id	sid	tid	token	lemma	pos
ajfa-5372	1	1	microsoft	microsoft	PROPN
ajfa-5372	1	2	word	word	NOUN
ajfa-5372	1	3	5372-19443-1-sm-writer2-new.doc	5372-19443-1-sm-writer2-new.doc	NUM
ajfa-5372	1	4	asian	asian	ADJ
ajfa-5372	1	5	journal	journal	NOUN
ajfa-5372	1	6	of	of	ADP
ajfa-5372	1	7	finance	finance	PROPN
ajfa-5372	1	8	&	&	CCONJ
ajfa-5372	1	9	accounting	accounting	PROPN
ajfa-5372	1	10	issn	issn	PROPN
ajfa-5372	1	11	1946	1946	NUM
ajfa-5372	1	12	-	-	PUNCT
ajfa-5372	1	13	052x	052x	PROPN
ajfa-5372	1	14	2014	2014	NUM
ajfa-5372	1	15	,	,	PUNCT
ajfa-5372	1	16	vol	vol	NOUN
ajfa-5372	1	17	.	.	PROPN
ajfa-5372	1	18	6	6	NUM
ajfa-5372	1	19	,	,	PUNCT
ajfa-5372	1	20	no	no	INTJ
ajfa-5372	1	21	.	.	NOUN
ajfa-5372	1	22	1	1	NUM
ajfa-5372	1	23	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5372	1	24	388	388	NUM
ajfa-5372	1	25	is	be	AUX
ajfa-5372	1	26	eva	eva	NOUN
ajfa-5372	1	27	a	a	DET
ajfa-5372	1	28	superior	superior	ADJ
ajfa-5372	1	29	measure	measure	NOUN
ajfa-5372	1	30	of	of	ADP
ajfa-5372	1	31	shareholder	shareholder	NOUN
ajfa-5372	1	32	value	value	NOUN
ajfa-5372	1	33	?	?	PUNCT
ajfa-5372	2	1	evidence	evidence	NOUN
ajfa-5372	2	2	from	from	ADP
ajfa-5372	2	3	cnx	cnx	PROPN
ajfa-5372	2	4	nifty	nifty	ADJ
ajfa-5372	2	5	constituent	constituent	NOUN
ajfa-5372	2	6	firms	firm	NOUN
ajfa-5372	2	7	nusrathunnisa	nusrathunnisa	VERB
ajfa-5372	2	8	assistant	assistant	ADJ
ajfa-5372	2	9	professor	professor	NOUN
ajfa-5372	2	10	,	,	PUNCT
ajfa-5372	2	11	school	school	NOUN
ajfa-5372	2	12	of	of	ADP
ajfa-5372	2	13	business	business	NOUN
ajfa-5372	2	14	,	,	PUNCT
ajfa-5372	2	15	alliance	alliance	NOUN
ajfa-5372	2	16	university	university	PROPN
ajfa-5372	2	17	,	,	PUNCT
ajfa-5372	2	18	india	india	PROPN
ajfa-5372	2	19	e	e	PROPN
ajfa-5372	2	20	-	-	NOUN
ajfa-5372	2	21	mail	mail	NOUN
ajfa-5372	2	22	:	:	PUNCT
ajfa-5372	2	23	nusrathun@yahoo.com	nusrathun@yahoo.com	X
ajfa-5372	3	1	p.	p.	NOUN
ajfa-5372	3	2	janakiramudu	janakiramudu	PROPN
ajfa-5372	3	3	professor	professor	NOUN
ajfa-5372	3	4	of	of	ADP
ajfa-5372	3	5	finance	finance	NOUN
ajfa-5372	3	6	,	,	PUNCT
ajfa-5372	3	7	school	school	NOUN
ajfa-5372	3	8	of	of	ADP
ajfa-5372	3	9	business	business	NOUN
ajfa-5372	3	10	,	,	PUNCT
ajfa-5372	3	11	alliance	alliance	NOUN
ajfa-5372	3	12	university	university	PROPN
ajfa-5372	3	13	,	,	PUNCT
ajfa-5372	3	14	india	india	PROPN
ajfa-5372	3	15	received	receive	VERB
ajfa-5372	3	16	:	:	PUNCT
ajfa-5372	3	17	march	march	PROPN
ajfa-5372	3	18	27	27	NUM
ajfa-5372	3	19	,	,	PUNCT
ajfa-5372	3	20	2014	2014	NUM
ajfa-5372	3	21	accepted	accept	VERB
ajfa-5372	3	22	:	:	PUNCT
ajfa-5372	3	23	june	june	PROPN
ajfa-5372	3	24	13	13	NUM
ajfa-5372	3	25	,	,	PUNCT
ajfa-5372	3	26	2014	2014	NUM
ajfa-5372	3	27	published	publish	VERB
ajfa-5372	3	28	:	:	PUNCT
ajfa-5372	3	29	june	june	PROPN
ajfa-5372	3	30	13	13	NUM
ajfa-5372	3	31	,	,	PUNCT
ajfa-5372	3	32	2014	2014	NUM
ajfa-5372	3	33	doi:10.5296	doi:10.5296	NOUN
ajfa-5372	3	34	/	/	SYM
ajfa-5372	3	35	ajfa.v6i1.5327	ajfa.v6i1.5327	NOUN
ajfa-5372	3	36	url	url	NOUN
ajfa-5372	3	37	:	:	PUNCT
ajfa-5372	3	38	http://dx.doi.org/10.5296/ajfa.v6i1.5327	http://dx.doi.org/10.5296/ajfa.v6i1.5327	PROPN
ajfa-5372	3	39	abstract	abstract	ADJ
ajfa-5372	3	40	business	business	NOUN
ajfa-5372	3	41	organisations	organisation	NOUN
ajfa-5372	3	42	are	be	AUX
ajfa-5372	3	43	under	under	ADP
ajfa-5372	3	44	pressure	pressure	NOUN
ajfa-5372	3	45	to	to	AUX
ajfa-5372	3	46	device	device	NOUN
ajfa-5372	3	47	measures	measure	NOUN
ajfa-5372	3	48	to	to	PART
ajfa-5372	3	49	increase	increase	VERB
ajfa-5372	3	50	shareholder	shareholder	NOUN
ajfa-5372	3	51	value	value	NOUN
ajfa-5372	3	52	,	,	PUNCT
ajfa-5372	3	53	improve	improve	VERB
ajfa-5372	3	54	financial	financial	ADJ
ajfa-5372	3	55	performance	performance	NOUN
ajfa-5372	3	56	and	and	CCONJ
ajfa-5372	3	57	incentivize	incentivize	VERB
ajfa-5372	3	58	compensation	compensation	NOUN
ajfa-5372	3	59	plans	plan	NOUN
ajfa-5372	3	60	that	that	PRON
ajfa-5372	3	61	motivates	motivate	VERB
ajfa-5372	3	62	and	and	CCONJ
ajfa-5372	3	63	encourages	encourage	VERB
ajfa-5372	3	64	managers	manager	NOUN
ajfa-5372	3	65	to	to	PART
ajfa-5372	3	66	increase	increase	VERB
ajfa-5372	3	67	shareholders	shareholder	NOUN
ajfa-5372	3	68	wealth	wealth	NOUN
ajfa-5372	3	69	and	and	CCONJ
ajfa-5372	3	70	contribute	contribute	VERB
ajfa-5372	3	71	towards	towards	ADP
ajfa-5372	3	72	business	business	NOUN
ajfa-5372	3	73	growth	growth	NOUN
ajfa-5372	3	74	.	.	PUNCT
ajfa-5372	4	1	a	a	DET
ajfa-5372	4	2	recent	recent	ADJ
ajfa-5372	4	3	innovative	innovative	ADJ
ajfa-5372	4	4	trade	trade	NOUN
ajfa-5372	4	5	-	-	PUNCT
ajfa-5372	4	6	marked	mark	VERB
ajfa-5372	4	7	version	version	NOUN
ajfa-5372	4	8	of	of	ADP
ajfa-5372	4	9	residual	residual	ADJ
ajfa-5372	4	10	income	income	NOUN
ajfa-5372	4	11	measure	measure	NOUN
ajfa-5372	4	12	known	know	VERB
ajfa-5372	4	13	as	as	ADP
ajfa-5372	4	14	economic	economic	ADJ
ajfa-5372	4	15	value	value	NOUN
ajfa-5372	4	16	-	-	PUNCT
ajfa-5372	4	17	added	add	VERB
ajfa-5372	4	18	(	(	PUNCT
ajfa-5372	4	19	eva	eva	PROPN
ajfa-5372	4	20	)	)	PUNCT
ajfa-5372	4	21	is	be	AUX
ajfa-5372	4	22	being	be	AUX
ajfa-5372	4	23	experimented	experiment	VERB
ajfa-5372	4	24	and	and	CCONJ
ajfa-5372	4	25	implemented	implement	VERB
ajfa-5372	4	26	in	in	ADP
ajfa-5372	4	27	many	many	ADJ
ajfa-5372	4	28	organisations	organisation	NOUN
ajfa-5372	4	29	.	.	PUNCT
ajfa-5372	5	1	this	this	DET
ajfa-5372	5	2	paper	paper	NOUN
ajfa-5372	5	3	attempts	attempt	VERB
ajfa-5372	5	4	to	to	PART
ajfa-5372	5	5	empirically	empirically	ADV
ajfa-5372	5	6	test	test	VERB
ajfa-5372	5	7	if	if	SCONJ
ajfa-5372	5	8	any	any	DET
ajfa-5372	5	9	residual	residual	ADJ
ajfa-5372	5	10	income	income	NOUN
ajfa-5372	5	11	components	component	NOUN
ajfa-5372	5	12	such	such	ADJ
ajfa-5372	5	13	as	as	ADP
ajfa-5372	5	14	net	net	ADJ
ajfa-5372	5	15	operating	operating	NOUN
ajfa-5372	5	16	profit	profit	NOUN
ajfa-5372	5	17	after	after	ADP
ajfa-5372	5	18	tax	tax	NOUN
ajfa-5372	5	19	(	(	PUNCT
ajfa-5372	5	20	nopat	nopat	PROPN
ajfa-5372	5	21	)	)	PUNCT
ajfa-5372	5	22	,	,	PUNCT
ajfa-5372	5	23	return	return	VERB
ajfa-5372	5	24	on	on	ADP
ajfa-5372	5	25	net	net	ADJ
ajfa-5372	5	26	assets	asset	NOUN
ajfa-5372	5	27	(	(	PUNCT
ajfa-5372	5	28	rona	rona	PROPN
ajfa-5372	5	29	)	)	PUNCT
ajfa-5372	5	30	and	and	CCONJ
ajfa-5372	5	31	cash	cash	NOUN
ajfa-5372	5	32	flow	flow	NOUN
ajfa-5372	5	33	measure	measure	NOUN
ajfa-5372	5	34	i.e.	i.e.	X
ajfa-5372	5	35	,	,	PUNCT
ajfa-5372	5	36	free	free	ADJ
ajfa-5372	5	37	cash	cash	NOUN
ajfa-5372	5	38	flow(fcf	flow(fcf	NOUN
ajfa-5372	5	39	)	)	PUNCT
ajfa-5372	5	40	,	,	PUNCT
ajfa-5372	5	41	the	the	DET
ajfa-5372	5	42	predictor	predictor	NOUN
ajfa-5372	5	43	variables	variable	VERB
ajfa-5372	5	44	,	,	PUNCT
ajfa-5372	5	45	together	together	ADV
ajfa-5372	5	46	variable	variable	ADJ
ajfa-5372	5	47	wise	wise	ADJ
ajfa-5372	5	48	and	and	CCONJ
ajfa-5372	5	49	year	year	NOUN
ajfa-5372	5	50	wise	wise	ADJ
ajfa-5372	5	51	from	from	ADP
ajfa-5372	5	52	2009	2009	NUM
ajfa-5372	5	53	to	to	ADP
ajfa-5372	5	54	2012	2012	NUM
ajfa-5372	5	55	has	have	VERB
ajfa-5372	5	56	any	any	DET
ajfa-5372	5	57	influence	influence	NOUN
ajfa-5372	5	58	on	on	ADP
ajfa-5372	5	59	economic	economic	ADJ
ajfa-5372	5	60	value	value	NOUN
ajfa-5372	5	61	added	add	VERB
ajfa-5372	5	62	(	(	PUNCT
ajfa-5372	5	63	eva	eva	PROPN
ajfa-5372	5	64	)	)	PUNCT
ajfa-5372	5	65	,	,	PUNCT
ajfa-5372	5	66	the	the	DET
ajfa-5372	5	67	criterion	criterion	NOUN
ajfa-5372	5	68	variable	variable	NOUN
ajfa-5372	5	69	in	in	ADP
ajfa-5372	5	70	the	the	DET
ajfa-5372	5	71	study	study	NOUN
ajfa-5372	5	72	.	.	PUNCT
ajfa-5372	6	1	to	to	PART
ajfa-5372	6	2	examine	examine	VERB
ajfa-5372	6	3	the	the	DET
ajfa-5372	6	4	influence	influence	NOUN
ajfa-5372	6	5	of	of	ADP
ajfa-5372	6	6	the	the	DET
ajfa-5372	6	7	said	say	VERB
ajfa-5372	6	8	variables	variable	NOUN
ajfa-5372	6	9	data	datum	NOUN
ajfa-5372	6	10	of	of	ADP
ajfa-5372	6	11	16	16	NUM
ajfa-5372	6	12	sample	sample	NOUN
ajfa-5372	6	13	companies	company	NOUN
ajfa-5372	6	14	from	from	ADP
ajfa-5372	6	15	cnx	cnx	PROPN
ajfa-5372	6	16	it	it	PRON
ajfa-5372	6	17	index	index	NOUN
ajfa-5372	6	18	has	have	AUX
ajfa-5372	6	19	been	be	AUX
ajfa-5372	6	20	taken	take	VERB
ajfa-5372	6	21	and	and	CCONJ
ajfa-5372	6	22	required	require	VERB
ajfa-5372	6	23	financial	financial	ADJ
ajfa-5372	6	24	information	information	NOUN
ajfa-5372	6	25	was	be	AUX
ajfa-5372	6	26	sourced	source	VERB
ajfa-5372	6	27	from	from	ADP
ajfa-5372	6	28	cmie	cmie	PROPN
ajfa-5372	6	29	’s	’s	PART
ajfa-5372	6	30	capitaline	capitaline	PROPN
ajfa-5372	6	31	database	database	NOUN
ajfa-5372	6	32	.	.	PUNCT
ajfa-5372	7	1	the	the	DET
ajfa-5372	7	2	descriptive	descriptive	ADJ
ajfa-5372	7	3	statistics	statistic	NOUN
ajfa-5372	7	4	,	,	PUNCT
ajfa-5372	7	5	correlation	correlation	NOUN
ajfa-5372	7	6	and	and	CCONJ
ajfa-5372	7	7	multiple	multiple	ADJ
ajfa-5372	7	8	regression	regression	NOUN
ajfa-5372	7	9	analysis	analysis	NOUN
ajfa-5372	7	10	has	have	AUX
ajfa-5372	7	11	been	be	AUX
ajfa-5372	7	12	performed	perform	VERB
ajfa-5372	7	13	using	use	VERB
ajfa-5372	7	14	spss	spss	PROPN
ajfa-5372	7	15	20.0	20.0	NUM
ajfa-5372	7	16	version	version	NOUN
ajfa-5372	7	17	through	through	ADP
ajfa-5372	7	18	enter	enter	VERB
ajfa-5372	7	19	method	method	NOUN
ajfa-5372	7	20	and	and	CCONJ
ajfa-5372	7	21	stepwise	stepwise	ADJ
ajfa-5372	7	22	method	method	NOUN
ajfa-5372	7	23	for	for	ADP
ajfa-5372	7	24	every	every	DET
ajfa-5372	7	25	year	year	NOUN
ajfa-5372	7	26	across	across	ADP
ajfa-5372	7	27	the	the	DET
ajfa-5372	7	28	sample	sample	NOUN
ajfa-5372	7	29	companies	company	NOUN
ajfa-5372	7	30	.	.	PUNCT
ajfa-5372	8	1	statistical	statistical	ADJ
ajfa-5372	8	2	results	result	NOUN
ajfa-5372	8	3	prove	prove	VERB
ajfa-5372	8	4	that	that	SCONJ
ajfa-5372	8	5	nopat	nopat	PROPN
ajfa-5372	8	6	has	have	VERB
ajfa-5372	8	7	highest	high	ADJ
ajfa-5372	8	8	influence	influence	NOUN
ajfa-5372	8	9	on	on	ADP
ajfa-5372	8	10	eva	eva	PROPN
ajfa-5372	8	11	throughout	throughout	ADP
ajfa-5372	8	12	the	the	DET
ajfa-5372	8	13	study	study	NOUN
ajfa-5372	8	14	period	period	NOUN
ajfa-5372	8	15	compared	compare	VERB
ajfa-5372	8	16	to	to	ADP
ajfa-5372	8	17	other	other	ADJ
ajfa-5372	8	18	variables	variable	NOUN
ajfa-5372	8	19	.	.	PUNCT
ajfa-5372	9	1	also	also	ADV
ajfa-5372	9	2	compounded	compound	VERB
ajfa-5372	9	3	annual	annual	ADJ
ajfa-5372	9	4	growth	growth	NOUN
ajfa-5372	9	5	rate	rate	NOUN
ajfa-5372	9	6	(	(	PUNCT
ajfa-5372	9	7	cagr	cagr	NOUN
ajfa-5372	9	8	)	)	PUNCT
ajfa-5372	9	9	of	of	ADP
ajfa-5372	9	10	eva	eva	NOUN
ajfa-5372	9	11	and	and	CCONJ
ajfa-5372	9	12	year	year	NOUN
ajfa-5372	9	13	on	on	ADP
ajfa-5372	9	14	year	year	NOUN
ajfa-5372	9	15	growth	growth	NOUN
ajfa-5372	9	16	rate	rate	NOUN
ajfa-5372	9	17	(	(	PUNCT
ajfa-5372	9	18	yoygr	yoygr	PROPN
ajfa-5372	9	19	)	)	PUNCT
ajfa-5372	9	20	of	of	ADP
ajfa-5372	9	21	all	all	DET
ajfa-5372	9	22	variables	variable	NOUN
ajfa-5372	9	23	has	have	AUX
ajfa-5372	9	24	been	be	AUX
ajfa-5372	9	25	computed	compute	VERB
ajfa-5372	9	26	.	.	PUNCT
ajfa-5372	10	1	keywords	keyword	NOUN
ajfa-5372	10	2	:	:	PUNCT
ajfa-5372	10	3	value	value	NOUN
ajfa-5372	10	4	based	base	VERB
ajfa-5372	10	5	measure	measure	NOUN
ajfa-5372	10	6	,	,	PUNCT
ajfa-5372	10	7	economic	economic	ADJ
ajfa-5372	10	8	value	value	NOUN
ajfa-5372	10	9	added	add	VERB
ajfa-5372	10	10	,	,	PUNCT
ajfa-5372	10	11	net	net	ADJ
ajfa-5372	10	12	operating	operating	NOUN
ajfa-5372	10	13	profit	profit	NOUN
ajfa-5372	10	14	after	after	ADP
ajfa-5372	10	15	tax	tax	NOUN
ajfa-5372	10	16	(	(	PUNCT
ajfa-5372	10	17	nopat	nopat	PROPN
ajfa-5372	10	18	)	)	PUNCT
ajfa-5372	10	19	,	,	PUNCT
ajfa-5372	10	20	return	return	VERB
ajfa-5372	10	21	on	on	ADP
ajfa-5372	10	22	net	net	ADJ
ajfa-5372	10	23	assets	asset	NOUN
ajfa-5372	10	24	(	(	PUNCT
ajfa-5372	10	25	rona	rona	PROPN
ajfa-5372	10	26	)	)	PUNCT
ajfa-5372	10	27	,	,	PUNCT
ajfa-5372	10	28	free	free	ADJ
ajfa-5372	10	29	cash	cash	NOUN
ajfa-5372	10	30	flow(fcf	flow(fcf	NOUN
ajfa-5372	10	31	)	)	PUNCT
ajfa-5372	10	32	,	,	PUNCT
ajfa-5372	10	33	compounded	compound	VERB
ajfa-5372	10	34	annual	annual	ADJ
ajfa-5372	10	35	growth	growth	NOUN
ajfa-5372	10	36	rate	rate	NOUN
ajfa-5372	10	37	(	(	PUNCT
ajfa-5372	10	38	cagr	cagr	NOUN
ajfa-5372	10	39	)	)	PUNCT
ajfa-5372	10	40	,	,	PUNCT
ajfa-5372	10	41	year	year	NOUN
ajfa-5372	10	42	on	on	ADP
ajfa-5372	10	43	year	year	NOUN
ajfa-5372	10	44	growth	growth	NOUN
ajfa-5372	10	45	rate	rate	NOUN
ajfa-5372	10	46	(	(	PUNCT
ajfa-5372	10	47	yoygr	yoygr	PROPN
ajfa-5372	10	48	)	)	PUNCT
ajfa-5372	10	49	,	,	PUNCT
ajfa-5372	10	50	correlation	correlation	NOUN
ajfa-5372	10	51	,	,	PUNCT
ajfa-5372	10	52	multiple	multiple	ADJ
ajfa-5372	10	53	regression	regression	NOUN
ajfa-5372	10	54	analysis	analysis	NOUN
ajfa-5372	10	55	.	.	PUNCT
ajfa-5372	11	1	asian	asian	ADJ
ajfa-5372	11	2	journal	journal	PROPN
ajfa-5372	11	3	of	of	ADP
ajfa-5372	11	4	finance	finance	PROPN
ajfa-5372	11	5	&	&	CCONJ
ajfa-5372	11	6	accounting	accounting	PROPN
ajfa-5372	11	7	issn	issn	PROPN
ajfa-5372	11	8	1946	1946	NUM
ajfa-5372	11	9	-	-	PUNCT
ajfa-5372	11	10	052x	052x	PROPN
ajfa-5372	11	11	2014	2014	NUM
ajfa-5372	11	12	,	,	PUNCT
ajfa-5372	11	13	vol	vol	NOUN
ajfa-5372	11	14	.	.	PROPN
ajfa-5372	12	1	6	6	NUM
ajfa-5372	12	2	,	,	PUNCT
ajfa-5372	12	3	no	no	INTJ
ajfa-5372	12	4	.	.	NOUN
ajfa-5372	12	5	1	1	NUM
ajfa-5372	12	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5372	12	7	389	389	NUM
ajfa-5372	12	8	introduction	introduction	NOUN
ajfa-5372	12	9	economic	economic	ADJ
ajfa-5372	12	10	value	value	NOUN
ajfa-5372	12	11	added	add	VERB
ajfa-5372	12	12	(	(	PUNCT
ajfa-5372	12	13	eva	eva	PROPN
ajfa-5372	12	14	)	)	PUNCT
ajfa-5372	12	15	is	be	AUX
ajfa-5372	12	16	the	the	DET
ajfa-5372	12	17	best	well	ADV
ajfa-5372	12	18	available	available	ADJ
ajfa-5372	12	19	measure	measure	NOUN
ajfa-5372	12	20	for	for	ADP
ajfa-5372	12	21	evaluating	evaluate	VERB
ajfa-5372	12	22	shareholders	shareholder	NOUN
ajfa-5372	12	23	value	value	NOUN
ajfa-5372	12	24	.	.	PUNCT
ajfa-5372	13	1	it	it	PRON
ajfa-5372	13	2	is	be	AUX
ajfa-5372	13	3	a	a	DET
ajfa-5372	13	4	measure	measure	NOUN
ajfa-5372	13	5	of	of	ADP
ajfa-5372	13	6	economic	economic	ADJ
ajfa-5372	13	7	profit	profit	NOUN
ajfa-5372	13	8	and	and	CCONJ
ajfa-5372	13	9	not	not	PART
ajfa-5372	13	10	accounting	accounting	NOUN
ajfa-5372	13	11	profit	profit	NOUN
ajfa-5372	13	12	.	.	PUNCT
ajfa-5372	14	1	eva	eva	PROPN
ajfa-5372	14	2	calculation	calculation	NOUN
ajfa-5372	14	3	shows	show	VERB
ajfa-5372	14	4	the	the	DET
ajfa-5372	14	5	difference	difference	NOUN
ajfa-5372	14	6	between	between	ADP
ajfa-5372	14	7	the	the	DET
ajfa-5372	14	8	cost	cost	NOUN
ajfa-5372	14	9	of	of	ADP
ajfa-5372	14	10	capital	capital	NOUN
ajfa-5372	14	11	and	and	CCONJ
ajfa-5372	14	12	the	the	DET
ajfa-5372	14	13	return	return	NOUN
ajfa-5372	14	14	on	on	ADP
ajfa-5372	14	15	that	that	DET
ajfa-5372	14	16	capital	capital	NOUN
ajfa-5372	14	17	.	.	PUNCT
ajfa-5372	15	1	the	the	DET
ajfa-5372	15	2	shareholders	shareholder	NOUN
ajfa-5372	15	3	of	of	ADP
ajfa-5372	15	4	the	the	DET
ajfa-5372	15	5	company	company	NOUN
ajfa-5372	15	6	invest	invest	VERB
ajfa-5372	15	7	with	with	ADP
ajfa-5372	15	8	the	the	DET
ajfa-5372	15	9	aim	aim	NOUN
ajfa-5372	15	10	of	of	ADP
ajfa-5372	15	11	getting	get	VERB
ajfa-5372	15	12	return	return	NOUN
ajfa-5372	15	13	and	and	CCONJ
ajfa-5372	15	14	increase	increase	VERB
ajfa-5372	15	15	in	in	ADP
ajfa-5372	15	16	the	the	DET
ajfa-5372	15	17	value	value	NOUN
ajfa-5372	15	18	.	.	PUNCT
ajfa-5372	16	1	although	although	SCONJ
ajfa-5372	16	2	business	business	NOUN
ajfa-5372	16	3	concern	concern	NOUN
ajfa-5372	16	4	exists	exist	VERB
ajfa-5372	16	5	to	to	PART
ajfa-5372	16	6	create	create	VERB
ajfa-5372	16	7	value	value	NOUN
ajfa-5372	16	8	for	for	ADP
ajfa-5372	16	9	their	their	PRON
ajfa-5372	16	10	shareholders	shareholder	NOUN
ajfa-5372	16	11	,	,	PUNCT
ajfa-5372	16	12	the	the	DET
ajfa-5372	16	13	corporate	corporate	ADJ
ajfa-5372	16	14	executives	executive	NOUN
ajfa-5372	16	15	and	and	CCONJ
ajfa-5372	16	16	managers	manager	NOUN
ajfa-5372	16	17	do	do	AUX
ajfa-5372	16	18	not	not	PART
ajfa-5372	16	19	always	always	ADV
ajfa-5372	16	20	represent	represent	VERB
ajfa-5372	16	21	to	to	PART
ajfa-5372	16	22	maximize	maximize	VERB
ajfa-5372	16	23	shareholder	shareholder	NOUN
ajfa-5372	16	24	value	value	NOUN
ajfa-5372	16	25	,	,	PUNCT
ajfa-5372	16	26	because	because	SCONJ
ajfa-5372	16	27	of	of	ADP
ajfa-5372	16	28	perceived	perceive	VERB
ajfa-5372	16	29	conflict	conflict	NOUN
ajfa-5372	16	30	with	with	ADP
ajfa-5372	16	31	other	other	ADJ
ajfa-5372	16	32	goals	goal	NOUN
ajfa-5372	16	33	.	.	PUNCT
ajfa-5372	17	1	shareholder	shareholder	NOUN
ajfa-5372	17	2	value	value	NOUN
ajfa-5372	17	3	does	do	AUX
ajfa-5372	17	4	not	not	PART
ajfa-5372	17	5	necessarily	necessarily	ADV
ajfa-5372	17	6	conflict	conflict	VERB
ajfa-5372	17	7	with	with	ADP
ajfa-5372	17	8	good	good	ADJ
ajfa-5372	17	9	conduct	conduct	NOUN
ajfa-5372	17	10	toward	toward	ADP
ajfa-5372	17	11	employees	employee	NOUN
ajfa-5372	17	12	,	,	PUNCT
ajfa-5372	17	13	customers	customer	NOUN
ajfa-5372	17	14	,	,	PUNCT
ajfa-5372	17	15	suppliers	supplier	NOUN
ajfa-5372	17	16	,	,	PUNCT
ajfa-5372	17	17	the	the	DET
ajfa-5372	17	18	environment	environment	NOUN
ajfa-5372	17	19	etc	etc	X
ajfa-5372	17	20	.	.	X
ajfa-5372	18	1	companies	company	NOUN
ajfa-5372	18	2	tend	tend	VERB
ajfa-5372	18	3	to	to	PART
ajfa-5372	18	4	outperform	outperform	VERB
ajfa-5372	18	5	others	other	NOUN
ajfa-5372	18	6	,	,	PUNCT
ajfa-5372	18	7	suggesting	suggest	VERB
ajfa-5372	18	8	that	that	DET
ajfa-5372	18	9	value	value	NOUN
ajfa-5372	18	10	can	can	AUX
ajfa-5372	18	11	be	be	AUX
ajfa-5372	18	12	delivered	deliver	VERB
ajfa-5372	18	13	to	to	ADP
ajfa-5372	18	14	shareholders	shareholder	NOUN
ajfa-5372	18	15	only	only	ADV
ajfa-5372	18	16	if	if	SCONJ
ajfa-5372	18	17	it	it	PRON
ajfa-5372	18	18	is	be	AUX
ajfa-5372	18	19	first	first	ADV
ajfa-5372	18	20	delivered	deliver	VERB
ajfa-5372	18	21	to	to	ADP
ajfa-5372	18	22	other	other	ADJ
ajfa-5372	18	23	stakeholders	stakeholder	NOUN
ajfa-5372	18	24	.	.	PUNCT
ajfa-5372	19	1	value	value	NOUN
ajfa-5372	19	2	-	-	PUNCT
ajfa-5372	19	3	based	base	VERB
ajfa-5372	19	4	management	management	NOUN
ajfa-5372	19	5	strategies	strategy	NOUN
ajfa-5372	19	6	existed	exist	VERB
ajfa-5372	19	7	since	since	SCONJ
ajfa-5372	19	8	businesses	business	NOUN
ajfa-5372	19	9	evolved	evolve	VERB
ajfa-5372	19	10	.	.	PUNCT
ajfa-5372	20	1	under	under	ADP
ajfa-5372	20	2	eva	eva	NOUN
ajfa-5372	20	3	approach	approach	NOUN
ajfa-5372	20	4	performance	performance	NOUN
ajfa-5372	20	5	measurement	measurement	NOUN
ajfa-5372	20	6	gains	gain	VERB
ajfa-5372	20	7	a	a	DET
ajfa-5372	20	8	new	new	ADJ
ajfa-5372	20	9	meaning	meaning	NOUN
ajfa-5372	20	10	in	in	ADP
ajfa-5372	20	11	contrast	contrast	NOUN
ajfa-5372	20	12	with	with	ADP
ajfa-5372	20	13	the	the	DET
ajfa-5372	20	14	traditional	traditional	ADJ
ajfa-5372	20	15	approach	approach	NOUN
ajfa-5372	20	16	which	which	PRON
ajfa-5372	20	17	is	be	AUX
ajfa-5372	20	18	merely	merely	ADV
ajfa-5372	20	19	based	base	VERB
ajfa-5372	20	20	on	on	ADP
ajfa-5372	20	21	the	the	DET
ajfa-5372	20	22	simple	simple	ADJ
ajfa-5372	20	23	notions	notion	NOUN
ajfa-5372	20	24	of	of	ADP
ajfa-5372	20	25	accounting	accounting	NOUN
ajfa-5372	20	26	profits	profit	NOUN
ajfa-5372	20	27	and	and	CCONJ
ajfa-5372	20	28	the	the	DET
ajfa-5372	20	29	relevant	relevant	ADJ
ajfa-5372	20	30	ratios	ratio	NOUN
ajfa-5372	20	31	derived	derive	VERB
ajfa-5372	20	32	from	from	ADP
ajfa-5372	20	33	them	they	PRON
ajfa-5372	20	34	,	,	PUNCT
ajfa-5372	20	35	such	such	ADJ
ajfa-5372	20	36	as	as	ADP
ajfa-5372	20	37	the	the	DET
ajfa-5372	20	38	return	return	NOUN
ajfa-5372	20	39	on	on	ADP
ajfa-5372	20	40	equity	equity	NOUN
ajfa-5372	20	41	(	(	PUNCT
ajfa-5372	20	42	roe	roe	PROPN
ajfa-5372	20	43	)	)	PUNCT
ajfa-5372	20	44	and	and	CCONJ
ajfa-5372	20	45	the	the	DET
ajfa-5372	20	46	return	return	NOUN
ajfa-5372	20	47	on	on	ADP
ajfa-5372	20	48	assets	asset	NOUN
ajfa-5372	20	49	(	(	PUNCT
ajfa-5372	20	50	roa	roa	PROPN
ajfa-5372	20	51	)	)	PUNCT
ajfa-5372	20	52	.	.	PUNCT
ajfa-5372	21	1	the	the	DET
ajfa-5372	21	2	difference	difference	NOUN
ajfa-5372	21	3	is	be	AUX
ajfa-5372	21	4	that	that	SCONJ
ajfa-5372	21	5	the	the	DET
ajfa-5372	21	6	traditional	traditional	ADJ
ajfa-5372	21	7	performance	performance	NOUN
ajfa-5372	21	8	measurement	measurement	NOUN
ajfa-5372	21	9	benchmarks	benchmark	NOUN
ajfa-5372	21	10	do	do	AUX
ajfa-5372	21	11	not	not	PART
ajfa-5372	21	12	consider	consider	VERB
ajfa-5372	21	13	the	the	DET
ajfa-5372	21	14	cost	cost	NOUN
ajfa-5372	21	15	of	of	ADP
ajfa-5372	21	16	invested	invest	VERB
ajfa-5372	21	17	capital	capital	NOUN
ajfa-5372	21	18	(	(	PUNCT
ajfa-5372	21	19	equity	equity	NOUN
ajfa-5372	21	20	and	and	CCONJ
ajfa-5372	21	21	debt	debt	NOUN
ajfa-5372	21	22	)	)	PUNCT
ajfa-5372	21	23	in	in	ADP
ajfa-5372	21	24	order	order	NOUN
ajfa-5372	21	25	to	to	PART
ajfa-5372	21	26	generate	generate	VERB
ajfa-5372	21	27	the	the	DET
ajfa-5372	21	28	profits	profit	NOUN
ajfa-5372	21	29	made	make	VERB
ajfa-5372	21	30	by	by	ADP
ajfa-5372	21	31	a	a	DET
ajfa-5372	21	32	company	company	NOUN
ajfa-5372	21	33	.	.	PUNCT
ajfa-5372	22	1	thus	thus	ADV
ajfa-5372	22	2	,	,	PUNCT
ajfa-5372	22	3	under	under	ADP
ajfa-5372	22	4	the	the	DET
ajfa-5372	22	5	traditional	traditional	ADJ
ajfa-5372	22	6	approach	approach	NOUN
ajfa-5372	22	7	two	two	NUM
ajfa-5372	22	8	companies	company	NOUN
ajfa-5372	22	9	that	that	PRON
ajfa-5372	22	10	have	have	VERB
ajfa-5372	22	11	the	the	DET
ajfa-5372	22	12	same	same	ADJ
ajfa-5372	22	13	roe	roe	NOUN
ajfa-5372	22	14	would	would	AUX
ajfa-5372	22	15	be	be	AUX
ajfa-5372	22	16	considered	consider	VERB
ajfa-5372	22	17	as	as	ADP
ajfa-5372	22	18	equally	equally	ADV
ajfa-5372	22	19	successful	successful	ADJ
ajfa-5372	22	20	,	,	PUNCT
ajfa-5372	22	21	whereas	whereas	SCONJ
ajfa-5372	22	22	under	under	ADP
ajfa-5372	22	23	the	the	DET
ajfa-5372	22	24	eva	eva	NOUN
ajfa-5372	22	25	approach	approach	NOUN
ajfa-5372	22	26	the	the	DET
ajfa-5372	22	27	same	same	ADJ
ajfa-5372	22	28	conclusion	conclusion	NOUN
ajfa-5372	22	29	could	could	AUX
ajfa-5372	22	30	not	not	PART
ajfa-5372	22	31	be	be	AUX
ajfa-5372	22	32	reached	reach	VERB
ajfa-5372	22	33	if	if	SCONJ
ajfa-5372	22	34	these	these	DET
ajfa-5372	22	35	two	two	NUM
ajfa-5372	22	36	firms	firm	NOUN
ajfa-5372	22	37	had	have	VERB
ajfa-5372	22	38	a	a	DET
ajfa-5372	22	39	different	different	ADJ
ajfa-5372	22	40	cost	cost	NOUN
ajfa-5372	22	41	of	of	ADP
ajfa-5372	22	42	capital	capital	NOUN
ajfa-5372	22	43	,	,	PUNCT
ajfa-5372	22	44	in	in	ADP
ajfa-5372	22	45	other	other	ADJ
ajfa-5372	22	46	words	word	NOUN
ajfa-5372	22	47	if	if	SCONJ
ajfa-5372	22	48	their	their	PRON
ajfa-5372	22	49	economic	economic	ADJ
ajfa-5372	22	50	profit	profit	NOUN
ajfa-5372	22	51	or	or	CCONJ
