id	sid	tid	token	lemma	pos
ajfa-4501	1	1	microsoft	microsoft	PROPN
ajfa-4501	1	2	word	word	NOUN
ajfa-4501	1	3	4501	4501	NUM
ajfa-4501	1	4	-	-	SYM
ajfa-4501	1	5	16642	16642	NUM
ajfa-4501	1	6	-	-	SYM
ajfa-4501	1	7	1	1	NUM
ajfa-4501	1	8	-	-	PUNCT
ajfa-4501	1	9	sm	sm	NOUN
ajfa-4501	1	10	_	_	NOUN
ajfa-4501	1	11	1_-writer2-new.doc	1_-writer2-new.doc	NUM
ajfa-4501	1	12	asian	asian	ADJ
ajfa-4501	1	13	journal	journal	NOUN
ajfa-4501	1	14	of	of	ADP
ajfa-4501	1	15	finance	finance	PROPN
ajfa-4501	1	16	&	&	CCONJ
ajfa-4501	1	17	accounting	accounting	PROPN
ajfa-4501	1	18	issn	issn	PROPN
ajfa-4501	1	19	1946	1946	NUM
ajfa-4501	1	20	-	-	PUNCT
ajfa-4501	1	21	052x	052x	NOUN
ajfa-4501	1	22	2013	2013	NUM
ajfa-4501	1	23	,	,	PUNCT
ajfa-4501	1	24	vol	vol	NOUN
ajfa-4501	1	25	.	.	PROPN
ajfa-4501	1	26	5	5	NUM
ajfa-4501	1	27	,	,	PUNCT
ajfa-4501	1	28	no	no	INTJ
ajfa-4501	1	29	.	.	NOUN
ajfa-4501	1	30	2	2	NUM
ajfa-4501	1	31	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-4501	1	32	305	305	NUM
ajfa-4501	1	33	audit	audit	NOUN
ajfa-4501	1	34	premium	premium	NOUN
ajfa-4501	1	35	,	,	PUNCT
ajfa-4501	1	36	brand	brand	NOUN
ajfa-4501	1	37	name	name	NOUN
ajfa-4501	1	38	reputation	reputation	NOUN
ajfa-4501	1	39	,	,	PUNCT
ajfa-4501	1	40	and	and	CCONJ
ajfa-4501	1	41	industrial	industrial	ADJ
ajfa-4501	1	42	specialist	specialist	NOUN
ajfa-4501	1	43	:	:	PUNCT
ajfa-4501	1	44	an	an	DET
ajfa-4501	1	45	empirical	empirical	ADJ
ajfa-4501	1	46	study	study	NOUN
ajfa-4501	1	47	of	of	ADP
ajfa-4501	1	48	private	private	ADJ
ajfa-4501	1	49	universities	university	NOUN
ajfa-4501	1	50	and	and	CCONJ
ajfa-4501	1	51	colleges	college	NOUN
ajfa-4501	1	52	in	in	ADP
ajfa-4501	1	53	taiwan	taiwan	PROPN
ajfa-4501	1	54	yung	yung	PROPN
ajfa-4501	1	55	-	-	PUNCT
ajfa-4501	1	56	yu	yu	PROPN
ajfa-4501	1	57	lai	lai	PROPN
ajfa-4501	1	58	overseas	overseas	PROPN
ajfa-4501	1	59	chinese	chinese	PROPN
ajfa-4501	1	60	university	university	PROPN
ajfa-4501	1	61	,	,	PUNCT
ajfa-4501	1	62	taiwan	taiwan	PROPN
ajfa-4501	1	63	e	e	PROPN
ajfa-4501	1	64	-	-	NOUN
ajfa-4501	1	65	mail	mail	NOUN
ajfa-4501	1	66	:	:	PUNCT
ajfa-4501	1	67	caesar.larry@msa.hinet.net	caesar.larry@msa.hinet.net	PROPN
ajfa-4501	1	68	fu	fu	PROPN
ajfa-4501	1	69	-	-	PUNCT
ajfa-4501	1	70	hsing	hsing	PROPN
ajfa-4501	1	71	chang	chang	PROPN
ajfa-4501	1	72	chihlee	chihlee	PROPN
ajfa-4501	1	73	institute	institute	PROPN
ajfa-4501	1	74	of	of	ADP
ajfa-4501	1	75	technology	technology	PROPN
ajfa-4501	1	76	,	,	PUNCT
ajfa-4501	1	77	taiwan	taiwan	PROPN
ajfa-4501	1	78	e	e	PROPN
ajfa-4501	1	79	-	-	NOUN
ajfa-4501	1	80	mail	mail	NOUN
ajfa-4501	1	81	:	:	PUNCT
ajfa-4501	1	82	cfs@mail.chihlee.edu.tw	cfs@mail.chihlee.edu.tw	PROPN
ajfa-4501	1	83	received	receive	VERB
ajfa-4501	1	84	:	:	PUNCT
ajfa-4501	1	85	nov	nov	PROPN
ajfa-4501	1	86	.	.	PROPN
ajfa-4501	1	87	2	2	NUM
ajfa-4501	1	88	,	,	PUNCT
ajfa-4501	1	89	2013	2013	NUM
ajfa-4501	1	90	accepted	accept	VERB
ajfa-4501	1	91	:	:	PUNCT
ajfa-4501	1	92	december	december	PROPN
ajfa-4501	1	93	14	14	NUM
ajfa-4501	1	94	,	,	PUNCT
ajfa-4501	1	95	2013	2013	NUM
ajfa-4501	1	96	published	publish	VERB
ajfa-4501	1	97	:	:	PUNCT
ajfa-4501	1	98	december	december	PROPN
ajfa-4501	1	99	14	14	NUM
ajfa-4501	1	100	,	,	PUNCT
ajfa-4501	1	101	2013	2013	NUM
ajfa-4501	1	102	doi:10.5296	doi:10.5296	NOUN
ajfa-4501	1	103	/	/	SYM
ajfa-4501	1	104	ajfa.v5i2.4501	ajfa.v5i2.4501	NUM
ajfa-4501	1	105	url	url	NOUN
ajfa-4501	1	106	:	:	PUNCT
ajfa-4501	1	107	http://dx.doi.org/10.5296/ajfa.v5i2.4501	http://dx.doi.org/10.5296/ajfa.v5i2.4501	NOUN
ajfa-4501	1	108	abstract	abstract	ADJ
ajfa-4501	1	109	the	the	DET
ajfa-4501	1	110	main	main	ADJ
ajfa-4501	1	111	obstacle	obstacle	NOUN
ajfa-4501	1	112	of	of	ADP
ajfa-4501	1	113	audit	audit	NOUN
ajfa-4501	1	114	fee	fee	NOUN
ajfa-4501	1	115	research	research	NOUN
ajfa-4501	1	116	lies	lie	VERB
ajfa-4501	1	117	in	in	ADP
ajfa-4501	1	118	fees	fee	NOUN
ajfa-4501	1	119	collection	collection	NOUN
ajfa-4501	1	120	.	.	PUNCT
ajfa-4501	2	1	in	in	ADP
ajfa-4501	2	2	the	the	DET
ajfa-4501	2	3	past	past	NOUN
ajfa-4501	2	4	,	,	PUNCT
ajfa-4501	2	5	audit	audit	NOUN
ajfa-4501	2	6	fees	fee	NOUN
ajfa-4501	2	7	were	be	AUX
ajfa-4501	2	8	usually	usually	ADV
ajfa-4501	2	9	collected	collect	VERB
ajfa-4501	2	10	by	by	ADP
ajfa-4501	2	11	questionnaire	questionnaire	NOUN
ajfa-4501	2	12	survey	survey	NOUN
ajfa-4501	2	13	method	method	NOUN
ajfa-4501	2	14	.	.	PUNCT
ajfa-4501	3	1	this	this	DET
ajfa-4501	3	2	study	study	NOUN
ajfa-4501	3	3	however	however	ADV
ajfa-4501	3	4	features	feature	VERB
ajfa-4501	3	5	itself	itself	PRON
ajfa-4501	3	6	by	by	ADP
ajfa-4501	3	7	collecting	collect	VERB
ajfa-4501	3	8	first	first	ADJ
ajfa-4501	3	9	-	-	PUNCT
ajfa-4501	3	10	hand	hand	NOUN
ajfa-4501	3	11	audit	audit	NOUN
ajfa-4501	3	12	fees	fee	NOUN
ajfa-4501	3	13	data	datum	NOUN
ajfa-4501	3	14	from	from	ADP
ajfa-4501	3	15	the	the	DET
ajfa-4501	3	16	moe	moe	NOUN
ajfa-4501	3	17	directly	directly	ADV
ajfa-4501	3	18	via	via	ADP
ajfa-4501	3	19	legislators	legislator	NOUN
ajfa-4501	3	20	and	and	CCONJ
ajfa-4501	3	21	from	from	ADP
ajfa-4501	3	22	the	the	DET
ajfa-4501	3	23	announcement	announcement	NOUN
ajfa-4501	3	24	after	after	ADP
ajfa-4501	3	25	cpa	cpa	PROPN
ajfa-4501	3	26	association	association	PROPN
ajfa-4501	3	27	public	public	ADJ
ajfa-4501	3	28	bidding	bidding	NOUN
ajfa-4501	3	29	.	.	PUNCT
ajfa-4501	4	1	this	this	DET
ajfa-4501	4	2	study	study	NOUN
ajfa-4501	4	3	examines	examine	VERB
ajfa-4501	4	4	not	not	PART
ajfa-4501	4	5	only	only	ADV
ajfa-4501	4	6	types	type	NOUN
ajfa-4501	4	7	of	of	ADP
ajfa-4501	4	8	tendering	tendering	NOUN
ajfa-4501	4	9	procedures	procedure	NOUN
ajfa-4501	4	10	but	but	CCONJ
ajfa-4501	4	11	also	also	ADV
ajfa-4501	4	12	audit	audit	VERB
ajfa-4501	4	13	revenue	revenue	NOUN
ajfa-4501	4	14	premiums	premium	NOUN
ajfa-4501	4	15	about	about	ADP
ajfa-4501	4	16	private	private	ADJ
ajfa-4501	4	17	universities	university	NOUN
ajfa-4501	4	18	and	and	CCONJ
ajfa-4501	4	19	colleges	college	NOUN
ajfa-4501	4	20	in	in	ADP
ajfa-4501	4	21	taiwan	taiwan	PROPN
ajfa-4501	4	22	in	in	ADP
ajfa-4501	4	23	both	both	DET
ajfa-4501	4	24	brand	brand	NOUN
ajfa-4501	4	25	name	name	NOUN
ajfa-4501	4	26	reputation	reputation	NOUN
ajfa-4501	4	27	and	and	CCONJ
ajfa-4501	4	28	industry	industry	NOUN
ajfa-4501	4	29	specialist	specialist	NOUN
ajfa-4501	4	30	perspectives	perspective	NOUN
ajfa-4501	4	31	.	.	PUNCT
ajfa-4501	5	1	the	the	DET
ajfa-4501	5	2	results	result	NOUN
ajfa-4501	5	3	give	give	VERB
ajfa-4501	5	4	support	support	NOUN
ajfa-4501	5	5	to	to	ADP
ajfa-4501	5	6	our	our	PRON
ajfa-4501	5	7	hypotheses	hypothesis	NOUN
ajfa-4501	5	8	.	.	PUNCT
ajfa-4501	6	1	this	this	DET
ajfa-4501	6	2	study	study	NOUN
ajfa-4501	6	3	contributes	contribute	VERB
ajfa-4501	6	4	some	some	DET
ajfa-4501	6	5	findings	finding	NOUN
ajfa-4501	6	6	and	and	CCONJ
ajfa-4501	6	7	significance	significance	NOUN
ajfa-4501	6	8	.	.	PUNCT
ajfa-4501	7	1	firstly	firstly	ADV
ajfa-4501	7	2	,	,	PUNCT
ajfa-4501	7	3	the	the	DET
ajfa-4501	7	4	most	most	ADV
ajfa-4501	7	5	important	important	ADJ
ajfa-4501	7	6	significance	significance	NOUN
ajfa-4501	7	7	in	in	ADP
ajfa-4501	7	8	the	the	DET
ajfa-4501	7	9	study	study	NOUN
ajfa-4501	7	10	,	,	PUNCT
ajfa-4501	7	11	different	different	ADJ
ajfa-4501	7	12	from	from	ADP
ajfa-4501	7	13	prior	prior	ADJ
ajfa-4501	7	14	researches	research	NOUN
ajfa-4501	7	15	in	in	ADP
ajfa-4501	7	16	which	which	PRON
ajfa-4501	7	17	audit	audit	NOUN
ajfa-4501	7	18	fees	fee	NOUN
ajfa-4501	7	19	are	be	AUX
ajfa-4501	7	20	paid	pay	VERB
ajfa-4501	7	21	by	by	ADP
ajfa-4501	7	22	the	the	DET
ajfa-4501	7	23	client	client	NOUN
ajfa-4501	7	24	,	,	PUNCT
ajfa-4501	7	25	we	we	PRON
ajfa-4501	7	26	collect	collect	VERB
ajfa-4501	7	27	the	the	DET
ajfa-4501	7	28	unique	unique	ADJ
ajfa-4501	7	29	data	datum	NOUN
ajfa-4501	7	30	that	that	PRON
ajfa-4501	7	31	audit	audit	NOUN
ajfa-4501	7	32	fees	fee	NOUN
ajfa-4501	7	33	are	be	AUX
ajfa-4501	7	34	paid	pay	VERB
ajfa-4501	7	35	by	by	ADP
ajfa-4501	7	36	the	the	DET
ajfa-4501	7	37	moe	moe	NOUN
ajfa-4501	7	38	.	.	PUNCT
ajfa-4501	8	1	we	we	PRON
ajfa-4501	8	2	can	can	AUX
ajfa-4501	8	3	examine	examine	VERB
ajfa-4501	8	4	whether	whether	SCONJ
ajfa-4501	8	5	the	the	DET
ajfa-4501	8	6	effects	effect	NOUN
ajfa-4501	8	7	of	of	ADP
ajfa-4501	8	8	independent	independent	ADJ
ajfa-4501	8	9	variables	variable	NOUN
ajfa-4501	8	10	on	on	ADP
ajfa-4501	8	11	audit	audit	NOUN
ajfa-4501	8	12	fees	fee	NOUN
ajfa-4501	8	13	are	be	AUX
ajfa-4501	8	14	different	different	ADJ
ajfa-4501	8	15	from	from	ADP
ajfa-4501	8	16	prior	prior	ADJ
ajfa-4501	8	17	studies	study	NOUN
ajfa-4501	8	18	.	.	PUNCT
ajfa-4501	9	1	secondly	secondly	ADV
ajfa-4501	9	2	,	,	PUNCT
ajfa-4501	9	3	prior	prior	ADJ
ajfa-4501	9	4	studies	study	NOUN
ajfa-4501	9	5	give	give	VERB
ajfa-4501	9	6	evidence	evidence	NOUN
ajfa-4501	9	7	to	to	PART
ajfa-4501	9	8	support	support	VERB
ajfa-4501	9	9	the	the	DET
ajfa-4501	9	10	agency	agency	NOUN
ajfa-4501	9	11	theory	theory	NOUN
ajfa-4501	9	12	,	,	PUNCT
ajfa-4501	9	13	while	while	SCONJ
ajfa-4501	9	14	we	we	PRON
ajfa-4501	9	15	did	do	AUX
ajfa-4501	9	16	n’t	not	PART
ajfa-4501	9	17	find	find	VERB
ajfa-4501	9	18	any	any	DET
ajfa-4501	9	19	research	research	NOUN
ajfa-4501	9	20	focused	focus	VERB
ajfa-4501	9	21	on	on	ADP
ajfa-4501	9	22	real	real	ADJ
ajfa-4501	9	23	audit	audit	NOUN
ajfa-4501	9	24	fees	fee	NOUN
ajfa-4501	9	25	of	of	ADP
ajfa-4501	9	26	npos	npos	NOUN
ajfa-4501	9	27	applied	apply	VERB
ajfa-4501	9	28	the	the	DET
ajfa-4501	9	29	agency	agency	NOUN
ajfa-4501	9	30	theory	theory	NOUN
ajfa-4501	9	31	in	in	ADP
ajfa-4501	9	32	taiwan	taiwan	PROPN
ajfa-4501	9	33	.	.	PUNCT
ajfa-4501	10	1	applying	apply	VERB
ajfa-4501	10	2	real	real	ADJ
ajfa-4501	10	3	audit	audit	NOUN
ajfa-4501	10	4	fees	fee	NOUN
ajfa-4501	10	5	,	,	PUNCT
ajfa-4501	10	6	our	our	PRON
ajfa-4501	10	7	results	result	NOUN
ajfa-4501	10	8	show	show	VERB
ajfa-4501	10	9	that	that	SCONJ
ajfa-4501	10	10	the	the	DET
ajfa-4501	10	11	agency	agency	NOUN
ajfa-4501	10	12	theory	theory	NOUN
ajfa-4501	10	13	is	be	AUX
ajfa-4501	10	14	tenable	tenable	ADJ
ajfa-4501	10	15	for	for	ADP
ajfa-4501	10	16	npos	npos	NOUN
ajfa-4501	10	17	,	,	PUNCT
ajfa-4501	10	18	especially	especially	ADV
ajfa-4501	10	19	the	the	DET
ajfa-4501	10	20	private	private	ADJ
ajfa-4501	10	21	universities	university	NOUN
ajfa-4501	10	22	and	and	CCONJ
ajfa-4501	10	23	colleges	college	NOUN
ajfa-4501	10	24	.	.	PUNCT
ajfa-4501	11	1	thirdly	thirdly	ADV
ajfa-4501	11	2	,	,	PUNCT
ajfa-4501	11	3	we	we	PRON
ajfa-4501	11	4	propose	propose	VERB
ajfa-4501	11	5	some	some	DET
ajfa-4501	11	6	determinants	determinant	NOUN
ajfa-4501	11	7	of	of	ADP
ajfa-4501	11	8	audit	audit	NOUN
ajfa-4501	11	9	fees	fee	NOUN
ajfa-4501	11	10	about	about	ADP
ajfa-4501	11	11	the	the	DET
ajfa-4501	11	12	private	private	ADJ
ajfa-4501	11	13	universities	university	NOUN
ajfa-4501	11	14	and	and	CCONJ
ajfa-4501	11	15	colleges	college	NOUN
ajfa-4501	11	16	.	.	PUNCT
ajfa-4501	12	1	finally	finally	ADV
ajfa-4501	12	2	,	,	PUNCT
ajfa-4501	12	3	audit	audit	NOUN
ajfa-4501	12	4	revenue	revenue	NOUN
ajfa-4501	12	5	premiums	premium	NOUN
ajfa-4501	12	6	exist	exist	VERB
ajfa-4501	12	7	not	not	PART
ajfa-4501	12	8	only	only	ADV
ajfa-4501	12	9	in	in	ADP
ajfa-4501	12	10	profit	profit	NOUN
ajfa-4501	12	11	organizations	organization	NOUN
ajfa-4501	12	12	but	but	CCONJ
ajfa-4501	12	13	also	also	ADV
ajfa-4501	12	14	in	in	ADP
ajfa-4501	12	15	npos	npos	NOUN
ajfa-4501	12	16	.	.	PUNCT
ajfa-4501	13	1	keywords	keyword	NOUN
ajfa-4501	13	2	:	:	PUNCT
ajfa-4501	13	3	audit	audit	NOUN
ajfa-4501	13	4	fees	fee	NOUN
ajfa-4501	13	5	,	,	PUNCT
ajfa-4501	13	6	audit	audit	NOUN
ajfa-4501	13	7	revenue	revenue	NOUN
ajfa-4501	13	8	premium	premium	NOUN
ajfa-4501	13	9	,	,	PUNCT
ajfa-4501	13	10	types	type	NOUN
ajfa-4501	13	11	of	of	ADP
ajfa-4501	13	12	tendering	tendering	NOUN
ajfa-4501	13	13	procedures	procedure	NOUN
ajfa-4501	13	14	,	,	PUNCT
ajfa-4501	13	15	brand	brand	NOUN
ajfa-4501	13	16	name	name	NOUN
ajfa-4501	13	17	reputation	reputation	NOUN
ajfa-4501	13	18	,	,	PUNCT
ajfa-4501	13	19	industry	industry	NOUN
ajfa-4501	13	20	specialist	specialist	NOUN
ajfa-4501	13	21	asian	asian	PROPN
ajfa-4501	13	22	journal	journal	PROPN
ajfa-4501	13	23	of	of	ADP
ajfa-4501	13	24	finance	finance	PROPN
ajfa-4501	13	25	&	&	CCONJ
ajfa-4501	13	26	accounting	accounting	PROPN
ajfa-4501	13	27	issn	issn	PROPN
ajfa-4501	13	28	1946	1946	NUM
ajfa-4501	13	29	-	-	PUNCT
ajfa-4501	13	30	052x	052x	NOUN
ajfa-4501	13	31	2013	2013	NUM
ajfa-4501	13	32	,	,	PUNCT
ajfa-4501	13	33	vol	vol	NOUN
ajfa-4501	13	34	.	.	PROPN
ajfa-4501	13	35	5	5	NUM
ajfa-4501	13	36	,	,	PUNCT
ajfa-4501	13	37	no	no	INTJ
ajfa-4501	13	38	.	.	NOUN
ajfa-4501	13	39	2	2	NUM
ajfa-4501	13	40	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-4501	13	41	306	306	NUM
ajfa-4501	13	42	1	1	NUM
ajfa-4501	13	43	.	.	PUNCT
ajfa-4501	14	1	introduction	introduction	NOUN
ajfa-4501	14	2	numerous	numerous	ADJ
ajfa-4501	14	3	studies	study	NOUN
ajfa-4501	14	4	have	have	AUX
ajfa-4501	14	5	investigated	investigate	VERB
ajfa-4501	14	6	audit	audit	NOUN
ajfa-4501	14	7	fees	fee	NOUN
ajfa-4501	14	8	for	for	ADP
ajfa-4501	14	9	profit	profit	NOUN
ajfa-4501	14	10	organizations	organization	NOUN
ajfa-4501	14	11	.	.	PUNCT
ajfa-4501	15	1	however	however	ADV
ajfa-4501	15	2	,	,	PUNCT
ajfa-4501	15	3	nonprofit	nonprofit	ADJ
ajfa-4501	15	4	organizations	organization	NOUN
ajfa-4501	15	5	(	(	PUNCT
ajfa-4501	15	6	npos	npos	NOUN
ajfa-4501	15	7	)	)	PUNCT
ajfa-4501	15	8	,	,	PUNCT
ajfa-4501	15	9	one	one	NUM
ajfa-4501	15	10	of	of	ADP
ajfa-4501	15	11	the	the	DET
ajfa-4501	15	12	three	three	NUM
ajfa-4501	15	13	biggest	big	ADJ
ajfa-4501	15	14	organization	organization	NOUN
ajfa-4501	15	15	systems	system	NOUN
ajfa-4501	15	16	in	in	ADP
ajfa-4501	15	17	society	society	NOUN
ajfa-4501	15	18	,	,	PUNCT
ajfa-4501	15	19	have	have	AUX
ajfa-4501	15	20	not	not	PART
ajfa-4501	15	21	received	receive	VERB
ajfa-4501	15	22	similar	similar	ADJ
ajfa-4501	15	23	attention.1	attention.1	PROPN
ajfa-4501	15	24	thorne	thorne	NOUN
ajfa-4501	15	25	et	et	PROPN
ajfa-4501	15	26	al	al	PROPN
ajfa-4501	15	27	.	.	PROPN
ajfa-4501	16	1	(	(	PUNCT
ajfa-4501	16	2	2001	2001	NUM
ajfa-4501	16	3	)	)	PUNCT
ajfa-4501	16	4	,	,	PUNCT
ajfa-4501	16	5	examined	examine	VERB
ajfa-4501	16	6	audit	audit	NOUN
ajfa-4501	16	7	prices	price	NOUN
ajfa-4501	16	8	for	for	ADP
ajfa-4501	16	9	government	government	NOUN
ajfa-4501	16	10	.	.	PUNCT
ajfa-4501	17	1	they	they	PRON
ajfa-4501	17	2	tested	test	VERB
ajfa-4501	17	3	whether	whether	SCONJ
ajfa-4501	17	4	audit	audit	NOUN
ajfa-4501	17	5	fees	fee	NOUN
ajfa-4501	17	6	charged	charge	VERB
ajfa-4501	17	7	differently	differently	ADV
ajfa-4501	17	8	for	for	ADP
ajfa-4501	17	9	different	different	ADJ
ajfa-4501	17	10	audit	audit	NOUN
ajfa-4501	17	11	engagements	engagement	NOUN
ajfa-4501	17	12	using	use	VERB
ajfa-4501	17	13	local	local	ADJ
ajfa-4501	17	14	governmental	governmental	ADJ
ajfa-4501	17	15	data	datum	NOUN
ajfa-4501	17	16	collected	collect	VERB
ajfa-4501	17	17	from	from	ADP
ajfa-4501	17	18	northern	northern	PROPN
ajfa-4501	17	19	california	california	PROPN
ajfa-4501	17	20	.	.	PUNCT
ajfa-4501	18	1	nonprofit	nonprofit	ADJ
ajfa-4501	18	2	organizations	organization	NOUN
ajfa-4501	18	3	(	(	PUNCT
ajfa-4501	18	4	npos	npos	NOUN
ajfa-4501	18	5	)	)	PUNCT
ajfa-4501	18	6	cover	cover	VERB
ajfa-4501	18	7	a	a	DET
ajfa-4501	18	8	wide	wide	ADJ
ajfa-4501	18	9	range	range	NOUN
ajfa-4501	18	10	of	of	ADP
ajfa-4501	18	11	entities	entity	NOUN
ajfa-4501	18	12	from	from	ADP
ajfa-4501	18	13	hospitals	hospital	NOUN
ajfa-4501	18	14	,	,	PUNCT
ajfa-4501	18	15	foundations	foundation	NOUN
ajfa-4501	18	16	,	,	PUNCT
ajfa-4501	18	17	churches	church	NOUN
ajfa-4501	18	18	,	,	PUNCT
ajfa-4501	18	19	and	and	CCONJ
ajfa-4501	18	20	schools	school	NOUN
ajfa-4501	18	21	to	to	ADP
ajfa-4501	18	22	museums	museum	NOUN
ajfa-4501	18	23	.	.	PUNCT
ajfa-4501	19	1	however	however	ADV
ajfa-4501	19	2	,	,	PUNCT
ajfa-4501	19	3	due	due	ADP
ajfa-4501	19	4	to	to	ADP
ajfa-4501	19	5	the	the	DET
ajfa-4501	19	6	difficulty	difficulty	NOUN
ajfa-4501	19	7	of	of	ADP
ajfa-4501	19	8	collecting	collect	VERB
ajfa-4501	19	9	audit	audit	NOUN
ajfa-4501	19	10	fee	fee	NOUN
ajfa-4501	19	11	information	information	NOUN
ajfa-4501	19	12	,	,	PUNCT
ajfa-4501	19	13	only	only	ADV
ajfa-4501	19	14	a	a	DET
ajfa-4501	19	15	few	few	ADJ
ajfa-4501	19	16	studies	study	NOUN
ajfa-4501	19	17	have	have	AUX
ajfa-4501	19	18	focused	focus	VERB
ajfa-4501	19	19	on	on	ADP
ajfa-4501	19	20	audit	audit	NOUN
ajfa-4501	19	21	fees	fee	NOUN
ajfa-4501	19	22	for	for	ADP
ajfa-4501	19	23	npos	npos	NOUN
ajfa-4501	19	24	.	.	PUNCT
ajfa-4501	20	1	this	this	DET
ajfa-4501	20	2	research	research	NOUN
ajfa-4501	20	3	has	have	AUX
ajfa-4501	20	4	not	not	PART
ajfa-4501	20	5	found	find	VERB
ajfa-4501	20	6	a	a	DET
ajfa-4501	20	7	study	study	NOUN
ajfa-4501	20	8	focusing	focus	VERB
ajfa-4501	20	9	on	on	ADP
ajfa-4501	20	10	audit	audit	NOUN
ajfa-4501	20	11	premiums	premium	NOUN
ajfa-4501	20	12	using	use	VERB
ajfa-4501	20	13	actual	actual	ADJ
ajfa-4501	20	14	npo	npo	ADJ
ajfa-4501	20	15	audit	audit	NOUN
ajfa-4501	20	16	fees	fee	NOUN
ajfa-4501	20	17	in	in	ADP
ajfa-4501	20	18	taiwan	taiwan	PROPN
ajfa-4501	20	19	,	,	PUNCT
ajfa-4501	20	20	especially	especially	ADV
ajfa-4501	20	21	for	for	ADP
ajfa-4501	20	22	private	private	ADJ
ajfa-4501	20	23	universities	university	NOUN
ajfa-4501	20	24	and	and	CCONJ
ajfa-4501	20	25	colleges	college	NOUN
ajfa-4501	20	26	.	.	PUNCT
ajfa-4501	21	1	2	2	NUM
ajfa-4501	21	2	following	follow	VERB
ajfa-4501	21	3	a	a	DET
ajfa-4501	21	4	financial	financial	ADJ
ajfa-4501	21	5	crisis	crisis	NOUN
ajfa-4501	21	6	at	at	ADP
ajfa-4501	21	7	hualien	hualien	PROPN
ajfa-4501	21	8	da	da	PROPN
ajfa-4501	21	9	-	-	PUNCT
ajfa-4501	21	10	han	han	PROPN
ajfa-4501	21	11	industrial	industrial	PROPN
ajfa-4501	21	12	and	and	CCONJ
ajfa-4501	21	13	business	business	NOUN
ajfa-4501	21	14	college	college	NOUN
ajfa-4501	21	15	in	in	ADP
ajfa-4501	21	16	1988	1988	NUM
ajfa-4501	21	17	and	and	CCONJ
ajfa-4501	21	18	an	an	DET
ajfa-4501	21	19	accounting	accounting	NOUN
ajfa-4501	21	20	scandal	scandal	NOUN
ajfa-4501	21	21	at	at	ADP
ajfa-4501	21	22	kaohsiung	kaohsiung	PROPN
ajfa-4501	21	23	international	international	PROPN
ajfa-4501	21	24	business	business	PROPN
ajfa-4501	21	25	college	college	PROPN
ajfa-4501	21	26	,	,	PUNCT
ajfa-4501	21	27	the	the	DET
ajfa-4501	21	28	ministry	ministry	PROPN
ajfa-4501	21	29	of	of	ADP
ajfa-4501	21	30	education	education	PROPN
ajfa-4501	21	31	(	(	PUNCT
ajfa-4501	21	32	moe	moe	NOUN
ajfa-4501	21	33	)	)	PUNCT
ajfa-4501	21	34	adopted	adopt	VERB
ajfa-4501	21	35	strict	strict	ADJ
ajfa-4501	21	36	controls	control	NOUN
ajfa-4501	21	37	over	over	ADP
ajfa-4501	21	38	financial	financial	ADJ
ajfa-4501	21	39	operations	operation	NOUN
ajfa-4501	21	40	of	of	ADP
ajfa-4501	21	41	private	private	ADJ
ajfa-4501	21	42	universities	university	NOUN
ajfa-4501	21	43	and	and	CCONJ
ajfa-4501	21	44	colleges	college	NOUN
ajfa-4501	21	45	.	.	PUNCT
ajfa-4501	22	1	since	since	SCONJ
ajfa-4501	22	2	then	then	ADV
ajfa-4501	22	3	,	,	PUNCT
ajfa-4501	22	4	the	the	DET
ajfa-4501	22	5	moe	moe	NOUN
ajfa-4501	22	6	has	have	AUX
ajfa-4501	22	7	required	require	VERB
ajfa-4501	22	8	that	that	SCONJ
ajfa-4501	22	9	financial	financial	ADJ
ajfa-4501	22	10	statements	statement	NOUN
ajfa-4501	22	11	of	of	ADP
ajfa-4501	22	12	universities	university	NOUN
ajfa-4501	22	13	and	and	CCONJ
ajfa-4501	22	14	colleges	college	NOUN
ajfa-4501	22	15	be	be	AUX
ajfa-4501	22	16	audited	audit	VERB
ajfa-4501	22	17	by	by	ADP
ajfa-4501	22	18	auditing	auditing	NOUN
ajfa-4501	22	19	firms	firm	NOUN
ajfa-4501	22	20	.	.	PUNCT
ajfa-4501	23	1	the	the	DET
ajfa-4501	23	2	recent	recent	ADJ
ajfa-4501	23	3	deregulation	deregulation	NOUN
ajfa-4501	23	4	of	of	ADP
ajfa-4501	23	5	founding	found	VERB
ajfa-4501	23	6	private	private	ADJ
ajfa-4501	23	7	universities	university	NOUN
ajfa-4501	23	8	and	and	CCONJ
ajfa-4501	23	9	colleges	college	NOUN
ajfa-4501	23	10	has	have	AUX
ajfa-4501	23	11	increased	increase	VERB
ajfa-4501	23	12	public	public	ADJ
ajfa-4501	23	13	and	and	CCONJ
ajfa-4501	23	14	private	private	ADJ
ajfa-4501	23	15	universities	university	NOUN
ajfa-4501	23	16	and	and	CCONJ
ajfa-4501	23	17	colleges	college	NOUN
ajfa-4501	23	18	to	to	ADP
ajfa-4501	23	19	a	a	DET
ajfa-4501	23	20	total	total	ADJ
ajfa-4501	23	21	number	number	NOUN
ajfa-4501	23	22	of	of	ADP
ajfa-4501	23	23	162	162	NUM
ajfa-4501	23	24	in	in	ADP
ajfa-4501	23	25	2006	2006	NUM
ajfa-4501	23	26	.	.	PUNCT
ajfa-4501	24	1	the	the	DET
ajfa-4501	24	2	moe	moe	NOUN
ajfa-4501	24	3	started	start	VERB
ajfa-4501	24	4	hiring	hire	VERB
ajfa-4501	24	5	auditors	auditor	NOUN
ajfa-4501	24	6	to	to	PART
ajfa-4501	24	7	audit	audit	VERB
ajfa-4501	24	8	private	private	ADJ
ajfa-4501	24	9	universities	university	NOUN
ajfa-4501	24	10	and	and	CCONJ
ajfa-4501	24	11	colleges	college	NOUN
ajfa-4501	24	12	through	through	ADP
ajfa-4501	24	13	open	open	ADJ
ajfa-4501	24	14	tendering	tendering	NOUN
ajfa-4501	24	15	procedures	procedure	NOUN
ajfa-4501	24	16	between	between	ADP
ajfa-4501	24	17	2001	2001	NUM
ajfa-4501	24	18	and	and	CCONJ
ajfa-4501	24	19	2002	2002	NUM
ajfa-4501	24	20	.	.	PUNCT
ajfa-4501	25	1	the	the	DET
ajfa-4501	25	2	moe	moe	NOUN
ajfa-4501	25	3	restricted	restrict	VERB
ajfa-4501	25	4	bidder	bidder	NOUN
ajfa-4501	25	5	qualifications	qualification	NOUN
ajfa-4501	25	6	in	in	ADP
ajfa-4501	25	7	2003	2003	NUM
ajfa-4501	25	8	to	to	PART
ajfa-4501	25	9	enhance	enhance	VERB
ajfa-4501	25	10	auditors	auditor	NOUN
ajfa-4501	25	11	’	’	PART
ajfa-4501	25	12	abilities	ability	NOUN
ajfa-4501	25	13	,	,	PUNCT
ajfa-4501	25	14	and	and	CCONJ
ajfa-4501	25	15	adopted	adopt	VERB
ajfa-4501	25	16	limited	limited	ADJ
ajfa-4501	25	17	tendering	tendering	NOUN
ajfa-4501	25	18	procedures	procedure	NOUN
ajfa-4501	25	19	to	to	PART
ajfa-4501	25	20	choose	choose	VERB
ajfa-4501	25	21	auditors	auditor	NOUN
ajfa-4501	25	22	and	and	CCONJ
ajfa-4501	25	23	auditing	auditing	NOUN
ajfa-4501	25	24	fees	fee	NOUN
ajfa-4501	25	25	.	.	PUNCT
ajfa-4501	26	1	the	the	DET
ajfa-4501	26	2	tendering	tender	VERB
ajfa-4501	26	3	procedure	procedure	NOUN
ajfa-4501	26	4	uniquely	uniquely	ADV
ajfa-4501	26	5	appoints	appoint	VERB
ajfa-4501	26	6	auditors	auditor	NOUN
ajfa-4501	26	7	in	in	ADP
ajfa-4501	26	8	taiwan	taiwan	PROPN
ajfa-4501	26	9	.	.	PUNCT
ajfa-4501	27	1	what	what	PRON
ajfa-4501	27	2	factors	factor	NOUN
ajfa-4501	27	3	determine	determine	VERB
ajfa-4501	27	4	audit	audit	NOUN
ajfa-4501	27	5	fees	fee	NOUN
ajfa-4501	27	6	of	of	ADP
ajfa-4501	27	7	private	private	ADJ
ajfa-4501	27	8	universities	university	NOUN
ajfa-4501	27	9	and	and	CCONJ
ajfa-4501	27	10	colleges	college	NOUN
ajfa-4501	27	11	?	?	PUNCT
ajfa-4501	28	1	researches	research	NOUN
ajfa-4501	28	2	demonstrate	demonstrate	VERB
ajfa-4501	28	3	that	that	SCONJ
ajfa-4501	28	4	the	the	DET
ajfa-4501	28	5	main	main	ADJ
ajfa-4501	28	6	factors	factor	NOUN
ajfa-4501	28	7	for	for	ADP
ajfa-4501	28	8	profit	profit	NOUN
ajfa-4501	28	9	organizations	organization	NOUN
ajfa-4501	28	10	are	be	AUX
ajfa-4501	28	11	client	client	NOUN
ajfa-4501	28	12	size	size	NOUN
ajfa-4501	28	13	(	(	PUNCT
ajfa-4501	28	14	simunic	simunic	ADJ
ajfa-4501	28	15	,	,	PUNCT
ajfa-4501	28	16	1980	1980	NUM
ajfa-4501	28	17	;	;	PUNCT
ajfa-4501	28	18	palmrose	palmrose	ADJ
ajfa-4501	28	19	,	,	PUNCT
ajfa-4501	28	20	1986	1986	NUM
ajfa-4501	28	21	)	)	PUNCT
ajfa-4501	28	22	,	,	PUNCT
ajfa-4501	28	23	client	client	NOUN
ajfa-4501	28	24	risk	risk	NOUN
ajfa-4501	28	25	(	(	PUNCT
ajfa-4501	28	26	simunic	simunic	ADJ
ajfa-4501	28	27	,	,	PUNCT
ajfa-4501	28	28	1980	1980	NUM
ajfa-4501	28	29	)	)	PUNCT
ajfa-4501	28	30	,	,	PUNCT
ajfa-4501	28	31	client	client	NOUN
ajfa-4501	28	32	complexity	complexity	NOUN
ajfa-4501	28	33	(	(	PUNCT
ajfa-4501	28	34	thornton	thornton	NOUN
ajfa-4501	28	35	and	and	CCONJ
ajfa-4501	28	36	zeghal	zeghal	NOUN
ajfa-4501	28	37	,	,	PUNCT
ajfa-4501	28	38	1994	1994	NUM
ajfa-4501	28	39	)	)	PUNCT
ajfa-4501	28	40	,	,	PUNCT
ajfa-4501	28	41	and	and	CCONJ
ajfa-4501	28	42	auditor	auditor	NOUN
ajfa-4501	28	43	brand	brand	NOUN
ajfa-4501	28	44	name	name	NOUN
ajfa-4501	28	45	reputation	reputation	NOUN
ajfa-4501	28	46	(	(	PUNCT
ajfa-4501	28	47	simunic	simunic	ADJ
ajfa-4501	28	48	,	,	PUNCT
ajfa-4501	28	49	1980	1980	NUM
ajfa-4501	28	50	;	;	PUNCT
ajfa-4501	29	1	craswell	craswell	NOUN
ajfa-4501	29	2	et	et	PROPN
ajfa-4501	29	3	al	al	PROPN
ajfa-4501	29	4	.	.	PROPN
ajfa-4501	29	5	,	,	PUNCT
ajfa-4501	29	6	1995	1995	NUM
ajfa-4501	29	7	)	)	PUNCT
ajfa-4501	29	8	.	.	PUNCT
ajfa-4501	30	1	prior	prior	ADJ
ajfa-4501	30	2	studies	study	NOUN
ajfa-4501	30	3	show	show	VERB
ajfa-4501	30	4	that	that	SCONJ
ajfa-4501	30	5	large	large	ADJ
ajfa-4501	30	6	audit	audit	NOUN
ajfa-4501	30	7	firms	firm	NOUN
ajfa-4501	30	8	systematically	systematically	ADV
ajfa-4501	30	9	charge	charge	VERB
ajfa-4501	30	10	higher	high	ADJ
ajfa-4501	30	11	audit	audit	NOUN
ajfa-4501	30	12	fees	fee	NOUN
ajfa-4501	30	13	.	.	PUNCT
ajfa-4501	31	1	according	accord	VERB
ajfa-4501	31	2	to	to	ADP
ajfa-4501	31	3	the	the	DET
ajfa-4501	31	4	product	product	NOUN
ajfa-4501	31	5	differentiation	differentiation	NOUN
ajfa-4501	31	6	economic	economic	ADJ
ajfa-4501	31	7	theory	theory	NOUN
ajfa-4501	31	8	(	(	PUNCT
ajfa-4501	31	9	klein	klein	PROPN
ajfa-4501	31	10	and	and	CCONJ
ajfa-4501	31	11	leffler	leffler	NOUN
ajfa-4501	31	12	,	,	PUNCT
ajfa-4501	31	13	1981	1981	NUM
ajfa-4501	31	14	;	;	PUNCT
ajfa-4501	31	15	shapiro	shapiro	PROPN
ajfa-4501	31	16	,	,	PUNCT
ajfa-4501	31	17	1983	1983	NUM
ajfa-4501	31	18	)	)	PUNCT
ajfa-4501	31	19	,	,	PUNCT
ajfa-4501	31	20	large	large	ADJ
ajfa-4501	31	21	audit	audit	NOUN
ajfa-4501	31	22	firms	firm	NOUN
ajfa-4501	31	23	investing	invest	VERB
ajfa-4501	31	24	in	in	ADP
ajfa-4501	31	25	a	a	DET
ajfa-4501	31	26	brand	brand	NOUN
ajfa-4501	31	27	name	name	NOUN
ajfa-4501	31	28	for	for	ADP
ajfa-4501	31	29	better	well	ADJ
ajfa-4501	31	30	audit	audit	NOUN
ajfa-4501	31	31	quality	quality	NOUN
ajfa-4501	31	32	positively	positively	ADV
ajfa-4501	31	33	relates	relate	VERB
ajfa-4501	31	34	to	to	ADP
ajfa-4501	31	35	higher	high	ADJ
ajfa-4501	31	36	audit	audit	NOUN
ajfa-4501	31	37	fees	fee	NOUN
ajfa-4501	31	38	in	in	ADP
ajfa-4501	31	39	competitive	competitive	ADJ
ajfa-4501	31	40	markets	market	NOUN
ajfa-4501	31	41	.	.	PUNCT
ajfa-4501	32	1	the	the	DET
ajfa-4501	32	2	demand	demand	NOUN
ajfa-4501	32	3	for	for	ADP
ajfa-4501	32	4	audit	audit	NOUN
ajfa-4501	32	5	quality	quality	NOUN
ajfa-4501	32	6	differentiation	differentiation	NOUN
ajfa-4501	32	7	can	can	AUX
ajfa-4501	32	8	be	be	AUX
ajfa-4501	32	9	explained	explain	VERB
ajfa-4501	32	10	as	as	ADP
ajfa-4501	32	11	agent	agent	NOUN
ajfa-4501	32	12	/	/	SYM
ajfa-4501	32	13	contract	contract	NOUN
ajfa-4501	32	14	costs	cost	NOUN
ajfa-4501	32	15	(	(	PUNCT
ajfa-4501	32	16	simunic	simunic	PROPN
ajfa-4501	32	17	and	and	CCONJ
ajfa-4501	32	18	stein	stein	PROPN
ajfa-4501	32	19	,	,	PUNCT
ajfa-4501	32	20	1987	1987	NUM
ajfa-4501	32	21	;	;	PUNCT
ajfa-4501	32	22	watts	watts	PROPN
ajfa-4501	32	23	and	and	CCONJ
ajfa-4501	32	24	zimmerman	zimmerman	PROPN
ajfa-4501	32	25	,	,	PUNCT
ajfa-4501	32	26	1986	1986	NUM
ajfa-4501	32	27	)	)	PUNCT
ajfa-4501	32	28	.	.	PUNCT
ajfa-4501	33	1	most	most	ADJ
ajfa-4501	33	2	knowledge	knowledge	NOUN
ajfa-4501	33	3	or	or	CCONJ
ajfa-4501	33	4	experience	experience	NOUN
ajfa-4501	33	5	of	of	ADP
ajfa-4501	33	6	organizational	organizational	ADJ
ajfa-4501	33	7	management	management	NOUN
ajfa-4501	33	8	and	and	CCONJ
ajfa-4501	33	9	audit	audit	NOUN
ajfa-4501	33	10	are	be	AUX
ajfa-4501	33	11	mainly	mainly	ADV
ajfa-4501	33	12	obtained	obtain	VERB
ajfa-4501	33	13	from	from	ADP
ajfa-4501	33	14	profit	profit	NOUN
ajfa-4501	33	15	organizations	organization	NOUN
ajfa-4501	33	16	,	,	PUNCT
ajfa-4501	33	17	and	and	CCONJ
ajfa-4501	33	18	the	the	DET
ajfa-4501	33	19	mission	mission	NOUN
ajfa-4501	33	20	and	and	CCONJ
ajfa-4501	33	21	performance	performance	NOUN
ajfa-4501	33	22	evaluation	evaluation	NOUN
ajfa-4501	33	23	criteria	criterion	NOUN
ajfa-4501	33	24	of	of	ADP
ajfa-4501	33	25	npos	npos	NOUN
ajfa-4501	33	26	are	be	AUX
ajfa-4501	33	27	different	different	ADJ
ajfa-4501	33	28	from	from	ADP
ajfa-4501	33	29	those	those	PRON
ajfa-4501	33	30	of	of	ADP
ajfa-4501	33	31	profit	profit	NOUN
ajfa-4501	33	32	organizations	organization	NOUN
ajfa-4501	33	33	.	.	PUNCT
ajfa-4501	34	1	thus	thus	ADV
ajfa-4501	34	2	,	,	PUNCT
ajfa-4501	34	3	studies	study	NOUN
ajfa-4501	34	4	on	on	ADP
ajfa-4501	34	5	managing	manage	VERB
ajfa-4501	34	6	npos	npos	NOUN
ajfa-4501	34	7	will	will	AUX
ajfa-4501	34	8	face	face	VERB
ajfa-4501	34	9	some	some	DET
ajfa-4501	34	10	obvious	obvious	ADJ
ajfa-4501	34	11	challenges	challenge	NOUN
ajfa-4501	34	12	.	.	PUNCT
ajfa-4501	35	1	this	this	DET
ajfa-4501	35	2	study	study	NOUN
ajfa-4501	35	3	focuses	focus	VERB
ajfa-4501	35	4	not	not	PART
ajfa-4501	35	5	only	only	ADV
ajfa-4501	35	6	on	on	ADP
ajfa-4501	35	7	types	type	NOUN
ajfa-4501	35	8	of	of	ADP
ajfa-4501	35	9	tendering	tendering	NOUN
ajfa-4501	35	10	procedures	procedure	NOUN
ajfa-4501	35	11	,	,	PUNCT
ajfa-4501	35	12	but	but	CCONJ
ajfa-4501	35	13	also	also	ADV
ajfa-4501	35	14	on	on	ADP
ajfa-4501	35	15	audit	audit	NOUN
ajfa-4501	35	16	revenue	revenue	NOUN
ajfa-4501	35	17	premiums	premium	NOUN
ajfa-4501	35	18	charged	charge	VERB
ajfa-4501	35	19	for	for	ADP
ajfa-4501	35	20	better	well	ADJ
ajfa-4501	35	21	auditor	auditor	NOUN
ajfa-4501	35	22	brand	brand	NOUN
ajfa-4501	35	23	name	name	NOUN
ajfa-4501	35	24	reputation	reputation	NOUN
ajfa-4501	35	25	and	and	CCONJ
ajfa-4501	35	26	auditor	auditor	NOUN
ajfa-4501	35	27	industry	industry	NOUN
ajfa-4501	35	28	specialization	specialization	NOUN
ajfa-4501	35	29	.	.	PUNCT
ajfa-4501	36	1	the	the	DET
ajfa-4501	36	2	purpose	purpose	NOUN
ajfa-4501	36	3	of	of	ADP
ajfa-4501	36	4	this	this	DET
ajfa-4501	36	5	research	research	NOUN
ajfa-4501	36	6	is	be	AUX
ajfa-4501	36	7	three	three	NUM
ajfa-4501	36	8	-	-	NOUN
ajfa-4501	36	9	fold	fold	ADJ
ajfa-4501	36	10	.	.	PUNCT
ajfa-4501	37	1	firstly	firstly	ADV
ajfa-4501	37	2	,	,	PUNCT
ajfa-4501	37	3	this	this	DET
ajfa-4501	37	4	investigation	investigation	NOUN
ajfa-4501	37	5	tests	test	VERB
ajfa-4501	37	6	not	not	PART
ajfa-4501	37	7	only	only	ADV
ajfa-4501	37	8	the	the	DET
ajfa-4501	37	9	effects	effect	NOUN
ajfa-4501	37	10	of	of	ADP
ajfa-4501	37	11	open	open	ADJ
ajfa-4501	37	12	tendering	tendering	NOUN
ajfa-4501	37	13	procedures	procedure	NOUN
ajfa-4501	37	14	,	,	PUNCT
ajfa-4501	37	15	but	but	CCONJ
ajfa-4501	37	16	also	also	ADV
ajfa-4501	37	17	the	the	DET
ajfa-4501	37	18	effects	effect	NOUN
ajfa-4501	37	19	of	of	ADP
ajfa-4501	37	20	limited	limited	ADJ
ajfa-4501	37	21	tendering	tendering	NOUN
ajfa-4501	37	22	procedures	procedure	NOUN
ajfa-4501	37	23	on	on	ADP
ajfa-4501	37	24	audit	audit	NOUN
ajfa-4501	37	25	fees	fee	NOUN
ajfa-4501	37	26	.	.	PUNCT
ajfa-4501	38	1	secondly	secondly	ADV
ajfa-4501	38	2	,	,	PUNCT
ajfa-4501	38	3	this	this	DET
ajfa-4501	38	4	work	work	NOUN
ajfa-4501	38	5	examines	examine	VERB
ajfa-4501	38	6	the	the	DET
ajfa-4501	38	7	big	big	ADJ
ajfa-4501	38	8	4	4	NUM
ajfa-4501	38	9	audit	audit	NOUN
ajfa-4501	38	10	fee	fee	NOUN
ajfa-4501	38	11	-	-	PUNCT
ajfa-4501	38	12	premiums	premium	NOUN
ajfa-4501	38	13	behavior	behavior	NOUN
ajfa-4501	38	14	using	use	VERB
ajfa-4501	38	15	samples	sample	NOUN
ajfa-4501	38	16	collected	collect	VERB
ajfa-4501	38	17	from	from	ADP
ajfa-4501	38	18	non	non	ADJ
ajfa-4501	38	19	-	-	NOUN
ajfa-4501	38	20	profit	profit	ADJ
ajfa-4501	38	21	(	(	PUNCT
ajfa-4501	38	22	private	private	ADJ
ajfa-4501	38	23	colleges	college	NOUN
ajfa-4501	38	24	and	and	CCONJ
ajfa-4501	38	25	universities	university	NOUN
ajfa-4501	38	26	)	)	PUNCT
ajfa-4501	38	27	rather	rather	ADV
ajfa-4501	38	28	than	than	ADP
ajfa-4501	38	29	profit	profit	NOUN
ajfa-4501	38	30	organizations	organization	NOUN
ajfa-4501	38	31	.	.	PUNCT
ajfa-4501	39	1	asian	asian	ADJ
ajfa-4501	39	2	journal	journal	PROPN
ajfa-4501	39	3	of	of	ADP
ajfa-4501	39	4	finance	finance	PROPN
ajfa-4501	39	5	&	&	CCONJ
ajfa-4501	39	6	accounting	accounting	PROPN
ajfa-4501	39	7	issn	issn	PROPN
ajfa-4501	39	8	1946	1946	NUM
ajfa-4501	39	9	-	-	PUNCT
ajfa-4501	39	10	052x	052x	NOUN
ajfa-4501	39	11	2013	2013	NUM
ajfa-4501	39	12	,	,	PUNCT
ajfa-4501	39	13	vol	vol	NOUN
ajfa-4501	39	14	.	.	PROPN
ajfa-4501	39	15	5	5	NUM
ajfa-4501	39	16	,	,	PUNCT
ajfa-4501	39	17	no	no	INTJ
ajfa-4501	39	18	.	.	NOUN
ajfa-4501	39	19	2	2	NUM
ajfa-4501	39	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-4501	39	21	307	307	NUM
ajfa-4501	39	22	thirdly	thirdly	ADV
ajfa-4501	39	23	,	,	PUNCT
ajfa-4501	39	24	the	the	DET
ajfa-4501	39	25	current	current	ADJ
ajfa-4501	39	26	study	study	NOUN
ajfa-4501	39	27	divides	divide	VERB
ajfa-4501	39	28	the	the	DET
ajfa-4501	39	29	big	big	ADJ
ajfa-4501	39	30	4	4	NUM
ajfa-4501	39	31	audit	audit	NOUN
ajfa-4501	39	32	fee	fee	NOUN
ajfa-4501	39	33	-	-	PUNCT
ajfa-4501	39	34	premiums	premium	NOUN
ajfa-4501	39	35	into	into	ADP
ajfa-4501	39	36	two	two	NUM
ajfa-4501	39	37	components	component	NOUN
ajfa-4501	39	38	in	in	ADP
ajfa-4501	39	39	terms	term	NOUN
ajfa-4501	39	40	of	of	ADP
ajfa-4501	39	41	npo	npo	PROPN
ajfa-4501	39	42	features	feature	NOUN
ajfa-4501	39	43	:	:	PUNCT
ajfa-4501	39	44	brand	brand	NOUN
ajfa-4501	39	45	name	name	NOUN
ajfa-4501	39	46	reputation	reputation	NOUN
ajfa-4501	39	47	and	and	CCONJ
ajfa-4501	39	48	auditor	auditor	NOUN
ajfa-4501	39	49	industry	industry	NOUN
ajfa-4501	39	50	specialization	specialization	NOUN
ajfa-4501	39	51	and	and	CCONJ
ajfa-4501	39	52	different	different	ADJ
ajfa-4501	39	53	audit	audit	NOUN
ajfa-4501	39	54	periods	period	NOUN
ajfa-4501	39	55	.	.	PUNCT
ajfa-4501	40	1	the	the	DET
ajfa-4501	40	2	first	first	ADJ
ajfa-4501	40	3	component	component	NOUN
ajfa-4501	40	4	refers	refer	VERB
ajfa-4501	40	5	to	to	ADP
ajfa-4501	40	6	the	the	DET
ajfa-4501	40	7	general	general	ADJ
ajfa-4501	40	8	auditor	auditor	NOUN
ajfa-4501	40	9	brand	brand	NOUN
ajfa-4501	40	10	name	name	NOUN
ajfa-4501	40	11	premium	premium	NOUN
ajfa-4501	40	12	,	,	PUNCT
ajfa-4501	40	13	representing	represent	VERB
ajfa-4501	40	14	that	that	DET
ajfa-4501	40	15	audit	audit	NOUN
ajfa-4501	40	16	revenue	revenue	NOUN
ajfa-4501	40	17	premium	premium	NOUN
ajfa-4501	40	18	positively	positively	ADV
ajfa-4501	40	19	relates	relate	VERB
ajfa-4501	40	20	to	to	ADP
ajfa-4501	40	21	auditor	auditor	NOUN
ajfa-4501	40	22	brand	brand	NOUN
ajfa-4501	40	23	name	name	NOUN
ajfa-4501	40	24	.	.	PUNCT
ajfa-4501	41	1	the	the	DET
ajfa-4501	41	2	second	second	ADJ
ajfa-4501	41	3	component	component	NOUN
ajfa-4501	41	4	is	be	AUX
ajfa-4501	41	5	the	the	DET
ajfa-4501	41	6	auditor	auditor	NOUN
ajfa-4501	41	7	specialist	specialist	NOUN
ajfa-4501	41	8	premium	premium	NOUN
ajfa-4501	41	9	,	,	PUNCT
ajfa-4501	41	10	indicating	indicate	VERB
ajfa-4501	41	11	that	that	SCONJ
ajfa-4501	41	12	a	a	DET
ajfa-4501	41	13	positive	positive	ADJ
ajfa-4501	41	14	relationship	relationship	NOUN
ajfa-4501	41	15	exists	exist	VERB
ajfa-4501	41	16	between	between	ADP
ajfa-4501	41	17	audit	audit	NOUN
ajfa-4501	41	18	revenue	revenue	NOUN
ajfa-4501	41	19	premiums	premium	NOUN
ajfa-4501	41	20	and	and	CCONJ
ajfa-4501	41	21	industry	industry	NOUN
ajfa-4501	41	22	specialists	specialist	NOUN
ajfa-4501	41	23	of	of	ADP
ajfa-4501	41	24	the	the	DET
ajfa-4501	41	25	big	big	ADJ
ajfa-4501	41	26	4	4	NUM
ajfa-4501	41	27	.	.	PUNCT
ajfa-4501	42	1	the	the	DET
ajfa-4501	42	2	results	result	NOUN
ajfa-4501	42	3	give	give	VERB
ajfa-4501	42	4	support	support	NOUN
ajfa-4501	42	5	to	to	ADP
ajfa-4501	42	6	our	our	PRON
ajfa-4501	42	7	hypotheses	hypothesis	NOUN
ajfa-4501	42	8	that	that	SCONJ
ajfa-4501	42	9	:	:	PUNCT
ajfa-4501	42	10	(	(	PUNCT
ajfa-4501	42	11	1	1	X
ajfa-4501	42	12	)	)	PUNCT
ajfa-4501	42	13	cpa	cpa	NOUN
ajfa-4501	42	14	firms	firm	NOUN
ajfa-4501	42	15	can	can	AUX
ajfa-4501	42	16	get	get	VERB
ajfa-4501	42	17	more	more	ADJ
ajfa-4501	42	18	revenue	revenue	NOUN
ajfa-4501	42	19	(	(	PUNCT
ajfa-4501	42	20	audit	audit	NOUN
ajfa-4501	42	21	fees	fee	NOUN
ajfa-4501	42	22	)	)	PUNCT
ajfa-4501	42	23	under	under	ADP
ajfa-4501	42	24	limited	limited	ADJ
ajfa-4501	42	25	tendering	tendering	NOUN
ajfa-4501	42	26	procedures	procedure	NOUN
ajfa-4501	42	27	are	be	AUX
ajfa-4501	42	28	higher	high	ADJ
ajfa-4501	42	29	than	than	ADP
ajfa-4501	42	30	those	those	PRON
ajfa-4501	42	31	under	under	ADP
ajfa-4501	42	32	open	open	ADJ
ajfa-4501	42	33	tendering	tendering	NOUN
ajfa-4501	42	34	procedures	procedure	NOUN
ajfa-4501	42	35	;	;	PUNCT
ajfa-4501	42	36	(	(	PUNCT
ajfa-4501	42	37	2	2	X
ajfa-4501	42	38	)	)	PUNCT
ajfa-4501	42	39	specialist	specialist	NOUN
ajfa-4501	42	40	big	big	ADJ
ajfa-4501	42	41	4	4	NUM
ajfa-4501	42	42	auditors	auditor	NOUN
ajfa-4501	42	43	can	can	AUX
ajfa-4501	42	44	get	get	VERB
ajfa-4501	42	45	more	more	ADJ
ajfa-4501	42	46	revenue	revenue	NOUN
ajfa-4501	42	47	(	(	PUNCT
ajfa-4501	42	48	audit	audit	NOUN
ajfa-4501	42	49	fees	fee	NOUN
ajfa-4501	42	50	)	)	PUNCT
ajfa-4501	42	51	than	than	ADP
ajfa-4501	42	52	non	non	ADJ
ajfa-4501	42	53	-	-	ADJ
ajfa-4501	42	54	specialist	specialist	ADJ
ajfa-4501	42	55	big	big	ADJ
ajfa-4501	42	56	4	4	NUM
ajfa-4501	42	57	auditors	auditor	NOUN
ajfa-4501	42	58	;	;	PUNCT
ajfa-4501	42	59	and	and	CCONJ
ajfa-4501	42	60	(	(	PUNCT
ajfa-4501	42	61	3	3	X
ajfa-4501	42	62	)	)	PUNCT
ajfa-4501	42	63	specialist	specialist	NOUN
ajfa-4501	42	64	big	big	ADJ
ajfa-4501	42	65	4	4	NUM
ajfa-4501	42	66	auditors	auditor	NOUN
ajfa-4501	42	67	can	can	AUX
ajfa-4501	42	68	get	get	VERB
ajfa-4501	42	69	more	more	ADJ
ajfa-4501	42	70	revenue	revenue	NOUN
ajfa-4501	42	71	(	(	PUNCT
ajfa-4501	42	72	audit	audit	NOUN
ajfa-4501	42	73	fees	fee	NOUN
ajfa-4501	42	74	)	)	PUNCT
ajfa-4501	42	75	than	than	ADP
ajfa-4501	42	76	non	non	ADJ
ajfa-4501	42	77	-	-	ADJ
ajfa-4501	42	78	specialist	specialist	ADJ
ajfa-4501	42	79	big	big	ADJ
ajfa-4501	42	80	4	4	NUM
ajfa-4501	42	81	auditors	auditor	NOUN
ajfa-4501	42	82	.	.	PUNCT
ajfa-4501	43	1	these	these	DET
ajfa-4501	43	2	findings	finding	NOUN
ajfa-4501	43	3	are	be	AUX
ajfa-4501	43	4	similar	similar	ADJ
ajfa-4501	43	5	to	to	ADP
ajfa-4501	43	6	the	the	DET
ajfa-4501	43	7	evidence	evidence	NOUN
ajfa-4501	43	8	from	from	ADP
ajfa-4501	43	9	profit	profit	NOUN
ajfa-4501	43	10	organizations	organization	NOUN
ajfa-4501	43	11	and	and	CCONJ
ajfa-4501	43	12	extend	extend	VERB
ajfa-4501	43	13	the	the	DET
ajfa-4501	43	14	literature	literature	NOUN
ajfa-4501	43	15	.	.	PUNCT
ajfa-4501	44	1	some	some	DET
ajfa-4501	44	2	findings	finding	NOUN
ajfa-4501	44	3	and	and	CCONJ
ajfa-4501	44	4	significance	significance	NOUN
ajfa-4501	44	5	in	in	ADP
ajfa-4501	44	6	the	the	DET
ajfa-4501	44	7	study	study	NOUN
ajfa-4501	44	8	include	include	VERB
ajfa-4501	44	9	the	the	DET
ajfa-4501	44	10	following	following	NOUN
ajfa-4501	44	11	.	.	PUNCT
ajfa-4501	45	1	firstly	firstly	ADV
ajfa-4501	45	2	,	,	PUNCT
ajfa-4501	45	3	the	the	DET
ajfa-4501	45	4	current	current	ADJ
ajfa-4501	45	5	study	study	NOUN
ajfa-4501	45	6	significantly	significantly	ADV
ajfa-4501	45	7	differs	differ	VERB
ajfa-4501	45	8	from	from	ADP
ajfa-4501	45	9	prior	prior	ADJ
ajfa-4501	45	10	researches	research	NOUN
ajfa-4501	45	11	in	in	ADP
ajfa-4501	45	12	which	which	PRON
ajfa-4501	45	13	the	the	DET
ajfa-4501	45	14	client	client	NOUN
ajfa-4501	45	15	pays	pay	VERB
ajfa-4501	45	16	audit	audit	NOUN
ajfa-4501	45	17	fees	fee	NOUN
ajfa-4501	45	18	.	.	PUNCT
ajfa-4501	46	1	this	this	DET
ajfa-4501	46	2	work	work	NOUN
ajfa-4501	46	3	collects	collect	VERB
ajfa-4501	46	4	unique	unique	ADJ
ajfa-4501	46	5	data	datum	NOUN
ajfa-4501	46	6	and	and	CCONJ
ajfa-4501	46	7	shows	show	VERB
ajfa-4501	46	8	that	that	SCONJ
ajfa-4501	46	9	the	the	DET
ajfa-4501	46	10	moe	moe	NOUN
ajfa-4501	46	11	is	be	AUX
ajfa-4501	46	12	the	the	DET
ajfa-4501	46	13	responsible	responsible	ADJ
ajfa-4501	46	14	party	party	NOUN
ajfa-4501	46	15	for	for	ADP
ajfa-4501	46	16	paying	pay	VERB
ajfa-4501	46	17	audit	audit	NOUN
ajfa-4501	46	18	fees	fee	NOUN
ajfa-4501	46	19	.	.	PUNCT
ajfa-4501	47	1	this	this	DET
ajfa-4501	47	2	study	study	NOUN
ajfa-4501	47	3	also	also	ADV
ajfa-4501	47	4	examines	examine	VERB
ajfa-4501	47	5	whether	whether	SCONJ
ajfa-4501	47	6	the	the	DET
ajfa-4501	47	7	effects	effect	NOUN
ajfa-4501	47	8	of	of	ADP
ajfa-4501	47	9	independent	independent	ADJ
ajfa-4501	47	10	variables	variable	NOUN
ajfa-4501	47	11	on	on	ADP
ajfa-4501	47	12	audit	audit	NOUN
ajfa-4501	47	13	fees	fee	NOUN
ajfa-4501	47	14	are	be	AUX
ajfa-4501	47	15	different	different	ADJ
ajfa-4501	47	16	from	from	ADP
ajfa-4501	47	17	prior	prior	ADJ
ajfa-4501	47	18	studies	study	NOUN
ajfa-4501	47	19	.	.	PUNCT
ajfa-4501	48	1	secondly	secondly	ADV
ajfa-4501	48	2	,	,	PUNCT
ajfa-4501	48	3	prior	prior	ADJ
ajfa-4501	48	4	studies	study	NOUN
ajfa-4501	48	5	give	give	VERB
ajfa-4501	48	6	evidence	evidence	NOUN
ajfa-4501	48	7	to	to	PART
ajfa-4501	48	8	support	support	VERB
ajfa-4501	48	9	the	the	DET
ajfa-4501	48	10	agency	agency	NOUN
ajfa-4501	48	11	theory	theory	NOUN
ajfa-4501	48	12	,	,	PUNCT
ajfa-4501	48	13	while	while	SCONJ
ajfa-4501	48	14	this	this	DET
ajfa-4501	48	15	research	research	NOUN
ajfa-4501	48	16	does	do	AUX
ajfa-4501	48	17	not	not	PART
ajfa-4501	48	18	find	find	VERB
ajfa-4501	48	19	any	any	DET
ajfa-4501	48	20	research	research	NOUN
ajfa-4501	48	21	that	that	PRON
ajfa-4501	48	22	focuses	focus	VERB
ajfa-4501	48	23	on	on	ADP
ajfa-4501	48	24	real	real	ADJ
ajfa-4501	48	25	audit	audit	NOUN
ajfa-4501	48	26	fees	fee	NOUN
ajfa-4501	48	27	of	of	ADP
ajfa-4501	48	28	npos	npos	NOUN
ajfa-4501	48	29	applying	apply	VERB
ajfa-4501	48	30	the	the	DET
ajfa-4501	48	31	agency	agency	NOUN
ajfa-4501	48	32	theory	theory	NOUN
ajfa-4501	48	33	in	in	ADP
ajfa-4501	48	34	taiwan	taiwan	PROPN
ajfa-4501	48	35	.	.	PUNCT
ajfa-4501	49	1	results	result	NOUN
ajfa-4501	49	2	from	from	ADP
ajfa-4501	49	3	applying	apply	VERB
ajfa-4501	49	4	real	real	ADJ
ajfa-4501	49	5	audit	audit	NOUN
ajfa-4501	49	6	fees	fee	NOUN
ajfa-4501	49	7	show	show	VERB
ajfa-4501	49	8	that	that	SCONJ
ajfa-4501	49	9	the	the	DET
ajfa-4501	49	10	agency	agency	NOUN
ajfa-4501	49	11	theory	theory	NOUN
ajfa-4501	49	12	is	be	AUX
ajfa-4501	49	13	tenable	tenable	ADJ
ajfa-4501	49	14	for	for	ADP
ajfa-4501	49	15	npos	npos	NOUN
ajfa-4501	49	16	,	,	PUNCT
ajfa-4501	49	17	especially	especially	ADV
ajfa-4501	49	18	for	for	ADP
ajfa-4501	49	19	private	private	ADJ
ajfa-4501	49	20	universities	university	NOUN
ajfa-4501	49	21	and	and	CCONJ
ajfa-4501	49	22	colleges	college	NOUN
ajfa-4501	49	23	.	.	PUNCT
ajfa-4501	50	1	thirdly	thirdly	ADV
ajfa-4501	50	2	,	,	PUNCT
ajfa-4501	50	3	this	this	DET
ajfa-4501	50	4	work	work	NOUN
ajfa-4501	50	5	proposes	propose	VERB
ajfa-4501	50	6	some	some	DET
ajfa-4501	50	7	determinants	determinant	NOUN
ajfa-4501	50	8	of	of	ADP
ajfa-4501	50	9	audit	audit	NOUN
ajfa-4501	50	10	fees	fee	NOUN
ajfa-4501	50	11	concerning	concern	VERB
ajfa-4501	50	12	private	private	ADJ
ajfa-4501	50	13	universities	university	NOUN
ajfa-4501	50	14	and	and	CCONJ
ajfa-4501	50	15	colleges	college	NOUN
ajfa-4501	50	16	.	.	PUNCT
ajfa-4501	51	1	finally	finally	ADV
ajfa-4501	51	2	,	,	PUNCT
ajfa-4501	51	3	revenue	revenue	NOUN
ajfa-4501	51	4	premiums	premium	NOUN
ajfa-4501	51	5	exist	exist	VERB
ajfa-4501	51	6	not	not	PART
ajfa-4501	51	7	only	only	ADV
ajfa-4501	51	8	in	in	ADP
ajfa-4501	51	9	profit	profit	NOUN
ajfa-4501	51	10	organizations	organization	NOUN
ajfa-4501	51	11	,	,	PUNCT
ajfa-4501	51	12	but	but	CCONJ
ajfa-4501	51	13	also	also	ADV
ajfa-4501	51	14	in	in	ADP
ajfa-4501	51	15	npos	npos	NOUN
ajfa-4501	51	16	.	.	PUNCT
ajfa-4501	52	1	the	the	DET
ajfa-4501	52	2	remainder	remainder	NOUN
ajfa-4501	52	3	of	of	ADP
ajfa-4501	52	4	this	this	DET
ajfa-4501	52	5	paper	paper	NOUN
ajfa-4501	52	6	is	be	AUX
ajfa-4501	52	7	organized	organize	VERB
ajfa-4501	52	8	into	into	ADP
ajfa-4501	52	9	four	four	NUM
ajfa-4501	52	10	sections	section	NOUN
ajfa-4501	52	11	.	.	PUNCT
ajfa-4501	53	1	section	section	NOUN
ajfa-4501	53	2	2	2	NUM
ajfa-4501	53	3	reviews	review	NOUN
ajfa-4501	53	4	related	relate	VERB
ajfa-4501	53	5	literature	literature	NOUN
ajfa-4501	54	1	and	and	CCONJ
ajfa-4501	54	2	develops	develop	VERB
ajfa-4501	54	3	the	the	DET
ajfa-4501	54	4	hypotheses	hypothesis	NOUN
ajfa-4501	54	5	.	.	PUNCT
ajfa-4501	55	1	section	section	NOUN
ajfa-4501	55	2	3	3	NUM
ajfa-4501	55	3	describes	describe	VERB
ajfa-4501	55	4	the	the	DET
ajfa-4501	55	5	sample	sample	NOUN
ajfa-4501	55	6	selection	selection	NOUN
ajfa-4501	55	7	and	and	CCONJ
ajfa-4501	55	8	empirical	empirical	ADJ
ajfa-4501	55	9	design	design	NOUN
ajfa-4501	55	10	.	.	PUNCT
ajfa-4501	56	1	section	section	NOUN
ajfa-4501	56	2	4	4	NUM
ajfa-4501	56	3	not	not	PART
ajfa-4501	56	4	only	only	ADV
ajfa-4501	56	5	shows	show	VERB
ajfa-4501	56	6	the	the	DET
ajfa-4501	56	7	empirical	empirical	ADJ
ajfa-4501	56	8	results	result	NOUN
ajfa-4501	56	9	but	but	CCONJ
ajfa-4501	56	10	also	also	ADV
ajfa-4501	56	11	contains	contain	VERB
ajfa-4501	56	12	sensitivity	sensitivity	NOUN
ajfa-4501	56	13	analyses	analysis	NOUN
ajfa-4501	56	14	to	to	PART
ajfa-4501	56	15	determine	determine	VERB
ajfa-4501	56	16	robustness	robustness	NOUN
ajfa-4501	56	17	of	of	ADP
ajfa-4501	56	18	the	the	DET
ajfa-4501	56	19	results	result	NOUN
ajfa-4501	56	20	to	to	ADP
ajfa-4501	56	21	alternative	alternative	ADJ
ajfa-4501	56	22	specifications	specification	NOUN
ajfa-4501	56	23	.	.	PUNCT
ajfa-4501	57	1	section	section	NOUN
ajfa-4501	57	2	5	5	NUM
ajfa-4501	57	3	provides	provide	VERB
ajfa-4501	57	4	a	a	DET
ajfa-4501	57	5	summary	summary	NOUN
ajfa-4501	57	6	and	and	CCONJ
ajfa-4501	57	7	conclusion	conclusion	NOUN
ajfa-4501	57	8	.	.	PUNCT
ajfa-4501	58	1	2	2	X
ajfa-4501	58	2	.	.	X
ajfa-4501	58	3	literature	literature	NOUN
ajfa-4501	58	4	review	review	PROPN
ajfa-4501	58	5	and	and	CCONJ
ajfa-4501	58	6	research	research	NOUN
ajfa-4501	58	7	hypotheses	hypothesis	NOUN
ajfa-4501	58	8	2.1	2.1	NUM
ajfa-4501	58	9	types	type	NOUN
ajfa-4501	58	10	of	of	ADP
ajfa-4501	58	11	tendering	tendering	NOUN
ajfa-4501	58	12	procedures	procedure	NOUN
ajfa-4501	58	13	the	the	DET
ajfa-4501	58	14	moe	moe	NOUN
ajfa-4501	58	15	,	,	PUNCT
ajfa-4501	58	16	in	in	ADP
ajfa-4501	58	17	order	order	NOUN
ajfa-4501	58	18	to	to	PART
ajfa-4501	58	19	promote	promote	VERB
ajfa-4501	58	20	auditor	auditor	NOUN
ajfa-4501	58	21	independence	independence	NOUN
ajfa-4501	58	22	,	,	PUNCT
ajfa-4501	58	23	encouraged	encourage	VERB
ajfa-4501	58	24	private	private	ADJ
ajfa-4501	58	25	school	school	NOUN
ajfa-4501	58	26	audits	audits	NOUN
ajfa-4501	58	27	by	by	ADP
ajfa-4501	58	28	auditors	auditor	NOUN
ajfa-4501	58	29	assigned	assign	VERB
ajfa-4501	58	30	by	by	ADP
ajfa-4501	58	31	the	the	DET
ajfa-4501	58	32	moe	moe	NOUN
ajfa-4501	58	33	.	.	PUNCT
ajfa-4501	59	1	as	as	SCONJ
ajfa-4501	59	2	shown	show	VERB
ajfa-4501	59	3	in	in	ADP
ajfa-4501	59	4	table	table	NOUN
ajfa-4501	59	5	1	1	NUM
ajfa-4501	59	6	,	,	PUNCT
ajfa-4501	59	7	during	during	ADP
ajfa-4501	59	8	the	the	DET
ajfa-4501	59	9	1997	1997	NUM
ajfa-4501	59	10	-	-	SYM
ajfa-4501	59	11	2000	2000	NUM
ajfa-4501	59	12	academic	academic	ADJ
ajfa-4501	59	13	years	year	NOUN
ajfa-4501	59	14	,	,	PUNCT
ajfa-4501	59	15	the	the	DET
ajfa-4501	59	16	right	right	NOUN
ajfa-4501	59	17	to	to	PART
ajfa-4501	59	18	appoint	appoint	VERB
ajfa-4501	59	19	auditors	auditor	NOUN
ajfa-4501	59	20	and	and	CCONJ
ajfa-4501	59	21	the	the	DET
ajfa-4501	59	22	responsibility	responsibility	NOUN
ajfa-4501	59	23	to	to	PART
ajfa-4501	59	24	pay	pay	VERB
ajfa-4501	59	25	for	for	ADP
ajfa-4501	59	26	audit	audit	NOUN
ajfa-4501	59	27	services	service	NOUN
ajfa-4501	59	28	was	be	AUX
ajfa-4501	59	29	left	leave	VERB
ajfa-4501	59	30	to	to	ADP
ajfa-4501	59	31	schools	school	NOUN
ajfa-4501	59	32	or	or	CCONJ
ajfa-4501	59	33	remained	remain	VERB
ajfa-4501	59	34	with	with	ADP
ajfa-4501	59	35	the	the	DET
ajfa-4501	59	36	moe	moe	NOUN
ajfa-4501	59	37	.	.	PUNCT
ajfa-4501	60	1	the	the	DET
ajfa-4501	60	2	moe	moe	NOUN
ajfa-4501	60	3	changed	change	VERB
ajfa-4501	60	4	the	the	DET
ajfa-4501	60	5	auditor	auditor	NOUN
ajfa-4501	60	6	selection	selection	NOUN
ajfa-4501	60	7	process	process	NOUN
ajfa-4501	60	8	to	to	PART
ajfa-4501	60	9	enhance	enhance	VERB
ajfa-4501	60	10	bidder	bidder	NOUN
ajfa-4501	60	11	qualifications	qualification	NOUN
ajfa-4501	60	12	,	,	PUNCT
ajfa-4501	60	13	following	follow	VERB
ajfa-4501	60	14	the	the	DET
ajfa-4501	60	15	biggest	big	ADJ
ajfa-4501	60	16	educational	educational	ADJ
ajfa-4501	60	17	scandal	scandal	NOUN
ajfa-4501	60	18	in	in	ADP
ajfa-4501	60	19	2000	2000	NUM
ajfa-4501	60	20	.	.	PUNCT
ajfa-4501	61	1	as	as	ADP
ajfa-4501	61	2	a	a	DET
ajfa-4501	61	3	result	result	NOUN
ajfa-4501	61	4	,	,	PUNCT
ajfa-4501	61	5	the	the	DET
ajfa-4501	61	6	moe	moe	NOUN
ajfa-4501	61	7	selected	select	VERB
ajfa-4501	61	8	auditors	auditor	NOUN
ajfa-4501	61	9	through	through	ADP
ajfa-4501	61	10	tendering	tendering	NOUN
ajfa-4501	61	11	procedures	procedure	NOUN
ajfa-4501	61	12	,	,	PUNCT
ajfa-4501	61	13	and	and	CCONJ
ajfa-4501	61	14	was	be	AUX
ajfa-4501	61	15	responsible	responsible	ADJ
ajfa-4501	61	16	for	for	ADP
ajfa-4501	61	17	audit	audit	NOUN
ajfa-4501	61	18	fees	fee	NOUN
ajfa-4501	61	19	from	from	ADP
ajfa-4501	61	20	2001	2001	NUM
ajfa-4501	61	21	to	to	ADP
ajfa-4501	61	22	2003	2003	NUM
ajfa-4501	61	23	.	.	PUNCT
ajfa-4501	62	1	since	since	SCONJ
ajfa-4501	62	2	such	such	ADJ
ajfa-4501	62	3	practices	practice	NOUN
ajfa-4501	62	4	represented	represent	VERB
ajfa-4501	62	5	different	different	ADJ
ajfa-4501	62	6	cost	cost	NOUN
ajfa-4501	62	7	expenses	expense	NOUN
ajfa-4501	62	8	,	,	PUNCT
ajfa-4501	62	9	this	this	DET
ajfa-4501	62	10	study	study	NOUN
ajfa-4501	62	11	sampled	sample	VERB
ajfa-4501	62	12	data	datum	NOUN
ajfa-4501	62	13	adopted	adopt	VERB
ajfa-4501	62	14	from	from	ADP
ajfa-4501	62	15	2001	2001	NUM
ajfa-4501	62	16	-	-	SYM
ajfa-4501	62	17	2003	2003	NUM
ajfa-4501	62	18	to	to	PART
ajfa-4501	62	19	study	study	VERB
ajfa-4501	62	20	the	the	DET
ajfa-4501	62	21	effects	effect	NOUN
ajfa-4501	62	22	of	of	ADP
ajfa-4501	62	23	different	different	ADJ
