id	sid	tid	token	lemma	pos
ssh-522	1	1	bcp	bcp	VERB
ssh-522	1	2	social	social	PROPN
ssh-522	1	3	sciences	sciences	PROPN
ssh-522	1	4	&	&	CCONJ
ssh-522	1	5	humanities	humanity	NOUN
ssh-522	1	6	isss	isss	VERB
ssh-522	1	7	2022	2022	NUM
ssh-522	1	8	volume	volume	NOUN
ssh-522	1	9	16	16	NUM
ssh-522	1	10	(	(	PUNCT
ssh-522	1	11	2022	2022	NUM
ssh-522	1	12	)	)	PUNCT
ssh-522	1	13	630	630	NUM
ssh-522	1	14	corporate	corporate	ADJ
ssh-522	1	15	financing	financing	NOUN
ssh-522	1	16	constraints	constraint	NOUN
ssh-522	1	17	and	and	CCONJ
ssh-522	1	18	stock	stock	NOUN
ssh-522	1	19	price	price	NOUN
ssh-522	1	20	crash	crash	NOUN
ssh-522	1	21	risk	risk	NOUN
ssh-522	1	22	based	base	VERB
ssh-522	1	23	on	on	ADP
ssh-522	1	24	overinvestment	overinvestment	ADJ
ssh-522	1	25	perspective	perspective	PROPN
ssh-522	1	26	chenyang	chenyang	PROPN
ssh-522	1	27	peng	peng	PROPN
ssh-522	1	28	financial	financial	PROPN
ssh-522	1	29	engineering	engineering	PROPN
ssh-522	1	30	,	,	PUNCT
ssh-522	1	31	guilin	guilin	PROPN
ssh-522	1	32	university	university	PROPN
ssh-522	1	33	of	of	ADP
ssh-522	1	34	electronic	electronic	ADJ
ssh-522	1	35	technology	technology	NOUN
ssh-522	1	36	,	,	PUNCT
ssh-522	1	37	guilin	guilin	PROPN
ssh-522	1	38	guangxi	guangxi	PROPN
ssh-522	1	39	,	,	PUNCT
ssh-522	1	40	541000	541000	NUM
ssh-522	1	41	,	,	PUNCT
ssh-522	1	42	china	china	PROPN
ssh-522	1	43	abstract	abstract	NOUN
ssh-522	1	44	.	.	PUNCT
ssh-522	2	1	as	as	ADP
ssh-522	2	2	an	an	DET
ssh-522	2	3	anomaly	anomaly	NOUN
ssh-522	2	4	in	in	ADP
ssh-522	2	5	the	the	DET
ssh-522	2	6	capital	capital	NOUN
ssh-522	2	7	market	market	NOUN
ssh-522	2	8	,	,	PUNCT
ssh-522	2	9	the	the	DET
ssh-522	2	10	frequent	frequent	ADJ
ssh-522	2	11	occurrence	occurrence	NOUN
ssh-522	2	12	of	of	ADP
ssh-522	2	13	domestic	domestic	ADJ
ssh-522	2	14	and	and	CCONJ
ssh-522	2	15	foreign	foreign	ADJ
ssh-522	2	16	stock	stock	NOUN
ssh-522	2	17	price	price	NOUN
ssh-522	2	18	crashes	crash	NOUN
ssh-522	2	19	can	can	AUX
ssh-522	2	20	bring	bring	VERB
ssh-522	2	21	great	great	ADJ
ssh-522	2	22	impact	impact	NOUN
ssh-522	2	23	on	on	ADP
ssh-522	2	24	the	the	DET
ssh-522	2	25	stability	stability	NOUN
ssh-522	2	26	of	of	ADP
ssh-522	2	27	the	the	DET
ssh-522	2	28	market	market	NOUN
ssh-522	2	29	and	and	CCONJ
ssh-522	2	30	economic	economic	ADJ
ssh-522	2	31	development	development	NOUN
ssh-522	2	32	.	.	PUNCT
ssh-522	3	1	the	the	DET
ssh-522	3	2	causes	cause	NOUN
ssh-522	3	3	have	have	AUX
ssh-522	3	4	also	also	ADV
ssh-522	3	5	become	become	VERB
ssh-522	3	6	an	an	DET
ssh-522	3	7	important	important	ADJ
ssh-522	3	8	topic	topic	NOUN
ssh-522	3	9	of	of	ADP
ssh-522	3	10	research	research	NOUN
ssh-522	3	11	for	for	ADP
ssh-522	3	12	scholars	scholar	NOUN
ssh-522	3	13	,	,	PUNCT
ssh-522	3	14	and	and	CCONJ
ssh-522	3	15	this	this	DET
ssh-522	3	16	paper	paper	NOUN
ssh-522	3	17	uses	use	VERB
ssh-522	3	18	data	datum	NOUN
ssh-522	3	19	of	of	ADP
ssh-522	3	20	a	a	DET
ssh-522	3	21	-	-	PUNCT
ssh-522	3	22	share	share	NOUN
ssh-522	3	23	listed	list	VERB
ssh-522	3	24	companies	company	NOUN
ssh-522	3	25	of	of	ADP
ssh-522	3	26	china	china	PROPN
ssh-522	3	27	in	in	ADP
ssh-522	3	28	2018	2018	NUM
ssh-522	3	29	to	to	PART
ssh-522	3	30	study	study	VERB
ssh-522	3	31	the	the	DET
ssh-522	3	32	impact	impact	NOUN
ssh-522	3	33	of	of	ADP
ssh-522	3	34	financing	financing	NOUN
ssh-522	3	35	constraints	constraint	NOUN
ssh-522	3	36	on	on	ADP
ssh-522	3	37	the	the	DET
ssh-522	3	38	risk	risk	NOUN
ssh-522	3	39	of	of	ADP
ssh-522	3	40	stock	stock	NOUN
ssh-522	3	41	price	price	NOUN
ssh-522	3	42	crashes	crash	NOUN
ssh-522	3	43	.	.	PUNCT
ssh-522	4	1	the	the	DET
ssh-522	4	2	results	result	NOUN
ssh-522	4	3	show	show	VERB
ssh-522	4	4	that	that	SCONJ
ssh-522	4	5	the	the	DET
ssh-522	4	6	degree	degree	NOUN
ssh-522	4	7	of	of	ADP
ssh-522	4	8	financing	financing	NOUN
ssh-522	4	9	constraints	constraint	NOUN
ssh-522	4	10	is	be	AUX
ssh-522	4	11	significantly	significantly	ADV
ssh-522	4	12	and	and	CCONJ
ssh-522	4	13	negatively	negatively	ADV
ssh-522	4	14	related	relate	VERB
ssh-522	4	15	to	to	ADP
ssh-522	4	16	the	the	DET
ssh-522	4	17	risk	risk	NOUN
ssh-522	4	18	of	of	ADP
ssh-522	4	19	stock	stock	NOUN
ssh-522	4	20	price	price	NOUN
ssh-522	4	21	collapse	collapse	NOUN
ssh-522	4	22	,	,	PUNCT
ssh-522	4	23	i.e.	i.e.	X
ssh-522	4	24	,	,	PUNCT
ssh-522	4	25	the	the	PRON
ssh-522	4	26	higher	high	ADJ
ssh-522	4	27	the	the	DET
ssh-522	4	28	degree	degree	NOUN
ssh-522	4	29	of	of	ADP
ssh-522	4	30	financing	financing	NOUN
ssh-522	4	31	constraints	constraint	NOUN
ssh-522	4	32	,	,	PUNCT
ssh-522	4	33	the	the	PRON
ssh-522	4	34	lower	low	ADJ
ssh-522	4	35	the	the	DET
ssh-522	4	36	risk	risk	NOUN
ssh-522	4	37	of	of	ADP
ssh-522	4	38	stock	stock	NOUN
ssh-522	4	39	price	price	NOUN
ssh-522	4	40	collapse	collapse	NOUN
ssh-522	4	41	.	.	PUNCT
ssh-522	5	1	the	the	DET
ssh-522	5	2	findings	finding	NOUN
ssh-522	5	3	can	can	AUX
ssh-522	5	4	not	not	PART
ssh-522	5	5	only	only	ADV
ssh-522	5	6	enrich	enrich	VERB
ssh-522	5	7	the	the	DET
ssh-522	5	8	literature	literature	NOUN
ssh-522	5	9	on	on	ADP
ssh-522	5	10	stock	stock	NOUN
ssh-522	5	11	price	price	NOUN
ssh-522	5	12	crash	crash	NOUN
ssh-522	5	13	risk	risk	NOUN
ssh-522	5	14	,	,	PUNCT
ssh-522	5	15	financing	financing	NOUN
ssh-522	5	16	constraints	constraint	NOUN
ssh-522	5	17	and	and	CCONJ
ssh-522	5	18	other	other	ADJ
ssh-522	5	19	related	related	ADJ
ssh-522	5	20	fields	field	NOUN
ssh-522	5	21	,	,	PUNCT
ssh-522	5	22	but	but	CCONJ
ssh-522	5	23	also	also	ADV
ssh-522	5	24	have	have	VERB
ssh-522	5	25	important	important	ADJ
ssh-522	5	26	reference	reference	NOUN
ssh-522	5	27	value	value	NOUN
ssh-522	5	28	for	for	ADP
ssh-522	5	29	reducing	reduce	VERB
ssh-522	5	30	stock	stock	NOUN
ssh-522	5	31	price	price	NOUN
ssh-522	5	32	crash	crash	NOUN
ssh-522	5	33	risk	risk	NOUN
ssh-522	5	34	and	and	CCONJ
ssh-522	5	35	promoting	promote	VERB
ssh-522	5	36	the	the	DET
ssh-522	5	37	healthy	healthy	ADJ
ssh-522	5	38	and	and	CCONJ
ssh-522	5	39	stable	stable	ADJ
ssh-522	5	40	development	development	NOUN
ssh-522	5	41	of	of	ADP
ssh-522	5	42	china	china	PROPN
ssh-522	5	43	's	's	PART
ssh-522	5	44	capital	capital	NOUN
ssh-522	5	45	market	market	NOUN
ssh-522	5	46	.	.	PUNCT
ssh-522	6	1	keywords	keyword	NOUN
ssh-522	6	2	:	:	PUNCT
ssh-522	6	3	financing	financing	NOUN
ssh-522	6	4	constraint	constraint	NOUN
ssh-522	6	5	;	;	PUNCT
ssh-522	6	6	internal	internal	ADJ
ssh-522	6	7	funds	fund	NOUN
ssh-522	6	8	;	;	PUNCT
ssh-522	6	9	stock	stock	NOUN
ssh-522	6	10	price	price	NOUN
ssh-522	6	11	crash	crash	NOUN
ssh-522	6	12	risk	risk	NOUN
ssh-522	6	13	.	.	PUNCT
ssh-522	7	1	1	1	X
ssh-522	7	2	.	.	X
ssh-522	7	3	introduction	introduction	NOUN
ssh-522	7	4	stock	stock	NOUN
ssh-522	7	5	price	price	NOUN
ssh-522	7	6	volatility	volatility	NOUN
ssh-522	7	7	is	be	AUX
ssh-522	7	8	a	a	DET
ssh-522	7	9	constant	constant	ADJ
ssh-522	7	10	topic	topic	NOUN
ssh-522	7	11	in	in	ADP
ssh-522	7	12	capital	capital	NOUN
ssh-522	7	13	markets	market	NOUN
ssh-522	7	14	,	,	PUNCT
ssh-522	7	15	and	and	CCONJ
ssh-522	7	16	there	there	PRON
ssh-522	7	17	has	have	AUX
ssh-522	7	18	been	be	AUX
ssh-522	7	19	a	a	DET
ssh-522	7	20	long	long	ADV
ssh-522	7	21	-	-	PUNCT
ssh-522	7	22	standing	stand	VERB
ssh-522	7	23	concern	concern	NOUN
ssh-522	7	24	about	about	ADP
ssh-522	7	25	stock	stock	NOUN
ssh-522	7	26	price	price	NOUN
ssh-522	7	27	volatility	volatility	NOUN
ssh-522	7	28	,	,	PUNCT
ssh-522	7	29	both	both	CCONJ
ssh-522	7	30	in	in	ADP
ssh-522	7	31	theoretical	theoretical	ADJ
ssh-522	7	32	research	research	NOUN
ssh-522	7	33	and	and	CCONJ
ssh-522	7	34	in	in	ADP
ssh-522	7	35	practice	practice	NOUN
ssh-522	7	36	.	.	PUNCT
ssh-522	8	1	for	for	ADP
ssh-522	8	2	the	the	DET
ssh-522	8	3	most	most	ADJ
ssh-522	8	4	part	part	NOUN
ssh-522	8	5	,	,	PUNCT
ssh-522	8	6	such	such	ADJ
ssh-522	8	7	volatility	volatility	NOUN
ssh-522	8	8	of	of	ADP
ssh-522	8	9	the	the	DET
ssh-522	8	10	stock	stock	NOUN
ssh-522	8	11	price	price	NOUN
ssh-522	8	12	has	have	AUX
ssh-522	8	13	been	be	AUX
ssh-522	8	14	viewed	view	VERB
ssh-522	8	15	as	as	ADP
ssh-522	8	16	a	a	DET
ssh-522	8	17	risk	risk	NOUN
ssh-522	8	18	and	and	CCONJ
ssh-522	8	19	as	as	ADP
ssh-522	8	20	a	a	DET
ssh-522	8	21	direct	direct	ADJ
ssh-522	8	22	cause	cause	NOUN
ssh-522	8	23	of	of	ADP
ssh-522	8	24	losses	loss	NOUN
ssh-522	8	25	for	for	ADP
ssh-522	8	26	participants	participant	NOUN
ssh-522	8	27	in	in	ADP
ssh-522	8	28	the	the	DET
ssh-522	8	29	market	market	NOUN
ssh-522	8	30	(	(	PUNCT
ssh-522	8	31	adrian	adrian	PROPN
ssh-522	8	32	and	and	CCONJ
ssh-522	8	33	rosenberg	rosenberg	PROPN
ssh-522	8	34	,	,	PUNCT
ssh-522	8	35	2008	2008	NUM
ssh-522	8	36	)	)	PUNCT
ssh-522	9	1	[	[	X
ssh-522	9	2	1	1	NUM
ssh-522	9	3	]	]	PUNCT
ssh-522	9	4	.	.	PUNCT
ssh-522	10	1	stock	stock	NOUN
ssh-522	10	2	market	market	NOUN
ssh-522	10	3	risk	risk	NOUN
ssh-522	10	4	mainly	mainly	ADV
ssh-522	10	5	comes	come	VERB
ssh-522	10	6	from	from	ADP
ssh-522	10	7	the	the	DET
ssh-522	10	8	volatility	volatility	NOUN
ssh-522	10	9	of	of	ADP
ssh-522	10	10	stock	stock	NOUN
ssh-522	10	11	prices	price	NOUN
ssh-522	10	12	,	,	PUNCT
ssh-522	10	13	from	from	ADP
ssh-522	10	14	the	the	DET
ssh-522	10	15	macro	macro	ADJ
ssh-522	10	16	level	level	NOUN
ssh-522	10	17	,	,	PUNCT
ssh-522	10	18	where	where	SCONJ
ssh-522	10	19	huge	huge	ADJ
ssh-522	10	20	stock	stock	NOUN
ssh-522	10	21	price	price	NOUN
ssh-522	10	22	volatility	volatility	NOUN
ssh-522	10	23	arises	arise	VERB
ssh-522	10	24	from	from	ADP
ssh-522	10	25	changes	change	NOUN
ssh-522	10	26	in	in	ADP
ssh-522	10	27	macroeconomic	macroeconomic	ADJ
ssh-522	10	28	conditions	condition	NOUN
ssh-522	10	29	,	,	PUNCT
ssh-522	10	30	and	and	CCONJ
ssh-522	10	31	from	from	ADP
ssh-522	10	32	the	the	DET
ssh-522	10	33	micro	micro	PROPN
ssh-522	10	34	perspective	perspective	PROPN
ssh-522	10	35	,	,	PUNCT
ssh-522	10	36	where	where	SCONJ
ssh-522	10	37	stock	stock	NOUN
ssh-522	10	38	price	price	NOUN
ssh-522	10	39	volatility	volatility	NOUN
ssh-522	10	40	arises	arise	VERB
ssh-522	10	41	from	from	ADP
ssh-522	10	42	the	the	DET
ssh-522	10	43	release	release	NOUN
ssh-522	10	44	of	of	ADP
ssh-522	10	45	corporate	corporate	ADJ
ssh-522	10	46	risk	risk	NOUN
ssh-522	10	47	,	,	PUNCT
ssh-522	10	48	especially	especially	ADV
ssh-522	10	49	operational	operational	ADJ
ssh-522	10	50	risk	risk	NOUN
ssh-522	10	51	(	(	PUNCT
ssh-522	10	52	wang	wang	PROPN
ssh-522	10	53	and	and	CCONJ
ssh-522	10	54	yang	yang	PROPN
ssh-522	10	55	et	et	PROPN
ssh-522	10	56	al	al	PROPN
ssh-522	10	57	.	.	PROPN
ssh-522	10	58	,	,	PUNCT
ssh-522	10	59	2014	2014	NUM
ssh-522	10	60	)	)	PUNCT
ssh-522	11	1	[	[	X
ssh-522	11	2	2	2	NUM
ssh-522	11	3	]	]	PUNCT
ssh-522	11	4	.	.	PUNCT
ssh-522	12	1	theoretically	theoretically	ADV
ssh-522	12	2	,	,	PUNCT
ssh-522	12	3	stock	stock	NOUN
ssh-522	12	4	price	price	NOUN
ssh-522	12	5	fluctuations	fluctuation	NOUN
ssh-522	12	6	reflect	reflect	VERB
ssh-522	12	7	changes	change	NOUN
ssh-522	12	8	in	in	ADP
ssh-522	12	9	the	the	DET
ssh-522	12	10	intrinsic	intrinsic	ADJ
ssh-522	12	11	value	value	NOUN
ssh-522	12	12	of	of	ADP
ssh-522	12	13	the	the	DET
ssh-522	12	14	firm	firm	NOUN
ssh-522	12	15	,	,	PUNCT
ssh-522	12	16	which	which	PRON
ssh-522	12	17	is	be	AUX
ssh-522	12	18	determined	determine	VERB
ssh-522	12	19	to	to	ADP
ssh-522	12	20	some	some	DET
ssh-522	12	21	extent	extent	NOUN
ssh-522	12	22	by	by	ADP
ssh-522	12	23	its	its	PRON
ssh-522	12	24	investment	investment	NOUN
ssh-522	12	25	and	and	CCONJ
ssh-522	12	26	operation	operation	NOUN
ssh-522	12	27	behavior	behavior	NOUN
ssh-522	12	28	.	.	PUNCT
ssh-522	13	1	if	if	SCONJ
ssh-522	13	2	a	a	DET
ssh-522	13	3	firm	firm	NOUN
ssh-522	13	4	adopts	adopt	VERB
ssh-522	13	5	risky	risky	ADJ
ssh-522	13	6	investment	investment	NOUN
ssh-522	13	7	and	and	CCONJ
ssh-522	13	8	operation	operation	NOUN
ssh-522	13	9	behaviors	behavior	NOUN
ssh-522	13	10	,	,	PUNCT
ssh-522	13	11	it	it	PRON
ssh-522	13	12	will	will	AUX
ssh-522	13	13	certainly	certainly	ADV
ssh-522	13	14	affect	affect	VERB
ssh-522	13	15	the	the	DET
ssh-522	13	16	value	value	NOUN
ssh-522	13	17	of	of	ADP
ssh-522	13	18	the	the	DET
ssh-522	13	19	firm	firm	NOUN
ssh-522	13	20	,	,	PUNCT
ssh-522	13	21	which	which	PRON
ssh-522	13	22	will	will	AUX
ssh-522	13	23	lead	lead	VERB
ssh-522	13	24	to	to	PART
ssh-522	13	25	share	share	VERB
ssh-522	13	26	price	price	NOUN
ssh-522	13	27	volatility	volatility	NOUN
ssh-522	13	28	.	.	PUNCT
ssh-522	14	1	(	(	PUNCT
ssh-522	14	2	wang	wang	PROPN
ssh-522	14	3	yang	yang	PROPN
ssh-522	14	4	et	et	PROPN
ssh-522	14	5	al	al	PROPN
ssh-522	14	6	.	.	PROPN
ssh-522	14	7	,	,	PUNCT
ssh-522	14	8	2014	2014	NUM
ssh-522	14	9	)	)	PUNCT
ssh-522	15	1	[	[	X
ssh-522	15	2	2	2	NUM
ssh-522	15	3	]	]	PUNCT
ssh-522	15	4	.	.	PUNCT
ssh-522	16	1	as	as	SCONJ
ssh-522	16	2	china	china	PROPN
ssh-522	16	3	is	be	AUX
ssh-522	16	4	currently	currently	ADV
ssh-522	16	5	in	in	ADP
ssh-522	16	6	the	the	DET
ssh-522	16	7	economic	economic	ADJ
ssh-522	16	8	transition	transition	NOUN
ssh-522	16	9	period	period	NOUN
ssh-522	16	10	,	,	PUNCT
ssh-522	16	11	the	the	DET
ssh-522	16	12	phenomenon	phenomenon	NOUN
ssh-522	16	13	of	of	ADP
ssh-522	16	14	difficult	difficult	ADJ
ssh-522	16	15	financing	financing	NOUN
ssh-522	16	16	for	for	ADP
ssh-522	16	17	enterprises	enterprise	NOUN
ssh-522	16	18	has	have	AUX
ssh-522	16	19	been	be	AUX
ssh-522	16	20	an	an	DET
ssh-522	16	21	important	important	ADJ
ssh-522	16	22	issue	issue	NOUN
ssh-522	16	23	facing	face	VERB
ssh-522	16	24	china	china	PROPN
ssh-522	16	25	,	,	PUNCT
ssh-522	16	26	and	and	CCONJ
ssh-522	16	27	whether	whether	SCONJ
ssh-522	16	28	enterprises	enterprise	NOUN
ssh-522	16	29	can	can	AUX
ssh-522	16	30	obtain	obtain	VERB
ssh-522	16	31	sufficient	sufficient	ADJ
ssh-522	16	32	funds	fund	NOUN
ssh-522	16	33	determines	determine	VERB
ssh-522	16	34	the	the	DET
ssh-522	16	35	survival	survival	NOUN
ssh-522	16	36	and	and	CCONJ
ssh-522	16	37	healthy	healthy	ADJ
ssh-522	16	38	development	development	NOUN
ssh-522	16	39	of	of	ADP
ssh-522	16	40	enterprises	enterprise	NOUN
ssh-522	16	41	,	,	PUNCT
ssh-522	16	42	and	and	CCONJ
ssh-522	16	43	how	how	SCONJ
ssh-522	16	44	to	to	PART
ssh-522	16	45	solve	solve	VERB
ssh-522	16	46	the	the	DET
ssh-522	16	47	external	external	ADJ
ssh-522	16	48	financing	financing	NOUN
ssh-522	16	49	dilemma	dilemma	NOUN
ssh-522	16	50	of	of	ADP
ssh-522	16	51	enterprises	enterprise	NOUN
ssh-522	16	52	is	be	AUX
ssh-522	16	53	a	a	DET
ssh-522	16	54	common	common	ADJ
ssh-522	16	55	topic	topic	NOUN
ssh-522	16	56	of	of	ADP
ssh-522	16	57	concern	concern	NOUN
ssh-522	16	58	for	for	ADP
ssh-522	16	59	academics	academic	NOUN
ssh-522	16	60	and	and	CCONJ
ssh-522	16	61	related	relate	VERB
ssh-522	16	62	engaged	engaged	ADJ
ssh-522	16	63	personnel	personnel	NOUN
ssh-522	16	64	.	.	PUNCT
ssh-522	17	1	facing	face	VERB
ssh-522	17	2	the	the	DET
ssh-522	17	3	impact	impact	NOUN
ssh-522	17	4	of	of	ADP
ssh-522	17	5	the	the	DET
ssh-522	17	6	epidemic	epidemic	NOUN
ssh-522	17	7	,	,	PUNCT
ssh-522	17	8	the	the	DET
ssh-522	17	9	financing	financing	NOUN
ssh-522	17	10	difficulties	difficulty	NOUN
ssh-522	17	11	of	of	ADP
ssh-522	17	12	enterprises	enterprise	NOUN
ssh-522	17	13	have	have	AUX
ssh-522	17	14	become	become	VERB
ssh-522	17	15	more	more	ADV
ssh-522	17	16	prominent	prominent	ADJ
ssh-522	17	17	,	,	PUNCT
ssh-522	17	18	and	and	CCONJ
ssh-522	17	19	the	the	DET
ssh-522	17	20	central	central	ADJ
ssh-522	17	21	bank	bank	NOUN
ssh-522	17	22	's	's	PART
ssh-522	17	23	liquidity	liquidity	NOUN
ssh-522	17	24	release	release	NOUN
ssh-522	17	25	by	by	ADP
ssh-522	17	26	lowering	lower	VERB
ssh-522	17	27	quotas	quota	NOUN
ssh-522	17	28	is	be	AUX
ssh-522	17	29	partly	partly	ADV
ssh-522	17	30	to	to	PART
ssh-522	17	31	alleviate	alleviate	VERB
ssh-522	17	32	the	the	DET
ssh-522	17	33	difficulties	difficulty	NOUN
ssh-522	17	34	of	of	ADP
ssh-522	17	35	enterprise	enterprise	NOUN
ssh-522	17	36	financing	financing	NOUN
ssh-522	17	37	.	.	PUNCT
ssh-522	18	1	in	in	ADP
ssh-522	18	2	a	a	DET
ssh-522	18	3	market	market	NOUN
ssh-522	18	4	economy	economy	NOUN
ssh-522	18	5	,	,	PUNCT
ssh-522	18	6	financing	financing	NOUN
ssh-522	18	7	constraints	constraint	NOUN
ssh-522	18	8	increase	increase	VERB
ssh-522	18	9	the	the	DET
ssh-522	18	10	business	business	NOUN
ssh-522	18	11	risk	risk	NOUN
ssh-522	18	12	faced	face	VERB
ssh-522	18	13	by	by	ADP
ssh-522	18	14	companies	company	NOUN
ssh-522	18	15	,	,	PUNCT
ssh-522	18	16	which	which	PRON
ssh-522	18	17	is	be	AUX
ssh-522	18	18	called	call	VERB
ssh-522	18	19	"	"	PUNCT
ssh-522	18	20	financing	financing	NOUN
ssh-522	18	21	constraint	constraint	NOUN
ssh-522	18	22	risk	risk	NOUN
ssh-522	18	23	"	"	PUNCT
ssh-522	18	24	.	.	PUNCT
ssh-522	19	1	ball	ball	NOUN
ssh-522	19	2	and	and	CCONJ