ajfa-5372	22	52	residual	residual	ADJ
ajfa-5372	22	53	income	income	NOUN
ajfa-5372	22	54	was	be	AUX
ajfa-5372	22	55	different	different	ADJ
ajfa-5372	22	56	.	.	PUNCT
ajfa-5372	23	1	economic	economic	ADJ
ajfa-5372	23	2	value	value	NOUN
ajfa-5372	23	3	added	add	VERB
ajfa-5372	23	4	(	(	PUNCT
ajfa-5372	23	5	eva	eva	PROPN
ajfa-5372	23	6	)	)	PUNCT
ajfa-5372	23	7	is	be	AUX
ajfa-5372	23	8	proved	prove	VERB
ajfa-5372	23	9	to	to	PART
ajfa-5372	23	10	be	be	AUX
ajfa-5372	23	11	the	the	DET
ajfa-5372	23	12	best	well	ADV
ajfa-5372	23	13	metric	metric	ADJ
ajfa-5372	23	14	available	available	ADJ
ajfa-5372	23	15	because	because	SCONJ
ajfa-5372	23	16	the	the	DET
ajfa-5372	23	17	other	other	ADJ
ajfa-5372	23	18	measures	measure	NOUN
ajfa-5372	23	19	have	have	VERB
ajfa-5372	23	20	significant	significant	ADJ
ajfa-5372	23	21	drawbacks	drawback	NOUN
ajfa-5372	23	22	:	:	PUNCT
ajfa-5372	23	23	1	1	X
ajfa-5372	23	24	.	.	X
ajfa-5372	23	25	traditional	traditional	ADJ
ajfa-5372	23	26	income	income	NOUN
ajfa-5372	23	27	measures	measure	NOUN
ajfa-5372	23	28	,	,	PUNCT
ajfa-5372	23	29	including	include	VERB
ajfa-5372	23	30	net	net	ADJ
ajfa-5372	23	31	income	income	NOUN
ajfa-5372	23	32	and	and	CCONJ
ajfa-5372	23	33	earnings	earning	NOUN
ajfa-5372	23	34	per	per	ADP
ajfa-5372	23	35	share	share	NOUN
ajfa-5372	23	36	,	,	PUNCT
ajfa-5372	23	37	can	can	AUX
ajfa-5372	23	38	be	be	AUX
ajfa-5372	23	39	easily	easily	ADV
ajfa-5372	23	40	manipulated	manipulate	VERB
ajfa-5372	23	41	,	,	PUNCT
ajfa-5372	23	42	and	and	CCONJ
ajfa-5372	23	43	they	they	PRON
ajfa-5372	23	44	do	do	AUX
ajfa-5372	23	45	not	not	PART
ajfa-5372	23	46	account	account	VERB
ajfa-5372	23	47	for	for	ADP
ajfa-5372	23	48	the	the	DET
ajfa-5372	23	49	cost	cost	NOUN
ajfa-5372	23	50	of	of	ADP
ajfa-5372	23	51	equity	equity	NOUN
ajfa-5372	23	52	.	.	PUNCT
ajfa-5372	24	1	2	2	X
ajfa-5372	24	2	.	.	X
ajfa-5372	24	3	market	market	NOUN
ajfa-5372	24	4	-	-	PUNCT
ajfa-5372	24	5	based	base	VERB
ajfa-5372	24	6	measures	measure	NOUN
ajfa-5372	24	7	,	,	PUNCT
ajfa-5372	24	8	including	include	VERB
ajfa-5372	24	9	market	market	NOUN
ajfa-5372	24	10	value	value	NOUN
ajfa-5372	24	11	added	add	VERB
ajfa-5372	24	12	(	(	PUNCT
ajfa-5372	24	13	mva	mva	NOUN
ajfa-5372	24	14	)	)	PUNCT
ajfa-5372	24	15	,	,	PUNCT
ajfa-5372	24	16	excess	excess	ADJ
ajfa-5372	24	17	return	return	NOUN
ajfa-5372	24	18	and	and	CCONJ
ajfa-5372	24	19	future	future	ADJ
ajfa-5372	24	20	growth	growth	NOUN
ajfa-5372	24	21	value	value	NOUN
ajfa-5372	24	22	(	(	PUNCT
ajfa-5372	24	23	fgv	fgv	NOUN
ajfa-5372	24	24	)	)	PUNCT
ajfa-5372	24	25	,	,	PUNCT
ajfa-5372	24	26	can	can	AUX
ajfa-5372	24	27	only	only	ADV
ajfa-5372	24	28	be	be	AUX
ajfa-5372	24	29	calculated	calculate	VERB
ajfa-5372	24	30	for	for	ADP
ajfa-5372	24	31	publicly	publicly	ADV
ajfa-5372	24	32	-	-	PUNCT
ajfa-5372	24	33	traded	trade	VERB
ajfa-5372	24	34	entities	entity	NOUN
ajfa-5372	24	35	.	.	PUNCT
ajfa-5372	25	1	3	3	X
ajfa-5372	25	2	.	.	X
ajfa-5372	25	3	cash	cash	NOUN
ajfa-5372	25	4	flow	flow	NOUN
ajfa-5372	25	5	measures	measure	NOUN
ajfa-5372	25	6	,	,	PUNCT
ajfa-5372	25	7	including	include	VERB
ajfa-5372	25	8	cash	cash	NOUN
ajfa-5372	25	9	flow	flow	NOUN
ajfa-5372	25	10	from	from	ADP
ajfa-5372	25	11	operations	operation	NOUN
ajfa-5372	25	12	(	(	PUNCT
ajfa-5372	25	13	cfo	cfo	NOUN
ajfa-5372	25	14	)	)	PUNCT
ajfa-5372	25	15	and	and	CCONJ
ajfa-5372	25	16	cash	cash	NOUN
ajfa-5372	25	17	flow	flow	NOUN
ajfa-5372	25	18	return	return	NOUN
ajfa-5372	25	19	on	on	ADP
ajfa-5372	25	20	investment	investment	NOUN
ajfa-5372	25	21	(	(	PUNCT
ajfa-5372	25	22	cfroi	cfroi	NOUN
ajfa-5372	25	23	)	)	PUNCT
ajfa-5372	25	24	,	,	PUNCT
ajfa-5372	25	25	include	include	VERB
ajfa-5372	25	26	neither	neither	CCONJ
ajfa-5372	25	27	the	the	DET
ajfa-5372	25	28	cost	cost	NOUN
ajfa-5372	25	29	of	of	ADP
ajfa-5372	25	30	equity	equity	NOUN
ajfa-5372	25	31	nor	nor	CCONJ
ajfa-5372	25	32	the	the	DET
ajfa-5372	25	33	cost	cost	NOUN
ajfa-5372	25	34	of	of	ADP
ajfa-5372	25	35	debt	debt	NOUN
ajfa-5372	25	36	.	.	PUNCT
ajfa-5372	26	1	eva	eva	PROPN
ajfa-5372	26	2	is	be	AUX
ajfa-5372	26	3	highly	highly	ADV
ajfa-5372	26	4	accurate	accurate	ADJ
ajfa-5372	26	5	because	because	SCONJ
ajfa-5372	26	6	it	it	PRON
ajfa-5372	26	7	includes	include	VERB
ajfa-5372	26	8	the	the	DET
ajfa-5372	26	9	cost	cost	NOUN
ajfa-5372	26	10	of	of	ADP
ajfa-5372	26	11	debt	debt	NOUN
ajfa-5372	26	12	financing	financing	NOUN
ajfa-5372	26	13	and	and	CCONJ
ajfa-5372	26	14	equity	equity	NOUN
ajfa-5372	26	15	financing	financing	NOUN
ajfa-5372	26	16	.	.	PUNCT
ajfa-5372	27	1	it	it	PRON
ajfa-5372	27	2	is	be	AUX
ajfa-5372	27	3	a	a	DET
ajfa-5372	27	4	motivational	motivational	ADJ
ajfa-5372	27	5	tool	tool	NOUN
ajfa-5372	27	6	deep	deep	ADV
ajfa-5372	27	7	within	within	ADP
ajfa-5372	27	8	the	the	DET
ajfa-5372	27	9	organization	organization	NOUN
ajfa-5372	27	10	.	.	PUNCT
ajfa-5372	28	1	traditional	traditional	ADJ
ajfa-5372	28	2	managers	manager	NOUN
ajfa-5372	28	3	understand	understand	VERB
ajfa-5372	28	4	that	that	SCONJ
ajfa-5372	28	5	their	their	PRON
ajfa-5372	28	6	companies	company	NOUN
ajfa-5372	28	7	need	need	VERB
ajfa-5372	28	8	to	to	PART
ajfa-5372	28	9	control	control	VERB
ajfa-5372	28	10	operating	operating	NOUN
ajfa-5372	28	11	costs	cost	NOUN
ajfa-5372	28	12	and	and	CCONJ
ajfa-5372	28	13	succeed	succeed	VERB
ajfa-5372	28	14	in	in	ADP
ajfa-5372	28	15	the	the	DET
ajfa-5372	28	16	commercial	commercial	ADJ
ajfa-5372	28	17	markets	market	NOUN
ajfa-5372	28	18	.	.	PUNCT
ajfa-5372	29	1	today	today	NOUN
ajfa-5372	29	2	,	,	PUNCT
ajfa-5372	29	3	companies	company	NOUN
ajfa-5372	29	4	also	also	ADV
ajfa-5372	29	5	must	must	AUX
ajfa-5372	29	6	compete	compete	VERB
ajfa-5372	29	7	in	in	ADP
ajfa-5372	29	8	the	the	DET
ajfa-5372	29	9	capital	capital	NOUN
ajfa-5372	29	10	markets	market	NOUN
ajfa-5372	29	11	by	by	ADP
ajfa-5372	29	12	keeping	keep	VERB
ajfa-5372	29	13	their	their	PRON
ajfa-5372	29	14	cost	cost	NOUN
ajfa-5372	29	15	of	of	ADP
ajfa-5372	29	16	capital	capital	NOUN
ajfa-5372	29	17	low	low	ADJ
ajfa-5372	29	18	.	.	PUNCT
ajfa-5372	30	1	eva	eva	NOUN
ajfa-5372	30	2	measures	measure	NOUN
ajfa-5372	30	3	residual	residual	ADJ
ajfa-5372	30	4	income	income	NOUN
ajfa-5372	30	5	;	;	PUNCT
ajfa-5372	30	6	that	that	PRON
ajfa-5372	30	7	is	is	ADV
ajfa-5372	30	8	,	,	PUNCT
ajfa-5372	30	9	it	it	PRON
ajfa-5372	30	10	measures	measure	VERB
ajfa-5372	30	11	the	the	DET
ajfa-5372	30	12	difference	difference	NOUN
ajfa-5372	30	13	between	between	ADP
ajfa-5372	30	14	a	a	DET
ajfa-5372	30	15	firm	firm	NOUN
ajfa-5372	30	16	’s	’s	PART
ajfa-5372	30	17	cost	cost	NOUN
ajfa-5372	30	18	of	of	ADP
ajfa-5372	30	19	capital	capital	NOUN
ajfa-5372	30	20	and	and	CCONJ
ajfa-5372	30	21	return	return	VERB
ajfa-5372	30	22	on	on	ADP
ajfa-5372	30	23	capital	capital	NOUN
ajfa-5372	30	24	.	.	PUNCT
ajfa-5372	31	1	eva	eva	PROPN
ajfa-5372	31	2	is	be	AUX
ajfa-5372	31	3	expressed	express	VERB
ajfa-5372	31	4	as	as	ADP
ajfa-5372	31	5	either	either	CCONJ
ajfa-5372	31	6	a	a	DET
ajfa-5372	31	7	positive	positive	ADJ
ajfa-5372	31	8	or	or	CCONJ
ajfa-5372	31	9	negative	negative	ADJ
ajfa-5372	31	10	.	.	PUNCT
ajfa-5372	32	1	to	to	PART
ajfa-5372	32	2	calculate	calculate	VERB
ajfa-5372	32	3	eva	eva	PROPN
ajfa-5372	32	4	,	,	PUNCT
ajfa-5372	32	5	assign	assign	VERB
ajfa-5372	32	6	a	a	DET
ajfa-5372	32	7	cost	cost	NOUN
ajfa-5372	32	8	to	to	ADP
ajfa-5372	32	9	each	each	DET
ajfa-5372	32	10	component	component	NOUN
ajfa-5372	32	11	of	of	ADP
ajfa-5372	32	12	your	your	PRON
ajfa-5372	32	13	firm	firm	NOUN
ajfa-5372	32	14	’s	’s	PART
ajfa-5372	32	15	financing	financing	NOUN
ajfa-5372	32	16	(	(	PUNCT
ajfa-5372	32	17	equity	equity	NOUN
ajfa-5372	32	18	and	and	CCONJ
ajfa-5372	32	19	shortand	shortand	NOUN
ajfa-5372	32	20	long	long	ADJ
ajfa-5372	32	21	-	-	PUNCT
ajfa-5372	32	22	term	term	NOUN
ajfa-5372	32	23	debt	debt	NOUN
ajfa-5372	32	24	)	)	PUNCT
ajfa-5372	32	25	.	.	PUNCT
ajfa-5372	33	1	the	the	DET
ajfa-5372	33	2	resulting	result	VERB
ajfa-5372	33	3	weighted	weight	VERB
ajfa-5372	33	4	average	average	ADJ
ajfa-5372	33	5	cost	cost	NOUN
ajfa-5372	33	6	of	of	ADP
ajfa-5372	33	7	capital	capital	NOUN
ajfa-5372	33	8	(	(	PUNCT
ajfa-5372	33	9	wacc	wacc	PROPN
ajfa-5372	33	10	)	)	PUNCT
ajfa-5372	33	11	is	be	AUX
ajfa-5372	33	12	one	one	NUM
ajfa-5372	33	13	of	of	ADP
ajfa-5372	33	14	eva	eva	PROPN
ajfa-5372	33	15	’s	’s	PART
ajfa-5372	33	16	asian	asian	PROPN
ajfa-5372	33	17	journal	journal	NOUN
ajfa-5372	33	18	of	of	ADP
ajfa-5372	33	19	finance	finance	PROPN
ajfa-5372	33	20	&	&	CCONJ
ajfa-5372	33	21	accounting	accounting	PROPN
ajfa-5372	33	22	issn	issn	PROPN
ajfa-5372	33	23	1946	1946	NUM
ajfa-5372	33	24	-	-	PUNCT
ajfa-5372	33	25	052x	052x	PROPN
ajfa-5372	33	26	2014	2014	NUM
ajfa-5372	33	27	,	,	PUNCT
ajfa-5372	33	28	vol	vol	NOUN
ajfa-5372	33	29	.	.	PROPN
ajfa-5372	33	30	6	6	NUM
ajfa-5372	33	31	,	,	PUNCT
ajfa-5372	33	32	no	no	INTJ
ajfa-5372	33	33	.	.	NOUN
ajfa-5372	33	34	1	1	NUM
ajfa-5372	33	35	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5372	33	36	390	390	NUM
ajfa-5372	33	37	most	most	ADV
ajfa-5372	33	38	important	important	ADJ
ajfa-5372	33	39	components	component	NOUN
ajfa-5372	33	40	.	.	PUNCT
ajfa-5372	34	1	it	it	PRON
ajfa-5372	34	2	requires	require	VERB
ajfa-5372	34	3	transparent	transparent	ADJ
ajfa-5372	34	4	,	,	PUNCT
ajfa-5372	34	5	credible	credible	ADJ
ajfa-5372	34	6	calculation	calculation	NOUN
ajfa-5372	34	7	,	,	PUNCT
ajfa-5372	34	8	because	because	SCONJ
ajfa-5372	34	9	there	there	PRON
ajfa-5372	34	10	are	be	VERB
ajfa-5372	34	11	differing	differ	VERB
ajfa-5372	34	12	ways	way	NOUN
ajfa-5372	34	13	of	of	ADP
ajfa-5372	34	14	assigning	assign	VERB
ajfa-5372	34	15	costs	cost	NOUN
ajfa-5372	34	16	to	to	ADP
ajfa-5372	34	17	capital	capital	NOUN
ajfa-5372	34	18	(	(	PUNCT
ajfa-5372	34	19	in	in	ADP
ajfa-5372	34	20	particular	particular	ADJ
ajfa-5372	34	21	,	,	PUNCT
ajfa-5372	34	22	to	to	ADP
ajfa-5372	34	23	equity	equity	NOUN
ajfa-5372	34	24	financing	financing	NOUN
ajfa-5372	34	25	)	)	PUNCT
ajfa-5372	34	26	.	.	PUNCT
ajfa-5372	35	1	the	the	DET
ajfa-5372	35	2	simplest	simple	ADJ
ajfa-5372	35	3	way	way	NOUN
ajfa-5372	35	4	to	to	PART
ajfa-5372	35	5	calculate	calculate	VERB
ajfa-5372	35	6	eva	eva	PROPN
ajfa-5372	35	7	is	be	AUX
ajfa-5372	35	8	to	to	PART
ajfa-5372	35	9	subtract	subtract	VERB
ajfa-5372	35	10	capital	capital	NOUN
ajfa-5372	35	11	charges	charge	NOUN
ajfa-5372	35	12	(	(	PUNCT
ajfa-5372	35	13	invested	invest	VERB
ajfa-5372	35	14	capital	capital	NOUN
ajfa-5372	35	15	multiplied	multiply	VERB
ajfa-5372	35	16	by	by	ADP
ajfa-5372	35	17	the	the	DET
ajfa-5372	35	18	wacc	wacc	PROPN
ajfa-5372	35	19	)	)	PUNCT
ajfa-5372	35	20	from	from	ADP
ajfa-5372	35	21	net	net	ADJ
ajfa-5372	35	22	operating	operating	NOUN
ajfa-5372	35	23	profit	profit	NOUN
ajfa-5372	35	24	after	after	ADP
ajfa-5372	35	25	taxes	taxis	NOUN
ajfa-5372	35	26	(	(	PUNCT
ajfa-5372	35	27	nopat	nopat	PROPN
ajfa-5372	35	28	)	)	PUNCT
ajfa-5372	35	29	.	.	PUNCT
ajfa-5372	36	1	eva	eva	PROPN
ajfa-5372	36	2	can	can	AUX
ajfa-5372	36	3	be	be	AUX
ajfa-5372	36	4	increased	increase	VERB
ajfa-5372	36	5	in	in	ADP
ajfa-5372	36	6	several	several	ADJ
ajfa-5372	36	7	ways	way	NOUN
ajfa-5372	36	8	,	,	PUNCT
ajfa-5372	36	9	by	by	ADP
ajfa-5372	36	10	:	:	SYM
ajfa-5372	36	11	1	1	X
ajfa-5372	36	12	)	)	PUNCT
ajfa-5372	36	13	increasing	increase	VERB
ajfa-5372	36	14	nopat	nopat	NOUN
ajfa-5372	36	15	;	;	PUNCT
ajfa-5372	36	16	2	2	X
ajfa-5372	36	17	)	)	PUNCT
ajfa-5372	36	18	lowering	lower	VERB
ajfa-5372	36	19	the	the	DET
ajfa-5372	36	20	wacc	wacc	NOUN
ajfa-5372	36	21	;	;	PUNCT
ajfa-5372	36	22	and	and	CCONJ
ajfa-5372	36	23	3	3	X
ajfa-5372	36	24	)	)	PUNCT
ajfa-5372	36	25	reducing	reduce	VERB
ajfa-5372	36	26	invested	invest	VERB
ajfa-5372	36	27	capital	capital	NOUN
ajfa-5372	36	28	.	.	PUNCT
ajfa-5372	37	1	often	often	ADV
ajfa-5372	37	2	,	,	PUNCT
ajfa-5372	37	3	companies	company	NOUN
ajfa-5372	37	4	refine	refine	VERB
ajfa-5372	37	5	their	their	PRON
ajfa-5372	37	6	eva	eva	NOUN
ajfa-5372	37	7	calculations	calculation	NOUN
ajfa-5372	37	8	by	by	ADP
ajfa-5372	37	9	making	make	VERB
ajfa-5372	37	10	accounting	accounting	NOUN
ajfa-5372	37	11	adjustments	adjustment	NOUN
ajfa-5372	37	12	to	to	PART
ajfa-5372	37	13	overcome	overcome	VERB
ajfa-5372	37	14	the	the	DET
ajfa-5372	37	15	inherent	inherent	ADJ
ajfa-5372	37	16	limitations	limitation	NOUN
ajfa-5372	37	17	in	in	ADP
ajfa-5372	37	18	generally	generally	ADV
ajfa-5372	37	19	accepted	accept	VERB
ajfa-5372	37	20	accounting	accounting	NOUN
ajfa-5372	37	21	principles	principle	NOUN
ajfa-5372	37	22	(	(	PUNCT
ajfa-5372	37	23	gaap	gaap	PROPN
ajfa-5372	37	24	)	)	PUNCT
ajfa-5372	37	25	.	.	PUNCT
ajfa-5372	38	1	literature	literature	PROPN
ajfa-5372	38	2	review	review	PROPN
ajfa-5372	38	3	studies	study	NOUN
ajfa-5372	38	4	on	on	ADP
ajfa-5372	38	5	eva	eva	PROPN
ajfa-5372	38	6	began	begin	VERB
ajfa-5372	38	7	with	with	ADP
ajfa-5372	38	8	the	the	DET
ajfa-5372	38	9	publication	publication	NOUN
ajfa-5372	38	10	of	of	ADP
ajfa-5372	38	11	the	the	DET
ajfa-5372	38	12	book	book	NOUN
ajfa-5372	38	13	‘	'	PUNCT
ajfa-5372	38	14	the	the	DET
ajfa-5372	38	15	quest	quest	NOUN
ajfa-5372	38	16	for	for	ADP
ajfa-5372	38	17	value	value	NOUN
ajfa-5372	38	18	by	by	ADP
ajfa-5372	38	19	stewart	stewart	PROPN
ajfa-5372	38	20	(	(	PUNCT
ajfa-5372	38	21	1991	1991	NUM
ajfa-5372	38	22	)	)	PUNCT
ajfa-5372	38	23	,	,	PUNCT
ajfa-5372	38	24	in	in	ADP
ajfa-5372	38	25	which	which	PRON
ajfa-5372	38	26	the	the	DET
ajfa-5372	38	27	author	author	NOUN
ajfa-5372	38	28	expressed	express	VERB
ajfa-5372	38	29	his	his	PRON
ajfa-5372	38	30	views	view	NOUN
ajfa-5372	38	31	about	about	ADP
ajfa-5372	38	32	the	the	DET
ajfa-5372	38	33	usefulness	usefulness	NOUN
ajfa-5372	38	34	of	of	ADP
ajfa-5372	38	35	eva	eva	NOUN
ajfa-5372	38	36	as	as	ADP
ajfa-5372	38	37	the	the	DET
ajfa-5372	38	38	basis	basis	NOUN
ajfa-5372	38	39	of	of	ADP
ajfa-5372	38	40	performance	performance	NOUN
ajfa-5372	38	41	measurement	measurement	NOUN
ajfa-5372	38	42	of	of	ADP
ajfa-5372	38	43	a	a	DET
ajfa-5372	38	44	company	company	NOUN
ajfa-5372	38	45	and	and	CCONJ
ajfa-5372	38	46	its	its	PRON
ajfa-5372	38	47	management	management	NOUN
ajfa-5372	38	48	at	at	ADP
ajfa-5372	38	49	a	a	DET
ajfa-5372	38	50	total	total	NOUN
ajfa-5372	38	51	or	or	CCONJ
ajfa-5372	38	52	a	a	DET
ajfa-5372	38	53	divisional	divisional	ADJ
ajfa-5372	38	54	level	level	NOUN
ajfa-5372	38	55	.	.	PUNCT
ajfa-5372	39	1	in	in	ADP
ajfa-5372	39	2	his	his	PRON
ajfa-5372	39	3	empirical	empirical	ADJ
ajfa-5372	39	4	research	research	NOUN
ajfa-5372	39	5	he	he	PRON
ajfa-5372	39	6	examined	examine	VERB
ajfa-5372	39	7	the	the	DET
ajfa-5372	39	8	informational	informational	ADJ
ajfa-5372	39	9	content	content	NOUN
ajfa-5372	39	10	of	of	ADP
ajfa-5372	39	11	eva	eva	NOUN
ajfa-5372	39	12	analyzing	analyze	VERB
ajfa-5372	39	13	613	613	NUM
ajfa-5372	39	14	american	american	ADJ
ajfa-5372	39	15	companies	company	NOUN
ajfa-5372	39	16	comparing	compare	VERB
ajfa-5372	39	17	two	two	NUM
ajfa-5372	39	18	periods	period	NOUN
ajfa-5372	39	19	,	,	PUNCT
ajfa-5372	39	20	namely	namely	ADV
ajfa-5372	39	21	1984–85	1984–85	NUM
ajfa-5372	39	22	and	and	CCONJ
ajfa-5372	39	23	1987–88	1987–88	NUM
ajfa-5372	39	24	and	and	CCONJ
ajfa-5372	39	25	found	find	VERB
ajfa-5372	39	26	a	a	DET
ajfa-5372	39	27	strong	strong	ADJ
ajfa-5372	39	28	correlation	correlation	NOUN
ajfa-5372	39	29	between	between	ADP
ajfa-5372	39	30	eva	eva	PROPN
ajfa-5372	39	31	and	and	CCONJ
ajfa-5372	39	32	mva	mva	PROPN
ajfa-5372	39	33	,	,	PUNCT
ajfa-5372	39	34	which	which	PRON
ajfa-5372	39	35	becomes	become	VERB
ajfa-5372	39	36	more	more	ADV
ajfa-5372	39	37	apparent	apparent	ADJ
ajfa-5372	39	38	when	when	SCONJ
ajfa-5372	39	39	the	the	DET
ajfa-5372	39	40	changes	change	NOUN
ajfa-5372	39	41	in	in	ADP
ajfa-5372	39	42	eva	eva	PROPN
ajfa-5372	39	43	and	and	CCONJ
ajfa-5372	39	44	mva	mva	NOUN
ajfa-5372	39	45	are	be	AUX
ajfa-5372	39	46	considered	consider	VERB
ajfa-5372	39	47	giving	give	VERB
ajfa-5372	39	48	an	an	DET
ajfa-5372	39	49	r2	r2	NOUN
ajfa-5372	39	50	of	of	ADP
ajfa-5372	39	51	about	about	ADV
ajfa-5372	39	52	97	97	NUM
ajfa-5372	39	53	%	%	NOUN
ajfa-5372	39	54	.	.	PUNCT
ajfa-5372	40	1	however	however	ADV
ajfa-5372	40	2	,	,	PUNCT
ajfa-5372	40	3	for	for	ADP
ajfa-5372	40	4	companies	company	NOUN
ajfa-5372	40	5	with	with	ADP
ajfa-5372	40	6	a	a	DET
ajfa-5372	40	7	negative	negative	ADJ
ajfa-5372	40	8	eva	eva	NOUN
ajfa-5372	40	9	the	the	DET
ajfa-5372	40	10	association	association	NOUN
ajfa-5372	40	11	becomes	become	VERB
ajfa-5372	40	12	less	less	ADV
ajfa-5372	40	13	obvious	obvious	ADJ
ajfa-5372	40	14	,	,	PUNCT
ajfa-5372	40	15	because	because	SCONJ
ajfa-5372	40	16	of	of	ADP
ajfa-5372	40	17	the	the	DET
ajfa-5372	40	18	increased	increase	VERB
ajfa-5372	40	19	probability	probability	NOUN
ajfa-5372	40	20	of	of	ADP
ajfa-5372	40	21	liquidation	liquidation	NOUN
ajfa-5372	40	22	or	or	CCONJ
ajfa-5372	40	23	acquisition	acquisition	NOUN
ajfa-5372	40	24	,	,	PUNCT
ajfa-5372	40	25	which	which	PRON
ajfa-5372	40	26	sets	set	VERB
ajfa-5372	40	27	a	a	DET
ajfa-5372	40	28	lower	low	ADJ
ajfa-5372	40	29	limit	limit	NOUN
ajfa-5372	40	30	on	on	ADP
ajfa-5372	40	31	the	the	DET
ajfa-5372	40	32	market	market	NOUN
ajfa-5372	40	33	value	value	NOUN
ajfa-5372	40	34	of	of	ADP
ajfa-5372	40	35	these	these	DET
ajfa-5372	40	36	companies	company	NOUN
ajfa-5372	40	37	.	.	PUNCT
ajfa-5372	41	1	david	david	PROPN
ajfa-5372	41	2	crowther	crowther	PROPN
ajfa-5372	41	3	,	,	PUNCT
ajfa-5372	41	4	et.al	et.al	PROPN
ajfa-5372	41	5	.	.	PUNCT
ajfa-5372	42	1	(	(	PUNCT
ajfa-5372	42	2	1998	1998	NUM
ajfa-5372	42	3	)	)	PUNCT
ajfa-5372	42	4	critiques	critique	VERB
ajfa-5372	42	5	economic	economic	ADJ
ajfa-5372	42	6	value	value	NOUN
ajfa-5372	42	7	added	add	VERB
ajfa-5372	42	8	techniques	technique	NOUN
ajfa-5372	42	9	as	as	ADP
ajfa-5372	42	10	a	a	DET
ajfa-5372	42	11	means	means	NOUN
ajfa-5372	42	12	of	of	ADP
ajfa-5372	42	13	calculating	calculate	VERB
ajfa-5372	42	14	changes	change	NOUN
ajfa-5372	42	15	in	in	ADP
ajfa-5372	42	16	shareholder	shareholder	NOUN
ajfa-5372	42	17	value	value	NOUN
ajfa-5372	42	18	,	,	PUNCT
ajfa-5372	42	19	contrasting	contrast	VERB
ajfa-5372	42	20	such	such	ADJ
ajfa-5372	42	21	techniques	technique	NOUN
ajfa-5372	42	22	with	with	ADP
ajfa-5372	42	23	more	more	ADV
ajfa-5372	42	24	traditional	traditional	ADJ
ajfa-5372	42	25	techniques	technique	NOUN
ajfa-5372	42	26	of	of	ADP
ajfa-5372	42	27	measuring	measure	VERB
ajfa-5372	42	28	value	value	NOUN
ajfa-5372	42	29	added	add	VERB
ajfa-5372	42	30	.	.	PUNCT
ajfa-5372	43	1	it	it	PRON
ajfa-5372	43	2	considers	consider	VERB
ajfa-5372	43	3	the	the	DET
ajfa-5372	43	4	merits	merit	NOUN
ajfa-5372	43	5	of	of	ADP
ajfa-5372	43	6	the	the	DET
ajfa-5372	43	7	respective	respective	ADJ
ajfa-5372	43	8	techniques	technique	NOUN
ajfa-5372	43	9	in	in	ADP
ajfa-5372	43	10	explaining	explain	VERB
ajfa-5372	43	11	shareholder	shareholder	NOUN
ajfa-5372	43	12	and	and	CCONJ
ajfa-5372	43	13	managerial	managerial	ADJ
ajfa-5372	43	14	behaviour	behaviour	NOUN
ajfa-5372	43	15	and	and	CCONJ
ajfa-5372	43	16	the	the	DET
ajfa-5372	43	17	problems	problem	NOUN
ajfa-5372	43	18	with	with	ADP
ajfa-5372	43	19	using	use	VERB
ajfa-5372	43	20	such	such	ADJ
ajfa-5372	43	21	techniques	technique	NOUN
ajfa-5372	43	22	in	in	ADP
ajfa-5372	43	23	considering	consider	VERB
ajfa-5372	43	24	the	the	DET
ajfa-5372	43	25	wider	wide	ADJ
ajfa-5372	43	26	stakeholder	stakeholder	NOUN
ajfa-5372	43	27	concept	concept	NOUN
ajfa-5372	43	28	of	of	ADP
ajfa-5372	43	29	value	value	NOUN
ajfa-5372	43	30	.	.	PUNCT
ajfa-5372	44	1	it	it	PRON
ajfa-5372	44	2	concludes	conclude	VERB
ajfa-5372	44	3	that	that	SCONJ
ajfa-5372	44	4	this	this	DET
ajfa-5372	44	5	economic	economic	ADJ
ajfa-5372	44	6	value	value	NOUN
ajfa-5372	44	7	added	add	VERB
ajfa-5372	44	8	technique	technique	NOUN
ajfa-5372	44	9	has	have	VERB
ajfa-5372	44	10	merits	merit	NOUN
ajfa-5372	44	11	when	when	SCONJ
ajfa-5372	44	12	compared	compare	VERB
ajfa-5372	44	13	with	with	ADP
ajfa-5372	44	14	traditional	traditional	ADJ
ajfa-5372	44	15	accounting	accounting	NOUN
ajfa-5372	44	16	measures	measure	NOUN
ajfa-5372	44	17	of	of	ADP
ajfa-5372	44	18	performance	performance	NOUN
ajfa-5372	44	19	but	but	CCONJ
ajfa-5372	44	20	that	that	SCONJ
ajfa-5372	44	21	it	it	PRON
ajfa-5372	44	22	does	do	AUX
ajfa-5372	44	23	not	not	PART
ajfa-5372	44	24	provide	provide	VERB
ajfa-5372	44	25	the	the	DET
ajfa-5372	44	26	universal	universal	ADJ
ajfa-5372	44	27	panacea	panacea	NOUN
ajfa-5372	44	28	claimed	claim	VERB
ajfa-5372	44	29	by	by	ADP
ajfa-5372	44	30	its	its	PRON
ajfa-5372	44	31	proponents	proponent	NOUN
ajfa-5372	44	32	.	.	PUNCT
ajfa-5372	45	1	banerjee	banerjee	PROPN
ajfa-5372	45	2	and	and	CCONJ
ajfa-5372	45	3	jain	jain	PROPN
ajfa-5372	45	4	(	(	PUNCT
ajfa-5372	45	5	1999	1999	NUM
ajfa-5372	45	6	)	)	PUNCT
ajfa-5372	45	7	attempted	attempt	VERB
ajfa-5372	45	8	to	to	PART
ajfa-5372	45	9	trace	trace	VERB
ajfa-5372	45	10	out	out	ADP
ajfa-5372	45	11	the	the	DET
ajfa-5372	45	12	explanatory	explanatory	ADJ
ajfa-5372	45	13	influence	influence	NOUN
ajfa-5372	45	14	of	of	ADP
ajfa-5372	45	15	eva	eva	NOUN
ajfa-5372	45	16	on	on	ADP
ajfa-5372	45	17	shareholders	shareholder	NOUN
ajfa-5372	45	18	;	;	PUNCT
ajfa-5372	45	19	value	value	NOUN
ajfa-5372	45	20	.	.	PUNCT
ajfa-5372	46	1	having	having	AUX
ajfa-5372	46	2	adopted	adopt	VERB
ajfa-5372	46	3	backward	backward	ADJ
ajfa-5372	46	4	elimination	elimination	NOUN
ajfa-5372	46	5	method	method	NOUN
ajfa-5372	46	6	,	,	PUNCT
ajfa-5372	46	7	they	they	PRON
ajfa-5372	46	8	evidenced	evidence	VERB
ajfa-5372	46	9	that	that	SCONJ
ajfa-5372	46	10	,	,	PUNCT
ajfa-5372	46	11	inter	inter	PROPN
ajfa-5372	46	12	alia	alia	PROPN
ajfa-5372	46	13	,	,	PUNCT
ajfa-5372	46	14	eva	eva	PROPN
ajfa-5372	46	15	was	be	AUX
ajfa-5372	46	16	the	the	DET
ajfa-5372	46	17	most	most	ADV
ajfa-5372	46	18	powerful	powerful	ADJ
ajfa-5372	46	19	explanatory	explanatory	ADJ
ajfa-5372	46	20	variable	variable	NOUN
ajfa-5372	46	21	on	on	ADP
ajfa-5372	46	22	shareholders	shareholder	NOUN
ajfa-5372	46	23	’	'	PUNCT
ajfa-5372	46	24	value	value	NOUN
ajfa-5372	46	25	.	.	PUNCT
ajfa-5372	47	1	in	in	ADP
ajfa-5372	47	2	line	line	NOUN
ajfa-5372	47	3	with	with	ADP
ajfa-5372	47	4	this	this	DET
ajfa-5372	47	5	finding	finding	NOUN
ajfa-5372	47	6	,	,	PUNCT
ajfa-5372	47	7	farsio	farsio	ADJ
ajfa-5372	47	8	,	,	PUNCT
ajfa-5372	47	9	degel	degel	NOUN
ajfa-5372	47	10	and	and	CCONJ
ajfa-5372	47	11	degner	degner	NOUN
ajfa-5372	47	12	(	(	PUNCT
ajfa-5372	47	13	2000	2000	NUM
ajfa-5372	47	14	)	)	PUNCT
ajfa-5372	47	15	found	find	VERB
ajfa-5372	47	16	out	out	ADP
ajfa-5372	47	17	that	that	SCONJ
ajfa-5372	47	18	shareholders	shareholder	NOUN
ajfa-5372	47	19	’	'	PUNCT
ajfa-5372	47	20	value	value	NOUN
ajfa-5372	47	21	creation	creation	NOUN
