id	sid	tid	token	lemma	pos
ajfa-8318	1	1	microsoft	microsoft	PROPN
ajfa-8318	1	2	word	word	NOUN
ajfa-8318	1	3	8318	8318	NUM
ajfa-8318	1	4	-	-	SYM
ajfa-8318	1	5	30109	30109	NUM
ajfa-8318	1	6	-	-	PUNCT
ajfa-8318	1	7	1	1	NUM
ajfa-8318	1	8	-	-	PUNCT
ajfa-8318	1	9	sm	sm	NOUN
ajfa-8318	1	10	_	_	PUNCT
ajfa-8318	1	11	1_-writer2	1_-writer2	NUM
ajfa-8318	1	12	-	-	PUNCT
ajfa-8318	1	13	new	new	ADJ
ajfa-8318	1	14	asian	asian	ADJ
ajfa-8318	1	15	journal	journal	NOUN
ajfa-8318	1	16	of	of	ADP
ajfa-8318	1	17	finance	finance	PROPN
ajfa-8318	1	18	&	&	CCONJ
ajfa-8318	1	19	accounting	accounting	PROPN
ajfa-8318	1	20	issn	issn	PROPN
ajfa-8318	1	21	1946	1946	NUM
ajfa-8318	1	22	-	-	PUNCT
ajfa-8318	1	23	052x	052x	NOUN
ajfa-8318	1	24	2015	2015	NUM
ajfa-8318	1	25	,	,	PUNCT
ajfa-8318	1	26	vol	vol	NOUN
ajfa-8318	1	27	.	.	PROPN
ajfa-8318	1	28	7	7	NUM
ajfa-8318	1	29	,	,	PUNCT
ajfa-8318	1	30	no	no	INTJ
ajfa-8318	1	31	.	.	NOUN
ajfa-8318	1	32	2	2	NUM
ajfa-8318	1	33	120	120	NUM
ajfa-8318	1	34	ceo	ceo	NOUN
ajfa-8318	1	35	succession	succession	NOUN
ajfa-8318	1	36	,	,	PUNCT
ajfa-8318	1	37	investor	investor	NOUN
ajfa-8318	1	38	expectations	expectation	NOUN
ajfa-8318	1	39	,	,	PUNCT
ajfa-8318	1	40	and	and	CCONJ
ajfa-8318	1	41	real	real	ADJ
ajfa-8318	1	42	earnings	earning	NOUN
ajfa-8318	1	43	management	management	NOUN
ajfa-8318	1	44	chaur	chaur	NOUN
ajfa-8318	1	45	-	-	PUNCT
ajfa-8318	1	46	shiuh	shiuh	NOUN
ajfa-8318	1	47	young	young	ADJ
ajfa-8318	1	48	department	department	NOUN
ajfa-8318	1	49	of	of	ADP
ajfa-8318	1	50	accountancy	accountancy	NOUN
ajfa-8318	1	51	and	and	CCONJ
ajfa-8318	1	52	graduate	graduate	PROPN
ajfa-8318	1	53	institute	institute	PROPN
ajfa-8318	1	54	of	of	ADP
ajfa-8318	1	55	finance	finance	PROPN
ajfa-8318	1	56	&	&	CCONJ
ajfa-8318	1	57	banking	banking	PROPN
ajfa-8318	1	58	national	national	PROPN
ajfa-8318	1	59	cheng	cheng	PROPN
ajfa-8318	1	60	kung	kung	PROPN
ajfa-8318	1	61	university	university	PROPN
ajfa-8318	1	62	no.1	no.1	PROPN
ajfa-8318	1	63	university	university	PROPN
ajfa-8318	1	64	rd	rd	PROPN
ajfa-8318	1	65	.	.	PROPN
ajfa-8318	1	66	,	,	PUNCT
ajfa-8318	1	67	tainan	tainan	PROPN
ajfa-8318	1	68	city	city	PROPN
ajfa-8318	1	69	701	701	NUM
ajfa-8318	1	70	,	,	PUNCT
ajfa-8318	1	71	taiwan	taiwan	PROPN
ajfa-8318	1	72	tel	tel	PROPN
ajfa-8318	1	73	:	:	PUNCT
ajfa-8318	1	74	886	886	NUM
ajfa-8318	1	75	-	-	SYM
ajfa-8318	1	76	6	6	NUM
ajfa-8318	1	77	-	-	PUNCT
ajfa-8318	1	78	275	275	NUM
ajfa-8318	1	79	-	-	SYM
ajfa-8318	1	80	7575	7575	NUM
ajfa-8318	1	81	#	#	SYM
ajfa-8318	1	82	53445	53445	NUM
ajfa-8318	1	83	e	e	NOUN
ajfa-8318	1	84	-	-	NOUN
ajfa-8318	1	85	mail	mail	NOUN
ajfa-8318	1	86	:	:	PUNCT
ajfa-8318	1	87	actycs@mail.ncku.edu.tw	actycs@mail.ncku.edu.tw	PROPN
ajfa-8318	1	88	yueh	yueh	NOUN
ajfa-8318	1	89	-	-	PUNCT
ajfa-8318	1	90	ju	ju	NOUN
ajfa-8318	1	91	lin	lin	PROPN
ajfa-8318	1	92	(	(	PUNCT
ajfa-8318	1	93	corresponding	corresponding	ADJ
ajfa-8318	1	94	author	author	NOUN
ajfa-8318	1	95	)	)	PUNCT
ajfa-8318	1	96	department	department	NOUN
ajfa-8318	1	97	of	of	ADP
ajfa-8318	1	98	accounting	accounting	PROPN
ajfa-8318	1	99	,	,	PUNCT
ajfa-8318	1	100	kainan	kainan	PROPN
ajfa-8318	1	101	university	university	PROPN
ajfa-8318	1	102	no	no	INTJ
ajfa-8318	1	103	.	.	PROPN
ajfa-8318	1	104	1	1	NUM
ajfa-8318	1	105	kainan	kainan	PROPN
ajfa-8318	1	106	rd	rd	PROPN
ajfa-8318	1	107	.	.	PROPN
ajfa-8318	1	108	,	,	PUNCT
ajfa-8318	1	109	luzhu	luzhu	PROPN
ajfa-8318	1	110	,	,	PUNCT
ajfa-8318	1	111	taoyuan	taoyuan	PROPN
ajfa-8318	1	112	33857	33857	NUM
ajfa-8318	1	113	,	,	PUNCT
ajfa-8318	1	114	taiwan	taiwan	PROPN
ajfa-8318	1	115	tel	tel	PROPN
ajfa-8318	1	116	:	:	PUNCT
ajfa-8318	1	117	886	886	NUM
ajfa-8318	1	118	-	-	SYM
ajfa-8318	1	119	3	3	NUM
ajfa-8318	1	120	-	-	PUNCT
ajfa-8318	1	121	341	341	NUM
ajfa-8318	1	122	-	-	PUNCT
ajfa-8318	1	123	2500#1661	2500#1661	NUM
ajfa-8318	1	124	e	e	NOUN
ajfa-8318	1	125	-	-	NOUN
ajfa-8318	1	126	mail	mail	NOUN
ajfa-8318	1	127	:	:	PUNCT
ajfa-8318	1	128	judylin@mail.knu.edu.tw	judylin@mail.knu.edu.tw	PROPN
ajfa-8318	1	129	fei	fei	PROPN
ajfa-8318	1	130	-	-	PUNCT
ajfa-8318	1	131	liang	liang	PROPN
ajfa-8318	1	132	chien	chien	PROPN
ajfa-8318	1	133	department	department	PROPN
ajfa-8318	1	134	of	of	ADP
ajfa-8318	1	135	accounting	accounting	PROPN
ajfa-8318	1	136	,	,	PUNCT
ajfa-8318	1	137	kainan	kainan	PROPN
ajfa-8318	1	138	university	university	PROPN
ajfa-8318	1	139	no	no	INTJ
ajfa-8318	1	140	.	.	PROPN
ajfa-8318	1	141	1	1	NUM
ajfa-8318	1	142	kainan	kainan	PROPN
ajfa-8318	1	143	rd	rd	PROPN
ajfa-8318	1	144	.	.	PROPN
ajfa-8318	1	145	,	,	PUNCT
ajfa-8318	1	146	luzhu	luzhu	PROPN
ajfa-8318	1	147	,	,	PUNCT
ajfa-8318	1	148	taoyuan	taoyuan	PROPN
ajfa-8318	1	149	33857	33857	NUM
ajfa-8318	1	150	,	,	PUNCT
ajfa-8318	1	151	taiwan	taiwan	PROPN
ajfa-8318	1	152	tel	tel	PROPN
ajfa-8318	1	153	:	:	PUNCT
ajfa-8318	1	154	886	886	NUM
ajfa-8318	1	155	-	-	SYM
ajfa-8318	1	156	3	3	NUM
ajfa-8318	1	157	-	-	NUM
ajfa-8318	1	158	341	341	NUM
ajfa-8318	1	159	-	-	NUM
ajfa-8318	1	160	2500#4901	2500#4901	NUM
ajfa-8318	1	161	e	e	NOUN
ajfa-8318	1	162	-	-	NOUN
ajfa-8318	1	163	mail	mail	NOUN
ajfa-8318	1	164	:	:	PUNCT
ajfa-8318	1	165	acctvera@gmail.com	acctvera@gmail.com	X
ajfa-8318	1	166	chia	chia	PROPN
ajfa-8318	1	167	-	-	PUNCT
ajfa-8318	1	168	hui	hui	PROPN
ajfa-8318	1	169	chen	chen	PROPN
ajfa-8318	1	170	dept	dept	PROPN
ajfa-8318	1	171	.	.	PROPN
ajfa-8318	1	172	of	of	ADP
ajfa-8318	1	173	accounting	accounting	PROPN
ajfa-8318	1	174	,	,	PUNCT
ajfa-8318	1	175	national	national	PROPN
ajfa-8318	1	176	dong	dong	PROPN
ajfa-8318	1	177	hwa	hwa	PROPN
ajfa-8318	1	178	university	university	PROPN
ajfa-8318	1	179	no.1	no.1	PROPN
ajfa-8318	1	180	sec.2	sec.2	PROPN
ajfa-8318	1	181	,	,	PUNCT
ajfa-8318	1	182	da	da	PROPN
ajfa-8318	1	183	hsueh	hsueh	PROPN
ajfa-8318	1	184	rd	rd	PROPN
ajfa-8318	1	185	.	.	PROPN
ajfa-8318	1	186	,	,	PUNCT
ajfa-8318	1	187	shoufeng	shoufeng	PROPN
ajfa-8318	1	188	,	,	PUNCT
ajfa-8318	1	189	hualien	hualien	PROPN
ajfa-8318	1	190	,	,	PUNCT
ajfa-8318	1	191	97401	97401	NUM
ajfa-8318	1	192	tel	tel	NOUN
ajfa-8318	1	193	:	:	PUNCT
ajfa-8318	1	194	886	886	NUM
ajfa-8318	1	195	-	-	SYM
ajfa-8318	1	196	3	3	NUM
ajfa-8318	1	197	-	-	PUNCT
ajfa-8318	1	198	863	863	NUM
ajfa-8318	1	199	-	-	SYM
ajfa-8318	1	200	3088	3088	NUM
ajfa-8318	1	201	e-mail:chchen@mail.ndhu.edu.tw	e-mail:chchen@mail.ndhu.edu.tw	NOUN
ajfa-8318	1	202	received	receive	VERB
ajfa-8318	1	203	:	:	PUNCT
ajfa-8318	1	204	sep	sep	PROPN
ajfa-8318	1	205	.	.	PROPN
ajfa-8318	1	206	8	8	NUM
ajfa-8318	1	207	,	,	PUNCT
ajfa-8318	1	208	2015	2015	NUM
ajfa-8318	1	209	accepted	accept	VERB
ajfa-8318	1	210	:	:	PUNCT
ajfa-8318	1	211	oct	oct	PROPN
ajfa-8318	1	212	.	.	PROPN
ajfa-8318	1	213	11	11	NUM
ajfa-8318	1	214	,	,	PUNCT
ajfa-8318	1	215	2015	2015	NUM
ajfa-8318	1	216	published	publish	VERB
ajfa-8318	1	217	:	:	PUNCT
ajfa-8318	1	218	december	december	PROPN
ajfa-8318	1	219	1	1	NUM
ajfa-8318	1	220	,	,	PUNCT
ajfa-8318	1	221	2015	2015	NUM
ajfa-8318	1	222	doi:10.5296	doi:10.5296	NOUN
ajfa-8318	1	223	/	/	SYM
ajfa-8318	1	224	ajfa.v7i2.8318	ajfa.v7i2.8318	NUM
ajfa-8318	1	225	url	url	PROPN
ajfa-8318	1	226	:	:	PUNCT
ajfa-8318	1	227	http://dx.doi.org/10.5296/ajfa.v7i2.8318	http://dx.doi.org/10.5296/ajfa.v7i2.8318	PROPN
ajfa-8318	1	228	asian	asian	PROPN
ajfa-8318	1	229	journal	journal	PROPN
ajfa-8318	1	230	of	of	ADP
ajfa-8318	1	231	finance	finance	PROPN
ajfa-8318	1	232	&	&	CCONJ
ajfa-8318	1	233	accounting	accounting	PROPN
ajfa-8318	1	234	issn	issn	PROPN
ajfa-8318	1	235	1946	1946	NUM
ajfa-8318	1	236	-	-	PUNCT
ajfa-8318	1	237	052x	052x	NOUN
ajfa-8318	1	238	2015	2015	NUM
ajfa-8318	1	239	,	,	PUNCT
ajfa-8318	1	240	vol	vol	NOUN
ajfa-8318	1	241	.	.	PROPN
ajfa-8318	2	1	7	7	NUM
ajfa-8318	2	2	,	,	PUNCT
ajfa-8318	2	3	no	no	INTJ
ajfa-8318	2	4	.	.	NOUN
ajfa-8318	2	5	2	2	NUM
ajfa-8318	2	6	121	121	NUM
ajfa-8318	2	7	abstract	abstract	NOUN
ajfa-8318	2	8	recently	recently	ADV
ajfa-8318	2	9	,	,	PUNCT
ajfa-8318	2	10	u.s	u.s	PROPN
ajfa-8318	2	11	.	.	PROPN
ajfa-8318	2	12	firms	firm	NOUN
ajfa-8318	2	13	are	be	AUX
ajfa-8318	2	14	switching	switch	VERB
ajfa-8318	2	15	ceo	ceo	NOUN
ajfa-8318	2	16	at	at	ADP
ajfa-8318	2	17	the	the	DET
ajfa-8318	2	18	fastest	fast	ADJ
ajfa-8318	2	19	pace	pace	NOUN
ajfa-8318	2	20	and	and	CCONJ
ajfa-8318	2	21	these	these	DET
ajfa-8318	2	22	events	event	NOUN
ajfa-8318	2	23	often	often	ADV
ajfa-8318	2	24	cause	cause	VERB
ajfa-8318	2	25	severe	severe	ADJ
ajfa-8318	2	26	stock	stock	NOUN
ajfa-8318	2	27	market	market	NOUN
ajfa-8318	2	28	volatility	volatility	NOUN
ajfa-8318	2	29	on	on	ADP
ajfa-8318	2	30	the	the	DET
ajfa-8318	2	31	uncertainty	uncertainty	NOUN
ajfa-8318	2	32	of	of	ADP
ajfa-8318	2	33	the	the	DET
ajfa-8318	2	34	firm	firm	NOUN
ajfa-8318	2	35	’s	’s	PART
ajfa-8318	2	36	future	future	ADJ
ajfa-8318	2	37	performance	performance	NOUN
ajfa-8318	2	38	.	.	PUNCT
ajfa-8318	3	1	this	this	DET
ajfa-8318	3	2	study	study	NOUN
ajfa-8318	3	3	investigates	investigate	VERB
ajfa-8318	3	4	whether	whether	SCONJ
ajfa-8318	3	5	inverse	inverse	NOUN
ajfa-8318	3	6	market	market	NOUN
ajfa-8318	3	7	reaction	reaction	NOUN
ajfa-8318	3	8	on	on	ADP
ajfa-8318	3	9	ceo	ceo	NOUN
ajfa-8318	3	10	succession	succession	NOUN
ajfa-8318	3	11	will	will	AUX
ajfa-8318	3	12	induce	induce	VERB
ajfa-8318	3	13	earnings	earning	NOUN
ajfa-8318	3	14	management	management	NOUN
ajfa-8318	3	15	of	of	ADP
ajfa-8318	3	16	new	new	ADJ
ajfa-8318	3	17	ceos	ceos	NOUN
ajfa-8318	3	18	in	in	ADP
ajfa-8318	3	19	order	order	NOUN
ajfa-8318	3	20	to	to	PART
ajfa-8318	3	21	protect	protect	VERB
ajfa-8318	3	22	their	their	PRON
ajfa-8318	3	23	reputational	reputational	ADJ
ajfa-8318	3	24	and	and	CCONJ
ajfa-8318	3	25	career	career	NOUN
ajfa-8318	3	26	prospects	prospect	NOUN
ajfa-8318	3	27	.	.	PUNCT
ajfa-8318	4	1	from	from	ADP
ajfa-8318	4	2	a	a	DET
ajfa-8318	4	3	sample	sample	NOUN
ajfa-8318	4	4	of	of	ADP
ajfa-8318	4	5	2,418	2,418	NUM
ajfa-8318	4	6	firm	firm	ADJ
ajfa-8318	4	7	-	-	PUNCT
ajfa-8318	4	8	years	year	NOUN
ajfa-8318	4	9	during	during	ADP
ajfa-8318	4	10	the	the	DET
ajfa-8318	4	11	post	post	ADJ
ajfa-8318	4	12	-	-	ADJ
ajfa-8318	4	13	sox	sox	ADJ
ajfa-8318	4	14	period	period	NOUN
ajfa-8318	4	15	of	of	ADP
ajfa-8318	4	16	2003	2003	NUM
ajfa-8318	4	17	to	to	ADP
ajfa-8318	4	18	2012	2012	NUM
ajfa-8318	4	19	by	by	ADP
ajfa-8318	4	20	applying	apply	VERB
ajfa-8318	4	21	the	the	DET
ajfa-8318	4	22	regression	regression	NOUN
ajfa-8318	4	23	analysis	analysis	NOUN
ajfa-8318	4	24	,	,	PUNCT
ajfa-8318	4	25	we	we	PRON
ajfa-8318	4	26	investigate	investigate	VERB
ajfa-8318	4	27	two	two	NUM
ajfa-8318	4	28	associations	association	NOUN
ajfa-8318	4	29	of	of	ADP
ajfa-8318	4	30	real	real	ADJ
ajfa-8318	4	31	earnings	earning	NOUN
ajfa-8318	4	32	management	management	NOUN
ajfa-8318	4	33	(	(	PUNCT
ajfa-8318	4	34	rem	rem	PROPN
ajfa-8318	4	35	)	)	PUNCT
ajfa-8318	4	36	with	with	ADP
ajfa-8318	4	37	ceo	ceo	NOUN
ajfa-8318	4	38	successions	succession	NOUN
ajfa-8318	4	39	and	and	CCONJ
ajfa-8318	4	40	with	with	ADP
ajfa-8318	4	41	its	its	PRON
ajfa-8318	4	42	market	market	NOUN
ajfa-8318	4	43	reaction	reaction	NOUN
ajfa-8318	4	44	respectively	respectively	ADV
ajfa-8318	4	45	.	.	PUNCT
ajfa-8318	5	1	our	our	PRON
ajfa-8318	5	2	results	result	NOUN
ajfa-8318	5	3	suggest	suggest	VERB
ajfa-8318	5	4	new	new	ADJ
ajfa-8318	5	5	ceos	ceo	NOUN
ajfa-8318	5	6	are	be	AUX
ajfa-8318	5	7	more	more	ADV
ajfa-8318	5	8	careful	careful	ADJ
ajfa-8318	5	9	when	when	SCONJ
ajfa-8318	5	10	manipulate	manipulate	VERB
ajfa-8318	5	11	earnings	earning	NOUN
ajfa-8318	5	12	through	through	ADP
ajfa-8318	5	13	rem	rem	NOUN
ajfa-8318	5	14	activities	activity	NOUN
ajfa-8318	5	15	.	.	PUNCT
ajfa-8318	6	1	however	however	ADV
ajfa-8318	6	2	,	,	PUNCT
ajfa-8318	6	3	rem	rem	X
ajfa-8318	6	4	is	be	AUX
ajfa-8318	6	5	negatively	negatively	ADV
ajfa-8318	6	6	associated	associate	VERB
ajfa-8318	6	7	with	with	ADP
ajfa-8318	6	8	market	market	NOUN
ajfa-8318	6	9	expectations	expectation	NOUN
ajfa-8318	6	10	on	on	ADP
ajfa-8318	6	11	ceo	ceo	NOUN
ajfa-8318	6	12	successions	succession	NOUN
ajfa-8318	6	13	,	,	PUNCT
ajfa-8318	6	14	implying	imply	VERB
ajfa-8318	6	15	new	new	ADJ
ajfa-8318	6	16	ceos	ceos	NOUN
ajfa-8318	6	17	may	may	AUX
ajfa-8318	6	18	utilize	utilize	VERB
ajfa-8318	6	19	rem	rem	VERB
ajfa-8318	6	20	to	to	PART
ajfa-8318	6	21	reverse	reverse	VERB
ajfa-8318	6	22	the	the	DET
ajfa-8318	6	23	first	first	ADJ
ajfa-8318	6	24	bad	bad	ADJ
ajfa-8318	6	25	impressions	impression	NOUN
ajfa-8318	6	26	held	hold	VERB
ajfa-8318	6	27	by	by	ADP
ajfa-8318	6	28	investors	investor	NOUN
ajfa-8318	6	29	.	.	PUNCT
ajfa-8318	7	1	we	we	PRON
ajfa-8318	7	2	provide	provide	VERB
ajfa-8318	7	3	a	a	DET
ajfa-8318	7	4	new	new	ADJ
ajfa-8318	7	5	perspective	perspective	NOUN
ajfa-8318	7	6	with	with	ADP
ajfa-8318	7	7	regard	regard	NOUN
ajfa-8318	7	8	to	to	ADP
ajfa-8318	7	9	market	market	NOUN
ajfa-8318	7	10	reactions	reaction	NOUN
ajfa-8318	7	11	to	to	ADP
ajfa-8318	7	12	ceo	ceo	NOUN
ajfa-8318	7	13	successions	succession	NOUN
ajfa-8318	7	14	,	,	PUNCT
ajfa-8318	7	15	by	by	ADP
ajfa-8318	7	16	examining	examine	VERB
ajfa-8318	7	17	how	how	SCONJ
ajfa-8318	7	18	and	and	CCONJ
ajfa-8318	7	19	why	why	SCONJ
ajfa-8318	7	20	new	new	ADJ
ajfa-8318	7	21	ceos	ceos	NOUN
ajfa-8318	7	22	may	may	AUX
ajfa-8318	7	23	choose	choose	VERB
ajfa-8318	7	24	to	to	PART
ajfa-8318	7	25	manipulate	manipulate	VERB
ajfa-8318	7	26	earnings	earning	NOUN
ajfa-8318	7	27	.	.	PUNCT
ajfa-8318	8	1	keywords	keyword	NOUN
ajfa-8318	8	2	:	:	PUNCT
ajfa-8318	8	3	ceo	ceo	NOUN
ajfa-8318	8	4	succession	succession	NOUN
ajfa-8318	8	5	,	,	PUNCT
ajfa-8318	8	6	ceo	ceo	NOUN
ajfa-8318	8	7	impression	impression	NOUN
ajfa-8318	8	8	management	management	NOUN
ajfa-8318	8	9	,	,	PUNCT
ajfa-8318	8	10	market	market	NOUN
ajfa-8318	8	11	reaction	reaction	NOUN
ajfa-8318	8	12	,	,	PUNCT
ajfa-8318	8	13	abnormal	abnormal	ADJ
ajfa-8318	8	14	return	return	NOUN
ajfa-8318	8	15	,	,	PUNCT
ajfa-8318	8	16	real	real	ADJ
ajfa-8318	8	17	operating	operating	NOUN
ajfa-8318	8	18	activities	activity	NOUN
ajfa-8318	8	19	manipulation	manipulation	NOUN
ajfa-8318	8	20	,	,	PUNCT
ajfa-8318	8	21	earnings	earning	NOUN
ajfa-8318	8	22	management	management	NOUN
ajfa-8318	8	23	jel	jel	PROPN
ajfa-8318	8	24	classification	classification	PROPN
ajfa-8318	8	25	:	:	PUNCT
ajfa-8318	8	26	g14	g14	PROPN
ajfa-8318	8	27	,	,	PUNCT
ajfa-8318	8	28	m12	m12	PROPN
ajfa-8318	8	29	,	,	PUNCT
ajfa-8318	8	30	m40	m40	PROPN
ajfa-8318	8	31	,	,	PUNCT
ajfa-8318	8	32	m41	m41	ADJ
ajfa-8318	8	33	asian	asian	ADJ
ajfa-8318	8	34	journal	journal	NOUN
ajfa-8318	8	35	of	of	ADP
ajfa-8318	8	36	finance	finance	PROPN
ajfa-8318	8	37	&	&	CCONJ
ajfa-8318	8	38	accounting	accounting	PROPN
ajfa-8318	8	39	issn	issn	PROPN
ajfa-8318	8	40	1946	1946	NUM
ajfa-8318	8	41	-	-	PUNCT
ajfa-8318	8	42	052x	052x	NOUN
ajfa-8318	8	43	2015	2015	NUM
ajfa-8318	8	44	,	,	PUNCT
ajfa-8318	8	45	vol	vol	NOUN
ajfa-8318	8	46	.	.	PROPN
ajfa-8318	8	47	7	7	NUM
ajfa-8318	8	48	,	,	PUNCT
ajfa-8318	8	49	no	no	INTJ
ajfa-8318	8	50	.	.	NOUN
ajfa-8318	8	51	2	2	NUM
ajfa-8318	8	52	122	122	NUM
ajfa-8318	8	53	1	1	NUM
ajfa-8318	8	54	.	.	PUNCT
ajfa-8318	9	1	introduction	introduction	NOUN
ajfa-8318	9	2	on	on	ADP
ajfa-8318	9	3	october	october	PROPN
ajfa-8318	9	4	8	8	NUM
ajfa-8318	9	5	,	,	PUNCT
ajfa-8318	9	6	2011	2011	NUM
ajfa-8318	9	7	the	the	DET
ajfa-8318	9	8	wall	wall	PROPN
ajfa-8318	9	9	street	street	PROPN
ajfa-8318	9	10	journal	journal	PROPN
ajfa-8318	9	11	stated	state	VERB
ajfa-8318	9	12	that	that	SCONJ
ajfa-8318	9	13	the	the	DET
ajfa-8318	9	14	average	average	ADJ
ajfa-8318	9	15	tenure	tenure	NOUN
ajfa-8318	9	16	of	of	ADP
ajfa-8318	9	17	a	a	DET
ajfa-8318	9	18	fortune	fortune	NOUN
ajfa-8318	9	19	500	500	NUM
ajfa-8318	9	20	ceo	ceo	NOUN
ajfa-8318	9	21	was	be	AUX
ajfa-8318	9	22	10	10	NUM
ajfa-8318	9	23	years	year	NOUN
ajfa-8318	9	24	in	in	ADP
ajfa-8318	9	25	2000	2000	NUM
ajfa-8318	9	26	,	,	PUNCT
ajfa-8318	9	27	eight	eight	NUM
ajfa-8318	9	28	years	year	NOUN
ajfa-8318	9	29	in	in	ADP
ajfa-8318	9	30	2010	2010	NUM
ajfa-8318	9	31	,	,	PUNCT
ajfa-8318	9	32	but	but	CCONJ
ajfa-8318	9	33	only	only	ADV
ajfa-8318	9	34	4.6	4.6	NUM
ajfa-8318	9	35	years	year	NOUN
ajfa-8318	9	36	in	in	ADP
ajfa-8318	9	37	2011	2011	NUM
ajfa-8318	9	38	.	.	PUNCT
ajfa-8318	10	1	when	when	SCONJ
ajfa-8318	10	2	a	a	DET
ajfa-8318	10	3	firm	firm	NOUN
ajfa-8318	10	4	changes	change	VERB
ajfa-8318	10	5	its	its	PRON
ajfa-8318	10	6	chief	chief	ADJ
ajfa-8318	10	7	executive	executive	ADJ
ajfa-8318	10	8	officer	officer	NOUN
ajfa-8318	10	9	(	(	PUNCT
ajfa-8318	10	10	ceo	ceo	NOUN
ajfa-8318	10	11	)	)	PUNCT
ajfa-8318	10	12	,	,	PUNCT
ajfa-8318	10	13	who	who	PRON
ajfa-8318	10	14	is	be	AUX
ajfa-8318	10	15	mainly	mainly	ADV
ajfa-8318	10	16	responsible	responsible	ADJ
ajfa-8318	10	17	for	for	ADP
ajfa-8318	10	18	the	the	DET
ajfa-8318	10	19	firm	firm	NOUN
ajfa-8318	10	20	's	's	PART
ajfa-8318	10	21	operating	operating	NOUN
ajfa-8318	10	22	strategies	strategy	NOUN
ajfa-8318	10	23	,	,	PUNCT
ajfa-8318	10	24	investment	investment	NOUN
ajfa-8318	10	25	decisions	decision	NOUN
ajfa-8318	10	26	,	,	PUNCT
ajfa-8318	10	27	and	and	CCONJ
ajfa-8318	10	28	resources	resource	NOUN
ajfa-8318	10	29	allocations	allocation	NOUN
ajfa-8318	10	30	,	,	PUNCT
ajfa-8318	10	31	thus	thus	ADV
ajfa-8318	10	32	the	the	DET
ajfa-8318	10	33	level	level	NOUN
ajfa-8318	10	34	of	of	ADP
ajfa-8318	10	35	uncertainty	uncertainty	NOUN
ajfa-8318	10	36	is	be	AUX
ajfa-8318	10	37	raised	raise	VERB
ajfa-8318	10	38	.	.	PUNCT
ajfa-8318	11	1	prior	prior	ADJ
ajfa-8318	11	2	studies	study	NOUN
ajfa-8318	11	3	show	show	VERB
ajfa-8318	11	4	that	that	SCONJ
ajfa-8318	11	5	changing	change	VERB
ajfa-8318	11	6	the	the	DET
ajfa-8318	11	7	ceo	ceo	NOUN
ajfa-8318	11	8	can	can	AUX
ajfa-8318	11	9	significantly	significantly	ADV
ajfa-8318	11	10	impact	impact	VERB
ajfa-8318	11	11	the	the	DET
ajfa-8318	11	12	stock	stock	NOUN
ajfa-8318	11	13	price	price	NOUN
ajfa-8318	11	14	and	and	CCONJ
ajfa-8318	11	15	operations	operation	NOUN
ajfa-8318	11	16	of	of	ADP
ajfa-8318	11	17	a	a	DET
ajfa-8318	11	18	firm	firm	NOUN
ajfa-8318	11	19	,	,	PUNCT
ajfa-8318	11	20	due	due	ADP
ajfa-8318	11	21	to	to	ADP
ajfa-8318	11	22	the	the	DET
ajfa-8318	11	23	unknown	unknown	ADJ
ajfa-8318	11	24	aspects	aspect	NOUN
ajfa-8318	11	25	of	of	ADP
ajfa-8318	11	26	“	"	PUNCT
ajfa-8318	11	27	human	human	ADJ
ajfa-8318	11	28	capital	capital	NOUN
ajfa-8318	11	29	”	"	PUNCT
ajfa-8318	11	30	and	and	CCONJ
ajfa-8318	11	31	the	the	DET
ajfa-8318	11	32	signalling	signalling	NOUN
ajfa-8318	11	33	of	of	ADP
ajfa-8318	11	34	uncertainty	uncertainty	NOUN
ajfa-8318	11	35	with	with	ADP
ajfa-8318	11	36	regard	regard	NOUN
ajfa-8318	11	37	to	to	ADP
ajfa-8318	11	38	the	the	DET
ajfa-8318	11	39	company	company	NOUN
ajfa-8318	11	40	’s	’s	PART
ajfa-8318	11	41	strategies	strategy	NOUN
ajfa-8318	11	42	(	(	PUNCT
ajfa-8318	11	43	furtado	furtado	NOUN
ajfa-8318	11	44	and	and	CCONJ
ajfa-8318	11	45	karan	karan	PROPN
ajfa-8318	11	46	1990	1990	NUM
ajfa-8318	11	47	;	;	PUNCT
ajfa-8318	11	48	clayton	clayton	PROPN
ajfa-8318	11	49	et	et	PROPN
ajfa-8318	11	50	al	al	PROPN
ajfa-8318	11	51	.	.	PROPN
ajfa-8318	12	1	2005).the	2005).the	DET
ajfa-8318	12	2	issue	issue	NOUN
ajfa-8318	12	3	of	of	ADP
ajfa-8318	12	4	ceo	ceo	NOUN
ajfa-8318	12	5	successions	succession	NOUN
ajfa-8318	12	6	,	,	PUNCT
ajfa-8318	12	7	and	and	CCONJ
ajfa-8318	12	8	their	their	PRON
ajfa-8318	12	9	related	related	ADJ
ajfa-8318	12	10	effects	effect	NOUN
ajfa-8318	12	11	,	,	PUNCT
ajfa-8318	12	12	is	be	AUX
ajfa-8318	12	13	thus	thus	ADV
ajfa-8318	12	14	an	an	DET
ajfa-8318	12	15	issue	issue	NOUN
ajfa-8318	12	16	that	that	PRON
ajfa-8318	12	17	deserves	deserve	VERB
ajfa-8318	12	18	more	more	ADJ
ajfa-8318	12	19	research	research	NOUN
ajfa-8318	12	20	.	.	PUNCT
ajfa-8318	13	1	a	a	DET
ajfa-8318	13	2	series	series	NOUN
ajfa-8318	13	3	of	of	ADP
ajfa-8318	13	4	financial	financial	ADJ
ajfa-8318	13	5	accounting	accounting	NOUN
ajfa-8318	13	6	studies	study	NOUN
ajfa-8318	13	7	that	that	PRON
ajfa-8318	13	8	examine	examine	VERB
ajfa-8318	13	9	the	the	DET
ajfa-8318	13	10	relation	relation	NOUN
ajfa-8318	13	11	between	between	ADP
ajfa-8318	13	12	ceo	ceo	NOUN
ajfa-8318	13	13	succession	succession	NOUN
ajfa-8318	13	14	and	and	CCONJ
ajfa-8318	13	15	the	the	DET
ajfa-8318	13	16	quality	quality	NOUN
ajfa-8318	13	17	of	of	ADP
ajfa-8318	13	18	financial	financial	ADJ
ajfa-8318	13	19	statements	statement	NOUN
ajfa-8318	13	20	find	find	VERB
ajfa-8318	13	21	that	that	SCONJ
ajfa-8318	13	22	new	new	ADJ
ajfa-8318	13	23	ceos	ceos	NOUN
ajfa-8318	13	24	may	may	AUX
ajfa-8318	13	25	engage	engage	VERB
ajfa-8318	13	26	in	in	ADP
ajfa-8318	13	27	earnings	earning	NOUN
ajfa-8318	13	28	management	management	NOUN
ajfa-8318	13	29	through	through	ADP
ajfa-8318	13	30	manipulation	manipulation	NOUN
ajfa-8318	13	31	discretionary	discretionary	ADJ
ajfa-8318	13	32	accruals	accrual	NOUN
ajfa-8318	13	33	.	.	PUNCT
ajfa-8318	14	1	based	base	VERB
ajfa-8318	14	2	on	on	ADP
ajfa-8318	14	3	the	the	DET
ajfa-8318	14	4	idea	idea	NOUN
ajfa-8318	14	5	of	of	ADP
ajfa-8318	14	6	“	"	PUNCT
ajfa-8318	14	7	taking	take	VERB
ajfa-8318	14	8	a	a	DET
ajfa-8318	14	9	big	big	ADJ
ajfa-8318	14	10	bath	bath	NOUN
ajfa-8318	14	11	”	"	PUNCT
ajfa-8318	14	12	,	,	PUNCT
ajfa-8318	14	13	these	these	DET
ajfa-8318	14	14	works	work	NOUN
ajfa-8318	14	15	find	find	VERB
ajfa-8318	14	16	that	that	SCONJ
ajfa-8318	14	17	new	new	ADJ
ajfa-8318	14	18	ceos	ceo	NOUN
ajfa-8318	14	19	tend	tend	VERB
ajfa-8318	14	20	to	to	PART
ajfa-8318	14	21	lower	lower	VERB
ajfa-8318	14	22	earnings	earning	NOUN
ajfa-8318	14	23	in	in	ADP
ajfa-8318	14	24	the	the	DET
ajfa-8318	14	25	transition	transition	NOUN
ajfa-8318	14	26	year	year	NOUN
ajfa-8318	14	27	,	,	PUNCT
ajfa-8318	14	28	as	as	SCONJ
ajfa-8318	14	29	these	these	PRON
ajfa-8318	14	30	can	can	AUX
ajfa-8318	14	31	be	be	AUX
ajfa-8318	14	32	blamed	blame	VERB
ajfa-8318	14	33	on	on	ADP
ajfa-8318	14	34	the	the	DET
ajfa-8318	14	35	departing	depart	VERB
ajfa-8318	14	36	ceos	ceos	NOUN
ajfa-8318	14	37	,	,	PUNCT
ajfa-8318	14	38	and	and	CCONJ
ajfa-8318	14	39	then	then	ADV
ajfa-8318	14	40	take	take	VERB
ajfa-8318	14	41	advantage	advantage	NOUN
ajfa-8318	14	42	of	of	ADP
ajfa-8318	14	43	accruals	accrual	NOUN
ajfa-8318	14	44	reversals	reversal	NOUN
ajfa-8318	14	45	to	to	PART
ajfa-8318	14	46	improve	improve	VERB
ajfa-8318	14	47	performance	performance	NOUN
ajfa-8318	14	48	in	in	ADP
ajfa-8318	14	49	the	the	DET
ajfa-8318	14	50	next	next	ADJ
ajfa-8318	14	51	year	year	NOUN
ajfa-8318	14	52	,	,	PUNCT
ajfa-8318	14	53	thus	thus	ADV
ajfa-8318	14	54	enhancing	enhance	VERB
ajfa-8318	14	55	their	their	PRON
ajfa-8318	14	56	own	own	ADJ
ajfa-8318	14	57	reputations	reputation	NOUN
ajfa-8318	14	58	(	(	PUNCT
ajfa-8318	14	59	e.g.	e.g.	ADV
ajfa-8318	14	60	pourciau	pourciau	NOUN
ajfa-8318	14	61	1993	1993	NUM
ajfa-8318	14	62	;	;	PUNCT
ajfa-8318	14	63	godfrey	godfrey	PROPN
ajfa-8318	14	64	et	et	PROPN
ajfa-8318	14	65	al	al	PROPN
ajfa-8318	14	66	.	.	PROPN
ajfa-8318	14	67	2003	2003	NUM
ajfa-8318	14	68	)	)	PUNCT
ajfa-8318	14	69	.	.	PUNCT
ajfa-8318	15	1	a	a	DET
ajfa-8318	15	2	survey	survey	NOUN
ajfa-8318	15	3	carried	carry	VERB
ajfa-8318	15	4	out	out	ADP
ajfa-8318	15	5	by	by	ADP
ajfa-8318	15	6	graham	graham	PROPN
ajfa-8318	15	7	et	et	PROPN
ajfa-8318	15	8	al	al	PROPN
ajfa-8318	15	9	.	.	PROPN
ajfa-8318	16	1	(	(	PUNCT
ajfa-8318	16	2	2005	2005	NUM
ajfa-8318	16	3	)	)	PUNCT
ajfa-8318	16	4	shows	show	VERB
ajfa-8318	16	5	that	that	SCONJ
ajfa-8318	16	6	the	the	DET
ajfa-8318	16	7	goal	goal	NOUN
ajfa-8318	16	8	of	of	ADP
ajfa-8318	16	9	establishing	establish	VERB
ajfa-8318	16	10	and	and	CCONJ
ajfa-8318	16	11	maintaining	maintain	VERB
ajfa-8318	16	12	a	a	DET
ajfa-8318	16	13	good	good	ADJ
ajfa-8318	16	14	reputation	reputation	NOUN
ajfa-8318	16	15	may	may	AUX
ajfa-8318	16	16	significantly	significantly	ADV
ajfa-8318	16	17	affect	affect	VERB
ajfa-8318	16	18	the	the	DET
ajfa-8318	16	19	financial	financial	ADJ
ajfa-8318	16	20	reporting	reporting	NOUN
ajfa-8318	16	21	decisions	decision	NOUN
ajfa-8318	16	22	that	that	PRON
ajfa-8318	16	23	ceos	ceos	PROPN
ajfa-8318	16	24	make	make	VERB
ajfa-8318	16	25	.	.	PUNCT
ajfa-8318	17	1	furthermore	furthermore	ADV
ajfa-8318	17	2	based	base	VERB
ajfa-8318	17	3	on	on	ADP
ajfa-8318	17	4	the	the	DET
ajfa-8318	17	5	“	"	PUNCT
ajfa-8318	17	6	rent	rent	NOUN
ajfa-8318	17	7	extraction	extraction	NOUN
ajfa-8318	17	8	”	"	PUNCT
ajfa-8318	17	9	perspective	perspective	NOUN
ajfa-8318	17	10	,	,	PUNCT
ajfa-8318	17	11	francis	francis	PROPN
ajfa-8318	17	12	et	et	PROPN
ajfa-8318	17	13	al	al	PROPN
ajfa-8318	17	14	.	.	PROPN
ajfa-8318	18	1	(	(	PUNCT
ajfa-8318	18	2	2008	2008	NUM
ajfa-8318	18	3	)	)	PUNCT
ajfa-8318	18	4	find	find	VERB
ajfa-8318	18	5	that	that	SCONJ
ajfa-8318	18	6	highly	highly	ADV
ajfa-8318	18	7	reputed	repute	VERB
ajfa-8318	18	8	ceos	ceo	NOUN
ajfa-8318	18	9	have	have	VERB
ajfa-8318	18	10	stronger	strong	ADJ
ajfa-8318	18	11	motivations	motivation	NOUN
ajfa-8318	18	12	to	to	PART
ajfa-8318	18	13	manipulate	manipulate	VERB
ajfa-8318	18	14	earnings	earning	NOUN
ajfa-8318	18	15	in	in	ADP
ajfa-8318	18	16	order	order	NOUN
ajfa-8318	18	17	to	to	PART
ajfa-8318	18	18	maintain	maintain	VERB
ajfa-8318	18	19	their	their	PRON
ajfa-8318	18	20	professional	professional	ADJ
ajfa-8318	18	21	images	image	NOUN
ajfa-8318	18	22	,	,	PUNCT
ajfa-8318	18	23	which	which	PRON
ajfa-8318	18	24	may	may	AUX
ajfa-8318	18	25	result	result	VERB
ajfa-8318	18	26	in	in	ADP
ajfa-8318	18	27	lower	low	ADJ
ajfa-8318	18	28	quality	quality	NOUN
ajfa-8318	18	29	reporting	reporting	NOUN
ajfa-8318	18	30	of	of	ADP
ajfa-8318	18	31	earnings	earning	NOUN
ajfa-8318	18	32	.	.	PUNCT
ajfa-8318	19	1	in	in	ADP
ajfa-8318	19	2	contrast	contrast	NOUN
ajfa-8318	19	3	,	,	PUNCT
ajfa-8318	19	4	ali	ali	PROPN
ajfa-8318	19	5	and	and	CCONJ
ajfa-8318	19	6	zhang	zhang	PROPN
ajfa-8318	19	7	(	(	PUNCT
ajfa-8318	19	8	2013	2013	NUM
ajfa-8318	19	9	)	)	PUNCT
ajfa-8318	19	10	suggest	suggest	VERB
ajfa-8318	19	11	that	that	SCONJ
ajfa-8318	19	12	as	as	SCONJ
ajfa-8318	19	13	ceo	ceo	NOUN
ajfa-8318	19	14	tenure	tenure	NOUN
ajfa-8318	19	15	becomes	become	VERB
ajfa-8318	19	16	longer	long	ADV
ajfa-8318	19	17	,	,	PUNCT
ajfa-8318	19	18	ceos	ceos	PROPN
ajfa-8318	19	19	prefer	prefer	VERB
ajfa-8318	19	20	to	to	PART
ajfa-8318	19	21	recognize	recognize	VERB
ajfa-8318	19	22	negative	negative	ADJ
ajfa-8318	19	23	news	news	NOUN
ajfa-8318	19	24	in	in	ADP
ajfa-8318	19	25	a	a	DET
ajfa-8318	19	26	timely	timely	ADJ
ajfa-8318	19	27	manner	manner	NOUN
ajfa-8318	19	28	and	and	CCONJ
ajfa-8318	19	29	to	to	PART
ajfa-8318	19	30	reduce	reduce	VERB
ajfa-8318	19	31	the	the	DET
ajfa-8318	19	32	amount	amount	NOUN
ajfa-8318	19	33	of	of	ADP
ajfa-8318	19	34	discretionary	discretionary	ADJ
ajfa-8318	19	35	accruals	accrual	NOUN
ajfa-8318	19	36	in	in	ADP
ajfa-8318	19	37	order	order	NOUN
ajfa-8318	19	38	to	to	PART
ajfa-8318	19	39	protect	protect	VERB
ajfa-8318	19	40	their	their	PRON
ajfa-8318	19	41	reputation	reputation	NOUN
ajfa-8318	19	42	.	.	PUNCT
ajfa-8318	20	1	cao	cao	PROPN
ajfa-8318	20	2	et	et	PROPN
ajfa-8318	20	3	al	al	PROPN
ajfa-8318	20	4	.	.	PROPN
ajfa-8318	20	5	(	(	PUNCT
ajfa-8318	20	6	2012	2012	NUM
ajfa-8318	20	7	)	)	PUNCT
ajfa-8318	20	8	,	,	PUNCT
ajfa-8318	20	9	extending	extend	VERB
ajfa-8318	20	10	the	the	DET
ajfa-8318	20	11	concept	concept	NOUN
ajfa-8318	20	12	of	of	ADP
ajfa-8318	20	13	reputation	reputation	NOUN
ajfa-8318	20	14	to	to	ADP
ajfa-8318	20	15	the	the	DET
ajfa-8318	20	16	entire	entire	ADJ
ajfa-8318	20	17	company	company	NOUN
ajfa-8318	20	18	,	,	PUNCT
ajfa-8318	20	19	show	show	VERB
ajfa-8318	20	20	that	that	SCONJ
ajfa-8318	20	21	reputational	reputational	ADJ
ajfa-8318	20	22	concerns	concern	NOUN
ajfa-8318	20	23	can	can	AUX
ajfa-8318	20	24	motivate	motivate	VERB
ajfa-8318	20	25	highly	highly	ADV
ajfa-8318	20	26	reputed	repute	VERB
ajfa-8318	20	27	firms	firm	NOUN
ajfa-8318	20	28	to	to	PART
ajfa-8318	20	29	maintain	maintain	VERB
ajfa-8318	20	30	good	good	ADJ
ajfa-8318	20	31	financial	financial	ADJ
ajfa-8318	20	32	reporting	reporting	NOUN
ajfa-8318	20	33	quality	quality	NOUN
ajfa-8318	20	34	.	.	PUNCT
ajfa-8318	21	1	overall	overall	ADJ
ajfa-8318	21	2	,	,	PUNCT
ajfa-8318	21	3	although	although	SCONJ
ajfa-8318	21	4	tenure	tenure	NOUN
ajfa-8318	21	5	,	,	PUNCT
ajfa-8318	21	6	career	career	NOUN
ajfa-8318	21	7	reputation	reputation	NOUN
ajfa-8318	21	8	,	,	PUNCT
ajfa-8318	21	9	or	or	CCONJ
ajfa-8318	21	10	the	the	DET
ajfa-8318	21	11	idea	idea	NOUN
ajfa-8318	21	12	of	of	ADP
ajfa-8318	21	13	taking	take	VERB
ajfa-8318	21	14	big	big	ADJ
ajfa-8318	21	15	bath	bath	NOUN
ajfa-8318	21	16	may	may	AUX
ajfa-8318	21	17	be	be	AUX
ajfa-8318	21	18	the	the	DET
ajfa-8318	21	19	reasons	reason	NOUN
ajfa-8318	21	20	to	to	PART
ajfa-8318	21	21	impact	impact	VERB
ajfa-8318	21	22	new	new	ADJ
ajfa-8318	21	23	ceos	ceos	NOUN
ajfa-8318	21	24	earnings	earning	NOUN
ajfa-8318	21	25	management	management	NOUN
ajfa-8318	21	26	decisions	decision	NOUN
ajfa-8318	21	27	,	,	PUNCT
ajfa-8318	21	28	undoubtedly	undoubtedly	ADV
ajfa-8318	21	29	,	,	PUNCT
ajfa-8318	21	30	ceos	ceo	NOUN
ajfa-8318	21	31	on	on	ADP
ajfa-8318	21	32	their	their	PRON
ajfa-8318	21	33	successions	succession	NOUN
ajfa-8318	21	34	may	may	AUX
ajfa-8318	21	35	possess	possess	VERB
ajfa-8318	21	36	the	the	DET
ajfa-8318	21	37	motivation	motivation	NOUN
ajfa-8318	21	38	of	of	ADP
ajfa-8318	21	39	earnings	earning	NOUN
ajfa-8318	21	40	management	management	NOUN
ajfa-8318	21	41	.	.	PUNCT
ajfa-8318	22	1	however	however	ADV
ajfa-8318	22	2	,	,	PUNCT
ajfa-8318	22	3	these	these	DET
ajfa-8318	22	4	studies	study	NOUN
ajfa-8318	22	5	only	only	ADV
ajfa-8318	22	6	focus	focus	VERB
ajfa-8318	22	7	on	on	ADP
ajfa-8318	22	8	accruals	accrual	NOUN
ajfa-8318	22	9	management	management	NOUN
ajfa-8318	22	10	(	(	PUNCT
ajfa-8318	22	11	hereafter	hereafter	NOUN
ajfa-8318	22	12	aem	aem	PROPN
ajfa-8318	22	13	)	)	PUNCT
ajfa-8318	22	14	,	,	PUNCT
ajfa-8318	22	15	and	and	CCONJ
ajfa-8318	22	16	neglect	neglect	ADJ
ajfa-8318	22	17	real	real	ADJ
ajfa-8318	22	18	earnings	earning	NOUN
ajfa-8318	22	19	management	management	NOUN
ajfa-8318	22	20	(	(	PUNCT
ajfa-8318	22	21	hereafter	hereafter	ADV
ajfa-8318	22	22	rem	rem	VERB
ajfa-8318	22	23	)	)	PUNCT
ajfa-8318	22	24	.	.	PUNCT
ajfa-8318	23	1	rem	rem	NOUN
ajfa-8318	23	2	means	mean	VERB
ajfa-8318	23	3	managing	manage	VERB
ajfa-8318	23	4	a	a	DET
ajfa-8318	23	5	firm	firm	NOUN
ajfa-8318	23	6	’s	’s	PART
ajfa-8318	23	7	real	real	ADJ
ajfa-8318	23	8	operating	operating	NOUN
ajfa-8318	23	9	activities	activity	NOUN
ajfa-8318	23	10	to	to	PART
ajfa-8318	23	11	meet	meet	VERB
ajfa-8318	23	12	or	or	CCONJ
ajfa-8318	23	13	beat	beat	VERB
ajfa-8318	23	14	earnings	earning	NOUN
ajfa-8318	23	15	benchmarks	benchmark	NOUN
ajfa-8318	23	16	,	,	PUNCT
ajfa-8318	23	17	and	and	CCONJ
ajfa-8318	23	18	this	this	DET
ajfa-8318	23	19	approach	approach	NOUN
ajfa-8318	23	20	is	be	AUX
ajfa-8318	23	21	more	more	ADV
ajfa-8318	23	22	likely	likely	ADJ
ajfa-8318	23	23	to	to	PART
ajfa-8318	23	24	impact	impact	VERB
ajfa-8318	23	25	the	the	DET
ajfa-8318	23	26	firm	firm	NOUN
ajfa-8318	23	27	’s	’s	PART
ajfa-8318	23	28	cash	cash	NOUN
ajfa-8318	23	29	flows	flow	NOUN
ajfa-8318	23	30	and	and	CCONJ
ajfa-8318	23	31	future	future	ADJ
ajfa-8318	23	32	performance	performance	NOUN
ajfa-8318	23	33	than	than	ADP
ajfa-8318	23	34	the	the	DET
ajfa-8318	23	35	use	use	NOUN
ajfa-8318	23	36	of	of	ADP
ajfa-8318	23	37	aem	aem	NOUN
ajfa-8318	23	38	to	to	PART
ajfa-8318	23	39	achieve	achieve	VERB
ajfa-8318	23	40	this	this	PRON
ajfa-8318	23	41	.	.	PUNCT
ajfa-8318	24	1	due	due	ADP
ajfa-8318	24	2	to	to	ADP
ajfa-8318	24	3	the	the	DET
ajfa-8318	24	4	high	high	ADJ
ajfa-8318	24	5	litigation	litigation	NOUN
ajfa-8318	24	6	risk	risk	NOUN
ajfa-8318	24	7	in	in	ADP
ajfa-8318	24	8	the	the	DET
ajfa-8318	24	9	post	post	ADJ
ajfa-8318	24	10	-	-	ADJ
ajfa-8318	24	11	sox	sox	ADJ
ajfa-8318	24	12	(	(	PUNCT
ajfa-8318	24	13	sarbanes	sarbane	NOUN
ajfa-8318	24	14	-	-	PUNCT
ajfa-8318	24	15	oxley	oxley	ADJ
ajfa-8318	24	16	act	act	PROPN
ajfa-8318	24	17	)	)	PUNCT
ajfa-8318	24	18	period	period	NOUN
ajfa-8318	24	19	,	,	PUNCT
ajfa-8318	24	20	managers	manager	NOUN
ajfa-8318	24	21	now	now	ADV
ajfa-8318	24	22	use	use	VERB
ajfa-8318	24	23	rem	rem	VERB
ajfa-8318	24	24	more	more	ADV
ajfa-8318	24	25	often	often	ADV
ajfa-8318	24	26	than	than	ADP
ajfa-8318	24	27	aem	aem	NOUN
ajfa-8318	24	28	to	to	PART
ajfa-8318	24	29	manipulate	manipulate	VERB
ajfa-8318	24	30	earnings	earning	NOUN
ajfa-8318	24	31	(	(	PUNCT
ajfa-8318	24	32	graham	graham	PROPN
ajfa-8318	24	33	et	et	PROPN
ajfa-8318	24	34	al	al	PROPN
ajfa-8318	24	35	.	.	PROPN
ajfa-8318	24	36	2005	2005	NUM
ajfa-8318	24	37	;	;	PUNCT
ajfa-8318	24	38	cohen	cohen	PROPN
ajfa-8318	24	39	et	et	PROPN
ajfa-8318	24	40	al	al	PROPN
ajfa-8318	24	41	.	.	PROPN
ajfa-8318	24	42	2008	2008	NUM
ajfa-8318	24	43	)	)	PUNCT
ajfa-8318	24	44	.	.	PUNCT
ajfa-8318	25	1	our	our	PRON
ajfa-8318	25	2	first	first	ADJ
ajfa-8318	25	3	research	research	NOUN
ajfa-8318	25	4	purpose	purpose	NOUN
ajfa-8318	25	5	is	be	AUX
ajfa-8318	25	6	thus	thus	ADV
ajfa-8318	25	7	to	to	PART
ajfa-8318	25	8	explore	explore	VERB
ajfa-8318	25	9	whether	whether	SCONJ
ajfa-8318	25	10	firms	firm	NOUN
ajfa-8318	25	11	with	with	ADP
ajfa-8318	25	12	ceo	ceo	NOUN
ajfa-8318	25	13	successions	succession	NOUN
ajfa-8318	25	14	have	have	VERB
ajfa-8318	25	15	more	more	ADJ
ajfa-8318	25	16	incentives	incentive	NOUN
ajfa-8318	25	17	to	to	PART
ajfa-8318	25	18	engage	engage	VERB
ajfa-8318	25	19	in	in	ADP
ajfa-8318	25	20	rem	rem	NOUN
ajfa-8318	25	21	than	than	ADP
ajfa-8318	25	22	those	those	PRON
ajfa-8318	25	23	without	without	ADP
ajfa-8318	25	24	ceo	ceo	NOUN
ajfa-8318	25	25	successions	succession	NOUN
ajfa-8318	25	26	.	.	PUNCT
ajfa-8318	26	1	prior	prior	ADJ
ajfa-8318	26	2	studies	study	NOUN
ajfa-8318	26	3	indicate	indicate	VERB
ajfa-8318	26	4	that	that	SCONJ
ajfa-8318	26	5	a	a	DET
ajfa-8318	26	6	ceo	ceo	NOUN
ajfa-8318	26	7	’s	’s	PART
ajfa-8318	26	8	public	public	ADJ
ajfa-8318	26	9	image	image	NOUN
ajfa-8318	26	10	is	be	AUX
ajfa-8318	26	11	established	establish	VERB
ajfa-8318	26	12	based	base	VERB
ajfa-8318	26	13	on	on	ADP
ajfa-8318	26	14	market	market	NOUN
ajfa-8318	26	15	perceptions	perception	NOUN
ajfa-8318	26	16	of	of	ADP
ajfa-8318	26	17	their	their	PRON
ajfa-8318	26	18	abilities	ability	NOUN
ajfa-8318	26	19	(	(	PUNCT
ajfa-8318	26	20	e.g.	e.g.	ADV
ajfa-8318	26	21	holmstrom	holmstrom	PROPN
ajfa-8318	26	22	1999	1999	NUM
ajfa-8318	26	23	;	;	PUNCT
ajfa-8318	26	24	milbourn	milbourn	NOUN
ajfa-8318	26	25	2003	2003	NUM
ajfa-8318	26	26	)	)	PUNCT
ajfa-8318	26	27	.	.	PUNCT
ajfa-8318	27	1	any	any	DET
ajfa-8318	27	2	unexpected	unexpected	ADJ
ajfa-8318	27	3	equity	equity	NOUN
ajfa-8318	27	4	volatility	volatility	NOUN
ajfa-8318	27	5	due	due	ADP
ajfa-8318	27	6	to	to	ADP
ajfa-8318	27	7	new	new	ADJ
ajfa-8318	27	8	ceo	ceo	NOUN
ajfa-8318	27	9	may	may	AUX
ajfa-8318	27	10	represent	represent	VERB
ajfa-8318	27	11	investors	investor	NOUN
ajfa-8318	27	12	’	’	PART
ajfa-8318	27	13	perceptions	perception	NOUN
ajfa-8318	27	14	or	or	CCONJ
ajfa-8318	27	15	valuations	valuation	NOUN
ajfa-8318	27	16	of	of	ADP
ajfa-8318	27	17	the	the	DET
ajfa-8318	27	18	new	new	PROPN
ajfa-8318	27	19	ceo	ceo	PROPN
ajfa-8318	27	20	’s	’s	PART
ajfa-8318	27	21	abilities	ability	NOUN
ajfa-8318	27	22	.	.	PUNCT
ajfa-8318	28	1	a	a	DET
ajfa-8318	28	2	positive	positive	ADJ
ajfa-8318	28	3	market	market	NOUN
ajfa-8318	28	4	perception	perception	NOUN
ajfa-8318	28	5	(	(	PUNCT
ajfa-8318	28	6	reaction	reaction	NOUN
ajfa-8318	28	7	)	)	PUNCT
ajfa-8318	28	8	can	can	AUX
ajfa-8318	28	9	motivate	motivate	VERB
ajfa-8318	28	10	managers	manager	NOUN
ajfa-8318	28	11	to	to	PART
ajfa-8318	28	12	manage	manage	VERB
ajfa-8318	28	13	earnings	earning	NOUN
ajfa-8318	28	14	to	to	PART
ajfa-8318	28	15	match	match	VERB
ajfa-8318	28	16	investors	investor	NOUN
ajfa-8318	28	17	’	’	PART
ajfa-8318	28	18	expectations	expectation	NOUN
ajfa-8318	28	19	,	,	PUNCT
ajfa-8318	28	20	so	so	SCONJ
ajfa-8318	28	21	as	as	SCONJ
ajfa-8318	28	22	to	to	PART
ajfa-8318	28	23	build	build	VERB
ajfa-8318	28	24	or	or	CCONJ
ajfa-8318	28	25	retain	retain	VERB
ajfa-8318	28	26	their	their	PRON
ajfa-8318	28	27	reputations	reputation	NOUN
ajfa-8318	28	28	and	and	CCONJ
ajfa-8318	28	29	career	career	NOUN
ajfa-8318	28	30	prospects	prospect	NOUN
ajfa-8318	28	31	.	.	PUNCT
ajfa-8318	29	1	however	however	ADV
ajfa-8318	29	2	,	,	PUNCT
ajfa-8318	29	3	the	the	DET
ajfa-8318	29	4	incoming	incoming	ADJ
ajfa-8318	29	5	ceos	ceos	NOUN
ajfa-8318	29	6	if	if	SCONJ
ajfa-8318	29	7	face	face	NOUN
ajfa-8318	29	8	with	with	ADP
ajfa-8318	29	9	negative	negative	ADJ
ajfa-8318	29	10	market	market	NOUN
ajfa-8318	29	11	reactions	reaction	NOUN
ajfa-8318	29	12	have	have	VERB
ajfa-8318	29	13	stronger	strong	ADJ
ajfa-8318	29	14	motivations	motivation	NOUN
ajfa-8318	29	15	to	to	PART
ajfa-8318	29	16	prove	prove	VERB
ajfa-8318	29	17	the	the	DET
ajfa-8318	29	18	market	market	NOUN
ajfa-8318	29	19	their	their	PRON
ajfa-8318	29	20	capabilities	capability	NOUN
ajfa-8318	29	21	through	through	ADP
ajfa-8318	29	22	aggressive	aggressive	ADJ
ajfa-8318	29	23	earnings	earning	NOUN
ajfa-8318	29	24	management	management	NOUN
ajfa-8318	29	25	to	to	ADP
ajfa-8318	29	26	asian	asian	ADJ
ajfa-8318	29	27	journal	journal	NOUN
ajfa-8318	29	28	of	of	ADP
ajfa-8318	29	29	finance	finance	PROPN
ajfa-8318	29	30	&	&	CCONJ
ajfa-8318	29	31	accounting	accounting	PROPN
ajfa-8318	29	32	issn	issn	PROPN
ajfa-8318	29	33	1946	1946	NUM
ajfa-8318	29	34	-	-	PUNCT
ajfa-8318	29	35	052x	052x	NOUN
ajfa-8318	29	36	2015	2015	NUM
ajfa-8318	29	37	,	,	PUNCT
ajfa-8318	29	38	vol	vol	NOUN
ajfa-8318	29	39	.	.	PROPN
ajfa-8318	29	40	7	7	NUM
ajfa-8318	29	41	,	,	PUNCT
ajfa-8318	29	42	no	no	INTJ
ajfa-8318	29	43	.	.	NOUN
ajfa-8318	29	44	2	2	NUM
ajfa-8318	29	45	123	123	NUM
ajfa-8318	29	46	reverse	reverse	NOUN
ajfa-8318	29	47	investors	investor	NOUN
ajfa-8318	29	48	’	'	PUNCT
ajfa-8318	29	49	negative	negative	ADJ
ajfa-8318	29	50	beliefs	belief	NOUN
ajfa-8318	29	51	(	(	PUNCT
ajfa-8318	29	52	clayton	clayton	PROPN
ajfa-8318	29	53	et	et	PROPN
ajfa-8318	29	54	al	al	PROPN
ajfa-8318	29	55	.	.	PROPN
ajfa-8318	29	56	2005	2005	NUM
ajfa-8318	29	57	)	)	PUNCT
ajfa-8318	29	58	.	.	PUNCT
ajfa-8318	30	1	it	it	PRON
ajfa-8318	30	2	is	be	AUX
ajfa-8318	30	3	thus	thus	ADV
ajfa-8318	30	4	an	an	DET
ajfa-8318	30	5	empirical	empirical	ADJ
ajfa-8318	30	6	issue	issue	NOUN
ajfa-8318	30	7	as	as	ADP
ajfa-8318	30	8	to	to	ADP
ajfa-8318	30	9	how	how	SCONJ
ajfa-8318	30	10	market	market	NOUN
ajfa-8318	30	11	expectations	expectation	NOUN
ajfa-8318	30	12	affect	affect	VERB
ajfa-8318	30	13	a	a	DET
ajfa-8318	30	14	new	new	ADJ
ajfa-8318	30	15	ceo	ceo	NOUN
ajfa-8318	30	16	’s	’s	PART
ajfa-8318	30	17	earnings	earning	NOUN
ajfa-8318	30	18	management	management	NOUN
ajfa-8318	30	19	behaviors	behavior	NOUN
ajfa-8318	30	20	.	.	PUNCT
ajfa-8318	31	1	this	this	DET
ajfa-8318	31	2	work	work	NOUN
ajfa-8318	31	3	matches	match	VERB
ajfa-8318	31	4	one	one	NUM
ajfa-8318	31	5	non	non	ADJ
ajfa-8318	31	6	-	-	ADJ
ajfa-8318	31	7	succession	succession	ADJ
ajfa-8318	31	8	observation	observation	NOUN
ajfa-8318	31	9	for	for	ADP
ajfa-8318	31	10	each	each	DET
ajfa-8318	31	11	succession	succession	NOUN
ajfa-8318	31	12	observation	observation	NOUN
ajfa-8318	31	13	and	and	CCONJ
ajfa-8318	31	14	finds	find	VERB
ajfa-8318	31	15	that	that	SCONJ
ajfa-8318	31	16	compared	compare	VERB
ajfa-8318	31	17	to	to	ADP
ajfa-8318	31	18	non	non	ADJ
ajfa-8318	31	19	-	-	ADJ
ajfa-8318	31	20	succession	succession	ADJ
ajfa-8318	31	21	firms	firm	NOUN
ajfa-8318	31	22	,	,	PUNCT
ajfa-8318	31	23	ceo	ceo	NOUN
ajfa-8318	31	24	succession	succession	NOUN
ajfa-8318	31	25	firms	firm	NOUN
ajfa-8318	31	26	are	be	AUX
ajfa-8318	31	27	negatively	negatively	ADV
ajfa-8318	31	28	related	relate	VERB
ajfa-8318	31	29	with	with	ADP
ajfa-8318	31	30	rem	rem	NOUN
ajfa-8318	31	31	,	,	PUNCT
ajfa-8318	31	32	indicating	indicate	VERB
ajfa-8318	31	33	the	the	DET
ajfa-8318	31	34	new	new	ADJ
ajfa-8318	31	35	ceo	ceo	NOUN
ajfa-8318	31	36	is	be	AUX
ajfa-8318	31	37	likely	likely	ADJ