ajfa-4501	62	24	tendering	tendering	NOUN
ajfa-4501	62	25	procedures	procedure	NOUN
ajfa-4501	62	26	on	on	ADP
ajfa-4501	62	27	audit	audit	NOUN
ajfa-4501	62	28	fees	fee	NOUN
ajfa-4501	62	29	.	.	PUNCT
ajfa-4501	63	1	asian	asian	ADJ
ajfa-4501	63	2	journal	journal	PROPN
ajfa-4501	63	3	of	of	ADP
ajfa-4501	63	4	finance	finance	PROPN
ajfa-4501	63	5	&	&	CCONJ
ajfa-4501	63	6	accounting	accounting	PROPN
ajfa-4501	63	7	issn	issn	PROPN
ajfa-4501	63	8	1946	1946	NUM
ajfa-4501	63	9	-	-	PUNCT
ajfa-4501	63	10	052x	052x	NOUN
ajfa-4501	63	11	2013	2013	NUM
ajfa-4501	63	12	,	,	PUNCT
ajfa-4501	63	13	vol	vol	NOUN
ajfa-4501	63	14	.	.	PROPN
ajfa-4501	63	15	5	5	NUM
ajfa-4501	63	16	,	,	PUNCT
ajfa-4501	63	17	no	no	INTJ
ajfa-4501	63	18	.	.	NOUN
ajfa-4501	63	19	2	2	NUM
ajfa-4501	63	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-4501	63	21	308	308	NUM
ajfa-4501	63	22	table	table	NOUN
ajfa-4501	63	23	1	1	NUM
ajfa-4501	63	24	.	.	PUNCT
ajfa-4501	63	25	audit	audit	NOUN
ajfa-4501	63	26	selector	selector	NOUN
ajfa-4501	63	27	and	and	CCONJ
ajfa-4501	63	28	responsible	responsible	ADJ
ajfa-4501	63	29	party	party	NOUN
ajfa-4501	63	30	for	for	ADP
ajfa-4501	63	31	paying	pay	VERB
ajfa-4501	63	32	audit	audit	NOUN
ajfa-4501	63	33	fees	fee	NOUN
ajfa-4501	63	34	academic	academic	ADJ
ajfa-4501	63	35	year	year	NOUN
ajfa-4501	63	36	3	3	NUM
ajfa-4501	63	37	auditor	auditor	NOUN
ajfa-4501	63	38	selector	selector	NOUN
ajfa-4501	63	39	responsible	responsible	ADJ
ajfa-4501	63	40	party	party	NOUN
ajfa-4501	63	41	for	for	ADP
ajfa-4501	63	42	paying	pay	VERB
ajfa-4501	63	43	audit	audit	NOUN
ajfa-4501	63	44	fees	fee	NOUN
ajfa-4501	63	45	1992	1992	NUM
ajfa-4501	63	46	private	private	ADJ
ajfa-4501	63	47	universities	university	NOUN
ajfa-4501	63	48	and	and	CCONJ
ajfa-4501	63	49	colleges	college	NOUN
ajfa-4501	63	50	private	private	ADJ
ajfa-4501	63	51	universities	university	NOUN
ajfa-4501	63	52	and	and	CCONJ
ajfa-4501	63	53	colleges	college	NOUN
ajfa-4501	63	54	1995	1995	NUM
ajfa-4501	63	55	private	private	ADJ
ajfa-4501	63	56	universities	university	NOUN
ajfa-4501	63	57	and	and	CCONJ
ajfa-4501	63	58	colleges	college	NOUN
ajfa-4501	63	59	half	half	NOUN
ajfa-4501	63	60	of	of	ADP
ajfa-4501	63	61	the	the	DET
ajfa-4501	63	62	audit	audit	NOUN
ajfa-4501	63	63	fees	fee	NOUN
ajfa-4501	63	64	was	be	AUX
ajfa-4501	63	65	subsidized	subsidize	VERB
ajfa-4501	63	66	by	by	ADP
ajfa-4501	63	67	the	the	DET
ajfa-4501	63	68	moe	moe	NOUN
ajfa-4501	63	69	1997	1997	NUM
ajfa-4501	63	70	1.private	1.private	NUM
ajfa-4501	63	71	universities	university	NOUN
ajfa-4501	63	72	and	and	CCONJ
ajfa-4501	63	73	colleges	college	NOUN
ajfa-4501	63	74	,	,	PUNCT
ajfa-4501	63	75	or	or	CCONJ
ajfa-4501	63	76	2.assigned	2.assigned	NUM
ajfa-4501	63	77	by	by	ADP
ajfa-4501	63	78	the	the	DET
ajfa-4501	63	79	moe	moe	NOUN
ajfa-4501	63	80	1.private	1.private	NUM
ajfa-4501	63	81	universities	university	NOUN
ajfa-4501	63	82	and	and	CCONJ
ajfa-4501	63	83	colleges	college	NOUN
ajfa-4501	63	84	,	,	PUNCT
ajfa-4501	63	85	or	or	CCONJ
ajfa-4501	63	86	2.the	2.the	DET
ajfa-4501	63	87	moe	moe	NOUN
ajfa-4501	63	88	when	when	SCONJ
ajfa-4501	63	89	cpa	cpa	PROPN
ajfa-4501	63	90	was	be	AUX
ajfa-4501	63	91	assigned	assign	VERB
ajfa-4501	63	92	by	by	ADP
ajfa-4501	63	93	the	the	DET
ajfa-4501	63	94	moe	moe	NOUN
ajfa-4501	63	95	2001	2001	NUM
ajfa-4501	63	96	the	the	DET
ajfa-4501	63	97	moe	moe	NOUN
ajfa-4501	63	98	entrusted	entrust	VERB
ajfa-4501	63	99	the	the	DET
ajfa-4501	63	100	special	special	ADJ
ajfa-4501	63	101	case	case	NOUN
ajfa-4501	63	102	to	to	PART
ajfa-4501	63	103	audit	audit	VERB
ajfa-4501	63	104	(	(	PUNCT
ajfa-4501	63	105	open	open	ADJ
ajfa-4501	63	106	tendering	tendering	NOUN
ajfa-4501	63	107	procedure	procedure	NOUN
ajfa-4501	63	108	)	)	PUNCT
ajfa-4501	63	109	the	the	DET
ajfa-4501	63	110	moe	moe	NOUN
ajfa-4501	63	111	2003	2003	NUM
ajfa-4501	63	112	the	the	DET
ajfa-4501	63	113	moe	moe	NOUN
ajfa-4501	63	114	entrusted	entrust	VERB
ajfa-4501	63	115	the	the	DET
ajfa-4501	63	116	special	special	ADJ
ajfa-4501	63	117	case	case	NOUN
ajfa-4501	63	118	to	to	PART
ajfa-4501	63	119	audit	audit	VERB
ajfa-4501	63	120	(	(	PUNCT
ajfa-4501	63	121	limited	limited	ADJ
ajfa-4501	63	122	tendering	tendering	NOUN
ajfa-4501	63	123	procedure	procedure	NOUN
ajfa-4501	63	124	)	)	PUNCT
ajfa-4501	63	125	the	the	DET
ajfa-4501	63	126	moe	moe	NOUN
ajfa-4501	63	127	2004	2004	NUM
ajfa-4501	63	128	private	private	ADJ
ajfa-4501	63	129	universities	university	NOUN
ajfa-4501	63	130	and	and	CCONJ
ajfa-4501	63	131	colleges	college	NOUN
ajfa-4501	63	132	private	private	ADJ
ajfa-4501	63	133	universities	university	NOUN
ajfa-4501	63	134	and	and	CCONJ
ajfa-4501	63	135	colleges	college	NOUN
ajfa-4501	63	136	regulators	regulator	NOUN
ajfa-4501	63	137	in	in	ADP
ajfa-4501	63	138	many	many	ADJ
ajfa-4501	63	139	countries	country	NOUN
ajfa-4501	63	140	have	have	AUX
ajfa-4501	63	141	recently	recently	ADV
ajfa-4501	63	142	taken	take	VERB
ajfa-4501	63	143	initiatives	initiative	NOUN
ajfa-4501	63	144	to	to	PART
ajfa-4501	63	145	enhance	enhance	VERB
ajfa-4501	63	146	competition	competition	NOUN
ajfa-4501	63	147	in	in	ADP
ajfa-4501	63	148	the	the	DET
ajfa-4501	63	149	audit	audit	NOUN
ajfa-4501	63	150	market	market	NOUN
ajfa-4501	63	151	.	.	PUNCT
ajfa-4501	64	1	changes	change	NOUN
ajfa-4501	64	2	to	to	ADP
ajfa-4501	64	3	government	government	NOUN
ajfa-4501	64	4	regulations	regulation	NOUN
ajfa-4501	64	5	may	may	AUX
ajfa-4501	64	6	provide	provide	VERB
ajfa-4501	64	7	the	the	DET
ajfa-4501	64	8	external	external	ADJ
ajfa-4501	64	9	impetus	impetus	NOUN
ajfa-4501	64	10	necessary	necessary	ADJ
ajfa-4501	64	11	to	to	PART
ajfa-4501	64	12	alter	alter	VERB
ajfa-4501	64	13	the	the	DET
ajfa-4501	64	14	underlying	underlie	VERB
ajfa-4501	64	15	competitive	competitive	ADJ
ajfa-4501	64	16	environment	environment	NOUN
ajfa-4501	64	17	.	.	PUNCT
ajfa-4501	65	1	these	these	DET
ajfa-4501	65	2	changes	change	NOUN
ajfa-4501	65	3	can	can	AUX
ajfa-4501	65	4	affect	affect	VERB
ajfa-4501	65	5	audit	audit	NOUN
ajfa-4501	65	6	fees	fee	NOUN
ajfa-4501	65	7	.	.	PUNCT
ajfa-4501	66	1	maher	maher	PROPN
ajfa-4501	66	2	et	et	PROPN
ajfa-4501	66	3	al	al	PROPN
ajfa-4501	66	4	.	.	PROPN
ajfa-4501	67	1	(	(	PUNCT
ajfa-4501	67	2	1992	1992	NUM
ajfa-4501	67	3	)	)	PUNCT
ajfa-4501	67	4	report	report	VERB
ajfa-4501	67	5	a	a	DET
ajfa-4501	67	6	decline	decline	NOUN
ajfa-4501	67	7	in	in	ADP
ajfa-4501	67	8	audit	audit	NOUN
ajfa-4501	67	9	fees	fee	NOUN
ajfa-4501	67	10	resulting	result	VERB
ajfa-4501	67	11	from	from	ADP
ajfa-4501	67	12	deregulation	deregulation	NOUN
ajfa-4501	67	13	from	from	ADP
ajfa-4501	67	14	1977	1977	NUM
ajfa-4501	67	15	to	to	ADP
ajfa-4501	67	16	1981	1981	NUM
ajfa-4501	67	17	in	in	ADP
ajfa-4501	67	18	a	a	DET
ajfa-4501	67	19	study	study	NOUN
ajfa-4501	67	20	of	of	ADP
ajfa-4501	67	21	seventy	seventy	NUM
ajfa-4501	67	22	-	-	PUNCT
ajfa-4501	67	23	eight	eight	NUM
ajfa-4501	67	24	audits	audits	NOUN
ajfa-4501	67	25	.	.	PUNCT
ajfa-4501	68	1	sanders	sanders	PROPN
ajfa-4501	68	2	et	et	PROPN
ajfa-4501	68	3	al	al	PROPN
ajfa-4501	68	4	.	.	PROPN
ajfa-4501	69	1	(	(	PUNCT
ajfa-4501	69	2	1995	1995	NUM
ajfa-4501	69	3	)	)	PUNCT
ajfa-4501	69	4	find	find	VERB
ajfa-4501	69	5	a	a	DET
ajfa-4501	69	6	similar	similar	ADJ
ajfa-4501	69	7	decline	decline	NOUN
ajfa-4501	69	8	in	in	ADP
ajfa-4501	69	9	audit	audit	NOUN
ajfa-4501	69	10	fees	fee	NOUN
ajfa-4501	69	11	from	from	ADP
ajfa-4501	69	12	1985	1985	NUM
ajfa-4501	69	13	to	to	ADP
ajfa-4501	69	14	1989	1989	NUM
ajfa-4501	69	15	in	in	ADP
ajfa-4501	69	16	a	a	DET
ajfa-4501	69	17	study	study	NOUN
ajfa-4501	69	18	of	of	ADP
ajfa-4501	69	19	159	159	NUM
ajfa-4501	69	20	municipal	municipal	ADJ
ajfa-4501	69	21	audits	audits	NOUN
ajfa-4501	69	22	.	.	PUNCT
ajfa-4501	70	1	their	their	PRON
ajfa-4501	70	2	results	result	NOUN
ajfa-4501	70	3	support	support	VERB
ajfa-4501	70	4	the	the	DET
ajfa-4501	70	5	argument	argument	NOUN
ajfa-4501	70	6	that	that	SCONJ
ajfa-4501	70	7	deregulation	deregulation	NOUN
ajfa-4501	70	8	may	may	AUX
ajfa-4501	70	9	enhance	enhance	VERB
ajfa-4501	70	10	competition	competition	NOUN
ajfa-4501	70	11	in	in	ADP
ajfa-4501	70	12	the	the	DET
ajfa-4501	70	13	audit	audit	NOUN
ajfa-4501	70	14	market	market	NOUN
ajfa-4501	70	15	and	and	CCONJ
ajfa-4501	70	16	result	result	VERB
ajfa-4501	70	17	in	in	ADP
ajfa-4501	70	18	a	a	DET
ajfa-4501	70	19	decline	decline	NOUN
ajfa-4501	70	20	in	in	ADP
ajfa-4501	70	21	audit	audit	NOUN
ajfa-4501	70	22	fees	fee	NOUN
ajfa-4501	70	23	.	.	PUNCT
ajfa-4501	71	1	that	that	PRON
ajfa-4501	71	2	is	be	AUX
ajfa-4501	71	3	,	,	PUNCT
ajfa-4501	71	4	audit	audit	NOUN
ajfa-4501	71	5	fees	fee	NOUN
ajfa-4501	71	6	under	under	ADP
ajfa-4501	71	7	regulation	regulation	NOUN
ajfa-4501	71	8	will	will	AUX
ajfa-4501	71	9	be	be	AUX
ajfa-4501	71	10	higher	high	ADJ
ajfa-4501	71	11	.	.	PUNCT
ajfa-4501	72	1	hackenbrack	hackenbrack	VERB
ajfa-4501	72	2	et	et	PROPN
ajfa-4501	72	3	al	al	PROPN
ajfa-4501	72	4	.	.	PROPN
ajfa-4501	73	1	(	(	PUNCT
ajfa-4501	73	2	2000	2000	NUM
ajfa-4501	73	3	)	)	PUNCT
ajfa-4501	73	4	examine	examine	VERB
ajfa-4501	73	5	the	the	DET
ajfa-4501	73	6	price	price	NOUN
ajfa-4501	73	7	and	and	CCONJ
ajfa-4501	73	8	quality	quality	NOUN
ajfa-4501	73	9	effects	effect	NOUN
ajfa-4501	73	10	of	of	ADP
ajfa-4501	73	11	an	an	DET
ajfa-4501	73	12	unusual	unusual	ADJ
ajfa-4501	73	13	state	state	NOUN
ajfa-4501	73	14	-	-	PUNCT
ajfa-4501	73	15	mandated	mandate	VERB
ajfa-4501	73	16	market	market	NOUN
ajfa-4501	73	17	restriction	restriction	NOUN
ajfa-4501	73	18	that	that	PRON
ajfa-4501	73	19	required	require	VERB
ajfa-4501	73	20	nonprice	nonprice	NOUN
ajfa-4501	73	21	competition	competition	NOUN
ajfa-4501	73	22	and	and	CCONJ
ajfa-4501	73	23	prohibited	prohibit	VERB
ajfa-4501	73	24	price	price	NOUN
ajfa-4501	73	25	competition	competition	NOUN
ajfa-4501	73	26	among	among	ADP
ajfa-4501	73	27	auditors	auditor	NOUN
ajfa-4501	73	28	.	.	PUNCT
ajfa-4501	74	1	they	they	PRON
ajfa-4501	74	2	document	document	VERB
ajfa-4501	74	3	that	that	SCONJ
ajfa-4501	74	4	municipalities	municipality	NOUN
ajfa-4501	74	5	covered	cover	VERB
ajfa-4501	74	6	by	by	ADP
ajfa-4501	74	7	the	the	DET
ajfa-4501	74	8	statute	statute	NOUN
ajfa-4501	74	9	paid	pay	VERB
ajfa-4501	74	10	higher	high	ADJ
ajfa-4501	74	11	audit	audit	NOUN
ajfa-4501	74	12	fees	fee	NOUN
ajfa-4501	74	13	.	.	PUNCT
ajfa-4501	75	1	the	the	DET
ajfa-4501	75	2	moe	moe	NOUN
ajfa-4501	75	3	entrusted	entrust	VERB
ajfa-4501	75	4	auditors	auditor	NOUN
ajfa-4501	75	5	to	to	PART
ajfa-4501	75	6	audit	audit	VERB
ajfa-4501	75	7	the	the	DET
ajfa-4501	75	8	special	special	ADJ
ajfa-4501	75	9	case	case	NOUN
ajfa-4501	75	10	after	after	ADP
ajfa-4501	75	11	examining	examine	VERB
ajfa-4501	75	12	bidder	bidder	NOUN
ajfa-4501	75	13	qualifications	qualification	NOUN
ajfa-4501	75	14	under	under	ADP
ajfa-4501	75	15	a	a	DET
ajfa-4501	75	16	limited	limited	ADJ
ajfa-4501	75	17	tendering	tendering	NOUN
ajfa-4501	75	18	procedure	procedure	NOUN
ajfa-4501	75	19	.	.	PUNCT
ajfa-4501	76	1	this	this	DET
ajfa-4501	76	2	study	study	NOUN
ajfa-4501	76	3	expects	expect	VERB
ajfa-4501	76	4	that	that	SCONJ
ajfa-4501	76	5	audit	audit	NOUN
ajfa-4501	76	6	fees	fee	NOUN
ajfa-4501	76	7	under	under	ADP
ajfa-4501	76	8	limited	limited	ADJ
ajfa-4501	76	9	tendering	tendering	NOUN
ajfa-4501	76	10	procedure	procedure	NOUN
ajfa-4501	76	11	will	will	AUX
ajfa-4501	76	12	be	be	AUX
ajfa-4501	76	13	higher	high	ADJ
ajfa-4501	76	14	and	and	CCONJ
ajfa-4501	76	15	develops	develop	VERB
ajfa-4501	76	16	the	the	DET
ajfa-4501	76	17	following	follow	VERB
ajfa-4501	76	18	hypothesis	hypothesis	NOUN
ajfa-4501	76	19	:	:	PUNCT
ajfa-4501	76	20	h1	h1	NOUN
ajfa-4501	76	21	:	:	PUNCT
ajfa-4501	76	22	ceteris	ceteris	NOUN
ajfa-4501	76	23	paribus	paribus	NOUN
ajfa-4501	76	24	,	,	PUNCT
ajfa-4501	76	25	audit	audit	NOUN
ajfa-4501	76	26	fees	fee	NOUN
ajfa-4501	76	27	under	under	ADP
ajfa-4501	76	28	limited	limited	ADJ
ajfa-4501	76	29	tendering	tendering	NOUN
ajfa-4501	76	30	procedures	procedure	NOUN
ajfa-4501	76	31	will	will	AUX
ajfa-4501	76	32	be	be	AUX
ajfa-4501	76	33	higher	high	ADJ
ajfa-4501	76	34	than	than	ADP
ajfa-4501	76	35	those	those	PRON
ajfa-4501	76	36	under	under	ADP
ajfa-4501	76	37	open	open	ADJ
ajfa-4501	76	38	tendering	tendering	NOUN
ajfa-4501	76	39	procedures	procedure	NOUN
ajfa-4501	76	40	.	.	PUNCT
ajfa-4501	77	1	2.2	2.2	NUM
ajfa-4501	77	2	auditor	auditor	NOUN
ajfa-4501	77	3	brand	brand	NOUN
ajfa-4501	77	4	name	name	NOUN
ajfa-4501	77	5	reputation	reputation	NOUN
ajfa-4501	77	6	according	accord	VERB
ajfa-4501	77	7	to	to	ADP
ajfa-4501	77	8	the	the	DET
ajfa-4501	77	9	product	product	NOUN
ajfa-4501	77	10	differentiation	differentiation	NOUN
ajfa-4501	77	11	economic	economic	ADJ
ajfa-4501	77	12	theory	theory	NOUN
ajfa-4501	77	13	(	(	PUNCT
ajfa-4501	77	14	klein	klein	PROPN
ajfa-4501	77	15	and	and	CCONJ
ajfa-4501	77	16	leffler	leffler	NOUN
ajfa-4501	77	17	,	,	PUNCT
ajfa-4501	77	18	1981	1981	NUM
ajfa-4501	77	19	;	;	PUNCT
ajfa-4501	77	20	shapior	shapior	ADJ
ajfa-4501	77	21	,	,	PUNCT
ajfa-4501	77	22	1983	1983	NUM
ajfa-4501	77	23	)	)	PUNCT
ajfa-4501	77	24	,	,	PUNCT
ajfa-4501	77	25	large	large	ADJ
ajfa-4501	77	26	audit	audit	NOUN
ajfa-4501	77	27	firms	firm	NOUN
ajfa-4501	77	28	investing	invest	VERB
ajfa-4501	77	29	in	in	ADP
ajfa-4501	77	30	brand	brand	NOUN
ajfa-4501	77	31	name	name	NOUN
ajfa-4501	77	32	for	for	ADP
ajfa-4501	77	33	better	well	ADJ
ajfa-4501	77	34	audit	audit	NOUN
ajfa-4501	77	35	quality	quality	NOUN
ajfa-4501	77	36	positively	positively	ADV
ajfa-4501	77	37	relates	relate	VERB
ajfa-4501	77	38	to	to	ADP
ajfa-4501	77	39	higher	high	ADJ
ajfa-4501	77	40	audit	audit	NOUN
ajfa-4501	77	41	fees	fee	NOUN
ajfa-4501	77	42	in	in	ADP
ajfa-4501	77	43	competitive	competitive	ADJ
ajfa-4501	77	44	markets	market	NOUN
ajfa-4501	77	45	.	.	PUNCT
ajfa-4501	78	1	the	the	DET
ajfa-4501	78	2	demand	demand	NOUN
ajfa-4501	78	3	for	for	ADP
ajfa-4501	78	4	audit	audit	NOUN
ajfa-4501	78	5	quality	quality	NOUN
ajfa-4501	78	6	differentiation	differentiation	NOUN
ajfa-4501	78	7	can	can	AUX
ajfa-4501	78	8	be	be	AUX
ajfa-4501	78	9	explained	explain	VERB
ajfa-4501	78	10	as	as	ADP
ajfa-4501	78	11	agent	agent	NOUN
ajfa-4501	78	12	/	/	SYM
ajfa-4501	78	13	contract	contract	NOUN
ajfa-4501	78	14	cost	cost	NOUN
ajfa-4501	78	15	(	(	PUNCT
ajfa-4501	78	16	simunic	simunic	PROPN
ajfa-4501	78	17	and	and	CCONJ
ajfa-4501	78	18	stein	stein	PROPN
ajfa-4501	78	19	,	,	PUNCT
ajfa-4501	78	20	1987	1987	NUM
ajfa-4501	78	21	;	;	PUNCT
ajfa-4501	78	22	watts	watts	PROPN
ajfa-4501	78	23	and	and	CCONJ
ajfa-4501	78	24	zimmerman	zimmerman	PROPN
ajfa-4501	78	25	,	,	PUNCT
ajfa-4501	78	26	1986	1986	NUM
ajfa-4501	78	27	)	)	PUNCT
ajfa-4501	78	28	.	.	PUNCT
ajfa-4501	79	1	higher	high	ADJ
ajfa-4501	79	2	audit	audit	NOUN
ajfa-4501	79	3	fees	fee	NOUN
ajfa-4501	79	4	might	might	AUX
ajfa-4501	79	5	result	result	VERB
ajfa-4501	79	6	when	when	SCONJ
ajfa-4501	79	7	firms	firm	NOUN
ajfa-4501	79	8	recognize	recognize	VERB
ajfa-4501	79	9	an	an	DET
ajfa-4501	79	10	auditor	auditor	NOUN
ajfa-4501	79	11	to	to	PART
ajfa-4501	79	12	be	be	AUX
ajfa-4501	79	13	of	of	ADP
ajfa-4501	79	14	superior	superior	ADJ
ajfa-4501	79	15	quality	quality	NOUN
ajfa-4501	79	16	to	to	ADP
ajfa-4501	79	17	other	other	ADJ
ajfa-4501	79	18	firms	firm	NOUN
ajfa-4501	79	19	.	.	PUNCT
ajfa-4501	80	1	if	if	SCONJ
ajfa-4501	80	2	firms	firm	NOUN
ajfa-4501	80	3	perceive	perceive	VERB
ajfa-4501	80	4	auditors	auditor	NOUN
ajfa-4501	80	5	as	as	ADP
ajfa-4501	80	6	providing	provide	VERB
ajfa-4501	80	7	different	different	ADJ
ajfa-4501	80	8	quality	quality	NOUN
ajfa-4501	80	9	services	service	NOUN
ajfa-4501	80	10	,	,	PUNCT
ajfa-4501	80	11	some	some	DET
ajfa-4501	80	12	clients	client	NOUN
ajfa-4501	80	13	asian	asian	ADJ
ajfa-4501	80	14	journal	journal	NOUN
ajfa-4501	80	15	of	of	ADP
ajfa-4501	80	16	finance	finance	PROPN
ajfa-4501	80	17	&	&	CCONJ
ajfa-4501	80	18	accounting	accounting	PROPN
ajfa-4501	80	19	issn	issn	PROPN
ajfa-4501	80	20	1946	1946	NUM
ajfa-4501	80	21	-	-	PUNCT
ajfa-4501	80	22	052x	052x	NOUN
ajfa-4501	80	23	2013	2013	NUM
ajfa-4501	80	24	,	,	PUNCT
ajfa-4501	80	25	vol	vol	NOUN
ajfa-4501	80	26	.	.	PROPN
ajfa-4501	80	27	5	5	NUM
ajfa-4501	80	28	,	,	PUNCT
ajfa-4501	80	29	no	no	INTJ
ajfa-4501	80	30	.	.	NOUN
ajfa-4501	80	31	2	2	NUM
ajfa-4501	80	32	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-4501	80	33	309	309	NUM
ajfa-4501	80	34	may	may	AUX
ajfa-4501	80	35	demand	demand	VERB
ajfa-4501	80	36	,	,	PUNCT
ajfa-4501	80	37	and	and	CCONJ
ajfa-4501	80	38	be	be	AUX
ajfa-4501	80	39	willing	willing	ADJ
ajfa-4501	80	40	to	to	PART
ajfa-4501	80	41	pay	pay	VERB
ajfa-4501	80	42	more	more	ADJ
ajfa-4501	80	43	for	for	ADP
ajfa-4501	80	44	,	,	PUNCT
ajfa-4501	80	45	higher	high	ADJ
ajfa-4501	80	46	quality	quality	NOUN
ajfa-4501	80	47	(	(	PUNCT
ajfa-4501	80	48	hay	hay	PROPN
ajfa-4501	80	49	et	et	PROPN
ajfa-4501	80	50	al	al	PROPN
ajfa-4501	80	51	.	.	PROPN
ajfa-4501	80	52	,	,	PUNCT
ajfa-4501	80	53	2006	2006	NUM
ajfa-4501	80	54	)	)	PUNCT
ajfa-4501	80	55	.	.	PUNCT
ajfa-4501	81	1	researchers	researcher	NOUN
ajfa-4501	81	2	have	have	AUX
ajfa-4501	81	3	attempted	attempt	VERB
ajfa-4501	81	4	to	to	PART
ajfa-4501	81	5	use	use	VERB
ajfa-4501	81	6	a	a	DET
ajfa-4501	81	7	large	large	ADJ
ajfa-4501	81	8	number	number	NOUN
ajfa-4501	81	9	of	of	ADP
ajfa-4501	81	10	different	different	ADJ
ajfa-4501	81	11	proxy	proxy	NOUN
ajfa-4501	81	12	variables	variable	NOUN
ajfa-4501	81	13	to	to	PART
ajfa-4501	81	14	represent	represent	VERB
ajfa-4501	81	15	audit	audit	NOUN
ajfa-4501	81	16	quality	quality	NOUN
ajfa-4501	81	17	but	but	CCONJ
ajfa-4501	81	18	the	the	DET
ajfa-4501	81	19	four	four	NUM
ajfa-4501	81	20	that	that	PRON
ajfa-4501	81	21	are	be	AUX
ajfa-4501	81	22	most	most	ADV
ajfa-4501	81	23	common	common	ADJ
ajfa-4501	81	24	are	be	AUX
ajfa-4501	81	25	dummy	dummy	ADJ
ajfa-4501	81	26	variables	variable	NOUN
ajfa-4501	81	27	for	for	ADP
ajfa-4501	81	28	firms	firm	NOUN
ajfa-4501	81	29	classified	classify	VERB
ajfa-4501	81	30	as	as	ADP
ajfa-4501	81	31	being	be	AUX
ajfa-4501	81	32	in	in	ADP
ajfa-4501	81	33	the	the	DET
ajfa-4501	81	34	big	big	ADJ
ajfa-4501	81	35	8/6/5/4	8/6/5/4	PROPN
ajfa-4501	81	36	.	.	PUNCT
ajfa-4501	82	1	for	for	ADP
ajfa-4501	82	2	example	example	NOUN
ajfa-4501	82	3	,	,	PUNCT
ajfa-4501	82	4	in	in	ADP
ajfa-4501	82	5	the	the	DET
ajfa-4501	82	6	us	us	PROPN
ajfa-4501	82	7	audit	audit	NOUN
ajfa-4501	82	8	market	market	NOUN
ajfa-4501	82	9	,	,	PUNCT
ajfa-4501	82	10	francis	francis	PROPN
ajfa-4501	82	11	and	and	CCONJ
ajfa-4501	82	12	simon	simon	PROPN
ajfa-4501	82	13	(	(	PUNCT
ajfa-4501	82	14	1987	1987	NUM
ajfa-4501	82	15	)	)	PUNCT
ajfa-4501	82	16	find	find	VERB
ajfa-4501	82	17	an	an	DET
ajfa-4501	82	18	auditor	auditor	NOUN
ajfa-4501	82	19	brand	brand	NOUN
ajfa-4501	82	20	name	name	NOUN
ajfa-4501	82	21	premium	premium	NOUN
ajfa-4501	82	22	.	.	PUNCT
ajfa-4501	83	1	using	use	VERB
ajfa-4501	83	2	uk	uk	PROPN
ajfa-4501	83	3	data	data	PROPN
ajfa-4501	83	4	,	,	PUNCT
ajfa-4501	83	5	chan	chan	PROPN
ajfa-4501	83	6	et	et	PROPN
ajfa-4501	83	7	al	al	PROPN
ajfa-4501	83	8	.	.	PROPN
ajfa-4501	84	1	(	(	PUNCT
ajfa-4501	84	2	1993	1993	NUM
ajfa-4501	84	3	)	)	PUNCT
ajfa-4501	84	4	,	,	PUNCT
ajfa-4501	84	5	pong	pong	NOUN
ajfa-4501	84	6	and	and	CCONJ
ajfa-4501	84	7	whittington	whittington	PROPN
ajfa-4501	84	8	(	(	PUNCT
ajfa-4501	84	9	1994	1994	NUM
ajfa-4501	84	10	)	)	PUNCT
ajfa-4501	84	11	,	,	PUNCT
ajfa-4501	84	12	and	and	CCONJ
ajfa-4501	84	13	mcmeeking	mcmeeke	VERB
ajfa-4501	84	14	et	et	PROPN
ajfa-4501	84	15	al	al	PROPN
ajfa-4501	84	16	.	.	PROPN
ajfa-4501	85	1	(	(	PUNCT
ajfa-4501	85	2	2006	2006	NUM
ajfa-4501	85	3	)	)	PUNCT
ajfa-4501	85	4	provide	provide	VERB
ajfa-4501	85	5	evidence	evidence	NOUN
ajfa-4501	85	6	supporting	support	VERB
ajfa-4501	85	7	brand	brand	NOUN
ajfa-4501	85	8	name	name	NOUN
ajfa-4501	85	9	premium	premium	NOUN
ajfa-4501	85	10	.	.	PUNCT
ajfa-4501	86	1	francis	francis	PROPN
ajfa-4501	86	2	(	(	PUNCT
ajfa-4501	86	3	1984	1984	NUM
ajfa-4501	86	4	)	)	PUNCT
ajfa-4501	86	5	,	,	PUNCT
ajfa-4501	86	6	defond	defond	VERB
ajfa-4501	86	7	et	et	PROPN
ajfa-4501	86	8	al	al	PROPN
ajfa-4501	86	9	.	.	PROPN
ajfa-4501	87	1	(	(	PUNCT
ajfa-4501	87	2	2000	2000	NUM
ajfa-4501	87	3	)	)	PUNCT
ajfa-4501	87	4	find	find	VERB
ajfa-4501	87	5	existing	exist	VERB
ajfa-4501	87	6	brand	brand	NOUN
ajfa-4501	87	7	name	name	NOUN
ajfa-4501	87	8	premiums	premium	NOUN
ajfa-4501	87	9	in	in	ADP
ajfa-4501	87	10	australia	australia	PROPN
ajfa-4501	87	11	,	,	PUNCT
ajfa-4501	87	12	new	new	PROPN
ajfa-4501	87	13	zealand	zealand	PROPN
ajfa-4501	87	14	,	,	PUNCT
ajfa-4501	87	15	and	and	CCONJ
ajfa-4501	87	16	hong	hong	PROPN
ajfa-4501	87	17	kong	kong	PROPN
ajfa-4501	87	18	,	,	PUNCT
ajfa-4501	87	19	respectively	respectively	ADV
ajfa-4501	87	20	.	.	PUNCT
ajfa-4501	88	1	craswell	craswell	INTJ
ajfa-4501	88	2	et	et	PROPN
ajfa-4501	88	3	al	al	PROPN
ajfa-4501	88	4	.	.	PROPN
ajfa-4501	89	1	(	(	PUNCT
ajfa-4501	89	2	1995	1995	NUM
ajfa-4501	89	3	)	)	PUNCT
ajfa-4501	89	4	examine	examine	VERB
ajfa-4501	89	5	audit	audit	NOUN
ajfa-4501	89	6	revenue	revenue	NOUN
ajfa-4501	89	7	premiums	premium	NOUN
ajfa-4501	89	8	received	receive	VERB
ajfa-4501	89	9	by	by	ADP
ajfa-4501	89	10	the	the	DET
ajfa-4501	89	11	big	big	ADJ
ajfa-4501	89	12	8	8	NUM
ajfa-4501	89	13	using	use	VERB
ajfa-4501	89	14	a	a	DET
ajfa-4501	89	15	sample	sample	NOUN
ajfa-4501	89	16	of	of	ADP
ajfa-4501	89	17	1,484	1,484	NUM
ajfa-4501	89	18	australian	australian	ADJ
ajfa-4501	89	19	listed	list	VERB
ajfa-4501	89	20	companies	company	NOUN
ajfa-4501	89	21	.	.	PUNCT
ajfa-4501	90	1	on	on	ADP
ajfa-4501	90	2	average	average	ADJ
ajfa-4501	90	3	,	,	PUNCT
ajfa-4501	90	4	the	the	DET
ajfa-4501	90	5	big	big	ADJ
ajfa-4501	90	6	8	8	NUM
ajfa-4501	90	7	brand	brand	NOUN
ajfa-4501	90	8	name	name	NOUN
ajfa-4501	90	9	premium	premium	NOUN
ajfa-4501	90	10	over	over	ADP
ajfa-4501	90	11	the	the	DET
ajfa-4501	90	12	non	non	ADJ
ajfa-4501	90	13	-	-	ADJ
ajfa-4501	90	14	big	big	ADJ
ajfa-4501	90	15	8	8	NUM
ajfa-4501	90	16	averages	average	NOUN
ajfa-4501	90	17	around	around	ADP
ajfa-4501	90	18	30	30	NUM
ajfa-4501	90	19	%	%	NOUN
ajfa-4501	90	20	.	.	PUNCT
ajfa-4501	91	1	klein	klein	PROPN
ajfa-4501	91	2	and	and	CCONJ
ajfa-4501	91	3	leffer	leffer	PROPN
ajfa-4501	91	4	(	(	PUNCT
ajfa-4501	91	5	1981	1981	NUM
ajfa-4501	91	6	)	)	PUNCT
ajfa-4501	91	7	,	,	PUNCT
ajfa-4501	91	8	palmrose	palmrose	ADJ
ajfa-4501	91	9	(	(	PUNCT
ajfa-4501	91	10	1986	1986	NUM
ajfa-4501	91	11	)	)	PUNCT
ajfa-4501	91	12	,	,	PUNCT
ajfa-4501	91	13	and	and	CCONJ
ajfa-4501	91	14	simunic	simunic	PROPN
ajfa-4501	91	15	and	and	CCONJ
ajfa-4501	91	16	stein	stein	PROPN
ajfa-4501	91	17	(	(	PUNCT
ajfa-4501	91	18	1987	1987	NUM
ajfa-4501	91	19	)	)	PUNCT
ajfa-4501	91	20	provide	provide	VERB
ajfa-4501	91	21	evidence	evidence	NOUN
ajfa-4501	91	22	consistent	consistent	ADJ
ajfa-4501	91	23	with	with	ADP
ajfa-4501	91	24	existing	exist	VERB
ajfa-4501	91	25	brand	brand	NOUN
ajfa-4501	91	26	name	name	NOUN
ajfa-4501	91	27	premiums	premium	NOUN
ajfa-4501	91	28	due	due	ADJ
ajfa-4501	91	29	to	to	ADP
ajfa-4501	91	30	better	well	ADJ
ajfa-4501	91	31	quality	quality	NOUN
ajfa-4501	91	32	provided	provide	VERB
ajfa-4501	91	33	.	.	PUNCT
ajfa-4501	92	1	in	in	ADP
ajfa-4501	92	2	taiwan	taiwan	PROPN
ajfa-4501	92	3	,	,	PUNCT
ajfa-4501	92	4	wong	wong	PROPN
ajfa-4501	92	5	(	(	PUNCT
ajfa-4501	92	6	1999	1999	NUM
ajfa-4501	92	7	)	)	PUNCT
ajfa-4501	92	8	find	find	VERB
ajfa-4501	92	9	a	a	DET
ajfa-4501	92	10	brand	brand	NOUN
ajfa-4501	92	11	name	name	NOUN
ajfa-4501	92	12	premium	premium	NOUN
ajfa-4501	92	13	in	in	ADP
ajfa-4501	92	14	his	his	PRON
ajfa-4501	92	15	studies	study	NOUN
ajfa-4501	92	16	.	.	PUNCT
ajfa-4501	93	1	in	in	ADP
ajfa-4501	93	2	the	the	DET
ajfa-4501	93	3	meta	meta	ADJ
ajfa-4501	93	4	-	-	PUNCT
ajfa-4501	93	5	analysis	analysis	NOUN
ajfa-4501	93	6	papers	paper	NOUN
ajfa-4501	93	7	which	which	PRON
ajfa-4501	93	8	they	they	PRON
ajfa-4501	93	9	consider	consider	VERB
ajfa-4501	93	10	,	,	PUNCT
ajfa-4501	93	11	published	publish	VERB
ajfa-4501	93	12	over	over	ADP
ajfa-4501	93	13	twenty	twenty	NUM
ajfa-4501	93	14	-	-	PUNCT
ajfa-4501	93	15	five	five	NUM
ajfa-4501	93	16	years	year	NOUN
ajfa-4501	93	17	(	(	PUNCT
ajfa-4501	93	18	1977	1977	NUM
ajfa-4501	93	19	-	-	SYM
ajfa-4501	93	20	2002	2002	NUM
ajfa-4501	93	21	)	)	PUNCT
ajfa-4501	93	22	and	and	CCONJ
ajfa-4501	93	23	including	include	VERB
ajfa-4501	93	24	more	more	ADJ
ajfa-4501	93	25	than	than	ADP
ajfa-4501	93	26	twenty	twenty	NUM
ajfa-4501	93	27	countries	country	NOUN
ajfa-4501	93	28	,	,	PUNCT
ajfa-4501	93	29	hay	hay	PROPN
ajfa-4501	93	30	et	et	PROPN
ajfa-4501	93	31	al	al	PROPN
ajfa-4501	93	32	.	.	PROPN
ajfa-4501	94	1	(	(	PUNCT
ajfa-4501	94	2	2006	2006	NUM
ajfa-4501	94	3	)	)	PUNCT
ajfa-4501	94	4	find	find	VERB
ajfa-4501	94	5	that	that	SCONJ
ajfa-4501	94	6	the	the	DET
ajfa-4501	94	7	big	big	ADJ
ajfa-4501	94	8	8/6/5	8/6/5	NUM
ajfa-4501	94	9	associates	associate	NOUN
ajfa-4501	94	10	with	with	ADP
ajfa-4501	94	11	higher	high	ADJ
ajfa-4501	94	12	audit	audit	NOUN
ajfa-4501	94	13	fees	fee	NOUN
ajfa-4501	94	14	with	with	ADP
ajfa-4501	94	15	67	67	NUM
ajfa-4501	94	16	%	%	NOUN
ajfa-4501	94	17	of	of	ADP
ajfa-4501	94	18	all	all	DET
ajfa-4501	94	19	studies	study	NOUN
ajfa-4501	94	20	finding	find	VERB
ajfa-4501	94	21	a	a	DET
ajfa-4501	94	22	significant	significant	ADJ
ajfa-4501	94	23	positive	positive	ADJ
ajfa-4501	94	24	result	result	NOUN
ajfa-4501	94	25	.	.	PUNCT
ajfa-4501	95	1	as	as	ADP
ajfa-4501	95	2	for	for	ADP
ajfa-4501	95	3	npos	npos	NOUN
ajfa-4501	95	4	,	,	PUNCT
ajfa-4501	95	5	ward	ward	NOUN
ajfa-4501	95	6	et	et	PROPN
ajfa-4501	95	7	al	al	PROPN
ajfa-4501	95	8	.	.	PROPN
ajfa-4501	96	1	(	(	PUNCT
ajfa-4501	96	2	1994	1994	NUM
ajfa-4501	96	3	)	)	PUNCT
ajfa-4501	96	4	document	document	NOUN
ajfa-4501	96	5	a	a	DET
ajfa-4501	96	6	big-6	big-6	NUM
ajfa-4501	96	7	audit	audit	NOUN
ajfa-4501	96	8	fee	fee	NOUN
ajfa-4501	96	9	premium	premium	NOUN
ajfa-4501	96	10	in	in	ADP
ajfa-4501	96	11	their	their	PRON
ajfa-4501	96	12	sample	sample	NOUN
ajfa-4501	96	13	of	of	ADP
ajfa-4501	96	14	michigan	michigan	PROPN
ajfa-4501	96	15	municipalities	municipality	NOUN
ajfa-4501	96	16	comprising	comprise	VERB
ajfa-4501	96	17	cities	city	NOUN
ajfa-4501	96	18	.	.	PUNCT
ajfa-4501	97	1	in	in	ADP
ajfa-4501	97	2	this	this	DET
ajfa-4501	97	3	research	research	NOUN
ajfa-4501	97	4	,	,	PUNCT
ajfa-4501	97	5	the	the	DET
ajfa-4501	97	6	ratio	ratio	NOUN
ajfa-4501	97	7	of	of	ADP
ajfa-4501	97	8	subsidiaries	subsidiary	NOUN
ajfa-4501	97	9	from	from	ADP
ajfa-4501	97	10	government	government	NOUN
ajfa-4501	97	11	to	to	PART
ajfa-4501	97	12	total	total	VERB
ajfa-4501	97	13	ordinary	ordinary	ADJ
ajfa-4501	97	14	revenues	revenue	NOUN
ajfa-4501	97	15	is	be	AUX
ajfa-4501	97	16	13	13	NUM
ajfa-4501	97	17	%	%	NOUN
ajfa-4501	97	18	for	for	ADP
ajfa-4501	97	19	private	private	ADJ
ajfa-4501	97	20	universities	university	NOUN
ajfa-4501	97	21	and	and	CCONJ
ajfa-4501	97	22	colleges	college	NOUN
ajfa-4501	97	23	.	.	PUNCT
ajfa-4501	98	1	agency	agency	NOUN
ajfa-4501	98	2	theory	theory	NOUN
ajfa-4501	98	3	about	about	ADP
ajfa-4501	98	4	private	private	ADJ
ajfa-4501	98	5	universities	university	NOUN
ajfa-4501	98	6	and	and	CCONJ
ajfa-4501	98	7	colleges	college	NOUN
ajfa-4501	98	8	indicates	indicate	VERB
ajfa-4501	98	9	that	that	SCONJ
ajfa-4501	98	10	cpa	cpa	NOUN
ajfa-4501	98	11	firms	firm	NOUN
ajfa-4501	98	12	monitor	monitor	VERB
ajfa-4501	98	13	schools	school	NOUN
ajfa-4501	98	14	on	on	ADP
ajfa-4501	98	15	behalf	behalf	NOUN
ajfa-4501	98	16	of	of	ADP
ajfa-4501	98	17	the	the	DET
ajfa-4501	98	18	government	government	NOUN
ajfa-4501	98	19	.	.	PUNCT
ajfa-4501	99	1	meanwhile	meanwhile	ADV
ajfa-4501	99	2	,	,	PUNCT
ajfa-4501	99	3	the	the	DET
ajfa-4501	99	4	ratio	ratio	NOUN
ajfa-4501	99	5	of	of	ADP
ajfa-4501	99	6	tuition	tuition	NOUN
ajfa-4501	99	7	fees	fee	NOUN
ajfa-4501	99	8	to	to	PART
ajfa-4501	99	9	total	total	VERB
ajfa-4501	99	10	ordinary	ordinary	ADJ
ajfa-4501	99	11	revenues	revenue	NOUN
ajfa-4501	99	12	is	be	AUX
ajfa-4501	99	13	approximately	approximately	ADV
ajfa-4501	99	14	65	65	NUM
ajfa-4501	99	15	%	%	NOUN
ajfa-4501	99	16	for	for	ADP
ajfa-4501	99	17	private	private	ADJ
ajfa-4501	99	18	universities	university	NOUN
ajfa-4501	99	19	and	and	CCONJ
ajfa-4501	99	20	colleges	college	NOUN
ajfa-4501	99	21	.	.	PUNCT
ajfa-4501	100	1	the	the	DET
ajfa-4501	100	2	government	government	NOUN
ajfa-4501	100	3	also	also	ADV
ajfa-4501	100	4	monitors	monitor	VERB
ajfa-4501	100	5	schools	school	NOUN
ajfa-4501	100	6	on	on	ADP
ajfa-4501	100	7	behalf	behalf	NOUN
ajfa-4501	100	8	of	of	ADP
ajfa-4501	100	9	the	the	DET
ajfa-4501	100	10	students	student	NOUN
ajfa-4501	100	11	and	and	CCONJ
ajfa-4501	100	12	the	the	DET
ajfa-4501	100	13	students	student	NOUN
ajfa-4501	100	14	’	’	PART
ajfa-4501	100	15	parents	parent	NOUN
ajfa-4501	100	16	.	.	PUNCT
ajfa-4501	101	1	this	this	DET
ajfa-4501	101	2	research	research	NOUN
ajfa-4501	101	3	expects	expect	VERB
ajfa-4501	101	4	that	that	SCONJ
ajfa-4501	101	5	agency	agency	NOUN
ajfa-4501	101	6	theory	theory	NOUN
ajfa-4501	101	7	can	can	AUX
ajfa-4501	101	8	be	be	AUX
ajfa-4501	101	9	applied	apply	VERB
ajfa-4501	101	10	in	in	ADP
ajfa-4501	101	11	npos	npos	NOUN
ajfa-4501	101	12	,	,	PUNCT
ajfa-4501	101	13	private	private	ADJ
ajfa-4501	101	14	universities	university	NOUN
ajfa-4501	101	15	and	and	CCONJ
ajfa-4501	101	16	colleges	college	NOUN
ajfa-4501	101	17	,	,	PUNCT
ajfa-4501	101	18	and	and	CCONJ
ajfa-4501	101	19	the	the	DET
ajfa-4501	101	20	following	follow	VERB
ajfa-4501	101	21	hypothesis	hypothesis	NOUN
ajfa-4501	101	22	is	be	AUX
ajfa-4501	101	23	developed	develop	VERB
ajfa-4501	101	24	:	:	PUNCT
ajfa-4501	101	25	h2	h2	NOUN
ajfa-4501	101	26	:	:	PUNCT
ajfa-4501	101	27	ceteris	ceteris	NOUN
ajfa-4501	101	28	paribus	paribus	NOUN
ajfa-4501	101	29	,	,	PUNCT
ajfa-4501	101	30	non	non	ADJ
ajfa-4501	101	31	-	-	ADJ
ajfa-4501	101	32	specialist	specialist	ADJ
ajfa-4501	101	33	big	big	ADJ
ajfa-4501	101	34	4	4	NUM
ajfa-4501	101	35	auditors	auditor	NOUN
ajfa-4501	101	36	will	will	AUX
ajfa-4501	101	37	have	have	VERB
ajfa-4501	101	38	higher	high	ADJ
ajfa-4501	101	39	audit	audit	NOUN
ajfa-4501	101	40	fees	fee	NOUN
ajfa-4501	101	41	than	than	ADP
ajfa-4501	101	42	non	non	ADJ
ajfa-4501	101	43	-	-	ADJ
ajfa-4501	101	44	big	big	ADJ
ajfa-4501	101	45	4	4	NUM
ajfa-4501	101	46	auditors	auditor	NOUN
ajfa-4501	101	47	.	.	PUNCT
ajfa-4501	102	1	2.3	2.3	NUM
ajfa-4501	102	2	auditor	auditor	NOUN
ajfa-4501	102	3	industry	industry	NOUN
ajfa-4501	102	4	specialist	specialist	NOUN
ajfa-4501	102	5	premium	premium	NOUN
ajfa-4501	102	6	accounting	accounting	NOUN
ajfa-4501	102	7	technology	technology	NOUN
ajfa-4501	102	8	is	be	AUX
ajfa-4501	102	9	an	an	DET
ajfa-4501	102	10	accounting	accounting	NOUN
ajfa-4501	102	11	system	system	NOUN
ajfa-4501	102	12	or	or	CCONJ
ajfa-4501	102	13	accounting	accounting	NOUN
ajfa-4501	102	14	policies	policy	NOUN
ajfa-4501	102	15	businesses	business	NOUN
ajfa-4501	102	16	use	use	VERB
ajfa-4501	102	17	for	for	ADP
ajfa-4501	102	18	reporting	report	VERB
ajfa-4501	102	19	economic	economic	ADJ
ajfa-4501	102	20	activities	activity	NOUN
ajfa-4501	102	21	.	.	PUNCT
ajfa-4501	103	1	in	in	ADP
ajfa-4501	103	2	a	a	DET
ajfa-4501	103	3	general	general	ADJ
ajfa-4501	103	4	sense	sense	NOUN
ajfa-4501	103	5	,	,	PUNCT
ajfa-4501	103	6	accounting	accounting	NOUN
ajfa-4501	103	7	policies	policy	NOUN
ajfa-4501	103	8	mainly	mainly	ADV
ajfa-4501	103	9	relate	relate	VERB
ajfa-4501	103	10	to	to	ADP
ajfa-4501	103	11	recognizing	recognize	VERB
ajfa-4501	103	12	and	and	CCONJ
ajfa-4501	103	13	measuring	measure	VERB
ajfa-4501	103	14	assets	asset	NOUN
ajfa-4501	103	15	,	,	PUNCT
ajfa-4501	103	16	debt	debt	NOUN
ajfa-4501	103	17	and	and	CCONJ
ajfa-4501	103	18	income	income	NOUN
ajfa-4501	103	19	from	from	ADP
ajfa-4501	103	20	economic	economic	ADJ
ajfa-4501	103	21	activities	activity	NOUN
ajfa-4501	103	22	.	.	PUNCT
ajfa-4501	104	1	if	if	SCONJ
ajfa-4501	104	2	accounting	accounting	NOUN
ajfa-4501	104	3	technology	technology	NOUN
ajfa-4501	104	4	is	be	AUX
ajfa-4501	104	5	for	for	ADP
ajfa-4501	104	6	a	a	DET
ajfa-4501	104	7	specific	specific	ADJ
ajfa-4501	104	8	industry	industry	NOUN
ajfa-4501	104	9	,	,	PUNCT
ajfa-4501	104	10	both	both	CCONJ
ajfa-4501	104	11	agent	agent	NOUN
ajfa-4501	104	12	and	and	CCONJ
ajfa-4501	104	13	contract	contract	NOUN
ajfa-4501	104	14	problems	problem	NOUN
ajfa-4501	104	15	of	of	ADP
ajfa-4501	104	16	a	a	DET
ajfa-4501	104	17	business	business	NOUN
ajfa-4501	104	18	and	and	CCONJ
ajfa-4501	104	19	accounting	accounting	NOUN
ajfa-4501	104	20	solutions	solution	NOUN
ajfa-4501	104	21	will	will	AUX
ajfa-4501	104	22	contain	contain	VERB
ajfa-4501	104	23	specific	specific	ADJ
ajfa-4501	104	24	industrial	industrial	ADJ
ajfa-4501	104	25	characteristics	characteristic	NOUN
ajfa-4501	104	26	.	.	PUNCT
ajfa-4501	105	1	for	for	ADP
ajfa-4501	105	2	example	example	NOUN
ajfa-4501	105	3	,	,	PUNCT
ajfa-4501	105	4	specific	specific	ADJ
ajfa-4501	105	5	industries	industry	NOUN
ajfa-4501	105	6	may	may	AUX
ajfa-4501	105	7	require	require	VERB
ajfa-4501	105	8	some	some	DET
ajfa-4501	105	9	complicated	complicated	ADJ
ajfa-4501	105	10	contracts	contract	NOUN
ajfa-4501	105	11	such	such	ADJ
ajfa-4501	105	12	as	as	ADP
ajfa-4501	105	13	advanced	advanced	ADJ
ajfa-4501	105	14	contracts	contract	NOUN
ajfa-4501	105	15	,	,	PUNCT
ajfa-4501	105	16	long	long	ADJ
ajfa-4501	105	17	-	-	PUNCT
ajfa-4501	105	18	term	term	NOUN
ajfa-4501	105	19	lease	lease	NOUN
ajfa-4501	105	20	contracts	contract	NOUN
ajfa-4501	105	21	,	,	PUNCT
ajfa-4501	105	22	risk	risk	NOUN
ajfa-4501	105	23	portfolio	portfolio	NOUN
ajfa-4501	105	24	management	management	NOUN
ajfa-4501	105	25	contracts	contract	NOUN
ajfa-4501	105	26	and	and	CCONJ
ajfa-4501	105	27	off	off	ADP
ajfa-4501	105	28	-	-	PUNCT
ajfa-4501	105	29	balance	balance	NOUN
ajfa-4501	105	30	sheet	sheet	NOUN
ajfa-4501	105	31	arrangements	arrangement	NOUN
ajfa-4501	105	32	.	.	PUNCT
ajfa-4501	106	1	certain	certain	ADJ
ajfa-4501	106	2	industries	industry	NOUN
ajfa-4501	106	3	,	,	PUNCT
ajfa-4501	106	4	such	such	ADJ
ajfa-4501	106	5	as	as	ADP
ajfa-4501	106	6	the	the	DET
ajfa-4501	106	7	natural	natural	ADJ
ajfa-4501	106	8	resources	resource	NOUN
ajfa-4501	106	9	industry	industry	NOUN
ajfa-4501	106	10	or	or	CCONJ
ajfa-4501	106	11	the	the	DET
ajfa-4501	106	12	financial	financial	ADJ
ajfa-4501	106	13	service	service	NOUN
ajfa-4501	106	14	industry	industry	NOUN
ajfa-4501	106	15	may	may	AUX
ajfa-4501	106	16	require	require	VERB
ajfa-4501	106	17	specific	specific	ADJ
ajfa-4501	106	18	accounting	accounting	NOUN
ajfa-4501	106	19	principles	principle	NOUN
ajfa-4501	106	20	or	or	CCONJ
ajfa-4501	106	21	financial	financial	ADJ
ajfa-4501	106	22	reporting	reporting	NOUN
ajfa-4501	106	23	.	.	PUNCT
ajfa-4501	107	1	an	an	DET
ajfa-4501	107	2	electronic	electronic	ADJ
ajfa-4501	107	3	data	data	NOUN
ajfa-4501	107	4	processing	processing	NOUN
ajfa-4501	107	5	system	system	NOUN
ajfa-4501	107	6	and	and	CCONJ
ajfa-4501	107	7	internal	internal	ADJ
ajfa-4501	107	8	control	control	NOUN
ajfa-4501	107	9	system	system	NOUN
ajfa-4501	107	10	for	for	ADP
ajfa-4501	107	11	the	the	DET
ajfa-4501	107	12	financial	financial	ADJ
ajfa-4501	107	13	service	service	NOUN
ajfa-4501	107	14	industry	industry	NOUN
ajfa-4501	107	15	are	be	AUX
ajfa-4501	107	16	complicated	complicated	ADJ
ajfa-4501	107	17	and	and	CCONJ
ajfa-4501	107	18	specific	specific	ADJ
ajfa-4501	107	19	.	.	PUNCT
ajfa-4501	108	1	industrial	industrial	ADJ
ajfa-4501	108	2	specialization	specialization	NOUN
ajfa-4501	108	3	has	have	AUX
ajfa-4501	108	4	led	lead	VERB
ajfa-4501	108	5	to	to	ADP
ajfa-4501	108	6	auditor	auditor	NOUN
ajfa-4501	108	7	’s	’s	PART
ajfa-4501	108	8	specializing	specializing	NOUN
ajfa-4501	108	9	.	.	PUNCT
ajfa-4501	109	1	this	this	DET
ajfa-4501	109	2	trend	trend	NOUN
ajfa-4501	109	3	,	,	PUNCT
ajfa-4501	109	4	however	however	ADV
ajfa-4501	109	5	,	,	PUNCT
ajfa-4501	109	6	significantly	significantly	ADV
ajfa-4501	109	7	leads	lead	VERB
ajfa-4501	109	8	auditors	auditor	NOUN
ajfa-4501	109	9	to	to	PART
ajfa-4501	109	10	win	win	VERB
ajfa-4501	109	11	a	a	DET
ajfa-4501	109	12	group	group	NOUN
ajfa-4501	109	13	of	of	ADP
ajfa-4501	109	14	“	"	PUNCT
ajfa-4501	109	15	specialism	specialism	NOUN
ajfa-4501	109	16	-	-	PUNCT
ajfa-4501	109	17	based	base	VERB
ajfa-4501	109	18	”	"	PUNCT
ajfa-4501	109	19	clients	client	NOUN
ajfa-4501	109	20	.	.	PUNCT
ajfa-4501	110	1	therefore	therefore	ADV
ajfa-4501	110	2	,	,	PUNCT
ajfa-4501	110	3	specialist	specialist	ADJ
ajfa-4501	110	4	audit	audit	NOUN
ajfa-4501	110	5	firms	firm	NOUN
ajfa-4501	110	6	provide	provide	VERB
ajfa-4501	110	7	greater	great	ADJ
ajfa-4501	110	8	assurance	assurance	NOUN
ajfa-4501	110	9	for	for	ADP
ajfa-4501	110	10	industries	industry	NOUN
ajfa-4501	110	11	with	with	ADP
ajfa-4501	110	12	specific	specific	ADJ
ajfa-4501	110	13	contracts	contract	NOUN
ajfa-4501	110	14	or	or	CCONJ
ajfa-4501	110	15	accounting	account	VERB
ajfa-4501	110	16	asian	asian	ADJ
ajfa-4501	110	17	journal	journal	NOUN
ajfa-4501	110	18	of	of	ADP
ajfa-4501	110	19	finance	finance	PROPN
ajfa-4501	110	20	&	&	CCONJ
ajfa-4501	110	21	accounting	accounting	PROPN
ajfa-4501	110	22	issn	issn	PROPN
ajfa-4501	110	23	1946	1946	NUM
ajfa-4501	110	24	-	-	PUNCT
ajfa-4501	110	25	052x	052x	NOUN
ajfa-4501	110	26	2013	2013	NUM
ajfa-4501	110	27	,	,	PUNCT
ajfa-4501	110	28	vol	vol	NOUN
ajfa-4501	110	29	.	.	PROPN
ajfa-4501	110	30	5	5	NUM
ajfa-4501	110	31	,	,	PUNCT
ajfa-4501	110	32	no	no	INTJ
ajfa-4501	110	33	.	.	NOUN
ajfa-4501	110	34	2	2	NUM
ajfa-4501	110	35	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-4501	110	36	310	310	NUM
ajfa-4501	110	37	technology	technology	NOUN
ajfa-4501	110	38	than	than	ADP
ajfa-4501	110	39	those	those	PRON
ajfa-4501	110	40	of	of	ADP
ajfa-4501	110	41	non	non	ADJ
ajfa-4501	110	42	-	-	ADJ
ajfa-4501	110	43	specialist	specialist	ADJ
ajfa-4501	110	44	audit	audit	NOUN
ajfa-4501	110	45	firms	firm	NOUN
ajfa-4501	110	46	.	.	PUNCT
ajfa-4501	111	1	many	many	ADJ
ajfa-4501	111	2	audit	audit	NOUN
ajfa-4501	111	3	firms	firm	NOUN
ajfa-4501	111	4	also	also	ADV
ajfa-4501	111	5	recognize	recognize	VERB
ajfa-4501	111	6	that	that	SCONJ
ajfa-4501	111	7	investing	invest	VERB
ajfa-4501	111	8	in	in	ADP
ajfa-4501	111	9	in	in	ADP
ajfa-4501	111	10	-	-	PUNCT
ajfa-4501	111	11	depth	depth	NOUN
ajfa-4501	111	12	industry	industry	NOUN
ajfa-4501	111	13	specific	specific	ADJ
ajfa-4501	111	14	knowledge	knowledge	NOUN
ajfa-4501	111	15	can	can	AUX
ajfa-4501	111	16	have	have	VERB
ajfa-4501	111	17	a	a	DET
ajfa-4501	111	18	valuable	valuable	ADJ
ajfa-4501	111	19	effect	effect	NOUN
ajfa-4501	111	20	,	,	PUNCT
ajfa-4501	111	21	contributing	contribute	VERB
ajfa-4501	111	22	to	to	PART
ajfa-4501	111	23	firm	firm	ADJ
ajfa-4501	111	24	brand	brand	NOUN
ajfa-4501	111	25	name	name	NOUN
ajfa-4501	111	26	.	.	PUNCT
ajfa-4501	112	1	apart	apart	ADV
ajfa-4501	112	2	from	from	ADP
ajfa-4501	112	3	normal	normal	ADJ
ajfa-4501	112	4	requested	request	VERB
ajfa-4501	112	5	returns	return	NOUN
ajfa-4501	112	6	,	,	PUNCT
ajfa-4501	112	7	the	the	DET
ajfa-4501	112	8	large	large	ADJ
ajfa-4501	112	9	audit	audit	NOUN
ajfa-4501	112	10	firm	firm	NOUN
ajfa-4501	112	11	seeks	seek	VERB
ajfa-4501	112	12	higher	high	ADJ
ajfa-4501	112	13	audit	audit	NOUN
ajfa-4501	112	14	fees	fee	NOUN
ajfa-4501	112	15	to	to	PART
ajfa-4501	112	16	compensate	compensate	VERB
ajfa-4501	112	17	for	for	ADP
ajfa-4501	112	18	additional	additional	ADJ
ajfa-4501	112	19	costs	cost	NOUN
ajfa-4501	112	20	spent	spend	VERB
ajfa-4501	112	21	on	on	ADP
ajfa-4501	112	22	industry	industry	NOUN
ajfa-4501	112	23	specialization	specialization	NOUN
ajfa-4501	112	24	,	,	PUNCT
ajfa-4501	112	25	compared	compare	VERB
ajfa-4501	112	26	to	to	ADP
ajfa-4501	112	27	non	non	ADJ
ajfa-4501	112	28	-	-	ADJ
ajfa-4501	112	29	specialist	specialist	ADJ
ajfa-4501	112	30	audit	audit	NOUN
ajfa-4501	112	31	firms	firm	NOUN
ajfa-4501	112	32	.	.	PUNCT
ajfa-4501	113	1	alternatively	alternatively	ADV
ajfa-4501	113	2	,	,	PUNCT
ajfa-4501	113	3	audit	audit	NOUN
ajfa-4501	113	4	firms	firm	NOUN
ajfa-4501	113	5	can	can	AUX
ajfa-4501	113	6	achieve	achieve	VERB
ajfa-4501	113	7	specialization	specialization	NOUN
ajfa-4501	113	8	by	by	ADP
ajfa-4501	113	9	expanding	expand	VERB
ajfa-4501	113	10	market	market	NOUN
ajfa-4501	113	11	share	share	NOUN
ajfa-4501	113	12	.	.	PUNCT
ajfa-4501	114	1	early	early	ADJ
ajfa-4501	114	2	researches	research	NOUN
ajfa-4501	114	3	of	of	ADP
ajfa-4501	114	4	auditor	auditor	NOUN
ajfa-4501	114	5	industry	industry	NOUN
ajfa-4501	114	6	specialists	specialist	NOUN
ajfa-4501	114	7	focused	focus	VERB
ajfa-4501	114	8	on	on	ADP
ajfa-4501	114	9	industries	industry	NOUN
ajfa-4501	114	10	with	with	ADP
ajfa-4501	114	11	greater	great	ADJ
ajfa-4501	114	12	than	than	ADP
ajfa-4501	114	13	thirty	thirty	NUM
ajfa-4501	114	14	client	client	NOUN
ajfa-4501	114	15	firms	firm	NOUN
ajfa-4501	114	16	(	(	PUNCT
ajfa-4501	114	17	e.g.	e.g.	ADV
ajfa-4501	114	18	craswell	craswell	NOUN
ajfa-4501	114	19	et	et	PROPN
ajfa-4501	114	20	al	al	PROPN
ajfa-4501	114	21	.	.	PROPN
ajfa-4501	114	22	,	,	PUNCT
ajfa-4501	114	23	1995	1995	NUM
ajfa-4501	114	24	)	)	PUNCT
ajfa-4501	114	25	.	.	PUNCT
ajfa-4501	115	1	later	later	ADJ
ajfa-4501	115	2	studies	study	NOUN
ajfa-4501	115	3	(	(	PUNCT
ajfa-4501	115	4	e.g.	e.g.	ADV
ajfa-4501	115	5	ferguson	ferguson	PROPN
ajfa-4501	115	6	et	et	PROPN
ajfa-4501	115	7	al	al	PROPN
ajfa-4501	115	8	.	.	PROPN
ajfa-4501	115	9	,	,	PUNCT
ajfa-4501	115	10	2003	2003	NUM
ajfa-4501	115	11	)	)	PUNCT
ajfa-4501	115	12	estimated	estimate	VERB
ajfa-4501	115	13	revenue	revenue	NOUN
ajfa-4501	115	14	premiums	premium	NOUN
ajfa-4501	115	15	in	in	ADP
ajfa-4501	115	16	all	all	DET
ajfa-4501	115	17	industries	industry	NOUN
ajfa-4501	115	18	,	,	PUNCT
ajfa-4501	115	19	irrespective	irrespective	ADV
ajfa-4501	115	20	of	of	ADP
ajfa-4501	115	21	the	the	DET
ajfa-4501	115	22	number	number	NOUN
ajfa-4501	115	23	of	of	ADP
ajfa-4501	115	24	client	client	NOUN
ajfa-4501	115	25	firms	firm	NOUN
ajfa-4501	115	26	within	within	ADP
ajfa-4501	115	27	an	an	DET
ajfa-4501	115	28	industry	industry	NOUN
ajfa-4501	115	29	.	.	PUNCT
ajfa-4501	116	1	craswell	craswell	INTJ
ajfa-4501	116	2	et	et	PROPN
ajfa-4501	116	3	al	al	PROPN
ajfa-4501	116	4	.	.	PROPN
ajfa-4501	117	1	(	(	PUNCT
ajfa-4501	117	2	1995	1995	NUM
ajfa-4501	117	3	)	)	PUNCT
ajfa-4501	117	4	examined	examine	VERB
ajfa-4501	117	5	audit	audit	NOUN
ajfa-4501	117	6	revenue	revenue	NOUN
ajfa-4501	117	7	premiums	premium	NOUN
ajfa-4501	117	8	received	receive	VERB
ajfa-4501	117	9	by	by	ADP
ajfa-4501	117	10	the	the	DET
ajfa-4501	117	11	big	big	ADJ
ajfa-4501	117	12	8	8	NUM
ajfa-4501	117	13	using	using	NOUN
ajfa-4501	117	14	of	of	ADP
ajfa-4501	117	15	a	a	DET
ajfa-4501	117	16	sample	sample	NOUN
ajfa-4501	117	17	of	of	ADP
ajfa-4501	117	18	1,484	1,484	NUM
ajfa-4501	117	19	australian	australian	ADJ
ajfa-4501	117	20	listed	list	VERB
ajfa-4501	117	21	companies	company	NOUN
ajfa-4501	117	22	.	.	PUNCT
ajfa-4501	118	1	on	on	ADP
ajfa-4501	118	2	average	average	ADJ
ajfa-4501	118	3	,	,	PUNCT
ajfa-4501	118	4	industry	industry	NOUN
ajfa-4501	118	5	specialist	specialist	NOUN
ajfa-4501	118	6	big	big	ADJ
ajfa-4501	118	7	8	8	NUM
ajfa-4501	118	8	auditors	auditor	NOUN
ajfa-4501	118	9	earn	earn	VERB
ajfa-4501	118	10	a	a	DET
ajfa-4501	118	11	34	34	NUM
ajfa-4501	118	12	%	%	NOUN
ajfa-4501	118	13	premium	premium	NOUN
ajfa-4501	118	14	over	over	ADP
ajfa-4501	118	15	the	the	DET
ajfa-4501	118	16	non	non	ADJ
ajfa-4501	118	17	-	-	ADJ
ajfa-4501	118	18	specialist	specialist	ADJ
ajfa-4501	118	19	big	big	ADJ
ajfa-4501	118	20	8	8	NUM
ajfa-4501	118	21	.	.	PUNCT
ajfa-4501	119	1	in	in	ADP
ajfa-4501	119	2	the	the	DET
ajfa-4501	119	3	meta	meta	ADJ
ajfa-4501	119	4	-	-	PUNCT
ajfa-4501	119	5	analysis	analysis	NOUN
ajfa-4501	119	6	covering	cover	VERB
ajfa-4501	119	7	a	a	DET
ajfa-4501	119	8	twenty	twenty	NUM
ajfa-4501	119	9	-	-	PUNCT
ajfa-4501	119	10	five	five	NUM
ajfa-4501	119	11	-	-	PUNCT
ajfa-4501	119	12	year	year	NOUN
ajfa-4501	119	13	period	period	NOUN
ajfa-4501	119	14	,	,	PUNCT
ajfa-4501	119	15	hay	hay	PROPN
ajfa-4501	119	16	et	et	PROPN
ajfa-4501	119	17	al	al	PROPN
ajfa-4501	119	18	.	.	PROPN
ajfa-4501	120	1	(	(	PUNCT
ajfa-4501	120	2	2006	2006	NUM
ajfa-4501	120	3	)	)	PUNCT
ajfa-4501	120	4	found	find	VERB
ajfa-4501	120	5	evidence	evidence	NOUN
ajfa-4501	120	6	consistent	consistent	ADJ
ajfa-4501	120	7	with	with	ADP
ajfa-4501	120	8	an	an	DET
ajfa-4501	120	9	industry	industry	NOUN
ajfa-4501	120	10	specialist	specialist	NOUN
ajfa-4501	120	11	premium	premium	NOUN
ajfa-4501	120	12	.	.	PUNCT
ajfa-4501	121	1	carson	carson	PROPN
ajfa-4501	121	2	and	and	CCONJ
ajfa-4501	121	3	fargher	fargher	PROPN
ajfa-4501	121	4	(	(	PUNCT
ajfa-4501	121	5	2007	2007	NUM
ajfa-4501	121	6	)	)	PUNCT
ajfa-4501	121	7	found	find	VERB
ajfa-4501	121	8	an	an	DET
ajfa-4501	121	9	industry	industry	NOUN
ajfa-4501	121	10	specialist	specialist	NOUN
ajfa-4501	121	11	premium	premium	NOUN
ajfa-4501	121	12	in	in	ADP
ajfa-4501	121	13	the	the	DET
ajfa-4501	121	14	australian	australian	ADJ
ajfa-4501	121	15	market	market	NOUN
ajfa-4501	121	16	for	for	ADP
ajfa-4501	121	17	audit	audit	NOUN
ajfa-4501	121	18	services	service	NOUN
ajfa-4501	121	19	.	.	PUNCT
ajfa-4501	122	1	industry	industry	NOUN
ajfa-4501	122	2	leadership	leadership	NOUN
ajfa-4501	122	3	expecting	expect	VERB
ajfa-4501	122	4	a	a	DET
ajfa-4501	122	5	fee	fee	NOUN
ajfa-4501	122	6	premium	premium	NOUN
ajfa-4501	122	7	arises	arise	VERB
ajfa-4501	122	8	from	from	ADP
ajfa-4501	122	9	expected	expect	VERB
ajfa-4501	122	10	returns	return	NOUN
ajfa-4501	122	11	for	for	ADP
ajfa-4501	122	12	investing	invest	VERB
ajfa-4501	122	13	in	in	ADP
ajfa-4501	122	14	specialization	specialization	NOUN
ajfa-4501	122	15	and	and	CCONJ
ajfa-4501	122	16	from	from	ADP
ajfa-4501	122	17	higher	high	ADJ
ajfa-4501	122	18	quality	quality	NOUN
ajfa-4501	122	19	audits	audits	NOUN
ajfa-4501	122	20	(	(	PUNCT
ajfa-4501	122	21	craswell	craswell	INTJ
ajfa-4501	122	22	et	et	PROPN
ajfa-4501	122	23	al	al	PROPN
ajfa-4501	122	24	.	.	PROPN
ajfa-4501	122	25	,	,	PUNCT
ajfa-4501	122	26	1995	1995	NUM
ajfa-4501	122	27	)	)	PUNCT
ajfa-4501	122	28	and	and	CCONJ
ajfa-4501	122	29	also	also	ADV
ajfa-4501	122	30	from	from	ADP
ajfa-4501	122	31	city	city	NOUN
ajfa-4501	122	32	level	level	NOUN
ajfa-4501	122	33	reputation	reputation	NOUN
ajfa-4501	122	34	effects	effect	NOUN
ajfa-4501	122	35	(	(	PUNCT
ajfa-4501	122	36	defond	defond	NOUN
ajfa-4501	122	37	et	et	PROPN
ajfa-4501	122	38	al	al	PROPN
ajfa-4501	122	39	.	.	PROPN
ajfa-4501	122	40	,	,	PUNCT
ajfa-4501	122	41	2000	2000	NUM
ajfa-4501	122	42	;	;	PUNCT
ajfa-4501	122	43	ferguson	ferguson	PROPN
ajfa-4501	122	44	et	et	PROPN
ajfa-4501	122	45	al	al	PROPN
ajfa-4501	122	46	.	.	PROPN
ajfa-4501	122	47	,	,	PUNCT
ajfa-4501	122	48	2003	2003	NUM
ajfa-4501	122	49	)	)	PUNCT
ajfa-4501	122	50	.	.	PUNCT
ajfa-4501	123	1	higher	high	ADJ
ajfa-4501	123	2	audit	audit	NOUN
ajfa-4501	123	3	quality	quality	NOUN
ajfa-4501	123	4	associates	associate	NOUN
ajfa-4501	123	5	with	with	ADP
ajfa-4501	123	6	higher	high	ADJ
ajfa-4501	123	7	audit	audit	NOUN
ajfa-4501	123	8	fee	fee	NOUN
ajfa-4501	123	9	levels	level	NOUN
ajfa-4501	123	10	.	.	PUNCT
ajfa-4501	124	1	the	the	DET
ajfa-4501	124	2	current	current	ADJ
ajfa-4501	124	3	study	study	NOUN
ajfa-4501	124	4	develops	develop	VERB
ajfa-4501	124	5	the	the	DET
ajfa-4501	124	6	following	follow	VERB
ajfa-4501	124	7	hypothesis	hypothesis	NOUN
ajfa-4501	124	8	:	:	PUNCT
ajfa-4501	124	9	h3	h3	NOUN
ajfa-4501	124	10	:	:	PUNCT
ajfa-4501	124	11	ceteris	ceteris	NOUN
ajfa-4501	124	12	paribus	paribus	NOUN
ajfa-4501	124	13	,	,	PUNCT
ajfa-4501	124	14	specialist	specialist	NOUN
ajfa-4501	124	15	big	big	ADJ
ajfa-4501	124	16	4	4	NUM
ajfa-4501	124	17	auditors	auditor	NOUN
ajfa-4501	124	18	will	will	AUX
ajfa-4501	124	19	have	have	VERB
ajfa-4501	124	20	higher	high	ADJ
ajfa-4501	124	21	audit	audit	NOUN
ajfa-4501	124	22	fees	fee	NOUN
ajfa-4501	124	23	than	than	ADP
ajfa-4501	124	24	non	non	ADJ
ajfa-4501	124	25	-	-	ADJ
ajfa-4501	124	26	specialist	specialist	ADJ
ajfa-4501	124	27	big	big	ADJ
ajfa-4501	124	28	4	4	NUM
ajfa-4501	124	29	auditors	auditor	NOUN
ajfa-4501	124	30	.	.	PUNCT
ajfa-4501	125	1	3	3	X
ajfa-4501	125	2	.	.	X
ajfa-4501	125	3	sampling	sample	VERB
ajfa-4501	125	4	and	and	CCONJ
ajfa-4501	125	5	modeling	model	VERB
ajfa-4501	125	6	3.1	3.1	NUM
ajfa-4501	125	7	sampling	sample	VERB
ajfa-4501	125	8	the	the	DET
ajfa-4501	125	9	data	datum	NOUN
ajfa-4501	125	10	of	of	ADP
ajfa-4501	125	11	this	this	DET
ajfa-4501	125	12	research	research	NOUN
ajfa-4501	125	13	is	be	AUX
ajfa-4501	125	14	collected	collect	VERB
ajfa-4501	125	15	from	from	ADP
ajfa-4501	125	16	cpa	cpa	NOUN
ajfa-4501	125	17	firms	firm	NOUN
ajfa-4501	125	18	appointed	appoint	VERB
ajfa-4501	125	19	by	by	ADP
ajfa-4501	125	20	the	the	DET
ajfa-4501	125	21	moe	moe	NOUN
ajfa-4501	125	22	to	to	PART
ajfa-4501	125	23	audit	audit	VERB
ajfa-4501	125	24	private	private	ADJ
ajfa-4501	125	25	universities	university	NOUN
ajfa-4501	125	26	and	and	CCONJ
ajfa-4501	125	27	colleges	college	NOUN
ajfa-4501	125	28	for	for	ADP
ajfa-4501	125	29	academic	academic	ADJ
ajfa-4501	125	30	years	year	NOUN
ajfa-4501	125	31	1998	1998	NUM
ajfa-4501	125	32	-	-	SYM
ajfa-4501	125	33	2002	2002	NUM
ajfa-4501	125	34	.	.	PUNCT
ajfa-4501	126	1	this	this	DET
ajfa-4501	126	2	research	research	NOUN
ajfa-4501	126	3	obtains	obtain	VERB
ajfa-4501	126	4	information	information	NOUN
ajfa-4501	126	5	about	about	ADP
ajfa-4501	126	6	audit	audit	NOUN
ajfa-4501	126	7	fees	fee	NOUN
ajfa-4501	126	8	and	and	CCONJ
ajfa-4501	126	9	cpa	cpa	NOUN
ajfa-4501	126	10	audit	audit	NOUN
ajfa-4501	126	11	firms	firm	NOUN
ajfa-4501	126	12	from	from	ADP
ajfa-4501	126	13	the	the	DET
ajfa-4501	126	14	moe	moe	NOUN
ajfa-4501	126	15	directly	directly	ADV
ajfa-4501	126	16	via	via	ADP
ajfa-4501	126	17	legislators	legislator	NOUN
ajfa-4501	126	18	.	.	PUNCT
ajfa-4501	127	1	the	the	DET
