa-15640	21	14	has	have	VERB
ajfa-15640	21	15	a	a	DET
ajfa-15640	21	16	bearing	bearing	NOUN
ajfa-15640	21	17	on	on	ADP
ajfa-15640	21	18	the	the	DET
ajfa-15640	21	19	profitability	profitability	NOUN
ajfa-15640	21	20	of	of	ADP
ajfa-15640	21	21	the	the	DET
ajfa-15640	21	22	firm	firm	NOUN
ajfa-15640	21	23	.	.	PUNCT
ajfa-15640	22	1	excess	excess	NOUN
ajfa-15640	22	2	of	of	ADP
ajfa-15640	22	3	investment	investment	NOUN
ajfa-15640	22	4	in	in	ADP
ajfa-15640	22	5	working	work	VERB
ajfa-15640	22	6	capital	capital	NOUN
ajfa-15640	22	7	has	have	VERB
ajfa-15640	22	8	a	a	DET
ajfa-15640	22	9	negative	negative	ADJ
ajfa-15640	22	10	impact	impact	NOUN
ajfa-15640	22	11	on	on	ADP
ajfa-15640	22	12	the	the	DET
ajfa-15640	22	13	profitability	profitability	NOUN
ajfa-15640	22	14	of	of	ADP
ajfa-15640	22	15	a	a	DET
ajfa-15640	22	16	firm	firm	ADJ
ajfa-15640	22	17	and	and	CCONJ
ajfa-15640	22	18	positive	positive	ADJ
ajfa-15640	22	19	impact	impact	NOUN
ajfa-15640	22	20	on	on	ADP
ajfa-15640	22	21	the	the	DET
ajfa-15640	22	22	liquidity	liquidity	NOUN
ajfa-15640	22	23	(	(	PUNCT
ajfa-15640	22	24	van	van	PROPN
ajfa-15640	22	25	horne	horne	PROPN
ajfa-15640	22	26	&	&	CCONJ
ajfa-15640	22	27	wachowicz	wachowicz	PROPN
ajfa-15640	22	28	,	,	PUNCT
ajfa-15640	22	29	2006	2006	NUM
ajfa-15640	22	30	)	)	PUNCT
ajfa-15640	22	31	.	.	PUNCT
ajfa-15640	23	1	when	when	SCONJ
ajfa-15640	23	2	the	the	DET
ajfa-15640	23	3	ccc	ccc	PROPN
ajfa-15640	23	4	has	have	VERB
ajfa-15640	23	5	a	a	DET
ajfa-15640	23	6	positive	positive	ADJ
ajfa-15640	23	7	influence	influence	NOUN
ajfa-15640	23	8	on	on	ADP
ajfa-15640	23	9	company	company	NOUN
ajfa-15640	23	10	profitability	profitability	NOUN
ajfa-15640	23	11	due	due	ADP
ajfa-15640	23	12	to	to	ADP
ajfa-15640	23	13	a	a	DET
ajfa-15640	23	14	chain	chain	NOUN
ajfa-15640	23	15	of	of	ADP
ajfa-15640	23	16	positive	positive	ADJ
ajfa-15640	23	17	asian	asian	ADJ
ajfa-15640	23	18	journal	journal	NOUN
ajfa-15640	23	19	of	of	ADP
ajfa-15640	23	20	finance	finance	PROPN
ajfa-15640	23	21	&	&	CCONJ
ajfa-15640	23	22	accounting	accounting	PROPN
ajfa-15640	23	23	issn	issn	PROPN
ajfa-15640	23	24	1946	1946	NUM
ajfa-15640	23	25	-	-	PUNCT
ajfa-15640	23	26	052x	052x	PROPN
ajfa-15640	23	27	2019	2019	NUM
ajfa-15640	23	28	,	,	PUNCT
ajfa-15640	23	29	vol	vol	NOUN
ajfa-15640	23	30	.	.	PROPN
ajfa-15640	24	1	11	11	NUM
ajfa-15640	24	2	,	,	PUNCT
ajfa-15640	24	3	no	no	INTJ
ajfa-15640	24	4	.	.	NOUN
ajfa-15640	24	5	2	2	NUM
ajfa-15640	24	6	ajfa.macrothink.org/	ajfa.macrothink.org/	NOUN
ajfa-15640	24	7	83	83	NUM
ajfa-15640	24	8	impacts	impact	NOUN
ajfa-15640	24	9	of	of	ADP
ajfa-15640	24	10	ivp	ivp	NOUN
ajfa-15640	24	11	and	and	CCONJ
ajfa-15640	24	12	rvp	rvp	VERB
ajfa-15640	24	13	with	with	ADP
ajfa-15640	24	14	a	a	DET
ajfa-15640	24	15	negative	negative	ADJ
ajfa-15640	24	16	impact	impact	NOUN
ajfa-15640	24	17	of	of	ADP
ajfa-15640	24	18	pyp	pyp	PROPN
ajfa-15640	24	19	on	on	ADP
ajfa-15640	24	20	company	company	NOUN
ajfa-15640	24	21	profitability	profitability	NOUN
ajfa-15640	24	22	.	.	PUNCT
ajfa-15640	25	1	the	the	PRON
ajfa-15640	25	2	longer	long	ADJ
ajfa-15640	25	3	the	the	DET
ajfa-15640	25	4	ivp	ivp	NOUN
ajfa-15640	25	5	,	,	PUNCT
ajfa-15640	25	6	the	the	PRON
ajfa-15640	25	7	lower	low	ADJ
ajfa-15640	25	8	the	the	DET
ajfa-15640	25	9	cost	cost	NOUN
ajfa-15640	25	10	involved	involve	VERB
ajfa-15640	25	11	in	in	ADP
ajfa-15640	25	12	procrastinating	procrastinating	NOUN
ajfa-15640	25	13	of	of	ADP
ajfa-15640	25	14	goods	good	NOUN
ajfa-15640	25	15	and/or	and/or	CCONJ
ajfa-15640	25	16	service	service	NOUN
ajfa-15640	25	17	supply	supply	NOUN
ajfa-15640	25	18	.	.	PUNCT
ajfa-15640	26	1	in	in	ADP
ajfa-15640	26	2	the	the	DET
ajfa-15640	26	3	same	same	ADJ
ajfa-15640	26	4	time	time	NOUN
ajfa-15640	26	5	,	,	PUNCT
ajfa-15640	26	6	the	the	PRON
ajfa-15640	26	7	longer	long	ADJ
ajfa-15640	26	8	the	the	DET
ajfa-15640	26	9	rvp	rvp	NOUN
ajfa-15640	26	10	,	,	PUNCT
ajfa-15640	26	11	the	the	DET
ajfa-15640	26	12	higher	high	ADJ
ajfa-15640	26	13	credit	credit	NOUN
ajfa-15640	26	14	sales	sale	NOUN
ajfa-15640	26	15	earned	earn	VERB
ajfa-15640	26	16	.	.	PUNCT
ajfa-15640	27	1	in	in	ADP
ajfa-15640	27	2	addition	addition	NOUN
ajfa-15640	27	3	,	,	PUNCT
ajfa-15640	27	4	the	the	PRON
ajfa-15640	27	5	lower	low	ADJ
ajfa-15640	27	6	the	the	DET
ajfa-15640	27	7	pyp	pyp	PROPN
ajfa-15640	27	8	,	,	PUNCT
ajfa-15640	27	9	the	the	DET
ajfa-15640	27	10	higher	high	ADJ
ajfa-15640	27	11	reputation	reputation	NOUN
ajfa-15640	27	12	earned	earn	VERB
ajfa-15640	27	13	for	for	ADP
ajfa-15640	27	14	borrowing	borrow	VERB
ajfa-15640	27	15	opportunities	opportunity	NOUN
ajfa-15640	27	16	.	.	PUNCT
ajfa-15640	28	1	in	in	ADP
ajfa-15640	28	2	contrast	contrast	NOUN
ajfa-15640	28	3	,	,	PUNCT
ajfa-15640	28	4	shortening	shortening	NOUN
ajfa-15640	28	5	ccc	ccc	NOUN
ajfa-15640	28	6	could	could	AUX
ajfa-15640	28	7	harm	harm	VERB
ajfa-15640	28	8	the	the	DET
ajfa-15640	28	9	company	company	NOUN
ajfa-15640	28	10	profitability	profitability	NOUN
ajfa-15640	28	11	.	.	PUNCT
ajfa-15640	29	1	the	the	DET
ajfa-15640	29	2	company	company	NOUN
ajfa-15640	29	3	could	could	AUX
ajfa-15640	29	4	face	face	VERB
ajfa-15640	29	5	inventory	inventory	NOUN
ajfa-15640	29	6	shortages	shortage	NOUN
ajfa-15640	29	7	as	as	ADP
ajfa-15640	29	8	reducing	reduce	VERB
ajfa-15640	29	9	inventory	inventory	NOUN
ajfa-15640	29	10	conversion	conversion	NOUN
ajfa-15640	29	11	period	period	NOUN
ajfa-15640	29	12	,	,	PUNCT
ajfa-15640	29	13	lose	lose	VERB
ajfa-15640	29	14	good	good	ADJ
ajfa-15640	29	15	credit	credit	NOUN
ajfa-15640	29	16	customers	customer	NOUN
ajfa-15640	29	17	as	as	ADP
ajfa-15640	29	18	reducing	reduce	VERB
ajfa-15640	29	19	rvp	rvp	NOUN
ajfa-15640	29	20	,	,	PUNCT
ajfa-15640	29	21	and	and	CCONJ
ajfa-15640	29	22	hamper	hamper	VERB
ajfa-15640	29	23	its	its	PRON
ajfa-15640	29	24	credit	credit	NOUN
ajfa-15640	29	25	reputation	reputation	NOUN
ajfa-15640	29	26	as	as	ADP
ajfa-15640	29	27	lengthening	lengthen	VERB
ajfa-15640	29	28	the	the	DET
ajfa-15640	29	29	pyp	pyp	PROPN
ajfa-15640	29	30	(	(	PUNCT
ajfa-15640	29	31	trinh	trinh	PROPN
ajfa-15640	29	32	,	,	PUNCT
ajfa-15640	29	33	2011	2011	NUM
ajfa-15640	29	34	)	)	PUNCT
ajfa-15640	29	35	.	.	PUNCT
ajfa-15640	30	1	this	this	DET
ajfa-15640	30	2	logic	logic	NOUN
ajfa-15640	30	3	is	be	AUX
ajfa-15640	30	4	consistent	consistent	ADJ
ajfa-15640	30	5	with	with	ADP
ajfa-15640	30	6	the	the	DET
ajfa-15640	30	7	definition	definition	NOUN
ajfa-15640	30	8	contained	contain	VERB
ajfa-15640	30	9	of	of	ADP
ajfa-15640	30	10	working	work	VERB
ajfa-15640	30	11	capital	capital	NOUN
ajfa-15640	30	12	management	management	NOUN
ajfa-15640	30	13	.	.	PUNCT
ajfa-15640	31	1	profitability	profitability	NOUN
ajfa-15640	31	2	,	,	PUNCT
ajfa-15640	31	3	which	which	PRON
ajfa-15640	31	4	each	each	DET
ajfa-15640	31	5	firm	firm	NOUN
ajfa-15640	31	6	seeks	seek	VERB
ajfa-15640	31	7	to	to	PART
ajfa-15640	31	8	achieve	achieve	VERB
ajfa-15640	31	9	it	it	PRON
ajfa-15640	31	10	,	,	PUNCT
ajfa-15640	31	11	is	be	AUX
ajfa-15640	31	12	measured	measure	VERB
ajfa-15640	31	13	with	with	ADP
ajfa-15640	31	14	income	income	NOUN
ajfa-15640	31	15	and	and	CCONJ
ajfa-15640	31	16	expenses	expense	NOUN
ajfa-15640	31	17	.	.	PUNCT
ajfa-15640	32	1	income	income	NOUN
ajfa-15640	32	2	is	be	AUX
ajfa-15640	32	3	money	money	NOUN
ajfa-15640	32	4	from	from	ADP
ajfa-15640	32	5	the	the	DET
ajfa-15640	32	6	company	company	NOUN
ajfa-15640	32	7	's	's	PART
ajfa-15640	32	8	activities	activity	NOUN
ajfa-15640	32	9	.	.	PUNCT
ajfa-15640	33	1	however	however	ADV
ajfa-15640	33	2	,	,	PUNCT
ajfa-15640	33	3	some	some	DET
ajfa-15640	33	4	activities	activity	NOUN
ajfa-15640	33	5	like	like	ADP
ajfa-15640	33	6	borrowing	borrow	VERB
ajfa-15640	33	7	money	money	NOUN
ajfa-15640	33	8	do	do	AUX
ajfa-15640	33	9	not	not	PART
ajfa-15640	33	10	create	create	VERB
ajfa-15640	33	11	income	income	NOUN
ajfa-15640	33	12	.	.	PUNCT
ajfa-15640	34	1	in	in	ADP
ajfa-15640	34	2	contrast	contrast	NOUN
ajfa-15640	34	3	,	,	PUNCT
ajfa-15640	34	4	expenses	expense	NOUN
ajfa-15640	34	5	are	be	AUX
ajfa-15640	34	6	the	the	DET
ajfa-15640	34	7	cost	cost	NOUN
ajfa-15640	34	8	of	of	ADP
ajfa-15640	34	9	resources	resource	NOUN
ajfa-15640	34	10	used	use	VERB
ajfa-15640	34	11	up	up	ADP
ajfa-15640	34	12	or	or	CCONJ
ajfa-15640	34	13	consumed	consume	VERB
ajfa-15640	34	14	by	by	ADP
ajfa-15640	34	15	the	the	DET
ajfa-15640	34	16	activities	activity	NOUN
ajfa-15640	34	17	of	of	ADP
ajfa-15640	34	18	the	the	DET
ajfa-15640	34	19	business	business	NOUN
ajfa-15640	34	20	.	.	PUNCT
ajfa-15640	35	1	profitability	profitability	NOUN
ajfa-15640	35	2	can	can	AUX
ajfa-15640	35	3	be	be	AUX
ajfa-15640	35	4	defined	define	VERB
ajfa-15640	35	5	as	as	ADP
ajfa-15640	35	6	either	either	PRON
ajfa-15640	35	7	accounting	accounting	NOUN
ajfa-15640	35	8	profits	profit	NOUN
ajfa-15640	35	9	or	or	CCONJ
ajfa-15640	35	10	economic	economic	ADJ
ajfa-15640	35	11	profits	profit	NOUN
ajfa-15640	35	12	(	(	PUNCT
ajfa-15640	35	13	ross	ross	PROPN
ajfa-15640	35	14	et	et	PROPN
ajfa-15640	35	15	al	al	PROPN
ajfa-15640	35	16	.	.	PROPN
ajfa-15640	35	17	2010	2010	NUM
ajfa-15640	35	18	)	)	PUNCT
ajfa-15640	35	19	as	as	SCONJ
ajfa-15640	35	20	follows	follow	VERB
ajfa-15640	35	21	:	:	PUNCT
ajfa-15640	35	22	•	•	NUM
ajfa-15640	35	23	accounting	accounting	NOUN
ajfa-15640	35	24	profits	profit	NOUN
ajfa-15640	35	25	traditionally	traditionally	ADV
ajfa-15640	35	26	provide	provide	VERB
ajfa-15640	35	27	a	a	DET
ajfa-15640	35	28	clear	clear	ADJ
ajfa-15640	35	29	view	view	NOUN
ajfa-15640	35	30	of	of	ADP
ajfa-15640	35	31	the	the	DET
ajfa-15640	35	32	viability	viability	NOUN
ajfa-15640	35	33	of	of	ADP
ajfa-15640	35	34	the	the	DET
ajfa-15640	35	35	business	business	NOUN
ajfa-15640	35	36	.	.	PUNCT
ajfa-15640	36	1	although	although	SCONJ
ajfa-15640	36	2	one	one	NUM
ajfa-15640	36	3	year	year	NOUN
ajfa-15640	36	4	of	of	ADP
ajfa-15640	36	5	losses	loss	NOUN
ajfa-15640	36	6	may	may	AUX
ajfa-15640	36	7	not	not	PART
ajfa-15640	36	8	harm	harm	VERB
ajfa-15640	36	9	the	the	DET
ajfa-15640	36	10	business	business	NOUN
ajfa-15640	36	11	,	,	PUNCT
ajfa-15640	36	12	years	year	NOUN
ajfa-15640	36	13	of	of	ADP
ajfa-15640	36	14	losses	loss	NOUN
ajfa-15640	36	15	may	may	AUX
ajfa-15640	36	16	jeopardize	jeopardize	VERB
ajfa-15640	36	17	the	the	DET
ajfa-15640	36	18	viability	viability	NOUN
ajfa-15640	36	19	of	of	ADP
ajfa-15640	36	20	the	the	DET
ajfa-15640	36	21	business	business	NOUN
ajfa-15640	36	22	.	.	PUNCT
ajfa-15640	37	1	•	•	NUM
ajfa-15640	37	2	economic	economic	ADJ
ajfa-15640	37	3	profits	profit	NOUN
ajfa-15640	37	4	provide	provide	VERB
ajfa-15640	37	5	a	a	DET
ajfa-15640	37	6	long	long	ADJ
ajfa-15640	37	7	-	-	PUNCT
ajfa-15640	37	8	term	term	NOUN
ajfa-15640	37	9	view	view	NOUN
ajfa-15640	37	10	of	of	ADP
ajfa-15640	37	11	the	the	DET
ajfa-15640	37	12	business	business	NOUN
ajfa-15640	37	13	to	to	PART
ajfa-15640	37	14	examine	examine	VERB
ajfa-15640	37	15	whether	whether	SCONJ
ajfa-15640	37	16	you	you	PRON
ajfa-15640	37	17	want	want	VERB
ajfa-15640	37	18	to	to	PART
ajfa-15640	37	19	continue	continue	VERB
ajfa-15640	37	20	the	the	DET
ajfa-15640	37	21	business	business	NOUN
ajfa-15640	37	22	.	.	PUNCT
ajfa-15640	38	1	increasing	increase	VERB
ajfa-15640	38	2	profitability	profitability	NOUN
ajfa-15640	38	3	is	be	AUX
ajfa-15640	38	4	one	one	NUM
ajfa-15640	38	5	of	of	ADP
ajfa-15640	38	6	the	the	DET
ajfa-15640	38	7	most	most	ADV
ajfa-15640	38	8	important	important	ADJ
ajfa-15640	38	9	tasks	task	NOUN
ajfa-15640	38	10	of	of	ADP
ajfa-15640	38	11	business	business	NOUN
ajfa-15640	38	12	managers	manager	NOUN
ajfa-15640	38	13	to	to	PART
ajfa-15640	38	14	maximize	maximize	VERB
ajfa-15640	38	15	shareholders	shareholder	NOUN
ajfa-15640	38	16	wealth	wealth	NOUN
ajfa-15640	38	17	.	.	PUNCT
ajfa-15640	39	1	without	without	ADP
ajfa-15640	39	2	profitability	profitability	NOUN
ajfa-15640	39	3	,	,	PUNCT
ajfa-15640	39	4	the	the	DET
ajfa-15640	39	5	business	business	NOUN
ajfa-15640	39	6	will	will	AUX
ajfa-15640	39	7	not	not	PART
ajfa-15640	39	8	survive	survive	VERB
ajfa-15640	39	9	in	in	ADP
ajfa-15640	39	10	the	the	DET
ajfa-15640	39	11	end	end	NOUN
ajfa-15640	39	12	.	.	PUNCT
ajfa-15640	40	1	therefore	therefore	ADV
ajfa-15640	40	2	,	,	PUNCT
ajfa-15640	40	3	measuring	measure	VERB
ajfa-15640	40	4	current	current	ADJ
ajfa-15640	40	5	and	and	CCONJ
ajfa-15640	40	6	past	past	ADJ
ajfa-15640	40	7	profitability	profitability	NOUN
ajfa-15640	40	8	and	and	CCONJ
ajfa-15640	40	9	expecting	expect	VERB
ajfa-15640	40	10	future	future	ADJ
ajfa-15640	40	11	profitability	profitability	NOUN
ajfa-15640	40	12	is	be	AUX
ajfa-15640	40	13	very	very	ADV
ajfa-15640	40	14	important	important	ADJ
ajfa-15640	40	15	(	(	PUNCT
ajfa-15640	40	16	debi'e	debi'e	PROPN
ajfa-15640	40	17	,	,	PUNCT
ajfa-15640	40	18	2011	2011	NUM
ajfa-15640	40	19	)	)	PUNCT
ajfa-15640	40	20	.	.	PUNCT
ajfa-15640	41	1	on	on	ADP
ajfa-15640	41	2	the	the	DET
ajfa-15640	41	3	other	other	ADJ
ajfa-15640	41	4	hand	hand	NOUN
ajfa-15640	41	5	,	,	PUNCT
ajfa-15640	41	6	many	many	ADJ
ajfa-15640	41	7	economists	economist	NOUN
ajfa-15640	41	8	,	,	PUNCT
ajfa-15640	41	9	researchers	researcher	NOUN
ajfa-15640	41	10	and	and	CCONJ
ajfa-15640	41	11	managers	manager	NOUN
ajfa-15640	41	12	seek	seek	VERB
ajfa-15640	41	13	to	to	PART
ajfa-15640	41	14	examine	examine	VERB
ajfa-15640	41	15	other	other	ADJ
ajfa-15640	41	16	financial	financial	ADJ
ajfa-15640	41	17	factors	factor	NOUN
ajfa-15640	41	18	,	,	PUNCT
ajfa-15640	41	19	which	which	PRON
ajfa-15640	41	20	may	may	AUX
ajfa-15640	41	21	have	have	VERB
ajfa-15640	41	22	influence	influence	NOUN
ajfa-15640	41	23	either	either	CCONJ
ajfa-15640	41	24	positively	positively	ADV
ajfa-15640	41	25	or	or	CCONJ
ajfa-15640	41	26	negatively	negatively	ADV
ajfa-15640	41	27	on	on	ADP
ajfa-15640	41	28	firms	firm	NOUN
ajfa-15640	41	29	'	'	PART
ajfa-15640	41	30	profitability	profitability	NOUN
ajfa-15640	41	31	.	.	PUNCT
ajfa-15640	42	1	several	several	ADJ
ajfa-15640	42	2	empirical	empirical	ADJ
ajfa-15640	42	3	studies	study	NOUN
ajfa-15640	42	4	have	have	AUX
ajfa-15640	42	5	either	either	CCONJ
ajfa-15640	42	6	examined	examine	VERB
ajfa-15640	42	7	the	the	DET
ajfa-15640	42	8	relationship	relationship	NOUN
ajfa-15640	42	9	between	between	ADP
ajfa-15640	42	10	working	work	VERB
ajfa-15640	42	11	capital	capital	NOUN
ajfa-15640	42	12	management	management	NOUN
ajfa-15640	42	13	and	and	CCONJ
ajfa-15640	42	14	profitability	profitability	NOUN
ajfa-15640	42	15	as	as	ADP
ajfa-15640	42	16	a	a	DET
ajfa-15640	42	17	main	main	ADJ
ajfa-15640	42	18	independent	independent	ADJ
ajfa-15640	42	19	factor	factor	NOUN
ajfa-15640	42	20	affecting	affect	VERB
ajfa-15640	42	21	the	the	DET
ajfa-15640	42	22	profitability	profitability	NOUN
ajfa-15640	42	23	(	(	PUNCT
ajfa-15640	42	24	e.g.	e.g.	ADV
ajfa-15640	42	25	,	,	PUNCT
ajfa-15640	42	26	deloof	deloof	NOUN
ajfa-15640	42	27	,	,	PUNCT
ajfa-15640	42	28	2003	2003	NUM
ajfa-15640	42	29	)	)	PUNCT
ajfa-15640	42	30	or	or	CCONJ
ajfa-15640	42	31	have	have	AUX
ajfa-15640	42	32	studied	study	VERB
ajfa-15640	42	33	other	other	ADJ
ajfa-15640	42	34	financial	financial	ADJ
ajfa-15640	42	35	factors	factor	NOUN
ajfa-15640	42	36	that	that	PRON
ajfa-15640	42	37	showing	show	VERB
ajfa-15640	42	38	the	the	DET
ajfa-15640	42	39	impact	impact	NOUN
ajfa-15640	42	40	on	on	ADP
ajfa-15640	42	41	profitability	profitability	NOUN
ajfa-15640	42	42	(	(	PUNCT
ajfa-15640	42	43	e.g.	e.g.	ADV
ajfa-15640	42	44	,	,	PUNCT
ajfa-15640	42	45	burja	burja	ADJ
ajfa-15640	42	46	,	,	PUNCT
ajfa-15640	42	47	2011	2011	NUM
ajfa-15640	42	48	)	)	PUNCT
ajfa-15640	42	49	such	such	ADJ
ajfa-15640	42	50	as	as	ADP
ajfa-15640	42	51	:	:	PUNCT
ajfa-15640	42	52	debt	debt	NOUN
ajfa-15640	42	53	ratio	ratio	NOUN
ajfa-15640	42	54	(	(	PUNCT
ajfa-15640	42	55	lev	lev	NOUN
ajfa-15640	42	56	)	)	PUNCT
ajfa-15640	42	57	,	,	PUNCT
ajfa-15640	42	58	fixed	fix	VERB
ajfa-15640	42	59	assets	asset	NOUN
ajfa-15640	42	60	ratio	ratio	NOUN
ajfa-15640	42	61	(	(	PUNCT
ajfa-15640	42	62	far	far	ADV
ajfa-15640	42	63	)	)	PUNCT
ajfa-15640	42	64	,	,	PUNCT
ajfa-15640	42	65	expenses	expense	VERB
ajfa-15640	42	66	revenue	revenue	NOUN
ajfa-15640	42	67	ratio	ratio	NOUN
ajfa-15640	42	68	(	(	PUNCT
ajfa-15640	42	69	err	err	NOUN
ajfa-15640	42	70	)	)	PUNCT
ajfa-15640	42	71	and	and	CCONJ
ajfa-15640	42	72	firm	firm	ADJ
ajfa-15640	42	73	size	size	NOUN
ajfa-15640	42	74	(	(	PUNCT
ajfa-15640	42	75	fs	fs	NOUN
ajfa-15640	42	76	)	)	PUNCT
ajfa-15640	42	77	.	.	PUNCT
ajfa-15640	43	1	however	however	ADV
ajfa-15640	43	2	,	,	PUNCT
ajfa-15640	43	3	few	few	ADJ
ajfa-15640	43	4	empirical	empirical	ADJ
ajfa-15640	43	5	studies	study	NOUN
ajfa-15640	43	6	have	have	AUX
ajfa-15640	43	7	addressed	address	VERB
ajfa-15640	43	8	this	this	DET
ajfa-15640	43	9	relationship	relationship	NOUN
ajfa-15640	43	10	in	in	ADP
ajfa-15640	43	11	jordan	jordan	PROPN
ajfa-15640	43	12	(	(	PUNCT
ajfa-15640	43	13	debi'e	debi'e	PROPN
ajfa-15640	43	14	,	,	PUNCT
ajfa-15640	43	15	2011	2011	NUM
ajfa-15640	43	16	)	)	PUNCT
ajfa-15640	43	17	.	.	PUNCT
ajfa-15640	44	1	this	this	DET
ajfa-15640	44	2	study	study	NOUN
ajfa-15640	44	3	is	be	AUX
ajfa-15640	44	4	complementary	complementary	ADJ
ajfa-15640	44	5	to	to	ADP
ajfa-15640	44	6	prior	prior	ADJ
ajfa-15640	44	7	studies	study	NOUN
ajfa-15640	44	8	by	by	ADP
ajfa-15640	44	9	showing	show	VERB
ajfa-15640	44	10	the	the	DET
ajfa-15640	44	11	theoretical	theoretical	ADJ
ajfa-15640	44	12	aspect	aspect	NOUN
ajfa-15640	44	13	of	of	ADP
ajfa-15640	44	14	working	work	VERB
ajfa-15640	44	15	capital	capital	NOUN
ajfa-15640	44	16	management	management	NOUN
ajfa-15640	44	17	,	,	PUNCT
ajfa-15640	44	18	examining	examine	VERB
ajfa-15640	44	19	empirical	empirical	ADJ
ajfa-15640	44	20	aspect	aspect	NOUN
ajfa-15640	44	21	about	about	ADP
ajfa-15640	44	22	the	the	DET
ajfa-15640	44	23	effect	effect	NOUN
ajfa-15640	44	24	of	of	ADP
ajfa-15640	44	25	working	work	VERB
ajfa-15640	44	26	capital	capital	NOUN
ajfa-15640	44	27	management	management	NOUN
ajfa-15640	44	28	on	on	ADP
ajfa-15640	44	29	profitability	profitability	NOUN
ajfa-15640	44	30	for	for	ADP
ajfa-15640	44	31	manufacturing	manufacturing	NOUN
ajfa-15640	44	32	firms	firm	NOUN
ajfa-15640	44	33	of	of	ADP
ajfa-15640	44	34	jordan	jordan	PROPN
ajfa-15640	44	35	and	and	CCONJ
ajfa-15640	44	36	exploring	explore	VERB
ajfa-15640	44	37	other	other	ADJ
ajfa-15640	44	38	financial	financial	ADJ
ajfa-15640	44	39	factors	factor	NOUN
ajfa-15640	44	40	that	that	PRON
ajfa-15640	44	41	may	may	AUX
ajfa-15640	44	42	have	have	VERB
ajfa-15640	44	43	an	an	DET
ajfa-15640	44	44	impact	impact	NOUN
ajfa-15640	44	45	upon	upon	SCONJ
ajfa-15640	44	46	profitability	profitability	NOUN
ajfa-15640	44	47	.	.	PUNCT
ajfa-15640	45	1	according	accord	VERB
ajfa-15640	45	2	to	to	ADP
ajfa-15640	45	3	shin	shin	NOUN
ajfa-15640	45	4	and	and	CCONJ
ajfa-15640	45	5	soenen	soenen	NOUN
ajfa-15640	45	6	(	(	PUNCT
ajfa-15640	45	7	1998	1998	NUM
ajfa-15640	45	8	)	)	PUNCT
ajfa-15640	45	9	,	,	PUNCT
ajfa-15640	45	10	working	work	VERB
ajfa-15640	45	11	capital	capital	NOUN
ajfa-15640	45	12	management	management	NOUN
ajfa-15640	45	13	's	's	PART
ajfa-15640	45	14	efficiency	efficiency	NOUN
ajfa-15640	45	15	can	can	AUX
ajfa-15640	45	16	have	have	VERB
ajfa-15640	45	17	a	a	DET
ajfa-15640	45	18	significant	significant	ADJ
ajfa-15640	45	19	effect	effect	NOUN
ajfa-15640	45	20	on	on	ADP
ajfa-15640	45	21	a	a	DET
ajfa-15640	45	22	company	company	NOUN
ajfa-15640	45	23	's	's	PART
ajfa-15640	45	24	liquidity	liquidity	NOUN
ajfa-15640	45	25	and	and	CCONJ
ajfa-15640	45	26	profitability	profitability	NOUN
ajfa-15640	45	27	.	.	PUNCT
ajfa-15640	46	1	for	for	ADP
ajfa-15640	46	2	the	the	DET
ajfa-15640	46	3	liquidity	liquidity	NOUN
ajfa-15640	46	4	,	,	PUNCT
ajfa-15640	46	5	lacking	lack	VERB
ajfa-15640	46	6	working	work	VERB
ajfa-15640	46	7	capital	capital	NOUN
ajfa-15640	46	8	can	can	AUX
ajfa-15640	46	9	account	account	VERB
ajfa-15640	46	10	for	for	ADP
ajfa-15640	46	11	inefficiencies	inefficiency	NOUN
ajfa-15640	46	12	in	in	ADP
ajfa-15640	46	13	a	a	DET
ajfa-15640	46	14	company	company	NOUN
ajfa-15640	46	15	operation	operation	NOUN
ajfa-15640	46	16	when	when	SCONJ
ajfa-15640	46	17	it	it	PRON
ajfa-15640	46	18	is	be	AUX
ajfa-15640	46	19	not	not	PART
ajfa-15640	46	20	able	able	ADJ
ajfa-15640	46	21	to	to	PART
ajfa-15640	46	22	pay	pay	VERB
ajfa-15640	46	23	off	off	ADP
ajfa-15640	46	24	its	its	PRON
ajfa-15640	46	25	due	due	ADJ
ajfa-15640	46	26	obligations	obligation	NOUN
ajfa-15640	46	27	and	and	CCONJ
ajfa-15640	46	28	it	it	PRON
ajfa-15640	46	29	will	will	AUX
ajfa-15640	46	30	not	not	PART
ajfa-15640	46	31	be	be	AUX
ajfa-15640	46	32	able	able	ADJ
ajfa-15640	46	33	to	to	PART
ajfa-15640	46	34	provide	provide	VERB
ajfa-15640	46	35	goods	good	NOUN
ajfa-15640	46	36	or	or	CCONJ
ajfa-15640	46	37	services	service	NOUN
ajfa-15640	46	38	required	require	VERB
ajfa-15640	46	39	to	to	ADP
ajfa-15640	46	40	customers	customer	NOUN
ajfa-15640	46	41	due	due	ADP
ajfa-15640	46	42	to	to	ADP
ajfa-15640	46	43	a	a	DET
ajfa-15640	46	44	lack	lack	NOUN
ajfa-15640	46	45	of	of	ADP
ajfa-15640	46	46	money	money	NOUN
ajfa-15640	46	47	.	.	PUNCT
ajfa-15640	47	1	the	the	DET
ajfa-15640	47	2	company	company	NOUN
ajfa-15640	47	3	profitability	profitability	NOUN
ajfa-15640	47	4	can	can	AUX
ajfa-15640	47	5	be	be	AUX
ajfa-15640	47	6	jeopardized	jeopardize	VERB
ajfa-15640	47	7	as	as	ADP
ajfa-15640	47	8	results	result	NOUN
ajfa-15640	47	9	(	(	PUNCT
ajfa-15640	47	10	tring	tring	NOUN
ajfa-15640	47	11	,	,	PUNCT
ajfa-15640	47	12	2011	2011	NUM
ajfa-15640	47	13	)	)	PUNCT
ajfa-15640	47	14	.	.	PUNCT
ajfa-15640	48	1	sometimes	sometimes	ADV
ajfa-15640	48	2	,	,	PUNCT
ajfa-15640	48	3	the	the	DET
ajfa-15640	48	4	firms	firm	NOUN
ajfa-15640	48	5	do	do	AUX
ajfa-15640	48	6	not	not	PART
ajfa-15640	48	7	have	have	VERB
ajfa-15640	48	8	a	a	DET
ajfa-15640	48	9	clear	clear	ADJ
ajfa-15640	48	10	policy	policy	NOUN
ajfa-15640	48	11	of	of	ADP
ajfa-15640	48	12	managing	manage	VERB
ajfa-15640	48	13	their	their	PRON
ajfa-15640	48	14	working	work	VERB
ajfa-15640	48	15	capital	capital	NOUN
ajfa-15640	48	16	where	where	SCONJ
ajfa-15640	48	17	they	they	PRON
ajfa-15640	48	18	focus	focus	VERB
ajfa-15640	48	19	on	on	ADP
ajfa-15640	48	20	the	the	DET
ajfa-15640	48	21	liquidity	liquidity	NOUN
ajfa-15640	48	22	more	more	ADJ
ajfa-15640	48	23	than	than	ADP
ajfa-15640	48	24	profitability	profitability	NOUN
ajfa-15640	48	25	in	in	ADP
ajfa-15640	48	26	order	order	NOUN
ajfa-15640	48	27	to	to	PART
ajfa-15640	48	28	meet	meet	VERB
ajfa-15640	48	29	their	their	PRON
ajfa-15640	48	30	obligations	obligation	NOUN
ajfa-15640	48	31	,	,	PUNCT
ajfa-15640	48	32	especially	especially	ADV
ajfa-15640	48	33	,	,	PUNCT
ajfa-15640	48	34	they	they	PRON
ajfa-15640	48	35	asian	asian	ADJ
ajfa-15640	48	36	journal	journal	PROPN
ajfa-15640	48	37	of	of	ADP
ajfa-15640	48	38	finance	finance	PROPN
ajfa-15640	48	39	&	&	CCONJ
ajfa-15640	48	40	accounting	accounting	PROPN
ajfa-15640	48	41	issn	issn	PROPN
ajfa-15640	48	42	1946	1946	NUM
ajfa-15640	48	43	-	-	PUNCT
ajfa-15640	48	44	052x	052x	PROPN
ajfa-15640	48	45	2019	2019	NUM
ajfa-15640	48	46	,	,	PUNCT
ajfa-15640	48	47	vol	vol	NOUN
ajfa-15640	48	48	.	.	PROPN
ajfa-15640	48	49	11	11	NUM
ajfa-15640	48	50	,	,	PUNCT
ajfa-15640	48	51	no	no	INTJ
ajfa-15640	48	52	.	.	NOUN
ajfa-15640	48	53	2	2	NUM
ajfa-15640	48	54	ajfa.macrothink.org/	ajfa.macrothink.org/	NOUN
ajfa-15640	48	55	84	84	NUM
ajfa-15640	48	56	concentrate	concentrate	NOUN
ajfa-15640	48	57	on	on	ADP
ajfa-15640	48	58	reputation	reputation	NOUN
ajfa-15640	48	59	earned	earn	VERB
ajfa-15640	48	60	for	for	ADP
ajfa-15640	48	61	borrowing	borrow	VERB
ajfa-15640	48	62	opportunities	opportunity	NOUN
ajfa-15640	48	63	that	that	PRON
ajfa-15640	48	64	may	may	AUX
ajfa-15640	48	65	ensure	ensure	VERB
ajfa-15640	48	66	financing	financing	NOUN
ajfa-15640	48	67	resources	resource	NOUN
ajfa-15640	48	68	as	as	SCONJ
ajfa-15640	48	69	it	it	PRON
ajfa-15640	48	70	needed	need	VERB
ajfa-15640	48	71	.	.	PUNCT
ajfa-15640	49	1	in	in	ADP
ajfa-15640	49	2	the	the	DET
ajfa-15640	49	3	business	business	NOUN
ajfa-15640	49	4	environment	environment	NOUN
ajfa-15640	49	5	of	of	ADP
ajfa-15640	49	6	jordan	jordan	PROPN
ajfa-15640	49	7	,	,	PUNCT
ajfa-15640	49	8	it	it	PRON
ajfa-15640	49	9	may	may	AUX
ajfa-15640	49	10	notice	notice	VERB
ajfa-15640	49	11	the	the	DET
ajfa-15640	49	12	lack	lack	NOUN
ajfa-15640	49	13	of	of	ADP
ajfa-15640	49	14	financial	financial	ADJ
ajfa-15640	49	15	awareness	awareness	NOUN
ajfa-15640	49	16	and	and	CCONJ
ajfa-15640	49	17	ability	ability	NOUN
ajfa-15640	49	18	to	to	PART
ajfa-15640	49	19	build	build	VERB
ajfa-15640	49	20	a	a	DET
ajfa-15640	49	21	perspective	perspective	ADJ
ajfa-15640	49	22	strategy	strategy	NOUN
ajfa-15640	49	23	due	due	ADP
ajfa-15640	49	24	to	to	ADP
ajfa-15640	49	25	unclear	unclear	ADJ
ajfa-15640	49	26	policy	policy	NOUN
ajfa-15640	49	27	of	of	ADP
ajfa-15640	49	28	managing	manage	VERB
ajfa-15640	49	29	working	working	NOUN
ajfa-15640	49	30	capital	capital	NOUN
ajfa-15640	49	31	.	.	PUNCT
ajfa-15640	50	1	theoretically	theoretically	ADV
ajfa-15640	50	2	,	,	PUNCT
ajfa-15640	50	3	the	the	DET
ajfa-15640	50	4	variables	variable	NOUN
ajfa-15640	50	5	,	,	PUNCT
ajfa-15640	50	6	together	together	ADV
ajfa-15640	50	7	with	with	ADP
ajfa-15640	50	8	theoretical	theoretical	ADJ
ajfa-15640	50	9	their	their	PRON
ajfa-15640	50	10	predictions	prediction	NOUN
ajfa-15640	50	11	and	and	CCONJ
ajfa-15640	50	12	the	the	DET
ajfa-15640	50	13	direction	direction	NOUN
ajfa-15640	50	14	of	of	ADP
ajfa-15640	50	15	their	their	PRON
ajfa-15640	50	16	influence	influence	NOUN
ajfa-15640	50	17	,	,	PUNCT
ajfa-15640	50	18	are	be	AUX
ajfa-15640	50	19	related	relate	VERB
ajfa-15640	50	20	to	to	ADP
ajfa-15640	50	21	profitability	profitability	NOUN
ajfa-15640	50	22	.	.	PUNCT
ajfa-15640	51	1	this	this	DET
ajfa-15640	51	2	study	study	NOUN
ajfa-15640	51	3	contributes	contribute	VERB
ajfa-15640	51	4	to	to	ADP
ajfa-15640	51	5	the	the	DET
ajfa-15640	51	6	literature	literature	NOUN
ajfa-15640	51	7	on	on	ADP
ajfa-15640	51	8	the	the	DET
ajfa-15640	51	9	relationship	relationship	NOUN
ajfa-15640	51	10	between	between	ADP
ajfa-15640	51	11	the	the	DET
ajfa-15640	51	12	cash	cash	NOUN
ajfa-15640	51	13	conversion	conversion	NOUN
ajfa-15640	51	14	cycle	cycle	NOUN
ajfa-15640	51	15	(	(	PUNCT
ajfa-15640	51	16	ccc	ccc	PROPN
ajfa-15640	51	17	)	)	PUNCT
ajfa-15640	51	18	,	,	PUNCT
ajfa-15640	51	19	which	which	PRON
ajfa-15640	51	20	is	be	AUX
ajfa-15640	51	21	a	a	DET
ajfa-15640	51	22	proxy	proxy	NOUN
ajfa-15640	51	23	of	of	ADP
ajfa-15640	51	24	working	work	VERB
ajfa-15640	51	25	capital	capital	NOUN
ajfa-15640	51	26	management	management	NOUN
ajfa-15640	51	27	,	,	PUNCT
ajfa-15640	51	28	and	and	CCONJ
ajfa-15640	51	29	the	the	DET
ajfa-15640	51	30	firm	firm	NOUN
ajfa-15640	51	31	’s	’s	PART
ajfa-15640	51	32	profitability	profitability	NOUN
ajfa-15640	51	33	in	in	ADP
ajfa-15640	51	34	jordan	jordan	PROPN
ajfa-15640	51	35	by	by	ADP
ajfa-15640	51	36	determining	determine	VERB
ajfa-15640	51	37	the	the	DET
ajfa-15640	51	38	relationship	relationship	NOUN
ajfa-15640	51	39	between	between	ADP
ajfa-15640	51	40	ccc	ccc	PROPN
ajfa-15640	51	41	and	and	CCONJ
ajfa-15640	51	42	profitability	profitability	NOUN
ajfa-15640	51	43	in	in	ADP
ajfa-15640	51	44	manufacturing	manufacturing	NOUN
ajfa-15640	51	45	firms	firm	NOUN
ajfa-15640	51	46	of	of	ADP
ajfa-15640	51	47	jordan	jordan	PROPN
ajfa-15640	51	48	to	to	PART
ajfa-15640	51	49	find	find	VERB
