id	sid	tid	token	lemma	pos
ajfa-7598	1	1	microsoft	microsoft	PROPN
ajfa-7598	1	2	word	word	NOUN
ajfa-7598	1	3	7598	7598	NUM
ajfa-7598	1	4	-	-	SYM
ajfa-7598	1	5	27226	27226	NUM
ajfa-7598	1	6	-	-	PUNCT
ajfa-7598	1	7	1	1	NUM
ajfa-7598	1	8	-	-	PUNCT
ajfa-7598	1	9	sm	sm	NOUN
ajfa-7598	1	10	-	-	PUNCT
ajfa-7598	1	11	writer2	writer2	VERB
ajfa-7598	1	12	-	-	ADJ
ajfa-7598	1	13	new	new	ADJ
ajfa-7598	1	14	asian	asian	ADJ
ajfa-7598	1	15	journal	journal	NOUN
ajfa-7598	1	16	of	of	ADP
ajfa-7598	1	17	finance	finance	PROPN
ajfa-7598	1	18	&	&	CCONJ
ajfa-7598	1	19	accounting	accounting	PROPN
ajfa-7598	1	20	issn	issn	PROPN
ajfa-7598	1	21	1946	1946	NUM
ajfa-7598	1	22	-	-	PUNCT
ajfa-7598	1	23	052x	052x	NOUN
ajfa-7598	1	24	2015	2015	NUM
ajfa-7598	1	25	,	,	PUNCT
ajfa-7598	1	26	vol	vol	NOUN
ajfa-7598	1	27	.	.	PROPN
ajfa-7598	1	28	7	7	NUM
ajfa-7598	1	29	,	,	PUNCT
ajfa-7598	1	30	no	no	INTJ
ajfa-7598	1	31	.	.	NOUN
ajfa-7598	1	32	1	1	NUM
ajfa-7598	1	33	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-7598	1	34	230	230	NUM
ajfa-7598	1	35	exploring	explore	VERB
ajfa-7598	1	36	the	the	DET
ajfa-7598	1	37	relationship	relationship	NOUN
ajfa-7598	1	38	between	between	ADP
ajfa-7598	1	39	market	market	NOUN
ajfa-7598	1	40	value	value	NOUN
ajfa-7598	1	41	and	and	CCONJ
ajfa-7598	1	42	accounting	accounting	NOUN
ajfa-7598	1	43	numbers	number	NOUN
ajfa-7598	1	44	of	of	ADP
ajfa-7598	1	45	firms	firm	NOUN
ajfa-7598	1	46	in	in	ADP
ajfa-7598	1	47	pakistan	pakistan	PROPN
ajfa-7598	1	48	salmanriaz	salmanriaz	PROPN
ajfa-7598	1	49	(	(	PUNCT
ajfa-7598	1	50	corresponding	corresponding	ADJ
ajfa-7598	1	51	author	author	NOUN
ajfa-7598	1	52	)	)	PUNCT
ajfa-7598	1	53	phd	phd	NOUN
ajfa-7598	1	54	scholar	scholar	NOUN
ajfa-7598	1	55	,	,	PUNCT
ajfa-7598	1	56	xidian	xidian	PROPN
ajfa-7598	1	57	university	university	PROPN
ajfa-7598	1	58	po	po	PROPN
ajfa-7598	1	59	.	.	PROPN
ajfa-7598	1	60	box	box	PROPN
ajfa-7598	1	61	338	338	NUM
ajfa-7598	2	1	no	no	NOUN
ajfa-7598	2	2	.	.	NOUN
ajfa-7598	2	3	2	2	NUM
ajfa-7598	2	4	,	,	PUNCT
ajfa-7598	2	5	south	south	PROPN
ajfa-7598	2	6	taibai	taibai	PROPN
ajfa-7598	2	7	road	road	PROPN
ajfa-7598	2	8	,	,	PUNCT
ajfa-7598	2	9	xi’an	xi’an	PROPN
ajfa-7598	2	10	710071	710071	NUM
ajfa-7598	2	11	,	,	PUNCT
ajfa-7598	2	12	china	china	PROPN
ajfa-7598	2	13	e	e	PROPN
ajfa-7598	2	14	-	-	NOUN
ajfa-7598	2	15	mail	mail	NOUN
ajfa-7598	2	16	:	:	PUNCT
ajfa-7598	3	1	grtslmn@hotmail.com	grtslmn@hotmail.com	X
ajfa-7598	3	2	yanping	yanpe	VERB
ajfa-7598	3	3	liu	liu	PROPN
ajfa-7598	3	4	professor	professor	PROPN
ajfa-7598	3	5	of	of	ADP
ajfa-7598	3	6	finance	finance	NOUN
ajfa-7598	3	7	,	,	PUNCT
ajfa-7598	3	8	chief	chief	ADJ
ajfa-7598	3	9	financial	financial	ADJ
ajfa-7598	3	10	officer	officer	NOUN
ajfa-7598	3	11	,	,	PUNCT
ajfa-7598	3	12	xidian	xidian	PROPN
ajfa-7598	3	13	university	university	PROPN
ajfa-7598	3	14	po	po	PROPN
ajfa-7598	3	15	.	.	PROPN
ajfa-7598	3	16	box	box	PROPN
ajfa-7598	3	17	338	338	NUM
ajfa-7598	3	18	no	no	NOUN
ajfa-7598	3	19	.	.	NOUN
ajfa-7598	3	20	2	2	NUM
ajfa-7598	3	21	,	,	PUNCT
ajfa-7598	3	22	south	south	PROPN
ajfa-7598	3	23	taibai	taibai	PROPN
ajfa-7598	3	24	road	road	PROPN
ajfa-7598	3	25	,	,	PUNCT
ajfa-7598	3	26	xi’an	xi’an	PROPN
ajfa-7598	3	27	710071	710071	NUM
ajfa-7598	3	28	,	,	PUNCT
ajfa-7598	3	29	china	china	PROPN
ajfa-7598	3	30	e	e	PROPN
ajfa-7598	3	31	-	-	NOUN
ajfa-7598	3	32	mail	mail	NOUN
ajfa-7598	3	33	:	:	PUNCT
ajfa-7598	3	34	liuyp@xidian.edu.cn	liuyp@xidian.edu.cn	PROPN
ajfa-7598	3	35	sajjadhussain	sajjadhussain	NOUN
ajfa-7598	3	36	khan	khan	PROPN
ajfa-7598	3	37	school	school	NOUN
ajfa-7598	3	38	of	of	ADP
ajfa-7598	3	39	accountancy	accountancy	NOUN
ajfa-7598	3	40	and	and	CCONJ
ajfa-7598	3	41	finance	finance	NOUN
ajfa-7598	3	42	,	,	PUNCT
ajfa-7598	3	43	the	the	DET
ajfa-7598	3	44	university	university	NOUN
ajfa-7598	3	45	of	of	ADP
ajfa-7598	3	46	lahore	lahore	PROPN
ajfa-7598	3	47	1	1	NUM
ajfa-7598	3	48	km	km	NOUN
ajfa-7598	3	49	raiwind	raiwind	NOUN
ajfa-7598	3	50	road	road	NOUN
ajfa-7598	3	51	off	off	ADP
ajfa-7598	3	52	,	,	PUNCT
ajfa-7598	3	53	lahore	lahore	PROPN
ajfa-7598	3	54	pakistan	pakistan	PROPN
ajfa-7598	3	55	received	receive	VERB
ajfa-7598	3	56	:	:	PUNCT
ajfa-7598	3	57	may	may	AUX
ajfa-7598	3	58	3	3	NUM
ajfa-7598	3	59	,	,	PUNCT
ajfa-7598	3	60	2015	2015	NUM
ajfa-7598	3	61	accepted	accept	VERB
ajfa-7598	3	62	:	:	PUNCT
ajfa-7598	3	63	june	june	PROPN
ajfa-7598	3	64	14	14	NUM
ajfa-7598	3	65	,	,	PUNCT
ajfa-7598	3	66	2015	2015	NUM
ajfa-7598	3	67	published	publish	VERB
ajfa-7598	3	68	:	:	PUNCT
ajfa-7598	3	69	june	june	PROPN
ajfa-7598	3	70	14	14	NUM
ajfa-7598	3	71	,	,	PUNCT
ajfa-7598	3	72	2015	2015	NUM
ajfa-7598	3	73	doi:10.5296	doi:10.5296	NOUN
ajfa-7598	3	74	/	/	SYM
ajfa-7598	3	75	ajfa.v7i1.7598	ajfa.v7i1.7598	NUM
ajfa-7598	3	76	url	url	NOUN
ajfa-7598	3	77	:	:	PUNCT
ajfa-7598	3	78	http://dx.doi.org/10.5296/ajfa.v7i1.7598	http://dx.doi.org/10.5296/ajfa.v7i1.7598	X
ajfa-7598	3	79	abstract	abstract	NOUN
ajfa-7598	3	80	this	this	DET
ajfa-7598	3	81	study	study	NOUN
ajfa-7598	3	82	examines	examine	VERB
ajfa-7598	3	83	the	the	DET
ajfa-7598	3	84	relationship	relationship	NOUN
ajfa-7598	3	85	between	between	ADP
ajfa-7598	3	86	accounting	accounting	NOUN
ajfa-7598	3	87	numbers	number	NOUN
ajfa-7598	3	88	and	and	CCONJ
ajfa-7598	3	89	market	market	NOUN
ajfa-7598	3	90	prices	price	NOUN
ajfa-7598	3	91	for	for	ADP
ajfa-7598	3	92	the	the	DET
ajfa-7598	3	93	pakistani	pakistani	ADJ
ajfa-7598	3	94	cement	cement	NOUN
ajfa-7598	3	95	industry	industry	NOUN
ajfa-7598	3	96	.	.	PUNCT
ajfa-7598	4	1	the	the	DET
ajfa-7598	4	2	study	study	NOUN
ajfa-7598	4	3	covers	cover	VERB
ajfa-7598	4	4	a	a	DET
ajfa-7598	4	5	time	time	NOUN
ajfa-7598	4	6	span	span	NOUN
ajfa-7598	4	7	of	of	ADP
ajfa-7598	4	8	nine	nine	NUM
ajfa-7598	4	9	years	year	NOUN
ajfa-7598	4	10	from	from	ADP
ajfa-7598	4	11	2005	2005	NUM
ajfa-7598	4	12	-	-	SYM
ajfa-7598	4	13	2014	2014	NUM
ajfa-7598	4	14	.	.	PUNCT
ajfa-7598	5	1	we	we	PRON
ajfa-7598	5	2	study	study	VERB
ajfa-7598	5	3	the	the	DET
ajfa-7598	5	4	influence	influence	NOUN
ajfa-7598	5	5	of	of	ADP
ajfa-7598	5	6	book	book	NOUN
ajfa-7598	5	7	value	value	NOUN
ajfa-7598	5	8	of	of	ADP
ajfa-7598	5	9	share	share	NOUN
ajfa-7598	5	10	,	,	PUNCT
ajfa-7598	5	11	breakup	breakup	NOUN
ajfa-7598	5	12	value	value	NOUN
ajfa-7598	5	13	of	of	ADP
ajfa-7598	5	14	share	share	NOUN
ajfa-7598	5	15	,	,	PUNCT
ajfa-7598	5	16	earning	earn	VERB
ajfa-7598	5	17	per	per	ADP
ajfa-7598	5	18	share	share	NOUN
ajfa-7598	5	19	,	,	PUNCT
ajfa-7598	5	20	gearing	gear	VERB
ajfa-7598	5	21	ratio	ratio	NOUN
ajfa-7598	5	22	and	and	CCONJ
ajfa-7598	5	23	dividend	dividend	VERB
ajfa-7598	5	24	to	to	ADP
ajfa-7598	5	25	equity	equity	NOUN
ajfa-7598	5	26	ratio	ratio	NOUN
ajfa-7598	5	27	on	on	ADP
ajfa-7598	5	28	market	market	NOUN
ajfa-7598	5	29	value	value	NOUN
ajfa-7598	5	30	of	of	ADP
ajfa-7598	5	31	share	share	NOUN
ajfa-7598	5	32	.	.	PUNCT
ajfa-7598	6	1	after	after	ADP
ajfa-7598	6	2	applying	apply	VERB
ajfa-7598	6	3	different	different	ADJ
ajfa-7598	6	4	econometric	econometric	ADJ
ajfa-7598	6	5	techniques	technique	NOUN
ajfa-7598	6	6	we	we	PRON
ajfa-7598	6	7	found	find	VERB
ajfa-7598	6	8	that	that	DET
ajfa-7598	6	9	book	book	NOUN
ajfa-7598	6	10	value	value	NOUN
ajfa-7598	6	11	of	of	ADP
ajfa-7598	6	12	share	share	NOUN
ajfa-7598	6	13	and	and	CCONJ
ajfa-7598	6	14	earnings	earning	NOUN
ajfa-7598	6	15	per	per	ADP
ajfa-7598	6	16	share	share	NOUN
ajfa-7598	6	17	have	have	VERB
ajfa-7598	6	18	statistically	statistically	ADV
ajfa-7598	6	19	significant	significant	ADJ
ajfa-7598	6	20	influence	influence	NOUN
ajfa-7598	6	21	on	on	ADP
ajfa-7598	6	22	the	the	DET
ajfa-7598	6	23	market	market	NOUN
ajfa-7598	6	24	price	price	NOUN
ajfa-7598	6	25	of	of	ADP
ajfa-7598	6	26	share	share	NOUN
ajfa-7598	6	27	.	.	PUNCT
ajfa-7598	7	1	keywords	keyword	NOUN
ajfa-7598	7	2	:	:	PUNCT
ajfa-7598	7	3	market	market	NOUN
ajfa-7598	7	4	price	price	NOUN
ajfa-7598	7	5	per	per	ADP
ajfa-7598	7	6	share	share	NOUN
ajfa-7598	7	7	,	,	PUNCT
ajfa-7598	7	8	book	book	NOUN
ajfa-7598	7	9	value	value	NOUN
ajfa-7598	7	10	of	of	ADP
ajfa-7598	7	11	share	share	NOUN
ajfa-7598	7	12	,	,	PUNCT
ajfa-7598	7	13	gearing	gear	VERB
ajfa-7598	7	14	ratio	ratio	NOUN
ajfa-7598	7	15	and	and	CCONJ
ajfa-7598	7	16	earnings	earning	NOUN
ajfa-7598	7	17	per	per	ADP
ajfa-7598	7	18	share	share	NOUN
ajfa-7598	7	19	asian	asian	PROPN
ajfa-7598	7	20	journal	journal	PROPN
ajfa-7598	7	21	of	of	ADP
ajfa-7598	7	22	finance	finance	PROPN
ajfa-7598	7	23	&	&	CCONJ
ajfa-7598	7	24	accounting	accounting	PROPN
ajfa-7598	7	25	issn	issn	PROPN
ajfa-7598	7	26	1946	1946	NUM
ajfa-7598	7	27	-	-	PUNCT
ajfa-7598	7	28	052x	052x	NOUN
ajfa-7598	7	29	2015	2015	NUM
ajfa-7598	7	30	,	,	PUNCT
ajfa-7598	7	31	vol	vol	NOUN
ajfa-7598	7	32	.	.	PROPN
ajfa-7598	7	33	7	7	NUM
ajfa-7598	7	34	,	,	PUNCT
ajfa-7598	7	35	no	no	INTJ
ajfa-7598	7	36	.	.	NOUN
ajfa-7598	7	37	1	1	NUM
ajfa-7598	7	38	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-7598	7	39	231	231	NUM
ajfa-7598	7	40	1	1	NUM
ajfa-7598	7	41	.	.	PUNCT
ajfa-7598	8	1	introduction	introduction	NOUN
ajfa-7598	8	2	it	it	PRON
ajfa-7598	8	3	is	be	AUX
ajfa-7598	8	4	well	well	ADV
ajfa-7598	8	5	understood	understand	VERB
ajfa-7598	8	6	among	among	ADP
ajfa-7598	8	7	the	the	DET
ajfa-7598	8	8	accounting	accounting	NOUN
ajfa-7598	8	9	professional	professional	NOUN
ajfa-7598	8	10	that	that	SCONJ
ajfa-7598	8	11	the	the	DET
ajfa-7598	8	12	main	main	ADJ
ajfa-7598	8	13	purpose	purpose	NOUN
ajfa-7598	8	14	of	of	ADP
ajfa-7598	8	15	the	the	DET
ajfa-7598	8	16	accounting	accounting	NOUN
ajfa-7598	8	17	is	be	AUX
ajfa-7598	8	18	to	to	PART
ajfa-7598	8	19	facilitate	facilitate	VERB
ajfa-7598	8	20	the	the	DET
ajfa-7598	8	21	decision	decision	NOUN
ajfa-7598	8	22	making	making	NOUN
ajfa-7598	8	23	.	.	PUNCT
ajfa-7598	9	1	the	the	DET
ajfa-7598	9	2	innovative	innovative	ADJ
ajfa-7598	9	3	work	work	NOUN
ajfa-7598	9	4	done	do	VERB
ajfa-7598	9	5	by	by	ADP
ajfa-7598	9	6	the	the	DET
ajfa-7598	9	7	ball	ball	NOUN
ajfa-7598	9	8	and	and	CCONJ
ajfa-7598	9	9	brown	brown	ADJ
ajfa-7598	9	10	(	(	PUNCT
ajfa-7598	9	11	1968	1968	NUM
ajfa-7598	9	12	)	)	PUNCT
ajfa-7598	9	13	highlighted	highlight	VERB
ajfa-7598	9	14	the	the	DET
ajfa-7598	9	15	role	role	NOUN
ajfa-7598	9	16	of	of	ADP
ajfa-7598	9	17	accounting	accounting	NOUN
ajfa-7598	9	18	information	information	NOUN
ajfa-7598	9	19	in	in	ADP
ajfa-7598	9	20	capital	capital	NOUN
ajfa-7598	9	21	markets	market	NOUN
ajfa-7598	9	22	.	.	PUNCT
ajfa-7598	10	1	this	this	PRON
ajfa-7598	10	2	is	be	AUX
ajfa-7598	10	3	now	now	ADV
ajfa-7598	10	4	very	very	ADV
ajfa-7598	10	5	important	important	ADJ
ajfa-7598	10	6	research	research	NOUN
ajfa-7598	10	7	area	area	NOUN
ajfa-7598	10	8	in	in	ADP
ajfa-7598	10	9	accounting	account	VERB
ajfa-7598	10	10	literature.an	literature.an	NUM
ajfa-7598	10	11	essential	essential	ADJ
ajfa-7598	10	12	preference	preference	NOUN
ajfa-7598	10	13	of	of	ADP
ajfa-7598	10	14	this	this	DET
ajfa-7598	10	15	kind	kind	NOUN
ajfa-7598	10	16	of	of	ADP
ajfa-7598	10	17	research	research	NOUN
ajfa-7598	10	18	has	have	AUX
ajfa-7598	10	19	become	become	AUX
ajfa-7598	10	20	identified	identify	VERB
ajfa-7598	10	21	which	which	PRON
ajfa-7598	10	22	classify	classify	VERB
ajfa-7598	10	23	the	the	DET
ajfa-7598	10	24	value	value	NOUN
ajfa-7598	10	25	importance	importance	NOUN
ajfa-7598	10	26	of	of	ADP
ajfa-7598	10	27	accounting	accounting	NOUN
ajfa-7598	10	28	numbers	number	NOUN
ajfa-7598	10	29	,	,	PUNCT
ajfa-7598	10	30	financial	financial	ADJ
ajfa-7598	10	31	statements	statement	NOUN
ajfa-7598	10	32	are	be	AUX
ajfa-7598	10	33	generally	generally	ADV
ajfa-7598	10	34	used	use	VERB
ajfa-7598	10	35	by	by	ADP
ajfa-7598	10	36	stakeholders	stakeholder	NOUN
ajfa-7598	10	37	to	to	PART
ajfa-7598	10	38	judge	judge	VERB
ajfa-7598	10	39	the	the	DET
ajfa-7598	10	40	economic	economic	ADJ
ajfa-7598	10	41	worth	worth	NOUN
ajfa-7598	10	42	of	of	ADP
ajfa-7598	10	43	firms	firm	NOUN
ajfa-7598	10	44	on	on	ADP
ajfa-7598	10	45	the	the	DET
ajfa-7598	10	46	assumption	assumption	NOUN
ajfa-7598	10	47	that	that	SCONJ
ajfa-7598	10	48	accounting	accounting	NOUN
ajfa-7598	10	49	number	number	NOUN
ajfa-7598	10	50	have	have	AUX
ajfa-7598	10	51	a	a	DET
ajfa-7598	10	52	assured	assure	VERB
ajfa-7598	10	53	relationship	relationship	NOUN
ajfa-7598	10	54	with	with	ADP
ajfa-7598	10	55	the	the	DET
ajfa-7598	10	56	equity	equity	NOUN
ajfa-7598	10	57	market	market	NOUN
ajfa-7598	10	58	value	value	NOUN
ajfa-7598	10	59	.	.	PUNCT
ajfa-7598	11	1	the	the	DET
ajfa-7598	11	2	study	study	NOUN
ajfa-7598	11	3	does	do	AUX
ajfa-7598	11	4	not	not	PART
ajfa-7598	11	5	assume	assume	VERB
ajfa-7598	11	6	that	that	SCONJ
ajfa-7598	11	7	shareholder	shareholder	NOUN
ajfa-7598	11	8	use	use	VERB
ajfa-7598	11	9	only	only	ADV
ajfa-7598	11	10	accounting	account	VERB
ajfa-7598	11	11	data	datum	NOUN
ajfa-7598	11	12	in	in	ADP
ajfa-7598	11	13	their	their	PRON
ajfa-7598	11	14	savings	saving	NOUN
ajfa-7598	11	15	options	option	NOUN
ajfa-7598	11	16	.	.	PUNCT
ajfa-7598	12	1	they	they	PRON
ajfa-7598	12	2	suppose	suppose	VERB
ajfa-7598	12	3	that	that	SCONJ
ajfa-7598	12	4	if	if	SCONJ
ajfa-7598	12	5	accounting	accounting	NOUN
ajfa-7598	12	6	information	information	NOUN
ajfa-7598	12	7	is	be	AUX
ajfa-7598	12	8	excellent	excellent	ADJ
ajfa-7598	12	9	summary	summary	NOUN
ajfa-7598	12	10	that	that	PRON
ajfa-7598	12	11	evaluates	evaluate	VERB
ajfa-7598	12	12	of	of	ADP
ajfa-7598	12	13	the	the	DET
ajfa-7598	12	14	dealings	dealing	NOUN
ajfa-7598	12	15	included	include	VERB
ajfa-7598	12	16	in	in	ADP
ajfa-7598	12	17	security	security	NOUN
ajfa-7598	12	18	prices	price	NOUN
ajfa-7598	12	19	,	,	PUNCT
ajfa-7598	12	20	after	after	ADP
ajfa-7598	12	21	that	that	SCONJ
ajfa-7598	12	22	they	they	PRON
ajfa-7598	12	23	were	be	AUX
ajfa-7598	12	24	value	value	NOUN
ajfa-7598	12	25	related	relate	VERB
ajfa-7598	12	26	because	because	SCONJ
ajfa-7598	12	27	their	their	PRON
ajfa-7598	12	28	exercise	exercise	NOUN
ajfa-7598	12	29	might	might	AUX
ajfa-7598	12	30	give	give	VERB
