id	sid	tid	token	lemma	pos
cjfa-35411	1	1	date	date	NOUN
cjfa-35411	1	2	of	of	ADP
cjfa-35411	1	3	submission	submission	NOUN
cjfa-35411	1	4	:	:	PUNCT
cjfa-35411	1	5	march	march	PROPN
cjfa-35411	1	6	24	24	NUM
cjfa-35411	1	7	,	,	PUNCT
cjfa-35411	1	8	2021	2021	NUM
cjfa-35411	1	9	;	;	PUNCT
cjfa-35411	1	10	date	date	NOUN
cjfa-35411	1	11	of	of	ADP
cjfa-35411	1	12	acceptance	acceptance	NOUN
cjfa-35411	1	13	:	:	PUNCT
cjfa-35411	1	14	may	may	AUX
cjfa-35411	1	15	5	5	NUM
cjfa-35411	1	16	,	,	PUNCT
cjfa-35411	1	17	2021	2021	NUM
cjfa-35411	1	18	.	.	PUNCT
cjfa-35411	2	1	*	*	PUNCT
cjfa-35411	2	2	contact	contact	NOUN
cjfa-35411	2	3	information	information	NOUN
cjfa-35411	2	4	:	:	PUNCT
cjfa-35411	2	5	kaur.navleen4@gmail.com	kaur.navleen4@gmail.com	PROPN
cjfa-35411	2	6	,	,	PUNCT
cjfa-35411	2	7	shri	shri	PROPN
cjfa-35411	2	8	atmanand	atmanand	VERB
cjfa-35411	2	9	jain	jain	PROPN
cjfa-35411	2	10	(	(	PUNCT
cjfa-35411	2	11	p.g	p.g	PROPN
cjfa-35411	2	12	.	.	PROPN
cjfa-35411	2	13	)	)	PUNCT
cjfa-35411	3	1	college	college	NOUN
cjfa-35411	3	2	,	,	PUNCT
cjfa-35411	3	3	ambala	ambala	PROPN
cjfa-35411	3	4	city	city	PROPN
cjfa-35411	3	5	,	,	PUNCT
cjfa-35411	3	6	haryana	haryana	PROPN
cjfa-35411	3	7	,	,	PUNCT
cjfa-35411	3	8	india	india	PROPN
cjfa-35411	3	9	,	,	PUNCT
cjfa-35411	3	10	134003	134003	NUM
cjfa-35411	3	11	,	,	PUNCT
cjfa-35411	3	12	phone	phone	NOUN
cjfa-35411	3	13	:	:	PUNCT
cjfa-35411	3	14	+917206691999	+917206691999	X
cjfa-35411	3	15	;	;	PUNCT
cjfa-35411	3	16	orcid	orcid	NOUN
cjfa-35411	4	1	i	i	NOUN
cjfa-35411	4	2	d	d	PROPN
cjfa-35411	4	3	:	:	PUNCT
cjfa-35411	4	4	https://	https://	PROPN
cjfa-35411	4	5	orcid.org/0000-0002-2643-0506	orcid.org/0000-0002-2643-0506	NOUN
cjfa-35411	4	6	.	.	PUNCT
cjfa-35411	5	1	copernican	copernican	PROPN
cjfa-35411	5	2	journal	journal	PROPN
cjfa-35411	5	3	of	of	ADP
cjfa-35411	5	4	finance	finance	PROPN
cjfa-35411	5	5	&	&	CCONJ
cjfa-35411	5	6	accounting	accounting	PROPN
cjfa-35411	5	7	e	e	PROPN
cjfa-35411	5	8	-	-	PROPN
cjfa-35411	5	9	issn	issn	PROPN
cjfa-35411	5	10	2300	2300	NUM
cjfa-35411	5	11	-	-	SYM
cjfa-35411	5	12	3065	3065	NUM
cjfa-35411	5	13	p	p	PROPN
cjfa-35411	5	14	-	-	PUNCT
cjfa-35411	5	15	issn	issn	PROPN
cjfa-35411	5	16	2300	2300	NUM
cjfa-35411	5	17	-	-	SYM
cjfa-35411	5	18	12402021	12402021	NUM
cjfa-35411	5	19	,	,	PUNCT
cjfa-35411	5	20	volume	volume	NOUN
cjfa-35411	5	21	10	10	NUM
cjfa-35411	5	22	,	,	PUNCT
cjfa-35411	5	23	issue	issue	NOUN
cjfa-35411	5	24	2	2	NUM
cjfa-35411	5	25	kaur	kaur	NOUN
cjfa-35411	5	26	,	,	PUNCT
cjfa-35411	5	27	n.	n.	NOUN
cjfa-35411	5	28	(	(	PUNCT
cjfa-35411	5	29	2021	2021	NUM
cjfa-35411	5	30	)	)	PUNCT
cjfa-35411	5	31	.	.	PUNCT
cjfa-35411	6	1	determinants	determinant	NOUN
cjfa-35411	6	2	of	of	ADP
cjfa-35411	6	3	dividend	dividend	NOUN
cjfa-35411	6	4	payout	payout	NOUN
cjfa-35411	6	5	decisions	decision	NOUN
cjfa-35411	6	6	of	of	ADP
cjfa-35411	6	7	original	original	ADJ
cjfa-35411	6	8	equipment	equipment	NOUN
cjfa-35411	6	9	manufacturers	manufacturer	NOUN
cjfa-35411	6	10	from	from	ADP
cjfa-35411	6	11	indian	indian	ADJ
cjfa-35411	6	12	automobile	automobile	NOUN
cjfa-35411	6	13	industry	industry	NOUN
cjfa-35411	6	14	.	.	PUNCT
cjfa-35411	7	1	copernican	copernican	PROPN
cjfa-35411	7	2	journal	journal	PROPN
cjfa-35411	7	3	of	of	ADP
cjfa-35411	7	4	finance	finance	PROPN
cjfa-35411	7	5	&	&	CCONJ
cjfa-35411	7	6	accounting	accounting	PROPN
cjfa-35411	7	7	,	,	PUNCT
cjfa-35411	7	8	10(2	10(2	NUM
cjfa-35411	7	9	)	)	PUNCT
cjfa-35411	7	10	,	,	PUNCT
cjfa-35411	7	11	9–26	9–26	NOUN
cjfa-35411	7	12	.	.	PUNCT
cjfa-35411	8	1	http://dx.doi.org/10.12775/cjfa.2021.005	http://dx.doi.org/10.12775/cjfa.2021.005	X
cjfa-35411	8	2	navleen	navleen	PROPN
cjfa-35411	8	3	kaur	kaur	PROPN
cjfa-35411	8	4	*	*	PUNCT
cjfa-35411	8	5	shri	shri	PROPN
cjfa-35411	8	6	atmanand	atmanand	PROPN
cjfa-35411	8	7	jain	jain	PROPN
cjfa-35411	8	8	(	(	PUNCT
cjfa-35411	8	9	p.g	p.g	PROPN
cjfa-35411	8	10	.	.	PROPN
cjfa-35411	8	11	)	)	PUNCT
cjfa-35411	8	12	college	college	NOUN
cjfa-35411	8	13	,	,	PUNCT
cjfa-35411	8	14	ambala	ambala	PROPN
cjfa-35411	8	15	city	city	NOUN
cjfa-35411	8	16	determinants	determinant	NOUN
cjfa-35411	8	17	of	of	ADP
cjfa-35411	8	18	dividend	dividend	NOUN
cjfa-35411	8	19	payout	payout	NOUN
cjfa-35411	8	20	decisions	decision	NOUN
cjfa-35411	8	21	of	of	ADP
cjfa-35411	8	22	original	original	ADJ
cjfa-35411	8	23	equipment	equipment	NOUN
cjfa-35411	8	24	manufacturers	manufacturer	NOUN
cjfa-35411	8	25	from	from	ADP
cjfa-35411	8	26	indian	indian	ADJ
cjfa-35411	8	27	automobile	automobile	NOUN
cjfa-35411	8	28	industry	industry	NOUN
cjfa-35411	8	29	keywords	keyword	NOUN
cjfa-35411	8	30	:	:	PUNCT
cjfa-35411	8	31	dividend	dividend	NOUN
cjfa-35411	8	32	,	,	PUNCT
cjfa-35411	8	33	panel	panel	NOUN
cjfa-35411	8	34	data	datum	NOUN
cjfa-35411	8	35	,	,	PUNCT
cjfa-35411	8	36	automobile	automobile	NOUN
cjfa-35411	8	37	,	,	PUNCT
cjfa-35411	8	38	original	original	ADJ
cjfa-35411	8	39	equipment	equipment	NOUN
cjfa-35411	8	40	manufacturers	manufacturer	NOUN
cjfa-35411	8	41	,	,	PUNCT
cjfa-35411	8	42	bombay	bombay	PROPN
cjfa-35411	8	43	stock	stock	PROPN
cjfa-35411	8	44	exchange	exchange	PROPN
cjfa-35411	8	45	.	.	PUNCT
cjfa-35411	9	1	j	j	PROPN
cjfa-35411	9	2	e	e	PROPN
cjfa-35411	9	3	l	l	PROPN
cjfa-35411	9	4	classification	classification	NOUN
cjfa-35411	9	5	:	:	PUNCT
cjfa-35411	10	1	g35	g35	PROPN
cjfa-35411	10	2	,	,	PUNCT
cjfa-35411	10	3	c23	c23	PROPN
cjfa-35411	10	4	.	.	PUNCT
cjfa-35411	11	1	abstract	abstract	PROPN
cjfa-35411	11	2	:	:	PUNCT
cjfa-35411	11	3	the	the	DET
cjfa-35411	11	4	purpose	purpose	NOUN
cjfa-35411	11	5	of	of	ADP
cjfa-35411	11	6	this	this	DET
cjfa-35411	11	7	study	study	NOUN
cjfa-35411	11	8	is	be	AUX
cjfa-35411	11	9	to	to	PART
cjfa-35411	11	10	identify	identify	VERB
cjfa-35411	11	11	and	and	CCONJ
cjfa-35411	11	12	analyze	analyze	VERB
cjfa-35411	11	13	the	the	DET
cjfa-35411	11	14	variables	variable	NOUN
cjfa-35411	11	15	that	that	PRON
cjfa-35411	11	16	significantly	significantly	ADV
cjfa-35411	11	17	affect	affect	VERB
cjfa-35411	11	18	dividend	dividend	NOUN
cjfa-35411	11	19	payout	payout	NOUN
cjfa-35411	11	20	decisions	decision	NOUN
cjfa-35411	11	21	of	of	ADP
cjfa-35411	11	22	original	original	ADJ
cjfa-35411	11	23	equipment	equipment	NOUN
cjfa-35411	11	24	manufacturers	manufacturer	NOUN
cjfa-35411	11	25	(	(	PUNCT
cjfa-35411	11	26	oems	oem	NOUN
cjfa-35411	11	27	)	)	PUNCT
cjfa-35411	11	28	from	from	ADP
cjfa-35411	11	29	indian	indian	ADJ
cjfa-35411	11	30	automobile	automobile	NOUN
cjfa-35411	11	31	industry	industry	NOUN
cjfa-35411	11	32	listed	list	VERB
cjfa-35411	11	33	on	on	ADP
cjfa-35411	11	34	the	the	DET
cjfa-35411	11	35	bombay	bombay	PROPN
cjfa-35411	11	36	stock	stock	PROPN
cjfa-35411	11	37	exchange	exchange	PROPN
cjfa-35411	11	38	(	(	PUNCT
cjfa-35411	11	39	bse	bse	PROPN
cjfa-35411	11	40	)	)	PUNCT
cjfa-35411	11	41	.	.	PUNCT
cjfa-35411	12	1	analysis	analysis	NOUN
cjfa-35411	12	2	is	be	AUX
cjfa-35411	12	3	based	base	VERB
cjfa-35411	12	4	on	on	ADP
cjfa-35411	12	5	balanced	balanced	ADJ
cjfa-35411	12	6	panel	panel	NOUN
cjfa-35411	12	7	data	datum	NOUN
cjfa-35411	12	8	with	with	ADP
cjfa-35411	12	9	180	180	NUM
cjfa-35411	12	10	observations	observation	NOUN
cjfa-35411	12	11	of	of	ADP
cjfa-35411	12	12	12	12	NUM
cjfa-35411	12	13	companies	company	NOUN
cjfa-35411	12	14	over	over	ADP
cjfa-35411	12	15	a	a	DET
cjfa-35411	12	16	period	period	NOUN
cjfa-35411	12	17	of	of	ADP
cjfa-35411	12	18	15	15	NUM
cjfa-35411	12	19	years	year	NOUN
cjfa-35411	12	20	i.e.	i.e.	X
cjfa-35411	12	21	from	from	ADP
cjfa-35411	12	22	2003	2003	NUM
cjfa-35411	12	23	-	-	SYM
cjfa-35411	12	24	04	04	NUM
cjfa-35411	12	25	to	to	ADP
cjfa-35411	12	26	2017	2017	NUM
cjfa-35411	12	27	-	-	SYM
cjfa-35411	12	28	18	18	NUM
cjfa-35411	12	29	.	.	PUNCT
cjfa-35411	13	1	descriptive	descriptive	ADJ
cjfa-35411	13	2	analysis	analysis	NOUN
cjfa-35411	13	3	,	,	PUNCT
cjfa-35411	13	4	correlation	correlation	NOUN
cjfa-35411	13	5	analysis	analysis	NOUN
cjfa-35411	13	6	,	,	PUNCT
cjfa-35411	13	7	and	and	CCONJ
cjfa-35411	13	8	static	static	ADJ
cjfa-35411	13	9	panel	panel	NOUN
cjfa-35411	13	10	data	datum	NOUN
cjfa-35411	13	11	regression	regression	NOUN
cjfa-35411	13	12	analysis	analysis	NOUN
cjfa-35411	13	13	including	include	VERB
cjfa-35411	13	14	regression	regression	NOUN
cjfa-35411	13	15	diagnostics	diagnostic	NOUN
cjfa-35411	13	16	have	have	AUX
cjfa-35411	13	17	been	be	AUX
cjfa-35411	13	18	used	use	VERB
cjfa-35411	13	19	as	as	ADP
cjfa-35411	13	20	statistical	statistical	ADJ
cjfa-35411	13	21	tools	tool	NOUN
cjfa-35411	13	22	to	to	PART
cjfa-35411	13	23	achieve	achieve	VERB
cjfa-35411	13	24	the	the	DET
cjfa-35411	13	25	purpose	purpose	NOUN
cjfa-35411	13	26	of	of	ADP
cjfa-35411	13	27	the	the	DET
cjfa-35411	13	28	study	study	NOUN
cjfa-35411	13	29	.	.	PUNCT
cjfa-35411	14	1	stata	stata	PROPN
cjfa-35411	14	2	software	software	PROPN
cjfa-35411	14	3	was	be	AUX
cjfa-35411	14	4	used	use	VERB
cjfa-35411	14	5	to	to	PART
