id	sid	tid	token	lemma	pos
ajfa-6062	1	1	microsoft	microsoft	PROPN
ajfa-6062	1	2	word	word	NOUN
ajfa-6062	1	3	6062-21822-1-sm-writer2-new.doc	6062-21822-1-sm-writer2-new.doc	NUM
ajfa-6062	1	4	asian	asian	ADJ
ajfa-6062	1	5	journal	journal	NOUN
ajfa-6062	1	6	of	of	ADP
ajfa-6062	1	7	finance	finance	PROPN
ajfa-6062	1	8	&	&	CCONJ
ajfa-6062	1	9	accounting	accounting	PROPN
ajfa-6062	1	10	issn	issn	PROPN
ajfa-6062	1	11	1946	1946	NUM
ajfa-6062	1	12	-	-	PUNCT
ajfa-6062	1	13	052x	052x	PROPN
ajfa-6062	1	14	2014	2014	NUM
ajfa-6062	1	15	,	,	PUNCT
ajfa-6062	1	16	vol	vol	NOUN
ajfa-6062	1	17	.	.	PROPN
ajfa-6062	1	18	6	6	NUM
ajfa-6062	1	19	,	,	PUNCT
ajfa-6062	1	20	no	no	INTJ
ajfa-6062	1	21	.	.	NOUN
ajfa-6062	1	22	2	2	NUM
ajfa-6062	1	23	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6062	1	24	87	87	NUM
ajfa-6062	1	25	is	be	AUX
ajfa-6062	1	26	stock	stock	NOUN
ajfa-6062	1	27	price	price	NOUN
ajfa-6062	1	28	synchronicity	synchronicity	NOUN
ajfa-6062	1	29	a	a	DET
ajfa-6062	1	30	measure	measure	NOUN
ajfa-6062	1	31	of	of	ADP
ajfa-6062	1	32	noise	noise	NOUN
ajfa-6062	1	33	or	or	CCONJ
ajfa-6062	1	34	stock	stock	NOUN
ajfa-6062	1	35	price	price	NOUN
ajfa-6062	1	36	informativeness	informativeness	NOUN
ajfa-6062	1	37	:	:	PUNCT
ajfa-6062	1	38	evidence	evidence	NOUN
ajfa-6062	1	39	from	from	ADP
ajfa-6062	1	40	audit	audit	NOUN
ajfa-6062	1	41	pricing	pricing	NOUN
ajfa-6062	1	42	model	model	NOUN
ajfa-6062	1	43	jim	jim	PROPN
ajfa-6062	1	44	wang	wang	PROPN
ajfa-6062	1	45	(	(	PUNCT
ajfa-6062	1	46	corresponding	correspond	VERB
ajfa-6062	1	47	author	author	NOUN
ajfa-6062	1	48	)	)	PUNCT
ajfa-6062	1	49	school	school	NOUN
ajfa-6062	1	50	of	of	ADP
ajfa-6062	1	51	business	business	NOUN
ajfa-6062	1	52	,	,	PUNCT
ajfa-6062	1	53	tung	tung	PROPN
ajfa-6062	1	54	wah	wah	PROPN
ajfa-6062	1	55	college	college	PROPN
ajfa-6062	1	56	mongkok	mongkok	PROPN
ajfa-6062	1	57	,	,	PUNCT
ajfa-6062	1	58	kowloon	kowloon	PROPN
ajfa-6062	1	59	,	,	PUNCT
ajfa-6062	1	60	hong	hong	PROPN
ajfa-6062	1	61	kong	kong	PROPN
ajfa-6062	1	62	tel	tel	PROPN
ajfa-6062	1	63	:	:	PUNCT
ajfa-6062	1	64	(	(	PUNCT
ajfa-6062	1	65	852	852	NUM
ajfa-6062	1	66	)	)	PUNCT
ajfa-6062	1	67	34686871	34686871	NUM
ajfa-6062	1	68	e	e	NOUN
ajfa-6062	1	69	-	-	NOUN
ajfa-6062	1	70	mail	mail	NOUN
ajfa-6062	1	71	:	:	PUNCT
ajfa-6062	1	72	jimwang@twc.edu.hk	jimwang@twc.edu.hk	PROPN
ajfa-6062	1	73	received	receive	VERB
ajfa-6062	1	74	:	:	PUNCT
ajfa-6062	1	75	august	august	PROPN
ajfa-6062	1	76	3	3	NUM
ajfa-6062	1	77	,	,	PUNCT
ajfa-6062	1	78	2014	2014	NUM
ajfa-6062	1	79	accepted	accept	VERB
ajfa-6062	1	80	:	:	PUNCT
ajfa-6062	1	81	august	august	PROPN
ajfa-6062	1	82	23	23	NUM
ajfa-6062	1	83	,	,	PUNCT
ajfa-6062	1	84	2014	2014	NUM
ajfa-6062	1	85	published	publish	VERB
ajfa-6062	1	86	:	:	PUNCT
ajfa-6062	1	87	december	december	PROPN
ajfa-6062	1	88	1	1	NUM
ajfa-6062	1	89	,	,	PUNCT
ajfa-6062	1	90	2014	2014	NUM
ajfa-6062	1	91	doi:10.5296	doi:10.5296	NOUN
ajfa-6062	1	92	/	/	SYM
ajfa-6062	1	93	ajfa.v6i2.6062	ajfa.v6i2.6062	PRON
ajfa-6062	1	94	url	url	NOUN
ajfa-6062	1	95	:	:	PUNCT
ajfa-6062	1	96	http://dx.doi.org/10.5296/ajfa.v6i2.6062	http://dx.doi.org/10.5296/ajfa.v6i2.6062	NOUN
ajfa-6062	1	97	abstract	abstract	ADJ
ajfa-6062	1	98	it	it	PRON
ajfa-6062	1	99	is	be	AUX
ajfa-6062	1	100	an	an	DET
ajfa-6062	1	101	unsettled	unsettled	ADJ
ajfa-6062	1	102	issue	issue	NOUN
ajfa-6062	1	103	of	of	ADP
ajfa-6062	1	104	whether	whether	SCONJ
ajfa-6062	1	105	stock	stock	NOUN
ajfa-6062	1	106	price	price	NOUN
ajfa-6062	1	107	synchronicity	synchronicity	NOUN
ajfa-6062	1	108	(	(	PUNCT
ajfa-6062	1	109	hereafter	hereafter	NOUN
ajfa-6062	1	110	syn	syn	NOUN
ajfa-6062	1	111	)	)	PUNCT
ajfa-6062	1	112	measures	measure	VERB
ajfa-6062	1	113	market	market	NOUN
ajfa-6062	1	114	-	-	PUNCT
ajfa-6062	1	115	wide	wide	ADJ
ajfa-6062	1	116	noise	noise	NOUN
ajfa-6062	1	117	or	or	CCONJ
ajfa-6062	1	118	market	market	NOUN
ajfa-6062	1	119	-	-	PUNCT
ajfa-6062	1	120	wide	wide	ADJ
ajfa-6062	1	121	informativeness	informativeness	NOUN
ajfa-6062	1	122	.	.	PUNCT
ajfa-6062	2	1	the	the	DET
ajfa-6062	2	2	sarbanes	sarbanes	PROPN
ajfa-6062	2	3	-	-	PUNCT
ajfa-6062	2	4	oxley	oxley	ADJ
ajfa-6062	2	5	act	act	NOUN
ajfa-6062	2	6	(	(	PUNCT
ajfa-6062	2	7	hereafter	hereafter	NOUN
ajfa-6062	2	8	sox	sox	X
ajfa-6062	2	9	)	)	PUNCT
ajfa-6062	2	10	provides	provide	VERB
ajfa-6062	2	11	an	an	DET
ajfa-6062	2	12	experimental	experimental	ADJ
ajfa-6062	2	13	setting	setting	NOUN
ajfa-6062	2	14	to	to	PART
ajfa-6062	2	15	re	re	VERB
ajfa-6062	2	16	-	-	VERB
ajfa-6062	2	17	examine	examine	VERB
ajfa-6062	2	18	the	the	DET
ajfa-6062	2	19	issue	issue	NOUN
ajfa-6062	2	20	of	of	ADP
ajfa-6062	2	21	syn	syn	PROPN
ajfa-6062	2	22	.	.	PROPN
ajfa-6062	3	1	as	as	SCONJ
ajfa-6062	3	2	internal	internal	ADJ
ajfa-6062	3	3	control	control	NOUN
ajfa-6062	3	4	reports	report	NOUN
ajfa-6062	3	5	and	and	CCONJ
ajfa-6062	3	6	assessments	assessment	NOUN
ajfa-6062	3	7	required	require	VERB
ajfa-6062	3	8	by	by	ADP
ajfa-6062	3	9	sox	sox	PROPN
ajfa-6062	3	10	are	be	AUX
ajfa-6062	3	11	available	available	ADJ
ajfa-6062	3	12	to	to	ADP
ajfa-6062	3	13	the	the	DET
ajfa-6062	3	14	stock	stock	NOUN
ajfa-6062	3	15	market	market	NOUN
ajfa-6062	3	16	in	in	ADP
ajfa-6062	3	17	annual	annual	ADJ
ajfa-6062	3	18	reports	report	NOUN
ajfa-6062	3	19	,	,	PUNCT
ajfa-6062	3	20	this	this	DET
ajfa-6062	3	21	market	market	NOUN
ajfa-6062	3	22	-	-	PUNCT
ajfa-6062	3	23	wide	wide	ADJ
ajfa-6062	3	24	financial	financial	ADJ
ajfa-6062	3	25	statement	statement	NOUN
ajfa-6062	3	26	-	-	PUNCT
ajfa-6062	3	27	related	relate	VERB
ajfa-6062	3	28	information	information	NOUN
ajfa-6062	3	29	will	will	AUX
ajfa-6062	3	30	affect	affect	VERB
ajfa-6062	3	31	auditors	auditor	NOUN
ajfa-6062	3	32	’	’	PART
ajfa-6062	3	33	risk	risk	NOUN
ajfa-6062	3	34	assessment	assessment	NOUN
ajfa-6062	3	35	and	and	CCONJ
ajfa-6062	3	36	therefore	therefore	ADV
ajfa-6062	3	37	audit	audit	VERB
ajfa-6062	3	38	work	work	NOUN
ajfa-6062	3	39	and	and	CCONJ
ajfa-6062	3	40	consequently	consequently	ADV
ajfa-6062	3	41	audit	audit	VERB
ajfa-6062	3	42	fees	fee	NOUN
ajfa-6062	3	43	as	as	ADV
ajfa-6062	3	44	well	well	ADV
ajfa-6062	3	45	.	.	PUNCT
ajfa-6062	4	1	using	use	VERB
ajfa-6062	4	2	this	this	DET
ajfa-6062	4	3	experimental	experimental	ADJ
ajfa-6062	4	4	setting	setting	NOUN
ajfa-6062	4	5	,	,	PUNCT
ajfa-6062	4	6	this	this	DET
ajfa-6062	4	7	study	study	NOUN
ajfa-6062	4	8	uses	use	VERB
ajfa-6062	4	9	an	an	DET
ajfa-6062	4	10	audit	audit	NOUN
ajfa-6062	4	11	pricing	pricing	NOUN
ajfa-6062	4	12	model	model	NOUN
ajfa-6062	4	13	to	to	PART
ajfa-6062	4	14	examine	examine	VERB
ajfa-6062	4	15	the	the	DET
ajfa-6062	4	16	relation	relation	NOUN
ajfa-6062	4	17	between	between	ADP
ajfa-6062	4	18	audit	audit	NOUN
ajfa-6062	4	19	fees	fee	NOUN
ajfa-6062	4	20	and	and	CCONJ
ajfa-6062	4	21	syn	syn	PROPN
ajfa-6062	4	22	.	.	PUNCT
ajfa-6062	5	1	using	use	VERB
ajfa-6062	5	2	a	a	DET
ajfa-6062	5	3	sample	sample	NOUN
ajfa-6062	5	4	consisting	consist	VERB
ajfa-6062	5	5	of	of	ADP
ajfa-6062	5	6	u.s	u.s	PROPN
ajfa-6062	5	7	.	.	PROPN
ajfa-6062	5	8	firms	firm	NOUN
ajfa-6062	5	9	from	from	ADP
ajfa-6062	5	10	2004	2004	NUM
ajfa-6062	5	11	to	to	ADP
ajfa-6062	5	12	2006	2006	NUM
ajfa-6062	5	13	,	,	PUNCT
ajfa-6062	5	14	the	the	DET
ajfa-6062	5	15	study	study	NOUN
ajfa-6062	5	16	documents	document	VERB
ajfa-6062	5	17	a	a	DET
ajfa-6062	5	18	significantly	significantly	ADV
ajfa-6062	5	19	positive	positive	ADJ
ajfa-6062	5	20	relation	relation	NOUN
ajfa-6062	5	21	between	between	ADP
ajfa-6062	5	22	audit	audit	NOUN
ajfa-6062	5	23	fees	fee	NOUN
ajfa-6062	5	24	and	and	CCONJ
ajfa-6062	5	25	syn	syn	NOUN
ajfa-6062	5	26	only	only	ADV
ajfa-6062	5	27	in	in	ADP
ajfa-6062	5	28	year	year	NOUN
ajfa-6062	5	29	2004	2004	NUM
ajfa-6062	5	30	,	,	PUNCT
ajfa-6062	5	31	but	but	CCONJ
ajfa-6062	5	32	insignificant	insignificant	ADJ
ajfa-6062	5	33	relations	relation	NOUN
ajfa-6062	5	34	in	in	ADP
ajfa-6062	5	35	years	year	NOUN
ajfa-6062	5	36	2005	2005	NUM
ajfa-6062	5	37	and	and	CCONJ
ajfa-6062	5	38	2006	2006	NUM
ajfa-6062	5	39	.	.	PUNCT
ajfa-6062	6	1	the	the	DET
ajfa-6062	6	2	results	result	NOUN
ajfa-6062	6	3	are	be	AUX
ajfa-6062	6	4	consistent	consistent	ADJ
ajfa-6062	6	5	with	with	ADP
ajfa-6062	6	6	syn	syn	NOUN
ajfa-6062	6	7	representing	represent	VERB
ajfa-6062	6	8	market	market	NOUN
ajfa-6062	6	9	-	-	PUNCT
ajfa-6062	6	10	wide	wide	ADJ
ajfa-6062	6	11	financial	financial	ADJ
ajfa-6062	6	12	statement	statement	NOUN
ajfa-6062	6	13	-	-	PUNCT
ajfa-6062	6	14	related	relate	VERB
ajfa-6062	6	15	information	information	NOUN
ajfa-6062	6	16	in	in	ADP
ajfa-6062	6	17	2004	2004	NUM
ajfa-6062	6	18	when	when	SCONJ
ajfa-6062	6	19	a	a	DET
ajfa-6062	6	20	regulatory	regulatory	ADJ
ajfa-6062	6	21	change	change	NOUN
ajfa-6062	6	22	in	in	ADP
ajfa-6062	6	23	financial	financial	ADJ
ajfa-6062	6	24	statements	statement	NOUN
ajfa-6062	6	25	due	due	ADP
ajfa-6062	6	26	to	to	ADP
ajfa-6062	6	27	sox	sox	NOUN
ajfa-6062	6	28	;	;	PUNCT
ajfa-6062	6	29	while	while	SCONJ
ajfa-6062	6	30	syn	syn	PROPN
ajfa-6062	6	31	representing	represent	VERB
ajfa-6062	6	32	market	market	NOUN
ajfa-6062	6	33	-	-	PUNCT
ajfa-6062	6	34	wide	wide	ADJ
ajfa-6062	6	35	noise	noise	NOUN
ajfa-6062	6	36	(	(	PUNCT
ajfa-6062	6	37	i.e.	i.e.	X
ajfa-6062	6	38	non	non	ADJ
ajfa-6062	6	39	-	-	ADJ
ajfa-6062	6	40	financial	financial	ADJ
ajfa-6062	6	41	statement	statement	NOUN
ajfa-6062	6	42	-	-	PUNCT
ajfa-6062	6	43	related	relate	VERB
ajfa-6062	6	44	information	information	NOUN
ajfa-6062	6	45	)	)	PUNCT
ajfa-6062	6	46	in	in	ADP
ajfa-6062	6	47	2005	2005	NUM
ajfa-6062	6	48	and	and	CCONJ
ajfa-6062	6	49	2006	2006	NUM
ajfa-6062	6	50	.	.	PUNCT
ajfa-6062	7	1	keywords	keyword	NOUN
ajfa-6062	7	2	:	:	PUNCT
ajfa-6062	7	3	audit	audit	NOUN
ajfa-6062	7	4	fee	fee	NOUN
ajfa-6062	7	5	,	,	PUNCT
ajfa-6062	7	6	stock	stock	NOUN
ajfa-6062	7	7	price	price	NOUN
ajfa-6062	7	8	synchronicity	synchronicity	NOUN
ajfa-6062	7	9	,	,	PUNCT
ajfa-6062	7	10	audit	audit	NOUN
ajfa-6062	7	11	pricing	pricing	NOUN
ajfa-6062	7	12	model	model	NOUN
ajfa-6062	7	13	,	,	PUNCT
ajfa-6062	7	14	r2	r2	PROPN
ajfa-6062	7	15	,	,	PUNCT
ajfa-6062	7	16	stock	stock	NOUN
ajfa-6062	7	17	price	price	NOUN
ajfa-6062	7	18	informativeness	informativeness	PROPN
ajfa-6062	7	19	jel	jel	PROPN
ajfa-6062	7	20	classification	classification	NOUN
ajfa-6062	7	21	:	:	PUNCT
ajfa-6062	7	22	m42	m42	NUM
ajfa-6062	7	23	,	,	PUNCT
ajfa-6062	7	24	g34	g34	PROPN
ajfa-6062	7	25	asian	asian	PROPN
ajfa-6062	7	26	journal	journal	PROPN
ajfa-6062	7	27	of	of	ADP
ajfa-6062	7	28	finance	finance	PROPN
ajfa-6062	7	29	&	&	CCONJ
ajfa-6062	7	30	accounting	accounting	PROPN
ajfa-6062	7	31	issn	issn	PROPN
ajfa-6062	7	32	1946	1946	NUM
ajfa-6062	7	33	-	-	PUNCT
ajfa-6062	7	34	052x	052x	PROPN
ajfa-6062	7	35	2014	2014	NUM
ajfa-6062	7	36	,	,	PUNCT
ajfa-6062	7	37	vol	vol	NOUN
ajfa-6062	7	38	.	.	PROPN
ajfa-6062	7	39	6	6	NUM
ajfa-6062	7	40	,	,	PUNCT
ajfa-6062	7	41	no	no	INTJ
ajfa-6062	7	42	.	.	NOUN
ajfa-6062	7	43	2	2	NUM
ajfa-6062	7	44	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6062	7	45	88	88	NUM
ajfa-6062	7	46	1	1	NUM
ajfa-6062	7	47	.	.	PUNCT
ajfa-6062	8	1	introduction	introduction	NOUN
ajfa-6062	8	2	financial	financial	ADJ
ajfa-6062	8	3	analysts	analyst	NOUN
ajfa-6062	8	4	and	and	CCONJ
ajfa-6062	8	5	government	government	NOUN
ajfa-6062	8	6	regulatory	regulatory	ADJ
ajfa-6062	8	7	agencies	agency	NOUN
ajfa-6062	8	8	attach	attach	VERB
ajfa-6062	8	9	great	great	ADJ
ajfa-6062	8	10	importance	importance	NOUN
ajfa-6062	8	11	to	to	ADP
ajfa-6062	8	12	stock	stock	NOUN
ajfa-6062	8	13	markets	market	NOUN
ajfa-6062	8	14	,	,	PUNCT
ajfa-6062	8	15	which	which	PRON
ajfa-6062	8	16	function	function	VERB
ajfa-6062	8	17	as	as	ADP
ajfa-6062	8	18	a	a	DET
ajfa-6062	8	19	resource	resource	NOUN
ajfa-6062	8	20	-	-	PUNCT
ajfa-6062	8	21	allocation	allocation	NOUN
ajfa-6062	8	22	mechanism	mechanism	NOUN
ajfa-6062	8	23	by	by	ADP
ajfa-6062	8	24	incorporating	incorporate	VERB
ajfa-6062	8	25	market	market	NOUN
ajfa-6062	8	26	-	-	PUNCT
ajfa-6062	8	27	wide	wide	ADJ
ajfa-6062	8	28	,	,	PUNCT
ajfa-6062	8	29	industrial	industrial	ADJ
ajfa-6062	8	30	-	-	PUNCT
ajfa-6062	8	31	wide	wide	ADJ
ajfa-6062	8	32	and	and	CCONJ
ajfa-6062	8	33	firm	firm	ADJ
ajfa-6062	8	34	-	-	PUNCT
ajfa-6062	8	35	level	level	NOUN
ajfa-6062	8	36	information	information	NOUN
ajfa-6062	8	37	into	into	ADP
ajfa-6062	8	38	stock	stock	NOUN
ajfa-6062	8	39	prices	price	NOUN
ajfa-6062	8	40	.	.	PUNCT
ajfa-6062	9	1	the	the	DET
ajfa-6062	9	2	recent	recent	ADJ
ajfa-6062	9	3	melt	melt	NOUN
ajfa-6062	9	4	-	-	PUNCT
ajfa-6062	9	5	down	down	NOUN
ajfa-6062	9	6	of	of	ADP
ajfa-6062	9	7	global	global	ADJ
ajfa-6062	9	8	financial	financial	ADJ
ajfa-6062	9	9	markets	market	NOUN
ajfa-6062	9	10	shows	show	VERB
ajfa-6062	9	11	that	that	SCONJ
ajfa-6062	9	12	stock	stock	NOUN
ajfa-6062	9	13	markets	market	NOUN
ajfa-6062	9	14	are	be	AUX
ajfa-6062	9	15	highly	highly	ADV
ajfa-6062	9	16	susceptible	susceptible	ADJ
ajfa-6062	9	17	to	to	ADP
ajfa-6062	9	18	market	market	NOUN
ajfa-6062	9	19	-	-	PUNCT
ajfa-6062	9	20	wide	wide	ADJ
ajfa-6062	9	21	news	news	NOUN
ajfa-6062	9	22	.	.	PUNCT
ajfa-6062	10	1	stock	stock	NOUN
ajfa-6062	10	2	prices	price	NOUN
ajfa-6062	10	3	go	go	VERB
ajfa-6062	10	4	up	up	ADP
ajfa-6062	10	5	(	(	PUNCT
ajfa-6062	10	6	down	down	ADP
ajfa-6062	10	7	)	)	PUNCT
ajfa-6062	10	8	when	when	SCONJ
ajfa-6062	10	9	good	good	ADJ
ajfa-6062	10	10	(	(	PUNCT
ajfa-6062	10	11	bad	bad	ADJ
ajfa-6062	10	12	)	)	PUNCT
ajfa-6062	10	13	news	news	NOUN
ajfa-6062	10	14	hits	hit	VERB
ajfa-6062	10	15	the	the	DET
ajfa-6062	10	16	market	market	NOUN
ajfa-6062	10	17	.	.	PUNCT
ajfa-6062	11	1	as	as	ADP
ajfa-6062	11	2	a	a	DET
ajfa-6062	11	3	consequence	consequence	NOUN
ajfa-6062	11	4	,	,	PUNCT
ajfa-6062	11	5	individual	individual	ADJ
ajfa-6062	11	6	stocks	stock	NOUN
ajfa-6062	11	7	move	move	VERB
ajfa-6062	11	8	synchronously	synchronously	ADV
ajfa-6062	11	9	or	or	CCONJ
ajfa-6062	11	10	un	un	VERB
ajfa-6062	11	11	-	-	ADJ
ajfa-6062	11	12	synchronously	synchronously	ADV
ajfa-6062	11	13	with	with	ADP
ajfa-6062	11	14	the	the	DET
ajfa-6062	11	15	stock	stock	NOUN
ajfa-6062	11	16	market	market	NOUN
ajfa-6062	11	17	as	as	ADP
ajfa-6062	11	18	a	a	DET
ajfa-6062	11	19	whole	whole	NOUN
ajfa-6062	11	20	.	.	PUNCT
ajfa-6062	12	1	stock	stock	NOUN
ajfa-6062	12	2	price	price	NOUN
ajfa-6062	12	3	synchronicity	synchronicity	NOUN
ajfa-6062	12	4	(	(	PUNCT
ajfa-6062	12	5	syn	syn	NOUN
ajfa-6062	12	6	)	)	PUNCT
ajfa-6062	12	7	has	have	AUX
ajfa-6062	12	8	been	be	AUX
ajfa-6062	12	9	a	a	DET
ajfa-6062	12	10	very	very	ADV
ajfa-6062	12	11	important	important	ADJ
ajfa-6062	12	12	topic	topic	NOUN
ajfa-6062	12	13	for	for	ADP
ajfa-6062	12	14	a	a	DET
ajfa-6062	12	15	number	number	NOUN
ajfa-6062	12	16	of	of	ADP
ajfa-6062	12	17	prior	prior	ADJ
ajfa-6062	12	18	studies	study	NOUN
ajfa-6062	12	19	(	(	PUNCT
ajfa-6062	12	20	e.g.	e.g.	ADV
ajfa-6062	12	21	roll	roll	NOUN
ajfa-6062	12	22	,	,	PUNCT
ajfa-6062	12	23	1988	1988	NUM
ajfa-6062	12	24	;	;	PUNCT
ajfa-6062	12	25	morck	morck	PROPN
ajfa-6062	12	26	et	et	PROPN
ajfa-6062	12	27	al	al	PROPN
ajfa-6062	12	28	.	.	PROPN
ajfa-6062	12	29	,	,	PUNCT
ajfa-6062	12	30	2000	2000	NUM
ajfa-6062	12	31	)	)	PUNCT
ajfa-6062	12	32	.	.	PUNCT
ajfa-6062	13	1	syn	syn	PROPN
ajfa-6062	13	2	is	be	AUX
ajfa-6062	13	3	measured	measure	VERB
ajfa-6062	13	4	by	by	ADP
ajfa-6062	13	5	the	the	DET
ajfa-6062	13	6	r2	r2	PROPN
ajfa-6062	13	7	of	of	ADP
ajfa-6062	13	8	the	the	DET
ajfa-6062	13	9	“	"	PUNCT
ajfa-6062	13	10	market	market	NOUN
ajfa-6062	13	11	model	model	NOUN
ajfa-6062	13	12	”	"	PUNCT
ajfa-6062	13	13	1	1	NUM
ajfa-6062	13	14	or	or	CCONJ
ajfa-6062	13	15	log	log	NOUN
ajfa-6062	13	16	-	-	PUNCT
ajfa-6062	13	17	transformed	transform	VERB
ajfa-6062	13	18	r2	r2	NOUN
ajfa-6062	13	19	,	,	PUNCT
ajfa-6062	13	20	(	(	PUNCT
ajfa-6062	13	21	i.e.	i.e.	X
ajfa-6062	13	22	log(r2/(1	log(r2/(1	X
ajfa-6062	13	23	-	-	PUNCT
ajfa-6062	13	24	r2	r2	NOUN
ajfa-6062	13	25	)	)	PUNCT
ajfa-6062	13	26	)	)	PUNCT
ajfa-6062	13	27	.	.	PUNCT
ajfa-6062	14	1	roll	roll	NOUN
ajfa-6062	14	2	(	(	PUNCT
ajfa-6062	14	3	1988	1988	NUM
ajfa-6062	14	4	)	)	PUNCT
ajfa-6062	14	5	calculated	calculate	VERB
ajfa-6062	14	6	the	the	DET
ajfa-6062	14	7	r2	r2	PROPN
ajfa-6062	14	8	(	(	PUNCT
ajfa-6062	14	9	i.e.	i.e.	X
ajfa-6062	14	10	the	the	DET
ajfa-6062	14	11	coefficient	coefficient	NOUN
ajfa-6062	14	12	of	of	ADP
ajfa-6062	14	13	determinants	determinant	NOUN
ajfa-6062	14	14	)	)	PUNCT
ajfa-6062	14	15	of	of	ADP
ajfa-6062	14	16	the	the	DET
ajfa-6062	14	17	“	"	PUNCT
ajfa-6062	14	18	market	market	NOUN
ajfa-6062	14	19	model	model	NOUN
ajfa-6062	14	20	”	"	PUNCT
ajfa-6062	14	21	and	and	CCONJ
ajfa-6062	14	22	found	find	VERB
ajfa-6062	14	23	that	that	SCONJ
ajfa-6062	14	24	the	the	DET
ajfa-6062	14	25	r2	r2	PROPN
ajfa-6062	14	26	is	be	AUX
ajfa-6062	14	27	around	around	ADP
ajfa-6062	14	28	0.35	0.35	NUM
ajfa-6062	14	29	for	for	ADP
ajfa-6062	14	30	monthly	monthly	ADJ
ajfa-6062	14	31	data	datum	NOUN
ajfa-6062	14	32	and	and	CCONJ
ajfa-6062	14	33	0.20	0.20	NUM
ajfa-6062	14	34	for	for	ADP
ajfa-6062	14	35	daily	daily	ADJ
ajfa-6062	14	36	data	datum	NOUN
ajfa-6062	14	37	using	use	VERB
ajfa-6062	14	38	the	the	DET
ajfa-6062	14	39	crsp	crsp	PROPN
ajfa-6062	14	40	u.s	u.s	PROPN
ajfa-6062	14	41	.	.	PROPN
ajfa-6062	14	42	data	datum	NOUN
ajfa-6062	14	43	from	from	ADP
ajfa-6062	14	44	1982	1982	NUM
ajfa-6062	14	45	to	to	ADP
ajfa-6062	14	46	1987	1987	NUM
ajfa-6062	14	47	.	.	PUNCT
ajfa-6062	15	1	the	the	DET
ajfa-6062	15	2	r2	r2	PROPN
ajfa-6062	15	3	should	should	AUX
ajfa-6062	15	4	be	be	AUX
ajfa-6062	15	5	close	close	ADJ
ajfa-6062	15	6	to	to	ADP
ajfa-6062	15	7	1.0	1.0	NUM
ajfa-6062	15	8	”	"	PUNCT
ajfa-6062	15	9	(	(	PUNCT
ajfa-6062	15	10	roll	roll	NOUN
ajfa-6062	15	11	,	,	PUNCT
ajfa-6062	15	12	1988	1988	NUM
ajfa-6062	15	13	;	;	PUNCT
ajfa-6062	15	14	p542	p542	PROPN
ajfa-6062	15	15	)	)	PUNCT
ajfa-6062	15	16	,	,	PUNCT
ajfa-6062	15	17	which	which	PRON
ajfa-6062	15	18	contradicts	contradict	VERB
ajfa-6062	15	19	the	the	DET
ajfa-6062	15	20	belief	belief	NOUN
ajfa-6062	15	21	that	that	SCONJ
ajfa-6062	15	22	authenticated	authenticate	VERB
ajfa-6062	15	23	information	information	NOUN
ajfa-6062	15	24	,	,	PUNCT
ajfa-6062	15	25	with	with	ADP
ajfa-6062	15	26	hindsight	hindsight	ADJ
ajfa-6062	15	27	,	,	PUNCT
ajfa-6062	15	28	could	could	AUX
ajfa-6062	15	29	explain	explain	VERB
ajfa-6062	15	30	most	most	ADJ
ajfa-6062	15	31	asset	asset	NOUN
ajfa-6062	15	32	price	price	NOUN
ajfa-6062	15	33	movements	movement	NOUN
ajfa-6062	15	34	.	.	PUNCT
ajfa-6062	16	1	roll	roll	NOUN
ajfa-6062	16	2	(	(	PUNCT
ajfa-6062	16	3	1988	1988	NUM
ajfa-6062	16	4	)	)	PUNCT
ajfa-6062	16	5	argued	argue	VERB
ajfa-6062	16	6	that	that	SCONJ
ajfa-6062	16	7	r2	r2	PROPN
ajfa-6062	16	8	“	"	PUNCT
ajfa-6062	16	9	seems	seem	VERB
ajfa-6062	16	10	to	to	PART
ajfa-6062	16	11	imply	imply	VERB
ajfa-6062	16	12	the	the	DET
ajfa-6062	16	13	existence	existence	NOUN
ajfa-6062	16	14	of	of	ADP
ajfa-6062	16	15	either	either	CCONJ
ajfa-6062	16	16	private	private	ADJ
ajfa-6062	16	17	information	information	NOUN
ajfa-6062	16	18	or	or	CCONJ
ajfa-6062	16	19	occasional	occasional	ADJ
ajfa-6062	16	20	frenzy	frenzy	NOUN
ajfa-6062	16	21	unrelated	unrelated	ADJ
ajfa-6062	16	22	to	to	ADP
ajfa-6062	16	23	concrete	concrete	ADJ
ajfa-6062	16	24	information	information	NOUN
ajfa-6062	16	25	”	"	PUNCT
ajfa-6062	16	26	.	.	PUNCT
ajfa-6062	17	1	it	it	PRON
ajfa-6062	17	2	is	be	AUX
ajfa-6062	17	3	unclear	unclear	ADJ
ajfa-6062	17	4	whether	whether	SCONJ
ajfa-6062	17	5	syn	syn	PROPN
ajfa-6062	17	6	is	be	AUX
ajfa-6062	17	7	caused	cause	VERB
ajfa-6062	17	8	by	by	ADP
ajfa-6062	17	9	the	the	DET
ajfa-6062	17	10	noise	noise	NOUN
ajfa-6062	17	11	of	of	ADP
ajfa-6062	17	12	stock	stock	NOUN
ajfa-6062	17	13	prices	price	NOUN
ajfa-6062	17	14	due	due	ADJ
ajfa-6062	17	15	to	to	ADP
ajfa-6062	17	16	market	market	NOUN
ajfa-6062	17	17	sentiments	sentiment	NOUN
ajfa-6062	17	18	or	or	CCONJ
ajfa-6062	17	19	more	more	ADJ
ajfa-6062	17	20	market	market	NOUN
ajfa-6062	17	21	-	-	PUNCT
ajfa-6062	17	22	wide	wide	ADJ
ajfa-6062	17	23	information	information	NOUN
ajfa-6062	17	24	incorporated	incorporate	VERB
ajfa-6062	17	25	into	into	ADP
ajfa-6062	17	26	stock	stock	NOUN
ajfa-6062	17	27	prices	price	NOUN
ajfa-6062	17	28	.	.	PUNCT
ajfa-6062	18	1	prior	prior	ADJ
ajfa-6062	18	2	studies	study	NOUN
ajfa-6062	18	3	show	show	VERB
ajfa-6062	18	4	mixed	mixed	ADJ
ajfa-6062	18	5	results	result	NOUN
ajfa-6062	18	6	.	.	PUNCT
ajfa-6062	19	1	for	for	ADP
ajfa-6062	19	2	example	example	NOUN
ajfa-6062	19	3	,	,	PUNCT
ajfa-6062	19	4	jin	jin	NOUN
ajfa-6062	19	5	and	and	CCONJ
ajfa-6062	19	6	myers	myers	PROPN
ajfa-6062	19	7	(	(	PUNCT
ajfa-6062	19	8	2006	2006	NUM
ajfa-6062	19	9	)	)	PUNCT
ajfa-6062	19	10	,	,	PUNCT
ajfa-6062	19	11	piotroski	piotroski	NOUN
ajfa-6062	19	12	and	and	CCONJ
ajfa-6062	19	13	roulstone	roulstone	NOUN
ajfa-6062	19	14	(	(	PUNCT
ajfa-6062	19	15	2004	2004	NUM
ajfa-6062	19	16	)	)	PUNCT
ajfa-6062	19	17	and	and	CCONJ
ajfa-6062	19	18	chan	chan	PROPN
ajfa-6062	19	19	and	and	CCONJ
ajfa-6062	19	20	hameed	hameed	PROPN
ajfa-6062	19	21	(	(	PUNCT
ajfa-6062	19	22	2006	2006	NUM
ajfa-6062	19	23	)	)	PUNCT
ajfa-6062	19	24	support	support	NOUN
ajfa-6062	19	25	that	that	PRON
ajfa-6062	19	26	syn	syn	PROPN
ajfa-6062	19	27	measures	measure	NOUN
ajfa-6062	19	28	informativeness	informativeness	ADJ
ajfa-6062	19	29	.	.	PUNCT
ajfa-6062	20	1	on	on	ADP
ajfa-6062	20	2	the	the	DET
ajfa-6062	20	3	contrary	contrary	NOUN
ajfa-6062	20	4	,	,	PUNCT
ajfa-6062	20	5	yang	yang	PROPN
ajfa-6062	20	6	and	and	CCONJ
ajfa-6062	20	7	zhang	zhang	PROPN
ajfa-6062	20	8	(	(	PUNCT
ajfa-6062	20	9	2006	2006	NUM
ajfa-6062	20	10	)	)	PUNCT
ajfa-6062	20	11	,	,	PUNCT
ajfa-6062	20	12	skaife	skaife	NOUN
ajfa-6062	20	13	et	et	PROPN
ajfa-6062	20	14	al	al	PROPN
ajfa-6062	20	15	.	.	PROPN
ajfa-6062	21	1	(	(	PUNCT
ajfa-6062	21	2	2006	2006	NUM
ajfa-6062	21	3	)	)	PUNCT
ajfa-6062	21	4	and	and	CCONJ
ajfa-6062	21	5	li	li	PROPN
ajfa-6062	21	6	et	et	PROPN
ajfa-6062	21	7	al	al	PROPN
ajfa-6062	21	8	.	.	PROPN
ajfa-6062	22	1	(	(	PUNCT
ajfa-6062	22	2	2014	2014	NUM
ajfa-6062	22	3	)	)	PUNCT
ajfa-6062	22	4	suggest	suggest	VERB
ajfa-6062	22	5	that	that	SCONJ
ajfa-6062	22	6	syn	syn	PROPN
ajfa-6062	22	7	measures	measure	NOUN
ajfa-6062	22	8	noise	noise	VERB
ajfa-6062	22	9	.	.	PUNCT
ajfa-6062	23	1	it	it	PRON
ajfa-6062	23	2	thus	thus	ADV
ajfa-6062	23	3	remains	remain	VERB
ajfa-6062	23	4	an	an	DET
ajfa-6062	23	5	unsettled	unsettled	ADJ
ajfa-6062	23	6	issue	issue	NOUN
ajfa-6062	23	7	whether	whether	SCONJ
ajfa-6062	23	8	syn	syn	PROPN
ajfa-6062	23	9	measures	measure	NOUN
ajfa-6062	23	10	noise	noise	NOUN
ajfa-6062	23	11	or	or	CCONJ
ajfa-6062	23	12	informativeness	informativeness	NOUN
ajfa-6062	23	13	.	.	PUNCT
ajfa-6062	24	1	this	this	DET
ajfa-6062	24	2	study	study	NOUN
ajfa-6062	24	3	re	re	VERB
ajfa-6062	24	4	-	-	VERB
ajfa-6062	24	5	examine	examine	VERB
ajfa-6062	24	6	the	the	DET
ajfa-6062	24	7	syn	syn	NOUN
ajfa-6062	24	8	issue	issue	NOUN
ajfa-6062	24	9	.	.	PUNCT
ajfa-6062	25	1	it	it	PRON
ajfa-6062	25	2	differs	differ	VERB
ajfa-6062	25	3	from	from	ADP
ajfa-6062	25	4	prior	prior	ADJ
ajfa-6062	25	5	research	research	NOUN
ajfa-6062	25	6	on	on	ADP
ajfa-6062	25	7	two	two	NUM
ajfa-6062	25	8	grounds	ground	NOUN
ajfa-6062	25	9	.	.	PUNCT
ajfa-6062	26	1	first	first	ADV
ajfa-6062	26	2	,	,	PUNCT
ajfa-6062	26	3	this	this	DET
ajfa-6062	26	4	research	research	NOUN
ajfa-6062	26	5	uses	use	VERB
ajfa-6062	26	6	an	an	DET
ajfa-6062	26	7	audit	audit	NOUN
ajfa-6062	26	8	pricing	pricing	NOUN
ajfa-6062	26	9	model	model	NOUN
ajfa-6062	26	10	.	.	PUNCT
ajfa-6062	27	1	auditors	auditor	NOUN
ajfa-6062	27	2	are	be	AUX
ajfa-6062	27	3	required	require	VERB
ajfa-6062	27	4	to	to	PART
ajfa-6062	27	5	respond	respond	VERB
ajfa-6062	27	6	to	to	ADP
ajfa-6062	27	7	information	information	NOUN
ajfa-6062	27	8	affecting	affect	VERB
ajfa-6062	27	9	material	material	NOUN
ajfa-6062	27	10	misstatements	misstatement	NOUN
ajfa-6062	27	11	of	of	ADP
ajfa-6062	27	12	financial	financial	ADJ
ajfa-6062	27	13	statements	statement	NOUN
ajfa-6062	27	14	by	by	ADP
ajfa-6062	27	15	revising	revise	VERB
ajfa-6062	27	16	risk	risk	NOUN
ajfa-6062	27	17	assessment	assessment	NOUN
ajfa-6062	27	18	and	and	CCONJ
ajfa-6062	27	19	audit	audit	NOUN
ajfa-6062	27	20	procedures	procedure	NOUN
ajfa-6062	27	21	.	.	PUNCT
ajfa-6062	28	1	thus	thus	ADV
ajfa-6062	28	2	,	,	PUNCT
ajfa-6062	28	3	the	the	DET
ajfa-6062	28	4	audit	audit	NOUN
ajfa-6062	28	5	pricing	pricing	NOUN
ajfa-6062	28	6	model	model	NOUN
ajfa-6062	28	7	can	can	AUX
ajfa-6062	28	8	be	be	AUX
ajfa-6062	28	9	used	use	VERB
ajfa-6062	28	10	to	to	PART
ajfa-6062	28	11	test	test	VERB
ajfa-6062	28	12	whether	whether	SCONJ
ajfa-6062	28	13	syn	syn	PROPN
ajfa-6062	28	14	measures	measure	VERB
ajfa-6062	28	15	financial	financial	ADJ
ajfa-6062	28	16	statement	statement	NOUN
ajfa-6062	28	17	-	-	PUNCT
ajfa-6062	28	18	related	relate	VERB
ajfa-6062	28	19	information	information	NOUN
ajfa-6062	28	20	or	or	CCONJ
ajfa-6062	28	21	noise	noise	NOUN
ajfa-6062	28	22	(	(	PUNCT
ajfa-6062	28	23	i.e.	i.e.	X
ajfa-6062	28	24	non	non	ADJ
ajfa-6062	28	25	-	-	ADJ
ajfa-6062	28	26	financial	financial	ADJ
ajfa-6062	28	27	statement	statement	NOUN
ajfa-6062	28	28	-	-	PUNCT
ajfa-6062	28	29	related	relate	VERB
ajfa-6062	28	30	)	)	PUNCT
ajfa-6062	28	31	.	.	PUNCT
ajfa-6062	29	1	second	second	ADJ
ajfa-6062	29	2	,	,	PUNCT
ajfa-6062	29	3	this	this	DET
ajfa-6062	29	4	research	research	NOUN
ajfa-6062	29	5	uses	use	VERB
ajfa-6062	29	6	a	a	DET
ajfa-6062	29	7	post	post	ADJ
ajfa-6062	29	8	-	-	ADJ
ajfa-6062	29	9	sox	sox	ADJ
ajfa-6062	29	10	sample	sample	NOUN
ajfa-6062	29	11	.	.	PUNCT
ajfa-6062	30	1	sox	sox	PROPN
ajfa-6062	30	2	provides	provide	VERB
ajfa-6062	30	3	an	an	DET
ajfa-6062	30	4	experimental	experimental	ADJ
ajfa-6062	30	5	setting	setting	NOUN
ajfa-6062	30	6	of	of	ADP
ajfa-6062	30	7	regulatory	regulatory	ADJ
ajfa-6062	30	8	changes	change	NOUN
ajfa-6062	30	9	regarding	regard	VERB
ajfa-6062	30	10	disclosure	disclosure	NOUN
ajfa-6062	30	11	of	of	ADP
ajfa-6062	30	12	internal	internal	ADJ
ajfa-6062	30	13	control	control	NOUN
ajfa-6062	30	14	reports	report	NOUN
ajfa-6062	30	15	and	and	CCONJ
ajfa-6062	30	16	assessment	assessment	NOUN
ajfa-6062	30	17	in	in	ADP
ajfa-6062	30	18	annual	annual	ADJ
ajfa-6062	30	19	reports	report	NOUN
ajfa-6062	30	20	.	.	PUNCT
ajfa-6062	31	1	as	as	SCONJ
ajfa-6062	31	2	internal	internal	ADJ
ajfa-6062	31	3	control	control	NOUN
ajfa-6062	31	4	information	information	NOUN
ajfa-6062	31	5	is	be	AUX
ajfa-6062	31	6	available	available	ADJ
ajfa-6062	31	7	for	for	ADP
ajfa-6062	31	8	the	the	DET
ajfa-6062	31	9	first	first	ADJ
ajfa-6062	31	10	time	time	NOUN
ajfa-6062	31	11	in	in	ADP
ajfa-6062	31	12	the	the	DET
ajfa-6062	31	13	post	post	ADJ
ajfa-6062	31	14	-	-	ADJ
ajfa-6062	31	15	sox	sox	ADJ
ajfa-6062	31	16	period	period	NOUN
ajfa-6062	31	17	,	,	PUNCT
ajfa-6062	31	18	syn	syn	PROPN
ajfa-6062	31	19	is	be	AUX
ajfa-6062	31	20	more	more	ADV
ajfa-6062	31	21	likely	likely	ADJ
ajfa-6062	31	22	to	to	PART
ajfa-6062	31	23	capture	capture	VERB
ajfa-6062	31	24	market	market	NOUN
ajfa-6062	31	25	-	-	PUNCT
ajfa-6062	31	26	wide	wide	ADJ
ajfa-6062	31	27	information	information	NOUN
ajfa-6062	31	28	.	.	PUNCT
ajfa-6062	32	1	this	this	DET
ajfa-6062	32	2	sample	sample	NOUN
ajfa-6062	32	3	helps	help	VERB
ajfa-6062	32	4	to	to	PART
ajfa-6062	32	5	find	find	VERB
ajfa-6062	32	6	the	the	DET
ajfa-6062	32	7	significant	significant	ADJ
ajfa-6062	32	8	relation	relation	NOUN
ajfa-6062	32	9	between	between	ADP
ajfa-6062	32	10	audit	audit	NOUN
ajfa-6062	32	11	fees	fee	NOUN
ajfa-6062	32	12	and	and	CCONJ
ajfa-6062	32	13	syn	syn	PROPN
ajfa-6062	32	14	.	.	PUNCT
ajfa-6062	33	1	the	the	DET
ajfa-6062	33	2	next	next	ADJ
ajfa-6062	33	3	section	section	NOUN
ajfa-6062	33	4	reviews	review	VERB
ajfa-6062	33	5	the	the	DET
ajfa-6062	33	6	literature	literature	NOUN
ajfa-6062	33	7	and	and	CCONJ
ajfa-6062	33	8	describes	describe	VERB
ajfa-6062	33	9	the	the	DET
ajfa-6062	33	10	background	background	NOUN
ajfa-6062	33	11	of	of	ADP
ajfa-6062	33	12	sox	sox	PROPN
ajfa-6062	33	13	.	.	PUNCT
ajfa-6062	33	14	section	section	NOUN
ajfa-6062	33	15	three	three	NUM
ajfa-6062	33	16	develops	develop	VERB
ajfa-6062	33	17	testable	testable	ADJ
ajfa-6062	33	18	hypotheses	hypothesis	NOUN
ajfa-6062	33	19	.	.	PUNCT
ajfa-6062	34	1	section	section	NOUN
ajfa-6062	34	2	four	four	NUM
ajfa-6062	34	3	presents	present	NOUN
ajfa-6062	34	4	methodology	methodology	NOUN
ajfa-6062	34	5	used	use	VERB
ajfa-6062	34	6	in	in	ADP
ajfa-6062	34	7	empirical	empirical	ADJ
ajfa-6062	34	8	tests	test	NOUN
ajfa-6062	34	9	.	.	PUNCT
ajfa-6062	35	1	section	section	NOUN
ajfa-6062	35	2	five	five	NUM
ajfa-6062	35	3	describes	describe	VERB
ajfa-6062	35	4	the	the	DET
ajfa-6062	35	5	sample	sample	NOUN
ajfa-6062	35	6	and	and	CCONJ
ajfa-6062	35	7	provides	provide	VERB
ajfa-6062	35	8	empirical	empirical	ADJ
ajfa-6062	35	9	results	result	NOUN
ajfa-6062	35	10	.	.	PUNCT
ajfa-6062	36	1	the	the	DET
ajfa-6062	36	2	final	final	ADJ
ajfa-6062	36	3	section	section	NOUN
ajfa-6062	36	4	concludes	conclude	VERB
ajfa-6062	36	5	.	.	PUNCT
ajfa-6062	37	1	2	2	X
ajfa-6062	37	2	.	.	X
ajfa-6062	37	3	literature	literature	NOUN
ajfa-6062	37	4	review	review	PROPN
ajfa-6062	37	5	and	and	CCONJ
ajfa-6062	37	6	sarbanesoxley	sarbanesoxley	PROPN
ajfa-6062	37	7	act	act	PROPN
ajfa-6062	37	8	background	background	NOUN
ajfa-6062	37	9	2.1	2.1	NUM
ajfa-6062	37	10	literature	literature	NOUN
ajfa-6062	37	11	review	review	NOUN
ajfa-6062	37	12	prior	prior	ADJ
ajfa-6062	37	13	studies	study	NOUN
ajfa-6062	37	14	show	show	VERB
ajfa-6062	37	15	mixed	mixed	ADJ
ajfa-6062	37	16	results	result	NOUN
ajfa-6062	37	17	on	on	ADP
ajfa-6062	37	18	whether	whether	SCONJ
ajfa-6062	37	19	syn	syn	PROPN
ajfa-6062	37	20	measures	measure	NOUN
ajfa-6062	37	21	informativeness	informativeness	NOUN
ajfa-6062	37	22	or	or	CCONJ
ajfa-6062	37	23	noise	noise	NOUN
ajfa-6062	37	24	.	.	PUNCT
ajfa-6062	38	1	1	1	NUM
ajfa-6062	38	2	roll	roll	NOUN
ajfa-6062	38	3	(	(	PUNCT
ajfa-6062	38	4	1988	1988	NUM
ajfa-6062	38	5	)	)	PUNCT
ajfa-6062	38	6	uses	use	VERB
ajfa-6062	38	7	two	two	NUM
ajfa-6062	38	8	versions	version	NOUN
ajfa-6062	38	9	of	of	ADP
ajfa-6062	38	10	market	market	NOUN
ajfa-6062	38	11	model	model	NOUN
ajfa-6062	38	12	.	.	PUNCT
ajfa-6062	39	1	one	one	NUM
ajfa-6062	39	2	is	be	AUX
ajfa-6062	39	3	the	the	DET
ajfa-6062	39	4	single	single	ADJ
ajfa-6062	39	5	factor	factor	NOUN
ajfa-6062	39	6	model	model	NOUN
ajfa-6062	39	7	based	base	VERB
ajfa-6062	39	8	on	on	ADP
ajfa-6062	39	9	capm	capm	PROPN
ajfa-6062	39	10	.	.	PUNCT
ajfa-6062	40	1	the	the	DET
ajfa-6062	40	2	other	other	ADJ
ajfa-6062	40	3	is	be	AUX
ajfa-6062	40	4	the	the	DET
ajfa-6062	40	5	multiple	multiple	ADJ
ajfa-6062	40	6	factors	factor	NOUN
ajfa-6062	40	7	model	model	NOUN
ajfa-6062	40	8	based	base	VERB
ajfa-6062	40	9	on	on	ADP
ajfa-6062	40	10	apt	apt	PROPN
ajfa-6062	40	11	.	.	PROPN
ajfa-6062	40	12	asian	asian	ADJ
ajfa-6062	40	13	journal	journal	PROPN
ajfa-6062	40	14	of	of	ADP
ajfa-6062	40	15	finance	finance	PROPN
ajfa-6062	40	16	&	&	CCONJ
ajfa-6062	40	17	accounting	accounting	PROPN
ajfa-6062	40	18	issn	issn	PROPN
ajfa-6062	40	19	1946	1946	NUM
ajfa-6062	40	20	-	-	PUNCT
ajfa-6062	40	21	052x	052x	PROPN
ajfa-6062	40	22	2014	2014	NUM
ajfa-6062	40	23	,	,	PUNCT
ajfa-6062	40	24	vol	vol	NOUN
ajfa-6062	40	25	.	.	PROPN
ajfa-6062	40	26	6	6	NUM
ajfa-6062	40	27	,	,	PUNCT
ajfa-6062	40	28	no	no	INTJ
ajfa-6062	40	29	.	.	NOUN
ajfa-6062	40	30	2	2	NUM
ajfa-6062	40	31	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6062	40	32	89	89	NUM
ajfa-6062	40	33	morck	morck	PROPN
ajfa-6062	40	34	et	et	PROPN
ajfa-6062	40	35	al	al	PROPN
ajfa-6062	40	36	.	.	PUNCT
ajfa-6062	41	1	(	(	PUNCT
ajfa-6062	41	2	2000	2000	NUM
ajfa-6062	41	3	)	)	PUNCT
ajfa-6062	41	4	argued	argue	VERB
ajfa-6062	41	5	that	that	SCONJ
ajfa-6062	41	6	syn	syn	PROPN
ajfa-6062	41	7	measures	measure	NOUN
ajfa-6062	41	8	returns	return	NOUN
ajfa-6062	41	9	reflecting	reflect	VERB
ajfa-6062	41	10	more	more	ADJ
ajfa-6062	41	11	market	market	NOUN
ajfa-6062	41	12	-	-	PUNCT
ajfa-6062	41	13	wide	wide	ADJ
ajfa-6062	41	14	information	information	NOUN
ajfa-6062	41	15	.	.	PUNCT
ajfa-6062	42	1	moreover	moreover	ADV
ajfa-6062	42	2	,	,	PUNCT
ajfa-6062	42	3	jin	jin	NOUN
ajfa-6062	42	4	and	and	CCONJ
ajfa-6062	42	5	myers	myers	PROPN
ajfa-6062	42	6	(	(	PUNCT
ajfa-6062	42	7	2006	2006	NUM
ajfa-6062	42	8	)	)	PUNCT
ajfa-6062	42	9	,	,	PUNCT
ajfa-6062	42	10	piotroski	piotroski	NOUN
ajfa-6062	42	11	and	and	CCONJ
ajfa-6062	42	12	roulstone	roulstone	NOUN
ajfa-6062	42	13	(	(	PUNCT