ssh-522	19	3	browns	browns	PROPN
ssh-522	19	4	(	(	PUNCT
ssh-522	19	5	1968	1968	NUM
ssh-522	19	6	)	)	PUNCT
ssh-522	20	1	[	[	X
ssh-522	20	2	3	3	X
ssh-522	20	3	]	]	PUNCT
ssh-522	20	4	also	also	ADV
ssh-522	20	5	argue	argue	VERB
ssh-522	20	6	that	that	SCONJ
ssh-522	20	7	the	the	DET
ssh-522	20	8	information	information	NOUN
ssh-522	20	9	on	on	ADP
ssh-522	20	10	financing	financing	NOUN
ssh-522	20	11	constraints	constraint	NOUN
ssh-522	20	12	disclosed	disclose	VERB
ssh-522	20	13	by	by	ADP
ssh-522	20	14	listed	list	VERB
ssh-522	20	15	companies	company	NOUN
ssh-522	20	16	will	will	AUX
ssh-522	20	17	be	be	AUX
ssh-522	20	18	transmitted	transmit	VERB
ssh-522	20	19	to	to	ADP
ssh-522	20	20	investors	investor	NOUN
ssh-522	20	21	,	,	PUNCT
ssh-522	20	22	and	and	CCONJ
ssh-522	20	23	due	due	ADP
ssh-522	20	24	to	to	ADP
ssh-522	20	25	information	information	NOUN
ssh-522	20	26	asymmetry	asymmetry	NOUN
ssh-522	20	27	,	,	PUNCT
ssh-522	20	28	external	external	ADJ
ssh-522	20	29	investors	investor	NOUN
ssh-522	20	30	will	will	AUX
ssh-522	20	31	take	take	VERB
ssh-522	20	32	the	the	DET
ssh-522	20	33	announcement	announcement	NOUN
ssh-522	20	34	of	of	ADP
ssh-522	20	35	financing	financing	NOUN
ssh-522	20	36	constraints	constraint	NOUN
ssh-522	20	37	made	make	VERB
ssh-522	20	38	by	by	ADP
ssh-522	20	39	business	business	NOUN
ssh-522	20	40	operators	operator	NOUN
ssh-522	20	41	as	as	ADP
ssh-522	20	42	an	an	DET
ssh-522	20	43	indication	indication	NOUN
ssh-522	20	44	of	of	ADP
ssh-522	20	45	the	the	DET
ssh-522	20	46	firm	firm	NOUN
ssh-522	20	47	's	's	PART
ssh-522	20	48	risk	risk	NOUN
ssh-522	20	49	.	.	PUNCT
ssh-522	21	1	wangetal	wangetal	ADV
ssh-522	21	2	demonstrates	demonstrate	VERB
ssh-522	21	3	that	that	SCONJ
ssh-522	21	4	financing	financing	NOUN
ssh-522	21	5	constraints	constraint	NOUN
ssh-522	21	6	positively	positively	ADV
ssh-522	21	7	affect	affect	VERB
ssh-522	21	8	firms	firm	NOUN
ssh-522	21	9	'	'	PART
ssh-522	21	10	idiosyncratic	idiosyncratic	ADJ
ssh-522	21	11	risk	risk	NOUN
ssh-522	21	12	,	,	PUNCT
ssh-522	21	13	and	and	CCONJ
ssh-522	21	14	accordingly	accordingly	ADV
ssh-522	21	15	the	the	PRON
ssh-522	21	16	higher	high	ADJ
ssh-522	21	17	the	the	DET
ssh-522	21	18	idiosyncratic	idiosyncratic	ADJ
ssh-522	21	19	risk	risk	NOUN
ssh-522	21	20	premium	premium	NOUN
ssh-522	21	21	.	.	PUNCT
ssh-522	22	1	when	when	SCONJ
ssh-522	22	2	a	a	DET
ssh-522	22	3	firm	firm	NOUN
ssh-522	22	4	faces	face	VERB
ssh-522	22	5	a	a	DET
ssh-522	22	6	financing	financing	NOUN
ssh-522	22	7	constraint	constraint	NOUN
ssh-522	22	8	,	,	PUNCT
ssh-522	22	9	the	the	DET
ssh-522	22	10	volatility	volatility	NOUN
ssh-522	22	11	of	of	ADP
ssh-522	22	12	the	the	DET
ssh-522	22	13	firm	firm	NOUN
ssh-522	22	14	's	's	PART
ssh-522	22	15	share	share	NOUN
ssh-522	22	16	price	price	NOUN
ssh-522	22	17	increases	increase	NOUN
ssh-522	22	18	due	due	ADJ
ssh-522	22	19	to	to	ADP
ssh-522	22	20	the	the	DET
ssh-522	22	21	information	information	NOUN
ssh-522	22	22	conveyed	convey	VERB
ssh-522	22	23	to	to	ADP
ssh-522	22	24	the	the	DET
ssh-522	22	25	outside	outside	ADJ
ssh-522	22	26	world	world	NOUN
ssh-522	22	27	and	and	CCONJ
ssh-522	22	28	the	the	DET
ssh-522	22	29	increase	increase	NOUN
ssh-522	22	30	in	in	ADP
ssh-522	22	31	the	the	DET
ssh-522	22	32	risk	risk	NOUN
ssh-522	22	33	premium	premium	NOUN
ssh-522	22	34	,	,	PUNCT
ssh-522	22	35	which	which	PRON
ssh-522	22	36	exacerbates	exacerbate	VERB
ssh-522	22	37	the	the	DET
ssh-522	22	38	market	market	NOUN
ssh-522	22	39	volatility	volatility	NOUN
ssh-522	22	40	.	.	PUNCT
ssh-522	23	1	bcp	bcp	PROPN
ssh-522	23	2	social	social	PROPN
ssh-522	23	3	sciences	sciences	PROPN
ssh-522	23	4	&	&	CCONJ
ssh-522	23	5	humanities	humanity	NOUN
ssh-522	23	6	isss	isss	VERB
ssh-522	23	7	2022	2022	NUM
ssh-522	23	8	volume	volume	NOUN
ssh-522	23	9	16	16	NUM
ssh-522	23	10	(	(	PUNCT
ssh-522	23	11	2022	2022	NUM
ssh-522	23	12	)	)	PUNCT
ssh-522	23	13	631	631	NUM
ssh-522	23	14	2	2	NUM
ssh-522	23	15	.	.	X
ssh-522	23	16	review	review	NOUN
ssh-522	23	17	of	of	ADP
ssh-522	23	18	literature	literature	NOUN
ssh-522	23	19	financing	financing	NOUN
ssh-522	23	20	constraints	constraint	NOUN
ssh-522	23	21	have	have	AUX
ssh-522	23	22	been	be	AUX
ssh-522	23	23	a	a	DET
ssh-522	23	24	popular	popular	ADJ
ssh-522	23	25	topic	topic	NOUN
ssh-522	23	26	in	in	ADP
ssh-522	23	27	the	the	DET
ssh-522	23	28	field	field	NOUN
ssh-522	23	29	of	of	ADP
ssh-522	23	30	corporate	corporate	ADJ
ssh-522	23	31	finance	finance	NOUN
ssh-522	23	32	,	,	PUNCT
ssh-522	23	33	and	and	CCONJ
ssh-522	23	34	many	many	ADJ
ssh-522	23	35	scholars	scholar	NOUN
ssh-522	23	36	have	have	AUX
ssh-522	23	37	conducted	conduct	VERB
ssh-522	23	38	some	some	DET
ssh-522	23	39	degree	degree	NOUN
ssh-522	23	40	of	of	ADP
ssh-522	23	41	research	research	NOUN
ssh-522	23	42	.	.	PUNCT
ssh-522	24	1	the	the	DET
ssh-522	24	2	phenomenon	phenomenon	NOUN
ssh-522	24	3	of	of	ADP
ssh-522	24	4	financing	financing	NOUN
ssh-522	24	5	constraints	constraint	NOUN
ssh-522	24	6	exists	exist	VERB
ssh-522	24	7	in	in	ADP
ssh-522	24	8	firms	firm	NOUN
ssh-522	24	9	due	due	ADP
ssh-522	24	10	to	to	ADP
ssh-522	24	11	the	the	DET
ssh-522	24	12	incompleteness	incompleteness	NOUN
ssh-522	24	13	of	of	ADP
ssh-522	24	14	capital	capital	NOUN
ssh-522	24	15	markets	market	NOUN
ssh-522	24	16	,	,	PUNCT
ssh-522	24	17	such	such	ADJ
ssh-522	24	18	as	as	ADP
ssh-522	24	19	:	:	PUNCT
ssh-522	24	20	information	information	NOUN
ssh-522	24	21	asymmetry	asymmetry	NOUN
ssh-522	24	22	,	,	PUNCT
ssh-522	24	23	agency	agency	NOUN
ssh-522	24	24	problems	problem	NOUN
ssh-522	24	25	,	,	PUNCT
ssh-522	24	26	transaction	transaction	NOUN
ssh-522	24	27	costs	cost	NOUN
ssh-522	24	28	,	,	PUNCT
ssh-522	24	29	and	and	CCONJ
ssh-522	24	30	other	other	ADJ
ssh-522	24	31	factors	factor	NOUN
ssh-522	24	32	.	.	PUNCT
ssh-522	25	1	some	some	DET
ssh-522	25	2	scholars	scholar	NOUN
ssh-522	25	3	believe	believe	VERB
ssh-522	25	4	that	that	SCONJ
ssh-522	25	5	the	the	DET
ssh-522	25	6	financing	financing	NOUN
ssh-522	25	7	constraints	constraint	NOUN
ssh-522	25	8	of	of	ADP
ssh-522	25	9	firms	firm	NOUN
ssh-522	25	10	originate	originate	VERB
ssh-522	25	11	from	from	ADP
ssh-522	25	12	factors	factor	NOUN
ssh-522	25	13	external	external	ADJ
ssh-522	25	14	to	to	ADP
ssh-522	25	15	the	the	DET
ssh-522	25	16	firm	firm	NOUN
ssh-522	25	17	.	.	PUNCT
ssh-522	26	1	the	the	DET
ssh-522	26	2	study	study	NOUN
ssh-522	26	3	represented	represent	VERB
ssh-522	26	4	by	by	ADP
ssh-522	26	5	fazzari	fazzari	PROPN
ssh-522	26	6	&	&	CCONJ
ssh-522	26	7	athey	athey	PROPN
ssh-522	26	8	(	(	PUNCT
ssh-522	26	9	1987	1987	NUM
ssh-522	26	10	)	)	PUNCT
ssh-522	27	1	[	[	X
ssh-522	27	2	4	4	X
ssh-522	27	3	]	]	PUNCT
ssh-522	27	4	found	find	VERB
ssh-522	27	5	that	that	SCONJ
ssh-522	27	6	market	market	NOUN
ssh-522	27	7	incompleteness	incompleteness	NOUN
ssh-522	27	8	due	due	ADP
ssh-522	27	9	to	to	ADP
ssh-522	27	10	information	information	NOUN
ssh-522	27	11	asymmetry	asymmetry	NOUN
ssh-522	27	12	makes	make	VERB
ssh-522	27	13	firms	firm	NOUN
ssh-522	27	14	have	have	VERB
ssh-522	27	15	financing	financing	NOUN
ssh-522	27	16	constraints	constraint	NOUN
ssh-522	27	17	.	.	PUNCT
ssh-522	28	1	(	(	PUNCT
ssh-522	28	2	myers	myer	NOUN
ssh-522	28	3	and	and	CCONJ
ssh-522	28	4	majluf	majluf	NOUN
ssh-522	28	5	,	,	PUNCT
ssh-522	28	6	1984	1984	NUM
ssh-522	28	7	)	)	PUNCT
ssh-522	28	8	found	find	VERB
ssh-522	28	9	that	that	SCONJ
ssh-522	28	10	due	due	ADP
ssh-522	28	11	to	to	ADP
ssh-522	28	12	imperfect	imperfect	ADJ
ssh-522	28	13	capital	capital	NOUN
ssh-522	28	14	markets	market	NOUN
ssh-522	28	15	and	and	CCONJ
ssh-522	28	16	the	the	DET
ssh-522	28	17	presence	presence	NOUN
ssh-522	28	18	of	of	ADP
ssh-522	28	19	agency	agency	NOUN
ssh-522	28	20	costs	cost	NOUN
ssh-522	28	21	in	in	ADP
ssh-522	28	22	the	the	DET
ssh-522	28	23	firm	firm	NOUN
ssh-522	28	24	,	,	PUNCT
ssh-522	28	25	the	the	DET
ssh-522	28	26	cost	cost	NOUN
ssh-522	28	27	of	of	ADP
ssh-522	28	28	external	external	ADJ
ssh-522	28	29	financing	financing	NOUN
ssh-522	28	30	for	for	ADP
ssh-522	28	31	the	the	DET
ssh-522	28	32	firm	firm	NOUN
ssh-522	28	33	will	will	AUX
ssh-522	28	34	be	be	AUX
ssh-522	28	35	greater	great	ADJ
ssh-522	28	36	than	than	ADP
ssh-522	28	37	the	the	DET
ssh-522	28	38	cost	cost	NOUN
ssh-522	28	39	of	of	ADP
ssh-522	28	40	internal	internal	ADJ
ssh-522	28	41	financing	financing	NOUN
ssh-522	28	42	,	,	PUNCT
ssh-522	28	43	which	which	PRON
ssh-522	28	44	is	be	AUX
ssh-522	28	45	an	an	DET
ssh-522	28	46	important	important	ADJ
ssh-522	28	47	reason	reason	NOUN
ssh-522	28	48	for	for	ADP
ssh-522	28	49	the	the	DET
ssh-522	28	50	emergence	emergence	NOUN
ssh-522	28	51	of	of	ADP
ssh-522	28	52	financing	financing	NOUN
ssh-522	28	53	constraints	constraint	NOUN
ssh-522	28	54	.	.	PUNCT
ssh-522	29	1	wei	wei	PROPN
ssh-522	29	2	et	et	PROPN
ssh-522	29	3	al	al	PROPN
ssh-522	29	4	.	.	PROPN
ssh-522	29	5	(	(	PUNCT
ssh-522	29	6	2014	2014	NUM
ssh-522	29	7	)	)	PUNCT
ssh-522	30	1	[	[	X
ssh-522	30	2	5	5	NUM
ssh-522	30	3	]	]	PUNCT
ssh-522	30	4	showed	show	VERB
ssh-522	30	5	that	that	SCONJ
ssh-522	30	6	external	external	ADJ
ssh-522	30	7	factors	factor	NOUN
ssh-522	30	8	such	such	ADJ
ssh-522	30	9	as	as	ADP
ssh-522	30	10	a	a	DET
ssh-522	30	11	good	good	ADJ
ssh-522	30	12	financial	financial	ADJ
ssh-522	30	13	ecological	ecological	ADJ
ssh-522	30	14	environment	environment	NOUN
ssh-522	30	15	and	and	CCONJ
ssh-522	30	16	a	a	DET
ssh-522	30	17	higher	high	ADJ
ssh-522	30	18	level	level	NOUN
ssh-522	30	19	of	of	ADP
ssh-522	30	20	financial	financial	ADJ
ssh-522	30	21	development	development	NOUN
ssh-522	30	22	alleviate	alleviate	VERB
ssh-522	30	23	the	the	DET
ssh-522	30	24	financing	financing	NOUN
ssh-522	30	25	constraints	constraint	NOUN
ssh-522	30	26	faced	face	VERB
ssh-522	30	27	by	by	ADP
ssh-522	30	28	firms.hadlock	firms.hadlock	PROPN
ssh-522	30	29	&	&	CCONJ
ssh-522	30	30	pierce	pierce	PROPN
ssh-522	30	31	(	(	PUNCT
ssh-522	30	32	2010	2010	NUM
ssh-522	30	33	)	)	PUNCT
ssh-522	31	1	[	[	X
ssh-522	31	2	6	6	NUM
ssh-522	31	3	]	]	PUNCT
ssh-522	31	4	proposed	propose	VERB
ssh-522	31	5	using	use	VERB
ssh-522	31	6	internal	internal	ADJ
ssh-522	31	7	characteristics	characteristic	NOUN
ssh-522	31	8	indicators	indicator	NOUN
ssh-522	31	9	such	such	ADJ
ssh-522	31	10	as	as	ADP
ssh-522	31	11	firm	firm	ADJ
ssh-522	31	12	age	age	NOUN
ssh-522	31	13	and	and	CCONJ
ssh-522	31	14	firm	firm	ADJ
ssh-522	31	15	size	size	NOUN
ssh-522	31	16	to	to	PART
ssh-522	31	17	portray	portray	VERB
ssh-522	31	18	the	the	DET
ssh-522	31	19	degree	degree	NOUN
ssh-522	31	20	of	of	ADP
ssh-522	31	21	financing	financing	NOUN
ssh-522	31	22	constraints	constraint	NOUN
ssh-522	31	23	of	of	ADP
ssh-522	31	24	firms	firm	NOUN
ssh-522	31	25	.	.	PUNCT
ssh-522	32	1	in	in	ADP
ssh-522	32	2	addition	addition	NOUN
ssh-522	32	3	,	,	PUNCT
ssh-522	32	4	kangtao	kangtao	PROPN
ssh-522	32	5	ye	ye	INTJ
ssh-522	32	6	et	et	PROPN
ssh-522	32	7	al	al	PROPN
ssh-522	32	8	.	.	PROPN
ssh-522	33	1	(	(	PUNCT
ssh-522	33	2	2010	2010	NUM
ssh-522	33	3	)	)	PUNCT
ssh-522	34	1	[	[	X
ssh-522	34	2	7	7	X
ssh-522	34	3	]	]	PUNCT
ssh-522	34	4	argue	argue	VERB
ssh-522	34	5	that	that	SCONJ
ssh-522	34	6	firms	firm	NOUN
ssh-522	34	7	with	with	ADP
ssh-522	34	8	good	good	ADJ
ssh-522	34	9	reputation	reputation	NOUN
ssh-522	34	10	tend	tend	VERB
ssh-522	34	11	to	to	PART
ssh-522	34	12	be	be	AUX
ssh-522	34	13	more	more	ADV
ssh-522	34	14	widely	widely	ADV
ssh-522	34	15	recognized	recognize	VERB
ssh-522	34	16	in	in	ADP
ssh-522	34	17	the	the	DET
ssh-522	34	18	market	market	NOUN
ssh-522	34	19	,	,	PUNCT
ssh-522	34	20	and	and	CCONJ
ssh-522	34	21	their	their	PRON
ssh-522	34	22	mitigate	mitigate	NOUN
ssh-522	34	23	the	the	DET
ssh-522	34	24	financing	financing	NOUN
ssh-522	34	25	constraints	constraint	NOUN
ssh-522	34	26	faced	face	VERB
ssh-522	34	27	by	by	ADP
ssh-522	34	28	firms	firm	NOUN
ssh-522	34	29	by	by	ADP
ssh-522	34	30	alleviating	alleviate	VERB
ssh-522	34	31	the	the	DET
ssh-522	34	32	degree	degree	NOUN
ssh-522	34	33	of	of	ADP
ssh-522	34	34	information	information	NOUN
ssh-522	34	35	asymmetry	asymmetry	NOUN
ssh-522	34	36	between	between	ADP
ssh-522	34	37	firms	firm	NOUN
ssh-522	34	38	and	and	CCONJ
ssh-522	34	39	banks	bank	NOUN
ssh-522	34	40	.	.	PUNCT
ssh-522	35	1	leilei	leilei	PROPN
ssh-522	35	2	gu	gu	PROPN
ssh-522	35	3	et	et	PROPN
ssh-522	35	4	al	al	PROPN
ssh-522	35	5	.	.	PROPN
ssh-522	36	1	(	(	PUNCT
ssh-522	36	2	2018	2018	NUM
ssh-522	36	3	)	)	PUNCT
ssh-522	37	1	[	[	X
ssh-522	37	2	8	8	NUM
ssh-522	37	3	]	]	PUNCT
ssh-522	37	4	conducted	conduct	VERB
ssh-522	37	5	an	an	DET
ssh-522	37	6	empirical	empirical	ADJ
ssh-522	37	7	analysis	analysis	NOUN
ssh-522	37	8	based	base	VERB
ssh-522	37	9	on	on	ADP
ssh-522	37	10	structural	structural	ADJ
ssh-522	37	11	equation	equation	NOUN
ssh-522	37	12	modeling	modeling	NOUN
ssh-522	37	13	,	,	PUNCT
ssh-522	37	14	and	and	CCONJ
ssh-522	37	15	the	the	DET
ssh-522	37	16	results	result	NOUN
ssh-522	37	17	showed	show	VERB
ssh-522	37	18	that	that	SCONJ
ssh-522	37	19	firms	firm	NOUN
ssh-522	37	20	'	'	PART
ssh-522	37	21	own	own	ADJ
ssh-522	37	22	conditions	condition	NOUN
ssh-522	37	23	have	have	VERB
ssh-522	37	24	a	a	DET
ssh-522	37	25	stronger	strong	ADJ
ssh-522	37	26	impact	impact	NOUN
ssh-522	37	27	on	on	ADP
ssh-522	37	28	financing	financing	NOUN
ssh-522	37	29	constraints	constraint	NOUN
ssh-522	37	30	relative	relative	ADJ
ssh-522	37	31	to	to	ADP
ssh-522	37	32	the	the	DET
ssh-522	37	33	external	external	ADJ
ssh-522	37	34	environment	environment	NOUN
ssh-522	37	35	.	.	PUNCT
ssh-522	38	1	dhawan	dhawan	PROPN
ssh-522	38	2	(	(	PUNCT
ssh-522	38	3	2001	2001	NUM
ssh-522	38	4	)	)	PUNCT
ssh-522	39	1	[	[	X
ssh-522	39	2	9	9	NUM
ssh-522	39	3	]	]	PUNCT
ssh-522	39	4	conducted	conduct	VERB
ssh-522	39	5	an	an	DET
ssh-522	39	6	empirical	empirical	ADJ
ssh-522	39	7	study	study	NOUN
ssh-522	39	8	with	with	ADP
ssh-522	39	9	a	a	DET
ssh-522	39	10	sample	sample	NOUN
ssh-522	39	11	of	of	ADP
ssh-522	39	12	listed	list	VERB
ssh-522	39	13	firms	firm	NOUN
ssh-522	39	14	in	in	ADP
ssh-522	39	15	the	the	DET
ssh-522	39	16	u.s	u.s	PROPN
ssh-522	39	17	.	.	PROPN
ssh-522	39	18	and	and	CCONJ
ssh-522	39	19	found	find	VERB
ssh-522	39	20	that	that	SCONJ
ssh-522	39	21	smaller	small	ADJ
ssh-522	39	22	firms	firm	NOUN
ssh-522	39	23	face	face	VERB
ssh-522	39	24	stronger	strong	ADJ
ssh-522	39	25	financing	financing	NOUN
ssh-522	39	26	constraints	constraint	NOUN
ssh-522	39	27	and	and	CCONJ
ssh-522	39	28	subsequently	subsequently	ADV
ssh-522	39	29	bear	bear	VERB
ssh-522	39	30	higher	high	ADJ
ssh-522	39	31	risk	risk	NOUN
ssh-522	39	32	,	,	PUNCT
ssh-522	39	33	which	which	PRON
ssh-522	39	34	leads	lead	VERB
ssh-522	39	35	to	to	ADP
ssh-522	39	36	stronger	strong	ADJ
ssh-522	39	37	incentives	incentive	NOUN
ssh-522	39	38	to	to	PART
ssh-522	39	39	innovate	innovate	VERB
ssh-522	39	40	.	.	PUNCT
ssh-522	40	1	li	li	PROPN
ssh-522	40	2	(	(	PUNCT
ssh-522	40	3	2011	2011	NUM
ssh-522	40	4	)	)	PUNCT
ssh-522	41	1	[	[	X
ssh-522	41	2	10	10	NUM
ssh-522	41	3	]	]	PUNCT
ssh-522	41	4	explains	explain	VERB
ssh-522	41	5	this	this	PRON
ssh-522	41	6	further	far	ADV
ssh-522	41	7	.	.	PUNCT
ssh-522	42	1	he	he	PRON
ssh-522	42	2	finds	find	VERB
ssh-522	42	3	that	that	SCONJ
ssh-522	42	4	financing	financing	NOUN
ssh-522	42	5	constraints	constraint	NOUN
ssh-522	42	6	increase	increase	VERB
ssh-522	42	7	firms	firm	NOUN
ssh-522	42	8	'	'	PART
ssh-522	42	9	innovation	innovation	NOUN
ssh-522	42	10	risk	risk	NOUN
ssh-522	42	11	,	,	PUNCT
ssh-522	42	12	so	so	SCONJ
ssh-522	42	13	investors	investor	NOUN
ssh-522	42	14	demand	demand	VERB
ssh-522	42	15	higher	high	ADJ
ssh-522	42	16	returns	return	NOUN
ssh-522	42	17	on	on	ADP
ssh-522	42	18	firms	firm	NOUN
ssh-522	42	19	'	'	PART
ssh-522	42	20	stocks	stock	NOUN
ssh-522	42	21	,	,	PUNCT
ssh-522	42	22	and	and	CCONJ
ssh-522	42	23	there	there	PRON
ssh-522	42	24	is	be	VERB
ssh-522	42	25	a	a	DET
ssh-522	42	26	significant	significant	ADJ
ssh-522	42	27	positive	positive	ADJ
ssh-522	42	28	relationship	relationship	NOUN
ssh-522	42	29	between	between	ADP
ssh-522	42	30	financing	financing	NOUN
ssh-522	42	31	constraints	constraint	NOUN
ssh-522	42	32	and	and	CCONJ
ssh-522	42	33	expected	expect	VERB
ssh-522	42	34	stock	stock	NOUN
ssh-522	42	35	returns	return	NOUN
ssh-522	42	36	.	.	PUNCT
ssh-522	43	1	whited	white	VERB
ssh-522	43	2	et	et	PROPN
ssh-522	43	3	al	al	PROPN
ssh-522	43	4	.	.	PROPN
ssh-522	44	1	(	(	PUNCT
ssh-522	44	2	1992	1992	NUM
ssh-522	44	3	)	)	PUNCT
ssh-522	45	1	[	[	X
ssh-522	45	2	11	11	NUM
ssh-522	45	3	]	]	PUNCT
ssh-522	45	4	also	also	ADV
ssh-522	45	5	find	find	VERB
ssh-522	45	6	a	a	DET
ssh-522	45	7	positive	positive	ADJ
ssh-522	45	8	relationship	relationship	NOUN