cjfa-35411	14	6	analyze	analyze	VERB
cjfa-35411	14	7	the	the	DET
cjfa-35411	14	8	data	datum	NOUN
cjfa-35411	14	9	in	in	ADP
cjfa-35411	14	10	the	the	DET
cjfa-35411	14	11	present	present	ADJ
cjfa-35411	14	12	study	study	NOUN
cjfa-35411	14	13	.	.	PUNCT
cjfa-35411	15	1	the	the	DET
cjfa-35411	15	2	findings	finding	NOUN
cjfa-35411	15	3	indicate	indicate	VERB
cjfa-35411	15	4	that	that	SCONJ
cjfa-35411	15	5	the	the	DET
cjfa-35411	15	6	significant	significant	ADJ
cjfa-35411	15	7	determinants	determinant	NOUN
cjfa-35411	15	8	of	of	ADP
cjfa-35411	15	9	dividend	dividend	NOUN
cjfa-35411	15	10	payout	payout	NOUN
cjfa-35411	15	11	decisions	decision	NOUN
cjfa-35411	15	12	of	of	ADP
cjfa-35411	15	13	sample	sample	NOUN
cjfa-35411	15	14	companies	company	NOUN
cjfa-35411	15	15	during	during	ADP
cjfa-35411	15	16	the	the	DET
cjfa-35411	15	17	study	study	NOUN
cjfa-35411	15	18	period	period	NOUN
cjfa-35411	15	19	were	be	AUX
cjfa-35411	15	20	profitability	profitability	NOUN
cjfa-35411	15	21	,	,	PUNCT
cjfa-35411	15	22	size	size	NOUN
cjfa-35411	15	23	,	,	PUNCT
cjfa-35411	15	24	book	book	NOUN
cjfa-35411	15	25	value	value	NOUN
cjfa-35411	15	26	per	per	ADP
cjfa-35411	15	27	share	share	NOUN
cjfa-35411	15	28	,	,	PUNCT
cjfa-35411	15	29	tangibility	tangibility	NOUN
cjfa-35411	15	30	of	of	ADP
cjfa-35411	15	31	assets	asset	NOUN
cjfa-35411	15	32	,	,	PUNCT
cjfa-35411	15	33	leverage	leverage	NOUN
cjfa-35411	15	34	and	and	CCONJ
cjfa-35411	15	35	price	price	NOUN
cjfa-35411	15	36	earnings	earning	NOUN
cjfa-35411	15	37	ratio	ratio	NOUN
cjfa-35411	15	38	.	.	PUNCT
cjfa-35411	16	1	the	the	DET
cjfa-35411	16	2	findings	finding	NOUN
cjfa-35411	16	3	of	of	ADP
cjfa-35411	16	4	the	the	DET
cjfa-35411	16	5	study	study	NOUN
cjfa-35411	16	6	support	support	VERB
cjfa-35411	16	7	various	various	ADJ
cjfa-35411	16	8	theories	theory	NOUN
cjfa-35411	16	9	of	of	ADP
cjfa-35411	16	10	dividend	dividend	NOUN
cjfa-35411	16	11	policy	policy	NOUN
cjfa-35411	16	12	viz	viz	PROPN
cjfa-35411	16	13	.	.	PUNCT
cjfa-35411	17	1	signalling	signal	VERB
cjfa-35411	17	2	,	,	PUNCT
cjfa-35411	17	3	pecking	pecking	NOUN
cjfa-35411	17	4	order	order	NOUN
cjfa-35411	17	5	,	,	PUNCT
cjfa-35411	17	6	and	and	CCONJ
cjfa-35411	17	7	transaction	transaction	NOUN
cjfa-35411	17	8	cost	cost	NOUN
cjfa-35411	17	9	.	.	PUNCT
cjfa-35411	18	1	as	as	ADP
cjfa-35411	18	2	per	per	ADP
cjfa-35411	18	3	authors	author	NOUN
cjfa-35411	18	4	’	'	PUNCT
cjfa-35411	18	5	knowledge	knowledge	NOUN
cjfa-35411	18	6	,	,	PUNCT
cjfa-35411	18	7	this	this	PRON
cjfa-35411	18	8	is	be	AUX
cjfa-35411	18	9	the	the	DET
cjfa-35411	18	10	first	first	ADJ
cjfa-35411	18	11	study	study	NOUN
cjfa-35411	18	12	focusing	focus	VERB
cjfa-35411	18	13	on	on	ADP
cjfa-35411	18	14	the	the	DET
cjfa-35411	18	15	determinants	determinant	NOUN
cjfa-35411	18	16	of	of	ADP
cjfa-35411	18	17	dividend	dividend	NOUN
cjfa-35411	18	18	payout	payout	NOUN
cjfa-35411	18	19	decisions	decision	NOUN
cjfa-35411	18	20	of	of	ADP
cjfa-35411	18	21	oems	oem	NOUN
cjfa-35411	18	22	in	in	ADP
cjfa-35411	18	23	india	india	PROPN
cjfa-35411	18	24	using	use	VERB
cjfa-35411	18	25	the	the	DET
cjfa-35411	18	26	data	datum	NOUN
cjfa-35411	18	27	from	from	ADP
cjfa-35411	18	28	2003	2003	NUM
cjfa-35411	18	29	-	-	SYM
cjfa-35411	18	30	04	04	NUM
cjfa-35411	18	31	to	to	ADP
cjfa-35411	18	32	2017	2017	NUM
cjfa-35411	18	33	-	-	SYM
cjfa-35411	18	34	18	18	NUM
cjfa-35411	18	35	.	.	PUNCT
cjfa-35411	19	1	the	the	DET
cjfa-35411	19	2	empirical	empirical	ADJ
cjfa-35411	19	3	findings	finding	NOUN
cjfa-35411	19	4	of	of	ADP
cjfa-35411	19	5	the	the	DET
cjfa-35411	19	6	present	present	ADJ
cjfa-35411	19	7	study	study	NOUN
cjfa-35411	19	8	navleen	navleen	PROPN
cjfa-35411	19	9	kaur10	kaur10	PROPN
cjfa-35411	19	10	will	will	AUX
cjfa-35411	19	11	provide	provide	VERB
cjfa-35411	19	12	useful	useful	ADJ
cjfa-35411	19	13	insight	insight	NOUN
cjfa-35411	19	14	pertaining	pertain	VERB
cjfa-35411	19	15	to	to	PART
cjfa-35411	19	16	dividend	dividend	VERB
cjfa-35411	19	17	payout	payout	NOUN
cjfa-35411	19	18	decisions	decision	NOUN
cjfa-35411	19	19	to	to	ADP
cjfa-35411	19	20	various	various	ADJ
cjfa-35411	19	21	stakeholders	stakeholder	NOUN
cjfa-35411	19	22	of	of	ADP
cjfa-35411	19	23	different	different	ADJ
cjfa-35411	19	24	companies	company	NOUN
cjfa-35411	19	25	and	and	CCONJ
cjfa-35411	19	26	will	will	AUX
cjfa-35411	19	27	also	also	ADV
cjfa-35411	19	28	be	be	AUX
cjfa-35411	19	29	helpful	helpful	ADJ
cjfa-35411	19	30	to	to	ADP
cjfa-35411	19	31	the	the	DET
cjfa-35411	19	32	future	future	ADJ
cjfa-35411	19	33	researchers	researcher	NOUN
cjfa-35411	19	34	.	.	PUNCT
cjfa-35411	19	35	 	 	SPACE
cjfa-35411	20	1	introduction	introduction	NOUN
cjfa-35411	20	2	dividend	dividend	NOUN
cjfa-35411	20	3	payout	payout	NOUN
cjfa-35411	20	4	decisions	decision	NOUN
cjfa-35411	20	5	are	be	AUX
cjfa-35411	20	6	an	an	DET
cjfa-35411	20	7	integral	integral	ADJ
cjfa-35411	20	8	part	part	NOUN
cjfa-35411	20	9	of	of	ADP
cjfa-35411	20	10	financial	financial	ADJ
cjfa-35411	20	11	management	management	NOUN
cjfa-35411	20	12	.	.	PUNCT
cjfa-35411	21	1	successful	successful	ADJ
cjfa-35411	21	2	companies	company	NOUN
cjfa-35411	21	3	make	make	VERB
cjfa-35411	21	4	profits	profit	NOUN
cjfa-35411	21	5	and	and	CCONJ
cjfa-35411	21	6	these	these	DET
cjfa-35411	21	7	profits	profit	NOUN
cjfa-35411	21	8	can	can	AUX
cjfa-35411	21	9	be	be	AUX
cjfa-35411	21	10	retained	retain	VERB
cjfa-35411	21	11	in	in	ADP
cjfa-35411	21	12	the	the	DET
cjfa-35411	21	13	business	business	NOUN
cjfa-35411	21	14	for	for	ADP
cjfa-35411	21	15	investment	investment	NOUN
cjfa-35411	21	16	in	in	ADP
cjfa-35411	21	17	future	future	ADJ
cjfa-35411	21	18	growth	growth	NOUN
cjfa-35411	21	19	opportunities	opportunity	NOUN
cjfa-35411	21	20	or	or	CCONJ
cjfa-35411	21	21	distributed	distribute	VERB
cjfa-35411	21	22	as	as	ADP
cjfa-35411	21	23	dividends	dividend	NOUN
cjfa-35411	21	24	among	among	ADP
cjfa-35411	21	25	the	the	DET
cjfa-35411	21	26	shareholders	shareholder	NOUN
cjfa-35411	21	27	.	.	PUNCT
cjfa-35411	22	1	the	the	DET
cjfa-35411	22	2	decision	decision	NOUN
cjfa-35411	22	3	with	with	ADP
cjfa-35411	22	4	regard	regard	NOUN
cjfa-35411	22	5	to	to	ADP
cjfa-35411	22	6	what	what	DET
cjfa-35411	22	7	percentage	percentage	NOUN
cjfa-35411	22	8	of	of	ADP
cjfa-35411	22	9	profits	profit	NOUN
cjfa-35411	22	10	should	should	AUX
cjfa-35411	22	11	be	be	AUX
cjfa-35411	22	12	retained	retain	VERB
cjfa-35411	22	13	in	in	ADP
cjfa-35411	22	14	the	the	DET
cjfa-35411	22	15	business	business	NOUN
cjfa-35411	22	16	and	and	CCONJ
cjfa-35411	22	17	what	what	DET
cjfa-35411	22	18	percentage	percentage	NOUN
cjfa-35411	22	19	should	should	AUX
cjfa-35411	22	20	be	be	AUX
cjfa-35411	22	21	distributed	distribute	VERB
cjfa-35411	22	22	as	as	SCONJ
cjfa-35411	22	23	dividends	dividend	NOUN
cjfa-35411	22	24	is	be	AUX
cjfa-35411	22	25	known	know	VERB
cjfa-35411	22	26	as	as	ADP
cjfa-35411	22	27	dividend	dividend	NOUN
cjfa-35411	22	28	policy	policy	NOUN
cjfa-35411	22	29	of	of	ADP
cjfa-35411	22	30	a	a	DET
cjfa-35411	22	31	company	company	NOUN
cjfa-35411	22	32	.	.	PUNCT
cjfa-35411	23	1	determinants	determinant	NOUN
cjfa-35411	23	2	of	of	ADP
cjfa-35411	23	3	dividend	dividend	NOUN
cjfa-35411	23	4	payout	payout	NOUN
cjfa-35411	23	5	decisions	decision	NOUN
cjfa-35411	23	6	of	of	ADP
cjfa-35411	23	7	the	the	DET
cjfa-35411	23	8	corporate	corporate	ADJ
cjfa-35411	23	9	sector	sector	NOUN
cjfa-35411	23	10	have	have	AUX
cjfa-35411	23	11	been	be	AUX
cjfa-35411	23	12	researched	research	VERB
cjfa-35411	23	13	extensively	extensively	ADV
cjfa-35411	23	14	in	in	ADP
cjfa-35411	23	15	the	the	DET
cjfa-35411	23	16	past	past	NOUN
cjfa-35411	23	17	but	but	CCONJ
cjfa-35411	23	18	still	still	ADV
cjfa-35411	23	19	it	it	PRON
cjfa-35411	23	20	is	be	AUX
cjfa-35411	23	21	one	one	NUM
cjfa-35411	23	22	of	of	ADP
cjfa-35411	23	23	the	the	DET
cjfa-35411	23	24	controversial	controversial	ADJ
cjfa-35411	23	25	topics	topic	NOUN
cjfa-35411	23	26	in	in	ADP
cjfa-35411	23	27	the	the	DET
cjfa-35411	23	28	literature	literature	NOUN
cjfa-35411	23	29	of	of	ADP
cjfa-35411	23	30	finance	finance	NOUN
cjfa-35411	23	31	.	.	PUNCT
cjfa-35411	24	1	various	various	ADJ
cjfa-35411	24	2	theories	theory	NOUN
cjfa-35411	24	3	like	like	ADP
cjfa-35411	24	4	signalling	signal	VERB
cjfa-35411	24	5	,	,	PUNCT
cjfa-35411	24	6	pecking	pecking	NOUN
cjfa-35411	24	7	order	order	NOUN
cjfa-35411	24	8	,	,	PUNCT
cjfa-35411	24	9	and	and	CCONJ
cjfa-35411	24	10	transaction	transaction	NOUN
cjfa-35411	24	11	cost	cost	NOUN
cjfa-35411	24	12	etc	etc	X
cjfa-35411	24	13	.	.	X
cjfa-35411	24	14	guide	guide	VERB
cjfa-35411	24	15	the	the	DET
cjfa-35411	24	16	dividend	dividend	NOUN
cjfa-35411	24	17	decision	decision	NOUN
cjfa-35411	24	18	of	of	ADP
cjfa-35411	24	19	the	the	DET
cjfa-35411	24	20	corporate	corporate	ADJ
cjfa-35411	24	21	sector	sector	NOUN
cjfa-35411	24	22	.	.	PUNCT
cjfa-35411	25	1	indian	indian	ADJ
cjfa-35411	25	2	automobile	automobile	NOUN
cjfa-35411	25	3	industry	industry	NOUN
