id	sid	tid	token	lemma	pos
cjfa-10415	1	1	copernican	copernican	PROPN
cjfa-10415	1	2	journal	journal	PROPN
cjfa-10415	1	3	of	of	ADP
cjfa-10415	1	4	finance	finance	PROPN
cjfa-10415	1	5	&	&	CCONJ
cjfa-10415	1	6	accounting	accounting	PROPN
cjfa-10415	1	7	e	e	PROPN
cjfa-10415	1	8	-	-	PROPN
cjfa-10415	1	9	issn	issn	PROPN
cjfa-10415	1	10	2300	2300	NUM
cjfa-10415	1	11	-	-	SYM
cjfa-10415	1	12	3065	3065	NUM
cjfa-10415	1	13	p	p	PROPN
cjfa-10415	1	14	-	-	PUNCT
cjfa-10415	1	15	issn	issn	PROPN
cjfa-10415	1	16	2300	2300	NUM
cjfa-10415	1	17	-	-	SYM
cjfa-10415	1	18	12402016	12402016	NUM
cjfa-10415	1	19	,	,	PUNCT
cjfa-10415	1	20	volume	volume	NOUN
cjfa-10415	1	21	5	5	NUM
cjfa-10415	1	22	,	,	PUNCT
cjfa-10415	1	23	issue	issue	NOUN
cjfa-10415	1	24	1	1	NUM
cjfa-10415	1	25	date	date	NOUN
cjfa-10415	1	26	of	of	ADP
cjfa-10415	1	27	submission	submission	NOUN
cjfa-10415	1	28	:	:	PUNCT
cjfa-10415	1	29	february	february	PROPN
cjfa-10415	1	30	11	11	NUM
cjfa-10415	1	31	,	,	PUNCT
cjfa-10415	1	32	2016	2016	NUM
cjfa-10415	1	33	;	;	PUNCT
cjfa-10415	1	34	date	date	NOUN
cjfa-10415	1	35	of	of	ADP
cjfa-10415	1	36	acceptance	acceptance	NOUN
cjfa-10415	1	37	:	:	PUNCT
cjfa-10415	1	38	may	may	AUX
cjfa-10415	1	39	11	11	NUM
cjfa-10415	1	40	,	,	PUNCT
cjfa-10415	1	41	2016	2016	NUM
cjfa-10415	1	42	.	.	PUNCT
cjfa-10415	2	1	*	*	PUNCT
cjfa-10415	2	2	contact	contact	NOUN
cjfa-10415	2	3	information	information	NOUN
cjfa-10415	2	4	:	:	PUNCT
cjfa-10415	3	1	piotr.bolibok@kul.pl	piotr.bolibok@kul.pl	NOUN
cjfa-10415	3	2	,	,	PUNCT
cjfa-10415	3	3	department	department	NOUN
cjfa-10415	3	4	of	of	ADP
cjfa-10415	3	5	banking	banking	NOUN
cjfa-10415	3	6	and	and	CCONJ
cjfa-10415	3	7	finance	finance	NOUN
cjfa-10415	3	8	,	,	PUNCT
cjfa-10415	3	9	the	the	DET
cjfa-10415	3	10	john	john	PROPN
cjfa-10415	3	11	paul	paul	PROPN
cjfa-10415	3	12	ii	ii	PROPN
cjfa-10415	3	13	catholic	catholic	PROPN
cjfa-10415	3	14	university	university	PROPN
cjfa-10415	3	15	of	of	ADP
cjfa-10415	3	16	lublin	lublin	PROPN
cjfa-10415	3	17	,	,	PUNCT
cjfa-10415	3	18	al	al	PROPN
cjfa-10415	3	19	.	.	PROPN
cjfa-10415	3	20	racławickie	racławickie	PROPN
cjfa-10415	3	21	14	14	NUM
cjfa-10415	3	22	,	,	PUNCT
cjfa-10415	3	23	20	20	NUM
cjfa-10415	3	24	-	-	SYM
cjfa-10415	3	25	950	950	NUM
cjfa-10415	3	26	lublin	lublin	PROPN
cjfa-10415	3	27	,	,	PUNCT
cjfa-10415	3	28	poland	poland	PROPN
cjfa-10415	3	29	,	,	PUNCT
cjfa-10415	3	30	phone	phone	NOUN
cjfa-10415	3	31	:	:	PUNCT
cjfa-10415	3	32	+48814453433	+48814453433	NUM
cjfa-10415	3	33	.	.	PUNCT
cjfa-10415	4	1	bolibok	bolibok	PROPN
cjfa-10415	4	2	p.	p.	PROPN
cjfa-10415	4	3	(	(	PUNCT
cjfa-10415	4	4	2016	2016	NUM
cjfa-10415	4	5	)	)	PUNCT
cjfa-10415	4	6	.	.	PUNCT
cjfa-10415	5	1	an	an	DET
cjfa-10415	5	2	empirical	empirical	ADJ
cjfa-10415	5	3	evaluation	evaluation	NOUN
cjfa-10415	5	4	of	of	ADP
cjfa-10415	5	5	selected	select	VERB
cjfa-10415	5	6	accounting	accounting	NOUN
cjfa-10415	5	7	-	-	PUNCT
cjfa-10415	5	8	based	base	VERB
cjfa-10415	5	9	value	value	NOUN
cjfa-10415	5	10	drivers	driver	NOUN
cjfa-10415	5	11	in	in	ADP
cjfa-10415	5	12	the	the	DET
cjfa-10415	5	13	polish	polish	ADJ
cjfa-10415	5	14	banking	banking	NOUN
cjfa-10415	5	15	sector	sector	NOUN
cjfa-10415	5	16	.	.	PUNCT
cjfa-10415	6	1	copernican	copernican	PROPN
cjfa-10415	6	2	journal	journal	PROPN
cjfa-10415	6	3	of	of	ADP
cjfa-10415	6	4	finance	finance	PROPN
cjfa-10415	6	5	&	&	CCONJ
cjfa-10415	6	6	accounting	accounting	PROPN
cjfa-10415	6	7	,	,	PUNCT
cjfa-10415	6	8	5(1	5(1	NUM
cjfa-10415	6	9	)	)	PUNCT
cjfa-10415	6	10	,	,	PUNCT
cjfa-10415	6	11	25–37	25–37	NUM
cjfa-10415	6	12	.	.	PUNCT
cjfa-10415	7	1	http://dx.doi	http://dx.doi	NOUN
cjfa-10415	7	2	.	.	PUNCT
cjfa-10415	8	1	org/10.12775	org/10.12775	PROPN
cjfa-10415	8	2	/	/	SYM
cjfa-10415	8	3	cjfa.2016.002	cjfa.2016.002	PROPN
cjfa-10415	8	4	piotr	piotr	NOUN
cjfa-10415	8	5	bolibok	bolibok	PROPN
cjfa-10415	8	6	*	*	PUNCT
cjfa-10415	8	7	the	the	DET
cjfa-10415	8	8	john	john	PROPN
cjfa-10415	8	9	paul	paul	PROPN
cjfa-10415	8	10	ii	ii	PROPN
cjfa-10415	8	11	catholic	catholic	PROPN
cjfa-10415	8	12	university	university	PROPN
cjfa-10415	8	13	of	of	ADP
cjfa-10415	8	14	lublin	lublin	PROPN
cjfa-10415	8	15	an	an	DET
cjfa-10415	8	16	empirical	empirical	ADJ
cjfa-10415	8	17	evaluation	evaluation	NOUN
cjfa-10415	8	18	of	of	ADP
cjfa-10415	8	19	selected	select	VERB
cjfa-10415	8	20	accounting	accounting	NOUN
cjfa-10415	8	21	-	-	PUNCT
cjfa-10415	8	22	based	base	VERB
cjfa-10415	8	23	value	value	NOUN
cjfa-10415	8	24	drivers	driver	NOUN
cjfa-10415	8	25	in	in	ADP
cjfa-10415	8	26	the	the	DET
cjfa-10415	8	27	polish	polish	ADJ
cjfa-10415	8	28	banking	banking	NOUN
cjfa-10415	8	29	sector	sector	NOUN
cjfa-10415	8	30	keywords	keyword	NOUN
cjfa-10415	8	31	:	:	PUNCT
cjfa-10415	8	32	banks	bank	NOUN
cjfa-10415	8	33	,	,	PUNCT
cjfa-10415	8	34	financial	financial	ADJ
cjfa-10415	8	35	reporting	reporting	NOUN
cjfa-10415	8	36	,	,	PUNCT
cjfa-10415	8	37	market	market	NOUN
cjfa-10415	8	38	value	value	NOUN
cjfa-10415	8	39	.	.	PUNCT
cjfa-10415	9	1	j	j	PROPN
cjfa-10415	9	2	e	e	PROPN
cjfa-10415	9	3	l	l	PROPN
cjfa-10415	9	4	classification	classification	NOUN
cjfa-10415	9	5	:	:	PUNCT
cjfa-10415	9	6	g21	g21	PROPN
cjfa-10415	9	7	,	,	PUNCT
cjfa-10415	9	8	g32	g32	NOUN
cjfa-10415	9	9	,	,	PUNCT
cjfa-10415	9	10	m41	m41	PROPN
cjfa-10415	9	11	.	.	PUNCT
cjfa-10415	10	1	abstract	abstract	PROPN
cjfa-10415	10	2	:	:	PUNCT
cjfa-10415	10	3	the	the	DET
cjfa-10415	10	4	paper	paper	NOUN
cjfa-10415	10	5	aims	aim	VERB
cjfa-10415	10	6	at	at	ADP
cjfa-10415	10	7	empirical	empirical	ADJ
cjfa-10415	10	8	evaluation	evaluation	NOUN
cjfa-10415	10	9	of	of	ADP
cjfa-10415	10	10	selected	select	VERB
cjfa-10415	10	11	accounting	accounting	NOUN
cjfa-10415	10	12	-	-	PUNCT
cjfa-10415	10	13	based	base	VERB
cjfa-10415	10	14	value	value	NOUN
cjfa-10415	10	15	drivers	driver	NOUN
cjfa-10415	10	16	in	in	ADP
cjfa-10415	10	17	the	the	DET
cjfa-10415	10	18	polish	polish	ADJ
cjfa-10415	10	19	banking	banking	NOUN
cjfa-10415	10	20	sector	sector	NOUN
cjfa-10415	10	21	.	.	PUNCT
cjfa-10415	11	1	using	use	VERB
cjfa-10415	11	2	the	the	DET
cjfa-10415	11	3	analyses	analysis	NOUN
cjfa-10415	11	4	of	of	ADP
cjfa-10415	11	5	correlation	correlation	NOUN
cjfa-10415	11	6	and	and	CCONJ
cjfa-10415	11	7	regression	regression	NOUN
cjfa-10415	11	8	,	,	PUNCT
cjfa-10415	11	9	the	the	DET
cjfa-10415	11	10	study	study	NOUN
cjfa-10415	11	11	investigates	investigate	VERB
cjfa-10415	11	12	the	the	DET
cjfa-10415	11	13	associations	association	NOUN
cjfa-10415	11	14	between	between	ADP
cjfa-10415	11	15	banks	bank	NOUN
cjfa-10415	11	16	’	’	PART
cjfa-10415	11	17	charter	charter	NOUN
cjfa-10415	11	18	values	value	NOUN
cjfa-10415	11	19	,	,	PUNCT
cjfa-10415	11	20	proxied	proxie	VERB
cjfa-10415	11	21	by	by	ADP
cjfa-10415	11	22	tobin	tobin	PROPN
cjfa-10415	11	23	’s	’s	PART
cjfa-10415	11	24	q	q	X
cjfa-10415	11	25	,	,	PUNCT
cjfa-10415	11	26	and	and	CCONJ
cjfa-10415	11	27	a	a	DET
cjfa-10415	11	28	set	set	NOUN
cjfa-10415	11	29	of	of	ADP
cjfa-10415	11	30	explanatory	explanatory	ADJ
cjfa-10415	11	31	variables	variable	NOUN
cjfa-10415	11	32	including	include	VERB
cjfa-10415	11	33	size	size	NOUN
cjfa-10415	11	34	,	,	PUNCT
cjfa-10415	11	35	operating	operating	NOUN
cjfa-10415	11	36	efficiency	efficiency	NOUN
cjfa-10415	11	37	,	,	PUNCT
cjfa-10415	11	38	profitability	profitability	NOUN
cjfa-10415	11	39	,	,	PUNCT
cjfa-10415	11	40	net	net	ADJ
cjfa-10415	11	41	cash	cash	NOUN
cjfa-10415	11	42	flow	flow	NOUN
cjfa-10415	11	43	generation	generation	NOUN
cjfa-10415	11	44	capacity	capacity	NOUN
cjfa-10415	11	45	,	,	PUNCT
cjfa-10415	11	46	leverage	leverage	NOUN
cjfa-10415	11	47	,	,	PUNCT
cjfa-10415	11	48	asset	asset	NOUN
cjfa-10415	11	49	liquidity	liquidity	NOUN
cjfa-10415	11	50	,	,	PUNCT
cjfa-10415	11	51	and	and	CCONJ
cjfa-10415	11	52	risk	risk	NOUN
cjfa-10415	11	53	management	management	NOUN
cjfa-10415	11	54	efficiency	efficiency	NOUN
cjfa-10415	11	55	,	,	PUNCT
cjfa-10415	11	56	each	each	PRON
cjfa-10415	11	57	proxied	proxie	VERB
cjfa-10415	11	58	by	by	ADP
cjfa-10415	11	59	a	a	DET
cjfa-10415	11	60	measure	measure	NOUN
cjfa-10415	11	61	based	base	VERB
cjfa-10415	11	62	on	on	ADP
cjfa-10415	11	63	the	the	DET
cjfa-10415	11	64	data	datum	NOUN
cjfa-10415	11	65	available	available	ADJ
cjfa-10415	11	66	in	in	ADP
cjfa-10415	11	67	the	the	DET
cjfa-10415	11	68	annual	annual	ADJ
cjfa-10415	11	69	financial	financial	ADJ
cjfa-10415	11	70	reports	report	NOUN
cjfa-10415	11	71	of	of	ADP
cjfa-10415	11	72	banks	bank	NOUN
cjfa-10415	11	73	.	.	PUNCT
cjfa-10415	12	1	the	the	DET
cjfa-10415	12	2	examined	examine	VERB
cjfa-10415	12	3	sample	sample	NOUN
cjfa-10415	12	4	covered	cover	VERB
cjfa-10415	12	5	all	all	DET
cjfa-10415	12	6	domestically	domestically	ADV
cjfa-10415	12	7	-	-	PUNCT
cjfa-10415	12	8	based	base	VERB
cjfa-10415	12	9	banks	bank	NOUN
cjfa-10415	12	10	listed	list	VERB
cjfa-10415	12	11	on	on	ADP
cjfa-10415	12	12	the	the	DET
cjfa-10415	12	13	warsaw	warsaw	PROPN
cjfa-10415	12	14	stock	stock	PROPN
cjfa-10415	12	15	exchange	exchange	PROPN
cjfa-10415	12	16	over	over	ADP
cjfa-10415	12	17	the	the	DET
cjfa-10415	12	18	period	period	NOUN
cjfa-10415	12	19	1997–2014	1997–2014	NUM
cjfa-10415	12	20	.	.	PUNCT
cjfa-10415	13	1	the	the	DET
cjfa-10415	13	2	empirical	empirical	ADJ
cjfa-10415	13	3	evidence	evidence	NOUN
cjfa-10415	13	4	indicates	indicate	VERB
cjfa-10415	13	5	a	a	DET
cjfa-10415	13	6	statistically	statistically	ADV
cjfa-10415	13	7	significant	significant	ADJ
cjfa-10415	13	8	positive	positive	ADJ
cjfa-10415	13	9	impact	impact	NOUN
cjfa-10415	13	10	of	of	ADP
cjfa-10415	13	11	operating	operating	NOUN
cjfa-10415	13	12	efficiency	efficiency	NOUN
cjfa-10415	13	13	,	,	PUNCT
cjfa-10415	13	14	profitability	profitability	NOUN
cjfa-10415	13	15	and	and	CCONJ
cjfa-10415	13	16	risk	risk	NOUN
cjfa-10415	13	17	management	management	NOUN
cjfa-10415	13	18	efficiency	efficiency	NOUN
cjfa-10415	13	19	on	on	ADP
cjfa-10415	13	20	charter	charter	NOUN
cjfa-10415	13	21	values	value	NOUN
cjfa-10415	13	22	.	.	PUNCT
cjfa-10415	14	1	in	in	ADP
cjfa-10415	14	2	turn	turn	NOUN
cjfa-10415	14	3	,	,	PUNCT
cjfa-10415	14	4	the	the	DET
cjfa-10415	14	5	influence	influence	NOUN
cjfa-10415	14	6	of	of	ADP
cjfa-10415	14	7	size	size	NOUN
cjfa-10415	14	8	and	and	CCONJ
cjfa-10415	14	9	leverage	leverage	NOUN
cjfa-10415	14	10	,	,	PUNCT
cjfa-10415	14	11	although	although	SCONJ
cjfa-10415	14	12	also	also	ADV
cjfa-10415	14	13	positive	positive	ADJ
cjfa-10415	14	14	,	,	PUNCT
cjfa-10415	14	15	appears	appear	VERB
cjfa-10415	14	16	to	to	PART
cjfa-10415	14	17	be	be	AUX
cjfa-10415	14	18	so	so	ADV
cjfa-10415	14	19	weak	weak	ADJ
cjfa-10415	14	20	,	,	PUNCT
cjfa-10415	14	21	that	that	SCONJ
cjfa-10415	14	22	it	it	PRON
cjfa-10415	14	23	becomes	become	VERB
cjfa-10415	14	24	irrelevant	irrelevant	ADJ
cjfa-10415	14	25	when	when	SCONJ
cjfa-10415	14	26	combined	combine	VERB
cjfa-10415	14	27	with	with	ADP
cjfa-10415	14	28	other	other	ADJ
cjfa-10415	14	29	explanatory	explanatory	ADJ
cjfa-10415	14	30	variables	variable	NOUN
cjfa-10415	14	31	.	.	PUNCT
cjfa-10415	15	1	additionally	additionally	ADV
cjfa-10415	15	2	,	,	PUNCT
cjfa-10415	15	3	no	no	DET
cjfa-10415	15	4	statistically	statistically	ADV
cjfa-10415	15	5	significant	significant	ADJ
cjfa-10415	15	6	impact	impact	NOUN
cjfa-10415	15	7	was	be	AUX
cjfa-10415	15	8	found	find	VERB
cjfa-10415	15	9	for	for	ADP
cjfa-10415	15	10	net	net	ADJ
cjfa-10415	15	11	cash	cash	NOUN
cjfa-10415	15	12	flow	flow	NOUN
cjfa-10415	15	13	generation	generation	NOUN
cjfa-10415	15	14	capacity	capacity	NOUN
cjfa-10415	15	15	nor	nor	CCONJ
cjfa-10415	15	16	asset	asset	NOUN
cjfa-10415	15	17	liquidity	liquidity	NOUN
cjfa-10415	15	18	.	.	PUNCT
cjfa-10415	16	1	the	the	DET
cjfa-10415	16	2	above	above	ADJ
cjfa-10415	16	3	findings	finding	NOUN
cjfa-10415	16	4	suggest	suggest	VERB
cjfa-10415	16	5	that	that	SCONJ
cjfa-10415	16	6	equity	equity	NOUN
cjfa-10415	16	7	investors	investor	NOUN
cjfa-10415	16	8	in	in	ADP
cjfa-10415	16	9	the	the	DET
cjfa-10415	16	10	polish	polish	ADJ
cjfa-10415	16	11	banking	banking	NOUN
cjfa-10415	16	12	sector	sector	NOUN
cjfa-10415	16	13	perceive	perceive	NOUN
cjfa-10415	16	14	performance	performance	NOUN
cjfa-10415	16	15	and	and	CCONJ
cjfa-10415	16	16	risk	risk	NOUN
cjfa-10415	16	17	management	management	NOUN
cjfa-10415	16	18	efficiency	efficiency	NOUN
cjfa-10415	16	19	as	as	ADP
cjfa-10415	16	20	the	the	DET
cjfa-10415	16	21	key	key	ADJ
cjfa-10415	16	22	value	value	NOUN
cjfa-10415	16	23	drivers	driver	NOUN
cjfa-10415	16	24	,	,	PUNCT
cjfa-10415	16	25	practically	practically	ADV
cjfa-10415	16	26	neglecting	neglect	VERB
cjfa-10415	16	27	the	the	DET
cjfa-10415	16	28	issues	issue	NOUN
cjfa-10415	16	29	related	relate	VERB
cjfa-10415	16	30	to	to	ADP
cjfa-10415	16	31	banks	bank	NOUN
cjfa-10415	16	32	’	'	PUNCT
cjfa-10415	16	33	financial	financial	ADJ
cjfa-10415	16	34	stability	stability	NOUN
cjfa-10415	16	35	like	like	ADP
cjfa-10415	16	36	the	the	DET
cjfa-10415	16	37	liquidity	liquidity	NOUN
cjfa-10415	16	38	of	of	ADP
cjfa-10415	16	39	assets	asset	NOUN
cjfa-10415	16	40	or	or	CCONJ
cjfa-10415	16	41	degree	degree	NOUN
cjfa-10415	16	42	of	of	ADP
cjfa-10415	16	43	leverage	leverage	NOUN
cjfa-10415	16	44	,	,	PUNCT
cjfa-10415	16	45	thus	thus	ADV
cjfa-10415	16	46	presumably	presumably	ADV
cjfa-10415	16	47	relying	rely	VERB
cjfa-10415	16	48	on	on	ADP
cjfa-10415	16	49	the	the	DET
cjfa-10415	16	50	too	too	ADV
cjfa-10415	16	51	-	-	PUNCT
cjfa-10415	16	52	big	big	ADJ
cjfa-10415	16	53	-	-	PUNCT
cjfa-10415	16	54	to	to	ADP
cjfa-10415	16	55	-	-	PUNCT
cjfa-10415	16	56	fail	fail	VERB
cjfa-10415	16	57	principle	principle	NOUN
cjfa-10415	16	58	.	.	PUNCT
cjfa-10415	17	1	piotr	piotr	PROPN
cjfa-10415	17	2	bolibok26	bolibok26	PROPN
cjfa-10415	17	3	 	 	SPACE
cjfa-10415	17	4	introduction	introduction	NOUN
cjfa-10415	17	5	financial	financial	ADJ
cjfa-10415	17	6	reports	report	NOUN
cjfa-10415	17	7	are	be	AUX
cjfa-10415	17	8	one	one	NUM
cjfa-10415	17	9	of	of	ADP
cjfa-10415	17	10	the	the	DET
cjfa-10415	17	11	key	key	ADJ
cjfa-10415	17	12	sources	source	NOUN
cjfa-10415	17	13	of	of	ADP
cjfa-10415	17	14	information	information	NOUN
cjfa-10415	17	15	used	use	VERB
cjfa-10415	17	16	by	by	ADP
cjfa-10415	17	17	investors	investor	NOUN
cjfa-10415	17	18	in	in	ADP
cjfa-10415	17	19	the	the	DET
cjfa-10415	17	20	developed	develop	VERB
cjfa-10415	17	21	capital	capital	NOUN
cjfa-10415	17	22	markets	market	NOUN
cjfa-10415	17	23	.	.	PUNCT
cjfa-10415	18	1	given	give	VERB
cjfa-10415	18	2	the	the	DET
cjfa-10415	18	3	time	time	NOUN
cjfa-10415	18	4	-	-	PUNCT
cjfa-10415	18	5	consuming	consume	VERB
cjfa-10415	18	6	nature	nature	NOUN
cjfa-10415	18	7	of	of	ADP
cjfa-10415	18	8	recording	record	VERB
cjfa-10415	18	9	the	the	DET
cjfa-10415	18	10	events	event	NOUN
cjfa-10415	18	11	in	in	ADP
cjfa-10415	18	12	the	the	DET
cjfa-10415	18	13	accounting	accounting	NOUN
cjfa-10415	18	14	ledgers	ledger	NOUN
cjfa-10415	18	15	and	and	CCONJ
cjfa-10415	18	16	of	of	ADP
cjfa-10415	18	17	reporting	reporting	NOUN
cjfa-10415	18	18	process	process	NOUN
cjfa-10415	18	19	itself	itself	PRON
cjfa-10415	18	20	,	,	PUNCT
cjfa-10415	18	21	financial	financial	ADJ
cjfa-10415	18	22	statements	statement	NOUN
cjfa-10415	18	23	are	be	AUX
cjfa-10415	18	24	able	able	ADJ
cjfa-10415	18	25	to	to	PART
cjfa-10415	18	26	present	present	VERB
cjfa-10415	18	27	only	only	ADV
cjfa-10415	18	28	a	a	DET
cjfa-10415	18	29	historical	historical	ADJ
cjfa-10415	18	30	view	view	NOUN
cjfa-10415	18	31	of	of	ADP
cjfa-10415	18	32	the	the	DET
cjfa-10415	18	33	company	company	NOUN
cjfa-10415	18	34	.	.	PUNCT
cjfa-10415	19	1	despite	despite	SCONJ
cjfa-10415	19	2	this	this	DET
cjfa-10415	19	3	fact	fact	NOUN
cjfa-10415	19	4	,	,	PUNCT
cjfa-10415	19	5	the	the	DET
cjfa-10415	19	6	informational	informational	ADJ
cjfa-10415	19	7	content	content	NOUN
cjfa-10415	19	8	of	of	ADP
cjfa-10415	19	9	the	the	DET
cjfa-10415	19	10	reports	report	NOUN
cjfa-10415	19	11	is	be	AUX
cjfa-10415	19	12	a	a	DET
cjfa-10415	19	13	foundation	foundation	NOUN
cjfa-10415	19	14	of	of	ADP
cjfa-10415	19	15	all	all	DET
cjfa-10415	19	16	rational	rational	ADJ
cjfa-10415	19	17	investment	investment	NOUN
cjfa-10415	19	18	decisions	decision	NOUN
cjfa-10415	19	19	based	base	VERB
cjfa-10415	19	20	on	on	ADP
cjfa-10415	19	21	corporate	corporate	ADJ
cjfa-10415	19	22	fundamental	fundamental	ADJ
cjfa-10415	19	23	analysis	analysis	NOUN
cjfa-10415	19	24	and	and	CCONJ
cjfa-10415	19	25	various	various	ADJ
cjfa-10415	19	26	security	security	NOUN
cjfa-10415	19	27	valuation	valuation	NOUN
cjfa-10415	19	28	techniques	technique	NOUN
cjfa-10415	19	29	.	.	PUNCT
cjfa-10415	20	1	the	the	DET
cjfa-10415	20	2	impact	impact	NOUN
cjfa-10415	20	3	of	of	ADP
cjfa-10415	20	4	the	the	DET
cjfa-10415	20	5	announced	announce	VERB
cjfa-10415	20	6	accounting	accounting	NOUN
cjfa-10415	20	7	information	information	NOUN
cjfa-10415	20	8	on	on	ADP
cjfa-10415	20	9	the	the	DET
cjfa-10415	20	10	decisions	decision	NOUN
cjfa-10415	20	11	made	make	VERB
cjfa-10415	20	12	by	by	ADP
cjfa-10415	20	13	the	the	DET
cjfa-10415	20	14	investors	investor	NOUN
cjfa-10415	20	15	and	and	CCONJ
cjfa-10415	20	16	the	the	DET
cjfa-10415	20	17	market	market	NOUN
cjfa-10415	20	18	value	value	NOUN
cjfa-10415	20	19	of	of	ADP
cjfa-10415	20	20	listed	list	VERB
cjfa-10415	20	21	companies	company	NOUN
cjfa-10415	20	22	has	have	AUX
cjfa-10415	20	23	been	be	AUX
cjfa-10415	20	24	intensively	intensively	ADV
cjfa-10415	20	25	examined	examine	VERB
cjfa-10415	20	26	in	in	ADP
cjfa-10415	20	27	the	the	DET
cjfa-10415	20	28	relevant	relevant	ADJ
cjfa-10415	20	29	literature	literature	NOUN
cjfa-10415	20	30	.	.	PUNCT
cjfa-10415	21	1	the	the	DET
cjfa-10415	21	2	vast	vast	ADJ
cjfa-10415	21	3	majority	majority	NOUN
cjfa-10415	21	4	of	of	ADP
cjfa-10415	21	5	studies	study	NOUN
cjfa-10415	21	6	in	in	ADP
cjfa-10415	21	7	this	this	DET
cjfa-10415	21	8	area	area	NOUN
cjfa-10415	21	9	focuses	focus	VERB
cjfa-10415	21	10	,	,	PUNCT
cjfa-10415	21	11	however	however	ADV
cjfa-10415	21	12	,	,	PUNCT
cjfa-10415	21	13	on	on	ADP
cjfa-10415	21	14	non	non	ADJ
cjfa-10415	21	15	-	-	ADJ
cjfa-10415	21	16	financial	financial	ADJ
cjfa-10415	21	17	enterprises	enterprise	NOUN
cjfa-10415	21	18	while	while	SCONJ
cjfa-10415	21	19	banks	bank	NOUN
cjfa-10415	21	20	and	and	CCONJ
cjfa-10415	21	21	other	other	ADJ
cjfa-10415	21	22	financial	financial	ADJ
cjfa-10415	21	23	intermediaries	intermediary	NOUN
cjfa-10415	21	24	are	be	AUX
cjfa-10415	21	25	typically	typically	ADV
cjfa-10415	21	26	excluded	exclude	VERB
cjfa-10415	21	27	from	from	ADP
cjfa-10415	21	28	the	the	DET
cjfa-10415	21	29	examined	examine	VERB
cjfa-10415	21	30	samples	sample	NOUN
cjfa-10415	21	31	.	.	PUNCT
cjfa-10415	22	1	meanwhile	meanwhile	ADV
cjfa-10415	22	2	,	,	PUNCT
cjfa-10415	22	3	an	an	DET
cjfa-10415	22	4	ever	ever	ADV
cjfa-10415	22	5	increasing	increase	VERB
cjfa-10415	22	6	role	role	NOUN
cjfa-10415	22	7	of	of	ADP
cjfa-10415	22	8	banks	bank	NOUN
cjfa-10415	22	9	in	in	ADP
cjfa-10415	22	10	the	the	DET
cjfa-10415	22	11	modern	modern	ADJ
cjfa-10415	22	12	economies	economy	NOUN
cjfa-10415	22	13	fully	fully	ADV
cjfa-10415	22	14	justifies	justify	VERB
cjfa-10415	22	15	turning	turn	VERB
cjfa-10415	22	16	some	some	PRON
cjfa-10415	22	17	of	of	ADP
cjfa-10415	22	18	the	the	DET
cjfa-10415	22	19	research	research	NOUN
cjfa-10415	22	20	attention	attention	NOUN
cjfa-10415	22	21	to	to	ADP
cjfa-10415	22	22	the	the	DET
cjfa-10415	22	23	value	value	NOUN
cjfa-10415	22	24	relevance	relevance	NOUN
cjfa-10415	22	25	of	of	ADP
cjfa-10415	22	26	their	their	PRON
cjfa-10415	22	27	accounting	accounting	NOUN
cjfa-10415	22	28	information	information	NOUN
cjfa-10415	22	29	.	.	PUNCT
cjfa-10415	23	1	although	although	SCONJ
cjfa-10415	23	2	there	there	PRON
cjfa-10415	23	3	is	be	VERB
cjfa-10415	23	4	a	a	DET
cjfa-10415	23	5	considerable	considerable	ADJ
cjfa-10415	23	6	amount	amount	NOUN
cjfa-10415	23	7	of	of	ADP
cjfa-10415	23	8	international	international	ADJ
cjfa-10415	23	9	literature	literature	NOUN
cjfa-10415	23	10	exploring	explore	VERB
cjfa-10415	23	11	this	this	DET
cjfa-10415	23	12	issue	issue	NOUN
cjfa-10415	23	13	,	,	PUNCT
cjfa-10415	23	14	the	the	DET
cjfa-10415	23	15	empirical	empirical	ADJ
cjfa-10415	23	16	evidence	evidence	NOUN
cjfa-10415	23	17	in	in	ADP
cjfa-10415	23	18	the	the	DET
cjfa-10415	23	19	specific	specific	ADJ
cjfa-10415	23	20	context	context	NOUN
cjfa-10415	23	21	of	of	ADP
cjfa-10415	23	22	the	the	DET
cjfa-10415	23	23	polish	polish	ADJ
cjfa-10415	23	24	banking	banking	NOUN
cjfa-10415	23	25	sector	sector	NOUN
cjfa-10415	23	26	remains	remain	VERB
cjfa-10415	23	27	quite	quite	ADV
cjfa-10415	23	28	modest	modest	ADJ
cjfa-10415	23	29	.	.	PUNCT
cjfa-10415	24	1	given	give	VERB
cjfa-10415	24	2	the	the	DET
cjfa-10415	24	3	above	above	ADJ
cjfa-10415	24	4	,	,	PUNCT
cjfa-10415	24	5	the	the	DET
cjfa-10415	24	6	present	present	ADJ
cjfa-10415	24	7	study	study	NOUN
cjfa-10415	24	8	aims	aim	VERB
cjfa-10415	24	9	at	at	ADP
cjfa-10415	24	10	empirical	empirical	ADJ
cjfa-10415	24	11	evaluation	evaluation	NOUN
cjfa-10415	24	12	of	of	ADP
cjfa-10415	24	13	the	the	DET
cjfa-10415	24	14	key	key	ADJ
cjfa-10415	24	15	accounting	accounting	NOUN
cjfa-10415	24	16	-	-	PUNCT
cjfa-10415	24	17	based	base	VERB
cjfa-10415	24	18	value	value	NOUN
cjfa-10415	24	19	drivers	driver	NOUN
cjfa-10415	24	20	of	of	ADP
cjfa-10415	24	21	the	the	DET
cjfa-10415	24	22	listed	list	VERB
cjfa-10415	24	23	banks	bank	NOUN
cjfa-10415	24	24	in	in	ADP
cjfa-10415	24	25	poland	poland	PROPN
cjfa-10415	24	26	,	,	PUNCT
cjfa-10415	24	27	including	include	VERB
cjfa-10415	24	28	size	size	NOUN
cjfa-10415	24	29	,	,	PUNCT
cjfa-10415	24	30	operating	operating	NOUN
cjfa-10415	24	31	efficiency	efficiency	NOUN
cjfa-10415	24	32	,	,	PUNCT
cjfa-10415	24	33	profitability	profitability	NOUN
cjfa-10415	24	34	,	,	PUNCT
cjfa-10415	24	35	net	net	ADJ
cjfa-10415	24	36	cash	cash	NOUN
cjfa-10415	24	37	flow	flow	NOUN
cjfa-10415	24	38	generation	generation	NOUN
cjfa-10415	24	39	capacity	capacity	NOUN
cjfa-10415	24	40	,	,	PUNCT
cjfa-10415	24	41	leverage	leverage	NOUN
cjfa-10415	24	42	,	,	PUNCT
cjfa-10415	24	43	asset	asset	NOUN
cjfa-10415	24	44	liquidity	liquidity	NOUN
cjfa-10415	24	45	,	,	PUNCT
cjfa-10415	24	46	and	and	CCONJ
cjfa-10415	24	47	risk	risk	NOUN
cjfa-10415	24	48	management	management	NOUN
cjfa-10415	24	49	efficiency	efficiency	NOUN
cjfa-10415	24	50	.	.	PUNCT
cjfa-10415	25	1	the	the	DET
cjfa-10415	25	2	remainder	remainder	NOUN
cjfa-10415	25	3	of	of	ADP
cjfa-10415	25	4	the	the	DET
cjfa-10415	25	5	paper	paper	NOUN
cjfa-10415	25	6	is	be	AUX
cjfa-10415	25	7	composed	compose	VERB
cjfa-10415	25	8	of	of	ADP
cjfa-10415	25	9	four	four	NUM
cjfa-10415	25	10	sections	section	NOUN
cjfa-10415	25	11	.	.	PUNCT
cjfa-10415	26	1	the	the	DET
cjfa-10415	26	2	first	first	ADJ
cjfa-10415	26	3	one	one	NOUN
cjfa-10415	26	4	provides	provide	VERB
cjfa-10415	26	5	a	a	DET
cjfa-10415	26	6	review	review	NOUN
cjfa-10415	26	7	of	of	ADP
cjfa-10415	26	8	the	the	DET
cjfa-10415	26	9	relevant	relevant	ADJ
cjfa-10415	26	10	international	international	ADJ
cjfa-10415	26	11	and	and	CCONJ
cjfa-10415	26	12	domestic	domestic	ADJ
cjfa-10415	26	13	literature	literature	NOUN
cjfa-10415	26	14	on	on	ADP
cjfa-10415	26	15	the	the	DET
cjfa-10415	26	16	accounting	accounting	NOUN
cjfa-10415	26	17	-	-	PUNCT
cjfa-10415	26	18	based	base	VERB
cjfa-10415	26	19	value	value	NOUN
cjfa-10415	26	20	drivers	driver	NOUN
cjfa-10415	26	21	in	in	ADP
cjfa-10415	26	22	the	the	DET
cjfa-10415	26	23	banking	banking	NOUN
cjfa-10415	26	24	sector	sector	NOUN
cjfa-10415	26	25	.	.	PUNCT
cjfa-10415	27	1	the	the	DET
cjfa-10415	27	2	second	second	ADJ
cjfa-10415	27	3	briefly	briefly	NOUN
cjfa-10415	27	4	characterises	characterise	VERB
cjfa-10415	27	5	the	the	DET
cjfa-10415	27	6	details	detail	NOUN
cjfa-10415	27	7	of	of	ADP
cjfa-10415	27	8	the	the	DET
cjfa-10415	27	9	methodological	methodological	ADJ
cjfa-10415	27	10	framework	framework	NOUN
cjfa-10415	27	11	of	of	ADP
cjfa-10415	27	12	the	the	DET
cjfa-10415	27	13	paper	paper	NOUN
cjfa-10415	27	14	,	,	PUNCT
cjfa-10415	27	15	including	include	VERB
cjfa-10415	27	16	development	development	NOUN
cjfa-10415	27	17	of	of	ADP
cjfa-10415	27	18	the	the	DET
cjfa-10415	27	19	research	research	NOUN
cjfa-10415	27	20	hypothesis	hypothesis	NOUN
cjfa-10415	27	21	and	and	CCONJ
cjfa-10415	27	22	data	datum	NOUN
cjfa-10415	27	23	selection	selection	NOUN
cjfa-10415	27	24	procedures	procedure	NOUN
cjfa-10415	27	25	.	.	PUNCT
cjfa-10415	28	1	the	the	DET
cjfa-10415	28	2	results	result	NOUN
cjfa-10415	28	3	of	of	ADP
cjfa-10415	28	4	conducted	conduct	VERB
cjfa-10415	28	5	empirical	empirical	ADJ
cjfa-10415	28	6	analyses	analysis	NOUN
cjfa-10415	28	7	are	be	AUX
cjfa-10415	28	8	presented	present	VERB
cjfa-10415	28	9	and	and	CCONJ
cjfa-10415	28	10	discussed	discuss	VERB
cjfa-10415	28	11	in	in	ADP
cjfa-10415	28	12	the	the	DET
cjfa-10415	28	13	third	third	ADJ
cjfa-10415	28	14	section	section	NOUN
cjfa-10415	28	15	.	.	PUNCT
cjfa-10415	29	1	the	the	DET
cjfa-10415	29	2	paper	paper	NOUN
cjfa-10415	29	3	is	be	AUX
cjfa-10415	29	4	closed	close	VERB
cjfa-10415	29	5	with	with	ADP
cjfa-10415	29	6	concluding	conclude	VERB
cjfa-10415	29	7	remarks	remark	NOUN
cjfa-10415	29	8	and	and	CCONJ
cjfa-10415	29	9	suggestions	suggestion	NOUN
cjfa-10415	29	10	on	on	ADP
cjfa-10415	29	11	directions	direction	NOUN
cjfa-10415	29	12	of	of	ADP
cjfa-10415	29	13	future	future	ADJ
cjfa-10415	29	14	research	research	NOUN
cjfa-10415	29	15	.	.	PUNCT
cjfa-10415	30	1	the	the	DET
cjfa-10415	30	2	literature	literature	PROPN
cjfa-10415	30	3	review	review	NOUN
cjfa-10415	30	4	given	give	VERB
cjfa-10415	30	5	the	the	DET
cjfa-10415	30	6	specificity	specificity	NOUN
cjfa-10415	30	7	of	of	ADP
cjfa-10415	30	8	banking	banking	NOUN
cjfa-10415	30	9	operations	operation	NOUN
cjfa-10415	30	10	the	the	DET
cjfa-10415	30	11	market	market	NOUN
cjfa-10415	30	12	value	value	NOUN
cjfa-10415	30	13	of	of	ADP
cjfa-10415	30	14	banks	bank	NOUN
cjfa-10415	30	15	should	should	AUX
cjfa-10415	30	16	reflect	reflect	VERB
cjfa-10415	30	17	all	all	DET
cjfa-10415	30	18	major	major	ADJ
cjfa-10415	30	19	aspects	aspect	NOUN
cjfa-10415	30	20	of	of	ADP
cjfa-10415	30	21	their	their	PRON
cjfa-10415	30	22	business	business	NOUN
cjfa-10415	30	23	performance	performance	NOUN
cjfa-10415	30	24	,	,	PUNCT
cjfa-10415	30	25	including	include	VERB
cjfa-10415	30	26	in	in	ADP
cjfa-10415	30	27	particular	particular	ADJ
cjfa-10415	30	28	capital	capital	NOUN
cjfa-10415	30	29	adequacy	adequacy	NOUN
cjfa-10415	30	30	and	and	CCONJ
cjfa-10415	30	31	leverage	leverage	NOUN
cjfa-10415	30	32	,	,	PUNCT
cjfa-10415	30	33	profitability	profitability	NOUN
cjfa-10415	30	34	,	,	PUNCT
cjfa-10415	30	35	liquidity	liquidity	NOUN
cjfa-10415	30	36	of	of	ADP
cjfa-10415	30	37	assets	asset	NOUN
cjfa-10415	30	38	,	,	PUNCT
cjfa-10415	30	39	quality	quality	NOUN
cjfa-10415	30	40	of	of	ADP
cjfa-10415	30	41	an	an	DET
cjfa-10415	30	42	empirical	empirical	ADJ
cjfa-10415	30	43	evaluation	evaluation	NOUN
cjfa-10415	30	44	of	of	ADP
cjfa-10415	30	45	selected	select	VERB
cjfa-10415	30	46	accounting	accounting	NOUN
cjfa-10415	30	47	-	-	PUNCT
cjfa-10415	30	48	based	base	VERB
cjfa-10415	30	49	…	…	PUNCT
cjfa-10415	30	50	27	27	NUM
cjfa-10415	30	51	risk	risk	NOUN
cjfa-10415	30	52	management	management	NOUN
cjfa-10415	30	53	,	,	PUNCT
cjfa-10415	30	54	and	and	CCONJ
cjfa-10415	30	55	financial	financial	ADJ
cjfa-10415	30	56	stability	stability	NOUN
cjfa-10415	30	57	.	.	PUNCT
cjfa-10415	31	1	analyses	analysis	NOUN
cjfa-10415	31	2	of	of	ADP
cjfa-10415	31	3	each	each	PRON
cjfa-10415	31	4	of	of	ADP
cjfa-10415	31	5	these	these	DET
cjfa-10415	31	6	areas	area	NOUN
cjfa-10415	31	7	for	for	ADP
cjfa-10415	31	8	the	the	DET
cjfa-10415	31	9	purposes	purpose	NOUN
cjfa-10415	31	10	of	of	ADP
cjfa-10415	31	11	security	security	NOUN
cjfa-10415	31	12	valuation	valuation	NOUN
cjfa-10415	31	13	are	be	AUX
cjfa-10415	31	14	based	base	VERB
cjfa-10415	31	15	primarily	primarily	ADV
cjfa-10415	31	16	on	on	ADP
cjfa-10415	31	17	the	the	DET
cjfa-10415	31	18	informational	informational	ADJ
cjfa-10415	31	19	content	content	NOUN
cjfa-10415	31	20	of	of	ADP
cjfa-10415	31	21	financial	financial	ADJ
cjfa-10415	31	22	reports	report	NOUN
cjfa-10415	31	23	,	,	PUNCT
cjfa-10415	31	24	thus	thus	ADV
cjfa-10415	31	25	creating	create	VERB
cjfa-10415	31	26	direct	direct	ADJ
cjfa-10415	31	27	links	link	NOUN
cjfa-10415	31	28	between	between	ADP
cjfa-10415	31	29	various	various	ADJ
cjfa-10415	31	30	accounting	accounting	NOUN
cjfa-10415	31	31	data	datum	NOUN
cjfa-10415	31	32	and	and	CCONJ
cjfa-10415	31	33	banks	bank	NOUN
cjfa-10415	31	34	’	'	PUNCT
cjfa-10415	31	35	market	market	NOUN
cjfa-10415	31	36	value	value	NOUN
cjfa-10415	31	37	that	that	PRON
cjfa-10415	31	38	have	have	AUX
cjfa-10415	31	39	been	be	AUX
cjfa-10415	31	40	explored	explore	VERB
cjfa-10415	31	41	in	in	ADP
cjfa-10415	31	42	the	the	DET
cjfa-10415	31	43	relevant	relevant	ADJ
cjfa-10415	31	44	international	international	ADJ
cjfa-10415	31	45	literature	literature	NOUN
cjfa-10415	31	46	for	for	ADP
cjfa-10415	31	47	the	the	DET
cjfa-10415	31	48	last	last	ADJ
cjfa-10415	31	49	several	several	ADJ
cjfa-10415	31	50	decades	decade	NOUN
cjfa-10415	31	51	.	.	PUNCT
cjfa-10415	32	1	the	the	DET
cjfa-10415	32	2	results	result	NOUN
cjfa-10415	32	3	of	of	ADP
cjfa-10415	32	4	the	the	DET
cjfa-10415	32	5	studies	study	NOUN
cjfa-10415	32	6	investigating	investigate	VERB
cjfa-10415	32	7	the	the	DET
cjfa-10415	32	8	impact	impact	NOUN
cjfa-10415	32	9	of	of	ADP
cjfa-10415	32	10	banks	bank	NOUN
cjfa-10415	32	11	’	’	PART
cjfa-10415	32	12	equity	equity	NOUN
cjfa-10415	32	13	capital	capital	NOUN
cjfa-10415	32	14	on	on	ADP
cjfa-10415	32	15	market	market	NOUN
cjfa-10415	32	16	value	value	NOUN
cjfa-10415	32	17	are	be	AUX
cjfa-10415	32	18	ambiguous	ambiguous	ADJ
cjfa-10415	32	19	.	.	PUNCT
cjfa-10415	33	1	according	accord	VERB
cjfa-10415	33	2	to	to	ADP
cjfa-10415	33	3	miller	miller	PROPN
cjfa-10415	33	4	(	(	PUNCT
cjfa-10415	33	5	1995	1995	NUM
cjfa-10415	33	6	)	)	PUNCT
cjfa-10415	33	7	this	this	DET
cjfa-10415	33	8	capital	capital	NOUN
cjfa-10415	33	9	should	should	AUX
cjfa-10415	33	10	be	be	AUX
cjfa-10415	33	11	value	value	NOUN
cjfa-10415	33	12	irrelevant	irrelevant	ADJ
cjfa-10415	33	13	due	due	ADP
cjfa-10415	33	14	to	to	ADP
cjfa-10415	33	15	the	the	DET
cjfa-10415	33	16	modigliani	modigliani	ADJ
cjfa-10415	33	17	-	-	PUNCT
cjfa-10415	33	18	miller	miller	PROPN
cjfa-10415	33	19	leverage	leverage	NOUN
cjfa-10415	33	20	indifference	indifference	NOUN
cjfa-10415	33	21	theorem	theorem	NOUN
cjfa-10415	33	22	(	(	PUNCT
cjfa-10415	33	23	1958	1958	NUM