ajfa-6062	42	14	2004	2004	NUM
ajfa-6062	42	15	)	)	PUNCT
ajfa-6062	42	16	and	and	CCONJ
ajfa-6062	42	17	chan	chan	PROPN
ajfa-6062	42	18	and	and	CCONJ
ajfa-6062	42	19	hameed	hameed	PROPN
ajfa-6062	42	20	(	(	PUNCT
ajfa-6062	42	21	2006	2006	NUM
ajfa-6062	42	22	)	)	PUNCT
ajfa-6062	42	23	argued	argue	VERB
ajfa-6062	42	24	that	that	SCONJ
ajfa-6062	42	25	syn	syn	PROPN
ajfa-6062	42	26	measures	measure	NOUN
ajfa-6062	42	27	informativeness	informativeness	ADJ
ajfa-6062	42	28	.	.	PUNCT
ajfa-6062	43	1	jin	jin	NOUN
ajfa-6062	43	2	and	and	CCONJ
ajfa-6062	43	3	myers	myers	PROPN
ajfa-6062	43	4	(	(	PUNCT
ajfa-6062	43	5	2006	2006	NUM
ajfa-6062	43	6	)	)	PUNCT
ajfa-6062	43	7	documented	document	VERB
ajfa-6062	43	8	a	a	DET
ajfa-6062	43	9	positive	positive	ADJ
ajfa-6062	43	10	association	association	NOUN
ajfa-6062	43	11	between	between	ADP
ajfa-6062	43	12	syn	syn	PROPN
ajfa-6062	43	13	and	and	CCONJ
ajfa-6062	43	14	opaqueness	opaqueness	PROPN
ajfa-6062	43	15	,	,	PUNCT
ajfa-6062	43	16	which	which	PRON
ajfa-6062	43	17	is	be	AUX
ajfa-6062	43	18	in	in	ADP
ajfa-6062	43	19	line	line	NOUN
ajfa-6062	43	20	with	with	ADP
ajfa-6062	43	21	the	the	DET
ajfa-6062	43	22	theory	theory	NOUN
ajfa-6062	43	23	that	that	SCONJ
ajfa-6062	43	24	opaqueness	opaqueness	PROPN
ajfa-6062	43	25	increases	increase	VERB
ajfa-6062	43	26	the	the	DET
ajfa-6062	43	27	ratio	ratio	NOUN
ajfa-6062	43	28	of	of	ADP
ajfa-6062	43	29	market	market	NOUN
ajfa-6062	43	30	to	to	PART
ajfa-6062	43	31	total	total	ADJ
ajfa-6062	43	32	risk	risk	NOUN
ajfa-6062	43	33	for	for	ADP
ajfa-6062	43	34	investors	investor	NOUN
ajfa-6062	43	35	and	and	CCONJ
ajfa-6062	43	36	results	result	NOUN
ajfa-6062	43	37	in	in	ADP
ajfa-6062	43	38	a	a	DET
ajfa-6062	43	39	high	high	ADJ
ajfa-6062	43	40	level	level	NOUN
ajfa-6062	43	41	of	of	ADP
ajfa-6062	43	42	syn	syn	PROPN
ajfa-6062	43	43	.	.	PROPN
ajfa-6062	43	44	piotroski	piotroski	PROPN
ajfa-6062	43	45	and	and	CCONJ
ajfa-6062	43	46	roulstone	roulstone	NOUN
ajfa-6062	43	47	(	(	PUNCT
ajfa-6062	43	48	2004	2004	NUM
ajfa-6062	43	49	)	)	PUNCT
ajfa-6062	43	50	found	find	VERB
ajfa-6062	43	51	a	a	DET
ajfa-6062	43	52	positive	positive	ADJ
ajfa-6062	43	53	association	association	NOUN
ajfa-6062	43	54	between	between	ADP
ajfa-6062	43	55	syn	syn	PROPN
ajfa-6062	43	56	and	and	CCONJ
ajfa-6062	43	57	analyst	analyst	NOUN
ajfa-6062	43	58	forecast	forecast	NOUN
ajfa-6062	43	59	revisions	revision	NOUN
ajfa-6062	43	60	.	.	PUNCT
ajfa-6062	44	1	similarly	similarly	ADV
ajfa-6062	44	2	,	,	PUNCT
ajfa-6062	44	3	chan	chan	PROPN
ajfa-6062	44	4	and	and	CCONJ
ajfa-6062	44	5	hameed	hameed	PROPN
ajfa-6062	44	6	(	(	PUNCT
ajfa-6062	44	7	2006	2006	NUM
ajfa-6062	44	8	)	)	PUNCT
ajfa-6062	44	9	reported	report	VERB
ajfa-6062	44	10	a	a	DET
ajfa-6062	44	11	positive	positive	ADJ
ajfa-6062	44	12	association	association	NOUN
ajfa-6062	44	13	between	between	ADP
ajfa-6062	44	14	syn	syn	PROPN
ajfa-6062	44	15	and	and	CCONJ
ajfa-6062	44	16	analyst	analyst	NOUN
ajfa-6062	44	17	following	following	NOUN
ajfa-6062	44	18	,	,	PUNCT
ajfa-6062	44	19	which	which	PRON
ajfa-6062	44	20	is	be	AUX
ajfa-6062	44	21	consistent	consistent	ADJ
ajfa-6062	44	22	with	with	ADP
ajfa-6062	44	23	the	the	DET
ajfa-6062	44	24	theory	theory	NOUN
ajfa-6062	44	25	that	that	SCONJ
ajfa-6062	44	26	analyst	analyst	NOUN
ajfa-6062	44	27	following	follow	VERB
ajfa-6062	44	28	incorporates	incorporate	VERB
ajfa-6062	44	29	market	market	NOUN
ajfa-6062	44	30	-	-	PUNCT
ajfa-6062	44	31	wide	wide	ADV
ajfa-6062	44	32	/	/	SYM
ajfa-6062	44	33	industry	industry	NOUN
ajfa-6062	44	34	-	-	PUNCT
ajfa-6062	44	35	wide	wide	ADJ
ajfa-6062	44	36	information	information	NOUN
ajfa-6062	44	37	into	into	ADP
ajfa-6062	44	38	stock	stock	NOUN
ajfa-6062	44	39	prices	price	NOUN
ajfa-6062	44	40	.	.	PUNCT
ajfa-6062	45	1	in	in	ADP
ajfa-6062	45	2	addition	addition	NOUN
ajfa-6062	45	3	,	,	PUNCT
ajfa-6062	45	4	xing	xing	PROPN
ajfa-6062	45	5	and	and	CCONJ
ajfa-6062	45	6	anderson	anderson	PROPN
ajfa-6062	45	7	(	(	PUNCT
ajfa-6062	45	8	2011	2011	NUM
ajfa-6062	45	9	)	)	PUNCT
ajfa-6062	45	10	argued	argue	VERB
ajfa-6062	45	11	that	that	SCONJ
ajfa-6062	45	12	syn	syn	PROPN
ajfa-6062	45	13	represents	represent	VERB
ajfa-6062	45	14	public	public	ADJ
ajfa-6062	45	15	information	information	NOUN
ajfa-6062	45	16	by	by	ADP
ajfa-6062	45	17	documenting	document	VERB
ajfa-6062	45	18	an	an	DET
ajfa-6062	45	19	inversely	inversely	ADV
ajfa-6062	45	20	u	u	ADJ
ajfa-6062	45	21	-	-	ADJ
ajfa-6062	45	22	shaped	shape	VERB
ajfa-6062	45	23	relation	relation	NOUN
ajfa-6062	45	24	between	between	ADP
ajfa-6062	45	25	syn	syn	NOUN
ajfa-6062	45	26	and	and	CCONJ
ajfa-6062	45	27	proxies	proxy	NOUN
ajfa-6062	45	28	of	of	ADP
ajfa-6062	45	29	firm	firm	ADJ
ajfa-6062	45	30	-	-	PUNCT
ajfa-6062	45	31	specific	specific	ADJ
ajfa-6062	45	32	public	public	ADJ
ajfa-6062	45	33	information	information	NOUN
ajfa-6062	45	34	.	.	PUNCT
ajfa-6062	46	1	in	in	ADP
ajfa-6062	46	2	contrast	contrast	NOUN
ajfa-6062	46	3	,	,	PUNCT
ajfa-6062	46	4	yang	yang	PROPN
ajfa-6062	46	5	and	and	CCONJ
ajfa-6062	46	6	zhang	zhang	PROPN
ajfa-6062	46	7	(	(	PUNCT
ajfa-6062	46	8	2006	2006	NUM
ajfa-6062	46	9	)	)	PUNCT
ajfa-6062	46	10	,	,	PUNCT
ajfa-6062	46	11	skaife	skaife	NOUN
ajfa-6062	46	12	et	et	PROPN
ajfa-6062	46	13	al	al	PROPN
ajfa-6062	46	14	.	.	PROPN
ajfa-6062	46	15	(	(	PUNCT
ajfa-6062	46	16	2006	2006	NUM
ajfa-6062	46	17	)	)	PUNCT
ajfa-6062	46	18	and	and	CCONJ
ajfa-6062	46	19	li	li	PROPN
ajfa-6062	46	20	et	et	PROPN
ajfa-6062	46	21	al	al	PROPN
ajfa-6062	46	22	.	.	PROPN
ajfa-6062	47	1	(	(	PUNCT
ajfa-6062	47	2	2014	2014	NUM
ajfa-6062	47	3	)	)	PUNCT
ajfa-6062	47	4	argued	argue	VERB
ajfa-6062	47	5	that	that	SCONJ
ajfa-6062	47	6	syn	syn	PROPN
ajfa-6062	47	7	measures	measure	NOUN
ajfa-6062	47	8	noise	noise	VERB
ajfa-6062	47	9	.	.	PUNCT
ajfa-6062	48	1	yang	yang	PROPN
ajfa-6062	48	2	and	and	CCONJ
ajfa-6062	48	3	zhang	zhang	PROPN
ajfa-6062	48	4	(	(	PUNCT
ajfa-6062	48	5	2006	2006	NUM
ajfa-6062	48	6	)	)	PUNCT
ajfa-6062	48	7	tested	test	VERB
ajfa-6062	48	8	the	the	DET
ajfa-6062	48	9	relation	relation	NOUN
ajfa-6062	48	10	between	between	ADP
ajfa-6062	48	11	syn	syn	PROPN
ajfa-6062	48	12	and	and	CCONJ
ajfa-6062	48	13	post	post	ADJ
ajfa-6062	48	14	-	-	ADJ
ajfa-6062	48	15	earnings	earning	NOUN
ajfa-6062	48	16	-	-	PUNCT
ajfa-6062	48	17	announcement	announcement	NOUN
ajfa-6062	48	18	drift	drift	NOUN
ajfa-6062	48	19	,	,	PUNCT
ajfa-6062	48	20	v	v	NOUN
ajfa-6062	48	21	/	/	SYM
ajfa-6062	48	22	p	p	NOUN
ajfa-6062	48	23	anomalies	anomaly	NOUN
ajfa-6062	48	24	and	and	CCONJ
ajfa-6062	48	25	earnings	earning	NOUN
ajfa-6062	48	26	response	response	NOUN
ajfa-6062	48	27	coefficient	coefficient	NOUN
ajfa-6062	48	28	,	,	PUNCT
ajfa-6062	48	29	and	and	CCONJ
ajfa-6062	48	30	their	their	PRON
ajfa-6062	48	31	results	result	NOUN
ajfa-6062	48	32	support	support	VERB
ajfa-6062	48	33	the	the	DET
ajfa-6062	48	34	noise	noise	NOUN
ajfa-6062	48	35	interpretation	interpretation	NOUN
ajfa-6062	48	36	of	of	ADP
ajfa-6062	48	37	syn	syn	PROPN
ajfa-6062	48	38	.	.	PROPN
ajfa-6062	48	39	skaife	skaife	PROPN
ajfa-6062	48	40	et	et	PROPN
ajfa-6062	48	41	al	al	PROPN
ajfa-6062	48	42	.	.	PROPN
ajfa-6062	49	1	(	(	PUNCT
ajfa-6062	49	2	2006	2006	NUM
ajfa-6062	49	3	)	)	PUNCT
ajfa-6062	49	4	examined	examine	VERB
ajfa-6062	49	5	the	the	DET
ajfa-6062	49	6	association	association	NOUN
ajfa-6062	49	7	between	between	ADP
ajfa-6062	49	8	syn	syn	PROPN
ajfa-6062	49	9	and	and	CCONJ
ajfa-6062	49	10	informativeness	informativeness	ADJ
ajfa-6062	49	11	proxies	proxy	NOUN
ajfa-6062	49	12	from	from	ADP
ajfa-6062	49	13	the	the	DET
ajfa-6062	49	14	following	follow	VERB
ajfa-6062	49	15	four	four	NUM
ajfa-6062	49	16	aspects	aspect	NOUN
ajfa-6062	49	17	:	:	PUNCT
ajfa-6062	49	18	1	1	NUM
ajfa-6062	49	19	)	)	PUNCT
ajfa-6062	49	20	stock	stock	NOUN
ajfa-6062	49	21	pricing	pricing	NOUN
ajfa-6062	49	22	of	of	ADP
ajfa-6062	49	23	future	future	ADJ
ajfa-6062	49	24	earnings	earning	NOUN
ajfa-6062	49	25	information	information	NOUN
ajfa-6062	49	26	,	,	PUNCT
ajfa-6062	49	27	2	2	X
ajfa-6062	49	28	)	)	PUNCT
ajfa-6062	49	29	analyst	analyst	NOUN
ajfa-6062	49	30	forecast	forecast	NOUN
ajfa-6062	49	31	errors	error	NOUN
ajfa-6062	49	32	,	,	PUNCT
ajfa-6062	49	33	3	3	X
ajfa-6062	49	34	)	)	PUNCT
ajfa-6062	49	35	cross	cross	NOUN
ajfa-6062	49	36	-	-	ADJ
ajfa-6062	49	37	listing	list	VERB
ajfa-6062	49	38	in	in	ADP
ajfa-6062	49	39	the	the	DET
ajfa-6062	49	40	u.s	u.s	PROPN
ajfa-6062	49	41	.	.	PROPN
ajfa-6062	49	42	and	and	CCONJ
ajfa-6062	49	43	4	4	X
ajfa-6062	49	44	)	)	PUNCT
ajfa-6062	49	45	firm	firm	ADJ
ajfa-6062	49	46	fundamentals	fundamental	NOUN
ajfa-6062	49	47	.	.	PUNCT
ajfa-6062	50	1	however	however	ADV
ajfa-6062	50	2	,	,	PUNCT
ajfa-6062	50	3	they	they	PRON
ajfa-6062	50	4	found	find	VERB
ajfa-6062	50	5	little	little	ADJ
ajfa-6062	50	6	evidence	evidence	NOUN
ajfa-6062	50	7	of	of	ADP
ajfa-6062	50	8	syn	syn	NOUN
ajfa-6062	50	9	measuring	measure	VERB
ajfa-6062	50	10	informativeness	informativeness	NOUN
ajfa-6062	50	11	.	.	PUNCT
ajfa-6062	51	1	li	li	PROPN
ajfa-6062	51	2	et	et	PROPN
ajfa-6062	51	3	al	al	PROPN
ajfa-6062	51	4	.	.	PROPN
ajfa-6062	52	1	(	(	PUNCT
ajfa-6062	52	2	2014	2014	NUM
ajfa-6062	52	3	)	)	PUNCT
ajfa-6062	52	4	found	find	VERB
ajfa-6062	52	5	that	that	SCONJ
ajfa-6062	52	6	syn	syn	PROPN
ajfa-6062	52	7	resembles	resemble	VERB
ajfa-6062	52	8	noise	noise	NOUN
ajfa-6062	52	9	.	.	PUNCT
ajfa-6062	53	1	with	with	ADP
ajfa-6062	53	2	all	all	DET
ajfa-6062	53	3	the	the	DET
ajfa-6062	53	4	conflicting	conflict	VERB
ajfa-6062	53	5	findings	finding	NOUN
ajfa-6062	53	6	mentioned	mention	VERB
ajfa-6062	53	7	above	above	ADV
ajfa-6062	53	8	,	,	PUNCT
ajfa-6062	53	9	whether	whether	SCONJ
ajfa-6062	53	10	syn	syn	NOUN
ajfa-6062	53	11	measures	measure	NOUN
ajfa-6062	53	12	informativeness	informativeness	ADJ
ajfa-6062	53	13	or	or	CCONJ
ajfa-6062	53	14	noise	noise	NOUN
ajfa-6062	53	15	thus	thus	ADV
ajfa-6062	53	16	remains	remain	VERB
ajfa-6062	53	17	an	an	DET
ajfa-6062	53	18	unsettled	unsettled	ADJ
ajfa-6062	53	19	issue	issue	NOUN
ajfa-6062	53	20	.	.	PUNCT
ajfa-6062	54	1	to	to	PART
ajfa-6062	54	2	add	add	VERB
ajfa-6062	54	3	new	new	ADJ
ajfa-6062	54	4	insights	insight	NOUN
ajfa-6062	54	5	on	on	ADP
ajfa-6062	54	6	the	the	DET
ajfa-6062	54	7	issue	issue	NOUN
ajfa-6062	54	8	,	,	PUNCT
ajfa-6062	54	9	this	this	DET
ajfa-6062	54	10	study	study	NOUN
ajfa-6062	54	11	draws	draw	VERB
ajfa-6062	54	12	on	on	ADP
ajfa-6062	54	13	audit	audit	NOUN
ajfa-6062	54	14	pricing	pricing	NOUN
ajfa-6062	54	15	literature	literature	NOUN
ajfa-6062	54	16	,	,	PUNCT
ajfa-6062	54	17	which	which	PRON
ajfa-6062	54	18	use	use	VERB
ajfa-6062	54	19	audit	audit	NOUN
ajfa-6062	54	20	pricing	pricing	NOUN
ajfa-6062	54	21	model	model	NOUN
ajfa-6062	54	22	as	as	ADP
ajfa-6062	54	23	a	a	DET
ajfa-6062	54	24	research	research	NOUN
ajfa-6062	54	25	method	method	NOUN
ajfa-6062	54	26	to	to	PART
ajfa-6062	54	27	investigate	investigate	VERB
ajfa-6062	54	28	various	various	ADJ
ajfa-6062	54	29	issues	issue	NOUN
ajfa-6062	54	30	(	(	PUNCT
ajfa-6062	54	31	e.g.	e.g.	ADV
ajfa-6062	54	32	frankel	frankel	PROPN
ajfa-6062	54	33	et	et	PROPN
ajfa-6062	54	34	al	al	PROPN
ajfa-6062	54	35	.	.	PROPN
ajfa-6062	54	36	2002	2002	NUM
ajfa-6062	54	37	;	;	PUNCT
ajfa-6062	54	38	asbaugh	asbaugh	NOUN
ajfa-6062	54	39	et	et	PROPN
ajfa-6062	54	40	al	al	PROPN
ajfa-6062	54	41	.	.	PROPN
ajfa-6062	54	42	2003	2003	NUM
ajfa-6062	54	43	;	;	PUNCT
ajfa-6062	54	44	francis	francis	PROPN
ajfa-6062	54	45	et	et	PROPN
ajfa-6062	54	46	al	al	PROPN
ajfa-6062	54	47	.	.	PROPN
ajfa-6062	54	48	2005	2005	NUM
ajfa-6062	54	49	;	;	PUNCT
ajfa-6062	54	50	wang	wang	PROPN
ajfa-6062	54	51	and	and	CCONJ
ajfa-6062	54	52	yang	yang	PROPN
ajfa-6062	54	53	2011	2011	NUM
ajfa-6062	54	54	)	)	PUNCT
ajfa-6062	54	55	.	.	PUNCT
ajfa-6062	55	1	based	base	VERB
ajfa-6062	55	2	on	on	ADP
ajfa-6062	55	3	this	this	DET
ajfa-6062	55	4	line	line	NOUN
ajfa-6062	55	5	of	of	ADP
ajfa-6062	55	6	literature	literature	NOUN
ajfa-6062	55	7	,	,	PUNCT
ajfa-6062	55	8	if	if	SCONJ
ajfa-6062	55	9	syn	syn	PROPN
ajfa-6062	55	10	measures	measure	VERB
ajfa-6062	55	11	market	market	NOUN
ajfa-6062	55	12	-	-	PUNCT
ajfa-6062	55	13	wide	wide	ADJ
ajfa-6062	55	14	informativeness	informativeness	NOUN
ajfa-6062	55	15	(	(	PUNCT
ajfa-6062	55	16	i.e.	i.e.	X
ajfa-6062	55	17	market	market	NOUN
ajfa-6062	55	18	-	-	PUNCT
ajfa-6062	55	19	wide	wide	ADJ
ajfa-6062	55	20	financial	financial	ADJ
ajfa-6062	55	21	statement	statement	NOUN
ajfa-6062	55	22	-	-	PUNCT
ajfa-6062	55	23	related	relate	VERB
ajfa-6062	55	24	information	information	NOUN
ajfa-6062	55	25	)	)	PUNCT
ajfa-6062	55	26	,	,	PUNCT
ajfa-6062	55	27	this	this	PRON
ajfa-6062	55	28	will	will	AUX
ajfa-6062	55	29	affect	affect	VERB
ajfa-6062	55	30	an	an	DET
ajfa-6062	55	31	auditor	auditor	NOUN
ajfa-6062	55	32	’s	’s	PART
ajfa-6062	55	33	assessment	assessment	NOUN
ajfa-6062	55	34	of	of	ADP
ajfa-6062	55	35	risk	risk	NOUN
ajfa-6062	55	36	of	of	ADP
ajfa-6062	55	37	misstatement	misstatement	NOUN
ajfa-6062	55	38	and	and	CCONJ
ajfa-6062	55	39	consequently	consequently	ADV
ajfa-6062	55	40	auditors	auditor	NOUN
ajfa-6062	55	41	will	will	AUX
ajfa-6062	55	42	exercise	exercise	VERB
ajfa-6062	55	43	more	more	ADJ
ajfa-6062	55	44	audit	audit	NOUN
ajfa-6062	55	45	effort	effort	NOUN
ajfa-6062	55	46	and	and	CCONJ
ajfa-6062	55	47	thus	thus	ADV
ajfa-6062	55	48	charge	charge	VERB
ajfa-6062	55	49	high	high	ADJ
ajfa-6062	55	50	level	level	NOUN
ajfa-6062	55	51	of	of	ADP
ajfa-6062	55	52	audit	audit	NOUN
ajfa-6062	55	53	fees	fee	NOUN
ajfa-6062	55	54	;	;	PUNCT
ajfa-6062	55	55	if	if	SCONJ
ajfa-6062	55	56	syn	syn	PROPN
ajfa-6062	55	57	measures	measure	VERB
ajfa-6062	55	58	market	market	NOUN
ajfa-6062	55	59	-	-	PUNCT
ajfa-6062	55	60	wide	wide	ADJ
ajfa-6062	55	61	noise	noise	NOUN
ajfa-6062	55	62	or	or	CCONJ
ajfa-6062	55	63	sentiment	sentiment	NOUN
ajfa-6062	55	64	,	,	PUNCT
ajfa-6062	55	65	this	this	PRON
ajfa-6062	55	66	will	will	AUX
ajfa-6062	55	67	not	not	PART
ajfa-6062	55	68	affect	affect	VERB
ajfa-6062	55	69	an	an	DET
ajfa-6062	55	70	auditor	auditor	NOUN
ajfa-6062	55	71	’s	’s	PART
ajfa-6062	55	72	assessment	assessment	NOUN
ajfa-6062	55	73	of	of	ADP
ajfa-6062	55	74	risk	risk	NOUN
ajfa-6062	55	75	of	of	ADP
ajfa-6062	55	76	misstatement	misstatement	NOUN
ajfa-6062	55	77	and	and	CCONJ
ajfa-6062	55	78	consequently	consequently	ADV
ajfa-6062	55	79	auditors	auditor	NOUN
ajfa-6062	55	80	will	will	AUX
ajfa-6062	55	81	not	not	PART
ajfa-6062	55	82	exercise	exercise	VERB
ajfa-6062	55	83	more	more	ADJ
ajfa-6062	55	84	audit	audit	NOUN
ajfa-6062	55	85	effort	effort	NOUN
ajfa-6062	55	86	and	and	CCONJ
ajfa-6062	55	87	hence	hence	ADV
ajfa-6062	55	88	charge	charge	VERB
ajfa-6062	55	89	higher	high	ADJ
ajfa-6062	55	90	audit	audit	NOUN
ajfa-6062	55	91	fees	fee	NOUN
ajfa-6062	55	92	.	.	PUNCT
ajfa-6062	56	1	2	2	NUM
ajfa-6062	56	2	.	.	SYM
ajfa-6062	56	3	2	2	NUM
ajfa-6062	56	4	sarbanes	sarbanes	PROPN
ajfa-6062	56	5	-	-	PUNCT
ajfa-6062	56	6	oxley	oxley	PROPN
ajfa-6062	56	7	act	act	NOUN
ajfa-6062	56	8	background	background	NOUN
ajfa-6062	56	9	the	the	DET
ajfa-6062	56	10	sarbanes	sarbanes	PROPN
ajfa-6062	56	11	-	-	PUNCT
ajfa-6062	56	12	oxley	oxley	ADJ
ajfa-6062	56	13	act	act	NOUN
ajfa-6062	56	14	provides	provide	VERB
ajfa-6062	56	15	an	an	DET
ajfa-6062	56	16	experimental	experimental	ADJ
ajfa-6062	56	17	setting	setting	NOUN
ajfa-6062	56	18	in	in	ADP
ajfa-6062	56	19	this	this	DET
ajfa-6062	56	20	study	study	NOUN
ajfa-6062	56	21	.	.	PUNCT
ajfa-6062	57	1	this	this	DET
ajfa-6062	57	2	study	study	NOUN
ajfa-6062	57	3	takes	take	VERB
ajfa-6062	57	4	advantage	advantage	NOUN
ajfa-6062	57	5	of	of	ADP
ajfa-6062	57	6	the	the	DET
ajfa-6062	57	7	sox	sox	PROPN
ajfa-6062	57	8	experimental	experimental	ADJ
ajfa-6062	57	9	setting	setting	NOUN
ajfa-6062	57	10	by	by	ADP
ajfa-6062	57	11	using	use	VERB
ajfa-6062	57	12	a	a	DET
ajfa-6062	57	13	post	post	ADJ
ajfa-6062	57	14	-	-	ADJ
ajfa-6062	57	15	sox	sox	ADJ
ajfa-6062	57	16	sample	sample	NOUN
ajfa-6062	57	17	of	of	ADP
ajfa-6062	57	18	u.s	u.s	PROPN
ajfa-6062	57	19	.	.	PROPN
ajfa-6062	57	20	firms	firm	NOUN
ajfa-6062	57	21	from	from	ADP
ajfa-6062	57	22	2004	2004	NUM
ajfa-6062	57	23	to	to	ADP
ajfa-6062	57	24	2009	2009	NUM
ajfa-6062	57	25	.	.	PUNCT
ajfa-6062	58	1	the	the	DET
ajfa-6062	58	2	sarbanes	sarbanes	PROPN
ajfa-6062	58	3	-	-	PUNCT
ajfa-6062	58	4	oxley	oxley	ADJ
ajfa-6062	58	5	act	act	NOUN
ajfa-6062	58	6	was	be	AUX
ajfa-6062	58	7	approved	approve	VERB
ajfa-6062	58	8	by	by	ADP
ajfa-6062	58	9	the	the	DET
ajfa-6062	58	10	congress	congress	PROPN
ajfa-6062	58	11	on	on	ADP
ajfa-6062	58	12	july	july	PROPN
ajfa-6062	58	13	25	25	NUM
ajfa-6062	58	14	,	,	PUNCT
ajfa-6062	58	15	2002	2002	NUM
ajfa-6062	58	16	.	.	PUNCT
ajfa-6062	59	1	sec	sec	PROPN
ajfa-6062	59	2	voted	vote	VERB
ajfa-6062	59	3	to	to	PART
ajfa-6062	59	4	adopt	adopt	VERB
ajfa-6062	59	5	management	management	NOUN
ajfa-6062	59	6	’s	’s	PART
ajfa-6062	59	7	report	report	NOUN
ajfa-6062	59	8	on	on	ADP
ajfa-6062	59	9	internal	internal	ADJ
ajfa-6062	59	10	control	control	NOUN
ajfa-6062	59	11	(	(	PUNCT
ajfa-6062	59	12	sox	sox	PROPN
ajfa-6062	59	13	section	section	NOUN
ajfa-6062	59	14	404	404	NUM
ajfa-6062	59	15	)	)	PUNCT
ajfa-6062	59	16	on	on	ADP
ajfa-6062	59	17	may	may	PROPN
ajfa-6062	59	18	27	27	NUM
ajfa-6062	59	19	,	,	PUNCT
ajfa-6062	59	20	2003	2003	NUM
ajfa-6062	59	21	.	.	PUNCT
ajfa-6062	60	1	accordingly	accordingly	ADV
ajfa-6062	60	2	,	,	PUNCT
ajfa-6062	60	3	accelerated	accelerate	VERB
ajfa-6062	60	4	filers	filer	NOUN
ajfa-6062	60	5	have	have	AUX
ajfa-6062	60	6	been	be	AUX
ajfa-6062	60	7	expected	expect	VERB
ajfa-6062	60	8	to	to	PART
ajfa-6062	60	9	comply	comply	VERB
ajfa-6062	60	10	for	for	ADP
ajfa-6062	60	11	fiscal	fiscal	ADJ
ajfa-6062	60	12	years	year	NOUN
ajfa-6062	60	13	since	since	SCONJ
ajfa-6062	60	14	june	june	PROPN
ajfa-6062	60	15	15	15	NUM
ajfa-6062	60	16	,	,	PUNCT
ajfa-6062	60	17	2004	2004	NUM
ajfa-6062	60	18	.	.	PUNCT
ajfa-6062	61	1	section	section	NOUN
ajfa-6062	61	2	404	404	NUM
ajfa-6062	61	3	of	of	ADP
ajfa-6062	61	4	sox	sox	PROPN
ajfa-6062	61	5	requires	require	VERB
ajfa-6062	61	6	each	each	DET
ajfa-6062	61	7	annual	annual	ADJ
ajfa-6062	61	8	report	report	NOUN
ajfa-6062	61	9	to	to	PART
ajfa-6062	61	10	contain	contain	VERB
ajfa-6062	61	11	an	an	DET
ajfa-6062	61	12	internal	internal	ADJ
ajfa-6062	61	13	control	control	NOUN
ajfa-6062	61	14	report	report	NOUN
ajfa-6062	61	15	.	.	PUNCT
ajfa-6062	62	1	this	this	DET
ajfa-6062	62	2	internal	internal	ADJ
ajfa-6062	62	3	control	control	NOUN
ajfa-6062	62	4	report	report	NOUN
ajfa-6062	62	5	should	should	AUX
ajfa-6062	62	6	state	state	VERB
ajfa-6062	62	7	the	the	DET
ajfa-6062	62	8	responsibility	responsibility	NOUN
ajfa-6062	62	9	of	of	ADP
ajfa-6062	62	10	management	management	NOUN
ajfa-6062	62	11	for	for	ADP
ajfa-6062	62	12	establishing	establish	VERB
ajfa-6062	62	13	and	and	CCONJ
ajfa-6062	62	14	maintaining	maintain	VERB
ajfa-6062	62	15	adequate	adequate	ADJ
ajfa-6062	62	16	internal	internal	ADJ
ajfa-6062	62	17	control	control	NOUN
ajfa-6062	62	18	procedures	procedure	NOUN
ajfa-6062	62	19	for	for	ADP
ajfa-6062	62	20	financial	financial	ADJ
ajfa-6062	62	21	reporting	reporting	NOUN
ajfa-6062	62	22	.	.	PUNCT
ajfa-6062	63	1	the	the	DET
ajfa-6062	63	2	report	report	NOUN
ajfa-6062	63	3	should	should	AUX
ajfa-6062	63	4	also	also	ADV
ajfa-6062	63	5	contain	contain	VERB
ajfa-6062	63	6	an	an	DET
ajfa-6062	63	7	assessment	assessment	NOUN
ajfa-6062	63	8	of	of	ADP
ajfa-6062	63	9	the	the	DET
ajfa-6062	63	10	effectiveness	effectiveness	NOUN
ajfa-6062	63	11	of	of	ADP
ajfa-6062	63	12	the	the	DET
ajfa-6062	63	13	internal	internal	ADJ
ajfa-6062	63	14	control	control	NOUN
ajfa-6062	63	15	.	.	PUNCT
ajfa-6062	64	1	in	in	ADP
ajfa-6062	64	2	addition	addition	NOUN
ajfa-6062	64	3	,	,	PUNCT
ajfa-6062	64	4	section	section	NOUN
ajfa-6062	64	5	404	404	NUM
ajfa-6062	64	6	asian	asian	ADJ
ajfa-6062	64	7	journal	journal	NOUN
ajfa-6062	64	8	of	of	ADP
ajfa-6062	64	9	finance	finance	PROPN
ajfa-6062	64	10	&	&	CCONJ
ajfa-6062	64	11	accounting	accounting	PROPN
ajfa-6062	64	12	issn	issn	PROPN
ajfa-6062	64	13	1946	1946	NUM
ajfa-6062	64	14	-	-	PUNCT
ajfa-6062	64	15	052x	052x	PROPN
ajfa-6062	64	16	2014	2014	NUM
ajfa-6062	64	17	,	,	PUNCT
ajfa-6062	64	18	vol	vol	NOUN
ajfa-6062	64	19	.	.	PROPN
ajfa-6062	64	20	6	6	NUM
ajfa-6062	64	21	,	,	PUNCT
ajfa-6062	64	22	no	no	INTJ
ajfa-6062	64	23	.	.	NOUN
ajfa-6062	64	24	2	2	NUM
ajfa-6062	64	25	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6062	64	26	90	90	NUM
ajfa-6062	64	27	specifically	specifically	ADV
ajfa-6062	64	28	requires	require	VERB
ajfa-6062	64	29	that	that	SCONJ
ajfa-6062	64	30	the	the	DET
ajfa-6062	64	31	attestation	attestation	NOUN
ajfa-6062	64	32	on	on	ADP
ajfa-6062	64	33	internal	internal	ADJ
ajfa-6062	64	34	control	control	NOUN
ajfa-6062	64	35	shall	shall	AUX
ajfa-6062	64	36	not	not	PART
ajfa-6062	64	37	be	be	AUX
ajfa-6062	64	38	the	the	DET
ajfa-6062	64	39	subject	subject	NOUN
ajfa-6062	64	40	of	of	ADP
ajfa-6062	64	41	a	a	DET
ajfa-6062	64	42	separate	separate	ADJ
ajfa-6062	64	43	engagement	engagement	NOUN
ajfa-6062	64	44	.	.	PUNCT
ajfa-6062	65	1	thus	thus	ADV
ajfa-6062	65	2	,	,	PUNCT
ajfa-6062	65	3	a	a	DET
ajfa-6062	65	4	public	public	ADJ
ajfa-6062	65	5	accounting	accounting	NOUN
ajfa-6062	65	6	firm	firm	NOUN
ajfa-6062	65	7	which	which	PRON
ajfa-6062	65	8	issues	issue	VERB
ajfa-6062	65	9	audit	audit	NOUN
ajfa-6062	65	10	reports	report	NOUN
ajfa-6062	65	11	shall	shall	AUX
ajfa-6062	65	12	attest	attest	VERB
ajfa-6062	65	13	to	to	ADP
ajfa-6062	65	14	internal	internal	ADJ
ajfa-6062	65	15	control	control	NOUN
ajfa-6062	65	16	assessment	assessment	NOUN
ajfa-6062	65	17	made	make	VERB
ajfa-6062	65	18	by	by	ADP
ajfa-6062	65	19	the	the	DET
ajfa-6062	65	20	management	management	NOUN
ajfa-6062	65	21	.	.	PUNCT
ajfa-6062	66	1	the	the	DET
ajfa-6062	66	2	attestation	attestation	NOUN
ajfa-6062	66	3	shall	shall	AUX
ajfa-6062	66	4	be	be	AUX
ajfa-6062	66	5	made	make	VERB
ajfa-6062	66	6	in	in	ADP
ajfa-6062	66	7	accordance	accordance	NOUN
ajfa-6062	66	8	with	with	ADP
ajfa-6062	66	9	standards	standard	NOUN
ajfa-6062	66	10	for	for	ADP
ajfa-6062	66	11	attestation	attestation	NOUN
ajfa-6062	66	12	engagements	engagement	NOUN
ajfa-6062	66	13	issued	issue	VERB
ajfa-6062	66	14	or	or	CCONJ
ajfa-6062	66	15	adopted	adopt	VERB
ajfa-6062	66	16	by	by	ADP
ajfa-6062	66	17	the	the	DET
ajfa-6062	66	18	pcaob	pcaob	NOUN
ajfa-6062	66	19	(	(	PUNCT
ajfa-6062	66	20	the	the	DET
ajfa-6062	66	21	public	public	ADJ
ajfa-6062	66	22	company	company	NOUN
ajfa-6062	66	23	accounting	account	VERB
ajfa-6062	66	24	oversight	oversight	NOUN
ajfa-6062	66	25	board	board	PROPN
ajfa-6062	66	26	)	)	PUNCT
ajfa-6062	66	27	.	.	PUNCT
ajfa-6062	67	1	based	base	VERB
ajfa-6062	67	2	on	on	ADP
ajfa-6062	67	3	sec	sec	PROPN
ajfa-6062	67	4	release	release	NOUN
ajfa-6062	67	5	no	no	NOUN
ajfa-6062	67	6	.	.	NOUN
ajfa-6062	67	7	33	33	NUM
ajfa-6062	67	8	-	-	SYM
ajfa-6062	67	9	8183	8183	NUM
ajfa-6062	67	10	,	,	PUNCT
ajfa-6062	67	11	fees	fee	NOUN
ajfa-6062	67	12	for	for	ADP
ajfa-6062	67	13	attestation	attestation	NOUN
ajfa-6062	67	14	services	service	NOUN
ajfa-6062	67	15	on	on	ADP
ajfa-6062	67	16	internal	internal	ADJ
ajfa-6062	67	17	control	control	NOUN
ajfa-6062	67	18	assessment	assessment	NOUN
ajfa-6062	67	19	belong	belong	VERB
ajfa-6062	67	20	to	to	ADP
ajfa-6062	67	21	the	the	DET
ajfa-6062	67	22	audit	audit	NOUN
ajfa-6062	67	23	fees	fee	NOUN
ajfa-6062	67	24	category	category	NOUN
ajfa-6062	67	25	.	.	PUNCT
ajfa-6062	68	1	overall	overall	ADV
ajfa-6062	68	2	,	,	PUNCT
ajfa-6062	68	3	these	these	DET
ajfa-6062	68	4	regulatory	regulatory	ADJ
ajfa-6062	68	5	rules	rule	NOUN
ajfa-6062	68	6	significantly	significantly	ADV
ajfa-6062	68	7	change	change	VERB
ajfa-6062	68	8	the	the	DET
ajfa-6062	68	9	structure	structure	NOUN
ajfa-6062	68	10	of	of	ADP
ajfa-6062	68	11	audit	audit	NOUN
ajfa-6062	68	12	fees	fee	NOUN
ajfa-6062	68	13	between	between	ADP
ajfa-6062	68	14	pre	pre	NOUN
ajfa-6062	68	15	-	-	ADJ
ajfa-6062	68	16	sox	sox	ADJ
ajfa-6062	68	17	and	and	CCONJ
ajfa-6062	68	18	post	post	ADJ
ajfa-6062	68	19	-	-	ADJ
ajfa-6062	68	20	sox	sox	ADJ
ajfa-6062	68	21	periods	period	NOUN
ajfa-6062	68	22	.	.	PUNCT
ajfa-6062	69	1	3	3	X
ajfa-6062	69	2	.	.	X
ajfa-6062	69	3	hypothesis	hypothesis	NOUN
ajfa-6062	69	4	development	development	NOUN
ajfa-6062	69	5	3.1	3.1	NUM
ajfa-6062	69	6	link	link	NOUN
ajfa-6062	69	7	between	between	ADP
ajfa-6062	69	8	audit	audit	NOUN
ajfa-6062	69	9	fees	fee	NOUN
ajfa-6062	69	10	and	and	CCONJ
ajfa-6062	69	11	syn	syn	NOUN
ajfa-6062	69	12	auditors	auditor	NOUN
ajfa-6062	69	13	are	be	AUX
ajfa-6062	69	14	hired	hire	VERB
ajfa-6062	69	15	as	as	ADP
ajfa-6062	69	16	an	an	DET
ajfa-6062	69	17	external	external	ADJ
ajfa-6062	69	18	monitoring	monitoring	NOUN
ajfa-6062	69	19	mechanism	mechanism	NOUN
ajfa-6062	69	20	to	to	PART
ajfa-6062	69	21	mitigate	mitigate	VERB
ajfa-6062	69	22	agency	agency	NOUN
ajfa-6062	69	23	problems	problem	NOUN
ajfa-6062	69	24	according	accord	VERB
ajfa-6062	69	25	to	to	ADP
ajfa-6062	69	26	the	the	DET
ajfa-6062	69	27	agency	agency	NOUN
ajfa-6062	69	28	theory	theory	NOUN
ajfa-6062	69	29	(	(	PUNCT
ajfa-6062	69	30	watts	watts	PROPN
ajfa-6062	69	31	&	&	CCONJ
ajfa-6062	69	32	zimmerman	zimmerman	PROPN
ajfa-6062	69	33	,	,	PUNCT
ajfa-6062	69	34	1980	1980	NUM
ajfa-6062	69	35	)	)	PUNCT
ajfa-6062	69	36	.	.	PUNCT
ajfa-6062	70	1	based	base	VERB
ajfa-6062	70	2	on	on	ADP
ajfa-6062	70	3	gaas	gaas	PROPN
ajfa-6062	70	4	(	(	PUNCT
ajfa-6062	70	5	generally	generally	ADV
ajfa-6062	70	6	accepted	accept	VERB
ajfa-6062	70	7	auditing	auditing	NOUN
ajfa-6062	70	8	standards	standard	NOUN
ajfa-6062	70	9	)	)	PUNCT
ajfa-6062	70	10	,	,	PUNCT
ajfa-6062	70	11	audit	audit	NOUN
ajfa-6062	70	12	procedures	procedure	NOUN
ajfa-6062	70	13	ensure	ensure	VERB
ajfa-6062	70	14	that	that	SCONJ
ajfa-6062	70	15	auditors	auditor	NOUN
ajfa-6062	70	16	understand	understand	VERB
ajfa-6062	70	17	their	their	PRON
ajfa-6062	70	18	clients	client	NOUN
ajfa-6062	70	19	in	in	ADP
ajfa-6062	70	20	terms	term	NOUN
ajfa-6062	70	21	of	of	ADP
ajfa-6062	70	22	client	client	NOUN
ajfa-6062	70	23	business	business	NOUN
ajfa-6062	70	24	environment	environment	NOUN
ajfa-6062	70	25	and	and	CCONJ
ajfa-6062	70	26	governance	governance	NOUN
ajfa-6062	70	27	,	,	PUNCT
ajfa-6062	70	28	and	and	CCONJ
ajfa-6062	70	29	identify	identify	VERB
ajfa-6062	70	30	areas	area	NOUN
ajfa-6062	70	31	venerable	venerable	ADJ
ajfa-6062	70	32	to	to	ADP
ajfa-6062	70	33	misstatements	misstatement	NOUN
ajfa-6062	70	34	and	and	CCONJ
ajfa-6062	70	35	errors	error	NOUN
ajfa-6062	70	36	or	or	CCONJ
ajfa-6062	70	37	frauds	fraud	NOUN
ajfa-6062	70	38	and	and	CCONJ
ajfa-6062	70	39	consequently	consequently	ADV
ajfa-6062	70	40	auditors	auditor	NOUN
ajfa-6062	70	41	’	'	PUNCT
ajfa-6062	70	42	tests	test	NOUN
ajfa-6062	70	43	can	can	AUX
ajfa-6062	70	44	be	be	AUX
ajfa-6062	70	45	adequate	adequate	ADJ
ajfa-6062	70	46	and	and	CCONJ
ajfa-6062	70	47	effective	effective	ADJ
ajfa-6062	70	48	.	.	PUNCT
ajfa-6062	71	1	for	for	ADP
ajfa-6062	71	2	example	example	NOUN
ajfa-6062	71	3	,	,	PUNCT
ajfa-6062	71	4	the	the	DET
ajfa-6062	71	5	first	first	ADJ
ajfa-6062	71	6	standard	standard	NOUN
ajfa-6062	71	7	of	of	ADP
ajfa-6062	71	8	field	field	NOUN
ajfa-6062	71	9	work	work	NOUN
ajfa-6062	71	10	requires	require	VERB
ajfa-6062	71	11	auditors	auditor	NOUN
ajfa-6062	71	12	to	to	PART
ajfa-6062	71	13	“	"	PUNCT
ajfa-6062	71	14	adequately	adequately	ADV
ajfa-6062	71	15	plan	plan	VERB
ajfa-6062	71	16	the	the	DET
ajfa-6062	71	17	work	work	NOUN
ajfa-6062	71	18	”	"	PUNCT
ajfa-6062	71	19	(	(	PUNCT
ajfa-6062	71	20	auditing	auditing	NOUN
ajfa-6062	71	21	standards	standard	NOUN
ajfa-6062	71	22	sas	sa	VERB
ajfa-6062	71	23	no	no	INTJ
ajfa-6062	71	24	.	.	PROPN
ajfa-6062	71	25	105	105	NUM
ajfa-6062	71	26	,	,	PUNCT
ajfa-6062	71	27	amendment	amendment	NOUN
ajfa-6062	71	28	to	to	PART
ajfa-6062	71	29	statement	statement	NOUN
ajfa-6062	71	30	on	on	ADP
ajfa-6062	71	31	auditing	auditing	NOUN
ajfa-6062	71	32	standards	standard	NOUN
ajfa-6062	71	33	no.95	no.95	PROPN
ajfa-6062	71	34	)	)	PUNCT
ajfa-6062	71	35	;	;	PUNCT
ajfa-6062	71	36	the	the	DET
ajfa-6062	71	37	second	second	ADJ
ajfa-6062	71	38	standard	standard	NOUN
ajfa-6062	71	39	of	of	ADP
ajfa-6062	71	40	field	field	NOUN
ajfa-6062	71	41	work	work	NOUN
ajfa-6062	71	42	requires	require	VERB
ajfa-6062	71	43	auditors	auditor	NOUN
ajfa-6062	71	44	to	to	PART
ajfa-6062	71	45	“	"	PUNCT
ajfa-6062	71	46	obtain	obtain	VERB
ajfa-6062	71	47	a	a	DET
ajfa-6062	71	48	sufficient	sufficient	ADJ
ajfa-6062	71	49	understanding	understanding	NOUN
ajfa-6062	71	50	of	of	ADP
ajfa-6062	71	51	the	the	DET
ajfa-6062	71	52	entity	entity	NOUN
ajfa-6062	71	53	and	and	CCONJ
ajfa-6062	71	54	its	its	PRON
ajfa-6062	71	55	environment	environment	NOUN
ajfa-6062	71	56	,	,	PUNCT
ajfa-6062	71	57	including	include	VERB
ajfa-6062	71	58	its	its	PRON
ajfa-6062	71	59	internal	internal	ADJ
ajfa-6062	71	60	control	control	NOUN
ajfa-6062	71	61	,	,	PUNCT
ajfa-6062	71	62	to	to	PART
ajfa-6062	71	63	assess	assess	VERB
ajfa-6062	71	64	the	the	DET
ajfa-6062	71	65	risk	risk	NOUN
ajfa-6062	71	66	of	of	ADP
ajfa-6062	71	67	material	material	NOUN
ajfa-6062	71	68	misstatement	misstatement	NOUN
ajfa-6062	71	69	whether	whether	SCONJ
ajfa-6062	71	70	due	due	ADP
ajfa-6062	71	71	to	to	ADP
ajfa-6062	71	72	error	error	NOUN
ajfa-6062	71	73	or	or	CCONJ
ajfa-6062	71	74	fraud	fraud	NOUN
ajfa-6062	71	75	,	,	PUNCT
ajfa-6062	71	76	and	and	CCONJ
ajfa-6062	71	77	to	to	PART
ajfa-6062	71	78	design	design	VERB
ajfa-6062	71	79	the	the	DET
ajfa-6062	71	80	nature	nature	NOUN
ajfa-6062	71	81	,	,	PUNCT
ajfa-6062	71	82	timing	timing	NOUN
ajfa-6062	71	83	and	and	CCONJ
ajfa-6062	71	84	extent	extent	NOUN
ajfa-6062	71	85	of	of	ADP
ajfa-6062	71	86	further	further	ADJ
ajfa-6062	71	87	audit	audit	NOUN
ajfa-6062	71	88	procedures	procedure	NOUN
ajfa-6062	71	89	”	"	PUNCT
ajfa-6062	71	90	(	(	PUNCT
ajfa-6062	71	91	auditing	auditing	NOUN
ajfa-6062	71	92	standards	standard	NOUN
ajfa-6062	71	93	sas	sa	VERB
ajfa-6062	71	94	no	no	INTJ
ajfa-6062	71	95	.	.	PROPN
ajfa-6062	71	96	105	105	NUM
ajfa-6062	71	97	,	,	PUNCT
ajfa-6062	71	98	amendment	amendment	NOUN
ajfa-6062	71	99	to	to	PART
ajfa-6062	71	100	statement	statement	NOUN
ajfa-6062	71	101	on	on	ADP
ajfa-6062	71	102	auditing	auditing	NOUN
ajfa-6062	71	103	standards	standard	NOUN
ajfa-6062	71	104	no.95	no.95	NOUN
ajfa-6062	71	105	)	)	PUNCT
ajfa-6062	71	106	.	.	PUNCT
ajfa-6062	72	1	moreover	moreover	ADV
ajfa-6062	72	2	,	,	PUNCT
ajfa-6062	72	3	auditors	auditor	NOUN
ajfa-6062	72	4	need	need	VERB
ajfa-6062	72	5	to	to	PART
ajfa-6062	72	6	assess	assess	VERB
ajfa-6062	72	7	audit	audit	NOUN
ajfa-6062	72	8	risk	risk	NOUN
ajfa-6062	72	9	,	,	PUNCT
ajfa-6062	72	10	which	which	PRON
ajfa-6062	72	11	is	be	AUX
ajfa-6062	72	12	“	"	PUNCT
ajfa-6062	72	13	the	the	DET
ajfa-6062	72	14	likelihood	likelihood	NOUN
ajfa-6062	72	15	of	of	ADP
ajfa-6062	72	16	material	material	ADJ
ajfa-6062	72	17	errors	error	NOUN
ajfa-6062	72	18	in	in	ADP
ajfa-6062	72	19	the	the	DET
ajfa-6062	72	20	client	client	NOUN
ajfa-6062	72	21	’s	’s	PART
ajfa-6062	72	22	financial	financial	ADJ
ajfa-6062	72	23	statements	statement	NOUN
ajfa-6062	72	24	”	"	PUNCT
ajfa-6062	72	25	(	(	PUNCT
ajfa-6062	72	26	gul	gul	PROPN
ajfa-6062	72	27	&	&	CCONJ
ajfa-6062	72	28	tsui	tsui	PROPN
ajfa-6062	72	29	,	,	PUNCT
ajfa-6062	72	30	1998	1998	NUM
ajfa-6062	72	31	,	,	PUNCT
ajfa-6062	72	32	p221	p221	NUM
ajfa-6062	72	33	;	;	PUNCT
ajfa-6062	72	34	accounting	accounting	NOUN
ajfa-6062	72	35	standards	standard	NOUN
ajfa-6062	72	36	board	board	NOUN
ajfa-6062	72	37	,	,	PUNCT
ajfa-6062	72	38	statement	statement	NOUN
ajfa-6062	72	39	on	on	ADP
ajfa-6062	72	40	auditing	auditing	NOUN
ajfa-6062	72	41	standards	standard	NOUN
ajfa-6062	72	42	,	,	PUNCT
ajfa-6062	72	43	no	no	INTJ
ajfa-6062	72	44	.	.	PROPN
ajfa-6062	72	45	47	47	NUM
ajfa-6062	72	46	)	)	PUNCT
ajfa-6062	72	47	.	.	PUNCT
ajfa-6062	73	1	overall	overall	ADV
ajfa-6062	73	2	,	,	PUNCT
ajfa-6062	73	3	auditors	auditor	NOUN
ajfa-6062	73	4	face	face	VERB
ajfa-6062	73	5	three	three	NUM
ajfa-6062	73	6	kinds	kind	NOUN
ajfa-6062	73	7	of	of	ADP
ajfa-6062	73	8	audit	audit	NOUN
ajfa-6062	73	9	risk	risk	NOUN
ajfa-6062	73	10	:	:	PUNCT
ajfa-6062	73	11	1	1	X
ajfa-6062	73	12	)	)	PUNCT
ajfa-6062	73	13	“	"	PUNCT
ajfa-6062	73	14	inherent	inherent	ADJ
ajfa-6062	73	15	risk	risk	NOUN
ajfa-6062	73	16	”	"	PUNCT
ajfa-6062	73	17	,	,	PUNCT
ajfa-6062	73	18	which	which	PRON
ajfa-6062	73	19	is	be	AUX
ajfa-6062	73	20	the	the	DET
ajfa-6062	73	21	likelihood	likelihood	NOUN