cjfa-35411	25	4	plays	play	VERB
cjfa-35411	25	5	a	a	DET
cjfa-35411	25	6	vital	vital	ADJ
cjfa-35411	25	7	role	role	NOUN
cjfa-35411	25	8	in	in	ADP
cjfa-35411	25	9	the	the	DET
cjfa-35411	25	10	overall	overall	ADJ
cjfa-35411	25	11	growth	growth	NOUN
cjfa-35411	25	12	and	and	CCONJ
cjfa-35411	25	13	development	development	NOUN
cjfa-35411	25	14	of	of	ADP
cjfa-35411	25	15	the	the	DET
cjfa-35411	25	16	country	country	NOUN
cjfa-35411	25	17	because	because	SCONJ
cjfa-35411	25	18	growth	growth	NOUN
cjfa-35411	25	19	of	of	ADP
cjfa-35411	25	20	many	many	ADJ
cjfa-35411	25	21	other	other	ADJ
cjfa-35411	25	22	industries	industry	NOUN
cjfa-35411	25	23	viz	viz	PROPN
cjfa-35411	25	24	.	.	PUNCT
cjfa-35411	26	1	iron	iron	PROPN
cjfa-35411	26	2	&	&	CCONJ
cjfa-35411	26	3	steel	steel	PROPN
cjfa-35411	26	4	,	,	PUNCT
cjfa-35411	26	5	lead	lead	NOUN
cjfa-35411	26	6	,	,	PUNCT
cjfa-35411	26	7	chemicals	chemical	NOUN
cjfa-35411	26	8	,	,	PUNCT
cjfa-35411	26	9	capital	capital	NOUN
cjfa-35411	26	10	goods	good	NOUN
cjfa-35411	26	11	,	,	PUNCT
cjfa-35411	26	12	and	and	CCONJ
cjfa-35411	26	13	service	service	NOUN
cjfa-35411	26	14	sector	sector	NOUN
cjfa-35411	26	15	etc	etc	X
cjfa-35411	26	16	.	.	X
cjfa-35411	26	17	is	be	AUX
cjfa-35411	26	18	linked	link	VERB
cjfa-35411	26	19	with	with	ADP
cjfa-35411	26	20	the	the	DET
cjfa-35411	26	21	growth	growth	NOUN
cjfa-35411	26	22	of	of	ADP
cjfa-35411	26	23	automobile	automobile	NOUN
cjfa-35411	26	24	industry	industry	NOUN
cjfa-35411	26	25	.	.	PUNCT
cjfa-35411	27	1	after	after	ADP
cjfa-35411	27	2	the	the	DET
cjfa-35411	27	3	liberalization	liberalization	NOUN
cjfa-35411	27	4	of	of	ADP
cjfa-35411	27	5	the	the	DET
cjfa-35411	27	6	indian	indian	ADJ
cjfa-35411	27	7	economy	economy	NOUN
cjfa-35411	27	8	in	in	ADP
cjfa-35411	27	9	1991	1991	NUM
cjfa-35411	27	10	,	,	PUNCT
cjfa-35411	27	11	the	the	DET
cjfa-35411	27	12	number	number	NOUN
cjfa-35411	27	13	of	of	ADP
cjfa-35411	27	14	automobile	automobile	NOUN
cjfa-35411	27	15	manufacturing	manufacturing	NOUN
cjfa-35411	27	16	facilities	facility	NOUN
cjfa-35411	27	17	increased	increase	VERB
cjfa-35411	27	18	rapidly	rapidly	ADV
cjfa-35411	27	19	in	in	ADP
cjfa-35411	27	20	the	the	DET
cjfa-35411	27	21	country	country	NOUN
cjfa-35411	27	22	.	.	PUNCT
cjfa-35411	28	1	as	as	ADP
cjfa-35411	28	2	per	per	ADP
cjfa-35411	28	3	the	the	DET
cjfa-35411	28	4	annual	annual	ADJ
cjfa-35411	28	5	report	report	NOUN
cjfa-35411	28	6	(	(	PUNCT
cjfa-35411	28	7	2018	2018	NUM
cjfa-35411	28	8	-	-	SYM
cjfa-35411	28	9	19	19	NUM
cjfa-35411	28	10	)	)	PUNCT
cjfa-35411	28	11	of	of	ADP
cjfa-35411	28	12	department	department	NOUN
cjfa-35411	28	13	of	of	ADP
cjfa-35411	28	14	heavy	heavy	ADJ
cjfa-35411	28	15	industries	industry	NOUN
cjfa-35411	28	16	,	,	PUNCT
cjfa-35411	28	17	government	government	NOUN
cjfa-35411	28	18	of	of	ADP
cjfa-35411	28	19	india	india	PROPN
cjfa-35411	28	20	,	,	PUNCT
cjfa-35411	28	21	turnover	turnover	NOUN
cjfa-35411	28	22	of	of	ADP
cjfa-35411	28	23	indian	indian	ADJ
cjfa-35411	28	24	automobile	automobile	NOUN
cjfa-35411	28	25	industry	industry	NOUN
cjfa-35411	28	26	is	be	AUX
cjfa-35411	28	27	equivalent	equivalent	ADJ
cjfa-35411	28	28	to	to	ADP
cjfa-35411	28	29	7.1	7.1	NUM
cjfa-35411	28	30	per	per	ADP
cjfa-35411	28	31	cent	cent	NOUN
cjfa-35411	28	32	of	of	ADP
cjfa-35411	28	33	overall	overall	ADJ
cjfa-35411	28	34	gdp	gdp	NOUN
cjfa-35411	28	35	.	.	PUNCT
cjfa-35411	29	1	after	after	ADP
cjfa-35411	29	2	reviewing	review	VERB
cjfa-35411	29	3	the	the	DET
cjfa-35411	29	4	literature	literature	NOUN
cjfa-35411	29	5	,	,	PUNCT
cjfa-35411	29	6	it	it	PRON
cjfa-35411	29	7	was	be	AUX
cjfa-35411	29	8	noticed	notice	VERB
cjfa-35411	29	9	that	that	SCONJ
cjfa-35411	29	10	meager	meager	ADJ
cjfa-35411	29	11	research	research	NOUN
cjfa-35411	29	12	has	have	AUX
cjfa-35411	29	13	been	be	AUX
cjfa-35411	29	14	conducted	conduct	VERB
cjfa-35411	29	15	on	on	ADP
cjfa-35411	29	16	the	the	DET
cjfa-35411	29	17	factors	factor	NOUN
cjfa-35411	29	18	affecting	affect	VERB
cjfa-35411	29	19	dividend	dividend	NOUN
cjfa-35411	29	20	payout	payout	NOUN
cjfa-35411	29	21	decisions	decision	NOUN
cjfa-35411	29	22	of	of	ADP
cjfa-35411	29	23	original	original	ADJ
cjfa-35411	29	24	equipment	equipment	NOUN
cjfa-35411	29	25	manufacturers	manufacturer	NOUN
cjfa-35411	29	26	(	(	PUNCT
cjfa-35411	29	27	oems	oem	NOUN
cjfa-35411	29	28	)	)	PUNCT
cjfa-35411	29	29	from	from	ADP
cjfa-35411	29	30	indian	indian	ADJ
cjfa-35411	29	31	automobile	automobile	NOUN
cjfa-35411	29	32	industry	industry	NOUN
cjfa-35411	29	33	.	.	PUNCT
cjfa-35411	30	1	so	so	ADV
cjfa-35411	30	2	,	,	PUNCT
cjfa-35411	30	3	the	the	DET
cjfa-35411	30	4	present	present	ADJ
cjfa-35411	30	5	study	study	NOUN
cjfa-35411	30	6	bridges	bridge	VERB
cjfa-35411	30	7	the	the	DET
cjfa-35411	30	8	research	research	NOUN
cjfa-35411	30	9	gap	gap	NOUN
cjfa-35411	30	10	by	by	ADP
cjfa-35411	30	11	studying	study	VERB
cjfa-35411	30	12	the	the	DET
cjfa-35411	30	13	same	same	ADJ
cjfa-35411	30	14	.	.	PUNCT
cjfa-35411	31	1	literature	literature	NOUN
cjfa-35411	31	2	review	review	PROPN
cjfa-35411	31	3	and	and	CCONJ
cjfa-35411	31	4	hypotheses	hypothese	VERB
cjfa-35411	31	5	formulation	formulation	VERB
cjfa-35411	31	6	the	the	DET
cjfa-35411	31	7	review	review	NOUN
cjfa-35411	31	8	of	of	ADP
cjfa-35411	31	9	the	the	DET
cjfa-35411	31	10	previous	previous	ADJ
cjfa-35411	31	11	studies	study	NOUN
cjfa-35411	31	12	used	use	VERB
cjfa-35411	31	13	for	for	ADP
cjfa-35411	31	14	the	the	DET
cjfa-35411	31	15	formulation	formulation	NOUN
cjfa-35411	31	16	of	of	ADP
cjfa-35411	31	17	hypotheses	hypothesis	NOUN
cjfa-35411	31	18	for	for	ADP
cjfa-35411	31	19	this	this	DET
cjfa-35411	31	20	study	study	NOUN
cjfa-35411	31	21	is	be	AUX
cjfa-35411	31	22	presented	present	VERB
cjfa-35411	31	23	below	below	ADP
cjfa-35411	31	24	.	.	PUNCT
cjfa-35411	32	1	profitability	profitability	NOUN
cjfa-35411	32	2	and	and	CCONJ
cjfa-35411	32	3	dividend	dividend	NOUN
cjfa-35411	32	4	payout	payout	NOUN
cjfa-35411	32	5	signalling	signal	VERB
cjfa-35411	32	6	theory	theory	NOUN
cjfa-35411	32	7	of	of	ADP
cjfa-35411	32	8	dividend	dividend	NOUN
cjfa-35411	32	9	policy	policy	NOUN
cjfa-35411	32	10	advocates	advocate	VERB
cjfa-35411	32	11	that	that	SCONJ
cjfa-35411	32	12	companies	company	NOUN
cjfa-35411	32	13	with	with	ADP
cjfa-35411	32	14	higher	high	ADJ
cjfa-35411	32	15	profits	profit	NOUN
cjfa-35411	32	16	pay	pay	VERB
cjfa-35411	32	17	higher	high	ADJ
cjfa-35411	32	18	dividends	dividend	NOUN
cjfa-35411	32	19	to	to	ADP
cjfa-35411	32	20	their	their	PRON
cjfa-35411	32	21	shareholders	shareholder	NOUN
cjfa-35411	32	22	.	.	PUNCT
cjfa-35411	33	1	many	many	ADJ
cjfa-35411	33	2	previous	previous	ADJ
cjfa-35411	33	3	research	research	NOUN
cjfa-35411	33	4	determinants	determinant	NOUN
cjfa-35411	33	5	of	of	ADP
cjfa-35411	33	6	dividend	dividend	NOUN
cjfa-35411	33	7	payout	payout	NOUN
cjfa-35411	33	8	decisions	decision	NOUN
cjfa-35411	33	9	…	…	PUNCT
cjfa-35411	33	10	11	11	NUM
cjfa-35411	33	11	studies	study	NOUN
cjfa-35411	33	12	found	find	VERB
cjfa-35411	33	13	a	a	DET
cjfa-35411	33	14	positive	positive	ADJ
cjfa-35411	33	15	and	and	CCONJ
cjfa-35411	33	16	significant	significant	ADJ
cjfa-35411	33	17	relationship	relationship	NOUN
cjfa-35411	33	18	between	between	ADP
cjfa-35411	33	19	profitability	profitability	NOUN
cjfa-35411	33	20	and	and	CCONJ
cjfa-35411	33	21	dividend	dividend	NOUN
cjfa-35411	33	22	payout	payout	NOUN
cjfa-35411	33	23	ratio	ratio	NOUN
cjfa-35411	33	24	of	of	ADP
cjfa-35411	33	25	a	a	DET
cjfa-35411	33	26	company	company	NOUN
cjfa-35411	33	27	(	(	PUNCT
cjfa-35411	33	28	rehman	rehman	PROPN
cjfa-35411	33	29	&	&	CCONJ
cjfa-35411	33	30	takumi	takumi	PROPN
cjfa-35411	33	31	,	,	PUNCT
cjfa-35411	33	32	2012	2012	NUM
cjfa-35411	33	33	;	;	PUNCT
cjfa-35411	33	34	kumar	kumar	PROPN
cjfa-35411	33	35	&	&	CCONJ
cjfa-35411	33	36	sujit	sujit	PROPN
cjfa-35411	33	37	,	,	PUNCT
cjfa-35411	33	38	2017	2017	NUM
cjfa-35411	33	39	;	;	PUNCT
cjfa-35411	33	40	thirumagal	thirumagal	PROPN
cjfa-35411	33	41	&	&	CCONJ
cjfa-35411	33	42	vasantha	vasantha	NOUN
cjfa-35411	33	43	,	,	PUNCT
cjfa-35411	33	44	2017	2017	NUM
cjfa-35411	33	45	;	;	PUNCT
cjfa-35411	33	46	bostanci	bostanci	PROPN
cjfa-35411	33	47	,	,	PUNCT
cjfa-35411	33	48	kadioglu	kadioglu	PROPN
cjfa-35411	33	49	&	&	CCONJ
cjfa-35411	33	50	sayilgan	sayilgan	PROPN
cjfa-35411	33	51	,	,	PUNCT
cjfa-35411	33	52	2018	2018	NUM
cjfa-35411	33	53	;	;	PUNCT
cjfa-35411	33	54	chakraborty	chakraborty	PROPN
cjfa-35411	33	55	,	,	PUNCT
cjfa-35411	33	56	shenoy	shenoy	PROPN
cjfa-35411	33	57	&	&	CCONJ
cjfa-35411	33	58	kumar	kumar	PROPN
cjfa-35411	33	59	,	,	PUNCT
cjfa-35411	33	60	2018	2018	NUM
cjfa-35411	33	61	;	;	PUNCT
cjfa-35411	33	62	franc	franc	NOUN
cjfa-35411	33	63	-	-	PUNCT
cjfa-35411	33	64	dąbrowska	dąbrowska	NOUN
cjfa-35411	33	65	,	,	PUNCT
cjfa-35411	33	66	madra	madra	PROPN
cjfa-35411	33	67	-	-	PUNCT
cjfa-35411	33	68	sawicka	sawicka	PROPN
cjfa-35411	33	69	&	&	CCONJ