ajfa-15640	51	50	out	out	ADP
ajfa-15640	51	51	the	the	DET
ajfa-15640	51	52	shortcomings	shortcoming	NOUN
ajfa-15640	51	53	in	in	ADP
ajfa-15640	51	54	this	this	DET
ajfa-15640	51	55	relationship	relationship	NOUN
ajfa-15640	51	56	.	.	PUNCT
ajfa-15640	52	1	accordingly	accordingly	ADV
ajfa-15640	52	2	,	,	PUNCT
ajfa-15640	52	3	the	the	DET
ajfa-15640	52	4	problem	problem	NOUN
ajfa-15640	52	5	statement	statement	NOUN
ajfa-15640	52	6	is	be	AUX
ajfa-15640	52	7	:	:	PUNCT
ajfa-15640	52	8	•	•	NUM
ajfa-15640	52	9	what	what	PRON
ajfa-15640	52	10	is	be	AUX
ajfa-15640	52	11	the	the	DET
ajfa-15640	52	12	effect	effect	NOUN
ajfa-15640	52	13	of	of	ADP
ajfa-15640	52	14	ccc	ccc	PROPN
ajfa-15640	52	15	on	on	ADP
ajfa-15640	52	16	profitability	profitability	NOUN
ajfa-15640	52	17	of	of	ADP
ajfa-15640	52	18	jordanian	jordanian	ADJ
ajfa-15640	52	19	manufacturing	manufacturing	NOUN
ajfa-15640	52	20	firms	firm	NOUN
ajfa-15640	52	21	listed	list	VERB
ajfa-15640	52	22	in	in	ADP
ajfa-15640	52	23	ase	ase	NOUN
ajfa-15640	52	24	during	during	ADP
ajfa-15640	52	25	(	(	PUNCT
ajfa-15640	52	26	2016	2016	NUM
ajfa-15640	52	27	-	-	SYM
ajfa-15640	52	28	2018	2018	NUM
ajfa-15640	52	29	)	)	PUNCT
ajfa-15640	52	30	?	?	PUNCT
ajfa-15640	53	1	after	after	ADP
ajfa-15640	53	2	achieving	achieve	VERB
ajfa-15640	53	3	the	the	DET
ajfa-15640	53	4	first	first	ADJ
ajfa-15640	53	5	objective	objective	NOUN
ajfa-15640	53	6	,	,	PUNCT
ajfa-15640	53	7	i	i	PRON
ajfa-15640	53	8	can	can	AUX
ajfa-15640	53	9	move	move	VERB
ajfa-15640	53	10	to	to	ADP
ajfa-15640	53	11	the	the	DET
ajfa-15640	53	12	second	second	ADJ
ajfa-15640	53	13	one	one	NOUN
ajfa-15640	53	14	through	through	ADP
ajfa-15640	53	15	the	the	DET
ajfa-15640	53	16	need	need	NOUN
ajfa-15640	53	17	to	to	PART
ajfa-15640	53	18	identify	identify	VERB
ajfa-15640	53	19	the	the	DET
ajfa-15640	53	20	effect	effect	NOUN
ajfa-15640	53	21	of	of	ADP
ajfa-15640	53	22	each	each	DET
ajfa-15640	53	23	component	component	NOUN
ajfa-15640	53	24	of	of	ADP
ajfa-15640	53	25	the	the	DET
ajfa-15640	53	26	cash	cash	NOUN
ajfa-15640	53	27	conversion	conversion	NOUN
ajfa-15640	53	28	cycle	cycle	NOUN
ajfa-15640	53	29	(	(	PUNCT
ajfa-15640	53	30	ccc	ccc	PROPN
ajfa-15640	53	31	)	)	PUNCT
ajfa-15640	53	32	on	on	ADP
ajfa-15640	53	33	manufacturing	manufacturing	NOUN
ajfa-15640	53	34	firms	firm	NOUN
ajfa-15640	53	35	according	accord	VERB
ajfa-15640	53	36	to	to	ADP
ajfa-15640	53	37	the	the	DET
ajfa-15640	53	38	business	business	NOUN
ajfa-15640	53	39	environment	environment	NOUN
ajfa-15640	53	40	of	of	ADP
ajfa-15640	53	41	jordan	jordan	PROPN
ajfa-15640	53	42	.	.	PUNCT
ajfa-15640	54	1	the	the	DET
ajfa-15640	54	2	problem	problem	NOUN
ajfa-15640	54	3	statement	statement	NOUN
ajfa-15640	54	4	is	be	AUX
ajfa-15640	54	5	:	:	PUNCT
ajfa-15640	54	6	•	•	NUM
ajfa-15640	54	7	what	what	PRON
ajfa-15640	54	8	is	be	AUX
ajfa-15640	54	9	the	the	DET
ajfa-15640	54	10	effect	effect	NOUN
ajfa-15640	54	11	of	of	ADP
ajfa-15640	54	12	each	each	DET
ajfa-15640	54	13	components	component	NOUN
ajfa-15640	54	14	of	of	ADP
ajfa-15640	54	15	ccc	ccc	PROPN
ajfa-15640	54	16	on	on	ADP
ajfa-15640	54	17	profitability	profitability	NOUN
ajfa-15640	54	18	of	of	ADP
ajfa-15640	54	19	jordanian	jordanian	ADJ
ajfa-15640	54	20	manufacturing	manufacturing	NOUN
ajfa-15640	54	21	firms	firm	NOUN
ajfa-15640	54	22	listed	list	VERB
ajfa-15640	54	23	in	in	ADP
ajfa-15640	54	24	ase	ase	NOUN
ajfa-15640	54	25	during	during	ADP
ajfa-15640	54	26	(	(	PUNCT
ajfa-15640	54	27	2016	2016	NUM
ajfa-15640	54	28	-	-	SYM
ajfa-15640	54	29	2018	2018	NUM
ajfa-15640	54	30	)	)	PUNCT
ajfa-15640	54	31	?	?	PUNCT
ajfa-15640	55	1	finally	finally	ADV
ajfa-15640	55	2	,	,	PUNCT
ajfa-15640	55	3	this	this	DET
ajfa-15640	55	4	study	study	NOUN
ajfa-15640	55	5	seeks	seek	VERB
ajfa-15640	55	6	to	to	PART
ajfa-15640	55	7	identify	identify	VERB
ajfa-15640	55	8	the	the	DET
ajfa-15640	55	9	effect	effect	NOUN
ajfa-15640	55	10	of	of	ADP
ajfa-15640	55	11	other	other	ADJ
ajfa-15640	55	12	financial	financial	ADJ
ajfa-15640	55	13	factors	factor	NOUN
ajfa-15640	55	14	on	on	ADP
ajfa-15640	55	15	profitability	profitability	NOUN
ajfa-15640	55	16	of	of	ADP
ajfa-15640	55	17	manufacturing	manufacturing	NOUN
ajfa-15640	55	18	firms	firm	NOUN
ajfa-15640	55	19	of	of	ADP
ajfa-15640	55	20	jordan	jordan	PROPN
ajfa-15640	55	21	.	.	PUNCT
ajfa-15640	56	1	accordingly	accordingly	ADV
ajfa-15640	56	2	,	,	PUNCT
ajfa-15640	56	3	the	the	DET
ajfa-15640	56	4	problem	problem	NOUN
ajfa-15640	56	5	statement	statement	NOUN
ajfa-15640	56	6	is	be	AUX
ajfa-15640	56	7	:	:	PUNCT
ajfa-15640	56	8	•	•	NUM
ajfa-15640	56	9	what	what	PRON
ajfa-15640	56	10	is	be	AUX
ajfa-15640	56	11	the	the	DET
ajfa-15640	56	12	effect	effect	NOUN
ajfa-15640	56	13	of	of	ADP
ajfa-15640	56	14	other	other	ADJ
ajfa-15640	56	15	financial	financial	ADJ
ajfa-15640	56	16	factors	factor	NOUN
ajfa-15640	56	17	on	on	ADP
ajfa-15640	56	18	profitability	profitability	NOUN
ajfa-15640	56	19	of	of	ADP
ajfa-15640	56	20	jordanian	jordanian	ADJ
ajfa-15640	56	21	manufacturing	manufacturing	NOUN
ajfa-15640	56	22	firms	firm	NOUN
ajfa-15640	56	23	listed	list	VERB
ajfa-15640	56	24	in	in	ADP
ajfa-15640	56	25	ase	ase	NOUN
ajfa-15640	56	26	during	during	ADP
ajfa-15640	56	27	(	(	PUNCT
ajfa-15640	56	28	2016	2016	NUM
ajfa-15640	56	29	-	-	SYM
ajfa-15640	56	30	2018	2018	NUM
ajfa-15640	56	31	)	)	PUNCT
ajfa-15640	56	32	?	?	PUNCT
ajfa-15640	57	1	the	the	DET
ajfa-15640	57	2	importance	importance	NOUN
ajfa-15640	57	3	of	of	ADP
ajfa-15640	57	4	this	this	DET
ajfa-15640	57	5	study	study	NOUN
ajfa-15640	57	6	lies	lie	VERB
ajfa-15640	57	7	in	in	ADP
ajfa-15640	57	8	the	the	DET
ajfa-15640	57	9	knowledge	knowledge	NOUN
ajfa-15640	57	10	of	of	ADP
ajfa-15640	57	11	the	the	DET
ajfa-15640	57	12	relationship	relationship	NOUN
ajfa-15640	57	13	between	between	ADP
ajfa-15640	57	14	working	work	VERB
ajfa-15640	57	15	capital	capital	NOUN
ajfa-15640	57	16	management	management	NOUN
ajfa-15640	57	17	and	and	CCONJ
ajfa-15640	57	18	profitability	profitability	NOUN
ajfa-15640	57	19	for	for	ADP
ajfa-15640	57	20	manufacturing	manufacturing	NOUN
ajfa-15640	57	21	firms	firm	NOUN
ajfa-15640	57	22	of	of	ADP
ajfa-15640	57	23	jordan	jordan	PROPN
ajfa-15640	57	24	and	and	CCONJ
ajfa-15640	57	25	identifies	identify	VERB
ajfa-15640	57	26	the	the	DET
ajfa-15640	57	27	role	role	NOUN
ajfa-15640	57	28	of	of	ADP
ajfa-15640	57	29	other	other	ADJ
ajfa-15640	57	30	financial	financial	ADJ
ajfa-15640	57	31	factors	factor	NOUN
ajfa-15640	57	32	influencing	influence	VERB
ajfa-15640	57	33	profitability	profitability	NOUN
ajfa-15640	57	34	.	.	PUNCT
ajfa-15640	58	1	the	the	DET
ajfa-15640	58	2	manufacturing	manufacturing	NOUN
ajfa-15640	58	3	sector	sector	NOUN
ajfa-15640	58	4	has	have	AUX
ajfa-15640	58	5	been	be	AUX
ajfa-15640	58	6	selected	select	VERB
ajfa-15640	58	7	because	because	SCONJ
ajfa-15640	58	8	,	,	PUNCT
ajfa-15640	58	9	for	for	ADP
ajfa-15640	58	10	one	one	NUM
ajfa-15640	58	11	thing	thing	NOUN
ajfa-15640	58	12	,	,	PUNCT
ajfa-15640	58	13	the	the	DET
ajfa-15640	58	14	current	current	ADJ
ajfa-15640	58	15	assets	asset	NOUN
ajfa-15640	58	16	of	of	ADP
ajfa-15640	58	17	the	the	DET
ajfa-15640	58	18	manufacturing	manufacturing	NOUN
ajfa-15640	58	19	firms	firm	NOUN
ajfa-15640	58	20	are	be	AUX
ajfa-15640	58	21	over	over	ADP
ajfa-15640	58	22	half	half	NOUN
ajfa-15640	58	23	of	of	ADP
ajfa-15640	58	24	its	its	PRON
ajfa-15640	58	25	total	total	ADJ
ajfa-15640	58	26	assets	asset	NOUN
ajfa-15640	58	27	.	.	PUNCT
ajfa-15640	59	1	therefore	therefore	ADV
ajfa-15640	59	2	,	,	PUNCT
ajfa-15640	59	3	the	the	DET
ajfa-15640	59	4	influential	influential	ADJ
ajfa-15640	59	5	role	role	NOUN
ajfa-15640	59	6	of	of	ADP
ajfa-15640	59	7	working	work	VERB
ajfa-15640	59	8	capital	capital	NOUN
ajfa-15640	59	9	management	management	NOUN
ajfa-15640	59	10	will	will	AUX
ajfa-15640	59	11	be	be	AUX
ajfa-15640	59	12	clearer	clear	ADJ
ajfa-15640	59	13	on	on	ADP
ajfa-15640	59	14	firm	firm	ADJ
ajfa-15640	59	15	profitability	profitability	NOUN
ajfa-15640	59	16	.	.	PUNCT
ajfa-15640	60	1	for	for	ADP
ajfa-15640	60	2	this	this	DET
ajfa-15640	60	3	reason	reason	NOUN
ajfa-15640	60	4	,	,	PUNCT
ajfa-15640	60	5	i	i	PRON
ajfa-15640	60	6	have	have	AUX
ajfa-15640	60	7	excluded	exclude	VERB
ajfa-15640	60	8	both	both	PRON
ajfa-15640	60	9	service	service	NOUN
ajfa-15640	60	10	and	and	CCONJ
ajfa-15640	60	11	financial	financial	ADJ
ajfa-15640	60	12	sectors	sector	NOUN
ajfa-15640	60	13	because	because	SCONJ
ajfa-15640	60	14	working	work	VERB
ajfa-15640	60	15	capital	capital	NOUN
ajfa-15640	60	16	management	management	NOUN
ajfa-15640	60	17	does	do	AUX
ajfa-15640	60	18	not	not	PART
ajfa-15640	60	19	have	have	VERB
ajfa-15640	60	20	a	a	DET
ajfa-15640	60	21	large	large	ADJ
ajfa-15640	60	22	proportion	proportion	NOUN
ajfa-15640	60	23	of	of	ADP
ajfa-15640	60	24	total	total	ADJ
ajfa-15640	60	25	assets	asset	NOUN
ajfa-15640	60	26	that	that	PRON
ajfa-15640	60	27	could	could	AUX
ajfa-15640	60	28	affect	affect	VERB
ajfa-15640	60	29	profitability	profitability	NOUN
ajfa-15640	60	30	explicitly	explicitly	ADV
ajfa-15640	60	31	.	.	PUNCT
ajfa-15640	61	1	i	i	PRON
ajfa-15640	61	2	can	can	AUX
ajfa-15640	61	3	define	define	VERB
ajfa-15640	61	4	the	the	DET
ajfa-15640	61	5	research	research	NOUN
ajfa-15640	61	6	objectives	objective	NOUN
ajfa-15640	61	7	through	through	ADP
ajfa-15640	61	8	these	these	DET
ajfa-15640	61	9	main	main	ADJ
ajfa-15640	61	10	points	point	NOUN
ajfa-15640	61	11	as	as	ADP
ajfa-15640	61	12	following	follow	VERB
ajfa-15640	61	13	:	:	PUNCT
ajfa-15640	61	14	•	•	ADP
ajfa-15640	61	15	to	to	PART
ajfa-15640	61	16	examine	examine	VERB
ajfa-15640	61	17	the	the	DET
ajfa-15640	61	18	effect	effect	NOUN
ajfa-15640	61	19	of	of	ADP
ajfa-15640	61	20	the	the	DET
ajfa-15640	61	21	cash	cash	NOUN
ajfa-15640	61	22	conversion	conversion	NOUN
ajfa-15640	61	23	cycle	cycle	NOUN
ajfa-15640	61	24	(	(	PUNCT
ajfa-15640	61	25	ccc	ccc	PROPN
ajfa-15640	61	26	)	)	PUNCT
ajfa-15640	61	27	on	on	ADP
ajfa-15640	61	28	profitability	profitability	NOUN
ajfa-15640	61	29	for	for	ADP
ajfa-15640	61	30	jordanian	jordanian	ADJ
ajfa-15640	61	31	manufacturing	manufacturing	NOUN
ajfa-15640	61	32	firms	firm	NOUN
ajfa-15640	61	33	.	.	PUNCT
ajfa-15640	62	1	•	•	NUM
ajfa-15640	62	2	to	to	PART
ajfa-15640	62	3	examine	examine	VERB
ajfa-15640	62	4	the	the	DET
ajfa-15640	62	5	effect	effect	NOUN
ajfa-15640	62	6	of	of	ADP
ajfa-15640	62	7	working	work	VERB
ajfa-15640	62	8	capital	capital	NOUN
ajfa-15640	62	9	management	management	NOUN
ajfa-15640	62	10	components	component	NOUN
ajfa-15640	62	11	on	on	ADP
ajfa-15640	62	12	profitability	profitability	NOUN
ajfa-15640	62	13	for	for	ADP
ajfa-15640	62	14	jordanian	jordanian	ADJ
ajfa-15640	62	15	manufacturing	manufacturing	NOUN
ajfa-15640	62	16	firms	firm	NOUN
ajfa-15640	62	17	.	.	PUNCT
ajfa-15640	63	1	•	•	NUM
ajfa-15640	63	2	to	to	PART
ajfa-15640	63	3	examine	examine	VERB
ajfa-15640	63	4	the	the	DET
ajfa-15640	63	5	effect	effect	NOUN
ajfa-15640	63	6	of	of	ADP
ajfa-15640	63	7	other	other	ADJ
ajfa-15640	63	8	financial	financial	ADJ
ajfa-15640	63	9	factors	factor	NOUN
ajfa-15640	63	10	on	on	ADP
ajfa-15640	63	11	profitability	profitability	NOUN
ajfa-15640	63	12	for	for	ADP
ajfa-15640	63	13	jordanian	jordanian	ADJ
ajfa-15640	63	14	manufacturing	manufacturing	NOUN
ajfa-15640	63	15	firms	firm	NOUN
ajfa-15640	63	16	.	.	PUNCT
ajfa-15640	64	1	asian	asian	ADJ
ajfa-15640	64	2	journal	journal	PROPN
ajfa-15640	64	3	of	of	ADP
ajfa-15640	64	4	finance	finance	PROPN
ajfa-15640	64	5	&	&	CCONJ
ajfa-15640	64	6	accounting	accounting	PROPN
ajfa-15640	64	7	issn	issn	PROPN
ajfa-15640	64	8	1946	1946	NUM
ajfa-15640	64	9	-	-	PUNCT
ajfa-15640	64	10	052x	052x	PROPN
ajfa-15640	64	11	2019	2019	NUM
ajfa-15640	64	12	,	,	PUNCT
ajfa-15640	64	13	vol	vol	NOUN
ajfa-15640	64	14	.	.	PROPN
ajfa-15640	64	15	11	11	NUM
ajfa-15640	64	16	,	,	PUNCT
ajfa-15640	64	17	no	no	INTJ
ajfa-15640	64	18	.	.	NOUN
ajfa-15640	64	19	2	2	NUM
ajfa-15640	64	20	ajfa.macrothink.org/	ajfa.macrothink.org/	NOUN
ajfa-15640	64	21	85	85	NUM
ajfa-15640	64	22	this	this	DET
ajfa-15640	64	23	study	study	NOUN
ajfa-15640	64	24	is	be	AUX
ajfa-15640	64	25	motivated	motivate	VERB
ajfa-15640	64	26	by	by	ADP
ajfa-15640	64	27	the	the	DET
ajfa-15640	64	28	fact	fact	NOUN
ajfa-15640	64	29	working	work	VERB
ajfa-15640	64	30	capital	capital	NOUN
ajfa-15640	64	31	management	management	NOUN
ajfa-15640	64	32	is	be	AUX
ajfa-15640	64	33	very	very	ADV
ajfa-15640	64	34	important	important	ADJ
ajfa-15640	64	35	part	part	NOUN
ajfa-15640	64	36	of	of	ADP
ajfa-15640	64	37	firm	firm	NOUN
ajfa-15640	64	38	's	's	PART
ajfa-15640	64	39	annual	annual	ADJ
ajfa-15640	64	40	financial	financial	ADJ
ajfa-15640	64	41	statement	statement	NOUN
ajfa-15640	64	42	and	and	CCONJ
ajfa-15640	64	43	of	of	ADP
ajfa-15640	64	44	significant	significant	ADJ
ajfa-15640	64	45	important	important	ADJ
ajfa-15640	64	46	to	to	ADP
ajfa-15640	64	47	investors	investor	NOUN
ajfa-15640	64	48	,	,	PUNCT
ajfa-15640	64	49	creditors	creditor	NOUN
ajfa-15640	64	50	and	and	CCONJ
ajfa-15640	64	51	other	other	ADJ
ajfa-15640	64	52	users	user	NOUN
ajfa-15640	64	53	of	of	ADP
ajfa-15640	64	54	financial	financial	ADJ
ajfa-15640	64	55	statements	statement	NOUN
ajfa-15640	64	56	.	.	PUNCT
ajfa-15640	65	1	most	most	ADJ
ajfa-15640	65	2	prior	prior	ADJ
ajfa-15640	65	3	related	related	ADJ
ajfa-15640	65	4	studies	study	NOUN
ajfa-15640	65	5	were	be	AUX
ajfa-15640	65	6	carried	carry	VERB
ajfa-15640	65	7	in	in	ADP
ajfa-15640	65	8	developed	develop	VERB
ajfa-15640	65	9	economies	economy	NOUN
ajfa-15640	65	10	.	.	PUNCT
ajfa-15640	66	1	this	this	DET
ajfa-15640	66	2	study	study	NOUN
ajfa-15640	66	3	shows	show	VERB
ajfa-15640	66	4	the	the	DET
ajfa-15640	66	5	theoretical	theoretical	ADJ
ajfa-15640	66	6	aspect	aspect	NOUN
ajfa-15640	66	7	of	of	ADP
ajfa-15640	66	8	working	work	VERB
ajfa-15640	66	9	capital	capital	NOUN
ajfa-15640	66	10	management	management	NOUN
ajfa-15640	66	11	examines	examine	NOUN
ajfa-15640	66	12	empirically	empirically	ADV
ajfa-15640	66	13	the	the	DET
ajfa-15640	66	14	effectiveness	effectiveness	NOUN
ajfa-15640	66	15	of	of	ADP
ajfa-15640	66	16	working	work	VERB
ajfa-15640	66	17	capital	capital	NOUN
ajfa-15640	66	18	management	management	NOUN
ajfa-15640	66	19	on	on	ADP
ajfa-15640	66	20	profitability	profitability	NOUN
ajfa-15640	66	21	for	for	ADP
ajfa-15640	66	22	manufacturing	manufacturing	NOUN
ajfa-15640	66	23	firms	firm	NOUN
ajfa-15640	66	24	of	of	ADP
ajfa-15640	66	25	jordan	jordan	PROPN
ajfa-15640	66	26	and	and	CCONJ
ajfa-15640	66	27	finds	find	VERB
ajfa-15640	66	28	out	out	ADP
ajfa-15640	66	29	other	other	ADJ
ajfa-15640	66	30	financial	financial	ADJ
ajfa-15640	66	31	factors	factor	NOUN
ajfa-15640	66	32	that	that	PRON
ajfa-15640	66	33	have	have	VERB
ajfa-15640	66	34	an	an	DET
ajfa-15640	66	35	impact	impact	NOUN
ajfa-15640	66	36	upon	upon	SCONJ
ajfa-15640	66	37	profitability	profitability	NOUN
ajfa-15640	66	38	.	.	PUNCT
ajfa-15640	67	1	however	however	ADV
ajfa-15640	67	2	,	,	PUNCT
ajfa-15640	67	3	i	i	PRON
ajfa-15640	67	4	should	should	AUX
ajfa-15640	67	5	look	look	VERB
ajfa-15640	67	6	at	at	ADP
ajfa-15640	67	7	another	another	DET
ajfa-15640	67	8	side	side	NOUN
ajfa-15640	67	9	including	include	VERB
ajfa-15640	67	10	the	the	DET
ajfa-15640	67	11	empirical	empirical	ADJ
ajfa-15640	67	12	studies	study	NOUN
ajfa-15640	67	13	related	relate	VERB
ajfa-15640	67	14	to	to	ADP
ajfa-15640	67	15	the	the	DET
ajfa-15640	67	16	research	research	NOUN
ajfa-15640	67	17	issue	issue	NOUN
ajfa-15640	67	18	to	to	PART
ajfa-15640	67	19	see	see	VERB
ajfa-15640	67	20	how	how	SCONJ
ajfa-15640	67	21	each	each	DET
ajfa-15640	67	22	match	match	NOUN
ajfa-15640	67	23	of	of	ADP
ajfa-15640	67	24	the	the	DET
ajfa-15640	67	25	theoretical	theoretical	ADJ
ajfa-15640	67	26	and	and	CCONJ
ajfa-15640	67	27	empirical	empirical	ADJ
ajfa-15640	67	28	sides	side	NOUN
ajfa-15640	67	29	in	in	ADP
ajfa-15640	67	30	jordanian	jordanian	ADJ
ajfa-15640	67	31	environment	environment	NOUN
ajfa-15640	67	32	.	.	PUNCT
ajfa-15640	68	1	2	2	X
ajfa-15640	68	2	.	.	X
ajfa-15640	68	3	literature	literature	PROPN
ajfa-15640	68	4	review	review	PROPN
ajfa-15640	68	5	&	&	CCONJ
ajfa-15640	68	6	previous	previous	ADJ
ajfa-15640	68	7	studies	study	NOUN
ajfa-15640	68	8	paul	paul	PROPN
ajfa-15640	68	9	and	and	CCONJ
ajfa-15640	68	10	mitra	mitra	PROPN
ajfa-15640	68	11	(	(	PUNCT
ajfa-15640	68	12	2018	2018	NUM
ajfa-15640	68	13	)	)	PUNCT
ajfa-15640	68	14	examined	examine	VERB
ajfa-15640	68	15	the	the	DET
ajfa-15640	68	16	impact	impact	NOUN
ajfa-15640	68	17	of	of	ADP
ajfa-15640	68	18	working	work	VERB
ajfa-15640	68	19	capital	capital	NOUN
ajfa-15640	68	20	management	management	NOUN
ajfa-15640	68	21	on	on	ADP
ajfa-15640	68	22	the	the	DET
ajfa-15640	68	23	profitability	profitability	NOUN
ajfa-15640	68	24	of	of	ADP
ajfa-15640	68	25	the	the	DET
ajfa-15640	68	26	firms	firm	NOUN
ajfa-15640	68	27	of	of	ADP
ajfa-15640	68	28	the	the	DET
ajfa-15640	68	29	indian	indian	ADJ
ajfa-15640	68	30	steel	steel	NOUN
ajfa-15640	68	31	industry	industry	NOUN
ajfa-15640	68	32	.	.	PUNCT
ajfa-15640	69	1	the	the	DET
ajfa-15640	69	2	result	result	NOUN
ajfa-15640	69	3	of	of	ADP
ajfa-15640	69	4	the	the	DET
ajfa-15640	69	5	study	study	NOUN
ajfa-15640	69	6	indicates	indicate	VERB
ajfa-15640	69	7	that	that	SCONJ
ajfa-15640	69	8	the	the	DET
ajfa-15640	69	9	impact	impact	NOUN
ajfa-15640	69	10	of	of	ADP
ajfa-15640	69	11	working	work	VERB
ajfa-15640	69	12	capital	capital	NOUN
ajfa-15640	69	13	management	management	NOUN
ajfa-15640	69	14	on	on	ADP
ajfa-15640	69	15	the	the	DET
ajfa-15640	69	16	profitability	profitability	NOUN
ajfa-15640	69	17	of	of	ADP
ajfa-15640	69	18	the	the	DET
ajfa-15640	69	19	firms	firm	NOUN
ajfa-15640	69	20	of	of	ADP
ajfa-15640	69	21	the	the	DET
ajfa-15640	69	22	indian	indian	ADJ
ajfa-15640	69	23	steel	steel	NOUN
ajfa-15640	69	24	industry	industry	NOUN
ajfa-15640	69	25	has	have	AUX
ajfa-15640	69	26	been	be	AUX
ajfa-15640	69	27	significant	significant	ADJ
ajfa-15640	69	28	.	.	PUNCT
ajfa-15640	70	1	boțoc	boțoc	PROPN
ajfa-15640	70	2	and	and	CCONJ
ajfa-15640	70	3	anton	anton	PROPN
ajfa-15640	70	4	(	(	PUNCT
ajfa-15640	70	5	2017	2017	NUM
ajfa-15640	70	6	)	)	PUNCT
ajfa-15640	70	7	examined	examine	VERB
ajfa-15640	70	8	the	the	DET
ajfa-15640	70	9	relationship	relationship	NOUN
ajfa-15640	70	10	between	between	ADP
ajfa-15640	70	11	working	work	VERB
ajfa-15640	70	12	capital	capital	NOUN
ajfa-15640	70	13	management	management	NOUN
ajfa-15640	70	14	and	and	CCONJ
ajfa-15640	70	15	firm	firm	ADJ
ajfa-15640	70	16	profitability	profitability	NOUN
ajfa-15640	70	17	.	.	PUNCT
ajfa-15640	71	1	the	the	DET
ajfa-15640	71	2	findings	finding	NOUN
ajfa-15640	71	3	indicate	indicate	VERB
ajfa-15640	71	4	that	that	SCONJ
ajfa-15640	71	5	the	the	DET
ajfa-15640	71	6	firms	firm	NOUN
ajfa-15640	71	7	should	should	AUX
ajfa-15640	71	8	maintain	maintain	VERB
ajfa-15640	71	9	the	the	DET
ajfa-15640	71	10	optimal	optimal	ADJ
ajfa-15640	71	11	working	work	VERB
ajfa-15640	71	12	capital	capital	NOUN
ajfa-15640	71	13	level	level	NOUN
ajfa-15640	71	14	that	that	PRON
ajfa-15640	71	15	maximizes	maximize	VERB
ajfa-15640	71	16	their	their	PRON
ajfa-15640	71	17	profitability	profitability	NOUN
ajfa-15640	71	18	.	.	PUNCT
ajfa-15640	72	1	bhatia	bhatia	PROPN
ajfa-15640	72	2	and	and	CCONJ
ajfa-15640	72	3	srivastava	srivastava	PROPN
ajfa-15640	72	4	(	(	PUNCT
ajfa-15640	72	5	2016	2016	NUM
ajfa-15640	72	6	)	)	PUNCT
ajfa-15640	72	7	investigated	investigate	VERB
ajfa-15640	72	8	the	the	DET
ajfa-15640	72	9	relationship	relationship	NOUN
ajfa-15640	72	10	between	between	ADP
ajfa-15640	72	11	working	work	VERB
ajfa-15640	72	12	capital	capital	NOUN
ajfa-15640	72	13	management	management	NOUN
ajfa-15640	72	14	and	and	CCONJ
ajfa-15640	72	15	firm	firm	ADJ
ajfa-15640	72	16	performance	performance	NOUN
ajfa-15640	72	17	in	in	ADP
ajfa-15640	72	18	an	an	DET
ajfa-15640	72	19	emerging	emerge	VERB
ajfa-15640	72	20	market	market	NOUN
ajfa-15640	72	21	in	in	ADP
ajfa-15640	72	22	india	india	PROPN
ajfa-15640	72	23	.	.	PUNCT
ajfa-15640	73	1	they	they	PRON
ajfa-15640	73	2	observed	observe	VERB
ajfa-15640	73	3	a	a	DET
ajfa-15640	73	4	negative	negative	ADJ
ajfa-15640	73	5	association	association	NOUN
ajfa-15640	73	6	between	between	ADP
ajfa-15640	73	7	working	work	VERB
ajfa-15640	73	8	capital	capital	NOUN
ajfa-15640	73	9	management	management	NOUN
ajfa-15640	73	10	and	and	CCONJ
ajfa-15640	73	11	firm	firm	ADJ
ajfa-15640	73	12	profitability	profitability	NOUN
ajfa-15640	73	13	,	,	PUNCT
ajfa-15640	73	14	indicating	indicate	VERB
ajfa-15640	73	15	the	the	DET
ajfa-15640	73	16	need	need	NOUN
ajfa-15640	73	17	to	to	PART
ajfa-15640	73	18	manage	manage	VERB
ajfa-15640	73	19	working	work	VERB
ajfa-15640	73	20	capital	capital	NOUN
ajfa-15640	73	21	efficiently	efficiently	ADV
ajfa-15640	73	22	in	in	ADP
ajfa-15640	73	23	order	order	NOUN
ajfa-15640	73	24	to	to	PART
ajfa-15640	73	25	improve	improve	VERB
ajfa-15640	73	26	profitability	profitability	NOUN
ajfa-15640	73	27	.	.	PUNCT
ajfa-15640	74	1	nasreen	nasreen	VERB
ajfa-15640	74	2	et	et	PROPN
ajfa-15640	74	3	al	al	PROPN
ajfa-15640	74	4	.	.	PROPN
ajfa-15640	75	1	(	(	PUNCT
ajfa-15640	75	2	2014	2014	NUM
ajfa-15640	75	3	)	)	PUNCT
ajfa-15640	75	4	pointed	point	VERB
ajfa-15640	75	5	out	out	ADP
ajfa-15640	75	6	a	a	DET
ajfa-15640	75	7	significant	significant	ADJ
ajfa-15640	75	8	impact	impact	NOUN
ajfa-15640	75	9	between	between	ADP
ajfa-15640	75	10	working	work	VERB
ajfa-15640	75	11	capital	capital	NOUN
ajfa-15640	75	12	management	management	NOUN
ajfa-15640	75	13	and	and	CCONJ
ajfa-15640	75	14	profitability	profitability	NOUN
ajfa-15640	75	15	of	of	ADP
ajfa-15640	75	16	firms	firm	NOUN
ajfa-15640	75	17	in	in	ADP
ajfa-15640	75	18	pakistan	pakistan	PROPN
ajfa-15640	75	19	.	.	PUNCT
ajfa-15640	76	1	makori	makori	PROPN
ajfa-15640	76	2	,	,	PUNCT
ajfa-15640	76	3	d.	d.	PROPN
ajfa-15640	76	4	&	&	CCONJ
ajfa-15640	76	5	jagongo	jagongo	PROPN
ajfa-15640	76	6	(	(	PUNCT
ajfa-15640	76	7	2013	2013	NUM
ajfa-15640	76	8	)	)	PUNCT
ajfa-15640	76	9	indicated	indicate	VERB
ajfa-15640	76	10	a	a	DET
ajfa-15640	76	11	negative	negative	ADJ
ajfa-15640	76	12	association	association	NOUN
ajfa-15640	76	13	between	between	ADP
ajfa-15640	76	14	profitability	profitability	NOUN
ajfa-15640	76	15	and	and	CCONJ
ajfa-15640	76	16	number	number	NOUN
ajfa-15640	76	17	of	of	ADP
ajfa-15640	76	18	day	day	NOUN
ajfa-15640	76	19	’s	’s	PART
ajfa-15640	76	20	accounts	account	NOUN
ajfa-15640	76	21	receivable	receivable	ADJ
ajfa-15640	76	22	and	and	CCONJ
ajfa-15640	76	23	cash	cash	NOUN
ajfa-15640	76	24	conversion	conversion	NOUN
ajfa-15640	76	25	cycle	cycle	NOUN
ajfa-15640	76	26	.	.	PUNCT
ajfa-15640	77	1	in	in	ADP
ajfa-15640	77	2	contrast	contrast	NOUN
ajfa-15640	77	3	,	,	PUNCT
ajfa-15640	77	4	there	there	PRON
ajfa-15640	77	5	is	be	VERB
ajfa-15640	77	6	a	a	DET
ajfa-15640	77	7	positive	positive	ADJ
ajfa-15640	77	8	association	association	NOUN
ajfa-15640	77	9	between	between	ADP
ajfa-15640	77	10	profitability	profitability	NOUN
ajfa-15640	77	11	and	and	CCONJ
ajfa-15640	77	12	number	number	NOUN
ajfa-15640	77	13	of	of	ADP
ajfa-15640	77	14	days	day	NOUN
ajfa-15640	77	15	of	of	ADP
ajfa-15640	77	16	inventory	inventory	NOUN
ajfa-15640	77	17	and	and	CCONJ
ajfa-15640	77	18	number	number	NOUN
ajfa-15640	77	19	of	of	ADP
ajfa-15640	77	20	day	day	NOUN
ajfa-15640	77	21	’s	’s	PART
ajfa-15640	77	22	payable	payable	NOUN
ajfa-15640	77	23	.	.	PUNCT
ajfa-15640	78	1	tufail	tufail	NOUN
ajfa-15640	78	2	(	(	PUNCT
ajfa-15640	78	3	2013	2013	NUM
ajfa-15640	78	4	)	)	PUNCT
ajfa-15640	78	5	investigated	investigate	VERB
ajfa-15640	78	6	the	the	DET
ajfa-15640	78	7	impact	impact	NOUN
ajfa-15640	78	8	of	of	ADP
ajfa-15640	78	9	working	work	VERB
ajfa-15640	78	10	capital	capital	NOUN
ajfa-15640	78	11	policies	policy	NOUN
ajfa-15640	78	12	on	on	ADP
ajfa-15640	78	13	profitability	profitability	NOUN
ajfa-15640	78	14	.	.	PUNCT
ajfa-15640	79	1	findings	finding	NOUN
ajfa-15640	79	2	are	be	AUX
ajfa-15640	79	3	that	that	DET
ajfa-15640	79	4	aggressiveness	aggressiveness	NOUN
ajfa-15640	79	5	of	of	ADP
ajfa-15640	79	6	working	work	VERB
ajfa-15640	79	7	capital	capital	NOUN
ajfa-15640	79	8	management	management	NOUN
ajfa-15640	79	9	policies	policy	NOUN
ajfa-15640	79	10	is	be	AUX
ajfa-15640	79	11	negatively	negatively	ADV
ajfa-15640	79	12	associated	associate	VERB
ajfa-15640	79	13	with	with	ADP
ajfa-15640	79	14	profitability	profitability	NOUN
ajfa-15640	79	15	.	.	PUNCT
ajfa-15640	80	1	moreover	moreover	ADV
ajfa-15640	80	2	,	,	PUNCT
ajfa-15640	80	3	liquidity	liquidity	NOUN
ajfa-15640	80	4	and	and	CCONJ
ajfa-15640	80	5	size	size	NOUN
ajfa-15640	80	6	of	of	ADP
ajfa-15640	80	7	the	the	DET
ajfa-15640	80	8	firm	firm	NOUN
ajfa-15640	80	9	have	have	VERB
ajfa-15640	80	10	positive	positive	ADJ
ajfa-15640	80	11	relation	relation	NOUN
ajfa-15640	80	12	profitability	profitability	NOUN
ajfa-15640	80	13	whereas	whereas	SCONJ
ajfa-15640	80	14	debt	debt	NOUN
ajfa-15640	80	15	to	to	ADP
ajfa-15640	80	16	equity	equity	NOUN
ajfa-15640	80	17	ratio	ratio	NOUN
ajfa-15640	80	18	is	be	AUX
ajfa-15640	80	19	negatively	negatively	ADV
ajfa-15640	80	20	correlated	correlate	VERB
ajfa-15640	80	21	with	with	ADP
ajfa-15640	80	22	profitability	profitability	NOUN
ajfa-15640	80	23	.	.	PUNCT
ajfa-15640	81	1	mestrado	mestrado	PROPN
ajfa-15640	81	2	(	(	PUNCT
ajfa-15640	81	3	2013	2013	NUM
ajfa-15640	81	4	)	)	PUNCT
ajfa-15640	81	5	investigated	investigate	VERB
ajfa-15640	81	6	the	the	DET
ajfa-15640	81	7	relationship	relationship	NOUN
ajfa-15640	81	8	between	between	ADP
ajfa-15640	81	9	working	work	VERB
ajfa-15640	81	10	capital	capital	NOUN
ajfa-15640	81	11	management	management	NOUN
ajfa-15640	81	12	and	and	CCONJ
ajfa-15640	81	13	firm	firm	ADJ
ajfa-15640	81	14	profitability	profitability	NOUN
ajfa-15640	81	15	for	for	ADP
ajfa-15640	81	16	portugal	portugal	PROPN
ajfa-15640	81	17	.	.	PUNCT
ajfa-15640	82	1	he	he	PRON
ajfa-15640	82	2	found	find	VERB
ajfa-15640	82	3	that	that	SCONJ
ajfa-15640	82	4	there	there	PRON
ajfa-15640	82	5	is	be	VERB
ajfa-15640	82	6	a	a	DET
ajfa-15640	82	7	concave	concave	ADJ
ajfa-15640	82	8	relationship	relationship	NOUN
ajfa-15640	82	9	between	between	ADP
ajfa-15640	82	10	working	work	VERB
ajfa-15640	82	11	capital	capital	NOUN
ajfa-15640	82	12	management	management	NOUN
ajfa-15640	82	13	and	and	CCONJ
ajfa-15640	82	14	profitability	profitability	NOUN
ajfa-15640	82	15	,	,	PUNCT
ajfa-15640	82	16	indicating	indicate	VERB
ajfa-15640	82	17	that	that	SCONJ
ajfa-15640	82	18	firms	firm	NOUN
ajfa-15640	82	19	have	have	VERB
ajfa-15640	82	20	an	an	DET
ajfa-15640	82	21	optimal	optimal	ADJ
ajfa-15640	82	22	working	work	VERB
ajfa-15640	82	23	capital	capital	NOUN
ajfa-15640	82	24	level	level	NOUN
ajfa-15640	82	25	where	where	SCONJ
ajfa-15640	82	26	firms	firm	NOUN
ajfa-15640	82	27	should	should	AUX
ajfa-15640	82	28	stand	stand	VERB
ajfa-15640	82	29	to	to	PART
ajfa-15640	82	30	maximize	maximize	VERB
ajfa-15640	82	31	profitability	profitability	NOUN
ajfa-15640	82	32	.	.	PUNCT
ajfa-15640	83	1	arshad	arshad	PROPN
ajfa-15640	83	2	and	and	CCONJ
ajfa-15640	83	3	gondal	gondal	NOUN
ajfa-15640	83	4	(	(	PUNCT
ajfa-15640	83	5	2013	2013	NUM
ajfa-15640	83	6	)	)	PUNCT
ajfa-15640	83	7	examined	examine	VERB
ajfa-15640	83	8	the	the	DET
ajfa-15640	83	9	empirical	empirical	ADJ
ajfa-15640	83	10	impact	impact	NOUN
ajfa-15640	83	11	of	of	ADP
ajfa-15640	83	12	the	the	DET
ajfa-15640	83	13	relationship	relationship	NOUN