ajfa-6062	73	22	of	of	ADP
ajfa-6062	73	23	environmental	environmental	ADJ
ajfa-6062	73	24	factors	factor	NOUN
ajfa-6062	73	25	producing	produce	VERB
ajfa-6062	73	26	a	a	DET
ajfa-6062	73	27	material	material	NOUN
ajfa-6062	73	28	error	error	NOUN
ajfa-6062	73	29	without	without	ADP
ajfa-6062	73	30	taking	take	VERB
ajfa-6062	73	31	account	account	NOUN
ajfa-6062	73	32	of	of	ADP
ajfa-6062	73	33	internal	internal	ADJ
ajfa-6062	73	34	control	control	NOUN
ajfa-6062	73	35	quality	quality	NOUN
ajfa-6062	73	36	;	;	PUNCT
ajfa-6062	73	37	2	2	X
ajfa-6062	73	38	)	)	PUNCT
ajfa-6062	73	39	“	"	PUNCT
ajfa-6062	73	40	control	control	NOUN
ajfa-6062	73	41	risk	risk	NOUN
ajfa-6062	73	42	”	"	PUNCT
ajfa-6062	73	43	,	,	PUNCT
ajfa-6062	73	44	which	which	PRON
ajfa-6062	73	45	is	be	AUX
ajfa-6062	73	46	the	the	DET
ajfa-6062	73	47	likelihood	likelihood	NOUN
ajfa-6062	73	48	that	that	SCONJ
ajfa-6062	73	49	the	the	DET
ajfa-6062	73	50	internal	internal	ADJ
ajfa-6062	73	51	control	control	NOUN
ajfa-6062	73	52	system	system	NOUN
ajfa-6062	73	53	fails	fail	VERB
ajfa-6062	73	54	in	in	ADP
ajfa-6062	73	55	preventing	prevent	VERB
ajfa-6062	73	56	or	or	CCONJ
ajfa-6062	73	57	detecting	detect	VERB
ajfa-6062	73	58	of	of	ADP
ajfa-6062	73	59	a	a	DET
ajfa-6062	73	60	material	material	NOUN
ajfa-6062	73	61	error	error	NOUN
ajfa-6062	73	62	;	;	PUNCT
ajfa-6062	73	63	and	and	CCONJ
ajfa-6062	73	64	3	3	X
ajfa-6062	73	65	)	)	PUNCT
ajfa-6062	73	66	“	"	PUNCT
ajfa-6062	73	67	detection	detection	NOUN
ajfa-6062	73	68	risk	risk	NOUN
ajfa-6062	73	69	”	"	PUNCT
ajfa-6062	73	70	,	,	PUNCT
ajfa-6062	73	71	which	which	PRON
ajfa-6062	73	72	is	be	AUX
ajfa-6062	73	73	the	the	DET
ajfa-6062	73	74	likelihood	likelihood	NOUN
ajfa-6062	73	75	of	of	ADP
ajfa-6062	73	76	failures	failure	NOUN
ajfa-6062	73	77	of	of	ADP
ajfa-6062	73	78	audit	audit	NOUN
ajfa-6062	73	79	procedures	procedure	NOUN
ajfa-6062	73	80	in	in	ADP
ajfa-6062	73	81	detecting	detect	VERB
ajfa-6062	73	82	a	a	DET
ajfa-6062	73	83	material	material	NOUN
ajfa-6062	73	84	error	error	NOUN
ajfa-6062	73	85	unfound	unfound	NOUN
ajfa-6062	73	86	by	by	ADP
ajfa-6062	73	87	the	the	DET
ajfa-6062	73	88	internal	internal	ADJ
ajfa-6062	73	89	control	control	NOUN
ajfa-6062	73	90	system	system	NOUN
ajfa-6062	73	91	.	.	PUNCT
ajfa-6062	74	1	with	with	ADP
ajfa-6062	74	2	respect	respect	NOUN
ajfa-6062	74	3	to	to	ADP
ajfa-6062	74	4	clients	client	NOUN
ajfa-6062	74	5	of	of	ADP
ajfa-6062	74	6	greater	great	ADJ
ajfa-6062	74	7	inherent	inherent	ADJ
ajfa-6062	74	8	risk	risk	NOUN
ajfa-6062	74	9	/	/	SYM
ajfa-6062	74	10	control	control	NOUN
ajfa-6062	74	11	risk	risk	NOUN
ajfa-6062	74	12	,	,	PUNCT
ajfa-6062	74	13	auditors	auditor	NOUN
ajfa-6062	74	14	will	will	AUX
ajfa-6062	74	15	use	use	VERB
ajfa-6062	74	16	more	more	ADJ
ajfa-6062	74	17	resources	resource	NOUN
ajfa-6062	74	18	to	to	PART
ajfa-6062	74	19	obtain	obtain	VERB
ajfa-6062	74	20	“	"	PUNCT
ajfa-6062	74	21	sufficient	sufficient	ADJ
ajfa-6062	74	22	appropriate	appropriate	ADJ
ajfa-6062	74	23	audit	audit	NOUN
ajfa-6062	74	24	evidence	evidence	NOUN
ajfa-6062	74	25	”	"	PUNCT
ajfa-6062	74	26	to	to	PART
ajfa-6062	74	27	lower	lower	VERB
ajfa-6062	74	28	“	"	PUNCT
ajfa-6062	74	29	detection	detection	NOUN
ajfa-6062	74	30	risk	risk	NOUN
ajfa-6062	74	31	”	"	PUNCT
ajfa-6062	74	32	.	.	PUNCT
ajfa-6062	75	1	auditors	auditor	NOUN
ajfa-6062	75	2	’	’	PART
ajfa-6062	75	3	assessment	assessment	NOUN
ajfa-6062	75	4	of	of	ADP
ajfa-6062	75	5	clients	client	NOUN
ajfa-6062	75	6	’	’	PART
ajfa-6062	75	7	risk	risk	NOUN
ajfa-6062	75	8	of	of	ADP
ajfa-6062	75	9	misstatement	misstatement	NOUN
ajfa-6062	75	10	can	can	AUX
ajfa-6062	75	11	be	be	AUX
ajfa-6062	75	12	used	use	VERB
ajfa-6062	75	13	to	to	PART
ajfa-6062	75	14	test	test	VERB
ajfa-6062	75	15	the	the	DET
ajfa-6062	75	16	two	two	NUM
ajfa-6062	75	17	competing	compete	VERB
ajfa-6062	75	18	syn	syn	NOUN
ajfa-6062	75	19	arguments	argument	NOUN
ajfa-6062	75	20	:	:	PUNCT
ajfa-6062	75	21	1	1	X
ajfa-6062	75	22	)	)	PUNCT
ajfa-6062	75	23	syn	syn	PROPN
ajfa-6062	75	24	informativeness	informativeness	ADJ
ajfa-6062	75	25	argument	argument	NOUN
ajfa-6062	75	26	and	and	CCONJ
ajfa-6062	75	27	2	2	X
ajfa-6062	75	28	)	)	PUNCT
ajfa-6062	75	29	syn	syn	NOUN
ajfa-6062	75	30	noise	noise	NOUN
ajfa-6062	75	31	argument	argument	NOUN
ajfa-6062	75	32	.	.	PUNCT
ajfa-6062	76	1	morck	morck	PROPN
ajfa-6062	76	2	et	et	PROPN
ajfa-6062	76	3	al	al	PROPN
ajfa-6062	76	4	.	.	PUNCT
ajfa-6062	77	1	(	(	PUNCT
ajfa-6062	77	2	2000	2000	NUM
ajfa-6062	77	3	)	)	PUNCT
ajfa-6062	77	4	,	,	PUNCT
ajfa-6062	77	5	jin	jin	NOUN
ajfa-6062	77	6	and	and	CCONJ
ajfa-6062	77	7	myers	myers	PROPN
ajfa-6062	77	8	(	(	PUNCT
ajfa-6062	77	9	2006	2006	NUM
ajfa-6062	77	10	)	)	PUNCT
ajfa-6062	77	11	,	,	PUNCT
ajfa-6062	77	12	piotroski	piotroski	NOUN
ajfa-6062	77	13	and	and	CCONJ
ajfa-6062	77	14	roulstone	roulstone	NOUN
ajfa-6062	77	15	(	(	PUNCT
ajfa-6062	77	16	2004	2004	NUM
ajfa-6062	77	17	)	)	PUNCT
ajfa-6062	77	18	and	and	CCONJ
ajfa-6062	77	19	chan	chan	PROPN
ajfa-6062	77	20	and	and	CCONJ
ajfa-6062	77	21	hameed	hameed	PROPN
ajfa-6062	77	22	(	(	PUNCT
ajfa-6062	77	23	2006	2006	NUM
ajfa-6062	77	24	)	)	PUNCT
ajfa-6062	77	25	support	support	VERB
ajfa-6062	77	26	the	the	DET
ajfa-6062	77	27	syn	syn	PROPN
ajfa-6062	77	28	informativeness	informativeness	PROPN
ajfa-6062	77	29	argument	argument	NOUN
ajfa-6062	77	30	.	.	PUNCT
ajfa-6062	78	1	they	they	PRON
ajfa-6062	78	2	argued	argue	VERB
ajfa-6062	78	3	that	that	SCONJ
ajfa-6062	78	4	syn	syn	PROPN
ajfa-6062	78	5	measures	measure	NOUN
ajfa-6062	78	6	returns	return	NOUN
ajfa-6062	78	7	reflecting	reflect	VERB
ajfa-6062	78	8	more	more	ADJ
ajfa-6062	78	9	market	market	NOUN
ajfa-6062	78	10	-	-	PUNCT
ajfa-6062	78	11	wide	wide	ADJ
ajfa-6062	78	12	information	information	NOUN
ajfa-6062	78	13	.	.	PUNCT
ajfa-6062	79	1	on	on	ADP
ajfa-6062	79	2	the	the	DET
ajfa-6062	79	3	contrary	contrary	NOUN
ajfa-6062	79	4	,	,	PUNCT
ajfa-6062	79	5	yang	yang	PROPN
ajfa-6062	79	6	and	and	CCONJ
ajfa-6062	79	7	zhang	zhang	PROPN
ajfa-6062	79	8	(	(	PUNCT
ajfa-6062	79	9	2006	2006	NUM
ajfa-6062	79	10	)	)	PUNCT
ajfa-6062	79	11	,	,	PUNCT
ajfa-6062	79	12	skaife	skaife	NOUN
ajfa-6062	79	13	et	et	PROPN
ajfa-6062	79	14	al	al	PROPN
ajfa-6062	79	15	.	.	PROPN
ajfa-6062	80	1	(	(	PUNCT
ajfa-6062	80	2	2006	2006	NUM
ajfa-6062	80	3	)	)	PUNCT
ajfa-6062	80	4	and	and	CCONJ
ajfa-6062	80	5	li	li	PROPN
ajfa-6062	80	6	et	et	PROPN
ajfa-6062	80	7	al	al	PROPN
ajfa-6062	80	8	.	.	PROPN
ajfa-6062	81	1	(	(	PUNCT
ajfa-6062	81	2	2014	2014	NUM
ajfa-6062	81	3	)	)	PUNCT
ajfa-6062	81	4	support	support	VERB
ajfa-6062	81	5	the	the	DET
ajfa-6062	81	6	syn	syn	NOUN
ajfa-6062	81	7	noise	noise	NOUN
ajfa-6062	81	8	argument	argument	NOUN
ajfa-6062	81	9	because	because	SCONJ
ajfa-6062	81	10	of	of	ADP
ajfa-6062	81	11	insignificant	insignificant	ADJ
ajfa-6062	81	12	associations	association	NOUN
ajfa-6062	81	13	between	between	ADP
ajfa-6062	81	14	syn	syn	PROPN
ajfa-6062	81	15	and	and	CCONJ
ajfa-6062	81	16	informativeness	informativeness	ADJ
ajfa-6062	81	17	measures	measure	NOUN
ajfa-6062	81	18	.	.	PUNCT
ajfa-6062	82	1	one	one	NUM
ajfa-6062	82	2	the	the	DET
ajfa-6062	82	3	one	one	NUM
ajfa-6062	82	4	hand	hand	NOUN
ajfa-6062	82	5	,	,	PUNCT
ajfa-6062	82	6	if	if	SCONJ
ajfa-6062	82	7	syn	syn	PROPN
ajfa-6062	82	8	measures	measure	VERB
ajfa-6062	82	9	market	market	NOUN
ajfa-6062	82	10	-	-	PUNCT
ajfa-6062	82	11	wide	wide	ADJ
ajfa-6062	82	12	informativeness	informativeness	NOUN
ajfa-6062	82	13	(	(	PUNCT
ajfa-6062	82	14	i.e.	i.e.	X
ajfa-6062	82	15	market	market	NOUN
ajfa-6062	82	16	-	-	PUNCT
ajfa-6062	82	17	wide	wide	ADJ
ajfa-6062	82	18	financial	financial	ADJ
ajfa-6062	82	19	statement	statement	NOUN
ajfa-6062	82	20	-	-	PUNCT
ajfa-6062	82	21	related	relate	VERB
ajfa-6062	82	22	information	information	NOUN
ajfa-6062	82	23	such	such	ADJ
ajfa-6062	82	24	as	as	ADP
ajfa-6062	82	25	sox	sox	PROPN
ajfa-6062	82	26	internal	internal	PROPN
ajfa-6062	82	27	control	control	NOUN
ajfa-6062	82	28	requirements	requirement	NOUN
ajfa-6062	82	29	)	)	PUNCT
ajfa-6062	82	30	,	,	PUNCT
ajfa-6062	82	31	this	this	PRON
ajfa-6062	82	32	will	will	AUX
ajfa-6062	82	33	affect	affect	VERB
ajfa-6062	82	34	an	an	DET
ajfa-6062	82	35	asian	asian	ADJ
ajfa-6062	82	36	journal	journal	NOUN
ajfa-6062	82	37	of	of	ADP
ajfa-6062	82	38	finance	finance	PROPN
ajfa-6062	82	39	&	&	CCONJ
ajfa-6062	82	40	accounting	accounting	PROPN
ajfa-6062	82	41	issn	issn	PROPN
ajfa-6062	82	42	1946	1946	NUM
ajfa-6062	82	43	-	-	PUNCT
ajfa-6062	82	44	052x	052x	PROPN
ajfa-6062	82	45	2014	2014	NUM
ajfa-6062	82	46	,	,	PUNCT
ajfa-6062	82	47	vol	vol	NOUN
ajfa-6062	82	48	.	.	PROPN
ajfa-6062	82	49	6	6	NUM
ajfa-6062	82	50	,	,	PUNCT
ajfa-6062	82	51	no	no	INTJ
ajfa-6062	82	52	.	.	NOUN
ajfa-6062	82	53	2	2	NUM
ajfa-6062	82	54	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6062	82	55	91	91	NUM
ajfa-6062	82	56	auditor	auditor	NOUN
ajfa-6062	82	57	’s	’s	PART
ajfa-6062	82	58	assessment	assessment	NOUN
ajfa-6062	82	59	of	of	ADP
ajfa-6062	82	60	risk	risk	NOUN
ajfa-6062	82	61	of	of	ADP
ajfa-6062	82	62	misstatement	misstatement	NOUN
ajfa-6062	82	63	and	and	CCONJ
ajfa-6062	82	64	consequently	consequently	ADV
ajfa-6062	82	65	will	will	AUX
ajfa-6062	82	66	affect	affect	VERB
ajfa-6062	82	67	audit	audit	NOUN
ajfa-6062	82	68	procedures	procedure	NOUN
ajfa-6062	82	69	,	,	PUNCT
ajfa-6062	82	70	audit	audit	NOUN
ajfa-6062	82	71	effort	effort	NOUN
ajfa-6062	82	72	and	and	CCONJ
ajfa-6062	82	73	audit	audit	NOUN
ajfa-6062	82	74	fees	fee	NOUN
ajfa-6062	82	75	,	,	PUNCT
ajfa-6062	82	76	thus	thus	ADV
ajfa-6062	82	77	predicting	predict	VERB
ajfa-6062	82	78	a	a	DET
ajfa-6062	82	79	significantly	significantly	ADV
ajfa-6062	82	80	positive	positive	ADJ
ajfa-6062	82	81	relation	relation	NOUN
ajfa-6062	82	82	between	between	ADP
ajfa-6062	82	83	audit	audit	NOUN
ajfa-6062	82	84	fees	fee	NOUN
ajfa-6062	82	85	and	and	CCONJ
ajfa-6062	82	86	syn	syn	PROPN
ajfa-6062	82	87	.	.	PROPN
ajfa-6062	82	88	on	on	ADP
ajfa-6062	82	89	the	the	DET
ajfa-6062	82	90	other	other	ADJ
ajfa-6062	82	91	hand	hand	NOUN
ajfa-6062	82	92	,	,	PUNCT
ajfa-6062	82	93	if	if	SCONJ
ajfa-6062	82	94	syn	syn	PROPN
ajfa-6062	82	95	measures	measure	VERB
ajfa-6062	82	96	market	market	NOUN
ajfa-6062	82	97	-	-	PUNCT
ajfa-6062	82	98	wide	wide	ADJ
ajfa-6062	82	99	noise	noise	NOUN
ajfa-6062	82	100	or	or	CCONJ
ajfa-6062	82	101	sentiment	sentiment	NOUN
ajfa-6062	82	102	,	,	PUNCT
ajfa-6062	82	103	this	this	PRON
ajfa-6062	82	104	will	will	AUX
ajfa-6062	82	105	not	not	PART
ajfa-6062	82	106	affect	affect	VERB
ajfa-6062	82	107	an	an	DET
ajfa-6062	82	108	auditor	auditor	NOUN
ajfa-6062	82	109	’s	’s	PART
ajfa-6062	82	110	assessment	assessment	NOUN
ajfa-6062	82	111	of	of	ADP
ajfa-6062	82	112	risk	risk	NOUN
ajfa-6062	82	113	of	of	ADP
ajfa-6062	82	114	misstatement	misstatement	NOUN
ajfa-6062	82	115	and	and	CCONJ
ajfa-6062	82	116	consequently	consequently	ADV
ajfa-6062	82	117	will	will	AUX
ajfa-6062	82	118	not	not	PART
ajfa-6062	82	119	affect	affect	VERB
ajfa-6062	82	120	audit	audit	NOUN
ajfa-6062	82	121	effort	effort	NOUN
ajfa-6062	82	122	or	or	CCONJ
ajfa-6062	82	123	audit	audit	NOUN
ajfa-6062	82	124	fees	fee	NOUN
ajfa-6062	82	125	,	,	PUNCT
ajfa-6062	82	126	thus	thus	ADV
ajfa-6062	82	127	predicting	predict	VERB
ajfa-6062	82	128	no	no	DET
ajfa-6062	82	129	significant	significant	ADJ
ajfa-6062	82	130	association	association	NOUN
ajfa-6062	82	131	between	between	ADP
ajfa-6062	82	132	audit	audit	NOUN
ajfa-6062	82	133	fees	fee	NOUN
ajfa-6062	82	134	and	and	CCONJ
ajfa-6062	82	135	syn	syn	PROPN
ajfa-6062	82	136	.	.	PROPN
ajfa-6062	82	137	3.2	3.2	NUM
ajfa-6062	82	138	hypothesis	hypothesis	NOUN
ajfa-6062	82	139	development	development	NOUN
ajfa-6062	82	140	2004	2004	NUM
ajfa-6062	82	141	was	be	AUX
ajfa-6062	82	142	the	the	DET
ajfa-6062	82	143	first	first	ADJ
ajfa-6062	82	144	fiscal	fiscal	ADJ
ajfa-6062	82	145	year	year	NOUN
ajfa-6062	82	146	when	when	SCONJ
ajfa-6062	82	147	internal	internal	ADJ
ajfa-6062	82	148	control	control	NOUN
ajfa-6062	82	149	information	information	NOUN
ajfa-6062	82	150	was	be	AUX
ajfa-6062	82	151	required	require	VERB
ajfa-6062	82	152	by	by	ADP
ajfa-6062	82	153	sox	sox	PROPN
ajfa-6062	82	154	section	section	PROPN
ajfa-6062	82	155	404	404	NUM
ajfa-6062	82	156	available	available	ADJ
ajfa-6062	82	157	to	to	ADP
ajfa-6062	82	158	the	the	DET
ajfa-6062	82	159	market	market	NOUN
ajfa-6062	82	160	,	,	PUNCT
ajfa-6062	82	161	thus	thus	ADV
ajfa-6062	82	162	resulting	result	VERB
ajfa-6062	82	163	in	in	ADP
ajfa-6062	82	164	market	market	NOUN
ajfa-6062	82	165	-	-	PUNCT
ajfa-6062	82	166	wide	wide	ADJ
ajfa-6062	82	167	financial	financial	ADJ
ajfa-6062	82	168	statement	statement	NOUN
ajfa-6062	82	169	-	-	PUNCT
ajfa-6062	82	170	related	relate	VERB
ajfa-6062	82	171	information	information	NOUN
ajfa-6062	82	172	.	.	PUNCT
ajfa-6062	83	1	in	in	ADP
ajfa-6062	83	2	2004	2004	NUM
ajfa-6062	83	3	,	,	PUNCT
ajfa-6062	83	4	syn	syn	PROPN
ajfa-6062	83	5	measured	measure	VERB
ajfa-6062	83	6	market	market	NOUN
ajfa-6062	83	7	-	-	PUNCT
ajfa-6062	83	8	wide	wide	ADJ
ajfa-6062	83	9	financial	financial	ADJ
ajfa-6062	83	10	statement	statement	NOUN
ajfa-6062	83	11	-	-	PUNCT
ajfa-6062	83	12	related	relate	VERB
ajfa-6062	83	13	information	information	NOUN
ajfa-6062	83	14	.	.	PUNCT
ajfa-6062	84	1	auditors	auditor	NOUN
ajfa-6062	84	2	had	have	VERB
ajfa-6062	84	3	to	to	PART
ajfa-6062	84	4	respond	respond	VERB
ajfa-6062	84	5	to	to	ADP
ajfa-6062	84	6	syn	syn	PROPN
ajfa-6062	84	7	caused	cause	VERB
ajfa-6062	84	8	by	by	ADP
ajfa-6062	84	9	first	first	ADJ
ajfa-6062	84	10	-	-	PUNCT
ajfa-6062	84	11	time	time	NOUN
ajfa-6062	84	12	internal	internal	PROPN
ajfa-6062	84	13	control	control	NOUN
ajfa-6062	84	14	information	information	NOUN
ajfa-6062	84	15	available	available	ADJ
ajfa-6062	84	16	to	to	ADP
ajfa-6062	84	17	the	the	DET
ajfa-6062	84	18	market	market	NOUN
ajfa-6062	84	19	and	and	CCONJ
ajfa-6062	84	20	assess	assess	VERB
ajfa-6062	84	21	the	the	DET
ajfa-6062	84	22	effect	effect	NOUN
ajfa-6062	84	23	on	on	ADP
ajfa-6062	84	24	the	the	DET
ajfa-6062	84	25	risk	risk	NOUN
ajfa-6062	84	26	of	of	ADP
ajfa-6062	84	27	material	material	NOUN
ajfa-6062	84	28	misstatement	misstatement	NOUN
ajfa-6062	84	29	of	of	ADP
ajfa-6062	84	30	financial	financial	ADJ
ajfa-6062	84	31	statements	statement	NOUN
ajfa-6062	84	32	.	.	PUNCT
ajfa-6062	85	1	consequently	consequently	ADV
ajfa-6062	85	2	,	,	PUNCT
ajfa-6062	85	3	auditors	auditor	NOUN
ajfa-6062	85	4	spent	spend	VERB
ajfa-6062	85	5	more	more	ADJ
ajfa-6062	85	6	resources	resource	NOUN
ajfa-6062	85	7	and	and	CCONJ
ajfa-6062	85	8	thus	thus	ADV
ajfa-6062	85	9	charged	charge	VERB
ajfa-6062	85	10	higher	high	ADJ
ajfa-6062	85	11	audit	audit	NOUN
ajfa-6062	85	12	fees	fee	NOUN
ajfa-6062	85	13	.	.	PUNCT
ajfa-6062	86	1	according	accord	VERB
ajfa-6062	86	2	to	to	ADP
ajfa-6062	86	3	a.r.c	a.r.c	PROPN
ajfa-6062	86	4	.	.	PUNCT
ajfa-6062	86	5	morgan	morgan	PROPN
ajfa-6062	86	6	(	(	PUNCT
ajfa-6062	86	7	2005	2005	NUM
ajfa-6062	86	8	)	)	PUNCT
ajfa-6062	86	9	,	,	PUNCT
ajfa-6062	86	10	the	the	DET
ajfa-6062	86	11	estimated	estimate	VERB
ajfa-6062	86	12	initial	initial	ADJ
ajfa-6062	86	13	section	section	NOUN
ajfa-6062	86	14	404	404	NUM
ajfa-6062	86	15	compliance	compliance	NOUN
ajfa-6062	86	16	was	be	AUX
ajfa-6062	86	17	estimated	estimate	VERB
ajfa-6062	86	18	at	at	ADP
ajfa-6062	86	19	$	$	SYM
ajfa-6062	86	20	1	1	NUM
ajfa-6062	86	21	million	million	NUM
ajfa-6062	86	22	per	per	ADP
ajfa-6062	86	23	$	$	SYM
ajfa-6062	86	24	1	1	NUM
ajfa-6062	86	25	billion	billion	NUM
ajfa-6062	86	26	in	in	ADP
ajfa-6062	86	27	revenue	revenue	NOUN
ajfa-6062	86	28	.	.	PUNCT
ajfa-6062	87	1	the	the	DET
ajfa-6062	87	2	disclosed	disclose	VERB
ajfa-6062	87	3	average	average	ADJ
ajfa-6062	87	4	cost	cost	NOUN
ajfa-6062	87	5	of	of	ADP
ajfa-6062	87	6	external	external	ADJ
ajfa-6062	87	7	resources	resource	NOUN
ajfa-6062	87	8	for	for	ADP
ajfa-6062	87	9	section	section	NOUN
ajfa-6062	87	10	404	404	NUM
ajfa-6062	87	11	compliance	compliance	NOUN
ajfa-6062	87	12	ranged	range	VERB
ajfa-6062	87	13	from	from	ADP
ajfa-6062	87	14	$	$	SYM
ajfa-6062	87	15	1.56	1.56	NUM
ajfa-6062	87	16	million	million	NUM
ajfa-6062	87	17	for	for	ADP
ajfa-6062	87	18	firms	firm	NOUN
ajfa-6062	87	19	with	with	ADP
ajfa-6062	87	20	annual	annual	ADJ
ajfa-6062	87	21	sales	sale	NOUN
ajfa-6062	87	22	less	less	ADJ
ajfa-6062	87	23	than	than	ADP
ajfa-6062	87	24	$	$	SYM
ajfa-6062	87	25	250	250	NUM
ajfa-6062	87	26	million	million	NUM
ajfa-6062	87	27	to	to	PART
ajfa-6062	87	28	$	$	SYM
ajfa-6062	87	29	10	10	NUM
ajfa-6062	87	30	million	million	NUM
ajfa-6062	87	31	for	for	ADP
ajfa-6062	87	32	firms	firm	NOUN
ajfa-6062	87	33	with	with	ADP
ajfa-6062	87	34	annual	annual	ADJ
ajfa-6062	87	35	sales	sale	NOUN
ajfa-6062	87	36	between	between	ADP
ajfa-6062	87	37	$	$	SYM
ajfa-6062	87	38	7	7	NUM
ajfa-6062	87	39	billion	billion	NUM
ajfa-6062	87	40	and	and	CCONJ
ajfa-6062	87	41	$	$	SYM
ajfa-6062	87	42	10	10	NUM
ajfa-6062	87	43	billion	billion	NUM
ajfa-6062	87	44	(	(	PUNCT
ajfa-6062	87	45	a.r.c	a.r.c	NOUN
ajfa-6062	87	46	.	.	PROPN
ajfa-6062	87	47	morgan	morgan	PROPN
ajfa-6062	87	48	,	,	PUNCT
ajfa-6062	87	49	2005	2005	NUM
ajfa-6062	87	50	)	)	PUNCT
ajfa-6062	87	51	.	.	PUNCT
ajfa-6062	88	1	this	this	PRON
ajfa-6062	88	2	leads	lead	VERB
ajfa-6062	88	3	to	to	ADP
ajfa-6062	88	4	the	the	DET
ajfa-6062	88	5	first	first	ADJ
ajfa-6062	88	6	hypothesis	hypothesis	NOUN
ajfa-6062	88	7	.	.	PUNCT
ajfa-6062	89	1	hypothesis	hypothesis	NOUN
ajfa-6062	89	2	1	1	NUM
ajfa-6062	89	3	:	:	PUNCT
ajfa-6062	89	4	there	there	PRON
ajfa-6062	89	5	was	be	VERB
ajfa-6062	89	6	a	a	DET
ajfa-6062	89	7	significantly	significantly	ADV
ajfa-6062	89	8	positive	positive	ADJ
ajfa-6062	89	9	relation	relation	NOUN
ajfa-6062	89	10	between	between	ADP
ajfa-6062	89	11	audit	audit	NOUN
ajfa-6062	89	12	fees	fee	NOUN
ajfa-6062	89	13	and	and	CCONJ
ajfa-6062	89	14	syn	syn	NOUN
ajfa-6062	89	15	in	in	ADP
ajfa-6062	89	16	2004	2004	NUM
ajfa-6062	89	17	.	.	PUNCT
ajfa-6062	90	1	in	in	ADP
ajfa-6062	90	2	comparison	comparison	NOUN
ajfa-6062	90	3	to	to	ADP
ajfa-6062	90	4	2004	2004	NUM
ajfa-6062	90	5	,	,	PUNCT
ajfa-6062	90	6	this	this	DET
ajfa-6062	90	7	internal	internal	ADJ
ajfa-6062	90	8	control	control	NOUN
ajfa-6062	90	9	information	information	NOUN
ajfa-6062	90	10	is	be	AUX
ajfa-6062	90	11	no	no	ADV
ajfa-6062	90	12	longer	long	ADV
ajfa-6062	90	13	new	new	ADJ
ajfa-6062	90	14	to	to	ADP
ajfa-6062	90	15	auditors	auditor	NOUN
ajfa-6062	90	16	in	in	ADP
ajfa-6062	90	17	2005	2005	NUM
ajfa-6062	90	18	and	and	CCONJ
ajfa-6062	90	19	2006	2006	NUM
ajfa-6062	90	20	.	.	PUNCT
ajfa-6062	91	1	in	in	ADP
ajfa-6062	91	2	2005	2005	NUM
ajfa-6062	91	3	and	and	CCONJ
ajfa-6062	91	4	2006	2006	NUM
ajfa-6062	91	5	,	,	PUNCT
ajfa-6062	91	6	syn	syn	PROPN
ajfa-6062	91	7	was	be	AUX
ajfa-6062	91	8	more	more	ADV
ajfa-6062	91	9	likely	likely	ADJ
ajfa-6062	91	10	to	to	PART
ajfa-6062	91	11	measure	measure	VERB
ajfa-6062	91	12	noise	noise	NOUN
ajfa-6062	91	13	or	or	CCONJ
ajfa-6062	91	14	sentiment	sentiment	NOUN
ajfa-6062	91	15	because	because	SCONJ
ajfa-6062	91	16	the	the	DET
ajfa-6062	91	17	market	market	NOUN
ajfa-6062	91	18	had	have	AUX
ajfa-6062	91	19	incorporated	incorporate	VERB
ajfa-6062	91	20	internal	internal	ADJ
ajfa-6062	91	21	control	control	NOUN
ajfa-6062	91	22	information	information	NOUN
ajfa-6062	91	23	in	in	ADP
ajfa-6062	91	24	2004	2004	NUM
ajfa-6062	91	25	and	and	CCONJ
ajfa-6062	91	26	internal	internal	ADJ
ajfa-6062	91	27	control	control	NOUN
ajfa-6062	91	28	information	information	NOUN
ajfa-6062	91	29	is	be	AUX
ajfa-6062	91	30	no	no	ADV
ajfa-6062	91	31	longer	long	ADV
ajfa-6062	91	32	new	new	ADJ
ajfa-6062	91	33	to	to	ADP
ajfa-6062	91	34	the	the	DET
ajfa-6062	91	35	market	market	NOUN
ajfa-6062	91	36	.	.	PUNCT
ajfa-6062	92	1	therefore	therefore	ADV
ajfa-6062	92	2	,	,	PUNCT
ajfa-6062	92	3	auditors	auditor	NOUN
ajfa-6062	92	4	are	be	AUX
ajfa-6062	92	5	less	less	ADV
ajfa-6062	92	6	likely	likely	ADJ
ajfa-6062	92	7	to	to	PART
ajfa-6062	92	8	respond	respond	VERB
ajfa-6062	92	9	to	to	ADP
ajfa-6062	92	10	internal	internal	ADJ
ajfa-6062	92	11	control	control	NOUN
ajfa-6062	92	12	information	information	NOUN
ajfa-6062	92	13	as	as	SCONJ
ajfa-6062	92	14	they	they	PRON
ajfa-6062	92	15	did	do	VERB
ajfa-6062	92	16	for	for	ADP
ajfa-6062	92	17	the	the	DET
ajfa-6062	92	18	first	first	ADJ
ajfa-6062	92	19	time	time	NOUN
ajfa-6062	92	20	in	in	ADP
ajfa-6062	92	21	2004	2004	NUM
ajfa-6062	92	22	unless	unless	SCONJ
ajfa-6062	92	23	there	there	PRON
ajfa-6062	92	24	are	be	VERB
ajfa-6062	92	25	significant	significant	ADJ
ajfa-6062	92	26	changes	change	NOUN
ajfa-6062	92	27	in	in	ADP
ajfa-6062	92	28	the	the	DET
ajfa-6062	92	29	internal	internal	ADJ
ajfa-6062	92	30	control	control	NOUN
ajfa-6062	92	31	of	of	ADP
ajfa-6062	92	32	their	their	PRON
ajfa-6062	92	33	clients	client	NOUN
ajfa-6062	92	34	.	.	PUNCT
ajfa-6062	93	1	it	it	PRON
ajfa-6062	93	2	is	be	AUX
ajfa-6062	93	3	assumed	assume	VERB
ajfa-6062	93	4	that	that	SCONJ
ajfa-6062	93	5	there	there	PRON
ajfa-6062	93	6	were	be	VERB
ajfa-6062	93	7	no	no	DET
ajfa-6062	93	8	significant	significant	ADJ
ajfa-6062	93	9	changes	change	NOUN
ajfa-6062	93	10	in	in	ADP
ajfa-6062	93	11	the	the	DET
ajfa-6062	93	12	internal	internal	ADJ
ajfa-6062	93	13	control	control	NOUN
ajfa-6062	93	14	in	in	ADP
ajfa-6062	93	15	2005	2005	NUM
ajfa-6062	93	16	and	and	CCONJ
ajfa-6062	93	17	2006	2006	NUM
ajfa-6062	93	18	compared	compare	VERB
ajfa-6062	93	19	with	with	ADP
ajfa-6062	93	20	2004	2004	NUM
ajfa-6062	93	21	,	,	PUNCT
ajfa-6062	93	22	and	and	CCONJ
ajfa-6062	93	23	thus	thus	ADV
ajfa-6062	93	24	there	there	PRON
ajfa-6062	93	25	were	be	VERB
ajfa-6062	93	26	no	no	DET
ajfa-6062	93	27	changes	change	NOUN
ajfa-6062	93	28	in	in	ADP
ajfa-6062	93	29	auditors	auditor	NOUN
ajfa-6062	93	30	’	’	PART
ajfa-6062	93	31	responses	response	NOUN
ajfa-6062	93	32	to	to	PART
ajfa-6062	93	33	risk	risk	VERB
ajfa-6062	93	34	assessment	assessment	NOUN
ajfa-6062	93	35	,	,	PUNCT
ajfa-6062	93	36	audit	audit	NOUN
ajfa-6062	93	37	effort	effort	NOUN
ajfa-6062	93	38	and	and	CCONJ
ajfa-6062	93	39	,	,	PUNCT
ajfa-6062	93	40	as	as	ADP
ajfa-6062	93	41	a	a	DET
ajfa-6062	93	42	result	result	NOUN
ajfa-6062	93	43	,	,	PUNCT
ajfa-6062	93	44	audit	audit	NOUN
ajfa-6062	93	45	fees	fee	NOUN
ajfa-6062	93	46	,	,	PUNCT
ajfa-6062	93	47	which	which	PRON
ajfa-6062	93	48	leads	lead	VERB
ajfa-6062	93	49	to	to	ADP
ajfa-6062	93	50	the	the	DET
ajfa-6062	93	51	second	second	ADJ
ajfa-6062	93	52	hypothesis	hypothesis	NOUN
ajfa-6062	93	53	.	.	PUNCT
ajfa-6062	94	1	hypothesis	hypothesis	NOUN
ajfa-6062	94	2	2	2	NUM
ajfa-6062	94	3	:	:	PUNCT
ajfa-6062	94	4	there	there	PRON
ajfa-6062	94	5	was	be	VERB
ajfa-6062	94	6	no	no	DET
ajfa-6062	94	7	significant	significant	ADJ
ajfa-6062	94	8	relation	relation	NOUN
ajfa-6062	94	9	between	between	ADP
ajfa-6062	94	10	audit	audit	NOUN
ajfa-6062	94	11	fees	fee	NOUN
ajfa-6062	94	12	and	and	CCONJ
ajfa-6062	94	13	syn	syn	NOUN
ajfa-6062	94	14	in	in	ADP
ajfa-6062	94	15	2005	2005	NUM
ajfa-6062	94	16	and	and	CCONJ
ajfa-6062	94	17	2006	2006	NUM
ajfa-6062	94	18	.	.	PUNCT
ajfa-6062	95	1	4	4	X
ajfa-6062	95	2	.	.	X
ajfa-6062	95	3	methodology	methodology	NOUN
ajfa-6062	95	4	4.1	4.1	NUM
ajfa-6062	95	5	stock	stock	NOUN
ajfa-6062	95	6	price	price	NOUN
ajfa-6062	95	7	synchronicity	synchronicity	NOUN
ajfa-6062	95	8	syn	syn	NOUN
ajfa-6062	95	9	measures	measure	VERB
ajfa-6062	95	10	how	how	SCONJ
ajfa-6062	95	11	firms	firm	NOUN
ajfa-6062	95	12	’	'	PUNCT
ajfa-6062	95	13	stock	stock	NOUN
ajfa-6062	95	14	returns	return	NOUN
ajfa-6062	95	15	are	be	AUX
ajfa-6062	95	16	closely	closely	ADV
ajfa-6062	95	17	tied	tie	VERB
ajfa-6062	95	18	to	to	ADP
ajfa-6062	95	19	market	market	NOUN
ajfa-6062	95	20	and	and	CCONJ
ajfa-6062	95	21	industry	industry	NOUN
ajfa-6062	95	22	returns	return	NOUN
ajfa-6062	95	23	.	.	PUNCT
ajfa-6062	96	1	following	follow	VERB
ajfa-6062	96	2	prior	prior	ADJ
ajfa-6062	96	3	research	research	NOUN
ajfa-6062	96	4	works	work	NOUN
ajfa-6062	96	5	(	(	PUNCT
ajfa-6062	96	6	e.g.	e.g.	ADV
ajfa-6062	96	7	morck	morck	PROPN
ajfa-6062	96	8	et	et	PROPN
ajfa-6062	96	9	al	al	PROPN
ajfa-6062	96	10	.	.	PROPN
ajfa-6062	96	11	,	,	PUNCT
ajfa-6062	96	12	2000	2000	NUM
ajfa-6062	96	13	;	;	PUNCT
ajfa-6062	96	14	durnev	durnev	NOUN
ajfa-6062	96	15	et	et	PROPN
ajfa-6062	96	16	al	al	PROPN
ajfa-6062	96	17	.	.	PROPN
ajfa-6062	96	18	,	,	PUNCT
ajfa-6062	96	19	2003	2003	NUM
ajfa-6062	96	20	;	;	PUNCT
ajfa-6062	96	21	durnev	durnev	PROPN
ajfa-6062	96	22	et	et	PROPN
ajfa-6062	96	23	al	al	PROPN
ajfa-6062	96	24	.	.	PROPN
ajfa-6062	96	25	,	,	PUNCT
ajfa-6062	96	26	2004	2004	NUM
ajfa-6062	96	27	)	)	PUNCT
ajfa-6062	96	28	,	,	PUNCT
ajfa-6062	96	29	the	the	DET
ajfa-6062	96	30	syn	syn	NOUN
ajfa-6062	96	31	measure	measure	NOUN
ajfa-6062	96	32	is	be	AUX
ajfa-6062	96	33	derived	derive	VERB
ajfa-6062	96	34	from	from	ADP
ajfa-6062	96	35	the	the	DET
ajfa-6062	96	36	r2	r2	NOUN
ajfa-6062	96	37	of	of	ADP
ajfa-6062	96	38	the	the	DET
ajfa-6062	96	39	following	follow	VERB
ajfa-6062	96	40	regression	regression	NOUN
ajfa-6062	96	41	:	:	PUNCT
ajfa-6062	96	42	ret	ret	PROPN
ajfa-6062	96	43	=	=	PUNCT
ajfa-6062	96	44	a	a	DET
ajfa-6062	96	45	+	+	NUM
ajfa-6062	96	46	b1marett	b1marett	NOUN
ajfa-6062	96	47	+	+	CCONJ
ajfa-6062	96	48	b3indrett	b3indrett	PROPN
ajfa-6062	96	49	+	+	CCONJ
ajfa-6062	96	50	ε	ε	PROPN
ajfa-6062	96	51	(	(	PUNCT
ajfa-6062	96	52	1	1	NUM
ajfa-6062	96	53	)	)	PUNCT
ajfa-6062	96	54	the	the	DET
ajfa-6062	96	55	weekly	weekly	ADJ
ajfa-6062	96	56	return	return	NOUN
ajfa-6062	96	57	(	(	PUNCT
ajfa-6062	96	58	ret	ret	NOUN
ajfa-6062	96	59	)	)	PUNCT
ajfa-6062	96	60	of	of	ADP
ajfa-6062	96	61	each	each	DET
ajfa-6062	96	62	firm	firm	NOUN
ajfa-6062	96	63	is	be	AUX
ajfa-6062	96	64	defined	define	VERB
ajfa-6062	96	65	as	as	ADP
ajfa-6062	96	66	the	the	DET
ajfa-6062	96	67	compounded	compound	VERB
ajfa-6062	96	68	return	return	NOUN
ajfa-6062	96	69	over	over	ADP
ajfa-6062	96	70	five	five	NUM
ajfa-6062	96	71	consecutive	consecutive	ADJ
ajfa-6062	96	72	trading	trading	NOUN
ajfa-6062	96	73	days	day	NOUN
ajfa-6062	96	74	within	within	ADP
ajfa-6062	96	75	each	each	DET
ajfa-6062	96	76	week	week	NOUN
ajfa-6062	96	77	.	.	PUNCT
ajfa-6062	97	1	each	each	DET
ajfa-6062	97	2	firm	firm	NOUN
ajfa-6062	97	3	’s	’s	PART
ajfa-6062	97	4	weekly	weekly	ADJ
ajfa-6062	97	5	industry	industry	NOUN
ajfa-6062	97	6	return	return	NOUN
ajfa-6062	97	7	(	(	PUNCT
ajfa-6062	97	8	indret	indret	ADJ
ajfa-6062	97	9	)	)	PUNCT
ajfa-6062	97	10	is	be	AUX
ajfa-6062	97	11	asian	asian	ADJ
ajfa-6062	97	12	journal	journal	NOUN
ajfa-6062	97	13	of	of	ADP
ajfa-6062	97	14	finance	finance	PROPN
ajfa-6062	97	15	&	&	CCONJ
ajfa-6062	97	16	accounting	accounting	PROPN
ajfa-6062	97	17	issn	issn	PROPN
ajfa-6062	97	18	1946	1946	NUM
ajfa-6062	97	19	-	-	PUNCT
ajfa-6062	97	20	052x	052x	PROPN
ajfa-6062	97	21	2014	2014	NUM
ajfa-6062	97	22	,	,	PUNCT
ajfa-6062	97	23	vol	vol	NOUN
ajfa-6062	97	24	.	.	PROPN
ajfa-6062	98	1	6	6	NUM
ajfa-6062	98	2	,	,	PUNCT
ajfa-6062	98	3	no	no	INTJ
ajfa-6062	98	4	.	.	NOUN
ajfa-6062	98	5	2	2	NUM
ajfa-6062	98	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6062	98	7	92	92	NUM
ajfa-6062	98	8	calculated	calculate	VERB
ajfa-6062	98	9	as	as	ADP
ajfa-6062	98	10	the	the	DET
ajfa-6062	98	11	value	value	NOUN
ajfa-6062	98	12	-	-	PUNCT
ajfa-6062	98	13	weighted	weight	VERB
ajfa-6062	98	14	average	average	NOUN
ajfa-6062	98	15	of	of	ADP
ajfa-6062	98	16	firms	firm	NOUN
ajfa-6062	98	17	’	’	PART
ajfa-6062	98	18	weekly	weekly	ADJ
ajfa-6062	98	19	returns	return	NOUN
ajfa-6062	98	20	,	,	PUNCT
ajfa-6062	98	21	using	use	VERB
ajfa-6062	98	22	all	all	DET
ajfa-6062	98	23	firms	firm	NOUN
ajfa-6062	98	24	within	within	ADP
ajfa-6062	98	25	the	the	DET
ajfa-6062	98	26	same	same	ADJ
ajfa-6062	98	27	two	two	NUM
ajfa-6062	98	28	-	-	PUNCT
ajfa-6062	98	29	digit	digit	NOUN
ajfa-6062	98	30	sic	sic	ADJ
ajfa-6062	98	31	code	code	NOUN
ajfa-6062	98	32	excluding	exclude	VERB
ajfa-6062	98	33	the	the	DET
ajfa-6062	98	34	firm	firm	NOUN
ajfa-6062	98	35	in	in	ADP
ajfa-6062	98	36	question	question	NOUN
ajfa-6062	98	37	.	.	PUNCT
ajfa-6062	99	1	for	for	ADP
ajfa-6062	99	2	each	each	DET
ajfa-6062	99	3	firm	firm	ADJ
ajfa-6062	99	4	year	year	NOUN
ajfa-6062	99	5	’s	’s	PART
ajfa-6062	99	6	observations	observation	NOUN
ajfa-6062	99	7	,	,	PUNCT
ajfa-6062	99	8	weekly	weekly	ADJ
ajfa-6062	99	9	returns	return	NOUN
ajfa-6062	99	10	are	be	AUX
ajfa-6062	99	11	regressed	regress	VERB
ajfa-6062	99	12	on	on	ADP
ajfa-6062	99	13	the	the	DET
ajfa-6062	99	14	value	value	NOUN
ajfa-6062	99	15	-	-	PUNCT
ajfa-6062	99	16	weighted	weight	VERB
ajfa-6062	99	17	market	market	NOUN
ajfa-6062	99	18	returns	return	NOUN
ajfa-6062	99	19	and	and	CCONJ
ajfa-6062	99	20	value	value	NOUN
ajfa-6062	99	21	-	-	PUNCT
ajfa-6062	99	22	weighted	weight	VERB
ajfa-6062	99	23	two	two	NUM
ajfa-6062	99	24	-	-	PUNCT
ajfa-6062	99	25	digit	digit	NOUN
ajfa-6062	99	26	sic	sic	ADJ
ajfa-6062	99	27	industry	industry	NOUN
ajfa-6062	99	28	returns	return	NOUN
ajfa-6062	99	29	.	.	PUNCT
ajfa-6062	100	1	according	accord	VERB
ajfa-6062	100	2	to	to	ADP
ajfa-6062	100	3	piotroski	piotroski	NOUN
ajfa-6062	100	4	and	and	CCONJ
ajfa-6062	100	5	roulstone	roulstone	NOUN
ajfa-6062	100	6	(	(	PUNCT
ajfa-6062	100	7	2004	2004	NUM
ajfa-6062	100	8	)	)	PUNCT
ajfa-6062	100	9	,	,	PUNCT
ajfa-6062	100	10	a	a	DET
ajfa-6062	100	11	minimum	minimum	NOUN
ajfa-6062	100	12	of	of	ADP
ajfa-6062	100	13	45	45	NUM
ajfa-6062	100	14	weekly	weekly	ADJ
ajfa-6062	100	15	observations	observation	NOUN
ajfa-6062	100	16	is	be	AUX
ajfa-6062	100	17	required	require	VERB
ajfa-6062	100	18	for	for	ADP
ajfa-6062	100	19	each	each	DET
ajfa-6062	100	20	firm	firm	ADJ
ajfa-6062	100	21	year	year	NOUN
ajfa-6062	100	22	to	to	PART
ajfa-6062	100	23	retain	retain	VERB
ajfa-6062	100	24	sufficient	sufficient	ADJ
ajfa-6062	100	25	observations	observation	NOUN
ajfa-6062	100	26	for	for	ADP
ajfa-6062	100	27	regression	regression	NOUN
ajfa-6062	100	28	by	by	ADP
ajfa-6062	100	29	each	each	DET
ajfa-6062	100	30	firm	firm	ADJ
ajfa-6062	100	31	year	year	NOUN
ajfa-6062	100	32	.	.	PUNCT
ajfa-6062	101	1	stock	stock	NOUN
ajfa-6062	101	2	price	price	NOUN
ajfa-6062	101	3	synchronicity	synchronicity	NOUN
ajfa-6062	101	4	(	(	PUNCT
ajfa-6062	101	5	syn	syn	NOUN
ajfa-6062	101	6	)	)	PUNCT
ajfa-6062	101	7	is	be	AUX
ajfa-6062	101	8	defined	define	VERB
ajfa-6062	101	9	as	as	SCONJ
ajfa-6062	101	10	follows	follow	VERB
ajfa-6062	101	11	:	:	PUNCT
ajfa-6062	101	12	syn=	syn=	PROPN
ajfa-6062	101	13	log(r2/(1	log(r2/(1	PROPN
ajfa-6062	101	14	-	-	PUNCT
ajfa-6062	101	15	r2	r2	NOUN
ajfa-6062	101	16	)	)	PUNCT
ajfa-6062	101	17	)	)	PUNCT
ajfa-6062	101	18	where	where	SCONJ
ajfa-6062	101	19	r2	r2	PROPN
ajfa-6062	101	20	is	be	AUX
ajfa-6062	101	21	the	the	DET
ajfa-6062	101	22	coefficient	coefficient	NOUN
ajfa-6062	101	23	of	of	ADP
ajfa-6062	101	24	determination	determination	NOUN
ajfa-6062	101	25	from	from	ADP
ajfa-6062	101	26	the	the	DET
ajfa-6062	101	27	estimation	estimation	NOUN
ajfa-6062	101	28	of	of	ADP
ajfa-6062	101	29	the	the	DET
ajfa-6062	101	30	above	above	ADJ
ajfa-6062	101	31	equation	equation	NOUN
ajfa-6062	101	32	(	(	PUNCT
ajfa-6062	101	33	1	1	NUM
ajfa-6062	101	34	)	)	PUNCT
ajfa-6062	101	35	.	.	PUNCT
ajfa-6062	102	1	4.2	4.2	NUM
ajfa-6062	102	2	auditing	auditing	NOUN
ajfa-6062	102	3	pricing	pricing	NOUN
ajfa-6062	102	4	model	model	NOUN
ajfa-6062	102	5	simunic	simunic	PROPN
ajfa-6062	102	6	(	(	PUNCT
ajfa-6062	102	7	1980	1980	NUM
ajfa-6062	102	8	)	)	PUNCT
ajfa-6062	102	9	regarded	regard	VERB
ajfa-6062	102	10	audit	audit	NOUN
ajfa-6062	102	11	service	service	NOUN
ajfa-6062	102	12	as	as	ADP
ajfa-6062	102	13	economic	economic	ADJ
ajfa-6062	102	14	goods	good	NOUN
ajfa-6062	102	15	to	to	ADP
ajfa-6062	102	16	the	the	DET
ajfa-6062	102	17	auditee	auditee	NOUN
ajfa-6062	102	18	(	(	PUNCT
ajfa-6062	102	19	i.e.	i.e.	X
ajfa-6062	102	20	the	the	DET
ajfa-6062	102	21	client	client	NOUN
ajfa-6062	102	22	)	)	PUNCT
ajfa-6062	102	23	and	and	CCONJ
ajfa-6062	102	24	built	build	VERB
ajfa-6062	102	25	a	a	DET
ajfa-6062	102	26	positive	positive	ADJ
ajfa-6062	102	27	analytical	analytical	ADJ
ajfa-6062	102	28	model	model	NOUN
ajfa-6062	102	29	in	in	ADP
ajfa-6062	102	30	which	which	PRON
ajfa-6062	102	31	an	an	DET
ajfa-6062	102	32	auditor	auditor	NOUN
ajfa-6062	102	33	,	,	PUNCT
ajfa-6062	102	34	as	as	ADP
ajfa-6062	102	35	a	a	DET
ajfa-6062	102	36	supplier	supplier	NOUN
ajfa-6062	102	37	of	of	ADP
ajfa-6062	102	38	a	a	DET
ajfa-6062	102	39	service	service	NOUN
ajfa-6062	102	40	,	,	PUNCT
ajfa-6062	102	41	performs	perform	VERB