cjfa-35411	33	70	ulrichs	ulrichs	PROPN
cjfa-35411	33	71	,	,	PUNCT
cjfa-35411	33	72	2019	2019	NUM
cjfa-35411	33	73	;	;	PUNCT
cjfa-35411	33	74	pinto	pinto	NOUN
cjfa-35411	33	75	&	&	CCONJ
cjfa-35411	33	76	rastogi	rastogi	NOUN
cjfa-35411	33	77	,	,	PUNCT
cjfa-35411	33	78	2019	2019	NUM
cjfa-35411	33	79	)	)	PUNCT
cjfa-35411	33	80	.	.	PUNCT
cjfa-35411	34	1	another	another	DET
cjfa-35411	34	2	theory	theory	NOUN
cjfa-35411	34	3	with	with	ADP
cjfa-35411	34	4	regard	regard	NOUN
cjfa-35411	34	5	to	to	ADP
cjfa-35411	34	6	the	the	DET
cjfa-35411	34	7	relationship	relationship	NOUN
cjfa-35411	34	8	between	between	ADP
cjfa-35411	34	9	profitability	profitability	NOUN
cjfa-35411	34	10	and	and	CCONJ
cjfa-35411	34	11	dividend	dividend	NOUN
cjfa-35411	34	12	payout	payout	NOUN
cjfa-35411	34	13	mentions	mention	VERB
cjfa-35411	34	14	that	that	SCONJ
cjfa-35411	34	15	the	the	DET
cjfa-35411	34	16	companies	company	NOUN
cjfa-35411	34	17	with	with	ADP
cjfa-35411	34	18	high	high	ADJ
cjfa-35411	34	19	profits	profit	NOUN
cjfa-35411	34	20	pay	pay	VERB
cjfa-35411	34	21	less	less	ADJ
cjfa-35411	34	22	dividends	dividend	NOUN
cjfa-35411	34	23	because	because	SCONJ
cjfa-35411	34	24	these	these	DET
cjfa-35411	34	25	companies	company	NOUN
cjfa-35411	34	26	retain	retain	VERB
cjfa-35411	34	27	their	their	PRON
cjfa-35411	34	28	profits	profit	NOUN
cjfa-35411	34	29	for	for	ADP
cjfa-35411	34	30	investment	investment	NOUN
cjfa-35411	34	31	in	in	ADP
cjfa-35411	34	32	future	future	ADJ
cjfa-35411	34	33	growth	growth	NOUN
cjfa-35411	34	34	opportunities	opportunity	NOUN
cjfa-35411	34	35	.	.	PUNCT
cjfa-35411	35	1	kaźmierska	kaźmierska	PROPN
cjfa-35411	35	2	-	-	PUNCT
cjfa-35411	35	3	jóźwiak	jóźwiak	PROPN
cjfa-35411	35	4	(	(	PUNCT
cjfa-35411	35	5	2015	2015	NUM
cjfa-35411	35	6	)	)	PUNCT
cjfa-35411	35	7	found	find	VERB
cjfa-35411	35	8	empirical	empirical	ADJ
cjfa-35411	35	9	evidences	evidence	NOUN
cjfa-35411	35	10	in	in	ADP
cjfa-35411	35	11	support	support	NOUN
cjfa-35411	35	12	of	of	ADP
cjfa-35411	35	13	a	a	DET
cjfa-35411	35	14	negative	negative	ADJ
cjfa-35411	35	15	and	and	CCONJ
cjfa-35411	35	16	significant	significant	ADJ
cjfa-35411	35	17	relationship	relationship	NOUN
cjfa-35411	35	18	between	between	ADP
cjfa-35411	35	19	these	these	DET
cjfa-35411	35	20	variables	variable	NOUN
cjfa-35411	35	21	.	.	PUNCT
cjfa-35411	36	1	after	after	ADP
cjfa-35411	36	2	reviewing	review	VERB
cjfa-35411	36	3	the	the	DET
cjfa-35411	36	4	literature	literature	NOUN
cjfa-35411	36	5	,	,	PUNCT
cjfa-35411	36	6	it	it	PRON
cjfa-35411	36	7	was	be	AUX
cjfa-35411	36	8	found	find	VERB
cjfa-35411	36	9	that	that	SCONJ
cjfa-35411	36	10	different	different	ADJ
cjfa-35411	36	11	proxies	proxy	NOUN
cjfa-35411	36	12	have	have	AUX
cjfa-35411	36	13	been	be	AUX
cjfa-35411	36	14	used	use	VERB
cjfa-35411	36	15	to	to	PART
cjfa-35411	36	16	represent	represent	VERB
cjfa-35411	36	17	the	the	DET
cjfa-35411	36	18	profitability	profitability	NOUN
cjfa-35411	36	19	position	position	NOUN
cjfa-35411	36	20	of	of	ADP
cjfa-35411	36	21	a	a	DET
cjfa-35411	36	22	company	company	NOUN
cjfa-35411	36	23	while	while	SCONJ
cjfa-35411	36	24	studying	study	VERB
cjfa-35411	36	25	its	its	PRON
cjfa-35411	36	26	relationship	relationship	NOUN
cjfa-35411	36	27	with	with	ADP
cjfa-35411	36	28	the	the	DET
cjfa-35411	36	29	dividend	dividend	NOUN
cjfa-35411	36	30	payout	payout	NOUN
cjfa-35411	36	31	ratio	ratio	NOUN
cjfa-35411	36	32	of	of	ADP
cjfa-35411	36	33	different	different	ADJ
cjfa-35411	36	34	companies	company	NOUN
cjfa-35411	36	35	viz	viz	VERB
cjfa-35411	36	36	.	.	PUNCT
cjfa-35411	37	1	return	return	NOUN
cjfa-35411	37	2	on	on	ADP
cjfa-35411	37	3	assets	asset	NOUN
cjfa-35411	37	4	,	,	PUNCT
cjfa-35411	37	5	return	return	VERB
cjfa-35411	37	6	on	on	ADP
cjfa-35411	37	7	equity	equity	NOUN
cjfa-35411	37	8	,	,	PUNCT
cjfa-35411	37	9	return	return	VERB
cjfa-35411	37	10	on	on	ADP
cjfa-35411	37	11	capital	capital	NOUN
cjfa-35411	37	12	employed	employ	VERB
cjfa-35411	37	13	,	,	PUNCT
cjfa-35411	37	14	and	and	CCONJ
cjfa-35411	37	15	earnings	earning	NOUN
cjfa-35411	37	16	per	per	ADP
cjfa-35411	37	17	share	share	NOUN
cjfa-35411	37	18	etc	etc	X
cjfa-35411	37	19	.	.	PUNCT
cjfa-35411	38	1	the	the	DET
cjfa-35411	38	2	present	present	ADJ
cjfa-35411	38	3	study	study	NOUN
cjfa-35411	38	4	uses	use	VERB
cjfa-35411	38	5	return	return	NOUN
cjfa-35411	38	6	on	on	ADP
cjfa-35411	38	7	capital	capital	NOUN
cjfa-35411	38	8	employed	employ	VERB
cjfa-35411	38	9	as	as	ADP
cjfa-35411	38	10	a	a	DET
cjfa-35411	38	11	proxy	proxy	NOUN
cjfa-35411	38	12	of	of	ADP
cjfa-35411	38	13	profitability	profitability	NOUN
cjfa-35411	38	14	of	of	ADP
cjfa-35411	38	15	selected	select	VERB
cjfa-35411	38	16	companies	company	NOUN
cjfa-35411	38	17	because	because	SCONJ
cjfa-35411	38	18	this	this	DET
cjfa-35411	38	19	ratio	ratio	NOUN
cjfa-35411	38	20	measures	measure	VERB
cjfa-35411	38	21	the	the	DET
cjfa-35411	38	22	overall	overall	ADJ
cjfa-35411	38	23	profitability	profitability	NOUN
cjfa-35411	38	24	of	of	ADP
cjfa-35411	38	25	a	a	DET
cjfa-35411	38	26	company	company	NOUN
cjfa-35411	38	27	(	(	PUNCT
cjfa-35411	38	28	tulsian	tulsian	NOUN
cjfa-35411	38	29	,	,	PUNCT
cjfa-35411	38	30	2009	2009	NUM
cjfa-35411	38	31	)	)	PUNCT
cjfa-35411	38	32	.	.	PUNCT
cjfa-35411	39	1	h1	h1	PROPN
cjfa-35411	39	2	:	:	PUNCT
cjfa-35411	39	3	there	there	PRON
cjfa-35411	39	4	is	be	VERB
cjfa-35411	39	5	a	a	DET
cjfa-35411	39	6	positive	positive	ADJ
cjfa-35411	39	7	relationship	relationship	NOUN
cjfa-35411	39	8	between	between	ADP
cjfa-35411	39	9	profitability	profitability	NOUN
cjfa-35411	39	10	(	(	PUNCT
cjfa-35411	39	11	roce	roce	NOUN
cjfa-35411	39	12	)	)	PUNCT
cjfa-35411	39	13	and	and	CCONJ
cjfa-35411	39	14	dividend	dividend	VERB
cjfa-35411	39	15	payout	payout	NOUN
cjfa-35411	39	16	ratio	ratio	NOUN
cjfa-35411	39	17	of	of	ADP
cjfa-35411	39	18	indian	indian	ADJ
cjfa-35411	39	19	automobile	automobile	NOUN
cjfa-35411	39	20	companies	company	NOUN
cjfa-35411	39	21	.	.	PUNCT
cjfa-35411	40	1	liquidity	liquidity	NOUN
cjfa-35411	40	2	and	and	CCONJ
cjfa-35411	40	3	dividend	dividend	NOUN
cjfa-35411	40	4	payout	payout	NOUN
cjfa-35411	40	5	previous	previous	ADJ
cjfa-35411	40	6	research	research	NOUN
cjfa-35411	40	7	studies	study	NOUN
cjfa-35411	40	8	found	find	VERB
cjfa-35411	40	9	different	different	ADJ
cjfa-35411	40	10	results	result	NOUN
cjfa-35411	40	11	while	while	SCONJ
cjfa-35411	40	12	testing	test	VERB
cjfa-35411	40	13	the	the	DET
cjfa-35411	40	14	relationship	relationship	NOUN
cjfa-35411	40	15	between	between	ADP
cjfa-35411	40	16	liquidity	liquidity	NOUN
cjfa-35411	40	17	position	position	NOUN
cjfa-35411	40	18	and	and	CCONJ
cjfa-35411	40	19	dividend	dividend	NOUN
cjfa-35411	40	20	payout	payout	NOUN
cjfa-35411	40	21	ratio	ratio	NOUN
cjfa-35411	40	22	of	of	ADP
cjfa-35411	40	23	the	the	DET
cjfa-35411	40	24	corporate	corporate	ADJ
cjfa-35411	40	25	sector	sector	NOUN
cjfa-35411	40	26	.	.	PUNCT
cjfa-35411	41	1	the	the	DET
cjfa-35411	41	2	studies	study	NOUN
cjfa-35411	41	3	which	which	PRON
cjfa-35411	41	4	found	find	VERB
cjfa-35411	41	5	a	a	DET
cjfa-35411	41	6	negative	negative	ADJ
cjfa-35411	41	7	and	and	CCONJ
cjfa-35411	41	8	insignificant	insignificant	ADJ
cjfa-35411	41	9	relationship	relationship	NOUN
cjfa-35411	41	10	between	between	ADP
cjfa-35411	41	11	these	these	DET
cjfa-35411	41	12	two	two	NUM
cjfa-35411	41	13	variables	variable	NOUN
cjfa-35411	41	14	include	include	VERB
cjfa-35411	41	15	kaźmierska	kaźmierska	PROPN
cjfa-35411	41	16	-	-	PUNCT
cjfa-35411	41	17	jóźwiak	jóźwiak	PROPN
cjfa-35411	41	18	(	(	PUNCT
cjfa-35411	41	19	2015	2015	NUM
cjfa-35411	41	20	)	)	PUNCT
cjfa-35411	41	21	and	and	CCONJ
cjfa-35411	41	22	franc	franc	NOUN
cjfa-35411	41	23	-	-	PUNCT
cjfa-35411	41	24	dąbrowska	dąbrowska	NOUN
cjfa-35411	41	25	et	et	NOUN
cjfa-35411	41	26	al	al	PROPN
cjfa-35411	41	27	.	.	PROPN
cjfa-35411	42	1	(	(	PUNCT
cjfa-35411	42	2	2019	2019	NUM
cjfa-35411	42	3	)	)	PUNCT
cjfa-35411	42	4	.	.	PUNCT
cjfa-35411	43	1	kumar	kumar	PROPN
cjfa-35411	43	2	and	and	CCONJ
cjfa-35411	43	3	sujit	sujit	PROPN
cjfa-35411	43	4	(	(	PUNCT
cjfa-35411	43	5	2017	2017	NUM
cjfa-35411	43	6	)	)	PUNCT
cjfa-35411	43	7	,	,	PUNCT
cjfa-35411	43	8	bostanci	bostanci	PROPN
cjfa-35411	43	9	et	et	PROPN
cjfa-35411	43	10	al	al	PROPN
cjfa-35411	43	11	.	.	PROPN
cjfa-35411	44	1	(	(	PUNCT
cjfa-35411	44	2	2018	2018	NUM
cjfa-35411	44	3	)	)	PUNCT
cjfa-35411	44	4	and	and	CCONJ
cjfa-35411	44	5	sumathy	sumathy	ADJ
cjfa-35411	44	6	and	and	CCONJ
cjfa-35411	44	7	rajasekaran	rajasekaran	NOUN
cjfa-35411	44	8	(	(	PUNCT
cjfa-35411	44	9	2019	2019	NUM
cjfa-35411	44	10	)	)	PUNCT
cjfa-35411	44	11	found	find	VERB
cjfa-35411	44	12	positive	positive	ADJ
cjfa-35411	44	13	significant	significant	ADJ
cjfa-35411	44	14	relationship	relationship	NOUN
cjfa-35411	44	15	while	while	SCONJ
cjfa-35411	44	16	rehman	rehman	PROPN
cjfa-35411	44	17	and	and	CCONJ
cjfa-35411	44	18	takumi	takumi	PROPN
cjfa-35411	44	19	(	(	PUNCT
cjfa-35411	44	20	2012	2012	NUM