ssh-522	45	9	between	between	ADP
ssh-522	45	10	financing	financing	NOUN
ssh-522	45	11	constraints	constraint	NOUN
ssh-522	45	12	and	and	CCONJ
ssh-522	45	13	firms	firm	NOUN
ssh-522	45	14	'	'	PART
ssh-522	45	15	stock	stock	NOUN
ssh-522	45	16	returns	return	NOUN
ssh-522	45	17	through	through	ADP
ssh-522	45	18	an	an	DET
ssh-522	45	19	empirical	empirical	ADJ
ssh-522	45	20	study	study	NOUN
ssh-522	45	21	.	.	PUNCT
ssh-522	46	1	wu	wu	PROPN
ssh-522	46	2	jia	jia	PROPN
ssh-522	46	3	et	et	PROPN
ssh-522	46	4	al	al	PROPN
ssh-522	46	5	.	.	PROPN
ssh-522	47	1	(	(	PUNCT
ssh-522	47	2	2014	2014	NUM
ssh-522	47	3	)	)	PUNCT
ssh-522	48	1	[	[	X
ssh-522	48	2	12	12	NUM
ssh-522	48	3	]	]	PUNCT
ssh-522	48	4	established	establish	VERB
ssh-522	48	5	a	a	DET
ssh-522	48	6	dynamic	dynamic	ADJ
ssh-522	48	7	corporate	corporate	ADJ
ssh-522	48	8	investment	investment	NOUN
ssh-522	48	9	decision	decision	NOUN
ssh-522	48	10	model	model	NOUN
ssh-522	48	11	to	to	PART
ssh-522	48	12	construct	construct	VERB
ssh-522	48	13	financing	financing	NOUN
ssh-522	48	14	constraint	constraint	NOUN
ssh-522	48	15	indicators	indicator	NOUN
ssh-522	48	16	and	and	CCONJ
ssh-522	48	17	based	base	VERB
ssh-522	48	18	on	on	ADP
ssh-522	48	19	this	this	PRON
ssh-522	48	20	,	,	PUNCT
ssh-522	48	21	found	find	VERB
ssh-522	48	22	that	that	SCONJ
ssh-522	48	23	high	high	ADJ
ssh-522	48	24	financing	financing	NOUN
ssh-522	48	25	constraint	constraint	NOUN
ssh-522	48	26	firms	firm	NOUN
ssh-522	48	27	correspond	correspond	VERB
ssh-522	48	28	to	to	ADP
ssh-522	48	29	higher	high	ADJ
ssh-522	48	30	stock	stock	NOUN
ssh-522	48	31	risk	risk	NOUN
ssh-522	48	32	and	and	CCONJ
ssh-522	48	33	return	return	NOUN
ssh-522	48	34	.	.	PUNCT
ssh-522	49	1	wang	wang	PROPN
ssh-522	49	2	jining	jine	VERB
ssh-522	49	3	et	et	PROPN
ssh-522	49	4	al	al	PROPN
ssh-522	49	5	.	.	PROPN
ssh-522	50	1	(	(	PUNCT
ssh-522	50	2	2010	2010	NUM
ssh-522	50	3	)	)	PUNCT
ssh-522	51	1	[	[	X
ssh-522	51	2	13	13	NUM
ssh-522	51	3	]	]	PUNCT
ssh-522	51	4	used	use	VERB
ssh-522	51	5	the	the	DET
ssh-522	51	6	basalli	basalli	PROPN
ssh-522	51	7	model	model	NOUN
ssh-522	51	8	to	to	PART
ssh-522	51	9	analyze	analyze	VERB
ssh-522	51	10	and	and	CCONJ
ssh-522	51	11	concluded	conclude	VERB
ssh-522	51	12	that	that	SCONJ
ssh-522	51	13	financing	financing	NOUN
ssh-522	51	14	-	-	PUNCT
ssh-522	51	15	constrained	constrain	VERB
ssh-522	51	16	firms	firm	NOUN
ssh-522	51	17	have	have	VERB
ssh-522	51	18	higher	high	ADJ
ssh-522	51	19	financial	financial	ADJ
ssh-522	51	20	risk	risk	NOUN
ssh-522	51	21	compared	compare	VERB
ssh-522	51	22	to	to	ADP
ssh-522	51	23	financing	financing	NOUN
ssh-522	51	24	-	-	PUNCT
ssh-522	51	25	unconstrained	unconstraine	VERB
ssh-522	51	26	firms	firm	NOUN
ssh-522	51	27	.	.	PUNCT
ssh-522	52	1	from	from	ADP
ssh-522	52	2	the	the	DET
ssh-522	52	3	collation	collation	NOUN
ssh-522	52	4	of	of	ADP
ssh-522	52	5	literature	literature	NOUN
ssh-522	52	6	related	relate	VERB
ssh-522	52	7	to	to	ADP
ssh-522	52	8	financing	financing	NOUN
ssh-522	52	9	constraints	constraint	NOUN
ssh-522	52	10	,	,	PUNCT
ssh-522	52	11	it	it	PRON
ssh-522	52	12	can	can	AUX
ssh-522	52	13	be	be	AUX
ssh-522	52	14	seen	see	VERB
ssh-522	52	15	that	that	SCONJ
ssh-522	52	16	the	the	DET
ssh-522	52	17	existing	exist	VERB
ssh-522	52	18	literature	literature	NOUN
ssh-522	52	19	mainly	mainly	ADV
ssh-522	52	20	studies	study	VERB
ssh-522	52	21	the	the	DET
ssh-522	52	22	causes	cause	NOUN
ssh-522	52	23	of	of	ADP
ssh-522	52	24	the	the	DET
ssh-522	52	25	formation	formation	NOUN
ssh-522	52	26	of	of	ADP
ssh-522	52	27	financing	financing	NOUN
ssh-522	52	28	constraints	constraint	NOUN
ssh-522	52	29	and	and	CCONJ
ssh-522	52	30	their	their	PRON
ssh-522	52	31	effects	effect	NOUN
ssh-522	52	32	on	on	ADP
ssh-522	52	33	listed	listed	ADJ
ssh-522	52	34	companies	company	NOUN
ssh-522	52	35	,	,	PUNCT
ssh-522	52	36	such	such	ADJ
ssh-522	52	37	as	as	ADP
ssh-522	52	38	on	on	ADP
ssh-522	52	39	corporate	corporate	ADJ
ssh-522	52	40	innovation	innovation	NOUN
ssh-522	52	41	(	(	PUNCT
ssh-522	52	42	dhawan	dhawan	PROPN
ssh-522	52	43	,	,	PUNCT
ssh-522	52	44	2001	2001	NUM
ssh-522	52	45	)	)	PUNCT
ssh-522	53	1	[	[	X
ssh-522	53	2	9	9	NUM
ssh-522	53	3	]	]	PUNCT
ssh-522	53	4	,	,	PUNCT
ssh-522	53	5	stock	stock	NOUN
ssh-522	53	6	returns	return	NOUN
ssh-522	53	7	(	(	PUNCT
ssh-522	53	8	li	li	PROPN
ssh-522	53	9	,	,	PUNCT
ssh-522	53	10	2011	2011	NUM
ssh-522	53	11	;	;	PUNCT
ssh-522	53	12	whited	white	VERB
ssh-522	53	13	,	,	PUNCT
ssh-522	53	14	1992	1992	NUM
ssh-522	53	15	)	)	PUNCT
ssh-522	54	1	[	[	X
ssh-522	54	2	10	10	NUM
ssh-522	54	3	]	]	X
ssh-522	55	1	[	[	X
ssh-522	55	2	11	11	NUM
ssh-522	55	3	]	]	PUNCT
ssh-522	55	4	,	,	PUNCT
ssh-522	55	5	corporate	corporate	ADJ
ssh-522	55	6	risk	risk	NOUN
ssh-522	55	7	(	(	PUNCT
ssh-522	55	8	wu	wu	PROPN
ssh-522	55	9	,	,	PUNCT
ssh-522	55	10	2014	2014	NUM
ssh-522	55	11	;	;	PUNCT
ssh-522	55	12	wang	wang	PROPN
ssh-522	55	13	,	,	PUNCT
ssh-522	55	14	jining	jining	NOUN
ssh-522	55	15	,	,	PUNCT
ssh-522	55	16	2010	2010	NUM
ssh-522	55	17	)	)	PUNCT
ssh-522	55	18	[	[	PUNCT
ssh-522	55	19	12	12	NUM
ssh-522	55	20	]	]	PUNCT
ssh-522	55	21	,	,	PUNCT
ssh-522	55	22	has	have	AUX
ssh-522	55	23	not	not	PART
ssh-522	55	24	yet	yet	ADV
ssh-522	55	25	entered	enter	VERB
ssh-522	55	26	into	into	ADP
ssh-522	55	27	a	a	DET
ssh-522	55	28	direct	direct	ADJ
ssh-522	55	29	study	study	NOUN
ssh-522	55	30	of	of	ADP
ssh-522	55	31	its	its	PRON
ssh-522	55	32	impact	impact	NOUN
ssh-522	55	33	on	on	ADP
ssh-522	55	34	corporate	corporate	ADJ
ssh-522	55	35	investment	investment	NOUN
ssh-522	55	36	behavior	behavior	NOUN
ssh-522	55	37	and	and	CCONJ
ssh-522	55	38	thus	thus	ADV
ssh-522	55	39	on	on	ADP
ssh-522	55	40	corporate	corporate	ADJ
ssh-522	55	41	value	value	NOUN
ssh-522	55	42	and	and	CCONJ
ssh-522	55	43	corporate	corporate	ADJ
ssh-522	55	44	risk	risk	NOUN
ssh-522	55	45	ultimately	ultimately	ADV
ssh-522	55	46	affecting	affect	VERB
ssh-522	55	47	corporate	corporate	ADJ
ssh-522	55	48	share	share	NOUN
ssh-522	55	49	price	price	NOUN
ssh-522	55	50	volatility	volatility	NOUN
ssh-522	55	51	.	.	PUNCT
ssh-522	56	1	compared	compare	VERB
ssh-522	56	2	with	with	ADP
ssh-522	56	3	the	the	DET
ssh-522	56	4	above	above	ADJ
ssh-522	56	5	literature	literature	NOUN
ssh-522	56	6	,	,	PUNCT
ssh-522	56	7	the	the	DET
ssh-522	56	8	marginal	marginal	ADJ
ssh-522	56	9	contributions	contribution	NOUN
ssh-522	56	10	of	of	ADP
ssh-522	56	11	this	this	DET
ssh-522	56	12	paper	paper	NOUN
ssh-522	56	13	are	be	AUX
ssh-522	56	14	:	:	PUNCT
ssh-522	56	15	first	first	ADV
ssh-522	56	16	,	,	PUNCT
ssh-522	56	17	this	this	DET
ssh-522	56	18	paper	paper	NOUN
ssh-522	56	19	explores	explore	VERB
ssh-522	56	20	the	the	DET
ssh-522	56	21	impact	impact	NOUN
ssh-522	56	22	of	of	ADP
ssh-522	56	23	financing	financing	NOUN
ssh-522	56	24	constraints	constraint	NOUN
ssh-522	56	25	on	on	ADP
ssh-522	56	26	corporate	corporate	ADJ
ssh-522	56	27	investment	investment	NOUN
ssh-522	56	28	and	and	CCONJ
ssh-522	56	29	thus	thus	ADV
ssh-522	56	30	on	on	ADP
ssh-522	56	31	the	the	DET
ssh-522	56	32	risk	risk	NOUN
ssh-522	56	33	of	of	ADP
ssh-522	56	34	corporate	corporate	ADJ
ssh-522	56	35	share	share	NOUN
ssh-522	56	36	price	price	NOUN
ssh-522	56	37	collapse	collapse	NOUN
ssh-522	56	38	from	from	ADP
ssh-522	56	39	the	the	DET
ssh-522	56	40	perspective	perspective	NOUN
ssh-522	56	41	of	of	ADP
ssh-522	56	42	financing	financing	NOUN
ssh-522	56	43	constraints	constraint	NOUN
ssh-522	56	44	.	.	PUNCT
ssh-522	57	1	second	second	ADJ
ssh-522	57	2	,	,	PUNCT
ssh-522	57	3	the	the	DET
ssh-522	57	4	heterogeneity	heterogeneity	NOUN
ssh-522	57	5	analysis	analysis	NOUN
ssh-522	57	6	of	of	ADP
ssh-522	57	7	ownership	ownership	NOUN
ssh-522	57	8	and	and	CCONJ
ssh-522	57	9	firm	firm	ADJ
ssh-522	57	10	size	size	NOUN
ssh-522	57	11	reveals	reveal	VERB
ssh-522	57	12	that	that	SCONJ
ssh-522	57	13	the	the	DET
ssh-522	57	14	impact	impact	NOUN
ssh-522	57	15	of	of	ADP
ssh-522	57	16	financing	financing	NOUN
ssh-522	57	17	constraints	constraint	NOUN
ssh-522	57	18	on	on	ADP
ssh-522	57	19	firm	firm	ADJ
ssh-522	57	20	stock	stock	NOUN
ssh-522	57	21	price	price	NOUN
ssh-522	57	22	crash	crash	NOUN
ssh-522	57	23	risk	risk	NOUN
ssh-522	57	24	is	be	AUX
ssh-522	57	25	more	more	ADV
ssh-522	57	26	significant	significant	ADJ
ssh-522	57	27	among	among	ADP
ssh-522	57	28	soes	soe	NOUN
ssh-522	57	29	and	and	CCONJ
ssh-522	57	30	large	large	ADJ
ssh-522	57	31	-	-	PUNCT
ssh-522	57	32	scale	scale	NOUN
ssh-522	57	33	firms	firm	NOUN
ssh-522	57	34	.	.	PUNCT
ssh-522	58	1	3	3	X
ssh-522	58	2	.	.	X
ssh-522	58	3	theory	theory	NOUN
ssh-522	58	4	and	and	CCONJ
ssh-522	58	5	hypothesis	hypothesis	NOUN
ssh-522	58	6	fazzarietal	fazzarietal	PROPN
ssh-522	58	7	's	's	PART
ssh-522	58	8	study	study	NOUN
ssh-522	58	9	shows	show	VERB
ssh-522	58	10	that	that	SCONJ
ssh-522	58	11	the	the	DET
ssh-522	58	12	existence	existence	NOUN
ssh-522	58	13	of	of	ADP
ssh-522	58	14	financing	financing	NOUN
ssh-522	58	15	constraints	constraint	NOUN
ssh-522	58	16	makes	make	VERB
ssh-522	58	17	internal	internal	ADJ
ssh-522	58	18	financing	financing	NOUN
ssh-522	58	19	and	and	CCONJ
ssh-522	58	20	external	external	ADJ
ssh-522	58	21	financing	financing	NOUN
ssh-522	58	22	jointly	jointly	ADV
ssh-522	58	23	influence	influence	VERB
ssh-522	58	24	corporate	corporate	ADJ
ssh-522	58	25	investment	investment	NOUN
ssh-522	58	26	,	,	PUNCT
ssh-522	58	27	and	and	CCONJ
ssh-522	58	28	firms	firm	NOUN
ssh-522	58	29	with	with	ADP
ssh-522	58	30	a	a	DET
ssh-522	58	31	greater	great	ADJ
ssh-522	58	32	degree	degree	NOUN
ssh-522	58	33	of	of	ADP
ssh-522	58	34	financing	financing	NOUN
ssh-522	58	35	constraints	constraint	NOUN
ssh-522	58	36	rely	rely	VERB
ssh-522	58	37	more	more	ADV
ssh-522	58	38	on	on	ADP
ssh-522	58	39	internal	internal	ADJ
ssh-522	58	40	funding	funding	NOUN
ssh-522	58	41	,	,	PUNCT
ssh-522	58	42	while	while	SCONJ
ssh-522	58	43	firms	firm	NOUN
ssh-522	58	44	with	with	ADP
ssh-522	58	45	relatively	relatively	ADV
ssh-522	58	46	weaker	weak	ADJ
ssh-522	58	47	financing	financing	NOUN
ssh-522	58	48	constraints	constraint	NOUN
ssh-522	58	49	do	do	AUX
ssh-522	58	50	not	not	PART
ssh-522	58	51	have	have	VERB
ssh-522	58	52	to	to	PART
ssh-522	58	53	rely	rely	VERB
ssh-522	58	54	on	on	ADP
ssh-522	58	55	internal	internal	ADJ
ssh-522	58	56	funding	funding	NOUN
ssh-522	58	57	for	for	ADP
ssh-522	58	58	their	their	PRON
ssh-522	58	59	investment	investment	NOUN
ssh-522	58	60	behavior	behavior	NOUN
ssh-522	58	61	.	.	PUNCT
ssh-522	59	1	for	for	ADP
ssh-522	59	2	firms	firm	NOUN
ssh-522	59	3	subject	subject	ADJ
ssh-522	59	4	to	to	ADP
ssh-522	59	5	financing	financing	NOUN
ssh-522	59	6	constraints	constraint	NOUN
ssh-522	59	7	,	,	PUNCT
ssh-522	59	8	internal	internal	ADJ
ssh-522	59	9	funding	funding	NOUN
ssh-522	59	10	influences	influence	NOUN
ssh-522	59	11	firms	firm	NOUN
ssh-522	59	12	'	'	PART
ssh-522	59	13	investment	investment	NOUN
ssh-522	59	14	behavior	behavior	NOUN
ssh-522	59	15	,	,	PUNCT
ssh-522	59	16	and	and	CCONJ
ssh-522	59	17	financing	financing	NOUN
ssh-522	59	18	constraints	constraint	NOUN
ssh-522	59	19	have	have	VERB
ssh-522	59	20	a	a	DET
ssh-522	59	21	certain	certain	ADJ
ssh-522	59	22	inhibitory	inhibitory	ADJ
ssh-522	59	23	effect	effect	NOUN
ssh-522	59	24	on	on	ADP
ssh-522	59	25	firms	firm	NOUN
ssh-522	59	26	'	'	PART
ssh-522	59	27	investment	investment	NOUN
ssh-522	59	28	behavior	behavior	NOUN
ssh-522	59	29	.	.	PUNCT
ssh-522	60	1	lien	lien	PROPN
ssh-522	60	2	,	,	PUNCT
ssh-522	60	3	yujun	yujun	PROPN
ssh-522	60	4	et	et	PROPN
ssh-522	60	5	al	al	PROPN
ssh-522	60	6	.	.	PROPN
ssh-522	61	1	(	(	PUNCT
ssh-522	61	2	2010	2010	NUM
ssh-522	61	3	)	)	PUNCT
ssh-522	62	1	[	[	X
ssh-522	62	2	14	14	NUM
ssh-522	62	3	]	]	PUNCT
ssh-522	62	4	found	find	VERB
ssh-522	62	5	that	that	SCONJ
ssh-522	62	6	financing	financing	NOUN
ssh-522	62	7	-	-	PUNCT
ssh-522	62	8	constrained	constrain	VERB
ssh-522	62	9	firms	firm	NOUN
ssh-522	62	10	retain	retain	VERB
ssh-522	62	11	more	more	ADJ
ssh-522	62	12	cash	cash	NOUN
ssh-522	62	13	flow	flow	NOUN
ssh-522	62	14	in	in	ADP
ssh-522	62	15	cash	cash	NOUN
ssh-522	62	16	or	or	CCONJ
ssh-522	62	17	cash	cash	NOUN
ssh-522	62	18	equivalents	equivalent	NOUN
ssh-522	62	19	internally	internally	ADV
ssh-522	62	20	for	for	ADP
ssh-522	62	21	bcp	bcp	PROPN
ssh-522	62	22	social	social	PROPN
ssh-522	62	23	sciences	sciences	PROPN
ssh-522	62	24	&	&	CCONJ
ssh-522	62	25	humanities	humanity	NOUN
ssh-522	62	26	isss	isss	VERB
ssh-522	62	27	2022	2022	NUM
ssh-522	62	28	volume	volume	NOUN
ssh-522	62	29	16	16	NUM
ssh-522	62	30	(	(	PUNCT
ssh-522	62	31	2022	2022	NUM
ssh-522	62	32	)	)	PUNCT
ssh-522	62	33	632	632	NUM
ssh-522	62	34	precautionary	precautionary	ADJ
ssh-522	62	35	or	or	CCONJ
ssh-522	62	36	speculative	speculative	ADJ
ssh-522	62	37	motives	motive	NOUN
ssh-522	62	38	,	,	PUNCT
ssh-522	62	39	and	and	CCONJ
ssh-522	62	40	financing	financing	NOUN
ssh-522	62	41	-	-	PUNCT
ssh-522	62	42	constrained	constrain	VERB
ssh-522	62	43	firms	firm	NOUN
ssh-522	62	44	are	be	AUX
ssh-522	62	45	more	more	ADV
ssh-522	62	46	active	active	ADJ
ssh-522	62	47	and	and	CCONJ
ssh-522	62	48	cautious	cautious	ADJ
ssh-522	62	49	in	in	ADP
ssh-522	62	50	cash	cash	NOUN
ssh-522	62	51	liquidity	liquidity	NOUN
ssh-522	62	52	management	management	NOUN
ssh-522	62	53	behavior	behavior	NOUN
ssh-522	62	54	.	.	PUNCT
ssh-522	63	1	brown	brown	PROPN
ssh-522	63	2	's	's	PART
ssh-522	63	3	research	research	NOUN
ssh-522	63	4	suggests	suggest	VERB
ssh-522	63	5	that	that	SCONJ
ssh-522	63	6	accounting	accounting	NOUN
ssh-522	63	7	surplus	surplus	NOUN
ssh-522	63	8	or	or	CCONJ
ssh-522	63	9	other	other	ADJ
ssh-522	63	10	accounting	accounting	NOUN
ssh-522	63	11	information	information	NOUN
ssh-522	63	12	has	have	VERB
ssh-522	63	13	explanatory	explanatory	ADJ
ssh-522	63	14	power	power	NOUN
ssh-522	63	15	and	and	CCONJ
ssh-522	63	16	predictive	predictive	ADJ
ssh-522	63	17	value	value	NOUN
ssh-522	63	18	for	for	ADP
ssh-522	63	19	stock	stock	NOUN
ssh-522	63	20	prices	price	NOUN
ssh-522	63	21	or	or	CCONJ
ssh-522	63	22	other	other	ADJ
ssh-522	63	23	economic	economic	ADJ
ssh-522	63	24	variables	variable	NOUN
ssh-522	63	25	.	.	PUNCT
ssh-522	64	1	if	if	SCONJ
ssh-522	64	2	accounting	accounting	NOUN
ssh-522	64	3	information	information	NOUN
ssh-522	64	4	can	can	AUX
ssh-522	64	5	cause	cause	VERB
ssh-522	64	6	the	the	DET
ssh-522	64	7	possible	possible	ADJ
ssh-522	64	8	distribution	distribution	NOUN
ssh-522	64	9	of	of	ADP
ssh-522	64	10	random	random	ADJ
ssh-522	64	11	variables	variable	NOUN
ssh-522	64	12	of	of	ADP
ssh-522	64	13	interest	interest	NOUN
ssh-522	64	14	to	to	ADP
ssh-522	64	15	the	the	DET
ssh-522	64	16	receiver	receiver	NOUN
ssh-522	64	17	and	and	CCONJ
ssh-522	64	18	cause	cause	VERB
ssh-522	64	19	it	it	PRON
ssh-522	64	20	to	to	PART
ssh-522	64	21	act	act	VERB
ssh-522	64	22	,	,	PUNCT
ssh-522	64	23	then	then	ADV
ssh-522	64	24	it	it	PRON
ssh-522	64	25	can	can	AUX
ssh-522	64	26	be	be	AUX
ssh-522	64	27	assumed	assume	VERB
ssh-522	64	28	that	that	SCONJ
ssh-522	64	29	the	the	DET
ssh-522	64	30	publication	publication	NOUN
ssh-522	64	31	of	of	ADP
ssh-522	64	32	the	the	DET
ssh-522	64	33	information	information	NOUN
ssh-522	64	34	sends	send	VERB
ssh-522	64	35	a	a	DET
ssh-522	64	36	new	new	ADJ
ssh-522	64	37	signal	signal	NOUN
ssh-522	64	38	to	to	ADP
ssh-522	64	39	the	the	DET
ssh-522	64	40	market	market	NOUN
ssh-522	64	41	that	that	PRON
ssh-522	64	42	the	the	DET
ssh-522	64	43	stock	stock	NOUN
ssh-522	64	44	price	price	NOUN
ssh-522	64	45	will	will	AUX
ssh-522	64	46	change	change	VERB
ssh-522	64	47	,	,	PUNCT
ssh-522	64	48	so	so	CCONJ
ssh-522	64	49	the	the	DET
ssh-522	64	50	movement	movement	NOUN
ssh-522	64	51	of	of	ADP
ssh-522	64	52	the	the	DET
ssh-522	64	53	stock	stock	NOUN
ssh-522	64	54	price	price	NOUN
ssh-522	64	55	can	can	AUX
ssh-522	64	56	be	be	AUX
ssh-522	64	57	observed	observe	VERB
ssh-522	64	58	to	to	PART
ssh-522	64	59	verify	verify	VERB
ssh-522	64	60	whether	whether	SCONJ
ssh-522	64	61	the	the	DET
ssh-522	64	62	published	publish	VERB
ssh-522	64	63	accounting	accounting	NOUN
ssh-522	64	64	information	information	NOUN
ssh-522	64	65	is	be	AUX
ssh-522	64	66	useful	useful	ADJ
ssh-522	64	67	.	.	PUNCT
ssh-522	65	1	due	due	ADP
ssh-522	65	2	to	to	ADP
ssh-522	65	3	the	the	DET
ssh-522	65	4	existence	existence	NOUN
ssh-522	65	5	of	of	ADP
ssh-522	65	6	financing	financing	NOUN
ssh-522	65	7	constraints	constraint	NOUN
ssh-522	65	8	,	,	PUNCT
ssh-522	65	9	companies	company	NOUN
ssh-522	65	10	will	will	AUX
ssh-522	65	11	tend	tend	VERB
ssh-522	65	12	to	to	PART
ssh-522	65	13	weigh	weigh	VERB
ssh-522	65	14	profit	profit	NOUN
ssh-522	65	15	and	and	CCONJ
ssh-522	65	16	loss	loss	NOUN