ajfa-4501	127	2	current	current	ADJ
ajfa-4501	127	3	work	work	NOUN
ajfa-4501	127	4	also	also	ADV
ajfa-4501	127	5	obtains	obtain	VERB
ajfa-4501	127	6	audit	audit	NOUN
ajfa-4501	127	7	fees	fee	NOUN
ajfa-4501	127	8	information	information	NOUN
ajfa-4501	127	9	for	for	ADP
ajfa-4501	127	10	the	the	DET
ajfa-4501	127	11	2003	2003	NUM
ajfa-4501	127	12	academic	academic	ADJ
ajfa-4501	127	13	year	year	NOUN
ajfa-4501	127	14	from	from	ADP
ajfa-4501	127	15	the	the	DET
ajfa-4501	127	16	announcement	announcement	NOUN
ajfa-4501	127	17	after	after	ADP
ajfa-4501	127	18	cpa	cpa	PROPN
ajfa-4501	127	19	association	association	PROPN
ajfa-4501	127	20	public	public	ADJ
ajfa-4501	127	21	bidding	bidding	NOUN
ajfa-4501	127	22	.	.	PUNCT
ajfa-4501	128	1	according	accord	VERB
ajfa-4501	128	2	to	to	ADP
ajfa-4501	128	3	the	the	DET
ajfa-4501	128	4	regulation	regulation	NOUN
ajfa-4501	128	5	in	in	ADP
ajfa-4501	128	6	‘	'	PUNCT
ajfa-4501	128	7	the	the	DET
ajfa-4501	128	8	must	must	AUX
ajfa-4501	128	9	-	-	PUNCT
ajfa-4501	128	10	dos	do	NOUN
ajfa-4501	128	11	list	list	NOUN
ajfa-4501	128	12	for	for	ADP
ajfa-4501	128	13	cpa	cpa	NOUN
ajfa-4501	128	14	auditing	auditing	NOUN
ajfa-4501	128	15	,	,	PUNCT
ajfa-4501	128	16	the	the	DET
ajfa-4501	128	17	financial	financial	ADJ
ajfa-4501	128	18	statements	statement	NOUN
ajfa-4501	128	19	of	of	ADP
ajfa-4501	128	20	junior	junior	ADJ
ajfa-4501	128	21	colleges	college	NOUN
ajfa-4501	128	22	and	and	CCONJ
ajfa-4501	128	23	above	above	ADP
ajfa-4501	128	24	’	'	PUNCT
ajfa-4501	128	25	,	,	PUNCT
ajfa-4501	128	26	article	article	NOUN
ajfa-4501	128	27	6	6	NUM
ajfa-4501	128	28	regulates	regulate	VERB
ajfa-4501	128	29	that	that	SCONJ
ajfa-4501	128	30	service	service	NOUN
ajfa-4501	128	31	fees	fee	NOUN
ajfa-4501	128	32	are	be	AUX
ajfa-4501	128	33	limited	limit	VERB
ajfa-4501	128	34	to	to	ADP
ajfa-4501	128	35	the	the	DET
ajfa-4501	128	36	audit	audit	NOUN
ajfa-4501	128	37	fees	fee	NOUN
ajfa-4501	128	38	on	on	ADP
ajfa-4501	128	39	financial	financial	ADJ
ajfa-4501	128	40	statements	statement	NOUN
ajfa-4501	128	41	.	.	PUNCT
ajfa-4501	129	1	the	the	DET
ajfa-4501	129	2	manually	manually	ADV
ajfa-4501	129	3	collected	collect	VERB
ajfa-4501	129	4	data	data	NOUN
ajfa-4501	129	5	contains	contain	VERB
ajfa-4501	129	6	not	not	PART
ajfa-4501	129	7	only	only	ADV
ajfa-4501	129	8	the	the	DET
ajfa-4501	129	9	audit	audit	NOUN
ajfa-4501	129	10	report	report	NOUN
ajfa-4501	129	11	,	,	PUNCT
ajfa-4501	129	12	but	but	CCONJ
ajfa-4501	129	13	also	also	ADV
ajfa-4501	129	14	financial	financial	ADJ
ajfa-4501	129	15	statements	statement	NOUN
ajfa-4501	129	16	of	of	ADP
ajfa-4501	129	17	private	private	ADJ
ajfa-4501	129	18	universities	university	NOUN
ajfa-4501	129	19	and	and	CCONJ
ajfa-4501	129	20	colleges	college	NOUN
ajfa-4501	129	21	from	from	ADP
ajfa-4501	129	22	each	each	DET
ajfa-4501	129	23	school	school	NOUN
ajfa-4501	129	24	website	website	NOUN
ajfa-4501	129	25	.	.	PUNCT
ajfa-4501	130	1	table	table	NOUN
ajfa-4501	130	2	2	2	NUM
ajfa-4501	130	3	lists	list	NOUN
ajfa-4501	130	4	audit	audit	VERB
ajfa-4501	130	5	fees	fee	NOUN
ajfa-4501	130	6	of	of	ADP
ajfa-4501	130	7	the	the	DET
ajfa-4501	130	8	moe	moe	NOUN
ajfa-4501	130	9	appointed	appoint	VERB
ajfa-4501	130	10	cpa	cpa	NOUN
ajfa-4501	130	11	firms	firm	NOUN
ajfa-4501	130	12	,	,	PUNCT
ajfa-4501	130	13	public	public	ADJ
ajfa-4501	130	14	bidding	bidding	NOUN
ajfa-4501	130	15	and	and	CCONJ
ajfa-4501	130	16	limited	limited	ADJ
ajfa-4501	130	17	bidding	bidding	NOUN
ajfa-4501	130	18	cpa	cpa	NOUN
ajfa-4501	130	19	firms	firm	NOUN
ajfa-4501	130	20	for	for	ADP
ajfa-4501	130	21	the	the	DET
ajfa-4501	130	22	1998	1998	NUM
ajfa-4501	130	23	-	-	SYM
ajfa-4501	130	24	2003	2003	NUM
ajfa-4501	130	25	academic	academic	ADJ
ajfa-4501	130	26	years	year	NOUN
ajfa-4501	130	27	.	.	PUNCT
ajfa-4501	131	1	the	the	DET
ajfa-4501	131	2	current	current	ADJ
ajfa-4501	131	3	study	study	NOUN
ajfa-4501	131	4	expects	expect	VERB
ajfa-4501	131	5	data	datum	NOUN
ajfa-4501	131	6	shown	show	VERB
ajfa-4501	131	7	in	in	ADP
ajfa-4501	131	8	the	the	DET
ajfa-4501	131	9	table	table	NOUN
ajfa-4501	131	10	to	to	PART
ajfa-4501	131	11	be	be	AUX
ajfa-4501	131	12	more	more	ADV
ajfa-4501	131	13	accurate	accurate	ADJ
ajfa-4501	131	14	than	than	ADP
ajfa-4501	131	15	using	use	VERB
ajfa-4501	131	16	questionnaires	questionnaire	NOUN
ajfa-4501	131	17	by	by	ADP
ajfa-4501	131	18	previous	previous	ADJ
ajfa-4501	131	19	literature	literature	NOUN
ajfa-4501	131	20	.	.	PUNCT
ajfa-4501	132	1	table	table	NOUN
ajfa-4501	132	2	2	2	NUM
ajfa-4501	132	3	shows	show	VERB
ajfa-4501	132	4	nine	nine	NUM
ajfa-4501	132	5	,	,	PUNCT
ajfa-4501	132	6	ten	ten	NUM
ajfa-4501	132	7	,	,	PUNCT
ajfa-4501	132	8	and	and	CCONJ
ajfa-4501	132	9	fourteen	fourteen	NUM
ajfa-4501	132	10	schools	school	NOUN
ajfa-4501	132	11	between	between	ADP
ajfa-4501	132	12	the	the	DET
ajfa-4501	132	13	1998	1998	NUM
ajfa-4501	132	14	and	and	CCONJ
ajfa-4501	132	15	2000	2000	NUM
ajfa-4501	132	16	academic	academic	ADJ
ajfa-4501	132	17	year	year	NOUN
ajfa-4501	132	18	that	that	PRON
ajfa-4501	132	19	were	be	AUX
ajfa-4501	132	20	audited	audit	VERB
ajfa-4501	132	21	by	by	ADP
ajfa-4501	132	22	appointed	appoint	VERB
ajfa-4501	132	23	cpas	cpa	NOUN
ajfa-4501	132	24	,	,	PUNCT
ajfa-4501	132	25	accounting	account	VERB
ajfa-4501	132	26	for	for	ADP
ajfa-4501	132	27	10	10	NUM
ajfa-4501	132	28	%	%	NOUN
ajfa-4501	132	29	of	of	ADP
ajfa-4501	132	30	the	the	DET
ajfa-4501	132	31	whole	whole	NOUN
ajfa-4501	132	32	.	.	PUNCT
ajfa-4501	133	1	due	due	ADP
ajfa-4501	133	2	to	to	ADP
ajfa-4501	133	3	the	the	DET
ajfa-4501	133	4	limited	limited	ADJ
ajfa-4501	133	5	sample	sample	NOUN
ajfa-4501	133	6	size	size	NOUN
ajfa-4501	133	7	for	for	ADP
ajfa-4501	133	8	the	the	DET
ajfa-4501	133	9	1998	1998	NUM
ajfa-4501	133	10	-	-	SYM
ajfa-4501	133	11	2000	2000	NUM
ajfa-4501	133	12	academic	academic	ADJ
ajfa-4501	133	13	years	year	NOUN
ajfa-4501	133	14	,	,	PUNCT
ajfa-4501	133	15	this	this	DET
ajfa-4501	133	16	investigation	investigation	NOUN
ajfa-4501	133	17	was	be	AUX
ajfa-4501	133	18	unable	unable	ADJ
ajfa-4501	133	19	to	to	PART
ajfa-4501	133	20	compare	compare	VERB
ajfa-4501	133	21	audit	audit	NOUN
ajfa-4501	133	22	fee	fee	NOUN
ajfa-4501	133	23	difference	difference	NOUN
ajfa-4501	133	24	between	between	ADP
ajfa-4501	133	25	academic	academic	ADJ
ajfa-4501	133	26	years	year	NOUN
ajfa-4501	133	27	1998	1998	NUM
ajfa-4501	133	28	-	-	SYM
ajfa-4501	133	29	2000	2000	NUM
ajfa-4501	133	30	and	and	CCONJ
ajfa-4501	133	31	2001	2001	NUM
ajfa-4501	133	32	-	-	SYM
ajfa-4501	133	33	2003	2003	NUM
ajfa-4501	133	34	.	.	PUNCT
ajfa-4501	134	1	the	the	DET
ajfa-4501	134	2	table	table	NOUN
ajfa-4501	134	3	obviously	obviously	ADV
ajfa-4501	134	4	shows	show	VERB
ajfa-4501	134	5	that	that	SCONJ
ajfa-4501	134	6	the	the	DET
ajfa-4501	134	7	means	mean	NOUN
ajfa-4501	134	8	of	of	ADP
ajfa-4501	134	9	audit	audit	NOUN
ajfa-4501	134	10	fees	fee	NOUN
ajfa-4501	134	11	are	be	AUX
ajfa-4501	134	12	not	not	PART
ajfa-4501	134	13	significantly	significantly	ADV
ajfa-4501	134	14	different	different	ADJ
ajfa-4501	134	15	from	from	ADP
ajfa-4501	134	16	each	each	DET
ajfa-4501	134	17	other	other	ADJ
ajfa-4501	134	18	during	during	ADP
ajfa-4501	134	19	the	the	DET
ajfa-4501	134	20	academic	academic	ADJ
ajfa-4501	134	21	year	year	NOUN
ajfa-4501	134	22	asian	asian	PROPN
ajfa-4501	134	23	journal	journal	NOUN
ajfa-4501	134	24	of	of	ADP
ajfa-4501	134	25	finance	finance	PROPN
ajfa-4501	134	26	&	&	CCONJ
ajfa-4501	134	27	accounting	accounting	PROPN
ajfa-4501	134	28	issn	issn	PROPN
ajfa-4501	134	29	1946	1946	NUM
ajfa-4501	134	30	-	-	PUNCT
ajfa-4501	134	31	052x	052x	NOUN
ajfa-4501	134	32	2013	2013	NUM
ajfa-4501	134	33	,	,	PUNCT
ajfa-4501	134	34	vol	vol	NOUN
ajfa-4501	134	35	.	.	PROPN
ajfa-4501	134	36	5	5	NUM
ajfa-4501	134	37	,	,	PUNCT
ajfa-4501	134	38	no	no	INTJ
ajfa-4501	134	39	.	.	NOUN
ajfa-4501	134	40	2	2	NUM
ajfa-4501	134	41	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-4501	134	42	311	311	NUM
ajfa-4501	134	43	2001	2001	NUM
ajfa-4501	134	44	and	and	CCONJ
ajfa-4501	134	45	2002	2002	NUM
ajfa-4501	134	46	;	;	PUNCT
ajfa-4501	134	47	however	however	ADV
ajfa-4501	134	48	,	,	PUNCT
ajfa-4501	134	49	the	the	DET
ajfa-4501	134	50	mean	mean	NOUN
ajfa-4501	134	51	of	of	ADP
ajfa-4501	134	52	audit	audit	NOUN
ajfa-4501	134	53	fees	fee	NOUN
ajfa-4501	134	54	during	during	ADP
ajfa-4501	134	55	the	the	DET
ajfa-4501	134	56	2003	2003	NUM
ajfa-4501	134	57	academic	academic	ADJ
ajfa-4501	134	58	year	year	NOUN
ajfa-4501	134	59	is	be	AUX
ajfa-4501	134	60	significantly	significantly	ADV
ajfa-4501	134	61	higher	high	ADJ
ajfa-4501	134	62	than	than	ADP
ajfa-4501	134	63	those	those	PRON
ajfa-4501	134	64	of	of	ADP
ajfa-4501	134	65	the	the	DET
ajfa-4501	134	66	previous	previous	ADJ
ajfa-4501	134	67	two	two	NUM
ajfa-4501	134	68	academic	academic	ADJ
ajfa-4501	134	69	years	year	NOUN
ajfa-4501	134	70	.	.	PUNCT
ajfa-4501	135	1	table	table	NOUN
ajfa-4501	135	2	2	2	NUM
ajfa-4501	135	3	.	.	X
ajfa-4501	135	4	audit	audit	NOUN
ajfa-4501	135	5	fees	fee	NOUN
ajfa-4501	135	6	of	of	ADP
ajfa-4501	135	7	private	private	ADJ
ajfa-4501	135	8	colleges	college	NOUN
ajfa-4501	135	9	and	and	CCONJ
ajfa-4501	135	10	universities	university	NOUN
ajfa-4501	135	11	by	by	ADP
ajfa-4501	135	12	the	the	DET
ajfa-4501	135	13	moe	moe	NOUN
ajfa-4501	135	14	appointed	appoint	VERB
ajfa-4501	135	15	project	project	NOUN
ajfa-4501	135	16	cpas	cpa	NOUN
ajfa-4501	135	17	（	（	PUNCT
ajfa-4501	135	18	expressed	express	VERB
ajfa-4501	135	19	in	in	ADP
ajfa-4501	135	20	new	new	ADJ
ajfa-4501	135	21	taiwan	taiwan	PROPN
ajfa-4501	135	22	dollars	dollars	PROPN
ajfa-4501	135	23	）	）	PUNCT
ajfa-4501	135	24	year	year	NOUN
ajfa-4501	135	25	no	no	INTJ
ajfa-4501	135	26	.	.	PUNCT
ajfa-4501	135	27	of	of	ADP
ajfa-4501	135	28	obs	obs	PROPN
ajfa-4501	135	29	.	.	PUNCT
ajfa-4501	136	1	min	min	PROPN
ajfa-4501	136	2	mean	mean	PROPN
ajfa-4501	136	3	max	max	PROPN
ajfa-4501	136	4	sd	sd	ADP
ajfa-4501	136	5	1998	1998	NUM
ajfa-4501	136	6	9	9	NUM
ajfa-4501	136	7	300,000	300,000	NUM
ajfa-4501	136	8	388,889	388,889	NUM
ajfa-4501	136	9	700,000	700,000	NUM
ajfa-4501	136	10	151,186	151,186	NUM
ajfa-4501	136	11	1999	1999	NUM
ajfa-4501	136	12	10	10	NUM
ajfa-4501	136	13	380,000	380,000	NUM
ajfa-4501	136	14	563,000	563,000	NUM
ajfa-4501	136	15	930,000	930,000	NUM
ajfa-4501	136	16	151,375	151,375	NUM
ajfa-4501	136	17	2000	2000	NUM
ajfa-4501	136	18	14	14	NUM
ajfa-4501	136	19	410,000	410,000	NUM
ajfa-4501	136	20	613,714	613,714	NUM
ajfa-4501	136	21	950,000	950,000	NUM
ajfa-4501	136	22	196,656	196,656	NUM
ajfa-4501	136	23	2001	2001	NUM
ajfa-4501	136	24	101	101	NUM
ajfa-4501	136	25	142,500	142,500	NUM
ajfa-4501	136	26	293,350	293,350	NUM
ajfa-4501	136	27	850,480	850,480	NUM
ajfa-4501	136	28	128,495	128,495	NUM
ajfa-4501	136	29	2002	2002	NUM
ajfa-4501	136	30	101	101	NUM
ajfa-4501	136	31	142,500	142,500	NUM
ajfa-4501	136	32	292,237	292,237	NUM
ajfa-4501	136	33	830,000	830,000	NUM
ajfa-4501	136	34	126,863	126,863	NUM
ajfa-4501	136	35	2003	2003	NUM
ajfa-4501	136	36	100	100	NUM
ajfa-4501	136	37	*	*	SYM
ajfa-4501	136	38	175,000	175,000	NUM
ajfa-4501	136	39	448,936	448,936	NUM
ajfa-4501	136	40	775,000	775,000	NUM
ajfa-4501	136	41	167,036	167,036	NUM
ajfa-4501	136	42	*	*	PUNCT
ajfa-4501	136	43	there	there	PRON
ajfa-4501	136	44	are	be	VERB
ajfa-4501	136	45	104	104	NUM
ajfa-4501	136	46	private	private	ADJ
ajfa-4501	136	47	universities	university	NOUN
ajfa-4501	136	48	and	and	CCONJ
ajfa-4501	136	49	colleges	college	NOUN
ajfa-4501	136	50	in	in	ADP
ajfa-4501	136	51	2003	2003	NUM
ajfa-4501	136	52	academic	academic	ADJ
ajfa-4501	136	53	years	year	NOUN
ajfa-4501	136	54	,	,	PUNCT
ajfa-4501	136	55	with	with	ADP
ajfa-4501	136	56	4	4	NUM
ajfa-4501	136	57	schools	school	NOUN
ajfa-4501	136	58	’	'	PUNCT
ajfa-4501	136	59	audit	audit	NOUN
ajfa-4501	136	60	fees	fee	NOUN
ajfa-4501	136	61	unavailable	unavailable	ADJ
ajfa-4501	136	62	.	.	PUNCT
ajfa-4501	137	1	3.2	3.2	NUM
ajfa-4501	137	2	modeling	model	VERB
ajfa-4501	137	3	the	the	DET
ajfa-4501	137	4	regression	regression	NOUN
ajfa-4501	137	5	model	model	NOUN
ajfa-4501	137	6	used	use	VERB
ajfa-4501	137	7	to	to	PART
ajfa-4501	137	8	examine	examine	VERB
ajfa-4501	137	9	the	the	DET
ajfa-4501	137	10	effects	effect	NOUN
ajfa-4501	137	11	of	of	ADP
ajfa-4501	137	12	tendering	tendering	NOUN
ajfa-4501	137	13	procedures	procedure	NOUN
ajfa-4501	137	14	and	and	CCONJ
ajfa-4501	137	15	brand	brand	NOUN
ajfa-4501	137	16	name	name	NOUN
ajfa-4501	137	17	reputation	reputation	NOUN
ajfa-4501	137	18	over	over	ADP
ajfa-4501	137	19	audit	audit	NOUN
ajfa-4501	137	20	fees	fee	NOUN
ajfa-4501	137	21	(	(	PUNCT
ajfa-4501	137	22	h1	h1	NOUN
ajfa-4501	137	23	and	and	CCONJ
ajfa-4501	137	24	h2	h2	PROPN
ajfa-4501	137	25	)	)	PUNCT
ajfa-4501	137	26	,	,	PUNCT
ajfa-4501	137	27	is	be	AUX
ajfa-4501	137	28	specified	specify	VERB
ajfa-4501	137	29	as	as	SCONJ
ajfa-4501	137	30	follows	follow	VERB
ajfa-4501	137	31	:	:	PUNCT
ajfa-4501	137	32	lnaui＝a＋	lnaui＝a＋	PROPN
ajfa-4501	137	33	1b	1b	NUM
ajfa-4501	137	34	year03i	year03i	NOUN
ajfa-4501	137	35	＋b2year02i	＋b2year02i	PUNCT
ajfa-4501	138	1	＋b3big4i＋	＋b3big4i＋	NOUN
ajfa-4501	138	2	4b	4b	X
ajfa-4501	138	3	lnasseti	lnasseti	PROPN
ajfa-4501	138	4	+	+	CCONJ
ajfa-4501	138	5	5b	5b	NUM
ajfa-4501	138	6	debti+	debti+	ADJ
ajfa-4501	138	7	6b	6b	NUM
ajfa-4501	138	8	int	int	NOUN
ajfa-4501	138	9	/	/	SYM
ajfa-4501	138	10	earni＋	earni＋	ADJ
ajfa-4501	138	11	7b	7b	NUM
ajfa-4501	138	12	boardi＋	boardi＋	PROPN
ajfa-4501	138	13	8b	8b	NUM
ajfa-4501	138	14	donatei	donatei	NOUN
ajfa-4501	138	15	＋	＋	X
ajfa-4501	138	16	9b	9b	X
ajfa-4501	138	17	earni	earni	ADJ
ajfa-4501	138	18	＋	＋	X
ajfa-4501	138	19	10b	10b	NOUN
ajfa-4501	138	20	subsidyi	subsidyi	PROPN
ajfa-4501	138	21	＋	＋	PUNCT
ajfa-4501	138	22	11b	11b	NOUN
ajfa-4501	138	23	univi+	univi+	PRON
ajfa-4501	138	24	12b	12b	X
ajfa-4501	138	25	opp	opp	PROPN
ajfa-4501	138	26	/	/	SYM
ajfa-4501	138	27	tai	tai	PROPN
ajfa-4501	138	28	+	+	CCONJ
ajfa-4501	138	29	iε	iε	PROPN
ajfa-4501	138	30	(	(	PUNCT
ajfa-4501	138	31	1	1	NUM
ajfa-4501	138	32	)	)	PUNCT
ajfa-4501	138	33	where	where	SCONJ
ajfa-4501	138	34	,	,	PUNCT
ajfa-4501	138	35	lnau	lnau	PROPN
ajfa-4501	138	36	:	:	PUNCT
ajfa-4501	138	37	natural	natural	ADJ
ajfa-4501	138	38	log	log	NOUN
ajfa-4501	138	39	of	of	ADP
ajfa-4501	138	40	the	the	DET
ajfa-4501	138	41	audit	audit	NOUN
ajfa-4501	138	42	fee	fee	NOUN
ajfa-4501	138	43	.	.	PUNCT
ajfa-4501	139	1	year03	year03	NOUN
ajfa-4501	139	2	:	:	PUNCT
ajfa-4501	140	1	dummy	dummy	ADJ
ajfa-4501	140	2	variable	variable	NOUN
ajfa-4501	140	3	,	,	PUNCT
ajfa-4501	140	4	equals	equal	VERB
ajfa-4501	140	5	to	to	ADP
ajfa-4501	140	6	one	one	NUM
ajfa-4501	140	7	if	if	SCONJ
ajfa-4501	140	8	academic	academic	ADJ
ajfa-4501	140	9	year	year	NOUN
ajfa-4501	140	10	is	be	AUX
ajfa-4501	140	11	2003	2003	NUM
ajfa-4501	140	12	,	,	PUNCT
ajfa-4501	140	13	and	and	CCONJ
ajfa-4501	140	14	zero	zero	NUM
ajfa-4501	140	15	otherwise	otherwise	ADV
ajfa-4501	140	16	.	.	PUNCT
ajfa-4501	141	1	year02	year02	NOUN
ajfa-4501	141	2	:	:	PUNCT
ajfa-4501	141	3	dummy	dummy	ADJ
ajfa-4501	141	4	variable	variable	NOUN
ajfa-4501	141	5	,	,	PUNCT
ajfa-4501	141	6	equals	equal	VERB
ajfa-4501	141	7	to	to	ADP
ajfa-4501	141	8	one	one	NUM
ajfa-4501	141	9	if	if	SCONJ
ajfa-4501	141	10	academic	academic	ADJ
ajfa-4501	141	11	year	year	NOUN
ajfa-4501	141	12	is	be	AUX
ajfa-4501	141	13	2002	2002	NUM
ajfa-4501	141	14	,	,	PUNCT
ajfa-4501	141	15	and	and	CCONJ
ajfa-4501	141	16	zero	zero	NUM
ajfa-4501	141	17	otherwise	otherwise	ADV
ajfa-4501	141	18	.	.	PUNCT
ajfa-4501	142	1	big4	big4	NOUN
ajfa-4501	142	2	:	:	PUNCT
ajfa-4501	142	3	dummy	dummy	ADJ
ajfa-4501	142	4	variable	variable	NOUN
ajfa-4501	142	5	,	,	PUNCT
ajfa-4501	142	6	proxy	proxy	NOUN
ajfa-4501	142	7	for	for	ADP
ajfa-4501	142	8	audit	audit	NOUN
ajfa-4501	142	9	quality	quality	NOUN
ajfa-4501	142	10	,	,	PUNCT
ajfa-4501	142	11	equals	equal	VERB
ajfa-4501	142	12	to	to	ADP
ajfa-4501	142	13	one	one	NUM
ajfa-4501	142	14	if	if	SCONJ
ajfa-4501	142	15	audited	audit	VERB
ajfa-4501	142	16	by	by	ADP
ajfa-4501	142	17	big	big	ADJ
ajfa-4501	142	18	4	4	NUM
ajfa-4501	142	19	,	,	PUNCT
ajfa-4501	142	20	and	and	CCONJ
ajfa-4501	142	21	zero	zero	NUM
ajfa-4501	142	22	otherwise	otherwise	ADV
ajfa-4501	142	23	.	.	PUNCT
ajfa-4501	143	1	lnasset	lnasset	NOUN
ajfa-4501	143	2	:	:	PUNCT
ajfa-4501	143	3	natural	natural	ADJ
ajfa-4501	143	4	log	log	NOUN
ajfa-4501	143	5	of	of	ADP
ajfa-4501	143	6	total	total	ADJ
ajfa-4501	143	7	assets	asset	NOUN
ajfa-4501	143	8	of	of	ADP
ajfa-4501	143	9	private	private	ADJ
ajfa-4501	143	10	universities	university	NOUN
ajfa-4501	143	11	and	and	CCONJ
ajfa-4501	143	12	colleges	college	NOUN
ajfa-4501	143	13	,	,	PUNCT
ajfa-4501	143	14	proxy	proxy	NOUN
ajfa-4501	143	15	for	for	ADP
ajfa-4501	143	16	size	size	NOUN
ajfa-4501	143	17	.	.	PUNCT
ajfa-4501	144	1	debt	debt	NOUN
ajfa-4501	144	2	:	:	PUNCT
ajfa-4501	144	3	the	the	DET
ajfa-4501	144	4	ratio	ratio	NOUN
ajfa-4501	144	5	of	of	ADP
ajfa-4501	144	6	debt	debt	NOUN
ajfa-4501	144	7	to	to	ADP
ajfa-4501	144	8	total	total	ADJ
ajfa-4501	144	9	assets	asset	NOUN
ajfa-4501	144	10	,	,	PUNCT
ajfa-4501	144	11	proxy	proxy	NOUN
ajfa-4501	144	12	for	for	ADP
ajfa-4501	144	13	risks	risk	NOUN
ajfa-4501	144	14	.	.	PUNCT
ajfa-4501	145	1	int	int	NOUN
ajfa-4501	145	2	/	/	SYM
ajfa-4501	145	3	earn	earn	NOUN
ajfa-4501	145	4	:	:	PUNCT
ajfa-4501	145	5	interest	interest	NOUN
ajfa-4501	145	6	expenses	expense	NOUN
ajfa-4501	145	7	divided	divide	VERB
ajfa-4501	145	8	by	by	ADP
ajfa-4501	145	9	current	current	ADJ
ajfa-4501	145	10	net	net	ADJ
ajfa-4501	145	11	income	income	NOUN
ajfa-4501	145	12	/	/	SYM
ajfa-4501	145	13	loss	loss	NOUN
ajfa-4501	145	14	,	,	PUNCT
ajfa-4501	145	15	proxy	proxy	NOUN
ajfa-4501	145	16	for	for	ADP
ajfa-4501	145	17	risks	risk	NOUN
ajfa-4501	145	18	.	.	PUNCT
ajfa-4501	146	1	board	board	NOUN
ajfa-4501	146	2	:	:	PUNCT
ajfa-4501	146	3	the	the	DET
ajfa-4501	146	4	ratio	ratio	NOUN
ajfa-4501	146	5	of	of	ADP
ajfa-4501	146	6	board	board	NOUN
ajfa-4501	146	7	expenditures	expenditure	NOUN
ajfa-4501	146	8	to	to	ADP
ajfa-4501	146	9	current	current	ADJ
ajfa-4501	146	10	revenues	revenue	NOUN
ajfa-4501	146	11	,	,	PUNCT
ajfa-4501	146	12	proxy	proxy	NOUN
ajfa-4501	146	13	for	for	ADP
ajfa-4501	146	14	risks	risk	NOUN
ajfa-4501	146	15	.	.	PUNCT
ajfa-4501	147	1	asian	asian	ADJ
ajfa-4501	147	2	journal	journal	PROPN
ajfa-4501	147	3	of	of	ADP
ajfa-4501	147	4	finance	finance	PROPN
ajfa-4501	147	5	&	&	CCONJ
ajfa-4501	147	6	accounting	accounting	PROPN
ajfa-4501	147	7	issn	issn	PROPN
ajfa-4501	147	8	1946	1946	NUM
ajfa-4501	147	9	-	-	PUNCT
ajfa-4501	147	10	052x	052x	NOUN
ajfa-4501	147	11	2013	2013	NUM
ajfa-4501	147	12	,	,	PUNCT
ajfa-4501	147	13	vol	vol	NOUN
ajfa-4501	147	14	.	.	PROPN
ajfa-4501	147	15	5	5	NUM
ajfa-4501	147	16	,	,	PUNCT
ajfa-4501	147	17	no	no	INTJ
ajfa-4501	147	18	.	.	NOUN
ajfa-4501	147	19	2	2	NUM
ajfa-4501	147	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-4501	147	21	312	312	NUM
ajfa-4501	147	22	donate	donate	VERB
ajfa-4501	147	23	:	:	PUNCT
ajfa-4501	147	24	the	the	DET
ajfa-4501	147	25	ratio	ratio	NOUN
ajfa-4501	147	26	of	of	ADP
ajfa-4501	147	27	personal	personal	ADJ
ajfa-4501	147	28	donations	donation	NOUN
ajfa-4501	147	29	to	to	ADP
ajfa-4501	147	30	current	current	ADJ
ajfa-4501	147	31	revenues	revenue	NOUN
ajfa-4501	147	32	,	,	PUNCT
ajfa-4501	147	33	proxy	proxy	NOUN
ajfa-4501	147	34	for	for	ADP
ajfa-4501	147	35	risks	risk	NOUN
ajfa-4501	147	36	.	.	PUNCT
ajfa-4501	148	1	earn	earn	VERB
ajfa-4501	148	2	:	:	PUNCT
ajfa-4501	148	3	the	the	DET
ajfa-4501	148	4	ratio	ratio	NOUN
ajfa-4501	148	5	of	of	ADP
ajfa-4501	148	6	current	current	ADJ
ajfa-4501	148	7	earnings	earning	NOUN
ajfa-4501	148	8	to	to	ADP
ajfa-4501	148	9	current	current	ADJ
ajfa-4501	148	10	revenues	revenue	NOUN
ajfa-4501	148	11	,	,	PUNCT
ajfa-4501	148	12	proxy	proxy	NOUN
ajfa-4501	148	13	for	for	ADP
ajfa-4501	148	14	risks	risk	NOUN
ajfa-4501	148	15	.	.	PUNCT
ajfa-4501	149	1	subsidy	subsidy	NOUN
ajfa-4501	149	2	:	:	PUNCT
ajfa-4501	149	3	the	the	DET
ajfa-4501	149	4	ratio	ratio	NOUN
ajfa-4501	149	5	of	of	ADP
ajfa-4501	149	6	subsidy	subsidy	NOUN
ajfa-4501	149	7	to	to	ADP
ajfa-4501	149	8	current	current	ADJ
ajfa-4501	149	9	revenues	revenue	NOUN
ajfa-4501	149	10	,	,	PUNCT
ajfa-4501	149	11	proxy	proxy	NOUN
ajfa-4501	149	12	for	for	ADP
ajfa-4501	149	13	risks	risk	NOUN
ajfa-4501	149	14	.	.	PUNCT
ajfa-4501	150	1	univ	univ	ADJ
ajfa-4501	150	2	:	:	PUNCT
ajfa-4501	150	3	equals	equal	VERB
ajfa-4501	150	4	to	to	ADP
ajfa-4501	150	5	one	one	NUM
ajfa-4501	150	6	if	if	SCONJ
ajfa-4501	150	7	university	university	NOUN
ajfa-4501	150	8	,	,	PUNCT
ajfa-4501	150	9	and	and	CCONJ
ajfa-4501	150	10	zero	zero	NUM
ajfa-4501	150	11	otherwise	otherwise	ADV
ajfa-4501	150	12	;	;	PUNCT
ajfa-4501	150	13	proxy	proxy	NOUN
ajfa-4501	150	14	for	for	ADP
ajfa-4501	150	15	complexity	complexity	NOUN
ajfa-4501	150	16	.	.	PUNCT
ajfa-4501	151	1	opp	opp	PROPN
ajfa-4501	151	2	/	/	SYM
ajfa-4501	151	3	ta	ta	PROPN
ajfa-4501	151	4	:	:	PUNCT
ajfa-4501	151	5	the	the	DET
ajfa-4501	151	6	ratio	ratio	NOUN
ajfa-4501	151	7	of	of	ADP
ajfa-4501	151	8	operating	operate	VERB
ajfa-4501	151	9	funds	fund	NOUN
ajfa-4501	151	10	to	to	ADP
ajfa-4501	151	11	total	total	ADJ
ajfa-4501	151	12	assets	asset	NOUN
ajfa-4501	151	13	,	,	PUNCT
ajfa-4501	151	14	proxy	proxy	NOUN
ajfa-4501	151	15	for	for	ADP
ajfa-4501	151	16	complexity	complexity	NOUN
ajfa-4501	151	17	.	.	PUNCT
ajfa-4501	152	1	3.2.1	3.2.1	NUM
ajfa-4501	152	2	dependent	dependent	ADJ
ajfa-4501	152	3	variable	variable	NOUN
ajfa-4501	152	4	this	this	DET
ajfa-4501	152	5	study	study	NOUN
ajfa-4501	152	6	uses	use	VERB
ajfa-4501	152	7	the	the	DET
ajfa-4501	152	8	natural	natural	ADJ
ajfa-4501	152	9	log	log	NOUN
ajfa-4501	152	10	of	of	ADP
ajfa-4501	152	11	the	the	DET
ajfa-4501	152	12	audit	audit	NOUN
ajfa-4501	152	13	fee	fee	NOUN
ajfa-4501	152	14	(	(	PUNCT
ajfa-4501	152	15	lnau	lnau	PROPN
ajfa-4501	152	16	)	)	PUNCT
ajfa-4501	152	17	as	as	ADP
ajfa-4501	152	18	the	the	DET
ajfa-4501	152	19	dependent	dependent	ADJ
ajfa-4501	152	20	variable	variable	NOUN
ajfa-4501	152	21	to	to	PART
ajfa-4501	152	22	reduce	reduce	VERB
ajfa-4501	152	23	heteroskedasticity	heteroskedasticity	NOUN
ajfa-4501	152	24	of	of	ADP
ajfa-4501	152	25	the	the	DET
ajfa-4501	152	26	residual	residual	ADJ
ajfa-4501	152	27	terms	term	NOUN
ajfa-4501	152	28	(	(	PUNCT
ajfa-4501	152	29	pamrose	pamrose	ADJ
ajfa-4501	152	30	,	,	PUNCT
ajfa-4501	152	31	1986	1986	NUM
ajfa-4501	152	32	;	;	PUNCT
ajfa-4501	152	33	gul	gul	PROPN
ajfa-4501	152	34	,	,	PUNCT
ajfa-4501	152	35	1999	1999	NUM
ajfa-4501	152	36	)	)	PUNCT
ajfa-4501	152	37	.	.	PUNCT
ajfa-4501	153	1	3.2.2	3.2.2	NUM
ajfa-4501	153	2	independent	independent	ADJ
ajfa-4501	153	3	variables	variable	NOUN
ajfa-4501	153	4	year03	year03	VERB
ajfa-4501	153	5	is	be	AUX
ajfa-4501	153	6	a	a	DET
ajfa-4501	153	7	dummy	dummy	ADJ
ajfa-4501	153	8	variable	variable	NOUN
ajfa-4501	153	9	,	,	PUNCT
ajfa-4501	153	10	which	which	PRON
ajfa-4501	153	11	equals	equal	VERB
ajfa-4501	153	12	to	to	ADP
ajfa-4501	153	13	one	one	NUM
ajfa-4501	153	14	if	if	SCONJ
ajfa-4501	153	15	academic	academic	ADJ
ajfa-4501	153	16	year	year	NOUN
ajfa-4501	153	17	is	be	AUX
ajfa-4501	153	18	2003	2003	NUM
ajfa-4501	153	19	,	,	PUNCT
ajfa-4501	153	20	and	and	CCONJ
ajfa-4501	153	21	zero	zero	NUM
ajfa-4501	153	22	otherwise	otherwise	ADV
ajfa-4501	153	23	and	and	CCONJ
ajfa-4501	153	24	tests	test	VERB
ajfa-4501	153	25	h1	h1	VERB
ajfa-4501	153	26	.	.	PUNCT
ajfa-4501	154	1	this	this	DET
ajfa-4501	154	2	study	study	NOUN
ajfa-4501	154	3	predicts	predict	VERB
ajfa-4501	154	4	that	that	SCONJ
ajfa-4501	154	5	audit	audit	NOUN
ajfa-4501	154	6	fees	fee	NOUN
ajfa-4501	154	7	under	under	ADP
ajfa-4501	154	8	limited	limited	ADJ
ajfa-4501	154	9	tendering	tendering	NOUN
ajfa-4501	154	10	procedures	procedure	NOUN
ajfa-4501	154	11	will	will	AUX
ajfa-4501	154	12	be	be	AUX
ajfa-4501	154	13	higher	high	ADJ
ajfa-4501	154	14	than	than	ADP
ajfa-4501	154	15	those	those	PRON
ajfa-4501	154	16	under	under	ADP
ajfa-4501	154	17	open	open	ADJ
ajfa-4501	154	18	tendering	tendering	NOUN
ajfa-4501	154	19	procedures	procedure	NOUN
ajfa-4501	154	20	.	.	PUNCT
ajfa-4501	155	1	we	we	PRON
ajfa-4501	155	2	predict	predict	VERB
ajfa-4501	155	3	coefficient	coefficient	NOUN
ajfa-4501	155	4	1b	1b	NUM
ajfa-4501	155	5	in	in	ADP
ajfa-4501	155	6	eq	eq	PROPN
ajfa-4501	155	7	(	(	PUNCT
ajfa-4501	155	8	1	1	NUM
ajfa-4501	155	9	)	)	PUNCT
ajfa-4501	155	10	to	to	PART
ajfa-4501	155	11	be	be	AUX
ajfa-4501	155	12	positive	positive	ADJ
ajfa-4501	155	13	.	.	PUNCT
ajfa-4501	156	1	big4	big4	PROPN
ajfa-4501	156	2	is	be	AUX
ajfa-4501	156	3	a	a	DET
ajfa-4501	156	4	dummy	dummy	ADJ
ajfa-4501	156	5	variable	variable	NOUN
ajfa-4501	156	6	,	,	PUNCT
ajfa-4501	156	7	proxy	proxy	NOUN
ajfa-4501	156	8	for	for	ADP
ajfa-4501	156	9	audit	audit	NOUN
ajfa-4501	156	10	quality	quality	NOUN
ajfa-4501	156	11	,	,	PUNCT
ajfa-4501	156	12	which	which	PRON
ajfa-4501	156	13	equals	equal	VERB
ajfa-4501	156	14	to	to	ADP
ajfa-4501	156	15	one	one	NUM
ajfa-4501	156	16	if	if	SCONJ
ajfa-4501	156	17	audited	audit	VERB
ajfa-4501	156	18	by	by	ADP
ajfa-4501	156	19	big	big	ADJ
ajfa-4501	156	20	4	4	NUM
ajfa-4501	156	21	,	,	PUNCT
ajfa-4501	156	22	and	and	CCONJ
ajfa-4501	156	23	zero	zero	NUM
ajfa-4501	156	24	otherwise	otherwise	ADV
ajfa-4501	156	25	and	and	CCONJ
ajfa-4501	156	26	tests	test	VERB
ajfa-4501	156	27	h2	h2	NOUN
ajfa-4501	156	28	.	.	PUNCT
ajfa-4501	157	1	this	this	DET
ajfa-4501	157	2	study	study	NOUN
ajfa-4501	157	3	predicts	predict	VERB
ajfa-4501	157	4	an	an	DET
ajfa-4501	157	5	existing	exist	VERB
ajfa-4501	157	6	big	big	ADJ
ajfa-4501	157	7	4	4	NUM
ajfa-4501	157	8	premium	premium	NOUN
ajfa-4501	157	9	.	.	PUNCT
ajfa-4501	158	1	that	that	PRON
ajfa-4501	158	2	is	is	ADV
ajfa-4501	158	3	,	,	PUNCT
ajfa-4501	158	4	we	we	PRON
ajfa-4501	158	5	predict	predict	VERB
ajfa-4501	158	6	coefficient	coefficient	NOUN
ajfa-4501	158	7	b3	b3	PROPN
ajfa-4501	158	8	in	in	ADP
ajfa-4501	158	9	eq	eq	PROPN
ajfa-4501	158	10	(	(	PUNCT
ajfa-4501	158	11	1	1	NUM
ajfa-4501	158	12	)	)	PUNCT
ajfa-4501	158	13	to	to	PART
ajfa-4501	158	14	be	be	AUX
ajfa-4501	158	15	positive	positive	ADJ
ajfa-4501	158	16	.	.	PUNCT
ajfa-4501	159	1	3.2.3	3.2.3	NUM
ajfa-4501	159	2	control	control	NOUN
ajfa-4501	159	3	variables	variable	NOUN
ajfa-4501	159	4	simunic	simunic	ADJ
ajfa-4501	159	5	(	(	PUNCT
ajfa-4501	159	6	1980	1980	NUM
ajfa-4501	159	7	)	)	PUNCT
ajfa-4501	159	8	presented	present	VERB
ajfa-4501	159	9	a	a	DET
ajfa-4501	159	10	production	production	NOUN
ajfa-4501	159	11	view	view	NOUN
ajfa-4501	159	12	of	of	ADP
ajfa-4501	159	13	the	the	DET
ajfa-4501	159	14	audit	audit	NOUN
ajfa-4501	159	15	process	process	NOUN
ajfa-4501	159	16	and	and	CCONJ
ajfa-4501	159	17	hypothesized	hypothesize	VERB
ajfa-4501	159	18	that	that	SCONJ
ajfa-4501	159	19	certain	certain	ADJ
ajfa-4501	159	20	drivers	driver	NOUN
ajfa-4501	159	21	associated	associate	VERB
ajfa-4501	159	22	with	with	ADP
ajfa-4501	159	23	varying	vary	VERB
ajfa-4501	159	24	audit	audit	NOUN
ajfa-4501	159	25	fees	fee	NOUN
ajfa-4501	159	26	because	because	SCONJ
ajfa-4501	159	27	those	those	DET
ajfa-4501	159	28	drivers	driver	NOUN
ajfa-4501	159	29	caused	cause	VERB
ajfa-4501	159	30	an	an	DET
ajfa-4501	159	31	auditor	auditor	NOUN
ajfa-4501	159	32	to	to	PART
ajfa-4501	159	33	perform	perform	VERB
ajfa-4501	159	34	more	more	ADJ
ajfa-4501	159	35	(	(	PUNCT
ajfa-4501	159	36	or	or	CCONJ
ajfa-4501	159	37	less	less	ADJ
ajfa-4501	159	38	)	)	PUNCT
ajfa-4501	159	39	work	work	NOUN
ajfa-4501	159	40	during	during	ADP
ajfa-4501	159	41	the	the	DET
ajfa-4501	159	42	course	course	NOUN
ajfa-4501	159	43	of	of	ADP
ajfa-4501	159	44	the	the	DET
ajfa-4501	159	45	audit	audit	NOUN
ajfa-4501	159	46	.	.	PUNCT
ajfa-4501	160	1	the	the	DET
ajfa-4501	160	2	general	general	ADJ
ajfa-4501	160	3	audit	audit	NOUN
ajfa-4501	160	4	fee	fee	NOUN
ajfa-4501	160	5	model	model	NOUN
ajfa-4501	160	6	is	be	AUX
ajfa-4501	160	7	common	common	ADJ
ajfa-4501	160	8	to	to	ADP
ajfa-4501	160	9	most	most	ADJ
ajfa-4501	160	10	studies	study	NOUN
ajfa-4501	160	11	in	in	ADP
ajfa-4501	160	12	the	the	DET
ajfa-4501	160	13	literature	literature	NOUN
ajfa-4501	160	14	represents	represent	VERB
ajfa-4501	160	15	audit	audit	NOUN
ajfa-4501	160	16	fees	fee	NOUN
ajfa-4501	160	17	as	as	ADP
ajfa-4501	160	18	a	a	DET
ajfa-4501	160	19	function	function	NOUN
ajfa-4501	160	20	of	of	ADP
ajfa-4501	160	21	client	client	NOUN
ajfa-4501	160	22	size	size	NOUN
ajfa-4501	160	23	,	,	PUNCT
ajfa-4501	160	24	risk	risk	NOUN
ajfa-4501	160	25	,	,	PUNCT
ajfa-4501	160	26	client	client	NOUN
ajfa-4501	160	27	complexity	complexity	NOUN
ajfa-4501	160	28	,	,	PUNCT
ajfa-4501	160	29	and	and	CCONJ
ajfa-4501	160	30	quality	quality	NOUN
ajfa-4501	160	31	(	(	PUNCT
ajfa-4501	160	32	e.g.	e.g.	ADV
ajfa-4501	160	33	craswell	craswell	ADJ
ajfa-4501	160	34	and	and	CCONJ
ajfa-4501	160	35	francis	francis	PROPN
ajfa-4501	160	36	,	,	PUNCT
ajfa-4501	160	37	1999	1999	NUM
ajfa-4501	160	38	)	)	PUNCT
ajfa-4501	160	39	.	.	PUNCT
ajfa-4501	161	1	lin	lin	PROPN
ajfa-4501	161	2	(	(	PUNCT
ajfa-4501	161	3	1997	1997	NUM
ajfa-4501	161	4	)	)	PUNCT
ajfa-4501	161	5	aims	aim	VERB
ajfa-4501	161	6	to	to	PART
ajfa-4501	161	7	generate	generate	VERB
ajfa-4501	161	8	audit	audit	NOUN
ajfa-4501	161	9	fee	fee	NOUN
ajfa-4501	161	10	models	model	NOUN
ajfa-4501	161	11	for	for	ADP
ajfa-4501	161	12	listed	list	VERB
ajfa-4501	161	13	companies	company	NOUN
ajfa-4501	161	14	in	in	ADP
ajfa-4501	161	15	taiwan	taiwan	PROPN
ajfa-4501	161	16	.	.	PUNCT
ajfa-4501	162	1	the	the	DET
ajfa-4501	162	2	results	result	NOUN
ajfa-4501	162	3	show	show	VERB
ajfa-4501	162	4	that	that	SCONJ
ajfa-4501	162	5	client	client	NOUN
ajfa-4501	162	6	size	size	NOUN
ajfa-4501	162	7	,	,	PUNCT
ajfa-4501	162	8	audit	audit	NOUN
ajfa-4501	162	9	risk	risk	NOUN
ajfa-4501	162	10	,	,	PUNCT
ajfa-4501	162	11	client	client	NOUN
ajfa-4501	162	12	complexity	complexity	NOUN
ajfa-4501	162	13	,	,	PUNCT
ajfa-4501	162	14	and	and	CCONJ
ajfa-4501	162	15	audit	audit	NOUN
ajfa-4501	162	16	firm	firm	ADJ
ajfa-4501	162	17	reputation	reputation	NOUN
ajfa-4501	162	18	significantly	significantly	ADV
ajfa-4501	162	19	relate	relate	VERB
ajfa-4501	162	20	to	to	ADP
ajfa-4501	162	21	audit	audit	NOUN
ajfa-4501	162	22	fee	fee	NOUN
ajfa-4501	162	23	variability	variability	NOUN
ajfa-4501	162	24	.	.	PUNCT
ajfa-4501	163	1	this	this	DET
ajfa-4501	163	2	study	study	NOUN
ajfa-4501	163	3	tests	test	VERB
ajfa-4501	163	4	audit	audit	VERB
ajfa-4501	163	5	quality	quality	NOUN
ajfa-4501	163	6	or	or	CCONJ
ajfa-4501	163	7	audit	audit	NOUN
ajfa-4501	163	8	firm	firm	ADJ
ajfa-4501	163	9	reputation	reputation	NOUN
ajfa-4501	163	10	by	by	ADP
ajfa-4501	163	11	hypotheses	hypothesis	NOUN
ajfa-4501	163	12	2	2	NUM
ajfa-4501	163	13	and	and	CCONJ
ajfa-4501	163	14	3	3	NUM
ajfa-4501	163	15	.	.	PUNCT
ajfa-4501	164	1	a	a	DET
ajfa-4501	164	2	meta	meta	ADJ
ajfa-4501	164	3	-	-	PUNCT
ajfa-4501	164	4	analysis	analysis	NOUN
ajfa-4501	164	5	provides	provide	VERB
ajfa-4501	164	6	a	a	DET
ajfa-4501	164	7	means	means	NOUN
ajfa-4501	164	8	of	of	ADP
ajfa-4501	164	9	understanding	understand	VERB
ajfa-4501	164	10	the	the	DET
ajfa-4501	164	11	body	body	NOUN
ajfa-4501	164	12	of	of	ADP
ajfa-4501	164	13	knowledge	knowledge	NOUN
ajfa-4501	164	14	developed	develop	VERB
ajfa-4501	164	15	over	over	ADP
ajfa-4501	164	16	more	more	ADJ
ajfa-4501	164	17	than	than	ADP
ajfa-4501	164	18	twenty	twenty	NUM
ajfa-4501	164	19	years	year	NOUN
ajfa-4501	164	20	in	in	ADP
ajfa-4501	164	21	audit	audit	NOUN
ajfa-4501	164	22	fee	fee	NOUN
ajfa-4501	164	23	research	research	NOUN
ajfa-4501	164	24	.	.	PUNCT
ajfa-4501	165	1	the	the	DET
ajfa-4501	165	2	study	study	NOUN
ajfa-4501	165	3	of	of	ADP
ajfa-4501	165	4	hay	hay	PROPN
ajfa-4501	165	5	et	et	PROPN
ajfa-4501	165	6	al	al	PROPN
ajfa-4501	165	7	.	.	PROPN
ajfa-4501	165	8	(	(	PUNCT
ajfa-4501	165	9	2006	2006	NUM
ajfa-4501	165	10	)	)	PUNCT
ajfa-4501	165	11	confirms	confirm	VERB
ajfa-4501	165	12	that	that	SCONJ
ajfa-4501	165	13	well	well	ADV
ajfa-4501	165	14	-	-	PUNCT
ajfa-4501	165	15	established	establish	VERB
ajfa-4501	165	16	control	control	NOUN
ajfa-4501	165	17	variables	variable	NOUN
ajfa-4501	165	18	for	for	ADP
ajfa-4501	165	19	size	size	NOUN
ajfa-4501	165	20	,	,	PUNCT
ajfa-4501	165	21	risk	risk	NOUN
ajfa-4501	165	22	,	,	PUNCT
ajfa-4501	165	23	and	and	CCONJ
ajfa-4501	165	24	complexity	complexity	NOUN
ajfa-4501	165	25	relate	relate	VERB
ajfa-4501	165	26	to	to	ADP
ajfa-4501	165	27	audit	audit	NOUN
ajfa-4501	165	28	fees	fee	NOUN
ajfa-4501	165	29	.	.	PUNCT
ajfa-4501	166	1	therefore	therefore	ADV
ajfa-4501	166	2	,	,	PUNCT
ajfa-4501	166	3	the	the	DET
ajfa-4501	166	4	current	current	ADJ
ajfa-4501	166	5	work	work	NOUN
ajfa-4501	166	6	uses	use	VERB
ajfa-4501	166	7	size	size	NOUN
ajfa-4501	166	8	,	,	PUNCT
ajfa-4501	166	9	risk	risk	NOUN
ajfa-4501	166	10	,	,	PUNCT
ajfa-4501	166	11	and	and	CCONJ
ajfa-4501	166	12	complexity	complexity	NOUN
ajfa-4501	166	13	as	as	ADP
ajfa-4501	166	14	control	control	NOUN
ajfa-4501	166	15	variables	variable	NOUN
ajfa-4501	166	16	.	.	PUNCT
ajfa-4501	167	1	this	this	DET
ajfa-4501	167	2	study	study	NOUN
ajfa-4501	167	3	uses	use	VERB
ajfa-4501	167	4	year02	year02	NOUN
ajfa-4501	167	5	to	to	PART
ajfa-4501	167	6	control	control	VERB
ajfa-4501	167	7	year	year	NOUN
ajfa-4501	167	8	effects	effect	NOUN
ajfa-4501	167	9	.	.	PUNCT
ajfa-4501	168	1	the	the	DET
ajfa-4501	168	2	main	main	ADJ
ajfa-4501	168	3	control	control	NOUN
ajfa-4501	168	4	variables	variable	NOUN
ajfa-4501	168	5	are	be	AUX
ajfa-4501	168	6	stated	state	VERB
ajfa-4501	168	7	as	as	SCONJ
ajfa-4501	168	8	follows	follow	VERB
ajfa-4501	168	9	:	:	PUNCT
ajfa-4501	168	10	client	client	NOUN
ajfa-4501	168	11	size	size	NOUN
ajfa-4501	168	12	the	the	PRON
ajfa-4501	168	13	larger	large	ADJ
ajfa-4501	168	14	the	the	DET
ajfa-4501	168	15	clients	client	NOUN
ajfa-4501	168	16	,	,	PUNCT
ajfa-4501	168	17	the	the	PRON
ajfa-4501	168	18	greater	great	ADJ
ajfa-4501	168	19	the	the	DET
ajfa-4501	168	20	number	number	NOUN
ajfa-4501	168	21	of	of	ADP
ajfa-4501	168	22	individual	individual	ADJ
ajfa-4501	168	23	elements	element	NOUN
ajfa-4501	168	24	comprising	comprise	VERB
ajfa-4501	168	25	the	the	DET
ajfa-4501	168	26	accounting	accounting	NOUN
ajfa-4501	168	27	systems	system	NOUN
ajfa-4501	168	28	as	as	ADV
ajfa-4501	168	29	well	well	ADV
ajfa-4501	168	30	as	as	ADP
ajfa-4501	168	31	the	the	PRON
ajfa-4501	168	32	greater	great	ADJ
ajfa-4501	168	33	the	the	DET
ajfa-4501	168	34	required	required	ADJ
ajfa-4501	168	35	number	number	NOUN
ajfa-4501	168	36	of	of	ADP
ajfa-4501	168	37	formal	formal	ADJ
ajfa-4501	168	38	control	control	NOUN
ajfa-4501	168	39	activities	activity	NOUN
ajfa-4501	168	40	and	and	CCONJ
ajfa-4501	168	41	thus	thus	ADV
ajfa-4501	168	42	the	the	DET
ajfa-4501	168	43	greater	great	ADJ
ajfa-4501	168	44	amount	amount	NOUN
ajfa-4501	168	45	of	of	ADP
ajfa-4501	168	46	input	input	NOUN
ajfa-4501	168	47	hours	hour	NOUN
ajfa-4501	168	48	,	,	PUNCT
ajfa-4501	168	49	audit	audit	NOUN
ajfa-4501	168	50	efforts	effort	NOUN
ajfa-4501	168	51	and	and	CCONJ
ajfa-4501	168	52	audit	audit	NOUN
ajfa-4501	168	53	fees	fee	NOUN
ajfa-4501	168	54	required	require	VERB
ajfa-4501	168	55	.	.	PUNCT
ajfa-4501	169	1	previous	previous	ADJ
ajfa-4501	169	2	asian	asian	ADJ
ajfa-4501	169	3	journal	journal	NOUN
ajfa-4501	169	4	of	of	ADP
ajfa-4501	169	5	finance	finance	PROPN
ajfa-4501	169	6	&	&	CCONJ
ajfa-4501	169	7	accounting	accounting	PROPN
ajfa-4501	169	8	issn	issn	PROPN
ajfa-4501	169	9	1946	1946	NUM
ajfa-4501	169	10	-	-	PUNCT
ajfa-4501	169	11	052x	052x	NOUN
ajfa-4501	169	12	2013	2013	NUM
ajfa-4501	169	13	,	,	PUNCT
ajfa-4501	169	14	vol	vol	NOUN
ajfa-4501	169	15	.	.	PROPN
ajfa-4501	169	16	5	5	NUM
ajfa-4501	169	17	,	,	PUNCT
ajfa-4501	169	18	no	no	INTJ
ajfa-4501	169	19	.	.	NOUN
ajfa-4501	169	20	2	2	NUM
ajfa-4501	169	21	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-4501	169	22	313	313	NUM
ajfa-4501	169	23	literature	literature	NOUN
ajfa-4501	169	24	adopts	adopt	VERB
ajfa-4501	169	25	the	the	DET
ajfa-4501	169	26	total	total	ADJ
ajfa-4501	169	27	asset	asset	NOUN
ajfa-4501	169	28	variable	variable	NOUN
ajfa-4501	169	29	to	to	PART
ajfa-4501	169	30	measure	measure	VERB
ajfa-4501	169	31	client	client	NOUN
ajfa-4501	169	32	size	size	NOUN
ajfa-4501	169	33	and	and	CCONJ
ajfa-4501	169	34	to	to	PART
ajfa-4501	169	35	significantly	significantly	ADV
ajfa-4501	169	36	explain	explain	VERB
ajfa-4501	169	37	audit	audit	NOUN
ajfa-4501	169	38	fee	fee	NOUN
ajfa-4501	169	39	variability	variability	NOUN
ajfa-4501	169	40	in	in	ADP
ajfa-4501	169	41	cross	cross	ADJ
ajfa-4501	169	42	-	-	ADJ
ajfa-4501	169	43	sectional	sectional	ADJ
ajfa-4501	169	44	studies	study	NOUN
ajfa-4501	169	45	(	(	PUNCT
ajfa-4501	169	46	simunic	simunic	ADJ
ajfa-4501	169	47	,	,	PUNCT
ajfa-4501	169	48	1980	1980	NUM
ajfa-4501	169	49	;	;	PUNCT
ajfa-4501	169	50	francis	francis	PROPN
ajfa-4501	169	51	,	,	PUNCT
ajfa-4501	169	52	1984	1984	NUM
ajfa-4501	169	53	;	;	PUNCT
ajfa-4501	169	54	craswell	craswell	NOUN
ajfa-4501	169	55	et	et	PROPN
ajfa-4501	169	56	al	al	PROPN
ajfa-4501	169	57	.	.	PROPN
ajfa-4501	169	58	,	,	PUNCT
ajfa-4501	169	59	1995	1995	NUM
ajfa-4501	169	60	)	)	PUNCT
ajfa-4501	169	61	.	.	PUNCT
ajfa-4501	170	1	chow	chow	PROPN
ajfa-4501	170	2	(	(	PUNCT
ajfa-4501	170	3	1982	1982	NUM
ajfa-4501	170	4	)	)	PUNCT
ajfa-4501	170	5	applies	apply	VERB
ajfa-4501	170	6	agency	agency	NOUN
ajfa-4501	170	7	theory	theory	NOUN
ajfa-4501	170	8	to	to	PART
ajfa-4501	170	9	observe	observe	VERB
ajfa-4501	170	10	motivations	motivation	NOUN
ajfa-4501	170	11	behind	behind	ADP
ajfa-4501	170	12	companies	company	NOUN
ajfa-4501	170	13	appointing	appoint	VERB
ajfa-4501	170	14	auditors	auditor	NOUN
ajfa-4501	170	15	.	.	PUNCT
ajfa-4501	171	1	results	result	NOUN
ajfa-4501	171	2	indicate	indicate	VERB
ajfa-4501	171	3	that	that	SCONJ
ajfa-4501	171	4	client	client	NOUN
ajfa-4501	171	5	size	size	NOUN
ajfa-4501	171	6	appears	appear	VERB
ajfa-4501	171	7	to	to	PART
ajfa-4501	171	8	be	be	AUX
ajfa-4501	171	9	vital	vital	ADJ
ajfa-4501	171	10	in	in	ADP
ajfa-4501	171	11	explaining	explain	VERB
ajfa-4501	171	12	why	why	SCONJ
ajfa-4501	171	13	managers	manager	NOUN
ajfa-4501	171	14	request	request	VERB
ajfa-4501	171	15	audit	audit	NOUN
ajfa-4501	171	16	services	service	NOUN
ajfa-4501	171	17	.	.	PUNCT
ajfa-4501	172	1	accordingly	accordingly	ADV
ajfa-4501	172	2	companies	company	NOUN
ajfa-4501	172	3	pay	pay	VERB
ajfa-4501	172	4	greater	great	ADJ
ajfa-4501	172	5	audit	audit	NOUN
ajfa-4501	172	6	costs	cost	NOUN
ajfa-4501	172	7	when	when	SCONJ
ajfa-4501	172	8	audit	audit	NOUN
ajfa-4501	172	9	efforts	effort	NOUN
ajfa-4501	172	10	need	need	VERB
ajfa-4501	172	11	to	to	PART
ajfa-4501	172	12	expand	expand	VERB
ajfa-4501	172	13	for	for	ADP
ajfa-4501	172	14	large	large	ADJ
ajfa-4501	172	15	clients	client	NOUN
ajfa-4501	172	16	.	.	PUNCT
ajfa-4501	173	1	results	result	NOUN
ajfa-4501	173	2	across	across	ADP
ajfa-4501	173	3	virtually	virtually	ADV
ajfa-4501	173	4	all	all	PRON
ajfa-4501	173	5	published	publish	VERB
ajfa-4501	173	6	studies	study	NOUN
ajfa-4501	173	7	found	find	VERB
ajfa-4501	173	8	size	size	NOUN
ajfa-4501	173	9	to	to	PART
ajfa-4501	173	10	be	be	AUX
ajfa-4501	173	11	the	the	DET
ajfa-4501	173	12	most	most	ADV
ajfa-4501	173	13	dominant	dominant	ADJ
ajfa-4501	173	14	determinant	determinant	NOUN
ajfa-4501	173	15	of	of	ADP
ajfa-4501	173	16	audit	audit	NOUN
ajfa-4501	173	17	fees	fee	NOUN
ajfa-4501	173	18	,	,	PUNCT
ajfa-4501	173	19	which	which	PRON
ajfa-4501	173	20	is	be	AUX
ajfa-4501	173	21	expected	expect	VERB
ajfa-4501	173	22	to	to	PART
ajfa-4501	173	23	have	have	VERB
ajfa-4501	173	24	a	a	DET
ajfa-4501	173	25	positive	positive	ADJ
ajfa-4501	173	26	relationship	relationship	NOUN
ajfa-4501	173	27	with	with	ADP
ajfa-4501	173	28	fees	fee	NOUN
ajfa-4501	173	29	(	(	PUNCT
ajfa-4501	173	30	simunic	simunic	ADJ
ajfa-4501	173	31	1980	1980	NUM
ajfa-4501	173	32	)	)	PUNCT
ajfa-4501	173	33	.	.	PUNCT
ajfa-4501	174	1	the	the	DET
ajfa-4501	174	2	results	result	NOUN
ajfa-4501	174	3	of	of	ADP
ajfa-4501	174	4	hay	hay	PROPN
ajfa-4501	174	5	et	et	PROPN
ajfa-4501	174	6	al	al	PROPN
ajfa-4501	174	7	.	.	PROPN
ajfa-4501	174	8	(	(	PUNCT
ajfa-4501	174	9	2006	2006	NUM
ajfa-4501	174	10	)	)	PUNCT
ajfa-4501	174	11	,	,	PUNCT
ajfa-4501	174	12	find	find	VERB
ajfa-4501	174	13	size	size	NOUN
ajfa-4501	174	14	measures	measure	NOUN
ajfa-4501	174	15	are	be	AUX
ajfa-4501	174	16	overwhelmingly	overwhelmingly	ADV
ajfa-4501	174	17	positive	positive	ADJ
ajfa-4501	174	18	and	and	CCONJ
ajfa-4501	174	19	significant	significant	ADJ
ajfa-4501	174	20	.	.	PUNCT
ajfa-4501	175	1	likewise	likewise	ADV
ajfa-4501	175	2	,	,	PUNCT
ajfa-4501	175	3	audit	audit	NOUN
ajfa-4501	175	4	firms	firm	NOUN
ajfa-4501	175	5	charge	charge	VERB
ajfa-4501	175	6	higher	high	ADJ
ajfa-4501	175	7	audit	audit	NOUN
ajfa-4501	175	8	fees	fee	NOUN
ajfa-4501	175	9	for	for	ADP
ajfa-4501	175	10	private	private	ADJ
ajfa-4501	175	11	universities	university	NOUN
ajfa-4501	175	12	and	and	CCONJ
ajfa-4501	175	13	colleges	college	NOUN
ajfa-4501	175	14	perceived	perceive	VERB
ajfa-4501	175	15	to	to	PART
ajfa-4501	175	16	be	be	AUX
ajfa-4501	175	17	larger	large	ADJ
ajfa-4501	175	18	.	.	PUNCT
ajfa-4501	176	1	therefore	therefore	ADV
ajfa-4501	176	2	,	,	PUNCT
ajfa-4501	176	3	this	this	DET
ajfa-4501	176	4	study	study	NOUN
ajfa-4501	176	5	uses	use	VERB
ajfa-4501	176	6	a	a	DET
ajfa-4501	176	7	natural	natural	ADJ
ajfa-4501	176	8	log	log	NOUN
ajfa-4501	176	9	of	of	ADP
ajfa-4501	176	10	npos	npos	NOUN
ajfa-4501	176	11	’	'	PUNCT
ajfa-4501	176	12	total	total	ADJ
ajfa-4501	176	13	assets	asset	NOUN
ajfa-4501	176	14	(	(	PUNCT
ajfa-4501	176	15	lnasset	lnasset	NOUN
ajfa-4501	176	16	)	)	PUNCT
ajfa-4501	176	17	as	as	ADP
ajfa-4501	176	18	a	a	DET
ajfa-4501	176	19	proxy	proxy	NOUN
ajfa-4501	176	20	for	for	ADP
ajfa-4501	176	21	client	client	NOUN
ajfa-4501	176	22	size	size	NOUN
ajfa-4501	176	23	to	to	PART
ajfa-4501	176	24	control	control	VERB
ajfa-4501	176	25	the	the	DET
ajfa-4501	176	26	effects	effect	NOUN
ajfa-4501	176	27	of	of	ADP
ajfa-4501	176	28	client	client	NOUN
ajfa-4501	176	29	size	size	NOUN
ajfa-4501	176	30	on	on	ADP
ajfa-4501	176	31	audit	audit	NOUN
ajfa-4501	176	32	fees	fee	NOUN
ajfa-4501	176	33	.	.	PUNCT
ajfa-4501	177	1	client	client	NOUN
ajfa-4501	177	2	risk	risk	NOUN
ajfa-4501	177	3	auditors	auditor	NOUN
ajfa-4501	177	4	consider	consider	VERB
ajfa-4501	177	5	auditee	auditee	PROPN
ajfa-4501	177	6	’s	’s	PART
ajfa-4501	177	7	risks	risk	NOUN
ajfa-4501	177	8	in	in	ADP
ajfa-4501	177	9	determining	determine	VERB
ajfa-4501	177	10	audit	audit	NOUN
ajfa-4501	177	11	fees	fee	NOUN
ajfa-4501	177	12	.	.	PUNCT
ajfa-4501	178	1	auditors	auditor	NOUN
ajfa-4501	178	2	may	may	AUX
ajfa-4501	178	3	reduce	reduce	VERB
ajfa-4501	178	4	follow	follow	VERB
ajfa-4501	178	5	-	-	PUNCT
ajfa-4501	178	6	up	up	ADP
ajfa-4501	178	7	audits	audits	NOUN
ajfa-4501	178	8	to	to	PART
ajfa-4501	178	9	cut	cut	VERB
ajfa-4501	178	10	costs	cost	NOUN
ajfa-4501	178	11	since	since	SCONJ
ajfa-4501	178	12	auditors	auditor	NOUN
ajfa-4501	178	13	recognize	recognize	VERB
ajfa-4501	178	14	npo	npo	ADJ
ajfa-4501	178	15	clients	client	NOUN
ajfa-4501	178	16	(	(	PUNCT
ajfa-4501	178	17	private	private	ADJ
ajfa-4501	178	18	universities	university	NOUN
ajfa-4501	178	19	and	and	CCONJ
ajfa-4501	178	20	colleges	college	NOUN
ajfa-4501	178	21	)	)	PUNCT
ajfa-4501	178	22	with	with	ADP
ajfa-4501	178	23	steady	steady	ADJ
ajfa-4501	178	24	and	and	CCONJ
ajfa-4501	178	25	strong	strong	ADJ
ajfa-4501	178	26	financial	financial	ADJ
ajfa-4501	178	27	structures	structure	NOUN
ajfa-4501	178	28	as	as	ADP
ajfa-4501	178	29	having	have	VERB
ajfa-4501	178	30	low	low	ADJ
ajfa-4501	178	31	audit	audit	NOUN
ajfa-4501	178	32	risk	risk	NOUN
ajfa-4501	178	33	.	.	PUNCT
ajfa-4501	179	1	in	in	ADP
ajfa-4501	179	2	contrast	contrast	NOUN
ajfa-4501	179	3	,	,	PUNCT
ajfa-4501	179	4	the	the	PRON
ajfa-4501	179	5	higher	high	ADJ
ajfa-4501	179	6	the	the	DET
ajfa-4501	179	7	assessment	assessment	NOUN
ajfa-4501	179	8	level	level	NOUN
ajfa-4501	179	9	of	of	ADP
ajfa-4501	179	10	auditee	auditee	PROPN
ajfa-4501	179	11	’s	’s	PART
ajfa-4501	179	12	risk	risk	NOUN
ajfa-4501	179	13	,	,	PUNCT
ajfa-4501	179	14	the	the	PRON
ajfa-4501	179	15	higher	high	ADJ
ajfa-4501	179	16	the	the	DET
ajfa-4501	179	17	level	level	NOUN
ajfa-4501	179	18	of	of	ADP
ajfa-4501	179	19	audit	audit	NOUN
ajfa-4501	179	20	risk	risk	NOUN
ajfa-4501	179	21	.	.	PUNCT
ajfa-4501	180	1	a	a	DET
ajfa-4501	180	2	client	client	NOUN
ajfa-4501	180	3	with	with	ADP
ajfa-4501	180	4	higher	high	ADJ
ajfa-4501	180	5	audit	audit	NOUN
ajfa-4501	180	6	risk	risk	NOUN
ajfa-4501	180	7	requires	require	VERB
ajfa-4501	180	8	a	a	DET
ajfa-4501	180	9	greater	great	ADJ
ajfa-4501	180	10	amount	amount	NOUN
ajfa-4501	180	11	of	of	ADP
ajfa-4501	180	12	evidence	evidence	NOUN
ajfa-4501	180	13	to	to	PART
ajfa-4501	180	14	reduce	reduce	VERB
ajfa-4501	180	15	audit	audit	NOUN
ajfa-4501	180	16	risk	risk	NOUN
ajfa-4501	180	17	,	,	PUNCT
ajfa-4501	180	18	resulting	result	VERB
ajfa-4501	180	19	in	in	ADP
ajfa-4501	180	20	a	a	DET
ajfa-4501	180	21	correspondingly	correspondingly	ADV
ajfa-4501	180	22	high	high	ADJ
ajfa-4501	180	23	audit	audit	NOUN
ajfa-4501	180	24	fee	fee	NOUN
ajfa-4501	180	25	.	.	PUNCT
ajfa-4501	181	1	in	in	ADP
ajfa-4501	181	2	a	a	DET
ajfa-4501	181	3	word	word	NOUN
ajfa-4501	181	4	,	,	PUNCT
ajfa-4501	181	5	audit	audit	NOUN
ajfa-4501	181	6	fees	fee	NOUN
ajfa-4501	181	7	reflect	reflect	VERB
ajfa-4501	181	8	the	the	DET
ajfa-4501	181	9	risk	risk	NOUN
ajfa-4501	181	10	level	level	NOUN
ajfa-4501	181	11	of	of	ADP
ajfa-4501	181	12	npos	npos	NOUN
ajfa-4501	181	13	.	.	PUNCT
ajfa-4501	182	1	financial	financial	ADJ
ajfa-4501	182	2	structures	structure	NOUN
ajfa-4501	182	3	of	of	ADP
ajfa-4501	182	4	private	private	ADJ
ajfa-4501	182	5	universities	university	NOUN
ajfa-4501	182	6	and	and	CCONJ
ajfa-4501	182	7	colleges	college	NOUN
ajfa-4501	182	8	differ	differ	VERB
ajfa-4501	182	9	from	from	ADP
ajfa-4501	182	10	those	those	PRON
ajfa-4501	182	11	of	of	ADP
ajfa-4501	182	12	profit	profit	NOUN
ajfa-4501	182	13	organizations	organization	NOUN
ajfa-4501	182	14	;	;	PUNCT
ajfa-4501	182	15	the	the	DET
ajfa-4501	182	16	current	current	ADJ
ajfa-4501	182	17	study	study	NOUN
ajfa-4501	182	18	lacks	lack	VERB
ajfa-4501	182	19	insight	insight	NOUN
ajfa-4501	182	20	into	into	ADP
ajfa-4501	182	21	the	the	DET
ajfa-4501	182	22	relationship	relationship	NOUN
ajfa-4501	182	23	between	between	ADP
ajfa-4501	182	24	debt	debt	NOUN
ajfa-4501	182	25	ratio	ratio	NOUN
ajfa-4501	182	26	to	to	ADP
ajfa-4501	182	27	total	total	ADJ
ajfa-4501	182	28	assets	asset	NOUN
ajfa-4501	182	29	and	and	CCONJ
ajfa-4501	182	30	audit	audit	NOUN
ajfa-4501	182	31	fees	fee	NOUN
ajfa-4501	182	32	.	.	PUNCT
ajfa-4501	183	1	however	however	ADV
ajfa-4501	183	2	,	,	PUNCT
ajfa-4501	183	3	auditors	auditor	NOUN
ajfa-4501	183	4	consider	consider	VERB
ajfa-4501	183	5	other	other	ADJ
ajfa-4501	183	6	measures	measure	NOUN
ajfa-4501	183	7	as	as	ADP
ajfa-4501	183	8	a	a	DET
ajfa-4501	183	9	proxy	proxy	NOUN
ajfa-4501	183	10	for	for	ADP
ajfa-4501	183	11	auditee	auditee	NOUN
ajfa-4501	183	12	’s	’s	PART
ajfa-4501	183	13	risk	risk	NOUN
ajfa-4501	183	14	in	in	ADP
ajfa-4501	183	15	deciding	decide	VERB
ajfa-4501	183	16	audit	audit	NOUN
ajfa-4501	183	17	fees	fee	NOUN
ajfa-4501	183	18	.	.	PUNCT
ajfa-4501	184	1	this	this	DET
ajfa-4501	184	2	study	study	NOUN
ajfa-4501	184	3	proposes	propose	VERB
ajfa-4501	184	4	some	some	DET
ajfa-4501	184	5	proxy	proxy	ADJ
ajfa-4501	184	6	risk	risk	NOUN
ajfa-4501	184	7	variables	variable	NOUN
ajfa-4501	184	8	for	for	ADP
ajfa-4501	184	9	private	private	ADJ
ajfa-4501	184	10	universities	university	NOUN
ajfa-4501	184	11	and	and	CCONJ
ajfa-4501	184	12	colleges	college	NOUN
ajfa-4501	184	13	.	.	PUNCT
ajfa-4501	185	1	leverage	leverage	NOUN
ajfa-4501	185	2	measures	measure	VERB
ajfa-4501	185	3	the	the	DET
ajfa-4501	185	4	risk	risk	NOUN
ajfa-4501	185	5	of	of	ADP
ajfa-4501	185	6	client	client	NOUN
ajfa-4501	185	7	failure	failure	NOUN
ajfa-4501	185	8	,	,	PUNCT
ajfa-4501	185	9	which	which	PRON
ajfa-4501	185	10	potentially	potentially	ADV
ajfa-4501	185	11	exposes	expose	VERB
ajfa-4501	185	12	the	the	DET
ajfa-4501	185	13	auditor	auditor	NOUN
ajfa-4501	185	14	to	to	ADP
ajfa-4501	185	15	loss	loss	NOUN
ajfa-4501	185	16	(	(	PUNCT
ajfa-4501	185	17	simunic	simunic	ADJ
ajfa-4501	185	18	,	,	PUNCT
ajfa-4501	185	19	1980	1980	NUM
ajfa-4501	185	20	)	)	PUNCT
ajfa-4501	185	21	.	.	PUNCT
ajfa-4501	186	1	consequently	consequently	ADV
ajfa-4501	186	2	,	,	PUNCT
ajfa-4501	186	3	researchers	researcher	NOUN
ajfa-4501	186	4	generally	generally	ADV
ajfa-4501	186	5	expect	expect	VERB
ajfa-4501	186	6	to	to	PART
ajfa-4501	186	7	find	find	VERB
ajfa-4501	186	8	an	an	DET
ajfa-4501	186	9	association	association	NOUN
ajfa-4501	186	10	between	between	ADP
ajfa-4501	186	11	leverage	leverage	NOUN
ajfa-4501	186	12	of	of	ADP
ajfa-4501	186	13	a	a	DET
ajfa-4501	186	14	company	company	NOUN
ajfa-4501	186	15	and	and	CCONJ
ajfa-4501	186	16	its	its	PRON
ajfa-4501	186	17	audit	audit	NOUN
ajfa-4501	186	18	fees	fee	NOUN
ajfa-4501	186	19	.	.	PUNCT
ajfa-4501	187	1	the	the	DET
ajfa-4501	187	2	first	first	ADJ
ajfa-4501	187	3	proxy	proxy	NOUN
ajfa-4501	187	4	this	this	DET
ajfa-4501	187	5	study	study	NOUN
ajfa-4501	187	6	uses	use	VERB
ajfa-4501	187	7	for	for	ADP
ajfa-4501	187	8	risk	risk	NOUN
ajfa-4501	187	9	is	be	AUX
ajfa-4501	187	10	the	the	DET
ajfa-4501	187	11	ratio	ratio	NOUN
ajfa-4501	187	12	of	of	ADP
ajfa-4501	187	13	debt	debt	NOUN
ajfa-4501	187	14	to	to	ADP
ajfa-4501	187	15	total	total	ADJ
ajfa-4501	187	16	assets	asset	NOUN
ajfa-4501	187	17	(	(	PUNCT
ajfa-4501	187	18	debt	debt	NOUN
ajfa-4501	187	19	)	)	PUNCT
ajfa-4501	187	20	.	.	PUNCT
ajfa-4501	188	1	the	the	DET
ajfa-4501	188	2	second	second	ADJ
ajfa-4501	188	3	proxy	proxy	NOUN
ajfa-4501	188	4	for	for	ADP