cjfa-35411	44	21	)	)	PUNCT
cjfa-35411	44	22	discovered	discover	VERB
cjfa-35411	44	23	positive	positive	ADJ
cjfa-35411	44	24	insignificant	insignificant	ADJ
cjfa-35411	44	25	relationship	relationship	NOUN
cjfa-35411	44	26	between	between	ADP
cjfa-35411	44	27	liquidity	liquidity	NOUN
cjfa-35411	44	28	position	position	NOUN
cjfa-35411	44	29	of	of	ADP
cjfa-35411	44	30	a	a	DET
cjfa-35411	44	31	company	company	NOUN
cjfa-35411	44	32	and	and	CCONJ
cjfa-35411	44	33	its	its	PRON
cjfa-35411	44	34	dividend	dividend	NOUN
cjfa-35411	44	35	payout	payout	NOUN
cjfa-35411	44	36	ratio	ratio	NOUN
cjfa-35411	44	37	.	.	PUNCT
cjfa-35411	45	1	generally	generally	ADV
cjfa-35411	45	2	,	,	PUNCT
cjfa-35411	45	3	either	either	CCONJ
cjfa-35411	45	4	current	current	ADJ
cjfa-35411	45	5	ratio	ratio	NOUN
cjfa-35411	45	6	or	or	CCONJ
cjfa-35411	45	7	quick	quick	ADJ
cjfa-35411	45	8	ratio	ratio	NOUN
cjfa-35411	45	9	is	be	AUX
cjfa-35411	45	10	used	use	VERB
cjfa-35411	45	11	as	as	ADP
cjfa-35411	45	12	a	a	DET
cjfa-35411	45	13	proxy	proxy	NOUN
cjfa-35411	45	14	to	to	PART
cjfa-35411	45	15	represent	represent	VERB
cjfa-35411	45	16	liquidity	liquidity	NOUN
cjfa-35411	45	17	position	position	NOUN
cjfa-35411	45	18	of	of	ADP
cjfa-35411	45	19	a	a	DET
cjfa-35411	45	20	company	company	NOUN
cjfa-35411	45	21	.	.	PUNCT
cjfa-35411	46	1	the	the	DET
cjfa-35411	46	2	present	present	ADJ
cjfa-35411	46	3	study	study	NOUN
cjfa-35411	46	4	uses	use	VERB
cjfa-35411	46	5	quick	quick	ADJ
cjfa-35411	46	6	ratio	ratio	NOUN
cjfa-35411	46	7	as	as	ADP
cjfa-35411	46	8	the	the	DET
cjfa-35411	46	9	proxy	proxy	NOUN
cjfa-35411	46	10	for	for	ADP
cjfa-35411	46	11	liquidity	liquidity	NOUN
cjfa-35411	46	12	because	because	SCONJ
cjfa-35411	46	13	it	it	PRON
cjfa-35411	46	14	is	be	AUX
cjfa-35411	46	15	a	a	DET
cjfa-35411	46	16	better	well	ADJ
cjfa-35411	46	17	measure	measure	NOUN
cjfa-35411	46	18	of	of	ADP
cjfa-35411	46	19	liquidity	liquidity	NOUN
cjfa-35411	46	20	as	as	SCONJ
cjfa-35411	46	21	compared	compare	VERB
cjfa-35411	46	22	to	to	ADP
cjfa-35411	46	23	current	current	ADJ
cjfa-35411	46	24	ratio	ratio	NOUN
cjfa-35411	46	25	because	because	SCONJ
cjfa-35411	46	26	the	the	DET
cjfa-35411	46	27	former	former	ADJ
cjfa-35411	46	28	takes	take	VERB
cjfa-35411	46	29	into	into	ADP
cjfa-35411	46	30	consideration	consideration	NOUN
cjfa-35411	46	31	only	only	ADV
cjfa-35411	46	32	liquid	liquid	ADJ
cjfa-35411	46	33	assets	asset	NOUN
cjfa-35411	46	34	of	of	ADP
cjfa-35411	46	35	a	a	DET
cjfa-35411	46	36	company	company	NOUN
cjfa-35411	46	37	and	and	CCONJ
cjfa-35411	46	38	ignores	ignore	VERB
cjfa-35411	46	39	inventory	inventory	NOUN
cjfa-35411	46	40	,	,	PUNCT
cjfa-35411	46	41	prepaid	prepaid	ADJ
cjfa-35411	46	42	expenses	expense	NOUN
cjfa-35411	46	43	,	,	PUNCT
cjfa-35411	46	44	etc	etc	X
cjfa-35411	46	45	.	.	X
cjfa-35411	47	1	the	the	DET
cjfa-35411	47	2	study	study	NOUN
cjfa-35411	47	3	also	also	ADV
cjfa-35411	47	4	assumes	assume	VERB
cjfa-35411	47	5	a	a	DET
cjfa-35411	47	6	negative	negative	ADJ
cjfa-35411	47	7	relationship	relationship	NOUN
cjfa-35411	47	8	between	between	ADP
cjfa-35411	47	9	liquidity	liquidity	NOUN
cjfa-35411	47	10	and	and	CCONJ
cjfa-35411	47	11	dividend	dividend	NOUN
cjfa-35411	47	12	payout	payout	NOUN
cjfa-35411	47	13	ratio	ratio	NOUN
cjfa-35411	47	14	because	because	SCONJ
cjfa-35411	47	15	high	high	ADJ
cjfa-35411	47	16	liquidity	liquidity	NOUN
cjfa-35411	47	17	suggests	suggest	VERB
cjfa-35411	47	18	lower	low	ADJ
cjfa-35411	47	19	divinavleen	divinavleen	PROPN
cjfa-35411	47	20	kaur12	kaur12	NOUN
cjfa-35411	47	21	dend	dend	VERB
cjfa-35411	47	22	payments	payment	NOUN
cjfa-35411	47	23	to	to	ADP
cjfa-35411	47	24	the	the	DET
cjfa-35411	47	25	shareholders	shareholder	NOUN
cjfa-35411	47	26	resulting	result	VERB
cjfa-35411	47	27	in	in	ADP
cjfa-35411	47	28	high	high	ADJ
cjfa-35411	47	29	availability	availability	NOUN
cjfa-35411	47	30	of	of	ADP
cjfa-35411	47	31	cash	cash	NOUN
cjfa-35411	47	32	or	or	CCONJ
cjfa-35411	47	33	other	other	ADJ
cjfa-35411	47	34	liquid	liquid	ADJ
cjfa-35411	47	35	assets	asset	NOUN
cjfa-35411	47	36	in	in	ADP
cjfa-35411	47	37	a	a	DET
cjfa-35411	47	38	company	company	NOUN
cjfa-35411	47	39	.	.	PUNCT
cjfa-35411	48	1	h2	h2	NOUN
cjfa-35411	48	2	:	:	PUNCT
cjfa-35411	48	3	there	there	PRON
cjfa-35411	48	4	is	be	VERB
cjfa-35411	48	5	a	a	DET
cjfa-35411	48	6	negative	negative	ADJ
cjfa-35411	48	7	relationship	relationship	NOUN
cjfa-35411	48	8	between	between	ADP
cjfa-35411	48	9	liquidity	liquidity	NOUN
cjfa-35411	48	10	(	(	PUNCT
cjfa-35411	48	11	qr	qr	NOUN
cjfa-35411	48	12	)	)	PUNCT
cjfa-35411	48	13	and	and	CCONJ
cjfa-35411	48	14	dividend	dividend	NOUN
cjfa-35411	48	15	payout	payout	ADJ
cjfa-35411	48	16	ratioof	ratioof	NOUN
cjfa-35411	48	17	indian	indian	ADJ
cjfa-35411	48	18	automobile	automobile	NOUN
cjfa-35411	48	19	companies	company	NOUN
cjfa-35411	48	20	.	.	PUNCT
cjfa-35411	49	1	size	size	NOUN
cjfa-35411	49	2	and	and	CCONJ
cjfa-35411	49	3	dividend	dividend	NOUN
cjfa-35411	49	4	payout	payout	NOUN
cjfa-35411	49	5	with	with	ADP
cjfa-35411	49	6	regard	regard	NOUN
cjfa-35411	49	7	to	to	ADP
cjfa-35411	49	8	the	the	DET
cjfa-35411	49	9	relationship	relationship	NOUN
cjfa-35411	49	10	between	between	ADP
cjfa-35411	49	11	size	size	NOUN
cjfa-35411	49	12	of	of	ADP
cjfa-35411	49	13	a	a	DET
cjfa-35411	49	14	company	company	NOUN
cjfa-35411	49	15	and	and	CCONJ
cjfa-35411	49	16	its	its	PRON
cjfa-35411	49	17	dividend	dividend	NOUN
cjfa-35411	49	18	payout	payout	NOUN
cjfa-35411	49	19	ratio	ratio	NOUN
cjfa-35411	49	20	,	,	PUNCT
cjfa-35411	49	21	it	it	PRON
cjfa-35411	49	22	is	be	AUX
cjfa-35411	49	23	generally	generally	ADV
cjfa-35411	49	24	said	say	VERB
cjfa-35411	49	25	that	that	SCONJ
cjfa-35411	49	26	,	,	PUNCT
cjfa-35411	49	27	bigger	big	ADJ
cjfa-35411	49	28	the	the	DET
cjfa-35411	49	29	company	company	NOUN
cjfa-35411	49	30	higher	high	ADJ
cjfa-35411	49	31	dividends	dividend	NOUN
cjfa-35411	49	32	it	it	PRON
cjfa-35411	49	33	will	will	AUX
cjfa-35411	49	34	pay	pay	VERB
cjfa-35411	49	35	to	to	ADP
cjfa-35411	49	36	its	its	PRON
cjfa-35411	49	37	shareholders	shareholder	NOUN
cjfa-35411	49	38	.	.	PUNCT
cjfa-35411	50	1	ghosh	ghosh	PROPN
cjfa-35411	50	2	(	(	PUNCT
cjfa-35411	50	3	2010	2010	NUM
cjfa-35411	50	4	)	)	PUNCT
cjfa-35411	50	5	,	,	PUNCT
cjfa-35411	50	6	kumar	kumar	PROPN
cjfa-35411	50	7	and	and	CCONJ
cjfa-35411	50	8	sujit	sujit	PROPN
cjfa-35411	50	9	(	(	PUNCT
cjfa-35411	50	10	2017	2017	NUM
cjfa-35411	50	11	)	)	PUNCT
cjfa-35411	50	12	,	,	PUNCT
cjfa-35411	50	13	francdąbrowska	francdąbrowska	PROPN
cjfa-35411	50	14	et	et	PROPN
cjfa-35411	50	15	al	al	PROPN
cjfa-35411	50	16	.	.	PROPN
cjfa-35411	51	1	(	(	PUNCT
cjfa-35411	51	2	2019	2019	NUM
cjfa-35411	51	3	)	)	PUNCT
cjfa-35411	51	4	and	and	CCONJ
cjfa-35411	51	5	thapa	thapa	PROPN
cjfa-35411	51	6	(	(	PUNCT
cjfa-35411	51	7	2021	2021	NUM
cjfa-35411	51	8	)	)	PUNCT
cjfa-35411	51	9	identified	identify	VERB
cjfa-35411	51	10	positive	positive	ADJ
cjfa-35411	51	11	and	and	CCONJ
cjfa-35411	51	12	significant	significant	ADJ
cjfa-35411	51	13	relationship	relationship	NOUN
cjfa-35411	51	14	between	between	ADP
cjfa-35411	51	15	these	these	DET
cjfa-35411	51	16	two	two	NUM
cjfa-35411	51	17	variables	variable	NOUN
cjfa-35411	51	18	.	.	PUNCT
cjfa-35411	52	1	in	in	ADP
cjfa-35411	52	2	previous	previous	ADJ
cjfa-35411	52	3	studies	study	NOUN
cjfa-35411	52	4	,	,	PUNCT
cjfa-35411	52	5	size	size	NOUN
cjfa-35411	52	6	of	of	ADP
cjfa-35411	52	7	a	a	DET
cjfa-35411	52	8	company	company	NOUN
cjfa-35411	52	9	is	be	AUX
cjfa-35411	52	10	calculated	calculate	VERB
cjfa-35411	52	11	either	either	CCONJ
cjfa-35411	52	12	by	by	ADP
cjfa-35411	52	13	taking	take	VERB
cjfa-35411	52	14	natural	natural	ADJ
cjfa-35411	52	15	logarithm	logarithm	NOUN
cjfa-35411	52	16	of	of	ADP
cjfa-35411	52	17	total	total	ADJ
cjfa-35411	52	18	sales	sale	NOUN
cjfa-35411	52	19	or	or	CCONJ
cjfa-35411	52	20	natural	natural	ADJ
cjfa-35411	52	21	logarithm	logarithm	NOUN
cjfa-35411	52	22	of	of	ADP
cjfa-35411	52	23	total	total	ADJ
cjfa-35411	52	24	assets	asset	NOUN
cjfa-35411	52	25	.	.	PUNCT
cjfa-35411	53	1	the	the	DET
cjfa-35411	53	2	presents	present	NOUN
cjfa-35411	53	3	study	study	NOUN
cjfa-35411	53	4	calculates	calculate	VERB
cjfa-35411	53	5	this	this	DET
cjfa-35411	53	6	variable	variable	NOUN
cjfa-35411	53	7	by	by	ADP
cjfa-35411	53	8	taking	take	VERB
cjfa-35411	53	9	natural	natural	ADJ
cjfa-35411	53	10	logarithm	logarithm	NOUN
cjfa-35411	53	11	of	of	ADP
cjfa-35411	53	12	total	total	ADJ
cjfa-35411	53	13	assets	asset	NOUN
cjfa-35411	53	14	of	of	ADP
cjfa-35411	53	15	the	the	DET
cjfa-35411	53	16	selected	select	VERB
cjfa-35411	53	17	companies	company	NOUN
cjfa-35411	53	18	.	.	PUNCT
cjfa-35411	54	1	h3	h3	NOUN
cjfa-35411	54	2	:	:	PUNCT
cjfa-35411	54	3	there	there	PRON
cjfa-35411	54	4	is	be	VERB
cjfa-35411	54	5	a	a	DET
cjfa-35411	54	6	positive	positive	ADJ
cjfa-35411	54	7	relationship	relationship	NOUN
cjfa-35411	54	8	between	between	ADP