ajfa-7598	12	31	a	a	DET
ajfa-7598	12	32	value	value	NOUN
ajfa-7598	12	33	of	of	ADP
ajfa-7598	12	34	the	the	DET
ajfa-7598	12	35	firm	firm	NOUN
ajfa-7598	12	36	that	that	PRON
ajfa-7598	12	37	is	be	AUX
ajfa-7598	12	38	close	close	ADJ
ajfa-7598	12	39	to	to	ADP
ajfa-7598	12	40	its	its	PRON
ajfa-7598	12	41	market	market	NOUN
ajfa-7598	12	42	value	value	NOUN
ajfa-7598	12	43	.	.	PUNCT
ajfa-7598	13	1	thus	thus	ADV
ajfa-7598	13	2	association	association	NOUN
ajfa-7598	13	3	of	of	ADP
ajfa-7598	13	4	this	this	DET
ajfa-7598	13	5	studies	study	NOUN
ajfa-7598	13	6	test	test	VERB
ajfa-7598	13	7	whether	whether	SCONJ
ajfa-7598	13	8	accounting	accounting	NOUN
ajfa-7598	13	9	numbers	number	NOUN
ajfa-7598	13	10	provide	provide	VERB
ajfa-7598	13	11	a	a	DET
ajfa-7598	13	12	good	good	ADJ
ajfa-7598	13	13	summary	summary	NOUN
ajfa-7598	13	14	measure	measure	NOUN
ajfa-7598	13	15	of	of	ADP
ajfa-7598	13	16	the	the	DET
ajfa-7598	13	17	value	value	NOUN
ajfa-7598	13	18	relevant	relevant	ADJ
ajfa-7598	13	19	events	event	NOUN
ajfa-7598	13	20	that	that	PRON
ajfa-7598	13	21	have	have	AUX
ajfa-7598	13	22	been	be	AUX
ajfa-7598	13	23	incorporated	incorporate	VERB
ajfa-7598	13	24	in	in	ADP
ajfa-7598	13	25	stock	stock	NOUN
ajfa-7598	13	26	prices	price	NOUN
ajfa-7598	13	27	during	during	ADP
ajfa-7598	13	28	the	the	DET
ajfa-7598	13	29	reporting	reporting	NOUN
ajfa-7598	13	30	period	period	NOUN
ajfa-7598	13	31	.	.	PUNCT
ajfa-7598	14	1	this	this	DET
ajfa-7598	14	2	area	area	NOUN
ajfa-7598	14	3	is	be	AUX
ajfa-7598	14	4	very	very	ADV
ajfa-7598	14	5	important	important	ADJ
ajfa-7598	14	6	with	with	ADP
ajfa-7598	14	7	regard	regard	NOUN
ajfa-7598	14	8	to	to	ADP
ajfa-7598	14	9	capital	capital	NOUN
ajfa-7598	14	10	markets	market	NOUN
ajfa-7598	14	11	because	because	SCONJ
ajfa-7598	14	12	accounting	account	VERB
ajfa-7598	14	13	information	information	NOUN
ajfa-7598	14	14	is	be	AUX
ajfa-7598	14	15	thought	think	VERB
ajfa-7598	14	16	to	to	PART
ajfa-7598	14	17	facilitate	facilitate	VERB
ajfa-7598	14	18	the	the	DET
ajfa-7598	14	19	prediction	prediction	NOUN
ajfa-7598	14	20	of	of	ADP
ajfa-7598	14	21	firm	firm	NOUN
ajfa-7598	14	22	’s	’s	PART
ajfa-7598	14	23	future	future	ADJ
ajfa-7598	14	24	cash	cash	NOUN
ajfa-7598	14	25	flows	flow	NOUN
ajfa-7598	14	26	and	and	CCONJ
ajfa-7598	14	27	to	to	PART
ajfa-7598	14	28	help	help	VERB
ajfa-7598	14	29	investors	investor	NOUN
ajfa-7598	14	30	predict	predict	VERB
ajfa-7598	14	31	the	the	DET
ajfa-7598	14	32	future	future	ADJ
ajfa-7598	14	33	security	security	NOUN
ajfa-7598	14	34	’s	’s	PART
ajfa-7598	14	35	risk	risk	NOUN
ajfa-7598	14	36	and	and	CCONJ
ajfa-7598	14	37	returns	return	NOUN
ajfa-7598	14	38	.	.	PUNCT
ajfa-7598	15	1	this	this	PRON
ajfa-7598	15	2	is	be	AUX
ajfa-7598	15	3	the	the	DET
ajfa-7598	15	4	reason	reason	NOUN
ajfa-7598	15	5	a	a	DET
ajfa-7598	15	6	huge	huge	ADJ
ajfa-7598	15	7	body	body	NOUN
ajfa-7598	15	8	of	of	ADP
ajfa-7598	15	9	literature	literature	NOUN
ajfa-7598	15	10	grown	grow	VERB
ajfa-7598	15	11	up	up	ADP
ajfa-7598	15	12	in	in	ADP
ajfa-7598	15	13	last	last	ADJ
ajfa-7598	15	14	three	three	NUM
ajfa-7598	15	15	decades	decade	NOUN
ajfa-7598	15	16	as	as	ADP
ajfa-7598	15	17	(	(	PUNCT
ajfa-7598	15	18	kothari	kothari	PROPN
ajfa-7598	15	19	,	,	PUNCT
ajfa-7598	15	20	2003	2003	NUM
ajfa-7598	15	21	;	;	PUNCT
ajfa-7598	15	22	richard	richard	PROPN
ajfa-7598	15	23	&	&	CCONJ
ajfa-7598	15	24	tinaikar	tinaikar	PROPN
ajfa-7598	15	25	,	,	PUNCT
ajfa-7598	15	26	2003	2003	NUM
ajfa-7598	15	27	)	)	PUNCT
ajfa-7598	15	28	.	.	PUNCT
ajfa-7598	16	1	there	there	PRON
ajfa-7598	16	2	are	be	VERB
ajfa-7598	16	3	three	three	NUM
ajfa-7598	16	4	approaches	approach	NOUN
ajfa-7598	16	5	(	(	PUNCT
ajfa-7598	16	6	industry	industry	NOUN
ajfa-7598	16	7	,	,	PUNCT
ajfa-7598	16	8	finance	finance	NOUN
ajfa-7598	16	9	and	and	CCONJ
ajfa-7598	16	10	accounting	accounting	NOUN
ajfa-7598	16	11	and	and	CCONJ
ajfa-7598	16	12	capital	capital	NOUN
ajfa-7598	16	13	market	market	NOUN
ajfa-7598	16	14	research	research	NOUN
ajfa-7598	16	15	)	)	PUNCT
ajfa-7598	16	16	theory	theory	NOUN
ajfa-7598	16	17	and	and	CCONJ
ajfa-7598	16	18	are	be	AUX
ajfa-7598	16	19	available	available	ADJ
ajfa-7598	16	20	in	in	ADP
ajfa-7598	16	21	the	the	DET
ajfa-7598	16	22	existing	exist	VERB
ajfa-7598	16	23	literature	literature	NOUN
ajfa-7598	16	24	to	to	PART
ajfa-7598	16	25	value	value	VERB
ajfa-7598	16	26	a	a	DET
ajfa-7598	16	27	firm	firm	NOUN
ajfa-7598	16	28	.	.	PUNCT
ajfa-7598	17	1	in	in	ADP
ajfa-7598	17	2	literature	literature	NOUN
ajfa-7598	17	3	there	there	PRON
ajfa-7598	17	4	are	be	VERB
ajfa-7598	17	5	few	few	ADJ
ajfa-7598	17	6	studies	study	NOUN
ajfa-7598	17	7	available	available	ADJ
ajfa-7598	17	8	on	on	ADP
ajfa-7598	17	9	the	the	DET
ajfa-7598	17	10	financial	financial	ADJ
ajfa-7598	17	11	analyst	analyst	NOUN
ajfa-7598	17	12	approach	approach	NOUN
ajfa-7598	17	13	because	because	SCONJ
ajfa-7598	17	14	of	of	ADP
ajfa-7598	17	15	the	the	DET
ajfa-7598	17	16	proprietary	proprietary	ADJ
ajfa-7598	17	17	nature	nature	NOUN
ajfa-7598	17	18	of	of	ADP
ajfa-7598	17	19	the	the	DET
ajfa-7598	17	20	information	information	NOUN
ajfa-7598	17	21	.	.	PUNCT
ajfa-7598	18	1	on	on	ADP
ajfa-7598	18	2	the	the	DET
ajfa-7598	18	3	other	other	ADJ
ajfa-7598	18	4	hand	hand	NOUN
ajfa-7598	18	5	finance	finance	NOUN
ajfa-7598	18	6	and	and	CCONJ
ajfa-7598	18	7	accounting	accounting	NOUN
ajfa-7598	18	8	theory	theory	NOUN
ajfa-7598	18	9	has	have	AUX
ajfa-7598	18	10	been	be	AUX
ajfa-7598	18	11	widely	widely	ADV
ajfa-7598	18	12	examined	examine	VERB
ajfa-7598	18	13	in	in	ADP
ajfa-7598	18	14	the	the	DET
ajfa-7598	18	15	empirical	empirical	ADJ
ajfa-7598	18	16	literature	literature	NOUN
ajfa-7598	18	17	.	.	PUNCT
ajfa-7598	19	1	this	this	DET
ajfa-7598	19	2	approach	approach	NOUN
ajfa-7598	19	3	value	value	VERB
ajfa-7598	19	4	a	a	DET
ajfa-7598	19	5	firm	firm	NOUN
ajfa-7598	19	6	as	as	ADP
ajfa-7598	19	7	the	the	DET
ajfa-7598	19	8	present	present	ADJ
ajfa-7598	19	9	value	value	NOUN
ajfa-7598	19	10	of	of	ADP
ajfa-7598	19	11	the	the	DET
ajfa-7598	19	12	expected	expect	VERB
ajfa-7598	19	13	dividends.ohlson	dividends.ohlson	NOUN
ajfa-7598	19	14	(	(	PUNCT
ajfa-7598	19	15	1995	1995	NUM
ajfa-7598	19	16	)	)	PUNCT
ajfa-7598	19	17	suggested	suggest	VERB
ajfa-7598	19	18	theoretical	theoretical	ADJ
ajfa-7598	19	19	structure	structure	NOUN
ajfa-7598	19	20	on	on	ADP
ajfa-7598	19	21	the	the	DET
ajfa-7598	19	22	relationship	relationship	NOUN
ajfa-7598	19	23	between	between	ADP
ajfa-7598	19	24	the	the	DET
ajfa-7598	19	25	market	market	NOUN
ajfa-7598	19	26	value	value	NOUN
ajfa-7598	19	27	of	of	ADP
ajfa-7598	19	28	common	common	ADJ
ajfa-7598	19	29	equity	equity	NOUN
ajfa-7598	19	30	and	and	CCONJ
ajfa-7598	19	31	accounting	accounting	NOUN
ajfa-7598	19	32	variables	variable	NOUN
ajfa-7598	19	33	.	.	PUNCT
ajfa-7598	20	1	this	this	DET
ajfa-7598	20	2	paper	paper	NOUN
ajfa-7598	20	3	has	have	AUX
ajfa-7598	20	4	been	be	AUX
ajfa-7598	20	5	followed	follow	VERB
ajfa-7598	20	6	by	by	ADP
ajfa-7598	20	7	many	many	ADJ
ajfa-7598	20	8	researchers	researcher	NOUN
ajfa-7598	20	9	who	who	PRON
ajfa-7598	20	10	re	re	VERB
ajfa-7598	20	11	-	-	VERB
ajfa-7598	20	12	examined	examine	VERB
ajfa-7598	20	13	the	the	DET
ajfa-7598	20	14	relationship	relationship	NOUN
ajfa-7598	20	15	between	between	ADP
ajfa-7598	20	16	firm	firm	ADJ
ajfa-7598	20	17	value	value	NOUN
ajfa-7598	20	18	and	and	CCONJ
ajfa-7598	20	19	accounting	accounting	NOUN
ajfa-7598	20	20	numbers	number	NOUN
ajfa-7598	20	21	using	use	VERB
ajfa-7598	20	22	fundamental	fundamental	ADJ
ajfa-7598	20	23	analysis	analysis	NOUN
ajfa-7598	20	24	.	.	PUNCT
ajfa-7598	21	1	bar	bar	NOUN
ajfa-7598	21	2	-	-	PUNCT
ajfa-7598	21	3	yousef	yousef	PROPN
ajfa-7598	21	4	et	et	PROPN
ajfa-7598	21	5	al	al	PROPN
ajfa-7598	21	6	.	.	PROPN
ajfa-7598	22	1	(	(	PUNCT
ajfa-7598	22	2	1996	1996	NUM
ajfa-7598	22	3	)	)	PUNCT
ajfa-7598	22	4	conducted	conduct	VERB
ajfa-7598	22	5	the	the	DET
ajfa-7598	22	6	first	first	ADJ
ajfa-7598	22	7	empirical	empirical	ADJ
ajfa-7598	22	8	study	study	NOUN
ajfa-7598	22	9	to	to	PART
ajfa-7598	22	10	examine	examine	VERB
ajfa-7598	22	11	the	the	DET
ajfa-7598	22	12	time	time	NOUN
ajfa-7598	22	13	series	series	PROPN
ajfa-7598	22	14	relationship	relationship	NOUN
ajfa-7598	22	15	between	between	ADP
ajfa-7598	22	16	market	market	NOUN
ajfa-7598	22	17	value	value	NOUN
ajfa-7598	22	18	,	,	PUNCT
ajfa-7598	22	19	dividends	dividend	NOUN
ajfa-7598	22	20	,	,	PUNCT
ajfa-7598	22	21	earnings	earning	NOUN
ajfa-7598	22	22	and	and	CCONJ
ajfa-7598	22	23	book	book	NOUN
ajfa-7598	22	24	value	value	NOUN
ajfa-7598	22	25	.	.	PUNCT
ajfa-7598	23	1	presently	presently	ADV
ajfa-7598	23	2	a	a	DET
ajfa-7598	23	3	number	number	NOUN
ajfa-7598	23	4	of	of	ADP
ajfa-7598	23	5	studies	study	NOUN
ajfa-7598	23	6	have	have	AUX
ajfa-7598	23	7	adopted	adopt	VERB
ajfa-7598	23	8	ohlson	ohlson	NOUN
ajfa-7598	23	9	model	model	NOUN
ajfa-7598	23	10	(	(	PUNCT
ajfa-7598	23	11	ahmed	ahmed	PROPN
ajfa-7598	23	12	et	et	PROPN
ajfa-7598	23	13	al	al	PROPN
ajfa-7598	23	14	,	,	PUNCT
ajfa-7598	23	15	2000	2000	NUM
ajfa-7598	23	16	;	;	PUNCT
ajfa-7598	23	17	ballester	ballester	PROPN
ajfa-7598	23	18	et	et	PROPN
ajfa-7598	23	19	al	al	PROPN
ajfa-7598	23	20	,	,	PUNCT
ajfa-7598	23	21	1999	1999	NUM
ajfa-7598	23	22	;	;	PUNCT
ajfa-7598	23	23	callen	callen	PROPN
ajfa-7598	23	24	&	&	CCONJ
ajfa-7598	23	25	morel	morel	PROPN
ajfa-7598	23	26	,	,	PUNCT
ajfa-7598	23	27	2000	2000	NUM
ajfa-7598	23	28	;	;	PUNCT
ajfa-7598	23	29	lee	lee	PROPN
ajfa-7598	23	30	et	et	PROPN
ajfa-7598	23	31	al	al	PROPN
ajfa-7598	23	32	,	,	PUNCT
ajfa-7598	23	33	1999	1999	NUM
ajfa-7598	23	34	and	and	CCONJ
ajfa-7598	23	35	morl	morl	PROPN
ajfa-7598	23	36	,	,	PUNCT
ajfa-7598	23	37	1999	1999	NUM
ajfa-7598	23	38	)	)	PUNCT
ajfa-7598	23	39	.	.	PUNCT
ajfa-7598	24	1	the	the	DET
ajfa-7598	24	2	motivation	motivation	NOUN
ajfa-7598	24	3	of	of	ADP
ajfa-7598	24	4	this	this	DET
ajfa-7598	24	5	study	study	NOUN
ajfa-7598	24	6	is	be	AUX
ajfa-7598	24	7	to	to	PART
ajfa-7598	24	8	enhance	enhance	VERB
ajfa-7598	24	9	the	the	DET
ajfa-7598	24	10	understanding	understanding	NOUN
ajfa-7598	24	11	of	of	ADP
ajfa-7598	24	12	the	the	DET
ajfa-7598	24	13	relationship	relationship	NOUN
ajfa-7598	24	14	between	between	ADP
ajfa-7598	24	15	market	market	NOUN
ajfa-7598	24	16	and	and	CCONJ
ajfa-7598	24	17	accounting	accounting	NOUN
ajfa-7598	24	18	values	value	NOUN
ajfa-7598	24	19	in	in	ADP
ajfa-7598	24	20	the	the	DET
ajfa-7598	24	21	context	context	NOUN
ajfa-7598	24	22	of	of	ADP
ajfa-7598	24	23	pakistan	pakistan	PROPN
ajfa-7598	24	24	capital	capital	NOUN
ajfa-7598	24	25	markets	market	NOUN
ajfa-7598	24	26	.	.	PUNCT
ajfa-7598	25	1	given	give	VERB
ajfa-7598	25	2	the	the	DET
ajfa-7598	25	3	inconclusive	inconclusive	ADJ
ajfa-7598	25	4	regarding	regard	VERB
ajfa-7598	25	5	the	the	DET
ajfa-7598	25	6	relationship	relationship	NOUN
ajfa-7598	25	7	between	between	ADP
ajfa-7598	25	8	market	market	NOUN
ajfa-7598	25	9	and	and	CCONJ
ajfa-7598	25	10	book	book	NOUN
ajfa-7598	25	11	values	value	NOUN
ajfa-7598	25	12	,	,	PUNCT
ajfa-7598	25	13	it	it	PRON
ajfa-7598	25	14	is	be	AUX
ajfa-7598	25	15	an	an	DET
ajfa-7598	25	16	open	open	ADJ
ajfa-7598	25	17	question	question	NOUN
ajfa-7598	25	18	as	as	ADP
ajfa-7598	25	19	to	to	ADP
ajfa-7598	25	20	whether	whether	SCONJ
ajfa-7598	25	21	the	the	DET
ajfa-7598	25	22	disclosure	disclosure	NOUN
ajfa-7598	25	23	of	of	ADP
ajfa-7598	25	24	accounting	accounting	NOUN
ajfa-7598	25	25	information	information	NOUN
ajfa-7598	25	26	affects	affect	VERB
ajfa-7598	25	27	share	share	NOUN
ajfa-7598	25	28	price	price	NOUN
ajfa-7598	25	29	or	or	CCONJ
ajfa-7598	25	30	whether	whether	SCONJ
ajfa-7598	25	31	it	it	PRON
ajfa-7598	25	32	is	be	AUX
ajfa-7598	25	33	irrelevant	irrelevant	ADJ
ajfa-7598	25	34	to	to	ADP
ajfa-7598	25	35	the	the	DET
ajfa-7598	25	36	behavior	behavior	NOUN
ajfa-7598	25	37	of	of	ADP
ajfa-7598	25	38	stock	stock	NOUN
ajfa-7598	25	39	prices	price	NOUN
ajfa-7598	25	40	.the	.the	PRON
ajfa-7598	25	41	main	main	ADJ
ajfa-7598	25	42	research	research	NOUN
ajfa-7598	25	43	question	question	NOUN
ajfa-7598	25	44	is	be	AUX
ajfa-7598	25	45	at	at	ADP
ajfa-7598	25	46	the	the	DET
ajfa-7598	25	47	level	level	NOUN
ajfa-7598	25	48	of	of	ADP
ajfa-7598	25	49	firm	firm	NOUN
ajfa-7598	25	50	what	what	PRON
ajfa-7598	25	51	is	be	AUX
ajfa-7598	25	52	the	the	DET
ajfa-7598	25	53	relationship	relationship	NOUN
ajfa-7598	25	54	between	between	ADP
ajfa-7598	25	55	market	market	NOUN
ajfa-7598	25	56	value	value	NOUN
ajfa-7598	25	57	and	and	CCONJ
ajfa-7598	25	58	accounting	accounting	NOUN
ajfa-7598	25	59	numbers	number	NOUN
ajfa-7598	25	60	based	base	VERB
ajfa-7598	25	61	on	on	ADP
ajfa-7598	25	62	the	the	DET
ajfa-7598	25	63	information	information	NOUN
ajfa-7598	25	64	drawn	draw	VERB
ajfa-7598	25	65	from	from	ADP
ajfa-7598	25	66	cement	cement	NOUN
ajfa-7598	25	67	sectors	sector	NOUN
ajfa-7598	25	68	firms	firm	NOUN
ajfa-7598	25	69	listed	list	VERB
ajfa-7598	25	70	onkarachi	onkarachi	ADJ
ajfa-7598	25	71	stock	stock	NOUN
ajfa-7598	25	72	exchange	exchange	PROPN
ajfa-7598	25	73	of	of	ADP
ajfa-7598	25	74	pakistan	pakistan	PROPN
ajfa-7598	25	75	.	.	PUNCT
ajfa-7598	26	1	asian	asian	ADJ
ajfa-7598	26	2	journal	journal	PROPN
ajfa-7598	26	3	of	of	ADP
ajfa-7598	26	4	finance	finance	PROPN
ajfa-7598	26	5	&	&	CCONJ
ajfa-7598	26	6	accounting	accounting	PROPN
ajfa-7598	26	7	issn	issn	PROPN
ajfa-7598	26	8	1946	1946	NUM
ajfa-7598	26	9	-	-	PUNCT
ajfa-7598	26	10	052x	052x	NOUN
ajfa-7598	26	11	2015	2015	NUM
ajfa-7598	26	12	,	,	PUNCT
ajfa-7598	26	13	vol	vol	NOUN
ajfa-7598	26	14	.	.	PROPN
ajfa-7598	26	15	7	7	NUM
ajfa-7598	26	16	,	,	PUNCT
ajfa-7598	26	17	no	no	INTJ
ajfa-7598	26	18	.	.	NOUN
ajfa-7598	26	19	1	1	NUM
ajfa-7598	26	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-7598	26	21	232	232	NUM
ajfa-7598	26	22	the	the	DET
ajfa-7598	26	23	study	study	NOUN
ajfa-7598	26	24	investigates	investigate	VERB
ajfa-7598	26	25	this	this	DET
ajfa-7598	26	26	question	question	NOUN