ajfa-8318	31	38	to	to	PART
ajfa-8318	31	39	carefully	carefully	ADV
ajfa-8318	31	40	use	use	VERB
ajfa-8318	31	41	rem	rem	VERB
ajfa-8318	31	42	as	as	ADP
ajfa-8318	31	43	a	a	DET
ajfa-8318	31	44	way	way	NOUN
ajfa-8318	31	45	to	to	PART
ajfa-8318	31	46	enhance	enhance	VERB
ajfa-8318	31	47	earnings	earning	NOUN
ajfa-8318	31	48	.	.	PUNCT
ajfa-8318	32	1	however	however	ADV
ajfa-8318	32	2	,	,	PUNCT
ajfa-8318	32	3	we	we	PRON
ajfa-8318	32	4	also	also	ADV
ajfa-8318	32	5	find	find	VERB
ajfa-8318	32	6	that	that	SCONJ
ajfa-8318	32	7	when	when	SCONJ
ajfa-8318	32	8	new	new	ADJ
ajfa-8318	32	9	ceos	ceo	NOUN
ajfa-8318	32	10	are	be	AUX
ajfa-8318	32	11	faced	face	VERB
ajfa-8318	32	12	with	with	ADP
ajfa-8318	32	13	negative	negative	ADJ
ajfa-8318	32	14	cumulative	cumulative	ADJ
ajfa-8318	32	15	abnormal	abnormal	ADJ
ajfa-8318	32	16	returns	return	NOUN
ajfa-8318	32	17	(	(	PUNCT
ajfa-8318	32	18	cars	car	NOUN
ajfa-8318	32	19	)	)	PUNCT
ajfa-8318	32	20	,	,	PUNCT
ajfa-8318	32	21	they	they	PRON
ajfa-8318	32	22	are	be	AUX
ajfa-8318	32	23	more	more	ADV
ajfa-8318	32	24	likely	likely	ADJ
ajfa-8318	32	25	to	to	PART
ajfa-8318	32	26	engage	engage	VERB
ajfa-8318	32	27	in	in	ADP
ajfa-8318	32	28	rem	rem	NOUN
ajfa-8318	32	29	than	than	ADP
ajfa-8318	32	30	those	those	PRON
ajfa-8318	32	31	with	with	ADP
ajfa-8318	32	32	positive	positive	ADJ
ajfa-8318	32	33	cars	car	NOUN
ajfa-8318	32	34	,	,	PUNCT
ajfa-8318	32	35	since	since	SCONJ
ajfa-8318	32	36	they	they	PRON
ajfa-8318	32	37	are	be	AUX
ajfa-8318	32	38	under	under	ADP
ajfa-8318	32	39	more	more	ADJ
ajfa-8318	32	40	pressure	pressure	NOUN
ajfa-8318	32	41	to	to	PART
ajfa-8318	32	42	reverse	reverse	VERB
ajfa-8318	32	43	the	the	DET
ajfa-8318	32	44	negative	negative	ADJ
ajfa-8318	32	45	perceptions	perception	NOUN
ajfa-8318	32	46	that	that	SCONJ
ajfa-8318	32	47	the	the	DET
ajfa-8318	32	48	market	market	NOUN
ajfa-8318	32	49	has	have	VERB
ajfa-8318	32	50	of	of	ADP
ajfa-8318	32	51	them	they	PRON
ajfa-8318	32	52	.	.	PUNCT
ajfa-8318	33	1	these	these	DET
ajfa-8318	33	2	findings	finding	NOUN
ajfa-8318	33	3	are	be	AUX
ajfa-8318	33	4	also	also	ADV
ajfa-8318	33	5	supported	support	VERB
ajfa-8318	33	6	by	by	ADP
ajfa-8318	33	7	the	the	DET
ajfa-8318	33	8	additional	additional	ADJ
ajfa-8318	33	9	test	test	NOUN
ajfa-8318	33	10	of	of	ADP
ajfa-8318	33	11	change	change	NOUN
ajfa-8318	33	12	models	model	NOUN
ajfa-8318	33	13	,	,	PUNCT
ajfa-8318	33	14	which	which	PRON
ajfa-8318	33	15	is	be	AUX
ajfa-8318	33	16	a	a	DET
ajfa-8318	33	17	way	way	NOUN
ajfa-8318	33	18	to	to	PART
ajfa-8318	33	19	exclude	exclude	VERB
ajfa-8318	33	20	the	the	DET
ajfa-8318	33	21	issues	issue	NOUN
ajfa-8318	33	22	of	of	ADP
ajfa-8318	33	23	inherent	inherent	ADJ
ajfa-8318	33	24	earnings	earning	NOUN
ajfa-8318	33	25	management	management	NOUN
ajfa-8318	33	26	and	and	CCONJ
ajfa-8318	33	27	self	self	NOUN
ajfa-8318	33	28	-	-	PUNCT
ajfa-8318	33	29	selection	selection	NOUN
ajfa-8318	33	30	bias	bias	NOUN
ajfa-8318	33	31	from	from	ADP
ajfa-8318	33	32	our	our	PRON
ajfa-8318	33	33	results	result	NOUN
ajfa-8318	33	34	.	.	PUNCT
ajfa-8318	34	1	our	our	PRON
ajfa-8318	34	2	evidence	evidence	NOUN
ajfa-8318	34	3	offers	offer	VERB
ajfa-8318	34	4	varied	varied	ADJ
ajfa-8318	34	5	insights	insight	NOUN
ajfa-8318	34	6	from	from	ADP
ajfa-8318	34	7	previous	previous	ADJ
ajfa-8318	34	8	studies	study	NOUN
ajfa-8318	34	9	by	by	ADP
ajfa-8318	34	10	proving	prove	VERB
ajfa-8318	34	11	the	the	DET
ajfa-8318	34	12	increasing	increase	VERB
ajfa-8318	34	13	market	market	NOUN
ajfa-8318	34	14	volatility	volatility	NOUN
ajfa-8318	34	15	can	can	AUX
ajfa-8318	34	16	influence	influence	VERB
ajfa-8318	34	17	the	the	DET
ajfa-8318	34	18	new	new	ADJ
ajfa-8318	34	19	ceo	ceo	PROPN
ajfa-8318	34	20	’s	’s	PART
ajfa-8318	34	21	accounting	accounting	NOUN
ajfa-8318	34	22	policies	policy	NOUN
ajfa-8318	34	23	in	in	ADP
ajfa-8318	34	24	order	order	NOUN
ajfa-8318	34	25	to	to	PART
ajfa-8318	34	26	protect	protect	VERB
ajfa-8318	34	27	their	their	PRON
ajfa-8318	34	28	reputations	reputation	NOUN
ajfa-8318	34	29	and	and	CCONJ
ajfa-8318	34	30	job	job	NOUN
ajfa-8318	34	31	prospects	prospect	NOUN
ajfa-8318	34	32	.	.	PUNCT
ajfa-8318	35	1	we	we	PRON
ajfa-8318	35	2	offer	offer	VERB
ajfa-8318	35	3	evidence	evidence	NOUN
ajfa-8318	35	4	with	with	ADP
ajfa-8318	35	5	regard	regard	NOUN
ajfa-8318	35	6	to	to	ADP
ajfa-8318	35	7	how	how	SCONJ
ajfa-8318	35	8	the	the	DET
ajfa-8318	35	9	market	market	NOUN
ajfa-8318	35	10	’s	’s	PART
ajfa-8318	35	11	perceptions	perception	NOUN
ajfa-8318	35	12	of	of	ADP
ajfa-8318	35	13	new	new	ADJ
ajfa-8318	35	14	ceos	ceo	NOUN
ajfa-8318	35	15	’	'	PUNCT
ajfa-8318	35	16	capabilities	capability	NOUN
ajfa-8318	35	17	affect	affect	VERB
ajfa-8318	35	18	their	their	PRON
ajfa-8318	35	19	real	real	ADJ
ajfa-8318	35	20	earnings	earning	NOUN
ajfa-8318	35	21	management	management	NOUN
ajfa-8318	35	22	behavior	behavior	NOUN
ajfa-8318	35	23	.	.	PUNCT
ajfa-8318	36	1	the	the	DET
ajfa-8318	36	2	rest	rest	NOUN
ajfa-8318	36	3	of	of	ADP
ajfa-8318	36	4	this	this	DET
ajfa-8318	36	5	paper	paper	NOUN
ajfa-8318	36	6	is	be	AUX
ajfa-8318	36	7	organized	organize	VERB
ajfa-8318	36	8	as	as	SCONJ
ajfa-8318	36	9	follows	follow	VERB
ajfa-8318	36	10	.	.	PUNCT
ajfa-8318	37	1	section	section	NOUN
ajfa-8318	37	2	2	2	NUM
ajfa-8318	37	3	presents	present	VERB
ajfa-8318	37	4	a	a	DET
ajfa-8318	37	5	review	review	NOUN
ajfa-8318	37	6	of	of	ADP
ajfa-8318	37	7	the	the	DET
ajfa-8318	37	8	literature	literature	NOUN
ajfa-8318	37	9	and	and	CCONJ
ajfa-8318	37	10	hypotheses	hypothese	VERB
ajfa-8318	37	11	development	development	NOUN
ajfa-8318	37	12	,	,	PUNCT
ajfa-8318	37	13	while	while	SCONJ
ajfa-8318	37	14	section	section	NOUN
ajfa-8318	37	15	3	3	NUM
ajfa-8318	37	16	provides	provide	VERB
ajfa-8318	37	17	our	our	PRON
ajfa-8318	37	18	research	research	NOUN
ajfa-8318	37	19	design	design	NOUN
ajfa-8318	37	20	and	and	CCONJ
ajfa-8318	37	21	empirical	empirical	ADJ
ajfa-8318	37	22	models	model	NOUN
ajfa-8318	37	23	.	.	PUNCT
ajfa-8318	38	1	section	section	NOUN
ajfa-8318	38	2	4	4	NUM
ajfa-8318	38	3	presents	present	VERB
ajfa-8318	38	4	the	the	DET
ajfa-8318	38	5	empirical	empirical	ADJ
ajfa-8318	38	6	results	result	NOUN
ajfa-8318	38	7	of	of	ADP
ajfa-8318	38	8	this	this	DET
ajfa-8318	38	9	work	work	NOUN
ajfa-8318	38	10	,	,	PUNCT
ajfa-8318	38	11	and	and	CCONJ
ajfa-8318	38	12	section	section	NOUN
ajfa-8318	38	13	5	5	NUM
ajfa-8318	38	14	then	then	ADV
ajfa-8318	38	15	gives	give	VERB
ajfa-8318	38	16	the	the	DET
ajfa-8318	38	17	conclusions	conclusion	NOUN
ajfa-8318	38	18	.	.	PUNCT
ajfa-8318	39	1	2	2	X
ajfa-8318	39	2	.	.	X
ajfa-8318	39	3	literature	literature	NOUN
ajfa-8318	39	4	reviews	review	NOUN
ajfa-8318	39	5	and	and	CCONJ
ajfa-8318	39	6	hypotheses	hypothese	VERB
ajfa-8318	39	7	development	development	NOUN
ajfa-8318	39	8	2.1	2.1	NUM
ajfa-8318	39	9	earnings	earning	NOUN
ajfa-8318	39	10	management	management	NOUN
ajfa-8318	39	11	and	and	CCONJ
ajfa-8318	39	12	ceo	ceo	NOUN
ajfa-8318	39	13	succession	succession	NOUN
ajfa-8318	39	14	the	the	DET
ajfa-8318	39	15	prior	prior	ADJ
ajfa-8318	39	16	literature	literature	NOUN
ajfa-8318	39	17	indicates	indicate	VERB
ajfa-8318	39	18	that	that	SCONJ
ajfa-8318	39	19	new	new	ADJ
ajfa-8318	39	20	ceos	ceo	NOUN
ajfa-8318	39	21	have	have	VERB
ajfa-8318	39	22	greater	great	ADJ
ajfa-8318	39	23	incentives	incentive	NOUN
ajfa-8318	39	24	to	to	PART
ajfa-8318	39	25	manipulate	manipulate	VERB
ajfa-8318	39	26	discretionary	discretionary	ADJ
ajfa-8318	39	27	accruals	accrual	NOUN
ajfa-8318	39	28	,	,	PUNCT
ajfa-8318	39	29	since	since	SCONJ
ajfa-8318	39	30	they	they	PRON
ajfa-8318	39	31	face	face	VERB
ajfa-8318	39	32	pressure	pressure	NOUN
ajfa-8318	39	33	to	to	PART
ajfa-8318	39	34	convince	convince	VERB
ajfa-8318	39	35	the	the	DET
ajfa-8318	39	36	board	board	NOUN
ajfa-8318	39	37	and	and	CCONJ
ajfa-8318	39	38	investors	investor	NOUN
ajfa-8318	39	39	that	that	SCONJ
ajfa-8318	39	40	they	they	PRON
ajfa-8318	39	41	are	be	AUX
ajfa-8318	39	42	able	able	ADJ
ajfa-8318	39	43	to	to	PART
ajfa-8318	39	44	improve	improve	VERB
ajfa-8318	39	45	future	future	ADJ
ajfa-8318	39	46	earnings	earning	NOUN
ajfa-8318	39	47	.	.	PUNCT
ajfa-8318	40	1	according	accord	VERB
ajfa-8318	40	2	to	to	ADP
ajfa-8318	40	3	davidson	davidson	PROPN
ajfa-8318	40	4	iii	iii	PROPN
ajfa-8318	40	5	et	et	PROPN
ajfa-8318	40	6	al	al	PROPN
ajfa-8318	40	7	.	.	PROPN
ajfa-8318	41	1	(	(	PUNCT
ajfa-8318	41	2	2004	2004	NUM
ajfa-8318	41	3	)	)	PUNCT
ajfa-8318	41	4	,	,	PUNCT
ajfa-8318	41	5	the	the	DET
ajfa-8318	41	6	first	first	ADJ
ajfa-8318	41	7	impression	impression	NOUN
ajfa-8318	41	8	new	new	ADJ
ajfa-8318	41	9	ceos	ceos	NOUN
ajfa-8318	41	10	establish	establish	VERB
ajfa-8318	41	11	can	can	AUX
ajfa-8318	41	12	have	have	VERB
ajfa-8318	41	13	significant	significant	ADJ
ajfa-8318	41	14	effects	effect	NOUN
ajfa-8318	41	15	on	on	ADP
ajfa-8318	41	16	their	their	PRON
ajfa-8318	41	17	career	career	NOUN
ajfa-8318	41	18	prospects	prospect	NOUN
ajfa-8318	41	19	and	and	CCONJ
ajfa-8318	41	20	firms	firm	NOUN
ajfa-8318	41	21	’	'	PUNCT
ajfa-8318	41	22	future	future	ADJ
ajfa-8318	41	23	performance	performance	NOUN
ajfa-8318	41	24	.	.	PUNCT
ajfa-8318	42	1	ali	ali	PROPN
ajfa-8318	42	2	and	and	CCONJ
ajfa-8318	42	3	zhang	zhang	PROPN
ajfa-8318	42	4	(	(	PUNCT
ajfa-8318	42	5	2013	2013	NUM
ajfa-8318	42	6	)	)	PUNCT
ajfa-8318	42	7	note	note	VERB
ajfa-8318	42	8	that	that	SCONJ
ajfa-8318	42	9	a	a	DET
ajfa-8318	42	10	short	short	ADJ
ajfa-8318	42	11	tenured	tenure	VERB
ajfa-8318	42	12	ceo	ceo	NOUN
ajfa-8318	42	13	may	may	AUX
ajfa-8318	42	14	engage	engage	VERB
ajfa-8318	42	15	in	in	ADP
ajfa-8318	42	16	aggressive	aggressive	ADJ
ajfa-8318	42	17	financial	financial	ADJ
ajfa-8318	42	18	reporting	reporting	NOUN
ajfa-8318	42	19	choices	choice	NOUN
ajfa-8318	42	20	in	in	ADP
ajfa-8318	42	21	order	order	NOUN
ajfa-8318	42	22	to	to	PART
ajfa-8318	42	23	establish	establish	VERB
ajfa-8318	42	24	a	a	DET
ajfa-8318	42	25	good	good	ADJ
ajfa-8318	42	26	reputation	reputation	NOUN
ajfa-8318	42	27	at	at	ADP
ajfa-8318	42	28	an	an	DET
ajfa-8318	42	29	early	early	ADJ
ajfa-8318	42	30	stage	stage	NOUN
ajfa-8318	42	31	of	of	ADP
ajfa-8318	42	32	their	their	PRON
ajfa-8318	42	33	career	career	NOUN
ajfa-8318	42	34	.	.	PUNCT
ajfa-8318	43	1	therefore	therefore	ADV
ajfa-8318	43	2	,	,	PUNCT
ajfa-8318	43	3	ceos	ceo	NOUN
ajfa-8318	43	4	have	have	VERB
ajfa-8318	43	5	an	an	DET
ajfa-8318	43	6	incentive	incentive	NOUN
ajfa-8318	43	7	to	to	PART
ajfa-8318	43	8	inflate	inflate	VERB
ajfa-8318	43	9	reported	report	VERB
ajfa-8318	43	10	earnings	earning	NOUN
ajfa-8318	43	11	at	at	ADP
ajfa-8318	43	12	the	the	DET
ajfa-8318	43	13	beginning	beginning	NOUN
ajfa-8318	43	14	of	of	ADP
ajfa-8318	43	15	their	their	PRON
ajfa-8318	43	16	tenure	tenure	NOUN
ajfa-8318	43	17	.	.	PUNCT
ajfa-8318	44	1	similarly	similarly	ADV
ajfa-8318	44	2	,	,	PUNCT
ajfa-8318	44	3	francis	francis	PROPN
ajfa-8318	44	4	et	et	PROPN
ajfa-8318	44	5	al	al	PROPN
ajfa-8318	44	6	.	.	PROPN
ajfa-8318	45	1	(	(	PUNCT
ajfa-8318	45	2	2008	2008	NUM
ajfa-8318	45	3	)	)	PUNCT
ajfa-8318	45	4	and	and	CCONJ
ajfa-8318	45	5	seybert	seybert	PROPN
ajfa-8318	45	6	(	(	PUNCT
ajfa-8318	45	7	2010	2010	NUM
ajfa-8318	45	8	)	)	PUNCT
ajfa-8318	45	9	provide	provide	VERB
ajfa-8318	45	10	empirical	empirical	ADJ
ajfa-8318	45	11	and	and	CCONJ
ajfa-8318	45	12	experimental	experimental	ADJ
ajfa-8318	45	13	evidence	evidence	NOUN
ajfa-8318	45	14	to	to	PART
ajfa-8318	45	15	support	support	VERB
ajfa-8318	45	16	the	the	DET
ajfa-8318	45	17	view	view	NOUN
ajfa-8318	45	18	that	that	SCONJ
ajfa-8318	45	19	ceos	ceo	NOUN
ajfa-8318	45	20	’	'	PUNCT
ajfa-8318	45	21	reputational	reputational	ADJ
ajfa-8318	45	22	concerns	concern	NOUN
ajfa-8318	45	23	significantly	significantly	ADV
ajfa-8318	45	24	affect	affect	VERB
ajfa-8318	45	25	their	their	PRON
ajfa-8318	45	26	financial	financial	ADJ
ajfa-8318	45	27	reporting	reporting	NOUN
ajfa-8318	45	28	decisions	decision	NOUN
ajfa-8318	45	29	.	.	PUNCT
ajfa-8318	46	1	on	on	ADP
ajfa-8318	46	2	the	the	DET
ajfa-8318	46	3	other	other	ADJ
ajfa-8318	46	4	hand	hand	NOUN
ajfa-8318	46	5	,	,	PUNCT
ajfa-8318	46	6	most	most	ADJ
ajfa-8318	46	7	prior	prior	ADJ
ajfa-8318	46	8	studies	study	NOUN
ajfa-8318	46	9	support	support	VERB
ajfa-8318	46	10	the	the	DET
ajfa-8318	46	11	idea	idea	NOUN
ajfa-8318	46	12	of	of	ADP
ajfa-8318	46	13	“	"	PUNCT
ajfa-8318	46	14	taking	take	VERB
ajfa-8318	46	15	a	a	DET
ajfa-8318	46	16	big	big	ADJ
ajfa-8318	46	17	bath	bath	NOUN
ajfa-8318	46	18	”	"	PUNCT
ajfa-8318	46	19	,	,	PUNCT
ajfa-8318	46	20	that	that	SCONJ
ajfa-8318	46	21	new	new	ADJ
ajfa-8318	46	22	ceos	ceo	NOUN
ajfa-8318	46	23	tend	tend	VERB
ajfa-8318	46	24	to	to	PART
ajfa-8318	46	25	decrease	decrease	VERB
ajfa-8318	46	26	earnings	earning	NOUN
ajfa-8318	46	27	in	in	ADP
ajfa-8318	46	28	the	the	DET
ajfa-8318	46	29	year	year	NOUN
ajfa-8318	46	30	of	of	ADP
ajfa-8318	46	31	their	their	PRON
ajfa-8318	46	32	succession	succession	NOUN
ajfa-8318	46	33	to	to	PART
ajfa-8318	46	34	impute	impute	VERB
ajfa-8318	46	35	the	the	DET
ajfa-8318	46	36	bad	bad	ADJ
ajfa-8318	46	37	performance	performance	NOUN
ajfa-8318	46	38	to	to	ADP
ajfa-8318	46	39	the	the	DET
ajfa-8318	46	40	pervious	pervious	ADJ
ajfa-8318	46	41	managers	manager	NOUN
ajfa-8318	46	42	and	and	CCONJ
ajfa-8318	46	43	to	to	PART
ajfa-8318	46	44	lower	lower	VERB
ajfa-8318	46	45	the	the	DET
ajfa-8318	46	46	benchmark	benchmark	NOUN
ajfa-8318	46	47	for	for	ADP
ajfa-8318	46	48	performance	performance	NOUN
ajfa-8318	46	49	in	in	ADP
ajfa-8318	46	50	the	the	DET
ajfa-8318	46	51	subsequent	subsequent	ADJ
ajfa-8318	46	52	year	year	NOUN
ajfa-8318	46	53	.	.	PUNCT
ajfa-8318	47	1	then	then	ADV
ajfa-8318	47	2	,	,	PUNCT
ajfa-8318	47	3	the	the	DET
ajfa-8318	47	4	new	new	ADJ
ajfa-8318	47	5	ceo	ceo	NOUN
ajfa-8318	47	6	may	may	AUX
ajfa-8318	47	7	be	be	AUX
ajfa-8318	47	8	able	able	ADJ
ajfa-8318	47	9	to	to	PART
ajfa-8318	47	10	significantly	significantly	ADV
ajfa-8318	47	11	improve	improve	VERB
ajfa-8318	47	12	results	result	NOUN
ajfa-8318	47	13	,	,	PUNCT
ajfa-8318	47	14	and	and	CCONJ
ajfa-8318	47	15	thus	thus	ADV
ajfa-8318	47	16	impress	impress	VERB
ajfa-8318	47	17	stakeholders	stakeholder	NOUN
ajfa-8318	47	18	(	(	PUNCT
ajfa-8318	47	19	pourciau	pourciau	NOUN
ajfa-8318	47	20	1993	1993	NUM
ajfa-8318	47	21	;	;	PUNCT
ajfa-8318	47	22	godfrey	godfrey	PROPN
ajfa-8318	47	23	et	et	PROPN
ajfa-8318	47	24	al	al	PROPN
ajfa-8318	47	25	.	.	PROPN
ajfa-8318	47	26	2003	2003	NUM
ajfa-8318	47	27	)	)	PUNCT
ajfa-8318	47	28	.	.	PUNCT
ajfa-8318	48	1	taken	take	VERB
ajfa-8318	48	2	together	together	ADV
ajfa-8318	48	3	,	,	PUNCT
ajfa-8318	48	4	these	these	DET
ajfa-8318	48	5	results	result	NOUN
ajfa-8318	48	6	indicate	indicate	VERB
ajfa-8318	48	7	that	that	PRON
ajfa-8318	48	8	ceo	ceo	NOUN
ajfa-8318	48	9	succession	succession	NOUN
ajfa-8318	48	10	may	may	AUX
ajfa-8318	48	11	impact	impact	VERB
ajfa-8318	48	12	financial	financial	ADJ
ajfa-8318	48	13	reporting	reporting	NOUN
ajfa-8318	48	14	quality	quality	NOUN
ajfa-8318	48	15	,	,	PUNCT
ajfa-8318	48	16	although	although	SCONJ
ajfa-8318	48	17	in	in	SCONJ
ajfa-8318	48	18	exactly	exactly	ADV
ajfa-8318	48	19	what	what	PRON
ajfa-8318	48	20	ways	way	NOUN
ajfa-8318	48	21	remains	remain	VERB
ajfa-8318	48	22	an	an	DET
ajfa-8318	48	23	open	open	ADJ
ajfa-8318	48	24	question	question	NOUN
ajfa-8318	48	25	.	.	PUNCT
ajfa-8318	49	1	2.2	2.2	NUM
ajfa-8318	49	2	management	management	NOUN
ajfa-8318	49	3	behavior	behavior	NOUN
ajfa-8318	49	4	with	with	ADP
ajfa-8318	49	5	regard	regard	NOUN
ajfa-8318	49	6	to	to	ADP
ajfa-8318	49	7	manipulating	manipulate	VERB
ajfa-8318	49	8	real	real	ADJ
ajfa-8318	49	9	operating	operating	NOUN
ajfa-8318	49	10	activities	activity	NOUN
ajfa-8318	49	11	according	accord	VERB
ajfa-8318	49	12	to	to	ADP
ajfa-8318	49	13	healy	healy	PROPN
ajfa-8318	49	14	and	and	CCONJ
ajfa-8318	49	15	wahlen	wahlen	PROPN
ajfa-8318	49	16	(	(	PUNCT
ajfa-8318	49	17	1999	1999	NUM
ajfa-8318	49	18	)	)	PUNCT
ajfa-8318	49	19	,	,	PUNCT
ajfa-8318	49	20	roychowdhury	roychowdhury	NOUN
ajfa-8318	49	21	(	(	PUNCT
ajfa-8318	49	22	2006	2006	NUM
ajfa-8318	49	23	)	)	PUNCT
ajfa-8318	49	24	defines	define	VERB
ajfa-8318	49	25	it	it	PRON
ajfa-8318	49	26	as	as	SCONJ
ajfa-8318	49	27	“	"	PUNCT
ajfa-8318	49	28	departures	departure	NOUN
ajfa-8318	49	29	from	from	ADP
ajfa-8318	49	30	normal	normal	ADJ
ajfa-8318	49	31	operational	operational	ADJ
ajfa-8318	49	32	practices	practice	NOUN
ajfa-8318	49	33	,	,	PUNCT
ajfa-8318	49	34	motivated	motivate	VERB
ajfa-8318	49	35	by	by	ADP
ajfa-8318	49	36	managers	manager	NOUN
ajfa-8318	49	37	’	’	PART
ajfa-8318	49	38	desire	desire	NOUN
ajfa-8318	49	39	to	to	PART
ajfa-8318	49	40	mislead	mislead	VERB
ajfa-8318	49	41	at	at	ADP
ajfa-8318	49	42	least	least	ADJ
ajfa-8318	49	43	some	some	PRON
ajfa-8318	49	44	stakeholders	stakeholder	NOUN
ajfa-8318	49	45	into	into	ADP
ajfa-8318	49	46	believing	believe	VERB
ajfa-8318	49	47	certain	certain	ADJ
ajfa-8318	49	48	financial	financial	ADJ
ajfa-8318	49	49	reporting	reporting	NOUN
ajfa-8318	49	50	goals	goal	NOUN
ajfa-8318	49	51	have	have	AUX
ajfa-8318	49	52	been	be	AUX
ajfa-8318	49	53	met	meet	VERB
ajfa-8318	49	54	in	in	ADP
ajfa-8318	49	55	the	the	DET
ajfa-8318	49	56	normal	normal	ADJ
ajfa-8318	49	57	course	course	NOUN
ajfa-8318	49	58	of	of	ADP
ajfa-8318	49	59	operations	operation	NOUN
ajfa-8318	49	60	.	.	PUNCT
ajfa-8318	49	61	”	"	PUNCT
ajfa-8318	50	1	in	in	ADP
ajfa-8318	50	2	short	short	ADJ
ajfa-8318	50	3	,	,	PUNCT
ajfa-8318	50	4	rem	rem	X
ajfa-8318	50	5	is	be	AUX
ajfa-8318	50	6	when	when	SCONJ
ajfa-8318	50	7	ceos	ceos	PROPN
ajfa-8318	50	8	manipulate	manipulate	VERB
ajfa-8318	50	9	real	real	ADJ
ajfa-8318	50	10	operating	operating	NOUN
ajfa-8318	50	11	activities	activity	NOUN
ajfa-8318	50	12	to	to	PART
ajfa-8318	50	13	meet	meet	VERB
ajfa-8318	50	14	short	short	ADJ
ajfa-8318	50	15	-	-	PUNCT
ajfa-8318	50	16	term	term	NOUN
ajfa-8318	50	17	earnings	earning	NOUN
ajfa-8318	50	18	targets	target	NOUN
ajfa-8318	50	19	.	.	PUNCT
ajfa-8318	51	1	asian	asian	ADJ
ajfa-8318	51	2	journal	journal	PROPN
ajfa-8318	51	3	of	of	ADP
ajfa-8318	51	4	finance	finance	PROPN
ajfa-8318	51	5	&	&	CCONJ
ajfa-8318	51	6	accounting	accounting	PROPN
ajfa-8318	51	7	issn	issn	PROPN
ajfa-8318	51	8	1946	1946	NUM
ajfa-8318	51	9	-	-	PUNCT
ajfa-8318	51	10	052x	052x	NOUN
ajfa-8318	51	11	2015	2015	NUM
ajfa-8318	51	12	,	,	PUNCT
ajfa-8318	51	13	vol	vol	NOUN
ajfa-8318	51	14	.	.	PROPN
ajfa-8318	51	15	7	7	NUM
ajfa-8318	51	16	,	,	PUNCT
ajfa-8318	51	17	no	no	INTJ
ajfa-8318	51	18	.	.	NOUN
ajfa-8318	51	19	2	2	NUM
ajfa-8318	51	20	124	124	NUM
ajfa-8318	51	21	managers	manager	NOUN
ajfa-8318	51	22	may	may	AUX
ajfa-8318	51	23	engage	engage	VERB
ajfa-8318	51	24	in	in	ADP
ajfa-8318	51	25	earnings	earning	NOUN
ajfa-8318	51	26	management	management	NOUN
ajfa-8318	51	27	to	to	PART
ajfa-8318	51	28	meet	meet	VERB
ajfa-8318	51	29	benchmarks	benchmark	NOUN
ajfa-8318	51	30	in	in	ADP
ajfa-8318	51	31	an	an	DET
ajfa-8318	51	32	effort	effort	NOUN
ajfa-8318	51	33	to	to	PART
ajfa-8318	51	34	enhance	enhance	VERB
ajfa-8318	51	35	the	the	DET
ajfa-8318	51	36	firm	firm	NOUN
ajfa-8318	51	37	’s	’s	PART
ajfa-8318	51	38	credibility	credibility	NOUN
ajfa-8318	51	39	and	and	CCONJ
ajfa-8318	51	40	reputation	reputation	NOUN
ajfa-8318	51	41	with	with	ADP
ajfa-8318	51	42	stakeholders	stakeholder	NOUN
ajfa-8318	51	43	(	(	PUNCT
ajfa-8318	51	44	burgstahler	burgstahler	NOUN
ajfa-8318	51	45	and	and	CCONJ
ajfa-8318	51	46	dichev	dichev	NOUN
ajfa-8318	51	47	1997	1997	NUM
ajfa-8318	51	48	;	;	PUNCT
ajfa-8318	51	49	bartov	bartov	PROPN
ajfa-8318	51	50	et	et	PROPN
ajfa-8318	51	51	al	al	PROPN
ajfa-8318	51	52	.	.	PROPN
ajfa-8318	51	53	2002	2002	NUM
ajfa-8318	51	54	)	)	PUNCT
ajfa-8318	51	55	.	.	PUNCT
ajfa-8318	52	1	the	the	DET
ajfa-8318	52	2	survey	survey	NOUN
ajfa-8318	52	3	in	in	ADP
ajfa-8318	52	4	graham	graham	PROPN
ajfa-8318	52	5	et	et	PROPN
ajfa-8318	52	6	al	al	PROPN
ajfa-8318	52	7	.	.	PROPN
ajfa-8318	52	8	(	(	PUNCT
ajfa-8318	52	9	2005	2005	NUM
ajfa-8318	52	10	)	)	PUNCT
ajfa-8318	52	11	finds	find	VERB
ajfa-8318	52	12	that	that	SCONJ
ajfa-8318	52	13	74.1	74.1	NUM
ajfa-8318	52	14	percent	percent	NOUN
ajfa-8318	52	15	of	of	ADP
ajfa-8318	52	16	managers	manager	NOUN
ajfa-8318	52	17	try	try	VERB
ajfa-8318	52	18	to	to	PART
ajfa-8318	52	19	meet	meet	VERB
ajfa-8318	52	20	earnings	earning	NOUN
ajfa-8318	52	21	benchmarks	benchmark	NOUN
ajfa-8318	52	22	to	to	PART
ajfa-8318	52	23	provide	provide	VERB
ajfa-8318	52	24	evidence	evidence	NOUN
ajfa-8318	52	25	of	of	ADP
ajfa-8318	52	26	future	future	ADJ
ajfa-8318	52	27	growth	growth	NOUN
ajfa-8318	52	28	prospects	prospect	NOUN
ajfa-8318	52	29	.	.	PUNCT
ajfa-8318	53	1	managers	manager	NOUN
ajfa-8318	53	2	tend	tend	VERB
ajfa-8318	53	3	to	to	PART
ajfa-8318	53	4	engage	engage	VERB
ajfa-8318	53	5	more	more	ADJ
ajfa-8318	53	6	of	of	ADP
ajfa-8318	53	7	rem	rem	PROPN
ajfa-8318	53	8	than	than	ADP
ajfa-8318	53	9	aem	aem	NOUN
ajfa-8318	53	10	because	because	SCONJ
ajfa-8318	53	11	of	of	ADP
ajfa-8318	53	12	the	the	DET
ajfa-8318	53	13	fear	fear	NOUN
ajfa-8318	53	14	of	of	ADP
ajfa-8318	53	15	accounting	accounting	NOUN
ajfa-8318	53	16	fraud	fraud	NOUN
ajfa-8318	53	17	stigma	stigma	NOUN
ajfa-8318	53	18	attached	attach	VERB
ajfa-8318	53	19	after	after	ADP
ajfa-8318	53	20	sox	sox	PROPN
ajfa-8318	53	21	or	or	CCONJ
ajfa-8318	53	22	litigation	litigation	NOUN
ajfa-8318	53	23	associated	associate	VERB
ajfa-8318	53	24	with	with	ADP
ajfa-8318	53	25	aem	aem	PROPN
ajfa-8318	53	26	(	(	PUNCT
ajfa-8318	53	27	cohen	cohen	PROPN
ajfa-8318	53	28	and	and	CCONJ
ajfa-8318	53	29	zarowin	zarowin	PROPN
ajfa-8318	53	30	2010	2010	NUM
ajfa-8318	53	31	;	;	PUNCT
ajfa-8318	53	32	cohen	cohen	PROPN
ajfa-8318	53	33	et	et	PROPN
ajfa-8318	53	34	al	al	PROPN
ajfa-8318	53	35	2008	2008	NUM
ajfa-8318	53	36	;	;	PUNCT
ajfa-8318	53	37	gunny	gunny	NOUN
ajfa-8318	53	38	2010	2010	NUM
ajfa-8318	53	39	;	;	PUNCT
ajfa-8318	53	40	roychowdhury	roychowdhury	NOUN
ajfa-8318	53	41	2006	2006	NUM
ajfa-8318	53	42	;	;	PUNCT
ajfa-8318	53	43	taylor	taylor	PROPN
ajfa-8318	53	44	and	and	CCONJ
ajfa-8318	53	45	xu	xu	PROPN
ajfa-8318	53	46	2010	2010	NUM
ajfa-8318	53	47	;	;	PUNCT
ajfa-8318	53	48	zang	zang	PROPN
ajfa-8318	53	49	2012	2012	NUM
ajfa-8318	53	50	)	)	PUNCT
ajfa-8318	53	51	.	.	PUNCT
ajfa-8318	54	1	as	as	SCONJ
ajfa-8318	54	2	managers	manager	NOUN
ajfa-8318	54	3	prefer	prefer	VERB
ajfa-8318	54	4	applying	apply	VERB
ajfa-8318	54	5	rem	rem	VERB
ajfa-8318	54	6	to	to	PART
ajfa-8318	54	7	manage	manage	VERB
ajfa-8318	54	8	short	short	ADJ
ajfa-8318	54	9	-	-	PUNCT
ajfa-8318	54	10	term	term	NOUN
ajfa-8318	54	11	earnings	earning	NOUN
ajfa-8318	54	12	,	,	PUNCT
ajfa-8318	54	13	which	which	PRON
ajfa-8318	54	14	is	be	AUX
ajfa-8318	54	15	harder	hard	ADJ
ajfa-8318	54	16	to	to	PART
ajfa-8318	54	17	be	be	AUX
ajfa-8318	54	18	detected	detect	VERB
ajfa-8318	54	19	(	(	PUNCT
ajfa-8318	54	20	cohen	cohen	PROPN
ajfa-8318	54	21	et	et	PROPN
ajfa-8318	54	22	al	al	PROPN
ajfa-8318	54	23	.	.	PROPN
ajfa-8318	54	24	2008	2008	NUM
ajfa-8318	54	25	;	;	PUNCT
ajfa-8318	54	26	cohen	cohen	PROPN
ajfa-8318	54	27	and	and	CCONJ
ajfa-8318	54	28	zarowin	zarowin	PROPN
ajfa-8318	54	29	2010	2010	NUM
ajfa-8318	54	30	;	;	PUNCT
ajfa-8318	54	31	zang	zang	PROPN
ajfa-8318	54	32	2012	2012	NUM
ajfa-8318	54	33	)	)	PUNCT
ajfa-8318	54	34	,	,	PUNCT
ajfa-8318	54	35	rem	rem	X
ajfa-8318	54	36	may	may	AUX
ajfa-8318	54	37	influence	influence	VERB
ajfa-8318	54	38	a	a	DET
ajfa-8318	54	39	firm	firm	NOUN
ajfa-8318	54	40	’s	’s	PART
ajfa-8318	54	41	cash	cash	NOUN
ajfa-8318	54	42	flows	flow	NOUN
ajfa-8318	54	43	and	and	CCONJ
ajfa-8318	54	44	future	future	ADJ
ajfa-8318	54	45	performance	performance	NOUN
ajfa-8318	54	46	by	by	ADP
ajfa-8318	54	47	altering	alter	VERB
ajfa-8318	54	48	operating	operate	VERB
ajfa-8318	54	49	activities	activity	NOUN
ajfa-8318	54	50	.	.	PUNCT
ajfa-8318	55	1	however	however	ADV
ajfa-8318	55	2	,	,	PUNCT
ajfa-8318	55	3	concerning	concern	VERB
ajfa-8318	55	4	reputation	reputation	NOUN
ajfa-8318	55	5	and	and	CCONJ
ajfa-8318	55	6	career	career	NOUN
ajfa-8318	55	7	prospective	prospective	ADJ
ajfa-8318	55	8	,	,	PUNCT
ajfa-8318	55	9	whether	whether	SCONJ
ajfa-8318	55	10	the	the	DET
ajfa-8318	55	11	ceo	ceo	NOUN
ajfa-8318	55	12	successor	successor	NOUN
ajfa-8318	55	13	manages	manage	VERB
ajfa-8318	55	14	earnings	earning	NOUN
ajfa-8318	55	15	through	through	ADP
ajfa-8318	55	16	altering	alter	VERB
ajfa-8318	55	17	real	real	ADJ
ajfa-8318	55	18	operation	operation	NOUN
ajfa-8318	55	19	activities	activity	NOUN
ajfa-8318	55	20	remains	remain	VERB
ajfa-8318	55	21	uncertain	uncertain	ADJ
ajfa-8318	55	22	.	.	PUNCT
ajfa-8318	56	1	therefore	therefore	ADV
ajfa-8318	56	2	,	,	PUNCT
ajfa-8318	56	3	we	we	PRON
ajfa-8318	56	4	test	test	VERB
ajfa-8318	56	5	the	the	DET
ajfa-8318	56	6	following	follow	VERB
ajfa-8318	56	7	non	non	ADJ
ajfa-8318	56	8	-	-	ADJ
ajfa-8318	56	9	directional	directional	ADJ
ajfa-8318	56	10	hypothesis	hypothesis	NOUN
ajfa-8318	56	11	,	,	PUNCT
ajfa-8318	56	12	stated	state	VERB
ajfa-8318	56	13	in	in	ADP
ajfa-8318	56	14	its	its	PRON
ajfa-8318	56	15	null	null	ADJ
ajfa-8318	56	16	form	form	NOUN
ajfa-8318	56	17	,	,	PUNCT
ajfa-8318	56	18	to	to	PART
ajfa-8318	56	19	examine	examine	VERB
ajfa-8318	56	20	this	this	DET
ajfa-8318	56	21	issue	issue	NOUN
ajfa-8318	56	22	:	:	PUNCT
ajfa-8318	56	23	h1	h1	PROPN
ajfa-8318	56	24	:	:	PUNCT
ajfa-8318	56	25	ceo	ceo	NOUN
ajfa-8318	56	26	successions	succession	NOUN
ajfa-8318	56	27	are	be	AUX
ajfa-8318	56	28	not	not	PART
ajfa-8318	56	29	associated	associate	VERB
ajfa-8318	56	30	with	with	ADP
ajfa-8318	56	31	real	real	ADJ
ajfa-8318	56	32	earnings	earning	NOUN
ajfa-8318	56	33	management	management	NOUN
ajfa-8318	56	34	.	.	PUNCT
ajfa-8318	57	1	2.3	2.3	NUM
ajfa-8318	57	2	market	market	NOUN
ajfa-8318	57	3	reactions	reaction	NOUN
ajfa-8318	57	4	to	to	ADP
ajfa-8318	57	5	ceo	ceo	VERB
ajfa-8318	57	6	successions	succession	NOUN
ajfa-8318	57	7	a	a	DET
ajfa-8318	57	8	market	market	NOUN
ajfa-8318	57	9	reaction	reaction	NOUN
ajfa-8318	57	10	means	mean	VERB
ajfa-8318	57	11	a	a	DET
ajfa-8318	57	12	news	news	NOUN
ajfa-8318	57	13	or	or	CCONJ
ajfa-8318	57	14	a	a	DET
ajfa-8318	57	15	relevant	relevant	ADJ
ajfa-8318	57	16	economic	economic	ADJ
ajfa-8318	57	17	release	release	NOUN
ajfa-8318	57	18	which	which	PRON
ajfa-8318	57	19	may	may	AUX
ajfa-8318	57	20	induce	induce	VERB
ajfa-8318	57	21	a	a	DET
ajfa-8318	57	22	strong	strong	ADJ
ajfa-8318	57	23	directional	directional	ADJ
ajfa-8318	57	24	move	move	NOUN
ajfa-8318	57	25	in	in	ADP
ajfa-8318	57	26	stock	stock	NOUN
ajfa-8318	57	27	markets	market	NOUN
ajfa-8318	57	28	.	.	PUNCT
ajfa-8318	58	1	through	through	ADP
ajfa-8318	58	2	these	these	DET
ajfa-8318	58	3	reactions	reaction	NOUN
ajfa-8318	58	4	,	,	PUNCT
ajfa-8318	58	5	the	the	DET
ajfa-8318	58	6	investor	investor	NOUN
ajfa-8318	58	7	’s	’s	PART
ajfa-8318	58	8	perception	perception	NOUN
ajfa-8318	58	9	of	of	ADP
ajfa-8318	58	10	that	that	DET
ajfa-8318	58	11	event	event	NOUN
ajfa-8318	58	12	will	will	AUX
ajfa-8318	58	13	be	be	AUX
ajfa-8318	58	14	observed	observe	VERB
ajfa-8318	58	15	.	.	PUNCT
ajfa-8318	59	1	prior	prior	ADJ
ajfa-8318	59	2	studies	study	NOUN
ajfa-8318	59	3	have	have	AUX
ajfa-8318	59	4	documented	document	VERB
ajfa-8318	59	5	the	the	DET
ajfa-8318	59	6	relationship	relationship	NOUN
ajfa-8318	59	7	between	between	ADP
ajfa-8318	59	8	market	market	NOUN
ajfa-8318	59	9	reactions	reaction	NOUN
ajfa-8318	59	10	and	and	CCONJ
ajfa-8318	59	11	ceo	ceo	NOUN
ajfa-8318	59	12	changes	change	NOUN
ajfa-8318	59	13	.	.	PUNCT
ajfa-8318	60	1	for	for	ADP
ajfa-8318	60	2	example	example	NOUN
ajfa-8318	60	3	,	,	PUNCT
ajfa-8318	60	4	beatty	beatty	PROPN
ajfa-8318	60	5	and	and	CCONJ
ajfa-8318	60	6	zajac	zajac	PROPN
ajfa-8318	60	7	(	(	PUNCT
ajfa-8318	60	8	1987	1987	NUM
ajfa-8318	60	9	)	)	PUNCT
ajfa-8318	60	10	suggest	suggest	VERB
ajfa-8318	60	11	that	that	SCONJ
ajfa-8318	60	12	ceo	ceo	NOUN
ajfa-8318	60	13	turnover	turnover	NOUN
ajfa-8318	60	14	leads	lead	VERB
ajfa-8318	60	15	to	to	ADP
ajfa-8318	60	16	uncertainties	uncertainty	NOUN
ajfa-8318	60	17	about	about	ADP
ajfa-8318	60	18	firm	firm	ADJ
ajfa-8318	60	19	strategy	strategy	NOUN
ajfa-8318	60	20	,	,	PUNCT
ajfa-8318	60	21	which	which	PRON
ajfa-8318	60	22	can	can	AUX
ajfa-8318	60	23	have	have	VERB
ajfa-8318	60	24	adverse	adverse	ADJ
ajfa-8318	60	25	impacts	impact	NOUN
ajfa-8318	60	26	on	on	ADP
ajfa-8318	60	27	investors	investor	NOUN
ajfa-8318	60	28	’	’	PART
ajfa-8318	60	29	perceptions	perception	NOUN
ajfa-8318	60	30	of	of	ADP
ajfa-8318	60	31	the	the	DET
ajfa-8318	60	32	company	company	NOUN
ajfa-8318	60	33	.	.	PUNCT
ajfa-8318	61	1	huson	huson	PROPN
ajfa-8318	61	2	et	et	PROPN
ajfa-8318	61	3	al	al	PROPN
ajfa-8318	61	4	.	.	PROPN
ajfa-8318	61	5	(	(	PUNCT
ajfa-8318	61	6	2004	2004	NUM
ajfa-8318	61	7	)	)	PUNCT
ajfa-8318	61	8	and	and	CCONJ
ajfa-8318	61	9	demerjian	demerjian	PROPN
ajfa-8318	61	10	et	et	PROPN
ajfa-8318	61	11	al	al	PROPN
ajfa-8318	61	12	.	.	PROPN
ajfa-8318	62	1	(	(	PUNCT
ajfa-8318	62	2	2011	2011	NUM
ajfa-8318	62	3	)	)	PUNCT
ajfa-8318	62	4	find	find	VERB
ajfa-8318	62	5	positive	positive	ADJ
ajfa-8318	62	6	market	market	NOUN
ajfa-8318	62	7	reactions	reaction	NOUN
ajfa-8318	62	8	when	when	SCONJ
ajfa-8318	62	9	a	a	DET
ajfa-8318	62	10	poorly	poorly	ADV
ajfa-8318	62	11	performing	perform	VERB
ajfa-8318	62	12	ceo	ceo	NOUN
ajfa-8318	62	13	is	be	AUX
ajfa-8318	62	14	replaced	replace	VERB
ajfa-8318	62	15	by	by	ADP
ajfa-8318	62	16	an	an	DET
ajfa-8318	62	17	outside	outside	ADJ
ajfa-8318	62	18	manager	manager	NOUN
ajfa-8318	62	19	,	,	PUNCT
ajfa-8318	62	20	since	since	SCONJ
ajfa-8318	62	21	investors	investor	NOUN
ajfa-8318	62	22	feel	feel	VERB
ajfa-8318	62	23	that	that	SCONJ
ajfa-8318	62	24	this	this	PRON
ajfa-8318	62	25	may	may	AUX
ajfa-8318	62	26	improve	improve	VERB
ajfa-8318	62	27	future	future	ADJ
ajfa-8318	62	28	performance	performance	NOUN
ajfa-8318	62	29	.	.	PUNCT
ajfa-8318	63	1	similarly	similarly	ADV
ajfa-8318	63	2	,	,	PUNCT
ajfa-8318	63	3	holmstrom	holmstrom	PROPN
ajfa-8318	63	4	(	(	PUNCT
ajfa-8318	63	5	1999	1999	NUM
ajfa-8318	63	6	)	)	PUNCT
ajfa-8318	63	7	and	and	CCONJ
ajfa-8318	63	8	milbourn	milbourn	NOUN
ajfa-8318	63	9	(	(	PUNCT
ajfa-8318	63	10	2003	2003	NUM
ajfa-8318	63	11	)	)	PUNCT
ajfa-8318	63	12	state	state	NOUN
ajfa-8318	63	13	that	that	SCONJ
ajfa-8318	63	14	a	a	DET
ajfa-8318	63	15	ceo	ceo	NOUN
ajfa-8318	63	16	’s	’s	PART
ajfa-8318	63	17	reputation	reputation	NOUN
ajfa-8318	63	18	is	be	AUX
ajfa-8318	63	19	based	base	VERB
ajfa-8318	63	20	on	on	ADP
ajfa-8318	63	21	the	the	DET
ajfa-8318	63	22	market	market	NOUN
ajfa-8318	63	23	perceptions	perception	NOUN
ajfa-8318	63	24	of	of	ADP
ajfa-8318	63	25	their	their	PRON
ajfa-8318	63	26	abilities	ability	NOUN
ajfa-8318	63	27	.	.	PUNCT
ajfa-8318	64	1	that	that	PRON
ajfa-8318	64	2	is	is	ADV
ajfa-8318	64	3	,	,	PUNCT
ajfa-8318	64	4	a	a	DET
ajfa-8318	64	5	significant	significant	ADJ
ajfa-8318	64	6	reaction	reaction	NOUN
ajfa-8318	64	7	to	to	ADP
ajfa-8318	64	8	ceo	ceo	NOUN
ajfa-8318	64	9	succession	succession	NOUN
ajfa-8318	64	10	may	may	AUX
ajfa-8318	64	11	signal	signal	VERB
ajfa-8318	64	12	(	(	PUNCT
ajfa-8318	64	13	1	1	NUM
ajfa-8318	64	14	)	)	PUNCT
ajfa-8318	64	15	expectation	expectation	NOUN
ajfa-8318	64	16	with	with	ADP
ajfa-8318	64	17	regard	regard	NOUN
ajfa-8318	64	18	to	to	ADP
ajfa-8318	64	19	the	the	DET
ajfa-8318	64	20	firm	firm	NOUN
ajfa-8318	64	21	’s	’s	PART
ajfa-8318	64	22	future	future	ADJ
ajfa-8318	64	23	operations	operation	NOUN
ajfa-8318	64	24	and	and	CCONJ
ajfa-8318	64	25	(	(	PUNCT
ajfa-8318	64	26	2	2	X
ajfa-8318	64	27	)	)	PUNCT
ajfa-8318	64	28	concerns	concern	NOUN
ajfa-8318	64	29	about	about	ADP
ajfa-8318	64	30	the	the	DET
ajfa-8318	64	31	successor	successor	NOUN
ajfa-8318	64	32	’s	’s	PART
ajfa-8318	64	33	abilities	ability	NOUN
ajfa-8318	64	34	(	(	PUNCT
ajfa-8318	64	35	clayton	clayton	PROPN
ajfa-8318	64	36	et	et	PROPN
ajfa-8318	64	37	al	al	PROPN
ajfa-8318	64	38	.	.	PROPN
ajfa-8318	64	39	2005	2005	NUM
ajfa-8318	64	40	)	)	PUNCT
ajfa-8318	64	41	.	.	PUNCT
ajfa-8318	65	1	moreover	moreover	ADV
ajfa-8318	65	2	,	,	PUNCT
ajfa-8318	65	3	one	one	NUM
ajfa-8318	65	4	question	question	NOUN
ajfa-8318	65	5	that	that	PRON
ajfa-8318	65	6	arises	arise	VERB
ajfa-8318	65	7	in	in	ADP
ajfa-8318	65	8	this	this	DET
ajfa-8318	65	9	context	context	NOUN
ajfa-8318	65	10	is	be	AUX
ajfa-8318	65	11	whether	whether	SCONJ
ajfa-8318	65	12	the	the	DET
ajfa-8318	65	13	market	market	NOUN
ajfa-8318	65	14	reaction	reaction	NOUN
ajfa-8318	65	15	to	to	ADP
ajfa-8318	65	16	a	a	DET
ajfa-8318	65	17	new	new	ADJ
ajfa-8318	65	18	ceo	ceo	NOUN
ajfa-8318	65	19	induces	induce	VERB
ajfa-8318	65	20	the	the	DET
ajfa-8318	65	21	incentive	incentive	NOUN
ajfa-8318	65	22	of	of	ADP
ajfa-8318	65	23	earnings	earning	NOUN
ajfa-8318	65	24	management	management	NOUN
ajfa-8318	65	25	by	by	ADP
ajfa-8318	65	26	manipulating	manipulate	VERB
ajfa-8318	65	27	real	real	ADJ
ajfa-8318	65	28	operating	operating	NOUN
ajfa-8318	65	29	activities	activity	NOUN
ajfa-8318	65	30	of	of	ADP
ajfa-8318	65	31	the	the	DET
ajfa-8318	65	32	new	new	ADJ
ajfa-8318	65	33	manager	manager	NOUN
ajfa-8318	65	34	?	?	PUNCT
ajfa-8318	66	1	a	a	DET
ajfa-8318	66	2	survey	survey	NOUN
ajfa-8318	66	3	in	in	ADP
ajfa-8318	66	4	graham	graham	PROPN
ajfa-8318	66	5	et	et	PROPN
ajfa-8318	66	6	al	al	PROPN
ajfa-8318	66	7	.	.	PROPN
ajfa-8318	67	1	(	(	PUNCT
ajfa-8318	67	2	2005	2005	NUM
ajfa-8318	67	3	)	)	PUNCT
ajfa-8318	67	4	indicates	indicate	VERB
ajfa-8318	67	5	that	that	SCONJ
ajfa-8318	67	6	ceos	ceo	NOUN
ajfa-8318	67	7	are	be	AUX
ajfa-8318	67	8	concerned	concerned	ADJ
ajfa-8318	67	9	about	about	ADP
ajfa-8318	67	10	stock	stock	NOUN
ajfa-8318	67	11	price	price	NOUN
ajfa-8318	67	12	losses	loss	NOUN
ajfa-8318	67	13	,	,	PUNCT
ajfa-8318	67	14	which	which	PRON
ajfa-8318	67	15	may	may	AUX
ajfa-8318	67	16	significantly	significantly	ADV
ajfa-8318	67	17	damage	damage	VERB
ajfa-8318	67	18	both	both	PRON
ajfa-8318	67	19	their	their	PRON
ajfa-8318	67	20	reputations	reputation	NOUN
ajfa-8318	67	21	and	and	CCONJ
ajfa-8318	67	22	job	job	NOUN
ajfa-8318	67	23	prospects	prospect	NOUN
ajfa-8318	67	24	.	.	PUNCT
ajfa-8318	68	1	the	the	DET
ajfa-8318	68	2	survey	survey	NOUN
ajfa-8318	68	3	further	further	ADJ
ajfa-8318	68	4	states	state	NOUN
ajfa-8318	68	5	that	that	SCONJ
ajfa-8318	68	6	managers	manager	NOUN
ajfa-8318	68	7	often	often	ADV
ajfa-8318	68	8	choose	choose	VERB
ajfa-8318	68	9	to	to	PART
ajfa-8318	68	10	sacrifice	sacrifice	VERB
ajfa-8318	68	11	the	the	DET
ajfa-8318	68	12	long	long	ADJ
ajfa-8318	68	13	term	term	NOUN
ajfa-8318	68	14	economic	economic	ADJ
ajfa-8318	68	15	value	value	NOUN
ajfa-8318	68	16	of	of	ADP
ajfa-8318	68	17	their	their	PRON
ajfa-8318	68	18	firms	firm	NOUN
ajfa-8318	68	19	to	to	PART
ajfa-8318	68	20	avoid	avoid	VERB
ajfa-8318	68	21	more	more	ADV
ajfa-8318	68	22	severe	severe	ADJ
ajfa-8318	68	23	firm	firm	ADJ
ajfa-8318	68	24	value	value	NOUN
ajfa-8318	68	25	damaged	damage	VERB
ajfa-8318	68	26	by	by	ADP
ajfa-8318	68	27	market	market	NOUN
ajfa-8318	68	28	reactions	reaction	NOUN
ajfa-8318	68	29	to	to	ADP
ajfa-8318	68	30	missing	miss	VERB
ajfa-8318	68	31	the	the	DET
ajfa-8318	68	32	earnings	earning	NOUN
ajfa-8318	68	33	expectations	expectation	NOUN
ajfa-8318	68	34	of	of	ADP
ajfa-8318	68	35	analysts	analyst	NOUN
ajfa-8318	68	36	and	and	CCONJ
ajfa-8318	68	37	investors	investor	NOUN
ajfa-8318	68	38	.	.	PUNCT
ajfa-8318	69	1	some	some	DET
ajfa-8318	69	2	studies	study	NOUN
ajfa-8318	69	3	also	also	ADV
ajfa-8318	69	4	document	document	VERB
ajfa-8318	69	5	that	that	SCONJ
ajfa-8318	69	6	when	when	SCONJ
ajfa-8318	69	7	managers	manager	NOUN
ajfa-8318	69	8	face	face	VERB
ajfa-8318	69	9	increased	increase	VERB
ajfa-8318	69	10	capital	capital	NOUN
ajfa-8318	69	11	market	market	NOUN
ajfa-8318	69	12	pressure	pressure	NOUN
ajfa-8318	69	13	,	,	PUNCT
ajfa-8318	69	14	they	they	PRON
ajfa-8318	69	15	may	may	AUX
ajfa-8318	69	16	sacrifice	sacrifice	VERB
ajfa-8318	69	17	the	the	DET
ajfa-8318	69	18	long	long	ADJ
ajfa-8318	69	19	term	term	NOUN
ajfa-8318	69	20	value	value	NOUN
ajfa-8318	69	21	of	of	ADP
ajfa-8318	69	22	a	a	DET
ajfa-8318	69	23	firm	firm	NOUN
ajfa-8318	69	24	to	to	PART
ajfa-8318	69	25	achieve	achieve	VERB
ajfa-8318	69	26	short	short	ADJ
ajfa-8318	69	27	term	term	NOUN
ajfa-8318	69	28	earnings	earning	NOUN
ajfa-8318	69	29	benchmarks	benchmark	NOUN
ajfa-8318	69	30	(	(	PUNCT
ajfa-8318	69	31	bhojrai	bhojrai	NOUN
ajfa-8318	69	32	and	and	CCONJ
ajfa-8318	69	33	libby	libby	PROPN
ajfa-8318	69	34	2005	2005	NUM
ajfa-8318	69	35	;	;	PUNCT
ajfa-8318	69	36	zhao	zhao	PROPN
ajfa-8318	69	37	et	et	PROPN
ajfa-8318	69	38	al	al	PROPN
ajfa-8318	69	39	.	.	PROPN
ajfa-8318	69	40	2012	2012	NUM
ajfa-8318	69	41	)	)	PUNCT
ajfa-8318	69	42	.	.	PUNCT
ajfa-8318	70	1	in	in	ADP
ajfa-8318	70	2	this	this	DET
ajfa-8318	70	3	study	study	NOUN
ajfa-8318	70	4	,	,	PUNCT
ajfa-8318	70	5	we	we	PRON
ajfa-8318	70	6	postulate	postulate	VERB
ajfa-8318	70	7	that	that	SCONJ
ajfa-8318	70	8	when	when	SCONJ
ajfa-8318	70	9	positive	positive	ADJ
ajfa-8318	70	10	market	market	NOUN
ajfa-8318	70	11	reactions	reaction	NOUN
ajfa-8318	70	12	occur	occur	VERB
ajfa-8318	70	13	in	in	ADP
ajfa-8318	70	14	response	response	NOUN
ajfa-8318	70	15	to	to	ADP
ajfa-8318	70	16	ceo	ceo	NOUN
ajfa-8318	70	17	succession	succession	NOUN
ajfa-8318	70	18	,	,	PUNCT
ajfa-8318	70	19	investors	investor	NOUN
ajfa-8318	70	20	judge	judge	VERB
ajfa-8318	70	21	the	the	DET
ajfa-8318	70	22	new	new	ADJ
ajfa-8318	70	23	ceo	ceo	NOUN
ajfa-8318	70	24	is	be	AUX
ajfa-8318	70	25	competent	competent	ADJ
ajfa-8318	70	26	.	.	PUNCT
ajfa-8318	71	1	thus	thus	ADV
ajfa-8318	71	2	,	,	PUNCT
ajfa-8318	71	3	in	in	ADP
ajfa-8318	71	4	order	order	NOUN
ajfa-8318	71	5	to	to	PART
ajfa-8318	71	6	protect	protect	VERB
ajfa-8318	71	7	their	their	PRON
ajfa-8318	71	8	reputations	reputation	NOUN
ajfa-8318	71	9	,	,	PUNCT
ajfa-8318	71	10	these	these	PRON
ajfa-8318	71	11	welcomed	welcome	VERB
ajfa-8318	71	12	ceos	ceos	NOUN
ajfa-8318	71	13	by	by	ADP
ajfa-8318	71	14	market	market	NOUN
ajfa-8318	71	15	tend	tend	VERB
ajfa-8318	71	16	not	not	PART
ajfa-8318	71	17	to	to	PART
ajfa-8318	71	18	apply	apply	VERB
ajfa-8318	71	19	rem	rem	NOUN
ajfa-8318	71	20	which	which	PRON
ajfa-8318	71	21	may	may	AUX
ajfa-8318	71	22	damage	damage	VERB
ajfa-8318	71	23	a	a	DET
ajfa-8318	71	24	firm	firm	NOUN
ajfa-8318	71	25	’s	’s	PART
ajfa-8318	71	26	future	future	ADJ
ajfa-8318	71	27	operating	operating	NOUN
ajfa-8318	71	28	performance	performance	NOUN
ajfa-8318	71	29	.	.	PUNCT
ajfa-8318	72	1	in	in	ADP
ajfa-8318	72	2	contrast	contrast	NOUN
ajfa-8318	72	3	,	,	PUNCT
ajfa-8318	72	4	when	when	SCONJ
ajfa-8318	72	5	negative	negative	ADJ
ajfa-8318	72	6	market	market	NOUN
ajfa-8318	72	7	reactions	reaction	NOUN
ajfa-8318	72	8	occur	occur	VERB
ajfa-8318	72	9	in	in	ADP
ajfa-8318	72	10	asian	asian	ADJ
ajfa-8318	72	11	journal	journal	NOUN
ajfa-8318	72	12	of	of	ADP
ajfa-8318	72	13	finance	finance	PROPN
ajfa-8318	72	14	&	&	CCONJ
ajfa-8318	72	15	accounting	accounting	PROPN
ajfa-8318	72	16	issn	issn	PROPN
ajfa-8318	72	17	1946	1946	NUM
ajfa-8318	72	18	-	-	PUNCT
ajfa-8318	72	19	052x	052x	NOUN
ajfa-8318	72	20	2015	2015	NUM
ajfa-8318	72	21	,	,	PUNCT
ajfa-8318	72	22	vol	vol	NOUN
ajfa-8318	72	23	.	.	PROPN
ajfa-8318	73	1	7	7	NUM
ajfa-8318	73	2	,	,	PUNCT
ajfa-8318	73	3	no	no	INTJ
ajfa-8318	73	4	.	.	NOUN
ajfa-8318	73	5	2	2	NUM
ajfa-8318	73	6	125	125	NUM
ajfa-8318	73	7	response	response	NOUN
ajfa-8318	73	8	to	to	ADP
ajfa-8318	73	9	ceo	ceo	NOUN
ajfa-8318	73	10	succession	succession	NOUN
ajfa-8318	73	11	,	,	PUNCT
ajfa-8318	73	12	the	the	DET
ajfa-8318	73	13	new	new	ADJ
ajfa-8318	73	14	ceo	ceo	NOUN
ajfa-8318	73	15	is	be	AUX
ajfa-8318	73	16	more	more	ADV
ajfa-8318	73	17	likely	likely	ADJ
ajfa-8318	73	18	to	to	PART
ajfa-8318	73	19	aggressively	aggressively	ADV
ajfa-8318	73	20	enhance	enhance	VERB
ajfa-8318	73	21	earnings	earning	NOUN
ajfa-8318	73	22	in	in	ADP
ajfa-8318	73	23	order	order	NOUN
ajfa-8318	73	24	to	to	PART