ssh-522	65	17	and	and	CCONJ
ssh-522	65	18	invest	invest	VERB
ssh-522	65	19	rationally	rationally	ADV
ssh-522	65	20	,	,	PUNCT
ssh-522	65	21	which	which	PRON
ssh-522	65	22	can	can	AUX
ssh-522	65	23	,	,	PUNCT
ssh-522	65	24	to	to	ADP
ssh-522	65	25	a	a	DET
ssh-522	65	26	certain	certain	ADJ
ssh-522	65	27	extent	extent	NOUN
ssh-522	65	28	,	,	PUNCT
ssh-522	65	29	avoid	avoid	VERB
ssh-522	65	30	the	the	DET
ssh-522	65	31	operational	operational	ADJ
ssh-522	65	32	risks	risk	NOUN
ssh-522	65	33	associated	associate	VERB
ssh-522	65	34	with	with	ADP
ssh-522	65	35	over	over	ADP
ssh-522	65	36	-	-	PUNCT
ssh-522	65	37	investment	investment	NOUN
ssh-522	65	38	and	and	CCONJ
ssh-522	65	39	stabilize	stabilize	VERB
ssh-522	65	40	the	the	DET
ssh-522	65	41	corporate	corporate	ADJ
ssh-522	65	42	value	value	NOUN
ssh-522	65	43	,	,	PUNCT
ssh-522	65	44	thus	thus	ADV
ssh-522	65	45	reducing	reduce	VERB
ssh-522	65	46	the	the	DET
ssh-522	65	47	risk	risk	NOUN
ssh-522	65	48	of	of	ADP
ssh-522	65	49	share	share	NOUN
ssh-522	65	50	price	price	NOUN
ssh-522	65	51	collapse	collapse	NOUN
ssh-522	65	52	.	.	PUNCT
ssh-522	66	1	based	base	VERB
ssh-522	66	2	on	on	ADP
ssh-522	66	3	this	this	PRON
ssh-522	66	4	,	,	PUNCT
ssh-522	66	5	the	the	DET
ssh-522	66	6	hypothesis	hypothesis	NOUN
ssh-522	66	7	is	be	AUX
ssh-522	66	8	proposed	propose	VERB
ssh-522	66	9	.	.	PUNCT
ssh-522	67	1	hypothesis	hypothesis	NOUN
ssh-522	67	2	:	:	PUNCT
ssh-522	67	3	financing	financing	NOUN
ssh-522	67	4	constraint	constraint	NOUN
ssh-522	67	5	has	have	VERB
ssh-522	67	6	a	a	DET
ssh-522	67	7	negative	negative	ADJ
ssh-522	67	8	effect	effect	NOUN
ssh-522	67	9	on	on	ADP
ssh-522	67	10	the	the	DET
ssh-522	67	11	risk	risk	NOUN
ssh-522	67	12	of	of	ADP
ssh-522	67	13	corporate	corporate	ADJ
ssh-522	67	14	share	share	NOUN
ssh-522	67	15	price	price	NOUN
ssh-522	67	16	collapse	collapse	NOUN
ssh-522	67	17	,	,	PUNCT
ssh-522	67	18	and	and	CCONJ
ssh-522	67	19	the	the	PRON
ssh-522	67	20	higher	high	ADJ
ssh-522	67	21	the	the	DET
ssh-522	67	22	degree	degree	NOUN
ssh-522	67	23	of	of	ADP
ssh-522	67	24	corporate	corporate	ADJ
ssh-522	67	25	financing	financing	NOUN
ssh-522	67	26	constraint	constraint	NOUN
ssh-522	67	27	,	,	PUNCT
ssh-522	67	28	the	the	PRON
ssh-522	67	29	smaller	small	ADJ
ssh-522	67	30	the	the	DET
ssh-522	67	31	risk	risk	NOUN
ssh-522	67	32	of	of	ADP
ssh-522	67	33	share	share	NOUN
ssh-522	67	34	price	price	NOUN
ssh-522	67	35	collapse	collapse	NOUN
ssh-522	67	36	.	.	PUNCT
ssh-522	68	1	4	4	X
ssh-522	68	2	.	.	X
ssh-522	68	3	model	model	NOUN
ssh-522	68	4	,	,	PUNCT
ssh-522	68	5	variables	variable	NOUN
ssh-522	68	6	and	and	CCONJ
ssh-522	68	7	data	datum	NOUN
ssh-522	68	8	4.1	4.1	NUM
ssh-522	68	9	sample	sample	NOUN
ssh-522	68	10	and	and	CCONJ
ssh-522	68	11	data	datum	NOUN
ssh-522	68	12	the	the	DET
ssh-522	68	13	2018	2018	NUM
ssh-522	68	14	chinese	chinese	ADJ
ssh-522	68	15	listed	list	VERB
ssh-522	68	16	companies	company	NOUN
ssh-522	68	17	in	in	ADP
ssh-522	68	18	shanghai	shanghai	PROPN
ssh-522	68	19	and	and	CCONJ
ssh-522	68	20	shenzhen	shenzhen	PROPN
ssh-522	68	21	a	a	PROPN
ssh-522	68	22	-	-	PUNCT
ssh-522	68	23	shares	share	NOUN
ssh-522	68	24	were	be	AUX
ssh-522	68	25	selected	select	VERB
ssh-522	68	26	from	from	ADP
ssh-522	68	27	the	the	DET
ssh-522	68	28	csmar	csmar	PROPN
ssh-522	68	29	database	database	NOUN
ssh-522	68	30	as	as	ADP
ssh-522	68	31	the	the	DET
ssh-522	68	32	research	research	NOUN
ssh-522	68	33	sample	sample	NOUN
ssh-522	68	34	,	,	PUNCT
ssh-522	68	35	and	and	CCONJ
ssh-522	68	36	the	the	DET
ssh-522	68	37	following	follow	VERB
ssh-522	68	38	treatments	treatment	NOUN
ssh-522	68	39	were	be	AUX
ssh-522	68	40	made	make	VERB
ssh-522	68	41	to	to	ADP
ssh-522	68	42	the	the	DET
ssh-522	68	43	data	datum	NOUN
ssh-522	68	44	:	:	PUNCT
ssh-522	68	45	first	first	ADV
ssh-522	68	46	,	,	PUNCT
ssh-522	68	47	the	the	DET
ssh-522	68	48	data	datum	NOUN
ssh-522	68	49	of	of	ADP
ssh-522	68	50	non	non	ADJ
ssh-522	68	51	-	-	ADJ
ssh-522	68	52	financial	financial	ADJ
ssh-522	68	53	,	,	PUNCT
ssh-522	68	54	pt	pt	NOUN
ssh-522	68	55	,	,	PUNCT
ssh-522	68	56	and	and	CCONJ
ssh-522	68	57	st	st	PROPN
ssh-522	68	58	companies	company	NOUN
ssh-522	68	59	were	be	AUX
ssh-522	68	60	excluded	exclude	VERB
ssh-522	68	61	;	;	PUNCT
ssh-522	68	62	second	second	X
ssh-522	68	63	,	,	PUNCT
ssh-522	68	64	the	the	DET
ssh-522	68	65	samples	sample	NOUN
ssh-522	68	66	with	with	ADP
ssh-522	68	67	missing	miss	VERB
ssh-522	68	68	data	datum	NOUN
ssh-522	68	69	among	among	ADP
ssh-522	68	70	them	they	PRON
ssh-522	68	71	were	be	AUX
ssh-522	68	72	excluded	exclude	VERB
ssh-522	68	73	;	;	PUNCT
ssh-522	68	74	third	third	ADV
ssh-522	68	75	,	,	PUNCT
ssh-522	68	76	the	the	DET
ssh-522	68	77	continuous	continuous	ADJ
ssh-522	68	78	variables	variable	NOUN
ssh-522	68	79	were	be	AUX
ssh-522	68	80	scaled	scale	VERB
ssh-522	68	81	down	down	ADP
ssh-522	68	82	at	at	ADP
ssh-522	68	83	the	the	DET
ssh-522	68	84	1	1	NUM
ssh-522	68	85	%	%	NOUN
ssh-522	68	86	and	and	CCONJ
ssh-522	68	87	99	99	NUM
ssh-522	68	88	%	%	NOUN
ssh-522	68	89	quartiles	quartile	NOUN
ssh-522	68	90	,	,	PUNCT
ssh-522	68	91	and	and	CCONJ
ssh-522	68	92	the	the	DET
ssh-522	68	93	final	final	ADJ
ssh-522	68	94	annual	annual	ADJ
ssh-522	68	95	observations	observation	NOUN
ssh-522	68	96	of	of	ADP
ssh-522	68	97	1197	1197	NUM
ssh-522	68	98	companies	company	NOUN
ssh-522	68	99	for	for	ADP
ssh-522	68	100	2018	2018	NUM
ssh-522	68	101	were	be	AUX
ssh-522	68	102	obtained	obtain	VERB
ssh-522	68	103	.	.	PUNCT
ssh-522	69	1	the	the	DET
ssh-522	69	2	financial	financial	ADJ
ssh-522	69	3	data	datum	NOUN
ssh-522	69	4	used	use	VERB
ssh-522	69	5	were	be	AUX
ssh-522	69	6	mainly	mainly	ADV
ssh-522	69	7	obtained	obtain	VERB
ssh-522	69	8	from	from	ADP
ssh-522	69	9	the	the	DET
ssh-522	69	10	cathay	cathay	PROPN
ssh-522	69	11	capital	capital	NOUN
ssh-522	69	12	(	(	PUNCT
ssh-522	69	13	csmar	csmar	PROPN
ssh-522	69	14	)	)	PUNCT
ssh-522	69	15	database	database	NOUN
ssh-522	69	16	,	,	PUNCT
ssh-522	69	17	etc	etc	X
ssh-522	69	18	.	.	X
ssh-522	69	19	,	,	PUNCT
ssh-522	69	20	and	and	CCONJ
ssh-522	69	21	the	the	DET
ssh-522	69	22	data	datum	NOUN
ssh-522	69	23	were	be	AUX
ssh-522	69	24	analyzed	analyze	VERB
ssh-522	69	25	mainly	mainly	ADV
ssh-522	69	26	using	use	VERB
ssh-522	69	27	stata	stata	NOUN
ssh-522	69	28	se15.1	se15.1	ADJ
ssh-522	69	29	software	software	NOUN
ssh-522	69	30	.	.	PUNCT
ssh-522	70	1	4.2	4.2	NUM
ssh-522	70	2	test	test	NOUN
ssh-522	70	3	model	model	NOUN
ssh-522	70	4	to	to	PART
ssh-522	70	5	test	test	VERB
ssh-522	70	6	the	the	DET
ssh-522	70	7	hypothesis	hypothesis	NOUN
ssh-522	70	8	,	,	PUNCT
ssh-522	70	9	the	the	DET
ssh-522	70	10	following	follow	VERB
ssh-522	70	11	ols	ol	NOUN
ssh-522	70	12	model	model	NOUN
ssh-522	70	13	is	be	AUX
ssh-522	70	14	developed	develop	VERB
ssh-522	70	15	in	in	ADP
ssh-522	70	16	this	this	DET
ssh-522	70	17	paper	paper	NOUN
ssh-522	70	18	.	.	PUNCT
ssh-522	71	1	1	1	NUM
ssh-522	71	2	2	2	NUM
ssh-522	71	3	the	the	DET
ssh-522	71	4	dependent	dependent	ADJ
ssh-522	71	5	variable	variable	NOUN
ssh-522	71	6	is	be	AUX
ssh-522	71	7	the	the	DET
ssh-522	71	8	stock	stock	NOUN
ssh-522	71	9	crash	crash	NOUN
ssh-522	71	10	risk	risk	NOUN
ssh-522	71	11	of	of	ADP
ssh-522	71	12	firm	firm	ADJ
ssh-522	71	13	i	i	PRON
ssh-522	71	14	in	in	ADP
ssh-522	71	15	2018	2018	NUM
ssh-522	71	16	.	.	PUNCT
ssh-522	72	1	denotes	denote	VERB
ssh-522	72	2	the	the	DET
ssh-522	72	3	degree	degree	NOUN
ssh-522	72	4	of	of	ADP
ssh-522	72	5	financing	financing	NOUN
ssh-522	72	6	constraint	constraint	NOUN
ssh-522	72	7	of	of	ADP
ssh-522	72	8	firm	firm	ADJ
ssh-522	72	9	i	i	PRON
ssh-522	72	10	in	in	ADP
ssh-522	72	11	2018	2018	NUM
ssh-522	72	12	,	,	PUNCT
ssh-522	72	13	denotes	denote	VERB
ssh-522	72	14	the	the	DET
ssh-522	72	15	gearing	gear	VERB
ssh-522	72	16	ratio	ratio	NOUN
ssh-522	72	17	of	of	ADP
ssh-522	72	18	firm	firm	ADJ
ssh-522	72	19	i	i	PRON
ssh-522	72	20	in	in	ADP
ssh-522	72	21	2018	2018	NUM
ssh-522	72	22	,	,	PUNCT
ssh-522	72	23	denotes	denote	VERB
ssh-522	72	24	the	the	DET
ssh-522	72	25	fixed	fix	VERB
ssh-522	72	26	assets	asset	NOUN
ssh-522	72	27	ratio	ratio	NOUN
ssh-522	72	28	of	of	ADP
ssh-522	72	29	firm	firm	ADJ
ssh-522	72	30	i	i	PRON
ssh-522	72	31	in	in	ADP
ssh-522	72	32	2018	2018	NUM
ssh-522	72	33	,	,	PUNCT
ssh-522	72	34	denotes	denote	VERB
ssh-522	72	35	the	the	DET
ssh-522	72	36	return	return	NOUN
ssh-522	72	37	on	on	ADP
ssh-522	72	38	assets	asset	NOUN
ssh-522	72	39	of	of	ADP
ssh-522	72	40	firm	firm	ADJ
ssh-522	72	41	i	i	PRON
ssh-522	72	42	in	in	ADP
ssh-522	72	43	2018	2018	NUM
ssh-522	72	44	,	,	PUNCT
ssh-522	72	45	denotes	denote	VERB
ssh-522	72	46	the	the	DET
ssh-522	72	47	firm	firm	ADJ
ssh-522	72	48	size	size	NOUN
ssh-522	72	49	of	of	ADP
ssh-522	72	50	the	the	DET
ssh-522	72	51	ith	ith	PROPN
ssh-522	72	52	firm	firm	NOUN
ssh-522	72	53	,	,	PUNCT
ssh-522	72	54	and	and	CCONJ
ssh-522	72	55	denotes	denote	VERB
ssh-522	72	56	the	the	DET
ssh-522	72	57	firm	firm	ADJ
ssh-522	72	58	age	age	NOUN
ssh-522	72	59	(	(	PUNCT
ssh-522	72	60	in	in	ADP
ssh-522	72	61	years	year	NOUN
ssh-522	72	62	)	)	PUNCT
ssh-522	72	63	of	of	ADP
ssh-522	72	64	the	the	DET
ssh-522	72	65	ith	ith	PROPN
ssh-522	72	66	firm	firm	NOUN
ssh-522	72	67	.	.	PUNCT
ssh-522	73	1	4.3	4.3	NUM
ssh-522	73	2	definition	definition	NOUN
ssh-522	73	3	of	of	ADP
ssh-522	73	4	variables	variable	NOUN
ssh-522	73	5	4.3.1	4.3.1	PRON
ssh-522	73	6	explained	explain	VERB
ssh-522	73	7	variable	variable	NOUN
ssh-522	73	8	:	:	PUNCT
ssh-522	73	9	individual	individual	ADJ
ssh-522	73	10	stock	stock	NOUN
ssh-522	73	11	crash	crash	NOUN
ssh-522	73	12	risk	risk	NOUN
ssh-522	73	13	drawing	draw	VERB
ssh-522	73	14	on	on	ADP
ssh-522	73	15	the	the	DET
ssh-522	73	16	research	research	NOUN
ssh-522	73	17	of	of	ADP
ssh-522	73	18	hwa	hwa	PROPN
ssh-522	73	19	-	-	PUNCT
ssh-522	73	20	cheng	cheng	PROPN
ssh-522	73	21	wang	wang	PROPN
ssh-522	73	22	et	et	PROPN
ssh-522	73	23	al	al	PROPN
ssh-522	73	24	,	,	PUNCT
ssh-522	73	25	this	this	DET
ssh-522	73	26	paper	paper	NOUN
ssh-522	73	27	adopts	adopt	VERB
ssh-522	73	28	the	the	DET
ssh-522	73	29	negative	negative	ADJ
ssh-522	73	30	return	return	NOUN
ssh-522	73	31	bias	bias	NOUN
ssh-522	73	32	coefficient	coefficient	NOUN
ssh-522	73	33	(	(	PUNCT
ssh-522	73	34	nsckew	nsckew	NOUN
ssh-522	73	35	)	)	PUNCT
ssh-522	73	36	and	and	CCONJ
ssh-522	73	37	the	the	DET
ssh-522	73	38	upward	upward	ADJ
ssh-522	73	39	and	and	CCONJ
ssh-522	73	40	downward	downward	ADJ
ssh-522	73	41	earnings	earning	NOUN
ssh-522	73	42	volatility	volatility	NOUN
ssh-522	73	43	ratio	ratio	NOUN
ssh-522	73	44	(	(	PUNCT
ssh-522	73	45	duvol	duvol	NOUN
ssh-522	73	46	)	)	PUNCT
ssh-522	73	47	as	as	ADP
ssh-522	73	48	a	a	DET
ssh-522	73	49	measure	measure	NOUN
ssh-522	73	50	of	of	ADP
ssh-522	73	51	stock	stock	NOUN
ssh-522	73	52	price	price	NOUN
ssh-522	73	53	crash	crash	NOUN
ssh-522	73	54	risk	risk	NOUN
ssh-522	73	55	of	of	ADP
ssh-522	73	56	listed	list	VERB
ssh-522	73	57	companies	company	NOUN
ssh-522	73	58	.	.	PUNCT
ssh-522	74	1	the	the	DET
ssh-522	74	2	specific	specific	ADJ
ssh-522	74	3	calculation	calculation	NOUN
ssh-522	74	4	methods	method	NOUN
ssh-522	74	5	are	be	AUX
ssh-522	74	6	as	as	SCONJ
ssh-522	74	7	follows	follow	VERB
ssh-522	74	8	.	.	PUNCT
ssh-522	75	1	first	first	ADV
ssh-522	75	2	,	,	PUNCT
ssh-522	75	3	in	in	ADP
ssh-522	75	4	order	order	NOUN
ssh-522	75	5	to	to	PART
ssh-522	75	6	strip	strip	VERB
ssh-522	75	7	the	the	DET
ssh-522	75	8	impact	impact	NOUN
ssh-522	75	9	of	of	ADP
ssh-522	75	10	market	market	NOUN
ssh-522	75	11	returns	return	NOUN
ssh-522	75	12	on	on	ADP
ssh-522	75	13	the	the	DET
ssh-522	75	14	benefit	benefit	NOUN
ssh-522	75	15	of	of	ADP
ssh-522	75	16	individual	individual	ADJ
ssh-522	75	17	stocks	stock	NOUN
ssh-522	75	18	,	,	PUNCT
ssh-522	75	19	equation	equation	NOUN
ssh-522	75	20	(	(	PUNCT
ssh-522	75	21	3	3	X
ssh-522	75	22	)	)	PUNCT
ssh-522	75	23	is	be	AUX
ssh-522	75	24	used	use	VERB
ssh-522	75	25	to	to	PART
ssh-522	75	26	regress	regress	VERB
ssh-522	75	27	the	the	DET
ssh-522	75	28	weekly	weekly	ADJ
ssh-522	75	29	returns	return	NOUN
ssh-522	75	30	(	(	PUNCT
ssh-522	75	31	ret	ret	NOUN
ssh-522	75	32	)	)	PUNCT
ssh-522	75	33	of	of	ADP
ssh-522	75	34	company	company	NOUN
ssh-522	75	35	i	i	PRON
ssh-522	75	36	on	on	ADP
ssh-522	75	37	an	an	DET
ssh-522	75	38	annual	annual	ADJ
ssh-522	75	39	basis	basis	NOUN
ssh-522	75	40	to	to	PART
ssh-522	75	41	obtain	obtain	VERB
ssh-522	75	42	the	the	DET
ssh-522	75	43	weekly	weekly	ADJ
ssh-522	75	44	idiosyncratic	idiosyncratic	ADJ
ssh-522	75	45	returns	return	NOUN
ssh-522	75	46	of	of	ADP
ssh-522	75	47	company	company	NOUN
ssh-522	75	48	.	.	PUNCT
ssh-522	76	1	,	,	PUNCT
ssh-522	76	2	,	,	PUNCT
ssh-522	76	3	,	,	PUNCT
ssh-522	76	4	,	,	PUNCT
ssh-522	76	5	,	,	PUNCT
ssh-522	76	6	,	,	PUNCT
ssh-522	76	7	,	,	PUNCT
ssh-522	76	8	(	(	PUNCT
ssh-522	76	9	3	3	X
ssh-522	76	10	)	)	PUNCT
ssh-522	76	11	bcp	bcp	VERB
ssh-522	76	12	social	social	PROPN
ssh-522	76	13	sciences	sciences	PROPN
ssh-522	76	14	&	&	CCONJ
ssh-522	76	15	humanities	humanity	NOUN
ssh-522	76	16	isss	isss	VERB
ssh-522	76	17	2022	2022	NUM
ssh-522	76	18	volume	volume	NOUN
ssh-522	76	19	16	16	NUM
ssh-522	76	20	(	(	PUNCT
ssh-522	76	21	2022	2022	NUM
ssh-522	76	22	)	)	PUNCT
ssh-522	76	23	633	633	NUM
ssh-522	76	24	,	,	PUNCT
ssh-522	76	25	is	be	AUX
ssh-522	76	26	the	the	DET
ssh-522	76	27	return	return	NOUN
ssh-522	76	28	of	of	ADP
ssh-522	76	29	firm	firm	ADJ
ssh-522	76	30	i	i	PRON
ssh-522	76	31	in	in	ADP
ssh-522	76	32	week	week	NOUN
ssh-522	76	33	t	t	PROPN
ssh-522	76	34	and	and	CCONJ
ssh-522	76	35	,	,	PUNCT
ssh-522	76	36	is	be	AUX
ssh-522	76	37	the	the	DET
ssh-522	76	38	average	average	ADJ
ssh-522	76	39	market	market	NOUN
ssh-522	76	40	return	return	NOUN
ssh-522	76	41	in	in	ADP
ssh-522	76	42	week	week	NOUN
ssh-522	76	43	t.	t.	PROPN
ssh-522	76	44	to	to	PART
ssh-522	76	45	control	control	VERB
ssh-522	76	46	the	the	DET
ssh-522	76	47	effect	effect	NOUN
ssh-522	76	48	of	of	ADP
ssh-522	76	49	non	non	ADJ
ssh-522	76	50	-	-	ADJ
ssh-522	76	51	synchronous	synchronous	ADJ
ssh-522	76	52	stock	stock	NOUN
ssh-522	76	53	trading	trading	NOUN
ssh-522	76	54	,	,	PUNCT
ssh-522	76	55	the	the	DET
ssh-522	76	56	market	market	NOUN
ssh-522	76	57	return	return	VERB
ssh-522	76	58	overrun	overrun	NOUN
ssh-522	76	59	terms	term	NOUN
ssh-522	76	60	t+1	t+1	PRON
ssh-522	76	61	,	,	PUNCT
ssh-522	76	62	t+2	t+2	NUM
ssh-522	76	63	and	and	CCONJ
ssh-522	76	64	lag	lag	NOUN
ssh-522	76	65	terms	term	NOUN
ssh-522	76	66	t-1	t-1	PROPN
ssh-522	76	67	,	,	PUNCT
ssh-522	76	68	t-2	t-2	PROPN
ssh-522	76	69	are	be	AUX
ssh-522	76	70	further	far	ADV
ssh-522	76	71	added	add	VERB
ssh-522	76	72	.	.	PUNCT
ssh-522	77	1	,	,	PUNCT
ssh-522	77	2	is	be	AUX
ssh-522	77	3	the	the	DET
ssh-522	77	4	residual	residual	ADJ
ssh-522	77	5	of	of	ADP
ssh-522	77	6	the	the	DET
ssh-522	77	7	equation	equation	NOUN
ssh-522	77	8	,	,	PUNCT
ssh-522	77	9	which	which	PRON
ssh-522	77	10	is	be	AUX
ssh-522	77	11	the	the	DET
ssh-522	77	12	fraction	fraction	NOUN
ssh-522	77	13	of	of	ADP
ssh-522	77	14	stock	stock	NOUN
ssh-522	77	15	returns	return	NOUN
ssh-522	77	16	that	that	PRON
ssh-522	77	17	can	can	AUX
ssh-522	77	18	not	not	PART
ssh-522	77	19	be	be	AUX
ssh-522	77	20	explained	explain	VERB
ssh-522	77	21	by	by	ADP
ssh-522	77	22	the	the	DET
ssh-522	77	23	market	market	NOUN
ssh-522	77	24	return	return	NOUN
ssh-522	77	25	,	,	PUNCT
ssh-522	77	26	i.e.	i.e.	X
ssh-522	77	27	,	,	PUNCT
ssh-522	77	28	the	the	DET
ssh-522	77	29	idiosyncratic	idiosyncratic	ADJ
ssh-522	77	30	return	return	NOUN
ssh-522	77	31	.	.	PUNCT
ssh-522	78	1	,	,	PUNCT
ssh-522	78	2	ln	ln	NOUN
ssh-522	78	3	1	1	NUM
ssh-522	78	4	,	,	PUNCT
ssh-522	78	5	is	be	AUX
ssh-522	78	6	defined	define	VERB
ssh-522	78	7	as	as	ADP
ssh-522	78	8	the	the	DET
ssh-522	78	9	idiosyncratic	idiosyncratic	ADJ
ssh-522	78	10	return	return	NOUN
ssh-522	78	11	of	of	ADP
ssh-522	78	12	firm	firm	ADJ
ssh-522	78	13	i	i	PRON
ssh-522	78	14	at	at	ADP
ssh-522	78	15	week	week	NOUN
ssh-522	78	16	t.	t.	PROPN
ssh-522	78	17	,	,	PUNCT
ssh-522	78	18	using	use	VERB
ssh-522	78	19	,	,	PUNCT
ssh-522	78	20	to	to	PART
ssh-522	78	21	calculate	calculate	VERB
ssh-522	78	22	the	the	DET
ssh-522	78	23	proxy	proxy	ADJ
ssh-522	78	24	variables	variable	NOUN
ssh-522	78	25	of	of	ADP
ssh-522	78	26	stock	stock	NOUN
ssh-522	78	27	price	price	NOUN
ssh-522	78	28	crash	crash	NOUN
ssh-522	78	29	.	.	PUNCT
ssh-522	79	1	the	the	DET
ssh-522	79	2	first	first	ADJ
ssh-522	79	3	variable	variable	NOUN
ssh-522	79	4	is	be	AUX
ssh-522	79	5	the	the	DET
ssh-522	79	6	negative	negative	ADJ
ssh-522	79	7	return	return	NOUN
ssh-522	79	8	skewness	skewness	NOUN
ssh-522	79	9	coefficient	coefficient	NOUN
ssh-522	79	10	(	(	PUNCT