ajfa-15640	83	14	between	between	ADP
ajfa-15640	83	15	working	work	VERB
ajfa-15640	83	16	capital	capital	NOUN
ajfa-15640	83	17	management	management	NOUN
ajfa-15640	83	18	and	and	CCONJ
ajfa-15640	83	19	profitability	profitability	NOUN
ajfa-15640	83	20	of	of	ADP
ajfa-15640	83	21	pakistan	pakistan	ADJ
ajfa-15640	83	22	cement	cement	NOUN
ajfa-15640	83	23	sector	sector	NOUN
ajfa-15640	83	24	.	.	PUNCT
ajfa-15640	84	1	they	they	PRON
ajfa-15640	84	2	found	find	VERB
ajfa-15640	84	3	that	that	SCONJ
ajfa-15640	84	4	there	there	PRON
ajfa-15640	84	5	is	be	VERB
ajfa-15640	84	6	a	a	DET
ajfa-15640	84	7	significant	significant	ADJ
ajfa-15640	84	8	negative	negative	ADJ
ajfa-15640	84	9	relationship	relationship	NOUN
ajfa-15640	84	10	between	between	ADP
ajfa-15640	84	11	working	work	VERB
ajfa-15640	84	12	capital	capital	NOUN
ajfa-15640	84	13	management	management	NOUN
ajfa-15640	84	14	on	on	ADP
ajfa-15640	84	15	the	the	DET
ajfa-15640	84	16	profitability	profitability	NOUN
ajfa-15640	84	17	of	of	ADP
ajfa-15640	84	18	the	the	DET
ajfa-15640	84	19	firms	firm	NOUN
ajfa-15640	84	20	.	.	PUNCT
ajfa-15640	85	1	thuvarakan	thuvarakan	PROPN
ajfa-15640	85	2	(	(	PUNCT
ajfa-15640	85	3	2012	2012	NUM
ajfa-15640	85	4	)	)	PUNCT
ajfa-15640	85	5	examined	examine	VERB
ajfa-15640	85	6	whether	whether	SCONJ
ajfa-15640	85	7	the	the	DET
ajfa-15640	85	8	working	work	VERB
ajfa-15640	85	9	capital	capital	NOUN
ajfa-15640	85	10	components	component	NOUN
ajfa-15640	85	11	trade	trade	NOUN
ajfa-15640	85	12	receivable	receivable	NOUN
ajfa-15640	85	13	,	,	PUNCT
ajfa-15640	85	14	inventories	inventory	NOUN
ajfa-15640	85	15	and	and	CCONJ
ajfa-15640	85	16	trade	trade	NOUN
ajfa-15640	85	17	payable	payable	ADJ
ajfa-15640	85	18	are	be	AUX
ajfa-15640	85	19	affecting	affect	VERB
ajfa-15640	85	20	the	the	DET
ajfa-15640	85	21	gross	gross	ADJ
ajfa-15640	85	22	operating	operating	NOUN
ajfa-15640	85	23	income	income	NOUN
ajfa-15640	85	24	of	of	ADP
ajfa-15640	85	25	firms	firm	NOUN
ajfa-15640	85	26	listed	list	VERB
ajfa-15640	85	27	on	on	ADP
ajfa-15640	85	28	the	the	DET
ajfa-15640	85	29	london	london	PROPN
ajfa-15640	85	30	stock	stock	NOUN
ajfa-15640	85	31	exchange	exchange	PROPN
ajfa-15640	85	32	(	(	PUNCT
ajfa-15640	85	33	lse	lse	PROPN
ajfa-15640	85	34	)	)	PUNCT
ajfa-15640	85	35	.	.	PUNCT
ajfa-15640	86	1	they	they	PRON
ajfa-15640	86	2	found	find	VERB
ajfa-15640	86	3	that	that	SCONJ
ajfa-15640	86	4	there	there	PRON
ajfa-15640	86	5	is	be	VERB
ajfa-15640	86	6	a	a	DET
ajfa-15640	86	7	negative	negative	ADJ
ajfa-15640	86	8	relationship	relationship	NOUN
ajfa-15640	86	9	between	between	ADP
ajfa-15640	86	10	the	the	DET
ajfa-15640	86	11	profitability	profitability	NOUN
ajfa-15640	86	12	of	of	ADP
ajfa-15640	86	13	the	the	DET
ajfa-15640	86	14	firms	firm	NOUN
ajfa-15640	86	15	and	and	CCONJ
ajfa-15640	86	16	working	work	VERB
ajfa-15640	86	17	capital	capital	NOUN
ajfa-15640	86	18	components	component	NOUN
ajfa-15640	86	19	.	.	PUNCT
ajfa-15640	87	1	however	however	ADV
ajfa-15640	87	2	,	,	PUNCT
ajfa-15640	87	3	there	there	PRON
ajfa-15640	87	4	is	be	VERB
ajfa-15640	87	5	no	no	DET
ajfa-15640	87	6	significant	significant	ADJ
ajfa-15640	87	7	relationship	relationship	NOUN
ajfa-15640	87	8	between	between	ADP
ajfa-15640	87	9	the	the	DET
ajfa-15640	87	10	working	work	VERB
ajfa-15640	87	11	capital	capital	NOUN
ajfa-15640	87	12	components	component	NOUN
ajfa-15640	87	13	receivable	receivable	ADJ
ajfa-15640	87	14	days	day	NOUN
ajfa-15640	87	15	,	,	PUNCT
ajfa-15640	87	16	payable	payable	ADJ
ajfa-15640	87	17	days	day	NOUN
ajfa-15640	87	18	,	,	PUNCT
ajfa-15640	87	19	inventory	inventory	NOUN
ajfa-15640	87	20	days	day	NOUN
ajfa-15640	87	21	,	,	PUNCT
ajfa-15640	87	22	cash	cash	NOUN
ajfa-15640	87	23	conversion	conversion	NOUN
ajfa-15640	87	24	cycle	cycle	NOUN
ajfa-15640	87	25	and	and	CCONJ
ajfa-15640	87	26	profitability	profitability	NOUN
ajfa-15640	87	27	of	of	ADP
ajfa-15640	87	28	the	the	DET
ajfa-15640	87	29	firm	firm	NOUN
ajfa-15640	87	30	.	.	PUNCT
ajfa-15640	88	1	rehn	rehn	PROPN
ajfa-15640	88	2	(	(	PUNCT
ajfa-15640	88	3	2012	2012	NUM
ajfa-15640	88	4	)	)	PUNCT
ajfa-15640	88	5	investigated	investigate	VERB
ajfa-15640	88	6	of	of	ADP
ajfa-15640	88	7	how	how	SCONJ
ajfa-15640	88	8	working	work	VERB
ajfa-15640	88	9	capital	capital	NOUN
ajfa-15640	88	10	management	management	NOUN
ajfa-15640	88	11	can	can	AUX
ajfa-15640	88	12	add	add	VERB
ajfa-15640	88	13	to	to	ADP
ajfa-15640	88	14	corporate	corporate	ADJ
ajfa-15640	88	15	profitability	profitability	NOUN
ajfa-15640	88	16	and	and	CCONJ
ajfa-15640	88	17	shareholders	shareholder	NOUN
ajfa-15640	88	18	'	'	PART
ajfa-15640	88	19	value	value	NOUN
ajfa-15640	88	20	through	through	ADP
ajfa-15640	88	21	the	the	DET
ajfa-15640	88	22	cash	cash	NOUN
ajfa-15640	88	23	conversion	conversion	NOUN
ajfa-15640	88	24	cycle	cycle	NOUN
ajfa-15640	88	25	as	as	ADP
ajfa-15640	88	26	a	a	DET
ajfa-15640	88	27	proxy	proxy	ADJ
ajfa-15640	88	28	asian	asian	ADJ
ajfa-15640	88	29	journal	journal	NOUN
ajfa-15640	88	30	of	of	ADP
ajfa-15640	88	31	finance	finance	PROPN
ajfa-15640	88	32	&	&	CCONJ
ajfa-15640	88	33	accounting	accounting	PROPN
ajfa-15640	88	34	issn	issn	PROPN
ajfa-15640	88	35	1946	1946	NUM
ajfa-15640	88	36	-	-	PUNCT
ajfa-15640	88	37	052x	052x	PROPN
ajfa-15640	88	38	2019	2019	NUM
ajfa-15640	88	39	,	,	PUNCT
ajfa-15640	88	40	vol	vol	NOUN
ajfa-15640	88	41	.	.	PROPN
ajfa-15640	88	42	11	11	NUM
ajfa-15640	88	43	,	,	PUNCT
ajfa-15640	88	44	no	no	INTJ
ajfa-15640	88	45	.	.	NOUN
ajfa-15640	88	46	2	2	NUM
ajfa-15640	88	47	ajfa.macrothink.org/	ajfa.macrothink.org/	NOUN
ajfa-15640	88	48	86	86	NUM
ajfa-15640	88	49	of	of	ADP
ajfa-15640	88	50	working	work	VERB
ajfa-15640	88	51	capital	capital	NOUN
ajfa-15640	88	52	management	management	NOUN
ajfa-15640	88	53	and	and	CCONJ
ajfa-15640	88	54	two	two	NUM
ajfa-15640	88	55	variables	variable	NOUN
ajfa-15640	88	56	of	of	ADP
ajfa-15640	88	57	profitability	profitability	NOUN
ajfa-15640	88	58	in	in	ADP
ajfa-15640	88	59	finnish	finnish	ADJ
ajfa-15640	88	60	and	and	CCONJ
ajfa-15640	88	61	swedish	swedish	ADJ
ajfa-15640	88	62	corporations	corporation	NOUN
ajfa-15640	88	63	.	.	PUNCT
ajfa-15640	89	1	he	he	PRON
ajfa-15640	89	2	found	find	VERB
ajfa-15640	89	3	that	that	SCONJ
ajfa-15640	89	4	this	this	PRON
ajfa-15640	89	5	is	be	AUX
ajfa-15640	89	6	significant	significant	ADJ
ajfa-15640	89	7	evidence	evidence	NOUN
ajfa-15640	89	8	that	that	SCONJ
ajfa-15640	89	9	by	by	ADP
ajfa-15640	89	10	effectively	effectively	ADV
ajfa-15640	89	11	managing	manage	VERB
ajfa-15640	89	12	each	each	DET
ajfa-15640	89	13	part	part	NOUN
ajfa-15640	89	14	of	of	ADP
ajfa-15640	89	15	working	working	NOUN
ajfa-15640	89	16	capital	capital	NOUN
ajfa-15640	89	17	,	,	PUNCT
ajfa-15640	89	18	a	a	DET
ajfa-15640	89	19	company	company	NOUN
ajfa-15640	89	20	can	can	AUX
ajfa-15640	89	21	increase	increase	VERB
ajfa-15640	89	22	the	the	DET
ajfa-15640	89	23	net	net	ADJ
ajfa-15640	89	24	present	present	ADJ
ajfa-15640	89	25	value	value	NOUN
ajfa-15640	89	26	of	of	ADP
ajfa-15640	89	27	its	its	PRON
ajfa-15640	89	28	cash	cash	NOUN
ajfa-15640	89	29	flows	flow	NOUN
ajfa-15640	89	30	,	,	PUNCT
ajfa-15640	89	31	thus	thus	ADV
ajfa-15640	89	32	adding	add	VERB
ajfa-15640	89	33	to	to	ADP
ajfa-15640	89	34	shareholder	shareholder	NOUN
ajfa-15640	89	35	value	value	NOUN
ajfa-15640	89	36	.	.	PUNCT
ajfa-15640	90	1	chary	chary	PROPN
ajfa-15640	90	2	and	and	CCONJ
ajfa-15640	90	3	kumar	kumar	PROPN
ajfa-15640	90	4	(	(	PUNCT
ajfa-15640	90	5	2011	2011	NUM
ajfa-15640	90	6	)	)	PUNCT
ajfa-15640	90	7	focused	focus	VERB
ajfa-15640	90	8	on	on	ADP
ajfa-15640	90	9	the	the	DET
ajfa-15640	90	10	relationship	relationship	NOUN
ajfa-15640	90	11	between	between	ADP
ajfa-15640	90	12	profitability	profitability	NOUN
ajfa-15640	90	13	and	and	CCONJ
ajfa-15640	90	14	working	working	NOUN
ajfa-15640	90	15	capital	capital	NOUN
ajfa-15640	90	16	management	management	NOUN
ajfa-15640	90	17	.	.	PUNCT
ajfa-15640	91	1	they	they	PRON
ajfa-15640	91	2	found	find	VERB
ajfa-15640	91	3	that	that	SCONJ
ajfa-15640	91	4	current	current	ADJ
ajfa-15640	91	5	assets	asset	NOUN
ajfa-15640	91	6	with	with	ADP
ajfa-15640	91	7	a	a	DET
ajfa-15640	91	8	larger	large	ADJ
ajfa-15640	91	9	proportion	proportion	NOUN
ajfa-15640	91	10	in	in	ADP
ajfa-15640	91	11	total	total	ADJ
ajfa-15640	91	12	assets	asset	NOUN
ajfa-15640	91	13	have	have	AUX
ajfa-15640	91	14	shown	show	VERB
ajfa-15640	91	15	a	a	DET
ajfa-15640	91	16	high	high	ADJ
ajfa-15640	91	17	degree	degree	NOUN
ajfa-15640	91	18	of	of	ADP
ajfa-15640	91	19	negative	negative	ADJ
ajfa-15640	91	20	correlation	correlation	NOUN
ajfa-15640	91	21	and	and	CCONJ
ajfa-15640	91	22	the	the	DET
ajfa-15640	91	23	current	current	ADJ
ajfa-15640	91	24	assets	asset	NOUN
ajfa-15640	91	25	with	with	ADP
ajfa-15640	91	26	considerable	considerable	ADJ
ajfa-15640	91	27	proportion	proportion	NOUN
ajfa-15640	91	28	in	in	ADP
ajfa-15640	91	29	gross	gross	ADJ
ajfa-15640	91	30	working	working	NOUN
ajfa-15640	91	31	capital	capital	NOUN
ajfa-15640	91	32	have	have	AUX
ajfa-15640	91	33	shown	show	VERB
ajfa-15640	91	34	a	a	DET
ajfa-15640	91	35	moderate	moderate	ADJ
ajfa-15640	91	36	degree	degree	NOUN
ajfa-15640	91	37	of	of	ADP
ajfa-15640	91	38	correlation	correlation	NOUN
ajfa-15640	91	39	with	with	ADP
ajfa-15640	91	40	the	the	DET
ajfa-15640	91	41	profitability	profitability	NOUN
ajfa-15640	91	42	confirms	confirm	VERB
ajfa-15640	91	43	the	the	DET
ajfa-15640	91	44	theory	theory	NOUN
ajfa-15640	91	45	that	that	SCONJ
ajfa-15640	91	46	excess	excess	NOUN
ajfa-15640	91	47	of	of	ADP
ajfa-15640	91	48	working	work	VERB
ajfa-15640	91	49	capital	capital	NOUN
ajfa-15640	91	50	results	result	NOUN
ajfa-15640	91	51	in	in	ADP
ajfa-15640	91	52	low	low	ADJ
ajfa-15640	91	53	profitability	profitability	NOUN
ajfa-15640	91	54	.	.	PUNCT
ajfa-15640	92	1	alipour	alipour	ADJ
ajfa-15640	92	2	(	(	PUNCT
ajfa-15640	92	3	2011	2011	NUM
ajfa-15640	92	4	)	)	PUNCT
ajfa-15640	92	5	examined	examine	VERB
ajfa-15640	92	6	the	the	DET
ajfa-15640	92	7	relationship	relationship	NOUN
ajfa-15640	92	8	between	between	ADP
ajfa-15640	92	9	working	work	VERB
ajfa-15640	92	10	capital	capital	NOUN
ajfa-15640	92	11	management	management	NOUN
ajfa-15640	92	12	and	and	CCONJ
ajfa-15640	92	13	profitability	profitability	NOUN
ajfa-15640	92	14	depending	depend	VERB
ajfa-15640	92	15	on	on	ADP
ajfa-15640	92	16	cash	cash	NOUN
ajfa-15640	92	17	conversion	conversion	NOUN
ajfa-15640	92	18	as	as	ADP
ajfa-15640	92	19	a	a	DET
ajfa-15640	92	20	measure	measure	NOUN
ajfa-15640	92	21	to	to	PART
ajfa-15640	92	22	calculate	calculate	VERB
ajfa-15640	92	23	the	the	DET
ajfa-15640	92	24	efficient	efficient	ADJ
ajfa-15640	92	25	working	working	NOUN
ajfa-15640	92	26	capital	capital	NOUN
ajfa-15640	92	27	management	management	NOUN
ajfa-15640	92	28	.	.	PUNCT
ajfa-15640	93	1	he	he	PRON
ajfa-15640	93	2	found	find	VERB
ajfa-15640	93	3	that	that	SCONJ
ajfa-15640	93	4	there	there	PRON
ajfa-15640	93	5	is	be	VERB
ajfa-15640	93	6	a	a	DET
ajfa-15640	93	7	negative	negative	ADJ
ajfa-15640	93	8	significant	significant	ADJ
ajfa-15640	93	9	relationship	relationship	NOUN
ajfa-15640	93	10	between	between	ADP
ajfa-15640	93	11	the	the	DET
ajfa-15640	93	12	number	number	NOUN
ajfa-15640	93	13	of	of	ADP
ajfa-15640	93	14	day	day	NOUN
ajfa-15640	93	15	's	's	PART
ajfa-15640	93	16	accounts	account	NOUN
ajfa-15640	93	17	receivable	receivable	ADJ
ajfa-15640	93	18	and	and	CCONJ
ajfa-15640	93	19	profitability	profitability	NOUN
ajfa-15640	93	20	,	,	PUNCT
ajfa-15640	93	21	a	a	DET
ajfa-15640	93	22	negative	negative	ADJ
ajfa-15640	93	23	significant	significant	ADJ
ajfa-15640	93	24	relation	relation	NOUN
ajfa-15640	93	25	between	between	ADP
ajfa-15640	93	26	inventory	inventory	NOUN
ajfa-15640	93	27	turnover	turnover	NOUN
ajfa-15640	93	28	in	in	ADP
ajfa-15640	93	29	days	day	NOUN
ajfa-15640	93	30	and	and	CCONJ
ajfa-15640	93	31	profitability	profitability	NOUN
ajfa-15640	93	32	,	,	PUNCT
ajfa-15640	93	33	a	a	DET
ajfa-15640	93	34	direct	direct	ADJ
ajfa-15640	93	35	significant	significant	ADJ
ajfa-15640	93	36	relationship	relationship	NOUN
ajfa-15640	93	37	between	between	ADP
ajfa-15640	93	38	the	the	DET
ajfa-15640	93	39	number	number	NOUN
ajfa-15640	93	40	of	of	ADP
ajfa-15640	93	41	day	day	NOUN
ajfa-15640	93	42	’s	’s	PART
ajfa-15640	93	43	accounts	account	NOUN
ajfa-15640	93	44	payables	payable	NOUN
ajfa-15640	93	45	and	and	CCONJ
ajfa-15640	93	46	profitability	profitability	NOUN
ajfa-15640	93	47	and	and	CCONJ
ajfa-15640	93	48	there	there	PRON
ajfa-15640	93	49	is	be	VERB
ajfa-15640	93	50	a	a	DET
ajfa-15640	93	51	negative	negative	ADJ
ajfa-15640	93	52	significant	significant	ADJ
ajfa-15640	93	53	relationship	relationship	NOUN
ajfa-15640	93	54	between	between	ADP
ajfa-15640	93	55	cash	cash	NOUN
ajfa-15640	93	56	conversion	conversion	NOUN
ajfa-15640	93	57	cycle	cycle	NOUN
ajfa-15640	93	58	and	and	CCONJ
ajfa-15640	93	59	profitability	profitability	NOUN
ajfa-15640	93	60	.	.	PUNCT
ajfa-15640	94	1	al	al	PROPN
ajfa-15640	94	2	-	-	PUNCT
ajfa-15640	94	3	debi'e	debi'e	PROPN
ajfa-15640	94	4	(	(	PUNCT
ajfa-15640	94	5	2011	2011	NUM
ajfa-15640	94	6	)	)	PUNCT
ajfa-15640	94	7	examined	examine	VERB
ajfa-15640	94	8	the	the	DET
ajfa-15640	94	9	relationship	relationship	NOUN
ajfa-15640	94	10	between	between	ADP
ajfa-15640	94	11	profitability	profitability	NOUN
ajfa-15640	94	12	and	and	CCONJ
ajfa-15640	94	13	working	working	NOUN
ajfa-15640	94	14	capital	capital	NOUN
ajfa-15640	94	15	management	management	NOUN
ajfa-15640	94	16	measures	measure	NOUN
ajfa-15640	94	17	for	for	ADP
ajfa-15640	94	18	industrial	industrial	ADJ
ajfa-15640	94	19	companies	company	NOUN
ajfa-15640	94	20	listed	list	VERB
ajfa-15640	94	21	on	on	ADP
ajfa-15640	94	22	ase	ase	PROPN
ajfa-15640	94	23	.	.	PUNCT
ajfa-15640	95	1	he	he	PRON
ajfa-15640	95	2	found	find	VERB
ajfa-15640	95	3	that	that	SCONJ
ajfa-15640	95	4	there	there	PRON
ajfa-15640	95	5	is	be	VERB
ajfa-15640	95	6	a	a	DET
ajfa-15640	95	7	significant	significant	ADJ
ajfa-15640	95	8	relationship	relationship	NOUN
ajfa-15640	95	9	between	between	ADP
ajfa-15640	95	10	working	work	VERB
ajfa-15640	95	11	capital	capital	NOUN
ajfa-15640	95	12	management	management	NOUN
ajfa-15640	95	13	and	and	CCONJ
ajfa-15640	95	14	profitability	profitability	NOUN
ajfa-15640	95	15	.	.	PUNCT
ajfa-15640	96	1	teruel	teruel	PROPN
ajfa-15640	96	2	and	and	CCONJ
ajfa-15640	96	3	solano	solano	PROPN
ajfa-15640	96	4	(	(	PUNCT
ajfa-15640	96	5	2004	2004	NUM
ajfa-15640	96	6	)	)	PUNCT
ajfa-15640	96	7	provided	provide	VERB
ajfa-15640	96	8	empirical	empirical	ADJ
ajfa-15640	96	9	evidence	evidence	NOUN
ajfa-15640	96	10	about	about	ADP
ajfa-15640	96	11	the	the	DET
ajfa-15640	96	12	effects	effect	NOUN
ajfa-15640	96	13	of	of	ADP
ajfa-15640	96	14	working	work	VERB
ajfa-15640	96	15	capital	capital	NOUN
ajfa-15640	96	16	management	management	NOUN
ajfa-15640	96	17	on	on	ADP
ajfa-15640	96	18	the	the	DET
ajfa-15640	96	19	profitability	profitability	NOUN
ajfa-15640	96	20	on	on	ADP
ajfa-15640	96	21	the	the	DET
ajfa-15640	96	22	spanish	spanish	ADJ
ajfa-15640	96	23	firms	firm	NOUN
ajfa-15640	96	24	.	.	PUNCT
ajfa-15640	97	1	by	by	ADP
ajfa-15640	97	2	using	use	VERB
ajfa-15640	97	3	multiple	multiple	ADJ
ajfa-15640	97	4	regression	regression	NOUN
ajfa-15640	97	5	,	,	PUNCT
ajfa-15640	97	6	they	they	PRON
ajfa-15640	97	7	demonstrated	demonstrate	VERB
ajfa-15640	97	8	that	that	SCONJ
ajfa-15640	97	9	managers	manager	NOUN
ajfa-15640	97	10	can	can	AUX
ajfa-15640	97	11	create	create	VERB
ajfa-15640	97	12	value	value	NOUN
ajfa-15640	97	13	by	by	ADP
ajfa-15640	97	14	reducing	reduce	VERB
ajfa-15640	97	15	their	their	PRON
ajfa-15640	97	16	firm	firm	NOUN
ajfa-15640	97	17	’s	’s	PART
ajfa-15640	97	18	number	number	NOUN
ajfa-15640	97	19	of	of	ADP
ajfa-15640	97	20	days	day	NOUN
ajfa-15640	97	21	accounts	account	VERB
ajfa-15640	97	22	receivable	receivable	ADJ
ajfa-15640	97	23	and	and	CCONJ
ajfa-15640	97	24	inventories	inventory	NOUN
ajfa-15640	97	25	.	.	PUNCT
ajfa-15640	98	1	it	it	PRON
ajfa-15640	98	2	also	also	ADV
ajfa-15640	98	3	improves	improve	VERB
ajfa-15640	98	4	the	the	DET
ajfa-15640	98	5	profitability	profitability	NOUN
ajfa-15640	98	6	of	of	ADP
ajfa-15640	98	7	the	the	DET
ajfa-15640	98	8	company	company	NOUN
ajfa-15640	98	9	by	by	ADP
ajfa-15640	98	10	shortening	shorten	VERB
ajfa-15640	98	11	the	the	DET
ajfa-15640	98	12	cash	cash	NOUN
ajfa-15640	98	13	conversion	conversion	NOUN
ajfa-15640	98	14	cycle	cycle	NOUN
ajfa-15640	98	15	.	.	PUNCT
ajfa-15640	99	1	deloof	deloof	NOUN
ajfa-15640	99	2	(	(	PUNCT
ajfa-15640	99	3	2003	2003	NUM
ajfa-15640	99	4	)	)	PUNCT
ajfa-15640	99	5	investigated	investigate	VERB
ajfa-15640	99	6	how	how	SCONJ
ajfa-15640	99	7	working	work	VERB
ajfa-15640	99	8	capital	capital	NOUN
ajfa-15640	99	9	management	management	NOUN
ajfa-15640	99	10	can	can	AUX
ajfa-15640	99	11	influence	influence	VERB
ajfa-15640	99	12	the	the	DET
ajfa-15640	99	13	profitability	profitability	NOUN
ajfa-15640	99	14	of	of	ADP
ajfa-15640	99	15	belgium	belgium	NOUN
ajfa-15640	99	16	firms	firm	NOUN
ajfa-15640	99	17	.	.	PUNCT
ajfa-15640	100	1	he	he	PRON
ajfa-15640	100	2	observed	observe	VERB
ajfa-15640	100	3	that	that	SCONJ
ajfa-15640	100	4	there	there	PRON
ajfa-15640	100	5	is	be	VERB
ajfa-15640	100	6	a	a	DET
ajfa-15640	100	7	significant	significant	ADJ
ajfa-15640	100	8	negative	negative	ADJ
ajfa-15640	100	9	correlation	correlation	NOUN
ajfa-15640	100	10	between	between	ADP
ajfa-15640	100	11	gross	gross	ADJ
ajfa-15640	100	12	operating	operating	NOUN
ajfa-15640	100	13	income	income	NOUN
ajfa-15640	100	14	and	and	CCONJ
ajfa-15640	100	15	number	number	NOUN
ajfa-15640	100	16	of	of	ADP
ajfa-15640	100	17	day	day	NOUN
ajfa-15640	100	18	's	's	PART
ajfa-15640	100	19	receivable	receivable	ADJ
ajfa-15640	100	20	accounts	account	NOUN
ajfa-15640	100	21	,	,	PUNCT
ajfa-15640	100	22	inventories	inventory	NOUN
ajfa-15640	100	23	,	,	PUNCT
ajfa-15640	100	24	and	and	CCONJ
ajfa-15640	100	25	accounts	account	VERB
ajfa-15640	100	26	payable	payable	ADJ
ajfa-15640	100	27	in	in	ADP
ajfa-15640	100	28	belgium	belgium	NOUN
ajfa-15640	100	29	.	.	PUNCT
ajfa-15640	101	1	in	in	ADP
ajfa-15640	101	2	order	order	NOUN
ajfa-15640	101	3	to	to	PART
ajfa-15640	101	4	create	create	VERB
ajfa-15640	101	5	value	value	NOUN
ajfa-15640	101	6	for	for	ADP
ajfa-15640	101	7	shareholders	shareholder	NOUN
ajfa-15640	101	8	,	,	PUNCT
ajfa-15640	101	9	he	he	PRON
ajfa-15640	101	10	suggested	suggest	VERB
ajfa-15640	101	11	reducing	reduce	VERB
ajfa-15640	101	12	the	the	DET
ajfa-15640	101	13	number	number	NOUN
ajfa-15640	101	14	of	of	ADP
ajfa-15640	101	15	day	day	NOUN
ajfa-15640	101	16	's	's	PART
ajfa-15640	101	17	accounts	account	NOUN
ajfa-15640	101	18	receivable	receivable	ADJ
ajfa-15640	101	19	and	and	CCONJ
ajfa-15640	101	20	inventories	inventory	NOUN
ajfa-15640	101	21	to	to	ADP
ajfa-15640	101	22	a	a	DET
ajfa-15640	101	23	reasonable	reasonable	ADJ
ajfa-15640	101	24	minimum	minimum	NOUN
ajfa-15640	101	25	.	.	PUNCT
ajfa-15640	102	1	3	3	X
ajfa-15640	102	2	.	.	X
ajfa-15640	102	3	hypotheses	hypothesis	NOUN
ajfa-15640	102	4	of	of	ADP
ajfa-15640	102	5	research	research	NOUN
ajfa-15640	102	6	through	through	ADP
ajfa-15640	102	7	the	the	DET
ajfa-15640	102	8	theoretical	theoretical	ADJ
ajfa-15640	102	9	perspective	perspective	NOUN
ajfa-15640	103	1	,	,	PUNCT
ajfa-15640	103	2	it	it	PRON
ajfa-15640	103	3	lies	lie	VERB
ajfa-15640	103	4	on	on	ADP
ajfa-15640	103	5	the	the	DET
ajfa-15640	103	6	certainty	certainty	NOUN
ajfa-15640	103	7	about	about	ADP
ajfa-15640	103	8	the	the	DET
ajfa-15640	103	9	presence	presence	NOUN
ajfa-15640	103	10	of	of	ADP
ajfa-15640	103	11	a	a	DET
ajfa-15640	103	12	relationship	relationship	NOUN
ajfa-15640	103	13	between	between	ADP
ajfa-15640	103	14	the	the	DET
ajfa-15640	103	15	working	work	VERB
ajfa-15640	103	16	capital	capital	NOUN
ajfa-15640	103	17	management	management	NOUN
ajfa-15640	103	18	and	and	CCONJ
ajfa-15640	103	19	the	the	DET
ajfa-15640	103	20	firm	firm	ADJ
ajfa-15640	103	21	profitability	profitability	NOUN
ajfa-15640	103	22	with	with	ADP
ajfa-15640	103	23	staying	stay	VERB
ajfa-15640	103	24	other	other	ADJ
ajfa-15640	103	25	variables	variable	NOUN
ajfa-15640	103	26	constant	constant	ADJ
ajfa-15640	103	27	.	.	PUNCT
ajfa-15640	104	1	as	as	SCONJ
ajfa-15640	104	2	i	i	PRON
ajfa-15640	104	3	mentioned	mention	VERB
ajfa-15640	104	4	earlier	early	ADV
ajfa-15640	104	5	by	by	ADP
ajfa-15640	104	6	explaining	explain	VERB
ajfa-15640	104	7	the	the	DET
ajfa-15640	104	8	ccc	ccc	NOUN
ajfa-15640	104	9	that	that	PRON
ajfa-15640	104	10	is	be	AUX
ajfa-15640	104	11	the	the	DET
ajfa-15640	104	12	main	main	ADJ
ajfa-15640	104	13	performance	performance	NOUN
ajfa-15640	104	14	criterion	criterion	NOUN
ajfa-15640	104	15	of	of	ADP
ajfa-15640	104	16	effective	effective	ADJ
ajfa-15640	104	17	working	work	VERB
ajfa-15640	104	18	capital	capital	NOUN
ajfa-15640	104	19	management	management	NOUN
ajfa-15640	104	20	.	.	PUNCT
ajfa-15640	105	1	the	the	DET
ajfa-15640	105	2	ccc	ccc	PROPN
ajfa-15640	105	3	begins	begin	VERB
ajfa-15640	105	4	when	when	SCONJ
ajfa-15640	105	5	the	the	DET
ajfa-15640	105	6	company	company	NOUN
ajfa-15640	105	7	pays	pay	VERB
ajfa-15640	105	8	cash	cash	NOUN
ajfa-15640	105	9	to	to	ADP
ajfa-15640	105	10	suppliers	supplier	NOUN
ajfa-15640	105	11	for	for	ADP
ajfa-15640	105	12	the	the	DET
ajfa-15640	105	13	materials	material	NOUN
ajfa-15640	105	14	purchased	purchase	VERB
ajfa-15640	105	15	and	and	CCONJ
ajfa-15640	105	16	ends	end	VERB
ajfa-15640	105	17	when	when	SCONJ
ajfa-15640	105	18	cash	cash	NOUN
ajfa-15640	105	19	is	be	AUX
ajfa-15640	105	20	collected	collect	VERB
ajfa-15640	105	21	from	from	ADP
ajfa-15640	105	22	customers	customer	NOUN
ajfa-15640	105	23	for	for	ADP
ajfa-15640	105	24	credit	credit	NOUN
ajfa-15640	105	25	sales	sale	NOUN
ajfa-15640	105	26	.	.	PUNCT
ajfa-15640	106	1	the	the	DET
ajfa-15640	106	2	first	first	ADJ
ajfa-15640	106	3	hypothesis	hypothesis	NOUN
ajfa-15640	106	4	including	include	VERB
ajfa-15640	106	5	all	all	DET
ajfa-15640	106	6	components	component	NOUN
ajfa-15640	106	7	of	of	ADP
ajfa-15640	106	8	ccc	ccc	PROPN
ajfa-15640	106	9	as	as	ADP
ajfa-15640	106	10	measure	measure	NOUN
ajfa-15640	106	11	of	of	ADP
ajfa-15640	106	12	working	work	VERB
ajfa-15640	106	13	capital	capital	NOUN
ajfa-15640	106	14	management	management	NOUN
ajfa-15640	106	15	is	be	AUX
ajfa-15640	106	16	:	:	PUNCT
ajfa-15640	106	17	h01	h01	NOUN
ajfa-15640	106	18	:	:	PUNCT
ajfa-15640	106	19	the	the	DET
ajfa-15640	106	20	ccc	ccc	PROPN
ajfa-15640	106	21	has	have	VERB
ajfa-15640	106	22	no	no	DET
ajfa-15640	106	23	relationship	relationship	NOUN
ajfa-15640	106	24	with	with	ADP
ajfa-15640	106	25	profitability	profitability	NOUN
ajfa-15640	106	26	of	of	ADP
ajfa-15640	106	27	jordanian	jordanian	ADJ
ajfa-15640	106	28	manufacturing	manufacturing	NOUN
ajfa-15640	106	29	firms	firm	NOUN
ajfa-15640	106	30	listed	list	VERB
ajfa-15640	106	31	in	in	ADP
ajfa-15640	106	32	ase	ase	PROPN
ajfa-15640	106	33	.	.	PUNCT
ajfa-15640	107	1	since	since	SCONJ
ajfa-15640	107	2	the	the	DET
ajfa-15640	107	3	ccc	ccc	PROPN
ajfa-15640	107	4	is	be	AUX
ajfa-15640	107	5	based	base	VERB
ajfa-15640	107	6	on	on	ADP
ajfa-15640	107	7	three	three	NUM
ajfa-15640	107	8	key	key	ADJ
ajfa-15640	107	9	components	component	NOUN
ajfa-15640	107	10	.	.	PUNCT
ajfa-15640	108	1	where	where	SCONJ
ajfa-15640	108	2	the	the	DET
ajfa-15640	108	3	ccc	ccc	PROPN
ajfa-15640	108	4	is	be	AUX
ajfa-15640	108	5	the	the	DET
ajfa-15640	108	6	sum	sum	NOUN
ajfa-15640	108	7	of	of	ADP
ajfa-15640	108	8	the	the	DET
ajfa-15640	108	9	ivp	ivp	NOUN
ajfa-15640	108	10	and	and	CCONJ
ajfa-15640	108	11	rvp	rvp	VERB
ajfa-15640	108	12	subtract	subtract	PROPN
ajfa-15640	108	13	pyp	pyp	PROPN
ajfa-15640	108	14	.	.	PUNCT
ajfa-15640	109	1	it	it	PRON
ajfa-15640	109	2	must	must	AUX
ajfa-15640	109	3	be	be	AUX
ajfa-15640	109	4	hypothesized	hypothesize	VERB
ajfa-15640	109	5	that	that	SCONJ
ajfa-15640	109	6	each	each	DET
ajfa-15640	109	7	component	component	NOUN
ajfa-15640	109	8	has	have	VERB
ajfa-15640	109	9	a	a	DET
ajfa-15640	109	10	relationship	relationship	NOUN
ajfa-15640	109	11	with	with	ADP
ajfa-15640	109	12	the	the	DET
ajfa-15640	109	13	firm	firm	ADJ
ajfa-15640	109	14	profitability	profitability	NOUN
ajfa-15640	109	15	(	(	PUNCT
ajfa-15640	109	16	melicher	melicher	NOUN
ajfa-15640	109	17	&	&	CCONJ
ajfa-15640	109	18	leach	leach	NOUN
ajfa-15640	109	19	,	,	PUNCT
ajfa-15640	109	20	2009	2009	NUM
ajfa-15640	109	21	;	;	PUNCT
ajfa-15640	109	22	huuynh	huuynh	PROPN
ajfa-15640	109	23	&	&	CCONJ
ajfa-15640	109	24	vergeer	vergeer	PROPN
ajfa-15640	109	25	,	,	PUNCT
ajfa-15640	109	26	2011	2011	NUM
ajfa-15640	109	27	)	)	PUNCT
ajfa-15640	109	28	as	as	SCONJ
ajfa-15640	109	29	followed	follow	VERB
ajfa-15640	109	30	:	:	PUNCT
ajfa-15640	109	31	asian	asian	ADJ
ajfa-15640	109	32	journal	journal	NOUN
ajfa-15640	109	33	of	of	ADP
ajfa-15640	109	34	finance	finance	PROPN
ajfa-15640	109	35	&	&	CCONJ
ajfa-15640	109	36	accounting	accounting	PROPN
ajfa-15640	109	37	issn	issn	PROPN
ajfa-15640	109	38	1946	1946	NUM
ajfa-15640	109	39	-	-	PUNCT
ajfa-15640	109	40	052x	052x	PROPN
ajfa-15640	109	41	2019	2019	NUM
ajfa-15640	109	42	,	,	PUNCT
ajfa-15640	109	43	vol	vol	NOUN
ajfa-15640	109	44	.	.	PROPN
ajfa-15640	110	1	11	11	NUM
ajfa-15640	110	2	,	,	PUNCT
ajfa-15640	110	3	no	no	INTJ
ajfa-15640	110	4	.	.	NOUN
ajfa-15640	110	5	2	2	NUM
ajfa-15640	110	6	ajfa.macrothink.org/	ajfa.macrothink.org/	NOUN
ajfa-15640	110	7	87	87	NUM
ajfa-15640	110	8	h02	h02	NOUN
ajfa-15640	110	9	:	:	PUNCT
ajfa-15640	110	10	each	each	DET
ajfa-15640	110	11	component	component	NOUN
ajfa-15640	110	12	of	of	ADP
ajfa-15640	110	13	ccc	ccc	PROPN
ajfa-15640	110	14	has	have	VERB
ajfa-15640	110	15	no	no	DET
ajfa-15640	110	16	relationship	relationship	NOUN
ajfa-15640	110	17	with	with	ADP
ajfa-15640	110	18	profitability	profitability	NOUN
ajfa-15640	110	19	of	of	ADP
ajfa-15640	110	20	jordanian	jordanian	ADJ
ajfa-15640	110	21	manufacturing	manufacturing	NOUN
ajfa-15640	110	22	firms	firm	NOUN
ajfa-15640	110	23	listed	list	VERB
ajfa-15640	110	24	in	in	ADP
ajfa-15640	110	25	ase	ase	PROPN
ajfa-15640	110	26	.	.	PROPN
ajfa-15640	110	27	company	company	NOUN
ajfa-15640	110	28	performance	performance	NOUN
ajfa-15640	110	29	's	's	PART
ajfa-15640	110	30	information	information	NOUN
ajfa-15640	110	31	,	,	PUNCT
ajfa-15640	110	32	primarily	primarily	ADV
ajfa-15640	110	33	about	about	ADP
ajfa-15640	110	34	its	its	PRON
ajfa-15640	110	35	profitability	profitability	NOUN
ajfa-15640	110	36	is	be	AUX
ajfa-15640	110	37	invaluable	invaluable	ADJ
ajfa-15640	110	38	in	in	ADP
ajfa-15640	110	39	substantiating	substantiate	VERB
ajfa-15640	110	40	management	management	NOUN
ajfa-15640	110	41	decisions	decision	NOUN
ajfa-15640	110	42	about	about	ADP
ajfa-15640	110	43	potential	potential	ADJ
ajfa-15640	110	44	changes	change	NOUN
ajfa-15640	110	45	in	in	ADP
ajfa-15640	110	46	economic	economic	ADJ
ajfa-15640	110	47	resources	resource	NOUN
ajfa-15640	110	48	that	that	PRON
ajfa-15640	110	49	will	will	AUX
ajfa-15640	110	50	allow	allow	VERB
ajfa-15640	110	51	the	the	DET
ajfa-15640	110	52	firm	firm	NOUN
ajfa-15640	110	53	to	to	PART
ajfa-15640	110	54	achieve	achieve	VERB
ajfa-15640	110	55	superior	superior	ADJ
ajfa-15640	110	56	economic	economic	ADJ
ajfa-15640	110	57	results	result	NOUN
ajfa-15640	110	58	that	that	PRON
ajfa-15640	110	59	will	will	AUX
ajfa-15640	110	60	improve	improve	VERB