ajfa-8318	73	25	immediately	immediately	ADV
ajfa-8318	73	26	rebuild	rebuild	VERB
ajfa-8318	73	27	investors	investor	NOUN
ajfa-8318	73	28	’	'	PUNCT
ajfa-8318	73	29	confidence	confidence	NOUN
ajfa-8318	73	30	(	(	PUNCT
ajfa-8318	73	31	clayton	clayton	PROPN
ajfa-8318	73	32	et	et	PROPN
ajfa-8318	73	33	al	al	PROPN
ajfa-8318	73	34	.	.	PROPN
ajfa-8318	73	35	2005	2005	NUM
ajfa-8318	73	36	)	)	PUNCT
ajfa-8318	73	37	.	.	PUNCT
ajfa-8318	74	1	that	that	PRON
ajfa-8318	74	2	is	be	AUX
ajfa-8318	74	3	,	,	PUNCT
ajfa-8318	74	4	ceo	ceo	NOUN
ajfa-8318	74	5	successors	successor	NOUN
ajfa-8318	74	6	suffer	suffer	VERB
ajfa-8318	74	7	negative	negative	ADJ
ajfa-8318	74	8	market	market	NOUN
ajfa-8318	74	9	reactions	reaction	NOUN
ajfa-8318	74	10	may	may	AUX
ajfa-8318	74	11	engage	engage	VERB
ajfa-8318	74	12	in	in	ADP
ajfa-8318	74	13	higher	high	ADJ
ajfa-8318	74	14	level	level	NOUN
ajfa-8318	74	15	of	of	ADP
ajfa-8318	74	16	rem	rem	PROPN
ajfa-8318	74	17	.	.	PROPN
ajfa-8318	74	18	accordingly	accordingly	ADV
ajfa-8318	74	19	,	,	PUNCT
ajfa-8318	74	20	the	the	DET
ajfa-8318	74	21	second	second	ADJ
ajfa-8318	74	22	hypothesis	hypothesis	NOUN
ajfa-8318	74	23	is	be	AUX
ajfa-8318	74	24	thus	thus	ADV
ajfa-8318	74	25	as	as	SCONJ
ajfa-8318	74	26	follows	follow	VERB
ajfa-8318	74	27	:	:	PUNCT
ajfa-8318	74	28	h2	h2	NOUN
ajfa-8318	74	29	:	:	PUNCT
ajfa-8318	74	30	the	the	DET
ajfa-8318	74	31	degree	degree	NOUN
ajfa-8318	74	32	of	of	ADP
ajfa-8318	74	33	real	real	ADJ
ajfa-8318	74	34	earnings	earning	NOUN
ajfa-8318	74	35	management	management	NOUN
ajfa-8318	74	36	is	be	AUX
ajfa-8318	74	37	more	more	ADV
ajfa-8318	74	38	pronounced	pronounced	ADJ
ajfa-8318	74	39	for	for	ADP
ajfa-8318	74	40	successor	successor	NOUN
ajfa-8318	74	41	ceos	ceo	NOUN
ajfa-8318	74	42	who	who	PRON
ajfa-8318	74	43	face	face	VERB
ajfa-8318	74	44	greater	great	ADJ
ajfa-8318	74	45	pressure	pressure	NOUN
ajfa-8318	74	46	with	with	ADP
ajfa-8318	74	47	regard	regard	NOUN
ajfa-8318	74	48	to	to	ADP
ajfa-8318	74	49	satisfying	satisfy	VERB
ajfa-8318	74	50	the	the	DET
ajfa-8318	74	51	expectation	expectation	NOUN
ajfa-8318	74	52	of	of	ADP
ajfa-8318	74	53	investors	investor	NOUN
ajfa-8318	74	54	.	.	PUNCT
ajfa-8318	75	1	3	3	X
ajfa-8318	75	2	.	.	X
ajfa-8318	75	3	methodology	methodology	NOUN
ajfa-8318	75	4	and	and	CCONJ
ajfa-8318	75	5	data	datum	NOUN
ajfa-8318	75	6	3.1	3.1	NUM
ajfa-8318	75	7	regression	regression	NOUN
ajfa-8318	75	8	model	model	NOUN
ajfa-8318	75	9	to	to	PART
ajfa-8318	75	10	investigate	investigate	VERB
ajfa-8318	75	11	the	the	DET
ajfa-8318	75	12	impact	impact	NOUN
ajfa-8318	75	13	of	of	ADP
ajfa-8318	75	14	hiring	hire	VERB
ajfa-8318	75	15	a	a	DET
ajfa-8318	75	16	new	new	ADJ
ajfa-8318	75	17	ceo	ceo	NOUN
ajfa-8318	75	18	on	on	ADP
ajfa-8318	75	19	a	a	DET
ajfa-8318	75	20	firm	firm	NOUN
ajfa-8318	75	21	’s	’s	PART
ajfa-8318	75	22	use	use	NOUN
ajfa-8318	75	23	of	of	ADP
ajfa-8318	75	24	rem	rem	NOUN
ajfa-8318	75	25	,	,	PUNCT
ajfa-8318	75	26	we	we	PRON
ajfa-8318	75	27	match	match	VERB
ajfa-8318	75	28	one	one	NUM
ajfa-8318	75	29	non	non	ADJ
ajfa-8318	75	30	-	-	ADJ
ajfa-8318	75	31	succession	succession	ADJ
ajfa-8318	75	32	observation	observation	NOUN
ajfa-8318	75	33	for	for	ADP
ajfa-8318	75	34	each	each	DET
ajfa-8318	75	35	succession	succession	NOUN
ajfa-8318	75	36	observation	observation	NOUN
ajfa-8318	75	37	based	base	VERB
ajfa-8318	75	38	on	on	ADP
ajfa-8318	75	39	the	the	DET
ajfa-8318	75	40	same	same	ADJ
ajfa-8318	75	41	industry	industry	NOUN
ajfa-8318	75	42	,	,	PUNCT
ajfa-8318	75	43	same	same	ADJ
ajfa-8318	75	44	year	year	NOUN
ajfa-8318	75	45	,	,	PUNCT
ajfa-8318	75	46	and	and	CCONJ
ajfa-8318	75	47	nearest	near	ADJ
ajfa-8318	75	48	total	total	ADJ
ajfa-8318	75	49	assets	asset	NOUN
ajfa-8318	75	50	.	.	PUNCT
ajfa-8318	76	1	equation	equation	NOUN
ajfa-8318	76	2	(	(	PUNCT
ajfa-8318	76	3	1	1	X
ajfa-8318	76	4	)	)	PUNCT
ajfa-8318	76	5	is	be	AUX
ajfa-8318	76	6	used	use	VERB
ajfa-8318	76	7	to	to	PART
ajfa-8318	76	8	test	test	VERB
ajfa-8318	76	9	hypothesis	hypothesis	NOUN
ajfa-8318	76	10	one	one	NUM
ajfa-8318	76	11	,	,	PUNCT
ajfa-8318	76	12	based	base	VERB
ajfa-8318	76	13	on	on	ADP
ajfa-8318	76	14	roychowdhury	roychowdhury	NOUN
ajfa-8318	76	15	(	(	PUNCT
ajfa-8318	76	16	2006	2006	NUM
ajfa-8318	76	17	)	)	PUNCT
ajfa-8318	76	18	and	and	CCONJ
ajfa-8318	76	19	gunny	gunny	NOUN
ajfa-8318	76	20	(	(	PUNCT
ajfa-8318	76	21	2010	2010	NUM
ajfa-8318	76	22	)	)	PUNCT
ajfa-8318	76	23	.	.	PUNCT
ajfa-8318	77	1	remi	remi	PROPN
ajfa-8318	77	2	,	,	PUNCT
ajfa-8318	77	3	t=	t=	PROPN
ajfa-8318	77	4	β0	β0	NOUN
ajfa-8318	77	5	+	+	CCONJ
ajfa-8318	77	6	β1	β1	PROPN
ajfa-8318	77	7	suci	suci	ADJ
ajfa-8318	77	8	,	,	PUNCT
ajfa-8318	77	9	t	t	PROPN
ajfa-8318	77	10	+	+	CCONJ
ajfa-8318	77	11	β2	β2	PROPN
ajfa-8318	77	12	dai	dai	PROPN
ajfa-8318	77	13	,	,	PUNCT
ajfa-8318	77	14	t	t	PROPN
ajfa-8318	77	15	+	+	CCONJ
ajfa-8318	77	16	β3	β3	ADP
ajfa-8318	77	17	lnati	lnati	NOUN
ajfa-8318	77	18	,	,	PUNCT
ajfa-8318	77	19	t	t	PROPN
ajfa-8318	77	20	+	+	PROPN
ajfa-8318	77	21	β4	β4	PROPN
ajfa-8318	77	22	mbi	mbi	PROPN
ajfa-8318	77	23	,	,	PUNCT
ajfa-8318	77	24	t	t	PROPN
ajfa-8318	77	25	+	+	CCONJ
ajfa-8318	77	26	β5	β5	NOUN
ajfa-8318	77	27	roai	roai	NOUN
ajfa-8318	77	28	,	,	PUNCT
ajfa-8318	77	29	t	t	PROPN
ajfa-8318	77	30	+	+	CCONJ
ajfa-8318	77	31	β6	β6	PROPN
ajfa-8318	77	32	levi	levi	PROPN
ajfa-8318	77	33	,	,	PUNCT
ajfa-8318	77	34	t	t	PROPN
ajfa-8318	77	35	+	+	CCONJ
ajfa-8318	77	36	β7	β7	PROPN
ajfa-8318	77	37	big4i	big4i	PROPN
ajfa-8318	77	38	,	,	PUNCT
ajfa-8318	77	39	t	t	PROPN
ajfa-8318	77	40	+	+	CCONJ
ajfa-8318	77	41	β8	β8	NOUN
ajfa-8318	77	42	litigationi	litigationi	NOUN
ajfa-8318	77	43	,	,	PUNCT
ajfa-8318	77	44	t	t	PROPN
ajfa-8318	77	45	+	+	CCONJ
ajfa-8318	77	46	εi	εi	VERB
ajfa-8318	77	47	,	,	PUNCT
ajfa-8318	77	48	t	t	PROPN
ajfa-8318	77	49	(	(	PUNCT
ajfa-8318	77	50	1	1	NUM
ajfa-8318	77	51	)	)	PUNCT
ajfa-8318	77	52	second	second	ADJ
ajfa-8318	77	53	,	,	PUNCT
ajfa-8318	77	54	we	we	PRON
ajfa-8318	77	55	use	use	VERB
ajfa-8318	77	56	succession	succession	NOUN
ajfa-8318	77	57	observations	observation	NOUN
ajfa-8318	77	58	to	to	PART
ajfa-8318	77	59	detect	detect	VERB
ajfa-8318	77	60	how	how	SCONJ
ajfa-8318	77	61	market	market	NOUN
ajfa-8318	77	62	reactions	reaction	NOUN
ajfa-8318	77	63	to	to	ADP
ajfa-8318	77	64	ceo	ceo	NOUN
ajfa-8318	77	65	successions	succession	NOUN
ajfa-8318	77	66	impact	impact	VERB
ajfa-8318	77	67	the	the	DET
ajfa-8318	77	68	degree	degree	NOUN
ajfa-8318	77	69	of	of	ADP
ajfa-8318	77	70	rem	rem	PROPN
ajfa-8318	77	71	.	.	PUNCT
ajfa-8318	78	1	the	the	DET
ajfa-8318	78	2	hypothesis	hypothesis	NOUN
ajfa-8318	78	3	two	two	NUM
ajfa-8318	78	4	is	be	AUX
ajfa-8318	78	5	examined	examine	VERB
ajfa-8318	78	6	by	by	ADP
ajfa-8318	78	7	equation	equation	NOUN
ajfa-8318	78	8	(	(	PUNCT
ajfa-8318	78	9	2	2	NUM
ajfa-8318	78	10	)	)	PUNCT
ajfa-8318	78	11	which	which	PRON
ajfa-8318	78	12	is	be	AUX
ajfa-8318	78	13	shown	show	VERB
ajfa-8318	78	14	as	as	SCONJ
ajfa-8318	78	15	follows	follow	VERB
ajfa-8318	78	16	.	.	PUNCT
ajfa-8318	79	1	remi	remi	PROPN
ajfa-8318	79	2	,	,	PUNCT
ajfa-8318	79	3	t	t	PROPN
ajfa-8318	79	4	=	=	SYM
ajfa-8318	79	5	γ0	γ0	PROPN
ajfa-8318	79	6	+	+	CCONJ
ajfa-8318	79	7	γ1	γ1	PROPN
ajfa-8318	79	8	cari	cari	PROPN
ajfa-8318	79	9	,	,	PUNCT
ajfa-8318	79	10	t	t	PROPN
ajfa-8318	79	11	+	+	CCONJ
ajfa-8318	79	12	γ2	γ2	PROPN
ajfa-8318	79	13	dai	dai	PROPN
ajfa-8318	79	14	,	,	PUNCT
ajfa-8318	79	15	t	t	PROPN
ajfa-8318	79	16	+	+	CCONJ
ajfa-8318	79	17	γ3	γ3	NOUN
ajfa-8318	79	18	lnati	lnati	NOUN
ajfa-8318	79	19	,	,	PUNCT
ajfa-8318	79	20	t	t	PROPN
ajfa-8318	79	21	+	+	CCONJ
ajfa-8318	79	22	γ4	γ4	PROPN
ajfa-8318	79	23	mbi	mbi	PROPN
ajfa-8318	79	24	,	,	PUNCT
ajfa-8318	79	25	t	t	PROPN
ajfa-8318	79	26	+	+	CCONJ
ajfa-8318	79	27	γ5	γ5	PROPN
ajfa-8318	79	28	roai	roai	NOUN
ajfa-8318	79	29	,	,	PUNCT
ajfa-8318	79	30	t	t	PROPN
ajfa-8318	79	31	+	+	CCONJ
ajfa-8318	79	32	γ6levi	γ6levi	ADJ
ajfa-8318	79	33	,	,	PUNCT
ajfa-8318	79	34	t	t	PROPN
ajfa-8318	79	35	+	+	PROPN
ajfa-8318	79	36	γ7	γ7	PROPN
ajfa-8318	79	37	big4i	big4i	PROPN
ajfa-8318	79	38	,	,	PUNCT
ajfa-8318	79	39	t	t	PROPN
ajfa-8318	79	40	+	+	CCONJ
ajfa-8318	79	41	γ8	γ8	PROPN
ajfa-8318	79	42	litigationi	litigationi	NOUN
ajfa-8318	79	43	,	,	PUNCT
ajfa-8318	79	44	t	t	PROPN
ajfa-8318	79	45	+	+	NUM
ajfa-8318	79	46	μi	μi	PROPN
ajfa-8318	79	47	,	,	PUNCT
ajfa-8318	79	48	t	t	PROPN
ajfa-8318	79	49	(	(	PUNCT
ajfa-8318	79	50	2	2	NUM
ajfa-8318	79	51	)	)	PUNCT
ajfa-8318	79	52	the	the	DET
ajfa-8318	79	53	next	next	ADJ
ajfa-8318	79	54	section	section	NOUN
ajfa-8318	79	55	presents	present	VERB
ajfa-8318	79	56	the	the	DET
ajfa-8318	79	57	definitions	definition	NOUN
ajfa-8318	79	58	of	of	ADP
ajfa-8318	79	59	the	the	DET
ajfa-8318	79	60	variables	variable	NOUN
ajfa-8318	79	61	and	and	CCONJ
ajfa-8318	79	62	their	their	PRON
ajfa-8318	79	63	predicted	predict	VERB
ajfa-8318	79	64	signs	sign	NOUN
ajfa-8318	79	65	.	.	PUNCT
ajfa-8318	80	1	3.2	3.2	NUM
ajfa-8318	80	2	variable	variable	ADJ
ajfa-8318	80	3	definitions	definition	NOUN
ajfa-8318	80	4	3.2.1	3.2.1	NUM
ajfa-8318	80	5	dependent	dependent	ADJ
ajfa-8318	80	6	variables	variable	NOUN
ajfa-8318	80	7	:	:	PUNCT
ajfa-8318	80	8	proxies	proxy	NOUN
ajfa-8318	80	9	for	for	ADP
ajfa-8318	80	10	real	real	ADJ
ajfa-8318	80	11	earnings	earning	NOUN
ajfa-8318	80	12	management	management	NOUN
ajfa-8318	80	13	(	(	PUNCT
ajfa-8318	80	14	rem	rem	NOUN
ajfa-8318	80	15	)	)	PUNCT
ajfa-8318	80	16	following	follow	VERB
ajfa-8318	80	17	dechow	dechow	ADP
ajfa-8318	80	18	et	et	PROPN
ajfa-8318	80	19	al	al	PROPN
ajfa-8318	80	20	.	.	PUNCT
ajfa-8318	80	21	(	(	PUNCT
ajfa-8318	80	22	1998	1998	NUM
ajfa-8318	80	23	)	)	PUNCT
ajfa-8318	80	24	and	and	CCONJ
ajfa-8318	80	25	roychowdhury	roychowdhury	NOUN
ajfa-8318	80	26	(	(	PUNCT
ajfa-8318	80	27	2006	2006	NUM
ajfa-8318	80	28	)	)	PUNCT
ajfa-8318	80	29	,	,	PUNCT
ajfa-8318	80	30	we	we	PRON
ajfa-8318	80	31	use	use	VERB
ajfa-8318	80	32	abnormal	abnormal	ADJ
ajfa-8318	80	33	cash	cash	NOUN
ajfa-8318	80	34	flows	flow	NOUN
ajfa-8318	80	35	from	from	ADP
ajfa-8318	80	36	operations	operation	NOUN
ajfa-8318	80	37	(	(	PUNCT
ajfa-8318	80	38	ab_cfo	ab_cfo	NOUN
ajfa-8318	80	39	)	)	PUNCT
ajfa-8318	80	40	,	,	PUNCT
ajfa-8318	80	41	abnormal	abnormal	ADJ
ajfa-8318	80	42	production	production	NOUN
ajfa-8318	80	43	costs	cost	NOUN
ajfa-8318	80	44	(	(	PUNCT
ajfa-8318	80	45	ab_prod	ab_prod	NOUN
ajfa-8318	80	46	)	)	PUNCT
ajfa-8318	80	47	,	,	PUNCT
ajfa-8318	80	48	and	and	CCONJ
ajfa-8318	80	49	abnormal	abnormal	ADJ
ajfa-8318	80	50	discretionary	discretionary	ADJ
ajfa-8318	80	51	expenditures	expenditure	NOUN
ajfa-8318	80	52	(	(	PUNCT
ajfa-8318	80	53	ab_disexp	ab_disexp	NOUN
ajfa-8318	80	54	)	)	PUNCT
ajfa-8318	80	55	as	as	ADP
ajfa-8318	80	56	measurements	measurement	NOUN
ajfa-8318	80	57	of	of	ADP
ajfa-8318	80	58	rem	rem	PROPN
ajfa-8318	80	59	.	.	PROPN
ajfa-8318	81	1	first	first	ADV
ajfa-8318	81	2	,	,	PUNCT
ajfa-8318	81	3	lower	low	ADJ
ajfa-8318	81	4	ab_cfo	ab_cfo	PROPN
ajfa-8318	81	5	is	be	AUX
ajfa-8318	81	6	achieved	achieve	VERB
ajfa-8318	81	7	through	through	ADP
ajfa-8318	81	8	sales	sale	NOUN
ajfa-8318	81	9	manipulation	manipulation	NOUN
ajfa-8318	81	10	,	,	PUNCT
ajfa-8318	81	11	by	by	ADP
ajfa-8318	81	12	offering	offer	VERB
ajfa-8318	81	13	sales	sale	NOUN
ajfa-8318	81	14	discounts	discount	NOUN
ajfa-8318	81	15	or	or	CCONJ
ajfa-8318	81	16	lenient	lenient	ADJ
ajfa-8318	81	17	credit	credit	NOUN
ajfa-8318	81	18	terms	term	NOUN
ajfa-8318	81	19	to	to	PART
ajfa-8318	81	20	boost	boost	VERB
ajfa-8318	81	21	sales	sale	NOUN
ajfa-8318	81	22	and	and	CCONJ
ajfa-8318	81	23	temporary	temporary	ADJ
ajfa-8318	81	24	increase	increase	NOUN
ajfa-8318	81	25	earnings	earning	NOUN
ajfa-8318	81	26	.	.	PUNCT
ajfa-8318	82	1	second	second	ADJ
ajfa-8318	82	2	,	,	PUNCT
ajfa-8318	82	3	engaging	engage	VERB
ajfa-8318	82	4	in	in	ADP
ajfa-8318	82	5	overproduction	overproduction	NOUN
ajfa-8318	82	6	,	,	PUNCT
ajfa-8318	82	7	a	a	DET
ajfa-8318	82	8	lower	low	ADJ
ajfa-8318	82	9	of	of	ADP
ajfa-8318	82	10	operating	operate	VERB
ajfa-8318	82	11	cash	cash	NOUN
ajfa-8318	82	12	flow	flow	NOUN
ajfa-8318	82	13	and	and	CCONJ
ajfa-8318	82	14	cost	cost	NOUN
ajfa-8318	82	15	of	of	ADP
ajfa-8318	82	16	goods	good	NOUN
ajfa-8318	82	17	sold	sell	VERB
ajfa-8318	82	18	(	(	PUNCT
ajfa-8318	82	19	cogs	cog	NOUN
ajfa-8318	82	20	)	)	PUNCT
ajfa-8318	82	21	is	be	AUX
ajfa-8318	82	22	implied	imply	VERB
ajfa-8318	82	23	.	.	PUNCT
ajfa-8318	83	1	third	third	ADV
ajfa-8318	83	2	,	,	PUNCT
ajfa-8318	83	3	reducing	reduce	VERB
ajfa-8318	83	4	discretionary	discretionary	ADJ
ajfa-8318	83	5	expenditures	expenditure	NOUN
ajfa-8318	83	6	in	in	ADP
ajfa-8318	83	7	sales	sale	NOUN
ajfa-8318	83	8	and	and	CCONJ
ajfa-8318	83	9	administration	administration	NOUN
ajfa-8318	83	10	,	,	PUNCT
ajfa-8318	83	11	r&d	r&d	NOUN
ajfa-8318	83	12	and	and	CCONJ
ajfa-8318	83	13	advertisement	advertisement	NOUN
ajfa-8318	83	14	can	can	AUX
ajfa-8318	83	15	avoid	avoid	VERB
ajfa-8318	83	16	losses	loss	NOUN
ajfa-8318	83	17	and	and	CCONJ
ajfa-8318	83	18	inflate	inflate	VERB
ajfa-8318	83	19	earnings	earning	NOUN
ajfa-8318	83	20	,	,	PUNCT
ajfa-8318	83	21	and	and	CCONJ
ajfa-8318	83	22	when	when	SCONJ
ajfa-8318	83	23	paid	pay	VERB
ajfa-8318	83	24	in	in	ADP
ajfa-8318	83	25	cash	cash	NOUN
ajfa-8318	83	26	,	,	PUNCT
ajfa-8318	83	27	operating	operate	VERB
ajfa-8318	83	28	cash	cash	NOUN
ajfa-8318	83	29	outflows	outflow	NOUN
ajfa-8318	83	30	is	be	AUX
ajfa-8318	83	31	lowered	lower	VERB
ajfa-8318	83	32	.	.	PUNCT
ajfa-8318	84	1	when	when	SCONJ
ajfa-8318	84	2	firms	firm	NOUN
ajfa-8318	84	3	manage	manage	VERB
ajfa-8318	84	4	earnings	earning	NOUN
ajfa-8318	84	5	upward	upward	ADV
ajfa-8318	84	6	,	,	PUNCT
ajfa-8318	84	7	it	it	PRON
ajfa-8318	84	8	is	be	AUX
ajfa-8318	84	9	more	more	ADV
ajfa-8318	84	10	likely	likely	ADJ
ajfa-8318	84	11	to	to	PART
ajfa-8318	84	12	result	result	VERB
ajfa-8318	84	13	in	in	ADP
ajfa-8318	84	14	abnormally	abnormally	ADV
ajfa-8318	84	15	low	low	ADJ
ajfa-8318	84	16	cash	cash	NOUN
ajfa-8318	84	17	flows	flow	NOUN
ajfa-8318	84	18	from	from	ADP
ajfa-8318	84	19	operations	operation	NOUN
ajfa-8318	84	20	and	and	CCONJ
ajfa-8318	84	21	discretionary	discretionary	ADJ
ajfa-8318	84	22	expenditures	expenditure	NOUN
ajfa-8318	84	23	,	,	PUNCT
ajfa-8318	84	24	and	and	CCONJ
ajfa-8318	84	25	abnormally	abnormally	ADV
ajfa-8318	84	26	high	high	ADJ
ajfa-8318	84	27	production	production	NOUN
ajfa-8318	84	28	costs	cost	NOUN
ajfa-8318	84	29	.	.	PUNCT
ajfa-8318	85	1	the	the	DET
ajfa-8318	85	2	normal	normal	ADJ
ajfa-8318	85	3	level	level	NOUN
ajfa-8318	85	4	of	of	ADP
ajfa-8318	85	5	cfo	cfo	NOUN
ajfa-8318	85	6	is	be	AUX
ajfa-8318	85	7	estimated	estimate	VERB
ajfa-8318	85	8	through	through	ADP
ajfa-8318	85	9	equation	equation	NOUN
ajfa-8318	85	10	(	(	PUNCT
ajfa-8318	85	11	3	3	NUM
ajfa-8318	85	12	)	)	PUNCT
ajfa-8318	85	13	based	base	VERB
ajfa-8318	85	14	on	on	ADP
ajfa-8318	85	15	the	the	DET
ajfa-8318	85	16	model	model	NOUN
ajfa-8318	85	17	,	,	PUNCT
ajfa-8318	85	18	which	which	PRON
ajfa-8318	85	19	is	be	AUX
ajfa-8318	85	20	a	a	DET
ajfa-8318	85	21	linear	linear	ADJ
ajfa-8318	85	22	function	function	NOUN
ajfa-8318	85	23	of	of	ADP
ajfa-8318	85	24	sales	sale	NOUN
ajfa-8318	85	25	and	and	CCONJ
ajfa-8318	85	26	changes	change	NOUN
ajfa-8318	85	27	in	in	ADP
ajfa-8318	85	28	sales	sale	NOUN
ajfa-8318	85	29	,	,	PUNCT
ajfa-8318	85	30	estimated	estimate	VERB
ajfa-8318	85	31	for	for	ADP
ajfa-8318	85	32	each	each	DET
ajfa-8318	85	33	year	year	NOUN
ajfa-8318	85	34	and	and	CCONJ
ajfa-8318	85	35	industry	industry	NOUN
ajfa-8318	85	36	through	through	ADP
ajfa-8318	85	37	a	a	DET
ajfa-8318	85	38	cross	cross	ADJ
ajfa-8318	85	39	-	-	ADJ
ajfa-8318	85	40	sectional	sectional	ADJ
ajfa-8318	85	41	regression	regression	NOUN
ajfa-8318	85	42	.	.	PUNCT
ajfa-8318	86	1	note	note	VERB
ajfa-8318	86	2	that	that	SCONJ
ajfa-8318	86	3	ab_cfo	ab_cfo	PROPN
ajfa-8318	86	4	is	be	AUX
ajfa-8318	86	5	multiplied	multiply	VERB
ajfa-8318	86	6	by	by	ADP
ajfa-8318	86	7	-1	-1	PUNCT
ajfa-8318	86	8	,	,	PUNCT
ajfa-8318	86	9	so	so	SCONJ
ajfa-8318	86	10	that	that	SCONJ
ajfa-8318	86	11	a	a	DET
ajfa-8318	86	12	higher	high	ADJ
ajfa-8318	86	13	value	value	NOUN
ajfa-8318	86	14	indicates	indicate	VERB
ajfa-8318	86	15	a	a	DET
ajfa-8318	86	16	higher	high	ADJ
ajfa-8318	86	17	degree	degree	NOUN
ajfa-8318	86	18	of	of	ADP
ajfa-8318	86	19	upward	upward	ADJ
ajfa-8318	86	20	sales	sale	NOUN
ajfa-8318	86	21	manipulation	manipulation	NOUN
ajfa-8318	86	22	.	.	PUNCT
ajfa-8318	87	1	asian	asian	ADJ
ajfa-8318	87	2	journal	journal	PROPN
ajfa-8318	87	3	of	of	ADP
ajfa-8318	87	4	finance	finance	PROPN
ajfa-8318	87	5	&	&	CCONJ
ajfa-8318	87	6	accounting	accounting	PROPN
ajfa-8318	87	7	issn	issn	PROPN
ajfa-8318	87	8	1946	1946	NUM
ajfa-8318	87	9	-	-	PUNCT
ajfa-8318	87	10	052x	052x	NOUN
ajfa-8318	87	11	2015	2015	NUM
ajfa-8318	87	12	,	,	PUNCT
ajfa-8318	87	13	vol	vol	NOUN
ajfa-8318	87	14	.	.	PROPN
ajfa-8318	87	15	7	7	NUM
ajfa-8318	87	16	,	,	PUNCT
ajfa-8318	87	17	no	no	INTJ
ajfa-8318	87	18	.	.	NOUN
ajfa-8318	87	19	2	2	NUM
ajfa-8318	87	20	126	126	NUM
ajfa-8318	87	21	,	,	PUNCT
ajfa-8318	87	22	,	,	PUNCT
ajfa-8318	87	23	,	,	PUNCT
ajfa-8318	87	24	0	0	NUM
ajfa-8318	87	25	1	1	NUM
ajfa-8318	87	26	2	2	NUM
ajfa-8318	87	27	3	3	NUM
ajfa-8318	87	28	,	,	PUNCT
ajfa-8318	87	29	,	,	PUNCT
ajfa-8318	87	30	-1	-1	PUNCT
ajfa-8318	87	31	,	,	PUNCT
ajfa-8318	87	32	-1	-1	X
ajfa-8318	87	33	,	,	PUNCT
ajfa-8318	87	34	-1	-1	CCONJ
ajfa-8318	87	35	,	,	PUNCT
ajfa-8318	87	36	-1	-1	PROPN
ajfa-8318	88	1	1i	1i	NOUN
ajfa-8318	88	2	t	t	NOUN
ajfa-8318	89	1	i	i	PRON
ajfa-8318	89	2	t	t	X
ajfa-8318	90	1	i	i	PRON
ajfa-8318	90	2	t	t	X
ajfa-8318	91	1	i	i	PRON
ajfa-8318	91	2	t	t	X
ajfa-8318	92	1	i	i	PRON
ajfa-8318	92	2	t	t	X
ajfa-8318	93	1	i	i	PRON
ajfa-8318	93	2	t	t	X
ajfa-8318	94	1	i	i	PRON
ajfa-8318	94	2	t	t	X
ajfa-8318	95	1	i	i	PRON
ajfa-8318	95	2	t	t	PROPN
ajfa-8318	95	3	cfo	cfo	VERB
ajfa-8318	95	4	sales	sale	NOUN
ajfa-8318	95	5	sales	sale	NOUN
ajfa-8318	95	6	a	a	DET
ajfa-8318	95	7	a	a	PRON
ajfa-8318	95	8	a	a	DET
ajfa-8318	95	9	a	a	DET
ajfa-8318	95	10	α	α	NOUN
ajfa-8318	95	11	α	α	NOUN
ajfa-8318	95	12	α	α	NOUN
ajfa-8318	95	13	α	α	NOUN
ajfa-8318	95	14	ε	ε	PROPN
ajfa-8318	95	15	δ	δ	X
ajfa-8318	96	1	=	=	PUNCT
ajfa-8318	97	1	+	+	PUNCT
ajfa-8318	98	1	+	+	PUNCT
ajfa-8318	98	2	+	+	PUNCT
ajfa-8318	98	3	+	+	CCONJ
ajfa-8318	98	4	(	(	PUNCT
ajfa-8318	98	5	3	3	NUM
ajfa-8318	98	6	)	)	PUNCT
ajfa-8318	98	7	where	where	SCONJ
ajfa-8318	98	8	for	for	ADP
ajfa-8318	98	9	fiscal	fiscal	ADJ
ajfa-8318	98	10	year	year	NOUN
ajfa-8318	98	11	t	t	NOUN
ajfa-8318	98	12	and	and	CCONJ
ajfa-8318	98	13	firm	firm	PROPN
ajfa-8318	98	14	i	i	PROPN
ajfa-8318	98	15	,	,	PUNCT
ajfa-8318	98	16	cfoi	cfoi	PROPN
ajfa-8318	98	17	,	,	PUNCT
ajfa-8318	98	18	t	t	PROPN
ajfa-8318	98	19	is	be	AUX
ajfa-8318	98	20	cash	cash	NOUN
ajfa-8318	98	21	flow	flow	NOUN
ajfa-8318	98	22	from	from	ADP
ajfa-8318	98	23	operations	operation	NOUN
ajfa-8318	98	24	in	in	ADP
ajfa-8318	98	25	year	year	NOUN
ajfa-8318	98	26	t	t	PROPN
ajfa-8318	98	27	;	;	PUNCT
ajfa-8318	98	28	ai	ai	VERB
ajfa-8318	98	29	,	,	PUNCT
ajfa-8318	98	30	t-1	t-1	PROPN
ajfa-8318	98	31	is	be	AUX
ajfa-8318	98	32	total	total	ADJ
ajfa-8318	98	33	assets	asset	NOUN
ajfa-8318	98	34	at	at	ADP
ajfa-8318	98	35	the	the	DET
ajfa-8318	98	36	beginning	beginning	NOUN
ajfa-8318	98	37	of	of	ADP
ajfa-8318	98	38	year	year	NOUN
ajfa-8318	98	39	t	t	PROPN
ajfa-8318	98	40	;	;	PUNCT
ajfa-8318	98	41	salesi	salesi	NOUN
ajfa-8318	98	42	,	,	PUNCT
ajfa-8318	98	43	t	t	PROPN
ajfa-8318	98	44	is	be	AUX
ajfa-8318	98	45	the	the	DET
ajfa-8318	98	46	sales	sale	NOUN
ajfa-8318	98	47	during	during	ADP
ajfa-8318	98	48	year	year	NOUN
ajfa-8318	98	49	t	t	PROPN
ajfa-8318	98	50	;	;	PUNCT
ajfa-8318	98	51	and	and	CCONJ
ajfa-8318	98	52	∆salesi	∆salesi	NOUN
ajfa-8318	98	53	,	,	PUNCT
ajfa-8318	98	54	t	t	PROPN
ajfa-8318	98	55	is	be	AUX
ajfa-8318	98	56	change	change	NOUN
ajfa-8318	98	57	in	in	ADP
ajfa-8318	98	58	sales	sale	NOUN
ajfa-8318	98	59	in	in	ADP
ajfa-8318	98	60	year	year	NOUN
ajfa-8318	98	61	t	t	PROPN
ajfa-8318	98	62	,	,	PUNCT
ajfa-8318	98	63	defined	define	VERB
ajfa-8318	98	64	as	as	ADP
ajfa-8318	98	65	salesi	salesi	NOUN
ajfa-8318	98	66	,	,	PUNCT
ajfa-8318	98	67	t－salesi	t－salesi	NOUN
ajfa-8318	98	68	,	,	PUNCT
ajfa-8318	98	69	t-1	t-1	PROPN
ajfa-8318	98	70	.	.	PUNCT
ajfa-8318	99	1	second	second	ADJ
ajfa-8318	99	2	,	,	PUNCT
ajfa-8318	99	3	we	we	PRON
ajfa-8318	99	4	define	define	VERB
ajfa-8318	99	5	overproduction	overproduction	NOUN
ajfa-8318	99	6	as	as	ADP
ajfa-8318	99	7	ab_prod	ab_prod	NOUN
ajfa-8318	99	8	,	,	PUNCT
ajfa-8318	99	9	estimated	estimate	VERB
ajfa-8318	99	10	by	by	ADP
ajfa-8318	99	11	subtracting	subtract	VERB
ajfa-8318	99	12	the	the	DET
ajfa-8318	99	13	normal	normal	ADJ
ajfa-8318	99	14	level	level	NOUN
ajfa-8318	99	15	of	of	ADP
ajfa-8318	99	16	production	production	NOUN
ajfa-8318	99	17	costs	cost	NOUN
ajfa-8318	99	18	from	from	ADP
ajfa-8318	99	19	the	the	DET
ajfa-8318	99	20	actual	actual	ADJ
ajfa-8318	99	21	production	production	NOUN
ajfa-8318	99	22	costs	cost	NOUN
ajfa-8318	99	23	.	.	PUNCT
ajfa-8318	100	1	the	the	DET
ajfa-8318	100	2	normal	normal	ADJ
ajfa-8318	100	3	level	level	NOUN
ajfa-8318	100	4	of	of	ADP
ajfa-8318	100	5	production	production	NOUN
ajfa-8318	100	6	costs	cost	NOUN
ajfa-8318	100	7	(	(	PUNCT
ajfa-8318	100	8	prod	prod	NOUN
ajfa-8318	100	9	)	)	PUNCT
ajfa-8318	100	10	,	,	PUNCT
ajfa-8318	100	11	as	as	SCONJ
ajfa-8318	100	12	shown	show	VERB
ajfa-8318	100	13	in	in	ADP
ajfa-8318	100	14	equation	equation	NOUN
ajfa-8318	100	15	(	(	PUNCT
ajfa-8318	100	16	4	4	NUM
ajfa-8318	100	17	)	)	PUNCT
ajfa-8318	100	18	,	,	PUNCT
ajfa-8318	100	19	is	be	AUX
ajfa-8318	100	20	the	the	DET
ajfa-8318	100	21	sum	sum	NOUN
ajfa-8318	100	22	of	of	ADP
ajfa-8318	100	23	cogs	cog	NOUN
ajfa-8318	100	24	and	and	CCONJ
ajfa-8318	100	25	change	change	NOUN
ajfa-8318	100	26	in	in	ADP
ajfa-8318	100	27	inventory	inventory	NOUN
ajfa-8318	100	28	(	(	PUNCT
ajfa-8318	100	29	∆inv	∆inv	ADV
ajfa-8318	100	30	)	)	PUNCT
ajfa-8318	100	31	during	during	ADP
ajfa-8318	100	32	the	the	DET
ajfa-8318	100	33	year	year	NOUN
ajfa-8318	100	34	.	.	PUNCT
ajfa-8318	101	1	cogs	cog	NOUN
ajfa-8318	101	2	is	be	AUX
ajfa-8318	101	3	a	a	DET
ajfa-8318	101	4	linear	linear	ADJ
ajfa-8318	101	5	function	function	NOUN
ajfa-8318	101	6	of	of	ADP
ajfa-8318	101	7	the	the	DET
ajfa-8318	101	8	contemporaneous	contemporaneous	ADJ
ajfa-8318	101	9	sales	sale	NOUN
ajfa-8318	101	10	,	,	PUNCT
ajfa-8318	101	11	as	as	SCONJ
ajfa-8318	101	12	shown	show	VERB
ajfa-8318	101	13	in	in	ADP
ajfa-8318	101	14	equation	equation	NOUN
ajfa-8318	101	15	(	(	PUNCT
ajfa-8318	101	16	5	5	NUM
ajfa-8318	101	17	)	)	PUNCT
ajfa-8318	101	18	,	,	PUNCT
ajfa-8318	101	19	and	and	CCONJ
ajfa-8318	101	20	the	the	DET
ajfa-8318	101	21	change	change	NOUN
ajfa-8318	101	22	in	in	ADP
ajfa-8318	101	23	inventory	inventory	NOUN
ajfa-8318	101	24	is	be	AUX
ajfa-8318	101	25	also	also	ADV
ajfa-8318	101	26	a	a	DET
ajfa-8318	101	27	linear	linear	ADJ
ajfa-8318	101	28	function	function	NOUN
ajfa-8318	101	29	of	of	ADP
ajfa-8318	101	30	the	the	DET
ajfa-8318	101	31	contemporaneous	contemporaneous	ADJ
ajfa-8318	101	32	and	and	CCONJ
ajfa-8318	101	33	lagged	lag	VERB
ajfa-8318	101	34	changes	change	NOUN
ajfa-8318	101	35	in	in	ADP
ajfa-8318	101	36	sales	sale	NOUN
ajfa-8318	101	37	,	,	PUNCT
ajfa-8318	101	38	as	as	SCONJ
ajfa-8318	101	39	shown	show	VERB
ajfa-8318	101	40	in	in	ADP
ajfa-8318	101	41	equation	equation	NOUN
ajfa-8318	101	42	(	(	PUNCT
ajfa-8318	101	43	6	6	NUM
ajfa-8318	101	44	)	)	PUNCT
ajfa-8318	101	45	.	.	PUNCT
ajfa-8318	102	1	,	,	PUNCT
ajfa-8318	102	2	,	,	PUNCT
ajfa-8318	102	3	,	,	PUNCT
ajfa-8318	102	4	,	,	PUNCT
ajfa-8318	102	5	-1	-1	INTJ
ajfa-8318	102	6	,	,	PUNCT
ajfa-8318	102	7	,	,	PUNCT
ajfa-8318	102	8	,	,	PUNCT
ajfa-8318	102	9	-1	-1	ADP
ajfa-8318	102	10	0	0	NUM
ajfa-8318	102	11	1	1	NUM
ajfa-8318	102	12	2	2	NUM
ajfa-8318	102	13	3	3	NUM
ajfa-8318	102	14	4	4	NUM
ajfa-8318	102	15	,	,	PUNCT
ajfa-8318	102	16	,	,	PUNCT
ajfa-8318	102	17	-1	-1	PUNCT
ajfa-8318	102	18	,	,	PUNCT
ajfa-8318	102	19	-1	-1	X
ajfa-8318	102	20	,	,	PUNCT
ajfa-8318	102	21	-1	-1	CCONJ
ajfa-8318	102	22	,	,	PUNCT
ajfa-8318	102	23	-1	-1	ADP
ajfa-8318	103	1	1	1	X
ajfa-8318	104	1	i	i	PRON
ajfa-8318	104	2	t	t	VERB
ajfa-8318	105	1	i	i	PRON
ajfa-8318	105	2	t	t	X
ajfa-8318	106	1	i	i	PRON
ajfa-8318	106	2	t	t	X
ajfa-8318	107	1	i	i	PRON
ajfa-8318	107	2	t	t	X
ajfa-8318	108	1	i	i	PRON
ajfa-8318	108	2	t	t	X
ajfa-8318	109	1	i	i	PRON
ajfa-8318	109	2	t	t	X
ajfa-8318	110	1	i	i	PRON
ajfa-8318	110	2	t	t	X
ajfa-8318	111	1	i	i	PRON
ajfa-8318	111	2	t	t	X
ajfa-8318	112	1	i	i	PRON
ajfa-8318	112	2	t	t	X
ajfa-8318	113	1	i	i	PRON
ajfa-8318	113	2	t	t	X
ajfa-8318	114	1	i	i	PRON
ajfa-8318	114	2	t	t	X
ajfa-8318	115	1	i	i	PRON
ajfa-8318	115	2	t	t	PROPN
ajfa-8318	115	3	prod	prod	NOUN
ajfa-8318	115	4	cogs	cog	NOUN
ajfa-8318	115	5	inv	inv	VERB
ajfa-8318	115	6	a	a	DET
ajfa-8318	115	7	sales	sale	NOUN
ajfa-8318	115	8	sales	sale	NOUN
ajfa-8318	115	9	sales	sale	NOUN
ajfa-8318	115	10	a	a	DET
ajfa-8318	115	11	a	a	PRON
ajfa-8318	115	12	a	a	PRON
ajfa-8318	115	13	a	a	PRON
ajfa-8318	115	14	α	α	NOUN
ajfa-8318	115	15	α	α	NOUN
ajfa-8318	115	16	α	α	NOUN
ajfa-8318	115	17	α	α	NOUN
ajfa-8318	115	18	α	α	NOUN
ajfa-8318	115	19	ε	ε	PROPN
ajfa-8318	115	20	=	=	PUNCT
ajfa-8318	116	1	+	+	NUM
ajfa-8318	116	2	δ	δ	PROPN
ajfa-8318	116	3	δ	δ	X
ajfa-8318	116	4	δ	δ	NOUN
ajfa-8318	116	5	=	=	PUNCT
ajfa-8318	117	1	+	+	PUNCT
ajfa-8318	118	1	+	+	PUNCT
ajfa-8318	118	2	+	+	PUNCT
ajfa-8318	118	3	+	+	PUNCT
ajfa-8318	118	4	+	+	CCONJ
ajfa-8318	118	5	(	(	PUNCT
ajfa-8318	118	6	4	4	NUM
ajfa-8318	118	7	)	)	PUNCT
ajfa-8318	118	8	given	give	VERB
ajfa-8318	118	9	,	,	PUNCT
ajfa-8318	118	10	,	,	PUNCT
ajfa-8318	118	11	0	0	NUM
ajfa-8318	118	12	1	1	NUM
ajfa-8318	118	13	2	2	NUM
ajfa-8318	118	14	,	,	PUNCT
ajfa-8318	118	15	,	,	PUNCT
ajfa-8318	118	16	-1	-1	PUNCT
ajfa-8318	118	17	,	,	PUNCT
ajfa-8318	118	18	-1	-1	CCONJ
ajfa-8318	118	19	,	,	PUNCT
ajfa-8318	118	20	-1	-1	PROPN
ajfa-8318	119	1	1i	1i	NOUN
ajfa-8318	119	2	t	t	NOUN
ajfa-8318	120	1	i	i	PRON
ajfa-8318	120	2	t	t	X
ajfa-8318	121	1	i	i	PRON
ajfa-8318	121	2	t	t	X
ajfa-8318	122	1	i	i	PRON
ajfa-8318	122	2	t	t	X
ajfa-8318	123	1	i	i	PRON
ajfa-8318	123	2	t	t	X
ajfa-8318	124	1	i	i	PRON
ajfa-8318	124	2	t	t	PROPN
ajfa-8318	124	3	cogs	cog	NOUN
ajfa-8318	124	4	sales	sale	NOUN
ajfa-8318	124	5	a	a	DET
ajfa-8318	124	6	a	a	DET
ajfa-8318	124	7	a	a	DET
ajfa-8318	124	8	α	α	NOUN
ajfa-8318	124	9	α	α	NOUN
ajfa-8318	124	10	α	α	NOUN
ajfa-8318	124	11	ε=	ε=	NOUN
ajfa-8318	124	12	+	+	CCONJ
ajfa-8318	125	1	+	+	PUNCT
ajfa-8318	125	2	+	+	CCONJ
ajfa-8318	125	3	(	(	PUNCT
ajfa-8318	125	4	5	5	NUM
ajfa-8318	125	5	)	)	PUNCT
ajfa-8318	125	6	and	and	CCONJ
ajfa-8318	125	7	,	,	PUNCT
ajfa-8318	125	8	,	,	PUNCT
ajfa-8318	125	9	,	,	PUNCT
ajfa-8318	125	10	-1	-1	ADP
ajfa-8318	125	11	0	0	NUM
ajfa-8318	125	12	1	1	NUM
ajfa-8318	125	13	2	2	NUM
ajfa-8318	125	14	3	3	NUM
ajfa-8318	125	15	,	,	PUNCT
ajfa-8318	125	16	,	,	PUNCT
ajfa-8318	125	17	-1	-1	PUNCT
ajfa-8318	125	18	,	,	PUNCT
ajfa-8318	125	19	-1	-1	X
ajfa-8318	125	20	,	,	PUNCT
ajfa-8318	125	21	-1	-1	CCONJ
ajfa-8318	125	22	,	,	PUNCT
ajfa-8318	125	23	-1	-1	PROPN
ajfa-8318	126	1	1i	1i	NOUN
ajfa-8318	126	2	t	t	NOUN
ajfa-8318	127	1	i	i	PRON
ajfa-8318	127	2	t	t	X
ajfa-8318	128	1	i	i	PRON
ajfa-8318	128	2	t	t	X
ajfa-8318	129	1	i	i	PRON
ajfa-8318	129	2	t	t	X
ajfa-8318	130	1	i	i	PRON
ajfa-8318	130	2	t	t	X
ajfa-8318	131	1	i	i	PRON
ajfa-8318	131	2	t	t	X
ajfa-8318	132	1	i	i	PRON
ajfa-8318	132	2	t	t	X
ajfa-8318	133	1	i	i	PRON
ajfa-8318	133	2	t	t	PROPN
ajfa-8318	133	3	inv	inv	VERB
ajfa-8318	133	4	sales	sale	NOUN
ajfa-8318	133	5	sales	sale	NOUN
ajfa-8318	133	6	a	a	DET
ajfa-8318	133	7	a	a	PRON
ajfa-8318	133	8	a	a	DET
ajfa-8318	133	9	a	a	DET
ajfa-8318	133	10	α	α	NOUN
ajfa-8318	133	11	α	α	NOUN
ajfa-8318	133	12	α	α	NOUN
ajfa-8318	133	13	α	α	NOUN
ajfa-8318	133	14	ε	ε	PROPN
ajfa-8318	133	15	δ	δ	PROPN
ajfa-8318	133	16	δ	δ	PROPN
ajfa-8318	133	17	δ	δ	PROPN
ajfa-8318	133	18	=	=	PUNCT
ajfa-8318	134	1	+	+	PUNCT
ajfa-8318	135	1	+	+	PUNCT
ajfa-8318	135	2	+	+	PUNCT
ajfa-8318	135	3	+	+	CCONJ
ajfa-8318	135	4	(	(	PUNCT
ajfa-8318	135	5	6	6	NUM
ajfa-8318	135	6	)	)	PUNCT
ajfa-8318	135	7	where	where	SCONJ
ajfa-8318	135	8	for	for	ADP
ajfa-8318	135	9	fiscal	fiscal	ADJ
ajfa-8318	135	10	year	year	NOUN
ajfa-8318	135	11	t	t	NOUN
ajfa-8318	135	12	and	and	CCONJ
ajfa-8318	135	13	firm	firm	PROPN
ajfa-8318	135	14	i	i	NOUN
ajfa-8318	135	15	,	,	PUNCT
ajfa-8318	135	16	prodi	prodi	PROPN
ajfa-8318	135	17	,	,	PUNCT
ajfa-8318	135	18	t	t	PROPN
ajfa-8318	135	19	is	be	AUX
ajfa-8318	135	20	the	the	DET
ajfa-8318	135	21	production	production	NOUN
ajfa-8318	135	22	costs	cost	NOUN
ajfa-8318	135	23	in	in	ADP
ajfa-8318	135	24	period	period	NOUN
ajfa-8318	135	25	t	t	NOUN
ajfa-8318	135	26	;	;	PUNCT
ajfa-8318	135	27	defined	define	VERB
ajfa-8318	135	28	as	as	ADP
ajfa-8318	135	29	the	the	DET
ajfa-8318	135	30	sum	sum	NOUN
ajfa-8318	135	31	of	of	ADP
ajfa-8318	135	32	cogs	cog	NOUN
ajfa-8318	135	33	and	and	CCONJ
ajfa-8318	135	34	the	the	DET
ajfa-8318	135	35	change	change	NOUN
ajfa-8318	135	36	in	in	ADP
ajfa-8318	135	37	inventory	inventory	NOUN
ajfa-8318	135	38	;	;	PUNCT
ajfa-8318	135	39	cogsi	cogsi	ADJ
ajfa-8318	135	40	,	,	PUNCT
ajfa-8318	135	41	t	t	PROPN
ajfa-8318	135	42	is	be	AUX
ajfa-8318	135	43	costs	cost	NOUN
ajfa-8318	135	44	of	of	ADP
ajfa-8318	135	45	goods	good	NOUN
ajfa-8318	135	46	sold	sell	VERB
ajfa-8318	135	47	during	during	ADP
ajfa-8318	135	48	year	year	NOUN
ajfa-8318	135	49	t	t	PROPN
ajfa-8318	135	50	;	;	PUNCT
ajfa-8318	135	51	∆invi	∆invi	NUM
ajfa-8318	135	52	,	,	PUNCT
ajfa-8318	135	53	t	t	PROPN
ajfa-8318	135	54	is	be	AUX
ajfa-8318	135	55	the	the	DET
ajfa-8318	135	56	change	change	NOUN
ajfa-8318	135	57	in	in	ADP
ajfa-8318	135	58	inventory	inventory	NOUN
ajfa-8318	135	59	in	in	ADP
ajfa-8318	135	60	year	year	NOUN
ajfa-8318	135	61	t	t	PROPN
ajfa-8318	135	62	;	;	PUNCT
ajfa-8318	135	63	and	and	CCONJ
ajfa-8318	135	64	∆salesi	∆salesi	NOUN
ajfa-8318	135	65	,	,	PUNCT
ajfa-8318	135	66	t	t	PROPN
ajfa-8318	135	67	is	be	AUX
ajfa-8318	135	68	change	change	NOUN
ajfa-8318	135	69	in	in	ADP
ajfa-8318	135	70	sales	sale	NOUN
ajfa-8318	135	71	in	in	ADP
ajfa-8318	135	72	year	year	NOUN
ajfa-8318	135	73	t.	t.	PROPN
ajfa-8318	135	74	the	the	DET
ajfa-8318	135	75	third	third	ADJ
ajfa-8318	135	76	form	form	NOUN
ajfa-8318	135	77	of	of	ADP
ajfa-8318	135	78	rem	rem	PROPN
ajfa-8318	135	79	is	be	AUX
ajfa-8318	135	80	ab_disexp	ab_disexp	NOUN
ajfa-8318	135	81	,	,	PUNCT
ajfa-8318	135	82	which	which	PRON
ajfa-8318	135	83	is	be	AUX
ajfa-8318	135	84	estimated	estimate	VERB
ajfa-8318	135	85	by	by	ADP
ajfa-8318	135	86	subtracting	subtract	VERB
ajfa-8318	135	87	the	the	DET
ajfa-8318	135	88	normal	normal	ADJ
ajfa-8318	135	89	level	level	NOUN
ajfa-8318	135	90	of	of	ADP
ajfa-8318	135	91	discretionary	discretionary	ADJ
ajfa-8318	135	92	expenditures	expenditure	NOUN
ajfa-8318	135	93	(	(	PUNCT
ajfa-8318	135	94	disexp	disexp	NOUN
ajfa-8318	135	95	)	)	PUNCT
ajfa-8318	135	96	from	from	ADP
ajfa-8318	135	97	the	the	DET
ajfa-8318	135	98	actual	actual	ADJ
ajfa-8318	135	99	ones	one	NOUN
ajfa-8318	135	100	.	.	PUNCT
ajfa-8318	136	1	the	the	DET
ajfa-8318	136	2	normal	normal	ADJ
ajfa-8318	136	3	level	level	NOUN
ajfa-8318	136	4	of	of	ADP
ajfa-8318	136	5	discretionary	discretionary	ADJ
ajfa-8318	136	6	expenditures	expenditure	NOUN
ajfa-8318	136	7	is	be	AUX
ajfa-8318	136	8	predicted	predict	VERB
ajfa-8318	136	9	through	through	ADP
ajfa-8318	136	10	equation	equation	NOUN
ajfa-8318	136	11	(	(	PUNCT
ajfa-8318	136	12	7	7	NUM
ajfa-8318	136	13	)	)	PUNCT
ajfa-8318	136	14	,	,	PUNCT
ajfa-8318	136	15	which	which	PRON
ajfa-8318	136	16	is	be	AUX
ajfa-8318	136	17	a	a	DET
ajfa-8318	136	18	linear	linear	ADJ
ajfa-8318	136	19	function	function	NOUN
ajfa-8318	136	20	of	of	ADP
ajfa-8318	136	21	lagged	lag	VERB
ajfa-8318	136	22	sales	sale	NOUN
ajfa-8318	136	23	,	,	PUNCT
ajfa-8318	136	24	estimated	estimate	VERB
ajfa-8318	136	25	for	for	ADP
ajfa-8318	136	26	each	each	DET
ajfa-8318	136	27	year	year	NOUN
ajfa-8318	136	28	and	and	CCONJ
ajfa-8318	136	29	industry	industry	NOUN
ajfa-8318	136	30	through	through	ADP
ajfa-8318	136	31	cross	cross	ADJ
ajfa-8318	136	32	-	-	ADJ
ajfa-8318	136	33	sectional	sectional	ADJ
ajfa-8318	136	34	regression	regression	NOUN
ajfa-8318	136	35	.	.	PUNCT
ajfa-8318	137	1	abnormally	abnormally	ADV
ajfa-8318	137	2	low	low	ADJ
ajfa-8318	137	3	discretionary	discretionary	ADJ
ajfa-8318	137	4	expenditures	expenditure	NOUN
ajfa-8318	137	5	indicate	indicate	VERB
ajfa-8318	137	6	a	a	DET
ajfa-8318	137	7	reduction	reduction	NOUN
ajfa-8318	137	8	in	in	ADP
ajfa-8318	137	9	this	this	DET
ajfa-8318	137	10	spending	spending	NOUN
ajfa-8318	137	11	.	.	PUNCT
ajfa-8318	138	1	we	we	PRON
ajfa-8318	138	2	multiply	multiply	VERB
ajfa-8318	138	3	ab_disexp	ab_disexp	NOUN
ajfa-8318	138	4	by	by	ADP
ajfa-8318	138	5	-1	-1	PUNCT
ajfa-8318	138	6	,	,	PUNCT
ajfa-8318	138	7	so	so	SCONJ
ajfa-8318	138	8	that	that	SCONJ
ajfa-8318	138	9	a	a	DET
ajfa-8318	138	10	higher	high	ADJ
ajfa-8318	138	11	value	value	NOUN
ajfa-8318	138	12	represents	represent	VERB
ajfa-8318	138	13	a	a	DET
ajfa-8318	138	14	greater	great	ADJ
ajfa-8318	138	15	reduction	reduction	NOUN
ajfa-8318	138	16	in	in	ADP
ajfa-8318	138	17	discretionary	discretionary	ADJ
ajfa-8318	138	18	expenditures	expenditure	NOUN
ajfa-8318	138	19	.	.	PUNCT
ajfa-8318	139	1	,	,	PUNCT
ajfa-8318	139	2	,	,	PUNCT
ajfa-8318	139	3	-1	-1	ADP
ajfa-8318	139	4	0	0	NUM
ajfa-8318	139	5	1	1	NUM
ajfa-8318	139	6	2	2	NUM
ajfa-8318	139	7	,	,	PUNCT
ajfa-8318	139	8	,	,	PUNCT
ajfa-8318	139	9	-1	-1	PUNCT
ajfa-8318	139	10	,	,	PUNCT
ajfa-8318	139	11	-1	-1	CCONJ
ajfa-8318	139	12	,	,	PUNCT
ajfa-8318	139	13	-1	-1	PROPN
ajfa-8318	140	1	1i	1i	NOUN
ajfa-8318	140	2	t	t	NOUN
ajfa-8318	141	1	i	i	PRON
ajfa-8318	141	2	t	t	X
ajfa-8318	142	1	i	i	PRON
ajfa-8318	142	2	t	t	X
ajfa-8318	143	1	i	i	PRON
ajfa-8318	143	2	t	t	X
ajfa-8318	144	1	i	i	PRON
ajfa-8318	144	2	t	t	X
ajfa-8318	145	1	i	i	PRON
ajfa-8318	145	2	t	t	X
ajfa-8318	145	3	disexp	disexp	NOUN
ajfa-8318	145	4	sales	sale	NOUN
ajfa-8318	145	5	a	a	DET
ajfa-8318	145	6	a	a	DET
ajfa-8318	145	7	a	a	DET
ajfa-8318	145	8	α	α	NOUN
ajfa-8318	145	9	α	α	NOUN
ajfa-8318	145	10	α	α	NOUN
ajfa-8318	145	11	ε=	ε=	NOUN
ajfa-8318	145	12	+	+	CCONJ
ajfa-8318	146	1	+	+	PUNCT
ajfa-8318	146	2	+	+	CCONJ
ajfa-8318	146	3	(	(	PUNCT
ajfa-8318	146	4	7	7	X
ajfa-8318	146	5	)	)	PUNCT
ajfa-8318	146	6	asian	asian	ADJ
ajfa-8318	146	7	journal	journal	NOUN
ajfa-8318	146	8	of	of	ADP
ajfa-8318	146	9	finance	finance	PROPN
ajfa-8318	146	10	&	&	CCONJ
ajfa-8318	146	11	accounting	accounting	PROPN
ajfa-8318	146	12	issn	issn	PROPN
ajfa-8318	146	13	1946	1946	NUM
ajfa-8318	146	14	-	-	PUNCT
ajfa-8318	146	15	052x	052x	NOUN
ajfa-8318	146	16	2015	2015	NUM
ajfa-8318	146	17	,	,	PUNCT
ajfa-8318	146	18	vol	vol	NOUN
ajfa-8318	146	19	.	.	PROPN
ajfa-8318	146	20	7	7	NUM
ajfa-8318	146	21	,	,	PUNCT
ajfa-8318	146	22	no	no	INTJ
ajfa-8318	146	23	.	.	NOUN
ajfa-8318	146	24	2	2	NUM
ajfa-8318	146	25	127	127	NUM
ajfa-8318	146	26	where	where	SCONJ
ajfa-8318	146	27	for	for	ADP
ajfa-8318	146	28	fiscal	fiscal	ADJ
ajfa-8318	146	29	year	year	NOUN
ajfa-8318	146	30	t	t	NOUN
ajfa-8318	146	31	and	and	CCONJ
ajfa-8318	146	32	firm	firm	PROPN
ajfa-8318	147	1	i	i	PROPN
ajfa-8318	147	2	,	,	PUNCT
ajfa-8318	147	3	disexpi	disexpi	PROPN
ajfa-8318	147	4	,	,	PUNCT
ajfa-8318	147	5	t	t	PROPN
ajfa-8318	147	6	is	be	AUX
ajfa-8318	147	7	the	the	DET
ajfa-8318	147	8	discretionary	discretionary	ADJ
ajfa-8318	147	9	expenditures	expenditure	NOUN
ajfa-8318	147	10	in	in	ADP
ajfa-8318	147	11	period	period	NOUN
ajfa-8318	147	12	t	t	NOUN
ajfa-8318	147	13	;	;	PUNCT
ajfa-8318	147	14	defined	define	VERB
ajfa-8318	147	15	as	as	ADP
ajfa-8318	147	16	the	the	DET
ajfa-8318	147	17	sum	sum	NOUN
ajfa-8318	147	18	of	of	ADP
ajfa-8318	147	19	advertising	advertising	NOUN
ajfa-8318	147	20	,	,	PUNCT
ajfa-8318	147	21	r&d	r&d	NOUN
ajfa-8318	147	22	,	,	PUNCT
ajfa-8318	147	23	and	and	CCONJ
ajfa-8318	147	24	selling	selling	NOUN
ajfa-8318	147	25	,	,	PUNCT
ajfa-8318	147	26	general	general	ADJ
ajfa-8318	147	27	and	and	CCONJ
ajfa-8318	147	28	administrative	administrative	ADJ
ajfa-8318	147	29	(	(	PUNCT
ajfa-8318	147	30	sg&a	sg&a	NOUN
ajfa-8318	147	31	)	)	PUNCT
ajfa-8318	147	32	expenses	expense	NOUN
ajfa-8318	147	33	;	;	PUNCT
ajfa-8318	147	34	and	and	CCONJ
ajfa-8318	147	35	salesi	salesi	NOUN
ajfa-8318	147	36	,	,	PUNCT
ajfa-8318	147	37	t-1	t-1	PROPN
ajfa-8318	147	38	is	be	AUX
ajfa-8318	147	39	sales	sale	NOUN
ajfa-8318	147	40	in	in	ADP
ajfa-8318	147	41	the	the	DET
ajfa-8318	147	42	beginning	beginning	NOUN
ajfa-8318	147	43	of	of	ADP
ajfa-8318	147	44	year	year	NOUN
ajfa-8318	147	45	t.	t.	PROPN
ajfa-8318	147	46	finally	finally	ADV
ajfa-8318	147	47	,	,	PUNCT
ajfa-8318	147	48	in	in	ADP
ajfa-8318	147	49	order	order	NOUN
ajfa-8318	147	50	to	to	PART
ajfa-8318	147	51	capture	capture	VERB
ajfa-8318	147	52	the	the	DET
ajfa-8318	147	53	effects	effect	NOUN
ajfa-8318	147	54	of	of	ADP
ajfa-8318	147	55	rem	rem	VERB
ajfa-8318	147	56	through	through	ADP
ajfa-8318	147	57	all	all	DET
ajfa-8318	147	58	these	these	DET
ajfa-8318	147	59	three	three	NUM
ajfa-8318	147	60	variables	variable	NOUN
ajfa-8318	147	61	in	in	ADP
ajfa-8318	147	62	a	a	DET
ajfa-8318	147	63	comprehensive	comprehensive	ADJ
ajfa-8318	147	64	measure	measure	NOUN
ajfa-8318	147	65	,	,	PUNCT
ajfa-8318	147	66	we	we	PRON
ajfa-8318	147	67	compute	compute	VERB
ajfa-8318	147	68	an	an	DET
ajfa-8318	147	69	aggregated	aggregated	ADJ
ajfa-8318	147	70	variable	variable	NOUN
ajfa-8318	147	71	(	(	PUNCT
ajfa-8318	147	72	sum_rem	sum_rem	NUM
ajfa-8318	147	73	)	)	PUNCT
ajfa-8318	147	74	representing	represent	VERB
ajfa-8318	147	75	the	the	DET
ajfa-8318	147	76	sum	sum	NOUN
ajfa-8318	147	77	of	of	ADP
ajfa-8318	147	78	the	the	DET
ajfa-8318	147	79	standardized	standardized	ADJ
ajfa-8318	147	80	variables	variable	NOUN
ajfa-8318	147	81	ab_cfo	ab_cfo	PROPN
ajfa-8318	147	82	,	,	PUNCT
ajfa-8318	147	83	ab_prod	ab_prod	NOUN
ajfa-8318	147	84	,	,	PUNCT
ajfa-8318	147	85	and	and	CCONJ
ajfa-8318	147	86	ab_disexp	ab_disexp	PROPN
ajfa-8318	147	87	.	.	PROPN
ajfa-8318	147	88	and	and	CCONJ
ajfa-8318	147	89	the	the	DET
ajfa-8318	147	90	higher	high	ADJ
ajfa-8318	147	91	value	value	NOUN
ajfa-8318	147	92	of	of	ADP
ajfa-8318	147	93	sum_rem	sum_rem	PROPN
ajfa-8318	147	94	represents	represent	VERB
ajfa-8318	147	95	relatively	relatively	ADV
ajfa-8318	147	96	higher	high	ADJ
ajfa-8318	147	97	level	level	NOUN
ajfa-8318	147	98	of	of	ADP
ajfa-8318	147	99	rem	rem	NOUN
ajfa-8318	147	100	.	.	NOUN
ajfa-8318	147	101	3.2.2	3.2.2	NUM
ajfa-8318	147	102	independent	independent	ADJ
ajfa-8318	147	103	variables	variable	NOUN
ajfa-8318	147	104	as	as	ADP
ajfa-8318	147	105	equation	equation	NOUN
ajfa-8318	147	106	(	(	PUNCT
ajfa-8318	147	107	1	1	X
ajfa-8318	147	108	)	)	PUNCT
ajfa-8318	147	109	is	be	AUX
ajfa-8318	147	110	applied	apply	VERB
ajfa-8318	147	111	to	to	PART
ajfa-8318	147	112	test	test	NOUN
ajfa-8318	147	113	hypothesis	hypothesis	NOUN
ajfa-8318	147	114	one	one	NUM
ajfa-8318	147	115	,	,	PUNCT
ajfa-8318	147	116	we	we	PRON
ajfa-8318	147	117	use	use	VERB
ajfa-8318	147	118	an	an	DET
ajfa-8318	147	119	indicator	indicator	NOUN
ajfa-8318	147	120	variable	variable	NOUN
ajfa-8318	147	121	(	(	PUNCT
ajfa-8318	147	122	suc	suc	PROPN
ajfa-8318	147	123	)	)	PUNCT
ajfa-8318	147	124	to	to	ADP
ajfa-8318	147	125	proxy	proxy	PROPN
ajfa-8318	147	126	ceo	ceo	NOUN
ajfa-8318	147	127	succession	succession	NOUN
ajfa-8318	147	128	.	.	PUNCT
ajfa-8318	148	1	suc	suc	PROPN
ajfa-8318	148	2	equals	equal	VERB
ajfa-8318	148	3	1	1	NUM
ajfa-8318	148	4	if	if	SCONJ
ajfa-8318	148	5	the	the	DET
ajfa-8318	148	6	firm	firm	NOUN
ajfa-8318	148	7	has	have	AUX
ajfa-8318	148	8	experienced	experience	VERB
ajfa-8318	148	9	a	a	DET
ajfa-8318	148	10	ceo	ceo	NOUN
ajfa-8318	148	11	succession	succession	NOUN
ajfa-8318	148	12	in	in	ADP
ajfa-8318	148	13	year	year	NOUN
ajfa-8318	148	14	t	t	PROPN
ajfa-8318	148	15	,	,	PUNCT