ssh-522	79	11	ncskew	ncskew	NOUN
ssh-522	79	12	)	)	PUNCT
ssh-522	79	13	,	,	PUNCT
ssh-522	79	14	mainly	mainly	ADV
ssh-522	79	15	by	by	ADP
ssh-522	79	16	measuring	measure	VERB
ssh-522	79	17	the	the	DET
ssh-522	79	18	degree	degree	NOUN
ssh-522	79	19	to	to	PART
ssh-522	79	20	which	which	PRON
ssh-522	79	21	individual	individual	ADJ
ssh-522	79	22	stocks	stock	NOUN
ssh-522	79	23	are	be	AUX
ssh-522	79	24	negatively	negatively	ADV
ssh-522	79	25	skewed	skew	VERB
ssh-522	79	26	by	by	ADP
ssh-522	79	27	returns	return	NOUN
ssh-522	79	28	.	.	PUNCT
ssh-522	80	1	a	a	DET
ssh-522	80	2	greater	great	ADJ
ssh-522	80	3	degree	degree	NOUN
ssh-522	80	4	of	of	ADP
ssh-522	80	5	negative	negative	ADJ
ssh-522	80	6	skew	skew	NOUN
ssh-522	80	7	indicates	indicate	VERB
ssh-522	80	8	a	a	DET
ssh-522	80	9	greater	great	ADJ
ssh-522	80	10	volatility	volatility	NOUN
ssh-522	80	11	of	of	ADP
ssh-522	80	12	returns	return	NOUN
ssh-522	80	13	,	,	PUNCT
ssh-522	80	14	and	and	CCONJ
ssh-522	80	15	the	the	PRON
ssh-522	80	16	greater	great	ADJ
ssh-522	80	17	the	the	DET
ssh-522	80	18	risk	risk	NOUN
ssh-522	80	19	of	of	ADP
ssh-522	80	20	a	a	DET
ssh-522	80	21	stock	stock	NOUN
ssh-522	80	22	crash	crash	NOUN
ssh-522	80	23	,	,	PUNCT
ssh-522	80	24	where	where	SCONJ
ssh-522	80	25	n	n	PRON
ssh-522	80	26	represents	represent	VERB
ssh-522	80	27	the	the	DET
ssh-522	80	28	number	number	NOUN
ssh-522	80	29	of	of	ADP
ssh-522	80	30	trading	trading	NOUN
ssh-522	80	31	weeks	week	NOUN
ssh-522	80	32	in	in	ADP
ssh-522	80	33	a	a	DET
ssh-522	80	34	year	year	NOUN
ssh-522	80	35	for	for	ADP
ssh-522	80	36	company	company	NOUN
ssh-522	80	37	i	i	PRON
ssh-522	80	38	's	be	AUX
ssh-522	80	39	stock	stock	NOUN
ssh-522	80	40	and	and	CCONJ
ssh-522	80	41	is	be	AUX
ssh-522	80	42	calculated	calculate	VERB
ssh-522	80	43	as	as	ADP
ssh-522	80	44	in	in	ADP
ssh-522	80	45	(	(	PUNCT
ssh-522	80	46	4	4	NUM
ssh-522	80	47	)	)	PUNCT
ssh-522	80	48	.	.	PUNCT
ssh-522	81	1	,	,	PUNCT
ssh-522	81	2	1	1	NUM
ssh-522	81	3	∑	∑	NOUN
ssh-522	81	4	,	,	PUNCT
ssh-522	81	5	1	1	NUM
ssh-522	81	6	2	2	NUM
ssh-522	81	7	∑	∑	PUNCT
ssh-522	81	8	,	,	PUNCT
ssh-522	81	9	4	4	NUM
ssh-522	81	10	the	the	DET
ssh-522	81	11	second	second	ADJ
ssh-522	81	12	variable	variable	NOUN
ssh-522	81	13	is	be	AUX
ssh-522	81	14	the	the	DET
ssh-522	81	15	ratio	ratio	NOUN
ssh-522	81	16	of	of	ADP
ssh-522	81	17	upward	upward	ADJ
ssh-522	81	18	and	and	CCONJ
ssh-522	81	19	downward	downward	ADJ
ssh-522	81	20	volatility	volatility	NOUN
ssh-522	81	21	of	of	ADP
ssh-522	81	22	returns	return	NOUN
ssh-522	81	23	(	(	PUNCT
ssh-522	81	24	duvol	duvol	NOUN
ssh-522	81	25	)	)	PUNCT
ssh-522	81	26	.	.	PUNCT
ssh-522	82	1	if	if	SCONJ
ssh-522	82	2	the	the	DET
ssh-522	82	3	shorter	short	ADJ
ssh-522	82	4	the	the	DET
ssh-522	82	5	duration	duration	NOUN
ssh-522	82	6	of	of	ADP
ssh-522	82	7	negative	negative	ADJ
ssh-522	82	8	returns	return	NOUN
ssh-522	82	9	and	and	CCONJ
ssh-522	82	10	the	the	PRON
ssh-522	82	11	greater	great	ADJ
ssh-522	82	12	the	the	DET
ssh-522	82	13	degree	degree	NOUN
ssh-522	82	14	of	of	ADP
ssh-522	82	15	negative	negative	ADJ
ssh-522	82	16	returns	return	NOUN
ssh-522	82	17	,	,	PUNCT
ssh-522	82	18	then	then	ADV
ssh-522	82	19	the	the	PRON
ssh-522	82	20	greater	great	ADJ
ssh-522	82	21	the	the	DET
ssh-522	82	22	indicator	indicator	NOUN
ssh-522	82	23	,	,	PUNCT
ssh-522	82	24	the	the	PRON
ssh-522	82	25	greater	great	ADJ
ssh-522	82	26	the	the	DET
ssh-522	82	27	risk	risk	NOUN
ssh-522	82	28	of	of	ADP
ssh-522	82	29	stock	stock	NOUN
ssh-522	82	30	crash	crash	NOUN
ssh-522	82	31	.	.	PUNCT
ssh-522	83	1	where	where	SCONJ
ssh-522	83	2	denotes	denote	VERB
ssh-522	83	3	the	the	DET
ssh-522	83	4	number	number	NOUN
ssh-522	83	5	of	of	ADP
ssh-522	83	6	weeks	week	NOUN
ssh-522	83	7	that	that	SCONJ
ssh-522	83	8	,	,	PUNCT
ssh-522	83	9	is	be	AUX
ssh-522	83	10	greater	great	ADJ
ssh-522	83	11	than	than	ADP
ssh-522	83	12	the	the	DET
ssh-522	83	13	average	average	ADJ
ssh-522	83	14	market	market	NOUN
ssh-522	83	15	return	return	NOUN
ssh-522	83	16	,	,	PUNCT
ssh-522	83	17	and	and	CCONJ
ssh-522	83	18	denotes	denote	VERB
ssh-522	83	19	the	the	DET
ssh-522	83	20	number	number	NOUN
ssh-522	83	21	of	of	ADP
ssh-522	83	22	weeks	week	NOUN
ssh-522	83	23	that	that	SCONJ
ssh-522	83	24	,	,	PUNCT
ssh-522	83	25	is	be	AUX
ssh-522	83	26	less	less	ADJ
ssh-522	83	27	than	than	ADP
ssh-522	83	28	the	the	DET
ssh-522	83	29	average	average	ADJ
ssh-522	83	30	market	market	NOUN
ssh-522	83	31	return	return	NOUN
ssh-522	83	32	.	.	PUNCT
ssh-522	84	1	,	,	PUNCT
ssh-522	84	2	ln	ln	ADV
ssh-522	84	3	∑	∑	PUNCT
ssh-522	84	4	,	,	PUNCT
ssh-522	84	5	1	1	NUM
ssh-522	84	6	ln	ln	ADV
ssh-522	84	7	∑	∑	PUNCT
ssh-522	84	8	,	,	PUNCT
ssh-522	84	9	1	1	NUM
ssh-522	84	10	5	5	NUM
ssh-522	84	11	4.3.2	4.3.2	NUM
ssh-522	84	12	explanatory	explanatory	ADJ
ssh-522	84	13	variables	variable	NOUN
ssh-522	84	14	the	the	DET
ssh-522	84	15	explanatory	explanatory	ADJ
ssh-522	84	16	variable	variable	NOUN
ssh-522	84	17	in	in	ADP
ssh-522	84	18	the	the	DET
ssh-522	84	19	model	model	NOUN
ssh-522	84	20	is	be	AUX
ssh-522	84	21	the	the	DET
ssh-522	84	22	degree	degree	NOUN
ssh-522	84	23	of	of	ADP
ssh-522	84	24	financing	financing	NOUN
ssh-522	84	25	constraints	constraint	NOUN
ssh-522	84	26	of	of	ADP
ssh-522	84	27	the	the	DET
ssh-522	84	28	firm	firm	NOUN
ssh-522	84	29	.	.	PUNCT
ssh-522	85	1	the	the	DET
ssh-522	85	2	degree	degree	NOUN
ssh-522	85	3	of	of	ADP
ssh-522	85	4	financing	financing	NOUN
ssh-522	85	5	constraints	constraint	NOUN
ssh-522	85	6	(	(	PUNCT
ssh-522	85	7	fincon	fincon	NOUN
ssh-522	85	8	)	)	PUNCT
ssh-522	85	9	suffered	suffer	VERB
ssh-522	85	10	by	by	ADP
ssh-522	85	11	the	the	DET
ssh-522	85	12	firm	firm	NOUN
ssh-522	85	13	,	,	PUNCT
ssh-522	85	14	most	most	ADJ
ssh-522	85	15	of	of	ADP
ssh-522	85	16	the	the	DET
ssh-522	85	17	established	establish	VERB
ssh-522	85	18	literature	literature	NOUN
ssh-522	85	19	constructs	construct	VERB
ssh-522	85	20	various	various	ADJ
ssh-522	85	21	indicators	indicator	NOUN
ssh-522	85	22	based	base	VERB
ssh-522	85	23	on	on	ADP
ssh-522	85	24	the	the	DET
ssh-522	85	25	firm	firm	NOUN
ssh-522	85	26	's	's	PART
ssh-522	85	27	financial	financial	ADJ
ssh-522	85	28	statements	statement	NOUN
ssh-522	85	29	,	,	PUNCT
ssh-522	85	30	and	and	CCONJ
ssh-522	85	31	then	then	ADV
ssh-522	85	32	identifies	identify	VERB
ssh-522	85	33	whether	whether	SCONJ
ssh-522	85	34	the	the	DET
ssh-522	85	35	firm	firm	NOUN
ssh-522	85	36	is	be	AUX
ssh-522	85	37	subject	subject	ADJ
ssh-522	85	38	to	to	ADP
ssh-522	85	39	financing	financing	NOUN
ssh-522	85	40	constraints	constraint	NOUN
ssh-522	85	41	and	and	CCONJ
ssh-522	85	42	the	the	DET
ssh-522	85	43	degree	degree	NOUN
ssh-522	85	44	of	of	ADP
ssh-522	85	45	financing	financing	NOUN
ssh-522	85	46	constraints	constraint	NOUN
ssh-522	85	47	.	.	PUNCT
ssh-522	86	1	however	however	ADV
ssh-522	86	2	,	,	PUNCT
ssh-522	86	3	the	the	DET
ssh-522	86	4	relationship	relationship	NOUN
ssh-522	86	5	between	between	ADP
ssh-522	86	6	firm	firm	ADJ
ssh-522	86	7	behavior	behavior	NOUN
ssh-522	86	8	or	or	CCONJ
ssh-522	86	9	financial	financial	ADJ
ssh-522	86	10	characteristics	characteristic	NOUN
ssh-522	86	11	variables	variable	NOUN
ssh-522	86	12	and	and	CCONJ
ssh-522	86	13	financing	financing	NOUN
ssh-522	86	14	constraints	constraint	NOUN
ssh-522	86	15	is	be	AUX
ssh-522	86	16	not	not	PART
ssh-522	86	17	stable	stable	ADJ
ssh-522	86	18	or	or	CCONJ
ssh-522	86	19	one	one	NUM
ssh-522	86	20	-	-	PUNCT
ssh-522	86	21	to	to	ADP
ssh-522	86	22	-	-	PUNCT
ssh-522	86	23	one	one	NUM
ssh-522	86	24	,	,	PUNCT
ssh-522	86	25	which	which	PRON
ssh-522	86	26	makes	make	VERB
ssh-522	86	27	the	the	DET
ssh-522	86	28	issue	issue	NOUN
ssh-522	86	29	of	of	ADP
ssh-522	86	30	financing	financing	NOUN
ssh-522	86	31	constraints	constraint	NOUN
ssh-522	86	32	measurement	measurement	VERB
ssh-522	86	33	a	a	DET
ssh-522	86	34	controversial	controversial	ADJ
ssh-522	86	35	area	area	NOUN
ssh-522	86	36	in	in	ADP
ssh-522	86	37	the	the	DET
ssh-522	86	38	literature	literature	NOUN
ssh-522	86	39	.	.	PUNCT
ssh-522	87	1	the	the	DET
ssh-522	87	2	main	main	ADJ
ssh-522	87	3	financing	financing	NOUN
ssh-522	87	4	constraint	constraint	NOUN
ssh-522	87	5	measures	measure	NOUN
ssh-522	87	6	are	be	AUX
ssh-522	87	7	:	:	PUNCT
ssh-522	87	8	the	the	DET
ssh-522	87	9	investment	investment	NOUN
ssh-522	87	10	-	-	PUNCT
ssh-522	87	11	cash	cash	NOUN
ssh-522	87	12	flow	flow	NOUN
ssh-522	87	13	sensitivity	sensitivity	NOUN
ssh-522	87	14	index	index	NOUN
ssh-522	87	15	proposed	propose	VERB
ssh-522	87	16	by	by	ADP
ssh-522	87	17	fazzari	fazzari	PROPN
ssh-522	87	18	et	et	PROPN
ssh-522	87	19	al	al	PROPN
ssh-522	87	20	.	.	PROPN
ssh-522	87	21	(	(	PUNCT
ssh-522	87	22	1987	1987	NUM
ssh-522	87	23	)	)	PUNCT
ssh-522	87	24	;	;	PUNCT
ssh-522	87	25	the	the	DET
ssh-522	87	26	kz	kz	PROPN
ssh-522	87	27	index	index	NOUN
ssh-522	87	28	designed	design	VERB
ssh-522	87	29	by	by	ADP
ssh-522	87	30	kaplan	kaplan	PROPN
ssh-522	87	31	et	et	PROPN
ssh-522	87	32	al	al	PROPN
ssh-522	87	33	.	.	PROPN
ssh-522	88	1	(	(	PUNCT
ssh-522	88	2	1997	1997	NUM
ssh-522	88	3	)	)	PUNCT
ssh-522	88	4	,	,	PUNCT
ssh-522	88	5	which	which	PRON
ssh-522	88	6	is	be	AUX
ssh-522	88	7	based	base	VERB
ssh-522	88	8	on	on	ADP
ssh-522	88	9	the	the	DET
ssh-522	88	10	combined	combine	VERB
ssh-522	88	11	weighting	weighting	NOUN
ssh-522	88	12	of	of	ADP
ssh-522	88	13	financial	financial	ADJ
ssh-522	88	14	indicators	indicator	NOUN
ssh-522	88	15	;	;	PUNCT
ssh-522	88	16	the	the	DET
ssh-522	88	17	ww	ww	PROPN
ssh-522	88	18	index	index	NOUN
ssh-522	88	19	of	of	ADP
ssh-522	88	20	financing	financing	NOUN
ssh-522	88	21	constraints	constraint	NOUN
ssh-522	88	22	obtained	obtain	VERB
ssh-522	88	23	by	by	ADP
ssh-522	88	24	whited	white	VERB
ssh-522	88	25	and	and	CCONJ
ssh-522	88	26	wu	wu	PROPN
ssh-522	88	27	(	(	PUNCT
ssh-522	88	28	2006	2006	NUM
ssh-522	88	29	)	)	PUNCT
ssh-522	88	30	with	with	ADP
ssh-522	88	31	a	a	DET
ssh-522	88	32	dynamic	dynamic	ADJ
ssh-522	88	33	model	model	NOUN
ssh-522	88	34	structure	structure	NOUN
ssh-522	88	35	;	;	PUNCT
ssh-522	88	36	and	and	CCONJ
ssh-522	88	37	the	the	DET
ssh-522	88	38	sa	sa	PROPN
ssh-522	88	39	index	index	PROPN
ssh-522	88	40	(	(	PUNCT
ssh-522	88	41	sa	sa	PROPN
ssh-522	88	42	)	)	PUNCT
ssh-522	88	43	obtained	obtain	VERB
ssh-522	88	44	by	by	ADP
ssh-522	88	45	weighting	weight	VERB
ssh-522	88	46	some	some	DET
ssh-522	88	47	firm	firm	ADJ
ssh-522	88	48	characteristics	characteristic	NOUN
ssh-522	88	49	sa	sa	PROPN
ssh-522	88	50	index	index	NOUN
ssh-522	88	51	obtained	obtain	VERB
ssh-522	88	52	by	by	ADP
ssh-522	88	53	weighting	weight	VERB
ssh-522	88	54	indicators	indicator	NOUN
ssh-522	88	55	(	(	PUNCT
ssh-522	88	56	livdan	livdan	PROPN
ssh-522	88	57	et	et	PROPN
ssh-522	88	58	al	al	PROPN
ssh-522	88	59	.	.	PROPN
ssh-522	88	60	,	,	PUNCT
ssh-522	88	61	2009	2009	NUM
ssh-522	88	62	;	;	PUNCT
ssh-522	88	63	hadlock	hadlock	NOUN
ssh-522	88	64	&	&	CCONJ
ssh-522	88	65	pierce	pierce	PROPN
ssh-522	88	66	,	,	PUNCT
ssh-522	88	67	2010	2010	NUM
ssh-522	88	68	)	)	PUNCT
ssh-522	89	1	[	[	X
ssh-522	89	2	8	8	NUM
ssh-522	89	3	]	]	PUNCT
ssh-522	89	4	.	.	PUNCT
ssh-522	90	1	since	since	SCONJ
ssh-522	90	2	,	,	PUNCT
ssh-522	90	3	the	the	DET
ssh-522	90	4	use	use	NOUN
ssh-522	90	5	of	of	ADP
ssh-522	90	6	the	the	DET
ssh-522	90	7	investment	investment	NOUN
ssh-522	90	8	-	-	PUNCT
ssh-522	90	9	cash	cash	NOUN
ssh-522	90	10	flow	flow	NOUN
ssh-522	90	11	sensitivity	sensitivity	NOUN
ssh-522	90	12	method	method	NOUN
ssh-522	90	13	is	be	AUX
ssh-522	90	14	prone	prone	ADJ
ssh-522	90	15	to	to	ADP
ssh-522	90	16	error	error	NOUN
ssh-522	90	17	(	(	PUNCT
ssh-522	90	18	lien	lien	NOUN
ssh-522	90	19	,	,	PUNCT
ssh-522	90	20	yujun	yujun	PROPN
ssh-522	90	21	,	,	PUNCT
ssh-522	90	22	2007	2007	NUM
ssh-522	90	23	)	)	PUNCT
ssh-522	91	1	[	[	X
ssh-522	91	2	15	15	NUM
ssh-522	91	3	]	]	PUNCT
ssh-522	91	4	,	,	PUNCT
ssh-522	91	5	and	and	CCONJ
ssh-522	91	6	the	the	DET
ssh-522	91	7	kz	kz	PROPN
ssh-522	91	8	index	index	NOUN
ssh-522	91	9	tends	tend	VERB
ssh-522	91	10	to	to	PART
ssh-522	91	11	confuse	confuse	VERB
ssh-522	91	12	financing	financing	NOUN
ssh-522	91	13	constraints	constraint	NOUN
ssh-522	91	14	with	with	ADP
ssh-522	91	15	financial	financial	ADJ
ssh-522	91	16	distress	distress	NOUN
ssh-522	91	17	,	,	PUNCT
ssh-522	91	18	this	this	DET
ssh-522	91	19	paper	paper	NOUN
ssh-522	91	20	draws	draw	VERB
ssh-522	91	21	on	on	ADP
ssh-522	91	22	whited	white	VERB
ssh-522	91	23	and	and	CCONJ
ssh-522	91	24	wu	wu	PROPN
ssh-522	91	25	,	,	PUNCT
ssh-522	91	26	and	and	CCONJ
ssh-522	91	27	hadlock	hadlock	NOUN
ssh-522	91	28	and	and	CCONJ
ssh-522	91	29	pierce	pierce	PROPN
ssh-522	91	30	's	's	PART
ssh-522	91	31	studies	study	NOUN
ssh-522	91	32	to	to	PART
ssh-522	91	33	adopt	adopt	VERB
ssh-522	91	34	the	the	DET
ssh-522	91	35	ww	ww	PROPN
ssh-522	91	36	index	index	NOUN
ssh-522	91	37	as	as	ADP
ssh-522	91	38	a	a	DET
ssh-522	91	39	benchmark	benchmark	ADJ
ssh-522	91	40	indicator	indicator	NOUN
ssh-522	91	41	for	for	ADP
ssh-522	91	42	measuring	measure	VERB
ssh-522	91	43	the	the	DET
ssh-522	91	44	relative	relative	ADJ
ssh-522	91	45	financing	financing	NOUN
ssh-522	91	46	constraints	constraint	NOUN
ssh-522	91	47	of	of	ADP
ssh-522	91	48	firms	firm	NOUN
ssh-522	91	49	specifically	specifically	ADV
ssh-522	91	50	,	,	PUNCT
ssh-522	91	51	whited	white	VERB
ssh-522	91	52	and	and	CCONJ
ssh-522	91	53	wu	wu	PROPN
ssh-522	91	54	measure	measure	VERB
ssh-522	91	55	the	the	DET
ssh-522	91	56	euler	euler	NOUN
ssh-522	91	57	equation	equation	NOUN
ssh-522	91	58	through	through	ADP
ssh-522	91	59	the	the	DET
ssh-522	91	60	generalized	generalized	ADJ
ssh-522	91	61	moments	moment	NOUN
ssh-522	91	62	estimation	estimation	NOUN
ssh-522	91	63	method	method	NOUN
ssh-522	91	64	to	to	PART
ssh-522	91	65	obtain	obtain	VERB
ssh-522	91	66	six	six	NUM
ssh-522	91	67	explanatory	explanatory	ADJ
ssh-522	91	68	factors	factor	NOUN
ssh-522	91	69	of	of	ADP
ssh-522	91	70	financing	financing	NOUN
ssh-522	91	71	constraints	constraint	NOUN
ssh-522	91	72	,	,	PUNCT
ssh-522	91	73	which	which	PRON
ssh-522	91	74	are	be	AUX
ssh-522	91	75	long	long	ADJ
ssh-522	91	76	-	-	PUNCT
ssh-522	91	77	term	term	NOUN
ssh-522	91	78	debt	debt	NOUN
ssh-522	91	79	level	level	NOUN
ssh-522	91	80	tltd	tltd	NOUN
ssh-522	91	81	(	(	PUNCT
ssh-522	91	82	long	long	ADJ
ssh-522	91	83	-	-	PUNCT
ssh-522	91	84	term	term	NOUN
ssh-522	91	85	debt	debt	NOUN
ssh-522	91	86	/	/	SYM
ssh-522	91	87	total	total	ADJ
ssh-522	91	88	assets	asset	NOUN
ssh-522	91	89	)	)	PUNCT
ssh-522	91	90	,	,	PUNCT
ssh-522	91	91	cash	cash	NOUN
ssh-522	91	92	flow	flow	NOUN
ssh-522	91	93	ratio	ratio	NOUN
ssh-522	91	94	cf	cf	NOUN
ssh-522	91	95	(	(	PUNCT
ssh-522	91	96	net	net	ADJ
ssh-522	91	97	cash	cash	NOUN
ssh-522	91	98	flow	flow	NOUN
ssh-522	91	99	from	from	ADP
ssh-522	91	100	operating	operate	VERB
ssh-522	91	101	activities	activity	NOUN
ssh-522	91	102	/	/	SYM
ssh-522	91	103	total	total	ADJ
ssh-522	91	104	assets*100	assets*100	PROPN
ssh-522	91	105	%	%	NOUN
ssh-522	91	106	)	)	PUNCT
ssh-522	91	107	,	,	PUNCT
ssh-522	91	108	the	the	DET
ssh-522	91	109	dummy	dummy	ADJ
ssh-522	91	110	variables	variable	NOUN
ssh-522	91	111	divpos	divpos	NOUN
ssh-522	91	112	(	(	PUNCT
ssh-522	91	113	1	1	NUM
ssh-522	91	114	for	for	ADP
ssh-522	91	115	listed	list	VERB
ssh-522	91	116	companies	company	NOUN
ssh-522	91	117	paying	pay	VERB
ssh-522	91	118	cash	cash	NOUN
ssh-522	91	119	dividends	dividend	NOUN
ssh-522	91	120	and	and	CCONJ
ssh-522	91	121	0	0	NUM
ssh-522	91	122	for	for	ADP
ssh-522	91	123	the	the	DET
ssh-522	91	124	opposite	opposite	NOUN
ssh-522	91	125	)	)	PUNCT
ssh-522	91	126	,	,	PUNCT
ssh-522	91	127	the	the	DET
ssh-522	91	128	natural	natural	ADJ
ssh-522	91	129	logarithm	logarithm	NOUN
ssh-522	91	130	of	of	ADP
ssh-522	91	131	total	total	ADJ
ssh-522	91	132	assets	asset	NOUN
ssh-522	91	133	lnta	lnta	NOUN
ssh-522	91	134	,	,	PUNCT
ssh-522	91	135	the	the	DET
ssh-522	91	136	growth	growth	NOUN
ssh-522	91	137	rate	rate	NOUN
ssh-522	91	138	of	of	ADP
ssh-522	91	139	the	the	DET
ssh-522	91	140	firm	firm	NOUN
ssh-522	91	141	's	's	PART
ssh-522	91	142	operating	operate	VERB
ssh-522	91	143	income	income	NOUN
ssh-522	91	144	(	(	PUNCT
ssh-522	91	145	sg	sg	PROPN
ssh-522	91	146	)	)	PUNCT
ssh-522	91	147	and	and	CCONJ
ssh-522	91	148	the	the	DET
ssh-522	91	149	growth	growth	NOUN
ssh-522	91	150	rate	rate	NOUN
ssh-522	91	151	of	of	ADP
ssh-522	91	152	the	the	DET
ssh-522	91	153	firm	firm	NOUN
ssh-522	91	154	's	's	PART
ssh-522	91	155	industry	industry	NOUN
ssh-522	91	156	operating	operating	NOUN
ssh-522	91	157	income	income	NOUN
ssh-522	91	158	(	(	PUNCT
ssh-522	91	159	isg	isg	PROPN
ssh-522	91	160	)	)	PUNCT
ssh-522	91	161	are	be	AUX
ssh-522	91	162	calculated	calculate	VERB