ajfa-7598	26	27	through	through	ADP
ajfa-7598	26	28	an	an	DET
ajfa-7598	26	29	examination	examination	NOUN
ajfa-7598	26	30	collected	collect	VERB
ajfa-7598	26	31	from	from	ADP
ajfa-7598	26	32	a	a	DET
ajfa-7598	26	33	variety	variety	NOUN
ajfa-7598	26	34	of	of	ADP
ajfa-7598	26	35	resources	resource	NOUN
ajfa-7598	26	36	.	.	PUNCT
ajfa-7598	27	1	cement	cement	NOUN
ajfa-7598	27	2	industry	industry	NOUN
ajfa-7598	27	3	is	be	AUX
ajfa-7598	27	4	a	a	DET
ajfa-7598	27	5	major	major	ADJ
ajfa-7598	27	6	indicator	indicator	NOUN
ajfa-7598	27	7	of	of	ADP
ajfa-7598	27	8	economic	economic	ADJ
ajfa-7598	27	9	growth	growth	NOUN
ajfa-7598	27	10	and	and	CCONJ
ajfa-7598	27	11	revival	revival	NOUN
ajfa-7598	27	12	of	of	ADP
ajfa-7598	27	13	any	any	DET
ajfa-7598	27	14	country	country	NOUN
ajfa-7598	27	15	.	.	PUNCT
ajfa-7598	28	1	this	this	DET
ajfa-7598	28	2	industry	industry	NOUN
ajfa-7598	28	3	gives	give	VERB
ajfa-7598	28	4	the	the	DET
ajfa-7598	28	5	growth	growth	NOUN
ajfa-7598	28	6	and	and	CCONJ
ajfa-7598	28	7	improvement	improvement	NOUN
ajfa-7598	28	8	of	of	ADP
ajfa-7598	28	9	infrastructure	infrastructure	NOUN
ajfa-7598	28	10	of	of	ADP
ajfa-7598	28	11	a	a	DET
ajfa-7598	28	12	country	country	NOUN
ajfa-7598	28	13	.	.	PUNCT
ajfa-7598	29	1	in	in	ADP
ajfa-7598	29	2	pakistan	pakistan	PROPN
ajfa-7598	29	3	,	,	PUNCT
ajfa-7598	29	4	positive	positive	ADJ
ajfa-7598	29	5	macroeconomic	macroeconomic	ADJ
ajfa-7598	29	6	indicators	indicator	NOUN
ajfa-7598	29	7	and	and	CCONJ
ajfa-7598	29	8	governments	government	NOUN
ajfa-7598	29	9	intention	intention	NOUN
ajfa-7598	29	10	of	of	ADP
ajfa-7598	29	11	spending	spend	VERB
ajfa-7598	29	12	more	more	ADV
ajfa-7598	29	13	on	on	ADP
ajfa-7598	29	14	social	social	ADJ
ajfa-7598	29	15	and	and	CCONJ
ajfa-7598	29	16	infrastructure	infrastructure	NOUN
ajfa-7598	29	17	development	development	NOUN
ajfa-7598	29	18	has	have	AUX
ajfa-7598	29	19	increased	increase	VERB
ajfa-7598	29	20	the	the	DET
ajfa-7598	29	21	requirement	requirement	NOUN
ajfa-7598	29	22	for	for	ADP
ajfa-7598	29	23	cement	cement	NOUN
ajfa-7598	29	24	many	many	ADJ
ajfa-7598	29	25	folds.there	folds.there	NUM
ajfa-7598	29	26	are	be	AUX
ajfa-7598	29	27	total	total	ADJ
ajfa-7598	29	28	number	number	NOUN
ajfa-7598	29	29	of	of	ADP
ajfa-7598	29	30	units	unit	NOUN
ajfa-7598	29	31	are	be	AUX
ajfa-7598	29	32	22	22	NUM
ajfa-7598	29	33	.	.	PUNCT
ajfa-7598	30	1	the	the	DET
ajfa-7598	30	2	cement	cement	NOUN
ajfa-7598	30	3	industry	industry	NOUN
ajfa-7598	30	4	in	in	ADP
ajfa-7598	30	5	pakistan	pakistan	PROPN
ajfa-7598	30	6	has	have	AUX
ajfa-7598	30	7	become	become	VERB
ajfa-7598	30	8	a	a	DET
ajfa-7598	30	9	long	long	ADJ
ajfa-7598	30	10	way	way	NOUN
ajfa-7598	30	11	since	since	SCONJ
ajfa-7598	30	12	independence	independence	NOUN
ajfa-7598	30	13	when	when	SCONJ
ajfa-7598	30	14	country	country	NOUN
ajfa-7598	30	15	had	have	VERB
ajfa-7598	30	16	a	a	DET
ajfa-7598	30	17	less	less	ADJ
ajfa-7598	30	18	than	than	ADP
ajfa-7598	30	19	half	half	DET
ajfa-7598	30	20	a	a	DET
ajfa-7598	30	21	million	million	NUM
ajfa-7598	30	22	tons	ton	NOUN
ajfa-7598	30	23	per	per	ADP
ajfa-7598	30	24	annum	annum	NOUN
ajfa-7598	30	25	production	production	NOUN
ajfa-7598	30	26	capacity	capacity	NOUN
ajfa-7598	30	27	.	.	PUNCT
ajfa-7598	31	1	by	by	ADP
ajfa-7598	31	2	now	now	ADV
ajfa-7598	31	3	it	it	PRON
ajfa-7598	31	4	has	have	AUX
ajfa-7598	31	5	exceeded	exceed	VERB
ajfa-7598	31	6	10	10	NUM
ajfa-7598	31	7	million	million	NUM
ajfa-7598	31	8	tons	ton	NOUN
ajfa-7598	31	9	per	per	ADP
ajfa-7598	31	10	annum	annum	NOUN
ajfa-7598	31	11	as	as	ADP
ajfa-7598	31	12	a	a	DET
ajfa-7598	31	13	effect	effect	NOUN
ajfa-7598	31	14	of	of	ADP
ajfa-7598	31	15	establishment	establishment	NOUN
ajfa-7598	31	16	of	of	ADP
ajfa-7598	31	17	new	new	ADJ
ajfa-7598	31	18	industrialized	industrialize	VERB
ajfa-7598	31	19	facilities	facility	NOUN
ajfa-7598	31	20	and	and	CCONJ
ajfa-7598	31	21	expansion	expansion	NOUN
ajfa-7598	31	22	by	by	ADP
ajfa-7598	31	23	existing	exist	VERB
ajfa-7598	31	24	units	unit	NOUN
ajfa-7598	31	25	.	.	PUNCT
ajfa-7598	32	1	privatization	privatization	NOUN
ajfa-7598	32	2	and	and	CCONJ
ajfa-7598	32	3	effective	effective	ADJ
ajfa-7598	32	4	price	price	NOUN
ajfa-7598	32	5	decontrol	decontrol	NOUN
ajfa-7598	32	6	in	in	ADP
ajfa-7598	32	7	1991	1991	NUM
ajfa-7598	32	8	-	-	SYM
ajfa-7598	32	9	92	92	NUM
ajfa-7598	32	10	heralded	herald	VERB
ajfa-7598	32	11	a	a	DET
ajfa-7598	32	12	new	new	ADJ
ajfa-7598	32	13	era	era	NOUN
ajfa-7598	32	14	in	in	ADP
ajfa-7598	32	15	which	which	PRON
ajfa-7598	32	16	the	the	DET
ajfa-7598	32	17	industry	industry	NOUN
ajfa-7598	32	18	has	have	AUX
ajfa-7598	32	19	reached	reach	VERB
ajfa-7598	32	20	a	a	DET
ajfa-7598	32	21	level	level	NOUN
ajfa-7598	32	22	where	where	SCONJ
ajfa-7598	32	23	surplus	surplus	ADJ
ajfa-7598	32	24	production	production	NOUN
ajfa-7598	32	25	after	after	ADP
ajfa-7598	32	26	meeting	meet	VERB
ajfa-7598	32	27	local	local	ADJ
ajfa-7598	32	28	demand	demand	NOUN
ajfa-7598	32	29	is	be	AUX
ajfa-7598	32	30	expected	expect	VERB
ajfa-7598	32	31	in	in	ADP
ajfa-7598	32	32	1997	1997	NUM
ajfa-7598	32	33	.	.	PUNCT
ajfa-7598	33	1	the	the	DET
ajfa-7598	33	2	study	study	NOUN
ajfa-7598	33	3	consist	consist	VERB
ajfa-7598	33	4	of	of	ADP
ajfa-7598	33	5	three	three	NUM
ajfa-7598	33	6	sections	section	NOUN
ajfa-7598	33	7	,	,	PUNCT
ajfa-7598	33	8	following	follow	VERB
ajfa-7598	33	9	sections	section	NOUN
ajfa-7598	33	10	describes	describe	VERB
ajfa-7598	33	11	the	the	DET
ajfa-7598	33	12	review	review	NOUN
ajfa-7598	33	13	of	of	ADP
ajfa-7598	33	14	literature	literature	NOUN
ajfa-7598	33	15	.	.	PUNCT
ajfa-7598	34	1	section	section	NOUN
ajfa-7598	34	2	three	three	NUM
ajfa-7598	34	3	explains	explain	VERB
ajfa-7598	34	4	the	the	DET
ajfa-7598	34	5	data	datum	NOUN
ajfa-7598	34	6	and	and	CCONJ
ajfa-7598	34	7	final	final	ADJ
ajfa-7598	34	8	section	section	NOUN
ajfa-7598	34	9	includes	include	VERB
ajfa-7598	34	10	discussion	discussion	NOUN
ajfa-7598	34	11	on	on	ADP
ajfa-7598	34	12	results	result	NOUN
ajfa-7598	34	13	and	and	CCONJ
ajfa-7598	34	14	conclusion	conclusion	NOUN
ajfa-7598	34	15	.	.	PUNCT
ajfa-7598	35	1	2	2	X
ajfa-7598	35	2	.	.	X
ajfa-7598	35	3	review	review	NOUN
ajfa-7598	35	4	of	of	ADP
ajfa-7598	35	5	literature	literature	NOUN
ajfa-7598	35	6	the	the	DET
ajfa-7598	35	7	current	current	ADJ
ajfa-7598	35	8	approach	approach	NOUN
ajfa-7598	35	9	to	to	ADP
ajfa-7598	35	10	capital	capital	NOUN
ajfa-7598	35	11	market	market	NOUN
ajfa-7598	35	12	research	research	NOUN
ajfa-7598	35	13	(	(	PUNCT
ajfa-7598	35	14	cmr	cmr	NOUN
ajfa-7598	35	15	)	)	PUNCT
ajfa-7598	35	16	in	in	ADP
ajfa-7598	35	17	the	the	DET
ajfa-7598	35	18	accounting	accounting	NOUN
ajfa-7598	35	19	literature	literature	NOUN
ajfa-7598	35	20	began	begin	VERB
ajfa-7598	35	21	with	with	ADP
ajfa-7598	35	22	the	the	DET
ajfa-7598	35	23	work	work	NOUN
ajfa-7598	35	24	of	of	ADP
ajfa-7598	35	25	ball	ball	NOUN
ajfa-7598	35	26	and	and	CCONJ
ajfa-7598	35	27	brown	brown	ADJ
ajfa-7598	35	28	(	(	PUNCT
ajfa-7598	35	29	1968	1968	NUM
ajfa-7598	35	30	)	)	PUNCT
ajfa-7598	35	31	.	.	PUNCT
ajfa-7598	36	1	that	that	DET
ajfa-7598	36	2	research	research	NOUN
ajfa-7598	36	3	was	be	AUX
ajfa-7598	36	4	the	the	DET
ajfa-7598	36	5	one	one	NUM
ajfa-7598	36	6	of	of	ADP
ajfa-7598	36	7	the	the	DET
ajfa-7598	36	8	first	first	ADJ
ajfa-7598	36	9	effort	effort	NOUN
ajfa-7598	36	10	systematically	systematically	ADV
ajfa-7598	36	11	explore	explore	VERB
ajfa-7598	36	12	the	the	DET
ajfa-7598	36	13	relationship	relationship	NOUN
ajfa-7598	36	14	between	between	ADP
ajfa-7598	36	15	the	the	DET
ajfa-7598	36	16	market	market	NOUN
ajfa-7598	36	17	value	value	NOUN
ajfa-7598	36	18	and	and	CCONJ
ajfa-7598	36	19	accounting	accounting	NOUN
ajfa-7598	36	20	numbers	number	NOUN
ajfa-7598	36	21	of	of	ADP
ajfa-7598	36	22	firms	firm	NOUN
ajfa-7598	36	23	with	with	ADP
ajfa-7598	36	24	the	the	DET
ajfa-7598	36	25	exact	exact	ADJ
ajfa-7598	36	26	statistical	statistical	ADJ
ajfa-7598	36	27	method	method	NOUN
ajfa-7598	36	28	.	.	PUNCT
ajfa-7598	37	1	ball	ball	NOUN
ajfa-7598	37	2	and	and	CCONJ
ajfa-7598	37	3	brown	brown	PROPN
ajfa-7598	37	4	tested	test	VERB
ajfa-7598	37	5	the	the	DET
ajfa-7598	37	6	hypotheses	hypothesis	NOUN
ajfa-7598	37	7	that	that	SCONJ
ajfa-7598	37	8	how	how	SCONJ
ajfa-7598	37	9	abnormal	abnormal	ADJ
ajfa-7598	37	10	returns	return	NOUN
ajfa-7598	37	11	on	on	ADP
ajfa-7598	37	12	the	the	DET
ajfa-7598	37	13	stock	stock	NOUN
ajfa-7598	37	14	market	market	NOUN
ajfa-7598	37	15	related	relate	VERB
ajfa-7598	37	16	with	with	ADP
ajfa-7598	37	17	the	the	DET
ajfa-7598	37	18	announcement	announcement	NOUN
ajfa-7598	37	19	of	of	ADP
ajfa-7598	37	20	the	the	DET
ajfa-7598	37	21	preliminary	preliminary	ADJ
ajfa-7598	37	22	annual	annual	ADJ
ajfa-7598	37	23	earnings	earning	NOUN
ajfa-7598	37	24	per	per	ADP
ajfa-7598	37	25	share	share	NOUN
ajfa-7598	37	26	number	number	NOUN
ajfa-7598	37	27	which	which	PRON
ajfa-7598	37	28	was	be	AUX
ajfa-7598	37	29	the	the	DET
ajfa-7598	37	30	first	first	ADJ
ajfa-7598	37	31	annual	annual	ADJ
ajfa-7598	37	32	eps	eps	PROPN
ajfa-7598	37	33	figure	figure	NOUN
ajfa-7598	37	34	announced	announce	VERB
ajfa-7598	37	35	to	to	ADP
ajfa-7598	37	36	the	the	DET
ajfa-7598	37	37	stock	stock	NOUN
ajfa-7598	37	38	exchange	exchange	NOUN
ajfa-7598	37	39	.	.	PUNCT
ajfa-7598	38	1	they	they	PRON
ajfa-7598	38	2	took	take	VERB
ajfa-7598	38	3	261	261	NUM
ajfa-7598	38	4	firm	firm	NOUN
ajfa-7598	38	5	listed	list	VERB
ajfa-7598	38	6	on	on	ADP
ajfa-7598	38	7	new	new	PROPN
ajfa-7598	38	8	york	york	PROPN
ajfa-7598	38	9	stock	stock	PROPN
ajfa-7598	38	10	exchange	exchange	PROPN
ajfa-7598	38	11	over	over	ADP
ajfa-7598	38	12	the	the	DET
ajfa-7598	38	13	time	time	NOUN
ajfa-7598	38	14	span	span	NOUN
ajfa-7598	38	15	of	of	ADP
ajfa-7598	38	16	1957	1957	NUM
ajfa-7598	38	17	to	to	ADP
ajfa-7598	38	18	1965.they	1965.they	PRON
ajfa-7598	38	19	argued	argue	VERB
ajfa-7598	38	20	that	that	SCONJ
ajfa-7598	38	21	the	the	DET
ajfa-7598	38	22	earning	earning	NOUN
ajfa-7598	38	23	numbers	number	NOUN
ajfa-7598	38	24	were	be	AUX
ajfa-7598	38	25	useful	useful	ADJ
ajfa-7598	38	26	in	in	ADP
ajfa-7598	38	27	the	the	DET
ajfa-7598	38	28	earnings	earning	NOUN
ajfa-7598	38	29	forester	forester	NOUN
ajfa-7598	38	30	error	error	NOUN
ajfa-7598	38	31	,	,	PUNCT
ajfa-7598	38	32	or	or	CCONJ
ajfa-7598	38	33	earning	earn	VERB
ajfa-7598	38	34	innovation	innovation	NOUN
ajfa-7598	38	35	was	be	AUX
ajfa-7598	38	36	extensively	extensively	ADV
ajfa-7598	38	37	related	relate	VERB
ajfa-7598	38	38	to	to	ADP
ajfa-7598	38	39	the	the	DET
ajfa-7598	38	40	abnormal	abnormal	ADJ
ajfa-7598	38	41	returns	return	NOUN
ajfa-7598	38	42	.	.	PUNCT
ajfa-7598	39	1	seetharaman	seetharaman	NOUN
ajfa-7598	39	2	&	&	CCONJ
ajfa-7598	39	3	rudolph	rudolph	PROPN
ajfa-7598	39	4	,	,	PUNCT
ajfa-7598	39	5	(	(	PUNCT
ajfa-7598	39	6	2010	2010	NUM
ajfa-7598	39	7	)	)	PUNCT
ajfa-7598	39	8	examined	examine	VERB
ajfa-7598	39	9	the	the	DET
ajfa-7598	39	10	role	role	NOUN
ajfa-7598	39	11	of	of	ADP
ajfa-7598	39	12	declaration	declaration	NOUN
ajfa-7598	39	13	of	of	ADP
ajfa-7598	39	14	earning	earn	VERB
ajfa-7598	39	15	per	per	ADP
ajfa-7598	39	16	share	share	NOUN
ajfa-7598	39	17	(	(	PUNCT
ajfa-7598	39	18	eps	eps	PROPN
ajfa-7598	39	19	)	)	PUNCT
ajfa-7598	39	20	on	on	ADP
ajfa-7598	39	21	the	the	DET
ajfa-7598	39	22	stock	stock	NOUN
ajfa-7598	39	23	prices	price	NOUN
ajfa-7598	39	24	and	and	CCONJ
ajfa-7598	39	25	argued	argue	VERB
ajfa-7598	39	26	that	that	SCONJ
ajfa-7598	39	27	earning	earn	VERB
ajfa-7598	39	28	per	per	ADP
ajfa-7598	39	29	share	share	NOUN
ajfa-7598	39	30	have	have	VERB
ajfa-7598	39	31	significant	significant	ADJ
ajfa-7598	39	32	influence	influence	NOUN
ajfa-7598	39	33	on	on	ADP
ajfa-7598	39	34	stock	stock	NOUN
ajfa-7598	39	35	returns	return	NOUN
ajfa-7598	39	36	.	.	PUNCT
ajfa-7598	40	1	graham	graham	PROPN
ajfa-7598	40	2	and	and	CCONJ
ajfa-7598	40	3	king	king	PROPN
ajfa-7598	40	4	,	,	PUNCT
ajfa-7598	40	5	(	(	PUNCT
ajfa-7598	40	6	2000	2000	NUM
ajfa-7598	40	7	)	)	PUNCT
ajfa-7598	40	8	used	use	VERB
ajfa-7598	40	9	ohlson	ohlson	NOUN
ajfa-7598	40	10	model	model	NOUN
ajfa-7598	40	11	to	to	PART
ajfa-7598	40	12	examined	examine	VERB
ajfa-7598	40	13	the	the	DET
ajfa-7598	40	14	relationship	relationship	NOUN
ajfa-7598	40	15	between	between	ADP
ajfa-7598	40	16	market	market	NOUN
ajfa-7598	40	17	values	value	NOUN
ajfa-7598	40	18	and	and	CCONJ
ajfa-7598	40	19	book	book	NOUN
ajfa-7598	40	20	values	value	NOUN
ajfa-7598	40	21	,	,	PUNCT
ajfa-7598	40	22	they	they	PRON
ajfa-7598	40	23	concluded	conclude	VERB
ajfa-7598	40	24	that	that	SCONJ
ajfa-7598	40	25	accounting	accounting	NOUN
ajfa-7598	40	26	practices	practice	NOUN
ajfa-7598	40	27	have	have	VERB
ajfa-7598	40	28	significant	significant	ADJ
ajfa-7598	40	29	influence	influence	NOUN
ajfa-7598	40	30	on	on	ADP
ajfa-7598	40	31	sock	sock	NOUN
ajfa-7598	40	32	returns	return	NOUN
ajfa-7598	40	33	.	.	PUNCT
ajfa-7598	41	1	willet	willet	PROPN
ajfa-7598	41	2	&	&	CCONJ
ajfa-7598	41	3	peare	peare	PROPN
ajfa-7598	41	4	,	,	PUNCT
ajfa-7598	41	5	(	(	PUNCT
ajfa-7598	41	6	2000	2000	NUM
ajfa-7598	41	7	)	)	PUNCT
ajfa-7598	41	8	studied	study	VERB
ajfa-7598	41	9	the	the	DET
ajfa-7598	41	10	relationship	relationship	NOUN
ajfa-7598	41	11	between	between	ADP
ajfa-7598	41	12	market	market	NOUN
ajfa-7598	41	13	values	value	NOUN
ajfa-7598	41	14	and	and	CCONJ
ajfa-7598	41	15	accounting	accounting	NOUN
ajfa-7598	41	16	numbers	number	NOUN
ajfa-7598	41	17	for	for	ADP
ajfa-7598	41	18	short	short	ADJ
ajfa-7598	41	19	term	term	NOUN
ajfa-7598	41	20	and	and	CCONJ
ajfa-7598	41	21	long	long	ADJ
ajfa-7598	41	22	term	term	NOUN
ajfa-7598	41	23	.	.	PUNCT
ajfa-7598	42	1	they	they	PRON
ajfa-7598	42	2	document	document	VERB
ajfa-7598	42	3	that	that	SCONJ
ajfa-7598	42	4	in	in	ADP
ajfa-7598	42	5	short	short	ADJ
ajfa-7598	42	6	run	run	NOUN
ajfa-7598	42	7	book	book	NOUN
ajfa-7598	42	8	values	value	NOUN
ajfa-7598	42	9	and	and	CCONJ
ajfa-7598	42	10	market	market	NOUN