ajfa-6062	102	42	the	the	DET
ajfa-6062	102	43	work	work	NOUN
ajfa-6062	102	44	under	under	ADP
ajfa-6062	102	45	the	the	DET
ajfa-6062	102	46	demands	demand	NOUN
ajfa-6062	102	47	of	of	ADP
ajfa-6062	102	48	a	a	DET
ajfa-6062	102	49	customer	customer	NOUN
ajfa-6062	102	50	.	.	PUNCT
ajfa-6062	103	1	for	for	ADP
ajfa-6062	103	2	the	the	DET
ajfa-6062	103	3	customer	customer	NOUN
ajfa-6062	103	4	(	(	PUNCT
ajfa-6062	103	5	i.e.	i.e.	X
ajfa-6062	103	6	auditee	auditee	NOUN
ajfa-6062	103	7	)	)	PUNCT
ajfa-6062	103	8	,	,	PUNCT
ajfa-6062	103	9	the	the	DET
ajfa-6062	103	10	consumption	consumption	NOUN
ajfa-6062	103	11	of	of	ADP
ajfa-6062	103	12	auditing	auditing	NOUN
ajfa-6062	103	13	and	and	CCONJ
ajfa-6062	103	14	the	the	DET
ajfa-6062	103	15	consumption	consumption	NOUN
ajfa-6062	103	16	of	of	ADP
ajfa-6062	103	17	internal	internal	ADJ
ajfa-6062	103	18	accounting	accounting	NOUN
ajfa-6062	103	19	control	control	NOUN
ajfa-6062	103	20	system	system	NOUN
ajfa-6062	103	21	are	be	AUX
ajfa-6062	103	22	mutual	mutual	ADJ
ajfa-6062	103	23	substitutes	substitute	NOUN
ajfa-6062	103	24	and	and	CCONJ
ajfa-6062	103	25	complements	complement	NOUN
ajfa-6062	103	26	.	.	PUNCT
ajfa-6062	104	1	moreover	moreover	ADV
ajfa-6062	104	2	,	,	PUNCT
ajfa-6062	104	3	the	the	DET
ajfa-6062	104	4	demand	demand	NOUN
ajfa-6062	104	5	for	for	ADP
ajfa-6062	104	6	auditing	auditing	NOUN
ajfa-6062	104	7	or	or	CCONJ
ajfa-6062	104	8	internal	internal	ADJ
ajfa-6062	104	9	accounting	accounting	NOUN
ajfa-6062	104	10	control	control	NOUN
ajfa-6062	104	11	systems	system	NOUN
ajfa-6062	104	12	is	be	AUX
ajfa-6062	104	13	affected	affect	VERB
ajfa-6062	104	14	by	by	ADP
ajfa-6062	104	15	the	the	DET
ajfa-6062	104	16	potential	potential	ADJ
ajfa-6062	104	17	legal	legal	ADJ
ajfa-6062	104	18	liability	liability	NOUN
ajfa-6062	104	19	of	of	ADP
ajfa-6062	104	20	auditees	auditee	NOUN
ajfa-6062	104	21	and	and	CCONJ
ajfa-6062	104	22	auditors	auditor	NOUN
ajfa-6062	104	23	to	to	ADP
ajfa-6062	104	24	third	third	ADJ
ajfa-6062	104	25	-	-	PUNCT
ajfa-6062	104	26	party	party	NOUN
ajfa-6062	104	27	users	user	NOUN
ajfa-6062	104	28	of	of	ADP
ajfa-6062	104	29	financial	financial	ADJ
ajfa-6062	104	30	statements	statement	NOUN
ajfa-6062	104	31	(	(	PUNCT
ajfa-6062	104	32	i.e.	i.e.	X
ajfa-6062	104	33	litigation	litigation	NOUN
ajfa-6062	104	34	risk	risk	NOUN
ajfa-6062	104	35	)	)	PUNCT
ajfa-6062	104	36	.	.	PUNCT
ajfa-6062	105	1	regarding	regard	VERB
ajfa-6062	105	2	auditors	auditor	NOUN
ajfa-6062	105	3	and	and	CCONJ
ajfa-6062	105	4	auditees	auditee	NOUN
ajfa-6062	105	5	,	,	PUNCT
ajfa-6062	105	6	simunic	simunic	ADJ
ajfa-6062	105	7	(	(	PUNCT
ajfa-6062	105	8	1980	1980	NUM
ajfa-6062	105	9	)	)	PUNCT
ajfa-6062	105	10	assumed	assume	VERB
ajfa-6062	105	11	that	that	SCONJ
ajfa-6062	105	12	1	1	X
ajfa-6062	105	13	)	)	PUNCT
ajfa-6062	105	14	both	both	DET
ajfa-6062	105	15	auditors	auditor	NOUN
ajfa-6062	105	16	and	and	CCONJ
ajfa-6062	105	17	auditees	auditee	NOUN
ajfa-6062	105	18	are	be	AUX
ajfa-6062	105	19	risk	risk	NOUN
ajfa-6062	105	20	-	-	PUNCT
ajfa-6062	105	21	neutral	neutral	ADJ
ajfa-6062	105	22	and	and	CCONJ
ajfa-6062	105	23	maximize	maximize	VERB
ajfa-6062	105	24	their	their	PRON
ajfa-6062	105	25	expected	expect	VERB
ajfa-6062	105	26	profits	profit	NOUN
ajfa-6062	105	27	;	;	PUNCT
ajfa-6062	105	28	and	and	CCONJ
ajfa-6062	105	29	2	2	X
ajfa-6062	105	30	)	)	PUNCT
ajfa-6062	105	31	auditors	auditor	NOUN
ajfa-6062	105	32	and	and	CCONJ
ajfa-6062	105	33	auditees	auditee	NOUN
ajfa-6062	105	34	jointly	jointly	ADV
ajfa-6062	105	35	share	share	VERB
ajfa-6062	105	36	their	their	PRON
ajfa-6062	105	37	proportion	proportion	NOUN
ajfa-6062	105	38	of	of	ADP
ajfa-6062	105	39	users	user	NOUN
ajfa-6062	105	40	’	'	PUNCT
ajfa-6062	105	41	financial	financial	ADJ
ajfa-6062	105	42	losses	loss	NOUN
ajfa-6062	105	43	caused	cause	VERB
ajfa-6062	105	44	by	by	ADP
ajfa-6062	105	45	omissions	omission	NOUN
ajfa-6062	105	46	or	or	CCONJ
ajfa-6062	105	47	misrepresentations	misrepresentation	NOUN
ajfa-6062	105	48	in	in	ADP
ajfa-6062	105	49	audited	audit	VERB
ajfa-6062	105	50	financial	financial	ADJ
ajfa-6062	105	51	statements2	statements2	NOUN
ajfa-6062	105	52	.	.	PUNCT
ajfa-6062	106	1	under	under	ADP
ajfa-6062	106	2	these	these	DET
ajfa-6062	106	3	assumptions	assumption	NOUN
ajfa-6062	106	4	,	,	PUNCT
ajfa-6062	106	5	the	the	DET
ajfa-6062	106	6	marginal	marginal	ADJ
ajfa-6062	106	7	benefit	benefit	NOUN
ajfa-6062	106	8	(	(	PUNCT
ajfa-6062	106	9	or	or	CCONJ
ajfa-6062	106	10	loss	loss	NOUN
ajfa-6062	106	11	avoidance	avoidance	NOUN
ajfa-6062	106	12	)	)	PUNCT
ajfa-6062	106	13	of	of	ADP
ajfa-6062	106	14	an	an	DET
ajfa-6062	106	15	internal	internal	ADJ
ajfa-6062	106	16	accounting	accounting	NOUN
ajfa-6062	106	17	system	system	NOUN
ajfa-6062	106	18	(	(	PUNCT
ajfa-6062	106	19	auditing	auditing	NOUN
ajfa-6062	106	20	)	)	PUNCT
ajfa-6062	106	21	is	be	AUX
ajfa-6062	106	22	decreasing	decrease	VERB
ajfa-6062	106	23	at	at	ADP
ajfa-6062	106	24	an	an	DET
ajfa-6062	106	25	increasing	increase	VERB
ajfa-6062	106	26	rate	rate	NOUN
ajfa-6062	106	27	with	with	ADP
ajfa-6062	106	28	more	more	ADJ
ajfa-6062	106	29	input	input	NOUN
ajfa-6062	106	30	of	of	ADP
ajfa-6062	106	31	auditing	auditing	NOUN
ajfa-6062	106	32	(	(	PUNCT
ajfa-6062	106	33	internal	internal	ADJ
ajfa-6062	106	34	accounting	accounting	NOUN
ajfa-6062	106	35	control	control	NOUN
ajfa-6062	106	36	)	)	PUNCT
ajfa-6062	106	37	.	.	PUNCT
ajfa-6062	107	1	thus	thus	ADV
ajfa-6062	107	2	,	,	PUNCT
ajfa-6062	107	3	the	the	DET
ajfa-6062	107	4	equilibrium	equilibrium	NOUN
ajfa-6062	107	5	demand	demand	NOUN
ajfa-6062	107	6	for	for	ADP
ajfa-6062	107	7	auditing	auditing	NOUN
ajfa-6062	107	8	service	service	NOUN
ajfa-6062	107	9	is	be	AUX
ajfa-6062	107	10	determined	determine	VERB
ajfa-6062	107	11	by	by	ADP
ajfa-6062	107	12	the	the	DET
ajfa-6062	107	13	marginal	marginal	ADJ
ajfa-6062	107	14	benefit	benefit	NOUN
ajfa-6062	107	15	and	and	CCONJ
ajfa-6062	107	16	the	the	DET
ajfa-6062	107	17	cost	cost	NOUN
ajfa-6062	107	18	of	of	ADP
ajfa-6062	107	19	the	the	DET
ajfa-6062	107	20	auditing	auditing	NOUN
ajfa-6062	107	21	/	/	SYM
ajfa-6062	107	22	internal	internal	ADJ
ajfa-6062	107	23	accounting	accounting	NOUN
ajfa-6062	107	24	control	control	NOUN
ajfa-6062	107	25	system	system	NOUN
ajfa-6062	107	26	.	.	PUNCT
ajfa-6062	108	1	the	the	DET
ajfa-6062	108	2	equilibrium	equilibrium	NOUN
ajfa-6062	108	3	demand	demand	NOUN
ajfa-6062	108	4	for	for	ADP
ajfa-6062	108	5	auditing	auditing	NOUN
ajfa-6062	108	6	shows	show	VERB
ajfa-6062	108	7	that	that	SCONJ
ajfa-6062	108	8	audit	audit	NOUN
ajfa-6062	108	9	pricing	pricing	NOUN
ajfa-6062	108	10	is	be	AUX
ajfa-6062	108	11	determined	determine	VERB
ajfa-6062	108	12	by	by	ADP
ajfa-6062	108	13	the	the	DET
ajfa-6062	108	14	loss	loss	NOUN
ajfa-6062	108	15	exposure	exposure	NOUN
ajfa-6062	108	16	of	of	ADP
ajfa-6062	108	17	the	the	DET
ajfa-6062	108	18	auditee	auditee	NOUN
ajfa-6062	108	19	,	,	PUNCT
ajfa-6062	108	20	the	the	DET
ajfa-6062	108	21	loss	loss	NOUN
ajfa-6062	108	22	-	-	PUNCT
ajfa-6062	108	23	sharing	share	VERB
ajfa-6062	108	24	ratio	ratio	NOUN
ajfa-6062	108	25	between	between	ADP
ajfa-6062	108	26	auditors	auditor	NOUN
ajfa-6062	108	27	and	and	CCONJ
ajfa-6062	108	28	auditees	auditee	NOUN
ajfa-6062	108	29	,	,	PUNCT
ajfa-6062	108	30	and	and	CCONJ
ajfa-6062	108	31	auditors	auditor	NOUN
ajfa-6062	108	32	’	’	PART
ajfa-6062	108	33	production	production	NOUN
ajfa-6062	108	34	functions	function	NOUN
ajfa-6062	108	35	(	(	PUNCT
ajfa-6062	108	36	simunic	simunic	ADJ
ajfa-6062	108	37	,	,	PUNCT
ajfa-6062	108	38	1980	1980	NUM
ajfa-6062	108	39	)	)	PUNCT
ajfa-6062	108	40	.	.	PUNCT
ajfa-6062	109	1	regarding	regard	VERB
ajfa-6062	109	2	the	the	DET
ajfa-6062	109	3	loss	loss	NOUN
ajfa-6062	109	4	exposure	exposure	NOUN
ajfa-6062	109	5	of	of	ADP
ajfa-6062	109	6	the	the	DET
ajfa-6062	109	7	auditee	auditee	NOUN
ajfa-6062	109	8	,	,	PUNCT
ajfa-6062	109	9	it	it	PRON
ajfa-6062	109	10	increases	increase	VERB
ajfa-6062	109	11	litigation	litigation	NOUN
ajfa-6062	109	12	risk	risk	NOUN
ajfa-6062	109	13	(	(	PUNCT
ajfa-6062	109	14	i.e.	i.e.	X
ajfa-6062	109	15	the	the	DET
ajfa-6062	109	16	possibility	possibility	NOUN
ajfa-6062	109	17	of	of	ADP
ajfa-6062	109	18	undetected	undetected	ADJ
ajfa-6062	109	19	omissions	omission	NOUN
ajfa-6062	109	20	or	or	CCONJ
ajfa-6062	109	21	material	material	NOUN
ajfa-6062	109	22	misstatements	misstatement	NOUN
ajfa-6062	109	23	in	in	ADP
ajfa-6062	109	24	financial	financial	ADJ
ajfa-6062	109	25	statements	statement	NOUN
ajfa-6062	109	26	discovered	discover	VERB
ajfa-6062	109	27	after	after	ADP
ajfa-6062	109	28	auditors	auditor	NOUN
ajfa-6062	109	29	issued	issue	VERB
ajfa-6062	109	30	their	their	PRON
ajfa-6062	109	31	opinion	opinion	NOUN
ajfa-6062	109	32	reports	report	NOUN
ajfa-6062	109	33	)	)	PUNCT
ajfa-6062	109	34	.	.	PUNCT
ajfa-6062	110	1	talking	talk	VERB
ajfa-6062	110	2	to	to	ADP
ajfa-6062	110	3	professionals	professional	NOUN
ajfa-6062	110	4	from	from	ADP
ajfa-6062	110	5	both	both	DET
ajfa-6062	110	6	audit	audit	NOUN
ajfa-6062	110	7	firms	firm	NOUN
ajfa-6062	110	8	and	and	CCONJ
ajfa-6062	110	9	insurance	insurance	NOUN
ajfa-6062	110	10	organizations	organization	NOUN
ajfa-6062	110	11	providing	provide	VERB
ajfa-6062	110	12	liability	liability	NOUN
ajfa-6062	110	13	coverage	coverage	NOUN
ajfa-6062	110	14	for	for	ADP
ajfa-6062	110	15	auditors	auditor	NOUN
ajfa-6062	110	16	,	,	PUNCT
ajfa-6062	110	17	simunic	simunic	ADJ
ajfa-6062	110	18	(	(	PUNCT
ajfa-6062	110	19	1980	1980	NUM
ajfa-6062	110	20	)	)	PUNCT
ajfa-6062	110	21	indentified	indentifie	VERB
ajfa-6062	110	22	and	and	CCONJ
ajfa-6062	110	23	measured	measure	VERB
ajfa-6062	110	24	five	five	NUM
ajfa-6062	110	25	determinant	determinant	ADJ
ajfa-6062	110	26	factors	factor	NOUN
ajfa-6062	110	27	in	in	ADP
ajfa-6062	110	28	loss	loss	NOUN
ajfa-6062	110	29	exposure	exposure	NOUN
ajfa-6062	110	30	.	.	PUNCT
ajfa-6062	111	1	the	the	DET
ajfa-6062	111	2	first	first	ADJ
ajfa-6062	111	3	factor	factor	NOUN
ajfa-6062	111	4	is	be	AUX
ajfa-6062	111	5	the	the	DET
ajfa-6062	111	6	client	client	NOUN
ajfa-6062	111	7	(	(	PUNCT
ajfa-6062	111	8	or	or	CCONJ
ajfa-6062	111	9	auditee	auditee	NOUN
ajfa-6062	111	10	)	)	PUNCT
ajfa-6062	111	11	size	size	NOUN
ajfa-6062	111	12	in	in	ADP
ajfa-6062	111	13	terms	term	NOUN
ajfa-6062	111	14	of	of	ADP
ajfa-6062	111	15	total	total	ADJ
ajfa-6062	111	16	assets	asset	NOUN
ajfa-6062	111	17	rather	rather	ADV
ajfa-6062	111	18	then	then	ADV
ajfa-6062	111	19	revenues	revenue	NOUN
ajfa-6062	111	20	.	.	PUNCT
ajfa-6062	112	1	because	because	SCONJ
ajfa-6062	112	2	auditing	auditing	NOUN
ajfa-6062	112	3	processes	process	NOUN
ajfa-6062	112	4	are	be	AUX
ajfa-6062	112	5	based	base	VERB
ajfa-6062	112	6	on	on	ADP
ajfa-6062	112	7	sampling	sampling	NOUN
ajfa-6062	112	8	,	,	PUNCT
ajfa-6062	112	9	increases	increase	NOUN
ajfa-6062	112	10	in	in	ADP
ajfa-6062	112	11	total	total	ADJ
ajfa-6062	112	12	assets	asset	NOUN
ajfa-6062	112	13	together	together	ADV
ajfa-6062	112	14	with	with	ADP
ajfa-6062	112	15	individual	individual	ADJ
ajfa-6062	112	16	components	component	NOUN
ajfa-6062	112	17	of	of	ADP
ajfa-6062	112	18	total	total	ADJ
ajfa-6062	112	19	assets	asset	NOUN
ajfa-6062	112	20	can	can	AUX
ajfa-6062	112	21	increase	increase	VERB
ajfa-6062	112	22	the	the	DET
ajfa-6062	112	23	sample	sample	NOUN
ajfa-6062	112	24	size	size	NOUN
ajfa-6062	112	25	required	require	VERB
ajfa-6062	112	26	to	to	PART
ajfa-6062	112	27	achieve	achieve	VERB
ajfa-6062	112	28	a	a	DET
ajfa-6062	112	29	given	give	VERB
ajfa-6062	112	30	confidence	confidence	NOUN
ajfa-6062	112	31	level	level	NOUN
ajfa-6062	112	32	.	.	PUNCT
ajfa-6062	113	1	the	the	DET
ajfa-6062	113	2	second	second	ADJ
ajfa-6062	113	3	factor	factor	NOUN
ajfa-6062	113	4	is	be	AUX
ajfa-6062	113	5	the	the	DET
ajfa-6062	113	6	client	client	NOUN
ajfa-6062	113	7	’s	’s	PART
ajfa-6062	113	8	business	business	NOUN
ajfa-6062	113	9	operation	operation	NOUN
ajfa-6062	113	10	complexity	complexity	NOUN
ajfa-6062	113	11	and	and	CCONJ
ajfa-6062	113	12	diversification	diversification	NOUN
ajfa-6062	113	13	,	,	PUNCT
ajfa-6062	113	14	with	with	SCONJ
ajfa-6062	113	15	complexity	complexity	NOUN
ajfa-6062	113	16	measured	measure	VERB
ajfa-6062	113	17	by	by	ADP
ajfa-6062	113	18	the	the	DET
ajfa-6062	113	19	number	number	NOUN
ajfa-6062	113	20	of	of	ADP
ajfa-6062	113	21	subsidiaries	subsidiary	NOUN
ajfa-6062	113	22	and	and	CCONJ
ajfa-6062	113	23	diversification	diversification	NOUN
ajfa-6062	113	24	2	2	NUM
ajfa-6062	113	25	section	section	NOUN
ajfa-6062	113	26	11(f	11(f	NUM
ajfa-6062	113	27	)	)	PUNCT
ajfa-6062	113	28	of	of	ADP
ajfa-6062	113	29	the	the	DET
ajfa-6062	113	30	securities	security	NOUN
ajfa-6062	113	31	act	act	PROPN
ajfa-6062	113	32	1933	1933	NUM
ajfa-6062	113	33	and	and	CCONJ
ajfa-6062	113	34	section	section	NOUN
ajfa-6062	113	35	18	18	NUM
ajfa-6062	113	36	(	(	PUNCT
ajfa-6062	113	37	b	b	NOUN
ajfa-6062	113	38	)	)	PUNCT
ajfa-6062	113	39	of	of	ADP
ajfa-6062	113	40	the	the	DET
ajfa-6062	113	41	securities	securities	PROPN
ajfa-6062	113	42	exchange	exchange	PROPN
ajfa-6062	113	43	act	act	NOUN
ajfa-6062	113	44	of	of	ADP
ajfa-6062	113	45	1934	1934	NUM
ajfa-6062	113	46	provide	provide	VERB
ajfa-6062	113	47	for	for	ADP
ajfa-6062	113	48	joint	joint	ADJ
ajfa-6062	113	49	and	and	CCONJ
ajfa-6062	113	50	several	several	ADJ
ajfa-6062	113	51	liability	liability	NOUN
ajfa-6062	113	52	on	on	ADP
ajfa-6062	113	53	the	the	DET
ajfa-6062	113	54	part	part	NOUN
ajfa-6062	113	55	of	of	ADP
ajfa-6062	113	56	auditees	auditee	NOUN
ajfa-6062	113	57	and	and	CCONJ
ajfa-6062	113	58	auditors	auditor	NOUN
ajfa-6062	113	59	.	.	PUNCT
ajfa-6062	114	1	under	under	ADP
ajfa-6062	114	2	these	these	DET
ajfa-6062	114	3	provisions	provision	NOUN
ajfa-6062	114	4	,	,	PUNCT
ajfa-6062	114	5	the	the	DET
ajfa-6062	114	6	entire	entire	ADJ
ajfa-6062	114	7	amount	amount	NOUN
ajfa-6062	114	8	of	of	ADP
ajfa-6062	114	9	damages	damage	NOUN
ajfa-6062	114	10	suffered	suffer	VERB
ajfa-6062	114	11	by	by	ADP
ajfa-6062	114	12	a	a	DET
ajfa-6062	114	13	third	third	ADJ
ajfa-6062	114	14	party	party	NOUN
ajfa-6062	114	15	can	can	AUX
ajfa-6062	114	16	be	be	AUX
ajfa-6062	114	17	controlled	control	VERB
ajfa-6062	114	18	from	from	ADP
ajfa-6062	114	19	any	any	DET
ajfa-6062	114	20	one	one	NUM
ajfa-6062	114	21	of	of	ADP
ajfa-6062	114	22	the	the	DET
ajfa-6062	114	23	liable	liable	ADJ
ajfa-6062	114	24	persons	person	NOUN
ajfa-6062	114	25	,	,	PUNCT
ajfa-6062	114	26	with	with	ADP
ajfa-6062	114	27	that	that	DET
ajfa-6062	114	28	person	person	NOUN
ajfa-6062	114	29	generally	generally	ADV
ajfa-6062	114	30	retaining	retain	VERB
ajfa-6062	114	31	rights	right	NOUN
ajfa-6062	114	32	to	to	PART
ajfa-6062	114	33	collect	collect	VERB
ajfa-6062	114	34	from	from	ADP
ajfa-6062	114	35	all	all	DET
ajfa-6062	114	36	other	other	ADJ
ajfa-6062	114	37	persons	person	NOUN
ajfa-6062	114	38	who	who	PRON
ajfa-6062	114	39	are	be	AUX
ajfa-6062	114	40	also	also	ADV
ajfa-6062	114	41	liable	liable	ADJ
ajfa-6062	114	42	.	.	PUNCT
ajfa-6062	115	1	asian	asian	ADJ
ajfa-6062	115	2	journal	journal	PROPN
ajfa-6062	115	3	of	of	ADP
ajfa-6062	115	4	finance	finance	PROPN
ajfa-6062	115	5	&	&	CCONJ
ajfa-6062	115	6	accounting	accounting	PROPN
ajfa-6062	115	7	issn	issn	PROPN
ajfa-6062	115	8	1946	1946	NUM
ajfa-6062	115	9	-	-	PUNCT
ajfa-6062	115	10	052x	052x	PROPN
ajfa-6062	115	11	2014	2014	NUM
ajfa-6062	115	12	,	,	PUNCT
ajfa-6062	115	13	vol	vol	NOUN
ajfa-6062	115	14	.	.	PROPN
ajfa-6062	116	1	6	6	NUM
ajfa-6062	116	2	,	,	PUNCT
ajfa-6062	116	3	no	no	INTJ
ajfa-6062	116	4	.	.	NOUN
ajfa-6062	116	5	2	2	NUM
ajfa-6062	116	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6062	116	7	93	93	NUM
ajfa-6062	116	8	measured	measure	VERB
ajfa-6062	116	9	by	by	ADP
ajfa-6062	116	10	the	the	DET
ajfa-6062	116	11	number	number	NOUN
ajfa-6062	116	12	of	of	ADP
ajfa-6062	116	13	business	business	NOUN
ajfa-6062	116	14	segments	segment	NOUN
ajfa-6062	116	15	(	(	PUNCT
ajfa-6062	116	16	i.e.	i.e.	X
ajfa-6062	116	17	two	two	NUM
ajfa-6062	116	18	-	-	PUNCT
ajfa-6062	116	19	digit	digit	NOUN
ajfa-6062	116	20	sic	sic	ADJ
ajfa-6062	116	21	industries	industry	NOUN
ajfa-6062	116	22	of	of	ADP
ajfa-6062	116	23	the	the	DET
ajfa-6062	116	24	client	client	NOUN
ajfa-6062	116	25	’s	’s	PART
ajfa-6062	116	26	operation	operation	NOUN
ajfa-6062	116	27	)	)	PUNCT
ajfa-6062	116	28	and	and	CCONJ
ajfa-6062	116	29	the	the	DET
ajfa-6062	116	30	percentage	percentage	NOUN
ajfa-6062	116	31	of	of	ADP
ajfa-6062	116	32	foreign	foreign	ADJ
ajfa-6062	116	33	assets	asset	NOUN
ajfa-6062	116	34	to	to	ADP
ajfa-6062	116	35	total	total	ADJ
ajfa-6062	116	36	assets	asset	NOUN
ajfa-6062	116	37	.	.	PUNCT
ajfa-6062	117	1	more	more	ADV
ajfa-6062	117	2	complex	complex	ADJ
ajfa-6062	117	3	and	and	CCONJ
ajfa-6062	117	4	diversified	diversified	ADJ
ajfa-6062	117	5	business	business	NOUN
ajfa-6062	117	6	operation	operation	NOUN
ajfa-6062	117	7	increases	increase	VERB
ajfa-6062	117	8	the	the	DET
ajfa-6062	117	9	number	number	NOUN
ajfa-6062	117	10	of	of	ADP
ajfa-6062	117	11	business	business	NOUN
ajfa-6062	117	12	decision	decision	NOUN
ajfa-6062	117	13	centers	center	NOUN
ajfa-6062	117	14	and	and	CCONJ
ajfa-6062	117	15	therefore	therefore	ADV
ajfa-6062	117	16	the	the	DET
ajfa-6062	117	17	loss	loss	NOUN
ajfa-6062	117	18	exposure	exposure	NOUN
ajfa-6062	117	19	.	.	PUNCT
ajfa-6062	118	1	the	the	DET
ajfa-6062	118	2	third	third	ADJ
ajfa-6062	118	3	factor	factor	NOUN
ajfa-6062	118	4	is	be	AUX
ajfa-6062	118	5	certain	certain	ADJ
ajfa-6062	118	6	high	high	ADJ
ajfa-6062	118	7	-	-	PUNCT
ajfa-6062	118	8	risk	risk	NOUN
ajfa-6062	118	9	line	line	NOUN
ajfa-6062	118	10	items	item	NOUN
ajfa-6062	118	11	of	of	ADP
ajfa-6062	118	12	financial	financial	ADJ
ajfa-6062	118	13	statements	statement	NOUN
ajfa-6062	118	14	(	(	PUNCT
ajfa-6062	118	15	e.g.	e.g.	ADV
ajfa-6062	118	16	inventory	inventory	NOUN
ajfa-6062	118	17	and	and	CCONJ
ajfa-6062	118	18	accounts	account	NOUN
ajfa-6062	118	19	receivables	receivables	NOUN
ajfa-6062	118	20	)	)	PUNCT
ajfa-6062	118	21	measured	measure	VERB
ajfa-6062	118	22	by	by	ADP
ajfa-6062	118	23	the	the	DET
ajfa-6062	118	24	ratio	ratio	NOUN
ajfa-6062	118	25	of	of	ADP
ajfa-6062	118	26	receivables	receivables	NOUN
ajfa-6062	118	27	to	to	ADP
ajfa-6062	118	28	total	total	ADJ
ajfa-6062	118	29	assets	asset	NOUN
ajfa-6062	118	30	or	or	CCONJ
ajfa-6062	118	31	the	the	DET
ajfa-6062	118	32	ratio	ratio	NOUN
ajfa-6062	118	33	of	of	ADP
ajfa-6062	118	34	inventory	inventory	NOUN
ajfa-6062	118	35	to	to	PART
ajfa-6062	118	36	total	total	VERB
ajfa-6062	118	37	assets3	assets3	NOUN
ajfa-6062	118	38	.	.	PUNCT
ajfa-6062	119	1	both	both	PRON
ajfa-6062	119	2	receivables	receivables	NOUN
ajfa-6062	119	3	and	and	CCONJ
ajfa-6062	119	4	inventory	inventory	NOUN
ajfa-6062	119	5	are	be	AUX
ajfa-6062	119	6	“	"	PUNCT
ajfa-6062	119	7	risky	risky	ADJ
ajfa-6062	119	8	”	"	PUNCT
ajfa-6062	119	9	items	item	NOUN
ajfa-6062	119	10	on	on	ADP
ajfa-6062	119	11	balance	balance	NOUN
ajfa-6062	119	12	sheets	sheet	NOUN
ajfa-6062	119	13	because	because	SCONJ
ajfa-6062	119	14	these	these	DET
ajfa-6062	119	15	items	item	NOUN
ajfa-6062	119	16	need	need	VERB
ajfa-6062	119	17	specific	specific	ADJ
ajfa-6062	119	18	confirmation	confirmation	NOUN
ajfa-6062	119	19	and	and	CCONJ
ajfa-6062	119	20	observation	observation	NOUN
ajfa-6062	119	21	auditing	auditing	NOUN
ajfa-6062	119	22	procedures	procedure	NOUN
ajfa-6062	119	23	and	and	CCONJ
ajfa-6062	119	24	the	the	DET
ajfa-6062	119	25	valuation	valuation	NOUN
ajfa-6062	119	26	of	of	ADP
ajfa-6062	119	27	these	these	DET
ajfa-6062	119	28	items	item	NOUN
ajfa-6062	119	29	is	be	AUX
ajfa-6062	119	30	based	base	VERB
ajfa-6062	119	31	on	on	ADP
ajfa-6062	119	32	assumptions	assumption	NOUN
ajfa-6062	119	33	of	of	ADP
ajfa-6062	119	34	forecasts	forecast	NOUN
ajfa-6062	119	35	on	on	ADP
ajfa-6062	119	36	future	future	ADJ
ajfa-6062	119	37	events	event	NOUN
ajfa-6062	119	38	.	.	PUNCT
ajfa-6062	120	1	the	the	DET
ajfa-6062	120	2	fourth	fourth	ADJ
ajfa-6062	120	3	factor	factor	NOUN
ajfa-6062	120	4	is	be	AUX
ajfa-6062	120	5	the	the	DET
ajfa-6062	120	6	industry	industry	NOUN
ajfa-6062	120	7	of	of	ADP
ajfa-6062	120	8	the	the	DET
ajfa-6062	120	9	client	client	NOUN
ajfa-6062	120	10	’s	’s	PART
ajfa-6062	120	11	operation	operation	NOUN
ajfa-6062	120	12	because	because	SCONJ
ajfa-6062	120	13	loss	loss	NOUN
ajfa-6062	120	14	exposure	exposure	NOUN
ajfa-6062	120	15	is	be	AUX
ajfa-6062	120	16	likely	likely	ADJ
ajfa-6062	120	17	to	to	PART
ajfa-6062	120	18	vary	vary	VERB
ajfa-6062	120	19	from	from	ADP
ajfa-6062	120	20	industry	industry	NOUN
ajfa-6062	120	21	to	to	ADP
ajfa-6062	120	22	industry	industry	NOUN
ajfa-6062	120	23	.	.	PUNCT
ajfa-6062	121	1	the	the	DET
ajfa-6062	121	2	fifth	fifth	ADJ
ajfa-6062	121	3	factor	factor	NOUN
ajfa-6062	121	4	is	be	AUX
ajfa-6062	121	5	the	the	DET
ajfa-6062	121	6	client	client	NOUN
ajfa-6062	121	7	status	status	NOUN
ajfa-6062	121	8	as	as	ADP
ajfa-6062	121	9	a	a	DET
ajfa-6062	121	10	publicly	publicly	ADV
ajfa-6062	121	11	listed	list	VERB
ajfa-6062	121	12	or	or	CCONJ
ajfa-6062	121	13	privately	privately	ADV
ajfa-6062	121	14	held	hold	VERB
ajfa-6062	121	15	company4	company4	PROPN
ajfa-6062	121	16	.	.	PUNCT
ajfa-6062	122	1	the	the	DET
ajfa-6062	122	2	loss	loss	NOUN
ajfa-6062	122	3	-	-	PUNCT
ajfa-6062	122	4	sharing	share	VERB
ajfa-6062	122	5	ratio	ratio	NOUN
ajfa-6062	122	6	is	be	AUX
ajfa-6062	122	7	determined	determine	VERB
ajfa-6062	122	8	by	by	ADP
ajfa-6062	122	9	the	the	DET
ajfa-6062	122	10	financial	financial	ADJ
ajfa-6062	122	11	insolvency	insolvency	NOUN
ajfa-6062	122	12	(	(	PUNCT
ajfa-6062	122	13	financial	financial	ADJ
ajfa-6062	122	14	distress	distress	NOUN
ajfa-6062	122	15	)	)	PUNCT
ajfa-6062	122	16	of	of	ADP
ajfa-6062	122	17	both	both	CCONJ
ajfa-6062	122	18	the	the	DET
ajfa-6062	122	19	auditor	auditor	NOUN
ajfa-6062	122	20	and	and	CCONJ
ajfa-6062	122	21	the	the	DET
ajfa-6062	122	22	auditee	auditee	NOUN
ajfa-6062	122	23	.	.	PUNCT
ajfa-6062	123	1	however	however	ADV
ajfa-6062	123	2	,	,	PUNCT
ajfa-6062	123	3	there	there	PRON
ajfa-6062	123	4	is	be	VERB
ajfa-6062	123	5	almost	almost	ADV
ajfa-6062	123	6	no	no	DET
ajfa-6062	123	7	data	datum	NOUN
ajfa-6062	123	8	available	available	ADJ
ajfa-6062	123	9	to	to	PART
ajfa-6062	123	10	assess	assess	VERB
ajfa-6062	123	11	the	the	DET
ajfa-6062	123	12	financial	financial	ADJ
ajfa-6062	123	13	difficulty	difficulty	NOUN
ajfa-6062	123	14	of	of	ADP
ajfa-6062	123	15	auditors	auditor	NOUN
ajfa-6062	123	16	,	,	PUNCT
ajfa-6062	123	17	and	and	CCONJ
ajfa-6062	123	18	thus	thus	ADV
ajfa-6062	123	19	the	the	DET
ajfa-6062	123	20	focus	focus	NOUN
ajfa-6062	123	21	is	be	AUX
ajfa-6062	123	22	on	on	ADP
ajfa-6062	123	23	the	the	DET
ajfa-6062	123	24	following	follow	VERB
ajfa-6062	123	25	measures	measure	NOUN
ajfa-6062	123	26	of	of	ADP
ajfa-6062	123	27	the	the	DET
ajfa-6062	123	28	client	client	NOUN
ajfa-6062	123	29	’s	’s	PART
ajfa-6062	123	30	insolvency	insolvency	NOUN
ajfa-6062	123	31	:	:	PUNCT
ajfa-6062	123	32	1	1	X
ajfa-6062	123	33	)	)	PUNCT
ajfa-6062	123	34	the	the	DET
ajfa-6062	123	35	client	client	NOUN
ajfa-6062	123	36	’s	’s	PART
ajfa-6062	123	37	profitability	profitability	NOUN
ajfa-6062	123	38	,	,	PUNCT
ajfa-6062	123	39	measured	measure	VERB
ajfa-6062	123	40	by	by	ADP
ajfa-6062	123	41	the	the	DET
ajfa-6062	123	42	ratio	ratio	NOUN
ajfa-6062	123	43	of	of	ADP
ajfa-6062	123	44	net	net	ADJ
ajfa-6062	123	45	income	income	NOUN
ajfa-6062	123	46	to	to	ADP
ajfa-6062	123	47	total	total	ADJ
ajfa-6062	123	48	assets	asset	NOUN
ajfa-6062	123	49	(	(	PUNCT
ajfa-6062	123	50	i.e.	i.e.	X
ajfa-6062	123	51	the	the	DET
ajfa-6062	123	52	accounting	accounting	NOUN
ajfa-6062	123	53	rate	rate	NOUN
ajfa-6062	123	54	of	of	ADP
ajfa-6062	123	55	return	return	NOUN
ajfa-6062	123	56	)	)	PUNCT
ajfa-6062	123	57	;	;	PUNCT
ajfa-6062	123	58	2	2	X
ajfa-6062	123	59	)	)	PUNCT
ajfa-6062	123	60	a	a	DET
ajfa-6062	123	61	loss	loss	NOUN
ajfa-6062	123	62	indicator	indicator	NOUN
ajfa-6062	123	63	on	on	ADP
ajfa-6062	123	64	whether	whether	SCONJ
ajfa-6062	123	65	the	the	DET
ajfa-6062	123	66	client	client	NOUN
ajfa-6062	123	67	endures	endure	VERB
ajfa-6062	123	68	loss	loss	NOUN
ajfa-6062	123	69	over	over	ADP
ajfa-6062	123	70	the	the	DET
ajfa-6062	123	71	period	period	NOUN
ajfa-6062	123	72	of	of	ADP
ajfa-6062	123	73	the	the	DET
ajfa-6062	123	74	current	current	ADJ
ajfa-6062	123	75	year	year	NOUN
ajfa-6062	123	76	or	or	CCONJ
ajfa-6062	123	77	two	two	NUM
ajfa-6062	123	78	previous	previous	ADJ
ajfa-6062	123	79	years	year	NOUN
ajfa-6062	123	80	;	;	PUNCT
ajfa-6062	123	81	and	and	CCONJ
ajfa-6062	123	82	3	3	X
ajfa-6062	123	83	)	)	PUNCT
ajfa-6062	123	84	an	an	DET
ajfa-6062	123	85	indicator	indicator	NOUN
ajfa-6062	123	86	of	of	ADP
ajfa-6062	123	87	a	a	DET
ajfa-6062	123	88	qualified	qualified	ADJ
ajfa-6062	123	89	audit	audit	NOUN
ajfa-6062	123	90	opinion5	opinion5	ADJ
ajfa-6062	123	91	(	(	PUNCT
ajfa-6062	123	92	including	include	VERB
ajfa-6062	123	93	going	go	VERB
ajfa-6062	123	94	-	-	PUNCT
ajfa-6062	123	95	concern	concern	NOUN
ajfa-6062	123	96	opinion	opinion	NOUN
ajfa-6062	123	97	)	)	PUNCT
ajfa-6062	123	98	in	in	ADP
ajfa-6062	123	99	the	the	DET
ajfa-6062	123	100	current	current	ADJ
ajfa-6062	123	101	year	year	NOUN
ajfa-6062	123	102	.	.	PUNCT
ajfa-6062	124	1	auditors	auditor	NOUN
ajfa-6062	124	2	’	’	PART
ajfa-6062	124	3	production	production	NOUN
ajfa-6062	124	4	functions	function	NOUN
ajfa-6062	124	5	(	(	PUNCT
ajfa-6062	124	6	i.e.	i.e.	X
ajfa-6062	124	7	the	the	DET
ajfa-6062	124	8	scale	scale	NOUN
ajfa-6062	124	9	of	of	ADP
ajfa-6062	124	10	economies	economy	NOUN
ajfa-6062	124	11	)	)	PUNCT
ajfa-6062	124	12	are	be	AUX
ajfa-6062	124	13	not	not	PART
ajfa-6062	124	14	directly	directly	ADV
ajfa-6062	124	15	observable	observable	ADJ
ajfa-6062	124	16	.	.	PUNCT
ajfa-6062	125	1	however	however	ADV
ajfa-6062	125	2	,	,	PUNCT
ajfa-6062	125	3	differentiated	differentiated	ADJ
ajfa-6062	125	4	audits	audits	NOUN
ajfa-6062	125	5	are	be	AUX
ajfa-6062	125	6	manifested	manifest	VERB
ajfa-6062	125	7	through	through	ADP
ajfa-6062	125	8	price	price	NOUN
ajfa-6062	125	9	differences	difference	NOUN
ajfa-6062	125	10	associated	associate	VERB
ajfa-6062	125	11	with	with	ADP
ajfa-6062	125	12	product	product	NOUN
ajfa-6062	125	13	characteristics	characteristic	NOUN
ajfa-6062	125	14	(	(	PUNCT
ajfa-6062	125	15	e.g.	e.g.	ADV
ajfa-6062	125	16	the	the	DET
ajfa-6062	125	17	brand	brand	NOUN
ajfa-6062	125	18	-	-	PUNCT
ajfa-6062	125	19	name	name	NOUN
ajfa-6062	125	20	of	of	ADP
ajfa-6062	125	21	auditors	auditor	NOUN
ajfa-6062	125	22	)	)	PUNCT
ajfa-6062	125	23	.	.	PUNCT
ajfa-6062	126	1	big	big	ADJ
ajfa-6062	126	2	auditors	auditor	NOUN
ajfa-6062	126	3	provide	provide	VERB
ajfa-6062	126	4	a	a	DET
ajfa-6062	126	5	higher	high	ADJ
ajfa-6062	126	6	level	level	NOUN
ajfa-6062	126	7	of	of	ADP
ajfa-6062	126	8	assurance	assurance	NOUN
ajfa-6062	126	9	than	than	ADP
ajfa-6062	126	10	non	non	ADJ
ajfa-6062	126	11	-	-	ADJ
ajfa-6062	126	12	big	big	ADJ
ajfa-6062	126	13	auditors	auditor	NOUN
ajfa-6062	126	14	(	(	PUNCT
ajfa-6062	126	15	palmrose	palmrose	ADJ
ajfa-6062	126	16	,	,	PUNCT
ajfa-6062	126	17	1988	1988	NUM
ajfa-6062	126	18	)	)	PUNCT
ajfa-6062	126	19	.	.	PUNCT
ajfa-6062	127	1	4.3	4.3	NUM
ajfa-6062	127	2	empirical	empirical	ADJ
ajfa-6062	127	3	model	model	NOUN
ajfa-6062	127	4	based	base	VERB
ajfa-6062	127	5	on	on	ADP
ajfa-6062	127	6	the	the	DET
ajfa-6062	127	7	research	research	NOUN
ajfa-6062	127	8	works	work	VERB
ajfa-6062	127	9	by	by	ADP
ajfa-6062	127	10	simunic	simunic	ADJ
ajfa-6062	127	11	(	(	PUNCT
ajfa-6062	127	12	1980	1980	NUM
ajfa-6062	127	13	)	)	PUNCT
ajfa-6062	127	14	,	,	PUNCT
ajfa-6062	127	15	palmrose	palmrose	ADJ
ajfa-6062	127	16	(	(	PUNCT
ajfa-6062	127	17	1986	1986	NUM
ajfa-6062	127	18	)	)	PUNCT
ajfa-6062	127	19	,	,	PUNCT
ajfa-6062	127	20	frankel	frankel	PROPN
ajfa-6062	127	21	et	et	PROPN
ajfa-6062	127	22	al	al	PROPN
ajfa-6062	127	23	.	.	PROPN
ajfa-6062	128	1	(	(	PUNCT
ajfa-6062	128	2	2002	2002	NUM
ajfa-6062	128	3	)	)	PUNCT
ajfa-6062	128	4	,	,	PUNCT
ajfa-6062	128	5	asbaugh	asbaugh	NOUN
ajfa-6062	128	6	et	et	PROPN
ajfa-6062	128	7	al	al	PROPN
ajfa-6062	128	8	.	.	PROPN
ajfa-6062	129	1	(	(	PUNCT
ajfa-6062	129	2	2003	2003	NUM
ajfa-6062	129	3	)	)	PUNCT
ajfa-6062	129	4	and	and	CCONJ
ajfa-6062	129	5	francis	francis	PROPN
ajfa-6062	129	6	et	et	PROPN
ajfa-6062	129	7	al	al	PROPN
ajfa-6062	129	8	.	.	PROPN
ajfa-6062	130	1	(	(	PUNCT
ajfa-6062	130	2	2005	2005	NUM
ajfa-6062	130	3	)	)	PUNCT
ajfa-6062	130	4	,	,	PUNCT
ajfa-6062	130	5	the	the	DET
ajfa-6062	130	6	following	follow	VERB
ajfa-6062	130	7	audit	audit	NOUN
ajfa-6062	130	8	pricing	pricing	NOUN
ajfa-6062	130	9	model	model	NOUN
ajfa-6062	130	10	is	be	AUX
ajfa-6062	130	11	used	use	VERB
ajfa-6062	130	12	to	to	PART
ajfa-6062	130	13	test	test	VERB
ajfa-6062	130	14	the	the	DET
ajfa-6062	130	15	audit	audit	NOUN
ajfa-6062	130	16	pricing	pricing	NOUN
ajfa-6062	130	17	of	of	ADP
ajfa-6062	130	18	syn	syn	PROPN
ajfa-6062	130	19	:	:	PUNCT
ajfa-6062	130	20	laf	laf	PROPN
ajfa-6062	130	21	=	=	PUNCT
ajfa-6062	130	22	b0	b0	PROPN
ajfa-6062	130	23	+	+	CCONJ
ajfa-6062	130	24	b1lta	b1lta	PROPN
ajfa-6062	130	25	+	+	CCONJ
ajfa-6062	130	26	b2	b2	NOUN
ajfa-6062	130	27	lseg	lseg	NOUN
ajfa-6062	130	28	+	+	CCONJ
ajfa-6062	130	29	b3	b3	NOUN
ajfa-6062	130	30	cata	cata	NOUN
ajfa-6062	130	31	+	+	CCONJ
ajfa-6062	130	32	b4quick	b4quick	NOUN
ajfa-6062	130	33	+	+	CCONJ
ajfa-6062	130	34	b5de	b5de	PUNCT
ajfa-6062	130	35	+	+	NUM
ajfa-6062	130	36	b6roa	b6roa	NOUN
ajfa-6062	130	37	+	+	CCONJ
ajfa-6062	130	38	b7foreign	b7foreign	NOUN
ajfa-6062	130	39	+	+	NUM
ajfa-6062	130	40	b8opinion	b8opinion	NOUN
ajfa-6062	130	41	+	+	CCONJ
ajfa-6062	130	42	b9ye	b9ye	PUNCT
ajfa-6062	131	1	+	+	CCONJ
ajfa-6062	131	2	b10loss	b10loss	PROPN
ajfa-6062	131	3	+	+	CCONJ
ajfa-6062	131	4	b11big	b11big	PROPN
ajfa-6062	131	5	+	+	CCONJ
ajfa-6062	131	6	b12syn	b12syn	PROPN
ajfa-6062	131	7	+	+	CCONJ
ajfa-6062	131	8	industry	industry	NOUN
ajfa-6062	131	9	effect	effect	NOUN
ajfa-6062	131	10	where	where	SCONJ
ajfa-6062	131	11	:	:	PUNCT
ajfa-6062	131	12	laf	laf	PROPN
ajfa-6062	131	13	=	=	SYM
ajfa-6062	131	14	natural	natural	ADJ
ajfa-6062	131	15	log	log	NOUN
ajfa-6062	131	16	of	of	ADP
ajfa-6062	131	17	audit	audit	NOUN
ajfa-6062	131	18	fees	fee	NOUN
ajfa-6062	131	19	in	in	ADP
ajfa-6062	131	20	dollars	dollar	NOUN
ajfa-6062	131	21	lta	lta	X
ajfa-6062	131	22	=	=	SYM
ajfa-6062	131	23	natural	natural	ADJ
ajfa-6062	131	24	log	log	NOUN
ajfa-6062	131	25	of	of	ADP
ajfa-6062	131	26	total	total	ADJ
ajfa-6062	131	27	assets	asset	NOUN
ajfa-6062	131	28	in	in	ADP
ajfa-6062	131	29	millions	million	NOUN
ajfa-6062	131	30	of	of	ADP
ajfa-6062	131	31	dollars	dollar	NOUN
ajfa-6062	131	32	lseg	lseg	ADJ
ajfa-6062	131	33	=	=	SYM
ajfa-6062	131	34	natural	natural	ADJ
ajfa-6062	131	35	log	log	NOUN
ajfa-6062	131	36	of	of	ADP
ajfa-6062	131	37	number	number	NOUN
ajfa-6062	131	38	of	of	ADP
ajfa-6062	131	39	unique	unique	ADJ
ajfa-6062	131	40	business	business	NOUN
ajfa-6062	131	41	segments	segment	NOUN
ajfa-6062	131	42	cata	cata	NOUN
ajfa-6062	131	43	=	=	NOUN
ajfa-6062	131	44	ratio	ratio	NOUN
ajfa-6062	131	45	of	of	ADP
ajfa-6062	131	46	current	current	ADJ
ajfa-6062	131	47	assets	asset	NOUN
ajfa-6062	131	48	to	to	PART
ajfa-6062	131	49	total	total	VERB
ajfa-6062	131	50	assets	asset	NOUN
ajfa-6062	131	51	quick	quick	ADJ
ajfa-6062	131	52	=	=	VERB
ajfa-6062	131	53	ratio	ratio	NOUN
ajfa-6062	131	54	of	of	ADP
ajfa-6062	131	55	current	current	ADJ
ajfa-6062	131	56	assets	asset	NOUN
ajfa-6062	131	57	(	(	PUNCT
ajfa-6062	131	58	less	less	ADJ
ajfa-6062	131	59	inventory	inventory	NOUN
ajfa-6062	131	60	)	)	PUNCT
ajfa-6062	131	61	to	to	ADP
ajfa-6062	131	62	current	current	ADJ
ajfa-6062	131	63	liabilities	liability	NOUN
ajfa-6062	131	64	de	de	ADP
ajfa-6062	131	65	=	=	NOUN
ajfa-6062	131	66	ratio	ratio	NOUN
ajfa-6062	131	67	of	of	ADP
ajfa-6062	131	68	long	long	ADJ
ajfa-6062	131	69	-	-	PUNCT
ajfa-6062	131	70	term	term	NOUN
ajfa-6062	131	71	debt	debt	NOUN
ajfa-6062	131	72	to	to	ADP
ajfa-6062	131	73	total	total	ADJ
ajfa-6062	131	74	assets	asset	NOUN
ajfa-6062	131	75	roa	roa	NOUN
ajfa-6062	132	1	=	=	NOUN
ajfa-6062	133	1	ratio	ratio	NOUN
ajfa-6062	133	2	of	of	ADP
ajfa-6062	133	3	earnings	earning	NOUN
ajfa-6062	133	4	before	before	ADP
ajfa-6062	133	5	extraordinary	extraordinary	ADJ
ajfa-6062	133	6	items	item	NOUN
ajfa-6062	133	7	to	to	PART
ajfa-6062	133	8	total	total	VERB
ajfa-6062	133	9	assets	asset	NOUN
ajfa-6062	133	10	3	3	NUM
ajfa-6062	133	11	total	total	ADJ