ajfa-5372	47	22	was	be	AUX
ajfa-5372	47	23	measured	measure	VERB
ajfa-5372	47	24	primarily	primarily	ADV
ajfa-5372	47	25	on	on	ADP
ajfa-5372	47	26	the	the	DET
ajfa-5372	47	27	basis	basis	NOUN
ajfa-5372	47	28	of	of	ADP
ajfa-5372	47	29	eva	eva	PROPN
ajfa-5372	47	30	and	and	CCONJ
ajfa-5372	47	31	eva	eva	NOUN
ajfa-5372	47	32	was	be	AUX
ajfa-5372	47	33	only	only	ADV
ajfa-5372	47	34	the	the	DET
ajfa-5372	47	35	factor	factor	NOUN
ajfa-5372	47	36	explaining	explain	VERB
ajfa-5372	47	37	the	the	DET
ajfa-5372	47	38	volatility	volatility	NOUN
ajfa-5372	47	39	in	in	ADP
ajfa-5372	47	40	shareholders	shareholder	NOUN
ajfa-5372	47	41	’	'	PUNCT
ajfa-5372	47	42	value	value	NOUN
ajfa-5372	47	43	.	.	PUNCT
ajfa-5372	48	1	these	these	DET
ajfa-5372	48	2	findings	finding	NOUN
ajfa-5372	48	3	were	be	AUX
ajfa-5372	48	4	based	base	VERB
ajfa-5372	48	5	on	on	ADP
ajfa-5372	48	6	the	the	DET
ajfa-5372	48	7	analysis	analysis	NOUN
ajfa-5372	48	8	of	of	ADP
ajfa-5372	48	9	eva	eva	NOUN
ajfa-5372	48	10	and	and	CCONJ
ajfa-5372	48	11	stock	stock	NOUN
ajfa-5372	48	12	returns	return	NOUN
ajfa-5372	48	13	of	of	ADP
ajfa-5372	48	14	s&p	s&p	PROPN
ajfa-5372	48	15	500	500	NUM
ajfa-5372	48	16	firms	firm	NOUN
ajfa-5372	48	17	.	.	PUNCT
ajfa-5372	49	1	kramer	kramer	PROPN
ajfa-5372	49	2	and	and	CCONJ
ajfa-5372	49	3	peters	peters	PROPN
ajfa-5372	49	4	(	(	PUNCT
ajfa-5372	49	5	2001	2001	NUM
ajfa-5372	49	6	)	)	PUNCT
ajfa-5372	49	7	empirically	empirically	ADV
ajfa-5372	49	8	test	test	VERB
ajfa-5372	49	9	the	the	DET
ajfa-5372	49	10	relation	relation	NOUN
ajfa-5372	49	11	between	between	ADP
ajfa-5372	49	12	capital	capital	NOUN
ajfa-5372	49	13	intensity	intensity	NOUN
ajfa-5372	49	14	and	and	CCONJ
ajfa-5372	49	15	the	the	DET
ajfa-5372	49	16	ability	ability	NOUN
ajfa-5372	49	17	of	of	ADP
ajfa-5372	49	18	eva	eva	NOUN
ajfa-5372	49	19	to	to	PART
ajfa-5372	49	20	serve	serve	VERB
ajfa-5372	49	21	as	as	ADP
ajfa-5372	49	22	an	an	DET
ajfa-5372	49	23	effective	effective	ADJ
ajfa-5372	49	24	proxy	proxy	NOUN
ajfa-5372	49	25	of	of	ADP
ajfa-5372	49	26	market	market	NOUN
ajfa-5372	49	27	value	value	NOUN
ajfa-5372	49	28	added	add	VERB
ajfa-5372	49	29	.	.	PUNCT
ajfa-5372	50	1	they	they	PRON
ajfa-5372	50	2	find	find	VERB
ajfa-5372	50	3	that	that	SCONJ
ajfa-5372	50	4	eva	eva	NOUN
ajfa-5372	50	5	is	be	AUX
ajfa-5372	50	6	no	no	PRON
ajfa-5372	50	7	less	less	ADJ
ajfa-5372	50	8	“	"	PUNCT
ajfa-5372	50	9	at	at	ADP
ajfa-5372	50	10	home	home	NOUN
ajfa-5372	50	11	”	"	PUNCT
ajfa-5372	50	12	in	in	ADP
ajfa-5372	50	13	the	the	DET
ajfa-5372	50	14	information	information	NOUN
ajfa-5372	50	15	economy	economy	NOUN
ajfa-5372	50	16	than	than	SCONJ
ajfa-5372	50	17	it	it	PRON
ajfa-5372	50	18	is	be	AUX
ajfa-5372	50	19	in	in	ADP
ajfa-5372	50	20	traditional	traditional	ADJ
ajfa-5372	50	21	manufacturing	manufacturing	NOUN
ajfa-5372	50	22	businesses	business	NOUN
ajfa-5372	50	23	.	.	PUNCT
ajfa-5372	51	1	however	however	ADV
ajfa-5372	51	2	,	,	PUNCT
ajfa-5372	51	3	their	their	PRON
ajfa-5372	51	4	results	result	NOUN
ajfa-5372	51	5	indicate	indicate	VERB
ajfa-5372	51	6	that	that	SCONJ
ajfa-5372	51	7	in	in	ADP
ajfa-5372	51	8	most	most	ADJ
ajfa-5372	51	9	of	of	ADP
ajfa-5372	51	10	the	the	DET
ajfa-5372	51	11	industries	industry	NOUN
ajfa-5372	51	12	studied	study	VERB
ajfa-5372	51	13	,	,	PUNCT
ajfa-5372	51	14	the	the	DET
ajfa-5372	51	15	marginal	marginal	ADJ
ajfa-5372	51	16	costs	cost	NOUN
ajfa-5372	51	17	of	of	ADP
ajfa-5372	51	18	using	use	VERB
ajfa-5372	51	19	eva	eva	NOUN
ajfa-5372	51	20	as	as	ADP
ajfa-5372	51	21	a	a	DET
ajfa-5372	51	22	proxy	proxy	NOUN
ajfa-5372	51	23	for	for	ADP
ajfa-5372	51	24	market	market	NOUN
ajfa-5372	51	25	value	value	NOUN
ajfa-5372	51	26	added	add	VERB
ajfa-5372	51	27	are	be	AUX
ajfa-5372	51	28	not	not	PART
ajfa-5372	51	29	justified	justify	VERB
ajfa-5372	51	30	by	by	ADP
ajfa-5372	51	31	any	any	DET
ajfa-5372	51	32	marginal	marginal	ADJ
ajfa-5372	51	33	benefits	benefit	NOUN
ajfa-5372	51	34	.	.	PUNCT
ajfa-5372	52	1	kang	kang	PROPN
ajfa-5372	52	2	and	and	CCONJ
ajfa-5372	52	3	kim	kim	PROPN
ajfa-5372	52	4	(	(	PUNCT
ajfa-5372	52	5	2002	2002	NUM
ajfa-5372	52	6	)	)	PUNCT
ajfa-5372	52	7	found	find	VERB
ajfa-5372	52	8	out	out	ADP
ajfa-5372	52	9	significant	significant	ADJ
ajfa-5372	52	10	controversy	controversy	NOUN
ajfa-5372	52	11	around	around	ADP
ajfa-5372	52	12	the	the	DET
ajfa-5372	52	13	validity	validity	NOUN
ajfa-5372	52	14	of	of	ADP
ajfa-5372	52	15	eva	eva	NOUN
ajfa-5372	52	16	as	as	ADP
ajfa-5372	52	17	the	the	DET
ajfa-5372	52	18	final	final	ADJ
ajfa-5372	52	19	answer	answer	NOUN
ajfa-5372	52	20	to	to	ADP
ajfa-5372	52	21	shareholders	shareholder	NOUN
ajfa-5372	52	22	’	'	PUNCT
ajfa-5372	52	23	value	value	NOUN
ajfa-5372	52	24	creation	creation	NOUN
ajfa-5372	52	25	.	.	PUNCT
ajfa-5372	53	1	they	they	PRON
ajfa-5372	53	2	think	think	VERB
ajfa-5372	53	3	as	as	ADP
ajfa-5372	53	4	with	with	ADP
ajfa-5372	53	5	any	any	DET
ajfa-5372	53	6	other	other	ADJ
ajfa-5372	53	7	management	management	NOUN
ajfa-5372	53	8	tool	tool	NOUN
ajfa-5372	53	9	,	,	PUNCT
ajfa-5372	53	10	eva	eva	PROPN
ajfa-5372	53	11	should	should	AUX
ajfa-5372	53	12	be	be	AUX
ajfa-5372	53	13	used	use	VERB
ajfa-5372	53	14	to	to	PART
ajfa-5372	53	15	guide	guide	VERB
ajfa-5372	53	16	and	and	CCONJ
ajfa-5372	53	17	support	support	VERB
ajfa-5372	53	18	corporate	corporate	ADJ
ajfa-5372	53	19	decisions	decision	NOUN
ajfa-5372	53	20	and	and	CCONJ
ajfa-5372	53	21	should	should	AUX
ajfa-5372	53	22	be	be	AUX
ajfa-5372	53	23	applied	apply	VERB
ajfa-5372	53	24	cautiously	cautiously	ADV
ajfa-5372	53	25	.	.	PUNCT
ajfa-5372	54	1	this	this	DET
ajfa-5372	54	2	measure	measure	NOUN
ajfa-5372	54	3	can	can	AUX
ajfa-5372	54	4	be	be	AUX
ajfa-5372	54	5	modified	modify	VERB
ajfa-5372	54	6	and	and	CCONJ
ajfa-5372	54	7	adjusted	adjust	VERB
ajfa-5372	54	8	in	in	ADP
ajfa-5372	54	9	order	order	NOUN
ajfa-5372	54	10	to	to	PART
ajfa-5372	54	11	apply	apply	VERB
ajfa-5372	54	12	it	it	PRON
ajfa-5372	54	13	to	to	ADP
ajfa-5372	54	14	not	not	PART
ajfa-5372	54	15	-	-	PUNCT
ajfa-5372	54	16	for	for	ADP
ajfa-5372	54	17	-	-	PUNCT
ajfa-5372	54	18	profit	profit	NOUN
ajfa-5372	54	19	organizations	organization	NOUN
ajfa-5372	54	20	.	.	PUNCT
ajfa-5372	55	1	their	their	PRON
ajfa-5372	55	2	study	study	NOUN
ajfa-5372	55	3	compares	compare	VERB
ajfa-5372	55	4	and	and	CCONJ
ajfa-5372	55	5	contrasts	contrast	VERB
ajfa-5372	55	6	eva	eva	PROPN
ajfa-5372	55	7	to	to	ADP
ajfa-5372	55	8	traditional	traditional	ADJ
ajfa-5372	55	9	performance	performance	NOUN
ajfa-5372	55	10	measures	measure	NOUN
ajfa-5372	55	11	.	.	PUNCT
ajfa-5372	56	1	they	they	PRON
ajfa-5372	56	2	examine	examine	VERB
ajfa-5372	56	3	the	the	DET
ajfa-5372	56	4	effectiveness	effectiveness	NOUN
ajfa-5372	56	5	of	of	ADP
ajfa-5372	56	6	eva	eva	NOUN
ajfa-5372	56	7	in	in	ADP
ajfa-5372	56	8	evaluating	evaluate	VERB
ajfa-5372	56	9	a	a	DET
ajfa-5372	56	10	firm	firm	NOUN
ajfa-5372	56	11	's	's	PART
ajfa-5372	56	12	financial	financial	ADJ
ajfa-5372	56	13	performance	performance	NOUN
ajfa-5372	56	14	.	.	PUNCT
ajfa-5372	57	1	thus	thus	ADV
ajfa-5372	57	2	,	,	PUNCT
ajfa-5372	57	3	they	they	PRON
ajfa-5372	57	4	question	question	VERB
ajfa-5372	57	5	whether	whether	SCONJ
ajfa-5372	57	6	or	or	CCONJ
ajfa-5372	57	7	not	not	PART
ajfa-5372	57	8	eva	eva	NOUN
ajfa-5372	57	9	adds	add	VERB
ajfa-5372	57	10	any	any	DET
ajfa-5372	57	11	value	value	NOUN
ajfa-5372	57	12	in	in	ADP
ajfa-5372	57	13	performance	performance	NOUN
ajfa-5372	57	14	asian	asian	ADJ
ajfa-5372	57	15	journal	journal	NOUN
ajfa-5372	57	16	of	of	ADP
ajfa-5372	57	17	finance	finance	PROPN
ajfa-5372	57	18	&	&	CCONJ
ajfa-5372	57	19	accounting	accounting	PROPN
ajfa-5372	57	20	issn	issn	PROPN
ajfa-5372	57	21	1946	1946	NUM
ajfa-5372	57	22	-	-	PUNCT
ajfa-5372	57	23	052x	052x	PROPN
ajfa-5372	57	24	2014	2014	NUM
ajfa-5372	57	25	,	,	PUNCT
ajfa-5372	57	26	vol	vol	NOUN
ajfa-5372	57	27	.	.	PROPN
ajfa-5372	57	28	6	6	NUM
ajfa-5372	57	29	,	,	PUNCT
ajfa-5372	57	30	no	no	INTJ
ajfa-5372	57	31	.	.	NOUN
ajfa-5372	57	32	1	1	NUM
ajfa-5372	57	33	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5372	57	34	391	391	NUM
ajfa-5372	57	35	evaluation	evaluation	NOUN
ajfa-5372	57	36	over	over	ADP
ajfa-5372	57	37	the	the	DET
ajfa-5372	57	38	conventional	conventional	ADJ
ajfa-5372	57	39	measures	measure	NOUN
ajfa-5372	57	40	.	.	PUNCT
ajfa-5372	58	1	issham	issham	PROPN
ajfa-5372	58	2	ismail	ismail	PROPN
ajfa-5372	58	3	(	(	PUNCT
ajfa-5372	58	4	2006	2006	NUM
ajfa-5372	58	5	)	)	PUNCT
ajfa-5372	58	6	studied	study	VERB
ajfa-5372	58	7	if	if	SCONJ
ajfa-5372	58	8	positive	positive	ADJ
ajfa-5372	58	9	eva	eva	NOUN
ajfa-5372	58	10	outperform	outperform	ADJ
ajfa-5372	58	11	negative	negative	PROPN
ajfa-5372	58	12	eva	eva	NOUN
ajfa-5372	58	13	in	in	ADP
ajfa-5372	58	14	predicting	predict	VERB
ajfa-5372	58	15	company	company	NOUN
ajfa-5372	58	16	performance	performance	NOUN
ajfa-5372	58	17	and	and	CCONJ
ajfa-5372	58	18	either	either	CCONJ
ajfa-5372	58	19	the	the	DET
ajfa-5372	58	20	period	period	NOUN
ajfa-5372	58	21	of	of	ADP
ajfa-5372	58	22	study	study	NOUN
ajfa-5372	58	23	may	may	AUX
ajfa-5372	58	24	play	play	VERB
ajfa-5372	58	25	a	a	DET
ajfa-5372	58	26	vital	vital	ADJ
ajfa-5372	58	27	role	role	NOUN
ajfa-5372	58	28	in	in	ADP
ajfa-5372	58	29	explaining	explain	VERB
ajfa-5372	58	30	the	the	DET
ajfa-5372	58	31	variation	variation	NOUN
ajfa-5372	58	32	of	of	ADP
ajfa-5372	58	33	the	the	DET
ajfa-5372	58	34	stock	stock	NOUN
ajfa-5372	58	35	return	return	NOUN
ajfa-5372	58	36	.	.	PUNCT
ajfa-5372	59	1	their	their	PRON
ajfa-5372	59	2	study	study	NOUN
ajfa-5372	59	3	found	find	VERB
ajfa-5372	59	4	that	that	SCONJ
ajfa-5372	59	5	neither	neither	CCONJ
ajfa-5372	59	6	value	value	NOUN
ajfa-5372	59	7	creator	creator	NOUN
ajfa-5372	59	8	nor	nor	CCONJ
ajfa-5372	59	9	value	value	NOUN
ajfa-5372	59	10	destroyer	destroyer	NOUN
ajfa-5372	59	11	had	have	VERB
ajfa-5372	59	12	a	a	DET
ajfa-5372	59	13	relationship	relationship	NOUN
ajfa-5372	59	14	with	with	ADP
ajfa-5372	59	15	stock	stock	NOUN
ajfa-5372	59	16	return	return	NOUN
ajfa-5372	59	17	,	,	PUNCT
ajfa-5372	59	18	as	as	SCONJ
ajfa-5372	59	19	both	both	DET
ajfa-5372	59	20	models	model	NOUN
ajfa-5372	59	21	prove	prove	VERB
ajfa-5372	59	22	to	to	PART
ajfa-5372	59	23	be	be	AUX
ajfa-5372	59	24	statistically	statistically	ADV
ajfa-5372	59	25	insignificant	insignificant	ADJ
ajfa-5372	59	26	.	.	PUNCT
ajfa-5372	60	1	the	the	DET
ajfa-5372	60	2	value	value	NOUN
ajfa-5372	60	3	creators	creator	NOUN
ajfa-5372	60	4	had	have	VERB
ajfa-5372	60	5	a	a	DET
ajfa-5372	60	6	better	well	ADJ
ajfa-5372	60	7	relationship	relationship	NOUN
ajfa-5372	60	8	with	with	ADP
ajfa-5372	60	9	earnings	earning	NOUN
ajfa-5372	60	10	than	than	ADP
ajfa-5372	60	11	value	value	NOUN
ajfa-5372	60	12	destroyers	destroyer	NOUN
ajfa-5372	60	13	and	and	CCONJ
ajfa-5372	60	14	indicated	indicate	VERB
ajfa-5372	60	15	that	that	SCONJ
ajfa-5372	60	16	,	,	PUNCT
ajfa-5372	60	17	value	value	NOUN
ajfa-5372	60	18	creators	creator	NOUN
ajfa-5372	60	19	have	have	VERB
ajfa-5372	60	20	better	well	ADJ
ajfa-5372	60	21	earnings	earning	NOUN
ajfa-5372	60	22	multiplier	multiplier	ADV
ajfa-5372	60	23	than	than	ADP
ajfa-5372	60	24	value	value	NOUN
ajfa-5372	60	25	destroyers	destroyer	NOUN
ajfa-5372	60	26	.	.	PUNCT
ajfa-5372	61	1	it	it	PRON
ajfa-5372	61	2	also	also	ADV
ajfa-5372	61	3	indicates	indicate	VERB
ajfa-5372	61	4	that	that	SCONJ
ajfa-5372	61	5	,	,	PUNCT
ajfa-5372	61	6	eva	eva	PROPN
ajfa-5372	61	7	had	have	VERB
ajfa-5372	61	8	a	a	DET
ajfa-5372	61	9	better	well	ADJ
ajfa-5372	61	10	relationship	relationship	NOUN
ajfa-5372	61	11	with	with	ADP
ajfa-5372	61	12	stock	stock	NOUN
ajfa-5372	61	13	return	return	NOUN
ajfa-5372	61	14	over	over	ADP
ajfa-5372	61	15	a	a	DET
ajfa-5372	61	16	longer	long	ADJ
ajfa-5372	61	17	period	period	NOUN
ajfa-5372	61	18	of	of	ADP
ajfa-5372	61	19	their	their	PRON
ajfa-5372	61	20	study	study	NOUN
ajfa-5372	61	21	.	.	PUNCT
ajfa-5372	62	1	dimitrios	dimitrio	NOUN
ajfa-5372	62	2	i.	i.	PROPN
ajfa-5372	62	3	maditinos	maditinos	PROPN
ajfa-5372	62	4	(	(	PUNCT
ajfa-5372	62	5	2006	2006	NUM
ajfa-5372	62	6	)	)	PUNCT
ajfa-5372	62	7	introduced	introduce	VERB
ajfa-5372	62	8	the	the	DET
ajfa-5372	62	9	concept	concept	NOUN
ajfa-5372	62	10	of	of	ADP
ajfa-5372	62	11	economic	economic	ADJ
ajfa-5372	62	12	value	value	NOUN
ajfa-5372	62	13	added	add	VERB
ajfa-5372	62	14	in	in	ADP
ajfa-5372	62	15	the	the	DET
ajfa-5372	62	16	greek	greek	ADJ
ajfa-5372	62	17	context	context	NOUN
ajfa-5372	62	18	and	and	CCONJ
ajfa-5372	62	19	explained	explain	VERB
ajfa-5372	62	20	on	on	ADP
ajfa-5372	62	21	the	the	DET
ajfa-5372	62	22	utilization	utilization	NOUN
ajfa-5372	62	23	of	of	ADP
ajfa-5372	62	24	both	both	DET
ajfa-5372	62	25	earnings	earning	NOUN
ajfa-5372	62	26	and	and	CCONJ
ajfa-5372	62	27	eva	eva	NOUN
ajfa-5372	62	28	in	in	ADP
ajfa-5372	62	29	the	the	DET
ajfa-5372	62	30	ase	ase	NOUN
ajfa-5372	62	31	.	.	PUNCT
ajfa-5372	63	1	their	their	PRON
ajfa-5372	63	2	study	study	NOUN
ajfa-5372	63	3	relating	relate	VERB
ajfa-5372	63	4	to	to	ADP
ajfa-5372	63	5	the	the	DET
ajfa-5372	63	6	period	period	NOUN
ajfa-5372	63	7	1995	1995	NUM
ajfa-5372	63	8	-	-	SYM
ajfa-5372	63	9	2001	2001	NUM
ajfa-5372	63	10	provided	provide	VERB
ajfa-5372	63	11	evidence	evidence	NOUN
ajfa-5372	63	12	to	to	PART
ajfa-5372	63	13	establish	establish	VERB
ajfa-5372	63	14	eva	eva	PROPN
ajfa-5372	63	15	as	as	ADP
ajfa-5372	63	16	a	a	DET
ajfa-5372	63	17	superior	superior	ADJ
ajfa-5372	63	18	performance	performance	NOUN
ajfa-5372	63	19	measurement	measurement	NOUN
ajfa-5372	63	20	and	and	CCONJ
ajfa-5372	63	21	incentive	incentive	NOUN
ajfa-5372	63	22	compensation	compensation	NOUN
ajfa-5372	63	23	system	system	NOUN
ajfa-5372	63	24	and	and	CCONJ
ajfa-5372	63	25	claimed	claim	VERB
ajfa-5372	63	26	that	that	SCONJ
ajfa-5372	63	27	it	it	PRON
ajfa-5372	63	28	is	be	AUX
ajfa-5372	63	29	really	really	ADV
ajfa-5372	63	30	better	well	ADJ
ajfa-5372	63	31	to	to	PART
ajfa-5372	63	32	use	use	VERB
ajfa-5372	63	33	eva	eva	NOUN
ajfa-5372	63	34	than	than	ADP
ajfa-5372	63	35	traditional	traditional	ADJ
ajfa-5372	63	36	accounting	accounting	NOUN
ajfa-5372	63	37	performance	performance	NOUN
ajfa-5372	63	38	measures	measure	NOUN
ajfa-5372	63	39	such	such	ADJ
ajfa-5372	63	40	as	as	ADP
ajfa-5372	63	41	earnings	earning	NOUN
ajfa-5372	63	42	,	,	PUNCT
ajfa-5372	63	43	eps	eps	PROPN
ajfa-5372	63	44	,	,	PUNCT
ajfa-5372	63	45	roi	roi	NOUN
ajfa-5372	63	46	or	or	CCONJ
ajfa-5372	63	47	roe	roe	NOUN
ajfa-5372	63	48	.	.	PUNCT
ajfa-5372	64	1	both	both	PRON
ajfa-5372	64	2	relative	relative	ADJ
ajfa-5372	64	3	and	and	CCONJ
ajfa-5372	64	4	incremental	incremental	ADJ
ajfa-5372	64	5	content	content	NOUN
ajfa-5372	64	6	approaches	approach	NOUN
ajfa-5372	64	7	were	be	AUX
ajfa-5372	64	8	tested	test	VERB
ajfa-5372	64	9	.	.	PUNCT
ajfa-5372	65	1	relative	relative	ADJ
ajfa-5372	65	2	information	information	NOUN
ajfa-5372	65	3	content	content	NOUN
ajfa-5372	65	4	tests	test	NOUN
ajfa-5372	65	5	revealed	reveal	VERB
ajfa-5372	65	6	that	that	SCONJ
ajfa-5372	65	7	stock	stock	NOUN
ajfa-5372	65	8	returns	return	NOUN
ajfa-5372	65	9	are	be	AUX
ajfa-5372	65	10	more	more	ADV
ajfa-5372	65	11	closely	closely	ADV
ajfa-5372	65	12	associated	associate	VERB
ajfa-5372	65	13	with	with	ADP
ajfa-5372	65	14	eps	eps	PROPN
ajfa-5372	65	15	than	than	ADP
ajfa-5372	65	16	eva	eva	PROPN
ajfa-5372	65	17	.	.	PUNCT
ajfa-5372	66	1	anil	anil	PROPN
ajfa-5372	66	2	k.	k.	PROPN
ajfa-5372	66	3	sharma	sharma	PROPN
ajfa-5372	66	4	,	,	PUNCT
ajfa-5372	66	5	et.al	et.al	PROPN
ajfa-5372	66	6	.	.	PUNCT
ajfa-5372	67	1	(	(	PUNCT
ajfa-5372	67	2	2010	2010	NUM
ajfa-5372	67	3	)	)	PUNCT
ajfa-5372	67	4	presented	present	VERB
ajfa-5372	67	5	a	a	DET
ajfa-5372	67	6	comprehensive	comprehensive	ADJ
ajfa-5372	67	7	literature	literature	NOUN
ajfa-5372	67	8	review	review	NOUN
ajfa-5372	67	9	and	and	CCONJ
ajfa-5372	67	10	a	a	DET
ajfa-5372	67	11	critical	critical	ADJ
ajfa-5372	67	12	analysis	analysis	NOUN
ajfa-5372	67	13	to	to	PART
ajfa-5372	67	14	move	move	VERB
ajfa-5372	67	15	towards	towards	ADP
ajfa-5372	67	16	the	the	DET
ajfa-5372	67	17	advances	advance	NOUN
ajfa-5372	67	18	in	in	ADP
ajfa-5372	67	19	eva	eva	PROPN
ajfa-5372	67	20	.	.	PUNCT
ajfa-5372	68	1	maja	maja	PROPN
ajfa-5372	68	2	ilic	ilic	PROPN
ajfa-5372	68	3	(	(	PUNCT
ajfa-5372	68	4	2010	2010	NUM
ajfa-5372	68	5	)	)	PUNCT
ajfa-5372	68	6	,	,	PUNCT
ajfa-5372	68	7	aimed	aim	VERB
ajfa-5372	68	8	to	to	PART
ajfa-5372	68	9	show	show	VERB
ajfa-5372	68	10	practical	practical	ADJ
ajfa-5372	68	11	examples	example	NOUN
ajfa-5372	68	12	of	of	ADP
ajfa-5372	68	13	the	the	DET
ajfa-5372	68	14	extent	extent	NOUN
ajfa-5372	68	15	to	to	PART
ajfa-5372	68	16	which	which	PRON
ajfa-5372	68	17	traditional	traditional	ADJ
ajfa-5372	68	18	assessment	assessment	NOUN
ajfa-5372	68	19	of	of	ADP
ajfa-5372	68	20	the	the	DET
ajfa-5372	68	21	company	company	NOUN
ajfa-5372	68	22	success	success	NOUN
ajfa-5372	68	23	may	may	AUX
ajfa-5372	68	24	differ	differ	VERB
ajfa-5372	68	25	from	from	ADP
ajfa-5372	68	26	the	the	DET
ajfa-5372	68	27	business	business	NOUN
ajfa-5372	68	28	overviewed	overviewe	VERB
ajfa-5372	68	29	from	from	ADP
ajfa-5372	68	30	the	the	DET
ajfa-5372	68	31	perspective	perspective	NOUN
ajfa-5372	68	32	of	of	ADP
ajfa-5372	68	33	economic	economic	ADJ
ajfa-5372	68	34	value	value	NOUN
ajfa-5372	68	35	added	add	VERB
ajfa-5372	68	36	.	.	PUNCT
ajfa-5372	69	1	amalendu	amalendu	PROPN
ajfa-5372	69	2	bhunia	bhunia	PROPN
ajfa-5372	69	3	(	(	PUNCT
ajfa-5372	69	4	2012	2012	NUM
ajfa-5372	69	5	)	)	PUNCT
ajfa-5372	69	6	examined	examine	VERB
ajfa-5372	69	7	the	the	DET
ajfa-5372	69	8	relationship	relationship	NOUN
ajfa-5372	69	9	between	between	ADP
ajfa-5372	69	10	shareholder	shareholder	NOUN
ajfa-5372	69	11	’s	’s	PART
ajfa-5372	69	12	value	value	NOUN
ajfa-5372	69	13	and	and	CCONJ
ajfa-5372	69	14	financial	financial	ADJ
ajfa-5372	69	15	variables	variable	NOUN
ajfa-5372	69	16	and	and	CCONJ
ajfa-5372	69	17	tested	test	VERB
ajfa-5372	69	18	whether	whether	SCONJ
ajfa-5372	69	19	value	value	NOUN
ajfa-5372	69	20	based	base	VERB
ajfa-5372	69	21	frameworks	framework	NOUN
ajfa-5372	69	22	are	be	AUX
ajfa-5372	69	23	applicable	applicable	ADJ
ajfa-5372	69	24	in	in	ADP
ajfa-5372	69	25	indian	indian	ADJ
ajfa-5372	69	26	condition	condition	NOUN
ajfa-5372	69	27	.	.	PUNCT
ajfa-5372	70	1	by	by	ADP
ajfa-5372	70	2	adopting	adopt	VERB
ajfa-5372	70	3	linear	linear	PROPN
ajfa-5372	70	4	regression	regression	NOUN
ajfa-5372	70	5	,	,	PUNCT
ajfa-5372	70	6	factor	factor	NOUN
ajfa-5372	70	7	analysis	analysis	NOUN
ajfa-5372	70	8	and	and	CCONJ
ajfa-5372	70	9	multiple	multiple	ADJ
ajfa-5372	70	10	discriminant	discriminant	ADJ
ajfa-5372	70	11	analysis	analysis	NOUN
ajfa-5372	70	12	empirical	empirical	ADJ
ajfa-5372	70	13	results	result	NOUN
ajfa-5372	70	14	showed	show	VERB
ajfa-5372	70	15	that	that	SCONJ
ajfa-5372	70	16	effect	effect	NOUN
ajfa-5372	70	17	on	on	ADP
ajfa-5372	70	18	shareholder	shareholder	NOUN
ajfa-5372	70	19	value	value	NOUN
ajfa-5372	70	20	creation	creation	NOUN
ajfa-5372	70	21	might	might	AUX
ajfa-5372	70	22	lead	lead	VERB
ajfa-5372	70	23	to	to	ADP
ajfa-5372	70	24	more	more	ADJ
ajfa-5372	70	25	information	information	NOUN
ajfa-5372	70	26	and	and	CCONJ
ajfa-5372	70	27	insight	insight	NOUN
ajfa-5372	70	28	.	.	PUNCT
ajfa-5372	71	1	h.m	h.m	PROPN
ajfa-5372	71	2	.	.	PROPN
ajfa-5372	71	3	van	van	PROPN
ajfa-5372	71	4	der	der	PROPN
ajfa-5372	71	5	poll	poll	PROPN
ajfa-5372	71	6	(	(	PUNCT
ajfa-5372	71	7	2011	2011	NUM
ajfa-5372	71	8	)	)	PUNCT
ajfa-5372	71	9	determined	determine	VERB
ajfa-5372	71	10	the	the	DET
ajfa-5372	71	11	extent	extent	NOUN
ajfa-5372	71	12	to	to	PART
ajfa-5372	71	13	which	which	PRON
ajfa-5372	71	14	eva	eva	NOUN
ajfa-5372	71	15	is	be	AUX
ajfa-5372	71	16	used	use	VERB
ajfa-5372	71	17	by	by	ADP
ajfa-5372	71	18	south	south	ADJ
ajfa-5372	71	19	african	african	ADJ
ajfa-5372	71	20	organisations	organisation	NOUN
ajfa-5372	71	21	and	and	CCONJ
ajfa-5372	71	22	also	also	ADV
ajfa-5372	71	23	their	their	PRON
ajfa-5372	71	24	investigation	investigation	NOUN
ajfa-5372	71	25	focused	focus	VERB
ajfa-5372	71	26	on	on	ADP
ajfa-5372	71	27	methods	method	NOUN
ajfa-5372	71	28	used	use	VERB
ajfa-5372	71	29	by	by	ADP
ajfa-5372	71	30	these	these	DET
ajfa-5372	71	31	organisations	organisation	NOUN
ajfa-5372	71	32	to	to	PART
ajfa-5372	71	33	calculate	calculate	VERB
ajfa-5372	71	34	eva	eva	PROPN
ajfa-5372	71	35	and	and	CCONJ
ajfa-5372	71	36	aimed	aim	VERB
ajfa-5372	71	37	to	to	PART
ajfa-5372	71	38	determine	determine	VERB
ajfa-5372	71	39	the	the	DET
ajfa-5372	71	40	south	south	ADJ
ajfa-5372	71	41	african	african	ADJ
ajfa-5372	71	42	business	business	NOUN
ajfa-5372	71	43	sectors	sector	NOUN
ajfa-5372	71	44	in	in	ADP
ajfa-5372	71	45	which	which	PRON
ajfa-5372	71	46	it	it	PRON
ajfa-5372	71	47	is	be	AUX
ajfa-5372	71	48	most	most	ADV
ajfa-5372	71	49	likely	likely	ADJ
ajfa-5372	71	50	to	to	PART
ajfa-5372	71	51	be	be	AUX
ajfa-5372	71	52	implemented	implement	VERB
ajfa-5372	71	53	.	.	PUNCT
ajfa-5372	72	1	mehdi	mehdi	PROPN
ajfa-5372	72	2	arab	arab	PROPN
ajfa-5372	72	3	salehi	salehi	PROPN
ajfa-5372	72	4	(	(	PUNCT
ajfa-5372	72	5	2011	2011	NUM
ajfa-5372	72	6	)	)	PUNCT
ajfa-5372	72	7	examined	examine	VERB
ajfa-5372	72	8	assertions	assertion	NOUN
ajfa-5372	72	9	that	that	SCONJ
ajfa-5372	72	10	economic	economic	ADJ
ajfa-5372	72	11	value	value	NOUN
ajfa-5372	72	12	added	add	VERB
ajfa-5372	72	13	is	be	AUX
ajfa-5372	72	14	superior	superior	ADJ
ajfa-5372	72	15	as	as	ADP
ajfa-5372	72	16	a	a	DET
ajfa-5372	72	17	performance	performance	NOUN
ajfa-5372	72	18	measure	measure	NOUN
ajfa-5372	72	19	compared	compare	VERB
ajfa-5372	72	20	to	to	ADP
ajfa-5372	72	21	traditional	traditional	ADJ
ajfa-5372	72	22	accounting	accounting	NOUN
ajfa-5372	72	23	measures	measure	NOUN
ajfa-5372	72	24	.	.	PUNCT
ajfa-5372	73	1	the	the	DET
ajfa-5372	73	2	investigation	investigation	NOUN
ajfa-5372	73	3	is	be	AUX
ajfa-5372	73	4	performed	perform	VERB
ajfa-5372	73	5	using	use	VERB
ajfa-5372	73	6	a	a	DET
ajfa-5372	73	7	panel	panel	NOUN
ajfa-5372	73	8	data	datum	NOUN
ajfa-5372	73	9	procedure	procedure	NOUN
ajfa-5372	73	10	for	for	ADP
ajfa-5372	73	11	a	a	DET
ajfa-5372	73	12	sample	sample	NOUN
ajfa-5372	73	13	consisting	consist	VERB
ajfa-5372	73	14	of	of	ADP
ajfa-5372	73	15	76	76	NUM
ajfa-5372	73	16	iranian	iranian	ADJ
ajfa-5372	73	17	listed	list	VERB
ajfa-5372	73	18	companies	company	NOUN
ajfa-5372	73	19	in	in	ADP
ajfa-5372	73	20	the	the	DET
ajfa-5372	73	21	tehran	tehran	PROPN
ajfa-5372	73	22	stock	stock	PROPN
ajfa-5372	73	23	exchange	exchange	PROPN
ajfa-5372	73	24	from	from	ADP
ajfa-5372	73	25	2001	2001	NUM
ajfa-5372	73	26	to	to	ADP
ajfa-5372	73	27	2008	2008	NUM
ajfa-5372	73	28	and	and	CCONJ