cjfa-10415	33	24	)	)	PUNCT
cjfa-10415	33	25	.	.	PUNCT
cjfa-10415	34	1	in	in	ADP
cjfa-10415	34	2	turn	turn	NOUN
cjfa-10415	34	3	,	,	PUNCT
cjfa-10415	34	4	the	the	DET
cjfa-10415	34	5	arguments	argument	NOUN
cjfa-10415	34	6	based	base	VERB
cjfa-10415	34	7	on	on	ADP
cjfa-10415	34	8	the	the	DET
cjfa-10415	34	9	agency	agency	NOUN
cjfa-10415	34	10	models	model	NOUN
cjfa-10415	34	11	suggest	suggest	VERB
cjfa-10415	34	12	that	that	SCONJ
cjfa-10415	34	13	debt	debt	NOUN
cjfa-10415	34	14	might	might	AUX
cjfa-10415	34	15	be	be	AUX
cjfa-10415	34	16	preferred	prefer	VERB
cjfa-10415	34	17	by	by	ADP
cjfa-10415	34	18	the	the	DET
cjfa-10415	34	19	equity	equity	NOUN
cjfa-10415	34	20	investors	investor	NOUN
cjfa-10415	34	21	as	as	ADP
cjfa-10415	34	22	a	a	DET
cjfa-10415	34	23	source	source	NOUN
cjfa-10415	34	24	of	of	ADP
cjfa-10415	34	25	funds	fund	NOUN
cjfa-10415	34	26	due	due	ADP
cjfa-10415	34	27	to	to	ADP
cjfa-10415	34	28	the	the	DET
cjfa-10415	34	29	fact	fact	NOUN
cjfa-10415	34	30	that	that	SCONJ
cjfa-10415	34	31	it	it	PRON
cjfa-10415	34	32	puts	put	VERB
cjfa-10415	34	33	hard	hard	ADJ
cjfa-10415	34	34	constraints	constraint	NOUN
cjfa-10415	34	35	on	on	ADP
cjfa-10415	34	36	banks	bank	NOUN
cjfa-10415	34	37	’	'	PUNCT
cjfa-10415	34	38	management	management	NOUN
cjfa-10415	34	39	(	(	PUNCT
cjfa-10415	34	40	see	see	VERB
cjfa-10415	34	41	e.g.	e.g.	ADV
cjfa-10415	34	42	hart	hart	PROPN
cjfa-10415	34	43	and	and	CCONJ
cjfa-10415	34	44	moore	moore	PROPN
cjfa-10415	34	45	1995	1995	NUM
cjfa-10415	34	46	)	)	PUNCT
cjfa-10415	34	47	while	while	SCONJ
cjfa-10415	34	48	equity	equity	NOUN
cjfa-10415	34	49	provides	provide	VERB
cjfa-10415	34	50	a	a	DET
cjfa-10415	34	51	protective	protective	ADJ
cjfa-10415	34	52	cushion	cushion	NOUN
cjfa-10415	34	53	against	against	ADP
cjfa-10415	34	54	erroneous	erroneous	ADJ
cjfa-10415	34	55	business	business	NOUN
cjfa-10415	34	56	decisions	decision	NOUN
cjfa-10415	34	57	.	.	PUNCT
cjfa-10415	35	1	another	another	DET
cjfa-10415	35	2	reason	reason	NOUN
cjfa-10415	35	3	for	for	ADP
cjfa-10415	35	4	a	a	DET
cjfa-10415	35	5	negative	negative	ADJ
cjfa-10415	35	6	relationship	relationship	NOUN
cjfa-10415	35	7	between	between	ADP
cjfa-10415	35	8	equity	equity	NOUN
cjfa-10415	35	9	capital	capital	NOUN
cjfa-10415	35	10	and	and	CCONJ
cjfa-10415	35	11	value	value	NOUN
cjfa-10415	35	12	is	be	AUX
cjfa-10415	35	13	the	the	DET
cjfa-10415	35	14	fact	fact	NOUN
cjfa-10415	35	15	that	that	SCONJ
cjfa-10415	35	16	holding	hold	VERB
cjfa-10415	35	17	equity	equity	NOUN
cjfa-10415	35	18	due	due	ADP
cjfa-10415	35	19	to	to	ADP
cjfa-10415	35	20	regulatory	regulatory	ADJ
cjfa-10415	35	21	capital	capital	NOUN
cjfa-10415	35	22	requirements	requirement	NOUN
cjfa-10415	35	23	imposes	impose	VERB
cjfa-10415	35	24	a	a	DET
cjfa-10415	35	25	value	value	NOUN
cjfa-10415	35	26	-	-	PUNCT
cjfa-10415	35	27	relevant	relevant	ADJ
cjfa-10415	35	28	cost	cost	NOUN
cjfa-10415	35	29	on	on	ADP
cjfa-10415	35	30	banks	bank	NOUN
cjfa-10415	35	31	(	(	PUNCT
cjfa-10415	35	32	see	see	VERB
cjfa-10415	35	33	e.g.	e.g.	ADV
cjfa-10415	35	34	allen	allen	PROPN
cjfa-10415	35	35	,	,	PUNCT
cjfa-10415	35	36	carletti	carletti	PROPN
cjfa-10415	35	37	,	,	PUNCT
cjfa-10415	35	38	marquez	marquez	PROPN
cjfa-10415	35	39	2011	2011	NUM
cjfa-10415	35	40	)	)	PUNCT
cjfa-10415	35	41	.	.	PUNCT
cjfa-10415	36	1	contrary	contrary	ADJ
cjfa-10415	36	2	to	to	ADP
cjfa-10415	36	3	these	these	DET
cjfa-10415	36	4	viewpoints	viewpoint	NOUN
cjfa-10415	36	5	,	,	PUNCT
cjfa-10415	36	6	however	however	ADV
cjfa-10415	36	7	,	,	PUNCT
cjfa-10415	36	8	mehran	mehran	PROPN
cjfa-10415	36	9	and	and	CCONJ
cjfa-10415	36	10	thakor	thakor	PROPN
cjfa-10415	36	11	(	(	PUNCT
cjfa-10415	36	12	2011	2011	NUM
cjfa-10415	36	13	)	)	PUNCT
cjfa-10415	36	14	found	find	VERB
cjfa-10415	36	15	that	that	SCONJ
cjfa-10415	36	16	in	in	ADP
cjfa-10415	36	17	the	the	DET
cjfa-10415	36	18	context	context	NOUN
cjfa-10415	36	19	of	of	ADP
cjfa-10415	36	20	acquisitions	acquisition	NOUN
cjfa-10415	36	21	bank	bank	NOUN
cjfa-10415	36	22	value	value	NOUN
cjfa-10415	36	23	is	be	AUX
cjfa-10415	36	24	positively	positively	ADV
cjfa-10415	36	25	correlated	correlate	VERB
cjfa-10415	36	26	with	with	ADP
cjfa-10415	36	27	bank	bank	NOUN
cjfa-10415	36	28	capital	capital	NOUN
cjfa-10415	36	29	.	.	PUNCT
cjfa-10415	37	1	several	several	ADJ
cjfa-10415	37	2	studies	study	NOUN
cjfa-10415	37	3	investigated	investigate	VERB
cjfa-10415	37	4	the	the	DET
cjfa-10415	37	5	value	value	NOUN
cjfa-10415	37	6	relevance	relevance	NOUN
cjfa-10415	37	7	of	of	ADP
cjfa-10415	37	8	book	book	NOUN
cjfa-10415	37	9	values	value	NOUN
cjfa-10415	37	10	of	of	ADP
cjfa-10415	37	11	equity	equity	NOUN
cjfa-10415	37	12	and	and	CCONJ
cjfa-10415	37	13	earnings	earning	NOUN
cjfa-10415	37	14	in	in	ADP
cjfa-10415	37	15	the	the	DET
cjfa-10415	37	16	banking	banking	NOUN
cjfa-10415	37	17	sector	sector	NOUN
cjfa-10415	37	18	.	.	PUNCT
cjfa-10415	38	1	both	both	PRON
cjfa-10415	38	2	international	international	ADJ
cjfa-10415	38	3	(	(	PUNCT
cjfa-10415	38	4	e.g.	e.g.	ADV
cjfa-10415	38	5	abuzayed	abuzaye	VERB
cjfa-10415	38	6	,	,	PUNCT
cjfa-10415	38	7	molyneux	molyneux	PROPN
cjfa-10415	38	8	,	,	PUNCT
cjfa-10415	38	9	al	al	PROPN
cjfa-10415	38	10	-	-	PROPN
cjfa-10415	38	11	fayoumi	fayoumi	PROPN
cjfa-10415	38	12	2009	2009	NUM
cjfa-10415	38	13	;	;	PUNCT
cjfa-10415	38	14	agostino	agostino	PROPN
cjfa-10415	38	15	,	,	PUNCT
cjfa-10415	38	16	drago	drago	PROPN
cjfa-10415	38	17	,	,	PUNCT
cjfa-10415	38	18	silipo	silipo	VERB
cjfa-10415	38	19	2011	2011	NUM
cjfa-10415	38	20	;	;	PUNCT
cjfa-10415	38	21	anandarajan	anandarajan	PROPN
cjfa-10415	38	22	,	,	PUNCT
cjfa-10415	38	23	francis	francis	PROPN
cjfa-10415	38	24	,	,	PUNCT
cjfa-10415	38	25	hasan	hasan	PROPN
cjfa-10415	38	26	,	,	PUNCT
cjfa-10415	38	27	john	john	PROPN
cjfa-10415	38	28	2011	2011	NUM
cjfa-10415	38	29	)	)	PUNCT
cjfa-10415	38	30	and	and	CCONJ
cjfa-10415	38	31	domestic	domestic	ADJ
cjfa-10415	38	32	(	(	PUNCT
cjfa-10415	38	33	bolibok	bolibok	NOUN
cjfa-10415	38	34	2014	2014	NUM
cjfa-10415	38	35	)	)	PUNCT
cjfa-10415	38	36	evidence	evidence	NOUN
cjfa-10415	38	37	indicates	indicate	VERB
cjfa-10415	38	38	that	that	SCONJ
cjfa-10415	38	39	book	book	NOUN
cjfa-10415	38	40	values	value	NOUN
cjfa-10415	38	41	and	and	CCONJ
cjfa-10415	38	42	earnings	earning	NOUN
cjfa-10415	38	43	are	be	AUX
cjfa-10415	38	44	significantly	significantly	ADV
cjfa-10415	38	45	,	,	PUNCT
cjfa-10415	38	46	and	and	CCONJ
cjfa-10415	38	47	positively	positively	ADV
cjfa-10415	38	48	,	,	PUNCT
cjfa-10415	38	49	related	relate	VERB
cjfa-10415	38	50	to	to	ADP
cjfa-10415	38	51	banks	bank	NOUN
cjfa-10415	38	52	’	’	PART
cjfa-10415	38	53	market	market	NOUN
cjfa-10415	38	54	values	value	NOUN
cjfa-10415	38	55	.	.	PUNCT
cjfa-10415	39	1	another	another	DET
cjfa-10415	39	2	strand	strand	NOUN
cjfa-10415	39	3	of	of	ADP
cjfa-10415	39	4	literature	literature	NOUN
cjfa-10415	39	5	examines	examine	VERB
cjfa-10415	39	6	the	the	DET
cjfa-10415	39	7	impact	impact	NOUN
cjfa-10415	39	8	of	of	ADP
cjfa-10415	39	9	various	various	ADJ
cjfa-10415	39	10	bank	bank	NOUN
cjfa-10415	39	11	-	-	PUNCT
cjfa-10415	39	12	specific	specific	ADJ
cjfa-10415	39	13	accounting	accounting	NOUN
cjfa-10415	39	14	items	item	NOUN
cjfa-10415	39	15	on	on	ADP
cjfa-10415	39	16	banks	bank	NOUN
cjfa-10415	39	17	’	’	PART
cjfa-10415	39	18	charter	charter	NOUN
cjfa-10415	39	19	values	value	NOUN
cjfa-10415	39	20	,	,	PUNCT
cjfa-10415	39	21	i.e.	i.e.	X
cjfa-10415	39	22	the	the	DET
cjfa-10415	39	23	present	present	ADJ
cjfa-10415	39	24	value	value	NOUN
cjfa-10415	39	25	of	of	ADP
cjfa-10415	39	26	future	future	ADJ
cjfa-10415	39	27	rents	rent	NOUN
cjfa-10415	39	28	or	or	CCONJ
cjfa-10415	39	29	the	the	DET
cjfa-10415	39	30	value	value	NOUN
cjfa-10415	39	31	of	of	ADP
cjfa-10415	39	32	bank	bank	NOUN
cjfa-10415	39	33	’s	’s	PART
cjfa-10415	39	34	ability	ability	NOUN
cjfa-10415	39	35	to	to	PART
cjfa-10415	39	36	continue	continue	VERB
cjfa-10415	39	37	its	its	PRON
cjfa-10415	39	38	operations	operation	NOUN
cjfa-10415	39	39	(	(	PUNCT
cjfa-10415	39	40	usually	usually	ADV
cjfa-10415	39	41	proxied	proxie	VERB
cjfa-10415	39	42	by	by	ADP
cjfa-10415	39	43	tobin	tobin	PROPN
cjfa-10415	39	44	’s	’s	PART
cjfa-10415	39	45	q	q	NOUN
cjfa-10415	39	46	)	)	PUNCT
cjfa-10415	39	47	.	.	PUNCT
cjfa-10415	40	1	the	the	DET
cjfa-10415	40	2	findings	finding	NOUN
cjfa-10415	40	3	of	of	ADP
cjfa-10415	40	4	de	de	X
cjfa-10415	40	5	nicoló	nicoló	PROPN
cjfa-10415	40	6	(	(	PUNCT
cjfa-10415	40	7	2000	2000	NUM
cjfa-10415	40	8	)	)	PUNCT
cjfa-10415	40	9	indicate	indicate	VERB
cjfa-10415	40	10	that	that	SCONJ
cjfa-10415	40	11	although	although	SCONJ
cjfa-10415	40	12	size	size	NOUN
cjfa-10415	40	13	of	of	ADP
cjfa-10415	40	14	banks	bank	NOUN
cjfa-10415	40	15	is	be	AUX
cjfa-10415	40	16	generally	generally	ADV
cjfa-10415	40	17	negatively	negatively	ADV
cjfa-10415	40	18	influencing	influence	VERB
cjfa-10415	40	19	their	their	PRON
cjfa-10415	40	20	charter	charter	NOUN
cjfa-10415	40	21	values	value	NOUN
cjfa-10415	40	22	,	,	PUNCT
cjfa-10415	40	23	in	in	ADP
cjfa-10415	40	24	the	the	DET
cjfa-10415	40	25	case	case	NOUN
cjfa-10415	40	26	of	of	ADP
cjfa-10415	40	27	small	small	ADJ
cjfa-10415	40	28	banks	bank	NOUN
cjfa-10415	40	29	this	this	DET
cjfa-10415	40	30	relationship	relationship	NOUN
cjfa-10415	40	31	becomes	become	VERB
cjfa-10415	40	32	inversed	inverse	VERB
cjfa-10415	40	33	.	.	PUNCT
cjfa-10415	41	1	in	in	ADP
cjfa-10415	41	2	turn	turn	NOUN
cjfa-10415	41	3	,	,	PUNCT
cjfa-10415	41	4	gosh	gosh	INTJ
cjfa-10415	41	5	(	(	PUNCT
cjfa-10415	41	6	2009	2009	NUM
cjfa-10415	41	7	)	)	PUNCT
cjfa-10415	41	8	demonstrates	demonstrate	VERB
cjfa-10415	41	9	that	that	SCONJ
cjfa-10415	41	10	bank	bank	NOUN
cjfa-10415	41	11	value	value	NOUN
cjfa-10415	41	12	is	be	AUX
cjfa-10415	41	13	determined	determine	VERB
cjfa-10415	41	14	not	not	PART
cjfa-10415	41	15	only	only	ADV
cjfa-10415	41	16	by	by	ADP
cjfa-10415	41	17	the	the	DET
cjfa-10415	41	18	size	size	NOUN
cjfa-10415	41	19	but	but	CCONJ
cjfa-10415	41	20	also	also	ADV
cjfa-10415	41	21	by	by	ADP
cjfa-10415	41	22	operating	operate	VERB
cjfa-10415	41	23	efficiency	efficiency	NOUN
cjfa-10415	41	24	as	as	SCONJ
cjfa-10415	41	25	he	he	PRON
cjfa-10415	41	26	finds	find	VERB
cjfa-10415	41	27	significant	significant	ADJ
cjfa-10415	41	28	negative	negative	ADJ
cjfa-10415	41	29	association	association	NOUN
cjfa-10415	41	30	between	between	ADP
cjfa-10415	41	31	banks	bank	NOUN
cjfa-10415	41	32	’	’	PART
cjfa-10415	41	33	charter	charter	NOUN
cjfa-10415	41	34	values	value	NOUN
cjfa-10415	41	35	and	and	CCONJ
cjfa-10415	41	36	both	both	DET
cjfa-10415	41	37	natural	natural	ADJ
cjfa-10415	41	38	logarithm	logarithm	NOUN
cjfa-10415	41	39	of	of	ADP
cjfa-10415	41	40	total	total	ADJ
cjfa-10415	41	41	assets	asset	NOUN
cjfa-10415	41	42	and	and	CCONJ
cjfa-10415	41	43	c	c	X
cjfa-10415	41	44	/	/	SYM
cjfa-10415	41	45	i	i	PRON
cjfa-10415	41	46	ratio	ratio	NOUN
cjfa-10415	41	47	.	.	PUNCT
cjfa-10415	42	1	fortin	fortin	PROPN
cjfa-10415	42	2	,	,	PUNCT
cjfa-10415	42	3	goldberd	goldberd	NOUN
cjfa-10415	42	4	and	and	CCONJ
cjfa-10415	42	5	roth	roth	PROPN
cjfa-10415	42	6	(	(	PUNCT
cjfa-10415	42	7	2011	2011	NUM
cjfa-10415	42	8	)	)	PUNCT
cjfa-10415	42	9	come	come	VERB
cjfa-10415	42	10	to	to	ADP
cjfa-10415	42	11	similar	similar	ADJ
cjfa-10415	42	12	conclusions	conclusion	NOUN
cjfa-10415	42	13	,	,	PUNCT
cjfa-10415	42	14	finding	find	VERB
cjfa-10415	42	15	a	a	DET
cjfa-10415	42	16	negative	negative	ADJ
cjfa-10415	42	17	relationship	relationship	NOUN
cjfa-10415	42	18	between	between	ADP
cjfa-10415	42	19	banks	bank	NOUN
cjfa-10415	42	20	’	’	PART
cjfa-10415	42	21	price	price	NOUN
cjfa-10415	42	22	-	-	PUNCT
cjfa-10415	42	23	to	to	ADP
cjfa-10415	42	24	-	-	PUNCT
cjfa-10415	42	25	book	book	NOUN
cjfa-10415	42	26	ratios	ratio	NOUN
cjfa-10415	42	27	(	(	PUNCT
cjfa-10415	42	28	another	another	DET
cjfa-10415	42	29	proxy	proxy	NOUN
cjfa-10415	42	30	of	of	ADP
cjfa-10415	42	31	banks	bank	NOUN
cjfa-10415	42	32	’	’	PART
cjfa-10415	42	33	charter	charter	NOUN
cjfa-10415	42	34	value	value	NOUN
cjfa-10415	42	35	)	)	PUNCT
cjfa-10415	42	36	and	and	CCONJ
cjfa-10415	42	37	size	size	NOUN
cjfa-10415	42	38	.	.	PUNCT
cjfa-10415	43	1	their	their	PRON
cjfa-10415	43	2	results	result	NOUN
cjfa-10415	43	3	indicate	indicate	VERB
cjfa-10415	43	4	a	a	DET
cjfa-10415	43	5	positive	positive	ADJ
cjfa-10415	43	6	impact	impact	NOUN
cjfa-10415	43	7	of	of	ADP
cjfa-10415	43	8	roe	roe	NOUN
cjfa-10415	43	9	on	on	ADP
cjfa-10415	43	10	charter	charter	NOUN
cjfa-10415	43	11	values	value	NOUN
cjfa-10415	43	12	,	,	PUNCT
cjfa-10415	43	13	however	however	ADV
cjfa-10415	43	14	,	,	PUNCT
cjfa-10415	43	15	it	it	PRON
cjfa-10415	43	16	was	be	AUX
cjfa-10415	43	17	statistically	statistically	ADV
cjfa-10415	43	18	significant	significant	ADJ
cjfa-10415	43	19	only	only	ADV
cjfa-10415	43	20	in	in	ADP
cjfa-10415	43	21	the	the	DET
cjfa-10415	43	22	period	period	NOUN
cjfa-10415	43	23	preceding	precede	VERB
cjfa-10415	43	24	the	the	DET
cjfa-10415	43	25	global	global	ADJ
cjfa-10415	43	26	ecopiotr	ecopiotr	PROPN
cjfa-10415	43	27	bolibok28	bolibok28	PROPN
cjfa-10415	43	28	nomic	nomic	NOUN
cjfa-10415	43	29	crisis	crisis	NOUN
cjfa-10415	43	30	.	.	PUNCT
cjfa-10415	44	1	in	in	ADP
cjfa-10415	44	2	turn	turn	NOUN
cjfa-10415	44	3	,	,	PUNCT
cjfa-10415	44	4	equity	equity	NOUN
cjfa-10415	44	5	capitalization	capitalization	NOUN
cjfa-10415	44	6	(	(	PUNCT
cjfa-10415	44	7	equity	equity	NOUN
cjfa-10415	44	8	to	to	ADP
cjfa-10415	44	9	total	total	ADJ
cjfa-10415	44	10	assets	asset	NOUN
cjfa-10415	44	11	)	)	PUNCT
cjfa-10415	44	12	seems	seem	VERB
cjfa-10415	44	13	to	to	PART
cjfa-10415	44	14	be	be	AUX
cjfa-10415	44	15	negatively	negatively	ADV
cjfa-10415	44	16	related	relate	VERB
cjfa-10415	44	17	to	to	ADP
cjfa-10415	44	18	p	p	PROPN
cjfa-10415	44	19	/	/	SYM
cjfa-10415	44	20	bv	bv	PROPN
cjfa-10415	44	21	in	in	ADP
cjfa-10415	44	22	both	both	CCONJ
cjfa-10415	44	23	the	the	DET
cjfa-10415	44	24	pre	pre	NOUN
cjfa-10415	44	25	-	-	NOUN
cjfa-10415	44	26	crisis	crisis	NOUN
cjfa-10415	44	27	and	and	CCONJ
cjfa-10415	44	28	crisis	crisis	NOUN
cjfa-10415	44	29	periods	period	NOUN
cjfa-10415	44	30	.	.	PUNCT
cjfa-10415	45	1	the	the	DET
cjfa-10415	45	2	results	result	NOUN
cjfa-10415	45	3	of	of	ADP
cjfa-10415	45	4	a	a	DET
cjfa-10415	45	5	study	study	NOUN
cjfa-10415	45	6	by	by	ADP
cjfa-10415	45	7	jordan	jordan	PROPN
cjfa-10415	45	8	,	,	PUNCT
cjfa-10415	45	9	rice	rice	PROPN
cjfa-10415	45	10	,	,	PUNCT
cjfa-10415	45	11	sanchez	sanchez	NOUN
cjfa-10415	45	12	and	and	CCONJ
cjfa-10415	45	13	wort	wort	NOUN
cjfa-10415	45	14	(	(	PUNCT
cjfa-10415	45	15	2011	2011	NUM
cjfa-10415	45	16	)	)	PUNCT
cjfa-10415	45	17	suggest	suggest	VERB
cjfa-10415	45	18	that	that	SCONJ
cjfa-10415	45	19	market	market	NOUN
cjfa-10415	45	20	-	-	PUNCT
cjfa-10415	45	21	to	to	ADP
cjfa-10415	45	22	-	-	PUNCT
cjfa-10415	45	23	book	book	NOUN
cjfa-10415	45	24	ratios	ratio	NOUN
cjfa-10415	45	25	of	of	ADP
cjfa-10415	45	26	banks	bank	NOUN
cjfa-10415	45	27	are	be	AUX
cjfa-10415	45	28	positively	positively	ADV
cjfa-10415	45	29	associated	associate	VERB
cjfa-10415	45	30	with	with	ADP
cjfa-10415	45	31	x	x	NOUN
cjfa-10415	45	32	-	-	NOUN
cjfa-10415	45	33	efficiency	efficiency	NOUN
cjfa-10415	45	34	(	(	PUNCT
cjfa-10415	45	35	lower	low	ADJ
cjfa-10415	45	36	relative	relative	ADJ
cjfa-10415	45	37	costs	cost	NOUN
cjfa-10415	45	38	)	)	PUNCT
cjfa-10415	45	39	,	,	PUNCT
cjfa-10415	45	40	net	net	ADJ
cjfa-10415	45	41	interest	interest	NOUN
cjfa-10415	45	42	margins	margin	NOUN
cjfa-10415	45	43	,	,	PUNCT
cjfa-10415	45	44	non	non	ADJ
cjfa-10415	45	45	-	-	ADJ
cjfa-10415	45	46	interest	interest	ADJ
cjfa-10415	45	47	income	income	NOUN
cjfa-10415	45	48	,	,	PUNCT
cjfa-10415	45	49	and	and	CCONJ
cjfa-10415	45	50	capital	capital	NOUN
cjfa-10415	45	51	ratios	ratio	NOUN
cjfa-10415	45	52	while	while	SCONJ
cjfa-10415	45	53	controlling	control	VERB
cjfa-10415	45	54	for	for	ADP
cjfa-10415	45	55	size	size	NOUN
cjfa-10415	45	56	and	and	CCONJ
cjfa-10415	45	57	other	other	ADJ
cjfa-10415	45	58	bank	bank	NOUN
cjfa-10415	45	59	attributes	attribute	NOUN
cjfa-10415	45	60	.	.	PUNCT
cjfa-10415	46	1	also	also	ADV
cjfa-10415	46	2	shamsuddin	shamsuddin	VERB
cjfa-10415	46	3	and	and	CCONJ
cjfa-10415	46	4	xiang	xiang	PROPN
cjfa-10415	46	5	(	(	PUNCT
cjfa-10415	46	6	2012	2012	NUM
cjfa-10415	46	7	)	)	PUNCT
cjfa-10415	46	8	demonstrate	demonstrate	VERB
cjfa-10415	46	9	that	that	SCONJ
cjfa-10415	46	10	technical	technical	ADJ
cjfa-10415	46	11	,	,	PUNCT
cjfa-10415	46	12	cost	cost	NOUN
cjfa-10415	46	13	and	and	CCONJ
cjfa-10415	46	14	profit	profit	NOUN
cjfa-10415	46	15	efficiency	efficiency	NOUN
cjfa-10415	46	16	have	have	VERB
cjfa-10415	46	17	a	a	DET
cjfa-10415	46	18	positive	positive	ADJ
cjfa-10415	46	19	effect	effect	NOUN
cjfa-10415	46	20	on	on	ADP
cjfa-10415	46	21	bank	bank	NOUN
cjfa-10415	46	22	stock	stock	NOUN
cjfa-10415	46	23	returns	return	NOUN
cjfa-10415	46	24	,	,	PUNCT
cjfa-10415	46	25	which	which	PRON
cjfa-10415	46	26	suggests	suggest	VERB
cjfa-10415	46	27	that	that	SCONJ
cjfa-10415	46	28	banks	bank	NOUN
cjfa-10415	46	29	efficiency	efficiency	NOUN
cjfa-10415	46	30	is	be	AUX
cjfa-10415	46	31	directly	directly	ADV
cjfa-10415	46	32	aligned	align	VERB
cjfa-10415	46	33	with	with	ADP
cjfa-10415	46	34	their	their	PRON
cjfa-10415	46	35	value	value	NOUN
cjfa-10415	46	36	to	to	ADP
cjfa-10415	46	37	the	the	DET
cjfa-10415	46	38	shareholders	shareholder	NOUN
cjfa-10415	46	39	.	.	PUNCT
cjfa-10415	47	1	chiou	chiou	NOUN
cjfa-10415	47	2	,	,	PUNCT
cjfa-10415	47	3	porter	porter	NOUN
cjfa-10415	47	4	and	and	CCONJ
cjfa-10415	47	5	sopranzetti	sopranzetti	NOUN
cjfa-10415	47	6	(	(	PUNCT
cjfa-10415	47	7	2014	2014	NUM
cjfa-10415	47	8	)	)	PUNCT
cjfa-10415	47	9	decompose	decompose	NOUN
cjfa-10415	47	10	banks	bank	NOUN
cjfa-10415	47	11	’	'	PUNCT
cjfa-10415	47	12	roa	roa	NOUN
cjfa-10415	47	13	into	into	ADP
cjfa-10415	47	14	five	five	NUM
cjfa-10415	47	15	channels	channel	NOUN
cjfa-10415	47	16	:	:	PUNCT
cjfa-10415	47	17	interest	interest	NOUN
cjfa-10415	47	18	income	income	NOUN
cjfa-10415	47	19	asset	asset	NOUN
cjfa-10415	47	20	turnover	turnover	NOUN
cjfa-10415	47	21	,	,	PUNCT
cjfa-10415	47	22	non	non	ADJ
cjfa-10415	47	23	-	-	ADJ
cjfa-10415	47	24	interest	interest	ADJ
cjfa-10415	47	25	income	income	NOUN
cjfa-10415	47	26	asset	asset	NOUN
cjfa-10415	47	27	turnover	turnover	NOUN
cjfa-10415	47	28	,	,	PUNCT
cjfa-10415	47	29	interest	interest	NOUN
cjfa-10415	47	30	contribution	contribution	NOUN
cjfa-10415	47	31	margin	margin	NOUN
cjfa-10415	47	32	,	,	PUNCT
cjfa-10415	47	33	non	non	ADJ
cjfa-10415	47	34	-	-	ADJ
cjfa-10415	47	35	interest	interest	ADJ
cjfa-10415	47	36	contribution	contribution	NOUN
cjfa-10415	47	37	margin	margin	NOUN
cjfa-10415	47	38	,	,	PUNCT
cjfa-10415	47	39	and	and	CCONJ
cjfa-10415	47	40	loan	loan	NOUN
cjfa-10415	47	41	loss	loss	NOUN
cjfa-10415	47	42	contribution	contribution	NOUN
cjfa-10415	47	43	and	and	CCONJ
cjfa-10415	47	44	analyse	analyse	VERB
cjfa-10415	47	45	their	their	PRON
cjfa-10415	47	46	individual	individual	ADJ
cjfa-10415	47	47	impacts	impact	NOUN
cjfa-10415	47	48	on	on	ADP
cjfa-10415	47	49	the	the	DET
cjfa-10415	47	50	relationship	relationship	NOUN
cjfa-10415	47	51	of	of	ADP
cjfa-10415	47	52	market	market	NOUN
cjfa-10415	47	53	-	-	PUNCT
cjfa-10415	47	54	to	to	ADP
cjfa-10415	47	55	-	-	PUNCT
cjfa-10415	47	56	book	book	NOUN
cjfa-10415	47	57	value	value	NOUN
cjfa-10415	47	58	,	,	PUNCT
cjfa-10415	47	59	controlling	control	VERB
cjfa-10415	47	60	for	for	ADP
cjfa-10415	47	61	the	the	DET
cjfa-10415	47	62	impact	impact	NOUN
cjfa-10415	47	63	of	of	ADP
cjfa-10415	47	64	bank	bank	NOUN
cjfa-10415	47	65	’s	’s	PART
cjfa-10415	47	66	size	size	NOUN
cjfa-10415	47	67	and	and	CCONJ
cjfa-10415	47	68	leverage	leverage	NOUN
cjfa-10415	47	69	.	.	PUNCT
cjfa-10415	48	1	their	their	PRON
cjfa-10415	48	2	results	result	NOUN
cjfa-10415	48	3	suggest	suggest	VERB
cjfa-10415	48	4	that	that	SCONJ
cjfa-10415	48	5	both	both	PRON
cjfa-10415	48	6	interest	interest	NOUN
cjfa-10415	48	7	and	and	CCONJ
cjfa-10415	48	8	non	non	ADJ
cjfa-10415	48	9	-	-	ADJ
cjfa-10415	48	10	interest	interest	ADJ
cjfa-10415	48	11	margins	margin	NOUN
cjfa-10415	48	12	exert	exert	VERB
cjfa-10415	48	13	positive	positive	ADJ
cjfa-10415	48	14	impact	impact	NOUN
cjfa-10415	48	15	on	on	ADP
cjfa-10415	48	16	banks	bank	NOUN
cjfa-10415	48	17	’	'	PUNCT
cjfa-10415	48	18	market	market	NOUN
cjfa-10415	48	19	values	value	NOUN
cjfa-10415	48	20	,	,	PUNCT
cjfa-10415	48	21	while	while	SCONJ
cjfa-10415	48	22	the	the	DET
cjfa-10415	48	23	influence	influence	NOUN
cjfa-10415	48	24	of	of	ADP
cjfa-10415	48	25	loan	loan	NOUN
cjfa-10415	48	26	and	and	CCONJ
cjfa-10415	48	27	lease	lease	NOUN
cjfa-10415	48	28	losses	loss	NOUN
cjfa-10415	48	29	is	be	AUX
cjfa-10415	48	30	negative	negative	ADJ
cjfa-10415	48	31	.	.	PUNCT
cjfa-10415	49	1	interestingly	interestingly	ADV
cjfa-10415	49	2	,	,	PUNCT
cjfa-10415	49	3	according	accord	VERB
cjfa-10415	49	4	to	to	ADP
cjfa-10415	49	5	chiou	chiou	NOUN
cjfa-10415	49	6	et	et	PROPN
cjfa-10415	49	7	al	al	PROPN
cjfa-10415	49	8	.	.	PROPN
cjfa-10415	50	1	(	(	PUNCT
cjfa-10415	50	2	2014	2014	NUM
cjfa-10415	50	3	)	)	PUNCT
cjfa-10415	50	4	the	the	DET
cjfa-10415	50	5	value	value	NOUN
cjfa-10415	50	6	relevance	relevance	NOUN
cjfa-10415	50	7	of	of	ADP
cjfa-10415	50	8	loan	loan	NOUN
cjfa-10415	50	9	losses	loss	NOUN
cjfa-10415	50	10	is	be	AUX
cjfa-10415	50	11	much	much	ADV
cjfa-10415	50	12	higher	high	ADJ
cjfa-10415	50	13	for	for	ADP
cjfa-10415	50	14	larger	large	ADJ
cjfa-10415	50	15	banks	bank	NOUN
cjfa-10415	50	16	,	,	PUNCT
cjfa-10415	50	17	that	that	PRON
cjfa-10415	50	18	seem	seem	VERB
cjfa-10415	50	19	to	to	PART
cjfa-10415	50	20	be	be	AUX
cjfa-10415	50	21	punished	punish	VERB
cjfa-10415	50	22	more	more	ADV
cjfa-10415	50	23	severely	severely	ADV
cjfa-10415	50	24	by	by	ADP
cjfa-10415	50	25	the	the	DET
cjfa-10415	50	26	capital	capital	NOUN
cjfa-10415	50	27	markets	market	NOUN
cjfa-10415	50	28	for	for	ADP
cjfa-10415	50	29	the	the	DET
cjfa-10415	50	30	impairment	impairment	NOUN
cjfa-10415	50	31	of	of	ADP
cjfa-10415	50	32	assets	asset	NOUN
cjfa-10415	50	33	.	.	PUNCT
cjfa-10415	51	1	similarly	similarly	ADV
cjfa-10415	51	2	,	,	PUNCT
cjfa-10415	51	3	the	the	DET
cjfa-10415	51	4	impact	impact	NOUN
cjfa-10415	51	5	of	of	ADP
cjfa-10415	51	6	size	size	NOUN
cjfa-10415	51	7	on	on	ADP
cjfa-10415	51	8	banks	bank	NOUN
cjfa-10415	51	9	’	'	PUNCT
cjfa-10415	51	10	market	market	NOUN
cjfa-10415	51	11	value	value	NOUN
cjfa-10415	51	12	appears	appear	VERB
cjfa-10415	51	13	to	to	PART
cjfa-10415	51	14	be	be	AUX
cjfa-10415	51	15	statistically	statistically	ADV
cjfa-10415	51	16	significant	significant	ADJ
cjfa-10415	51	17	(	(	PUNCT
cjfa-10415	51	18	negative	negative	ADJ
cjfa-10415	51	19	)	)	PUNCT
cjfa-10415	51	20	also	also	ADV
cjfa-10415	51	21	for	for	ADP
cjfa-10415	51	22	larger	large	ADJ
cjfa-10415	51	23	banks	bank	NOUN
cjfa-10415	51	24	only	only	ADV
cjfa-10415	51	25	.	.	PUNCT
cjfa-10415	52	1	another	another	DET
cjfa-10415	52	2	set	set	NOUN
cjfa-10415	52	3	of	of	ADP
cjfa-10415	52	4	studies	study	NOUN
cjfa-10415	52	5	examines	examine	VERB
cjfa-10415	52	6	the	the	DET
cjfa-10415	52	7	effect	effect	NOUN
cjfa-10415	52	8	of	of	ADP
cjfa-10415	52	9	impairment	impairment	ADJ
cjfa-10415	52	10	provisions	provision	NOUN
cjfa-10415	52	11	on	on	ADP
cjfa-10415	52	12	the	the	DET
cjfa-10415	52	13	market	market	NOUN
cjfa-10415	52	14	value	value	NOUN
cjfa-10415	52	15	of	of	ADP
cjfa-10415	52	16	banks	bank	NOUN
cjfa-10415	52	17	.	.	PUNCT
cjfa-10415	53	1	surprisingly	surprisingly	ADV
cjfa-10415	53	2	,	,	PUNCT
cjfa-10415	53	3	the	the	DET
cjfa-10415	53	4	results	result	NOUN
cjfa-10415	53	5	of	of	ADP
cjfa-10415	53	6	these	these	DET
cjfa-10415	53	7	investigations	investigation	NOUN
cjfa-10415	53	8	are	be	AUX
cjfa-10415	53	9	mixed	mix	VERB
cjfa-10415	53	10	as	as	ADV
cjfa-10415	53	11	well	well	ADV
cjfa-10415	53	12	.	.	PUNCT
cjfa-10415	54	1	although	although	SCONJ
cjfa-10415	54	2	it	it	PRON
cjfa-10415	54	3	would	would	AUX
cjfa-10415	54	4	seem	seem	VERB
cjfa-10415	54	5	that	that	SCONJ
cjfa-10415	54	6	such	such	ADJ
cjfa-10415	54	7	provisions	provision	NOUN
cjfa-10415	54	8	should	should	AUX
cjfa-10415	54	9	be	be	AUX
cjfa-10415	54	10	valued	value	VERB
cjfa-10415	54	11	negatively	negatively	ADV
cjfa-10415	54	12	by	by	ADP
cjfa-10415	54	13	the	the	DET
cjfa-10415	54	14	capital	capital	NOUN
cjfa-10415	54	15	markets	market	NOUN
cjfa-10415	54	16	,	,	PUNCT
cjfa-10415	54	17	some	some	DET
cjfa-10415	54	18	studies	study	NOUN
cjfa-10415	54	19	provide	provide	VERB
cjfa-10415	54	20	evidence	evidence	NOUN
cjfa-10415	54	21	of	of	ADP
cjfa-10415	54	22	their	their	PRON
cjfa-10415	54	23	positive	positive	ADJ
cjfa-10415	54	24	impact	impact	NOUN
cjfa-10415	54	25	.	.	PUNCT
cjfa-10415	55	1	for	for	ADP
cjfa-10415	55	2	instance	instance	NOUN
cjfa-10415	55	3	wahlen	wahlen	NOUN
cjfa-10415	55	4	(	(	PUNCT
cjfa-10415	55	5	1994	1994	NUM
cjfa-10415	55	6	)	)	PUNCT
cjfa-10415	55	7	suggests	suggest	VERB
cjfa-10415	55	8	that	that	SCONJ
cjfa-10415	55	9	impairment	impairment	ADJ
cjfa-10415	55	10	provisions	provision	NOUN
cjfa-10415	55	11	are	be	AUX
cjfa-10415	55	12	in	in	ADP
cjfa-10415	55	13	fact	fact	NOUN
cjfa-10415	55	14	composed	compose	VERB
cjfa-10415	55	15	of	of	ADP
cjfa-10415	55	16	discretionary	discretionary	ADJ
cjfa-10415	55	17	and	and	CCONJ
cjfa-10415	55	18	non	non	ADJ
cjfa-10415	55	19	-	-	ADJ
cjfa-10415	55	20	discretionary	discretionary	ADJ
cjfa-10415	55	21	components	component	NOUN
cjfa-10415	55	22	.	.	PUNCT
cjfa-10415	56	1	the	the	DET
cjfa-10415	56	2	discretionary	discretionary	ADJ
cjfa-10415	56	3	component	component	NOUN
cjfa-10415	56	4	is	be	AUX
cjfa-10415	56	5	subject	subject	ADJ
cjfa-10415	56	6	to	to	ADP
cjfa-10415	56	7	bank	bank	NOUN
cjfa-10415	56	8	managers	manager	NOUN
cjfa-10415	56	9	’	’	PART
cjfa-10415	56	10	manipulation	manipulation	NOUN
cjfa-10415	56	11	and	and	CCONJ
cjfa-10415	56	12	dependent	dependent	ADJ
cjfa-10415	56	13	on	on	ADP
cjfa-10415	56	14	their	their	PRON
cjfa-10415	56	15	motivation	motivation	NOUN
cjfa-10415	56	16	,	,	PUNCT
cjfa-10415	56	17	whereas	whereas	SCONJ
cjfa-10415	56	18	the	the	DET
cjfa-10415	56	19	non	non	ADJ
cjfa-10415	56	20	-	-	ADJ
cjfa-10415	56	21	discretionary	discretionary	ADJ
cjfa-10415	56	22	one	one	NOUN
cjfa-10415	56	23	is	be	AUX
cjfa-10415	56	24	an	an	DET
cjfa-10415	56	25	outcome	outcome	NOUN
cjfa-10415	56	26	of	of	ADP
cjfa-10415	56	27	events	event	NOUN
cjfa-10415	56	28	related	relate	VERB
cjfa-10415	56	29	to	to	AUX
cjfa-10415	56	30	default	default	NOUN
cjfa-10415	56	31	risk	risk	NOUN
cjfa-10415	56	32	,	,	PUNCT
cjfa-10415	56	33	lying	lie	VERB
cjfa-10415	56	34	beyond	beyond	ADP
cjfa-10415	56	35	management	management	NOUN
cjfa-10415	56	36	’s	’s	PART
cjfa-10415	56	37	control	control	NOUN
cjfa-10415	56	38	.	.	PUNCT
cjfa-10415	57	1	according	accord	VERB
cjfa-10415	57	2	to	to	ADP
cjfa-10415	57	3	wahlen	wahlen	NOUN
cjfa-10415	57	4	(	(	PUNCT
cjfa-10415	57	5	1994	1994	NUM
cjfa-10415	57	6	)	)	PUNCT
cjfa-10415	57	7	bank	bank	NOUN
cjfa-10415	57	8	managers	manager	NOUN
cjfa-10415	57	9	use	use	VERB
cjfa-10415	57	10	the	the	DET
cjfa-10415	57	11	discretionary	discretionary	ADJ
cjfa-10415	57	12	component	component	NOUN
cjfa-10415	57	13	to	to	PART
cjfa-10415	57	14	convey	convey	VERB
cjfa-10415	57	15	positive	positive	ADJ
cjfa-10415	57	16	signals	signal	NOUN
cjfa-10415	57	17	about	about	ADP
cjfa-10415	57	18	the	the	DET
cjfa-10415	57	19	future	future	ADJ
cjfa-10415	57	20	cash	cash	NOUN
cjfa-10415	57	21	flow	flow	NOUN
cjfa-10415	57	22	prospects	prospect	NOUN
cjfa-10415	57	23	which	which	PRON
cjfa-10415	57	24	results	result	VERB
cjfa-10415	57	25	in	in	ADP
cjfa-10415	57	26	its	its	PRON
cjfa-10415	57	27	positive	positive	ADJ
cjfa-10415	57	28	relationship	relationship	NOUN
cjfa-10415	57	29	with	with	ADP
cjfa-10415	57	30	the	the	DET
cjfa-10415	57	31	market	market	NOUN
cjfa-10415	57	32	value	value	NOUN
cjfa-10415	57	33	.	.	PUNCT
cjfa-10415	58	1	even	even	ADV
cjfa-10415	58	2	though	though	SCONJ
cjfa-10415	58	3	some	some	DET
cjfa-10415	58	4	studies	study	NOUN
cjfa-10415	58	5	provide	provide	VERB
cjfa-10415	58	6	support	support	NOUN
cjfa-10415	58	7	the	the	DET
cjfa-10415	58	8	signalling	signal	VERB
cjfa-10415	58	9	hypothesis	hypothesis	NOUN
cjfa-10415	58	10	(	(	PUNCT
cjfa-10415	58	11	e.g.	e.g.	ADV
cjfa-10415	58	12	beaver	beaver	PROPN
cjfa-10415	58	13	,	,	PUNCT
cjfa-10415	58	14	engel	engel	PROPN
cjfa-10415	58	15	1996	1996	NUM
cjfa-10415	58	16	)	)	PUNCT
cjfa-10415	58	17	,	,	PUNCT
cjfa-10415	58	18	its	its	PRON
cjfa-10415	58	19	foundations	foundation	NOUN
cjfa-10415	58	20	seem	seem	VERB
cjfa-10415	58	21	to	to	PART
cjfa-10415	58	22	be	be	AUX
cjfa-10415	58	23	undermined	undermine	VERB
cjfa-10415	58	24	by	by	ADP
cjfa-10415	58	25	the	the	DET
cjfa-10415	58	26	findings	finding	NOUN
cjfa-10415	58	27	of	of	ADP
cjfa-10415	58	28	ahmed	ahmed	PROPN
cjfa-10415	58	29	,	,	PUNCT
cjfa-10415	58	30	takeda	takeda	PROPN
cjfa-10415	58	31	and	and	CCONJ
cjfa-10415	58	32	thomas	thomas	PROPN
cjfa-10415	58	33	(	(	PUNCT
cjfa-10415	58	34	1999	1999	NUM
cjfa-10415	58	35	)	)	PUNCT
cjfa-10415	58	36	as	as	ADV
cjfa-10415	58	37	well	well	ADV
cjfa-10415	58	38	as	as	ADP
cjfa-10415	58	39	lim	lim	PROPN
cjfa-10415	58	40	,	,	PUNCT
cjfa-10415	58	41	walker	walker	PROPN
cjfa-10415	58	42	and	and	CCONJ
cjfa-10415	58	43	lee	lee	PROPN
cjfa-10415	58	44	(	(	PUNCT
cjfa-10415	58	45	2013	2013	NUM
cjfa-10415	58	46	)	)	PUNCT
cjfa-10415	58	47	.	.	PUNCT
cjfa-10415	59	1	furthermore	furthermore	ADV
cjfa-10415	59	2	,	,	PUNCT
cjfa-10415	59	3	the	the	DET
cjfa-10415	59	4	results	result	NOUN
cjfa-10415	59	5	of	of	ADP
cjfa-10415	59	6	the	the	DET
cjfa-10415	59	7	study	study	NOUN
cjfa-10415	59	8	conducted	conduct	VERB
cjfa-10415	59	9	in	in	ADP
cjfa-10415	59	10	an	an	DET
cjfa-10415	59	11	empirical	empirical	ADJ
cjfa-10415	59	12	evaluation	evaluation	NOUN
cjfa-10415	59	13	of	of	ADP
cjfa-10415	59	14	selected	select	VERB
cjfa-10415	59	15	accounting	accounting	NOUN
cjfa-10415	59	16	-	-	PUNCT
cjfa-10415	59	17	based	base	VERB
cjfa-10415	59	18	…	…	PUNCT
cjfa-10415	59	19	29	29	NUM
cjfa-10415	59	20	the	the	DET
cjfa-10415	59	21	context	context	NOUN
cjfa-10415	59	22	of	of	ADP
cjfa-10415	59	23	the	the	DET
cjfa-10415	59	24	polish	polish	ADJ
cjfa-10415	59	25	banking	banking	NOUN
cjfa-10415	59	26	sector	sector	NOUN
cjfa-10415	59	27	by	by	ADP
cjfa-10415	59	28	bolibok	bolibok	PROPN
cjfa-10415	59	29	(	(	PUNCT
cjfa-10415	59	30	2015	2015	NUM
cjfa-10415	59	31	)	)	PUNCT
cjfa-10415	59	32	indicate	indicate	VERB
cjfa-10415	59	33	a	a	DET
cjfa-10415	59	34	negative	negative	ADJ
cjfa-10415	59	35	impact	impact	NOUN
cjfa-10415	59	36	of	of	ADP