ajfa-7598	42	11	differs	differ	NOUN
ajfa-7598	42	12	but	but	CCONJ
ajfa-7598	42	13	have	have	VERB
ajfa-7598	42	14	relationship	relationship	NOUN
ajfa-7598	42	15	in	in	ADP
ajfa-7598	42	16	long	long	ADJ
ajfa-7598	42	17	run	run	NOUN
ajfa-7598	42	18	.	.	PUNCT
ajfa-7598	43	1	omura	omura	NOUN
ajfa-7598	43	2	(	(	PUNCT
ajfa-7598	43	3	2005	2005	NUM
ajfa-7598	43	4	)	)	PUNCT
ajfa-7598	43	5	provided	provide	VERB
ajfa-7598	43	6	the	the	DET
ajfa-7598	43	7	evidence	evidence	NOUN
ajfa-7598	43	8	that	that	SCONJ
ajfa-7598	43	9	net	net	ADJ
ajfa-7598	43	10	assets	asset	NOUN
ajfa-7598	43	11	have	have	AUX
ajfa-7598	43	12	significant	significant	ADJ
ajfa-7598	43	13	relevance	relevance	NOUN
ajfa-7598	43	14	for	for	ADP
ajfa-7598	43	15	market	market	NOUN
ajfa-7598	43	16	values	value	NOUN
ajfa-7598	43	17	in	in	ADP
ajfa-7598	43	18	the	the	DET
ajfa-7598	43	19	japanese	japanese	ADJ
ajfa-7598	43	20	stock	stock	NOUN
ajfa-7598	43	21	markets	market	NOUN
ajfa-7598	43	22	.	.	PUNCT
ajfa-7598	44	1	clout	clout	NOUN
ajfa-7598	44	2	(	(	PUNCT
ajfa-7598	44	3	2007	2007	NUM
ajfa-7598	44	4	)	)	PUNCT
ajfa-7598	44	5	studied	study	VERB
ajfa-7598	44	6	the	the	DET
ajfa-7598	44	7	australian	australian	ADJ
ajfa-7598	44	8	firms	firm	NOUN
ajfa-7598	44	9	and	and	CCONJ
ajfa-7598	44	10	empirically	empirically	ADV
ajfa-7598	44	11	reported	report	VERB
ajfa-7598	44	12	that	that	SCONJ
ajfa-7598	44	13	there	there	PRON
ajfa-7598	44	14	is	be	VERB
ajfa-7598	44	15	an	an	DET
ajfa-7598	44	16	equilibrium	equilibrium	NOUN
ajfa-7598	44	17	correlation	correlation	NOUN
ajfa-7598	44	18	relationship	relationship	NOUN
ajfa-7598	44	19	between	between	ADP
ajfa-7598	44	20	market	market	NOUN
ajfa-7598	44	21	values	value	NOUN
ajfa-7598	44	22	and	and	CCONJ
ajfa-7598	44	23	accounting	accounting	NOUN
ajfa-7598	44	24	numbers	number	NOUN
ajfa-7598	44	25	.	.	PUNCT
ajfa-7598	45	1	williams	williams	PROPN
ajfa-7598	45	2	(	(	PUNCT
ajfa-7598	45	3	2000	2000	NUM
ajfa-7598	45	4	)	)	PUNCT
ajfa-7598	45	5	attempted	attempt	VERB
ajfa-7598	45	6	an	an	DET
ajfa-7598	45	7	effort	effort	NOUN
ajfa-7598	45	8	to	to	PART
ajfa-7598	45	9	test	test	VERB
ajfa-7598	45	10	whether	whether	SCONJ
ajfa-7598	45	11	accounting	accounting	NOUN
ajfa-7598	45	12	numbers	number	NOUN
ajfa-7598	45	13	are	be	AUX
ajfa-7598	45	14	capable	capable	ADJ
ajfa-7598	45	15	to	to	PART
ajfa-7598	45	16	predict	predict	VERB
ajfa-7598	45	17	distress	distress	NOUN
ajfa-7598	45	18	in	in	ADP
ajfa-7598	45	19	high	high	ADJ
ajfa-7598	45	20	technology	technology	NOUN
ajfa-7598	45	21	industry	industry	NOUN
ajfa-7598	45	22	and	and	CCONJ
ajfa-7598	45	23	empirically	empirically	ADV
ajfa-7598	45	24	document	document	NOUN
ajfa-7598	45	25	that	that	SCONJ
ajfa-7598	45	26	accounting	accounting	NOUN
ajfa-7598	45	27	numbers	number	NOUN
ajfa-7598	45	28	are	be	AUX
ajfa-7598	45	29	still	still	ADV
ajfa-7598	45	30	predictive	predictive	ADJ
ajfa-7598	45	31	in	in	ADP
ajfa-7598	45	32	high	high	ADJ
ajfa-7598	45	33	technology	technology	NOUN
ajfa-7598	45	34	firms	firm	NOUN
ajfa-7598	45	35	.	.	PUNCT
ajfa-7598	46	1	there	there	PRON
ajfa-7598	46	2	is	be	VERB
ajfa-7598	46	3	a	a	DET
ajfa-7598	46	4	strong	strong	ADJ
ajfa-7598	46	5	relationship	relationship	NOUN
ajfa-7598	46	6	between	between	ADP
ajfa-7598	46	7	accounting	accounting	NOUN
ajfa-7598	46	8	numbers	number	NOUN
ajfa-7598	46	9	and	and	CCONJ
ajfa-7598	46	10	market	market	NOUN
ajfa-7598	46	11	values	value	NOUN
ajfa-7598	46	12	of	of	ADP
ajfa-7598	46	13	59	59	NUM
ajfa-7598	46	14	firms	firm	NOUN
ajfa-7598	46	15	listed	list	VERB
ajfa-7598	46	16	on	on	ADP
ajfa-7598	46	17	jakarta	jakarta	PROPN
ajfa-7598	46	18	stock	stock	PROPN
ajfa-7598	46	19	exchange	exchange	PROPN
ajfa-7598	46	20	(	(	PUNCT
ajfa-7598	46	21	jsx	jsx	PROPN
ajfa-7598	46	22	)	)	PUNCT
ajfa-7598	46	23	asian	asian	ADJ
ajfa-7598	46	24	journal	journal	NOUN
ajfa-7598	46	25	of	of	ADP
ajfa-7598	46	26	finance	finance	PROPN
ajfa-7598	46	27	&	&	CCONJ
ajfa-7598	46	28	accounting	accounting	PROPN
ajfa-7598	46	29	issn	issn	PROPN
ajfa-7598	46	30	1946	1946	NUM
ajfa-7598	46	31	-	-	PUNCT
ajfa-7598	46	32	052x	052x	NOUN
ajfa-7598	46	33	2015	2015	NUM
ajfa-7598	46	34	,	,	PUNCT
ajfa-7598	46	35	vol	vol	NOUN
ajfa-7598	46	36	.	.	PROPN
ajfa-7598	46	37	7	7	NUM
ajfa-7598	46	38	,	,	PUNCT
ajfa-7598	46	39	no	no	INTJ
ajfa-7598	46	40	.	.	NOUN
ajfa-7598	46	41	1	1	NUM
ajfa-7598	46	42	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-7598	46	43	233	233	NUM
ajfa-7598	46	44	reported	report	VERB
ajfa-7598	46	45	by	by	ADP
ajfa-7598	46	46	suwardi	suwardi	PROPN
ajfa-7598	46	47	(	(	PUNCT
ajfa-7598	46	48	2004	2004	NUM
ajfa-7598	46	49	)	)	PUNCT
ajfa-7598	46	50	.	.	PUNCT
ajfa-7598	47	1	earnings	earning	NOUN
ajfa-7598	47	2	have	have	VERB
ajfa-7598	47	3	significant	significant	ADJ
ajfa-7598	47	4	weight	weight	NOUN
ajfa-7598	47	5	in	in	ADP
ajfa-7598	47	6	the	the	DET
ajfa-7598	47	7	firm	firm	ADJ
ajfa-7598	47	8	valuation	valuation	NOUN
ajfa-7598	47	9	(	(	PUNCT
ajfa-7598	47	10	see	see	VERB
ajfa-7598	47	11	pervits	pervit	NOUN
ajfa-7598	47	12	et	et	PROPN
ajfa-7598	47	13	al	al	PROPN
ajfa-7598	47	14	.	.	PROPN
ajfa-7598	47	15	1994	1994	NUM
ajfa-7598	47	16	)	)	PUNCT
ajfa-7598	47	17	.	.	PUNCT
ajfa-7598	48	1	kadri	kadri	PROPN
ajfa-7598	48	2	&	&	CCONJ
ajfa-7598	48	3	mohammed	mohammed	PROPN
ajfa-7598	48	4	(	(	PUNCT
ajfa-7598	48	5	2007	2007	NUM
ajfa-7598	48	6	)	)	PUNCT
ajfa-7598	48	7	examined	examine	VERB
ajfa-7598	48	8	the	the	DET
ajfa-7598	48	9	relationship	relationship	NOUN
ajfa-7598	48	10	between	between	ADP
ajfa-7598	48	11	book	book	NOUN
ajfa-7598	48	12	value	value	NOUN
ajfa-7598	48	13	,	,	PUNCT
ajfa-7598	48	14	earnings	earning	NOUN
ajfa-7598	48	15	and	and	CCONJ
ajfa-7598	48	16	market	market	NOUN
ajfa-7598	48	17	prices	price	NOUN
ajfa-7598	48	18	.	.	PUNCT
ajfa-7598	49	1	they	they	PRON
ajfa-7598	49	2	empirically	empirically	ADV
ajfa-7598	49	3	found	find	VERB
ajfa-7598	49	4	that	that	SCONJ
ajfa-7598	49	5	there	there	PRON
ajfa-7598	49	6	is	be	VERB
ajfa-7598	49	7	significant	significant	ADJ
ajfa-7598	49	8	relationship	relationship	NOUN
ajfa-7598	49	9	exists	exist	VERB
ajfa-7598	49	10	in	in	ADP
ajfa-7598	49	11	the	the	DET
ajfa-7598	49	12	accounting	accounting	NOUN
ajfa-7598	49	13	numbers	number	NOUN
ajfa-7598	49	14	and	and	CCONJ
ajfa-7598	49	15	market	market	NOUN
ajfa-7598	49	16	price	price	NOUN
ajfa-7598	49	17	.	.	PUNCT
ajfa-7598	50	1	petkova	petkova	PROPN
ajfa-7598	50	2	and	and	CCONJ
ajfa-7598	50	3	zhang	zhang	PROPN
ajfa-7598	50	4	,	,	PUNCT
ajfa-7598	50	5	(	(	PUNCT
ajfa-7598	50	6	2005	2005	NUM
ajfa-7598	50	7	)	)	PUNCT
ajfa-7598	50	8	support	support	NOUN
ajfa-7598	50	9	empirically	empirically	ADV
ajfa-7598	50	10	fama	fama	NOUN
ajfa-7598	50	11	-	-	PUNCT
ajfa-7598	50	12	french	french	ADJ
ajfa-7598	50	13	argument	argument	NOUN
ajfa-7598	50	14	that	that	SCONJ
ajfa-7598	50	15	market	market	NOUN
ajfa-7598	50	16	to	to	ADP
ajfa-7598	50	17	book	book	NOUN
ajfa-7598	50	18	value	value	NOUN
ajfa-7598	50	19	ratio	ratio	NOUN
ajfa-7598	50	20	is	be	AUX
ajfa-7598	50	21	a	a	DET
ajfa-7598	50	22	determinant	determinant	NOUN
ajfa-7598	50	23	of	of	ADP
ajfa-7598	50	24	stock	stock	NOUN
ajfa-7598	50	25	returns	return	NOUN
ajfa-7598	50	26	.	.	PUNCT
ajfa-7598	51	1	similarly	similarly	ADV
ajfa-7598	51	2	raj	raj	PROPN
ajfa-7598	51	3	and	and	CCONJ
ajfa-7598	51	4	ramesh	ramesh	PROPN
ajfa-7598	51	5	(	(	PUNCT
ajfa-7598	51	6	1992	1992	NUM
ajfa-7598	51	7	)	)	PUNCT
ajfa-7598	51	8	the	the	DET
ajfa-7598	51	9	effect	effect	NOUN
ajfa-7598	51	10	of	of	ADP
ajfa-7598	51	11	book	book	NOUN
ajfa-7598	51	12	ration	ration	NOUN
ajfa-7598	51	13	in	in	ADP
ajfa-7598	51	14	japanese	japanese	ADJ
ajfa-7598	51	15	stock	stock	NOUN
ajfa-7598	51	16	market	market	NOUN
ajfa-7598	51	17	.	.	PUNCT
ajfa-7598	52	1	they	they	PRON
ajfa-7598	52	2	found	find	VERB
ajfa-7598	52	3	that	that	SCONJ
ajfa-7598	52	4	stocks	stock	NOUN
ajfa-7598	52	5	with	with	ADP
ajfa-7598	52	6	higher	high	ADJ
ajfa-7598	52	7	market	market	NOUN
ajfa-7598	52	8	to	to	ADP
ajfa-7598	52	9	book	book	NOUN
ajfa-7598	52	10	value	value	NOUN
ajfa-7598	52	11	ratio	ratio	NOUN
ajfa-7598	52	12	have	have	AUX
ajfa-7598	52	13	earned	earn	VERB
ajfa-7598	52	14	low	low	ADJ
ajfa-7598	52	15	returns	return	NOUN
ajfa-7598	52	16	and	and	CCONJ
ajfa-7598	52	17	stocks	stock	NOUN
ajfa-7598	52	18	with	with	ADP
ajfa-7598	52	19	lover	lover	NOUN
ajfa-7598	52	20	book	book	NOUN
ajfa-7598	52	21	value	value	NOUN
ajfa-7598	52	22	to	to	ADP
ajfa-7598	52	23	market	market	NOUN
ajfa-7598	52	24	ratio	ratio	NOUN
ajfa-7598	52	25	earned	earn	VERB
ajfa-7598	52	26	higher	high	ADJ
ajfa-7598	52	27	stock	stock	NOUN
ajfa-7598	52	28	returns	return	NOUN
ajfa-7598	52	29	in	in	ADP
ajfa-7598	52	30	japanese	japanese	ADJ
ajfa-7598	52	31	stock	stock	NOUN
ajfa-7598	52	32	market	market	NOUN
ajfa-7598	52	33	.	.	PUNCT
ajfa-7598	53	1	ball	ball	NOUN
ajfa-7598	53	2	et	et	PROPN
ajfa-7598	53	3	al	al	PROPN
ajfa-7598	53	4	.	.	PROPN
ajfa-7598	54	1	(	(	PUNCT
ajfa-7598	54	2	1993	1993	NUM
ajfa-7598	54	3	)	)	PUNCT
ajfa-7598	54	4	studied	study	VERB
ajfa-7598	54	5	us	we	PRON
ajfa-7598	54	6	market	market	NOUN
ajfa-7598	54	7	;	;	PUNCT
ajfa-7598	54	8	they	they	PRON
ajfa-7598	54	9	took	take	VERB
ajfa-7598	54	10	the	the	DET
ajfa-7598	54	11	data	datum	NOUN
ajfa-7598	54	12	for	for	ADP
ajfa-7598	54	13	the	the	DET
ajfa-7598	54	14	time	time	NOUN
ajfa-7598	54	15	span	span	NOUN
ajfa-7598	54	16	f	f	PROPN
ajfa-7598	54	17	1950	1950	NUM
ajfa-7598	54	18	-	-	SYM
ajfa-7598	54	19	1988	1988	NUM
ajfa-7598	54	20	.	.	PUNCT
ajfa-7598	55	1	they	they	PRON
ajfa-7598	55	2	document	document	VERB
ajfa-7598	55	3	that	that	SCONJ
ajfa-7598	55	4	changes	change	VERB
ajfa-7598	55	5	in	in	ADP
ajfa-7598	55	6	the	the	DET
ajfa-7598	55	7	earnings	earning	NOUN
ajfa-7598	55	8	have	have	VERB
ajfa-7598	55	9	systematic	systematic	ADJ
ajfa-7598	55	10	economic	economic	ADJ
ajfa-7598	55	11	determinants	determinant	NOUN
ajfa-7598	55	12	that	that	PRON
ajfa-7598	55	13	are	be	AUX
ajfa-7598	55	14	associated	associate	VERB
ajfa-7598	55	15	with	with	ADP
ajfa-7598	55	16	the	the	DET
ajfa-7598	55	17	securities	security	NOUN
ajfa-7598	55	18	return	return	NOUN
ajfa-7598	55	19	variation	variation	NOUN
ajfa-7598	55	20	.	.	PUNCT
ajfa-7598	56	1	vafeas	vafea	NOUN
ajfa-7598	56	2	et	et	PROPN
ajfa-7598	56	3	al	al	PROPN
ajfa-7598	56	4	.	.	PUNCT
ajfa-7598	57	1	(	(	PUNCT
ajfa-7598	57	2	1998	1998	NUM
ajfa-7598	57	3	)	)	PUNCT
ajfa-7598	57	4	for	for	ADP
ajfa-7598	57	5	cyprus	cyprus	PROPN
ajfa-7598	57	6	stock	stock	NOUN
ajfa-7598	57	7	market	market	NOUN
ajfa-7598	57	8	document	document	NOUN
ajfa-7598	57	9	that	that	SCONJ
ajfa-7598	57	10	earnings	earning	NOUN
ajfa-7598	57	11	level	level	NOUN
ajfa-7598	57	12	and	and	CCONJ
ajfa-7598	57	13	changes	change	NOUN
ajfa-7598	57	14	in	in	ADP
ajfa-7598	57	15	earnings	earning	NOUN
ajfa-7598	57	16	level	level	NOUN
ajfa-7598	57	17	does	do	AUX
ajfa-7598	57	18	matter	matter	NOUN
ajfa-7598	57	19	for	for	ADP
ajfa-7598	57	20	the	the	DET
ajfa-7598	57	21	explanation	explanation	NOUN
ajfa-7598	57	22	of	of	ADP
ajfa-7598	57	23	stock	stock	NOUN
ajfa-7598	57	24	returns	return	NOUN
ajfa-7598	57	25	in	in	ADP
ajfa-7598	57	26	emerging	emerge	VERB
ajfa-7598	57	27	stock	stock	NOUN
ajfa-7598	57	28	markets	market	NOUN
ajfa-7598	57	29	.	.	PUNCT
ajfa-7598	58	1	lamont	lamont	PROPN
ajfa-7598	58	2	(	(	PUNCT
ajfa-7598	58	3	1998	1998	NUM
ajfa-7598	58	4	)	)	PUNCT
ajfa-7598	58	5	investigated	investigate	VERB
ajfa-7598	58	6	the	the	DET
ajfa-7598	58	7	relationship	relationship	NOUN
ajfa-7598	58	8	between	between	ADP
ajfa-7598	58	9	earnings	earning	NOUN
ajfa-7598	58	10	and	and	CCONJ
ajfa-7598	58	11	expected	expect	VERB
ajfa-7598	58	12	returns	return	NOUN
ajfa-7598	58	13	.	.	PUNCT
ajfa-7598	59	1	he	he	PRON
ajfa-7598	59	2	argued	argue	VERB
ajfa-7598	59	3	that	that	SCONJ
ajfa-7598	59	4	both	both	DET
ajfa-7598	59	5	dividends	dividend	NOUN
ajfa-7598	59	6	and	and	CCONJ
ajfa-7598	59	7	earnings	earning	NOUN
ajfa-7598	59	8	have	have	VERB
ajfa-7598	59	9	ability	ability	NOUN
ajfa-7598	59	10	to	to	PART
ajfa-7598	59	11	predict	predict	VERB
ajfa-7598	59	12	the	the	DET
ajfa-7598	59	13	returns	return	NOUN
ajfa-7598	59	14	and	and	CCONJ
ajfa-7598	59	15	earnings	earning	NOUN
ajfa-7598	59	16	having	have	VERB
ajfa-7598	59	17	information	information	NOUN
ajfa-7598	59	18	because	because	SCONJ
ajfa-7598	59	19	they	they	PRON
ajfa-7598	59	20	are	be	AUX
ajfa-7598	59	21	correlated	correlate	VERB
ajfa-7598	59	22	with	with	ADP
ajfa-7598	59	23	business	business	NOUN
ajfa-7598	59	24	conditions	condition	NOUN
ajfa-7598	59	25	.	.	PUNCT
ajfa-7598	60	1	3	3	X
ajfa-7598	60	2	.	.	X
ajfa-7598	60	3	methodology	methodology	NOUN
ajfa-7598	60	4	&	&	CCONJ
ajfa-7598	60	5	variable	variable	ADJ
ajfa-7598	60	6	construction	construction	NOUN
ajfa-7598	60	7	this	this	DET
ajfa-7598	60	8	study	study	NOUN
ajfa-7598	60	9	is	be	AUX
ajfa-7598	60	10	an	an	DET
ajfa-7598	60	11	effort	effort	NOUN
ajfa-7598	60	12	to	to	PART
ajfa-7598	60	13	explore	explore	VERB
ajfa-7598	60	14	the	the	DET
ajfa-7598	60	15	relationship	relationship	NOUN
ajfa-7598	60	16	between	between	ADP
ajfa-7598	60	17	market	market	NOUN
ajfa-7598	60	18	values	value	NOUN
ajfa-7598	60	19	and	and	CCONJ
ajfa-7598	60	20	accounting	accounting	NOUN
ajfa-7598	60	21	number	number	NOUN
ajfa-7598	60	22	for	for	ADP
ajfa-7598	60	23	the	the	DET
ajfa-7598	60	24	cement	cement	NOUN
ajfa-7598	60	25	industry	industry	NOUN
ajfa-7598	60	26	of	of	ADP
ajfa-7598	60	27	pakistan	pakistan	PROPN
ajfa-7598	60	28	.	.	PUNCT
ajfa-7598	61	1	there	there	PRON
ajfa-7598	61	2	are	be	VERB
ajfa-7598	61	3	22	22	NUM
ajfa-7598	61	4	cement	cement	NOUN
ajfa-7598	61	5	companies	company	NOUN
ajfa-7598	61	6	listed	list	VERB
ajfa-7598	61	7	on	on	ADP
ajfa-7598	61	8	karachi	karachi	PROPN
ajfa-7598	61	9	stock	stock	PROPN
ajfa-7598	61	10	exchange	exchange	PROPN
ajfa-7598	61	11	,	,	PUNCT
ajfa-7598	61	12	we	we	PRON
ajfa-7598	61	13	took	take	VERB
ajfa-7598	61	14	the	the	DET
ajfa-7598	61	15	data	datum	NOUN
ajfa-7598	61	16	of	of	ADP
ajfa-7598	61	17	17	17	NUM
ajfa-7598	61	18	companies	company	NOUN