ajfa-5372	73	29	explained	explain	VERB
ajfa-5372	73	30	theoretical	theoretical	ADJ
ajfa-5372	73	31	foundation	foundation	NOUN
ajfa-5372	73	32	of	of	ADP
ajfa-5372	73	33	eva	eva	PROPN
ajfa-5372	73	34	with	with	ADP
ajfa-5372	73	35	its	its	PRON
ajfa-5372	73	36	origination	origination	NOUN
ajfa-5372	73	37	,	,	PUNCT
ajfa-5372	73	38	definition	definition	NOUN
ajfa-5372	73	39	,	,	PUNCT
ajfa-5372	73	40	ways	way	NOUN
ajfa-5372	73	41	to	to	PART
ajfa-5372	73	42	make	make	VERB
ajfa-5372	73	43	it	it	PRON
ajfa-5372	73	44	tailored	tailor	VERB
ajfa-5372	73	45	,	,	PUNCT
ajfa-5372	73	46	adjustments	adjustment	NOUN
ajfa-5372	73	47	required	require	VERB
ajfa-5372	73	48	,	,	PUNCT
ajfa-5372	73	49	scope	scope	NOUN
ajfa-5372	73	50	and	and	CCONJ
ajfa-5372	73	51	some	some	DET
ajfa-5372	73	52	other	other	ADJ
ajfa-5372	73	53	related	related	ADJ
ajfa-5372	73	54	issues	issue	NOUN
ajfa-5372	73	55	.	.	PUNCT
ajfa-5372	74	1	fayez	fayez	PROPN
ajfa-5372	74	2	salim	salim	PROPN
ajfa-5372	74	3	haddad	haddad	PROPN
ajfa-5372	74	4	(	(	PUNCT
ajfa-5372	74	5	2012	2012	NUM
ajfa-5372	74	6	)	)	PUNCT
ajfa-5372	74	7	studied	study	VERB
ajfa-5372	74	8	sample	sample	NOUN
ajfa-5372	74	9	consisting	consist	VERB
ajfa-5372	74	10	of	of	ADP
ajfa-5372	74	11	15	15	NUM
ajfa-5372	74	12	banks	bank	NOUN
ajfa-5372	74	13	listed	list	VERB
ajfa-5372	74	14	in	in	ADP
ajfa-5372	74	15	amman	amman	PROPN
ajfa-5372	74	16	stock	stock	PROPN
ajfa-5372	74	17	exchange	exchange	PROPN
ajfa-5372	74	18	(	(	PUNCT
ajfa-5372	74	19	ase	ase	NOUN
ajfa-5372	74	20	)	)	PUNCT
ajfa-5372	74	21	during	during	ADP
ajfa-5372	74	22	the	the	DET
ajfa-5372	74	23	period	period	NOUN
ajfa-5372	74	24	2000	2000	NUM
ajfa-5372	74	25	-	-	SYM
ajfa-5372	74	26	2009	2009	NUM
ajfa-5372	74	27	to	to	PART
ajfa-5372	74	28	examine	examine	VERB
ajfa-5372	74	29	the	the	DET
ajfa-5372	74	30	relationship	relationship	NOUN
ajfa-5372	74	31	between	between	ADP
ajfa-5372	74	32	economic	economic	ADJ
ajfa-5372	74	33	value	value	NOUN
ajfa-5372	74	34	added	add	VERB
ajfa-5372	74	35	(	(	PUNCT
ajfa-5372	74	36	eva	eva	PROPN
ajfa-5372	74	37	)	)	PUNCT
ajfa-5372	74	38	,	,	PUNCT
ajfa-5372	74	39	return	return	VERB
ajfa-5372	74	40	on	on	ADP
ajfa-5372	74	41	assets	asset	NOUN
ajfa-5372	74	42	(	(	PUNCT
ajfa-5372	74	43	roa	roa	NOUN
ajfa-5372	74	44	)	)	PUNCT
ajfa-5372	74	45	,	,	PUNCT
ajfa-5372	74	46	return	return	VERB
ajfa-5372	74	47	on	on	ADP
ajfa-5372	74	48	equity	equity	NOUN
ajfa-5372	74	49	(	(	PUNCT
ajfa-5372	74	50	roe	roe	PROPN
ajfa-5372	74	51	)	)	PUNCT
ajfa-5372	74	52	,	,	PUNCT
ajfa-5372	74	53	and	and	CCONJ
ajfa-5372	74	54	capital	capital	NOUN
ajfa-5372	74	55	adequacy	adequacy	NOUN
ajfa-5372	74	56	ratio	ratio	NOUN
ajfa-5372	74	57	as	as	ADP
ajfa-5372	74	58	explanatory	explanatory	ADJ
ajfa-5372	74	59	variables	variable	NOUN
ajfa-5372	74	60	for	for	ADP
ajfa-5372	74	61	stock	stock	NOUN
ajfa-5372	74	62	returns	return	NOUN
ajfa-5372	74	63	.	.	PUNCT
ajfa-5372	75	1	the	the	DET
ajfa-5372	75	2	results	result	NOUN
ajfa-5372	75	3	showed	show	VERB
ajfa-5372	75	4	positive	positive	ADJ
ajfa-5372	75	5	and	and	CCONJ
ajfa-5372	75	6	significant	significant	ADJ
ajfa-5372	75	7	relationship	relationship	NOUN
ajfa-5372	75	8	between	between	ADP
ajfa-5372	75	9	eva	eva	PROPN
ajfa-5372	75	10	and	and	CCONJ
ajfa-5372	75	11	stock	stock	NOUN
ajfa-5372	75	12	returns	return	NOUN
ajfa-5372	75	13	,	,	PUNCT
ajfa-5372	75	14	but	but	CCONJ
ajfa-5372	75	15	insignificant	insignificant	ADJ
ajfa-5372	75	16	relationship	relationship	NOUN
ajfa-5372	75	17	between	between	ADP
ajfa-5372	75	18	roa	roa	PROPN
ajfa-5372	75	19	,	,	PUNCT
ajfa-5372	75	20	roe	roe	NOUN
ajfa-5372	75	21	,	,	PUNCT
ajfa-5372	75	22	and	and	CCONJ
ajfa-5372	75	23	capital	capital	NOUN
ajfa-5372	75	24	adequacy	adequacy	NOUN
ajfa-5372	75	25	ratio	ratio	NOUN
ajfa-5372	75	26	with	with	ADP
ajfa-5372	75	27	stock	stock	NOUN
ajfa-5372	75	28	returns	return	NOUN
ajfa-5372	75	29	.	.	PUNCT
ajfa-5372	76	1	pratapsinh	pratapsinh	PROPN
ajfa-5372	76	2	chauhan	chauhan	PROPN
ajfa-5372	76	3	(	(	PUNCT
ajfa-5372	76	4	2012	2012	NUM
ajfa-5372	76	5	)	)	PUNCT
ajfa-5372	76	6	analysed	analyse	VERB
ajfa-5372	76	7	the	the	DET
ajfa-5372	76	8	performance	performance	NOUN
ajfa-5372	76	9	of	of	ADP
ajfa-5372	76	10	the	the	DET
ajfa-5372	76	11	petroleum	petroleum	NOUN
ajfa-5372	76	12	companies	company	NOUN
ajfa-5372	76	13	and	and	CCONJ
ajfa-5372	76	14	used	use	VERB
ajfa-5372	76	15	eva	eva	PROPN
ajfa-5372	76	16	,	,	PUNCT
ajfa-5372	76	17	mva	mva	PROPN
ajfa-5372	76	18	,	,	PUNCT
ajfa-5372	76	19	nopat	nopat	PROPN
ajfa-5372	76	20	,	,	PUNCT
ajfa-5372	76	21	pat	pat	PROPN
ajfa-5372	76	22	,	,	PUNCT
ajfa-5372	76	23	market	market	NOUN
ajfa-5372	76	24	capitalization	capitalization	NOUN
ajfa-5372	76	25	and	and	CCONJ
ajfa-5372	76	26	eps	eps	PROPN
ajfa-5372	76	27	data	datum	NOUN
ajfa-5372	76	28	provided	provide	VERB
ajfa-5372	76	29	by	by	ADP
ajfa-5372	76	30	cmie	cmie	NOUN
ajfa-5372	76	31	prowess	prowess	NOUN
ajfa-5372	76	32	database	database	NOUN
ajfa-5372	76	33	for	for	ADP
ajfa-5372	76	34	the	the	DET
ajfa-5372	76	35	period	period	NOUN
ajfa-5372	76	36	of	of	ADP
ajfa-5372	76	37	10	10	NUM
ajfa-5372	76	38	years	year	NOUN
ajfa-5372	76	39	(	(	PUNCT
ajfa-5372	76	40	2001	2001	NUM
ajfa-5372	76	41	-	-	SYM
ajfa-5372	76	42	02	02	NUM
ajfa-5372	76	43	to	to	ADP
ajfa-5372	76	44	201011	201011	NUM
ajfa-5372	76	45	)	)	PUNCT
ajfa-5372	76	46	.	.	PUNCT
ajfa-5372	77	1	for	for	ADP
ajfa-5372	77	2	each	each	PRON
ajfa-5372	77	3	of	of	ADP
ajfa-5372	77	4	the	the	DET
ajfa-5372	77	5	07	07	NUM
ajfa-5372	77	6	companies	company	NOUN
ajfa-5372	77	7	,	,	PUNCT
ajfa-5372	77	8	we	we	PRON
ajfa-5372	77	9	have	have	AUX
ajfa-5372	77	10	calculated	calculate	VERB
ajfa-5372	77	11	the	the	DET
ajfa-5372	77	12	10	10	NUM
ajfa-5372	77	13	-	-	PUNCT
ajfa-5372	77	14	year	year	NOUN
ajfa-5372	77	15	correlation	correlation	NOUN
ajfa-5372	77	16	between	between	ADP
ajfa-5372	77	17	eva	eva	NOUN
ajfa-5372	77	18	of	of	ADP
ajfa-5372	77	19	each	each	DET
ajfa-5372	77	20	year	year	NOUN
ajfa-5372	77	21	and	and	CCONJ
ajfa-5372	77	22	each	each	DET
ajfa-5372	77	23	year	year	NOUN
ajfa-5372	77	24	’s	’s	PART
ajfa-5372	77	25	mva	mva	NOUN
ajfa-5372	77	26	,	,	PUNCT
ajfa-5372	77	27	nopat	nopat	PROPN
ajfa-5372	77	28	,	,	PUNCT
ajfa-5372	77	29	pat	pat	PROPN
ajfa-5372	77	30	,	,	PUNCT
ajfa-5372	77	31	eps	eps	PROPN
ajfa-5372	77	32	and	and	CCONJ
ajfa-5372	77	33	market	market	NOUN
ajfa-5372	77	34	capitalization	capitalization	NOUN
ajfa-5372	77	35	.	.	PUNCT
ajfa-5372	78	1	to	to	PART
ajfa-5372	78	2	test	test	VERB
ajfa-5372	78	3	hypothesis	hypothesis	PROPN
ajfa-5372	78	4	t	t	PROPN
ajfa-5372	78	5	-	-	PUNCT
ajfa-5372	78	6	test	test	NOUN
ajfa-5372	78	7	was	be	AUX
ajfa-5372	78	8	applied	apply	VERB
ajfa-5372	78	9	.	.	PUNCT
ajfa-5372	79	1	eva	eva	PROPN
ajfa-5372	79	2	has	have	AUX
ajfa-5372	79	3	been	be	AUX
ajfa-5372	79	4	found	find	VERB
ajfa-5372	79	5	to	to	PART
ajfa-5372	79	6	have	have	VERB
ajfa-5372	79	7	significant	significant	ADJ
ajfa-5372	79	8	correlation	correlation	NOUN
ajfa-5372	79	9	with	with	ADP
ajfa-5372	79	10	op	op	NOUN
ajfa-5372	79	11	,	,	PUNCT
ajfa-5372	79	12	asian	asian	ADJ
ajfa-5372	79	13	journal	journal	NOUN
ajfa-5372	79	14	of	of	ADP
ajfa-5372	79	15	finance	finance	PROPN
ajfa-5372	79	16	&	&	CCONJ
ajfa-5372	79	17	accounting	accounting	PROPN
ajfa-5372	79	18	issn	issn	PROPN
ajfa-5372	79	19	1946	1946	NUM
ajfa-5372	79	20	-	-	PUNCT
ajfa-5372	79	21	052x	052x	PROPN
ajfa-5372	79	22	2014	2014	NUM
ajfa-5372	79	23	,	,	PUNCT
ajfa-5372	79	24	vol	vol	NOUN
ajfa-5372	79	25	.	.	PROPN
ajfa-5372	79	26	6	6	NUM
ajfa-5372	79	27	,	,	PUNCT
ajfa-5372	79	28	no	no	INTJ
ajfa-5372	79	29	.	.	NOUN
ajfa-5372	79	30	1	1	NUM
ajfa-5372	79	31	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5372	79	32	392	392	NUM
ajfa-5372	79	33	nopat	nopat	PROPN
ajfa-5372	79	34	,	,	PUNCT
ajfa-5372	79	35	eps	eps	PROPN
ajfa-5372	79	36	,	,	PUNCT
ajfa-5372	79	37	market	market	NOUN
ajfa-5372	79	38	capitalization	capitalization	NOUN
ajfa-5372	79	39	and	and	CCONJ
ajfa-5372	79	40	mva	mva	NOUN
ajfa-5372	79	41	figures	figure	NOUN
ajfa-5372	79	42	of	of	ADP
ajfa-5372	79	43	firms	firm	NOUN
ajfa-5372	79	44	and	and	CCONJ
ajfa-5372	79	45	the	the	DET
ajfa-5372	79	46	firms	firm	NOUN
ajfa-5372	79	47	have	have	AUX
ajfa-5372	79	48	created	create	VERB
ajfa-5372	79	49	positive	positive	ADJ
ajfa-5372	79	50	eva	eva	NOUN
ajfa-5372	79	51	and	and	CCONJ
ajfa-5372	79	52	mva	mva	PROPN
ajfa-5372	79	53	.	.	PUNCT
ajfa-5372	80	1	rasool	rasool	PROPN
ajfa-5372	80	2	et	et	PROPN
ajfa-5372	80	3	al.(2013	al.(2013	PROPN
ajfa-5372	80	4	)	)	PUNCT
ajfa-5372	80	5	identified	identify	VERB
ajfa-5372	80	6	the	the	DET
ajfa-5372	80	7	relationship	relationship	NOUN
ajfa-5372	80	8	between	between	ADP
ajfa-5372	80	9	financing	financing	NOUN
ajfa-5372	80	10	methods	method	NOUN
ajfa-5372	80	11	and	and	CCONJ
ajfa-5372	80	12	economic	economic	ADJ
ajfa-5372	80	13	value	value	NOUN
ajfa-5372	80	14	added	add	VERB
ajfa-5372	80	15	(	(	PUNCT
ajfa-5372	80	16	eva)and	eva)and	PROPN
ajfa-5372	80	17	found	find	VERB
ajfa-5372	80	18	financing	financing	NOUN
ajfa-5372	80	19	through	through	ADP
ajfa-5372	80	20	owners	owner	NOUN
ajfa-5372	80	21	’	'	PUNCT
ajfa-5372	80	22	equity	equity	NOUN
ajfa-5372	80	23	and	and	CCONJ
ajfa-5372	80	24	maintaining	maintain	VERB
ajfa-5372	80	25	stock	stock	NOUN
ajfa-5372	80	26	profit	profit	NOUN
ajfa-5372	80	27	(	(	PUNCT
ajfa-5372	80	28	dividends	dividend	NOUN
ajfa-5372	80	29	policy	policy	NOUN
ajfa-5372	80	30	)	)	PUNCT
ajfa-5372	80	31	have	have	VERB
ajfa-5372	80	32	a	a	DET
ajfa-5372	80	33	positive	positive	ADJ
ajfa-5372	80	34	and	and	CCONJ
ajfa-5372	80	35	meaningful	meaningful	ADJ
ajfa-5372	80	36	relationship	relationship	NOUN
ajfa-5372	80	37	with	with	ADP
ajfa-5372	80	38	economic	economic	ADJ
ajfa-5372	80	39	value	value	NOUN
ajfa-5372	80	40	added	add	VERB
ajfa-5372	80	41	.	.	PUNCT
ajfa-5372	81	1	also	also	ADV
ajfa-5372	81	2	they	they	PRON
ajfa-5372	81	3	showed	show	VERB
ajfa-5372	81	4	that	that	SCONJ
ajfa-5372	81	5	there	there	PRON
ajfa-5372	81	6	is	be	VERB
ajfa-5372	81	7	a	a	DET
ajfa-5372	81	8	reverse	reverse	ADJ
ajfa-5372	81	9	and	and	CCONJ
ajfa-5372	81	10	meaningful	meaningful	ADJ
ajfa-5372	81	11	relationship	relationship	NOUN
ajfa-5372	81	12	between	between	ADP
ajfa-5372	81	13	using	use	VERB
ajfa-5372	81	14	debts	debt	NOUN
ajfa-5372	81	15	and	and	CCONJ
ajfa-5372	81	16	economic	economic	ADJ
ajfa-5372	81	17	value	value	NOUN
ajfa-5372	81	18	added	add	VERB
ajfa-5372	81	19	.	.	PUNCT
ajfa-5372	82	1	seyed	seyed	PROPN
ajfa-5372	82	2	mojtaba	mojtaba	PROPN
ajfa-5372	82	3	hasani	hasani	PROPN
ajfa-5372	82	4	(	(	PUNCT
ajfa-5372	82	5	2012	2012	NUM
ajfa-5372	82	6	)	)	PUNCT
ajfa-5372	82	7	evaluated	evaluate	VERB
ajfa-5372	82	8	performance	performance	NOUN
ajfa-5372	82	9	of	of	ADP
ajfa-5372	82	10	70	70	NUM
ajfa-5372	82	11	companies	company	NOUN
ajfa-5372	82	12	in	in	ADP
ajfa-5372	82	13	securities	security	NOUN
ajfa-5372	82	14	bourses	bourse	NOUN
ajfa-5372	82	15	using	use	VERB
ajfa-5372	82	16	traditional	traditional	ADJ
ajfa-5372	82	17	method	method	NOUN
ajfa-5372	82	18	with	with	ADP
ajfa-5372	82	19	only	only	ADJ
ajfa-5372	82	20	accounting	accounting	NOUN
ajfa-5372	82	21	profit	profit	NOUN
ajfa-5372	82	22	and	and	CCONJ
ajfa-5372	82	23	one	one	NUM
ajfa-5372	82	24	of	of	ADP
ajfa-5372	82	25	the	the	DET
ajfa-5372	82	26	valuebased	valuebase	VERB
ajfa-5372	82	27	criteria	criterion	NOUN
ajfa-5372	82	28	is	be	AUX
ajfa-5372	82	29	the	the	DET
ajfa-5372	82	30	economic	economic	ADJ
ajfa-5372	82	31	value	value	NOUN
ajfa-5372	82	32	added	add	VERB
ajfa-5372	82	33	criteria	criterion	NOUN
ajfa-5372	82	34	.	.	PUNCT
ajfa-5372	83	1	the	the	DET
ajfa-5372	83	2	correlation	correlation	NOUN
ajfa-5372	83	3	results	result	VERB
ajfa-5372	83	4	,	,	PUNCT
ajfa-5372	83	5	using	use	VERB
ajfa-5372	83	6	pearson	pearson	PROPN
ajfa-5372	83	7	index	index	NOUN
ajfa-5372	83	8	between	between	ADP
ajfa-5372	83	9	two	two	NUM
ajfa-5372	83	10	indices	index	NOUN
ajfa-5372	83	11	,	,	PUNCT
ajfa-5372	83	12	the	the	DET
ajfa-5372	83	13	economic	economic	ADJ
ajfa-5372	83	14	value	value	NOUN
ajfa-5372	83	15	added	add	VERB
ajfa-5372	83	16	index	index	NOUN
ajfa-5372	83	17	and	and	CCONJ
ajfa-5372	83	18	the	the	DET
ajfa-5372	83	19	index	index	NOUN
ajfa-5372	83	20	of	of	ADP
ajfa-5372	83	21	stock	stock	NOUN
ajfa-5372	83	22	market	market	NOUN
ajfa-5372	83	23	value	value	NOUN
ajfa-5372	83	24	,	,	PUNCT
ajfa-5372	83	25	show	show	VERB
ajfa-5372	83	26	that	that	SCONJ
ajfa-5372	83	27	at	at	ADP
ajfa-5372	83	28	1	1	NUM
ajfa-5372	83	29	%	%	NOUN
ajfa-5372	83	30	level	level	NOUN
ajfa-5372	83	31	,	,	PUNCT
ajfa-5372	83	32	these	these	DET
ajfa-5372	83	33	two	two	NUM
ajfa-5372	83	34	variables	variable	NOUN
ajfa-5372	83	35	are	be	AUX
ajfa-5372	83	36	correlated	correlate	VERB
ajfa-5372	83	37	,	,	PUNCT
ajfa-5372	83	38	and	and	CCONJ
ajfa-5372	83	39	the	the	DET
ajfa-5372	83	40	correlation	correlation	NOUN
ajfa-5372	83	41	is	be	AUX
ajfa-5372	83	42	positive	positive	ADJ
ajfa-5372	83	43	.	.	PUNCT
ajfa-5372	84	1	also	also	ADV
ajfa-5372	84	2	,	,	PUNCT
ajfa-5372	84	3	the	the	DET
ajfa-5372	84	4	results	result	NOUN
ajfa-5372	84	5	of	of	ADP
ajfa-5372	84	6	the	the	DET
ajfa-5372	84	7	panel	panel	NOUN
ajfa-5372	84	8	regression	regression	NOUN
ajfa-5372	84	9	estimation	estimation	NOUN
ajfa-5372	84	10	indicate	indicate	VERB
ajfa-5372	84	11	a	a	DET
ajfa-5372	84	12	positive	positive	ADJ
ajfa-5372	84	13	and	and	CCONJ
ajfa-5372	84	14	significant	significant	ADJ
ajfa-5372	84	15	relationship	relationship	NOUN
ajfa-5372	84	16	between	between	ADP
ajfa-5372	84	17	two	two	NUM
ajfa-5372	84	18	indices	index	NOUN
ajfa-5372	84	19	of	of	ADP
ajfa-5372	84	20	the	the	DET
ajfa-5372	84	21	economic	economic	ADJ
ajfa-5372	84	22	value	value	NOUN
ajfa-5372	84	23	added	add	VERB
ajfa-5372	84	24	and	and	CCONJ
ajfa-5372	84	25	stock	stock	NOUN
ajfa-5372	84	26	market	market	NOUN
ajfa-5372	84	27	.	.	PUNCT
ajfa-5372	85	1	akbar	akbar	PROPN
ajfa-5372	85	2	parvaei1	parvaei1	PROPN
ajfa-5372	85	3	&	&	CCONJ
ajfa-5372	85	4	soran	soran	PROPN
ajfa-5372	85	5	farhadi	farhadi	PROPN
ajfa-5372	85	6	(	(	PUNCT
ajfa-5372	85	7	2013	2013	NUM
ajfa-5372	85	8	)	)	PUNCT
ajfa-5372	85	9	examined	examine	VERB
ajfa-5372	85	10	the	the	DET
ajfa-5372	85	11	main	main	ADJ
ajfa-5372	85	12	performance	performance	NOUN
ajfa-5372	85	13	measures	measure	NOUN
ajfa-5372	85	14	(	(	PUNCT
ajfa-5372	85	15	net	net	ADJ
ajfa-5372	85	16	income	income	NOUN
ajfa-5372	85	17	(	(	PUNCT
ajfa-5372	85	18	ni	ni	NOUN
ajfa-5372	85	19	)	)	PUNCT
ajfa-5372	85	20	,	,	PUNCT
ajfa-5372	85	21	residual	residual	ADJ
ajfa-5372	85	22	income	income	NOUN
ajfa-5372	85	23	(	(	PUNCT
ajfa-5372	85	24	ri	ri	NOUN
ajfa-5372	85	25	)	)	PUNCT
ajfa-5372	85	26	,	,	PUNCT
ajfa-5372	85	27	economic	economic	ADJ
ajfa-5372	85	28	value	value	NOUN
ajfa-5372	85	29	added	add	VERB
ajfa-5372	85	30	(	(	PUNCT
ajfa-5372	85	31	eva	eva	PROPN
ajfa-5372	85	32	)	)	PUNCT
ajfa-5372	85	33	&	&	CCONJ
ajfa-5372	85	34	free	free	ADJ
ajfa-5372	85	35	cash	cash	NOUN
ajfa-5372	85	36	flow	flow	NOUN
ajfa-5372	85	37	(	(	PUNCT
ajfa-5372	85	38	fcf	fcf	NOUN
ajfa-5372	85	39	)	)	PUNCT
ajfa-5372	85	40	)	)	PUNCT
ajfa-5372	85	41	of	of	ADP
ajfa-5372	85	42	firm	firm	NOUN
ajfa-5372	85	43	and	and	CCONJ
ajfa-5372	85	44	management	management	NOUN
ajfa-5372	85	45	to	to	PART
ajfa-5372	85	46	find	find	VERB
ajfa-5372	85	47	out	out	ADP
ajfa-5372	85	48	whether	whether	SCONJ
ajfa-5372	85	49	eva	eva	NOUN
ajfa-5372	85	50	works	work	VERB
ajfa-5372	85	51	better	well	ADV
ajfa-5372	85	52	than	than	ADP
ajfa-5372	85	53	other	other	ADJ
ajfa-5372	85	54	performance	performance	NOUN
ajfa-5372	85	55	measures	measure	NOUN
ajfa-5372	85	56	in	in	ADP
ajfa-5372	85	57	terms	term	NOUN
ajfa-5372	85	58	of	of	ADP
ajfa-5372	85	59	evaluating	evaluate	VERB
ajfa-5372	85	60	the	the	DET
ajfa-5372	85	61	firm	firm	NOUN
ajfa-5372	85	62	’s	’s	PART
ajfa-5372	85	63	performance	performance	NOUN
ajfa-5372	85	64	and	and	CCONJ
ajfa-5372	85	65	also	also	ADV
ajfa-5372	85	66	examined	examine	VERB
ajfa-5372	85	67	the	the	DET
ajfa-5372	85	68	predictability	predictability	NOUN
ajfa-5372	85	69	of	of	ADP
ajfa-5372	85	70	economic	economic	ADJ
ajfa-5372	85	71	value	value	NOUN
ajfa-5372	85	72	added	add	VERB
ajfa-5372	85	73	for	for	ADP
ajfa-5372	85	74	future	future	ADJ
ajfa-5372	85	75	performance	performance	NOUN
ajfa-5372	85	76	by	by	ADP
ajfa-5372	85	77	employing	employ	VERB
ajfa-5372	85	78	both	both	PRON
ajfa-5372	85	79	relevant	relevant	ADJ
ajfa-5372	85	80	information	information	NOUN
ajfa-5372	85	81	content	content	NOUN
ajfa-5372	85	82	and	and	CCONJ
ajfa-5372	85	83	incremental	incremental	ADJ
ajfa-5372	85	84	information	information	NOUN
ajfa-5372	85	85	content	content	NOUN
ajfa-5372	85	86	of	of	ADP
ajfa-5372	85	87	measures	measure	NOUN
ajfa-5372	85	88	.	.	PUNCT
ajfa-5372	86	1	the	the	DET
ajfa-5372	86	2	results	result	NOUN
ajfa-5372	86	3	showed	show	VERB
ajfa-5372	86	4	that	that	SCONJ
ajfa-5372	86	5	eva	eva	PROPN
ajfa-5372	86	6	is	be	AUX
ajfa-5372	86	7	the	the	DET
ajfa-5372	86	8	best	good	ADJ
ajfa-5372	86	9	measure	measure	NOUN
ajfa-5372	86	10	for	for	ADP
ajfa-5372	86	11	evaluating	evaluate	VERB
ajfa-5372	86	12	the	the	DET
ajfa-5372	86	13	performance	performance	NOUN
ajfa-5372	86	14	of	of	ADP
ajfa-5372	86	15	firm	firm	NOUN
ajfa-5372	86	16	and	and	CCONJ
ajfa-5372	86	17	management	management	NOUN
ajfa-5372	86	18	among	among	ADP
ajfa-5372	86	19	other	other	ADJ
ajfa-5372	86	20	measures	measure	NOUN
ajfa-5372	86	21	.	.	PUNCT
ajfa-5372	87	1	objectives	objective	NOUN
ajfa-5372	87	2	of	of	ADP
ajfa-5372	87	3	the	the	DET
ajfa-5372	87	4	study	study	NOUN
ajfa-5372	87	5	for	for	ADP
ajfa-5372	87	6	carrying	carry	VERB
ajfa-5372	87	7	out	out	ADP
ajfa-5372	87	8	the	the	DET
ajfa-5372	87	9	study	study	NOUN
ajfa-5372	87	10	,	,	PUNCT
ajfa-5372	87	11	the	the	DET
ajfa-5372	87	12	following	follow	VERB
ajfa-5372	87	13	specific	specific	ADJ
ajfa-5372	87	14	objectives	objective	NOUN
ajfa-5372	87	15	have	have	AUX
ajfa-5372	87	16	been	be	AUX
ajfa-5372	87	17	set	set	VERB
ajfa-5372	87	18	for	for	ADP
ajfa-5372	87	19	the	the	DET
ajfa-5372	87	20	study	study	NOUN
ajfa-5372	87	21	.	.	PUNCT
ajfa-5372	88	1			PUNCT
ajfa-5372	88	2	to	to	PART
ajfa-5372	88	3	study	study	VERB
ajfa-5372	88	4	value	value	NOUN
ajfa-5372	88	5	based	base	VERB
ajfa-5372	88	6	measure	measure	NOUN
ajfa-5372	88	7	economic	economic	ADJ
ajfa-5372	88	8	value	value	NOUN
ajfa-5372	88	9	added	add	VERB
ajfa-5372	88	10	.	.	PUNCT
ajfa-5372	89	1			PUNCT
ajfa-5372	90	1	to	to	PART
ajfa-5372	90	2	examine	examine	VERB
ajfa-5372	90	3	the	the	DET
ajfa-5372	90	4	correlation	correlation	NOUN
ajfa-5372	90	5	between	between	ADP
ajfa-5372	90	6	eva	eva	PROPN
ajfa-5372	90	7	and	and	CCONJ
ajfa-5372	90	8	nopat	nopat	PROPN
ajfa-5372	90	9	,	,	PUNCT
ajfa-5372	90	10	fcf	fcf	PROPN
ajfa-5372	90	11	&	&	CCONJ
ajfa-5372	90	12	rona	rona	PROPN
ajfa-5372	90	13			NOUN
ajfa-5372	90	14	to	to	PART
ajfa-5372	90	15	know	know	VERB
ajfa-5372	90	16	the	the	DET
ajfa-5372	90	17	impact	impact	NOUN
ajfa-5372	90	18	of	of	ADP
ajfa-5372	90	19	predictors	predictor	NOUN
ajfa-5372	90	20	on	on	ADP
ajfa-5372	90	21	eva	eva	NOUN
ajfa-5372	90	22	hypotheses	hypothesis	NOUN
ajfa-5372	90	23	formulation	formulation	NOUN
ajfa-5372	90	24	h0	h0	PROPN
ajfa-5372	90	25	:	:	PUNCT
ajfa-5372	90	26	eva	eva	PROPN
ajfa-5372	90	27	does	do	AUX
ajfa-5372	90	28	not	not	PART
ajfa-5372	90	29	depend	depend	VERB
ajfa-5372	90	30	on	on	ADP
ajfa-5372	90	31	time	time	NOUN
ajfa-5372	90	32	factor	factor	NOUN
ajfa-5372	90	33	.	.	PUNCT
ajfa-5372	91	1	h1	h1	PROPN
ajfa-5372	91	2	:	:	PUNCT
ajfa-5372	91	3	eva	eva	PROPN
ajfa-5372	91	4	of	of	ADP
ajfa-5372	91	5	cnx	cnx	PROPN
ajfa-5372	91	6	it	it	PRON
ajfa-5372	91	7	is	be	AUX
ajfa-5372	91	8	not	not	PART
ajfa-5372	91	9	influenced	influence	VERB
ajfa-5372	91	10	by	by	ADP
ajfa-5372	91	11	rona	rona	PROPN
ajfa-5372	91	12	,	,	PUNCT
ajfa-5372	91	13	fcf	fcf	PROPN
ajfa-5372	91	14	and	and	CCONJ
ajfa-5372	91	15	nopat	nopat	NOUN
ajfa-5372	91	16	methodology	methodology	NOUN
ajfa-5372	91	17	of	of	ADP
ajfa-5372	91	18	the	the	DET
ajfa-5372	91	19	study	study	NOUN
ajfa-5372	91	20	selection	selection	NOUN
ajfa-5372	91	21	of	of	ADP
ajfa-5372	91	22	sample	sample	NOUN
ajfa-5372	91	23	the	the	DET
ajfa-5372	91	24	sample	sample	NOUN
ajfa-5372	91	25	companies	company	NOUN
ajfa-5372	91	26	are	be	AUX
ajfa-5372	91	27	derived	derive	VERB
ajfa-5372	91	28	from	from	ADP
ajfa-5372	91	29	cnx	cnx	PROPN
ajfa-5372	91	30	it	it	PRON
ajfa-5372	91	31	index	index	NOUN
ajfa-5372	91	32	comprising	comprising	NOUN
ajfa-5372	91	33	of	of	ADP
ajfa-5372	91	34	20	20	NUM
ajfa-5372	91	35	companies	company	NOUN
ajfa-5372	91	36	,	,	PUNCT
ajfa-5372	91	37	out	out	ADP
ajfa-5372	91	38	of	of	ADP
ajfa-5372	91	39	which	which	PRON
ajfa-5372	91	40	16	16	NUM
ajfa-5372	91	41	companies	company	NOUN
ajfa-5372	91	42	have	have	AUX
ajfa-5372	91	43	been	be	AUX
ajfa-5372	91	44	selected	select	VERB
ajfa-5372	91	45	based	base	VERB
ajfa-5372	91	46	on	on	ADP
ajfa-5372	91	47	the	the	DET
ajfa-5372	91	48	availability	availability	NOUN
ajfa-5372	91	49	of	of	ADP
ajfa-5372	91	50	data	datum	NOUN
ajfa-5372	91	51	required	require	VERB
ajfa-5372	91	52	for	for	ADP
ajfa-5372	91	53	the	the	DET
ajfa-5372	91	54	study	study	NOUN
ajfa-5372	91	55	.	.	PUNCT
ajfa-5372	92	1	the	the	DET
ajfa-5372	92	2	study	study	NOUN
ajfa-5372	92	3	period	period	NOUN
ajfa-5372	92	4	is	be	AUX
ajfa-5372	92	5	from	from	ADP
ajfa-5372	92	6	2009	2009	NUM
ajfa-5372	92	7	to	to	ADP
ajfa-5372	92	8	2012	2012	NUM
ajfa-5372	92	9	.	.	PUNCT
ajfa-5372	93	1	the	the	DET
ajfa-5372	93	2	data	datum	NOUN
ajfa-5372	93	3	is	be	AUX
ajfa-5372	93	4	collected	collect	VERB
ajfa-5372	93	5	from	from	ADP
ajfa-5372	93	6	capitaline	capitaline	NOUN
ajfa-5372	93	7	database	database	NOUN
ajfa-5372	93	8	maintained	maintain	VERB
ajfa-5372	93	9	by	by	ADP
ajfa-5372	93	10	centre	centre	NOUN
ajfa-5372	93	11	for	for	ADP
ajfa-5372	93	12	monitoring	monitor	VERB
ajfa-5372	93	13	indian	indian	ADJ
ajfa-5372	93	14	economy	economy	NOUN
ajfa-5372	93	15	(	(	PUNCT
ajfa-5372	93	16	cmie	cmie	PROPN
ajfa-5372	93	17	)	)	PUNCT
ajfa-5372	93	18	based	base	VERB
ajfa-5372	93	19	on	on	ADP
ajfa-5372	93	20	the	the	DET
ajfa-5372	93	21	either	either	CCONJ
ajfa-5372	93	22	financial	financial	ADJ
ajfa-5372	93	23	year	year	NOUN
ajfa-5372	93	24	results	result	NOUN
ajfa-5372	93	25	or	or	CCONJ
ajfa-5372	93	26	calendar	calendar	NOUN
ajfa-5372	93	27	year	year	NOUN
ajfa-5372	93	28	results	result	NOUN
ajfa-5372	93	29	.	.	PUNCT
ajfa-5372	94	1	both	both	DET
ajfa-5372	94	2	the	the	DET
ajfa-5372	94	3	periods	period	NOUN
ajfa-5372	94	4	were	be	AUX
ajfa-5372	94	5	considered	consider	VERB
ajfa-5372	94	6	inorder	inorder	NOUN
ajfa-5372	94	7	to	to	PART
ajfa-5372	94	8	analyse	analyse	VERB
ajfa-5372	94	9	the	the	DET
ajfa-5372	94	10	results	result	NOUN
ajfa-5372	94	11	.	.	PUNCT