cjfa-10415	59	37	impairment	impairment	ADJ
cjfa-10415	59	38	provisions	provision	NOUN
cjfa-10415	59	39	on	on	ADP
cjfa-10415	59	40	the	the	DET
cjfa-10415	59	41	market	market	NOUN
cjfa-10415	59	42	value	value	NOUN
cjfa-10415	59	43	of	of	ADP
cjfa-10415	59	44	banks	bank	NOUN
cjfa-10415	59	45	.	.	PUNCT
cjfa-10415	60	1	the	the	DET
cjfa-10415	60	2	international	international	ADJ
cjfa-10415	60	3	evidence	evidence	NOUN
cjfa-10415	60	4	on	on	ADP
cjfa-10415	60	5	the	the	DET
cjfa-10415	60	6	value	value	NOUN
cjfa-10415	60	7	of	of	ADP
cjfa-10415	60	8	banks	bank	NOUN
cjfa-10415	60	9	’	'	PUNCT
cjfa-10415	60	10	cash	cash	NOUN
cjfa-10415	60	11	flows	flow	NOUN
cjfa-10415	60	12	is	be	AUX
cjfa-10415	60	13	also	also	ADV
cjfa-10415	60	14	ambiguous	ambiguous	ADJ
cjfa-10415	60	15	.	.	PUNCT
cjfa-10415	61	1	the	the	DET
cjfa-10415	61	2	results	result	NOUN
cjfa-10415	61	3	of	of	ADP
cjfa-10415	61	4	most	most	ADJ
cjfa-10415	61	5	studies	study	NOUN
cjfa-10415	61	6	suggest	suggest	VERB
cjfa-10415	61	7	that	that	SCONJ
cjfa-10415	61	8	specificity	specificity	NOUN
cjfa-10415	61	9	of	of	ADP
cjfa-10415	61	10	banking	banking	NOUN
cjfa-10415	61	11	operations	operation	NOUN
cjfa-10415	61	12	is	be	AUX
cjfa-10415	61	13	not	not	PART
cjfa-10415	61	14	fully	fully	ADV
cjfa-10415	61	15	captured	capture	VERB
cjfa-10415	61	16	by	by	ADP
cjfa-10415	61	17	a	a	DET
cjfa-10415	61	18	standard	standard	ADJ
cjfa-10415	61	19	cash	cash	NOUN
cjfa-10415	61	20	flow	flow	NOUN
cjfa-10415	61	21	statement	statement	NOUN
cjfa-10415	61	22	framework	framework	NOUN
cjfa-10415	61	23	which	which	PRON
cjfa-10415	61	24	limits	limit	VERB
cjfa-10415	61	25	its	its	PRON
cjfa-10415	61	26	informativeness	informativeness	NOUN
cjfa-10415	61	27	for	for	ADP
cjfa-10415	61	28	the	the	DET
cjfa-10415	61	29	equity	equity	NOUN
cjfa-10415	61	30	investors	investor	NOUN
cjfa-10415	61	31	(	(	PUNCT
cjfa-10415	61	32	see	see	VERB
cjfa-10415	61	33	e.g.	e.g.	ADV
cjfa-10415	61	34	ryan	ryan	PROPN
cjfa-10415	61	35	,	,	PUNCT
cjfa-10415	61	36	tucker	tucker	PROPN
cjfa-10415	61	37	,	,	PUNCT
cjfa-10415	61	38	zarowin	zarowin	PROPN
cjfa-10415	61	39	2006	2006	NUM
cjfa-10415	61	40	;	;	PUNCT
cjfa-10415	61	41	gao	gao	PROPN
cjfa-10415	61	42	2015	2015	NUM
cjfa-10415	61	43	)	)	PUNCT
cjfa-10415	61	44	according	accord	VERB
cjfa-10415	61	45	to	to	ADP
cjfa-10415	61	46	dimitropoulos	dimitropoulo	NOUN
cjfa-10415	61	47	,	,	PUNCT
cjfa-10415	61	48	asteriou	asteriou	VERB
cjfa-10415	61	49	and	and	CCONJ
cjfa-10415	61	50	koumanakos	koumanakos	PROPN
cjfa-10415	61	51	(	(	PUNCT
cjfa-10415	61	52	2010	2010	NUM
cjfa-10415	61	53	)	)	PUNCT
cjfa-10415	61	54	cash	cash	NOUN
cjfa-10415	61	55	flows	flow	NOUN
cjfa-10415	61	56	are	be	AUX
cjfa-10415	61	57	outperformed	outperform	VERB
cjfa-10415	61	58	by	by	ADP
cjfa-10415	61	59	earnings	earning	NOUN
cjfa-10415	61	60	in	in	ADP
cjfa-10415	61	61	explaining	explain	VERB
cjfa-10415	61	62	variation	variation	NOUN
cjfa-10415	61	63	in	in	ADP
cjfa-10415	61	64	stock	stock	NOUN
cjfa-10415	61	65	returns	return	NOUN
cjfa-10415	61	66	.	.	PUNCT
cjfa-10415	62	1	although	although	SCONJ
cjfa-10415	62	2	,	,	PUNCT
cjfa-10415	62	3	when	when	SCONJ
cjfa-10415	62	4	earnings	earning	NOUN
cjfa-10415	62	5	contain	contain	VERB
cjfa-10415	62	6	a	a	DET
cjfa-10415	62	7	high	high	ADJ
cjfa-10415	62	8	share	share	NOUN
cjfa-10415	62	9	of	of	ADP
cjfa-10415	62	10	transitory	transitory	ADJ
cjfa-10415	62	11	components	component	NOUN
cjfa-10415	62	12	,	,	PUNCT
cjfa-10415	62	13	cash	cash	NOUN
cjfa-10415	62	14	flows	flow	NOUN
cjfa-10415	62	15	tend	tend	VERB
cjfa-10415	62	16	to	to	PART
cjfa-10415	62	17	be	be	AUX
cjfa-10415	62	18	more	more	ADV
cjfa-10415	62	19	closely	closely	ADV
cjfa-10415	62	20	related	relate	VERB
cjfa-10415	62	21	to	to	ADP
cjfa-10415	62	22	banks	bank	NOUN
cjfa-10415	62	23	’	'	PUNCT
cjfa-10415	62	24	market	market	NOUN
cjfa-10415	62	25	value	value	NOUN
cjfa-10415	62	26	.	.	PUNCT
cjfa-10415	63	1	wang	wang	PROPN
cjfa-10415	63	2	(	(	PUNCT
cjfa-10415	63	3	2014	2014	NUM
cjfa-10415	63	4	)	)	PUNCT
cjfa-10415	63	5	provides	provide	VERB
cjfa-10415	63	6	an	an	DET
cjfa-10415	63	7	evidence	evidence	NOUN
cjfa-10415	63	8	of	of	ADP
cjfa-10415	63	9	a	a	DET
cjfa-10415	63	10	positive	positive	ADJ
cjfa-10415	63	11	impact	impact	NOUN
cjfa-10415	63	12	of	of	ADP
cjfa-10415	63	13	operational	operational	ADJ
cjfa-10415	63	14	diversification	diversification	NOUN
cjfa-10415	63	15	,	,	PUNCT
cjfa-10415	63	16	capital	capital	NOUN
cjfa-10415	63	17	adequacy	adequacy	NOUN
cjfa-10415	63	18	ratio	ratio	NOUN
cjfa-10415	63	19	,	,	PUNCT
cjfa-10415	63	20	and	and	CCONJ
cjfa-10415	63	21	loan	loan	NOUN
cjfa-10415	63	22	-	-	PUNCT
cjfa-10415	63	23	to	to	ADP
cjfa-10415	63	24	-	-	PUNCT
cjfa-10415	63	25	capital	capital	NOUN
cjfa-10415	63	26	ratio	ratio	NOUN
cjfa-10415	63	27	on	on	ADP
cjfa-10415	63	28	banks	bank	NOUN
cjfa-10415	63	29	’	'	PUNCT
cjfa-10415	63	30	value	value	NOUN
cjfa-10415	63	31	.	.	PUNCT
cjfa-10415	64	1	moreover	moreover	ADV
cjfa-10415	64	2	,	,	PUNCT
cjfa-10415	64	3	unlike	unlike	ADP
cjfa-10415	64	4	gosh	gosh	INTJ
cjfa-10415	64	5	(	(	PUNCT
cjfa-10415	64	6	2009	2009	NUM
cjfa-10415	64	7	)	)	PUNCT
cjfa-10415	64	8	,	,	PUNCT
cjfa-10415	64	9	fortin	fortin	PROPN
cjfa-10415	64	10	et	et	PROPN
cjfa-10415	64	11	al	al	PROPN
cjfa-10415	64	12	.	.	PROPN
cjfa-10415	65	1	(	(	PUNCT
cjfa-10415	65	2	2011	2011	NUM
cjfa-10415	65	3	)	)	PUNCT
cjfa-10415	65	4	,	,	PUNCT
cjfa-10415	65	5	and	and	CCONJ
cjfa-10415	65	6	chiou	chiou	VERB
cjfa-10415	65	7	et	et	PROPN
cjfa-10415	65	8	al	al	PROPN
cjfa-10415	65	9	.	.	PUNCT
cjfa-10415	66	1	(	(	PUNCT
cjfa-10415	66	2	2014	2014	NUM
cjfa-10415	66	3	)	)	PUNCT
cjfa-10415	66	4	,	,	PUNCT
cjfa-10415	66	5	he	he	PRON
cjfa-10415	66	6	finds	find	VERB
cjfa-10415	66	7	a	a	DET
cjfa-10415	66	8	positive	positive	ADJ
cjfa-10415	66	9	association	association	NOUN
cjfa-10415	66	10	between	between	ADP
cjfa-10415	66	11	banks	bank	NOUN
cjfa-10415	66	12	’	’	PART
cjfa-10415	66	13	size	size	NOUN
cjfa-10415	66	14	and	and	CCONJ
cjfa-10415	66	15	value	value	NOUN
cjfa-10415	66	16	.	.	PUNCT
cjfa-10415	67	1	according	accord	VERB
cjfa-10415	67	2	to	to	ADP
cjfa-10415	67	3	wang	wang	PROPN
cjfa-10415	67	4	(	(	PUNCT
cjfa-10415	67	5	2014	2014	NUM
cjfa-10415	67	6	)	)	PUNCT
cjfa-10415	67	7	the	the	DET
cjfa-10415	67	8	riskiness	riskiness	NOUN
cjfa-10415	67	9	of	of	ADP
cjfa-10415	67	10	banks	bank	NOUN
cjfa-10415	67	11	’	’	PART
cjfa-10415	67	12	operations	operation	NOUN
cjfa-10415	67	13	,	,	PUNCT
cjfa-10415	67	14	(	(	PUNCT
cjfa-10415	67	15	measured	measure	VERB
cjfa-10415	67	16	by	by	ADP
cjfa-10415	67	17	the	the	DET
cjfa-10415	67	18	relations	relation	NOUN
cjfa-10415	67	19	of	of	ADP
cjfa-10415	67	20	derivative	derivative	ADJ
cjfa-10415	67	21	trading	trading	NOUN
cjfa-10415	67	22	and	and	CCONJ
cjfa-10415	67	23	non	non	ADJ
cjfa-10415	67	24	-	-	ADJ
cjfa-10415	67	25	performing	performing	ADJ
cjfa-10415	67	26	loans	loan	NOUN
cjfa-10415	67	27	to	to	ADP
cjfa-10415	67	28	total	total	ADJ
cjfa-10415	67	29	assets	asset	NOUN
cjfa-10415	67	30	)	)	PUNCT
cjfa-10415	67	31	has	have	VERB
cjfa-10415	67	32	negative	negative	ADJ
cjfa-10415	67	33	impact	impact	NOUN
cjfa-10415	67	34	on	on	ADP
cjfa-10415	67	35	value	value	NOUN
cjfa-10415	67	36	.	.	PUNCT
cjfa-10415	68	1	the	the	DET
cjfa-10415	68	2	research	research	NOUN
cjfa-10415	68	3	methodology	methodology	NOUN
cjfa-10415	68	4	and	and	CCONJ
cjfa-10415	68	5	the	the	DET
cjfa-10415	68	6	course	course	NOUN
cjfa-10415	68	7	of	of	ADP
cjfa-10415	68	8	the	the	DET
cjfa-10415	68	9	research	research	NOUN
cjfa-10415	68	10	process	process	NOUN
cjfa-10415	68	11	following	follow	VERB
cjfa-10415	68	12	the	the	DET
cjfa-10415	68	13	research	research	NOUN
cjfa-10415	68	14	framework	framework	NOUN
cjfa-10415	68	15	commonly	commonly	ADV
cjfa-10415	68	16	adopted	adopt	VERB
cjfa-10415	68	17	in	in	ADP
cjfa-10415	68	18	the	the	DET
cjfa-10415	68	19	relevant	relevant	ADJ
cjfa-10415	68	20	literature	literature	NOUN
cjfa-10415	68	21	the	the	DET
cjfa-10415	68	22	present	present	ADJ
cjfa-10415	68	23	study	study	NOUN
cjfa-10415	68	24	attempts	attempt	VERB
cjfa-10415	68	25	to	to	PART
cjfa-10415	68	26	evaluate	evaluate	VERB
cjfa-10415	68	27	empirically	empirically	ADV
cjfa-10415	68	28	the	the	DET
cjfa-10415	68	29	impact	impact	NOUN
cjfa-10415	68	30	of	of	ADP
cjfa-10415	68	31	selected	select	VERB
cjfa-10415	68	32	accounting	accounting	NOUN
cjfa-10415	68	33	-	-	PUNCT
cjfa-10415	68	34	based	base	VERB
cjfa-10415	68	35	value	value	NOUN
cjfa-10415	68	36	drivers	driver	NOUN
cjfa-10415	68	37	on	on	ADP
cjfa-10415	68	38	the	the	DET
cjfa-10415	68	39	charter	charter	NOUN
cjfa-10415	68	40	value	value	NOUN
cjfa-10415	68	41	of	of	ADP
cjfa-10415	68	42	listed	list	VERB
cjfa-10415	68	43	banks	bank	NOUN
cjfa-10415	68	44	in	in	ADP
cjfa-10415	68	45	the	the	DET
cjfa-10415	68	46	polish	polish	ADJ
cjfa-10415	68	47	banking	banking	NOUN
cjfa-10415	68	48	sector	sector	NOUN
cjfa-10415	68	49	.	.	PUNCT
cjfa-10415	69	1	given	give	VERB
cjfa-10415	69	2	the	the	DET
cjfa-10415	69	3	results	result	NOUN
cjfa-10415	69	4	of	of	ADP
cjfa-10415	69	5	the	the	DET
cjfa-10415	69	6	prior	prior	ADJ
cjfa-10415	69	7	studies	study	NOUN
cjfa-10415	69	8	,	,	PUNCT
cjfa-10415	69	9	the	the	DET
cjfa-10415	69	10	following	follow	VERB
cjfa-10415	69	11	hypothesis	hypothesis	NOUN
cjfa-10415	69	12	was	be	AUX
cjfa-10415	69	13	formulated	formulate	VERB
cjfa-10415	69	14	:	:	PUNCT
cjfa-10415	69	15	hypothesis	hypothesis	NOUN
cjfa-10415	69	16	1	1	NUM
cjfa-10415	69	17	.	.	PUNCT
cjfa-10415	69	18	:	:	PUNCT
cjfa-10415	70	1	charter	charter	NOUN
cjfa-10415	70	2	value	value	NOUN
cjfa-10415	70	3	of	of	ADP
cjfa-10415	70	4	banks	bank	NOUN
cjfa-10415	70	5	in	in	ADP
cjfa-10415	70	6	the	the	DET
cjfa-10415	70	7	polish	polish	ADJ
cjfa-10415	70	8	banking	banking	NOUN
cjfa-10415	70	9	sector	sector	NOUN
cjfa-10415	70	10	is	be	AUX
cjfa-10415	70	11	determined	determine	VERB
cjfa-10415	70	12	by	by	ADP
cjfa-10415	70	13	their	their	PRON
cjfa-10415	70	14	size	size	NOUN
cjfa-10415	70	15	,	,	PUNCT
cjfa-10415	70	16	operating	operating	NOUN
cjfa-10415	70	17	efficiency	efficiency	NOUN
cjfa-10415	70	18	,	,	PUNCT
cjfa-10415	70	19	profitability	profitability	NOUN
cjfa-10415	70	20	,	,	PUNCT
cjfa-10415	70	21	net	net	ADJ
cjfa-10415	70	22	cash	cash	NOUN
cjfa-10415	70	23	flow	flow	NOUN
cjfa-10415	70	24	generation	generation	NOUN
cjfa-10415	70	25	capacity	capacity	NOUN
cjfa-10415	70	26	,	,	PUNCT
cjfa-10415	70	27	leverage	leverage	NOUN
cjfa-10415	70	28	,	,	PUNCT
cjfa-10415	70	29	asset	asset	NOUN
cjfa-10415	70	30	liquidity	liquidity	NOUN
cjfa-10415	70	31	,	,	PUNCT
cjfa-10415	70	32	and	and	CCONJ
cjfa-10415	70	33	risk	risk	NOUN
cjfa-10415	70	34	management	management	NOUN
cjfa-10415	70	35	efficiency	efficiency	NOUN
cjfa-10415	70	36	.	.	PUNCT
cjfa-10415	71	1	danbank	danbank	ADJ
cjfa-10415	71	2	charter	charter	NOUN
cjfa-10415	71	3	value	value	NOUN
cjfa-10415	71	4	is	be	AUX
cjfa-10415	71	5	typically	typically	ADV
cjfa-10415	71	6	proxied	proxie	VERB
cjfa-10415	71	7	by	by	ADP
cjfa-10415	71	8	tobin	tobin	PROPN
cjfa-10415	71	9	’s	’s	PART
cjfa-10415	71	10	q	q	PROPN
cjfa-10415	71	11	(	(	PUNCT
cjfa-10415	71	12	relation	relation	NOUN
cjfa-10415	71	13	of	of	ADP
cjfa-10415	71	14	market	market	NOUN
cjfa-10415	71	15	value	value	NOUN
cjfa-10415	71	16	of	of	ADP
cjfa-10415	71	17	bank	bank	NOUN
cjfa-10415	71	18	’s	’s	PART
cjfa-10415	71	19	assets	asset	NOUN
cjfa-10415	71	20	to	to	ADP
cjfa-10415	71	21	their	their	PRON
cjfa-10415	71	22	book	book	NOUN
cjfa-10415	71	23	value	value	NOUN
cjfa-10415	71	24	):	):	PUNCT
cjfa-10415	71	25	in	in	ADP
cjfa-10415	71	26	explaining	explain	VERB
cjfa-10415	71	27	variation	variation	NOUN
cjfa-10415	71	28	in	in	ADP
cjfa-10415	71	29	stock	stock	NOUN
cjfa-10415	71	30	returns	return	NOUN
cjfa-10415	71	31	.	.	PUNCT
cjfa-10415	72	1	although	although	SCONJ
cjfa-10415	72	2	,	,	PUNCT
cjfa-10415	72	3	when	when	SCONJ
cjfa-10415	72	4	earnings	earning	NOUN
cjfa-10415	72	5	contain	contain	VERB
cjfa-10415	72	6	a	a	DET
cjfa-10415	72	7	high	high	ADJ
cjfa-10415	72	8	share	share	NOUN
cjfa-10415	72	9	of	of	ADP
cjfa-10415	72	10	transitory	transitory	ADJ
cjfa-10415	72	11	components	component	NOUN
cjfa-10415	72	12	,	,	PUNCT
cjfa-10415	72	13	cash	cash	NOUN
cjfa-10415	72	14	flows	flow	NOUN
cjfa-10415	72	15	tend	tend	VERB
cjfa-10415	72	16	to	to	PART
cjfa-10415	72	17	be	be	AUX
cjfa-10415	72	18	more	more	ADV
cjfa-10415	72	19	closely	closely	ADV
cjfa-10415	72	20	related	relate	VERB
cjfa-10415	72	21	to	to	ADP
cjfa-10415	72	22	banks	bank	NOUN
cjfa-10415	72	23	’	'	PUNCT
cjfa-10415	72	24	market	market	NOUN
cjfa-10415	72	25	value	value	NOUN
cjfa-10415	72	26	.	.	PUNCT
cjfa-10415	73	1	wang	wang	PROPN
cjfa-10415	73	2	(	(	PUNCT
cjfa-10415	73	3	2014	2014	NUM
cjfa-10415	73	4	)	)	PUNCT
cjfa-10415	73	5	provides	provide	VERB
cjfa-10415	73	6	an	an	DET
cjfa-10415	73	7	evidence	evidence	NOUN
cjfa-10415	73	8	of	of	ADP
cjfa-10415	73	9	a	a	DET
cjfa-10415	73	10	positive	positive	ADJ
cjfa-10415	73	11	impact	impact	NOUN
cjfa-10415	73	12	of	of	ADP
cjfa-10415	73	13	operational	operational	ADJ
cjfa-10415	73	14	diversification	diversification	NOUN
cjfa-10415	73	15	,	,	PUNCT
cjfa-10415	73	16	capital	capital	NOUN
cjfa-10415	73	17	adequacy	adequacy	NOUN
cjfa-10415	73	18	ratio	ratio	NOUN
cjfa-10415	73	19	,	,	PUNCT
cjfa-10415	73	20	and	and	CCONJ
cjfa-10415	73	21	loan	loan	NOUN
cjfa-10415	73	22	-	-	PUNCT
cjfa-10415	73	23	to	to	ADP
cjfa-10415	73	24	-	-	PUNCT
cjfa-10415	73	25	capital	capital	NOUN
cjfa-10415	73	26	ratio	ratio	NOUN
cjfa-10415	73	27	on	on	ADP
cjfa-10415	73	28	banks	bank	NOUN
cjfa-10415	73	29	’	'	PUNCT
cjfa-10415	73	30	value	value	NOUN
cjfa-10415	73	31	.	.	PUNCT
cjfa-10415	74	1	moreover	moreover	ADV
cjfa-10415	74	2	,	,	PUNCT
cjfa-10415	74	3	unlike	unlike	ADP
cjfa-10415	74	4	gosh	gosh	INTJ
cjfa-10415	74	5	(	(	PUNCT
cjfa-10415	74	6	2009	2009	NUM
cjfa-10415	74	7	)	)	PUNCT
cjfa-10415	74	8	,	,	PUNCT
cjfa-10415	74	9	fortin	fortin	PROPN
cjfa-10415	74	10	et	et	PROPN
cjfa-10415	74	11	al	al	PROPN
cjfa-10415	74	12	.	.	PROPN
cjfa-10415	75	1	(	(	PUNCT
cjfa-10415	75	2	2011	2011	NUM
cjfa-10415	75	3	)	)	PUNCT
cjfa-10415	75	4	,	,	PUNCT
cjfa-10415	75	5	and	and	CCONJ
cjfa-10415	75	6	chiou	chiou	VERB
cjfa-10415	75	7	et	et	PROPN
cjfa-10415	75	8	al	al	PROPN
cjfa-10415	75	9	.	.	PUNCT
cjfa-10415	76	1	(	(	PUNCT
cjfa-10415	76	2	2014	2014	NUM
cjfa-10415	76	3	)	)	PUNCT
cjfa-10415	76	4	,	,	PUNCT
cjfa-10415	76	5	he	he	PRON
cjfa-10415	76	6	finds	find	VERB
cjfa-10415	76	7	a	a	DET
cjfa-10415	76	8	positive	positive	ADJ
cjfa-10415	76	9	association	association	NOUN
cjfa-10415	76	10	between	between	ADP
cjfa-10415	76	11	banks	bank	NOUN
cjfa-10415	76	12	’	’	PART
cjfa-10415	76	13	size	size	NOUN
cjfa-10415	76	14	and	and	CCONJ
cjfa-10415	76	15	value	value	NOUN
cjfa-10415	76	16	.	.	PUNCT
cjfa-10415	77	1	according	accord	VERB
cjfa-10415	77	2	to	to	ADP
cjfa-10415	77	3	wang	wang	PROPN
cjfa-10415	77	4	(	(	PUNCT
cjfa-10415	77	5	2014	2014	NUM
cjfa-10415	77	6	)	)	PUNCT
cjfa-10415	77	7	the	the	DET
cjfa-10415	77	8	riskiness	riskiness	NOUN
cjfa-10415	77	9	of	of	ADP
cjfa-10415	77	10	banks	bank	NOUN
cjfa-10415	77	11	’	’	PART
cjfa-10415	77	12	operations	operation	NOUN
cjfa-10415	77	13	,	,	PUNCT
cjfa-10415	77	14	(	(	PUNCT
cjfa-10415	77	15	measured	measure	VERB
cjfa-10415	77	16	by	by	ADP
cjfa-10415	77	17	the	the	DET
cjfa-10415	77	18	relations	relation	NOUN
cjfa-10415	77	19	of	of	ADP
cjfa-10415	77	20	derivative	derivative	ADJ
cjfa-10415	77	21	trading	trading	NOUN
cjfa-10415	77	22	and	and	CCONJ
cjfa-10415	77	23	non	non	ADJ
cjfa-10415	77	24	-	-	ADJ
cjfa-10415	77	25	performing	performing	ADJ
cjfa-10415	77	26	loans	loan	NOUN
cjfa-10415	77	27	to	to	ADP
cjfa-10415	77	28	total	total	ADJ
cjfa-10415	77	29	assets	asset	NOUN
cjfa-10415	77	30	)	)	PUNCT
cjfa-10415	77	31	has	have	VERB
cjfa-10415	77	32	negative	negative	ADJ
cjfa-10415	77	33	impact	impact	NOUN
cjfa-10415	77	34	on	on	ADP
cjfa-10415	77	35	value	value	NOUN
cjfa-10415	77	36	.	.	PUNCT
cjfa-10415	78	1	the	the	DET
cjfa-10415	78	2	research	research	NOUN
cjfa-10415	78	3	methodology	methodology	NOUN
cjfa-10415	78	4	and	and	CCONJ
cjfa-10415	78	5	the	the	DET
cjfa-10415	78	6	course	course	NOUN
cjfa-10415	78	7	of	of	ADP
cjfa-10415	78	8	the	the	DET
cjfa-10415	78	9	research	research	NOUN
cjfa-10415	78	10	process	process	NOUN
cjfa-10415	78	11	following	follow	VERB
cjfa-10415	78	12	the	the	DET
cjfa-10415	78	13	research	research	NOUN
cjfa-10415	78	14	framework	framework	NOUN
cjfa-10415	78	15	commonly	commonly	ADV
cjfa-10415	78	16	adopted	adopt	VERB
cjfa-10415	78	17	in	in	ADP
cjfa-10415	78	18	the	the	DET
cjfa-10415	78	19	relevant	relevant	ADJ
cjfa-10415	78	20	literature	literature	NOUN
cjfa-10415	78	21	the	the	DET
cjfa-10415	78	22	present	present	ADJ
cjfa-10415	78	23	study	study	NOUN
cjfa-10415	78	24	attempts	attempt	VERB
cjfa-10415	78	25	to	to	PART
cjfa-10415	78	26	evaluate	evaluate	VERB
cjfa-10415	78	27	empirically	empirically	ADV
cjfa-10415	78	28	the	the	DET
cjfa-10415	78	29	impact	impact	NOUN
cjfa-10415	78	30	of	of	ADP
cjfa-10415	78	31	selected	select	VERB
cjfa-10415	78	32	accounting	accounting	NOUN
cjfa-10415	78	33	-	-	PUNCT
cjfa-10415	78	34	based	base	VERB
cjfa-10415	78	35	value	value	NOUN
cjfa-10415	78	36	drivers	driver	NOUN
cjfa-10415	78	37	on	on	ADP
cjfa-10415	78	38	the	the	DET
cjfa-10415	78	39	charter	charter	NOUN
cjfa-10415	78	40	value	value	NOUN
cjfa-10415	78	41	of	of	ADP
cjfa-10415	78	42	listed	list	VERB
cjfa-10415	78	43	banks	bank	NOUN
cjfa-10415	78	44	in	in	ADP
cjfa-10415	78	45	the	the	DET
cjfa-10415	78	46	polish	polish	ADJ
cjfa-10415	78	47	banking	banking	NOUN
cjfa-10415	78	48	sector	sector	NOUN
cjfa-10415	78	49	.	.	PUNCT
cjfa-10415	79	1	given	give	VERB
cjfa-10415	79	2	the	the	DET
cjfa-10415	79	3	results	result	NOUN
cjfa-10415	79	4	of	of	ADP
cjfa-10415	79	5	the	the	DET
cjfa-10415	79	6	prior	prior	ADJ
cjfa-10415	79	7	studies	study	NOUN
cjfa-10415	79	8	,	,	PUNCT
cjfa-10415	79	9	the	the	DET
cjfa-10415	79	10	following	follow	VERB
cjfa-10415	79	11	hypothesis	hypothesis	NOUN
cjfa-10415	79	12	was	be	AUX
cjfa-10415	79	13	formulated	formulate	VERB
cjfa-10415	79	14	:	:	PUNCT
cjfa-10415	79	15	hypothesis	hypothesis	NOUN
cjfa-10415	79	16	1	1	NUM
cjfa-10415	79	17	.	.	PUNCT
cjfa-10415	79	18	:	:	PUNCT
cjfa-10415	80	1	charter	charter	NOUN
cjfa-10415	80	2	value	value	NOUN
cjfa-10415	80	3	of	of	ADP
cjfa-10415	80	4	banks	bank	NOUN
cjfa-10415	80	5	in	in	ADP
cjfa-10415	80	6	the	the	DET
cjfa-10415	80	7	polish	polish	ADJ
cjfa-10415	80	8	banking	banking	NOUN
cjfa-10415	80	9	sector	sector	NOUN
cjfa-10415	80	10	is	be	AUX
cjfa-10415	80	11	determined	determine	VERB
cjfa-10415	80	12	by	by	ADP
cjfa-10415	80	13	their	their	PRON
cjfa-10415	80	14	size	size	NOUN
cjfa-10415	80	15	,	,	PUNCT
cjfa-10415	80	16	operating	operating	NOUN
cjfa-10415	80	17	efficiency	efficiency	NOUN
cjfa-10415	80	18	,	,	PUNCT
cjfa-10415	80	19	profitability	profitability	NOUN
cjfa-10415	80	20	,	,	PUNCT
cjfa-10415	80	21	net	net	ADJ
cjfa-10415	80	22	cash	cash	NOUN
cjfa-10415	80	23	flow	flow	NOUN
cjfa-10415	80	24	generation	generation	NOUN
cjfa-10415	80	25	capacity	capacity	NOUN
cjfa-10415	80	26	,	,	PUNCT
cjfa-10415	80	27	leverage	leverage	NOUN
cjfa-10415	80	28	,	,	PUNCT
cjfa-10415	80	29	asset	asset	NOUN
cjfa-10415	80	30	liquidity	liquidity	NOUN
cjfa-10415	80	31	,	,	PUNCT
cjfa-10415	80	32	and	and	CCONJ
cjfa-10415	80	33	risk	risk	NOUN
cjfa-10415	80	34	management	management	NOUN
cjfa-10415	80	35	efficiency	efficiency	NOUN
cjfa-10415	80	36	.	.	PUNCT
cjfa-10415	81	1	bank	bank	NOUN
cjfa-10415	81	2	charter	charter	NOUN
cjfa-10415	81	3	value	value	NOUN
cjfa-10415	81	4	is	be	AUX
cjfa-10415	81	5	typically	typically	ADV
cjfa-10415	81	6	proxied	proxie	VERB
cjfa-10415	81	7	by	by	ADP
cjfa-10415	81	8	tobin	tobin	PROPN
cjfa-10415	81	9	’s	’s	PART
cjfa-10415	81	10	q	q	PROPN
cjfa-10415	81	11	(	(	PUNCT
cjfa-10415	81	12	relation	relation	NOUN
cjfa-10415	81	13	of	of	ADP
cjfa-10415	81	14	market	market	NOUN
cjfa-10415	81	15	value	value	NOUN
cjfa-10415	81	16	of	of	ADP
cjfa-10415	81	17	bank	bank	NOUN
cjfa-10415	81	18	’s	’s	PART
cjfa-10415	81	19	assets	asset	NOUN
cjfa-10415	81	20	to	to	ADP
cjfa-10415	81	21	their	their	PRON
cjfa-10415	81	22	book	book	NOUN
cjfa-10415	81	23	value	value	NOUN
cjfa-10415	81	24	):	):	PUNCT
cjfa-10415	81	25	(	(	PUNCT
cjfa-10415	81	26	1	1	X
cjfa-10415	81	27	)	)	PUNCT
cjfa-10415	81	28	where	where	SCONJ
cjfa-10415	81	29	:*	:*	PRON
cjfa-10415	81	30	−	−	PROPN
cjfa-10415	81	31	mve	mve	NOUN
cjfa-10415	81	32	–	–	PUNCT
cjfa-10415	81	33	market	market	NOUN
cjfa-10415	81	34	value	value	NOUN
cjfa-10415	81	35	of	of	ADP
cjfa-10415	81	36	equity	equity	NOUN
cjfa-10415	81	37	,	,	PUNCT
cjfa-10415	81	38	−	−	PROPN
cjfa-10415	81	39	bvl	bvl	ADJ
cjfa-10415	81	40	–	–	PUNCT
cjfa-10415	81	41	book	book	NOUN
cjfa-10415	81	42	value	value	NOUN
cjfa-10415	81	43	of	of	ADP
cjfa-10415	81	44	liabilities	liability	NOUN
cjfa-10415	81	45	(	(	PUNCT
cjfa-10415	81	46	book	book	NOUN
cjfa-10415	81	47	value	value	NOUN
cjfa-10415	81	48	of	of	ADP
cjfa-10415	81	49	assets	asset	NOUN
cjfa-10415	81	50	–	–	PUNCT
cjfa-10415	81	51	book	book	NOUN
cjfa-10415	81	52	value	value	NOUN
cjfa-10415	81	53	of	of	ADP
cjfa-10415	81	54	equity	equity	NOUN
cjfa-10415	81	55	)	)	PUNCT
cjfa-10415	81	56	,	,	PUNCT
cjfa-10415	81	57	−	−	PROPN
cjfa-10415	81	58	bva	bva	NOUN
cjfa-10415	81	59	–	–	PUNCT
cjfa-10415	81	60	book	book	NOUN
cjfa-10415	81	61	value	value	NOUN
cjfa-10415	81	62	of	of	ADP
cjfa-10415	81	63	assets	asset	NOUN
cjfa-10415	81	64	.	.	PUNCT
cjfa-10415	82	1	the	the	DET
cjfa-10415	82	2	selected	select	VERB
cjfa-10415	82	3	bank	bank	NOUN
cjfa-10415	82	4	value	value	NOUN
cjfa-10415	82	5	drivers	driver	NOUN
cjfa-10415	82	6	might	might	AUX
cjfa-10415	82	7	also	also	ADV
cjfa-10415	82	8	be	be	AUX
cjfa-10415	82	9	proxied	proxie	VERB
cjfa-10415	82	10	by	by	ADP
cjfa-10415	82	11	specific	specific	ADJ
cjfa-10415	82	12	accounting	accounting	NOUN
cjfa-10415	82	13	variables	variable	NOUN
cjfa-10415	82	14	available	available	ADJ
cjfa-10415	82	15	in	in	ADP
cjfa-10415	82	16	the	the	DET
cjfa-10415	82	17	banks	bank	NOUN
cjfa-10415	82	18	’	'	PUNCT
cjfa-10415	82	19	financial	financial	ADJ
cjfa-10415	82	20	reports	report	NOUN
cjfa-10415	82	21	(	(	PUNCT
cjfa-10415	82	22	table	table	NOUN
cjfa-10415	82	23	1	1	NUM
cjfa-10415	82	24	.	.	PUNCT
cjfa-10415	82	25	)	)	PUNCT
cjfa-10415	82	26	.	.	PUNCT
cjfa-10415	83	1	table	table	NOUN
cjfa-10415	83	2	1	1	NUM
cjfa-10415	83	3	.	.	PUNCT
cjfa-10415	83	4	accounting	accounting	NOUN
cjfa-10415	83	5	-	-	PUNCT
cjfa-10415	83	6	based	base	VERB
cjfa-10415	83	7	proxies	proxy	NOUN
cjfa-10415	83	8	for	for	ADP
cjfa-10415	83	9	the	the	DET
cjfa-10415	83	10	selected	select	VERB
cjfa-10415	83	11	bank	bank	NOUN
cjfa-10415	83	12	value	value	NOUN
cjfa-10415	83	13	drivers	driver	NOUN
cjfa-10415	83	14	value	value	NOUN
cjfa-10415	83	15	driver	driver	NOUN
cjfa-10415	83	16	accounting	accounting	NOUN
cjfa-10415	83	17	proxy	proxy	NOUN
cjfa-10415	83	18	size	size	NOUN
cjfa-10415	83	19	natural	natural	ADJ
cjfa-10415	83	20	logarithm	logarithm	NOUN
cjfa-10415	83	21	of	of	ADP
cjfa-10415	83	22	total	total	ADJ
cjfa-10415	83	23	assets	asset	NOUN
cjfa-10415	83	24	operating	operate	VERB
cjfa-10415	83	25	efficiency	efficiency	NOUN
cjfa-10415	83	26	c	c	NOUN
cjfa-10415	83	27	/	/	SYM
cjfa-10415	83	28	i	i	PRON
cjfa-10415	84	1	ratio	ratio	NOUN
cjfa-10415	84	2	profitability	profitability	NOUN
cjfa-10415	84	3	roe	roe	NOUN
cjfa-10415	84	4	cash	cash	NOUN
cjfa-10415	84	5	flow	flow	NOUN
cjfa-10415	84	6	generation	generation	NOUN
cjfa-10415	84	7	capacity	capacity	NOUN
cjfa-10415	84	8	net	net	ADJ
cjfa-10415	84	9	cash	cash	NOUN
cjfa-10415	84	10	flows	flow	NOUN
cjfa-10415	84	11	to	to	PART
cjfa-10415	84	12	total	total	ADJ
cjfa-10415	84	13	assets	asset	NOUN
cjfa-10415	84	14	leverage	leverage	NOUN
cjfa-10415	84	15	equity	equity	NOUN
cjfa-10415	84	16	to	to	ADP
cjfa-10415	84	17	total	total	ADJ
cjfa-10415	84	18	assets	asset	NOUN
cjfa-10415	84	19	liquidity	liquidity	NOUN
cjfa-10415	84	20	liquid	liquid	ADJ
cjfa-10415	84	21	assets	asset	NOUN
cjfa-10415	84	22	to	to	ADP
cjfa-10415	84	23	total	total	ADJ
cjfa-10415	84	24	assets	asset	NOUN
cjfa-10415	84	25	risk	risk	NOUN
cjfa-10415	84	26	management	management	NOUN
cjfa-10415	84	27	efficiency	efficiency	NOUN
cjfa-10415	84	28	net	net	ADJ
cjfa-10415	84	29	impairment	impairment	ADJ
cjfa-10415	84	30	provisions	provision	NOUN
cjfa-10415	84	31	to	to	PART
cjfa-10415	84	32	total	total	ADJ
cjfa-10415	84	33	assets	asset	NOUN
cjfa-10415	84	34	source	source	NOUN
cjfa-10415	84	35	:	:	PUNCT
cjfa-10415	84	36	own	own	ADJ
cjfa-10415	84	37	study	study	NOUN
cjfa-10415	84	38	.	.	PUNCT
cjfa-10415	85	1	(	(	PUNCT
cjfa-10415	85	2	1	1	X
cjfa-10415	85	3	)	)	PUNCT
cjfa-10415	85	4	where	where	SCONJ
cjfa-10415	85	5	:*	:*	PRON
cjfa-10415	85	6	−	−	PROPN
cjfa-10415	85	7	mve	mve	NOUN
cjfa-10415	85	8	–	–	PUNCT
cjfa-10415	85	9	market	market	NOUN
cjfa-10415	85	10	value	value	NOUN
cjfa-10415	85	11	of	of	ADP
cjfa-10415	85	12	equity	equity	NOUN
cjfa-10415	85	13	,	,	PUNCT
cjfa-10415	85	14	piotr	piotr	PROPN
cjfa-10415	85	15	bolibok30	bolibok30	PROPN
cjfa-10415	85	16	−	−	PROPN
cjfa-10415	85	17	bvl	bvl	ADJ
cjfa-10415	85	18	–	–	PUNCT
cjfa-10415	85	19	book	book	NOUN
cjfa-10415	85	20	value	value	NOUN
cjfa-10415	85	21	of	of	ADP
cjfa-10415	85	22	liabilities	liability	NOUN
cjfa-10415	85	23	(	(	PUNCT
cjfa-10415	85	24	book	book	NOUN
cjfa-10415	85	25	value	value	NOUN
cjfa-10415	85	26	of	of	ADP
cjfa-10415	85	27	assets	asset	NOUN
cjfa-10415	85	28	–	–	PUNCT
cjfa-10415	85	29	book	book	NOUN
cjfa-10415	85	30	value	value	NOUN
cjfa-10415	85	31	of	of	ADP
cjfa-10415	85	32	equity	equity	NOUN
cjfa-10415	85	33	)	)	PUNCT
cjfa-10415	85	34	,	,	PUNCT
cjfa-10415	85	35	−	−	PROPN
cjfa-10415	85	36	bva	bva	NOUN
cjfa-10415	85	37	–	–	PUNCT
cjfa-10415	85	38	book	book	NOUN
cjfa-10415	85	39	value	value	NOUN
cjfa-10415	85	40	of	of	ADP
cjfa-10415	85	41	assets	asset	NOUN
cjfa-10415	85	42	.	.	PUNCT
cjfa-10415	86	1	the	the	DET
cjfa-10415	86	2	selected	select	VERB
cjfa-10415	86	3	bank	bank	NOUN
cjfa-10415	86	4	value	value	NOUN
cjfa-10415	86	5	drivers	driver	NOUN
cjfa-10415	86	6	might	might	AUX
cjfa-10415	86	7	also	also	ADV
cjfa-10415	86	8	be	be	AUX
cjfa-10415	86	9	proxied	proxie	VERB
cjfa-10415	86	10	by	by	ADP
cjfa-10415	86	11	specific	specific	ADJ
cjfa-10415	86	12	accounting	accounting	NOUN
cjfa-10415	86	13	variables	variable	NOUN
cjfa-10415	86	14	available	available	ADJ
cjfa-10415	86	15	in	in	ADP
cjfa-10415	86	16	the	the	DET
cjfa-10415	86	17	banks	bank	NOUN
cjfa-10415	86	18	’	'	PUNCT
cjfa-10415	86	19	financial	financial	ADJ
cjfa-10415	86	20	reports	report	NOUN
cjfa-10415	86	21	(	(	PUNCT
cjfa-10415	86	22	table	table	NOUN
cjfa-10415	86	23	1	1	NUM
cjfa-10415	86	24	.	.	PUNCT
cjfa-10415	86	25	)	)	PUNCT
cjfa-10415	86	26	.	.	PUNCT
cjfa-10415	87	1	table	table	NOUN
cjfa-10415	87	2	1	1	NUM
cjfa-10415	87	3	.	.	PUNCT
cjfa-10415	87	4	accounting	accounting	NOUN
cjfa-10415	87	5	-	-	PUNCT
cjfa-10415	87	6	based	base	VERB
cjfa-10415	87	7	proxies	proxy	NOUN
cjfa-10415	87	8	for	for	ADP
cjfa-10415	87	9	the	the	DET
cjfa-10415	87	10	selected	select	VERB
cjfa-10415	87	11	bank	bank	NOUN
cjfa-10415	87	12	value	value	NOUN
cjfa-10415	87	13	drivers	driver	NOUN
cjfa-10415	87	14	value	value	NOUN
cjfa-10415	87	15	driver	driver	NOUN
cjfa-10415	87	16	accounting	accounting	NOUN
cjfa-10415	87	17	proxy	proxy	NOUN
cjfa-10415	87	18	size	size	NOUN
cjfa-10415	87	19	natural	natural	ADJ
cjfa-10415	87	20	logarithm	logarithm	NOUN
cjfa-10415	87	21	of	of	ADP
cjfa-10415	87	22	total	total	ADJ
cjfa-10415	87	23	assets	asset	NOUN
cjfa-10415	87	24	operating	operate	VERB
cjfa-10415	87	25	efficiency	efficiency	NOUN
cjfa-10415	87	26	c	c	NOUN
cjfa-10415	87	27	/	/	SYM
cjfa-10415	87	28	i	i	PRON
cjfa-10415	88	1	ratio	ratio	NOUN
cjfa-10415	88	2	profitability	profitability	NOUN
cjfa-10415	88	3	roe	roe	NOUN
cjfa-10415	88	4	cash	cash	NOUN
cjfa-10415	88	5	flow	flow	NOUN
cjfa-10415	88	6	generation	generation	NOUN
cjfa-10415	88	7	capacity	capacity	NOUN
cjfa-10415	88	8	net	net	ADJ
cjfa-10415	88	9	cash	cash	NOUN
cjfa-10415	88	10	flows	flow	NOUN
cjfa-10415	88	11	to	to	PART
cjfa-10415	88	12	total	total	ADJ
cjfa-10415	88	13	assets	asset	NOUN
cjfa-10415	88	14	leverage	leverage	NOUN
cjfa-10415	88	15	equity	equity	NOUN
cjfa-10415	88	16	to	to	ADP
cjfa-10415	88	17	total	total	ADJ
cjfa-10415	88	18	assets	asset	NOUN
cjfa-10415	88	19	liquidity	liquidity	NOUN
cjfa-10415	88	20	liquid	liquid	ADJ
cjfa-10415	88	21	assets	asset	NOUN
cjfa-10415	88	22	to	to	ADP
cjfa-10415	88	23	total	total	ADJ
cjfa-10415	88	24	assets	asset	NOUN
cjfa-10415	88	25	risk	risk	NOUN
cjfa-10415	88	26	management	management	NOUN
cjfa-10415	88	27	efficiency	efficiency	NOUN
cjfa-10415	88	28	net	net	ADJ
cjfa-10415	88	29	impairment	impairment	ADJ
cjfa-10415	88	30	provisions	provision	NOUN
cjfa-10415	88	31	to	to	PART
cjfa-10415	88	32	total	total	VERB
cjfa-10415	88	33	assets	asset	NOUN
cjfa-10415	88	34	s	s	PART
cjfa-10415	88	35	o	o	NOUN
cjfa-10415	88	36	u	u	NOUN
cjfa-10415	88	37	r	r	NOUN
cjfa-10415	88	38	c	c	NOUN
cjfa-10415	88	39	e	e	NOUN
cjfa-10415	88	40	:	:	PUNCT
cjfa-10415	88	41	own	own	ADJ
cjfa-10415	88	42	study	study	NOUN
cjfa-10415	88	43	.	.	PUNCT
cjfa-10415	89	1	in	in	ADP
cjfa-10415	89	2	order	order	NOUN
cjfa-10415	89	3	to	to	PART
cjfa-10415	89	4	test	test	VERB
cjfa-10415	89	5	the	the	DET
cjfa-10415	89	6	formulated	formulated	ADJ
cjfa-10415	89	7	hypothesis	hypothesis	NOUN
cjfa-10415	89	8	the	the	DET
cjfa-10415	89	9	analyses	analysis	NOUN
cjfa-10415	89	10	of	of	ADP
cjfa-10415	89	11	correlation	correlation	NOUN
cjfa-10415	89	12	and	and	CCONJ
cjfa-10415	89	13	multiple	multiple	ADJ
cjfa-10415	89	14	regression	regression	NOUN
cjfa-10415	89	15	were	be	AUX
cjfa-10415	89	16	employed	employ	VERB
cjfa-10415	89	17	.	.	PUNCT
cjfa-10415	90	1	in	in	ADP
cjfa-10415	90	2	the	the	DET
cjfa-10415	90	3	first	first	ADJ
cjfa-10415	90	4	stage	stage	NOUN
cjfa-10415	90	5	of	of	ADP
cjfa-10415	90	6	the	the	DET
cjfa-10415	90	7	research	research	NOUN
cjfa-10415	90	8	the	the	DET
cjfa-10415	90	9	pearson	pearson	PROPN
cjfa-10415	90	10	linear	linear	PROPN
cjfa-10415	90	11	correlation	correlation	NOUN
cjfa-10415	90	12	coefficients	coefficient	NOUN
cjfa-10415	90	13	between	between	ADP
cjfa-10415	90	14	the	the	DET
cjfa-10415	90	15	examined	examine	VERB
cjfa-10415	90	16	variables	variable	NOUN
cjfa-10415	90	17	were	be	AUX
cjfa-10415	90	18	estimated	estimate	VERB
cjfa-10415	90	19	and	and	CCONJ
cjfa-10415	90	20	tested	test	VERB
cjfa-10415	90	21	for	for	ADP
cjfa-10415	90	22	the	the	DET
cjfa-10415	90	23	statistical	statistical	ADJ
cjfa-10415	90	24	significance	significance	NOUN
cjfa-10415	90	25	,	,	PUNCT