ssh-522	91	163	based	base	VERB
ssh-522	91	164	on	on	ADP
ssh-522	91	165	their	their	PRON
ssh-522	91	166	given	give	VERB
ssh-522	91	167	coefficients	coefficient	NOUN
ssh-522	91	168	,	,	PUNCT
ssh-522	91	169	and	and	CCONJ
ssh-522	91	170	the	the	DET
ssh-522	91	171	larger	large	ADJ
ssh-522	91	172	the	the	DET
ssh-522	91	173	value	value	NOUN
ssh-522	91	174	,	,	PUNCT
ssh-522	91	175	the	the	PRON
ssh-522	91	176	higher	high	ADJ
ssh-522	91	177	the	the	DET
ssh-522	91	178	degree	degree	NOUN
ssh-522	91	179	of	of	ADP
ssh-522	91	180	financing	financing	NOUN
ssh-522	91	181	constraint	constraint	NOUN
ssh-522	91	182	.	.	PUNCT
ssh-522	92	1	bcp	bcp	VERB
ssh-522	92	2	social	social	PROPN
ssh-522	92	3	sciences	sciences	PROPN
ssh-522	92	4	&	&	CCONJ
ssh-522	92	5	humanities	humanity	NOUN
ssh-522	92	6	isss	isss	VERB
ssh-522	92	7	2022	2022	NUM
ssh-522	92	8	volume	volume	NOUN
ssh-522	92	9	16	16	NUM
ssh-522	92	10	(	(	PUNCT
ssh-522	92	11	2022	2022	NUM
ssh-522	92	12	)	)	PUNCT
ssh-522	92	13	634	634	NUM
ssh-522	92	14	4.3.3	4.3.3	NUM
ssh-522	92	15	controlled	control	VERB
ssh-522	92	16	variables	variable	NOUN
ssh-522	92	17	based	base	VERB
ssh-522	92	18	on	on	ADP
ssh-522	92	19	previous	previous	ADJ
ssh-522	92	20	scholars	scholar	NOUN
ssh-522	92	21	'	'	PART
ssh-522	92	22	studies	study	NOUN
ssh-522	92	23	,	,	PUNCT
ssh-522	92	24	this	this	DET
ssh-522	92	25	paper	paper	NOUN
ssh-522	92	26	further	far	ADV
ssh-522	92	27	controls	control	VERB
ssh-522	92	28	the	the	DET
ssh-522	92	29	enterprise	enterprise	NOUN
ssh-522	92	30	characteristics	characteristic	NOUN
ssh-522	92	31	variables	variable	NOUN
ssh-522	92	32	as	as	SCONJ
ssh-522	92	33	follows	follow	VERB
ssh-522	92	34	.	.	PUNCT
ssh-522	93	1	the	the	DET
ssh-522	93	2	controlled	control	VERB
ssh-522	93	3	variable	variable	NOUN
ssh-522	93	4	is	be	AUX
ssh-522	93	5	the	the	DET
ssh-522	93	6	size	size	NOUN
ssh-522	93	7	of	of	ADP
ssh-522	93	8	the	the	DET
ssh-522	93	9	firm	firm	NOUN
ssh-522	93	10	(	(	PUNCT
ssh-522	93	11	size	size	NOUN
ssh-522	93	12	)	)	PUNCT
ssh-522	93	13	,	,	PUNCT
ssh-522	93	14	which	which	PRON
ssh-522	93	15	is	be	AUX
ssh-522	93	16	expressed	express	VERB
ssh-522	93	17	as	as	ADP
ssh-522	93	18	the	the	DET
ssh-522	93	19	logarithm	logarithm	NOUN
ssh-522	93	20	of	of	ADP
ssh-522	93	21	the	the	DET
ssh-522	93	22	total	total	ADJ
ssh-522	93	23	assets	asset	NOUN
ssh-522	93	24	of	of	ADP
ssh-522	93	25	the	the	DET
ssh-522	93	26	firm	firm	NOUN
ssh-522	93	27	.	.	PUNCT
ssh-522	94	1	the	the	PRON
ssh-522	94	2	larger	large	ADJ
ssh-522	94	3	the	the	DET
ssh-522	94	4	size	size	NOUN
ssh-522	94	5	of	of	ADP
ssh-522	94	6	the	the	DET
ssh-522	94	7	firm	firm	NOUN
ssh-522	94	8	,	,	PUNCT
ssh-522	94	9	the	the	PRON
ssh-522	94	10	stronger	strong	ADJ
ssh-522	94	11	its	its	PRON
ssh-522	94	12	ability	ability	NOUN
ssh-522	94	13	to	to	PART
ssh-522	94	14	resist	resist	VERB
ssh-522	94	15	risk	risk	NOUN
ssh-522	94	16	,	,	PUNCT
ssh-522	94	17	and	and	CCONJ
ssh-522	94	18	the	the	DET
ssh-522	94	19	expected	expect	VERB
ssh-522	94	20	stock	stock	NOUN
ssh-522	94	21	price	price	NOUN
ssh-522	94	22	volatility	volatility	NOUN
ssh-522	94	23	is	be	AUX
ssh-522	94	24	inversely	inversely	ADV
ssh-522	94	25	related	related	ADJ
ssh-522	94	26	to	to	ADP
ssh-522	94	27	it	it	PRON
ssh-522	94	28	.	.	PUNCT
ssh-522	95	1	the	the	DET
ssh-522	95	2	second	second	ADJ
ssh-522	95	3	variable	variable	NOUN
ssh-522	95	4	is	be	AUX
ssh-522	95	5	the	the	DET
ssh-522	95	6	size	size	NOUN
ssh-522	95	7	of	of	ADP
ssh-522	95	8	the	the	DET
ssh-522	95	9	firm	firm	NOUN
ssh-522	95	10	(	(	PUNCT
ssh-522	95	11	age	age	NOUN
ssh-522	95	12	)	)	PUNCT
ssh-522	95	13	,	,	PUNCT
ssh-522	95	14	the	the	PRON
ssh-522	95	15	earlier	early	ADV
ssh-522	95	16	the	the	DET
ssh-522	95	17	firm	firm	NOUN
ssh-522	95	18	is	be	AUX
ssh-522	95	19	listed	list	VERB
ssh-522	95	20	,	,	PUNCT
ssh-522	95	21	the	the	PRON
ssh-522	95	22	more	more	ADV
ssh-522	95	23	experienced	experienced	ADJ
ssh-522	95	24	the	the	DET
ssh-522	95	25	firm	firm	NOUN
ssh-522	95	26	is	be	AUX
ssh-522	95	27	in	in	ADP
ssh-522	95	28	dealing	deal	VERB
ssh-522	95	29	with	with	ADP
ssh-522	95	30	risks	risk	NOUN
ssh-522	95	31	,	,	PUNCT
ssh-522	95	32	and	and	CCONJ
ssh-522	95	33	the	the	DET
ssh-522	95	34	expected	expect	VERB
ssh-522	95	35	stock	stock	NOUN
ssh-522	95	36	price	price	NOUN
ssh-522	95	37	volatility	volatility	NOUN
ssh-522	95	38	is	be	AUX
ssh-522	95	39	inversely	inversely	ADV
ssh-522	95	40	related	related	ADJ
ssh-522	95	41	to	to	ADP
ssh-522	95	42	it	it	PRON
ssh-522	95	43	;	;	PUNCT
ssh-522	95	44	ratio	ratio	NOUN
ssh-522	95	45	of	of	ADP
ssh-522	95	46	liabilities	liability	NOUN
ssh-522	95	47	to	to	PART
ssh-522	95	48	assets(dar	assets(dar	VERB
ssh-522	95	49	)	)	PUNCT
ssh-522	95	50	,	,	PUNCT
ssh-522	95	51	reflects	reflect	VERB
ssh-522	95	52	the	the	DET
ssh-522	95	53	level	level	NOUN
ssh-522	95	54	of	of	ADP
ssh-522	95	55	liabilities	liability	NOUN
ssh-522	95	56	of	of	ADP
ssh-522	95	57	the	the	DET
ssh-522	95	58	firm	firm	NOUN
ssh-522	95	59	.	.	PUNCT
ssh-522	96	1	the	the	DET
ssh-522	96	2	more	more	ADJ
ssh-522	96	3	debt	debt	NOUN
ssh-522	96	4	a	a	DET
ssh-522	96	5	firm	firm	NOUN
ssh-522	96	6	has	have	VERB
ssh-522	96	7	,	,	PUNCT
ssh-522	96	8	the	the	DET
ssh-522	96	9	more	more	ADJ
ssh-522	96	10	risk	risk	NOUN
ssh-522	96	11	it	it	PRON
ssh-522	96	12	faces	face	VERB
ssh-522	96	13	,	,	PUNCT
ssh-522	96	14	and	and	CCONJ
ssh-522	96	15	the	the	DET
ssh-522	96	16	expected	expect	VERB
ssh-522	96	17	stock	stock	NOUN
ssh-522	96	18	price	price	NOUN
ssh-522	96	19	volatility	volatility	NOUN
ssh-522	96	20	has	have	VERB
ssh-522	96	21	a	a	DET
ssh-522	96	22	positive	positive	ADJ
ssh-522	96	23	relationship	relationship	NOUN
ssh-522	96	24	with	with	ADP
ssh-522	96	25	it	it	PRON
ssh-522	96	26	;	;	PUNCT
ssh-522	96	27	return	return	VERB
ssh-522	96	28	on	on	ADP
ssh-522	96	29	assets	asset	NOUN
ssh-522	96	30	(	(	PUNCT
ssh-522	96	31	roa	roa	NOUN
ssh-522	96	32	)	)	PUNCT
ssh-522	96	33	,	,	PUNCT
ssh-522	96	34	monthly	monthly	ADJ
ssh-522	96	35	excess	excess	ADJ
ssh-522	96	36	turnover	turnover	NOUN
ssh-522	96	37	(	(	PUNCT
ssh-522	96	38	turnover	turnover	NOUN
ssh-522	96	39	)	)	PUNCT
ssh-522	96	40	;	;	PUNCT
ssh-522	96	41	book	book	NOUN
ssh-522	96	42	-	-	PUNCT
ssh-522	96	43	to	to	ADP
ssh-522	96	44	-	-	PUNCT
ssh-522	96	45	market	market	NOUN
ssh-522	96	46	ratio	ratio	NOUN
ssh-522	96	47	(	(	PUNCT
ssh-522	96	48	bm	bm	PROPN
ssh-522	96	49	)	)	PUNCT
ssh-522	96	50	,	,	PUNCT
ssh-522	96	51	;	;	PUNCT
ssh-522	96	52	gearing	gear	VERB
ssh-522	96	53	ratio	ratio	NOUN
ssh-522	96	54	(	(	PUNCT
ssh-522	96	55	lev	lev	NOUN
ssh-522	96	56	)	)	PUNCT
ssh-522	96	57	;	;	PUNCT
ssh-522	96	58	information	information	NOUN
ssh-522	96	59	transparency	transparency	NOUN
ssh-522	96	60	(	(	PUNCT
ssh-522	96	61	absacc	absacc	PROPN
ssh-522	96	62	)	)	PUNCT
ssh-522	96	63	,	,	PUNCT
ssh-522	96	64	expressed	express	VERB
ssh-522	96	65	as	as	ADP
ssh-522	96	66	the	the	DET
ssh-522	96	67	amount	amount	NOUN
ssh-522	96	68	of	of	ADP
ssh-522	96	69	manipulated	manipulate	VERB
ssh-522	96	70	accrued	accrue	VERB
ssh-522	96	71	profits	profit	NOUN
ssh-522	96	72	obtained	obtain	VERB
ssh-522	96	73	by	by	ADP
ssh-522	96	74	modifying	modify	VERB
ssh-522	96	75	the	the	DET
ssh-522	96	76	jones	jones	PROPN
ssh-522	96	77	model	model	PROPN
ssh-522	96	78	.	.	PUNCT
ssh-522	97	1	table	table	NOUN
ssh-522	97	2	1	1	NUM
ssh-522	97	3	.	.	PUNCT
ssh-522	98	1	definition	definition	NOUN
ssh-522	98	2	of	of	ADP
ssh-522	98	3	variables	variable	NOUN
ssh-522	98	4	variable	variable	ADJ
ssh-522	98	5	type	type	NOUN
ssh-522	98	6	variable	variable	ADJ
ssh-522	98	7	name	name	NOUN
ssh-522	98	8	variable	variable	ADJ
ssh-522	98	9	symbol	symbol	NOUN
ssh-522	98	10	variable	variable	ADJ
ssh-522	98	11	description	description	NOUN
ssh-522	98	12	explanatory	explanatory	ADJ
ssh-522	98	13	variables	variable	NOUN
ssh-522	98	14	negative	negative	ADJ
ssh-522	98	15	return	return	NOUN
ssh-522	98	16	bias	bias	NOUN
ssh-522	98	17	coefficient	coefficient	NOUN
ssh-522	98	18	ncskewt	ncskewt	VERB
ssh-522	98	19	the	the	DET
ssh-522	98	20	degree	degree	NOUN
ssh-522	98	21	of	of	ADP
ssh-522	98	22	negative	negative	ADJ
ssh-522	98	23	bias	bias	NOUN
ssh-522	98	24	of	of	ADP
ssh-522	98	25	the	the	DET
ssh-522	98	26	company	company	NOUN
ssh-522	98	27	's	's	PART
ssh-522	98	28	weekly	weekly	ADJ
ssh-522	98	29	stock	stock	NOUN
ssh-522	98	30	returns	return	NOUN
ssh-522	98	31	in	in	ADP
ssh-522	98	32	year	year	NOUN
ssh-522	98	33	t	t	PROPN
ssh-522	98	34	earnings	earning	NOUN
ssh-522	98	35	fluctuation	fluctuation	NOUN
ssh-522	98	36	ratio	ratio	NOUN
ssh-522	98	37	duvolt	duvolt	VERB
ssh-522	98	38	the	the	DET
ssh-522	98	39	volatility	volatility	NOUN
ssh-522	98	40	ratio	ratio	NOUN
ssh-522	98	41	of	of	ADP
ssh-522	98	42	the	the	DET
ssh-522	98	43	weekly	weekly	ADJ
ssh-522	98	44	return	return	NOUN
ssh-522	98	45	of	of	ADP
ssh-522	98	46	the	the	DET
ssh-522	98	47	company	company	NOUN
ssh-522	98	48	's	's	PART
ssh-522	98	49	stock	stock	NOUN
ssh-522	98	50	in	in	ADP
ssh-522	98	51	year	year	NOUN
ssh-522	98	52	t	t	PROPN
ssh-522	98	53	earnings	earning	NOUN
ssh-522	98	54	volatility	volatility	NOUN
ssh-522	98	55	sigma	sigma	VERB
ssh-522	98	56	standard	standard	ADJ
ssh-522	98	57	deviation	deviation	NOUN
ssh-522	98	58	of	of	ADP
ssh-522	98	59	weekly	weekly	ADJ
ssh-522	98	60	idiosyncratic	idiosyncratic	ADJ
ssh-522	98	61	returns	return	NOUN
ssh-522	98	62	average	average	ADJ
ssh-522	98	63	weekly	weekly	ADJ
ssh-522	98	64	yield	yield	NOUN
ssh-522	98	65	ret	ret	PROPN
ssh-522	98	66	average	average	NOUN
ssh-522	98	67	of	of	ADP
ssh-522	98	68	weekly	weekly	ADJ
ssh-522	98	69	idiosyncratic	idiosyncratic	ADJ
ssh-522	98	70	yields	yield	NOUN
ssh-522	98	71	monthly	monthly	ADJ
ssh-522	98	72	excess	excess	ADJ
ssh-522	98	73	exchange	exchange	NOUN
ssh-522	98	74	rate	rate	NOUN
ssh-522	98	75	turnover	turnover	NOUN
ssh-522	98	76	the	the	DET
ssh-522	98	77	difference	difference	NOUN
ssh-522	98	78	between	between	ADP
ssh-522	98	79	the	the	DET
ssh-522	98	80	average	average	ADJ
ssh-522	98	81	monthly	monthly	ADJ
ssh-522	98	82	turnover	turnover	NOUN
ssh-522	98	83	rate	rate	NOUN
ssh-522	98	84	in	in	ADP
ssh-522	98	85	year	year	NOUN
ssh-522	98	86	t	t	PROPN
ssh-522	98	87	and	and	CCONJ
ssh-522	98	88	the	the	DET
ssh-522	98	89	average	average	ADJ
ssh-522	98	90	monthly	monthly	ADJ
ssh-522	98	91	turnover	turnover	NOUN
ssh-522	98	92	rate	rate	NOUN
ssh-522	98	93	in	in	ADP
ssh-522	98	94	year	year	NOUN
ssh-522	98	95	t	t	NOUN
ssh-522	98	96	1	1	NUM
ssh-522	98	97	gearing	gearing	NOUN
ssh-522	98	98	ratio	ratio	NOUN
ssh-522	98	99	lev	lev	NOUN
ssh-522	98	100	total	total	ADJ
ssh-522	98	101	liabilities	liability	NOUN
ssh-522	98	102	/	/	SYM
ssh-522	98	103	total	total	ADJ
ssh-522	98	104	assets	asset	NOUN
ssh-522	98	105	company	company	NOUN
ssh-522	98	106	size	size	NOUN
ssh-522	98	107	size	size	NOUN
ssh-522	98	108	logarithm	logarithm	NOUN
ssh-522	98	109	of	of	ADP
ssh-522	98	110	total	total	ADJ
ssh-522	98	111	assets	asset	NOUN
ssh-522	98	112	at	at	ADP
ssh-522	98	113	the	the	DET
ssh-522	98	114	end	end	NOUN
ssh-522	98	115	of	of	ADP
ssh-522	98	116	the	the	DET
ssh-522	98	117	period	period	NOUN
ssh-522	98	118	book	book	NOUN
ssh-522	98	119	-	-	PUNCT
ssh-522	98	120	to	to	ADP
ssh-522	98	121	-	-	PUNCT
ssh-522	98	122	market	market	NOUN
ssh-522	98	123	ratio	ratio	NOUN
ssh-522	98	124	bm	bm	PROPN
ssh-522	98	125	net	net	ADJ
ssh-522	98	126	assets	asset	NOUN
ssh-522	98	127	per	per	ADP
ssh-522	98	128	share	share	NOUN
ssh-522	98	129	/	/	SYM
ssh-522	98	130	share	share	NOUN
ssh-522	98	131	price	price	NOUN
ssh-522	98	132	per	per	ADP
ssh-522	98	133	share	share	NOUN
ssh-522	98	134	total	total	ADJ
ssh-522	98	135	return	return	NOUN
ssh-522	98	136	on	on	ADP
ssh-522	98	137	assets	asset	NOUN
ssh-522	98	138	roa	roa	PROPN
ssh-522	98	139	net	net	ADJ
ssh-522	98	140	profit	profit	NOUN
ssh-522	98	141	/	/	SYM
ssh-522	98	142	total	total	ADJ
ssh-522	98	143	assets	asset	NOUN
ssh-522	98	144	information	information	NOUN
ssh-522	98	145	transparency	transparency	NOUN
ssh-522	98	146	absacc	absacc	PROPN
ssh-522	98	147	manipulated	manipulate	VERB
ssh-522	98	148	accrued	accrue	VERB
ssh-522	98	149	profit	profit	NOUN
ssh-522	98	150	from	from	ADP
ssh-522	98	151	correction	correction	NOUN
ssh-522	98	152	of	of	ADP
ssh-522	98	153	jones	jones	PROPN
ssh-522	98	154	model	model	PROPN
ssh-522	98	155	state	state	NOUN
ssh-522	98	156	enterprise	enterprise	NOUN
ssh-522	98	157	or	or	CCONJ
ssh-522	98	158	not	not	PART
ssh-522	98	159	soe	soe	PROPN
ssh-522	98	160	soe	soe	PROPN
ssh-522	98	161	=	=	SYM
ssh-522	98	162	1	1	NUM
ssh-522	98	163	if	if	SCONJ
ssh-522	98	164	ownership	ownership	NOUN
ssh-522	98	165	is	be	AUX
ssh-522	98	166	state	state	NOUN
ssh-522	98	167	enterprise	enterprise	NOUN
ssh-522	98	168	,	,	PUNCT
ssh-522	99	1	otherwise	otherwise	ADV
ssh-522	99	2	0	0	NUM
ssh-522	99	3	industry	industry	NOUN
ssh-522	99	4	ind	ind	NOUN
ssh-522	99	5	industry	industry	NOUN
ssh-522	99	6	dummy	dummy	ADJ
ssh-522	99	7	variables	variable	NOUN
ssh-522	99	8	,	,	PUNCT
ssh-522	99	9	17	17	NUM
ssh-522	99	10	industry	industry	NOUN
ssh-522	99	11	dummy	dummy	ADJ
ssh-522	99	12	variables	variable	NOUN
ssh-522	99	13	5	5	NUM
ssh-522	99	14	.	.	PUNCT
ssh-522	99	15	empirical	empirical	ADJ
ssh-522	99	16	analysis	analysis	NOUN
ssh-522	99	17	5.1	5.1	NUM
ssh-522	99	18	descriptive	descriptive	ADJ
ssh-522	99	19	statistics	statistic	NOUN
ssh-522	99	20	the	the	DET
ssh-522	99	21	results	result	NOUN
ssh-522	99	22	in	in	ADP
ssh-522	99	23	table	table	NOUN
ssh-522	99	24	2	2	NUM
ssh-522	99	25	show	show	VERB
ssh-522	99	26	that	that	SCONJ
ssh-522	99	27	the	the	DET
ssh-522	99	28	maximum	maximum	ADJ
ssh-522	99	29	value	value	NOUN
ssh-522	99	30	of	of	ADP
ssh-522	99	31	ncskew	ncskew	NOUN
ssh-522	99	32	is	be	AUX
ssh-522	99	33	3.452	3.452	NUM
ssh-522	99	34	,	,	PUNCT
ssh-522	99	35	the	the	DET
ssh-522	99	36	minimum	minimum	ADJ
ssh-522	99	37	value	value	NOUN
ssh-522	99	38	is	be	AUX
ssh-522	99	39	-3.300	-3.300	ADJ
ssh-522	99	40	,	,	PUNCT
ssh-522	99	41	and	and	CCONJ
ssh-522	99	42	the	the	DET
ssh-522	99	43	standard	standard	ADJ
ssh-522	99	44	deviation	deviation	NOUN
ssh-522	99	45	is	be	AUX
ssh-522	99	46	0.734	0.734	NUM
ssh-522	99	47	;	;	PUNCT
ssh-522	99	48	the	the	DET
ssh-522	99	49	maximum	maximum	ADJ
ssh-522	99	50	value	value	NOUN
ssh-522	99	51	of	of	ADP
ssh-522	99	52	duvol	duvol	NOUN
ssh-522	99	53	is	be	AUX
ssh-522	99	54	2.273	2.273	NUM
ssh-522	99	55	,	,	PUNCT
ssh-522	99	56	the	the	DET
ssh-522	99	57	minimum	minimum	ADJ
ssh-522	99	58	value	value	NOUN
ssh-522	99	59	is	be	AUX
ssh-522	99	60	-1.662	-1.662	NOUN
ssh-522	99	61	,	,	PUNCT
ssh-522	99	62	and	and	CCONJ
ssh-522	99	63	the	the	DET
ssh-522	99	64	standard	standard	ADJ
ssh-522	99	65	deviation	deviation	NOUN
ssh-522	99	66	is	be	AUX
ssh-522	99	67	0.503	0.503	NUM
ssh-522	99	68	,	,	PUNCT
ssh-522	99	69	which	which	PRON
ssh-522	99	70	indicates	indicate	VERB
ssh-522	99	71	a	a	DET
ssh-522	99	72	large	large	ADJ
ssh-522	99	73	difference	difference	NOUN
ssh-522	99	74	in	in	ADP
ssh-522	99	75	the	the	DET
ssh-522	99	76	risk	risk	NOUN
ssh-522	99	77	of	of	ADP
ssh-522	99	78	stock	stock	NOUN
ssh-522	99	79	price	price	NOUN
ssh-522	99	80	collapse	collapse	NOUN
ssh-522	99	81	of	of	ADP
ssh-522	99	82	listed	list	VERB
ssh-522	99	83	companies	company	NOUN
ssh-522	99	84	in	in	ADP
ssh-522	99	85	china	china	PROPN
ssh-522	99	86	;	;	PUNCT
ssh-522	99	87	the	the	DET
ssh-522	99	88	mean	mean	ADJ
ssh-522	99	89	value	value	NOUN
ssh-522	99	90	of	of	ADP
ssh-522	99	91	the	the	DET
ssh-522	99	92	degree	degree	NOUN
ssh-522	99	93	of	of	ADP
ssh-522	99	94	financing	finance	VERB
ssh-522	99	95	bcp	bcp	PROPN
ssh-522	99	96	social	social	PROPN
ssh-522	99	97	sciences	sciences	PROPN
ssh-522	99	98	&	&	CCONJ
ssh-522	99	99	humanities	humanity	NOUN
ssh-522	99	100	isss	isss	VERB
ssh-522	99	101	2022	2022	NUM
ssh-522	99	102	volume	volume	NOUN
ssh-522	99	103	16	16	NUM
ssh-522	99	104	(	(	PUNCT
ssh-522	99	105	2022	2022	NUM
ssh-522	99	106	)	)	PUNCT
ssh-522	99	107	635	635	NUM
ssh-522	99	108	constraints	constraint	NOUN
ssh-522	99	109	ww	ww	PROPN
ssh-522	99	110	is	be	AUX
ssh-522	99	111	0.381	0.381	NUM
ssh-522	99	112	,	,	PUNCT
ssh-522	99	113	and	and	CCONJ
ssh-522	99	114	the	the	DET
ssh-522	99	115	standard	standard	ADJ
ssh-522	99	116	deviation	deviation	NOUN
ssh-522	99	117	is	be	AUX
ssh-522	99	118	1.325	1.325	NUM
ssh-522	99	119	,	,	PUNCT
ssh-522	99	120	the	the	DET
ssh-522	99	121	results	result	NOUN
ssh-522	99	122	are	be	AUX
ssh-522	99	123	relatively	relatively	ADV
ssh-522	99	124	close	close	ADJ
ssh-522	99	125	to	to	ADP
ssh-522	99	126	the	the	DET
ssh-522	99	127	values	value	NOUN
ssh-522	99	128	reported	report	VERB
ssh-522	99	129	in	in	ADP
ssh-522	99	130	previous	previous	ADJ