cjfa-35411	54	9	size	size	NOUN
cjfa-35411	54	10	and	and	CCONJ
cjfa-35411	54	11	dividend	dividend	NOUN
cjfa-35411	54	12	payout	payout	NOUN
cjfa-35411	54	13	ratio	ratio	NOUN
cjfa-35411	54	14	of	of	ADP
cjfa-35411	54	15	indian	indian	ADJ
cjfa-35411	54	16	automobile	automobile	NOUN
cjfa-35411	54	17	companies	company	NOUN
cjfa-35411	54	18	.	.	PUNCT
cjfa-35411	55	1	book	book	NOUN
cjfa-35411	55	2	value	value	NOUN
cjfa-35411	55	3	per	per	ADP
cjfa-35411	55	4	share	share	NOUN
cjfa-35411	55	5	and	and	CCONJ
cjfa-35411	55	6	dividend	dividend	VERB
cjfa-35411	55	7	payout	payout	NOUN
cjfa-35411	55	8	the	the	DET
cjfa-35411	55	9	author	author	NOUN
cjfa-35411	55	10	did	do	AUX
cjfa-35411	55	11	not	not	PART
cjfa-35411	55	12	find	find	VERB
cjfa-35411	55	13	any	any	DET
cjfa-35411	55	14	previous	previous	ADJ
cjfa-35411	55	15	study	study	NOUN
cjfa-35411	55	16	which	which	PRON
cjfa-35411	55	17	empirically	empirically	ADV
cjfa-35411	55	18	investigated	investigate	VERB
cjfa-35411	55	19	relationship	relationship	NOUN
cjfa-35411	55	20	between	between	ADP
cjfa-35411	55	21	these	these	DET
cjfa-35411	55	22	two	two	NUM
cjfa-35411	55	23	variables	variable	NOUN
cjfa-35411	55	24	.	.	PUNCT
cjfa-35411	56	1	so	so	ADV
cjfa-35411	56	2	,	,	PUNCT
cjfa-35411	56	3	this	this	DET
cjfa-35411	56	4	study	study	NOUN
cjfa-35411	56	5	introduces	introduce	VERB
cjfa-35411	56	6	empirical	empirical	ADJ
cjfa-35411	56	7	examination	examination	NOUN
cjfa-35411	56	8	of	of	ADP
cjfa-35411	56	9	the	the	DET
cjfa-35411	56	10	relationship	relationship	NOUN
cjfa-35411	56	11	between	between	ADP
cjfa-35411	56	12	book	book	NOUN
cjfa-35411	56	13	value	value	NOUN
cjfa-35411	56	14	per	per	ADP
cjfa-35411	56	15	share	share	NOUN
cjfa-35411	56	16	and	and	CCONJ
cjfa-35411	56	17	dividend	dividend	VERB
cjfa-35411	56	18	payout	payout	ADJ
cjfa-35411	56	19	ratio	ratio	NOUN
cjfa-35411	56	20	.	.	PUNCT
cjfa-35411	57	1	book	book	NOUN
cjfa-35411	57	2	value	value	NOUN
cjfa-35411	57	3	per	per	ADP
cjfa-35411	57	4	share	share	NOUN
cjfa-35411	57	5	shows	show	VERB
cjfa-35411	57	6	the	the	DET
cjfa-35411	57	7	value	value	NOUN
cjfa-35411	57	8	which	which	PRON
cjfa-35411	57	9	will	will	AUX
cjfa-35411	57	10	be	be	AUX
cjfa-35411	57	11	distributed	distribute	VERB
cjfa-35411	57	12	among	among	ADP
cjfa-35411	57	13	the	the	DET
cjfa-35411	57	14	shareholders	shareholder	NOUN
cjfa-35411	57	15	,	,	PUNCT
cjfa-35411	57	16	if	if	SCONJ
cjfa-35411	57	17	the	the	DET
cjfa-35411	57	18	company	company	NOUN
cjfa-35411	57	19	goes	go	VERB
cjfa-35411	57	20	bankrupt	bankrupt	ADJ
cjfa-35411	57	21	.	.	PUNCT
cjfa-35411	58	1	this	this	DET
cjfa-35411	58	2	study	study	NOUN
cjfa-35411	58	3	assumes	assume	VERB
cjfa-35411	58	4	a	a	DET
cjfa-35411	58	5	negative	negative	ADJ
cjfa-35411	58	6	relationship	relationship	NOUN
cjfa-35411	58	7	between	between	ADP
cjfa-35411	58	8	book	book	NOUN
cjfa-35411	58	9	value	value	NOUN
cjfa-35411	58	10	per	per	ADP
cjfa-35411	58	11	share	share	NOUN
cjfa-35411	58	12	and	and	CCONJ
cjfa-35411	58	13	dividend	dividend	VERB
cjfa-35411	58	14	payout	payout	ADJ
cjfa-35411	58	15	ratio	ratio	NOUN
cjfa-35411	58	16	of	of	ADP
cjfa-35411	58	17	a	a	DET
cjfa-35411	58	18	company	company	NOUN
cjfa-35411	58	19	because	because	SCONJ
cjfa-35411	58	20	payment	payment	NOUN
cjfa-35411	58	21	of	of	ADP
cjfa-35411	58	22	dividends	dividend	NOUN
cjfa-35411	58	23	by	by	ADP
cjfa-35411	58	24	a	a	DET
cjfa-35411	58	25	company	company	NOUN
cjfa-35411	58	26	reduces	reduce	VERB
cjfa-35411	58	27	its	its	PRON
cjfa-35411	58	28	reserves	reserve	NOUN
cjfa-35411	58	29	and	and	CCONJ
cjfa-35411	58	30	surplus	surplus	NOUN
cjfa-35411	58	31	and	and	CCONJ
cjfa-35411	58	32	thereby	thereby	ADV
cjfa-35411	58	33	reducing	reduce	VERB
cjfa-35411	58	34	the	the	DET
cjfa-35411	58	35	book	book	NOUN
cjfa-35411	58	36	value	value	NOUN
cjfa-35411	58	37	per	per	ADP
cjfa-35411	58	38	share	share	NOUN
cjfa-35411	58	39	of	of	ADP
cjfa-35411	58	40	the	the	DET
cjfa-35411	58	41	company	company	NOUN
cjfa-35411	58	42	.	.	PUNCT
cjfa-35411	59	1	h4	h4	NOUN
cjfa-35411	59	2	:	:	PUNCT
cjfa-35411	59	3	there	there	PRON
cjfa-35411	59	4	is	be	VERB
cjfa-35411	59	5	a	a	DET
cjfa-35411	59	6	negative	negative	ADJ
cjfa-35411	59	7	relationship	relationship	NOUN
cjfa-35411	59	8	between	between	ADP
cjfa-35411	59	9	book	book	NOUN
cjfa-35411	59	10	value	value	NOUN
cjfa-35411	59	11	per	per	ADP
cjfa-35411	59	12	share	share	NOUN
cjfa-35411	59	13	and	and	CCONJ
cjfa-35411	59	14	dividend	dividend	VERB
cjfa-35411	59	15	payout	payout	ADJ
cjfa-35411	59	16	ratio	ratio	NOUN
cjfa-35411	59	17	of	of	ADP
cjfa-35411	59	18	indian	indian	ADJ
cjfa-35411	59	19	automobile	automobile	NOUN
cjfa-35411	59	20	companies	company	NOUN
cjfa-35411	59	21	.	.	PUNCT
cjfa-35411	60	1	tangibility	tangibility	NOUN
cjfa-35411	60	2	of	of	ADP
cjfa-35411	60	3	assets	asset	NOUN
cjfa-35411	60	4	and	and	CCONJ
cjfa-35411	60	5	dividend	dividend	NOUN
cjfa-35411	60	6	payout	payout	NOUN
cjfa-35411	60	7	the	the	DET
cjfa-35411	60	8	literature	literature	NOUN
cjfa-35411	60	9	consists	consist	VERB
cjfa-35411	60	10	of	of	ADP
cjfa-35411	60	11	mixed	mixed	ADJ
cjfa-35411	60	12	results	result	NOUN
cjfa-35411	60	13	regarding	regard	VERB
cjfa-35411	60	14	relationship	relationship	NOUN
cjfa-35411	60	15	between	between	ADP
cjfa-35411	60	16	tangibility	tangibility	NOUN
cjfa-35411	60	17	of	of	ADP
cjfa-35411	60	18	assets	asset	NOUN
cjfa-35411	60	19	and	and	CCONJ
cjfa-35411	60	20	dividend	dividend	NOUN
cjfa-35411	60	21	payout	payout	NOUN
cjfa-35411	60	22	by	by	ADP
cjfa-35411	60	23	companies	company	NOUN
cjfa-35411	60	24	.	.	PUNCT
cjfa-35411	61	1	ghosh	ghosh	PROPN
cjfa-35411	61	2	(	(	PUNCT
cjfa-35411	61	3	2010	2010	NUM
cjfa-35411	61	4	)	)	PUNCT
cjfa-35411	61	5	found	find	VERB
cjfa-35411	61	6	empirical	empirical	ADJ
cjfa-35411	61	7	evidence	evidence	NOUN
cjfa-35411	61	8	in	in	ADP
cjfa-35411	61	9	support	support	NOUN
cjfa-35411	61	10	of	of	ADP
cjfa-35411	61	11	negative	negative	ADJ
cjfa-35411	61	12	relationship	relationship	NOUN
cjfa-35411	61	13	between	between	ADP
cjfa-35411	61	14	these	these	DET
cjfa-35411	61	15	two	two	NUM
cjfa-35411	61	16	variables	variable	NOUN
cjfa-35411	61	17	.	.	PUNCT
cjfa-35411	62	1	determinants	determinant	NOUN
cjfa-35411	62	2	of	of	ADP
cjfa-35411	62	3	dividend	dividend	NOUN
cjfa-35411	62	4	payout	payout	NOUN
cjfa-35411	62	5	decisions	decision	NOUN
cjfa-35411	62	6	…	…	PUNCT
cjfa-35411	62	7	13	13	NUM
cjfa-35411	62	8	pinto	pinto	NOUN
cjfa-35411	62	9	and	and	CCONJ
cjfa-35411	62	10	rastogi	rastogi	NOUN
cjfa-35411	62	11	(	(	PUNCT
cjfa-35411	62	12	2019	2019	NUM
cjfa-35411	62	13	)	)	PUNCT
cjfa-35411	62	14	found	find	VERB
cjfa-35411	62	15	significant	significant	ADJ
cjfa-35411	62	16	positive	positive	ADJ
cjfa-35411	62	17	relationship	relationship	NOUN
cjfa-35411	62	18	between	between	ADP
cjfa-35411	62	19	tangibility	tangibility	NOUN
cjfa-35411	62	20	of	of	ADP
cjfa-35411	62	21	assets	asset	NOUN
cjfa-35411	62	22	and	and	CCONJ
cjfa-35411	62	23	dividend	dividend	NOUN
cjfa-35411	62	24	policy	policy	NOUN
cjfa-35411	62	25	of	of	ADP
cjfa-35411	62	26	the	the	DET
cjfa-35411	62	27	companies	company	NOUN
cjfa-35411	62	28	from	from	ADP
cjfa-35411	62	29	agro	agro	ADJ
cjfa-35411	62	30	,	,	PUNCT
cjfa-35411	62	31	mining	mining	NOUN
cjfa-35411	62	32	engineering	engineering	NOUN
cjfa-35411	62	33	,	,	PUNCT
cjfa-35411	62	34	textiles	textile	NOUN
cjfa-35411	62	35	,	,	PUNCT
cjfa-35411	62	36	construction	construction	NOUN
cjfa-35411	62	37	and	and	CCONJ
cjfa-35411	62	38	infrastructure	infrastructure	NOUN
cjfa-35411	62	39	,	,	PUNCT
cjfa-35411	62	40	logistics	logistic	NOUN
cjfa-35411	62	41	and	and	CCONJ
cjfa-35411	62	42	consumer	consumer	NOUN
cjfa-35411	62	43	good	good	ADJ
cjfa-35411	62	44	and	and	CCONJ
cjfa-35411	62	45	appliances	appliance	NOUN
cjfa-35411	62	46	sectors	sector	NOUN
cjfa-35411	62	47	while	while	SCONJ
cjfa-35411	62	48	they	they	PRON
cjfa-35411	62	49	found	find	VERB
cjfa-35411	62	50	significant	significant	ADJ
cjfa-35411	62	51	negative	negative	ADJ
cjfa-35411	62	52	relationship	relationship	NOUN
cjfa-35411	62	53	between	between	ADP
cjfa-35411	62	54	these	these	DET
cjfa-35411	62	55	variables	variable	NOUN
cjfa-35411	62	56	in	in	ADP
cjfa-35411	62	57	the	the	DET
cjfa-35411	62	58	case	case	NOUN
cjfa-35411	62	59	of	of	ADP
cjfa-35411	62	60	banking	banking	NOUN
cjfa-35411	62	61	sector	sector	NOUN
cjfa-35411	62	62	.	.	PUNCT
cjfa-35411	63	1	it	it	PRON
cjfa-35411	63	2	is	be	AUX
cjfa-35411	63	3	assumed	assume	VERB
cjfa-35411	63	4	that	that	SCONJ
cjfa-35411	63	5	a	a	DET
cjfa-35411	63	6	negative	negative	ADJ
cjfa-35411	63	7	relationship	relationship	NOUN
cjfa-35411	63	8	exists	exist	VERB
cjfa-35411	63	9	between	between	ADP
cjfa-35411	63	10	tangibility	tangibility	NOUN
cjfa-35411	63	11	of	of	ADP
cjfa-35411	63	12	assets	asset	NOUN
cjfa-35411	63	13	and	and	CCONJ
cjfa-35411	63	14	dividend	dividend	VERB
cjfa-35411	63	15	payout	payout	NOUN
cjfa-35411	63	16	ratio	ratio	NOUN
cjfa-35411	63	17	of	of	ADP