ajfa-4501	188	5	risk	risk	NOUN
ajfa-4501	188	6	is	be	AUX
ajfa-4501	188	7	the	the	DET
ajfa-4501	188	8	ratio	ratio	NOUN
ajfa-4501	188	9	of	of	ADP
ajfa-4501	188	10	interest	interest	NOUN
ajfa-4501	188	11	expenses	expense	NOUN
ajfa-4501	188	12	to	to	ADP
ajfa-4501	188	13	net	net	ADJ
ajfa-4501	188	14	income	income	NOUN
ajfa-4501	188	15	(	(	PUNCT
ajfa-4501	188	16	int	int	NOUN
ajfa-4501	188	17	/	/	SYM
ajfa-4501	188	18	earn).this	earn).this	NOUN
ajfa-4501	188	19	research	research	NOUN
ajfa-4501	188	20	predicts	predict	VERB
ajfa-4501	188	21	a	a	DET
ajfa-4501	188	22	positive	positive	ADJ
ajfa-4501	188	23	correlation	correlation	NOUN
ajfa-4501	188	24	between	between	ADP
ajfa-4501	188	25	int	int	NOUN
ajfa-4501	188	26	/	/	SYM
ajfa-4501	188	27	earn	earn	NOUN
ajfa-4501	188	28	and	and	CCONJ
ajfa-4501	188	29	the	the	DET
ajfa-4501	188	30	natural	natural	ADJ
ajfa-4501	188	31	log	log	NOUN
ajfa-4501	188	32	of	of	ADP
ajfa-4501	188	33	audit	audit	NOUN
ajfa-4501	188	34	fees	fee	NOUN
ajfa-4501	188	35	(	(	PUNCT
ajfa-4501	188	36	lnau	lnau	PROPN
ajfa-4501	188	37	)	)	PUNCT
ajfa-4501	188	38	.	.	PUNCT
ajfa-4501	189	1	npos	npos	NOUN
ajfa-4501	189	2	achieving	achieve	VERB
ajfa-4501	189	3	better	well	ADJ
ajfa-4501	189	4	performance	performance	NOUN
ajfa-4501	189	5	receive	receive	VERB
ajfa-4501	189	6	more	more	ADJ
ajfa-4501	189	7	donations	donation	NOUN
ajfa-4501	189	8	from	from	ADP
ajfa-4501	189	9	the	the	DET
ajfa-4501	189	10	private	private	ADJ
ajfa-4501	189	11	sector	sector	NOUN
ajfa-4501	189	12	and	and	CCONJ
ajfa-4501	189	13	greater	great	ADJ
ajfa-4501	189	14	financial	financial	ADJ
ajfa-4501	189	15	support	support	NOUN
ajfa-4501	189	16	from	from	ADP
ajfa-4501	189	17	the	the	DET
ajfa-4501	189	18	government	government	NOUN
ajfa-4501	189	19	,	,	PUNCT
ajfa-4501	189	20	which	which	PRON
ajfa-4501	189	21	in	in	ADP
ajfa-4501	189	22	turn	turn	NOUN
ajfa-4501	189	23	brings	bring	VERB
ajfa-4501	189	24	about	about	ADP
ajfa-4501	189	25	a	a	DET
ajfa-4501	189	26	positive	positive	ADJ
ajfa-4501	189	27	image	image	NOUN
ajfa-4501	189	28	for	for	ADP
ajfa-4501	189	29	these	these	DET
ajfa-4501	189	30	npos	npos	NOUN
ajfa-4501	189	31	.	.	PUNCT
ajfa-4501	190	1	thus	thus	ADV
ajfa-4501	190	2	,	,	PUNCT
ajfa-4501	190	3	this	this	DET
ajfa-4501	190	4	work	work	NOUN
ajfa-4501	190	5	uses	use	VERB
ajfa-4501	190	6	the	the	DET
ajfa-4501	190	7	ratio	ratio	NOUN
ajfa-4501	190	8	of	of	ADP
ajfa-4501	190	9	subsidy	subsidy	NOUN
ajfa-4501	190	10	to	to	ADP
ajfa-4501	190	11	current	current	ADJ
ajfa-4501	190	12	revenues	revenue	NOUN
ajfa-4501	190	13	as	as	ADP
ajfa-4501	190	14	a	a	DET
ajfa-4501	190	15	proxy	proxy	NOUN
ajfa-4501	190	16	for	for	ADP
ajfa-4501	190	17	risk	risk	NOUN
ajfa-4501	190	18	.	.	PUNCT
ajfa-4501	191	1	in	in	ADP
ajfa-4501	191	2	the	the	DET
ajfa-4501	191	3	same	same	ADJ
ajfa-4501	191	4	way	way	NOUN
ajfa-4501	191	5	,	,	PUNCT
ajfa-4501	191	6	the	the	DET
ajfa-4501	191	7	ratio	ratio	NOUN
ajfa-4501	191	8	of	of	ADP
ajfa-4501	191	9	personal	personal	ADJ
ajfa-4501	191	10	donation	donation	NOUN
ajfa-4501	191	11	to	to	ADP
ajfa-4501	191	12	current	current	ADJ
ajfa-4501	191	13	revenues	revenue	NOUN
ajfa-4501	191	14	(	(	PUNCT
ajfa-4501	191	15	donate	donate	VERB
ajfa-4501	191	16	)	)	PUNCT
ajfa-4501	191	17	is	be	AUX
ajfa-4501	191	18	also	also	ADV
ajfa-4501	191	19	a	a	DET
ajfa-4501	191	20	proxy	proxy	NOUN
ajfa-4501	191	21	for	for	ADP
ajfa-4501	191	22	risk	risk	NOUN
ajfa-4501	191	23	.	.	PUNCT
ajfa-4501	192	1	high	high	ADJ
ajfa-4501	192	2	ratio	ratio	NOUN
ajfa-4501	192	3	of	of	ADP
ajfa-4501	192	4	current	current	ADJ
ajfa-4501	192	5	earnings	earning	NOUN
ajfa-4501	192	6	to	to	ADP
ajfa-4501	192	7	current	current	ADJ
ajfa-4501	192	8	revenue	revenue	NOUN
ajfa-4501	192	9	(	(	PUNCT
ajfa-4501	192	10	earn	earn	NOUN
ajfa-4501	192	11	)	)	PUNCT
ajfa-4501	192	12	represents	represent	VERB
ajfa-4501	192	13	a	a	DET
ajfa-4501	192	14	steady	steady	ADJ
ajfa-4501	192	15	financial	financial	ADJ
ajfa-4501	192	16	structure	structure	NOUN
ajfa-4501	192	17	of	of	ADP
ajfa-4501	192	18	an	an	DET
ajfa-4501	192	19	organization	organization	NOUN
ajfa-4501	192	20	that	that	PRON
ajfa-4501	192	21	leads	lead	VERB
ajfa-4501	192	22	to	to	ADP
ajfa-4501	192	23	lower	low	ADJ
ajfa-4501	192	24	operational	operational	ADJ
ajfa-4501	192	25	risk	risk	NOUN
ajfa-4501	192	26	.	.	PUNCT
ajfa-4501	193	1	these	these	DET
ajfa-4501	193	2	measures	measure	NOUN
ajfa-4501	193	3	,	,	PUNCT
ajfa-4501	193	4	except	except	SCONJ
ajfa-4501	193	5	for	for	ADP
ajfa-4501	193	6	int	int	NOUN
ajfa-4501	193	7	/	/	SYM
ajfa-4501	193	8	earn	earn	NOUN
ajfa-4501	193	9	,	,	PUNCT
ajfa-4501	193	10	have	have	VERB
ajfa-4501	193	11	an	an	DET
ajfa-4501	193	12	entirely	entirely	ADV
ajfa-4501	193	13	negative	negative	ADJ
ajfa-4501	193	14	impact	impact	NOUN
ajfa-4501	193	15	on	on	ADP
ajfa-4501	193	16	risks	risk	NOUN
ajfa-4501	193	17	faced	face	VERB
ajfa-4501	193	18	by	by	ADP
ajfa-4501	193	19	npos	npos	NOUN
ajfa-4501	193	20	,	,	PUNCT
ajfa-4501	193	21	showing	show	VERB
ajfa-4501	193	22	that	that	SCONJ
ajfa-4501	193	23	such	such	ADJ
ajfa-4501	193	24	measures	measure	NOUN
ajfa-4501	193	25	are	be	AUX
ajfa-4501	193	26	negatively	negatively	ADV
ajfa-4501	193	27	connected	connect	VERB
ajfa-4501	193	28	with	with	ADP
ajfa-4501	193	29	audit	audit	NOUN
ajfa-4501	193	30	fees	fee	NOUN
ajfa-4501	193	31	.	.	PUNCT
ajfa-4501	194	1	vafeas	vafea	NOUN
ajfa-4501	194	2	(	(	PUNCT
ajfa-4501	194	3	1999	1999	NUM
ajfa-4501	194	4	)	)	PUNCT
ajfa-4501	194	5	suggest	suggest	VERB
ajfa-4501	194	6	that	that	SCONJ
ajfa-4501	194	7	increasing	increase	VERB
ajfa-4501	194	8	number	number	NOUN
ajfa-4501	194	9	of	of	ADP
ajfa-4501	194	10	board	board	NOUN
ajfa-4501	194	11	meetings	meeting	NOUN
ajfa-4501	194	12	increases	increase	VERB
ajfa-4501	194	13	board	board	NOUN
ajfa-4501	194	14	effectiveness	effectiveness	NOUN
ajfa-4501	194	15	.	.	PUNCT
ajfa-4501	195	1	an	an	DET
ajfa-4501	195	2	effective	effective	ADJ
ajfa-4501	195	3	board	board	NOUN
ajfa-4501	195	4	of	of	ADP
ajfa-4501	195	5	directors	director	NOUN
ajfa-4501	195	6	of	of	ADP
ajfa-4501	195	7	npos	npos	NOUN
ajfa-4501	195	8	results	result	VERB
ajfa-4501	195	9	in	in	ADP
ajfa-4501	195	10	sound	sound	ADJ
ajfa-4501	195	11	corporate	corporate	ADJ
ajfa-4501	195	12	governance	governance	NOUN
ajfa-4501	195	13	of	of	ADP
ajfa-4501	195	14	the	the	DET
ajfa-4501	195	15	school	school	NOUN
ajfa-4501	195	16	due	due	ADP
ajfa-4501	195	17	to	to	ADP
ajfa-4501	195	18	reduced	reduce	VERB
ajfa-4501	195	19	organization	organization	NOUN
ajfa-4501	195	20	’s	’s	PART
ajfa-4501	195	21	operational	operational	ADJ
ajfa-4501	195	22	risk	risk	NOUN
ajfa-4501	195	23	.	.	PUNCT
ajfa-4501	196	1	all	all	DET
ajfa-4501	196	2	board	board	NOUN
ajfa-4501	196	3	expenditures	expenditure	NOUN
ajfa-4501	196	4	should	should	AUX
ajfa-4501	196	5	be	be	AUX
ajfa-4501	196	6	debited	debit	VERB
ajfa-4501	196	7	to	to	ADP
ajfa-4501	196	8	the	the	DET
ajfa-4501	196	9	board	board	NOUN
ajfa-4501	196	10	’s	’s	PART
ajfa-4501	196	11	expense	expense	NOUN
ajfa-4501	196	12	account	account	NOUN
ajfa-4501	196	13	which	which	PRON
ajfa-4501	196	14	usually	usually	ADV
ajfa-4501	196	15	includes	include	VERB
ajfa-4501	196	16	freight	freight	NOUN
ajfa-4501	196	17	costs	cost	NOUN
ajfa-4501	196	18	and	and	CCONJ
ajfa-4501	196	19	operation	operation	NOUN
ajfa-4501	196	20	costs	cost	NOUN
ajfa-4501	196	21	.	.	PUNCT
ajfa-4501	197	1	4	4	NUM
ajfa-4501	197	2	it	it	PRON
ajfa-4501	197	3	states	state	VERB
ajfa-4501	197	4	that	that	SCONJ
ajfa-4501	197	5	all	all	DET
ajfa-4501	197	6	operation	operation	NOUN
ajfa-4501	197	7	expenditures	expenditure	NOUN
ajfa-4501	197	8	should	should	AUX
ajfa-4501	197	9	relate	relate	VERB
ajfa-4501	197	10	to	to	ADP
ajfa-4501	197	11	board	board	NOUN
ajfa-4501	197	12	operation	operation	NOUN
ajfa-4501	197	13	only	only	ADV
ajfa-4501	197	14	,	,	PUNCT
ajfa-4501	197	15	and	and	CCONJ
ajfa-4501	197	16	does	do	AUX
ajfa-4501	197	17	not	not	PART
ajfa-4501	197	18	asian	asian	ADJ
ajfa-4501	197	19	journal	journal	NOUN
ajfa-4501	197	20	of	of	ADP
ajfa-4501	197	21	finance	finance	PROPN
ajfa-4501	197	22	&	&	CCONJ
ajfa-4501	197	23	accounting	accounting	PROPN
ajfa-4501	197	24	issn	issn	PROPN
ajfa-4501	197	25	1946	1946	NUM
ajfa-4501	197	26	-	-	PUNCT
ajfa-4501	197	27	052x	052x	NOUN
ajfa-4501	197	28	2013	2013	NUM
ajfa-4501	197	29	,	,	PUNCT
ajfa-4501	197	30	vol	vol	NOUN
ajfa-4501	197	31	.	.	PROPN
ajfa-4501	197	32	5	5	NUM
ajfa-4501	197	33	,	,	PUNCT
ajfa-4501	197	34	no	no	INTJ
ajfa-4501	197	35	.	.	NOUN
ajfa-4501	197	36	2	2	NUM
ajfa-4501	197	37	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-4501	197	38	314	314	NUM
ajfa-4501	197	39	allow	allow	VERB
ajfa-4501	197	40	any	any	DET
ajfa-4501	197	41	personal	personal	ADJ
ajfa-4501	197	42	spending	spending	NOUN
ajfa-4501	197	43	to	to	PART
ajfa-4501	197	44	be	be	AUX
ajfa-4501	197	45	recorded	record	VERB
ajfa-4501	197	46	on	on	ADP
ajfa-4501	197	47	the	the	DET
ajfa-4501	197	48	accounts	account	NOUN
ajfa-4501	197	49	.	.	PUNCT
ajfa-4501	198	1	this	this	DET
ajfa-4501	198	2	study	study	NOUN
ajfa-4501	198	3	therefore	therefore	ADV
ajfa-4501	198	4	reasonably	reasonably	ADV
ajfa-4501	198	5	predicts	predict	VERB
ajfa-4501	198	6	that	that	PRON
ajfa-4501	198	7	amount	amount	VERB
ajfa-4501	198	8	the	the	DET
ajfa-4501	198	9	board	board	NOUN
ajfa-4501	198	10	of	of	ADP
ajfa-4501	198	11	directors	director	NOUN
ajfa-4501	198	12	spends	spend	VERB
ajfa-4501	198	13	closely	closely	ADV
ajfa-4501	198	14	depends	depend	VERB
ajfa-4501	198	15	on	on	ADP
ajfa-4501	198	16	how	how	SCONJ
ajfa-4501	198	17	effective	effective	ADJ
ajfa-4501	198	18	the	the	DET
ajfa-4501	198	19	board	board	NOUN
ajfa-4501	198	20	operates	operate	VERB
ajfa-4501	198	21	.	.	PUNCT
ajfa-4501	199	1	a	a	DET
ajfa-4501	199	2	negative	negative	ADJ
ajfa-4501	199	3	relationship	relationship	NOUN
ajfa-4501	199	4	between	between	ADP
ajfa-4501	199	5	corporate	corporate	ADJ
ajfa-4501	199	6	governance	governance	NOUN
ajfa-4501	199	7	of	of	ADP
ajfa-4501	199	8	organization	organization	NOUN
ajfa-4501	199	9	and	and	CCONJ
ajfa-4501	199	10	audit	audit	NOUN
ajfa-4501	199	11	fees	fee	NOUN
ajfa-4501	199	12	is	be	AUX
ajfa-4501	199	13	accordingly	accordingly	ADV
ajfa-4501	199	14	expected	expect	VERB
ajfa-4501	199	15	.	.	PUNCT
ajfa-4501	200	1	the	the	DET
ajfa-4501	200	2	current	current	ADJ
ajfa-4501	200	3	work	work	NOUN
ajfa-4501	200	4	uses	use	VERB
ajfa-4501	200	5	the	the	DET
ajfa-4501	200	6	ratio	ratio	NOUN
ajfa-4501	200	7	of	of	ADP
ajfa-4501	200	8	board	board	NOUN
ajfa-4501	200	9	expenditures	expenditure	NOUN
ajfa-4501	200	10	to	to	ADP
ajfa-4501	200	11	current	current	ADJ
ajfa-4501	200	12	revenue	revenue	NOUN
ajfa-4501	200	13	(	(	PUNCT
ajfa-4501	200	14	board	board	NOUN
ajfa-4501	200	15	)	)	PUNCT
ajfa-4501	200	16	as	as	ADP
ajfa-4501	200	17	a	a	DET
ajfa-4501	200	18	proxy	proxy	NOUN
ajfa-4501	200	19	for	for	ADP
ajfa-4501	200	20	corporate	corporate	ADJ
ajfa-4501	200	21	governance	governance	NOUN
ajfa-4501	200	22	soundness	soundness	NOUN
ajfa-4501	200	23	with	with	ADP
ajfa-4501	200	24	regard	regard	NOUN
ajfa-4501	200	25	to	to	ADP
ajfa-4501	200	26	private	private	ADJ
ajfa-4501	200	27	colleges	college	NOUN
ajfa-4501	200	28	and	and	CCONJ
ajfa-4501	200	29	universities	university	NOUN
ajfa-4501	200	30	.	.	PUNCT
ajfa-4501	201	1	the	the	DET
ajfa-4501	201	2	more	more	ADV
ajfa-4501	201	3	effective	effective	ADJ
ajfa-4501	201	4	npo	npo	ADJ
ajfa-4501	201	5	operations	operation	NOUN
ajfa-4501	201	6	are	be	AUX
ajfa-4501	201	7	,	,	PUNCT
ajfa-4501	201	8	the	the	PRON
ajfa-4501	201	9	better	well	ADJ
ajfa-4501	201	10	the	the	DET
ajfa-4501	201	11	corporate	corporate	ADJ
ajfa-4501	201	12	governance	governance	NOUN
ajfa-4501	201	13	,	,	PUNCT
ajfa-4501	201	14	hence	hence	ADV
ajfa-4501	201	15	the	the	PRON
ajfa-4501	201	16	higher	high	ADJ
ajfa-4501	201	17	the	the	DET
ajfa-4501	201	18	related	related	ADJ
ajfa-4501	201	19	board	board	NOUN
ajfa-4501	201	20	expenditures	expenditure	NOUN
ajfa-4501	201	21	.	.	PUNCT
ajfa-4501	202	1	therefore	therefore	ADV
ajfa-4501	202	2	,	,	PUNCT
ajfa-4501	202	3	this	this	DET
ajfa-4501	202	4	work	work	NOUN
ajfa-4501	202	5	expects	expect	VERB
ajfa-4501	202	6	a	a	DET
ajfa-4501	202	7	negative	negative	ADJ
ajfa-4501	202	8	correlation	correlation	NOUN
ajfa-4501	202	9	between	between	ADP
ajfa-4501	202	10	board	board	NOUN
ajfa-4501	202	11	and	and	CCONJ
ajfa-4501	202	12	the	the	DET
ajfa-4501	202	13	natural	natural	ADJ
ajfa-4501	202	14	log	log	NOUN
ajfa-4501	202	15	of	of	ADP
ajfa-4501	202	16	the	the	DET
ajfa-4501	202	17	audit	audit	NOUN
ajfa-4501	202	18	fee	fee	NOUN
ajfa-4501	202	19	(	(	PUNCT
ajfa-4501	202	20	lnau	lnau	PROPN
ajfa-4501	202	21	)	)	PUNCT
ajfa-4501	202	22	.	.	PUNCT
ajfa-4501	203	1	client	client	NOUN
ajfa-4501	203	2	complexity	complexity	NOUN
ajfa-4501	203	3	researchers	researcher	NOUN
ajfa-4501	203	4	typically	typically	ADV
ajfa-4501	203	5	expect	expect	VERB
ajfa-4501	203	6	that	that	SCONJ
ajfa-4501	203	7	the	the	DET
ajfa-4501	203	8	more	more	ADV
ajfa-4501	203	9	complex	complex	ADJ
ajfa-4501	203	10	a	a	DET
ajfa-4501	203	11	client	client	NOUN
ajfa-4501	203	12	,	,	PUNCT
ajfa-4501	203	13	the	the	PRON
ajfa-4501	203	14	harder	hard	ADJ
ajfa-4501	203	15	it	it	PRON
ajfa-4501	203	16	is	be	AUX
ajfa-4501	203	17	to	to	PART
ajfa-4501	203	18	audit	audit	VERB
ajfa-4501	203	19	and	and	CCONJ
ajfa-4501	203	20	the	the	DET
ajfa-4501	203	21	more	more	ADJ
ajfa-4501	203	22	time	time	NOUN
ajfa-4501	203	23	is	be	AUX
ajfa-4501	203	24	consumed	consume	VERB
ajfa-4501	203	25	(	(	PUNCT
ajfa-4501	203	26	simunic	simunic	ADJ
ajfa-4501	203	27	,	,	PUNCT
ajfa-4501	203	28	1980	1980	NUM
ajfa-4501	203	29	;	;	PUNCT
ajfa-4501	203	30	hackenbrack	hackenbrack	NOUN
ajfa-4501	203	31	and	and	CCONJ
ajfa-4501	203	32	knechel	knechel	PROPN
ajfa-4501	203	33	,	,	PUNCT
ajfa-4501	203	34	1994	1994	NUM
ajfa-4501	203	35	)	)	PUNCT
ajfa-4501	203	36	.	.	PUNCT
ajfa-4501	204	1	the	the	DET
ajfa-4501	204	2	most	most	ADV
ajfa-4501	204	3	typical	typical	ADJ
ajfa-4501	204	4	indicator	indicator	NOUN
ajfa-4501	204	5	of	of	ADP
ajfa-4501	204	6	complexity	complexity	NOUN
ajfa-4501	204	7	for	for	ADP
ajfa-4501	204	8	profit	profit	NOUN
ajfa-4501	204	9	organizations	organization	NOUN
ajfa-4501	204	10	is	be	AUX
ajfa-4501	204	11	the	the	DET
ajfa-4501	204	12	number	number	NOUN
ajfa-4501	204	13	of	of	ADP
ajfa-4501	204	14	subsidiaries	subsidiary	NOUN
ajfa-4501	204	15	(	(	PUNCT
ajfa-4501	204	16	hay	hay	PROPN
ajfa-4501	204	17	et	et	PROPN
ajfa-4501	204	18	al	al	PROPN
ajfa-4501	204	19	.	.	PROPN
ajfa-4501	204	20	,	,	PUNCT
ajfa-4501	204	21	2006	2006	NUM
ajfa-4501	204	22	)	)	PUNCT
ajfa-4501	204	23	.	.	PUNCT
ajfa-4501	205	1	compared	compare	VERB
ajfa-4501	205	2	with	with	ADP
ajfa-4501	205	3	profit	profit	NOUN
ajfa-4501	205	4	organizations	organization	NOUN
ajfa-4501	205	5	or	or	CCONJ
ajfa-4501	205	6	subsidiaries	subsidiary	NOUN
ajfa-4501	205	7	,	,	PUNCT
ajfa-4501	205	8	private	private	ADJ
ajfa-4501	205	9	universities	university	NOUN
ajfa-4501	205	10	and	and	CCONJ
ajfa-4501	205	11	colleges	college	NOUN
ajfa-4501	205	12	have	have	VERB
ajfa-4501	205	13	subsidiary	subsidiary	NOUN
ajfa-4501	205	14	(	(	PUNCT
ajfa-4501	205	15	e.g.	e.g.	ADJ
ajfa-4501	205	16	,	,	PUNCT
ajfa-4501	205	17	hospital	hospital	NOUN
ajfa-4501	205	18	or	or	CCONJ
ajfa-4501	205	19	kindergarten	kindergarten	NOUN
ajfa-4501	205	20	)	)	PUNCT
ajfa-4501	205	21	operations	operation	NOUN
ajfa-4501	205	22	that	that	PRON
ajfa-4501	205	23	require	require	VERB
ajfa-4501	205	24	more	more	ADJ
ajfa-4501	205	25	audit	audit	NOUN
ajfa-4501	205	26	services	service	NOUN
ajfa-4501	205	27	and	and	CCONJ
ajfa-4501	205	28	time	time	NOUN
ajfa-4501	205	29	as	as	ADP
ajfa-4501	205	30	typical	typical	ADJ
ajfa-4501	205	31	school	school	NOUN
ajfa-4501	205	32	operations	operation	NOUN
ajfa-4501	205	33	and	and	CCONJ
ajfa-4501	205	34	subsidiaries	subsidiary	NOUN
ajfa-4501	205	35	are	be	AUX
ajfa-4501	205	36	totally	totally	ADV
ajfa-4501	205	37	different	different	ADJ
ajfa-4501	205	38	.	.	PUNCT
ajfa-4501	206	1	therefore	therefore	ADV
ajfa-4501	206	2	,	,	PUNCT
ajfa-4501	206	3	client	client	NOUN
ajfa-4501	206	4	complexity	complexity	NOUN
ajfa-4501	206	5	positively	positively	ADV
ajfa-4501	206	6	correlates	correlate	VERB
ajfa-4501	206	7	to	to	ADP
ajfa-4501	206	8	audit	audit	NOUN
ajfa-4501	206	9	fees	fee	NOUN
ajfa-4501	206	10	.	.	PUNCT
ajfa-4501	207	1	a	a	DET
ajfa-4501	207	2	university	university	NOUN
ajfa-4501	207	3	organization	organization	NOUN
ajfa-4501	207	4	is	be	AUX
ajfa-4501	207	5	also	also	ADV
ajfa-4501	207	6	larger	large	ADJ
ajfa-4501	207	7	and	and	CCONJ
ajfa-4501	207	8	more	more	ADV
ajfa-4501	207	9	complex	complex	ADJ
ajfa-4501	207	10	compared	compare	VERB
ajfa-4501	207	11	to	to	ADP
ajfa-4501	207	12	a	a	DET
ajfa-4501	207	13	college	college	NOUN
ajfa-4501	207	14	so	so	SCONJ
ajfa-4501	207	15	that	that	SCONJ
ajfa-4501	207	16	the	the	DET
ajfa-4501	207	17	universities	university	NOUN
ajfa-4501	207	18	have	have	VERB
ajfa-4501	207	19	greater	great	ADJ
ajfa-4501	207	20	potential	potential	ADJ
ajfa-4501	207	21	and	and	CCONJ
ajfa-4501	207	22	more	more	ADJ
ajfa-4501	207	23	opportunities	opportunity	NOUN
ajfa-4501	207	24	to	to	PART
ajfa-4501	207	25	acquire	acquire	VERB
ajfa-4501	207	26	proposed	propose	VERB
ajfa-4501	207	27	projects	project	NOUN
ajfa-4501	207	28	and	and	CCONJ
ajfa-4501	207	29	to	to	PART
ajfa-4501	207	30	develop	develop	VERB
ajfa-4501	207	31	continuous	continuous	ADJ
ajfa-4501	207	32	education	education	NOUN
ajfa-4501	207	33	than	than	SCONJ
ajfa-4501	207	34	most	most	ADJ
ajfa-4501	207	35	colleges	college	NOUN
ajfa-4501	207	36	do	do	VERB
ajfa-4501	207	37	.	.	PUNCT
ajfa-4501	208	1	the	the	DET
ajfa-4501	208	2	current	current	ADJ
ajfa-4501	208	3	study	study	NOUN
ajfa-4501	208	4	also	also	ADV
ajfa-4501	208	5	conjectures	conjecture	VERB
ajfa-4501	208	6	that	that	SCONJ
ajfa-4501	208	7	auditors	auditor	NOUN
ajfa-4501	208	8	will	will	AUX
ajfa-4501	208	9	charge	charge	VERB
ajfa-4501	208	10	a	a	DET
ajfa-4501	208	11	university	university	NOUN
ajfa-4501	208	12	higher	high	ADJ
ajfa-4501	208	13	audit	audit	NOUN
ajfa-4501	208	14	fees	fee	NOUN
ajfa-4501	208	15	than	than	ADP
ajfa-4501	208	16	a	a	DET
ajfa-4501	208	17	college	college	NOUN
ajfa-4501	208	18	.	.	PUNCT
ajfa-4501	209	1	as	as	SCONJ
ajfa-4501	209	2	discussed	discuss	VERB
ajfa-4501	209	3	above	above	ADV
ajfa-4501	209	4	,	,	PUNCT
ajfa-4501	209	5	this	this	DET
ajfa-4501	209	6	study	study	NOUN
ajfa-4501	209	7	uses	use	VERB
ajfa-4501	209	8	two	two	NUM
ajfa-4501	209	9	variables	variable	NOUN
ajfa-4501	209	10	univ	univ	ADJ
ajfa-4501	209	11	and	and	CCONJ
ajfa-4501	209	12	opp	opp	PROPN
ajfa-4501	209	13	/	/	SYM
ajfa-4501	209	14	ta	ta	PROPN
ajfa-4501	209	15	to	to	PART
ajfa-4501	209	16	measure	measure	VERB
ajfa-4501	209	17	client	client	NOUN
ajfa-4501	209	18	complexity	complexity	NOUN
ajfa-4501	209	19	.	.	PUNCT
ajfa-4501	210	1	since	since	SCONJ
ajfa-4501	210	2	industry	industry	NOUN
ajfa-4501	210	3	experts	expert	NOUN
ajfa-4501	210	4	are	be	AUX
ajfa-4501	210	5	all	all	ADV
ajfa-4501	210	6	big	big	ADJ
ajfa-4501	210	7	4	4	NUM
ajfa-4501	210	8	,	,	PUNCT
ajfa-4501	210	9	the	the	DET
ajfa-4501	210	10	variable	variable	ADJ
ajfa-4501	210	11	big4	big4	NOUN
ajfa-4501	210	12	very	very	ADV
ajfa-4501	210	13	likely	likely	ADV
ajfa-4501	210	14	correlates	correlate	VERB
ajfa-4501	210	15	with	with	ADP
ajfa-4501	210	16	spe	spe	NOUN
ajfa-4501	210	17	,	,	PUNCT
ajfa-4501	210	18	leading	lead	VERB
ajfa-4501	210	19	to	to	ADP
ajfa-4501	210	20	the	the	DET
ajfa-4501	210	21	problem	problem	NOUN
ajfa-4501	210	22	of	of	ADP
ajfa-4501	210	23	variance	variance	NOUN
ajfa-4501	210	24	inflation	inflation	NOUN
ajfa-4501	210	25	,	,	PUNCT
ajfa-4501	210	26	and	and	CCONJ
ajfa-4501	210	27	hence	hence	ADV
ajfa-4501	210	28	the	the	DET
ajfa-4501	210	29	multicollinearity	multicollinearity	NOUN
ajfa-4501	210	30	problem	problem	NOUN
ajfa-4501	210	31	.	.	PUNCT
ajfa-4501	211	1	to	to	PART
ajfa-4501	211	2	avoid	avoid	VERB
ajfa-4501	211	3	the	the	DET
ajfa-4501	211	4	above	above	ADJ
ajfa-4501	211	5	biases	bias	NOUN
ajfa-4501	211	6	,	,	PUNCT
ajfa-4501	211	7	when	when	SCONJ
ajfa-4501	211	8	examining	examine	VERB
ajfa-4501	211	9	whether	whether	SCONJ
ajfa-4501	211	10	audit	audit	NOUN
ajfa-4501	211	11	fees	fee	NOUN
ajfa-4501	211	12	of	of	ADP
ajfa-4501	211	13	the	the	DET
ajfa-4501	211	14	professional	professional	ADJ
ajfa-4501	211	15	big	big	ADJ
ajfa-4501	211	16	4	4	NUM
ajfa-4501	211	17	are	be	AUX
ajfa-4501	211	18	higher	high	ADJ
ajfa-4501	211	19	than	than	ADP
ajfa-4501	211	20	those	those	PRON
ajfa-4501	211	21	of	of	ADP
ajfa-4501	211	22	the	the	DET
ajfa-4501	211	23	non	non	ADJ
ajfa-4501	211	24	-	-	ADJ
ajfa-4501	211	25	professional	professional	ADJ
ajfa-4501	211	26	big	big	ADJ
ajfa-4501	211	27	4	4	NUM
ajfa-4501	211	28	in	in	ADP
ajfa-4501	211	29	the	the	DET
ajfa-4501	211	30	industry	industry	NOUN
ajfa-4501	211	31	with	with	ADP
ajfa-4501	211	32	professional	professional	ADJ
ajfa-4501	211	33	cpa	cpa	NOUN
ajfa-4501	211	34	firms	firm	NOUN
ajfa-4501	211	35	,	,	PUNCT
ajfa-4501	211	36	this	this	DET
ajfa-4501	211	37	research	research	NOUN
ajfa-4501	211	38	uses	use	VERB
ajfa-4501	211	39	only	only	ADV
ajfa-4501	211	40	the	the	DET
ajfa-4501	211	41	schools	school	NOUN
ajfa-4501	211	42	audited	audit	VERB
ajfa-4501	211	43	by	by	ADP
ajfa-4501	211	44	the	the	DET
ajfa-4501	211	45	big	big	ADJ
ajfa-4501	211	46	4	4	NUM
ajfa-4501	211	47	to	to	PART
ajfa-4501	211	48	test	test	VERB
ajfa-4501	211	49	hypothesis	hypothesis	NOUN
ajfa-4501	211	50	3	3	NUM
ajfa-4501	211	51	.	.	PUNCT
ajfa-4501	212	1	the	the	DET
ajfa-4501	212	2	model	model	NOUN
ajfa-4501	212	3	is	be	AUX
ajfa-4501	212	4	as	as	SCONJ
ajfa-4501	212	5	follows	follow	VERB
ajfa-4501	212	6	:	:	PUNCT
ajfa-4501	212	7	lnaui	lnaui	NOUN
ajfa-4501	212	8	＝	＝	X
ajfa-4501	212	9	a	a	DET
ajfa-4501	212	10	＋	＋	X
ajfa-4501	212	11	1b	1b	NUM
ajfa-4501	212	12	year03i	year03i	NOUN
ajfa-4501	212	13	＋	＋	PUNCT
ajfa-4501	212	14	b2year02i	b2year02i	PROPN
ajfa-4501	212	15	＋	＋	PUNCT
ajfa-4501	212	16	b3spei	b3spei	PROPN
ajfa-4501	212	17	＋	＋	PUNCT
ajfa-4501	212	18	4b	4b	PROPN
ajfa-4501	212	19	lnasseti	lnasseti	PROPN
ajfa-4501	212	20	+	+	CCONJ
ajfa-4501	212	21	5b	5b	NUM
ajfa-4501	212	22	debti+	debti+	ADJ
ajfa-4501	212	23	6b	6b	NUM
ajfa-4501	212	24	int	int	NOUN
ajfa-4501	212	25	/	/	SYM
ajfa-4501	212	26	earni＋	earni＋	ADJ
ajfa-4501	212	27	7b	7b	NUM
ajfa-4501	212	28	boardi＋	boardi＋	PROPN
ajfa-4501	212	29	8b	8b	NUM
ajfa-4501	212	30	donatei	donatei	NOUN
ajfa-4501	212	31	＋	＋	X
ajfa-4501	212	32	9b	9b	X
ajfa-4501	212	33	earni	earni	ADJ
ajfa-4501	212	34	＋	＋	PUNCT
ajfa-4501	212	35	10b	10b	NUM
ajfa-4501	212	36	subsidyi＋	subsidyi＋	PROPN
ajfa-4501	212	37	11b	11b	NOUN
ajfa-4501	212	38	univi+	univi+	ADP
ajfa-4501	212	39	12b	12b	X
ajfa-4501	212	40	opp	opp	PROPN
ajfa-4501	212	41	/	/	SYM
ajfa-4501	212	42	tai	tai	PROPN
ajfa-4501	212	43	+	+	CCONJ
ajfa-4501	212	44	iε	iε	PROPN
ajfa-4501	212	45	(	(	PUNCT
ajfa-4501	212	46	2	2	NUM
ajfa-4501	212	47	)	)	PUNCT
ajfa-4501	212	48	where	where	SCONJ
ajfa-4501	212	49	,	,	PUNCT
ajfa-4501	212	50	spe	spe	PROPN
ajfa-4501	212	51	:	:	PUNCT
ajfa-4501	212	52	professional	professional	ADJ
ajfa-4501	212	53	cpa	cpa	NOUN
ajfa-4501	212	54	firms	firm	NOUN
ajfa-4501	212	55	;	;	PUNCT
ajfa-4501	212	56	equals	equal	VERB
ajfa-4501	212	57	to	to	ADP
ajfa-4501	212	58	1	1	NUM
ajfa-4501	212	59	when	when	SCONJ
ajfa-4501	212	60	the	the	DET
ajfa-4501	212	61	ratio	ratio	NOUN
ajfa-4501	212	62	of	of	ADP
ajfa-4501	212	63	audit	audit	NOUN
ajfa-4501	212	64	fees	fee	NOUN
ajfa-4501	212	65	over	over	ADP
ajfa-4501	212	66	total	total	ADJ
ajfa-4501	212	67	audit	audit	NOUN
ajfa-4501	212	68	fees	fee	NOUN
ajfa-4501	212	69	of	of	ADP
ajfa-4501	212	70	the	the	DET
ajfa-4501	212	71	schools	school	NOUN
ajfa-4501	212	72	is	be	AUX
ajfa-4501	212	73	greater	great	ADJ
ajfa-4501	212	74	than	than	ADP
ajfa-4501	212	75	10	10	NUM
ajfa-4501	212	76	%	%	NOUN
ajfa-4501	212	77	,	,	PUNCT
ajfa-4501	212	78	0	0	NUM
ajfa-4501	212	79	otherwise	otherwise	ADV
ajfa-4501	212	80	.	.	PUNCT
ajfa-4501	213	1	5	5	NUM
ajfa-4501	213	2	the	the	DET
ajfa-4501	213	3	other	other	ADJ
ajfa-4501	213	4	variables	variable	NOUN
ajfa-4501	213	5	are	be	AUX
ajfa-4501	213	6	defined	define	VERB
ajfa-4501	213	7	the	the	DET
ajfa-4501	213	8	same	same	ADJ
ajfa-4501	213	9	as	as	ADP
ajfa-4501	213	10	those	those	PRON
ajfa-4501	213	11	in	in	ADP
ajfa-4501	213	12	eq	eq	NOUN
ajfa-4501	213	13	(	(	PUNCT
ajfa-4501	213	14	1	1	NUM
ajfa-4501	213	15	)	)	PUNCT
ajfa-4501	213	16	.	.	PUNCT
ajfa-4501	214	1	finally	finally	ADV
ajfa-4501	214	2	,	,	PUNCT
ajfa-4501	214	3	this	this	DET
ajfa-4501	214	4	study	study	NOUN
ajfa-4501	214	5	uses	use	VERB
ajfa-4501	214	6	the	the	DET
ajfa-4501	214	7	whole	whole	ADJ
ajfa-4501	214	8	sample	sample	NOUN
ajfa-4501	214	9	to	to	PART
ajfa-4501	214	10	test	test	VERB
ajfa-4501	214	11	again	again	ADV
ajfa-4501	214	12	:	:	PUNCT
ajfa-4501	214	13	are	be	AUX
ajfa-4501	214	14	audit	audit	NOUN
ajfa-4501	214	15	fees	fee	NOUN
ajfa-4501	214	16	of	of	ADP
ajfa-4501	214	17	the	the	DET
ajfa-4501	214	18	professional	professional	ADJ
ajfa-4501	214	19	big	big	ADJ
ajfa-4501	214	20	4	4	NUM
ajfa-4501	214	21	greater	great	ADJ
ajfa-4501	214	22	than	than	ADP
ajfa-4501	214	23	those	those	PRON
ajfa-4501	214	24	of	of	ADP
ajfa-4501	214	25	the	the	DET
ajfa-4501	214	26	non	non	ADJ
ajfa-4501	214	27	-	-	ADJ
ajfa-4501	214	28	professional	professional	ADJ
ajfa-4501	214	29	big	big	ADJ
ajfa-4501	214	30	4	4	NUM
ajfa-4501	214	31	cpa	cpa	NOUN
ajfa-4501	214	32	firms	firm	NOUN
ajfa-4501	214	33	in	in	ADP
ajfa-4501	214	34	the	the	DET
ajfa-4501	214	35	industry	industry	NOUN
ajfa-4501	214	36	with	with	ADP
ajfa-4501	214	37	professional	professional	ADJ
ajfa-4501	214	38	cpa	cpa	NOUN
ajfa-4501	214	39	firms	firm	NOUN
ajfa-4501	214	40	?	?	PUNCT
ajfa-4501	215	1	the	the	DET
ajfa-4501	215	2	current	current	ADJ
ajfa-4501	215	3	work	work	NOUN
ajfa-4501	215	4	also	also	ADV
ajfa-4501	215	5	tests	test	VERB
ajfa-4501	215	6	whether	whether	SCONJ
ajfa-4501	215	7	audit	audit	NOUN
ajfa-4501	215	8	fees	fee	NOUN
ajfa-4501	215	9	charged	charge	VERB
ajfa-4501	215	10	by	by	ADP
ajfa-4501	215	11	the	the	DET
ajfa-4501	215	12	non	non	ADJ
ajfa-4501	215	13	-	-	ADJ
ajfa-4501	215	14	professional	professional	ADJ
ajfa-4501	215	15	asian	asian	ADJ
ajfa-4501	215	16	journal	journal	NOUN
ajfa-4501	215	17	of	of	ADP
ajfa-4501	215	18	finance	finance	PROPN
ajfa-4501	215	19	&	&	CCONJ
ajfa-4501	215	20	accounting	accounting	PROPN
ajfa-4501	215	21	issn	issn	PROPN
ajfa-4501	215	22	1946	1946	NUM
ajfa-4501	215	23	-	-	PUNCT
ajfa-4501	215	24	052x	052x	NOUN
ajfa-4501	215	25	2013	2013	NUM
ajfa-4501	215	26	,	,	PUNCT
ajfa-4501	215	27	vol	vol	NOUN
ajfa-4501	215	28	.	.	PROPN
ajfa-4501	215	29	5	5	NUM
ajfa-4501	215	30	,	,	PUNCT
ajfa-4501	215	31	no	no	INTJ
ajfa-4501	215	32	.	.	NOUN
ajfa-4501	215	33	2	2	NUM
ajfa-4501	215	34	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-4501	215	35	315	315	NUM
ajfa-4501	215	36	big	big	ADJ
ajfa-4501	215	37	4	4	NUM
ajfa-4501	215	38	contain	contain	VERB
ajfa-4501	215	39	trademark	trademark	NOUN
ajfa-4501	215	40	premiums	premium	NOUN
ajfa-4501	215	41	not	not	PART
ajfa-4501	215	42	found	find	VERB
ajfa-4501	215	43	in	in	ADP
ajfa-4501	215	44	the	the	DET
ajfa-4501	215	45	non	non	ADJ
ajfa-4501	215	46	-	-	ADJ
ajfa-4501	215	47	big	big	ADJ
ajfa-4501	215	48	4	4	NUM
ajfa-4501	215	49	cpa	cpa	NOUN
ajfa-4501	215	50	firms	firm	NOUN
ajfa-4501	215	51	,	,	PUNCT
ajfa-4501	215	52	i.e.	i.e.	X
ajfa-4501	215	53	,	,	PUNCT
ajfa-4501	215	54	when	when	SCONJ
ajfa-4501	215	55	the	the	DET
ajfa-4501	215	56	reputation	reputation	NOUN
ajfa-4501	215	57	of	of	ADP
ajfa-4501	215	58	attested	attest	VERB
ajfa-4501	215	59	cpa	cpa	NOUN
ajfa-4501	215	60	is	be	AUX
ajfa-4501	215	61	higher	high	ADJ
ajfa-4501	215	62	,	,	PUNCT
ajfa-4501	215	63	is	be	AUX
ajfa-4501	215	64	the	the	DET
ajfa-4501	215	65	information	information	NOUN
ajfa-4501	215	66	value	value	NOUN
ajfa-4501	215	67	greater	great	ADJ
ajfa-4501	215	68	?	?	PUNCT
ajfa-4501	216	1	because	because	SCONJ
ajfa-4501	216	2	professional	professional	ADJ
ajfa-4501	216	3	cpa	cpa	NOUN
ajfa-4501	216	4	firms	firm	NOUN
ajfa-4501	216	5	are	be	AUX
ajfa-4501	216	6	all	all	ADV
ajfa-4501	216	7	big	big	ADJ
ajfa-4501	216	8	4	4	NUM
ajfa-4501	216	9	,	,	PUNCT
ajfa-4501	216	10	therefore	therefore	ADV
ajfa-4501	216	11	,	,	PUNCT
ajfa-4501	216	12	the	the	DET
ajfa-4501	216	13	interaction	interaction	NOUN
ajfa-4501	216	14	term	term	NOUN
ajfa-4501	216	15	of	of	ADP
ajfa-4501	216	16	big4	big4	NOUN
ajfa-4501	216	17	and	and	CCONJ
ajfa-4501	216	18	spe	spe	X
ajfa-4501	216	19	is	be	AUX
ajfa-4501	216	20	the	the	DET
ajfa-4501	216	21	same	same	ADJ
ajfa-4501	216	22	as	as	ADP
ajfa-4501	216	23	spe	spe	NOUN
ajfa-4501	216	24	;	;	PUNCT
ajfa-4501	216	25	thus	thus	ADV
ajfa-4501	216	26	,	,	PUNCT
ajfa-4501	216	27	we	we	PRON
ajfa-4501	216	28	only	only	ADV
ajfa-4501	216	29	employ	employ	VERB
ajfa-4501	216	30	spe	spe	PROPN
ajfa-4501	216	31	.	.	PUNCT
ajfa-4501	217	1	eq	eq	X
ajfa-4501	217	2	(	(	PUNCT
ajfa-4501	217	3	3	3	X
ajfa-4501	217	4	)	)	PUNCT
ajfa-4501	217	5	is	be	AUX
ajfa-4501	217	6	again	again	ADV
ajfa-4501	217	7	used	use	VERB
ajfa-4501	217	8	to	to	PART
ajfa-4501	217	9	test	test	VERB
ajfa-4501	217	10	the	the	DET
ajfa-4501	217	11	hypotheses	hypothesis	NOUN
ajfa-4501	217	12	.	.	PUNCT
ajfa-4501	218	1	lnaui	lnaui	NOUN
ajfa-4501	218	2	＝	＝	X
ajfa-4501	218	3	a	a	DET
ajfa-4501	218	4	＋	＋	X
ajfa-4501	218	5	1b	1b	NUM
ajfa-4501	218	6	year03i	year03i	NOUN
ajfa-4501	218	7	＋	＋	PUNCT
ajfa-4501	218	8	b2year02i	b2year02i	PROPN
ajfa-4501	218	9	＋	＋	PROPN
ajfa-4501	218	10	b3	b3	PROPN
ajfa-4501	218	11	big4i	big4i	PROPN
ajfa-4501	218	12	＋	＋	PROPN
ajfa-4501	218	13	b4	b4	PROPN
ajfa-4501	218	14	spei+	spei+	NOUN
ajfa-4501	218	15	5b	5b	VERB
ajfa-4501	218	16	lnasseti	lnasseti	NOUN
ajfa-4501	218	17	+	+	CCONJ
ajfa-4501	218	18	6b	6b	X
ajfa-4501	218	19	debti+	debti+	VERB
ajfa-4501	218	20	7b	7b	NUM
ajfa-4501	218	21	int	int	NOUN
ajfa-4501	218	22	/	/	SYM
ajfa-4501	218	23	earni＋	earni＋	NOUN
ajfa-4501	218	24	8b	8b	NUM
ajfa-4501	218	25	boardi	boardi	NOUN
ajfa-4501	218	26	＋	＋	SYM
ajfa-4501	218	27	9b	9b	PROPN
ajfa-4501	218	28	donatei＋	donatei＋	PROPN
ajfa-4501	218	29	10b	10b	NUM
ajfa-4501	218	30	earni	earni	ADJ
ajfa-4501	218	31	＋	＋	PUNCT
ajfa-4501	218	32	11b	11b	NOUN
ajfa-4501	218	33	subsidyi＋	subsidyi＋	PROPN
ajfa-4501	218	34	12b	12b	NOUN
ajfa-4501	218	35	univi+	univi+	X
ajfa-4501	218	36	13b	13b	X
ajfa-4501	218	37	opp	opp	PROPN
ajfa-4501	218	38	/	/	SYM
ajfa-4501	218	39	tai	tai	PROPN
ajfa-4501	219	1	+	+	CCONJ
ajfa-4501	219	2	iε	iε	PROPN
ajfa-4501	219	3	(	(	PUNCT
ajfa-4501	219	4	3	3	NUM
ajfa-4501	219	5	)	)	PUNCT
ajfa-4501	220	1	where	where	SCONJ
ajfa-4501	220	2	,	,	PUNCT
ajfa-4501	220	3	spe	spe	PROPN
ajfa-4501	220	4	:	:	PUNCT
ajfa-4501	220	5	professional	professional	ADJ
ajfa-4501	220	6	cpa	cpa	NOUN
ajfa-4501	220	7	firms	firm	NOUN
ajfa-4501	220	8	;	;	PUNCT
ajfa-4501	220	9	equals	equal	VERB
ajfa-4501	220	10	to	to	ADP
ajfa-4501	220	11	1	1	NUM
ajfa-4501	220	12	when	when	SCONJ
ajfa-4501	220	13	the	the	DET
ajfa-4501	220	14	ratio	ratio	NOUN
ajfa-4501	220	15	of	of	ADP
ajfa-4501	220	16	audit	audit	NOUN
ajfa-4501	220	17	fees	fee	NOUN
ajfa-4501	220	18	over	over	ADP
ajfa-4501	220	19	total	total	ADJ
ajfa-4501	220	20	audit	audit	NOUN
ajfa-4501	220	21	fees	fee	NOUN
ajfa-4501	220	22	of	of	ADP
ajfa-4501	220	23	the	the	DET
ajfa-4501	220	24	schools	school	NOUN
ajfa-4501	220	25	is	be	AUX
ajfa-4501	220	26	greater	great	ADJ
ajfa-4501	220	27	than	than	ADP
ajfa-4501	220	28	10	10	NUM
ajfa-4501	220	29	%	%	NOUN
ajfa-4501	220	30	,	,	PUNCT
ajfa-4501	220	31	0	0	NUM
ajfa-4501	220	32	otherwise	otherwise	ADV
ajfa-4501	220	33	.	.	PUNCT
ajfa-4501	221	1	the	the	DET
ajfa-4501	221	2	other	other	ADJ
ajfa-4501	221	3	variables	variable	NOUN
ajfa-4501	221	4	are	be	AUX
ajfa-4501	221	5	defined	define	VERB
ajfa-4501	221	6	the	the	DET
ajfa-4501	221	7	same	same	ADJ
ajfa-4501	221	8	as	as	ADP
ajfa-4501	221	9	those	those	PRON
ajfa-4501	221	10	in	in	ADP
ajfa-4501	221	11	eq	eq	NOUN
ajfa-4501	221	12	(	(	PUNCT
ajfa-4501	221	13	1	1	NUM
ajfa-4501	221	14	)	)	PUNCT
ajfa-4501	221	15	.	.	PUNCT
ajfa-4501	222	1	to	to	PART
ajfa-4501	222	2	test	test	VERB
ajfa-4501	222	3	robustness	robustness	NOUN
ajfa-4501	222	4	of	of	ADP
ajfa-4501	222	5	the	the	DET
ajfa-4501	222	6	results	result	NOUN
ajfa-4501	222	7	,	,	PUNCT
ajfa-4501	222	8	we	we	PRON
ajfa-4501	222	9	use	use	VERB
ajfa-4501	222	10	15	15	NUM
ajfa-4501	222	11	%	%	NOUN
ajfa-4501	222	12	as	as	ADP
ajfa-4501	222	13	the	the	DET
ajfa-4501	222	14	threshold	threshold	NOUN
ajfa-4501	222	15	to	to	PART
ajfa-4501	222	16	define	define	VERB
ajfa-4501	222	17	professional	professional	ADJ
ajfa-4501	222	18	cpa	cpa	NOUN
ajfa-4501	222	19	firms	firm	NOUN
ajfa-4501	222	20	in	in	ADP
ajfa-4501	222	21	the	the	DET
ajfa-4501	222	22	sensitivity	sensitivity	NOUN
ajfa-4501	222	23	test	test	NOUN
ajfa-4501	222	24	.	.	PUNCT
ajfa-4501	223	1	we	we	PRON
ajfa-4501	223	2	also	also	ADV
ajfa-4501	223	3	use	use	VERB
ajfa-4501	223	4	(	(	PUNCT
ajfa-4501	223	5	1	1	X
ajfa-4501	223	6	)	)	PUNCT
ajfa-4501	223	7	the	the	DET
ajfa-4501	223	8	ratio	ratio	NOUN
ajfa-4501	223	9	of	of	ADP
ajfa-4501	223	10	the	the	DET
ajfa-4501	223	11	number	number	NOUN
ajfa-4501	223	12	of	of	ADP
ajfa-4501	223	13	audited	audit	VERB
ajfa-4501	223	14	schools	school	NOUN
ajfa-4501	223	15	over	over	ADP
ajfa-4501	223	16	total	total	ADJ
ajfa-4501	223	17	schools	school	NOUN
ajfa-4501	223	18	and	and	CCONJ
ajfa-4501	223	19	(	(	PUNCT
ajfa-4501	223	20	2	2	X
ajfa-4501	223	21	)	)	PUNCT
ajfa-4501	223	22	the	the	DET
ajfa-4501	223	23	ratio	ratio	NOUN
ajfa-4501	223	24	of	of	ADP
ajfa-4501	223	25	total	total	ADJ
ajfa-4501	223	26	assets	asset	NOUN
ajfa-4501	223	27	of	of	ADP
ajfa-4501	223	28	schools	school	NOUN
ajfa-4501	223	29	audited	audit	VERB
ajfa-4501	223	30	over	over	ADP
ajfa-4501	223	31	total	total	ADJ
ajfa-4501	223	32	schools	school	NOUN
ajfa-4501	223	33	’	'	PUNCT
ajfa-4501	223	34	assets	asset	NOUN
ajfa-4501	223	35	as	as	ADP
ajfa-4501	223	36	the	the	DET
ajfa-4501	223	37	indicators	indicator	NOUN
ajfa-4501	223	38	of	of	ADP
ajfa-4501	223	39	industry	industry	NOUN
ajfa-4501	223	40	experts	expert	NOUN
ajfa-4501	223	41	,	,	PUNCT
ajfa-4501	223	42	and	and	CCONJ
ajfa-4501	223	43	adopt	adopt	VERB
ajfa-4501	223	44	10	10	NUM
ajfa-4501	223	45	%	%	NOUN
ajfa-4501	223	46	and	and	CCONJ
ajfa-4501	223	47	15	15	NUM
ajfa-4501	223	48	%	%	NOUN
ajfa-4501	223	49	thresholds	threshold	NOUN
ajfa-4501	223	50	,	,	PUNCT
ajfa-4501	223	51	separately	separately	ADV
ajfa-4501	223	52	,	,	PUNCT
ajfa-4501	223	53	to	to	PART
ajfa-4501	223	54	do	do	VERB
ajfa-4501	223	55	the	the	DET
ajfa-4501	223	56	sensitivity	sensitivity	NOUN
ajfa-4501	223	57	tests	test	NOUN
ajfa-4501	223	58	.	.	PUNCT
ajfa-4501	224	1	table	table	NOUN
ajfa-4501	224	2	3	3	NUM
ajfa-4501	224	3	.	.	PUNCT
ajfa-4501	225	1	expected	expect	VERB
ajfa-4501	225	2	empirical	empirical	ADJ
ajfa-4501	225	3	results	result	NOUN
ajfa-4501	225	4	independent	independent	ADJ
ajfa-4501	225	5	variables	variable	NOUN
ajfa-4501	225	6	eq(1	eq(1	PROPN
ajfa-4501	225	7	)	)	PUNCT
ajfa-4501	225	8	eq(2	eq(2	NOUN
ajfa-4501	225	9	)	)	PUNCT
ajfa-4501	225	10	eq(3	eq(3	PROPN
ajfa-4501	225	11	)	)	PUNCT
ajfa-4501	225	12	expected	expect	VERB
ajfa-4501	225	13	signs	sign	NOUN
ajfa-4501	225	14	year03	year03	VERB
ajfa-4501	225	15	hypothesis	hypothesis	NOUN
ajfa-4501	225	16	1	1	NUM
ajfa-4501	225	17	hypothesis	hypothesis	NOUN
ajfa-4501	225	18	1	1	NUM
ajfa-4501	225	19	hypothesis	hypothesis	NOUN
ajfa-4501	225	20	1	1	NUM
ajfa-4501	225	21	+	+	NUM
ajfa-4501	225	22	year02	year02	NOUN
ajfa-4501	225	23	control	control	PROPN
ajfa-4501	225	24	variable	variable	ADJ
ajfa-4501	225	25	control	control	PROPN
ajfa-4501	225	26	variable	variable	ADJ
ajfa-4501	225	27	control	control	NOUN
ajfa-4501	225	28	variable	variable	NOUN
ajfa-4501	225	29	?	?	PUNCT
ajfa-4501	226	1	big4	big4	PROPN
ajfa-4501	226	2	hypothesis	hypothesis	NOUN
ajfa-4501	226	3	2	2	NUM
ajfa-4501	226	4	-hypothesis	-hypothesis	NOUN
ajfa-4501	226	5	2	2	NUM
ajfa-4501	226	6	＋	＋	PUNCT
ajfa-4501	226	7	spe	spe	X
ajfa-4501	226	8	-hypothesis	-hypothesis	NOUN
ajfa-4501	226	9	3	3	NUM
ajfa-4501	226	10	hypothesis	hypothesis	NOUN
ajfa-4501	226	11	3	3	NUM
ajfa-4501	226	12	＋	＋	X
ajfa-4501	226	13	lnasset	lnasset	PROPN
ajfa-4501	226	14	control	control	PROPN
ajfa-4501	226	15	variable	variable	PROPN
ajfa-4501	226	16	control	control	PROPN
ajfa-4501	226	17	variable	variable	ADJ
ajfa-4501	226	18	control	control	NOUN
ajfa-4501	226	19	variable	variable	ADJ
ajfa-4501	226	20	＋	＋	PUNCT
ajfa-4501	226	21	debt	debt	NOUN
ajfa-4501	226	22	control	control	NOUN
ajfa-4501	226	23	variable	variable	ADJ
ajfa-4501	226	24	control	control	PROPN
ajfa-4501	226	25	variable	variable	ADJ
ajfa-4501	226	26	control	control	NOUN
ajfa-4501	226	27	variable	variable	NOUN
ajfa-4501	226	28	？	？	PUNCT
ajfa-4501	226	29	int	int	NOUN
ajfa-4501	226	30	/	/	SYM
ajfa-4501	226	31	earn	earn	NOUN
ajfa-4501	226	32	control	control	NOUN
ajfa-4501	226	33	variable	variable	ADJ
ajfa-4501	226	34	control	control	PROPN
ajfa-4501	226	35	variable	variable	ADJ
ajfa-4501	226	36	control	control	PROPN
ajfa-4501	226	37	variable	variable	ADJ
ajfa-4501	226	38	＋	＋	PUNCT
ajfa-4501	226	39	board	board	PROPN
ajfa-4501	226	40	control	control	PROPN
ajfa-4501	226	41	variable	variable	ADJ
ajfa-4501	226	42	control	control	PROPN
ajfa-4501	226	43	variable	variable	ADJ
ajfa-4501	226	44	control	control	NOUN
ajfa-4501	226	45	variable	variable	NOUN
ajfa-4501	226	46	－	－	PROPN
ajfa-4501	226	47	donate	donate	VERB
ajfa-4501	226	48	control	control	NOUN
ajfa-4501	226	49	variable	variable	ADJ
ajfa-4501	226	50	control	control	NOUN
ajfa-4501	226	51	variable	variable	ADJ
ajfa-4501	226	52	control	control	PROPN
ajfa-4501	226	53	variable	variable	NOUN
ajfa-4501	226	54	－	－	PROPN
ajfa-4501	226	55	earn	earn	NOUN
ajfa-4501	226	56	control	control	NOUN
ajfa-4501	226	57	variable	variable	ADJ
ajfa-4501	226	58	control	control	PROPN
ajfa-4501	226	59	variable	variable	ADJ
ajfa-4501	226	60	control	control	NOUN
ajfa-4501	226	61	variable	variable	ADJ
ajfa-4501	226	62	－	－	ADJ
ajfa-4501	226	63	subsidy	subsidy	NOUN
ajfa-4501	226	64	control	control	NOUN
ajfa-4501	226	65	variable	variable	ADJ
ajfa-4501	226	66	control	control	PROPN
ajfa-4501	226	67	variable	variable	ADJ
ajfa-4501	226	68	control	control	PROPN
ajfa-4501	226	69	variable	variable	NOUN
ajfa-4501	226	70	－	－	PROPN
ajfa-4501	226	71	univ	univ	ADJ
ajfa-4501	226	72	control	control	PROPN
ajfa-4501	226	73	variable	variable	PROPN
ajfa-4501	226	74	control	control	PROPN
ajfa-4501	226	75	variable	variable	ADJ
ajfa-4501	226	76	control	control	NOUN
ajfa-4501	226	77	variable	variable	NOUN
ajfa-4501	226	78	＋	＋	PUNCT
ajfa-4501	226	79	opp	opp	PROPN
ajfa-4501	226	80	/	/	SYM
ajfa-4501	226	81	ta	ta	PROPN
ajfa-4501	226	82	control	control	VERB
ajfa-4501	226	83	variable	variable	ADJ
ajfa-4501	226	84	control	control	PROPN
ajfa-4501	226	85	variable	variable	ADJ
ajfa-4501	226	86	control	control	NOUN
ajfa-4501	226	87	variable	variable	ADJ
ajfa-4501	226	88	＋	＋	PUNCT
ajfa-4501	226	89	year03	year03	NOUN
ajfa-4501	226	90	:	:	PUNCT
ajfa-4501	226	91	dummy	dummy	ADJ
ajfa-4501	226	92	variable	variable	NOUN
ajfa-4501	226	93	,	,	PUNCT
ajfa-4501	226	94	equals	equal	VERB
ajfa-4501	226	95	to	to	ADP
ajfa-4501	226	96	one	one	NUM
ajfa-4501	227	1	if	if	SCONJ
ajfa-4501	227	2	academic	academic	ADJ
ajfa-4501	227	3	year	year	NOUN
ajfa-4501	227	4	2003	2003	NUM
ajfa-4501	227	5	,	,	PUNCT
ajfa-4501	227	6	and	and	CCONJ
ajfa-4501	227	7	zero	zero	NUM
ajfa-4501	227	8	otherwise	otherwise	ADV
ajfa-4501	227	9	.	.	PUNCT
ajfa-4501	228	1	year02	year02	NOUN
ajfa-4501	228	2	:	:	PUNCT
ajfa-4501	228	3	dummy	dummy	ADJ
ajfa-4501	228	4	variable	variable	NOUN
ajfa-4501	228	5	,	,	PUNCT
ajfa-4501	228	6	equals	equal	VERB
ajfa-4501	228	7	to	to	ADP
ajfa-4501	228	8	one	one	NUM
ajfa-4501	228	9	if	if	SCONJ
ajfa-4501	228	10	academic	academic	ADJ
ajfa-4501	228	11	year	year	NOUN
ajfa-4501	228	12	2002	2002	NUM
ajfa-4501	228	13	,	,	PUNCT
ajfa-4501	228	14	and	and	CCONJ
ajfa-4501	228	15	zero	zero	NUM
ajfa-4501	228	16	otherwise	otherwise	ADV
ajfa-4501	228	17	.	.	PUNCT
ajfa-4501	229	1	big4	big4	NOUN
ajfa-4501	229	2	:	:	PUNCT
ajfa-4501	229	3	dummy	dummy	ADJ
ajfa-4501	229	4	variable	variable	NOUN
ajfa-4501	229	5	,	,	PUNCT
ajfa-4501	229	6	proxy	proxy	NOUN
ajfa-4501	229	7	for	for	ADP
ajfa-4501	229	8	audit	audit	NOUN
ajfa-4501	229	9	quality	quality	NOUN
ajfa-4501	229	10	,	,	PUNCT
ajfa-4501	229	11	equals	equal	VERB
ajfa-4501	229	12	to	to	ADP
ajfa-4501	229	13	one	one	NUM
ajfa-4501	229	14	if	if	SCONJ
ajfa-4501	229	15	audited	audit	VERB
ajfa-4501	229	16	by	by	ADP
ajfa-4501	229	17	big	big	ADJ
ajfa-4501	229	18	4	4	NUM
ajfa-4501	229	19	,	,	PUNCT
ajfa-4501	229	20	and	and	CCONJ
ajfa-4501	229	21	zero	zero	NUM
ajfa-4501	229	22	otherwise	otherwise	ADV
ajfa-4501	229	23	.	.	PUNCT
ajfa-4501	230	1	spe	spe	PROPN
ajfa-4501	230	2	:	:	PUNCT
ajfa-4501	230	3	professional	professional	ADJ
ajfa-4501	230	4	cpa	cpa	NOUN
ajfa-4501	230	5	firms	firm	NOUN
ajfa-4501	230	6	;	;	PUNCT
ajfa-4501	230	7	equals	equal	VERB
ajfa-4501	230	8	to	to	ADP
ajfa-4501	230	9	1	1	NUM
ajfa-4501	230	10	when	when	SCONJ
ajfa-4501	230	11	the	the	DET
ajfa-4501	230	12	ratio	ratio	NOUN
ajfa-4501	230	13	of	of	ADP
ajfa-4501	230	14	audit	audit	NOUN
ajfa-4501	230	15	fees	fee	NOUN
ajfa-4501	230	16	over	over	ADP
ajfa-4501	230	17	total	total	ADJ
ajfa-4501	230	18	audit	audit	NOUN
ajfa-4501	230	19	fees	fee	NOUN
ajfa-4501	230	20	of	of	ADP
ajfa-4501	230	21	the	the	DET
ajfa-4501	230	22	schools	school	NOUN
ajfa-4501	230	23	is	be	AUX
ajfa-4501	230	24	greater	great	ADJ
ajfa-4501	230	25	than	than	ADP
ajfa-4501	230	26	10	10	NUM
ajfa-4501	230	27	%	%	NOUN
ajfa-4501	230	28	or	or	CCONJ
ajfa-4501	230	29	15	15	NUM
ajfa-4501	230	30	%	%	NOUN
ajfa-4501	230	31	,	,	PUNCT
ajfa-4501	230	32	0	0	NUM
ajfa-4501	230	33	otherwise	otherwise	ADV
ajfa-4501	230	34	.	.	PUNCT
ajfa-4501	231	1	lnasset	lnasset	NOUN
ajfa-4501	231	2	:	:	PUNCT
ajfa-4501	231	3	natural	natural	ADJ
ajfa-4501	231	4	log	log	NOUN
ajfa-4501	231	5	of	of	ADP
ajfa-4501	231	6	total	total	ADJ
ajfa-4501	231	7	assets	asset	NOUN
ajfa-4501	231	8	of	of	ADP
ajfa-4501	231	9	private	private	ADJ
ajfa-4501	231	10	universities	university	NOUN
ajfa-4501	231	11	and	and	CCONJ
ajfa-4501	231	12	junior	junior	ADJ
ajfa-4501	231	13	colleges	college	NOUN
ajfa-4501	231	14	,	,	PUNCT
ajfa-4501	231	15	proxy	proxy	NOUN
ajfa-4501	231	16	for	for	ADP
ajfa-4501	231	17	size	size	NOUN
ajfa-4501	231	18	.	.	PUNCT
ajfa-4501	232	1	debt	debt	NOUN
ajfa-4501	232	2	:	:	PUNCT
ajfa-4501	232	3	the	the	DET
ajfa-4501	232	4	ratio	ratio	NOUN
ajfa-4501	232	5	of	of	ADP
ajfa-4501	232	6	debt	debt	NOUN
ajfa-4501	232	7	to	to	ADP
ajfa-4501	232	8	total	total	ADJ
ajfa-4501	232	9	assets	asset	NOUN
ajfa-4501	232	10	,	,	PUNCT
ajfa-4501	232	11	proxy	proxy	NOUN
ajfa-4501	232	12	for	for	ADP
ajfa-4501	232	13	risks	risk	NOUN
ajfa-4501	232	14	.	.	PUNCT
ajfa-4501	233	1	int	int	NOUN
ajfa-4501	233	2	/	/	SYM
ajfa-4501	233	3	earn	earn	NOUN
ajfa-4501	233	4	:	:	PUNCT
ajfa-4501	233	5	interest	interest	NOUN
ajfa-4501	233	6	expenses	expense	NOUN
ajfa-4501	233	7	divided	divide	VERB
ajfa-4501	233	8	by	by	ADP
ajfa-4501	233	9	current	current	ADJ
ajfa-4501	233	10	net	net	ADJ
ajfa-4501	233	11	income	income	NOUN
ajfa-4501	233	12	/	/	SYM
ajfa-4501	233	13	loss	loss	NOUN
ajfa-4501	233	14	,	,	PUNCT
ajfa-4501	233	15	proxy	proxy	NOUN
ajfa-4501	233	16	for	for	ADP
ajfa-4501	233	17	risks	risk	NOUN
ajfa-4501	233	18	.	.	PUNCT
ajfa-4501	234	1	board	board	NOUN
ajfa-4501	234	2	:	:	PUNCT
ajfa-4501	234	3	the	the	DET
ajfa-4501	234	4	ratio	ratio	NOUN
ajfa-4501	234	5	of	of	ADP
ajfa-4501	234	6	board	board	NOUN
ajfa-4501	234	7	expenditures	expenditure	NOUN
ajfa-4501	234	8	to	to	ADP
ajfa-4501	234	9	current	current	ADJ
ajfa-4501	234	10	revenues	revenue	NOUN
ajfa-4501	234	11	,	,	PUNCT
ajfa-4501	234	12	proxy	proxy	NOUN
ajfa-4501	234	13	for	for	ADP
ajfa-4501	234	14	risks	risk	NOUN
ajfa-4501	234	15	.	.	PUNCT
ajfa-4501	235	1	donate	donate	VERB
ajfa-4501	235	2	:	:	PUNCT
ajfa-4501	235	3	the	the	DET
ajfa-4501	235	4	ratio	ratio	NOUN
ajfa-4501	235	5	of	of	ADP
ajfa-4501	235	6	personal	personal	ADJ
ajfa-4501	235	7	donation	donation	NOUN
ajfa-4501	235	8	to	to	ADP
ajfa-4501	235	9	current	current	ADJ
ajfa-4501	235	10	revenues	revenue	NOUN
ajfa-4501	235	11	,	,	PUNCT
ajfa-4501	235	12	proxy	proxy	NOUN
ajfa-4501	235	13	for	for	ADP
ajfa-4501	235	14	risks	risk	NOUN
ajfa-4501	235	15	.	.	PUNCT
ajfa-4501	236	1	earn	earn	VERB
ajfa-4501	236	2	:	:	PUNCT
ajfa-4501	236	3	the	the	DET
ajfa-4501	236	4	ratio	ratio	NOUN
ajfa-4501	236	5	of	of	ADP
ajfa-4501	236	6	current	current	ADJ
ajfa-4501	236	7	earnings	earning	NOUN
ajfa-4501	236	8	to	to	ADP
ajfa-4501	236	9	current	current	ADJ
ajfa-4501	236	10	revenues	revenue	NOUN
ajfa-4501	236	11	,	,	PUNCT
ajfa-4501	236	12	proxy	proxy	NOUN
ajfa-4501	236	13	for	for	ADP
ajfa-4501	236	14	risks	risk	NOUN
ajfa-4501	236	15	.	.	PUNCT
ajfa-4501	237	1	asian	asian	ADJ
ajfa-4501	237	2	journal	journal	PROPN
ajfa-4501	237	3	of	of	ADP
ajfa-4501	237	4	finance	finance	PROPN
ajfa-4501	237	5	&	&	CCONJ
ajfa-4501	237	6	accounting	accounting	PROPN
ajfa-4501	237	7	issn	issn	PROPN
ajfa-4501	237	8	1946	1946	NUM
ajfa-4501	237	9	-	-	PUNCT
ajfa-4501	237	10	052x	052x	NOUN
ajfa-4501	237	11	2013	2013	NUM
ajfa-4501	237	12	,	,	PUNCT
ajfa-4501	237	13	vol	vol	NOUN
ajfa-4501	237	14	.	.	PROPN
ajfa-4501	237	15	5	5	NUM
ajfa-4501	237	16	,	,	PUNCT
ajfa-4501	237	17	no	no	INTJ
ajfa-4501	237	18	.	.	NOUN
ajfa-4501	237	19	2	2	NUM
ajfa-4501	237	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-4501	237	21	316	316	NUM
ajfa-4501	237	22	subsidy	subsidy	NOUN
ajfa-4501	237	23	:	:	PUNCT
ajfa-4501	237	24	the	the	DET
ajfa-4501	237	25	ratio	ratio	NOUN
ajfa-4501	237	26	of	of	ADP
ajfa-4501	237	27	subsidy	subsidy	NOUN
ajfa-4501	237	28	to	to	ADP
ajfa-4501	237	29	current	current	ADJ
ajfa-4501	237	30	revenues	revenue	NOUN
ajfa-4501	237	31	,	,	PUNCT
ajfa-4501	237	32	proxy	proxy	NOUN
ajfa-4501	237	33	for	for	ADP
ajfa-4501	237	34	risks	risk	NOUN
ajfa-4501	237	35	.	.	PUNCT
ajfa-4501	238	1	univ	univ	ADJ
ajfa-4501	238	2	:	:	PUNCT
ajfa-4501	238	3	equals	equal	VERB
ajfa-4501	238	4	to	to	ADP
ajfa-4501	238	5	one	one	NUM
ajfa-4501	238	6	if	if	SCONJ
ajfa-4501	238	7	university	university	NOUN
ajfa-4501	238	8	,	,	PUNCT
ajfa-4501	238	9	and	and	CCONJ
ajfa-4501	238	10	zero	zero	NUM
ajfa-4501	238	11	otherwise	otherwise	ADV
ajfa-4501	238	12	;	;	PUNCT
ajfa-4501	238	13	proxy	proxy	NOUN
ajfa-4501	238	14	for	for	ADP
ajfa-4501	238	15	complexity	complexity	NOUN
ajfa-4501	238	16	.	.	PUNCT
ajfa-4501	239	1	opp	opp	PROPN
ajfa-4501	239	2	/	/	SYM
ajfa-4501	239	3	ta	ta	PROPN
ajfa-4501	239	4	:	:	PUNCT
ajfa-4501	239	5	the	the	DET
ajfa-4501	239	6	ratio	ratio	NOUN
ajfa-4501	239	7	of	of	ADP
ajfa-4501	239	8	operating	operate	VERB
ajfa-4501	239	9	funds	fund	NOUN
ajfa-4501	239	10	to	to	ADP
ajfa-4501	239	11	total	total	ADJ
ajfa-4501	239	12	assets	asset	NOUN
ajfa-4501	239	13	,	,	PUNCT
ajfa-4501	239	14	proxy	proxy	NOUN
ajfa-4501	239	15	for	for	ADP
ajfa-4501	239	16	complexity	complexity	NOUN
ajfa-4501	239	17	.	.	PUNCT
ajfa-4501	240	1	4	4	X
ajfa-4501	240	2	.	.	X
ajfa-4501	240	3	empirical	empirical	ADJ
ajfa-4501	240	4	results	result	NOUN
ajfa-4501	240	5	and	and	CCONJ
ajfa-4501	240	6	analysis	analysis	NOUN
ajfa-4501	240	7	4.1	4.1	NUM
ajfa-4501	240	8	descriptive	descriptive	ADJ
ajfa-4501	240	9	statistics	statistic	NOUN
ajfa-4501	240	10	table	table	NOUN
ajfa-4501	240	11	4	4	NUM
ajfa-4501	240	12	indicates	indicate	VERB
ajfa-4501	240	13	the	the	DET
ajfa-4501	240	14	descriptive	descriptive	ADJ
ajfa-4501	240	15	statistics	statistic	NOUN
ajfa-4501	240	16	of	of	ADP
ajfa-4501	240	17	audit	audit	NOUN
ajfa-4501	240	18	fees	fee	NOUN
ajfa-4501	240	19	and	and	CCONJ
ajfa-4501	240	20	financial	financial	ADJ
ajfa-4501	240	21	data	datum	NOUN
ajfa-4501	240	22	of	of	ADP
ajfa-4501	240	23	sample	sample	NOUN
ajfa-4501	240	24	schools	school	NOUN
ajfa-4501	240	25	for	for	ADP
ajfa-4501	240	26	the	the	DET
ajfa-4501	240	27	2001	2001	NUM
ajfa-4501	240	28	-	-	SYM
ajfa-4501	240	29	2003	2003	NUM
ajfa-4501	240	30	academic	academic	ADJ
ajfa-4501	240	31	years	year	NOUN
ajfa-4501	240	32	.	.	PUNCT
ajfa-4501	241	1	the	the	DET
ajfa-4501	241	2	average	average	ADJ
ajfa-4501	241	3	audit	audit	NOUN
ajfa-4501	241	4	fee	fee	NOUN
ajfa-4501	241	5	for	for	ADP
ajfa-4501	241	6	the	the	DET
ajfa-4501	241	7	sample	sample	NOUN
ajfa-4501	241	8	schools	school	NOUN
ajfa-4501	241	9	is	be	AUX
ajfa-4501	241	10	nt$344,496	nt$344,496	PROPN
ajfa-4501	241	11	,	,	PUNCT
ajfa-4501	241	12	and	and	CCONJ
ajfa-4501	241	13	the	the	DET
ajfa-4501	241	14	minimum	minimum	NOUN
ajfa-4501	241	15	of	of	ADP
ajfa-4501	241	16	that	that	PRON
ajfa-4501	241	17	is	be	AUX
ajfa-4501	241	18	nt$142,500	nt$142,500	NUM
ajfa-4501	241	19	whereas	whereas	SCONJ
ajfa-4501	241	20	the	the	DET
ajfa-4501	241	21	maximum	maximum	NOUN
ajfa-4501	241	22	is	be	AUX
ajfa-4501	241	23	nt$850,480	nt$850,480	PRON
ajfa-4501	241	24	.	.	PUNCT
ajfa-4501	242	1	both	both	CCONJ
ajfa-4501	242	2	the	the	DET
ajfa-4501	242	3	academic	academic	ADJ
ajfa-4501	242	4	year	year	NOUN
ajfa-4501	242	5	2002	2002	NUM
ajfa-4501	242	6	and	and	CCONJ
ajfa-4501	242	7	2003	2003	NUM
ajfa-4501	242	8	consists	consist	VERB
ajfa-4501	242	9	of	of	ADP
ajfa-4501	242	10	33	33	NUM
ajfa-4501	242	11	%	%	NOUN
ajfa-4501	242	12	of	of	ADP
ajfa-4501	242	13	the	the	DET
ajfa-4501	242	14	sample	sample	NOUN
ajfa-4501	242	15	.	.	PUNCT
ajfa-4501	243	1	approximately	approximately	ADV
ajfa-4501	243	2	39	39	NUM
ajfa-4501	243	3	%	%	NOUN
ajfa-4501	243	4	of	of	ADP
ajfa-4501	243	5	the	the	DET
ajfa-4501	243	6	sample	sample	NOUN
ajfa-4501	243	7	schools	school	NOUN
ajfa-4501	243	8	are	be	AUX
ajfa-4501	243	9	audited	audit	VERB
ajfa-4501	243	10	by	by	ADP
ajfa-4501	243	11	the	the	DET
ajfa-4501	243	12	big	big	ADJ
ajfa-4501	243	13	4	4	NUM
ajfa-4501	243	14	.	.	PUNCT
ajfa-4501	244	1	the	the	DET
ajfa-4501	244	2	biggest	big	ADJ
ajfa-4501	244	3	school	school	NOUN
ajfa-4501	244	4	had	have	VERB