ajfa-8318	148	16	and	and	CCONJ
ajfa-8318	148	17	0	0	NUM
ajfa-8318	148	18	otherwise	otherwise	ADV
ajfa-8318	148	19	.	.	PUNCT
ajfa-8318	149	1	according	accord	VERB
ajfa-8318	149	2	to	to	ADP
ajfa-8318	149	3	the	the	DET
ajfa-8318	149	4	inference	inference	NOUN
ajfa-8318	149	5	of	of	ADP
ajfa-8318	149	6	hypothesis	hypothesis	NOUN
ajfa-8318	149	7	one	one	NUM
ajfa-8318	149	8	,	,	PUNCT
ajfa-8318	149	9	we	we	PRON
ajfa-8318	149	10	do	do	AUX
ajfa-8318	149	11	not	not	PART
ajfa-8318	149	12	state	state	VERB
ajfa-8318	149	13	any	any	DET
ajfa-8318	149	14	predicted	predict	VERB
ajfa-8318	149	15	signs	sign	NOUN
ajfa-8318	149	16	with	with	ADP
ajfa-8318	149	17	regard	regard	NOUN
ajfa-8318	149	18	to	to	ADP
ajfa-8318	149	19	the	the	DET
ajfa-8318	149	20	associations	association	NOUN
ajfa-8318	149	21	between	between	ADP
ajfa-8318	149	22	ceo	ceo	NOUN
ajfa-8318	149	23	succession	succession	NOUN
ajfa-8318	149	24	and	and	CCONJ
ajfa-8318	149	25	rem	rem	NOUN
ajfa-8318	149	26	.	.	PROPN
ajfa-8318	150	1	as	as	SCONJ
ajfa-8318	150	2	prior	prior	ADJ
ajfa-8318	150	3	studies	study	NOUN
ajfa-8318	150	4	indicate	indicate	VERB
ajfa-8318	150	5	that	that	SCONJ
ajfa-8318	150	6	a	a	DET
ajfa-8318	150	7	ceo	ceo	NOUN
ajfa-8318	150	8	’s	’s	PART
ajfa-8318	150	9	reputation	reputation	NOUN
ajfa-8318	150	10	is	be	AUX
ajfa-8318	150	11	established	establish	VERB
ajfa-8318	150	12	by	by	ADP
ajfa-8318	150	13	market	market	NOUN
ajfa-8318	150	14	perceptions	perception	NOUN
ajfa-8318	150	15	of	of	ADP
ajfa-8318	150	16	their	their	PRON
ajfa-8318	150	17	abilities	ability	NOUN
ajfa-8318	150	18	(	(	PUNCT
ajfa-8318	150	19	e.g.	e.g.	ADV
ajfa-8318	150	20	holmstrom	holmstrom	PROPN
ajfa-8318	150	21	1999	1999	NUM
ajfa-8318	150	22	;	;	PUNCT
ajfa-8318	150	23	milbourn	milbourn	NOUN
ajfa-8318	150	24	2003	2003	NUM
ajfa-8318	150	25	)	)	PUNCT
ajfa-8318	150	26	,	,	PUNCT
ajfa-8318	150	27	we	we	PRON
ajfa-8318	150	28	assume	assume	VERB
ajfa-8318	150	29	that	that	SCONJ
ajfa-8318	150	30	market	market	NOUN
ajfa-8318	150	31	reaction	reaction	NOUN
ajfa-8318	150	32	to	to	ADP
ajfa-8318	150	33	a	a	DET
ajfa-8318	150	34	ceo	ceo	NOUN
ajfa-8318	150	35	succession	succession	NOUN
ajfa-8318	150	36	reflects	reflect	VERB
ajfa-8318	150	37	investor	investor	NOUN
ajfa-8318	150	38	perception	perception	NOUN
ajfa-8318	150	39	of	of	ADP
ajfa-8318	150	40	the	the	DET
ajfa-8318	150	41	reputation	reputation	NOUN
ajfa-8318	150	42	of	of	ADP
ajfa-8318	150	43	the	the	DET
ajfa-8318	150	44	new	new	ADJ
ajfa-8318	150	45	manager	manager	NOUN
ajfa-8318	150	46	.	.	PUNCT
ajfa-8318	151	1	referring	refer	VERB
ajfa-8318	151	2	to	to	ADP
ajfa-8318	151	3	brown	brown	NOUN
ajfa-8318	151	4	and	and	CCONJ
ajfa-8318	151	5	warner	warner	PROPN
ajfa-8318	151	6	(	(	PUNCT
ajfa-8318	151	7	1980	1980	NUM
ajfa-8318	151	8	)	)	PUNCT
ajfa-8318	151	9	,	,	PUNCT
ajfa-8318	151	10	we	we	PRON
ajfa-8318	151	11	use	use	VERB
ajfa-8318	151	12	the	the	DET
ajfa-8318	151	13	market	market	NOUN
ajfa-8318	151	14	adjusted	adjust	VERB
ajfa-8318	151	15	return	return	NOUN
ajfa-8318	151	16	to	to	PART
ajfa-8318	151	17	measure	measure	VERB
ajfa-8318	151	18	the	the	DET
ajfa-8318	151	19	market	market	NOUN
ajfa-8318	151	20	reaction	reaction	NOUN
ajfa-8318	151	21	by	by	ADP
ajfa-8318	151	22	car	car	NOUN
ajfa-8318	151	23	for	for	ADP
ajfa-8318	151	24	a	a	DET
ajfa-8318	151	25	three	three	NUM
ajfa-8318	151	26	-	-	PUNCT
ajfa-8318	151	27	day	day	NOUN
ajfa-8318	151	28	window	window	NOUN
ajfa-8318	151	29	period	period	NOUN
ajfa-8318	151	30	,	,	PUNCT
ajfa-8318	151	31	starting	start	VERB
ajfa-8318	151	32	one	one	NUM
ajfa-8318	151	33	day	day	NOUN
ajfa-8318	151	34	prior	prior	ADV
ajfa-8318	151	35	to	to	ADP
ajfa-8318	151	36	the	the	DET
ajfa-8318	151	37	succession	succession	NOUN
ajfa-8318	151	38	.	.	PUNCT
ajfa-8318	152	1	the	the	DET
ajfa-8318	152	2	proxy	proxy	NOUN
ajfa-8318	152	3	we	we	PRON
ajfa-8318	152	4	use	use	VERB
ajfa-8318	152	5	is	be	AUX
ajfa-8318	152	6	the	the	DET
ajfa-8318	152	7	simple	simple	ADJ
ajfa-8318	152	8	sum	sum	NOUN
ajfa-8318	152	9	of	of	ADP
ajfa-8318	152	10	the	the	DET
ajfa-8318	152	11	abnormal	abnormal	ADJ
ajfa-8318	152	12	return	return	NOUN
ajfa-8318	152	13	,	,	PUNCT
ajfa-8318	152	14	given	give	VERB
ajfa-8318	152	15	by	by	ADP
ajfa-8318	152	16	the	the	DET
ajfa-8318	152	17	difference	difference	NOUN
ajfa-8318	152	18	between	between	ADP
ajfa-8318	152	19	the	the	DET
ajfa-8318	152	20	firm	firm	NOUN
ajfa-8318	152	21	’s	’s	PART
ajfa-8318	152	22	return	return	NOUN
ajfa-8318	152	23	and	and	CCONJ
ajfa-8318	152	24	that	that	PRON
ajfa-8318	152	25	of	of	ADP
ajfa-8318	152	26	a	a	DET
ajfa-8318	152	27	market	market	NOUN
ajfa-8318	152	28	portfolio	portfolio	NOUN
ajfa-8318	152	29	,	,	PUNCT
ajfa-8318	152	30	over	over	ADP
ajfa-8318	152	31	the	the	DET
ajfa-8318	152	32	three	three	NUM
ajfa-8318	152	33	-	-	PUNCT
ajfa-8318	152	34	day	day	NOUN
ajfa-8318	152	35	window	window	NOUN
ajfa-8318	152	36	(	(	PUNCT
ajfa-8318	152	37	-1,1	-1,1	NOUN
ajfa-8318	152	38	)	)	PUNCT
ajfa-8318	152	39	,	,	PUNCT
ajfa-8318	152	40	since	since	SCONJ
ajfa-8318	152	41	beaver	beaver	PROPN
ajfa-8318	152	42	(	(	PUNCT
ajfa-8318	152	43	1968	1968	NUM
ajfa-8318	152	44	)	)	PUNCT
ajfa-8318	152	45	documents	document	NOUN
ajfa-8318	152	46	that	that	PRON
ajfa-8318	152	47	most	most	ADJ
ajfa-8318	152	48	market	market	NOUN
ajfa-8318	152	49	reactions	reaction	NOUN
ajfa-8318	152	50	occur	occur	VERB
ajfa-8318	152	51	during	during	ADP
ajfa-8318	152	52	this	this	DET
ajfa-8318	152	53	period	period	NOUN
ajfa-8318	152	54	.	.	PUNCT
ajfa-8318	153	1	for	for	ADP
ajfa-8318	153	2	the	the	DET
ajfa-8318	153	3	test	test	NOUN
ajfa-8318	153	4	of	of	ADP
ajfa-8318	153	5	hypothesis	hypothesis	NOUN
ajfa-8318	153	6	two	two	NUM
ajfa-8318	153	7	in	in	ADP
ajfa-8318	153	8	equation	equation	NOUN
ajfa-8318	153	9	(	(	PUNCT
ajfa-8318	153	10	2	2	NUM
ajfa-8318	153	11	)	)	PUNCT
ajfa-8318	153	12	,	,	PUNCT
ajfa-8318	153	13	we	we	PRON
ajfa-8318	153	14	predict	predict	VERB
ajfa-8318	153	15	that	that	SCONJ
ajfa-8318	153	16	the	the	DET
ajfa-8318	153	17	market	market	NOUN
ajfa-8318	153	18	reaction	reaction	NOUN
ajfa-8318	153	19	to	to	ADP
ajfa-8318	153	20	the	the	DET
ajfa-8318	153	21	succession	succession	NOUN
ajfa-8318	153	22	is	be	AUX
ajfa-8318	153	23	an	an	DET
ajfa-8318	153	24	explanatory	explanatory	ADJ
ajfa-8318	153	25	variable	variable	NOUN
ajfa-8318	153	26	that	that	PRON
ajfa-8318	153	27	will	will	AUX
ajfa-8318	153	28	negatively	negatively	ADV
ajfa-8318	153	29	affect	affect	VERB
ajfa-8318	153	30	the	the	DET
ajfa-8318	153	31	level	level	NOUN
ajfa-8318	153	32	of	of	ADP
ajfa-8318	153	33	rem	rem	X
ajfa-8318	153	34	(	(	PUNCT
ajfa-8318	153	35	γ1<0	γ1<0	PROPN
ajfa-8318	153	36	)	)	PUNCT
ajfa-8318	153	37	.	.	PUNCT
ajfa-8318	154	1	that	that	PRON
ajfa-8318	154	2	is	be	AUX
ajfa-8318	154	3	,	,	PUNCT
ajfa-8318	154	4	the	the	DET
ajfa-8318	154	5	more	more	ADJ
ajfa-8318	154	6	market	market	NOUN
ajfa-8318	154	7	pressure	pressure	NOUN
ajfa-8318	154	8	(	(	PUNCT
ajfa-8318	154	9	negative	negative	ADJ
ajfa-8318	154	10	market	market	NOUN
ajfa-8318	154	11	reaction	reaction	NOUN
ajfa-8318	154	12	)	)	PUNCT
ajfa-8318	154	13	the	the	DET
ajfa-8318	154	14	new	new	ADJ
ajfa-8318	154	15	ceo	ceo	NOUN
ajfa-8318	154	16	suffers	suffer	VERB
ajfa-8318	154	17	,	,	PUNCT
ajfa-8318	154	18	the	the	DET
ajfa-8318	154	19	grater	grater	NOUN
ajfa-8318	154	20	the	the	DET
ajfa-8318	154	21	incentive	incentive	NOUN
ajfa-8318	154	22	to	to	PART
ajfa-8318	154	23	carry	carry	VERB
ajfa-8318	154	24	out	out	ADP
ajfa-8318	154	25	rem	rem	NOUN
ajfa-8318	154	26	.	.	PUNCT
ajfa-8318	154	27	furthermore	furthermore	ADV
ajfa-8318	154	28	,	,	PUNCT
ajfa-8318	154	29	we	we	PRON
ajfa-8318	154	30	divide	divide	VERB
ajfa-8318	154	31	the	the	DET
ajfa-8318	154	32	cars	car	NOUN
ajfa-8318	154	33	into	into	ADP
ajfa-8318	154	34	two	two	NUM
ajfa-8318	154	35	groups	group	NOUN
ajfa-8318	154	36	,	,	PUNCT
ajfa-8318	154	37	positive	positive	ADJ
ajfa-8318	154	38	and	and	CCONJ
ajfa-8318	154	39	negative	negative	ADJ
ajfa-8318	154	40	,	,	PUNCT
ajfa-8318	154	41	and	and	CCONJ
ajfa-8318	154	42	then	then	ADV
ajfa-8318	154	43	we	we	PRON
ajfa-8318	154	44	apply	apply	VERB
ajfa-8318	154	45	the	the	DET
ajfa-8318	154	46	wald	wald	PROPN
ajfa-8318	154	47	coefficient	coefficient	PROPN
ajfa-8318	154	48	test	test	NOUN
ajfa-8318	154	49	to	to	PART
ajfa-8318	154	50	examine	examine	VERB
ajfa-8318	154	51	the	the	DET
ajfa-8318	154	52	differences	difference	NOUN
ajfa-8318	154	53	between	between	ADP
ajfa-8318	154	54	these	these	PRON
ajfa-8318	154	55	.	.	PUNCT
ajfa-8318	155	1	when	when	SCONJ
ajfa-8318	155	2	we	we	PRON
ajfa-8318	155	3	estimate	estimate	VERB
ajfa-8318	155	4	equation	equation	NOUN
ajfa-8318	155	5	(	(	PUNCT
ajfa-8318	155	6	2	2	X
ajfa-8318	155	7	)	)	PUNCT
ajfa-8318	155	8	using	use	VERB
ajfa-8318	155	9	these	these	DET
ajfa-8318	155	10	two	two	NUM
ajfa-8318	155	11	groups	group	NOUN
ajfa-8318	155	12	of	of	ADP
ajfa-8318	155	13	cars	car	NOUN
ajfa-8318	155	14	,	,	PUNCT
ajfa-8318	155	15	we	we	PRON
ajfa-8318	155	16	use	use	VERB
ajfa-8318	155	17	the	the	DET
ajfa-8318	155	18	absolute	absolute	ADJ
ajfa-8318	155	19	value	value	NOUN
ajfa-8318	155	20	of	of	ADP
ajfa-8318	155	21	cars	car	NOUN
ajfa-8318	155	22	(	(	PUNCT
ajfa-8318	155	23	car	car	NOUN
ajfa-8318	155	24	*	*	PUNCT
ajfa-8318	155	25	)	)	PUNCT
ajfa-8318	155	26	to	to	PART
ajfa-8318	155	27	integrate	integrate	VERB
ajfa-8318	155	28	the	the	DET
ajfa-8318	155	29	predicted	predict	VERB
ajfa-8318	155	30	direction	direction	NOUN
ajfa-8318	155	31	,	,	PUNCT
ajfa-8318	155	32	and	and	CCONJ
ajfa-8318	155	33	thus	thus	ADV
ajfa-8318	155	34	a	a	DET
ajfa-8318	155	35	positive	positive	ADJ
ajfa-8318	155	36	relation	relation	NOUN
ajfa-8318	155	37	between	between	ADP
ajfa-8318	155	38	absolute	absolute	ADJ
ajfa-8318	155	39	value	value	NOUN
ajfa-8318	155	40	of	of	ADP
ajfa-8318	155	41	cars	car	NOUN
ajfa-8318	155	42	and	and	CCONJ
ajfa-8318	155	43	rem	rem	NOUN
ajfa-8318	155	44	is	be	AUX
ajfa-8318	155	45	predicted	predict	VERB
ajfa-8318	155	46	,	,	PUNCT
ajfa-8318	155	47	specifically	specifically	ADV
ajfa-8318	155	48	in	in	ADP
ajfa-8318	155	49	the	the	DET
ajfa-8318	155	50	negative	negative	ADJ
ajfa-8318	155	51	cars	car	NOUN
ajfa-8318	155	52	group	group	NOUN
ajfa-8318	155	53	.	.	PUNCT
ajfa-8318	156	1	if	if	SCONJ
ajfa-8318	156	2	the	the	DET
ajfa-8318	156	3	coefficient	coefficient	NOUN
ajfa-8318	156	4	of	of	ADP
ajfa-8318	156	5	car	car	NOUN
ajfa-8318	156	6	in	in	ADP
ajfa-8318	156	7	the	the	DET
ajfa-8318	156	8	group	group	NOUN
ajfa-8318	156	9	with	with	ADP
ajfa-8318	156	10	negative	negative	ADJ
ajfa-8318	156	11	cars	car	NOUN
ajfa-8318	156	12	(	(	PUNCT
ajfa-8318	156	13	car<0	car<0	NOUN
ajfa-8318	156	14	)	)	PUNCT
ajfa-8318	156	15	is	be	AUX
ajfa-8318	156	16	significantly	significantly	ADV
ajfa-8318	156	17	greater	great	ADJ
ajfa-8318	156	18	than	than	ADP
ajfa-8318	156	19	that	that	PRON
ajfa-8318	156	20	in	in	ADP
ajfa-8318	156	21	the	the	DET
ajfa-8318	156	22	group	group	NOUN
ajfa-8318	156	23	with	with	ADP
ajfa-8318	156	24	positive	positive	ADJ
ajfa-8318	156	25	cars	car	NOUN
ajfa-8318	156	26	(	(	PUNCT
ajfa-8318	156	27	car>0	car>0	PROPN
ajfa-8318	156	28	)	)	PUNCT
ajfa-8318	156	29	,	,	PUNCT
ajfa-8318	156	30	then	then	ADV
ajfa-8318	156	31	hypothesis	hypothesis	NOUN
ajfa-8318	156	32	two	two	NUM
ajfa-8318	156	33	is	be	AUX
ajfa-8318	156	34	supported	support	VERB
ajfa-8318	156	35	.	.	PUNCT
ajfa-8318	157	1	3.2.3	3.2.3	NUM
ajfa-8318	157	2	control	control	NOUN
ajfa-8318	157	3	variables	variable	NOUN
ajfa-8318	157	4	as	as	ADP
ajfa-8318	157	5	prior	prior	ADJ
ajfa-8318	157	6	studies	study	NOUN
ajfa-8318	157	7	have	have	AUX
ajfa-8318	157	8	demonstrated	demonstrate	VERB
ajfa-8318	157	9	that	that	SCONJ
ajfa-8318	157	10	firms	firm	NOUN
ajfa-8318	157	11	generally	generally	ADV
ajfa-8318	157	12	manipulate	manipulate	VERB
ajfa-8318	157	13	earnings	earning	NOUN
ajfa-8318	157	14	using	use	VERB
ajfa-8318	157	15	rem	rem	NOUN
ajfa-8318	157	16	and	and	CCONJ
ajfa-8318	157	17	aem	aem	PROPN
ajfa-8318	157	18	simultaneously	simultaneously	ADV
ajfa-8318	157	19	(	(	PUNCT
ajfa-8318	157	20	roychowdhury	roychowdhury	NOUN
ajfa-8318	157	21	2006	2006	NUM
ajfa-8318	157	22	;	;	PUNCT
ajfa-8318	157	23	cohen	cohen	PROPN
ajfa-8318	157	24	and	and	CCONJ
ajfa-8318	157	25	zarowin	zarowin	PROPN
ajfa-8318	157	26	2010	2010	NUM
ajfa-8318	157	27	;	;	PUNCT
ajfa-8318	157	28	gunny	gunny	NOUN
ajfa-8318	157	29	2010	2010	NUM
ajfa-8318	157	30	;	;	PUNCT
ajfa-8318	157	31	zang	zang	PROPN
ajfa-8318	157	32	2012	2012	NUM
ajfa-8318	157	33	)	)	PUNCT
ajfa-8318	157	34	,	,	PUNCT
ajfa-8318	157	35	we	we	PRON
ajfa-8318	157	36	incorporate	incorporate	VERB
ajfa-8318	157	37	discretionary	discretionary	ADJ
ajfa-8318	157	38	accruals	accrual	NOUN
ajfa-8318	157	39	(	(	PUNCT
ajfa-8318	157	40	da	da	NOUN
ajfa-8318	157	41	)	)	PUNCT
ajfa-8318	157	42	to	to	PART
ajfa-8318	157	43	represent	represent	VERB
ajfa-8318	157	44	aem	aem	PROPN
ajfa-8318	157	45	in	in	ADP
ajfa-8318	157	46	the	the	DET
ajfa-8318	157	47	regression	regression	NOUN
ajfa-8318	157	48	and	and	CCONJ
ajfa-8318	157	49	predict	predict	VERB
ajfa-8318	157	50	a	a	DET
ajfa-8318	157	51	positive	positive	ADJ
ajfa-8318	157	52	relation	relation	NOUN
ajfa-8318	157	53	between	between	ADP
ajfa-8318	157	54	rem	rem	PROPN
ajfa-8318	157	55	and	and	CCONJ
ajfa-8318	157	56	aem	aem	PROPN
ajfa-8318	157	57	.	.	PROPN
ajfa-8318	157	58	to	to	PART
ajfa-8318	157	59	estimate	estimate	VERB
ajfa-8318	157	60	aem	aem	PROPN
ajfa-8318	157	61	,	,	PUNCT
ajfa-8318	157	62	a	a	DET
ajfa-8318	157	63	performance	performance	NOUN
ajfa-8318	157	64	-	-	PUNCT
ajfa-8318	157	65	matched	match	VERB
ajfa-8318	157	66	modified	modify	VERB
ajfa-8318	157	67	-	-	PUNCT
ajfa-8318	157	68	jones	jones	NOUN
ajfa-8318	157	69	model	model	NOUN
ajfa-8318	157	70	(	(	PUNCT
ajfa-8318	157	71	1991	1991	NUM
ajfa-8318	157	72	)	)	PUNCT
ajfa-8318	157	73	is	be	AUX
ajfa-8318	157	74	applied	apply	VERB
ajfa-8318	157	75	and	and	CCONJ
ajfa-8318	157	76	roa	roa	NOUN
ajfa-8318	157	77	is	be	AUX
ajfa-8318	157	78	also	also	ADV
ajfa-8318	157	79	included	include	VERB
ajfa-8318	157	80	as	as	SCONJ
ajfa-8318	157	81	the	the	DET
ajfa-8318	157	82	application	application	NOUN
ajfa-8318	157	83	of	of	ADP
ajfa-8318	157	84	accruals	accrual	NOUN
ajfa-8318	157	85	to	to	PART
ajfa-8318	157	86	manage	manage	VERB
ajfa-8318	157	87	earnings	earning	NOUN
ajfa-8318	157	88	is	be	AUX
ajfa-8318	157	89	affected	affect	VERB
ajfa-8318	157	90	by	by	ADP
ajfa-8318	157	91	firm	firm	ADJ
ajfa-8318	157	92	performance	performance	NOUN
ajfa-8318	157	93	(	(	PUNCT
ajfa-8318	157	94	kothari	kothari	PROPN
ajfa-8318	157	95	et	et	PROPN
ajfa-8318	157	96	al	al	PROPN
ajfa-8318	157	97	2005	2005	NUM
ajfa-8318	157	98	)	)	PUNCT
ajfa-8318	157	99	asian	asian	ADJ
ajfa-8318	157	100	journal	journal	NOUN
ajfa-8318	157	101	of	of	ADP
ajfa-8318	157	102	finance	finance	PROPN
ajfa-8318	157	103	&	&	CCONJ
ajfa-8318	157	104	accounting	accounting	PROPN
ajfa-8318	157	105	issn	issn	PROPN
ajfa-8318	157	106	1946	1946	NUM
ajfa-8318	157	107	-	-	PUNCT
ajfa-8318	157	108	052x	052x	NOUN
ajfa-8318	157	109	2015	2015	NUM
ajfa-8318	157	110	,	,	PUNCT
ajfa-8318	157	111	vol	vol	NOUN
ajfa-8318	157	112	.	.	PROPN
ajfa-8318	157	113	7	7	NUM
ajfa-8318	157	114	,	,	PUNCT
ajfa-8318	157	115	no	no	INTJ
ajfa-8318	157	116	.	.	NOUN
ajfa-8318	157	117	2	2	NUM
ajfa-8318	157	118	128	128	NUM
ajfa-8318	157	119	because	because	SCONJ
ajfa-8318	157	120	of	of	ADP
ajfa-8318	157	121	the	the	DET
ajfa-8318	157	122	systematic	systematic	ADJ
ajfa-8318	157	123	variations	variation	NOUN
ajfa-8318	157	124	in	in	ADP
ajfa-8318	157	125	growth	growth	NOUN
ajfa-8318	157	126	opportunities	opportunity	NOUN
ajfa-8318	157	127	and	and	CCONJ
ajfa-8318	157	128	size	size	NOUN
ajfa-8318	157	129	effects	effect	NOUN
ajfa-8318	157	130	on	on	ADP
ajfa-8318	157	131	rem	rem	PROPN
ajfa-8318	157	132	(	(	PUNCT
ajfa-8318	157	133	roychowdhury	roychowdhury	NOUN
ajfa-8318	157	134	2006	2006	NUM
ajfa-8318	157	135	)	)	PUNCT
ajfa-8318	157	136	,	,	PUNCT
ajfa-8318	157	137	both	both	PRON
ajfa-8318	157	138	market	market	NOUN
ajfa-8318	157	139	-	-	PUNCT
ajfa-8318	157	140	to	to	ADP
ajfa-8318	157	141	-	-	PUNCT
ajfa-8318	157	142	book	book	NOUN
ajfa-8318	157	143	value	value	NOUN
ajfa-8318	157	144	ratio	ratio	NOUN
ajfa-8318	157	145	(	(	PUNCT
ajfa-8318	157	146	mb	mb	NOUN
ajfa-8318	157	147	)	)	PUNCT
ajfa-8318	157	148	and	and	CCONJ
ajfa-8318	157	149	firm	firm	ADJ
ajfa-8318	157	150	size	size	NOUN
ajfa-8318	157	151	(	(	PUNCT
ajfa-8318	157	152	lnat	lnat	NOUN
ajfa-8318	157	153	)	)	PUNCT
ajfa-8318	157	154	estimated	estimate	VERB
ajfa-8318	157	155	by	by	ADP
ajfa-8318	157	156	the	the	DET
ajfa-8318	157	157	logarithm	logarithm	NOUN
ajfa-8318	157	158	of	of	ADP
ajfa-8318	157	159	total	total	ADJ
ajfa-8318	157	160	assets	asset	NOUN
ajfa-8318	157	161	at	at	ADP
ajfa-8318	157	162	the	the	DET
ajfa-8318	157	163	beginning	beginning	NOUN
ajfa-8318	157	164	of	of	ADP
ajfa-8318	157	165	the	the	DET
ajfa-8318	157	166	year	year	NOUN
ajfa-8318	157	167	are	be	AUX
ajfa-8318	157	168	included	include	VERB
ajfa-8318	157	169	in	in	ADP
ajfa-8318	157	170	the	the	DET
ajfa-8318	157	171	model	model	NOUN
ajfa-8318	157	172	.	.	PUNCT
ajfa-8318	158	1	in	in	ADP
ajfa-8318	158	2	addition	addition	NOUN
ajfa-8318	158	3	,	,	PUNCT
ajfa-8318	158	4	roa	roa	PROPN
ajfa-8318	158	5	,	,	PUNCT
ajfa-8318	158	6	measured	measure	VERB
ajfa-8318	158	7	as	as	ADP
ajfa-8318	158	8	income	income	NOUN
ajfa-8318	158	9	before	before	ADP
ajfa-8318	158	10	extraordinary	extraordinary	ADJ
ajfa-8318	158	11	items	item	NOUN
ajfa-8318	158	12	scaled	scale	VERB
ajfa-8318	158	13	by	by	ADP
ajfa-8318	158	14	lagged	lag	VERB
ajfa-8318	158	15	total	total	ADJ
ajfa-8318	158	16	assets	asset	NOUN
ajfa-8318	158	17	,	,	PUNCT
ajfa-8318	158	18	is	be	AUX
ajfa-8318	158	19	also	also	ADV
ajfa-8318	158	20	controlled	control	VERB
ajfa-8318	158	21	in	in	ADP
ajfa-8318	158	22	our	our	PRON
ajfa-8318	158	23	regression	regression	NOUN
ajfa-8318	158	24	(	(	PUNCT
ajfa-8318	158	25	e.g.	e.g.	ADV
ajfa-8318	158	26	roychowdhury	roychowdhury	NOUN
ajfa-8318	158	27	2006	2006	NUM
ajfa-8318	158	28	;	;	PUNCT
ajfa-8318	158	29	gunny	gunny	NOUN
ajfa-8318	158	30	2010	2010	NUM
ajfa-8318	158	31	;	;	PUNCT
ajfa-8318	158	32	zang	zang	PROPN
ajfa-8318	158	33	2012	2012	NUM
ajfa-8318	158	34	)	)	PUNCT
ajfa-8318	158	35	.	.	PUNCT
ajfa-8318	159	1	we	we	PRON
ajfa-8318	159	2	do	do	AUX
ajfa-8318	159	3	not	not	PART
ajfa-8318	159	4	predict	predict	VERB
ajfa-8318	159	5	signs	sign	NOUN
ajfa-8318	159	6	on	on	ADP
ajfa-8318	159	7	the	the	DET
ajfa-8318	159	8	associations	association	NOUN
ajfa-8318	159	9	between	between	ADP
ajfa-8318	159	10	these	these	DET
ajfa-8318	159	11	three	three	NUM
ajfa-8318	159	12	variables	variable	NOUN
ajfa-8318	159	13	and	and	CCONJ
ajfa-8318	159	14	rem	rem	VERB
ajfa-8318	159	15	,	,	PUNCT
ajfa-8318	159	16	as	as	ADP
ajfa-8318	159	17	in	in	ADP
ajfa-8318	159	18	roychowdhury	roychowdhury	NOUN
ajfa-8318	159	19	(	(	PUNCT
ajfa-8318	159	20	2006	2006	NUM
ajfa-8318	159	21	)	)	PUNCT
ajfa-8318	159	22	.	.	PUNCT
ajfa-8318	160	1	we	we	PRON
ajfa-8318	160	2	also	also	ADV
ajfa-8318	160	3	control	control	VERB
ajfa-8318	160	4	for	for	ADP
ajfa-8318	160	5	the	the	DET
ajfa-8318	160	6	leverage	leverage	NOUN
ajfa-8318	160	7	(	(	PUNCT
ajfa-8318	160	8	lev	lev	NOUN
ajfa-8318	160	9	)	)	PUNCT
ajfa-8318	160	10	since	since	SCONJ
ajfa-8318	160	11	a	a	DET
ajfa-8318	160	12	high	high	ADJ
ajfa-8318	160	13	ratio	ratio	NOUN
ajfa-8318	160	14	of	of	ADP
ajfa-8318	160	15	debt	debt	NOUN
ajfa-8318	160	16	to	to	ADP
ajfa-8318	160	17	equity	equity	NOUN
ajfa-8318	160	18	generally	generally	ADV
ajfa-8318	160	19	implied	imply	VERB
ajfa-8318	160	20	earnings	earning	NOUN
ajfa-8318	160	21	manipulation	manipulation	NOUN
ajfa-8318	160	22	(	(	PUNCT
ajfa-8318	160	23	watt	watt	NOUN
ajfa-8318	160	24	and	and	CCONJ
ajfa-8318	160	25	zimmerman	zimmerman	NOUN
ajfa-8318	160	26	1986	1986	NUM
ajfa-8318	160	27	)	)	PUNCT
ajfa-8318	160	28	.	.	PUNCT
ajfa-8318	161	1	lev	lev	NOUN
ajfa-8318	161	2	is	be	AUX
ajfa-8318	161	3	the	the	DET
ajfa-8318	161	4	ratio	ratio	NOUN
ajfa-8318	161	5	of	of	ADP
ajfa-8318	161	6	total	total	ADJ
ajfa-8318	161	7	liabilities	liability	NOUN
ajfa-8318	161	8	to	to	PART
ajfa-8318	161	9	total	total	ADJ
ajfa-8318	161	10	assets	asset	NOUN
ajfa-8318	161	11	.	.	PUNCT
ajfa-8318	162	1	finally	finally	ADV
ajfa-8318	162	2	,	,	PUNCT
ajfa-8318	162	3	big4	big4	PROPN
ajfa-8318	162	4	is	be	AUX
ajfa-8318	162	5	a	a	DET
ajfa-8318	162	6	dummy	dummy	ADJ
ajfa-8318	162	7	variable	variable	NOUN
ajfa-8318	162	8	that	that	PRON
ajfa-8318	162	9	equals	equal	VERB
ajfa-8318	162	10	1	1	NUM
ajfa-8318	162	11	if	if	SCONJ
ajfa-8318	162	12	the	the	DET
ajfa-8318	162	13	firm	firm	NOUN
ajfa-8318	162	14	engaged	engage	VERB
ajfa-8318	162	15	one	one	NUM
ajfa-8318	162	16	of	of	ADP
ajfa-8318	162	17	the	the	DET
ajfa-8318	162	18	largest	large	ADJ
ajfa-8318	162	19	four	four	NUM
ajfa-8318	162	20	audit	audit	NOUN
ajfa-8318	162	21	firms	firm	NOUN
ajfa-8318	162	22	,	,	PUNCT
ajfa-8318	162	23	and	and	CCONJ
ajfa-8318	162	24	0	0	NUM
ajfa-8318	162	25	otherwise	otherwise	ADV
ajfa-8318	162	26	.	.	PUNCT
ajfa-8318	163	1	firms	firm	NOUN
ajfa-8318	163	2	audited	audit	VERB
ajfa-8318	163	3	by	by	ADP
ajfa-8318	163	4	big	big	ADJ
ajfa-8318	163	5	four	four	NUM
ajfa-8318	163	6	auditors	auditor	NOUN
ajfa-8318	163	7	may	may	AUX
ajfa-8318	163	8	choose	choose	VERB
ajfa-8318	163	9	rem	rem	PUNCT
ajfa-8318	163	10	instead	instead	ADV
ajfa-8318	163	11	of	of	ADP
ajfa-8318	163	12	aem	aem	NOUN
ajfa-8318	163	13	when	when	SCONJ
ajfa-8318	163	14	managing	manage	VERB
ajfa-8318	163	15	earnings	earning	NOUN
ajfa-8318	163	16	,	,	PUNCT
ajfa-8318	163	17	since	since	SCONJ
ajfa-8318	163	18	after	after	ADP
ajfa-8318	163	19	sox	sox	PROPN
ajfa-8318	163	20	,	,	PUNCT
ajfa-8318	163	21	aem	aem	PROPN
ajfa-8318	163	22	is	be	AUX
ajfa-8318	163	23	easier	easy	ADJ
ajfa-8318	163	24	to	to	PART
ajfa-8318	163	25	detect	detect	VERB
ajfa-8318	163	26	and	and	CCONJ
ajfa-8318	163	27	relatively	relatively	ADV
ajfa-8318	163	28	costly	costly	ADJ
ajfa-8318	163	29	than	than	ADP
ajfa-8318	163	30	rem	rem	X
ajfa-8318	163	31	(	(	PUNCT
ajfa-8318	163	32	chi	chi	NOUN
ajfa-8318	163	33	et	et	PROPN
ajfa-8318	163	34	al	al	PROPN
ajfa-8318	163	35	.	.	PROPN
ajfa-8318	163	36	2011	2011	NUM
ajfa-8318	163	37	;	;	PUNCT
ajfa-8318	163	38	zang	zang	PROPN
ajfa-8318	163	39	2012	2012	NUM
ajfa-8318	163	40	)	)	PUNCT
ajfa-8318	163	41	.	.	PUNCT
ajfa-8318	164	1	firms	firm	NOUN
ajfa-8318	164	2	in	in	ADP
ajfa-8318	164	3	high	high	ADJ
ajfa-8318	164	4	litigation	litigation	NOUN
ajfa-8318	164	5	risk	risk	NOUN
ajfa-8318	164	6	industries	industry	NOUN
ajfa-8318	164	7	(	(	PUNCT
ajfa-8318	164	8	litigation	litigation	NOUN
ajfa-8318	164	9	)	)	PUNCT
ajfa-8318	164	10	are	be	AUX
ajfa-8318	164	11	also	also	ADV
ajfa-8318	164	12	more	more	ADV
ajfa-8318	164	13	likely	likely	ADJ
ajfa-8318	164	14	to	to	PART
ajfa-8318	164	15	be	be	AUX
ajfa-8318	164	16	noticed	notice	VERB
ajfa-8318	164	17	and	and	CCONJ
ajfa-8318	164	18	detected	detect	VERB
ajfa-8318	164	19	by	by	ADP
ajfa-8318	164	20	the	the	DET
ajfa-8318	164	21	public	public	NOUN
ajfa-8318	164	22	and	and	CCONJ
ajfa-8318	164	23	regulators	regulator	NOUN
ajfa-8318	164	24	if	if	SCONJ
ajfa-8318	164	25	manage	manage	VERB
ajfa-8318	164	26	earnings	earning	NOUN
ajfa-8318	164	27	through	through	ADP
ajfa-8318	164	28	aem	aem	PROPN
ajfa-8318	164	29	(	(	PUNCT
ajfa-8318	164	30	cohen	cohen	PROPN
ajfa-8318	164	31	and	and	CCONJ
ajfa-8318	164	32	zarowin	zarowin	PROPN
ajfa-8318	164	33	2010	2010	NUM
ajfa-8318	164	34	;	;	PUNCT
ajfa-8318	164	35	zang	zang	PROPN
ajfa-8318	164	36	2012	2012	NUM
ajfa-8318	164	37	)	)	PUNCT
ajfa-8318	164	38	.	.	PUNCT
ajfa-8318	165	1	litigation	litigation	NOUN
ajfa-8318	165	2	is	be	AUX
ajfa-8318	165	3	a	a	DET
ajfa-8318	165	4	dummy	dummy	ADJ
ajfa-8318	165	5	variable	variable	NOUN
ajfa-8318	165	6	that	that	PRON
ajfa-8318	165	7	equals	equal	VERB
ajfa-8318	165	8	1	1	NUM
ajfa-8318	165	9	if	if	SCONJ
ajfa-8318	165	10	the	the	DET
ajfa-8318	165	11	firm	firm	NOUN
ajfa-8318	165	12	is	be	AUX
ajfa-8318	165	13	in	in	ADP
ajfa-8318	165	14	sic	sic	ADJ
ajfa-8318	165	15	codes	code	NOUN
ajfa-8318	165	16	2833	2833	NUM
ajfa-8318	165	17	-	-	SYM
ajfa-8318	165	18	2836	2836	NUM
ajfa-8318	165	19	,	,	PUNCT
ajfa-8318	165	20	3570	3570	NUM
ajfa-8318	165	21	-	-	SYM
ajfa-8318	165	22	3577	3577	NUM
ajfa-8318	165	23	,	,	PUNCT
ajfa-8318	165	24	3600	3600	NUM
ajfa-8318	165	25	-	-	SYM
ajfa-8318	165	26	3674	3674	NUM
ajfa-8318	165	27	,	,	PUNCT
ajfa-8318	165	28	7371	7371	NUM
ajfa-8318	165	29	-	-	SYM
ajfa-8318	165	30	7379	7379	NUM
ajfa-8318	165	31	,	,	PUNCT
ajfa-8318	165	32	and	and	CCONJ
ajfa-8318	165	33	8731	8731	NUM
ajfa-8318	165	34	-	-	SYM
ajfa-8318	165	35	8734	8734	NUM
ajfa-8318	165	36	,	,	PUNCT
ajfa-8318	165	37	and	and	CCONJ
ajfa-8318	165	38	0	0	NUM
ajfa-8318	165	39	otherwise	otherwise	ADV
ajfa-8318	165	40	.	.	PUNCT
ajfa-8318	166	1	3.3	3.3	NUM
ajfa-8318	166	2	data	datum	NOUN
ajfa-8318	166	3	and	and	CCONJ
ajfa-8318	166	4	sample	sample	NOUN
ajfa-8318	166	5	selection	selection	NOUN
ajfa-8318	166	6	we	we	PRON
ajfa-8318	166	7	collect	collect	VERB
ajfa-8318	166	8	the	the	DET
ajfa-8318	166	9	ceo	ceo	NOUN
ajfa-8318	166	10	changes	change	NOUN
ajfa-8318	166	11	,	,	PUNCT
ajfa-8318	166	12	financial	financial	ADJ
ajfa-8318	166	13	and	and	CCONJ
ajfa-8318	166	14	stock	stock	NOUN
ajfa-8318	166	15	price	price	NOUN
ajfa-8318	166	16	related	relate	VERB
ajfa-8318	166	17	data	datum	NOUN
ajfa-8318	166	18	from	from	ADP
ajfa-8318	166	19	the	the	DET
ajfa-8318	166	20	execucomp	execucomp	NOUN
ajfa-8318	166	21	,	,	PUNCT
ajfa-8318	166	22	compustat	compustat	NOUN
ajfa-8318	166	23	,	,	PUNCT
ajfa-8318	166	24	and	and	CCONJ
ajfa-8318	166	25	crsp	crsp	NOUN
ajfa-8318	166	26	databases	database	NOUN
ajfa-8318	166	27	,	,	PUNCT
ajfa-8318	166	28	respectively	respectively	ADV
ajfa-8318	166	29	.	.	PUNCT
ajfa-8318	167	1	the	the	DET
ajfa-8318	167	2	initial	initial	ADJ
ajfa-8318	167	3	sample	sample	NOUN
ajfa-8318	167	4	from	from	ADP
ajfa-8318	167	5	execucomp	execucomp	NOUN
ajfa-8318	167	6	with	with	ADP
ajfa-8318	167	7	ceo	ceo	NOUN
ajfa-8318	167	8	changes	change	NOUN
ajfa-8318	167	9	is	be	AUX
ajfa-8318	167	10	2,418	2,418	NUM
ajfa-8318	167	11	firm	firm	ADJ
ajfa-8318	167	12	-	-	PUNCT
ajfa-8318	167	13	years	year	NOUN
ajfa-8318	167	14	for	for	ADP
ajfa-8318	167	15	the	the	DET
ajfa-8318	167	16	period	period	NOUN
ajfa-8318	167	17	of	of	ADP
ajfa-8318	167	18	2003	2003	NUM
ajfa-8318	167	19	to	to	ADP
ajfa-8318	167	20	2012	2012	NUM
ajfa-8318	167	21	.	.	PUNCT
ajfa-8318	168	1	the	the	DET
ajfa-8318	168	2	sampling	sample	VERB
ajfa-8318	168	3	period	period	NOUN
ajfa-8318	168	4	starts	start	VERB
ajfa-8318	168	5	in	in	ADP
ajfa-8318	168	6	2003	2003	NUM
ajfa-8318	168	7	to	to	PART
ajfa-8318	168	8	avoid	avoid	VERB
ajfa-8318	168	9	the	the	DET
ajfa-8318	168	10	influence	influence	NOUN
ajfa-8318	168	11	of	of	ADP
ajfa-8318	168	12	sox	sox	PROPN
ajfa-8318	168	13	,	,	PUNCT
ajfa-8318	168	14	based	base	VERB
ajfa-8318	168	15	on	on	ADP
ajfa-8318	168	16	cohen	cohen	PROPN
ajfa-8318	168	17	et	et	PROPN
ajfa-8318	168	18	al	al	PROPN
ajfa-8318	168	19	.	.	PROPN
ajfa-8318	169	1	(	(	PUNCT
ajfa-8318	169	2	2008	2008	NUM
ajfa-8318	169	3	)	)	PUNCT
ajfa-8318	169	4	,	,	PUNCT
ajfa-8318	169	5	who	who	PRON
ajfa-8318	169	6	suggest	suggest	VERB
ajfa-8318	169	7	that	that	SCONJ
ajfa-8318	169	8	firms	firm	NOUN
ajfa-8318	169	9	have	have	AUX
ajfa-8318	169	10	engaged	engage	VERB
ajfa-8318	169	11	in	in	ADP
ajfa-8318	169	12	more	more	ADJ
ajfa-8318	169	13	rem	rem	VERB
ajfa-8318	169	14	after	after	ADP
ajfa-8318	169	15	sox	sox	PROPN
ajfa-8318	169	16	.	.	PUNCT
ajfa-8318	170	1	we	we	PRON
ajfa-8318	170	2	exclude	exclude	VERB
ajfa-8318	170	3	financial	financial	ADJ
ajfa-8318	170	4	firms	firm	NOUN
ajfa-8318	170	5	(	(	PUNCT
ajfa-8318	170	6	sic	sic	ADJ
ajfa-8318	170	7	codes	code	NOUN
ajfa-8318	170	8	6000	6000	NUM
ajfa-8318	170	9	to	to	ADP
ajfa-8318	170	10	6500	6500	NUM
ajfa-8318	170	11	)	)	PUNCT
ajfa-8318	170	12	,	,	PUNCT
ajfa-8318	170	13	firms	firm	NOUN
ajfa-8318	170	14	in	in	ADP
ajfa-8318	170	15	regulated	regulated	ADJ
ajfa-8318	170	16	industries	industry	NOUN
ajfa-8318	170	17	(	(	PUNCT
ajfa-8318	170	18	sic	sic	ADJ
ajfa-8318	170	19	does	do	VERB
ajfa-8318	170	20	4400	4400	NUM
ajfa-8318	170	21	to	to	ADP
ajfa-8318	170	22	5000	5000	NUM
ajfa-8318	170	23	)	)	PUNCT
ajfa-8318	170	24	,	,	PUNCT
ajfa-8318	170	25	and	and	CCONJ
ajfa-8318	170	26	public	public	ADJ
ajfa-8318	170	27	administration	administration	NOUN
ajfa-8318	170	28	and	and	CCONJ
ajfa-8318	170	29	other	other	ADJ
ajfa-8318	170	30	firms	firm	NOUN
ajfa-8318	170	31	(	(	PUNCT
ajfa-8318	170	32	sic	sic	ADJ
ajfa-8318	170	33	codes	code	NOUN
ajfa-8318	170	34	9000	9000	NUM
ajfa-8318	170	35	to	to	ADP
ajfa-8318	170	36	10000	10000	NUM
ajfa-8318	170	37	)	)	PUNCT
ajfa-8318	170	38	,	,	PUNCT
ajfa-8318	170	39	because	because	SCONJ
ajfa-8318	170	40	the	the	DET
ajfa-8318	170	41	rem	rem	NOUN
ajfa-8318	170	42	models	model	NOUN
ajfa-8318	170	43	applied	apply	VERB
ajfa-8318	170	44	in	in	ADP
ajfa-8318	170	45	this	this	DET
ajfa-8318	170	46	work	work	NOUN
ajfa-8318	170	47	are	be	AUX
ajfa-8318	170	48	not	not	PART
ajfa-8318	170	49	suitable	suitable	ADJ
ajfa-8318	170	50	for	for	ADP
ajfa-8318	170	51	these	these	DET
ajfa-8318	170	52	industries	industry	NOUN
ajfa-8318	170	53	.	.	PUNCT
ajfa-8318	171	1	after	after	ADP
ajfa-8318	171	2	deleting	delete	VERB
ajfa-8318	171	3	observations	observation	NOUN
ajfa-8318	171	4	with	with	ADP
ajfa-8318	171	5	missing	miss	VERB
ajfa-8318	171	6	data	datum	NOUN
ajfa-8318	171	7	and	and	CCONJ
ajfa-8318	171	8	outliers	outlier	NOUN
ajfa-8318	171	9	whose	whose	DET
ajfa-8318	171	10	absolute	absolute	ADJ
ajfa-8318	171	11	value	value	NOUN
ajfa-8318	171	12	of	of	ADP
ajfa-8318	171	13	studentized	studentize	VERB
ajfa-8318	171	14	residual	residual	ADJ
ajfa-8318	171	15	from	from	ADP
ajfa-8318	171	16	the	the	DET
ajfa-8318	171	17	regression	regression	NOUN
ajfa-8318	171	18	is	be	AUX
ajfa-8318	171	19	greater	great	ADJ
ajfa-8318	171	20	than	than	ADP
ajfa-8318	171	21	two	two	NUM
ajfa-8318	171	22	,	,	PUNCT
ajfa-8318	171	23	we	we	PRON
ajfa-8318	171	24	match	match	VERB
ajfa-8318	171	25	one	one	NUM
ajfa-8318	171	26	non	non	ADJ
ajfa-8318	171	27	-	-	ADJ
ajfa-8318	171	28	succession	succession	ADJ
ajfa-8318	171	29	observation	observation	NOUN
ajfa-8318	171	30	for	for	ADP
ajfa-8318	171	31	each	each	DET
ajfa-8318	171	32	succession	succession	NOUN
ajfa-8318	171	33	observation	observation	NOUN
ajfa-8318	171	34	based	base	VERB
ajfa-8318	171	35	on	on	ADP
ajfa-8318	171	36	the	the	DET
ajfa-8318	171	37	same	same	ADJ
ajfa-8318	171	38	industry	industry	NOUN
ajfa-8318	171	39	,	,	PUNCT
ajfa-8318	171	40	year	year	NOUN
ajfa-8318	171	41	,	,	PUNCT
ajfa-8318	171	42	and	and	CCONJ
ajfa-8318	171	43	nearest	near	ADJ
ajfa-8318	171	44	total	total	ADJ
ajfa-8318	171	45	assets	asset	NOUN
ajfa-8318	171	46	,	,	PUNCT
ajfa-8318	171	47	leading	lead	VERB
ajfa-8318	171	48	to	to	ADP
ajfa-8318	171	49	a	a	DET
ajfa-8318	171	50	final	final	ADJ
ajfa-8318	171	51	sample	sample	NOUN
ajfa-8318	171	52	of	of	ADP
ajfa-8318	171	53	2,339	2,339	NUM
ajfa-8318	171	54	firm	firm	ADJ
ajfa-8318	171	55	-	-	PUNCT
ajfa-8318	171	56	years	year	NOUN
ajfa-8318	171	57	for	for	ADP
ajfa-8318	171	58	testing	testing	NOUN
ajfa-8318	171	59	hypothesis	hypothesis	NOUN
ajfa-8318	171	60	one	one	NUM
ajfa-8318	171	61	.	.	PUNCT
ajfa-8318	172	1	the	the	DET
ajfa-8318	172	2	sample	sample	NOUN
ajfa-8318	172	3	used	use	VERB
ajfa-8318	172	4	to	to	PART
ajfa-8318	172	5	test	test	VERB
ajfa-8318	172	6	hypothesis	hypothesis	NOUN
ajfa-8318	172	7	two	two	NUM
ajfa-8318	172	8	is	be	AUX
ajfa-8318	172	9	based	base	VERB
ajfa-8318	172	10	on	on	ADP
ajfa-8318	172	11	the	the	DET
ajfa-8318	172	12	initial	initial	ADJ
ajfa-8318	172	13	1,241	1,241	NUM
ajfa-8318	172	14	firm	firm	ADJ
ajfa-8318	172	15	-	-	PUNCT
ajfa-8318	172	16	year	year	NOUN
ajfa-8318	172	17	sample	sample	NOUN
ajfa-8318	172	18	before	before	ADP
ajfa-8318	172	19	excluding	exclude	VERB
ajfa-8318	172	20	outliers	outlier	NOUN
ajfa-8318	172	21	for	for	ADP
ajfa-8318	172	22	testing	test	VERB
ajfa-8318	172	23	hypothesis	hypothesis	NOUN
ajfa-8318	172	24	one	one	NUM
ajfa-8318	172	25	,	,	PUNCT
ajfa-8318	172	26	and	and	CCONJ
ajfa-8318	172	27	after	after	ADP
ajfa-8318	172	28	eliminating	eliminate	VERB
ajfa-8318	172	29	outliers	outlier	NOUN
ajfa-8318	172	30	(	(	PUNCT
ajfa-8318	172	31	using	use	VERB
ajfa-8318	172	32	the	the	DET
ajfa-8318	172	33	same	same	ADJ
ajfa-8318	172	34	method	method	NOUN
ajfa-8318	172	35	as	as	ADP
ajfa-8318	172	36	with	with	ADP
ajfa-8318	172	37	h1	h1	PROPN
ajfa-8318	172	38	)	)	PUNCT
ajfa-8318	172	39	we	we	PRON
ajfa-8318	172	40	obtain	obtain	VERB
ajfa-8318	172	41	a	a	DET
ajfa-8318	172	42	final	final	ADJ
ajfa-8318	172	43	sample	sample	NOUN
ajfa-8318	172	44	of	of	ADP
ajfa-8318	172	45	1,178	1,178	NUM
ajfa-8318	172	46	firm	firm	ADJ
ajfa-8318	172	47	-	-	PUNCT
ajfa-8318	172	48	years	year	NOUN
ajfa-8318	172	49	.	.	PUNCT
ajfa-8318	173	1	4	4	X
ajfa-8318	173	2	.	.	X
ajfa-8318	173	3	empirical	empirical	ADJ
ajfa-8318	173	4	analysis	analysis	NOUN
ajfa-8318	173	5	4.1	4.1	NUM
ajfa-8318	173	6	descriptive	descriptive	ADJ
ajfa-8318	173	7	statistics	statistic	NOUN
ajfa-8318	173	8	table	table	NOUN
ajfa-8318	173	9	1	1	NUM
ajfa-8318	173	10	provides	provide	VERB
ajfa-8318	173	11	the	the	DET
ajfa-8318	173	12	descriptive	descriptive	ADJ
ajfa-8318	173	13	statistics	statistic	NOUN
ajfa-8318	173	14	of	of	ADP
ajfa-8318	173	15	the	the	DET
ajfa-8318	173	16	research	research	NOUN
ajfa-8318	173	17	variables	variable	NOUN
ajfa-8318	173	18	used	use	VERB
ajfa-8318	173	19	in	in	ADP
ajfa-8318	173	20	the	the	DET
ajfa-8318	173	21	analysis	analysis	NOUN
ajfa-8318	173	22	.	.	PUNCT
ajfa-8318	174	1	compared	compare	VERB
ajfa-8318	174	2	to	to	ADP
ajfa-8318	174	3	non	non	ADJ
ajfa-8318	174	4	-	-	ADJ
ajfa-8318	174	5	succession	succession	ADJ
ajfa-8318	174	6	firms	firm	NOUN
ajfa-8318	174	7	,	,	PUNCT
ajfa-8318	174	8	firms	firm	NOUN
ajfa-8318	174	9	in	in	ADP
ajfa-8318	174	10	the	the	DET
ajfa-8318	174	11	succession	succession	NOUN
ajfa-8318	174	12	sample	sample	NOUN
ajfa-8318	174	13	tend	tend	VERB
ajfa-8318	174	14	to	to	PART
ajfa-8318	174	15	have	have	VERB
ajfa-8318	174	16	significantly	significantly	ADV
ajfa-8318	174	17	lower	low	ADJ
ajfa-8318	174	18	means	mean	NOUN
ajfa-8318	174	19	and	and	CCONJ
ajfa-8318	174	20	medians	median	NOUN
ajfa-8318	174	21	for	for	ADP
ajfa-8318	174	22	most	most	ADJ
ajfa-8318	174	23	rem	rem	VERB
ajfa-8318	174	24	proxies	proxy	NOUN
ajfa-8318	174	25	.	.	PUNCT
ajfa-8318	175	1	these	these	DET
ajfa-8318	175	2	results	result	NOUN
ajfa-8318	175	3	show	show	VERB
ajfa-8318	175	4	that	that	SCONJ
ajfa-8318	175	5	firms	firm	NOUN
ajfa-8318	175	6	with	with	ADP
ajfa-8318	175	7	new	new	ADJ
ajfa-8318	175	8	ceos	ceo	NOUN
ajfa-8318	175	9	are	be	AUX
ajfa-8318	175	10	less	less	ADV
ajfa-8318	175	11	likely	likely	ADJ
ajfa-8318	175	12	to	to	PART
ajfa-8318	175	13	engage	engage	VERB
ajfa-8318	175	14	in	in	ADP
ajfa-8318	175	15	rem	rem	NOUN
ajfa-8318	175	16	than	than	ADP
ajfa-8318	175	17	those	those	PRON
ajfa-8318	175	18	that	that	PRON
ajfa-8318	175	19	do	do	AUX
ajfa-8318	175	20	no	no	DET
ajfa-8318	175	21	change	change	VERB
ajfa-8318	175	22	their	their	PRON
ajfa-8318	175	23	ceos	ceo	NOUN
ajfa-8318	175	24	.	.	PUNCT
ajfa-8318	176	1	the	the	DET
ajfa-8318	176	2	mean	mean	ADJ
ajfa-8318	176	3	(	(	PUNCT
ajfa-8318	176	4	median	median	NOUN
ajfa-8318	176	5	)	)	PUNCT
ajfa-8318	176	6	of	of	ADP
ajfa-8318	176	7	the	the	DET
ajfa-8318	176	8	car	car	NOUN
ajfa-8318	176	9	at	at	ADP
ajfa-8318	176	10	a	a	DET
ajfa-8318	176	11	three	three	NUM
ajfa-8318	176	12	-	-	PUNCT
ajfa-8318	176	13	day	day	NOUN
ajfa-8318	176	14	window	window	NOUN
ajfa-8318	176	15	around	around	ADP
ajfa-8318	176	16	the	the	DET
ajfa-8318	176	17	ceo	ceo	NOUN
ajfa-8318	176	18	succession	succession	NOUN
ajfa-8318	176	19	is	be	AUX
ajfa-8318	176	20	0.0015	0.0015	NUM
ajfa-8318	176	21	(	(	PUNCT
ajfa-8318	176	22	0.0003	0.0003	NUM
ajfa-8318	176	23	)	)	PUNCT
ajfa-8318	176	24	,	,	PUNCT
ajfa-8318	176	25	indicating	indicate	VERB
ajfa-8318	176	26	that	that	SCONJ
ajfa-8318	176	27	on	on	ADP
ajfa-8318	176	28	average	average	ADJ
ajfa-8318	176	29	the	the	DET
ajfa-8318	176	30	market	market	NOUN
ajfa-8318	176	31	believes	believe	VERB
ajfa-8318	176	32	that	that	SCONJ
ajfa-8318	176	33	the	the	DET
ajfa-8318	176	34	new	new	ADJ
ajfa-8318	176	35	ceo	ceo	NOUN
ajfa-8318	176	36	will	will	AUX
ajfa-8318	176	37	be	be	AUX
ajfa-8318	176	38	able	able	ADJ
ajfa-8318	176	39	to	to	PART
ajfa-8318	176	40	improve	improve	VERB
ajfa-8318	176	41	the	the	DET
ajfa-8318	176	42	asian	asian	ADJ
ajfa-8318	176	43	journal	journal	NOUN
ajfa-8318	176	44	of	of	ADP
ajfa-8318	176	45	finance	finance	PROPN
ajfa-8318	176	46	&	&	CCONJ
ajfa-8318	176	47	accounting	accounting	PROPN
ajfa-8318	176	48	issn	issn	PROPN
ajfa-8318	176	49	1946	1946	NUM
ajfa-8318	176	50	-	-	PUNCT
ajfa-8318	176	51	052x	052x	NOUN
ajfa-8318	176	52	2015	2015	NUM
ajfa-8318	176	53	,	,	PUNCT
ajfa-8318	176	54	vol	vol	NOUN
ajfa-8318	176	55	.	.	PROPN
ajfa-8318	176	56	7	7	NUM
ajfa-8318	176	57	,	,	PUNCT
ajfa-8318	177	1	no	no	INTJ
ajfa-8318	177	2	.	.	NOUN
ajfa-8318	177	3	2	2	NUM
ajfa-8318	177	4	129	129	NUM
ajfa-8318	177	5	firm	firm	NOUN
ajfa-8318	177	6	’s	’s	PART
ajfa-8318	177	7	performance	performance	NOUN
ajfa-8318	177	8	.	.	PUNCT
ajfa-8318	178	1	the	the	DET
ajfa-8318	178	2	succession	succession	NOUN
ajfa-8318	178	3	group	group	NOUN
ajfa-8318	178	4	has	have	VERB
ajfa-8318	178	5	a	a	DET
ajfa-8318	178	6	lower	low	ADJ
ajfa-8318	178	7	mean	mean	NOUN
ajfa-8318	178	8	and	and	CCONJ
ajfa-8318	178	9	median	median	NOUN
ajfa-8318	178	10	in	in	ADP
ajfa-8318	178	11	the	the	DET
ajfa-8318	178	12	performance	performance	NOUN
ajfa-8318	178	13	measure	measure	NOUN
ajfa-8318	178	14	(	(	PUNCT
ajfa-8318	178	15	roa	roa	NOUN
ajfa-8318	178	16	)	)	PUNCT
ajfa-8318	178	17	than	than	ADP
ajfa-8318	178	18	the	the	DET
ajfa-8318	178	19	non	non	ADJ
ajfa-8318	178	20	-	-	ADJ
ajfa-8318	178	21	succession	succession	ADJ
ajfa-8318	178	22	control	control	NOUN
ajfa-8318	178	23	group	group	NOUN
ajfa-8318	178	24	.	.	PUNCT
ajfa-8318	179	1	the	the	DET
ajfa-8318	179	2	significantly	significantly	ADV
ajfa-8318	179	3	lower	low	ADJ
ajfa-8318	179	4	performance	performance	NOUN
ajfa-8318	179	5	in	in	ADP
ajfa-8318	179	6	ceo	ceo	NOUN
ajfa-8318	179	7	succession	succession	NOUN
ajfa-8318	179	8	firms	firm	NOUN
ajfa-8318	179	9	indicates	indicate	VERB
ajfa-8318	179	10	that	that	SCONJ
ajfa-8318	179	11	firms	firm	NOUN
ajfa-8318	179	12	with	with	ADP
ajfa-8318	179	13	poor	poor	ADJ
ajfa-8318	179	14	performance	performance	NOUN
ajfa-8318	179	15	tend	tend	VERB
ajfa-8318	179	16	to	to	PART
ajfa-8318	179	17	replace	replace	VERB
ajfa-8318	179	18	ceos	ceo	NOUN
ajfa-8318	179	19	in	in	ADP
ajfa-8318	179	20	order	order	NOUN
ajfa-8318	179	21	to	to	PART
ajfa-8318	179	22	turn	turn	VERB
ajfa-8318	179	23	around	around	ADP
ajfa-8318	179	24	current	current	ADJ
ajfa-8318	179	25	operations	operation	NOUN
ajfa-8318	179	26	.	.	PUNCT
ajfa-8318	180	1	we	we	PRON
ajfa-8318	180	2	do	do	AUX
ajfa-8318	180	3	not	not	PART
ajfa-8318	180	4	find	find	VERB
ajfa-8318	180	5	any	any	DET
ajfa-8318	180	6	significant	significant	ADJ
ajfa-8318	180	7	differences	difference	NOUN
ajfa-8318	180	8	between	between	ADP
ajfa-8318	180	9	the	the	DET
ajfa-8318	180	10	succession	succession	NOUN
ajfa-8318	180	11	and	and	CCONJ
ajfa-8318	180	12	non	non	ADJ
ajfa-8318	180	13	-	-	ADJ
ajfa-8318	180	14	succession	succession	ADJ
ajfa-8318	180	15	samples	sample	NOUN
ajfa-8318	180	16	with	with	ADP
ajfa-8318	180	17	regard	regard	NOUN
ajfa-8318	180	18	to	to	ADP
ajfa-8318	180	19	the	the	DET
ajfa-8318	180	20	other	other	ADJ
ajfa-8318	180	21	variables	variable	NOUN
ajfa-8318	180	22	,	,	PUNCT
ajfa-8318	180	23	indicating	indicate	VERB
ajfa-8318	180	24	that	that	SCONJ
ajfa-8318	180	25	the	the	DET
ajfa-8318	180	26	sample	sample	NOUN
ajfa-8318	180	27	matching	matching	NOUN
ajfa-8318	180	28	process	process	NOUN
ajfa-8318	180	29	is	be	AUX
ajfa-8318	180	30	valid	valid	ADJ
ajfa-8318	180	31	and	and	CCONJ