cjfa-35411	63	18	the	the	DET
cjfa-35411	63	19	automobile	automobile	NOUN
cjfa-35411	63	20	manufacturers	manufacturer	NOUN
cjfa-35411	63	21	in	in	ADP
cjfa-35411	63	22	india	india	PROPN
cjfa-35411	63	23	because	because	SCONJ
cjfa-35411	63	24	companies	company	NOUN
cjfa-35411	63	25	with	with	ADP
cjfa-35411	63	26	more	more	ADJ
cjfa-35411	63	27	tangible	tangible	ADJ
cjfa-35411	63	28	assets	asset	NOUN
cjfa-35411	63	29	pay	pay	VERB
cjfa-35411	63	30	less	less	ADJ
cjfa-35411	63	31	dividends	dividend	NOUN
cjfa-35411	63	32	as	as	SCONJ
cjfa-35411	63	33	more	more	ADJ
cjfa-35411	63	34	tangible	tangible	ADJ
cjfa-35411	63	35	assets	asset	NOUN
cjfa-35411	63	36	means	mean	VERB
cjfa-35411	63	37	less	less	ADJ
cjfa-35411	63	38	current	current	ADJ
cjfa-35411	63	39	assets	asset	NOUN
cjfa-35411	63	40	or	or	CCONJ
cjfa-35411	63	41	cash	cash	NOUN
cjfa-35411	63	42	available	available	ADJ
cjfa-35411	63	43	to	to	PART
cjfa-35411	63	44	pay	pay	VERB
cjfa-35411	63	45	dividends	dividend	NOUN
cjfa-35411	63	46	to	to	ADP
cjfa-35411	63	47	the	the	DET
cjfa-35411	63	48	shareholders	shareholder	NOUN
cjfa-35411	63	49	.	.	PUNCT
cjfa-35411	64	1	h5	h5	PROPN
cjfa-35411	64	2	:	:	PUNCT
cjfa-35411	64	3	there	there	PRON
cjfa-35411	64	4	is	be	VERB
cjfa-35411	64	5	a	a	DET
cjfa-35411	64	6	negative	negative	ADJ
cjfa-35411	64	7	relationship	relationship	NOUN
cjfa-35411	64	8	between	between	ADP
cjfa-35411	64	9	tangibility	tangibility	NOUN
cjfa-35411	64	10	of	of	ADP
cjfa-35411	64	11	assets	asset	NOUN
cjfa-35411	64	12	and	and	CCONJ
cjfa-35411	64	13	dividend	dividend	VERB
cjfa-35411	64	14	payout	payout	NOUN
cjfa-35411	64	15	ratio	ratio	NOUN
cjfa-35411	64	16	of	of	ADP
cjfa-35411	64	17	indian	indian	ADJ
cjfa-35411	64	18	automobile	automobile	NOUN
cjfa-35411	64	19	companies	company	NOUN
cjfa-35411	64	20	.	.	PUNCT
cjfa-35411	65	1	leverage	leverage	NOUN
cjfa-35411	65	2	and	and	CCONJ
cjfa-35411	65	3	dividend	dividend	NOUN
cjfa-35411	65	4	payout	payout	NOUN
cjfa-35411	65	5	both	both	DET
cjfa-35411	65	6	pecking	pecking	NOUN
cjfa-35411	65	7	order	order	NOUN
cjfa-35411	65	8	and	and	CCONJ
cjfa-35411	65	9	transaction	transaction	NOUN
cjfa-35411	65	10	cost	cost	NOUN
cjfa-35411	65	11	theories	theory	NOUN
cjfa-35411	65	12	suggest	suggest	VERB
cjfa-35411	65	13	negative	negative	ADJ
cjfa-35411	65	14	relationship	relationship	NOUN
cjfa-35411	65	15	between	between	ADP
cjfa-35411	65	16	leverage	leverage	NOUN
cjfa-35411	65	17	and	and	CCONJ
cjfa-35411	65	18	dividend	dividend	NOUN
cjfa-35411	65	19	payout	payout	NOUN
cjfa-35411	65	20	ratio	ratio	NOUN
cjfa-35411	65	21	of	of	ADP
cjfa-35411	65	22	a	a	DET
cjfa-35411	65	23	company	company	NOUN
cjfa-35411	65	24	.	.	PUNCT
cjfa-35411	66	1	according	accord	VERB
cjfa-35411	66	2	to	to	ADP
cjfa-35411	66	3	first	first	ADJ
cjfa-35411	66	4	theory	theory	NOUN
cjfa-35411	66	5	,	,	PUNCT
cjfa-35411	66	6	companies	company	NOUN
cjfa-35411	66	7	with	with	ADP
cjfa-35411	66	8	high	high	ADJ
cjfa-35411	66	9	fixed	fix	VERB
cjfa-35411	66	10	interest	interest	NOUN
cjfa-35411	66	11	obligations	obligation	NOUN
cjfa-35411	66	12	make	make	VERB
cjfa-35411	66	13	less	less	ADJ
cjfa-35411	66	14	dividend	dividend	NOUN
cjfa-35411	66	15	payments	payment	NOUN
cjfa-35411	66	16	and	and	CCONJ
cjfa-35411	66	17	according	accord	VERB
cjfa-35411	66	18	to	to	ADP
cjfa-35411	66	19	second	second	ADJ
cjfa-35411	66	20	theory	theory	NOUN
cjfa-35411	66	21	highly	highly	ADV
cjfa-35411	66	22	leveraged	leverage	VERB
cjfa-35411	66	23	companies	company	NOUN
cjfa-35411	66	24	pay	pay	VERB
cjfa-35411	66	25	lesser	less	ADJ
cjfa-35411	66	26	dividends	dividend	NOUN
cjfa-35411	66	27	to	to	ADP
cjfa-35411	66	28	their	their	PRON
cjfa-35411	66	29	shareholders	shareholder	NOUN
cjfa-35411	66	30	in	in	ADP
cjfa-35411	66	31	order	order	NOUN
cjfa-35411	66	32	to	to	PART
cjfa-35411	66	33	reduce	reduce	VERB
cjfa-35411	66	34	their	their	PRON
cjfa-35411	66	35	transaction	transaction	NOUN
cjfa-35411	66	36	costs	cost	NOUN
cjfa-35411	66	37	.	.	PUNCT
cjfa-35411	67	1	the	the	DET
cjfa-35411	67	2	studies	study	NOUN
cjfa-35411	67	3	which	which	PRON
cjfa-35411	67	4	found	find	VERB
cjfa-35411	67	5	negative	negative	ADJ
cjfa-35411	67	6	and	and	CCONJ
cjfa-35411	67	7	significant	significant	ADJ
cjfa-35411	67	8	relationship	relationship	NOUN
cjfa-35411	67	9	between	between	ADP
cjfa-35411	67	10	leverage	leverage	NOUN
cjfa-35411	67	11	and	and	CCONJ
cjfa-35411	67	12	dividend	dividend	NOUN
cjfa-35411	67	13	payout	payout	NOUN
cjfa-35411	67	14	ratio	ratio	NOUN
cjfa-35411	67	15	include	include	VERB
cjfa-35411	67	16	ghosh	ghosh	PROPN
cjfa-35411	67	17	(	(	PUNCT
cjfa-35411	67	18	2010	2010	NUM
cjfa-35411	67	19	)	)	PUNCT
cjfa-35411	67	20	,	,	PUNCT
cjfa-35411	67	21	kaźmierska	kaźmierska	PROPN
cjfa-35411	67	22	-	-	PUNCT
cjfa-35411	67	23	jóźwiak	jóźwiak	PROPN
cjfa-35411	67	24	(	(	PUNCT
cjfa-35411	67	25	2015	2015	NUM
cjfa-35411	67	26	)	)	PUNCT
cjfa-35411	67	27	,	,	PUNCT
cjfa-35411	67	28	kumar	kumar	PROPN
cjfa-35411	67	29	and	and	CCONJ
cjfa-35411	67	30	sujit	sujit	PROPN
cjfa-35411	67	31	(	(	PUNCT
cjfa-35411	67	32	2017	2017	NUM
cjfa-35411	67	33	)	)	PUNCT
cjfa-35411	67	34	and	and	CCONJ
cjfa-35411	67	35	chakraborty	chakraborty	PROPN
cjfa-35411	67	36	et	et	PROPN
cjfa-35411	67	37	al	al	PROPN
cjfa-35411	67	38	.	.	PROPN
cjfa-35411	68	1	(	(	PUNCT
cjfa-35411	68	2	2018	2018	NUM
cjfa-35411	68	3	)	)	PUNCT
cjfa-35411	68	4	.	.	PUNCT
cjfa-35411	69	1	rehman	rehman	PROPN
cjfa-35411	69	2	and	and	CCONJ
cjfa-35411	69	3	takumi	takumi	PROPN
cjfa-35411	69	4	(	(	PUNCT
cjfa-35411	69	5	2012	2012	NUM
cjfa-35411	69	6	)	)	PUNCT
cjfa-35411	69	7	identified	identify	VERB
cjfa-35411	69	8	positive	positive	ADJ
cjfa-35411	69	9	and	and	CCONJ
cjfa-35411	69	10	significant	significant	ADJ
cjfa-35411	69	11	relationship	relationship	NOUN
cjfa-35411	69	12	between	between	ADP
cjfa-35411	69	13	these	these	DET
cjfa-35411	69	14	variables	variable	NOUN
cjfa-35411	69	15	.	.	PUNCT
cjfa-35411	70	1	the	the	DET
cjfa-35411	70	2	studies	study	NOUN
cjfa-35411	70	3	which	which	PRON
cjfa-35411	70	4	found	find	VERB
cjfa-35411	70	5	empirical	empirical	ADJ
cjfa-35411	70	6	evidences	evidence	NOUN
cjfa-35411	70	7	in	in	ADP
cjfa-35411	70	8	support	support	NOUN
cjfa-35411	70	9	of	of	ADP
cjfa-35411	70	10	positive	positive	ADJ
cjfa-35411	70	11	relationship	relationship	NOUN
cjfa-35411	70	12	between	between	ADP
cjfa-35411	70	13	these	these	DET
cjfa-35411	70	14	variables	variable	NOUN
cjfa-35411	70	15	concluded	conclude	VERB
cjfa-35411	70	16	that	that	SCONJ
cjfa-35411	70	17	high	high	ADJ
cjfa-35411	70	18	dividend	dividend	NOUN
cjfa-35411	70	19	payments	payment	NOUN
cjfa-35411	70	20	indicate	indicate	VERB
cjfa-35411	70	21	towards	towards	ADP
cjfa-35411	70	22	good	good	ADJ
cjfa-35411	70	23	financial	financial	ADJ
cjfa-35411	70	24	position	position	NOUN
cjfa-35411	70	25	of	of	ADP
cjfa-35411	70	26	the	the	DET
cjfa-35411	70	27	companies	company	NOUN
cjfa-35411	70	28	which	which	PRON
cjfa-35411	70	29	enables	enable	VERB
cjfa-35411	70	30	them	they	PRON
cjfa-35411	70	31	to	to	PART
cjfa-35411	70	32	raise	raise	VERB
cjfa-35411	70	33	debt	debt	NOUN
cjfa-35411	70	34	funds	fund	NOUN
cjfa-35411	70	35	easily	easily	ADV
cjfa-35411	70	36	.	.	PUNCT
cjfa-35411	71	1	majority	majority	NOUN
cjfa-35411	71	2	of	of	ADP
cjfa-35411	71	3	the	the	DET
cjfa-35411	71	4	previous	previous	ADJ
cjfa-35411	71	5	studies	study	NOUN
cjfa-35411	71	6	used	use	VERB
cjfa-35411	71	7	debt	debt	NOUN
cjfa-35411	71	8	equity	equity	NOUN
cjfa-35411	71	9	ratio	ratio	NOUN
cjfa-35411	71	10	as	as	ADP
cjfa-35411	71	11	a	a	DET
cjfa-35411	71	12	proxy	proxy	NOUN
cjfa-35411	71	13	for	for	ADP
cjfa-35411	71	14	leverage	leverage	NOUN
cjfa-35411	71	15	and	and	CCONJ
cjfa-35411	71	16	the	the	DET
cjfa-35411	71	17	present	present	ADJ
cjfa-35411	71	18	study	study	NOUN
cjfa-35411	71	19	also	also	ADV
cjfa-35411	71	20	uses	use	VERB
cjfa-35411	71	21	the	the	DET
cjfa-35411	71	22	same	same	ADJ
cjfa-35411	71	23	variable	variable	NOUN
cjfa-35411	71	24	to	to	PART
cjfa-35411	71	25	represent	represent	VERB
cjfa-35411	71	26	leverage	leverage	NOUN
cjfa-35411	71	27	of	of	ADP
cjfa-35411	71	28	the	the	DET
cjfa-35411	71	29	selected	select	VERB
cjfa-35411	71	30	companies	company	NOUN
cjfa-35411	71	31	.	.	PUNCT
cjfa-35411	72	1	h6	h6	NOUN
cjfa-35411	72	2	:	:	PUNCT
cjfa-35411	72	3	there	there	PRON
cjfa-35411	72	4	is	be	VERB
cjfa-35411	72	5	a	a	DET
cjfa-35411	72	6	negative	negative	ADJ
cjfa-35411	72	7	relationship	relationship	NOUN
cjfa-35411	72	8	between	between	ADP
cjfa-35411	72	9	leverage	leverage	NOUN
cjfa-35411	72	10	(	(	PUNCT
cjfa-35411	72	11	der	der	NOUN
cjfa-35411	72	12	)	)	PUNCT
cjfa-35411	72	13	and	and	CCONJ
cjfa-35411	72	14	dividend	dividend	VERB
cjfa-35411	72	15	payout	payout	NOUN
cjfa-35411	72	16	ratio	ratio	NOUN
cjfa-35411	72	17	of	of	ADP
cjfa-35411	72	18	indian	indian	ADJ
cjfa-35411	72	19	automobile	automobile	NOUN
cjfa-35411	72	20	companies	company	NOUN
cjfa-35411	72	21	.	.	PUNCT
cjfa-35411	73	1	price	price	NOUN