cjfa-10415	90	26	whereas	whereas	SCONJ
cjfa-10415	90	27	in	in	ADP
cjfa-10415	90	28	the	the	DET
cjfa-10415	90	29	second	second	ADJ
cjfa-10415	90	30	stage	stage	NOUN
cjfa-10415	90	31	the	the	DET
cjfa-10415	90	32	following	follow	VERB
cjfa-10415	90	33	linear	linear	PROPN
cjfa-10415	90	34	regression	regression	NOUN
cjfa-10415	90	35	model	model	NOUN
cjfa-10415	90	36	was	be	AUX
cjfa-10415	90	37	estimated	estimate	VERB
cjfa-10415	90	38	:	:	PUNCT
cjfa-10415	90	39	in	in	ADP
cjfa-10415	90	40	order	order	NOUN
cjfa-10415	90	41	to	to	PART
cjfa-10415	90	42	test	test	VERB
cjfa-10415	90	43	the	the	DET
cjfa-10415	90	44	formulated	formulated	ADJ
cjfa-10415	90	45	hypothesis	hypothesis	NOUN
cjfa-10415	90	46	the	the	DET
cjfa-10415	90	47	analyses	analysis	NOUN
cjfa-10415	90	48	of	of	ADP
cjfa-10415	90	49	correlation	correlation	NOUN
cjfa-10415	90	50	and	and	CCONJ
cjfa-10415	90	51	multiple	multiple	ADJ
cjfa-10415	90	52	regression	regression	NOUN
cjfa-10415	90	53	were	be	AUX
cjfa-10415	90	54	employed	employ	VERB
cjfa-10415	90	55	.	.	PUNCT
cjfa-10415	91	1	in	in	ADP
cjfa-10415	91	2	the	the	DET
cjfa-10415	91	3	first	first	ADJ
cjfa-10415	91	4	stage	stage	NOUN
cjfa-10415	91	5	of	of	ADP
cjfa-10415	91	6	the	the	DET
cjfa-10415	91	7	research	research	NOUN
cjfa-10415	91	8	the	the	DET
cjfa-10415	91	9	pearson	pearson	PROPN
cjfa-10415	91	10	linear	linear	PROPN
cjfa-10415	91	11	correlation	correlation	NOUN
cjfa-10415	91	12	coefficients	coefficient	NOUN
cjfa-10415	91	13	between	between	ADP
cjfa-10415	91	14	the	the	DET
cjfa-10415	91	15	examined	examine	VERB
cjfa-10415	91	16	variables	variable	NOUN
cjfa-10415	91	17	were	be	AUX
cjfa-10415	91	18	estimated	estimate	VERB
cjfa-10415	91	19	and	and	CCONJ
cjfa-10415	91	20	tested	test	VERB
cjfa-10415	91	21	for	for	ADP
cjfa-10415	91	22	the	the	DET
cjfa-10415	91	23	statistical	statistical	ADJ
cjfa-10415	91	24	significance	significance	NOUN
cjfa-10415	91	25	,	,	PUNCT
cjfa-10415	91	26	whereas	whereas	SCONJ
cjfa-10415	91	27	in	in	ADP
cjfa-10415	91	28	the	the	DET
cjfa-10415	91	29	second	second	ADJ
cjfa-10415	91	30	stage	stage	NOUN
cjfa-10415	91	31	the	the	DET
cjfa-10415	91	32	following	follow	VERB
cjfa-10415	91	33	linear	linear	PROPN
cjfa-10415	91	34	regression	regression	NOUN
cjfa-10415	91	35	model	model	NOUN
cjfa-10415	91	36	was	be	AUX
cjfa-10415	91	37	estimated	estimate	VERB
cjfa-10415	91	38	:	:	PUNCT
cjfa-10415	91	39	�	�	PROPN
cjfa-10415	91	40	�	�	PROPN
cjfa-10415	91	41	�	�	PROPN
cjfa-10415	91	42	�	�	PROPN
cjfa-10415	91	43	�	�	PROPN
cjfa-10415	91	44	�	�	PROPN
cjfa-10415	91	45	�	�	PROPN
cjfa-10415	91	46	�	�	PROPN
cjfa-10415	91	47	�	�	PROPN
cjfa-10415	91	48	�	�	PROPN
cjfa-10415	91	49	�	�	PROPN
cjfa-10415	91	50	�	�	PROPN
cjfa-10415	91	51	�	�	PROPN
cjfa-10415	91	52	�	�	PROPN
cjfa-10415	91	53	�	�	PROPN
cjfa-10415	91	54	�	�	PROPN
cjfa-10415	91	55	�	�	PROPN
cjfa-10415	91	56	ln	ln	PROPN
cjfa-10415	91	57	�	�	PROPN
cjfa-10415	91	58	�	�	PROPN
cjfa-10415	91	59	�	�	PROPN
cjfa-10415	91	60	�	�	PROPN
cjfa-10415	91	61	�	�	PROPN
cjfa-10415	91	62	�	�	PROPN
cjfa-10415	91	63	�	�	PROPN
cjfa-10415	91	64	�	�	PROPN
cjfa-10415	91	65	�	�	PROPN
cjfa-10415	91	66	�	�	PROPN
cjfa-10415	91	67	�	�	PROPN
cjfa-10415	91	68	�	�	PROPN
cjfa-10415	91	69	�	�	PROPN
cjfa-10415	91	70	�	�	PROPN
cjfa-10415	91	71	�	�	PROPN
cjfa-10415	91	72	�	�	PROPN
cjfa-10415	91	73	�	�	PROPN
cjfa-10415	91	74	�	�	PROPN
cjfa-10415	91	75	�	�	PROPN
cjfa-10415	91	76	�	�	PROPN
cjfa-10415	91	77	�	�	PROPN
cjfa-10415	91	78	�	�	PROPN
cjfa-10415	91	79	�	�	PROPN
cjfa-10415	91	80	�	�	PROPN
cjfa-10415	91	81	�	�	PROPN
cjfa-10415	91	82	�	�	PROPN
cjfa-10415	91	83	�	�	PROPN
cjfa-10415	91	84	�	�	PROPN
cjfa-10415	91	85	�	�	PROPN
cjfa-10415	91	86	�	�	PROPN
cjfa-10415	91	87	�	�	PROPN
cjfa-10415	91	88	�	�	PROPN
cjfa-10415	91	89	�	�	PROPN
cjfa-10415	91	90	�	�	PROPN
cjfa-10415	91	91	�	�	PROPN
cjfa-10415	91	92	�	�	PROPN
cjfa-10415	91	93	�	�	PROPN
cjfa-10415	91	94	�	�	PROPN
cjfa-10415	91	95	�	�	PROPN
cjfa-10415	91	96	�	�	PROPN
cjfa-10415	91	97	�	�	PROPN
cjfa-10415	91	98	�	�	PROPN
cjfa-10415	91	99	�	�	PROPN
cjfa-10415	91	100	�	�	PROPN
cjfa-10415	91	101	�	�	PROPN
cjfa-10415	91	102	�	�	PROPN
cjfa-10415	91	103	�	�	PROPN
cjfa-10415	91	104	�	�	PROPN
cjfa-10415	91	105	�	�	PROPN
cjfa-10415	91	106	�	�	PROPN
cjfa-10415	91	107	�	�	PROPN
cjfa-10415	91	108	�	�	PROPN
cjfa-10415	91	109	�	�	PROPN
cjfa-10415	91	110	�	�	PROPN
cjfa-10415	91	111	�	�	PROPN
cjfa-10415	91	112	�	�	PROPN
cjfa-10415	91	113	�	�	PROPN
cjfa-10415	91	114	�	�	PROPN
cjfa-10415	91	115	�	�	PROPN
cjfa-10415	91	116	�	�	PROPN
cjfa-10415	91	117	�	�	PROPN
cjfa-10415	91	118	�	�	PROPN
cjfa-10415	91	119	�	�	PROPN
cjfa-10415	91	120	�	�	PROPN
cjfa-10415	91	121	�	�	PROPN
cjfa-10415	91	122	(	(	PUNCT
cjfa-10415	91	123	2	2	NUM
cjfa-10415	91	124	)	)	PUNCT
cjfa-10415	91	125	where	where	SCONJ
cjfa-10415	91	126	:	:	PUNCT
cjfa-10415	91	127	−	−	PROPN
cjfa-10415	91	128	tobin	tobin	PROPN
cjfa-10415	91	129	’s	’s	PART
cjfa-10415	91	130	qit	qit	PROPN
cjfa-10415	91	131	–	–	PUNCT
cjfa-10415	91	132	tobin	tobin	PROPN
cjfa-10415	91	133	’s	’s	PART
cjfa-10415	91	134	q	q	PROPN
cjfa-10415	91	135	of	of	ADP
cjfa-10415	91	136	bank	bank	NOUN
cjfa-10415	91	137	i	i	PRON
cjfa-10415	91	138	at	at	ADP
cjfa-10415	91	139	the	the	DET
cjfa-10415	91	140	end	end	NOUN
cjfa-10415	91	141	of	of	ADP
cjfa-10415	91	142	year	year	NOUN
cjfa-10415	91	143	t	t	PROPN
cjfa-10415	91	144	,	,	PUNCT
cjfa-10415	91	145	as	as	SCONJ
cjfa-10415	91	146	given	give	VERB
cjfa-10415	91	147	by	by	ADP
cjfa-10415	91	148	the	the	DET
cjfa-10415	91	149	formula	formula	NOUN
cjfa-10415	91	150	(	(	PUNCT
cjfa-10415	91	151	1	1	NUM
cjfa-10415	91	152	)	)	PUNCT
cjfa-10415	91	153	,	,	PUNCT
cjfa-10415	91	154	−	−	PROPN
cjfa-10415	91	155	ln(ta	ln(ta	PROPN
cjfa-10415	91	156	)	)	PUNCT
cjfa-10415	91	157	–	–	PUNCT
cjfa-10415	91	158	natural	natural	ADJ
cjfa-10415	91	159	logarithm	logarithm	NOUN
cjfa-10415	91	160	of	of	ADP
cjfa-10415	91	161	total	total	ADJ
cjfa-10415	91	162	assets	asset	NOUN
cjfa-10415	91	163	of	of	ADP
cjfa-10415	91	164	bank	bank	NOUN
cjfa-10415	91	165	i	i	PRON
cjfa-10415	91	166	at	at	ADP
cjfa-10415	91	167	the	the	DET
cjfa-10415	91	168	end	end	NOUN
cjfa-10415	91	169	of	of	ADP
cjfa-10415	91	170	year	year	NOUN
cjfa-10415	91	171	t	t	PROPN
cjfa-10415	91	172	,	,	PUNCT
cjfa-10415	91	173	−	−	PROPN
cjfa-10415	91	174	c	c	X
cjfa-10415	91	175	/	/	SYM
cjfa-10415	91	176	iit	iit	PROPN
cjfa-10415	91	177	–	–	PUNCT
cjfa-10415	91	178	operating	operate	VERB
cjfa-10415	91	179	expenses	expense	NOUN
cjfa-10415	91	180	to	to	ADP
cjfa-10415	91	181	interest	interest	NOUN
cjfa-10415	91	182	,	,	PUNCT
cjfa-10415	91	183	fee	fee	NOUN
cjfa-10415	91	184	and	and	CCONJ
cjfa-10415	91	185	provision	provision	NOUN
cjfa-10415	91	186	income	income	NOUN
cjfa-10415	91	187	of	of	ADP
cjfa-10415	91	188	bank	bank	NOUN
cjfa-10415	91	189	i	i	PRON
cjfa-10415	91	190	in	in	ADP
cjfa-10415	91	191	the	the	DET
cjfa-10415	91	192	year	year	NOUN
cjfa-10415	91	193	t	t	PROPN
cjfa-10415	91	194	,	,	PUNCT
cjfa-10415	91	195	−	−	PRON
cjfa-10415	91	196	roeit	roeit	NOUN
cjfa-10415	91	197	–	–	PUNCT
cjfa-10415	91	198	return	return	NOUN
cjfa-10415	91	199	on	on	ADP
cjfa-10415	91	200	equity	equity	NOUN
cjfa-10415	91	201	of	of	ADP
cjfa-10415	91	202	bank	bank	PROPN
cjfa-10415	91	203	i	i	PRON
cjfa-10415	91	204	in	in	ADP
cjfa-10415	91	205	the	the	DET
cjfa-10415	91	206	year	year	NOUN
cjfa-10415	91	207	t	t	PROPN
cjfa-10415	91	208	,	,	PUNCT
cjfa-10415	91	209	−	−	PROPN
cjfa-10415	91	210	ncf	ncf	PROPN
cjfa-10415	91	211	/	/	SYM
cjfa-10415	91	212	tait	tait	PROPN
cjfa-10415	91	213	–	–	PUNCT
cjfa-10415	91	214	net	net	ADJ
cjfa-10415	91	215	cash	cash	NOUN
cjfa-10415	91	216	flow	flow	NOUN
cjfa-10415	91	217	to	to	ADP
cjfa-10415	91	218	total	total	ADJ
cjfa-10415	91	219	assets	asset	NOUN
cjfa-10415	91	220	of	of	ADP
cjfa-10415	91	221	bank	bank	NOUN
cjfa-10415	91	222	i	i	PRON
cjfa-10415	91	223	in	in	ADP
cjfa-10415	91	224	the	the	DET
cjfa-10415	91	225	year	year	NOUN
cjfa-10415	91	226	t	t	PROPN
cjfa-10415	91	227	,	,	PUNCT
cjfa-10415	91	228	−	−	PROPN
cjfa-10415	91	229	e	e	X
cjfa-10415	91	230	/	/	SYM
cjfa-10415	91	231	tait	tait	X
cjfa-10415	91	232	–	–	PUNCT
cjfa-10415	91	233	equity	equity	NOUN
cjfa-10415	91	234	to	to	ADP
cjfa-10415	91	235	total	total	ADJ
cjfa-10415	91	236	assets	asset	NOUN
cjfa-10415	91	237	of	of	ADP
cjfa-10415	91	238	bank	bank	NOUN
cjfa-10415	91	239	i	i	PRON
cjfa-10415	91	240	at	at	ADP
cjfa-10415	91	241	the	the	DET
cjfa-10415	91	242	end	end	NOUN
cjfa-10415	91	243	of	of	ADP
cjfa-10415	91	244	year	year	NOUN
cjfa-10415	91	245	t	t	PROPN
cjfa-10415	91	246	,	,	PUNCT
cjfa-10415	91	247	−	−	PROPN
cjfa-10415	91	248	la	la	PROPN
cjfa-10415	91	249	/	/	SYM
cjfa-10415	91	250	tait	tait	PROPN
cjfa-10415	91	251	–	–	PUNCT
cjfa-10415	91	252	liquid	liquid	ADJ
cjfa-10415	91	253	(	(	PUNCT
cjfa-10415	91	254	current	current	ADJ
cjfa-10415	91	255	)	)	PUNCT
cjfa-10415	91	256	assets	asset	NOUN
cjfa-10415	91	257	to	to	PART
cjfa-10415	91	258	total	total	ADJ
cjfa-10415	91	259	assets	asset	NOUN
cjfa-10415	91	260	of	of	ADP
cjfa-10415	91	261	bank	bank	NOUN
cjfa-10415	91	262	i	i	PRON
cjfa-10415	91	263	at	at	ADP
cjfa-10415	91	264	the	the	DET
cjfa-10415	91	265	end	end	NOUN
cjfa-10415	91	266	of	of	ADP
cjfa-10415	91	267	year	year	NOUN
cjfa-10415	91	268	t	t	PROPN
cjfa-10415	91	269	,	,	PUNCT
cjfa-10415	91	270	−	−	PRON
cjfa-10415	91	271	ip	ip	PROPN
cjfa-10415	91	272	/	/	SYM
cjfa-10415	91	273	tait	tait	X
cjfa-10415	91	274	–	–	PUNCT
cjfa-10415	91	275	net	net	ADJ
cjfa-10415	91	276	impairment	impairment	ADJ
cjfa-10415	91	277	provisions	provision	NOUN
cjfa-10415	91	278	to	to	ADP
cjfa-10415	91	279	total	total	ADJ
cjfa-10415	91	280	assets	asset	NOUN
cjfa-10415	91	281	of	of	ADP
cjfa-10415	91	282	bank	bank	NOUN
cjfa-10415	91	283	i	i	PRON
cjfa-10415	91	284	in	in	ADP
cjfa-10415	91	285	the	the	DET
cjfa-10415	91	286	year	year	NOUN
cjfa-10415	91	287	t	t	PROPN
cjfa-10415	91	288	,	,	PUNCT
cjfa-10415	91	289	−	−	PROPN
cjfa-10415	91	290	α0	α0	ADJ
cjfa-10415	91	291	–	–	PUNCT
cjfa-10415	91	292	intercept	intercept	NOUN
cjfa-10415	91	293	,	,	PUNCT
cjfa-10415	91	294	−	−	PROPN
cjfa-10415	91	295	α1	α1	PROPN
cjfa-10415	91	296	,	,	PUNCT
cjfa-10415	91	297	α2	α2	ADJ
cjfa-10415	91	298	,	,	PUNCT
cjfa-10415	91	299	…	…	PUNCT
cjfa-10415	91	300	α7	α7	NOUN
cjfa-10415	91	301	–	–	PUNCT
cjfa-10415	91	302	regression	regression	NOUN
cjfa-10415	91	303	coefficients	coefficient	NOUN
cjfa-10415	91	304	,	,	PUNCT
cjfa-10415	91	305	−	−	PROPN
cjfa-10415	91	306	εt	εt	INTJ
cjfa-10415	91	307	–	–	PUNCT
cjfa-10415	91	308	error	error	NOUN
cjfa-10415	91	309	term	term	NOUN
cjfa-10415	91	310	.	.	PUNCT
cjfa-10415	92	1	the	the	DET
cjfa-10415	92	2	estimate	estimate	NOUN
cjfa-10415	92	3	of	of	ADP
cjfa-10415	92	4	the	the	DET
cjfa-10415	92	5	coefficient	coefficient	NOUN
cjfa-10415	92	6	for	for	ADP
cjfa-10415	92	7	c	c	PROPN
cjfa-10415	92	8	/	/	SYM
cjfa-10415	92	9	i	i	PRON
cjfa-10415	92	10	ratio	ratio	NOUN
cjfa-10415	92	11	is	be	AUX
cjfa-10415	92	12	expected	expect	VERB
cjfa-10415	92	13	to	to	PART
cjfa-10415	92	14	be	be	AUX
cjfa-10415	92	15	negative	negative	ADJ
cjfa-10415	92	16	while	while	SCONJ
cjfa-10415	92	17	the	the	DET
cjfa-10415	92	18	one	one	NOUN
cjfa-10415	92	19	for	for	ADP
cjfa-10415	92	20	roe	roe	NOUN
cjfa-10415	92	21	should	should	AUX
cjfa-10415	92	22	be	be	AUX
cjfa-10415	92	23	positive	positive	ADJ
cjfa-10415	92	24	.	.	PUNCT
cjfa-10415	93	1	as	as	ADP
cjfa-10415	93	2	for	for	ADP
cjfa-10415	93	3	the	the	DET
cjfa-10415	93	4	other	other	ADJ
cjfa-10415	93	5	explanatory	explanatory	ADJ
cjfa-10415	93	6	variables	variable	NOUN
cjfa-10415	93	7	,	,	PUNCT
cjfa-10415	93	8	the	the	DET
cjfa-10415	93	9	mixed	mixed	ADJ
cjfa-10415	93	10	results	result	NOUN
cjfa-10415	93	11	of	of	ADP
cjfa-10415	93	12	the	the	DET
cjfa-10415	93	13	prior	prior	ADJ
cjfa-10415	93	14	studies	study	NOUN
cjfa-10415	93	15	make	make	VERB
cjfa-10415	93	16	it	it	PRON
cjfa-10415	93	17	much	much	ADV
cjfa-10415	93	18	harder	hard	ADV
cjfa-10415	93	19	to	to	PART
cjfa-10415	93	20	predict	predict	VERB
cjfa-10415	93	21	the	the	DET
cjfa-10415	93	22	expected	expect	VERB
cjfa-10415	93	23	outcomes	outcome	NOUN
cjfa-10415	93	24	.	.	PUNCT
cjfa-10415	94	1	given	give	VERB
cjfa-10415	94	2	the	the	DET
cjfa-10415	94	3	relatively	relatively	ADV
cjfa-10415	94	4	small	small	ADJ
cjfa-10415	94	5	size	size	NOUN
cjfa-10415	94	6	of	of	ADP
cjfa-10415	94	7	the	the	DET
cjfa-10415	94	8	banks	bank	NOUN
cjfa-10415	94	9	examined	examine	VERB
cjfa-10415	94	10	in	in	ADP
cjfa-10415	94	11	the	the	DET
cjfa-10415	94	12	present	present	ADJ
cjfa-10415	94	13	study	study	NOUN
cjfa-10415	94	14	and	and	CCONJ
cjfa-10415	94	15	following	follow	VERB
cjfa-10415	94	16	the	the	DET
cjfa-10415	94	17	findings	finding	NOUN
cjfa-10415	94	18	of	of	ADP
cjfa-10415	94	19	de	de	X
cjfa-10415	94	20	nicoló	nicoló	PROPN
cjfa-10415	94	21	(	(	PUNCT
cjfa-10415	94	22	2000	2000	NUM
cjfa-10415	94	23	)	)	PUNCT
cjfa-10415	94	24	,	,	PUNCT
cjfa-10415	94	25	one	one	PRON
cjfa-10415	94	26	can	can	AUX
cjfa-10415	94	27	expect	expect	VERB
cjfa-10415	94	28	a	a	DET
cjfa-10415	94	29	positive	positive	ADJ
cjfa-10415	94	30	impact	impact	NOUN
cjfa-10415	94	31	of	of	ADP
cjfa-10415	94	32	size	size	NOUN
cjfa-10415	94	33	on	on	ADP
cjfa-10415	94	34	the	the	DET
cjfa-10415	94	35	charter	charter	NOUN
cjfa-10415	94	36	values	value	NOUN
cjfa-10415	94	37	.	.	PUNCT
cjfa-10415	95	1	additionally	additionally	ADV
cjfa-10415	95	2	,	,	PUNCT
cjfa-10415	95	3	the	the	DET
cjfa-10415	95	4	fact	fact	NOUN
cjfa-10415	95	5	that	that	SCONJ
cjfa-10415	95	6	banks	bank	NOUN
cjfa-10415	95	7	operate	operate	VERB
cjfa-10415	95	8	in	in	ADP
cjfa-10415	95	9	a	a	DET
cjfa-10415	95	10	strictly	strictly	ADV
cjfa-10415	95	11	regulated	regulate	VERB
cjfa-10415	95	12	and	and	CCONJ
cjfa-10415	95	13	supervised	supervise	VERB
cjfa-10415	95	14	market	market	NOUN
cjfa-10415	95	15	setting	setting	NOUN
cjfa-10415	95	16	,	,	PUNCT
cjfa-10415	95	17	might	might	AUX
cjfa-10415	95	18	lead	lead	VERB
cjfa-10415	95	19	the	the	DET
cjfa-10415	95	20	equity	equity	NOUN
cjfa-10415	95	21	investors	investor	NOUN
cjfa-10415	95	22	to	to	PART
cjfa-10415	95	23	focus	focus	VERB
cjfa-10415	95	24	mostly	mostly	ADV
cjfa-10415	95	25	on	on	ADP
cjfa-10415	95	26	banks	bank	NOUN
cjfa-10415	95	27	’	'	PUNCT
cjfa-10415	95	28	performance	performance	NOUN
cjfa-10415	95	29	,	,	PUNCT
cjfa-10415	95	30	relying	rely	VERB
cjfa-10415	95	31	on	on	ADP
cjfa-10415	95	32	the	the	DET
cjfa-10415	95	33	too	too	ADV
cjfa-10415	95	34	-	-	PUNCT
cjfa-10415	95	35	big	big	ADJ
cjfa-10415	95	36	-	-	PUNCT
cjfa-10415	95	37	to	to	ADP
cjfa-10415	95	38	-	-	PUNCT
cjfa-10415	95	39	fail	fail	VERB
cjfa-10415	95	40	principle	principle	NOUN
cjfa-10415	95	41	,	,	PUNCT
cjfa-10415	95	42	which	which	PRON
cjfa-10415	95	43	might	might	AUX
cjfa-10415	95	44	result	result	VERB
cjfa-10415	95	45	in	in	ADP
cjfa-10415	95	46	presumably	presumably	ADV
cjfa-10415	95	47	negative	negative	ADJ
cjfa-10415	95	48	associations	association	NOUN
cjfa-10415	95	49	between	between	ADP
cjfa-10415	95	50	banks	bank	NOUN
cjfa-10415	95	51	’	’	PART
cjfa-10415	95	52	charter	charter	NOUN
cjfa-10415	95	53	values	value	NOUN
cjfa-10415	95	54	and	and	CCONJ
cjfa-10415	95	55	both	both	DET
cjfa-10415	95	56	e	e	NOUN
cjfa-10415	95	57	/	/	SYM
cjfa-10415	95	58	ta	ta	PROPN
cjfa-10415	95	59	and	and	CCONJ
cjfa-10415	95	60	la	la	PROPN
cjfa-10415	95	61	/	/	SYM
cjfa-10415	95	62	ta	ta	PROPN
cjfa-10415	95	63	ratios	ratio	NOUN
cjfa-10415	95	64	.	.	PUNCT
cjfa-10415	96	1	finally	finally	ADV
cjfa-10415	96	2	,	,	PUNCT
cjfa-10415	96	3	the	the	DET
cjfa-10415	96	4	ability	ability	NOUN
cjfa-10415	96	5	to	to	PART
cjfa-10415	96	6	generate	generate	VERB
cjfa-10415	96	7	cash	cash	NOUN
cjfa-10415	96	8	inflows	inflow	NOUN
cjfa-10415	96	9	should	should	AUX
cjfa-10415	96	10	positively	positively	ADV
cjfa-10415	96	11	affect	affect	VERB
cjfa-10415	96	12	banks	bank	NOUN
cjfa-10415	96	13	’	’	PART
cjfa-10415	96	14	charter	charter	NOUN
cjfa-10415	96	15	values	value	NOUN
cjfa-10415	96	16	,	,	PUNCT
cjfa-10415	96	17	while	while	SCONJ
cjfa-10415	96	18	higher	high	ADJ
cjfa-10415	96	19	impairment	impairment	ADJ
cjfa-10415	96	20	provisions	provision	NOUN
cjfa-10415	96	21	are	be	AUX
cjfa-10415	96	22	likely	likely	ADJ
cjfa-10415	96	23	to	to	PART
cjfa-10415	96	24	cause	cause	VERB
cjfa-10415	96	25	an	an	DET
cjfa-10415	96	26	exactly	exactly	ADV
cjfa-10415	96	27	opposite	opposite	ADJ
cjfa-10415	96	28	effect	effect	NOUN
cjfa-10415	96	29	.	.	PUNCT
cjfa-10415	97	1	therefore	therefore	ADV
cjfa-10415	97	2	,	,	PUNCT
cjfa-10415	97	3	the	the	DET
cjfa-10415	97	4	estimates	estimate	NOUN
cjfa-10415	97	5	of	of	ADP
cjfa-10415	97	6	the	the	DET
cjfa-10415	97	7	coefficients	coefficient	NOUN
cjfa-10415	97	8	α4	α4	NOUN
cjfa-10415	97	9	and	and	CCONJ
cjfa-10415	97	10	α7	α7	NOUN
cjfa-10415	97	11	are	be	AUX
cjfa-10415	97	12	expected	expect	VERB
cjfa-10415	97	13	to	to	PART
cjfa-10415	97	14	be	be	AUX
cjfa-10415	97	15	positive	positive	ADJ
cjfa-10415	97	16	and	and	CCONJ
cjfa-10415	97	17	negative	negative	ADJ
cjfa-10415	97	18	,	,	PUNCT
cjfa-10415	97	19	respectively	respectively	ADV
cjfa-10415	97	20	.	.	PUNCT
cjfa-10415	98	1	the	the	DET
cjfa-10415	98	2	data	datum	NOUN
cjfa-10415	98	3	used	use	VERB
cjfa-10415	98	4	in	in	ADP
cjfa-10415	98	5	the	the	DET
cjfa-10415	98	6	analysis	analysis	NOUN
cjfa-10415	98	7	covered	cover	VERB
cjfa-10415	98	8	all	all	DET
cjfa-10415	98	9	domestically	domestically	ADV
cjfa-10415	98	10	-	-	PUNCT
cjfa-10415	98	11	based	base	VERB
cjfa-10415	98	12	commercial	commercial	ADJ
cjfa-10415	98	13	banks	bank	NOUN
cjfa-10415	98	14	listed	list	VERB
cjfa-10415	98	15	on	on	ADP
cjfa-10415	98	16	the	the	DET
cjfa-10415	98	17	warsaw	warsaw	PROPN
cjfa-10415	98	18	stock	stock	PROPN
cjfa-10415	98	19	exchange	exchange	PROPN
cjfa-10415	98	20	over	over	ADP
cjfa-10415	98	21	the	the	DET
cjfa-10415	98	22	period	period	NOUN
cjfa-10415	98	23	1997	1997	NUM
cjfa-10415	98	24	-	-	SYM
cjfa-10415	98	25	2014	2014	NUM
cjfa-10415	98	26	.	.	PUNCT
cjfa-10415	99	1	given	give	VERB
cjfa-10415	99	2	the	the	DET
cjfa-10415	99	3	mergers	merger	NOUN
cjfa-10415	99	4	and	and	CCONJ
cjfa-10415	99	5	in	in	ADP
cjfa-10415	99	6	order	order	NOUN
cjfa-10415	99	7	to	to	PART
cjfa-10415	99	8	test	test	VERB
cjfa-10415	99	9	the	the	DET
cjfa-10415	99	10	formulated	formulated	ADJ
cjfa-10415	99	11	hypothesis	hypothesis	NOUN
cjfa-10415	99	12	the	the	DET
cjfa-10415	99	13	analyses	analysis	NOUN
cjfa-10415	99	14	of	of	ADP
cjfa-10415	99	15	correlation	correlation	NOUN
cjfa-10415	99	16	and	and	CCONJ
cjfa-10415	99	17	multiple	multiple	ADJ
cjfa-10415	99	18	regression	regression	NOUN
cjfa-10415	99	19	were	be	AUX
cjfa-10415	99	20	employed	employ	VERB
cjfa-10415	99	21	.	.	PUNCT
cjfa-10415	100	1	in	in	ADP
cjfa-10415	100	2	the	the	DET
cjfa-10415	100	3	first	first	ADJ
cjfa-10415	100	4	stage	stage	NOUN
cjfa-10415	100	5	of	of	ADP
cjfa-10415	100	6	the	the	DET
cjfa-10415	100	7	research	research	NOUN
cjfa-10415	100	8	the	the	DET
cjfa-10415	100	9	pearson	pearson	PROPN
cjfa-10415	100	10	linear	linear	PROPN
cjfa-10415	100	11	correlation	correlation	NOUN
cjfa-10415	100	12	coefficients	coefficient	NOUN
cjfa-10415	100	13	between	between	ADP
cjfa-10415	100	14	the	the	DET
cjfa-10415	100	15	examined	examine	VERB
cjfa-10415	100	16	variables	variable	NOUN
cjfa-10415	100	17	were	be	AUX
cjfa-10415	100	18	estimated	estimate	VERB
cjfa-10415	100	19	and	and	CCONJ
cjfa-10415	100	20	tested	test	VERB
cjfa-10415	100	21	for	for	ADP
cjfa-10415	100	22	the	the	DET
cjfa-10415	100	23	statistical	statistical	ADJ
cjfa-10415	100	24	significance	significance	NOUN
cjfa-10415	100	25	,	,	PUNCT
cjfa-10415	100	26	whereas	whereas	SCONJ
cjfa-10415	100	27	in	in	ADP
cjfa-10415	100	28	the	the	DET
cjfa-10415	100	29	second	second	ADJ
cjfa-10415	100	30	stage	stage	NOUN
cjfa-10415	100	31	the	the	DET
cjfa-10415	100	32	following	follow	VERB
cjfa-10415	100	33	linear	linear	PROPN
cjfa-10415	100	34	regression	regression	NOUN
cjfa-10415	100	35	model	model	NOUN
cjfa-10415	100	36	was	be	AUX
cjfa-10415	100	37	estimated	estimate	VERB
cjfa-10415	100	38	:	:	PUNCT
cjfa-10415	100	39	�	�	PROPN
cjfa-10415	100	40	�	�	PROPN
cjfa-10415	100	41	�	�	PROPN
cjfa-10415	100	42	�	�	PROPN
cjfa-10415	100	43	�	�	PROPN
cjfa-10415	100	44	�	�	PROPN
cjfa-10415	100	45	�	�	PROPN
cjfa-10415	100	46	�	�	PROPN
cjfa-10415	100	47	�	�	PROPN
cjfa-10415	100	48	�	�	PROPN
cjfa-10415	100	49	�	�	PROPN
cjfa-10415	100	50	�	�	PROPN
cjfa-10415	100	51	�	�	PROPN
cjfa-10415	100	52	�	�	PROPN
cjfa-10415	100	53	�	�	PROPN
cjfa-10415	100	54	�	�	PROPN
cjfa-10415	100	55	�	�	PROPN
cjfa-10415	100	56	ln	ln	PROPN
cjfa-10415	100	57	�	�	PROPN
cjfa-10415	100	58	�	�	PROPN
cjfa-10415	100	59	�	�	PROPN
cjfa-10415	100	60	�	�	PROPN
cjfa-10415	100	61	�	�	PROPN
cjfa-10415	100	62	�	�	PROPN
cjfa-10415	100	63	�	�	PROPN
cjfa-10415	100	64	�	�	PROPN
cjfa-10415	100	65	�	�	PROPN
cjfa-10415	100	66	�	�	PROPN
cjfa-10415	100	67	�	�	PROPN
cjfa-10415	100	68	�	�	PROPN
cjfa-10415	100	69	�	�	PROPN
cjfa-10415	100	70	�	�	PROPN
cjfa-10415	100	71	�	�	PROPN
cjfa-10415	100	72	�	�	PROPN
cjfa-10415	100	73	�	�	PROPN
cjfa-10415	100	74	�	�	PROPN
cjfa-10415	100	75	�	�	PROPN
cjfa-10415	100	76	�	�	PROPN
cjfa-10415	100	77	�	�	PROPN
cjfa-10415	100	78	�	�	PROPN
cjfa-10415	100	79	�	�	PROPN
cjfa-10415	100	80	�	�	PROPN
cjfa-10415	100	81	�	�	PROPN
cjfa-10415	100	82	�	�	PROPN
cjfa-10415	100	83	�	�	PROPN
cjfa-10415	100	84	�	�	PROPN
cjfa-10415	100	85	�	�	PROPN
cjfa-10415	100	86	�	�	PROPN
cjfa-10415	100	87	�	�	PROPN
cjfa-10415	100	88	�	�	PROPN
cjfa-10415	100	89	�	�	PROPN
cjfa-10415	100	90	�	�	PROPN
cjfa-10415	100	91	�	�	PROPN
cjfa-10415	100	92	�	�	PROPN
cjfa-10415	100	93	�	�	PROPN
cjfa-10415	100	94	�	�	PROPN
cjfa-10415	100	95	�	�	PROPN
cjfa-10415	100	96	�	�	PROPN
cjfa-10415	100	97	�	�	PROPN
cjfa-10415	100	98	�	�	PROPN
cjfa-10415	100	99	�	�	PROPN
cjfa-10415	100	100	�	�	PROPN
cjfa-10415	100	101	�	�	PROPN
cjfa-10415	100	102	�	�	PROPN
cjfa-10415	100	103	�	�	PROPN
cjfa-10415	100	104	�	�	PROPN
cjfa-10415	100	105	�	�	PROPN
cjfa-10415	100	106	�	�	PROPN
cjfa-10415	100	107	�	�	PROPN
cjfa-10415	100	108	�	�	PROPN
cjfa-10415	100	109	�	�	PROPN
cjfa-10415	100	110	�	�	PROPN
cjfa-10415	100	111	�	�	PROPN
cjfa-10415	100	112	�	�	PROPN
cjfa-10415	100	113	�	�	PROPN
cjfa-10415	100	114	�	�	PROPN
cjfa-10415	100	115	�	�	PROPN
cjfa-10415	100	116	�	�	PROPN
cjfa-10415	100	117	�	�	PROPN
cjfa-10415	100	118	�	�	PROPN
cjfa-10415	100	119	�	�	PROPN
cjfa-10415	100	120	�	�	PROPN
cjfa-10415	100	121	�	�	PROPN
cjfa-10415	100	122	(	(	PUNCT
cjfa-10415	100	123	2	2	NUM
cjfa-10415	100	124	)	)	PUNCT
cjfa-10415	100	125	where	where	SCONJ
cjfa-10415	100	126	:	:	PUNCT
cjfa-10415	100	127	−	−	PROPN
cjfa-10415	100	128	tobin	tobin	PROPN
cjfa-10415	100	129	’s	’s	PART
cjfa-10415	100	130	qit	qit	PROPN
cjfa-10415	100	131	–	–	PUNCT
cjfa-10415	100	132	tobin	tobin	PROPN
cjfa-10415	100	133	’s	’s	PART
cjfa-10415	100	134	q	q	PROPN
cjfa-10415	100	135	of	of	ADP
cjfa-10415	100	136	bank	bank	NOUN
cjfa-10415	100	137	i	i	PRON
cjfa-10415	100	138	at	at	ADP
cjfa-10415	100	139	the	the	DET
cjfa-10415	100	140	end	end	NOUN
cjfa-10415	100	141	of	of	ADP
cjfa-10415	100	142	year	year	NOUN
cjfa-10415	100	143	t	t	PROPN
cjfa-10415	100	144	,	,	PUNCT
cjfa-10415	100	145	as	as	SCONJ
cjfa-10415	100	146	given	give	VERB
cjfa-10415	100	147	by	by	ADP
cjfa-10415	100	148	the	the	DET
cjfa-10415	100	149	formula	formula	NOUN
cjfa-10415	100	150	(	(	PUNCT
cjfa-10415	100	151	1	1	NUM
cjfa-10415	100	152	)	)	PUNCT
cjfa-10415	100	153	,	,	PUNCT
cjfa-10415	100	154	−	−	PROPN
cjfa-10415	100	155	ln(ta	ln(ta	PROPN
cjfa-10415	100	156	)	)	PUNCT
cjfa-10415	100	157	–	–	PUNCT
cjfa-10415	100	158	natural	natural	ADJ
cjfa-10415	100	159	logarithm	logarithm	NOUN
cjfa-10415	100	160	of	of	ADP
cjfa-10415	100	161	total	total	ADJ
cjfa-10415	100	162	assets	asset	NOUN
cjfa-10415	100	163	of	of	ADP
cjfa-10415	100	164	bank	bank	NOUN
cjfa-10415	100	165	i	i	PRON
cjfa-10415	100	166	at	at	ADP
cjfa-10415	100	167	the	the	DET
cjfa-10415	100	168	end	end	NOUN
cjfa-10415	100	169	of	of	ADP
cjfa-10415	100	170	year	year	NOUN
cjfa-10415	100	171	t	t	PROPN
cjfa-10415	100	172	,	,	PUNCT
cjfa-10415	100	173	−	−	PROPN
cjfa-10415	100	174	c	c	X
cjfa-10415	100	175	/	/	SYM
cjfa-10415	100	176	iit	iit	PROPN
cjfa-10415	100	177	–	–	PUNCT
cjfa-10415	100	178	operating	operate	VERB
cjfa-10415	100	179	expenses	expense	NOUN
cjfa-10415	100	180	to	to	ADP
cjfa-10415	100	181	interest	interest	NOUN
cjfa-10415	100	182	,	,	PUNCT
cjfa-10415	100	183	fee	fee	NOUN
cjfa-10415	100	184	and	and	CCONJ
cjfa-10415	100	185	provision	provision	NOUN
cjfa-10415	100	186	income	income	NOUN
cjfa-10415	100	187	of	of	ADP
cjfa-10415	100	188	bank	bank	NOUN
cjfa-10415	100	189	i	i	PRON
cjfa-10415	100	190	in	in	ADP
cjfa-10415	100	191	the	the	DET
cjfa-10415	100	192	year	year	NOUN
cjfa-10415	100	193	t	t	PROPN
cjfa-10415	100	194	,	,	PUNCT
cjfa-10415	100	195	−	−	PRON
cjfa-10415	100	196	roeit	roeit	NOUN
cjfa-10415	100	197	–	–	PUNCT
cjfa-10415	100	198	return	return	NOUN
cjfa-10415	100	199	on	on	ADP
cjfa-10415	100	200	equity	equity	NOUN
cjfa-10415	100	201	of	of	ADP
cjfa-10415	100	202	bank	bank	PROPN
cjfa-10415	100	203	i	i	PRON
cjfa-10415	100	204	in	in	ADP
cjfa-10415	100	205	the	the	DET
cjfa-10415	100	206	year	year	NOUN
cjfa-10415	100	207	t	t	PROPN
cjfa-10415	100	208	,	,	PUNCT
cjfa-10415	100	209	−	−	PROPN
cjfa-10415	100	210	ncf	ncf	PROPN
cjfa-10415	100	211	/	/	SYM
cjfa-10415	100	212	tait	tait	PROPN
cjfa-10415	100	213	–	–	PUNCT
cjfa-10415	100	214	net	net	ADJ
cjfa-10415	100	215	cash	cash	NOUN
cjfa-10415	100	216	flow	flow	NOUN
cjfa-10415	100	217	to	to	ADP
cjfa-10415	100	218	total	total	ADJ
cjfa-10415	100	219	assets	asset	NOUN
cjfa-10415	100	220	of	of	ADP
cjfa-10415	100	221	bank	bank	NOUN
cjfa-10415	100	222	i	i	PRON
cjfa-10415	100	223	in	in	ADP
cjfa-10415	100	224	the	the	DET
cjfa-10415	100	225	year	year	NOUN
cjfa-10415	100	226	t	t	PROPN
cjfa-10415	100	227	,	,	PUNCT
cjfa-10415	100	228	−	−	PROPN
cjfa-10415	100	229	e	e	X
cjfa-10415	100	230	/	/	SYM
cjfa-10415	100	231	tait	tait	X
cjfa-10415	100	232	–	–	PUNCT
cjfa-10415	100	233	equity	equity	NOUN
cjfa-10415	100	234	to	to	ADP
cjfa-10415	100	235	total	total	ADJ
cjfa-10415	100	236	assets	asset	NOUN
cjfa-10415	100	237	of	of	ADP
cjfa-10415	100	238	bank	bank	NOUN
cjfa-10415	100	239	i	i	PRON
cjfa-10415	100	240	at	at	ADP
cjfa-10415	100	241	the	the	DET
cjfa-10415	100	242	end	end	NOUN
cjfa-10415	100	243	of	of	ADP
cjfa-10415	100	244	year	year	NOUN
cjfa-10415	100	245	t	t	PROPN
cjfa-10415	100	246	,	,	PUNCT
cjfa-10415	100	247	−	−	PROPN
cjfa-10415	100	248	la	la	PROPN
cjfa-10415	100	249	/	/	SYM
cjfa-10415	100	250	tait	tait	PROPN
cjfa-10415	100	251	–	–	PUNCT
cjfa-10415	100	252	liquid	liquid	ADJ
cjfa-10415	100	253	(	(	PUNCT
cjfa-10415	100	254	current	current	ADJ
cjfa-10415	100	255	)	)	PUNCT
cjfa-10415	100	256	assets	asset	NOUN
cjfa-10415	100	257	to	to	PART
cjfa-10415	100	258	total	total	ADJ
cjfa-10415	100	259	assets	asset	NOUN
cjfa-10415	100	260	of	of	ADP
cjfa-10415	100	261	bank	bank	NOUN
cjfa-10415	100	262	i	i	PRON
cjfa-10415	100	263	at	at	ADP
cjfa-10415	100	264	the	the	DET
cjfa-10415	100	265	end	end	NOUN
cjfa-10415	100	266	of	of	ADP
cjfa-10415	100	267	year	year	NOUN
cjfa-10415	100	268	t	t	PROPN
cjfa-10415	100	269	,	,	PUNCT
cjfa-10415	100	270	−	−	PRON
cjfa-10415	100	271	ip	ip	PROPN
cjfa-10415	100	272	/	/	SYM
cjfa-10415	100	273	tait	tait	X
cjfa-10415	100	274	–	–	PUNCT
cjfa-10415	100	275	net	net	ADJ
cjfa-10415	100	276	impairment	impairment	ADJ
cjfa-10415	100	277	provisions	provision	NOUN
cjfa-10415	100	278	to	to	ADP
cjfa-10415	100	279	total	total	ADJ
cjfa-10415	100	280	assets	asset	NOUN
cjfa-10415	100	281	of	of	ADP
cjfa-10415	100	282	bank	bank	NOUN
cjfa-10415	100	283	i	i	PRON
cjfa-10415	100	284	in	in	ADP
cjfa-10415	100	285	the	the	DET
cjfa-10415	100	286	year	year	NOUN
cjfa-10415	100	287	t	t	PROPN
cjfa-10415	100	288	,	,	PUNCT
cjfa-10415	100	289	−	−	PROPN
cjfa-10415	100	290	α0	α0	ADJ
cjfa-10415	100	291	–	–	PUNCT
cjfa-10415	100	292	intercept	intercept	NOUN
cjfa-10415	100	293	,	,	PUNCT
cjfa-10415	100	294	−	−	PROPN
cjfa-10415	100	295	α1	α1	PROPN
cjfa-10415	100	296	,	,	PUNCT
cjfa-10415	100	297	α2	α2	ADJ
cjfa-10415	100	298	,	,	PUNCT
cjfa-10415	100	299	…	…	PUNCT
cjfa-10415	100	300	α7	α7	NOUN
cjfa-10415	100	301	–	–	PUNCT
cjfa-10415	100	302	regression	regression	NOUN
cjfa-10415	100	303	coefficients	coefficient	NOUN
cjfa-10415	100	304	,	,	PUNCT
cjfa-10415	100	305	−	−	PROPN
cjfa-10415	100	306	εt	εt	INTJ
cjfa-10415	100	307	–	–	PUNCT
cjfa-10415	100	308	error	error	NOUN
cjfa-10415	100	309	term	term	NOUN
cjfa-10415	100	310	.	.	PUNCT
cjfa-10415	101	1	the	the	DET
cjfa-10415	101	2	estimate	estimate	NOUN
cjfa-10415	101	3	of	of	ADP
cjfa-10415	101	4	the	the	DET
cjfa-10415	101	5	coefficient	coefficient	NOUN
cjfa-10415	101	6	for	for	ADP
cjfa-10415	101	7	c	c	PROPN
cjfa-10415	101	8	/	/	SYM
cjfa-10415	101	9	i	i	PRON
cjfa-10415	101	10	ratio	ratio	NOUN
cjfa-10415	101	11	is	be	AUX
cjfa-10415	101	12	expected	expect	VERB
cjfa-10415	101	13	to	to	PART
cjfa-10415	101	14	be	be	AUX
cjfa-10415	101	15	negative	negative	ADJ
cjfa-10415	101	16	while	while	SCONJ
cjfa-10415	101	17	the	the	DET
cjfa-10415	101	18	one	one	NOUN
cjfa-10415	101	19	for	for	ADP
cjfa-10415	101	20	roe	roe	NOUN
cjfa-10415	101	21	should	should	AUX
cjfa-10415	101	22	be	be	AUX
cjfa-10415	101	23	positive	positive	ADJ
cjfa-10415	101	24	.	.	PUNCT
cjfa-10415	102	1	as	as	ADP
cjfa-10415	102	2	for	for	ADP
cjfa-10415	102	3	the	the	DET
cjfa-10415	102	4	other	other	ADJ
cjfa-10415	102	5	explanatory	explanatory	ADJ
cjfa-10415	102	6	variables	variable	NOUN
cjfa-10415	102	7	,	,	PUNCT
cjfa-10415	102	8	the	the	DET
cjfa-10415	102	9	mixed	mixed	ADJ
cjfa-10415	102	10	results	result	NOUN
cjfa-10415	102	11	of	of	ADP
cjfa-10415	102	12	the	the	DET
cjfa-10415	102	13	prior	prior	ADJ
cjfa-10415	102	14	studies	study	NOUN
cjfa-10415	102	15	make	make	VERB
cjfa-10415	102	16	it	it	PRON
cjfa-10415	102	17	much	much	ADV
cjfa-10415	102	18	harder	hard	ADV
cjfa-10415	102	19	to	to	PART
cjfa-10415	102	20	predict	predict	VERB
cjfa-10415	102	21	the	the	DET
cjfa-10415	102	22	expected	expect	VERB
cjfa-10415	102	23	outcomes	outcome	NOUN
cjfa-10415	102	24	.	.	PUNCT
cjfa-10415	103	1	given	give	VERB
cjfa-10415	103	2	the	the	DET
cjfa-10415	103	3	relatively	relatively	ADV
cjfa-10415	103	4	small	small	ADJ
cjfa-10415	103	5	size	size	NOUN
cjfa-10415	103	6	of	of	ADP
cjfa-10415	103	7	the	the	DET
cjfa-10415	103	8	banks	bank	NOUN
cjfa-10415	103	9	examined	examine	VERB
cjfa-10415	103	10	in	in	ADP
cjfa-10415	103	11	the	the	DET
cjfa-10415	103	12	present	present	ADJ
cjfa-10415	103	13	study	study	NOUN
cjfa-10415	103	14	and	and	CCONJ
cjfa-10415	103	15	following	follow	VERB
cjfa-10415	103	16	the	the	DET