ajfa-4501	244	5	total	total	ADJ
ajfa-4501	244	6	assets	asset	NOUN
ajfa-4501	244	7	equivalent	equivalent	ADJ
ajfa-4501	244	8	to	to	ADP
ajfa-4501	244	9	nt$14.74	nt$14.74	NOUN
ajfa-4501	244	10	billion	billion	NUM
ajfa-4501	244	11	and	and	CCONJ
ajfa-4501	244	12	the	the	DET
ajfa-4501	244	13	smallest	small	ADJ
ajfa-4501	244	14	one	one	NOUN
ajfa-4501	244	15	had	have	VERB
ajfa-4501	244	16	total	total	ADJ
ajfa-4501	244	17	assets	asset	NOUN
ajfa-4501	244	18	about	about	ADP
ajfa-4501	244	19	nt$430	nt$430	NOUN
ajfa-4501	244	20	million	million	NUM
ajfa-4501	244	21	;	;	PUNCT
ajfa-4501	244	22	however	however	ADV
ajfa-4501	244	23	,	,	PUNCT
ajfa-4501	244	24	average	average	ADJ
ajfa-4501	244	25	total	total	ADJ
ajfa-4501	244	26	assets	asset	NOUN
ajfa-4501	244	27	are	be	AUX
ajfa-4501	244	28	nt$3.52	nt$3.52	NUM
ajfa-4501	244	29	billion	billion	NUM
ajfa-4501	244	30	.	.	PUNCT
ajfa-4501	245	1	generally	generally	ADV
ajfa-4501	245	2	speaking	speak	VERB
ajfa-4501	245	3	,	,	PUNCT
ajfa-4501	245	4	the	the	DET
ajfa-4501	245	5	ratio	ratio	NOUN
ajfa-4501	245	6	of	of	ADP
ajfa-4501	245	7	debt	debt	NOUN
ajfa-4501	245	8	to	to	ADP
ajfa-4501	245	9	total	total	ADJ
ajfa-4501	245	10	assets	asset	NOUN
ajfa-4501	245	11	for	for	ADP
ajfa-4501	245	12	private	private	ADJ
ajfa-4501	245	13	universities	university	NOUN
ajfa-4501	245	14	and	and	CCONJ
ajfa-4501	245	15	colleges	college	NOUN
ajfa-4501	245	16	can	can	AUX
ajfa-4501	245	17	not	not	PART
ajfa-4501	245	18	be	be	AUX
ajfa-4501	245	19	that	that	ADV
ajfa-4501	245	20	high	high	ADJ
ajfa-4501	246	1	and	and	CCONJ
ajfa-4501	246	2	so	so	ADV
ajfa-4501	246	3	it	it	PRON
ajfa-4501	246	4	ranges	range	VERB
ajfa-4501	246	5	from	from	ADP
ajfa-4501	246	6	1	1	NUM
ajfa-4501	246	7	%	%	NOUN
ajfa-4501	246	8	to	to	ADP
ajfa-4501	246	9	73	73	NUM
ajfa-4501	246	10	%	%	NOUN
ajfa-4501	246	11	with	with	ADP
ajfa-4501	246	12	a	a	DET
ajfa-4501	246	13	mean	mean	NOUN
ajfa-4501	246	14	of	of	ADP
ajfa-4501	246	15	14	14	NUM
ajfa-4501	246	16	%	%	NOUN
ajfa-4501	246	17	.	.	PUNCT
ajfa-4501	247	1	on	on	ADP
ajfa-4501	247	2	average	average	ADJ
ajfa-4501	247	3	,	,	PUNCT
ajfa-4501	247	4	the	the	DET
ajfa-4501	247	5	ratio	ratio	NOUN
ajfa-4501	247	6	of	of	ADP
ajfa-4501	247	7	interest	interest	NOUN
ajfa-4501	247	8	expenses	expense	NOUN
ajfa-4501	247	9	to	to	ADP
ajfa-4501	247	10	net	net	ADJ
ajfa-4501	247	11	income	income	NOUN
ajfa-4501	247	12	is	be	AUX
ajfa-4501	247	13	5	5	NUM
ajfa-4501	247	14	%	%	NOUN
ajfa-4501	247	15	(	(	PUNCT
ajfa-4501	247	16	maximum	maximum	NOUN
ajfa-4501	247	17	of	of	ADP
ajfa-4501	247	18	65	65	NUM
ajfa-4501	247	19	%	%	NOUN
ajfa-4501	247	20	)	)	PUNCT
ajfa-4501	247	21	.	.	PUNCT
ajfa-4501	248	1	as	as	ADP
ajfa-4501	248	2	for	for	ADP
ajfa-4501	248	3	the	the	DET
ajfa-4501	248	4	ratio	ratio	NOUN
ajfa-4501	248	5	of	of	ADP
ajfa-4501	248	6	personal	personal	ADJ
ajfa-4501	248	7	donations	donation	NOUN
ajfa-4501	248	8	to	to	ADP
ajfa-4501	248	9	current	current	ADJ
ajfa-4501	248	10	revenues	revenue	NOUN
ajfa-4501	248	11	,	,	PUNCT
ajfa-4501	248	12	the	the	DET
ajfa-4501	248	13	mean	mean	NOUN
ajfa-4501	248	14	is	be	AUX
ajfa-4501	248	15	5	5	NUM
ajfa-4501	248	16	%	%	NOUN
ajfa-4501	248	17	(	(	PUNCT
ajfa-4501	248	18	maximum	maximum	NOUN
ajfa-4501	248	19	of	of	ADP
ajfa-4501	248	20	79	79	NUM
ajfa-4501	248	21	%	%	NOUN
ajfa-4501	248	22	)	)	PUNCT
ajfa-4501	248	23	.	.	PUNCT
ajfa-4501	249	1	on	on	ADP
ajfa-4501	249	2	average	average	ADJ
ajfa-4501	249	3	,	,	PUNCT
ajfa-4501	249	4	the	the	DET
ajfa-4501	249	5	ratio	ratio	NOUN
ajfa-4501	249	6	of	of	ADP
ajfa-4501	249	7	subsidy	subsidy	NOUN
ajfa-4501	249	8	to	to	ADP
ajfa-4501	249	9	current	current	ADJ
ajfa-4501	249	10	revenues	revenue	NOUN
ajfa-4501	249	11	is	be	AUX
ajfa-4501	249	12	13	13	NUM
ajfa-4501	249	13	%	%	NOUN
ajfa-4501	249	14	(	(	PUNCT
ajfa-4501	249	15	minimum	minimum	NOUN
ajfa-4501	249	16	of	of	ADP
ajfa-4501	249	17	3	3	NUM
ajfa-4501	249	18	%	%	NOUN
ajfa-4501	249	19	,	,	PUNCT
ajfa-4501	249	20	maximum	maximum	NOUN
ajfa-4501	249	21	of	of	ADP
ajfa-4501	249	22	35	35	NUM
ajfa-4501	249	23	%	%	NOUN
ajfa-4501	249	24	)	)	PUNCT
ajfa-4501	249	25	.	.	PUNCT
ajfa-4501	250	1	the	the	DET
ajfa-4501	250	2	average	average	ADJ
ajfa-4501	250	3	ratio	ratio	NOUN
ajfa-4501	250	4	of	of	ADP
ajfa-4501	250	5	current	current	ADJ
ajfa-4501	250	6	earnings	earning	NOUN
ajfa-4501	250	7	to	to	ADP
ajfa-4501	250	8	current	current	ADJ
ajfa-4501	250	9	revenues	revenue	NOUN
ajfa-4501	250	10	is	be	AUX
ajfa-4501	250	11	28	28	NUM
ajfa-4501	250	12	%	%	NOUN
ajfa-4501	250	13	(	(	PUNCT
ajfa-4501	250	14	minimum	minimum	NOUN
ajfa-4501	250	15	of	of	ADP
ajfa-4501	250	16	-26	-26	PROPN
ajfa-4501	250	17	%	%	NOUN
ajfa-4501	250	18	,	,	PUNCT
ajfa-4501	250	19	maximum	maximum	NOUN
ajfa-4501	250	20	of	of	ADP
ajfa-4501	250	21	70	70	NUM
ajfa-4501	250	22	%	%	NOUN
ajfa-4501	250	23	)	)	PUNCT
ajfa-4501	250	24	.	.	PUNCT
ajfa-4501	251	1	private	private	ADJ
ajfa-4501	251	2	universities	university	NOUN
ajfa-4501	251	3	made	make	VERB
ajfa-4501	251	4	up	up	ADP
ajfa-4501	251	5	33	33	NUM
ajfa-4501	251	6	%	%	NOUN
ajfa-4501	251	7	of	of	ADP
ajfa-4501	251	8	the	the	DET
ajfa-4501	251	9	sample	sample	NOUN
ajfa-4501	251	10	.	.	PUNCT
ajfa-4501	252	1	as	as	ADP
ajfa-4501	252	2	for	for	ADP
ajfa-4501	252	3	the	the	DET
ajfa-4501	252	4	ratio	ratio	NOUN
ajfa-4501	252	5	of	of	ADP
ajfa-4501	252	6	operating	operate	VERB
ajfa-4501	252	7	funds	fund	NOUN
ajfa-4501	252	8	to	to	ADP
ajfa-4501	252	9	total	total	ADJ
ajfa-4501	252	10	assets	asset	NOUN
ajfa-4501	252	11	,	,	PUNCT
ajfa-4501	252	12	the	the	DET
ajfa-4501	252	13	mean	mean	NOUN
ajfa-4501	252	14	is	be	AUX
ajfa-4501	252	15	2	2	NUM
ajfa-4501	252	16	%	%	NOUN
ajfa-4501	252	17	(	(	PUNCT
ajfa-4501	252	18	maximum	maximum	NOUN
ajfa-4501	252	19	of	of	ADP
ajfa-4501	252	20	61	61	NUM
ajfa-4501	252	21	%	%	NOUN
ajfa-4501	252	22	)	)	PUNCT
ajfa-4501	252	23	4.2	4.2	NUM
ajfa-4501	252	24	test	test	NOUN
ajfa-4501	252	25	of	of	ADP
ajfa-4501	252	26	multicollinearity	multicollinearity	NOUN
ajfa-4501	252	27	table	table	NOUN
ajfa-4501	252	28	5	5	NUM
ajfa-4501	252	29	presents	present	NOUN
ajfa-4501	252	30	results	result	NOUN
ajfa-4501	252	31	of	of	ADP
ajfa-4501	252	32	the	the	DET
ajfa-4501	252	33	pearson	pearson	NOUN
ajfa-4501	252	34	correlation	correlation	NOUN
ajfa-4501	252	35	analysis	analysis	NOUN
ajfa-4501	252	36	.	.	PUNCT
ajfa-4501	253	1	among	among	ADP
ajfa-4501	253	2	the	the	DET
ajfa-4501	253	3	independent	independent	ADJ
ajfa-4501	253	4	variables	variable	NOUN
ajfa-4501	253	5	,	,	PUNCT
ajfa-4501	253	6	as	as	SCONJ
ajfa-4501	253	7	table	table	NOUN
ajfa-4501	253	8	5	5	NUM
ajfa-4501	253	9	indicates	indicate	VERB
ajfa-4501	253	10	,	,	PUNCT
ajfa-4501	253	11	there	there	PRON
ajfa-4501	253	12	are	be	VERB
ajfa-4501	253	13	relatively	relatively	ADV
ajfa-4501	253	14	high	high	ADJ
ajfa-4501	253	15	correlations	correlation	NOUN
ajfa-4501	253	16	between	between	ADP
ajfa-4501	253	17	lnasset	lnasset	NOUN
ajfa-4501	253	18	and	and	CCONJ
ajfa-4501	253	19	univ	univ	ADJ
ajfa-4501	253	20	(	(	PUNCT
ajfa-4501	253	21	0.692	0.692	NUM
ajfa-4501	253	22	,	,	PUNCT
ajfa-4501	253	23	significant	significant	ADJ
ajfa-4501	253	24	at	at	ADP
ajfa-4501	253	25	the	the	DET
ajfa-4501	253	26	0.01	0.01	NUM
ajfa-4501	253	27	level	level	NOUN
ajfa-4501	253	28	)	)	PUNCT
ajfa-4501	253	29	,	,	PUNCT
ajfa-4501	253	30	year03	year03	NOUN
ajfa-4501	253	31	and	and	CCONJ
ajfa-4501	253	32	big	big	ADJ
ajfa-4501	253	33	4	4	NUM
ajfa-4501	253	34	(	(	PUNCT
ajfa-4501	253	35	0.561	0.561	NUM
ajfa-4501	253	36	,	,	PUNCT
ajfa-4501	253	37	significant	significant	ADJ
ajfa-4501	253	38	at	at	ADP
ajfa-4501	253	39	the	the	DET
ajfa-4501	253	40	0.01	0.01	NUM
ajfa-4501	253	41	level	level	NOUN
ajfa-4501	253	42	)	)	PUNCT
ajfa-4501	253	43	,	,	PUNCT
ajfa-4501	253	44	big	big	ADJ
ajfa-4501	253	45	4	4	NUM
ajfa-4501	253	46	and	and	CCONJ
ajfa-4501	253	47	spe(both	spe(both	NOUN
ajfa-4501	253	48	10	10	NUM
ajfa-4501	253	49	%	%	NOUN
ajfa-4501	253	50	and	and	CCONJ
ajfa-4501	253	51	15	15	NUM
ajfa-4501	253	52	%	%	NOUN
ajfa-4501	253	53	)	)	PUNCT
ajfa-4501	253	54	,	,	PUNCT
ajfa-4501	253	55	spe(10	spe(10	NOUN
ajfa-4501	253	56	%	%	NOUN
ajfa-4501	253	57	)	)	PUNCT
ajfa-4501	253	58	and	and	CCONJ
ajfa-4501	253	59	spe(15	spe(15	NOUN
ajfa-4501	253	60	%	%	NOUN
ajfa-4501	253	61	)	)	PUNCT
ajfa-4501	253	62	,	,	PUNCT
ajfa-4501	253	63	and	and	CCONJ
ajfa-4501	253	64	the	the	DET
ajfa-4501	253	65	remaining	remain	VERB
ajfa-4501	253	66	coefficients	coefficient	NOUN
ajfa-4501	253	67	are	be	AUX
ajfa-4501	253	68	not	not	PART
ajfa-4501	253	69	higher	high	ADJ
ajfa-4501	253	70	than	than	ADP
ajfa-4501	253	71	0.5	0.5	NUM
ajfa-4501	253	72	.	.	PUNCT
ajfa-4501	254	1	this	this	DET
ajfa-4501	254	2	work	work	NOUN
ajfa-4501	254	3	computes	compute	VERB
ajfa-4501	254	4	the	the	DET
ajfa-4501	254	5	variance	variance	NOUN
ajfa-4501	254	6	inflation	inflation	NOUN
ajfa-4501	254	7	factor	factor	NOUN
ajfa-4501	254	8	(	(	PUNCT
ajfa-4501	254	9	vif	vif	NOUN
ajfa-4501	254	10	)	)	PUNCT
ajfa-4501	254	11	to	to	PART
ajfa-4501	254	12	assess	assess	VERB
ajfa-4501	254	13	the	the	DET
ajfa-4501	254	14	susceptibility	susceptibility	NOUN
ajfa-4501	254	15	of	of	ADP
ajfa-4501	254	16	the	the	DET
ajfa-4501	254	17	model	model	NOUN
ajfa-4501	254	18	to	to	ADP
ajfa-4501	254	19	problems	problem	NOUN
ajfa-4501	254	20	of	of	ADP
ajfa-4501	254	21	multicollinearity	multicollinearity	NOUN
ajfa-4501	254	22	.	.	PUNCT
ajfa-4501	255	1	all	all	DET
ajfa-4501	255	2	the	the	DET
ajfa-4501	255	3	vifs	vif	NOUN
ajfa-4501	255	4	of	of	ADP
ajfa-4501	255	5	variables	variable	NOUN
ajfa-4501	255	6	fell	fall	VERB
ajfa-4501	255	7	below	below	ADP
ajfa-4501	255	8	3.0	3.0	NUM
ajfa-4501	255	9	which	which	PRON
ajfa-4501	255	10	suggest	suggest	VERB
ajfa-4501	255	11	that	that	SCONJ
ajfa-4501	255	12	multicollinearity	multicollinearity	NOUN
ajfa-4501	255	13	is	be	AUX
ajfa-4501	255	14	unlikely	unlikely	ADJ
ajfa-4501	255	15	to	to	PART
ajfa-4501	255	16	be	be	AUX
ajfa-4501	255	17	problematic	problematic	ADJ
ajfa-4501	255	18	.	.	PUNCT
ajfa-4501	256	1	asian	asian	ADJ
ajfa-4501	256	2	journal	journal	PROPN
ajfa-4501	256	3	of	of	ADP
ajfa-4501	256	4	finance	finance	PROPN
ajfa-4501	256	5	&	&	CCONJ
ajfa-4501	256	6	accounting	accounting	PROPN
ajfa-4501	256	7	issn	issn	PROPN
ajfa-4501	256	8	1946	1946	NUM
ajfa-4501	256	9	-	-	PUNCT
ajfa-4501	256	10	052x	052x	NOUN
ajfa-4501	256	11	2013	2013	NUM
ajfa-4501	256	12	,	,	PUNCT
ajfa-4501	256	13	vol	vol	NOUN
ajfa-4501	256	14	.	.	PROPN
ajfa-4501	256	15	5	5	NUM
ajfa-4501	256	16	,	,	PUNCT
ajfa-4501	256	17	no	no	INTJ
ajfa-4501	256	18	.	.	NOUN
ajfa-4501	256	19	2	2	NUM
ajfa-4501	256	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-4501	256	21	317	317	NUM
ajfa-4501	256	22	table	table	NOUN
ajfa-4501	256	23	4	4	NUM
ajfa-4501	256	24	.	.	PUNCT
ajfa-4501	256	25	descriptive	descriptive	ADJ
ajfa-4501	256	26	statistics（n=302;expressed	statistics（n=302;expressed	NOUN
ajfa-4501	256	27	in	in	ADP
ajfa-4501	256	28	new	new	ADJ
ajfa-4501	256	29	taiwan	taiwan	PROPN
ajfa-4501	256	30	dollars	dollar	NOUN
ajfa-4501	256	31	）	）	PUNCT
ajfa-4501	257	1	variables	variable	NOUN
ajfa-4501	257	2	mean	mean	VERB
ajfa-4501	257	3	minimum	minimum	ADJ
ajfa-4501	257	4	maximum	maximum	ADJ
ajfa-4501	257	5	std	std	NOUN
ajfa-4501	257	6	.	.	PUNCT
ajfa-4501	258	1	deviation	deviation	NOUN
ajfa-4501	258	2	audit	audit	NOUN
ajfa-4501	258	3	fees	fee	NOUN
ajfa-4501	258	4	344,496	344,496	NUM
ajfa-4501	258	5	142,500	142,500	NUM
ajfa-4501	258	6	850,480	850,480	NUM
ajfa-4501	258	7	159,459	159,459	NUM
ajfa-4501	258	8	year03	year03	NOUN
ajfa-4501	258	9	0.33	0.33	NUM
ajfa-4501	258	10	0.00	0.00	NUM
ajfa-4501	258	11	1.00	1.00	NUM
ajfa-4501	258	12	0.47	0.47	NUM
ajfa-4501	258	13	year02	year02	NOUN
ajfa-4501	258	14	0.33	0.33	NUM
ajfa-4501	258	15	0.00	0.00	NUM
ajfa-4501	258	16	1.00	1.00	NUM
ajfa-4501	258	17	0.47	0.47	NUM
ajfa-4501	258	18	big4	big4	NOUN
ajfa-4501	258	19	0.39	0.39	NUM
ajfa-4501	258	20	0.00	0.00	NUM
ajfa-4501	258	21	1.00	1.00	NUM
ajfa-4501	258	22	0.49	0.49	NUM
ajfa-4501	258	23	spe	spe	PROPN
ajfa-4501	258	24	(	(	PUNCT
ajfa-4501	258	25	10	10	NUM
ajfa-4501	258	26	%	%	NOUN
ajfa-4501	258	27	)	)	PUNCT
ajfa-4501	258	28	0.31	0.31	NUM
ajfa-4501	258	29	0	0	NUM
ajfa-4501	258	30	1	1	NUM
ajfa-4501	258	31	0.46	0.46	NUM
ajfa-4501	258	32	spe	spe	NOUN
ajfa-4501	258	33	(	(	PUNCT
ajfa-4501	258	34	15	15	NUM
ajfa-4501	258	35	%	%	NOUN
ajfa-4501	258	36	)	)	PUNCT
ajfa-4501	258	37	0.20	0.20	NUM
ajfa-4501	258	38	0	0	NUM
ajfa-4501	258	39	1	1	NUM
ajfa-4501	258	40	0.40	0.40	NUM
ajfa-4501	258	41	asset	asset	NOUN
ajfa-4501	258	42	3,523,678,688	3,523,678,688	NUM
ajfa-4501	258	43	429,949,870	429,949,870	NUM
ajfa-4501	258	44	14,740,416,907	14,740,416,907	NUM
ajfa-4501	258	45	2,689,134,236	2,689,134,236	NUM
ajfa-4501	258	46	debt	debt	NOUN
ajfa-4501	258	47	0.14	0.14	NUM
ajfa-4501	258	48	0.01	0.01	NUM
ajfa-4501	258	49	0.73	0.73	NUM
ajfa-4501	258	50	0.13	0.13	NUM
ajfa-4501	258	51	int	int	NOUN
ajfa-4501	258	52	/	/	SYM
ajfa-4501	258	53	earn	earn	VERB
ajfa-4501	258	54	0.05	0.05	NUM
ajfa-4501	258	55	-0.33	-0.33	NOUN
ajfa-4501	258	56	0.65	0.65	NUM
ajfa-4501	258	57	0.09	0.09	NUM
ajfa-4501	258	58	board	board	NOUN
ajfa-4501	258	59	0.0029	0.0029	NUM
ajfa-4501	258	60	0.00	0.00	NUM
ajfa-4501	258	61	0.02	0.02	NUM
ajfa-4501	258	62	0.0035	0.0035	NUM
ajfa-4501	258	63	donate	donate	VERB
ajfa-4501	258	64	0.05	0.05	NUM
ajfa-4501	258	65	0.00	0.00	NUM
ajfa-4501	258	66	0.79	0.79	NUM
ajfa-4501	258	67	0.11	0.11	NUM
ajfa-4501	258	68	earn	earn	VERB
ajfa-4501	258	69	0.28	0.28	NUM
ajfa-4501	258	70	-0.26	-0.26	NOUN
ajfa-4501	258	71	0.70	0.70	NUM
ajfa-4501	258	72	0.12	0.12	NUM
ajfa-4501	258	73	subsidy	subsidy	NOUN
ajfa-4501	258	74	0.13	0.13	NUM
ajfa-4501	258	75	0.03	0.03	NUM
ajfa-4501	258	76	0.35	0.35	NUM
ajfa-4501	258	77	0.05	0.05	NUM
ajfa-4501	258	78	univ	univ	ADJ
ajfa-4501	258	79	0.33	0.33	NUM
ajfa-4501	258	80	0.00	0.00	NUM
ajfa-4501	258	81	1.00	1.00	NUM
ajfa-4501	258	82	0.47	0.47	NUM
ajfa-4501	258	83	opp	opp	PROPN
ajfa-4501	258	84	/	/	SYM
ajfa-4501	258	85	ta	ta	PROPN
ajfa-4501	258	86	0.02	0.02	NUM
ajfa-4501	258	87	0.00	0.00	NUM
ajfa-4501	258	88	0.61	0.61	NUM
ajfa-4501	258	89	0.08	0.08	NUM
ajfa-4501	258	90	audit	audit	NOUN
ajfa-4501	258	91	fees	fee	NOUN
ajfa-4501	258	92	:	:	PUNCT
ajfa-4501	258	93	audit	audit	NOUN
ajfa-4501	258	94	fees	fee	NOUN
ajfa-4501	258	95	.	.	PUNCT
ajfa-4501	259	1	year03	year03	NOUN
ajfa-4501	259	2	:	:	PUNCT
ajfa-4501	259	3	dummy	dummy	ADJ
ajfa-4501	259	4	variable	variable	NOUN
ajfa-4501	259	5	,	,	PUNCT
ajfa-4501	259	6	equals	equal	VERB
ajfa-4501	259	7	to	to	ADP
ajfa-4501	259	8	one	one	NUM
ajfa-4501	259	9	if	if	SCONJ
ajfa-4501	259	10	academic	academic	ADJ
ajfa-4501	259	11	year	year	NOUN
ajfa-4501	259	12	2003	2003	NUM
ajfa-4501	259	13	,	,	PUNCT
ajfa-4501	259	14	and	and	CCONJ
ajfa-4501	259	15	zero	zero	NUM
ajfa-4501	259	16	otherwise	otherwise	ADV
ajfa-4501	259	17	.	.	PUNCT
ajfa-4501	260	1	year02	year02	NOUN
ajfa-4501	260	2	:	:	PUNCT
ajfa-4501	260	3	dummy	dummy	ADJ
ajfa-4501	260	4	variable	variable	NOUN
ajfa-4501	260	5	,	,	PUNCT
ajfa-4501	260	6	equals	equal	VERB
ajfa-4501	260	7	to	to	ADP
ajfa-4501	260	8	one	one	NUM
ajfa-4501	260	9	if	if	SCONJ
ajfa-4501	260	10	academic	academic	ADJ
ajfa-4501	260	11	year	year	NOUN
ajfa-4501	260	12	2002	2002	NUM
ajfa-4501	260	13	,	,	PUNCT
ajfa-4501	260	14	and	and	CCONJ
ajfa-4501	260	15	zero	zero	NUM
ajfa-4501	260	16	otherwise	otherwise	ADV
ajfa-4501	260	17	.	.	PUNCT
ajfa-4501	261	1	big4	big4	NOUN
ajfa-4501	261	2	:	:	PUNCT
ajfa-4501	261	3	dummy	dummy	ADJ
ajfa-4501	261	4	variable	variable	NOUN
ajfa-4501	261	5	,	,	PUNCT
ajfa-4501	261	6	proxy	proxy	NOUN
ajfa-4501	261	7	for	for	ADP
ajfa-4501	261	8	audit	audit	NOUN
ajfa-4501	261	9	quality	quality	NOUN
ajfa-4501	261	10	,	,	PUNCT
ajfa-4501	261	11	equals	equal	VERB
ajfa-4501	261	12	to	to	ADP
ajfa-4501	261	13	one	one	NUM
ajfa-4501	261	14	if	if	SCONJ
ajfa-4501	261	15	audited	audit	VERB
ajfa-4501	261	16	by	by	ADP
ajfa-4501	261	17	big	big	ADJ
ajfa-4501	261	18	4	4	NUM
ajfa-4501	261	19	,	,	PUNCT
ajfa-4501	261	20	and	and	CCONJ
ajfa-4501	261	21	zero	zero	NUM
ajfa-4501	261	22	otherwise	otherwise	ADV
ajfa-4501	261	23	.	.	PUNCT
ajfa-4501	262	1	spe	spe	PROPN
ajfa-4501	262	2	:	:	PUNCT
ajfa-4501	262	3	professional	professional	ADJ
ajfa-4501	262	4	cpa	cpa	NOUN
ajfa-4501	262	5	firms	firm	NOUN
ajfa-4501	262	6	;	;	PUNCT
ajfa-4501	262	7	equals	equal	VERB
ajfa-4501	262	8	to	to	ADP
ajfa-4501	262	9	1	1	NUM
ajfa-4501	262	10	when	when	SCONJ
ajfa-4501	262	11	the	the	DET
ajfa-4501	262	12	ratio	ratio	NOUN
ajfa-4501	262	13	of	of	ADP
ajfa-4501	262	14	audit	audit	NOUN
ajfa-4501	262	15	fees	fee	NOUN
ajfa-4501	262	16	over	over	ADP
ajfa-4501	262	17	total	total	ADJ
ajfa-4501	262	18	audit	audit	NOUN
ajfa-4501	262	19	fees	fee	NOUN
ajfa-4501	262	20	of	of	ADP
ajfa-4501	262	21	the	the	DET
ajfa-4501	262	22	schools	school	NOUN
ajfa-4501	262	23	is	be	AUX
ajfa-4501	262	24	greater	great	ADJ
ajfa-4501	262	25	than	than	ADP
ajfa-4501	262	26	10	10	NUM
ajfa-4501	262	27	%	%	NOUN
ajfa-4501	262	28	or	or	CCONJ
ajfa-4501	262	29	15	15	NUM
ajfa-4501	262	30	%	%	NOUN
ajfa-4501	262	31	,	,	PUNCT
ajfa-4501	262	32	0	0	NUM
ajfa-4501	262	33	otherwise	otherwise	ADV
ajfa-4501	262	34	.	.	PUNCT
ajfa-4501	263	1	asset	asset	NOUN
ajfa-4501	263	2	:	:	PUNCT
ajfa-4501	263	3	total	total	ADJ
ajfa-4501	263	4	assets	asset	NOUN
ajfa-4501	263	5	of	of	ADP
ajfa-4501	263	6	private	private	ADJ
ajfa-4501	263	7	universities	university	NOUN
ajfa-4501	263	8	and	and	CCONJ
ajfa-4501	263	9	junior	junior	ADJ
ajfa-4501	263	10	colleges	college	NOUN
ajfa-4501	263	11	,	,	PUNCT
ajfa-4501	263	12	proxy	proxy	NOUN
ajfa-4501	263	13	for	for	ADP
ajfa-4501	263	14	size	size	NOUN
ajfa-4501	263	15	.	.	PUNCT
ajfa-4501	264	1	debt	debt	NOUN
ajfa-4501	264	2	:	:	PUNCT
ajfa-4501	264	3	the	the	DET
ajfa-4501	264	4	ratio	ratio	NOUN
ajfa-4501	264	5	of	of	ADP
ajfa-4501	264	6	debt	debt	NOUN
ajfa-4501	264	7	to	to	ADP
ajfa-4501	264	8	total	total	ADJ
ajfa-4501	264	9	assets	asset	NOUN
ajfa-4501	264	10	,	,	PUNCT
ajfa-4501	264	11	proxy	proxy	NOUN
ajfa-4501	264	12	for	for	ADP
ajfa-4501	264	13	risks	risk	NOUN
ajfa-4501	264	14	.	.	PUNCT
ajfa-4501	265	1	int	int	NOUN
ajfa-4501	265	2	/	/	SYM
ajfa-4501	265	3	earn	earn	NOUN
ajfa-4501	265	4	:	:	PUNCT
ajfa-4501	265	5	interest	interest	NOUN
ajfa-4501	265	6	expenses	expense	NOUN
ajfa-4501	265	7	divided	divide	VERB
ajfa-4501	265	8	by	by	ADP
ajfa-4501	265	9	current	current	ADJ
ajfa-4501	265	10	net	net	ADJ
ajfa-4501	265	11	income	income	NOUN
ajfa-4501	265	12	/	/	SYM
ajfa-4501	265	13	loss	loss	NOUN
ajfa-4501	265	14	,	,	PUNCT
ajfa-4501	265	15	proxy	proxy	NOUN
ajfa-4501	265	16	for	for	ADP
ajfa-4501	265	17	risks	risk	NOUN
ajfa-4501	265	18	.	.	PUNCT
ajfa-4501	266	1	board	board	NOUN
ajfa-4501	266	2	:	:	PUNCT
ajfa-4501	266	3	the	the	DET
ajfa-4501	266	4	ratio	ratio	NOUN
ajfa-4501	266	5	of	of	ADP
ajfa-4501	266	6	board	board	NOUN
ajfa-4501	266	7	expenditures	expenditure	NOUN
ajfa-4501	266	8	to	to	ADP
ajfa-4501	266	9	current	current	ADJ
ajfa-4501	266	10	revenues	revenue	NOUN
ajfa-4501	266	11	,	,	PUNCT
ajfa-4501	266	12	proxy	proxy	NOUN
ajfa-4501	266	13	for	for	ADP
ajfa-4501	266	14	risks	risk	NOUN
ajfa-4501	266	15	.	.	PUNCT
ajfa-4501	267	1	donate	donate	VERB
ajfa-4501	267	2	:	:	PUNCT
ajfa-4501	267	3	the	the	DET
ajfa-4501	267	4	ratio	ratio	NOUN
ajfa-4501	267	5	of	of	ADP
ajfa-4501	267	6	personal	personal	ADJ
ajfa-4501	267	7	donation	donation	NOUN
ajfa-4501	267	8	to	to	ADP
ajfa-4501	267	9	current	current	ADJ
ajfa-4501	267	10	revenues	revenue	NOUN
ajfa-4501	267	11	,	,	PUNCT
ajfa-4501	267	12	proxy	proxy	NOUN
ajfa-4501	267	13	for	for	ADP
ajfa-4501	267	14	risks	risk	NOUN
ajfa-4501	267	15	.	.	PUNCT
ajfa-4501	268	1	earn	earn	VERB
ajfa-4501	268	2	:	:	PUNCT
ajfa-4501	268	3	the	the	DET
ajfa-4501	268	4	ratio	ratio	NOUN
ajfa-4501	268	5	of	of	ADP
ajfa-4501	268	6	current	current	ADJ
ajfa-4501	268	7	earnings	earning	NOUN
ajfa-4501	268	8	to	to	ADP
ajfa-4501	268	9	current	current	ADJ
ajfa-4501	268	10	revenues	revenue	NOUN
ajfa-4501	268	11	,	,	PUNCT
ajfa-4501	268	12	proxy	proxy	NOUN
ajfa-4501	268	13	for	for	ADP
ajfa-4501	268	14	risks	risk	NOUN
ajfa-4501	268	15	.	.	PUNCT
ajfa-4501	269	1	subsidy	subsidy	NOUN
ajfa-4501	269	2	:	:	PUNCT
ajfa-4501	269	3	the	the	DET
ajfa-4501	269	4	ratio	ratio	NOUN
ajfa-4501	269	5	of	of	ADP
ajfa-4501	269	6	subsidy	subsidy	NOUN
ajfa-4501	269	7	to	to	ADP
ajfa-4501	269	8	current	current	ADJ
ajfa-4501	269	9	revenues	revenue	NOUN
ajfa-4501	269	10	,	,	PUNCT
ajfa-4501	269	11	proxy	proxy	NOUN
ajfa-4501	269	12	for	for	ADP
ajfa-4501	269	13	risks	risk	NOUN
ajfa-4501	269	14	.	.	PUNCT
ajfa-4501	270	1	univ	univ	ADJ
ajfa-4501	270	2	:	:	PUNCT
ajfa-4501	270	3	equals	equal	VERB
ajfa-4501	270	4	to	to	ADP
ajfa-4501	270	5	one	one	NUM
ajfa-4501	270	6	if	if	SCONJ
ajfa-4501	270	7	university	university	NOUN
ajfa-4501	270	8	,	,	PUNCT
ajfa-4501	270	9	and	and	CCONJ
ajfa-4501	270	10	zero	zero	NUM
ajfa-4501	270	11	otherwise	otherwise	ADV
ajfa-4501	270	12	;	;	PUNCT
ajfa-4501	270	13	proxy	proxy	NOUN
ajfa-4501	270	14	for	for	ADP
ajfa-4501	270	15	complexity	complexity	NOUN
ajfa-4501	270	16	.	.	PUNCT
ajfa-4501	271	1	opp	opp	PROPN
ajfa-4501	271	2	/	/	SYM
ajfa-4501	271	3	ta	ta	PROPN
ajfa-4501	271	4	:	:	PUNCT
ajfa-4501	271	5	the	the	DET
ajfa-4501	271	6	ratio	ratio	NOUN
ajfa-4501	271	7	of	of	ADP
ajfa-4501	271	8	operating	operate	VERB
ajfa-4501	271	9	funds	fund	NOUN
ajfa-4501	271	10	to	to	ADP
ajfa-4501	271	11	total	total	ADJ
ajfa-4501	271	12	assets	asset	NOUN
ajfa-4501	271	13	,	,	PUNCT
ajfa-4501	271	14	proxy	proxy	NOUN
ajfa-4501	271	15	for	for	ADP
ajfa-4501	271	16	complexity	complexity	NOUN
ajfa-4501	271	17	.	.	PUNCT
ajfa-4501	272	1	asian	asian	ADJ
ajfa-4501	272	2	journal	journal	PROPN
ajfa-4501	272	3	of	of	ADP
ajfa-4501	272	4	finance	finance	PROPN
ajfa-4501	272	5	&	&	CCONJ
ajfa-4501	272	6	accounting	accounting	PROPN
ajfa-4501	272	7	issn	issn	PROPN
ajfa-4501	272	8	1946	1946	NUM
ajfa-4501	272	9	-	-	PUNCT
ajfa-4501	272	10	052x	052x	NOUN
ajfa-4501	272	11	2013	2013	NUM
ajfa-4501	272	12	,	,	PUNCT
ajfa-4501	272	13	vol	vol	NOUN
ajfa-4501	272	14	.	.	PROPN
ajfa-4501	272	15	5	5	NUM
ajfa-4501	272	16	,	,	PUNCT
ajfa-4501	272	17	no	no	INTJ
ajfa-4501	272	18	.	.	NOUN
ajfa-4501	272	19	2	2	NUM
ajfa-4501	272	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-4501	272	21	318	318	NUM
ajfa-4501	272	22	table	table	NOUN
ajfa-4501	272	23	5	5	NUM
ajfa-4501	272	24	.	.	PUNCT
ajfa-4501	272	25	pearson	pearson	PROPN
ajfa-4501	272	26	correlation	correlation	NOUN
ajfa-4501	272	27	matrices	matrix	NOUN
ajfa-4501	272	28	year03	year03	NOUN
ajfa-4501	272	29	year02	year02	PROPN
ajfa-4501	272	30	big4	big4	PROPN
ajfa-4501	272	31	spe	spe	X
ajfa-4501	272	32	(	(	PUNCT
ajfa-4501	272	33	10	10	NUM
ajfa-4501	272	34	%	%	NOUN
ajfa-4501	272	35	)	)	PUNCT
ajfa-4501	272	36	spe	spe	PROPN
ajfa-4501	272	37	(	(	PUNCT
ajfa-4501	272	38	15	15	NUM
ajfa-4501	272	39	%	%	NOUN
ajfa-4501	272	40	)	)	PUNCT
ajfa-4501	272	41	lnasset	lnasset	NOUN
ajfa-4501	272	42	debt	debt	NOUN
ajfa-4501	272	43	int	int	NOUN
ajfa-4501	272	44	/	/	SYM
ajfa-4501	272	45	earn	earn	NOUN
ajfa-4501	272	46	board	board	NOUN
ajfa-4501	272	47	donate	donate	VERB
ajfa-4501	272	48	subsidy	subsidy	NOUN
ajfa-4501	272	49	earn	earn	VERB
ajfa-4501	272	50	univ	univ	PROPN
ajfa-4501	272	51	opp	opp	PROPN
ajfa-4501	272	52	/	/	SYM
ajfa-4501	272	53	ta	ta	PROPN
ajfa-4501	272	54	year03	year03	NOUN
ajfa-4501	272	55	1	1	NUM
ajfa-4501	273	1	-0.499	-0.499	NOUN
ajfa-4501	273	2	*	*	PUNCT
ajfa-4501	273	3	*	*	PUNCT
ajfa-4501	273	4	0.561	0.561	NUM
ajfa-4501	273	5	*	*	PUNCT
ajfa-4501	273	6	*	*	PUNCT
ajfa-4501	274	1	0.500	0.500	NUM
ajfa-4501	274	2	*	*	PUNCT
ajfa-4501	274	3	*	*	NOUN
ajfa-4501	274	4	0.452	0.452	NUM
ajfa-4501	274	5	*	*	PUNCT
ajfa-4501	274	6	*	*	NOUN
ajfa-4501	274	7	0.072	0.072	NUM
ajfa-4501	274	8	-0.079	-0.079	PUNCT
ajfa-4501	274	9	-0.148	-0.148	NOUN
ajfa-4501	274	10	*	*	PUNCT
ajfa-4501	274	11	*	*	NOUN
ajfa-4501	274	12	0.018	0.018	NUM
ajfa-4501	274	13	-0.022	-0.022	PUNCT
ajfa-4501	275	1	-0.174	-0.174	PUNCT
ajfa-4501	275	2	*	*	PUNCT
ajfa-4501	275	3	*	*	PUNCT
ajfa-4501	275	4	-0.213	-0.213	NOUN
ajfa-4501	275	5	*	*	PUNCT
ajfa-4501	275	6	*	*	NOUN
ajfa-4501	275	7	0.053	0.053	NUM
ajfa-4501	275	8	0.005	0.005	NUM
ajfa-4501	275	9	year02	year02	NOUN
ajfa-4501	275	10	1	1	NUM
ajfa-4501	275	11	-0.280	-0.280	NOUN
ajfa-4501	275	12	*	*	PUNCT
ajfa-4501	275	13	*	*	PUNCT
ajfa-4501	275	14	-0.219	-0.219	PROPN
ajfa-4501	275	15	*	*	PUNCT
ajfa-4501	275	16	*	*	PUNCT
ajfa-4501	275	17	-0.225	-0.225	PUNCT
ajfa-4501	275	18	*	*	X
ajfa-4501	275	19	*	*	PUNCT
ajfa-4501	275	20	0.019	0.019	NUM
ajfa-4501	275	21	0.009	0.009	NUM
ajfa-4501	275	22	-0.003	-0.003	NOUN
ajfa-4501	275	23	-0.011	-0.011	INTJ
ajfa-4501	275	24	-0.008	-0.008	NOUN
ajfa-4501	275	25	0.067	0.067	NUM
ajfa-4501	275	26	0.053	0.053	NUM
ajfa-4501	275	27	0.003	0.003	NUM
ajfa-4501	275	28	0.005	0.005	NUM
ajfa-4501	275	29	big4	big4	NOUN
ajfa-4501	275	30	1	1	NUM
ajfa-4501	275	31	0.839	0.839	NUM
ajfa-4501	275	32	*	*	PUNCT
ajfa-4501	275	33	*	*	NOUN
ajfa-4501	276	1	0.615	0.615	NUM
ajfa-4501	276	2	*	*	PUNCT
ajfa-4501	276	3	*	*	PUNCT
ajfa-4501	276	4	0.211	0.211	PRON
ajfa-4501	276	5	*	*	PUNCT
ajfa-4501	276	6	*	*	PUNCT
ajfa-4501	276	7	-0.017	-0.017	PUNCT
ajfa-4501	276	8	0.010	0.010	NUM
ajfa-4501	276	9	-0.174	-0.174	NOUN
ajfa-4501	276	10	*	*	PUNCT
ajfa-4501	276	11	*	*	PUNCT
ajfa-4501	276	12	-0.133	-0.133	PUNCT
ajfa-4501	276	13	*	*	NOUN
ajfa-4501	276	14	-0.218	-0.218	NOUN
ajfa-4501	276	15	*	*	PUNCT
ajfa-4501	276	16	*	*	PUNCT
ajfa-4501	276	17	-0.225	-0.225	PUNCT
ajfa-4501	276	18	*	*	PUNCT
ajfa-4501	276	19	*	*	PUNCT
ajfa-4501	276	20	0.209	0.209	NUM
ajfa-4501	276	21	*	*	PUNCT
ajfa-4501	276	22	*	*	PUNCT
ajfa-4501	276	23	0.058	0.058	NUM
ajfa-4501	276	24	spe(10	spe(10	NOUN
ajfa-4501	276	25	%	%	NOUN
ajfa-4501	276	26	)	)	PUNCT
ajfa-4501	276	27	1	1	NUM
ajfa-4501	276	28	0.733	0.733	NUM
ajfa-4501	276	29	*	*	PUNCT
ajfa-4501	276	30	*	*	PUNCT
ajfa-4501	277	1	0.201	0.201	NUM
ajfa-4501	277	2	*	*	PUNCT
ajfa-4501	277	3	*	*	PUNCT
ajfa-4501	277	4	0.000	0.000	NUM
ajfa-4501	277	5	0.016	0.016	NUM
ajfa-4501	277	6	-0.161	-0.161	PROPN
ajfa-4501	277	7	*	*	PUNCT
ajfa-4501	277	8	*	*	PUNCT
ajfa-4501	277	9	-0.143	-0.143	PROPN
ajfa-4501	277	10	*	*	PUNCT
ajfa-4501	277	11	-0.209	-0.209	NOUN
ajfa-4501	277	12	*	*	PUNCT
ajfa-4501	277	13	*	*	PUNCT
ajfa-4501	278	1	-0.204	-0.204	PUNCT
ajfa-4501	278	2	*	*	PUNCT
ajfa-4501	278	3	*	*	PUNCT
ajfa-4501	279	1	0.206	0.206	NUM
ajfa-4501	279	2	*	*	X
ajfa-4501	279	3	*	*	PUNCT
ajfa-4501	279	4	0.084	0.084	NUM
ajfa-4501	279	5	spe(15	spe(15	NOUN
ajfa-4501	279	6	%	%	NOUN
ajfa-4501	279	7	)	)	PUNCT
ajfa-4501	279	8	1	1	NUM
ajfa-4501	279	9	0.179	0.179	NUM
ajfa-4501	279	10	*	*	PUNCT
ajfa-4501	279	11	*	*	PUNCT
ajfa-4501	279	12	-0.091	-0.091	NUM
ajfa-4501	279	13	-0.039	-0.039	NOUN
ajfa-4501	279	14	-0.189	-0.189	PUNCT
ajfa-4501	279	15	*	*	PUNCT
ajfa-4501	279	16	*	*	PUNCT
ajfa-4501	279	17	-0.103	-0.103	NUM
ajfa-4501	279	18	-0.223	-0.223	NOUN
ajfa-4501	279	19	*	*	PUNCT
ajfa-4501	279	20	*	*	PUNCT
ajfa-4501	279	21	-0.197	-0.197	PROPN
ajfa-4501	279	22	*	*	PUNCT
ajfa-4501	279	23	*	*	NOUN
ajfa-4501	279	24	0.129	0.129	NUM
ajfa-4501	279	25	*	*	PUNCT
ajfa-4501	279	26	-0.006	-0.006	X
ajfa-4501	279	27	lnasset	lnasset	NOUN
ajfa-4501	279	28	1	1	NUM
ajfa-4501	279	29	-0.343	-0.343	NOUN
ajfa-4501	279	30	*	*	PUNCT
ajfa-4501	279	31	*	*	PUNCT
ajfa-4501	279	32	-0.177	-0.177	PUNCT
ajfa-4501	279	33	*	*	PUNCT
ajfa-4501	279	34	*	*	PUNCT
ajfa-4501	279	35	-0.469	-0.469	X
ajfa-4501	279	36	*	*	PUNCT
ajfa-4501	279	37	*	*	NOUN
ajfa-4501	279	38	-0.006	-0.006	X
ajfa-4501	279	39	-0.122	-0.122	X
ajfa-4501	279	40	*	*	NOUN
ajfa-4501	279	41	0.063	0.063	NUM
ajfa-4501	279	42	0.692	0.692	NUM
ajfa-4501	279	43	*	*	PUNCT
ajfa-4501	279	44	*	*	PUNCT
ajfa-4501	279	45	0.371	0.371	NUM
ajfa-4501	279	46	*	*	PUNCT
ajfa-4501	279	47	*	*	PUNCT
ajfa-4501	279	48	debt	debt	NOUN
ajfa-4501	279	49	1	1	NUM
ajfa-4501	279	50	0.655	0.655	NUM
ajfa-4501	279	51	*	*	PUNCT
ajfa-4501	279	52	*	*	PUNCT
ajfa-4501	280	1	0.063	0.063	NUM
ajfa-4501	280	2	-0.075	-0.075	PUNCT
ajfa-4501	280	3	-0.106	-0.106	NUM
ajfa-4501	280	4	-0.021	-0.021	NUM
ajfa-4501	280	5	-0.225	-0.225	PUNCT
ajfa-4501	280	6	*	*	PUNCT
ajfa-4501	280	7	*	*	PUNCT
ajfa-4501	280	8	-0.149	-0.149	PUNCT
ajfa-4501	280	9	*	*	PUNCT
ajfa-4501	280	10	*	*	PUNCT
ajfa-4501	280	11	int	int	NOUN
ajfa-4501	280	12	/	/	SYM
ajfa-4501	280	13	earn	earn	NOUN
ajfa-4501	280	14	1	1	NUM
ajfa-4501	280	15	-0.006	-0.006	PROPN
ajfa-4501	280	16	-0.041	-0.041	PUNCT
ajfa-4501	280	17	-0.107	-0.107	PUNCT
ajfa-4501	280	18	-0.071	-0.071	PUNCT
ajfa-4501	280	19	-0.132	-0.132	X
ajfa-4501	280	20	*	*	PUNCT
ajfa-4501	280	21	-0.099	-0.099	PUNCT
ajfa-4501	280	22	board	board	NOUN
ajfa-4501	280	23	1	1	NUM
ajfa-4501	280	24	-0.068	-0.068	NOUN
ajfa-4501	280	25	0.122	0.122	NUM
ajfa-4501	280	26	*	*	PUNCT
ajfa-4501	280	27	-0.194	-0.194	NOUN
ajfa-4501	280	28	*	*	PUNCT
ajfa-4501	280	29	*	*	PUNCT
ajfa-4501	280	30	-0.303	-0.303	PROPN
ajfa-4501	280	31	*	*	PUNCT
ajfa-4501	280	32	*	*	PUNCT
ajfa-4501	280	33	-0.075	-0.075	VERB
ajfa-4501	280	34	donate	donate	VERB
ajfa-4501	280	35	1	1	NUM
ajfa-4501	280	36	0.017	0.017	NUM
ajfa-4501	280	37	0.489	0.489	NUM
ajfa-4501	280	38	*	*	PUNCT
ajfa-4501	280	39	*	*	PUNCT
ajfa-4501	280	40	-0.038	-0.038	PUNCT
ajfa-4501	280	41	0.075	0.075	NUM
ajfa-4501	280	42	subsidy	subsidy	NOUN
ajfa-4501	280	43	1	1	NUM
ajfa-4501	280	44	-0.114	-0.114	NOUN
ajfa-4501	280	45	*	*	NOUN
ajfa-4501	280	46	0.013	0.013	NUM
ajfa-4501	280	47	-0.055	-0.055	PUNCT
ajfa-4501	280	48	earn	earn	VERB
ajfa-4501	280	49	1	1	NUM
ajfa-4501	280	50	-0.016	-0.016	ADP
ajfa-4501	280	51	0.239	0.239	NUM
ajfa-4501	280	52	*	*	PUNCT
ajfa-4501	280	53	*	*	PUNCT
ajfa-4501	280	54	univ	univ	ADJ
ajfa-4501	280	55	1	1	NUM
ajfa-4501	280	56	0.219	0.219	NUM
ajfa-4501	280	57	*	*	PUNCT
ajfa-4501	280	58	opp	opp	PROPN
ajfa-4501	280	59	/	/	SYM
ajfa-4501	280	60	ta	ta	PROPN
ajfa-4501	280	61	1	1	NUM
ajfa-4501	280	62	year03	year03	NOUN
ajfa-4501	280	63	:	:	PUNCT
ajfa-4501	280	64	dummy	dummy	ADJ
ajfa-4501	280	65	variable	variable	NOUN
ajfa-4501	280	66	,	,	PUNCT
ajfa-4501	280	67	equals	equal	VERB
ajfa-4501	280	68	to	to	ADP
ajfa-4501	280	69	one	one	NUM
ajfa-4501	280	70	if	if	SCONJ
ajfa-4501	280	71	academic	academic	ADJ
ajfa-4501	280	72	year	year	NOUN
ajfa-4501	280	73	2003	2003	NUM
ajfa-4501	280	74	,	,	PUNCT
ajfa-4501	280	75	and	and	CCONJ
ajfa-4501	280	76	zero	zero	NUM
ajfa-4501	280	77	otherwise	otherwise	ADV
ajfa-4501	280	78	.	.	PUNCT
ajfa-4501	281	1	year02	year02	NOUN
ajfa-4501	281	2	:	:	PUNCT
ajfa-4501	281	3	dummy	dummy	ADJ
ajfa-4501	281	4	variable	variable	NOUN
ajfa-4501	281	5	,	,	PUNCT
ajfa-4501	281	6	equals	equal	VERB
ajfa-4501	281	7	to	to	ADP
ajfa-4501	281	8	one	one	NUM
ajfa-4501	281	9	if	if	SCONJ
ajfa-4501	281	10	academic	academic	ADJ
ajfa-4501	281	11	year	year	NOUN
ajfa-4501	281	12	2002	2002	NUM
ajfa-4501	281	13	,	,	PUNCT
ajfa-4501	281	14	and	and	CCONJ
ajfa-4501	281	15	zero	zero	NUM
ajfa-4501	281	16	otherwise	otherwise	ADV
ajfa-4501	281	17	.	.	PUNCT
ajfa-4501	282	1	big4	big4	NOUN
ajfa-4501	282	2	:	:	PUNCT
ajfa-4501	282	3	dummy	dummy	ADJ
ajfa-4501	282	4	variable	variable	NOUN
ajfa-4501	282	5	,	,	PUNCT
ajfa-4501	282	6	proxy	proxy	NOUN
ajfa-4501	282	7	for	for	ADP
ajfa-4501	282	8	audit	audit	NOUN
ajfa-4501	282	9	quality	quality	NOUN
ajfa-4501	282	10	,	,	PUNCT
ajfa-4501	282	11	equals	equal	VERB
ajfa-4501	282	12	to	to	ADP
ajfa-4501	282	13	one	one	NUM
ajfa-4501	282	14	if	if	SCONJ
ajfa-4501	282	15	audited	audit	VERB
ajfa-4501	282	16	by	by	ADP
ajfa-4501	282	17	big	big	ADJ
ajfa-4501	282	18	4	4	NUM
ajfa-4501	282	19	,	,	PUNCT
ajfa-4501	282	20	and	and	CCONJ
ajfa-4501	282	21	zero	zero	NUM
ajfa-4501	282	22	otherwise	otherwise	ADV
ajfa-4501	282	23	.	.	PUNCT
ajfa-4501	283	1	spe	spe	PROPN
ajfa-4501	283	2	:	:	PUNCT
ajfa-4501	283	3	professional	professional	ADJ
ajfa-4501	283	4	cpa	cpa	NOUN
ajfa-4501	283	5	firms	firm	NOUN
ajfa-4501	283	6	;	;	PUNCT
ajfa-4501	283	7	equals	equal	VERB
ajfa-4501	283	8	to	to	ADP
ajfa-4501	283	9	1	1	NUM
ajfa-4501	283	10	when	when	SCONJ
ajfa-4501	283	11	the	the	DET
ajfa-4501	283	12	ratio	ratio	NOUN
ajfa-4501	283	13	of	of	ADP
ajfa-4501	283	14	audit	audit	NOUN
ajfa-4501	283	15	fees	fee	NOUN
ajfa-4501	283	16	over	over	ADP
ajfa-4501	283	17	total	total	ADJ
ajfa-4501	283	18	audit	audit	NOUN
ajfa-4501	283	19	fees	fee	NOUN
ajfa-4501	283	20	of	of	ADP
ajfa-4501	283	21	the	the	DET
ajfa-4501	283	22	schools	school	NOUN
ajfa-4501	283	23	is	be	AUX
ajfa-4501	283	24	greater	great	ADJ
ajfa-4501	283	25	than	than	ADP
ajfa-4501	283	26	10	10	NUM
ajfa-4501	283	27	%	%	NOUN
ajfa-4501	283	28	or	or	CCONJ
ajfa-4501	283	29	15	15	NUM
ajfa-4501	283	30	%	%	NOUN
ajfa-4501	283	31	,	,	PUNCT
ajfa-4501	283	32	0	0	NUM
ajfa-4501	283	33	otherwise	otherwise	ADV
ajfa-4501	283	34	.	.	PUNCT
ajfa-4501	284	1	lnasset	lnasset	NOUN
ajfa-4501	284	2	:	:	PUNCT
ajfa-4501	284	3	natural	natural	ADJ
ajfa-4501	284	4	log	log	NOUN
ajfa-4501	284	5	of	of	ADP
ajfa-4501	284	6	total	total	ADJ
ajfa-4501	284	7	assets	asset	NOUN
ajfa-4501	284	8	of	of	ADP
ajfa-4501	284	9	private	private	ADJ
ajfa-4501	284	10	universities	university	NOUN
ajfa-4501	284	11	and	and	CCONJ
ajfa-4501	284	12	junior	junior	ADJ
ajfa-4501	284	13	colleges	college	NOUN
ajfa-4501	284	14	,	,	PUNCT
ajfa-4501	284	15	proxy	proxy	NOUN
ajfa-4501	284	16	for	for	ADP
ajfa-4501	284	17	size	size	NOUN
ajfa-4501	284	18	.	.	PUNCT
ajfa-4501	285	1	debt	debt	NOUN
ajfa-4501	285	2	:	:	PUNCT
ajfa-4501	285	3	the	the	DET
ajfa-4501	285	4	ratio	ratio	NOUN
ajfa-4501	285	5	of	of	ADP
ajfa-4501	285	6	debt	debt	NOUN
ajfa-4501	285	7	to	to	ADP
ajfa-4501	285	8	total	total	ADJ
ajfa-4501	285	9	assets	asset	NOUN
ajfa-4501	285	10	,	,	PUNCT
ajfa-4501	285	11	proxy	proxy	NOUN
ajfa-4501	285	12	for	for	ADP
ajfa-4501	285	13	risks	risk	NOUN
ajfa-4501	285	14	.	.	PUNCT
ajfa-4501	286	1	int	int	NOUN
ajfa-4501	286	2	/	/	SYM
ajfa-4501	286	3	earn	earn	NOUN
ajfa-4501	286	4	:	:	PUNCT
ajfa-4501	286	5	interest	interest	NOUN
ajfa-4501	286	6	expenses	expense	NOUN
ajfa-4501	286	7	divided	divide	VERB
ajfa-4501	286	8	by	by	ADP
ajfa-4501	286	9	current	current	ADJ
ajfa-4501	286	10	net	net	ADJ
ajfa-4501	286	11	income	income	NOUN
ajfa-4501	286	12	/	/	SYM
ajfa-4501	286	13	loss	loss	NOUN
ajfa-4501	286	14	,	,	PUNCT
ajfa-4501	286	15	proxy	proxy	NOUN
ajfa-4501	286	16	for	for	ADP
ajfa-4501	286	17	risks	risk	NOUN
ajfa-4501	286	18	.	.	PUNCT
ajfa-4501	287	1	board	board	NOUN
ajfa-4501	287	2	:	:	PUNCT
ajfa-4501	287	3	the	the	DET
ajfa-4501	287	4	ratio	ratio	NOUN
ajfa-4501	287	5	of	of	ADP
ajfa-4501	287	6	board	board	NOUN
ajfa-4501	287	7	expenditures	expenditure	NOUN
ajfa-4501	287	8	to	to	ADP
ajfa-4501	287	9	current	current	ADJ
ajfa-4501	287	10	revenues	revenue	NOUN
ajfa-4501	287	11	,	,	PUNCT
ajfa-4501	287	12	proxy	proxy	NOUN
ajfa-4501	287	13	for	for	ADP
ajfa-4501	287	14	risks	risk	NOUN
ajfa-4501	287	15	.	.	PUNCT
ajfa-4501	288	1	donate	donate	VERB
ajfa-4501	288	2	:	:	PUNCT
ajfa-4501	288	3	the	the	DET
ajfa-4501	288	4	ratio	ratio	NOUN
ajfa-4501	288	5	of	of	ADP
ajfa-4501	288	6	personal	personal	ADJ
ajfa-4501	288	7	donation	donation	NOUN
ajfa-4501	288	8	to	to	ADP
ajfa-4501	288	9	current	current	ADJ
ajfa-4501	288	10	revenues	revenue	NOUN
ajfa-4501	288	11	,	,	PUNCT
ajfa-4501	288	12	proxy	proxy	NOUN
ajfa-4501	288	13	for	for	ADP
ajfa-4501	288	14	risks	risk	NOUN
ajfa-4501	288	15	.	.	PUNCT
ajfa-4501	289	1	earn	earn	VERB
ajfa-4501	289	2	:	:	PUNCT
ajfa-4501	289	3	the	the	DET
ajfa-4501	289	4	ratio	ratio	NOUN
ajfa-4501	289	5	of	of	ADP
ajfa-4501	289	6	current	current	ADJ
ajfa-4501	289	7	earnings	earning	NOUN
ajfa-4501	289	8	to	to	ADP
ajfa-4501	289	9	current	current	ADJ
ajfa-4501	289	10	revenues	revenue	NOUN
ajfa-4501	289	11	,	,	PUNCT
ajfa-4501	289	12	proxy	proxy	NOUN
ajfa-4501	289	13	for	for	ADP
ajfa-4501	289	14	risks	risk	NOUN
ajfa-4501	289	15	.	.	PUNCT
ajfa-4501	290	1	subsidy	subsidy	NOUN
ajfa-4501	290	2	:	:	PUNCT
ajfa-4501	290	3	the	the	DET
ajfa-4501	290	4	ratio	ratio	NOUN
ajfa-4501	290	5	of	of	ADP
ajfa-4501	290	6	subsidy	subsidy	NOUN
ajfa-4501	290	7	to	to	ADP
ajfa-4501	290	8	current	current	ADJ
ajfa-4501	290	9	revenues	revenue	NOUN
ajfa-4501	290	10	,	,	PUNCT
ajfa-4501	290	11	proxy	proxy	NOUN
ajfa-4501	290	12	for	for	ADP
ajfa-4501	290	13	risks	risk	NOUN
ajfa-4501	290	14	.	.	PUNCT
ajfa-4501	291	1	univ	univ	ADJ
ajfa-4501	291	2	:	:	PUNCT
ajfa-4501	291	3	equals	equal	VERB
ajfa-4501	291	4	to	to	ADP
ajfa-4501	291	5	one	one	NUM
ajfa-4501	291	6	if	if	SCONJ
ajfa-4501	291	7	university	university	NOUN
ajfa-4501	291	8	,	,	PUNCT
ajfa-4501	291	9	and	and	CCONJ
ajfa-4501	291	10	zero	zero	NUM
ajfa-4501	291	11	otherwise	otherwise	ADV
ajfa-4501	291	12	;	;	PUNCT
ajfa-4501	291	13	proxy	proxy	NOUN
ajfa-4501	291	14	for	for	ADP
ajfa-4501	291	15	complexity	complexity	NOUN
ajfa-4501	291	16	.	.	PUNCT
ajfa-4501	292	1	opp	opp	PROPN
ajfa-4501	292	2	/	/	SYM
ajfa-4501	292	3	ta	ta	PROPN
ajfa-4501	292	4	:	:	PUNCT
ajfa-4501	292	5	the	the	DET
ajfa-4501	292	6	ratio	ratio	NOUN
ajfa-4501	292	7	of	of	ADP
ajfa-4501	292	8	operating	operate	VERB
ajfa-4501	292	9	funds	fund	NOUN
ajfa-4501	292	10	to	to	ADP
ajfa-4501	292	11	total	total	ADJ
ajfa-4501	292	12	assets	asset	NOUN
ajfa-4501	292	13	,	,	PUNCT
ajfa-4501	292	14	proxy	proxy	NOUN
ajfa-4501	292	15	for	for	ADP
ajfa-4501	292	16	complexity	complexity	NOUN
ajfa-4501	292	17	.	.	PUNCT
ajfa-4501	293	1	*	*	PUNCT
ajfa-4501	293	2	*	*	PUNCT
ajfa-4501	293	3	correlation	correlation	NOUN
ajfa-4501	293	4	is	be	AUX
ajfa-4501	293	5	significant	significant	ADJ
ajfa-4501	293	6	at	at	ADP
ajfa-4501	293	7	the	the	DET
ajfa-4501	293	8	0.01	0.01	NUM
ajfa-4501	293	9	level	level	NOUN
ajfa-4501	293	10	(	(	PUNCT
ajfa-4501	293	11	2	2	NUM
ajfa-4501	293	12	-	-	PUNCT
ajfa-4501	293	13	tailed	tailed	ADJ
ajfa-4501	293	14	)	)	PUNCT
ajfa-4501	293	15	.	.	PUNCT
ajfa-4501	294	1	*	*	PUNCT
ajfa-4501	294	2	correlation	correlation	NOUN
ajfa-4501	294	3	is	be	AUX
ajfa-4501	294	4	significant	significant	ADJ
ajfa-4501	294	5	at	at	ADP
ajfa-4501	294	6	the	the	DET
ajfa-4501	294	7	0.05	0.05	NUM
ajfa-4501	294	8	level	level	NOUN
ajfa-4501	294	9	(	(	PUNCT
ajfa-4501	294	10	2	2	NUM
ajfa-4501	294	11	-	-	PUNCT
ajfa-4501	294	12	tailed	tailed	ADJ
ajfa-4501	294	13	)	)	PUNCT
ajfa-4501	294	14	.	.	PUNCT
ajfa-4501	295	1	asian	asian	ADJ
ajfa-4501	295	2	journal	journal	PROPN
ajfa-4501	295	3	of	of	ADP
ajfa-4501	295	4	finance	finance	PROPN
ajfa-4501	295	5	&	&	CCONJ
ajfa-4501	295	6	accounting	accounting	PROPN
ajfa-4501	295	7	issn	issn	PROPN
ajfa-4501	295	8	1946	1946	NUM
ajfa-4501	295	9	-	-	PUNCT
ajfa-4501	295	10	052x	052x	NOUN
ajfa-4501	295	11	2013	2013	NUM
ajfa-4501	295	12	,	,	PUNCT
ajfa-4501	295	13	vol	vol	NOUN
ajfa-4501	295	14	.	.	PROPN
ajfa-4501	295	15	5	5	NUM
ajfa-4501	295	16	,	,	PUNCT
ajfa-4501	295	17	no	no	INTJ
ajfa-4501	295	18	.	.	NOUN
ajfa-4501	295	19	2	2	NUM
ajfa-4501	295	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-4501	295	21	319	319	NUM
ajfa-4501	295	22	4.3	4.3	NUM
ajfa-4501	295	23	results	result	NOUN
ajfa-4501	295	24	of	of	ADP
ajfa-4501	295	25	regression	regression	NOUN
ajfa-4501	295	26	models	model	NOUN
ajfa-4501	295	27	as	as	ADP
ajfa-4501	295	28	table	table	NOUN
ajfa-4501	295	29	6	6	NUM
ajfa-4501	295	30	shows	show	NOUN
ajfa-4501	295	31	,	,	PUNCT
ajfa-4501	295	32	of	of	ADP
ajfa-4501	295	33	the	the	DET
ajfa-4501	295	34	302	302	NUM
ajfa-4501	295	35	samples	sample	NOUN
ajfa-4501	295	36	conducted	conduct	VERB
ajfa-4501	295	37	for	for	ADP
ajfa-4501	295	38	the	the	DET
ajfa-4501	295	39	2001	2001	NUM
ajfa-4501	295	40	-	-	SYM
ajfa-4501	295	41	2003	2003	NUM
ajfa-4501	295	42	academic	academic	ADJ
ajfa-4501	295	43	years	year	NOUN
ajfa-4501	295	44	,	,	PUNCT
ajfa-4501	295	45	more	more	ADJ
ajfa-4501	295	46	than	than	ADP
ajfa-4501	295	47	10	10	NUM
ajfa-4501	295	48	%	%	NOUN
ajfa-4501	295	49	of	of	ADP
ajfa-4501	295	50	the	the	DET
ajfa-4501	295	51	entire	entire	ADJ
ajfa-4501	295	52	sample	sample	NOUN
ajfa-4501	295	53	group	group	NOUN
ajfa-4501	295	54	,	,	PUNCT
ajfa-4501	295	55	defined	define	VERB
ajfa-4501	295	56	as	as	ADP
ajfa-4501	295	57	audit	audit	NOUN
ajfa-4501	295	58	fees	fee	NOUN
ajfa-4501	295	59	provided	provide	VERB
ajfa-4501	295	60	by	by	ADP
ajfa-4501	295	61	one	one	NUM
ajfa-4501	295	62	single	single	ADJ
ajfa-4501	295	63	audit	audit	NOUN
ajfa-4501	295	64	firm	firm	NOUN
ajfa-4501	295	65	,	,	PUNCT
ajfa-4501	295	66	are	be	AUX
ajfa-4501	295	67	industry	industry	NOUN
ajfa-4501	295	68	specialists	specialist	NOUN
ajfa-4501	295	69	;	;	PUNCT
ajfa-4501	295	70	and	and	CCONJ
ajfa-4501	295	71	after	after	ADP
ajfa-4501	295	72	filtration	filtration	NOUN
ajfa-4501	295	73	,	,	PUNCT
ajfa-4501	295	74	ninety	ninety	NUM
ajfa-4501	295	75	-	-	PUNCT
ajfa-4501	295	76	four	four	NUM
ajfa-4501	295	77	samples	sample	NOUN
ajfa-4501	295	78	in	in	ADP
ajfa-4501	295	79	total	total	NOUN
ajfa-4501	295	80	are	be	AUX
ajfa-4501	295	81	cases	case	NOUN
ajfa-4501	295	82	handled	handle	VERB
ajfa-4501	295	83	by	by	ADP
ajfa-4501	295	84	the	the	DET
ajfa-4501	295	85	big4	big4	NOUN
ajfa-4501	295	86	audit	audit	NOUN
ajfa-4501	295	87	firms	firm	NOUN
ajfa-4501	295	88	.	.	PUNCT
ajfa-4501	296	1	when	when	SCONJ
ajfa-4501	296	2	the	the	DET
ajfa-4501	296	3	threshold	threshold	NOUN
ajfa-4501	296	4	is	be	AUX
ajfa-4501	296	5	increased	increase	VERB
ajfa-4501	296	6	to	to	ADP
ajfa-4501	296	7	15	15	NUM
ajfa-4501	296	8	%	%	NOUN
ajfa-4501	296	9	,	,	PUNCT
ajfa-4501	296	10	fifty	fifty	NUM
ajfa-4501	296	11	-	-	PUNCT
ajfa-4501	296	12	nine	nine	NUM
ajfa-4501	296	13	sample	sample	NOUN
ajfa-4501	296	14	cases	case	NOUN
ajfa-4501	296	15	are	be	AUX
ajfa-4501	296	16	industry	industry	NOUN
ajfa-4501	296	17	specialists	specialist	NOUN
ajfa-4501	296	18	.	.	PUNCT
ajfa-4501	297	1	table	table	NOUN
ajfa-4501	297	2	6	6	NUM
ajfa-4501	297	3	.	.	PUNCT
ajfa-4501	298	1	cpas	cpa	NOUN
ajfa-4501	298	2	and	and	CCONJ
ajfa-4501	298	3	types	type	NOUN
ajfa-4501	298	4	of	of	ADP
ajfa-4501	298	5	private	private	ADJ
ajfa-4501	298	6	universities	university	NOUN
ajfa-4501	298	7	and	and	CCONJ
ajfa-4501	298	8	colleges	college	NOUN
ajfa-4501	298	9	cpas	cpa	NOUN
ajfa-4501	298	10	specialist	specialist	NOUN
ajfa-4501	298	11	(	(	PUNCT
ajfa-4501	298	12	10	10	NUM
ajfa-4501	298	13	%	%	NOUN
ajfa-4501	298	14	threshold	threshold	NOUN
ajfa-4501	298	15	)	)	PUNCT
ajfa-4501	298	16	specialist	specialist	NOUN
ajfa-4501	298	17	(	(	PUNCT
ajfa-4501	298	18	15	15	NUM
ajfa-4501	298	19	%	%	NOUN
ajfa-4501	298	20	threshold	threshold	NOUN
ajfa-4501	298	21	)	)	PUNCT
ajfa-4501	298	22	universities	university	NOUN
ajfa-4501	298	23	and	and	CCONJ
ajfa-4501	298	24	colleges	college	NOUN
ajfa-4501	298	25	institutes	institutes	PROPN
ajfa-4501	298	26	of	of	ADP
ajfa-4501	298	27	technology	technology	NOUN
ajfa-4501	298	28	total	total	ADJ
ajfa-4501	298	29	universities	university	NOUN
ajfa-4501	298	30	and	and	CCONJ
ajfa-4501	298	31	colleges	college	NOUN
ajfa-4501	298	32	institutes	institutes	PROPN
ajfa-4501	298	33	of	of	ADP
ajfa-4501	298	34	technology	technology	PROPN
ajfa-4501	298	35	total	total	NOUN
ajfa-4501	298	36	specialist	specialist	NOUN
ajfa-4501	298	37	33	33	NUM
ajfa-4501	298	38	61	61	NUM
ajfa-4501	298	39	94	94	NUM
ajfa-4501	298	40	19	19	NUM
ajfa-4501	298	41	40	40	NUM
ajfa-4501	298	42	59	59	NUM
ajfa-4501	298	43	non	non	ADJ
ajfa-4501	298	44	-	-	ADJ
ajfa-4501	298	45	specialist	specialist	ADJ
ajfa-4501	298	46	big	big	ADJ
ajfa-4501	298	47	4	4	NUM
ajfa-4501	298	48	11	11	NUM
ajfa-4501	298	49	13	13	NUM
ajfa-4501	298	50	24	24	NUM
ajfa-4501	298	51	25	25	NUM
ajfa-4501	298	52	34	34	NUM
ajfa-4501	298	53	59	59	NUM
ajfa-4501	298	54	nonbig	nonbig	NOUN
ajfa-4501	298	55	4	4	NUM
ajfa-4501	298	56	61	61	NUM
ajfa-4501	298	57	123	123	NUM
ajfa-4501	298	58	184	184	NUM
ajfa-4501	298	59	61	61	NUM
ajfa-4501	298	60	123	123	NUM
ajfa-4501	298	61	184	184	NUM
ajfa-4501	298	62	total	total	NOUN
ajfa-4501	298	63	105	105	NUM
ajfa-4501	298	64	197	197	NUM
ajfa-4501	298	65	302	302	NUM
ajfa-4501	298	66	105	105	NUM
ajfa-4501	298	67	197	197	NUM
ajfa-4501	298	68	302	302	NUM
ajfa-4501	298	69	because	because	SCONJ
ajfa-4501	298	70	of	of	ADP
ajfa-4501	298	71	the	the	DET
ajfa-4501	298	72	close	close	ADJ
ajfa-4501	298	73	relationships	relationship	NOUN
ajfa-4501	298	74	between	between	ADP
ajfa-4501	298	75	these	these	DET
ajfa-4501	298	76	two	two	NUM
ajfa-4501	298	77	variables	variable	NOUN
ajfa-4501	298	78	,	,	PUNCT
ajfa-4501	298	79	the	the	DET
ajfa-4501	298	80	four	four	NUM
ajfa-4501	298	81	major	major	ADJ
ajfa-4501	298	82	audit	audit	NOUN
ajfa-4501	298	83	firms	firm	NOUN
ajfa-4501	298	84	(	(	PUNCT
ajfa-4501	298	85	big4	big4	PROPN
ajfa-4501	298	86	)	)	PUNCT
ajfa-4501	298	87	and	and	CCONJ
ajfa-4501	298	88	the	the	DET
ajfa-4501	298	89	industry	industry	NOUN
ajfa-4501	298	90	specialist	specialist	NOUN
ajfa-4501	298	91	(	(	PUNCT
ajfa-4501	298	92	spe	spe	PROPN
ajfa-4501	298	93	)	)	PUNCT
ajfa-4501	298	94	,	,	PUNCT
ajfa-4501	298	95	when	when	SCONJ
ajfa-4501	298	96	the	the	DET
ajfa-4501	298	97	industry	industry	NOUN
ajfa-4501	298	98	specialist	specialist	NOUN
ajfa-4501	298	99	accounts	account	VERB
ajfa-4501	298	100	for	for	ADP
ajfa-4501	298	101	10	10	NUM
ajfa-4501	298	102	%	%	NOUN
ajfa-4501	298	103	of	of	ADP
ajfa-4501	298	104	the	the	DET
ajfa-4501	298	105	sampling	sample	VERB
ajfa-4501	298	106	population	population	NOUN
ajfa-4501	298	107	,	,	PUNCT
ajfa-4501	298	108	the	the	DET
ajfa-4501	298	109	pearson	pearson	PROPN
ajfa-4501	298	110	coefficient	coefficient	NOUN
ajfa-4501	298	111	is	be	AUX
ajfa-4501	298	112	0.839	0.839	NUM
ajfa-4501	298	113	with	with	ADP
ajfa-4501	298	114	1	1	NUM
ajfa-4501	298	115	%	%	NOUN
ajfa-4501	298	116	significance	significance	NOUN
ajfa-4501	298	117	level	level	NOUN
ajfa-4501	298	118	and	and	CCONJ
ajfa-4501	298	119	at	at	ADP
ajfa-4501	298	120	15	15	NUM
ajfa-4501	298	121	%	%	NOUN
ajfa-4501	298	122	,	,	PUNCT
ajfa-4501	298	123	the	the	DET
ajfa-4501	298	124	pearson	pearson	PROPN
ajfa-4501	298	125	coefficient	coefficient	NOUN
ajfa-4501	298	126	is	be	AUX
ajfa-4501	298	127	0.731	0.731	NUM
ajfa-4501	298	128	at	at	ADP
ajfa-4501	298	129	the	the	DET
ajfa-4501	298	130	1	1	NUM
ajfa-4501	298	131	%	%	NOUN
ajfa-4501	298	132	significance	significance	NOUN
ajfa-4501	298	133	level	level	NOUN
ajfa-4501	298	134	.	.	PUNCT
ajfa-4501	299	1	therefore	therefore	ADV
ajfa-4501	299	2	,	,	PUNCT
ajfa-4501	299	3	when	when	SCONJ
ajfa-4501	299	4	the	the	DET
ajfa-4501	299	5	regression	regression	NOUN
ajfa-4501	299	6	model	model	NOUN
ajfa-4501	299	7	consists	consist	VERB
ajfa-4501	299	8	of	of	ADP
ajfa-4501	299	9	both	both	CCONJ
ajfa-4501	299	10	the	the	DET
ajfa-4501	299	11	big4	big4	NOUN
ajfa-4501	299	12	and	and	CCONJ
ajfa-4501	299	13	spe	spe	ADJ
ajfa-4501	299	14	variables	variable	NOUN
ajfa-4501	299	15	simultaneously	simultaneously	ADV
ajfa-4501	299	16	,	,	PUNCT
ajfa-4501	299	17	problems	problem	NOUN
ajfa-4501	299	18	of	of	ADP
ajfa-4501	299	19	collinearality	collinearality	NOUN
ajfa-4501	299	20	may	may	AUX
ajfa-4501	299	21	surface	surface	VERB
ajfa-4501	299	22	.	.	PUNCT
ajfa-4501	300	1	hence	hence	ADV
ajfa-4501	300	2	,	,	PUNCT
ajfa-4501	300	3	when	when	SCONJ
ajfa-4501	300	4	conducting	conduct	VERB
ajfa-4501	300	5	the	the	DET
ajfa-4501	300	6	demonstration	demonstration	NOUN
ajfa-4501	300	7	,	,	PUNCT
ajfa-4501	300	8	eq	eq	X
ajfa-4501	300	9	(	(	PUNCT
ajfa-4501	300	10	1	1	X
ajfa-4501	300	11	)	)	PUNCT
ajfa-4501	300	12	is	be	AUX
ajfa-4501	300	13	used	use	VERB
ajfa-4501	300	14	to	to	PART
ajfa-4501	300	15	independently	independently	ADV
ajfa-4501	300	16	test	test	VERB
ajfa-4501	300	17	the	the	DET
ajfa-4501	300	18	non	non	ADJ
ajfa-4501	300	19	-	-	ADJ
ajfa-4501	300	20	industry	industry	ADJ
ajfa-4501	300	21	specialist	specialist	NOUN
ajfa-4501	300	22	samples	sample	NOUN
ajfa-4501	300	23	,	,	PUNCT
ajfa-4501	300	24	and	and	CCONJ
ajfa-4501	300	25	to	to	PART
ajfa-4501	300	26	examine	examine	VERB
ajfa-4501	300	27	whether	whether	SCONJ
ajfa-4501	300	28	trademark	trademark	NOUN
ajfa-4501	300	29	premiums	premium	NOUN
ajfa-4501	300	30	exist	exist	VERB
ajfa-4501	300	31	as	as	SCONJ
ajfa-4501	300	32	stated	state	VERB
ajfa-4501	300	33	in	in	ADP
ajfa-4501	300	34	hypothesis	hypothesis	NOUN
ajfa-4501	300	35	2	2	NUM
ajfa-4501	300	36	.	.	PUNCT
ajfa-4501	301	1	this	this	PRON
ajfa-4501	301	2	is	be	AUX
ajfa-4501	301	3	followed	follow	VERB
ajfa-4501	301	4	by	by	ADP
ajfa-4501	301	5	an	an	DET
ajfa-4501	301	6	independent	independent	ADJ
ajfa-4501	301	7	test	test	NOUN
ajfa-4501	301	8	using	use	VERB
ajfa-4501	301	9	eq	eq	NOUN
ajfa-4501	301	10	(	(	PUNCT
ajfa-4501	301	11	2	2	NUM
ajfa-4501	301	12	)	)	PUNCT
ajfa-4501	301	13	to	to	PART
ajfa-4501	301	14	examine	examine	VERB
ajfa-4501	301	15	the	the	DET
ajfa-4501	301	16	big4	big4	NOUN
ajfa-4501	301	17	samples	sample	NOUN
ajfa-4501	301	18	to	to	PART
ajfa-4501	301	19	see	see	VERB
ajfa-4501	301	20	whether	whether	SCONJ
ajfa-4501	301	21	an	an	DET
ajfa-4501	301	22	industry	industry	NOUN
ajfa-4501	301	23	specialist	specialist	NOUN
ajfa-4501	301	24	premium	premium	NOUN
ajfa-4501	301	25	exists	exist	VERB
ajfa-4501	301	26	in	in	ADP
ajfa-4501	301	27	hypothesis	hypothesis	NOUN
ajfa-4501	301	28	3	3	NUM
ajfa-4501	301	29	.	.	PUNCT
ajfa-4501	302	1	finally	finally	ADV
ajfa-4501	302	2	,	,	PUNCT
ajfa-4501	302	3	eq	eq	X
ajfa-4501	302	4	(	(	PUNCT
ajfa-4501	302	5	3	3	X
ajfa-4501	302	6	)	)	PUNCT
ajfa-4501	302	7	is	be	AUX
ajfa-4501	302	8	used	use	VERB
ajfa-4501	302	9	to	to	PART
ajfa-4501	302	10	test	test	VERB
ajfa-4501	302	11	the	the	DET
ajfa-4501	302	12	entire	entire	ADJ
ajfa-4501	302	13	sample	sample	NOUN
ajfa-4501	302	14	group	group	NOUN
ajfa-4501	302	15	for	for	ADP
ajfa-4501	302	16	existing	exist	VERB
ajfa-4501	302	17	auditor	auditor	NOUN
ajfa-4501	302	18	brand	brand	NOUN
ajfa-4501	302	19	name	name	NOUN
ajfa-4501	302	20	and	and	CCONJ
ajfa-4501	302	21	industry	industry	NOUN
ajfa-4501	302	22	specialist	specialist	NOUN
ajfa-4501	302	23	premiums	premium	NOUN
ajfa-4501	302	24	.	.	PUNCT
ajfa-4501	303	1	when	when	SCONJ
ajfa-4501	303	2	this	this	DET
ajfa-4501	303	3	research	research	NOUN
ajfa-4501	303	4	sets	set	VERB
ajfa-4501	303	5	the	the	DET
ajfa-4501	303	6	specialist	specialist	ADJ
ajfa-4501	303	7	threshold	threshold	NOUN