ajfa-6062	133	12	assets	asset	NOUN
ajfa-6062	133	13	in	in	ADP
ajfa-6062	133	14	the	the	DET
ajfa-6062	133	15	denominator	denominator	NOUN
ajfa-6062	133	16	is	be	AUX
ajfa-6062	133	17	used	use	VERB
ajfa-6062	133	18	to	to	PART
ajfa-6062	133	19	control	control	VERB
ajfa-6062	133	20	cross	cross	ADJ
ajfa-6062	133	21	-	-	ADJ
ajfa-6062	133	22	sectional	sectional	ADJ
ajfa-6062	133	23	variation	variation	NOUN
ajfa-6062	133	24	in	in	ADP
ajfa-6062	133	25	firm	firm	ADJ
ajfa-6062	133	26	size	size	NOUN
ajfa-6062	133	27	.	.	PUNCT
ajfa-6062	134	1	4	4	NUM
ajfa-6062	134	2	most	most	ADV
ajfa-6062	134	3	previous	previous	ADJ
ajfa-6062	134	4	studies	study	NOUN
ajfa-6062	134	5	and	and	CCONJ
ajfa-6062	134	6	this	this	DET
ajfa-6062	134	7	research	research	NOUN
ajfa-6062	134	8	use	use	VERB
ajfa-6062	134	9	the	the	DET
ajfa-6062	134	10	sample	sample	NOUN
ajfa-6062	134	11	of	of	ADP
ajfa-6062	134	12	publicly	publicly	ADV
ajfa-6062	134	13	listed	list	VERB
ajfa-6062	134	14	companies	company	NOUN
ajfa-6062	134	15	and	and	CCONJ
ajfa-6062	134	16	thus	thus	ADV
ajfa-6062	134	17	there	there	PRON
ajfa-6062	134	18	is	be	VERB
ajfa-6062	134	19	no	no	DET
ajfa-6062	134	20	variation	variation	NOUN
ajfa-6062	134	21	in	in	ADP
ajfa-6062	134	22	the	the	DET
ajfa-6062	134	23	client	client	NOUN
ajfa-6062	134	24	status	status	NOUN
ajfa-6062	134	25	.	.	PUNCT
ajfa-6062	135	1	5	5	NUM
ajfa-6062	135	2	qualified	qualified	ADJ
ajfa-6062	135	3	audit	audit	NOUN
ajfa-6062	135	4	opinions	opinion	NOUN
ajfa-6062	135	5	indicate	indicate	VERB
ajfa-6062	135	6	either	either	CCONJ
ajfa-6062	135	7	a	a	DET
ajfa-6062	135	8	significant	significant	ADJ
ajfa-6062	135	9	deviation	deviation	NOUN
ajfa-6062	135	10	from	from	ADP
ajfa-6062	135	11	the	the	DET
ajfa-6062	135	12	gaap	gaap	NOUN
ajfa-6062	135	13	(	(	PUNCT
ajfa-6062	135	14	generally	generally	ADV
ajfa-6062	135	15	accepted	accept	VERB
ajfa-6062	135	16	accounting	accounting	NOUN
ajfa-6062	135	17	principle	principle	NOUN
ajfa-6062	135	18	)	)	PUNCT
ajfa-6062	135	19	or	or	CCONJ
ajfa-6062	135	20	a	a	DET
ajfa-6062	135	21	scope	scope	NOUN
ajfa-6062	135	22	of	of	ADP
ajfa-6062	135	23	limitation	limitation	NOUN
ajfa-6062	135	24	on	on	ADP
ajfa-6062	135	25	certain	certain	ADJ
ajfa-6062	135	26	areas	area	NOUN
ajfa-6062	135	27	of	of	ADP
ajfa-6062	135	28	financial	financial	ADJ
ajfa-6062	135	29	statements	statement	NOUN
ajfa-6062	135	30	,	,	PUNCT
ajfa-6062	135	31	which	which	PRON
ajfa-6062	135	32	show	show	VERB
ajfa-6062	135	33	significant	significant	ADJ
ajfa-6062	135	34	uncertainties	uncertainty	NOUN
ajfa-6062	135	35	of	of	ADP
ajfa-6062	135	36	clients	client	NOUN
ajfa-6062	135	37	.	.	PUNCT
ajfa-6062	136	1	asian	asian	ADJ
ajfa-6062	136	2	journal	journal	PROPN
ajfa-6062	136	3	of	of	ADP
ajfa-6062	136	4	finance	finance	PROPN
ajfa-6062	136	5	&	&	CCONJ
ajfa-6062	136	6	accounting	accounting	PROPN
ajfa-6062	136	7	issn	issn	PROPN
ajfa-6062	136	8	1946	1946	NUM
ajfa-6062	136	9	-	-	PUNCT
ajfa-6062	136	10	052x	052x	PROPN
ajfa-6062	136	11	2014	2014	NUM
ajfa-6062	136	12	,	,	PUNCT
ajfa-6062	136	13	vol	vol	NOUN
ajfa-6062	136	14	.	.	PROPN
ajfa-6062	137	1	6	6	NUM
ajfa-6062	137	2	,	,	PUNCT
ajfa-6062	137	3	no	no	INTJ
ajfa-6062	137	4	.	.	NOUN
ajfa-6062	137	5	2	2	NUM
ajfa-6062	137	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6062	137	7	94	94	NUM
ajfa-6062	137	8	foreign	foreign	ADJ
ajfa-6062	137	9	=	=	NOUN
ajfa-6062	137	10	proportion	proportion	NOUN
ajfa-6062	137	11	of	of	ADP
ajfa-6062	137	12	total	total	ADJ
ajfa-6062	137	13	sales	sale	NOUN
ajfa-6062	137	14	from	from	ADP
ajfa-6062	137	15	foreign	foreign	ADJ
ajfa-6062	137	16	operations	operation	NOUN
ajfa-6062	137	17	opinion	opinion	NOUN
ajfa-6062	137	18	=	=	PUNCT
ajfa-6062	138	1	indicator	indicator	NOUN
ajfa-6062	138	2	variable	variable	NOUN
ajfa-6062	138	3	,	,	PUNCT
ajfa-6062	138	4	1	1	NUM
ajfa-6062	138	5	=	=	NUM
ajfa-6062	138	6	qualified	qualified	ADJ
ajfa-6062	138	7	audit	audit	NOUN
ajfa-6062	138	8	report	report	NOUN
ajfa-6062	138	9	ye	ye	NOUN
ajfa-6062	138	10	=	=	SYM
ajfa-6062	138	11	indicator	indicator	NOUN
ajfa-6062	138	12	variable	variable	NOUN
ajfa-6062	138	13	,	,	PUNCT
ajfa-6062	138	14	1=	1=	X
ajfa-6062	138	15	non	non	ADJ
ajfa-6062	138	16	-	-	ADJ
ajfa-6062	138	17	dec	dec	ADJ
ajfa-6062	138	18	31	31	NUM
ajfa-6062	138	19	year	year	NOUN
ajfa-6062	138	20	end	end	NOUN
ajfa-6062	138	21	loss	loss	NOUN
ajfa-6062	138	22	=	=	SYM
ajfa-6062	139	1	indicator	indicator	NOUN
ajfa-6062	139	2	variable	variable	NOUN
ajfa-6062	139	3	,	,	PUNCT
ajfa-6062	139	4	1=	1=	NUM
ajfa-6062	139	5	loss	loss	NOUN
ajfa-6062	139	6	in	in	ADP
ajfa-6062	139	7	current	current	ADJ
ajfa-6062	139	8	fiscal	fiscal	ADJ
ajfa-6062	139	9	year	year	NOUN
ajfa-6062	139	10	big	big	ADJ
ajfa-6062	139	11	=	=	PUNCT
ajfa-6062	139	12	big	big	ADJ
ajfa-6062	139	13	auditors	auditor	NOUN
ajfa-6062	139	14	syn	syn	NOUN
ajfa-6062	139	15	=	=	NOUN
ajfa-6062	139	16	stock	stock	NOUN
ajfa-6062	139	17	price	price	NOUN
ajfa-6062	139	18	synchronicity	synchronicity	NOUN
ajfa-6062	139	19	industry	industry	NOUN
ajfa-6062	139	20	effects	effect	NOUN
ajfa-6062	139	21	=	=	SYM
ajfa-6062	140	1	industry	industry	NOUN
ajfa-6062	140	2	dummy	dummy	NOUN
ajfa-6062	140	3	variables	variable	NOUN
ajfa-6062	140	4	for	for	ADP
ajfa-6062	140	5	two	two	NUM
ajfa-6062	140	6	-	-	PUNCT
ajfa-6062	140	7	digit	digit	NOUN
ajfa-6062	140	8	sic	sic	ADJ
ajfa-6062	140	9	industry	industry	NOUN
ajfa-6062	140	10	audit	audit	NOUN
ajfa-6062	140	11	fees	fee	NOUN
ajfa-6062	140	12	are	be	AUX
ajfa-6062	140	13	the	the	DET
ajfa-6062	140	14	dependent	dependent	ADJ
ajfa-6062	140	15	variable	variable	NOUN
ajfa-6062	140	16	.	.	PUNCT
ajfa-6062	141	1	the	the	DET
ajfa-6062	141	2	independent	independent	ADJ
ajfa-6062	141	3	variables	variables	PROPN
ajfa-6062	141	4	client	client	NOUN
ajfa-6062	141	5	size	size	NOUN
ajfa-6062	141	6	lta	lta	PROPN
ajfa-6062	141	7	(	(	PUNCT
ajfa-6062	141	8	measured	measure	VERB
ajfa-6062	141	9	by	by	ADP
ajfa-6062	141	10	total	total	ADJ
ajfa-6062	141	11	assets	asset	NOUN
ajfa-6062	141	12	)	)	PUNCT
ajfa-6062	141	13	,	,	PUNCT
ajfa-6062	141	14	the	the	DET
ajfa-6062	141	15	client	client	NOUN
ajfa-6062	141	16	’s	’s	PART
ajfa-6062	141	17	business	business	NOUN
ajfa-6062	141	18	operation	operation	NOUN
ajfa-6062	141	19	complexity	complexity	NOUN
ajfa-6062	141	20	lseg	lseg	PROPN
ajfa-6062	141	21	(	(	PUNCT
ajfa-6062	141	22	measured	measure	VERB
ajfa-6062	141	23	by	by	ADP
ajfa-6062	141	24	the	the	DET
ajfa-6062	141	25	number	number	NOUN
ajfa-6062	141	26	of	of	ADP
ajfa-6062	141	27	business	business	NOUN
ajfa-6062	141	28	segments	segment	NOUN
ajfa-6062	141	29	)	)	PUNCT
ajfa-6062	141	30	,	,	PUNCT
ajfa-6062	141	31	the	the	DET
ajfa-6062	141	32	client	client	NOUN
ajfa-6062	141	33	’s	’s	PART
ajfa-6062	141	34	operation	operation	NOUN
ajfa-6062	141	35	diversity	diversity	NOUN
ajfa-6062	141	36	foreign	foreign	NOUN
ajfa-6062	141	37	(	(	PUNCT
ajfa-6062	141	38	measured	measure	VERB
ajfa-6062	141	39	by	by	ADP
ajfa-6062	141	40	the	the	DET
ajfa-6062	141	41	proportion	proportion	NOUN
ajfa-6062	141	42	of	of	ADP
ajfa-6062	141	43	total	total	ADJ
ajfa-6062	141	44	sales	sale	NOUN
ajfa-6062	141	45	from	from	ADP
ajfa-6062	141	46	foreign	foreign	ADJ
ajfa-6062	141	47	operations	operation	NOUN
ajfa-6062	141	48	)	)	PUNCT
ajfa-6062	141	49	and	and	CCONJ
ajfa-6062	141	50	industry	industry	NOUN
ajfa-6062	141	51	effects	effect	NOUN
ajfa-6062	141	52	are	be	AUX
ajfa-6062	141	53	measures	measure	NOUN
ajfa-6062	141	54	of	of	ADP
ajfa-6062	141	55	the	the	DET
ajfa-6062	141	56	loss	loss	NOUN
ajfa-6062	141	57	exposure	exposure	NOUN
ajfa-6062	141	58	of	of	ADP
ajfa-6062	141	59	the	the	DET
ajfa-6062	141	60	auditee	auditee	NOUN
ajfa-6062	141	61	.	.	PUNCT
ajfa-6062	142	1	return	return	VERB
ajfa-6062	142	2	on	on	ADP
ajfa-6062	142	3	assets	asset	NOUN
ajfa-6062	142	4	roa	roa	PROPN
ajfa-6062	142	5	,	,	PUNCT
ajfa-6062	142	6	a	a	DET
ajfa-6062	142	7	loss	loss	NOUN
ajfa-6062	142	8	dummy	dummy	ADJ
ajfa-6062	142	9	loss	loss	NOUN
ajfa-6062	142	10	and	and	CCONJ
ajfa-6062	142	11	an	an	DET
ajfa-6062	142	12	indicator	indicator	NOUN
ajfa-6062	142	13	of	of	ADP
ajfa-6062	142	14	a	a	DET
ajfa-6062	142	15	qualified	qualified	ADJ
ajfa-6062	142	16	audit	audit	NOUN
ajfa-6062	142	17	opinion	opinion	NOUN
ajfa-6062	142	18	opinion	opinion	NOUN
ajfa-6062	142	19	are	be	AUX
ajfa-6062	142	20	measures	measure	NOUN
ajfa-6062	142	21	of	of	ADP
ajfa-6062	142	22	the	the	DET
ajfa-6062	142	23	client	client	NOUN
ajfa-6062	142	24	’s	’s	PART
ajfa-6062	142	25	insolvency	insolvency	NOUN
ajfa-6062	142	26	.	.	PUNCT
ajfa-6062	143	1	a	a	DET
ajfa-6062	143	2	big	big	ADJ
ajfa-6062	143	3	auditor	auditor	NOUN
ajfa-6062	143	4	dummy	dummy	ADJ
ajfa-6062	143	5	big	big	ADJ
ajfa-6062	143	6	measures	measure	NOUN
ajfa-6062	143	7	the	the	DET
ajfa-6062	143	8	premium	premium	NOUN
ajfa-6062	143	9	of	of	ADP
ajfa-6062	143	10	auditors	auditor	NOUN
ajfa-6062	143	11	’	’	PART
ajfa-6062	143	12	brand	brand	NOUN
ajfa-6062	143	13	-	-	PUNCT
ajfa-6062	143	14	name	name	NOUN
ajfa-6062	143	15	(	(	PUNCT
ajfa-6062	143	16	i.e.	i.e.	X
ajfa-6062	143	17	auditors	auditor	NOUN
ajfa-6062	143	18	’	’	PART
ajfa-6062	143	19	production	production	NOUN
ajfa-6062	143	20	functions	function	NOUN
ajfa-6062	143	21	)	)	PUNCT
ajfa-6062	143	22	.	.	PUNCT
ajfa-6062	144	1	in	in	ADP
ajfa-6062	144	2	addition	addition	NOUN
ajfa-6062	144	3	,	,	PUNCT
ajfa-6062	144	4	a	a	DET
ajfa-6062	144	5	dummy	dummy	NOUN
ajfa-6062	144	6	of	of	ADP
ajfa-6062	144	7	a	a	DET
ajfa-6062	144	8	non	non	ADJ
ajfa-6062	144	9	-	-	ADJ
ajfa-6062	144	10	calendar	calendar	ADJ
ajfa-6062	144	11	year	year	NOUN
ajfa-6062	144	12	end	end	NOUN
ajfa-6062	144	13	ye	ye	PRON
ajfa-6062	144	14	is	be	AUX
ajfa-6062	144	15	included	include	VERB
ajfa-6062	144	16	to	to	PART
ajfa-6062	144	17	control	control	VERB
ajfa-6062	144	18	the	the	DET
ajfa-6062	144	19	non	non	ADJ
ajfa-6062	144	20	-	-	ADJ
ajfa-6062	144	21	busy	busy	ADJ
ajfa-6062	144	22	season	season	NOUN
ajfa-6062	144	23	in	in	ADP
ajfa-6062	144	24	auditing	auditing	NOUN
ajfa-6062	144	25	;	;	PUNCT
ajfa-6062	144	26	the	the	DET
ajfa-6062	144	27	current	current	ADJ
ajfa-6062	144	28	ratio	ratio	NOUN
ajfa-6062	144	29	cata	cata	NOUN
ajfa-6062	144	30	(	(	PUNCT
ajfa-6062	144	31	measured	measure	VERB
ajfa-6062	144	32	by	by	ADP
ajfa-6062	144	33	the	the	DET
ajfa-6062	144	34	ratio	ratio	NOUN
ajfa-6062	144	35	of	of	ADP
ajfa-6062	144	36	current	current	ADJ
ajfa-6062	144	37	assets	asset	NOUN
ajfa-6062	144	38	to	to	ADP
ajfa-6062	144	39	current	current	ADJ
ajfa-6062	144	40	liabilities	liability	NOUN
ajfa-6062	144	41	)	)	PUNCT
ajfa-6062	144	42	,	,	PUNCT
ajfa-6062	144	43	the	the	DET
ajfa-6062	144	44	quick	quick	ADJ
ajfa-6062	144	45	ratio	ratio	NOUN
ajfa-6062	144	46	quick	quick	ADJ
ajfa-6062	144	47	(	(	PUNCT
ajfa-6062	144	48	measured	measure	VERB
ajfa-6062	144	49	by	by	ADP
ajfa-6062	144	50	the	the	DET
ajfa-6062	144	51	ratio	ratio	NOUN
ajfa-6062	144	52	of	of	ADP
ajfa-6062	144	53	current	current	ADJ
ajfa-6062	144	54	assets	asset	NOUN
ajfa-6062	144	55	excluding	exclude	VERB
ajfa-6062	144	56	inventory	inventory	NOUN
ajfa-6062	144	57	to	to	ADP
ajfa-6062	144	58	current	current	ADJ
ajfa-6062	144	59	liabilities	liability	NOUN
ajfa-6062	144	60	)	)	PUNCT
ajfa-6062	144	61	and	and	CCONJ
ajfa-6062	144	62	the	the	DET
ajfa-6062	144	63	financial	financial	ADJ
ajfa-6062	144	64	leverage	leverage	NOUN
ajfa-6062	144	65	de	de	X
ajfa-6062	144	66	(	(	PUNCT
ajfa-6062	144	67	measured	measure	VERB
ajfa-6062	144	68	by	by	ADP
ajfa-6062	144	69	the	the	DET
ajfa-6062	144	70	long	long	ADJ
ajfa-6062	144	71	-	-	PUNCT
ajfa-6062	144	72	term	term	NOUN
ajfa-6062	144	73	debt	debt	NOUN
ajfa-6062	144	74	to	to	ADP
ajfa-6062	144	75	total	total	ADJ
ajfa-6062	144	76	assets	asset	NOUN
ajfa-6062	144	77	)	)	PUNCT
ajfa-6062	144	78	are	be	AUX
ajfa-6062	144	79	also	also	ADV
ajfa-6062	144	80	included	include	VERB
ajfa-6062	144	81	to	to	PART
ajfa-6062	144	82	control	control	VERB
ajfa-6062	144	83	the	the	DET
ajfa-6062	144	84	client	client	NOUN
ajfa-6062	144	85	’s	’s	PART
ajfa-6062	144	86	risk	risk	NOUN
ajfa-6062	144	87	.	.	PUNCT
ajfa-6062	145	1	the	the	DET
ajfa-6062	145	2	variable	variable	NOUN
ajfa-6062	145	3	of	of	ADP
ajfa-6062	145	4	interest	interest	NOUN
ajfa-6062	145	5	is	be	AUX
ajfa-6062	145	6	syn	syn	PROPN
ajfa-6062	145	7	.	.	PROPN
ajfa-6062	145	8	based	base	VERB
ajfa-6062	145	9	on	on	ADP
ajfa-6062	145	10	hypothesis	hypothesis	NOUN
ajfa-6062	145	11	1	1	NUM
ajfa-6062	145	12	,	,	PUNCT
ajfa-6062	145	13	b12	b12	NOUN
ajfa-6062	145	14	is	be	AUX
ajfa-6062	145	15	expected	expect	VERB
ajfa-6062	145	16	to	to	PART
ajfa-6062	145	17	be	be	AUX
ajfa-6062	145	18	significantly	significantly	ADV
ajfa-6062	145	19	positive	positive	ADJ
ajfa-6062	145	20	in	in	ADP
ajfa-6062	145	21	2004	2004	NUM
ajfa-6062	145	22	.	.	PUNCT
ajfa-6062	146	1	based	base	VERB
ajfa-6062	146	2	on	on	ADP
ajfa-6062	146	3	hypothesis	hypothesis	NOUN
ajfa-6062	146	4	2	2	NUM
ajfa-6062	146	5	,	,	PUNCT
ajfa-6062	146	6	b12	b12	NOUN
ajfa-6062	146	7	is	be	AUX
ajfa-6062	146	8	expected	expect	VERB
ajfa-6062	146	9	to	to	PART
ajfa-6062	146	10	be	be	AUX
ajfa-6062	146	11	insignificant	insignificant	ADJ
ajfa-6062	146	12	in	in	ADP
ajfa-6062	146	13	2005	2005	NUM
ajfa-6062	146	14	and	and	CCONJ
ajfa-6062	146	15	2006	2006	NUM
ajfa-6062	146	16	.	.	PUNCT
ajfa-6062	147	1	5	5	X
ajfa-6062	147	2	.	.	X
ajfa-6062	147	3	sample	sample	NOUN
ajfa-6062	147	4	and	and	CCONJ
ajfa-6062	147	5	results	result	VERB
ajfa-6062	147	6	5.1	5.1	NUM
ajfa-6062	147	7	sample	sample	NOUN
ajfa-6062	147	8	this	this	DET
ajfa-6062	147	9	study	study	NOUN
ajfa-6062	147	10	uses	use	VERB
ajfa-6062	147	11	the	the	DET
ajfa-6062	147	12	post	post	ADJ
ajfa-6062	147	13	-	-	ADJ
ajfa-6062	147	14	sox	sox	ADJ
ajfa-6062	147	15	(	(	PUNCT
ajfa-6062	147	16	sarbanes	sarbane	NOUN
ajfa-6062	147	17	-	-	PUNCT
ajfa-6062	147	18	oxley	oxley	ADJ
ajfa-6062	147	19	act	act	PROPN
ajfa-6062	147	20	)	)	PUNCT
ajfa-6062	147	21	sample	sample	NOUN
ajfa-6062	147	22	period	period	NOUN
ajfa-6062	147	23	from	from	ADP
ajfa-6062	147	24	2004	2004	NUM
ajfa-6062	147	25	to	to	ADP
ajfa-6062	147	26	2006	2006	NUM
ajfa-6062	147	27	for	for	ADP
ajfa-6062	147	28	two	two	NUM
ajfa-6062	147	29	reasons	reason	NOUN
ajfa-6062	147	30	.	.	PUNCT
ajfa-6062	148	1	first	first	ADV
ajfa-6062	148	2	,	,	PUNCT
ajfa-6062	148	3	most	most	ADJ
ajfa-6062	148	4	previous	previous	ADJ
ajfa-6062	148	5	studies	study	NOUN
ajfa-6062	148	6	were	be	AUX
ajfa-6062	148	7	conducted	conduct	VERB
ajfa-6062	148	8	with	with	ADP
ajfa-6062	148	9	the	the	DET
ajfa-6062	148	10	pre	pre	ADJ
ajfa-6062	148	11	-	-	ADJ
ajfa-6062	148	12	sox	sox	ADJ
ajfa-6062	148	13	sample	sample	NOUN
ajfa-6062	148	14	.	.	PUNCT
ajfa-6062	149	1	there	there	PRON
ajfa-6062	149	2	is	be	VERB
ajfa-6062	149	3	a	a	DET
ajfa-6062	149	4	scarcity	scarcity	NOUN
ajfa-6062	149	5	of	of	ADP
ajfa-6062	149	6	research	research	NOUN
ajfa-6062	149	7	using	use	VERB
ajfa-6062	149	8	the	the	DET
ajfa-6062	149	9	post	post	ADJ
ajfa-6062	149	10	-	-	ADJ
ajfa-6062	149	11	sox	sox	ADJ
ajfa-6062	149	12	sample	sample	NOUN
ajfa-6062	149	13	.	.	PUNCT
ajfa-6062	150	1	second	second	ADJ
ajfa-6062	150	2	,	,	PUNCT
ajfa-6062	150	3	the	the	DET
ajfa-6062	150	4	structures	structure	NOUN
ajfa-6062	150	5	of	of	ADP
ajfa-6062	150	6	audit	audit	NOUN
ajfa-6062	150	7	fees	fee	NOUN
ajfa-6062	150	8	are	be	AUX
ajfa-6062	150	9	significantly	significantly	ADV
ajfa-6062	150	10	different	different	ADJ
ajfa-6062	150	11	between	between	ADP
ajfa-6062	150	12	pre	pre	ADJ
ajfa-6062	150	13	-	-	ADJ
ajfa-6062	150	14	sox	sox	ADJ
ajfa-6062	150	15	and	and	CCONJ
ajfa-6062	150	16	post	post	ADJ
ajfa-6062	150	17	-	-	ADJ
ajfa-6062	150	18	sox	sox	NOUN
ajfa-6062	150	19	.	.	PUNCT
ajfa-6062	151	1	thus	thus	ADV
ajfa-6062	151	2	,	,	PUNCT
ajfa-6062	151	3	the	the	DET
ajfa-6062	151	4	post	post	ADJ
ajfa-6062	151	5	-	-	ADJ
ajfa-6062	151	6	sox	sox	ADJ
ajfa-6062	151	7	sample	sample	NOUN
ajfa-6062	151	8	is	be	AUX
ajfa-6062	151	9	homogenous	homogenous	ADJ
ajfa-6062	151	10	in	in	ADP
ajfa-6062	151	11	terms	term	NOUN
ajfa-6062	151	12	of	of	ADP
ajfa-6062	151	13	the	the	DET
ajfa-6062	151	14	structures	structure	NOUN
ajfa-6062	151	15	of	of	ADP
ajfa-6062	151	16	audit	audit	NOUN
ajfa-6062	151	17	fees	fee	NOUN
ajfa-6062	151	18	.	.	PUNCT
ajfa-6062	152	1	the	the	DET
ajfa-6062	152	2	audit	audit	NOUN
ajfa-6062	152	3	fee	fee	NOUN
ajfa-6062	152	4	data	datum	NOUN
ajfa-6062	152	5	are	be	AUX
ajfa-6062	152	6	from	from	ADP
ajfa-6062	152	7	audit	audit	NOUN
ajfa-6062	152	8	analytics	analytic	NOUN
ajfa-6062	152	9	.	.	PUNCT
ajfa-6062	153	1	the	the	DET
ajfa-6062	153	2	financial	financial	ADJ
ajfa-6062	153	3	variable	variable	ADJ
ajfa-6062	153	4	data	datum	NOUN
ajfa-6062	153	5	are	be	AUX
ajfa-6062	153	6	from	from	ADP
ajfa-6062	153	7	compustat	compustat	NOUN
ajfa-6062	153	8	.	.	PUNCT
ajfa-6062	154	1	the	the	DET
ajfa-6062	154	2	data	datum	NOUN
ajfa-6062	154	3	of	of	ADP
ajfa-6062	154	4	stock	stock	NOUN
ajfa-6062	154	5	market	market	NOUN
ajfa-6062	154	6	returns	return	NOUN
ajfa-6062	154	7	used	use	VERB
ajfa-6062	154	8	to	to	PART
ajfa-6062	154	9	calculate	calculate	VERB
ajfa-6062	154	10	stock	stock	NOUN
ajfa-6062	154	11	price	price	NOUN
ajfa-6062	154	12	synchronicity	synchronicity	NOUN
ajfa-6062	154	13	are	be	AUX
ajfa-6062	154	14	from	from	ADP
ajfa-6062	154	15	crsp	crsp	PROPN
ajfa-6062	154	16	.	.	PUNCT
ajfa-6062	155	1	the	the	DET
ajfa-6062	155	2	daily	daily	ADJ
ajfa-6062	155	3	return	return	NOUN
ajfa-6062	155	4	and	and	CCONJ
ajfa-6062	155	5	market	market	NOUN
ajfa-6062	155	6	return	return	NOUN
ajfa-6062	155	7	data	datum	NOUN
ajfa-6062	155	8	are	be	AUX
ajfa-6062	155	9	from	from	ADP
ajfa-6062	155	10	crsp	crsp	PROPN
ajfa-6062	155	11	and	and	CCONJ
ajfa-6062	155	12	the	the	DET
ajfa-6062	155	13	data	datum	NOUN
ajfa-6062	155	14	of	of	ADP
ajfa-6062	155	15	weekly	weekly	ADJ
ajfa-6062	155	16	return	return	NOUN
ajfa-6062	155	17	are	be	AUX
ajfa-6062	155	18	calculated	calculate	VERB
ajfa-6062	155	19	by	by	ADP
ajfa-6062	155	20	using	use	VERB
ajfa-6062	155	21	the	the	DET
ajfa-6062	155	22	daily	daily	ADJ
ajfa-6062	155	23	return	return	NOUN
ajfa-6062	155	24	data	datum	NOUN
ajfa-6062	155	25	.	.	PUNCT
ajfa-6062	156	1	all	all	DET
ajfa-6062	156	2	databases	database	NOUN
ajfa-6062	156	3	used	use	VERB
ajfa-6062	156	4	in	in	ADP
ajfa-6062	156	5	this	this	DET
ajfa-6062	156	6	study	study	NOUN
ajfa-6062	156	7	are	be	AUX
ajfa-6062	156	8	from	from	ADP
ajfa-6062	156	9	wharton	wharton	PROPN
ajfa-6062	156	10	research	research	PROPN
ajfa-6062	156	11	data	data	PROPN
ajfa-6062	156	12	service	service	NOUN
ajfa-6062	156	13	.	.	PUNCT
ajfa-6062	157	1	by	by	ADP
ajfa-6062	157	2	following	follow	VERB
ajfa-6062	157	3	piotroski	piotroski	NOUN
ajfa-6062	157	4	and	and	CCONJ
ajfa-6062	157	5	roulstone	roulstone	NOUN
ajfa-6062	157	6	(	(	PUNCT
ajfa-6062	157	7	2004	2004	NUM
ajfa-6062	157	8	)	)	PUNCT
ajfa-6062	157	9	,	,	PUNCT
ajfa-6062	157	10	a	a	DET
ajfa-6062	157	11	minimum	minimum	NOUN
ajfa-6062	157	12	of	of	ADP
ajfa-6062	157	13	45	45	NUM
ajfa-6062	157	14	weekly	weekly	ADJ
ajfa-6062	157	15	observations	observation	NOUN
ajfa-6062	157	16	is	be	AUX
ajfa-6062	157	17	required	require	VERB
ajfa-6062	157	18	to	to	PART
ajfa-6062	157	19	calculate	calculate	VERB
ajfa-6062	157	20	syn	syn	NOUN
ajfa-6062	157	21	for	for	ADP
ajfa-6062	157	22	each	each	DET
ajfa-6062	157	23	firm	firm	ADJ
ajfa-6062	157	24	-	-	PUNCT
ajfa-6062	157	25	year	year	NOUN
ajfa-6062	157	26	.	.	PUNCT
ajfa-6062	158	1	regarding	regard	VERB
ajfa-6062	158	2	the	the	DET
ajfa-6062	158	3	unavailable	unavailable	ADJ
ajfa-6062	158	4	data	datum	NOUN
ajfa-6062	158	5	on	on	ADP
ajfa-6062	158	6	analyst	analyst	NOUN
ajfa-6062	158	7	forecast	forecast	NOUN
ajfa-6062	158	8	revisions	revision	NOUN
ajfa-6062	158	9	,	,	PUNCT
ajfa-6062	158	10	changes	change	NOUN
ajfa-6062	158	11	in	in	ADP
ajfa-6062	158	12	institutional	institutional	ADJ
ajfa-6062	158	13	ownership	ownership	NOUN
ajfa-6062	158	14	and	and	CCONJ
ajfa-6062	158	15	insider	insider	NOUN
ajfa-6062	158	16	trading	trading	NOUN
ajfa-6062	158	17	are	be	AUX
ajfa-6062	158	18	assumed	assume	VERB
ajfa-6062	158	19	to	to	PART
ajfa-6062	158	20	be	be	AUX
ajfa-6062	158	21	“	"	PUNCT
ajfa-6062	158	22	zero”.6	zero”.6	X
ajfa-6062	158	23	after	after	ADP
ajfa-6062	158	24	excluding	exclude	VERB
ajfa-6062	158	25	observations	observation	NOUN
ajfa-6062	158	26	with	with	ADP
ajfa-6062	158	27	missing	miss	VERB
ajfa-6062	158	28	values	value	NOUN
ajfa-6062	158	29	,	,	PUNCT
ajfa-6062	158	30	the	the	DET
ajfa-6062	158	31	6	6	NUM
ajfa-6062	158	32	the	the	DET
ajfa-6062	158	33	reported	report	VERB
ajfa-6062	158	34	results	result	NOUN
ajfa-6062	158	35	of	of	ADP
ajfa-6062	158	36	this	this	DET
ajfa-6062	158	37	study	study	NOUN
ajfa-6062	158	38	use	use	VERB
ajfa-6062	158	39	the	the	DET
ajfa-6062	158	40	sample	sample	NOUN
ajfa-6062	158	41	with	with	ADP
ajfa-6062	158	42	these	these	DET
ajfa-6062	158	43	“	"	PUNCT
ajfa-6062	158	44	zero	zero	NUM
ajfa-6062	158	45	”	"	PUNCT
ajfa-6062	158	46	observations	observation	NOUN
ajfa-6062	158	47	.	.	PUNCT
ajfa-6062	159	1	however	however	ADV
ajfa-6062	159	2	,	,	PUNCT
ajfa-6062	159	3	this	this	DET
ajfa-6062	159	4	study	study	NOUN
ajfa-6062	159	5	also	also	ADV
ajfa-6062	159	6	conducts	conduct	VERB
ajfa-6062	159	7	tests	test	NOUN
ajfa-6062	159	8	without	without	ADP
ajfa-6062	159	9	these	these	DET
ajfa-6062	159	10	“	"	PUNCT
ajfa-6062	159	11	zero	zero	NUM
ajfa-6062	159	12	”	"	PUNCT
ajfa-6062	159	13	observations	observation	NOUN
ajfa-6062	159	14	.	.	PUNCT
ajfa-6062	160	1	the	the	DET
ajfa-6062	160	2	unreported	unreported	ADJ
ajfa-6062	160	3	results	result	NOUN
ajfa-6062	160	4	show	show	VERB
ajfa-6062	160	5	that	that	SCONJ
ajfa-6062	160	6	the	the	DET
ajfa-6062	160	7	pooled	pool	VERB
ajfa-6062	160	8	regression	regression	NOUN
ajfa-6062	160	9	results	result	NOUN
ajfa-6062	160	10	remain	remain	VERB
ajfa-6062	160	11	unchanged	unchanged	ADJ
ajfa-6062	160	12	without	without	ADP
ajfa-6062	160	13	these	these	DET
ajfa-6062	160	14	“	"	PUNCT
ajfa-6062	160	15	zero	zero	NUM
ajfa-6062	160	16	”	"	PUNCT
ajfa-6062	160	17	observations	observation	NOUN
ajfa-6062	160	18	,	,	PUNCT
ajfa-6062	160	19	while	while	SCONJ
ajfa-6062	160	20	the	the	DET
ajfa-6062	160	21	results	result	NOUN
ajfa-6062	160	22	of	of	ADP
ajfa-6062	160	23	annual	annual	ADJ
ajfa-6062	160	24	regressions	regression	NOUN
ajfa-6062	160	25	show	show	VERB
ajfa-6062	160	26	insignificant	insignificant	ADJ
ajfa-6062	160	27	coefficients	coefficient	NOUN
ajfa-6062	160	28	on	on	ADP
ajfa-6062	160	29	both	both	CCONJ
ajfa-6062	160	30	abnormal	abnormal	ADJ
ajfa-6062	160	31	audit	audit	NOUN
ajfa-6062	160	32	/	/	SYM
ajfa-6062	160	33	non	non	ADJ
ajfa-6062	160	34	-	-	ADJ
ajfa-6062	160	35	audit	audit	ADJ
ajfa-6062	160	36	fees	fee	NOUN
ajfa-6062	160	37	.	.	PUNCT
ajfa-6062	161	1	asian	asian	ADJ
ajfa-6062	161	2	journal	journal	PROPN
ajfa-6062	161	3	of	of	ADP
ajfa-6062	161	4	finance	finance	PROPN
ajfa-6062	161	5	&	&	CCONJ
ajfa-6062	161	6	accounting	accounting	PROPN
ajfa-6062	161	7	issn	issn	PROPN
ajfa-6062	161	8	1946	1946	NUM
ajfa-6062	161	9	-	-	PUNCT
ajfa-6062	161	10	052x	052x	PROPN
ajfa-6062	161	11	2014	2014	NUM
ajfa-6062	161	12	,	,	PUNCT
ajfa-6062	161	13	vol	vol	NOUN
ajfa-6062	161	14	.	.	PROPN
ajfa-6062	162	1	6	6	NUM
ajfa-6062	162	2	,	,	PUNCT
ajfa-6062	162	3	no	no	INTJ
ajfa-6062	162	4	.	.	NOUN
ajfa-6062	162	5	2	2	NUM
ajfa-6062	162	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6062	162	7	95	95	NUM
ajfa-6062	162	8	sample	sample	NOUN
ajfa-6062	162	9	size	size	NOUN
ajfa-6062	162	10	is	be	AUX
ajfa-6062	162	11	9,056	9,056	NUM
ajfa-6062	162	12	firm	firm	ADJ
ajfa-6062	162	13	-	-	PUNCT
ajfa-6062	162	14	year	year	NOUN
ajfa-6062	162	15	observations	observation	NOUN
ajfa-6062	162	16	over	over	ADP
ajfa-6062	162	17	the	the	DET
ajfa-6062	162	18	period	period	NOUN
ajfa-6062	162	19	of	of	ADP
ajfa-6062	162	20	2004	2004	NUM
ajfa-6062	162	21	to	to	ADP
ajfa-6062	162	22	2006	2006	NUM
ajfa-6062	162	23	.	.	PUNCT
ajfa-6062	163	1	the	the	DET
ajfa-6062	163	2	final	final	ADJ
ajfa-6062	163	3	sample	sample	NOUN
ajfa-6062	163	4	size	size	NOUN
ajfa-6062	163	5	is	be	AUX
ajfa-6062	163	6	7,884	7,884	NUM
ajfa-6062	163	7	firm	firm	ADJ
ajfa-6062	163	8	-	-	PUNCT
ajfa-6062	163	9	year	year	NOUN
ajfa-6062	163	10	observations	observation	NOUN
ajfa-6062	163	11	after	after	ADP
ajfa-6062	163	12	excluding	exclude	VERB
ajfa-6062	163	13	top	top	ADJ
ajfa-6062	163	14	and	and	CCONJ
ajfa-6062	163	15	bottom	bottom	ADJ
ajfa-6062	163	16	1	1	NUM
ajfa-6062	163	17	%	%	NOUN
ajfa-6062	163	18	outliers7	outliers7	NOUN
ajfa-6062	163	19	,	,	PUNCT
ajfa-6062	163	20	with	with	ADP
ajfa-6062	163	21	2,903	2,903	NUM
ajfa-6062	163	22	,	,	PUNCT
ajfa-6062	163	23	2,732	2,732	NUM
ajfa-6062	163	24	,	,	PUNCT
ajfa-6062	163	25	2,249	2,249	NUM
ajfa-6062	163	26	firm	firm	ADJ
ajfa-6062	163	27	-	-	PUNCT
ajfa-6062	163	28	year	year	NOUN
ajfa-6062	163	29	observations	observation	NOUN
ajfa-6062	163	30	for	for	ADP
ajfa-6062	163	31	2004	2004	NUM
ajfa-6062	163	32	,	,	PUNCT
ajfa-6062	163	33	2005	2005	NUM
ajfa-6062	163	34	and	and	CCONJ
ajfa-6062	163	35	2006	2006	NUM
ajfa-6062	163	36	respectively	respectively	ADV
ajfa-6062	163	37	.	.	PUNCT
ajfa-6062	164	1	5.2	5.2	NUM
ajfa-6062	164	2	results	result	NOUN
ajfa-6062	164	3	table	table	NOUN
ajfa-6062	164	4	1	1	NUM
ajfa-6062	164	5	.	.	PUNCT
ajfa-6062	164	6	descriptive	descriptive	ADJ
ajfa-6062	164	7	statistics	statistic	NOUN
ajfa-6062	164	8	(	(	PUNCT
ajfa-6062	164	9	n=7,884	n=7,884	PROPN
ajfa-6062	164	10	)	)	PUNCT
ajfa-6062	164	11	variable	variable	ADJ
ajfa-6062	164	12	minimum	minimum	NOUN
ajfa-6062	164	13	q1	q1	PROPN
ajfa-6062	164	14	mean	mean	PROPN
ajfa-6062	164	15	median	median	PROPN
ajfa-6062	164	16	q3	q3	PROPN
ajfa-6062	164	17	maximum	maximum	NOUN
ajfa-6062	164	18	audit_fees	audit_fees	PROPN
ajfa-6062	164	19	0	0	NUM
ajfa-6062	164	20	119000	119000	NUM
ajfa-6062	164	21	1391425	1391425	NUM
ajfa-6062	164	22	445000	445000	NUM
ajfa-6062	164	23	1257000	1257000	NUM
ajfa-6062	164	24	90200000	90200000	NUM
ajfa-6062	164	25	non_audit_fees	non_audit_fee	NOUN
ajfa-6062	164	26	0	0	NUM
ajfa-6062	164	27	11428	11428	NUM
ajfa-6062	164	28	419153.3	419153.3	NUM
ajfa-6062	164	29	68190	68190	NUM
ajfa-6062	164	30	282000	282000	NUM
ajfa-6062	164	31	55100000	55100000	NUM
ajfa-6062	164	32	laf	laf	X
ajfa-6062	164	33	0	0	PROPN
ajfa-6062	164	34	11.687	11.687	NUM
ajfa-6062	164	35	12.815	12.815	NUM
ajfa-6062	164	36	13.006	13.006	NUM
ajfa-6062	164	37	14.044	14.044	NUM
ajfa-6062	164	38	18.318	18.318	NUM
ajfa-6062	164	39	lnonf	lnonf	NOUN
ajfa-6062	164	40	0	0	NUM
ajfa-6062	164	41	9.344	9.344	NUM
ajfa-6062	164	42	9.869	9.869	NUM
ajfa-6062	164	43	11.130	11.130	NUM
ajfa-6062	164	44	12.550	12.550	NUM
ajfa-6062	164	45	17.825	17.825	NUM
ajfa-6062	164	46	lta	lta	NOUN
ajfa-6062	164	47	0.001	0.001	NUM
ajfa-6062	164	48	3.302	3.302	NUM
ajfa-6062	164	49	5.123	5.123	NUM
ajfa-6062	164	50	5.146	5.146	NUM
ajfa-6062	164	51	6.901	6.901	NUM
ajfa-6062	164	52	12.509	12.509	NUM
ajfa-6062	164	53	lseg	lseg	NOUN
ajfa-6062	164	54	0.693	0.693	NUM
ajfa-6062	164	55	0.693	0.693	NUM
ajfa-6062	164	56	1.047	1.047	NUM
ajfa-6062	164	57	0.693	0.693	NUM
ajfa-6062	164	58	1.386	1.386	NUM
ajfa-6062	164	59	3.219	3.219	NUM
ajfa-6062	164	60	cata	cata	NOUN
ajfa-6062	164	61	0	0	NUM
ajfa-6062	164	62	0.300	0.300	NUM
ajfa-6062	164	63	0.521	0.521	NUM
ajfa-6062	164	64	0.520	0.520	NUM
ajfa-6062	164	65	0.744	0.744	NUM
ajfa-6062	164	66	1	1	NUM
ajfa-6062	164	67	quick	quick	ADJ
ajfa-6062	164	68	0	0	NUM
ajfa-6062	164	69	0.822	0.822	NUM
ajfa-6062	164	70	3.658	3.658	NUM
ajfa-6062	164	71	1.395	1.395	NUM
ajfa-6062	164	72	2.705	2.705	NUM
ajfa-6062	164	73	2348	2348	NUM
ajfa-6062	164	74	de	de	X
ajfa-6062	164	75	0	0	NUM
ajfa-6062	164	76	0	0	NUM
ajfa-6062	164	77	0.246	0.246	NUM
ajfa-6062	164	78	0.078	0.078	NUM
ajfa-6062	164	79	0.265	0.265	NUM
ajfa-6062	164	80	219	219	NUM
ajfa-6062	164	81	roa	roa	NOUN
ajfa-6062	164	82	-2038	-2038	NOUN
ajfa-6062	164	83	-0.140	-0.140	PROPN
ajfa-6062	164	84	-1.777	-1.777	PROPN
ajfa-6062	164	85	0.022	0.022	NUM
ajfa-6062	164	86	0.071	0.071	NUM
ajfa-6062	164	87	40.96	40.96	NUM
ajfa-6062	164	88	foreign	foreign	ADJ
ajfa-6062	164	89	-0.4	-0.4	NOUN
ajfa-6062	164	90	0	0	NUM
ajfa-6062	164	91	0.186	0.186	NUM
ajfa-6062	164	92	0	0	NUM
ajfa-6062	164	93	0.320	0.320	NUM
ajfa-6062	164	94	2.117	2.117	NUM
ajfa-6062	164	95	opinion	opinion	NOUN
ajfa-6062	164	96	0	0	NUM
ajfa-6062	164	97	0	0	NUM
ajfa-6062	164	98	0.432	0.432	NUM
ajfa-6062	164	99	0	0	NUM
ajfa-6062	164	100	1	1	NUM
ajfa-6062	164	101	1	1	NUM
ajfa-6062	164	102	ye	ye	NUM
ajfa-6062	164	103	0	0	NUM
ajfa-6062	164	104	0	0	NUM
ajfa-6062	164	105	0.300	0.300	NUM
ajfa-6062	164	106	0	0	NUM
ajfa-6062	164	107	1	1	NUM
ajfa-6062	164	108	1	1	NUM
ajfa-6062	164	109	loss	loss	NOUN
ajfa-6062	164	110	0	0	NUM
ajfa-6062	164	111	0	0	NUM
ajfa-6062	164	112	0.410	0.410	NUM
ajfa-6062	164	113	0	0	NUM
ajfa-6062	164	114	1	1	NUM
ajfa-6062	164	115	1	1	NUM
ajfa-6062	164	116	big	big	ADJ
ajfa-6062	164	117	0	0	NUM
ajfa-6062	164	118	0	0	NUM
ajfa-6062	164	119	0.681	0.681	NUM
ajfa-6062	164	120	1	1	NUM
ajfa-6062	164	121	1	1	NUM
ajfa-6062	164	122	1	1	NUM
ajfa-6062	164	123	syn	syn	NOUN
ajfa-6062	164	124	-10.635	-10.635	PROPN
ajfa-6062	164	125	-2.628	-2.628	PUNCT
ajfa-6062	164	126	-1.805	-1.805	PUNCT
ajfa-6062	164	127	-1.593	-1.593	PROPN
ajfa-6062	164	128	-0.755	-0.755	VERB
ajfa-6062	164	129	1.804	1.804	NUM
ajfa-6062	164	130	the	the	DET
ajfa-6062	164	131	variables	variable	NOUN
ajfa-6062	164	132	are	be	AUX
ajfa-6062	164	133	defined	define	VERB
ajfa-6062	164	134	as	as	SCONJ
ajfa-6062	164	135	follows	follow	VERB
ajfa-6062	164	136	:	:	PUNCT
ajfa-6062	164	137	audit_fees	audit_fee	NOUN
ajfa-6062	164	138	=	=	SYM
ajfa-6062	164	139	audit	audit	NOUN
ajfa-6062	164	140	fees	fee	NOUN
ajfa-6062	164	141	in	in	ADP
ajfa-6062	164	142	dollars	dollar	NOUN
ajfa-6062	164	143	non_audit_fees	non_audit_fees	PROPN
ajfa-6062	164	144	=	=	SYM
ajfa-6062	164	145	non	non	ADJ
ajfa-6062	164	146	-	-	ADJ
ajfa-6062	164	147	audit	audit	ADJ
ajfa-6062	164	148	fees	fee	NOUN
ajfa-6062	164	149	in	in	ADP
ajfa-6062	164	150	dollars	dollar	NOUN
ajfa-6062	164	151	laf(lnonf	laf(lnonf	PROPN
ajfa-6062	164	152	)	)	PUNCT
ajfa-6062	164	153	=	=	SYM
ajfa-6062	164	154	natural	natural	ADJ
ajfa-6062	164	155	log	log	NOUN
ajfa-6062	164	156	of	of	ADP
ajfa-6062	164	157	audit	audit	NOUN
ajfa-6062	164	158	(	(	PUNCT
ajfa-6062	164	159	non	non	ADJ
ajfa-6062	164	160	-	-	ADJ
ajfa-6062	164	161	audit	audit	ADJ
ajfa-6062	164	162	)	)	PUNCT
ajfa-6062	164	163	fees	fee	NOUN
ajfa-6062	164	164	in	in	ADP
ajfa-6062	164	165	dollars	dollar	NOUN
ajfa-6062	164	166	lta	lta	X
ajfa-6062	164	167	=	=	SYM
ajfa-6062	164	168	natural	natural	ADJ
ajfa-6062	164	169	log	log	NOUN
ajfa-6062	164	170	of	of	ADP
ajfa-6062	164	171	total	total	ADJ
ajfa-6062	164	172	assets	asset	NOUN
ajfa-6062	164	173	in	in	ADP
ajfa-6062	164	174	millions	million	NOUN
ajfa-6062	164	175	of	of	ADP
ajfa-6062	164	176	dollars	dollar	NOUN
ajfa-6062	164	177	lseg	lseg	ADJ
ajfa-6062	164	178	=	=	SYM
ajfa-6062	164	179	natural	natural	ADJ
ajfa-6062	164	180	log	log	NOUN
ajfa-6062	164	181	of	of	ADP
ajfa-6062	164	182	number	number	NOUN
ajfa-6062	164	183	of	of	ADP
ajfa-6062	164	184	unique	unique	ADJ
ajfa-6062	164	185	business	business	NOUN
ajfa-6062	164	186	segments	segment	NOUN
ajfa-6062	164	187	cata	cata	NOUN
ajfa-6062	164	188	=	=	NOUN
ajfa-6062	164	189	ratio	ratio	NOUN
ajfa-6062	164	190	of	of	ADP
ajfa-6062	164	191	current	current	ADJ
ajfa-6062	164	192	assets	asset	NOUN
ajfa-6062	164	193	to	to	PART
ajfa-6062	164	194	total	total	VERB
ajfa-6062	164	195	assets	asset	NOUN
ajfa-6062	164	196	quick	quick	ADJ
ajfa-6062	164	197	=	=	VERB
ajfa-6062	164	198	ratio	ratio	NOUN
ajfa-6062	164	199	of	of	ADP
ajfa-6062	164	200	current	current	ADJ
ajfa-6062	164	201	assets	asset	NOUN
ajfa-6062	164	202	(	(	PUNCT
ajfa-6062	164	203	less	less	ADJ
ajfa-6062	164	204	inventories	inventory	NOUN
ajfa-6062	164	205	)	)	PUNCT
ajfa-6062	164	206	to	to	ADP
ajfa-6062	164	207	current	current	ADJ
ajfa-6062	164	208	liabilities	liability	NOUN
ajfa-6062	164	209	de	de	ADP
ajfa-6062	164	210	=	=	NOUN
ajfa-6062	164	211	ratio	ratio	NOUN
ajfa-6062	164	212	of	of	ADP
ajfa-6062	164	213	long	long	ADJ
ajfa-6062	164	214	-	-	PUNCT
ajfa-6062	164	215	term	term	NOUN
ajfa-6062	164	216	debt	debt	NOUN
ajfa-6062	164	217	to	to	ADP
ajfa-6062	164	218	total	total	ADJ
ajfa-6062	164	219	assets	asset	NOUN
ajfa-6062	164	220	roa	roa	NOUN
ajfa-6062	165	1	=	=	NOUN
ajfa-6062	166	1	ratio	ratio	NOUN
ajfa-6062	166	2	of	of	ADP
ajfa-6062	166	3	earnings	earning	NOUN
ajfa-6062	166	4	before	before	ADP
ajfa-6062	166	5	extraordinary	extraordinary	ADJ
ajfa-6062	166	6	items	item	NOUN