cjfa-10415	103	17	findings	finding	NOUN
cjfa-10415	103	18	of	of	ADP
cjfa-10415	103	19	de	de	X
cjfa-10415	103	20	nicoló	nicoló	PROPN
cjfa-10415	103	21	(	(	PUNCT
cjfa-10415	103	22	2000	2000	NUM
cjfa-10415	103	23	)	)	PUNCT
cjfa-10415	103	24	,	,	PUNCT
cjfa-10415	103	25	one	one	PRON
cjfa-10415	103	26	can	can	AUX
cjfa-10415	103	27	expect	expect	VERB
cjfa-10415	103	28	a	a	DET
cjfa-10415	103	29	positive	positive	ADJ
cjfa-10415	103	30	impact	impact	NOUN
cjfa-10415	103	31	of	of	ADP
cjfa-10415	103	32	size	size	NOUN
cjfa-10415	103	33	on	on	ADP
cjfa-10415	103	34	the	the	DET
cjfa-10415	103	35	charter	charter	NOUN
cjfa-10415	103	36	values	value	NOUN
cjfa-10415	103	37	.	.	PUNCT
cjfa-10415	104	1	additionally	additionally	ADV
cjfa-10415	104	2	,	,	PUNCT
cjfa-10415	104	3	the	the	DET
cjfa-10415	104	4	fact	fact	NOUN
cjfa-10415	104	5	that	that	SCONJ
cjfa-10415	104	6	banks	bank	NOUN
cjfa-10415	104	7	operate	operate	VERB
cjfa-10415	104	8	in	in	ADP
cjfa-10415	104	9	a	a	DET
cjfa-10415	104	10	strictly	strictly	ADV
cjfa-10415	104	11	regulated	regulate	VERB
cjfa-10415	104	12	and	and	CCONJ
cjfa-10415	104	13	supervised	supervise	VERB
cjfa-10415	104	14	market	market	NOUN
cjfa-10415	104	15	setting	setting	NOUN
cjfa-10415	104	16	,	,	PUNCT
cjfa-10415	104	17	might	might	AUX
cjfa-10415	104	18	lead	lead	VERB
cjfa-10415	104	19	the	the	DET
cjfa-10415	104	20	equity	equity	NOUN
cjfa-10415	104	21	investors	investor	NOUN
cjfa-10415	104	22	to	to	PART
cjfa-10415	104	23	focus	focus	VERB
cjfa-10415	104	24	mostly	mostly	ADV
cjfa-10415	104	25	on	on	ADP
cjfa-10415	104	26	banks	bank	NOUN
cjfa-10415	104	27	’	'	PUNCT
cjfa-10415	104	28	performance	performance	NOUN
cjfa-10415	104	29	,	,	PUNCT
cjfa-10415	104	30	relying	rely	VERB
cjfa-10415	104	31	on	on	ADP
cjfa-10415	104	32	the	the	DET
cjfa-10415	104	33	too	too	ADV
cjfa-10415	104	34	-	-	PUNCT
cjfa-10415	104	35	big	big	ADJ
cjfa-10415	104	36	-	-	PUNCT
cjfa-10415	104	37	to	to	ADP
cjfa-10415	104	38	-	-	PUNCT
cjfa-10415	104	39	fail	fail	VERB
cjfa-10415	104	40	principle	principle	NOUN
cjfa-10415	104	41	,	,	PUNCT
cjfa-10415	104	42	which	which	PRON
cjfa-10415	104	43	might	might	AUX
cjfa-10415	104	44	result	result	VERB
cjfa-10415	104	45	in	in	ADP
cjfa-10415	104	46	presumably	presumably	ADV
cjfa-10415	104	47	negative	negative	ADJ
cjfa-10415	104	48	associations	association	NOUN
cjfa-10415	104	49	between	between	ADP
cjfa-10415	104	50	banks	bank	NOUN
cjfa-10415	104	51	’	’	PART
cjfa-10415	104	52	charter	charter	NOUN
cjfa-10415	104	53	values	value	NOUN
cjfa-10415	104	54	and	and	CCONJ
cjfa-10415	104	55	both	both	DET
cjfa-10415	104	56	e	e	NOUN
cjfa-10415	104	57	/	/	SYM
cjfa-10415	104	58	ta	ta	PROPN
cjfa-10415	104	59	and	and	CCONJ
cjfa-10415	104	60	la	la	PROPN
cjfa-10415	104	61	/	/	SYM
cjfa-10415	104	62	ta	ta	PROPN
cjfa-10415	104	63	ratios	ratio	NOUN
cjfa-10415	104	64	.	.	PUNCT
cjfa-10415	105	1	finally	finally	ADV
cjfa-10415	105	2	,	,	PUNCT
cjfa-10415	105	3	the	the	DET
cjfa-10415	105	4	ability	ability	NOUN
cjfa-10415	105	5	to	to	PART
cjfa-10415	105	6	generate	generate	VERB
cjfa-10415	105	7	cash	cash	NOUN
cjfa-10415	105	8	inflows	inflow	NOUN
cjfa-10415	105	9	should	should	AUX
cjfa-10415	105	10	positively	positively	ADV
cjfa-10415	105	11	affect	affect	VERB
cjfa-10415	105	12	banks	bank	NOUN
cjfa-10415	105	13	’	’	PART
cjfa-10415	105	14	charter	charter	NOUN
cjfa-10415	105	15	values	value	NOUN
cjfa-10415	105	16	,	,	PUNCT
cjfa-10415	105	17	while	while	SCONJ
cjfa-10415	105	18	higher	high	ADJ
cjfa-10415	105	19	impairment	impairment	ADJ
cjfa-10415	105	20	provisions	provision	NOUN
cjfa-10415	105	21	are	be	AUX
cjfa-10415	105	22	likely	likely	ADJ
cjfa-10415	105	23	to	to	PART
cjfa-10415	105	24	cause	cause	VERB
cjfa-10415	105	25	an	an	DET
cjfa-10415	105	26	exactly	exactly	ADV
cjfa-10415	105	27	opposite	opposite	ADJ
cjfa-10415	105	28	effect	effect	NOUN
cjfa-10415	105	29	.	.	PUNCT
cjfa-10415	106	1	therefore	therefore	ADV
cjfa-10415	106	2	,	,	PUNCT
cjfa-10415	106	3	the	the	DET
cjfa-10415	106	4	estimates	estimate	NOUN
cjfa-10415	106	5	of	of	ADP
cjfa-10415	106	6	the	the	DET
cjfa-10415	106	7	coefficients	coefficient	NOUN
cjfa-10415	106	8	α4	α4	NOUN
cjfa-10415	106	9	and	and	CCONJ
cjfa-10415	106	10	α7	α7	NOUN
cjfa-10415	106	11	are	be	AUX
cjfa-10415	106	12	expected	expect	VERB
cjfa-10415	106	13	to	to	PART
cjfa-10415	106	14	be	be	AUX
cjfa-10415	106	15	positive	positive	ADJ
cjfa-10415	106	16	and	and	CCONJ
cjfa-10415	106	17	negative	negative	ADJ
cjfa-10415	106	18	,	,	PUNCT
cjfa-10415	106	19	respectively	respectively	ADV
cjfa-10415	106	20	.	.	PUNCT
cjfa-10415	107	1	the	the	DET
cjfa-10415	107	2	data	datum	NOUN
cjfa-10415	107	3	used	use	VERB
cjfa-10415	107	4	in	in	ADP
cjfa-10415	107	5	the	the	DET
cjfa-10415	107	6	analysis	analysis	NOUN
cjfa-10415	107	7	covered	cover	VERB
cjfa-10415	107	8	all	all	DET
cjfa-10415	107	9	domestically	domestically	ADV
cjfa-10415	107	10	-	-	PUNCT
cjfa-10415	107	11	based	base	VERB
cjfa-10415	107	12	commercial	commercial	ADJ
cjfa-10415	107	13	banks	bank	NOUN
cjfa-10415	107	14	listed	list	VERB
cjfa-10415	107	15	on	on	ADP
cjfa-10415	107	16	the	the	DET
cjfa-10415	107	17	warsaw	warsaw	PROPN
cjfa-10415	107	18	stock	stock	PROPN
cjfa-10415	107	19	exchange	exchange	PROPN
cjfa-10415	107	20	over	over	ADP
cjfa-10415	107	21	the	the	DET
cjfa-10415	107	22	period	period	NOUN
cjfa-10415	107	23	1997	1997	NUM
cjfa-10415	107	24	-	-	SYM
cjfa-10415	107	25	2014	2014	NUM
cjfa-10415	107	26	.	.	PUNCT
cjfa-10415	108	1	given	give	VERB
cjfa-10415	108	2	the	the	DET
cjfa-10415	108	3	mergers	merger	NOUN
cjfa-10415	108	4	and	and	CCONJ
cjfa-10415	108	5	(	(	PUNCT
cjfa-10415	108	6	2	2	NUM
cjfa-10415	108	7	)	)	PUNCT
cjfa-10415	108	8	where	where	SCONJ
cjfa-10415	108	9	:	:	PUNCT
cjfa-10415	108	10	−	−	PROPN
cjfa-10415	108	11	tobin	tobin	PROPN
cjfa-10415	108	12	’s	’s	PART
cjfa-10415	108	13	qit	qit	PROPN
cjfa-10415	108	14	–	–	PUNCT
cjfa-10415	108	15	tobin	tobin	PROPN
cjfa-10415	108	16	’s	’s	PART
cjfa-10415	108	17	q	q	PROPN
cjfa-10415	108	18	of	of	ADP
cjfa-10415	108	19	bank	bank	NOUN
cjfa-10415	108	20	i	i	PRON
cjfa-10415	108	21	at	at	ADP
cjfa-10415	108	22	the	the	DET
cjfa-10415	108	23	end	end	NOUN
cjfa-10415	108	24	of	of	ADP
cjfa-10415	108	25	year	year	NOUN
cjfa-10415	108	26	t	t	PROPN
cjfa-10415	108	27	,	,	PUNCT
cjfa-10415	108	28	as	as	SCONJ
cjfa-10415	108	29	given	give	VERB
cjfa-10415	108	30	by	by	ADP
cjfa-10415	108	31	the	the	DET
cjfa-10415	108	32	formula	formula	NOUN
cjfa-10415	108	33	(	(	PUNCT
cjfa-10415	108	34	1	1	NUM
cjfa-10415	108	35	)	)	PUNCT
cjfa-10415	108	36	,	,	PUNCT
cjfa-10415	108	37	−	−	PROPN
cjfa-10415	108	38	ln(ta	ln(ta	PROPN
cjfa-10415	108	39	)	)	PUNCT
cjfa-10415	108	40	–	–	PUNCT
cjfa-10415	108	41	natural	natural	ADJ
cjfa-10415	108	42	logarithm	logarithm	NOUN
cjfa-10415	108	43	of	of	ADP
cjfa-10415	108	44	total	total	ADJ
cjfa-10415	108	45	assets	asset	NOUN
cjfa-10415	108	46	of	of	ADP
cjfa-10415	108	47	bank	bank	NOUN
cjfa-10415	108	48	i	i	PRON
cjfa-10415	108	49	at	at	ADP
cjfa-10415	108	50	the	the	DET
cjfa-10415	108	51	end	end	NOUN
cjfa-10415	108	52	of	of	ADP
cjfa-10415	108	53	year	year	NOUN
cjfa-10415	108	54	t	t	PROPN
cjfa-10415	108	55	,	,	PUNCT
cjfa-10415	108	56	−	−	PROPN
cjfa-10415	108	57	c	c	X
cjfa-10415	108	58	/	/	SYM
cjfa-10415	108	59	iit	iit	PROPN
cjfa-10415	108	60	–	–	PUNCT
cjfa-10415	108	61	operating	operate	VERB
cjfa-10415	108	62	expenses	expense	NOUN
cjfa-10415	108	63	to	to	ADP
cjfa-10415	108	64	interest	interest	NOUN
cjfa-10415	108	65	,	,	PUNCT
cjfa-10415	108	66	fee	fee	NOUN
cjfa-10415	108	67	and	and	CCONJ
cjfa-10415	108	68	provision	provision	NOUN
cjfa-10415	108	69	income	income	NOUN
cjfa-10415	108	70	of	of	ADP
cjfa-10415	108	71	bank	bank	NOUN
cjfa-10415	108	72	i	i	PRON
cjfa-10415	108	73	in	in	ADP
cjfa-10415	108	74	the	the	DET
cjfa-10415	108	75	year	year	NOUN
cjfa-10415	108	76	t	t	PROPN
cjfa-10415	108	77	,	,	PUNCT
cjfa-10415	108	78	−	−	PRON
cjfa-10415	108	79	roeit	roeit	NOUN
cjfa-10415	108	80	–	–	PUNCT
cjfa-10415	108	81	return	return	NOUN
cjfa-10415	108	82	on	on	ADP
cjfa-10415	108	83	equity	equity	NOUN
cjfa-10415	108	84	of	of	ADP
cjfa-10415	108	85	bank	bank	PROPN
cjfa-10415	108	86	i	i	PRON
cjfa-10415	108	87	in	in	ADP
cjfa-10415	108	88	the	the	DET
cjfa-10415	108	89	year	year	NOUN
cjfa-10415	108	90	t	t	PROPN
cjfa-10415	108	91	,	,	PUNCT
cjfa-10415	108	92	an	an	DET
cjfa-10415	108	93	empirical	empirical	ADJ
cjfa-10415	108	94	evaluation	evaluation	NOUN
cjfa-10415	108	95	of	of	ADP
cjfa-10415	108	96	selected	select	VERB
cjfa-10415	108	97	accounting	accounting	NOUN
cjfa-10415	108	98	-	-	PUNCT
cjfa-10415	108	99	based	base	VERB
cjfa-10415	108	100	…	…	PUNCT
cjfa-10415	108	101	31	31	NUM
cjfa-10415	108	102	−	−	PROPN
cjfa-10415	108	103	ncf	ncf	PROPN
cjfa-10415	108	104	/	/	SYM
cjfa-10415	108	105	tait	tait	PROPN
cjfa-10415	108	106	–	–	PUNCT
cjfa-10415	108	107	net	net	ADJ
cjfa-10415	108	108	cash	cash	NOUN
cjfa-10415	108	109	flow	flow	NOUN
cjfa-10415	108	110	to	to	ADP
cjfa-10415	108	111	total	total	ADJ
cjfa-10415	108	112	assets	asset	NOUN
cjfa-10415	108	113	of	of	ADP
cjfa-10415	108	114	bank	bank	NOUN
cjfa-10415	108	115	i	i	PRON
cjfa-10415	108	116	in	in	ADP
cjfa-10415	108	117	the	the	DET
cjfa-10415	108	118	year	year	NOUN
cjfa-10415	108	119	t	t	PROPN
cjfa-10415	108	120	,	,	PUNCT
cjfa-10415	108	121	−	−	PROPN
cjfa-10415	108	122	e	e	X
cjfa-10415	108	123	/	/	SYM
cjfa-10415	108	124	tait	tait	X
cjfa-10415	108	125	–	–	PUNCT
cjfa-10415	108	126	equity	equity	NOUN
cjfa-10415	108	127	to	to	ADP
cjfa-10415	108	128	total	total	ADJ
cjfa-10415	108	129	assets	asset	NOUN
cjfa-10415	108	130	of	of	ADP
cjfa-10415	108	131	bank	bank	NOUN
cjfa-10415	108	132	i	i	PRON
cjfa-10415	108	133	at	at	ADP
cjfa-10415	108	134	the	the	DET
cjfa-10415	108	135	end	end	NOUN
cjfa-10415	108	136	of	of	ADP
cjfa-10415	108	137	year	year	NOUN
cjfa-10415	108	138	t	t	PROPN
cjfa-10415	108	139	,	,	PUNCT
cjfa-10415	108	140	−	−	PROPN
cjfa-10415	108	141	la	la	PROPN
cjfa-10415	108	142	/	/	SYM
cjfa-10415	108	143	tait	tait	PROPN
cjfa-10415	108	144	–	–	PUNCT
cjfa-10415	108	145	liquid	liquid	ADJ
cjfa-10415	108	146	(	(	PUNCT
cjfa-10415	108	147	current	current	ADJ
cjfa-10415	108	148	)	)	PUNCT
cjfa-10415	108	149	assets	asset	NOUN
cjfa-10415	108	150	to	to	PART
cjfa-10415	108	151	total	total	ADJ
cjfa-10415	108	152	assets	asset	NOUN
cjfa-10415	108	153	of	of	ADP
cjfa-10415	108	154	bank	bank	NOUN
cjfa-10415	108	155	i	i	PRON
cjfa-10415	108	156	at	at	ADP
cjfa-10415	108	157	the	the	DET
cjfa-10415	108	158	end	end	NOUN
cjfa-10415	108	159	of	of	ADP
cjfa-10415	108	160	year	year	NOUN
cjfa-10415	108	161	t	t	PROPN
cjfa-10415	108	162	,	,	PUNCT
cjfa-10415	108	163	−	−	PRON
cjfa-10415	108	164	ip	ip	PROPN
cjfa-10415	108	165	/	/	SYM
cjfa-10415	108	166	tait	tait	X
cjfa-10415	108	167	–	–	PUNCT
cjfa-10415	108	168	net	net	ADJ
cjfa-10415	108	169	impairment	impairment	ADJ
cjfa-10415	108	170	provisions	provision	NOUN
cjfa-10415	108	171	to	to	ADP
cjfa-10415	108	172	total	total	ADJ
cjfa-10415	108	173	assets	asset	NOUN
cjfa-10415	108	174	of	of	ADP
cjfa-10415	108	175	bank	bank	NOUN
cjfa-10415	108	176	i	i	PRON
cjfa-10415	108	177	in	in	ADP
cjfa-10415	108	178	the	the	DET
cjfa-10415	108	179	year	year	NOUN
cjfa-10415	108	180	t	t	PROPN
cjfa-10415	108	181	,	,	PUNCT
cjfa-10415	108	182	−	−	PROPN
cjfa-10415	108	183	α0	α0	ADJ
cjfa-10415	108	184	–	–	PUNCT
cjfa-10415	108	185	intercept	intercept	NOUN
cjfa-10415	108	186	,	,	PUNCT
cjfa-10415	108	187	−	−	PROPN
cjfa-10415	108	188	α1	α1	PROPN
cjfa-10415	108	189	,	,	PUNCT
cjfa-10415	108	190	α2	α2	ADJ
cjfa-10415	108	191	,	,	PUNCT
cjfa-10415	108	192	…	…	PUNCT
cjfa-10415	108	193	α7	α7	NOUN
cjfa-10415	108	194	–	–	PUNCT
cjfa-10415	108	195	regression	regression	NOUN
cjfa-10415	108	196	coefficients	coefficient	NOUN
cjfa-10415	108	197	,	,	PUNCT
cjfa-10415	108	198	−	−	PROPN
cjfa-10415	108	199	εt	εt	INTJ
cjfa-10415	108	200	–	–	PUNCT
cjfa-10415	108	201	error	error	NOUN
cjfa-10415	108	202	term	term	NOUN
cjfa-10415	108	203	.	.	PUNCT
cjfa-10415	109	1	the	the	DET
cjfa-10415	109	2	estimate	estimate	NOUN
cjfa-10415	109	3	of	of	ADP
cjfa-10415	109	4	the	the	DET
cjfa-10415	109	5	coefficient	coefficient	NOUN
cjfa-10415	109	6	for	for	ADP
cjfa-10415	109	7	c	c	PROPN
cjfa-10415	109	8	/	/	SYM
cjfa-10415	109	9	i	i	PRON
cjfa-10415	109	10	ratio	ratio	NOUN
cjfa-10415	109	11	is	be	AUX
cjfa-10415	109	12	expected	expect	VERB
cjfa-10415	109	13	to	to	PART
cjfa-10415	109	14	be	be	AUX
cjfa-10415	109	15	negative	negative	ADJ
cjfa-10415	109	16	while	while	SCONJ
cjfa-10415	109	17	the	the	DET
cjfa-10415	109	18	one	one	NOUN
cjfa-10415	109	19	for	for	ADP
cjfa-10415	109	20	roe	roe	NOUN
cjfa-10415	109	21	should	should	AUX
cjfa-10415	109	22	be	be	AUX
cjfa-10415	109	23	positive	positive	ADJ
cjfa-10415	109	24	.	.	PUNCT
cjfa-10415	110	1	as	as	ADP
cjfa-10415	110	2	for	for	ADP
cjfa-10415	110	3	the	the	DET
cjfa-10415	110	4	other	other	ADJ
cjfa-10415	110	5	explanatory	explanatory	ADJ
cjfa-10415	110	6	variables	variable	NOUN
cjfa-10415	110	7	,	,	PUNCT
cjfa-10415	110	8	the	the	DET
cjfa-10415	110	9	mixed	mixed	ADJ
cjfa-10415	110	10	results	result	NOUN
cjfa-10415	110	11	of	of	ADP
cjfa-10415	110	12	the	the	DET
cjfa-10415	110	13	prior	prior	ADJ
cjfa-10415	110	14	studies	study	NOUN
cjfa-10415	110	15	make	make	VERB
cjfa-10415	110	16	it	it	PRON
cjfa-10415	110	17	much	much	ADV
cjfa-10415	110	18	harder	hard	ADV
cjfa-10415	110	19	to	to	PART
cjfa-10415	110	20	predict	predict	VERB
cjfa-10415	110	21	the	the	DET
cjfa-10415	110	22	expected	expect	VERB
cjfa-10415	110	23	outcomes	outcome	NOUN
cjfa-10415	110	24	.	.	PUNCT
cjfa-10415	111	1	given	give	VERB
cjfa-10415	111	2	the	the	DET
cjfa-10415	111	3	relatively	relatively	ADV
cjfa-10415	111	4	small	small	ADJ
cjfa-10415	111	5	size	size	NOUN
cjfa-10415	111	6	of	of	ADP
cjfa-10415	111	7	the	the	DET
cjfa-10415	111	8	banks	bank	NOUN
cjfa-10415	111	9	examined	examine	VERB
cjfa-10415	111	10	in	in	ADP
cjfa-10415	111	11	the	the	DET
cjfa-10415	111	12	present	present	ADJ
cjfa-10415	111	13	study	study	NOUN
cjfa-10415	111	14	and	and	CCONJ
cjfa-10415	111	15	following	follow	VERB
cjfa-10415	111	16	the	the	DET
cjfa-10415	111	17	findings	finding	NOUN
cjfa-10415	111	18	of	of	ADP
cjfa-10415	111	19	de	de	X
cjfa-10415	111	20	nicoló	nicoló	PROPN
cjfa-10415	111	21	(	(	PUNCT
cjfa-10415	111	22	2000	2000	NUM
cjfa-10415	111	23	)	)	PUNCT
cjfa-10415	111	24	,	,	PUNCT
cjfa-10415	111	25	one	one	PRON
cjfa-10415	111	26	can	can	AUX
cjfa-10415	111	27	expect	expect	VERB
cjfa-10415	111	28	a	a	DET
cjfa-10415	111	29	positive	positive	ADJ
cjfa-10415	111	30	impact	impact	NOUN
cjfa-10415	111	31	of	of	ADP
cjfa-10415	111	32	size	size	NOUN
cjfa-10415	111	33	on	on	ADP
cjfa-10415	111	34	the	the	DET
cjfa-10415	111	35	charter	charter	NOUN
cjfa-10415	111	36	values	value	NOUN
cjfa-10415	111	37	.	.	PUNCT
cjfa-10415	112	1	additionally	additionally	ADV
cjfa-10415	112	2	,	,	PUNCT
cjfa-10415	112	3	the	the	DET
cjfa-10415	112	4	fact	fact	NOUN
cjfa-10415	112	5	that	that	SCONJ
cjfa-10415	112	6	banks	bank	NOUN
cjfa-10415	112	7	operate	operate	VERB
cjfa-10415	112	8	in	in	ADP
cjfa-10415	112	9	a	a	DET
cjfa-10415	112	10	strictly	strictly	ADV
cjfa-10415	112	11	regulated	regulate	VERB
cjfa-10415	112	12	and	and	CCONJ
cjfa-10415	112	13	supervised	supervise	VERB
cjfa-10415	112	14	market	market	NOUN
cjfa-10415	112	15	setting	setting	NOUN
cjfa-10415	112	16	,	,	PUNCT
cjfa-10415	112	17	might	might	AUX
cjfa-10415	112	18	lead	lead	VERB
cjfa-10415	112	19	the	the	DET
cjfa-10415	112	20	equity	equity	NOUN
cjfa-10415	112	21	investors	investor	NOUN
cjfa-10415	112	22	to	to	PART
cjfa-10415	112	23	focus	focus	VERB
cjfa-10415	112	24	mostly	mostly	ADV
cjfa-10415	112	25	on	on	ADP
cjfa-10415	112	26	banks	bank	NOUN
cjfa-10415	112	27	’	'	PUNCT
cjfa-10415	112	28	performance	performance	NOUN
cjfa-10415	112	29	,	,	PUNCT
cjfa-10415	112	30	relying	rely	VERB
cjfa-10415	112	31	on	on	ADP
cjfa-10415	112	32	the	the	DET
cjfa-10415	112	33	too	too	ADV
cjfa-10415	112	34	-	-	PUNCT
cjfa-10415	112	35	big	big	ADJ
cjfa-10415	112	36	-	-	PUNCT
cjfa-10415	112	37	to	to	ADP
cjfa-10415	112	38	-	-	PUNCT
cjfa-10415	112	39	fail	fail	VERB
cjfa-10415	112	40	principle	principle	NOUN
cjfa-10415	112	41	,	,	PUNCT
cjfa-10415	112	42	which	which	PRON
cjfa-10415	112	43	might	might	AUX
cjfa-10415	112	44	result	result	VERB
cjfa-10415	112	45	in	in	ADP
cjfa-10415	112	46	presumably	presumably	ADV
cjfa-10415	112	47	negative	negative	ADJ
cjfa-10415	112	48	associations	association	NOUN
cjfa-10415	112	49	between	between	ADP
cjfa-10415	112	50	banks	bank	NOUN
cjfa-10415	112	51	’	’	PART
cjfa-10415	112	52	charter	charter	NOUN
cjfa-10415	112	53	values	value	NOUN
cjfa-10415	112	54	and	and	CCONJ
cjfa-10415	112	55	both	both	DET
cjfa-10415	112	56	e	e	NOUN
cjfa-10415	112	57	/	/	SYM
cjfa-10415	112	58	ta	ta	PROPN
cjfa-10415	112	59	and	and	CCONJ
cjfa-10415	112	60	la	la	PROPN
cjfa-10415	112	61	/	/	SYM
cjfa-10415	112	62	ta	ta	PROPN
cjfa-10415	112	63	ratios	ratio	NOUN
cjfa-10415	112	64	.	.	PUNCT
cjfa-10415	113	1	finally	finally	ADV
cjfa-10415	113	2	,	,	PUNCT
cjfa-10415	113	3	the	the	DET
cjfa-10415	113	4	ability	ability	NOUN
cjfa-10415	113	5	to	to	PART
cjfa-10415	113	6	generate	generate	VERB
cjfa-10415	113	7	cash	cash	NOUN
cjfa-10415	113	8	inflows	inflow	NOUN
cjfa-10415	113	9	should	should	AUX
cjfa-10415	113	10	positively	positively	ADV
cjfa-10415	113	11	affect	affect	VERB
cjfa-10415	113	12	banks	bank	NOUN
cjfa-10415	113	13	’	’	PART
cjfa-10415	113	14	charter	charter	NOUN
cjfa-10415	113	15	values	value	NOUN
cjfa-10415	113	16	,	,	PUNCT
cjfa-10415	113	17	while	while	SCONJ
cjfa-10415	113	18	higher	high	ADJ
cjfa-10415	113	19	impairment	impairment	ADJ
cjfa-10415	113	20	provisions	provision	NOUN
cjfa-10415	113	21	are	be	AUX
cjfa-10415	113	22	likely	likely	ADJ
cjfa-10415	113	23	to	to	PART
cjfa-10415	113	24	cause	cause	VERB
cjfa-10415	113	25	an	an	DET
cjfa-10415	113	26	exactly	exactly	ADV
cjfa-10415	113	27	opposite	opposite	ADJ
cjfa-10415	113	28	effect	effect	NOUN
cjfa-10415	113	29	.	.	PUNCT
cjfa-10415	114	1	therefore	therefore	ADV
cjfa-10415	114	2	,	,	PUNCT
cjfa-10415	114	3	the	the	DET
cjfa-10415	114	4	estimates	estimate	NOUN
cjfa-10415	114	5	of	of	ADP
cjfa-10415	114	6	the	the	DET
cjfa-10415	114	7	coefficients	coefficient	NOUN
cjfa-10415	114	8	α4	α4	NOUN
cjfa-10415	114	9	and	and	CCONJ
cjfa-10415	114	10	α7	α7	NOUN
cjfa-10415	114	11	are	be	AUX
cjfa-10415	114	12	expected	expect	VERB
cjfa-10415	114	13	to	to	PART
cjfa-10415	114	14	be	be	AUX
cjfa-10415	114	15	positive	positive	ADJ
cjfa-10415	114	16	and	and	CCONJ
cjfa-10415	114	17	negative	negative	ADJ
cjfa-10415	114	18	,	,	PUNCT
cjfa-10415	114	19	respectively	respectively	ADV
cjfa-10415	114	20	.	.	PUNCT
cjfa-10415	115	1	the	the	DET
cjfa-10415	115	2	data	datum	NOUN
cjfa-10415	115	3	used	use	VERB
cjfa-10415	115	4	in	in	ADP
cjfa-10415	115	5	the	the	DET
cjfa-10415	115	6	analysis	analysis	NOUN
cjfa-10415	115	7	covered	cover	VERB
cjfa-10415	115	8	all	all	DET
cjfa-10415	115	9	domestically	domestically	ADV
cjfa-10415	115	10	-	-	PUNCT
cjfa-10415	115	11	based	base	VERB
cjfa-10415	115	12	commercial	commercial	ADJ
cjfa-10415	115	13	banks	bank	NOUN
cjfa-10415	115	14	listed	list	VERB
cjfa-10415	115	15	on	on	ADP
cjfa-10415	115	16	the	the	DET
cjfa-10415	115	17	warsaw	warsaw	PROPN
cjfa-10415	115	18	stock	stock	PROPN
cjfa-10415	115	19	exchange	exchange	PROPN
cjfa-10415	115	20	over	over	ADP
cjfa-10415	115	21	the	the	DET
cjfa-10415	115	22	period	period	NOUN
cjfa-10415	115	23	1997	1997	NUM
cjfa-10415	115	24	-	-	SYM
cjfa-10415	115	25	2014	2014	NUM
cjfa-10415	115	26	.	.	PUNCT
cjfa-10415	116	1	given	give	VERB
cjfa-10415	116	2	the	the	DET
cjfa-10415	116	3	mergers	merger	NOUN
cjfa-10415	116	4	and	and	CCONJ
cjfa-10415	116	5	acquisitions	acquisition	NOUN
cjfa-10415	116	6	within	within	ADP
cjfa-10415	116	7	the	the	DET
cjfa-10415	116	8	sector	sector	NOUN
cjfa-10415	116	9	,	,	PUNCT
cjfa-10415	116	10	the	the	DET
cjfa-10415	116	11	final	final	ADJ
cjfa-10415	116	12	sample	sample	NOUN
cjfa-10415	116	13	comprised	comprise	VERB
cjfa-10415	116	14	of	of	ADP
cjfa-10415	116	15	18	18	NUM
cjfa-10415	116	16	banks	bank	NOUN
cjfa-10415	116	17	.	.	PUNCT
cjfa-10415	117	1	the	the	DET
cjfa-10415	117	2	data	datum	NOUN
cjfa-10415	117	3	on	on	ADP
cjfa-10415	117	4	annual	annual	ADJ
cjfa-10415	117	5	financial	financial	ADJ
cjfa-10415	117	6	statements	statement	NOUN
cjfa-10415	117	7	and	and	CCONJ
cjfa-10415	117	8	historical	historical	ADJ
cjfa-10415	117	9	stock	stock	NOUN
cjfa-10415	117	10	prices	price	NOUN
cjfa-10415	117	11	were	be	AUX
cjfa-10415	117	12	collected	collect	VERB
cjfa-10415	117	13	from	from	ADP
cjfa-10415	117	14	the	the	DET
cjfa-10415	117	15	notoria	notoria	PROPN
cjfa-10415	117	16	serwis	serwis	PROPN
cjfa-10415	117	17	sa	sa	PROPN
cjfa-10415	117	18	database	database	NOUN
cjfa-10415	117	19	provided	provide	VERB
cjfa-10415	117	20	by	by	ADP
cjfa-10415	117	21	isi	isi	ADJ
cjfa-10415	117	22	emerging	emerge	VERB
cjfa-10415	117	23	markets	market	NOUN
cjfa-10415	117	24	(	(	PUNCT
cjfa-10415	117	25	http://site.securities.com	http://site.securities.com	X
cjfa-10415	117	26	…	…	X
cjfa-10415	117	27	2015	2015	NUM
cjfa-10415	117	28	)	)	PUNCT
cjfa-10415	117	29	and	and	CCONJ
cjfa-10415	117	30	the	the	DET
cjfa-10415	117	31	brokerage	brokerage	NOUN
cjfa-10415	117	32	house	house	NOUN
cjfa-10415	117	33	of	of	ADP
cjfa-10415	117	34	bank	bank	PROPN
cjfa-10415	117	35	ochrony	ochrony	PROPN
cjfa-10415	117	36	srodowiska	srodowiska	PROPN
cjfa-10415	117	37	sa	sa	PROPN
cjfa-10415	117	38	(	(	PUNCT
cjfa-10415	117	39	http://bossa.pl	http://bossa.pl	X
cjfa-10415	117	40	…	…	SYM
cjfa-10415	117	41	2015	2015	NUM
cjfa-10415	117	42	)	)	PUNCT
cjfa-10415	117	43	,	,	PUNCT
cjfa-10415	117	44	respectively	respectively	ADV
cjfa-10415	117	45	.	.	PUNCT
cjfa-10415	118	1	given	give	VERB
cjfa-10415	118	2	the	the	DET
cjfa-10415	118	3	fact	fact	NOUN
cjfa-10415	118	4	that	that	SCONJ
cjfa-10415	118	5	the	the	DET
cjfa-10415	118	6	study	study	NOUN
cjfa-10415	118	7	focuses	focus	VERB
cjfa-10415	118	8	on	on	ADP
cjfa-10415	118	9	the	the	DET
cjfa-10415	118	10	bank	bank	NOUN
cjfa-10415	118	11	-	-	PUNCT
cjfa-10415	118	12	specific	specific	ADJ
cjfa-10415	118	13	accounting	accounting	NOUN
cjfa-10415	118	14	variables	variable	NOUN
cjfa-10415	118	15	the	the	DET
cjfa-10415	118	16	data	datum	NOUN
cjfa-10415	118	17	from	from	ADP
cjfa-10415	118	18	banks	bank	NOUN
cjfa-10415	118	19	’	'	PUNCT
cjfa-10415	118	20	separate	separate	ADJ
cjfa-10415	118	21	financial	financial	ADJ
cjfa-10415	118	22	statements	statement	NOUN
cjfa-10415	118	23	were	be	AUX
cjfa-10415	118	24	used	use	VERB
cjfa-10415	118	25	.	.	PUNCT
cjfa-10415	119	1	the	the	DET
cjfa-10415	119	2	combined	combined	ADJ
cjfa-10415	119	3	data	datum	NOUN
cjfa-10415	119	4	yielded	yield	VERB
cjfa-10415	119	5	the	the	DET
cjfa-10415	119	6	final	final	ADJ
cjfa-10415	119	7	pooled	pooled	ADJ
cjfa-10415	119	8	sample	sample	NOUN
cjfa-10415	119	9	of	of	ADP
cjfa-10415	119	10	221	221	NUM
cjfa-10415	119	11	bank	bank	NOUN
cjfa-10415	119	12	-	-	PUNCT
cjfa-10415	119	13	year	year	NOUN
cjfa-10415	119	14	observations	observation	NOUN
cjfa-10415	119	15	.	.	PUNCT
cjfa-10415	120	1	the	the	DET
cjfa-10415	120	2	outcome	outcome	NOUN
cjfa-10415	120	3	of	of	ADP
cjfa-10415	120	4	the	the	DET
cjfa-10415	120	5	research	research	NOUN
cjfa-10415	120	6	process	process	NOUN
cjfa-10415	120	7	table	table	NOUN
cjfa-10415	120	8	2	2	NUM
cjfa-10415	120	9	.	.	PUNCT
cjfa-10415	120	10	presents	present	VERB
cjfa-10415	120	11	the	the	DET
cjfa-10415	120	12	estimated	estimate	VERB
cjfa-10415	120	13	values	value	NOUN
cjfa-10415	120	14	of	of	ADP
cjfa-10415	120	15	the	the	DET
cjfa-10415	120	16	pearson	pearson	PROPN
cjfa-10415	120	17	linear	linear	PROPN
cjfa-10415	120	18	correlation	correlation	NOUN
cjfa-10415	120	19	coefficients	coefficient	NOUN
cjfa-10415	120	20	between	between	ADP
cjfa-10415	120	21	the	the	DET
cjfa-10415	120	22	examined	examine	VERB
cjfa-10415	120	23	variables	variable	NOUN
cjfa-10415	120	24	in	in	ADP
cjfa-10415	120	25	the	the	DET
cjfa-10415	120	26	pooled	pooled	ADJ
cjfa-10415	120	27	sample	sample	NOUN
cjfa-10415	120	28	.	.	PUNCT
cjfa-10415	121	1	piotr	piotr	PROPN
cjfa-10415	121	2	bolibok32	bolibok32	PROPN
cjfa-10415	121	3	table	table	NOUN
cjfa-10415	121	4	2	2	NUM
cjfa-10415	121	5	.	.	PUNCT
cjfa-10415	121	6	correlation	correlation	NOUN
cjfa-10415	121	7	matrix	matrix	NOUN
cjfa-10415	121	8	of	of	ADP
cjfa-10415	121	9	the	the	DET
cjfa-10415	121	10	examined	examine	VERB
cjfa-10415	121	11	variables	variable	NOUN
cjfa-10415	121	12	(	(	PUNCT
cjfa-10415	121	13	pooled	pool	VERB
cjfa-10415	121	14	sample	sample	NOUN
cjfa-10415	121	15	)	)	PUNCT
cjfa-10415	121	16	variable	variable	PROPN
cjfa-10415	121	17	tobin	tobin	PROPN
cjfa-10415	121	18	’s	’s	PART
cjfa-10415	122	1	q	q	PROPN
cjfa-10415	122	2	ln	ln	ADJ
cjfa-10415	122	3	(	(	PUNCT
cjfa-10415	122	4	ta	ta	NOUN
cjfa-10415	122	5	)	)	PUNCT
cjfa-10415	122	6	c	c	NOUN
cjfa-10415	122	7	/	/	SYM
cjfa-10415	122	8	i	i	PROPN
cjfa-10415	122	9	roe	roe	PROPN
cjfa-10415	122	10	ncf	ncf	PROPN
cjfa-10415	122	11	/	/	SYM
cjfa-10415	122	12	ta	ta	PROPN
cjfa-10415	122	13	e	e	PROPN
cjfa-10415	122	14	/	/	SYM
cjfa-10415	122	15	ta	ta	PROPN
cjfa-10415	122	16	la	la	PROPN
cjfa-10415	122	17	/	/	SYM
cjfa-10415	122	18	ta	ta	PROPN
cjfa-10415	122	19	ip	ip	PROPN
cjfa-10415	122	20	/	/	SYM
cjfa-10415	122	21	ta	ta	PROPN
cjfa-10415	122	22	tobin	tobin	PROPN
cjfa-10415	122	23	’s	’s	PART
cjfa-10415	122	24	q	q	PROPN
cjfa-10415	122	25	1.000	1.000	NUM
cjfa-10415	122	26	0.180	0.180	NUM
cjfa-10415	122	27	*	*	PUNCT
cjfa-10415	122	28	*	*	PUNCT
cjfa-10415	122	29	-0.407	-0.407	PUNCT
cjfa-10415	122	30	*	*	PUNCT
cjfa-10415	122	31	*	*	PUNCT
cjfa-10415	122	32	0.211	0.211	PRON
cjfa-10415	122	33	*	*	PUNCT
cjfa-10415	122	34	*	*	PUNCT
cjfa-10415	122	35	-0.087	-0.087	NOUN
cjfa-10415	123	1	-0.256	-0.256	PUNCT
cjfa-10415	123	2	*	*	PUNCT
cjfa-10415	123	3	*	*	SYM
cjfa-10415	123	4	0.098	0.098	NUM
cjfa-10415	123	5	-0.436	-0.436	NOUN
cjfa-10415	123	6	*	*	PUNCT
cjfa-10415	123	7	*	*	PUNCT
cjfa-10415	123	8	ln(ta	ln(ta	PROPN
cjfa-10415	123	9	)	)	PUNCT
cjfa-10415	124	1	1.000	1.000	NUM
cjfa-10415	124	2	-0.247	-0.247	NOUN
cjfa-10415	124	3	*	*	PUNCT
cjfa-10415	124	4	*	*	PUNCT
cjfa-10415	124	5	-0.011	-0.011	PRON
cjfa-10415	124	6	-0.018	-0.018	PUNCT
cjfa-10415	124	7	-0.289	-0.289	PUNCT
cjfa-10415	124	8	*	*	PUNCT
cjfa-10415	124	9	*	*	PUNCT
cjfa-10415	124	10	-0.365	-0.365	PUNCT
cjfa-10415	124	11	*	*	PUNCT
cjfa-10415	124	12	*	*	PUNCT
cjfa-10415	124	13	-0.180	-0.180	PUNCT
cjfa-10415	124	14	*	*	PUNCT
cjfa-10415	124	15	*	*	PUNCT
cjfa-10415	124	16	c	c	X
cjfa-10415	124	17	/	/	SYM
cjfa-10415	124	18	i	i	NOUN
cjfa-10415	124	19	1.000	1.000	NUM
cjfa-10415	124	20	-0.183	-0.183	PUNCT
cjfa-10415	124	21	*	*	PUNCT
cjfa-10415	124	22	*	*	PUNCT
cjfa-10415	124	23	-0.003	-0.003	NOUN
cjfa-10415	124	24	0.687	0.687	NUM
cjfa-10415	124	25	*	*	PUNCT
cjfa-10415	124	26	*	*	PUNCT
cjfa-10415	124	27	-0.120	-0.120	PUNCT
cjfa-10415	124	28	0.357	0.357	NUM
cjfa-10415	124	29	*	*	PUNCT
cjfa-10415	124	30	*	*	PUNCT
cjfa-10415	124	31	roe	roe	PROPN
cjfa-10415	124	32	1.000	1.000	NUM
cjfa-10415	124	33	-0.074	-0.074	X
cjfa-10415	124	34	-0.210	-0.210	NOUN
cjfa-10415	124	35	*	*	PUNCT
cjfa-10415	124	36	*	*	PUNCT
cjfa-10415	124	37	0.085	0.085	NUM
cjfa-10415	124	38	-0.068	-0.068	X
cjfa-10415	124	39	ncf	ncf	PROPN
cjfa-10415	124	40	/	/	SYM
cjfa-10415	124	41	ta	ta	PROPN
cjfa-10415	124	42	1.000	1.000	NUM
cjfa-10415	124	43	-0.063	-0.063	NUM
cjfa-10415	124	44	0.066	0.066	NUM
cjfa-10415	124	45	0.049	0.049	NUM
cjfa-10415	124	46	e	e	NOUN
cjfa-10415	124	47	/	/	SYM
cjfa-10415	124	48	ta	ta	ADP
cjfa-10415	124	49	1.000	1.000	NUM
cjfa-10415	124	50	-0.008	-0.008	NUM
cjfa-10415	124	51	0.207	0.207	NUM
cjfa-10415	124	52	*	*	PUNCT
cjfa-10415	124	53	*	*	PUNCT
cjfa-10415	124	54	la	la	PROPN
cjfa-10415	124	55	/	/	SYM
cjfa-10415	124	56	ta	ta	PROPN
cjfa-10415	124	57	1.000	1.000	NUM
cjfa-10415	124	58	-0.035	-0.035	NOUN
cjfa-10415	124	59	ip	ip	PROPN
cjfa-10415	124	60	/	/	SYM
cjfa-10415	124	61	ta	ta	ADP
cjfa-10415	124	62	1.000	1.000	NUM
cjfa-10415	124	63	*	*	PUNCT
cjfa-10415	124	64	*	*	PUNCT
cjfa-10415	124	65	–	–	PUNCT
cjfa-10415	124	66	correlation	correlation	NOUN
cjfa-10415	124	67	significant	significant	ADJ
cjfa-10415	124	68	at	at	ADP
cjfa-10415	124	69	the	the	DET
cjfa-10415	124	70	0.01	0.01	NUM
cjfa-10415	124	71	level	level	NOUN
cjfa-10415	124	72	(	(	PUNCT
cjfa-10415	124	73	2	2	NUM
cjfa-10415	124	74	-	-	PUNCT
cjfa-10415	124	75	tailed	tailed	ADJ
cjfa-10415	124	76	)	)	PUNCT
cjfa-10415	124	77	s	s	PART
cjfa-10415	124	78	o	o	NOUN
cjfa-10415	124	79	u	u	NOUN
cjfa-10415	124	80	r	r	NOUN
cjfa-10415	124	81	c	c	NOUN
cjfa-10415	124	82	e	e	NOUN
cjfa-10415	124	83	:	:	PUNCT
cjfa-10415	124	84	own	own	ADJ
cjfa-10415	124	85	study	study	NOUN
cjfa-10415	124	86	.	.	PUNCT
cjfa-10415	125	1	consistent	consistent	ADJ
cjfa-10415	125	2	with	with	ADP
cjfa-10415	125	3	expectations	expectation	NOUN
cjfa-10415	125	4	,	,	PUNCT
cjfa-10415	125	5	the	the	DET
cjfa-10415	125	6	conducted	conduct	VERB
cjfa-10415	125	7	analysis	analysis	NOUN
cjfa-10415	125	8	revealed	reveal	VERB
cjfa-10415	125	9	statistically	statistically	ADV
cjfa-10415	125	10	significant	significant	ADJ
cjfa-10415	125	11	,	,	PUNCT
cjfa-10415	125	12	semi	semi	ADJ
cjfa-10415	125	13	-	-	ADJ
cjfa-10415	125	14	strong	strong	ADJ
cjfa-10415	125	15	,	,	PUNCT
cjfa-10415	125	16	negative	negative	ADJ
cjfa-10415	125	17	correlations	correlation	NOUN
cjfa-10415	125	18	between	between	ADP
cjfa-10415	125	19	banks	bank	NOUN
cjfa-10415	125	20	’	’	PART
cjfa-10415	125	21	charter	charter	NOUN
cjfa-10415	125	22	values	value	NOUN
cjfa-10415	125	23	and	and	CCONJ
cjfa-10415	125	24	both	both	DET
cjfa-10415	125	25	c	c	NOUN
cjfa-10415	125	26	/	/	SYM
cjfa-10415	125	27	i	i	PRON
cjfa-10415	125	28	and	and	CCONJ
cjfa-10415	125	29	ip	ip	PROPN
cjfa-10415	125	30	/	/	SYM
cjfa-10415	125	31	ta	ta	PROPN
cjfa-10415	125	32	ratios	ratio	NOUN
cjfa-10415	125	33	.	.	PUNCT
cjfa-10415	126	1	a	a	DET
cjfa-10415	126	2	weaker	weak	ADJ
cjfa-10415	126	3	,	,	PUNCT
cjfa-10415	126	4	yet	yet	ADV
cjfa-10415	126	5	also	also	ADV
cjfa-10415	126	6	statistically	statistically	ADV
cjfa-10415	126	7	significant	significant	ADJ
cjfa-10415	126	8	negative	negative	ADJ
cjfa-10415	126	9	association	association	NOUN
cjfa-10415	126	10	,	,	PUNCT
cjfa-10415	126	11	was	be	AUX
cjfa-10415	126	12	found	find	VERB
cjfa-10415	126	13	for	for	ADP
cjfa-10415	126	14	e	e	PROPN
cjfa-10415	126	15	/	/	SYM
cjfa-10415	126	16	ta	ta	PROPN
cjfa-10415	126	17	ratio	ratio	NOUN
cjfa-10415	126	18	.	.	PUNCT
cjfa-10415	127	1	as	as	SCONJ
cjfa-10415	127	2	expected	expect	VERB
cjfa-10415	127	3	,	,	PUNCT
cjfa-10415	127	4	estimated	estimate	VERB
cjfa-10415	127	5	correlation	correlation	NOUN