ssh-522	99	131	studies	study	NOUN
ssh-522	99	132	.	.	PUNCT
ssh-522	100	1	table	table	NOUN
ssh-522	100	2	2	2	NUM
ssh-522	100	3	.	.	PUNCT
ssh-522	100	4	descriptive	descriptive	ADJ
ssh-522	100	5	statistics	statistic	NOUN
ssh-522	100	6	varname	varname	PROPN
ssh-522	100	7	obs	obs	PROPN
ssh-522	100	8	mean	mean	VERB
ssh-522	100	9	sd	sd	ADP
ssh-522	100	10	min	min	PROPN
ssh-522	100	11	max	max	PROPN
ssh-522	100	12	ncskew	ncskew	PROPN
ssh-522	100	13	1197	1197	NUM
ssh-522	100	14	-0.193	-0.193	NUM
ssh-522	100	15	0.734	0.734	NUM
ssh-522	100	16	-3.300	-3.300	NUM
ssh-522	100	17	3.452	3.452	NUM
ssh-522	100	18	duvol	duvol	NOUN
ssh-522	100	19	1197	1197	NUM
ssh-522	100	20	-0.152	-0.152	NOUN
ssh-522	100	21	0.503	0.503	NUM
ssh-522	100	22	-1.662	-1.662	SYM
ssh-522	100	23	2.273	2.273	NUM
ssh-522	100	24	ww	ww	PROPN
ssh-522	100	25	1197	1197	NUM
ssh-522	100	26	0.381	0.381	NUM
ssh-522	100	27	1.325	1.325	NUM
ssh-522	100	28	-6.358	-6.358	PROPN
ssh-522	100	29	3.955	3.955	NUM
ssh-522	100	30	5.2	5.2	NUM
ssh-522	100	31	regression	regression	NOUN
ssh-522	100	32	analysis	analysis	NOUN
ssh-522	100	33	as	as	ADP
ssh-522	100	34	in	in	ADP
ssh-522	100	35	table	table	NOUN
ssh-522	100	36	3	3	NUM
ssh-522	100	37	,	,	PUNCT
ssh-522	100	38	the	the	DET
ssh-522	100	39	dependent	dependent	ADJ
ssh-522	100	40	variable	variable	NOUN
ssh-522	100	41	in	in	ADP
ssh-522	100	42	column	column	NOUN
ssh-522	100	43	(	(	PUNCT
ssh-522	100	44	1	1	X
ssh-522	100	45	)	)	PUNCT
ssh-522	100	46	is	be	AUX
ssh-522	100	47	ncskew	ncskew	ADJ
ssh-522	100	48	with	with	ADP
ssh-522	100	49	a	a	DET
ssh-522	100	50	coefficient	coefficient	NOUN
ssh-522	100	51	of	of	ADP
ssh-522	100	52	-0.0396	-0.0396	PROPN
ssh-522	100	53	,	,	PUNCT
ssh-522	100	54	which	which	PRON
ssh-522	100	55	is	be	AUX
ssh-522	100	56	significant	significant	ADJ
ssh-522	100	57	at	at	ADP
ssh-522	100	58	the	the	DET
ssh-522	100	59	95	95	NUM
ssh-522	100	60	%	%	NOUN
ssh-522	100	61	level	level	NOUN
ssh-522	100	62	,	,	PUNCT
ssh-522	100	63	indicating	indicate	VERB
ssh-522	100	64	that	that	SCONJ
ssh-522	100	65	the	the	PRON
ssh-522	100	66	higher	high	ADJ
ssh-522	100	67	the	the	DET
ssh-522	100	68	degree	degree	NOUN
ssh-522	100	69	of	of	ADP
ssh-522	100	70	financing	financing	NOUN
ssh-522	100	71	constraints	constraint	NOUN
ssh-522	100	72	,	,	PUNCT
ssh-522	100	73	the	the	PRON
ssh-522	100	74	lower	low	ADJ
ssh-522	100	75	the	the	DET
ssh-522	100	76	risk	risk	NOUN
ssh-522	100	77	of	of	ADP
ssh-522	100	78	future	future	ADJ
ssh-522	100	79	stock	stock	NOUN
ssh-522	100	80	price	price	NOUN
ssh-522	100	81	collapse	collapse	NOUN
ssh-522	100	82	of	of	ADP
ssh-522	100	83	the	the	DET
ssh-522	100	84	company	company	NOUN
ssh-522	100	85	.	.	PUNCT
ssh-522	101	1	the	the	DET
ssh-522	101	2	dependent	dependent	ADJ
ssh-522	101	3	variable	variable	NOUN
ssh-522	101	4	in	in	ADP
ssh-522	101	5	column	column	NOUN
ssh-522	101	6	(	(	PUNCT
ssh-522	101	7	2	2	X
ssh-522	101	8	)	)	PUNCT
ssh-522	101	9	is	be	AUX
ssh-522	101	10	duvol	duvol	VERB
ssh-522	101	11	with	with	ADP
ssh-522	101	12	a	a	DET
ssh-522	101	13	coefficient	coefficient	NOUN
ssh-522	101	14	of	of	ADP
ssh-522	101	15	-0.0263	-0.0263	NOUN
ssh-522	101	16	,	,	PUNCT
ssh-522	101	17	which	which	PRON
ssh-522	101	18	is	be	AUX
ssh-522	101	19	significant	significant	ADJ
ssh-522	101	20	at	at	ADP
ssh-522	101	21	the	the	DET
ssh-522	101	22	95	95	NUM
ssh-522	101	23	%	%	NOUN
ssh-522	101	24	level	level	NOUN
ssh-522	101	25	,	,	PUNCT
ssh-522	101	26	indicating	indicate	VERB
ssh-522	101	27	that	that	SCONJ
ssh-522	101	28	the	the	PRON
ssh-522	101	29	higher	high	ADJ
ssh-522	101	30	the	the	DET
ssh-522	101	31	degree	degree	NOUN
ssh-522	101	32	of	of	ADP
ssh-522	101	33	financing	financing	NOUN
ssh-522	101	34	constraints	constraint	NOUN
ssh-522	101	35	,	,	PUNCT
ssh-522	101	36	the	the	PRON
ssh-522	101	37	lower	low	ADJ
ssh-522	101	38	the	the	DET
ssh-522	101	39	company	company	NOUN
ssh-522	101	40	's	's	PART
ssh-522	101	41	risk	risk	NOUN
ssh-522	101	42	of	of	ADP
ssh-522	101	43	future	future	ADJ
ssh-522	101	44	stock	stock	NOUN
ssh-522	101	45	price	price	NOUN
ssh-522	101	46	collapse	collapse	NOUN
ssh-522	101	47	.	.	PUNCT
ssh-522	102	1	in	in	ADP
ssh-522	102	2	terms	term	NOUN
ssh-522	102	3	of	of	ADP
ssh-522	102	4	control	control	NOUN
ssh-522	102	5	variables	variable	NOUN
ssh-522	102	6	,	,	PUNCT
ssh-522	102	7	the	the	DET
ssh-522	102	8	regression	regression	NOUN
ssh-522	102	9	coefficients	coefficient	NOUN
ssh-522	102	10	of	of	ADP
ssh-522	102	11	current	current	ADJ
ssh-522	102	12	stock	stock	NOUN
ssh-522	102	13	price	price	NOUN
ssh-522	102	14	crash	crash	NOUN
ssh-522	102	15	risk	risk	NOUN
ssh-522	102	16	variables	variable	NOUN
ssh-522	102	17	ncskew	ncskew	NOUN
ssh-522	102	18	and	and	CCONJ
ssh-522	102	19	duvol	duvol	NOUN
ssh-522	102	20	are	be	AUX
ssh-522	102	21	significantly	significantly	ADV
ssh-522	102	22	positive	positive	ADJ
ssh-522	102	23	,	,	PUNCT
ssh-522	102	24	information	information	NOUN
ssh-522	102	25	transparency	transparency	NOUN
ssh-522	102	26	(	(	PUNCT
ssh-522	102	27	absacc	absacc	PROPN
ssh-522	102	28	)	)	PUNCT
ssh-522	102	29	,	,	PUNCT
ssh-522	102	30	gearing	gearing	NOUN
ssh-522	102	31	(	(	PUNCT
ssh-522	102	32	lev	lev	NOUN
ssh-522	102	33	)	)	PUNCT
ssh-522	102	34	,	,	PUNCT
ssh-522	102	35	and	and	CCONJ
ssh-522	102	36	book	book	NOUN
ssh-522	102	37	-	-	PUNCT
ssh-522	102	38	to	to	ADP
ssh-522	102	39	-	-	PUNCT
ssh-522	102	40	market	market	NOUN
ssh-522	102	41	ratio	ratio	NOUN
ssh-522	102	42	(	(	PUNCT
ssh-522	102	43	bm	bm	PROPN
ssh-522	102	44	)	)	PUNCT
ssh-522	102	45	are	be	AUX
ssh-522	102	46	significantly	significantly	ADV
ssh-522	102	47	and	and	CCONJ
ssh-522	102	48	positively	positively	ADV
ssh-522	102	49	related	relate	VERB
ssh-522	102	50	to	to	ADP
ssh-522	102	51	future	future	ADJ
ssh-522	102	52	stock	stock	NOUN
ssh-522	102	53	price	price	NOUN
ssh-522	102	54	crash	crash	NOUN
ssh-522	102	55	risk	risk	NOUN
ssh-522	102	56	,	,	PUNCT
ssh-522	102	57	and	and	CCONJ
ssh-522	102	58	monthly	monthly	ADJ
ssh-522	102	59	excess	excess	ADJ
ssh-522	102	60	turnover	turnover	NOUN
ssh-522	102	61	(	(	PUNCT
ssh-522	102	62	turnover	turnover	NOUN
ssh-522	102	63	)	)	PUNCT
ssh-522	102	64	,	,	PUNCT
ssh-522	102	65	return	return	VERB
ssh-522	102	66	on	on	ADP
ssh-522	102	67	assets	asset	NOUN
ssh-522	102	68	(	(	PUNCT
ssh-522	102	69	roa	roa	NOUN
ssh-522	102	70	)	)	PUNCT
ssh-522	102	71	,	,	PUNCT
ssh-522	102	72	and	and	CCONJ
ssh-522	102	73	firm	firm	ADJ
ssh-522	102	74	age	age	NOUN
ssh-522	102	75	(	(	PUNCT
ssh-522	102	76	age	age	NOUN
ssh-522	102	77	)	)	PUNCT
ssh-522	102	78	,	,	PUNCT
ssh-522	102	79	are	be	AUX
ssh-522	102	80	significantly	significantly	ADV
ssh-522	102	81	and	and	CCONJ
ssh-522	102	82	negatively	negatively	ADV
ssh-522	102	83	related	relate	VERB
ssh-522	102	84	to	to	ADP
ssh-522	102	85	future	future	ADJ
ssh-522	102	86	stock	stock	NOUN
ssh-522	102	87	price	price	NOUN
ssh-522	102	88	,	,	PUNCT
ssh-522	102	89	which	which	PRON
ssh-522	102	90	are	be	AUX
ssh-522	102	91	consistent	consistent	ADJ
ssh-522	102	92	with	with	ADP
ssh-522	102	93	existing	exist	VERB
ssh-522	102	94	studies	study	NOUN
ssh-522	102	95	.	.	PUNCT
ssh-522	103	1	thus	thus	ADV
ssh-522	103	2	,	,	PUNCT
ssh-522	103	3	the	the	DET
ssh-522	103	4	hypothesis	hypothesis	NOUN
ssh-522	103	5	is	be	AUX
ssh-522	103	6	validated	validate	VERB
ssh-522	103	7	.	.	PUNCT
ssh-522	104	1	table	table	NOUN
ssh-522	104	2	3	3	NUM
ssh-522	104	3	.	.	PUNCT
ssh-522	105	1	analysis	analysis	NOUN
ssh-522	105	2	of	of	ADP
ssh-522	105	3	regression	regression	NOUN
ssh-522	105	4	results	result	NOUN
ssh-522	105	5	(	(	PUNCT
ssh-522	105	6	1	1	NUM
ssh-522	105	7	)	)	PUNCT
ssh-522	105	8	(	(	PUNCT
ssh-522	105	9	2	2	X
ssh-522	105	10	)	)	PUNCT
ssh-522	105	11	variables	variable	NOUN
ssh-522	105	12	ncskew	ncskew	NOUN
ssh-522	105	13	duvol	duvol	VERB
ssh-522	105	14	ww	ww	PROPN
ssh-522	105	15	-0.0396	-0.0396	PROPN
ssh-522	105	16	*	*	PUNCT
ssh-522	106	1	*	*	PUNCT
ssh-522	106	2	(	(	PUNCT
ssh-522	106	3	0.0178	0.0178	NUM
ssh-522	106	4	)	)	PUNCT
ssh-522	106	5	-0.0263**(0.0123	-0.0263**(0.0123	PROPN
ssh-522	106	6	)	)	PUNCT
ssh-522	106	7	dar	dar	PROPN
ssh-522	106	8	-5.4677*(2.9953	-5.4677*(2.9953	PROPN
ssh-522	106	9	)	)	PUNCT
ssh-522	106	10	-0.4829(2.0684	-0.4829(2.0684	PROPN
ssh-522	106	11	)	)	PUNCT
ssh-522	106	12	age_ln	age_ln	PUNCT
ssh-522	107	1	-0.1783***(0.0464	-0.1783***(0.0464	PRON
ssh-522	107	2	)	)	PUNCT
ssh-522	107	3	-0.1262***(0.0321	-0.1262***(0.0321	PROPN
ssh-522	107	4	)	)	PUNCT
ssh-522	107	5	absacc	absacc	NOUN
ssh-522	107	6	0.1204(0.3294	0.1204(0.3294	NUM
ssh-522	107	7	)	)	PUNCT
ssh-522	107	8	0.0961(0.2275	0.0961(0.2275	NUM
ssh-522	107	9	)	)	PUNCT
ssh-522	107	10	lev	lev	NOUN
ssh-522	107	11	5.2148*(2.9972	5.2148*(2.9972	NUM
ssh-522	107	12	)	)	PUNCT
ssh-522	107	13	0.4572(2.0697	0.4572(2.0697	NOUN
ssh-522	107	14	)	)	PUNCT
ssh-522	107	15	bm	bm	PROPN
ssh-522	107	16	0.0793(0.1091	0.0793(0.1091	PROPN
ssh-522	107	17	)	)	PUNCT
ssh-522	107	18	0.0109(0.0753	0.0109(0.0753	NUM
ssh-522	107	19	)	)	PUNCT
ssh-522	107	20	lnsize	lnsize	NOUN
ssh-522	107	21	2.3557***(0.6161	2.3557***(0.6161	NUM
ssh-522	107	22	)	)	PUNCT
ssh-522	107	23	1.0137**(0.4254	1.0137**(0.4254	NUM
ssh-522	107	24	)	)	PUNCT
ssh-522	107	25	roa	roa	PROPN
ssh-522	107	26	-0.5646***(0.1355	-0.5646***(0.1355	PROPN
ssh-522	107	27	)	)	PUNCT
ssh-522	107	28	-0.1946**(0.0935	-0.1946**(0.0935	NOUN
ssh-522	107	29	)	)	PUNCT
ssh-522	107	30	turnover	turnover	NOUN
ssh-522	107	31	-0.1456***(0.0453	-0.1456***(0.0453	NOUN
ssh-522	107	32	)	)	PUNCT
ssh-522	107	33	-0.1043***(0.0313	-0.1043***(0.0313	NOUN
ssh-522	107	34	)	)	PUNCT
ssh-522	107	35	constant	constant	ADJ
ssh-522	107	36	-6.9441***(1.8298	-6.9441***(1.8298	PUNCT
ssh-522	107	37	)	)	PUNCT
ssh-522	107	38	-2.9364**(1.2636	-2.9364**(1.2636	PROPN
ssh-522	107	39	)	)	PUNCT
ssh-522	107	40	observations	observation	NOUN
ssh-522	107	41	1,197	1,197	NUM
ssh-522	107	42	1,197	1,197	NUM
ssh-522	107	43	r	r	NOUN
ssh-522	107	44	-	-	PUNCT
ssh-522	107	45	squared	square	VERB
ssh-522	107	46	0.043	0.043	NUM
ssh-522	107	47	0.027	0.027	NUM
ssh-522	107	48	standard	standard	ADJ
ssh-522	107	49	errors	error	NOUN
ssh-522	107	50	in	in	ADP
ssh-522	107	51	parentheses	parenthesis	NOUN
ssh-522	107	52	,	,	PUNCT
ssh-522	107	53	*	*	PUNCT
ssh-522	107	54	*	*	PUNCT
ssh-522	107	55	*	*	PUNCT
ssh-522	107	56	p<0.01	p<0.01	PROPN
ssh-522	107	57	,	,	PUNCT
ssh-522	107	58	*	*	PUNCT
ssh-522	107	59	*	*	PUNCT
ssh-522	107	60	p<0.05	p<0.05	NOUN
ssh-522	107	61	,	,	PUNCT
ssh-522	107	62	*	*	PUNCT
ssh-522	107	63	p<0.1	p<0.1	X
ssh-522	107	64	.	.	NOUN
ssh-522	107	65	6	6	NUM
ssh-522	107	66	.	.	X
ssh-522	107	67	conclusions	conclusion	NOUN
ssh-522	107	68	and	and	CCONJ
ssh-522	107	69	recommendations	recommendation	NOUN
ssh-522	107	70	6.1	6.1	NUM
ssh-522	107	71	conclusion	conclusion	NOUN
ssh-522	107	72	this	this	DET
ssh-522	107	73	paper	paper	NOUN
ssh-522	107	74	explores	explore	VERB
ssh-522	107	75	the	the	DET
ssh-522	107	76	relationship	relationship	NOUN
ssh-522	107	77	between	between	ADP
ssh-522	107	78	the	the	DET
ssh-522	107	79	degree	degree	NOUN
ssh-522	107	80	of	of	ADP
ssh-522	107	81	financing	financing	NOUN
ssh-522	107	82	constraint	constraint	NOUN
ssh-522	107	83	and	and	CCONJ
ssh-522	107	84	the	the	DET
ssh-522	107	85	risk	risk	NOUN
ssh-522	107	86	of	of	ADP
ssh-522	107	87	corporate	corporate	ADJ
ssh-522	107	88	share	share	NOUN
ssh-522	107	89	price	price	NOUN
ssh-522	107	90	collapse	collapse	NOUN
ssh-522	107	91	using	use	VERB
ssh-522	107	92	chinese	chinese	ADJ
ssh-522	107	93	a	a	DET
ssh-522	107	94	-	-	PUNCT
ssh-522	107	95	share	share	NOUN
ssh-522	107	96	listed	list	VERB
ssh-522	107	97	companies	company	NOUN
ssh-522	107	98	in	in	ADP
ssh-522	107	99	shanghai	shanghai	PROPN
ssh-522	107	100	and	and	CCONJ
ssh-522	107	101	shenzhen	shenzhen	PROPN
ssh-522	107	102	in	in	ADP
ssh-522	107	103	2018	2018	NUM
ssh-522	107	104	as	as	ADP
ssh-522	107	105	a	a	DET
ssh-522	107	106	research	research	NOUN
ssh-522	107	107	sample	sample	NOUN
ssh-522	107	108	,	,	PUNCT
ssh-522	107	109	and	and	CCONJ
ssh-522	107	110	draws	draw	VERB
ssh-522	107	111	the	the	DET
ssh-522	107	112	following	following	ADJ
ssh-522	107	113	conclusions	conclusion	NOUN
ssh-522	107	114	:	:	PUNCT
ssh-522	107	115	the	the	DET
ssh-522	107	116	degree	degree	NOUN
ssh-522	107	117	of	of	ADP
ssh-522	107	118	financing	financing	NOUN
ssh-522	107	119	constraint	constraint	NOUN
ssh-522	107	120	has	have	VERB
ssh-522	107	121	a	a	DET
ssh-522	107	122	significant	significant	ADJ
ssh-522	107	123	negative	negative	ADJ
ssh-522	107	124	relationship	relationship	NOUN
ssh-522	107	125	with	with	ADP
ssh-522	107	126	the	the	DET
ssh-522	107	127	risk	risk	NOUN
ssh-522	107	128	of	of	ADP
ssh-522	107	129	corporate	corporate	ADJ
ssh-522	107	130	share	share	NOUN
ssh-522	107	131	price	price	NOUN
ssh-522	107	132	collapse	collapse	NOUN
ssh-522	107	133	,	,	PUNCT
ssh-522	107	134	that	that	ADV
ssh-522	107	135	is	is	ADV
ssh-522	107	136	,	,	PUNCT
ssh-522	107	137	the	the	PRON
ssh-522	107	138	higher	high	ADJ
ssh-522	107	139	the	the	DET
ssh-522	107	140	degree	degree	NOUN
ssh-522	107	141	of	of	ADP
ssh-522	107	142	financing	financing	NOUN
ssh-522	107	143	constraint	constraint	NOUN
ssh-522	107	144	,	,	PUNCT
ssh-522	107	145	the	the	PRON
ssh-522	107	146	lower	low	ADJ
ssh-522	107	147	the	the	DET
ssh-522	107	148	risk	risk	NOUN
ssh-522	107	149	of	of	ADP
ssh-522	107	150	share	share	NOUN
ssh-522	107	151	price	price	NOUN
ssh-522	107	152	collapse	collapse	NOUN
ssh-522	107	153	.	.	PUNCT
ssh-522	108	1	this	this	PRON
ssh-522	108	2	is	be	AUX
ssh-522	108	3	mainly	mainly	ADV
ssh-522	108	4	due	due	ADJ
ssh-522	108	5	to	to	ADP
ssh-522	108	6	the	the	DET
ssh-522	108	7	fact	fact	NOUN
ssh-522	108	8	that	that	SCONJ
ssh-522	108	9	firms	firm	NOUN
ssh-522	108	10	with	with	ADP
ssh-522	108	11	higher	high	ADJ
ssh-522	108	12	financing	financing	NOUN
ssh-522	108	13	constraints	constraint	NOUN
ssh-522	108	14	rely	rely	VERB
ssh-522	108	15	more	more	ADV
ssh-522	108	16	on	on	ADP
ssh-522	108	17	internal	internal	ADJ
ssh-522	108	18	funds	fund	NOUN
ssh-522	108	19	,	,	PUNCT
ssh-522	108	20	and	and	CCONJ
ssh-522	108	21	the	the	DET
ssh-522	108	22	limited	limited	ADJ
ssh-522	108	23	internal	internal	ADJ
ssh-522	108	24	funds	fund	NOUN
ssh-522	108	25	make	make	VERB
ssh-522	108	26	the	the	DET
ssh-522	108	27	financing	financing	NOUN
ssh-522	108	28	constraints	constraint	NOUN
ssh-522	108	29	have	have	VERB
ssh-522	108	30	a	a	DET
ssh-522	108	31	dampening	dampening	ADJ
ssh-522	108	32	effect	effect	NOUN
ssh-522	108	33	on	on	ADP
ssh-522	108	34	corporate	corporate	ADJ
ssh-522	108	35	investment	investment	NOUN
ssh-522	108	36	,	,	PUNCT
ssh-522	108	37	which	which	PRON
ssh-522	108	38	can	can	AUX
ssh-522	108	39	,	,	PUNCT
ssh-522	108	40	to	to	ADP
ssh-522	108	41	a	a	DET
ssh-522	108	42	certain	certain	ADJ
ssh-522	108	43	extent	extent	NOUN
ssh-522	108	44	,	,	PUNCT
ssh-522	108	45	avoid	avoid	VERB
ssh-522	108	46	the	the	DET
ssh-522	108	47	business	business	NOUN
ssh-522	108	48	risks	risk	NOUN
ssh-522	108	49	associated	associate	VERB
ssh-522	108	50	with	with	ADP
ssh-522	108	51	over	over	ADP
ssh-522	108	52	-	-	PUNCT
ssh-522	108	53	investment	investment	NOUN
ssh-522	108	54	and	and	CCONJ
ssh-522	108	55	thus	thus	ADV
ssh-522	108	56	reduce	reduce	VERB
ssh-522	108	57	the	the	DET
ssh-522	108	58	risk	risk	NOUN
ssh-522	108	59	of	of	ADP
ssh-522	108	60	stock	stock	NOUN
ssh-522	108	61	price	price	NOUN
ssh-522	108	62	collapse	collapse	NOUN
ssh-522	108	63	.	.	PUNCT
ssh-522	109	1	bcp	bcp	VERB
ssh-522	109	2	social	social	PROPN
ssh-522	109	3	sciences	sciences	PROPN
ssh-522	109	4	&	&	CCONJ
ssh-522	109	5	humanities	humanity	NOUN
ssh-522	109	6	isss	isss	VERB
ssh-522	109	7	2022	2022	NUM
ssh-522	109	8	volume	volume	NOUN
ssh-522	109	9	16	16	NUM
ssh-522	109	10	(	(	PUNCT
ssh-522	109	11	2022	2022	NUM
ssh-522	109	12	)	)	PUNCT
ssh-522	109	13	636	636	NUM
ssh-522	109	14	6.2	6.2	NUM
ssh-522	109	15	suggestions	suggestion	NOUN
ssh-522	109	16	from	from	ADP
ssh-522	109	17	the	the	DET
ssh-522	109	18	research	research	NOUN
ssh-522	109	19	findings	finding	NOUN
ssh-522	109	20	,	,	PUNCT
ssh-522	109	21	this	this	DET
ssh-522	109	22	paper	paper	NOUN
ssh-522	109	23	provides	provide	VERB
ssh-522	109	24	some	some	DET
ssh-522	109	25	suggestions	suggestion	NOUN
ssh-522	109	26	for	for	ADP
ssh-522	109	27	different	different	ADJ
ssh-522	109	28	market	market	NOUN
ssh-522	109	29	players	player	NOUN
ssh-522	109	30	.	.	PUNCT
ssh-522	110	1	from	from	ADP
ssh-522	110	2	the	the	DET
ssh-522	110	3	government	government	NOUN
ssh-522	110	4	's	's	PART
ssh-522	110	5	perspective	perspective	NOUN
ssh-522	110	6	,	,	PUNCT
ssh-522	110	7	financing	financing	NOUN
ssh-522	110	8	constraint	constraint	NOUN