ajfa-15640	110	61	the	the	DET
ajfa-15640	110	62	competitiveness	competitiveness	NOUN
ajfa-15640	110	63	of	of	ADP
ajfa-15640	110	64	the	the	DET
ajfa-15640	110	65	firm	firm	NOUN
ajfa-15640	110	66	and	and	CCONJ
ajfa-15640	110	67	satisfy	satisfy	VERB
ajfa-15640	110	68	the	the	DET
ajfa-15640	110	69	interests	interest	NOUN
ajfa-15640	110	70	of	of	ADP
ajfa-15640	110	71	shareholders	shareholder	NOUN
ajfa-15640	110	72	.	.	PUNCT
ajfa-15640	111	1	several	several	ADJ
ajfa-15640	111	2	studies	study	NOUN
ajfa-15640	111	3	have	have	AUX
ajfa-15640	111	4	addressed	address	VERB
ajfa-15640	111	5	other	other	ADJ
ajfa-15640	111	6	financial	financial	ADJ
ajfa-15640	111	7	ratios	ratio	NOUN
ajfa-15640	111	8	that	that	PRON
ajfa-15640	111	9	may	may	AUX
ajfa-15640	111	10	have	have	VERB
ajfa-15640	111	11	an	an	DET
ajfa-15640	111	12	impact	impact	NOUN
ajfa-15640	111	13	on	on	ADP
ajfa-15640	111	14	profitability	profitability	NOUN
ajfa-15640	111	15	(	(	PUNCT
ajfa-15640	111	16	burja	burja	ADJ
ajfa-15640	111	17	,	,	PUNCT
ajfa-15640	111	18	2011	2011	NUM
ajfa-15640	111	19	)	)	PUNCT
ajfa-15640	111	20	.	.	PUNCT
ajfa-15640	112	1	exclusively	exclusively	ADV
ajfa-15640	112	2	and	and	CCONJ
ajfa-15640	112	3	not	not	PART
ajfa-15640	112	4	inclusively	inclusively	ADV
ajfa-15640	112	5	,	,	PUNCT
ajfa-15640	112	6	i	i	PRON
ajfa-15640	112	7	have	have	AUX
ajfa-15640	112	8	used	use	VERB
ajfa-15640	112	9	some	some	DET
ajfa-15640	112	10	financial	financial	ADJ
ajfa-15640	112	11	ratios	ratio	NOUN
ajfa-15640	112	12	as	as	ADP
ajfa-15640	112	13	factors	factor	NOUN
ajfa-15640	112	14	that	that	PRON
ajfa-15640	112	15	may	may	AUX
ajfa-15640	112	16	have	have	VERB
ajfa-15640	112	17	the	the	DET
ajfa-15640	112	18	effect	effect	NOUN
ajfa-15640	112	19	or	or	CCONJ
ajfa-15640	112	20	not	not	PART
ajfa-15640	112	21	on	on	ADP
ajfa-15640	112	22	profitability	profitability	NOUN
ajfa-15640	112	23	.	.	PUNCT
ajfa-15640	113	1	thus	thus	ADV
ajfa-15640	113	2	,	,	PUNCT
ajfa-15640	113	3	the	the	DET
ajfa-15640	113	4	second	second	ADJ
ajfa-15640	113	5	hypothesis	hypothesis	NOUN
ajfa-15640	113	6	is	be	AUX
ajfa-15640	113	7	:	:	PUNCT
ajfa-15640	113	8	h03	h03	NOUN
ajfa-15640	113	9	:	:	PUNCT
ajfa-15640	113	10	the	the	DET
ajfa-15640	113	11	financial	financial	ADJ
ajfa-15640	113	12	factors	factor	NOUN
ajfa-15640	113	13	have	have	VERB
ajfa-15640	113	14	no	no	DET
ajfa-15640	113	15	relationship	relationship	NOUN
ajfa-15640	113	16	with	with	ADP
ajfa-15640	113	17	profitability	profitability	NOUN
ajfa-15640	113	18	of	of	ADP
ajfa-15640	113	19	jordanian	jordanian	ADJ
ajfa-15640	113	20	manufacturing	manufacturing	NOUN
ajfa-15640	113	21	firms	firm	NOUN
ajfa-15640	113	22	listed	list	VERB
ajfa-15640	113	23	in	in	ADP
ajfa-15640	113	24	ase	ase	PROPN
ajfa-15640	113	25	.	.	PROPN
ajfa-15640	113	26	4	4	NUM
ajfa-15640	113	27	.	.	X
ajfa-15640	113	28	research	research	NOUN
ajfa-15640	113	29	methodology	methodology	NOUN
ajfa-15640	113	30	the	the	DET
ajfa-15640	113	31	research	research	NOUN
ajfa-15640	113	32	population	population	NOUN
ajfa-15640	113	33	that	that	PRON
ajfa-15640	113	34	consists	consist	VERB
ajfa-15640	113	35	of	of	ADP
ajfa-15640	113	36	jordanian	jordanian	ADJ
ajfa-15640	113	37	manufacturing	manufacturing	NOUN
ajfa-15640	113	38	firms	firm	NOUN
ajfa-15640	113	39	listed	list	VERB
ajfa-15640	113	40	at	at	ADP
ajfa-15640	113	41	ase	ase	NOUN
ajfa-15640	113	42	during	during	ADP
ajfa-15640	113	43	the	the	DET
ajfa-15640	113	44	period	period	NOUN
ajfa-15640	113	45	2016	2016	NUM
ajfa-15640	113	46	-	-	SYM
ajfa-15640	113	47	2018	2018	NUM
ajfa-15640	113	48	was	be	AUX
ajfa-15640	113	49	characterized	characterize	VERB
ajfa-15640	113	50	by	by	ADP
ajfa-15640	113	51	heterogeneity	heterogeneity	NOUN
ajfa-15640	113	52	within	within	ADP
ajfa-15640	113	53	firms	firm	NOUN
ajfa-15640	113	54	.	.	PUNCT
ajfa-15640	114	1	of	of	ADP
ajfa-15640	114	2	the	the	DET
ajfa-15640	114	3	63	63	NUM
ajfa-15640	114	4	companies	company	NOUN
ajfa-15640	114	5	,	,	PUNCT
ajfa-15640	114	6	only	only	ADV
ajfa-15640	114	7	38	38	NUM
ajfa-15640	114	8	were	be	AUX
ajfa-15640	114	9	extracted	extract	VERB
ajfa-15640	114	10	.	.	PUNCT
ajfa-15640	115	1	the	the	DET
ajfa-15640	115	2	sample	sample	NOUN
ajfa-15640	115	3	that	that	PRON
ajfa-15640	115	4	has	have	AUX
ajfa-15640	115	5	been	be	AUX
ajfa-15640	115	6	employed	employ	VERB
ajfa-15640	115	7	after	after	ADP
ajfa-15640	115	8	adjusting	adjust	VERB
ajfa-15640	115	9	its	its	PRON
ajfa-15640	115	10	extreme	extreme	ADJ
ajfa-15640	115	11	values	value	NOUN
ajfa-15640	115	12	is	be	AUX
ajfa-15640	115	13	characterized	characterize	VERB
ajfa-15640	115	14	by	by	ADP
ajfa-15640	115	15	more	more	ADJ
ajfa-15640	115	16	homogeneity	homogeneity	NOUN
ajfa-15640	115	17	among	among	ADP
ajfa-15640	115	18	firms	firm	NOUN
ajfa-15640	115	19	.	.	PUNCT
ajfa-15640	116	1	i	i	PRON
ajfa-15640	116	2	have	have	AUX
ajfa-15640	116	3	excluded	exclude	VERB
ajfa-15640	116	4	both	both	PRON
ajfa-15640	116	5	service	service	NOUN
ajfa-15640	116	6	and	and	CCONJ
ajfa-15640	116	7	financial	financial	ADJ
ajfa-15640	116	8	sectors	sector	NOUN
ajfa-15640	116	9	because	because	SCONJ
ajfa-15640	116	10	working	work	VERB
ajfa-15640	116	11	capital	capital	NOUN
ajfa-15640	116	12	management	management	NOUN
ajfa-15640	116	13	does	do	AUX
ajfa-15640	116	14	not	not	PART
ajfa-15640	116	15	have	have	VERB
ajfa-15640	116	16	a	a	DET
ajfa-15640	116	17	large	large	ADJ
ajfa-15640	116	18	proportion	proportion	NOUN
ajfa-15640	116	19	of	of	ADP
ajfa-15640	116	20	total	total	ADJ
ajfa-15640	116	21	assets	asset	NOUN
ajfa-15640	116	22	that	that	PRON
ajfa-15640	116	23	could	could	AUX
ajfa-15640	116	24	affect	affect	VERB
ajfa-15640	116	25	profitability	profitability	NOUN
ajfa-15640	116	26	explicitly	explicitly	ADV
ajfa-15640	116	27	.	.	PUNCT
ajfa-15640	117	1	in	in	ADP
ajfa-15640	117	2	addition	addition	NOUN
ajfa-15640	117	3	,	,	PUNCT
ajfa-15640	117	4	i	i	PRON
ajfa-15640	117	5	have	have	AUX
ajfa-15640	117	6	used	use	VERB
ajfa-15640	117	7	the	the	DET
ajfa-15640	117	8	annual	annual	ADJ
ajfa-15640	117	9	financial	financial	ADJ
ajfa-15640	117	10	statements	statement	NOUN
ajfa-15640	117	11	published	publish	VERB
ajfa-15640	117	12	on	on	ADP
ajfa-15640	117	13	the	the	DET
ajfa-15640	117	14	website	website	NOUN
ajfa-15640	117	15	of	of	ADP
ajfa-15640	117	16	ase	ase	PROPN
ajfa-15640	117	17	to	to	PART
ajfa-15640	117	18	compute	compute	VERB
ajfa-15640	117	19	the	the	DET
ajfa-15640	117	20	study	study	NOUN
ajfa-15640	117	21	variables	variable	VERB
ajfa-15640	117	22	.	.	PUNCT
ajfa-15640	118	1	4.1	4.1	NUM
ajfa-15640	118	2	measurement	measurement	NOUN
ajfa-15640	118	3	of	of	ADP
ajfa-15640	118	4	variables	variable	NOUN
ajfa-15640	118	5	the	the	DET
ajfa-15640	118	6	cash	cash	NOUN
ajfa-15640	118	7	conversion	conversion	NOUN
ajfa-15640	118	8	cycle	cycle	NOUN
ajfa-15640	118	9	(	(	PUNCT
ajfa-15640	118	10	ccc	ccc	PROPN
ajfa-15640	118	11	)	)	PUNCT
ajfa-15640	118	12	was	be	AUX
ajfa-15640	118	13	propounded	propound	VERB
ajfa-15640	118	14	by	by	ADP
ajfa-15640	118	15	hager	hager	NOUN
ajfa-15640	118	16	(	(	PUNCT
ajfa-15640	118	17	1976	1976	NUM
ajfa-15640	118	18	)	)	PUNCT
ajfa-15640	118	19	and	and	CCONJ
ajfa-15640	118	20	it	it	PRON
ajfa-15640	118	21	was	be	AUX
ajfa-15640	118	22	used	use	VERB
ajfa-15640	118	23	by	by	ADP
ajfa-15640	118	24	many	many	ADJ
ajfa-15640	118	25	researchers	researcher	NOUN
ajfa-15640	118	26	(	(	PUNCT
ajfa-15640	118	27	thuvarakan	thuvarakan	VERB
ajfa-15640	118	28	,	,	PUNCT
ajfa-15640	118	29	2012	2012	NUM
ajfa-15640	118	30	)	)	PUNCT
ajfa-15640	118	31	.	.	PUNCT
ajfa-15640	119	1	the	the	DET
ajfa-15640	119	2	correct	correct	ADJ
ajfa-15640	119	3	policy	policy	NOUN
ajfa-15640	119	4	of	of	ADP
ajfa-15640	119	5	working	work	VERB
ajfa-15640	119	6	capital	capital	NOUN
ajfa-15640	119	7	management	management	NOUN
ajfa-15640	119	8	is	be	AUX
ajfa-15640	119	9	minimizing	minimize	VERB
ajfa-15640	119	10	the	the	DET
ajfa-15640	119	11	time	time	NOUN
ajfa-15640	119	12	between	between	ADP
ajfa-15640	119	13	expenses	expense	NOUN
ajfa-15640	119	14	for	for	ADP
ajfa-15640	119	15	getting	get	VERB
ajfa-15640	119	16	inventory	inventory	NOUN
ajfa-15640	119	17	and	and	CCONJ
ajfa-15640	119	18	cash	cash	NOUN
ajfa-15640	119	19	reception	reception	NOUN
ajfa-15640	119	20	resulted	result	VERB
ajfa-15640	119	21	from	from	ADP
ajfa-15640	119	22	selling	sell	VERB
ajfa-15640	119	23	it	it	PRON
ajfa-15640	119	24	(	(	PUNCT
ajfa-15640	119	25	banomyong	banomyong	ADJ
ajfa-15640	119	26	,	,	PUNCT
ajfa-15640	119	27	2005	2005	NUM
ajfa-15640	119	28	)	)	PUNCT
ajfa-15640	119	29	.	.	PUNCT
ajfa-15640	120	1	the	the	DET
ajfa-15640	120	2	ccc	ccc	PROPN
ajfa-15640	120	3	is	be	AUX
ajfa-15640	120	4	the	the	DET
ajfa-15640	120	5	sum	sum	NOUN
ajfa-15640	120	6	of	of	ADP
ajfa-15640	120	7	inventory	inventory	NOUN
ajfa-15640	120	8	period	period	NOUN
ajfa-15640	120	9	(	(	PUNCT
ajfa-15640	120	10	ivp	ivp	NOUN
ajfa-15640	120	11	)	)	PUNCT
ajfa-15640	120	12	and	and	CCONJ
ajfa-15640	120	13	accounts	account	VERB
ajfa-15640	120	14	receivables	receivables	NOUN
ajfa-15640	120	15	period	period	NOUN
ajfa-15640	120	16	(	(	PUNCT
ajfa-15640	120	17	rvp	rvp	NOUN
ajfa-15640	120	18	)	)	PUNCT
ajfa-15640	120	19	subtract	subtract	NOUN
ajfa-15640	120	20	accounts	account	NOUN
ajfa-15640	120	21	payable	payable	ADJ
ajfa-15640	120	22	period	period	NOUN
ajfa-15640	120	23	(	(	PUNCT
ajfa-15640	120	24	pyp	pyp	PROPN
ajfa-15640	120	25	)	)	PUNCT
ajfa-15640	120	26	as	as	SCONJ
ajfa-15640	120	27	mentioned	mention	VERB
ajfa-15640	120	28	earlier	early	ADV
ajfa-15640	120	29	in	in	ADP
ajfa-15640	120	30	the	the	DET
ajfa-15640	120	31	equation	equation	NOUN
ajfa-15640	120	32	(	(	PUNCT
ajfa-15640	120	33	2	2	NUM
ajfa-15640	120	34	)	)	PUNCT
ajfa-15640	120	35	,	,	PUNCT
ajfa-15640	120	36	where	where	SCONJ
ajfa-15640	120	37	ivp	ivp	VERB
ajfa-15640	120	38	=	=	PUNCT
ajfa-15640	120	39	(	(	PUNCT
ajfa-15640	120	40	average	average	ADJ
ajfa-15640	120	41	inventory	inventory	NOUN
ajfa-15640	120	42	/	/	SYM
ajfa-15640	120	43	annual	annual	ADJ
ajfa-15640	120	44	cost	cost	NOUN
ajfa-15640	120	45	of	of	ADP
ajfa-15640	120	46	goods	good	NOUN
ajfa-15640	120	47	sold	sell	VERB
ajfa-15640	120	48	)	)	PUNCT
ajfa-15640	120	49	×	×	NOUN
ajfa-15640	120	50	365	365	NUM
ajfa-15640	120	51	(	(	PUNCT
ajfa-15640	120	52	3	3	NUM
ajfa-15640	120	53	)	)	PUNCT
ajfa-15640	120	54	rvp	rvp	NOUN
ajfa-15640	120	55	=	=	PUNCT
ajfa-15640	120	56	(	(	PUNCT
ajfa-15640	120	57	average	average	ADJ
ajfa-15640	120	58	receivables	receivables	NOUN
ajfa-15640	120	59	/	/	SYM
ajfa-15640	120	60	annual	annual	ADJ
ajfa-15640	120	61	sales	sale	NOUN
ajfa-15640	120	62	)	)	PUNCT
ajfa-15640	120	63	×	×	NOUN
ajfa-15640	120	64	365	365	NUM
ajfa-15640	120	65	(	(	PUNCT
ajfa-15640	120	66	4	4	NUM
ajfa-15640	120	67	)	)	PUNCT
ajfa-15640	120	68	pyp	pyp	NOUN
ajfa-15640	120	69	=	=	PUNCT
ajfa-15640	120	70	(	(	PUNCT
ajfa-15640	120	71	average	average	ADJ
ajfa-15640	120	72	payables	payable	NOUN
ajfa-15640	120	73	/	/	SYM
ajfa-15640	120	74	annual	annual	ADJ
ajfa-15640	120	75	cost	cost	NOUN
ajfa-15640	120	76	of	of	ADP
ajfa-15640	120	77	goods	good	NOUN
ajfa-15640	120	78	sold	sell	VERB
ajfa-15640	120	79	)	)	PUNCT
ajfa-15640	120	80	×	×	NOUN
ajfa-15640	120	81	365	365	NUM
ajfa-15640	120	82	(	(	PUNCT
ajfa-15640	120	83	5	5	NUM
ajfa-15640	120	84	)	)	PUNCT
ajfa-15640	120	85	for	for	ADP
ajfa-15640	120	86	profitability	profitability	NOUN
ajfa-15640	120	87	,	,	PUNCT
ajfa-15640	120	88	the	the	DET
ajfa-15640	120	89	return	return	NOUN
ajfa-15640	120	90	on	on	ADP
ajfa-15640	120	91	assets	asset	NOUN
ajfa-15640	120	92	(	(	PUNCT
ajfa-15640	120	93	roa	roa	NOUN
ajfa-15640	120	94	)	)	PUNCT
ajfa-15640	120	95	indicator	indicator	NOUN
ajfa-15640	120	96	expresses	express	VERB
ajfa-15640	120	97	the	the	DET
ajfa-15640	120	98	company	company	NOUN
ajfa-15640	120	99	’s	’s	PART
ajfa-15640	120	100	ability	ability	NOUN
ajfa-15640	120	101	to	to	PART
ajfa-15640	120	102	generate	generate	VERB
ajfa-15640	120	103	profit	profit	NOUN
ajfa-15640	120	104	because	because	SCONJ
ajfa-15640	120	105	of	of	ADP
ajfa-15640	120	106	the	the	DET
ajfa-15640	120	107	productive	productive	ADJ
ajfa-15640	120	108	use	use	NOUN
ajfa-15640	120	109	of	of	ADP
ajfa-15640	120	110	resources	resource	NOUN
ajfa-15640	120	111	and	and	CCONJ
ajfa-15640	120	112	efficient	efficient	ADJ
ajfa-15640	120	113	management	management	NOUN
ajfa-15640	120	114	.	.	PUNCT
ajfa-15640	121	1	roa	roa	PROPN
ajfa-15640	121	2	is	be	AUX
ajfa-15640	121	3	employed	employ	VERB
ajfa-15640	121	4	in	in	ADP
ajfa-15640	121	5	many	many	ADJ
ajfa-15640	121	6	prior	prior	ADJ
ajfa-15640	121	7	studies	study	NOUN
ajfa-15640	121	8	as	as	ADP
ajfa-15640	121	9	a	a	DET
ajfa-15640	121	10	proxy	proxy	NOUN
ajfa-15640	121	11	for	for	ADP
ajfa-15640	121	12	performance	performance	NOUN
ajfa-15640	121	13	(	(	PUNCT
ajfa-15640	121	14	e.g.	e.g.	ADV
ajfa-15640	121	15	,	,	PUNCT
ajfa-15640	121	16	tufail	tufail	NOUN
ajfa-15640	121	17	,	,	PUNCT
ajfa-15640	121	18	2013	2013	NUM
ajfa-15640	121	19	):	):	PUNCT
ajfa-15640	121	20	roa	roa	PROPN
ajfa-15640	121	21	=	=	PROPN
ajfa-15640	121	22	net	net	ADJ
ajfa-15640	121	23	income	income	NOUN
ajfa-15640	121	24	/	/	SYM
ajfa-15640	121	25	average	average	ADJ
ajfa-15640	121	26	total	total	ADJ
ajfa-15640	121	27	assets	asset	NOUN
ajfa-15640	121	28	(	(	PUNCT
ajfa-15640	121	29	6	6	NUM
ajfa-15640	121	30	)	)	PUNCT
ajfa-15640	121	31	decision	decision	NOUN
ajfa-15640	121	32	making	make	VERB
ajfa-15640	121	33	in	in	ADP
ajfa-15640	121	34	maximizing	maximize	VERB
ajfa-15640	121	35	profitability	profitability	NOUN
ajfa-15640	121	36	is	be	AUX
ajfa-15640	121	37	very	very	ADV
ajfa-15640	121	38	much	much	ADV
ajfa-15640	121	39	susceptible	susceptible	ADJ
ajfa-15640	121	40	issue	issue	NOUN
ajfa-15640	121	41	to	to	ADP
ajfa-15640	121	42	all	all	DET
ajfa-15640	121	43	firms	firm	NOUN
ajfa-15640	121	44	due	due	ADP
ajfa-15640	121	45	to	to	ADP
ajfa-15640	121	46	its	its	PRON
ajfa-15640	121	47	internal	internal	ADJ
ajfa-15640	121	48	and	and	CCONJ
ajfa-15640	121	49	external	external	ADJ
ajfa-15640	121	50	effects	effect	NOUN
ajfa-15640	121	51	on	on	ADP
ajfa-15640	121	52	firms	firm	NOUN
ajfa-15640	121	53	.	.	PUNCT
ajfa-15640	122	1	several	several	ADJ
ajfa-15640	122	2	empirical	empirical	ADJ
ajfa-15640	122	3	studies	study	NOUN
ajfa-15640	122	4	have	have	AUX
ajfa-15640	122	5	either	either	CCONJ
ajfa-15640	122	6	examined	examine	VERB
ajfa-15640	122	7	the	the	DET
ajfa-15640	122	8	relationship	relationship	NOUN
ajfa-15640	122	9	between	between	ADP
ajfa-15640	122	10	working	work	VERB
ajfa-15640	122	11	capital	capital	NOUN
ajfa-15640	122	12	management	management	NOUN
ajfa-15640	122	13	and	and	CCONJ
ajfa-15640	122	14	profitability	profitability	NOUN
ajfa-15640	122	15	as	as	ADP
ajfa-15640	122	16	a	a	DET
ajfa-15640	122	17	main	main	ADJ
ajfa-15640	122	18	independent	independent	ADJ
ajfa-15640	122	19	asian	asian	ADJ
ajfa-15640	122	20	journal	journal	NOUN
ajfa-15640	122	21	of	of	ADP
ajfa-15640	122	22	finance	finance	PROPN
ajfa-15640	122	23	&	&	CCONJ
ajfa-15640	122	24	accounting	accounting	PROPN
ajfa-15640	122	25	issn	issn	PROPN
ajfa-15640	122	26	1946	1946	NUM
ajfa-15640	122	27	-	-	PUNCT
ajfa-15640	122	28	052x	052x	PROPN
ajfa-15640	122	29	2019	2019	NUM
ajfa-15640	122	30	,	,	PUNCT
ajfa-15640	122	31	vol	vol	NOUN
ajfa-15640	122	32	.	.	PROPN
ajfa-15640	123	1	11	11	NUM
ajfa-15640	123	2	,	,	PUNCT
ajfa-15640	123	3	no	no	INTJ
ajfa-15640	123	4	.	.	NOUN
ajfa-15640	123	5	2	2	NUM
ajfa-15640	123	6	ajfa.macrothink.org/	ajfa.macrothink.org/	NOUN
ajfa-15640	123	7	88	88	NUM
ajfa-15640	123	8	factor	factor	NOUN
ajfa-15640	123	9	affecting	affect	VERB
ajfa-15640	123	10	the	the	DET
ajfa-15640	123	11	profitability	profitability	NOUN
ajfa-15640	123	12	(	(	PUNCT
ajfa-15640	123	13	deloof	deloof	NOUN
ajfa-15640	123	14	,	,	PUNCT
ajfa-15640	123	15	2003	2003	NUM
ajfa-15640	123	16	)	)	PUNCT
ajfa-15640	123	17	or	or	CCONJ
ajfa-15640	123	18	examined	examine	VERB
ajfa-15640	123	19	other	other	ADJ
ajfa-15640	123	20	financial	financial	ADJ
ajfa-15640	123	21	factors	factor	NOUN
ajfa-15640	123	22	that	that	PRON
ajfa-15640	123	23	showing	show	VERB
ajfa-15640	123	24	the	the	DET
ajfa-15640	123	25	impact	impact	NOUN
ajfa-15640	123	26	on	on	ADP
ajfa-15640	123	27	profitability	profitability	NOUN
ajfa-15640	123	28	(	(	PUNCT
ajfa-15640	123	29	burja	burja	ADJ
ajfa-15640	123	30	,	,	PUNCT
ajfa-15640	123	31	2011	2011	NUM
ajfa-15640	123	32	)	)	PUNCT
ajfa-15640	123	33	such	such	ADJ
ajfa-15640	123	34	as	as	ADP
ajfa-15640	123	35	:	:	PUNCT
ajfa-15640	123	36	debt	debt	NOUN
ajfa-15640	123	37	ratio	ratio	NOUN
ajfa-15640	123	38	(	(	PUNCT
ajfa-15640	123	39	lev	lev	NOUN
ajfa-15640	123	40	)	)	PUNCT
ajfa-15640	123	41	,	,	PUNCT
ajfa-15640	123	42	fixed	fix	VERB
ajfa-15640	123	43	assets	asset	NOUN
ajfa-15640	123	44	ratio	ratio	NOUN
ajfa-15640	123	45	(	(	PUNCT
ajfa-15640	123	46	far	far	ADV
ajfa-15640	123	47	)	)	PUNCT
ajfa-15640	123	48	,	,	PUNCT
ajfa-15640	123	49	expenses	expense	VERB
ajfa-15640	123	50	revenue	revenue	NOUN
ajfa-15640	123	51	ratio	ratio	NOUN
ajfa-15640	123	52	(	(	PUNCT
ajfa-15640	123	53	err	err	NOUN
ajfa-15640	123	54	)	)	PUNCT
ajfa-15640	123	55	and	and	CCONJ
ajfa-15640	123	56	firm	firm	ADJ
ajfa-15640	123	57	size	size	NOUN
ajfa-15640	123	58	(	(	PUNCT
ajfa-15640	123	59	fs	fs	NOUN
ajfa-15640	123	60	)	)	PUNCT
ajfa-15640	123	61	as	as	SCONJ
ajfa-15640	123	62	follows	follow	VERB
ajfa-15640	123	63	:	:	PUNCT
ajfa-15640	123	64	lev	lev	NOUN
ajfa-15640	123	65	=	=	SYM
ajfa-15640	123	66	total	total	ADJ
ajfa-15640	123	67	debt	debt	NOUN
ajfa-15640	123	68	/	/	SYM
ajfa-15640	123	69	total	total	ADJ
ajfa-15640	123	70	assets	asset	NOUN
ajfa-15640	123	71	(	(	PUNCT
ajfa-15640	123	72	7	7	X
ajfa-15640	123	73	)	)	PUNCT
ajfa-15640	123	74	far	far	ADV
ajfa-15640	123	75	=	=	SYM
ajfa-15640	123	76	fixed	fix	VERB
ajfa-15640	123	77	assets	asset	NOUN
ajfa-15640	123	78	/	/	SYM
ajfa-15640	123	79	total	total	ADJ
ajfa-15640	123	80	assets	asset	NOUN
ajfa-15640	123	81	(	(	PUNCT
ajfa-15640	123	82	8)	8)	NUM
ajfa-15640	123	83	err	err	NOUN
ajfa-15640	123	84	=	=	SYM
ajfa-15640	123	85	operating	operating	NOUN
ajfa-15640	123	86	costs	cost	NOUN
ajfa-15640	123	87	/	/	SYM
ajfa-15640	123	88	operating	operate	VERB
ajfa-15640	123	89	income	income	NOUN
ajfa-15640	123	90	(	(	PUNCT
ajfa-15640	123	91	9	9	NUM
ajfa-15640	123	92	)	)	PUNCT
ajfa-15640	123	93	fs	fs	NOUN
ajfa-15640	123	94	=	=	PUNCT
ajfa-15640	123	95	log	log	NOUN
ajfa-15640	123	96	of	of	ADP
ajfa-15640	123	97	total	total	ADJ
ajfa-15640	123	98	assets	asset	NOUN
ajfa-15640	123	99	(	(	PUNCT
ajfa-15640	123	100	10	10	NUM
ajfa-15640	123	101	)	)	PUNCT
ajfa-15640	123	102	4.2	4.2	NUM
ajfa-15640	123	103	the	the	DET
ajfa-15640	123	104	general	general	ADJ
ajfa-15640	123	105	research	research	NOUN
ajfa-15640	123	106	model	model	NOUN
ajfa-15640	123	107	the	the	DET
ajfa-15640	123	108	following	follow	VERB
ajfa-15640	123	109	model	model	NOUN
ajfa-15640	123	110	the	the	PRON
ajfa-15640	123	111	must	must	AUX
ajfa-15640	123	112	be	be	AUX
ajfa-15640	123	113	tested	test	VERB
ajfa-15640	123	114	the	the	DET
ajfa-15640	123	115	relationship	relationship	NOUN
ajfa-15640	123	116	between	between	ADP
ajfa-15640	123	117	working	work	VERB
ajfa-15640	123	118	capital	capital	NOUN
ajfa-15640	123	119	management	management	NOUN
ajfa-15640	123	120	(	(	PUNCT
ajfa-15640	123	121	wcm	wcm	NOUN
ajfa-15640	123	122	)	)	PUNCT
ajfa-15640	123	123	and	and	CCONJ
ajfa-15640	123	124	other	other	ADJ
ajfa-15640	123	125	financial	financial	ADJ
ajfa-15640	123	126	factors	factor	NOUN
ajfa-15640	123	127	related	relate	VERB
ajfa-15640	123	128	to	to	ADP
ajfa-15640	123	129	wcm	wcm	NOUN
ajfa-15640	123	130	having	have	VERB
ajfa-15640	123	131	impact	impact	NOUN
ajfa-15640	123	132	upon	upon	SCONJ
ajfa-15640	123	133	profitability	profitability	NOUN
ajfa-15640	123	134	is	be	AUX
ajfa-15640	123	135	:	:	PUNCT
ajfa-15640	123	136	roa	roa	PROPN
ajfa-15640	123	137	=	=	PUNCT
ajfa-15640	123	138	α+	α+	PUNCT
ajfa-15640	123	139	β1	β1	PROPN
ajfa-15640	123	140	(	(	PUNCT
ajfa-15640	123	141	wcm	wcm	NOUN
ajfa-15640	123	142	)	)	PUNCT
ajfa-15640	123	143	+	+	CCONJ
ajfa-15640	123	144	β2	β2	NOUN
ajfa-15640	123	145	(	(	PUNCT
ajfa-15640	123	146	lev	lev	NOUN
ajfa-15640	123	147	)	)	PUNCT
ajfa-15640	123	148	+	+	CCONJ
ajfa-15640	123	149	β3	β3	ADJ
ajfa-15640	123	150	(	(	PUNCT
ajfa-15640	123	151	far	far	ADV
ajfa-15640	123	152	)	)	PUNCT
ajfa-15640	123	153	+	+	CCONJ
ajfa-15640	123	154	β4	β4	PROPN
ajfa-15640	123	155	(	(	PUNCT
ajfa-15640	123	156	err	err	NOUN
ajfa-15640	123	157	)	)	PUNCT
ajfa-15640	123	158	+	+	CCONJ
ajfa-15640	124	1	β5	β5	NOUN
ajfa-15640	124	2	(	(	PUNCT
ajfa-15640	124	3	fs	fs	PROPN
ajfa-15640	124	4	)	)	PUNCT
ajfa-15640	124	5	+	+	CCONJ
ajfa-15640	124	6	ε	ε	PROPN
ajfa-15640	124	7	5	5	NUM
ajfa-15640	124	8	.	.	PUNCT
ajfa-15640	124	9	analysis	analysis	NOUN
ajfa-15640	124	10	and	and	CCONJ
ajfa-15640	124	11	results	result	NOUN
ajfa-15640	124	12	as	as	SCONJ
ajfa-15640	124	13	i	i	PRON
ajfa-15640	124	14	mentioned	mention	VERB
ajfa-15640	124	15	before	before	ADV
ajfa-15640	124	16	,	,	PUNCT
ajfa-15640	124	17	the	the	DET
ajfa-15640	124	18	research	research	NOUN
ajfa-15640	124	19	population	population	NOUN
ajfa-15640	124	20	that	that	PRON
ajfa-15640	124	21	was	be	AUX
ajfa-15640	124	22	characterized	characterize	VERB
ajfa-15640	124	23	by	by	ADP
ajfa-15640	124	24	heterogeneity	heterogeneity	NOUN
ajfa-15640	124	25	within	within	ADP
ajfa-15640	124	26	firms	firm	NOUN
ajfa-15640	124	27	consists	consist	VERB
ajfa-15640	124	28	of	of	ADP
ajfa-15640	124	29	jordanian	jordanian	ADJ
ajfa-15640	124	30	manufacturing	manufacturing	NOUN
ajfa-15640	124	31	firms	firm	NOUN
ajfa-15640	124	32	listed	list	VERB
ajfa-15640	124	33	at	at	ADP
ajfa-15640	124	34	ase	ase	NOUN
ajfa-15640	124	35	during	during	ADP
ajfa-15640	124	36	the	the	DET
ajfa-15640	124	37	period	period	NOUN
ajfa-15640	124	38	2016	2016	NUM
ajfa-15640	124	39	-	-	SYM
ajfa-15640	124	40	2018	2018	NUM
ajfa-15640	124	41	.	.	PUNCT
ajfa-15640	125	1	of	of	ADP
ajfa-15640	125	2	the	the	DET
ajfa-15640	125	3	63	63	NUM
ajfa-15640	125	4	companies	company	NOUN
ajfa-15640	125	5	,	,	PUNCT
ajfa-15640	125	6	only	only	ADV
ajfa-15640	125	7	38	38	NUM
ajfa-15640	125	8	were	be	AUX
ajfa-15640	125	9	extracted	extract	VERB
ajfa-15640	125	10	.	.	PUNCT
ajfa-15640	126	1	even	even	ADV
ajfa-15640	126	2	the	the	DET
ajfa-15640	126	3	sample	sample	NOUN
ajfa-15640	126	4	that	that	PRON
ajfa-15640	126	5	has	have	AUX
ajfa-15640	126	6	been	be	AUX
ajfa-15640	126	7	employed	employ	VERB
ajfa-15640	126	8	has	have	AUX
ajfa-15640	126	9	been	be	AUX
ajfa-15640	126	10	adjusted	adjust	VERB
ajfa-15640	126	11	by	by	ADP
ajfa-15640	126	12	treating	treat	VERB
ajfa-15640	126	13	its	its	PRON
ajfa-15640	126	14	extreme	extreme	ADJ
ajfa-15640	126	15	values	value	NOUN
ajfa-15640	126	16	through	through	ADP
ajfa-15640	126	17	demonstrating	demonstrate	VERB
ajfa-15640	126	18	the	the	DET
ajfa-15640	126	19	1.5	1.5	NUM
ajfa-15640	126	20	iqrs	iqrs	NOUN
ajfa-15640	126	21	to	to	PART
ajfa-15640	126	22	be	be	AUX
ajfa-15640	126	23	more	more	ADJ
ajfa-15640	126	24	homogeneity	homogeneity	NOUN
ajfa-15640	126	25	among	among	ADP
ajfa-15640	126	26	firms	firm	NOUN
ajfa-15640	126	27	.	.	PUNCT
ajfa-15640	127	1	table	table	NOUN
ajfa-15640	127	2	1	1	NUM
ajfa-15640	127	3	.	.	PUNCT
ajfa-15640	128	1	descriptive	descriptive	ADJ
ajfa-15640	128	2	analysis	analysis	NOUN
ajfa-15640	128	3	variables	variable	NOUN
ajfa-15640	128	4	mean	mean	VERB
ajfa-15640	128	5	std	std	X
ajfa-15640	128	6	.	.	PUNCT
ajfa-15640	129	1	deviation	deviation	NOUN
ajfa-15640	129	2	roa	roa	PROPN
ajfa-15640	129	3	-0.019	-0.019	PROPN
ajfa-15640	129	4	0.060	0.060	NUM
ajfa-15640	129	5	ivp	ivp	VERB
ajfa-15640	129	6	206.897	206.897	NUM
ajfa-15640	129	7	168.105	168.105	NUM
ajfa-15640	129	8	rvp	rvp	PROPN
ajfa-15640	129	9	120.756	120.756	NUM
ajfa-15640	129	10	93.306	93.306	NUM
ajfa-15640	129	11	pyp	pyp	PROPN
ajfa-15640	129	12	86.442	86.442	NUM
ajfa-15640	129	13	33.714	33.714	NUM
ajfa-15640	129	14	ccc	ccc	NOUN
ajfa-15640	129	15	249.730	249.730	NUM
ajfa-15640	129	16	182.590	182.590	NUM
ajfa-15640	129	17	lev	lev	NOUN
ajfa-15640	129	18	0.412	0.412	NUM
ajfa-15640	129	19	0.332	0.332	NUM
ajfa-15640	129	20	far	far	ADV
ajfa-15640	129	21	0.413	0.413	NUM
ajfa-15640	129	22	0.212	0.212	NUM
ajfa-15640	129	23	err	err	NOUN
ajfa-15640	129	24	1.157	1.157	NUM
ajfa-15640	129	25	0.905	0.905	NUM
ajfa-15640	129	26	fs	fs	ADP
ajfa-15640	129	27	7.292	7.292	NUM
ajfa-15640	129	28	0.634	0.634	NUM
ajfa-15640	129	29	table	table	NOUN
ajfa-15640	129	30	(	(	PUNCT
ajfa-15640	129	31	1	1	NUM
ajfa-15640	129	32	)	)	PUNCT
ajfa-15640	129	33	presents	present	VERB
ajfa-15640	129	34	descriptive	descriptive	ADJ
ajfa-15640	129	35	statistics	statistic	NOUN
ajfa-15640	129	36	for	for	ADP
ajfa-15640	129	37	38	38	NUM
ajfa-15640	129	38	manufacturing	manufacturing	NOUN
ajfa-15640	129	39	firms	firm	NOUN
ajfa-15640	129	40	of	of	ADP
ajfa-15640	129	41	jordan	jordan	PROPN
ajfa-15640	129	42	in	in	ADP
ajfa-15640	129	43	the	the	DET
ajfa-15640	129	44	period	period	NOUN
ajfa-15640	129	45	of	of	ADP
ajfa-15640	129	46	three	three	NUM
ajfa-15640	129	47	years	year	NOUN
ajfa-15640	129	48	from	from	ADP
ajfa-15640	129	49	2016	2016	NUM
ajfa-15640	129	50	to	to	ADP
ajfa-15640	129	51	2018	2018	NUM
ajfa-15640	129	52	,	,	PUNCT
ajfa-15640	129	53	and	and	CCONJ
ajfa-15640	129	54	for	for	ADP
ajfa-15640	129	55	114	114	NUM
ajfa-15640	129	56	observations	observation	NOUN
ajfa-15640	129	57	.	.	PUNCT
ajfa-15640	130	1	results	result	NOUN
ajfa-15640	130	2	of	of	ADP
ajfa-15640	130	3	descriptive	descriptive	ADJ
ajfa-15640	130	4	statistics	statistic	NOUN
ajfa-15640	130	5	in	in	ADP
ajfa-15640	130	6	the	the	DET
ajfa-15640	130	7	table	table	NOUN
ajfa-15640	130	8	(	(	PUNCT
ajfa-15640	130	9	1	1	X
ajfa-15640	130	10	)	)	PUNCT
ajfa-15640	130	11	indicate	indicate	VERB
ajfa-15640	130	12	that	that	SCONJ
ajfa-15640	130	13	the	the	DET
ajfa-15640	130	14	mean	mean	ADJ
ajfa-15640	130	15	value	value	NOUN
ajfa-15640	130	16	of	of	ADP
ajfa-15640	130	17	roa	roa	PROPN
ajfa-15640	130	18	is	be	AUX
ajfa-15640	130	19	1.9	1.9	NUM
ajfa-15640	130	20	%	%	NOUN
ajfa-15640	130	21	,	,	PUNCT
ajfa-15640	130	22	and	and	CCONJ
ajfa-15640	130	23	the	the	DET
ajfa-15640	130	24	standard	standard	ADJ
ajfa-15640	130	25	deviation	deviation	NOUN
ajfa-15640	130	26	is	be	AUX
ajfa-15640	130	27	6	6	NUM
ajfa-15640	130	28	%	%	NOUN
ajfa-15640	130	29	.	.	PUNCT
ajfa-15640	131	1	it	it	PRON
ajfa-15640	131	2	means	mean	VERB
ajfa-15640	131	3	that	that	SCONJ
ajfa-15640	131	4	the	the	DET
ajfa-15640	131	5	value	value	NOUN
ajfa-15640	131	6	of	of	ADP
ajfa-15640	131	7	the	the	DET
ajfa-15640	131	8	profitability	profitability	NOUN
ajfa-15640	131	9	can	can	AUX
ajfa-15640	131	10	deviate	deviate	VERB
ajfa-15640	131	11	from	from	ADP
ajfa-15640	131	12	mean	mean	PROPN
ajfa-15640	131	13	to	to	ADP
ajfa-15640	131	14	both	both	DET
ajfa-15640	131	15	sides	side	NOUN
ajfa-15640	131	16	by	by	ADP
ajfa-15640	131	17	6	6	NUM
ajfa-15640	131	18	%	%	NOUN
ajfa-15640	131	19	.	.	PUNCT
ajfa-15640	132	1	the	the	DET
ajfa-15640	132	2	asian	asian	ADJ
ajfa-15640	132	3	journal	journal	PROPN
ajfa-15640	132	4	of	of	ADP
ajfa-15640	132	5	finance	finance	PROPN
ajfa-15640	132	6	&	&	CCONJ
ajfa-15640	132	7	accounting	accounting	PROPN
ajfa-15640	132	8	issn	issn	PROPN
ajfa-15640	132	9	1946	1946	NUM
ajfa-15640	132	10	-	-	PUNCT
ajfa-15640	132	11	052x	052x	PROPN
ajfa-15640	132	12	2019	2019	NUM
ajfa-15640	132	13	,	,	PUNCT
ajfa-15640	132	14	vol	vol	NOUN
ajfa-15640	132	15	.	.	PROPN
ajfa-15640	132	16	11	11	NUM
ajfa-15640	132	17	,	,	PUNCT