ajfa-7598	61	19	because	because	SCONJ
ajfa-7598	61	20	rest	rest	NOUN
ajfa-7598	61	21	of	of	ADP
ajfa-7598	61	22	them	they	PRON
ajfa-7598	61	23	did	do	AUX
ajfa-7598	61	24	not	not	PART
ajfa-7598	61	25	provide	provide	VERB
ajfa-7598	61	26	enough	enough	ADJ
ajfa-7598	61	27	information	information	NOUN
ajfa-7598	61	28	.	.	PUNCT
ajfa-7598	62	1	the	the	DET
ajfa-7598	62	2	study	study	NOUN
ajfa-7598	62	3	covers	cover	VERB
ajfa-7598	62	4	a	a	DET
ajfa-7598	62	5	time	time	NOUN
ajfa-7598	62	6	span	span	NOUN
ajfa-7598	62	7	of	of	ADP
ajfa-7598	62	8	2005	2005	NUM
ajfa-7598	62	9	to	to	ADP
ajfa-7598	62	10	2014	2014	NUM
ajfa-7598	62	11	.	.	PUNCT
ajfa-7598	63	1	at	at	ADP
ajfa-7598	63	2	that	that	DET
ajfa-7598	63	3	time	time	NOUN
ajfa-7598	63	4	many	many	ADJ
ajfa-7598	63	5	events	event	NOUN
ajfa-7598	63	6	happened	happen	VERB
ajfa-7598	63	7	as	as	SCONJ
ajfa-7598	63	8	many	many	ADJ
ajfa-7598	63	9	firms	firm	NOUN
ajfa-7598	63	10	get	get	AUX
ajfa-7598	63	11	merged	merge	VERB
ajfa-7598	63	12	,	,	PUNCT
ajfa-7598	63	13	delisted	delist	VERB
ajfa-7598	63	14	etc	etc	X
ajfa-7598	63	15	.	.	X
ajfa-7598	64	1	we	we	PRON
ajfa-7598	64	2	took	take	VERB
ajfa-7598	64	3	the	the	DET
ajfa-7598	64	4	data	datum	NOUN
ajfa-7598	64	5	of	of	ADP
ajfa-7598	64	6	daily	daily	ADJ
ajfa-7598	64	7	prices	price	NOUN
ajfa-7598	64	8	from	from	ADP
ajfa-7598	64	9	the	the	DET
ajfa-7598	64	10	karachi	karachi	PROPN
ajfa-7598	64	11	stock	stock	NOUN
ajfa-7598	64	12	market	market	NOUN
ajfa-7598	64	13	and	and	CCONJ
ajfa-7598	64	14	data	datum	NOUN
ajfa-7598	64	15	of	of	ADP
ajfa-7598	64	16	accounting	accounting	NOUN
ajfa-7598	64	17	returns	return	NOUN
ajfa-7598	64	18	came	come	VERB
ajfa-7598	64	19	from	from	ADP
ajfa-7598	64	20	annual	annual	ADJ
ajfa-7598	64	21	report	report	NOUN
ajfa-7598	64	22	.	.	PUNCT
ajfa-7598	65	1	we	we	PRON
ajfa-7598	65	2	used	use	VERB
ajfa-7598	65	3	market	market	NOUN
ajfa-7598	65	4	prices	price	NOUN
ajfa-7598	65	5	and	and	CCONJ
ajfa-7598	65	6	market	market	NOUN
ajfa-7598	65	7	returns	return	NOUN
ajfa-7598	65	8	as	as	ADP
ajfa-7598	65	9	dependent	dependent	ADJ
ajfa-7598	65	10	variable	variable	NOUN
ajfa-7598	65	11	while	while	SCONJ
ajfa-7598	65	12	book	book	NOUN
ajfa-7598	65	13	value	value	NOUN
ajfa-7598	65	14	per	per	ADP
ajfa-7598	65	15	share	share	NOUN
ajfa-7598	65	16	,	,	PUNCT
ajfa-7598	65	17	earnings	earning	NOUN
ajfa-7598	65	18	per	per	ADP
ajfa-7598	65	19	share	share	NOUN
ajfa-7598	65	20	(	(	PUNCT
ajfa-7598	65	21	eps	eps	PROPN
ajfa-7598	65	22	)	)	PUNCT
ajfa-7598	65	23	,	,	PUNCT
ajfa-7598	65	24	gearing	gear	VERB
ajfa-7598	65	25	ratio	ratio	NOUN
ajfa-7598	65	26	,	,	PUNCT
ajfa-7598	65	27	dividend	dividend	VERB
ajfa-7598	65	28	to	to	ADP
ajfa-7598	65	29	equity	equity	NOUN
ajfa-7598	65	30	ratio	ratio	NOUN
ajfa-7598	65	31	,	,	PUNCT
ajfa-7598	65	32	and	and	CCONJ
ajfa-7598	65	33	breakup	breakup	NOUN
ajfa-7598	65	34	value	value	NOUN
ajfa-7598	65	35	of	of	ADP
ajfa-7598	65	36	shares	share	NOUN
ajfa-7598	65	37	are	be	AUX
ajfa-7598	65	38	taken	take	VERB
ajfa-7598	65	39	as	as	ADP
ajfa-7598	65	40	independent	independent	ADJ
ajfa-7598	65	41	variables	variable	NOUN
ajfa-7598	65	42	.	.	PUNCT
ajfa-7598	66	1	to	to	PART
ajfa-7598	66	2	measure	measure	VERB
ajfa-7598	66	3	the	the	DET
ajfa-7598	66	4	suggested	suggest	VERB
ajfa-7598	66	5	relationship	relationship	NOUN
ajfa-7598	66	6	,	,	PUNCT
ajfa-7598	66	7	we	we	PRON
ajfa-7598	66	8	firstly	firstly	ADV
ajfa-7598	66	9	checked	check	VERB
ajfa-7598	66	10	the	the	DET
ajfa-7598	66	11	significance	significance	NOUN
ajfa-7598	66	12	of	of	ADP
ajfa-7598	66	13	individual	individual	ADJ
ajfa-7598	66	14	variable	variable	NOUN
ajfa-7598	66	15	by	by	ADP
ajfa-7598	66	16	using	use	VERB
ajfa-7598	66	17	the	the	DET
ajfa-7598	66	18	simple	simple	ADJ
ajfa-7598	66	19	regression	regression	NOUN
ajfa-7598	66	20	.	.	PUNCT
ajfa-7598	67	1	after	after	ADP
ajfa-7598	67	2	that	that	PRON
ajfa-7598	67	3	we	we	PRON
ajfa-7598	67	4	include	include	VERB
ajfa-7598	67	5	only	only	ADV
ajfa-7598	67	6	significant	significant	ADJ
ajfa-7598	67	7	variables	variable	NOUN
ajfa-7598	67	8	in	in	ADP
ajfa-7598	67	9	our	our	PRON
ajfa-7598	67	10	final	final	ADJ
ajfa-7598	67	11	model	model	NOUN
ajfa-7598	67	12	and	and	CCONJ
ajfa-7598	67	13	reject	reject	VERB
ajfa-7598	67	14	all	all	DET
ajfa-7598	67	15	insignificant	insignificant	ADJ
ajfa-7598	67	16	ones	one	NOUN
ajfa-7598	67	17	.	.	PUNCT
ajfa-7598	68	1	following	follow	VERB
ajfa-7598	68	2	are	be	AUX
ajfa-7598	68	3	the	the	DET
ajfa-7598	68	4	models	model	NOUN
ajfa-7598	68	5	1	1	NUM
ajfa-7598	68	6	.	.	PUNCT
ajfa-7598	69	1	=	=	AUX
ajfa-7598	69	2	∝	∝	NOUN
ajfa-7598	69	3	+	+	CCONJ
ajfa-7598	69	4	…	…	PUNCT
ajfa-7598	69	5	…	…	PUNCT
ajfa-7598	69	6	…	…	PUNCT
ajfa-7598	69	7	…	…	PUNCT
ajfa-7598	69	8	…	…	PUNCT
ajfa-7598	69	9	…	…	PUNCT
ajfa-7598	69	10	…	…	PUNCT
ajfa-7598	69	11	…	…	PUNCT
ajfa-7598	69	12	…	…	PUNCT
ajfa-7598	69	13	…	…	PUNCT
ajfa-7598	69	14	…	…	PUNCT
ajfa-7598	69	15	…	…	PUNCT
ajfa-7598	69	16	…	…	PUNCT
ajfa-7598	69	17	…	…	PUNCT
ajfa-7598	69	18	…	…	PUNCT
ajfa-7598	69	19	…	…	PUNCT
ajfa-7598	69	20	…	…	PUNCT
ajfa-7598	69	21	…	…	PUNCT
ajfa-7598	69	22	..	..	SYM
ajfa-7598	69	23	1	1	NUM
ajfa-7598	69	24	2	2	NUM
ajfa-7598	69	25	.	.	PUNCT
ajfa-7598	70	1	=	=	PRON
ajfa-7598	70	2	∝	∝	NOUN
ajfa-7598	70	3	+	+	CCONJ
ajfa-7598	70	4	…	…	PUNCT
ajfa-7598	70	5	…	…	PUNCT
ajfa-7598	70	6	…	…	PUNCT
ajfa-7598	70	7	…	…	PUNCT
ajfa-7598	70	8	…	…	PUNCT
ajfa-7598	70	9	…	…	PUNCT
ajfa-7598	70	10	…	…	PUNCT
ajfa-7598	70	11	…	…	PUNCT
ajfa-7598	70	12	…	…	PUNCT
ajfa-7598	70	13	…	…	PUNCT
ajfa-7598	70	14	…	…	PUNCT
ajfa-7598	70	15	…	…	PUNCT
ajfa-7598	70	16	…	…	PUNCT
ajfa-7598	70	17	…	…	PUNCT
ajfa-7598	70	18	…	…	PUNCT
ajfa-7598	70	19	…	…	PUNCT
ajfa-7598	70	20	…	…	PUNCT
ajfa-7598	70	21	…	…	SYM
ajfa-7598	70	22	2	2	NUM
ajfa-7598	70	23	3	3	NUM
ajfa-7598	70	24	.	.	PUNCT
ajfa-7598	71	1	=	=	PRON
ajfa-7598	71	2	∝	∝	NOUN
ajfa-7598	71	3	+	+	CCONJ
ajfa-7598	71	4	…	…	PUNCT
ajfa-7598	71	5	…	…	PUNCT
ajfa-7598	71	6	…	…	PUNCT
ajfa-7598	71	7	…	…	PUNCT
ajfa-7598	71	8	…	…	PUNCT
ajfa-7598	71	9	…	…	PUNCT
ajfa-7598	71	10	…	…	PUNCT
ajfa-7598	71	11	…	…	PUNCT
ajfa-7598	71	12	…	…	PUNCT
ajfa-7598	71	13	…	…	PUNCT
ajfa-7598	71	14	…	…	PUNCT
ajfa-7598	71	15	…	…	PUNCT
ajfa-7598	71	16	…	…	PUNCT
ajfa-7598	71	17	…	…	PUNCT
ajfa-7598	71	18	…	…	PUNCT
ajfa-7598	71	19	…	…	PUNCT
ajfa-7598	71	20	…	…	PUNCT
ajfa-7598	71	21	…	…	PUNCT
ajfa-7598	71	22	…	…	PUNCT
ajfa-7598	71	23	…	…	SYM
ajfa-7598	71	24	.3	.3	NUM
ajfa-7598	71	25	asian	asian	ADJ
ajfa-7598	71	26	journal	journal	NOUN
ajfa-7598	71	27	of	of	ADP
ajfa-7598	71	28	finance	finance	PROPN
ajfa-7598	71	29	&	&	CCONJ
ajfa-7598	71	30	accounting	accounting	PROPN
ajfa-7598	71	31	issn	issn	PROPN
ajfa-7598	71	32	1946	1946	NUM
ajfa-7598	71	33	-	-	PUNCT
ajfa-7598	71	34	052x	052x	NOUN
ajfa-7598	71	35	2015	2015	NUM
ajfa-7598	71	36	,	,	PUNCT
ajfa-7598	71	37	vol	vol	NOUN
ajfa-7598	71	38	.	.	PROPN
ajfa-7598	71	39	7	7	NUM
ajfa-7598	71	40	,	,	PUNCT
ajfa-7598	71	41	no	no	INTJ
ajfa-7598	71	42	.	.	NOUN
ajfa-7598	71	43	1	1	NUM
ajfa-7598	71	44	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-7598	71	45	234	234	NUM
ajfa-7598	71	46	4	4	NUM
ajfa-7598	71	47	.	.	PUNCT
ajfa-7598	72	1	=	=	PRON
ajfa-7598	72	2	∝	∝	X
ajfa-7598	72	3	+	+	X
ajfa-7598	72	4	.	.	PUNCT
ajfa-7598	72	5	.	.	PUNCT
ajfa-7598	73	1	…	…	PUNCT
ajfa-7598	73	2	…	…	PUNCT
ajfa-7598	73	3	…	…	PUNCT
ajfa-7598	73	4	…	…	PUNCT
ajfa-7598	73	5	…	…	PUNCT
ajfa-7598	73	6	…	…	PUNCT
ajfa-7598	73	7	…	…	PUNCT
ajfa-7598	73	8	…	…	PUNCT
ajfa-7598	73	9	…	…	PUNCT
ajfa-7598	73	10	…	…	PUNCT
ajfa-7598	73	11	…	…	PUNCT
ajfa-7598	73	12	…	…	PUNCT
ajfa-7598	73	13	…	…	PUNCT
ajfa-7598	73	14	…	…	PUNCT
ajfa-7598	73	15	…	…	PUNCT
ajfa-7598	73	16	…	…	PUNCT
ajfa-7598	73	17	…	…	PUNCT
ajfa-7598	73	18	…	…	PUNCT
ajfa-7598	73	19	…	…	SYM
ajfa-7598	73	20	4	4	NUM
ajfa-7598	73	21	5	5	NUM
ajfa-7598	73	22	.	.	PUNCT
ajfa-7598	74	1	=	=	PRON
ajfa-7598	74	2	∝	∝	X
ajfa-7598	74	3	+	+	CCONJ
ajfa-7598	74	4	…	…	PUNCT
ajfa-7598	74	5	…	…	PUNCT
ajfa-7598	74	6	…	…	PUNCT
ajfa-7598	74	7	…	…	PUNCT
ajfa-7598	74	8	…	…	PUNCT
ajfa-7598	74	9	…	…	PUNCT
ajfa-7598	74	10	…	…	PUNCT
ajfa-7598	74	11	…	…	PUNCT
ajfa-7598	74	12	…	…	PUNCT
ajfa-7598	74	13	…	…	PUNCT
ajfa-7598	74	14	…	…	PUNCT
ajfa-7598	74	15	…	…	PUNCT
ajfa-7598	74	16	…	…	PUNCT
ajfa-7598	74	17	…	…	PUNCT
ajfa-7598	74	18	…	…	PUNCT
ajfa-7598	74	19	…	…	PUNCT
ajfa-7598	74	20	…	…	PUNCT
ajfa-7598	74	21	…	…	PUNCT
ajfa-7598	74	22	…	…	PUNCT
ajfa-7598	74	23	…	…	SYM
ajfa-7598	74	24	5	5	NUM
ajfa-7598	74	25	where	where	SCONJ
ajfa-7598	74	26	bv	bv	PROPN
ajfa-7598	74	27	=	=	NOUN
ajfa-7598	74	28	book	book	NOUN
ajfa-7598	74	29	value	value	NOUN
ajfa-7598	74	30	per	per	ADP
ajfa-7598	74	31	share	share	NOUN
ajfa-7598	74	32	(	(	PUNCT
ajfa-7598	74	33	bv	bv	PROPN
ajfa-7598	74	34	)	)	PUNCT
ajfa-7598	74	35	,	,	PUNCT
ajfa-7598	74	36	calculated	calculate	VERB
ajfa-7598	74	37	by	by	ADP
ajfa-7598	74	38	bv=	bv=	PROPN
ajfa-7598	74	39	net	net	PROPN
ajfa-7598	74	40	assets/	assets/	PROPN
ajfa-7598	74	41	total	total	NOUN
ajfa-7598	74	42	outstanding	outstanding	ADJ
ajfa-7598	74	43	shares	share	NOUN
ajfa-7598	74	44	brv=	brv=	NUM
ajfa-7598	74	45	breakup	breakup	NOUN
ajfa-7598	74	46	value	value	NOUN
ajfa-7598	74	47	of	of	ADP
ajfa-7598	74	48	shares	share	NOUN
ajfa-7598	74	49	eps=	eps=	PROPN
ajfa-7598	74	50	earnings	earning	NOUN
ajfa-7598	74	51	per	per	ADP
ajfa-7598	74	52	share	share	NOUN
ajfa-7598	74	53	(	(	PUNCT
ajfa-7598	74	54	eps	eps	PROPN
ajfa-7598	74	55	)	)	PUNCT
ajfa-7598	74	56	,	,	PUNCT
ajfa-7598	74	57	is	be	AUX
ajfa-7598	74	58	calculated	calculate	VERB
ajfa-7598	74	59	by	by	ADP
ajfa-7598	74	60	eps=	eps=	PROPN
ajfa-7598	74	61	net	net	ADJ
ajfa-7598	74	62	earnings	earning	NOUN
ajfa-7598	74	63	/	/	SYM
ajfa-7598	74	64	number	number	NOUN
ajfa-7598	74	65	of	of	ADP
ajfa-7598	74	66	outstanding	outstanding	ADJ
ajfa-7598	74	67	shares	share	NOUN
ajfa-7598	74	68	gr=	gr=	NOUN
ajfa-7598	74	69	gearing	gearing	NOUN
ajfa-7598	74	70	ratio	ratio	NOUN
ajfa-7598	74	71	,	,	PUNCT
ajfa-7598	74	72	is	be	AUX
ajfa-7598	74	73	calculated	calculate	VERB
ajfa-7598	74	74	by	by	ADP
ajfa-7598	74	75	gr=	gr=	PROPN
ajfa-7598	74	76	borrowing	borrowing	NOUN
ajfa-7598	74	77	(	(	PUNCT
ajfa-7598	74	78	all	all	DET
ajfa-7598	74	79	long	long	ADJ
ajfa-7598	74	80	-	-	PUNCT
ajfa-7598	74	81	term	term	NOUN
ajfa-7598	74	82	debts	debt	NOUN
ajfa-7598	74	83	+	+	CCONJ
ajfa-7598	74	84	normal	normal	ADJ
ajfa-7598	74	85	overdraft	overdraft	NOUN
ajfa-7598	74	86	)	)	PUNCT
ajfa-7598	74	87	/	/	SYM
ajfa-7598	74	88	net	net	ADJ
ajfa-7598	74	89	assets	asset	NOUN
ajfa-7598	74	90	(	(	PUNCT
ajfa-7598	74	91	or	or	CCONJ
ajfa-7598	74	92	shareholders	shareholder	NOUN
ajfa-7598	74	93	'	'	PART
ajfa-7598	74	94	funds	fund	NOUN
ajfa-7598	74	95	)	)	PUNCT
ajfa-7598	74	96	de=	de=	PROPN
ajfa-7598	74	97	dividend	dividend	NOUN
ajfa-7598	74	98	to	to	ADP
ajfa-7598	74	99	equity	equity	NOUN
ajfa-7598	74	100	ratio	ratio	NOUN
ajfa-7598	74	101	4	4	NUM
ajfa-7598	74	102	.	.	PUNCT
ajfa-7598	75	1	results	result	NOUN
ajfa-7598	75	2	and	and	CCONJ
ajfa-7598	75	3	discussion	discussion	NOUN
ajfa-7598	75	4	asian	asian	ADJ
ajfa-7598	75	5	journal	journal	PROPN
ajfa-7598	75	6	of	of	ADP
ajfa-7598	75	7	finance	finance	PROPN
ajfa-7598	75	8	&	&	CCONJ
ajfa-7598	75	9	accounting	accounting	PROPN
ajfa-7598	75	10	issn	issn	PROPN
ajfa-7598	75	11	1946	1946	NUM
ajfa-7598	75	12	-	-	PUNCT
ajfa-7598	75	13	052x	052x	NOUN
ajfa-7598	75	14	2015	2015	NUM
ajfa-7598	75	15	,	,	PUNCT
ajfa-7598	75	16	vol	vol	NOUN
ajfa-7598	75	17	.	.	PROPN
ajfa-7598	76	1	7	7	NUM
ajfa-7598	76	2	,	,	PUNCT
ajfa-7598	76	3	no	no	INTJ
ajfa-7598	76	4	.	.	NOUN
ajfa-7598	76	5	1	1	NUM
ajfa-7598	76	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-7598	76	7	235	235	NUM
ajfa-7598	76	8	table1	table1	NOUN
ajfa-7598	76	9	.	.	PUNCT
ajfa-7598	77	1	simple	simple	ADJ
ajfa-7598	77	2	regression	regression	NOUN
ajfa-7598	77	3	results	result	VERB
ajfa-7598	77	4	model	model	NOUN
ajfa-7598	77	5	summary	summary	NOUN
ajfa-7598	77	6	model	model	NOUN
ajfa-7598	77	7	r	r	PROPN
ajfa-7598	77	8	r	r	NOUN
ajfa-7598	77	9	square	square	ADJ
ajfa-7598	77	10	adjusted	adjust	VERB
ajfa-7598	77	11	r	r	NOUN
ajfa-7598	77	12	square	square	ADJ
ajfa-7598	77	13	std	std	NOUN
ajfa-7598	77	14	.	.	PUNCT
ajfa-7598	78	1	error	error	NOUN
ajfa-7598	78	2	of	of	ADP
ajfa-7598	78	3	the	the	DET
ajfa-7598	78	4	estimate	estimate	NOUN
ajfa-7598	78	5	1	1	NUM
ajfa-7598	78	6	.478a	.478a	PROPN
ajfa-7598	78	7	0.229	0.229	NUM
ajfa-7598	78	8	0.224	0.224	NUM
ajfa-7598	78	9	26.49714	26.49714	NUM
ajfa-7598	78	10	2	2	NUM
ajfa-7598	78	11	.587a	.587a	NOUN
ajfa-7598	78	12	0.344	0.344	NUM
ajfa-7598	78	13	0.34	0.34	NUM
ajfa-7598	78	14	24.42881	24.42881	NUM
ajfa-7598	78	15	3	3	NUM
ajfa-7598	78	16	.332a	.332a	NOUN
ajfa-7598	78	17	0.11	0.11	NUM
ajfa-7598	78	18	0.105	0.105	NUM
ajfa-7598	78	19	28.45839	28.45839	NUM
ajfa-7598	78	20	4	4	NUM
ajfa-7598	78	21	.082a	.082a	NOUN
ajfa-7598	78	22	0.007	0.007	NUM
ajfa-7598	78	23	0	0	NUM
ajfa-7598	78	24	30.07098	30.07098	NUM
ajfa-7598	78	25	5	5	NUM
ajfa-7598	78	26	.287a	.287a	PROPN
ajfa-7598	78	27	0.083	0.083	NUM
ajfa-7598	78	28	0.077	0.077	NUM
ajfa-7598	78	29	28.89903	28.89903	NUM
ajfa-7598	78	30	a.	a.	NOUN
ajfa-7598	78	31	predictors	predictor	NOUN
ajfa-7598	78	32	:	:	PUNCT
ajfa-7598	78	33	(	(	PUNCT
ajfa-7598	78	34	constant	constant	ADJ
ajfa-7598	78	35	)	)	PUNCT
ajfa-7598	78	36	,	,	PUNCT
ajfa-7598	78	37	book	book	NOUN
ajfa-7598	78	38	value	value	NOUN
ajfa-7598	78	39	coefficients	coefficient	NOUN
ajfa-7598	78	40	model	model	VERB
ajfa-7598	78	41	un	un	PROPN
ajfa-7598	78	42	-	-	ADJ
ajfa-7598	78	43	standadized	standadize	VERB
ajfa-7598	78	44	coefficients	coefficient	NOUN
ajfa-7598	78	45	standadized	standadize	VERB
ajfa-7598	78	46	coefficients	coefficient	NOUN
ajfa-7598	78	47	t	t	PROPN
ajfa-7598	78	48	sig	sig	PROPN
ajfa-7598	78	49	.	.	PUNCT
ajfa-7598	79	1	b	b	SYM
ajfa-7598	79	2	std.error	std.error	NUM
ajfa-7598	79	3	beta	beta	NOUN
ajfa-7598	79	4	1	1	NUM
ajfa-7598	79	5	constant	constant	ADJ
ajfa-7598	79	6	book	book	NOUN