ssh-522	110	9	makes	make	VERB
ssh-522	110	10	the	the	DET
ssh-522	110	11	share	share	NOUN
ssh-522	110	12	price	price	NOUN
ssh-522	110	13	of	of	ADP
ssh-522	110	14	enterprises	enterprise	NOUN
ssh-522	110	15	more	more	ADV
ssh-522	110	16	volatile	volatile	ADJ
ssh-522	110	17	,	,	PUNCT
ssh-522	110	18	thus	thus	ADV
ssh-522	110	19	intensifying	intensify	VERB
ssh-522	110	20	the	the	DET
ssh-522	110	21	market	market	NOUN
ssh-522	110	22	volatility	volatility	NOUN
ssh-522	110	23	.	.	PUNCT
ssh-522	111	1	the	the	DET
ssh-522	111	2	government	government	NOUN
ssh-522	111	3	should	should	AUX
ssh-522	111	4	strengthen	strengthen	VERB
ssh-522	111	5	the	the	DET
ssh-522	111	6	construction	construction	NOUN
ssh-522	111	7	of	of	ADP
ssh-522	111	8	market	market	NOUN
ssh-522	111	9	economic	economic	ADJ
ssh-522	111	10	development	development	NOUN
ssh-522	111	11	,	,	PUNCT
ssh-522	111	12	try	try	VERB
ssh-522	111	13	to	to	PART
ssh-522	111	14	avoid	avoid	VERB
ssh-522	111	15	differentiated	differentiated	ADJ
ssh-522	111	16	financing	financing	NOUN
ssh-522	111	17	policies	policy	NOUN
ssh-522	111	18	for	for	ADP
ssh-522	111	19	listed	list	VERB
ssh-522	111	20	companies	company	NOUN
ssh-522	111	21	,	,	PUNCT
ssh-522	111	22	overcome	overcome	VERB
ssh-522	111	23	the	the	DET
ssh-522	111	24	financing	financing	NOUN
ssh-522	111	25	constraints	constraint	NOUN
ssh-522	111	26	of	of	ADP
ssh-522	111	27	listed	list	VERB
ssh-522	111	28	companies	company	NOUN
ssh-522	111	29	,	,	PUNCT
ssh-522	111	30	and	and	CCONJ
ssh-522	111	31	create	create	VERB
ssh-522	111	32	favorable	favorable	ADJ
ssh-522	111	33	environmental	environmental	ADJ
ssh-522	111	34	conditions	condition	NOUN
ssh-522	111	35	for	for	SCONJ
ssh-522	111	36	listed	list	VERB
ssh-522	111	37	companies	company	NOUN
ssh-522	111	38	to	to	PART
ssh-522	111	39	integrate	integrate	VERB
ssh-522	111	40	the	the	DET
ssh-522	111	41	capital	capital	NOUN
ssh-522	111	42	needed	need	VERB
ssh-522	111	43	for	for	ADP
ssh-522	111	44	investment	investment	NOUN
ssh-522	111	45	;	;	PUNCT
ssh-522	111	46	for	for	ADP
ssh-522	111	47	investors	investor	NOUN
ssh-522	111	48	,	,	PUNCT
ssh-522	111	49	the	the	DET
ssh-522	111	50	financing	financing	NOUN
ssh-522	111	51	constraints	constraint	NOUN
ssh-522	111	52	send	send	VERB
ssh-522	111	53	the	the	DET
ssh-522	111	54	message	message	NOUN
ssh-522	111	55	of	of	ADP
ssh-522	111	56	higher	high	ADJ
ssh-522	111	57	risk	risk	NOUN
ssh-522	111	58	premium	premium	NOUN
ssh-522	111	59	to	to	ADP
ssh-522	111	60	the	the	DET
ssh-522	111	61	outside	outside	ADJ
ssh-522	111	62	world	world	NOUN
ssh-522	111	63	.	.	PUNCT
ssh-522	112	1	the	the	DET
ssh-522	112	2	degree	degree	NOUN
ssh-522	112	3	of	of	ADP
ssh-522	112	4	financing	financing	NOUN
ssh-522	112	5	constraint	constraint	NOUN
ssh-522	112	6	affects	affect	VERB
ssh-522	112	7	the	the	DET
ssh-522	112	8	fluctuation	fluctuation	NOUN
ssh-522	112	9	of	of	ADP
ssh-522	112	10	company	company	NOUN
ssh-522	112	11	value	value	NOUN
ssh-522	112	12	and	and	CCONJ
ssh-522	112	13	share	share	NOUN
ssh-522	112	14	price	price	NOUN
ssh-522	112	15	to	to	ADP
ssh-522	112	16	a	a	DET
ssh-522	112	17	certain	certain	ADJ
ssh-522	112	18	extent	extent	NOUN
ssh-522	112	19	,	,	PUNCT
ssh-522	112	20	especially	especially	ADV
ssh-522	112	21	in	in	ADP
ssh-522	112	22	the	the	DET
ssh-522	112	23	financial	financial	ADJ
ssh-522	112	24	market	market	NOUN
ssh-522	112	25	with	with	ADP
ssh-522	112	26	information	information	NOUN
ssh-522	112	27	asymmetry	asymmetry	NOUN
ssh-522	112	28	,	,	PUNCT
ssh-522	112	29	investors	investor	NOUN
ssh-522	112	30	should	should	AUX
ssh-522	112	31	pay	pay	VERB
ssh-522	112	32	more	more	ADJ
ssh-522	112	33	attention	attention	NOUN
ssh-522	112	34	to	to	ADP
ssh-522	112	35	the	the	DET
ssh-522	112	36	degree	degree	NOUN
ssh-522	112	37	of	of	ADP
ssh-522	112	38	corporate	corporate	ADJ
ssh-522	112	39	financing	financing	NOUN
ssh-522	112	40	constraint	constraint	NOUN
ssh-522	112	41	to	to	PART
ssh-522	112	42	improve	improve	VERB
ssh-522	112	43	investment	investment	NOUN
ssh-522	112	44	efficiency	efficiency	NOUN
ssh-522	112	45	.	.	PUNCT
ssh-522	113	1	for	for	ADP
ssh-522	113	2	listed	list	VERB
ssh-522	113	3	companies	company	NOUN
ssh-522	113	4	,	,	PUNCT
ssh-522	113	5	from	from	ADP
ssh-522	113	6	the	the	DET
ssh-522	113	7	negative	negative	ADJ
ssh-522	113	8	effect	effect	NOUN
ssh-522	113	9	of	of	ADP
ssh-522	113	10	financing	finance	VERB
ssh-522	113	11	constraint	constraint	NOUN
ssh-522	113	12	on	on	ADP
ssh-522	113	13	the	the	DET
ssh-522	113	14	risk	risk	NOUN
ssh-522	113	15	of	of	ADP
ssh-522	113	16	stock	stock	NOUN
ssh-522	113	17	price	price	NOUN
ssh-522	113	18	collapse	collapse	NOUN
ssh-522	113	19	,	,	PUNCT
ssh-522	113	20	listed	list	VERB
ssh-522	113	21	companies	company	NOUN
ssh-522	113	22	should	should	AUX
ssh-522	113	23	pay	pay	VERB
ssh-522	113	24	attention	attention	NOUN
ssh-522	113	25	to	to	ADP
ssh-522	113	26	the	the	DET
ssh-522	113	27	agency	agency	NOUN
ssh-522	113	28	problem	problem	NOUN
ssh-522	113	29	and	and	CCONJ
ssh-522	113	30	strengthen	strengthen	VERB
ssh-522	113	31	the	the	DET
ssh-522	113	32	supervision	supervision	NOUN
ssh-522	113	33	of	of	ADP
ssh-522	113	34	management	management	NOUN
ssh-522	113	35	.	.	PUNCT
ssh-522	114	1	for	for	ADP
ssh-522	114	2	the	the	DET
ssh-522	114	3	enterprises	enterprise	NOUN
ssh-522	114	4	with	with	ADP
ssh-522	114	5	unconstrained	unconstrained	ADJ
ssh-522	114	6	financing	financing	NOUN
ssh-522	114	7	,	,	PUNCT
ssh-522	114	8	it	it	PRON
ssh-522	114	9	is	be	AUX
ssh-522	114	10	easier	easy	ADJ
ssh-522	114	11	to	to	PART
ssh-522	114	12	get	get	VERB
ssh-522	114	13	the	the	DET
ssh-522	114	14	support	support	NOUN
ssh-522	114	15	of	of	ADP
ssh-522	114	16	external	external	ADJ
ssh-522	114	17	funds	fund	NOUN
ssh-522	114	18	,	,	PUNCT
ssh-522	114	19	and	and	CCONJ
ssh-522	114	20	when	when	SCONJ
ssh-522	114	21	there	there	PRON
ssh-522	114	22	are	be	VERB
ssh-522	114	23	a	a	DET
ssh-522	114	24	lot	lot	NOUN
ssh-522	114	25	of	of	ADP
ssh-522	114	26	cash	cash	NOUN
ssh-522	114	27	assets	asset	NOUN
ssh-522	114	28	inside	inside	ADP
ssh-522	114	29	the	the	DET
ssh-522	114	30	enterprises	enterprise	NOUN
ssh-522	114	31	,	,	PUNCT
ssh-522	114	32	the	the	DET
ssh-522	114	33	phenomenon	phenomenon	NOUN
ssh-522	114	34	of	of	ADP
ssh-522	114	35	over	over	ADP
ssh-522	114	36	-	-	PUNCT
ssh-522	114	37	investment	investment	NOUN
ssh-522	114	38	by	by	ADP
ssh-522	114	39	management	management	NOUN
ssh-522	114	40	happens	happen	VERB
ssh-522	114	41	from	from	ADP
ssh-522	114	42	time	time	NOUN
ssh-522	114	43	to	to	ADP
ssh-522	114	44	time	time	NOUN
ssh-522	114	45	,	,	PUNCT
ssh-522	114	46	which	which	PRON
ssh-522	114	47	is	be	AUX
ssh-522	114	48	easy	easy	ADJ
ssh-522	114	49	to	to	PART
ssh-522	114	50	cause	cause	VERB
ssh-522	114	51	the	the	DET
ssh-522	114	52	arbitrariness	arbitrariness	NOUN
ssh-522	114	53	of	of	ADP
ssh-522	114	54	investment	investment	NOUN
ssh-522	114	55	and	and	CCONJ
ssh-522	114	56	increase	increase	VERB
ssh-522	114	57	the	the	DET
ssh-522	114	58	risk	risk	NOUN
ssh-522	114	59	of	of	ADP
ssh-522	114	60	enterprise	enterprise	NOUN
ssh-522	114	61	investment	investment	NOUN
ssh-522	114	62	eventually	eventually	ADV
ssh-522	114	63	affects	affect	VERB
ssh-522	114	64	the	the	DET
ssh-522	114	65	volatility	volatility	NOUN
ssh-522	114	66	of	of	ADP
ssh-522	114	67	enterprise	enterprise	NOUN
ssh-522	114	68	share	share	NOUN
ssh-522	114	69	price	price	NOUN
ssh-522	114	70	.	.	PUNCT
ssh-522	115	1	therefore	therefore	ADV
ssh-522	115	2	,	,	PUNCT
ssh-522	115	3	listed	list	VERB
ssh-522	115	4	companies	company	NOUN
ssh-522	115	5	should	should	AUX
ssh-522	115	6	prevent	prevent	VERB
ssh-522	115	7	and	and	CCONJ
ssh-522	115	8	control	control	VERB
ssh-522	115	9	management	management	NOUN
ssh-522	115	10	's	's	PART
ssh-522	115	11	over	over	NOUN
ssh-522	115	12	-	-	PUNCT
ssh-522	115	13	investment	investment	NOUN
ssh-522	115	14	to	to	PART
ssh-522	115	15	reduce	reduce	VERB
ssh-522	115	16	the	the	DET
ssh-522	115	17	risk	risk	NOUN
ssh-522	115	18	of	of	ADP
ssh-522	115	19	stock	stock	NOUN
ssh-522	115	20	price	price	NOUN
ssh-522	115	21	volatility	volatility	NOUN
ssh-522	115	22	.	.	PUNCT
ssh-522	116	1	references	reference	NOUN
ssh-522	116	2	[	[	X
ssh-522	116	3	1	1	NUM
ssh-522	116	4	]	]	X
ssh-522	116	5	adrian	adrian	PROPN
ssh-522	116	6	t	t	PROPN
ssh-522	116	7	,	,	PUNCT
ssh-522	116	8	rosenberg	rosenberg	PROPN
ssh-522	116	9	j	j	PROPN
ssh-522	116	10	,	,	PUNCT
ssh-522	116	11	j	j	PROPN
ssh-522	116	12	finance	finance	PROPN
ssh-522	116	13	63(6	63(6	PROPN
ssh-522	116	14	):	):	PUNCT
ssh-522	116	15	p.2997	p.2997	NOUN
ssh-522	116	16	-	-	PUNCT
ssh-522	116	17	3030(2008	3030(2008	NOUN
ssh-522	116	18	)	)	PUNCT
ssh-522	116	19	.	.	PUNCT
ssh-522	117	1	[	[	X
ssh-522	117	2	2	2	NUM
ssh-522	117	3	]	]	X
ssh-522	117	4	wang	wang	PROPN
ssh-522	117	5	,	,	PUNCT
ssh-522	117	6	yang	yang	PROPN
ssh-522	117	7	,	,	PUNCT
ssh-522	117	8	zheng	zheng	PROPN
ssh-522	117	9	,	,	PUNCT
ssh-522	117	10	chunyan	chunyan	NOUN
ssh-522	117	11	,	,	PUNCT
ssh-522	117	12	price	price	NOUN
ssh-522	117	13	theory	theory	NOUN
ssh-522	117	14	and	and	CCONJ
ssh-522	117	15	practice,03,57	practice,03,57	NOUN
ssh-522	117	16	-	-	PUNCT
ssh-522	117	17	58(2012	58(2012	NUM
ssh-522	117	18	)	)	PUNCT
ssh-522	117	19	.	.	PUNCT
ssh-522	118	1	[	[	X
ssh-522	118	2	3	3	X
ssh-522	118	3	]	]	X
ssh-522	118	4	ball	ball	NOUN
ssh-522	118	5	r	r	NOUN
ssh-522	118	6	,	,	PUNCT
ssh-522	118	7	brown	brown	ADJ
ssh-522	118	8	p	p	NOUN
ssh-522	118	9	,	,	PUNCT
ssh-522	118	10	journal	journal	NOUN
ssh-522	118	11	of	of	ADP
ssh-522	118	12	accounting	account	VERB
ssh-522	118	13	research,159	research,159	PROPN
ssh-522	118	14	-	-	PUNCT
ssh-522	118	15	178(1968	178(1968	NUM
ssh-522	118	16	)	)	PUNCT
ssh-522	118	17	.	.	PUNCT
ssh-522	119	1	[	[	X
ssh-522	119	2	4	4	X
ssh-522	119	3	]	]	X
ssh-522	119	4	fazzari	fazzari	PROPN
ssh-522	119	5	s	s	PART
ssh-522	119	6	m	m	PROPN
ssh-522	119	7	,	,	PUNCT
ssh-522	120	1	athey	athey	PROPN
ssh-522	120	2	m	m	PROPN
ssh-522	120	3	j	j	PROPN
ssh-522	120	4	,	,	PUNCT
ssh-522	120	5	the	the	DET
ssh-522	120	6	review	review	NOUN
ssh-522	120	7	of	of	ADP
ssh-522	120	8	economics	economic	NOUN
ssh-522	120	9	and	and	CCONJ
ssh-522	120	10	stats	stat	NOUN
ssh-522	120	11	,	,	PUNCT
ssh-522	120	12	69(3),481	69(3),481	NUM
ssh-522	120	13	-	-	PUNCT
ssh-522	120	14	487(1987	487(1987	NUM
ssh-522	120	15	)	)	PUNCT
ssh-522	120	16	.	.	PUNCT
ssh-522	121	1	[	[	X
ssh-522	121	2	5	5	NUM
ssh-522	121	3	]	]	X
ssh-522	121	4	wei	wei	PROPN
ssh-522	121	5	,	,	PUNCT
ssh-522	121	6	c.	c.	PROPN
ssh-522	121	7	h.	h.	PROPN
ssh-522	121	8	,	,	PUNCT
ssh-522	121	9	zeng	zeng	PROPN
ssh-522	121	10	,	,	PUNCT
ssh-522	121	11	a.	a.	NOUN
ssh-522	121	12	m.	m.	NOUN
ssh-522	121	13	,	,	PUNCT
ssh-522	121	14	li	li	PROPN
ssh-522	121	15	,	,	PUNCT
ssh-522	121	16	b.	b.	PROPN
ssh-522	121	17	,	,	PUNCT
ssh-522	121	18	accounting	accounting	NOUN
ssh-522	121	19	research	research	NOUN
ssh-522	121	20	,	,	PUNCT
ssh-522	121	21	05	05	NUM
ssh-522	121	22	,	,	PUNCT
ssh-522	121	23	73	73	NUM
ssh-522	121	24	-	-	SYM
ssh-522	121	25	80	80	NUM
ssh-522	121	26	+	+	NOUN
ssh-522	121	27	95(2014	95(2014	NOUN
ssh-522	121	28	)	)	PUNCT
ssh-522	121	29	.	.	PUNCT
ssh-522	122	1	[	[	X
ssh-522	122	2	6	6	NUM
ssh-522	122	3	]	]	X
ssh-522	122	4	hadlock	hadlock	NOUN
ssh-522	122	5	c	c	PROPN
ssh-522	122	6	j	j	PROPN
ssh-522	122	7	,	,	PUNCT
ssh-522	122	8	pierce	pierce	PROPN
ssh-522	122	9	j	j	PROPN
ssh-522	122	10	r	r	PROPN
ssh-522	122	11	,	,	PUNCT
ssh-522	122	12	review	review	NOUN
ssh-522	122	13	of	of	ADP
ssh-522	122	14	financial	financial	ADJ
ssh-522	122	15	studies	study	NOUN
ssh-522	122	16	,	,	PUNCT
ssh-522	122	17	23(5),1909	23(5),1909	NUM
ssh-522	122	18	-	-	SYM
ssh-522	122	19	1940(2010	1940(2010	NUM
ssh-522	122	20	)	)	PUNCT
ssh-522	122	21	.	.	PUNCT
ssh-522	123	1	[	[	X
ssh-522	123	2	7	7	NUM
ssh-522	123	3	]	]	SYM
ssh-522	123	4	ye	ye	PROPN
ssh-522	123	5	,	,	PUNCT
ssh-522	123	6	kangtao	kangtao	PROPN
ssh-522	123	7	,	,	PUNCT
ssh-522	123	8	zhang	zhang	PROPN
ssh-522	123	9	,	,	PUNCT
ssh-522	123	10	ran	run	VERB
ssh-522	123	11	,	,	PUNCT
ssh-522	123	12	xu	xu	PROPN
ssh-522	123	13	,	,	PUNCT
ssh-522	123	14	haoping	haoping	NOUN
ssh-522	123	15	,	,	PUNCT
ssh-522	123	16	financial	financial	ADJ
ssh-522	123	17	research,08,171	research,08,171	PROPN
ssh-522	123	18	-	-	PUNCT
ssh-522	123	19	183(2010	183(2010	NUM
ssh-522	123	20	)	)	PUNCT
ssh-522	123	21	.	.	PUNCT
ssh-522	124	1	[	[	X
ssh-522	124	2	8	8	NUM
ssh-522	124	3	]	]	PUNCT
ssh-522	124	4	gu	gu	NOUN
ssh-522	124	5	leilei	leilei	PROPN
ssh-522	124	6	,	,	PUNCT
ssh-522	124	7	li	li	PROPN
ssh-522	124	8	jianjun	jianjun	PROPN
ssh-522	124	9	,	,	PUNCT
ssh-522	124	10	peng	peng	PROPN
ssh-522	124	11	yuchao	yuchao	PROPN
ssh-522	124	12	,	,	PUNCT
ssh-522	124	13	economic	economic	ADJ
ssh-522	124	14	theory	theory	NOUN
ssh-522	124	15	and	and	CCONJ
ssh-522	124	16	economic	economic	ADJ
ssh-522	124	17	management	management	NOUN
ssh-522	124	18	,	,	PUNCT
ssh-522	124	19	07,88	07,88	NOUN
ssh-522	124	20	-	-	PUNCT
ssh-522	124	21	99(2018	99(2018	NOUN
ssh-522	124	22	)	)	PUNCT
ssh-522	124	23	.	.	PUNCT
ssh-522	125	1	[	[	X
ssh-522	125	2	9	9	X
ssh-522	125	3	]	]	X
ssh-522	125	4	dhawan	dhawan	PROPN
ssh-522	125	5	r	r	NOUN
ssh-522	125	6	,	,	PUNCT
ssh-522	125	7	journal	journal	NOUN
ssh-522	125	8	of	of	ADP
ssh-522	125	9	economic	economic	ADJ
ssh-522	125	10	behavior	behavior	NOUN
ssh-522	125	11	&	&	CCONJ
ssh-522	125	12	organization	organization	PROPN
ssh-522	125	13	,	,	PUNCT
ssh-522	125	14	44(2001	44(2001	NUM
ssh-522	125	15	)	)	PUNCT
ssh-522	125	16	.	.	PUNCT
ssh-522	126	1	[	[	X
ssh-522	126	2	10	10	NUM
ssh-522	126	3	]	]	SYM
ssh-522	126	4	li	li	PROPN
ssh-522	126	5	,	,	PUNCT
ssh-522	126	6	dongmei	dongmei	PROPN
ssh-522	126	7	,	,	PUNCT
ssh-522	126	8	review	review	NOUN
ssh-522	126	9	of	of	ADP
ssh-522	126	10	financial	financial	ADJ
ssh-522	126	11	studies	study	NOUN
ssh-522	126	12	,	,	PUNCT
ssh-522	126	13	12(34	12(34	NUM
ssh-522	126	14	)	)	PUNCT
ssh-522	126	15	,	,	PUNCT
ssh-522	126	16	29743007(2011	29743007(2011	NUM
ssh-522	126	17	)	)	PUNCT
ssh-522	126	18	.	.	PUNCT
ssh-522	127	1	[	[	X
ssh-522	127	2	11	11	NUM
ssh-522	127	3	]	]	PUNCT
ssh-522	127	4	whited	white	VERB
ssh-522	127	5	,	,	PUNCT
ssh-522	127	6	toni	toni	PROPN
ssh-522	127	7	m.	m.	NOUN
ssh-522	127	8	debt	debt	PROPN
ssh-522	127	9	,	,	PUNCT
ssh-522	127	10	j	j	PROPN
ssh-522	127	11	finance	finance	NOUN
ssh-522	127	12	,	,	PUNCT
ssh-522	127	13	47(4),1425	47(4),1425	NUM
ssh-522	127	14	-	-	SYM
ssh-522	127	15	1460	1460	NUM
ssh-522	127	16	.	.	PUNCT
ssh-522	128	1	[	[	X
ssh-522	128	2	12	12	NUM
ssh-522	128	3	]	]	X
ssh-522	128	4	wu	wu	PROPN
ssh-522	128	5	,	,	PUNCT
ssh-522	128	6	jia	jia	PROPN
ssh-522	128	7	,	,	PUNCT
ssh-522	128	8	xu	xu	PROPN
ssh-522	128	9	,	,	PUNCT
ssh-522	128	10	shu	shu	PROPN
ssh-522	128	11	,	,	PUNCT
ssh-522	128	12	and	and	CCONJ
ssh-522	128	13	shen	shen	PROPN
ssh-522	128	14	,	,	PUNCT
ssh-522	128	15	yu	yu	PROPN
ssh-522	128	16	,	,	PUNCT
ssh-522	128	17	nankai	nankai	ADJ
ssh-522	128	18	economic	economic	ADJ
ssh-522	128	19	research,05,54	research,05,54	PROPN
ssh-522	128	20	-	-	PUNCT
ssh-522	128	21	71(2014	71(2014	NOUN
ssh-522	128	22	)	)	PUNCT
ssh-522	128	23	.	.	PUNCT
ssh-522	129	1	[	[	X
ssh-522	129	2	13	13	NUM
ssh-522	129	3	]	]	X
ssh-522	129	4	wang	wang	PROPN
ssh-522	129	5	jining	jining	PROPN
ssh-522	129	6	,	,	PUNCT
ssh-522	129	7	chen	chen	PROPN
ssh-522	129	8	zhichao	zhichao	PROPN
ssh-522	129	9	,	,	PUNCT
ssh-522	129	10	seeking	seeking	NOUN
ssh-522	129	11	,	,	PUNCT
ssh-522	129	12	09,5	09,5	NOUN
ssh-522	129	13	-	-	PUNCT
ssh-522	129	14	18	18	NUM
ssh-522	129	15	+	+	NOUN
ssh-522	129	16	37(2010	37(2010	NUM
ssh-522	129	17	)	)	PUNCT
ssh-522	129	18	.	.	PUNCT
ssh-522	130	1	[	[	X
ssh-522	130	2	14	14	NUM
ssh-522	130	3	]	]	X
ssh-522	130	4	lian	lian	PROPN
ssh-522	130	5	yujun	yujun	PROPN
ssh-522	130	6	,	,	PUNCT
ssh-522	130	7	peng	peng	PROPN
ssh-522	130	8	fangping	fangping	PROPN
ssh-522	130	9	,	,	PUNCT
ssh-522	130	10	su	su	PROPN
ssh-522	130	11	zhi	zhi	PROPN
ssh-522	130	12	.	.	PUNCT
ssh-522	131	1	financial	financial	PROPN
ssh-522	131	2	research,10,158	research,10,158	PROPN
ssh-522	131	3	-	-	PUNCT
ssh-522	131	4	171(2010	171(2010	NUM
ssh-522	131	5	)	)	PUNCT
ssh-522	131	6	.	.	PUNCT
ssh-522	132	1	[	[	X
ssh-522	132	2	15	15	NUM
ssh-522	132	3	]	]	X
ssh-522	132	4	lian	lian	PROPN
ssh-522	132	5	yujun	yujun	PROPN
ssh-522	132	6	,	,	PUNCT
ssh-522	132	7	cheng	cheng	PROPN
ssh-522	132	8	jian	jian	PROPN
ssh-522	132	9	.	.	PROPN
ssh-522	132	10	financial	financial	ADJ
ssh-522	132	11	research	research	NOUN
ssh-522	132	12	,	,	PUNCT
ssh-522	132	13	02,37	02,37	NOUN
ssh-522	132	14	-	-	PUNCT
ssh-522	132	15	46(2007	46(2007	NUM
ssh-522	132	16	)	)	PUNCT
ssh-522	132	17	.	.	PUNCT