cjfa-10415	127	6	coefficient	coefficient	NOUN
cjfa-10415	127	7	between	between	ADP
cjfa-10415	127	8	tobin	tobin	PROPN
cjfa-10415	127	9	’s	’s	PART
cjfa-10415	127	10	q	q	NOUN
cjfa-10415	127	11	and	and	CCONJ
cjfa-10415	127	12	both	both	DET
cjfa-10415	127	13	roe	roe	NOUN
cjfa-10415	127	14	and	and	CCONJ
cjfa-10415	127	15	size	size	NOUN
cjfa-10415	127	16	turned	turn	VERB
cjfa-10415	127	17	out	out	ADP
cjfa-10415	127	18	to	to	PART
cjfa-10415	127	19	be	be	AUX
cjfa-10415	127	20	positive	positive	ADJ
cjfa-10415	127	21	and	and	CCONJ
cjfa-10415	127	22	significant	significant	ADJ
cjfa-10415	127	23	,	,	PUNCT
cjfa-10415	127	24	although	although	SCONJ
cjfa-10415	127	25	quite	quite	ADV
cjfa-10415	127	26	low	low	ADJ
cjfa-10415	127	27	.	.	PUNCT
cjfa-10415	128	1	correlation	correlation	NOUN
cjfa-10415	128	2	coefficients	coefficient	NOUN
cjfa-10415	128	3	of	of	ADP
cjfa-10415	128	4	the	the	DET
cjfa-10415	128	5	remaining	remain	VERB
cjfa-10415	128	6	variables	variable	NOUN
cjfa-10415	128	7	(	(	PUNCT
cjfa-10415	128	8	ncf	ncf	NOUN
cjfa-10415	128	9	/	/	SYM
cjfa-10415	128	10	ta	ta	PROPN
cjfa-10415	128	11	and	and	CCONJ
cjfa-10415	128	12	la	la	PROPN
cjfa-10415	128	13	/	/	SYM
cjfa-10415	128	14	ta	ta	PROPN
cjfa-10415	128	15	)	)	PUNCT
cjfa-10415	128	16	with	with	ADP
cjfa-10415	128	17	charter	charter	NOUN
cjfa-10415	128	18	values	value	NOUN
cjfa-10415	128	19	,	,	PUNCT
cjfa-10415	128	20	however	however	ADV
cjfa-10415	128	21	,	,	PUNCT
cjfa-10415	128	22	were	be	AUX
cjfa-10415	128	23	estimated	estimate	VERB
cjfa-10415	128	24	to	to	PART
cjfa-10415	128	25	be	be	AUX
cjfa-10415	128	26	not	not	PART
cjfa-10415	128	27	significantly	significantly	ADV
cjfa-10415	128	28	different	different	ADJ
cjfa-10415	128	29	than	than	ADP
cjfa-10415	128	30	zero	zero	NUM
cjfa-10415	128	31	.	.	PUNCT
cjfa-10415	129	1	moreover	moreover	ADV
cjfa-10415	129	2	,	,	PUNCT
cjfa-10415	129	3	for	for	ADP
cjfa-10415	129	4	each	each	PRON
cjfa-10415	129	5	of	of	ADP
cjfa-10415	129	6	these	these	DET
cjfa-10415	129	7	variables	variable	NOUN
cjfa-10415	129	8	the	the	DET
cjfa-10415	129	9	sign	sign	NOUN
cjfa-10415	129	10	of	of	ADP
cjfa-10415	129	11	the	the	DET
cjfa-10415	129	12	coefficient	coefficient	NOUN
cjfa-10415	129	13	turned	turn	VERB
cjfa-10415	129	14	out	out	ADP
cjfa-10415	129	15	to	to	PART
cjfa-10415	129	16	be	be	AUX
cjfa-10415	129	17	exactly	exactly	ADV
cjfa-10415	129	18	opposite	opposite	ADJ
cjfa-10415	129	19	to	to	ADP
cjfa-10415	129	20	the	the	DET
cjfa-10415	129	21	predicted	predict	VERB
cjfa-10415	129	22	one	one	NUM
cjfa-10415	129	23	.	.	PUNCT
cjfa-10415	130	1	the	the	DET
cjfa-10415	130	2	above	above	ADJ
cjfa-10415	130	3	findings	finding	NOUN
cjfa-10415	130	4	indicate	indicate	VERB
cjfa-10415	130	5	that	that	SCONJ
cjfa-10415	130	6	bank	bank	NOUN
cjfa-10415	130	7	charter	charter	NOUN
cjfa-10415	130	8	value	value	NOUN
cjfa-10415	130	9	in	in	ADP
cjfa-10415	130	10	the	the	DET
cjfa-10415	130	11	polish	polish	ADJ
cjfa-10415	130	12	banking	banking	NOUN
cjfa-10415	130	13	sector	sector	NOUN
cjfa-10415	130	14	is	be	AUX
cjfa-10415	130	15	driven	drive	VERB
cjfa-10415	130	16	by	by	ADP
cjfa-10415	130	17	the	the	DET
cjfa-10415	130	18	operating	operating	NOUN
cjfa-10415	130	19	efficiency	efficiency	NOUN
cjfa-10415	130	20	,	,	PUNCT
cjfa-10415	130	21	efficiency	efficiency	NOUN
cjfa-10415	130	22	of	of	ADP
cjfa-10415	130	23	risk	risk	NOUN
cjfa-10415	130	24	management	management	NOUN
cjfa-10415	130	25	,	,	PUNCT
cjfa-10415	130	26	leverage	leverage	NOUN
cjfa-10415	130	27	,	,	PUNCT
cjfa-10415	130	28	profitability	profitability	NOUN
cjfa-10415	130	29	,	,	PUNCT
cjfa-10415	130	30	and	and	CCONJ
cjfa-10415	130	31	size	size	NOUN
cjfa-10415	130	32	,	,	PUNCT
cjfa-10415	130	33	which	which	PRON
cjfa-10415	130	34	partially	partially	ADV
cjfa-10415	130	35	supports	support	VERB
cjfa-10415	130	36	the	the	DET
cjfa-10415	130	37	key	key	ADJ
cjfa-10415	130	38	hypothesis	hypothesis	NOUN
cjfa-10415	130	39	of	of	ADP
cjfa-10415	130	40	the	the	DET
cjfa-10415	130	41	present	present	ADJ
cjfa-10415	130	42	study	study	NOUN
cjfa-10415	130	43	.	.	PUNCT
cjfa-10415	131	1	the	the	DET
cjfa-10415	131	2	correlations	correlation	NOUN
cjfa-10415	131	3	between	between	ADP
cjfa-10415	131	4	the	the	DET
cjfa-10415	131	5	explanatory	explanatory	ADJ
cjfa-10415	131	6	variables	variable	NOUN
cjfa-10415	131	7	remained	remain	VERB
cjfa-10415	131	8	generally	generally	ADV
cjfa-10415	131	9	quite	quite	ADV
cjfa-10415	131	10	weak	weak	ADJ
cjfa-10415	131	11	or	or	CCONJ
cjfa-10415	131	12	statistically	statistically	ADV
cjfa-10415	131	13	insignificant	insignificant	ADJ
cjfa-10415	131	14	,	,	PUNCT
cjfa-10415	131	15	except	except	SCONJ
cjfa-10415	131	16	the	the	DET
cjfa-10415	131	17	positive	positive	ADJ
cjfa-10415	131	18	associations	association	NOUN
cjfa-10415	131	19	between	between	ADP
cjfa-10415	131	20	c	c	PROPN
cjfa-10415	131	21	/	/	SYM
cjfa-10415	131	22	i	i	PROPN
cjfa-10415	131	23	and	and	CCONJ
cjfa-10415	131	24	e	e	X
cjfa-10415	131	25	/	/	SYM
cjfa-10415	131	26	ta	ta	X
cjfa-10415	131	27	as	as	ADV
cjfa-10415	131	28	well	well	ADV
cjfa-10415	131	29	as	as	ADP
cjfa-10415	131	30	c	c	NOUN
cjfa-10415	131	31	/	/	SYM
cjfa-10415	131	32	i	i	PRON
cjfa-10415	131	33	and	and	CCONJ
cjfa-10415	131	34	ip	ip	PROPN
cjfa-10415	131	35	/	/	SYM
cjfa-10415	131	36	ta	ta	PROPN
cjfa-10415	131	37	and	and	CCONJ
cjfa-10415	131	38	a	a	DET
cjfa-10415	131	39	negative	negative	ADJ
cjfa-10415	131	40	one	one	NOUN
cjfa-10415	131	41	between	between	ADP
cjfa-10415	131	42	ln(ta	ln(ta	PROPN
cjfa-10415	131	43	)	)	PUNCT
cjfa-10415	131	44	and	and	CCONJ
cjfa-10415	131	45	la	la	PROPN
cjfa-10415	131	46	/	/	SYM
cjfa-10415	131	47	ta	ta	PROPN
cjfa-10415	131	48	,	,	PUNCT
cjfa-10415	131	49	which	which	PRON
cjfa-10415	131	50	suggest	suggest	VERB
cjfa-10415	131	51	that	that	SCONJ
cjfa-10415	131	52	less	less	ADV
cjfa-10415	131	53	operationally	operationally	ADV
cjfa-10415	131	54	efficient	efficient	ADJ
cjfa-10415	131	55	banks	bank	NOUN
cjfa-10415	131	56	were	be	AUX
cjfa-10415	131	57	typically	typically	ADV
cjfa-10415	131	58	operating	operate	VERB
cjfa-10415	131	59	under	under	ADP
cjfa-10415	131	60	lower	low	ADJ
cjfa-10415	131	61	leverage	leverage	NOUN
cjfa-10415	131	62	and	and	CCONJ
cjfa-10415	131	63	suffering	suffering	NOUN
cjfa-10415	131	64	from	from	ADP
cjfa-10415	131	65	relatively	relatively	ADV
cjfa-10415	131	66	higher	high	ADJ
cjfa-10415	131	67	impairment	impairment	ADJ
cjfa-10415	131	68	losses	loss	NOUN
cjfa-10415	131	69	while	while	SCONJ
cjfa-10415	131	70	larger	large	ADJ
cjfa-10415	131	71	banks	bank	NOUN
cjfa-10415	131	72	tended	tend	VERB
cjfa-10415	131	73	to	to	PART
cjfa-10415	131	74	keep	keep	VERB
cjfa-10415	131	75	lower	low	ADJ
cjfa-10415	131	76	shares	share	NOUN
cjfa-10415	131	77	of	of	ADP
cjfa-10415	131	78	liquid	liquid	ADJ
cjfa-10415	131	79	assets	asset	NOUN
cjfa-10415	131	80	,	,	PUNCT
cjfa-10415	131	81	as	as	ADP
cjfa-10415	131	82	being	be	AUX
cjfa-10415	131	83	able	able	ADJ
cjfa-10415	131	84	to	to	PART
cjfa-10415	131	85	run	run	VERB
cjfa-10415	131	86	a	a	DET
cjfa-10415	131	87	borrowed	borrow	VERB
cjfa-10415	131	88	-	-	PUNCT
cjfa-10415	131	89	liquidity	liquidity	NOUN
cjfa-10415	131	90	-	-	PUNCT
cjfa-10415	131	91	type	type	NOUN
cjfa-10415	131	92	strategy	strategy	NOUN
cjfa-10415	131	93	.	.	PUNCT
cjfa-10415	132	1	an	an	DET
cjfa-10415	132	2	empirical	empirical	ADJ
cjfa-10415	132	3	evaluation	evaluation	NOUN
cjfa-10415	132	4	of	of	ADP
cjfa-10415	132	5	selected	select	VERB
cjfa-10415	132	6	accounting	accounting	NOUN
cjfa-10415	132	7	-	-	PUNCT
cjfa-10415	132	8	based	base	VERB
cjfa-10415	132	9	…	…	PUNCT
cjfa-10415	132	10	33	33	NUM
cjfa-10415	132	11	in	in	ADP
cjfa-10415	132	12	the	the	DET
cjfa-10415	132	13	second	second	ADJ
cjfa-10415	132	14	stage	stage	NOUN
cjfa-10415	132	15	of	of	ADP
cjfa-10415	132	16	the	the	DET
cjfa-10415	132	17	research	research	NOUN
cjfa-10415	132	18	the	the	DET
cjfa-10415	132	19	tobins	tobin	NOUN
cjfa-10415	132	20	’	'	PUNCT
cjfa-10415	132	21	q	q	NOUN
cjfa-10415	132	22	of	of	ADP
cjfa-10415	132	23	the	the	DET
cjfa-10415	132	24	banks	bank	NOUN
cjfa-10415	132	25	was	be	AUX
cjfa-10415	132	26	linearly	linearly	ADV
cjfa-10415	132	27	regressed	regress	VERB
cjfa-10415	132	28	against	against	ADP
cjfa-10415	132	29	the	the	DET
cjfa-10415	132	30	selected	select	VERB
cjfa-10415	132	31	accounting	accounting	NOUN
cjfa-10415	132	32	-	-	PUNCT
cjfa-10415	132	33	based	base	VERB
cjfa-10415	132	34	variables	variable	NOUN
cjfa-10415	132	35	(	(	PUNCT
cjfa-10415	132	36	table	table	NOUN
cjfa-10415	132	37	3	3	NUM
cjfa-10415	132	38	.	.	PUNCT
cjfa-10415	132	39	)	)	PUNCT
cjfa-10415	132	40	.	.	PUNCT
cjfa-10415	133	1	table	table	NOUN
cjfa-10415	133	2	3	3	NUM
cjfa-10415	133	3	.	.	PUNCT
cjfa-10415	134	1	estimations	estimation	NOUN
cjfa-10415	134	2	of	of	ADP
cjfa-10415	134	3	the	the	DET
cjfa-10415	134	4	regression	regression	NOUN
cjfa-10415	134	5	model	model	NOUN
cjfa-10415	134	6	(	(	PUNCT
cjfa-10415	134	7	pooled	pool	VERB
cjfa-10415	134	8	sample	sample	NOUN
cjfa-10415	134	9	)	)	PUNCT
cjfa-10415	134	10	variable	variable	ADJ
cjfa-10415	134	11	/	/	SYM
cjfa-10415	134	12	statistic	statistic	NOUN
cjfa-10415	134	13	regression	regression	NOUN
cjfa-10415	134	14	coefficient	coefficient	NOUN
cjfa-10415	134	15	t	t	NOUN
cjfa-10415	134	16	-	-	PUNCT
cjfa-10415	134	17	statistic	statistic	NOUN
cjfa-10415	134	18	p	p	NOUN
cjfa-10415	134	19	-	-	PUNCT
cjfa-10415	134	20	value	value	NOUN
cjfa-10415	134	21	collinearity	collinearity	NOUN
cjfa-10415	134	22	statistics	statistic	NOUN
cjfa-10415	134	23	value	value	NOUN
cjfa-10415	134	24	std	std	PROPN
cjfa-10415	134	25	.	.	PUNCT
cjfa-10415	135	1	error	error	NOUN
cjfa-10415	135	2	tolerance	tolerance	NOUN
cjfa-10415	135	3	vif	vif	NOUN
cjfa-10415	135	4	intercept	intercept	VERB
cjfa-10415	135	5	0.809	0.809	NUM
cjfa-10415	135	6	0.173	0.173	NUM
cjfa-10415	135	7	4.680	4.680	NUM
cjfa-10415	135	8	0.000	0.000	NUM
cjfa-10415	135	9	ln	ln	NOUN
cjfa-10415	135	10	(	(	PUNCT
cjfa-10415	135	11	ta	ta	NOUN
cjfa-10415	135	12	)	)	PUNCT
cjfa-10415	135	13	0.014	0.014	NUM
cjfa-10415	135	14	0.009	0.009	NUM
cjfa-10415	135	15	1.539	1.539	NUM
cjfa-10415	135	16	0.125	0.125	NUM
cjfa-10415	135	17	0.753	0.753	NUM
cjfa-10415	135	18	1.329	1.329	NUM
cjfa-10415	135	19	c	c	NOUN
cjfa-10415	135	20	/	/	SYM
cjfa-10415	135	21	i	i	PRON
cjfa-10415	135	22	-0.057	-0.057	NOUN
cjfa-10415	136	1	0.018	0.018	NUM
cjfa-10415	136	2	-3.142	-3.142	NUM
cjfa-10415	136	3	0.002	0.002	NUM
cjfa-10415	136	4	0.462	0.462	NUM
cjfa-10415	136	5	2.164	2.164	NUM
cjfa-10415	136	6	roe	roe	NOUN
cjfa-10415	136	7	0.074	0.074	NUM
cjfa-10415	136	8	0.031	0.031	NUM
cjfa-10415	136	9	2.352	2.352	NUM
cjfa-10415	136	10	0.020	0.020	NUM
cjfa-10415	136	11	0.936	0.936	NUM
cjfa-10415	136	12	1.068	1.068	NUM
cjfa-10415	136	13	ncf	ncf	NOUN
cjfa-10415	136	14	/	/	SYM
cjfa-10415	136	15	ta	ta	PROPN
cjfa-10415	136	16	-0.217	-0.217	PROPN
cjfa-10415	136	17	0.200	0.200	NUM
cjfa-10415	136	18	-1.083	-1.083	NUM
cjfa-10415	136	19	0.280	0.280	NUM
cjfa-10415	136	20	0.976	0.976	NUM
cjfa-10415	136	21	1.024	1.024	NUM
cjfa-10415	136	22	e	e	NOUN
cjfa-10415	136	23	/	/	SYM
cjfa-10415	136	24	ta	ta	ADP
cjfa-10415	136	25	0.192	0.192	NUM
cjfa-10415	136	26	0.332	0.332	NUM
cjfa-10415	136	27	0.579	0.579	NUM
cjfa-10415	137	1	0.563	0.563	NUM
cjfa-10415	137	2	0.496	0.496	NUM
cjfa-10415	137	3	2.017	2.017	NUM
cjfa-10415	137	4	la	la	PROPN
cjfa-10415	137	5	/	/	SYM
cjfa-10415	137	6	ta	ta	PROPN
cjfa-10415	137	7	0.085	0.085	NUM
cjfa-10415	137	8	0.064	0.064	NUM
cjfa-10415	137	9	1.326	1.326	NUM
cjfa-10415	137	10	0.186	0.186	NUM
cjfa-10415	137	11	0.811	0.811	NUM
cjfa-10415	137	12	1.233	1.233	NUM
cjfa-10415	137	13	ip	ip	NOUN
cjfa-10415	137	14	/	/	SYM
cjfa-10415	137	15	ta	ta	NOUN
cjfa-10415	137	16	-2.128	-2.128	NOUN
cjfa-10415	137	17	0.418	0.418	NUM
cjfa-10415	137	18	-5.091	-5.091	PUNCT
cjfa-10415	137	19	0.000	0.000	NUM
cjfa-10415	137	20	0.856	0.856	NUM
cjfa-10415	137	21	1.169	1.169	NUM
cjfa-10415	137	22	r2	r2	NOUN
cjfa-10415	137	23	29.6	29.6	NUM
cjfa-10415	137	24	%	%	NOUN
cjfa-10415	137	25	adj	adj	PROPN
cjfa-10415	137	26	.	.	PROPN
cjfa-10415	137	27	r2	r2	PROPN
cjfa-10415	137	28	27.2	27.2	NUM
cjfa-10415	137	29	%	%	NOUN
cjfa-10415	137	30	f	f	NOUN
cjfa-10415	137	31	-	-	PUNCT
cjfa-10415	137	32	statistic	statistic	ADJ
cjfa-10415	137	33	12.767	12.767	NUM
cjfa-10415	137	34	0.000	0.000	NUM
cjfa-10415	137	35	n	n	PRON
cjfa-10415	137	36	221	221	NUM
cjfa-10415	137	37	s	s	NOUN
cjfa-10415	137	38	o	o	X
cjfa-10415	137	39	u	u	NOUN
cjfa-10415	137	40	r	r	NOUN
cjfa-10415	137	41	c	c	NOUN
cjfa-10415	137	42	e	e	NOUN
cjfa-10415	137	43	:	:	PUNCT
cjfa-10415	137	44	own	own	ADJ
cjfa-10415	137	45	study	study	NOUN
cjfa-10415	137	46	.	.	PUNCT
cjfa-10415	138	1	the	the	DET
cjfa-10415	138	2	estimated	estimate	VERB
cjfa-10415	138	3	regression	regression	NOUN
cjfa-10415	138	4	turned	turn	VERB
cjfa-10415	138	5	out	out	ADP
cjfa-10415	138	6	to	to	PART
cjfa-10415	138	7	be	be	AUX
cjfa-10415	138	8	statistically	statistically	ADV
cjfa-10415	138	9	significant	significant	ADJ
cjfa-10415	138	10	at	at	ADP
cjfa-10415	138	11	the	the	DET
cjfa-10415	138	12	1	1	NUM
cjfa-10415	138	13	%	%	NOUN
cjfa-10415	138	14	level	level	NOUN
cjfa-10415	138	15	.	.	PUNCT
cjfa-10415	139	1	additionally	additionally	ADV
cjfa-10415	139	2	,	,	PUNCT
cjfa-10415	139	3	the	the	DET
cjfa-10415	139	4	values	value	NOUN
cjfa-10415	139	5	of	of	ADP
cjfa-10415	139	6	variance	variance	NOUN
cjfa-10415	139	7	inflation	inflation	NOUN
cjfa-10415	139	8	factors	factor	NOUN
cjfa-10415	139	9	(	(	PUNCT
cjfa-10415	139	10	vif	vif	NOUN
cjfa-10415	139	11	)	)	PUNCT
cjfa-10415	139	12	do	do	AUX
cjfa-10415	139	13	not	not	PART
cjfa-10415	139	14	suggest	suggest	VERB
cjfa-10415	139	15	any	any	DET
cjfa-10415	139	16	serious	serious	ADJ
cjfa-10415	139	17	problems	problem	NOUN
cjfa-10415	139	18	with	with	ADP
cjfa-10415	139	19	multicollinearity	multicollinearity	NOUN
cjfa-10415	139	20	.	.	PUNCT
cjfa-10415	140	1	the	the	DET
cjfa-10415	140	2	changes	change	NOUN
cjfa-10415	140	3	in	in	ADP
cjfa-10415	140	4	the	the	DET
cjfa-10415	140	5	explanatory	explanatory	ADJ
cjfa-10415	140	6	variables	variable	NOUN
cjfa-10415	140	7	were	be	AUX
cjfa-10415	140	8	,	,	PUNCT
cjfa-10415	140	9	however	however	ADV
cjfa-10415	140	10	,	,	PUNCT
cjfa-10415	140	11	able	able	ADJ
cjfa-10415	140	12	to	to	PART
cjfa-10415	140	13	explain	explain	VERB
cjfa-10415	140	14	only	only	ADV
cjfa-10415	140	15	about	about	ADV
cjfa-10415	140	16	30	30	NUM
cjfa-10415	140	17	%	%	NOUN
cjfa-10415	140	18	of	of	ADP
cjfa-10415	140	19	variation	variation	NOUN
cjfa-10415	140	20	in	in	ADP
cjfa-10415	140	21	banks	bank	NOUN
cjfa-10415	140	22	’	'	PUNCT
cjfa-10415	140	23	tobin	tobin	PROPN
cjfa-10415	140	24	’s	’s	PART
cjfa-10415	140	25	q.	q.	PROPN
cjfa-10415	140	26	the	the	DET
cjfa-10415	140	27	signs	sign	NOUN
cjfa-10415	140	28	of	of	ADP
cjfa-10415	140	29	the	the	DET
cjfa-10415	140	30	estimated	estimate	VERB
cjfa-10415	140	31	regression	regression	NOUN
cjfa-10415	140	32	coefficients	coefficient	NOUN
cjfa-10415	140	33	were	be	AUX
cjfa-10415	140	34	generally	generally	ADV
cjfa-10415	140	35	consistent	consistent	ADJ
cjfa-10415	140	36	with	with	ADP
cjfa-10415	140	37	expectations	expectation	NOUN
cjfa-10415	140	38	,	,	PUNCT
cjfa-10415	140	39	except	except	SCONJ
cjfa-10415	140	40	the	the	DET
cjfa-10415	140	41	ones	one	NOUN
cjfa-10415	140	42	for	for	ADP
cjfa-10415	140	43	ncf	ncf	PROPN
cjfa-10415	140	44	/	/	SYM
cjfa-10415	140	45	ta	ta	PROPN
cjfa-10415	140	46	,	,	PUNCT
cjfa-10415	140	47	e	e	NOUN
cjfa-10415	140	48	/	/	SYM
cjfa-10415	140	49	ta	ta	PROPN
cjfa-10415	140	50	and	and	CCONJ
cjfa-10415	140	51	la	la	PROPN
cjfa-10415	140	52	/	/	SYM
cjfa-10415	140	53	ta	ta	PROPN
cjfa-10415	140	54	which	which	PRON
cjfa-10415	140	55	,	,	PUNCT
cjfa-10415	140	56	however	however	ADV
cjfa-10415	140	57	,	,	PUNCT
cjfa-10415	140	58	turned	turn	VERB
cjfa-10415	140	59	out	out	ADP
cjfa-10415	140	60	to	to	PART
cjfa-10415	140	61	be	be	AUX
cjfa-10415	140	62	statistically	statistically	ADV
cjfa-10415	140	63	insignificant	insignificant	ADJ
cjfa-10415	140	64	.	.	PUNCT
cjfa-10415	141	1	the	the	DET
cjfa-10415	141	2	change	change	NOUN
cjfa-10415	141	3	in	in	ADP
cjfa-10415	141	4	the	the	DET
cjfa-10415	141	5	sign	sign	NOUN
cjfa-10415	141	6	of	of	ADP
cjfa-10415	141	7	the	the	DET
cjfa-10415	141	8	regression	regression	NOUN
cjfa-10415	141	9	coefficient	coefficient	NOUN
cjfa-10415	141	10	for	for	ADP
cjfa-10415	141	11	e	e	NOUN
cjfa-10415	141	12	/	/	SYM
cjfa-10415	141	13	ta	ta	PROPN
cjfa-10415	141	14	,	,	PUNCT
cjfa-10415	141	15	compared	compare	VERB
cjfa-10415	141	16	to	to	ADP
cjfa-10415	141	17	the	the	DET
cjfa-10415	141	18	corresponding	corresponding	ADJ
cjfa-10415	141	19	correlation	correlation	NOUN
cjfa-10415	141	20	coefficient	coefficient	NOUN
cjfa-10415	141	21	,	,	PUNCT
cjfa-10415	141	22	is	be	AUX
cjfa-10415	141	23	likely	likely	ADJ
cjfa-10415	141	24	to	to	PART
cjfa-10415	141	25	be	be	AUX
cjfa-10415	141	26	resultant	resultant	VERB
cjfa-10415	141	27	from	from	ADP
cjfa-10415	141	28	the	the	DET
cjfa-10415	141	29	interactions	interaction	NOUN
cjfa-10415	141	30	with	with	ADP
cjfa-10415	141	31	other	other	ADJ
cjfa-10415	141	32	explanatory	explanatory	ADJ
cjfa-10415	141	33	variables	variable	NOUN
cjfa-10415	141	34	,	,	PUNCT
cjfa-10415	141	35	in	in	ADP
cjfa-10415	141	36	particular	particular	ADJ
cjfa-10415	141	37	the	the	DET
cjfa-10415	141	38	aforementioned	aforementioned	ADJ
cjfa-10415	141	39	relatively	relatively	ADV
cjfa-10415	141	40	strong	strong	ADJ
cjfa-10415	141	41	positive	positive	ADJ
cjfa-10415	141	42	correlation	correlation	NOUN
cjfa-10415	141	43	with	with	ADP
cjfa-10415	141	44	c	c	PROPN
cjfa-10415	141	45	/	/	SYM
cjfa-10415	141	46	i	i	PRON
cjfa-10415	141	47	ratio	ratio	NOUN
cjfa-10415	141	48	.	.	PUNCT
cjfa-10415	142	1	piotr	piotr	PROPN
cjfa-10415	142	2	bolibok34	bolibok34	PROPN
cjfa-10415	142	3	consistent	consistent	ADJ
cjfa-10415	142	4	with	with	ADP
cjfa-10415	142	5	expectations	expectation	NOUN
cjfa-10415	142	6	,	,	PUNCT
cjfa-10415	142	7	c	c	X
cjfa-10415	142	8	/	/	SYM
cjfa-10415	142	9	i	i	PRON
cjfa-10415	142	10	and	and	CCONJ
cjfa-10415	142	11	ip	ip	PROPN
cjfa-10415	142	12	/	/	SYM
cjfa-10415	142	13	ta	ta	PROPN
cjfa-10415	142	14	ratios	ratio	NOUN
cjfa-10415	142	15	exerted	exert	VERB
cjfa-10415	142	16	statistically	statistically	ADV
cjfa-10415	142	17	significant	significant	ADJ
cjfa-10415	142	18	negative	negative	ADJ
cjfa-10415	142	19	influence	influence	NOUN
cjfa-10415	142	20	on	on	ADP
cjfa-10415	142	21	the	the	DET
cjfa-10415	142	22	charter	charter	NOUN
cjfa-10415	142	23	values	value	NOUN
cjfa-10415	142	24	of	of	ADP
cjfa-10415	142	25	the	the	DET
cjfa-10415	142	26	examined	examine	VERB
cjfa-10415	142	27	banks	bank	NOUN
cjfa-10415	142	28	.	.	PUNCT
cjfa-10415	143	1	interestingly	interestingly	ADV
cjfa-10415	143	2	,	,	PUNCT
cjfa-10415	143	3	the	the	DET
cjfa-10415	143	4	changes	change	NOUN
cjfa-10415	143	5	in	in	ADP
cjfa-10415	143	6	the	the	DET
cjfa-10415	143	7	latter	latter	ADJ
cjfa-10415	143	8	ratio	ratio	NOUN
cjfa-10415	143	9	caused	cause	VERB
cjfa-10415	143	10	the	the	DET
cjfa-10415	143	11	highest	high	ADJ
cjfa-10415	143	12	responsiveness	responsiveness	NOUN
cjfa-10415	143	13	of	of	ADP
cjfa-10415	143	14	tobin	tobin	PROPN
cjfa-10415	143	15	’s	’s	PART
cjfa-10415	143	16	q.	q.	PROPN
cjfa-10415	143	17	also	also	ADV
cjfa-10415	143	18	the	the	DET
cjfa-10415	143	19	impact	impact	NOUN
cjfa-10415	143	20	of	of	ADP
cjfa-10415	143	21	roe	roe	NOUN
cjfa-10415	143	22	was	be	AUX
cjfa-10415	143	23	positive	positive	ADJ
cjfa-10415	143	24	and	and	CCONJ
cjfa-10415	143	25	statistically	statistically	ADV
cjfa-10415	143	26	significant	significant	ADJ
cjfa-10415	143	27	,	,	PUNCT
cjfa-10415	143	28	as	as	SCONJ
cjfa-10415	143	29	presumed	presume	VERB
cjfa-10415	143	30	.	.	PUNCT
cjfa-10415	144	1	moreover	moreover	ADV
cjfa-10415	144	2	,	,	PUNCT
cjfa-10415	144	3	despite	despite	SCONJ
cjfa-10415	144	4	the	the	DET
cjfa-10415	144	5	aforementioned	aforementioned	ADJ
cjfa-10415	144	6	low	low	ADJ
cjfa-10415	144	7	correlation	correlation	NOUN
cjfa-10415	144	8	,	,	PUNCT
cjfa-10415	144	9	the	the	DET
cjfa-10415	144	10	responsiveness	responsiveness	NOUN
cjfa-10415	144	11	of	of	ADP
cjfa-10415	144	12	bank	bank	NOUN
cjfa-10415	144	13	charter	charter	NOUN
cjfa-10415	144	14	values	value	NOUN
cjfa-10415	144	15	to	to	ADP
cjfa-10415	144	16	changes	change	NOUN
cjfa-10415	144	17	in	in	ADP
cjfa-10415	144	18	roe	roe	NOUN
cjfa-10415	144	19	became	become	VERB
cjfa-10415	144	20	in	in	ADP
cjfa-10415	144	21	fact	fact	NOUN
cjfa-10415	144	22	even	even	ADV
cjfa-10415	144	23	stronger	strong	ADJ
cjfa-10415	144	24	than	than	ADP
cjfa-10415	144	25	that	that	PRON
cjfa-10415	144	26	of	of	ADP
cjfa-10415	144	27	c	c	PROPN
cjfa-10415	144	28	/	/	SYM
cjfa-10415	144	29	i	i	PRON
cjfa-10415	144	30	ratio	ratio	NOUN
cjfa-10415	144	31	,	,	PUNCT
cjfa-10415	144	32	when	when	SCONJ
cjfa-10415	144	33	combined	combine	VERB
cjfa-10415	144	34	with	with	ADP
cjfa-10415	144	35	other	other	ADJ
cjfa-10415	144	36	explanatory	explanatory	ADJ
cjfa-10415	144	37	variables	variable	NOUN
cjfa-10415	144	38	.	.	PUNCT
cjfa-10415	145	1	in	in	ADP
cjfa-10415	145	2	turn	turn	NOUN
cjfa-10415	145	3	,	,	PUNCT
cjfa-10415	145	4	the	the	DET
cjfa-10415	145	5	regression	regression	NOUN
cjfa-10415	145	6	coefficient	coefficient	NOUN
cjfa-10415	145	7	for	for	ADP
cjfa-10415	145	8	the	the	DET
cjfa-10415	145	9	size	size	NOUN
cjfa-10415	145	10	proxy	proxy	NOUN
cjfa-10415	145	11	(	(	PUNCT
cjfa-10415	145	12	ln(ta	ln(ta	PROPN
cjfa-10415	145	13	)	)	PUNCT
cjfa-10415	145	14	)	)	PUNCT
cjfa-10415	145	15	,	,	PUNCT
cjfa-10415	145	16	although	although	SCONJ
cjfa-10415	145	17	positive	positive	ADJ
cjfa-10415	145	18	,	,	PUNCT
cjfa-10415	145	19	turned	turn	VERB
cjfa-10415	145	20	out	out	ADP
cjfa-10415	145	21	to	to	PART
cjfa-10415	145	22	be	be	AUX
cjfa-10415	145	23	statistically	statistically	ADV
cjfa-10415	145	24	insignificant	insignificant	ADJ
cjfa-10415	145	25	.	.	PUNCT
cjfa-10415	146	1	the	the	DET
cjfa-10415	146	2	results	result	NOUN
cjfa-10415	146	3	of	of	ADP
cjfa-10415	146	4	the	the	DET
cjfa-10415	146	5	conducted	conduct	VERB
cjfa-10415	146	6	analyses	analysis	NOUN
cjfa-10415	146	7	demonstrate	demonstrate	VERB
cjfa-10415	146	8	that	that	SCONJ
cjfa-10415	146	9	charter	charter	NOUN
cjfa-10415	146	10	values	value	NOUN
cjfa-10415	146	11	of	of	ADP
cjfa-10415	146	12	the	the	DET
cjfa-10415	146	13	examined	examine	VERB
cjfa-10415	146	14	banks	bank	NOUN
cjfa-10415	146	15	were	be	AUX
cjfa-10415	146	16	most	most	ADV
cjfa-10415	146	17	sensitive	sensitive	ADJ
cjfa-10415	146	18	to	to	ADP
cjfa-10415	146	19	the	the	DET
cjfa-10415	146	20	changes	change	NOUN
cjfa-10415	146	21	in	in	ADP
cjfa-10415	146	22	the	the	DET
cjfa-10415	146	23	relative	relative	ADJ
cjfa-10415	146	24	scale	scale	NOUN
cjfa-10415	146	25	of	of	ADP
cjfa-10415	146	26	asset	asset	NOUN
cjfa-10415	146	27	impairment	impairment	NOUN
cjfa-10415	146	28	.	.	PUNCT
cjfa-10415	147	1	the	the	DET
cjfa-10415	147	2	efficiency	efficiency	NOUN
cjfa-10415	147	3	of	of	ADP
cjfa-10415	147	4	risk	risk	NOUN
cjfa-10415	147	5	management	management	NOUN
cjfa-10415	147	6	appears	appear	VERB
cjfa-10415	147	7	therefore	therefore	ADV
cjfa-10415	147	8	to	to	PART
cjfa-10415	147	9	be	be	AUX
cjfa-10415	147	10	of	of	ADP
cjfa-10415	147	11	crucial	crucial	ADJ
cjfa-10415	147	12	importance	importance	NOUN
cjfa-10415	147	13	for	for	ADP
cjfa-10415	147	14	equity	equity	NOUN
cjfa-10415	147	15	investors	investor	NOUN
cjfa-10415	147	16	in	in	ADP
cjfa-10415	147	17	the	the	DET
cjfa-10415	147	18	polish	polish	ADJ
cjfa-10415	147	19	banking	banking	NOUN
cjfa-10415	147	20	sector	sector	NOUN
cjfa-10415	147	21	.	.	PUNCT
cjfa-10415	148	1	as	as	SCONJ
cjfa-10415	148	2	impairment	impairment	ADJ
cjfa-10415	148	3	provisions	provision	NOUN
cjfa-10415	148	4	exerted	exert	VERB
cjfa-10415	148	5	strictly	strictly	ADV
cjfa-10415	148	6	negative	negative	ADJ
cjfa-10415	148	7	impact	impact	NOUN
cjfa-10415	148	8	on	on	ADP
cjfa-10415	148	9	charter	charter	NOUN
cjfa-10415	148	10	values	value	NOUN
cjfa-10415	148	11	,	,	PUNCT
cjfa-10415	148	12	it	it	PRON
cjfa-10415	148	13	seems	seem	VERB
cjfa-10415	148	14	unlikely	unlikely	ADJ
cjfa-10415	148	15	that	that	SCONJ
cjfa-10415	148	16	they	they	PRON
cjfa-10415	148	17	might	might	AUX
cjfa-10415	148	18	be	be	AUX
cjfa-10415	148	19	used	use	VERB
cjfa-10415	148	20	for	for	ADP
cjfa-10415	148	21	signaling	signal	VERB
cjfa-10415	148	22	purposes	purpose	NOUN
cjfa-10415	148	23	,	,	PUNCT
cjfa-10415	148	24	which	which	PRON
cjfa-10415	148	25	is	be	AUX
cjfa-10415	148	26	in	in	ADP
cjfa-10415	148	27	line	line	NOUN
cjfa-10415	148	28	with	with	ADP
cjfa-10415	148	29	the	the	DET
cjfa-10415	148	30	findings	finding	NOUN
cjfa-10415	148	31	of	of	ADP
cjfa-10415	148	32	ahmed	ahmed	PROPN
cjfa-10415	148	33	et	et	PROPN
cjfa-10415	148	34	al	al	PROPN
cjfa-10415	148	35	.	.	PROPN
cjfa-10415	149	1	(	(	PUNCT
cjfa-10415	149	2	1999	1999	NUM
cjfa-10415	149	3	)	)	PUNCT
cjfa-10415	149	4	,	,	PUNCT
cjfa-10415	149	5	lim	lim	PROPN
cjfa-10415	149	6	et	et	PROPN
cjfa-10415	149	7	al	al	PROPN
cjfa-10415	149	8	.	.	PROPN
cjfa-10415	150	1	(	(	PUNCT
cjfa-10415	150	2	2013	2013	NUM
cjfa-10415	150	3	)	)	PUNCT
cjfa-10415	150	4	,	,	PUNCT
cjfa-10415	150	5	and	and	CCONJ
cjfa-10415	150	6	bolibok	bolibok	NOUN
cjfa-10415	150	7	(	(	PUNCT
cjfa-10415	150	8	2015	2015	NUM
cjfa-10415	150	9	)	)	PUNCT
cjfa-10415	150	10	.	.	PUNCT
cjfa-10415	151	1	operating	operate	VERB
cjfa-10415	151	2	efficiency	efficiency	NOUN
cjfa-10415	151	3	,	,	PUNCT
cjfa-10415	151	4	proxied	proxie	VERB
cjfa-10415	151	5	by	by	ADP
cjfa-10415	151	6	c	c	PROPN
cjfa-10415	151	7	/	/	SYM
cjfa-10415	151	8	i	i	PRON
cjfa-10415	151	9	ratio	ratio	NOUN
cjfa-10415	151	10	,	,	PUNCT
cjfa-10415	151	11	seems	seem	VERB
cjfa-10415	151	12	to	to	PART
cjfa-10415	151	13	be	be	AUX
cjfa-10415	151	14	an	an	DET
cjfa-10415	151	15	another	another	DET
cjfa-10415	151	16	important	important	ADJ
cjfa-10415	151	17	determinant	determinant	NOUN
cjfa-10415	151	18	of	of	ADP
cjfa-10415	151	19	charter	charter	NOUN
cjfa-10415	151	20	value	value	NOUN
cjfa-10415	151	21	in	in	ADP
cjfa-10415	151	22	the	the	DET
cjfa-10415	151	23	investigated	investigated	ADJ
cjfa-10415	151	24	sample	sample	NOUN
cjfa-10415	151	25	.	.	PUNCT
cjfa-10415	152	1	the	the	DET
cjfa-10415	152	2	market	market	NOUN
cjfa-10415	152	3	clearly	clearly	ADV
cjfa-10415	152	4	rewarded	reward	VERB
cjfa-10415	152	5	more	more	ADJ
cjfa-10415	152	6	cost	cost	NOUN
cjfa-10415	152	7	-	-	PUNCT
cjfa-10415	152	8	efficient	efficient	ADJ
cjfa-10415	152	9	banks	bank	NOUN
cjfa-10415	152	10	,	,	PUNCT
cjfa-10415	152	11	which	which	PRON
cjfa-10415	152	12	is	be	AUX
cjfa-10415	152	13	consistent	consistent	ADJ
cjfa-10415	152	14	with	with	ADP
cjfa-10415	152	15	the	the	DET
cjfa-10415	152	16	findings	finding	NOUN
cjfa-10415	152	17	of	of	ADP
cjfa-10415	152	18	gosh	gosh	PROPN
cjfa-10415	152	19	(	(	PUNCT
cjfa-10415	152	20	2009	2009	NUM
cjfa-10415	152	21	)	)	PUNCT
cjfa-10415	152	22	,	,	PUNCT
cjfa-10415	152	23	jordan	jordan	PROPN
cjfa-10415	152	24	et	et	PROPN
cjfa-10415	152	25	al	al	PROPN
cjfa-10415	152	26	.	.	PROPN
cjfa-10415	153	1	(	(	PUNCT
cjfa-10415	153	2	2011	2011	NUM
cjfa-10415	153	3	)	)	PUNCT
cjfa-10415	153	4	,	,	PUNCT
cjfa-10415	153	5	as	as	ADV
cjfa-10415	153	6	well	well	ADV
cjfa-10415	153	7	as	as	ADP
cjfa-10415	153	8	shamsuddin	shamsuddin	VERB
cjfa-10415	153	9	and	and	CCONJ
cjfa-10415	153	10	xiang	xiang	PROPN
cjfa-10415	153	11	(	(	PUNCT
cjfa-10415	153	12	2012	2012	NUM
cjfa-10415	153	13	)	)	PUNCT
cjfa-10415	153	14	.	.	PUNCT
cjfa-10415	154	1	the	the	DET
cjfa-10415	154	2	outcomes	outcome	NOUN
cjfa-10415	154	3	of	of	ADP
cjfa-10415	154	4	both	both	DET
cjfa-10415	154	5	stages	stage	NOUN
cjfa-10415	154	6	of	of	ADP
cjfa-10415	154	7	the	the	DET
cjfa-10415	154	8	research	research	NOUN
cjfa-10415	154	9	process	process	NOUN
cjfa-10415	154	10	have	have	AUX
cjfa-10415	154	11	also	also	ADV
cjfa-10415	154	12	confirmed	confirm	VERB
cjfa-10415	154	13	a	a	DET
cjfa-10415	154	14	statistically	statistically	ADV
cjfa-10415	154	15	significant	significant	ADJ
cjfa-10415	154	16	,	,	PUNCT
cjfa-10415	154	17	positive	positive	ADJ
cjfa-10415	154	18	impact	impact	NOUN
cjfa-10415	154	19	of	of	ADP
cjfa-10415	154	20	banks	bank	NOUN
cjfa-10415	154	21	’	'	PUNCT
cjfa-10415	154	22	profitability	profitability	NOUN
cjfa-10415	154	23	(	(	PUNCT
cjfa-10415	154	24	measured	measure	VERB
cjfa-10415	154	25	with	with	ADP
cjfa-10415	154	26	roe	roe	NOUN
cjfa-10415	154	27	)	)	PUNCT
cjfa-10415	154	28	on	on	ADP
cjfa-10415	154	29	their	their	PRON
cjfa-10415	154	30	charter	charter	NOUN
cjfa-10415	154	31	values	value	NOUN
cjfa-10415	154	32	.	.	PUNCT
cjfa-10415	155	1	even	even	ADV
cjfa-10415	155	2	though	though	SCONJ
cjfa-10415	155	3	a	a	DET
cjfa-10415	155	4	relatively	relatively	ADV
cjfa-10415	155	5	low	low	ADJ
cjfa-10415	155	6	correlation	correlation	NOUN
cjfa-10415	155	7	of	of	ADP
cjfa-10415	155	8	the	the	DET
cjfa-10415	155	9	aforementioned	aforementioned	ADJ
cjfa-10415	155	10	variables	variable	NOUN
cjfa-10415	155	11	was	be	AUX
cjfa-10415	155	12	quite	quite	ADV
cjfa-10415	155	13	surprising	surprising	ADJ
cjfa-10415	155	14	,	,	PUNCT
cjfa-10415	155	15	the	the	DET
cjfa-10415	155	16	results	result	NOUN
cjfa-10415	155	17	of	of	ADP
cjfa-10415	155	18	the	the	DET
cjfa-10415	155	19	regression	regression	NOUN
cjfa-10415	155	20	analysis	analysis	NOUN
cjfa-10415	155	21	suggest	suggest	VERB
cjfa-10415	155	22	that	that	SCONJ
cjfa-10415	155	23	,	,	PUNCT
cjfa-10415	155	24	when	when	SCONJ
cjfa-10415	155	25	combined	combine	VERB
cjfa-10415	155	26	with	with	ADP
cjfa-10415	155	27	other	other	ADJ
cjfa-10415	155	28	explanatory	explanatory	ADJ
cjfa-10415	155	29	variables	variable	NOUN
cjfa-10415	155	30	,	,	PUNCT
cjfa-10415	155	31	roe	roe	NOUN
cjfa-10415	155	32	becomes	become	VERB
cjfa-10415	155	33	even	even	ADV
cjfa-10415	155	34	more	more	ADJ
cjfa-10415	155	35	value	value	NOUN
cjfa-10415	155	36	-	-	PUNCT
cjfa-10415	155	37	relevant	relevant	ADJ
cjfa-10415	155	38	than	than	ADP
cjfa-10415	155	39	c	c	NOUN
cjfa-10415	155	40	/	/	SYM
cjfa-10415	155	41	i	i	PRON
cjfa-10415	155	42	ratio	ratio	NOUN
cjfa-10415	155	43	.	.	PUNCT
cjfa-10415	156	1	it	it	PRON
cjfa-10415	156	2	is	be	AUX
cjfa-10415	156	3	likely	likely	ADJ
cjfa-10415	156	4	,	,	PUNCT
cjfa-10415	156	5	however	however	ADV
cjfa-10415	156	6	,	,	PUNCT
cjfa-10415	156	7	that	that	SCONJ
cjfa-10415	156	8	the	the	DET
cjfa-10415	156	9	value	value	NOUN
cjfa-10415	156	10	relevance	relevance	NOUN
cjfa-10415	156	11	of	of	ADP
cjfa-10415	156	12	roe	roe	NOUN
cjfa-10415	156	13	might	might	AUX
cjfa-10415	156	14	be	be	AUX
cjfa-10415	156	15	in	in	ADP
cjfa-10415	156	16	fact	fact	NOUN