ajfa-5372	95	1	some	some	DET
ajfa-5372	95	2	companies	company	NOUN
ajfa-5372	95	3	have	have	AUX
ajfa-5372	95	4	been	be	AUX
ajfa-5372	95	5	eliminated	eliminate	VERB
ajfa-5372	95	6	due	due	ADP
ajfa-5372	95	7	to	to	ADP
ajfa-5372	95	8	non	non	NOUN
ajfa-5372	95	9	-	-	NOUN
ajfa-5372	95	10	availability	availability	NOUN
ajfa-5372	95	11	of	of	ADP
ajfa-5372	95	12	required	require	VERB
ajfa-5372	95	13	information	information	NOUN
ajfa-5372	95	14	in	in	ADP
ajfa-5372	95	15	terms	term	NOUN
ajfa-5372	95	16	of	of	ADP
ajfa-5372	95	17	stock	stock	NOUN
ajfa-5372	95	18	returns	return	NOUN
ajfa-5372	95	19	for	for	ADP
ajfa-5372	95	20	the	the	DET
ajfa-5372	95	21	said	say	VERB
ajfa-5372	95	22	period	period	NOUN
ajfa-5372	95	23	for	for	ADP
ajfa-5372	95	24	analyzing	analyze	VERB
ajfa-5372	95	25	the	the	DET
ajfa-5372	95	26	data	datum	NOUN
ajfa-5372	95	27	.	.	PUNCT
ajfa-5372	96	1	asian	asian	ADJ
ajfa-5372	96	2	journal	journal	PROPN
ajfa-5372	96	3	of	of	ADP
ajfa-5372	96	4	finance	finance	PROPN
ajfa-5372	96	5	&	&	CCONJ
ajfa-5372	96	6	accounting	accounting	PROPN
ajfa-5372	96	7	issn	issn	PROPN
ajfa-5372	96	8	1946	1946	NUM
ajfa-5372	96	9	-	-	PUNCT
ajfa-5372	96	10	052x	052x	PROPN
ajfa-5372	96	11	2014	2014	NUM
ajfa-5372	96	12	,	,	PUNCT
ajfa-5372	96	13	vol	vol	NOUN
ajfa-5372	96	14	.	.	PROPN
ajfa-5372	97	1	6	6	NUM
ajfa-5372	97	2	,	,	PUNCT
ajfa-5372	97	3	no	no	INTJ
ajfa-5372	97	4	.	.	NOUN
ajfa-5372	97	5	1	1	NUM
ajfa-5372	97	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5372	97	7	393	393	NUM
ajfa-5372	97	8	data	datum	NOUN
ajfa-5372	97	9	collection	collection	NOUN
ajfa-5372	97	10	for	for	ADP
ajfa-5372	97	11	the	the	DET
ajfa-5372	97	12	purpose	purpose	NOUN
ajfa-5372	97	13	of	of	ADP
ajfa-5372	97	14	the	the	DET
ajfa-5372	97	15	study	study	NOUN
ajfa-5372	97	16	,	,	PUNCT
ajfa-5372	97	17	only	only	ADV
ajfa-5372	97	18	secondary	secondary	ADJ
ajfa-5372	97	19	data	datum	NOUN
ajfa-5372	97	20	have	have	AUX
ajfa-5372	97	21	been	be	AUX
ajfa-5372	97	22	used	use	VERB
ajfa-5372	97	23	.	.	PUNCT
ajfa-5372	98	1	the	the	DET
ajfa-5372	98	2	relevant	relevant	ADJ
ajfa-5372	98	3	secondary	secondary	ADJ
ajfa-5372	98	4	data	datum	NOUN
ajfa-5372	98	5	have	have	AUX
ajfa-5372	98	6	been	be	AUX
ajfa-5372	98	7	collected	collect	VERB
ajfa-5372	98	8	from	from	ADP
ajfa-5372	98	9	the	the	DET
ajfa-5372	98	10	capitaline	capitaline	NOUN
ajfa-5372	98	11	database	database	NOUN
ajfa-5372	98	12	,	,	PUNCT
ajfa-5372	98	13	provided	provide	VERB
ajfa-5372	98	14	by	by	ADP
ajfa-5372	98	15	centre	centre	NOUN
ajfa-5372	98	16	for	for	ADP
ajfa-5372	98	17	monitoring	monitor	VERB
ajfa-5372	98	18	indian	indian	ADJ
ajfa-5372	98	19	economy	economy	NOUN
ajfa-5372	98	20	(	(	PUNCT
ajfa-5372	98	21	cmie	cmie	PROPN
ajfa-5372	98	22	)	)	PUNCT
ajfa-5372	98	23	.	.	PUNCT
ajfa-5372	99	1	the	the	DET
ajfa-5372	99	2	study	study	NOUN
ajfa-5372	99	3	required	require	VERB
ajfa-5372	99	4	variety	variety	NOUN
ajfa-5372	99	5	of	of	ADP
ajfa-5372	99	6	data	datum	NOUN
ajfa-5372	99	7	;	;	PUNCT
ajfa-5372	99	8	therefore	therefore	ADV
ajfa-5372	99	9	websites	website	NOUN
ajfa-5372	99	10	like	like	ADP
ajfa-5372	99	11	www.rbi.org.in	www.rbi.org.in	ADV
ajfa-5372	99	12	,	,	PUNCT
ajfa-5372	99	13	www.nic.in	www.nic.in	ADV
ajfa-5372	99	14	,	,	PUNCT
ajfa-5372	99	15	www.indiastat.com	www.indiastat.com	X
ajfa-5372	99	16	have	have	AUX
ajfa-5372	99	17	been	be	AUX
ajfa-5372	99	18	comprehensively	comprehensively	ADV
ajfa-5372	99	19	searched	search	VERB
ajfa-5372	99	20	.	.	PUNCT
ajfa-5372	100	1	model	model	PROPN
ajfa-5372	100	2	development	development	PROPN
ajfa-5372	100	3	to	to	PART
ajfa-5372	100	4	test	test	VERB
ajfa-5372	100	5	the	the	DET
ajfa-5372	100	6	hypotheses	hypothesis	NOUN
ajfa-5372	100	7	and	and	CCONJ
ajfa-5372	100	8	as	as	ADP
ajfa-5372	100	9	a	a	DET
ajfa-5372	100	10	part	part	NOUN
ajfa-5372	100	11	of	of	ADP
ajfa-5372	100	12	analysis	analysis	NOUN
ajfa-5372	100	13	,	,	PUNCT
ajfa-5372	100	14	some	some	DET
ajfa-5372	100	15	statistical	statistical	ADJ
ajfa-5372	100	16	tools	tool	NOUN
ajfa-5372	100	17	like	like	ADP
ajfa-5372	100	18	descriptive	descriptive	ADJ
ajfa-5372	100	19	statistics	statistic	NOUN
ajfa-5372	100	20	,	,	PUNCT
ajfa-5372	100	21	anova	anova	PROPN
ajfa-5372	100	22	,	,	PUNCT
ajfa-5372	100	23	correlation	correlation	NOUN
ajfa-5372	100	24	analysis	analysis	NOUN
ajfa-5372	100	25	,	,	PUNCT
ajfa-5372	100	26	multiple	multiple	ADJ
ajfa-5372	100	27	regression	regression	NOUN
ajfa-5372	100	28	analysis	analysis	NOUN
ajfa-5372	100	29	has	have	AUX
ajfa-5372	100	30	been	be	AUX
ajfa-5372	100	31	used	use	VERB
ajfa-5372	100	32	.	.	PUNCT
ajfa-5372	101	1	also	also	ADV
ajfa-5372	101	2	cagr	cagr	NOUN
ajfa-5372	101	3	(	(	PUNCT
ajfa-5372	101	4	compounded	compound	VERB
ajfa-5372	101	5	annual	annual	ADJ
ajfa-5372	101	6	growth	growth	NOUN
ajfa-5372	101	7	rate	rate	NOUN
ajfa-5372	101	8	)	)	PUNCT
ajfa-5372	101	9	of	of	ADP
ajfa-5372	101	10	eva	eva	PROPN
ajfa-5372	101	11	,	,	PUNCT
ajfa-5372	101	12	the	the	DET
ajfa-5372	101	13	criterion	criterion	NOUN
ajfa-5372	101	14	variable	variable	NOUN
ajfa-5372	101	15	,	,	PUNCT
ajfa-5372	101	16	and	and	CCONJ
ajfa-5372	101	17	yoygr	yoygr	PROPN
ajfa-5372	101	18	(	(	PUNCT
ajfa-5372	101	19	year	year	NOUN
ajfa-5372	101	20	on	on	ADP
ajfa-5372	101	21	year	year	NOUN
ajfa-5372	101	22	growth	growth	NOUN
ajfa-5372	101	23	rate	rate	NOUN
ajfa-5372	101	24	)	)	PUNCT
ajfa-5372	101	25	of	of	ADP
ajfa-5372	101	26	all	all	DET
ajfa-5372	101	27	variables	variable	NOUN
ajfa-5372	101	28	has	have	AUX
ajfa-5372	101	29	been	be	AUX
ajfa-5372	101	30	computed	compute	VERB
ajfa-5372	101	31	.	.	PUNCT
ajfa-5372	102	1	the	the	DET
ajfa-5372	102	2	following	follow	VERB
ajfa-5372	102	3	is	be	AUX
ajfa-5372	102	4	the	the	DET
ajfa-5372	102	5	description	description	NOUN
ajfa-5372	102	6	of	of	ADP
ajfa-5372	102	7	the	the	DET
ajfa-5372	102	8	model	model	NOUN
ajfa-5372	102	9	fit	fit	NOUN
ajfa-5372	102	10	used	use	VERB
ajfa-5372	102	11	in	in	ADP
ajfa-5372	102	12	the	the	DET
ajfa-5372	102	13	study	study	NOUN
ajfa-5372	102	14	.	.	PUNCT
ajfa-5372	103	1	eva	eva	PROPN
ajfa-5372	103	2	=	=	PUNCT
ajfa-5372	103	3	α	α	PROPN
ajfa-5372	103	4	+	+	X
ajfa-5372	103	5	β1	β1	PROPN
ajfa-5372	103	6	(	(	PUNCT
ajfa-5372	103	7	nopat	nopat	PROPN
ajfa-5372	103	8	)	)	PUNCT
ajfa-5372	104	1	+	+	NUM
ajfa-5372	104	2	β2	β2	NOUN
ajfa-5372	104	3	(	(	PUNCT
ajfa-5372	104	4	fcf	fcf	NOUN
ajfa-5372	104	5	)	)	PUNCT
ajfa-5372	104	6	+	+	CCONJ
ajfa-5372	104	7	β3	β3	ADJ
ajfa-5372	104	8	(	(	PUNCT
ajfa-5372	104	9	rona	rona	PROPN
ajfa-5372	104	10	)	)	PUNCT
ajfa-5372	105	1	+	+	CCONJ
ajfa-5372	105	2	e	e	X
ajfa-5372	105	3	the	the	DET
ajfa-5372	105	4	above	above	ADJ
ajfa-5372	105	5	model	model	NOUN
ajfa-5372	105	6	connotes	connote	VERB
ajfa-5372	105	7	residual	residual	ADJ
ajfa-5372	105	8	income	income	NOUN
ajfa-5372	105	9	measure	measure	NOUN
ajfa-5372	105	10	viz	viz	PROPN
ajfa-5372	105	11	.	.	PROPN
ajfa-5372	105	12	,	,	PUNCT
ajfa-5372	105	13	economic	economic	ADJ
ajfa-5372	105	14	value	value	NOUN
ajfa-5372	105	15	added	add	VERB
ajfa-5372	105	16	(	(	PUNCT
ajfa-5372	105	17	eva	eva	PROPN
ajfa-5372	105	18	)	)	PUNCT
ajfa-5372	105	19	as	as	ADP
ajfa-5372	105	20	dependent	dependent	ADJ
ajfa-5372	105	21	variable	variable	NOUN
ajfa-5372	105	22	or	or	CCONJ
ajfa-5372	105	23	also	also	ADV
ajfa-5372	105	24	known	know	VERB
ajfa-5372	105	25	as	as	ADP
ajfa-5372	105	26	criterion	criterion	NOUN
ajfa-5372	105	27	variable	variable	NOUN
ajfa-5372	105	28	and	and	CCONJ
ajfa-5372	105	29	net	net	ADJ
ajfa-5372	105	30	operating	operating	NOUN
ajfa-5372	105	31	profit	profit	NOUN
ajfa-5372	105	32	after	after	ADP
ajfa-5372	105	33	tax	tax	NOUN
ajfa-5372	105	34	(	(	PUNCT
ajfa-5372	105	35	nopat	nopat	PROPN
ajfa-5372	105	36	)	)	PUNCT
ajfa-5372	105	37	,	,	PUNCT
ajfa-5372	105	38	free	free	ADJ
ajfa-5372	105	39	cash	cash	NOUN
ajfa-5372	105	40	flow	flow	NOUN
ajfa-5372	105	41	(	(	PUNCT
ajfa-5372	105	42	fcf	fcf	NOUN
ajfa-5372	105	43	)	)	PUNCT
ajfa-5372	105	44	and	and	CCONJ
ajfa-5372	105	45	return	return	VERB
ajfa-5372	105	46	on	on	ADP
ajfa-5372	105	47	net	net	ADJ
ajfa-5372	105	48	assets	asset	NOUN
ajfa-5372	105	49	(	(	PUNCT
ajfa-5372	105	50	rona	rona	PROPN
ajfa-5372	105	51	)	)	PUNCT
ajfa-5372	105	52	as	as	ADP
ajfa-5372	105	53	independent	independent	ADJ
ajfa-5372	105	54	variables	variable	NOUN
ajfa-5372	105	55	or	or	CCONJ
ajfa-5372	105	56	also	also	ADV
ajfa-5372	105	57	known	know	VERB
ajfa-5372	105	58	as	as	ADP
ajfa-5372	105	59	predictor	predictor	NOUN
ajfa-5372	105	60	variables	variable	NOUN
ajfa-5372	105	61	.	.	PUNCT
ajfa-5372	106	1	eva	eva	NOUN
ajfa-5372	106	2	=	=	PROPN
ajfa-5372	106	3	net	net	ADJ
ajfa-5372	106	4	operating	operating	NOUN
ajfa-5372	106	5	profit	profit	NOUN
ajfa-5372	106	6	after	after	ADP
ajfa-5372	106	7	taxes	taxis	NOUN
ajfa-5372	106	8	(	(	PUNCT
ajfa-5372	106	9	nopat	nopat	PROPN
ajfa-5372	106	10	)	)	PUNCT
ajfa-5372	106	11	(	(	PUNCT
ajfa-5372	106	12	capital	capital	NOUN
ajfa-5372	106	13	invested	invest	VERB
ajfa-5372	106	14	*	*	PUNCT
ajfa-5372	106	15	wacc	wacc	PROPN
ajfa-5372	106	16	)	)	PUNCT
ajfa-5372	106	17	nopat=	nopat=	NUM
ajfa-5372	106	18	operating	operating	NOUN
ajfa-5372	106	19	income	income	NOUN
ajfa-5372	106	20	x	x	SYM
ajfa-5372	106	21	(	(	PUNCT
ajfa-5372	106	22	1	1	NUM
ajfa-5372	106	23	tax	tax	NOUN
ajfa-5372	106	24	rate	rate	NOUN
ajfa-5372	106	25	)	)	PUNCT
ajfa-5372	106	26	wacc=	wacc=	NUM
ajfa-5372	106	27	(	(	PUNCT
ajfa-5372	106	28	ke	ke	NOUN
ajfa-5372	106	29	*	*	PUNCT
ajfa-5372	106	30	we	we	PRON
ajfa-5372	106	31	)	)	PUNCT
ajfa-5372	107	1	+	+	CCONJ
ajfa-5372	107	2	(	(	PUNCT
ajfa-5372	107	3	kd	kd	X
ajfa-5372	107	4	*	*	PUNCT
ajfa-5372	107	5	wd	wd	PROPN
ajfa-5372	107	6	)	)	PUNCT
ajfa-5372	107	7	ke	ke	NOUN
ajfa-5372	107	8	=	=	PUNCT
ajfa-5372	107	9	cost	cost	NOUN
ajfa-5372	107	10	of	of	ADP
ajfa-5372	107	11	equity	equity	NOUN
ajfa-5372	107	12	:	:	PUNCT
ajfa-5372	107	13	calculated	calculate	VERB
ajfa-5372	107	14	using	use	VERB
ajfa-5372	107	15	capm	capm	PROPN
ajfa-5372	107	16	model	model	NOUN
ajfa-5372	107	17	i.e.	i.e.	X
ajfa-5372	107	18	,	,	PUNCT
ajfa-5372	107	19	ke	ke	NOUN
ajfa-5372	107	20	=	=	PUNCT
ajfa-5372	107	21	rf	rf	PROPN
ajfa-5372	107	22	+	+	CCONJ
ajfa-5372	107	23	β	β	X
ajfa-5372	107	24	(	(	PUNCT
ajfa-5372	107	25	rm	rm	PROPN
ajfa-5372	107	26	–	–	PUNCT
ajfa-5372	107	27	rf	rf	NOUN
ajfa-5372	107	28	)	)	PUNCT
ajfa-5372	107	29	rf	rf	PROPN
ajfa-5372	107	30	=	=	NOUN
ajfa-5372	107	31	treasury	treasury	NOUN
ajfa-5372	107	32	bill	bill	NOUN
ajfa-5372	107	33	rate	rate	NOUN
ajfa-5372	107	34	rm	rm	PROPN
ajfa-5372	107	35	=	=	NOUN
ajfa-5372	107	36	market	market	NOUN
ajfa-5372	107	37	return	return	NOUN
ajfa-5372	107	38	where	where	SCONJ
ajfa-5372	107	39	,	,	PUNCT
ajfa-5372	107	40	rs	rs	X
ajfa-5372	107	41	is	be	AUX
ajfa-5372	107	42	the	the	DET
ajfa-5372	107	43	return	return	NOUN
ajfa-5372	107	44	on	on	ADP
ajfa-5372	107	45	the	the	DET
ajfa-5372	107	46	stock	stock	NOUN
ajfa-5372	107	47	and	and	CCONJ
ajfa-5372	107	48	rb	rb	NOUN
ajfa-5372	107	49	is	be	AUX
ajfa-5372	107	50	the	the	DET
ajfa-5372	107	51	return	return	NOUN
ajfa-5372	107	52	on	on	ADP
ajfa-5372	107	53	a	a	DET
ajfa-5372	107	54	benchmark	benchmark	ADJ
ajfa-5372	107	55	index	index	NOUN
ajfa-5372	107	56	.	.	PUNCT
ajfa-5372	108	1	we	we	PRON
ajfa-5372	108	2	=	=	SYM
ajfa-5372	108	3	equity	equity	NOUN
ajfa-5372	108	4	share	share	NOUN
ajfa-5372	108	5	capital	capital	NOUN
ajfa-5372	108	6	/	/	SYM
ajfa-5372	108	7	capital	capital	NOUN
ajfa-5372	108	8	invested	invest	VERB
ajfa-5372	108	9	kd	kd	NOUN
ajfa-5372	108	10	=	=	PUNCT
ajfa-5372	108	11	cost	cost	NOUN
ajfa-5372	108	12	of	of	ADP
ajfa-5372	108	13	debt	debt	NOUN
ajfa-5372	108	14	=	=	SYM
ajfa-5372	108	15	interest	interest	NOUN
ajfa-5372	108	16	/	/	SYM
ajfa-5372	108	17	total	total	ADJ
ajfa-5372	108	18	debt	debt	NOUN
ajfa-5372	108	19	wd	wd	PROPN
ajfa-5372	108	20	=	=	PUNCT
ajfa-5372	108	21	total	total	ADJ
ajfa-5372	108	22	debt	debt	NOUN
ajfa-5372	108	23	/	/	SYM
ajfa-5372	108	24	capital	capital	NOUN
ajfa-5372	108	25	invested	invest	VERB
ajfa-5372	108	26	fcf=	fcf=	PROPN
ajfa-5372	108	27	net	net	ADJ
ajfa-5372	108	28	cash	cash	NOUN
ajfa-5372	108	29	flow	flow	NOUN
ajfa-5372	108	30	from	from	ADP
ajfa-5372	108	31	operating	operate	VERB
ajfa-5372	108	32	activities	activity	NOUN
ajfa-5372	108	33	–	–	PUNCT
ajfa-5372	108	34	net	net	ADJ
ajfa-5372	108	35	cash	cash	NOUN
ajfa-5372	108	36	used	use	VERB
ajfa-5372	108	37	in	in	ADP
ajfa-5372	108	38	investing	invest	VERB
ajfa-5372	108	39	activities	activity	NOUN
ajfa-5372	108	40	rona=	rona=	NUM
ajfa-5372	108	41	operating	operate	VERB
ajfa-5372	108	42	profit	profit	NOUN
ajfa-5372	108	43	/	/	SYM
ajfa-5372	108	44	net	net	ADJ
ajfa-5372	108	45	assets	asset	NOUN
ajfa-5372	108	46	along	along	ADP
ajfa-5372	108	47	with	with	ADP
ajfa-5372	108	48	the	the	DET
ajfa-5372	108	49	above	above	ADJ
ajfa-5372	108	50	connotations	connotation	NOUN
ajfa-5372	108	51	other	other	ADJ
ajfa-5372	108	52	co	co	NOUN
ajfa-5372	108	53	-	-	NOUN
ajfa-5372	108	54	efficients	efficient	NOUN
ajfa-5372	108	55	also	also	ADV
ajfa-5372	108	56	have	have	AUX
ajfa-5372	108	57	been	be	AUX
ajfa-5372	108	58	incorporated	incorporate	VERB
ajfa-5372	108	59	,	,	PUNCT
ajfa-5372	108	60	such	such	ADJ
ajfa-5372	108	61	as	as	ADP
ajfa-5372	108	62	,	,	PUNCT
ajfa-5372	108	63	‘	'	PUNCT
ajfa-5372	108	64	α	α	X
ajfa-5372	108	65	’	'	PUNCT
ajfa-5372	108	66	is	be	AUX
ajfa-5372	108	67	the	the	DET
ajfa-5372	108	68	intercept	intercept	NOUN
ajfa-5372	108	69	and	and	CCONJ
ajfa-5372	108	70	‘	'	PUNCT
ajfa-5372	108	71	β1	β1	PROPN
ajfa-5372	108	72	’	'	PUNCT
ajfa-5372	108	73	is	be	AUX
ajfa-5372	108	74	the	the	DET
ajfa-5372	108	75	coefficient	coefficient	NOUN
ajfa-5372	108	76	of	of	ADP
ajfa-5372	108	77	nopat	nopat	PROPN
ajfa-5372	108	78	,	,	PUNCT
ajfa-5372	108	79	‘	'	PUNCT
ajfa-5372	108	80	β2	β2	NOUN
ajfa-5372	108	81	’	'	PUNCT
ajfa-5372	108	82	is	be	AUX
ajfa-5372	108	83	the	the	DET
ajfa-5372	108	84	coefficient	coefficient	NOUN
ajfa-5372	108	85	of	of	ADP
ajfa-5372	108	86	fcf	fcf	PROPN
ajfa-5372	108	87	and	and	CCONJ
ajfa-5372	108	88	asian	asian	ADJ
ajfa-5372	108	89	journal	journal	NOUN
ajfa-5372	108	90	of	of	ADP
ajfa-5372	108	91	finance	finance	PROPN
ajfa-5372	108	92	&	&	CCONJ
ajfa-5372	108	93	accounting	accounting	PROPN
ajfa-5372	108	94	issn	issn	PROPN
ajfa-5372	108	95	1946	1946	NUM
ajfa-5372	108	96	-	-	PUNCT
ajfa-5372	108	97	052x	052x	PROPN
ajfa-5372	108	98	2014	2014	NUM
ajfa-5372	108	99	,	,	PUNCT
ajfa-5372	108	100	vol	vol	NOUN
ajfa-5372	108	101	.	.	PROPN
ajfa-5372	108	102	6	6	NUM
ajfa-5372	108	103	,	,	PUNCT
ajfa-5372	108	104	no	no	INTJ
ajfa-5372	108	105	.	.	NOUN
ajfa-5372	108	106	1	1	NUM
ajfa-5372	108	107	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5372	108	108	394	394	NUM
ajfa-5372	108	109	‘	'	PUNCT
ajfa-5372	108	110	β3	β3	ADJ
ajfa-5372	108	111	’	'	PUNCT
ajfa-5372	108	112	is	be	AUX
ajfa-5372	108	113	the	the	DET
ajfa-5372	108	114	coefficient	coefficient	NOUN
ajfa-5372	108	115	of	of	ADP
ajfa-5372	108	116	rona	rona	PROPN
ajfa-5372	108	117	which	which	PRON
ajfa-5372	108	118	indicate	indicate	VERB
ajfa-5372	108	119	the	the	DET
ajfa-5372	108	120	variability	variability	NOUN
ajfa-5372	108	121	in	in	ADP
ajfa-5372	108	122	the	the	DET
ajfa-5372	108	123	criterion	criterion	NOUN
ajfa-5372	108	124	variable	variable	NOUN
ajfa-5372	108	125	i.e.	i.e.	X
ajfa-5372	108	126	eva	eva	PROPN
ajfa-5372	108	127	from	from	ADP
ajfa-5372	108	128	its	its	PRON
ajfa-5372	108	129	mean	mean	ADJ
ajfa-5372	108	130	value	value	NOUN
ajfa-5372	108	131	caused	cause	VERB
ajfa-5372	108	132	by	by	ADP
ajfa-5372	108	133	predictor	predictor	NOUN
ajfa-5372	108	134	variables	variable	NOUN
ajfa-5372	108	135	and	and	CCONJ
ajfa-5372	108	136	‘	'	PUNCT
ajfa-5372	108	137	e	e	NOUN
ajfa-5372	108	138	’	'	PUNCT
ajfa-5372	108	139	is	be	AUX
ajfa-5372	108	140	the	the	DET
ajfa-5372	108	141	error	error	NOUN
ajfa-5372	108	142	term	term	NOUN
ajfa-5372	108	143	.	.	PUNCT
ajfa-5372	109	1	to	to	PART
ajfa-5372	109	2	examine	examine	VERB
ajfa-5372	109	3	the	the	DET
ajfa-5372	109	4	correlation	correlation	NOUN
ajfa-5372	109	5	between	between	ADP
ajfa-5372	109	6	the	the	DET
ajfa-5372	109	7	variables	variables	PROPN
ajfa-5372	109	8	karlpearson	karlpearson	PROPN
ajfa-5372	109	9	’s	’s	PART
ajfa-5372	109	10	correlation	correlation	NOUN
ajfa-5372	109	11	co	co	NOUN
ajfa-5372	109	12	-	-	ADJ
ajfa-5372	109	13	efficient	efficient	ADJ
ajfa-5372	109	14	has	have	AUX
ajfa-5372	109	15	been	be	AUX
ajfa-5372	109	16	employed	employ	VERB
ajfa-5372	109	17	which	which	DET
ajfa-5372	109	18	facilitate	facilitate	NOUN
ajfa-5372	109	19	to	to	PART
ajfa-5372	109	20	evaluate	evaluate	VERB
ajfa-5372	109	21	the	the	DET
ajfa-5372	109	22	strength	strength	NOUN
ajfa-5372	109	23	of	of	ADP
ajfa-5372	109	24	the	the	DET
ajfa-5372	109	25	linear	linear	PROPN
ajfa-5372	109	26	relationship	relationship	NOUN
ajfa-5372	109	27	among	among	ADP
ajfa-5372	109	28	the	the	DET
ajfa-5372	109	29	stated	state	VERB
ajfa-5372	109	30	variables	variable	NOUN
ajfa-5372	109	31	.	.	PUNCT
ajfa-5372	110	1	to	to	PART
ajfa-5372	110	2	validate	validate	VERB
ajfa-5372	110	3	the	the	DET
ajfa-5372	110	4	model	model	NOUN
ajfa-5372	110	5	regression	regression	NOUN
ajfa-5372	110	6	analysis	analysis	NOUN
ajfa-5372	110	7	is	be	AUX
ajfa-5372	110	8	run	run	VERB
ajfa-5372	110	9	separately	separately	ADV
ajfa-5372	110	10	for	for	ADP
ajfa-5372	110	11	individual	individual	ADJ
ajfa-5372	110	12	year	year	NOUN
ajfa-5372	110	13	from	from	ADP
ajfa-5372	110	14	2009	2009	NUM
ajfa-5372	110	15	to	to	ADP
ajfa-5372	110	16	2012	2012	NUM
ajfa-5372	110	17	using	use	VERB
ajfa-5372	110	18	criterion	criterion	NOUN
ajfa-5372	110	19	and	and	CCONJ
ajfa-5372	110	20	predictor	predictor	NOUN
ajfa-5372	110	21	variables	variable	NOUN
ajfa-5372	110	22	of	of	ADP
ajfa-5372	110	23	all	all	DET
ajfa-5372	110	24	16	16	NUM
ajfa-5372	110	25	sample	sample	NOUN
ajfa-5372	110	26	companies	company	NOUN
ajfa-5372	110	27	from	from	ADP
ajfa-5372	110	28	cnx	cnx	PROPN
ajfa-5372	110	29	it	it	PROPN
ajfa-5372	110	30	index	index	NOUN
ajfa-5372	110	31	.	.	PUNCT
ajfa-5372	111	1	it	it	PRON
ajfa-5372	111	2	is	be	AUX
ajfa-5372	111	3	done	do	VERB
ajfa-5372	111	4	to	to	PART
ajfa-5372	111	5	test	test	VERB
ajfa-5372	111	6	the	the	DET
ajfa-5372	111	7	impact	impact	NOUN
ajfa-5372	111	8	of	of	ADP
ajfa-5372	111	9	predictor	predictor	NOUN
ajfa-5372	111	10	variables	variable	NOUN
ajfa-5372	111	11	on	on	ADP
ajfa-5372	111	12	criterion	criterion	NOUN
ajfa-5372	111	13	variable	variable	NOUN
ajfa-5372	111	14	independently	independently	ADV
ajfa-5372	111	15	in	in	ADP
ajfa-5372	111	16	each	each	DET
ajfa-5372	111	17	year	year	NOUN
ajfa-5372	111	18	and	and	CCONJ
ajfa-5372	111	19	to	to	PART
ajfa-5372	111	20	examine	examine	VERB
ajfa-5372	111	21	if	if	SCONJ
ajfa-5372	111	22	any	any	DET
ajfa-5372	111	23	single	single	ADJ
ajfa-5372	111	24	predictor	predictor	NOUN
ajfa-5372	111	25	variable	variable	NOUN
ajfa-5372	111	26	exclusively	exclusively	ADV
ajfa-5372	111	27	or	or	CCONJ
ajfa-5372	111	28	all	all	DET
ajfa-5372	111	29	predictors	predictor	NOUN
ajfa-5372	111	30	influenced	influence	VERB
ajfa-5372	111	31	eva	eva	PROPN
ajfa-5372	111	32	during	during	ADP
ajfa-5372	111	33	the	the	DET
ajfa-5372	111	34	study	study	NOUN
ajfa-5372	111	35	period	period	NOUN
ajfa-5372	111	36	.	.	PUNCT
ajfa-5372	112	1	in	in	ADP
ajfa-5372	112	2	order	order	NOUN
ajfa-5372	112	3	to	to	PART
ajfa-5372	112	4	study	study	VERB
ajfa-5372	112	5	the	the	DET
ajfa-5372	112	6	special	special	ADJ
ajfa-5372	112	7	contribution	contribution	NOUN
ajfa-5372	112	8	of	of	ADP
ajfa-5372	112	9	each	each	DET
ajfa-5372	112	10	predictor	predictor	NOUN
ajfa-5372	112	11	variable	variable	NOUN
ajfa-5372	112	12	to	to	ADP
ajfa-5372	112	13	the	the	DET
ajfa-5372	112	14	equation	equation	NOUN
ajfa-5372	112	15	,	,	PUNCT
ajfa-5372	112	16	beta	beta	ADJ
ajfa-5372	112	17	coefficients	coefficient	NOUN
ajfa-5372	112	18	(	(	PUNCT
ajfa-5372	112	19	β	β	NOUN
ajfa-5372	112	20	)	)	PUNCT
ajfa-5372	112	21	of	of	ADP
ajfa-5372	112	22	the	the	DET
ajfa-5372	112	23	un	un	ADJ
ajfa-5372	112	24	-	-	ADJ
ajfa-5372	112	25	standardized	standardized	ADJ
ajfa-5372	112	26	variables	variable	NOUN
ajfa-5372	112	27	are	be	AUX
ajfa-5372	112	28	taken	take	VERB
ajfa-5372	112	29	into	into	ADP
ajfa-5372	112	30	account	account	NOUN
ajfa-5372	112	31	.	.	PUNCT
ajfa-5372	113	1	also	also	ADV
ajfa-5372	113	2	the	the	DET
ajfa-5372	113	3	compounded	compound	VERB
ajfa-5372	113	4	annual	annual	ADJ
ajfa-5372	113	5	growth	growth	NOUN
ajfa-5372	113	6	rate	rate	NOUN
ajfa-5372	113	7	(	(	PUNCT
ajfa-5372	113	8	cagr	cagr	NOUN
ajfa-5372	113	9	)	)	PUNCT
ajfa-5372	113	10	and	and	CCONJ
ajfa-5372	113	11	year	year	NOUN
ajfa-5372	113	12	on	on	ADP
ajfa-5372	113	13	year	year	NOUN
ajfa-5372	113	14	growth	growth	NOUN
ajfa-5372	113	15	rate	rate	NOUN
ajfa-5372	113	16	(	(	PUNCT
ajfa-5372	113	17	yoygr	yoygr	PROPN
ajfa-5372	113	18	)	)	PUNCT
ajfa-5372	113	19	of	of	ADP
ajfa-5372	113	20	eva	eva	NOUN
ajfa-5372	113	21	has	have	AUX
ajfa-5372	113	22	been	be	AUX
ajfa-5372	113	23	computed	compute	VERB
ajfa-5372	113	24	.	.	PUNCT
ajfa-5372	114	1	empirical	empirical	ADJ
ajfa-5372	114	2	results	result	NOUN
ajfa-5372	114	3	inorder	inorder	VERB
ajfa-5372	114	4	to	to	PART
ajfa-5372	114	5	test	test	VERB
ajfa-5372	114	6	the	the	DET
ajfa-5372	114	7	impact	impact	NOUN
ajfa-5372	114	8	of	of	ADP
ajfa-5372	114	9	all	all	DET
ajfa-5372	114	10	predictor	predictor	NOUN
ajfa-5372	114	11	variables	variable	NOUN
ajfa-5372	114	12	on	on	ADP
ajfa-5372	114	13	economic	economic	ADJ
ajfa-5372	114	14	value	value	NOUN
ajfa-5372	114	15	added	add	VERB
ajfa-5372	114	16	of	of	ADP
ajfa-5372	114	17	the	the	DET
ajfa-5372	114	18	sample	sample	NOUN
ajfa-5372	114	19	companies	company	NOUN
ajfa-5372	114	20	certain	certain	ADJ
ajfa-5372	114	21	statistical	statistical	ADJ
ajfa-5372	114	22	tools	tool	NOUN
ajfa-5372	114	23	were	be	AUX
ajfa-5372	114	24	used	use	VERB
ajfa-5372	114	25	to	to	PART
ajfa-5372	114	26	analyse	analyse	VERB
ajfa-5372	114	27	the	the	DET
ajfa-5372	114	28	data	datum	NOUN
ajfa-5372	114	29	.	.	PUNCT
ajfa-5372	115	1	the	the	DET
ajfa-5372	115	2	spss	spss	PROPN
ajfa-5372	115	3	20.0	20.0	NUM
ajfa-5372	115	4	was	be	AUX
ajfa-5372	115	5	used	use	VERB
ajfa-5372	115	6	to	to	PART
ajfa-5372	115	7	ascertain	ascertain	VERB
ajfa-5372	115	8	the	the	DET
ajfa-5372	115	9	results	result	NOUN
ajfa-5372	115	10	and	and	CCONJ
ajfa-5372	115	11	the	the	DET
ajfa-5372	115	12	output	output	NOUN
ajfa-5372	115	13	was	be	AUX
ajfa-5372	115	14	condensed	condense	VERB
ajfa-5372	115	15	into	into	ADP
ajfa-5372	115	16	tabular	tabular	NOUN
ajfa-5372	115	17	form	form	NOUN
ajfa-5372	115	18	to	to	PART
ajfa-5372	115	19	avoid	avoid	VERB
ajfa-5372	115	20	consumption	consumption	NOUN
ajfa-5372	115	21	of	of	ADP
ajfa-5372	115	22	space	space	NOUN
ajfa-5372	115	23	.	.	PUNCT