ajfa-7598	79	7	value	value	NOUN
ajfa-7598	79	8	15.573	15.573	NUM
ajfa-7598	79	9	2.796	2.796	NUM
ajfa-7598	79	10	5.569	5.569	NUM
ajfa-7598	79	11	0	0	NUM
ajfa-7598	79	12	0.195	0.195	NUM
ajfa-7598	79	13	0.029	0.029	NUM
ajfa-7598	79	14	0.478	0.478	NUM
ajfa-7598	79	15	6.759	6.759	NUM
ajfa-7598	79	16	0	0	NUM
ajfa-7598	79	17	2	2	NUM
ajfa-7598	79	18	constant	constant	ADJ
ajfa-7598	79	19	break	break	NOUN
ajfa-7598	79	20	value	value	NOUN
ajfa-7598	80	1	18.395	18.395	NUM
ajfa-7598	80	2	2.222	2.222	NUM
ajfa-7598	80	3	1.278	1.278	NUM
ajfa-7598	80	4	0.3	0.3	NUM
ajfa-7598	80	5	0.422	0.422	NUM
ajfa-7598	80	6	0.047	0.047	NUM
ajfa-7598	80	7	0.587	0.587	NUM
ajfa-7598	80	8	0.996	0.996	NUM
ajfa-7598	80	9	0.23	0.23	NUM
ajfa-7598	80	10	3	3	NUM
ajfa-7598	80	11	constant	constant	ADJ
ajfa-7598	80	12	eps	eps	X
ajfa-7598	80	13	27.808	27.808	NUM
ajfa-7598	80	14	2.279	2.279	NUM
ajfa-7598	80	15	12.204	12.204	NUM
ajfa-7598	80	16	0	0	NUM
ajfa-7598	80	17	1.325	1.325	NUM
ajfa-7598	80	18	0.303	0.303	NUM
ajfa-7598	80	19	0.332	0.332	NUM
ajfa-7598	80	20	4.371	4.371	NUM
ajfa-7598	80	21	0	0	NUM
ajfa-7598	80	22	4	4	NUM
ajfa-7598	80	23	constant	constant	ADJ
ajfa-7598	80	24	gr	gr	ADP
ajfa-7598	80	25	27.857	27.857	NUM
ajfa-7598	80	26	2.408	2.408	NUM
ajfa-7598	80	27	11.57	11.57	NUM
ajfa-7598	80	28	0	0	NUM
ajfa-7598	80	29	0.009	0.009	NUM
ajfa-7598	80	30	0.009	0.009	NUM
ajfa-7598	80	31	0.082	0.082	NUM
ajfa-7598	80	32	1.02	1.02	NUM
ajfa-7598	80	33	0.309	0.309	NUM
ajfa-7598	80	34	5	5	NUM
ajfa-7598	80	35	constant	constant	ADJ
ajfa-7598	80	36	de	de	ADP
ajfa-7598	80	37	24.298	24.298	NUM
ajfa-7598	80	38	2.506	2.506	NUM
ajfa-7598	80	39	9.695	9.695	NUM
ajfa-7598	80	40	0	0	NUM
ajfa-7598	80	41	1.338	1.338	NUM
ajfa-7598	80	42	0.359	0.359	NUM
ajfa-7598	80	43	3.724	3.724	NUM
ajfa-7598	80	44	0.724	0.724	NUM
ajfa-7598	80	45	0.16	0.16	NUM
ajfa-7598	80	46	a	a	DET
ajfa-7598	80	47	dependent	dependent	ADJ
ajfa-7598	80	48	variable	variable	NOUN
ajfa-7598	80	49	:	:	PUNCT
ajfa-7598	80	50	yearly	yearly	ADJ
ajfa-7598	80	51	average	average	ADJ
ajfa-7598	80	52	market	market	NOUN
ajfa-7598	80	53	price	price	NOUN
ajfa-7598	80	54	anova	anova	PROPN
ajfa-7598	80	55	model	model	PROPN
ajfa-7598	80	56	sum	sum	NOUN
ajfa-7598	80	57	of	of	ADP
ajfa-7598	80	58	squares	square	NOUN
ajfa-7598	80	59	df	df	PROPN
ajfa-7598	80	60	mean	mean	PROPN
ajfa-7598	80	61	square	square	PROPN
ajfa-7598	80	62	f	f	PROPN
ajfa-7598	80	63	sig	sig	PROPN
ajfa-7598	80	64	.	.	PROPN
ajfa-7598	80	65	1	1	NUM
ajfa-7598	80	66	regression	regression	NOUN
ajfa-7598	80	67	32074.14	32074.14	NUM
ajfa-7598	80	68	1	1	NUM
ajfa-7598	80	69	32074.15	32074.15	NUM
ajfa-7598	80	70	45.683	45.683	NUM
ajfa-7598	80	71	0	0	NUM
ajfa-7598	80	72	residual	residual	ADJ
ajfa-7598	80	73	108123.131	108123.131	NUM
ajfa-7598	80	74	154	154	NUM
ajfa-7598	80	75	702.098	702.098	NUM
ajfa-7598	80	76	total	total	NOUN
ajfa-7598	80	77	140197.271	140197.271	NUM
ajfa-7598	80	78	155	155	NUM
ajfa-7598	80	79	3	3	NUM
ajfa-7598	80	80	regression	regression	NOUN
ajfa-7598	80	81	15475.77	15475.77	NUM
ajfa-7598	80	82	1	1	NUM
ajfa-7598	80	83	15475.77	15475.77	NUM
ajfa-7598	80	84	19.109	19.109	NUM
ajfa-7598	80	85	.000a	.000a	NOUN
ajfa-7598	80	86	residual	residual	ADJ
ajfa-7598	80	87	124721.5	124721.5	NUM
ajfa-7598	80	88	154	154	NUM
ajfa-7598	80	89	809.88	809.88	NUM
ajfa-7598	80	90	total	total	NOUN
ajfa-7598	80	91	140197.271	140197.271	NUM
ajfa-7598	80	92	155	155	NUM
ajfa-7598	80	93	the	the	DET
ajfa-7598	80	94	above	above	ADJ
ajfa-7598	80	95	posed	pose	VERB
ajfa-7598	80	96	tables	table	NOUN
ajfa-7598	80	97	describe	describe	VERB
ajfa-7598	80	98	the	the	DET
ajfa-7598	80	99	linear	linear	ADJ
ajfa-7598	80	100	regression	regression	NOUN
ajfa-7598	80	101	results	result	NOUN
ajfa-7598	80	102	of	of	ADP
ajfa-7598	80	103	the	the	DET
ajfa-7598	80	104	suggested	suggest	VERB
ajfa-7598	80	105	models	model	NOUN
ajfa-7598	80	106	.	.	PUNCT
ajfa-7598	81	1	anova	anova	PROPN
ajfa-7598	81	2	table	table	NOUN
ajfa-7598	81	3	indicating	indicate	VERB
ajfa-7598	81	4	that	that	SCONJ
ajfa-7598	81	5	model	model	NOUN
ajfa-7598	81	6	1	1	NUM
ajfa-7598	81	7	and	and	CCONJ
ajfa-7598	81	8	model	model	NOUN
ajfa-7598	81	9	3	3	NUM
ajfa-7598	81	10	are	be	AUX
ajfa-7598	81	11	overall	overall	ADV
ajfa-7598	81	12	significant	significant	ADJ
ajfa-7598	81	13	at	at	ADP
ajfa-7598	81	14	alpha	alpha	NOUN
ajfa-7598	81	15	1	1	NUM
ajfa-7598	81	16	%	%	NOUN
ajfa-7598	81	17	5	5	NUM
ajfa-7598	81	18	%	%	NOUN
ajfa-7598	81	19	and	and	CCONJ
ajfa-7598	81	20	10	10	NUM
ajfa-7598	81	21	%	%	NOUN
ajfa-7598	81	22	.	.	PUNCT
ajfa-7598	82	1	model	model	NOUN
ajfa-7598	82	2	summary	summary	NOUN
ajfa-7598	82	3	disseminates	disseminate	VERB
ajfa-7598	82	4	the	the	DET
ajfa-7598	82	5	information	information	NOUN
ajfa-7598	82	6	of	of	ADP
ajfa-7598	82	7	adjusted	adjust	VERB
ajfa-7598	82	8	r	r	NOUN
ajfa-7598	82	9	-	-	PUNCT
ajfa-7598	82	10	squares	square	NOUN
ajfa-7598	82	11	of	of	ADP
ajfa-7598	82	12	model	model	NOUN
ajfa-7598	82	13	.	.	PUNCT
ajfa-7598	83	1	this	this	DET
ajfa-7598	83	2	summary	summary	NOUN
ajfa-7598	83	3	shows	show	VERB
ajfa-7598	83	4	that	that	SCONJ
ajfa-7598	83	5	model	model	NOUN
ajfa-7598	83	6	1	1	NUM
ajfa-7598	83	7	adjusted	adjust	VERB
ajfa-7598	83	8	r	r	NOUN
ajfa-7598	83	9	-	-	PUNCT
ajfa-7598	83	10	square	square	NOUN
ajfa-7598	83	11	is	be	AUX
ajfa-7598	83	12	22.2	22.2	NUM
ajfa-7598	83	13	percent	percent	NOUN
ajfa-7598	83	14	while	while	SCONJ
ajfa-7598	83	15	for	for	ADP
ajfa-7598	83	16	the	the	DET
ajfa-7598	83	17	model	model	NOUN
ajfa-7598	83	18	3	3	NUM
ajfa-7598	83	19	,	,	PUNCT
ajfa-7598	83	20	asian	asian	ADJ
ajfa-7598	83	21	journal	journal	NOUN
ajfa-7598	83	22	of	of	ADP
ajfa-7598	83	23	finance	finance	PROPN
ajfa-7598	83	24	&	&	CCONJ
ajfa-7598	83	25	accounting	accounting	PROPN
ajfa-7598	83	26	issn	issn	PROPN
ajfa-7598	83	27	1946	1946	NUM
ajfa-7598	83	28	-	-	PUNCT
ajfa-7598	83	29	052x	052x	NOUN
ajfa-7598	83	30	2015	2015	NUM
ajfa-7598	83	31	,	,	PUNCT
ajfa-7598	83	32	vol	vol	NOUN
ajfa-7598	83	33	.	.	PROPN
ajfa-7598	83	34	7	7	NUM
ajfa-7598	83	35	,	,	PUNCT
ajfa-7598	83	36	no	no	INTJ
ajfa-7598	83	37	.	.	NOUN
ajfa-7598	83	38	1	1	NUM
ajfa-7598	83	39	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-7598	83	40	236	236	NUM
ajfa-7598	83	41	is	be	AUX
ajfa-7598	83	42	10.5	10.5	NUM
ajfa-7598	83	43	%	%	NOUN
ajfa-7598	83	44	.	.	PUNCT
ajfa-7598	84	1	we	we	PRON
ajfa-7598	84	2	discuss	discuss	VERB
ajfa-7598	84	3	only	only	ADV
ajfa-7598	84	4	the	the	DET
ajfa-7598	84	5	significant	significant	ADJ
ajfa-7598	84	6	model	model	NOUN
ajfa-7598	84	7	and	and	CCONJ
ajfa-7598	84	8	excluded	exclude	VERB
ajfa-7598	84	9	all	all	DET
ajfa-7598	84	10	the	the	DET
ajfa-7598	84	11	insignificant	insignificant	ADJ
ajfa-7598	84	12	models	model	NOUN
ajfa-7598	84	13	.	.	PUNCT
ajfa-7598	85	1	coefficient	coefficient	NOUN
ajfa-7598	85	2	table	table	NOUN
ajfa-7598	85	3	displays	display	VERB
ajfa-7598	85	4	that	that	PRON
ajfa-7598	85	5	book	book	NOUN
ajfa-7598	85	6	value	value	NOUN
ajfa-7598	85	7	have	have	VERB
ajfa-7598	85	8	significant	significant	ADJ
ajfa-7598	85	9	positive	positive	ADJ
ajfa-7598	85	10	influence	influence	NOUN
ajfa-7598	85	11	on	on	ADP
ajfa-7598	85	12	the	the	DET
ajfa-7598	85	13	market	market	NOUN
ajfa-7598	85	14	prices	price	NOUN
ajfa-7598	85	15	of	of	ADP
ajfa-7598	85	16	the	the	DET
ajfa-7598	85	17	cement	cement	NOUN
ajfa-7598	85	18	industry	industry	NOUN
ajfa-7598	85	19	of	of	ADP
ajfa-7598	85	20	pakistan	pakistan	PROPN
ajfa-7598	85	21	.	.	PUNCT
ajfa-7598	86	1	model	model	NOUN
ajfa-7598	86	2	3	3	NUM
ajfa-7598	86	3	that	that	PRON
ajfa-7598	86	4	states	state	VERB
ajfa-7598	86	5	that	that	SCONJ
ajfa-7598	86	6	earning	earn	VERB
ajfa-7598	86	7	per	per	ADP
ajfa-7598	86	8	share	share	NOUN
ajfa-7598	86	9	is	be	AUX
ajfa-7598	86	10	contributing	contribute	VERB
ajfa-7598	86	11	positively	positively	ADV
ajfa-7598	86	12	in	in	ADP
ajfa-7598	86	13	the	the	DET
ajfa-7598	86	14	market	market	NOUN
ajfa-7598	86	15	price	price	NOUN
ajfa-7598	86	16	,	,	PUNCT
ajfa-7598	86	17	the	the	DET
ajfa-7598	86	18	coefficient	coefficient	NOUN
ajfa-7598	86	19	of	of	ADP
ajfa-7598	86	20	earning	earn	VERB
ajfa-7598	86	21	per	per	ADP
ajfa-7598	86	22	share	share	NOUN
ajfa-7598	86	23	in	in	ADP
ajfa-7598	86	24	coefficient	coefficient	NOUN
ajfa-7598	86	25	table	table	NOUN
ajfa-7598	86	26	gave	give	VERB
ajfa-7598	86	27	us	we	PRON
ajfa-7598	86	28	the	the	DET
ajfa-7598	86	29	expected	expect	VERB
ajfa-7598	86	30	relationship	relationship	NOUN
ajfa-7598	86	31	,	,	PUNCT
ajfa-7598	86	32	that	that	SCONJ
ajfa-7598	86	33	earning	earn	VERB
ajfa-7598	86	34	per	per	ADP
ajfa-7598	86	35	share	share	NOUN
ajfa-7598	86	36	is	be	AUX
ajfa-7598	86	37	positively	positively	ADV
ajfa-7598	86	38	contributing	contribute	VERB
ajfa-7598	86	39	in	in	ADP
ajfa-7598	86	40	the	the	DET
ajfa-7598	86	41	market	market	NOUN
ajfa-7598	86	42	prices	price	NOUN
ajfa-7598	86	43	that	that	PRON
ajfa-7598	86	44	is	be	AUX
ajfa-7598	86	45	consistent	consistent	ADJ
ajfa-7598	86	46	with	with	ADP
ajfa-7598	86	47	the	the	DET
ajfa-7598	86	48	prior	prior	ADJ
ajfa-7598	86	49	studies	study	NOUN
ajfa-7598	86	50	as	as	ADP
ajfa-7598	86	51	(	(	PUNCT
ajfa-7598	86	52	seetharaman	seetharaman	NOUN
ajfa-7598	86	53	&	&	CCONJ
ajfa-7598	86	54	rudolph	rudolph	PROPN
ajfa-7598	86	55	,	,	PUNCT
ajfa-7598	86	56	2010	2010	NUM
ajfa-7598	86	57	)	)	PUNCT
ajfa-7598	86	58	.	.	PUNCT
ajfa-7598	87	1	after	after	ADP
ajfa-7598	87	2	checking	check	VERB
ajfa-7598	87	3	the	the	DET
ajfa-7598	87	4	significance	significance	NOUN
ajfa-7598	87	5	of	of	ADP
ajfa-7598	87	6	the	the	DET
ajfa-7598	87	7	individual	individual	ADJ
ajfa-7598	87	8	variable	variable	NOUN
ajfa-7598	87	9	we	we	PRON
ajfa-7598	87	10	test	test	VERB
ajfa-7598	87	11	the	the	DET
ajfa-7598	87	12	influence	influence	NOUN
ajfa-7598	87	13	of	of	ADP
ajfa-7598	87	14	all	all	DET
ajfa-7598	87	15	significant	significant	ADJ
ajfa-7598	87	16	variables	variable	NOUN
ajfa-7598	87	17	together	together	ADV
ajfa-7598	87	18	with	with	ADP
ajfa-7598	87	19	the	the	DET
ajfa-7598	87	20	help	help	NOUN
ajfa-7598	87	21	of	of	ADP
ajfa-7598	87	22	linear	linear	ADJ
ajfa-7598	87	23	regression	regression	NOUN
ajfa-7598	87	24	analysis	analysis	NOUN
ajfa-7598	87	25	.	.	PUNCT
ajfa-7598	88	1	from	from	ADP
ajfa-7598	88	2	the	the	DET
ajfa-7598	88	3	above	above	ADJ
ajfa-7598	88	4	results	result	NOUN
ajfa-7598	88	5	we	we	PRON
ajfa-7598	88	6	conclude	conclude	VERB
ajfa-7598	88	7	that	that	DET
ajfa-7598	88	8	book	book	NOUN
ajfa-7598	88	9	values	value	NOUN
ajfa-7598	88	10	and	and	CCONJ
ajfa-7598	88	11	earnings	earning	NOUN
ajfa-7598	88	12	per	per	ADP
ajfa-7598	88	13	share	share	NOUN
ajfa-7598	88	14	are	be	AUX
ajfa-7598	88	15	only	only	ADV
ajfa-7598	88	16	two	two	NUM
ajfa-7598	88	17	variables	variable	NOUN
ajfa-7598	88	18	that	that	PRON
ajfa-7598	88	19	influence	influence	NOUN
ajfa-7598	88	20	market	market	NOUN
ajfa-7598	88	21	price	price	NOUN
ajfa-7598	88	22	significantly	significantly	ADV
ajfa-7598	88	23	,	,	PUNCT
ajfa-7598	88	24	so	so	CCONJ
ajfa-7598	88	25	in	in	ADP
ajfa-7598	88	26	the	the	DET
ajfa-7598	88	27	coming	come	VERB
ajfa-7598	88	28	results	result	NOUN
ajfa-7598	88	29	we	we	PRON
ajfa-7598	88	30	checked	check	VERB
ajfa-7598	88	31	their	their	PRON
ajfa-7598	88	32	impact	impact	NOUN
ajfa-7598	88	33	together	together	ADV
ajfa-7598	88	34	.	.	PUNCT
ajfa-7598	89	1	we	we	PRON
ajfa-7598	89	2	develop	develop	VERB
ajfa-7598	89	3	following	follow	VERB
ajfa-7598	89	4	model	model	NOUN
ajfa-7598	89	5	mp=	mp=	PROPN
ajfa-7598	89	6	+	+	CCONJ
ajfa-7598	89	7	β	β	NUM
ajfa-7598	89	8	b.v	b.v	PROPN
ajfa-7598	89	9	bv	bv	PROPN
ajfa-7598	89	10	βeps	βeps	PROPN
ajfa-7598	89	11	eps	eps	PROPN
ajfa-7598	89	12	…	…	PROPN
ajfa-7598	89	13	…	…	PUNCT
ajfa-7598	89	14	…	…	PUNCT
ajfa-7598	89	15	…	…	PUNCT
ajfa-7598	89	16	…	…	PUNCT
ajfa-7598	89	17	…	…	PUNCT
ajfa-7598	89	18	…	…	PUNCT
ajfa-7598	89	19	…	…	PUNCT
ajfa-7598	89	20	…	…	PUNCT
ajfa-7598	89	21	…	…	PUNCT
ajfa-7598	89	22	…	…	PUNCT
ajfa-7598	89	23	…	…	PUNCT
ajfa-7598	89	24	…	…	PUNCT
ajfa-7598	89	25	…	…	PUNCT
ajfa-7598	89	26	…	…	PUNCT
ajfa-7598	89	27	6	6	NUM
ajfa-7598	89	28	where	where	SCONJ
ajfa-7598	89	29	mp	mp	NOUN
ajfa-7598	89	30	=	=	NOUN
ajfa-7598	89	31	market	market	NOUN
ajfa-7598	89	32	price	price	NOUN
ajfa-7598	89	33	bv=	bv=	NOUN
ajfa-7598	89	34	book	book	NOUN
ajfa-7598	89	35	value	value	NOUN
ajfa-7598	89	36	eps=	eps=	PROPN
ajfa-7598	89	37	earnings	earning	NOUN
ajfa-7598	89	38	per	per	ADP
ajfa-7598	89	39	share	share	NOUN
ajfa-7598	89	40	table	table	NOUN
ajfa-7598	89	41	2	2	NUM
ajfa-7598	89	42	.	.	PUNCT
ajfa-7598	90	1	regression	regression	NOUN
ajfa-7598	90	2	analysis	analysis	NOUN
ajfa-7598	90	3	reveals	reveal	VERB
ajfa-7598	90	4	following	follow	VERB
ajfa-7598	90	5	results	result	NOUN
ajfa-7598	90	6	model	model	NOUN
ajfa-7598	90	7	r	r	NOUN
ajfa-7598	90	8	r	r	NOUN
ajfa-7598	90	9	square	square	ADJ
ajfa-7598	90	10	adjusted	adjust	VERB
ajfa-7598	90	11	r	r	NOUN
ajfa-7598	90	12	square	square	ADJ
ajfa-7598	90	13	std.error	std.error	PROPN
ajfa-7598	91	1	.650a	.650a	PROPN
ajfa-7598	91	2	0.422	0.422	NUM
ajfa-7598	91	3	0.415	0.415	NUM
ajfa-7598	91	4	23.01061	23.01061	NUM
ajfa-7598	91	5	model	model	NOUN
ajfa-7598	91	6	sum	sum	NOUN
ajfa-7598	91	7	of	of	ADP
ajfa-7598	91	8	squares	square	NOUN
ajfa-7598	91	9	df	df	PROPN
ajfa-7598	91	10	mean	mean	PROPN
ajfa-7598	91	11	square	square	PROPN
ajfa-7598	91	12	f	f	PROPN
ajfa-7598	91	13	sig	sig	PROPN
ajfa-7598	91	14	.	.	PUNCT
ajfa-7598	92	1	regression	regression	VERB
ajfa-7598	92	2	59185.6	59185.6	NUM
ajfa-7598	92	3	2	2	NUM
ajfa-7598	92	4	29592.8	29592.8	NUM
ajfa-7598	92	5	55.889	55.889	NUM
ajfa-7598	92	6	.000a	.000a	PROPN
ajfa-7598	92	7	residual	residual	ADJ
ajfa-7598	92	8	81011.67	81011.67	NUM
ajfa-7598	92	9	153	153	NUM
ajfa-7598	92	10	529.488	529.488	NUM
ajfa-7598	92	11	total	total	NOUN
ajfa-7598	92	12	140197.3	140197.3	NUM
ajfa-7598	92	13	155	155	NUM
ajfa-7598	92	14	coefficients	coefficient	NOUN
ajfa-7598	92	15	model	model	NOUN
ajfa-7598	92	16	un	un	PROPN
ajfa-7598	92	17	-	-	ADJ