ajfa-6062	166	7	to	to	PART
ajfa-6062	166	8	total	total	VERB
ajfa-6062	166	9	assets	asset	NOUN
ajfa-6062	166	10	foreign	foreign	ADJ
ajfa-6062	166	11	=	=	NOUN
ajfa-6062	166	12	proportion	proportion	NOUN
ajfa-6062	166	13	of	of	ADP
ajfa-6062	166	14	total	total	ADJ
ajfa-6062	166	15	sales	sale	NOUN
ajfa-6062	166	16	from	from	ADP
ajfa-6062	166	17	foreign	foreign	ADJ
ajfa-6062	166	18	operations	operation	NOUN
ajfa-6062	166	19	opinion	opinion	NOUN
ajfa-6062	166	20	=	=	PUNCT
ajfa-6062	166	21	indicator	indicator	NOUN
ajfa-6062	166	22	variable	variable	NOUN
ajfa-6062	166	23	,	,	PUNCT
ajfa-6062	166	24	1	1	NUM
ajfa-6062	166	25	=	=	NUM
ajfa-6062	166	26	qualified	qualified	ADJ
ajfa-6062	166	27	audit	audit	NOUN
ajfa-6062	166	28	report	report	NOUN
ajfa-6062	166	29	ye	ye	NOUN
ajfa-6062	166	30	=	=	SYM
ajfa-6062	166	31	indicator	indicator	NOUN
ajfa-6062	166	32	variable	variable	NOUN
ajfa-6062	166	33	,	,	PUNCT
ajfa-6062	166	34	1=	1=	X
ajfa-6062	166	35	non	non	ADJ
ajfa-6062	166	36	-	-	ADJ
ajfa-6062	166	37	dec	dec	ADJ
ajfa-6062	166	38	31	31	NUM
ajfa-6062	166	39	year	year	NOUN
ajfa-6062	166	40	end	end	NOUN
ajfa-6062	166	41	loss	loss	NOUN
ajfa-6062	166	42	=	=	SYM
ajfa-6062	167	1	indicator	indicator	NOUN
ajfa-6062	167	2	variable	variable	NOUN
ajfa-6062	167	3	,	,	PUNCT
ajfa-6062	167	4	1=	1=	NUM
ajfa-6062	167	5	loss	loss	NOUN
ajfa-6062	167	6	in	in	ADP
ajfa-6062	167	7	current	current	ADJ
ajfa-6062	167	8	fiscal	fiscal	ADJ
ajfa-6062	167	9	year	year	NOUN
ajfa-6062	167	10	big	big	ADJ
ajfa-6062	167	11	=	=	PUNCT
ajfa-6062	167	12	big	big	ADJ
ajfa-6062	167	13	auditors	auditor	NOUN
ajfa-6062	167	14	syn	syn	NOUN
ajfa-6062	167	15	=	=	NOUN
ajfa-6062	167	16	stock	stock	NOUN
ajfa-6062	167	17	price	price	NOUN
ajfa-6062	167	18	synchronicity	synchronicity	NOUN
ajfa-6062	167	19	7	7	NUM
ajfa-6062	167	20	the	the	DET
ajfa-6062	167	21	final	final	ADJ
ajfa-6062	167	22	sample	sample	NOUN
ajfa-6062	167	23	excludes	exclude	VERB
ajfa-6062	167	24	observations	observation	NOUN
ajfa-6062	167	25	of	of	ADP
ajfa-6062	167	26	top	top	ADJ
ajfa-6062	167	27	and	and	CCONJ
ajfa-6062	167	28	bottom	bottom	ADJ
ajfa-6062	167	29	1	1	NUM
ajfa-6062	167	30	%	%	NOUN
ajfa-6062	167	31	in	in	ADP
ajfa-6062	167	32	audit	audit	NOUN
ajfa-6062	167	33	fees	fee	NOUN
ajfa-6062	167	34	(	(	PUNCT
ajfa-6062	167	35	laf	laf	PROPN
ajfa-6062	167	36	)	)	PUNCT
ajfa-6062	167	37	,	,	PUNCT
ajfa-6062	167	38	total	total	ADJ
ajfa-6062	167	39	assets	asset	NOUN
ajfa-6062	167	40	(	(	PUNCT
ajfa-6062	167	41	lta	lta	PROPN
ajfa-6062	167	42	)	)	PUNCT
ajfa-6062	167	43	,	,	PUNCT
ajfa-6062	167	44	current	current	ADJ
ajfa-6062	167	45	ratios	ratio	NOUN
ajfa-6062	167	46	(	(	PUNCT
ajfa-6062	167	47	cata	cata	NOUN
ajfa-6062	167	48	)	)	PUNCT
ajfa-6062	167	49	,	,	PUNCT
ajfa-6062	167	50	quick	quick	ADJ
ajfa-6062	167	51	ratios	ratio	NOUN
ajfa-6062	167	52	(	(	PUNCT
ajfa-6062	167	53	quick	quick	ADJ
ajfa-6062	167	54	)	)	PUNCT
ajfa-6062	167	55	,	,	PUNCT
ajfa-6062	167	56	leverage	leverage	NOUN
ajfa-6062	167	57	(	(	PUNCT
ajfa-6062	167	58	de	de	NOUN
ajfa-6062	167	59	)	)	PUNCT
ajfa-6062	167	60	,	,	PUNCT
ajfa-6062	167	61	return	return	VERB
ajfa-6062	167	62	on	on	ADP
ajfa-6062	167	63	assets	asset	NOUN
ajfa-6062	167	64	(	(	PUNCT
ajfa-6062	167	65	roa	roa	NOUN
ajfa-6062	167	66	)	)	PUNCT
ajfa-6062	167	67	,	,	PUNCT
ajfa-6062	167	68	proportion	proportion	NOUN
ajfa-6062	167	69	of	of	ADP
ajfa-6062	167	70	foreign	foreign	ADJ
ajfa-6062	167	71	operation	operation	NOUN
ajfa-6062	167	72	(	(	PUNCT
ajfa-6062	167	73	foreign	foreign	ADJ
ajfa-6062	167	74	)	)	PUNCT
ajfa-6062	167	75	and	and	CCONJ
ajfa-6062	167	76	stock	stock	NOUN
ajfa-6062	167	77	price	price	NOUN
ajfa-6062	167	78	synchronicity	synchronicity	NOUN
ajfa-6062	167	79	(	(	PUNCT
ajfa-6062	167	80	syn	syn	NOUN
ajfa-6062	167	81	)	)	PUNCT
ajfa-6062	167	82	.	.	PUNCT
ajfa-6062	168	1	asian	asian	ADJ
ajfa-6062	168	2	journal	journal	PROPN
ajfa-6062	168	3	of	of	ADP
ajfa-6062	168	4	finance	finance	PROPN
ajfa-6062	168	5	&	&	CCONJ
ajfa-6062	168	6	accounting	accounting	PROPN
ajfa-6062	168	7	issn	issn	PROPN
ajfa-6062	168	8	1946	1946	NUM
ajfa-6062	168	9	-	-	PUNCT
ajfa-6062	168	10	052x	052x	PROPN
ajfa-6062	168	11	2014	2014	NUM
ajfa-6062	168	12	,	,	PUNCT
ajfa-6062	168	13	vol	vol	NOUN
ajfa-6062	168	14	.	.	PROPN
ajfa-6062	168	15	6	6	NUM
ajfa-6062	168	16	,	,	PUNCT
ajfa-6062	168	17	no	no	INTJ
ajfa-6062	168	18	.	.	NOUN
ajfa-6062	168	19	2	2	NUM
ajfa-6062	168	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6062	168	21	96	96	NUM
ajfa-6062	168	22	table	table	NOUN
ajfa-6062	168	23	1	1	NUM
ajfa-6062	168	24	shows	show	VERB
ajfa-6062	168	25	the	the	DET
ajfa-6062	168	26	descriptive	descriptive	ADJ
ajfa-6062	168	27	statistics	statistic	NOUN
ajfa-6062	168	28	of	of	ADP
ajfa-6062	168	29	the	the	DET
ajfa-6062	168	30	audit	audit	NOUN
ajfa-6062	168	31	pricing	pricing	NOUN
ajfa-6062	168	32	model	model	NOUN
ajfa-6062	168	33	.	.	PUNCT
ajfa-6062	169	1	there	there	PRON
ajfa-6062	169	2	are	be	VERB
ajfa-6062	169	3	7,884	7,884	NUM
ajfa-6062	169	4	firm	firm	ADJ
ajfa-6062	169	5	-	-	PUNCT
ajfa-6062	169	6	year	year	NOUN
ajfa-6062	169	7	observations	observation	NOUN
ajfa-6062	169	8	with	with	ADP
ajfa-6062	169	9	2,903	2,903	NUM
ajfa-6062	169	10	,	,	PUNCT
ajfa-6062	169	11	2,732	2,732	NUM
ajfa-6062	169	12	,	,	PUNCT
ajfa-6062	169	13	2,249	2,249	NUM
ajfa-6062	169	14	firm	firm	ADJ
ajfa-6062	169	15	-	-	PUNCT
ajfa-6062	169	16	year	year	NOUN
ajfa-6062	169	17	observations	observation	NOUN
ajfa-6062	169	18	for	for	ADP
ajfa-6062	169	19	2004	2004	NUM
ajfa-6062	169	20	,	,	PUNCT
ajfa-6062	169	21	2005	2005	NUM
ajfa-6062	169	22	and	and	CCONJ
ajfa-6062	169	23	2006	2006	NUM
ajfa-6062	169	24	respectively	respectively	ADV
ajfa-6062	169	25	.	.	PUNCT
ajfa-6062	170	1	table	table	NOUN
ajfa-6062	170	2	1	1	NUM
ajfa-6062	170	3	also	also	ADV
ajfa-6062	170	4	shows	show	VERB
ajfa-6062	170	5	that	that	SCONJ
ajfa-6062	170	6	non	non	ADJ
ajfa-6062	170	7	-	-	ADJ
ajfa-6062	170	8	audit	audit	ADJ
ajfa-6062	170	9	fees	fee	NOUN
ajfa-6062	170	10	are	be	AUX
ajfa-6062	170	11	much	much	ADV
ajfa-6062	170	12	lower	low	ADJ
ajfa-6062	170	13	than	than	ADP
ajfa-6062	170	14	audit	audit	NOUN
ajfa-6062	170	15	fees	fee	NOUN
ajfa-6062	170	16	in	in	ADP
ajfa-6062	170	17	the	the	DET
ajfa-6062	170	18	post	post	ADJ
ajfa-6062	170	19	-	-	ADJ
ajfa-6062	170	20	sox	sox	ADJ
ajfa-6062	170	21	period	period	NOUN
ajfa-6062	170	22	,	,	PUNCT
ajfa-6062	170	23	which	which	PRON
ajfa-6062	170	24	is	be	AUX
ajfa-6062	170	25	caused	cause	VERB
ajfa-6062	170	26	by	by	ADP
ajfa-6062	170	27	the	the	DET
ajfa-6062	170	28	restrictions	restriction	NOUN
ajfa-6062	170	29	of	of	ADP
ajfa-6062	170	30	sox	sox	PROPN
ajfa-6062	170	31	(	(	PUNCT
ajfa-6062	170	32	sarbanes	sarbane	NOUN
ajfa-6062	170	33	-	-	PUNCT
ajfa-6062	170	34	oxley	oxley	ADJ
ajfa-6062	170	35	act	act	PROPN
ajfa-6062	170	36	)	)	PUNCT
ajfa-6062	170	37	on	on	ADP
ajfa-6062	170	38	non	non	ADJ
ajfa-6062	170	39	-	-	ADJ
ajfa-6062	170	40	audit	audit	ADJ
ajfa-6062	170	41	services	service	NOUN
ajfa-6062	170	42	.	.	PUNCT
ajfa-6062	171	1	table	table	NOUN
ajfa-6062	171	2	2	2	NUM
ajfa-6062	171	3	.	.	PUNCT
ajfa-6062	172	1	regression	regression	NOUN
ajfa-6062	172	2	results	result	NOUN
ajfa-6062	172	3	of	of	ADP
ajfa-6062	172	4	audit	audit	NOUN
ajfa-6062	172	5	pricing	pricing	NOUN
ajfa-6062	172	6	model	model	NOUN
ajfa-6062	172	7	the	the	DET
ajfa-6062	172	8	regression	regression	NOUN
ajfa-6062	172	9	results	result	NOUN
ajfa-6062	172	10	of	of	ADP
ajfa-6062	172	11	the	the	DET
ajfa-6062	172	12	following	follow	VERB
ajfa-6062	172	13	audit	audit	NOUN
ajfa-6062	172	14	/	/	SYM
ajfa-6062	172	15	non	non	ADJ
ajfa-6062	172	16	-	-	ADJ
ajfa-6062	172	17	audit	audit	ADJ
ajfa-6062	172	18	fee	fee	NOUN
ajfa-6062	172	19	model	model	NOUN
ajfa-6062	172	20	:	:	PUNCT
ajfa-6062	172	21	laf	laf	PROPN
ajfa-6062	172	22	=	=	PROPN
ajfa-6062	172	23	b0	b0	PROPN
ajfa-6062	172	24	+	+	CCONJ
ajfa-6062	172	25	b1lta	b1lta	PROPN
ajfa-6062	172	26	+	+	CCONJ
ajfa-6062	172	27	b2	b2	NOUN
ajfa-6062	172	28	lseg	lseg	NOUN
ajfa-6062	172	29	+	+	CCONJ
ajfa-6062	172	30	b3	b3	NOUN
ajfa-6062	172	31	cata	cata	NOUN
ajfa-6062	172	32	+	+	CCONJ
ajfa-6062	172	33	b4quick	b4quick	NOUN
ajfa-6062	172	34	+	+	CCONJ
ajfa-6062	172	35	b5de	b5de	PUNCT
ajfa-6062	172	36	+	+	NUM
ajfa-6062	172	37	b6roa	b6roa	NOUN
ajfa-6062	172	38	+	+	CCONJ
ajfa-6062	172	39	b7foreign	b7foreign	NOUN
ajfa-6062	172	40	+	+	NUM
ajfa-6062	172	41	b8opinion	b8opinion	NOUN
ajfa-6062	172	42	+	+	CCONJ
ajfa-6062	172	43	b9ye	b9ye	PUNCT
ajfa-6062	173	1	+	+	CCONJ
ajfa-6062	173	2	b10loss	b10loss	PROPN
ajfa-6062	173	3	+	+	CCONJ
ajfa-6062	173	4	b11big	b11big	PROPN
ajfa-6062	173	5	+	+	CCONJ
ajfa-6062	174	1	industry	industry	NOUN
ajfa-6062	174	2	effect+	effect+	PART
ajfa-6062	174	3	year	year	NOUN
ajfa-6062	174	4	effect	effect	NOUN
ajfa-6062	174	5	audit	audit	NOUN
ajfa-6062	174	6	fee	fee	NOUN
ajfa-6062	174	7	model	model	NOUN
ajfa-6062	174	8	variable	variable	ADJ
ajfa-6062	174	9	estimate	estimate	NOUN
ajfa-6062	174	10	p	p	NOUN
ajfa-6062	174	11	value	value	NOUN
ajfa-6062	174	12	intercept	intercept	NOUN
ajfa-6062	174	13	9.011	9.011	NUM
ajfa-6062	174	14	<	<	X
ajfa-6062	174	15	.0001	.0001	X
ajfa-6062	174	16	lta	lta	X
ajfa-6062	174	17	0.594	0.594	NUM
ajfa-6062	174	18	<	<	X
ajfa-6062	174	19	.0001	.0001	X
ajfa-6062	174	20	lseg	lseg	NOUN
ajfa-6062	174	21	0.223	0.223	NUM
ajfa-6062	174	22	<	<	X
ajfa-6062	174	23	.0001	.0001	X
ajfa-6062	174	24	cata	cata	NOUN
ajfa-6062	174	25	0.478	0.478	NUM
ajfa-6062	174	26	<	<	X
ajfa-6062	174	27	.0001	.0001	X
ajfa-6062	174	28	quick	quick	ADJ
ajfa-6062	174	29	-0.001	-0.001	NUM
ajfa-6062	174	30	0.004	0.004	NUM
ajfa-6062	174	31	de	de	ADP
ajfa-6062	174	32	0.004	0.004	NUM
ajfa-6062	174	33	0.294	0.294	NUM
ajfa-6062	174	34	roa	roa	NOUN
ajfa-6062	174	35	0.000	0.000	NUM
ajfa-6062	174	36	0.952	0.952	NUM
ajfa-6062	174	37	foreign	foreign	ADJ
ajfa-6062	174	38	0.282	0.282	NUM
ajfa-6062	174	39	<	<	X
ajfa-6062	174	40	.0001	.0001	X
ajfa-6062	174	41	opinion	opinion	NOUN
ajfa-6062	174	42	0.218	0.218	NUM
ajfa-6062	174	43	<	<	X
ajfa-6062	174	44	.0001	.0001	X
ajfa-6062	174	45	ye	ye	NUM
ajfa-6062	174	46	-0.138	-0.138	NUM
ajfa-6062	174	47	<	<	X
ajfa-6062	174	48	.0001	.0001	PUNCT
ajfa-6062	174	49	loss	loss	NOUN
ajfa-6062	174	50	0.180	0.180	NUM
ajfa-6062	174	51	<	<	X
ajfa-6062	174	52	.0001	.0001	X
ajfa-6062	174	53	big	big	ADJ
ajfa-6062	174	54	0.135	0.135	NUM
ajfa-6062	174	55	<	<	X
ajfa-6062	174	56	.0001	.0001	X
ajfa-6062	174	57	ind1	ind1	NOUN
ajfa-6062	174	58	0.355	0.355	NUM
ajfa-6062	174	59	<	<	X
ajfa-6062	174	60	.0001	.0001	X
ajfa-6062	174	61	ind2	ind2	NOUN
ajfa-6062	174	62	0.216	0.216	NUM
ajfa-6062	174	63	<	<	X
ajfa-6062	174	64	.0001	.0001	X
ajfa-6062	174	65	ind3	ind3	NOUN
ajfa-6062	174	66	0.171	0.171	NUM
ajfa-6062	174	67	<	<	X
ajfa-6062	174	68	.0001	.0001	X
ajfa-6062	174	69	ind4	ind4	PROPN
ajfa-6062	174	70	0.332	0.332	NUM
ajfa-6062	174	71	<	<	X
ajfa-6062	174	72	.0001	.0001	X
ajfa-6062	174	73	ind5	ind5	PROPN
ajfa-6062	174	74	0.265	0.265	NUM
ajfa-6062	174	75	<	<	X
ajfa-6062	174	76	.0001	.0001	PRON
ajfa-6062	174	77	ind6	ind6	PROPN
ajfa-6062	174	78	-0.440	-0.440	ADP
ajfa-6062	174	79	<	<	X
ajfa-6062	174	80	.0001	.0001	X
ajfa-6062	174	81	ind7	ind7	NOUN
ajfa-6062	174	82	-0.088	-0.088	NUM
ajfa-6062	174	83	0.089	0.089	NUM
ajfa-6062	174	84	ind8	ind8	PROPN
ajfa-6062	174	85	-0.233	-0.233	PUNCT
ajfa-6062	175	1	<	<	X
ajfa-6062	175	2	.0001	.0001	X
ajfa-6062	175	3	ind9	ind9	NOUN
ajfa-6062	175	4	-0.033	-0.033	NUM
ajfa-6062	175	5	0.643	0.643	NUM
ajfa-6062	175	6	ind10	ind10	ADP
ajfa-6062	175	7	0.378	0.378	NUM
ajfa-6062	175	8	<	<	NOUN
ajfa-6062	175	9	.0001	.0001	PRON
ajfa-6062	175	10	ind11	ind11	NOUN
ajfa-6062	175	11	0.179	0.179	NUM
ajfa-6062	175	12	0.013	0.013	NUM
ajfa-6062	175	13	y2004	y2004	NUM
ajfa-6062	175	14	-0.213	-0.213	PUNCT
ajfa-6062	175	15	<	<	X
ajfa-6062	175	16	.0001	.0001	X
ajfa-6062	175	17	y2005	y2005	NUM
ajfa-6062	175	18	-0.039	-0.039	PROPN
ajfa-6062	175	19	0.155	0.155	NUM
ajfa-6062	175	20	n	n	PROPN
ajfa-6062	175	21	7884	7884	NUM
ajfa-6062	175	22	r2	r2	PROPN
ajfa-6062	175	23	0.591	0.591	NUM
ajfa-6062	175	24	asian	asian	ADJ
ajfa-6062	175	25	journal	journal	NOUN
ajfa-6062	175	26	of	of	ADP
ajfa-6062	175	27	finance	finance	PROPN
ajfa-6062	175	28	&	&	CCONJ
ajfa-6062	175	29	accounting	accounting	PROPN
ajfa-6062	175	30	issn	issn	PROPN
ajfa-6062	175	31	1946	1946	NUM
ajfa-6062	175	32	-	-	PUNCT
ajfa-6062	175	33	052x	052x	PROPN
ajfa-6062	175	34	2014	2014	NUM
ajfa-6062	175	35	,	,	PUNCT
ajfa-6062	175	36	vol	vol	NOUN
ajfa-6062	175	37	.	.	PROPN
ajfa-6062	175	38	6	6	NUM
ajfa-6062	175	39	,	,	PUNCT
ajfa-6062	175	40	no	no	INTJ
ajfa-6062	175	41	.	.	NOUN
ajfa-6062	175	42	2	2	NUM
ajfa-6062	175	43	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6062	175	44	97	97	NUM
ajfa-6062	175	45	the	the	DET
ajfa-6062	175	46	variables	variable	NOUN
ajfa-6062	175	47	are	be	AUX
ajfa-6062	175	48	defined	define	VERB
ajfa-6062	175	49	as	as	SCONJ
ajfa-6062	175	50	follows	follow	VERB
ajfa-6062	175	51	:	:	PUNCT
ajfa-6062	175	52	laf(lnonf	laf(lnonf	X
ajfa-6062	175	53	)	)	PUNCT
ajfa-6062	175	54	=	=	SYM
ajfa-6062	175	55	natural	natural	ADJ
ajfa-6062	175	56	log	log	NOUN
ajfa-6062	175	57	of	of	ADP
ajfa-6062	175	58	audit	audit	NOUN
ajfa-6062	175	59	(	(	PUNCT
ajfa-6062	175	60	non	non	ADJ
ajfa-6062	175	61	-	-	ADJ
ajfa-6062	175	62	audit	audit	ADJ
ajfa-6062	175	63	)	)	PUNCT
ajfa-6062	175	64	fees	fee	NOUN
ajfa-6062	175	65	in	in	ADP
ajfa-6062	175	66	dollars	dollar	NOUN
ajfa-6062	175	67	lta	lta	X
ajfa-6062	175	68	=	=	SYM
ajfa-6062	175	69	natural	natural	ADJ
ajfa-6062	175	70	log	log	NOUN
ajfa-6062	175	71	of	of	ADP
ajfa-6062	175	72	total	total	ADJ
ajfa-6062	175	73	assets	asset	NOUN
ajfa-6062	175	74	in	in	ADP
ajfa-6062	175	75	millions	million	NOUN
ajfa-6062	175	76	of	of	ADP
ajfa-6062	175	77	dollars	dollar	NOUN
ajfa-6062	175	78	lseg	lseg	ADJ
ajfa-6062	175	79	=	=	SYM
ajfa-6062	175	80	natural	natural	ADJ
ajfa-6062	175	81	log	log	NOUN
ajfa-6062	175	82	of	of	ADP
ajfa-6062	175	83	number	number	NOUN
ajfa-6062	175	84	of	of	ADP
ajfa-6062	175	85	unique	unique	ADJ
ajfa-6062	175	86	business	business	NOUN
ajfa-6062	175	87	segments	segment	NOUN
ajfa-6062	175	88	cata	cata	NOUN
ajfa-6062	175	89	=	=	NOUN
ajfa-6062	175	90	ratio	ratio	NOUN
ajfa-6062	175	91	of	of	ADP
ajfa-6062	175	92	current	current	ADJ
ajfa-6062	175	93	assets	asset	NOUN
ajfa-6062	175	94	to	to	PART
ajfa-6062	175	95	total	total	VERB
ajfa-6062	175	96	assets	asset	NOUN
ajfa-6062	175	97	quick	quick	ADJ
ajfa-6062	175	98	=	=	VERB
ajfa-6062	175	99	ratio	ratio	NOUN
ajfa-6062	175	100	of	of	ADP
ajfa-6062	175	101	current	current	ADJ
ajfa-6062	175	102	assets	asset	NOUN
ajfa-6062	175	103	(	(	PUNCT
ajfa-6062	175	104	less	less	ADJ
ajfa-6062	175	105	inventories	inventory	NOUN
ajfa-6062	175	106	)	)	PUNCT
ajfa-6062	175	107	to	to	ADP
ajfa-6062	175	108	current	current	ADJ
ajfa-6062	175	109	liabilities	liability	NOUN
ajfa-6062	175	110	de	de	ADP
ajfa-6062	175	111	=	=	NOUN
ajfa-6062	175	112	ratio	ratio	NOUN
ajfa-6062	175	113	of	of	ADP
ajfa-6062	175	114	long	long	ADJ
ajfa-6062	175	115	-	-	PUNCT
ajfa-6062	175	116	term	term	NOUN
ajfa-6062	175	117	debt	debt	NOUN
ajfa-6062	175	118	to	to	ADP
ajfa-6062	175	119	total	total	ADJ
ajfa-6062	175	120	assets	asset	NOUN
ajfa-6062	175	121	roa	roa	NOUN
ajfa-6062	176	1	=	=	NOUN
ajfa-6062	176	2	ratio	ratio	NOUN
ajfa-6062	176	3	of	of	ADP
ajfa-6062	176	4	earnings	earning	NOUN
ajfa-6062	176	5	before	before	ADP
ajfa-6062	176	6	extraordinary	extraordinary	ADJ
ajfa-6062	176	7	items	item	NOUN
ajfa-6062	176	8	to	to	PART
ajfa-6062	176	9	total	total	VERB
ajfa-6062	176	10	assets	asset	NOUN
ajfa-6062	176	11	foreign	foreign	ADJ
ajfa-6062	176	12	=	=	NOUN
ajfa-6062	176	13	proportion	proportion	NOUN
ajfa-6062	176	14	of	of	ADP
ajfa-6062	176	15	total	total	ADJ
ajfa-6062	176	16	sales	sale	NOUN
ajfa-6062	176	17	from	from	ADP
ajfa-6062	176	18	foreign	foreign	ADJ
ajfa-6062	176	19	operations	operation	NOUN
ajfa-6062	176	20	opinion	opinion	NOUN
ajfa-6062	176	21	=	=	PUNCT
ajfa-6062	176	22	indicator	indicator	NOUN
ajfa-6062	176	23	variable	variable	NOUN
ajfa-6062	176	24	,	,	PUNCT
ajfa-6062	176	25	1	1	NUM
ajfa-6062	176	26	=	=	NUM
ajfa-6062	176	27	qualified	qualified	ADJ
ajfa-6062	176	28	audit	audit	NOUN
ajfa-6062	176	29	report	report	NOUN
ajfa-6062	176	30	ye	ye	NOUN
ajfa-6062	176	31	=	=	SYM
ajfa-6062	176	32	indicator	indicator	NOUN
ajfa-6062	176	33	variable	variable	NOUN
ajfa-6062	176	34	,	,	PUNCT
ajfa-6062	176	35	1=	1=	X
ajfa-6062	176	36	non	non	ADJ
ajfa-6062	176	37	-	-	ADJ
ajfa-6062	176	38	dec	dec	ADJ
ajfa-6062	176	39	31	31	NUM
ajfa-6062	176	40	year	year	NOUN
ajfa-6062	176	41	end	end	NOUN
ajfa-6062	176	42	loss	loss	NOUN
ajfa-6062	176	43	=	=	SYM
ajfa-6062	177	1	indicator	indicator	NOUN
ajfa-6062	177	2	variable	variable	NOUN
ajfa-6062	177	3	,	,	PUNCT
ajfa-6062	177	4	1=	1=	NUM
ajfa-6062	177	5	loss	loss	NOUN
ajfa-6062	177	6	in	in	ADP
ajfa-6062	177	7	current	current	ADJ
ajfa-6062	177	8	fiscal	fiscal	ADJ
ajfa-6062	177	9	year	year	NOUN
ajfa-6062	177	10	big	big	ADJ
ajfa-6062	177	11	=	=	PUNCT
ajfa-6062	177	12	big	big	ADJ
ajfa-6062	177	13	auditors	auditor	NOUN
ajfa-6062	177	14	the	the	DET
ajfa-6062	177	15	11	11	NUM
ajfa-6062	177	16	industry	industry	NOUN
ajfa-6062	177	17	dummies	dummy	NOUN
ajfa-6062	177	18	(	(	PUNCT
ajfa-6062	177	19	ind1	ind1	NOUN
ajfa-6062	177	20	-	-	PUNCT
ajfa-6062	177	21	ind11	ind11	PROPN
ajfa-6062	177	22	)	)	PUNCT
ajfa-6062	177	23	are	be	AUX
ajfa-6062	177	24	the	the	DET
ajfa-6062	177	25	two	two	NUM
ajfa-6062	177	26	-	-	PUNCT
ajfa-6062	177	27	digit	digit	NOUN
ajfa-6062	177	28	sic	sic	ADJ
ajfa-6062	177	29	industries	industry	NOUN
ajfa-6062	177	30	of	of	ADP
ajfa-6062	177	31	37	37	NUM
ajfa-6062	177	32	,	,	PUNCT
ajfa-6062	177	33	87	87	NUM
ajfa-6062	177	34	,	,	PUNCT
ajfa-6062	177	35	50	50	NUM
ajfa-6062	177	36	,	,	PUNCT
ajfa-6062	177	37	13	13	NUM
ajfa-6062	177	38	,	,	PUNCT
ajfa-6062	177	39	48	48	NUM
ajfa-6062	177	40	,	,	PUNCT
ajfa-6062	177	41	49	49	NUM
ajfa-6062	177	42	,	,	PUNCT
ajfa-6062	177	43	35	35	NUM
ajfa-6062	177	44	,	,	PUNCT
ajfa-6062	177	45	38	38	NUM
ajfa-6062	177	46	,	,	PUNCT
ajfa-6062	177	47	36	36	NUM
ajfa-6062	177	48	,	,	PUNCT
ajfa-6062	177	49	28	28	NUM
ajfa-6062	177	50	and	and	CCONJ
ajfa-6062	177	51	73	73	NUM
ajfa-6062	177	52	respectively	respectively	ADV
ajfa-6062	177	53	.	.	PUNCT
ajfa-6062	178	1	for	for	ADP
ajfa-6062	178	2	brevity	brevity	NOUN
ajfa-6062	178	3	of	of	ADP
ajfa-6062	178	4	reporting8	reporting8	NOUN
ajfa-6062	178	5	,	,	PUNCT
ajfa-6062	178	6	table	table	NOUN
ajfa-6062	178	7	2	2	NUM
ajfa-6062	178	8	presents	present	VERB
ajfa-6062	178	9	the	the	DET
ajfa-6062	178	10	results	result	NOUN
ajfa-6062	178	11	of	of	ADP
ajfa-6062	178	12	the	the	DET
ajfa-6062	178	13	pooled	pooled	ADJ
ajfa-6062	178	14	regression	regression	NOUN
ajfa-6062	178	15	of	of	ADP
ajfa-6062	178	16	the	the	DET
ajfa-6062	178	17	audit	audit	NOUN
ajfa-6062	178	18	pricing	pricing	NOUN
ajfa-6062	178	19	model	model	NOUN
ajfa-6062	178	20	without	without	ADP
ajfa-6062	178	21	syn	syn	PROPN
ajfa-6062	178	22	.	.	PROPN
ajfa-6062	178	23	however	however	ADV
ajfa-6062	178	24	,	,	PUNCT
ajfa-6062	178	25	audit	audit	NOUN
ajfa-6062	178	26	fee	fee	NOUN
ajfa-6062	178	27	regressions	regression	NOUN
ajfa-6062	178	28	are	be	AUX
ajfa-6062	178	29	run	run	VERB
ajfa-6062	178	30	each	each	DET
ajfa-6062	178	31	year	year	NOUN
ajfa-6062	178	32	by	by	ADP
ajfa-6062	178	33	industry	industry	NOUN
ajfa-6062	178	34	with	with	ADP
ajfa-6062	178	35	a	a	DET
ajfa-6062	178	36	requirement	requirement	NOUN
ajfa-6062	178	37	of	of	ADP
ajfa-6062	178	38	at	at	ADV
ajfa-6062	178	39	least	least	ADV
ajfa-6062	178	40	10	10	NUM
ajfa-6062	178	41	observations	observation	NOUN
ajfa-6062	178	42	for	for	ADP
ajfa-6062	178	43	each	each	DET
ajfa-6062	178	44	industry	industry	NOUN
ajfa-6062	178	45	in	in	ADP
ajfa-6062	178	46	each	each	DET
ajfa-6062	178	47	year	year	NOUN
ajfa-6062	178	48	.	.	PUNCT
ajfa-6062	179	1	table	table	NOUN
ajfa-6062	179	2	2	2	NUM
ajfa-6062	179	3	shows	show	VERB
ajfa-6062	179	4	that	that	SCONJ
ajfa-6062	179	5	the	the	DET
ajfa-6062	179	6	r2	r2	NOUN
ajfa-6062	179	7	of	of	ADP
ajfa-6062	179	8	the	the	DET
ajfa-6062	179	9	audit	audit	NOUN
ajfa-6062	179	10	fee	fee	NOUN
ajfa-6062	179	11	model	model	NOUN
ajfa-6062	179	12	is	be	AUX
ajfa-6062	179	13	0.59	0.59	NUM
ajfa-6062	179	14	,	,	PUNCT
ajfa-6062	179	15	which	which	PRON
ajfa-6062	179	16	is	be	AUX
ajfa-6062	179	17	comparable	comparable	ADJ
ajfa-6062	179	18	to	to	ADP
ajfa-6062	179	19	the	the	DET
ajfa-6062	179	20	r2	r2	NOUN
ajfa-6062	179	21	of	of	ADP
ajfa-6062	179	22	0.66	0.66	NUM
ajfa-6062	179	23	of	of	ADP
ajfa-6062	179	24	defond	defond	NOUN
ajfa-6062	179	25	et	et	PROPN
ajfa-6062	179	26	al	al	PROPN
ajfa-6062	179	27	.	.	PROPN
ajfa-6062	180	1	(	(	PUNCT
ajfa-6062	180	2	2002	2002	NUM
ajfa-6062	180	3	,	,	PUNCT
ajfa-6062	180	4	table	table	NOUN
ajfa-6062	180	5	4	4	NUM
ajfa-6062	180	6	)	)	PUNCT
ajfa-6062	180	7	and	and	CCONJ
ajfa-6062	180	8	0.66	0.66	NUM
ajfa-6062	180	9	of	of	ADP
ajfa-6062	180	10	ashbaugh	ashbaugh	NOUN
ajfa-6062	180	11	et	et	PROPN
ajfa-6062	180	12	al	al	PROPN
ajfa-6062	180	13	.	.	PROPN
ajfa-6062	181	1	(	(	PUNCT
ajfa-6062	181	2	2003	2003	NUM
ajfa-6062	181	3	,	,	PUNCT
ajfa-6062	181	4	table	table	NOUN
ajfa-6062	181	5	2	2	NUM
ajfa-6062	181	6	)	)	PUNCT
ajfa-6062	181	7	.	.	PUNCT
ajfa-6062	182	1	table	table	NOUN
ajfa-6062	182	2	3	3	NUM
ajfa-6062	182	3	.	.	PUNCT
ajfa-6062	183	1	regression	regression	NOUN
ajfa-6062	183	2	results	result	NOUN
ajfa-6062	183	3	of	of	ADP
ajfa-6062	183	4	audit	audit	NOUN
ajfa-6062	183	5	pricing	pricing	NOUN
ajfa-6062	183	6	of	of	ADP
ajfa-6062	183	7	syn	syn	PROPN
ajfa-6062	183	8	the	the	DET
ajfa-6062	183	9	results	result	NOUN
ajfa-6062	183	10	of	of	ADP
ajfa-6062	183	11	the	the	DET
ajfa-6062	183	12	pooled	pooled	ADJ
ajfa-6062	183	13	regression	regression	NOUN
ajfa-6062	183	14	on	on	ADP
ajfa-6062	183	15	the	the	DET
ajfa-6062	183	16	audit	audit	NOUN
ajfa-6062	183	17	pricing	pricing	NOUN
ajfa-6062	183	18	of	of	ADP
ajfa-6062	183	19	stock	stock	NOUN
ajfa-6062	183	20	prince	prince	PROPN
ajfa-6062	183	21	synchronicity	synchronicity	NOUN
ajfa-6062	183	22	:	:	PUNCT
ajfa-6062	183	23	laf	laf	PROPN
ajfa-6062	183	24	=	=	PROPN
ajfa-6062	183	25	b0	b0	PROPN
ajfa-6062	183	26	+	+	CCONJ
ajfa-6062	183	27	b1lta	b1lta	NOUN
ajfa-6062	183	28	+	+	CCONJ
ajfa-6062	183	29	b2lseg	b2lseg	NOUN
ajfa-6062	183	30	+	+	CCONJ
ajfa-6062	183	31	b3cata	b3cata	PROPN
ajfa-6062	183	32	+	+	CCONJ
ajfa-6062	183	33	b4quick	b4quick	NOUN
ajfa-6062	183	34	+	+	CCONJ
ajfa-6062	183	35	b5de	b5de	PUNCT
ajfa-6062	183	36	+	+	NUM
ajfa-6062	183	37	b6roa	b6roa	NOUN
ajfa-6062	183	38	+	+	CCONJ
ajfa-6062	183	39	b7foreign	b7foreign	NOUN
ajfa-6062	183	40	+	+	NUM
ajfa-6062	183	41	b8opinion	b8opinion	NOUN
ajfa-6062	183	42	+	+	CCONJ
ajfa-6062	183	43	b9ye	b9ye	PUNCT
ajfa-6062	184	1	+	+	CCONJ
ajfa-6062	184	2	b10loss	b10loss	PROPN
ajfa-6062	184	3	+	+	CCONJ
ajfa-6062	184	4	b11big	b11big	PROPN
ajfa-6062	184	5	+	+	CCONJ
ajfa-6062	184	6	b12syn	b12syn	PROPN
ajfa-6062	184	7	+	+	CCONJ
ajfa-6062	184	8	industry	industry	NOUN
ajfa-6062	184	9	effect	effect	NOUN
ajfa-6062	184	10	variable	variable	ADJ
ajfa-6062	184	11	estimate	estimate	NOUN
ajfa-6062	184	12	t	t	NOUN
ajfa-6062	184	13	value	value	NOUN
ajfa-6062	184	14	p	p	NOUN
ajfa-6062	184	15	value	value	NOUN
ajfa-6062	184	16	intercept	intercept	VERB
ajfa-6062	184	17	9.579	9.579	NUM
ajfa-6062	184	18	162.44	162.44	NUM
ajfa-6062	184	19	<	<	X
ajfa-6062	184	20	.0001	.0001	X
ajfa-6062	184	21	lta	lta	X
ajfa-6062	184	22	0.542	0.542	NUM
ajfa-6062	184	23	80.82	80.82	NUM
ajfa-6062	184	24	<	<	X
ajfa-6062	184	25	.0001	.0001	X
ajfa-6062	184	26	lseg	lseg	PROPN
ajfa-6062	184	27	0.218	0.218	NUM
ajfa-6062	184	28	13.29	13.29	NUM
ajfa-6062	184	29	<	<	X
ajfa-6062	184	30	.0001	.0001	PROPN
ajfa-6062	184	31	cata	cata	NOUN
ajfa-6062	184	32	0.494	0.494	NUM
ajfa-6062	184	33	11.07	11.07	NUM
ajfa-6062	184	34	<	<	X
ajfa-6062	184	35	.0001	.0001	X
ajfa-6062	184	36	quick	quick	ADJ
ajfa-6062	184	37	-0.043	-0.043	PUNCT
ajfa-6062	184	38	-9.75	-9.75	X
ajfa-6062	184	39	<	<	X
ajfa-6062	184	40	.0001	.0001	X
ajfa-6062	184	41	de	de	X
ajfa-6062	184	42	0.031	0.031	NUM
ajfa-6062	184	43	0.59	0.59	NUM
ajfa-6062	184	44	0.557	0.557	NUM
ajfa-6062	184	45	roa	roa	PROPN
ajfa-6062	184	46	-0.47	-0.47	PROPN
ajfa-6062	184	47	-8.43	-8.43	NUM
ajfa-6062	184	48	<	<	X
ajfa-6062	184	49	.0001	.0001	X
ajfa-6062	184	50	foreign	foreign	ADJ
ajfa-6062	184	51	0.345	0.345	NUM
ajfa-6062	184	52	10.99	10.99	NUM
ajfa-6062	184	53	<	<	X
ajfa-6062	184	54	.0001	.0001	PRON
ajfa-6062	184	55	opinion	opinion	NOUN
ajfa-6062	184	56	0.155	0.155	NUM
ajfa-6062	184	57	8.64	8.64	NUM
ajfa-6062	184	58	<	<	X
ajfa-6062	184	59	.0001	.0001	X
ajfa-6062	184	60	ye	ye	PRON
ajfa-6062	184	61	-0.222	-0.222	NOUN
ajfa-6062	184	62	-13.49	-13.49	X
ajfa-6062	184	63	<	<	X
ajfa-6062	184	64	.0001	.0001	X
ajfa-6062	184	65	loss	loss	NOUN
ajfa-6062	184	66	0.093	0.093	NUM
ajfa-6062	184	67	4.06	4.06	NUM
ajfa-6062	184	68	<	<	X
ajfa-6062	184	69	.0001	.0001	X
ajfa-6062	184	70	8	8	NUM
ajfa-6062	184	71	the	the	DET
ajfa-6062	184	72	unreported	unreported	ADJ
ajfa-6062	184	73	results	result	NOUN
ajfa-6062	184	74	show	show	VERB
ajfa-6062	184	75	that	that	SCONJ
ajfa-6062	184	76	most	most	ADV
ajfa-6062	184	77	mean	mean	ADJ
ajfa-6062	184	78	coefficients	coefficient	NOUN
ajfa-6062	184	79	of	of	ADP
ajfa-6062	184	80	regressions	regression	NOUN
ajfa-6062	184	81	by	by	ADP
ajfa-6062	184	82	each	each	DET
ajfa-6062	184	83	industry	industry	NOUN
ajfa-6062	184	84	and	and	CCONJ
ajfa-6062	184	85	year	year	NOUN
ajfa-6062	184	86	are	be	AUX
ajfa-6062	184	87	insignificant	insignificant	ADJ
ajfa-6062	184	88	compared	compare	VERB
ajfa-6062	184	89	the	the	DET
ajfa-6062	184	90	reported	report	VERB
ajfa-6062	184	91	pooled	pool	VERB
ajfa-6062	184	92	regression	regression	NOUN
ajfa-6062	184	93	results	result	NOUN
ajfa-6062	184	94	.	.	PUNCT
ajfa-6062	185	1	asian	asian	ADJ
ajfa-6062	185	2	journal	journal	PROPN
ajfa-6062	185	3	of	of	ADP
ajfa-6062	185	4	finance	finance	PROPN
ajfa-6062	185	5	&	&	CCONJ
ajfa-6062	185	6	accounting	accounting	PROPN
ajfa-6062	185	7	issn	issn	PROPN
ajfa-6062	185	8	1946	1946	NUM
ajfa-6062	185	9	-	-	PUNCT
ajfa-6062	185	10	052x	052x	PROPN
ajfa-6062	185	11	2014	2014	NUM
ajfa-6062	185	12	,	,	PUNCT
ajfa-6062	185	13	vol	vol	NOUN
ajfa-6062	185	14	.	.	PROPN
ajfa-6062	186	1	6	6	NUM
ajfa-6062	186	2	,	,	PUNCT
ajfa-6062	186	3	no	no	INTJ
ajfa-6062	186	4	.	.	NOUN
ajfa-6062	186	5	2	2	NUM
ajfa-6062	186	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6062	186	7	98	98	NUM
ajfa-6062	186	8	big	big	ADJ
ajfa-6062	186	9	0.266	0.266	NUM
ajfa-6062	186	10	11.86	11.86	NUM
ajfa-6062	186	11	<	<	X
ajfa-6062	186	12	.0001	.0001	X
ajfa-6062	186	13	syn	syn	PROPN
ajfa-6062	186	14	0.018	0.018	NUM
ajfa-6062	186	15	2.42	2.42	NUM
ajfa-6062	186	16	0.015	0.015	NUM
ajfa-6062	186	17	ind1	ind1	NOUN
ajfa-6062	186	18	-0.273	-0.273	PUNCT
ajfa-6062	186	19	-5.64	-5.64	NUM
ajfa-6062	186	20	<	<	X
ajfa-6062	186	21	.0001	.0001	NOUN
ajfa-6062	186	22	ind2	ind2	NOUN
ajfa-6062	186	23	0.006	0.006	NUM
ajfa-6062	186	24	0.13	0.13	NUM
ajfa-6062	186	25	0.896	0.896	NUM
ajfa-6062	186	26	ind3	ind3	NOUN
ajfa-6062	186	27	-0.337	-0.337	PUNCT
ajfa-6062	187	1	-7.98	-7.98	NUM
ajfa-6062	187	2	<	<	X
ajfa-6062	187	3	.0001	.0001	X
ajfa-6062	187	4	ind4	ind4	NOUN
ajfa-6062	187	5	0.176	0.176	NUM
ajfa-6062	187	6	5.39	5.39	NUM
ajfa-6062	187	7	<	<	NOUN
ajfa-6062	187	8	.0001	.0001	X
ajfa-6062	187	9	ind5	ind5	PROPN
ajfa-6062	187	10	0.287	0.287	NUM
ajfa-6062	187	11	9.32	9.32	NUM
ajfa-6062	187	12	<	<	X
ajfa-6062	187	13	.0001	.0001	X
ajfa-6062	187	14	ind6	ind6	PROPN
ajfa-6062	187	15	0.117	0.117	NUM
ajfa-6062	187	16	4.1	4.1	NUM
ajfa-6062	187	17	<	<	X
ajfa-6062	187	18	.0001	.0001	X
ajfa-6062	187	19	ind7	ind7	PROPN
ajfa-6062	187	20	0.058	0.058	NUM
ajfa-6062	187	21	1.98	1.98	NUM
ajfa-6062	187	22	0.048	0.048	NUM
ajfa-6062	187	23	ind8	ind8	PROPN
ajfa-6062	187	24	0.362	0.362	NUM
ajfa-6062	187	25	14.46	14.46	NUM
ajfa-6062	187	26	<	<	X
ajfa-6062	187	27	.0001	.0001	X
ajfa-6062	187	28	y2004	y2004	X
ajfa-6062	187	29	-0.239	-0.239	PUNCT
ajfa-6062	187	30	-11.64	-11.64	PUNCT
ajfa-6062	187	31	<	<	X
ajfa-6062	187	32	.0001	.0001	X
ajfa-6062	187	33	y2005	y2005	NUM
ajfa-6062	187	34	-0.005	-0.005	NOUN
ajfa-6062	187	35	-0.22	-0.22	PRON
ajfa-6062	187	36	0.829	0.829	NUM
ajfa-6062	187	37	n	n	NUM
ajfa-6062	187	38	7884	7884	NUM
ajfa-6062	187	39	r2	r2	PROPN
ajfa-6062	187	40	0.727	0.727	NUM
ajfa-6062	187	41	the	the	DET
ajfa-6062	187	42	above	above	ADJ
ajfa-6062	187	43	sample	sample	NOUN
ajfa-6062	187	44	excludes	exclude	VERB
ajfa-6062	187	45	the	the	DET
ajfa-6062	187	46	top	top	ADJ
ajfa-6062	187	47	and	and	CCONJ
ajfa-6062	187	48	bottom	bottom	ADJ
ajfa-6062	187	49	1	1	NUM
ajfa-6062	187	50	percentiles	percentile	NOUN
ajfa-6062	187	51	of	of	ADP
ajfa-6062	187	52	laf	laf	PROPN
ajfa-6062	187	53	,	,	PUNCT
ajfa-6062	187	54	lta	lta	PROPN
ajfa-6062	187	55	,	,	PUNCT
ajfa-6062	187	56	cata	cata	NOUN
ajfa-6062	187	57	,	,	PUNCT
ajfa-6062	187	58	quick	quick	ADJ
ajfa-6062	187	59	,	,	PUNCT
ajfa-6062	187	60	de	de	X
ajfa-6062	187	61	,	,	PUNCT
ajfa-6062	187	62	roa	roa	NOUN
ajfa-6062	187	63	,	,	PUNCT
ajfa-6062	187	64	foreign	foreign	ADJ
ajfa-6062	187	65	and	and	CCONJ
ajfa-6062	187	66	syn	syn	PROPN
ajfa-6062	187	67	.	.	PUNCT
ajfa-6062	188	1	the	the	DET
ajfa-6062	188	2	variables	variable	NOUN
ajfa-6062	188	3	are	be	AUX
ajfa-6062	188	4	defined	define	VERB
ajfa-6062	188	5	as	as	SCONJ
ajfa-6062	188	6	follows	follow	VERB
ajfa-6062	188	7	:	:	PUNCT
ajfa-6062	188	8	laf	laf	PROPN
ajfa-6062	188	9	=	=	SYM
ajfa-6062	188	10	natural	natural	ADJ
ajfa-6062	188	11	log	log	NOUN
ajfa-6062	188	12	of	of	ADP
ajfa-6062	188	13	audit	audit	NOUN
ajfa-6062	188	14	fees	fee	NOUN
ajfa-6062	188	15	in	in	ADP
ajfa-6062	188	16	dollars	dollar	NOUN
ajfa-6062	188	17	lta	lta	X
ajfa-6062	188	18	=	=	SYM
ajfa-6062	188	19	natural	natural	ADJ
ajfa-6062	188	20	log	log	NOUN
ajfa-6062	188	21	of	of	ADP
ajfa-6062	188	22	total	total	ADJ
ajfa-6062	188	23	assets	asset	NOUN
ajfa-6062	188	24	in	in	ADP
ajfa-6062	188	25	millions	million	NOUN
ajfa-6062	188	26	of	of	ADP
ajfa-6062	188	27	dollars	dollar	NOUN
ajfa-6062	188	28	lseg	lseg	ADJ
ajfa-6062	188	29	=	=	SYM
ajfa-6062	188	30	natural	natural	ADJ
ajfa-6062	188	31	log	log	NOUN
ajfa-6062	188	32	of	of	ADP
ajfa-6062	188	33	number	number	NOUN
ajfa-6062	188	34	of	of	ADP
ajfa-6062	188	35	unique	unique	ADJ
ajfa-6062	188	36	business	business	NOUN
ajfa-6062	188	37	segments	segment	NOUN
ajfa-6062	188	38	cata	cata	NOUN
ajfa-6062	188	39	=	=	NOUN
ajfa-6062	188	40	ratio	ratio	NOUN
ajfa-6062	188	41	of	of	ADP
ajfa-6062	188	42	current	current	ADJ
ajfa-6062	188	43	assets	asset	NOUN
ajfa-6062	188	44	to	to	PART
ajfa-6062	188	45	total	total	VERB
ajfa-6062	188	46	assets	asset	NOUN
ajfa-6062	188	47	quick	quick	ADJ
ajfa-6062	188	48	=	=	VERB
ajfa-6062	188	49	ratio	ratio	NOUN
ajfa-6062	188	50	of	of	ADP
ajfa-6062	188	51	current	current	ADJ
ajfa-6062	188	52	assets	asset	NOUN
ajfa-6062	188	53	(	(	PUNCT
ajfa-6062	188	54	less	less	ADJ
ajfa-6062	188	55	inventories	inventory	NOUN
ajfa-6062	188	56	)	)	PUNCT
ajfa-6062	188	57	to	to	ADP
ajfa-6062	188	58	current	current	ADJ
ajfa-6062	188	59	liabilities	liability	NOUN
ajfa-6062	188	60	de	de	ADP
ajfa-6062	188	61	=	=	NOUN
ajfa-6062	188	62	ratio	ratio	NOUN
ajfa-6062	188	63	of	of	ADP
ajfa-6062	188	64	long	long	ADJ
ajfa-6062	188	65	-	-	PUNCT
ajfa-6062	188	66	term	term	NOUN
ajfa-6062	188	67	debt	debt	NOUN
ajfa-6062	188	68	to	to	ADP
ajfa-6062	188	69	total	total	ADJ
ajfa-6062	188	70	assets	asset	NOUN
ajfa-6062	188	71	roa	roa	NOUN
ajfa-6062	189	1	=	=	NOUN
ajfa-6062	189	2	ratio	ratio	NOUN
ajfa-6062	189	3	of	of	ADP
ajfa-6062	189	4	earnings	earning	NOUN
ajfa-6062	189	5	before	before	ADP
ajfa-6062	189	6	extraordinary	extraordinary	ADJ
ajfa-6062	189	7	items	item	NOUN
ajfa-6062	189	8	to	to	PART
ajfa-6062	189	9	total	total	VERB
ajfa-6062	189	10	assets	asset	NOUN
ajfa-6062	189	11	foreign	foreign	ADJ
ajfa-6062	189	12	=	=	NOUN
ajfa-6062	189	13	proportion	proportion	NOUN
ajfa-6062	189	14	of	of	ADP
ajfa-6062	189	15	total	total	ADJ
ajfa-6062	189	16	sales	sale	NOUN
ajfa-6062	189	17	from	from	ADP
ajfa-6062	189	18	foreign	foreign	ADJ
ajfa-6062	189	19	operations	operation	NOUN
ajfa-6062	189	20	opinion	opinion	NOUN
ajfa-6062	189	21	=	=	PUNCT
ajfa-6062	189	22	indicator	indicator	NOUN
ajfa-6062	189	23	variable	variable	NOUN
ajfa-6062	189	24	,	,	PUNCT
ajfa-6062	189	25	1	1	NUM
ajfa-6062	189	26	=	=	NUM
ajfa-6062	189	27	qualified	qualified	ADJ
ajfa-6062	189	28	audit	audit	NOUN
ajfa-6062	189	29	report	report	NOUN
ajfa-6062	189	30	ye	ye	NOUN
ajfa-6062	189	31	=	=	SYM
ajfa-6062	189	32	indicator	indicator	NOUN