ajfa-5372	116	1	some	some	DET
ajfa-5372	116	2	observations	observation	NOUN
ajfa-5372	116	3	have	have	AUX
ajfa-5372	116	4	been	be	AUX
ajfa-5372	116	5	interpreted	interpret	VERB
ajfa-5372	116	6	to	to	ADP
ajfa-5372	116	7	state	state	VERB
ajfa-5372	116	8	relevant	relevant	ADJ
ajfa-5372	116	9	findings	finding	NOUN
ajfa-5372	116	10	.	.	PUNCT
ajfa-5372	117	1	table	table	NOUN
ajfa-5372	117	2	1	1	NUM
ajfa-5372	117	3	.	.	PUNCT
ajfa-5372	118	1	descriptive	descriptive	ADJ
ajfa-5372	118	2	analysis	analysis	NOUN
ajfa-5372	118	3	variables	variable	NOUN
ajfa-5372	118	4	2009	2009	NUM
ajfa-5372	118	5	2010	2010	NUM
ajfa-5372	118	6	2011	2011	NUM
ajfa-5372	118	7	2012	2012	NUM
ajfa-5372	118	8	eva	eva	NOUN
ajfa-5372	118	9	mean	mean	VERB
ajfa-5372	118	10	676.83	676.83	NUM
ajfa-5372	118	11	742.22	742.22	NUM
ajfa-5372	118	12	687.56	687.56	NUM
ajfa-5372	118	13	837.68	837.68	NUM
ajfa-5372	118	14	s.d	s.d	PROPN
ajfa-5372	118	15	1235.19	1235.19	NUM
ajfa-5372	118	16	1438.74	1438.74	NUM
ajfa-5372	118	17	1864.99	1864.99	NUM
ajfa-5372	118	18	2678.58	2678.58	NUM
ajfa-5372	118	19	nopat	nopat	NOUN
ajfa-5372	118	20	mean	mean	VERB
ajfa-5372	118	21	634.37	634.37	NUM
ajfa-5372	118	22	715.94	715.94	NUM
ajfa-5372	118	23	852.95	852.95	NUM
ajfa-5372	118	24	1138.82	1138.82	NUM
ajfa-5372	118	25	s.d	s.d	PROPN
ajfa-5372	118	26	1277.87	1277.87	NUM
ajfa-5372	118	27	1466.42	1466.42	NUM
ajfa-5372	118	28	1989.25	1989.25	NUM
ajfa-5372	118	29	2853.63	2853.63	NUM
ajfa-5372	118	30	fcf	fcf	NOUN
ajfa-5372	118	31	mean	mean	VERB
ajfa-5372	118	32	266.42	266.42	NUM
ajfa-5372	118	33	75	75	NUM
ajfa-5372	118	34	372.39	372.39	NUM
ajfa-5372	118	35	321.39	321.39	NUM
ajfa-5372	118	36	s.d	s.d	PROPN
ajfa-5372	118	37	548.51	548.51	NUM
ajfa-5372	118	38	544.68	544.68	NUM
ajfa-5372	118	39	1238.95	1238.95	NUM
ajfa-5372	118	40	923.36	923.36	NUM
ajfa-5372	118	41	rona	rona	NOUN
ajfa-5372	118	42	mean	mean	VERB
ajfa-5372	118	43	2.22	2.22	NUM
ajfa-5372	118	44	2.52	2.52	NUM
ajfa-5372	118	45	2.05	2.05	NUM
ajfa-5372	118	46	2.11	2.11	NUM
ajfa-5372	118	47	s.d	s.d	PROPN
ajfa-5372	118	48	2.25	2.25	NUM
ajfa-5372	118	49	2.13	2.13	NUM
ajfa-5372	118	50	1.66	1.66	NUM
ajfa-5372	118	51	1.85	1.85	NUM
ajfa-5372	118	52	table	table	NOUN
ajfa-5372	118	53	1	1	NUM
ajfa-5372	118	54	shows	show	VERB
ajfa-5372	118	55	the	the	DET
ajfa-5372	118	56	descriptive	descriptive	ADJ
ajfa-5372	118	57	statistics	statistic	NOUN
ajfa-5372	118	58	of	of	ADP
ajfa-5372	118	59	all	all	DET
ajfa-5372	118	60	variables	variable	NOUN
ajfa-5372	118	61	.	.	PUNCT
ajfa-5372	119	1	according	accord	VERB
ajfa-5372	119	2	to	to	ADP
ajfa-5372	119	3	the	the	DET
ajfa-5372	119	4	table	table	NOUN
ajfa-5372	119	5	,	,	PUNCT
ajfa-5372	119	6	the	the	DET
ajfa-5372	119	7	mean	mean	ADJ
ajfa-5372	119	8	statistics	statistic	NOUN
ajfa-5372	119	9	indicate	indicate	VERB
ajfa-5372	119	10	that	that	SCONJ
ajfa-5372	119	11	all	all	DET
ajfa-5372	119	12	variables	variable	NOUN
ajfa-5372	119	13	have	have	VERB
ajfa-5372	119	14	a	a	DET
ajfa-5372	119	15	positive	positive	ADJ
ajfa-5372	119	16	mean	mean	NOUN
ajfa-5372	119	17	and	and	CCONJ
ajfa-5372	119	18	also	also	ADV
ajfa-5372	119	19	nopat	nopat	PROPN
ajfa-5372	119	20	(	(	PUNCT
ajfa-5372	119	21	1138.82	1138.82	NUM
ajfa-5372	119	22	)	)	PUNCT
ajfa-5372	119	23	has	have	AUX
ajfa-5372	119	24	largest	large	ADJ
ajfa-5372	119	25	mean	mean	ADJ
ajfa-5372	119	26	in	in	ADP
ajfa-5372	119	27	2012	2012	NUM
ajfa-5372	119	28	and	and	CCONJ
ajfa-5372	119	29	rona	rona	PROPN
ajfa-5372	119	30	(	(	PUNCT
ajfa-5372	119	31	2.05	2.05	NUM
ajfa-5372	119	32	)	)	PUNCT
ajfa-5372	119	33	has	have	VERB
ajfa-5372	119	34	the	the	DET
ajfa-5372	119	35	lowest	low	ADJ
ajfa-5372	119	36	mean	mean	NOUN
ajfa-5372	119	37	in	in	ADP
ajfa-5372	119	38	2011	2011	NUM
ajfa-5372	119	39	among	among	ADP
ajfa-5372	119	40	the	the	DET
ajfa-5372	119	41	variables	variable	NOUN
ajfa-5372	119	42	.	.	PUNCT
ajfa-5372	120	1	the	the	DET
ajfa-5372	120	2	standard	standard	ADJ
ajfa-5372	120	3	deviation	deviation	NOUN
ajfa-5372	120	4	of	of	ADP
ajfa-5372	120	5	eva	eva	NOUN
ajfa-5372	120	6	is	be	AUX
ajfa-5372	120	7	the	the	DET
ajfa-5372	120	8	highest	high	ADJ
ajfa-5372	120	9	in	in	ADP
ajfa-5372	120	10	2012	2012	NUM
ajfa-5372	120	11	compared	compare	VERB
ajfa-5372	120	12	to	to	ADP
ajfa-5372	120	13	other	other	ADJ
ajfa-5372	120	14	stated	state	VERB
ajfa-5372	120	15	variables	variable	NOUN
ajfa-5372	120	16	throughout	throughout	ADP
ajfa-5372	120	17	the	the	DET
ajfa-5372	120	18	study	study	NOUN
ajfa-5372	120	19	period	period	NOUN
ajfa-5372	120	20	.	.	PUNCT
ajfa-5372	121	1	the	the	DET
ajfa-5372	121	2	standard	standard	ADJ
ajfa-5372	121	3	deviation	deviation	NOUN
ajfa-5372	121	4	shows	show	VERB
ajfa-5372	121	5	how	how	SCONJ
ajfa-5372	121	6	much	much	ADJ
ajfa-5372	121	7	variation	variation	NOUN
ajfa-5372	121	8	from	from	ADP
ajfa-5372	121	9	the	the	DET
ajfa-5372	121	10	mean	mean	NOUN
ajfa-5372	121	11	occurs	occur	VERB
ajfa-5372	121	12	.	.	PUNCT
ajfa-5372	122	1	a	a	DET
ajfa-5372	122	2	low	low	ADJ
ajfa-5372	122	3	standard	standard	ADJ
ajfa-5372	122	4	deviation	deviation	NOUN
ajfa-5372	122	5	indicates	indicate	VERB
ajfa-5372	122	6	that	that	SCONJ
ajfa-5372	122	7	the	the	DET
ajfa-5372	122	8	data	data	NOUN
ajfa-5372	122	9	points	point	NOUN
ajfa-5372	122	10	tend	tend	VERB
ajfa-5372	122	11	to	to	PART
ajfa-5372	122	12	be	be	AUX
ajfa-5372	122	13	very	very	ADV
ajfa-5372	122	14	close	close	ADJ
ajfa-5372	122	15	to	to	ADP
ajfa-5372	122	16	asian	asian	ADJ
ajfa-5372	122	17	journal	journal	NOUN
ajfa-5372	122	18	of	of	ADP
ajfa-5372	122	19	finance	finance	PROPN
ajfa-5372	122	20	&	&	CCONJ
ajfa-5372	122	21	accounting	accounting	PROPN
ajfa-5372	122	22	issn	issn	PROPN
ajfa-5372	122	23	1946	1946	NUM
ajfa-5372	122	24	-	-	PUNCT
ajfa-5372	122	25	052x	052x	PROPN
ajfa-5372	122	26	2014	2014	NUM
ajfa-5372	122	27	,	,	PUNCT
ajfa-5372	122	28	vol	vol	NOUN
ajfa-5372	122	29	.	.	PROPN
ajfa-5372	122	30	6	6	NUM
ajfa-5372	122	31	,	,	PUNCT
ajfa-5372	122	32	no	no	INTJ
ajfa-5372	122	33	.	.	NOUN
ajfa-5372	122	34	1	1	NUM
ajfa-5372	122	35	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5372	122	36	395	395	NUM
ajfa-5372	122	37	the	the	DET
ajfa-5372	122	38	mean	mean	NOUN
ajfa-5372	122	39	and	and	CCONJ
ajfa-5372	122	40	a	a	DET
ajfa-5372	122	41	high	high	ADJ
ajfa-5372	122	42	standard	standard	ADJ
ajfa-5372	122	43	deviation	deviation	NOUN
ajfa-5372	122	44	indicates	indicate	VERB
ajfa-5372	122	45	that	that	SCONJ
ajfa-5372	122	46	the	the	DET
ajfa-5372	122	47	data	data	NOUN
ajfa-5372	122	48	points	point	NOUN
ajfa-5372	122	49	are	be	AUX
ajfa-5372	122	50	spread	spread	VERB
ajfa-5372	122	51	out	out	ADP
ajfa-5372	122	52	over	over	ADP
ajfa-5372	122	53	a	a	DET
ajfa-5372	122	54	large	large	ADJ
ajfa-5372	122	55	range	range	NOUN
ajfa-5372	122	56	of	of	ADP
ajfa-5372	122	57	values	value	NOUN
ajfa-5372	122	58	.	.	PUNCT
ajfa-5372	123	1	hence	hence	ADV
ajfa-5372	123	2	eva	eva	PROPN
ajfa-5372	123	3	is	be	AUX
ajfa-5372	123	4	spread	spread	VERB
ajfa-5372	123	5	amongst	amongst	ADP
ajfa-5372	123	6	all	all	DET
ajfa-5372	123	7	the	the	DET
ajfa-5372	123	8	predictor	predictor	NOUN
ajfa-5372	123	9	variables	variable	NOUN
ajfa-5372	123	10	.	.	PUNCT
ajfa-5372	124	1	table	table	NOUN
ajfa-5372	124	2	2	2	NUM
ajfa-5372	124	3	.	.	PUNCT
ajfa-5372	124	4	anova	anova	PROPN
ajfa-5372	124	5	sum	sum	PROPN
ajfa-5372	124	6	of	of	ADP
ajfa-5372	124	7	squares	square	NOUN
ajfa-5372	124	8	df	df	PROPN
ajfa-5372	124	9	mean	mean	PROPN
ajfa-5372	124	10	square	square	PROPN
ajfa-5372	124	11	f	f	PROPN
ajfa-5372	124	12	sig	sig	PROPN
ajfa-5372	124	13	.	.	PUNCT
ajfa-5372	125	1	between	between	ADP
ajfa-5372	125	2	groups	group	NOUN
ajfa-5372	125	3	259587.123	259587.123	PROPN
ajfa-5372	125	4	3	3	NUM
ajfa-5372	125	5	86529.041	86529.041	NUM
ajfa-5372	125	6	.024	.024	NUM
ajfa-5372	125	7	.995	.995	NUM
ajfa-5372	125	8	within	within	ADP
ajfa-5372	125	9	groups	group	NOUN
ajfa-5372	125	10	2.137e8	2.137e8	NUM
ajfa-5372	125	11	60	60	NUM
ajfa-5372	125	12	3562172.176	3562172.176	NUM
ajfa-5372	125	13	total	total	NOUN
ajfa-5372	125	14	2.140e8	2.140e8	NUM
ajfa-5372	125	15	63	63	NUM
ajfa-5372	125	16	to	to	PART
ajfa-5372	125	17	check	check	VERB
ajfa-5372	125	18	whether	whether	SCONJ
ajfa-5372	125	19	there	there	PRON
ajfa-5372	125	20	is	be	VERB
ajfa-5372	125	21	a	a	DET
ajfa-5372	125	22	significant	significant	ADJ
ajfa-5372	125	23	influence	influence	NOUN
ajfa-5372	125	24	of	of	ADP
ajfa-5372	125	25	time	time	NOUN
ajfa-5372	125	26	period	period	NOUN
ajfa-5372	125	27	from	from	ADP
ajfa-5372	125	28	2009	2009	NUM
ajfa-5372	125	29	to	to	ADP
ajfa-5372	125	30	2012	2012	NUM
ajfa-5372	125	31	on	on	ADP
ajfa-5372	125	32	economic	economic	ADJ
ajfa-5372	125	33	value	value	NOUN
ajfa-5372	125	34	added	add	VERB
ajfa-5372	125	35	of	of	ADP
ajfa-5372	125	36	16	16	NUM
ajfa-5372	125	37	cnx	cnx	PROPN
ajfa-5372	125	38	it	it	PRON
ajfa-5372	125	39	firms	firm	NOUN
ajfa-5372	125	40	,	,	PUNCT
ajfa-5372	125	41	one	one	NUM
ajfa-5372	125	42	way	way	NOUN
ajfa-5372	125	43	anova	anova	PROPN
ajfa-5372	125	44	is	be	AUX
ajfa-5372	125	45	applied	apply	VERB
ajfa-5372	125	46	.	.	PUNCT
ajfa-5372	126	1	the	the	DET
ajfa-5372	126	2	table	table	NOUN
ajfa-5372	126	3	2	2	NUM
ajfa-5372	126	4	result	result	NOUN
ajfa-5372	126	5	indicates	indicate	VERB
ajfa-5372	126	6	that	that	SCONJ
ajfa-5372	126	7	the	the	DET
ajfa-5372	126	8	time	time	NOUN
ajfa-5372	126	9	period	period	NOUN
ajfa-5372	126	10	is	be	AUX
ajfa-5372	126	11	not	not	PART
ajfa-5372	126	12	significant	significant	ADJ
ajfa-5372	126	13	on	on	ADP
ajfa-5372	126	14	eva	eva	NOUN
ajfa-5372	126	15	at	at	ADP
ajfa-5372	126	16	5	5	NUM
ajfa-5372	126	17	%	%	NOUN
ajfa-5372	126	18	level	level	NOUN
ajfa-5372	126	19	.	.	PUNCT
ajfa-5372	127	1	graph	graph	NOUN
ajfa-5372	127	2	showing	show	VERB
ajfa-5372	127	3	mean	mean	ADJ
ajfa-5372	127	4	values	value	NOUN
ajfa-5372	127	5	of	of	ADP
ajfa-5372	127	6	the	the	DET
ajfa-5372	127	7	variables	variable	NOUN
ajfa-5372	127	8	asian	asian	ADJ
ajfa-5372	127	9	journal	journal	NOUN
ajfa-5372	127	10	of	of	ADP
ajfa-5372	127	11	finance	finance	PROPN
ajfa-5372	127	12	&	&	CCONJ
ajfa-5372	127	13	accounting	accounting	PROPN
ajfa-5372	127	14	issn	issn	PROPN
ajfa-5372	127	15	1946	1946	NUM
ajfa-5372	127	16	-	-	PUNCT
ajfa-5372	127	17	052x	052x	PROPN
ajfa-5372	127	18	2014	2014	NUM
ajfa-5372	127	19	,	,	PUNCT
ajfa-5372	127	20	vol	vol	NOUN
ajfa-5372	127	21	.	.	PROPN
ajfa-5372	127	22	6	6	NUM
ajfa-5372	127	23	,	,	PUNCT
ajfa-5372	127	24	no	no	INTJ
ajfa-5372	128	1	.	.	NOUN
ajfa-5372	128	2	1	1	NUM
ajfa-5372	128	3	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5372	128	4	396	396	NUM
ajfa-5372	128	5	table	table	NOUN
ajfa-5372	128	6	3	3	NUM
ajfa-5372	128	7	.	.	PUNCT
ajfa-5372	128	8	correlation	correlation	NOUN
ajfa-5372	128	9	among	among	ADP
ajfa-5372	128	10	the	the	DET
ajfa-5372	128	11	variables	variable	NOUN
ajfa-5372	128	12	eva	eva	PROPN
ajfa-5372	128	13	nopat	nopat	PROPN
ajfa-5372	128	14	fcf	fcf	PROPN
ajfa-5372	128	15	rona	rona	PROPN
ajfa-5372	128	16	eva	eva	PROPN
ajfa-5372	128	17	pearson	pearson	PROPN
ajfa-5372	128	18	correlation	correlation	NOUN
ajfa-5372	128	19	1	1	NUM
ajfa-5372	128	20	.990	.990	NUM
ajfa-5372	128	21	*	*	PUNCT
ajfa-5372	128	22	*	*	NOUN
ajfa-5372	128	23	.880	.880	NUM
ajfa-5372	128	24	*	*	PUNCT
ajfa-5372	128	25	*	*	NOUN
ajfa-5372	128	26	.098	.098	NUM
ajfa-5372	128	27	sig	sig	NOUN
ajfa-5372	128	28	.	.	PUNCT
ajfa-5372	129	1	(	(	PUNCT
ajfa-5372	129	2	1	1	NUM
ajfa-5372	129	3	-	-	PUNCT
ajfa-5372	129	4	tailed	tailed	ADJ
ajfa-5372	129	5	)	)	PUNCT
ajfa-5372	129	6	.000	.000	NUM
ajfa-5372	129	7	.000	.000	NUM
ajfa-5372	129	8	.220	.220	NUM
ajfa-5372	130	1	n	n	CCONJ
ajfa-5372	130	2	64	64	NUM
ajfa-5372	130	3	64	64	NUM
ajfa-5372	130	4	64	64	NUM
ajfa-5372	130	5	64	64	NUM
ajfa-5372	130	6	nopat	nopat	NOUN
ajfa-5372	130	7	pearson	pearson	NOUN
ajfa-5372	130	8	correlation	correlation	NOUN
ajfa-5372	130	9	.990	.990	PUNCT
ajfa-5372	130	10	*	*	PUNCT
ajfa-5372	130	11	*	*	PUNCT
ajfa-5372	130	12	1	1	NUM
ajfa-5372	130	13	.894	.894	NUM
ajfa-5372	130	14	*	*	PUNCT
ajfa-5372	130	15	*	*	NOUN
ajfa-5372	130	16	.128	.128	NUM
ajfa-5372	130	17	sig	sig	X
ajfa-5372	130	18	.	.	PUNCT
ajfa-5372	131	1	(	(	PUNCT
ajfa-5372	131	2	1	1	NUM
ajfa-5372	131	3	-	-	PUNCT
ajfa-5372	131	4	tailed	tailed	ADJ
ajfa-5372	131	5	)	)	PUNCT
ajfa-5372	131	6	.000	.000	NUM
ajfa-5372	131	7	.000	.000	NUM
ajfa-5372	131	8	.157	.157	NUM
ajfa-5372	132	1	n	n	PROPN
ajfa-5372	132	2	64	64	NUM
ajfa-5372	132	3	64	64	NUM
ajfa-5372	132	4	64	64	NUM
ajfa-5372	132	5	64	64	NUM
ajfa-5372	132	6	fcf	fcf	NOUN
ajfa-5372	132	7	pearson	pearson	PROPN
ajfa-5372	132	8	correlation	correlation	NOUN
ajfa-5372	132	9	.880	.880	NUM
ajfa-5372	132	10	*	*	PUNCT
ajfa-5372	132	11	*	*	NOUN
ajfa-5372	132	12	.894	.894	PUNCT
ajfa-5372	132	13	*	*	PUNCT
ajfa-5372	132	14	*	*	SYM
ajfa-5372	132	15	1	1	NUM
ajfa-5372	132	16	.060	.060	NUM
ajfa-5372	132	17	sig	sig	X
ajfa-5372	132	18	.	.	PUNCT
ajfa-5372	133	1	(	(	PUNCT
ajfa-5372	133	2	1	1	NUM
ajfa-5372	133	3	-	-	PUNCT
ajfa-5372	133	4	tailed	tailed	ADJ
ajfa-5372	133	5	)	)	PUNCT
ajfa-5372	133	6	.000	.000	NUM
ajfa-5372	133	7	.000	.000	NUM
ajfa-5372	133	8	.320	.320	NUM
ajfa-5372	134	1	n	n	CCONJ
ajfa-5372	134	2	64	64	NUM
ajfa-5372	134	3	64	64	NUM
ajfa-5372	134	4	64	64	NUM
ajfa-5372	134	5	64	64	NUM
ajfa-5372	134	6	rona	rona	PROPN
ajfa-5372	134	7	pearson	pearson	PROPN
ajfa-5372	134	8	correlation	correlation	PROPN
ajfa-5372	134	9	.098	.098	NUM
ajfa-5372	134	10	.128	.128	NUM
ajfa-5372	134	11	.060	.060	NUM
ajfa-5372	134	12	1	1	NUM
ajfa-5372	134	13	sig	sig	NOUN
ajfa-5372	134	14	.	.	PUNCT
ajfa-5372	135	1	(	(	PUNCT
ajfa-5372	135	2	1	1	NUM
ajfa-5372	135	3	-	-	PUNCT
ajfa-5372	135	4	tailed	tail	VERB
ajfa-5372	135	5	)	)	PUNCT
ajfa-5372	135	6	.220	.220	NUM
ajfa-5372	135	7	.157	.157	NUM
ajfa-5372	135	8	.320	.320	NUM
ajfa-5372	136	1	n	n	CCONJ
ajfa-5372	136	2	64	64	NUM
ajfa-5372	136	3	64	64	NUM
ajfa-5372	136	4	64	64	NUM
ajfa-5372	136	5	64	64	NUM
ajfa-5372	136	6	*	*	PUNCT
ajfa-5372	136	7	*	*	NOUN
ajfa-5372	136	8	.	.	PUNCT
ajfa-5372	137	1	correlation	correlation	NOUN
ajfa-5372	137	2	is	be	AUX
ajfa-5372	137	3	significant	significant	ADJ
ajfa-5372	137	4	at	at	ADP
ajfa-5372	137	5	the	the	DET
ajfa-5372	137	6	0.01	0.01	NUM
ajfa-5372	137	7	level	level	NOUN
ajfa-5372	137	8	(	(	PUNCT
ajfa-5372	137	9	1	1	NUM
ajfa-5372	137	10	-	-	PUNCT
ajfa-5372	137	11	tailed	tailed	ADJ
ajfa-5372	137	12	)	)	PUNCT
ajfa-5372	137	13	.	.	PUNCT
ajfa-5372	138	1	from	from	ADP
ajfa-5372	138	2	the	the	DET
ajfa-5372	138	3	above	above	ADJ
ajfa-5372	138	4	table	table	NOUN
ajfa-5372	138	5	3	3	NUM
ajfa-5372	138	6	,	,	PUNCT
ajfa-5372	138	7	the	the	DET
ajfa-5372	138	8	pearson	pearson	NOUN
ajfa-5372	138	9	correlation	correlation	NOUN
ajfa-5372	138	10	among	among	ADP
ajfa-5372	138	11	the	the	DET
ajfa-5372	138	12	variables	variable	NOUN
ajfa-5372	138	13	is	be	AUX
ajfa-5372	138	14	strong	strong	ADJ
ajfa-5372	138	15	and	and	CCONJ
ajfa-5372	138	16	positive	positive	ADJ
ajfa-5372	138	17	between	between	ADP
ajfa-5372	138	18	eva	eva	PROPN
ajfa-5372	138	19	and	and	CCONJ
ajfa-5372	138	20	other	other	ADJ
ajfa-5372	138	21	predictor	predictor	NOUN
ajfa-5372	138	22	variables	variable	NOUN
ajfa-5372	138	23	during	during	ADP
ajfa-5372	138	24	the	the	DET
ajfa-5372	138	25	study	study	NOUN
ajfa-5372	138	26	period	period	NOUN
ajfa-5372	138	27	.	.	PUNCT
ajfa-5372	139	1	the	the	DET
ajfa-5372	139	2	absolute	absolute	ADJ
ajfa-5372	139	3	value	value	NOUN
ajfa-5372	139	4	of	of	ADP
ajfa-5372	139	5	the	the	DET
ajfa-5372	139	6	co	co	ADJ
ajfa-5372	139	7	-	-	ADJ
ajfa-5372	139	8	efficient	efficient	ADJ
ajfa-5372	139	9	measures	measure	NOUN
ajfa-5372	139	10	how	how	SCONJ
ajfa-5372	139	11	closely	closely	ADV
ajfa-5372	139	12	the	the	DET
ajfa-5372	139	13	variables	variable	NOUN
ajfa-5372	139	14	are	be	AUX
ajfa-5372	139	15	related	relate	VERB
ajfa-5372	139	16	.	.	PUNCT
ajfa-5372	140	1	the	the	PRON
ajfa-5372	140	2	closer	close	ADJ
ajfa-5372	140	3	it	it	PRON
ajfa-5372	140	4	is	be	AUX
ajfa-5372	140	5	to	to	ADP
ajfa-5372	140	6	1	1	NUM
ajfa-5372	140	7	the	the	PRON
ajfa-5372	140	8	closer	close	ADJ
ajfa-5372	140	9	is	be	AUX
ajfa-5372	140	10	the	the	DET
ajfa-5372	140	11	relationship	relationship	NOUN
ajfa-5372	140	12	.	.	PUNCT
ajfa-5372	141	1	a	a	DET
ajfa-5372	141	2	correlation	correlation	NOUN
ajfa-5372	141	3	co	co	NOUN
ajfa-5372	141	4	-	-	ADJ
ajfa-5372	141	5	efficient	efficient	ADJ
ajfa-5372	141	6	over	over	ADP
ajfa-5372	141	7	0.8	0.8	NUM
ajfa-5372	141	8	indicates	indicate	VERB
ajfa-5372	141	9	a	a	DET
ajfa-5372	141	10	strong	strong	ADJ
ajfa-5372	141	11	correlation	correlation	NOUN
ajfa-5372	141	12	between	between	ADP
ajfa-5372	141	13	the	the	DET
ajfa-5372	141	14	variables	variable	NOUN
ajfa-5372	141	15	.	.	PUNCT
ajfa-5372	142	1	asian	asian	ADJ
ajfa-5372	142	2	journal	journal	PROPN
ajfa-5372	142	3	of	of	ADP
ajfa-5372	142	4	finance	finance	PROPN
ajfa-5372	142	5	&	&	CCONJ
ajfa-5372	142	6	accounting	accounting	PROPN
ajfa-5372	142	7	issn	issn	PROPN
ajfa-5372	142	8	1946	1946	NUM
ajfa-5372	142	9	-	-	PUNCT
ajfa-5372	142	10	052x	052x	PROPN
ajfa-5372	142	11	2014	2014	NUM
ajfa-5372	142	12	,	,	PUNCT
ajfa-5372	142	13	vol	vol	NOUN
ajfa-5372	142	14	.	.	PROPN
ajfa-5372	143	1	6	6	NUM
ajfa-5372	143	2	,	,	PUNCT
ajfa-5372	143	3	no	no	INTJ
ajfa-5372	143	4	.	.	NOUN
ajfa-5372	143	5	1	1	NUM
ajfa-5372	143	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5372	143	7	397	397	NUM
ajfa-5372	143	8	table	table	NOUN
ajfa-5372	143	9	4	4	NUM
ajfa-5372	143	10	.	.	PUNCT
ajfa-5372	144	1	summary	summary	NOUN
ajfa-5372	144	2	statistics	statistic	NOUN
ajfa-5372	144	3	of	of	ADP
ajfa-5372	144	4	the	the	DET
ajfa-5372	144	5	model	model	NOUN
ajfa-5372	144	6	pertaining	pertain	VERB
ajfa-5372	144	7	to	to	ADP
ajfa-5372	144	8	overall	overall	ADJ
ajfa-5372	144	9	analysis	analysis	NOUN
ajfa-5372	144	10	between	between	ADP
ajfa-5372	144	11	eva	eva	NOUN
ajfa-5372	144	12	as	as	ADP
ajfa-5372	144	13	the	the	DET
ajfa-5372	144	14	criterion	criterion	NOUN
ajfa-5372	144	15	variable	variable	NOUN
ajfa-5372	144	16	and	and	CCONJ
ajfa-5372	144	17	nopat	nopat	PROPN
ajfa-5372	144	18	,	,	PUNCT
ajfa-5372	144	19	fcf	fcf	PROPN
ajfa-5372	144	20	,	,	PUNCT
ajfa-5372	144	21	rona	rona	PROPN
ajfa-5372	144	22	as	as	ADP
ajfa-5372	144	23	predictor	predictor	NOUN
ajfa-5372	144	24	variable	variable	NOUN
ajfa-5372	144	25	(	(	PUNCT
ajfa-5372	144	26	enter	enter	VERB
ajfa-5372	144	27	method	method	NOUN
ajfa-5372	144	28	)	)	PUNCT
ajfa-5372	144	29	year	year	NOUN
ajfa-5372	144	30	α	α	NOUN
ajfa-5372	144	31	r	r	NOUN
ajfa-5372	144	32	r2	r2	PROPN
ajfa-5372	144	33	adj	adj	PROPN
ajfa-5372	144	34	.	.	PROPN
ajfa-5372	145	1	r2	r2	PROPN
ajfa-5372	145	2	std	std	PROPN
ajfa-5372	145	3	.	.	PUNCT
ajfa-5372	145	4	error	error	NOUN
ajfa-5372	145	5	sig	sig	NOUN
ajfa-5372	145	6	.	.	PUNCT
ajfa-5372	146	1	f	f	PROPN
ajfa-5372	146	2	d.w	d.w	VERB
ajfa-5372	146	3	2009	2009	NUM
ajfa-5372	146	4	36.589	36.589	NUM
ajfa-5372	146	5	0.995	0.995	NUM
ajfa-5372	146	6	0.989	0.989	NUM
ajfa-5372	146	7	0.986	0.986	NUM
ajfa-5372	146	8	54.471	54.471	NUM
ajfa-5372	146	9	363.617	363.617	NUM
ajfa-5372	146	10	2.514	2.514	NUM
ajfa-5372	146	11	2010	2010	NUM
ajfa-5372	146	12	30.571	30.571	NUM
ajfa-5372	146	13	0.996	0.996	NUM
ajfa-5372	146	14	0.993	0.993	NUM
ajfa-5372	146	15	0.991	0.991	NUM
ajfa-5372	147	1	56.123	56.123	NUM
ajfa-5372	147	2	560.129	560.129	NUM
ajfa-5372	147	3	1.562	1.562	NUM
ajfa-5372	147	4	2011	2011	NUM
ajfa-5372	147	5	-26.491	-26.491	VERB
ajfa-5372	147	6	0.997	0.997	NUM
ajfa-5372	147	7	0.993	0.993	NUM
ajfa-5372	147	8	0.991	0.991	NUM
ajfa-5372	147	9	71.245	71.245	NUM
ajfa-5372	147	10	574.169	574.169	NUM
ajfa-5372	147	11	1.284	1.284	NUM
ajfa-5372	147	12	2012	2012	NUM
ajfa-5372	147	13	65.585	65.585	NUM
ajfa-5372	147	14	0.995	0.995	NUM
ajfa-5372	147	15	0.989	0.989	NUM
ajfa-5372	147	16	0.986	0.986	NUM
ajfa-5372	147	17	122.679	122.679	NUM
ajfa-5372	147	18	363.499	363.499	NUM
ajfa-5372	147	19	1.596	1.596	NUM
ajfa-5372	147	20	unstandardized	unstandardized	ADJ
ajfa-5372	147	21	beta	beta	ADJ
ajfa-5372	147	22	coefficients	coefficient	NOUN
ajfa-5372	147	23	and	and	CCONJ
ajfa-5372	147	24	‘	'	PUNCT
ajfa-5372	147	25	t	t	NOUN
ajfa-5372	147	26	’	'	PUNCT
ajfa-5372	147	27	statistic	statistic	ADJ
ajfa-5372	147	28	predictor	predictor	NOUN
ajfa-5372	147	29	nopat	nopat	PROPN
ajfa-5372	147	30	fcf	fcf	PROPN
ajfa-5372	147	31	rona	rona	PROPN
ajfa-5372	147	32	year	year	PROPN
ajfa-5372	147	33	‘	'	PUNCT
ajfa-5372	147	34	β	β	NOUN
ajfa-5372	147	35	’	'	PUNCT
ajfa-5372	147	36	and	and	CCONJ
ajfa-5372	147	37	(	(	PUNCT
ajfa-5372	147	38	‘	'	PUNCT
ajfa-5372	147	39	t	t	PRON
ajfa-5372	147	40	’	'	PUNCT
ajfa-5372	147	41	value	value	NOUN
ajfa-5372	147	42	)	)	PUNCT
ajfa-5372	147	43	‘	'	PUNCT
ajfa-5372	147	44	β	β	X
ajfa-5372	147	45	’	'	PUNCT
ajfa-5372	147	46	and	and	CCONJ
ajfa-5372	147	47	(	(	PUNCT
ajfa-5372	147	48	‘	'	PUNCT
ajfa-5372	147	49	t	t	PRON
ajfa-5372	147	50	’	'	PUNCT
ajfa-5372	147	51	value	value	NOUN
ajfa-5372	147	52	)	)	PUNCT
ajfa-5372	147	53	‘	'	PUNCT
ajfa-5372	147	54	β	β	X
ajfa-5372	147	55	’	'	PUNCT
ajfa-5372	147	56	and	and	CCONJ
ajfa-5372	147	57	(	(	PUNCT
ajfa-5372	147	58	‘	'	PUNCT
ajfa-5372	147	59	t	t	PRON
ajfa-5372	147	60	’	'	PUNCT
ajfa-5372	147	61	value	value	NOUN
ajfa-5372	147	62	)	)	PUNCT
ajfa-5372	147	63	2009	2009	NUM
ajfa-5372	147	64	1.019	1.019	NUM
ajfa-5372	147	65	(	(	PUNCT
ajfa-5372	147	66	18.198	18.198	NUM
ajfa-5372	147	67	)	)	PUNCT
ajfa-5372	147	68	*	*	PUNCT
ajfa-5372	148	1	-0.033	-0.033	PUNCT
ajfa-5372	148	2	(	(	PUNCT
ajfa-5372	148	3	-0.589	-0.589	NOUN
ajfa-5372	148	4	)	)	PUNCT
ajfa-5372	148	5	0.029	0.029	NUM
ajfa-5372	148	6	(	(	PUNCT
ajfa-5372	148	7	0.946	0.946	NUM
ajfa-5372	148	8	)	)	PUNCT
ajfa-5372	148	9	2010	2010	NUM
ajfa-5372	148	10	1.016	1.016	NUM
ajfa-5372	148	11	(	(	PUNCT
ajfa-5372	148	12	28.027	28.027	NUM
ajfa-5372	148	13	)	)	PUNCT
ajfa-5372	148	14	*	*	PUNCT
ajfa-5372	149	1	-0.748	-0.748	PUNCT
ajfa-5372	149	2	(	(	PUNCT
ajfa-5372	149	3	0.469	0.469	NUM
ajfa-5372	149	4	)	)	PUNCT
ajfa-5372	149	5	0.078	0.078	NUM
ajfa-5372	149	6	(	(	PUNCT
ajfa-5372	149	7	0.939	0.939	NUM
ajfa-5372	149	8	)	)	PUNCT
ajfa-5372	149	9	2011	2011	NUM
ajfa-5372	149	10	1.149	1.149	NUM
ajfa-5372	149	11	(	(	PUNCT
ajfa-5372	149	12	6.632	6.632	NUM
ajfa-5372	149	13	)	)	PUNCT
ajfa-5372	149	14	*	*	PUNCT
ajfa-5372	149	15	-0.148	-0.148	PUNCT
ajfa-5372	149	16	(	(	PUNCT
ajfa-5372	149	17	-0.864	-0.864	ADJ
ajfa-5372	149	18	)	)	PUNCT
ajfa-5372	149	19	-0.053	-0.053	NUM
ajfa-5372	149	20	(	(	PUNCT
ajfa-5372	149	21	-1.726	-1.726	X
ajfa-5372	149	22	)	)	PUNCT
ajfa-5372	149	23	2012	2012	NUM
ajfa-5372	149	24	1.106	1.106	NUM
ajfa-5372	149	25	(	(	PUNCT
ajfa-5372	149	26	6.400	6.400	NUM
ajfa-5372	149	27	)	)	PUNCT
ajfa-5372	149	28	*	*	PUNCT
ajfa-5372	149	29	-0.096	-0.096	PUNCT
ajfa-5372	149	30	(	(	PUNCT
ajfa-5372	149	31	-0.556	-0.556	NOUN