ajfa-7598	92	18	standadized	standadize	VERB
ajfa-7598	92	19	coefficients	coefficient	NOUN
ajfa-7598	92	20	standadized	standadize	VERB
ajfa-7598	92	21	coefficients	coefficient	NOUN
ajfa-7598	92	22	t	t	PROPN
ajfa-7598	92	23	sig	sig	PROPN
ajfa-7598	92	24	.	.	PUNCT
ajfa-7598	93	1	b	b	SYM
ajfa-7598	93	2	std.error	std.error	NUM
ajfa-7598	93	3	beta	beta	NOUN
ajfa-7598	93	4	(	(	PUNCT
ajfa-7598	93	5	constant	constant	ADJ
ajfa-7598	93	6	)	)	PUNCT
ajfa-7598	93	7	13.096	13.096	NUM
ajfa-7598	93	8	2.453	2.453	NUM
ajfa-7598	93	9	5.339	5.339	NUM
ajfa-7598	93	10	0	0	NUM
ajfa-7598	93	11	book	book	NOUN
ajfa-7598	93	12	value	value	NOUN
ajfa-7598	93	13	0.232	0.232	NUM
ajfa-7598	93	14	0.026	0.026	NUM
ajfa-7598	93	15	0.571	0.571	NUM
ajfa-7598	93	16	9.086	9.086	NUM
ajfa-7598	93	17	0	0	NUM
ajfa-7598	93	18	earnings	earning	NOUN
ajfa-7598	93	19	per	per	ADP
ajfa-7598	93	20	share	share	NOUN
ajfa-7598	93	21	1.792	1.792	NUM
ajfa-7598	93	22	0.25	0.25	NUM
ajfa-7598	93	23	0.449	0.449	NUM
ajfa-7598	93	24	7.156	7.156	NUM
ajfa-7598	93	25	0	0	NUM
ajfa-7598	93	26	asian	asian	ADJ
ajfa-7598	93	27	journal	journal	NOUN
ajfa-7598	93	28	of	of	ADP
ajfa-7598	93	29	finance	finance	PROPN
ajfa-7598	93	30	&	&	CCONJ
ajfa-7598	93	31	accounting	accounting	PROPN
ajfa-7598	93	32	issn	issn	PROPN
ajfa-7598	93	33	1946	1946	NUM
ajfa-7598	93	34	-	-	PUNCT
ajfa-7598	93	35	052x	052x	NOUN
ajfa-7598	93	36	2015	2015	NUM
ajfa-7598	93	37	,	,	PUNCT
ajfa-7598	93	38	vol	vol	NOUN
ajfa-7598	93	39	.	.	PROPN
ajfa-7598	93	40	7	7	NUM
ajfa-7598	93	41	,	,	PUNCT
ajfa-7598	93	42	no	no	INTJ
ajfa-7598	93	43	.	.	NOUN
ajfa-7598	93	44	1	1	NUM
ajfa-7598	93	45	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-7598	93	46	237	237	NUM
ajfa-7598	93	47	the	the	DET
ajfa-7598	93	48	summary	summary	NOUN
ajfa-7598	93	49	of	of	ADP
ajfa-7598	93	50	the	the	DET
ajfa-7598	93	51	model	model	NOUN
ajfa-7598	93	52	represents	represent	VERB
ajfa-7598	93	53	that	that	SCONJ
ajfa-7598	93	54	overall	overall	ADJ
ajfa-7598	93	55	model	model	NOUN
ajfa-7598	93	56	is	be	AUX
ajfa-7598	93	57	healthy	healthy	ADJ
ajfa-7598	93	58	with	with	ADP
ajfa-7598	93	59	the	the	DET
ajfa-7598	93	60	adjusted	adjusted	ADJ
ajfa-7598	93	61	r	r	NOUN
ajfa-7598	93	62	-	-	PUNCT
ajfa-7598	93	63	square	square	ADJ
ajfa-7598	93	64	0.41	0.41	NUM
ajfa-7598	93	65	percent	percent	NOUN
ajfa-7598	93	66	.	.	PUNCT
ajfa-7598	94	1	overall	overall	ADJ
ajfa-7598	94	2	model	model	NOUN
ajfa-7598	94	3	is	be	AUX
ajfa-7598	94	4	significant	significant	ADJ
ajfa-7598	94	5	at	at	ADP
ajfa-7598	94	6	even	even	ADV
ajfa-7598	94	7	at	at	ADP
ajfa-7598	94	8	1	1	NUM
ajfa-7598	94	9	%	%	NOUN
ajfa-7598	94	10	.	.	PUNCT
ajfa-7598	95	1	model	model	PROPN
ajfa-7598	95	2	represent	represent	VERB
ajfa-7598	95	3	that	that	SCONJ
ajfa-7598	95	4	there	there	PRON
ajfa-7598	95	5	is	be	VERB
ajfa-7598	95	6	a	a	DET
ajfa-7598	95	7	significant	significant	ADJ
ajfa-7598	95	8	relationship	relationship	NOUN
ajfa-7598	95	9	between	between	ADP
ajfa-7598	95	10	market	market	NOUN
ajfa-7598	95	11	value	value	NOUN
ajfa-7598	95	12	and	and	CCONJ
ajfa-7598	95	13	accounting	accounting	NOUN
ajfa-7598	95	14	numbers	number	NOUN
ajfa-7598	95	15	of	of	ADP
ajfa-7598	95	16	firms	firm	NOUN
ajfa-7598	95	17	evident	evident	ADJ
ajfa-7598	95	18	with	with	ADP
ajfa-7598	95	19	(	(	PUNCT
ajfa-7598	95	20	0.233	0.233	NUM
ajfa-7598	95	21	,	,	PUNCT
ajfa-7598	95	22	0.000	0.000	NUM
ajfa-7598	95	23	)	)	PUNCT
ajfa-7598	95	24	which	which	PRON
ajfa-7598	95	25	is	be	AUX
ajfa-7598	95	26	consistent	consistent	ADJ
ajfa-7598	95	27	with	with	ADP
ajfa-7598	95	28	the	the	DET
ajfa-7598	95	29	same	same	ADJ
ajfa-7598	95	30	line	line	NOUN
ajfa-7598	95	31	as	as	ADP
ajfa-7598	95	32	(	(	PUNCT
ajfa-7598	95	33	willett	willett	PROPN
ajfa-7598	95	34	&	&	CCONJ
ajfa-7598	95	35	peare	peare	PROPN
ajfa-7598	95	36	,	,	PUNCT
ajfa-7598	95	37	2000	2000	NUM
ajfa-7598	95	38	)	)	PUNCT
ajfa-7598	95	39	and	and	CCONJ
ajfa-7598	95	40	graham	graham	PROPN
ajfa-7598	95	41	and	and	CCONJ
ajfa-7598	95	42	king	king	NOUN
ajfa-7598	95	43	(	(	PUNCT
ajfa-7598	95	44	2000	2000	NUM
ajfa-7598	95	45	)	)	PUNCT
ajfa-7598	95	46	.	.	PUNCT
ajfa-7598	96	1	meanwhile	meanwhile	ADV
ajfa-7598	96	2	earning	earn	VERB
ajfa-7598	96	3	per	per	ADP
ajfa-7598	96	4	share	share	NOUN
ajfa-7598	96	5	could	could	AUX
ajfa-7598	96	6	be	be	AUX
ajfa-7598	96	7	used	use	VERB
ajfa-7598	96	8	to	to	PART
ajfa-7598	96	9	predict	predict	VERB
ajfa-7598	96	10	the	the	DET
ajfa-7598	96	11	market	market	NOUN
ajfa-7598	96	12	price	price	NOUN
ajfa-7598	96	13	explained	explain	VERB
ajfa-7598	96	14	by	by	ADP
ajfa-7598	96	15	(	(	PUNCT
ajfa-7598	96	16	1.792	1.792	NUM
ajfa-7598	96	17	,	,	PUNCT
ajfa-7598	96	18	0.000	0.000	NUM
ajfa-7598	96	19	)	)	PUNCT
ajfa-7598	96	20	in	in	ADP
ajfa-7598	96	21	the	the	DET
ajfa-7598	96	22	coefficient	coefficient	NOUN
ajfa-7598	96	23	table	table	NOUN
ajfa-7598	96	24	.	.	PUNCT
ajfa-7598	97	1	5	5	X
ajfa-7598	97	2	.	.	X
ajfa-7598	97	3	conclusion	conclusion	NOUN
ajfa-7598	97	4	this	this	DET
ajfa-7598	97	5	study	study	NOUN
ajfa-7598	97	6	is	be	AUX
ajfa-7598	97	7	an	an	DET
ajfa-7598	97	8	effort	effort	NOUN
ajfa-7598	97	9	to	to	PART
ajfa-7598	97	10	investigate	investigate	VERB
ajfa-7598	97	11	the	the	DET
ajfa-7598	97	12	relationship	relationship	NOUN
ajfa-7598	97	13	between	between	ADP
ajfa-7598	97	14	the	the	DET
ajfa-7598	97	15	market	market	NOUN
ajfa-7598	97	16	value	value	NOUN
ajfa-7598	97	17	and	and	CCONJ
ajfa-7598	97	18	accounting	accounting	NOUN
ajfa-7598	97	19	numbers	number	NOUN
ajfa-7598	97	20	of	of	ADP
ajfa-7598	97	21	cement	cement	NOUN
ajfa-7598	97	22	firms	firm	NOUN
ajfa-7598	97	23	.	.	PUNCT
ajfa-7598	98	1	investors	investor	NOUN
ajfa-7598	98	2	always	always	ADV
ajfa-7598	98	3	try	try	VERB
ajfa-7598	98	4	to	to	PART
ajfa-7598	98	5	predict	predict	VERB
ajfa-7598	98	6	the	the	DET
ajfa-7598	98	7	market	market	NOUN
ajfa-7598	98	8	prices	price	NOUN
ajfa-7598	98	9	to	to	PART
ajfa-7598	98	10	maximize	maximize	VERB
ajfa-7598	98	11	their	their	PRON
ajfa-7598	98	12	returns	return	NOUN
ajfa-7598	98	13	.	.	PUNCT
ajfa-7598	99	1	many	many	ADJ
ajfa-7598	99	2	researchers	researcher	NOUN
ajfa-7598	99	3	,	,	PUNCT
ajfa-7598	99	4	practitioner	practitioner	NOUN
ajfa-7598	99	5	and	and	CCONJ
ajfa-7598	99	6	investors	investor	NOUN
ajfa-7598	99	7	have	have	AUX
ajfa-7598	99	8	tried	try	VERB
ajfa-7598	99	9	to	to	PART
ajfa-7598	99	10	predict	predict	VERB
ajfa-7598	99	11	the	the	DET
ajfa-7598	99	12	market	market	NOUN
ajfa-7598	99	13	prices	price	NOUN
ajfa-7598	99	14	with	with	ADP
ajfa-7598	99	15	different	different	ADJ
ajfa-7598	99	16	methods	method	NOUN
ajfa-7598	99	17	and	and	CCONJ
ajfa-7598	99	18	variables	variable	NOUN
ajfa-7598	99	19	.	.	PUNCT
ajfa-7598	100	1	but	but	CCONJ
ajfa-7598	100	2	even	even	ADV
ajfa-7598	100	3	though	though	SCONJ
ajfa-7598	100	4	extensive	extensive	ADJ
ajfa-7598	100	5	body	body	NOUN
ajfa-7598	100	6	of	of	ADP
ajfa-7598	100	7	literature	literature	NOUN
ajfa-7598	100	8	in	in	ADP
ajfa-7598	100	9	this	this	DET
ajfa-7598	100	10	issue	issue	NOUN
ajfa-7598	100	11	is	be	AUX
ajfa-7598	100	12	available	available	ADJ
ajfa-7598	100	13	,	,	PUNCT
ajfa-7598	100	14	but	but	CCONJ
ajfa-7598	100	15	still	still	ADV
ajfa-7598	100	16	unsolved	unsolved	ADJ
ajfa-7598	100	17	issue	issue	NOUN
ajfa-7598	100	18	and	and	CCONJ
ajfa-7598	100	19	requires	require	VERB
ajfa-7598	100	20	more	more	ADJ
ajfa-7598	100	21	research	research	NOUN
ajfa-7598	100	22	.	.	PUNCT
ajfa-7598	101	1	that	that	PRON
ajfa-7598	101	2	’s	’	VERB
ajfa-7598	101	3	why	why	SCONJ
ajfa-7598	101	4	we	we	PRON
ajfa-7598	101	5	try	try	VERB
ajfa-7598	101	6	to	to	PART
ajfa-7598	101	7	contribute	contribute	VERB
ajfa-7598	101	8	in	in	ADP
ajfa-7598	101	9	this	this	DET
ajfa-7598	101	10	issue	issue	NOUN
ajfa-7598	101	11	in	in	ADP
ajfa-7598	101	12	pakistani	pakistani	ADJ
ajfa-7598	101	13	case	case	NOUN
ajfa-7598	101	14	.	.	PUNCT
ajfa-7598	102	1	firstly	firstly	ADV
ajfa-7598	102	2	we	we	PRON
ajfa-7598	102	3	suggested	suggest	VERB
ajfa-7598	102	4	five	five	NUM
ajfa-7598	102	5	variables	variable	NOUN
ajfa-7598	102	6	that	that	PRON
ajfa-7598	102	7	could	could	AUX
ajfa-7598	102	8	be	be	AUX
ajfa-7598	102	9	helpful	helpful	ADJ
ajfa-7598	102	10	in	in	ADP
ajfa-7598	102	11	predicting	predict	VERB
ajfa-7598	102	12	the	the	DET
ajfa-7598	102	13	market	market	NOUN
ajfa-7598	102	14	prices	price	NOUN
ajfa-7598	102	15	.	.	PUNCT
ajfa-7598	103	1	at	at	ADP
ajfa-7598	103	2	the	the	DET
ajfa-7598	103	3	first	first	ADJ
ajfa-7598	103	4	stage	stage	NOUN
ajfa-7598	103	5	three	three	NUM
ajfa-7598	103	6	of	of	ADP
ajfa-7598	103	7	them	they	PRON
ajfa-7598	103	8	found	find	VERB
ajfa-7598	103	9	insignificant	insignificant	ADJ
ajfa-7598	103	10	and	and	CCONJ
ajfa-7598	103	11	we	we	PRON
ajfa-7598	103	12	excluded	exclude	VERB
ajfa-7598	103	13	that	that	DET
ajfa-7598	103	14	variables	variable	NOUN
ajfa-7598	103	15	.	.	PUNCT
ajfa-7598	104	1	in	in	ADP
ajfa-7598	104	2	the	the	DET
ajfa-7598	104	3	final	final	ADJ
ajfa-7598	104	4	stage	stage	NOUN
ajfa-7598	104	5	,	,	PUNCT
ajfa-7598	104	6	we	we	PRON
ajfa-7598	104	7	found	find	VERB
ajfa-7598	104	8	that	that	SCONJ
ajfa-7598	104	9	accounting	accounting	NOUN
ajfa-7598	104	10	numbers	number	NOUN
ajfa-7598	104	11	have	have	VERB
ajfa-7598	104	12	positive	positive	ADJ
ajfa-7598	104	13	influence	influence	NOUN
ajfa-7598	104	14	on	on	ADP
ajfa-7598	104	15	the	the	DET
ajfa-7598	104	16	market	market	NOUN
ajfa-7598	104	17	prices	price	NOUN
ajfa-7598	104	18	that	that	PRON
ajfa-7598	104	19	has	have	AUX
ajfa-7598	104	20	been	be	AUX
ajfa-7598	104	21	argued	argue	VERB
ajfa-7598	104	22	many	many	ADJ
ajfa-7598	104	23	researchers	researcher	NOUN
ajfa-7598	104	24	in	in	ADP
ajfa-7598	104	25	the	the	DET
ajfa-7598	104	26	existing	exist	VERB
ajfa-7598	104	27	literature	literature	NOUN
ajfa-7598	104	28	.	.	PUNCT
ajfa-7598	105	1	we	we	PRON
ajfa-7598	105	2	also	also	ADV
ajfa-7598	105	3	find	find	VERB
ajfa-7598	105	4	this	this	DET
ajfa-7598	105	5	relationship	relationship	NOUN
ajfa-7598	105	6	in	in	ADP
ajfa-7598	105	7	pakistani	pakistani	ADJ
ajfa-7598	105	8	market	market	NOUN
ajfa-7598	105	9	.	.	PUNCT
ajfa-7598	106	1	secondly	secondly	ADV
ajfa-7598	106	2	we	we	PRON
ajfa-7598	106	3	conclude	conclude	VERB
ajfa-7598	106	4	that	that	SCONJ
ajfa-7598	106	5	earning	earn	VERB
ajfa-7598	106	6	per	per	ADP
ajfa-7598	106	7	share	share	NOUN
ajfa-7598	106	8	is	be	AUX
ajfa-7598	106	9	statistically	statistically	ADV
ajfa-7598	106	10	has	have	VERB
ajfa-7598	106	11	significant	significant	ADJ
ajfa-7598	106	12	influence	influence	NOUN
ajfa-7598	106	13	on	on	ADP
ajfa-7598	106	14	the	the	DET
ajfa-7598	106	15	market	market	NOUN
ajfa-7598	106	16	prices	price	NOUN
ajfa-7598	106	17	.	.	PUNCT
ajfa-7598	107	1	these	these	DET
ajfa-7598	107	2	both	both	DET
ajfa-7598	107	3	variables	variable	NOUN
ajfa-7598	107	4	are	be	AUX
ajfa-7598	107	5	highly	highly	ADV
ajfa-7598	107	6	influence	influence	NOUN
ajfa-7598	107	7	on	on	ADP
ajfa-7598	107	8	market	market	NOUN
ajfa-7598	107	9	prices	price	NOUN
ajfa-7598	107	10	in	in	ADP
ajfa-7598	107	11	the	the	DET
ajfa-7598	107	12	pakistan	pakistan	PROPN
ajfa-7598	107	13	scenario	scenario	PROPN
ajfa-7598	107	14	.	.	PUNCT
ajfa-7598	108	1	also	also	ADV
ajfa-7598	108	2	this	this	DET
ajfa-7598	108	3	study	study	NOUN
ajfa-7598	108	4	has	have	VERB
ajfa-7598	108	5	some	some	DET
ajfa-7598	108	6	limitations	limitation	NOUN
ajfa-7598	108	7	.	.	PUNCT
ajfa-7598	109	1	firstly	firstly	ADV
ajfa-7598	109	2	this	this	DET
ajfa-7598	109	3	study	study	NOUN
ajfa-7598	109	4	scope	scope	NOUN
ajfa-7598	109	5	is	be	AUX
ajfa-7598	109	6	limited	limit	VERB
ajfa-7598	109	7	to	to	ADP
ajfa-7598	109	8	the	the	DET
ajfa-7598	109	9	pakistani	pakistani	ADJ
ajfa-7598	109	10	stock	stock	NOUN
ajfa-7598	109	11	market	market	NOUN
ajfa-7598	109	12	and	and	CCONJ
ajfa-7598	109	13	could	could	AUX
ajfa-7598	109	14	not	not	PART
ajfa-7598	109	15	be	be	AUX
ajfa-7598	109	16	generalized	generalize	VERB
ajfa-7598	109	17	.	.	PUNCT
ajfa-7598	110	1	second	second	ADJ
ajfa-7598	110	2	issue	issue	NOUN
ajfa-7598	110	3	is	be	AUX
ajfa-7598	110	4	this	this	PRON
ajfa-7598	110	5	due	due	ADJ
ajfa-7598	110	6	to	to	ADP
ajfa-7598	110	7	certain	certain	ADJ
ajfa-7598	110	8	reasons	reason	NOUN
ajfa-7598	110	9	this	this	DET
ajfa-7598	110	10	study	study	NOUN
ajfa-7598	110	11	only	only	ADV
ajfa-7598	110	12	discusses	discuss	VERB
ajfa-7598	110	13	the	the	DET
ajfa-7598	110	14	cement	cement	NOUN
ajfa-7598	110	15	industry	industry	NOUN
ajfa-7598	110	16	of	of	ADP
ajfa-7598	110	17	the	the	DET
ajfa-7598	110	18	pakistan	pakistan	NOUN
ajfa-7598	110	19	,	,	PUNCT
ajfa-7598	110	20	although	although	SCONJ
ajfa-7598	110	21	it	it	PRON
ajfa-7598	110	22	is	be	AUX
ajfa-7598	110	23	rich	rich	ADJ
ajfa-7598	110	24	industry	industry	NOUN
ajfa-7598	110	25	we	we	PRON
ajfa-7598	110	26	could	could	AUX
ajfa-7598	110	27	not	not	PART
ajfa-7598	110	28	say	say	VERB
ajfa-7598	110	29	these	these	DET
ajfa-7598	110	30	things	thing	NOUN
ajfa-7598	110	31	for	for	ADP
ajfa-7598	110	32	other	other	ADJ
ajfa-7598	110	33	sectors	sector	NOUN
ajfa-7598	110	34	with	with	ADP
ajfa-7598	110	35	surety	surety	NOUN
ajfa-7598	110	36	.	.	PUNCT
ajfa-7598	111	1	this	this	DET
ajfa-7598	111	2	study	study	NOUN
ajfa-7598	111	3	could	could	AUX
ajfa-7598	111	4	be	be	AUX
ajfa-7598	111	5	helpful	helpful	ADJ
ajfa-7598	111	6	for	for	ADP
ajfa-7598	111	7	investor	investor	NOUN
ajfa-7598	111	8	for	for	ADP
ajfa-7598	111	9	predicting	predict	VERB
ajfa-7598	111	10	the	the	DET
ajfa-7598	111	11	prices	price	NOUN
ajfa-7598	111	12	and	and	CCONJ
ajfa-7598	111	13	researches	research	VERB
ajfa-7598	111	14	to	to	PART
ajfa-7598	111	15	extend	extend	VERB
ajfa-7598	111	16	this	this	DET
ajfa-7598	111	17	idea	idea	NOUN
ajfa-7598	111	18	to	to	ADP
ajfa-7598	111	19	the	the	DET
ajfa-7598	111	20	rest	rest	NOUN
ajfa-7598	111	21	of	of	ADP
ajfa-7598	111	22	sectors	sector	NOUN
ajfa-7598	111	23	of	of	ADP
ajfa-7598	111	24	the	the	DET
ajfa-7598	111	25	economy	economy	NOUN
ajfa-7598	111	26	.	.	PUNCT
ajfa-7598	112	1	references	reference	NOUN