ajfa-6062	189	33	variable	variable	NOUN
ajfa-6062	189	34	,	,	PUNCT
ajfa-6062	189	35	1=	1=	X
ajfa-6062	189	36	non	non	ADJ
ajfa-6062	189	37	-	-	ADJ
ajfa-6062	189	38	dec	dec	ADJ
ajfa-6062	189	39	31	31	NUM
ajfa-6062	189	40	year	year	NOUN
ajfa-6062	189	41	end	end	NOUN
ajfa-6062	189	42	loss	loss	NOUN
ajfa-6062	189	43	=	=	SYM
ajfa-6062	190	1	indicator	indicator	NOUN
ajfa-6062	190	2	variable	variable	NOUN
ajfa-6062	190	3	,	,	PUNCT
ajfa-6062	190	4	1=	1=	NUM
ajfa-6062	190	5	loss	loss	NOUN
ajfa-6062	190	6	in	in	ADP
ajfa-6062	190	7	current	current	ADJ
ajfa-6062	190	8	fiscal	fiscal	ADJ
ajfa-6062	190	9	year	year	NOUN
ajfa-6062	190	10	big	big	ADJ
ajfa-6062	190	11	=	=	PUNCT
ajfa-6062	190	12	big	big	ADJ
ajfa-6062	190	13	auditors	auditor	NOUN
ajfa-6062	190	14	syn	syn	NOUN
ajfa-6062	190	15	=	=	NOUN
ajfa-6062	190	16	stock	stock	NOUN
ajfa-6062	190	17	price	price	NOUN
ajfa-6062	190	18	synchronicity	synchronicity	NOUN
ajfa-6062	190	19	industry	industry	NOUN
ajfa-6062	190	20	effects	effect	NOUN
ajfa-6062	190	21	=	=	SYM
ajfa-6062	191	1	industry	industry	NOUN
ajfa-6062	191	2	dummy	dummy	NOUN
ajfa-6062	191	3	variables	variable	NOUN
ajfa-6062	191	4	for	for	ADP
ajfa-6062	191	5	two	two	NUM
ajfa-6062	191	6	-	-	PUNCT
ajfa-6062	191	7	digit	digit	NOUN
ajfa-6062	191	8	sic	sic	ADJ
ajfa-6062	191	9	industry	industry	NOUN
ajfa-6062	191	10	the	the	DET
ajfa-6062	191	11	eight	eight	NUM
ajfa-6062	191	12	industry	industry	NOUN
ajfa-6062	191	13	groups	group	NOUN
ajfa-6062	191	14	are	be	AUX
ajfa-6062	191	15	two	two	NUM
ajfa-6062	191	16	-	-	PUNCT
ajfa-6062	191	17	digit	digit	NOUN
ajfa-6062	191	18	sic	sic	ADJ
ajfa-6062	191	19	code	code	NOUN
ajfa-6062	191	20	of	of	ADP
ajfa-6062	191	21	13	13	NUM
ajfa-6062	191	22	,	,	PUNCT
ajfa-6062	191	23	48	48	NUM
ajfa-6062	191	24	,	,	PUNCT
ajfa-6062	191	25	49	49	NUM
ajfa-6062	191	26	,	,	PUNCT
ajfa-6062	191	27	35	35	NUM
ajfa-6062	191	28	,	,	PUNCT
ajfa-6062	191	29	38	38	NUM
ajfa-6062	191	30	,	,	PUNCT
ajfa-6062	191	31	36	36	NUM
ajfa-6062	191	32	,	,	PUNCT
ajfa-6062	191	33	28	28	NUM
ajfa-6062	191	34	,	,	PUNCT
ajfa-6062	191	35	73	73	NUM
ajfa-6062	191	36	with	with	ADP
ajfa-6062	191	37	more	more	ADJ
ajfa-6062	191	38	than	than	ADP
ajfa-6062	191	39	500	500	NUM
ajfa-6062	191	40	observations	observation	NOUN
ajfa-6062	191	41	for	for	ADP
ajfa-6062	191	42	each	each	DET
ajfa-6062	191	43	industry	industry	NOUN
ajfa-6062	191	44	.	.	PUNCT
ajfa-6062	192	1	table	table	NOUN
ajfa-6062	192	2	3	3	NUM
ajfa-6062	192	3	presents	present	VERB
ajfa-6062	192	4	the	the	DET
ajfa-6062	192	5	results	result	NOUN
ajfa-6062	192	6	for	for	ADP
ajfa-6062	192	7	the	the	DET
ajfa-6062	192	8	pooled	pooled	ADJ
ajfa-6062	192	9	regression	regression	NOUN
ajfa-6062	192	10	.	.	PUNCT
ajfa-6062	193	1	note	note	VERB
ajfa-6062	193	2	that	that	SCONJ
ajfa-6062	193	3	the	the	DET
ajfa-6062	193	4	r2	r2	NOUN
ajfa-6062	193	5	of	of	ADP
ajfa-6062	193	6	the	the	DET
ajfa-6062	193	7	pooled	pool	VERB
ajfa-6062	193	8	regression	regression	NOUN
ajfa-6062	193	9	is	be	AUX
ajfa-6062	193	10	0.727	0.727	NUM
ajfa-6062	193	11	,	,	PUNCT
ajfa-6062	193	12	which	which	PRON
ajfa-6062	193	13	is	be	AUX
ajfa-6062	193	14	comparable	comparable	ADJ
ajfa-6062	193	15	to	to	ADP
ajfa-6062	193	16	the	the	DET
ajfa-6062	193	17	r2	r2	NOUN
ajfa-6062	193	18	of	of	ADP
ajfa-6062	193	19	0.66	0.66	NUM
ajfa-6062	193	20	of	of	ADP
ajfa-6062	193	21	defond	defond	NOUN
ajfa-6062	193	22	et	et	PROPN
ajfa-6062	193	23	al	al	PROPN
ajfa-6062	193	24	.	.	PROPN
ajfa-6062	194	1	(	(	PUNCT
ajfa-6062	194	2	2002	2002	NUM
ajfa-6062	194	3	,	,	PUNCT
ajfa-6062	194	4	table	table	NOUN
ajfa-6062	194	5	4	4	NUM
ajfa-6062	194	6	)	)	PUNCT
ajfa-6062	194	7	and	and	CCONJ
ajfa-6062	194	8	0.66	0.66	NUM
ajfa-6062	194	9	of	of	ADP
ajfa-6062	194	10	ashbaugh	ashbaugh	NOUN
ajfa-6062	194	11	et	et	PROPN
ajfa-6062	194	12	al	al	PROPN
ajfa-6062	194	13	.	.	PROPN
ajfa-6062	195	1	(	(	PUNCT
ajfa-6062	195	2	2003	2003	NUM
ajfa-6062	195	3	,	,	PUNCT
ajfa-6062	195	4	table2	table2	PROPN
ajfa-6062	195	5	)	)	PUNCT
ajfa-6062	195	6	.	.	PUNCT
ajfa-6062	196	1	the	the	DET
ajfa-6062	196	2	coefficient	coefficient	NOUN
ajfa-6062	196	3	on	on	ADP
ajfa-6062	196	4	syn	syn	PROPN
ajfa-6062	196	5	is	be	AUX
ajfa-6062	196	6	0.018	0.018	NUM
ajfa-6062	196	7	and	and	CCONJ
ajfa-6062	196	8	significant	significant	ADJ
ajfa-6062	196	9	(	(	PUNCT
ajfa-6062	196	10	p	p	NOUN
ajfa-6062	196	11	value	value	NOUN
ajfa-6062	196	12	of	of	ADP
ajfa-6062	196	13	0.015	0.015	NUM
ajfa-6062	196	14	)	)	PUNCT
ajfa-6062	196	15	,	,	PUNCT
ajfa-6062	196	16	which	which	PRON
ajfa-6062	196	17	seems	seem	VERB
ajfa-6062	196	18	to	to	PART
ajfa-6062	196	19	support	support	VERB
ajfa-6062	196	20	hypothesis	hypothesis	NOUN
ajfa-6062	196	21	1	1	NUM
ajfa-6062	196	22	not	not	PART
ajfa-6062	196	23	only	only	ADV
ajfa-6062	196	24	in	in	ADP
ajfa-6062	196	25	2004	2004	NUM
ajfa-6062	196	26	but	but	CCONJ
ajfa-6062	196	27	also	also	ADV
ajfa-6062	196	28	2005	2005	NUM
ajfa-6062	196	29	to	to	ADP
ajfa-6062	196	30	2006	2006	NUM
ajfa-6062	196	31	.	.	PUNCT
ajfa-6062	197	1	however	however	ADV
ajfa-6062	197	2	,	,	PUNCT
ajfa-6062	197	3	the	the	DET
ajfa-6062	197	4	annual	annual	ADJ
ajfa-6062	197	5	results	result	NOUN
ajfa-6062	197	6	of	of	ADP
ajfa-6062	197	7	table	table	NOUN
ajfa-6062	197	8	4	4	NUM
ajfa-6062	197	9	support	support	NOUN
ajfa-6062	197	10	hypothesis	hypothesis	NOUN
ajfa-6062	197	11	1	1	NUM
ajfa-6062	197	12	in	in	ADP
ajfa-6062	197	13	2004	2004	NUM
ajfa-6062	197	14	only	only	ADV
ajfa-6062	197	15	.	.	PUNCT
ajfa-6062	198	1	asian	asian	ADJ
ajfa-6062	198	2	journal	journal	PROPN
ajfa-6062	198	3	of	of	ADP
ajfa-6062	198	4	finance	finance	PROPN
ajfa-6062	198	5	&	&	CCONJ
ajfa-6062	198	6	accounting	accounting	PROPN
ajfa-6062	198	7	issn	issn	PROPN
ajfa-6062	198	8	1946	1946	NUM
ajfa-6062	198	9	-	-	PUNCT
ajfa-6062	198	10	052x	052x	PROPN
ajfa-6062	198	11	2014	2014	NUM
ajfa-6062	198	12	,	,	PUNCT
ajfa-6062	198	13	vol	vol	NOUN
ajfa-6062	198	14	.	.	PROPN
ajfa-6062	199	1	6	6	NUM
ajfa-6062	199	2	,	,	PUNCT
ajfa-6062	199	3	no	no	INTJ
ajfa-6062	199	4	.	.	NOUN
ajfa-6062	199	5	2	2	NUM
ajfa-6062	199	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6062	199	7	99	99	NUM
ajfa-6062	199	8	table	table	NOUN
ajfa-6062	199	9	4	4	NUM
ajfa-6062	199	10	.	.	PUNCT
ajfa-6062	199	11	annual	annual	ADJ
ajfa-6062	199	12	regression	regression	NOUN
ajfa-6062	199	13	results	result	NOUN
ajfa-6062	199	14	of	of	ADP
ajfa-6062	199	15	audit	audit	NOUN
ajfa-6062	199	16	pricing	pricing	NOUN
ajfa-6062	199	17	of	of	ADP
ajfa-6062	199	18	syn	syn	PROPN
ajfa-6062	199	19	the	the	DET
ajfa-6062	199	20	results	result	NOUN
ajfa-6062	199	21	of	of	ADP
ajfa-6062	199	22	the	the	DET
ajfa-6062	199	23	annual	annual	ADJ
ajfa-6062	199	24	regressions	regression	NOUN
ajfa-6062	199	25	on	on	ADP
ajfa-6062	199	26	the	the	DET
ajfa-6062	199	27	audit	audit	NOUN
ajfa-6062	199	28	pricing	pricing	NOUN
ajfa-6062	199	29	of	of	ADP
ajfa-6062	199	30	stock	stock	NOUN
ajfa-6062	199	31	prince	prince	PROPN
ajfa-6062	199	32	synchronicity	synchronicity	NOUN
ajfa-6062	199	33	:	:	PUNCT
ajfa-6062	199	34	laf	laf	PROPN
ajfa-6062	199	35	=	=	PROPN
ajfa-6062	199	36	b0	b0	PROPN
ajfa-6062	199	37	+	+	CCONJ
ajfa-6062	199	38	b1lta	b1lta	NOUN
ajfa-6062	199	39	+	+	CCONJ
ajfa-6062	199	40	b2lseg	b2lseg	NOUN
ajfa-6062	199	41	+	+	CCONJ
ajfa-6062	199	42	b3cata	b3cata	PROPN
ajfa-6062	199	43	+	+	CCONJ
ajfa-6062	199	44	b4quick	b4quick	NOUN
ajfa-6062	199	45	+	+	CCONJ
ajfa-6062	199	46	b5de	b5de	PUNCT
ajfa-6062	199	47	+	+	NUM
ajfa-6062	199	48	b6roa	b6roa	NOUN
ajfa-6062	199	49	+	+	CCONJ
ajfa-6062	199	50	b7foreign	b7foreign	NOUN
ajfa-6062	199	51	+	+	NUM
ajfa-6062	199	52	b8opinion	b8opinion	NOUN
ajfa-6062	199	53	+	+	CCONJ
ajfa-6062	199	54	b9ye	b9ye	PUNCT
ajfa-6062	200	1	+	+	CCONJ
ajfa-6062	200	2	b10loss	b10loss	PROPN
ajfa-6062	200	3	+	+	CCONJ
ajfa-6062	200	4	b11big	b11big	PROPN
ajfa-6062	200	5	+	+	CCONJ
ajfa-6062	200	6	b12syn	b12syn	PROPN
ajfa-6062	200	7	+	+	CCONJ
ajfa-6062	200	8	industry	industry	NOUN
ajfa-6062	200	9	effect	effect	NOUN
ajfa-6062	200	10	year	year	NOUN
ajfa-6062	200	11	2004	2004	NUM
ajfa-6062	200	12	year	year	NOUN
ajfa-6062	200	13	2005	2005	NUM
ajfa-6062	200	14	year	year	NOUN
ajfa-6062	200	15	2006	2006	NUM
ajfa-6062	200	16	variable	variable	ADJ
ajfa-6062	200	17	estimate	estimate	NOUN
ajfa-6062	200	18	p	p	NOUN
ajfa-6062	200	19	value	value	NOUN
ajfa-6062	200	20	estimate	estimate	NOUN
ajfa-6062	200	21	p	p	NOUN
ajfa-6062	200	22	value	value	NOUN
ajfa-6062	200	23	estimate	estimate	NOUN
ajfa-6062	200	24	p	p	NOUN
ajfa-6062	200	25	value	value	NOUN
ajfa-6062	200	26	intercept	intercept	VERB
ajfa-6062	200	27	9.512	9.512	NUM
ajfa-6062	200	28	<	<	NOUN
ajfa-6062	200	29	.0001	.0001	X
ajfa-6062	200	30	9.383	9.383	NUM
ajfa-6062	200	31	<	<	NOUN
ajfa-6062	200	32	.0001	.0001	X
ajfa-6062	200	33	9.579	9.579	NUM
ajfa-6062	200	34	<	<	X
ajfa-6062	200	35	.0001	.0001	X
ajfa-6062	200	36	lta	lta	X
ajfa-6062	200	37	0.533	0.533	NUM
ajfa-6062	200	38	<	<	X
ajfa-6062	200	39	.0001	.0001	X
ajfa-6062	200	40	0.557	0.557	NUM
ajfa-6062	200	41	<	<	X
ajfa-6062	200	42	.0001	.0001	X
ajfa-6062	200	43	0.526	0.526	NUM
ajfa-6062	200	44	<	<	X
ajfa-6062	200	45	.0001	.0001	X
ajfa-6062	200	46	lseg	lseg	NOUN
ajfa-6062	200	47	0.208	0.208	NUM
ajfa-6062	200	48	<	<	X
ajfa-6062	200	49	.0001	.0001	X
ajfa-6062	200	50	0.21	0.21	NUM
ajfa-6062	200	51	<	<	X
ajfa-6062	200	52	.0001	.0001	X
ajfa-6062	200	53	0.245	0.245	NUM
ajfa-6062	200	54	<	<	X
ajfa-6062	200	55	.0001	.0001	X
ajfa-6062	200	56	cata	cata	NOUN
ajfa-6062	200	57	0.514	0.514	NUM
ajfa-6062	200	58	<	<	X
ajfa-6062	200	59	.0001	.0001	X
ajfa-6062	200	60	0.536	0.536	NUM
ajfa-6062	200	61	<	<	X
ajfa-6062	200	62	.0001	.0001	X
ajfa-6062	200	63	0.436	0.436	NUM
ajfa-6062	200	64	<	<	X
ajfa-6062	200	65	.0001	.0001	X
ajfa-6062	200	66	quick	quick	ADJ
ajfa-6062	200	67	-0.055	-0.055	X
ajfa-6062	200	68	<	<	X
ajfa-6062	200	69	.0001	.0001	X
ajfa-6062	200	70	-0.034	-0.034	PUNCT
ajfa-6062	200	71	<	<	X
ajfa-6062	200	72	.0001	.0001	X
ajfa-6062	200	73	-0.042	-0.042	PUNCT
ajfa-6062	200	74	<	<	X
ajfa-6062	200	75	.0001	.0001	X
ajfa-6062	200	76	de	de	X
ajfa-6062	200	77	0.109	0.109	NUM
ajfa-6062	200	78	0.213	0.213	NUM
ajfa-6062	200	79	0.002	0.002	NUM
ajfa-6062	200	80	0.985	0.985	NUM
ajfa-6062	200	81	0.011	0.011	NUM
ajfa-6062	200	82	0.899	0.899	NUM
ajfa-6062	200	83	roa	roa	PROPN
ajfa-6062	200	84	-0.491	-0.491	PUNCT
ajfa-6062	200	85	<	<	X
ajfa-6062	200	86	.0001	.0001	X
ajfa-6062	200	87	-0.623	-0.623	X
ajfa-6062	200	88	<	<	X
ajfa-6062	200	89	.0001	.0001	X
ajfa-6062	200	90	-0.28	-0.28	NUM
ajfa-6062	200	91	0.002	0.002	NUM
ajfa-6062	200	92	foreign	foreign	NOUN
ajfa-6062	200	93	0.267	0.267	NUM
ajfa-6062	200	94	<	<	X
ajfa-6062	200	95	.0001	.0001	X
ajfa-6062	200	96	0.381	0.381	NUM
ajfa-6062	200	97	<	<	X
ajfa-6062	200	98	.0001	.0001	X
ajfa-6062	200	99	0.397	0.397	NUM
ajfa-6062	200	100	<	<	X
ajfa-6062	200	101	.0001	.0001	PRON
ajfa-6062	200	102	opinion	opinion	NOUN
ajfa-6062	200	103	0.154	0.154	NUM
ajfa-6062	200	104	<	<	X
ajfa-6062	200	105	.0001	.0001	X
ajfa-6062	200	106	0.133	0.133	NUM
ajfa-6062	200	107	0.000	0.000	NUM
ajfa-6062	200	108	0.241	0.241	NUM
ajfa-6062	200	109	<	<	X
ajfa-6062	200	110	.0001	.0001	X
ajfa-6062	200	111	ye	ye	PRON
ajfa-6062	200	112	-0.532	-0.532	NOUN
ajfa-6062	200	113	<	<	X
ajfa-6062	200	114	.0001	.0001	X
ajfa-6062	200	115	-0.028	-0.028	SYM
ajfa-6062	200	116	0.326	0.326	NUM
ajfa-6062	200	117	-0.031	-0.031	NUM
ajfa-6062	200	118	0.273	0.273	NUM
ajfa-6062	200	119	loss	loss	NOUN
ajfa-6062	200	120	0.083	0.083	NUM
ajfa-6062	200	121	0.029	0.029	NUM
ajfa-6062	200	122	0.091	0.091	NUM
ajfa-6062	200	123	0.024	0.024	NUM
ajfa-6062	200	124	0.099	0.099	NUM
ajfa-6062	200	125	0.012	0.012	NUM
ajfa-6062	200	126	big	big	ADJ
ajfa-6062	200	127	0.285	0.285	NUM
ajfa-6062	200	128	<	<	X
ajfa-6062	200	129	.0001	.0001	X
ajfa-6062	200	130	0.276	0.276	NUM
ajfa-6062	200	131	<	<	X
ajfa-6062	200	132	.0001	.0001	X
ajfa-6062	200	133	0.231	0.231	NUM
ajfa-6062	200	134	<	<	X
ajfa-6062	200	135	.0001	.0001	X
ajfa-6062	200	136	syn	syn	PROPN
ajfa-6062	200	137	0.028	0.028	NUM
ajfa-6062	200	138	0.02	0.02	NUM
ajfa-6062	200	139	0.012	0.012	NUM
ajfa-6062	200	140	0.374	0.374	NUM
ajfa-6062	200	141	0.012	0.012	NUM
ajfa-6062	200	142	0.301	0.301	NUM
ajfa-6062	200	143	ind1	ind1	NOUN
ajfa-6062	200	144	-0.301	-0.301	PUNCT
ajfa-6062	200	145	0.000	0.000	NUM
ajfa-6062	200	146	-0.216	-0.216	NUM
ajfa-6062	200	147	0.015	0.015	NUM
ajfa-6062	200	148	-0.285	-0.285	SYM
ajfa-6062	200	149	0.000	0.000	NUM
ajfa-6062	200	150	ind2	ind2	NOUN
ajfa-6062	200	151	0.004	0.004	NUM
ajfa-6062	200	152	0.962	0.962	NUM
ajfa-6062	200	153	0.029	0.029	NUM
ajfa-6062	200	154	0.722	0.722	NUM
ajfa-6062	200	155	-0.017	-0.017	PUNCT
ajfa-6062	200	156	0.83	0.83	NUM
ajfa-6062	200	157	ind3	ind3	NOUN
ajfa-6062	200	158	-0.341	-0.341	PUNCT
ajfa-6062	200	159	<	<	X
ajfa-6062	200	160	.0001	.0001	X
ajfa-6062	200	161	-0.353	-0.353	PUNCT
ajfa-6062	200	162	<	<	X
ajfa-6062	200	163	.0001	.0001	X
ajfa-6062	200	164	-0.297	-0.297	X
ajfa-6062	200	165	<	<	X
ajfa-6062	200	166	.0001	.0001	X
ajfa-6062	200	167	ind4	ind4	NOUN
ajfa-6062	200	168	0.262	0.262	NUM
ajfa-6062	200	169	<	<	X
ajfa-6062	200	170	.0001	.0001	PROPN
ajfa-6062	200	171	0.15	0.15	NUM
ajfa-6062	200	172	0.01	0.01	NUM
ajfa-6062	200	173	0.087	0.087	NUM
ajfa-6062	200	174	0.118	0.118	NUM
ajfa-6062	200	175	ind5	ind5	PROPN
ajfa-6062	200	176	0.338	0.338	NUM
ajfa-6062	200	177	<	<	X
ajfa-6062	200	178	.0001	.0001	X
ajfa-6062	200	179	0.237	0.237	NUM
ajfa-6062	200	180	<	<	X
ajfa-6062	200	181	.0001	.0001	X
ajfa-6062	200	182	0.284	0.284	NUM
ajfa-6062	200	183	<	<	NOUN
ajfa-6062	200	184	.0001	.0001	PROPN
ajfa-6062	200	185	ind6	ind6	PROPN
ajfa-6062	200	186	0.162	0.162	NUM
ajfa-6062	200	187	0.001	0.001	NUM
ajfa-6062	200	188	0.068	0.068	NUM
ajfa-6062	200	189	0.173	0.173	NUM
ajfa-6062	200	190	0.11	0.11	NUM
ajfa-6062	200	191	0.022	0.022	NUM
ajfa-6062	200	192	ind7	ind7	PROPN
ajfa-6062	200	193	0.153	0.153	NUM
ajfa-6062	200	194	0.002	0.002	NUM
ajfa-6062	200	195	-0.004	-0.004	PUNCT
ajfa-6062	200	196	0.943	0.943	NUM
ajfa-6062	200	197	0.033	0.033	NUM
ajfa-6062	200	198	0.486	0.486	NUM
ajfa-6062	200	199	ind8	ind8	PROPN
ajfa-6062	200	200	0.402	0.402	NUM
ajfa-6062	200	201	<	<	X
ajfa-6062	200	202	.0001	.0001	X
ajfa-6062	200	203	0.359	0.359	NUM
ajfa-6062	200	204	<	<	X
ajfa-6062	200	205	.0001	.0001	X
ajfa-6062	200	206	0.299	0.299	NUM
ajfa-6062	200	207	<	<	X
ajfa-6062	200	208	.0001	.0001	PROPN
ajfa-6062	200	209	n	n	NUM
ajfa-6062	200	210	2903	2903	NUM
ajfa-6062	200	211	2732	2732	NUM
ajfa-6062	200	212	2249	2249	NUM
ajfa-6062	200	213	r2	r2	PROPN
ajfa-6062	200	214	0.737	0.737	NUM
ajfa-6062	200	215	0.708	0.708	NUM
ajfa-6062	200	216	0.756	0.756	NUM
ajfa-6062	200	217	the	the	DET
ajfa-6062	200	218	above	above	ADJ
ajfa-6062	200	219	sample	sample	NOUN
ajfa-6062	200	220	excludes	exclude	VERB
ajfa-6062	200	221	the	the	DET
ajfa-6062	200	222	top	top	ADJ
ajfa-6062	200	223	and	and	CCONJ
ajfa-6062	200	224	bottom	bottom	ADJ
ajfa-6062	200	225	1	1	NUM
ajfa-6062	200	226	percentiles	percentile	NOUN
ajfa-6062	200	227	of	of	ADP
ajfa-6062	200	228	laf	laf	PROPN
ajfa-6062	200	229	,	,	PUNCT
ajfa-6062	200	230	lta	lta	PROPN
ajfa-6062	200	231	,	,	PUNCT
ajfa-6062	200	232	cata	cata	NOUN
ajfa-6062	200	233	,	,	PUNCT
ajfa-6062	200	234	quick	quick	ADJ
ajfa-6062	200	235	,	,	PUNCT
ajfa-6062	200	236	de	de	X
ajfa-6062	200	237	,	,	PUNCT
ajfa-6062	200	238	roa	roa	NOUN
ajfa-6062	200	239	,	,	PUNCT
ajfa-6062	200	240	foreign	foreign	ADJ
ajfa-6062	200	241	and	and	CCONJ
ajfa-6062	200	242	syn	syn	PROPN
ajfa-6062	200	243	.	.	PUNCT
ajfa-6062	201	1	the	the	DET
ajfa-6062	201	2	variables	variable	NOUN
ajfa-6062	201	3	are	be	AUX
ajfa-6062	201	4	defined	define	VERB
ajfa-6062	201	5	as	as	SCONJ
ajfa-6062	201	6	follows	follow	VERB
ajfa-6062	201	7	:	:	PUNCT
ajfa-6062	201	8	laf	laf	PROPN
ajfa-6062	201	9	=	=	SYM
ajfa-6062	201	10	natural	natural	ADJ
ajfa-6062	201	11	log	log	NOUN
ajfa-6062	201	12	of	of	ADP
ajfa-6062	201	13	audit	audit	NOUN
ajfa-6062	201	14	fees	fee	NOUN
ajfa-6062	201	15	in	in	ADP
ajfa-6062	201	16	dollars	dollar	NOUN
ajfa-6062	201	17	lta	lta	X
ajfa-6062	201	18	=	=	SYM
ajfa-6062	201	19	natural	natural	ADJ
ajfa-6062	201	20	log	log	NOUN
ajfa-6062	201	21	of	of	ADP
ajfa-6062	201	22	total	total	ADJ
ajfa-6062	201	23	assets	asset	NOUN
ajfa-6062	201	24	in	in	ADP
ajfa-6062	201	25	millions	million	NOUN
ajfa-6062	201	26	of	of	ADP
ajfa-6062	201	27	dollars	dollar	NOUN
ajfa-6062	201	28	lseg	lseg	ADJ
ajfa-6062	201	29	=	=	SYM
ajfa-6062	201	30	natural	natural	ADJ
ajfa-6062	201	31	log	log	NOUN
ajfa-6062	201	32	of	of	ADP
ajfa-6062	201	33	number	number	NOUN
ajfa-6062	201	34	of	of	ADP
ajfa-6062	201	35	unique	unique	ADJ
ajfa-6062	201	36	business	business	NOUN
ajfa-6062	201	37	segments	segment	NOUN
ajfa-6062	201	38	cata	cata	NOUN
ajfa-6062	201	39	=	=	NOUN
ajfa-6062	201	40	ratio	ratio	NOUN
ajfa-6062	201	41	of	of	ADP
ajfa-6062	201	42	current	current	ADJ
ajfa-6062	201	43	assets	asset	NOUN
ajfa-6062	201	44	to	to	PART
ajfa-6062	201	45	total	total	VERB
ajfa-6062	201	46	assets	asset	NOUN
ajfa-6062	201	47	quick	quick	ADJ
ajfa-6062	201	48	=	=	VERB
ajfa-6062	201	49	ratio	ratio	NOUN
ajfa-6062	201	50	of	of	ADP
ajfa-6062	201	51	current	current	ADJ
ajfa-6062	201	52	assets	asset	NOUN
ajfa-6062	201	53	(	(	PUNCT
ajfa-6062	201	54	less	less	ADJ
ajfa-6062	201	55	inventories	inventory	NOUN
ajfa-6062	201	56	)	)	PUNCT
ajfa-6062	201	57	to	to	ADP
ajfa-6062	201	58	current	current	ADJ
ajfa-6062	201	59	liabilities	liability	NOUN
ajfa-6062	201	60	de	de	ADP
ajfa-6062	201	61	=	=	NOUN
ajfa-6062	201	62	ratio	ratio	NOUN
ajfa-6062	201	63	of	of	ADP
ajfa-6062	201	64	long	long	ADJ
ajfa-6062	201	65	-	-	PUNCT
ajfa-6062	201	66	term	term	NOUN
ajfa-6062	201	67	debt	debt	NOUN
ajfa-6062	201	68	to	to	ADP
ajfa-6062	201	69	total	total	ADJ
ajfa-6062	201	70	assets	asset	NOUN
ajfa-6062	201	71	roa	roa	NOUN
ajfa-6062	202	1	=	=	NOUN
ajfa-6062	202	2	ratio	ratio	NOUN
ajfa-6062	202	3	of	of	ADP
ajfa-6062	202	4	earnings	earning	NOUN
ajfa-6062	202	5	before	before	ADP
ajfa-6062	202	6	extraordinary	extraordinary	ADJ
ajfa-6062	202	7	items	item	NOUN
ajfa-6062	202	8	to	to	PART
ajfa-6062	202	9	total	total	VERB
ajfa-6062	202	10	assets	asset	NOUN
ajfa-6062	202	11	foreign	foreign	ADJ
ajfa-6062	202	12	=	=	NOUN
ajfa-6062	202	13	proportion	proportion	NOUN
ajfa-6062	202	14	of	of	ADP
ajfa-6062	202	15	total	total	ADJ
ajfa-6062	202	16	sales	sale	NOUN
ajfa-6062	202	17	from	from	ADP
ajfa-6062	202	18	foreign	foreign	ADJ
ajfa-6062	202	19	operations	operation	NOUN
ajfa-6062	202	20	opinion	opinion	NOUN
ajfa-6062	202	21	=	=	PUNCT
ajfa-6062	202	22	indicator	indicator	NOUN
ajfa-6062	202	23	variable	variable	NOUN
ajfa-6062	202	24	,	,	PUNCT
ajfa-6062	202	25	1	1	NUM
ajfa-6062	202	26	=	=	NUM
ajfa-6062	202	27	qualified	qualified	ADJ
ajfa-6062	202	28	audit	audit	NOUN
ajfa-6062	202	29	report	report	VERB
ajfa-6062	202	30	asian	asian	ADJ
ajfa-6062	202	31	journal	journal	NOUN
ajfa-6062	202	32	of	of	ADP
ajfa-6062	202	33	finance	finance	PROPN
ajfa-6062	202	34	&	&	CCONJ
ajfa-6062	202	35	accounting	accounting	PROPN
ajfa-6062	202	36	issn	issn	PROPN
ajfa-6062	202	37	1946	1946	NUM
ajfa-6062	202	38	-	-	PUNCT
ajfa-6062	202	39	052x	052x	PROPN
ajfa-6062	202	40	2014	2014	NUM
ajfa-6062	202	41	,	,	PUNCT
ajfa-6062	202	42	vol	vol	NOUN
ajfa-6062	202	43	.	.	PROPN
ajfa-6062	202	44	6	6	NUM
ajfa-6062	202	45	,	,	PUNCT
ajfa-6062	202	46	no	no	INTJ
ajfa-6062	202	47	.	.	NOUN
ajfa-6062	202	48	2	2	NUM
ajfa-6062	202	49	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-6062	202	50	100	100	NUM
ajfa-6062	202	51	ye	ye	NOUN
ajfa-6062	202	52	=	=	PUNCT
ajfa-6062	202	53	indicator	indicator	NOUN
ajfa-6062	202	54	variable	variable	NOUN
ajfa-6062	202	55	,	,	PUNCT
ajfa-6062	202	56	1=	1=	X
ajfa-6062	202	57	non	non	ADJ
ajfa-6062	202	58	-	-	ADJ
ajfa-6062	202	59	dec	dec	ADJ
ajfa-6062	202	60	31	31	NUM
ajfa-6062	202	61	year	year	NOUN
ajfa-6062	202	62	end	end	NOUN
ajfa-6062	202	63	loss	loss	NOUN
ajfa-6062	202	64	=	=	SYM
ajfa-6062	202	65	indicator	indicator	NOUN
ajfa-6062	202	66	variable	variable	NOUN
ajfa-6062	202	67	,	,	PUNCT
ajfa-6062	203	1	1=	1=	NUM
ajfa-6062	203	2	loss	loss	NOUN
ajfa-6062	203	3	in	in	ADP
ajfa-6062	203	4	current	current	ADJ
ajfa-6062	203	5	fiscal	fiscal	ADJ
ajfa-6062	203	6	year	year	NOUN
ajfa-6062	203	7	big	big	ADJ
ajfa-6062	203	8	=	=	PUNCT
ajfa-6062	203	9	big	big	ADJ
ajfa-6062	203	10	auditors	auditor	NOUN
ajfa-6062	203	11	syn	syn	NOUN
ajfa-6062	203	12	=	=	NOUN
ajfa-6062	203	13	stock	stock	NOUN
ajfa-6062	203	14	price	price	NOUN
ajfa-6062	203	15	synchronicity	synchronicity	NOUN
ajfa-6062	203	16	industry	industry	NOUN
ajfa-6062	203	17	effects	effect	NOUN
ajfa-6062	203	18	=	=	SYM
ajfa-6062	203	19	industry	industry	NOUN
ajfa-6062	203	20	dummy	dummy	NOUN
ajfa-6062	203	21	variables	variable	NOUN
ajfa-6062	203	22	for	for	ADP
ajfa-6062	203	23	two	two	NUM
ajfa-6062	203	24	-	-	PUNCT
ajfa-6062	203	25	digit	digit	NOUN
ajfa-6062	203	26	sic	sic	ADJ
ajfa-6062	203	27	industry	industry	NOUN
ajfa-6062	203	28	the	the	DET
ajfa-6062	203	29	eight	eight	NUM
ajfa-6062	203	30	industry	industry	NOUN
ajfa-6062	203	31	groups	group	NOUN
ajfa-6062	203	32	are	be	AUX
ajfa-6062	203	33	two	two	NUM
ajfa-6062	203	34	-	-	PUNCT
ajfa-6062	203	35	digit	digit	NOUN
ajfa-6062	203	36	sic	sic	ADJ
ajfa-6062	203	37	code	code	NOUN
ajfa-6062	203	38	of	of	ADP
ajfa-6062	203	39	13	13	NUM
ajfa-6062	203	40	,	,	PUNCT
ajfa-6062	203	41	48	48	NUM
ajfa-6062	203	42	,	,	PUNCT
ajfa-6062	203	43	49	49	NUM
ajfa-6062	203	44	,	,	PUNCT
ajfa-6062	203	45	35	35	NUM
ajfa-6062	203	46	,	,	PUNCT
ajfa-6062	203	47	38	38	NUM
ajfa-6062	203	48	,	,	PUNCT
ajfa-6062	203	49	36	36	NUM
ajfa-6062	203	50	,	,	PUNCT
ajfa-6062	203	51	28	28	NUM
ajfa-6062	203	52	,	,	PUNCT
ajfa-6062	203	53	73	73	NUM
ajfa-6062	203	54	with	with	ADP
ajfa-6062	203	55	more	more	ADJ
ajfa-6062	203	56	than	than	ADP
ajfa-6062	203	57	500	500	NUM
ajfa-6062	203	58	observations	observation	NOUN
ajfa-6062	203	59	for	for	ADP
ajfa-6062	203	60	each	each	DET
ajfa-6062	203	61	industry	industry	NOUN
ajfa-6062	203	62	.	.	PUNCT
ajfa-6062	204	1	the	the	DET
ajfa-6062	204	2	annual	annual	ADJ
ajfa-6062	204	3	regression	regression	NOUN
ajfa-6062	204	4	results	result	NOUN
ajfa-6062	204	5	in	in	ADP
ajfa-6062	204	6	table	table	NOUN
ajfa-6062	204	7	4	4	NUM
ajfa-6062	204	8	indicate	indicate	VERB
ajfa-6062	204	9	that	that	SCONJ
ajfa-6062	204	10	the	the	DET
ajfa-6062	204	11	coefficient	coefficient	NOUN
ajfa-6062	204	12	on	on	ADP
ajfa-6062	204	13	syn	syn	PROPN
ajfa-6062	204	14	is	be	AUX
ajfa-6062	204	15	positive	positive	ADJ
ajfa-6062	204	16	and	and	CCONJ
ajfa-6062	204	17	significant	significant	ADJ
ajfa-6062	204	18	in	in	ADP
ajfa-6062	204	19	2004	2004	NUM
ajfa-6062	204	20	,	,	PUNCT
ajfa-6062	204	21	but	but	CCONJ
ajfa-6062	204	22	the	the	DET
ajfa-6062	204	23	coefficients	coefficient	NOUN
ajfa-6062	204	24	on	on	ADP
ajfa-6062	204	25	syn	syn	PROPN
ajfa-6062	204	26	are	be	AUX
ajfa-6062	204	27	insignificant	insignificant	ADJ
ajfa-6062	204	28	in	in	ADP
ajfa-6062	204	29	2005	2005	NUM
ajfa-6062	204	30	and	and	CCONJ
ajfa-6062	204	31	2006	2006	NUM
ajfa-6062	204	32	,	,	PUNCT
ajfa-6062	204	33	supporting	support	VERB
ajfa-6062	204	34	both	both	DET
ajfa-6062	204	35	hypotheses	hypothesis	NOUN
ajfa-6062	204	36	1	1	NUM
ajfa-6062	204	37	and	and	CCONJ
ajfa-6062	204	38	2	2	NUM
ajfa-6062	204	39	.	.	NOUN
ajfa-6062	204	40	5.3	5.3	NUM
ajfa-6062	204	41	additional	additional	ADJ
ajfa-6062	204	42	tests	test	NOUN
ajfa-6062	204	43	this	this	DET
ajfa-6062	204	44	research	research	NOUN
ajfa-6062	204	45	conducts	conduct	VERB
ajfa-6062	204	46	additional	additional	ADJ
ajfa-6062	204	47	tests	test	NOUN
ajfa-6062	204	48	on	on	ADP
ajfa-6062	204	49	reverse	reverse	ADJ
ajfa-6062	204	50	causality	causality	NOUN
ajfa-6062	204	51	.	.	PUNCT
ajfa-6062	205	1	the	the	DET
ajfa-6062	205	2	results	result	NOUN
ajfa-6062	205	3	remain	remain	VERB
ajfa-6062	205	4	unchanged	unchanged	ADJ
ajfa-6062	205	5	after	after	ADP
ajfa-6062	205	6	using	use	VERB
ajfa-6062	205	7	simultaneous	simultaneous	ADJ
ajfa-6062	205	8	equations	equation	NOUN
ajfa-6062	205	9	which	which	PRON
ajfa-6062	205	10	takes	take	VERB
ajfa-6062	205	11	into	into	ADP
ajfa-6062	205	12	account	account	NOUN
ajfa-6062	205	13	that	that	SCONJ
ajfa-6062	205	14	firms	firm	NOUN
ajfa-6062	205	15	may	may	AUX
ajfa-6062	205	16	incorporate	incorporate	VERB
ajfa-6062	205	17	firm	firm	ADJ
ajfa-6062	205	18	-	-	PUNCT
ajfa-6062	205	19	specific	specific	ADJ
ajfa-6062	205	20	audit	audit	NOUN
ajfa-6062	205	21	fees	fee	NOUN
ajfa-6062	205	22	or	or	CCONJ
ajfa-6062	205	23	abnormal	abnormal	ADJ
ajfa-6062	205	24	audit	audit	NOUN
ajfa-6062	205	25	fees	fee	NOUN
ajfa-6062	205	26	into	into	ADP
ajfa-6062	205	27	stock	stock	NOUN
ajfa-6062	205	28	prices	price	NOUN
ajfa-6062	205	29	.	.	PUNCT
ajfa-6062	206	1	6	6	X
ajfa-6062	206	2	.	.	X
ajfa-6062	206	3	conclusion	conclusion	VERB
ajfa-6062	206	4	the	the	DET
ajfa-6062	206	5	results	result	NOUN
ajfa-6062	206	6	of	of	ADP
ajfa-6062	206	7	this	this	DET
ajfa-6062	206	8	study	study	NOUN
ajfa-6062	206	9	support	support	NOUN
ajfa-6062	206	10	that	that	PRON
ajfa-6062	206	11	syn	syn	NOUN
ajfa-6062	206	12	measures	measure	NOUN
ajfa-6062	206	13	both	both	CCONJ
ajfa-6062	206	14	informativeness	informativeness	NOUN
ajfa-6062	206	15	and	and	CCONJ
ajfa-6062	206	16	noise	noise	NOUN
ajfa-6062	206	17	in	in	ADP
ajfa-6062	206	18	different	different	ADJ
ajfa-6062	206	19	situations	situation	NOUN
ajfa-6062	206	20	.	.	PUNCT
ajfa-6062	207	1	this	this	PRON
ajfa-6062	207	2	provides	provide	VERB
ajfa-6062	207	3	new	new	ADJ
ajfa-6062	207	4	insights	insight	NOUN
ajfa-6062	207	5	to	to	PART
ajfa-6062	207	6	reconcile	reconcile	VERB
ajfa-6062	207	7	the	the	DET
ajfa-6062	207	8	mixed	mixed	ADJ
ajfa-6062	207	9	findings	finding	NOUN
ajfa-6062	207	10	of	of	ADP
ajfa-6062	207	11	the	the	DET
ajfa-6062	207	12	syn	syn	PROPN
ajfa-6062	207	13	literature	literature	PROPN
ajfa-6062	207	14	regarding	regard	VERB
ajfa-6062	207	15	whether	whether	SCONJ
ajfa-6062	207	16	syn	syn	PROPN
ajfa-6062	207	17	measures	measure	NOUN
ajfa-6062	207	18	informativeness	informativeness	NOUN
ajfa-6062	207	19	or	or	CCONJ
ajfa-6062	207	20	noise	noise	NOUN
ajfa-6062	207	21	.	.	PUNCT
ajfa-6062	208	1	this	this	DET
ajfa-6062	208	2	study	study	NOUN
ajfa-6062	208	3	suggests	suggest	VERB
ajfa-6062	208	4	that	that	SCONJ
ajfa-6062	208	5	syn	syn	PROPN
ajfa-6062	208	6	measured	measure	VERB
ajfa-6062	208	7	market	market	NOUN
ajfa-6062	208	8	-	-	PUNCT
ajfa-6062	208	9	wide	wide	ADJ
ajfa-6062	208	10	financial	financial	ADJ
ajfa-6062	208	11	statement	statement	NOUN
ajfa-6062	208	12	-	-	PUNCT
ajfa-6062	208	13	related	relate	VERB
ajfa-6062	208	14	informativeness	informativeness	NOUN
ajfa-6062	208	15	in	in	ADP
ajfa-6062	208	16	times	time	NOUN
ajfa-6062	208	17	of	of	ADP
ajfa-6062	208	18	regulatory	regulatory	ADJ
ajfa-6062	208	19	changes	change	NOUN
ajfa-6062	208	20	in	in	ADP
ajfa-6062	208	21	2004	2004	NUM
ajfa-6062	208	22	and	and	CCONJ
ajfa-6062	208	23	syn	syn	PROPN
ajfa-6062	208	24	measured	measure	VERB
ajfa-6062	208	25	noise	noise	NOUN
ajfa-6062	208	26	in	in	ADP
ajfa-6062	208	27	other	other	ADJ
ajfa-6062	208	28	times	time	NOUN
ajfa-6062	208	29	such	such	ADJ
ajfa-6062	208	30	as	as	ADP
ajfa-6062	208	31	in	in	ADP
ajfa-6062	208	32	2005	2005	NUM
ajfa-6062	208	33	and	and	CCONJ
ajfa-6062	208	34	2006	2006	NUM
ajfa-6062	208	35	.	.	PUNCT
ajfa-6062	209	1	moreover	moreover	ADV
ajfa-6062	209	2	,	,	PUNCT
ajfa-6062	209	3	the	the	DET
ajfa-6062	209	4	results	result	NOUN
ajfa-6062	209	5	may	may	AUX
ajfa-6062	209	6	suggest	suggest	VERB
ajfa-6062	209	7	that	that	SCONJ
ajfa-6062	209	8	the	the	DET
ajfa-6062	209	9	benefit	benefit	NOUN
ajfa-6062	209	10	of	of	ADP
ajfa-6062	209	11	sox	sox	PROPN
ajfa-6062	209	12	internal	internal	PROPN
ajfa-6062	209	13	control	control	NOUN
ajfa-6062	209	14	requirements	requirement	NOUN
ajfa-6062	209	15	on	on	ADP
ajfa-6062	209	16	overall	overall	ADJ
ajfa-6062	209	17	market	market	NOUN
ajfa-6062	209	18	-	-	PUNCT
ajfa-6062	209	19	wide	wide	ADJ
ajfa-6062	209	20	informativeness	informativeness	NOUN
ajfa-6062	209	21	is	be	AUX
ajfa-6062	209	22	temporary	temporary	ADJ
ajfa-6062	209	23	(	(	PUNCT
ajfa-6062	209	24	only	only	ADV
ajfa-6062	209	25	in	in	ADP
ajfa-6062	209	26	one	one	NUM
ajfa-6062	209	27	year	year	NOUN
ajfa-6062	209	28	2004	2004	NUM
ajfa-6062	209	29	)	)	PUNCT
ajfa-6062	209	30	;	;	PUNCT
ajfa-6062	209	31	the	the	DET
ajfa-6062	209	32	cost	cost	NOUN
ajfa-6062	209	33	of	of	ADP
ajfa-6062	209	34	the	the	DET
ajfa-6062	209	35	high	high	ADJ
ajfa-6062	209	36	level	level	NOUN
ajfa-6062	209	37	of	of	ADP
ajfa-6062	209	38	audit	audit	NOUN
ajfa-6062	209	39	fees	fee	NOUN
ajfa-6062	209	40	from	from	ADP
ajfa-6062	209	41	2004	2004	NUM
ajfa-6062	209	42	afterward	afterward	ADV
ajfa-6062	209	43	due	due	ADJ
ajfa-6062	209	44	to	to	ADP
ajfa-6062	209	45	sox	sox	PROPN
ajfa-6062	209	46	may	may	AUX
ajfa-6062	209	47	not	not	PART
ajfa-6062	209	48	justify	justify	VERB
ajfa-6062	209	49	the	the	DET
ajfa-6062	209	50	temporary	temporary	ADJ
ajfa-6062	209	51	benefit	benefit	NOUN
ajfa-6062	209	52	.	.	PUNCT
ajfa-6062	210	1	in	in	ADP
ajfa-6062	210	2	summary	summary	NOUN
ajfa-6062	210	3	,	,	PUNCT
ajfa-6062	210	4	this	this	DET
ajfa-6062	210	5	research	research	NOUN
ajfa-6062	210	6	contributes	contribute	VERB
ajfa-6062	210	7	to	to	ADP
ajfa-6062	210	8	both	both	CCONJ
ajfa-6062	210	9	syn	syn	PROPN
ajfa-6062	210	10	literature	literature	PROPN
ajfa-6062	210	11	and	and	CCONJ
ajfa-6062	210	12	audit	audit	NOUN
ajfa-6062	210	13	pricing	pricing	NOUN
ajfa-6062	210	14	literature	literature	NOUN
ajfa-6062	210	15	.	.	PUNCT
ajfa-6062	211	1	first	first	ADV
ajfa-6062	211	2	,	,	PUNCT
ajfa-6062	211	3	this	this	DET
ajfa-6062	211	4	research	research	NOUN
ajfa-6062	211	5	provides	provide	VERB
ajfa-6062	211	6	empirical	empirical	ADJ
ajfa-6062	211	7	evidence	evidence	NOUN
ajfa-6062	211	8	that	that	SCONJ
ajfa-6062	211	9	syn	syn	PROPN
ajfa-6062	211	10	measured	measure	VERB
ajfa-6062	211	11	market	market	NOUN
ajfa-6062	211	12	-	-	PUNCT
ajfa-6062	211	13	wide	wide	ADJ
ajfa-6062	211	14	financial	financial	ADJ
ajfa-6062	211	15	statement	statement	NOUN
ajfa-6062	211	16	-	-	PUNCT
ajfa-6062	211	17	related	relate	VERB
ajfa-6062	211	18	information	information	NOUN
ajfa-6062	211	19	in	in	ADP
ajfa-6062	211	20	times	time	NOUN
ajfa-6062	211	21	of	of	ADP
ajfa-6062	211	22	regulatory	regulatory	ADJ
ajfa-6062	211	23	changes	change	NOUN
ajfa-6062	211	24	affecting	affect	VERB
ajfa-6062	211	25	financial	financial	ADJ
ajfa-6062	211	26	statements	statement	NOUN
ajfa-6062	211	27	(	(	PUNCT
ajfa-6062	211	28	e.g.	e.g.	ADV
ajfa-6062	211	29	sox	sox	PROPN
ajfa-6062	211	30	section	section	NOUN
ajfa-6062	211	31	404	404	NUM
ajfa-6062	211	32	)	)	PUNCT
ajfa-6062	211	33	in	in	ADP
ajfa-6062	211	34	2004	2004	NUM
ajfa-6062	211	35	,	,	PUNCT
ajfa-6062	211	36	and	and	CCONJ
ajfa-6062	211	37	that	that	SCONJ
ajfa-6062	211	38	syn	syn	PROPN
ajfa-6062	211	39	measured	measure	VERB
ajfa-6062	211	40	market	market	NOUN
ajfa-6062	211	41	-	-	PUNCT
ajfa-6062	211	42	wide	wide	ADJ
ajfa-6062	211	43	noise	noise	NOUN
ajfa-6062	211	44	or	or	CCONJ
ajfa-6062	211	45	sentiment	sentiment	NOUN
ajfa-6062	211	46	in	in	ADP
ajfa-6062	211	47	2005	2005	NUM
ajfa-6062	211	48	and	and	CCONJ
ajfa-6062	211	49	2006	2006	NUM
ajfa-6062	211	50	,	,	PUNCT
ajfa-6062	211	51	which	which	PRON
ajfa-6062	211	52	was	be	AUX
ajfa-6062	211	53	usually	usually	ADV
ajfa-6062	211	54	non	non	ADJ
ajfa-6062	211	55	-	-	ADJ
ajfa-6062	211	56	financial	financial	ADJ
ajfa-6062	211	57	statement	statement	NOUN
ajfa-6062	211	58	related	relate	VERB
ajfa-6062	211	59	.	.	PUNCT
ajfa-6062	212	1	this	this	PRON
ajfa-6062	212	2	provides	provide	VERB
ajfa-6062	212	3	new	new	ADJ
ajfa-6062	212	4	insights	insight	NOUN
ajfa-6062	212	5	to	to	PART
ajfa-6062	212	6	reconcile	reconcile	VERB
ajfa-6062	212	7	of	of	ADP
ajfa-6062	212	8	mixed	mixed	ADJ
ajfa-6062	212	9	results	result	NOUN
ajfa-6062	212	10	of	of	ADP
ajfa-6062	212	11	prior	prior	ADJ
ajfa-6062	212	12	syn	syn	PROPN
ajfa-6062	212	13	literature	literature	PROPN
ajfa-6062	212	14	.	.	PUNCT
ajfa-6062	213	1	second	second	ADJ
ajfa-6062	213	2	,	,	PUNCT
ajfa-6062	213	3	this	this	DET
ajfa-6062	213	4	research	research	NOUN
ajfa-6062	213	5	contributes	contribute	VERB
ajfa-6062	213	6	to	to	AUX
ajfa-6062	213	7	audit	audit	NOUN
ajfa-6062	213	8	pricing	pricing	NOUN
ajfa-6062	213	9	literature	literature	NOUN
ajfa-6062	213	10	by	by	ADP
ajfa-6062	213	11	documenting	document	VERB
ajfa-6062	213	12	empirical	empirical	ADJ
ajfa-6062	213	13	evidence	evidence	NOUN
ajfa-6062	213	14	that	that	SCONJ
ajfa-6062	213	15	market	market	NOUN