ajfa-5372	149	32	)	)	PUNCT
ajfa-5372	149	33	-0.105	-0.105	NOUN
ajfa-5372	149	34	(	(	PUNCT
ajfa-5372	149	35	-3.403	-3.403	NOUN
ajfa-5372	149	36	)	)	PUNCT
ajfa-5372	149	37	*	*	PUNCT
ajfa-5372	150	1	*	*	PUNCT
ajfa-5372	150	2	significance	significance	NOUN
ajfa-5372	150	3	at	at	ADP
ajfa-5372	150	4	5	5	NUM
ajfa-5372	150	5	%	%	NOUN
ajfa-5372	150	6	asian	asian	ADJ
ajfa-5372	150	7	journal	journal	NOUN
ajfa-5372	150	8	of	of	ADP
ajfa-5372	150	9	finance	finance	PROPN
ajfa-5372	150	10	&	&	CCONJ
ajfa-5372	150	11	accounting	accounting	PROPN
ajfa-5372	150	12	issn	issn	PROPN
ajfa-5372	150	13	1946	1946	NUM
ajfa-5372	150	14	-	-	PUNCT
ajfa-5372	150	15	052x	052x	PROPN
ajfa-5372	150	16	2014	2014	NUM
ajfa-5372	150	17	,	,	PUNCT
ajfa-5372	150	18	vol	vol	NOUN
ajfa-5372	150	19	.	.	PROPN
ajfa-5372	150	20	6	6	NUM
ajfa-5372	150	21	,	,	PUNCT
ajfa-5372	150	22	no	no	INTJ
ajfa-5372	150	23	.	.	NOUN
ajfa-5372	150	24	1	1	NUM
ajfa-5372	150	25	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5372	150	26	398	398	NUM
ajfa-5372	150	27	table	table	NOUN
ajfa-5372	150	28	5	5	NUM
ajfa-5372	150	29	.	.	PUNCT
ajfa-5372	151	1	summary	summary	NOUN
ajfa-5372	151	2	statistics	statistic	NOUN
ajfa-5372	151	3	of	of	ADP
ajfa-5372	151	4	the	the	DET
ajfa-5372	151	5	model	model	NOUN
ajfa-5372	151	6	pertaining	pertain	VERB
ajfa-5372	151	7	to	to	ADP
ajfa-5372	151	8	overall	overall	ADJ
ajfa-5372	151	9	analysis	analysis	NOUN
ajfa-5372	151	10	between	between	ADP
ajfa-5372	151	11	eva	eva	NOUN
ajfa-5372	151	12	as	as	ADP
ajfa-5372	151	13	the	the	DET
ajfa-5372	151	14	criterion	criterion	NOUN
ajfa-5372	151	15	variable	variable	NOUN
ajfa-5372	151	16	and	and	CCONJ
ajfa-5372	151	17	nopat	nopat	PROPN
ajfa-5372	151	18	,	,	PUNCT
ajfa-5372	151	19	fcf	fcf	PROPN
ajfa-5372	151	20	,	,	PUNCT
ajfa-5372	151	21	rona	rona	PROPN
ajfa-5372	151	22	as	as	ADP
ajfa-5372	151	23	predictor	predictor	NOUN
ajfa-5372	151	24	variable	variable	NOUN
ajfa-5372	151	25	(	(	PUNCT
ajfa-5372	151	26	step	step	NOUN
ajfa-5372	151	27	method	method	NOUN
ajfa-5372	151	28	)	)	PUNCT
ajfa-5372	151	29	year	year	NOUN
ajfa-5372	151	30	model	model	NOUN
ajfa-5372	151	31	α	α	PROPN
ajfa-5372	151	32	r	r	NOUN
ajfa-5372	151	33	r2	r2	PROPN
ajfa-5372	151	34	adj	adj	PROPN
ajfa-5372	151	35	.	.	PROPN
ajfa-5372	151	36	r2	r2	PROPN
ajfa-5372	151	37	std	std	PROPN
ajfa-5372	151	38	.	.	PUNCT
ajfa-5372	151	39	error	error	NOUN
ajfa-5372	151	40	r2	r2	NOUN
ajfa-5372	151	41	change	change	VERB
ajfa-5372	151	42	sig	sig	NOUN
ajfa-5372	151	43	.	.	PUNCT
ajfa-5372	152	1	f	f	PROPN
ajfa-5372	152	2	predictors	predictor	NOUN
ajfa-5372	152	3	‘	'	PUNCT
ajfa-5372	152	4	β	β	NOUN
ajfa-5372	152	5	’	'	PUNCT
ajfa-5372	152	6	and	and	CCONJ
ajfa-5372	152	7	(	(	PUNCT
ajfa-5372	152	8	‘	'	PUNCT
ajfa-5372	152	9	t	t	PRON
ajfa-5372	152	10	’	'	PUNCT
ajfa-5372	152	11	value	value	NOUN
ajfa-5372	152	12	)	)	PUNCT
ajfa-5372	152	13	d.w	d.w	VERB
ajfa-5372	152	14	2009	2009	NUM
ajfa-5372	152	15	1	1	NUM
ajfa-5372	152	16	67.389	67.389	NUM
ajfa-5372	152	17	0.994	0.994	NUM
ajfa-5372	152	18	0.998	0.998	NUM
ajfa-5372	152	19	0.987	0.987	NUM
ajfa-5372	152	20	39.607	39.607	NUM
ajfa-5372	152	21	0.988	0.988	NUM
ajfa-5372	152	22	1137.469	1137.469	NUM
ajfa-5372	152	23	nopat	nopat	NOUN
ajfa-5372	152	24	0.994	0.994	NUM
ajfa-5372	152	25	(	(	PUNCT
ajfa-5372	152	26	33.726	33.726	NUM
ajfa-5372	152	27	)	)	PUNCT
ajfa-5372	152	28	2.662	2.662	NUM
ajfa-5372	152	29	2010	2010	NUM
ajfa-5372	152	30	1	1	NUM
ajfa-5372	152	31	42.399	42.399	NUM
ajfa-5372	152	32	0.996	0.996	NUM
ajfa-5372	152	33	0.993	0.993	NUM
ajfa-5372	152	34	0.992	0.992	NUM
ajfa-5372	152	35	35.928	35.928	NUM
ajfa-5372	152	36	0.993	0.993	NUM
ajfa-5372	152	37	1871.594	1871.594	NUM
ajfa-5372	152	38	nopat	nopat	NOUN
ajfa-5372	152	39	0.996	0.996	NUM
ajfa-5372	152	40	(	(	PUNCT
ajfa-5372	152	41	43.262	43.262	NUM
ajfa-5372	152	42	)	)	PUNCT
ajfa-5372	152	43	1.685	1.685	NUM
ajfa-5372	152	44	2011	2011	NUM
ajfa-5372	152	45	1	1	NUM
ajfa-5372	152	46	-108.635	-108.635	ADP
ajfa-5372	152	47	0.996	0.996	NUM
ajfa-5372	152	48	0.991	0.991	NUM
ajfa-5372	152	49	0.991	0.991	NUM
ajfa-5372	152	50	49.144	49.144	NUM
ajfa-5372	152	51	0.991	0.991	NUM
ajfa-5372	152	52	1600.960	1600.960	NUM
ajfa-5372	152	53	nopat	nopat	NOUN
ajfa-5372	152	54	0.996	0.996	NUM
ajfa-5372	152	55	(	(	PUNCT
ajfa-5372	152	56	40.012	40.012	NUM
ajfa-5372	152	57	)	)	PUNCT
ajfa-5372	152	58	1.549	1.549	NUM
ajfa-5372	152	59	2012	2012	NUM
ajfa-5372	152	60	1	1	NUM
ajfa-5372	152	61	-219.696	-219.696	NUM
ajfa-5372	152	62	0.989	0.989	NUM
ajfa-5372	152	63	0.978	0.978	NUM
ajfa-5372	152	64	0.977	0.977	NUM
ajfa-5372	152	65	110.084	110.084	NUM
ajfa-5372	152	66	0.978	0.978	NUM
ajfa-5372	152	67	635.342	635.342	NUM
ajfa-5372	152	68	nopat	nopat	NOUN
ajfa-5372	152	69	0.989	0.989	NUM
ajfa-5372	152	70	(	(	PUNCT
ajfa-5372	152	71	25.206	25.206	NUM
ajfa-5372	152	72	)	)	PUNCT
ajfa-5372	152	73	1.695	1.695	NUM
ajfa-5372	152	74	2	2	NUM
ajfa-5372	152	75	75.426	75.426	NUM
ajfa-5372	152	76	0.994	0.994	NUM
ajfa-5372	152	77	0.989	0.989	NUM
ajfa-5372	152	78	0.987	0.987	NUM
ajfa-5372	152	79	118.125	118.125	NUM
ajfa-5372	152	80	0.010	0.010	NUM
ajfa-5372	152	81	575.691	575.691	NUM
ajfa-5372	152	82	nopat	nopat	NOUN
ajfa-5372	152	83	rona	rona	PROPN
ajfa-5372	152	84	1.011	1.011	NUM
ajfa-5372	152	85	(	(	PUNCT
ajfa-5372	152	86	33.732	33.732	NUM
ajfa-5372	152	87	)	)	PUNCT
ajfa-5372	152	88	-0.104	-0.104	NOUN
ajfa-5372	153	1	(	(	PUNCT
ajfa-5372	153	2	-3.479	-3.479	VERB
ajfa-5372	153	3	)	)	PUNCT
ajfa-5372	153	4	from	from	ADP
ajfa-5372	153	5	the	the	DET
ajfa-5372	153	6	above	above	ADJ
ajfa-5372	153	7	tables	table	NOUN
ajfa-5372	153	8	,	,	PUNCT
ajfa-5372	153	9	table	table	NOUN
ajfa-5372	153	10	4	4	NUM
ajfa-5372	153	11	is	be	AUX
ajfa-5372	153	12	divided	divide	VERB
ajfa-5372	153	13	into	into	ADP
ajfa-5372	153	14	two	two	NUM
ajfa-5372	153	15	parts	part	NOUN
ajfa-5372	153	16	.	.	PUNCT
ajfa-5372	154	1	part	part	NOUN
ajfa-5372	154	2	1	1	NUM
ajfa-5372	154	3	contains	contain	VERB
ajfa-5372	154	4	summary	summary	NOUN
ajfa-5372	154	5	statistics	statistic	NOUN
ajfa-5372	154	6	of	of	ADP
ajfa-5372	154	7	the	the	DET
ajfa-5372	154	8	model	model	NOUN
ajfa-5372	154	9	using	use	VERB
ajfa-5372	154	10	regression	regression	NOUN
ajfa-5372	154	11	analysis	analysis	NOUN
ajfa-5372	154	12	through	through	ADP
ajfa-5372	154	13	enter	enter	VERB
ajfa-5372	154	14	method	method	NOUN
ajfa-5372	154	15	that	that	PRON
ajfa-5372	154	16	disclose	disclose	VERB
ajfa-5372	154	17	if	if	SCONJ
ajfa-5372	154	18	the	the	DET
ajfa-5372	154	19	criterion	criterion	NOUN
ajfa-5372	154	20	variable	variable	PROPN
ajfa-5372	154	21	eva	eva	PROPN
ajfa-5372	154	22	depended	depend	VERB
ajfa-5372	154	23	significantly	significantly	ADV
ajfa-5372	154	24	on	on	ADP
ajfa-5372	154	25	the	the	DET
ajfa-5372	154	26	said	say	VERB
ajfa-5372	154	27	predictor	predictor	NOUN
ajfa-5372	154	28	variables	variable	VERB
ajfa-5372	154	29	together	together	ADV
ajfa-5372	154	30	.	.	PUNCT
ajfa-5372	155	1	it	it	PRON
ajfa-5372	155	2	is	be	AUX
ajfa-5372	155	3	found	find	VERB
ajfa-5372	155	4	that	that	SCONJ
ajfa-5372	155	5	significance	significance	NOUN
ajfa-5372	155	6	f	f	PROPN
ajfa-5372	155	7	in	in	ADP
ajfa-5372	155	8	all	all	DET
ajfa-5372	155	9	the	the	DET
ajfa-5372	155	10	years	year	NOUN
ajfa-5372	155	11	was	be	AUX
ajfa-5372	155	12	below	below	ADP
ajfa-5372	155	13	0.05	0.05	NUM
ajfa-5372	155	14	and	and	CCONJ
ajfa-5372	155	15	hence	hence	ADV
ajfa-5372	155	16	it	it	PRON
ajfa-5372	155	17	is	be	AUX
ajfa-5372	155	18	inferred	infer	VERB
ajfa-5372	155	19	that	that	SCONJ
ajfa-5372	155	20	eva	eva	NOUN
ajfa-5372	155	21	of	of	ADP
ajfa-5372	155	22	the	the	DET
ajfa-5372	155	23	companies	company	NOUN
ajfa-5372	155	24	depended	depend	VERB
ajfa-5372	155	25	significantly	significantly	ADV
ajfa-5372	155	26	on	on	ADP
ajfa-5372	155	27	nopat	nopat	PROPN
ajfa-5372	155	28	,	,	PUNCT
ajfa-5372	155	29	fcf	fcf	PROPN
ajfa-5372	155	30	and	and	CCONJ
ajfa-5372	155	31	rona	rona	PROPN
ajfa-5372	155	32	and	and	CCONJ
ajfa-5372	155	33	therefore	therefore	ADV
ajfa-5372	155	34	reject	reject	VERB
ajfa-5372	155	35	null	null	ADJ
ajfa-5372	155	36	hypothesis	hypothesis	NOUN
ajfa-5372	155	37	.	.	PUNCT
ajfa-5372	156	1	it	it	PRON
ajfa-5372	156	2	proves	prove	VERB
ajfa-5372	156	3	that	that	SCONJ
ajfa-5372	156	4	eva	eva	PROPN
ajfa-5372	156	5	of	of	ADP
ajfa-5372	156	6	cnx	cnx	PROPN
ajfa-5372	156	7	it	it	PRON
ajfa-5372	156	8	firms	firm	NOUN
ajfa-5372	156	9	depended	depend	VERB
ajfa-5372	156	10	on	on	ADP
ajfa-5372	156	11	nopat	nopat	PROPN
ajfa-5372	156	12	,	,	PUNCT
ajfa-5372	156	13	fcf	fcf	PROPN
ajfa-5372	156	14	and	and	CCONJ
ajfa-5372	156	15	rona	rona	PROPN
ajfa-5372	156	16	together	together	ADV
ajfa-5372	156	17	throughout	throughout	ADP
ajfa-5372	156	18	the	the	DET
ajfa-5372	156	19	study	study	NOUN
ajfa-5372	156	20	period	period	NOUN
ajfa-5372	156	21	from	from	ADP
ajfa-5372	156	22	2009	2009	NUM
ajfa-5372	156	23	to	to	ADP
ajfa-5372	156	24	2012	2012	NUM
ajfa-5372	156	25	.	.	PUNCT
ajfa-5372	157	1	part	part	NOUN
ajfa-5372	157	2	2	2	NUM
ajfa-5372	157	3	contains	contain	VERB
ajfa-5372	157	4	unstandardised	unstandardised	ADJ
ajfa-5372	157	5	beta	beta	ADJ
ajfa-5372	157	6	coefficients	coefficient	NOUN
ajfa-5372	157	7	and	and	CCONJ
ajfa-5372	157	8	t	t	NOUN
ajfa-5372	157	9	-	-	PUNCT
ajfa-5372	157	10	values	value	NOUN
ajfa-5372	157	11	of	of	ADP
ajfa-5372	157	12	predictor	predictor	NOUN
ajfa-5372	157	13	variables	variable	NOUN
ajfa-5372	157	14	.	.	PUNCT
ajfa-5372	158	1	it	it	PRON
ajfa-5372	158	2	shows	show	VERB
ajfa-5372	158	3	that	that	SCONJ
ajfa-5372	158	4	the	the	DET
ajfa-5372	158	5	eva	eva	NOUN
ajfa-5372	158	6	depended	depend	VERB
ajfa-5372	158	7	significantly	significantly	ADV
ajfa-5372	158	8	depended	depend	VERB
ajfa-5372	158	9	on	on	ADP
ajfa-5372	158	10	nopat	nopat	NUM
ajfa-5372	158	11	than	than	ADP
ajfa-5372	158	12	other	other	ADJ
ajfa-5372	158	13	predictors	predictor	NOUN
ajfa-5372	158	14	(	(	PUNCT
ajfa-5372	158	15	fcf	fcf	PROPN
ajfa-5372	158	16	&	&	CCONJ
ajfa-5372	158	17	rona	rona	PROPN
ajfa-5372	158	18	)	)	PUNCT
ajfa-5372	158	19	from	from	ADP
ajfa-5372	158	20	2009	2009	NUM
ajfa-5372	158	21	to	to	ADP
ajfa-5372	158	22	2011	2011	NUM
ajfa-5372	158	23	.	.	PUNCT
ajfa-5372	159	1	in	in	ADP
ajfa-5372	159	2	2012	2012	NUM
ajfa-5372	159	3	eva	eva	NOUN
ajfa-5372	159	4	depended	depend	VERB
ajfa-5372	159	5	on	on	ADP
ajfa-5372	159	6	nopat	nopat	PROPN
ajfa-5372	159	7	and	and	CCONJ
ajfa-5372	159	8	rona	rona	PROPN
ajfa-5372	159	9	i.e.	i.e.	X
ajfa-5372	159	10	,	,	PUNCT
ajfa-5372	159	11	initially	initially	ADV
ajfa-5372	159	12	nopat	nopat	PROPN
ajfa-5372	159	13	played	play	VERB
ajfa-5372	159	14	significant	significant	ADJ
ajfa-5372	159	15	component	component	NOUN
ajfa-5372	159	16	in	in	ADP
ajfa-5372	159	17	the	the	DET
ajfa-5372	159	18	dependency	dependency	NOUN
ajfa-5372	159	19	of	of	ADP
ajfa-5372	159	20	eva	eva	NOUN
ajfa-5372	159	21	whereas	whereas	SCONJ
ajfa-5372	159	22	in	in	ADP
ajfa-5372	159	23	further	further	ADJ
ajfa-5372	159	24	years	year	NOUN
ajfa-5372	159	25	even	even	ADV
ajfa-5372	159	26	rona	rona	PROPN
ajfa-5372	159	27	began	begin	VERB
ajfa-5372	159	28	influencing	influence	VERB
ajfa-5372	159	29	eva	eva	PROPN
ajfa-5372	159	30	.	.	PROPN
ajfa-5372	159	31	table	table	NOUN
ajfa-5372	159	32	5	5	NUM
ajfa-5372	159	33	contains	contain	VERB
ajfa-5372	159	34	the	the	DET
ajfa-5372	159	35	summary	summary	NOUN
ajfa-5372	159	36	statistics	statistic	NOUN
ajfa-5372	159	37	through	through	ADP
ajfa-5372	159	38	step	step	NOUN
ajfa-5372	159	39	-	-	PUNCT
ajfa-5372	159	40	wise	wise	ADJ
ajfa-5372	159	41	multiple	multiple	ADJ
ajfa-5372	159	42	regressions	regression	NOUN
ajfa-5372	159	43	.	.	PUNCT
ajfa-5372	160	1	it	it	PRON
ajfa-5372	160	2	is	be	AUX
ajfa-5372	160	3	noted	note	VERB
ajfa-5372	160	4	that	that	SCONJ
ajfa-5372	160	5	the	the	DET
ajfa-5372	160	6	r	r	NOUN
ajfa-5372	160	7	,	,	PUNCT
ajfa-5372	160	8	r2	r2	NOUN
ajfa-5372	160	9	,	,	PUNCT
ajfa-5372	160	10	and	and	CCONJ
ajfa-5372	160	11	adj	adj	PROPN
ajfa-5372	160	12	.	.	PROPN
ajfa-5372	160	13	r2	r2	PROPN
ajfa-5372	160	14	values	value	NOUN
ajfa-5372	160	15	remain	remain	VERB
ajfa-5372	160	16	same	same	ADJ
ajfa-5372	160	17	in	in	ADP
ajfa-5372	160	18	both	both	PRON
ajfa-5372	160	19	enter	enter	VERB
ajfa-5372	160	20	and	and	CCONJ
ajfa-5372	160	21	step	step	NOUN
ajfa-5372	160	22	-	-	PUNCT
ajfa-5372	160	23	wise	wise	ADJ
ajfa-5372	160	24	method	method	NOUN
ajfa-5372	160	25	.	.	PUNCT
ajfa-5372	161	1	the	the	DET
ajfa-5372	161	2	fcf	fcf	PROPN
ajfa-5372	161	3	variable	variable	NOUN
ajfa-5372	161	4	has	have	VERB
ajfa-5372	161	5	no	no	DET
ajfa-5372	161	6	influence	influence	NOUN
ajfa-5372	161	7	on	on	ADP
ajfa-5372	161	8	value	value	NOUN
ajfa-5372	161	9	based	base	VERB
ajfa-5372	161	10	measure	measure	NOUN
ajfa-5372	161	11	eva	eva	PROPN
ajfa-5372	161	12	through	through	ADP
ajfa-5372	161	13	the	the	DET
ajfa-5372	161	14	study	study	NOUN
ajfa-5372	161	15	period	period	NOUN
ajfa-5372	161	16	as	as	ADP
ajfa-5372	161	17	similar	similar	ADJ
ajfa-5372	161	18	to	to	PART
ajfa-5372	161	19	enter	enter	VERB
ajfa-5372	161	20	method	method	NOUN
ajfa-5372	161	21	.	.	PUNCT
ajfa-5372	162	1	the	the	DET
ajfa-5372	162	2	durbin	durbin	PROPN
ajfa-5372	162	3	watson	watson	PROPN
ajfa-5372	162	4	statistic	statistic	PROPN
ajfa-5372	162	5	in	in	ADP
ajfa-5372	162	6	both	both	DET
ajfa-5372	162	7	tables	table	NOUN
ajfa-5372	162	8	one	one	NUM
ajfa-5372	162	9	and	and	CCONJ
ajfa-5372	162	10	two	two	NUM
ajfa-5372	162	11	in	in	ADP
ajfa-5372	162	12	every	every	DET
ajfa-5372	162	13	year	year	NOUN
ajfa-5372	162	14	indicates	indicate	VERB
ajfa-5372	162	15	that	that	SCONJ
ajfa-5372	162	16	auto	auto	NOUN
ajfa-5372	162	17	correlation	correlation	NOUN
ajfa-5372	162	18	among	among	ADP
ajfa-5372	162	19	determinant	determinant	ADJ
ajfa-5372	162	20	variables	variable	NOUN
ajfa-5372	162	21	in	in	ADP
ajfa-5372	162	22	all	all	DET
ajfa-5372	162	23	the	the	DET
ajfa-5372	162	24	models	model	NOUN
ajfa-5372	162	25	throughout	throughout	ADP
ajfa-5372	162	26	the	the	DET
ajfa-5372	162	27	study	study	NOUN
ajfa-5372	162	28	period	period	NOUN
ajfa-5372	162	29	was	be	AUX
ajfa-5372	162	30	within	within	ADP
ajfa-5372	162	31	the	the	DET
ajfa-5372	162	32	limits	limit	NOUN
ajfa-5372	162	33	.	.	PUNCT
ajfa-5372	163	1	asian	asian	ADJ
ajfa-5372	163	2	journal	journal	PROPN
ajfa-5372	163	3	of	of	ADP
ajfa-5372	163	4	finance	finance	PROPN
ajfa-5372	163	5	&	&	CCONJ
ajfa-5372	163	6	accounting	accounting	PROPN
ajfa-5372	163	7	issn	issn	PROPN
ajfa-5372	163	8	1946	1946	NUM
ajfa-5372	163	9	-	-	PUNCT
ajfa-5372	163	10	052x	052x	PROPN
ajfa-5372	163	11	2014	2014	NUM
ajfa-5372	163	12	,	,	PUNCT
ajfa-5372	163	13	vol	vol	NOUN
ajfa-5372	163	14	.	.	PROPN
ajfa-5372	164	1	6	6	NUM
ajfa-5372	164	2	,	,	PUNCT
ajfa-5372	164	3	no	no	INTJ
ajfa-5372	164	4	.	.	NOUN
ajfa-5372	164	5	1	1	NUM
ajfa-5372	164	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5372	164	7	399	399	NUM
ajfa-5372	164	8	table	table	NOUN
ajfa-5372	164	9	6	6	NUM
ajfa-5372	164	10	.	.	PUNCT
ajfa-5372	164	11	compounded	compound	VERB
ajfa-5372	164	12	annual	annual	ADJ
ajfa-5372	164	13	growth	growth	NOUN
ajfa-5372	164	14	rate	rate	NOUN
ajfa-5372	164	15	year	year	NOUN
ajfa-5372	164	16	2009	2009	NUM
ajfa-5372	164	17	2010	2010	NUM
ajfa-5372	164	18	2011	2011	NUM
ajfa-5372	164	19	2012	2012	NUM
ajfa-5372	164	20	cagr	cagr	NOUN
ajfa-5372	164	21	7.37	7.37	NUM
ajfa-5372	164	22	%	%	NOUN
ajfa-5372	164	23	21.54	21.54	NUM
ajfa-5372	164	24	%	%	NOUN
ajfa-5372	164	25	6.45	6.45	NUM
ajfa-5372	164	26	%	%	NOUN
ajfa-5372	164	27	-1.68	-1.68	NOUN
ajfa-5372	164	28	%	%	NOUN
ajfa-5372	164	29	table	table	NOUN
ajfa-5372	164	30	6	6	NUM
ajfa-5372	164	31	and	and	CCONJ
ajfa-5372	164	32	graph	graph	NOUN
ajfa-5372	164	33	shows	show	VERB
ajfa-5372	164	34	the	the	DET
ajfa-5372	164	35	compounded	compound	VERB
ajfa-5372	164	36	annual	annual	ADJ
ajfa-5372	164	37	growth	growth	NOUN
ajfa-5372	164	38	rate	rate	NOUN
ajfa-5372	164	39	of	of	ADP
ajfa-5372	164	40	eva	eva	PROPN
ajfa-5372	164	41	,	,	PUNCT
ajfa-5372	164	42	nopat	nopat	PROPN
ajfa-5372	164	43	,	,	PUNCT
ajfa-5372	164	44	fcf	fcf	PROPN
ajfa-5372	164	45	and	and	CCONJ
ajfa-5372	164	46	rona	rona	PROPN
ajfa-5372	164	47	from	from	ADP
ajfa-5372	164	48	2009	2009	NUM
ajfa-5372	164	49	to	to	ADP
ajfa-5372	164	50	2012	2012	NUM
ajfa-5372	164	51	.	.	PUNCT
ajfa-5372	165	1	it	it	PRON
ajfa-5372	165	2	reveals	reveal	VERB
ajfa-5372	165	3	that	that	SCONJ
ajfa-5372	165	4	the	the	DET
ajfa-5372	165	5	growth	growth	NOUN
ajfa-5372	165	6	rate	rate	NOUN
ajfa-5372	165	7	of	of	ADP
ajfa-5372	165	8	nopat	nopat	NOUN
ajfa-5372	165	9	is	be	AUX
ajfa-5372	165	10	high	high	ADJ
ajfa-5372	165	11	when	when	SCONJ
ajfa-5372	165	12	compared	compare	VERB
ajfa-5372	165	13	to	to	ADP
ajfa-5372	165	14	the	the	DET
ajfa-5372	165	15	growth	growth	NOUN
ajfa-5372	165	16	rate	rate	NOUN
ajfa-5372	165	17	of	of	ADP
ajfa-5372	165	18	other	other	ADJ
ajfa-5372	165	19	variables	variable	NOUN
ajfa-5372	165	20	.	.	PUNCT
ajfa-5372	166	1	hence	hence	ADV
ajfa-5372	166	2	nopat	nopat	PROPN
ajfa-5372	166	3	is	be	AUX
ajfa-5372	166	4	more	more	ADV
ajfa-5372	166	5	influential	influential	ADJ
ajfa-5372	166	6	variable	variable	NOUN
ajfa-5372	166	7	than	than	ADP
ajfa-5372	166	8	any	any	DET
ajfa-5372	166	9	other	other	ADJ
ajfa-5372	166	10	variable	variable	NOUN
ajfa-5372	166	11	on	on	ADP
ajfa-5372	166	12	eva	eva	PROPN
ajfa-5372	166	13	.	.	PROPN
ajfa-5372	166	14	table	table	PROPN
ajfa-5372	166	15	7	7	NUM
ajfa-5372	166	16	.	.	NOUN
ajfa-5372	166	17	year	year	NOUN
ajfa-5372	166	18	on	on	ADP
ajfa-5372	166	19	year	year	NOUN
ajfa-5372	166	20	growth	growth	NOUN
ajfa-5372	166	21	rate	rate	NOUN
ajfa-5372	166	22	variables	variable	NOUN
ajfa-5372	166	23	eva	eva	PROPN
ajfa-5372	166	24	nopat	nopat	PROPN
ajfa-5372	166	25	fcf	fcf	PROPN
ajfa-5372	166	26	rona	rona	PROPN
ajfa-5372	166	27	2009	2009	NUM
ajfa-5372	166	28	2010	2010	NUM
ajfa-5372	166	29	10	10	NUM
ajfa-5372	166	30	%	%	NOUN
ajfa-5372	166	31	13	13	NUM
ajfa-5372	166	32	%	%	NOUN
ajfa-5372	166	33	-72	-72	NOUN
ajfa-5372	166	34	%	%	NOUN
ajfa-5372	166	35	14	14	NUM
ajfa-5372	166	36	%	%	NOUN
ajfa-5372	166	37	2011	2011	NUM
ajfa-5372	166	38	-7	-7	NOUN
ajfa-5372	166	39	%	%	NOUN
ajfa-5372	166	40	19	19	NUM
ajfa-5372	166	41	%	%	NOUN
ajfa-5372	166	42	397	397	NUM
ajfa-5372	166	43	%	%	NOUN
ajfa-5372	166	44	-19	-19	NUM
ajfa-5372	166	45	%	%	NOUN
ajfa-5372	166	46	2012	2012	NUM
ajfa-5372	166	47	22	22	NUM
ajfa-5372	166	48	%	%	NOUN
ajfa-5372	166	49	34	34	NUM
ajfa-5372	166	50	%	%	NOUN
ajfa-5372	166	51	-14	-14	NUM
ajfa-5372	166	52	%	%	NOUN
ajfa-5372	166	53	3	3	NUM
ajfa-5372	166	54	%	%	NOUN
ajfa-5372	166	55	asian	asian	ADJ
ajfa-5372	166	56	journal	journal	NOUN
ajfa-5372	166	57	of	of	ADP
ajfa-5372	166	58	finance	finance	PROPN
ajfa-5372	166	59	&	&	CCONJ
ajfa-5372	166	60	accounting	accounting	PROPN
ajfa-5372	166	61	issn	issn	PROPN
ajfa-5372	166	62	1946	1946	NUM
ajfa-5372	166	63	-	-	PUNCT
ajfa-5372	166	64	052x	052x	PROPN
ajfa-5372	166	65	2014	2014	NUM
ajfa-5372	166	66	,	,	PUNCT
ajfa-5372	166	67	vol	vol	NOUN
ajfa-5372	166	68	.	.	PROPN
ajfa-5372	166	69	6	6	NUM
ajfa-5372	166	70	,	,	PUNCT
ajfa-5372	166	71	no	no	INTJ
ajfa-5372	166	72	.	.	NOUN
ajfa-5372	166	73	1	1	NUM
ajfa-5372	166	74	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5372	166	75	400	400	NUM
ajfa-5372	166	76	to	to	PART
ajfa-5372	166	77	be	be	AUX
ajfa-5372	166	78	more	more	ADV
ajfa-5372	166	79	specific	specific	ADJ
ajfa-5372	166	80	on	on	ADP
ajfa-5372	166	81	the	the	DET
ajfa-5372	166	82	growth	growth	NOUN
ajfa-5372	166	83	of	of	ADP
ajfa-5372	166	84	the	the	DET
ajfa-5372	166	85	study	study	NOUN
ajfa-5372	166	86	variables	variable	NOUN
ajfa-5372	166	87	,	,	PUNCT
ajfa-5372	166	88	apart	apart	ADV
ajfa-5372	166	89	from	from	ADP
ajfa-5372	166	90	compounded	compound	VERB
ajfa-5372	166	91	annual	annual	ADJ
ajfa-5372	166	92	growth	growth	NOUN
ajfa-5372	166	93	rate	rate	NOUN
ajfa-5372	166	94	as	as	SCONJ
ajfa-5372	166	95	shown	show	VERB
ajfa-5372	166	96	in	in	ADP
ajfa-5372	166	97	the	the	DET
ajfa-5372	166	98	previous	previous	ADJ
ajfa-5372	166	99	table	table	NOUN
ajfa-5372	166	100	and	and	CCONJ
ajfa-5372	166	101	graph	graph	NOUN
ajfa-5372	166	102	,	,	PUNCT
ajfa-5372	166	103	year	year	NOUN
ajfa-5372	166	104	on	on	ADP
ajfa-5372	166	105	year	year	NOUN
ajfa-5372	166	106	growth	growth	NOUN
ajfa-5372	166	107	rate	rate	NOUN
ajfa-5372	166	108	has	have	AUX
ajfa-5372	166	109	also	also	ADV
ajfa-5372	166	110	been	be	AUX
ajfa-5372	166	111	computed	compute	VERB
ajfa-5372	166	112	and	and	CCONJ
ajfa-5372	166	113	depicted	depict	VERB
ajfa-5372	166	114	in	in	ADP
ajfa-5372	166	115	table	table	NOUN
ajfa-5372	166	116	7	7	NUM
ajfa-5372	166	117	and	and	CCONJ
ajfa-5372	166	118	the	the	DET
ajfa-5372	166	119	above	above	ADJ
ajfa-5372	166	120	graph	graph	NOUN
ajfa-5372	166	121	.	.	PUNCT
ajfa-5372	167	1	it	it	PRON
ajfa-5372	167	2	reveals	reveal	VERB
ajfa-5372	167	3	that	that	SCONJ
ajfa-5372	167	4	there	there	PRON
ajfa-5372	167	5	is	be	VERB
ajfa-5372	167	6	more	more	ADJ
ajfa-5372	167	7	fluctuation	fluctuation	NOUN
ajfa-5372	167	8	in	in	ADP
ajfa-5372	167	9	growth	growth	NOUN
ajfa-5372	167	10	of	of	ADP
ajfa-5372	167	11	fcf	fcf	NOUN
ajfa-5372	167	12	than	than	ADP
ajfa-5372	167	13	other	other	ADJ
ajfa-5372	167	14	variables	variable	NOUN
ajfa-5372	167	15	.	.	PUNCT
ajfa-5372	168	1	the	the	DET
ajfa-5372	168	2	growth	growth	NOUN
ajfa-5372	168	3	of	of	ADP
ajfa-5372	168	4	eva	eva	NOUN
ajfa-5372	168	5	is	be	AUX
ajfa-5372	168	6	in	in	ADP
ajfa-5372	168	7	line	line	NOUN
ajfa-5372	168	8	with	with	ADP
ajfa-5372	168	9	nopat	nopat	PROPN
ajfa-5372	168	10	and	and	CCONJ
ajfa-5372	168	11	rona	rona	PROPN
ajfa-5372	168	12	.	.	PUNCT
ajfa-5372	169	1	conclusion	conclusion	NOUN
ajfa-5372	169	2	compared	compare	VERB
ajfa-5372	169	3	to	to	ADP
ajfa-5372	169	4	conventional	conventional	ADJ
ajfa-5372	169	5	measures	measure	NOUN
ajfa-5372	169	6	,	,	PUNCT
ajfa-5372	169	7	eva	eva	NOUN
ajfa-5372	169	8	is	be	AUX
ajfa-5372	169	9	an	an	DET
ajfa-5372	169	10	epochal	epochal	ADJ
ajfa-5372	169	11	measure	measure	NOUN
ajfa-5372	169	12	since	since	SCONJ
ajfa-5372	169	13	it	it	PRON
ajfa-5372	169	14	can	can	AUX
ajfa-5372	169	15	be	be	AUX
ajfa-5372	169	16	maximized	maximize	VERB
ajfa-5372	169	17	and	and	CCONJ
ajfa-5372	169	18	it	it	PRON
ajfa-5372	169	19	is	be	AUX
ajfa-5372	169	20	better	well	ADJ
ajfa-5372	169	21	if	if	SCONJ
ajfa-5372	169	22	eva	eva	NOUN
ajfa-5372	169	23	is	be	AUX
ajfa-5372	169	24	larger	large	ADJ
ajfa-5372	169	25	.	.	PUNCT
ajfa-5372	170	1	eva	eva	PROPN
ajfa-5372	170	2	helps	help	VERB
ajfa-5372	170	3	enormously	enormously	ADV
ajfa-5372	170	4	the	the	DET
ajfa-5372	170	5	management	management	NOUN
ajfa-5372	170	6	and	and	CCONJ
ajfa-5372	170	7	employees	employee	NOUN
ajfa-5372	170	8	and	and	CCONJ
ajfa-5372	170	9	the	the	DET