ajfa-8318	180	32	there	there	PRON
ajfa-8318	180	33	is	be	VERB
ajfa-8318	180	34	no	no	DET
ajfa-8318	180	35	significant	significant	ADJ
ajfa-8318	180	36	difference	difference	NOUN
ajfa-8318	180	37	between	between	ADP
ajfa-8318	180	38	the	the	DET
ajfa-8318	180	39	testing	testing	NOUN
ajfa-8318	180	40	and	and	CCONJ
ajfa-8318	180	41	control	control	NOUN
ajfa-8318	180	42	groups	group	NOUN
ajfa-8318	180	43	.	.	PUNCT
ajfa-8318	181	1	in	in	ADP
ajfa-8318	181	2	table	table	NOUN
ajfa-8318	181	3	1	1	NUM
ajfa-8318	181	4	,	,	PUNCT
ajfa-8318	181	5	since	since	SCONJ
ajfa-8318	181	6	we	we	PRON
ajfa-8318	181	7	examine	examine	VERB
ajfa-8318	181	8	the	the	DET
ajfa-8318	181	9	differences	difference	NOUN
ajfa-8318	181	10	between	between	ADP
ajfa-8318	181	11	the	the	DET
ajfa-8318	181	12	variables	variable	NOUN
ajfa-8318	181	13	for	for	ADP
ajfa-8318	181	14	the	the	DET
ajfa-8318	181	15	testing	testing	NOUN
ajfa-8318	181	16	and	and	CCONJ
ajfa-8318	181	17	control	control	NOUN
ajfa-8318	181	18	groups	group	NOUN
ajfa-8318	181	19	,	,	PUNCT
ajfa-8318	181	20	we	we	PRON
ajfa-8318	181	21	use	use	VERB
ajfa-8318	181	22	the	the	DET
ajfa-8318	181	23	sample	sample	NOUN
ajfa-8318	181	24	for	for	SCONJ
ajfa-8318	181	25	h1	h1	NOUN
ajfa-8318	181	26	to	to	PART
ajfa-8318	181	27	present	present	VERB
ajfa-8318	181	28	the	the	DET
ajfa-8318	181	29	descriptive	descriptive	ADJ
ajfa-8318	181	30	statistics	statistic	NOUN
ajfa-8318	181	31	.	.	PUNCT
ajfa-8318	182	1	there	there	PRON
ajfa-8318	182	2	are	be	VERB
ajfa-8318	182	3	no	no	DET
ajfa-8318	182	4	significant	significant	ADJ
ajfa-8318	182	5	differences	difference	NOUN
ajfa-8318	182	6	in	in	ADP
ajfa-8318	182	7	the	the	DET
ajfa-8318	182	8	results	result	NOUN
ajfa-8318	182	9	when	when	SCONJ
ajfa-8318	182	10	we	we	PRON
ajfa-8318	182	11	use	use	VERB
ajfa-8318	182	12	the	the	DET
ajfa-8318	182	13	sample	sample	NOUN
ajfa-8318	182	14	(	(	PUNCT
ajfa-8318	182	15	1,178	1,178	NUM
ajfa-8318	182	16	)	)	PUNCT
ajfa-8318	182	17	for	for	ADP
ajfa-8318	182	18	h2	h2	PROPN
ajfa-8318	182	19	(	(	PUNCT
ajfa-8318	182	20	untabulated	untabulated	ADJ
ajfa-8318	182	21	)	)	PUNCT
ajfa-8318	182	22	.	.	PUNCT
ajfa-8318	183	1	table	table	NOUN
ajfa-8318	183	2	1	1	NUM
ajfa-8318	183	3	.	.	PUNCT
ajfa-8318	183	4	descriptive	descriptive	ADJ
ajfa-8318	183	5	statistics	statistic	NOUN
ajfa-8318	183	6	succession	succession	NOUN
ajfa-8318	183	7	sample	sample	NOUN
ajfa-8318	183	8	(	(	PUNCT
ajfa-8318	183	9	n=1,166	n=1,166	PROPN
ajfa-8318	183	10	)	)	PUNCT
ajfa-8318	183	11	non	non	ADJ
ajfa-8318	183	12	-	-	ADJ
ajfa-8318	183	13	succession	succession	ADJ
ajfa-8318	183	14	sample	sample	NOUN
ajfa-8318	183	15	(	(	PUNCT
ajfa-8318	183	16	n=1,173	n=1,173	NOUN
ajfa-8318	183	17	)	)	PUNCT
ajfa-8318	183	18	difference	difference	NOUN
ajfa-8318	183	19	tests	test	NOUN
ajfa-8318	183	20	variables	variable	VERB
ajfa-8318	183	21	2	2	NUM
ajfa-8318	183	22	mean	mean	NOUN
ajfa-8318	183	23	median	median	ADJ
ajfa-8318	183	24	standard	standard	ADJ
ajfa-8318	183	25	deviation	deviation	NOUN
ajfa-8318	183	26	mean	mean	VERB
ajfa-8318	183	27	median	median	ADJ
ajfa-8318	183	28	standard	standard	ADJ
ajfa-8318	183	29	deviation	deviation	NOUN
ajfa-8318	183	30	mean	mean	VERB
ajfa-8318	183	31	median	median	PROPN
ajfa-8318	183	32	t	t	PROPN
ajfa-8318	183	33	-	-	PUNCT
ajfa-8318	183	34	statistics	statistic	NOUN
ajfa-8318	183	35	z	z	PROPN
ajfa-8318	183	36	-	-	PUNCT
ajfa-8318	183	37	statistics	statistic	NOUN
ajfa-8318	183	38	sum_rem	sum_rem	PROPN
ajfa-8318	183	39	-0.0309	-0.0309	NOUN
ajfa-8318	183	40	-0.0066	-0.0066	PUNCT
ajfa-8318	184	1	0.3053	0.3053	NUM
ajfa-8318	184	2	0.0177	0.0177	NUM
ajfa-8318	184	3	0.0201	0.0201	NUM
ajfa-8318	184	4	0.3076	0.3076	NUM
ajfa-8318	184	5	-3.83	-3.83	NOUN
ajfa-8318	184	6	*	*	PUNCT
ajfa-8318	184	7	*	*	PUNCT
ajfa-8318	184	8	*	*	NOUN
ajfa-8318	184	9	-3.46	-3.46	NUM
ajfa-8318	184	10	*	*	PUNCT
ajfa-8318	184	11	*	*	PUNCT
ajfa-8318	184	12	*	*	PUNCT
ajfa-8318	184	13	ab_cfo1	ab_cfo1	PROPN
ajfa-8318	184	14	-0.0403	-0.0403	PROPN
ajfa-8318	184	15	-0.0349	-0.0349	VERB
ajfa-8318	184	16	0.0912	0.0912	NUM
ajfa-8318	184	17	-0.0412	-0.0412	NOUN
ajfa-8318	184	18	-0.0371	-0.0371	NOUN
ajfa-8318	184	19	0.0895	0.0895	NUM
ajfa-8318	184	20	0.25	0.25	NUM
ajfa-8318	184	21	0.19	0.19	NUM
ajfa-8318	184	22	ab_prod	ab_prod	ADP
ajfa-8318	184	23	-0.0343	-0.0343	PROPN
ajfa-8318	184	24	-0.0282	-0.0282	PROPN
ajfa-8318	184	25	0.1488	0.1488	NUM
ajfa-8318	184	26	-0.0124	-0.0124	NOUN
ajfa-8318	184	27	-0.0106	-0.0106	NOUN
ajfa-8318	185	1	0.1519	0.1519	NUM
ajfa-8318	185	2	-3.52	-3.52	NOUN
ajfa-8318	185	3	*	*	PUNCT
ajfa-8318	185	4	*	*	PUNCT
ajfa-8318	185	5	*	*	NOUN
ajfa-8318	185	6	-3.21	-3.21	NOUN
ajfa-8318	185	7	*	*	PUNCT
ajfa-8318	185	8	*	*	PUNCT
ajfa-8318	185	9	*	*	PUNCT
ajfa-8318	185	10	ab_disexp1	ab_disexp1	NUM
ajfa-8318	185	11	0.0437	0.0437	NUM
ajfa-8318	185	12	0.0535	0.0535	NUM
ajfa-8318	185	13	0.1681	0.1681	NUM
ajfa-8318	185	14	0.0713	0.0713	NUM
ajfa-8318	185	15	0.0775	0.0775	NUM
ajfa-8318	185	16	0.1633	0.1633	NUM
ajfa-8318	185	17	-4.04	-4.04	NUM
ajfa-8318	185	18	*	*	PUNCT
ajfa-8318	185	19	*	*	PUNCT
ajfa-8318	185	20	*	*	PUNCT
ajfa-8318	185	21	-3.90	-3.90	NUM
ajfa-8318	185	22	*	*	PUNCT
ajfa-8318	185	23	*	*	PUNCT
ajfa-8318	185	24	*	*	PUNCT
ajfa-8318	185	25	da	da	PROPN
ajfa-8318	185	26	-0.0169	-0.0169	PROPN
ajfa-8318	185	27	-0.0142	-0.0142	NOUN
ajfa-8318	186	1	0.0535	0.0535	NUM
ajfa-8318	186	2	-0.0094	-0.0094	ADV
ajfa-8318	186	3	-0.0081	-0.0081	VERB
ajfa-8318	186	4	0.0549	0.0549	NUM
ajfa-8318	186	5	-3.37	-3.37	NOUN
ajfa-8318	186	6	*	*	PUNCT
ajfa-8318	186	7	*	*	PUNCT
ajfa-8318	186	8	*	*	PUNCT
ajfa-8318	186	9	-3.40	-3.40	PUNCT
ajfa-8318	186	10	*	*	PUNCT
ajfa-8318	186	11	*	*	PUNCT
ajfa-8318	186	12	*	*	NOUN
ajfa-8318	186	13	car	car	NOUN
ajfa-8318	186	14	0.0015	0.0015	NUM
ajfa-8318	186	15	0.0003	0.0003	NUM
ajfa-8318	186	16	0.0599	0.0599	NUM
ajfa-8318	186	17	lnat	lnat	NOUN
ajfa-8318	186	18	7.2447	7.2447	NUM
ajfa-8318	186	19	7.1144	7.1144	NUM
ajfa-8318	186	20	1.6687	1.6687	NUM
ajfa-8318	186	21	7.2448	7.2448	NUM
ajfa-8318	186	22	7.1263	7.1263	NUM
ajfa-8318	186	23	1.6802	1.6802	NUM
ajfa-8318	186	24	-0.00	-0.00	SYM
ajfa-8318	186	25	-0.11	-0.11	NUM
ajfa-8318	186	26	mb	mb	ADP
ajfa-8318	186	27	2.9688	2.9688	NUM
ajfa-8318	186	28	2.1113	2.1113	NUM
ajfa-8318	186	29	2.8020	2.8020	NUM
ajfa-8318	186	30	2.8625	2.8625	NUM
ajfa-8318	186	31	2.0769	2.0769	NUM
ajfa-8318	186	32	2.6242	2.6242	NUM
ajfa-8318	186	33	0.95	0.95	NUM
ajfa-8318	186	34	0.73	0.73	NUM
ajfa-8318	186	35	roa	roa	NOUN
ajfa-8318	186	36	0.0247	0.0247	NUM
ajfa-8318	186	37	0.0446	0.0446	NUM
ajfa-8318	186	38	0.1242	0.1242	NUM
ajfa-8318	186	39	0.0393	0.0393	NUM
ajfa-8318	186	40	0.0504	0.0504	NUM
ajfa-8318	186	41	0.1057	0.1057	NUM
ajfa-8318	186	42	-3.06	-3.06	NOUN
ajfa-8318	186	43	*	*	PUNCT
ajfa-8318	186	44	*	*	PUNCT
ajfa-8318	186	45	*	*	PUNCT
ajfa-8318	186	46	-2.19	-2.19	PUNCT
ajfa-8318	187	1	*	*	PUNCT
ajfa-8318	187	2	*	*	PUNCT
ajfa-8318	187	3	lev	lev	NOUN
ajfa-8318	187	4	0.4849	0.4849	NUM
ajfa-8318	187	5	0.4868	0.4868	NUM
ajfa-8318	187	6	0.1982	0.1982	NUM
ajfa-8318	187	7	0.4852	0.4852	NUM
ajfa-8318	187	8	0.4897	0.4897	NUM
ajfa-8318	187	9	0.2046	0.2046	NUM
ajfa-8318	187	10	-0.04	-0.04	NUM
ajfa-8318	187	11	-0.20	-0.20	NUM
ajfa-8318	187	12	big4	big4	NOUN
ajfa-8318	187	13	0.9160	0.9160	NUM
ajfa-8318	187	14	1.0000	1.0000	NUM
ajfa-8318	187	15	0.2776	0.2776	NUM
ajfa-8318	187	16	0.8977	0.8977	NUM
ajfa-8318	187	17	1.0000	1.0000	NUM
ajfa-8318	187	18	0.3032	0.3032	NUM
ajfa-8318	187	19	1.52	1.52	NUM
ajfa-8318	187	20	1.52	1.52	NUM
ajfa-8318	187	21	litigation	litigation	NOUN
ajfa-8318	187	22	0.2702	0.2702	NUM
ajfa-8318	187	23	0.0000	0.0000	NUM
ajfa-8318	187	24	0.4442	0.4442	NUM
ajfa-8318	187	25	0.2472	0.2472	NUM
ajfa-8318	187	26	0.0000	0.0000	NUM
ajfa-8318	187	27	0.4316	0.4316	NUM
ajfa-8318	187	28	1.27	1.27	NUM
ajfa-8318	187	29	1.27	1.27	NUM
ajfa-8318	187	30	1	1	NUM
ajfa-8318	187	31	we	we	PRON
ajfa-8318	187	32	multiply	multiply	VERB
ajfa-8318	187	33	the	the	DET
ajfa-8318	187	34	abnormal	abnormal	ADJ
ajfa-8318	187	35	levels	level	NOUN
ajfa-8318	187	36	of	of	ADP
ajfa-8318	187	37	cash	cash	NOUN
ajfa-8318	187	38	flow	flow	NOUN
ajfa-8318	187	39	from	from	ADP
ajfa-8318	187	40	operations	operation	NOUN
ajfa-8318	187	41	and	and	CCONJ
ajfa-8318	187	42	the	the	DET
ajfa-8318	187	43	abnormal	abnormal	ADJ
ajfa-8318	187	44	levels	level	NOUN
ajfa-8318	187	45	of	of	ADP
ajfa-8318	187	46	discretionary	discretionary	ADJ
ajfa-8318	187	47	expenditures	expenditure	NOUN
ajfa-8318	187	48	by	by	ADP
ajfa-8318	187	49	-1	-1	PUNCT
ajfa-8318	187	50	,	,	PUNCT
ajfa-8318	187	51	so	so	SCONJ
ajfa-8318	187	52	that	that	SCONJ
ajfa-8318	187	53	the	the	DET
ajfa-8318	187	54	higher	high	ADJ
ajfa-8318	187	55	values	value	NOUN
ajfa-8318	187	56	of	of	ADP
ajfa-8318	187	57	these	these	DET
ajfa-8318	187	58	two	two	NUM
ajfa-8318	187	59	variables	variable	NOUN
ajfa-8318	187	60	represent	represent	VERB
ajfa-8318	187	61	higher	high	ADJ
ajfa-8318	187	62	rem	rem	NOUN
ajfa-8318	187	63	.	.	NOUN
ajfa-8318	187	64	2	2	NUM
ajfa-8318	187	65	sum_rem	sum_rem	PROPN
ajfa-8318	187	66	:	:	PUNCT
ajfa-8318	187	67	the	the	DET
ajfa-8318	187	68	aggregation	aggregation	NOUN
ajfa-8318	187	69	of	of	ADP
ajfa-8318	187	70	ab_cfo	ab_cfo	PROPN
ajfa-8318	187	71	,	,	PUNCT
ajfa-8318	187	72	ab_prod	ab_prod	NOUN
ajfa-8318	187	73	,	,	PUNCT
ajfa-8318	187	74	and	and	CCONJ
ajfa-8318	187	75	ab_disexp	ab_disexp	NOUN
ajfa-8318	187	76	;	;	PUNCT
ajfa-8318	187	77	ab_cfo	ab_cfo	PROPN
ajfa-8318	187	78	:	:	PUNCT
ajfa-8318	187	79	the	the	DET
ajfa-8318	187	80	abnormal	abnormal	ADJ
ajfa-8318	187	81	level	level	NOUN
ajfa-8318	187	82	of	of	ADP
ajfa-8318	187	83	cash	cash	NOUN
ajfa-8318	187	84	flow	flow	NOUN
ajfa-8318	187	85	from	from	ADP
ajfa-8318	187	86	operations	operation	NOUN
ajfa-8318	187	87	;	;	PUNCT
ajfa-8318	187	88	ab_prod	ab_prod	ADP
ajfa-8318	187	89	:	:	PUNCT
ajfa-8318	187	90	the	the	DET
ajfa-8318	187	91	abnormal	abnormal	ADJ
ajfa-8318	187	92	level	level	NOUN
ajfa-8318	187	93	of	of	ADP
ajfa-8318	187	94	production	production	NOUN
ajfa-8318	187	95	costs	cost	NOUN
ajfa-8318	187	96	;	;	PUNCT
ajfa-8318	187	97	ab_disexp	ab_disexp	NOUN
ajfa-8318	187	98	:	:	PUNCT
ajfa-8318	187	99	the	the	DET
ajfa-8318	187	100	abnormal	abnormal	ADJ
ajfa-8318	187	101	level	level	NOUN
ajfa-8318	187	102	of	of	ADP
ajfa-8318	187	103	discretionary	discretionary	ADJ
ajfa-8318	187	104	expenditures	expenditure	NOUN
ajfa-8318	187	105	;	;	PUNCT
ajfa-8318	187	106	suc	suc	ADV
ajfa-8318	187	107	:	:	PUNCT
ajfa-8318	187	108	a	a	DET
ajfa-8318	187	109	dummy	dummy	ADJ
ajfa-8318	187	110	variable	variable	NOUN
ajfa-8318	187	111	that	that	PRON
ajfa-8318	187	112	equals	equal	VERB
ajfa-8318	187	113	1	1	NUM
ajfa-8318	187	114	indicating	indicate	VERB
ajfa-8318	187	115	ceo	ceo	NOUN
ajfa-8318	187	116	succession	succession	NOUN
ajfa-8318	187	117	,	,	PUNCT
ajfa-8318	187	118	and	and	CCONJ
ajfa-8318	187	119	0	0	NUM
ajfa-8318	187	120	otherwise	otherwise	ADV
ajfa-8318	187	121	;	;	PUNCT
ajfa-8318	187	122	car	car	NOUN
ajfa-8318	187	123	:	:	PUNCT
ajfa-8318	187	124	cumulative	cumulative	ADJ
ajfa-8318	187	125	abnormal	abnormal	ADJ
ajfa-8318	187	126	return	return	NOUN
ajfa-8318	187	127	over	over	ADP
ajfa-8318	187	128	the	the	DET
ajfa-8318	187	129	three	three	NUM
ajfa-8318	187	130	-	-	PUNCT
ajfa-8318	187	131	day	day	NOUN
ajfa-8318	187	132	window	window	NOUN
ajfa-8318	187	133	(	(	PUNCT
ajfa-8318	187	134	-1,1	-1,1	PROPN
ajfa-8318	187	135	)	)	PUNCT
ajfa-8318	187	136	;	;	PUNCT
ajfa-8318	188	1	da	da	X
ajfa-8318	188	2	:	:	PUNCT
ajfa-8318	188	3	the	the	DET
ajfa-8318	188	4	discretionary	discretionary	ADJ
ajfa-8318	188	5	accruals	accrual	NOUN
ajfa-8318	188	6	estimated	estimate	VERB
ajfa-8318	188	7	using	use	VERB
ajfa-8318	188	8	the	the	DET
ajfa-8318	188	9	“	"	PUNCT
ajfa-8318	188	10	performance	performance	NOUN
ajfa-8318	188	11	-	-	PUNCT
ajfa-8318	188	12	matched	match	VERB
ajfa-8318	188	13	”	"	PUNCT
ajfa-8318	188	14	modified	modify	VERB
ajfa-8318	188	15	-	-	PUNCT
ajfa-8318	188	16	jones	jones	NOUN
ajfa-8318	188	17	model	model	NOUN
ajfa-8318	188	18	;	;	PUNCT
ajfa-8318	188	19	mb	mb	ADP
ajfa-8318	188	20	:	:	PUNCT
ajfa-8318	188	21	the	the	DET
ajfa-8318	188	22	ratio	ratio	NOUN
ajfa-8318	188	23	of	of	ADP
ajfa-8318	188	24	market	market	NOUN
ajfa-8318	188	25	value	value	NOUN
ajfa-8318	188	26	of	of	ADP
ajfa-8318	188	27	equity	equity	NOUN
ajfa-8318	188	28	to	to	ADP
ajfa-8318	188	29	book	book	NOUN
ajfa-8318	188	30	value	value	NOUN
ajfa-8318	188	31	of	of	ADP
ajfa-8318	188	32	equity	equity	NOUN
ajfa-8318	188	33	;	;	PUNCT
ajfa-8318	188	34	lnat	lnat	NOUN
ajfa-8318	188	35	:	:	PUNCT
ajfa-8318	188	36	the	the	DET
ajfa-8318	188	37	logarithm	logarithm	NOUN
ajfa-8318	188	38	of	of	ADP
ajfa-8318	188	39	the	the	DET
ajfa-8318	188	40	market	market	NOUN
ajfa-8318	188	41	value	value	NOUN
ajfa-8318	188	42	of	of	ADP
ajfa-8318	188	43	equity	equity	NOUN
ajfa-8318	188	44	at	at	ADP
ajfa-8318	188	45	the	the	DET
ajfa-8318	188	46	beginning	beginning	NOUN
ajfa-8318	188	47	of	of	ADP
ajfa-8318	188	48	the	the	DET
ajfa-8318	188	49	year	year	NOUN
ajfa-8318	188	50	;	;	PUNCT
ajfa-8318	188	51	roa	roa	NOUN
ajfa-8318	188	52	:	:	PUNCT
ajfa-8318	188	53	income	income	NOUN
ajfa-8318	188	54	before	before	ADP
ajfa-8318	188	55	extraordinary	extraordinary	ADJ
ajfa-8318	188	56	items	item	NOUN
ajfa-8318	188	57	scaled	scale	VERB
ajfa-8318	188	58	by	by	ADP
ajfa-8318	188	59	lagged	lag	VERB
ajfa-8318	188	60	total	total	ADJ
ajfa-8318	188	61	assets	asset	NOUN
ajfa-8318	188	62	;	;	PUNCT
ajfa-8318	188	63	lev	lev	NOUN
ajfa-8318	188	64	:	:	PUNCT
ajfa-8318	188	65	the	the	DET
ajfa-8318	188	66	ratio	ratio	NOUN
ajfa-8318	188	67	of	of	ADP
ajfa-8318	188	68	total	total	ADJ
ajfa-8318	188	69	liabilities	liability	NOUN
ajfa-8318	188	70	to	to	PART
ajfa-8318	188	71	total	total	ADJ
ajfa-8318	188	72	assets	asset	NOUN
ajfa-8318	188	73	;	;	PUNCT
ajfa-8318	188	74	big4	big4	PROPN
ajfa-8318	188	75	:	:	PUNCT
ajfa-8318	188	76	a	a	DET
ajfa-8318	188	77	dummy	dummy	ADJ
ajfa-8318	188	78	variable	variable	NOUN
ajfa-8318	188	79	that	that	PRON
ajfa-8318	188	80	equals	equal	VERB
ajfa-8318	188	81	1	1	NUM
ajfa-8318	188	82	if	if	SCONJ
ajfa-8318	188	83	the	the	DET
ajfa-8318	188	84	firm	firm	NOUN
ajfa-8318	188	85	engaged	engage	VERB
ajfa-8318	188	86	one	one	NUM
ajfa-8318	188	87	of	of	ADP
ajfa-8318	188	88	the	the	DET
ajfa-8318	188	89	largest	large	ADJ
ajfa-8318	188	90	four	four	NUM
ajfa-8318	188	91	audit	audit	NOUN
ajfa-8318	188	92	firms	firm	NOUN
ajfa-8318	188	93	,	,	PUNCT
ajfa-8318	188	94	and	and	CCONJ
ajfa-8318	188	95	0	0	NUM
ajfa-8318	188	96	otherwise	otherwise	ADV
ajfa-8318	188	97	;	;	PUNCT
ajfa-8318	188	98	litigation	litigation	NOUN
ajfa-8318	188	99	:	:	PUNCT
ajfa-8318	188	100	a	a	DET
ajfa-8318	188	101	dummy	dummy	ADJ
ajfa-8318	188	102	variable	variable	NOUN
ajfa-8318	188	103	that	that	PRON
ajfa-8318	188	104	equals	equal	VERB
ajfa-8318	188	105	1	1	NUM
ajfa-8318	188	106	if	if	SCONJ
ajfa-8318	188	107	the	the	DET
ajfa-8318	188	108	firm	firm	NOUN
ajfa-8318	188	109	is	be	AUX
ajfa-8318	188	110	in	in	ADP
ajfa-8318	188	111	sic	sic	ADJ
ajfa-8318	188	112	codes	code	NOUN
ajfa-8318	188	113	2833	2833	NUM
ajfa-8318	188	114	-	-	SYM
ajfa-8318	188	115	2836	2836	NUM
ajfa-8318	188	116	,	,	PUNCT
ajfa-8318	188	117	3570	3570	NUM
ajfa-8318	188	118	-	-	SYM
ajfa-8318	188	119	3577	3577	NUM
ajfa-8318	188	120	,	,	PUNCT
ajfa-8318	188	121	3600	3600	NUM
ajfa-8318	188	122	-	-	SYM
ajfa-8318	188	123	3674	3674	NUM
ajfa-8318	188	124	,	,	PUNCT
ajfa-8318	188	125	7371	7371	NUM
ajfa-8318	188	126	-	-	SYM
ajfa-8318	188	127	7379	7379	NUM
ajfa-8318	188	128	,	,	PUNCT
ajfa-8318	188	129	and	and	CCONJ
ajfa-8318	188	130	8731	8731	NUM
ajfa-8318	188	131	-	-	SYM
ajfa-8318	188	132	8734	8734	NUM
ajfa-8318	188	133	,	,	PUNCT
ajfa-8318	188	134	and	and	CCONJ
ajfa-8318	188	135	0	0	NUM
ajfa-8318	188	136	otherwise	otherwise	ADV
ajfa-8318	188	137	.	.	PUNCT
ajfa-8318	189	1	4.2	4.2	NUM
ajfa-8318	189	2	multivariate	multivariate	NOUN
ajfa-8318	189	3	results	result	VERB
ajfa-8318	189	4	4.2.1	4.2.1	NUM
ajfa-8318	189	5	results	result	NOUN
ajfa-8318	189	6	for	for	ADP
ajfa-8318	189	7	the	the	DET
ajfa-8318	189	8	relation	relation	NOUN
ajfa-8318	189	9	between	between	ADP
ajfa-8318	189	10	real	real	ADJ
ajfa-8318	189	11	earnings	earning	NOUN
ajfa-8318	189	12	management	management	NOUN
ajfa-8318	189	13	and	and	CCONJ
ajfa-8318	189	14	ceo	ceo	NOUN
ajfa-8318	189	15	successions	succession	NOUN
ajfa-8318	189	16	(	(	PUNCT
ajfa-8318	189	17	h1	h1	NOUN
ajfa-8318	189	18	)	)	PUNCT
ajfa-8318	189	19	table	table	NOUN
ajfa-8318	189	20	2	2	NUM
ajfa-8318	189	21	presents	present	VERB
ajfa-8318	189	22	the	the	DET
ajfa-8318	189	23	regression	regression	NOUN
ajfa-8318	189	24	results	result	NOUN
ajfa-8318	189	25	for	for	ADP
ajfa-8318	189	26	testing	testing	NOUN
ajfa-8318	189	27	hypothesis	hypothesis	NOUN
ajfa-8318	189	28	one	one	NUM
ajfa-8318	189	29	,	,	PUNCT
ajfa-8318	189	30	which	which	PRON
ajfa-8318	189	31	examines	examine	VERB
ajfa-8318	189	32	the	the	DET
ajfa-8318	189	33	impact	impact	NOUN
ajfa-8318	189	34	of	of	ADP
ajfa-8318	189	35	hiring	hire	VERB
ajfa-8318	189	36	a	a	DET
ajfa-8318	189	37	new	new	ADJ
ajfa-8318	189	38	ceo	ceo	NOUN
ajfa-8318	189	39	on	on	ADP
ajfa-8318	189	40	a	a	DET
ajfa-8318	189	41	firm	firm	NOUN
ajfa-8318	189	42	’s	’s	PART
ajfa-8318	189	43	level	level	NOUN
ajfa-8318	189	44	of	of	ADP
ajfa-8318	189	45	rem	rem	NOUN
ajfa-8318	189	46	.	.	PUNCT
ajfa-8318	190	1	all	all	DET
ajfa-8318	190	2	the	the	DET
ajfa-8318	190	3	models	model	NOUN
ajfa-8318	190	4	fit	fit	VERB
ajfa-8318	190	5	well	well	ADV
ajfa-8318	190	6	with	with	ADP
ajfa-8318	190	7	the	the	DET
ajfa-8318	190	8	adjusted	adjust	VERB
ajfa-8318	190	9	r2	r2	NOUN
ajfa-8318	190	10	values	value	NOUN
ajfa-8318	190	11	between	between	ADP
ajfa-8318	190	12	11	11	NUM
ajfa-8318	190	13	%	%	NOUN
ajfa-8318	190	14	and	and	CCONJ
ajfa-8318	190	15	49	49	NUM
ajfa-8318	190	16	%	%	NOUN
ajfa-8318	190	17	(	(	PUNCT
ajfa-8318	190	18	significant	significant	ADJ
ajfa-8318	190	19	at	at	ADP
ajfa-8318	190	20	1	1	NUM
ajfa-8318	190	21	%	%	NOUN
ajfa-8318	190	22	level	level	NOUN
ajfa-8318	190	23	)	)	PUNCT
ajfa-8318	190	24	.	.	PUNCT
ajfa-8318	191	1	except	except	SCONJ
ajfa-8318	191	2	for	for	ADP
ajfa-8318	191	3	the	the	DET
ajfa-8318	191	4	positive	positive	ADJ
ajfa-8318	191	5	but	but	CCONJ
ajfa-8318	191	6	marginally	marginally	ADV
ajfa-8318	191	7	significant	significant	ADJ
ajfa-8318	191	8	relation	relation	NOUN
ajfa-8318	191	9	with	with	ADP
ajfa-8318	191	10	abnormal	abnormal	ADJ
ajfa-8318	191	11	cash	cash	NOUN
ajfa-8318	191	12	flow	flow	NOUN
ajfa-8318	191	13	(	(	PUNCT
ajfa-8318	191	14	ab_cfo	ab_cfo	NOUN
ajfa-8318	191	15	)	)	PUNCT
ajfa-8318	191	16	(	(	PUNCT
ajfa-8318	191	17	p	p	NOUN
ajfa-8318	191	18	-	-	PUNCT
ajfa-8318	191	19	value<0.1	value<0.1	NOUN
ajfa-8318	191	20	)	)	PUNCT
ajfa-8318	191	21	,	,	PUNCT
ajfa-8318	191	22	ceo	ceo	NOUN
ajfa-8318	191	23	succession	succession	NOUN
ajfa-8318	191	24	(	(	PUNCT
ajfa-8318	191	25	suc	suc	PROPN
ajfa-8318	191	26	)	)	PUNCT
ajfa-8318	191	27	is	be	AUX
ajfa-8318	191	28	negatively	negatively	ADV
ajfa-8318	191	29	and	and	CCONJ
ajfa-8318	191	30	significantly	significantly	ADV
ajfa-8318	191	31	related	relate	VERB
ajfa-8318	191	32	to	to	ADP
ajfa-8318	191	33	sum_rem	sum_rem	PROPN
ajfa-8318	191	34	,	,	PUNCT
ajfa-8318	191	35	ab_prod	ab_prod	NOUN
ajfa-8318	191	36	,	,	PUNCT
ajfa-8318	191	37	and	and	CCONJ
ajfa-8318	191	38	ab_disexp	ab_disexp	PROPN
ajfa-8318	191	39	(	(	PUNCT
ajfa-8318	191	40	all	all	DET
ajfa-8318	191	41	p	p	X
ajfa-8318	191	42	-	-	PUNCT
ajfa-8318	191	43	value<0.01	value<0.01	NUM
ajfa-8318	191	44	)	)	PUNCT
ajfa-8318	191	45	.	.	PUNCT
ajfa-8318	192	1	the	the	DET
ajfa-8318	192	2	coefficients	coefficient	NOUN
ajfa-8318	192	3	of	of	ADP
ajfa-8318	192	4	sum_rem	sum_rem	PROPN
ajfa-8318	192	5	,	,	PUNCT
ajfa-8318	192	6	ab_cfo	ab_cfo	PROPN
ajfa-8318	192	7	,	,	PUNCT
ajfa-8318	192	8	ab_prod	ab_prod	NOUN
ajfa-8318	192	9	,	,	PUNCT
ajfa-8318	192	10	and	and	CCONJ
ajfa-8318	192	11	ab_disexp	ab_disexp	PROPN
ajfa-8318	192	12	asian	asian	ADJ
ajfa-8318	192	13	journal	journal	NOUN
ajfa-8318	192	14	of	of	ADP
ajfa-8318	192	15	finance	finance	PROPN
ajfa-8318	192	16	&	&	CCONJ
ajfa-8318	192	17	accounting	accounting	PROPN
ajfa-8318	192	18	issn	issn	PROPN
ajfa-8318	192	19	1946	1946	NUM
ajfa-8318	192	20	-	-	PUNCT
ajfa-8318	192	21	052x	052x	NOUN
ajfa-8318	192	22	2015	2015	NUM
ajfa-8318	192	23	,	,	PUNCT
ajfa-8318	192	24	vol	vol	NOUN
ajfa-8318	192	25	.	.	PROPN
ajfa-8318	192	26	7	7	NUM
ajfa-8318	192	27	,	,	PUNCT
ajfa-8318	192	28	no	no	INTJ
ajfa-8318	192	29	.	.	NOUN
ajfa-8318	192	30	2	2	NUM
ajfa-8318	192	31	130	130	NUM
ajfa-8318	192	32	are	be	AUX
ajfa-8318	192	33	-0.033	-0.033	ADJ
ajfa-8318	192	34	,	,	PUNCT
ajfa-8318	192	35	0.005	0.005	NUM
ajfa-8318	192	36	,	,	PUNCT
ajfa-8318	192	37	-0.016	-0.016	NUM
ajfa-8318	192	38	,	,	PUNCT
ajfa-8318	192	39	and	and	CCONJ
ajfa-8318	192	40	-0.021	-0.021	NOUN
ajfa-8318	192	41	,	,	PUNCT
ajfa-8318	192	42	respectively	respectively	ADV
ajfa-8318	192	43	.	.	PUNCT
ajfa-8318	193	1	according	accord	VERB
ajfa-8318	193	2	to	to	ADP
ajfa-8318	193	3	roychowdhury	roychowdhury	NOUN
ajfa-8318	193	4	(	(	PUNCT
ajfa-8318	193	5	2006	2006	NUM
ajfa-8318	193	6	)	)	PUNCT
ajfa-8318	193	7	,	,	PUNCT
ajfa-8318	193	8	the	the	DET
ajfa-8318	193	9	positive	positive	ADJ
ajfa-8318	193	10	relation	relation	NOUN
ajfa-8318	193	11	between	between	ADP
ajfa-8318	193	12	suc	suc	ADJ
ajfa-8318	193	13	and	and	CCONJ
ajfa-8318	193	14	ab_cfo	ab_cfo	PROPN
ajfa-8318	193	15	may	may	AUX
ajfa-8318	193	16	be	be	AUX
ajfa-8318	193	17	induced	induce	VERB
ajfa-8318	193	18	by	by	ADP
ajfa-8318	193	19	the	the	DET
ajfa-8318	193	20	mixed	mixed	ADJ
ajfa-8318	193	21	effects	effect	NOUN
ajfa-8318	193	22	of	of	ADP
ajfa-8318	193	23	various	various	ADJ
ajfa-8318	193	24	real	real	ADJ
ajfa-8318	193	25	earnings	earning	NOUN
ajfa-8318	193	26	manipulation	manipulation	NOUN
ajfa-8318	193	27	methods	method	NOUN
ajfa-8318	193	28	on	on	ADP
ajfa-8318	193	29	the	the	DET
ajfa-8318	193	30	level	level	NOUN
ajfa-8318	193	31	of	of	ADP
ajfa-8318	193	32	cash	cash	NOUN
ajfa-8318	193	33	flow	flow	NOUN
ajfa-8318	193	34	from	from	ADP
ajfa-8318	193	35	operations	operation	NOUN
ajfa-8318	193	36	.	.	PUNCT
ajfa-8318	194	1	the	the	DET
ajfa-8318	194	2	negative	negative	ADJ
ajfa-8318	194	3	relations	relation	NOUN
ajfa-8318	194	4	between	between	ADP
ajfa-8318	194	5	ceo	ceo	NOUN
ajfa-8318	194	6	succession	succession	NOUN
ajfa-8318	194	7	and	and	CCONJ
ajfa-8318	194	8	most	most	ADJ
ajfa-8318	194	9	rem	rem	VERB
ajfa-8318	194	10	proxies	proxy	NOUN
ajfa-8318	194	11	indicate	indicate	VERB
ajfa-8318	194	12	that	that	SCONJ
ajfa-8318	194	13	incoming	incoming	ADJ
ajfa-8318	194	14	ceos	ceo	NOUN
ajfa-8318	194	15	are	be	AUX
ajfa-8318	194	16	less	less	ADV
ajfa-8318	194	17	likely	likely	ADJ
ajfa-8318	194	18	to	to	PART
ajfa-8318	194	19	manipulate	manipulate	VERB
ajfa-8318	194	20	earnings	earning	NOUN
ajfa-8318	194	21	in	in	ADP
ajfa-8318	194	22	ways	way	NOUN
ajfa-8318	194	23	that	that	PRON
ajfa-8318	194	24	impact	impact	VERB
ajfa-8318	194	25	real	real	ADJ
ajfa-8318	194	26	operating	operating	NOUN
ajfa-8318	194	27	activities	activity	NOUN
ajfa-8318	194	28	.	.	PUNCT
ajfa-8318	195	1	with	with	ADP
ajfa-8318	195	2	regard	regard	NOUN
ajfa-8318	195	3	to	to	ADP
ajfa-8318	195	4	the	the	DET
ajfa-8318	195	5	control	control	NOUN
ajfa-8318	195	6	variables	variable	NOUN
ajfa-8318	195	7	,	,	PUNCT
ajfa-8318	195	8	the	the	DET
ajfa-8318	195	9	coefficients	coefficient	NOUN
ajfa-8318	195	10	of	of	ADP
ajfa-8318	195	11	da	da	PROPN
ajfa-8318	195	12	are	be	AUX
ajfa-8318	195	13	positive	positive	ADJ
ajfa-8318	195	14	and	and	CCONJ
ajfa-8318	195	15	significant	significant	ADJ
ajfa-8318	195	16	for	for	ADP
ajfa-8318	195	17	all	all	DET
ajfa-8318	195	18	rem	rem	NOUN
ajfa-8318	195	19	proxies	proxy	NOUN
ajfa-8318	195	20	,	,	PUNCT
ajfa-8318	195	21	implying	imply	VERB
ajfa-8318	195	22	that	that	SCONJ
ajfa-8318	195	23	managers	manager	NOUN
ajfa-8318	195	24	may	may	AUX
ajfa-8318	195	25	use	use	VERB
ajfa-8318	195	26	both	both	DET
ajfa-8318	195	27	aem	aem	PROPN
ajfa-8318	195	28	and	and	CCONJ
ajfa-8318	195	29	rem	rem	X
ajfa-8318	195	30	at	at	ADP
ajfa-8318	195	31	the	the	DET
ajfa-8318	195	32	same	same	ADJ
ajfa-8318	195	33	time	time	NOUN
ajfa-8318	195	34	.	.	PUNCT
ajfa-8318	196	1	all	all	DET
ajfa-8318	196	2	coefficients	coefficient	NOUN
ajfa-8318	196	3	of	of	ADP
ajfa-8318	196	4	mb	mb	NOUN
ajfa-8318	196	5	and	and	CCONJ
ajfa-8318	196	6	roa	roa	PROPN
ajfa-8318	196	7	are	be	AUX
ajfa-8318	196	8	negative	negative	ADJ
ajfa-8318	196	9	and	and	CCONJ
ajfa-8318	196	10	significant	significant	ADJ
ajfa-8318	196	11	for	for	ADP
ajfa-8318	196	12	all	all	DET
ajfa-8318	196	13	rem	rem	NOUN
ajfa-8318	196	14	proxies	proxy	NOUN
ajfa-8318	196	15	,	,	PUNCT
ajfa-8318	196	16	implying	imply	VERB
ajfa-8318	196	17	that	that	SCONJ
ajfa-8318	196	18	firms	firm	NOUN
ajfa-8318	196	19	with	with	ADP
ajfa-8318	196	20	higher	high	ADJ
ajfa-8318	196	21	growth	growth	NOUN
ajfa-8318	196	22	rates	rate	NOUN
ajfa-8318	196	23	and	and	CCONJ
ajfa-8318	196	24	better	well	ADJ
ajfa-8318	196	25	performance	performance	NOUN
ajfa-8318	196	26	may	may	AUX
ajfa-8318	196	27	not	not	PART
ajfa-8318	196	28	need	need	VERB
ajfa-8318	196	29	to	to	PART
ajfa-8318	196	30	manage	manage	VERB
ajfa-8318	196	31	earnings	earning	NOUN
ajfa-8318	196	32	in	in	ADP
ajfa-8318	196	33	this	this	DET
ajfa-8318	196	34	way	way	NOUN
ajfa-8318	196	35	.	.	PUNCT
ajfa-8318	197	1	lnat	lnat	NOUN
ajfa-8318	197	2	is	be	AUX
ajfa-8318	197	3	negative	negative	ADJ
ajfa-8318	197	4	and	and	CCONJ
ajfa-8318	197	5	significant	significant	ADJ
ajfa-8318	197	6	for	for	ADP
ajfa-8318	197	7	ab_cfo	ab_cfo	NOUN
ajfa-8318	197	8	,	,	PUNCT
ajfa-8318	197	9	ab_prod	ab_prod	NOUN
ajfa-8318	197	10	,	,	PUNCT
ajfa-8318	197	11	and	and	CCONJ
ajfa-8318	197	12	ab_disexp	ab_disexp	NOUN
ajfa-8318	197	13	,	,	PUNCT
ajfa-8318	197	14	but	but	CCONJ
ajfa-8318	197	15	marginally	marginally	ADV
ajfa-8318	197	16	significant	significant	ADJ
ajfa-8318	197	17	for	for	ADP
ajfa-8318	197	18	sum_rem	sum_rem	PROPN
ajfa-8318	197	19	.	.	PUNCT
ajfa-8318	198	1	this	this	DET
ajfa-8318	198	2	result	result	NOUN
ajfa-8318	198	3	indicates	indicate	VERB
ajfa-8318	198	4	that	that	SCONJ
ajfa-8318	198	5	when	when	SCONJ
ajfa-8318	198	6	firms	firm	NOUN
ajfa-8318	198	7	are	be	AUX
ajfa-8318	198	8	larger	large	ADJ
ajfa-8318	198	9	,	,	PUNCT
ajfa-8318	198	10	they	they	PRON
ajfa-8318	198	11	are	be	AUX
ajfa-8318	198	12	less	less	ADV
ajfa-8318	198	13	likely	likely	ADJ
ajfa-8318	198	14	to	to	PART
ajfa-8318	198	15	engage	engage	VERB
ajfa-8318	198	16	in	in	ADP
ajfa-8318	198	17	rem	rem	PROPN
ajfa-8318	198	18	.	.	PROPN
ajfa-8318	198	19	litigation	litigation	NOUN
ajfa-8318	198	20	is	be	AUX
ajfa-8318	198	21	negatively	negatively	ADV
ajfa-8318	198	22	and	and	CCONJ
ajfa-8318	198	23	significantly	significantly	ADV
ajfa-8318	198	24	related	relate	VERB
ajfa-8318	198	25	to	to	ADP
ajfa-8318	198	26	sum_rem	sum_rem	PROPN
ajfa-8318	198	27	,	,	PUNCT
ajfa-8318	198	28	ab_cfo	ab_cfo	PROPN
ajfa-8318	198	29	,	,	PUNCT
ajfa-8318	198	30	and	and	CCONJ
ajfa-8318	198	31	ab_prod	ab_prod	NOUN
ajfa-8318	198	32	,	,	PUNCT
ajfa-8318	198	33	but	but	CCONJ
ajfa-8318	198	34	positively	positively	ADV
ajfa-8318	198	35	and	and	CCONJ
ajfa-8318	198	36	significantly	significantly	ADV
ajfa-8318	198	37	related	relate	VERB
ajfa-8318	198	38	to	to	ADP
ajfa-8318	198	39	ab_disexp	ab_disexp	PROPN
ajfa-8318	198	40	.	.	PUNCT
ajfa-8318	199	1	the	the	DET
ajfa-8318	199	2	results	result	NOUN
ajfa-8318	199	3	imply	imply	VERB
ajfa-8318	199	4	that	that	SCONJ
ajfa-8318	199	5	firms	firm	NOUN
ajfa-8318	199	6	in	in	ADP
ajfa-8318	199	7	high	high	ADJ
ajfa-8318	199	8	litigation	litigation	NOUN
ajfa-8318	199	9	industries	industry	NOUN
ajfa-8318	199	10	are	be	AUX
ajfa-8318	199	11	less	less	ADV
ajfa-8318	199	12	likely	likely	ADJ
ajfa-8318	199	13	to	to	PART
ajfa-8318	199	14	manage	manage	VERB
ajfa-8318	199	15	earnings	earning	NOUN
ajfa-8318	199	16	using	use	VERB
ajfa-8318	199	17	either	either	CCONJ
ajfa-8318	199	18	rem	rem	PROPN
ajfa-8318	199	19	or	or	CCONJ
ajfa-8318	199	20	aem	aem	PROPN
ajfa-8318	199	21	.	.	PROPN
ajfa-8318	200	1	consistent	consistent	ADJ
ajfa-8318	200	2	with	with	ADP
ajfa-8318	200	3	the	the	DET
ajfa-8318	200	4	prior	prior	ADJ
ajfa-8318	200	5	literature	literature	NOUN
ajfa-8318	200	6	,	,	PUNCT
ajfa-8318	200	7	lev	lev	NOUN
ajfa-8318	200	8	is	be	AUX
ajfa-8318	200	9	positively	positively	ADV
ajfa-8318	200	10	and	and	CCONJ
ajfa-8318	200	11	significantly	significantly	ADV
ajfa-8318	200	12	related	relate	VERB
ajfa-8318	200	13	to	to	ADP
ajfa-8318	200	14	all	all	DET
ajfa-8318	200	15	rem	rem	VERB
ajfa-8318	200	16	proxies	proxy	NOUN
ajfa-8318	200	17	,	,	PUNCT
ajfa-8318	200	18	implying	imply	VERB
ajfa-8318	200	19	that	that	SCONJ
ajfa-8318	200	20	high	high	ADJ
ajfa-8318	200	21	leverage	leverage	NOUN
ajfa-8318	200	22	firms	firm	NOUN
ajfa-8318	200	23	tend	tend	VERB
ajfa-8318	200	24	to	to	PART
ajfa-8318	200	25	use	use	VERB
ajfa-8318	200	26	rem	rem	VERB
ajfa-8318	200	27	to	to	PART
ajfa-8318	200	28	avoid	avoid	VERB
ajfa-8318	200	29	debt	debt	NOUN
ajfa-8318	200	30	covenant	covenant	ADJ
ajfa-8318	200	31	violations	violation	NOUN
ajfa-8318	200	32	(	(	PUNCT
ajfa-8318	200	33	roychowdhury	roychowdhury	NOUN
ajfa-8318	200	34	2006	2006	NUM
ajfa-8318	200	35	;	;	PUNCT
ajfa-8318	200	36	matsuura	matsuura	PROPN
ajfa-8318	200	37	2008	2008	NUM
ajfa-8318	200	38	)	)	PUNCT
ajfa-8318	200	39	.	.	PUNCT
ajfa-8318	201	1	big4	big4	PROPN
ajfa-8318	201	2	is	be	AUX
ajfa-8318	201	3	positively	positively	ADV
ajfa-8318	201	4	related	relate	VERB
ajfa-8318	201	5	with	with	ADP
ajfa-8318	201	6	most	most	ADJ
ajfa-8318	201	7	rem	rem	PUNCT
ajfa-8318	201	8	proxies	proxy	NOUN
ajfa-8318	201	9	,	,	PUNCT
ajfa-8318	201	10	indicating	indicate	VERB
ajfa-8318	201	11	that	that	SCONJ
ajfa-8318	201	12	firms	firm	NOUN
ajfa-8318	201	13	audited	audit	VERB
ajfa-8318	201	14	by	by	ADP
ajfa-8318	201	15	one	one	NUM
ajfa-8318	201	16	of	of	ADP
ajfa-8318	201	17	the	the	DET
ajfa-8318	201	18	big	big	ADJ
ajfa-8318	201	19	-	-	PUNCT
ajfa-8318	201	20	four	four	NUM
ajfa-8318	201	21	auditors	auditor	NOUN
ajfa-8318	201	22	shift	shift	VERB
ajfa-8318	201	23	from	from	ADP
ajfa-8318	201	24	using	use	VERB
ajfa-8318	201	25	aem	aem	PROPN
ajfa-8318	201	26	to	to	PART
ajfa-8318	201	27	rem	rem	PROPN
ajfa-8318	201	28	.	.	PUNCT
ajfa-8318	202	1	finally	finally	ADV
ajfa-8318	202	2	,	,	PUNCT
ajfa-8318	202	3	consistent	consistent	ADJ
ajfa-8318	202	4	with	with	ADP
ajfa-8318	202	5	the	the	DET
ajfa-8318	202	6	results	result	NOUN
ajfa-8318	202	7	of	of	ADP
ajfa-8318	202	8	the	the	DET
ajfa-8318	202	9	correlation	correlation	NOUN
ajfa-8318	202	10	tests	test	NOUN
ajfa-8318	202	11	,	,	PUNCT
ajfa-8318	202	12	the	the	DET
ajfa-8318	202	13	vifs	vif	NOUN
ajfa-8318	202	14	for	for	ADP
ajfa-8318	202	15	independent	independent	ADJ
ajfa-8318	202	16	variables	variable	NOUN
ajfa-8318	202	17	show	show	VERB
ajfa-8318	202	18	that	that	SCONJ
ajfa-8318	202	19	vifs	vif	NOUN
ajfa-8318	202	20	are	be	AUX
ajfa-8318	202	21	all	all	ADV
ajfa-8318	202	22	smaller	small	ADJ
ajfa-8318	202	23	than	than	ADP
ajfa-8318	202	24	2.3	2.3	NUM
ajfa-8318	202	25	,	,	PUNCT
ajfa-8318	202	26	suggesting	suggest	VERB
ajfa-8318	202	27	that	that	SCONJ
ajfa-8318	202	28	multicollinearity	multicollinearity	NOUN
ajfa-8318	202	29	is	be	AUX
ajfa-8318	202	30	not	not	PART
ajfa-8318	202	31	an	an	DET
ajfa-8318	202	32	issue	issue	NOUN
ajfa-8318	202	33	.	.	PUNCT
ajfa-8318	203	1	we	we	PRON
ajfa-8318	203	2	also	also	ADV
ajfa-8318	203	3	use	use	VERB
ajfa-8318	203	4	the	the	DET
ajfa-8318	203	5	nearest	near	ADJ
ajfa-8318	203	6	sales	sale	NOUN
ajfa-8318	203	7	to	to	PART
ajfa-8318	203	8	match	match	VERB
ajfa-8318	203	9	one	one	NUM
ajfa-8318	203	10	non	non	ADJ
ajfa-8318	203	11	-	-	ADJ
ajfa-8318	203	12	succession	succession	ADJ
ajfa-8318	203	13	observation	observation	NOUN
ajfa-8318	203	14	for	for	ADP
ajfa-8318	203	15	each	each	DET
ajfa-8318	203	16	succession	succession	NOUN
ajfa-8318	203	17	observation	observation	NOUN
ajfa-8318	203	18	,	,	PUNCT
ajfa-8318	203	19	and	and	CCONJ
ajfa-8318	203	20	the	the	DET
ajfa-8318	203	21	results	result	NOUN
ajfa-8318	203	22	are	be	AUX
ajfa-8318	203	23	consistent	consistent	ADJ
ajfa-8318	203	24	.	.	PUNCT
ajfa-8318	204	1	table	table	NOUN
ajfa-8318	204	2	2	2	NUM
ajfa-8318	204	3	.	.	X
ajfa-8318	204	4	results	result	NOUN
ajfa-8318	204	5	for	for	ADP
ajfa-8318	204	6	the	the	DET
ajfa-8318	204	7	relation	relation	NOUN
ajfa-8318	204	8	between	between	ADP
ajfa-8318	204	9	real	real	ADJ
ajfa-8318	204	10	earnings	earning	NOUN
ajfa-8318	204	11	management	management	NOUN
ajfa-8318	204	12	and	and	CCONJ
ajfa-8318	204	13	ceo	ceo	NOUN
ajfa-8318	204	14	succession	succession	NOUN
ajfa-8318	204	15	at	at	ADP
ajfa-8318	204	16	the	the	DET
ajfa-8318	204	17	succession	succession	NOUN
ajfa-8318	204	18	year	year	NOUN
ajfa-8318	204	19	variables	variable	NOUN
ajfa-8318	204	20	predicted	predict	VERB
ajfa-8318	204	21	sign	sign	VERB
ajfa-8318	204	22	dependent	dependent	ADJ
ajfa-8318	204	23	variable	variable	NOUN
ajfa-8318	204	24	(	(	PUNCT
ajfa-8318	204	25	n=2,339	n=2,339	PROPN
ajfa-8318	204	26	)	)	PUNCT
ajfa-8318	204	27	sum_rem	sum_rem	PROPN
ajfa-8318	205	1	ab_cfo1	ab_cfo1	ADV
ajfa-8318	205	2	ab_prod	ab_prod	PRON
ajfa-8318	205	3	ab_disexp1	ab_disexp1	NOUN
ajfa-8318	205	4	intercept	intercept	NOUN
ajfa-8318	205	5	?	?	PUNCT
ajfa-8318	206	1	-0.001	-0.001	NOUN
ajfa-8318	206	2	0.009	0.009	NUM
ajfa-8318	206	3	0.014	0.014	NUM
ajfa-8318	206	4	-0.024	-0.024	PUNCT
ajfa-8318	206	5	(	(	PUNCT
ajfa-8318	206	6	-0.02	-0.02	NOUN
ajfa-8318	206	7	)	)	PUNCT
ajfa-8318	206	8	(	(	PUNCT
ajfa-8318	206	9	0.91	0.91	NUM
ajfa-8318	206	10	)	)	PUNCT
ajfa-8318	206	11	(	(	PUNCT
ajfa-8318	206	12	0.75	0.75	NUM
ajfa-8318	206	13	)	)	PUNCT
ajfa-8318	206	14	(	(	PUNCT
ajfa-8318	206	15	-1.12	-1.12	NOUN
ajfa-8318	206	16	)	)	PUNCT
ajfa-8318	206	17	suc	suc	ADJ
ajfa-8318	206	18	?	?	PUNCT
ajfa-8318	207	1	-0.033	-0.033	PUNCT
ajfa-8318	208	1	*	*	PUNCT
ajfa-8318	208	2	*	*	PUNCT
ajfa-8318	208	3	*	*	NOUN
ajfa-8318	208	4	0.005	0.005	NUM
ajfa-8318	208	5	*	*	PUNCT
ajfa-8318	209	1	-0.016	-0.016	PUNCT
ajfa-8318	209	2	*	*	PUNCT
ajfa-8318	209	3	*	*	PUNCT
ajfa-8318	209	4	*	*	PUNCT
ajfa-8318	210	1	-0.021	-0.021	NOUN
ajfa-8318	210	2	*	*	PUNCT
ajfa-8318	210	3	*	*	PUNCT
ajfa-8318	210	4	*	*	PUNCT
ajfa-8318	210	5	(	(	PUNCT
ajfa-8318	210	6	-3.07	-3.07	NUM
ajfa-8318	210	7	)	)	PUNCT
ajfa-8318	210	8	(	(	PUNCT
ajfa-8318	210	9	1.88	1.88	NUM
ajfa-8318	210	10	)	)	PUNCT
ajfa-8318	210	11	(	(	PUNCT
ajfa-8318	210	12	-3.02	-3.02	NUM
ajfa-8318	210	13	)	)	PUNCT
ajfa-8318	210	14	(	(	PUNCT
ajfa-8318	210	15	-3.29	-3.29	X
ajfa-8318	210	16	)	)	PUNCT
ajfa-8318	210	17	da	da	NOUN
ajfa-8318	211	1	+	+	NUM
ajfa-8318	211	2	1.581	1.581	NUM
ajfa-8318	211	3	*	*	PUNCT
ajfa-8318	211	4	*	*	PUNCT
ajfa-8318	211	5	*	*	PUNCT
ajfa-8318	212	1	0.773	0.773	NUM
ajfa-8318	212	2	*	*	PUNCT
ajfa-8318	212	3	*	*	PUNCT
ajfa-8318	212	4	*	*	PUNCT
ajfa-8318	212	5	0.539	0.539	NUM
ajfa-8318	212	6	*	*	PUNCT
ajfa-8318	212	7	*	*	PUNCT
ajfa-8318	212	8	*	*	PUNCT
ajfa-8318	212	9	0.270	0.270	NUM
ajfa-8318	212	10	*	*	PUNCT
ajfa-8318	212	11	*	*	PUNCT
ajfa-8318	212	12	*	*	PUNCT
ajfa-8318	212	13	(	(	PUNCT
ajfa-8318	212	14	14.61	14.61	NUM
ajfa-8318	212	15	)	)	PUNCT
ajfa-8318	212	16	(	(	PUNCT
ajfa-8318	212	17	25.74	25.74	NUM
ajfa-8318	212	18	)	)	PUNCT
ajfa-8318	212	19	(	(	PUNCT
ajfa-8318	212	20	9.55	9.55	NUM
ajfa-8318	212	21	)	)	PUNCT
ajfa-8318	212	22	(	(	PUNCT
ajfa-8318	212	23	4.15	4.15	NUM
ajfa-8318	212	24	)	)	PUNCT
ajfa-8318	212	25	lnat	lnat	NOUN
ajfa-8318	212	26	?	?	PUNCT
ajfa-8318	212	27	-0.007	-0.007	PUNCT
ajfa-8318	213	1	*	*	PUNCT
ajfa-8318	213	2	-0.010	-0.010	PUNCT
ajfa-8318	214	1	*	*	PUNCT
ajfa-8318	214	2	*	*	PUNCT
ajfa-8318	214	3	*	*	PUNCT
ajfa-8318	214	4	-0.008	-0.008	PUNCT
ajfa-8318	215	1	*	*	PUNCT
ajfa-8318	215	2	*	*	PUNCT
ajfa-8318	215	3	*	*	PUNCT
ajfa-8318	216	1	0.011	0.011	NUM
ajfa-8318	216	2	*	*	PUNCT
ajfa-8318	216	3	*	*	PUNCT
ajfa-8318	216	4	*	*	PUNCT
ajfa-8318	216	5	(	(	PUNCT
ajfa-8318	216	6	-1.75	-1.75	NOUN
ajfa-8318	216	7	)	)	PUNCT
ajfa-8318	216	8	(	(	PUNCT
ajfa-8318	216	9	-9.46	-9.46	NUM
ajfa-8318	216	10	)	)	PUNCT
ajfa-8318	216	11	(	(	PUNCT
ajfa-8318	216	12	-3.73	-3.73	NOUN
ajfa-8318	216	13	)	)	PUNCT
ajfa-8318	216	14	(	(	PUNCT
ajfa-8318	216	15	4.65	4.65	NUM
ajfa-8318	216	16	)	)	PUNCT
ajfa-8318	216	17	mb	mb	ADP
ajfa-8318	216	18	?	?	PUNCT
ajfa-8318	216	19	-0.042	-0.042	PUNCT
ajfa-8318	217	1	*	*	PUNCT
ajfa-8318	217	2	*	*	PUNCT
ajfa-8318	217	3	*	*	PUNCT
ajfa-8318	217	4	-0.006	-0.006	X
ajfa-8318	217	5	*	*	PUNCT
ajfa-8318	217	6	*	*	PUNCT
ajfa-8318	217	7	*	*	PUNCT
ajfa-8318	217	8	-0.020	-0.020	PUNCT
ajfa-8318	218	1	*	*	PUNCT
ajfa-8318	218	2	*	*	PUNCT
ajfa-8318	218	3	*	*	PUNCT
ajfa-8318	218	4	-0.017	-0.017	X
ajfa-8318	218	5	*	*	PUNCT
ajfa-8318	218	6	*	*	PUNCT
ajfa-8318	218	7	*	*	PUNCT
ajfa-8318	218	8	(	(	PUNCT
ajfa-8318	218	9	-16.95	-16.95	NOUN
ajfa-8318	218	10	)	)	PUNCT
ajfa-8318	218	11	(	(	PUNCT
ajfa-8318	218	12	-8.55	-8.55	NUM
ajfa-8318	218	13	)	)	PUNCT
ajfa-8318	218	14	(	(	PUNCT
ajfa-8318	218	15	-15.18	-15.18	PROPN
ajfa-8318	218	16	)	)	PUNCT
ajfa-8318	218	17	(	(	PUNCT
ajfa-8318	218	18	-10.34	-10.34	PROPN
ajfa-8318	218	19	)	)	PUNCT
ajfa-8318	218	20	roa	roa	NOUN
ajfa-8318	218	21	?	?	PUNCT
ajfa-8318	219	1	-0.137	-0.137	X
ajfa-8318	220	1	*	*	PUNCT
ajfa-8318	220	2	*	*	PUNCT
ajfa-8318	220	3	*	*	PUNCT
ajfa-8318	220	4	-0.188	-0.188	PUNCT
ajfa-8318	220	5	*	*	PUNCT
ajfa-8318	220	6	*	*	PUNCT
ajfa-8318	220	7	*	*	PUNCT
ajfa-8318	220	8	-0.108	-0.108	PUNCT
ajfa-8318	220	9	*	*	PUNCT
ajfa-8318	220	10	*	*	PUNCT
ajfa-8318	220	11	*	*	PUNCT
ajfa-8318	220	12	0.159	0.159	NUM
ajfa-8318	220	13	*	*	PUNCT
ajfa-8318	220	14	*	*	PUNCT
ajfa-8318	220	15	*	*	PUNCT
ajfa-8318	220	16	(	(	PUNCT
ajfa-8318	220	17	-2.58	-2.58	NUM
ajfa-8318	220	18	)	)	PUNCT
ajfa-8318	220	19	(	(	PUNCT
ajfa-8318	220	20	-10.10	-10.10	PROPN
ajfa-8318	220	21	)	)	PUNCT
ajfa-8318	220	22	(	(	PUNCT
ajfa-8318	220	23	-3.60	-3.60	NUM
ajfa-8318	220	24	)	)	PUNCT
ajfa-8318	220	25	(	(	PUNCT
ajfa-8318	220	26	4.46	4.46	X
ajfa-8318	220	27	)	)	PUNCT
ajfa-8318	220	28	lev	lev	NOUN
ajfa-8318	220	29	+	+	CCONJ
ajfa-8318	220	30	0.392	0.392	NUM
ajfa-8318	220	31	*	*	PUNCT
ajfa-8318	220	32	*	*	PUNCT
ajfa-8318	220	33	*	*	PUNCT
ajfa-8318	221	1	0.110	0.110	NUM
ajfa-8318	221	2	*	*	PUNCT
ajfa-8318	221	3	*	*	PUNCT
ajfa-8318	221	4	*	*	PUNCT
ajfa-8318	221	5	0.180	0.180	NUM
ajfa-8318	221	6	*	*	PUNCT
ajfa-8318	221	7	*	*	PUNCT
ajfa-8318	221	8	*	*	PUNCT
ajfa-8318	221	9	0.102	0.102	NUM
ajfa-8318	221	10	*	*	PUNCT
ajfa-8318	221	11	*	*	PUNCT
ajfa-8318	221	12	*	*	PUNCT
ajfa-8318	221	13	(	(	PUNCT
ajfa-8318	221	14	12.63	12.63	NUM
ajfa-8318	221	15	)	)	PUNCT
ajfa-8318	221	16	(	(	PUNCT
ajfa-8318	221	17	12.5	12.5	NUM
ajfa-8318	221	18	)	)	PUNCT
ajfa-8318	221	19	(	(	PUNCT
ajfa-8318	221	20	11.25	11.25	NUM
ajfa-8318	221	21	)	)	PUNCT
ajfa-8318	221	22	(	(	PUNCT
ajfa-8318	221	23	5.18	5.18	NUM
ajfa-8318	221	24	)	)	PUNCT
ajfa-8318	221	25	big4	big4	NOUN
ajfa-8318	221	26	+	+	CCONJ
ajfa-8318	221	27	0.016	0.016	NUM
ajfa-8318	221	28	0.012	0.012	NUM
ajfa-8318	221	29	*	*	PUNCT
ajfa-8318	222	1	*	*	PUNCT
ajfa-8318	222	2	0.015	0.015	NUM
ajfa-8318	222	3	*	*	PUNCT
ajfa-8318	222	4	-0.011	-0.011	PRON
ajfa-8318	222	5	(	(	PUNCT
ajfa-8318	222	6	0.79	0.79	NUM
ajfa-8318	222	7	)	)	PUNCT
ajfa-8318	222	8	(	(	PUNCT
ajfa-8318	222	9	2.12	2.12	NUM
ajfa-8318	222	10	)	)	PUNCT
ajfa-8318	222	11	(	(	PUNCT
ajfa-8318	222	12	1.44	1.44	NUM
ajfa-8318	222	13	)	)	PUNCT
ajfa-8318	222	14	(	(	PUNCT
ajfa-8318	222	15	-0.85	-0.85	X
ajfa-8318	222	16	)	)	PUNCT
ajfa-8318	222	17	litigation	litigation	NOUN
ajfa-8318	222	18	+	+	CCONJ
ajfa-8318	222	19	-0.056	-0.056	NOUN
ajfa-8318	223	1	*	*	PUNCT
ajfa-8318	223	2	*	*	PUNCT
ajfa-8318	223	3	*	*	PUNCT
ajfa-8318	223	4	-0.026	-0.026	PUNCT
ajfa-8318	223	5	*	*	PUNCT
ajfa-8318	223	6	*	*	PUNCT
ajfa-8318	223	7	*	*	PUNCT
ajfa-8318	223	8	-0.049	-0.049	PUNCT
ajfa-8318	223	9	*	*	PUNCT
ajfa-8318	223	10	*	*	PUNCT
ajfa-8318	223	11	*	*	PUNCT