ajfa-15640	132	18	no	no	INTJ
ajfa-15640	132	19	.	.	NOUN
ajfa-15640	132	20	2	2	NUM
ajfa-15640	132	21	ajfa.macrothink.org/	ajfa.macrothink.org/	NOUN
ajfa-15640	132	22	89	89	NUM
ajfa-15640	132	23	average	average	NOUN
ajfa-15640	132	24	of	of	ADP
ajfa-15640	132	25	inventory	inventory	NOUN
ajfa-15640	132	26	period	period	NOUN
ajfa-15640	132	27	(	(	PUNCT
ajfa-15640	132	28	ivp	ivp	NOUN
ajfa-15640	132	29	)	)	PUNCT
ajfa-15640	132	30	for	for	ADP
ajfa-15640	132	31	firms	firm	NOUN
ajfa-15640	132	32	is	be	AUX
ajfa-15640	132	33	207	207	NUM
ajfa-15640	132	34	days	day	NOUN
ajfa-15640	132	35	which	which	PRON
ajfa-15640	132	36	shows	show	VERB
ajfa-15640	132	37	that	that	SCONJ
ajfa-15640	132	38	firms	firm	NOUN
ajfa-15640	132	39	take	take	VERB
ajfa-15640	132	40	on	on	ADP
ajfa-15640	132	41	average	average	ADJ
ajfa-15640	132	42	207	207	NUM
ajfa-15640	132	43	days	day	NOUN
ajfa-15640	132	44	from	from	ADP
ajfa-15640	132	45	purchasing	purchase	VERB
ajfa-15640	132	46	the	the	DET
ajfa-15640	132	47	inventory	inventory	NOUN
ajfa-15640	132	48	and	and	CCONJ
ajfa-15640	132	49	converting	convert	VERB
ajfa-15640	132	50	it	it	PRON
ajfa-15640	132	51	into	into	ADP
ajfa-15640	132	52	sales	sale	NOUN
ajfa-15640	132	53	.	.	PUNCT
ajfa-15640	133	1	average	average	NOUN
ajfa-15640	133	2	of	of	ADP
ajfa-15640	133	3	accounts	account	NOUN
ajfa-15640	133	4	receivable	receivable	ADJ
ajfa-15640	133	5	period	period	NOUN
ajfa-15640	133	6	(	(	PUNCT
ajfa-15640	133	7	rvp	rvp	NOUN
ajfa-15640	133	8	)	)	PUNCT
ajfa-15640	133	9	values	value	NOUN
ajfa-15640	133	10	is	be	AUX
ajfa-15640	133	11	121	121	NUM
ajfa-15640	133	12	days	day	NOUN
ajfa-15640	133	13	,	,	PUNCT
ajfa-15640	133	14	which	which	PRON
ajfa-15640	133	15	shows	show	VERB
ajfa-15640	133	16	that	that	SCONJ
ajfa-15640	133	17	firms	firm	NOUN
ajfa-15640	133	18	receive	receive	VERB
ajfa-15640	133	19	their	their	PRON
ajfa-15640	133	20	receivables	receivables	NOUN
ajfa-15640	133	21	from	from	ADP
ajfa-15640	133	22	customers	customer	NOUN
ajfa-15640	133	23	company	company	NOUN
ajfa-15640	133	24	through	through	ADP
ajfa-15640	133	25	four	four	NUM
ajfa-15640	133	26	months	month	NOUN
ajfa-15640	133	27	,	,	PUNCT
ajfa-15640	133	28	which	which	PRON
ajfa-15640	133	29	is	be	AUX
ajfa-15640	133	30	considered	consider	VERB
ajfa-15640	133	31	a	a	DET
ajfa-15640	133	32	relatively	relatively	ADV
ajfa-15640	133	33	long	long	ADJ
ajfa-15640	133	34	period	period	NOUN
ajfa-15640	133	35	.	.	PUNCT
ajfa-15640	134	1	mean	mean	ADJ
ajfa-15640	134	2	value	value	NOUN
ajfa-15640	134	3	of	of	ADP
ajfa-15640	134	4	accounts	account	NOUN
ajfa-15640	134	5	payable	payable	ADJ
ajfa-15640	134	6	period	period	NOUN
ajfa-15640	134	7	(	(	PUNCT
ajfa-15640	134	8	ivp	ivp	NOUN
ajfa-15640	134	9	)	)	PUNCT
ajfa-15640	134	10	for	for	ADP
ajfa-15640	134	11	the	the	DET
ajfa-15640	134	12	firms	firm	NOUN
ajfa-15640	134	13	on	on	ADP
ajfa-15640	134	14	average	average	ADJ
ajfa-15640	134	15	is	be	AUX
ajfa-15640	134	16	86	86	NUM
ajfa-15640	134	17	days	day	NOUN
ajfa-15640	134	18	,	,	PUNCT
ajfa-15640	134	19	which	which	PRON
ajfa-15640	134	20	indicates	indicate	VERB
ajfa-15640	134	21	that	that	SCONJ
ajfa-15640	134	22	on	on	ADP
ajfa-15640	134	23	average	average	ADJ
ajfa-15640	134	24	firm	firm	NOUN
ajfa-15640	134	25	,	,	PUNCT
ajfa-15640	134	26	pays	pay	VERB
ajfa-15640	134	27	to	to	ADP
ajfa-15640	134	28	its	its	PRON
ajfa-15640	134	29	creditors	creditor	NOUN
ajfa-15640	134	30	after	after	ADP
ajfa-15640	134	31	86	86	NUM
ajfa-15640	134	32	days	day	NOUN
ajfa-15640	134	33	.	.	PUNCT
ajfa-15640	135	1	the	the	DET
ajfa-15640	135	2	mean	mean	ADJ
ajfa-15640	135	3	value	value	NOUN
ajfa-15640	135	4	of	of	ADP
ajfa-15640	135	5	the	the	DET
ajfa-15640	135	6	cash	cash	NOUN
ajfa-15640	135	7	conversion	conversion	NOUN
ajfa-15640	135	8	cycle	cycle	NOUN
ajfa-15640	135	9	(	(	PUNCT
ajfa-15640	135	10	ccc	ccc	PROPN
ajfa-15640	135	11	)	)	PUNCT
ajfa-15640	135	12	is	be	AUX
ajfa-15640	135	13	250	250	NUM
ajfa-15640	135	14	days	day	NOUN
ajfa-15640	135	15	to	to	PART
ajfa-15640	135	16	convert	convert	VERB
ajfa-15640	135	17	the	the	DET
ajfa-15640	135	18	firm	firm	NOUN
ajfa-15640	135	19	's	's	PART
ajfa-15640	135	20	inventory	inventory	NOUN
ajfa-15640	135	21	into	into	ADP
ajfa-15640	135	22	cash	cash	NOUN
ajfa-15640	135	23	flows	flow	NOUN
ajfa-15640	135	24	from	from	ADP
ajfa-15640	135	25	sales	sale	NOUN
ajfa-15640	135	26	.	.	PUNCT
ajfa-15640	136	1	for	for	ADP
ajfa-15640	136	2	the	the	DET
ajfa-15640	136	3	firm	firm	ADJ
ajfa-15640	136	4	size	size	NOUN
ajfa-15640	136	5	(	(	PUNCT
ajfa-15640	136	6	fs	fs	NOUN
ajfa-15640	136	7	)	)	PUNCT
ajfa-15640	136	8	's	's	PART
ajfa-15640	136	9	descriptive	descriptive	ADJ
ajfa-15640	136	10	analysis	analysis	NOUN
ajfa-15640	136	11	,	,	PUNCT
ajfa-15640	136	12	the	the	DET
ajfa-15640	136	13	mean	mean	ADJ
ajfa-15640	136	14	value	value	NOUN
ajfa-15640	136	15	of	of	ADP
ajfa-15640	136	16	log	log	NOUN
ajfa-15640	136	17	of	of	ADP
ajfa-15640	136	18	sales	sale	NOUN
ajfa-15640	136	19	is	be	AUX
ajfa-15640	136	20	7.29	7.29	NUM
ajfa-15640	136	21	while	while	SCONJ
ajfa-15640	136	22	the	the	DET
ajfa-15640	136	23	standard	standard	ADJ
ajfa-15640	136	24	deviation	deviation	NOUN
ajfa-15640	136	25	is	be	AUX
ajfa-15640	136	26	0.63	0.63	NUM
ajfa-15640	136	27	.	.	PUNCT
ajfa-15640	137	1	for	for	ADP
ajfa-15640	137	2	the	the	DET
ajfa-15640	137	3	leverage	leverage	NOUN
ajfa-15640	137	4	(	(	PUNCT
ajfa-15640	137	5	lev	lev	NOUN
ajfa-15640	137	6	)	)	PUNCT
ajfa-15640	137	7	's	's	PART
ajfa-15640	137	8	descriptive	descriptive	ADJ
ajfa-15640	137	9	analysis	analysis	NOUN
ajfa-15640	137	10	,	,	PUNCT
ajfa-15640	137	11	the	the	DET
ajfa-15640	137	12	mean	mean	ADJ
ajfa-15640	137	13	value	value	NOUN
ajfa-15640	137	14	of	of	ADP
ajfa-15640	137	15	financial	financial	ADJ
ajfa-15640	137	16	leverage	leverage	NOUN
ajfa-15640	137	17	is	be	AUX
ajfa-15640	137	18	0.41	0.41	NUM
ajfa-15640	137	19	while	while	SCONJ
ajfa-15640	137	20	the	the	DET
ajfa-15640	137	21	standard	standard	ADJ
ajfa-15640	137	22	deviation	deviation	NOUN
ajfa-15640	137	23	is	be	AUX
ajfa-15640	137	24	0.33	0.33	NUM
ajfa-15640	137	25	.	.	PUNCT
ajfa-15640	138	1	for	for	ADP
ajfa-15640	138	2	the	the	DET
ajfa-15640	138	3	fixed	fix	VERB
ajfa-15640	138	4	assets	asset	NOUN
ajfa-15640	138	5	ratio	ratio	NOUN
ajfa-15640	138	6	(	(	PUNCT
ajfa-15640	138	7	far	far	ADV
ajfa-15640	138	8	)	)	PUNCT
ajfa-15640	138	9	's	's	PART
ajfa-15640	138	10	descriptive	descriptive	ADJ
ajfa-15640	138	11	analysis	analysis	NOUN
ajfa-15640	138	12	,	,	PUNCT
ajfa-15640	138	13	the	the	DET
ajfa-15640	138	14	mean	mean	ADJ
ajfa-15640	138	15	value	value	NOUN
ajfa-15640	138	16	of	of	ADP
ajfa-15640	138	17	fixed	fix	VERB
ajfa-15640	138	18	assets	asset	NOUN
ajfa-15640	138	19	ratio	ratio	NOUN
ajfa-15640	138	20	is	be	AUX
ajfa-15640	138	21	0.41	0.41	NUM
ajfa-15640	138	22	while	while	SCONJ
ajfa-15640	138	23	the	the	DET
ajfa-15640	138	24	standard	standard	ADJ
ajfa-15640	138	25	deviation	deviation	NOUN
ajfa-15640	138	26	is	be	AUX
ajfa-15640	138	27	0.21	0.21	NUM
ajfa-15640	138	28	.	.	PUNCT
ajfa-15640	139	1	for	for	ADP
ajfa-15640	139	2	the	the	DET
ajfa-15640	139	3	operating	operating	NOUN
ajfa-15640	139	4	expenses	expense	NOUN
ajfa-15640	139	5	to	to	ADP
ajfa-15640	139	6	operating	operate	VERB
ajfa-15640	139	7	income	income	NOUN
ajfa-15640	139	8	ratio	ratio	NOUN
ajfa-15640	139	9	(	(	PUNCT
ajfa-15640	139	10	err	err	NOUN
ajfa-15640	139	11	)	)	PUNCT
ajfa-15640	139	12	's	's	PART
ajfa-15640	139	13	descriptive	descriptive	ADJ
ajfa-15640	139	14	analysis	analysis	NOUN
ajfa-15640	139	15	,	,	PUNCT
ajfa-15640	139	16	the	the	DET
ajfa-15640	139	17	mean	mean	ADJ
ajfa-15640	139	18	value	value	NOUN
ajfa-15640	139	19	of	of	ADP
ajfa-15640	139	20	expenses	expense	NOUN
ajfa-15640	139	21	revenue	revenue	NOUN
ajfa-15640	139	22	ratio	ratio	NOUN
ajfa-15640	139	23	is	be	AUX
ajfa-15640	139	24	1.16	1.16	NUM
ajfa-15640	139	25	while	while	SCONJ
ajfa-15640	139	26	the	the	DET
ajfa-15640	139	27	standard	standard	ADJ
ajfa-15640	139	28	deviation	deviation	NOUN
ajfa-15640	139	29	is	be	AUX
ajfa-15640	139	30	0.91	0.91	NUM
ajfa-15640	139	31	.	.	PUNCT
ajfa-15640	140	1	table	table	NOUN
ajfa-15640	140	2	2	2	NUM
ajfa-15640	140	3	.	.	PUNCT
ajfa-15640	140	4	pearson	pearson	PROPN
ajfa-15640	140	5	correlation	correlation	PROPN
ajfa-15640	140	6	variables	variable	VERB
ajfa-15640	140	7	roa	roa	PROPN
ajfa-15640	140	8	ivp	ivp	PROPN
ajfa-15640	140	9	rvp	rvp	PROPN
ajfa-15640	140	10	pyp	pyp	PROPN
ajfa-15640	140	11	ccc	ccc	PROPN
ajfa-15640	140	12	lev	lev	NOUN
ajfa-15640	140	13	far	far	ADV
ajfa-15640	140	14	err	err	VERB
ajfa-15640	140	15	fs	fs	ADP
ajfa-15640	140	16	roa	roa	PROPN
ajfa-15640	140	17	1	1	NUM
ajfa-15640	140	18	p	p	NOUN
ajfa-15640	140	19	-	-	PUNCT
ajfa-15640	140	20	value	value	NOUN
ajfa-15640	140	21	ivp	ivp	X
ajfa-15640	140	22	-.585	-.585	NOUN
ajfa-15640	140	23	*	*	PUNCT
ajfa-15640	140	24	*	*	PROPN
ajfa-15640	140	25	1	1	NUM
ajfa-15640	140	26	p	p	NOUN
ajfa-15640	140	27	-	-	PUNCT
ajfa-15640	140	28	value	value	NOUN
ajfa-15640	140	29	0.000	0.000	NUM
ajfa-15640	140	30	rvp	rvp	NOUN
ajfa-15640	140	31	-.290	-.290	PROPN
ajfa-15640	140	32	*	*	PROPN
ajfa-15640	140	33	*	*	NOUN
ajfa-15640	140	34	-0.045	-0.045	PROPN
ajfa-15640	140	35	1	1	NUM
ajfa-15640	140	36	p	p	NOUN
ajfa-15640	140	37	-	-	PUNCT
ajfa-15640	140	38	value	value	NOUN
ajfa-15640	140	39	0.002	0.002	NUM
ajfa-15640	140	40	0.638	0.638	NUM
ajfa-15640	140	41	pyp	pyp	PROPN
ajfa-15640	140	42	-0.073	-0.073	PUNCT
ajfa-15640	140	43	0.039	0.039	NUM
ajfa-15640	140	44	.246	.246	NUM
ajfa-15640	140	45	*	*	PUNCT
ajfa-15640	141	1	*	*	PUNCT
ajfa-15640	141	2	1	1	NUM
ajfa-15640	141	3	p	p	NOUN
ajfa-15640	141	4	-	-	PUNCT
ajfa-15640	141	5	value	value	NOUN
ajfa-15640	141	6	0.443	0.443	NUM
ajfa-15640	141	7	0.68	0.68	NUM
ajfa-15640	141	8	0.008	0.008	NUM
ajfa-15640	141	9	ccc	ccc	NOUN
ajfa-15640	142	1	-.661	-.661	ADJ
ajfa-15640	142	2	*	*	PUNCT
ajfa-15640	142	3	*	*	NOUN
ajfa-15640	142	4	.839	.839	NUM
ajfa-15640	142	5	*	*	NOUN
ajfa-15640	142	6	*	*	NOUN
ajfa-15640	142	7	.431	.431	PUNCT
ajfa-15640	142	8	*	*	PUNCT
ajfa-15640	142	9	*	*	NOUN
ajfa-15640	142	10	0.03	0.03	NUM
ajfa-15640	142	11	1	1	NUM
ajfa-15640	142	12	p	p	NOUN
ajfa-15640	142	13	-	-	PUNCT
ajfa-15640	142	14	value	value	NOUN
ajfa-15640	142	15	0.000	0.000	NUM
ajfa-15640	142	16	0.000	0.000	NUM
ajfa-15640	142	17	0.000	0.000	NUM
ajfa-15640	142	18	0.75	0.75	NUM
ajfa-15640	142	19	lev	lev	NOUN
ajfa-15640	142	20	-.342	-.342	PROPN
ajfa-15640	142	21	*	*	PUNCT
ajfa-15640	142	22	*	*	NOUN
ajfa-15640	142	23	.207	.207	NUM
ajfa-15640	142	24	*	*	NOUN
ajfa-15640	142	25	0.152	0.152	NUM
ajfa-15640	142	26	-0.016	-0.016	PUNCT
ajfa-15640	142	27	.259	.259	NUM
ajfa-15640	142	28	*	*	PUNCT
ajfa-15640	142	29	*	*	PUNCT
ajfa-15640	142	30	1	1	NUM
ajfa-15640	142	31	p	p	NOUN
ajfa-15640	142	32	-	-	PUNCT
ajfa-15640	142	33	value	value	NOUN
ajfa-15640	142	34	0.000	0.000	NUM
ajfa-15640	142	35	0.027	0.027	NUM
ajfa-15640	142	36	0.105	0.105	NUM
ajfa-15640	142	37	0.863	0.863	NUM
ajfa-15640	142	38	0.005	0.005	NUM
ajfa-15640	143	1	far	far	ADV
ajfa-15640	143	2	-.227	-.227	ADJ
ajfa-15640	143	3	*	*	PUNCT
ajfa-15640	143	4	0.158	0.158	NUM
ajfa-15640	143	5	-0.066	-0.066	NOUN
ajfa-15640	143	6	-0.157	-0.157	NOUN
ajfa-15640	143	7	0.122	0.122	NUM
ajfa-15640	143	8	.297	.297	NUM
ajfa-15640	143	9	*	*	PUNCT
ajfa-15640	143	10	*	*	PUNCT
ajfa-15640	143	11	1	1	NUM
ajfa-15640	143	12	p	p	NOUN
ajfa-15640	143	13	-	-	PUNCT
ajfa-15640	143	14	value	value	NOUN
ajfa-15640	143	15	0.015	0.015	NUM
ajfa-15640	143	16	0.093	0.093	NUM
ajfa-15640	143	17	0.487	0.487	NUM
ajfa-15640	143	18	0.095	0.095	NUM
ajfa-15640	143	19	0.196	0.196	NUM
ajfa-15640	143	20	0.001	0.001	NUM
ajfa-15640	143	21	err	err	NOUN
ajfa-15640	143	22	-.266	-.266	NOUN
ajfa-15640	143	23	*	*	PROPN
ajfa-15640	143	24	*	*	PROPN
ajfa-15640	143	25	0.065	0.065	NUM
ajfa-15640	143	26	.285	.285	NUM
ajfa-15640	143	27	*	*	PUNCT
ajfa-15640	143	28	*	*	PUNCT
ajfa-15640	143	29	.192	.192	NUM
ajfa-15640	143	30	*	*	SYM
ajfa-15640	143	31	.218	.218	NUM
ajfa-15640	143	32	*	*	NOUN
ajfa-15640	143	33	.222	.222	NUM
ajfa-15640	143	34	*	*	NOUN
ajfa-15640	143	35	.368	.368	NUM
ajfa-15640	143	36	*	*	PROPN
ajfa-15640	143	37	*	*	PROPN
ajfa-15640	143	38	1	1	NUM
ajfa-15640	143	39	p	p	ADJ
ajfa-15640	143	40	-	-	PUNCT
ajfa-15640	143	41	value	value	NOUN
ajfa-15640	143	42	0.004	0.004	NUM
ajfa-15640	143	43	0.491	0.491	NUM
ajfa-15640	143	44	0.002	0.002	NUM
ajfa-15640	143	45	0.041	0.041	NUM
ajfa-15640	143	46	0.02	0.02	NUM
ajfa-15640	143	47	0.018	0.018	NUM
ajfa-15640	143	48	0.000	0.000	NUM
ajfa-15640	143	49	fs	fs	ADP
ajfa-15640	143	50	0.173	0.173	NUM
ajfa-15640	143	51	-0.126	-0.126	NOUN
ajfa-15640	143	52	-.238	-.238	NOUN
ajfa-15640	143	53	*	*	PUNCT
ajfa-15640	143	54	-0.022	-0.022	PROPN
ajfa-15640	143	55	-.243	-.243	NOUN
ajfa-15640	143	56	*	*	PUNCT
ajfa-15640	143	57	*	*	PUNCT
ajfa-15640	144	1	-0.066	-0.066	ADJ
ajfa-15640	144	2	-0.117	-0.117	PUNCT
ajfa-15640	144	3	-0.174	-0.174	PROPN
ajfa-15640	145	1	1	1	NUM
ajfa-15640	145	2	p	p	NOUN
ajfa-15640	145	3	-	-	PUNCT
ajfa-15640	145	4	value	value	NOUN
ajfa-15640	145	5	0.066	0.066	NUM
ajfa-15640	145	6	0.182	0.182	NUM
ajfa-15640	145	7	0.011	0.011	NUM
ajfa-15640	145	8	0.812	0.812	NUM
ajfa-15640	145	9	0.009	0.009	NUM
ajfa-15640	145	10	0.482	0.482	NUM
ajfa-15640	145	11	0.215	0.215	NUM
ajfa-15640	145	12	0.063	0.063	NUM
ajfa-15640	145	13	significant	significant	ADJ
ajfa-15640	145	14	at	at	ADP
ajfa-15640	145	15	5	5	NUM
ajfa-15640	145	16	%	%	NOUN
ajfa-15640	145	17	*	*	PUNCT
ajfa-15640	145	18	and	and	CCONJ
ajfa-15640	145	19	significant	significant	ADJ
ajfa-15640	145	20	at	at	ADP
ajfa-15640	145	21	1	1	NUM
ajfa-15640	145	22	%	%	NOUN
ajfa-15640	145	23	*	*	PUNCT
ajfa-15640	145	24	*	*	PUNCT
ajfa-15640	145	25	asian	asian	ADJ
ajfa-15640	145	26	journal	journal	NOUN
ajfa-15640	145	27	of	of	ADP
ajfa-15640	145	28	finance	finance	PROPN
ajfa-15640	145	29	&	&	CCONJ
ajfa-15640	145	30	accounting	accounting	PROPN
ajfa-15640	145	31	issn	issn	PROPN
ajfa-15640	145	32	1946	1946	NUM
ajfa-15640	145	33	-	-	PUNCT
ajfa-15640	145	34	052x	052x	PROPN
ajfa-15640	145	35	2019	2019	NUM
ajfa-15640	145	36	,	,	PUNCT
ajfa-15640	145	37	vol	vol	NOUN
ajfa-15640	145	38	.	.	PROPN
ajfa-15640	145	39	11	11	NUM
ajfa-15640	145	40	,	,	PUNCT
ajfa-15640	145	41	no	no	INTJ
ajfa-15640	145	42	.	.	NOUN
ajfa-15640	145	43	2	2	NUM
ajfa-15640	145	44	ajfa.macrothink.org/	ajfa.macrothink.org/	NOUN
ajfa-15640	145	45	90	90	NUM
ajfa-15640	145	46	in	in	ADP
ajfa-15640	145	47	table	table	NOUN
ajfa-15640	145	48	(	(	PUNCT
ajfa-15640	145	49	2	2	NUM
ajfa-15640	145	50	)	)	PUNCT
ajfa-15640	145	51	,	,	PUNCT
ajfa-15640	145	52	i	i	PRON
ajfa-15640	145	53	have	have	AUX
ajfa-15640	145	54	assessed	assess	VERB
ajfa-15640	145	55	the	the	DET
ajfa-15640	145	56	nature	nature	NOUN
ajfa-15640	145	57	and	and	CCONJ
ajfa-15640	145	58	amount	amount	NOUN
ajfa-15640	145	59	of	of	ADP
ajfa-15640	145	60	association	association	NOUN
ajfa-15640	145	61	between	between	ADP
ajfa-15640	145	62	the	the	DET
ajfa-15640	145	63	variables	variable	NOUN
ajfa-15640	145	64	of	of	ADP
ajfa-15640	145	65	the	the	DET
ajfa-15640	145	66	study	study	NOUN
ajfa-15640	145	67	and	and	CCONJ
ajfa-15640	145	68	the	the	DET
ajfa-15640	145	69	profitability	profitability	NOUN
ajfa-15640	145	70	proxy	proxy	NOUN
ajfa-15640	145	71	(	(	PUNCT
ajfa-15640	145	72	roa	roa	NOUN
ajfa-15640	145	73	)	)	PUNCT
ajfa-15640	145	74	through	through	ADP
ajfa-15640	145	75	pearson	pearson	PROPN
ajfa-15640	145	76	correlation	correlation	NOUN
ajfa-15640	145	77	coefficients	coefficient	NOUN
ajfa-15640	145	78	of	of	ADP
ajfa-15640	145	79	the	the	DET
ajfa-15640	145	80	selected	select	VERB
ajfa-15640	145	81	manufacturing	manufacturing	NOUN
ajfa-15640	145	82	firms	firm	NOUN
ajfa-15640	145	83	.	.	PUNCT
ajfa-15640	146	1	the	the	DET
ajfa-15640	146	2	results	result	NOUN
ajfa-15640	146	3	describe	describe	VERB
ajfa-15640	146	4	a	a	DET
ajfa-15640	146	5	high	high	ADJ
ajfa-15640	146	6	level	level	NOUN
ajfa-15640	146	7	of	of	ADP
ajfa-15640	146	8	significant	significant	ADJ
ajfa-15640	146	9	negative	negative	ADJ
ajfa-15640	146	10	relationship	relationship	NOUN
ajfa-15640	146	11	between	between	ADP
ajfa-15640	146	12	ccc	ccc	PROPN
ajfa-15640	146	13	,	,	PUNCT
ajfa-15640	146	14	ivp	ivp	PROPN
ajfa-15640	146	15	,	,	PUNCT
ajfa-15640	146	16	rvp	rvp	NOUN
ajfa-15640	146	17	and	and	CCONJ
ajfa-15640	146	18	the	the	DET
ajfa-15640	146	19	measure	measure	NOUN
ajfa-15640	146	20	of	of	ADP
ajfa-15640	146	21	profitability	profitability	NOUN
ajfa-15640	146	22	(	(	PUNCT
ajfa-15640	146	23	roa	roa	NOUN
ajfa-15640	146	24	)	)	PUNCT
ajfa-15640	146	25	.	.	PUNCT
ajfa-15640	147	1	the	the	DET
ajfa-15640	147	2	significant	significant	ADJ
ajfa-15640	147	3	association	association	NOUN
ajfa-15640	147	4	between	between	ADP
ajfa-15640	147	5	roa	roa	PROPN
ajfa-15640	147	6	and	and	CCONJ
ajfa-15640	147	7	ccc	ccc	PROPN
ajfa-15640	147	8	reveals	reveal	VERB
ajfa-15640	147	9	that	that	SCONJ
ajfa-15640	147	10	the	the	DET
ajfa-15640	147	11	profitability	profitability	NOUN
ajfa-15640	147	12	of	of	ADP
ajfa-15640	147	13	most	most	ADJ
ajfa-15640	147	14	of	of	ADP
ajfa-15640	147	15	the	the	DET
ajfa-15640	147	16	manufacturing	manufacture	VERB
ajfa-15640	147	17	firms	firm	NOUN
ajfa-15640	147	18	of	of	ADP
ajfa-15640	147	19	jordan	jordan	PROPN
ajfa-15640	147	20	increased	increase	VERB
ajfa-15640	147	21	with	with	ADP
ajfa-15640	147	22	the	the	DET
ajfa-15640	147	23	decrease	decrease	NOUN
ajfa-15640	147	24	in	in	ADP
ajfa-15640	147	25	ccc	ccc	PROPN
ajfa-15640	147	26	and	and	CCONJ
ajfa-15640	147	27	vice	vice	ADV
ajfa-15640	147	28	versa	versa	ADV
ajfa-15640	147	29	(	(	PUNCT
ajfa-15640	147	30	p	p	X
ajfa-15640	147	31	<	<	X
ajfa-15640	147	32	0.01	0.01	NUM
ajfa-15640	147	33	)	)	PUNCT
ajfa-15640	147	34	.	.	PUNCT
ajfa-15640	148	1	in	in	ADP
ajfa-15640	148	2	details	detail	NOUN
ajfa-15640	148	3	,	,	PUNCT
ajfa-15640	148	4	the	the	DET
ajfa-15640	148	5	table	table	NOUN
ajfa-15640	148	6	describe	describe	VERB
ajfa-15640	148	7	that	that	SCONJ
ajfa-15640	148	8	the	the	DET
ajfa-15640	148	9	coefficients	coefficient	NOUN
ajfa-15640	148	10	of	of	ADP
ajfa-15640	148	11	both	both	DET
ajfa-15640	148	12	inventory	inventory	NOUN
ajfa-15640	148	13	period	period	NOUN
ajfa-15640	148	14	(	(	PUNCT
ajfa-15640	148	15	ivp	ivp	NOUN
ajfa-15640	148	16	)	)	PUNCT
ajfa-15640	148	17	and	and	CCONJ
ajfa-15640	148	18	accounts	account	VERB
ajfa-15640	148	19	receivable	receivable	ADJ
ajfa-15640	148	20	period	period	NOUN
ajfa-15640	148	21	(	(	PUNCT
ajfa-15640	148	22	rvp	rvp	NOUN
ajfa-15640	148	23	)	)	PUNCT
ajfa-15640	148	24	were	be	AUX
ajfa-15640	148	25	negative	negative	ADJ
ajfa-15640	148	26	and	and	CCONJ
ajfa-15640	148	27	statistically	statistically	ADV
ajfa-15640	148	28	significant	significant	ADJ
ajfa-15640	148	29	at	at	ADP
ajfa-15640	148	30	1	1	NUM
ajfa-15640	148	31	%	%	NOUN
ajfa-15640	148	32	(	(	PUNCT
ajfa-15640	148	33	p	p	X
ajfa-15640	148	34	<	<	X
ajfa-15640	148	35	0.01	0.01	NUM
ajfa-15640	148	36	)	)	PUNCT
ajfa-15640	148	37	,	,	PUNCT
ajfa-15640	148	38	while	while	SCONJ
ajfa-15640	148	39	the	the	DET
ajfa-15640	148	40	coefficients	coefficient	NOUN
ajfa-15640	148	41	of	of	ADP
ajfa-15640	148	42	accounts	account	NOUN
ajfa-15640	148	43	payable	payable	ADJ
ajfa-15640	148	44	period	period	NOUN
ajfa-15640	148	45	(	(	PUNCT
ajfa-15640	148	46	pyp	pyp	PROPN
ajfa-15640	148	47	)	)	PUNCT
ajfa-15640	148	48	was	be	AUX
ajfa-15640	148	49	negative	negative	ADJ
ajfa-15640	148	50	and	and	CCONJ
ajfa-15640	148	51	insignificant	insignificant	ADJ
ajfa-15640	148	52	at	at	ADP
ajfa-15640	148	53	either	either	CCONJ
ajfa-15640	148	54	5	5	NUM
ajfa-15640	148	55	%	%	NOUN
ajfa-15640	148	56	or	or	CCONJ
ajfa-15640	148	57	1	1	NUM
ajfa-15640	148	58	%	%	NOUN
ajfa-15640	148	59	respectively	respectively	ADV
ajfa-15640	148	60	for	for	ADP
ajfa-15640	148	61	roa	roa	PROPN
ajfa-15640	148	62	.	.	PUNCT
ajfa-15640	149	1	here	here	ADV
ajfa-15640	149	2	,	,	PUNCT
ajfa-15640	149	3	the	the	DET
ajfa-15640	149	4	results	result	NOUN
ajfa-15640	149	5	suggest	suggest	VERB
ajfa-15640	149	6	that	that	SCONJ
ajfa-15640	149	7	the	the	DET
ajfa-15640	149	8	relationship	relationship	NOUN
ajfa-15640	149	9	between	between	ADP
ajfa-15640	149	10	roa	roa	NOUN
ajfa-15640	149	11	and	and	CCONJ
ajfa-15640	149	12	account	account	NOUN
ajfa-15640	149	13	receivable	receivable	ADJ
ajfa-15640	149	14	period	period	NOUN
ajfa-15640	149	15	(	(	PUNCT
ajfa-15640	149	16	rvp	rvp	NOUN
ajfa-15640	149	17	)	)	PUNCT
ajfa-15640	149	18	in	in	ADP
ajfa-15640	149	19	the	the	DET
ajfa-15640	149	20	majority	majority	NOUN
ajfa-15640	149	21	of	of	ADP
ajfa-15640	149	22	the	the	DET
ajfa-15640	149	23	manufacturing	manufacturing	NOUN
ajfa-15640	149	24	sector	sector	NOUN
ajfa-15640	149	25	were	be	AUX
ajfa-15640	149	26	adversely	adversely	ADV
ajfa-15640	149	27	related	relate	VERB
ajfa-15640	149	28	to	to	ADP
ajfa-15640	149	29	each	each	DET
ajfa-15640	149	30	other	other	ADJ
ajfa-15640	149	31	.	.	PUNCT
ajfa-15640	150	1	this	this	PRON
ajfa-15640	150	2	gives	give	VERB
ajfa-15640	150	3	the	the	DET
ajfa-15640	150	4	impression	impression	NOUN
ajfa-15640	150	5	that	that	SCONJ
ajfa-15640	150	6	the	the	PRON
ajfa-15640	150	7	shorter	short	ADJ
ajfa-15640	150	8	the	the	DET
ajfa-15640	150	9	inventory	inventory	NOUN
ajfa-15640	150	10	period	period	NOUN
ajfa-15640	150	11	(	(	PUNCT
ajfa-15640	150	12	ivp	ivp	NOUN
ajfa-15640	150	13	)	)	PUNCT
ajfa-15640	150	14	of	of	ADP
ajfa-15640	150	15	the	the	DET
ajfa-15640	150	16	company	company	NOUN
ajfa-15640	150	17	,	,	PUNCT
ajfa-15640	150	18	the	the	DET
ajfa-15640	150	19	shorter	short	ADJ
ajfa-15640	150	20	the	the	DET
ajfa-15640	150	21	accounts	account	NOUN
ajfa-15640	150	22	receivable	receivable	ADJ
ajfa-15640	150	23	period	period	NOUN
ajfa-15640	150	24	(	(	PUNCT
ajfa-15640	150	25	rvp	rvp	NOUN
ajfa-15640	150	26	)	)	PUNCT
ajfa-15640	150	27	,	,	PUNCT
ajfa-15640	150	28	the	the	PRON
ajfa-15640	150	29	higher	high	ADJ
ajfa-15640	150	30	the	the	DET
ajfa-15640	150	31	firm	firm	ADJ
ajfa-15640	150	32	profitability	profitability	NOUN
ajfa-15640	150	33	(	(	PUNCT
ajfa-15640	150	34	roa	roa	NOUN
ajfa-15640	150	35	)	)	PUNCT
ajfa-15640	150	36	.	.	PUNCT
ajfa-15640	151	1	in	in	ADP
ajfa-15640	151	2	contrast	contrast	NOUN
ajfa-15640	151	3	,	,	PUNCT
ajfa-15640	151	4	there	there	PRON
ajfa-15640	151	5	is	be	VERB
ajfa-15640	151	6	no	no	DET
ajfa-15640	151	7	relationship	relationship	NOUN
ajfa-15640	151	8	between	between	ADP
ajfa-15640	151	9	roa	roa	NOUN
ajfa-15640	151	10	and	and	CCONJ
ajfa-15640	151	11	accounts	account	VERB
ajfa-15640	151	12	payable	payable	ADJ
ajfa-15640	151	13	period	period	NOUN
ajfa-15640	151	14	(	(	PUNCT
ajfa-15640	151	15	pyp	pyp	PROPN
ajfa-15640	151	16	)	)	PUNCT
ajfa-15640	151	17	.	.	PUNCT
ajfa-15640	152	1	firms	firm	NOUN
ajfa-15640	152	2	focus	focus	VERB
ajfa-15640	152	3	on	on	ADP
ajfa-15640	152	4	the	the	DET
ajfa-15640	152	5	liquidity	liquidity	NOUN
ajfa-15640	152	6	more	more	ADJ
ajfa-15640	152	7	than	than	ADP
ajfa-15640	152	8	profitability	profitability	NOUN
ajfa-15640	152	9	in	in	ADP
ajfa-15640	152	10	order	order	NOUN
ajfa-15640	152	11	to	to	PART
ajfa-15640	152	12	meet	meet	VERB
ajfa-15640	152	13	their	their	PRON
ajfa-15640	152	14	obligations	obligation	NOUN
ajfa-15640	152	15	,	,	PUNCT
ajfa-15640	152	16	especially	especially	ADV
ajfa-15640	152	17	,	,	PUNCT
ajfa-15640	152	18	they	they	PRON
ajfa-15640	152	19	concentrate	concentrate	VERB
ajfa-15640	152	20	on	on	ADP
ajfa-15640	152	21	reputation	reputation	NOUN
ajfa-15640	152	22	earned	earn	VERB
ajfa-15640	152	23	for	for	ADP
ajfa-15640	152	24	borrowing	borrow	VERB
ajfa-15640	152	25	opportunities	opportunity	NOUN
ajfa-15640	152	26	that	that	PRON
ajfa-15640	152	27	may	may	AUX
ajfa-15640	152	28	ensure	ensure	VERB
ajfa-15640	152	29	financing	financing	NOUN
ajfa-15640	152	30	resources	resource	NOUN
ajfa-15640	152	31	as	as	SCONJ
ajfa-15640	152	32	it	it	PRON
ajfa-15640	152	33	needed	need	VERB
ajfa-15640	152	34	.	.	PUNCT
ajfa-15640	153	1	to	to	PART
ajfa-15640	153	2	assess	assess	VERB
ajfa-15640	153	3	other	other	ADJ
ajfa-15640	153	4	control	control	NOUN
ajfa-15640	153	5	variables	variable	NOUN
ajfa-15640	153	6	quickly	quickly	ADV
ajfa-15640	153	7	,	,	PUNCT
ajfa-15640	153	8	the	the	DET
ajfa-15640	153	9	coefficients	coefficient	NOUN
ajfa-15640	153	10	of	of	ADP
ajfa-15640	153	11	both	both	DET
ajfa-15640	153	12	leverage	leverage	NOUN
ajfa-15640	153	13	(	(	PUNCT
ajfa-15640	153	14	lev	lev	NOUN
ajfa-15640	153	15	)	)	PUNCT
ajfa-15640	153	16	and	and	CCONJ
ajfa-15640	153	17	operating	operating	NOUN
ajfa-15640	153	18	costs	cost	NOUN
ajfa-15640	153	19	to	to	ADP
ajfa-15640	153	20	operating	operate	VERB
ajfa-15640	153	21	income	income	NOUN
ajfa-15640	153	22	ratio	ratio	NOUN
ajfa-15640	153	23	(	(	PUNCT
ajfa-15640	153	24	err	err	NOUN
ajfa-15640	153	25	)	)	PUNCT
ajfa-15640	153	26	were	be	AUX
ajfa-15640	153	27	negative	negative	ADJ
ajfa-15640	153	28	and	and	CCONJ
ajfa-15640	153	29	statistically	statistically	ADV
ajfa-15640	153	30	significant	significant	ADJ
ajfa-15640	153	31	at	at	ADP
ajfa-15640	153	32	1	1	NUM
ajfa-15640	153	33	%	%	NOUN
ajfa-15640	153	34	(	(	PUNCT
ajfa-15640	153	35	p	p	X
ajfa-15640	153	36	<	<	X
ajfa-15640	153	37	0.01	0.01	NUM
ajfa-15640	153	38	)	)	PUNCT
ajfa-15640	153	39	.	.	PUNCT
ajfa-15640	154	1	while	while	SCONJ
ajfa-15640	154	2	the	the	DET
ajfa-15640	154	3	coefficients	coefficient	NOUN
ajfa-15640	154	4	of	of	ADP
ajfa-15640	154	5	fixed	fix	VERB
ajfa-15640	154	6	assets	asset	NOUN
ajfa-15640	154	7	ratio	ratio	NOUN
ajfa-15640	154	8	(	(	PUNCT
ajfa-15640	154	9	far	far	ADV
ajfa-15640	154	10	)	)	PUNCT
ajfa-15640	154	11	was	be	AUX
ajfa-15640	154	12	negative	negative	ADJ
ajfa-15640	154	13	and	and	CCONJ
ajfa-15640	154	14	statistically	statistically	ADV
ajfa-15640	154	15	significant	significant	ADJ
ajfa-15640	154	16	at	at	ADP
ajfa-15640	154	17	5	5	NUM
ajfa-15640	154	18	%	%	NOUN
ajfa-15640	154	19	for	for	ADP
ajfa-15640	154	20	roa	roa	PROPN
ajfa-15640	154	21	(	(	PUNCT
ajfa-15640	154	22	p	p	X
ajfa-15640	154	23	>	>	X
ajfa-15640	154	24	0.05	0.05	NUM
ajfa-15640	154	25	)	)	PUNCT
ajfa-15640	154	26	.	.	PUNCT
ajfa-15640	155	1	in	in	ADP
ajfa-15640	155	2	contrast	contrast	NOUN
ajfa-15640	155	3	,	,	PUNCT
ajfa-15640	155	4	there	there	PRON
ajfa-15640	155	5	is	be	VERB
ajfa-15640	155	6	no	no	DET
ajfa-15640	155	7	relationship	relationship	NOUN
ajfa-15640	155	8	between	between	ADP
ajfa-15640	155	9	firm	firm	ADJ
ajfa-15640	155	10	size	size	NOUN
ajfa-15640	155	11	(	(	PUNCT
ajfa-15640	155	12	fs	fs	NOUN
ajfa-15640	155	13	)	)	PUNCT
ajfa-15640	155	14	and	and	CCONJ
ajfa-15640	155	15	profitability	profitability	NOUN
ajfa-15640	155	16	(	(	PUNCT
ajfa-15640	155	17	roa	roa	NOUN
ajfa-15640	155	18	)	)	PUNCT
ajfa-15640	155	19	.	.	PUNCT
ajfa-15640	156	1	regression	regression	NOUN
ajfa-15640	156	2	analysis	analysis	NOUN
ajfa-15640	156	3	is	be	AUX
ajfa-15640	156	4	used	use	VERB
ajfa-15640	156	5	to	to	PART
ajfa-15640	156	6	find	find	VERB
ajfa-15640	156	7	the	the	DET
ajfa-15640	156	8	impact	impact	NOUN
ajfa-15640	156	9	of	of	ADP
ajfa-15640	156	10	independent	independent	ADJ
ajfa-15640	156	11	variables	variable	NOUN
ajfa-15640	156	12	on	on	ADP
ajfa-15640	156	13	dependent	dependent	ADJ
ajfa-15640	156	14	variables	variable	NOUN
ajfa-15640	156	15	.	.	PUNCT
ajfa-15640	157	1	in	in	ADP
ajfa-15640	157	2	this	this	DET
ajfa-15640	157	3	study	study	NOUN
ajfa-15640	157	4	,	,	PUNCT
ajfa-15640	157	5	working	work	VERB
ajfa-15640	157	6	capital	capital	NOUN
ajfa-15640	157	7	management	management	NOUN
ajfa-15640	157	8	that	that	PRON