cjfa-10415	156	17	different	different	ADJ
cjfa-10415	156	18	in	in	ADP
cjfa-10415	156	19	the	the	DET
cjfa-10415	156	20	periods	period	NOUN
cjfa-10415	156	21	preceding	precede	VERB
cjfa-10415	156	22	and	and	CCONJ
cjfa-10415	156	23	succeeding	succeed	VERB
cjfa-10415	156	24	the	the	DET
cjfa-10415	156	25	last	last	ADJ
cjfa-10415	156	26	global	global	ADJ
cjfa-10415	156	27	economic	economic	ADJ
cjfa-10415	156	28	crisis	crisis	NOUN
cjfa-10415	156	29	,	,	PUNCT
cjfa-10415	156	30	as	as	SCONJ
cjfa-10415	156	31	suggested	suggest	VERB
cjfa-10415	156	32	by	by	ADP
cjfa-10415	156	33	fortin	fortin	PROPN
cjfa-10415	156	34	et	et	PROPN
cjfa-10415	156	35	al	al	PROPN
cjfa-10415	156	36	.	.	PROPN
cjfa-10415	157	1	(	(	PUNCT
cjfa-10415	157	2	2011	2011	NUM
cjfa-10415	157	3	)	)	PUNCT
cjfa-10415	157	4	,	,	PUNCT
cjfa-10415	157	5	in	in	ADP
cjfa-10415	157	6	particular	particular	ADJ
cjfa-10415	157	7	due	due	ADP
cjfa-10415	157	8	to	to	ADP
cjfa-10415	157	9	considerably	considerably	ADV
cjfa-10415	157	10	increased	increase	VERB
cjfa-10415	157	11	volatility	volatility	NOUN
cjfa-10415	157	12	of	of	ADP
cjfa-10415	157	13	banks	bank	NOUN
cjfa-10415	157	14	’	'	PUNCT
cjfa-10415	157	15	net	net	ADJ
cjfa-10415	157	16	earnings	earning	NOUN
cjfa-10415	157	17	resulting	result	VERB
cjfa-10415	157	18	from	from	ADP
cjfa-10415	157	19	significant	significant	ADJ
cjfa-10415	157	20	fluctuations	fluctuation	NOUN
cjfa-10415	157	21	in	in	ADP
cjfa-10415	157	22	impairment	impairment	ADJ
cjfa-10415	157	23	provisions	provision	NOUN
cjfa-10415	157	24	after	after	ADP
cjfa-10415	157	25	the	the	DET
cjfa-10415	157	26	beginning	beginning	NOUN
cjfa-10415	157	27	of	of	ADP
cjfa-10415	157	28	the	the	DET
cjfa-10415	157	29	crisis	crisis	NOUN
cjfa-10415	157	30	.	.	PUNCT
cjfa-10415	158	1	the	the	DET
cjfa-10415	158	2	results	result	NOUN
cjfa-10415	158	3	of	of	ADP
cjfa-10415	158	4	the	the	DET
cjfa-10415	158	5	investigation	investigation	NOUN
cjfa-10415	158	6	of	of	ADP
cjfa-10415	158	7	the	the	DET
cjfa-10415	158	8	impact	impact	NOUN
cjfa-10415	158	9	of	of	ADP
cjfa-10415	158	10	banks	bank	NOUN
cjfa-10415	158	11	’	'	PUNCT
cjfa-10415	158	12	leverage	leverage	NOUN
cjfa-10415	158	13	on	on	ADP
cjfa-10415	158	14	their	their	PRON
cjfa-10415	158	15	charter	charter	NOUN
cjfa-10415	158	16	values	value	NOUN
cjfa-10415	158	17	are	be	AUX
cjfa-10415	158	18	ambiguous	ambiguous	ADJ
cjfa-10415	158	19	.	.	PUNCT
cjfa-10415	159	1	on	on	ADP
cjfa-10415	159	2	the	the	DET
cjfa-10415	159	3	one	one	NUM
cjfa-10415	159	4	hand	hand	NOUN
cjfa-10415	159	5	,	,	PUNCT
cjfa-10415	159	6	a	a	DET
cjfa-10415	159	7	negative	negative	ADJ
cjfa-10415	159	8	correlation	correlation	NOUN
cjfa-10415	159	9	between	between	ADP
cjfa-10415	159	10	bank	bank	NOUN
cjfa-10415	159	11	charter	charter	NOUN
cjfa-10415	159	12	values	value	NOUN
cjfa-10415	159	13	and	and	CCONJ
cjfa-10415	159	14	e	e	NOUN
cjfa-10415	159	15	/	/	SYM
cjfa-10415	159	16	ta	ta	PROPN
cjfa-10415	159	17	ratio	ratio	NOUN
cjfa-10415	159	18	indicates	indicate	VERB
cjfa-10415	159	19	that	that	SCONJ
cjfa-10415	159	20	the	the	DET
cjfa-10415	159	21	market	market	NOUN
cjfa-10415	159	22	rewards	reward	VERB
cjfa-10415	159	23	banks	bank	NOUN
cjfa-10415	159	24	that	that	PRON
cjfa-10415	159	25	take	take	VERB
cjfa-10415	159	26	on	on	ADP
cjfa-10415	159	27	higher	high	ADJ
cjfa-10415	159	28	leverage	leverage	NOUN
cjfa-10415	159	29	to	to	PART
cjfa-10415	159	30	improve	improve	VERB
cjfa-10415	159	31	their	their	PRON
cjfa-10415	159	32	returns	return	NOUN
cjfa-10415	159	33	on	on	ADP
cjfa-10415	159	34	equity	equity	NOUN
cjfa-10415	159	35	,	,	PUNCT
cjfa-10415	159	36	thus	thus	ADV
cjfa-10415	159	37	supporting	support	VERB
cjfa-10415	159	38	the	the	DET
cjfa-10415	159	39	standpoints	standpoint	NOUN
cjfa-10415	159	40	of	of	ADP
cjfa-10415	159	41	hart	hart	PROPN
cjfa-10415	159	42	and	and	CCONJ
cjfa-10415	159	43	moore	moore	PROPN
cjfa-10415	159	44	(	(	PUNCT
cjfa-10415	159	45	1995	1995	NUM
cjfa-10415	159	46	)	)	PUNCT
cjfa-10415	159	47	or	or	CCONJ
cjfa-10415	159	48	allen	allen	VERB
cjfa-10415	159	49	et	et	PROPN
cjfa-10415	159	50	al	al	PROPN
cjfa-10415	159	51	.	.	PROPN
cjfa-10415	160	1	(	(	PUNCT
cjfa-10415	160	2	2011	2011	NUM
cjfa-10415	160	3	)	)	PUNCT
cjfa-10415	160	4	.	.	PUNCT
cjfa-10415	161	1	on	on	ADP
cjfa-10415	161	2	the	the	DET
cjfa-10415	161	3	oth	oth	PROPN
cjfa-10415	161	4	an	an	DET
cjfa-10415	161	5	empirical	empirical	ADJ
cjfa-10415	161	6	evaluation	evaluation	NOUN
cjfa-10415	161	7	of	of	ADP
cjfa-10415	161	8	selected	select	VERB
cjfa-10415	161	9	accounting	accounting	NOUN
cjfa-10415	161	10	-	-	PUNCT
cjfa-10415	161	11	based	base	VERB
cjfa-10415	161	12	…	…	PUNCT
cjfa-10415	161	13	35	35	NUM
cjfa-10415	161	14	er	er	INTJ
cjfa-10415	161	15	hand	hand	NOUN
cjfa-10415	161	16	,	,	PUNCT
cjfa-10415	161	17	however	however	ADV
cjfa-10415	161	18	,	,	PUNCT
cjfa-10415	161	19	the	the	DET
cjfa-10415	161	20	extent	extent	NOUN
cjfa-10415	161	21	of	of	ADP
cjfa-10415	161	22	leverage	leverage	NOUN
cjfa-10415	161	23	becomes	become	VERB
cjfa-10415	161	24	value	value	NOUN
cjfa-10415	161	25	-	-	PUNCT
cjfa-10415	161	26	irrelevant	irrelevant	ADJ
cjfa-10415	161	27	when	when	SCONJ
cjfa-10415	161	28	combined	combine	VERB
cjfa-10415	161	29	with	with	ADP
cjfa-10415	161	30	other	other	ADJ
cjfa-10415	161	31	explanatory	explanatory	ADJ
cjfa-10415	161	32	variables	variable	NOUN
cjfa-10415	161	33	in	in	ADP
cjfa-10415	161	34	the	the	DET
cjfa-10415	161	35	multiple	multiple	ADJ
cjfa-10415	161	36	regression	regression	NOUN
cjfa-10415	161	37	model	model	NOUN
cjfa-10415	161	38	.	.	PUNCT
cjfa-10415	162	1	the	the	DET
cjfa-10415	162	2	findings	finding	NOUN
cjfa-10415	162	3	regarding	regard	VERB
cjfa-10415	162	4	the	the	DET
cjfa-10415	162	5	impact	impact	NOUN
cjfa-10415	162	6	of	of	ADP
cjfa-10415	162	7	leverage	leverage	NOUN
cjfa-10415	162	8	on	on	ADP
cjfa-10415	162	9	banks	bank	NOUN
cjfa-10415	162	10	’	'	PUNCT
cjfa-10415	162	11	charter	charter	NOUN
cjfa-10415	162	12	values	value	NOUN
cjfa-10415	162	13	become	become	VERB
cjfa-10415	162	14	particularly	particularly	ADV
cjfa-10415	162	15	interesting	interesting	ADJ
cjfa-10415	162	16	in	in	ADP
cjfa-10415	162	17	juxtaposition	juxtaposition	NOUN
cjfa-10415	162	18	with	with	ADP
cjfa-10415	162	19	an	an	DET
cjfa-10415	162	20	apparent	apparent	ADJ
cjfa-10415	162	21	value	value	NOUN
cjfa-10415	162	22	irrelevance	irrelevance	NOUN
cjfa-10415	162	23	of	of	ADP
cjfa-10415	162	24	the	the	DET
cjfa-10415	162	25	liquidity	liquidity	NOUN
cjfa-10415	162	26	of	of	ADP
cjfa-10415	162	27	banks	bank	NOUN
cjfa-10415	162	28	’	'	PUNCT
cjfa-10415	162	29	assets	asset	NOUN
cjfa-10415	162	30	(	(	PUNCT
cjfa-10415	162	31	la	la	PROPN
cjfa-10415	162	32	/	/	SYM
cjfa-10415	162	33	ta	ta	PROPN
cjfa-10415	162	34	ratio	ratio	NOUN
cjfa-10415	162	35	)	)	PUNCT
cjfa-10415	162	36	which	which	PRON
cjfa-10415	162	37	suggests	suggest	VERB
cjfa-10415	162	38	that	that	SCONJ
cjfa-10415	162	39	the	the	DET
cjfa-10415	162	40	equity	equity	NOUN
cjfa-10415	162	41	investors	investor	NOUN
cjfa-10415	162	42	in	in	ADP
cjfa-10415	162	43	the	the	DET
cjfa-10415	162	44	polish	polish	ADJ
cjfa-10415	162	45	banking	banking	NOUN
cjfa-10415	162	46	sector	sector	NOUN
cjfa-10415	162	47	might	might	AUX
cjfa-10415	162	48	not	not	PART
cjfa-10415	162	49	be	be	AUX
cjfa-10415	162	50	particularly	particularly	ADV
cjfa-10415	162	51	concerned	concerned	ADJ
cjfa-10415	162	52	about	about	ADP
cjfa-10415	162	53	the	the	DET
cjfa-10415	162	54	issues	issue	NOUN
cjfa-10415	162	55	related	relate	VERB
cjfa-10415	162	56	to	to	ADP
cjfa-10415	162	57	banks	bank	NOUN
cjfa-10415	162	58	’	’	PART
cjfa-10415	162	59	stability	stability	NOUN
cjfa-10415	162	60	or	or	CCONJ
cjfa-10415	162	61	solvency	solvency	NOUN
cjfa-10415	162	62	,	,	PUNCT
cjfa-10415	162	63	assuming	assume	VERB
cjfa-10415	162	64	that	that	SCONJ
cjfa-10415	162	65	regulatory	regulatory	ADJ
cjfa-10415	162	66	supervision	supervision	NOUN
cjfa-10415	162	67	,	,	PUNCT
cjfa-10415	162	68	deposit	deposit	NOUN
cjfa-10415	162	69	guarantees	guarantee	NOUN
cjfa-10415	162	70	and	and	CCONJ
cjfa-10415	162	71	other	other	ADJ
cjfa-10415	162	72	safety	safety	NOUN
cjfa-10415	162	73	net	net	ADJ
cjfa-10415	162	74	solutions	solution	NOUN
cjfa-10415	162	75	should	should	AUX
cjfa-10415	162	76	enable	enable	VERB
cjfa-10415	162	77	the	the	DET
cjfa-10415	162	78	management	management	NOUN
cjfa-10415	162	79	of	of	ADP
cjfa-10415	162	80	banks	bank	NOUN
cjfa-10415	162	81	to	to	PART
cjfa-10415	162	82	concentrate	concentrate	VERB
cjfa-10415	162	83	their	their	PRON
cjfa-10415	162	84	efforts	effort	NOUN
cjfa-10415	162	85	on	on	ADP
cjfa-10415	162	86	the	the	DET
cjfa-10415	162	87	maximization	maximization	NOUN
cjfa-10415	162	88	of	of	ADP
cjfa-10415	162	89	profitability	profitability	NOUN
cjfa-10415	162	90	,	,	PUNCT
cjfa-10415	162	91	even	even	ADV
cjfa-10415	162	92	at	at	ADP
cjfa-10415	162	93	the	the	DET
cjfa-10415	162	94	expense	expense	NOUN
cjfa-10415	162	95	of	of	ADP
cjfa-10415	162	96	higher	high	ADJ
cjfa-10415	162	97	risk	risk	NOUN
cjfa-10415	162	98	exposure	exposure	NOUN
cjfa-10415	162	99	.	.	PUNCT
cjfa-10415	163	1	the	the	DET
cjfa-10415	163	2	examination	examination	NOUN
cjfa-10415	163	3	of	of	ADP
cjfa-10415	163	4	the	the	DET
cjfa-10415	163	5	impact	impact	NOUN
cjfa-10415	163	6	of	of	ADP
cjfa-10415	163	7	banks	bank	NOUN
cjfa-10415	163	8	’	'	PUNCT
cjfa-10415	163	9	size	size	NOUN
cjfa-10415	163	10	on	on	ADP
cjfa-10415	163	11	their	their	PRON
cjfa-10415	163	12	charter	charter	NOUN
cjfa-10415	163	13	values	value	NOUN
cjfa-10415	163	14	produced	produce	VERB
cjfa-10415	163	15	mixed	mixed	ADJ
cjfa-10415	163	16	results	result	NOUN
cjfa-10415	163	17	as	as	ADV
cjfa-10415	163	18	well	well	ADV
cjfa-10415	163	19	.	.	PUNCT
cjfa-10415	164	1	even	even	ADV
cjfa-10415	164	2	though	though	SCONJ
cjfa-10415	164	3	the	the	DET
cjfa-10415	164	4	banks	bank	NOUN
cjfa-10415	164	5	listed	list	VERB
cjfa-10415	164	6	on	on	ADP
cjfa-10415	164	7	the	the	DET
cjfa-10415	164	8	warsaw	warsaw	PROPN
cjfa-10415	164	9	stock	stock	PROPN
cjfa-10415	164	10	exchange	exchange	PROPN
cjfa-10415	164	11	significantly	significantly	ADV
cjfa-10415	164	12	differ	differ	VERB
cjfa-10415	164	13	among	among	ADP
cjfa-10415	164	14	each	each	DET
cjfa-10415	164	15	other	other	ADJ
cjfa-10415	164	16	in	in	ADP
cjfa-10415	164	17	size	size	NOUN
cjfa-10415	164	18	,	,	PUNCT
cjfa-10415	164	19	in	in	ADP
cjfa-10415	164	20	the	the	DET
cjfa-10415	164	21	international	international	ADJ
cjfa-10415	164	22	context	context	NOUN
cjfa-10415	164	23	they	they	PRON
cjfa-10415	164	24	might	might	AUX
cjfa-10415	164	25	be	be	AUX
cjfa-10415	164	26	considered	consider	VERB
cjfa-10415	164	27	relatively	relatively	ADV
cjfa-10415	164	28	small	small	ADJ
cjfa-10415	164	29	.	.	PUNCT
cjfa-10415	165	1	in	in	ADP
cjfa-10415	165	2	this	this	DET
cjfa-10415	165	3	light	light	NOUN
cjfa-10415	165	4	,	,	PUNCT
cjfa-10415	165	5	an	an	DET
cjfa-10415	165	6	apparent	apparent	ADJ
cjfa-10415	165	7	positive	positive	ADJ
cjfa-10415	165	8	correlation	correlation	NOUN
cjfa-10415	165	9	of	of	ADP
cjfa-10415	165	10	banks	bank	NOUN
cjfa-10415	165	11	’	'	PUNCT
cjfa-10415	165	12	size	size	NOUN
cjfa-10415	165	13	on	on	ADP
cjfa-10415	165	14	their	their	PRON
cjfa-10415	165	15	charter	charter	NOUN
cjfa-10415	165	16	values	value	NOUN
cjfa-10415	165	17	is	be	AUX
cjfa-10415	165	18	consistent	consistent	ADJ
cjfa-10415	165	19	with	with	ADP
cjfa-10415	165	20	the	the	DET
cjfa-10415	165	21	arguments	argument	NOUN
cjfa-10415	165	22	of	of	ADP
cjfa-10415	165	23	de	de	X
cjfa-10415	165	24	nicoló	nicoló	X
cjfa-10415	165	25	(	(	PUNCT
cjfa-10415	165	26	2000	2000	NUM
cjfa-10415	165	27	)	)	PUNCT
cjfa-10415	165	28	and	and	CCONJ
cjfa-10415	165	29	wang	wang	PROPN
cjfa-10415	165	30	(	(	PUNCT
cjfa-10415	165	31	2014	2014	NUM
cjfa-10415	165	32	)	)	PUNCT
cjfa-10415	165	33	.	.	PUNCT
cjfa-10415	166	1	it	it	PRON
cjfa-10415	166	2	seems	seem	VERB
cjfa-10415	166	3	that	that	SCONJ
cjfa-10415	166	4	larger	large	ADJ
cjfa-10415	166	5	banks	bank	NOUN
cjfa-10415	166	6	might	might	AUX
cjfa-10415	166	7	be	be	AUX
cjfa-10415	166	8	perceived	perceive	VERB
cjfa-10415	166	9	by	by	ADP
cjfa-10415	166	10	the	the	DET
cjfa-10415	166	11	investors	investor	NOUN
cjfa-10415	166	12	as	as	ADP
cjfa-10415	166	13	being	be	AUX
cjfa-10415	166	14	more	more	ADV
cjfa-10415	166	15	capable	capable	ADJ
cjfa-10415	166	16	of	of	ADP
cjfa-10415	166	17	exploiting	exploit	VERB
cjfa-10415	166	18	the	the	DET
cjfa-10415	166	19	benefits	benefit	NOUN
cjfa-10415	166	20	arising	arise	VERB
cjfa-10415	166	21	from	from	ADP
cjfa-10415	166	22	economies	economy	NOUN
cjfa-10415	166	23	of	of	ADP
cjfa-10415	166	24	scale	scale	NOUN
cjfa-10415	166	25	and	and	CCONJ
cjfa-10415	166	26	operational	operational	ADJ
cjfa-10415	166	27	diversification	diversification	NOUN
cjfa-10415	166	28	.	.	PUNCT
cjfa-10415	167	1	moreover	moreover	ADV
cjfa-10415	167	2	,	,	PUNCT
cjfa-10415	167	3	given	give	VERB
cjfa-10415	167	4	the	the	DET
cjfa-10415	167	5	aforementioned	aforementioned	ADJ
cjfa-10415	167	6	empirical	empirical	ADJ
cjfa-10415	167	7	evidence	evidence	NOUN
cjfa-10415	167	8	concerning	concern	VERB
cjfa-10415	167	9	the	the	DET
cjfa-10415	167	10	influence	influence	NOUN
cjfa-10415	167	11	of	of	ADP
cjfa-10415	167	12	leverage	leverage	NOUN
cjfa-10415	167	13	and	and	CCONJ
cjfa-10415	167	14	asset	asset	NOUN
cjfa-10415	167	15	liquidity	liquidity	NOUN
cjfa-10415	167	16	,	,	PUNCT
cjfa-10415	167	17	larger	large	ADJ
cjfa-10415	167	18	banks	bank	NOUN
cjfa-10415	167	19	might	might	AUX
cjfa-10415	167	20	be	be	AUX
cjfa-10415	167	21	also	also	ADV
cjfa-10415	167	22	regarded	regard	VERB
cjfa-10415	167	23	as	as	ADP
cjfa-10415	167	24	being	be	AUX
cjfa-10415	167	25	less	less	ADV
cjfa-10415	167	26	exposed	expose	VERB
cjfa-10415	167	27	to	to	ADP
cjfa-10415	167	28	the	the	DET
cjfa-10415	167	29	actual	actual	ADJ
cjfa-10415	167	30	bankruptcy	bankruptcy	NOUN
cjfa-10415	167	31	risk	risk	NOUN
cjfa-10415	167	32	,	,	PUNCT
cjfa-10415	167	33	following	follow	VERB
cjfa-10415	167	34	the	the	DET
cjfa-10415	167	35	“	"	PUNCT
cjfa-10415	167	36	too	too	ADV
cjfa-10415	167	37	-	-	PUNCT
cjfa-10415	167	38	big	big	ADJ
cjfa-10415	167	39	-	-	PUNCT
cjfa-10415	167	40	to	to	AUX
cjfa-10415	167	41	-	-	PUNCT
cjfa-10415	167	42	fail	fail	VERB
cjfa-10415	167	43	”	"	PUNCT
cjfa-10415	167	44	principle	principle	NOUN
cjfa-10415	167	45	.	.	PUNCT
cjfa-10415	168	1	similarly	similarly	ADV
cjfa-10415	168	2	as	as	ADP
cjfa-10415	168	3	in	in	ADP
cjfa-10415	168	4	the	the	DET
cjfa-10415	168	5	case	case	NOUN
cjfa-10415	168	6	of	of	ADP
cjfa-10415	168	7	leverage	leverage	NOUN
cjfa-10415	168	8	,	,	PUNCT
cjfa-10415	168	9	the	the	DET
cjfa-10415	168	10	explanatory	explanatory	ADJ
cjfa-10415	168	11	power	power	NOUN
cjfa-10415	168	12	of	of	ADP
cjfa-10415	168	13	banks	bank	NOUN
cjfa-10415	168	14	’	'	PUNCT
cjfa-10415	168	15	size	size	NOUN
cjfa-10415	168	16	appears	appear	VERB
cjfa-10415	168	17	to	to	PART
cjfa-10415	168	18	be	be	AUX
cjfa-10415	168	19	pre	pre	ADJ
cjfa-10415	168	20	-	-	VERB
cjfa-10415	168	21	emptied	emptied	ADJ
cjfa-10415	168	22	by	by	ADP
cjfa-10415	168	23	the	the	DET
cjfa-10415	168	24	informational	informational	ADJ
cjfa-10415	168	25	content	content	NOUN
cjfa-10415	168	26	of	of	ADP
cjfa-10415	168	27	other	other	ADJ
cjfa-10415	168	28	predictors	predictor	NOUN
cjfa-10415	168	29	in	in	ADP
cjfa-10415	168	30	the	the	DET
cjfa-10415	168	31	regression	regression	NOUN
cjfa-10415	168	32	.	.	PUNCT
cjfa-10415	169	1	finally	finally	ADV
cjfa-10415	169	2	,	,	PUNCT
cjfa-10415	169	3	a	a	DET
cjfa-10415	169	4	negligible	negligible	ADJ
cjfa-10415	169	5	correlation	correlation	NOUN
cjfa-10415	169	6	between	between	ADP
cjfa-10415	169	7	bank	bank	NOUN
cjfa-10415	169	8	charter	charter	NOUN
cjfa-10415	169	9	values	value	NOUN
cjfa-10415	169	10	and	and	CCONJ
cjfa-10415	169	11	cash	cash	NOUN
cjfa-10415	169	12	flow	flow	NOUN
cjfa-10415	169	13	generation	generation	NOUN
cjfa-10415	169	14	capacity	capacity	NOUN
cjfa-10415	169	15	(	(	PUNCT
cjfa-10415	169	16	ncf	ncf	NOUN
cjfa-10415	169	17	/	/	SYM
cjfa-10415	169	18	ta	ta	PROPN
cjfa-10415	169	19	ratio	ratio	NOUN
cjfa-10415	169	20	)	)	PUNCT
cjfa-10415	169	21	seems	seem	VERB
cjfa-10415	169	22	to	to	PART
cjfa-10415	169	23	be	be	AUX
cjfa-10415	169	24	in	in	ADP
cjfa-10415	169	25	line	line	NOUN
cjfa-10415	169	26	with	with	ADP
cjfa-10415	169	27	the	the	DET
cjfa-10415	169	28	findings	finding	NOUN
cjfa-10415	169	29	of	of	ADP
cjfa-10415	169	30	ryan	ryan	PROPN
cjfa-10415	169	31	et	et	PROPN
cjfa-10415	169	32	al	al	PROPN
cjfa-10415	169	33	.	.	PROPN
cjfa-10415	170	1	(	(	PUNCT
cjfa-10415	170	2	2006	2006	NUM
cjfa-10415	170	3	)	)	PUNCT
cjfa-10415	170	4	and	and	CCONJ
cjfa-10415	170	5	gao	gao	PROPN
cjfa-10415	170	6	(	(	PUNCT
cjfa-10415	170	7	2015	2015	NUM
cjfa-10415	170	8	)	)	PUNCT
cjfa-10415	170	9	suggesting	suggest	VERB
cjfa-10415	170	10	that	that	SCONJ
cjfa-10415	170	11	a	a	DET
cjfa-10415	170	12	standard	standard	ADJ
cjfa-10415	170	13	cash	cash	NOUN
cjfa-10415	170	14	flow	flow	NOUN
cjfa-10415	170	15	statement	statement	NOUN
cjfa-10415	170	16	is	be	AUX
cjfa-10415	170	17	of	of	ADP
cjfa-10415	170	18	limited	limited	ADJ
cjfa-10415	170	19	informativeness	informativeness	NOUN
cjfa-10415	170	20	for	for	ADP
cjfa-10415	170	21	the	the	DET
cjfa-10415	170	22	equity	equity	NOUN
cjfa-10415	170	23	investors	investor	NOUN
cjfa-10415	170	24	in	in	ADP
cjfa-10415	170	25	the	the	DET
cjfa-10415	170	26	banking	banking	NOUN
cjfa-10415	170	27	sector	sector	NOUN
cjfa-10415	170	28	.	.	PUNCT
cjfa-10415	170	29	 	 	SPACE
cjfa-10415	171	1	conclusions	conclusion	VERB
cjfa-10415	171	2	the	the	DET
cjfa-10415	171	3	results	result	NOUN
cjfa-10415	171	4	of	of	ADP
cjfa-10415	171	5	the	the	DET
cjfa-10415	171	6	conducted	conduct	VERB
cjfa-10415	171	7	research	research	NOUN
cjfa-10415	171	8	partially	partially	ADV
cjfa-10415	171	9	support	support	VERB
cjfa-10415	171	10	the	the	DET
cjfa-10415	171	11	hypothesis	hypothesis	NOUN
cjfa-10415	171	12	of	of	ADP
cjfa-10415	171	13	the	the	DET
cjfa-10415	171	14	present	present	ADJ
cjfa-10415	171	15	study	study	NOUN
cjfa-10415	171	16	.	.	PUNCT
cjfa-10415	172	1	on	on	ADP
cjfa-10415	172	2	the	the	DET
cjfa-10415	172	3	one	one	NUM
cjfa-10415	172	4	hand	hand	NOUN
cjfa-10415	172	5	,	,	PUNCT
cjfa-10415	172	6	the	the	DET
cjfa-10415	172	7	empirical	empirical	ADJ
cjfa-10415	172	8	evidence	evidence	NOUN
cjfa-10415	172	9	indicates	indicate	VERB
cjfa-10415	172	10	that	that	SCONJ
cjfa-10415	172	11	the	the	DET
cjfa-10415	172	12	charter	charter	NOUN
cjfa-10415	172	13	values	value	NOUN
cjfa-10415	172	14	of	of	ADP
cjfa-10415	172	15	the	the	DET
cjfa-10415	172	16	banks	bank	NOUN
cjfa-10415	172	17	listed	list	VERB
cjfa-10415	172	18	on	on	ADP
cjfa-10415	172	19	the	the	DET
cjfa-10415	172	20	warsaw	warsaw	PROPN
cjfa-10415	172	21	stock	stock	PROPN
cjfa-10415	172	22	exchange	exchange	PROPN
cjfa-10415	172	23	are	be	AUX
cjfa-10415	172	24	driven	drive	VERB
cjfa-10415	172	25	by	by	ADP
cjfa-10415	172	26	operating	operate	VERB
cjfa-10415	172	27	efficiency	efficiency	NOUN
cjfa-10415	172	28	,	,	PUNCT
cjfa-10415	172	29	profitability	profitability	NOUN
cjfa-10415	172	30	and	and	CCONJ
cjfa-10415	172	31	the	the	DET
cjfa-10415	172	32	efficiency	efficiency	NOUN
cjfa-10415	172	33	of	of	ADP
cjfa-10415	172	34	risk	risk	NOUN
cjfa-10415	172	35	management	management	NOUN
cjfa-10415	172	36	.	.	PUNCT
cjfa-10415	173	1	on	on	ADP
cjfa-10415	173	2	the	the	DET
cjfa-10415	173	3	other	other	ADJ
cjfa-10415	173	4	hand	hand	NOUN
cjfa-10415	173	5	,	,	PUNCT
cjfa-10415	173	6	however	however	ADV
cjfa-10415	173	7	,	,	PUNCT
cjfa-10415	173	8	the	the	DET
cjfa-10415	173	9	evidence	evidence	NOUN
cjfa-10415	173	10	on	on	ADP
cjfa-10415	173	11	the	the	DET
cjfa-10415	173	12	impact	impact	NOUN
cjfa-10415	173	13	of	of	ADP
cjfa-10415	173	14	banks	bank	NOUN
cjfa-10415	173	15	’	’	PART
cjfa-10415	173	16	size	size	NOUN
cjfa-10415	173	17	and	and	CCONJ
cjfa-10415	173	18	leverage	leverage	NOUN
cjfa-10415	173	19	is	be	AUX
cjfa-10415	173	20	ambiguous	ambiguous	ADJ
cjfa-10415	173	21	,	,	PUNCT
cjfa-10415	173	22	as	as	SCONJ
cjfa-10415	173	23	even	even	ADV
cjfa-10415	173	24	though	though	SCONJ
cjfa-10415	173	25	they	they	PRON
cjfa-10415	173	26	exhibit	exhibit	VERB
cjfa-10415	173	27	weak	weak	ADJ
cjfa-10415	173	28	,	,	PUNCT
cjfa-10415	173	29	yet	yet	CCONJ
cjfa-10415	173	30	statistically	statistically	ADV
cjfa-10415	173	31	significant	significant	ADJ
cjfa-10415	173	32	,	,	PUNCT
cjfa-10415	173	33	correlations	correlation	NOUN
cjfa-10415	173	34	with	with	ADP
cjfa-10415	173	35	banks	bank	NOUN
cjfa-10415	173	36	’	’	PART
cjfa-10415	173	37	charter	charter	NOUN
cjfa-10415	173	38	values	value	NOUN
cjfa-10415	173	39	,	,	PUNCT
cjfa-10415	173	40	their	their	PRON
cjfa-10415	173	41	explanatory	explanatory	ADJ
cjfa-10415	173	42	power	power	NOUN
cjfa-10415	173	43	appears	appear	VERB
cjfa-10415	173	44	to	to	PART
cjfa-10415	173	45	be	be	AUX
cjfa-10415	173	46	piotr	piotr	PROPN
cjfa-10415	173	47	bolibok36	bolibok36	NOUN
cjfa-10415	173	48	pre	pre	VERB
cjfa-10415	173	49	-	-	VERB
cjfa-10415	173	50	emptied	emptied	ADJ
cjfa-10415	173	51	by	by	ADP
cjfa-10415	173	52	the	the	DET
cjfa-10415	173	53	informational	informational	ADJ
cjfa-10415	173	54	content	content	NOUN
cjfa-10415	173	55	of	of	ADP
cjfa-10415	173	56	other	other	ADJ
cjfa-10415	173	57	predictors	predictor	NOUN
cjfa-10415	173	58	in	in	ADP
cjfa-10415	173	59	the	the	DET
cjfa-10415	173	60	multiple	multiple	ADJ
cjfa-10415	173	61	regression	regression	NOUN
cjfa-10415	173	62	model	model	NOUN
cjfa-10415	173	63	.	.	PUNCT
cjfa-10415	174	1	finally	finally	ADV
cjfa-10415	174	2	,	,	PUNCT
cjfa-10415	174	3	the	the	DET
cjfa-10415	174	4	findings	finding	NOUN
cjfa-10415	174	5	indicate	indicate	VERB
cjfa-10415	174	6	that	that	SCONJ
cjfa-10415	174	7	both	both	PRON
cjfa-10415	174	8	cash	cash	NOUN
cjfa-10415	174	9	flow	flow	NOUN
cjfa-10415	174	10	generation	generation	NOUN
cjfa-10415	174	11	capacity	capacity	NOUN
cjfa-10415	174	12	and	and	CCONJ
cjfa-10415	174	13	the	the	DET
cjfa-10415	174	14	share	share	NOUN
cjfa-10415	174	15	of	of	ADP
cjfa-10415	174	16	liquid	liquid	ADJ
cjfa-10415	174	17	assets	asset	NOUN
cjfa-10415	174	18	appear	appear	VERB
cjfa-10415	174	19	to	to	PART
cjfa-10415	174	20	be	be	AUX
cjfa-10415	174	21	of	of	ADP
cjfa-10415	174	22	limited	limited	ADJ
cjfa-10415	174	23	informativeness	informativeness	NOUN
cjfa-10415	174	24	for	for	ADP
cjfa-10415	174	25	equity	equity	NOUN
cjfa-10415	174	26	investors	investor	NOUN
cjfa-10415	174	27	,	,	PUNCT
cjfa-10415	174	28	as	as	SCONJ
cjfa-10415	174	29	they	they	PRON
cjfa-10415	174	30	do	do	AUX
cjfa-10415	174	31	not	not	PART
cjfa-10415	174	32	exert	exert	VERB
cjfa-10415	174	33	any	any	DET
cjfa-10415	174	34	statistically	statistically	ADV
cjfa-10415	174	35	significant	significant	ADJ
cjfa-10415	174	36	influence	influence	NOUN
cjfa-10415	174	37	on	on	ADP
cjfa-10415	174	38	banks	bank	NOUN
cjfa-10415	174	39	’	’	PART
cjfa-10415	174	40	charter	charter	NOUN
cjfa-10415	174	41	values	value	NOUN
cjfa-10415	174	42	.	.	PUNCT
cjfa-10415	175	1	the	the	DET
cjfa-10415	175	2	findings	finding	NOUN
cjfa-10415	175	3	of	of	ADP
cjfa-10415	175	4	the	the	DET
cjfa-10415	175	5	study	study	NOUN
cjfa-10415	175	6	suggest	suggest	VERB
cjfa-10415	175	7	that	that	SCONJ
cjfa-10415	175	8	equity	equity	NOUN
cjfa-10415	175	9	investors	investor	NOUN
cjfa-10415	175	10	in	in	ADP
cjfa-10415	175	11	the	the	DET
cjfa-10415	175	12	polish	polish	ADJ
cjfa-10415	175	13	banking	banking	NOUN
cjfa-10415	175	14	sector	sector	NOUN
cjfa-10415	175	15	perceive	perceive	NOUN
cjfa-10415	175	16	performance	performance	NOUN
cjfa-10415	175	17	and	and	CCONJ
cjfa-10415	175	18	risk	risk	NOUN
cjfa-10415	175	19	management	management	NOUN
cjfa-10415	175	20	efficiency	efficiency	NOUN
cjfa-10415	175	21	as	as	ADP
cjfa-10415	175	22	the	the	DET
cjfa-10415	175	23	key	key	ADJ
cjfa-10415	175	24	value	value	NOUN
cjfa-10415	175	25	drivers	driver	NOUN
cjfa-10415	175	26	,	,	PUNCT
cjfa-10415	175	27	practically	practically	ADV
cjfa-10415	175	28	neglecting	neglect	VERB
cjfa-10415	175	29	the	the	DET
cjfa-10415	175	30	issues	issue	NOUN
cjfa-10415	175	31	related	relate	VERB
cjfa-10415	175	32	to	to	ADP
cjfa-10415	175	33	banks	bank	NOUN
cjfa-10415	175	34	’	'	PUNCT
cjfa-10415	175	35	financial	financial	ADJ
cjfa-10415	175	36	stability	stability	NOUN
cjfa-10415	175	37	like	like	ADP
cjfa-10415	175	38	the	the	DET
cjfa-10415	175	39	liquidity	liquidity	NOUN
cjfa-10415	175	40	of	of	ADP
cjfa-10415	175	41	assets	asset	NOUN
cjfa-10415	175	42	and	and	CCONJ
cjfa-10415	175	43	degree	degree	NOUN
cjfa-10415	175	44	of	of	ADP
cjfa-10415	175	45	leverage	leverage	NOUN
cjfa-10415	175	46	,	,	PUNCT
cjfa-10415	175	47	thus	thus	ADV
cjfa-10415	175	48	presumably	presumably	ADV
cjfa-10415	175	49	relying	rely	VERB
cjfa-10415	175	50	on	on	ADP
cjfa-10415	175	51	the	the	DET
cjfa-10415	175	52	too	too	ADV
cjfa-10415	175	53	-	-	PUNCT
cjfa-10415	175	54	big	big	ADJ
cjfa-10415	175	55	-	-	PUNCT
cjfa-10415	175	56	to	to	ADP
cjfa-10415	175	57	-	-	PUNCT
cjfa-10415	175	58	fail	fail	VERB
cjfa-10415	175	59	principle	principle	NOUN
cjfa-10415	175	60	.	.	PUNCT
cjfa-10415	176	1	given	give	VERB
cjfa-10415	176	2	a	a	DET
cjfa-10415	176	3	relatively	relatively	ADV
cjfa-10415	176	4	long	long	ADJ
cjfa-10415	176	5	time	time	NOUN
cjfa-10415	176	6	span	span	NOUN
cjfa-10415	176	7	covered	cover	VERB
cjfa-10415	176	8	by	by	ADP
cjfa-10415	176	9	the	the	DET
cjfa-10415	176	10	present	present	ADJ
cjfa-10415	176	11	study	study	NOUN
cjfa-10415	176	12	,	,	PUNCT
cjfa-10415	176	13	the	the	DET
cjfa-10415	176	14	further	further	ADJ
cjfa-10415	176	15	research	research	NOUN
cjfa-10415	176	16	in	in	ADP
cjfa-10415	176	17	this	this	DET
cjfa-10415	176	18	field	field	NOUN
cjfa-10415	176	19	might	might	AUX
cjfa-10415	176	20	try	try	VERB
cjfa-10415	176	21	to	to	PART
cjfa-10415	176	22	investigate	investigate	VERB
cjfa-10415	176	23	whether	whether	SCONJ
cjfa-10415	176	24	the	the	DET
cjfa-10415	176	25	aforementioned	aforementioned	ADJ
cjfa-10415	176	26	investors	investor	NOUN
cjfa-10415	176	27	’	'	PUNCT
cjfa-10415	176	28	attitude	attitude	NOUN
cjfa-10415	176	29	changes	change	NOUN
cjfa-10415	176	30	with	with	ADP
cjfa-10415	176	31	the	the	DET
cjfa-10415	176	32	course	course	NOUN
cjfa-10415	176	33	of	of	ADP
cjfa-10415	176	34	the	the	DET
cjfa-10415	176	35	business	business	NOUN
cjfa-10415	176	36	cycle	cycle	NOUN
cjfa-10415	176	37	and	and	CCONJ
cjfa-10415	176	38	the	the	DET
cjfa-10415	176	39	overall	overall	ADJ
cjfa-10415	176	40	level	level	NOUN
cjfa-10415	176	41	of	of	ADP
cjfa-10415	176	42	risk	risk	NOUN
cjfa-10415	176	43	aversion	aversion	NOUN
cjfa-10415	176	44	in	in	ADP
cjfa-10415	176	45	the	the	DET
cjfa-10415	176	46	capital	capital	NOUN
cjfa-10415	176	47	markets	market	NOUN
cjfa-10415	176	48	.	.	PUNCT
cjfa-10415	176	49	 	 	SPACE
cjfa-10415	177	1	references	reference	NOUN
cjfa-10415	177	2	abuzayed	abuzaye	VERB
cjfa-10415	177	3	,	,	PUNCT
cjfa-10415	177	4	b.	b.	PROPN
cjfa-10415	177	5	,	,	PUNCT
cjfa-10415	177	6	molyneux	molyneux	PROPN
cjfa-10415	177	7	,	,	PUNCT
cjfa-10415	177	8	p.	p.	PROPN
cjfa-10415	177	9	,	,	PUNCT
cjfa-10415	177	10	&	&	CCONJ
cjfa-10415	177	11	al	al	PROPN
cjfa-10415	177	12	-	-	PROPN
cjfa-10415	177	13	fayoumi	fayoumi	PROPN
cjfa-10415	177	14	,	,	PUNCT
cjfa-10415	177	15	n.	n.	PROPN
cjfa-10415	177	16	(	(	PUNCT
cjfa-10415	177	17	2009	2009	NUM
cjfa-10415	177	18	)	)	PUNCT
cjfa-10415	177	19	.	.	PUNCT
cjfa-10415	178	1	market	market	NOUN
cjfa-10415	178	2	value	value	NOUN
cjfa-10415	178	3	,	,	PUNCT
cjfa-10415	178	4	book	book	NOUN
cjfa-10415	178	5	value	value	NOUN
cjfa-10415	178	6	and	and	CCONJ
cjfa-10415	178	7	earnings	earning	NOUN
cjfa-10415	178	8	:	:	PUNCT
cjfa-10415	178	9	is	be	AUX
cjfa-10415	178	10	bank	bank	NOUN
cjfa-10415	178	11	efficiency	efficiency	NOUN
cjfa-10415	178	12	a	a	DET
cjfa-10415	178	13	missing	missing	ADJ
cjfa-10415	178	14	link	link	NOUN
cjfa-10415	178	15	?	?	PUNCT
cjfa-10415	178	16	.	.	PUNCT
cjfa-10415	179	1	managerial	managerial	ADJ
cjfa-10415	179	2	finance	finance	NOUN
cjfa-10415	179	3	,	,	PUNCT
cjfa-10415	179	4	35	35	NUM
cjfa-10415	179	5	(	(	PUNCT
cjfa-10415	179	6	2	2	NUM
cjfa-10415	179	7	)	)	PUNCT
cjfa-10415	179	8	,	,	PUNCT
cjfa-10415	179	9	156	156	NUM
cjfa-10415	179	10	-	-	SYM
cjfa-10415	179	11	179	179	NUM
cjfa-10415	179	12	.	.	PUNCT
cjfa-10415	180	1	http://	http://	PROPN
cjfa-10415	180	2	dx.doi.org/10.1108/03074350910923491	dx.doi.org/10.1108/03074350910923491	NOUN
cjfa-10415	180	3	.	.	PUNCT
cjfa-10415	181	1	ahmed	ahmed	PROPN
cjfa-10415	181	2	,	,	PUNCT
cjfa-10415	181	3	a.s	a.s	PROPN
cjfa-10415	181	4	.	.	PROPN
cjfa-10415	181	5	,	,	PUNCT
cjfa-10415	181	6	takeda	takeda	PROPN
cjfa-10415	181	7	c.	c.	PROPN
cjfa-10415	181	8	,	,	PUNCT
cjfa-10415	181	9	&	&	CCONJ
cjfa-10415	181	10	thomas	thomas	PROPN
cjfa-10415	181	11	,	,	PUNCT
cjfa-10415	181	12	s.	s.	PROPN
cjfa-10415	181	13	(	(	PUNCT
cjfa-10415	181	14	1999	1999	NUM
cjfa-10415	181	15	)	)	PUNCT
cjfa-10415	181	16	.	.	PUNCT
cjfa-10415	182	1	bank	bank	NOUN
cjfa-10415	182	2	loan	loan	NOUN
cjfa-10415	182	3	loss	loss	NOUN
cjfa-10415	182	4	provisions	provision	NOUN
cjfa-10415	182	5	:	:	PUNCT
cjfa-10415	182	6	a	a	DET
cjfa-10415	182	7	reexamination	reexamination	NOUN
cjfa-10415	182	8	of	of	ADP
cjfa-10415	182	9	capital	capital	NOUN
cjfa-10415	182	10	management	management	NOUN
cjfa-10415	182	11	,	,	PUNCT
cjfa-10415	182	12	earnings	earning	NOUN
cjfa-10415	182	13	management	management	NOUN
cjfa-10415	182	14	and	and	CCONJ
cjfa-10415	182	15	signaling	signal	VERB
cjfa-10415	182	16	effects	effect	NOUN
cjfa-10415	182	17	.	.	PUNCT
cjfa-10415	183	1	journal	journal	NOUN
cjfa-10415	183	2	of	of	ADP
cjfa-10415	183	3	accounting	accounting	NOUN
cjfa-10415	183	4	and	and	CCONJ
cjfa-10415	183	5	economics	economic	NOUN
cjfa-10415	183	6	,	,	PUNCT
cjfa-10415	183	7	28	28	NUM
cjfa-10415	183	8	(	(	PUNCT
cjfa-10415	183	9	1	1	NUM
cjfa-10415	183	10	)	)	PUNCT
cjfa-10415	183	11	,	,	PUNCT
cjfa-10415	183	12	1–25	1–25	PROPN
cjfa-10415	183	13	.	.	PUNCT
cjfa-10415	184	1	http://dx.doi.org/10.1016/s01654101(99)00017-8	http://dx.doi.org/10.1016/s01654101(99)00017-8	PROPN
cjfa-10415	184	2	.	.	PROPN
cjfa-10415	184	3	agostino	agostino	PROPN
cjfa-10415	184	4	,	,	PUNCT
cjfa-10415	184	5	m.	m.	NOUN
cjfa-10415	184	6	,	,	PUNCT
cjfa-10415	184	7	drago	drago	PROPN
cjfa-10415	184	8	,	,	PUNCT
cjfa-10415	184	9	d.	d.	PROPN
cjfa-10415	184	10	,	,	PUNCT
cjfa-10415	184	11	&	&	CCONJ
cjfa-10415	184	12	silipo	silipo	PROPN
cjfa-10415	184	13	,	,	PUNCT
cjfa-10415	184	14	d.b	d.b	PROPN
cjfa-10415	184	15	.	.	PROPN
cjfa-10415	184	16	(	(	PUNCT
cjfa-10415	184	17	2011	2011	NUM
cjfa-10415	184	18	)	)	PUNCT
cjfa-10415	184	19	.	.	PUNCT
cjfa-10415	185	1	the	the	DET