ajfa-4501	303	8	at	at	ADP
ajfa-4501	303	9	10	10	NUM
ajfa-4501	303	10	%	%	NOUN
ajfa-4501	303	11	,	,	PUNCT
ajfa-4501	303	12	there	there	PRON
ajfa-4501	303	13	are	be	VERB
ajfa-4501	303	14	two	two	NUM
ajfa-4501	303	15	industry	industry	NOUN
ajfa-4501	303	16	specialist	specialist	NOUN
ajfa-4501	303	17	firms	firm	NOUN
ajfa-4501	303	18	:	:	PUNCT
ajfa-4501	303	19	pricewaterhousecoopers	pricewaterhousecooper	NOUN
ajfa-4501	303	20	,	,	PUNCT
ajfa-4501	303	21	which	which	PRON
ajfa-4501	303	22	conducted	conduct	VERB
ajfa-4501	303	23	audit	audit	NOUN
ajfa-4501	303	24	services	service	NOUN
ajfa-4501	303	25	for	for	ADP
ajfa-4501	303	26	fifty	fifty	NUM
ajfa-4501	303	27	-	-	PUNCT
ajfa-4501	303	28	nine	nine	NUM
ajfa-4501	303	29	schools	school	NOUN
ajfa-4501	303	30	(	(	PUNCT
ajfa-4501	303	31	accounting	account	VERB
ajfa-4501	303	32	for	for	ADP
ajfa-4501	303	33	29.38	29.38	NUM
ajfa-4501	303	34	%	%	NOUN
ajfa-4501	303	35	of	of	ADP
ajfa-4501	303	36	the	the	DET
ajfa-4501	303	37	total	total	ADJ
ajfa-4501	303	38	sample	sample	NOUN
ajfa-4501	303	39	during	during	ADP
ajfa-4501	303	40	the	the	DET
ajfa-4501	303	41	three	three	NUM
ajfa-4501	303	42	-	-	PUNCT
ajfa-4501	303	43	year	year	NOUN
ajfa-4501	303	44	period	period	NOUN
ajfa-4501	303	45	)	)	PUNCT
ajfa-4501	303	46	and	and	CCONJ
ajfa-4501	303	47	deloitte	deloitte	PROPN
ajfa-4501	303	48	&	&	CCONJ
ajfa-4501	303	49	touch	touch	PROPN
ajfa-4501	303	50	,	,	PUNCT
ajfa-4501	303	51	which	which	PRON
ajfa-4501	303	52	completed	complete	VERB
ajfa-4501	303	53	audit	audit	NOUN
ajfa-4501	303	54	services	service	NOUN
ajfa-4501	303	55	for	for	ADP
ajfa-4501	303	56	thirty	thirty	NUM
ajfa-4501	303	57	-	-	PUNCT
ajfa-4501	303	58	five	five	NUM
ajfa-4501	303	59	schools	school	NOUN
ajfa-4501	303	60	(	(	PUNCT
ajfa-4501	303	61	not	not	PART
ajfa-4501	303	62	including	include	VERB
ajfa-4501	303	63	cases	case	NOUN
ajfa-4501	303	64	before	before	ADP
ajfa-4501	303	65	merging	merge	VERB
ajfa-4501	303	66	)	)	PUNCT
ajfa-4501	303	67	during	during	ADP
ajfa-4501	303	68	the	the	DET
ajfa-4501	303	69	three	three	NUM
ajfa-4501	303	70	-	-	PUNCT
ajfa-4501	303	71	year	year	NOUN
ajfa-4501	303	72	sampling	sampling	NOUN
ajfa-4501	303	73	period	period	NOUN
ajfa-4501	303	74	which	which	PRON
ajfa-4501	303	75	accounts	account	VERB
ajfa-4501	303	76	for	for	ADP
ajfa-4501	303	77	13.64	13.64	NUM
ajfa-4501	303	78	%	%	NOUN
ajfa-4501	303	79	of	of	ADP
ajfa-4501	303	80	the	the	DET
ajfa-4501	303	81	total	total	ADJ
ajfa-4501	303	82	sampling	sample	VERB
ajfa-4501	303	83	number	number	NOUN
ajfa-4501	303	84	.	.	PUNCT
ajfa-4501	304	1	the	the	DET
ajfa-4501	304	2	percentages	percentage	NOUN
ajfa-4501	304	3	of	of	ADP
ajfa-4501	304	4	audit	audit	NOUN
ajfa-4501	304	5	fees	fee	NOUN
ajfa-4501	304	6	accounted	account	VERB
ajfa-4501	304	7	by	by	ADP
ajfa-4501	304	8	the	the	DET
ajfa-4501	304	9	rest	rest	NOUN
ajfa-4501	304	10	of	of	ADP
ajfa-4501	304	11	the	the	DET
ajfa-4501	304	12	auditing	auditing	NOUN
ajfa-4501	304	13	firms	firm	NOUN
ajfa-4501	304	14	are	be	AUX
ajfa-4501	304	15	all	all	ADV
ajfa-4501	304	16	below	below	ADP
ajfa-4501	304	17	10	10	NUM
ajfa-4501	304	18	%	%	NOUN
ajfa-4501	304	19	.	.	PUNCT
ajfa-4501	305	1	when	when	SCONJ
ajfa-4501	305	2	using	use	VERB
ajfa-4501	305	3	(	(	PUNCT
ajfa-4501	305	4	1	1	NUM
ajfa-4501	305	5	)	)	PUNCT
ajfa-4501	305	6	to	to	PART
ajfa-4501	305	7	exam	exam	VERB
ajfa-4501	305	8	the	the	DET
ajfa-4501	305	9	total	total	ADJ
ajfa-4501	305	10	occupancy	occupancy	NOUN
ajfa-4501	305	11	rate	rate	NOUN
ajfa-4501	305	12	of	of	ADP
ajfa-4501	305	13	the	the	DET
ajfa-4501	305	14	school	school	NOUN
ajfa-4501	305	15	and	and	CCONJ
ajfa-4501	305	16	(	(	PUNCT
ajfa-4501	305	17	2	2	NUM
ajfa-4501	305	18	)	)	PUNCT
ajfa-4501	305	19	to	to	PART
ajfa-4501	305	20	exam	exam	VERB
ajfa-4501	305	21	the	the	DET
ajfa-4501	305	22	percentage	percentage	NOUN
ajfa-4501	305	23	of	of	ADP
ajfa-4501	305	24	total	total	ADJ
ajfa-4501	305	25	school	school	NOUN
ajfa-4501	305	26	capital	capital	NOUN
ajfa-4501	305	27	that	that	PRON
ajfa-4501	305	28	accounts	account	VERB
ajfa-4501	305	29	for	for	ADP
ajfa-4501	305	30	the	the	DET
ajfa-4501	305	31	overall	overall	ADJ
ajfa-4501	305	32	total	total	ADJ
ajfa-4501	305	33	school	school	NOUN
ajfa-4501	305	34	capital	capital	NOUN
ajfa-4501	305	35	of	of	ADP
ajfa-4501	305	36	the	the	DET
ajfa-4501	305	37	representative	representative	ADJ
ajfa-4501	305	38	auditor	auditor	NOUN
ajfa-4501	305	39	industry	industry	NOUN
ajfa-4501	305	40	specialists	specialist	NOUN
ajfa-4501	305	41	,	,	PUNCT
ajfa-4501	305	42	the	the	DET
ajfa-4501	305	43	outcomes	outcome	NOUN
ajfa-4501	305	44	for	for	ADP
ajfa-4501	305	45	categorized	categorize	VERB
ajfa-4501	305	46	results	result	NOUN
ajfa-4501	305	47	and	and	CCONJ
ajfa-4501	305	48	categorized	categorize	VERB
ajfa-4501	305	49	audit	audit	NOUN
ajfa-4501	305	50	fees	fee	NOUN
ajfa-4501	305	51	are	be	AUX
ajfa-4501	305	52	the	the	DET
ajfa-4501	305	53	same	same	ADJ
ajfa-4501	305	54	.	.	PUNCT
ajfa-4501	306	1	when	when	SCONJ
ajfa-4501	306	2	proceeding	proceed	VERB
ajfa-4501	306	3	with	with	ADP
ajfa-4501	306	4	the	the	DET
ajfa-4501	306	5	demonstration	demonstration	NOUN
ajfa-4501	306	6	,	,	PUNCT
ajfa-4501	306	7	the	the	DET
ajfa-4501	306	8	sample	sample	NOUN
ajfa-4501	306	9	is	be	AUX
ajfa-4501	306	10	then	then	ADV
ajfa-4501	306	11	separated	separate	VERB
ajfa-4501	306	12	into	into	ADP
ajfa-4501	306	13	two	two	NUM
ajfa-4501	306	14	groups	group	NOUN
ajfa-4501	306	15	of	of	ADP
ajfa-4501	306	16	asian	asian	ADJ
ajfa-4501	306	17	journal	journal	NOUN
ajfa-4501	306	18	of	of	ADP
ajfa-4501	306	19	finance	finance	PROPN
ajfa-4501	306	20	&	&	CCONJ
ajfa-4501	306	21	accounting	accounting	PROPN
ajfa-4501	306	22	issn	issn	PROPN
ajfa-4501	306	23	1946	1946	NUM
ajfa-4501	306	24	-	-	PUNCT
ajfa-4501	306	25	052x	052x	NOUN
ajfa-4501	306	26	2013	2013	NUM
ajfa-4501	306	27	,	,	PUNCT
ajfa-4501	306	28	vol	vol	NOUN
ajfa-4501	306	29	.	.	PROPN
ajfa-4501	306	30	5	5	NUM
ajfa-4501	306	31	,	,	PUNCT
ajfa-4501	306	32	no	no	INTJ
ajfa-4501	306	33	.	.	NOUN
ajfa-4501	306	34	2	2	NUM
ajfa-4501	306	35	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-4501	306	36	320	320	NUM
ajfa-4501	306	37	industry	industry	NOUN
ajfa-4501	306	38	specialists	specialist	NOUN
ajfa-4501	306	39	and	and	CCONJ
ajfa-4501	306	40	non	non	ADJ
ajfa-4501	306	41	-	-	ADJ
ajfa-4501	306	42	industry	industry	ADJ
ajfa-4501	306	43	specialists	specialist	NOUN
ajfa-4501	306	44	;	;	PUNCT
ajfa-4501	306	45	when	when	SCONJ
ajfa-4501	306	46	the	the	DET
ajfa-4501	306	47	definition	definition	NOUN
ajfa-4501	306	48	for	for	ADP
ajfa-4501	306	49	industry	industry	NOUN
ajfa-4501	306	50	specialists	specialist	NOUN
ajfa-4501	306	51	is	be	AUX
ajfa-4501	306	52	set	set	VERB
ajfa-4501	306	53	at	at	ADP
ajfa-4501	306	54	10	10	NUM
ajfa-4501	306	55	%	%	NOUN
ajfa-4501	306	56	,	,	PUNCT
ajfa-4501	306	57	the	the	DET
ajfa-4501	306	58	samples	sample	NOUN
ajfa-4501	306	59	collected	collect	VERB
ajfa-4501	306	60	of	of	ADP
ajfa-4501	306	61	industry	industry	NOUN
ajfa-4501	306	62	specialists	specialist	NOUN
ajfa-4501	306	63	and	and	CCONJ
ajfa-4501	306	64	non	non	ADJ
ajfa-4501	306	65	-	-	ADJ
ajfa-4501	306	66	industry	industry	ADJ
ajfa-4501	306	67	specialists	specialist	NOUN
ajfa-4501	306	68	are	be	AUX
ajfa-4501	306	69	94	94	NUM
ajfa-4501	306	70	and	and	CCONJ
ajfa-4501	306	71	208	208	NUM
ajfa-4501	306	72	,	,	PUNCT
ajfa-4501	306	73	respectively	respectively	ADV
ajfa-4501	306	74	.	.	PUNCT
ajfa-4501	307	1	when	when	SCONJ
ajfa-4501	307	2	the	the	DET
ajfa-4501	307	3	threshold	threshold	NOUN
ajfa-4501	307	4	is	be	AUX
ajfa-4501	307	5	defined	define	VERB
ajfa-4501	307	6	at	at	ADP
ajfa-4501	307	7	15	15	NUM
ajfa-4501	307	8	%	%	NOUN
ajfa-4501	307	9	,	,	PUNCT
ajfa-4501	307	10	the	the	DET
ajfa-4501	307	11	samples	sample	NOUN
ajfa-4501	307	12	are	be	AUX
ajfa-4501	307	13	59	59	NUM
ajfa-4501	307	14	and	and	CCONJ
ajfa-4501	307	15	243	243	NUM
ajfa-4501	307	16	.	.	PUNCT
ajfa-4501	308	1	first	first	ADJ
ajfa-4501	308	2	,	,	PUNCT
ajfa-4501	308	3	non	non	ADJ
ajfa-4501	308	4	-	-	ADJ
ajfa-4501	308	5	industry	industry	ADJ
ajfa-4501	308	6	specialist	specialist	NOUN
ajfa-4501	308	7	samples	sample	NOUN
ajfa-4501	308	8	were	be	AUX
ajfa-4501	308	9	used	use	VERB
ajfa-4501	308	10	to	to	PART
ajfa-4501	308	11	examine	examine	VERB
ajfa-4501	308	12	hypothesis	hypothesis	NOUN
ajfa-4501	308	13	2	2	NUM
ajfa-4501	308	14	.	.	PUNCT
ajfa-4501	309	1	in	in	ADP
ajfa-4501	309	2	an	an	DET
ajfa-4501	309	3	industry	industry	NOUN
ajfa-4501	309	4	consisting	consist	VERB
ajfa-4501	309	5	of	of	ADP
ajfa-4501	309	6	professional	professional	ADJ
ajfa-4501	309	7	audit	audit	NOUN
ajfa-4501	309	8	firms	firm	NOUN
ajfa-4501	309	9	(	(	PUNCT
ajfa-4501	309	10	specialists	specialist	NOUN
ajfa-4501	309	11	)	)	PUNCT
ajfa-4501	309	12	,	,	PUNCT
ajfa-4501	309	13	the	the	DET
ajfa-4501	309	14	audit	audit	NOUN
ajfa-4501	309	15	fees	fee	NOUN
ajfa-4501	309	16	of	of	ADP
ajfa-4501	309	17	the	the	DET
ajfa-4501	309	18	big4	big4	NOUN
ajfa-4501	309	19	non	non	ADJ
ajfa-4501	309	20	-	-	ADJ
ajfa-4501	309	21	specialist	specialist	ADJ
ajfa-4501	309	22	audit	audit	NOUN
ajfa-4501	309	23	firms	firm	NOUN
ajfa-4501	309	24	are	be	AUX
ajfa-4501	309	25	higher	high	ADJ
ajfa-4501	309	26	than	than	ADP
ajfa-4501	309	27	the	the	DET
ajfa-4501	309	28	non	non	ADJ
ajfa-4501	309	29	-	-	ADJ
ajfa-4501	309	30	big4	big4	ADJ
ajfa-4501	309	31	auditing	auditing	NOUN
ajfa-4501	309	32	firms	firm	NOUN
ajfa-4501	309	33	,	,	PUNCT
ajfa-4501	309	34	which	which	PRON
ajfa-4501	309	35	demonstrate	demonstrate	VERB
ajfa-4501	309	36	that	that	SCONJ
ajfa-4501	309	37	the	the	DET
ajfa-4501	309	38	model	model	NOUN
ajfa-4501	309	39	is	be	AUX
ajfa-4501	309	40	the	the	DET
ajfa-4501	309	41	same	same	ADJ
ajfa-4501	309	42	as	as	ADP
ajfa-4501	309	43	eq	eq	NOUN
ajfa-4501	309	44	(	(	PUNCT
ajfa-4501	309	45	1	1	NUM
ajfa-4501	309	46	)	)	PUNCT
ajfa-4501	309	47	.	.	PUNCT
ajfa-4501	310	1	in	in	ADP
ajfa-4501	310	2	the	the	DET
ajfa-4501	310	3	research	research	NOUN
ajfa-4501	310	4	conducted	conduct	VERB
ajfa-4501	310	5	by	by	ADP
ajfa-4501	310	6	francis	francis	PROPN
ajfa-4501	310	7	(	(	PUNCT
ajfa-4501	310	8	1984	1984	NUM
ajfa-4501	310	9	)	)	PUNCT
ajfa-4501	310	10	,	,	PUNCT
ajfa-4501	310	11	craswell	craswell	INTJ
ajfa-4501	310	12	et	et	PROPN
ajfa-4501	310	13	al	al	PROPN
ajfa-4501	310	14	.	.	PROPN
ajfa-4501	311	1	(	(	PUNCT
ajfa-4501	311	2	1995	1995	NUM
ajfa-4501	311	3	)	)	PUNCT
ajfa-4501	311	4	and	and	CCONJ
ajfa-4501	311	5	palmrose	palmrose	ADJ
ajfa-4501	311	6	(	(	PUNCT
ajfa-4501	311	7	1986	1986	NUM
ajfa-4501	311	8	)	)	PUNCT
ajfa-4501	311	9	,	,	PUNCT
ajfa-4501	311	10	the	the	DET
ajfa-4501	311	11	big6	big6	VERB
ajfa-4501	311	12	audit	audit	NOUN
ajfa-4501	311	13	firms	firm	NOUN
ajfa-4501	311	14	charged	charge	VERB
ajfa-4501	311	15	higher	high	ADJ
ajfa-4501	311	16	fees	fee	NOUN
ajfa-4501	311	17	due	due	ADP
ajfa-4501	311	18	to	to	ADP
ajfa-4501	311	19	higher	high	ADJ
ajfa-4501	311	20	quality	quality	NOUN
ajfa-4501	311	21	auditing	auditing	NOUN
ajfa-4501	311	22	services	service	NOUN
ajfa-4501	311	23	they	they	PRON
ajfa-4501	311	24	provided	provide	VERB
ajfa-4501	311	25	.	.	PUNCT
ajfa-4501	312	1	therefore	therefore	ADV
ajfa-4501	312	2	when	when	SCONJ
ajfa-4501	312	3	we	we	PRON
ajfa-4501	312	4	use	use	VERB
ajfa-4501	312	5	the	the	DET
ajfa-4501	312	6	scale	scale	NOUN
ajfa-4501	312	7	of	of	ADP
ajfa-4501	312	8	an	an	DET
ajfa-4501	312	9	auditing	auditing	NOUN
ajfa-4501	312	10	firm	firm	NOUN
ajfa-4501	312	11	to	to	PART
ajfa-4501	312	12	represent	represent	VERB
ajfa-4501	312	13	its	its	PRON
ajfa-4501	312	14	auditing	auditing	NOUN
ajfa-4501	312	15	quality	quality	NOUN
ajfa-4501	312	16	,	,	PUNCT
ajfa-4501	312	17	this	this	DET
ajfa-4501	312	18	work	work	NOUN
ajfa-4501	312	19	considers	consider	VERB
ajfa-4501	312	20	the	the	DET
ajfa-4501	312	21	scale	scale	NOUN
ajfa-4501	312	22	as	as	ADP
ajfa-4501	312	23	a	a	DET
ajfa-4501	312	24	variable	variable	ADJ
ajfa-4501	312	25	element	element	NOUN
ajfa-4501	312	26	that	that	PRON
ajfa-4501	312	27	affects	affect	VERB
ajfa-4501	312	28	audit	audit	NOUN
ajfa-4501	312	29	fees	fee	NOUN
ajfa-4501	312	30	.	.	PUNCT
ajfa-4501	313	1	table	table	NOUN
ajfa-4501	313	2	7	7	NUM
ajfa-4501	313	3	shows	show	VERB
ajfa-4501	313	4	the	the	DET
ajfa-4501	313	5	effects	effect	NOUN
ajfa-4501	313	6	of	of	ADP
ajfa-4501	313	7	trademarks	trademark	NOUN
ajfa-4501	313	8	on	on	ADP
ajfa-4501	313	9	audit	audit	NOUN
ajfa-4501	313	10	fees	fee	NOUN
ajfa-4501	313	11	in	in	ADP
ajfa-4501	313	12	an	an	DET
ajfa-4501	313	13	industry	industry	NOUN
ajfa-4501	313	14	with	with	ADP
ajfa-4501	313	15	specialized	specialized	ADJ
ajfa-4501	313	16	audit	audit	NOUN
ajfa-4501	313	17	firms	firm	NOUN
ajfa-4501	313	18	.	.	PUNCT
ajfa-4501	314	1	by	by	ADP
ajfa-4501	314	2	eliminating	eliminate	VERB
ajfa-4501	314	3	the	the	DET
ajfa-4501	314	4	four	four	NUM
ajfa-4501	314	5	major	major	ADJ
ajfa-4501	314	6	specialized	specialized	ADJ
ajfa-4501	314	7	audit	audit	NOUN
ajfa-4501	314	8	firms	firm	NOUN
ajfa-4501	314	9	,	,	PUNCT
ajfa-4501	314	10	this	this	DET
ajfa-4501	314	11	study	study	NOUN
ajfa-4501	314	12	compares	compare	VERB
ajfa-4501	314	13	the	the	DET
ajfa-4501	314	14	four	four	NUM
ajfa-4501	314	15	major	major	ADJ
ajfa-4501	314	16	non	non	ADJ
ajfa-4501	314	17	-	-	ADJ
ajfa-4501	314	18	specialized	specialized	ADJ
ajfa-4501	314	19	firms	firm	NOUN
ajfa-4501	314	20	to	to	ADP
ajfa-4501	314	21	the	the	DET
ajfa-4501	314	22	four	four	NUM
ajfa-4501	314	23	non	non	ADJ
ajfa-4501	314	24	-	-	ADJ
ajfa-4501	314	25	major	major	ADJ
ajfa-4501	314	26	firms	firm	NOUN
ajfa-4501	314	27	to	to	PART
ajfa-4501	314	28	avoid	avoid	VERB
ajfa-4501	314	29	confusions	confusion	NOUN
ajfa-4501	314	30	created	create	VERB
ajfa-4501	314	31	by	by	ADP
ajfa-4501	314	32	industry	industry	NOUN
ajfa-4501	314	33	specialization	specialization	NOUN
ajfa-4501	314	34	.	.	PUNCT
ajfa-4501	315	1	because	because	SCONJ
ajfa-4501	315	2	this	this	DET
ajfa-4501	315	3	particular	particular	ADJ
ajfa-4501	315	4	test	test	NOUN
ajfa-4501	315	5	is	be	AUX
ajfa-4501	315	6	limited	limit	VERB
ajfa-4501	315	7	to	to	ADP
ajfa-4501	315	8	non	non	ADJ
ajfa-4501	315	9	-	-	ADJ
ajfa-4501	315	10	specialized	specialized	ADJ
ajfa-4501	315	11	firm	firm	ADJ
ajfa-4501	315	12	samples	sample	NOUN
ajfa-4501	315	13	,	,	PUNCT
ajfa-4501	315	14	any	any	DET
ajfa-4501	315	15	differences	difference	NOUN
ajfa-4501	315	16	in	in	ADP
ajfa-4501	315	17	audit	audit	NOUN
ajfa-4501	315	18	fees	fee	NOUN
ajfa-4501	315	19	can	can	AUX
ajfa-4501	315	20	be	be	AUX
ajfa-4501	315	21	referred	refer	VERB
ajfa-4501	315	22	to	to	ADP
ajfa-4501	315	23	trademark	trademark	NOUN
ajfa-4501	315	24	effects	effect	NOUN
ajfa-4501	315	25	.	.	PUNCT
ajfa-4501	316	1	table	table	NOUN
ajfa-4501	316	2	7	7	NUM
ajfa-4501	316	3	shows	show	NOUN
ajfa-4501	316	4	,	,	PUNCT
ajfa-4501	316	5	when	when	SCONJ
ajfa-4501	316	6	the	the	DET
ajfa-4501	316	7	specialization	specialization	NOUN
ajfa-4501	316	8	definition	definition	NOUN
ajfa-4501	316	9	is	be	AUX
ajfa-4501	316	10	set	set	VERB
ajfa-4501	316	11	at	at	ADP
ajfa-4501	316	12	10	10	NUM
ajfa-4501	316	13	%	%	NOUN
ajfa-4501	316	14	,	,	PUNCT
ajfa-4501	316	15	the	the	DET
ajfa-4501	316	16	four	four	NUM
ajfa-4501	316	17	major	major	ADJ
ajfa-4501	316	18	non	non	ADJ
ajfa-4501	316	19	-	-	ADJ
ajfa-4501	316	20	specialized	specialized	ADJ
ajfa-4501	316	21	firms	firm	NOUN
ajfa-4501	316	22	achieve	achieve	VERB
ajfa-4501	316	23	the	the	DET
ajfa-4501	316	24	required	require	VERB
ajfa-4501	316	25	significance	significance	NOUN
ajfa-4501	316	26	level	level	NOUN
ajfa-4501	316	27	;	;	PUNCT
ajfa-4501	316	28	and	and	CCONJ
ajfa-4501	316	29	when	when	SCONJ
ajfa-4501	316	30	the	the	DET
ajfa-4501	316	31	threshold	threshold	NOUN
ajfa-4501	316	32	is	be	AUX
ajfa-4501	316	33	15	15	NUM
ajfa-4501	316	34	%	%	NOUN
ajfa-4501	316	35	,	,	PUNCT
ajfa-4501	316	36	the	the	DET
ajfa-4501	316	37	four	four	NUM
ajfa-4501	316	38	major	major	ADJ
ajfa-4501	316	39	non	non	ADJ
ajfa-4501	316	40	-	-	ADJ
ajfa-4501	316	41	specialized	specialized	ADJ
ajfa-4501	316	42	firms	firm	NOUN
ajfa-4501	316	43	have	have	VERB
ajfa-4501	316	44	a	a	DET
ajfa-4501	316	45	coefficient	coefficient	NOUN
ajfa-4501	316	46	of	of	ADP
ajfa-4501	316	47	0.1083	0.1083	NUM
ajfa-4501	316	48	at	at	ADP
ajfa-4501	316	49	the	the	DET
ajfa-4501	316	50	1	1	NUM
ajfa-4501	316	51	%	%	NOUN
ajfa-4501	316	52	significance	significance	NOUN
ajfa-4501	316	53	level	level	NOUN
ajfa-4501	316	54	.	.	PUNCT
ajfa-4501	317	1	this	this	DET
ajfa-4501	317	2	result	result	NOUN
ajfa-4501	317	3	is	be	AUX
ajfa-4501	317	4	the	the	DET
ajfa-4501	317	5	same	same	ADJ
ajfa-4501	317	6	as	as	SCONJ
ajfa-4501	317	7	anticipated	anticipate	VERB
ajfa-4501	317	8	by	by	ADP
ajfa-4501	317	9	hypothesis	hypothesis	NOUN
ajfa-4501	317	10	2	2	NUM
ajfa-4501	317	11	.	.	PUNCT
ajfa-4501	318	1	in	in	ADP
ajfa-4501	318	2	an	an	DET
ajfa-4501	318	3	industry	industry	NOUN
ajfa-4501	318	4	with	with	ADP
ajfa-4501	318	5	specialized	specialized	ADJ
ajfa-4501	318	6	auditing	auditing	NOUN
ajfa-4501	318	7	firms	firm	NOUN
ajfa-4501	318	8	,	,	PUNCT
ajfa-4501	318	9	audit	audit	NOUN
ajfa-4501	318	10	fees	fee	NOUN
ajfa-4501	318	11	of	of	ADP
ajfa-4501	318	12	the	the	DET
ajfa-4501	318	13	big4	big4	NOUN
ajfa-4501	318	14	non	non	ADJ
ajfa-4501	318	15	-	-	ADJ
ajfa-4501	318	16	specialized	specialized	ADJ
ajfa-4501	318	17	audit	audit	NOUN
ajfa-4501	318	18	firms	firm	NOUN
ajfa-4501	318	19	are	be	AUX
ajfa-4501	318	20	higher	high	ADJ
ajfa-4501	318	21	than	than	ADP
ajfa-4501	318	22	those	those	PRON
ajfa-4501	318	23	of	of	ADP
ajfa-4501	318	24	non	non	ADJ
ajfa-4501	318	25	-	-	ADJ
ajfa-4501	318	26	big4	big4	ADJ
ajfa-4501	318	27	audit	audit	NOUN
ajfa-4501	318	28	firms	firm	NOUN
ajfa-4501	318	29	.	.	PUNCT
ajfa-4501	319	1	the	the	DET
ajfa-4501	319	2	differences	difference	NOUN
ajfa-4501	319	3	between	between	ADP
ajfa-4501	319	4	the	the	DET
ajfa-4501	319	5	big4	big4	NOUN
ajfa-4501	319	6	and	and	CCONJ
ajfa-4501	319	7	non	non	ADJ
ajfa-4501	319	8	-	-	NOUN
ajfa-4501	319	9	big4	big4	NOUN
ajfa-4501	319	10	have	have	AUX
ajfa-4501	319	11	already	already	ADV
ajfa-4501	319	12	eliminated	eliminate	VERB
ajfa-4501	319	13	the	the	DET
ajfa-4501	319	14	effects	effect	NOUN
ajfa-4501	319	15	caused	cause	VERB
ajfa-4501	319	16	by	by	ADP
ajfa-4501	319	17	specialization	specialization	NOUN
ajfa-4501	319	18	.	.	PUNCT
ajfa-4501	320	1	this	this	DET
ajfa-4501	320	2	result	result	NOUN
ajfa-4501	320	3	can	can	AUX
ajfa-4501	320	4	independently	independently	ADV
ajfa-4501	320	5	refer	refer	VERB
ajfa-4501	320	6	to	to	ADP
ajfa-4501	320	7	trademark	trademark	NOUN
ajfa-4501	320	8	effects	effect	NOUN
ajfa-4501	320	9	of	of	ADP
ajfa-4501	320	10	the	the	DET
ajfa-4501	320	11	big4	big4	NOUN
ajfa-4501	320	12	.	.	PUNCT
ajfa-4501	321	1	other	other	ADJ
ajfa-4501	321	2	than	than	ADP
ajfa-4501	321	3	debt	debt	NOUN
ajfa-4501	321	4	and	and	CCONJ
ajfa-4501	321	5	int	int	NOUN
ajfa-4501	321	6	/	/	SYM
ajfa-4501	321	7	earn	earn	NOUN
ajfa-4501	321	8	,	,	PUNCT
ajfa-4501	321	9	which	which	PRON
ajfa-4501	321	10	do	do	AUX
ajfa-4501	321	11	not	not	PART
ajfa-4501	321	12	achieve	achieve	VERB
ajfa-4501	321	13	significance	significance	NOUN
ajfa-4501	321	14	,	,	PUNCT
ajfa-4501	321	15	the	the	DET
ajfa-4501	321	16	other	other	ADJ
ajfa-4501	321	17	control	control	NOUN
ajfa-4501	321	18	variables	variable	NOUN
ajfa-4501	321	19	are	be	AUX
ajfa-4501	321	20	the	the	DET
ajfa-4501	321	21	same	same	ADJ
ajfa-4501	321	22	as	as	SCONJ
ajfa-4501	321	23	anticipated	anticipate	VERB
ajfa-4501	321	24	and	and	CCONJ
ajfa-4501	321	25	at	at	ADP
ajfa-4501	321	26	the	the	DET
ajfa-4501	321	27	significance	significance	NOUN
ajfa-4501	321	28	level	level	NOUN
ajfa-4501	321	29	.	.	PUNCT
ajfa-4501	322	1	this	this	DET
ajfa-4501	322	2	section	section	NOUN
ajfa-4501	322	3	examines	examine	VERB
ajfa-4501	322	4	whether	whether	SCONJ
ajfa-4501	322	5	audit	audit	NOUN
ajfa-4501	322	6	fees	fee	NOUN
ajfa-4501	322	7	of	of	ADP
ajfa-4501	322	8	the	the	DET
ajfa-4501	322	9	big4	big4	NOUN
ajfa-4501	322	10	specialized	specialized	ADJ
ajfa-4501	322	11	audit	audit	NOUN
ajfa-4501	322	12	firms	firm	NOUN
ajfa-4501	322	13	are	be	AUX
ajfa-4501	322	14	higher	high	ADJ
ajfa-4501	322	15	than	than	ADP
ajfa-4501	322	16	the	the	DET
ajfa-4501	322	17	big4	big4	NOUN
ajfa-4501	322	18	non	non	ADJ
ajfa-4501	322	19	-	-	ADJ
ajfa-4501	322	20	specializing	specializing	ADJ
ajfa-4501	322	21	audit	audit	NOUN
ajfa-4501	322	22	firms	firm	NOUN
ajfa-4501	322	23	in	in	ADP
ajfa-4501	322	24	an	an	DET
ajfa-4501	322	25	industry	industry	NOUN
ajfa-4501	322	26	with	with	ADP
ajfa-4501	322	27	specialized	specialized	ADJ
ajfa-4501	322	28	audit	audit	NOUN
ajfa-4501	322	29	firms	firm	NOUN
ajfa-4501	322	30	.	.	PUNCT
ajfa-4501	323	1	this	this	DET
ajfa-4501	323	2	study	study	NOUN
ajfa-4501	323	3	uses	use	VERB
ajfa-4501	323	4	118	118	NUM
ajfa-4501	323	5	samples	sample	NOUN
ajfa-4501	323	6	extracted	extract	VERB
ajfa-4501	323	7	from	from	ADP
ajfa-4501	323	8	the	the	DET
ajfa-4501	323	9	school	school	NOUN
ajfa-4501	323	10	data	datum	NOUN
ajfa-4501	323	11	examined	examine	VERB
ajfa-4501	323	12	by	by	ADP
ajfa-4501	323	13	the	the	DET
ajfa-4501	323	14	four	four	NUM
ajfa-4501	323	15	major	major	ADJ
ajfa-4501	323	16	audit	audit	NOUN
ajfa-4501	323	17	firms	firm	NOUN
ajfa-4501	323	18	to	to	PART
ajfa-4501	323	19	test	test	VERB
ajfa-4501	323	20	hypothesis	hypothesis	NOUN
ajfa-4501	323	21	3	3	NUM
ajfa-4501	323	22	.	.	PUNCT
ajfa-4501	324	1	when	when	SCONJ
ajfa-4501	324	2	using	use	VERB
ajfa-4501	324	3	a	a	DET
ajfa-4501	324	4	10	10	NUM
ajfa-4501	324	5	%	%	NOUN
ajfa-4501	324	6	audit	audit	NOUN
ajfa-4501	324	7	fee	fee	NOUN
ajfa-4501	324	8	threshold	threshold	NOUN
ajfa-4501	324	9	to	to	PART
ajfa-4501	324	10	decide	decide	VERB
ajfa-4501	324	11	the	the	DET
ajfa-4501	324	12	industry	industry	NOUN
ajfa-4501	324	13	specialists	specialist	NOUN
ajfa-4501	324	14	,	,	PUNCT
ajfa-4501	324	15	ninety	ninety	NUM
ajfa-4501	324	16	-	-	PUNCT
ajfa-4501	324	17	four	four	NUM
ajfa-4501	324	18	samples	sample	NOUN
ajfa-4501	324	19	of	of	ADP
ajfa-4501	324	20	the	the	DET
ajfa-4501	324	21	118	118	NUM
ajfa-4501	324	22	total	total	ADJ
ajfa-4501	324	23	samples	sample	NOUN
ajfa-4501	324	24	belong	belong	VERB
ajfa-4501	324	25	to	to	ADP
ajfa-4501	324	26	industry	industry	NOUN
ajfa-4501	324	27	specialists	specialist	NOUN
ajfa-4501	324	28	;	;	PUNCT
ajfa-4501	324	29	when	when	SCONJ
ajfa-4501	324	30	using	use	VERB
ajfa-4501	324	31	15	15	NUM
ajfa-4501	324	32	%	%	NOUN
ajfa-4501	324	33	audit	audit	NOUN
ajfa-4501	324	34	fee	fee	NOUN
ajfa-4501	324	35	threshold	threshold	NOUN
ajfa-4501	324	36	,	,	PUNCT
ajfa-4501	324	37	fifty	fifty	NUM
ajfa-4501	324	38	-	-	PUNCT
ajfa-4501	324	39	nine	nine	NUM
ajfa-4501	324	40	samples	sample	NOUN
ajfa-4501	324	41	of	of	ADP
ajfa-4501	324	42	the	the	DET
ajfa-4501	324	43	118	118	NUM
ajfa-4501	324	44	total	total	ADJ
ajfa-4501	324	45	samples	sample	NOUN
ajfa-4501	324	46	belong	belong	VERB
ajfa-4501	324	47	to	to	ADP
ajfa-4501	324	48	industry	industry	NOUN
ajfa-4501	324	49	specialists	specialist	NOUN
ajfa-4501	324	50	.	.	PUNCT
ajfa-4501	325	1	table	table	NOUN
ajfa-4501	325	2	8	8	NUM
ajfa-4501	325	3	shows	show	VERB
ajfa-4501	325	4	the	the	DET
ajfa-4501	325	5	results	result	NOUN
ajfa-4501	325	6	.	.	PUNCT
ajfa-4501	326	1	the	the	DET
ajfa-4501	326	2	coefficient	coefficient	NOUN
ajfa-4501	326	3	of	of	ADP
ajfa-4501	326	4	year03	year03	NOUN
ajfa-4501	326	5	is	be	AUX
ajfa-4501	326	6	significantly	significantly	ADV
ajfa-4501	326	7	positive	positive	ADJ
ajfa-4501	326	8	,	,	PUNCT
ajfa-4501	326	9	supporting	support	VERB
ajfa-4501	326	10	hypothesis	hypothesis	NOUN
ajfa-4501	326	11	1	1	NUM
ajfa-4501	326	12	that	that	PRON
ajfa-4501	326	13	audit	audit	NOUN
ajfa-4501	326	14	fees	fee	NOUN
ajfa-4501	326	15	under	under	ADP
ajfa-4501	326	16	limited	limited	ADJ
ajfa-4501	326	17	tendering	tendering	NOUN
ajfa-4501	326	18	procedures	procedure	NOUN
ajfa-4501	326	19	will	will	AUX
ajfa-4501	326	20	be	be	AUX
ajfa-4501	326	21	higher	high	ADJ
ajfa-4501	326	22	than	than	ADP
ajfa-4501	326	23	those	those	PRON
ajfa-4501	326	24	under	under	ADP
ajfa-4501	326	25	open	open	ADJ
ajfa-4501	326	26	tendering	tendering	NOUN
ajfa-4501	326	27	procedures	procedure	NOUN
ajfa-4501	326	28	.	.	PUNCT
ajfa-4501	327	1	when	when	SCONJ
ajfa-4501	327	2	10	10	NUM
ajfa-4501	327	3	%	%	NOUN
ajfa-4501	327	4	is	be	AUX
ajfa-4501	327	5	used	use	VERB
ajfa-4501	327	6	as	as	ADP
ajfa-4501	327	7	a	a	DET
ajfa-4501	327	8	threshold	threshold	NOUN
ajfa-4501	327	9	for	for	ADP
ajfa-4501	327	10	deciding	decide	VERB
ajfa-4501	327	11	industry	industry	NOUN
ajfa-4501	327	12	specialists	specialist	NOUN
ajfa-4501	327	13	,	,	PUNCT
ajfa-4501	327	14	the	the	DET
ajfa-4501	327	15	specialist	specialist	ADJ
ajfa-4501	327	16	variable	variable	NOUN
ajfa-4501	327	17	(	(	PUNCT
ajfa-4501	327	18	spe	spe	PROPN
ajfa-4501	327	19	)	)	PUNCT
ajfa-4501	327	20	does	do	AUX
ajfa-4501	327	21	not	not	PART
ajfa-4501	327	22	reach	reach	VERB
ajfa-4501	327	23	the	the	DET
ajfa-4501	327	24	significance	significance	NOUN
ajfa-4501	327	25	level	level	NOUN
ajfa-4501	327	26	.	.	PUNCT
ajfa-4501	328	1	but	but	CCONJ
ajfa-4501	328	2	when	when	SCONJ
ajfa-4501	328	3	the	the	DET
ajfa-4501	328	4	threshold	threshold	NOUN
ajfa-4501	328	5	is	be	AUX
ajfa-4501	328	6	set	set	VERB
ajfa-4501	328	7	to	to	ADP
ajfa-4501	328	8	a	a	DET
ajfa-4501	328	9	stricter	strict	ADJ
ajfa-4501	328	10	15	15	NUM
ajfa-4501	328	11	%	%	NOUN
ajfa-4501	328	12	,	,	PUNCT
ajfa-4501	328	13	the	the	DET
ajfa-4501	328	14	coefficient	coefficient	NOUN
ajfa-4501	328	15	on	on	ADP
ajfa-4501	328	16	the	the	DET
ajfa-4501	328	17	spe	spe	PROPN
ajfa-4501	328	18	is	be	AUX
ajfa-4501	328	19	0.1689	0.1689	NUM
ajfa-4501	328	20	at	at	ADP
ajfa-4501	328	21	the	the	DET
ajfa-4501	328	22	5	5	NUM
ajfa-4501	328	23	%	%	NOUN
ajfa-4501	328	24	significance	significance	NOUN
ajfa-4501	328	25	level	level	NOUN
ajfa-4501	328	26	.	.	PUNCT
ajfa-4501	329	1	this	this	PRON
ajfa-4501	329	2	proves	prove	VERB
ajfa-4501	329	3	that	that	SCONJ
ajfa-4501	329	4	in	in	ADP
ajfa-4501	329	5	an	an	DET
ajfa-4501	329	6	industry	industry	NOUN
ajfa-4501	329	7	with	with	ADP
ajfa-4501	329	8	specialists	specialist	NOUN
ajfa-4501	329	9	,	,	PUNCT
ajfa-4501	329	10	limiting	limit	VERB
ajfa-4501	329	11	the	the	DET
ajfa-4501	329	12	samples	sample	NOUN
ajfa-4501	329	13	to	to	ADP
ajfa-4501	329	14	big4	big4	NOUN
ajfa-4501	329	15	clients	client	NOUN
ajfa-4501	329	16	controls	control	VERB
ajfa-4501	329	17	the	the	DET
ajfa-4501	329	18	confusion	confusion	NOUN
ajfa-4501	329	19	created	create	VERB
ajfa-4501	329	20	by	by	ADP
ajfa-4501	329	21	trademark	trademark	NOUN
ajfa-4501	329	22	(	(	PUNCT
ajfa-4501	329	23	big4	big4	NOUN
ajfa-4501	329	24	against	against	ADP
ajfa-4501	329	25	non	non	ADJ
ajfa-4501	329	26	-	-	ADJ
ajfa-4501	329	27	big4	big4	ADJ
ajfa-4501	329	28	)	)	PUNCT
ajfa-4501	329	29	effects	effect	NOUN
ajfa-4501	329	30	.	.	PUNCT
ajfa-4501	330	1	there	there	PRON
ajfa-4501	330	2	are	be	VERB
ajfa-4501	330	3	differences	difference	NOUN
ajfa-4501	330	4	between	between	ADP
ajfa-4501	330	5	audit	audit	NOUN
ajfa-4501	330	6	fees	fee	NOUN
ajfa-4501	330	7	because	because	SCONJ
ajfa-4501	330	8	the	the	DET
ajfa-4501	330	9	big4	big4	NOUN
ajfa-4501	330	10	are	be	AUX
ajfa-4501	330	11	industry	industry	NOUN
ajfa-4501	330	12	specialists	specialist	NOUN
ajfa-4501	330	13	.	.	PUNCT
ajfa-4501	331	1	the	the	DET
ajfa-4501	331	2	result	result	NOUN
ajfa-4501	331	3	is	be	AUX
ajfa-4501	331	4	consistent	consistent	ADJ
ajfa-4501	331	5	with	with	ADP
ajfa-4501	331	6	hypothesis	hypothesis	NOUN
ajfa-4501	331	7	3	3	NUM
ajfa-4501	331	8	that	that	PRON
ajfa-4501	331	9	audit	audit	NOUN
ajfa-4501	331	10	fees	fee	NOUN
ajfa-4501	331	11	of	of	ADP
ajfa-4501	331	12	the	the	DET
ajfa-4501	331	13	four	four	NUM
ajfa-4501	331	14	major	major	ADJ
ajfa-4501	331	15	specialized	specialized	ADJ
ajfa-4501	331	16	audit	audit	NOUN
ajfa-4501	331	17	firms	firm	NOUN
ajfa-4501	331	18	are	be	AUX
ajfa-4501	331	19	higher	high	ADJ
ajfa-4501	331	20	than	than	ADP
ajfa-4501	331	21	the	the	DET
ajfa-4501	331	22	four	four	NUM
ajfa-4501	331	23	major	major	ADJ
ajfa-4501	331	24	non	non	ADJ
ajfa-4501	331	25	-	-	ADJ
ajfa-4501	331	26	specialized	specialized	ADJ
ajfa-4501	331	27	audit	audit	NOUN
ajfa-4501	331	28	firms	firm	NOUN
ajfa-4501	331	29	.	.	PUNCT
ajfa-4501	332	1	results	result	NOUN
ajfa-4501	332	2	in	in	ADP
ajfa-4501	332	3	table	table	NOUN
ajfa-4501	332	4	7	7	NUM
ajfa-4501	332	5	and	and	CCONJ
ajfa-4501	332	6	table	table	NOUN
ajfa-4501	332	7	8	8	NUM
ajfa-4501	332	8	demonstrate	demonstrate	VERB
ajfa-4501	332	9	that	that	SCONJ
ajfa-4501	332	10	the	the	DET
ajfa-4501	332	11	big	big	ADJ
ajfa-4501	332	12	4	4	NUM
ajfa-4501	332	13	possesses	possess	VERB
ajfa-4501	332	14	trademark	trademark	NOUN
ajfa-4501	332	15	reputation	reputation	NOUN
ajfa-4501	332	16	and	and	CCONJ
ajfa-4501	332	17	that	that	SCONJ
ajfa-4501	332	18	the	the	DET
ajfa-4501	332	19	spe	spe	PROPN
ajfa-4501	332	20	variable	variable	NOUN
ajfa-4501	332	21	of	of	ADP
ajfa-4501	332	22	audit	audit	NOUN
ajfa-4501	332	23	asian	asian	ADJ
ajfa-4501	332	24	journal	journal	NOUN
ajfa-4501	332	25	of	of	ADP
ajfa-4501	332	26	finance	finance	PROPN
ajfa-4501	332	27	&	&	CCONJ
ajfa-4501	332	28	accounting	accounting	PROPN
ajfa-4501	332	29	issn	issn	PROPN
ajfa-4501	332	30	1946	1946	NUM
ajfa-4501	332	31	-	-	PUNCT
ajfa-4501	332	32	052x	052x	NOUN
ajfa-4501	332	33	2013	2013	NUM
ajfa-4501	332	34	,	,	PUNCT
ajfa-4501	332	35	vol	vol	NOUN
ajfa-4501	332	36	.	.	PROPN
ajfa-4501	332	37	5	5	NUM
ajfa-4501	332	38	,	,	PUNCT
ajfa-4501	332	39	no	no	INTJ
ajfa-4501	332	40	.	.	NOUN
ajfa-4501	332	41	2	2	NUM
ajfa-4501	332	42	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-4501	332	43	321	321	NUM
ajfa-4501	332	44	fee	fee	NOUN
ajfa-4501	332	45	premium	premium	NOUN
ajfa-4501	332	46	represents	represent	VERB
ajfa-4501	332	47	the	the	DET
ajfa-4501	332	48	positive	positive	ADJ
ajfa-4501	332	49	return	return	NOUN
ajfa-4501	332	50	of	of	ADP
ajfa-4501	332	51	the	the	DET
ajfa-4501	332	52	big	big	ADJ
ajfa-4501	332	53	4	4	NUM
ajfa-4501	332	54	auditors	auditor	NOUN
ajfa-4501	332	55	and	and	CCONJ
ajfa-4501	332	56	their	their	PRON
ajfa-4501	332	57	investment	investment	NOUN
ajfa-4501	332	58	in	in	ADP
ajfa-4501	332	59	industry	industry	NOUN
ajfa-4501	332	60	specialization	specialization	NOUN
ajfa-4501	332	61	.	.	PUNCT
ajfa-4501	333	1	finally	finally	ADV
ajfa-4501	333	2	,	,	PUNCT
ajfa-4501	333	3	in	in	ADP
ajfa-4501	333	4	order	order	NOUN
ajfa-4501	333	5	to	to	PART
ajfa-4501	333	6	consolidate	consolidate	VERB
ajfa-4501	333	7	the	the	DET
ajfa-4501	333	8	results	result	NOUN
ajfa-4501	333	9	,	,	PUNCT
ajfa-4501	333	10	eq	eq	X
ajfa-4501	333	11	(	(	PUNCT
ajfa-4501	333	12	3	3	X
ajfa-4501	333	13	)	)	PUNCT
ajfa-4501	333	14	is	be	AUX
ajfa-4501	333	15	used	use	VERB
ajfa-4501	333	16	with	with	ADP
ajfa-4501	333	17	the	the	DET
ajfa-4501	333	18	entire	entire	ADJ
ajfa-4501	333	19	302	302	NUM
ajfa-4501	333	20	samples	sample	NOUN
ajfa-4501	333	21	for	for	ADP
ajfa-4501	333	22	demonstration	demonstration	NOUN
ajfa-4501	333	23	.	.	PUNCT
ajfa-4501	334	1	when	when	SCONJ
ajfa-4501	334	2	the	the	DET
ajfa-4501	334	3	percentage	percentage	NOUN
ajfa-4501	334	4	of	of	ADP
ajfa-4501	334	5	audit	audit	NOUN
ajfa-4501	334	6	fee	fee	NOUN
ajfa-4501	334	7	over	over	ADP
ajfa-4501	334	8	the	the	DET
ajfa-4501	334	9	industry	industry	NOUN
ajfa-4501	334	10	is	be	AUX
ajfa-4501	334	11	at	at	ADP
ajfa-4501	334	12	the	the	DET
ajfa-4501	334	13	10	10	NUM
ajfa-4501	334	14	%	%	NOUN
ajfa-4501	334	15	and	and	CCONJ
ajfa-4501	334	16	15	15	NUM
ajfa-4501	334	17	%	%	NOUN
ajfa-4501	334	18	thresholds	threshold	VERB
ajfa-4501	334	19	to	to	PART
ajfa-4501	334	20	decide	decide	VERB
ajfa-4501	334	21	industry	industry	NOUN
ajfa-4501	334	22	specialist	specialist	NOUN
ajfa-4501	334	23	,	,	PUNCT
ajfa-4501	334	24	ninety	ninety	NUM
ajfa-4501	334	25	-	-	PUNCT
ajfa-4501	334	26	four	four	NUM
ajfa-4501	334	27	and	and	CCONJ
ajfa-4501	334	28	fifty	fifty	NUM
ajfa-4501	334	29	-	-	PUNCT
ajfa-4501	334	30	nine	nine	NUM
ajfa-4501	334	31	cases	case	NOUN
ajfa-4501	334	32	belong	belong	VERB
ajfa-4501	334	33	to	to	ADP
ajfa-4501	334	34	the	the	DET
ajfa-4501	334	35	specialist	specialist	NOUN
ajfa-4501	334	36	,	,	PUNCT
ajfa-4501	334	37	respectively	respectively	ADV
ajfa-4501	334	38	.	.	PUNCT
ajfa-4501	335	1	results	result	NOUN
ajfa-4501	335	2	in	in	ADP
ajfa-4501	335	3	table	table	NOUN
ajfa-4501	335	4	9	9	NUM
ajfa-4501	335	5	show	show	NOUN
ajfa-4501	335	6	that	that	SCONJ
ajfa-4501	335	7	all	all	DET
ajfa-4501	335	8	variables	variable	NOUN
ajfa-4501	335	9	with	with	ADP
ajfa-4501	335	10	vifs	vif	NOUN
ajfa-4501	335	11	values	value	NOUN
ajfa-4501	335	12	less	less	ADJ
ajfa-4501	335	13	than	than	ADP
ajfa-4501	335	14	4	4	NUM
ajfa-4501	335	15	have	have	VERB
ajfa-4501	335	16	no	no	DET
ajfa-4501	335	17	serious	serious	ADJ
ajfa-4501	335	18	variable	variable	ADJ
ajfa-4501	335	19	inflation	inflation	NOUN
ajfa-4501	335	20	problems	problem	NOUN
ajfa-4501	335	21	.	.	PUNCT
ajfa-4501	336	1	the	the	DET
ajfa-4501	336	2	coefficient	coefficient	NOUN
ajfa-4501	336	3	of	of	ADP
ajfa-4501	336	4	year03	year03	NOUN
ajfa-4501	336	5	is	be	AUX
ajfa-4501	336	6	significantly	significantly	ADV
ajfa-4501	336	7	positive	positive	ADJ
ajfa-4501	336	8	,	,	PUNCT
ajfa-4501	336	9	supporting	support	VERB
ajfa-4501	336	10	hypothesis	hypothesis	NOUN
ajfa-4501	336	11	1	1	NUM
ajfa-4501	336	12	that	that	PRON
ajfa-4501	336	13	audit	audit	NOUN
ajfa-4501	336	14	fees	fee	NOUN
ajfa-4501	336	15	under	under	ADP
ajfa-4501	336	16	limited	limited	ADJ
ajfa-4501	336	17	tendering	tendering	NOUN
ajfa-4501	336	18	procedures	procedure	NOUN
ajfa-4501	336	19	will	will	AUX
ajfa-4501	336	20	be	be	AUX
ajfa-4501	336	21	higher	high	ADJ
ajfa-4501	336	22	than	than	ADP
ajfa-4501	336	23	those	those	PRON
ajfa-4501	336	24	under	under	ADP
ajfa-4501	336	25	open	open	ADJ
ajfa-4501	336	26	tendering	tendering	NOUN
ajfa-4501	336	27	procedures	procedure	NOUN
ajfa-4501	336	28	.	.	PUNCT
ajfa-4501	337	1	when	when	SCONJ
ajfa-4501	337	2	the	the	DET
ajfa-4501	337	3	audit	audit	NOUN
ajfa-4501	337	4	fee	fee	NOUN
ajfa-4501	337	5	is	be	AUX
ajfa-4501	337	6	over	over	ADP
ajfa-4501	337	7	the	the	DET
ajfa-4501	337	8	10	10	NUM
ajfa-4501	337	9	%	%	NOUN
ajfa-4501	337	10	threshold	threshold	NOUN
ajfa-4501	337	11	of	of	ADP
ajfa-4501	337	12	the	the	DET
ajfa-4501	337	13	entire	entire	ADJ
ajfa-4501	337	14	industry	industry	NOUN
ajfa-4501	337	15	audit	audit	NOUN
ajfa-4501	337	16	fees	fee	NOUN
ajfa-4501	337	17	,	,	PUNCT
ajfa-4501	337	18	the	the	DET
ajfa-4501	337	19	big4	big4	NOUN
ajfa-4501	337	20	has	have	VERB
ajfa-4501	337	21	a	a	DET
ajfa-4501	337	22	variable	variable	NOUN
ajfa-4501	337	23	of	of	ADP
ajfa-4501	337	24	0.1437	0.1437	NUM
ajfa-4501	337	25	at	at	ADP
ajfa-4501	337	26	the	the	DET
ajfa-4501	337	27	1	1	NUM
ajfa-4501	337	28	%	%	NOUN
ajfa-4501	337	29	significance	significance	NOUN
ajfa-4501	337	30	level	level	NOUN
ajfa-4501	337	31	.	.	PUNCT
ajfa-4501	338	1	after	after	ADP
ajfa-4501	338	2	controlling	control	VERB
ajfa-4501	338	3	for	for	ADP
ajfa-4501	338	4	the	the	DET
ajfa-4501	338	5	four	four	NUM
ajfa-4501	338	6	major	major	ADJ
ajfa-4501	338	7	audit	audit	NOUN
ajfa-4501	338	8	firms	firm	NOUN
ajfa-4501	338	9	’	'	PUNCT
ajfa-4501	338	10	influences	influence	NOUN
ajfa-4501	338	11	,	,	PUNCT
ajfa-4501	338	12	the	the	DET
ajfa-4501	338	13	industry	industry	NOUN
ajfa-4501	338	14	specialist	specialist	NOUN
ajfa-4501	338	15	(	(	PUNCT
ajfa-4501	338	16	spe	spe	PROPN
ajfa-4501	338	17	)	)	PUNCT
ajfa-4501	338	18	variable	variable	ADJ
ajfa-4501	338	19	coefficient	coefficient	NOUN
ajfa-4501	338	20	is	be	AUX
ajfa-4501	338	21	0.0985	0.0985	NUM
ajfa-4501	338	22	,	,	PUNCT
ajfa-4501	338	23	the	the	DET
ajfa-4501	338	24	p	p	NOUN
ajfa-4501	338	25	-	-	PUNCT
ajfa-4501	338	26	value	value	NOUN
ajfa-4501	338	27	is	be	AUX
ajfa-4501	338	28	0.0757	0.0757	NUM
ajfa-4501	338	29	,	,	PUNCT
ajfa-4501	338	30	and	and	CCONJ
ajfa-4501	338	31	these	these	PRON
ajfa-4501	338	32	gave	give	VERB
ajfa-4501	338	33	hypotheses	hypothesis	NOUN
ajfa-4501	338	34	2	2	NUM
ajfa-4501	338	35	and	and	CCONJ
ajfa-4501	338	36	3	3	NUM
ajfa-4501	338	37	very	very	ADV
ajfa-4501	338	38	weak	weak	ADJ
ajfa-4501	338	39	supporting	support	VERB
ajfa-4501	338	40	evidence	evidence	NOUN
ajfa-4501	338	41	.	.	PUNCT
ajfa-4501	339	1	when	when	SCONJ
ajfa-4501	339	2	a	a	DET
ajfa-4501	339	3	stricter	strict	ADJ
ajfa-4501	339	4	threshold	threshold	NOUN
ajfa-4501	339	5	is	be	AUX
ajfa-4501	339	6	applied	apply	VERB
ajfa-4501	339	7	at	at	ADP
ajfa-4501	339	8	15	15	NUM
ajfa-4501	339	9	%	%	NOUN
ajfa-4501	339	10	,	,	PUNCT
ajfa-4501	339	11	the	the	DET
ajfa-4501	339	12	coefficients	coefficient	NOUN
ajfa-4501	339	13	of	of	ADP
ajfa-4501	339	14	big4	big4	NOUN
ajfa-4501	339	15	and	and	CCONJ
ajfa-4501	339	16	spe	spe	NOUN
ajfa-4501	339	17	are	be	AUX
ajfa-4501	339	18	0.1526	0.1526	NUM
ajfa-4501	339	19	and	and	CCONJ
ajfa-4501	339	20	0.1674	0.1674	NUM
ajfa-4501	339	21	,	,	PUNCT
ajfa-4501	339	22	respectively	respectively	ADV
ajfa-4501	339	23	,	,	PUNCT
ajfa-4501	339	24	at	at	ADP
ajfa-4501	339	25	the	the	DET
ajfa-4501	339	26	1	1	NUM
ajfa-4501	339	27	%	%	NOUN
ajfa-4501	339	28	significance	significance	NOUN
ajfa-4501	339	29	level	level	NOUN
ajfa-4501	339	30	.	.	PUNCT
ajfa-4501	340	1	results	result	NOUN
ajfa-4501	340	2	show	show	VERB
ajfa-4501	340	3	support	support	NOUN
ajfa-4501	340	4	for	for	ADP
ajfa-4501	340	5	hypotheses	hypothesis	NOUN
ajfa-4501	340	6	2	2	NUM
ajfa-4501	340	7	and	and	CCONJ
ajfa-4501	340	8	3	3	NUM
ajfa-4501	340	9	when	when	SCONJ
ajfa-4501	340	10	table	table	NOUN
ajfa-4501	340	11	7	7	NUM
ajfa-4501	340	12	and	and	CCONJ
ajfa-4501	340	13	table	table	NOUN
ajfa-4501	340	14	8	8	NUM
ajfa-4501	340	15	are	be	AUX
ajfa-4501	340	16	analyzed	analyze	VERB
ajfa-4501	340	17	separately	separately	ADV
ajfa-4501	340	18	.	.	PUNCT
ajfa-4501	341	1	after	after	ADP
ajfa-4501	341	2	controlling	control	VERB
ajfa-4501	341	3	for	for	ADP
ajfa-4501	341	4	possible	possible	ADJ
ajfa-4501	341	5	effects	effect	NOUN
ajfa-4501	341	6	of	of	ADP
ajfa-4501	341	7	confusion	confusion	NOUN
ajfa-4501	341	8	created	create	VERB
ajfa-4501	341	9	by	by	ADP
ajfa-4501	341	10	the	the	DET
ajfa-4501	341	11	trademark	trademark	NOUN
ajfa-4501	341	12	premium	premium	NOUN
ajfa-4501	341	13	(	(	PUNCT
ajfa-4501	341	14	big	big	ADJ
ajfa-4501	341	15	4	4	NUM
ajfa-4501	341	16	against	against	ADP
ajfa-4501	341	17	the	the	DET
ajfa-4501	341	18	non	non	ADJ
ajfa-4501	341	19	-	-	ADJ
ajfa-4501	341	20	big	big	ADJ
ajfa-4501	341	21	4	4	NUM
ajfa-4501	341	22	audit	audit	NOUN
ajfa-4501	341	23	firms	firm	NOUN
ajfa-4501	341	24	)	)	PUNCT
ajfa-4501	341	25	,	,	PUNCT
ajfa-4501	341	26	the	the	DET
ajfa-4501	341	27	difference	difference	NOUN
ajfa-4501	341	28	between	between	ADP
ajfa-4501	341	29	audit	audit	NOUN
ajfa-4501	341	30	fees	fee	NOUN
ajfa-4501	341	31	is	be	AUX
ajfa-4501	341	32	due	due	ADJ
ajfa-4501	341	33	to	to	ADP
ajfa-4501	341	34	a	a	DET
ajfa-4501	341	35	public	public	ADJ
ajfa-4501	341	36	expense	expense	NOUN
ajfa-4501	341	37	premium	premium	NOUN
ajfa-4501	341	38	when	when	SCONJ
ajfa-4501	341	39	the	the	DET
ajfa-4501	341	40	big4	big4	NOUN
ajfa-4501	341	41	are	be	AUX
ajfa-4501	341	42	industry	industry	NOUN
ajfa-4501	341	43	specialists	specialist	NOUN
ajfa-4501	341	44	.	.	PUNCT
ajfa-4501	342	1	asian	asian	ADJ
ajfa-4501	342	2	journal	journal	PROPN
ajfa-4501	342	3	of	of	ADP
ajfa-4501	342	4	finance	finance	PROPN
ajfa-4501	342	5	&	&	CCONJ
ajfa-4501	342	6	accounting	accounting	PROPN
ajfa-4501	342	7	issn	issn	PROPN
ajfa-4501	342	8	1946	1946	NUM
ajfa-4501	342	9	-	-	PUNCT
ajfa-4501	342	10	052x	052x	NOUN
ajfa-4501	342	11	2013	2013	NUM
ajfa-4501	342	12	,	,	PUNCT
ajfa-4501	342	13	vol	vol	NOUN
ajfa-4501	342	14	.	.	PROPN
ajfa-4501	342	15	5	5	NUM
ajfa-4501	342	16	,	,	PUNCT
ajfa-4501	342	17	no	no	INTJ
ajfa-4501	342	18	.	.	NOUN
ajfa-4501	342	19	2	2	NUM
ajfa-4501	342	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-4501	342	21	322	322	NUM
ajfa-4501	342	22	table	table	NOUN
ajfa-4501	342	23	7	7	NUM
ajfa-4501	342	24	.	.	PUNCT
ajfa-4501	342	25	brand	brand	NOUN
ajfa-4501	342	26	name	name	NOUN
ajfa-4501	342	27	effect	effect	NOUN
ajfa-4501	342	28	of	of	ADP
ajfa-4501	342	29	non	non	ADJ
ajfa-4501	342	30	-	-	ADJ
ajfa-4501	342	31	specialist	specialist	ADJ
ajfa-4501	342	32	audit	audit	NOUN
ajfa-4501	342	33	firms	firm	NOUN
ajfa-4501	342	34	lnaui	lnaui	ADV
ajfa-4501	342	35	＝	＝	X
ajfa-4501	342	36	a	a	DET
ajfa-4501	342	37	＋	＋	X
ajfa-4501	342	38	1b	1b	NUM
ajfa-4501	342	39	year03i	year03i	NOUN
ajfa-4501	342	40	＋	＋	PUNCT
ajfa-4501	342	41	b2year02i	b2year02i	PROPN
ajfa-4501	342	42	＋	＋	PUNCT
ajfa-4501	342	43	b3big4i	b3big4i	PROPN
ajfa-4501	342	44	＋	＋	PUNCT
ajfa-4501	342	45	4b	4b	X
ajfa-4501	342	46	lnasseti	lnasseti	PROPN
ajfa-4501	342	47	+	+	CCONJ
ajfa-4501	342	48	5b	5b	NUM
ajfa-4501	342	49	debti+	debti+	ADJ
ajfa-4501	342	50	6b	6b	NUM
ajfa-4501	342	51	int	int	NOUN
ajfa-4501	342	52	/	/	SYM
ajfa-4501	342	53	earni＋	earni＋	ADJ
ajfa-4501	342	54	7b	7b	NUM
ajfa-4501	342	55	boardi＋	boardi＋	PROPN
ajfa-4501	342	56	8b	8b	NUM
ajfa-4501	342	57	donatei	donatei	NOUN
ajfa-4501	342	58	＋	＋	X
ajfa-4501	342	59	9b	9b	X
ajfa-4501	342	60	earni	earni	ADJ
ajfa-4501	342	61	＋	＋	PUNCT
ajfa-4501	342	62	10b	10b	NUM
ajfa-4501	342	63	subsidyi＋	subsidyi＋	PROPN
ajfa-4501	342	64	11b	11b	NOUN
ajfa-4501	342	65	univi+	univi+	ADP
ajfa-4501	342	66	12b	12b	X
ajfa-4501	342	67	opp	opp	PROPN
ajfa-4501	342	68	/	/	SYM
ajfa-4501	342	69	tai	tai	PROPN
ajfa-4501	342	70	+	+	CCONJ
ajfa-4501	342	71	iε	iε	PROPN
ajfa-4501	342	72	eq(1	eq(1	NOUN
ajfa-4501	342	73	)	)	PUNCT
ajfa-4501	342	74	specialization	specialization	NOUN
ajfa-4501	342	75	is	be	AUX
ajfa-4501	342	76	set	set	VERB
ajfa-4501	342	77	to	to	PART
ajfa-4501	342	78	be	be	AUX
ajfa-4501	342	79	over	over	ADP
ajfa-4501	342	80	10	10	NUM
ajfa-4501	342	81	%	%	NOUN
ajfa-4501	342	82	of	of	ADP
ajfa-4501	342	83	market	market	NOUN
ajfa-4501	342	84	share	share	NOUN
ajfa-4501	342	85	specialization	specialization	NOUN
ajfa-4501	342	86	is	be	AUX
ajfa-4501	342	87	set	set	VERB
ajfa-4501	342	88	to	to	PART
ajfa-4501	342	89	be	be	AUX
ajfa-4501	342	90	over	over	ADP
ajfa-4501	342	91	15	15	NUM
ajfa-4501	342	92	%	%	NOUN
ajfa-4501	342	93	of	of	ADP
ajfa-4501	342	94	market	market	NOUN
ajfa-4501	342	95	share	share	NOUN
ajfa-4501	342	96	variable	variable	NOUN
ajfa-4501	342	97	:	:	PUNCT
ajfa-4501	342	98	lna	lna	PROPN
ajfa-4501	342	99	u	u	PROPN
ajfa-4501	342	100	coefficient	coefficient	VERB
ajfa-4501	342	101	p	p	NOUN
ajfa-4501	342	102	-	-	PUNCT
ajfa-4501	342	103	value	value	NOUN
ajfa-4501	342	104	vif	vif	NOUN
ajfa-4501	342	105	coefficient	coefficient	VERB
ajfa-4501	342	106	p	p	NOUN
ajfa-4501	342	107	-	-	PUNCT
ajfa-4501	342	108	value	value	NOUN
ajfa-4501	342	109	vif	vif	NOUN
ajfa-4501	342	110	intercept	intercept	VERB
ajfa-4501	342	111	7.2144	7.2144	NUM
ajfa-4501	342	112	0.0000	0.0000	NUM
ajfa-4501	342	113	6.4308	6.4308	NUM
ajfa-4501	342	114	0.0000	0.0000	NUM
ajfa-4501	342	115	year03	year03	NOUN
ajfa-4501	342	116	0.2325	0.2325	NUM
ajfa-4501	342	117	0.0000	0.0000	NUM
ajfa-4501	342	118	1.4449	1.4449	NUM
ajfa-4501	342	119	0.2714	0.2714	NUM
ajfa-4501	342	120	0.0000	0.0000	NUM
ajfa-4501	342	121	1.6723	1.6723	NUM
ajfa-4501	342	122	year02	year02	NOUN
ajfa-4501	342	123	-0.0600	-0.0600	NOUN
ajfa-4501	342	124	0.0204	0.0204	NUM
ajfa-4501	342	125	1.2176	1.2176	NUM
ajfa-4501	342	126	-0.0528	-0.0528	NOUN
ajfa-4501	343	1	0.0608	0.0608	NUM
ajfa-4501	343	2	1.2604	1.2604	NUM
ajfa-4501	343	3	big4	big4	NOUN
ajfa-4501	343	4	0.1238	0.1238	NUM
ajfa-4501	343	5	0.0022	0.0022	NUM
ajfa-4501	343	6	1.2499	1.2499	NUM
ajfa-4501	343	7	0.1083	0.1083	NUM
ajfa-4501	343	8	0.0015	0.0015	NUM
ajfa-4501	343	9	1.4039	1.4039	NUM
ajfa-4501	343	10	lnasset	lnasset	NOUN
ajfa-4501	343	11	0.2556	0.2556	NUM
ajfa-4501	343	12	0.0000	0.0000	NUM
ajfa-4501	343	13	2.6664	2.6664	NUM
ajfa-4501	343	14	0.2903	0.2903	NUM
ajfa-4501	343	15	0.0000	0.0000	NUM
ajfa-4501	343	16	2.8452	2.8452	NUM
ajfa-4501	343	17	debt	debt	NOUN
ajfa-4501	343	18	-0.0167	-0.0167	ADJ
ajfa-4501	343	19	0.8883	0.8883	NUM
ajfa-4501	343	20	1.9432	1.9432	NUM
ajfa-4501	343	21	-0.0803	-0.0803	NOUN
ajfa-4501	343	22	0.5244	0.5244	NUM
ajfa-4501	343	23	1.9700	1.9700	NUM
ajfa-4501	343	24	int	int	NOUN
ajfa-4501	343	25	/	/	SYM
ajfa-4501	343	26	earn	earn	NOUN
ajfa-4501	343	27	-0.2067	-0.2067	NOUN
ajfa-4501	343	28	0.2412	0.2412	NUM
ajfa-4501	344	1	1.8794	1.8794	NUM
ajfa-4501	344	2	0.0937	0.0937	NUM
ajfa-4501	344	3	0.5814	0.5814	NUM
ajfa-4501	344	4	1.7988	1.7988	NUM
ajfa-4501	344	5	board	board	NOUN
ajfa-4501	344	6	-9.9654	-9.9654	PROPN
ajfa-4501	344	7	0.0036	0.0036	NUM
ajfa-4501	344	8	1.3835	1.3835	NUM
ajfa-4501	344	9	-11.3069	-11.3069	NUM
ajfa-4501	344	10	0.0035	0.0035	NUM
ajfa-4501	344	11	1.4340	1.4340	NUM
ajfa-4501	344	12	donate	donate	VERB
ajfa-4501	344	13	-0.3598	-0.3598	NOUN
ajfa-4501	344	14	0.0013	0.0013	NUM
ajfa-4501	344	15	1.5872	1.5872	NUM
ajfa-4501	344	16	-0.3616	-0.3616	NOUN
ajfa-4501	345	1	0.0027	0.0027	NUM
ajfa-4501	345	2	1.4298	1.4298	NUM
ajfa-4501	345	3	earn	earn	NOUN
ajfa-4501	345	4	-0.2955	-0.2955	NOUN
ajfa-4501	345	5	0.0278	0.0278	NUM
ajfa-4501	345	6	1.9701	1.9701	NUM
ajfa-4501	345	7	-0.2927	-0.2927	NOUN
ajfa-4501	345	8	0.0240	0.0240	NUM
ajfa-4501	345	9	1.7020	1.7020	NUM
ajfa-4501	345	10	subsidy	subsidy	NOUN
ajfa-4501	345	11	-1.3090	-1.3090	NOUN
ajfa-4501	346	1	0.0000	0.0000	NUM
ajfa-4501	346	2	1.1680	1.1680	NUM
ajfa-4501	346	3	-0.9987	-0.9987	NOUN
ajfa-4501	346	4	0.0001	0.0001	NUM
ajfa-4501	347	1	1.1074	1.1074	NUM
ajfa-4501	347	2	univ	univ	ADJ
ajfa-4501	347	3	0.1432	0.1432	NUM
ajfa-4501	347	4	0.0001	0.0001	NUM
ajfa-4501	347	5	1.8934	1.8934	NUM
ajfa-4501	347	6	0.0845	0.0845	NUM
ajfa-4501	347	7	0.0257	0.0257	NUM
ajfa-4501	347	8	2.0260	2.0260	NUM
ajfa-4501	347	9	opp	opp	X
ajfa-4501	347	10	/	/	SYM
ajfa-4501	347	11	ta	ta	ADP
ajfa-4501	347	12	0.9353	0.9353	NUM
ajfa-4501	347	13	0.0000	0.0000	NUM
ajfa-4501	347	14	1.2660	1.2660	NUM
ajfa-4501	347	15	0.4986	0.4986	NUM
ajfa-4501	347	16	0.0024	0.0024	NUM
ajfa-4501	347	17	1.3034	1.3034	NUM
ajfa-4501	347	18	r	r	NOUN
ajfa-4501	347	19	-	-	PUNCT
ajfa-4501	347	20	squared	square	VERB
ajfa-4501	347	21	0.785	0.785	NUM
ajfa-4501	347	22	0.751	0.751	NUM
ajfa-4501	347	23	adjusted	adjust	VERB
ajfa-4501	347	24	r	r	NOUN
ajfa-4501	347	25	-	-	PUNCT
ajfa-4501	347	26	squared	square	VERB
ajfa-4501	347	27	0.772	0.772	NUM
ajfa-4501	347	28	0.738	0.738	NUM
ajfa-4501	347	29	f	f	X
ajfa-4501	347	30	-	-	PUNCT
ajfa-4501	347	31	statistic	statistic	ADJ
ajfa-4501	347	32	59.304	59.304	NUM
ajfa-4501	347	33	57.817	57.817	NUM
ajfa-4501	347	34	prob(f	prob(f	NOUN
ajfa-4501	347	35	-	-	PUNCT
ajfa-4501	347	36	statistic	statistic	NOUN
ajfa-4501	347	37	)	)	PUNCT
ajfa-4501	347	38	0.000	0.000	NUM
ajfa-4501	347	39	0.000	0.000	NUM
ajfa-4501	347	40	n	n	PRON
ajfa-4501	347	41	208	208	NUM
ajfa-4501	347	42	243	243	NUM
ajfa-4501	347	43	lnau	lnau	PROPN
ajfa-4501	347	44	:	:	PUNCT
ajfa-4501	347	45	the	the	DET
ajfa-4501	347	46	natural	natural	ADJ
ajfa-4501	347	47	log	log	NOUN
ajfa-4501	347	48	of	of	ADP
ajfa-4501	347	49	the	the	DET
ajfa-4501	347	50	audit	audit	NOUN
ajfa-4501	347	51	fee	fee	NOUN
ajfa-4501	347	52	.	.	PUNCT
ajfa-4501	348	1	year03	year03	NOUN
ajfa-4501	348	2	:	:	PUNCT
ajfa-4501	349	1	dummy	dummy	ADJ
ajfa-4501	349	2	variable	variable	NOUN
ajfa-4501	349	3	,	,	PUNCT
ajfa-4501	349	4	equals	equal	VERB
ajfa-4501	349	5	to	to	ADP
ajfa-4501	349	6	one	one	NUM
ajfa-4501	349	7	if	if	SCONJ
ajfa-4501	349	8	academic	academic	ADJ
ajfa-4501	349	9	year	year	NOUN
ajfa-4501	349	10	2003	2003	NUM
ajfa-4501	349	11	,	,	PUNCT
ajfa-4501	349	12	and	and	CCONJ
ajfa-4501	349	13	zero	zero	NUM
ajfa-4501	349	14	otherwise	otherwise	ADV
ajfa-4501	349	15	.	.	PUNCT
ajfa-4501	350	1	year02	year02	NOUN
ajfa-4501	350	2	:	:	PUNCT
ajfa-4501	350	3	dummy	dummy	ADJ
ajfa-4501	350	4	variable	variable	NOUN
ajfa-4501	350	5	,	,	PUNCT
ajfa-4501	350	6	equals	equal	VERB
ajfa-4501	350	7	to	to	ADP
ajfa-4501	350	8	one	one	NUM
ajfa-4501	350	9	if	if	SCONJ
ajfa-4501	350	10	academic	academic	ADJ
ajfa-4501	350	11	year	year	NOUN
ajfa-4501	350	12	2002	2002	NUM
ajfa-4501	350	13	,	,	PUNCT
ajfa-4501	350	14	and	and	CCONJ
ajfa-4501	350	15	zero	zero	NUM
ajfa-4501	350	16	otherwise	otherwise	ADV
ajfa-4501	350	17	.	.	PUNCT
ajfa-4501	351	1	big4	big4	NOUN
ajfa-4501	351	2	:	:	PUNCT
ajfa-4501	351	3	dummy	dummy	ADJ
ajfa-4501	351	4	variable	variable	NOUN
ajfa-4501	351	5	,	,	PUNCT
ajfa-4501	351	6	proxy	proxy	NOUN
ajfa-4501	351	7	for	for	ADP
ajfa-4501	351	8	audit	audit	NOUN
ajfa-4501	351	9	quality	quality	NOUN
ajfa-4501	351	10	,	,	PUNCT
ajfa-4501	351	11	equals	equal	VERB
ajfa-4501	351	12	to	to	ADP
ajfa-4501	351	13	one	one	NUM
ajfa-4501	351	14	if	if	SCONJ
ajfa-4501	351	15	audited	audit	VERB
ajfa-4501	351	16	by	by	ADP
ajfa-4501	351	17	big	big	ADJ
ajfa-4501	351	18	4	4	NUM
ajfa-4501	351	19	,	,	PUNCT
ajfa-4501	351	20	and	and	CCONJ
ajfa-4501	351	21	zero	zero	NUM
ajfa-4501	351	22	otherwise	otherwise	ADV
ajfa-4501	351	23	.	.	PUNCT
ajfa-4501	352	1	lnasset	lnasset	NOUN
ajfa-4501	352	2	:	:	PUNCT
ajfa-4501	352	3	natural	natural	ADJ
ajfa-4501	352	4	log	log	NOUN
ajfa-4501	352	5	of	of	ADP
ajfa-4501	352	6	total	total	ADJ
ajfa-4501	352	7	assets	asset	NOUN
ajfa-4501	352	8	of	of	ADP
ajfa-4501	352	9	private	private	ADJ
ajfa-4501	352	10	universities	university	NOUN
ajfa-4501	352	11	and	and	CCONJ
ajfa-4501	352	12	junior	junior	ADJ
ajfa-4501	352	13	colleges	college	NOUN
ajfa-4501	352	14	,	,	PUNCT
ajfa-4501	352	15	proxy	proxy	NOUN
ajfa-4501	352	16	for	for	ADP
ajfa-4501	352	17	size	size	NOUN
ajfa-4501	352	18	.	.	PUNCT
ajfa-4501	353	1	debt	debt	NOUN
ajfa-4501	353	2	:	:	PUNCT
ajfa-4501	353	3	the	the	DET
ajfa-4501	353	4	ratio	ratio	NOUN
ajfa-4501	353	5	of	of	ADP
ajfa-4501	353	6	debt	debt	NOUN
ajfa-4501	353	7	to	to	ADP
ajfa-4501	353	8	total	total	ADJ
ajfa-4501	353	9	assets	asset	NOUN
ajfa-4501	353	10	,	,	PUNCT
ajfa-4501	353	11	proxy	proxy	NOUN
ajfa-4501	353	12	for	for	ADP
ajfa-4501	353	13	risks	risk	NOUN
ajfa-4501	353	14	.	.	PUNCT
ajfa-4501	354	1	int	int	NOUN