ajfa-15640	157	9	represents	represent	VERB
ajfa-15640	157	10	the	the	DET
ajfa-15640	157	11	cash	cash	NOUN
ajfa-15640	157	12	conversion	conversion	NOUN
ajfa-15640	157	13	cycle	cycle	NOUN
ajfa-15640	157	14	(	(	PUNCT
ajfa-15640	157	15	ccc	ccc	PROPN
ajfa-15640	157	16	)	)	PUNCT
ajfa-15640	157	17	and	and	CCONJ
ajfa-15640	157	18	its	its	PRON
ajfa-15640	157	19	components	component	NOUN
ajfa-15640	157	20	separately	separately	ADV
ajfa-15640	157	21	are	be	AUX
ajfa-15640	157	22	taken	take	VERB
ajfa-15640	157	23	as	as	ADP
ajfa-15640	157	24	independent	independent	ADJ
ajfa-15640	157	25	variables	variable	NOUN
ajfa-15640	157	26	,	,	PUNCT
ajfa-15640	157	27	in	in	ADP
ajfa-15640	157	28	general	general	ADJ
ajfa-15640	157	29	,	,	PUNCT
ajfa-15640	157	30	and	and	CCONJ
ajfa-15640	157	31	firm	firm	ADJ
ajfa-15640	157	32	profitability	profitability	NOUN
ajfa-15640	157	33	is	be	AUX
ajfa-15640	157	34	considered	consider	VERB
ajfa-15640	157	35	as	as	ADP
ajfa-15640	157	36	a	a	DET
ajfa-15640	157	37	dependent	dependent	ADJ
ajfa-15640	157	38	variable	variable	NOUN
ajfa-15640	157	39	.	.	PUNCT
ajfa-15640	158	1	each	each	DET
ajfa-15640	158	2	hypothesis	hypothesis	NOUN
ajfa-15640	158	3	is	be	AUX
ajfa-15640	158	4	tested	test	VERB
ajfa-15640	158	5	using	use	VERB
ajfa-15640	158	6	regression	regression	NOUN
ajfa-15640	158	7	analysis	analysis	NOUN
ajfa-15640	158	8	.	.	PUNCT
ajfa-15640	159	1	table	table	NOUN
ajfa-15640	159	2	3	3	NUM
ajfa-15640	159	3	.	.	PUNCT
ajfa-15640	159	4	model	model	PROPN
ajfa-15640	159	5	summary	summary	NOUN
ajfa-15640	159	6	a	a	DET
ajfa-15640	159	7	model	model	NOUN
ajfa-15640	159	8	r	r	NOUN
ajfa-15640	159	9	r	r	NOUN
ajfa-15640	159	10	square	square	ADJ
ajfa-15640	159	11	adjusted	adjust	VERB
ajfa-15640	159	12	r	r	NOUN
ajfa-15640	159	13	square	square	ADJ
ajfa-15640	159	14	std	std	NOUN
ajfa-15640	159	15	.	.	PUNCT
ajfa-15640	160	1	error	error	NOUN
ajfa-15640	160	2	of	of	ADP
ajfa-15640	160	3	the	the	DET
ajfa-15640	160	4	estimate	estimate	NOUN
ajfa-15640	160	5	1	1	NUM
ajfa-15640	160	6	.704a	.704a	PROPN
ajfa-15640	160	7	0.495	0.495	NUM
ajfa-15640	160	8	0.457	0.457	NUM
ajfa-15640	160	9	0.043943	0.043943	NUM
ajfa-15640	160	10	a.	a.	NOUN
ajfa-15640	160	11	predictors	predictor	NOUN
ajfa-15640	160	12	:	:	PUNCT
ajfa-15640	160	13	(	(	PUNCT
ajfa-15640	160	14	constant	constant	ADJ
ajfa-15640	160	15	)	)	PUNCT
ajfa-15640	160	16	,	,	PUNCT
ajfa-15640	160	17	fs	fs	PROPN
ajfa-15640	160	18	,	,	PUNCT
ajfa-15640	160	19	pyp	pyp	PROPN
ajfa-15640	160	20	,	,	PUNCT
ajfa-15640	160	21	lev	lev	NOUN
ajfa-15640	160	22	,	,	PUNCT
ajfa-15640	160	23	ivp	ivp	NOUN
ajfa-15640	160	24	,	,	PUNCT
ajfa-15640	160	25	err	err	PROPN
ajfa-15640	160	26	,	,	PUNCT
ajfa-15640	160	27	rvp	rvp	NOUN
ajfa-15640	160	28	,	,	PUNCT
ajfa-15640	160	29	far	far	ADV
ajfa-15640	160	30	,	,	PUNCT
ajfa-15640	160	31	ccc	ccc	PROPN
ajfa-15640	160	32	b.	b.	PROPN
ajfa-15640	161	1	dependent	dependent	ADJ
ajfa-15640	161	2	variable	variable	NOUN
ajfa-15640	161	3	:	:	PUNCT
ajfa-15640	161	4	roa	roa	NOUN
ajfa-15640	161	5	in	in	ADP
ajfa-15640	161	6	table	table	NOUN
ajfa-15640	161	7	(	(	PUNCT
ajfa-15640	161	8	3	3	NUM
ajfa-15640	161	9	)	)	PUNCT
ajfa-15640	161	10	,	,	PUNCT
ajfa-15640	161	11	the	the	DET
ajfa-15640	161	12	value	value	NOUN
ajfa-15640	161	13	of	of	ADP
ajfa-15640	161	14	r	r	NOUN
ajfa-15640	161	15	(	(	PUNCT
ajfa-15640	161	16	correlation	correlation	NOUN
ajfa-15640	161	17	coefficient	coefficient	NOUN
ajfa-15640	161	18	)	)	PUNCT
ajfa-15640	161	19	that	that	PRON
ajfa-15640	161	20	measures	measure	VERB
ajfa-15640	161	21	the	the	DET
ajfa-15640	161	22	strength	strength	NOUN
ajfa-15640	161	23	of	of	ADP
ajfa-15640	161	24	the	the	DET
ajfa-15640	161	25	relationship	relationship	NOUN
ajfa-15640	161	26	between	between	ADP
ajfa-15640	161	27	variables	variable	NOUN
ajfa-15640	161	28	is	be	AUX
ajfa-15640	161	29	0.704	0.704	NUM
ajfa-15640	161	30	.	.	PUNCT
ajfa-15640	162	1	it	it	PRON
ajfa-15640	162	2	means	mean	VERB
ajfa-15640	162	3	that	that	SCONJ
ajfa-15640	162	4	a	a	DET
ajfa-15640	162	5	strong	strong	ADJ
ajfa-15640	162	6	relationship	relationship	NOUN
ajfa-15640	162	7	exists	exist	VERB
ajfa-15640	162	8	between	between	ADP
ajfa-15640	162	9	ccc	ccc	PROPN
ajfa-15640	162	10	and	and	CCONJ
ajfa-15640	162	11	roa	roa	PROPN
ajfa-15640	162	12	.	.	PUNCT
ajfa-15640	163	1	in	in	ADP
ajfa-15640	163	2	addition	addition	NOUN
ajfa-15640	163	3	,	,	PUNCT
ajfa-15640	163	4	the	the	DET
ajfa-15640	163	5	value	value	NOUN
ajfa-15640	163	6	of	of	ADP
ajfa-15640	163	7	r	r	NOUN
ajfa-15640	163	8	square	square	ADJ
ajfa-15640	163	9	measures	measure	NOUN
ajfa-15640	163	10	that	that	SCONJ
ajfa-15640	163	11	if	if	SCONJ
ajfa-15640	163	12	the	the	DET
ajfa-15640	163	13	change	change	NOUN
ajfa-15640	163	14	occurs	occur	VERB
ajfa-15640	163	15	in	in	ADP
ajfa-15640	163	16	independent	independent	ADJ
ajfa-15640	163	17	variables	variable	NOUN
ajfa-15640	163	18	(	(	PUNCT
ajfa-15640	163	19	e.g.	e.g.	ADV
ajfa-15640	163	20	,	,	PUNCT
ajfa-15640	163	21	ccc	ccc	NOUN
ajfa-15640	163	22	)	)	PUNCT
ajfa-15640	163	23	,	,	PUNCT
ajfa-15640	163	24	and	and	CCONJ
ajfa-15640	163	25	how	how	SCONJ
ajfa-15640	163	26	much	much	ADJ
ajfa-15640	163	27	dependent	dependent	ADJ
ajfa-15640	163	28	variable	variable	NOUN
ajfa-15640	163	29	(	(	PUNCT
ajfa-15640	163	30	roa	roa	NOUN
ajfa-15640	163	31	)	)	PUNCT
ajfa-15640	163	32	will	will	AUX
ajfa-15640	163	33	change	change	VERB
ajfa-15640	163	34	.	.	PUNCT
ajfa-15640	164	1	the	the	DET
ajfa-15640	164	2	value	value	NOUN
ajfa-15640	164	3	of	of	ADP
ajfa-15640	164	4	r	r	NOUN
ajfa-15640	164	5	square	square	NOUN
ajfa-15640	164	6	shows	show	VERB
ajfa-15640	164	7	that	that	SCONJ
ajfa-15640	164	8	49.5	49.5	NUM
ajfa-15640	164	9	%	%	NOUN
ajfa-15640	164	10	variability	variability	NOUN
ajfa-15640	164	11	in	in	ADP
ajfa-15640	164	12	the	the	DET
ajfa-15640	164	13	roa	roa	NOUN
ajfa-15640	164	14	can	can	AUX
ajfa-15640	164	15	be	be	AUX
ajfa-15640	164	16	explained	explain	VERB
ajfa-15640	164	17	by	by	ADP
ajfa-15640	164	18	the	the	DET
ajfa-15640	164	19	changeability	changeability	NOUN
ajfa-15640	164	20	in	in	ADP
ajfa-15640	164	21	independent	independent	ADJ
ajfa-15640	164	22	asian	asian	ADJ
ajfa-15640	164	23	journal	journal	NOUN
ajfa-15640	164	24	of	of	ADP
ajfa-15640	164	25	finance	finance	PROPN
ajfa-15640	164	26	&	&	CCONJ
ajfa-15640	164	27	accounting	accounting	PROPN
ajfa-15640	164	28	issn	issn	PROPN
ajfa-15640	164	29	1946	1946	NUM
ajfa-15640	164	30	-	-	PUNCT
ajfa-15640	164	31	052x	052x	PROPN
ajfa-15640	164	32	2019	2019	NUM
ajfa-15640	164	33	,	,	PUNCT
ajfa-15640	164	34	vol	vol	NOUN
ajfa-15640	164	35	.	.	PROPN
ajfa-15640	164	36	11	11	NUM
ajfa-15640	164	37	,	,	PUNCT
ajfa-15640	164	38	no	no	INTJ
ajfa-15640	164	39	.	.	NOUN
ajfa-15640	164	40	2	2	NUM
ajfa-15640	164	41	ajfa.macrothink.org/	ajfa.macrothink.org/	NOUN
ajfa-15640	164	42	91	91	NUM
ajfa-15640	164	43	variables	variable	NOUN
ajfa-15640	164	44	used	use	VERB
ajfa-15640	164	45	for	for	ADP
ajfa-15640	164	46	measuring	measure	VERB
ajfa-15640	164	47	working	work	VERB
ajfa-15640	164	48	capital	capital	NOUN
ajfa-15640	164	49	management	management	NOUN
ajfa-15640	164	50	but	but	CCONJ
ajfa-15640	164	51	does	do	AUX
ajfa-15640	164	52	not	not	PART
ajfa-15640	164	53	know	know	VERB
ajfa-15640	164	54	which	which	DET
ajfa-15640	164	55	variable	variable	NOUN
ajfa-15640	164	56	this	this	DET
ajfa-15640	164	57	change	change	NOUN
ajfa-15640	164	58	happens	happen	VERB
ajfa-15640	164	59	.	.	PUNCT
ajfa-15640	165	1	table	table	NOUN
ajfa-15640	165	2	4	4	NUM
ajfa-15640	165	3	.	.	PUNCT
ajfa-15640	166	1	anova	anova	PROPN
ajfa-15640	166	2	b	b	PROPN
ajfa-15640	166	3	model	model	NOUN
ajfa-15640	166	4	sum	sum	NOUN
ajfa-15640	166	5	of	of	ADP
ajfa-15640	166	6	squares	square	NOUN
ajfa-15640	166	7	df	df	PROPN
ajfa-15640	166	8	mean	mean	PROPN
ajfa-15640	166	9	square	square	PROPN
ajfa-15640	166	10	f	f	PROPN
ajfa-15640	166	11	sig	sig	PROPN
ajfa-15640	166	12	.	.	PROPN
ajfa-15640	166	13	1	1	NUM
ajfa-15640	166	14	regression	regression	VERB
ajfa-15640	166	15	0.199	0.199	NUM
ajfa-15640	166	16	8	8	NUM
ajfa-15640	166	17	0.025	0.025	NUM
ajfa-15640	166	18	12.867	12.867	NUM
ajfa-15640	166	19	.000a	.000a	NOUN
ajfa-15640	166	20	residual	residual	ADJ
ajfa-15640	166	21	0.203	0.203	NUM
ajfa-15640	166	22	105	105	NUM
ajfa-15640	166	23	0.002	0.002	NUM
ajfa-15640	166	24	total	total	NOUN
ajfa-15640	166	25	0.402	0.402	NUM
ajfa-15640	166	26	113	113	NUM
ajfa-15640	166	27	a.	a.	NOUN
ajfa-15640	166	28	predictors	predictor	NOUN
ajfa-15640	166	29	:	:	PUNCT
ajfa-15640	166	30	(	(	PUNCT
ajfa-15640	166	31	constant	constant	ADJ
ajfa-15640	166	32	)	)	PUNCT
ajfa-15640	166	33	,	,	PUNCT
ajfa-15640	166	34	fs	fs	PROPN
ajfa-15640	166	35	,	,	PUNCT
ajfa-15640	166	36	pyp	pyp	PROPN
ajfa-15640	166	37	,	,	PUNCT
ajfa-15640	166	38	lev	lev	NOUN
ajfa-15640	166	39	,	,	PUNCT
ajfa-15640	166	40	ivp	ivp	NOUN
ajfa-15640	166	41	,	,	PUNCT
ajfa-15640	166	42	err	err	PROPN
ajfa-15640	166	43	,	,	PUNCT
ajfa-15640	166	44	rvp	rvp	NOUN
ajfa-15640	166	45	,	,	PUNCT
ajfa-15640	166	46	far	far	ADV
ajfa-15640	166	47	,	,	PUNCT
ajfa-15640	166	48	ccc	ccc	PROPN
ajfa-15640	166	49	b.	b.	PROPN
ajfa-15640	167	1	dependent	dependent	ADJ
ajfa-15640	167	2	variable	variable	NOUN
ajfa-15640	167	3	:	:	PUNCT
ajfa-15640	167	4	roa	roa	NOUN
ajfa-15640	167	5	table	table	NOUN
ajfa-15640	167	6	(	(	PUNCT
ajfa-15640	167	7	4	4	NUM
ajfa-15640	167	8	)	)	PUNCT
ajfa-15640	167	9	tells	tell	VERB
ajfa-15640	167	10	about	about	ADP
ajfa-15640	167	11	the	the	DET
ajfa-15640	167	12	statistical	statistical	ADJ
ajfa-15640	167	13	significance	significance	NOUN
ajfa-15640	167	14	of	of	ADP
ajfa-15640	167	15	the	the	DET
ajfa-15640	167	16	whole	whole	ADJ
ajfa-15640	167	17	model	model	NOUN
ajfa-15640	167	18	used	use	VERB
ajfa-15640	167	19	in	in	ADP
ajfa-15640	167	20	this	this	DET
ajfa-15640	167	21	study	study	NOUN
ajfa-15640	167	22	for	for	ADP
ajfa-15640	167	23	measuring	measure	VERB
ajfa-15640	167	24	the	the	DET
ajfa-15640	167	25	impact	impact	NOUN
ajfa-15640	167	26	of	of	ADP
ajfa-15640	167	27	ccc	ccc	PROPN
ajfa-15640	167	28	(	(	PUNCT
ajfa-15640	167	29	independent	independent	ADJ
ajfa-15640	167	30	variable	variable	NOUN
ajfa-15640	167	31	)	)	PUNCT
ajfa-15640	167	32	and	and	CCONJ
ajfa-15640	167	33	its	its	PRON
ajfa-15640	167	34	components	component	NOUN
ajfa-15640	167	35	on	on	ADP
ajfa-15640	167	36	the	the	DET
ajfa-15640	167	37	firm	firm	NOUN
ajfa-15640	167	38	’s	’s	PART
ajfa-15640	167	39	roa	roa	NOUN
ajfa-15640	167	40	(	(	PUNCT
ajfa-15640	167	41	dependent	dependent	ADJ
ajfa-15640	167	42	variable	variable	NOUN
ajfa-15640	167	43	)	)	PUNCT
ajfa-15640	167	44	.	.	PUNCT
ajfa-15640	168	1	value	value	NOUN
ajfa-15640	168	2	of	of	ADP
ajfa-15640	168	3	f	f	PROPN
ajfa-15640	168	4	measures	measure	NOUN
ajfa-15640	168	5	that	that	PRON
ajfa-15640	168	6	either	either	DET
ajfa-15640	168	7	value	value	NOUN
ajfa-15640	168	8	of	of	ADP
ajfa-15640	168	9	r	r	NOUN
ajfa-15640	168	10	square	square	NOUN
ajfa-15640	168	11	shown	show	VERB
ajfa-15640	168	12	in	in	ADP
ajfa-15640	168	13	table	table	NOUN
ajfa-15640	168	14	(	(	PUNCT
ajfa-15640	168	15	3	3	NUM
ajfa-15640	168	16	)	)	PUNCT
ajfa-15640	168	17	is	be	AUX
ajfa-15640	168	18	due	due	ADJ
ajfa-15640	168	19	the	the	DET
ajfa-15640	168	20	chance	chance	NOUN
ajfa-15640	168	21	or	or	CCONJ
ajfa-15640	168	22	not	not	PART
ajfa-15640	168	23	and	and	CCONJ
ajfa-15640	168	24	term	term	NOUN
ajfa-15640	168	25	(	(	PUNCT
ajfa-15640	168	26	sig	sig	NOUN
ajfa-15640	168	27	.	.	PUNCT
ajfa-15640	168	28	)	)	PUNCT
ajfa-15640	168	29	refers	refer	VERB
ajfa-15640	168	30	to	to	ADP
ajfa-15640	168	31	p	p	NOUN
ajfa-15640	168	32	-	-	PUNCT
ajfa-15640	168	33	value	value	NOUN
ajfa-15640	168	34	which	which	PRON
ajfa-15640	168	35	is	be	AUX
ajfa-15640	168	36	used	use	VERB
ajfa-15640	168	37	to	to	PART
ajfa-15640	168	38	measure	measure	VERB
ajfa-15640	168	39	the	the	DET
ajfa-15640	168	40	statistical	statistical	ADJ
ajfa-15640	168	41	significance	significance	NOUN
ajfa-15640	168	42	,	,	PUNCT
ajfa-15640	168	43	if	if	SCONJ
ajfa-15640	168	44	p	p	NOUN
ajfa-15640	168	45	-	-	PUNCT
ajfa-15640	168	46	value	value	NOUN
ajfa-15640	168	47	is	be	AUX
ajfa-15640	168	48	less	less	ADJ
ajfa-15640	168	49	than	than	ADP
ajfa-15640	168	50	0.05	0.05	NUM
ajfa-15640	168	51	it	it	PRON
ajfa-15640	168	52	indicates	indicate	VERB
ajfa-15640	168	53	that	that	SCONJ
ajfa-15640	168	54	working	work	VERB
ajfa-15640	168	55	capital	capital	NOUN
ajfa-15640	168	56	management	management	NOUN
ajfa-15640	168	57	as	as	ADP
ajfa-15640	168	58	a	a	DET
ajfa-15640	168	59	whole	whole	NOUN
ajfa-15640	168	60	has	have	VERB
ajfa-15640	168	61	statistically	statistically	ADV
ajfa-15640	168	62	significant	significant	ADJ
ajfa-15640	168	63	impact	impact	NOUN
ajfa-15640	168	64	on	on	ADP
ajfa-15640	168	65	roa	roa	PROPN
ajfa-15640	168	66	of	of	ADP
ajfa-15640	168	67	firms	firm	NOUN
ajfa-15640	168	68	.	.	PUNCT
ajfa-15640	169	1	in	in	ADP
ajfa-15640	169	2	the	the	DET
ajfa-15640	169	3	table	table	NOUN
ajfa-15640	169	4	(	(	PUNCT
ajfa-15640	169	5	4	4	NUM
ajfa-15640	169	6	)	)	PUNCT
ajfa-15640	169	7	,	,	PUNCT
ajfa-15640	169	8	the	the	DET
ajfa-15640	169	9	value	value	NOUN
ajfa-15640	169	10	of	of	ADP
ajfa-15640	169	11	f	f	PROPN
ajfa-15640	169	12	is	be	AUX
ajfa-15640	169	13	12.867	12.867	NUM
ajfa-15640	169	14	and	and	CCONJ
ajfa-15640	169	15	the	the	DET
ajfa-15640	169	16	value	value	NOUN
ajfa-15640	169	17	of	of	ADP
ajfa-15640	169	18	p	p	NOUN
ajfa-15640	169	19	is	be	AUX
ajfa-15640	169	20	0.000	0.000	NUM
ajfa-15640	169	21	,	,	PUNCT
ajfa-15640	169	22	which	which	PRON
ajfa-15640	169	23	is	be	AUX
ajfa-15640	169	24	less	less	ADJ
ajfa-15640	169	25	than	than	ADP
ajfa-15640	169	26	0.05	0.05	NUM
ajfa-15640	169	27	means	mean	VERB
ajfa-15640	169	28	that	that	SCONJ
ajfa-15640	169	29	ccc	ccc	PROPN
ajfa-15640	169	30	as	as	ADP
ajfa-15640	169	31	a	a	DET
ajfa-15640	169	32	whole	whole	NOUN
ajfa-15640	169	33	has	have	VERB
ajfa-15640	169	34	significant	significant	ADJ
ajfa-15640	169	35	influence	influence	NOUN
ajfa-15640	169	36	the	the	DET
ajfa-15640	169	37	roa	roa	NOUN
ajfa-15640	169	38	firms	firm	NOUN
ajfa-15640	169	39	.	.	PUNCT
ajfa-15640	170	1	table	table	NOUN
ajfa-15640	170	2	5	5	NUM
ajfa-15640	170	3	.	.	PUNCT
ajfa-15640	171	1	ols	ol	NOUN
ajfa-15640	171	2	regression	regression	PROPN
ajfa-15640	171	3	results	result	VERB
ajfa-15640	171	4	model	model	NOUN
ajfa-15640	171	5	model	model	NOUN
ajfa-15640	171	6	1	1	NUM
ajfa-15640	171	7	model	model	NOUN
ajfa-15640	171	8	2	2	NUM
ajfa-15640	171	9	model	model	NOUN
ajfa-15640	171	10	3	3	NUM
ajfa-15640	171	11	model	model	NOUN
ajfa-15640	171	12	4	4	NUM
ajfa-15640	171	13	coeff	coeff	PROPN
ajfa-15640	171	14	p	p	PROPN
ajfa-15640	171	15	coeff	coeff	PROPN
ajfa-15640	171	16	p	p	PROPN
ajfa-15640	171	17	coeff	coeff	PROPN
ajfa-15640	171	18	p	p	PROPN
ajfa-15640	171	19	coeff	coeff	PROPN
ajfa-15640	171	20	p	p	PROPN
ajfa-15640	171	21	ccc	ccc	PROPN
ajfa-15640	171	22	-0.598	-0.598	PROPN
ajfa-15640	171	23	0.000	0.000	NUM
ajfa-15640	171	24	ivp	ivp	X
ajfa-15640	171	25	-0.525	-0.525	PUNCT
ajfa-15640	171	26	0.000	0.000	NUM
ajfa-15640	171	27	rvp	rvp	NOUN
ajfa-15640	171	28	-0.217	-0.217	PUNCT
ajfa-15640	171	29	0.023	0.023	NUM
ajfa-15640	171	30	pyp	pyp	PROPN
ajfa-15640	171	31	-0.062	-0.062	PROPN
ajfa-15640	171	32	0.503	0.503	NUM
ajfa-15640	171	33	lev	lev	NOUN
ajfa-15640	171	34	-0.146	-0.146	NOUN
ajfa-15640	171	35	0.054	0.054	NUM
ajfa-15640	171	36	-0.185	-0.185	NUM
ajfa-15640	171	37	0.019	0.019	NUM
ajfa-15640	171	38	-0.246	-0.246	NOUN
ajfa-15640	171	39	0.008	0.008	NUM
ajfa-15640	171	40	-0.277	-0.277	NOUN
ajfa-15640	171	41	0.003	0.003	NUM
ajfa-15640	171	42	far	far	ADV
ajfa-15640	171	43	-0.085	-0.085	NUM
ajfa-15640	171	44	0.273	0.273	NUM
ajfa-15640	171	45	-0.018	-0.018	NUM
ajfa-15640	171	46	0.825	0.825	NUM
ajfa-15640	171	47	-0.126	-0.126	NUM
ajfa-15640	171	48	0.197	0.197	NUM
ajfa-15640	171	49	-0.089	-0.089	NOUN
ajfa-15640	171	50	0.373	0.373	NUM
ajfa-15640	171	51	err	err	NOUN
ajfa-15640	171	52	-0.074	-0.074	NUM
ajfa-15640	171	53	0.338	0.338	NUM
ajfa-15640	171	54	-0.174	-0.174	NOUN
ajfa-15640	171	55	0.031	0.031	NUM
ajfa-15640	171	56	-0.09	-0.09	NUM
ajfa-15640	171	57	0.359	0.359	NUM
ajfa-15640	171	58	-0.139	-0.139	PUNCT
ajfa-15640	171	59	0.163	0.163	NUM
ajfa-15640	171	60	fs	fs	ADP
ajfa-15640	171	61	-0.005	-0.005	NUM
ajfa-15640	171	62	0.944	0.944	NUM
ajfa-15640	171	63	0.062	0.062	NUM
ajfa-15640	171	64	0.405	0.405	NUM
ajfa-15640	171	65	0.074	0.074	NUM
ajfa-15640	171	66	0.407	0.407	NUM
ajfa-15640	171	67	0.118	0.118	NUM
ajfa-15640	171	68	0.186	0.186	NUM
ajfa-15640	171	69	r	r	NOUN
ajfa-15640	171	70	.695a	.695a	PUNCT
ajfa-15640	172	1	.657a	.657a	PUNCT
ajfa-15640	172	2	.461a	.461a	PUNCT
ajfa-15640	173	1	.421a	.421a	PROPN
ajfa-15640	173	2	r²	r²	VERB
ajfa-15640	173	3	0.482	0.482	NUM
ajfa-15640	173	4	0.431	0.431	NUM
ajfa-15640	173	5	0.213	0.213	NUM
ajfa-15640	173	6	0.177	0.177	NUM
ajfa-15640	173	7	f	f	PROPN
ajfa-15640	173	8	20.136	20.136	NUM
ajfa-15640	173	9	16.385	16.385	NUM
ajfa-15640	173	10	5.832	5.832	NUM
ajfa-15640	173	11	4.647	4.647	NUM
ajfa-15640	173	12	sig	sig	NOUN
ajfa-15640	173	13	.	.	PUNCT
ajfa-15640	174	1	.000a	.000a	PROPN
ajfa-15640	174	2	.000a	.000a	PROPN
ajfa-15640	175	1	.000a	.000a	PROPN
ajfa-15640	175	2	.001a	.001a	PROPN
ajfa-15640	175	3	model	model	NOUN
ajfa-15640	175	4	(	(	PUNCT
ajfa-15640	175	5	1	1	X
ajfa-15640	175	6	)	)	PUNCT
ajfa-15640	175	7	tests	test	VERB
ajfa-15640	175	8	the	the	DET
ajfa-15640	175	9	hypothesis	hypothesis	NOUN
ajfa-15640	175	10	that	that	PRON
ajfa-15640	175	11	the	the	DET
ajfa-15640	175	12	ccc	ccc	PROPN
ajfa-15640	175	13	has	have	VERB
ajfa-15640	175	14	no	no	DET
ajfa-15640	175	15	relationship	relationship	NOUN
ajfa-15640	175	16	with	with	ADP
ajfa-15640	175	17	the	the	DET
ajfa-15640	175	18	profitability	profitability	NOUN
ajfa-15640	175	19	of	of	ADP
ajfa-15640	175	20	manufacturing	manufacturing	NOUN
ajfa-15640	175	21	firms	firm	NOUN
ajfa-15640	175	22	in	in	ADP
ajfa-15640	175	23	jordan	jordan	PROPN
ajfa-15640	175	24	.	.	PUNCT
ajfa-15640	176	1	the	the	DET
ajfa-15640	176	2	regression	regression	NOUN
ajfa-15640	176	3	results	result	NOUN
ajfa-15640	176	4	indicate	indicate	VERB
ajfa-15640	176	5	that	that	SCONJ
ajfa-15640	176	6	the	the	DET
ajfa-15640	176	7	coefficient	coefficient	NOUN
ajfa-15640	176	8	of	of	ADP
ajfa-15640	176	9	ccc	ccc	PROPN
ajfa-15640	176	10	is	be	AUX
ajfa-15640	176	11	negative	negative	ADJ
ajfa-15640	176	12	with	with	ADP
ajfa-15640	176	13	-0.598	-0.598	ADJ
ajfa-15640	176	14	,	,	PUNCT
ajfa-15640	176	15	and	and	CCONJ
ajfa-15640	176	16	p	p	X
ajfa-15640	176	17	-	-	PUNCT
ajfa-15640	176	18	value	value	NOUN
ajfa-15640	176	19	of	of	ADP
ajfa-15640	176	20	ccc	ccc	PROPN
ajfa-15640	176	21	is	be	AUX
ajfa-15640	176	22	0.000	0.000	NUM
ajfa-15640	176	23	(	(	PUNCT
ajfa-15640	176	24	p<0.05	p<0.05	PROPN
ajfa-15640	176	25	)	)	PUNCT
ajfa-15640	176	26	which	which	PRON
ajfa-15640	176	27	means	mean	VERB
ajfa-15640	176	28	that	that	SCONJ
ajfa-15640	176	29	the	the	DET
ajfa-15640	176	30	ccc	ccc	PROPN
ajfa-15640	176	31	has	have	VERB
ajfa-15640	176	32	a	a	DET
ajfa-15640	176	33	significant	significant	ADJ
ajfa-15640	176	34	impact	impact	NOUN
ajfa-15640	176	35	on	on	ADP
ajfa-15640	176	36	the	the	DET
ajfa-15640	176	37	roa	roa	NOUN
ajfa-15640	176	38	of	of	ADP
ajfa-15640	176	39	firms	firm	NOUN
ajfa-15640	176	40	in	in	ADP
ajfa-15640	176	41	jordan	jordan	PROPN
ajfa-15640	176	42	.	.	PUNCT
ajfa-15640	177	1	in	in	ADP
ajfa-15640	177	2	addition	addition	NOUN
ajfa-15640	177	3	,	,	PUNCT
ajfa-15640	177	4	the	the	DET
ajfa-15640	177	5	overall	overall	ADJ
ajfa-15640	177	6	model	model	NOUN
ajfa-15640	177	7	is	be	AUX
ajfa-15640	177	8	statistically	statistically	ADV
ajfa-15640	177	9	asian	asian	ADJ
ajfa-15640	177	10	journal	journal	NOUN
ajfa-15640	177	11	of	of	ADP
ajfa-15640	177	12	finance	finance	PROPN
ajfa-15640	177	13	&	&	CCONJ
ajfa-15640	177	14	accounting	accounting	PROPN
ajfa-15640	177	15	issn	issn	PROPN
ajfa-15640	177	16	1946	1946	NUM
ajfa-15640	177	17	-	-	PUNCT
ajfa-15640	177	18	052x	052x	PROPN
ajfa-15640	177	19	2019	2019	NUM
ajfa-15640	177	20	,	,	PUNCT
ajfa-15640	177	21	vol	vol	NOUN
ajfa-15640	177	22	.	.	PROPN
ajfa-15640	177	23	11	11	NUM
ajfa-15640	177	24	,	,	PUNCT
ajfa-15640	177	25	no	no	INTJ
ajfa-15640	177	26	.	.	NOUN
ajfa-15640	177	27	2	2	NUM
ajfa-15640	177	28	ajfa.macrothink.org/	ajfa.macrothink.org/	NOUN
ajfa-15640	177	29	92	92	NUM
ajfa-15640	177	30	significant	significant	ADJ
ajfa-15640	177	31	,	,	PUNCT
ajfa-15640	177	32	as	as	SCONJ
ajfa-15640	177	33	it	it	PRON
ajfa-15640	177	34	is	be	AUX
ajfa-15640	177	35	indicated	indicate	VERB
ajfa-15640	177	36	by	by	ADP
ajfa-15640	177	37	the	the	DET
ajfa-15640	177	38	f	f	NOUN
ajfa-15640	177	39	-	-	PUNCT
ajfa-15640	177	40	value	value	NOUN
ajfa-15640	177	41	of	of	ADP
ajfa-15640	177	42	20.136	20.136	NUM
ajfa-15640	177	43	with	with	ADP
ajfa-15640	177	44	(	(	PUNCT
ajfa-15640	177	45	p<0.01	p<0.01	PROPN
ajfa-15640	177	46	)	)	PUNCT
ajfa-15640	177	47	.	.	PUNCT
ajfa-15640	178	1	the	the	DET
ajfa-15640	178	2	model	model	NOUN
ajfa-15640	178	3	’s	’s	PART
ajfa-15640	178	4	adjusted	adjust	VERB
ajfa-15640	178	5	r	r	NOUN
ajfa-15640	178	6	square	square	NOUN
ajfa-15640	178	7	implies	imply	VERB
ajfa-15640	178	8	that	that	SCONJ
ajfa-15640	178	9	48.2	48.2	NUM
ajfa-15640	178	10	%	%	NOUN
ajfa-15640	178	11	of	of	ADP
ajfa-15640	178	12	the	the	DET
ajfa-15640	178	13	variation	variation	NOUN
ajfa-15640	178	14	in	in	ADP
ajfa-15640	178	15	the	the	DET
ajfa-15640	178	16	profitability	profitability	NOUN
ajfa-15640	178	17	of	of	ADP
ajfa-15640	178	18	the	the	DET
ajfa-15640	178	19	firms	firm	NOUN
ajfa-15640	178	20	can	can	AUX
ajfa-15640	178	21	be	be	AUX
ajfa-15640	178	22	explained	explain	VERB
ajfa-15640	178	23	by	by	ADP
ajfa-15640	178	24	the	the	DET
ajfa-15640	178	25	model	model	NOUN
ajfa-15640	178	26	.	.	PUNCT
ajfa-15640	179	1	thus	thus	ADV
ajfa-15640	179	2	,	,	PUNCT
ajfa-15640	179	3	ho1	ho1	NOUN
ajfa-15640	179	4	hypothesis	hypothesis	NOUN
ajfa-15640	179	5	is	be	AUX
ajfa-15640	179	6	rejected	reject	VERB
ajfa-15640	179	7	and	and	CCONJ
ajfa-15640	179	8	is	be	AUX
ajfa-15640	179	9	concluded	conclude	VERB
ajfa-15640	179	10	that	that	SCONJ
ajfa-15640	179	11	the	the	DET
ajfa-15640	179	12	ccc	ccc	PROPN
ajfa-15640	179	13	is	be	AUX
ajfa-15640	179	14	statistically	statistically	ADV
ajfa-15640	179	15	significant	significant	ADJ
ajfa-15640	179	16	at	at	ADP
ajfa-15640	179	17	1	1	NUM
ajfa-15640	179	18	%	%	NOUN
ajfa-15640	179	19	significance	significance	NOUN
ajfa-15640	179	20	level	level	NOUN
ajfa-15640	179	21	(	(	PUNCT
ajfa-15640	179	22	p<=0.01	p<=0.01	PROPN
ajfa-15640	179	23	)	)	PUNCT
ajfa-15640	179	24	.	.	PUNCT
ajfa-15640	180	1	model	model	NOUN
ajfa-15640	180	2	(	(	PUNCT
ajfa-15640	180	3	2	2	X
ajfa-15640	180	4	)	)	PUNCT
ajfa-15640	180	5	tests	test	VERB
ajfa-15640	180	6	the	the	DET
ajfa-15640	180	7	hypothesis	hypothesis	NOUN
ajfa-15640	180	8	that	that	PRON
ajfa-15640	180	9	the	the	DET
ajfa-15640	180	10	ivp	ivp	NOUN
ajfa-15640	180	11	,	,	PUNCT
ajfa-15640	180	12	which	which	PRON
ajfa-15640	180	13	is	be	AUX
ajfa-15640	180	14	one	one	NUM
ajfa-15640	180	15	of	of	ADP
ajfa-15640	180	16	ccc	ccc	PROPN
ajfa-15640	180	17	components	component	NOUN
ajfa-15640	180	18	,	,	PUNCT
ajfa-15640	180	19	has	have	VERB
ajfa-15640	180	20	no	no	DET
ajfa-15640	180	21	relationship	relationship	NOUN
ajfa-15640	180	22	with	with	ADP
ajfa-15640	180	23	the	the	DET
ajfa-15640	180	24	profitability	profitability	NOUN
ajfa-15640	180	25	of	of	ADP
ajfa-15640	180	26	manufacturing	manufacturing	NOUN
ajfa-15640	180	27	firms	firm	NOUN
ajfa-15640	180	28	in	in	ADP
ajfa-15640	180	29	jordan	jordan	PROPN
ajfa-15640	180	30	.	.	PUNCT
ajfa-15640	181	1	the	the	DET
ajfa-15640	181	2	regression	regression	NOUN
ajfa-15640	181	3	results	result	NOUN
ajfa-15640	181	4	indicate	indicate	VERB
ajfa-15640	181	5	that	that	SCONJ
ajfa-15640	181	6	the	the	DET
ajfa-15640	181	7	coefficient	coefficient	NOUN
ajfa-15640	181	8	of	of	ADP
ajfa-15640	181	9	ivp	ivp	PROPN
ajfa-15640	181	10	is	be	AUX
ajfa-15640	181	11	negative	negative	ADJ
ajfa-15640	181	12	with	with	ADP
ajfa-15640	181	13	-0.525	-0.525	PRON
ajfa-15640	181	14	,	,	PUNCT
ajfa-15640	181	15	and	and	CCONJ
ajfa-15640	181	16	p	p	X
ajfa-15640	181	17	-	-	PUNCT
ajfa-15640	181	18	value	value	NOUN
ajfa-15640	181	19	of	of	ADP
ajfa-15640	181	20	ivp	ivp	NOUN
ajfa-15640	181	21	is	be	AUX
ajfa-15640	181	22	0.000	0.000	NUM
ajfa-15640	181	23	(	(	PUNCT
ajfa-15640	181	24	p<0.05	p<0.05	PROPN
ajfa-15640	181	25	)	)	PUNCT
ajfa-15640	181	26	which	which	PRON
ajfa-15640	181	27	means	mean	VERB
ajfa-15640	181	28	that	that	SCONJ
ajfa-15640	181	29	the	the	DET
ajfa-15640	181	30	ivp	ivp	NOUN
ajfa-15640	181	31	has	have	VERB
ajfa-15640	181	32	a	a	DET
ajfa-15640	181	33	significant	significant	ADJ
ajfa-15640	181	34	impact	impact	NOUN
ajfa-15640	181	35	on	on	ADP
ajfa-15640	181	36	the	the	DET
ajfa-15640	181	37	roa	roa	NOUN
ajfa-15640	181	38	of	of	ADP
ajfa-15640	181	39	firms	firm	NOUN
ajfa-15640	181	40	in	in	ADP
ajfa-15640	181	41	jordan	jordan	PROPN
ajfa-15640	181	42	.	.	PUNCT
ajfa-15640	182	1	thus	thus	ADV
ajfa-15640	182	2	,	,	PUNCT
ajfa-15640	182	3	ho2	ho2	PROPN
ajfa-15640	182	4	hypothesis	hypothesis	NOUN
ajfa-15640	182	5	is	be	AUX
ajfa-15640	182	6	rejected	reject	VERB
ajfa-15640	182	7	and	and	CCONJ
ajfa-15640	182	8	is	be	AUX
ajfa-15640	182	9	concluded	conclude	VERB
ajfa-15640	182	10	that	that	SCONJ
ajfa-15640	182	11	the	the	DET
ajfa-15640	182	12	ivp	ivp	NOUN
ajfa-15640	182	13	is	be	AUX
ajfa-15640	182	14	statistically	statistically	ADV
ajfa-15640	182	15	significant	significant	ADJ
ajfa-15640	182	16	at	at	ADP
ajfa-15640	182	17	1	1	NUM
ajfa-15640	182	18	%	%	NOUN
ajfa-15640	182	19	significance	significance	NOUN
ajfa-15640	182	20	level	level	NOUN
ajfa-15640	182	21	(	(	PUNCT
ajfa-15640	182	22	p<=0.01	p<=0.01	PROPN
ajfa-15640	182	23	)	)	PUNCT
ajfa-15640	182	24	.	.	PUNCT
ajfa-15640	183	1	model	model	NOUN
ajfa-15640	183	2	(	(	PUNCT
ajfa-15640	183	3	3	3	X
ajfa-15640	183	4	)	)	PUNCT
ajfa-15640	183	5	tests	test	VERB
ajfa-15640	183	6	the	the	DET
ajfa-15640	183	7	hypothesis	hypothesis	NOUN
ajfa-15640	183	8	that	that	SCONJ
ajfa-15640	183	9	the	the	DET
ajfa-15640	183	10	rvp	rvp	NOUN
ajfa-15640	183	11	,	,	PUNCT
ajfa-15640	183	12	which	which	PRON
ajfa-15640	183	13	is	be	AUX
ajfa-15640	183	14	one	one	NUM
ajfa-15640	183	15	of	of	ADP
ajfa-15640	183	16	ccc	ccc	PROPN
ajfa-15640	183	17	components	component	NOUN
ajfa-15640	183	18	,	,	PUNCT
ajfa-15640	183	19	has	have	AUX
ajfa-15640	183	20	no	no	DET
ajfa-15640	183	21	relationship	relationship	NOUN
ajfa-15640	183	22	with	with	ADP
ajfa-15640	183	23	the	the	DET
ajfa-15640	183	24	profitability	profitability	NOUN
ajfa-15640	183	25	of	of	ADP
ajfa-15640	183	26	manufacturing	manufacturing	NOUN
ajfa-15640	183	27	firms	firm	NOUN
ajfa-15640	183	28	in	in	ADP
ajfa-15640	183	29	jordan	jordan	PROPN
ajfa-15640	183	30	.	.	PUNCT
ajfa-15640	184	1	the	the	DET
ajfa-15640	184	2	regression	regression	NOUN
ajfa-15640	184	3	results	result	NOUN
ajfa-15640	184	4	indicate	indicate	VERB
ajfa-15640	184	5	that	that	SCONJ
ajfa-15640	184	6	the	the	DET
ajfa-15640	184	7	coefficient	coefficient	NOUN
ajfa-15640	184	8	of	of	ADP
ajfa-15640	184	9	rvp	rvp	NOUN
ajfa-15640	184	10	is	be	AUX
ajfa-15640	184	11	negative	negative	ADJ
ajfa-15640	184	12	with	with	ADP
ajfa-15640	184	13	-0.217	-0.217	NOUN
ajfa-15640	184	14	,	,	PUNCT
ajfa-15640	184	15	and	and	CCONJ
ajfa-15640	184	16	p	p	X
ajfa-15640	184	17	-	-	PUNCT
ajfa-15640	184	18	value	value	NOUN
ajfa-15640	184	19	of	of	ADP
ajfa-15640	184	20	rvp	rvp	NOUN