ajfa-8318	223	12	0.019	0.019	NUM
ajfa-8318	223	13	*	*	PUNCT
ajfa-8318	223	14	*	*	PUNCT
ajfa-8318	223	15	*	*	PUNCT
ajfa-8318	223	16	(	(	PUNCT
ajfa-8318	223	17	-4.39	-4.39	NOUN
ajfa-8318	223	18	)	)	PUNCT
ajfa-8318	223	19	(	(	PUNCT
ajfa-8318	223	20	-7.29	-7.29	NOUN
ajfa-8318	223	21	)	)	PUNCT
ajfa-8318	223	22	(	(	PUNCT
ajfa-8318	223	23	-7.19	-7.19	NOUN
ajfa-8318	223	24	)	)	PUNCT
ajfa-8318	223	25	(	(	PUNCT
ajfa-8318	223	26	2.40	2.40	NUM
ajfa-8318	223	27	)	)	PUNCT
ajfa-8318	223	28	year	year	NOUN
ajfa-8318	223	29	dummy	dummy	NOUN
ajfa-8318	224	1	yes	yes	INTJ
ajfa-8318	224	2	yes	yes	INTJ
ajfa-8318	225	1	yes	yes	INTJ
ajfa-8318	226	1	yes	yes	INTJ
ajfa-8318	226	2	model	model	NOUN
ajfa-8318	226	3	f	f	PROPN
ajfa-8318	226	4	value	value	NOUN
ajfa-8318	226	5	61.21	61.21	NUM
ajfa-8318	226	6	*	*	PUNCT
ajfa-8318	226	7	*	*	PUNCT
ajfa-8318	226	8	*	*	PUNCT
ajfa-8318	227	1	132.08	132.08	NUM
ajfa-8318	227	2	*	*	PUNCT
ajfa-8318	227	3	*	*	PUNCT
ajfa-8318	227	4	*	*	PUNCT
ajfa-8318	227	5	48.50	48.50	NUM
ajfa-8318	227	6	*	*	PUNCT
ajfa-8318	227	7	*	*	PUNCT
ajfa-8318	227	8	*	*	PUNCT
ajfa-8318	228	1	18.26	18.26	NUM
ajfa-8318	228	2	*	*	PUNCT
ajfa-8318	228	3	*	*	PUNCT
ajfa-8318	228	4	*	*	PUNCT
ajfa-8318	228	5	adj	adj	PROPN
ajfa-8318	228	6	.	.	PROPN
ajfa-8318	228	7	r2	r2	PROPN
ajfa-8318	228	8	30.45	30.45	NUM
ajfa-8318	228	9	%	%	NOUN
ajfa-8318	228	10	48.80	48.80	NUM
ajfa-8318	228	11	%	%	NOUN
ajfa-8318	228	12	25.67	25.67	NUM
ajfa-8318	228	13	%	%	NOUN
ajfa-8318	228	14	11.15	11.15	NUM
ajfa-8318	228	15	%	%	NOUN
ajfa-8318	228	16	asian	asian	ADJ
ajfa-8318	228	17	journal	journal	NOUN
ajfa-8318	228	18	of	of	ADP
ajfa-8318	228	19	finance	finance	PROPN
ajfa-8318	228	20	&	&	CCONJ
ajfa-8318	228	21	accounting	accounting	PROPN
ajfa-8318	228	22	issn	issn	PROPN
ajfa-8318	228	23	1946	1946	NUM
ajfa-8318	228	24	-	-	PUNCT
ajfa-8318	228	25	052x	052x	NOUN
ajfa-8318	228	26	2015	2015	NUM
ajfa-8318	228	27	,	,	PUNCT
ajfa-8318	228	28	vol	vol	NOUN
ajfa-8318	228	29	.	.	PROPN
ajfa-8318	228	30	7	7	NUM
ajfa-8318	228	31	,	,	PUNCT
ajfa-8318	228	32	no	no	INTJ
ajfa-8318	228	33	.	.	NOUN
ajfa-8318	228	34	2	2	NUM
ajfa-8318	228	35	131	131	NUM
ajfa-8318	228	36	1	1	NUM
ajfa-8318	228	37	the	the	DET
ajfa-8318	228	38	abnormal	abnormal	ADJ
ajfa-8318	228	39	levels	level	NOUN
ajfa-8318	228	40	of	of	ADP
ajfa-8318	228	41	cash	cash	NOUN
ajfa-8318	228	42	flow	flow	NOUN
ajfa-8318	228	43	from	from	ADP
ajfa-8318	228	44	operations	operation	NOUN
ajfa-8318	228	45	and	and	CCONJ
ajfa-8318	228	46	discretionary	discretionary	ADJ
ajfa-8318	228	47	expenditures	expenditure	NOUN
ajfa-8318	228	48	are	be	AUX
ajfa-8318	228	49	multiplied	multiply	VERB
ajfa-8318	228	50	by	by	ADP
ajfa-8318	228	51	-1	-1	PUNCT
ajfa-8318	228	52	,	,	PUNCT
ajfa-8318	228	53	so	so	SCONJ
ajfa-8318	228	54	that	that	SCONJ
ajfa-8318	228	55	higher	high	ADJ
ajfa-8318	228	56	values	value	NOUN
ajfa-8318	228	57	of	of	ADP
ajfa-8318	228	58	these	these	PRON
ajfa-8318	228	59	suggest	suggest	VERB
ajfa-8318	228	60	higher	high	ADJ
ajfa-8318	228	61	degrees	degree	NOUN
ajfa-8318	228	62	of	of	ADP
ajfa-8318	228	63	rem	rem	NOUN
ajfa-8318	228	64	.	.	NOUN
ajfa-8318	228	65	2	2	NUM
ajfa-8318	228	66	*	*	NOUN
ajfa-8318	228	67	,	,	PUNCT
ajfa-8318	228	68	*	*	PUNCT
ajfa-8318	228	69	*	*	PUNCT
ajfa-8318	228	70	,	,	PUNCT
ajfa-8318	228	71	*	*	PUNCT
ajfa-8318	228	72	*	*	PUNCT
ajfa-8318	228	73	*	*	PUNCT
ajfa-8318	228	74	denote	denote	NOUN
ajfa-8318	228	75	significance	significance	NOUN
ajfa-8318	228	76	at	at	ADP
ajfa-8318	228	77	the	the	DET
ajfa-8318	228	78	0.10	0.10	NUM
ajfa-8318	228	79	,	,	PUNCT
ajfa-8318	228	80	0.05	0.05	NUM
ajfa-8318	228	81	,	,	PUNCT
ajfa-8318	228	82	and	and	CCONJ
ajfa-8318	228	83	0.01	0.01	NUM
ajfa-8318	228	84	levels	level	NOUN
ajfa-8318	228	85	,	,	PUNCT
ajfa-8318	228	86	respectively	respectively	ADV
ajfa-8318	228	87	(	(	PUNCT
ajfa-8318	228	88	a	a	DET
ajfa-8318	228	89	one	one	NUM
ajfa-8318	228	90	-	-	PUNCT
ajfa-8318	228	91	tailed	tail	VERB
ajfa-8318	228	92	test	test	NOUN
ajfa-8318	228	93	for	for	ADP
ajfa-8318	228	94	the	the	DET
ajfa-8318	228	95	coefficients	coefficient	NOUN
ajfa-8318	228	96	with	with	ADP
ajfa-8318	228	97	predicted	predict	VERB
ajfa-8318	228	98	signs	sign	NOUN
ajfa-8318	228	99	,	,	PUNCT
ajfa-8318	228	100	and	and	CCONJ
ajfa-8318	228	101	a	a	DET
ajfa-8318	228	102	two	two	NUM
ajfa-8318	228	103	-	-	PUNCT
ajfa-8318	228	104	tailed	tail	VERB
ajfa-8318	228	105	test	test	NOUN
ajfa-8318	228	106	otherwise	otherwise	ADV
ajfa-8318	228	107	)	)	PUNCT
ajfa-8318	228	108	.	.	PUNCT
ajfa-8318	229	1	3an	3an	ADJ
ajfa-8318	229	2	analysis	analysis	NOUN
ajfa-8318	229	3	of	of	ADP
ajfa-8318	229	4	the	the	DET
ajfa-8318	229	5	variance	variance	NOUN
ajfa-8318	229	6	inflationary	inflationary	ADJ
ajfa-8318	229	7	factors	factor	NOUN
ajfa-8318	229	8	(	(	PUNCT
ajfa-8318	229	9	vifs	vifs	PROPN
ajfa-8318	229	10	)	)	PUNCT
ajfa-8318	229	11	for	for	ADP
ajfa-8318	229	12	each	each	DET
ajfa-8318	229	13	model	model	NOUN
ajfa-8318	229	14	reveals	reveal	VERB
ajfa-8318	229	15	that	that	SCONJ
ajfa-8318	229	16	vifs	vif	NOUN
ajfa-8318	229	17	are	be	AUX
ajfa-8318	229	18	all	all	ADV
ajfa-8318	229	19	smaller	small	ADJ
ajfa-8318	229	20	than	than	ADP
ajfa-8318	229	21	2.3	2.3	NUM
ajfa-8318	229	22	,	,	PUNCT
ajfa-8318	229	23	suggesting	suggest	VERB
ajfa-8318	229	24	that	that	SCONJ
ajfa-8318	229	25	multicollinearity	multicollinearity	NOUN
ajfa-8318	229	26	is	be	AUX
ajfa-8318	229	27	not	not	PART
ajfa-8318	229	28	an	an	DET
ajfa-8318	229	29	issue	issue	NOUN
ajfa-8318	229	30	.	.	PUNCT
ajfa-8318	230	1	4variable	4variable	NUM
ajfa-8318	230	2	definitions	definition	NOUN
ajfa-8318	230	3	are	be	AUX
ajfa-8318	230	4	shown	show	VERB
ajfa-8318	230	5	in	in	ADP
ajfa-8318	230	6	table	table	NOUN
ajfa-8318	230	7	1	1	NUM
ajfa-8318	230	8	.	.	PUNCT
ajfa-8318	231	1	4.2.2	4.2.2	NUM
ajfa-8318	231	2	results	result	VERB
ajfa-8318	231	3	for	for	ADP
ajfa-8318	231	4	the	the	DET
ajfa-8318	231	5	relation	relation	NOUN
ajfa-8318	231	6	between	between	ADP
ajfa-8318	231	7	real	real	ADJ
ajfa-8318	231	8	earnings	earning	NOUN
ajfa-8318	231	9	management	management	NOUN
ajfa-8318	231	10	and	and	CCONJ
ajfa-8318	231	11	the	the	DET
ajfa-8318	231	12	market	market	NOUN
ajfa-8318	231	13	reaction	reaction	NOUN
ajfa-8318	231	14	on	on	ADP
ajfa-8318	231	15	ceo	ceo	NOUN
ajfa-8318	231	16	succession	succession	NOUN
ajfa-8318	231	17	(	(	PUNCT
ajfa-8318	231	18	h2	h2	NOUN
ajfa-8318	231	19	)	)	PUNCT
ajfa-8318	231	20	table	table	NOUN
ajfa-8318	231	21	3	3	NUM
ajfa-8318	231	22	shows	show	VERB
ajfa-8318	231	23	the	the	DET
ajfa-8318	231	24	results	result	NOUN
ajfa-8318	231	25	of	of	ADP
ajfa-8318	231	26	the	the	DET
ajfa-8318	231	27	tests	test	NOUN
ajfa-8318	231	28	of	of	ADP
ajfa-8318	231	29	hypothesis	hypothesis	NOUN
ajfa-8318	231	30	two	two	NUM
ajfa-8318	231	31	.	.	PUNCT
ajfa-8318	232	1	the	the	DET
ajfa-8318	232	2	explanatory	explanatory	ADJ
ajfa-8318	232	3	powers	power	NOUN
ajfa-8318	232	4	of	of	ADP
ajfa-8318	232	5	the	the	DET
ajfa-8318	232	6	models	model	NOUN
ajfa-8318	232	7	are	be	AUX
ajfa-8318	232	8	all	all	ADV
ajfa-8318	232	9	significant	significant	ADJ
ajfa-8318	232	10	at	at	ADP
ajfa-8318	232	11	a	a	DET
ajfa-8318	232	12	level	level	NOUN
ajfa-8318	232	13	of	of	ADP
ajfa-8318	232	14	1	1	NUM
ajfa-8318	232	15	%	%	NOUN
ajfa-8318	232	16	,	,	PUNCT
ajfa-8318	232	17	with	with	ADP
ajfa-8318	232	18	adjusted	adjusted	ADJ
ajfa-8318	232	19	r2	r2	NOUN
ajfa-8318	232	20	values	value	NOUN
ajfa-8318	232	21	between	between	ADP
ajfa-8318	232	22	10	10	NUM
ajfa-8318	232	23	%	%	NOUN
ajfa-8318	232	24	and	and	CCONJ
ajfa-8318	232	25	53	53	NUM
ajfa-8318	232	26	%	%	NOUN
ajfa-8318	232	27	.	.	PUNCT
ajfa-8318	233	1	in	in	ADP
ajfa-8318	233	2	panel	panel	NOUN
ajfa-8318	233	3	a	a	X
ajfa-8318	233	4	,	,	PUNCT
ajfa-8318	233	5	it	it	PRON
ajfa-8318	233	6	shows	show	VERB
ajfa-8318	233	7	the	the	DET
ajfa-8318	233	8	results	result	NOUN
ajfa-8318	233	9	for	for	ADP
ajfa-8318	233	10	the	the	DET
ajfa-8318	233	11	aggregated	aggregate	VERB
ajfa-8318	233	12	value	value	NOUN
ajfa-8318	233	13	of	of	ADP
ajfa-8318	233	14	three	three	NUM
ajfa-8318	233	15	individual	individual	ADJ
ajfa-8318	233	16	rem	rem	X
ajfa-8318	233	17	variables	variable	NOUN
ajfa-8318	233	18	(	(	PUNCT
ajfa-8318	233	19	sum_rem	sum_rem	NUM
ajfa-8318	233	20	)	)	PUNCT
ajfa-8318	233	21	.	.	PUNCT
ajfa-8318	234	1	we	we	PRON
ajfa-8318	234	2	first	first	ADV
ajfa-8318	234	3	use	use	VERB
ajfa-8318	234	4	equation	equation	NOUN
ajfa-8318	234	5	(	(	PUNCT
ajfa-8318	234	6	2	2	NUM
ajfa-8318	234	7	)	)	PUNCT
ajfa-8318	234	8	to	to	PART
ajfa-8318	234	9	examine	examine	VERB
ajfa-8318	234	10	the	the	DET
ajfa-8318	234	11	relationship	relationship	NOUN
ajfa-8318	234	12	between	between	ADP
ajfa-8318	234	13	car	car	NOUN
ajfa-8318	234	14	and	and	CCONJ
ajfa-8318	234	15	sum_rem	sum_rem	NOUN
ajfa-8318	234	16	.	.	PUNCT
ajfa-8318	235	1	the	the	DET
ajfa-8318	235	2	coefficient	coefficient	NOUN
ajfa-8318	235	3	on	on	ADP
ajfa-8318	235	4	car	car	NOUN
ajfa-8318	235	5	in	in	ADP
ajfa-8318	235	6	the	the	DET
ajfa-8318	235	7	full	full	ADJ
ajfa-8318	235	8	sample	sample	NOUN
ajfa-8318	235	9	is	be	AUX
ajfa-8318	235	10	negative	negative	ADJ
ajfa-8318	235	11	(	(	PUNCT
ajfa-8318	235	12	-0.398	-0.398	NUM
ajfa-8318	235	13	)	)	PUNCT
ajfa-8318	235	14	and	and	CCONJ
ajfa-8318	235	15	significant	significant	ADJ
ajfa-8318	235	16	at	at	ADP
ajfa-8318	235	17	the	the	DET
ajfa-8318	235	18	1	1	NUM
ajfa-8318	235	19	%	%	NOUN
ajfa-8318	235	20	level	level	NOUN
ajfa-8318	235	21	,	,	PUNCT
ajfa-8318	235	22	suggesting	suggest	VERB
ajfa-8318	235	23	that	that	SCONJ
ajfa-8318	235	24	the	the	DET
ajfa-8318	235	25	new	new	ADJ
ajfa-8318	235	26	ceo	ceo	NOUN
ajfa-8318	235	27	who	who	PRON
ajfa-8318	235	28	face	face	VERB
ajfa-8318	235	29	greater	great	ADJ
ajfa-8318	235	30	pressure	pressure	NOUN
ajfa-8318	235	31	from	from	ADP
ajfa-8318	235	32	the	the	DET
ajfa-8318	235	33	market	market	NOUN
ajfa-8318	235	34	(	(	PUNCT
ajfa-8318	235	35	negative	negative	ADJ
ajfa-8318	235	36	market	market	NOUN
ajfa-8318	235	37	reaction	reaction	NOUN
ajfa-8318	235	38	)	)	PUNCT
ajfa-8318	235	39	are	be	AUX
ajfa-8318	235	40	more	more	ADV
ajfa-8318	235	41	likely	likely	ADJ
ajfa-8318	235	42	to	to	PART
ajfa-8318	235	43	engage	engage	VERB
ajfa-8318	235	44	in	in	ADP
ajfa-8318	235	45	rem	rem	PROPN
ajfa-8318	235	46	.	.	PROPN
ajfa-8318	235	47	next	next	ADV
ajfa-8318	235	48	,	,	PUNCT
ajfa-8318	235	49	we	we	PRON
ajfa-8318	235	50	further	far	ADV
ajfa-8318	235	51	divide	divide	VERB
ajfa-8318	235	52	car	car	NOUN
ajfa-8318	235	53	into	into	ADP
ajfa-8318	235	54	two	two	NUM
ajfa-8318	235	55	groups	group	NOUN
ajfa-8318	235	56	:	:	PUNCT
ajfa-8318	235	57	positive	positive	ADJ
ajfa-8318	235	58	car	car	NOUN
ajfa-8318	235	59	(	(	PUNCT
ajfa-8318	235	60	car>0	car>0	NOUN
ajfa-8318	235	61	)	)	PUNCT
ajfa-8318	235	62	and	and	CCONJ
ajfa-8318	235	63	negative	negative	ADJ
ajfa-8318	235	64	car	car	NOUN
ajfa-8318	235	65	(	(	PUNCT
ajfa-8318	235	66	car<0	car<0	NOUN
ajfa-8318	235	67	)	)	PUNCT
ajfa-8318	235	68	.	.	PUNCT
ajfa-8318	236	1	since	since	SCONJ
ajfa-8318	236	2	car	car	NOUN
ajfa-8318	236	3	*	*	PUNCT
ajfa-8318	236	4	in	in	ADP
ajfa-8318	236	5	these	these	DET
ajfa-8318	236	6	two	two	NUM
ajfa-8318	236	7	subgroups	subgroup	NOUN
ajfa-8318	236	8	proxies	proxie	VERB
ajfa-8318	236	9	the	the	DET
ajfa-8318	236	10	absolute	absolute	ADJ
ajfa-8318	236	11	value	value	NOUN
ajfa-8318	236	12	of	of	ADP
ajfa-8318	236	13	car	car	NOUN
ajfa-8318	236	14	,	,	PUNCT
ajfa-8318	236	15	firms	firm	NOUN
ajfa-8318	236	16	with	with	ADP
ajfa-8318	236	17	positive	positive	ADJ
ajfa-8318	236	18	coefficients	coefficient	NOUN
ajfa-8318	236	19	of	of	ADP
ajfa-8318	236	20	car	car	NOUN
ajfa-8318	236	21	*	*	PUNCT
ajfa-8318	236	22	indicate	indicate	VERB
ajfa-8318	236	23	that	that	SCONJ
ajfa-8318	236	24	firms	firm	NOUN
ajfa-8318	236	25	are	be	AUX
ajfa-8318	236	26	more	more	ADV
ajfa-8318	236	27	likely	likely	ADJ
ajfa-8318	236	28	to	to	PART
ajfa-8318	236	29	undertake	undertake	VERB
ajfa-8318	236	30	real	real	ADJ
ajfa-8318	236	31	activities	activity	NOUN
ajfa-8318	236	32	management	management	NOUN
ajfa-8318	236	33	.	.	PUNCT
ajfa-8318	237	1	in	in	ADP
ajfa-8318	237	2	column	column	NOUN
ajfa-8318	237	3	2	2	NUM
ajfa-8318	237	4	,	,	PUNCT
ajfa-8318	237	5	the	the	DET
ajfa-8318	237	6	coefficient	coefficient	NOUN
ajfa-8318	237	7	for	for	ADP
ajfa-8318	237	8	the	the	DET
ajfa-8318	237	9	absolute	absolute	ADJ
ajfa-8318	237	10	value	value	NOUN
ajfa-8318	237	11	of	of	ADP
ajfa-8318	237	12	negative	negative	ADJ
ajfa-8318	237	13	car	car	NOUN
ajfa-8318	237	14	is	be	AUX
ajfa-8318	237	15	positive	positive	ADJ
ajfa-8318	237	16	(	(	PUNCT
ajfa-8318	237	17	0.430	0.430	NUM
ajfa-8318	237	18	)	)	PUNCT
ajfa-8318	237	19	and	and	CCONJ
ajfa-8318	237	20	significant	significant	ADJ
ajfa-8318	237	21	at	at	ADP
ajfa-8318	237	22	the	the	DET
ajfa-8318	237	23	5	5	NUM
ajfa-8318	237	24	%	%	NOUN
ajfa-8318	237	25	level	level	NOUN
ajfa-8318	237	26	.	.	PUNCT
ajfa-8318	238	1	conversely	conversely	ADV
ajfa-8318	238	2	,	,	PUNCT
ajfa-8318	238	3	in	in	ADP
ajfa-8318	238	4	column	column	NOUN
ajfa-8318	238	5	3	3	NUM
ajfa-8318	238	6	,	,	PUNCT
ajfa-8318	238	7	the	the	DET
ajfa-8318	238	8	coefficient	coefficient	NOUN
ajfa-8318	238	9	for	for	ADP
ajfa-8318	238	10	the	the	DET
ajfa-8318	238	11	absolute	absolute	ADJ
ajfa-8318	238	12	value	value	NOUN
ajfa-8318	238	13	of	of	ADP
ajfa-8318	238	14	positive	positive	ADJ
ajfa-8318	238	15	car	car	NOUN
ajfa-8318	238	16	is	be	AUX
ajfa-8318	238	17	negative	negative	ADJ
ajfa-8318	238	18	(	(	PUNCT
ajfa-8318	238	19	-0.769	-0.769	NUM
ajfa-8318	238	20	)	)	PUNCT
ajfa-8318	238	21	and	and	CCONJ
ajfa-8318	238	22	significant	significant	ADJ
ajfa-8318	238	23	at	at	ADP
ajfa-8318	238	24	the	the	DET
ajfa-8318	238	25	1	1	NUM
ajfa-8318	238	26	%	%	NOUN
ajfa-8318	238	27	level	level	NOUN
ajfa-8318	238	28	.	.	PUNCT
ajfa-8318	239	1	by	by	ADP
ajfa-8318	239	2	using	use	VERB
ajfa-8318	239	3	wald	wald	PROPN
ajfa-8318	239	4	coefficient	coefficient	PROPN
ajfa-8318	239	5	test	test	NOUN
ajfa-8318	239	6	to	to	PART
ajfa-8318	239	7	analyze	analyze	VERB
ajfa-8318	239	8	the	the	DET
ajfa-8318	239	9	coefficient	coefficient	NOUN
ajfa-8318	239	10	difference	difference	NOUN
ajfa-8318	239	11	of	of	ADP
ajfa-8318	239	12	car	car	NOUN
ajfa-8318	239	13	*	*	PUNCT
ajfa-8318	239	14	between	between	ADP
ajfa-8318	239	15	these	these	DET
ajfa-8318	239	16	two	two	NUM
ajfa-8318	239	17	sub	sub	NOUN
ajfa-8318	239	18	-	-	NOUN
ajfa-8318	239	19	samples	sample	NOUN
ajfa-8318	239	20	,	,	PUNCT
ajfa-8318	239	21	the	the	DET
ajfa-8318	239	22	result	result	NOUN
ajfa-8318	239	23	shows	show	VERB
ajfa-8318	239	24	that	that	SCONJ
ajfa-8318	239	25	ceo	ceo	NOUN
ajfa-8318	239	26	succession	succession	NOUN
ajfa-8318	239	27	firms	firm	NOUN
ajfa-8318	239	28	with	with	ADP
ajfa-8318	239	29	negative	negative	ADJ
ajfa-8318	239	30	car	car	NOUN
ajfa-8318	239	31	are	be	AUX
ajfa-8318	239	32	more	more	ADV
ajfa-8318	239	33	likely	likely	ADJ
ajfa-8318	239	34	to	to	PART
ajfa-8318	239	35	engage	engage	VERB
ajfa-8318	239	36	in	in	ADP
ajfa-8318	239	37	rem	rem	NOUN
ajfa-8318	239	38	,	,	PUNCT
ajfa-8318	239	39	as	as	SCONJ
ajfa-8318	239	40	measured	measure	VERB
ajfa-8318	239	41	by	by	ADP
ajfa-8318	239	42	sum_rem	sum_rem	PROPN
ajfa-8318	239	43	,	,	PUNCT
ajfa-8318	239	44	than	than	ADP
ajfa-8318	239	45	ceo	ceo	NOUN
ajfa-8318	239	46	succession	succession	NOUN
ajfa-8318	239	47	firms	firm	NOUN
ajfa-8318	239	48	with	with	ADP
ajfa-8318	239	49	positive	positive	ADJ
ajfa-8318	239	50	car	car	NOUN
ajfa-8318	239	51	,	,	PUNCT
ajfa-8318	239	52	significant	significant	ADJ
ajfa-8318	239	53	at	at	ADP
ajfa-8318	239	54	the	the	DET
ajfa-8318	239	55	1	1	NUM
ajfa-8318	239	56	%	%	NOUN
ajfa-8318	239	57	level	level	NOUN
ajfa-8318	239	58	(	(	PUNCT
ajfa-8318	239	59	f	f	NOUN
ajfa-8318	239	60	-	-	PUNCT
ajfa-8318	239	61	value=3.66	value=3.66	NOUN
ajfa-8318	239	62	)	)	PUNCT
ajfa-8318	239	63	.	.	PUNCT
ajfa-8318	240	1	these	these	DET
ajfa-8318	240	2	results	result	NOUN
ajfa-8318	240	3	thus	thus	ADV
ajfa-8318	240	4	support	support	VERB
ajfa-8318	240	5	hypothesis	hypothesis	NOUN
ajfa-8318	240	6	two	two	NUM
ajfa-8318	240	7	.	.	PUNCT
ajfa-8318	241	1	similarly	similarly	ADV
ajfa-8318	241	2	,	,	PUNCT
ajfa-8318	241	3	panel	panel	NOUN
ajfa-8318	241	4	b	b	PROPN
ajfa-8318	241	5	to	to	ADP
ajfa-8318	241	6	d	d	PROPN
ajfa-8318	241	7	of	of	ADP
ajfa-8318	241	8	table	table	NOUN
ajfa-8318	241	9	3	3	NUM
ajfa-8318	241	10	shows	show	VERB
ajfa-8318	241	11	the	the	DET
ajfa-8318	241	12	results	result	NOUN
ajfa-8318	241	13	for	for	ADP
ajfa-8318	241	14	three	three	NUM
ajfa-8318	241	15	separate	separate	ADJ
ajfa-8318	241	16	proxies	proxy	NOUN
ajfa-8318	241	17	of	of	ADP
ajfa-8318	241	18	rem	rem	PROPN
ajfa-8318	241	19	.	.	PROPN
ajfa-8318	241	20	for	for	ADP
ajfa-8318	241	21	brevity	brevity	NOUN
ajfa-8318	241	22	,	,	PUNCT
ajfa-8318	241	23	we	we	PRON
ajfa-8318	241	24	only	only	ADV
ajfa-8318	241	25	summarize	summarize	VERB
ajfa-8318	241	26	the	the	DET
ajfa-8318	241	27	results	result	NOUN
ajfa-8318	241	28	about	about	ADP
ajfa-8318	241	29	the	the	DET
ajfa-8318	241	30	main	main	ADJ
ajfa-8318	241	31	variable	variable	NOUN
ajfa-8318	241	32	.	.	PUNCT
ajfa-8318	242	1	the	the	DET
ajfa-8318	242	2	results	result	NOUN
ajfa-8318	242	3	show	show	VERB
ajfa-8318	242	4	that	that	SCONJ
ajfa-8318	242	5	the	the	DET
ajfa-8318	242	6	coefficient	coefficient	NOUN
ajfa-8318	242	7	of	of	ADP
ajfa-8318	242	8	car	car	NOUN
ajfa-8318	242	9	in	in	ADP
ajfa-8318	242	10	the	the	DET
ajfa-8318	242	11	full	full	ADJ
ajfa-8318	242	12	sample	sample	NOUN
ajfa-8318	242	13	is	be	AUX
ajfa-8318	242	14	negatively	negatively	ADV
ajfa-8318	242	15	and	and	CCONJ
ajfa-8318	242	16	significantly	significantly	ADV
ajfa-8318	242	17	(	(	PUNCT
ajfa-8318	242	18	p	p	X
ajfa-8318	242	19	-	-	PUNCT
ajfa-8318	242	20	value<0.05	value<0.05	NOUN
ajfa-8318	242	21	at	at	ADP
ajfa-8318	242	22	least	least	ADJ
ajfa-8318	242	23	)	)	PUNCT
ajfa-8318	242	24	related	relate	VERB
ajfa-8318	242	25	to	to	ADP
ajfa-8318	242	26	overproduction	overproduction	NOUN
ajfa-8318	242	27	(	(	PUNCT
ajfa-8318	242	28	ab_prod	ab_prod	ADJ
ajfa-8318	242	29	)	)	PUNCT
ajfa-8318	242	30	and	and	CCONJ
ajfa-8318	242	31	abnormal	abnormal	ADJ
ajfa-8318	242	32	discretionary	discretionary	ADJ
ajfa-8318	242	33	expenditures	expenditure	NOUN
ajfa-8318	242	34	(	(	PUNCT
ajfa-8318	242	35	ab_disexp	ab_disexp	NOUN
ajfa-8318	242	36	)	)	PUNCT
ajfa-8318	242	37	.	.	PUNCT
ajfa-8318	243	1	most	most	ADJ
ajfa-8318	243	2	coefficients	coefficient	NOUN
ajfa-8318	243	3	of	of	ADP
ajfa-8318	243	4	car	car	NOUN
ajfa-8318	243	5	*	*	PUNCT
ajfa-8318	243	6	for	for	ADP
ajfa-8318	243	7	the	the	DET
ajfa-8318	243	8	car<0	car<0	PROPN
ajfa-8318	243	9	group	group	NOUN
ajfa-8318	243	10	(	(	PUNCT
ajfa-8318	243	11	car>0	car>0	PROPN
ajfa-8318	243	12	group	group	NOUN
ajfa-8318	243	13	)	)	PUNCT
ajfa-8318	243	14	are	be	AUX
ajfa-8318	243	15	significant	significant	ADJ
ajfa-8318	243	16	and	and	CCONJ
ajfa-8318	243	17	positive	positive	ADJ
ajfa-8318	243	18	(	(	PUNCT
ajfa-8318	243	19	negative	negative	ADJ
ajfa-8318	243	20	)	)	PUNCT
ajfa-8318	243	21	.	.	PUNCT
ajfa-8318	244	1	and	and	CCONJ
ajfa-8318	244	2	the	the	DET
ajfa-8318	244	3	wald	wald	PROPN
ajfa-8318	244	4	coefficient	coefficient	PROPN
ajfa-8318	244	5	test	test	NOUN
ajfa-8318	244	6	to	to	PART
ajfa-8318	244	7	examine	examine	VERB
ajfa-8318	244	8	the	the	DET
ajfa-8318	244	9	differences	difference	NOUN
ajfa-8318	244	10	in	in	ADP
ajfa-8318	244	11	coefficients	coefficient	NOUN
ajfa-8318	244	12	between	between	ADP
ajfa-8318	244	13	these	these	DET
ajfa-8318	244	14	two	two	NUM
ajfa-8318	244	15	groups	group	NOUN
ajfa-8318	244	16	shows	show	VERB
ajfa-8318	244	17	that	that	SCONJ
ajfa-8318	244	18	ceo	ceo	NOUN
ajfa-8318	244	19	succession	succession	NOUN
ajfa-8318	244	20	firms	firm	NOUN
ajfa-8318	244	21	with	with	ADP
ajfa-8318	244	22	negative	negative	ADJ
ajfa-8318	244	23	car	car	NOUN
ajfa-8318	244	24	are	be	AUX
ajfa-8318	244	25	more	more	ADV
ajfa-8318	244	26	likely	likely	ADJ
ajfa-8318	244	27	to	to	PART
ajfa-8318	244	28	engage	engage	VERB
ajfa-8318	244	29	in	in	ADP
ajfa-8318	244	30	rem	rem	NOUN
ajfa-8318	244	31	,	,	PUNCT
ajfa-8318	244	32	as	as	SCONJ
ajfa-8318	244	33	measured	measure	VERB
ajfa-8318	244	34	by	by	ADP
ajfa-8318	244	35	ab_cfo	ab_cfo	PROPN
ajfa-8318	244	36	,	,	PUNCT
ajfa-8318	244	37	ab_prod	ab_prod	NOUN
ajfa-8318	244	38	,	,	PUNCT
ajfa-8318	244	39	and	and	CCONJ
ajfa-8318	244	40	ab_disexp	ab_disexp	NOUN
ajfa-8318	244	41	,	,	PUNCT
ajfa-8318	244	42	than	than	ADP
ajfa-8318	244	43	those	those	PRON
ajfa-8318	244	44	with	with	ADP
ajfa-8318	244	45	positive	positive	ADJ
ajfa-8318	244	46	car	car	NOUN
ajfa-8318	244	47	.	.	PUNCT
ajfa-8318	245	1	hypothesis	hypothesis	NOUN
ajfa-8318	245	2	two	two	NUM
ajfa-8318	245	3	is	be	AUX
ajfa-8318	245	4	also	also	ADV
ajfa-8318	245	5	supported	support	VERB
ajfa-8318	245	6	by	by	ADP
ajfa-8318	245	7	these	these	DET
ajfa-8318	245	8	findings	finding	NOUN
ajfa-8318	245	9	.	.	PUNCT
ajfa-8318	246	1	finally	finally	ADV
ajfa-8318	246	2	,	,	PUNCT
ajfa-8318	246	3	the	the	DET
ajfa-8318	246	4	results	result	NOUN
ajfa-8318	246	5	regarding	regard	VERB
ajfa-8318	246	6	to	to	PART
ajfa-8318	246	7	control	control	VERB
ajfa-8318	246	8	variables	variable	NOUN
ajfa-8318	246	9	in	in	ADP
ajfa-8318	246	10	table	table	NOUN
ajfa-8318	246	11	3	3	NUM
ajfa-8318	246	12	are	be	AUX
ajfa-8318	246	13	qualitatively	qualitatively	ADV
ajfa-8318	246	14	the	the	DET
ajfa-8318	246	15	same	same	ADJ
ajfa-8318	246	16	as	as	ADP
ajfa-8318	246	17	those	those	PRON
ajfa-8318	246	18	reported	report	VERB
ajfa-8318	246	19	in	in	ADP
ajfa-8318	246	20	table	table	NOUN
ajfa-8318	246	21	2	2	NUM
ajfa-8318	246	22	.	.	PUNCT
ajfa-8318	246	23	asian	asian	ADJ
ajfa-8318	246	24	journal	journal	PROPN
ajfa-8318	246	25	of	of	ADP
ajfa-8318	246	26	finance	finance	PROPN
ajfa-8318	246	27	&	&	CCONJ
ajfa-8318	246	28	accounting	accounting	PROPN
ajfa-8318	246	29	issn	issn	PROPN
ajfa-8318	246	30	1946	1946	NUM
ajfa-8318	246	31	-	-	PUNCT
ajfa-8318	246	32	052x	052x	NOUN
ajfa-8318	246	33	2015	2015	NUM
ajfa-8318	246	34	,	,	PUNCT
ajfa-8318	246	35	vol	vol	NOUN
ajfa-8318	246	36	.	.	PROPN
ajfa-8318	247	1	7	7	NUM
ajfa-8318	247	2	,	,	PUNCT
ajfa-8318	247	3	no	no	INTJ
ajfa-8318	247	4	.	.	NOUN
ajfa-8318	247	5	2	2	NUM
ajfa-8318	247	6	132	132	NUM
ajfa-8318	247	7	table	table	NOUN
ajfa-8318	247	8	3	3	NUM
ajfa-8318	247	9	.	.	NOUN
ajfa-8318	247	10	results	result	NOUN
ajfa-8318	247	11	for	for	ADP
ajfa-8318	247	12	the	the	DET
ajfa-8318	247	13	level	level	NOUN
ajfa-8318	247	14	of	of	ADP
ajfa-8318	247	15	real	real	ADJ
ajfa-8318	247	16	earnings	earning	NOUN
ajfa-8318	247	17	management	management	NOUN
ajfa-8318	247	18	at	at	ADP
ajfa-8318	247	19	the	the	DET
ajfa-8318	247	20	succession	succession	NOUN
ajfa-8318	247	21	year	year	NOUN
ajfa-8318	247	22	panel	panel	NOUN
ajfa-8318	247	23	a	a	X
ajfa-8318	247	24	:	:	PUNCT
ajfa-8318	247	25	the	the	DET
ajfa-8318	247	26	results	result	NOUN
ajfa-8318	247	27	for	for	ADP
ajfa-8318	247	28	the	the	DET
ajfa-8318	247	29	aggregation	aggregation	NOUN
ajfa-8318	247	30	of	of	ADP
ajfa-8318	247	31	real	real	ADJ
ajfa-8318	247	32	earnings	earning	NOUN
ajfa-8318	247	33	management	management	NOUN
ajfa-8318	247	34	variables	variable	NOUN
ajfa-8318	247	35	predicted	predict	VERB
ajfa-8318	247	36	sign	sign	VERB
ajfa-8318	247	37	dependent	dependent	ADJ
ajfa-8318	247	38	variable	variable	NOUN
ajfa-8318	247	39	:	:	PUNCT
ajfa-8318	247	40	sum_rem	sum_rem	PROPN
ajfa-8318	247	41	full	full	ADJ
ajfa-8318	247	42	sample	sample	NOUN
ajfa-8318	247	43	sub	sub	NOUN
ajfa-8318	247	44	sample	sample	NOUN
ajfa-8318	247	45	difference	difference	NOUN
ajfa-8318	247	46	in	in	ADP
ajfa-8318	247	47	coef	coef	PROPN
ajfa-8318	247	48	.	.	PUNCT
ajfa-8318	248	1	car<0	car<0	PROPN
ajfa-8318	248	2	car>0	car>0	PROPN
ajfa-8318	248	3	(	(	PUNCT
ajfa-8318	248	4	wald	wald	NOUN
ajfa-8318	248	5	test	test	NOUN
ajfa-8318	248	6	f	f	PROPN
ajfa-8318	248	7	value	value	NOUN
ajfa-8318	248	8	)	)	PUNCT
ajfa-8318	248	9	intercept	intercept	NOUN
ajfa-8318	248	10	?	?	PUNCT
ajfa-8318	248	11	-0.103	-0.103	X
ajfa-8318	249	1	*	*	PUNCT
ajfa-8318	249	2	*	*	PUNCT
ajfa-8318	249	3	-0.050	-0.050	PUNCT
ajfa-8318	249	4	-0.141	-0.141	PUNCT
ajfa-8318	249	5	*	*	PUNCT
ajfa-8318	249	6	0.091	0.091	NUM
ajfa-8318	249	7	(	(	PUNCT
ajfa-8318	249	8	-2.09	-2.09	PROPN
ajfa-8318	249	9	)	)	PUNCT
ajfa-8318	249	10	(	(	PUNCT
ajfa-8318	249	11	-0.68	-0.68	NOUN
ajfa-8318	249	12	)	)	PUNCT
ajfa-8318	249	13	(	(	PUNCT
ajfa-8318	249	14	-1.79	-1.79	X
ajfa-8318	249	15	)	)	PUNCT
ajfa-8318	249	16	(	(	PUNCT
ajfa-8318	249	17	0.85	0.85	NUM
ajfa-8318	249	18	)	)	PUNCT
ajfa-8318	249	19	car	car	NOUN
ajfa-8318	249	20	-0.398	-0.398	PUNCT
ajfa-8318	250	1	*	*	PUNCT
ajfa-8318	250	2	*	*	PUNCT
ajfa-8318	250	3	*	*	PUNCT
ajfa-8318	250	4	(	(	PUNCT
ajfa-8318	250	5	-3.15	-3.15	NOUN
ajfa-8318	250	6	)	)	PUNCT
ajfa-8318	250	7	car	car	NOUN
ajfa-8318	250	8	*	*	PUNCT
ajfa-8318	250	9	+	+	NOUN
ajfa-8318	250	10	0.430	0.430	NUM
ajfa-8318	250	11	*	*	PUNCT
ajfa-8318	250	12	*	*	PUNCT
ajfa-8318	250	13	-0.769	-0.769	PUNCT
ajfa-8318	251	1	*	*	PUNCT
ajfa-8318	252	1	*	*	PUNCT
ajfa-8318	252	2	*	*	PUNCT
ajfa-8318	252	3	1.199	1.199	NUM
ajfa-8318	252	4	*	*	PUNCT
ajfa-8318	252	5	*	*	PUNCT
ajfa-8318	252	6	*	*	PUNCT
ajfa-8318	252	7	(	(	PUNCT
ajfa-8318	252	8	2.08	2.08	NUM
ajfa-8318	252	9	)	)	PUNCT
ajfa-8318	252	10	(	(	PUNCT
ajfa-8318	252	11	-3.03	-3.03	NOUN
ajfa-8318	252	12	)	)	PUNCT
ajfa-8318	252	13	(	(	PUNCT
ajfa-8318	252	14	3.66	3.66	NUM
ajfa-8318	252	15	)	)	PUNCT
ajfa-8318	252	16	da	da	NOUN
ajfa-8318	253	1	+	+	CCONJ
ajfa-8318	253	2	1.572	1.572	NUM
ajfa-8318	253	3	*	*	PUNCT
ajfa-8318	253	4	*	*	PUNCT
ajfa-8318	253	5	*	*	PUNCT
ajfa-8318	253	6	1.855	1.855	NUM
ajfa-8318	253	7	*	*	PUNCT
ajfa-8318	253	8	*	*	PUNCT
ajfa-8318	253	9	*	*	PUNCT
ajfa-8318	253	10	1.334	1.334	NUM
ajfa-8318	253	11	*	*	PUNCT
ajfa-8318	253	12	*	*	PUNCT
ajfa-8318	253	13	*	*	X
ajfa-8318	253	14	0.521	0.521	NUM
ajfa-8318	253	15	(	(	PUNCT
ajfa-8318	253	16	10.45	10.45	NUM
ajfa-8318	253	17	)	)	PUNCT
ajfa-8318	253	18	(	(	PUNCT
ajfa-8318	253	19	8.35	8.35	NUM
ajfa-8318	253	20	)	)	PUNCT
ajfa-8318	253	21	(	(	PUNCT
ajfa-8318	253	22	5.73	5.73	NUM
ajfa-8318	253	23	)	)	PUNCT
ajfa-8318	253	24	(	(	PUNCT
ajfa-8318	253	25	1.62	1.62	NUM
ajfa-8318	253	26	)	)	PUNCT
ajfa-8318	253	27	lnat	lnat	NOUN
ajfa-8318	253	28	?	?	PUNCT
ajfa-8318	254	1	0.002	0.002	NUM
ajfa-8318	254	2	0.002	0.002	NUM
ajfa-8318	254	3	-0.001	-0.001	NOUN
ajfa-8318	254	4	0.003	0.003	NUM
ajfa-8318	254	5	(	(	PUNCT
ajfa-8318	254	6	0.29	0.29	NUM
ajfa-8318	254	7	)	)	PUNCT
ajfa-8318	254	8	(	(	PUNCT
ajfa-8318	254	9	0.23	0.23	NUM
ajfa-8318	254	10	)	)	PUNCT
ajfa-8318	254	11	(	(	PUNCT
ajfa-8318	254	12	-0.12	-0.12	NUM
ajfa-8318	254	13	)	)	PUNCT
ajfa-8318	254	14	(	(	PUNCT
ajfa-8318	254	15	0.24	0.24	NUM
ajfa-8318	254	16	)	)	PUNCT
ajfa-8318	254	17	mb	mb	ADP
ajfa-8318	254	18	?	?	PUNCT
ajfa-8318	255	1	-0.040	-0.040	NUM
ajfa-8318	256	1	*	*	PUNCT
ajfa-8318	257	1	*	*	PUNCT
ajfa-8318	257	2	*	*	PUNCT
ajfa-8318	257	3	-0.043	-0.043	PUNCT
ajfa-8318	257	4	*	*	PUNCT
ajfa-8318	257	5	*	*	PUNCT
ajfa-8318	257	6	*	*	PUNCT
ajfa-8318	257	7	-0.038	-0.038	PUNCT
ajfa-8318	257	8	*	*	PUNCT
ajfa-8318	257	9	*	*	PUNCT
ajfa-8318	257	10	*	*	PUNCT
ajfa-8318	257	11	-0.005	-0.005	INTJ
ajfa-8318	257	12	(	(	PUNCT
ajfa-8318	257	13	-12.96	-12.96	PROPN
ajfa-8318	257	14	)	)	PUNCT
ajfa-8318	257	15	(	(	PUNCT
ajfa-8318	257	16	-8.80	-8.80	NUM
ajfa-8318	257	17	)	)	PUNCT
ajfa-8318	257	18	(	(	PUNCT
ajfa-8318	257	19	-8.42	-8.42	INTJ
ajfa-8318	257	20	)	)	PUNCT
ajfa-8318	257	21	(	(	PUNCT
ajfa-8318	257	22	-0.81	-0.81	X
ajfa-8318	257	23	)	)	PUNCT
ajfa-8318	257	24	roa	roa	NOUN
ajfa-8318	257	25	?	?	PUNCT
ajfa-8318	258	1	-0.203	-0.203	PUNCT
ajfa-8318	259	1	*	*	PUNCT
ajfa-8318	259	2	*	*	PUNCT
ajfa-8318	259	3	*	*	PUNCT
ajfa-8318	259	4	-0.202	-0.202	PUNCT
ajfa-8318	260	1	*	*	PUNCT
ajfa-8318	260	2	*	*	PUNCT
ajfa-8318	260	3	-0.219	-0.219	PUNCT
ajfa-8318	261	1	*	*	PUNCT
ajfa-8318	261	2	*	*	PUNCT
ajfa-8318	261	3	0.017	0.017	NUM
ajfa-8318	261	4	(	(	PUNCT
ajfa-8318	261	5	-3.04	-3.04	NOUN
ajfa-8318	261	6	)	)	PUNCT
ajfa-8318	261	7	(	(	PUNCT
ajfa-8318	261	8	-2.10	-2.10	NOUN
ajfa-8318	261	9	)	)	PUNCT
ajfa-8318	261	10	(	(	PUNCT
ajfa-8318	261	11	-2.07	-2.07	NUM
ajfa-8318	261	12	)	)	PUNCT
ajfa-8318	261	13	(	(	PUNCT
ajfa-8318	261	14	0.12	0.12	NUM
ajfa-8318	261	15	)	)	PUNCT
ajfa-8318	261	16	lev	lev	NOUN
ajfa-8318	261	17	+	+	CCONJ
ajfa-8318	261	18	0.371	0.371	NUM
ajfa-8318	261	19	*	*	PUNCT
ajfa-8318	262	1	*	*	PUNCT
ajfa-8318	262	2	*	*	PUNCT
ajfa-8318	262	3	0.312	0.312	NUM
ajfa-8318	262	4	*	*	PUNCT
ajfa-8318	262	5	*	*	PUNCT
ajfa-8318	262	6	*	*	ADP
ajfa-8318	262	7	0.448	0.448	NUM
ajfa-8318	262	8	*	*	PUNCT
ajfa-8318	262	9	*	*	PUNCT
ajfa-8318	262	10	*	*	PUNCT
ajfa-8318	262	11	-0.136	-0.136	PUNCT
ajfa-8318	262	12	(	(	PUNCT
ajfa-8318	262	13	7.65	7.65	NUM
ajfa-8318	262	14	)	)	PUNCT
ajfa-8318	262	15	(	(	PUNCT
ajfa-8318	262	16	4.84	4.84	NUM
ajfa-8318	262	17	)	)	PUNCT
ajfa-8318	262	18	(	(	PUNCT
ajfa-8318	262	19	6.48	6.48	NUM
ajfa-8318	262	20	)	)	PUNCT
ajfa-8318	262	21	(	(	PUNCT
ajfa-8318	262	22	-1.44	-1.44	X
ajfa-8318	262	23	)	)	PUNCT
ajfa-8318	262	24	big4	big4	NOUN
ajfa-8318	262	25	+	+	CCONJ
ajfa-8318	262	26	0.035	0.035	NUM
ajfa-8318	262	27	0.040	0.040	NUM
ajfa-8318	262	28	0.030	0.030	NUM
ajfa-8318	262	29	0.010	0.010	NUM
ajfa-8318	262	30	(	(	PUNCT
ajfa-8318	262	31	1.20	1.20	NUM
ajfa-8318	262	32	)	)	PUNCT
ajfa-8318	262	33	(	(	PUNCT
ajfa-8318	262	34	1.11	1.11	NUM
ajfa-8318	262	35	)	)	PUNCT
ajfa-8318	262	36	(	(	PUNCT
ajfa-8318	262	37	0.63	0.63	NUM
ajfa-8318	262	38	)	)	PUNCT
ajfa-8318	262	39	(	(	PUNCT
ajfa-8318	262	40	0.17	0.17	NUM
ajfa-8318	262	41	)	)	PUNCT
ajfa-8318	262	42	litigation	litigation	NOUN
ajfa-8318	263	1	+	+	CCONJ
ajfa-8318	263	2	-0.066	-0.066	NOUN
ajfa-8318	264	1	*	*	PUNCT
ajfa-8318	264	2	*	*	PUNCT
ajfa-8318	264	3	*	*	PUNCT
ajfa-8318	265	1	-0.053	-0.053	PUNCT
ajfa-8318	265	2	*	*	PUNCT
ajfa-8318	265	3	*	*	PUNCT
ajfa-8318	265	4	-0.076	-0.076	PUNCT
ajfa-8318	266	1	*	*	PUNCT
ajfa-8318	266	2	*	*	PUNCT
ajfa-8318	266	3	*	*	X
ajfa-8318	266	4	0.023	0.023	NUM
ajfa-8318	266	5	(	(	PUNCT
ajfa-8318	266	6	-3.65	-3.65	NOUN
ajfa-8318	266	7	)	)	PUNCT
ajfa-8318	266	8	(	(	PUNCT
ajfa-8318	266	9	-2.13	-2.13	NOUN
ajfa-8318	266	10	)	)	PUNCT
ajfa-8318	266	11	(	(	PUNCT
ajfa-8318	266	12	-2.89	-2.89	NOUN
ajfa-8318	266	13	)	)	PUNCT
ajfa-8318	266	14	(	(	PUNCT
ajfa-8318	266	15	0.66	0.66	NUM
ajfa-8318	266	16	)	)	PUNCT
ajfa-8318	266	17	n	n	CCONJ
ajfa-8318	266	18	1,178	1,178	NUM
ajfa-8318	266	19	582	582	NUM
ajfa-8318	266	20	596	596	NUM
ajfa-8318	266	21	year	year	NOUN
ajfa-8318	266	22	dummy	dummy	NOUN
ajfa-8318	267	1	yes	yes	INTJ
ajfa-8318	267	2	yes	yes	INTJ
ajfa-8318	268	1	yes	yes	INTJ
ajfa-8318	268	2	model	model	NOUN
ajfa-8318	268	3	f	f	PROPN
ajfa-8318	268	4	value	value	NOUN
ajfa-8318	268	5	28.29	28.29	NUM
ajfa-8318	268	6	*	*	PUNCT
ajfa-8318	268	7	*	*	PUNCT
ajfa-8318	268	8	*	*	PUNCT
ajfa-8318	269	1	16.16	16.16	NUM
ajfa-8318	269	2	*	*	PUNCT
ajfa-8318	269	3	*	*	PUNCT
ajfa-8318	269	4	*	*	PUNCT
ajfa-8318	269	5	13.83	13.83	NUM
ajfa-8318	269	6	*	*	PUNCT
ajfa-8318	269	7	*	*	PUNCT
ajfa-8318	269	8	*	*	PUNCT
ajfa-8318	269	9	adj	adj	PROPN
ajfa-8318	269	10	.	.	PROPN
ajfa-8318	269	11	r2	r2	PROPN
ajfa-8318	269	12	28.27	28.27	NUM
ajfa-8318	269	13	%	%	NOUN
ajfa-8318	269	14	30.72	30.72	NUM
ajfa-8318	269	15	%	%	NOUN
ajfa-8318	269	16	26.82	26.82	NUM
ajfa-8318	269	17	%	%	NOUN
ajfa-8318	269	18	panel	panel	NOUN
ajfa-8318	269	19	b	b	NOUN
ajfa-8318	269	20	:	:	PUNCT
ajfa-8318	269	21	the	the	DET
ajfa-8318	269	22	results	result	NOUN
ajfa-8318	269	23	for	for	ADP
ajfa-8318	269	24	abnormal	abnormal	ADJ
ajfa-8318	269	25	levels	level	NOUN
ajfa-8318	269	26	of	of	ADP
ajfa-8318	269	27	cash	cash	NOUN
ajfa-8318	269	28	flow	flow	NOUN
ajfa-8318	269	29	from	from	ADP
ajfa-8318	269	30	operations1	operations1	NOUN
ajfa-8318	269	31	car	car	NOUN
ajfa-8318	269	32	-0.020	-0.020	PUNCT
ajfa-8318	269	33	(	(	PUNCT
ajfa-8318	269	34	-0.64	-0.64	X
ajfa-8318	269	35	)	)	PUNCT
ajfa-8318	269	36	car	car	NOUN
ajfa-8318	269	37	*	*	PUNCT
ajfa-8318	270	1	+	+	NUM
ajfa-8318	271	1	0.144	0.144	NUM
ajfa-8318	271	2	*	*	PUNCT
ajfa-8318	271	3	*	*	PUNCT
ajfa-8318	271	4	*	*	PUNCT
ajfa-8318	271	5	-0.041	-0.041	PUNCT
ajfa-8318	271	6	0.185	0.185	NUM
ajfa-8318	271	7	*	*	PUNCT
ajfa-8318	271	8	*	*	PUNCT
ajfa-8318	271	9	*	*	PUNCT
ajfa-8318	271	10	(	(	PUNCT
ajfa-8318	271	11	2.65	2.65	NUM
ajfa-8318	271	12	)	)	PUNCT
ajfa-8318	271	13	(	(	PUNCT
ajfa-8318	271	14	-0.76	-0.76	PROPN
ajfa-8318	271	15	)	)	PUNCT
ajfa-8318	271	16	(	(	PUNCT
ajfa-8318	271	17	2.42	2.42	NUM
ajfa-8318	271	18	)	)	PUNCT
ajfa-8318	271	19	panel	panel	NOUN
ajfa-8318	271	20	c	c	NOUN
ajfa-8318	271	21	:	:	PUNCT
ajfa-8318	271	22	the	the	DET
ajfa-8318	271	23	results	result	NOUN
ajfa-8318	271	24	for	for	ADP
ajfa-8318	271	25	abnormal	abnormal	ADJ
ajfa-8318	271	26	levels	level	NOUN
ajfa-8318	271	27	of	of	ADP
ajfa-8318	271	28	production	production	NOUN
ajfa-8318	271	29	costs	cost	NOUN
ajfa-8318	271	30	car	car	NOUN
ajfa-8318	271	31	-0.200	-0.200	PUNCT
ajfa-8318	271	32	*	*	PUNCT
ajfa-8318	271	33	*	*	PUNCT
ajfa-8318	271	34	*	*	PUNCT
ajfa-8318	271	35	(	(	PUNCT
ajfa-8318	271	36	-3.23	-3.23	INTJ
ajfa-8318	271	37	)	)	PUNCT
ajfa-8318	271	38	car	car	NOUN
ajfa-8318	271	39	*	*	PUNCT
ajfa-8318	272	1	+	+	NUM
ajfa-8318	272	2	0.245	0.245	NUM
ajfa-8318	272	3	*	*	PUNCT
ajfa-8318	272	4	*	*	PUNCT
ajfa-8318	272	5	-0.428	-0.428	PUNCT
ajfa-8318	273	1	*	*	PUNCT
ajfa-8318	273	2	*	*	PUNCT
ajfa-8318	273	3	*	*	PUNCT
ajfa-8318	273	4	0.673	0.673	NUM
ajfa-8318	273	5	*	*	PUNCT
ajfa-8318	273	6	*	*	PUNCT
ajfa-8318	273	7	*	*	PUNCT
ajfa-8318	273	8	(	(	PUNCT
ajfa-8318	273	9	2.28	2.28	NUM
ajfa-8318	273	10	)	)	PUNCT
ajfa-8318	273	11	(	(	PUNCT
ajfa-8318	273	12	-3.66	-3.66	NUM
ajfa-8318	273	13	)	)	PUNCT
ajfa-8318	273	14	(	(	PUNCT
ajfa-8318	273	15	4.24	4.24	NUM
ajfa-8318	273	16	)	)	PUNCT
ajfa-8318	273	17	panel	panel	NOUN
ajfa-8318	273	18	d	d	NOUN
ajfa-8318	273	19	:	:	PUNCT
ajfa-8318	273	20	the	the	DET
ajfa-8318	273	21	results	result	NOUN
ajfa-8318	273	22	for	for	ADP
ajfa-8318	273	23	abnormal	abnormal	ADJ
ajfa-8318	273	24	levels	level	NOUN
ajfa-8318	273	25	of	of	ADP
ajfa-8318	273	26	discretionary	discretionary	ADJ
ajfa-8318	273	27	expenses1	expenses1	NOUN
ajfa-8318	273	28	car	car	NOUN
ajfa-8318	273	29	-0.179	-0.179	PUNCT
ajfa-8318	273	30	*	*	PUNCT
ajfa-8318	273	31	*	*	PUNCT
ajfa-8318	273	32	(	(	PUNCT
ajfa-8318	273	33	-2.28	-2.28	INTJ
ajfa-8318	273	34	)	)	PUNCT
ajfa-8318	273	35	car	car	NOUN
ajfa-8318	273	36	*	*	PUNCT
ajfa-8318	273	37	+	+	NOUN
ajfa-8318	273	38	0.041	0.041	NUM
ajfa-8318	273	39	-0.300	-0.300	NUM
ajfa-8318	273	40	*	*	PUNCT
ajfa-8318	273	41	*	*	X
ajfa-8318	273	42	0.341	0.341	NUM
ajfa-8318	273	43	*	*	SYM
ajfa-8318	273	44	(	(	PUNCT
ajfa-8318	273	45	0.29	0.29	NUM
ajfa-8318	273	46	)	)	PUNCT
ajfa-8318	273	47	(	(	PUNCT
ajfa-8318	273	48	-1.90	-1.90	NUM
ajfa-8318	273	49	)	)	PUNCT
ajfa-8318	273	50	(	(	PUNCT
ajfa-8318	273	51	1.62	1.62	NUM
ajfa-8318	273	52	)	)	PUNCT
ajfa-8318	273	53	1	1	NUM
ajfa-8318	273	54	the	the	DET
ajfa-8318	273	55	abnormal	abnormal	ADJ
ajfa-8318	273	56	levels	level	NOUN
ajfa-8318	273	57	of	of	ADP
ajfa-8318	273	58	cash	cash	NOUN
ajfa-8318	273	59	flow	flow	NOUN
ajfa-8318	273	60	from	from	ADP
ajfa-8318	273	61	operations	operation	NOUN
ajfa-8318	273	62	and	and	CCONJ
ajfa-8318	273	63	discretionary	discretionary	ADJ
ajfa-8318	273	64	expenditures	expenditure	NOUN
ajfa-8318	273	65	are	be	AUX
ajfa-8318	273	66	multiplied	multiply	VERB
ajfa-8318	273	67	by	by	ADP
ajfa-8318	273	68	-1	-1	PUNCT
ajfa-8318	273	69	,	,	PUNCT
ajfa-8318	273	70	so	so	SCONJ
ajfa-8318	273	71	that	that	SCONJ
ajfa-8318	273	72	higher	high	ADJ
ajfa-8318	273	73	values	value	NOUN
ajfa-8318	273	74	of	of	ADP
ajfa-8318	273	75	these	these	PRON
ajfa-8318	273	76	suggest	suggest	VERB
ajfa-8318	273	77	higher	high	ADJ
ajfa-8318	273	78	degrees	degree	NOUN
ajfa-8318	273	79	of	of	ADP
ajfa-8318	273	80	rem	rem	NOUN
ajfa-8318	273	81	.	.	NOUN
ajfa-8318	273	82	2	2	NUM
ajfa-8318	273	83	*	*	NOUN
ajfa-8318	273	84	,	,	PUNCT
ajfa-8318	273	85	*	*	PUNCT
ajfa-8318	273	86	*	*	PUNCT
ajfa-8318	273	87	,	,	PUNCT
ajfa-8318	273	88	*	*	PUNCT
ajfa-8318	273	89	*	*	PUNCT
ajfa-8318	273	90	*	*	PUNCT
ajfa-8318	273	91	denote	denote	NOUN
ajfa-8318	273	92	significance	significance	NOUN
ajfa-8318	273	93	at	at	ADP
ajfa-8318	273	94	the	the	DET
ajfa-8318	273	95	0.10	0.10	NUM
ajfa-8318	273	96	,	,	PUNCT
ajfa-8318	273	97	0.05	0.05	NUM
ajfa-8318	273	98	,	,	PUNCT
ajfa-8318	273	99	and	and	CCONJ
ajfa-8318	273	100	0.01	0.01	NUM
ajfa-8318	273	101	levels	level	NOUN
ajfa-8318	273	102	,	,	PUNCT
ajfa-8318	273	103	respectively	respectively	ADV
ajfa-8318	273	104	(	(	PUNCT
ajfa-8318	273	105	a	a	DET
ajfa-8318	273	106	one	one	NUM
ajfa-8318	273	107	-	-	PUNCT
ajfa-8318	273	108	tailed	tail	VERB
ajfa-8318	273	109	test	test	NOUN
ajfa-8318	273	110	for	for	ADP
ajfa-8318	273	111	the	the	DET
ajfa-8318	273	112	coefficients	coefficient	NOUN
ajfa-8318	273	113	with	with	ADP
ajfa-8318	273	114	a	a	DET
ajfa-8318	273	115	predicted	predict	VERB
ajfa-8318	273	116	sign	sign	NOUN
ajfa-8318	273	117	,	,	PUNCT
ajfa-8318	273	118	and	and	CCONJ
ajfa-8318	273	119	a	a	DET
ajfa-8318	273	120	two	two	NUM
ajfa-8318	273	121	-	-	PUNCT
ajfa-8318	273	122	tailed	tail	VERB
ajfa-8318	273	123	test	test	NOUN
ajfa-8318	273	124	otherwise	otherwise	ADV
ajfa-8318	273	125	)	)	PUNCT
ajfa-8318	273	126	.	.	PUNCT
ajfa-8318	274	1	3an	3an	ADJ
ajfa-8318	274	2	analysis	analysis	NOUN
ajfa-8318	274	3	of	of	ADP
ajfa-8318	274	4	the	the	DET
ajfa-8318	274	5	variance	variance	NOUN
ajfa-8318	274	6	inflationary	inflationary	ADJ
ajfa-8318	274	7	factors	factor	NOUN
ajfa-8318	274	8	(	(	PUNCT
ajfa-8318	274	9	vif	vif	NOUN
ajfa-8318	274	10	)	)	PUNCT
ajfa-8318	274	11	for	for	ADP
ajfa-8318	274	12	each	each	DET
ajfa-8318	274	13	model	model	NOUN
ajfa-8318	274	14	reveals	reveal	VERB
ajfa-8318	274	15	that	that	SCONJ
ajfa-8318	274	16	vifs	vif	NOUN
ajfa-8318	274	17	are	be	AUX
ajfa-8318	274	18	all	all	ADV
ajfa-8318	274	19	smaller	small	ADJ
ajfa-8318	274	20	than	than	ADP
ajfa-8318	274	21	2.3	2.3	NUM
ajfa-8318	274	22	,	,	PUNCT
ajfa-8318	274	23	suggesting	suggest	VERB
ajfa-8318	274	24	that	that	SCONJ
ajfa-8318	274	25	multicollinearity	multicollinearity	NOUN
ajfa-8318	274	26	is	be	AUX
ajfa-8318	274	27	not	not	PART
ajfa-8318	274	28	an	an	DET
ajfa-8318	274	29	issue	issue	NOUN
ajfa-8318	274	30	.	.	PUNCT
ajfa-8318	275	1	4car	4car	NUM
ajfa-8318	275	2	*	*	NOUN
ajfa-8318	275	3	:	:	PUNCT
ajfa-8318	275	4	the	the	DET
ajfa-8318	275	5	absolute	absolute	ADJ
ajfa-8318	275	6	value	value	NOUN
ajfa-8318	275	7	of	of	ADP
ajfa-8318	275	8	car	car	NOUN
ajfa-8318	275	9	;	;	PUNCT
ajfa-8318	275	10	other	other	ADJ
ajfa-8318	275	11	variable	variable	ADJ
ajfa-8318	275	12	definitions	definition	NOUN
ajfa-8318	275	13	are	be	AUX
ajfa-8318	275	14	shown	show	VERB
ajfa-8318	275	15	in	in	ADP
ajfa-8318	275	16	table	table	NOUN
ajfa-8318	275	17	1	1	NUM
ajfa-8318	275	18	.	.	PUNCT
ajfa-8318	275	19	4.3	4.3	NUM
ajfa-8318	275	20	additional	additional	ADJ
ajfa-8318	275	21	tests	test	NOUN
ajfa-8318	275	22	-	-	PUNCT
ajfa-8318	275	23	results	result	NOUN
ajfa-8318	275	24	investigated	investigate	VERB
ajfa-8318	275	25	by	by	ADP
ajfa-8318	275	26	change	change	NOUN
ajfa-8318	275	27	models	model	NOUN
ajfa-8318	275	28	in	in	ADP
ajfa-8318	275	29	order	order	NOUN
ajfa-8318	275	30	to	to	PART
ajfa-8318	275	31	exclude	exclude	VERB
ajfa-8318	275	32	the	the	DET
ajfa-8318	275	33	possibility	possibility	NOUN
ajfa-8318	275	34	that	that	SCONJ
ajfa-8318	275	35	firms	firm	NOUN
ajfa-8318	275	36	may	may	AUX
ajfa-8318	275	37	engage	engage	VERB
ajfa-8318	275	38	in	in	ADP
ajfa-8318	275	39	rem	rem	NOUN
ajfa-8318	275	40	no	no	ADV
ajfa-8318	275	41	matter	matter	ADV
ajfa-8318	275	42	whether	whether	SCONJ
ajfa-8318	275	43	they	they	PRON
ajfa-8318	275	44	replace	replace	VERB
ajfa-8318	275	45	their	their	PRON
ajfa-8318	275	46	ceos	ceos	NOUN
ajfa-8318	275	47	or	or	CCONJ
ajfa-8318	275	48	not	not	PART
ajfa-8318	275	49	,	,	PUNCT
ajfa-8318	275	50	we	we	PRON