ajfa-4501	354	2	/	/	SYM
ajfa-4501	354	3	earn	earn	NOUN
ajfa-4501	354	4	:	:	PUNCT
ajfa-4501	354	5	interest	interest	NOUN
ajfa-4501	354	6	expenses	expense	NOUN
ajfa-4501	354	7	divided	divide	VERB
ajfa-4501	354	8	by	by	ADP
ajfa-4501	354	9	current	current	ADJ
ajfa-4501	354	10	net	net	ADJ
ajfa-4501	354	11	income	income	NOUN
ajfa-4501	354	12	/	/	SYM
ajfa-4501	354	13	loss	loss	NOUN
ajfa-4501	354	14	,	,	PUNCT
ajfa-4501	354	15	proxy	proxy	NOUN
ajfa-4501	354	16	for	for	ADP
ajfa-4501	354	17	risks	risk	NOUN
ajfa-4501	354	18	.	.	PUNCT
ajfa-4501	355	1	board	board	NOUN
ajfa-4501	355	2	:	:	PUNCT
ajfa-4501	355	3	the	the	DET
ajfa-4501	355	4	ratio	ratio	NOUN
ajfa-4501	355	5	of	of	ADP
ajfa-4501	355	6	board	board	NOUN
ajfa-4501	355	7	expenditures	expenditure	NOUN
ajfa-4501	355	8	to	to	ADP
ajfa-4501	355	9	current	current	ADJ
ajfa-4501	355	10	revenues	revenue	NOUN
ajfa-4501	355	11	,	,	PUNCT
ajfa-4501	355	12	proxy	proxy	NOUN
ajfa-4501	355	13	for	for	ADP
ajfa-4501	355	14	risks	risk	NOUN
ajfa-4501	355	15	.	.	PUNCT
ajfa-4501	356	1	donate	donate	VERB
ajfa-4501	356	2	:	:	PUNCT
ajfa-4501	356	3	the	the	DET
ajfa-4501	356	4	ratio	ratio	NOUN
ajfa-4501	356	5	of	of	ADP
ajfa-4501	356	6	personal	personal	ADJ
ajfa-4501	356	7	donation	donation	NOUN
ajfa-4501	356	8	to	to	ADP
ajfa-4501	356	9	current	current	ADJ
ajfa-4501	356	10	revenues	revenue	NOUN
ajfa-4501	356	11	,	,	PUNCT
ajfa-4501	356	12	proxy	proxy	NOUN
ajfa-4501	356	13	for	for	ADP
ajfa-4501	356	14	risks	risk	NOUN
ajfa-4501	356	15	.	.	PUNCT
ajfa-4501	357	1	earn	earn	VERB
ajfa-4501	357	2	:	:	PUNCT
ajfa-4501	357	3	the	the	DET
ajfa-4501	357	4	ratio	ratio	NOUN
ajfa-4501	357	5	of	of	ADP
ajfa-4501	357	6	current	current	ADJ
ajfa-4501	357	7	earnings	earning	NOUN
ajfa-4501	357	8	to	to	ADP
ajfa-4501	357	9	current	current	ADJ
ajfa-4501	357	10	revenues	revenue	NOUN
ajfa-4501	357	11	,	,	PUNCT
ajfa-4501	357	12	proxy	proxy	NOUN
ajfa-4501	357	13	for	for	ADP
ajfa-4501	357	14	risks	risk	NOUN
ajfa-4501	357	15	.	.	PUNCT
ajfa-4501	358	1	subsidy	subsidy	NOUN
ajfa-4501	358	2	:	:	PUNCT
ajfa-4501	358	3	the	the	DET
ajfa-4501	358	4	ratio	ratio	NOUN
ajfa-4501	358	5	of	of	ADP
ajfa-4501	358	6	subsidy	subsidy	NOUN
ajfa-4501	358	7	to	to	ADP
ajfa-4501	358	8	current	current	ADJ
ajfa-4501	358	9	revenues	revenue	NOUN
ajfa-4501	358	10	,	,	PUNCT
ajfa-4501	358	11	proxy	proxy	NOUN
ajfa-4501	358	12	for	for	ADP
ajfa-4501	358	13	risks	risk	NOUN
ajfa-4501	358	14	.	.	PUNCT
ajfa-4501	359	1	univ	univ	ADJ
ajfa-4501	359	2	:	:	PUNCT
ajfa-4501	359	3	equals	equal	VERB
ajfa-4501	359	4	to	to	ADP
ajfa-4501	359	5	one	one	NUM
ajfa-4501	359	6	if	if	SCONJ
ajfa-4501	359	7	university	university	NOUN
ajfa-4501	359	8	,	,	PUNCT
ajfa-4501	359	9	and	and	CCONJ
ajfa-4501	359	10	zero	zero	NUM
ajfa-4501	359	11	otherwise	otherwise	ADV
ajfa-4501	359	12	;	;	PUNCT
ajfa-4501	359	13	proxy	proxy	NOUN
ajfa-4501	359	14	for	for	ADP
ajfa-4501	359	15	complexity	complexity	NOUN
ajfa-4501	359	16	.	.	PUNCT
ajfa-4501	360	1	opp	opp	PROPN
ajfa-4501	360	2	/	/	SYM
ajfa-4501	360	3	ta	ta	PROPN
ajfa-4501	360	4	:	:	PUNCT
ajfa-4501	360	5	the	the	DET
ajfa-4501	360	6	ratio	ratio	NOUN
ajfa-4501	360	7	of	of	ADP
ajfa-4501	360	8	operating	operate	VERB
ajfa-4501	360	9	funds	fund	NOUN
ajfa-4501	360	10	to	to	ADP
ajfa-4501	360	11	total	total	ADJ
ajfa-4501	360	12	assets	asset	NOUN
ajfa-4501	360	13	,	,	PUNCT
ajfa-4501	360	14	proxy	proxy	NOUN
ajfa-4501	360	15	for	for	ADP
ajfa-4501	360	16	complexity	complexity	NOUN
ajfa-4501	360	17	.	.	PUNCT
ajfa-4501	361	1	asian	asian	ADJ
ajfa-4501	361	2	journal	journal	PROPN
ajfa-4501	361	3	of	of	ADP
ajfa-4501	361	4	finance	finance	PROPN
ajfa-4501	361	5	&	&	CCONJ
ajfa-4501	361	6	accounting	accounting	PROPN
ajfa-4501	361	7	issn	issn	PROPN
ajfa-4501	361	8	1946	1946	NUM
ajfa-4501	361	9	-	-	PUNCT
ajfa-4501	361	10	052x	052x	NOUN
ajfa-4501	361	11	2013	2013	NUM
ajfa-4501	361	12	,	,	PUNCT
ajfa-4501	361	13	vol	vol	NOUN
ajfa-4501	361	14	.	.	PROPN
ajfa-4501	361	15	5	5	NUM
ajfa-4501	361	16	,	,	PUNCT
ajfa-4501	361	17	no	no	INTJ
ajfa-4501	361	18	.	.	NOUN
ajfa-4501	361	19	2	2	NUM
ajfa-4501	361	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-4501	361	21	323	323	NUM
ajfa-4501	361	22	table	table	NOUN
ajfa-4501	361	23	8	8	NUM
ajfa-4501	361	24	.	.	PUNCT
ajfa-4501	362	1	brand	brand	NOUN
ajfa-4501	362	2	name	name	NOUN
ajfa-4501	362	3	premium	premium	NOUN
ajfa-4501	362	4	of	of	ADP
ajfa-4501	362	5	specialist	specialist	ADJ
ajfa-4501	362	6	audit	audit	NOUN
ajfa-4501	362	7	firms	firm	NOUN
ajfa-4501	362	8	lnaui	lnaui	ADV
ajfa-4501	362	9	＝	＝	X
ajfa-4501	362	10	a	a	DET
ajfa-4501	362	11	＋	＋	X
ajfa-4501	362	12	1b	1b	NUM
ajfa-4501	362	13	year03i	year03i	NOUN
ajfa-4501	362	14	＋	＋	PUNCT
ajfa-4501	362	15	b2year02i	b2year02i	PROPN
ajfa-4501	362	16	＋	＋	PUNCT
ajfa-4501	362	17	b3spei	b3spei	PROPN
ajfa-4501	362	18	＋	＋	PUNCT
ajfa-4501	362	19	4b	4b	PROPN
ajfa-4501	362	20	lnasseti	lnasseti	PROPN
ajfa-4501	362	21	+	+	CCONJ
ajfa-4501	362	22	5b	5b	NUM
ajfa-4501	362	23	debti+	debti+	ADJ
ajfa-4501	362	24	6b	6b	NUM
ajfa-4501	362	25	int	int	NOUN
ajfa-4501	362	26	/	/	SYM
ajfa-4501	362	27	earni＋	earni＋	ADJ
ajfa-4501	362	28	7b	7b	NUM
ajfa-4501	362	29	boardi＋	boardi＋	PROPN
ajfa-4501	362	30	8b	8b	NUM
ajfa-4501	362	31	donatei	donatei	NOUN
ajfa-4501	362	32	＋	＋	X
ajfa-4501	362	33	9b	9b	X
ajfa-4501	362	34	earni	earni	ADJ
ajfa-4501	362	35	＋	＋	PUNCT
ajfa-4501	362	36	10b	10b	NUM
ajfa-4501	362	37	subsidyi＋	subsidyi＋	PROPN
ajfa-4501	362	38	11b	11b	NOUN
ajfa-4501	362	39	univi+	univi+	ADP
ajfa-4501	362	40	12b	12b	X
ajfa-4501	362	41	opp	opp	PROPN
ajfa-4501	362	42	/	/	SYM
ajfa-4501	362	43	tai	tai	PROPN
ajfa-4501	362	44	+	+	CCONJ
ajfa-4501	362	45	iε	iε	PROPN
ajfa-4501	362	46	eq(2	eq(2	PROPN
ajfa-4501	362	47	)	)	PUNCT
ajfa-4501	362	48	specialization	specialization	NOUN
ajfa-4501	362	49	is	be	AUX
ajfa-4501	362	50	set	set	VERB
ajfa-4501	362	51	to	to	PART
ajfa-4501	362	52	be	be	AUX
ajfa-4501	362	53	over	over	ADP
ajfa-4501	362	54	10	10	NUM
ajfa-4501	362	55	%	%	NOUN
ajfa-4501	362	56	of	of	ADP
ajfa-4501	362	57	market	market	NOUN
ajfa-4501	362	58	share	share	NOUN
ajfa-4501	362	59	specialization	specialization	NOUN
ajfa-4501	362	60	is	be	AUX
ajfa-4501	362	61	set	set	VERB
ajfa-4501	362	62	to	to	PART
ajfa-4501	362	63	be	be	AUX
ajfa-4501	362	64	over	over	ADP
ajfa-4501	362	65	15	15	NUM
ajfa-4501	362	66	%	%	NOUN
ajfa-4501	362	67	of	of	ADP
ajfa-4501	362	68	market	market	NOUN
ajfa-4501	362	69	share	share	NOUN
ajfa-4501	362	70	variable	variable	NOUN
ajfa-4501	362	71	:	:	PUNCT
ajfa-4501	362	72	lnau	lnau	PROPN
ajfa-4501	362	73	coefficient	coefficient	NOUN
ajfa-4501	362	74	p	p	NOUN
ajfa-4501	362	75	-	-	PUNCT
ajfa-4501	362	76	value	value	NOUN
ajfa-4501	362	77	vif	vif	NOUN
ajfa-4501	362	78	coefficient	coefficient	VERB
ajfa-4501	362	79	p	p	NOUN
ajfa-4501	362	80	-	-	PUNCT
ajfa-4501	362	81	value	value	NOUN
ajfa-4501	362	82	vif	vif	NOUN
ajfa-4501	362	83	intercept	intercept	VERB
ajfa-4501	362	84	9.5709	9.5709	NUM
ajfa-4501	362	85	0.0000	0.0000	NUM
ajfa-4501	362	86	9.1745	9.1745	NUM
ajfa-4501	362	87	0.0000	0.0000	NUM
ajfa-4501	362	88	year03	year03	NOUN
ajfa-4501	362	89	0.3545	0.3545	NUM
ajfa-4501	362	90	0.0002	0.0002	NUM
ajfa-4501	362	91	2.2323	2.2323	NUM
ajfa-4501	362	92	0.3310	0.3310	NUM
ajfa-4501	362	93	0.0003	0.0003	NUM
ajfa-4501	362	94	2.2520	2.2520	NUM
ajfa-4501	362	95	year02	year02	NOUN
ajfa-4501	362	96	0.0404	0.0404	NUM
ajfa-4501	362	97	0.7005	0.7005	NUM
ajfa-4501	362	98	1.8772	1.8772	NUM
ajfa-4501	362	99	0.0441	0.0441	NUM
ajfa-4501	362	100	0.6642	0.6642	NUM
ajfa-4501	362	101	1.8313	1.8313	NUM
ajfa-4501	362	102	spe	spe	NOUN
ajfa-4501	362	103	0.1042	0.1042	NUM
ajfa-4501	362	104	0.1671	0.1671	NUM
ajfa-4501	362	105	1.1046	1.1046	NUM
ajfa-4501	362	106	0.1689	0.1689	NUM
ajfa-4501	362	107	0.0123	0.0123	NUM
ajfa-4501	362	108	1.3934	1.3934	NUM
ajfa-4501	362	109	lnasset	lnasset	NOUN
ajfa-4501	362	110	0.1497	0.1497	NUM
ajfa-4501	362	111	0.0827	0.0827	NUM
ajfa-4501	362	112	3.8665	3.8665	NUM
ajfa-4501	362	113	0.1619	0.1619	NUM
ajfa-4501	362	114	0.0563	0.0563	NUM
ajfa-4501	362	115	3.8834	3.8834	NUM
ajfa-4501	362	116	debt	debt	NOUN
ajfa-4501	362	117	-0.9201	-0.9201	NOUN
ajfa-4501	363	1	0.0239	0.0239	NUM
ajfa-4501	363	2	2.9264	2.9264	NUM
ajfa-4501	363	3	-0.7534	-0.7534	NOUN
ajfa-4501	363	4	0.0599	0.0599	NUM
ajfa-4501	363	5	2.9682	2.9682	NUM
ajfa-4501	363	6	int	int	NOUN
ajfa-4501	363	7	/	/	PUNCT
ajfa-4501	363	8	earn	earn	VERB
ajfa-4501	363	9	1.4869	1.4869	NUM
ajfa-4501	363	10	0.0019	0.0019	NUM
ajfa-4501	363	11	2.8510	2.8510	NUM
ajfa-4501	363	12	1.4598	1.4598	NUM
ajfa-4501	363	13	0.0018	0.0018	NUM
ajfa-4501	363	14	2.8518	2.8518	NUM
ajfa-4501	363	15	board	board	NOUN
ajfa-4501	363	16	-26.3068	-26.3068	PUNCT
ajfa-4501	363	17	0.1838	0.1838	NUM
ajfa-4501	363	18	1.8105	1.8105	NUM
ajfa-4501	363	19	-8.3736	-8.3736	NOUN
ajfa-4501	363	20	0.6887	0.6887	NUM
ajfa-4501	363	21	2.1223	2.1223	NUM
ajfa-4501	363	22	donate	donate	VERB
ajfa-4501	363	23	-0.1461	-0.1461	NOUN
ajfa-4501	363	24	0.7193	0.7193	NUM
ajfa-4501	363	25	1.2599	1.2599	NUM
ajfa-4501	363	26	-0.1502	-0.1502	NOUN
ajfa-4501	363	27	0.7044	0.7044	NUM
ajfa-4501	363	28	1.2456	1.2456	NUM
ajfa-4501	363	29	earn	earn	NOUN
ajfa-4501	363	30	-0.5054	-0.5054	NOUN
ajfa-4501	363	31	0.0940	0.0940	NUM
ajfa-4501	363	32	1.3960	1.3960	NUM
ajfa-4501	363	33	-0.3712	-0.3712	NOUN
ajfa-4501	363	34	0.2176	0.2176	NUM
ajfa-4501	363	35	1.4573	1.4573	NUM
ajfa-4501	363	36	subsidy	subsidy	NOUN
ajfa-4501	363	37	-0.2163	-0.2163	NOUN
ajfa-4501	363	38	0.7879	0.7879	NUM
ajfa-4501	363	39	1.2402	1.2402	NUM
ajfa-4501	363	40	0.0979	0.0979	NUM
ajfa-4501	363	41	0.9027	0.9027	NUM
ajfa-4501	363	42	1.2831	1.2831	NUM
ajfa-4501	363	43	univ	univ	ADJ
ajfa-4501	363	44	0.1007	0.1007	NUM
ajfa-4501	363	45	0.2639	0.2639	NUM
ajfa-4501	363	46	2.4243	2.4243	NUM
ajfa-4501	363	47	0.1268	0.1268	NUM
ajfa-4501	363	48	0.1536	0.1536	NUM
ajfa-4501	363	49	2.4465	2.4465	NUM
ajfa-4501	363	50	opp	opp	PROPN
ajfa-4501	363	51	/	/	SYM
ajfa-4501	363	52	ta	ta	ADP
ajfa-4501	363	53	0.1942	0.1942	NUM
ajfa-4501	363	54	0.5740	0.5740	NUM
ajfa-4501	363	55	1.3498	1.3498	NUM
ajfa-4501	363	56	0.2438	0.2438	NUM
ajfa-4501	363	57	0.4678	0.4678	NUM
ajfa-4501	363	58	1.3271	1.3271	NUM
ajfa-4501	363	59	r	r	NOUN
ajfa-4501	363	60	-	-	PUNCT
ajfa-4501	363	61	squared	square	VERB
ajfa-4501	363	62	0.447	0.447	NUM
ajfa-4501	363	63	0.470	0.470	NUM
ajfa-4501	363	64	adjusted	adjusted	ADJ
ajfa-4501	363	65	r	r	NOUN
ajfa-4501	363	66	-	-	PUNCT
ajfa-4501	363	67	squared	square	VERB
ajfa-4501	363	68	0.384	0.384	NUM
ajfa-4501	363	69	0.409	0.409	NUM
ajfa-4501	363	70	f	f	X
ajfa-4501	363	71	-	-	PUNCT
ajfa-4501	363	72	statistic	statistic	NOUN
ajfa-4501	363	73	7.075	7.075	NUM
ajfa-4501	363	74	7.748	7.748	NUM
ajfa-4501	363	75	prob(f	prob(f	NOUN
ajfa-4501	363	76	-	-	PUNCT
ajfa-4501	363	77	statistic	statistic	NOUN
ajfa-4501	363	78	)	)	PUNCT
ajfa-4501	363	79	0.000	0.000	NUM
ajfa-4501	364	1	0.000	0.000	NUM
ajfa-4501	365	1	n	n	PRON
ajfa-4501	366	1	118	118	NUM
ajfa-4501	366	2	118	118	NUM
ajfa-4501	366	3	lnau	lnau	PROPN
ajfa-4501	366	4	:	:	PUNCT
ajfa-4501	366	5	the	the	DET
ajfa-4501	366	6	natural	natural	ADJ
ajfa-4501	366	7	log	log	NOUN
ajfa-4501	366	8	of	of	ADP
ajfa-4501	366	9	the	the	DET
ajfa-4501	366	10	audit	audit	NOUN
ajfa-4501	366	11	fee	fee	NOUN
ajfa-4501	366	12	.	.	PUNCT
ajfa-4501	367	1	year03	year03	NOUN
ajfa-4501	367	2	:	:	PUNCT
ajfa-4501	368	1	dummy	dummy	ADJ
ajfa-4501	368	2	variable	variable	NOUN
ajfa-4501	368	3	,	,	PUNCT
ajfa-4501	368	4	equals	equal	VERB
ajfa-4501	368	5	to	to	ADP
ajfa-4501	368	6	one	one	NUM
ajfa-4501	368	7	if	if	SCONJ
ajfa-4501	368	8	academic	academic	ADJ
ajfa-4501	368	9	year	year	NOUN
ajfa-4501	368	10	2003	2003	NUM
ajfa-4501	368	11	,	,	PUNCT
ajfa-4501	368	12	and	and	CCONJ
ajfa-4501	368	13	zero	zero	NUM
ajfa-4501	368	14	otherwise	otherwise	ADV
ajfa-4501	368	15	.	.	PUNCT
ajfa-4501	369	1	year02	year02	NOUN
ajfa-4501	369	2	:	:	PUNCT
ajfa-4501	369	3	dummy	dummy	ADJ
ajfa-4501	369	4	variable	variable	NOUN
ajfa-4501	369	5	,	,	PUNCT
ajfa-4501	369	6	equals	equal	VERB
ajfa-4501	369	7	to	to	ADP
ajfa-4501	369	8	one	one	NUM
ajfa-4501	369	9	if	if	SCONJ
ajfa-4501	369	10	academic	academic	ADJ
ajfa-4501	369	11	year	year	NOUN
ajfa-4501	369	12	2002	2002	NUM
ajfa-4501	369	13	,	,	PUNCT
ajfa-4501	369	14	and	and	CCONJ
ajfa-4501	369	15	zero	zero	NUM
ajfa-4501	369	16	otherwise	otherwise	ADV
ajfa-4501	369	17	.	.	PUNCT
ajfa-4501	370	1	spe	spe	PROPN
ajfa-4501	370	2	:	:	PUNCT
ajfa-4501	370	3	professional	professional	ADJ
ajfa-4501	370	4	cpa	cpa	NOUN
ajfa-4501	370	5	firms	firm	NOUN
ajfa-4501	370	6	;	;	PUNCT
ajfa-4501	370	7	equals	equal	VERB
ajfa-4501	370	8	to	to	ADP
ajfa-4501	370	9	one	one	NUM
ajfa-4501	370	10	when	when	SCONJ
ajfa-4501	370	11	the	the	DET
ajfa-4501	370	12	ratio	ratio	NOUN
ajfa-4501	370	13	of	of	ADP
ajfa-4501	370	14	audit	audit	NOUN
ajfa-4501	370	15	fees	fee	NOUN
ajfa-4501	370	16	over	over	ADP
ajfa-4501	370	17	total	total	ADJ
ajfa-4501	370	18	audit	audit	NOUN
ajfa-4501	370	19	fees	fee	NOUN
ajfa-4501	370	20	is	be	AUX
ajfa-4501	370	21	greater	great	ADJ
ajfa-4501	370	22	than	than	ADP
ajfa-4501	370	23	10	10	NUM
ajfa-4501	370	24	%	%	NOUN
ajfa-4501	370	25	or	or	CCONJ
ajfa-4501	370	26	15	15	NUM
ajfa-4501	370	27	%	%	NOUN
ajfa-4501	370	28	,	,	PUNCT
ajfa-4501	370	29	and	and	CCONJ
ajfa-4501	370	30	zero	zero	NUM
ajfa-4501	370	31	otherwise	otherwise	ADV
ajfa-4501	370	32	.	.	PUNCT
ajfa-4501	371	1	lnasset	lnasset	NOUN
ajfa-4501	371	2	:	:	PUNCT
ajfa-4501	371	3	natural	natural	ADJ
ajfa-4501	371	4	log	log	NOUN
ajfa-4501	371	5	of	of	ADP
ajfa-4501	371	6	total	total	ADJ
ajfa-4501	371	7	assets	asset	NOUN
ajfa-4501	371	8	of	of	ADP
ajfa-4501	371	9	private	private	ADJ
ajfa-4501	371	10	universities	university	NOUN
ajfa-4501	371	11	and	and	CCONJ
ajfa-4501	371	12	junior	junior	ADJ
ajfa-4501	371	13	colleges	college	NOUN
ajfa-4501	371	14	,	,	PUNCT
ajfa-4501	371	15	proxy	proxy	NOUN
ajfa-4501	371	16	for	for	ADP
ajfa-4501	371	17	size	size	NOUN
ajfa-4501	371	18	.	.	PUNCT
ajfa-4501	372	1	debt	debt	NOUN
ajfa-4501	372	2	:	:	PUNCT
ajfa-4501	372	3	the	the	DET
ajfa-4501	372	4	ratio	ratio	NOUN
ajfa-4501	372	5	of	of	ADP
ajfa-4501	372	6	debt	debt	NOUN
ajfa-4501	372	7	to	to	ADP
ajfa-4501	372	8	total	total	ADJ
ajfa-4501	372	9	assets	asset	NOUN
ajfa-4501	372	10	,	,	PUNCT
ajfa-4501	372	11	proxy	proxy	NOUN
ajfa-4501	372	12	for	for	ADP
ajfa-4501	372	13	risks	risk	NOUN
ajfa-4501	372	14	.	.	PUNCT
ajfa-4501	373	1	int	int	NOUN
ajfa-4501	373	2	/	/	SYM
ajfa-4501	373	3	earn	earn	NOUN
ajfa-4501	373	4	:	:	PUNCT
ajfa-4501	373	5	interest	interest	NOUN
ajfa-4501	373	6	expenses	expense	NOUN
ajfa-4501	373	7	divided	divide	VERB
ajfa-4501	373	8	by	by	ADP
ajfa-4501	373	9	current	current	ADJ
ajfa-4501	373	10	net	net	ADJ
ajfa-4501	373	11	income	income	NOUN
ajfa-4501	373	12	/	/	SYM
ajfa-4501	373	13	loss	loss	NOUN
ajfa-4501	373	14	,	,	PUNCT
ajfa-4501	373	15	proxy	proxy	NOUN
ajfa-4501	373	16	for	for	ADP
ajfa-4501	373	17	risks	risk	NOUN
ajfa-4501	373	18	.	.	PUNCT
ajfa-4501	374	1	board	board	NOUN
ajfa-4501	374	2	:	:	PUNCT
ajfa-4501	374	3	the	the	DET
ajfa-4501	374	4	ratio	ratio	NOUN
ajfa-4501	374	5	of	of	ADP
ajfa-4501	374	6	board	board	NOUN
ajfa-4501	374	7	expenditures	expenditure	NOUN
ajfa-4501	374	8	to	to	ADP
ajfa-4501	374	9	current	current	ADJ
ajfa-4501	374	10	revenues	revenue	NOUN
ajfa-4501	374	11	,	,	PUNCT
ajfa-4501	374	12	proxy	proxy	NOUN
ajfa-4501	374	13	for	for	ADP
ajfa-4501	374	14	risks	risk	NOUN
ajfa-4501	374	15	.	.	PUNCT
ajfa-4501	375	1	donate	donate	VERB
ajfa-4501	375	2	:	:	PUNCT
ajfa-4501	375	3	the	the	DET
ajfa-4501	375	4	ratio	ratio	NOUN
ajfa-4501	375	5	of	of	ADP
ajfa-4501	375	6	personal	personal	ADJ
ajfa-4501	375	7	donation	donation	NOUN
ajfa-4501	375	8	to	to	ADP
ajfa-4501	375	9	current	current	ADJ
ajfa-4501	375	10	revenues	revenue	NOUN
ajfa-4501	375	11	,	,	PUNCT
ajfa-4501	375	12	proxy	proxy	NOUN
ajfa-4501	375	13	for	for	ADP
ajfa-4501	375	14	risks	risk	NOUN
ajfa-4501	375	15	.	.	PUNCT
ajfa-4501	376	1	earn	earn	VERB
ajfa-4501	376	2	:	:	PUNCT
ajfa-4501	376	3	the	the	DET
ajfa-4501	376	4	ratio	ratio	NOUN
ajfa-4501	376	5	of	of	ADP
ajfa-4501	376	6	current	current	ADJ
ajfa-4501	376	7	earnings	earning	NOUN
ajfa-4501	376	8	to	to	ADP
ajfa-4501	376	9	current	current	ADJ
ajfa-4501	376	10	revenues	revenue	NOUN
ajfa-4501	376	11	,	,	PUNCT
ajfa-4501	376	12	proxy	proxy	NOUN
ajfa-4501	376	13	for	for	ADP
ajfa-4501	376	14	risks	risk	NOUN
ajfa-4501	376	15	.	.	PUNCT
ajfa-4501	377	1	subsidy	subsidy	NOUN
ajfa-4501	377	2	:	:	PUNCT
ajfa-4501	377	3	the	the	DET
ajfa-4501	377	4	ratio	ratio	NOUN
ajfa-4501	377	5	of	of	ADP
ajfa-4501	377	6	subsidy	subsidy	NOUN
ajfa-4501	377	7	to	to	ADP
ajfa-4501	377	8	current	current	ADJ
ajfa-4501	377	9	revenues	revenue	NOUN
ajfa-4501	377	10	,	,	PUNCT
ajfa-4501	377	11	proxy	proxy	NOUN
ajfa-4501	377	12	for	for	ADP
ajfa-4501	377	13	risks	risk	NOUN
ajfa-4501	377	14	.	.	PUNCT
ajfa-4501	378	1	univ	univ	ADJ
ajfa-4501	378	2	:	:	PUNCT
ajfa-4501	378	3	equals	equal	VERB
ajfa-4501	378	4	to	to	ADP
ajfa-4501	378	5	one	one	NUM
ajfa-4501	378	6	if	if	SCONJ
ajfa-4501	378	7	university	university	NOUN
ajfa-4501	378	8	,	,	PUNCT
ajfa-4501	378	9	and	and	CCONJ
ajfa-4501	378	10	zero	zero	NUM
ajfa-4501	378	11	otherwise	otherwise	ADV
ajfa-4501	378	12	;	;	PUNCT
ajfa-4501	378	13	proxy	proxy	NOUN
ajfa-4501	378	14	for	for	ADP
ajfa-4501	378	15	complexity	complexity	NOUN
ajfa-4501	378	16	.	.	PUNCT
ajfa-4501	379	1	opp	opp	PROPN
ajfa-4501	379	2	/	/	SYM
ajfa-4501	379	3	ta	ta	PROPN
ajfa-4501	379	4	:	:	PUNCT
ajfa-4501	379	5	the	the	DET
ajfa-4501	379	6	ratio	ratio	NOUN
ajfa-4501	379	7	of	of	ADP
ajfa-4501	379	8	operating	operate	VERB
ajfa-4501	379	9	funds	fund	NOUN
ajfa-4501	379	10	to	to	ADP
ajfa-4501	379	11	total	total	ADJ
ajfa-4501	379	12	assets	asset	NOUN
ajfa-4501	379	13	,	,	PUNCT
ajfa-4501	379	14	proxy	proxy	NOUN
ajfa-4501	379	15	for	for	ADP
ajfa-4501	379	16	complexity	complexity	NOUN
ajfa-4501	379	17	.	.	PUNCT
ajfa-4501	380	1	asian	asian	ADJ
ajfa-4501	380	2	journal	journal	PROPN
ajfa-4501	380	3	of	of	ADP
ajfa-4501	380	4	finance	finance	PROPN
ajfa-4501	380	5	&	&	CCONJ
ajfa-4501	380	6	accounting	accounting	PROPN
ajfa-4501	380	7	issn	issn	PROPN
ajfa-4501	380	8	1946	1946	NUM
ajfa-4501	380	9	-	-	PUNCT
ajfa-4501	380	10	052x	052x	NOUN
ajfa-4501	380	11	2013	2013	NUM
ajfa-4501	380	12	,	,	PUNCT
ajfa-4501	380	13	vol	vol	NOUN
ajfa-4501	380	14	.	.	PROPN
ajfa-4501	380	15	5	5	NUM
ajfa-4501	380	16	,	,	PUNCT
ajfa-4501	380	17	no	no	INTJ
ajfa-4501	380	18	.	.	NOUN
ajfa-4501	380	19	2	2	NUM
ajfa-4501	380	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-4501	380	21	324	324	NUM
ajfa-4501	380	22	table	table	NOUN
ajfa-4501	380	23	9	9	NUM
ajfa-4501	380	24	.	.	PUNCT
ajfa-4501	381	1	results	result	NOUN
ajfa-4501	381	2	of	of	ADP
ajfa-4501	381	3	regression	regression	NOUN
ajfa-4501	381	4	model	model	NOUN
ajfa-4501	381	5	for	for	ADP
ajfa-4501	381	6	brand	brand	NOUN
ajfa-4501	381	7	name	name	NOUN
ajfa-4501	381	8	premium	premium	NOUN
ajfa-4501	381	9	and	and	CCONJ
ajfa-4501	381	10	industry	industry	NOUN
ajfa-4501	381	11	specialist	specialist	NOUN
ajfa-4501	381	12	with	with	ADP
ajfa-4501	381	13	full	full	ADJ
ajfa-4501	381	14	sample	sample	NOUN
ajfa-4501	381	15	lnaui	lnaui	NOUN
ajfa-4501	381	16	＝	＝	X
ajfa-4501	381	17	a	a	DET
ajfa-4501	381	18	＋	＋	X
ajfa-4501	381	19	1b	1b	NUM
ajfa-4501	381	20	year03i	year03i	NOUN
ajfa-4501	381	21	＋	＋	PUNCT
ajfa-4501	381	22	b2year02i	b2year02i	PROPN
ajfa-4501	381	23	＋	＋	PUNCT
ajfa-4501	381	24	b3big4i	b3big4i	PROPN
ajfa-4501	381	25	＋	＋	PUNCT
ajfa-4501	381	26	b4spei+	b4spei+	NOUN
ajfa-4501	381	27	5b	5b	VERB
ajfa-4501	381	28	lnasseti	lnasseti	NOUN
ajfa-4501	381	29	+	+	CCONJ
ajfa-4501	381	30	6b	6b	X
ajfa-4501	381	31	debti+	debti+	VERB
ajfa-4501	381	32	7b	7b	NUM
ajfa-4501	381	33	int	int	NOUN
ajfa-4501	381	34	/	/	SYM
ajfa-4501	381	35	earni＋	earni＋	NOUN
ajfa-4501	381	36	8b	8b	NUM
ajfa-4501	381	37	boardi	boardi	NOUN
ajfa-4501	381	38	＋	＋	SYM
ajfa-4501	381	39	9b	9b	PROPN
ajfa-4501	381	40	donatei＋	donatei＋	PROPN
ajfa-4501	381	41	10b	10b	NUM
ajfa-4501	381	42	earni	earni	ADJ
ajfa-4501	381	43	＋	＋	PUNCT
ajfa-4501	381	44	11b	11b	NOUN
ajfa-4501	381	45	subsidyi＋	subsidyi＋	PROPN
ajfa-4501	381	46	12b	12b	NOUN
ajfa-4501	381	47	univi+	univi+	X
ajfa-4501	381	48	13b	13b	X
ajfa-4501	381	49	opp	opp	PROPN
ajfa-4501	381	50	/	/	SYM
ajfa-4501	381	51	tai	tai	PROPN
ajfa-4501	381	52	+	+	CCONJ
ajfa-4501	381	53	iε	iε	PROPN
ajfa-4501	381	54	eq(3	eq(3	PROPN
ajfa-4501	381	55	)	)	PUNCT
ajfa-4501	381	56	specialization	specialization	NOUN
ajfa-4501	381	57	is	be	AUX
ajfa-4501	381	58	set	set	VERB
ajfa-4501	381	59	to	to	PART
ajfa-4501	381	60	be	be	AUX
ajfa-4501	381	61	over	over	ADP
ajfa-4501	381	62	10	10	NUM
ajfa-4501	381	63	%	%	NOUN
ajfa-4501	381	64	of	of	ADP
ajfa-4501	381	65	market	market	NOUN
ajfa-4501	381	66	share	share	NOUN
ajfa-4501	381	67	specialization	specialization	NOUN
ajfa-4501	381	68	is	be	AUX
ajfa-4501	381	69	set	set	VERB
ajfa-4501	381	70	to	to	PART
ajfa-4501	381	71	be	be	AUX
ajfa-4501	381	72	over	over	ADP
ajfa-4501	381	73	15	15	NUM
ajfa-4501	381	74	%	%	NOUN
ajfa-4501	381	75	of	of	ADP
ajfa-4501	381	76	market	market	NOUN
ajfa-4501	381	77	share	share	NOUN
ajfa-4501	381	78	variable	variable	NOUN
ajfa-4501	381	79	:	:	PUNCT
ajfa-4501	381	80	lnau	lnau	PROPN
ajfa-4501	381	81	coefficient	coefficient	NOUN
ajfa-4501	381	82	p	p	NOUN
ajfa-4501	381	83	-	-	PUNCT
ajfa-4501	381	84	value	value	NOUN
ajfa-4501	381	85	vif	vif	NOUN
ajfa-4501	381	86	coefficient	coefficient	VERB
ajfa-4501	381	87	p	p	NOUN
ajfa-4501	381	88	-	-	PUNCT
ajfa-4501	381	89	value	value	NOUN
ajfa-4501	381	90	vif	vif	NOUN
ajfa-4501	381	91	intercept	intercept	VERB
ajfa-4501	381	92	7.5382	7.5382	NUM
ajfa-4501	381	93	0.0000	0.0000	NUM
ajfa-4501	381	94	7.5596	7.5596	NUM
ajfa-4501	381	95	0.0000	0.0000	NUM
ajfa-4501	381	96	year03	year03	NOUN
ajfa-4501	381	97	0.2153	0.2153	NUM
ajfa-4501	381	98	0.0000	0.0000	NUM
ajfa-4501	381	99	2.0267	2.0267	NUM
ajfa-4501	381	100	0.2020	0.2020	NUM
ajfa-4501	381	101	0.0000	0.0000	NUM
ajfa-4501	381	102	2.0447	2.0447	NUM
ajfa-4501	381	103	year02	year02	NOUN
ajfa-4501	381	104	-0.0408	-0.0408	VERB
ajfa-4501	381	105	0.2315	0.2315	NUM
ajfa-4501	381	106	1.3661	1.3661	NUM
ajfa-4501	381	107	-0.0356	-0.0356	NOUN
ajfa-4501	381	108	0.2869	0.2869	NUM
ajfa-4501	381	109	1.3610	1.3610	NUM
ajfa-4501	381	110	big4	big4	NOUN
ajfa-4501	381	111	0.1437	0.1437	NUM
ajfa-4501	381	112	0.0099	0.0099	NUM
ajfa-4501	381	113	3.8622	3.8622	NUM
ajfa-4501	381	114	0.1526	0.1526	NUM
ajfa-4501	381	115	0.0002	0.0002	NUM
ajfa-4501	381	116	2.1006	2.1006	NUM
ajfa-4501	381	117	spe	spe	ADP
ajfa-4501	381	118	0.0985	0.0985	NUM
ajfa-4501	381	119	0.0757	0.0757	NUM
ajfa-4501	381	120	3.4708	3.4708	NUM
ajfa-4501	381	121	0.1674	0.1674	NUM
ajfa-4501	381	122	0.0002	0.0002	NUM
ajfa-4501	381	123	1.7438	1.7438	NUM
ajfa-4501	381	124	lnasset	lnasset	NOUN
ajfa-4501	381	125	0.2406	0.2406	NUM
ajfa-4501	381	126	0.0000	0.0000	NUM
ajfa-4501	381	127	2.8276	2.8276	NUM
ajfa-4501	381	128	0.2376	0.2376	NUM
ajfa-4501	381	129	0.0000	0.0000	NUM
ajfa-4501	381	130	2.8271	2.8271	NUM
ajfa-4501	381	131	debt	debt	NOUN
ajfa-4501	381	132	-0.2074	-0.2074	NOUN
ajfa-4501	381	133	0.1717	0.1717	NUM
ajfa-4501	381	134	1.9987	1.9987	NUM
ajfa-4501	381	135	-0.1508	-0.1508	NOUN
ajfa-4501	381	136	0.3131	0.3131	NUM
ajfa-4501	381	137	2.0144	2.0144	NUM
ajfa-4501	381	138	int	int	NOUN
ajfa-4501	381	139	/	/	SYM
ajfa-4501	381	140	earn	earn	NOUN
ajfa-4501	381	141	0.4337	0.4337	NUM
ajfa-4501	381	142	0.0356	0.0356	NUM
ajfa-4501	381	143	1.8807	1.8807	NUM
ajfa-4501	381	144	0.4244	0.4244	NUM
ajfa-4501	381	145	0.0362	0.0362	NUM
ajfa-4501	381	146	1.8810	1.8810	NUM
ajfa-4501	381	147	board	board	NOUN
ajfa-4501	381	148	-14.0938	-14.0938	PUNCT
ajfa-4501	381	149	0.0028	0.0028	NUM
ajfa-4501	381	150	1.4364	1.4364	NUM
ajfa-4501	381	151	-12.2554	-12.2554	PUNCT
ajfa-4501	381	152	0.0086	0.0086	NUM
ajfa-4501	381	153	1.4568	1.4568	NUM
ajfa-4501	381	154	donate	donate	NOUN
ajfa-4501	381	155	-0.3457	-0.3457	NOUN
ajfa-4501	381	156	0.0148	0.0148	NUM
ajfa-4501	381	157	1.3743	1.3743	NUM
ajfa-4501	381	158	-0.3538	-0.3538	NOUN
ajfa-4501	381	159	0.0110	0.0110	NUM
ajfa-4501	381	160	1.3710	1.3710	NUM
ajfa-4501	381	161	earn	earn	NOUN
ajfa-4501	381	162	-0.3511	-0.3511	NOUN
ajfa-4501	381	163	0.0160	0.0160	NUM
ajfa-4501	381	164	1.6583	1.6583	NUM
ajfa-4501	381	165	-0.3119	-0.3119	NOUN
ajfa-4501	382	1	0.0297	0.0297	NUM
ajfa-4501	382	2	1.6690	1.6690	NUM
ajfa-4501	382	3	subsidy	subsidy	NOUN
ajfa-4501	382	4	-0.9973	-0.9973	NOUN
ajfa-4501	382	5	0.0010	0.0010	NUM
ajfa-4501	382	6	1.1669	1.1669	NUM
ajfa-4501	382	7	-0.8893	-0.8893	NOUN
ajfa-4501	382	8	0.0030	0.0030	NUM
ajfa-4501	383	1	1.1812	1.1812	NUM
ajfa-4501	383	2	univ	univ	PROPN
ajfa-4501	383	3	0.0684	0.0684	NUM
ajfa-4501	383	4	0.0982	0.0982	NUM
ajfa-4501	384	1	2.0070	2.0070	NUM
ajfa-4501	384	2	0.0772	0.0772	NUM
ajfa-4501	384	3	0.0577	0.0577	NUM
ajfa-4501	384	4	2.0045	2.0045	NUM
ajfa-4501	384	5	opp	opp	PROPN
ajfa-4501	384	6	/	/	SYM
ajfa-4501	384	7	ta	ta	PROPN
ajfa-4501	384	8	0.5242	0.5242	NUM
ajfa-4501	384	9	0.0054	0.0054	NUM
ajfa-4501	384	10	1.2805	1.2805	NUM
ajfa-4501	384	11	0.5796	0.5796	NUM
ajfa-4501	384	12	0.0017	0.0017	NUM
ajfa-4501	384	13	1.2773	1.2773	NUM
ajfa-4501	384	14	r	r	NOUN
ajfa-4501	384	15	-	-	PUNCT
ajfa-4501	384	16	squared	square	VERB
ajfa-4501	384	17	0.698	0.698	NUM
ajfa-4501	384	18	0.708	0.708	NUM
ajfa-4501	384	19	adjusted	adjusted	ADJ
ajfa-4501	384	20	r	r	NOUN
ajfa-4501	384	21	-	-	PUNCT
ajfa-4501	384	22	squared	square	VERB
ajfa-4501	384	23	0.684	0.684	NUM
ajfa-4501	384	24	0.695	0.695	NUM
ajfa-4501	384	25	f	f	X
ajfa-4501	384	26	-	-	PUNCT
ajfa-4501	384	27	statistic	statistic	ADJ
ajfa-4501	384	28	51.095	51.095	NUM
ajfa-4501	384	29	53.786	53.786	NUM
ajfa-4501	384	30	prob(f	prob(f	NOUN
ajfa-4501	384	31	-	-	PUNCT
ajfa-4501	384	32	statistic	statistic	NOUN
ajfa-4501	384	33	)	)	PUNCT
ajfa-4501	384	34	0.000	0.000	NUM
ajfa-4501	384	35	0.000	0.000	NUM
ajfa-4501	384	36	n	n	NUM
ajfa-4501	384	37	302	302	NUM
ajfa-4501	384	38	302	302	NUM
ajfa-4501	384	39	lnau	lnau	NOUN
ajfa-4501	384	40	:	:	PUNCT
ajfa-4501	384	41	the	the	DET
ajfa-4501	384	42	natural	natural	ADJ
ajfa-4501	384	43	log	log	NOUN
ajfa-4501	384	44	of	of	ADP
ajfa-4501	384	45	the	the	DET
ajfa-4501	384	46	audit	audit	NOUN
ajfa-4501	384	47	fee	fee	NOUN
ajfa-4501	384	48	.	.	PUNCT
ajfa-4501	385	1	year03	year03	NOUN
ajfa-4501	385	2	:	:	PUNCT
ajfa-4501	386	1	dummy	dummy	ADJ
ajfa-4501	386	2	variable	variable	NOUN
ajfa-4501	386	3	,	,	PUNCT
ajfa-4501	386	4	equals	equal	VERB
ajfa-4501	386	5	to	to	ADP
ajfa-4501	386	6	one	one	NUM
ajfa-4501	386	7	if	if	SCONJ
ajfa-4501	386	8	academic	academic	ADJ
ajfa-4501	386	9	year	year	NOUN
ajfa-4501	386	10	2003	2003	NUM
ajfa-4501	386	11	,	,	PUNCT
ajfa-4501	386	12	and	and	CCONJ
ajfa-4501	386	13	zero	zero	NUM
ajfa-4501	386	14	otherwise	otherwise	ADV
ajfa-4501	386	15	.	.	PUNCT
ajfa-4501	387	1	year02	year02	NOUN
ajfa-4501	387	2	:	:	PUNCT
ajfa-4501	387	3	dummy	dummy	ADJ
ajfa-4501	387	4	variable	variable	NOUN
ajfa-4501	387	5	,	,	PUNCT
ajfa-4501	387	6	equals	equal	VERB
ajfa-4501	387	7	to	to	ADP
ajfa-4501	387	8	one	one	NUM
ajfa-4501	387	9	if	if	SCONJ
ajfa-4501	387	10	academic	academic	ADJ
ajfa-4501	387	11	year	year	NOUN
ajfa-4501	387	12	2002	2002	NUM
ajfa-4501	387	13	,	,	PUNCT
ajfa-4501	387	14	and	and	CCONJ
ajfa-4501	387	15	zero	zero	NUM
ajfa-4501	387	16	otherwise	otherwise	ADV
ajfa-4501	387	17	.	.	PUNCT
ajfa-4501	388	1	big4	big4	NOUN
ajfa-4501	388	2	:	:	PUNCT
ajfa-4501	388	3	dummy	dummy	ADJ
ajfa-4501	388	4	variable	variable	NOUN
ajfa-4501	388	5	,	,	PUNCT
ajfa-4501	388	6	proxy	proxy	NOUN
ajfa-4501	388	7	for	for	ADP
ajfa-4501	388	8	audit	audit	NOUN
ajfa-4501	388	9	quality	quality	NOUN
ajfa-4501	388	10	,	,	PUNCT
ajfa-4501	388	11	equals	equal	VERB
ajfa-4501	388	12	to	to	ADP
ajfa-4501	388	13	one	one	NUM
ajfa-4501	388	14	if	if	SCONJ
ajfa-4501	388	15	audited	audit	VERB
ajfa-4501	388	16	by	by	ADP
ajfa-4501	388	17	big	big	ADJ
ajfa-4501	388	18	4	4	NUM
ajfa-4501	388	19	,	,	PUNCT
ajfa-4501	388	20	and	and	CCONJ
ajfa-4501	388	21	zero	zero	NUM
ajfa-4501	388	22	otherwise	otherwise	ADV
ajfa-4501	388	23	.	.	PUNCT
ajfa-4501	389	1	spe	spe	PROPN
ajfa-4501	389	2	:	:	PUNCT
ajfa-4501	389	3	professional	professional	ADJ
ajfa-4501	389	4	cpa	cpa	NOUN
ajfa-4501	389	5	firms	firm	NOUN
ajfa-4501	389	6	;	;	PUNCT
ajfa-4501	389	7	equals	equal	VERB
ajfa-4501	389	8	to	to	ADP
ajfa-4501	389	9	one	one	NUM
ajfa-4501	389	10	when	when	SCONJ
ajfa-4501	389	11	the	the	DET
ajfa-4501	389	12	ratio	ratio	NOUN
ajfa-4501	389	13	of	of	ADP
ajfa-4501	389	14	audit	audit	NOUN
ajfa-4501	389	15	fees	fee	NOUN
ajfa-4501	389	16	over	over	ADP
ajfa-4501	389	17	total	total	ADJ
ajfa-4501	389	18	audit	audit	NOUN
ajfa-4501	389	19	fees	fee	NOUN
ajfa-4501	389	20	is	be	AUX
ajfa-4501	389	21	greater	great	ADJ
ajfa-4501	389	22	than	than	ADP
ajfa-4501	389	23	10	10	NUM
ajfa-4501	389	24	%	%	NOUN
ajfa-4501	389	25	or	or	CCONJ
ajfa-4501	389	26	15	15	NUM
ajfa-4501	389	27	%	%	NOUN
ajfa-4501	389	28	,	,	PUNCT
ajfa-4501	389	29	and	and	CCONJ
ajfa-4501	389	30	zero	zero	NUM
ajfa-4501	389	31	otherwise	otherwise	ADV
ajfa-4501	389	32	.	.	PUNCT
ajfa-4501	390	1	lnasset	lnasset	NOUN
ajfa-4501	390	2	:	:	PUNCT
ajfa-4501	390	3	natural	natural	ADJ
ajfa-4501	390	4	log	log	NOUN
ajfa-4501	390	5	of	of	ADP
ajfa-4501	390	6	total	total	ADJ
ajfa-4501	390	7	assets	asset	NOUN
ajfa-4501	390	8	of	of	ADP
ajfa-4501	390	9	private	private	ADJ
ajfa-4501	390	10	universities	university	NOUN
ajfa-4501	390	11	and	and	CCONJ
ajfa-4501	390	12	junior	junior	ADJ
ajfa-4501	390	13	colleges	college	NOUN
ajfa-4501	390	14	,	,	PUNCT
ajfa-4501	390	15	proxy	proxy	NOUN
ajfa-4501	390	16	for	for	ADP
ajfa-4501	390	17	size	size	NOUN
ajfa-4501	390	18	.	.	PUNCT
ajfa-4501	391	1	debt	debt	NOUN
ajfa-4501	391	2	:	:	PUNCT
ajfa-4501	391	3	the	the	DET
ajfa-4501	391	4	ratio	ratio	NOUN
ajfa-4501	391	5	of	of	ADP
ajfa-4501	391	6	debt	debt	NOUN
ajfa-4501	391	7	to	to	ADP
ajfa-4501	391	8	total	total	ADJ
ajfa-4501	391	9	assets	asset	NOUN
ajfa-4501	391	10	,	,	PUNCT
ajfa-4501	391	11	proxy	proxy	NOUN
ajfa-4501	391	12	for	for	ADP
ajfa-4501	391	13	risks	risk	NOUN
ajfa-4501	391	14	.	.	PUNCT
ajfa-4501	392	1	int	int	NOUN
ajfa-4501	392	2	/	/	SYM
ajfa-4501	392	3	earn	earn	NOUN
ajfa-4501	392	4	:	:	PUNCT
ajfa-4501	392	5	interest	interest	NOUN
ajfa-4501	392	6	expenses	expense	NOUN
ajfa-4501	392	7	divided	divide	VERB
ajfa-4501	392	8	by	by	ADP
ajfa-4501	392	9	current	current	ADJ
ajfa-4501	392	10	net	net	ADJ
ajfa-4501	392	11	income	income	NOUN
ajfa-4501	392	12	/	/	SYM
ajfa-4501	392	13	loss	loss	NOUN
ajfa-4501	392	14	,	,	PUNCT
ajfa-4501	392	15	proxy	proxy	NOUN
ajfa-4501	392	16	for	for	ADP
ajfa-4501	392	17	risks	risk	NOUN
ajfa-4501	392	18	.	.	PUNCT
ajfa-4501	393	1	board	board	NOUN
ajfa-4501	393	2	:	:	PUNCT
ajfa-4501	393	3	the	the	DET
ajfa-4501	393	4	ratio	ratio	NOUN
ajfa-4501	393	5	of	of	ADP
ajfa-4501	393	6	board	board	NOUN
ajfa-4501	393	7	expenditures	expenditure	NOUN
ajfa-4501	393	8	to	to	ADP
ajfa-4501	393	9	current	current	ADJ
ajfa-4501	393	10	revenues	revenue	NOUN
ajfa-4501	393	11	,	,	PUNCT
ajfa-4501	393	12	proxy	proxy	NOUN
ajfa-4501	393	13	for	for	ADP
ajfa-4501	393	14	risks	risk	NOUN
ajfa-4501	393	15	.	.	PUNCT
ajfa-4501	394	1	donate	donate	VERB
ajfa-4501	394	2	:	:	PUNCT
ajfa-4501	394	3	the	the	DET
ajfa-4501	394	4	ratio	ratio	NOUN
ajfa-4501	394	5	of	of	ADP
ajfa-4501	394	6	personal	personal	ADJ
ajfa-4501	394	7	donation	donation	NOUN
ajfa-4501	394	8	to	to	ADP
ajfa-4501	394	9	current	current	ADJ
ajfa-4501	394	10	revenues	revenue	NOUN
ajfa-4501	394	11	,	,	PUNCT
ajfa-4501	394	12	proxy	proxy	NOUN
ajfa-4501	394	13	for	for	ADP
ajfa-4501	394	14	risks	risk	NOUN
ajfa-4501	394	15	.	.	PUNCT
ajfa-4501	395	1	earn	earn	VERB
ajfa-4501	395	2	:	:	PUNCT
ajfa-4501	395	3	the	the	DET
ajfa-4501	395	4	ratio	ratio	NOUN
ajfa-4501	395	5	of	of	ADP
ajfa-4501	395	6	current	current	ADJ
ajfa-4501	395	7	earnings	earning	NOUN
ajfa-4501	395	8	to	to	ADP
ajfa-4501	395	9	current	current	ADJ
ajfa-4501	395	10	revenues	revenue	NOUN
ajfa-4501	395	11	,	,	PUNCT
ajfa-4501	395	12	proxy	proxy	NOUN
ajfa-4501	395	13	for	for	ADP
ajfa-4501	395	14	risks	risk	NOUN
ajfa-4501	395	15	.	.	PUNCT
ajfa-4501	396	1	subsidy	subsidy	NOUN
ajfa-4501	396	2	:	:	PUNCT
ajfa-4501	396	3	the	the	DET
ajfa-4501	396	4	ratio	ratio	NOUN
ajfa-4501	396	5	of	of	ADP
ajfa-4501	396	6	subsidy	subsidy	NOUN
ajfa-4501	396	7	to	to	ADP
ajfa-4501	396	8	current	current	ADJ
ajfa-4501	396	9	revenues	revenue	NOUN
ajfa-4501	396	10	,	,	PUNCT
ajfa-4501	396	11	proxy	proxy	NOUN
ajfa-4501	396	12	for	for	ADP
ajfa-4501	396	13	risks	risk	NOUN
ajfa-4501	396	14	.	.	PUNCT
ajfa-4501	397	1	univ	univ	ADJ
ajfa-4501	397	2	:	:	PUNCT
ajfa-4501	397	3	equals	equal	VERB
ajfa-4501	397	4	to	to	ADP
ajfa-4501	397	5	one	one	NUM
ajfa-4501	397	6	if	if	SCONJ
ajfa-4501	397	7	university	university	NOUN
ajfa-4501	397	8	,	,	PUNCT
ajfa-4501	397	9	and	and	CCONJ
ajfa-4501	397	10	zero	zero	NUM
ajfa-4501	397	11	otherwise	otherwise	ADV
ajfa-4501	397	12	;	;	PUNCT
ajfa-4501	397	13	proxy	proxy	NOUN
ajfa-4501	397	14	for	for	ADP
ajfa-4501	397	15	complexity	complexity	NOUN
ajfa-4501	397	16	.	.	PUNCT
ajfa-4501	398	1	opp	opp	PROPN
ajfa-4501	398	2	/	/	SYM
ajfa-4501	398	3	ta	ta	PROPN
ajfa-4501	398	4	:	:	PUNCT
ajfa-4501	398	5	the	the	DET
ajfa-4501	398	6	ratio	ratio	NOUN
ajfa-4501	398	7	of	of	ADP
ajfa-4501	398	8	operating	operate	VERB
ajfa-4501	398	9	funds	fund	NOUN
ajfa-4501	398	10	to	to	ADP
ajfa-4501	398	11	total	total	ADJ
ajfa-4501	398	12	assets	asset	NOUN
ajfa-4501	398	13	,	,	PUNCT
ajfa-4501	398	14	proxy	proxy	NOUN
ajfa-4501	398	15	for	for	ADP
ajfa-4501	398	16	complexity	complexity	NOUN
ajfa-4501	398	17	.	.	PUNCT
ajfa-4501	399	1	asian	asian	ADJ
ajfa-4501	399	2	journal	journal	PROPN
ajfa-4501	399	3	of	of	ADP
ajfa-4501	399	4	finance	finance	PROPN
ajfa-4501	399	5	&	&	CCONJ
ajfa-4501	399	6	accounting	accounting	PROPN
ajfa-4501	399	7	issn	issn	PROPN
ajfa-4501	399	8	1946	1946	NUM
ajfa-4501	399	9	-	-	PUNCT
ajfa-4501	399	10	052x	052x	NOUN
ajfa-4501	399	11	2013	2013	NUM
ajfa-4501	399	12	,	,	PUNCT
ajfa-4501	399	13	vol	vol	NOUN
ajfa-4501	399	14	.	.	PROPN
ajfa-4501	399	15	5	5	NUM
ajfa-4501	399	16	,	,	PUNCT
ajfa-4501	399	17	no	no	INTJ
ajfa-4501	399	18	.	.	NOUN
ajfa-4501	399	19	2	2	NUM
ajfa-4501	399	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-4501	399	21	325	325	NUM
ajfa-4501	399	22	5	5	NUM
ajfa-4501	399	23	.	.	PUNCT
ajfa-4501	399	24	conclusions	conclusion	NOUN
ajfa-4501	399	25	the	the	DET
ajfa-4501	399	26	main	main	ADJ
ajfa-4501	399	27	obstacle	obstacle	NOUN
ajfa-4501	399	28	of	of	ADP
ajfa-4501	399	29	audit	audit	NOUN
ajfa-4501	399	30	fee	fee	NOUN
ajfa-4501	399	31	research	research	NOUN
ajfa-4501	399	32	lies	lie	VERB
ajfa-4501	399	33	in	in	ADP
ajfa-4501	399	34	fees	fee	NOUN
ajfa-4501	399	35	collection	collection	NOUN
ajfa-4501	399	36	.	.	PUNCT
ajfa-4501	400	1	previous	previous	ADJ
ajfa-4501	400	2	audit	audit	NOUN
ajfa-4501	400	3	fees	fee	NOUN
ajfa-4501	400	4	were	be	AUX
ajfa-4501	400	5	usually	usually	ADV
ajfa-4501	400	6	collected	collect	VERB
ajfa-4501	400	7	by	by	ADP
ajfa-4501	400	8	questionnaire	questionnaire	NOUN
ajfa-4501	400	9	survey	survey	NOUN
ajfa-4501	400	10	method	method	NOUN
ajfa-4501	400	11	.	.	PUNCT
ajfa-4501	401	1	this	this	DET
ajfa-4501	401	2	study	study	NOUN
ajfa-4501	401	3	however	however	ADV
ajfa-4501	401	4	collects	collect	VERB
ajfa-4501	401	5	audit	audit	NOUN
ajfa-4501	401	6	fee	fee	NOUN
ajfa-4501	401	7	data	datum	NOUN
ajfa-4501	401	8	from	from	ADP
ajfa-4501	401	9	audited	audit	VERB
ajfa-4501	401	10	financial	financial	ADJ
ajfa-4501	401	11	statements	statement	NOUN
ajfa-4501	401	12	of	of	ADP
ajfa-4501	401	13	private	private	ADJ
ajfa-4501	401	14	colleges	college	NOUN
ajfa-4501	401	15	and	and	CCONJ
ajfa-4501	401	16	universities	university	NOUN
ajfa-4501	401	17	for	for	ADP
ajfa-4501	401	18	the	the	DET
ajfa-4501	401	19	2001	2001	NUM
ajfa-4501	401	20	-	-	SYM
ajfa-4501	401	21	2003	2003	NUM
ajfa-4501	401	22	academic	academic	ADJ
ajfa-4501	401	23	years	year	NOUN
ajfa-4501	401	24	.	.	PUNCT
ajfa-4501	402	1	this	this	DET
ajfa-4501	402	2	study	study	NOUN
ajfa-4501	402	3	examines	examine	VERB
ajfa-4501	402	4	not	not	PART
ajfa-4501	402	5	only	only	ADV
ajfa-4501	402	6	types	type	NOUN
ajfa-4501	402	7	of	of	ADP
ajfa-4501	402	8	tendering	tendering	NOUN
ajfa-4501	402	9	procedures	procedure	NOUN
ajfa-4501	402	10	,	,	PUNCT
ajfa-4501	402	11	but	but	CCONJ
ajfa-4501	402	12	also	also	ADV
ajfa-4501	402	13	audit	audit	VERB
ajfa-4501	402	14	revenue	revenue	NOUN
ajfa-4501	402	15	premiums	premium	NOUN
ajfa-4501	402	16	for	for	ADP
ajfa-4501	402	17	private	private	ADJ
ajfa-4501	402	18	universities	university	NOUN
ajfa-4501	402	19	and	and	CCONJ
ajfa-4501	402	20	colleges	college	NOUN
ajfa-4501	402	21	in	in	ADP
ajfa-4501	402	22	taiwan	taiwan	PROPN
ajfa-4501	402	23	according	accord	VERB
ajfa-4501	402	24	to	to	ADP
ajfa-4501	402	25	both	both	DET
ajfa-4501	402	26	brand	brand	NOUN
ajfa-4501	402	27	name	name	NOUN
ajfa-4501	402	28	reputation	reputation	NOUN
ajfa-4501	402	29	and	and	CCONJ
ajfa-4501	402	30	industry	industry	NOUN
ajfa-4501	402	31	specialist	specialist	NOUN
ajfa-4501	402	32	perspectives	perspective	NOUN
ajfa-4501	402	33	.	.	PUNCT
ajfa-4501	403	1	the	the	DET
ajfa-4501	403	2	evidence	evidence	NOUN
ajfa-4501	403	3	gives	give	VERB
ajfa-4501	403	4	support	support	NOUN
ajfa-4501	403	5	for	for	ADP
ajfa-4501	403	6	our	our	PRON
ajfa-4501	403	7	first	first	ADJ
ajfa-4501	403	8	hypothesis	hypothesis	NOUN
ajfa-4501	403	9	(	(	PUNCT
ajfa-4501	403	10	h1	h1	PROPN
ajfa-4501	403	11	)	)	PUNCT
ajfa-4501	403	12	that	that	PRON
ajfa-4501	403	13	audit	audit	NOUN
ajfa-4501	403	14	fees	fee	NOUN
ajfa-4501	403	15	under	under	ADP
ajfa-4501	403	16	limited	limited	ADJ
ajfa-4501	403	17	tendering	tendering	NOUN
ajfa-4501	403	18	procedures	procedure	NOUN
ajfa-4501	403	19	will	will	AUX
ajfa-4501	403	20	be	be	AUX
ajfa-4501	403	21	higher	high	ADJ
ajfa-4501	403	22	than	than	ADP
ajfa-4501	403	23	those	those	PRON
ajfa-4501	403	24	under	under	ADP
ajfa-4501	403	25	open	open	ADJ
ajfa-4501	403	26	tendering	tendering	NOUN
ajfa-4501	403	27	procedures	procedure	NOUN
ajfa-4501	403	28	.	.	PUNCT
ajfa-4501	404	1	by	by	ADP
ajfa-4501	404	2	excluding	exclude	VERB
ajfa-4501	404	3	industry	industry	NOUN
ajfa-4501	404	4	specialist	specialist	NOUN
ajfa-4501	404	5	big	big	ADJ
ajfa-4501	404	6	4	4	NUM
ajfa-4501	404	7	,	,	PUNCT
ajfa-4501	404	8	findings	finding	NOUN
ajfa-4501	404	9	show	show	VERB
ajfa-4501	404	10	a	a	DET
ajfa-4501	404	11	comparable	comparable	ADJ
ajfa-4501	404	12	result	result	NOUN
ajfa-4501	404	13	consistent	consistent	ADJ
ajfa-4501	404	14	with	with	ADP
ajfa-4501	404	15	our	our	PRON
ajfa-4501	404	16	second	second	ADJ
ajfa-4501	404	17	hypothesis	hypothesis	NOUN
ajfa-4501	404	18	(	(	PUNCT
ajfa-4501	404	19	h2	h2	NOUN
ajfa-4501	404	20	)	)	PUNCT
ajfa-4501	404	21	.	.	PUNCT
ajfa-4501	405	1	the	the	DET
ajfa-4501	405	2	result	result	NOUN
ajfa-4501	405	3	shows	show	VERB
ajfa-4501	405	4	that	that	SCONJ
ajfa-4501	405	5	the	the	DET
ajfa-4501	405	6	auditor	auditor	NOUN
ajfa-4501	405	7	brand	brand	NOUN
ajfa-4501	405	8	name	name	NOUN
ajfa-4501	405	9	reputation	reputation	NOUN
ajfa-4501	405	10	premium	premium	NOUN
ajfa-4501	405	11	exists	exist	VERB
ajfa-4501	405	12	between	between	ADP
ajfa-4501	405	13	non	non	ADJ
ajfa-4501	405	14	-	-	ADJ
ajfa-4501	405	15	specialist	specialist	ADJ
ajfa-4501	405	16	big	big	ADJ
ajfa-4501	405	17	4	4	NUM
ajfa-4501	405	18	and	and	CCONJ
ajfa-4501	405	19	non	non	ADJ
ajfa-4501	405	20	-	-	ADJ
ajfa-4501	405	21	big	big	ADJ
ajfa-4501	405	22	4	4	NUM
ajfa-4501	405	23	while	while	SCONJ
ajfa-4501	405	24	non	non	ADJ
ajfa-4501	405	25	-	-	ADJ
ajfa-4501	405	26	specialist	specialist	ADJ
ajfa-4501	405	27	big	big	ADJ
ajfa-4501	405	28	4	4	NUM
ajfa-4501	405	29	defined	define	VERB
ajfa-4501	405	30	as	as	ADP
ajfa-4501	405	31	an	an	DET
ajfa-4501	405	32	audit	audit	NOUN
ajfa-4501	405	33	firm	firm	NOUN
ajfa-4501	405	34	,	,	PUNCT
ajfa-4501	405	35	has	have	VERB
ajfa-4501	405	36	industry	industry	NOUN
ajfa-4501	405	37	audit	audit	NOUN
ajfa-4501	405	38	fees	fee	NOUN
ajfa-4501	405	39	less	less	ADJ
ajfa-4501	405	40	than	than	ADP
ajfa-4501	405	41	15	15	NUM
ajfa-4501	405	42	percent	percent	NOUN
ajfa-4501	405	43	.	.	PUNCT
ajfa-4501	406	1	as	as	SCONJ
ajfa-4501	406	2	auditing	auditing	NOUN
ajfa-4501	406	3	is	be	AUX
ajfa-4501	406	4	a	a	DET
ajfa-4501	406	5	high	high	ADJ
ajfa-4501	406	6	specialization	specialization	NOUN
ajfa-4501	406	7	industry	industry	NOUN
ajfa-4501	406	8	,	,	PUNCT
ajfa-4501	406	9	an	an	DET
ajfa-4501	406	10	increase	increase	NOUN
ajfa-4501	406	11	in	in	ADP
ajfa-4501	406	12	audit	audit	NOUN
ajfa-4501	406	13	fees	fee	NOUN
ajfa-4501	406	14	charged	charge	VERB
ajfa-4501	406	15	by	by	ADP
ajfa-4501	406	16	non	non	ADJ
ajfa-4501	406	17	-	-	ADJ
ajfa-4501	406	18	specialist	specialist	ADJ
ajfa-4501	406	19	big	big	ADJ
ajfa-4501	406	20	4	4	NUM
ajfa-4501	406	21	is	be	AUX
ajfa-4501	406	22	expected	expect	VERB
ajfa-4501	406	23	to	to	PART
ajfa-4501	406	24	be	be	AUX
ajfa-4501	406	25	naturally	naturally	ADV
ajfa-4501	406	26	greater	great	ADJ
ajfa-4501	406	27	than	than	ADP
ajfa-4501	406	28	those	those	PRON
ajfa-4501	406	29	of	of	ADP
ajfa-4501	406	30	non	non	ADJ
ajfa-4501	406	31	-	-	ADJ
ajfa-4501	406	32	big	big	ADJ
ajfa-4501	406	33	4	4	NUM
ajfa-4501	406	34	.	.	PUNCT
ajfa-4501	407	1	the	the	DET
ajfa-4501	407	2	coefficient	coefficient	NOUN
ajfa-4501	407	3	estimated	estimate	VERB
ajfa-4501	407	4	on	on	ADP
ajfa-4501	407	5	spe	spe	PROPN
ajfa-4501	407	6	is	be	AUX
ajfa-4501	407	7	also	also	ADV
ajfa-4501	407	8	significant	significant	ADJ
ajfa-4501	407	9	at	at	ADP
ajfa-4501	407	10	the	the	DET
ajfa-4501	407	11	0.05	0.05	NUM
ajfa-4501	407	12	level	level	NOUN
ajfa-4501	407	13	,	,	PUNCT
ajfa-4501	407	14	revealing	reveal	VERB
ajfa-4501	407	15	that	that	SCONJ
ajfa-4501	407	16	specialist	specialist	NOUN
ajfa-4501	407	17	big	big	ADJ
ajfa-4501	407	18	4	4	NUM
ajfa-4501	407	19	has	have	VERB
ajfa-4501	407	20	higher	high	ADJ
ajfa-4501	407	21	audit	audit	NOUN
ajfa-4501	407	22	fees	fee	NOUN
ajfa-4501	407	23	than	than	ADP
ajfa-4501	407	24	those	those	PRON
ajfa-4501	407	25	of	of	ADP
ajfa-4501	407	26	non	non	ADJ
ajfa-4501	407	27	-	-	ADJ
ajfa-4501	407	28	big	big	ADJ
ajfa-4501	407	29	4	4	NUM
ajfa-4501	407	30	.	.	PUNCT
ajfa-4501	407	31	to	to	PART
ajfa-4501	407	32	assess	assess	VERB
ajfa-4501	407	33	robustness	robustness	NOUN
ajfa-4501	407	34	of	of	ADP
ajfa-4501	407	35	the	the	DET
ajfa-4501	407	36	results	result	NOUN
ajfa-4501	407	37	,	,	PUNCT
ajfa-4501	407	38	we	we	PRON
ajfa-4501	407	39	reran	rerun	VERB
ajfa-4501	407	40	the	the	DET
ajfa-4501	407	41	regression	regression	NOUN
ajfa-4501	407	42	model	model	NOUN
ajfa-4501	407	43	with	with	ADP
ajfa-4501	407	44	the	the	DET
ajfa-4501	407	45	full	full	ADJ
ajfa-4501	407	46	sample	sample	NOUN
ajfa-4501	407	47	and	and	CCONJ
ajfa-4501	407	48	the	the	DET
ajfa-4501	407	49	results	result	NOUN
ajfa-4501	407	50	remain	remain	VERB
ajfa-4501	407	51	consistent	consistent	ADJ
ajfa-4501	407	52	with	with	ADP
ajfa-4501	407	53	those	those	PRON
ajfa-4501	407	54	derived	derive	VERB
ajfa-4501	407	55	from	from	ADP
ajfa-4501	407	56	subsamples	subsample	NOUN
ajfa-4501	407	57	.	.	PUNCT
ajfa-4501	408	1	in	in	ADP
ajfa-4501	408	2	sum	sum	NOUN
ajfa-4501	408	3	,	,	PUNCT
ajfa-4501	408	4	we	we	PRON
ajfa-4501	408	5	conclude	conclude	VERB
ajfa-4501	408	6	that	that	SCONJ
ajfa-4501	408	7	differences	difference	NOUN
ajfa-4501	408	8	in	in	ADP
ajfa-4501	408	9	audit	audit	NOUN
ajfa-4501	408	10	fee	fee	NOUN
ajfa-4501	408	11	charges	charge	NOUN
ajfa-4501	408	12	may	may	AUX
ajfa-4501	408	13	attribute	attribute	VERB
ajfa-4501	408	14	to	to	ADP
ajfa-4501	408	15	revenue	revenue	NOUN
ajfa-4501	408	16	premiums	premium	NOUN
ajfa-4501	408	17	for	for	ADP
ajfa-4501	408	18	specialist	specialist	NOUN
ajfa-4501	408	19	big	big	ADJ
ajfa-4501	408	20	4	4	NUM
ajfa-4501	408	21	that	that	PRON
ajfa-4501	408	22	supports	support	VERB
ajfa-4501	408	23	our	our	PRON
ajfa-4501	408	24	third	third	ADJ
ajfa-4501	408	25	hypothesis	hypothesis	NOUN
ajfa-4501	408	26	(	(	PUNCT
ajfa-4501	408	27	h3	h3	NOUN
ajfa-4501	408	28	)	)	PUNCT
ajfa-4501	408	29	,	,	PUNCT
ajfa-4501	408	30	providing	provide	VERB
ajfa-4501	408	31	additional	additional	ADJ
ajfa-4501	408	32	evidence	evidence	NOUN
ajfa-4501	408	33	to	to	PART
ajfa-4501	408	34	sustain	sustain	VERB
ajfa-4501	408	35	auditor	auditor	NOUN
ajfa-4501	408	36	brand	brand	NOUN
ajfa-4501	408	37	name	name	NOUN
ajfa-4501	408	38	reputation	reputation	NOUN
ajfa-4501	408	39	premium	premium	NOUN
ajfa-4501	408	40	and	and	CCONJ
ajfa-4501	408	41	industry	industry	NOUN
ajfa-4501	409	1	specialist	specialist	NOUN
ajfa-4501	409	2	effects	effect	NOUN
ajfa-4501	409	3	.	.	PUNCT
ajfa-4501	410	1	the	the	DET
ajfa-4501	410	2	findings	finding	NOUN
ajfa-4501	410	3	extend	extend	VERB
ajfa-4501	410	4	the	the	DET
ajfa-4501	410	5	literature	literature	NOUN
ajfa-4501	410	6	.	.	PUNCT
ajfa-4501	411	1	this	this	DET
ajfa-4501	411	2	study	study	NOUN
ajfa-4501	411	3	contributes	contribute	VERB
ajfa-4501	411	4	some	some	DET
ajfa-4501	411	5	findings	finding	NOUN
ajfa-4501	411	6	and	and	CCONJ
ajfa-4501	411	7	significance	significance	NOUN
ajfa-4501	411	8	.	.	PUNCT
ajfa-4501	412	1	firstly	firstly	ADV
ajfa-4501	412	2	,	,	PUNCT
ajfa-4501	412	3	the	the	DET
ajfa-4501	412	4	most	most	ADV
ajfa-4501	412	5	important	important	ADJ
ajfa-4501	412	6	significance	significance	NOUN
ajfa-4501	412	7	in	in	ADP
ajfa-4501	412	8	the	the	DET
ajfa-4501	412	9	study	study	NOUN
ajfa-4501	412	10	,	,	PUNCT
ajfa-4501	412	11	different	different	ADJ
ajfa-4501	412	12	from	from	ADP
ajfa-4501	412	13	prior	prior	ADJ
ajfa-4501	412	14	researches	research	NOUN
ajfa-4501	412	15	in	in	ADP
ajfa-4501	412	16	which	which	PRON
ajfa-4501	412	17	audit	audit	NOUN
ajfa-4501	412	18	fees	fee	NOUN
ajfa-4501	412	19	are	be	AUX
ajfa-4501	412	20	paid	pay	VERB
ajfa-4501	412	21	by	by	ADP
ajfa-4501	412	22	the	the	DET
ajfa-4501	412	23	client	client	NOUN
ajfa-4501	412	24	,	,	PUNCT
ajfa-4501	412	25	we	we	PRON
ajfa-4501	412	26	collect	collect	VERB
ajfa-4501	412	27	the	the	DET
ajfa-4501	412	28	unique	unique	ADJ
ajfa-4501	412	29	data	datum	NOUN
ajfa-4501	412	30	that	that	PRON
ajfa-4501	412	31	audit	audit	NOUN
ajfa-4501	412	32	fees	fee	NOUN
ajfa-4501	412	33	are	be	AUX
ajfa-4501	412	34	paid	pay	VERB
ajfa-4501	412	35	by	by	ADP
ajfa-4501	412	36	the	the	DET
ajfa-4501	412	37	moe	moe	NOUN
ajfa-4501	412	38	.	.	PUNCT
ajfa-4501	413	1	we	we	PRON
ajfa-4501	413	2	can	can	AUX
ajfa-4501	413	3	examine	examine	VERB
ajfa-4501	413	4	whether	whether	SCONJ
ajfa-4501	413	5	the	the	DET
ajfa-4501	413	6	effects	effect	NOUN
ajfa-4501	413	7	of	of	ADP
ajfa-4501	413	8	dependent	dependent	ADJ
ajfa-4501	413	9	variables	variable	NOUN
ajfa-4501	413	10	on	on	ADP
ajfa-4501	413	11	audit	audit	NOUN
ajfa-4501	413	12	fees	fee	NOUN
ajfa-4501	413	13	are	be	AUX
ajfa-4501	413	14	different	different	ADJ
ajfa-4501	413	15	from	from	ADP
ajfa-4501	413	16	prior	prior	ADJ
ajfa-4501	413	17	studies	study	NOUN
ajfa-4501	413	18	.	.	PUNCT
ajfa-4501	414	1	secondly	secondly	ADV
ajfa-4501	414	2	,	,	PUNCT
ajfa-4501	414	3	prior	prior	ADJ
ajfa-4501	414	4	studies	study	NOUN
ajfa-4501	414	5	give	give	VERB
ajfa-4501	414	6	evidence	evidence	NOUN
ajfa-4501	414	7	to	to	PART
ajfa-4501	414	8	support	support	VERB
ajfa-4501	414	9	the	the	DET
ajfa-4501	414	10	agency	agency	NOUN
ajfa-4501	414	11	theory	theory	NOUN
ajfa-4501	414	12	,	,	PUNCT
ajfa-4501	414	13	while	while	SCONJ
ajfa-4501	414	14	we	we	PRON
ajfa-4501	414	15	did	do	AUX
ajfa-4501	414	16	n’t	not	PART
ajfa-4501	414	17	find	find	VERB
ajfa-4501	414	18	any	any	DET
ajfa-4501	414	19	research	research	NOUN
ajfa-4501	414	20	focused	focus	VERB
ajfa-4501	414	21	on	on	ADP
ajfa-4501	414	22	real	real	ADJ
ajfa-4501	414	23	audit	audit	NOUN
ajfa-4501	414	24	fees	fee	NOUN
ajfa-4501	414	25	of	of	ADP
ajfa-4501	414	26	npos	npos	NOUN
ajfa-4501	414	27	applied	apply	VERB
ajfa-4501	414	28	the	the	DET
ajfa-4501	414	29	agency	agency	NOUN
ajfa-4501	414	30	theory	theory	NOUN
ajfa-4501	414	31	in	in	ADP
ajfa-4501	414	32	taiwan	taiwan	PROPN
ajfa-4501	414	33	.	.	PUNCT
ajfa-4501	415	1	applying	apply	VERB
ajfa-4501	415	2	real	real	ADJ
ajfa-4501	415	3	audit	audit	NOUN
ajfa-4501	415	4	fees	fee	NOUN
ajfa-4501	415	5	,	,	PUNCT
ajfa-4501	415	6	our	our	PRON
ajfa-4501	415	7	results	result	NOUN
ajfa-4501	415	8	show	show	VERB
ajfa-4501	415	9	that	that	SCONJ
ajfa-4501	415	10	the	the	DET
ajfa-4501	415	11	agency	agency	NOUN
ajfa-4501	415	12	theory	theory	NOUN
ajfa-4501	415	13	is	be	AUX
ajfa-4501	415	14	tenable	tenable	ADJ
ajfa-4501	415	15	for	for	ADP
ajfa-4501	415	16	npos	npos	NOUN
ajfa-4501	415	17	,	,	PUNCT
ajfa-4501	415	18	especially	especially	ADV
ajfa-4501	415	19	the	the	DET
ajfa-4501	415	20	private	private	ADJ
ajfa-4501	415	21	universities	university	NOUN
ajfa-4501	415	22	and	and	CCONJ
ajfa-4501	415	23	colleges	college	NOUN
ajfa-4501	415	24	.	.	PUNCT
ajfa-4501	416	1	thirdly	thirdly	ADV
ajfa-4501	416	2	,	,	PUNCT
ajfa-4501	416	3	we	we	PRON
ajfa-4501	416	4	propose	propose	VERB
ajfa-4501	416	5	some	some	DET
ajfa-4501	416	6	determinants	determinant	NOUN
ajfa-4501	416	7	of	of	ADP
ajfa-4501	416	8	audit	audit	NOUN
ajfa-4501	416	9	fees	fee	NOUN
ajfa-4501	416	10	about	about	ADP
ajfa-4501	416	11	the	the	DET
ajfa-4501	416	12	private	private	ADJ
ajfa-4501	416	13	universities	university	NOUN
ajfa-4501	416	14	and	and	CCONJ
ajfa-4501	416	15	colleges	college	NOUN
ajfa-4501	416	16	.	.	PUNCT
ajfa-4501	417	1	finally	finally	ADV
ajfa-4501	417	2	,	,	PUNCT
ajfa-4501	417	3	revenue	revenue	NOUN
ajfa-4501	417	4	premiums	premium	NOUN
ajfa-4501	417	5	exist	exist	VERB
ajfa-4501	417	6	not	not	PART
ajfa-4501	417	7	only	only	ADV
ajfa-4501	417	8	in	in	ADP
ajfa-4501	417	9	profit	profit	NOUN
ajfa-4501	417	10	organizations	organization	NOUN
ajfa-4501	417	11	but	but	CCONJ
ajfa-4501	417	12	also	also	ADV
ajfa-4501	417	13	in	in	ADP
ajfa-4501	417	14	npos	npos	NOUN
ajfa-4501	417	15	.	.	PUNCT
ajfa-4501	418	1	our	our	PRON
ajfa-4501	418	2	study	study	NOUN