cjfa-10415	185	2	value	value	NOUN
cjfa-10415	185	3	relevance	relevance	NOUN
cjfa-10415	185	4	of	of	ADP
cjfa-10415	185	5	ifrs	ifrs	PROPN
cjfa-10415	185	6	in	in	ADP
cjfa-10415	185	7	the	the	DET
cjfa-10415	185	8	european	european	PROPN
cjfa-10415	185	9	banking	banking	NOUN
cjfa-10415	185	10	industry	industry	NOUN
cjfa-10415	185	11	.	.	PUNCT
cjfa-10415	186	1	review	review	NOUN
cjfa-10415	186	2	of	of	ADP
cjfa-10415	186	3	quantitative	quantitative	ADJ
cjfa-10415	186	4	finance	finance	NOUN
cjfa-10415	186	5	and	and	CCONJ
cjfa-10415	186	6	accounting	accounting	NOUN
cjfa-10415	186	7	,	,	PUNCT
cjfa-10415	186	8	36	36	NUM
cjfa-10415	186	9	(	(	PUNCT
cjfa-10415	186	10	3	3	NUM
cjfa-10415	186	11	)	)	PUNCT
cjfa-10415	186	12	,	,	PUNCT
cjfa-10415	186	13	437-	437-	PROPN
cjfa-10415	186	14	 	 	SPACE
cjfa-10415	186	15	457	457	NUM
cjfa-10415	186	16	.	.	PUNCT
cjfa-10415	186	17	http://dx.doi.org/10.1007/s11156-010-0184-1	http://dx.doi.org/10.1007/s11156-010-0184-1	PROPN
cjfa-10415	186	18	.	.	PUNCT
cjfa-10415	187	1	allen	allen	PROPN
cjfa-10415	187	2	,	,	PUNCT
cjfa-10415	187	3	f.	f.	PROPN
cjfa-10415	187	4	,	,	PUNCT
cjfa-10415	187	5	carletti	carletti	PROPN
cjfa-10415	187	6	,	,	PUNCT
cjfa-10415	187	7	e.	e.	PROPN
cjfa-10415	187	8	,	,	PUNCT
cjfa-10415	187	9	&	&	CCONJ
cjfa-10415	187	10	marquez	marquez	PROPN
cjfa-10415	187	11	,	,	PUNCT
cjfa-10415	187	12	r.	r.	PROPN
cjfa-10415	187	13	(	(	PUNCT
cjfa-10415	187	14	2011	2011	NUM
cjfa-10415	187	15	)	)	PUNCT
cjfa-10415	187	16	.	.	PUNCT
cjfa-10415	188	1	credit	credit	NOUN
cjfa-10415	188	2	market	market	NOUN
cjfa-10415	188	3	competition	competition	NOUN
cjfa-10415	188	4	and	and	CCONJ
cjfa-10415	188	5	capital	capital	NOUN
cjfa-10415	188	6	regulation	regulation	NOUN
cjfa-10415	188	7	.	.	PUNCT
cjfa-10415	189	1	review	review	NOUN
cjfa-10415	189	2	of	of	ADP
cjfa-10415	189	3	financial	financial	ADJ
cjfa-10415	189	4	studies	study	NOUN
cjfa-10415	189	5	,	,	PUNCT
cjfa-10415	189	6	24	24	NUM
cjfa-10415	189	7	(	(	PUNCT
cjfa-10415	189	8	4	4	NUM
cjfa-10415	189	9	)	)	PUNCT
cjfa-10415	189	10	,	,	PUNCT
cjfa-10415	189	11	983	983	NUM
cjfa-10415	189	12	-	-	SYM
cjfa-10415	189	13	1018	1018	NUM
cjfa-10415	189	14	.	.	PUNCT
cjfa-10415	190	1	http://dx.doi.org/10.1093/	http://dx.doi.org/10.1093/	PRON
cjfa-10415	190	2	rfs	rfs	PROPN
cjfa-10415	190	3	/	/	SYM
cjfa-10415	190	4	hhp089	hhp089	PROPN
cjfa-10415	190	5	.	.	PROPN
cjfa-10415	190	6	anandarajan	anandarajan	PROPN
cjfa-10415	190	7	,	,	PUNCT
cjfa-10415	190	8	a.	a.	PROPN
cjfa-10415	190	9	,	,	PUNCT
cjfa-10415	190	10	francis	francis	PROPN
cjfa-10415	190	11	,	,	PUNCT
cjfa-10415	190	12	b.	b.	PROPN
cjfa-10415	190	13	,	,	PUNCT
cjfa-10415	190	14	hasan	hasan	PROPN
cjfa-10415	190	15	,	,	PUNCT
cjfa-10415	190	16	i.	i.	PROPN
cjfa-10415	190	17	,	,	PUNCT
cjfa-10415	190	18	&	&	CCONJ
cjfa-10415	190	19	john	john	PROPN
cjfa-10415	190	20	,	,	PUNCT
cjfa-10415	190	21	k.	k.	PROPN
cjfa-10415	190	22	(	(	PUNCT
cjfa-10415	190	23	2011	2011	NUM
cjfa-10415	190	24	)	)	PUNCT
cjfa-10415	190	25	.	.	PUNCT
cjfa-10415	191	1	value	value	NOUN
cjfa-10415	191	2	relevance	relevance	NOUN
cjfa-10415	191	3	of	of	ADP
cjfa-10415	191	4	banks	bank	NOUN
cjfa-10415	191	5	:	:	PUNCT
cjfa-10415	191	6	global	global	ADJ
cjfa-10415	191	7	evidence	evidence	NOUN
cjfa-10415	191	8	.	.	PUNCT
cjfa-10415	192	1	review	review	NOUN
cjfa-10415	192	2	of	of	ADP
cjfa-10415	192	3	quantitative	quantitative	ADJ
cjfa-10415	192	4	finance	finance	NOUN
cjfa-10415	192	5	and	and	CCONJ
cjfa-10415	192	6	accounting	accounting	NOUN
cjfa-10415	192	7	,	,	PUNCT
cjfa-10415	192	8	36	36	NUM
cjfa-10415	192	9	,	,	PUNCT
cjfa-10415	192	10	33	33	NUM
cjfa-10415	192	11	-	-	SYM
cjfa-10415	192	12	55	55	NUM
cjfa-10415	192	13	.	.	PUNCT
cjfa-10415	193	1	http://dx.doi	http://dx.doi	NOUN
cjfa-10415	193	2	.	.	PUNCT
cjfa-10415	194	1	org/10.1007	org/10.1007	PROPN
cjfa-10415	194	2	/	/	SYM
cjfa-10415	194	3	s11156	s11156	PROPN
cjfa-10415	194	4	-	-	PUNCT
cjfa-10415	194	5	010	010	NUM
cjfa-10415	194	6	-	-	PUNCT
cjfa-10415	194	7	0170	0170	NUM
cjfa-10415	194	8	-	-	PUNCT
cjfa-10415	194	9	7	7	NUM
cjfa-10415	194	10	.	.	PUNCT
cjfa-10415	194	11	beaver	beaver	PROPN
cjfa-10415	194	12	,	,	PUNCT
cjfa-10415	194	13	w.h	w.h	PROPN
cjfa-10415	194	14	.	.	PROPN
cjfa-10415	194	15	,	,	PUNCT
cjfa-10415	194	16	&	&	CCONJ
cjfa-10415	194	17	engel	engel	PROPN
cjfa-10415	194	18	,	,	PUNCT
cjfa-10415	194	19	e.e	e.e	PROPN
cjfa-10415	194	20	.	.	PROPN
cjfa-10415	194	21	(	(	PUNCT
cjfa-10415	194	22	1996	1996	NUM
cjfa-10415	194	23	)	)	PUNCT
cjfa-10415	194	24	.	.	PUNCT
cjfa-10415	195	1	discretionary	discretionary	ADJ
cjfa-10415	195	2	behavior	behavior	NOUN
cjfa-10415	195	3	with	with	ADP
cjfa-10415	195	4	respect	respect	NOUN
cjfa-10415	195	5	to	to	ADP
cjfa-10415	195	6	allowances	allowance	NOUN
cjfa-10415	195	7	for	for	ADP
cjfa-10415	195	8	loan	loan	NOUN
cjfa-10415	195	9	losses	loss	NOUN
cjfa-10415	195	10	and	and	CCONJ
cjfa-10415	195	11	the	the	DET
cjfa-10415	195	12	behavior	behavior	NOUN
cjfa-10415	195	13	of	of	ADP
cjfa-10415	195	14	security	security	NOUN
cjfa-10415	195	15	prices	price	NOUN
cjfa-10415	195	16	.	.	PUNCT
cjfa-10415	196	1	journal	journal	NOUN
cjfa-10415	196	2	of	of	ADP
cjfa-10415	196	3	accounting	accounting	NOUN
cjfa-10415	196	4	and	and	CCONJ
cjfa-10415	196	5	economics	economic	NOUN
cjfa-10415	196	6	,	,	PUNCT
cjfa-10415	196	7	22	22	NUM
cjfa-10415	196	8	,	,	PUNCT
cjfa-10415	196	9	177–206	177–206	NUM
cjfa-10415	196	10	.	.	PUNCT
cjfa-10415	197	1	http://dx.doi.org/10.1016/s0165-4101(96)00428-4	http://dx.doi.org/10.1016/s0165-4101(96)00428-4	NOUN
cjfa-10415	197	2	.	.	PUNCT
cjfa-10415	197	3	bolibok	bolibok	PROPN
cjfa-10415	197	4	,	,	PUNCT
cjfa-10415	197	5	p.	p.	NOUN
cjfa-10415	197	6	(	(	PUNCT
cjfa-10415	197	7	2014	2014	NUM
cjfa-10415	197	8	)	)	PUNCT
cjfa-10415	197	9	.	.	PUNCT
cjfa-10415	198	1	application	application	NOUN
cjfa-10415	198	2	of	of	ADP
cjfa-10415	198	3	the	the	DET
cjfa-10415	198	4	ohlson	ohlson	NOUN
cjfa-10415	198	5	model	model	NOUN
cjfa-10415	198	6	for	for	ADP
cjfa-10415	198	7	testing	test	VERB
cjfa-10415	198	8	the	the	DET
cjfa-10415	198	9	value	value	NOUN
cjfa-10415	198	10	relevance	relevance	NOUN
cjfa-10415	198	11	of	of	ADP
cjfa-10415	198	12	accounting	accounting	NOUN
cjfa-10415	198	13	data	datum	NOUN
cjfa-10415	198	14	in	in	ADP
cjfa-10415	198	15	polish	polish	ADJ
cjfa-10415	198	16	banking	banking	NOUN
cjfa-10415	198	17	sector	sector	NOUN
cjfa-10415	198	18	.	.	PUNCT
cjfa-10415	199	1	zeszyty	zeszyty	VERB
cjfa-10415	199	2	naukowe	naukowe	NOUN
cjfa-10415	199	3	uniwersytetu	uniwersytetu	NOUN
cjfa-10415	199	4	szczecińskiego	szczecińskiego	NOUN
cjfa-10415	199	5	,	,	PUNCT
cjfa-10415	199	6	802	802	NUM
cjfa-10415	199	7	,	,	PUNCT
cjfa-10415	199	8	finanse	finanse	NOUN
cjfa-10415	199	9	,	,	PUNCT
cjfa-10415	199	10	rynki	rynki	NOUN
cjfa-10415	199	11	finansowe	finansowe	PROPN
cjfa-10415	199	12	,	,	PUNCT
cjfa-10415	199	13	ubezpieczenia	ubezpieczenia	PROPN
cjfa-10415	199	14	,	,	PUNCT
cjfa-10415	199	15	65	65	NUM
cjfa-10415	199	16	,	,	PUNCT
cjfa-10415	199	17	463	463	NUM
cjfa-10415	199	18	-	-	SYM
cjfa-10415	199	19	471	471	NUM
cjfa-10415	199	20	.	.	PUNCT
cjfa-10415	200	1	bolibok	bolibok	PROPN
cjfa-10415	200	2	,	,	PUNCT
cjfa-10415	200	3	p.	p.	NOUN
cjfa-10415	200	4	(	(	PUNCT
cjfa-10415	200	5	2015	2015	NUM
cjfa-10415	200	6	)	)	PUNCT
cjfa-10415	200	7	.	.	PUNCT
cjfa-10415	201	1	value	value	NOUN
cjfa-10415	201	2	relevance	relevance	NOUN
cjfa-10415	201	3	of	of	ADP
cjfa-10415	201	4	impairment	impairment	ADJ
cjfa-10415	201	5	provisions	provision	NOUN
cjfa-10415	201	6	in	in	ADP
cjfa-10415	201	7	the	the	DET
cjfa-10415	201	8	polish	polish	ADJ
cjfa-10415	201	9	banking	banking	NOUN
cjfa-10415	201	10	sector	sector	NOUN
cjfa-10415	201	11	.	.	PUNCT
cjfa-10415	202	1	research	research	NOUN
cjfa-10415	202	2	papers	paper	NOUN
cjfa-10415	202	3	of	of	ADP
cjfa-10415	202	4	wroclaw	wroclaw	PROPN
cjfa-10415	202	5	university	university	PROPN
cjfa-10415	202	6	of	of	ADP
cjfa-10415	202	7	economics	economic	NOUN
cjfa-10415	202	8	,	,	PUNCT
cjfa-10415	202	9	397	397	NUM
cjfa-10415	202	10	,	,	PUNCT
cjfa-10415	202	11	58	58	NUM
cjfa-10415	202	12	-	-	SYM
cjfa-10415	202	13	67	67	NUM
cjfa-10415	202	14	.	.	PUNCT
cjfa-10415	203	1	http://dx.doi	http://dx.doi	NOUN
cjfa-10415	203	2	.	.	PUNCT
cjfa-10415	204	1	org/10.15611	org/10.15611	ADJ
cjfa-10415	204	2	/	/	SYM
cjfa-10415	204	3	pn.2015.397.04	pn.2015.397.04	NOUN
cjfa-10415	204	4	.	.	PUNCT
cjfa-10415	205	1	an	an	DET
cjfa-10415	205	2	empirical	empirical	ADJ
cjfa-10415	205	3	evaluation	evaluation	NOUN
cjfa-10415	205	4	of	of	ADP
cjfa-10415	205	5	selected	select	VERB
cjfa-10415	205	6	accounting	accounting	NOUN
cjfa-10415	205	7	-	-	PUNCT
cjfa-10415	205	8	based	base	VERB
cjfa-10415	205	9	…	…	PUNCT
cjfa-10415	205	10	37	37	NUM
cjfa-10415	205	11	chiou	chiou	NOUN
cjfa-10415	205	12	,	,	PUNCT
cjfa-10415	205	13	w.j	w.j	PROPN
cjfa-10415	205	14	.	.	PROPN
cjfa-10415	205	15	p.	p.	PROPN
cjfa-10415	205	16	,	,	PUNCT
cjfa-10415	205	17	porter	porter	PROPN
cjfa-10415	205	18	,	,	PUNCT
cjfa-10415	205	19	r.	r.	PROPN
cjfa-10415	205	20	l.	l.	PROPN
cjfa-10415	205	21	,	,	PUNCT
cjfa-10415	205	22	&	&	CCONJ
cjfa-10415	205	23	sopranzetti	sopranzetti	PROPN
cjfa-10415	205	24	,	,	PUNCT
cjfa-10415	205	25	b.	b.	PROPN
cjfa-10415	205	26	j.	j.	PROPN
cjfa-10415	205	27	(	(	PUNCT
cjfa-10415	205	28	2014	2014	NUM
cjfa-10415	205	29	)	)	PUNCT
cjfa-10415	205	30	.	.	PUNCT
cjfa-10415	206	1	understanding	understand	VERB
cjfa-10415	206	2	the	the	DET
cjfa-10415	206	3	channels	channel	NOUN
cjfa-10415	206	4	of	of	ADP
cjfa-10415	206	5	bank	bank	NOUN
cjfa-10415	206	6	value	value	NOUN
cjfa-10415	206	7	creation	creation	NOUN
cjfa-10415	206	8	during	during	ADP
cjfa-10415	206	9	times	time	NOUN
cjfa-10415	206	10	of	of	ADP
cjfa-10415	206	11	crisis	crisis	NOUN
cjfa-10415	206	12	:	:	PUNCT
cjfa-10415	206	13	deconstructing	deconstruct	VERB
cjfa-10415	206	14	roa	roa	PROPN
cjfa-10415	206	15	.	.	PROPN
cjfa-10415	206	16	journal	journal	PROPN
cjfa-10415	206	17	of	of	ADP
cjfa-10415	206	18	accounting	accounting	NOUN
cjfa-10415	206	19	and	and	CCONJ
cjfa-10415	206	20	finance	finance	NOUN
cjfa-10415	206	21	,	,	PUNCT
cjfa-10415	206	22	14	14	NUM
cjfa-10415	206	23	(	(	PUNCT
cjfa-10415	206	24	5	5	NUM
cjfa-10415	206	25	)	)	PUNCT
cjfa-10415	206	26	,	,	PUNCT
cjfa-10415	206	27	11	11	NUM
cjfa-10415	206	28	-	-	SYM
cjfa-10415	206	29	23	23	NUM
cjfa-10415	206	30	.	.	PUNCT
cjfa-10415	207	1	de	de	PROPN
cjfa-10415	207	2	nicoló	nicoló	PROPN
cjfa-10415	207	3	,	,	PUNCT
cjfa-10415	207	4	g.	g.	PROPN
cjfa-10415	207	5	(	(	PUNCT
cjfa-10415	207	6	2000	2000	NUM
cjfa-10415	207	7	)	)	PUNCT
cjfa-10415	207	8	.	.	PUNCT
cjfa-10415	207	9	size	size	NOUN
cjfa-10415	207	10	,	,	PUNCT
cjfa-10415	207	11	charter	charter	NOUN
cjfa-10415	207	12	value	value	NOUN
cjfa-10415	207	13	and	and	CCONJ
cjfa-10415	207	14	risk	risk	NOUN
cjfa-10415	207	15	in	in	ADP
cjfa-10415	207	16	banking	banking	NOUN
cjfa-10415	207	17	:	:	PUNCT
cjfa-10415	207	18	an	an	DET
cjfa-10415	207	19	international	international	ADJ
cjfa-10415	207	20	perspective	perspective	NOUN
cjfa-10415	207	21	.	.	PUNCT
cjfa-10415	208	1	board	board	NOUN
cjfa-10415	208	2	of	of	ADP
cjfa-10415	208	3	governors	governor	NOUN
cjfa-10415	208	4	of	of	ADP
cjfa-10415	208	5	the	the	DET
cjfa-10415	208	6	federal	federal	PROPN
cjfa-10415	208	7	reserve	reserve	PROPN
cjfa-10415	208	8	system	system	NOUN
cjfa-10415	208	9	,	,	PUNCT
cjfa-10415	208	10	689	689	NUM
cjfa-10415	208	11	,	,	PUNCT
cjfa-10415	208	12	1	1	NUM
cjfa-10415	208	13	-	-	SYM
cjfa-10415	208	14	42	42	NUM
cjfa-10415	208	15	.	.	PUNCT
cjfa-10415	209	1	http://dx.doi	http://dx.doi	NOUN
cjfa-10415	209	2	.	.	PUNCT
cjfa-10415	210	1	org/10.2139	org/10.2139	PROPN
cjfa-10415	210	2	/	/	SYM
cjfa-10415	210	3	ssrn.255465	ssrn.255465	PROPN
cjfa-10415	210	4	.	.	PUNCT
cjfa-10415	210	5	dimitropoulos	dimitropoulos	PROPN
cjfa-10415	210	6	,	,	PUNCT
cjfa-10415	210	7	p.e	p.e	PROPN
cjfa-10415	210	8	.	.	PROPN
cjfa-10415	210	9	,	,	PUNCT
cjfa-10415	210	10	asteriou	asteriou	PROPN
cjfa-10415	210	11	,	,	PUNCT
cjfa-10415	210	12	d.	d.	PROPN
cjfa-10415	210	13	,	,	PUNCT
cjfa-10415	210	14	koumanakos	koumanakos	PROPN
cjfa-10415	210	15	,	,	PUNCT
cjfa-10415	210	16	e.	e.	PROPN
cjfa-10415	210	17	(	(	PUNCT
cjfa-10415	210	18	2010	2010	NUM
cjfa-10415	210	19	)	)	PUNCT
cjfa-10415	210	20	.	.	PUNCT
cjfa-10415	211	1	the	the	DET
cjfa-10415	211	2	relevance	relevance	NOUN
cjfa-10415	211	3	of	of	ADP
cjfa-10415	211	4	earnings	earning	NOUN
cjfa-10415	211	5	and	and	CCONJ
cjfa-10415	211	6	cash	cash	NOUN
cjfa-10415	211	7	flows	flow	NOUN
cjfa-10415	211	8	in	in	ADP
cjfa-10415	211	9	a	a	DET
cjfa-10415	211	10	heavily	heavily	ADV
cjfa-10415	211	11	regulated	regulated	ADJ
cjfa-10415	211	12	industry	industry	NOUN
cjfa-10415	211	13	:	:	PUNCT
cjfa-10415	211	14	evidence	evidence	NOUN
cjfa-10415	211	15	from	from	ADP
cjfa-10415	211	16	the	the	DET
cjfa-10415	211	17	greek	greek	ADJ
cjfa-10415	211	18	banking	banking	NOUN
cjfa-10415	211	19	sector	sector	NOUN
cjfa-10415	211	20	.	.	PUNCT
cjfa-10415	212	1	advances	advance	NOUN
cjfa-10415	212	2	in	in	ADP
cjfa-10415	212	3	accounting	accounting	NOUN
cjfa-10415	212	4	,	,	PUNCT
cjfa-10415	212	5	26	26	NUM
cjfa-10415	212	6	,	,	PUNCT
cjfa-10415	212	7	290–303	290–303	NUM
cjfa-10415	212	8	.	.	PUNCT
cjfa-10415	213	1	http://dx.doi.org/10.1016/j.adiac.2010.08.005	http://dx.doi.org/10.1016/j.adiac.2010.08.005	PROPN
cjfa-10415	213	2	.	.	PUNCT
cjfa-10415	214	1	fortin	fortin	PROPN
cjfa-10415	214	2	,	,	PUNCT
cjfa-10415	214	3	r.	r.	PROPN
cjfa-10415	214	4	,	,	PUNCT
cjfa-10415	214	5	goldberg	goldberg	PROPN
cjfa-10415	214	6	,	,	PUNCT
cjfa-10415	214	7	g.	g.	PROPN
cjfa-10415	214	8	m.	m.	PROPN
cjfa-10415	214	9	,	,	PUNCT
cjfa-10415	214	10	roth	roth	PROPN
cjfa-10415	214	11	,	,	PUNCT
cjfa-10415	214	12	g.	g.	PROPN
cjfa-10415	214	13	(	(	PUNCT
cjfa-10415	214	14	2011	2011	NUM
cjfa-10415	214	15	)	)	PUNCT
cjfa-10415	214	16	.	.	PUNCT
cjfa-10415	215	1	bank	bank	NOUN
cjfa-10415	215	2	charter	charter	NOUN
cjfa-10415	215	3	value	value	NOUN
cjfa-10415	215	4	determinants	determinant	NOUN
cjfa-10415	215	5	during	during	ADP
cjfa-10415	215	6	the	the	DET
cjfa-10415	215	7	2008	2008	NUM
cjfa-10415	215	8	financial	financial	ADJ
cjfa-10415	215	9	crisis	crisis	NOUN
cjfa-10415	215	10	.	.	PUNCT
cjfa-10415	216	1	journal	journal	PROPN
cjfa-10415	216	2	of	of	ADP
cjfa-10415	216	3	finance	finance	NOUN
cjfa-10415	216	4	and	and	CCONJ
cjfa-10415	216	5	accountancy	accountancy	NOUN
cjfa-10415	216	6	,	,	PUNCT
cjfa-10415	216	7	1	1	NUM
cjfa-10415	216	8	-	-	SYM
cjfa-10415	216	9	13	13	NUM
cjfa-10415	216	10	.	.	PUNCT
cjfa-10415	217	1	gao	gao	PROPN
cjfa-10415	217	2	,	,	PUNCT
cjfa-10415	217	3	z.	z.	PROPN
cjfa-10415	217	4	,	,	PUNCT
cjfa-10415	217	5	li	li	PROPN
cjfa-10415	217	6	,	,	PUNCT
cjfa-10415	217	7	w.	w.	PROPN
cjfa-10415	217	8	,	,	PUNCT
cjfa-10415	217	9	o’hanlon	o’hanlon	NOUN
cjfa-10415	217	10	,	,	PUNCT
cjfa-10415	217	11	j.	j.	PROPN
cjfa-10415	217	12	(	(	PUNCT
cjfa-10415	217	13	2015	2015	NUM
cjfa-10415	217	14	)	)	PUNCT
cjfa-10415	217	15	.	.	PUNCT
cjfa-10415	218	1	the	the	DET
cjfa-10415	218	2	informativeness	informativeness	NOUN
cjfa-10415	218	3	of	of	ADP
cjfa-10415	218	4	us	us	PROPN
cjfa-10415	218	5	banks	bank	NOUN
cjfa-10415	218	6	’	’	PART
cjfa-10415	218	7	statements	statement	NOUN
cjfa-10415	218	8	of	of	ADP
cjfa-10415	218	9	cash	cash	NOUN
cjfa-10415	218	10	flows	flow	NOUN
cjfa-10415	218	11	.	.	PUNCT
cjfa-10415	219	1	lancaster	lancaster	PROPN
cjfa-10415	219	2	university	university	PROPN
cjfa-10415	219	3	management	management	NOUN
cjfa-10415	219	4	school	school	NOUN
cjfa-10415	219	5	working	working	NOUN
cjfa-10415	219	6	paper	paper	NOUN
cjfa-10415	219	7	,	,	PUNCT
cjfa-10415	219	8	1	1	NUM
cjfa-10415	219	9	-	-	SYM
cjfa-10415	219	10	53	53	NUM
cjfa-10415	219	11	.	.	PUNCT
cjfa-10415	220	1	gosh	gosh	PROPN
cjfa-10415	220	2	,	,	PUNCT
cjfa-10415	220	3	s.	s.	PROPN
cjfa-10415	220	4	(	(	PUNCT
cjfa-10415	220	5	2009	2009	NUM
cjfa-10415	220	6	)	)	PUNCT
cjfa-10415	220	7	.	.	PUNCT
cjfa-10415	221	1	charter	charter	NOUN
cjfa-10415	221	2	value	value	NOUN
cjfa-10415	221	3	and	and	CCONJ
cjfa-10415	221	4	risk	risk	NOUN
cjfa-10415	221	5	-	-	PUNCT
cjfa-10415	221	6	taking	taking	NOUN
cjfa-10415	221	7	:	:	PUNCT
cjfa-10415	221	8	evidence	evidence	NOUN
cjfa-10415	221	9	from	from	ADP
cjfa-10415	221	10	indian	indian	ADJ
cjfa-10415	221	11	banks	bank	NOUN
cjfa-10415	221	12	.	.	PUNCT
cjfa-10415	222	1	journal	journal	PROPN
cjfa-10415	222	2	of	of	ADP
cjfa-10415	222	3	the	the	DET
cjfa-10415	222	4	asia	asia	PROPN
cjfa-10415	222	5	pacific	pacific	PROPN
cjfa-10415	222	6	economy	economy	NOUN
cjfa-10415	222	7	,	,	PUNCT
cjfa-10415	222	8	14	14	NUM
cjfa-10415	222	9	(	(	PUNCT
cjfa-10415	222	10	3	3	NUM
cjfa-10415	222	11	)	)	PUNCT
cjfa-10415	222	12	,	,	PUNCT
cjfa-10415	222	13	270	270	NUM
cjfa-10415	222	14	-	-	SYM
cjfa-10415	222	15	286	286	NUM
cjfa-10415	222	16	.	.	PUNCT
cjfa-10415	223	1	http://dx.doi.org/10.1080/	http://dx.doi.org/10.1080/	NUM
cjfa-10415	223	2	13547860902975606	13547860902975606	NUM
cjfa-10415	223	3	.	.	PUNCT
cjfa-10415	224	1	hart	hart	PROPN
cjfa-10415	224	2	,	,	PUNCT
cjfa-10415	224	3	o.	o.	PROPN
cjfa-10415	224	4	,	,	PUNCT
cjfa-10415	224	5	&	&	CCONJ
cjfa-10415	224	6	moore	moore	PROPN
cjfa-10415	224	7	,	,	PUNCT
cjfa-10415	224	8	j.	j.	PROPN
cjfa-10415	224	9	(	(	PUNCT
cjfa-10415	224	10	1995	1995	NUM
cjfa-10415	224	11	)	)	PUNCT
cjfa-10415	224	12	.	.	PUNCT
cjfa-10415	225	1	debt	debt	NOUN
cjfa-10415	225	2	and	and	CCONJ
cjfa-10415	225	3	seniority	seniority	NOUN
cjfa-10415	225	4	:	:	PUNCT
cjfa-10415	225	5	an	an	DET
cjfa-10415	225	6	analysis	analysis	NOUN
cjfa-10415	225	7	of	of	ADP
cjfa-10415	225	8	the	the	DET
cjfa-10415	225	9	role	role	NOUN
cjfa-10415	225	10	of	of	ADP
cjfa-10415	225	11	hard	hard	ADJ
cjfa-10415	225	12	claims	claim	NOUN
cjfa-10415	225	13	in	in	ADP
cjfa-10415	225	14	constraining	constrain	VERB
cjfa-10415	225	15	management	management	NOUN
cjfa-10415	225	16	.	.	PUNCT
cjfa-10415	226	1	american	american	PROPN
cjfa-10415	226	2	economic	economic	PROPN
cjfa-10415	226	3	review	review	PROPN
cjfa-10415	226	4	,	,	PUNCT
cjfa-10415	226	5	85	85	NUM
cjfa-10415	226	6	,	,	PUNCT
cjfa-10415	226	7	567	567	NUM
cjfa-10415	226	8	-	-	SYM
cjfa-10415	226	9	585	585	NUM
cjfa-10415	226	10	.	.	PUNCT
cjfa-10415	226	11	http://bossa.pl/notowania/metastock/	http://bossa.pl/notowania/metastock/	NOUN
cjfa-10415	226	12	(	(	PUNCT
cjfa-10415	226	13	accessed	access	VERB
cjfa-10415	226	14	:	:	PUNCT
cjfa-10415	226	15	15.09.2015	15.09.2015	NUM
cjfa-10415	226	16	)	)	PUNCT
cjfa-10415	226	17	.	.	PUNCT
cjfa-10415	227	1	http://site.securities.com/cgi-bin/comp_profiles/94dec/pl/comp_profiles.html	http://site.securities.com/cgi-bin/comp_profiles/94dec/pl/comp_profiles.html	NOUN
cjfa-10415	227	2	(	(	PUNCT
cjfa-10415	227	3	accessed	access	VERB
cjfa-10415	227	4	:	:	PUNCT
cjfa-10415	227	5	15.09.2015	15.09.2015	NUM
cjfa-10415	227	6	)	)	PUNCT
cjfa-10415	227	7	.	.	PUNCT
cjfa-10415	228	1	jordan	jordan	PROPN
cjfa-10415	228	2	,	,	PUNCT
cjfa-10415	228	3	d.	d.	PROPN
cjfa-10415	228	4	j.	j.	PROPN
cjfa-10415	228	5	,	,	PUNCT
cjfa-10415	228	6	rice	rice	PROPN
cjfa-10415	228	7	,	,	PUNCT
cjfa-10415	228	8	d.	d.	PROPN
cjfa-10415	228	9	,	,	PUNCT
cjfa-10415	228	10	sanchez	sanchez	PROPN
cjfa-10415	228	11	,	,	PUNCT
cjfa-10415	228	12	j.	j.	PROPN
cjfa-10415	228	13	,	,	PUNCT
cjfa-10415	228	14	&	&	CCONJ
cjfa-10415	228	15	wort	wort	NOUN
cjfa-10415	228	16	,	,	PUNCT
cjfa-10415	228	17	d.	d.	PROPN
cjfa-10415	228	18	(	(	PUNCT
cjfa-10415	228	19	2011	2011	NUM
cjfa-10415	228	20	)	)	PUNCT
cjfa-10415	228	21	.	.	PUNCT
cjfa-10415	229	1	explaining	explain	VERB
cjfa-10415	229	2	bank	bank	NOUN
cjfa-10415	229	3	market	market	NOUN
cjfa-10415	229	4	-	-	PUNCT
cjfa-10415	229	5	to	to	ADP
cjfa-10415	229	6	-	-	PUNCT
cjfa-10415	229	7	book	book	NOUN
cjfa-10415	229	8	ratios	ratio	NOUN
cjfa-10415	229	9	:	:	PUNCT
cjfa-10415	229	10	evidence	evidence	NOUN
cjfa-10415	229	11	from	from	ADP
cjfa-10415	229	12	2006	2006	NUM
cjfa-10415	229	13	to	to	ADP
cjfa-10415	229	14	2009	2009	NUM
cjfa-10415	229	15	.	.	PUNCT
cjfa-10415	230	1	journal	journal	NOUN
cjfa-10415	230	2	of	of	ADP
cjfa-10415	230	3	banking	banking	NOUN
cjfa-10415	230	4	and	and	CCONJ
cjfa-10415	230	5	finance	finance	NOUN
cjfa-10415	230	6	,	,	PUNCT
cjfa-10415	230	7	35	35	NUM
cjfa-10415	230	8	(	(	PUNCT
cjfa-10415	230	9	8)	8)	NUM
cjfa-10415	230	10	,	,	PUNCT
cjfa-10415	230	11	2047	2047	NUM
cjfa-10415	230	12	-2055	-2055	NOUN
cjfa-10415	230	13	.	.	PUNCT
cjfa-10415	231	1	http://dx.doi.org/10.1016/j.jbankfin.2011.01.017	http://dx.doi.org/10.1016/j.jbankfin.2011.01.017	PROPN
cjfa-10415	231	2	lim	lim	PROPN
cjfa-10415	231	3	,	,	PUNCT
cjfa-10415	231	4	c.y	c.y	PROPN
cjfa-10415	231	5	.	.	PROPN
cjfa-10415	231	6	,	,	PUNCT
cjfa-10415	231	7	walker	walker	PROPN
cjfa-10415	231	8	,	,	PUNCT
cjfa-10415	231	9	m.	m.	NOUN
cjfa-10415	231	10	,	,	PUNCT
cjfa-10415	231	11	&	&	CCONJ
cjfa-10415	231	12	lee	lee	PROPN
cjfa-10415	231	13	,	,	PUNCT
cjfa-10415	231	14	e.	e.	PROPN
cjfa-10415	231	15	(	(	PUNCT
cjfa-10415	231	16	2013	2013	NUM
cjfa-10415	231	17	)	)	PUNCT
cjfa-10415	231	18	.	.	PUNCT
cjfa-10415	232	1	are	be	AUX
cjfa-10415	232	2	the	the	DET
cjfa-10415	232	3	loan	loan	NOUN
cjfa-10415	232	4	loss	loss	NOUN
cjfa-10415	232	5	and	and	CCONJ
cjfa-10415	232	6	fair	fair	ADJ
cjfa-10415	232	7	value	value	NOUN
cjfa-10415	232	8	components	component	NOUN
cjfa-10415	232	9	of	of	ADP
cjfa-10415	232	10	bank	bank	NOUN
cjfa-10415	232	11	income	income	NOUN
cjfa-10415	232	12	rationally	rationally	ADV
cjfa-10415	232	13	priced	price	VERB
cjfa-10415	232	14	?	?	PUNCT
cjfa-10415	233	1	research	research	NOUN
cjfa-10415	233	2	collection	collection	NOUN
cjfa-10415	233	3	school	school	NOUN
cjfa-10415	233	4	of	of	ADP
cjfa-10415	233	5	accountancy	accountancy	NOUN
cjfa-10415	233	6	,	,	PUNCT
cjfa-10415	233	7	institutional	institutional	ADJ
cjfa-10415	233	8	knowledge	knowledge	NOUN
cjfa-10415	233	9	.	.	PUNCT
cjfa-10415	234	1	singapore	singapore	PROPN
cjfa-10415	234	2	management	management	PROPN
cjfa-10415	234	3	university	university	PROPN
cjfa-10415	234	4	,	,	PUNCT
cjfa-10415	234	5	4	4	NUM
cjfa-10415	234	6	,	,	PUNCT
cjfa-10415	234	7	1–51	1–51	PROPN
cjfa-10415	234	8	.	.	PUNCT
cjfa-10415	235	1	mehran	mehran	PROPN
cjfa-10415	235	2	,	,	PUNCT
cjfa-10415	235	3	h.	h.	PROPN
cjfa-10415	235	4	,	,	PUNCT
cjfa-10415	235	5	&	&	CCONJ
cjfa-10415	235	6	thakor	thakor	PROPN
cjfa-10415	235	7	,	,	PUNCT
cjfa-10415	235	8	a.	a.	NOUN
cjfa-10415	235	9	(	(	PUNCT
cjfa-10415	235	10	2011	2011	NUM
cjfa-10415	235	11	)	)	PUNCT
cjfa-10415	235	12	.	.	PUNCT
cjfa-10415	236	1	bank	bank	NOUN
cjfa-10415	236	2	capital	capital	NOUN
cjfa-10415	236	3	and	and	CCONJ
cjfa-10415	236	4	value	value	NOUN
cjfa-10415	236	5	in	in	ADP
cjfa-10415	236	6	the	the	DET
cjfa-10415	236	7	cross	cross	NOUN
cjfa-10415	236	8	-	-	NOUN
cjfa-10415	236	9	section	section	NOUN
cjfa-10415	236	10	.	.	PUNCT
cjfa-10415	237	1	the	the	DET
cjfa-10415	237	2	review	review	NOUN
cjfa-10415	237	3	of	of	ADP
cjfa-10415	237	4	financial	financial	ADJ
cjfa-10415	237	5	studies	study	NOUN
cjfa-10415	237	6	,	,	PUNCT
cjfa-10415	237	7	24	24	NUM
cjfa-10415	237	8	(	(	PUNCT
cjfa-10415	237	9	4	4	NUM
cjfa-10415	237	10	)	)	PUNCT
cjfa-10415	237	11	,	,	PUNCT
cjfa-10415	237	12	1019	1019	NUM
cjfa-10415	237	13	-	-	SYM
cjfa-10415	237	14	1067	1067	NUM
cjfa-10415	237	15	.	.	PUNCT
cjfa-10415	238	1	http://dx.doi.org/10.1093/rfs/hhq022	http://dx.doi.org/10.1093/rfs/hhq022	PROPN
cjfa-10415	238	2	.	.	PUNCT
cjfa-10415	238	3	miller	miller	PROPN
cjfa-10415	238	4	,	,	PUNCT
cjfa-10415	238	5	m.	m.	NOUN
cjfa-10415	238	6	h.	h.	PROPN
cjfa-10415	238	7	(	(	PUNCT
cjfa-10415	238	8	1995	1995	NUM
cjfa-10415	238	9	)	)	PUNCT
cjfa-10415	238	10	.	.	PUNCT
cjfa-10415	239	1	do	do	AUX
cjfa-10415	239	2	the	the	DET
cjfa-10415	239	3	m&m	m&m	NOUN
cjfa-10415	239	4	propositions	proposition	NOUN
cjfa-10415	239	5	apply	apply	VERB
cjfa-10415	239	6	to	to	ADP
cjfa-10415	239	7	banks	bank	NOUN
cjfa-10415	239	8	?	?	PUNCT
cjfa-10415	240	1	journal	journal	NOUN
cjfa-10415	240	2	of	of	ADP
cjfa-10415	240	3	banking	banking	NOUN
cjfa-10415	240	4	and	and	CCONJ
cjfa-10415	240	5	finance	finance	NOUN
cjfa-10415	240	6	,	,	PUNCT
cjfa-10415	240	7	19	19	NUM
cjfa-10415	240	8	,	,	PUNCT
cjfa-10415	240	9	483–489	483–489	NUM
cjfa-10415	240	10	.	.	PUNCT
cjfa-10415	241	1	http://dx.doi.org/10.1016/0378-4266(94)00134-o	http://dx.doi.org/10.1016/0378-4266(94)00134-o	PROPN
cjfa-10415	241	2	.	.	PUNCT
cjfa-10415	242	1	modigliani	modigliani	PROPN
cjfa-10415	242	2	,	,	PUNCT
cjfa-10415	242	3	f.	f.	PROPN
cjfa-10415	242	4	,	,	PUNCT
cjfa-10415	242	5	&	&	CCONJ
cjfa-10415	242	6	miller	miller	PROPN
cjfa-10415	242	7	,	,	PUNCT
cjfa-10415	242	8	m.	m.	NOUN
cjfa-10415	242	9	h.	h.	PROPN
cjfa-10415	242	10	(	(	PUNCT
cjfa-10415	242	11	1958	1958	NUM
cjfa-10415	242	12	)	)	PUNCT
cjfa-10415	242	13	.	.	PUNCT
cjfa-10415	243	1	the	the	DET
cjfa-10415	243	2	cost	cost	NOUN
cjfa-10415	243	3	of	of	ADP
cjfa-10415	243	4	capital	capital	NOUN
cjfa-10415	243	5	,	,	PUNCT
cjfa-10415	243	6	corporate	corporate	ADJ
cjfa-10415	243	7	finance	finance	NOUN
cjfa-10415	243	8	and	and	CCONJ
cjfa-10415	243	9	the	the	DET
cjfa-10415	243	10	theory	theory	NOUN
cjfa-10415	243	11	of	of	ADP
cjfa-10415	243	12	investment	investment	NOUN
cjfa-10415	243	13	.	.	PUNCT
cjfa-10415	244	1	american	american	PROPN
cjfa-10415	244	2	economic	economic	PROPN
cjfa-10415	244	3	review	review	PROPN
cjfa-10415	244	4	,	,	PUNCT
cjfa-10415	244	5	48	48	NUM
cjfa-10415	244	6	,	,	PUNCT
cjfa-10415	244	7	261–297	261–297	NUM
cjfa-10415	244	8	.	.	PUNCT
cjfa-10415	245	1	ryan	ryan	PROPN
cjfa-10415	245	2	,	,	PUNCT
cjfa-10415	245	3	s.	s.	PROPN
cjfa-10415	245	4	,	,	PUNCT
cjfa-10415	245	5	tucker	tucker	PROPN
cjfa-10415	245	6	,	,	PUNCT
cjfa-10415	245	7	j.	j.	PROPN
cjfa-10415	245	8	,	,	PUNCT
cjfa-10415	245	9	&	&	CCONJ
cjfa-10415	245	10	zarowin	zarowin	PROPN
cjfa-10415	245	11	,	,	PUNCT
cjfa-10415	245	12	p.	p.	NOUN
cjfa-10415	245	13	(	(	PUNCT
cjfa-10415	245	14	2006	2006	NUM
cjfa-10415	245	15	)	)	PUNCT
cjfa-10415	245	16	.	.	PUNCT
cjfa-10415	246	1	,	,	PUNCT
cjfa-10415	246	2	classification	classification	NOUN
cjfa-10415	246	3	and	and	CCONJ
cjfa-10415	246	4	market	market	NOUN
cjfa-10415	246	5	pricing	pricing	NOUN
cjfa-10415	246	6	of	of	ADP
cjfa-10415	246	7	the	the	DET
cjfa-10415	246	8	cash	cash	NOUN
cjfa-10415	246	9	flows	flow	NOUN
cjfa-10415	246	10	and	and	CCONJ
cjfa-10415	246	11	accruals	accrual	NOUN
cjfa-10415	246	12	on	on	ADP
cjfa-10415	246	13	trading	trading	NOUN
cjfa-10415	246	14	positions	position	NOUN
cjfa-10415	246	15	.	.	PUNCT
cjfa-10415	247	1	the	the	DET
cjfa-10415	247	2	accounting	accounting	NOUN
cjfa-10415	247	3	review	review	NOUN
cjfa-10415	247	4	,	,	PUNCT
cjfa-10415	247	5	81	81	NUM
cjfa-10415	247	6	(	(	PUNCT
cjfa-10415	247	7	2	2	NUM
cjfa-10415	247	8	)	)	PUNCT
cjfa-10415	247	9	,	,	PUNCT
cjfa-10415	247	10	443	443	NUM
cjfa-10415	247	11	-	-	SYM
cjfa-10415	247	12	472	472	NUM
cjfa-10415	247	13	.	.	PUNCT
cjfa-10415	248	1	http://dx.doi.org/10.2308/accr.2006.81.2.443	http://dx.doi.org/10.2308/accr.2006.81.2.443	X
cjfa-10415	248	2	.	.	PUNCT
cjfa-10415	249	1	shamsuddin	shamsuddin	PROPN
cjfa-10415	249	2	,	,	PUNCT
cjfa-10415	249	3	a.	a.	PROPN
cjfa-10415	249	4	,	,	PUNCT
cjfa-10415	249	5	&	&	CCONJ
cjfa-10415	249	6	xiang	xiang	PROPN
cjfa-10415	249	7	,	,	PUNCT
cjfa-10415	249	8	d.	d.	PROPN
cjfa-10415	249	9	(	(	PUNCT
cjfa-10415	249	10	2012	2012	NUM
cjfa-10415	249	11	)	)	PUNCT
cjfa-10415	249	12	.	.	PUNCT
cjfa-10415	250	1	does	do	AUX
cjfa-10415	250	2	bank	bank	NOUN
cjfa-10415	250	3	efficiency	efficiency	NOUN
cjfa-10415	250	4	matter	matter	NOUN
cjfa-10415	250	5	?	?	PUNCT
cjfa-10415	251	1	market	market	NOUN
cjfa-10415	251	2	value	value	NOUN
cjfa-10415	251	3	relevance	relevance	NOUN
cjfa-10415	251	4	of	of	ADP
cjfa-10415	251	5	bank	bank	NOUN
cjfa-10415	251	6	efficiency	efficiency	NOUN
cjfa-10415	251	7	in	in	ADP
cjfa-10415	251	8	australia	australia	PROPN
cjfa-10415	251	9	.	.	PUNCT
cjfa-10415	252	1	applied	apply	VERB
cjfa-10415	252	2	economics	economic	NOUN
cjfa-10415	252	3	,	,	PUNCT
cjfa-10415	252	4	44	44	NUM
cjfa-10415	252	5	,	,	PUNCT
cjfa-10415	252	6	3563	3563	NUM
cjfa-10415	252	7	-	-	SYM
cjfa-10415	252	8	3572	3572	NUM
cjfa-10415	252	9	.	.	PUNCT
cjfa-10415	253	1	http://	http://	PROPN
cjfa-10415	253	2	dx.doi.org/10.1080/00036846.2011.577027	dx.doi.org/10.1080/00036846.2011.577027	PROPN
cjfa-10415	253	3	.	.	PUNCT
cjfa-10415	254	1	wahlen	wahlen	PROPN
cjfa-10415	254	2	,	,	PUNCT
cjfa-10415	254	3	j.	j.	PROPN
cjfa-10415	254	4	m.	m.	PROPN
cjfa-10415	254	5	(	(	PUNCT
cjfa-10415	254	6	1994	1994	NUM
cjfa-10415	254	7	)	)	PUNCT
cjfa-10415	254	8	.	.	PUNCT
cjfa-10415	255	1	the	the	DET
cjfa-10415	255	2	nature	nature	NOUN
cjfa-10415	255	3	of	of	ADP
cjfa-10415	255	4	information	information	NOUN
cjfa-10415	255	5	in	in	ADP
cjfa-10415	255	6	commercial	commercial	ADJ
cjfa-10415	255	7	bank	bank	PROPN
cjfa-10415	255	8	loan	loan	NOUN
cjfa-10415	255	9	loss	loss	NOUN
cjfa-10415	255	10	disclosures	disclosure	NOUN
cjfa-10415	255	11	,	,	PUNCT
cjfa-10415	255	12	the	the	DET
cjfa-10415	255	13	accounting	accounting	NOUN
cjfa-10415	255	14	review	review	NOUN
cjfa-10415	255	15	,	,	PUNCT
cjfa-10415	255	16	vol	vol	NOUN
cjfa-10415	255	17	.	.	PROPN
cjfa-10415	255	18	69	69	NUM
cjfa-10415	255	19	,	,	PUNCT
cjfa-10415	255	20	no	no	INTJ
cjfa-10415	255	21	.	.	NOUN
cjfa-10415	255	22	3	3	NUM
cjfa-10415	255	23	,	,	PUNCT
cjfa-10415	255	24	pp	pp	ADJ
cjfa-10415	255	25	.	.	PUNCT
cjfa-10415	256	1	455–478	455–478	NUM
cjfa-10415	256	2	.	.	PUNCT
cjfa-10415	257	1	wang	wang	PROPN
cjfa-10415	257	2	,	,	PUNCT
cjfa-10415	257	3	m.	m.	PROPN
cjfa-10415	257	4	s.	s.	PROPN
cjfa-10415	257	5	(	(	PUNCT
cjfa-10415	257	6	2014	2014	NUM
cjfa-10415	257	7	)	)	PUNCT
cjfa-10415	257	8	.	.	PUNCT
cjfa-10415	258	1	financial	financial	ADJ
cjfa-10415	258	2	innovation	innovation	NOUN
cjfa-10415	258	3	,	,	PUNCT
cjfa-10415	258	4	basel	basel	PROPN
cjfa-10415	258	5	accord	accord	PROPN
cjfa-10415	258	6	iii	iii	PROPN
cjfa-10415	258	7	,	,	PUNCT
cjfa-10415	258	8	and	and	CCONJ
cjfa-10415	258	9	bank	bank	NOUN
cjfa-10415	258	10	value	value	NOUN
cjfa-10415	258	11	.	.	PUNCT
cjfa-10415	259	1	emerging	emerge	VERB
cjfa-10415	259	2	markets	market	NOUN
cjfa-10415	259	3	finance	finance	NOUN
cjfa-10415	259	4	&	&	CCONJ
cjfa-10415	259	5	trade	trade	PROPN
cjfa-10415	259	6	,	,	PUNCT
cjfa-10415	259	7	50	50	NUM
cjfa-10415	259	8	(	(	PUNCT
cjfa-10415	259	9	2	2	NUM
cjfa-10415	259	10	)	)	PUNCT
cjfa-10415	259	11	,	,	PUNCT
cjfa-10415	259	12	23	23	NUM
cjfa-10415	259	13	-	-	SYM
cjfa-10415	259	14	42	42	NUM
cjfa-10415	259	15	.	.	PUNCT
cjfa-10415	260	1	http://dx.doi.org/10.2753/ree1540496x5002s202	http://dx.doi.org/10.2753/ree1540496x5002s202	PROPN
cjfa-10415	260	2	.	.	PUNCT