ajfa-8318	275	51	conduct	conduct	VERB
ajfa-8318	275	52	the	the	DET
ajfa-8318	275	53	change	change	NOUN
ajfa-8318	275	54	model	model	NOUN
ajfa-8318	275	55	of	of	ADP
ajfa-8318	275	56	equation	equation	NOUN
ajfa-8318	275	57	(	(	PUNCT
ajfa-8318	275	58	1	1	NUM
ajfa-8318	275	59	)	)	PUNCT
ajfa-8318	275	60	to	to	PART
ajfa-8318	275	61	examine	examine	VERB
ajfa-8318	275	62	hypothesis	hypothesis	NOUN
ajfa-8318	275	63	one	one	NOUN
ajfa-8318	275	64	again	again	ADV
ajfa-8318	275	65	(	(	PUNCT
ajfa-8318	275	66	geiger	geiger	NOUN
ajfa-8318	275	67	and	and	CCONJ
ajfa-8318	275	68	north	north	NOUN
ajfa-8318	275	69	2006	2006	NUM
ajfa-8318	275	70	)	)	PUNCT
ajfa-8318	275	71	.	.	PUNCT
ajfa-8318	276	1	we	we	PRON
ajfa-8318	276	2	also	also	ADV
ajfa-8318	276	3	conduct	conduct	VERB
ajfa-8318	276	4	the	the	DET
ajfa-8318	276	5	change	change	NOUN
ajfa-8318	276	6	model	model	NOUN
ajfa-8318	276	7	of	of	ADP
ajfa-8318	276	8	equation	equation	NOUN
ajfa-8318	276	9	(	(	PUNCT
ajfa-8318	276	10	2	2	NUM
ajfa-8318	276	11	)	)	PUNCT
ajfa-8318	276	12	to	to	PART
ajfa-8318	276	13	examine	examine	VERB
ajfa-8318	276	14	hypothesis	hypothesis	NOUN
ajfa-8318	276	15	two	two	NUM
ajfa-8318	276	16	to	to	PART
ajfa-8318	276	17	control	control	VERB
ajfa-8318	276	18	for	for	ADP
ajfa-8318	276	19	any	any	DET
ajfa-8318	276	20	potential	potential	ADJ
ajfa-8318	276	21	selection	selection	NOUN
ajfa-8318	276	22	bias	bias	NOUN
ajfa-8318	276	23	(	(	PUNCT
ajfa-8318	276	24	e.g.	e.g.	ADV
ajfa-8318	276	25	asian	asian	ADJ
ajfa-8318	276	26	journal	journal	NOUN
ajfa-8318	276	27	of	of	ADP
ajfa-8318	276	28	finance	finance	PROPN
ajfa-8318	276	29	&	&	CCONJ
ajfa-8318	276	30	accounting	accounting	PROPN
ajfa-8318	276	31	issn	issn	PROPN
ajfa-8318	276	32	1946	1946	NUM
ajfa-8318	276	33	-	-	PUNCT
ajfa-8318	276	34	052x	052x	NOUN
ajfa-8318	276	35	2015	2015	NUM
ajfa-8318	276	36	,	,	PUNCT
ajfa-8318	276	37	vol	vol	NOUN
ajfa-8318	276	38	.	.	PROPN
ajfa-8318	277	1	7	7	NUM
ajfa-8318	277	2	,	,	PUNCT
ajfa-8318	277	3	no	no	INTJ
ajfa-8318	277	4	.	.	NOUN
ajfa-8318	277	5	2	2	NUM
ajfa-8318	277	6	133	133	NUM
ajfa-8318	277	7	carcello	carcello	NOUN
ajfa-8318	277	8	et	et	PROPN
ajfa-8318	277	9	al	al	PROPN
ajfa-8318	277	10	.	.	PROPN
ajfa-8318	277	11	2010	2010	NUM
ajfa-8318	277	12	)	)	PUNCT
ajfa-8318	277	13	.	.	PUNCT
ajfa-8318	278	1	that	that	PRON
ajfa-8318	278	2	is	be	AUX
ajfa-8318	278	3	,	,	PUNCT
ajfa-8318	278	4	to	to	PART
ajfa-8318	278	5	control	control	VERB
ajfa-8318	278	6	for	for	ADP
ajfa-8318	278	7	the	the	DET
ajfa-8318	278	8	possibility	possibility	NOUN
ajfa-8318	278	9	that	that	SCONJ
ajfa-8318	278	10	a	a	DET
ajfa-8318	278	11	ceo	ceo	NOUN
ajfa-8318	278	12	with	with	ADP
ajfa-8318	278	13	a	a	DET
ajfa-8318	278	14	better	well	ADJ
ajfa-8318	278	15	public	public	ADJ
ajfa-8318	278	16	reputation	reputation	NOUN
ajfa-8318	278	17	may	may	AUX
ajfa-8318	278	18	choose	choose	VERB
ajfa-8318	278	19	to	to	PART
ajfa-8318	278	20	work	work	VERB
ajfa-8318	278	21	at	at	ADP
ajfa-8318	278	22	firms	firm	NOUN
ajfa-8318	278	23	with	with	ADP
ajfa-8318	278	24	good	good	ADJ
ajfa-8318	278	25	financial	financial	ADJ
ajfa-8318	278	26	reporting	reporting	NOUN
ajfa-8318	278	27	quality	quality	NOUN
ajfa-8318	278	28	.	.	PUNCT
ajfa-8318	279	1	referring	refer	VERB
ajfa-8318	279	2	to	to	ADP
ajfa-8318	279	3	geiger	geiger	PROPN
ajfa-8318	279	4	and	and	CCONJ
ajfa-8318	279	5	north	north	NOUN
ajfa-8318	279	6	(	(	PUNCT
ajfa-8318	279	7	2006	2006	NUM
ajfa-8318	279	8	)	)	PUNCT
ajfa-8318	279	9	,	,	PUNCT
ajfa-8318	279	10	we	we	PRON
ajfa-8318	279	11	include	include	VERB
ajfa-8318	279	12	rem	rem	VERB
ajfa-8318	279	13	at	at	ADP
ajfa-8318	279	14	t-1	t-1	PROPN
ajfa-8318	279	15	in	in	ADP
ajfa-8318	279	16	the	the	DET
ajfa-8318	279	17	change	change	NOUN
ajfa-8318	279	18	models	model	NOUN
ajfa-8318	279	19	since	since	SCONJ
ajfa-8318	279	20	firms	firm	NOUN
ajfa-8318	279	21	may	may	AUX
ajfa-8318	279	22	manage	manage	VERB
ajfa-8318	279	23	earnings	earning	NOUN
ajfa-8318	279	24	continuously	continuously	ADV
ajfa-8318	279	25	.	.	PUNCT
ajfa-8318	280	1	table	table	NOUN
ajfa-8318	280	2	4	4	NUM
ajfa-8318	280	3	shows	show	VERB
ajfa-8318	280	4	the	the	DET
ajfa-8318	280	5	related	related	ADJ
ajfa-8318	280	6	results	result	NOUN
ajfa-8318	280	7	.	.	PUNCT
ajfa-8318	281	1	similar	similar	ADJ
ajfa-8318	281	2	to	to	ADP
ajfa-8318	281	3	the	the	DET
ajfa-8318	281	4	results	result	NOUN
ajfa-8318	281	5	in	in	ADP
ajfa-8318	281	6	tables	table	NOUN
ajfa-8318	281	7	2	2	NUM
ajfa-8318	281	8	,	,	PUNCT
ajfa-8318	281	9	from	from	ADP
ajfa-8318	281	10	the	the	DET
ajfa-8318	281	11	period	period	NOUN
ajfa-8318	281	12	immediately	immediately	ADV
ajfa-8318	281	13	prior	prior	ADV
ajfa-8318	281	14	to	to	ADP
ajfa-8318	281	15	the	the	DET
ajfa-8318	281	16	succession	succession	NOUN
ajfa-8318	281	17	(	(	PUNCT
ajfa-8318	281	18	t-1	t-1	PROPN
ajfa-8318	281	19	)	)	PUNCT
ajfa-8318	281	20	to	to	ADP
ajfa-8318	281	21	the	the	DET
ajfa-8318	281	22	new	new	ADJ
ajfa-8318	281	23	ceo	ceo	NOUN
ajfa-8318	281	24	succession	succession	NOUN
ajfa-8318	281	25	(	(	PUNCT
ajfa-8318	281	26	t	t	NOUN
ajfa-8318	281	27	)	)	PUNCT
ajfa-8318	281	28	,	,	PUNCT
ajfa-8318	281	29	firms	firm	NOUN
ajfa-8318	281	30	with	with	ADP
ajfa-8318	281	31	new	new	ADJ
ajfa-8318	281	32	ceos	ceos	NOUN
ajfa-8318	281	33	(	(	PUNCT
ajfa-8318	281	34	suc	suc	PROPN
ajfa-8318	281	35	)	)	PUNCT
ajfa-8318	281	36	are	be	AUX
ajfa-8318	281	37	negatively	negatively	ADV
ajfa-8318	281	38	and	and	CCONJ
ajfa-8318	281	39	significantly	significantly	ADV
ajfa-8318	281	40	associated	associate	VERB
ajfa-8318	281	41	with	with	ADP
ajfa-8318	281	42	most	most	ADJ
ajfa-8318	281	43	rem	rem	VERB
ajfa-8318	281	44	proxies	proxy	NOUN
ajfa-8318	281	45	,	,	PUNCT
ajfa-8318	281	46	except	except	SCONJ
ajfa-8318	281	47	for	for	ADP
ajfa-8318	281	48	the	the	DET
ajfa-8318	281	49	marginally	marginally	ADV
ajfa-8318	281	50	significant	significant	ADJ
ajfa-8318	281	51	relation	relation	NOUN
ajfa-8318	281	52	with	with	ADP
ajfa-8318	281	53	δab_cfo	δab_cfo	NOUN
ajfa-8318	281	54	.	.	PUNCT
ajfa-8318	282	1	regarding	regard	VERB
ajfa-8318	282	2	hypothesis	hypothesis	NOUN
ajfa-8318	282	3	two	two	NUM
ajfa-8318	282	4	,	,	PUNCT
ajfa-8318	282	5	car	car	NOUN
ajfa-8318	282	6	in	in	ADP
ajfa-8318	282	7	the	the	DET
ajfa-8318	282	8	full	full	ADJ
ajfa-8318	282	9	sample	sample	NOUN
ajfa-8318	282	10	is	be	AUX
ajfa-8318	282	11	still	still	ADV
ajfa-8318	282	12	negatively	negatively	ADV
ajfa-8318	282	13	and	and	CCONJ
ajfa-8318	282	14	significantly	significantly	ADV
ajfa-8318	282	15	related	relate	VERB
ajfa-8318	282	16	with	with	ADP
ajfa-8318	282	17	most	most	ADJ
ajfa-8318	282	18	rem	rem	VERB
ajfa-8318	282	19	proxies	proxy	NOUN
ajfa-8318	282	20	.	.	PUNCT
ajfa-8318	283	1	using	use	VERB
ajfa-8318	283	2	the	the	DET
ajfa-8318	283	3	change	change	NOUN
ajfa-8318	283	4	model	model	NOUN
ajfa-8318	283	5	with	with	ADP
ajfa-8318	283	6	the	the	DET
ajfa-8318	283	7	subsamples	subsample	NOUN
ajfa-8318	283	8	,	,	PUNCT
ajfa-8318	283	9	we	we	PRON
ajfa-8318	283	10	test	test	VERB
ajfa-8318	283	11	the	the	DET
ajfa-8318	283	12	differences	difference	NOUN
ajfa-8318	283	13	between	between	ADP
ajfa-8318	283	14	the	the	DET
ajfa-8318	283	15	positive	positive	ADJ
ajfa-8318	283	16	and	and	CCONJ
ajfa-8318	283	17	negative	negative	ADJ
ajfa-8318	283	18	car	car	NOUN
ajfa-8318	283	19	groups	group	NOUN
ajfa-8318	283	20	.	.	PUNCT
ajfa-8318	284	1	consistent	consistent	ADJ
ajfa-8318	284	2	with	with	ADP
ajfa-8318	284	3	tables	table	NOUN
ajfa-8318	284	4	3	3	NUM
ajfa-8318	284	5	,	,	PUNCT
ajfa-8318	284	6	most	most	ADJ
ajfa-8318	284	7	of	of	ADP
ajfa-8318	284	8	the	the	DET
ajfa-8318	284	9	results	result	NOUN
ajfa-8318	284	10	indicate	indicate	VERB
ajfa-8318	284	11	that	that	SCONJ
ajfa-8318	284	12	in	in	ADP
ajfa-8318	284	13	order	order	NOUN
ajfa-8318	284	14	to	to	PART
ajfa-8318	284	15	improve	improve	VERB
ajfa-8318	284	16	market	market	NOUN
ajfa-8318	284	17	perceptions	perception	NOUN
ajfa-8318	284	18	of	of	ADP
ajfa-8318	284	19	their	their	PRON
ajfa-8318	284	20	performance	performance	NOUN
ajfa-8318	284	21	and	and	CCONJ
ajfa-8318	284	22	establish	establish	VERB
ajfa-8318	284	23	better	well	ADJ
ajfa-8318	284	24	reputations	reputation	NOUN
ajfa-8318	284	25	,	,	PUNCT
ajfa-8318	284	26	new	new	ADJ
ajfa-8318	284	27	ceos	ceo	NOUN
ajfa-8318	284	28	with	with	ADP
ajfa-8318	284	29	negative	negative	ADJ
ajfa-8318	284	30	car	car	NOUN
ajfa-8318	284	31	on	on	ADP
ajfa-8318	284	32	their	their	PRON
ajfa-8318	284	33	succession	succession	NOUN
ajfa-8318	284	34	are	be	AUX
ajfa-8318	284	35	more	more	ADV
ajfa-8318	284	36	likely	likely	ADJ
ajfa-8318	284	37	to	to	PART
ajfa-8318	284	38	engage	engage	VERB
ajfa-8318	284	39	in	in	ADP
ajfa-8318	284	40	rem	rem	NOUN
ajfa-8318	284	41	than	than	ADP
ajfa-8318	284	42	those	those	PRON
ajfa-8318	284	43	with	with	ADP
ajfa-8318	284	44	positive	positive	ADJ
ajfa-8318	284	45	car	car	NOUN
ajfa-8318	284	46	on	on	ADP
ajfa-8318	284	47	their	their	PRON
ajfa-8318	284	48	succession	succession	NOUN
ajfa-8318	284	49	.	.	PUNCT
ajfa-8318	285	1	briefly	briefly	ADV
ajfa-8318	285	2	,	,	PUNCT
ajfa-8318	285	3	hypothesis	hypothesis	NOUN
ajfa-8318	285	4	one	one	NUM
ajfa-8318	285	5	and	and	CCONJ
ajfa-8318	285	6	two	two	NUM
ajfa-8318	285	7	are	be	AUX
ajfa-8318	285	8	thus	thus	ADV
ajfa-8318	285	9	supported	support	VERB
ajfa-8318	285	10	by	by	ADP
ajfa-8318	285	11	the	the	DET
ajfa-8318	285	12	change	change	NOUN
ajfa-8318	285	13	model	model	NOUN
ajfa-8318	285	14	analyses	analysis	NOUN
ajfa-8318	285	15	.	.	PUNCT
ajfa-8318	286	1	table	table	NOUN
ajfa-8318	286	2	4	4	NUM
ajfa-8318	286	3	.	.	PUNCT
ajfa-8318	286	4	results	result	NOUN
ajfa-8318	286	5	for	for	ADP
ajfa-8318	286	6	the	the	DET
ajfa-8318	286	7	change	change	NOUN
ajfa-8318	286	8	models	model	NOUN
ajfa-8318	286	9	panel	panel	VERB
ajfa-8318	286	10	a	a	X
ajfa-8318	286	11	:	:	PUNCT
ajfa-8318	286	12	the	the	DET
ajfa-8318	286	13	results	result	NOUN
ajfa-8318	286	14	for	for	ADP
ajfa-8318	286	15	h1(n=2,223	h1(n=2,223	PROPN
ajfa-8318	286	16	)	)	PUNCT
ajfa-8318	286	17	variables	variable	VERB
ajfa-8318	286	18	dependent	dependent	ADJ
ajfa-8318	286	19	variable	variable	ADJ
ajfa-8318	286	20	δsum_rem	δsum_rem	NUM
ajfa-8318	286	21	δab_cfo	δab_cfo	NOUN
ajfa-8318	286	22	δab_prod	δab_prod	NOUN
ajfa-8318	286	23	δab_disexp	δab_disexp	NOUN
ajfa-8318	286	24	suc	suc	VERB
ajfa-8318	287	1	-0.022	-0.022	X
ajfa-8318	288	1	*	*	PUNCT
ajfa-8318	288	2	*	*	PUNCT
ajfa-8318	288	3	*	*	PUNCT
ajfa-8318	288	4	-0.003	-0.003	PUNCT
ajfa-8318	288	5	*	*	PUNCT
ajfa-8318	288	6	-0.009	-0.009	PUNCT
ajfa-8318	289	1	*	*	PUNCT
ajfa-8318	289	2	*	*	PUNCT
ajfa-8318	289	3	*	*	PUNCT
ajfa-8318	289	4	-0.010	-0.010	PUNCT
ajfa-8318	289	5	*	*	PUNCT
ajfa-8318	289	6	*	*	PUNCT
ajfa-8318	289	7	*	*	PUNCT
ajfa-8318	289	8	(	(	PUNCT
ajfa-8318	289	9	-3.97	-3.97	NOUN
ajfa-8318	289	10	)	)	PUNCT
ajfa-8318	289	11	(	(	PUNCT
ajfa-8318	289	12	-1.64	-1.64	X
ajfa-8318	289	13	)	)	PUNCT
ajfa-8318	289	14	(	(	PUNCT
ajfa-8318	289	15	-3.03	-3.03	NOUN
ajfa-8318	289	16	)	)	PUNCT
ajfa-8318	289	17	(	(	PUNCT
ajfa-8318	289	18	-3.03	-3.03	ADJ
ajfa-8318	289	19	)	)	PUNCT
ajfa-8318	289	20	panel	panel	NOUN
ajfa-8318	289	21	b	b	NOUN
ajfa-8318	289	22	:	:	PUNCT
ajfa-8318	289	23	the	the	DET
ajfa-8318	289	24	results	result	NOUN
ajfa-8318	289	25	for	for	ADP
ajfa-8318	289	26	h2	h2	NOUN
ajfa-8318	289	27	-	-	PUNCT
ajfa-8318	289	28	full	full	ADJ
ajfa-8318	289	29	sample	sample	NOUN
ajfa-8318	289	30	(	(	PUNCT
ajfa-8318	289	31	n=1,137	n=1,137	NOUN
ajfa-8318	289	32	)	)	PUNCT
ajfa-8318	289	33	car	car	NOUN
ajfa-8318	289	34	-0.149	-0.149	PUNCT
ajfa-8318	289	35	*	*	PUNCT
ajfa-8318	289	36	*	*	PUNCT
ajfa-8318	289	37	*	*	PUNCT
ajfa-8318	289	38	-0.011	-0.011	NOUN
ajfa-8318	289	39	-0.074	-0.074	PUNCT
ajfa-8318	290	1	*	*	PUNCT
ajfa-8318	290	2	*	*	PUNCT
ajfa-8318	290	3	-0.062	-0.062	PUNCT
ajfa-8318	290	4	*	*	PUNCT
ajfa-8318	290	5	*	*	PUNCT
ajfa-8318	290	6	(	(	PUNCT
ajfa-8318	290	7	-2.53	-2.53	NOUN
ajfa-8318	290	8	)	)	PUNCT
ajfa-8318	290	9	(	(	PUNCT
ajfa-8318	290	10	-0.50	-0.50	PROPN
ajfa-8318	290	11	)	)	PUNCT
ajfa-8318	290	12	(	(	PUNCT
ajfa-8318	290	13	-2.24	-2.24	NOUN
ajfa-8318	290	14	)	)	PUNCT
ajfa-8318	290	15	(	(	PUNCT
ajfa-8318	290	16	-1.91	-1.91	X
ajfa-8318	290	17	)	)	PUNCT
ajfa-8318	290	18	panel	panel	NOUN
ajfa-8318	290	19	c	c	NOUN
ajfa-8318	290	20	:	:	PUNCT
ajfa-8318	290	21	the	the	DET
ajfa-8318	290	22	results	result	NOUN
ajfa-8318	290	23	for	for	ADP
ajfa-8318	290	24	h2	h2	NOUN
ajfa-8318	290	25	-	-	PUNCT
ajfa-8318	290	26	the	the	DET
ajfa-8318	290	27	difference	difference	NOUN
ajfa-8318	290	28	between	between	ADP
ajfa-8318	290	29	two	two	NUM
ajfa-8318	290	30	subsamples	subsample	NOUN
ajfa-8318	290	31	(	(	PUNCT
ajfa-8318	290	32	n=1,137	n=1,137	NOUN
ajfa-8318	290	33	)	)	PUNCT
ajfa-8318	290	34	difference	difference	NOUN
ajfa-8318	290	35	in	in	ADP
ajfa-8318	290	36	coef	coef	PROPN
ajfa-8318	290	37	.	.	PUNCT
ajfa-8318	291	1	(	(	PUNCT
ajfa-8318	291	2	wald	wald	NOUN
ajfa-8318	291	3	test	test	NOUN
ajfa-8318	291	4	f	f	PROPN
ajfa-8318	291	5	value	value	NOUN
ajfa-8318	291	6	)	)	PUNCT
ajfa-8318	291	7	car	car	NOUN
ajfa-8318	291	8	*	*	PUNCT
ajfa-8318	291	9	0.345	0.345	NUM
ajfa-8318	291	10	*	*	PUNCT
ajfa-8318	291	11	*	*	PUNCT
ajfa-8318	292	1	0.065	0.065	NUM
ajfa-8318	292	2	0.226	0.226	NUM
ajfa-8318	292	3	*	*	PUNCT
ajfa-8318	292	4	*	*	PUNCT
ajfa-8318	292	5	*	*	PUNCT
ajfa-8318	292	6	0.055	0.055	NUM
ajfa-8318	292	7	(	(	PUNCT
ajfa-8318	292	8	2.27	2.27	NUM
ajfa-8318	292	9	)	)	PUNCT
ajfa-8318	292	10	(	(	PUNCT
ajfa-8318	292	11	1.14	1.14	NUM
ajfa-8318	292	12	)	)	PUNCT
ajfa-8318	292	13	(	(	PUNCT
ajfa-8318	292	14	2.66	2.66	NUM
ajfa-8318	292	15	)	)	PUNCT
ajfa-8318	292	16	(	(	PUNCT
ajfa-8318	292	17	0.65	0.65	NUM
ajfa-8318	292	18	)	)	PUNCT
ajfa-8318	292	19	1	1	NUM
ajfa-8318	292	20	*	*	NOUN
ajfa-8318	292	21	,	,	PUNCT
ajfa-8318	292	22	*	*	PUNCT
ajfa-8318	292	23	*	*	PUNCT
ajfa-8318	292	24	,	,	PUNCT
ajfa-8318	292	25	*	*	PUNCT
ajfa-8318	292	26	*	*	PUNCT
ajfa-8318	292	27	*	*	PUNCT
ajfa-8318	292	28	denote	denote	NOUN
ajfa-8318	292	29	significance	significance	NOUN
ajfa-8318	292	30	at	at	ADP
ajfa-8318	292	31	the	the	DET
ajfa-8318	292	32	0.10	0.10	NUM
ajfa-8318	292	33	,	,	PUNCT
ajfa-8318	292	34	0.05	0.05	NUM
ajfa-8318	292	35	,	,	PUNCT
ajfa-8318	292	36	and	and	CCONJ
ajfa-8318	292	37	0.01	0.01	NUM
ajfa-8318	292	38	levels	level	NOUN
ajfa-8318	292	39	,	,	PUNCT
ajfa-8318	292	40	respectively	respectively	ADV
ajfa-8318	292	41	(	(	PUNCT
ajfa-8318	292	42	a	a	DET
ajfa-8318	292	43	one	one	NUM
ajfa-8318	292	44	-	-	PUNCT
ajfa-8318	292	45	tailed	tail	VERB
ajfa-8318	292	46	test	test	NOUN
ajfa-8318	292	47	for	for	ADP
ajfa-8318	292	48	the	the	DET
ajfa-8318	292	49	coefficients	coefficient	NOUN
ajfa-8318	292	50	with	with	ADP
ajfa-8318	292	51	a	a	DET
ajfa-8318	292	52	predicted	predict	VERB
ajfa-8318	292	53	sign	sign	NOUN
ajfa-8318	292	54	,	,	PUNCT
ajfa-8318	292	55	and	and	CCONJ
ajfa-8318	292	56	a	a	DET
ajfa-8318	292	57	two	two	NUM
ajfa-8318	292	58	-	-	PUNCT
ajfa-8318	292	59	tailed	tail	VERB
ajfa-8318	292	60	test	test	NOUN
ajfa-8318	292	61	otherwise	otherwise	ADV
ajfa-8318	292	62	)	)	PUNCT
ajfa-8318	292	63	.	.	PUNCT
ajfa-8318	293	1	2	2	NUM
ajfa-8318	293	2	an	an	DET
ajfa-8318	293	3	analysis	analysis	NOUN
ajfa-8318	293	4	of	of	ADP
ajfa-8318	293	5	the	the	DET
ajfa-8318	293	6	variance	variance	NOUN
ajfa-8318	293	7	inflationary	inflationary	ADJ
ajfa-8318	293	8	factors	factor	NOUN
ajfa-8318	293	9	(	(	PUNCT
ajfa-8318	293	10	vifs	vifs	PROPN
ajfa-8318	293	11	)	)	PUNCT
ajfa-8318	293	12	for	for	ADP
ajfa-8318	293	13	each	each	DET
ajfa-8318	293	14	model	model	NOUN
ajfa-8318	293	15	reveals	reveal	VERB
ajfa-8318	293	16	that	that	SCONJ
ajfa-8318	293	17	vifs	vif	NOUN
ajfa-8318	293	18	are	be	AUX
ajfa-8318	293	19	all	all	ADV
ajfa-8318	293	20	smaller	small	ADJ
ajfa-8318	293	21	than	than	ADP
ajfa-8318	293	22	3.0	3.0	NUM
ajfa-8318	293	23	,	,	PUNCT
ajfa-8318	293	24	suggesting	suggest	VERB
ajfa-8318	293	25	that	that	SCONJ
ajfa-8318	293	26	multicollinearity	multicollinearity	NOUN
ajfa-8318	293	27	is	be	AUX
ajfa-8318	293	28	not	not	PART
ajfa-8318	293	29	an	an	DET
ajfa-8318	293	30	issue	issue	NOUN
ajfa-8318	293	31	.	.	PUNCT
ajfa-8318	294	1	3	3	NUM
ajfa-8318	294	2	δab_cfo	δab_cfo	NOUN
ajfa-8318	294	3	:	:	PUNCT
ajfa-8318	294	4	the	the	DET
ajfa-8318	294	5	change	change	NOUN
ajfa-8318	294	6	in	in	ADP
ajfa-8318	294	7	the	the	DET
ajfa-8318	294	8	abnormal	abnormal	ADJ
ajfa-8318	294	9	level	level	NOUN
ajfa-8318	294	10	of	of	ADP
ajfa-8318	294	11	cash	cash	NOUN
ajfa-8318	294	12	flow	flow	NOUN
ajfa-8318	294	13	from	from	ADP
ajfa-8318	294	14	operations	operation	NOUN
ajfa-8318	294	15	;	;	PUNCT
ajfa-8318	294	16	δab_prod	δab_prod	PROPN
ajfa-8318	294	17	:	:	PUNCT
ajfa-8318	294	18	the	the	DET
ajfa-8318	294	19	change	change	NOUN
ajfa-8318	294	20	in	in	ADP
ajfa-8318	294	21	the	the	DET
ajfa-8318	294	22	abnormal	abnormal	ADJ
ajfa-8318	294	23	level	level	NOUN
ajfa-8318	294	24	of	of	ADP
ajfa-8318	294	25	production	production	NOUN
ajfa-8318	294	26	costs	cost	NOUN
ajfa-8318	294	27	;	;	PUNCT
ajfa-8318	294	28	δab_disexp	δab_disexp	NOUN
ajfa-8318	294	29	:	:	PUNCT
ajfa-8318	294	30	the	the	DET
ajfa-8318	294	31	change	change	NOUN
ajfa-8318	294	32	in	in	ADP
ajfa-8318	294	33	the	the	DET
ajfa-8318	294	34	abnormal	abnormal	ADJ
ajfa-8318	294	35	level	level	NOUN
ajfa-8318	294	36	of	of	ADP
ajfa-8318	294	37	discretionary	discretionary	ADJ
ajfa-8318	294	38	expenditures	expenditure	NOUN
ajfa-8318	294	39	;	;	PUNCT
ajfa-8318	294	40	δsum_rem	δsum_rem	NUM
ajfa-8318	294	41	:	:	PUNCT
ajfa-8318	294	42	the	the	DET
ajfa-8318	294	43	aggregation	aggregation	NOUN
ajfa-8318	294	44	of	of	ADP
ajfa-8318	294	45	δab_cfo	δab_cfo	NOUN
ajfa-8318	294	46	,	,	PUNCT
ajfa-8318	294	47	δab_prod	δab_prod	PROPN
ajfa-8318	294	48	,	,	PUNCT
ajfa-8318	294	49	and	and	CCONJ
ajfa-8318	294	50	δab_disexp	δab_disexp	NOUN
ajfa-8318	294	51	;	;	PUNCT
ajfa-8318	294	52	other	other	ADJ
ajfa-8318	294	53	variable	variable	ADJ
ajfa-8318	294	54	definitions	definition	NOUN
ajfa-8318	294	55	are	be	AUX
ajfa-8318	294	56	shown	show	VERB
ajfa-8318	294	57	in	in	ADP
ajfa-8318	294	58	table	table	NOUN
ajfa-8318	294	59	1	1	NUM
ajfa-8318	294	60	.	.	NOUN
ajfa-8318	294	61	5	5	NUM
ajfa-8318	294	62	.	.	X
ajfa-8318	294	63	conclusion	conclusion	NOUN
ajfa-8318	294	64	during	during	ADP
ajfa-8318	294	65	the	the	DET
ajfa-8318	294	66	past	past	ADJ
ajfa-8318	294	67	decade	decade	NOUN
ajfa-8318	294	68	average	average	PROPN
ajfa-8318	294	69	ceo	ceo	NOUN
ajfa-8318	294	70	tenure	tenure	NOUN
ajfa-8318	294	71	has	have	AUX
ajfa-8318	294	72	rapidly	rapidly	ADV
ajfa-8318	294	73	become	become	VERB
ajfa-8318	294	74	shorter	short	ADJ
ajfa-8318	294	75	,	,	PUNCT
ajfa-8318	294	76	and	and	CCONJ
ajfa-8318	294	77	markets	market	NOUN
ajfa-8318	294	78	may	may	AUX
ajfa-8318	294	79	react	react	VERB
ajfa-8318	294	80	more	more	ADV
ajfa-8318	294	81	negatively	negatively	ADV
ajfa-8318	294	82	when	when	SCONJ
ajfa-8318	294	83	there	there	PRON
ajfa-8318	294	84	is	be	VERB
ajfa-8318	294	85	greater	great	ADJ
ajfa-8318	294	86	uncertainty	uncertainty	NOUN
ajfa-8318	294	87	with	with	ADP
ajfa-8318	294	88	regard	regard	NOUN
ajfa-8318	294	89	to	to	ADP
ajfa-8318	294	90	future	future	ADJ
ajfa-8318	294	91	performance	performance	NOUN
ajfa-8318	294	92	because	because	SCONJ
ajfa-8318	294	93	of	of	ADP
ajfa-8318	294	94	this	this	PRON
ajfa-8318	294	95	.	.	PUNCT
ajfa-8318	295	1	the	the	DET
ajfa-8318	295	2	prior	prior	ADJ
ajfa-8318	295	3	literature	literature	NOUN
ajfa-8318	295	4	finds	find	VERB
ajfa-8318	295	5	that	that	SCONJ
ajfa-8318	295	6	new	new	ADJ
ajfa-8318	295	7	ceos	ceo	NOUN
ajfa-8318	295	8	are	be	AUX
ajfa-8318	295	9	more	more	ADV
ajfa-8318	295	10	likely	likely	ADJ
ajfa-8318	295	11	to	to	PART
ajfa-8318	295	12	engage	engage	VERB
ajfa-8318	295	13	in	in	ADP
ajfa-8318	295	14	discretionary	discretionary	ADJ
ajfa-8318	295	15	accruals	accrual	NOUN
ajfa-8318	295	16	earnings	earning	NOUN
ajfa-8318	295	17	management	management	NOUN
ajfa-8318	295	18	,	,	PUNCT
ajfa-8318	295	19	a	a	DET
ajfa-8318	295	20	fact	fact	NOUN
ajfa-8318	295	21	that	that	PRON
ajfa-8318	295	22	is	be	AUX
ajfa-8318	295	23	explained	explain	VERB
ajfa-8318	295	24	by	by	ADP
ajfa-8318	295	25	the	the	DET
ajfa-8318	295	26	idea	idea	NOUN
ajfa-8318	295	27	of	of	ADP
ajfa-8318	295	28	“	"	PUNCT
ajfa-8318	295	29	taking	take	VERB
ajfa-8318	295	30	a	a	DET
ajfa-8318	295	31	big	big	ADJ
ajfa-8318	295	32	bath	bath	NOUN
ajfa-8318	295	33	”	"	PUNCT
ajfa-8318	295	34	or	or	CCONJ
ajfa-8318	295	35	impression	impression	NOUN
ajfa-8318	295	36	management	management	NOUN
ajfa-8318	295	37	theory	theory	NOUN
ajfa-8318	295	38	.	.	PUNCT
ajfa-8318	296	1	due	due	ADP
ajfa-8318	296	2	to	to	ADP
ajfa-8318	296	3	the	the	DET
ajfa-8318	296	4	greater	great	ADJ
ajfa-8318	296	5	litigation	litigation	NOUN
ajfa-8318	296	6	risk	risk	NOUN
ajfa-8318	296	7	in	in	ADP
ajfa-8318	296	8	the	the	DET
ajfa-8318	296	9	post	post	ADJ
ajfa-8318	296	10	-	-	ADJ
ajfa-8318	296	11	sox	sox	ADJ
ajfa-8318	296	12	period	period	NOUN
ajfa-8318	296	13	,	,	PUNCT
ajfa-8318	296	14	firms	firm	NOUN
ajfa-8318	296	15	are	be	AUX
ajfa-8318	296	16	now	now	ADV
ajfa-8318	296	17	more	more	ADV
ajfa-8318	296	18	likely	likely	ADJ
ajfa-8318	296	19	to	to	PART
ajfa-8318	296	20	manipulate	manipulate	VERB
ajfa-8318	296	21	earnings	earning	NOUN
ajfa-8318	296	22	by	by	ADP
ajfa-8318	296	23	rem	rem	NOUN
ajfa-8318	296	24	instead	instead	ADV
ajfa-8318	296	25	of	of	ADP
ajfa-8318	296	26	discretionary	discretionary	ADJ
ajfa-8318	296	27	accruals	accrual	NOUN
ajfa-8318	296	28	earnings	earning	NOUN
ajfa-8318	296	29	management	management	NOUN
ajfa-8318	296	30	.	.	PUNCT
ajfa-8318	297	1	different	different	ADJ
ajfa-8318	297	2	to	to	ADP
ajfa-8318	297	3	aem	aem	PROPN
ajfa-8318	297	4	,	,	PUNCT
ajfa-8318	297	5	rem	rem	X
ajfa-8318	297	6	is	be	AUX
ajfa-8318	297	7	an	an	DET
ajfa-8318	297	8	earnings	earning	NOUN
ajfa-8318	297	9	management	management	NOUN
ajfa-8318	297	10	approach	approach	NOUN
ajfa-8318	297	11	that	that	PRON
ajfa-8318	297	12	influences	influence	VERB
ajfa-8318	297	13	a	a	DET
ajfa-8318	297	14	firm	firm	NOUN
ajfa-8318	297	15	’s	’s	PART
ajfa-8318	297	16	cash	cash	NOUN
ajfa-8318	297	17	flows	flow	NOUN
ajfa-8318	297	18	and	and	CCONJ
ajfa-8318	297	19	future	future	ADJ
ajfa-8318	297	20	performance	performance	NOUN
ajfa-8318	297	21	,	,	PUNCT
ajfa-8318	297	22	which	which	PRON
ajfa-8318	297	23	is	be	AUX
ajfa-8318	297	24	a	a	DET
ajfa-8318	297	25	concern	concern	NOUN
ajfa-8318	297	26	may	may	AUX
ajfa-8318	297	27	impact	impact	VERB
ajfa-8318	297	28	asian	asian	ADJ
ajfa-8318	297	29	journal	journal	NOUN
ajfa-8318	297	30	of	of	ADP
ajfa-8318	297	31	finance	finance	PROPN
ajfa-8318	297	32	&	&	CCONJ
ajfa-8318	297	33	accounting	accounting	PROPN
ajfa-8318	297	34	issn	issn	PROPN
ajfa-8318	297	35	1946	1946	NUM
ajfa-8318	297	36	-	-	PUNCT
ajfa-8318	297	37	052x	052x	NOUN
ajfa-8318	297	38	2015	2015	NUM
ajfa-8318	297	39	,	,	PUNCT
ajfa-8318	297	40	vol	vol	NOUN
ajfa-8318	297	41	.	.	PROPN
ajfa-8318	298	1	7	7	NUM
ajfa-8318	298	2	,	,	PUNCT
ajfa-8318	298	3	no	no	INTJ
ajfa-8318	298	4	.	.	NOUN
ajfa-8318	298	5	2	2	NUM
ajfa-8318	298	6	134	134	NUM
ajfa-8318	298	7	the	the	DET
ajfa-8318	298	8	decisions	decision	NOUN
ajfa-8318	298	9	of	of	ADP
ajfa-8318	298	10	new	new	ADJ
ajfa-8318	298	11	ceos	ceos	NOUN
ajfa-8318	298	12	with	with	ADP
ajfa-8318	298	13	regard	regard	NOUN
ajfa-8318	298	14	to	to	ADP
ajfa-8318	298	15	manipulating	manipulate	VERB
ajfa-8318	298	16	earnings	earning	NOUN
ajfa-8318	298	17	.	.	PUNCT
ajfa-8318	299	1	therefore	therefore	ADV
ajfa-8318	299	2	,	,	PUNCT
ajfa-8318	299	3	our	our	PRON
ajfa-8318	299	4	research	research	NOUN
ajfa-8318	299	5	is	be	AUX
ajfa-8318	299	6	to	to	PART
ajfa-8318	299	7	investigate	investigate	VERB
ajfa-8318	299	8	the	the	DET
ajfa-8318	299	9	relation	relation	NOUN
ajfa-8318	299	10	between	between	ADP
ajfa-8318	299	11	ceo	ceo	NOUN
ajfa-8318	299	12	succession	succession	NOUN
ajfa-8318	299	13	and	and	CCONJ
ajfa-8318	299	14	rem	rem	X
ajfa-8318	299	15	in	in	ADP
ajfa-8318	299	16	the	the	DET
ajfa-8318	299	17	post	post	ADJ
ajfa-8318	299	18	-	-	ADJ
ajfa-8318	299	19	sox	sox	ADJ
ajfa-8318	299	20	era	era	NOUN
ajfa-8318	299	21	and	and	CCONJ
ajfa-8318	299	22	whether	whether	SCONJ
ajfa-8318	299	23	market	market	NOUN
ajfa-8318	299	24	reaction	reaction	NOUN
ajfa-8318	299	25	on	on	ADP
ajfa-8318	299	26	ceo	ceo	NOUN
ajfa-8318	299	27	succession	succession	NOUN
ajfa-8318	299	28	can	can	AUX
ajfa-8318	299	29	motivate	motivate	VERB
ajfa-8318	299	30	the	the	DET
ajfa-8318	299	31	new	new	ADJ
ajfa-8318	299	32	ceo	ceo	NOUN
ajfa-8318	299	33	to	to	PART
ajfa-8318	299	34	engage	engage	VERB
ajfa-8318	299	35	in	in	ADP
ajfa-8318	299	36	rem	rem	NOUN
ajfa-8318	299	37	for	for	ADP
ajfa-8318	299	38	reputation	reputation	NOUN
ajfa-8318	299	39	and	and	CCONJ
ajfa-8318	299	40	career	career	NOUN
ajfa-8318	299	41	concern	concern	NOUN
ajfa-8318	299	42	.	.	PUNCT
ajfa-8318	300	1	our	our	PRON
ajfa-8318	300	2	findings	finding	NOUN
ajfa-8318	300	3	indicate	indicate	VERB
ajfa-8318	300	4	that	that	SCONJ
ajfa-8318	300	5	the	the	DET
ajfa-8318	300	6	incoming	incoming	ADJ
ajfa-8318	300	7	ceo	ceo	NOUN
ajfa-8318	300	8	is	be	AUX
ajfa-8318	300	9	less	less	ADV
ajfa-8318	300	10	likely	likely	ADJ
ajfa-8318	300	11	to	to	PART
ajfa-8318	300	12	manipulate	manipulate	VERB
ajfa-8318	300	13	real	real	ADJ
ajfa-8318	300	14	activities	activity	NOUN
ajfa-8318	300	15	for	for	ADP
ajfa-8318	300	16	earnings	earning	NOUN
ajfa-8318	300	17	management	management	NOUN
ajfa-8318	300	18	in	in	ADP
ajfa-8318	300	19	their	their	PRON
ajfa-8318	300	20	first	first	ADJ
ajfa-8318	300	21	year	year	NOUN
ajfa-8318	300	22	of	of	ADP
ajfa-8318	300	23	employment	employment	NOUN
ajfa-8318	300	24	,	,	PUNCT
ajfa-8318	300	25	but	but	CCONJ
ajfa-8318	300	26	if	if	SCONJ
ajfa-8318	300	27	they	they	PRON
ajfa-8318	300	28	are	be	AUX
ajfa-8318	300	29	faced	face	VERB
ajfa-8318	300	30	with	with	ADP
ajfa-8318	300	31	lower	low	ADJ
ajfa-8318	300	32	market	market	NOUN
ajfa-8318	300	33	expectations	expectation	NOUN
ajfa-8318	300	34	(	(	PUNCT
ajfa-8318	300	35	car<0	car<0	NOUN
ajfa-8318	300	36	)	)	PUNCT
ajfa-8318	300	37	on	on	ADP
ajfa-8318	300	38	succession	succession	NOUN
ajfa-8318	300	39	,	,	PUNCT
ajfa-8318	300	40	then	then	ADV
ajfa-8318	300	41	the	the	DET
ajfa-8318	300	42	new	new	ADJ
ajfa-8318	300	43	ceo	ceo	NOUN
ajfa-8318	300	44	tends	tend	VERB
ajfa-8318	300	45	to	to	PART
ajfa-8318	300	46	engage	engage	VERB
ajfa-8318	300	47	in	in	ADP
ajfa-8318	300	48	rem	rem	NOUN
ajfa-8318	300	49	in	in	ADP
ajfa-8318	300	50	order	order	NOUN
ajfa-8318	300	51	to	to	PART
ajfa-8318	300	52	boost	boost	VERB
ajfa-8318	300	53	current	current	ADJ
ajfa-8318	300	54	earnings	earning	NOUN
ajfa-8318	300	55	and	and	CCONJ
ajfa-8318	300	56	enhance	enhance	VERB
ajfa-8318	300	57	how	how	SCONJ
ajfa-8318	300	58	the	the	DET
ajfa-8318	300	59	market	market	NOUN
ajfa-8318	300	60	sees	see	VERB
ajfa-8318	300	61	their	their	PRON
ajfa-8318	300	62	abilities	ability	NOUN
ajfa-8318	300	63	.	.	PUNCT
ajfa-8318	301	1	our	our	PRON
ajfa-8318	301	2	empirical	empirical	ADJ
ajfa-8318	301	3	results	result	NOUN
ajfa-8318	301	4	remain	remain	VERB
ajfa-8318	301	5	unchanged	unchanged	ADJ
ajfa-8318	301	6	when	when	SCONJ
ajfa-8318	301	7	the	the	DET
ajfa-8318	301	8	test	test	NOUN
ajfa-8318	301	9	is	be	AUX
ajfa-8318	301	10	examined	examine	VERB
ajfa-8318	301	11	by	by	ADP
ajfa-8318	301	12	change	change	NOUN
ajfa-8318	301	13	models	model	NOUN
ajfa-8318	301	14	.	.	PUNCT
ajfa-8318	302	1	overall	overall	ADV
ajfa-8318	302	2	,	,	PUNCT
ajfa-8318	302	3	we	we	PRON
ajfa-8318	302	4	provide	provide	VERB
ajfa-8318	302	5	a	a	DET
ajfa-8318	302	6	new	new	ADJ
ajfa-8318	302	7	perspective	perspective	NOUN
ajfa-8318	302	8	with	with	ADP
ajfa-8318	302	9	regard	regard	NOUN
ajfa-8318	302	10	to	to	ADP
ajfa-8318	302	11	market	market	NOUN
ajfa-8318	302	12	reactions	reaction	NOUN
ajfa-8318	302	13	to	to	ADP
ajfa-8318	302	14	ceo	ceo	NOUN
ajfa-8318	302	15	successions	succession	NOUN
ajfa-8318	302	16	,	,	PUNCT
ajfa-8318	302	17	by	by	ADP
ajfa-8318	302	18	examining	examine	VERB
ajfa-8318	302	19	how	how	SCONJ
ajfa-8318	302	20	and	and	CCONJ
ajfa-8318	302	21	why	why	SCONJ
ajfa-8318	302	22	new	new	ADJ
ajfa-8318	302	23	ceos	ceos	NOUN
ajfa-8318	302	24	may	may	AUX
ajfa-8318	302	25	choose	choose	VERB
ajfa-8318	302	26	to	to	PART
ajfa-8318	302	27	manipulates	manipulate	VERB
ajfa-8318	302	28	earnings	earning	NOUN
ajfa-8318	302	29	.	.	PUNCT
ajfa-8318	303	1	references	reference	NOUN
ajfa-8318	303	2	ali	ali	PROPN
ajfa-8318	303	3	a.	a.	PROPN
ajfa-8318	303	4	,	,	PUNCT
ajfa-8318	303	5	&	&	CCONJ
ajfa-8318	303	6	zhang	zhang	PROPN
ajfa-8318	303	7	,	,	PUNCT
ajfa-8318	303	8	w.	w.	PROPN
ajfa-8318	303	9	(	(	PUNCT
ajfa-8318	303	10	2013	2013	NUM
ajfa-8318	303	11	)	)	PUNCT
ajfa-8318	303	12	.	.	PUNCT
ajfa-8318	304	1	ceo	ceo	NOUN
ajfa-8318	304	2	tenure	tenure	NOUN
ajfa-8318	304	3	and	and	CCONJ
ajfa-8318	304	4	earnings	earning	NOUN
ajfa-8318	304	5	quality	quality	NOUN
ajfa-8318	304	6	.	.	PUNCT
ajfa-8318	305	1	working	work	VERB
ajfa-8318	305	2	paper	paper	NOUN
ajfa-8318	305	3	,	,	PUNCT
ajfa-8318	305	4	university	university	PROPN
ajfa-8318	305	5	of	of	ADP
ajfa-8318	305	6	texas	texas	PROPN
ajfa-8318	305	7	at	at	ADP
ajfa-8318	305	8	dallas	dallas	PROPN
ajfa-8318	305	9	.	.	PUNCT
ajfa-8318	306	1	http://dx.doi.org/10.2139/ssrn.2060119	http://dx.doi.org/10.2139/ssrn.2060119	PROPN
ajfa-8318	306	2	aono	aono	PROPN
ajfa-8318	306	3	,	,	PUNCT
ajfa-8318	306	4	j.	j.	PROPN
ajfa-8318	306	5	y.	y.	PROPN
ajfa-8318	306	6	,	,	PUNCT
ajfa-8318	306	7	&	&	CCONJ
ajfa-8318	306	8	guan	guan	PROPN
ajfa-8318	306	9	,	,	PUNCT
ajfa-8318	306	10	l.	l.	PROPN
ajfa-8318	306	11	(	(	PUNCT
ajfa-8318	306	12	2007	2007	NUM
ajfa-8318	306	13	)	)	PUNCT
ajfa-8318	306	14	.	.	PUNCT
ajfa-8318	307	1	the	the	DET
ajfa-8318	307	2	impact	impact	NOUN
ajfa-8318	307	3	of	of	ADP
ajfa-8318	307	4	sarbanes	sarbane	NOUN
ajfa-8318	307	5	-	-	PUNCT
ajfa-8318	307	6	oxley	oxley	ADJ
ajfa-8318	307	7	act	act	NOUN
ajfa-8318	307	8	on	on	ADP
ajfa-8318	307	9	cosmetic	cosmetic	ADJ
ajfa-8318	307	10	earnings	earning	NOUN
ajfa-8318	307	11	management	management	NOUN
ajfa-8318	307	12	.	.	PUNCT
ajfa-8318	308	1	research	research	NOUN
ajfa-8318	308	2	in	in	ADP
ajfa-8318	308	3	accounting	accounting	NOUN
ajfa-8318	308	4	regulation	regulation	NOUN
ajfa-8318	308	5	,	,	PUNCT
ajfa-8318	308	6	20	20	NUM
ajfa-8318	308	7	,	,	PUNCT
ajfa-8318	308	8	205	205	NUM
ajfa-8318	308	9	-	-	SYM
ajfa-8318	308	10	215	215	NUM
ajfa-8318	308	11	.	.	PUNCT
ajfa-8318	309	1	http://dx.doi.org/10.1016/s1052-0457(07)00212-3	http://dx.doi.org/10.1016/s1052-0457(07)00212-3	PROPN
ajfa-8318	309	2	bartov	bartov	PROPN
ajfa-8318	309	3	,	,	PUNCT
ajfa-8318	309	4	e.	e.	PROPN
ajfa-8318	309	5	,	,	PUNCT
ajfa-8318	309	6	givoly	givoly	NOUN
ajfa-8318	309	7	,	,	PUNCT
ajfa-8318	309	8	d.	d.	PROPN
ajfa-8318	309	9	,	,	PUNCT
ajfa-8318	309	10	&	&	CCONJ
ajfa-8318	309	11	hayn	hayn	NOUN
ajfa-8318	309	12	,	,	PUNCT
ajfa-8318	309	13	c.	c.	PROPN
ajfa-8318	309	14	(	(	PUNCT
ajfa-8318	309	15	2002	2002	NUM
ajfa-8318	309	16	)	)	PUNCT
ajfa-8318	309	17	.	.	PUNCT
ajfa-8318	310	1	the	the	DET
ajfa-8318	310	2	rewards	reward	NOUN
ajfa-8318	310	3	to	to	ADP
ajfa-8318	310	4	meeting	meet	VERB
ajfa-8318	310	5	or	or	CCONJ
ajfa-8318	310	6	beating	beat	VERB
ajfa-8318	310	7	analysts	analyst	NOUN
ajfa-8318	310	8	’	’	PART
ajfa-8318	310	9	forecasts	forecast	NOUN
ajfa-8318	310	10	.	.	PUNCT
ajfa-8318	311	1	journal	journal	PROPN
ajfa-8318	311	2	of	of	ADP
ajfa-8318	311	3	accounting	accounting	NOUN
ajfa-8318	311	4	and	and	CCONJ
ajfa-8318	311	5	economics	economic	NOUN
ajfa-8318	311	6	,	,	PUNCT
ajfa-8318	311	7	33	33	NUM
ajfa-8318	311	8	,	,	PUNCT
ajfa-8318	311	9	173	173	NUM
ajfa-8318	311	10	-	-	SYM
ajfa-8318	311	11	204	204	NUM
ajfa-8318	311	12	.	.	PUNCT
ajfa-8318	312	1	http://dx.doi.org/10.1016/s0165-4101(02)00045-9	http://dx.doi.org/10.1016/s0165-4101(02)00045-9	PROPN
ajfa-8318	312	2	beatty	beatty	PROPN
ajfa-8318	312	3	,	,	PUNCT
ajfa-8318	312	4	r.	r.	PROPN
ajfa-8318	312	5	p.	p.	PROPN
ajfa-8318	312	6	,	,	PUNCT
ajfa-8318	312	7	&	&	CCONJ
ajfa-8318	312	8	zajac	zajac	PROPN
ajfa-8318	312	9	,	,	PUNCT
ajfa-8318	312	10	e.	e.	PROPN
ajfa-8318	312	11	j.	j.	PROPN
ajfa-8318	312	12	(	(	PUNCT
ajfa-8318	312	13	1987	1987	NUM
ajfa-8318	312	14	)	)	PUNCT
ajfa-8318	312	15	.	.	PUNCT
ajfa-8318	313	1	ceo	ceo	NOUN
ajfa-8318	313	2	change	change	NOUN
ajfa-8318	313	3	and	and	CCONJ
ajfa-8318	313	4	firm	firm	ADJ
ajfa-8318	313	5	performance	performance	NOUN
ajfa-8318	313	6	in	in	ADP
ajfa-8318	313	7	large	large	ADJ
ajfa-8318	313	8	corporations	corporation	NOUN
ajfa-8318	313	9	:	:	PUNCT
ajfa-8318	313	10	succession	succession	NOUN
ajfa-8318	313	11	effects	effect	NOUN
ajfa-8318	313	12	and	and	CCONJ
ajfa-8318	313	13	manager	manager	NOUN
ajfa-8318	313	14	effects	effect	NOUN
ajfa-8318	313	15	.	.	PUNCT
ajfa-8318	314	1	strategic	strategic	ADJ
ajfa-8318	314	2	management	management	NOUN
ajfa-8318	314	3	journal	journal	NOUN
ajfa-8318	314	4	,	,	PUNCT
ajfa-8318	314	5	8	8	NUM
ajfa-8318	314	6	,	,	PUNCT
ajfa-8318	314	7	305	305	NUM
ajfa-8318	314	8	-	-	SYM
ajfa-8318	314	9	317	317	NUM
ajfa-8318	314	10	.	.	PUNCT
ajfa-8318	315	1	http://dx.doi.org/10.1002/smj.4250080402/abstract	http://dx.doi.org/10.1002/smj.4250080402/abstract	PROPN
ajfa-8318	315	2	beaver	beaver	PROPN
ajfa-8318	315	3	,	,	PUNCT
ajfa-8318	315	4	w.	w.	PROPN
ajfa-8318	315	5	(	(	PUNCT
ajfa-8318	315	6	1968	1968	NUM
ajfa-8318	315	7	)	)	PUNCT
ajfa-8318	315	8	.	.	PUNCT
ajfa-8318	316	1	the	the	DET
ajfa-8318	316	2	information	information	NOUN
ajfa-8318	316	3	content	content	NOUN
ajfa-8318	316	4	of	of	ADP
ajfa-8318	316	5	annual	annual	ADJ
ajfa-8318	316	6	earnings	earning	NOUN
ajfa-8318	316	7	announcements	announcement	NOUN
ajfa-8318	316	8	.	.	PUNCT
ajfa-8318	317	1	journal	journal	NOUN
ajfa-8318	317	2	of	of	ADP
ajfa-8318	317	3	accounting	accounting	NOUN
ajfa-8318	317	4	research	research	NOUN
ajfa-8318	317	5	,	,	PUNCT
ajfa-8318	317	6	supplement	supplement	NOUN
ajfa-8318	317	7	,	,	PUNCT
ajfa-8318	317	8	67	67	NUM
ajfa-8318	317	9	-	-	SYM
ajfa-8318	317	10	92	92	NUM
ajfa-8318	317	11	.	.	PUNCT
ajfa-8318	318	1	http://dx.doi.org/10.1016/j.jacceco.2011.04.002	http://dx.doi.org/10.1016/j.jacceco.2011.04.002	PROPN
ajfa-8318	318	2	bhojraj	bhojraj	PROPN
ajfa-8318	318	3	,	,	PUNCT
ajfa-8318	318	4	s.	s.	PROPN
ajfa-8318	318	5	,	,	PUNCT
ajfa-8318	318	6	&	&	CCONJ
ajfa-8318	318	7	libby	libby	PROPN
ajfa-8318	318	8	,	,	PUNCT
ajfa-8318	318	9	r.	r.	PROPN
ajfa-8318	318	10	(	(	PUNCT
ajfa-8318	318	11	2005	2005	NUM
ajfa-8318	318	12	)	)	PUNCT
ajfa-8318	318	13	.	.	PUNCT
ajfa-8318	319	1	capital	capital	NOUN
ajfa-8318	319	2	market	market	NOUN
ajfa-8318	319	3	pressure	pressure	NOUN
ajfa-8318	319	4	,	,	PUNCT
ajfa-8318	319	5	disclosure	disclosure	NOUN
ajfa-8318	319	6	frequency	frequency	NOUN
ajfa-8318	319	7	-	-	PUNCT
ajfa-8318	319	8	induced	induce	VERB
ajfa-8318	319	9	earnings	earning	NOUN
ajfa-8318	319	10	/	/	SYM
ajfa-8318	319	11	cash	cash	NOUN
ajfa-8318	319	12	flow	flow	NOUN
ajfa-8318	319	13	conflict	conflict	NOUN
ajfa-8318	319	14	,	,	PUNCT
ajfa-8318	319	15	and	and	CCONJ
ajfa-8318	319	16	managerial	managerial	ADJ
ajfa-8318	319	17	myopia	myopia	NOUN
ajfa-8318	319	18	.	.	PUNCT
ajfa-8318	320	1	the	the	DET
ajfa-8318	320	2	accounting	accounting	NOUN
ajfa-8318	320	3	review	review	NOUN
ajfa-8318	320	4	,	,	PUNCT
ajfa-8318	320	5	80	80	NUM
ajfa-8318	320	6	,	,	PUNCT
ajfa-8318	320	7	1	1	NUM
ajfa-8318	320	8	-	-	SYM
ajfa-8318	320	9	20	20	NUM
ajfa-8318	320	10	.	.	PUNCT
ajfa-8318	321	1	http://dx.doi.org/10.2308/accr.2005.80.1.1	http://dx.doi.org/10.2308/accr.2005.80.1.1	PROPN
ajfa-8318	321	2	brown	brown	PROPN
ajfa-8318	321	3	,	,	PUNCT
ajfa-8318	321	4	s.	s.	PROPN
ajfa-8318	321	5	j.	j.	PROPN
ajfa-8318	321	6	,	,	PUNCT
ajfa-8318	321	7	&	&	CCONJ
ajfa-8318	321	8	warner	warner	PROPN
ajfa-8318	321	9	,	,	PUNCT
ajfa-8318	321	10	j.	j.	PROPN
ajfa-8318	321	11	b.	b.	PROPN
ajfa-8318	321	12	(	(	PUNCT
ajfa-8318	321	13	1980	1980	NUM
ajfa-8318	321	14	)	)	PUNCT
ajfa-8318	321	15	.	.	PUNCT
ajfa-8318	322	1	measuring	measure	VERB
ajfa-8318	322	2	security	security	NOUN
ajfa-8318	322	3	price	price	NOUN
ajfa-8318	322	4	performance	performance	NOUN
ajfa-8318	322	5	.	.	PUNCT
ajfa-8318	323	1	journal	journal	NOUN
ajfa-8318	323	2	of	of	ADP
ajfa-8318	323	3	financial	financial	ADJ
ajfa-8318	323	4	economics	economic	NOUN
ajfa-8318	323	5	,	,	PUNCT
ajfa-8318	323	6	8	8	NUM
ajfa-8318	323	7	,	,	PUNCT
ajfa-8318	323	8	205	205	NUM
ajfa-8318	323	9	-	-	SYM
ajfa-8318	323	10	258	258	NUM
ajfa-8318	323	11	.	.	PUNCT
ajfa-8318	324	1	http://dx.doi.org/10.1016/0304-405x(80)90002-1	http://dx.doi.org/10.1016/0304-405x(80)90002-1	ADJ
ajfa-8318	324	2	burgstahler	burgstahler	NOUN
ajfa-8318	324	3	,	,	PUNCT
ajfa-8318	324	4	d.	d.	PROPN
ajfa-8318	324	5	,	,	PUNCT
ajfa-8318	324	6	&	&	CCONJ
ajfa-8318	324	7	dichev	dichev	PROPN
ajfa-8318	324	8	,	,	PUNCT
ajfa-8318	324	9	i.	i.	PROPN
ajfa-8318	324	10	(	(	PUNCT
ajfa-8318	324	11	1997	1997	NUM
ajfa-8318	324	12	)	)	PUNCT
ajfa-8318	324	13	.	.	PUNCT
ajfa-8318	325	1	earnings	earning	NOUN
ajfa-8318	325	2	management	management	NOUN
ajfa-8318	325	3	to	to	PART
ajfa-8318	325	4	avoid	avoid	VERB
ajfa-8318	325	5	earnings	earning	NOUN
ajfa-8318	325	6	decreases	decrease	NOUN
ajfa-8318	325	7	and	and	CCONJ
ajfa-8318	325	8	losses	loss	NOUN
ajfa-8318	325	9	.	.	PUNCT
ajfa-8318	326	1	journal	journal	NOUN
ajfa-8318	326	2	of	of	ADP
ajfa-8318	326	3	accounting	accounting	NOUN
ajfa-8318	326	4	and	and	CCONJ
ajfa-8318	326	5	economics	economic	NOUN
ajfa-8318	326	6	,	,	PUNCT
ajfa-8318	326	7	24	24	NUM
ajfa-8318	326	8	,	,	PUNCT
ajfa-8318	326	9	99	99	NUM
ajfa-8318	326	10	-	-	SYM
ajfa-8318	326	11	126	126	NUM
ajfa-8318	326	12	.	.	PUNCT
ajfa-8318	327	1	http://dx.doi.org/10.1016/s0165-4101(97)00017-7	http://dx.doi.org/10.1016/s0165-4101(97)00017-7	VERB
ajfa-8318	327	2	cao	cao	PROPN
ajfa-8318	327	3	,	,	PUNCT
ajfa-8318	327	4	y.	y.	PROPN
ajfa-8318	327	5	,	,	PUNCT
ajfa-8318	327	6	myers	myers	PROPN
ajfa-8318	327	7	,	,	PUNCT
ajfa-8318	327	8	l.	l.	PROPN
ajfa-8318	327	9	a.	a.	PROPN
ajfa-8318	327	10	,	,	PUNCT
ajfa-8318	327	11	&	&	CCONJ
ajfa-8318	327	12	omer	omer	PROPN
ajfa-8318	327	13	,	,	PUNCT
ajfa-8318	327	14	t.	t.	PROPN
ajfa-8318	327	15	c.	c.	PROPN
ajfa-8318	327	16	(	(	PUNCT
ajfa-8318	327	17	2012	2012	NUM
ajfa-8318	327	18	)	)	PUNCT
ajfa-8318	327	19	.	.	PUNCT
ajfa-8318	328	1	does	do	AUX
ajfa-8318	328	2	company	company	NOUN
ajfa-8318	328	3	reputation	reputation	NOUN
ajfa-8318	328	4	matter	matter	VERB
ajfa-8318	328	5	for	for	ADP
ajfa-8318	328	6	financial	financial	ADJ
ajfa-8318	328	7	reporting	reporting	NOUN
ajfa-8318	328	8	quality	quality	NOUN
ajfa-8318	328	9	?	?	PUNCT
ajfa-8318	329	1	evidence	evidence	NOUN
ajfa-8318	329	2	from	from	ADP
ajfa-8318	329	3	restatements	restatement	NOUN
ajfa-8318	329	4	.	.	PUNCT
ajfa-8318	330	1	contemporary	contemporary	ADJ
ajfa-8318	330	2	accounting	accounting	NOUN
ajfa-8318	330	3	research	research	NOUN
ajfa-8318	330	4	,	,	PUNCT
ajfa-8318	330	5	29(3	29(3	NUM
ajfa-8318	330	6	)	)	PUNCT
ajfa-8318	330	7	,	,	PUNCT
ajfa-8318	330	8	956	956	NUM
ajfa-8318	330	9	-	-	SYM
ajfa-8318	330	10	990	990	NUM
ajfa-8318	330	11	.	.	PUNCT
ajfa-8318	331	1	http://dx.doi.org/10.1111/j.1911-3846.2011.01137.x	http://dx.doi.org/10.1111/j.1911-3846.2011.01137.x	PROPN
ajfa-8318	331	2	carcello	carcello	PROPN
ajfa-8318	331	3	,	,	PUNCT
ajfa-8318	331	4	j.	j.	PROPN
ajfa-8318	331	5	v.	v.	PROPN
ajfa-8318	331	6	,	,	PUNCT
ajfa-8318	331	7	hollingsworth	hollingsworth	PROPN
ajfa-8318	331	8	,	,	PUNCT
ajfa-8318	331	9	c.	c.	PROPN
ajfa-8318	331	10	w.	w.	PROPN
ajfa-8318	331	11	,	,	PUNCT
ajfa-8318	331	12	klein	klein	PROPN
ajfa-8318	331	13	,	,	PUNCT
ajfa-8318	331	14	a.	a.	PROPN
ajfa-8318	331	15	,	,	PUNCT
ajfa-8318	331	16	&	&	CCONJ
ajfa-8318	331	17	neal	neal	PROPN
ajfa-8318	331	18	,	,	PUNCT
ajfa-8318	331	19	t.	t.	PROPN
ajfa-8318	331	20	l.	l.	PROPN
ajfa-8318	331	21	(	(	PUNCT
ajfa-8318	331	22	2010	2010	NUM
ajfa-8318	331	23	)	)	PUNCT
ajfa-8318	331	24	.	.	PUNCT
ajfa-8318	332	1	the	the	DET
ajfa-8318	332	2	role	role	NOUN
ajfa-8318	332	3	of	of	ADP
ajfa-8318	332	4	audit	audit	NOUN