ajfa-4501	418	3	has	have	VERB
ajfa-4501	418	4	several	several	ADJ
ajfa-4501	418	5	limitations	limitation	NOUN
ajfa-4501	418	6	.	.	PUNCT
ajfa-4501	419	1	nine	nine	NUM
ajfa-4501	419	2	,	,	PUNCT
ajfa-4501	419	3	ten	ten	NUM
ajfa-4501	419	4	,	,	PUNCT
ajfa-4501	419	5	and	and	CCONJ
ajfa-4501	419	6	fourteen	fourteen	NUM
ajfa-4501	419	7	schools	school	NOUN
ajfa-4501	419	8	between	between	ADP
ajfa-4501	419	9	the	the	DET
ajfa-4501	419	10	academic	academic	ADJ
ajfa-4501	419	11	year	year	NOUN
ajfa-4501	419	12	1998	1998	NUM
ajfa-4501	419	13	and	and	CCONJ
ajfa-4501	419	14	2000	2000	NUM
ajfa-4501	419	15	were	be	AUX
ajfa-4501	419	16	audited	audit	VERB
ajfa-4501	419	17	by	by	ADP
ajfa-4501	419	18	appointed	appoint	VERB
ajfa-4501	419	19	cpas	cpa	NOUN
ajfa-4501	419	20	,	,	PUNCT
ajfa-4501	419	21	accounting	account	VERB
ajfa-4501	419	22	for	for	ADP
ajfa-4501	419	23	10	10	NUM
ajfa-4501	419	24	%	%	NOUN
ajfa-4501	419	25	of	of	ADP
ajfa-4501	419	26	the	the	DET
ajfa-4501	419	27	whole	whole	NOUN
ajfa-4501	419	28	.	.	PUNCT
ajfa-4501	420	1	due	due	ADP
ajfa-4501	420	2	to	to	ADP
ajfa-4501	420	3	limited	limited	ADJ
ajfa-4501	420	4	research	research	NOUN
ajfa-4501	420	5	data	datum	NOUN
ajfa-4501	420	6	,	,	PUNCT
ajfa-4501	420	7	we	we	PRON
ajfa-4501	420	8	were	be	AUX
ajfa-4501	420	9	unable	unable	ADJ
ajfa-4501	420	10	to	to	PART
ajfa-4501	420	11	compare	compare	VERB
ajfa-4501	420	12	audit	audit	NOUN
ajfa-4501	420	13	fee	fee	NOUN
ajfa-4501	420	14	differences	difference	NOUN
ajfa-4501	420	15	between	between	ADP
ajfa-4501	420	16	academic	academic	ADJ
ajfa-4501	420	17	years	year	NOUN
ajfa-4501	420	18	1998	1998	NUM
ajfa-4501	420	19	-	-	SYM
ajfa-4501	420	20	2000	2000	NUM
ajfa-4501	420	21	and	and	CCONJ
ajfa-4501	420	22	2001	2001	NUM
ajfa-4501	420	23	-	-	SYM
ajfa-4501	420	24	2003	2003	NUM
ajfa-4501	420	25	.	.	PUNCT
ajfa-4501	421	1	furthermore	furthermore	ADV
ajfa-4501	421	2	,	,	PUNCT
ajfa-4501	421	3	we	we	PRON
ajfa-4501	421	4	were	be	AUX
ajfa-4501	421	5	unable	unable	ADJ
ajfa-4501	421	6	to	to	PART
ajfa-4501	421	7	collect	collect	VERB
ajfa-4501	421	8	audit	audit	NOUN
ajfa-4501	421	9	fees	fee	NOUN
ajfa-4501	421	10	from	from	ADP
ajfa-4501	421	11	academic	academic	ADJ
ajfa-4501	421	12	year	year	NOUN
ajfa-4501	421	13	2004	2004	NUM
ajfa-4501	421	14	and	and	CCONJ
ajfa-4501	421	15	onward	onward	NOUN
ajfa-4501	421	16	.	.	PUNCT
ajfa-4501	422	1	thus	thus	ADV
ajfa-4501	422	2	,	,	PUNCT
ajfa-4501	422	3	this	this	DET
ajfa-4501	422	4	study	study	NOUN
ajfa-4501	422	5	can	can	AUX
ajfa-4501	422	6	not	not	PART
ajfa-4501	422	7	explore	explore	VERB
ajfa-4501	422	8	the	the	DET
ajfa-4501	422	9	effects	effect	NOUN
ajfa-4501	422	10	of	of	ADP
ajfa-4501	422	11	different	different	ADJ
ajfa-4501	422	12	auditor	auditor	NOUN
ajfa-4501	422	13	selectors	selector	NOUN
ajfa-4501	422	14	,	,	PUNCT
ajfa-4501	422	15	the	the	DET
ajfa-4501	422	16	moe	moe	NOUN
ajfa-4501	422	17	or	or	CCONJ
ajfa-4501	422	18	private	private	ADJ
ajfa-4501	422	19	universities	university	NOUN
ajfa-4501	422	20	or	or	CCONJ
ajfa-4501	422	21	colleges	college	NOUN
ajfa-4501	422	22	,	,	PUNCT
ajfa-4501	422	23	on	on	ADP
ajfa-4501	422	24	audit	audit	NOUN
ajfa-4501	422	25	fees	fee	NOUN
ajfa-4501	422	26	.	.	PUNCT
ajfa-4501	423	1	notes	note	VERB
ajfa-4501	423	2	1	1	NUM
ajfa-4501	423	3	.	.	PUNCT
ajfa-4501	424	1	the	the	DET
ajfa-4501	424	2	three	three	NUM
ajfa-4501	424	3	biggest	big	ADJ
ajfa-4501	424	4	organizations	organization	NOUN
ajfa-4501	424	5	are	be	AUX
ajfa-4501	424	6	profit	profit	NOUN
ajfa-4501	424	7	organizations	organization	NOUN
ajfa-4501	424	8	,	,	PUNCT
ajfa-4501	424	9	non	non	ADJ
ajfa-4501	424	10	-	-	ADJ
ajfa-4501	424	11	profit	profit	ADJ
ajfa-4501	424	12	organizations	organization	NOUN
ajfa-4501	424	13	and	and	CCONJ
ajfa-4501	424	14	government	government	NOUN
ajfa-4501	424	15	organizations	organization	NOUN
ajfa-4501	424	16	.	.	PUNCT
ajfa-4501	425	1	asian	asian	ADJ
ajfa-4501	425	2	journal	journal	PROPN
ajfa-4501	425	3	of	of	ADP
ajfa-4501	425	4	finance	finance	PROPN
ajfa-4501	425	5	&	&	CCONJ
ajfa-4501	425	6	accounting	accounting	PROPN
ajfa-4501	425	7	issn	issn	PROPN
ajfa-4501	425	8	1946	1946	NUM
ajfa-4501	425	9	-	-	PUNCT
ajfa-4501	425	10	052x	052x	NOUN
ajfa-4501	425	11	2013	2013	NUM
ajfa-4501	425	12	,	,	PUNCT
ajfa-4501	425	13	vol	vol	NOUN
ajfa-4501	425	14	.	.	PROPN
ajfa-4501	425	15	5	5	NUM
ajfa-4501	425	16	,	,	PUNCT
ajfa-4501	425	17	no	no	INTJ
ajfa-4501	425	18	.	.	NOUN
ajfa-4501	425	19	2	2	NUM
ajfa-4501	425	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-4501	425	21	326	326	NUM
ajfa-4501	425	22	2	2	NUM
ajfa-4501	425	23	.	.	PUNCT
ajfa-4501	426	1	universities	university	NOUN
ajfa-4501	426	2	and	and	CCONJ
ajfa-4501	426	3	colleges	college	NOUN
ajfa-4501	426	4	include	include	VERB
ajfa-4501	426	5	universities	university	NOUN
ajfa-4501	426	6	,	,	PUNCT
ajfa-4501	426	7	colleges	college	NOUN
ajfa-4501	426	8	,	,	PUNCT
ajfa-4501	426	9	and	and	CCONJ
ajfa-4501	426	10	institutes	institute	NOUN
ajfa-4501	426	11	of	of	ADP
ajfa-4501	426	12	technology	technology	NOUN
ajfa-4501	426	13	in	in	ADP
ajfa-4501	426	14	this	this	DET
ajfa-4501	426	15	study	study	NOUN
ajfa-4501	426	16	,	,	PUNCT
ajfa-4501	426	17	unless	unless	SCONJ
ajfa-4501	426	18	otherwise	otherwise	ADV
ajfa-4501	426	19	stated	state	VERB
ajfa-4501	426	20	.	.	PUNCT
ajfa-4501	427	1	3	3	X
ajfa-4501	427	2	.	.	X
ajfa-4501	427	3	academic	academic	ADJ
ajfa-4501	427	4	years	year	NOUN
ajfa-4501	427	5	of	of	ADP
ajfa-4501	427	6	schools	school	NOUN
ajfa-4501	427	7	are	be	AUX
ajfa-4501	427	8	different	different	ADJ
ajfa-4501	427	9	from	from	ADP
ajfa-4501	427	10	those	those	PRON
ajfa-4501	427	11	of	of	ADP
ajfa-4501	427	12	firms	firm	NOUN
ajfa-4501	427	13	.	.	PUNCT
ajfa-4501	428	1	for	for	ADP
ajfa-4501	428	2	example	example	NOUN
ajfa-4501	428	3	,	,	PUNCT
ajfa-4501	428	4	academic	academic	ADJ
ajfa-4501	428	5	year	year	NOUN
ajfa-4501	428	6	1992	1992	NUM
ajfa-4501	428	7	started	start	VERB
ajfa-4501	428	8	from	from	ADP
ajfa-4501	428	9	august	august	PROPN
ajfa-4501	428	10	1	1	NUM
ajfa-4501	428	11	,	,	PUNCT
ajfa-4501	428	12	1992	1992	NUM
ajfa-4501	428	13	and	and	CCONJ
ajfa-4501	428	14	went	go	VERB
ajfa-4501	428	15	to	to	ADP
ajfa-4501	428	16	july	july	PROPN
ajfa-4501	428	17	31	31	NUM
ajfa-4501	428	18	,	,	PUNCT
ajfa-4501	428	19	1993	1993	NUM
ajfa-4501	428	20	.	.	PUNCT
ajfa-4501	429	1	4	4	NUM
ajfa-4501	429	2	.	.	X
ajfa-4501	429	3	according	accord	VERB
ajfa-4501	429	4	to	to	ADP
ajfa-4501	429	5	article	article	NOUN
ajfa-4501	429	6	33	33	NUM
ajfa-4501	429	7	of	of	ADP
ajfa-4501	429	8	the	the	DET
ajfa-4501	429	9	private	private	ADJ
ajfa-4501	429	10	school	school	NOUN
ajfa-4501	429	11	law	law	NOUN
ajfa-4501	429	12	,	,	PUNCT
ajfa-4501	429	13	“	"	PUNCT
ajfa-4501	429	14	the	the	DET
ajfa-4501	429	15	positions	position	NOUN
ajfa-4501	429	16	of	of	ADP
ajfa-4501	429	17	chairman	chairman	NOUN
ajfa-4501	429	18	,	,	PUNCT
ajfa-4501	429	19	director	director	NOUN
ajfa-4501	429	20	,	,	PUNCT
ajfa-4501	429	21	and	and	CCONJ
ajfa-4501	429	22	consultant	consultant	NOUN
ajfa-4501	429	23	shall	shall	AUX
ajfa-4501	429	24	all	all	PRON
ajfa-4501	429	25	be	be	AUX
ajfa-4501	429	26	non	non	ADJ
ajfa-4501	429	27	-	-	ADJ
ajfa-4501	429	28	paid	pay	VERB
ajfa-4501	429	29	,	,	PUNCT
ajfa-4501	429	30	provided	provide	VERB
ajfa-4501	429	31	that	that	SCONJ
ajfa-4501	429	32	stipends	stipend	NOUN
ajfa-4501	429	33	may	may	AUX
ajfa-4501	429	34	be	be	AUX
ajfa-4501	429	35	paid	pay	VERB
ajfa-4501	429	36	for	for	ADP
ajfa-4501	429	37	meeting	meet	VERB
ajfa-4501	429	38	attendance	attendance	NOUN
ajfa-4501	429	39	and	and	CCONJ
ajfa-4501	429	40	transportation	transportation	NOUN
ajfa-4501	429	41	.	.	PUNCT
ajfa-4501	429	42	”	"	PUNCT
ajfa-4501	430	1	under	under	ADP
ajfa-4501	430	2	the	the	DET
ajfa-4501	430	3	administrative	administrative	ADJ
ajfa-4501	430	4	rules	rule	NOUN
ajfa-4501	430	5	governing	govern	VERB
ajfa-4501	430	6	special	special	ADJ
ajfa-4501	430	7	audit	audit	NOUN
ajfa-4501	430	8	at	at	ADP
ajfa-4501	430	9	the	the	DET
ajfa-4501	430	10	private	private	ADJ
ajfa-4501	430	11	junior	junior	ADJ
ajfa-4501	430	12	college	college	NOUN
ajfa-4501	430	13	and	and	CCONJ
ajfa-4501	430	14	higher	high	ADJ
ajfa-4501	430	15	levels	level	NOUN
ajfa-4501	430	16	,	,	PUNCT
ajfa-4501	430	17	the	the	DET
ajfa-4501	430	18	moe	moe	NOUN
ajfa-4501	430	19	specifies	specifie	NOUN
ajfa-4501	430	20	that	that	PRON
ajfa-4501	430	21	the	the	DET
ajfa-4501	430	22	engaged	engaged	ADJ
ajfa-4501	430	23	auditors	auditor	NOUN
ajfa-4501	430	24	must	must	AUX
ajfa-4501	430	25	pay	pay	VERB
ajfa-4501	430	26	attention	attention	NOUN
ajfa-4501	430	27	to	to	ADP
ajfa-4501	430	28	examining	examine	VERB
ajfa-4501	430	29	board	board	NOUN
ajfa-4501	430	30	’s	’s	PART
ajfa-4501	430	31	expenditures	expenditure	NOUN
ajfa-4501	430	32	.	.	PUNCT
ajfa-4501	431	1	5	5	X
ajfa-4501	431	2	.	.	PUNCT
ajfa-4501	431	3	according	accord	VERB
ajfa-4501	431	4	to	to	ADP
ajfa-4501	431	5	article	article	NOUN
ajfa-4501	431	6	33	33	NUM
ajfa-4501	431	7	of	of	ADP
ajfa-4501	431	8	the	the	DET
ajfa-4501	431	9	private	private	ADJ
ajfa-4501	431	10	school	school	NOUN
ajfa-4501	431	11	law	law	NOUN
ajfa-4501	431	12	,	,	PUNCT
ajfa-4501	431	13	“	"	PUNCT
ajfa-4501	431	14	the	the	DET
ajfa-4501	431	15	positions	position	NOUN
ajfa-4501	431	16	of	of	ADP
ajfa-4501	431	17	chairman	chairman	NOUN
ajfa-4501	431	18	,	,	PUNCT
ajfa-4501	431	19	director	director	NOUN
ajfa-4501	431	20	,	,	PUNCT
ajfa-4501	431	21	and	and	CCONJ
ajfa-4501	431	22	consultant	consultant	NOUN
ajfa-4501	431	23	shall	shall	AUX
ajfa-4501	431	24	all	all	PRON
ajfa-4501	431	25	be	be	AUX
ajfa-4501	431	26	non	non	ADJ
ajfa-4501	431	27	-	-	ADJ
ajfa-4501	431	28	paid	pay	VERB
ajfa-4501	431	29	,	,	PUNCT
ajfa-4501	431	30	provided	provide	VERB
ajfa-4501	431	31	that	that	SCONJ
ajfa-4501	431	32	stipends	stipend	NOUN
ajfa-4501	431	33	may	may	AUX
ajfa-4501	431	34	be	be	AUX
ajfa-4501	431	35	paid	pay	VERB
ajfa-4501	431	36	for	for	ADP
ajfa-4501	431	37	meeting	meet	VERB
ajfa-4501	431	38	attendance	attendance	NOUN
ajfa-4501	431	39	and	and	CCONJ
ajfa-4501	431	40	transportation	transportation	NOUN
ajfa-4501	431	41	.	.	PUNCT
ajfa-4501	431	42	”	"	PUNCT
ajfa-4501	432	1	under	under	ADP
ajfa-4501	432	2	the	the	DET
ajfa-4501	432	3	administrative	administrative	ADJ
ajfa-4501	432	4	rules	rule	NOUN
ajfa-4501	432	5	governing	govern	VERB
ajfa-4501	432	6	special	special	ADJ
ajfa-4501	432	7	audit	audit	NOUN
ajfa-4501	432	8	at	at	ADP
ajfa-4501	432	9	the	the	DET
ajfa-4501	432	10	private	private	ADJ
ajfa-4501	432	11	junior	junior	ADJ
ajfa-4501	432	12	college	college	NOUN
ajfa-4501	432	13	and	and	CCONJ
ajfa-4501	432	14	higher	high	ADJ
ajfa-4501	432	15	levels	level	NOUN
ajfa-4501	432	16	,	,	PUNCT
ajfa-4501	432	17	the	the	DET
ajfa-4501	432	18	moe	moe	NOUN
ajfa-4501	432	19	specifies	specifie	NOUN
ajfa-4501	432	20	that	that	PRON
ajfa-4501	432	21	the	the	DET
ajfa-4501	432	22	engaged	engaged	ADJ
ajfa-4501	432	23	auditors	auditor	NOUN
ajfa-4501	432	24	must	must	AUX
ajfa-4501	432	25	pay	pay	VERB
ajfa-4501	432	26	attention	attention	NOUN
ajfa-4501	432	27	to	to	ADP
ajfa-4501	432	28	examining	examine	VERB
ajfa-4501	432	29	board	board	NOUN
ajfa-4501	432	30	’s	’s	PART
ajfa-4501	432	31	expenditures	expenditure	NOUN
ajfa-4501	432	32	.	.	PUNCT
ajfa-4501	433	1	references	reference	NOUN
ajfa-4501	433	2	anderson	anderson	PROPN
ajfa-4501	433	3	,	,	PUNCT
ajfa-4501	433	4	t.	t.	PROPN
ajfa-4501	433	5	,	,	PUNCT
ajfa-4501	433	6	&	&	CCONJ
ajfa-4501	433	7	zeghal	zeghal	NOUN
ajfa-4501	433	8	,	,	PUNCT
ajfa-4501	433	9	d.	d.	PROPN
ajfa-4501	433	10	(	(	PUNCT
ajfa-4501	433	11	1994	1994	NUM
ajfa-4501	433	12	)	)	PUNCT
ajfa-4501	433	13	.	.	PUNCT
ajfa-4501	434	1	the	the	DET
ajfa-4501	434	2	pricing	pricing	NOUN
ajfa-4501	434	3	of	of	ADP
ajfa-4501	434	4	audit	audit	NOUN
ajfa-4501	434	5	services	service	NOUN
ajfa-4501	434	6	:	:	PUNCT
ajfa-4501	434	7	further	further	ADJ
ajfa-4501	434	8	evidence	evidence	NOUN
ajfa-4501	434	9	from	from	ADP
ajfa-4501	434	10	the	the	DET
ajfa-4501	434	11	canadian	canadian	ADJ
ajfa-4501	434	12	market	market	NOUN
ajfa-4501	434	13	.	.	PUNCT
ajfa-4501	435	1	accounting	accounting	NOUN
ajfa-4501	435	2	and	and	CCONJ
ajfa-4501	435	3	business	business	NOUN
ajfa-4501	435	4	research	research	NOUN
ajfa-4501	435	5	,	,	PUNCT
ajfa-4501	435	6	24	24	NUM
ajfa-4501	435	7	,	,	PUNCT
ajfa-4501	435	8	195	195	NUM
ajfa-4501	435	9	-	-	PUNCT
ajfa-4501	435	10	207	207	NUM
ajfa-4501	435	11	.	.	PUNCT
ajfa-4501	436	1	http://dx.doi.org/10.1080/00014788.1994.9729479	http://dx.doi.org/10.1080/00014788.1994.9729479	ADJ
ajfa-4501	436	2	carson	carson	PROPN
ajfa-4501	436	3	,	,	PUNCT
ajfa-4501	436	4	e.	e.	PROPN
ajfa-4501	436	5	,	,	PUNCT
ajfa-4501	436	6	&	&	CCONJ
ajfa-4501	436	7	fargher	fargher	PROPN
ajfa-4501	436	8	,	,	PUNCT
ajfa-4501	436	9	n.	n.	PROPN
ajfa-4501	436	10	l.	l.	PROPN
ajfa-4501	436	11	(	(	PUNCT
ajfa-4501	436	12	2007	2007	NUM
ajfa-4501	436	13	)	)	PUNCT
ajfa-4501	436	14	.	.	PUNCT
ajfa-4501	437	1	note	note	NOUN
ajfa-4501	437	2	on	on	ADP
ajfa-4501	437	3	audit	audit	NOUN
ajfa-4501	437	4	fee	fee	NOUN
ajfa-4501	437	5	premiums	premium	NOUN
ajfa-4501	437	6	to	to	ADP
ajfa-4501	437	7	client	client	NOUN
ajfa-4501	437	8	size	size	NOUN
ajfa-4501	437	9	and	and	CCONJ
ajfa-4501	437	10	industry	industry	NOUN
ajfa-4501	437	11	specialization	specialization	NOUN
ajfa-4501	437	12	.	.	PUNCT
ajfa-4501	438	1	accounting	accounting	NOUN
ajfa-4501	438	2	and	and	CCONJ
ajfa-4501	438	3	finance	finance	NOUN
ajfa-4501	438	4	,	,	PUNCT
ajfa-4501	438	5	423	423	NUM
ajfa-4501	438	6	-	-	SYM
ajfa-4501	438	7	446	446	NUM
ajfa-4501	438	8	.	.	PUNCT
ajfa-4501	439	1	http://dx.doi.org/10.1111/j.1467-629x.2007.00213.x	http://dx.doi.org/10.1111/j.1467-629x.2007.00213.x	PROPN
ajfa-4501	439	2	chan	chan	PROPN
ajfa-4501	439	3	,	,	PUNCT
ajfa-4501	439	4	p.	p.	PROPN
ajfa-4501	439	5	,	,	PUNCT
ajfa-4501	439	6	m.	m.	NOUN
ajfa-4501	439	7	ezzamel	ezzamel	PROPN
ajfa-4501	439	8	,	,	PUNCT
ajfa-4501	439	9	&	&	CCONJ
ajfa-4501	439	10	gwilliam	gwilliam	PROPN
ajfa-4501	439	11	,	,	PUNCT
ajfa-4501	439	12	d.	d.	PROPN
ajfa-4501	439	13	(	(	PUNCT
ajfa-4501	439	14	1993	1993	NUM
ajfa-4501	439	15	)	)	PUNCT
ajfa-4501	439	16	.	.	PUNCT
ajfa-4501	440	1	determinants	determinant	NOUN
ajfa-4501	440	2	of	of	ADP
ajfa-4501	440	3	audit	audit	NOUN
ajfa-4501	440	4	fees	fee	NOUN
ajfa-4501	440	5	for	for	ADP
ajfa-4501	440	6	quoted	quote	VERB
ajfa-4501	440	7	uk	uk	PROPN
ajfa-4501	440	8	companies	company	NOUN
ajfa-4501	440	9	.	.	PUNCT
ajfa-4501	441	1	journal	journal	PROPN
ajfa-4501	441	2	of	of	ADP
ajfa-4501	441	3	business	business	NOUN
ajfa-4501	441	4	finance	finance	NOUN
ajfa-4501	441	5	and	and	CCONJ
ajfa-4501	441	6	accounting	accounting	NOUN
ajfa-4501	441	7	,	,	PUNCT
ajfa-4501	441	8	20	20	NUM
ajfa-4501	441	9	,	,	PUNCT
ajfa-4501	441	10	765	765	NUM
ajfa-4501	441	11	-	-	SYM
ajfa-4501	441	12	786	786	NUM
ajfa-4501	441	13	.	.	PUNCT
ajfa-4501	442	1	http://dx.doi.org/10.1111/j.1468-5957.1993.tb00292.x	http://dx.doi.org/10.1111/j.1468-5957.1993.tb00292.x	PROPN
ajfa-4501	442	2	chow	chow	PROPN
ajfa-4501	442	3	,	,	PUNCT
ajfa-4501	442	4	c.	c.	PROPN
ajfa-4501	442	5	w.	w.	PROPN
ajfa-4501	442	6	(	(	PUNCT
ajfa-4501	442	7	1982	1982	NUM
ajfa-4501	442	8	)	)	PUNCT
ajfa-4501	442	9	.	.	PUNCT
ajfa-4501	443	1	the	the	DET
ajfa-4501	443	2	demand	demand	NOUN
ajfa-4501	443	3	for	for	ADP
ajfa-4501	443	4	external	external	ADJ
ajfa-4501	443	5	auditing	auditing	NOUN
ajfa-4501	443	6	:	:	PUNCT
ajfa-4501	443	7	size	size	NOUN
ajfa-4501	443	8	,	,	PUNCT
ajfa-4501	443	9	debt	debt	NOUN
ajfa-4501	443	10	and	and	CCONJ
ajfa-4501	443	11	ownership	ownership	NOUN
ajfa-4501	443	12	influences	influence	NOUN
ajfa-4501	443	13	.	.	PUNCT
ajfa-4501	444	1	the	the	DET
ajfa-4501	444	2	accounting	accounting	NOUN
ajfa-4501	444	3	review	review	NOUN
ajfa-4501	444	4	,	,	PUNCT
ajfa-4501	444	5	57	57	NUM
ajfa-4501	444	6	,	,	PUNCT
ajfa-4501	444	7	272	272	NUM
ajfa-4501	444	8	-	-	SYM
ajfa-4501	444	9	291	291	NUM
ajfa-4501	444	10	.	.	PUNCT
ajfa-4501	445	1	craswell	craswell	ADJ
ajfa-4501	445	2	,	,	PUNCT
ajfa-4501	445	3	a.	a.	NOUN
ajfa-4501	445	4	t.	t.	PROPN
ajfa-4501	445	5	,	,	PUNCT
ajfa-4501	445	6	francis	francis	PROPN
ajfa-4501	445	7	,	,	PUNCT
ajfa-4501	445	8	j.	j.	PROPN
ajfa-4501	445	9	r.	r.	PROPN
ajfa-4501	445	10	,	,	PUNCT
ajfa-4501	445	11	&	&	CCONJ
ajfa-4501	445	12	taylor	taylor	PROPN
ajfa-4501	445	13	,	,	PUNCT
ajfa-4501	445	14	s.	s.	PROPN
ajfa-4501	445	15	l.	l.	PROPN
ajfa-4501	445	16	(	(	PUNCT
ajfa-4501	445	17	1995	1995	NUM
ajfa-4501	445	18	)	)	PUNCT
ajfa-4501	445	19	.	.	PUNCT
ajfa-4501	446	1	auditor	auditor	PROPN
ajfa-4501	446	2	brand	brand	PROPN
ajfa-4501	446	3	name	name	NOUN
ajfa-4501	446	4	reputations	reputation	NOUN
ajfa-4501	446	5	and	and	CCONJ
ajfa-4501	446	6	industry	industry	NOUN
ajfa-4501	446	7	specializations	specialization	NOUN
ajfa-4501	446	8	.	.	PUNCT
ajfa-4501	447	1	journal	journal	NOUN
ajfa-4501	447	2	of	of	ADP
ajfa-4501	447	3	accounting	accounting	PROPN
ajfa-4501	447	4	&	&	CCONJ
ajfa-4501	447	5	economics	economic	NOUN
ajfa-4501	447	6	,	,	PUNCT
ajfa-4501	447	7	20	20	NUM
ajfa-4501	447	8	,	,	PUNCT
ajfa-4501	447	9	297	297	NUM
ajfa-4501	447	10	-	-	SYM
ajfa-4501	447	11	322	322	NUM
ajfa-4501	447	12	.	.	PUNCT
ajfa-4501	448	1	http://dx.doi.org/10.1016/0165-4101(95)00403-3	http://dx.doi.org/10.1016/0165-4101(95)00403-3	NOUN
ajfa-4501	448	2	craswell	craswell	ADJ
ajfa-4501	448	3	,	,	PUNCT
ajfa-4501	448	4	a.	a.	NOUN
ajfa-4501	448	5	t.	t.	PROPN
ajfa-4501	448	6	,	,	PUNCT
ajfa-4501	448	7	&	&	CCONJ
ajfa-4501	448	8	francis	francis	PROPN
ajfa-4501	448	9	,	,	PUNCT
ajfa-4501	448	10	j.	j.	PROPN
ajfa-4501	448	11	r.	r.	PROPN
ajfa-4501	448	12	(	(	PUNCT
ajfa-4501	448	13	1999	1999	NUM
ajfa-4501	448	14	)	)	PUNCT
ajfa-4501	448	15	.	.	PUNCT
ajfa-4501	449	1	pricing	pricing	NOUN
ajfa-4501	449	2	initial	initial	ADJ
ajfa-4501	449	3	audit	audit	NOUN
ajfa-4501	449	4	engagements	engagement	NOUN
ajfa-4501	449	5	:	:	PUNCT
ajfa-4501	449	6	a	a	DET
ajfa-4501	449	7	test	test	NOUN
ajfa-4501	449	8	of	of	ADP
ajfa-4501	449	9	competing	compete	VERB
ajfa-4501	449	10	theories	theory	NOUN
ajfa-4501	449	11	.	.	PUNCT
ajfa-4501	450	1	the	the	DET
ajfa-4501	450	2	accounting	accounting	NOUN
ajfa-4501	450	3	review	review	NOUN
ajfa-4501	450	4	,	,	PUNCT
ajfa-4501	450	5	201	201	NUM
ajfa-4501	450	6	-	-	SYM
ajfa-4501	450	7	216	216	NUM
ajfa-4501	450	8	.	.	PUNCT
ajfa-4501	451	1	http://dx.doi.org/10.2308/accr.1999.74.2.201	http://dx.doi.org/10.2308/accr.1999.74.2.201	NUM
ajfa-4501	451	2	defond	defond	NOUN
ajfa-4501	451	3	,	,	PUNCT
ajfa-4501	451	4	m.l	m.l	PROPN
ajfa-4501	451	5	.	.	PROPN
ajfa-4501	451	6	,	,	PUNCT
ajfa-4501	451	7	francis	francis	PROPN
ajfa-4501	451	8	,	,	PUNCT
ajfa-4501	451	9	f.r	f.r	PROPN
ajfa-4501	451	10	.	.	PROPN
ajfa-4501	451	11	,	,	PUNCT
ajfa-4501	451	12	&	&	CCONJ
ajfa-4501	451	13	wong	wong	PROPN
ajfa-4501	451	14	,	,	PUNCT
ajfa-4501	451	15	t.j	t.j	PROPN
ajfa-4501	451	16	.	.	PROPN
ajfa-4501	451	17	(	(	PUNCT
ajfa-4501	451	18	2000	2000	NUM
ajfa-4501	451	19	)	)	PUNCT
ajfa-4501	451	20	.	.	PUNCT
ajfa-4501	452	1	auditor	auditor	NOUN
ajfa-4501	452	2	industry	industry	NOUN
ajfa-4501	452	3	specialization	specialization	NOUN
ajfa-4501	452	4	and	and	CCONJ
ajfa-4501	452	5	market	market	NOUN
ajfa-4501	452	6	segmentation	segmentation	NOUN
ajfa-4501	452	7	:	:	PUNCT
ajfa-4501	452	8	evidence	evidence	NOUN
ajfa-4501	452	9	from	from	ADP
ajfa-4501	452	10	hong	hong	PROPN
ajfa-4501	452	11	kong	kong	PROPN
ajfa-4501	452	12	.	.	PUNCT
ajfa-4501	453	1	auditing	auditing	NOUN
ajfa-4501	453	2	:	:	PUNCT
ajfa-4501	453	3	a	a	DET
ajfa-4501	453	4	journal	journal	NOUN
ajfa-4501	453	5	of	of	ADP
ajfa-4501	453	6	practice	practice	NOUN
ajfa-4501	453	7	and	and	CCONJ
ajfa-4501	453	8	theory	theory	NOUN
ajfa-4501	453	9	,	,	PUNCT
ajfa-4501	453	10	19	19	NUM
ajfa-4501	453	11	,	,	PUNCT
ajfa-4501	453	12	49	49	NUM
ajfa-4501	453	13	-	-	SYM
ajfa-4501	453	14	66	66	NUM
ajfa-4501	453	15	.	.	PUNCT
ajfa-4501	454	1	http://dx.doi.org/10.2308/aud.2000.19.1.49	http://dx.doi.org/10.2308/aud.2000.19.1.49	PROPN
ajfa-4501	454	2	ferguson	ferguson	PROPN
ajfa-4501	454	3	,	,	PUNCT
ajfa-4501	454	4	a.	a.	PROPN
ajfa-4501	454	5	,	,	PUNCT
ajfa-4501	454	6	francis	francis	PROPN
ajfa-4501	454	7	j.	j.	PROPN
ajfa-4501	454	8	r.	r.	PROPN
ajfa-4501	454	9	,	,	PUNCT
ajfa-4501	454	10	&	&	CCONJ
ajfa-4501	454	11	stokes	stokes	PROPN
ajfa-4501	454	12	,	,	PUNCT
ajfa-4501	454	13	d.	d.	PROPN
ajfa-4501	454	14	(	(	PUNCT
ajfa-4501	454	15	2003	2003	NUM
ajfa-4501	454	16	)	)	PUNCT
ajfa-4501	454	17	.	.	PUNCT
ajfa-4501	455	1	the	the	DET
ajfa-4501	455	2	effects	effect	NOUN
ajfa-4501	455	3	of	of	ADP
ajfa-4501	455	4	firm	firm	ADJ
ajfa-4501	455	5	-	-	PUNCT
ajfa-4501	455	6	wide	wide	ADJ
ajfa-4501	455	7	and	and	CCONJ
ajfa-4501	455	8	office	office	NOUN
ajfa-4501	455	9	-	-	PUNCT
ajfa-4501	455	10	level	level	NOUN
ajfa-4501	455	11	industry	industry	NOUN
ajfa-4501	455	12	expertise	expertise	NOUN
ajfa-4501	455	13	on	on	ADP
ajfa-4501	455	14	audit	audit	NOUN
ajfa-4501	455	15	pricing	pricing	NOUN
ajfa-4501	455	16	.	.	PUNCT
ajfa-4501	456	1	the	the	DET
ajfa-4501	456	2	accounting	accounting	NOUN
ajfa-4501	456	3	review	review	NOUN
ajfa-4501	456	4	,	,	PUNCT
ajfa-4501	456	5	429	429	NUM
ajfa-4501	456	6	-	-	SYM
ajfa-4501	456	7	448	448	NUM
ajfa-4501	456	8	.	.	PUNCT
ajfa-4501	457	1	asian	asian	ADJ
ajfa-4501	457	2	journal	journal	PROPN
ajfa-4501	457	3	of	of	ADP
ajfa-4501	457	4	finance	finance	PROPN
ajfa-4501	457	5	&	&	CCONJ
ajfa-4501	457	6	accounting	accounting	PROPN
ajfa-4501	457	7	issn	issn	PROPN
ajfa-4501	457	8	1946	1946	NUM
ajfa-4501	457	9	-	-	PUNCT
ajfa-4501	457	10	052x	052x	NOUN
ajfa-4501	457	11	2013	2013	NUM
ajfa-4501	457	12	,	,	PUNCT
ajfa-4501	457	13	vol	vol	NOUN
ajfa-4501	457	14	.	.	PROPN
ajfa-4501	457	15	5	5	NUM
ajfa-4501	457	16	,	,	PUNCT
ajfa-4501	457	17	no	no	INTJ
ajfa-4501	457	18	.	.	NOUN
ajfa-4501	457	19	2	2	NUM
ajfa-4501	457	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-4501	457	21	327	327	NUM
ajfa-4501	457	22	http://dx.doi.org/10.2308/accr.2003.78.2.429	http://dx.doi.org/10.2308/accr.2003.78.2.429	PROPN
ajfa-4501	457	23	francis	francis	PROPN
ajfa-4501	457	24	,	,	PUNCT
ajfa-4501	457	25	j.	j.	PROPN
ajfa-4501	457	26	(	(	PUNCT
ajfa-4501	457	27	1984	1984	NUM
ajfa-4501	457	28	)	)	PUNCT
ajfa-4501	457	29	.	.	PUNCT
ajfa-4501	458	1	the	the	DET
ajfa-4501	458	2	effect	effect	NOUN
ajfa-4501	458	3	of	of	ADP
ajfa-4501	458	4	audit	audit	NOUN
ajfa-4501	458	5	firm	firm	ADJ
ajfa-4501	458	6	size	size	NOUN
ajfa-4501	458	7	on	on	ADP
ajfa-4501	458	8	audit	audit	NOUN
ajfa-4501	458	9	prices	price	NOUN
ajfa-4501	458	10	:	:	PUNCT
ajfa-4501	458	11	a	a	DET
ajfa-4501	458	12	study	study	NOUN
ajfa-4501	458	13	on	on	ADP
ajfa-4501	458	14	the	the	DET
ajfa-4501	458	15	australian	australian	ADJ
ajfa-4501	458	16	market	market	NOUN
ajfa-4501	458	17	.	.	PUNCT
ajfa-4501	459	1	journal	journal	NOUN
ajfa-4501	459	2	of	of	ADP
ajfa-4501	459	3	accounting	accounting	NOUN
ajfa-4501	459	4	and	and	CCONJ
ajfa-4501	459	5	economics	economic	NOUN
ajfa-4501	459	6	,	,	PUNCT
ajfa-4501	459	7	6	6	NUM
ajfa-4501	459	8	,	,	PUNCT
ajfa-4501	459	9	133	133	NUM
ajfa-4501	459	10	-	-	SYM
ajfa-4501	459	11	151	151	NUM
ajfa-4501	459	12	.	.	PUNCT
ajfa-4501	459	13	http://dx.doi.org/10.1016/0165-4101(84)90010-7	http://dx.doi.org/10.1016/0165-4101(84)90010-7	PROPN
ajfa-4501	459	14	francis	francis	PROPN
ajfa-4501	459	15	,	,	PUNCT
ajfa-4501	459	16	j.	j.	PROPN
ajfa-4501	459	17	,	,	PUNCT
ajfa-4501	459	18	&	&	CCONJ
ajfa-4501	459	19	simon	simon	PROPN
ajfa-4501	459	20	,	,	PUNCT
ajfa-4501	459	21	d.	d.	PROPN
ajfa-4501	459	22	(	(	PUNCT
ajfa-4501	459	23	1987	1987	NUM
ajfa-4501	459	24	)	)	PUNCT
ajfa-4501	459	25	.	.	PUNCT
ajfa-4501	460	1	a	a	DET
ajfa-4501	460	2	test	test	NOUN
ajfa-4501	460	3	of	of	ADP
ajfa-4501	460	4	audit	audit	NOUN
ajfa-4501	460	5	pricing	pricing	NOUN
ajfa-4501	460	6	in	in	ADP
ajfa-4501	460	7	the	the	DET
ajfa-4501	460	8	small	small	ADJ
ajfa-4501	460	9	-	-	PUNCT
ajfa-4501	460	10	client	client	NOUN
ajfa-4501	460	11	segment	segment	NOUN
ajfa-4501	460	12	of	of	ADP
ajfa-4501	460	13	the	the	DET
ajfa-4501	460	14	u.s	u.s	PROPN
ajfa-4501	460	15	.	.	PROPN
ajfa-4501	460	16	audit	audit	NOUN
ajfa-4501	460	17	market	market	NOUN
ajfa-4501	460	18	.	.	PUNCT
ajfa-4501	461	1	the	the	DET
ajfa-4501	461	2	accounting	accounting	NOUN
ajfa-4501	461	3	review	review	NOUN
ajfa-4501	461	4	,	,	PUNCT
ajfa-4501	461	5	62	62	NUM
ajfa-4501	461	6	,	,	PUNCT
ajfa-4501	461	7	154	154	NUM
ajfa-4501	461	8	-	-	SYM
ajfa-4501	461	9	157	157	NUM
ajfa-4501	461	10	.	.	PUNCT
ajfa-4501	462	1	gul	gul	PROPN
ajfa-4501	462	2	,	,	PUNCT
ajfa-4501	462	3	f.	f.	PROPN
ajfa-4501	462	4	(	(	PUNCT
ajfa-4501	462	5	1999	1999	NUM
ajfa-4501	462	6	)	)	PUNCT
ajfa-4501	462	7	.	.	PUNCT
ajfa-4501	463	1	audit	audit	NOUN
ajfa-4501	463	2	prices	price	NOUN
ajfa-4501	463	3	,	,	PUNCT
ajfa-4501	463	4	product	product	NOUN
ajfa-4501	463	5	differentiation	differentiation	NOUN
ajfa-4501	463	6	and	and	CCONJ
ajfa-4501	463	7	economic	economic	ADJ
ajfa-4501	463	8	equilibrium	equilibrium	NOUN
ajfa-4501	463	9	.	.	PUNCT
ajfa-4501	464	1	auditing	auditing	NOUN
ajfa-4501	464	2	:	:	PUNCT
ajfa-4501	464	3	a	a	DET
ajfa-4501	464	4	journal	journal	NOUN
ajfa-4501	464	5	of	of	ADP
ajfa-4501	464	6	practice	practice	NOUN
ajfa-4501	464	7	and	and	CCONJ
ajfa-4501	464	8	theory	theory	NOUN
ajfa-4501	464	9	,	,	PUNCT
ajfa-4501	464	10	18	18	NUM
ajfa-4501	464	11	,	,	PUNCT
ajfa-4501	464	12	90	90	NUM
ajfa-4501	464	13	-	-	SYM
ajfa-4501	464	14	100	100	NUM
ajfa-4501	464	15	.	.	PUNCT
ajfa-4501	465	1	http://dx.doi.org/10.2308/aud.1999.18.1.90	http://dx.doi.org/10.2308/aud.1999.18.1.90	PROPN
ajfa-4501	465	2	hackenbrack	hackenbrack	NOUN
ajfa-4501	465	3	,	,	PUNCT
ajfa-4501	465	4	k.	k.	PROPN
ajfa-4501	465	5	,	,	PUNCT
ajfa-4501	465	6	jensen	jensen	PROPN
ajfa-4501	465	7	,	,	PUNCT
ajfa-4501	465	8	k.	k.	PROPN
ajfa-4501	465	9	l.	l.	PROPN
ajfa-4501	465	10	,	,	PUNCT
ajfa-4501	465	11	&	&	CCONJ
ajfa-4501	465	12	payne	payne	PROPN
ajfa-4501	465	13	,	,	PUNCT
ajfa-4501	465	14	j.	j.	PROPN
ajfa-4501	465	15	l.	l.	PROPN
ajfa-4501	465	16	(	(	PUNCT
ajfa-4501	465	17	2000	2000	NUM
ajfa-4501	465	18	)	)	PUNCT
ajfa-4501	465	19	.	.	PUNCT
ajfa-4501	466	1	the	the	DET
ajfa-4501	466	2	effect	effect	NOUN
ajfa-4501	466	3	of	of	ADP
ajfa-4501	466	4	a	a	DET
ajfa-4501	466	5	bidding	bidding	NOUN
ajfa-4501	466	6	restriction	restriction	NOUN
ajfa-4501	466	7	on	on	ADP
ajfa-4501	466	8	the	the	DET
ajfa-4501	466	9	audit	audit	NOUN
ajfa-4501	466	10	services	service	NOUN
ajfa-4501	466	11	market	market	NOUN
ajfa-4501	466	12	.	.	PUNCT
ajfa-4501	467	1	journal	journal	NOUN
ajfa-4501	467	2	of	of	ADP
ajfa-4501	467	3	accounting	accounting	NOUN
ajfa-4501	467	4	research	research	NOUN
ajfa-4501	467	5	,	,	PUNCT
ajfa-4501	467	6	38(2	38(2	NOUN
ajfa-4501	467	7	)	)	PUNCT
ajfa-4501	467	8	,	,	PUNCT
ajfa-4501	467	9	355	355	NUM
ajfa-4501	467	10	-	-	SYM
ajfa-4501	467	11	374	374	NUM
ajfa-4501	467	12	.	.	PUNCT
ajfa-4501	468	1	http://dx.doi.org/10.2307/2672937	http://dx.doi.org/10.2307/2672937	PROPN
ajfa-4501	468	2	hackenbrack	hackenbrack	NOUN
ajfa-4501	468	3	,	,	PUNCT
ajfa-4501	468	4	k.	k.	PROPN
ajfa-4501	468	5	,	,	PUNCT
ajfa-4501	468	6	&	&	CCONJ
ajfa-4501	468	7	knechel	knechel	PROPN
ajfa-4501	468	8	,	,	PUNCT
ajfa-4501	468	9	w.	w.	PROPN
ajfa-4501	468	10	r.	r.	PROPN
ajfa-4501	468	11	(	(	PUNCT
ajfa-4501	468	12	1997	1997	NUM
ajfa-4501	468	13	)	)	PUNCT
ajfa-4501	468	14	.	.	PUNCT
ajfa-4501	469	1	resource	resource	NOUN
ajfa-4501	469	2	allocation	allocation	NOUN
ajfa-4501	469	3	decisions	decision	NOUN
ajfa-4501	469	4	in	in	ADP
ajfa-4501	469	5	audit	audit	NOUN
ajfa-4501	469	6	engagements	engagement	NOUN
ajfa-4501	469	7	.	.	PUNCT
ajfa-4501	470	1	contemporary	contemporary	ADJ
ajfa-4501	470	2	accounting	accounting	NOUN
ajfa-4501	470	3	research	research	PROPN
ajfa-4501	470	4	,	,	PUNCT
ajfa-4501	470	5	14(3	14(3	NUM
ajfa-4501	470	6	)	)	PUNCT
ajfa-4501	470	7	,	,	PUNCT
ajfa-4501	470	8	481	481	NUM
ajfa-4501	470	9	-	-	SYM
ajfa-4501	470	10	500	500	NUM
ajfa-4501	470	11	.	.	PUNCT
ajfa-4501	471	1	http://dx.doi.org/10.1111/j.1911-3846.1997.tb00537.x	http://dx.doi.org/10.1111/j.1911-3846.1997.tb00537.x	PROPN
ajfa-4501	471	2	hay	hay	PROPN
ajfa-4501	471	3	,	,	PUNCT
ajfa-4501	471	4	d.	d.	PROPN
ajfa-4501	471	5	c.	c.	PROPN
ajfa-4501	471	6	,	,	PUNCT
ajfa-4501	471	7	kenchel	kenchel	PROPN
ajfa-4501	471	8	,	,	PUNCT
ajfa-4501	471	9	w.	w.	PROPN
ajfa-4501	471	10	r.	r.	PROPN
ajfa-4501	471	11	,	,	PUNCT
ajfa-4501	471	12	&	&	CCONJ
ajfa-4501	471	13	wong	wong	PROPN
ajfa-4501	471	14	,	,	PUNCT
ajfa-4501	471	15	n.	n.	PROPN
ajfa-4501	471	16	(	(	PUNCT
ajfa-4501	471	17	2006	2006	NUM
ajfa-4501	471	18	)	)	PUNCT
ajfa-4501	471	19	.	.	PUNCT
ajfa-4501	472	1	audit	audit	NOUN
ajfa-4501	472	2	fees	fee	NOUN
ajfa-4501	472	3	:	:	PUNCT
ajfa-4501	472	4	a	a	DET
ajfa-4501	472	5	meta	meta	ADJ
ajfa-4501	472	6	-	-	PUNCT
ajfa-4501	472	7	analysis	analysis	NOUN
ajfa-4501	472	8	of	of	ADP
ajfa-4501	472	9	the	the	DET
ajfa-4501	472	10	effect	effect	NOUN
ajfa-4501	472	11	of	of	ADP
ajfa-4501	472	12	supply	supply	NOUN
ajfa-4501	472	13	and	and	CCONJ
ajfa-4501	472	14	demand	demand	NOUN
ajfa-4501	472	15	attributes	attribute	NOUN
ajfa-4501	472	16	.	.	PUNCT
ajfa-4501	473	1	contemporary	contemporary	ADJ
ajfa-4501	473	2	accounting	accounting	NOUN
ajfa-4501	473	3	research	research	NOUN
ajfa-4501	473	4	,	,	PUNCT
ajfa-4501	473	5	141	141	NUM
ajfa-4501	473	6	-	-	SYM
ajfa-4501	473	7	191	191	NUM
ajfa-4501	473	8	.	.	PUNCT
ajfa-4501	474	1	http://dx.doi.org/10.1506/4xr4-kt5v-e8cn-91gx	http://dx.doi.org/10.1506/4xr4-kt5v-e8cn-91gx	PROPN
ajfa-4501	474	2	jerry	jerry	PROPN
ajfa-4501	474	3	t.	t.	PROPN
ajfa-4501	474	4	,	,	PUNCT
ajfa-4501	474	5	holmes	holmes	PROPN
ajfa-4501	474	6	,	,	PUNCT
ajfa-4501	474	7	s.	s.	PROPN
ajfa-4501	474	8	a.	a.	PROPN
ajfa-4501	474	9	,	,	PUNCT
ajfa-4501	474	10	mcgowan	mcgowan	PROPN
ajfa-4501	474	11	,	,	PUNCT
ajfa-4501	474	12	a.	a.	PROPN
ajfa-4501	474	13	s.	s.	PROPN
ajfa-4501	474	14	,	,	PUNCT
ajfa-4501	474	15	strand	strand	PROPN
ajfa-4501	474	16	,	,	PUNCT
ajfa-4501	474	17	c.	c.	PROPN
ajfa-4501	474	18	a.	a.	PROPN
ajfa-4501	474	19	,	,	PUNCT
ajfa-4501	474	20	&	&	CCONJ
ajfa-4501	474	21	strawser	strawser	PROPN
ajfa-4501	474	22	,	,	PUNCT
ajfa-4501	474	23	r.	r.	PROPN
ajfa-4501	474	24	h.	h.	PROPN
ajfa-4501	474	25	(	(	PUNCT
ajfa-4501	474	26	2001	2001	NUM
ajfa-4501	474	27	)	)	PUNCT
ajfa-4501	474	28	.	.	PUNCT
ajfa-4501	475	1	the	the	DET
ajfa-4501	475	2	relation	relation	NOUN
ajfa-4501	475	3	between	between	ADP
ajfa-4501	475	4	audit	audit	NOUN
ajfa-4501	475	5	pricing	pricing	NOUN
ajfa-4501	475	6	and	and	CCONJ
ajfa-4501	475	7	audit	audit	NOUN
ajfa-4501	475	8	contract	contract	NOUN
ajfa-4501	475	9	type	type	NOUN
ajfa-4501	475	10	:	:	PUNCT
ajfa-4501	475	11	a	a	DET
ajfa-4501	475	12	public	public	ADJ
ajfa-4501	475	13	sector	sector	NOUN
ajfa-4501	475	14	analysis	analysis	NOUN
ajfa-4501	475	15	.	.	PUNCT
ajfa-4501	476	1	journal	journal	NOUN
ajfa-4501	476	2	of	of	ADP
ajfa-4501	476	3	accounting	accounting	NOUN
ajfa-4501	476	4	and	and	CCONJ
ajfa-4501	476	5	public	public	ADJ
ajfa-4501	476	6	policy	policy	NOUN
ajfa-4501	476	7	,	,	PUNCT
ajfa-4501	476	8	20	20	NUM
ajfa-4501	476	9	,	,	PUNCT
ajfa-4501	476	10	189	189	NUM
ajfa-4501	476	11	-	-	SYM
ajfa-4501	476	12	215	215	NUM
ajfa-4501	476	13	.	.	PUNCT
ajfa-4501	477	1	http://dx.doi.org/10.1016/s0278-4254(01)00026-6	http://dx.doi.org/10.1016/s0278-4254(01)00026-6	PROPN
ajfa-4501	477	2	klein	klein	PROPN
ajfa-4501	477	3	,	,	PUNCT
ajfa-4501	477	4	b.	b.	PROPN
ajfa-4501	477	5	&	&	CCONJ
ajfa-4501	477	6	leffler	leffler	PROPN
ajfa-4501	477	7	,	,	PUNCT
ajfa-4501	477	8	k.	k.	PROPN
ajfa-4501	477	9	(	(	PUNCT
ajfa-4501	477	10	1981	1981	NUM
ajfa-4501	477	11	)	)	PUNCT
ajfa-4501	477	12	.	.	PUNCT
ajfa-4501	478	1	the	the	DET
ajfa-4501	478	2	role	role	NOUN
ajfa-4501	478	3	of	of	ADP
ajfa-4501	478	4	market	market	NOUN
ajfa-4501	478	5	forces	force	NOUN
ajfa-4501	478	6	in	in	ADP
ajfa-4501	478	7	assuring	assure	VERB
ajfa-4501	478	8	contractual	contractual	ADJ
ajfa-4501	478	9	performance	performance	NOUN
ajfa-4501	478	10	.	.	PUNCT
ajfa-4501	479	1	journal	journal	NOUN
ajfa-4501	479	2	of	of	ADP
ajfa-4501	479	3	political	political	ADJ
ajfa-4501	479	4	economy	economy	NOUN
ajfa-4501	479	5	,	,	PUNCT
ajfa-4501	479	6	89	89	NUM
ajfa-4501	479	7	,	,	PUNCT
ajfa-4501	479	8	615	615	NUM
ajfa-4501	479	9	-	-	SYM
ajfa-4501	479	10	641	641	NUM
ajfa-4501	479	11	.	.	PUNCT
ajfa-4501	480	1	http://dx.doi.org/10.1086/260996	http://dx.doi.org/10.1086/260996	PROPN
ajfa-4501	480	2	lin	lin	PROPN
ajfa-4501	480	3	,	,	PUNCT
ajfa-4501	480	4	y.	y.	PROPN
ajfa-4501	480	5	c.	c.	PROPN
ajfa-4501	480	6	(	(	PUNCT
ajfa-4501	480	7	1997	1997	NUM
ajfa-4501	480	8	)	)	PUNCT
ajfa-4501	480	9	.	.	PUNCT
ajfa-4501	481	1	a	a	DET
ajfa-4501	481	2	study	study	NOUN
ajfa-4501	481	3	of	of	ADP
ajfa-4501	481	4	influential	influential	ADJ
ajfa-4501	481	5	factors	factor	NOUN
ajfa-4501	481	6	of	of	ADP
ajfa-4501	481	7	audit	audit	NOUN
ajfa-4501	481	8	fees	fee	NOUN
ajfa-4501	481	9	.	.	PUNCT
ajfa-4501	482	1	master	master	NOUN
ajfa-4501	482	2	’s	’s	PART
ajfa-4501	482	3	thesis	thesis	NOUN
ajfa-4501	482	4	,	,	PUNCT
ajfa-4501	482	5	soochow	soochow	NOUN
ajfa-4501	482	6	university(in	university(in	PROPN
ajfa-4501	482	7	mandarin	mandarin	PROPN
ajfa-4501	482	8	)	)	PUNCT
ajfa-4501	482	9	.	.	PUNCT
ajfa-4501	483	1	maher	maher	PROPN
ajfa-4501	483	2	,	,	PUNCT
ajfa-4501	483	3	m.w	m.w	PROPN
ajfa-4501	483	4	.	.	PROPN
ajfa-4501	483	5	,	,	PUNCT
ajfa-4501	483	6	tiessen	tiessen	PROPN
ajfa-4501	483	7	,	,	PUNCT
ajfa-4501	483	8	p.	p.	PROPN
ajfa-4501	483	9	,	,	PUNCT
ajfa-4501	483	10	colson	colson	PROPN
ajfa-4501	483	11	,	,	PUNCT
ajfa-4501	483	12	r.	r.	PROPN
ajfa-4501	483	13	,	,	PUNCT
ajfa-4501	483	14	and	and	CCONJ
ajfa-4501	483	15	broman	broman	NOUN
ajfa-4501	483	16	,	,	PUNCT
ajfa-4501	483	17	a.j	a.j	PROPN
ajfa-4501	483	18	.	.	PROPN
ajfa-4501	483	19	(	(	PUNCT
ajfa-4501	483	20	1992	1992	NUM
ajfa-4501	483	21	)	)	PUNCT
ajfa-4501	483	22	.	.	PUNCT
ajfa-4501	484	1	competition	competition	NOUN
ajfa-4501	484	2	and	and	CCONJ
ajfa-4501	484	3	audit	audit	NOUN
ajfa-4501	484	4	fees	fee	NOUN
ajfa-4501	484	5	.	.	PUNCT
ajfa-4501	485	1	the	the	DET
ajfa-4501	485	2	accounting	accounting	NOUN
ajfa-4501	485	3	review	review	NOUN
ajfa-4501	485	4	67(january	67(january	NUM
ajfa-4501	485	5	)	)	PUNCT
ajfa-4501	485	6	,	,	PUNCT
ajfa-4501	485	7	199	199	NUM
ajfa-4501	485	8	-	-	SYM
ajfa-4501	485	9	211	211	NUM
ajfa-4501	485	10	.	.	PUNCT
ajfa-4501	486	1	mcmeeking	mcmeeke	VERB
ajfa-4501	486	2	,	,	PUNCT
ajfa-4501	486	3	k.	k.	PROPN
ajfa-4501	486	4	p.	p.	PROPN
ajfa-4501	486	5	,	,	PUNCT
ajfa-4501	486	6	peasnell	peasnell	PROPN
ajfa-4501	486	7	,	,	PUNCT
ajfa-4501	486	8	k.	k.	PROPN
ajfa-4501	486	9	v.	v.	PROPN
ajfa-4501	486	10	,	,	PUNCT
ajfa-4501	486	11	&	&	CCONJ
ajfa-4501	486	12	pope	pope	PROPN
ajfa-4501	486	13	,	,	PUNCT
ajfa-4501	486	14	p.	p.	PROPN
ajfa-4501	486	15	f.	f.	PROPN
ajfa-4501	487	1	(	(	PUNCT
ajfa-4501	487	2	2006	2006	NUM
ajfa-4501	487	3	)	)	PUNCT
ajfa-4501	487	4	.	.	PUNCT
ajfa-4501	488	1	the	the	DET
ajfa-4501	488	2	determinants	determinant	NOUN
ajfa-4501	488	3	of	of	ADP
ajfa-4501	488	4	the	the	DET
ajfa-4501	488	5	uk	uk	PROPN
ajfa-4501	488	6	big	big	ADJ
ajfa-4501	488	7	firm	firm	ADJ
ajfa-4501	488	8	premium	premium	NOUN
ajfa-4501	488	9	.	.	PUNCT
ajfa-4501	489	1	accounting	accounting	NOUN
ajfa-4501	489	2	and	and	CCONJ
ajfa-4501	489	3	business	business	NOUN
ajfa-4501	489	4	research	research	NOUN
ajfa-4501	489	5	,	,	PUNCT
ajfa-4501	489	6	36(3	36(3	NUM
ajfa-4501	489	7	)	)	PUNCT
ajfa-4501	489	8	,	,	PUNCT
ajfa-4501	489	9	207	207	NUM
ajfa-4501	489	10	-	-	SYM
ajfa-4501	489	11	231	231	NUM
ajfa-4501	489	12	.	.	PUNCT
ajfa-4501	490	1	http://dx.doi.org/10.1080/00014788.2006.9730022	http://dx.doi.org/10.1080/00014788.2006.9730022	VERB
ajfa-4501	490	2	palmrose	palmrose	ADJ
ajfa-4501	490	3	,	,	PUNCT
ajfa-4501	490	4	z.	z.	PROPN
ajfa-4501	490	5	(	(	PUNCT
ajfa-4501	490	6	1986	1986	NUM
ajfa-4501	490	7	)	)	PUNCT
ajfa-4501	490	8	.	.	PUNCT
ajfa-4501	491	1	audit	audit	NOUN
ajfa-4501	491	2	fees	fee	NOUN
ajfa-4501	491	3	and	and	CCONJ
ajfa-4501	491	4	auditor	auditor	NOUN
ajfa-4501	491	5	size	size	NOUN
ajfa-4501	491	6	:	:	PUNCT
ajfa-4501	491	7	further	further	ADJ
ajfa-4501	491	8	evidence	evidence	NOUN
ajfa-4501	491	9	.	.	PUNCT
ajfa-4501	492	1	journal	journal	NOUN
ajfa-4501	492	2	of	of	ADP
ajfa-4501	492	3	accounting	accounting	NOUN
ajfa-4501	492	4	research	research	NOUN
ajfa-4501	492	5	24	24	NUM
ajfa-4501	492	6	,	,	PUNCT
ajfa-4501	492	7	97	97	NUM
ajfa-4501	492	8	-	-	SYM
ajfa-4501	492	9	110	110	NUM
ajfa-4501	492	10	.	.	PUNCT
ajfa-4501	493	1	http://dx.doi.org/10.2307/2490806	http://dx.doi.org/10.2307/2490806	PROPN
ajfa-4501	493	2	pong	pong	PROPN
ajfa-4501	493	3	,	,	PUNCT
ajfa-4501	493	4	c.	c.	PROPN
ajfa-4501	493	5	m.	m.	PROPN
ajfa-4501	493	6	,	,	PUNCT
ajfa-4501	493	7	&	&	CCONJ
ajfa-4501	493	8	whittington	whittington	PROPN
ajfa-4501	493	9	,	,	PUNCT
ajfa-4501	493	10	g.	g.	PROPN
ajfa-4501	493	11	(	(	PUNCT
ajfa-4501	493	12	1994	1994	NUM
ajfa-4501	493	13	)	)	PUNCT
ajfa-4501	493	14	.	.	PUNCT
ajfa-4501	494	1	the	the	DET
ajfa-4501	494	2	determinants	determinant	NOUN
ajfa-4501	494	3	of	of	ADP
ajfa-4501	494	4	audit	audit	NOUN
ajfa-4501	494	5	fees	fee	NOUN
ajfa-4501	494	6	:	:	PUNCT
ajfa-4501	494	7	some	some	DET
ajfa-4501	494	8	empirical	empirical	ADJ
ajfa-4501	494	9	models	model	NOUN
ajfa-4501	494	10	.	.	PUNCT
ajfa-4501	495	1	journal	journal	NOUN
ajfa-4501	495	2	of	of	ADP
ajfa-4501	495	3	business	business	NOUN
ajfa-4501	495	4	finance	finance	NOUN
ajfa-4501	495	5	and	and	CCONJ
ajfa-4501	495	6	accounting	accounting	NOUN
ajfa-4501	495	7	,	,	PUNCT
ajfa-4501	495	8	21	21	NUM
ajfa-4501	495	9	,	,	PUNCT
ajfa-4501	495	10	1071	1071	NUM
ajfa-4501	495	11	-	-	SYM
ajfa-4501	495	12	1095	1095	NUM
ajfa-4501	495	13	.	.	PUNCT
ajfa-4501	496	1	http://dx.doi.org/10.1111/j.1468-5957.1994.tb00365.x	http://dx.doi.org/10.1111/j.1468-5957.1994.tb00365.x	PROPN
ajfa-4501	496	2	sanders	sanders	PROPN
ajfa-4501	496	3	,	,	PUNCT
ajfa-4501	496	4	g.	g.	PROPN
ajfa-4501	496	5	,	,	PUNCT
ajfa-4501	496	6	arthur	arthur	PROPN
ajfa-4501	496	7	,	,	PUNCT
ajfa-4501	496	8	a.	a.	PROPN
ajfa-4501	496	9	,	,	PUNCT
ajfa-4501	496	10	&	&	CCONJ
ajfa-4501	496	11	korte	korte	PROPN
ajfa-4501	496	12	,	,	PUNCT
ajfa-4501	496	13	l.	l.	PROPN
ajfa-4501	496	14	(	(	PUNCT
ajfa-4501	496	15	1995	1995	NUM
ajfa-4501	496	16	)	)	PUNCT
ajfa-4501	496	17	.	.	PUNCT
ajfa-4501	497	1	municipal	municipal	ADJ
ajfa-4501	497	2	audit	audit	NOUN
ajfa-4501	497	3	fees	fee	NOUN
ajfa-4501	497	4	:	:	PUNCT
ajfa-4501	497	5	has	have	AUX
ajfa-4501	497	6	increased	increase	VERB
ajfa-4501	497	7	competition	competition	NOUN
ajfa-4501	497	8	asian	asian	ADJ
ajfa-4501	497	9	journal	journal	NOUN
ajfa-4501	497	10	of	of	ADP
ajfa-4501	497	11	finance	finance	PROPN
ajfa-4501	497	12	&	&	CCONJ
ajfa-4501	497	13	accounting	accounting	PROPN
ajfa-4501	497	14	issn	issn	PROPN
ajfa-4501	497	15	1946	1946	NUM
ajfa-4501	497	16	-	-	PUNCT
ajfa-4501	497	17	052x	052x	NOUN
ajfa-4501	497	18	2013	2013	NUM
ajfa-4501	497	19	,	,	PUNCT
ajfa-4501	497	20	vol	vol	NOUN
ajfa-4501	497	21	.	.	PROPN
ajfa-4501	497	22	5	5	NUM
ajfa-4501	497	23	,	,	PUNCT
ajfa-4501	497	24	no	no	INTJ
ajfa-4501	497	25	.	.	NOUN
ajfa-4501	497	26	2	2	NUM
ajfa-4501	497	27	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-4501	497	28	328	328	NUM
ajfa-4501	497	29	made	make	VERB
ajfa-4501	497	30	a	a	DET
ajfa-4501	497	31	difference	difference	NOUN
ajfa-4501	497	32	.	.	PUNCT
ajfa-4501	498	1	auditing	auditing	NOUN
ajfa-4501	498	2	:	:	PUNCT
ajfa-4501	498	3	a	a	DET
ajfa-4501	498	4	journal	journal	NOUN
ajfa-4501	498	5	of	of	ADP
ajfa-4501	498	6	practice	practice	NOUN
ajfa-4501	498	7	and	and	CCONJ
ajfa-4501	498	8	theory	theory	NOUN
ajfa-4501	498	9	,	,	PUNCT
ajfa-4501	498	10	14	14	NUM
ajfa-4501	498	11	,	,	PUNCT
ajfa-4501	498	12	105	105	NUM
ajfa-4501	498	13	-	-	SYM
ajfa-4501	498	14	114	114	NUM
ajfa-4501	498	15	.	.	PUNCT
ajfa-4501	499	1	shapior	shapior	ADJ
ajfa-4501	499	2	,	,	PUNCT
ajfa-4501	499	3	c.	c.	PROPN
ajfa-4501	499	4	(	(	PUNCT
ajfa-4501	499	5	1983	1983	NUM
ajfa-4501	499	6	)	)	PUNCT
ajfa-4501	499	7	.	.	PUNCT
ajfa-4501	500	1	premiums	premium	NOUN
ajfa-4501	500	2	for	for	ADP
ajfa-4501	500	3	high	high	ADJ
ajfa-4501	500	4	quality	quality	NOUN
ajfa-4501	500	5	products	product	NOUN
ajfa-4501	500	6	as	as	ADP
ajfa-4501	500	7	returns	return	NOUN
ajfa-4501	500	8	to	to	ADP
ajfa-4501	500	9	reputations	reputation	NOUN
ajfa-4501	500	10	.	.	PUNCT
ajfa-4501	501	1	quarterly	quarterly	ADJ
ajfa-4501	501	2	journal	journal	NOUN
ajfa-4501	501	3	of	of	ADP
ajfa-4501	501	4	economics	economic	NOUN
ajfa-4501	501	5	,	,	PUNCT
ajfa-4501	501	6	98	98	NUM
ajfa-4501	501	7	,	,	PUNCT
ajfa-4501	501	8	659	659	NUM
ajfa-4501	501	9	-	-	SYM
ajfa-4501	501	10	679	679	NUM
ajfa-4501	501	11	.	.	PUNCT
ajfa-4501	502	1	http://dx.doi.org/10.2307/1881782	http://dx.doi.org/10.2307/1881782	PROPN
ajfa-4501	502	2	simon	simon	PROPN
ajfa-4501	502	3	,	,	PUNCT
ajfa-4501	502	4	d.	d.	PROPN
ajfa-4501	502	5	t.	t.	PROPN
ajfa-4501	502	6	,	,	PUNCT
ajfa-4501	502	7	&	&	CCONJ
ajfa-4501	502	8	francis	francis	PROPN
ajfa-4501	502	9	,	,	PUNCT
ajfa-4501	502	10	j.	j.	PROPN
ajfa-4501	502	11	r.	r.	PROPN
ajfa-4501	502	12	(	(	PUNCT
ajfa-4501	502	13	1988	1988	NUM
ajfa-4501	502	14	)	)	PUNCT
ajfa-4501	502	15	.	.	PUNCT
ajfa-4501	503	1	the	the	DET
ajfa-4501	503	2	effects	effect	NOUN
ajfa-4501	503	3	of	of	ADP
ajfa-4501	503	4	auditor	auditor	NOUN
ajfa-4501	503	5	change	change	NOUN
ajfa-4501	503	6	on	on	ADP
ajfa-4501	503	7	audit	audit	NOUN
ajfa-4501	503	8	fees	fee	NOUN
ajfa-4501	503	9	:	:	PUNCT
ajfa-4501	503	10	tests	test	NOUN
ajfa-4501	503	11	of	of	ADP
ajfa-4501	503	12	price	price	NOUN
ajfa-4501	503	13	cutting	cutting	NOUN
ajfa-4501	503	14	and	and	CCONJ
ajfa-4501	503	15	price	price	NOUN
ajfa-4501	503	16	recovery	recovery	NOUN
ajfa-4501	503	17	.	.	PUNCT
ajfa-4501	504	1	the	the	DET
ajfa-4501	504	2	accounting	accounting	NOUN
ajfa-4501	504	3	review	review	NOUN
ajfa-4501	504	4	,	,	PUNCT
ajfa-4501	504	5	63	63	NUM
ajfa-4501	504	6	,	,	PUNCT
ajfa-4501	504	7	255	255	NUM
ajfa-4501	504	8	-	-	SYM
ajfa-4501	504	9	269	269	NUM
ajfa-4501	504	10	.	.	PUNCT
ajfa-4501	505	1	simunic	simunic	PROPN
ajfa-4501	505	2	,	,	PUNCT
ajfa-4501	505	3	d.	d.	PROPN
ajfa-4501	505	4	(	(	PUNCT
ajfa-4501	505	5	1980	1980	NUM
ajfa-4501	505	6	)	)	PUNCT
ajfa-4501	505	7	.	.	PUNCT
ajfa-4501	506	1	the	the	DET
ajfa-4501	506	2	pricing	pricing	NOUN
ajfa-4501	506	3	of	of	ADP
ajfa-4501	506	4	audit	audit	NOUN
ajfa-4501	506	5	services	service	NOUN
ajfa-4501	506	6	:	:	PUNCT
ajfa-4501	506	7	theory	theory	NOUN
ajfa-4501	506	8	and	and	CCONJ
ajfa-4501	506	9	evidence	evidence	NOUN
ajfa-4501	506	10	.	.	PUNCT
ajfa-4501	507	1	journal	journal	NOUN
ajfa-4501	507	2	of	of	ADP
ajfa-4501	507	3	accounting	accounting	NOUN
ajfa-4501	507	4	research	research	NOUN
ajfa-4501	507	5	,	,	PUNCT
ajfa-4501	507	6	18	18	NUM
ajfa-4501	507	7	,	,	PUNCT
ajfa-4501	507	8	161	161	NUM
ajfa-4501	507	9	-	-	SYM
ajfa-4501	507	10	190	190	NUM
ajfa-4501	507	11	.	.	PUNCT
ajfa-4501	508	1	http://dx.doi.org/10.2307/2490397	http://dx.doi.org/10.2307/2490397	PROPN
ajfa-4501	508	2	simunic	simunic	PROPN
ajfa-4501	508	3	,	,	PUNCT
ajfa-4501	508	4	d.	d.	PROPN
ajfa-4501	508	5	,	,	PUNCT
ajfa-4501	508	6	&	&	CCONJ
ajfa-4501	508	7	stein	stein	PROPN
ajfa-4501	508	8	,	,	PUNCT
ajfa-4501	508	9	m.	m.	NOUN
ajfa-4501	508	10	(	(	PUNCT
ajfa-4501	508	11	1987	1987	NUM
ajfa-4501	508	12	)	)	PUNCT
ajfa-4501	508	13	.	.	PUNCT
ajfa-4501	509	1	product	product	NOUN
ajfa-4501	509	2	differentiation	differentiation	NOUN
ajfa-4501	509	3	in	in	ADP
ajfa-4501	509	4	audit	audit	NOUN
ajfa-4501	509	5	:	:	PUNCT
ajfa-4501	509	6	auditor	auditor	NOUN
ajfa-4501	509	7	choice	choice	NOUN
ajfa-4501	509	8	in	in	ADP
ajfa-4501	509	9	the	the	DET
ajfa-4501	509	10	market	market	NOUN
ajfa-4501	509	11	for	for	ADP
ajfa-4501	509	12	unseasoned	unseasoned	ADJ
ajfa-4501	509	13	new	new	ADJ
ajfa-4501	509	14	issues	issue	NOUN
ajfa-4501	509	15	(	(	PUNCT
ajfa-4501	509	16	canadian	canadian	ADJ
ajfa-4501	509	17	certified	certify	VERB
ajfa-4501	509	18	general	general	ADJ
ajfa-4501	509	19	accountants	accountant	NOUN
ajfa-4501	509	20	’	'	PUNCT
ajfa-4501	509	21	research	research	PROPN
ajfa-4501	509	22	foundation	foundation	PROPN
ajfa-4501	509	23	vancouver	vancouver	PROPN
ajfa-4501	509	24	)	)	PUNCT
ajfa-4501	509	25	.	.	PUNCT
ajfa-4501	510	1	thorne	thorne	PROPN
ajfa-4501	510	2	,	,	PUNCT
ajfa-4501	510	3	j.	j.	PROPN
ajfa-4501	510	4	,	,	PUNCT
ajfa-4501	510	5	holmes	holmes	PROPN
ajfa-4501	510	6	,	,	PUNCT
ajfa-4501	510	7	s.	s.	PROPN
ajfa-4501	510	8	a.	a.	PROPN
ajfa-4501	510	9	,	,	PUNCT
ajfa-4501	510	10	mcgowan	mcgowan	PROPN
ajfa-4501	510	11	,	,	PUNCT
ajfa-4501	510	12	a.	a.	PROPN
ajfa-4501	510	13	s.	s.	PROPN
ajfa-4501	510	14	,	,	PUNCT
ajfa-4501	510	15	strand	strand	PROPN
ajfa-4501	510	16	,	,	PUNCT
ajfa-4501	510	17	c.	c.	PROPN
ajfa-4501	510	18	a.	a.	PROPN
ajfa-4501	510	19	,	,	PUNCT
ajfa-4501	510	20	&	&	CCONJ
ajfa-4501	510	21	strawser	strawser	PROPN
ajfa-4501	510	22	,	,	PUNCT
ajfa-4501	510	23	r.	r.	PROPN
ajfa-4501	510	24	h.	h.	PROPN
ajfa-4501	510	25	(	(	PUNCT
ajfa-4501	510	26	2001	2001	NUM
ajfa-4501	510	27	)	)	PUNCT
ajfa-4501	510	28	.	.	PUNCT
ajfa-4501	511	1	the	the	DET
ajfa-4501	511	2	relation	relation	NOUN
ajfa-4501	511	3	between	between	ADP
ajfa-4501	511	4	audit	audit	NOUN
ajfa-4501	511	5	pricing	pricing	NOUN
ajfa-4501	511	6	and	and	CCONJ
ajfa-4501	511	7	audit	audit	NOUN
ajfa-4501	511	8	contract	contract	NOUN
ajfa-4501	511	9	type	type	NOUN
ajfa-4501	511	10	:	:	PUNCT
ajfa-4501	511	11	a	a	DET
ajfa-4501	511	12	public	public	ADJ
ajfa-4501	511	13	sector	sector	NOUN
ajfa-4501	511	14	analysis	analysis	NOUN
ajfa-4501	511	15	.	.	PUNCT
ajfa-4501	512	1	journal	journal	NOUN
ajfa-4501	512	2	of	of	ADP
ajfa-4501	512	3	accounting	accounting	NOUN
ajfa-4501	512	4	and	and	CCONJ
ajfa-4501	512	5	public	public	ADJ
ajfa-4501	512	6	policy	policy	NOUN
ajfa-4501	512	7	,	,	PUNCT
ajfa-4501	512	8	20	20	NUM
ajfa-4501	512	9	,	,	PUNCT
ajfa-4501	512	10	189	189	NUM
ajfa-4501	512	11	-	-	SYM
ajfa-4501	512	12	215	215	NUM
ajfa-4501	512	13	.	.	PUNCT
ajfa-4501	513	1	http://dx.doi.org/10.1016/s0278-4254(01)00026-6	http://dx.doi.org/10.1016/s0278-4254(01)00026-6	NOUN
ajfa-4501	513	2	vafeas	vafea	NOUN
ajfa-4501	513	3	,	,	PUNCT
ajfa-4501	513	4	n.	n.	NOUN
ajfa-4501	513	5	(	(	PUNCT
ajfa-4501	513	6	1999	1999	NUM
ajfa-4501	513	7	)	)	PUNCT
ajfa-4501	513	8	.	.	PUNCT
ajfa-4501	514	1	board	board	NOUN
ajfa-4501	514	2	meeting	meeting	NOUN
ajfa-4501	514	3	frequency	frequency	NOUN
ajfa-4501	514	4	and	and	CCONJ
ajfa-4501	514	5	firm	firm	ADJ
ajfa-4501	514	6	performance	performance	NOUN
ajfa-4501	514	7	.	.	PUNCT
ajfa-4501	515	1	journal	journal	NOUN
ajfa-4501	515	2	of	of	ADP
ajfa-4501	515	3	financial	financial	ADJ
ajfa-4501	515	4	economics	economic	NOUN
ajfa-4501	515	5	,	,	PUNCT
ajfa-4501	515	6	53	53	NUM
ajfa-4501	515	7	,	,	PUNCT
ajfa-4501	515	8	113	113	NUM
ajfa-4501	515	9	-	-	SYM
ajfa-4501	515	10	142	142	NUM
ajfa-4501	515	11	.	.	PUNCT
ajfa-4501	516	1	http://dx.doi.org/10.1016/s0304-405x(99)00018-5	http://dx.doi.org/10.1016/s0304-405x(99)00018-5	PROPN
ajfa-4501	516	2	ward	ward	PROPN
ajfa-4501	516	3	d.	d.	PROPN
ajfa-4501	516	4	,	,	PUNCT
ajfa-4501	516	5	elder	elder	NOUN
ajfa-4501	516	6	,	,	PUNCT
ajfa-4501	516	7	r.	r.	PROPN
ajfa-4501	516	8	,	,	PUNCT
ajfa-4501	516	9	&	&	CCONJ
ajfa-4501	516	10	kattelus	kattelus	PROPN
ajfa-4501	516	11	,	,	PUNCT
ajfa-4501	516	12	s.	s.	PROPN
ajfa-4501	516	13	(	(	PUNCT
ajfa-4501	516	14	1994	1994	NUM
ajfa-4501	516	15	)	)	PUNCT
ajfa-4501	516	16	.	.	PUNCT
ajfa-4501	517	1	further	further	ADJ
ajfa-4501	517	2	evidence	evidence	NOUN
ajfa-4501	517	3	on	on	ADP
ajfa-4501	517	4	the	the	DET
ajfa-4501	517	5	determinants	determinant	NOUN
ajfa-4501	517	6	of	of	ADP
ajfa-4501	517	7	municipal	municipal	ADJ
ajfa-4501	517	8	audit	audit	NOUN
ajfa-4501	517	9	fees	fee	NOUN
ajfa-4501	517	10	.	.	PUNCT
ajfa-4501	518	1	the	the	DET
ajfa-4501	518	2	accounting	accounting	NOUN
ajfa-4501	518	3	review	review	NOUN
ajfa-4501	518	4	,	,	PUNCT
ajfa-4501	518	5	399	399	NUM
ajfa-4501	518	6	-	-	SYM
ajfa-4501	518	7	411	411	NUM
ajfa-4501	518	8	.	.	PUNCT
ajfa-4501	519	1	watts	watts	PROPN
ajfa-4501	519	2	,	,	PUNCT
ajfa-4501	519	3	r.	r.	PROPN
ajfa-4501	519	4	l.	l.	PROPN
ajfa-4501	519	5	&	&	CCONJ
ajfa-4501	519	6	zimmerman	zimmerman	PROPN
ajfa-4501	519	7	,	,	PUNCT
ajfa-4501	519	8	j.	j.	PROPN
ajfa-4501	519	9	l.	l.	PROPN
ajfa-4501	519	10	(	(	PUNCT
ajfa-4501	519	11	1986	1986	NUM
ajfa-4501	519	12	)	)	PUNCT
ajfa-4501	519	13	.	.	PUNCT
ajfa-4501	520	1	positive	positive	ADJ
ajfa-4501	520	2	accounting	accounting	NOUN
ajfa-4501	520	3	theory	theory	NOUN
ajfa-4501	520	4	.	.	PUNCT
ajfa-4501	521	1	englewood	englewood	PROPN
ajfa-4501	521	2	cliffs	cliffs	PROPN
ajfa-4501	521	3	,	,	PUNCT
ajfa-4501	521	4	nj	nj	PROPN
ajfa-4501	521	5	:	:	PUNCT
ajfa-4501	521	6	prentice	prentice	NOUN
ajfa-4501	521	7	-	-	PUNCT
ajfa-4501	521	8	hall	hall	NOUN
ajfa-4501	521	9	.	.	PUNCT
ajfa-4501	522	1	wong	wong	PROPN
ajfa-4501	522	2	,	,	PUNCT
ajfa-4501	522	3	w.	w.	PROPN
ajfa-4501	522	4	k.	k.	PROPN
ajfa-4501	522	5	(	(	PUNCT
ajfa-4501	522	6	1999	1999	NUM
ajfa-4501	522	7	)	)	PUNCT
ajfa-4501	522	8	.	.	PUNCT
ajfa-4501	523	1	the	the	DET
ajfa-4501	523	2	correlation	correlation	NOUN
ajfa-4501	523	3	among	among	ADP
ajfa-4501	523	4	non	non	ADJ
ajfa-4501	523	5	-	-	ADJ
ajfa-4501	523	6	audit	audit	ADJ
ajfa-4501	523	7	services	service	NOUN
ajfa-4501	523	8	,	,	PUNCT
ajfa-4501	523	9	cpa	cpa	NOUN
ajfa-4501	523	10	size	size	NOUN
ajfa-4501	523	11	,	,	PUNCT
ajfa-4501	523	12	and	and	CCONJ
ajfa-4501	523	13	audit	audit	NOUN
ajfa-4501	523	14	fees	fee	NOUN
ajfa-4501	523	15	.	.	PUNCT
ajfa-4501	524	1	master	master	NOUN
ajfa-4501	524	2	’s	’s	PART
ajfa-4501	524	3	thesis	thesis	NOUN
ajfa-4501	524	4	,	,	PUNCT
ajfa-4501	524	5	national	national	PROPN
ajfa-4501	524	6	chung	chung	PROPN
ajfa-4501	524	7	cheng	cheng	PROPN
ajfa-4501	524	8	university	university	PROPN
ajfa-4501	524	9	(	(	PUNCT
ajfa-4501	524	10	in	in	ADP
ajfa-4501	524	11	chinese	chinese	PROPN
ajfa-4501	524	12	)	)	PUNCT
ajfa-4501	524	13	.	.	PUNCT