ajfa-5372	170	10	constituencies	constituency	NOUN
ajfa-5372	170	11	to	to	PART
ajfa-5372	170	12	see	see	VERB
ajfa-5372	170	13	what	what	PRON
ajfa-5372	170	14	should	should	AUX
ajfa-5372	170	15	be	be	AUX
ajfa-5372	170	16	real	real	ADJ
ajfa-5372	170	17	objective	objective	NOUN
ajfa-5372	170	18	of	of	ADP
ajfa-5372	170	19	the	the	DET
ajfa-5372	170	20	company	company	NOUN
ajfa-5372	170	21	,	,	PUNCT
ajfa-5372	170	22	since	since	SCONJ
ajfa-5372	170	23	it	it	PRON
ajfa-5372	170	24	makes	make	VERB
ajfa-5372	170	25	clear	clear	ADJ
ajfa-5372	170	26	to	to	ADP
ajfa-5372	170	27	all	all	DET
ajfa-5372	170	28	what	what	DET
ajfa-5372	170	29	profitability	profitability	NOUN
ajfa-5372	170	30	really	really	ADV
ajfa-5372	170	31	is	be	AUX
ajfa-5372	170	32	.	.	PUNCT
ajfa-5372	171	1	eva	eva	PROPN
ajfa-5372	171	2	as	as	ADP
ajfa-5372	171	3	a	a	DET
ajfa-5372	171	4	value	value	NOUN
ajfa-5372	171	5	based	base	VERB
ajfa-5372	171	6	measure	measure	NOUN
ajfa-5372	171	7	is	be	AUX
ajfa-5372	171	8	influenced	influence	VERB
ajfa-5372	171	9	by	by	ADP
ajfa-5372	171	10	certain	certain	ADJ
ajfa-5372	171	11	variables	variable	NOUN
ajfa-5372	171	12	.	.	PUNCT
ajfa-5372	172	1	in	in	ADP
ajfa-5372	172	2	the	the	DET
ajfa-5372	172	3	study	study	NOUN
ajfa-5372	172	4	it	it	PRON
ajfa-5372	172	5	is	be	AUX
ajfa-5372	172	6	found	find	VERB
ajfa-5372	172	7	that	that	SCONJ
ajfa-5372	172	8	majorly	majorly	ADV
ajfa-5372	172	9	net	net	ADJ
ajfa-5372	172	10	operating	operating	NOUN
ajfa-5372	172	11	profit	profit	NOUN
ajfa-5372	172	12	after	after	ADP
ajfa-5372	172	13	taxes	taxis	NOUN
ajfa-5372	172	14	had	have	VERB
ajfa-5372	172	15	major	major	ADJ
ajfa-5372	172	16	influence	influence	NOUN
ajfa-5372	172	17	in	in	ADP
ajfa-5372	172	18	the	the	DET
ajfa-5372	172	19	initial	initial	ADJ
ajfa-5372	172	20	period	period	NOUN
ajfa-5372	172	21	and	and	CCONJ
ajfa-5372	172	22	at	at	ADP
ajfa-5372	172	23	the	the	DET
ajfa-5372	172	24	end	end	NOUN
ajfa-5372	172	25	of	of	ADP
ajfa-5372	172	26	the	the	DET
ajfa-5372	172	27	study	study	NOUN
ajfa-5372	172	28	period	period	NOUN
ajfa-5372	172	29	return	return	NOUN
ajfa-5372	172	30	on	on	ADP
ajfa-5372	172	31	net	net	ADJ
ajfa-5372	172	32	assets	asset	NOUN
ajfa-5372	172	33	had	have	VERB
ajfa-5372	172	34	influence	influence	NOUN
ajfa-5372	172	35	on	on	ADP
ajfa-5372	172	36	eva	eva	PROPN
ajfa-5372	172	37	.	.	PUNCT
ajfa-5372	173	1	this	this	PRON
ajfa-5372	173	2	indicates	indicate	VERB
ajfa-5372	173	3	that	that	SCONJ
ajfa-5372	173	4	to	to	ADP
ajfa-5372	173	5	shareholders	shareholder	NOUN
ajfa-5372	173	6	value	value	NOUN
ajfa-5372	173	7	creation	creation	NOUN
ajfa-5372	173	8	would	would	AUX
ajfa-5372	173	9	be	be	AUX
ajfa-5372	173	10	effected	effect	VERB
ajfa-5372	173	11	if	if	SCONJ
ajfa-5372	173	12	there	there	PRON
ajfa-5372	173	13	is	be	VERB
ajfa-5372	173	14	minimum	minimum	ADJ
ajfa-5372	173	15	profit	profit	NOUN
ajfa-5372	173	16	after	after	ADP
ajfa-5372	173	17	taxes	taxis	NOUN
ajfa-5372	173	18	.	.	PUNCT
ajfa-5372	174	1	references	reference	NOUN
ajfa-5372	174	2	akbar	akbar	NOUN
ajfa-5372	174	3	parvaei	parvaei	NOUN
ajfa-5372	174	4	,	,	PUNCT
ajfa-5372	174	5	s.	s.	PROPN
ajfa-5372	174	6	f.	f.	PROPN
ajfa-5372	174	7	(	(	PUNCT
ajfa-5372	174	8	2013	2013	NUM
ajfa-5372	174	9	)	)	PUNCT
ajfa-5372	174	10	.	.	PUNCT
ajfa-5372	175	1	the	the	DET
ajfa-5372	175	2	ability	ability	NOUN
ajfa-5372	175	3	of	of	ADP
ajfa-5372	175	4	explaining	explain	VERB
ajfa-5372	175	5	and	and	CCONJ
ajfa-5372	175	6	predicting	predict	VERB
ajfa-5372	175	7	of	of	ADP
ajfa-5372	175	8	economic	economic	ADJ
ajfa-5372	175	9	value	value	NOUN
ajfa-5372	175	10	addedversus	addedversus	PROPN
ajfa-5372	175	11	net	net	PROPN
ajfa-5372	175	12	income	income	NOUN
ajfa-5372	175	13	(	(	PUNCT
ajfa-5372	175	14	ni	ni	NOUN
ajfa-5372	175	15	)	)	PUNCT
ajfa-5372	175	16	,	,	PUNCT
ajfa-5372	175	17	residual	residual	ADJ
ajfa-5372	175	18	income	income	NOUN
ajfa-5372	175	19	(	(	PUNCT
ajfa-5372	175	20	ri	ri	NOUN
ajfa-5372	175	21	)	)	PUNCT
ajfa-5372	175	22	&	&	CCONJ
ajfa-5372	175	23	free	free	ADJ
ajfa-5372	175	24	cash	cash	NOUN
ajfa-5372	175	25	flow	flow	NOUN
ajfa-5372	175	26	(	(	PUNCT
ajfa-5372	175	27	fcf	fcf	NOUN
ajfa-5372	175	28	)	)	PUNCT
ajfa-5372	175	29	in	in	ADP
ajfa-5372	175	30	tehran	tehran	PROPN
ajfa-5372	175	31	stock	stock	PROPN
ajfa-5372	175	32	exchange	exchange	PROPN
ajfa-5372	175	33	(	(	PUNCT
ajfa-5372	175	34	tse	tse	PROPN
ajfa-5372	175	35	)	)	PUNCT
ajfa-5372	175	36	.	.	PUNCT
ajfa-5372	176	1	international	international	ADJ
ajfa-5372	176	2	journal	journal	PROPN
ajfa-5372	176	3	of	of	ADP
ajfa-5372	176	4	economics	economic	NOUN
ajfa-5372	176	5	and	and	CCONJ
ajfa-5372	176	6	finance	finance	NOUN
ajfa-5372	176	7	,	,	PUNCT
ajfa-5372	176	8	5(2	5(2	NUM
ajfa-5372	176	9	)	)	PUNCT
ajfa-5372	176	10	,	,	PUNCT
ajfa-5372	176	11	67	67	NUM
ajfa-5372	176	12	-	-	SYM
ajfa-5372	176	13	77	77	NUM
ajfa-5372	176	14	.	.	PUNCT
ajfa-5372	177	1	anil	anil	PROPN
ajfa-5372	177	2	k	k	PROPN
ajfa-5372	177	3	sharma	sharma	PROPN
ajfa-5372	177	4	,	,	PUNCT
ajfa-5372	177	5	s.	s.	PROPN
ajfa-5372	177	6	k.	k.	PROPN
ajfa-5372	177	7	(	(	PUNCT
ajfa-5372	177	8	2010	2010	NUM
ajfa-5372	177	9	,	,	PUNCT
ajfa-5372	177	10	may	may	AUX
ajfa-5372	177	11	)	)	PUNCT
ajfa-5372	177	12	.	.	PUNCT
ajfa-5372	178	1	economic	economic	ADJ
ajfa-5372	178	2	value	value	NOUN
ajfa-5372	178	3	added	add	VERB
ajfa-5372	178	4	(	(	PUNCT
ajfa-5372	178	5	eva	eva	PROPN
ajfa-5372	178	6	)	)	PUNCT
ajfa-5372	178	7	literature	literature	PROPN
ajfa-5372	178	8	review	review	NOUN
ajfa-5372	178	9	and	and	CCONJ
ajfa-5372	178	10	relevant	relevant	ADJ
ajfa-5372	178	11	issues	issue	NOUN
ajfa-5372	178	12	.	.	PUNCT
ajfa-5372	179	1	international	international	ADJ
ajfa-5372	179	2	journal	journal	PROPN
ajfa-5372	179	3	of	of	ADP
ajfa-5372	179	4	economics	economic	NOUN
ajfa-5372	179	5	and	and	CCONJ
ajfa-5372	179	6	finance	finance	NOUN
ajfa-5372	179	7	,	,	PUNCT
ajfa-5372	179	8	2(2	2(2	NUM
ajfa-5372	179	9	)	)	PUNCT
ajfa-5372	179	10	,	,	PUNCT
ajfa-5372	179	11	200	200	NUM
ajfa-5372	179	12	-	-	SYM
ajfa-5372	179	13	221	221	NUM
ajfa-5372	179	14	.	.	PUNCT
ajfa-5372	180	1	asian	asian	ADJ
ajfa-5372	180	2	journal	journal	PROPN
ajfa-5372	180	3	of	of	ADP
ajfa-5372	180	4	finance	finance	PROPN
ajfa-5372	180	5	&	&	CCONJ
ajfa-5372	180	6	accounting	accounting	PROPN
ajfa-5372	180	7	issn	issn	PROPN
ajfa-5372	180	8	1946	1946	NUM
ajfa-5372	180	9	-	-	PUNCT
ajfa-5372	180	10	052x	052x	PROPN
ajfa-5372	180	11	2014	2014	NUM
ajfa-5372	180	12	,	,	PUNCT
ajfa-5372	180	13	vol	vol	NOUN
ajfa-5372	180	14	.	.	PROPN
ajfa-5372	181	1	6	6	NUM
ajfa-5372	181	2	,	,	PUNCT
ajfa-5372	181	3	no	no	INTJ
ajfa-5372	181	4	.	.	NOUN
ajfa-5372	181	5	1	1	NUM
ajfa-5372	181	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5372	181	7	401	401	NUM
ajfa-5372	181	8	banerjee	banerjee	NOUN
ajfa-5372	181	9	,	,	PUNCT
ajfa-5372	181	10	a.	a.	NOUN
ajfa-5372	181	11	a.	a.	NOUN
ajfa-5372	181	12	(	(	PUNCT
ajfa-5372	181	13	1999	1999	NUM
ajfa-5372	181	14	,	,	PUNCT
ajfa-5372	181	15	jan	jan	PROPN
ajfa-5372	181	16	/	/	SYM
ajfa-5372	181	17	june	june	PROPN
ajfa-5372	181	18	)	)	PUNCT
ajfa-5372	181	19	.	.	PUNCT
ajfa-5372	182	1	economic	economic	ADJ
ajfa-5372	182	2	value	value	NOUN
ajfa-5372	182	3	added	add	VERB
ajfa-5372	182	4	and	and	CCONJ
ajfa-5372	182	5	shareholder	shareholder	NOUN
ajfa-5372	182	6	wealth	wealth	NOUN
ajfa-5372	182	7	:	:	PUNCT
ajfa-5372	182	8	an	an	DET
ajfa-5372	182	9	empirical	empirical	ADJ
ajfa-5372	182	10	study	study	NOUN
ajfa-5372	182	11	of	of	ADP
ajfa-5372	182	12	relationship	relationship	NOUN
ajfa-5372	182	13	.	.	PUNCT
ajfa-5372	183	1	paradigm	paradigm	NOUN
ajfa-5372	183	2	,	,	PUNCT
ajfa-5372	183	3	3(1	3(1	NUM
ajfa-5372	183	4	)	)	PUNCT
ajfa-5372	183	5	,	,	PUNCT
ajfa-5372	183	6	99	99	NUM
ajfa-5372	183	7	-	-	SYM
ajfa-5372	183	8	135	135	NUM
ajfa-5372	183	9	.	.	PUNCT
ajfa-5372	183	10	bhunia	bhunia	NOUN
ajfa-5372	183	11	,	,	PUNCT
ajfa-5372	183	12	a.	a.	NOUN
ajfa-5372	183	13	(	(	PUNCT
ajfa-5372	183	14	2012	2012	NUM
ajfa-5372	183	15	,	,	PUNCT
ajfa-5372	183	16	may	may	AUX
ajfa-5372	183	17	)	)	PUNCT
ajfa-5372	183	18	.	.	PUNCT
ajfa-5372	184	1	relationship	relationship	NOUN
ajfa-5372	184	2	between	between	ADP
ajfa-5372	184	3	shareholder	shareholder	NOUN
ajfa-5372	184	4	's	's	PART
ajfa-5372	184	5	value	value	NOUN
ajfa-5372	184	6	and	and	CCONJ
ajfa-5372	184	7	financial	financial	ADJ
ajfa-5372	184	8	variables	variable	NOUN
ajfa-5372	184	9	a	a	DET
ajfa-5372	184	10	study	study	NOUN
ajfa-5372	184	11	of	of	ADP
ajfa-5372	184	12	maximise	maximise	NOUN
ajfa-5372	184	13	shareholder	shareholder	NOUN
ajfa-5372	184	14	value	value	NOUN
ajfa-5372	184	15	.	.	PUNCT
ajfa-5372	185	1	universal	universal	ADJ
ajfa-5372	185	2	journal	journal	PROPN
ajfa-5372	185	3	of	of	ADP
ajfa-5372	185	4	marketing	marketing	NOUN
ajfa-5372	185	5	and	and	CCONJ
ajfa-5372	185	6	business	business	NOUN
ajfa-5372	185	7	research	research	NOUN
ajfa-5372	185	8	,	,	PUNCT
ajfa-5372	185	9	1(1	1(1	NUM
ajfa-5372	185	10	)	)	PUNCT
ajfa-5372	185	11	,	,	PUNCT
ajfa-5372	185	12	006	006	NUM
ajfa-5372	185	13	-	-	SYM
ajfa-5372	185	14	016	016	NUM
ajfa-5372	185	15	.	.	PUNCT
ajfa-5372	186	1	chauhan	chauhan	PROPN
ajfa-5372	186	2	,	,	PUNCT
ajfa-5372	186	3	p.	p.	NOUN
ajfa-5372	186	4	(	(	PUNCT
ajfa-5372	186	5	2012	2012	NUM
ajfa-5372	186	6	)	)	PUNCT
ajfa-5372	186	7	.	.	PUNCT
ajfa-5372	187	1	shareholders	shareholder	NOUN
ajfa-5372	187	2	value	value	VERB
ajfa-5372	187	3	creation	creation	NOUN
ajfa-5372	187	4	in	in	ADP
ajfa-5372	187	5	indian	indian	ADJ
ajfa-5372	187	6	peroleum	peroleum	NOUN
ajfa-5372	187	7	industry	industry	NOUN
ajfa-5372	187	8	:	:	PUNCT
ajfa-5372	187	9	an	an	DET
ajfa-5372	187	10	empirical	empirical	ADJ
ajfa-5372	187	11	analysis	analysis	NOUN
ajfa-5372	187	12	.	.	PUNCT
ajfa-5372	188	1	international	international	ADJ
ajfa-5372	188	2	conference	conference	NOUN
ajfa-5372	188	3	on	on	ADP
ajfa-5372	188	4	business	business	NOUN
ajfa-5372	188	5	,	,	PUNCT
ajfa-5372	188	6	economics	economic	NOUN
ajfa-5372	188	7	,	,	PUNCT
ajfa-5372	188	8	management	management	NOUN
ajfa-5372	188	9	and	and	CCONJ
ajfa-5372	188	10	behavioral	behavioral	ADJ
ajfa-5372	188	11	sciences	science	NOUN
ajfa-5372	188	12	.	.	PUNCT
ajfa-5372	189	1	david	david	PROPN
ajfa-5372	189	2	crowther	crowther	PROPN
ajfa-5372	189	3	,	,	PUNCT
ajfa-5372	189	4	m.	m.	PROPN
ajfa-5372	189	5	d.	d.	PROPN
ajfa-5372	189	6	(	(	PUNCT
ajfa-5372	189	7	1998	1998	NUM
ajfa-5372	189	8	)	)	PUNCT
ajfa-5372	189	9	.	.	PUNCT
ajfa-5372	190	1	evaluating	evaluate	VERB
ajfa-5372	190	2	corporate	corporate	ADJ
ajfa-5372	190	3	performance	performance	NOUN
ajfa-5372	190	4	:	:	PUNCT
ajfa-5372	190	5	a	a	DET
ajfa-5372	190	6	critique	critique	NOUN
ajfa-5372	190	7	of	of	ADP
ajfa-5372	190	8	economic	economic	ADJ
ajfa-5372	190	9	value	value	NOUN
ajfa-5372	190	10	added	add	VERB
ajfa-5372	190	11	.	.	PUNCT
ajfa-5372	191	1	journal	journal	PROPN
ajfa-5372	191	2	of	of	ADP
ajfa-5372	191	3	applied	apply	VERB
ajfa-5372	191	4	accounting	accounting	NOUN
ajfa-5372	191	5	research	research	NOUN
ajfa-5372	191	6	,	,	PUNCT
ajfa-5372	191	7	4(2	4(2	NUM
ajfa-5372	191	8	)	)	PUNCT
ajfa-5372	191	9	,	,	PUNCT
ajfa-5372	191	10	3	3	NUM
ajfa-5372	191	11	-	-	SYM
ajfa-5372	191	12	34	34	NUM
ajfa-5372	191	13	.	.	PUNCT
ajfa-5372	192	1	dimitrios	dimitrios	PROPN
ajfa-5372	192	2	i.	i.	PROPN
ajfa-5372	192	3	maditinos	maditinos	PROPN
ajfa-5372	192	4	,	,	PUNCT
ajfa-5372	192	5	ž	ž	NOUN
ajfa-5372	192	6	.	.	PUNCT
ajfa-5372	193	1	š	š	NOUN
ajfa-5372	193	2	.	.	PUNCT
ajfa-5372	194	1	(	(	PUNCT
ajfa-5372	194	2	2006	2006	NUM
ajfa-5372	194	3	,	,	PUNCT
ajfa-5372	194	4	november	november	PROPN
ajfa-5372	194	5	)	)	PUNCT
ajfa-5372	194	6	.	.	PUNCT
ajfa-5372	195	1	the	the	DET
ajfa-5372	195	2	introduction	introduction	NOUN
ajfa-5372	195	3	of	of	ADP
ajfa-5372	195	4	economic	economic	ADJ
ajfa-5372	195	5	value	value	NOUN
ajfa-5372	195	6	added	add	VERB
ajfa-5372	195	7	in	in	ADP
ajfa-5372	195	8	the	the	DET
ajfa-5372	195	9	corporate	corporate	ADJ
ajfa-5372	195	10	world	world	NOUN
ajfa-5372	195	11	.	.	PUNCT
ajfa-5372	196	1	international	international	ADJ
ajfa-5372	196	2	conference	conference	NOUN
ajfa-5372	196	3	:	:	PUNCT
ajfa-5372	196	4	innovation	innovation	NOUN
ajfa-5372	196	5	,	,	PUNCT
ajfa-5372	196	6	entrepreneurship	entrepreneurship	NOUN
ajfa-5372	196	7	and	and	CCONJ
ajfa-5372	196	8	competitiveness	competitiveness	NOUN
ajfa-5372	196	9	in	in	ADP
ajfa-5372	196	10	balkan	balkan	ADJ
ajfa-5372	196	11	and	and	CCONJ
ajfa-5372	196	12	black	black	ADJ
ajfa-5372	196	13	sea	sea	NOUN
ajfa-5372	196	14	countries	country	NOUN
ajfa-5372	196	15	.	.	PUNCT
ajfa-5372	197	1	farzad	farzad	PROPN
ajfa-5372	197	2	farsio	farsio	PROPN
ajfa-5372	197	3	,	,	PUNCT
ajfa-5372	197	4	j.	j.	PROPN
ajfa-5372	197	5	d.	d.	PROPN
ajfa-5372	197	6	(	(	PUNCT
ajfa-5372	197	7	2000	2000	NUM
ajfa-5372	197	8	)	)	PUNCT
ajfa-5372	197	9	.	.	PUNCT
ajfa-5372	198	1	economic	economic	ADJ
ajfa-5372	198	2	value	value	NOUN
ajfa-5372	198	3	added	add	VERB
ajfa-5372	198	4	(	(	PUNCT
ajfa-5372	198	5	eva	eva	NOUN
ajfa-5372	198	6	)	)	PUNCT
ajfa-5372	198	7	and	and	CCONJ
ajfa-5372	198	8	stock	stock	NOUN
ajfa-5372	198	9	returns	return	NOUN
ajfa-5372	198	10	.	.	PUNCT
ajfa-5372	199	1	financier	financier	NOUN
ajfa-5372	199	2	,	,	PUNCT
ajfa-5372	199	3	philadelphia	philadelphia	PROPN
ajfa-5372	199	4	,	,	PUNCT
ajfa-5372	199	5	7(1	7(1	NUM
ajfa-5372	199	6	-	-	SYM
ajfa-5372	199	7	4	4	NUM
ajfa-5372	199	8	)	)	PUNCT
ajfa-5372	199	9	.	.	PUNCT
ajfa-5372	200	1	h	h	PROPN
ajfa-5372	200	2	m	m	PROPN
ajfa-5372	200	3	van	van	PROPN
ajfa-5372	200	4	der	der	PROPN
ajfa-5372	200	5	poll	poll	NOUN
ajfa-5372	200	6	,	,	PUNCT
ajfa-5372	200	7	n.	n.	PROPN
ajfa-5372	200	8	b.	b.	PROPN
ajfa-5372	200	9	(	(	PUNCT
ajfa-5372	200	10	2011	2011	NUM
ajfa-5372	200	11	)	)	PUNCT
ajfa-5372	200	12	.	.	PUNCT
ajfa-5372	201	1	an	an	DET
ajfa-5372	201	2	overview	overview	NOUN
ajfa-5372	201	3	of	of	ADP
ajfa-5372	201	4	the	the	DET
ajfa-5372	201	5	implementqation	implementqation	NOUN
ajfa-5372	201	6	of	of	ADP
ajfa-5372	201	7	economic	economic	ADJ
ajfa-5372	201	8	value	value	NOUN
ajfa-5372	201	9	added	add	VERB
ajfa-5372	201	10	performance	performance	NOUN
ajfa-5372	201	11	measures	measure	NOUN
ajfa-5372	201	12	in	in	ADP
ajfa-5372	201	13	south	south	PROPN
ajfa-5372	201	14	africa	africa	PROPN
ajfa-5372	201	15	.	.	PUNCT
ajfa-5372	202	1	south	south	ADJ
ajfa-5372	202	2	african	african	PROPN
ajfa-5372	202	3	business	business	PROPN
ajfa-5372	202	4	review	review	NOUN
ajfa-5372	202	5	,	,	PUNCT
ajfa-5372	202	6	15(3	15(3	NUM
ajfa-5372	202	7	)	)	PUNCT
ajfa-5372	202	8	.	.	PUNCT
ajfa-5372	203	1	haddad	haddad	PROPN
ajfa-5372	203	2	,	,	PUNCT
ajfa-5372	203	3	f.	f.	PROPN
ajfa-5372	203	4	s.	s.	PROPN
ajfa-5372	203	5	(	(	PUNCT
ajfa-5372	203	6	2012	2012	NUM
ajfa-5372	203	7	)	)	PUNCT
ajfa-5372	203	8	.	.	PUNCT
ajfa-5372	204	1	the	the	DET
ajfa-5372	204	2	relationship	relationship	NOUN
ajfa-5372	204	3	between	between	ADP
ajfa-5372	204	4	economic	economic	ADJ
ajfa-5372	204	5	value	value	NOUN
ajfa-5372	204	6	added	add	VERB
ajfa-5372	204	7	and	and	CCONJ
ajfa-5372	204	8	stock	stock	NOUN
ajfa-5372	204	9	returns	return	NOUN
ajfa-5372	204	10	:	:	PUNCT
ajfa-5372	204	11	evidence	evidence	NOUN
ajfa-5372	204	12	from	from	ADP
ajfa-5372	204	13	jordanian	jordanian	ADJ
ajfa-5372	204	14	banks	bank	NOUN
ajfa-5372	204	15	.	.	PUNCT
ajfa-5372	205	1	international	international	ADJ
ajfa-5372	205	2	research	research	PROPN
ajfa-5372	205	3	journal	journal	NOUN
ajfa-5372	205	4	of	of	ADP
ajfa-5372	205	5	finance	finance	NOUN
ajfa-5372	205	6	and	and	CCONJ
ajfa-5372	205	7	economics	economic	NOUN
ajfa-5372	205	8	.	.	PUNCT
ajfa-5372	206	1	hasani	hasani	PROPN
ajfa-5372	206	2	,	,	PUNCT
ajfa-5372	206	3	s.	s.	PROPN
ajfa-5372	206	4	m.	m.	PROPN
ajfa-5372	206	5	(	(	PUNCT
ajfa-5372	206	6	2012	2012	NUM
ajfa-5372	206	7	,	,	PUNCT
ajfa-5372	206	8	july	july	PROPN
ajfa-5372	206	9	)	)	PUNCT
ajfa-5372	206	10	.	.	PUNCT
ajfa-5372	207	1	relationship	relationship	NOUN
ajfa-5372	207	2	tthe	tthe	DET
ajfa-5372	207	3	economic	economic	ADJ
ajfa-5372	207	4	value	value	NOUN
ajfa-5372	207	5	addedwith	addedwith	ADP
ajfa-5372	207	6	stock	stock	NOUN
ajfa-5372	207	7	market	market	NOUN
ajfa-5372	207	8	value	value	NOUN
ajfa-5372	207	9	and	and	CCONJ
ajfa-5372	207	10	profitabilityratios	profitabilityratio	NOUN
ajfa-5372	207	11	.	.	PUNCT
ajfa-5372	208	1	interdisciplinary	interdisciplinary	ADJ
ajfa-5372	208	2	journal	journal	NOUN
ajfa-5372	208	3	of	of	ADP
ajfa-5372	208	4	contemporar	contemporar	NOUN
ajfa-5372	208	5	research	research	NOUN
ajfa-5372	208	6	in	in	ADP
ajfa-5372	208	7	?	?	PUNCT
ajfa-5372	208	8	business	business	NOUN
ajfa-5372	208	9	,	,	PUNCT
ajfa-5372	208	10	4(3	4(3	NUM
ajfa-5372	208	11	)	)	PUNCT
ajfa-5372	208	12	,	,	PUNCT
ajfa-5372	208	13	406	406	NUM
ajfa-5372	208	14	-	-	SYM
ajfa-5372	208	15	415	415	NUM
ajfa-5372	208	16	.	.	PUNCT
ajfa-5372	209	1	ilic	ilic	NOUN
ajfa-5372	209	2	,	,	PUNCT
ajfa-5372	209	3	m.	m.	NOUN
ajfa-5372	209	4	(	(	PUNCT
ajfa-5372	209	5	2010	2010	NUM
ajfa-5372	209	6	)	)	PUNCT
ajfa-5372	209	7	.	.	PUNCT
ajfa-5372	210	1	economic	economic	ADJ
ajfa-5372	210	2	value	value	NOUN
ajfa-5372	210	3	added	add	VERB
ajfa-5372	210	4	as	as	ADP
ajfa-5372	210	5	a	a	DET
ajfa-5372	210	6	modern	modern	ADJ
ajfa-5372	210	7	perfomance	perfomance	NOUN
ajfa-5372	210	8	indicator	indicator	NOUN
ajfa-5372	210	9	.	.	PUNCT
ajfa-5372	210	10	perspectives	perspective	NOUN
ajfa-5372	210	11	of	of	ADP
ajfa-5372	210	12	innovations	innovation	NOUN
ajfa-5372	210	13	,	,	PUNCT
ajfa-5372	210	14	economics	economic	NOUN
ajfa-5372	210	15	and	and	CCONJ
ajfa-5372	210	16	business	business	NOUN
ajfa-5372	210	17	,	,	PUNCT
ajfa-5372	210	18	6(3	6(3	NUM
ajfa-5372	210	19	)	)	PUNCT
ajfa-5372	210	20	.	.	PUNCT
ajfa-5372	211	1	http://dx.doi.org/10.15208/pieb.2010.90	http://dx.doi.org/10.15208/pieb.2010.90	PROPN
ajfa-5372	211	2	ismail	ismail	PROPN
ajfa-5372	211	3	,	,	PUNCT
ajfa-5372	211	4	i.	i.	PROPN
ajfa-5372	211	5	(	(	PUNCT
ajfa-5372	211	6	2011	2011	NUM
ajfa-5372	211	7	,	,	PUNCT
ajfa-5372	211	8	june	june	PROPN
ajfa-5372	211	9	)	)	PUNCT
ajfa-5372	211	10	.	.	PUNCT
ajfa-5372	212	1	the	the	DET
ajfa-5372	212	2	ability	ability	NOUN
ajfa-5372	212	3	of	of	ADP
ajfa-5372	212	4	eva	eva	NOUN
ajfa-5372	212	5	attributes	attribute	NOUN
ajfa-5372	212	6	in	in	ADP
ajfa-5372	212	7	predicting	predict	VERB
ajfa-5372	212	8	company	company	NOUN
ajfa-5372	212	9	performance	performance	NOUN
ajfa-5372	212	10	.	.	PUNCT
ajfa-5372	213	1	african	african	ADJ
ajfa-5372	213	2	journal	journal	PROPN
ajfa-5372	213	3	of	of	ADP
ajfa-5372	213	4	business	business	NOUN
ajfa-5372	213	5	management	management	NOUN
ajfa-5372	213	6	,	,	PUNCT
ajfa-5372	213	7	5(12	5(12	NUM
ajfa-5372	213	8	)	)	PUNCT
ajfa-5372	213	9	,	,	PUNCT
ajfa-5372	213	10	4993	4993	NUM
ajfa-5372	213	11	5000	5000	NUM
ajfa-5372	213	12	.	.	PUNCT
ajfa-5372	214	1	jungyu	jungyu	PROPN
ajfa-5372	214	2	kang	kang	PROPN
ajfa-5372	214	3	,	,	PUNCT
ajfa-5372	214	4	k.	k.	PROPN
ajfa-5372	214	5	k.	k.	PROPN
ajfa-5372	214	6	(	(	PUNCT
ajfa-5372	214	7	2002	2002	NUM
ajfa-5372	214	8	)	)	PUNCT
ajfa-5372	214	9	.	.	PUNCT
ajfa-5372	215	1	economic	economic	ADJ
ajfa-5372	215	2	value	value	NOUN
ajfa-5372	215	3	added	add	VERB
ajfa-5372	215	4	(	(	PUNCT
ajfa-5372	215	5	eva	eva	PROPN
ajfa-5372	215	6	):	):	PUNCT
ajfa-5372	215	7	a	a	DET
ajfa-5372	215	8	financial	financial	ADJ
ajfa-5372	215	9	performance	performance	NOUN
ajfa-5372	215	10	measure	measure	NOUN
ajfa-5372	215	11	.	.	PUNCT
ajfa-5372	216	1	journal	journal	NOUN
ajfa-5372	216	2	of	of	ADP
ajfa-5372	216	3	accounting	accounting	NOUN
ajfa-5372	216	4	and	and	CCONJ
ajfa-5372	216	5	finance	finance	NOUN
ajfa-5372	216	6	research	research	NOUN
ajfa-5372	216	7	,	,	PUNCT
ajfa-5372	216	8	10(1	10(1	NUM
ajfa-5372	216	9	)	)	PUNCT
ajfa-5372	216	10	.	.	PUNCT
ajfa-5372	217	1	peters	peters	PROPN
ajfa-5372	217	2	,	,	PUNCT
ajfa-5372	217	3	j.	j.	PROPN
ajfa-5372	217	4	k.	k.	PROPN
ajfa-5372	217	5	(	(	PUNCT
ajfa-5372	217	6	2001	2001	NUM
ajfa-5372	217	7	)	)	PUNCT
ajfa-5372	217	8	.	.	PUNCT
ajfa-5372	218	1	an	an	DET
ajfa-5372	218	2	inter	inter	ADJ
ajfa-5372	218	3	industry	industry	NOUN
ajfa-5372	218	4	analysis	analysis	NOUN
ajfa-5372	218	5	of	of	ADP
ajfa-5372	218	6	economic	economic	ADJ
ajfa-5372	218	7	value	value	NOUN
ajfa-5372	218	8	added	add	VERB
ajfa-5372	218	9	as	as	ADP
ajfa-5372	218	10	a	a	DET
ajfa-5372	218	11	proxy	proxy	NOUN
ajfa-5372	218	12	for	for	ADP
ajfa-5372	218	13	market	market	NOUN
ajfa-5372	218	14	value	value	NOUN
ajfa-5372	218	15	added	add	VERB
ajfa-5372	218	16	.	.	PUNCT
ajfa-5372	219	1	journal	journal	PROPN
ajfa-5372	219	2	of	of	ADP
ajfa-5372	219	3	applied	apply	VERB
ajfa-5372	219	4	finance	finance	NOUN
ajfa-5372	219	5	,	,	PUNCT
ajfa-5372	219	6	11(1	11(1	NUM
ajfa-5372	219	7	)	)	PUNCT
ajfa-5372	219	8	,	,	PUNCT
ajfa-5372	219	9	41	41	NUM
ajfa-5372	219	10	-	-	SYM
ajfa-5372	219	11	49	49	NUM
ajfa-5372	219	12	.	.	PUNCT
ajfa-5372	220	1	rasool	rasool	PROPN
ajfa-5372	220	2	baradaran	baradaran	PROPN
ajfa-5372	220	3	hasanzade	hasanzade	PROPN
ajfa-5372	220	4	,	,	PUNCT
ajfa-5372	220	5	f.	f.	PROPN
ajfa-5372	220	6	n.	n.	PROPN
ajfa-5372	220	7	(	(	PUNCT
ajfa-5372	220	8	2013	2013	NUM
ajfa-5372	220	9	)	)	PUNCT
ajfa-5372	220	10	.	.	PUNCT
ajfa-5372	221	1	studying	study	VERB
ajfa-5372	221	2	the	the	DET
ajfa-5372	221	3	relationship	relationship	NOUN
ajfa-5372	221	4	between	between	ADP
ajfa-5372	221	5	financing	financing	NOUN
ajfa-5372	221	6	methods	method	NOUN
ajfa-5372	221	7	and	and	CCONJ
ajfa-5372	221	8	eva	eva	PROPN
ajfa-5372	221	9	.	.	PUNCT
ajfa-5372	221	10	trends	trend	NOUN
ajfa-5372	221	11	in	in	ADP
ajfa-5372	221	12	social	social	ADJ
ajfa-5372	221	13	science	science	NOUN
ajfa-5372	221	14	,	,	PUNCT
ajfa-5372	221	15	6(1	6(1	NUM
ajfa-5372	221	16	)	)	PUNCT
ajfa-5372	221	17	,	,	PUNCT
ajfa-5372	221	18	90	90	NUM
ajfa-5372	221	19	-	-	SYM
ajfa-5372	221	20	99	99	NUM
ajfa-5372	221	21	.	.	PUNCT
ajfa-5372	222	1	salehi	salehi	NOUN
ajfa-5372	222	2	,	,	PUNCT
ajfa-5372	222	3	m.	m.	NOUN
ajfa-5372	222	4	a.	a.	NOUN
ajfa-5372	222	5	(	(	PUNCT
ajfa-5372	222	6	2011	2011	NUM
ajfa-5372	222	7	)	)	PUNCT
ajfa-5372	222	8	.	.	PUNCT
ajfa-5372	223	1	eva	eva	PROPN
ajfa-5372	223	2	or	or	CCONJ
ajfa-5372	223	3	traditional	traditional	ADJ
ajfa-5372	223	4	accounting	accounting	NOUN
ajfa-5372	223	5	measures	measure	NOUN
ajfa-5372	223	6	:	:	PUNCT
ajfa-5372	223	7	empirical	empirical	ADJ
ajfa-5372	223	8	evidence	evidence	NOUN
ajfa-5372	223	9	from	from	ADP
ajfa-5372	223	10	iran	iran	PROPN
ajfa-5372	223	11	.	.	PUNCT
ajfa-5372	224	1	international	international	ADJ
ajfa-5372	224	2	research	research	PROPN
ajfa-5372	224	3	journal	journal	NOUN
ajfa-5372	224	4	of	of	ADP
ajfa-5372	224	5	finance	finance	NOUN
ajfa-5372	224	6	and	and	CCONJ
ajfa-5372	224	7	economics	economic	NOUN
ajfa-5372	224	8	,	,	PUNCT
ajfa-5372	224	9	65	65	NUM
ajfa-5372	224	10	.	.	PUNCT