ajfa-8318	332	5	asian	asian	ADJ
ajfa-8318	332	6	journal	journal	NOUN
ajfa-8318	332	7	of	of	ADP
ajfa-8318	332	8	finance	finance	PROPN
ajfa-8318	332	9	&	&	CCONJ
ajfa-8318	332	10	accounting	accounting	PROPN
ajfa-8318	332	11	issn	issn	PROPN
ajfa-8318	332	12	1946	1946	NUM
ajfa-8318	332	13	-	-	PUNCT
ajfa-8318	332	14	052x	052x	NOUN
ajfa-8318	332	15	2015	2015	NUM
ajfa-8318	332	16	,	,	PUNCT
ajfa-8318	332	17	vol	vol	NOUN
ajfa-8318	332	18	.	.	PROPN
ajfa-8318	332	19	7	7	NUM
ajfa-8318	332	20	,	,	PUNCT
ajfa-8318	332	21	no	no	INTJ
ajfa-8318	332	22	.	.	NOUN
ajfa-8318	332	23	2	2	NUM
ajfa-8318	332	24	135	135	NUM
ajfa-8318	332	25	committee	committee	NOUN
ajfa-8318	332	26	financial	financial	ADJ
ajfa-8318	332	27	experts	expert	NOUN
ajfa-8318	332	28	in	in	ADP
ajfa-8318	332	29	the	the	DET
ajfa-8318	332	30	post	post	ADJ
ajfa-8318	332	31	-	-	ADJ
ajfa-8318	332	32	sox	sox	ADJ
ajfa-8318	332	33	era	era	NOUN
ajfa-8318	332	34	:	:	PUNCT
ajfa-8318	332	35	have	have	VERB
ajfa-8318	332	36	smaller	small	ADJ
ajfa-8318	332	37	public	public	ADJ
ajfa-8318	332	38	companies	company	NOUN
ajfa-8318	332	39	benefited	benefit	VERB
ajfa-8318	332	40	disproportionately	disproportionately	ADV
ajfa-8318	332	41	?	?	PUNCT
ajfa-8318	333	1	working	work	VERB
ajfa-8318	333	2	paper	paper	NOUN
ajfa-8318	333	3	,	,	PUNCT
ajfa-8318	333	4	the	the	DET
ajfa-8318	333	5	university	university	PROPN
ajfa-8318	333	6	of	of	ADP
ajfa-8318	333	7	tennessee	tennessee	PROPN
ajfa-8318	333	8	.	.	PUNCT
ajfa-8318	334	1	chi	chi	PROPN
ajfa-8318	334	2	,	,	PUNCT
ajfa-8318	334	3	w.	w.	PROPN
ajfa-8318	334	4	,	,	PUNCT
ajfa-8318	334	5	lisic	lisic	PROPN
ajfa-8318	334	6	,	,	PUNCT
ajfa-8318	334	7	l.	l.	PROPN
ajfa-8318	334	8	l.	l.	PROPN
ajfa-8318	334	9	,	,	PUNCT
ajfa-8318	334	10	&	&	CCONJ
ajfa-8318	334	11	pevzner	pevzner	NOUN
ajfa-8318	334	12	,	,	PUNCT
ajfa-8318	334	13	m.	m.	NOUN
ajfa-8318	334	14	(	(	PUNCT
ajfa-8318	334	15	2011	2011	NUM
ajfa-8318	334	16	)	)	PUNCT
ajfa-8318	334	17	.	.	PUNCT
ajfa-8318	335	1	is	be	AUX
ajfa-8318	335	2	enhanced	enhance	VERB
ajfa-8318	335	3	audit	audit	NOUN
ajfa-8318	335	4	quality	quality	NOUN
ajfa-8318	335	5	associated	associate	VERB
ajfa-8318	335	6	with	with	ADP
ajfa-8318	335	7	greater	great	ADJ
ajfa-8318	335	8	real	real	ADJ
ajfa-8318	335	9	earnings	earning	NOUN
ajfa-8318	335	10	management	management	NOUN
ajfa-8318	335	11	?	?	PUNCT
ajfa-8318	336	1	accounting	accounting	NOUN
ajfa-8318	336	2	horizons	horizon	NOUN
ajfa-8318	336	3	,	,	PUNCT
ajfa-8318	336	4	25(2	25(2	NUM
ajfa-8318	336	5	)	)	PUNCT
ajfa-8318	336	6	,	,	PUNCT
ajfa-8318	336	7	315	315	NUM
ajfa-8318	336	8	-	-	SYM
ajfa-8318	336	9	335	335	NUM
ajfa-8318	336	10	.	.	PUNCT
ajfa-8318	337	1	http://dx.doi.org/10.2308/acch-10025	http://dx.doi.org/10.2308/acch-10025	PROPN
ajfa-8318	337	2	clayton	clayton	PROPN
ajfa-8318	337	3	,	,	PUNCT
ajfa-8318	337	4	m.	m.	NOUN
ajfa-8318	337	5	,	,	PUNCT
ajfa-8318	337	6	hartzell	hartzell	PROPN
ajfa-8318	337	7	,	,	PUNCT
ajfa-8318	337	8	j.	j.	PROPN
ajfa-8318	337	9	,	,	PUNCT
ajfa-8318	337	10	&	&	CCONJ
ajfa-8318	337	11	rosenberg	rosenberg	PROPN
ajfa-8318	337	12	,	,	PUNCT
ajfa-8318	337	13	j.	j.	PROPN
ajfa-8318	337	14	(	(	PUNCT
ajfa-8318	337	15	2005	2005	NUM
ajfa-8318	337	16	)	)	PUNCT
ajfa-8318	337	17	.	.	PUNCT
ajfa-8318	338	1	the	the	DET
ajfa-8318	338	2	impact	impact	NOUN
ajfa-8318	338	3	of	of	ADP
ajfa-8318	338	4	ceo	ceo	NOUN
ajfa-8318	338	5	turnover	turnover	NOUN
ajfa-8318	338	6	on	on	ADP
ajfa-8318	338	7	equity	equity	NOUN
ajfa-8318	338	8	volatility	volatility	NOUN
ajfa-8318	338	9	.	.	PUNCT
ajfa-8318	339	1	journal	journal	NOUN
ajfa-8318	339	2	of	of	ADP
ajfa-8318	339	3	business	business	NOUN
ajfa-8318	339	4	,	,	PUNCT
ajfa-8318	339	5	78	78	NUM
ajfa-8318	339	6	,	,	PUNCT
ajfa-8318	339	7	1779	1779	NUM
ajfa-8318	339	8	-	-	SYM
ajfa-8318	339	9	1808	1808	NUM
ajfa-8318	339	10	.	.	PUNCT
ajfa-8318	340	1	http://dx.doi.org/10.1086/431442	http://dx.doi.org/10.1086/431442	PROPN
ajfa-8318	340	2	cohen	cohen	PROPN
ajfa-8318	340	3	,	,	PUNCT
ajfa-8318	340	4	d.	d.	PROPN
ajfa-8318	340	5	,	,	PUNCT
ajfa-8318	340	6	dey	dey	PROPN
ajfa-8318	340	7	,	,	PUNCT
ajfa-8318	340	8	a.	a.	NOUN
ajfa-8318	340	9	,	,	PUNCT
ajfa-8318	340	10	&	&	CCONJ
ajfa-8318	340	11	lys	lys	PROPN
ajfa-8318	340	12	,	,	PUNCT
ajfa-8318	340	13	t.	t.	PROPN
ajfa-8318	340	14	(	(	PUNCT
ajfa-8318	340	15	2008	2008	NUM
ajfa-8318	340	16	)	)	PUNCT
ajfa-8318	340	17	.	.	PUNCT
ajfa-8318	341	1	real	real	ADJ
ajfa-8318	341	2	and	and	CCONJ
ajfa-8318	341	3	accrual	accrual	ADJ
ajfa-8318	341	4	-	-	PUNCT
ajfa-8318	341	5	based	base	VERB
ajfa-8318	341	6	earnings	earning	NOUN
ajfa-8318	341	7	management	management	NOUN
ajfa-8318	341	8	in	in	ADP
ajfa-8318	341	9	the	the	DET
ajfa-8318	341	10	preand	preand	NOUN
ajfa-8318	341	11	post	post	ADJ
ajfa-8318	341	12	-	-	ADJ
ajfa-8318	341	13	sarbanes	sarbanes	ADJ
ajfa-8318	341	14	oxley	oxley	ADJ
ajfa-8318	341	15	period	period	NOUN
ajfa-8318	341	16	.	.	PUNCT
ajfa-8318	342	1	the	the	DET
ajfa-8318	342	2	accounting	accounting	NOUN
ajfa-8318	342	3	review	review	PROPN
ajfa-8318	342	4	,	,	PUNCT
ajfa-8318	342	5	83(3	83(3	NUM
ajfa-8318	342	6	)	)	PUNCT
ajfa-8318	342	7	,	,	PUNCT
ajfa-8318	342	8	757	757	PROPN
ajfa-8318	342	9	-	-	SYM
ajfa-8318	342	10	787	787	NUM
ajfa-8318	342	11	.	.	PUNCT
ajfa-8318	343	1	http://dx.doi.org/10.2308/accr.2008.83.3.757	http://dx.doi.org/10.2308/accr.2008.83.3.757	NOUN
ajfa-8318	343	2	cohen	cohen	PROPN
ajfa-8318	343	3	,	,	PUNCT
ajfa-8318	343	4	d.	d.	PROPN
ajfa-8318	343	5	a.	a.	PROPN
ajfa-8318	343	6	,	,	PUNCT
ajfa-8318	343	7	&	&	CCONJ
ajfa-8318	343	8	zarowin	zarowin	PROPN
ajfa-8318	343	9	,	,	PUNCT
ajfa-8318	343	10	p.	p.	NOUN
ajfa-8318	343	11	(	(	PUNCT
ajfa-8318	343	12	2010	2010	NUM
ajfa-8318	343	13	)	)	PUNCT
ajfa-8318	343	14	.	.	PUNCT
ajfa-8318	344	1	accrual	accrual	ADJ
ajfa-8318	344	2	-	-	PUNCT
ajfa-8318	344	3	based	base	VERB
ajfa-8318	344	4	and	and	CCONJ
ajfa-8318	344	5	real	real	ADJ
ajfa-8318	344	6	earnings	earning	NOUN
ajfa-8318	344	7	management	management	NOUN
ajfa-8318	344	8	activities	activity	NOUN
ajfa-8318	344	9	around	around	ADP
ajfa-8318	344	10	seasoned	seasoned	ADJ
ajfa-8318	344	11	equity	equity	NOUN
ajfa-8318	344	12	offerings	offering	NOUN
ajfa-8318	344	13	.	.	PUNCT
ajfa-8318	345	1	journal	journal	NOUN
ajfa-8318	345	2	of	of	ADP
ajfa-8318	345	3	accounting	accounting	NOUN
ajfa-8318	345	4	and	and	CCONJ
ajfa-8318	345	5	economics	economic	NOUN
ajfa-8318	345	6	,	,	PUNCT
ajfa-8318	345	7	50	50	NUM
ajfa-8318	345	8	,	,	PUNCT
ajfa-8318	345	9	2	2	NUM
ajfa-8318	345	10	-	-	SYM
ajfa-8318	345	11	19	19	NUM
ajfa-8318	345	12	.	.	PUNCT
ajfa-8318	346	1	http://dx.doi.org/10.1016/j.jacceco.2010.01.002	http://dx.doi.org/10.1016/j.jacceco.2010.01.002	PROPN
ajfa-8318	346	2	davidson	davidson	PROPN
ajfa-8318	346	3	iii	iii	PROPN
ajfa-8318	346	4	,	,	PUNCT
ajfa-8318	346	5	jiraporn	jiraporn	NOUN
ajfa-8318	346	6	,	,	PUNCT
ajfa-8318	346	7	w.	w.	PROPN
ajfa-8318	346	8	p.	p.	PROPN
ajfa-8318	346	9	,	,	PUNCT
ajfa-8318	346	10	kim	kim	PROPN
ajfa-8318	346	11	,	,	PUNCT
ajfa-8318	346	12	y.	y.	PROPN
ajfa-8318	346	13	s.	s.	PROPN
ajfa-8318	346	14	,	,	PUNCT
ajfa-8318	346	15	&	&	CCONJ
ajfa-8318	346	16	nemec	nemec	PROPN
ajfa-8318	346	17	,	,	PUNCT
ajfa-8318	346	18	c.	c.	PROPN
ajfa-8318	346	19	(	(	PUNCT
ajfa-8318	346	20	2004	2004	NUM
ajfa-8318	346	21	)	)	PUNCT
ajfa-8318	346	22	.	.	PUNCT
ajfa-8318	347	1	earnings	earning	NOUN
ajfa-8318	347	2	management	management	NOUN
ajfa-8318	347	3	following	follow	VERB
ajfa-8318	347	4	duality	duality	NOUN
ajfa-8318	347	5	-	-	PUNCT
ajfa-8318	347	6	creating	create	VERB
ajfa-8318	347	7	successions	succession	NOUN
ajfa-8318	347	8	:	:	PUNCT
ajfa-8318	347	9	ethnostatistics	ethnostatistic	NOUN
ajfa-8318	347	10	,	,	PUNCT
ajfa-8318	347	11	impression	impression	NOUN
ajfa-8318	347	12	management	management	NOUN
ajfa-8318	347	13	,	,	PUNCT
ajfa-8318	347	14	and	and	CCONJ
ajfa-8318	347	15	agency	agency	NOUN
ajfa-8318	347	16	theory	theory	NOUN
ajfa-8318	347	17	.	.	PUNCT
ajfa-8318	348	1	academic	academic	ADJ
ajfa-8318	348	2	of	of	ADP
ajfa-8318	348	3	management	management	NOUN
ajfa-8318	348	4	journal	journal	NOUN
ajfa-8318	348	5	,	,	PUNCT
ajfa-8318	348	6	47	47	NUM
ajfa-8318	348	7	,	,	PUNCT
ajfa-8318	348	8	267	267	NUM
ajfa-8318	348	9	-	-	SYM
ajfa-8318	348	10	275	275	NUM
ajfa-8318	348	11	.	.	PUNCT
ajfa-8318	349	1	http://dx.doi.org/10.2307/20159577	http://dx.doi.org/10.2307/20159577	PROPN
ajfa-8318	349	2	dechow	dechow	PROPN
ajfa-8318	349	3	,	,	PUNCT
ajfa-8318	349	4	p.	p.	NOUN
ajfa-8318	349	5	m.	m.	NOUN
ajfa-8318	349	6	,	,	PUNCT
ajfa-8318	349	7	kothari	kothari	PROPN
ajfa-8318	349	8	,	,	PUNCT
ajfa-8318	349	9	s.	s.	PROPN
ajfa-8318	349	10	p.	p.	PROPN
ajfa-8318	349	11	,	,	PUNCT
ajfa-8318	349	12	&	&	CCONJ
ajfa-8318	349	13	watts	watts	PROPN
ajfa-8318	349	14	,	,	PUNCT
ajfa-8318	349	15	r.	r.	PROPN
ajfa-8318	349	16	l.	l.	PROPN
ajfa-8318	349	17	(	(	PUNCT
ajfa-8318	349	18	1998	1998	NUM
ajfa-8318	349	19	)	)	PUNCT
ajfa-8318	349	20	.	.	PUNCT
ajfa-8318	350	1	the	the	DET
ajfa-8318	350	2	relation	relation	NOUN
ajfa-8318	350	3	between	between	ADP
ajfa-8318	350	4	earnings	earning	NOUN
ajfa-8318	350	5	and	and	CCONJ
ajfa-8318	350	6	cash	cash	NOUN
ajfa-8318	350	7	flows	flow	NOUN
ajfa-8318	350	8	.	.	PUNCT
ajfa-8318	351	1	journal	journal	NOUN
ajfa-8318	351	2	of	of	ADP
ajfa-8318	351	3	accounting	accounting	NOUN
ajfa-8318	351	4	and	and	CCONJ
ajfa-8318	351	5	economics	economic	NOUN
ajfa-8318	351	6	,	,	PUNCT
ajfa-8318	351	7	25(2	25(2	NUM
ajfa-8318	351	8	)	)	PUNCT
ajfa-8318	351	9	,	,	PUNCT
ajfa-8318	351	10	133	133	NUM
ajfa-8318	351	11	-	-	SYM
ajfa-8318	351	12	168	168	NUM
ajfa-8318	351	13	.	.	PUNCT
ajfa-8318	352	1	http://dx.doi.org/10.1016/s0165-4101(98)00020-2	http://dx.doi.org/10.1016/s0165-4101(98)00020-2	PROPN
ajfa-8318	352	2	demerjian	demerjian	ADJ
ajfa-8318	352	3	,	,	PUNCT
ajfa-8318	352	4	p.	p.	NOUN
ajfa-8318	352	5	,	,	PUNCT
ajfa-8318	352	6	lev	lev	PROPN
ajfa-8318	352	7	,	,	PUNCT
ajfa-8318	352	8	b.	b.	PROPN
ajfa-8318	352	9	,	,	PUNCT
ajfa-8318	352	10	&	&	CCONJ
ajfa-8318	352	11	mcvay	mcvay	PROPN
ajfa-8318	352	12	,	,	PUNCT
ajfa-8318	352	13	s.	s.	PROPN
ajfa-8318	352	14	(	(	PUNCT
ajfa-8318	352	15	2012	2012	NUM
ajfa-8318	352	16	)	)	PUNCT
ajfa-8318	352	17	.	.	PUNCT
ajfa-8318	353	1	quantifying	quantify	VERB
ajfa-8318	353	2	managerial	managerial	ADJ
ajfa-8318	353	3	ability	ability	NOUN
ajfa-8318	353	4	:	:	PUNCT
ajfa-8318	353	5	a	a	DET
ajfa-8318	353	6	new	new	ADJ
ajfa-8318	353	7	measure	measure	NOUN
ajfa-8318	353	8	and	and	CCONJ
ajfa-8318	353	9	validity	validity	NOUN
ajfa-8318	353	10	tests	test	NOUN
ajfa-8318	353	11	.	.	PUNCT
ajfa-8318	354	1	management	management	NOUN
ajfa-8318	354	2	science	science	NOUN
ajfa-8318	354	3	,	,	PUNCT
ajfa-8318	354	4	58(7	58(7	NUM
ajfa-8318	354	5	)	)	PUNCT
ajfa-8318	354	6	,	,	PUNCT
ajfa-8318	354	7	1229	1229	NUM
ajfa-8318	354	8	-	-	SYM
ajfa-8318	354	9	1248	1248	NUM
ajfa-8318	354	10	.	.	PUNCT
ajfa-8318	355	1	http://dx.doi.org/10.1287/mnsc.1110.1487	http://dx.doi.org/10.1287/mnsc.1110.1487	PROPN
ajfa-8318	355	2	francis	francis	PROPN
ajfa-8318	355	3	,	,	PUNCT
ajfa-8318	355	4	j.	j.	PROPN
ajfa-8318	355	5	,	,	PUNCT
ajfa-8318	355	6	huang	huang	PROPN
ajfa-8318	355	7	,	,	PUNCT
ajfa-8318	355	8	a.	a.	PROPN
ajfa-8318	355	9	h.	h.	PROPN
ajfa-8318	355	10	,	,	PUNCT
ajfa-8318	355	11	rajgopal	rajgopal	NOUN
ajfa-8318	355	12	,	,	PUNCT
ajfa-8318	355	13	s.	s.	PROPN
ajfa-8318	355	14	,	,	PUNCT
ajfa-8318	355	15	&	&	CCONJ
ajfa-8318	355	16	zang	zang	PROPN
ajfa-8318	355	17	,	,	PUNCT
ajfa-8318	355	18	a.	a.	PROPN
ajfa-8318	355	19	y.	y.	PROPN
ajfa-8318	355	20	(	(	PUNCT
ajfa-8318	355	21	2008	2008	NUM
ajfa-8318	355	22	)	)	PUNCT
ajfa-8318	355	23	.	.	PUNCT
ajfa-8318	356	1	ceo	ceo	NOUN
ajfa-8318	356	2	reputation	reputation	NOUN
ajfa-8318	356	3	and	and	CCONJ
ajfa-8318	356	4	earnings	earning	NOUN
ajfa-8318	356	5	quality	quality	NOUN
ajfa-8318	356	6	.	.	PUNCT
ajfa-8318	357	1	contemporary	contemporary	ADJ
ajfa-8318	357	2	accounting	accounting	NOUN
ajfa-8318	357	3	research	research	NOUN
ajfa-8318	357	4	,	,	PUNCT
ajfa-8318	357	5	25	25	NUM
ajfa-8318	357	6	,	,	PUNCT
ajfa-8318	357	7	109	109	NUM
ajfa-8318	357	8	-	-	SYM
ajfa-8318	357	9	147	147	NUM
ajfa-8318	357	10	.	.	PUNCT
ajfa-8318	358	1	http://dx.doi.org/10.1506/car.25.1.4	http://dx.doi.org/10.1506/car.25.1.4	DET
ajfa-8318	358	2	furtado	furtado	PROPN
ajfa-8318	358	3	,	,	PUNCT
ajfa-8318	358	4	e.	e.	PROPN
ajfa-8318	358	5	p.	p.	PROPN
ajfa-8318	358	6	h.	h.	PROPN
ajfa-8318	358	7	,	,	PUNCT
ajfa-8318	358	8	&	&	CCONJ
ajfa-8318	358	9	karan	karan	PROPN
ajfa-8318	358	10	,	,	PUNCT
ajfa-8318	358	11	v.	v.	PROPN
ajfa-8318	358	12	(	(	PUNCT
ajfa-8318	358	13	1990	1990	NUM
ajfa-8318	358	14	)	)	PUNCT
ajfa-8318	358	15	.	.	PUNCT
ajfa-8318	359	1	causes	cause	NOUN
ajfa-8318	359	2	,	,	PUNCT
ajfa-8318	359	3	consequences	consequence	NOUN
ajfa-8318	359	4	,	,	PUNCT
ajfa-8318	359	5	and	and	CCONJ
ajfa-8318	359	6	shareholder	shareholder	NOUN
ajfa-8318	359	7	wealth	wealth	NOUN
ajfa-8318	359	8	effects	effect	NOUN
ajfa-8318	359	9	of	of	ADP
ajfa-8318	359	10	management	management	NOUN
ajfa-8318	359	11	turnover	turnover	NOUN
ajfa-8318	359	12	:	:	PUNCT
ajfa-8318	359	13	a	a	DET
ajfa-8318	359	14	review	review	NOUN
ajfa-8318	359	15	of	of	ADP
ajfa-8318	359	16	the	the	DET
ajfa-8318	359	17	empirical	empirical	ADJ
ajfa-8318	359	18	evidence	evidence	NOUN
ajfa-8318	359	19	.	.	PUNCT
ajfa-8318	360	1	financial	financial	ADJ
ajfa-8318	360	2	management	management	NOUN
ajfa-8318	360	3	,	,	PUNCT
ajfa-8318	360	4	19	19	NUM
ajfa-8318	360	5	,	,	PUNCT
ajfa-8318	360	6	60	60	NUM
ajfa-8318	360	7	-	-	SYM
ajfa-8318	360	8	75	75	NUM
ajfa-8318	360	9	.	.	PUNCT
ajfa-8318	361	1	geiger	geiger	PROPN
ajfa-8318	361	2	,	,	PUNCT
ajfa-8318	361	3	m.	m.	NOUN
ajfa-8318	361	4	a.	a.	PROPN
ajfa-8318	361	5	,	,	PUNCT
ajfa-8318	361	6	&	&	CCONJ
ajfa-8318	361	7	north	north	PROPN
ajfa-8318	361	8	,	,	PUNCT
ajfa-8318	361	9	d.	d.	PROPN
ajfa-8318	361	10	s.	s.	PROPN
ajfa-8318	361	11	(	(	PUNCT
ajfa-8318	361	12	2006	2006	NUM
ajfa-8318	361	13	)	)	PUNCT
ajfa-8318	361	14	.	.	PUNCT
ajfa-8318	362	1	does	do	AUX
ajfa-8318	362	2	hiring	hire	VERB
ajfa-8318	362	3	a	a	DET
ajfa-8318	362	4	new	new	ADJ
ajfa-8318	362	5	cfo	cfo	NOUN
ajfa-8318	362	6	change	change	NOUN
ajfa-8318	362	7	things	thing	NOUN
ajfa-8318	362	8	?	?	PUNCT
ajfa-8318	363	1	an	an	DET
ajfa-8318	363	2	investigation	investigation	NOUN
ajfa-8318	363	3	of	of	ADP
ajfa-8318	363	4	changes	change	NOUN
ajfa-8318	363	5	in	in	ADP
ajfa-8318	363	6	discretionary	discretionary	ADJ
ajfa-8318	363	7	accruals	accrual	NOUN
ajfa-8318	363	8	.	.	PUNCT
ajfa-8318	364	1	the	the	DET
ajfa-8318	364	2	accounting	accounting	NOUN
ajfa-8318	364	3	review	review	NOUN
ajfa-8318	364	4	,	,	PUNCT
ajfa-8318	364	5	81	81	NUM
ajfa-8318	364	6	,	,	PUNCT
ajfa-8318	364	7	781	781	NUM
ajfa-8318	364	8	-	-	NUM
ajfa-8318	364	9	809	809	NUM
ajfa-8318	364	10	.	.	PUNCT
ajfa-8318	365	1	http://dx.doi.org/10.2308/accr.2006.81.4.781	http://dx.doi.org/10.2308/accr.2006.81.4.781	X
ajfa-8318	365	2	godfrey	godfrey	PROPN
ajfa-8318	365	3	,	,	PUNCT
ajfa-8318	365	4	j.	j.	PROPN
ajfa-8318	365	5	,	,	PUNCT
ajfa-8318	365	6	mather	mather	PROPN
ajfa-8318	365	7	,	,	PUNCT
ajfa-8318	365	8	p.	p.	PROPN
ajfa-8318	365	9	,	,	PUNCT
ajfa-8318	365	10	&	&	CCONJ
ajfa-8318	365	11	ramsay	ramsay	PROPN
ajfa-8318	365	12	,	,	PUNCT
ajfa-8318	365	13	a.	a.	PROPN
ajfa-8318	365	14	(	(	PUNCT
ajfa-8318	365	15	2003	2003	NUM
ajfa-8318	365	16	)	)	PUNCT
ajfa-8318	365	17	.	.	PUNCT
ajfa-8318	366	1	earnings	earning	NOUN
ajfa-8318	366	2	and	and	CCONJ
ajfa-8318	366	3	impression	impression	NOUN
ajfa-8318	366	4	management	management	NOUN
ajfa-8318	366	5	in	in	ADP
ajfa-8318	366	6	financial	financial	ADJ
ajfa-8318	366	7	reports	report	NOUN
ajfa-8318	366	8	:	:	PUNCT
ajfa-8318	366	9	the	the	DET
ajfa-8318	366	10	case	case	NOUN
ajfa-8318	366	11	of	of	ADP
ajfa-8318	366	12	ceo	ceo	NOUN
ajfa-8318	366	13	changes	change	NOUN
ajfa-8318	366	14	.	.	PUNCT
ajfa-8318	367	1	abacus	abacus	PROPN
ajfa-8318	367	2	,	,	PUNCT
ajfa-8318	367	3	39	39	NUM
ajfa-8318	367	4	,	,	PUNCT
ajfa-8318	367	5	95	95	NUM
ajfa-8318	367	6	-	-	SYM
ajfa-8318	367	7	123	123	NUM
ajfa-8318	367	8	.	.	PUNCT
ajfa-8318	368	1	http://dx.doi.org/10.1111/1467-6281.00122	http://dx.doi.org/10.1111/1467-6281.00122	PROPN
ajfa-8318	368	2	graham	graham	PROPN
ajfa-8318	368	3	,	,	PUNCT
ajfa-8318	368	4	j.	j.	PROPN
ajfa-8318	368	5	,	,	PUNCT
ajfa-8318	368	6	harvey	harvey	PROPN
ajfa-8318	368	7	,	,	PUNCT
ajfa-8318	368	8	c.	c.	PROPN
ajfa-8318	368	9	,	,	PUNCT
ajfa-8318	368	10	&	&	CCONJ
ajfa-8318	368	11	rajgopal	rajgopal	PROPN
ajfa-8318	368	12	,	,	PUNCT
ajfa-8318	368	13	s.	s.	PROPN
ajfa-8318	368	14	(	(	PUNCT
ajfa-8318	368	15	2005	2005	NUM
ajfa-8318	368	16	)	)	PUNCT
ajfa-8318	368	17	.	.	PUNCT
ajfa-8318	369	1	the	the	DET
ajfa-8318	369	2	economic	economic	ADJ
ajfa-8318	369	3	implications	implication	NOUN
ajfa-8318	369	4	of	of	ADP
ajfa-8318	369	5	corporate	corporate	ADJ
ajfa-8318	369	6	financial	financial	ADJ
ajfa-8318	369	7	reporting	reporting	NOUN
ajfa-8318	369	8	.	.	PUNCT
ajfa-8318	370	1	journal	journal	NOUN
ajfa-8318	370	2	of	of	ADP
ajfa-8318	370	3	accounting	accounting	NOUN
ajfa-8318	370	4	and	and	CCONJ
ajfa-8318	370	5	economics	economic	NOUN
ajfa-8318	370	6	,	,	PUNCT
ajfa-8318	370	7	40	40	NUM
ajfa-8318	370	8	,	,	PUNCT
ajfa-8318	370	9	3	3	NUM
ajfa-8318	370	10	-	-	SYM
ajfa-8318	370	11	73	73	NUM
ajfa-8318	370	12	.	.	PUNCT
ajfa-8318	371	1	http://dx.doi.org/10.1016/j.jacceco.2005.01.002	http://dx.doi.org/10.1016/j.jacceco.2005.01.002	NOUN
ajfa-8318	371	2	asian	asian	PROPN
ajfa-8318	371	3	journal	journal	PROPN
ajfa-8318	371	4	of	of	ADP
ajfa-8318	371	5	finance	finance	PROPN
ajfa-8318	371	6	&	&	CCONJ
ajfa-8318	371	7	accounting	accounting	PROPN
ajfa-8318	371	8	issn	issn	PROPN
ajfa-8318	371	9	1946	1946	NUM
ajfa-8318	371	10	-	-	PUNCT
ajfa-8318	371	11	052x	052x	NOUN
ajfa-8318	371	12	2015	2015	NUM
ajfa-8318	371	13	,	,	PUNCT
ajfa-8318	371	14	vol	vol	NOUN
ajfa-8318	371	15	.	.	PROPN
ajfa-8318	371	16	7	7	NUM
ajfa-8318	371	17	,	,	PUNCT
ajfa-8318	371	18	no	no	INTJ
ajfa-8318	371	19	.	.	NOUN
ajfa-8318	371	20	2	2	NUM
ajfa-8318	371	21	136	136	NUM
ajfa-8318	371	22	gunny	gunny	NOUN
ajfa-8318	371	23	,	,	PUNCT
ajfa-8318	371	24	k.	k.	PROPN
ajfa-8318	371	25	a.	a.	PROPN
ajfa-8318	371	26	(	(	PUNCT
ajfa-8318	371	27	2010	2010	NUM
ajfa-8318	371	28	)	)	PUNCT
ajfa-8318	371	29	.	.	PUNCT
ajfa-8318	372	1	the	the	DET
ajfa-8318	372	2	relation	relation	NOUN
ajfa-8318	372	3	between	between	ADP
ajfa-8318	372	4	earnings	earning	NOUN
ajfa-8318	372	5	management	management	NOUN
ajfa-8318	372	6	using	use	VERB
ajfa-8318	372	7	real	real	ADJ
ajfa-8318	372	8	activities	activity	NOUN
ajfa-8318	372	9	manipulation	manipulation	NOUN
ajfa-8318	372	10	and	and	CCONJ
ajfa-8318	372	11	future	future	ADJ
ajfa-8318	372	12	performance	performance	NOUN
ajfa-8318	372	13	:	:	PUNCT
ajfa-8318	372	14	evidence	evidence	NOUN
ajfa-8318	372	15	from	from	ADP
ajfa-8318	372	16	meeting	meet	VERB
ajfa-8318	372	17	earnings	earning	NOUN
ajfa-8318	372	18	benchmarks	benchmark	NOUN
ajfa-8318	372	19	.	.	PUNCT
ajfa-8318	373	1	contemporary	contemporary	ADJ
ajfa-8318	373	2	accounting	accounting	NOUN
ajfa-8318	373	3	research	research	NOUN
ajfa-8318	373	4	,	,	PUNCT
ajfa-8318	373	5	27	27	NUM
ajfa-8318	373	6	,	,	PUNCT
ajfa-8318	373	7	855	855	NUM
ajfa-8318	373	8	-	-	SYM
ajfa-8318	373	9	888	888	NUM
ajfa-8318	373	10	.	.	PUNCT
ajfa-8318	374	1	http://dx.doi.org/	http://dx.doi.org/	PROPN
ajfa-8318	374	2	10.1111	10.1111	NUM
ajfa-8318	374	3	/	/	SYM
ajfa-8318	374	4	j.1911	j.1911	PROPN
ajfa-8318	374	5	-	-	PUNCT
ajfa-8318	374	6	3846.2010.01029.x	3846.2010.01029.x	NUM
ajfa-8318	374	7	healy	healy	PROPN
ajfa-8318	374	8	,	,	PUNCT
ajfa-8318	374	9	p.	p.	NOUN
ajfa-8318	374	10	m.	m.	NOUN
ajfa-8318	374	11	,	,	PUNCT
ajfa-8318	374	12	&	&	CCONJ
ajfa-8318	374	13	wahlen	wahlen	PROPN
ajfa-8318	374	14	,	,	PUNCT
ajfa-8318	374	15	j.	j.	PROPN
ajfa-8318	374	16	m.	m.	PROPN
ajfa-8318	374	17	(	(	PUNCT
ajfa-8318	374	18	1999	1999	NUM
ajfa-8318	374	19	)	)	PUNCT
ajfa-8318	374	20	.	.	PUNCT
ajfa-8318	375	1	a	a	DET
ajfa-8318	375	2	review	review	NOUN
ajfa-8318	375	3	of	of	ADP
ajfa-8318	375	4	the	the	DET
ajfa-8318	375	5	earnings	earning	NOUN
ajfa-8318	375	6	management	management	NOUN
ajfa-8318	375	7	literature	literature	NOUN
ajfa-8318	375	8	and	and	CCONJ
ajfa-8318	375	9	its	its	PRON
ajfa-8318	375	10	implications	implication	NOUN
ajfa-8318	375	11	for	for	ADP
ajfa-8318	375	12	standard	standard	ADJ
ajfa-8318	375	13	setting	setting	NOUN
ajfa-8318	375	14	.	.	PUNCT
ajfa-8318	376	1	accounting	accounting	NOUN
ajfa-8318	376	2	horizons	horizon	NOUN
ajfa-8318	376	3	,	,	PUNCT
ajfa-8318	376	4	13	13	NUM
ajfa-8318	376	5	,	,	PUNCT
ajfa-8318	376	6	365	365	NUM
ajfa-8318	376	7	-	-	SYM
ajfa-8318	376	8	383	383	NUM
ajfa-8318	376	9	.	.	PUNCT
ajfa-8318	377	1	http://dx.doi.org/10.2308/acch.1999.13.4.365	http://dx.doi.org/10.2308/acch.1999.13.4.365	PROPN
ajfa-8318	377	2	holmstrom	holmstrom	PROPN
ajfa-8318	377	3	,	,	PUNCT
ajfa-8318	377	4	b.	b.	PROPN
ajfa-8318	377	5	(	(	PUNCT
ajfa-8318	377	6	1999	1999	NUM
ajfa-8318	377	7	)	)	PUNCT
ajfa-8318	377	8	.	.	PUNCT
ajfa-8318	378	1	managerial	managerial	ADJ
ajfa-8318	378	2	incentive	incentive	NOUN
ajfa-8318	378	3	problems	problem	NOUN
ajfa-8318	378	4	:	:	PUNCT
ajfa-8318	378	5	a	a	DET
ajfa-8318	378	6	dynamic	dynamic	ADJ
ajfa-8318	378	7	perspective	perspective	NOUN
ajfa-8318	378	8	.	.	PUNCT
ajfa-8318	379	1	review	review	NOUN
ajfa-8318	379	2	of	of	ADP
ajfa-8318	379	3	economic	economic	ADJ
ajfa-8318	379	4	studies	study	NOUN
ajfa-8318	379	5	,	,	PUNCT
ajfa-8318	379	6	66	66	NUM
ajfa-8318	379	7	,	,	PUNCT
ajfa-8318	379	8	183	183	NUM
ajfa-8318	379	9	-	-	SYM
ajfa-8318	379	10	98	98	NUM
ajfa-8318	379	11	.	.	PUNCT
ajfa-8318	380	1	http://dx.doi.org/10.1111/1467-937x.00083	http://dx.doi.org/10.1111/1467-937x.00083	PROPN
ajfa-8318	380	2	huson	huson	PROPN
ajfa-8318	380	3	,	,	PUNCT
ajfa-8318	380	4	m.	m.	PROPN
ajfa-8318	380	5	r.	r.	PROPN
ajfa-8318	380	6	,	,	PUNCT
ajfa-8318	380	7	malatesta	malatesta	PROPN
ajfa-8318	380	8	,	,	PUNCT
ajfa-8318	380	9	p.	p.	PROPN
ajfa-8318	380	10	h.	h.	PROPN
ajfa-8318	380	11	,	,	PUNCT
ajfa-8318	380	12	&	&	CCONJ
ajfa-8318	380	13	parrino	parrino	PROPN
ajfa-8318	380	14	,	,	PUNCT
ajfa-8318	380	15	r.	r.	PROPN
ajfa-8318	380	16	(	(	PUNCT
ajfa-8318	380	17	2004	2004	NUM
ajfa-8318	380	18	)	)	PUNCT
ajfa-8318	380	19	.	.	PUNCT
ajfa-8318	381	1	managerial	managerial	ADJ
ajfa-8318	381	2	succession	succession	NOUN
ajfa-8318	381	3	and	and	CCONJ
ajfa-8318	381	4	firm	firm	ADJ
ajfa-8318	381	5	perfor	perfor	PROPN
ajfa-8318	381	6	mance	mance	PROPN
ajfa-8318	381	7	.	.	PUNCT
ajfa-8318	382	1	journal	journal	PROPN
ajfa-8318	382	2	of	of	ADP
ajfa-8318	382	3	financial	financial	ADJ
ajfa-8318	382	4	economics	economic	NOUN
ajfa-8318	382	5	,	,	PUNCT
ajfa-8318	382	6	74	74	NUM
ajfa-8318	382	7	,	,	PUNCT
ajfa-8318	382	8	273	273	NUM
ajfa-8318	382	9	-	-	SYM
ajfa-8318	382	10	275	275	NUM
ajfa-8318	382	11	.	.	PUNCT
ajfa-8318	383	1	http://dx.doi.org/10.1016/j.jfineco.2003.08.002	http://dx.doi.org/10.1016/j.jfineco.2003.08.002	PROPN
ajfa-8318	383	2	johnson	johnson	PROPN
ajfa-8318	383	3	,	,	PUNCT
ajfa-8318	383	4	e.	e.	PROPN
ajfa-8318	383	5	n.	n.	PROPN
ajfa-8318	383	6	,	,	PUNCT
ajfa-8318	383	7	fleischman	fleischman	PROPN
ajfa-8318	383	8	,	,	PUNCT
ajfa-8318	383	9	g.	g.	PROPN
ajfa-8318	383	10	m.	m.	PROPN
ajfa-8318	383	11	,	,	PUNCT
ajfa-8318	383	12	valentine	valentine	PROPN
ajfa-8318	383	13	,	,	PUNCT
ajfa-8318	383	14	s.	s.	PROPN
ajfa-8318	383	15	,	,	PUNCT
ajfa-8318	383	16	&	&	CCONJ
ajfa-8318	383	17	walker	walker	PROPN
ajfa-8318	383	18	,	,	PUNCT
ajfa-8318	383	19	k.	k.	PROPN
ajfa-8318	383	20	b.	b.	PROPN
ajfa-8318	383	21	(	(	PUNCT
ajfa-8318	383	22	2012	2012	NUM
ajfa-8318	383	23	)	)	PUNCT
ajfa-8318	383	24	.	.	PUNCT
ajfa-8318	384	1	managers	manager	NOUN
ajfa-8318	384	2	’	’	PART
ajfa-8318	384	3	ethical	ethical	ADJ
ajfa-8318	384	4	evaluations	evaluation	NOUN
ajfa-8318	384	5	of	of	ADP
ajfa-8318	384	6	earnings	earning	NOUN
ajfa-8318	384	7	management	management	NOUN
ajfa-8318	384	8	and	and	CCONJ
ajfa-8318	384	9	its	its	PRON
ajfa-8318	384	10	consequences	consequence	NOUN
ajfa-8318	384	11	.	.	PUNCT
ajfa-8318	385	1	contemporary	contemporary	ADJ
ajfa-8318	385	2	accounting	accounting	NOUN
ajfa-8318	385	3	research	research	NOUN
ajfa-8318	385	4	,	,	PUNCT
ajfa-8318	385	5	29(3	29(3	NUM
ajfa-8318	385	6	)	)	PUNCT
ajfa-8318	385	7	,	,	PUNCT
ajfa-8318	385	8	910	910	NUM
ajfa-8318	385	9	-	-	SYM
ajfa-8318	385	10	927	927	NUM
ajfa-8318	385	11	.	.	PUNCT
ajfa-8318	386	1	http://dx.doi.org/10.1111/j.1911-3846.2011.01135.x	http://dx.doi.org/10.1111/j.1911-3846.2011.01135.x	NOUN
ajfa-8318	386	2	jones	jones	PROPN
ajfa-8318	386	3	,	,	PUNCT
ajfa-8318	386	4	j.	j.	PROPN
ajfa-8318	386	5	(	(	PUNCT
ajfa-8318	386	6	1991	1991	NUM
ajfa-8318	386	7	)	)	PUNCT
ajfa-8318	386	8	.	.	PUNCT
ajfa-8318	387	1	earnings	earning	NOUN
ajfa-8318	387	2	management	management	NOUN
ajfa-8318	387	3	during	during	ADP
ajfa-8318	387	4	import	import	NOUN
ajfa-8318	387	5	relief	relief	NOUN
ajfa-8318	387	6	investigations	investigation	NOUN
ajfa-8318	387	7	.	.	PUNCT
ajfa-8318	388	1	journal	journal	NOUN
ajfa-8318	388	2	of	of	ADP
ajfa-8318	388	3	accounting	accounting	NOUN
ajfa-8318	388	4	research	research	NOUN
ajfa-8318	388	5	,	,	PUNCT
ajfa-8318	388	6	autumn	autumn	NOUN
ajfa-8318	388	7	,	,	PUNCT
ajfa-8318	388	8	193	193	NUM
ajfa-8318	388	9	-	-	SYM
ajfa-8318	388	10	228	228	NUM
ajfa-8318	388	11	.	.	PUNCT
ajfa-8318	389	1	knous	knous	PROPN
ajfa-8318	389	2	,	,	PUNCT
ajfa-8318	389	3	s.	s.	PROPN
ajfa-8318	389	4	b.	b.	PROPN
ajfa-8318	389	5	,	,	PUNCT
ajfa-8318	389	6	&	&	CCONJ
ajfa-8318	389	7	giacalone	giacalone	PROPN
ajfa-8318	389	8	,	,	PUNCT
ajfa-8318	389	9	r.	r.	PROPN
ajfa-8318	389	10	a.	a.	PROPN
ajfa-8318	389	11	(	(	PUNCT
ajfa-8318	389	12	1992	1992	NUM
ajfa-8318	389	13	)	)	PUNCT
ajfa-8318	389	14	.	.	PUNCT
ajfa-8318	390	1	ethical	ethical	ADJ
ajfa-8318	390	2	decision	decision	NOUN
ajfa-8318	390	3	-	-	PUNCT
ajfa-8318	390	4	making	making	NOUN
ajfa-8318	390	5	in	in	ADP
ajfa-8318	390	6	business	business	NOUN
ajfa-8318	390	7	:	:	PUNCT
ajfa-8318	390	8	behavioral	behavioral	ADJ
ajfa-8318	390	9	issues	issue	NOUN
ajfa-8318	390	10	and	and	CCONJ
ajfa-8318	390	11	concerns	concern	NOUN
ajfa-8318	390	12	.	.	PUNCT
ajfa-8318	391	1	journal	journal	PROPN
ajfa-8318	391	2	of	of	ADP
ajfa-8318	391	3	business	business	NOUN
ajfa-8318	391	4	ethics	ethic	NOUN
ajfa-8318	391	5	,	,	PUNCT
ajfa-8318	391	6	11	11	NUM
ajfa-8318	391	7	,	,	PUNCT
ajfa-8318	391	8	369	369	NUM
ajfa-8318	391	9	-	-	SYM
ajfa-8318	391	10	377	377	NUM
ajfa-8318	391	11	.	.	PUNCT
ajfa-8318	392	1	http://dx.doi.org/10.1007/bf00870549	http://dx.doi.org/10.1007/bf00870549	PROPN
ajfa-8318	392	2	kothari	kothari	PROPN
ajfa-8318	392	3	,	,	PUNCT
ajfa-8318	392	4	s.	s.	PROPN
ajfa-8318	392	5	p.	p.	PROPN
ajfa-8318	392	6	,	,	PUNCT
ajfa-8318	392	7	leone	leone	PROPN
ajfa-8318	392	8	,	,	PUNCT
ajfa-8318	392	9	a.	a.	PROPN
ajfa-8318	392	10	j.	j.	PROPN
ajfa-8318	392	11	,	,	PUNCT
ajfa-8318	392	12	&	&	CCONJ
ajfa-8318	392	13	wasley	wasley	PROPN
ajfa-8318	392	14	,	,	PUNCT
ajfa-8318	392	15	c.	c.	PROPN
ajfa-8318	392	16	e.	e.	PROPN
ajfa-8318	392	17	(	(	PUNCT
ajfa-8318	392	18	2005	2005	NUM
ajfa-8318	392	19	)	)	PUNCT
ajfa-8318	392	20	.	.	PUNCT
ajfa-8318	393	1	performance	performance	NOUN
ajfa-8318	393	2	matched	match	VERB
ajfa-8318	393	3	discretionary	discretionary	ADJ
ajfa-8318	393	4	accrual	accrual	ADJ
ajfa-8318	393	5	measures	measure	NOUN
ajfa-8318	393	6	.	.	PUNCT
ajfa-8318	394	1	journal	journal	NOUN
ajfa-8318	394	2	of	of	ADP
ajfa-8318	394	3	accounting	accounting	NOUN
ajfa-8318	394	4	and	and	CCONJ
ajfa-8318	394	5	economics	economic	NOUN
ajfa-8318	394	6	,	,	PUNCT
ajfa-8318	394	7	39(1	39(1	NUM
ajfa-8318	394	8	)	)	PUNCT
ajfa-8318	394	9	,	,	PUNCT
ajfa-8318	394	10	163	163	NUM
ajfa-8318	394	11	-	-	SYM
ajfa-8318	394	12	197	197	NUM
ajfa-8318	394	13	.	.	PUNCT
ajfa-8318	395	1	http://dx.doi.org/10.1016/j.jacceco.2004.11.002	http://dx.doi.org/10.1016/j.jacceco.2004.11.002	PROPN
ajfa-8318	395	2	matsuura	matsuura	PROPN
ajfa-8318	395	3	,	,	PUNCT
ajfa-8318	395	4	s.	s.	PROPN
ajfa-8318	395	5	(	(	PUNCT
ajfa-8318	395	6	2008	2008	NUM
ajfa-8318	395	7	)	)	PUNCT
ajfa-8318	395	8	.	.	PUNCT
ajfa-8318	396	1	on	on	ADP
ajfa-8318	396	2	the	the	DET
ajfa-8318	396	3	relation	relation	NOUN
ajfa-8318	396	4	between	between	ADP
ajfa-8318	396	5	real	real	ADJ
ajfa-8318	396	6	earnings	earning	NOUN
ajfa-8318	396	7	management	management	NOUN
ajfa-8318	396	8	and	and	CCONJ
ajfa-8318	396	9	accounting	accounting	NOUN
ajfa-8318	396	10	earnings	earning	NOUN
ajfa-8318	396	11	management	management	NOUN
ajfa-8318	396	12	:	:	PUNCT
ajfa-8318	396	13	income	income	NOUN
ajfa-8318	396	14	smoothing	smooth	VERB
ajfa-8318	396	15	perspective	perspective	NOUN
ajfa-8318	396	16	.	.	PUNCT
ajfa-8318	397	1	journal	journal	PROPN
ajfa-8318	397	2	of	of	ADP
ajfa-8318	397	3	international	international	ADJ
ajfa-8318	397	4	business	business	NOUN
ajfa-8318	397	5	research	research	NOUN
ajfa-8318	397	6	,	,	PUNCT
ajfa-8318	397	7	7(3	7(3	NUM
ajfa-8318	397	8	)	)	PUNCT
ajfa-8318	397	9	,	,	PUNCT
ajfa-8318	397	10	63	63	NUM
ajfa-8318	397	11	-	-	SYM
ajfa-8318	397	12	77	77	NUM
ajfa-8318	397	13	.	.	PUNCT
ajfa-8318	398	1	milbourn	milbourn	NOUN
ajfa-8318	398	2	,	,	PUNCT
ajfa-8318	398	3	t.	t.	PROPN
ajfa-8318	398	4	(	(	PUNCT
ajfa-8318	398	5	2003	2003	NUM
ajfa-8318	398	6	)	)	PUNCT
ajfa-8318	398	7	.	.	PUNCT
ajfa-8318	399	1	ceo	ceo	NOUN
ajfa-8318	399	2	reputation	reputation	NOUN
ajfa-8318	399	3	and	and	CCONJ
ajfa-8318	399	4	stock	stock	NOUN
ajfa-8318	399	5	-	-	PUNCT
ajfa-8318	399	6	based	base	VERB
ajfa-8318	399	7	compensation	compensation	NOUN
ajfa-8318	399	8	.	.	PUNCT
ajfa-8318	400	1	journal	journal	PROPN
ajfa-8318	400	2	of	of	ADP
ajfa-8318	400	3	financial	financial	ADJ
ajfa-8318	400	4	economics	economic	NOUN
ajfa-8318	400	5	,	,	PUNCT
ajfa-8318	400	6	68	68	NUM
ajfa-8318	400	7	,	,	PUNCT
ajfa-8318	400	8	233	233	NUM
ajfa-8318	400	9	-	-	SYM
ajfa-8318	400	10	262	262	NUM
ajfa-8318	400	11	.	.	PUNCT
ajfa-8318	401	1	http://dx.doi.org/10.1016/s0304-405x(03)00066-7	http://dx.doi.org/10.1016/s0304-405x(03)00066-7	ADJ
ajfa-8318	401	2	pourciau	pourciau	NOUN
ajfa-8318	401	3	,	,	PUNCT
ajfa-8318	401	4	s.	s.	PROPN
ajfa-8318	401	5	(	(	PUNCT
ajfa-8318	401	6	1993	1993	NUM
ajfa-8318	401	7	)	)	PUNCT
ajfa-8318	401	8	.	.	PUNCT
ajfa-8318	402	1	earnings	earning	NOUN
ajfa-8318	402	2	management	management	NOUN
ajfa-8318	402	3	and	and	CCONJ
ajfa-8318	402	4	nonroutine	nonroutine	NOUN
ajfa-8318	402	5	executive	executive	ADJ
ajfa-8318	402	6	changes	change	NOUN
ajfa-8318	402	7	.	.	PUNCT
ajfa-8318	403	1	journal	journal	NOUN
ajfa-8318	403	2	of	of	ADP
ajfa-8318	403	3	accounting	accounting	NOUN
ajfa-8318	403	4	and	and	CCONJ
ajfa-8318	403	5	economics	economic	NOUN
ajfa-8318	403	6	,	,	PUNCT
ajfa-8318	403	7	16	16	NUM
ajfa-8318	403	8	,	,	PUNCT
ajfa-8318	403	9	317	317	NUM
ajfa-8318	403	10	-	-	SYM
ajfa-8318	403	11	336	336	NUM
ajfa-8318	403	12	.	.	PUNCT
ajfa-8318	404	1	http://dx.doi.org/10.1016/0165-4101(93)90015-8	http://dx.doi.org/10.1016/0165-4101(93)90015-8	PROPN
ajfa-8318	404	2	roychowdhury	roychowdhury	PROPN
ajfa-8318	404	3	,	,	PUNCT
ajfa-8318	404	4	s.	s.	PROPN
ajfa-8318	404	5	(	(	PUNCT
ajfa-8318	404	6	2006	2006	NUM
ajfa-8318	404	7	)	)	PUNCT
ajfa-8318	404	8	.	.	PUNCT
ajfa-8318	405	1	earnings	earning	NOUN
ajfa-8318	405	2	management	management	NOUN
ajfa-8318	405	3	through	through	ADP
ajfa-8318	405	4	real	real	ADJ
ajfa-8318	405	5	activities	activity	NOUN
ajfa-8318	405	6	manipulation	manipulation	NOUN
ajfa-8318	405	7	.	.	PUNCT
ajfa-8318	406	1	journal	journal	NOUN
ajfa-8318	406	2	of	of	ADP
ajfa-8318	406	3	accounting	accounting	NOUN
ajfa-8318	406	4	and	and	CCONJ
ajfa-8318	406	5	economics	economic	NOUN
ajfa-8318	406	6	,	,	PUNCT
ajfa-8318	406	7	42	42	NUM
ajfa-8318	406	8	,	,	PUNCT
ajfa-8318	406	9	335	335	NUM
ajfa-8318	406	10	-	-	SYM
ajfa-8318	406	11	370	370	NUM
ajfa-8318	406	12	.	.	PUNCT
ajfa-8318	407	1	http://dx.doi.org/10.1016/j.jacceco.2006.01.002	http://dx.doi.org/10.1016/j.jacceco.2006.01.002	PROPN
ajfa-8318	407	2	seybert	seybert	PROPN
ajfa-8318	407	3	,	,	PUNCT
ajfa-8318	407	4	n.	n.	PROPN
ajfa-8318	407	5	(	(	PUNCT
ajfa-8318	407	6	2010	2010	NUM
ajfa-8318	407	7	)	)	PUNCT
ajfa-8318	407	8	.	.	PUNCT
ajfa-8318	408	1	r&d	r&d	NOUN
ajfa-8318	408	2	capitalization	capitalization	NOUN
ajfa-8318	408	3	and	and	CCONJ
ajfa-8318	408	4	reputation	reputation	NOUN
ajfa-8318	408	5	-	-	PUNCT
ajfa-8318	408	6	driven	drive	VERB
ajfa-8318	408	7	real	real	ADJ
ajfa-8318	408	8	earnings	earning	NOUN
ajfa-8318	408	9	management	management	NOUN
ajfa-8318	408	10	.	.	PUNCT
ajfa-8318	409	1	the	the	DET
ajfa-8318	409	2	accounting	accounting	NOUN
ajfa-8318	409	3	review	review	NOUN
ajfa-8318	409	4	,	,	PUNCT
ajfa-8318	409	5	85	85	NUM
ajfa-8318	409	6	,	,	PUNCT
ajfa-8318	409	7	671	671	NUM
ajfa-8318	409	8	-	-	SYM
ajfa-8318	409	9	693	693	NUM
ajfa-8318	409	10	.	.	PUNCT
ajfa-8318	410	1	http://dx.doi.org/10.2308/accr.2010.85.2.671	http://dx.doi.org/10.2308/accr.2010.85.2.671	PROPN
ajfa-8318	410	2	taylor	taylor	PROPN
ajfa-8318	410	3	,	,	PUNCT
ajfa-8318	410	4	g.	g.	PROPN
ajfa-8318	410	5	k.	k.	PROPN
ajfa-8318	410	6	,	,	PUNCT
ajfa-8318	410	7	&	&	CCONJ
ajfa-8318	410	8	xu	xu	PROPN
ajfa-8318	410	9	,	,	PUNCT
ajfa-8318	410	10	r.	r.	PROPN
ajfa-8318	410	11	z.	z.	PROPN
ajfa-8318	410	12	(	(	PUNCT
ajfa-8318	410	13	2010	2010	NUM
ajfa-8318	410	14	)	)	PUNCT
ajfa-8318	410	15	.	.	PUNCT
ajfa-8318	411	1	consequences	consequence	NOUN
ajfa-8318	411	2	of	of	ADP
ajfa-8318	411	3	real	real	ADJ
ajfa-8318	411	4	earnings	earning	NOUN
ajfa-8318	411	5	management	management	NOUN
ajfa-8318	411	6	on	on	ADP
ajfa-8318	411	7	subsequent	subsequent	ADJ
ajfa-8318	411	8	operating	operating	NOUN
ajfa-8318	411	9	performance	performance	NOUN
ajfa-8318	411	10	.	.	PUNCT
ajfa-8318	412	1	research	research	NOUN
ajfa-8318	412	2	in	in	ADP
ajfa-8318	412	3	accounting	accounting	NOUN
ajfa-8318	412	4	regulation	regulation	NOUN
ajfa-8318	412	5	,	,	PUNCT
ajfa-8318	412	6	22	22	NUM
ajfa-8318	412	7	,	,	PUNCT
ajfa-8318	412	8	128	128	NUM
ajfa-8318	412	9	-	-	SYM
ajfa-8318	412	10	132	132	NUM
ajfa-8318	412	11	.	.	PUNCT
ajfa-8318	413	1	asian	asian	ADJ
ajfa-8318	413	2	journal	journal	PROPN
ajfa-8318	413	3	of	of	ADP
ajfa-8318	413	4	finance	finance	PROPN
ajfa-8318	413	5	&	&	CCONJ
ajfa-8318	413	6	accounting	accounting	PROPN
ajfa-8318	413	7	issn	issn	PROPN
ajfa-8318	413	8	1946	1946	NUM
ajfa-8318	413	9	-	-	PUNCT
ajfa-8318	413	10	052x	052x	NOUN
ajfa-8318	413	11	2015	2015	NUM
ajfa-8318	413	12	,	,	PUNCT
ajfa-8318	413	13	vol	vol	NOUN
ajfa-8318	413	14	.	.	PROPN
ajfa-8318	413	15	7	7	NUM
ajfa-8318	413	16	,	,	PUNCT
ajfa-8318	413	17	no	no	INTJ
ajfa-8318	413	18	.	.	NOUN
ajfa-8318	413	19	2	2	NUM
ajfa-8318	413	20	137	137	NUM
ajfa-8318	413	21	http://dx.doi.org/10.1016/j.racreg.2010.07.008	http://dx.doi.org/10.1016/j.racreg.2010.07.008	NOUN
ajfa-8318	413	22	warner	warner	PROPN
ajfa-8318	413	23	,	,	PUNCT
ajfa-8318	413	24	j.	j.	PROPN
ajfa-8318	413	25	b.	b.	PROPN
ajfa-8318	413	26	,	,	PUNCT
ajfa-8318	413	27	watts	watts	PROPN
ajfa-8318	413	28	,	,	PUNCT
ajfa-8318	413	29	r.	r.	PROPN
ajfa-8318	413	30	l.	l.	PROPN
ajfa-8318	413	31	,	,	PUNCT
ajfa-8318	413	32	&	&	CCONJ
ajfa-8318	413	33	wruck	wruck	PROPN
ajfa-8318	413	34	,	,	PUNCT
ajfa-8318	413	35	k.	k.	PROPN
ajfa-8318	413	36	h.	h.	PROPN
ajfa-8318	413	37	(	(	PUNCT
ajfa-8318	413	38	1988	1988	NUM
ajfa-8318	413	39	)	)	PUNCT
ajfa-8318	413	40	.	.	PUNCT
ajfa-8318	414	1	stock	stock	NOUN
ajfa-8318	414	2	prices	price	NOUN
ajfa-8318	414	3	and	and	CCONJ
ajfa-8318	414	4	top	top	ADJ
ajfa-8318	414	5	management	management	NOUN
ajfa-8318	414	6	changes	change	NOUN
ajfa-8318	414	7	.	.	PUNCT
ajfa-8318	415	1	journal	journal	NOUN
ajfa-8318	415	2	of	of	ADP
ajfa-8318	415	3	financial	financial	ADJ
ajfa-8318	415	4	economics	economic	NOUN
ajfa-8318	415	5	,	,	PUNCT
ajfa-8318	415	6	march	march	PROPN
ajfa-8318	415	7	,	,	PUNCT
ajfa-8318	415	8	461	461	NUM
ajfa-8318	415	9	-	-	SYM
ajfa-8318	415	10	492	492	NUM
ajfa-8318	415	11	.	.	PUNCT
ajfa-8318	416	1	http://dx.doi.org/10.1016/0304-405x(88)90054-2	http://dx.doi.org/10.1016/0304-405x(88)90054-2	ADP
ajfa-8318	416	2	zang	zang	PROPN
ajfa-8318	416	3	,	,	PUNCT
ajfa-8318	416	4	a.	a.	NOUN
ajfa-8318	416	5	(	(	PUNCT
ajfa-8318	416	6	2012	2012	NUM
ajfa-8318	416	7	)	)	PUNCT
ajfa-8318	416	8	.	.	PUNCT
ajfa-8318	417	1	evidence	evidence	NOUN
ajfa-8318	417	2	on	on	ADP
ajfa-8318	417	3	the	the	DET
ajfa-8318	417	4	tradeoff	tradeoff	NOUN
ajfa-8318	417	5	between	between	ADP
ajfa-8318	417	6	real	real	ADJ
ajfa-8318	417	7	activities	activity	NOUN
ajfa-8318	417	8	manipulation	manipulation	NOUN
ajfa-8318	417	9	and	and	CCONJ
ajfa-8318	417	10	accrual	accrual	ADJ
ajfa-8318	417	11	-	-	PUNCT
ajfa-8318	417	12	based	base	VERB
ajfa-8318	417	13	earnings	earning	NOUN
ajfa-8318	417	14	management	management	NOUN
ajfa-8318	417	15	.	.	PUNCT
ajfa-8318	418	1	the	the	DET
ajfa-8318	418	2	accounting	accounting	PROPN
ajfa-8318	418	3	review	review	PROPN
ajfa-8318	418	4	,	,	PUNCT
ajfa-8318	418	5	87(2	87(2	NUM
ajfa-8318	418	6	)	)	PUNCT
ajfa-8318	418	7	,	,	PUNCT
ajfa-8318	418	8	675	675	NUM
ajfa-8318	418	9	-	-	SYM
ajfa-8318	418	10	703	703	NUM
ajfa-8318	418	11	.	.	PUNCT
ajfa-8318	419	1	http://dx.doi.org/10.2308/accr-10196	http://dx.doi.org/10.2308/accr-10196	PROPN
ajfa-8318	419	2	zhao	zhao	PROPN
ajfa-8318	419	3	,	,	PUNCT
ajfa-8318	419	4	y.	y.	PROPN
ajfa-8318	419	5	,	,	PUNCT
ajfa-8318	419	6	chen	chen	PROPN
ajfa-8318	419	7	,	,	PUNCT
ajfa-8318	419	8	k.	k.	PROPN
ajfa-8318	419	9	h.	h.	PROPN
ajfa-8318	419	10	,	,	PUNCT
ajfa-8318	419	11	zhang	zhang	PROPN
ajfa-8318	419	12	,	,	PUNCT
ajfa-8318	419	13	y.	y.	PROPN
ajfa-8318	419	14	,	,	PUNCT
ajfa-8318	419	15	&	&	CCONJ
ajfa-8318	419	16	davis	davis	PROPN
ajfa-8318	419	17	,	,	PUNCT
ajfa-8318	419	18	m.	m.	NOUN
ajfa-8318	419	19	(	(	PUNCT
ajfa-8318	419	20	2012	2012	NUM
ajfa-8318	419	21	)	)	PUNCT
ajfa-8318	419	22	.	.	PUNCT
ajfa-8318	420	1	takeover	takeover	NOUN
ajfa-8318	420	2	protection	protection	NOUN
ajfa-8318	420	3	and	and	CCONJ
ajfa-8318	420	4	managerial	managerial	ADJ
ajfa-8318	420	5	myopia	myopia	NOUN
ajfa-8318	420	6	:	:	PUNCT
ajfa-8318	420	7	evidence	evidence	NOUN
ajfa-8318	420	8	from	from	ADP
ajfa-8318	420	9	real	real	ADJ
ajfa-8318	420	10	earnings	earning	NOUN
ajfa-8318	420	11	management	management	NOUN
ajfa-8318	420	12	.	.	PUNCT
ajfa-8318	421	1	journal	journal	NOUN
ajfa-8318	421	2	of	of	ADP
ajfa-8318	421	3	accounting	accounting	NOUN
ajfa-8318	421	4	and	and	CCONJ
ajfa-8318	421	5	public	public	ADJ
ajfa-8318	421	6	policy	policy	NOUN
ajfa-8318	421	7	,	,	PUNCT
ajfa-8318	421	8	31	31	NUM
ajfa-8318	421	9	,	,	PUNCT
ajfa-8318	421	10	109	109	NUM
ajfa-8318	421	11	-	-	SYM
ajfa-8318	421	12	135	135	NUM
ajfa-8318	421	13	.	.	PUNCT
ajfa-8318	422	1	http://dx.doi.org/10.1016/j.jaccpubpol.2011.08.004	http://dx.doi.org/10.1016/j.jaccpubpol.2011.08.004	NOUN
ajfa-8318	422	2	zhou	zhou	PROPN
ajfa-8318	422	3	,	,	PUNCT
ajfa-8318	422	4	j.	j.	PROPN
ajfa-8318	422	5	(	(	PUNCT
ajfa-8318	422	6	2007	2007	NUM
ajfa-8318	422	7	)	)	PUNCT
ajfa-8318	422	8	.	.	PUNCT
ajfa-8318	423	1	financial	financial	ADJ
ajfa-8318	423	2	reporting	reporting	NOUN
ajfa-8318	423	3	after	after	ADP
ajfa-8318	423	4	the	the	DET
ajfa-8318	423	5	sarbanes	sarbanes	PROPN
ajfa-8318	423	6	-	-	PUNCT
ajfa-8318	423	7	oxley	oxley	ADJ
ajfa-8318	423	8	act	act	NOUN
ajfa-8318	423	9	:	:	PUNCT
ajfa-8318	423	10	conservative	conservative	ADJ
ajfa-8318	423	11	or	or	CCONJ
ajfa-8318	423	12	less	less	ADJ
ajfa-8318	423	13	earn	earn	NOUN
ajfa-8318	423	14	ings	ing	NOUN
ajfa-8318	423	15	management	management	NOUN
ajfa-8318	423	16	?	?	PUNCT
ajfa-8318	424	1	research	research	NOUN
ajfa-8318	424	2	in	in	ADP
ajfa-8318	424	3	accounting	accounting	NOUN
ajfa-8318	424	4	regulation	regulation	NOUN
ajfa-8318	424	5	,	,	PUNCT
ajfa-8318	424	6	20	20	NUM
ajfa-8318	424	7	,	,	PUNCT
ajfa-8318	424	8	187	187	NUM
ajfa-8318	424	9	-	-	SYM
ajfa-8318	424	10	192	192	NUM
ajfa-8318	424	11	.	.	PUNCT
ajfa-8318	425	1	http://dx.doi.org/10.1016/s1052-0457(07)00210-x	http://dx.doi.org/10.1016/s1052-0457(07)00210-x	VERB