ajfa-7598	112	2	ball	ball	PROPN
ajfa-7598	112	3	,	,	PUNCT
ajfa-7598	112	4	r.	r.	PROPN
ajfa-7598	112	5	,	,	PUNCT
ajfa-7598	112	6	&	&	CCONJ
ajfa-7598	112	7	brown	brown	PROPN
ajfa-7598	112	8	,	,	PUNCT
ajfa-7598	112	9	p.	p.	NOUN
ajfa-7598	112	10	(	(	PUNCT
ajfa-7598	112	11	1968	1968	NUM
ajfa-7598	112	12	)	)	PUNCT
ajfa-7598	112	13	.	.	PUNCT
ajfa-7598	113	1	an	an	DET
ajfa-7598	113	2	empirical	empirical	ADJ
ajfa-7598	113	3	evaluation	evaluation	NOUN
ajfa-7598	113	4	of	of	ADP
ajfa-7598	113	5	accounting	accounting	NOUN
ajfa-7598	113	6	income	income	NOUN
ajfa-7598	113	7	and	and	CCONJ
ajfa-7598	113	8	numbers	number	NOUN
ajfa-7598	113	9	.	.	PUNCT
ajfa-7598	114	1	journal	journal	NOUN
ajfa-7598	114	2	of	of	ADP
ajfa-7598	114	3	accounting	accounting	NOUN
ajfa-7598	114	4	research	research	NOUN
ajfa-7598	114	5	,	,	PUNCT
ajfa-7598	114	6	autumn	autumn	NOUN
ajfa-7598	114	7	,	,	PUNCT
ajfa-7598	114	8	159	159	NUM
ajfa-7598	114	9	-	-	SYM
ajfa-7598	114	10	177	177	NUM
ajfa-7598	114	11	.	.	PUNCT
ajfa-7598	115	1	http://dx.doi.org/10.2307/2490232	http://dx.doi.org/10.2307/2490232	PROPN
ajfa-7598	115	2	ball	ball	PROPN
ajfa-7598	115	3	,	,	PUNCT
ajfa-7598	115	4	r.	r.	PROPN
ajfa-7598	115	5	,	,	PUNCT
ajfa-7598	115	6	kothari	kothari	PROPN
ajfa-7598	115	7	,	,	PUNCT
ajfa-7598	115	8	s.	s.	PROPN
ajfa-7598	115	9	p.	p.	PROPN
ajfa-7598	115	10	,	,	PUNCT
ajfa-7598	115	11	&	&	CCONJ
ajfa-7598	115	12	watts	watts	PROPN
ajfa-7598	115	13	,	,	PUNCT
ajfa-7598	115	14	r.	r.	PROPN
ajfa-7598	115	15	l.	l.	PROPN
ajfa-7598	115	16	(	(	PUNCT
ajfa-7598	115	17	1993).economic	1993).economic	NUM
ajfa-7598	115	18	determinants	determinant	NOUN
ajfa-7598	115	19	of	of	ADP
ajfa-7598	115	20	the	the	DET
ajfa-7598	115	21	relation	relation	NOUN
ajfa-7598	115	22	between	between	ADP
ajfa-7598	115	23	earnings	earning	NOUN
ajfa-7598	115	24	changes	change	NOUN
ajfa-7598	115	25	and	and	CCONJ
ajfa-7598	115	26	stock	stock	NOUN
ajfa-7598	115	27	returns	return	NOUN
ajfa-7598	115	28	.	.	PUNCT
ajfa-7598	116	1	accounting	accounting	NOUN
ajfa-7598	116	2	review	review	PROPN
ajfa-7598	116	3	,	,	PUNCT
ajfa-7598	116	4	622	622	NUM
ajfa-7598	116	5	-	-	SYM
ajfa-7598	116	6	638	638	NUM
ajfa-7598	116	7	.	.	PUNCT
ajfa-7598	117	1	bartholdy	bartholdy	ADJ
ajfa-7598	117	2	,	,	PUNCT
ajfa-7598	117	3	j.	j.	PROPN
ajfa-7598	117	4	,	,	PUNCT
ajfa-7598	117	5	peare	peare	NOUN
ajfa-7598	117	6	,	,	PUNCT
ajfa-7598	117	7	p.	p.	NOUN
ajfa-7598	117	8	,	,	PUNCT
ajfa-7598	117	9	&	&	CCONJ
ajfa-7598	117	10	willett	willett	PROPN
ajfa-7598	117	11	,	,	PUNCT
ajfa-7598	117	12	r.	r.	PROPN
ajfa-7598	117	13	j.	j.	PROPN
ajfa-7598	117	14	(	(	PUNCT
ajfa-7598	117	15	2000	2000	NUM
ajfa-7598	117	16	)	)	PUNCT
ajfa-7598	117	17	.	.	PUNCT
ajfa-7598	118	1	a	a	DET
ajfa-7598	118	2	theoretical	theoretical	ADJ
ajfa-7598	118	3	and	and	CCONJ
ajfa-7598	118	4	empirical	empirical	ADJ
ajfa-7598	118	5	analysis	analysis	NOUN
ajfa-7598	118	6	of	of	ADP
ajfa-7598	118	7	the	the	DET
ajfa-7598	118	8	relationship	relationship	NOUN
ajfa-7598	118	9	between	between	ADP
ajfa-7598	118	10	market	market	NOUN
ajfa-7598	118	11	and	and	CCONJ
ajfa-7598	118	12	book	book	NOUN
ajfa-7598	118	13	values	value	NOUN
ajfa-7598	118	14	.	.	PUNCT
ajfa-7598	119	1	clout	clout	NOUN
ajfa-7598	119	2	,	,	PUNCT
ajfa-7598	119	3	v.	v.	PROPN
ajfa-7598	119	4	j.	j.	PROPN
ajfa-7598	119	5	(	(	PUNCT
ajfa-7598	119	6	2007	2007	NUM
ajfa-7598	119	7	)	)	PUNCT
ajfa-7598	119	8	.	.	PUNCT
ajfa-7598	120	1	investigating	investigate	VERB
ajfa-7598	120	2	the	the	DET
ajfa-7598	120	3	relationship	relationship	NOUN
ajfa-7598	120	4	between	between	ADP
ajfa-7598	120	5	market	market	NOUN
ajfa-7598	120	6	values	value	NOUN
ajfa-7598	120	7	and	and	CCONJ
ajfa-7598	120	8	accounting	accounting	NOUN
ajfa-7598	120	9	numbers	number	NOUN
ajfa-7598	120	10	for	for	ADP
ajfa-7598	120	11	30	30	NUM
ajfa-7598	120	12	selected	select	VERB
ajfa-7598	120	13	australian	australian	ADJ
ajfa-7598	120	14	listed	list	VERB
ajfa-7598	120	15	companies	company	NOUN
ajfa-7598	120	16	(	(	PUNCT
ajfa-7598	120	17	doctoral	doctoral	ADJ
ajfa-7598	120	18	dissertation	dissertation	NOUN
ajfa-7598	120	19	,	,	PUNCT
ajfa-7598	120	20	school	school	NOUN
ajfa-7598	120	21	of	of	ADP
ajfa-7598	120	22	accountancy	accountancy	NOUN
ajfa-7598	120	23	,	,	PUNCT
ajfa-7598	120	24	faculty	faculty	NOUN
ajfa-7598	120	25	of	of	ADP
ajfa-7598	120	26	business	business	NOUN
ajfa-7598	120	27	,	,	PUNCT
ajfa-7598	120	28	queensland	queensland	PROPN
ajfa-7598	120	29	university	university	PROPN
ajfa-7598	120	30	of	of	ADP
ajfa-7598	120	31	technology	technology	NOUN
ajfa-7598	120	32	)	)	PUNCT
ajfa-7598	120	33	.	.	PUNCT
ajfa-7598	121	1	lamont	lamont	PROPN
ajfa-7598	121	2	,	,	PUNCT
ajfa-7598	121	3	o.	o.	PROPN
ajfa-7598	121	4	(	(	PUNCT
ajfa-7598	121	5	1992	1992	NUM
ajfa-7598	121	6	)	)	PUNCT
ajfa-7598	121	7	.	.	PUNCT
ajfa-7598	122	1	earnings	earning	NOUN
ajfa-7598	122	2	and	and	CCONJ
ajfa-7598	122	3	expected	expect	VERB
ajfa-7598	122	4	returns	return	NOUN
ajfa-7598	122	5	.	.	PUNCT
ajfa-7598	123	1	journal	journal	NOUN
ajfa-7598	123	2	of	of	ADP
ajfa-7598	123	3	finance	finance	NOUN
ajfa-7598	123	4	,	,	PUNCT
ajfa-7598	123	5	5	5	NUM
ajfa-7598	123	6	,	,	PUNCT
ajfa-7598	123	7	1563	1563	NUM
ajfa-7598	123	8	-	-	SYM
ajfa-7598	123	9	1587	1587	NUM
ajfa-7598	123	10	.	.	PUNCT
ajfa-7598	124	1	asian	asian	ADJ
ajfa-7598	124	2	journal	journal	PROPN
ajfa-7598	124	3	of	of	ADP
ajfa-7598	124	4	finance	finance	PROPN
ajfa-7598	124	5	&	&	CCONJ
ajfa-7598	124	6	accounting	accounting	PROPN
ajfa-7598	124	7	issn	issn	PROPN
ajfa-7598	124	8	1946	1946	NUM
ajfa-7598	124	9	-	-	PUNCT
ajfa-7598	124	10	052x	052x	NOUN
ajfa-7598	124	11	2015	2015	NUM
ajfa-7598	124	12	,	,	PUNCT
ajfa-7598	124	13	vol	vol	NOUN
ajfa-7598	124	14	.	.	PROPN
ajfa-7598	124	15	7	7	NUM
ajfa-7598	124	16	,	,	PUNCT
ajfa-7598	124	17	no	no	INTJ
ajfa-7598	124	18	.	.	NOUN
ajfa-7598	124	19	1	1	NUM
ajfa-7598	124	20	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-7598	124	21	238	238	NUM
ajfa-7598	124	22	omura	omura	NOUN
ajfa-7598	124	23	,	,	PUNCT
ajfa-7598	124	24	t.	t.	PROPN
ajfa-7598	124	25	(	(	PUNCT
ajfa-7598	124	26	2005	2005	NUM
ajfa-7598	124	27	)	)	PUNCT
ajfa-7598	124	28	.	.	PUNCT
ajfa-7598	125	1	the	the	DET
ajfa-7598	125	2	relationship	relationship	NOUN
ajfa-7598	125	3	between	between	ADP
ajfa-7598	125	4	market	market	NOUN
ajfa-7598	125	5	value	value	NOUN
ajfa-7598	125	6	and	and	CCONJ
ajfa-7598	125	7	book	book	NOUN
ajfa-7598	125	8	value	value	NOUN
ajfa-7598	125	9	for	for	ADP
ajfa-7598	125	10	five	five	NUM
ajfa-7598	125	11	selected	select	VERB
ajfa-7598	125	12	japanese	japanese	ADJ
ajfa-7598	125	13	firms	firm	NOUN
ajfa-7598	125	14	.	.	PUNCT
ajfa-7598	126	1	petkova.r	petkova.r	INTJ
ajfa-7598	126	2	.	.	PROPN
ajfa-7598	126	3	,	,	PUNCT
ajfa-7598	126	4	&	&	CCONJ
ajfa-7598	127	1	zhang	zhang	PROPN
ajfa-7598	127	2	.	.	PUNCT
ajfa-7598	127	3	l.	l.	PROPN
ajfa-7598	127	4	(	(	PUNCT
ajfa-7598	127	5	2005	2005	NUM
ajfa-7598	127	6	)	)	PUNCT
ajfa-7598	127	7	.	.	PUNCT
ajfa-7598	127	8	is	be	AUX
ajfa-7598	127	9	value	value	NOUN
ajfa-7598	127	10	riskier	risky	ADJ
ajfa-7598	127	11	than	than	ADP
ajfa-7598	127	12	growth	growth	NOUN
ajfa-7598	127	13	?	?	PUNCT
ajfa-7598	128	1	journal	journal	NOUN
ajfa-7598	128	2	of	of	ADP
ajfa-7598	128	3	financial	financial	ADJ
ajfa-7598	128	4	economics	economic	NOUN
ajfa-7598	128	5	78(1	78(1	NOUN
ajfa-7598	128	6	)	)	PUNCT
ajfa-7598	128	7	,	,	PUNCT
ajfa-7598	128	8	187	187	NUM
ajfa-7598	128	9	-	-	SYM
ajfa-7598	128	10	202	202	NUM
ajfa-7598	128	11	.	.	PUNCT
ajfa-7598	129	1	http://dx.doi.org/10.1016/j.jfineco.2004.12.001	http://dx.doi.org/10.1016/j.jfineco.2004.12.001	NOUN
ajfa-7598	129	2	previts	previt	NOUN
ajfa-7598	129	3	,	,	PUNCT
ajfa-7598	129	4	g.	g.	PROPN
ajfa-7598	129	5	j.	j.	PROPN
ajfa-7598	129	6	,	,	PUNCT
ajfa-7598	129	7	bricker	bricker	NOUN
ajfa-7598	129	8	,	,	PUNCT
ajfa-7598	129	9	r.	r.	PROPN
ajfa-7598	129	10	j.	j.	PROPN
ajfa-7598	129	11	,	,	PUNCT
ajfa-7598	129	12	robinson	robinson	PROPN
ajfa-7598	129	13	,	,	PUNCT
ajfa-7598	129	14	t.	t.	PROPN
ajfa-7598	129	15	r.	r.	PROPN
ajfa-7598	129	16	,	,	PUNCT
ajfa-7598	129	17	&	&	CCONJ
ajfa-7598	129	18	young	young	PROPN
ajfa-7598	129	19	,	,	PUNCT
ajfa-7598	129	20	s.	s.	PROPN
ajfa-7598	129	21	j.	j.	PROPN
ajfa-7598	129	22	(	(	PUNCT
ajfa-7598	129	23	1994	1994	NUM
ajfa-7598	129	24	)	)	PUNCT
ajfa-7598	129	25	.	.	PUNCT
ajfa-7598	130	1	a	a	DET
ajfa-7598	130	2	content	content	NOUN
ajfa-7598	130	3	analysis	analysis	NOUN
ajfa-7598	130	4	of	of	ADP
ajfa-7598	130	5	sell	sell	NOUN
ajfa-7598	130	6	-	-	PUNCT
ajfa-7598	130	7	side	side	NOUN
ajfa-7598	130	8	financial	financial	ADJ
ajfa-7598	130	9	analyst	analyst	NOUN
ajfa-7598	130	10	company	company	NOUN
ajfa-7598	130	11	reports	report	VERB
ajfa-7598	130	12	.	.	PUNCT
ajfa-7598	131	1	accounting	accounting	NOUN
ajfa-7598	131	2	horizons	horizon	NOUN
ajfa-7598	131	3	,	,	PUNCT
ajfa-7598	131	4	8	8	NUM
ajfa-7598	131	5	,	,	PUNCT
ajfa-7598	131	6	55	55	NUM
ajfa-7598	131	7	-	-	SYM
ajfa-7598	131	8	55	55	NUM
ajfa-7598	131	9	.	.	PUNCT
ajfa-7598	132	1	raj	raj	PROPN
ajfa-7598	132	2	,	,	PUNCT
ajfa-7598	132	3	h.	h.	PROPN
ajfa-7598	132	4	,	,	PUNCT
ajfa-7598	132	5	&	&	CCONJ
ajfa-7598	132	6	ramesh	ramesh	PROPN
ajfa-7598	132	7	,	,	PUNCT
ajfa-7598	132	8	p.	p.	PROPN
ajfa-7598	132	9	r.	r.	PROPN
ajfa-7598	132	10	(	(	PUNCT
ajfa-7598	132	11	1992	1992	NUM
ajfa-7598	132	12	)	)	PUNCT
ajfa-7598	132	13	.	.	PUNCT
ajfa-7598	133	1	price	price	NOUN
ajfa-7598	133	2	/	/	SYM
ajfa-7598	133	3	book	book	NOUN
ajfa-7598	133	4	value	value	NOUN
ajfa-7598	133	5	ratios	ratio	NOUN
ajfa-7598	133	6	and	and	CCONJ
ajfa-7598	133	7	equity	equity	NOUN
ajfa-7598	133	8	returns	return	NOUN
ajfa-7598	133	9	on	on	ADP
ajfa-7598	133	10	the	the	DET
ajfa-7598	133	11	tokyo	tokyo	PROPN
ajfa-7598	133	12	stock	stock	NOUN
ajfa-7598	133	13	exchange	exchange	NOUN
ajfa-7598	133	14	:	:	PUNCT
ajfa-7598	133	15	empirical	empirical	ADJ
ajfa-7598	133	16	evidence	evidence	NOUN
ajfa-7598	133	17	of	of	ADP
ajfa-7598	133	18	an	an	DET
ajfa-7598	133	19	anomalous	anomalous	ADJ
ajfa-7598	133	20	regularities	regularity	NOUN
ajfa-7598	133	21	.	.	PUNCT
ajfa-7598	134	1	the	the	DET
ajfa-7598	134	2	financial	financial	PROPN
ajfa-7598	134	3	review	review	NOUN
ajfa-7598	134	4	,	,	PUNCT
ajfa-7598	134	5	27(4	27(4	PROPN
ajfa-7598	134	6	)	)	PUNCT
ajfa-7598	134	7	.	.	PUNCT
ajfa-7598	135	1	suwardi	suwardi	PROPN
ajfa-7598	135	2	,	,	PUNCT
ajfa-7598	135	3	e.	e.	PROPN
ajfa-7598	135	4	(	(	PUNCT
ajfa-7598	135	5	2004	2004	NUM
ajfa-7598	135	6	)	)	PUNCT
ajfa-7598	135	7	.	.	PUNCT
ajfa-7598	136	1	exploring	explore	VERB
ajfa-7598	136	2	the	the	DET
ajfa-7598	136	3	relationship	relationship	NOUN
ajfa-7598	136	4	between	between	ADP
ajfa-7598	136	5	market	market	NOUN
ajfa-7598	136	6	values	value	NOUN
ajfa-7598	136	7	and	and	CCONJ
ajfa-7598	136	8	accounting	accounting	NOUN
ajfa-7598	136	9	numbers	number	NOUN
ajfa-7598	136	10	of	of	ADP
ajfa-7598	136	11	firms	firm	NOUN
ajfa-7598	136	12	listed	list	VERB
ajfa-7598	136	13	in	in	ADP
ajfa-7598	136	14	an	an	DET
ajfa-7598	136	15	emerging	emerge	VERB
ajfa-7598	136	16	market	market	NOUN
ajfa-7598	136	17	(	(	PUNCT
ajfa-7598	136	18	doctoral	doctoral	ADJ
ajfa-7598	136	19	dissertation	dissertation	NOUN
ajfa-7598	136	20	,	,	PUNCT
ajfa-7598	136	21	queensland	queensland	PROPN
ajfa-7598	136	22	university	university	PROPN
ajfa-7598	136	23	of	of	ADP
ajfa-7598	136	24	technology	technology	NOUN
ajfa-7598	136	25	)	)	PUNCT
ajfa-7598	136	26	.	.	PUNCT
ajfa-7598	137	1	vafeas	vafea	NOUN
ajfa-7598	137	2	,	,	PUNCT
ajfa-7598	137	3	n.	n.	NOUN
ajfa-7598	137	4	,	,	PUNCT
ajfa-7598	137	5	trigeorgis	trigeorgis	NOUN
ajfa-7598	137	6	.	.	PROPN
ajfa-7598	137	7	,	,	PUNCT
ajfa-7598	137	8	l.	l.	PROPN
ajfa-7598	137	9	,	,	PUNCT
ajfa-7598	137	10	and	and	CCONJ
ajfa-7598	137	11	georgiou	georgiou	PROPN
ajfa-7598	137	12	.	.	PUNCT
ajfa-7598	137	13	,	,	PUNCT
ajfa-7598	137	14	x.	x.	PROPN
ajfa-7598	137	15	(	(	PUNCT
ajfa-7598	137	16	1998	1998	NUM
ajfa-7598	137	17	)	)	PUNCT
ajfa-7598	137	18	.	.	PUNCT
ajfa-7598	138	1	the	the	DET
ajfa-7598	138	2	usefulness	usefulness	NOUN
ajfa-7598	138	3	of	of	ADP
ajfa-7598	138	4	earnings	earning	NOUN
ajfa-7598	138	5	in	in	ADP
ajfa-7598	138	6	explaining	explain	VERB
ajfa-7598	138	7	stock	stock	NOUN
ajfa-7598	138	8	returns	return	NOUN
ajfa-7598	138	9	in	in	ADP
ajfa-7598	138	10	an	an	DET
ajfa-7598	138	11	emerging	emerge	VERB
ajfa-7598	138	12	market	market	NOUN
ajfa-7598	138	13	:	:	PUNCT
ajfa-7598	138	14	the	the	DET
ajfa-7598	138	15	case	case	NOUN
ajfa-7598	138	16	of	of	ADP
ajfa-7598	138	17	cyprus	cyprus	PROPN
ajfa-7598	138	18	.	.	PUNCT
ajfa-7598	139	1	european	european	PROPN
ajfa-7598	139	2	accounting	accounting	PROPN
ajfa-7598	139	3	review	review	PROPN
ajfa-7598	139	4	,	,	PUNCT
ajfa-7598	139	5	7(1	7(1	NUM
ajfa-7598	139	6	)	)	PUNCT
ajfa-7598	139	7	,	,	PUNCT
ajfa-7598	139	8	105	105	NUM
ajfa-7598	139	9	-	-	SYM
ajfa-7598	139	10	126	126	NUM
ajfa-7598	139	11	.	.	PUNCT
ajfa-7598	140	1	http://dx.doi.org/10.1080/096381898336600	http://dx.doi.org/10.1080/096381898336600	ADJ
ajfa-7598	140	2	zulkifli	zulkifli	PROPN
ajfa-7598	140	3	,	,	PUNCT
ajfa-7598	140	4	m.	m.	NOUN
ajfa-7598	140	5	,	,	PUNCT
ajfa-7598	140	6	&	&	CCONJ
ajfa-7598	140	7	kadri	kadri	PROPN
ajfa-7598	140	8	,	,	PUNCT
ajfa-7598	140	9	m.	m.	PROPN
ajfa-7598	140	10	h.	h.	PROPN
ajfa-7598	140	11	(	(	PUNCT
ajfa-7598	140	12	2008	2008	NUM
ajfa-7598	140	13	)	)	PUNCT
ajfa-7598	140	14	.	.	PUNCT
ajfa-7598	141	1	relationship	relationship	NOUN
ajfa-7598	141	2	between	between	ADP
ajfa-7598	141	3	market	market	NOUN
ajfa-7598	141	4	value	value	NOUN
ajfa-7598	141	5	and	and	CCONJ
ajfa-7598	141	6	book	book	NOUN
ajfa-7598	141	7	value	value	NOUN
ajfa-7598	141	8	of	of	ADP
ajfa-7598	141	9	malaysian	malaysian	ADJ
ajfa-7598	141	10	firms	firm	NOUN
ajfa-7598	141	11	under	under	ADP
ajfa-7598	141	12	pre	pre	ADJ
ajfa-7598	141	13	and	and	CCONJ
ajfa-7598	141	14	post	post	VERB
ajfa-7598	141	15	frs	frs	PROPN
ajfa-7598	141	16	.	.	PROPN
ajfa-7598	141	17	http://dx.doi.org/10.2139/ssrn.1440771	http://dx.doi.org/10.2139/ssrn.1440771	PUNCT