ajfa-15640	184	21	is	be	AUX
ajfa-15640	184	22	0.023	0.023	NUM
ajfa-15640	184	23	(	(	PUNCT
ajfa-15640	184	24	p<0.05	p<0.05	PROPN
ajfa-15640	184	25	)	)	PUNCT
ajfa-15640	184	26	which	which	PRON
ajfa-15640	184	27	means	mean	VERB
ajfa-15640	184	28	that	that	SCONJ
ajfa-15640	184	29	the	the	DET
ajfa-15640	184	30	rvp	rvp	NOUN
ajfa-15640	184	31	has	have	VERB
ajfa-15640	184	32	a	a	DET
ajfa-15640	184	33	significant	significant	ADJ
ajfa-15640	184	34	impact	impact	NOUN
ajfa-15640	184	35	on	on	ADP
ajfa-15640	184	36	the	the	DET
ajfa-15640	184	37	roa	roa	NOUN
ajfa-15640	184	38	of	of	ADP
ajfa-15640	184	39	firms	firm	NOUN
ajfa-15640	184	40	in	in	ADP
ajfa-15640	184	41	jordan	jordan	PROPN
ajfa-15640	184	42	.	.	PUNCT
ajfa-15640	185	1	thus	thus	ADV
ajfa-15640	185	2	,	,	PUNCT
ajfa-15640	185	3	ho2	ho2	PROPN
ajfa-15640	185	4	hypothesis	hypothesis	NOUN
ajfa-15640	185	5	is	be	AUX
ajfa-15640	185	6	rejected	reject	VERB
ajfa-15640	185	7	and	and	CCONJ
ajfa-15640	185	8	is	be	AUX
ajfa-15640	185	9	concluded	conclude	VERB
ajfa-15640	185	10	that	that	SCONJ
ajfa-15640	185	11	the	the	DET
ajfa-15640	185	12	rvp	rvp	NOUN
ajfa-15640	185	13	is	be	AUX
ajfa-15640	185	14	statistically	statistically	ADV
ajfa-15640	185	15	significant	significant	ADJ
ajfa-15640	185	16	at	at	ADP
ajfa-15640	185	17	1	1	NUM
ajfa-15640	185	18	%	%	NOUN
ajfa-15640	185	19	significance	significance	NOUN
ajfa-15640	185	20	level	level	NOUN
ajfa-15640	185	21	(	(	PUNCT
ajfa-15640	185	22	p<=0.05	p<=0.05	NOUN
ajfa-15640	185	23	)	)	PUNCT
ajfa-15640	185	24	.	.	PUNCT
ajfa-15640	186	1	model	model	NOUN
ajfa-15640	186	2	(	(	PUNCT
ajfa-15640	186	3	4	4	X
ajfa-15640	186	4	)	)	PUNCT
ajfa-15640	186	5	tests	test	VERB
ajfa-15640	186	6	the	the	DET
ajfa-15640	186	7	hypothesis	hypothesis	NOUN
ajfa-15640	186	8	that	that	PRON
ajfa-15640	186	9	the	the	DET
ajfa-15640	186	10	pyp	pyp	PROPN
ajfa-15640	186	11	,	,	PUNCT
ajfa-15640	186	12	which	which	PRON
ajfa-15640	186	13	is	be	AUX
ajfa-15640	186	14	one	one	NUM
ajfa-15640	186	15	of	of	ADP
ajfa-15640	186	16	ccc	ccc	PROPN
ajfa-15640	186	17	components	component	NOUN
ajfa-15640	186	18	,	,	PUNCT
ajfa-15640	186	19	has	have	VERB
ajfa-15640	186	20	no	no	DET
ajfa-15640	186	21	relationship	relationship	NOUN
ajfa-15640	186	22	with	with	ADP
ajfa-15640	186	23	the	the	DET
ajfa-15640	186	24	profitability	profitability	NOUN
ajfa-15640	186	25	of	of	ADP
ajfa-15640	186	26	manufacturing	manufacturing	NOUN
ajfa-15640	186	27	firms	firm	NOUN
ajfa-15640	186	28	in	in	ADP
ajfa-15640	186	29	jordan	jordan	PROPN
ajfa-15640	186	30	.	.	PUNCT
ajfa-15640	187	1	the	the	DET
ajfa-15640	187	2	regression	regression	NOUN
ajfa-15640	187	3	results	result	NOUN
ajfa-15640	187	4	indicate	indicate	VERB
ajfa-15640	187	5	that	that	SCONJ
ajfa-15640	187	6	the	the	DET
ajfa-15640	187	7	coefficient	coefficient	NOUN
ajfa-15640	187	8	of	of	ADP
ajfa-15640	187	9	pyp	pyp	PROPN
ajfa-15640	187	10	is	be	AUX
ajfa-15640	187	11	negative	negative	ADJ
ajfa-15640	187	12	with	with	ADP
ajfa-15640	187	13	-0.062	-0.062	PRON
ajfa-15640	187	14	,	,	PUNCT
ajfa-15640	187	15	and	and	CCONJ
ajfa-15640	187	16	p	p	X
ajfa-15640	187	17	-	-	PUNCT
ajfa-15640	187	18	value	value	NOUN
ajfa-15640	187	19	of	of	ADP
ajfa-15640	187	20	pyp	pyp	PROPN
ajfa-15640	187	21	is	be	AUX
ajfa-15640	187	22	0.503	0.503	NUM
ajfa-15640	187	23	(	(	PUNCT
ajfa-15640	187	24	p>0.05	p>0.05	PROPN
ajfa-15640	187	25	)	)	PUNCT
ajfa-15640	187	26	which	which	PRON
ajfa-15640	187	27	means	mean	VERB
ajfa-15640	187	28	that	that	SCONJ
ajfa-15640	187	29	the	the	DET
ajfa-15640	187	30	pyp	pyp	PROPN
ajfa-15640	187	31	has	have	VERB
ajfa-15640	187	32	insignificant	insignificant	ADJ
ajfa-15640	187	33	impact	impact	NOUN
ajfa-15640	187	34	on	on	ADP
ajfa-15640	187	35	the	the	DET
ajfa-15640	187	36	roa	roa	NOUN
ajfa-15640	187	37	of	of	ADP
ajfa-15640	187	38	firms	firm	NOUN
ajfa-15640	187	39	in	in	ADP
ajfa-15640	187	40	jordan	jordan	PROPN
ajfa-15640	187	41	.	.	PUNCT
ajfa-15640	188	1	thus	thus	ADV
ajfa-15640	188	2	,	,	PUNCT
ajfa-15640	188	3	ho2	ho2	PROPN
ajfa-15640	188	4	hypothesis	hypothesis	NOUN
ajfa-15640	188	5	is	be	AUX
ajfa-15640	188	6	not	not	PART
ajfa-15640	188	7	rejected	reject	VERB
ajfa-15640	188	8	and	and	CCONJ
ajfa-15640	188	9	is	be	AUX
ajfa-15640	188	10	concluded	conclude	VERB
ajfa-15640	188	11	that	that	SCONJ
ajfa-15640	188	12	the	the	DET
ajfa-15640	188	13	pyp	pyp	PROPN
ajfa-15640	188	14	is	be	AUX
ajfa-15640	188	15	statistically	statistically	ADV
ajfa-15640	188	16	insignificant	insignificant	ADJ
ajfa-15640	188	17	at	at	ADP
ajfa-15640	188	18	1	1	NUM
ajfa-15640	188	19	%	%	NOUN
ajfa-15640	188	20	significance	significance	NOUN
ajfa-15640	188	21	level	level	NOUN
ajfa-15640	188	22	(	(	PUNCT
ajfa-15640	188	23	p>0.05	p>0.05	NOUN
ajfa-15640	188	24	)	)	PUNCT
ajfa-15640	188	25	.	.	PUNCT
ajfa-15640	189	1	control	control	PROPN
ajfa-15640	189	2	variables	variable	NOUN
ajfa-15640	189	3	'	'	PART
ajfa-15640	189	4	values	value	NOUN
ajfa-15640	189	5	of	of	ADP
ajfa-15640	189	6	regression	regression	NOUN
ajfa-15640	189	7	beta	beta	ADJ
ajfa-15640	189	8	coefficients	coefficient	NOUN
ajfa-15640	189	9	have	have	VERB
ajfa-15640	189	10	the	the	DET
ajfa-15640	189	11	direct	direct	ADJ
ajfa-15640	189	12	or	or	CCONJ
ajfa-15640	189	13	indirect	indirect	ADJ
ajfa-15640	189	14	impact	impact	NOUN
ajfa-15640	189	15	of	of	ADP
ajfa-15640	189	16	on	on	ADP
ajfa-15640	189	17	the	the	DET
ajfa-15640	189	18	roe	roe	NOUN
ajfa-15640	189	19	by	by	ADP
ajfa-15640	189	20	giving	give	VERB
ajfa-15640	189	21	a	a	DET
ajfa-15640	189	22	positive	positive	ADJ
ajfa-15640	189	23	or	or	CCONJ
ajfa-15640	189	24	negative	negative	ADJ
ajfa-15640	189	25	value	value	NOUN
ajfa-15640	189	26	.	.	PUNCT
ajfa-15640	190	1	some	some	PRON
ajfa-15640	190	2	of	of	ADP
ajfa-15640	190	3	them	they	PRON
ajfa-15640	190	4	have	have	VERB
ajfa-15640	190	5	either	either	CCONJ
ajfa-15640	190	6	significance	significance	NOUN
ajfa-15640	190	7	or	or	CCONJ
ajfa-15640	190	8	insignificance	insignificance	NOUN
ajfa-15640	190	9	impact	impact	NOUN
ajfa-15640	190	10	on	on	ADP
ajfa-15640	190	11	roe	roe	NOUN
ajfa-15640	190	12	of	of	ADP
ajfa-15640	190	13	the	the	DET
ajfa-15640	190	14	firm	firm	NOUN
ajfa-15640	190	15	in	in	ADP
ajfa-15640	190	16	the	the	DET
ajfa-15640	190	17	manufacturing	manufacturing	NOUN
ajfa-15640	190	18	sector	sector	NOUN
ajfa-15640	190	19	in	in	ADP
ajfa-15640	190	20	jordan	jordan	PROPN
ajfa-15640	190	21	.	.	PUNCT
ajfa-15640	191	1	p	p	X
ajfa-15640	191	2	-	-	PUNCT
ajfa-15640	191	3	value	value	NOUN
ajfa-15640	191	4	of	of	ADP
ajfa-15640	191	5	lev	lev	NOUN
ajfa-15640	191	6	is	be	AUX
ajfa-15640	191	7	0.019	0.019	NUM
ajfa-15640	191	8	,	,	PUNCT
ajfa-15640	191	9	0.008	0.008	NUM
ajfa-15640	191	10	,	,	PUNCT
ajfa-15640	191	11	0.003	0.003	NUM
ajfa-15640	191	12	in	in	ADP
ajfa-15640	191	13	model	model	NOUN
ajfa-15640	191	14	2	2	NUM
ajfa-15640	191	15	,	,	PUNCT
ajfa-15640	191	16	3	3	NUM
ajfa-15640	191	17	and	and	CCONJ
ajfa-15640	191	18	4	4	NUM
ajfa-15640	191	19	respectively	respectively	ADV
ajfa-15640	191	20	,	,	PUNCT
ajfa-15640	191	21	these	these	DET
ajfa-15640	191	22	findings	finding	NOUN
ajfa-15640	191	23	show	show	VERB
ajfa-15640	191	24	that	that	SCONJ
ajfa-15640	191	25	the	the	DET
ajfa-15640	191	26	leverage	leverage	NOUN
ajfa-15640	191	27	(	(	PUNCT
ajfa-15640	191	28	lev	lev	NOUN
ajfa-15640	191	29	)	)	PUNCT
ajfa-15640	191	30	has	have	VERB
ajfa-15640	191	31	a	a	DET
ajfa-15640	191	32	significant	significant	ADJ
ajfa-15640	191	33	impact	impact	NOUN
ajfa-15640	191	34	on	on	ADP
ajfa-15640	191	35	roe	roe	NOUN
ajfa-15640	191	36	of	of	ADP
ajfa-15640	191	37	the	the	DET
ajfa-15640	191	38	firm	firm	NOUN
ajfa-15640	191	39	,	,	PUNCT
ajfa-15640	191	40	therefore	therefore	ADV
ajfa-15640	191	41	the	the	DET
ajfa-15640	191	42	third	third	ADJ
ajfa-15640	191	43	hypothesis	hypothesis	NOUN
ajfa-15640	191	44	is	be	AUX
ajfa-15640	191	45	rejected	reject	VERB
ajfa-15640	191	46	on	on	ADP
ajfa-15640	191	47	the	the	DET
ajfa-15640	191	48	basis	basis	NOUN
ajfa-15640	191	49	of	of	ADP
ajfa-15640	191	50	these	these	DET
ajfa-15640	191	51	findings	finding	NOUN
ajfa-15640	191	52	.	.	PUNCT
ajfa-15640	192	1	moreover	moreover	ADV
ajfa-15640	192	2	,	,	PUNCT
ajfa-15640	192	3	p	p	ADJ
ajfa-15640	192	4	-	-	PUNCT
ajfa-15640	192	5	value	value	NOUN
ajfa-15640	192	6	err	err	NOUN
ajfa-15640	192	7	is	be	AUX
ajfa-15640	192	8	0.031	0.031	NUM
ajfa-15640	192	9	in	in	ADP
ajfa-15640	192	10	model	model	NOUN
ajfa-15640	192	11	2	2	NUM
ajfa-15640	192	12	,	,	PUNCT
ajfa-15640	192	13	these	these	DET
ajfa-15640	192	14	findings	finding	NOUN
ajfa-15640	192	15	show	show	VERB
ajfa-15640	192	16	that	that	SCONJ
ajfa-15640	192	17	the	the	DET
ajfa-15640	192	18	operating	operating	NOUN
ajfa-15640	192	19	expenses	expense	NOUN
ajfa-15640	192	20	to	to	ADP
ajfa-15640	192	21	operating	operate	VERB
ajfa-15640	192	22	income	income	NOUN
ajfa-15640	192	23	ratio	ratio	NOUN
ajfa-15640	192	24	(	(	PUNCT
ajfa-15640	192	25	err	err	NOUN
ajfa-15640	192	26	)	)	PUNCT
ajfa-15640	192	27	has	have	VERB
ajfa-15640	192	28	a	a	DET
ajfa-15640	192	29	significant	significant	ADJ
ajfa-15640	192	30	impact	impact	NOUN
ajfa-15640	192	31	on	on	ADP
ajfa-15640	192	32	roe	roe	NOUN
ajfa-15640	192	33	of	of	ADP
ajfa-15640	192	34	the	the	DET
ajfa-15640	192	35	firm	firm	NOUN
ajfa-15640	192	36	,	,	PUNCT
ajfa-15640	192	37	therefore	therefore	ADV
ajfa-15640	192	38	the	the	DET
ajfa-15640	192	39	third	third	ADJ
ajfa-15640	192	40	hypothesis	hypothesis	NOUN
ajfa-15640	192	41	is	be	AUX
ajfa-15640	192	42	rejected	reject	VERB
ajfa-15640	192	43	on	on	ADP
ajfa-15640	192	44	the	the	DET
ajfa-15640	192	45	basis	basis	NOUN
ajfa-15640	192	46	of	of	ADP
ajfa-15640	192	47	these	these	DET
ajfa-15640	192	48	findings	finding	NOUN
ajfa-15640	192	49	.	.	PUNCT
ajfa-15640	193	1	in	in	ADP
ajfa-15640	193	2	contrast	contrast	NOUN
ajfa-15640	193	3	,	,	PUNCT
ajfa-15640	193	4	both	both	DET
ajfa-15640	193	5	fixed	fix	VERB
ajfa-15640	193	6	assets	asset	NOUN
ajfa-15640	193	7	ratio	ratio	NOUN
ajfa-15640	193	8	(	(	PUNCT
ajfa-15640	193	9	far	far	ADV
ajfa-15640	193	10	)	)	PUNCT
ajfa-15640	193	11	and	and	CCONJ
ajfa-15640	193	12	firm	firm	ADJ
ajfa-15640	193	13	size	size	NOUN
ajfa-15640	193	14	(	(	PUNCT
ajfa-15640	193	15	fs	fs	INTJ
ajfa-15640	193	16	)	)	PUNCT
ajfa-15640	193	17	have	have	VERB
ajfa-15640	193	18	an	an	DET
ajfa-15640	193	19	insignificant	insignificant	ADJ
ajfa-15640	193	20	impact	impact	NOUN
ajfa-15640	193	21	on	on	ADP
ajfa-15640	193	22	roe	roe	NOUN
ajfa-15640	193	23	of	of	ADP
ajfa-15640	193	24	the	the	DET
ajfa-15640	193	25	firm	firm	NOUN
ajfa-15640	193	26	.	.	PUNCT
ajfa-15640	194	1	6	6	X
ajfa-15640	194	2	.	.	X
ajfa-15640	194	3	findings	finding	NOUN
ajfa-15640	194	4	&	&	CCONJ
ajfa-15640	194	5	conclusions	conclusion	NOUN
ajfa-15640	194	6	:	:	PUNCT
ajfa-15640	194	7	this	this	DET
ajfa-15640	194	8	study	study	NOUN
ajfa-15640	194	9	investigates	investigate	VERB
ajfa-15640	194	10	the	the	DET
ajfa-15640	194	11	impact	impact	NOUN
ajfa-15640	194	12	of	of	ADP
ajfa-15640	194	13	working	work	VERB
ajfa-15640	194	14	capital	capital	NOUN
ajfa-15640	194	15	management	management	NOUN
ajfa-15640	194	16	and	and	CCONJ
ajfa-15640	194	17	its	its	PRON
ajfa-15640	194	18	components	component	NOUN
ajfa-15640	194	19	on	on	ADP
ajfa-15640	194	20	profitability	profitability	NOUN
ajfa-15640	194	21	as	as	ADP
ajfa-15640	194	22	a	a	DET
ajfa-15640	194	23	practical	practical	ADJ
ajfa-15640	194	24	aspect	aspect	NOUN
ajfa-15640	194	25	,	,	PUNCT
ajfa-15640	194	26	and	and	CCONJ
ajfa-15640	194	27	how	how	SCONJ
ajfa-15640	194	28	is	be	AUX
ajfa-15640	194	29	compatible	compatible	ADJ
ajfa-15640	194	30	with	with	ADP
ajfa-15640	194	31	the	the	DET
ajfa-15640	194	32	theoretical	theoretical	ADJ
ajfa-15640	194	33	aspect	aspect	NOUN
ajfa-15640	194	34	.	.	PUNCT
ajfa-15640	195	1	in	in	ADP
ajfa-15640	195	2	addition	addition	NOUN
ajfa-15640	195	3	,	,	PUNCT
ajfa-15640	195	4	it	it	PRON
ajfa-15640	195	5	examines	examine	VERB
ajfa-15640	195	6	other	other	ADJ
ajfa-15640	195	7	financial	financial	ADJ
ajfa-15640	195	8	factors	factor	NOUN
ajfa-15640	195	9	that	that	PRON
ajfa-15640	195	10	may	may	AUX
ajfa-15640	195	11	affect	affect	VERB
ajfa-15640	195	12	profitability	profitability	NOUN
ajfa-15640	195	13	by	by	ADP
ajfa-15640	195	14	using	use	VERB
ajfa-15640	195	15	a	a	DET
ajfa-15640	195	16	sample	sample	NOUN
ajfa-15640	195	17	of	of	ADP
ajfa-15640	195	18	jordanian	jordanian	ADJ
ajfa-15640	195	19	manufacturing	manufacturing	NOUN
ajfa-15640	195	20	firms	firm	NOUN
ajfa-15640	195	21	listed	list	VERB
ajfa-15640	195	22	in	in	ADP
ajfa-15640	195	23	the	the	DET
ajfa-15640	195	24	amman	amman	PROPN
ajfa-15640	195	25	stock	stock	PROPN
ajfa-15640	195	26	exchange	exchange	PROPN
ajfa-15640	195	27	for	for	ADP
ajfa-15640	195	28	the	the	DET
ajfa-15640	195	29	period	period	NOUN
ajfa-15640	195	30	(	(	PUNCT
ajfa-15640	195	31	2016	2016	NUM
ajfa-15640	195	32	-	-	SYM
ajfa-15640	195	33	2018	2018	NUM
ajfa-15640	195	34	)	)	PUNCT
ajfa-15640	195	35	.	.	PUNCT
ajfa-15640	196	1	results	result	NOUN
ajfa-15640	196	2	indicate	indicate	VERB
ajfa-15640	196	3	that	that	SCONJ
ajfa-15640	196	4	working	work	VERB
ajfa-15640	196	5	capital	capital	NOUN
ajfa-15640	196	6	management	management	NOUN
ajfa-15640	196	7	that	that	PRON
ajfa-15640	196	8	represents	represent	VERB
ajfa-15640	196	9	the	the	DET
ajfa-15640	196	10	cash	cash	NOUN
ajfa-15640	196	11	conversion	conversion	NOUN
ajfa-15640	196	12	cycle	cycle	NOUN
ajfa-15640	196	13	has	have	VERB
ajfa-15640	196	14	a	a	DET
ajfa-15640	196	15	significant	significant	ADJ
ajfa-15640	196	16	impact	impact	NOUN
ajfa-15640	196	17	on	on	ADP
ajfa-15640	196	18	the	the	DET
ajfa-15640	196	19	profitability	profitability	NOUN
ajfa-15640	196	20	of	of	ADP
ajfa-15640	196	21	firms	firm	NOUN
ajfa-15640	196	22	in	in	ADP
ajfa-15640	196	23	the	the	DET
ajfa-15640	196	24	manufacturing	manufacturing	NOUN
ajfa-15640	196	25	sector	sector	NOUN
ajfa-15640	196	26	,	,	PUNCT
ajfa-15640	196	27	therefore	therefore	ADV
ajfa-15640	196	28	,	,	PUNCT
ajfa-15640	196	29	the	the	DET
ajfa-15640	196	30	first	first	ADJ
ajfa-15640	196	31	asian	asian	ADJ
ajfa-15640	196	32	journal	journal	NOUN
ajfa-15640	196	33	of	of	ADP
ajfa-15640	196	34	finance	finance	PROPN
ajfa-15640	196	35	&	&	CCONJ
ajfa-15640	196	36	accounting	accounting	PROPN
ajfa-15640	196	37	issn	issn	PROPN
ajfa-15640	196	38	1946	1946	NUM
ajfa-15640	196	39	-	-	PUNCT
ajfa-15640	196	40	052x	052x	PROPN
ajfa-15640	196	41	2019	2019	NUM
ajfa-15640	196	42	,	,	PUNCT
ajfa-15640	196	43	vol	vol	NOUN
ajfa-15640	196	44	.	.	PROPN
ajfa-15640	196	45	11	11	NUM
ajfa-15640	196	46	,	,	PUNCT
ajfa-15640	196	47	no	no	INTJ
ajfa-15640	196	48	.	.	NOUN
ajfa-15640	196	49	2	2	NUM
ajfa-15640	196	50	ajfa.macrothink.org/	ajfa.macrothink.org/	NOUN
ajfa-15640	196	51	93	93	NUM
ajfa-15640	196	52	null	null	ADJ
ajfa-15640	196	53	hypothesis	hypothesis	NOUN
ajfa-15640	196	54	was	be	AUX
ajfa-15640	196	55	rejected	reject	VERB
ajfa-15640	196	56	and	and	CCONJ
ajfa-15640	196	57	the	the	DET
ajfa-15640	196	58	alternative	alternative	ADJ
ajfa-15640	196	59	hypothesis	hypothesis	NOUN
ajfa-15640	196	60	is	be	AUX
ajfa-15640	196	61	accepted	accept	VERB
ajfa-15640	196	62	.	.	PUNCT
ajfa-15640	197	1	the	the	DET
ajfa-15640	197	2	second	second	ADJ
ajfa-15640	197	3	null	null	ADJ
ajfa-15640	197	4	hypothesis	hypothesis	NOUN
ajfa-15640	197	5	was	be	AUX
ajfa-15640	197	6	rejected	reject	VERB
ajfa-15640	197	7	and	and	CCONJ
ajfa-15640	197	8	the	the	DET
ajfa-15640	197	9	alternative	alternative	ADJ
ajfa-15640	197	10	hypothesis	hypothesis	NOUN
ajfa-15640	197	11	is	be	AUX
ajfa-15640	197	12	accepted	accept	VERB
ajfa-15640	197	13	because	because	SCONJ
ajfa-15640	197	14	the	the	DET
ajfa-15640	197	15	results	result	NOUN
ajfa-15640	197	16	provide	provide	VERB
ajfa-15640	197	17	evidence	evidence	NOUN
ajfa-15640	197	18	that	that	SCONJ
ajfa-15640	197	19	the	the	DET
ajfa-15640	197	20	components	component	NOUN
ajfa-15640	197	21	of	of	ADP
ajfa-15640	197	22	the	the	DET
ajfa-15640	197	23	cash	cash	NOUN
ajfa-15640	197	24	conversion	conversion	NOUN
ajfa-15640	197	25	cycle	cycle	NOUN
ajfa-15640	197	26	have	have	AUX
ajfa-15640	197	27	a	a	DET
ajfa-15640	197	28	significant	significant	ADJ
ajfa-15640	197	29	impact	impact	NOUN
ajfa-15640	197	30	on	on	ADP
ajfa-15640	197	31	the	the	DET
ajfa-15640	197	32	firm	firm	NOUN
ajfa-15640	197	33	’	'	PUNCT
ajfa-15640	197	34	profitability	profitability	NOUN
ajfa-15640	197	35	.	.	PUNCT
ajfa-15640	198	1	this	this	DET
ajfa-15640	198	2	finding	finding	NOUN
ajfa-15640	198	3	indicates	indicate	VERB
ajfa-15640	198	4	that	that	SCONJ
ajfa-15640	198	5	the	the	DET
ajfa-15640	198	6	shorter	short	ADJ
ajfa-15640	198	7	the	the	DET
ajfa-15640	198	8	inventory	inventory	NOUN
ajfa-15640	198	9	period	period	NOUN
ajfa-15640	198	10	of	of	ADP
ajfa-15640	198	11	the	the	DET
ajfa-15640	198	12	company	company	NOUN
ajfa-15640	198	13	,	,	PUNCT
ajfa-15640	198	14	the	the	DET
ajfa-15640	198	15	shorter	short	ADJ
ajfa-15640	198	16	the	the	DET
ajfa-15640	198	17	accounts	account	NOUN
ajfa-15640	198	18	receivable	receivable	ADJ
ajfa-15640	198	19	period	period	NOUN
ajfa-15640	198	20	,	,	PUNCT
ajfa-15640	198	21	the	the	PRON
ajfa-15640	198	22	higher	high	ADJ
ajfa-15640	198	23	the	the	DET
ajfa-15640	198	24	firm	firm	ADJ
ajfa-15640	198	25	profitability	profitability	NOUN
ajfa-15640	198	26	.	.	PUNCT
ajfa-15640	199	1	in	in	ADP
ajfa-15640	199	2	contrast	contrast	NOUN
ajfa-15640	199	3	,	,	PUNCT
ajfa-15640	199	4	there	there	PRON
ajfa-15640	199	5	is	be	VERB
ajfa-15640	199	6	no	no	DET
ajfa-15640	199	7	relationship	relationship	NOUN
ajfa-15640	199	8	between	between	ADP
ajfa-15640	199	9	the	the	DET
ajfa-15640	199	10	profitability	profitability	NOUN
ajfa-15640	199	11	and	and	CCONJ
ajfa-15640	199	12	the	the	DET
ajfa-15640	199	13	accounts	account	NOUN
ajfa-15640	199	14	payable	payable	ADJ
ajfa-15640	199	15	period	period	NOUN
ajfa-15640	199	16	.	.	PUNCT
ajfa-15640	200	1	due	due	ADP
ajfa-15640	200	2	to	to	ADP
ajfa-15640	200	3	the	the	DET
ajfa-15640	200	4	firms	firm	NOUN
ajfa-15640	200	5	focus	focus	VERB
ajfa-15640	200	6	on	on	ADP
ajfa-15640	200	7	the	the	DET
ajfa-15640	200	8	liquidity	liquidity	NOUN
ajfa-15640	200	9	more	more	ADJ
ajfa-15640	200	10	than	than	ADP
ajfa-15640	200	11	profitability	profitability	NOUN
ajfa-15640	200	12	in	in	ADP
ajfa-15640	200	13	order	order	NOUN
ajfa-15640	200	14	to	to	PART
ajfa-15640	200	15	meet	meet	VERB
ajfa-15640	200	16	their	their	PRON
ajfa-15640	200	17	obligations	obligation	NOUN
ajfa-15640	200	18	,	,	PUNCT
ajfa-15640	200	19	especially	especially	ADV
ajfa-15640	200	20	,	,	PUNCT
ajfa-15640	200	21	they	they	PRON
ajfa-15640	200	22	concentrate	concentrate	VERB
ajfa-15640	200	23	on	on	ADP
ajfa-15640	200	24	the	the	DET
ajfa-15640	200	25	reputation	reputation	NOUN
ajfa-15640	200	26	earned	earn	VERB
ajfa-15640	200	27	for	for	ADP
ajfa-15640	200	28	borrowing	borrow	VERB
ajfa-15640	200	29	opportunities	opportunity	NOUN
ajfa-15640	200	30	that	that	PRON
ajfa-15640	200	31	may	may	AUX
ajfa-15640	200	32	ensure	ensure	VERB
ajfa-15640	200	33	financing	financing	NOUN
ajfa-15640	200	34	resources	resource	NOUN
ajfa-15640	200	35	as	as	SCONJ
ajfa-15640	200	36	it	it	PRON
ajfa-15640	200	37	needed	need	VERB
ajfa-15640	200	38	.	.	PUNCT
ajfa-15640	201	1	finally	finally	ADV
ajfa-15640	201	2	,	,	PUNCT
ajfa-15640	201	3	the	the	DET
ajfa-15640	201	4	third	third	ADJ
ajfa-15640	201	5	null	null	ADJ
ajfa-15640	201	6	hypothesis	hypothesis	NOUN
ajfa-15640	201	7	was	be	AUX
ajfa-15640	201	8	rejected	reject	VERB
ajfa-15640	201	9	and	and	CCONJ
ajfa-15640	201	10	the	the	DET
ajfa-15640	201	11	alternative	alternative	ADJ
ajfa-15640	201	12	hypothesis	hypothesis	NOUN
ajfa-15640	201	13	is	be	AUX
ajfa-15640	201	14	accepted	accept	VERB
ajfa-15640	201	15	because	because	SCONJ
ajfa-15640	201	16	the	the	DET
ajfa-15640	201	17	results	result	NOUN
ajfa-15640	201	18	provide	provide	VERB
ajfa-15640	201	19	evidence	evidence	NOUN
ajfa-15640	201	20	that	that	SCONJ
ajfa-15640	201	21	some	some	PRON
ajfa-15640	201	22	of	of	ADP
ajfa-15640	201	23	the	the	DET
ajfa-15640	201	24	financial	financial	ADJ
ajfa-15640	201	25	factors	factor	NOUN
ajfa-15640	201	26	have	have	AUX
ajfa-15640	201	27	a	a	DET
ajfa-15640	201	28	significant	significant	ADJ
ajfa-15640	201	29	impact	impact	NOUN
ajfa-15640	201	30	on	on	ADP
ajfa-15640	201	31	the	the	DET
ajfa-15640	201	32	firm	firm	ADJ
ajfa-15640	201	33	profitability	profitability	NOUN
ajfa-15640	201	34	.	.	PUNCT
ajfa-15640	202	1	this	this	DET
ajfa-15640	202	2	study	study	NOUN
ajfa-15640	202	3	is	be	AUX
ajfa-15640	202	4	conducted	conduct	VERB
ajfa-15640	202	5	in	in	ADP
ajfa-15640	202	6	the	the	DET
ajfa-15640	202	7	manufacturing	manufacturing	NOUN
ajfa-15640	202	8	sector	sector	NOUN
ajfa-15640	202	9	,	,	PUNCT
ajfa-15640	202	10	future	future	ADJ
ajfa-15640	202	11	studies	study	NOUN
ajfa-15640	202	12	should	should	AUX
ajfa-15640	202	13	be	be	AUX
ajfa-15640	202	14	done	do	VERB
ajfa-15640	202	15	within	within	ADP
ajfa-15640	202	16	a	a	DET
ajfa-15640	202	17	large	large	ADJ
ajfa-15640	202	18	sample	sample	NOUN
ajfa-15640	202	19	of	of	ADP
ajfa-15640	202	20	jordan	jordan	PROPN
ajfa-15640	202	21	to	to	PART
ajfa-15640	202	22	provide	provide	VERB
ajfa-15640	202	23	robust	robust	ADJ
ajfa-15640	202	24	evidence	evidence	NOUN
ajfa-15640	202	25	.	.	PUNCT
ajfa-15640	203	1	references	reference	NOUN
ajfa-15640	203	2	aeshad	aeshad	VERB
ajfa-15640	203	3	,	,	PUNCT
ajfa-15640	203	4	z.	z.	PROPN
ajfa-15640	203	5	,	,	PUNCT
ajfa-15640	203	6	&	&	CCONJ
ajfa-15640	203	7	gondal	gondal	NOUN
ajfa-15640	203	8	,	,	PUNCT
ajfa-15640	203	9	m.	m.	NOUN
ajfa-15640	203	10	(	(	PUNCT
ajfa-15640	203	11	2013	2013	NUM
ajfa-15640	203	12	)	)	PUNCT
ajfa-15640	203	13	.	.	PUNCT
ajfa-15640	204	1	impact	impact	NOUN
ajfa-15640	204	2	of	of	ADP
ajfa-15640	204	3	working	work	VERB
ajfa-15640	204	4	capital	capital	NOUN
ajfa-15640	204	5	management	management	NOUN
ajfa-15640	204	6	on	on	ADP
ajfa-15640	204	7	profitability	profitability	NOUN
ajfa-15640	204	8	:	:	PUNCT
ajfa-15640	204	9	a	a	DET
ajfa-15640	204	10	case	case	NOUN
ajfa-15640	204	11	of	of	ADP
ajfa-15640	204	12	the	the	DET
ajfa-15640	204	13	pakistan	pakistan	PROPN
ajfa-15640	204	14	cement	cement	NOUN
ajfa-15640	204	15	industry	industry	NOUN
ajfa-15640	204	16	.	.	PUNCT
ajfa-15640	205	1	interdisciplinary	interdisciplinary	ADJ
ajfa-15640	205	2	journal	journal	NOUN
ajfa-15640	205	3	of	of	ADP
ajfa-15640	205	4	contemporary	contemporary	ADJ
ajfa-15640	205	5	research	research	NOUN
ajfa-15640	205	6	in	in	ADP
ajfa-15640	205	7	business	business	NOUN
ajfa-15640	205	8	,	,	PUNCT
ajfa-15640	205	9	5(2	5(2	NUM
ajfa-15640	205	10	)	)	PUNCT
ajfa-15640	205	11	,	,	PUNCT
ajfa-15640	205	12	384	384	NUM
ajfa-15640	205	13	-	-	SYM
ajfa-15640	205	14	390	390	NUM
ajfa-15640	205	15	.	.	PUNCT
ajfa-15640	206	1	https://doi.org/10.13187/er.2015.91.86	https://doi.org/10.13187/er.2015.91.86	NOUN
ajfa-15640	206	2	alipour	alipour	ADJ
ajfa-15640	206	3	,	,	PUNCT
ajfa-15640	206	4	m.	m.	NOUN
ajfa-15640	206	5	(	(	PUNCT
ajfa-15640	206	6	2011	2011	NUM
ajfa-15640	206	7	)	)	PUNCT
ajfa-15640	206	8	.	.	PUNCT
ajfa-15640	207	1	working	work	VERB
ajfa-15640	207	2	capital	capital	NOUN
ajfa-15640	207	3	management	management	NOUN
ajfa-15640	207	4	and	and	CCONJ
ajfa-15640	207	5	corporate	corporate	ADJ
ajfa-15640	207	6	profitability	profitability	NOUN
ajfa-15640	207	7	:	:	PUNCT
ajfa-15640	207	8	evidence	evidence	NOUN
ajfa-15640	207	9	from	from	ADP
ajfa-15640	207	10	iran	iran	PROPN
ajfa-15640	207	11	.	.	PUNCT
ajfa-15640	208	1	world	world	PROPN
ajfa-15640	208	2	applied	apply	VERB
ajfa-15640	208	3	sciences	science	NOUN
ajfa-15640	208	4	journal	journal	NOUN
ajfa-15640	208	5	,	,	PUNCT
ajfa-15640	208	6	12(7	12(7	NUM
ajfa-15640	208	7	)	)	PUNCT
ajfa-15640	208	8	,	,	PUNCT
ajfa-15640	208	9	1093	1093	NUM
ajfa-15640	208	10	-	-	SYM
ajfa-15640	208	11	1099	1099	NUM
ajfa-15640	208	12	.	.	PUNCT
ajfa-15640	209	1	banomyong	banomyong	PROPN
ajfa-15640	209	2	,	,	PUNCT
ajfa-15640	209	3	r.	r.	PROPN
ajfa-15640	209	4	(	(	PUNCT
ajfa-15640	209	5	2005	2005	NUM
ajfa-15640	209	6	)	)	PUNCT
ajfa-15640	209	7	.	.	PUNCT
ajfa-15640	210	1	measuring	measure	VERB
ajfa-15640	210	2	the	the	DET
ajfa-15640	210	3	cash	cash	NOUN
ajfa-15640	210	4	conversion	conversion	NOUN
ajfa-15640	210	5	cycle	cycle	NOUN
ajfa-15640	210	6	in	in	ADP
ajfa-15640	210	7	an	an	DET
ajfa-15640	210	8	international	international	ADJ
ajfa-15640	210	9	supply	supply	NOUN
ajfa-15640	210	10	chain	chain	NOUN
ajfa-15640	210	11	.	.	PUNCT
ajfa-15640	211	1	annual	annual	ADJ
ajfa-15640	211	2	logistics	logistic	NOUN
ajfa-15640	211	3	research	research	NOUN
ajfa-15640	211	4	network	network	NOUN
ajfa-15640	211	5	.	.	PUNCT
ajfa-15640	212	1	(	(	PUNCT
ajfa-15640	212	2	lrn	lrn	PROPN
ajfa-15640	212	3	)	)	PUNCT
ajfa-15640	212	4	conference	conference	NOUN
ajfa-15640	212	5	proceedings	proceeding	NOUN
ajfa-15640	212	6	,	,	PUNCT
ajfa-15640	212	7	plymouth	plymouth	PROPN
ajfa-15640	212	8	,	,	PUNCT
ajfa-15640	212	9	uk	uk	PROPN
ajfa-15640	212	10	,	,	PUNCT
ajfa-15640	212	11	79	79	NUM
ajfa-15640	212	12	,	,	PUNCT
ajfa-15640	212	13	september	september	PROPN
ajfa-15640	212	14	2005	2005	NUM
ajfa-15640	212	15	,	,	PUNCT
ajfa-15640	212	16	isbn	isbn	ADJ
ajfa-15640	212	17	1	1	NUM
ajfa-15640	212	18	-	-	PUNCT
ajfa-15640	212	19	904564	904564	NUM
ajfa-15640	212	20	-	-	PUNCT
ajfa-15640	212	21	13	13	NUM
ajfa-15640	212	22	-	-	SYM
ajfa-15640	212	23	5	5	NUM
ajfa-15640	212	24	.	.	PUNCT
ajfa-15640	213	1	bhatia	bhatia	PROPN
ajfa-15640	213	2	,	,	PUNCT
ajfa-15640	213	3	s.	s.	PROPN
ajfa-15640	213	4	,	,	PUNCT
ajfa-15640	213	5	&	&	CCONJ
ajfa-15640	213	6	srivastava	srivastava	PROPN
ajfa-15640	213	7	,	,	PUNCT
ajfa-15640	213	8	a.	a.	PROPN
ajfa-15640	213	9	(	(	PUNCT
ajfa-15640	213	10	2016	2016	NUM
ajfa-15640	213	11	)	)	PUNCT
ajfa-15640	213	12	.	.	PUNCT
ajfa-15640	214	1	working	work	VERB
ajfa-15640	214	2	capital	capital	NOUN
ajfa-15640	214	3	management	management	NOUN
ajfa-15640	214	4	and	and	CCONJ
ajfa-15640	214	5	firm	firm	ADJ
ajfa-15640	214	6	performance	performance	NOUN
ajfa-15640	214	7	in	in	ADP
ajfa-15640	214	8	emerging	emerge	VERB
ajfa-15640	214	9	economies	economy	NOUN
ajfa-15640	214	10	:	:	PUNCT
ajfa-15640	214	11	evidence	evidence	NOUN
ajfa-15640	214	12	from	from	ADP
ajfa-15640	214	13	india	india	PROPN
ajfa-15640	214	14	.	.	PUNCT
ajfa-15640	215	1	management	management	NOUN
ajfa-15640	215	2	and	and	CCONJ
ajfa-15640	215	3	labour	labour	PROPN
ajfa-15640	215	4	studies	study	NOUN
ajfa-15640	215	5	,	,	PUNCT
ajfa-15640	215	6	41(2	41(2	NUM
ajfa-15640	215	7	)	)	PUNCT
ajfa-15640	215	8	,	,	PUNCT
ajfa-15640	215	9	1	1	NUM
ajfa-15640	215	10	-	-	SYM
ajfa-15640	215	11	17	17	NUM
ajfa-15640	215	12	.	.	PUNCT
ajfa-15640	216	1	https://doi.org/10.1177/0258042x16658733	https://doi.org/10.1177/0258042x16658733	ADJ
ajfa-15640	216	2	boțoc	boțoc	PROPN
ajfa-15640	216	3	,	,	PUNCT
ajfa-15640	216	4	c.	c.	PROPN
ajfa-15640	216	5	,	,	PUNCT
ajfa-15640	216	6	&	&	CCONJ
ajfa-15640	216	7	anton	anton	PROPN
ajfa-15640	216	8	,	,	PUNCT
ajfa-15640	216	9	s.	s.	PROPN
ajfa-15640	216	10	g.	g.	PROPN
ajfa-15640	216	11	(	(	PUNCT
ajfa-15640	216	12	2017	2017	NUM
ajfa-15640	216	13	)	)	PUNCT
ajfa-15640	216	14	.	.	PUNCT
ajfa-15640	217	1	is	be	AUX
ajfa-15640	217	2	profitability	profitability	NOUN
ajfa-15640	217	3	driven	drive	VERB
ajfa-15640	217	4	by	by	ADP
ajfa-15640	217	5	working	work	VERB
ajfa-15640	217	6	capital	capital	NOUN
ajfa-15640	217	7	management	management	NOUN
ajfa-15640	217	8	?	?	PUNCT
ajfa-15640	218	1	evidence	evidence	NOUN
ajfa-15640	218	2	for	for	ADP