ajfa-6062	213	16	-	-	PUNCT
ajfa-6062	213	17	wide	wide	ADJ
ajfa-6062	213	18	financial	financial	ADJ
ajfa-6062	213	19	statement	statement	NOUN
ajfa-6062	213	20	-	-	PUNCT
ajfa-6062	213	21	related	relate	VERB
ajfa-6062	213	22	information	information	NOUN
ajfa-6062	213	23	,	,	PUNCT
ajfa-6062	213	24	such	such	ADJ
ajfa-6062	213	25	as	as	ADP
ajfa-6062	213	26	internal	internal	ADJ
ajfa-6062	213	27	control	control	NOUN
ajfa-6062	213	28	disclosure	disclosure	NOUN
ajfa-6062	213	29	requirements	requirement	NOUN
ajfa-6062	213	30	,	,	PUNCT
ajfa-6062	213	31	affects	affect	VERB
ajfa-6062	213	32	the	the	DET
ajfa-6062	213	33	auditor	auditor	NOUN
ajfa-6062	213	34	’s	’s	PART
ajfa-6062	213	35	risk	risk	NOUN
ajfa-6062	213	36	assessment	assessment	NOUN
ajfa-6062	213	37	and	and	CCONJ
ajfa-6062	213	38	,	,	PUNCT
ajfa-6062	213	39	as	as	ADP
ajfa-6062	213	40	a	a	DET
ajfa-6062	213	41	result	result	NOUN
ajfa-6062	213	42	,	,	PUNCT
ajfa-6062	213	43	incurs	incur	VERB
ajfa-6062	213	44	higher	high	ADJ
ajfa-6062	213	45	audit	audit	NOUN
ajfa-6062	213	46	fees	fee	NOUN
ajfa-6062	213	47	.	.	PUNCT
ajfa-6062	214	1	acknowledgement	acknowledgement	NOUN
ajfa-6062	214	2	this	this	DET
ajfa-6062	214	3	study	study	NOUN
ajfa-6062	214	4	is	be	AUX
ajfa-6062	214	5	based	base	VERB
ajfa-6062	214	6	on	on	ADP
ajfa-6062	214	7	a	a	DET
ajfa-6062	214	8	part	part	NOUN
ajfa-6062	214	9	of	of	ADP
ajfa-6062	214	10	my	my	PRON
ajfa-6062	214	11	phd	phd	NOUN
ajfa-6062	214	12	thesis	thesis	NOUN
ajfa-6062	214	13	conducted	conduct	VERB
ajfa-6062	214	14	at	at	ADP
ajfa-6062	214	15	the	the	DET
ajfa-6062	214	16	school	school	NOUN
ajfa-6062	214	17	of	of	ADP
ajfa-6062	214	18	accounting	accounting	NOUN
ajfa-6062	214	19	and	and	CCONJ
ajfa-6062	214	20	finance	finance	NOUN
ajfa-6062	214	21	of	of	ADP
ajfa-6062	214	22	the	the	DET
ajfa-6062	214	23	hong	hong	PROPN
ajfa-6062	214	24	kong	kong	PROPN
ajfa-6062	214	25	polytechnic	polytechnic	PROPN
ajfa-6062	214	26	university	university	PROPN
ajfa-6062	214	27	.	.	PUNCT
ajfa-6062	215	1	i	i	PRON
ajfa-6062	215	2	also	also	ADV
ajfa-6062	215	3	gratefully	gratefully	ADV
ajfa-6062	215	4	appreciate	appreciate	VERB
ajfa-6062	215	5	the	the	DET
ajfa-6062	215	6	research	research	NOUN
ajfa-6062	215	7	grant	grant	NOUN
ajfa-6062	215	8	provided	provide	VERB
ajfa-6062	215	9	by	by	ADP
ajfa-6062	215	10	the	the	DET
ajfa-6062	215	11	national	national	ADJ
ajfa-6062	215	12	natural	natural	PROPN
ajfa-6062	215	13	science	science	PROPN
ajfa-6062	215	14	foundation	foundation	PROPN
ajfa-6062	215	15	of	of	ADP
ajfa-6062	215	16	china	china	PROPN
ajfa-6062	215	17	(	(	PUNCT
ajfa-6062	215	18	approval	approval	NOUN
ajfa-6062	215	19	numbers	number	NOUN
ajfa-6062	215	20	:	:	PUNCT
ajfa-6062	215	21	71202090	71202090	NUM
ajfa-6062	215	22	)	)	PUNCT
ajfa-6062	215	23	.	.	PUNCT
ajfa-6062	216	1	asian	asian	ADJ
ajfa-6062	216	2	journal	journal	PROPN
ajfa-6062	216	3	of	of	ADP
ajfa-6062	216	4	finance	finance	PROPN
ajfa-6062	216	5	&	&	CCONJ
ajfa-6062	216	6	accounting	accounting	PROPN
ajfa-6062	216	7	issn	issn	PROPN
ajfa-6062	216	8	1946	1946	NUM
ajfa-6062	216	9	-	-	PUNCT
ajfa-6062	216	10	052x	052x	PROPN
ajfa-6062	216	11	2014	2014	NUM
ajfa-6062	216	12	,	,	PUNCT
ajfa-6062	216	13	vol	vol	NOUN
ajfa-6062	216	14	.	.	PROPN
ajfa-6062	216	15	6	6	NUM
ajfa-6062	216	16	,	,	PUNCT
ajfa-6062	216	17	no	no	INTJ
ajfa-6062	216	18	.	.	NOUN
ajfa-6062	216	19	2	2	NUM
ajfa-6062	216	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6062	216	21	101	101	NUM
ajfa-6062	216	22	references	reference	NOUN
ajfa-6062	216	23	a.r.c	a.r.c	PROPN
ajfa-6062	216	24	.	.	PUNCT
ajfa-6062	216	25	morgan	morgan	PROPN
ajfa-6062	216	26	.	.	PUNCT
ajfa-6062	217	1	(	(	PUNCT
ajfa-6062	217	2	2005	2005	NUM
ajfa-6062	217	3	)	)	PUNCT
ajfa-6062	217	4	.	.	PUNCT
ajfa-6062	218	1	sarbanes	sarbanes	PROPN
ajfa-6062	218	2	-	-	PUNCT
ajfa-6062	218	3	oxley	oxley	ADJ
ajfa-6062	218	4	implementation	implementation	NOUN
ajfa-6062	218	5	costs	cost	NOUN
ajfa-6062	218	6	,	,	PUNCT
ajfa-6062	218	7	what	what	PRON
ajfa-6062	218	8	companies	company	NOUN
ajfa-6062	218	9	are	be	AUX
ajfa-6062	218	10	reporting	report	VERB
ajfa-6062	218	11	in	in	ADP
ajfa-6062	218	12	their	their	PRON
ajfa-6062	218	13	sec	sec	PROPN
ajfa-6062	218	14	filings	filing	NOUN
ajfa-6062	218	15	.	.	PUNCT
ajfa-6062	219	1	[	[	X
ajfa-6062	219	2	on	on	ADP
ajfa-6062	219	3	line	line	NOUN
ajfa-6062	219	4	]	]	PUNCT
ajfa-6062	219	5	available	available	ADJ
ajfa-6062	219	6	at	at	ADP
ajfa-6062	219	7	:	:	PUNCT
ajfa-6062	219	8	http://www.auditnet.org/system/resources/bahbblshogzmssjemjaxmy8wmy8zms8xmy	http://www.auditnet.org/system/resources/bahbblshogzmssjemjaxmy8wmy8zms8xmy	PROPN
ajfa-6062	219	9	8xmi81my81mzcvu2fyymfuzxnft3hszxlfsw1wbgvtzw50yxrpb25fq29zdhmucgr	8xmi81my81mzcvu2fyymfuzxnft3hszxlfsw1wbgvtzw50yxrpb25fq29zdhmucgr	PROPN
ajfa-6062	219	10	mbjogrvq	mbjogrvq	PROPN
ajfa-6062	219	11	/	/	SYM
ajfa-6062	219	12	sarbanes	sarbanes	PROPN
ajfa-6062	219	13	-	-	PUNCT
ajfa-6062	219	14	oxley_implementation_costs.pdf	oxley_implementation_costs.pdf	PROPN
ajfa-6062	219	15	(	(	PUNCT
ajfa-6062	219	16	august	august	PROPN
ajfa-6062	219	17	1	1	NUM
ajfa-6062	219	18	,	,	PUNCT
ajfa-6062	219	19	2014	2014	NUM
ajfa-6062	219	20	)	)	PUNCT
ajfa-6062	219	21	ashbaugh	ashbaugh	ADV
ajfa-6062	219	22	,	,	PUNCT
ajfa-6062	219	23	h.	h.	PROPN
ajfa-6062	219	24	,	,	PUNCT
ajfa-6062	219	25	lafond	lafond	PROPN
ajfa-6062	219	26	,	,	PUNCT
ajfa-6062	219	27	r.	r.	PROPN
ajfa-6062	219	28	,	,	PUNCT
ajfa-6062	219	29	&	&	CCONJ
ajfa-6062	219	30	mayhew	mayhew	PROPN
ajfa-6062	219	31	,	,	PUNCT
ajfa-6062	219	32	b.w	b.w	PROPN
ajfa-6062	219	33	.	.	PROPN
ajfa-6062	219	34	(	(	PUNCT
ajfa-6062	219	35	2003	2003	NUM
ajfa-6062	219	36	)	)	PUNCT
ajfa-6062	219	37	.	.	PUNCT
ajfa-6062	220	1	do	do	AUX
ajfa-6062	220	2	non	non	ADJ
ajfa-6062	220	3	-	-	ADJ
ajfa-6062	220	4	audit	audit	ADJ
ajfa-6062	220	5	services	service	NOUN
ajfa-6062	220	6	compromise	compromise	VERB
ajfa-6062	220	7	independence	independence	NOUN
ajfa-6062	220	8	?	?	PUNCT
ajfa-6062	221	1	further	further	ADJ
ajfa-6062	221	2	evidence	evidence	NOUN
ajfa-6062	221	3	.	.	PUNCT
ajfa-6062	222	1	the	the	DET
ajfa-6062	222	2	accounting	accounting	NOUN
ajfa-6062	222	3	review	review	NOUN
ajfa-6062	222	4	,	,	PUNCT
ajfa-6062	222	5	78(3	78(3	NOUN
ajfa-6062	222	6	)	)	PUNCT
ajfa-6062	222	7	,	,	PUNCT
ajfa-6062	222	8	611	611	NUM
ajfa-6062	222	9	-	-	SYM
ajfa-6062	222	10	639	639	NUM
ajfa-6062	222	11	.	.	PUNCT
ajfa-6062	223	1	http://dx.doi.org/10.2308/accr.2003.78.3.611	http://dx.doi.org/10.2308/accr.2003.78.3.611	PROPN
ajfa-6062	223	2	chan	chan	PROPN
ajfa-6062	223	3	,	,	PUNCT
ajfa-6062	223	4	k.	k.	PROPN
ajfa-6062	223	5	,	,	PUNCT
ajfa-6062	223	6	&	&	CCONJ
ajfa-6062	223	7	hameed	hameed	PROPN
ajfa-6062	223	8	,	,	PUNCT
ajfa-6062	223	9	a.	a.	NOUN
ajfa-6062	223	10	(	(	PUNCT
ajfa-6062	223	11	2006	2006	NUM
ajfa-6062	223	12	)	)	PUNCT
ajfa-6062	223	13	.	.	PUNCT
ajfa-6062	224	1	stock	stock	NOUN
ajfa-6062	224	2	price	price	NOUN
ajfa-6062	224	3	synchronicity	synchronicity	NOUN
ajfa-6062	224	4	and	and	CCONJ
ajfa-6062	224	5	analyst	analyst	NOUN
ajfa-6062	224	6	coverage	coverage	NOUN
ajfa-6062	224	7	in	in	ADP
ajfa-6062	224	8	emerging	emerge	VERB
ajfa-6062	224	9	markets	market	NOUN
ajfa-6062	224	10	.	.	PUNCT
ajfa-6062	225	1	journal	journal	NOUN
ajfa-6062	225	2	of	of	ADP
ajfa-6062	225	3	financial	financial	ADJ
ajfa-6062	225	4	economics	economic	NOUN
ajfa-6062	225	5	,	,	PUNCT
ajfa-6062	225	6	80(1	80(1	NUM
ajfa-6062	225	7	)	)	PUNCT
ajfa-6062	225	8	,	,	PUNCT
ajfa-6062	225	9	115	115	NUM
ajfa-6062	225	10	-	-	SYM
ajfa-6062	225	11	147	147	NUM
ajfa-6062	225	12	.	.	PUNCT
ajfa-6062	226	1	http://dx.doi.org/10.1016/j.jfineco.2005.03.010	http://dx.doi.org/10.1016/j.jfineco.2005.03.010	PROPN
ajfa-6062	226	2	congress	congress	PROPN
ajfa-6062	226	3	.	.	PUNCT
ajfa-6062	227	1	(	(	PUNCT
ajfa-6062	227	2	2002	2002	NUM
ajfa-6062	227	3	)	)	PUNCT
ajfa-6062	227	4	.	.	PUNCT
ajfa-6062	228	1	the	the	DET
ajfa-6062	228	2	sarbanes	sarbanes	PROPN
ajfa-6062	228	3	-	-	PUNCT
ajfa-6062	228	4	oxley	oxley	ADJ
ajfa-6062	228	5	act	act	NOUN
ajfa-6062	228	6	of	of	ADP
ajfa-6062	228	7	2002	2002	NUM
ajfa-6062	228	8	.	.	PUNCT
ajfa-6062	229	1	defond	defond	NOUN
ajfa-6062	229	2	,	,	PUNCT
ajfa-6062	229	3	m.	m.	NOUN
ajfa-6062	229	4	,	,	PUNCT
ajfa-6062	229	5	raghunandan	raghunandan	PROPN
ajfa-6062	229	6	,	,	PUNCT
ajfa-6062	229	7	k.	k.	PROPN
ajfa-6062	229	8	,	,	PUNCT
ajfa-6062	229	9	&	&	CCONJ
ajfa-6062	229	10	subramanyam	subramanyam	PROPN
ajfa-6062	229	11	,	,	PUNCT
ajfa-6062	229	12	k.	k.	PROPN
ajfa-6062	229	13	(	(	PUNCT
ajfa-6062	229	14	2002	2002	NUM
ajfa-6062	229	15	)	)	PUNCT
ajfa-6062	229	16	.	.	PUNCT
ajfa-6062	230	1	do	do	AUX
ajfa-6062	230	2	non	non	ADJ
ajfa-6062	230	3	-	-	ADJ
ajfa-6062	230	4	audit	audit	ADJ
ajfa-6062	230	5	service	service	NOUN
ajfa-6062	230	6	fees	fee	NOUN
ajfa-6062	230	7	impair	impair	VERB
ajfa-6062	230	8	auditor	auditor	NOUN
ajfa-6062	230	9	independence	independence	NOUN
ajfa-6062	230	10	?	?	PUNCT
ajfa-6062	231	1	evidence	evidence	NOUN
ajfa-6062	231	2	from	from	ADP
ajfa-6062	231	3	going	go	VERB
ajfa-6062	231	4	concern	concern	ADJ
ajfa-6062	231	5	audit	audit	NOUN
ajfa-6062	231	6	opinions	opinion	NOUN
ajfa-6062	231	7	.	.	PUNCT
ajfa-6062	232	1	journal	journal	NOUN
ajfa-6062	232	2	of	of	ADP
ajfa-6062	232	3	accounting	accounting	NOUN
ajfa-6062	232	4	research	research	NOUN
ajfa-6062	232	5	,	,	PUNCT
ajfa-6062	232	6	40	40	NUM
ajfa-6062	232	7	,	,	PUNCT
ajfa-6062	232	8	1247	1247	NUM
ajfa-6062	232	9	-	-	SYM
ajfa-6062	232	10	1274	1274	NUM
ajfa-6062	232	11	.	.	PUNCT
ajfa-6062	233	1	http://dx.doi.org/10.1111/1475-679x.00088	http://dx.doi.org/10.1111/1475-679x.00088	PRON
ajfa-6062	233	2	durnev	durnev	NOUN
ajfa-6062	233	3	,	,	PUNCT
ajfa-6062	233	4	a.	a.	NOUN
ajfa-6062	233	5	,	,	PUNCT
ajfa-6062	233	6	morck	morck	PROPN
ajfa-6062	233	7	,	,	PUNCT
ajfa-6062	233	8	r.	r.	PROPN
ajfa-6062	233	9	,	,	PUNCT
ajfa-6062	233	10	&	&	CCONJ
ajfa-6062	233	11	yeung	yeung	PROPN
ajfa-6062	233	12	,	,	PUNCT
ajfa-6062	233	13	b.	b.	PROPN
ajfa-6062	233	14	(	(	PUNCT
ajfa-6062	233	15	2004	2004	NUM
ajfa-6062	233	16	)	)	PUNCT
ajfa-6062	233	17	.	.	PUNCT
ajfa-6062	234	1	value	value	NOUN
ajfa-6062	234	2	enhancing	enhance	VERB
ajfa-6062	234	3	capital	capital	NOUN
ajfa-6062	234	4	budgeting	budgeting	NOUN
ajfa-6062	234	5	and	and	CCONJ
ajfa-6062	234	6	firm	firm	ADJ
ajfa-6062	234	7	-	-	PUNCT
ajfa-6062	234	8	specific	specific	ADJ
ajfa-6062	234	9	stock	stock	NOUN
ajfa-6062	234	10	return	return	NOUN
ajfa-6062	234	11	variation	variation	NOUN
ajfa-6062	234	12	.	.	PUNCT
ajfa-6062	235	1	journal	journal	PROPN
ajfa-6062	235	2	of	of	ADP
ajfa-6062	235	3	finance	finance	NOUN
ajfa-6062	235	4	,	,	PUNCT
ajfa-6062	235	5	59(1	59(1	NUM
ajfa-6062	235	6	)	)	PUNCT
ajfa-6062	235	7	,	,	PUNCT
ajfa-6062	235	8	65	65	NUM
ajfa-6062	235	9	-	-	SYM
ajfa-6062	235	10	105	105	NUM
ajfa-6062	235	11	.	.	PUNCT
ajfa-6062	236	1	http://dx.doi.org/10.1111/j.1540-6261.2004.00627.x	http://dx.doi.org/10.1111/j.1540-6261.2004.00627.x	NOUN
ajfa-6062	236	2	durnev	durnev	PROPN
ajfa-6062	236	3	,	,	PUNCT
ajfa-6062	236	4	a.	a.	NOUN
ajfa-6062	236	5	,	,	PUNCT
ajfa-6062	236	6	morck	morck	PROPN
ajfa-6062	236	7	,	,	PUNCT
ajfa-6062	236	8	r.	r.	PROPN
ajfa-6062	236	9	yeung	yeung	PROPN
ajfa-6062	236	10	,	,	PUNCT
ajfa-6062	236	11	b.	b.	PROPN
ajfa-6062	236	12	,	,	PUNCT
ajfa-6062	236	13	&	&	CCONJ
ajfa-6062	236	14	zarowin	zarowin	PROPN
ajfa-6062	236	15	,	,	PUNCT
ajfa-6062	236	16	p.	p.	NOUN
ajfa-6062	236	17	(	(	PUNCT
ajfa-6062	236	18	2003	2003	NUM
ajfa-6062	236	19	)	)	PUNCT
ajfa-6062	236	20	.	.	PUNCT
ajfa-6062	237	1	does	do	AUX
ajfa-6062	237	2	greater	great	ADJ
ajfa-6062	237	3	firm	firm	ADJ
ajfa-6062	237	4	-	-	PUNCT
ajfa-6062	237	5	specific	specific	ADJ
ajfa-6062	237	6	return	return	NOUN
ajfa-6062	237	7	variation	variation	NOUN
ajfa-6062	237	8	mean	mean	VERB
ajfa-6062	237	9	more	more	ADV
ajfa-6062	237	10	or	or	CCONJ
ajfa-6062	237	11	less	less	ADV
ajfa-6062	237	12	informed	informed	ADJ
ajfa-6062	237	13	stock	stock	NOUN
ajfa-6062	237	14	pricing	pricing	NOUN
ajfa-6062	237	15	?	?	PUNCT
ajfa-6062	238	1	journal	journal	NOUN
ajfa-6062	238	2	of	of	ADP
ajfa-6062	238	3	accounting	accounting	NOUN
ajfa-6062	238	4	research	research	NOUN
ajfa-6062	238	5	,	,	PUNCT
ajfa-6062	238	6	41(5	41(5	NUM
ajfa-6062	238	7	)	)	PUNCT
ajfa-6062	238	8	,	,	PUNCT
ajfa-6062	238	9	797	797	NUM
ajfa-6062	238	10	-	-	SYM
ajfa-6062	238	11	836	836	NUM
ajfa-6062	238	12	.	.	PUNCT
ajfa-6062	239	1	http://dx.doi.org/10.1046/j.1475-679x.2003.00124.x	http://dx.doi.org/10.1046/j.1475-679x.2003.00124.x	PROPN
ajfa-6062	239	2	francis	francis	PROPN
ajfa-6062	239	3	,	,	PUNCT
ajfa-6062	239	4	j.	j.	PROPN
ajfa-6062	239	5	,	,	PUNCT
ajfa-6062	239	6	reichelt	reichelt	PROPN
ajfa-6062	239	7	,	,	PUNCT
ajfa-6062	239	8	k.	k.	PROPN
ajfa-6062	239	9	,	,	PUNCT
ajfa-6062	239	10	&	&	CCONJ
ajfa-6062	239	11	wang	wang	PROPN
ajfa-6062	239	12	,	,	PUNCT
ajfa-6062	239	13	d.	d.	PROPN
ajfa-6062	239	14	(	(	PUNCT
ajfa-6062	239	15	2005	2005	NUM
ajfa-6062	239	16	)	)	PUNCT
ajfa-6062	239	17	.	.	PUNCT
ajfa-6062	240	1	the	the	DET
ajfa-6062	240	2	pricing	pricing	NOUN
ajfa-6062	240	3	of	of	ADP
ajfa-6062	240	4	national	national	ADJ
ajfa-6062	240	5	and	and	CCONJ
ajfa-6062	240	6	city	city	NOUN
ajfa-6062	240	7	-	-	PUNCT
ajfa-6062	240	8	specific	specific	ADJ
ajfa-6062	240	9	reputations	reputation	NOUN
ajfa-6062	240	10	for	for	ADP
ajfa-6062	240	11	industry	industry	NOUN
ajfa-6062	240	12	expertise	expertise	NOUN
ajfa-6062	240	13	in	in	ADP
ajfa-6062	240	14	the	the	DET
ajfa-6062	240	15	u.s	u.s	PROPN
ajfa-6062	240	16	.	.	PROPN
ajfa-6062	240	17	audit	audit	NOUN
ajfa-6062	240	18	market	market	NOUN
ajfa-6062	240	19	.	.	PUNCT
ajfa-6062	241	1	the	the	DET
ajfa-6062	241	2	accounting	accounting	NOUN
ajfa-6062	241	3	review	review	NOUN
ajfa-6062	241	4	,	,	PUNCT
ajfa-6062	241	5	80(1	80(1	NUM
ajfa-6062	241	6	)	)	PUNCT
ajfa-6062	241	7	,	,	PUNCT
ajfa-6062	241	8	113	113	NUM
ajfa-6062	241	9	-	-	SYM
ajfa-6062	241	10	136	136	NUM
ajfa-6062	241	11	.	.	PUNCT
ajfa-6062	242	1	http://dx.doi.org/10.2308/accr.2005.80.1.113	http://dx.doi.org/10.2308/accr.2005.80.1.113	VERB
ajfa-6062	242	2	frankel	frankel	PROPN
ajfa-6062	242	3	,	,	PUNCT
ajfa-6062	242	4	r.	r.	PROPN
ajfa-6062	242	5	,	,	PUNCT
ajfa-6062	242	6	johnson	johnson	PROPN
ajfa-6062	242	7	,	,	PUNCT
ajfa-6062	242	8	m.	m.	NOUN
ajfa-6062	242	9	,	,	PUNCT
ajfa-6062	242	10	&	&	CCONJ
ajfa-6062	242	11	nelson	nelson	PROPN
ajfa-6062	242	12	,	,	PUNCT
ajfa-6062	242	13	k.	k.	PROPN
ajfa-6062	242	14	(	(	PUNCT
ajfa-6062	242	15	2002	2002	NUM
ajfa-6062	242	16	)	)	PUNCT
ajfa-6062	242	17	.	.	PUNCT
ajfa-6062	243	1	the	the	DET
ajfa-6062	243	2	relation	relation	NOUN
ajfa-6062	243	3	between	between	ADP
ajfa-6062	243	4	auditors	auditor	NOUN
ajfa-6062	243	5	’	’	PART
ajfa-6062	243	6	fees	fee	NOUN
ajfa-6062	243	7	for	for	ADP
ajfa-6062	243	8	non	non	ADJ
ajfa-6062	243	9	-	-	ADJ
ajfa-6062	243	10	audit	audit	ADJ
ajfa-6062	243	11	services	service	NOUN
ajfa-6062	243	12	and	and	CCONJ
ajfa-6062	243	13	earnings	earning	NOUN
ajfa-6062	243	14	management	management	NOUN
ajfa-6062	243	15	.	.	PUNCT
ajfa-6062	244	1	the	the	DET
ajfa-6062	244	2	accounting	accounting	NOUN
ajfa-6062	244	3	review	review	NOUN
ajfa-6062	244	4	,	,	PUNCT
ajfa-6062	244	5	77	77	NUM
ajfa-6062	244	6	,	,	PUNCT
ajfa-6062	244	7	71	71	NUM
ajfa-6062	244	8	-	-	SYM
ajfa-6062	244	9	105	105	NUM
ajfa-6062	244	10	.	.	PUNCT
ajfa-6062	245	1	http://dx.doi.org/10.2308/accr.2002.77.s-1.71	http://dx.doi.org/10.2308/accr.2002.77.s-1.71	PROPN
ajfa-6062	245	2	gul	gul	PROPN
ajfa-6062	245	3	,	,	PUNCT
ajfa-6062	245	4	f.a	f.a	PROPN
ajfa-6062	245	5	.	.	PROPN
ajfa-6062	245	6	,	,	PUNCT
ajfa-6062	245	7	&	&	CCONJ
ajfa-6062	245	8	tsui	tsui	PROPN
ajfa-6062	245	9	.	.	PUNCT
ajfa-6062	246	1	s.l	s.l	PROPN
ajfa-6062	246	2	.	.	PROPN
ajfa-6062	247	1	(	(	PUNCT
ajfa-6062	247	2	1998	1998	NUM
ajfa-6062	247	3	)	)	PUNCT
ajfa-6062	247	4	.	.	PUNCT
ajfa-6062	248	1	a	a	DET
ajfa-6062	248	2	test	test	NOUN
ajfa-6062	248	3	of	of	ADP
ajfa-6062	248	4	the	the	DET
ajfa-6062	248	5	free	free	ADJ
ajfa-6062	248	6	cash	cash	NOUN
ajfa-6062	248	7	flow	flow	NOUN
ajfa-6062	248	8	and	and	CCONJ
ajfa-6062	248	9	debt	debt	NOUN
ajfa-6062	248	10	monitoring	monitoring	NOUN
ajfa-6062	248	11	hypotheses	hypothesis	NOUN
ajfa-6062	248	12	:	:	PUNCT
ajfa-6062	248	13	evidence	evidence	NOUN
ajfa-6062	248	14	from	from	ADP
ajfa-6062	248	15	audit	audit	NOUN
ajfa-6062	248	16	pricing	pricing	NOUN
ajfa-6062	248	17	.	.	PUNCT
ajfa-6062	249	1	journal	journal	NOUN
ajfa-6062	249	2	of	of	ADP
ajfa-6062	249	3	accounting	accounting	NOUN
ajfa-6062	249	4	and	and	CCONJ
ajfa-6062	249	5	economics	economic	NOUN
ajfa-6062	249	6	,	,	PUNCT
ajfa-6062	249	7	24	24	NUM
ajfa-6062	249	8	,	,	PUNCT
ajfa-6062	249	9	219	219	NUM
ajfa-6062	249	10	-	-	SYM
ajfa-6062	249	11	237	237	NUM
ajfa-6062	249	12	.	.	PUNCT
ajfa-6062	250	1	http://dx.doi.org/10.1016/s0165-4101(98)00006-8	http://dx.doi.org/10.1016/s0165-4101(98)00006-8	PROPN
ajfa-6062	250	2	jin	jin	PROPN
ajfa-6062	250	3	,	,	PUNCT
ajfa-6062	250	4	l.	l.	PROPN
ajfa-6062	250	5	,	,	PUNCT
ajfa-6062	250	6	&	&	CCONJ
ajfa-6062	250	7	myers	myers	PROPN
ajfa-6062	250	8	,	,	PUNCT
ajfa-6062	250	9	s.	s.	PROPN
ajfa-6062	250	10	(	(	PUNCT
ajfa-6062	250	11	2006	2006	NUM
ajfa-6062	250	12	)	)	PUNCT
ajfa-6062	250	13	.	.	PUNCT
ajfa-6062	251	1	r2	r2	PROPN
ajfa-6062	251	2	around	around	ADP
ajfa-6062	251	3	the	the	DET
ajfa-6062	251	4	world	world	NOUN
ajfa-6062	251	5	:	:	PUNCT
ajfa-6062	251	6	new	new	ADJ
ajfa-6062	251	7	theory	theory	NOUN
ajfa-6062	251	8	and	and	CCONJ
ajfa-6062	251	9	new	new	ADJ
ajfa-6062	251	10	tests	test	NOUN
ajfa-6062	251	11	.	.	PUNCT
ajfa-6062	252	1	journal	journal	NOUN
ajfa-6062	252	2	of	of	ADP
ajfa-6062	252	3	financial	financial	ADJ
ajfa-6062	252	4	economics	economic	NOUN
ajfa-6062	252	5	,	,	PUNCT
ajfa-6062	252	6	79	79	NUM
ajfa-6062	252	7	,	,	PUNCT
ajfa-6062	252	8	257	257	NUM
ajfa-6062	252	9	-	-	SYM
ajfa-6062	252	10	292	292	NUM
ajfa-6062	252	11	.	.	PUNCT
ajfa-6062	253	1	http://dx.doi.org/10.1016/j.jfineco.2004.11.003	http://dx.doi.org/10.1016/j.jfineco.2004.11.003	PROPN
ajfa-6062	253	2	li	li	PROPN
ajfa-6062	253	3	,	,	PUNCT
ajfa-6062	253	4	b.	b.	PROPN
ajfa-6062	253	5	,	,	PUNCT
ajfa-6062	253	6	rajgopal	rajgopal	NOUN
ajfa-6062	253	7	,	,	PUNCT
ajfa-6062	253	8	s.	s.	PROPN
ajfa-6062	253	9	,	,	PUNCT
ajfa-6062	253	10	&	&	CCONJ
ajfa-6062	253	11	venkatachalam	venkatachalam	PROPN
ajfa-6062	253	12	,	,	PUNCT
ajfa-6062	253	13	m.	m.	NOUN
ajfa-6062	253	14	(	(	PUNCT
ajfa-6062	253	15	2014	2014	NUM
ajfa-6062	253	16	)	)	PUNCT
ajfa-6062	253	17	.	.	PUNCT
ajfa-6062	254	1	r2	r2	PROPN
ajfa-6062	254	2	and	and	CCONJ
ajfa-6062	254	3	idiosyncratic	idiosyncratic	ADJ
ajfa-6062	254	4	risk	risk	NOUN
ajfa-6062	254	5	are	be	AUX
ajfa-6062	254	6	not	not	PART
ajfa-6062	254	7	interchangeable	interchangeable	ADJ
ajfa-6062	254	8	.	.	PUNCT
ajfa-6062	255	1	the	the	DET
ajfa-6062	255	2	accounting	accounting	NOUN
ajfa-6062	255	3	review	review	NOUN
ajfa-6062	255	4	.	.	PUNCT
ajfa-6062	256	1	in	in	ADP
ajfa-6062	256	2	-	-	PUNCT
ajfa-6062	256	3	press	press	NOUN
ajfa-6062	256	4	.	.	PUNCT
ajfa-6062	257	1	morck	morck	PROPN
ajfa-6062	257	2	,	,	PUNCT
ajfa-6062	257	3	r.	r.	PROPN
ajfa-6062	257	4	,	,	PUNCT
ajfa-6062	257	5	yeung	yeung	PROPN
ajfa-6062	257	6	,	,	PUNCT
ajfa-6062	257	7	b.	b.	PROPN
ajfa-6062	257	8	,	,	PUNCT
ajfa-6062	257	9	&	&	CCONJ
ajfa-6062	257	10	yu	yu	PROPN
ajfa-6062	257	11	,	,	PUNCT
ajfa-6062	257	12	w.	w.	PROPN
ajfa-6062	257	13	(	(	PUNCT
ajfa-6062	257	14	2000	2000	NUM
ajfa-6062	257	15	)	)	PUNCT
ajfa-6062	257	16	.	.	PUNCT
ajfa-6062	258	1	the	the	DET
ajfa-6062	258	2	information	information	NOUN
ajfa-6062	258	3	content	content	NOUN
ajfa-6062	258	4	of	of	ADP
ajfa-6062	258	5	stock	stock	NOUN
ajfa-6062	258	6	markets	market	NOUN
ajfa-6062	258	7	:	:	PUNCT
ajfa-6062	258	8	why	why	SCONJ
ajfa-6062	258	9	do	do	AUX
ajfa-6062	258	10	emerging	emerge	VERB
ajfa-6062	258	11	markets	market	NOUN
ajfa-6062	258	12	have	have	VERB
ajfa-6062	258	13	synchronous	synchronous	ADJ
ajfa-6062	258	14	stock	stock	NOUN
ajfa-6062	258	15	price	price	NOUN
ajfa-6062	258	16	movements	movement	NOUN
ajfa-6062	258	17	?	?	PUNCT
ajfa-6062	259	1	journal	journal	NOUN
ajfa-6062	259	2	of	of	ADP
ajfa-6062	259	3	financial	financial	ADJ
ajfa-6062	259	4	economics	economic	NOUN
ajfa-6062	259	5	,	,	PUNCT
ajfa-6062	259	6	58(1	58(1	PROPN
ajfa-6062	259	7	-	-	SYM
ajfa-6062	259	8	2	2	NUM
ajfa-6062	259	9	)	)	PUNCT
ajfa-6062	259	10	,	,	PUNCT
ajfa-6062	259	11	215	215	NUM
ajfa-6062	259	12	-	-	SYM
ajfa-6062	259	13	260	260	NUM
ajfa-6062	259	14	.	.	PUNCT
ajfa-6062	260	1	http://dx.doi.org/10.1016/s0304-405x(00)00071-4	http://dx.doi.org/10.1016/s0304-405x(00)00071-4	NOUN
ajfa-6062	260	2	palmrose	palmrose	ADJ
ajfa-6062	260	3	,	,	PUNCT
ajfa-6062	260	4	z.	z.	PROPN
ajfa-6062	260	5	(	(	PUNCT
ajfa-6062	260	6	1986	1986	NUM
ajfa-6062	260	7	)	)	PUNCT
ajfa-6062	260	8	.	.	PUNCT
ajfa-6062	261	1	the	the	DET
ajfa-6062	261	2	effect	effect	NOUN
ajfa-6062	261	3	of	of	ADP
ajfa-6062	261	4	non	non	ADJ
ajfa-6062	261	5	-	-	ADJ
ajfa-6062	261	6	audit	audit	ADJ
ajfa-6062	261	7	services	service	NOUN
ajfa-6062	261	8	on	on	ADP
ajfa-6062	261	9	the	the	DET
ajfa-6062	261	10	pricing	pricing	NOUN
ajfa-6062	261	11	of	of	ADP
ajfa-6062	261	12	audit	audit	NOUN
ajfa-6062	261	13	services	service	NOUN
ajfa-6062	261	14	:	:	PUNCT
ajfa-6062	261	15	further	further	ADJ
ajfa-6062	261	16	asian	asian	ADJ
ajfa-6062	261	17	journal	journal	NOUN
ajfa-6062	261	18	of	of	ADP
ajfa-6062	261	19	finance	finance	PROPN
ajfa-6062	261	20	&	&	CCONJ
ajfa-6062	261	21	accounting	accounting	PROPN
ajfa-6062	261	22	issn	issn	PROPN
ajfa-6062	261	23	1946	1946	NUM
ajfa-6062	261	24	-	-	PUNCT
ajfa-6062	261	25	052x	052x	PROPN
ajfa-6062	261	26	2014	2014	NUM
ajfa-6062	261	27	,	,	PUNCT
ajfa-6062	261	28	vol	vol	NOUN
ajfa-6062	261	29	.	.	PROPN
ajfa-6062	261	30	6	6	NUM
ajfa-6062	261	31	,	,	PUNCT
ajfa-6062	261	32	no	no	INTJ
ajfa-6062	261	33	.	.	NOUN
ajfa-6062	261	34	2	2	NUM
ajfa-6062	261	35	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-6062	261	36	102	102	NUM
ajfa-6062	261	37	evidence	evidence	NOUN
ajfa-6062	261	38	.	.	PUNCT
ajfa-6062	262	1	journal	journal	NOUN
ajfa-6062	262	2	of	of	ADP
ajfa-6062	262	3	accounting	accounting	NOUN
ajfa-6062	262	4	research	research	NOUN
ajfa-6062	262	5	,	,	PUNCT
ajfa-6062	262	6	24	24	NUM
ajfa-6062	262	7	,	,	PUNCT
ajfa-6062	262	8	405	405	NUM
ajfa-6062	262	9	-	-	SYM
ajfa-6062	262	10	411	411	NUM
ajfa-6062	262	11	.	.	PUNCT
ajfa-6062	263	1	http://dx.doi.org/10.2307/2491144	http://dx.doi.org/10.2307/2491144	PROPN
ajfa-6062	263	2	palmrose	palmrose	VERB
ajfa-6062	263	3	,	,	PUNCT
ajfa-6062	263	4	z.	z.	PROPN
ajfa-6062	263	5	(	(	PUNCT
ajfa-6062	263	6	1988	1988	NUM
ajfa-6062	263	7	)	)	PUNCT
ajfa-6062	263	8	.	.	PUNCT
ajfa-6062	264	1	an	an	DET
ajfa-6062	264	2	analysis	analysis	NOUN
ajfa-6062	264	3	of	of	ADP
ajfa-6062	264	4	auditor	auditor	NOUN
ajfa-6062	264	5	litigation	litigation	NOUN
ajfa-6062	264	6	and	and	CCONJ
ajfa-6062	264	7	audit	audit	NOUN
ajfa-6062	264	8	service	service	NOUN
ajfa-6062	264	9	quality	quality	NOUN
ajfa-6062	264	10	.	.	PUNCT
ajfa-6062	265	1	the	the	DET
ajfa-6062	265	2	accounting	accounting	NOUN
ajfa-6062	265	3	review	review	NOUN
ajfa-6062	265	4	,	,	PUNCT
ajfa-6062	265	5	63	63	NUM
ajfa-6062	265	6	,	,	PUNCT
ajfa-6062	265	7	55	55	NUM
ajfa-6062	265	8	-	-	SYM
ajfa-6062	265	9	73	73	NUM
ajfa-6062	265	10	.	.	PUNCT
ajfa-6062	266	1	piotroski	piotroski	ADJ
ajfa-6062	266	2	,	,	PUNCT
ajfa-6062	266	3	j.	j.	PROPN
ajfa-6062	266	4	,	,	PUNCT
ajfa-6062	266	5	&	&	CCONJ
ajfa-6062	266	6	roulstone	roulstone	PROPN
ajfa-6062	266	7	,	,	PUNCT
ajfa-6062	266	8	d.	d.	PROPN
ajfa-6062	266	9	(	(	PUNCT
ajfa-6062	266	10	2004	2004	NUM
ajfa-6062	266	11	)	)	PUNCT
ajfa-6062	266	12	.	.	PUNCT
ajfa-6062	267	1	the	the	DET
ajfa-6062	267	2	influence	influence	NOUN
ajfa-6062	267	3	of	of	ADP
ajfa-6062	267	4	analysts	analyst	NOUN
ajfa-6062	267	5	,	,	PUNCT
ajfa-6062	267	6	institutional	institutional	ADJ
ajfa-6062	267	7	investors	investor	NOUN
ajfa-6062	267	8	,	,	PUNCT
ajfa-6062	267	9	and	and	CCONJ
ajfa-6062	267	10	insiders	insider	NOUN
ajfa-6062	267	11	on	on	ADP
ajfa-6062	267	12	the	the	DET
ajfa-6062	267	13	incorporation	incorporation	NOUN
ajfa-6062	267	14	of	of	ADP
ajfa-6062	267	15	market	market	NOUN
ajfa-6062	267	16	,	,	PUNCT
ajfa-6062	267	17	industry	industry	NOUN
ajfa-6062	267	18	,	,	PUNCT
ajfa-6062	267	19	and	and	CCONJ
ajfa-6062	267	20	firm	firm	ADJ
ajfa-6062	267	21	-	-	PUNCT
ajfa-6062	267	22	specific	specific	ADJ
ajfa-6062	267	23	information	information	NOUN
ajfa-6062	267	24	into	into	ADP
ajfa-6062	267	25	stock	stock	NOUN
ajfa-6062	267	26	prices	price	NOUN
ajfa-6062	267	27	.	.	PUNCT
ajfa-6062	268	1	the	the	DET
ajfa-6062	268	2	accounting	accounting	NOUN
ajfa-6062	268	3	review	review	NOUN
ajfa-6062	268	4	,	,	PUNCT
ajfa-6062	268	5	79(4	79(4	NOUN
ajfa-6062	268	6	)	)	PUNCT
ajfa-6062	268	7	,	,	PUNCT
ajfa-6062	268	8	1119	1119	NUM
ajfa-6062	268	9	-	-	SYM
ajfa-6062	268	10	1151	1151	NUM
ajfa-6062	268	11	.	.	PUNCT
ajfa-6062	269	1	http://dx.doi.org/10.2308/accr.2004.79.4.1119	http://dx.doi.org/10.2308/accr.2004.79.4.1119	PROPN
ajfa-6062	269	2	roll	roll	PROPN
ajfa-6062	269	3	,	,	PUNCT
ajfa-6062	269	4	r.	r.	PROPN
ajfa-6062	269	5	(	(	PUNCT
ajfa-6062	269	6	1988	1988	NUM
ajfa-6062	269	7	)	)	PUNCT
ajfa-6062	269	8	.	.	PUNCT
ajfa-6062	270	1	r2	r2	PROPN
ajfa-6062	270	2	.	.	PUNCT
ajfa-6062	270	3	journal	journal	PROPN
ajfa-6062	270	4	of	of	ADP
ajfa-6062	270	5	finance	finance	NOUN
ajfa-6062	270	6	,	,	PUNCT
ajfa-6062	270	7	43(july),541	43(july),541	NUM
ajfa-6062	270	8	-	-	SYM
ajfa-6062	270	9	566	566	NUM
ajfa-6062	270	10	.	.	PUNCT
ajfa-6062	271	1	simunic	simunic	PROPN
ajfa-6062	271	2	,	,	PUNCT
ajfa-6062	271	3	d.	d.	PROPN
ajfa-6062	271	4	(	(	PUNCT
ajfa-6062	271	5	1980	1980	NUM
ajfa-6062	271	6	)	)	PUNCT
ajfa-6062	271	7	.	.	PUNCT
ajfa-6062	272	1	the	the	DET
ajfa-6062	272	2	pricing	pricing	NOUN
ajfa-6062	272	3	of	of	ADP
ajfa-6062	272	4	audit	audit	NOUN
ajfa-6062	272	5	services	service	NOUN
ajfa-6062	272	6	:	:	PUNCT
ajfa-6062	272	7	theory	theory	NOUN
ajfa-6062	272	8	and	and	CCONJ
ajfa-6062	272	9	evidence	evidence	NOUN
ajfa-6062	272	10	.	.	PUNCT
ajfa-6062	273	1	journal	journal	NOUN
ajfa-6062	273	2	of	of	ADP
ajfa-6062	273	3	accounting	accounting	NOUN
ajfa-6062	273	4	research	research	NOUN
ajfa-6062	273	5	,	,	PUNCT
ajfa-6062	273	6	18(1	18(1	NUM
ajfa-6062	273	7	)	)	PUNCT
ajfa-6062	273	8	,	,	PUNCT
ajfa-6062	273	9	161	161	NUM
ajfa-6062	273	10	-	-	SYM
ajfa-6062	273	11	190	190	NUM
ajfa-6062	273	12	.	.	PUNCT
ajfa-6062	274	1	http://dx.doi.org/10.2307/2490397	http://dx.doi.org/10.2307/2490397	PROPN
ajfa-6062	274	2	skaife	skaife	PROPN
ajfa-6062	274	3	,	,	PUNCT
ajfa-6062	274	4	h.	h.	PROPN
ajfa-6062	274	5	,	,	PUNCT
ajfa-6062	274	6	gassen	gassen	PROPN
ajfa-6062	274	7	,	,	PUNCT
ajfa-6062	274	8	j.	j.	PROPN
ajfa-6062	274	9	,	,	PUNCT
ajfa-6062	274	10	&	&	CCONJ
ajfa-6062	274	11	lafond	lafond	PROPN
ajfa-6062	274	12	,	,	PUNCT
ajfa-6062	274	13	r.	r.	PROPN
ajfa-6062	274	14	(	(	PUNCT
ajfa-6062	274	15	2006	2006	NUM
ajfa-6062	274	16	)	)	PUNCT
ajfa-6062	274	17	.	.	PUNCT
ajfa-6062	275	1	does	do	AUX
ajfa-6062	275	2	stock	stock	NOUN
ajfa-6062	275	3	price	price	NOUN
ajfa-6062	275	4	synchronicity	synchronicity	NOUN
ajfa-6062	275	5	represent	represent	VERB
ajfa-6062	275	6	firm	firm	ADJ
ajfa-6062	275	7	-	-	PUNCT
ajfa-6062	275	8	specific	specific	ADJ
ajfa-6062	275	9	information	information	NOUN
ajfa-6062	275	10	?	?	PUNCT
ajfa-6062	276	1	the	the	DET
ajfa-6062	276	2	international	international	ADJ
ajfa-6062	276	3	evidence	evidence	NOUN
ajfa-6062	276	4	.	.	PUNCT
ajfa-6062	277	1	working	work	VERB
ajfa-6062	277	2	paper	paper	NOUN
ajfa-6062	277	3	,	,	PUNCT
ajfa-6062	277	4	university	university	PROPN
ajfa-6062	277	5	of	of	ADP
ajfa-6062	277	6	wisconsin	wisconsin	PROPN
ajfa-6062	277	7	-	-	PUNCT
ajfa-6062	277	8	madison	madison	PROPN
ajfa-6062	277	9	,	,	PUNCT
ajfa-6062	277	10	humboldt	humboldt	PROPN
ajfa-6062	277	11	university	university	PROPN
ajfa-6062	277	12	berlin	berlin	PROPN
ajfa-6062	277	13	and	and	CCONJ
ajfa-6062	277	14	massachusetts	massachusetts	PROPN
ajfa-6062	277	15	institute	institute	PROPN
ajfa-6062	277	16	of	of	ADP
ajfa-6062	277	17	techonology	techonology	NOUN
ajfa-6062	277	18	.	.	PUNCT
ajfa-6062	278	1	wang	wang	PROPN
ajfa-6062	278	2	x.h	x.h	PROPN
ajfa-6062	278	3	.	.	PROPN
ajfa-6062	278	4	,	,	PUNCT
ajfa-6062	278	5	&	&	CCONJ
ajfa-6062	278	6	yang	yang	PROPN
ajfa-6062	278	7	bibo	bibo	PROPN
ajfa-6062	278	8	.	.	PUNCT
ajfa-6062	279	1	(	(	PUNCT
ajfa-6062	279	2	2011	2011	NUM
ajfa-6062	279	3	)	)	PUNCT
ajfa-6062	279	4	.	.	PUNCT
ajfa-6062	280	1	management	management	NOUN
ajfa-6062	280	2	entrenchment	entrenchment	NOUN
ajfa-6062	280	3	,	,	PUNCT
ajfa-6062	280	4	agency	agency	NOUN
ajfa-6062	280	5	problem	problem	NOUN
ajfa-6062	280	6	and	and	CCONJ
ajfa-6062	280	7	audit	audit	NOUN
ajfa-6062	280	8	fees	fee	NOUN
ajfa-6062	280	9	.	.	PUNCT
ajfa-6062	281	1	asia	asia	PROPN
ajfa-6062	281	2	journal	journal	PROPN
ajfa-6062	281	3	of	of	ADP
ajfa-6062	281	4	finance	finance	PROPN
ajfa-6062	281	5	&	&	CCONJ
ajfa-6062	281	6	accounting	accounting	PROPN
ajfa-6062	281	7	,	,	PUNCT
ajfa-6062	281	8	3	3	NUM
ajfa-6062	281	9	,	,	PUNCT
ajfa-6062	281	10	26	26	NUM
ajfa-6062	281	11	-	-	SYM
ajfa-6062	281	12	38	38	NUM
ajfa-6062	281	13	.	.	PUNCT
ajfa-6062	282	1	http://dx.doi.org/10.5296/ajfa.v3i1.932	http://dx.doi.org/10.5296/ajfa.v3i1.932	PROPN
ajfa-6062	282	2	watts	watts	PROPN
ajfa-6062	282	3	,	,	PUNCT
ajfa-6062	282	4	r.	r.	PROPN
ajfa-6062	282	5	,	,	PUNCT
ajfa-6062	282	6	&	&	CCONJ
ajfa-6062	282	7	zimmerman	zimmerman	PROPN
ajfa-6062	282	8	,	,	PUNCT
ajfa-6062	282	9	j.	j.	PROPN
ajfa-6062	282	10	(	(	PUNCT
ajfa-6062	282	11	1980	1980	NUM
ajfa-6062	282	12	)	)	PUNCT
ajfa-6062	282	13	.	.	PUNCT
ajfa-6062	283	1	the	the	DET
ajfa-6062	283	2	markets	market	NOUN
ajfa-6062	283	3	for	for	ADP
ajfa-6062	283	4	independence	independence	NOUN
ajfa-6062	283	5	and	and	CCONJ
ajfa-6062	283	6	independent	independent	ADJ
ajfa-6062	283	7	auditors	auditor	NOUN
ajfa-6062	283	8	.	.	PUNCT
ajfa-6062	284	1	unpublished	unpublished	ADJ
ajfa-6062	284	2	manuscript	manuscript	NOUN
ajfa-6062	284	3	(	(	PUNCT
ajfa-6062	284	4	university	university	NOUN
ajfa-6062	284	5	of	of	ADP
ajfa-6062	284	6	rochester	rochester	PROPN
ajfa-6062	284	7	)	)	PUNCT
ajfa-6062	284	8	xing	xing	PROPN
ajfa-6062	284	9	,	,	PUNCT
ajfa-6062	284	10	x.	x.	PROPN
ajfa-6062	284	11	,	,	PUNCT
ajfa-6062	284	12	&	&	CCONJ
ajfa-6062	284	13	anderson	anderson	PROPN
ajfa-6062	284	14	,	,	PUNCT
ajfa-6062	284	15	r.	r.	PROPN
ajfa-6062	284	16	(	(	PUNCT
ajfa-6062	284	17	2011	2011	NUM
ajfa-6062	284	18	)	)	PUNCT
ajfa-6062	284	19	.	.	PUNCT
ajfa-6062	285	1	stock	stock	NOUN
ajfa-6062	285	2	price	price	NOUN
ajfa-6062	285	3	synchronicity	synchronicity	NOUN
ajfa-6062	285	4	and	and	CCONJ
ajfa-6062	285	5	public	public	ADJ
ajfa-6062	285	6	firm	firm	ADJ
ajfa-6062	285	7	-	-	PUNCT
ajfa-6062	285	8	specific	specific	ADJ
ajfa-6062	285	9	information	information	NOUN
ajfa-6062	285	10	.	.	PUNCT
ajfa-6062	286	1	journal	journal	NOUN
ajfa-6062	286	2	of	of	ADP
ajfa-6062	286	3	financial	financial	ADJ
ajfa-6062	286	4	markets	market	NOUN
ajfa-6062	286	5	,	,	PUNCT
ajfa-6062	286	6	14(2	14(2	NUM
ajfa-6062	286	7	)	)	PUNCT
ajfa-6062	286	8	,	,	PUNCT
ajfa-6062	286	9	259	259	NUM
ajfa-6062	286	10	-	-	SYM
ajfa-6062	286	11	276	276	NUM
ajfa-6062	286	12	.	.	PUNCT
ajfa-6062	287	1	http://dx.doi.org/10.1016/j.finmar.2010.10.001	http://dx.doi.org/10.1016/j.finmar.2010.10.001	PROPN
ajfa-6062	287	2	copyright	copyright	NOUN
ajfa-6062	287	3	disclaimer	disclaimer	NOUN
ajfa-6062	287	4	copyright	copyright	NOUN
ajfa-6062	287	5	reserved	reserve	VERB
ajfa-6062	287	6	by	by	ADP
ajfa-6062	287	7	the	the	DET
ajfa-6062	287	8	author	author	NOUN
ajfa-6062	287	9	.	.	PUNCT
ajfa-6062	288	1	this	this	DET
ajfa-6062	288	2	article	article	NOUN
ajfa-6062	288	3	is	be	AUX
ajfa-6062	288	4	an	an	DET
ajfa-6062	288	5	open	open	ADJ
ajfa-6062	288	6	-	-	PUNCT
ajfa-6062	288	7	access	access	NOUN
ajfa-6062	288	8	article	article	NOUN
ajfa-6062	288	9	distributed	distribute	VERB
ajfa-6062	288	10	under	under	ADP
ajfa-6062	288	11	the	the	DET
ajfa-6062	288	12	terms	term	NOUN
ajfa-6062	288	13	and	and	CCONJ
ajfa-6062	288	14	conditions	condition	NOUN
ajfa-6062	288	15	of	of	ADP
ajfa-6062	288	16	the	the	DET
ajfa-6062	288	17	creative	creative	ADJ
ajfa-6062	288	18	commons	common	NOUN
ajfa-6062	288	19	attribution	attribution	NOUN
ajfa-6062	288	20	license	license	NOUN
ajfa-6062	288	21	(	(	PUNCT
ajfa-6062	288	22	http://creativecommons.org/licenses/by/3.0/	http://creativecommons.org/licenses/by/3.0/	PROPN
ajfa-6062	288	23	)	)	PUNCT
ajfa-6062	288	24	.	.	PUNCT