ajfa-15640	218	3	high	high	ADJ
ajfa-15640	218	4	-	-	PUNCT
ajfa-15640	218	5	growth	growth	NOUN
ajfa-15640	218	6	firms	firm	NOUN
ajfa-15640	218	7	from	from	ADP
ajfa-15640	218	8	emerging	emerge	VERB
ajfa-15640	218	9	europe	europe	PROPN
ajfa-15640	218	10	.	.	PUNCT
ajfa-15640	219	1	journal	journal	PROPN
ajfa-15640	219	2	of	of	ADP
ajfa-15640	219	3	business	business	NOUN
ajfa-15640	219	4	economics	economic	NOUN
ajfa-15640	219	5	and	and	CCONJ
ajfa-15640	219	6	management	management	NOUN
ajfa-15640	219	7	,	,	PUNCT
ajfa-15640	219	8	18(6	18(6	NOUN
ajfa-15640	219	9	)	)	PUNCT
ajfa-15640	219	10	,	,	PUNCT
ajfa-15640	219	11	1135	1135	NUM
ajfa-15640	219	12	-	-	SYM
ajfa-15640	219	13	1155	1155	NUM
ajfa-15640	219	14	.	.	PUNCT
ajfa-15640	220	1	https://doi.org/10.3846/16111699.2017.1402362	https://doi.org/10.3846/16111699.2017.1402362	PROPN
ajfa-15640	220	2	burja	burja	PROPN
ajfa-15640	220	3	,	,	PUNCT
ajfa-15640	220	4	c.	c.	PROPN
ajfa-15640	220	5	(	(	PUNCT
ajfa-15640	220	6	2011	2011	NUM
ajfa-15640	220	7	)	)	PUNCT
ajfa-15640	220	8	.	.	PUNCT
ajfa-15640	221	1	factors	factor	NOUN
ajfa-15640	221	2	influencing	influence	VERB
ajfa-15640	221	3	the	the	DET
ajfa-15640	221	4	companies	company	NOUN
ajfa-15640	221	5	profitability	profitability	NOUN
ajfa-15640	221	6	.	.	PUNCT
ajfa-15640	222	1	annual	annual	ADJ
ajfa-15640	222	2	university	university	NOUN
ajfa-15640	222	3	apulensis	apulensis	NOUN
ajfa-15640	222	4	series	series	NOUN
ajfa-15640	222	5	oeconomica	oeconomica	PROPN
ajfa-15640	222	6	.	.	PUNCT
ajfa-15640	223	1	13(2	13(2	NOUN
ajfa-15640	223	2	)	)	PUNCT
ajfa-15640	223	3	,	,	PUNCT
ajfa-15640	223	4	215	215	NUM
ajfa-15640	223	5	-	-	SYM
ajfa-15640	223	6	224	224	NUM
ajfa-15640	223	7	cahry	cahry	NOUN
ajfa-15640	223	8	,	,	PUNCT
ajfa-15640	223	9	t.	t.	PROPN
ajfa-15640	223	10	,	,	PUNCT
ajfa-15640	223	11	&	&	CCONJ
ajfa-15640	223	12	kumar	kumar	PROPN
ajfa-15640	223	13	,	,	PUNCT
ajfa-15640	223	14	k.	k.	PROPN
ajfa-15640	223	15	(	(	PUNCT
ajfa-15640	223	16	2011	2011	NUM
ajfa-15640	223	17	)	)	PUNCT
ajfa-15640	223	18	.	.	PUNCT
ajfa-15640	224	1	relationship	relationship	NOUN
ajfa-15640	224	2	between	between	ADP
ajfa-15640	224	3	working	work	VERB
ajfa-15640	224	4	capital	capital	NOUN
ajfa-15640	224	5	and	and	CCONJ
ajfa-15640	224	6	profitability	profitability	NOUN
ajfa-15640	224	7	:	:	PUNCT
ajfa-15640	224	8	a	a	DET
ajfa-15640	224	9	statistical	statistical	ADJ
ajfa-15640	224	10	approach	approach	NOUN
ajfa-15640	224	11	.	.	PUNCT
ajfa-15640	225	1	international	international	ADJ
ajfa-15640	225	2	journal	journal	PROPN
ajfa-15640	225	3	of	of	ADP
ajfa-15640	225	4	research	research	NOUN
ajfa-15640	225	5	in	in	ADP
ajfa-15640	225	6	financial	financial	PROPN
ajfa-15640	225	7	&	&	CCONJ
ajfa-15640	225	8	marketing	marketing	NOUN
ajfa-15640	225	9	,	,	PUNCT
ajfa-15640	225	10	1(7	1(7	NUM
ajfa-15640	225	11	)	)	PUNCT
ajfa-15640	225	12	,	,	PUNCT
ajfa-15640	225	13	1	1	NUM
ajfa-15640	225	14	-	-	SYM
ajfa-15640	225	15	16	16	NUM
ajfa-15640	225	16	.	.	PUNCT
ajfa-15640	226	1	online	online	ADV
ajfa-15640	226	2	at	at	ADP
ajfa-15640	226	3	:	:	PUNCT
ajfa-15640	226	4	http://euroasiapub.org/wp-content/uploads/2016/09/1-177.pdf	http://euroasiapub.org/wp-content/uploads/2016/09/1-177.pdf	PROPN
ajfa-15640	226	5	debi'e	debi'e	PROPN
ajfa-15640	226	6	,	,	PUNCT
ajfa-15640	226	7	m.	m.	NOUN
ajfa-15640	226	8	(	(	PUNCT
ajfa-15640	226	9	2011	2011	NUM
ajfa-15640	226	10	)	)	PUNCT
ajfa-15640	226	11	.	.	PUNCT
ajfa-15640	227	1	working	work	VERB
ajfa-15640	227	2	capital	capital	NOUN
ajfa-15640	227	3	management	management	NOUN
ajfa-15640	227	4	and	and	CCONJ
ajfa-15640	227	5	profitability	profitability	NOUN
ajfa-15640	227	6	:	:	PUNCT
ajfa-15640	227	7	the	the	DET
ajfa-15640	227	8	case	case	NOUN
ajfa-15640	227	9	of	of	ADP
ajfa-15640	227	10	industrial	industrial	ADJ
ajfa-15640	227	11	firms	firm	NOUN
ajfa-15640	227	12	in	in	ADP
ajfa-15640	227	13	jordan	jordan	PROPN
ajfa-15640	227	14	.	.	PUNCT
ajfa-15640	228	1	european	european	PROPN
ajfa-15640	228	2	journal	journal	PROPN
ajfa-15640	228	3	of	of	ADP
ajfa-15640	228	4	economics	economic	NOUN
ajfa-15640	228	5	,	,	PUNCT
ajfa-15640	228	6	issn	issn	PROPN
ajfa-15640	228	7	1450	1450	NUM
ajfa-15640	228	8	-	-	SYM
ajfa-15640	228	9	2275	2275	NUM
ajfa-15640	228	10	,	,	PUNCT
ajfa-15640	228	11	issue	issue	NOUN
ajfa-15640	228	12	36	36	NUM
ajfa-15640	228	13	,	,	PUNCT
ajfa-15640	228	14	pp.75	pp.75	ADJ
ajfa-15640	228	15	-	-	ADJ
ajfa-15640	228	16	86	86	NUM
ajfa-15640	228	17	.	.	PUNCT
ajfa-15640	229	1	online	online	ADV
ajfa-15640	229	2	at	at	ADP
ajfa-15640	229	3	:	:	PUNCT
ajfa-15640	229	4	http://ijbssnet.com/journals/vol_4_no_8_special_issue_july_2013/10.pdf	http://ijbssnet.com/journals/vol_4_no_8_special_issue_july_2013/10.pdf	ADJ
ajfa-15640	229	5	deloof	deloof	NOUN
ajfa-15640	229	6	,	,	PUNCT
ajfa-15640	229	7	m.	m.	NOUN
ajfa-15640	229	8	(	(	PUNCT
ajfa-15640	229	9	2003	2003	NUM
ajfa-15640	229	10	)	)	PUNCT
ajfa-15640	229	11	.	.	PUNCT
ajfa-15640	230	1	does	do	AUX
ajfa-15640	230	2	working	work	VERB
ajfa-15640	230	3	capital	capital	NOUN
ajfa-15640	230	4	management	management	NOUN
ajfa-15640	230	5	affect	affect	VERB
ajfa-15640	230	6	profitability	profitability	NOUN
ajfa-15640	230	7	of	of	ADP
ajfa-15640	230	8	belgian	belgian	ADJ
ajfa-15640	230	9	firms	firm	NOUN
ajfa-15640	230	10	?	?	PUNCT
ajfa-15640	231	1	journal	journal	NOUN
ajfa-15640	231	2	of	of	ADP
ajfa-15640	231	3	business	business	NOUN
ajfa-15640	231	4	finance	finance	NOUN
ajfa-15640	231	5	and	and	CCONJ
ajfa-15640	231	6	accounting	accounting	NOUN
ajfa-15640	231	7	,	,	PUNCT
ajfa-15640	231	8	30(3	30(3	NUM
ajfa-15640	231	9	)	)	PUNCT
ajfa-15640	231	10	,	,	PUNCT
ajfa-15640	231	11	573	573	NUM
ajfa-15640	231	12	-	-	SYM
ajfa-15640	231	13	587	587	NUM
ajfa-15640	231	14	.	.	PUNCT
ajfa-15640	232	1	https://doi.org/10.1111/1468asian	https://doi.org/10.1111/1468asian	ADJ
ajfa-15640	232	2	journal	journal	NOUN
ajfa-15640	232	3	of	of	ADP
ajfa-15640	232	4	finance	finance	PROPN
ajfa-15640	232	5	&	&	CCONJ
ajfa-15640	232	6	accounting	accounting	PROPN
ajfa-15640	232	7	issn	issn	PROPN
ajfa-15640	232	8	1946	1946	NUM
ajfa-15640	232	9	-	-	PUNCT
ajfa-15640	232	10	052x	052x	PROPN
ajfa-15640	232	11	2019	2019	NUM
ajfa-15640	232	12	,	,	PUNCT
ajfa-15640	232	13	vol	vol	NOUN
ajfa-15640	232	14	.	.	PROPN
ajfa-15640	232	15	11	11	NUM
ajfa-15640	232	16	,	,	PUNCT
ajfa-15640	232	17	no	no	INTJ
ajfa-15640	232	18	.	.	NOUN
ajfa-15640	232	19	2	2	NUM
ajfa-15640	232	20	ajfa.macrothink.org/	ajfa.macrothink.org/	NOUN
ajfa-15640	232	21	94	94	NUM
ajfa-15640	232	22	5957.00008	5957.00008	NOUN
ajfa-15640	232	23	eljelly	eljelly	ADV
ajfa-15640	232	24	,	,	PUNCT
ajfa-15640	232	25	a.	a.	NOUN
ajfa-15640	232	26	(	(	PUNCT
ajfa-15640	232	27	2004	2004	NUM
ajfa-15640	232	28	)	)	PUNCT
ajfa-15640	232	29	.	.	PUNCT
ajfa-15640	233	1	liquidity	liquidity	NOUN
ajfa-15640	233	2	-	-	PUNCT
ajfa-15640	233	3	profitability	profitability	NOUN
ajfa-15640	233	4	tradeoff	tradeoff	NOUN
ajfa-15640	233	5	:	:	PUNCT
ajfa-15640	233	6	an	an	DET
ajfa-15640	233	7	empirical	empirical	ADJ
ajfa-15640	233	8	investigation	investigation	NOUN
ajfa-15640	233	9	in	in	ADP
ajfa-15640	233	10	an	an	DET
ajfa-15640	233	11	emerging	emerge	VERB
ajfa-15640	233	12	market	market	NOUN
ajfa-15640	233	13	.	.	PUNCT
ajfa-15640	234	1	international	international	ADJ
ajfa-15640	234	2	journal	journal	PROPN
ajfa-15640	234	3	of	of	ADP
ajfa-15640	234	4	commerce	commerce	PROPN
ajfa-15640	234	5	&	&	CCONJ
ajfa-15640	234	6	management	management	PROPN
ajfa-15640	234	7	,	,	PUNCT
ajfa-15640	234	8	14(2	14(2	NUM
ajfa-15640	234	9	)	)	PUNCT
ajfa-15640	234	10	,	,	PUNCT
ajfa-15640	234	11	48	48	NUM
ajfa-15640	234	12	-	-	SYM
ajfa-15640	234	13	61	61	NUM
ajfa-15640	234	14	.	.	PUNCT
ajfa-15640	235	1	https://doi.org/10.1108/10569210480000179	https://doi.org/10.1108/10569210480000179	NOUN
ajfa-15640	235	2	filbeck	filbeck	NOUN
ajfa-15640	235	3	,	,	PUNCT
ajfa-15640	235	4	g.	g.	PROPN
ajfa-15640	235	5	,	,	PUNCT
ajfa-15640	235	6	&	&	CCONJ
ajfa-15640	235	7	krueger	krueger	PROPN
ajfa-15640	235	8	,	,	PUNCT
ajfa-15640	235	9	t.	t.	PROPN
ajfa-15640	235	10	m.	m.	NOUN
ajfa-15640	235	11	,	,	PUNCT
ajfa-15640	235	12	(	(	PUNCT
ajfa-15640	235	13	2005	2005	NUM
ajfa-15640	235	14	)	)	PUNCT
ajfa-15640	235	15	.	.	PUNCT
ajfa-15640	236	1	an	an	DET
ajfa-15640	236	2	analysis	analysis	NOUN
ajfa-15640	236	3	of	of	ADP
ajfa-15640	236	4	working	work	VERB
ajfa-15640	236	5	capital	capital	NOUN
ajfa-15640	236	6	management	management	NOUN
ajfa-15640	236	7	results	result	NOUN
ajfa-15640	236	8	across	across	ADP
ajfa-15640	236	9	industries	industry	NOUN
ajfa-15640	236	10	.	.	PUNCT
ajfa-15640	237	1	mid	mid	ADJ
ajfa-15640	237	2	-	-	ADJ
ajfa-15640	237	3	american	american	ADJ
ajfa-15640	237	4	journal	journal	PROPN
ajfa-15640	237	5	of	of	ADP
ajfa-15640	237	6	business	business	NOUN
ajfa-15640	237	7	,	,	PUNCT
ajfa-15640	237	8	20(2	20(2	NUM
ajfa-15640	237	9	)	)	PUNCT
ajfa-15640	237	10	,	,	PUNCT
ajfa-15640	237	11	11	11	NUM
ajfa-15640	237	12	-	-	SYM
ajfa-15640	237	13	18	18	NUM
ajfa-15640	237	14	.	.	PUNCT
ajfa-15640	238	1	https://doi.org/10.1108/19355181200500007	https://doi.org/10.1108/19355181200500007	PROPN
ajfa-15640	238	2	gitman	gitman	PROPN
ajfa-15640	238	3	,	,	PUNCT
ajfa-15640	238	4	l.	l.	PROPN
ajfa-15640	238	5	(	(	PUNCT
ajfa-15640	238	6	1974	1974	NUM
ajfa-15640	238	7	)	)	PUNCT
ajfa-15640	238	8	.	.	PUNCT
ajfa-15640	239	1	corporate	corporate	ADJ
ajfa-15640	239	2	liquidity	liquidity	NOUN
ajfa-15640	239	3	requirements	requirement	NOUN
ajfa-15640	239	4	:	:	PUNCT
ajfa-15640	239	5	a	a	DET
ajfa-15640	239	6	simplified	simplified	ADJ
ajfa-15640	239	7	approach	approach	NOUN
ajfa-15640	239	8	.	.	PUNCT
ajfa-15640	240	1	the	the	DET
ajfa-15640	240	2	financial	financial	PROPN
ajfa-15640	240	3	review	review	PROPN
ajfa-15640	240	4	,	,	PUNCT
ajfa-15640	240	5	9(3	9(3	NUM
ajfa-15640	240	6	)	)	PUNCT
ajfa-15640	240	7	,	,	PUNCT
ajfa-15640	240	8	79	79	NUM
ajfa-15640	240	9	-	-	SYM
ajfa-15640	240	10	88	88	NUM
ajfa-15640	240	11	.	.	PUNCT
ajfa-15640	241	1	https://doi.org/10.1111/j.1540-6288.1974.tb01453.x	https://doi.org/10.1111/j.1540-6288.1974.tb01453.x	DET
ajfa-15640	241	2	hager	hager	PROPN
ajfa-15640	241	3	,	,	PUNCT
ajfa-15640	241	4	h.c	h.c	PROPN
ajfa-15640	241	5	.	.	PUNCT
ajfa-15640	241	6	(	(	PUNCT
ajfa-15640	241	7	1976	1976	NUM
ajfa-15640	241	8	)	)	PUNCT
ajfa-15640	241	9	.	.	PUNCT
ajfa-15640	242	1	cash	cash	NOUN
ajfa-15640	242	2	management	management	NOUN
ajfa-15640	242	3	and	and	CCONJ
ajfa-15640	242	4	cash	cash	NOUN
ajfa-15640	242	5	cycle	cycle	NOUN
ajfa-15640	242	6	.	.	PUNCT
ajfa-15640	243	1	management	management	NOUN
ajfa-15640	243	2	accounting	accounting	NOUN
ajfa-15640	243	3	,	,	PUNCT
ajfa-15640	243	4	march	march	PROPN
ajfa-15640	243	5	,	,	PUNCT
ajfa-15640	243	6	pp	pp	PROPN
ajfa-15640	243	7	.	.	PUNCT
ajfa-15640	244	1	19	19	NUM
ajfa-15640	244	2	-	-	SYM
ajfa-15640	244	3	21	21	NUM
ajfa-15640	244	4	.	.	PUNCT
ajfa-15640	245	1	huynh	huynh	PROPN
ajfa-15640	245	2	,	,	PUNCT
ajfa-15640	245	3	n.t	n.t	PROPN
ajfa-15640	245	4	.	.	PROPN
ajfa-15640	245	5	,	,	PUNCT
ajfa-15640	245	6	&	&	CCONJ
ajfa-15640	245	7	vergeer	vergeer	NOUN
ajfa-15640	245	8	,	,	PUNCT
ajfa-15640	245	9	g.	g.	PROPN
ajfa-15640	245	10	,	,	PUNCT
ajfa-15640	245	11	(	(	PUNCT
ajfa-15640	245	12	2011	2011	NUM
ajfa-15640	245	13	)	)	PUNCT
ajfa-15640	245	14	.	.	PUNCT
ajfa-15640	246	1	the	the	DET
ajfa-15640	246	2	influence	influence	NOUN
ajfa-15640	246	3	of	of	ADP
ajfa-15640	246	4	working	work	VERB
ajfa-15640	246	5	capital	capital	NOUN
ajfa-15640	246	6	management	management	NOUN
ajfa-15640	246	7	on	on	ADP
ajfa-15640	246	8	profitability	profitability	NOUN
ajfa-15640	246	9	of	of	ADP
ajfa-15640	246	10	listed	list	VERB
ajfa-15640	246	11	companies	company	NOUN
ajfa-15640	246	12	in	in	ADP
ajfa-15640	246	13	the	the	DET
ajfa-15640	246	14	netherlands	netherlands	PROPN
ajfa-15640	246	15	.	.	PUNCT
ajfa-15640	247	1	master	master	NOUN
ajfa-15640	247	2	's	's	PART
ajfa-15640	247	3	thesis	thesis	NOUN
ajfa-15640	247	4	,	,	PUNCT
ajfa-15640	247	5	school	school	NOUN
ajfa-15640	247	6	of	of	ADP
ajfa-15640	247	7	management	management	NOUN
ajfa-15640	247	8	&	&	CCONJ
ajfa-15640	247	9	governance	governance	NOUN
ajfa-15640	247	10	,	,	PUNCT
ajfa-15640	247	11	university	university	PROPN
ajfa-15640	247	12	of	of	ADP
ajfa-15640	247	13	twente	twente	PROPN
ajfa-15640	247	14	,	,	PUNCT
ajfa-15640	247	15	netherlands	netherlands	PROPN
ajfa-15640	247	16	,	,	PUNCT
ajfa-15640	247	17	59	59	NUM
ajfa-15640	247	18	pages	page	NOUN
ajfa-15640	247	19	makori	makori	X
ajfa-15640	247	20	,	,	PUNCT
ajfa-15640	247	21	d.	d.	PROPN
ajfa-15640	247	22	,	,	PUNCT
ajfa-15640	247	23	&	&	CCONJ
ajfa-15640	247	24	jagongo	jagongo	PROPN
ajfa-15640	247	25	,	,	PUNCT
ajfa-15640	247	26	a.	a.	NOUN
ajfa-15640	247	27	(	(	PUNCT
ajfa-15640	247	28	2013	2013	NUM
ajfa-15640	247	29	)	)	PUNCT
ajfa-15640	247	30	.	.	PUNCT
ajfa-15640	248	1	working	work	VERB
ajfa-15640	248	2	capital	capital	NOUN
ajfa-15640	248	3	management	management	NOUN
ajfa-15640	248	4	and	and	CCONJ
ajfa-15640	248	5	firm	firm	ADJ
ajfa-15640	248	6	profitability	profitability	NOUN
ajfa-15640	248	7	:	:	PUNCT
ajfa-15640	248	8	empirical	empirical	ADJ
ajfa-15640	248	9	evidence	evidence	NOUN
ajfa-15640	248	10	from	from	ADP
ajfa-15640	248	11	manufacturing	manufacturing	NOUN
ajfa-15640	248	12	and	and	CCONJ
ajfa-15640	248	13	construction	construction	NOUN
ajfa-15640	248	14	firms	firm	NOUN
ajfa-15640	248	15	listed	list	VERB
ajfa-15640	248	16	on	on	ADP
ajfa-15640	248	17	nairobi	nairobi	PROPN
ajfa-15640	248	18	securities	securities	PROPN
ajfa-15640	248	19	exchange	exchange	PROPN
ajfa-15640	248	20	,	,	PUNCT
ajfa-15640	248	21	kenya	kenya	PROPN
ajfa-15640	248	22	.	.	PUNCT
ajfa-15640	249	1	international	international	ADJ
ajfa-15640	249	2	journal	journal	PROPN
ajfa-15640	249	3	of	of	ADP
ajfa-15640	249	4	accounting	accounting	NOUN
ajfa-15640	249	5	and	and	CCONJ
ajfa-15640	249	6	taxation	taxation	NOUN
ajfa-15640	249	7	,	,	PUNCT
ajfa-15640	249	8	1(1	1(1	NUM
ajfa-15640	249	9	)	)	PUNCT
ajfa-15640	249	10	.	.	PUNCT
ajfa-15640	250	1	melicher	melicher	PROPN
ajfa-15640	250	2	,	,	PUNCT
ajfa-15640	250	3	r.	r.	PROPN
ajfa-15640	250	4	,	,	PUNCT
ajfa-15640	250	5	&	&	CCONJ
ajfa-15640	250	6	leach	leach	NOUN
ajfa-15640	250	7	,	,	PUNCT
ajfa-15640	250	8	j.	j.	PROPN
ajfa-15640	250	9	(	(	PUNCT
ajfa-15640	250	10	2009	2009	NUM
ajfa-15640	250	11	)	)	PUNCT
ajfa-15640	250	12	.	.	PUNCT
ajfa-15640	251	1	entrepreneurial	entrepreneurial	ADJ
ajfa-15640	251	2	finance	finance	NOUN
ajfa-15640	251	3	.	.	PUNCT
ajfa-15640	252	1	cengage	cengage	PROPN
ajfa-15640	252	2	learning	learning	PROPN
ajfa-15640	252	3	,	,	PUNCT
ajfa-15640	252	4	4th	4th	ADJ
ajfa-15640	252	5	edition	edition	NOUN
ajfa-15640	252	6	,	,	PUNCT
ajfa-15640	252	7	pages	page	NOUN
ajfa-15640	252	8	688	688	NUM
ajfa-15640	252	9	mestrado	mestrado	NOUN
ajfa-15640	252	10	,	,	PUNCT
ajfa-15640	252	11	t.	t.	PROPN
ajfa-15640	252	12	(	(	PUNCT
ajfa-15640	252	13	2013	2013	NUM
ajfa-15640	252	14	)	)	PUNCT
ajfa-15640	252	15	.	.	PUNCT
ajfa-15640	253	1	how	how	SCONJ
ajfa-15640	253	2	does	do	AUX
ajfa-15640	253	3	working	work	VERB
ajfa-15640	253	4	capital	capital	NOUN
ajfa-15640	253	5	management	management	NOUN
ajfa-15640	253	6	affect	affect	VERB
ajfa-15640	253	7	firms	firm	NOUN
ajfa-15640	253	8	'	'	PART
ajfa-15640	253	9	profitability	profitability	NOUN
ajfa-15640	253	10	?	?	PUNCT
ajfa-15640	254	1	evidence	evidence	NOUN
ajfa-15640	254	2	from	from	ADP
ajfa-15640	254	3	portugal	portugal	PROPN
ajfa-15640	254	4	.	.	PUNCT
ajfa-15640	255	1	master	master	PROPN
ajfa-15640	255	2	's	's	PART
ajfa-15640	255	3	thesis	thesis	NOUN
ajfa-15640	255	4	,	,	PUNCT
ajfa-15640	255	5	lisbaa	lisbaa	PROPN
ajfa-15640	255	6	school	school	NOUN
ajfa-15640	255	7	of	of	ADP
ajfa-15640	255	8	economics	economics	PROPN
ajfa-15640	255	9	&	&	CCONJ
ajfa-15640	255	10	management	management	PROPN
ajfa-15640	255	11	,	,	PUNCT
ajfa-15640	255	12	portugal	portugal	PROPN
ajfa-15640	255	13	,	,	PUNCT
ajfa-15640	255	14	55	55	NUM
ajfa-15640	255	15	pages	page	NOUN
ajfa-15640	255	16	nasreen	nasreen	VERB
ajfa-15640	255	17	,	,	PUNCT
ajfa-15640	255	18	s.	s.	PROPN
ajfa-15640	255	19	,	,	PUNCT
ajfa-15640	255	20	khanam	khanam	PROPN
ajfa-15640	255	21	,	,	PUNCT
ajfa-15640	255	22	f.	f.	PROPN
ajfa-15640	255	23	,	,	PUNCT
ajfa-15640	255	24	pirzada	pirzada	PROPN
ajfa-15640	255	25	,	,	PUNCT
ajfa-15640	255	26	s.	s.	PROPN
ajfa-15640	255	27	(	(	PUNCT
ajfa-15640	255	28	2014	2014	NUM
ajfa-15640	255	29	)	)	PUNCT
ajfa-15640	255	30	.	.	PUNCT
ajfa-15640	256	1	impact	impact	NOUN
ajfa-15640	256	2	of	of	ADP
ajfa-15640	256	3	working	work	VERB
ajfa-15640	256	4	capital	capital	NOUN
ajfa-15640	256	5	management	management	NOUN
ajfa-15640	256	6	on	on	ADP
ajfa-15640	256	7	firm	firm	NOUN
ajfa-15640	256	8	’s	’s	PART
ajfa-15640	256	9	profitability	profitability	NOUN
ajfa-15640	256	10	.	.	PUNCT
ajfa-15640	257	1	research	research	NOUN
ajfa-15640	257	2	journal	journal	PROPN
ajfa-15640	257	3	of	of	ADP
ajfa-15640	257	4	finance	finance	NOUN
ajfa-15640	257	5	and	and	CCONJ
ajfa-15640	257	6	accounting	accounting	NOUN
ajfa-15640	257	7	,	,	PUNCT
ajfa-15640	257	8	5(11	5(11	NUM
ajfa-15640	257	9	)	)	PUNCT
ajfa-15640	257	10	,	,	PUNCT
ajfa-15640	257	11	210	210	NUM
ajfa-15640	257	12	-	-	SYM
ajfa-15640	257	13	222	222	NUM
ajfa-15640	257	14	.	.	PUNCT
ajfa-15640	258	1	paul	paul	PROPN
ajfa-15640	258	2	,	,	PUNCT
ajfa-15640	258	3	p.	p.	PROPN
ajfa-15640	258	4	,	,	PUNCT
ajfa-15640	258	5	&	&	CCONJ
ajfa-15640	258	6	mitra	mitra	PROPN
ajfa-15640	258	7	,	,	PUNCT
ajfa-15640	258	8	p.	p.	NOUN
ajfa-15640	258	9	(	(	PUNCT
ajfa-15640	258	10	2018	2018	NUM
ajfa-15640	258	11	)	)	PUNCT
ajfa-15640	258	12	.	.	PUNCT
ajfa-15640	259	1	analysis	analysis	NOUN
ajfa-15640	259	2	of	of	ADP
ajfa-15640	259	3	the	the	DET
ajfa-15640	259	4	effect	effect	NOUN
ajfa-15640	259	5	of	of	ADP
ajfa-15640	259	6	working	work	VERB
ajfa-15640	259	7	capital	capital	NOUN
ajfa-15640	259	8	management	management	NOUN
ajfa-15640	259	9	on	on	ADP
ajfa-15640	259	10	profitability	profitability	NOUN
ajfa-15640	259	11	of	of	ADP
ajfa-15640	259	12	the	the	DET
ajfa-15640	259	13	firm	firm	NOUN
ajfa-15640	259	14	:	:	PUNCT
ajfa-15640	259	15	evidence	evidence	NOUN
ajfa-15640	259	16	from	from	ADP
ajfa-15640	259	17	indian	indian	ADJ
ajfa-15640	259	18	steel	steel	NOUN
ajfa-15640	259	19	industry	industry	NOUN
ajfa-15640	259	20	.	.	PUNCT
ajfa-15640	260	1	asia	asia	PROPN
ajfa-15640	260	2	-	-	PUNCT
ajfa-15640	260	3	pacific	pacific	PROPN
ajfa-15640	260	4	journal	journal	PROPN
ajfa-15640	260	5	of	of	ADP
ajfa-15640	260	6	management	management	NOUN
ajfa-15640	260	7	research	research	NOUN
ajfa-15640	260	8	and	and	CCONJ
ajfa-15640	260	9	innovation	innovation	NOUN
ajfa-15640	260	10	,	,	PUNCT
ajfa-15640	260	11	14(1	14(1	NUM
ajfa-15640	260	12	-	-	SYM
ajfa-15640	260	13	2	2	NUM
ajfa-15640	260	14	)	)	PUNCT
ajfa-15640	260	15	,	,	PUNCT
ajfa-15640	260	16	32	32	NUM
ajfa-15640	260	17	-	-	SYM
ajfa-15640	260	18	38	38	NUM
ajfa-15640	260	19	.	.	PUNCT
ajfa-15640	261	1	https://doi.org/10.1177/2319510x18812142	https://doi.org/10.1177/2319510x18812142	PROPN
ajfa-15640	261	2	rehn	rehn	PROPN
ajfa-15640	261	3	,	,	PUNCT
ajfa-15640	261	4	e.	e.	PROPN
ajfa-15640	261	5	(	(	PUNCT
ajfa-15640	261	6	2012	2012	NUM
ajfa-15640	261	7	)	)	PUNCT
ajfa-15640	261	8	.	.	PUNCT
ajfa-15640	262	1	effects	effect	NOUN
ajfa-15640	262	2	of	of	ADP
ajfa-15640	262	3	working	work	VERB
ajfa-15640	262	4	capital	capital	NOUN
ajfa-15640	262	5	management	management	NOUN
ajfa-15640	262	6	on	on	ADP
ajfa-15640	262	7	company	company	NOUN
ajfa-15640	262	8	profitability	profitability	NOUN
ajfa-15640	262	9	.	.	PUNCT
ajfa-15640	263	1	master	master	NOUN
ajfa-15640	263	2	's	's	PART
ajfa-15640	263	3	thesis	thesis	NOUN
ajfa-15640	263	4	,	,	PUNCT
ajfa-15640	263	5	hanken	hanken	ADJ
ajfa-15640	263	6	school	school	NOUN
ajfa-15640	263	7	of	of	ADP
ajfa-15640	263	8	economics	economic	NOUN
ajfa-15640	263	9	,	,	PUNCT
ajfa-15640	263	10	helsinki	helsinki	PROPN
ajfa-15640	263	11	,	,	PUNCT
ajfa-15640	263	12	77pages	77pages	PROPN
ajfa-15640	263	13	ross	ross	PROPN
ajfa-15640	263	14	,	,	PUNCT
ajfa-15640	263	15	s.	s.	PROPN
ajfa-15640	263	16	,	,	PUNCT
ajfa-15640	263	17	westerfield	westerfield	PROPN
ajfa-15640	263	18	,	,	PUNCT
ajfa-15640	263	19	r.	r.	PROPN
ajfa-15640	263	20	,	,	PUNCT
ajfa-15640	263	21	&	&	CCONJ
ajfa-15640	263	22	jaffe	jaffe	PROPN
ajfa-15640	263	23	,	,	PUNCT
ajfa-15640	263	24	j.	j.	PROPN
ajfa-15640	263	25	(	(	PUNCT
ajfa-15640	263	26	2010	2010	NUM
ajfa-15640	263	27	)	)	PUNCT
ajfa-15640	263	28	.	.	PUNCT
ajfa-15640	264	1	corporate	corporate	ADJ
ajfa-15640	264	2	finance	finance	NOUN
ajfa-15640	264	3	.	.	PUNCT
ajfa-15640	265	1	mcgraw	mcgraw	PROPN
ajfa-15640	265	2	hill	hill	PROPN
ajfa-15640	265	3	,	,	PUNCT
ajfa-15640	265	4	9	9	NUM
ajfa-15640	265	5	edition	edition	NOUN
ajfa-15640	265	6	,	,	PUNCT
ajfa-15640	265	7	pages	page	NOUN
ajfa-15640	265	8	:	:	PUNCT
ajfa-15640	265	9	1003	1003	NUM
ajfa-15640	265	10	shin	shin	NOUN
ajfa-15640	265	11	,	,	PUNCT
ajfa-15640	265	12	h.	h.	PROPN
ajfa-15640	265	13	,	,	PUNCT
ajfa-15640	265	14	&	&	CCONJ
ajfa-15640	265	15	soenen	soenen	PROPN
ajfa-15640	265	16	,	,	PUNCT
ajfa-15640	265	17	l.	l.	PROPN
ajfa-15640	265	18	(	(	PUNCT
ajfa-15640	265	19	1998	1998	NUM
ajfa-15640	265	20	)	)	PUNCT
ajfa-15640	265	21	.	.	PUNCT
ajfa-15640	266	1	efficiency	efficiency	NOUN
ajfa-15640	266	2	of	of	ADP
ajfa-15640	266	3	working	work	VERB
ajfa-15640	266	4	capital	capital	NOUN
ajfa-15640	266	5	and	and	CCONJ
ajfa-15640	266	6	corporate	corporate	ADJ
ajfa-15640	266	7	profitability	profitability	NOUN
ajfa-15640	266	8	.	.	PUNCT
ajfa-15640	267	1	financial	financial	ADJ
ajfa-15640	267	2	practice	practice	NOUN
ajfa-15640	267	3	and	and	CCONJ
ajfa-15640	267	4	education	education	NOUN
ajfa-15640	267	5	,	,	PUNCT
ajfa-15640	267	6	8(2	8(2	NUM
ajfa-15640	267	7	)	)	PUNCT
ajfa-15640	267	8	,	,	PUNCT
ajfa-15640	267	9	37	37	NUM
ajfa-15640	267	10	-	-	SYM
ajfa-15640	267	11	45	45	NUM
ajfa-15640	267	12	teruel	teruel	PROPN
ajfa-15640	267	13	,	,	PUNCT
ajfa-15640	267	14	p.	p.	PROPN
ajfa-15640	267	15	,	,	PUNCT
ajfa-15640	267	16	&	&	CCONJ
ajfa-15640	267	17	solano	solano	PROPN
ajfa-15640	267	18	,	,	PUNCT
ajfa-15640	267	19	m.	m.	NOUN
ajfa-15640	267	20	(	(	PUNCT
ajfa-15640	267	21	2004	2004	NUM
ajfa-15640	267	22	)	)	PUNCT
ajfa-15640	267	23	.	.	PUNCT
ajfa-15640	268	1	effects	effect	NOUN
ajfa-15640	268	2	of	of	ADP
ajfa-15640	268	3	working	work	VERB
ajfa-15640	268	4	capital	capital	NOUN
ajfa-15640	268	5	management	management	NOUN
ajfa-15640	268	6	on	on	ADP
ajfa-15640	268	7	sme	sme	NOUN
ajfa-15640	268	8	profitability	profitability	NOUN
ajfa-15640	268	9	.	.	PUNCT
ajfa-15640	269	1	asian	asian	ADJ
ajfa-15640	269	2	journal	journal	PROPN
ajfa-15640	269	3	of	of	ADP
ajfa-15640	269	4	finance	finance	PROPN
ajfa-15640	269	5	&	&	CCONJ
ajfa-15640	269	6	accounting	accounting	PROPN
ajfa-15640	269	7	issn	issn	PROPN
ajfa-15640	269	8	1946	1946	NUM
ajfa-15640	269	9	-	-	PUNCT
ajfa-15640	269	10	052x	052x	PROPN
ajfa-15640	269	11	2019	2019	NUM
ajfa-15640	269	12	,	,	PUNCT
ajfa-15640	269	13	vol	vol	NOUN
ajfa-15640	269	14	.	.	PROPN
ajfa-15640	269	15	11	11	NUM
ajfa-15640	269	16	,	,	PUNCT
ajfa-15640	269	17	no	no	INTJ
ajfa-15640	269	18	.	.	NOUN
ajfa-15640	269	19	2	2	NUM
ajfa-15640	269	20	ajfa.macrothink.org/	ajfa.macrothink.org/	NOUN
ajfa-15640	269	21	95	95	NUM
ajfa-15640	269	22	social	social	ADJ
ajfa-15640	269	23	science	science	NOUN
ajfa-15640	269	24	research	research	NOUN
ajfa-15640	269	25	network	network	NOUN
ajfa-15640	269	26	,	,	PUNCT
ajfa-15640	269	27	pp	pp	ADJ
ajfa-15640	269	28	.	.	PUNCT
ajfa-15640	270	1	1	1	NUM
ajfa-15640	270	2	-	-	SYM
ajfa-15640	270	3	22	22	NUM
ajfa-15640	270	4	,	,	PUNCT
ajfa-15640	270	5	electronic	electronic	ADJ
ajfa-15640	270	6	copy	copy	NOUN
ajfa-15640	270	7	available	available	ADJ
ajfa-15640	270	8	at	at	ADP
ajfa-15640	270	9	:	:	PUNCT
ajfa-15640	270	10	http://ssrn.com/abstract=894865	http://ssrn.com/abstract=894865	PROPN
ajfa-15640	270	11	thuvarakan	thuvarakan	PROPN
ajfa-15640	270	12	,	,	PUNCT
ajfa-15640	270	13	s.	s.	PROPN
ajfa-15640	270	14	(	(	PUNCT
ajfa-15640	270	15	2012	2012	NUM
ajfa-15640	270	16	)	)	PUNCT
ajfa-15640	270	17	.	.	PUNCT
ajfa-15640	271	1	impact	impact	NOUN
ajfa-15640	271	2	of	of	ADP
ajfa-15640	271	3	working	work	VERB
ajfa-15640	271	4	capital	capital	NOUN
ajfa-15640	271	5	management	management	NOUN
ajfa-15640	271	6	on	on	ADP
ajfa-15640	271	7	profitability	profitability	NOUN
ajfa-15640	271	8	in	in	ADP
ajfa-15640	271	9	uk	uk	PROPN
ajfa-15640	271	10	management	management	NOUN
ajfa-15640	271	11	industry	industry	NOUN
ajfa-15640	271	12	.	.	PUNCT
ajfa-15640	272	1	social	social	ADJ
ajfa-15640	272	2	science	science	PROPN
ajfa-15640	272	3	research	research	NOUN
ajfa-15640	272	4	network	network	NOUN
ajfa-15640	272	5	,	,	PUNCT
ajfa-15640	272	6	pp	pp	ADJ
ajfa-15640	272	7	.	.	PUNCT
ajfa-15640	273	1	1	1	NUM
ajfa-15640	273	2	-	-	SYM
ajfa-15640	273	3	50	50	NUM
ajfa-15640	273	4	,	,	PUNCT
ajfa-15640	273	5	electronic	electronic	ADJ
ajfa-15640	273	6	copy	copy	NOUN
ajfa-15640	273	7	available	available	ADJ
ajfa-15640	273	8	at	at	ADP
ajfa-15640	273	9	:	:	PUNCT
ajfa-15640	273	10	http://ssrn.com/abstract=2345804	http://ssrn.com/abstract=2345804	NOUN
ajfa-15640	273	11	tufail	tufail	PROPN
ajfa-15640	273	12	,	,	PUNCT
ajfa-15640	273	13	s.	s.	PROPN
ajfa-15640	273	14	(	(	PUNCT
ajfa-15640	273	15	2013	2013	NUM
ajfa-15640	273	16	)	)	PUNCT
ajfa-15640	273	17	.	.	PUNCT
ajfa-15640	274	1	impact	impact	NOUN
ajfa-15640	274	2	of	of	ADP
ajfa-15640	274	3	working	work	VERB
ajfa-15640	274	4	capital	capital	NOUN
ajfa-15640	274	5	management	management	NOUN
ajfa-15640	274	6	on	on	ADP
ajfa-15640	274	7	profitability	profitability	NOUN
ajfa-15640	274	8	of	of	ADP
ajfa-15640	274	9	textile	textile	NOUN
ajfa-15640	274	10	sector	sector	NOUN
ajfa-15640	274	11	of	of	ADP
ajfa-15640	274	12	pakistan	pakistan	PROPN
ajfa-15640	274	13	.	.	PUNCT
ajfa-15640	275	1	3rd	3rd	ADJ
ajfa-15640	275	2	international	international	ADJ
ajfa-15640	275	3	conference	conference	NOUN
ajfa-15640	275	4	on	on	ADP
ajfa-15640	275	5	business	business	NOUN
ajfa-15640	275	6	management	management	NOUN
ajfa-15640	275	7	,	,	PUNCT
ajfa-15640	275	8	punjab	punjab	ADJ
ajfa-15640	275	9	,	,	PUNCT
ajfa-15640	275	10	lahore	lahore	NOUN
ajfa-15640	275	11	,	,	PUNCT
ajfa-15640	275	12	pp	pp	ADJ
ajfa-15640	275	13	.	.	PUNCT
ajfa-15640	276	1	1	1	NUM
ajfa-15640	276	2	-	-	SYM
ajfa-15640	276	3	29	29	NUM
ajfa-15640	276	4	.	.	PUNCT
ajfa-15640	277	1	https://doi.org/10.2139/ssrn.1663354	https://doi.org/10.2139/ssrn.1663354	PROPN
ajfa-15640	277	2	van	van	PROPN
ajfa-15640	277	3	horne	horne	PROPN
ajfa-15640	277	4	,	,	PUNCT
ajfa-15640	277	5	j.	j.	PROPN
ajfa-15640	277	6	,	,	PUNCT
ajfa-15640	277	7	&	&	CCONJ
ajfa-15640	277	8	wachowicz	wachowicz	PROPN
ajfa-15640	277	9	,	,	PUNCT
ajfa-15640	277	10	j.	j.	PROPN
ajfa-15640	277	11	(	(	PUNCT
ajfa-15640	277	12	2006	2006	NUM
ajfa-15640	277	13	)	)	PUNCT
ajfa-15640	277	14	.	.	PUNCT
ajfa-15640	278	1	fundamentals	fundamental	NOUN
ajfa-15640	278	2	of	of	ADP
ajfa-15640	278	3	financial	financial	ADJ
ajfa-15640	278	4	management	management	NOUN
ajfa-15640	278	5	.	.	PUNCT
ajfa-15640	279	1	pearson	pearson	PROPN
ajfa-15640	279	2	education	education	PROPN
ajfa-15640	279	3	,	,	PUNCT
ajfa-15640	279	4	prentic	prentic	ADJ
ajfa-15640	279	5	hall	hall	NOUN
ajfa-15640	279	6	,	,	PUNCT
ajfa-15640	279	7	twelfth	twelfth	ADJ
ajfa-15640	279	8	edition	edition	NOUN
ajfa-15640	279	9	,	,	PUNCT
ajfa-15640	279	10	752	752	NUM
ajfa-15640	279	11	pages	page	NOUN