cjfa-35411	73	2	earnings	earning	NOUN
cjfa-35411	73	3	ratio	ratio	NOUN
cjfa-35411	73	4	and	and	CCONJ
cjfa-35411	73	5	dividend	dividend	NOUN
cjfa-35411	73	6	payout	payout	ADJ
cjfa-35411	73	7	price	price	NOUN
cjfa-35411	73	8	earnings	earning	NOUN
cjfa-35411	73	9	ratio	ratio	NOUN
cjfa-35411	73	10	measures	measure	NOUN
cjfa-35411	73	11	risk	risk	NOUN
cjfa-35411	73	12	in	in	ADP
cjfa-35411	73	13	the	the	DET
cjfa-35411	73	14	future	future	ADJ
cjfa-35411	73	15	earnings	earning	NOUN
cjfa-35411	73	16	of	of	ADP
cjfa-35411	73	17	a	a	DET
cjfa-35411	73	18	company	company	NOUN
cjfa-35411	73	19	.	.	PUNCT
cjfa-35411	74	1	high	high	ADJ
cjfa-35411	74	2	price	price	NOUN
cjfa-35411	74	3	earnings	earning	NOUN
cjfa-35411	74	4	ratio	ratio	NOUN
cjfa-35411	74	5	means	mean	VERB
cjfa-35411	74	6	low	low	ADJ
cjfa-35411	74	7	risk	risk	NOUN
cjfa-35411	74	8	and	and	CCONJ
cjfa-35411	74	9	vice	vice	NOUN
cjfa-35411	74	10	versa	versa	ADV
cjfa-35411	74	11	.	.	PUNCT
cjfa-35411	75	1	there	there	PRON
cjfa-35411	75	2	exists	exist	VERB
cjfa-35411	75	3	a	a	DET
cjfa-35411	75	4	negative	negative	ADJ
cjfa-35411	75	5	navleen	navleen	ADJ
cjfa-35411	75	6	kaur14	kaur14	NOUN
cjfa-35411	75	7	relationship	relationship	NOUN
cjfa-35411	75	8	between	between	ADP
cjfa-35411	75	9	business	business	NOUN
cjfa-35411	75	10	risk	risk	NOUN
cjfa-35411	75	11	and	and	CCONJ
cjfa-35411	75	12	dividend	dividend	NOUN
cjfa-35411	75	13	payments	payment	NOUN
cjfa-35411	75	14	because	because	SCONJ
cjfa-35411	75	15	high	high	ADJ
cjfa-35411	75	16	risk	risk	NOUN
cjfa-35411	75	17	in	in	ADP
cjfa-35411	75	18	future	future	ADJ
cjfa-35411	75	19	earnings	earning	NOUN
cjfa-35411	75	20	of	of	ADP
cjfa-35411	75	21	a	a	DET
cjfa-35411	75	22	company	company	NOUN
cjfa-35411	75	23	will	will	AUX
cjfa-35411	75	24	lead	lead	VERB
cjfa-35411	75	25	to	to	ADP
cjfa-35411	75	26	low	low	ADJ
cjfa-35411	75	27	dividend	dividend	NOUN
cjfa-35411	75	28	payments	payment	NOUN
cjfa-35411	75	29	by	by	ADP
cjfa-35411	75	30	the	the	DET
cjfa-35411	75	31	company	company	NOUN
cjfa-35411	75	32	.	.	PUNCT
cjfa-35411	76	1	so	so	ADV
cjfa-35411	76	2	,	,	PUNCT
cjfa-35411	76	3	it	it	PRON
cjfa-35411	76	4	can	can	AUX
cjfa-35411	76	5	be	be	AUX
cjfa-35411	76	6	deduced	deduce	VERB
cjfa-35411	76	7	that	that	SCONJ
cjfa-35411	76	8	price	price	NOUN
cjfa-35411	76	9	earnings	earning	NOUN
cjfa-35411	76	10	ratio	ratio	NOUN
cjfa-35411	76	11	and	and	CCONJ
cjfa-35411	76	12	dividend	dividend	NOUN
cjfa-35411	76	13	payout	payout	NOUN
cjfa-35411	76	14	ratio	ratio	NOUN
cjfa-35411	76	15	are	be	AUX
cjfa-35411	76	16	positively	positively	ADV
cjfa-35411	76	17	related	relate	VERB
cjfa-35411	76	18	to	to	ADP
cjfa-35411	76	19	each	each	DET
cjfa-35411	76	20	other	other	ADJ
cjfa-35411	76	21	.	.	PUNCT
cjfa-35411	77	1	kaźmierska	kaźmierska	PROPN
cjfa-35411	77	2	-	-	PUNCT
cjfa-35411	77	3	jóźwiak	jóźwiak	PROPN
cjfa-35411	77	4	(	(	PUNCT
cjfa-35411	77	5	2015	2015	NUM
cjfa-35411	77	6	)	)	PUNCT
cjfa-35411	77	7	and	and	CCONJ
cjfa-35411	77	8	franc	franc	NOUN
cjfa-35411	77	9	-	-	PUNCT
cjfa-35411	77	10	dąbrowska	dąbrowska	NOUN
cjfa-35411	77	11	et	et	NOUN
cjfa-35411	77	12	al	al	PROPN
cjfa-35411	77	13	.	.	PROPN
cjfa-35411	78	1	(	(	PUNCT
cjfa-35411	78	2	2019	2019	NUM
cjfa-35411	78	3	)	)	PUNCT
cjfa-35411	78	4	identified	identify	VERB
cjfa-35411	78	5	positive	positive	ADJ
cjfa-35411	78	6	but	but	CCONJ
cjfa-35411	78	7	insignificant	insignificant	ADJ
cjfa-35411	78	8	relationship	relationship	NOUN
cjfa-35411	78	9	between	between	ADP
cjfa-35411	78	10	these	these	DET
cjfa-35411	78	11	two	two	NUM
cjfa-35411	78	12	variables	variable	NOUN
cjfa-35411	78	13	.	.	PUNCT
cjfa-35411	79	1	thirumagal	thirumagal	ADJ
cjfa-35411	79	2	and	and	CCONJ
cjfa-35411	79	3	vasantha	vasantha	NOUN
cjfa-35411	79	4	(	(	PUNCT
cjfa-35411	79	5	2017	2017	NUM
cjfa-35411	79	6	)	)	PUNCT
cjfa-35411	79	7	and	and	CCONJ
cjfa-35411	79	8	sumathy	sumathy	ADJ
cjfa-35411	79	9	and	and	CCONJ
cjfa-35411	79	10	rajasekaran	rajasekaran	NOUN
cjfa-35411	79	11	(	(	PUNCT
cjfa-35411	79	12	2019	2019	NUM
cjfa-35411	79	13	)	)	PUNCT
cjfa-35411	79	14	found	find	VERB
cjfa-35411	79	15	positive	positive	ADJ
cjfa-35411	79	16	and	and	CCONJ
cjfa-35411	79	17	significant	significant	ADJ
cjfa-35411	79	18	relationship	relationship	NOUN
cjfa-35411	79	19	between	between	ADP
cjfa-35411	79	20	these	these	DET
cjfa-35411	79	21	variables	variable	NOUN
cjfa-35411	79	22	concluding	conclude	VERB
cjfa-35411	79	23	that	that	PRON
cjfa-35411	79	24	high	high	ADJ
cjfa-35411	79	25	risk	risk	NOUN
cjfa-35411	79	26	companies	company	NOUN
cjfa-35411	79	27	pay	pay	VERB
cjfa-35411	79	28	low	low	ADJ
cjfa-35411	79	29	dividends	dividend	NOUN
cjfa-35411	79	30	because	because	SCONJ
cjfa-35411	79	31	these	these	DET
cjfa-35411	79	32	companies	company	NOUN
cjfa-35411	79	33	prefer	prefer	VERB
cjfa-35411	79	34	internal	internal	ADJ
cjfa-35411	79	35	financing	financing	NOUN
cjfa-35411	79	36	,	,	PUNCT
cjfa-35411	79	37	thereby	thereby	ADV
cjfa-35411	79	38	reducing	reduce	VERB
cjfa-35411	79	39	the	the	DET
cjfa-35411	79	40	dividend	dividend	NOUN
cjfa-35411	79	41	payments	payment	NOUN
cjfa-35411	79	42	.	.	PUNCT
cjfa-35411	80	1	h7	h7	NOUN
cjfa-35411	80	2	:	:	PUNCT
cjfa-35411	80	3	there	there	PRON
cjfa-35411	80	4	is	be	VERB
cjfa-35411	80	5	a	a	DET
cjfa-35411	80	6	positive	positive	ADJ
cjfa-35411	80	7	relationship	relationship	NOUN
cjfa-35411	80	8	between	between	ADP
cjfa-35411	80	9	price	price	NOUN
cjfa-35411	80	10	earnings	earning	NOUN
cjfa-35411	80	11	ratio	ratio	NOUN
cjfa-35411	80	12	and	and	CCONJ
cjfa-35411	80	13	dividend	dividend	NOUN
cjfa-35411	80	14	payout	payout	NOUN
cjfa-35411	80	15	ratio	ratio	NOUN
cjfa-35411	80	16	of	of	ADP
cjfa-35411	80	17	indian	indian	ADJ
cjfa-35411	80	18	automobile	automobile	NOUN
cjfa-35411	80	19	companies	company	NOUN
cjfa-35411	80	20	.	.	PUNCT
cjfa-35411	81	1	objectives	objective	NOUN
cjfa-35411	81	2	of	of	ADP
cjfa-35411	81	3	the	the	DET
cjfa-35411	81	4	study	study	NOUN
cjfa-35411	81	5	1	1	NUM
cjfa-35411	81	6	.	.	PUNCT
cjfa-35411	81	7	to	to	PART
cjfa-35411	81	8	identify	identify	VERB
cjfa-35411	81	9	the	the	DET
cjfa-35411	81	10	variables	variable	NOUN
cjfa-35411	81	11	that	that	PRON
cjfa-35411	81	12	significantly	significantly	ADV
cjfa-35411	81	13	affect	affect	VERB
cjfa-35411	81	14	dividend	dividend	NOUN
cjfa-35411	81	15	payout	payout	NOUN
cjfa-35411	81	16	decisions	decision	NOUN
cjfa-35411	81	17	of	of	ADP
cjfa-35411	81	18	oems	oem	NOUN
cjfa-35411	81	19	from	from	ADP
cjfa-35411	81	20	automobile	automobile	NOUN
cjfa-35411	81	21	industry	industry	NOUN
cjfa-35411	81	22	in	in	ADP
cjfa-35411	81	23	india	india	PROPN
cjfa-35411	81	24	listed	list	VERB
cjfa-35411	81	25	on	on	ADP
cjfa-35411	81	26	the	the	DET
cjfa-35411	81	27	bombay	bombay	PROPN
cjfa-35411	81	28	stock	stock	PROPN
cjfa-35411	81	29	exchange	exchange	PROPN
cjfa-35411	81	30	(	(	PUNCT
cjfa-35411	81	31	bse	bse	PROPN
cjfa-35411	81	32	)	)	PUNCT
cjfa-35411	81	33	.	.	PUNCT
cjfa-35411	82	1	2	2	X
cjfa-35411	82	2	.	.	X
cjfa-35411	82	3	to	to	PART
cjfa-35411	82	4	explain	explain	VERB
cjfa-35411	82	5	the	the	DET
cjfa-35411	82	6	magnitude	magnitude	NOUN
cjfa-35411	82	7	of	of	ADP
cjfa-35411	82	8	change	change	NOUN
cjfa-35411	82	9	in	in	ADP
cjfa-35411	82	10	the	the	DET
cjfa-35411	82	11	dividend	dividend	NOUN
cjfa-35411	82	12	payout	payout	NOUN
cjfa-35411	82	13	ratio	ratio	NOUN
cjfa-35411	82	14	of	of	ADP
cjfa-35411	82	15	the	the	DET
cjfa-35411	82	16	selected	select	VERB
cjfa-35411	82	17	companies	company	NOUN
cjfa-35411	82	18	due	due	ADJ
cjfa-35411	82	19	to	to	ADP
cjfa-35411	82	20	these	these	DET
cjfa-35411	82	21	variables	variable	NOUN
cjfa-35411	82	22	.	.	PUNCT
cjfa-35411	83	1	need	need	NOUN
cjfa-35411	83	2	of	of	ADP
cjfa-35411	83	3	the	the	DET
cjfa-35411	83	4	study	study	NOUN
cjfa-35411	83	5	after	after	ADP
cjfa-35411	83	6	the	the	DET
cjfa-35411	83	7	introduction	introduction	NOUN
cjfa-35411	83	8	of	of	ADP
cjfa-35411	83	9	liberalization	liberalization	NOUN
cjfa-35411	83	10	in	in	ADP
cjfa-35411	83	11	indian	indian	ADJ
cjfa-35411	83	12	economy	economy	NOUN
cjfa-35411	83	13	in	in	ADP
cjfa-35411	83	14	1991	1991	NUM
cjfa-35411	83	15	,	,	PUNCT
cjfa-35411	83	16	a	a	DET
cjfa-35411	83	17	large	large	ADJ
cjfa-35411	83	18	number	number	NOUN
cjfa-35411	83	19	of	of	ADP
cjfa-35411	83	20	global	global	ADJ
cjfa-35411	83	21	auto	auto	NOUN
cjfa-35411	83	22	manufacturers	manufacturer	NOUN
cjfa-35411	83	23	entered	enter	VERB
cjfa-35411	83	24	india	india	PROPN
cjfa-35411	83	25	’s	’s	PART
cjfa-35411	83	26	automobile	automobile	NOUN
cjfa-35411	83	27	industry	industry	NOUN
cjfa-35411	83	28	putting	put	VERB
cjfa-35411	83	29	the	the	DET
cjfa-35411	83	30	industry	industry	NOUN
cjfa-35411	83	31	into	into	ADP
cjfa-35411	83	32	a	a	DET
cjfa-35411	83	33	higher	high	ADJ
cjfa-35411	83	34	growth	growth	NOUN
cjfa-35411	83	35	trajectory	trajectory	NOUN
cjfa-35411	83	36	.	.	PUNCT
cjfa-35411	84	1	this	this	DET
cjfa-35411	84	2	industry	industry	NOUN
cjfa-35411	84	3	has	have	AUX
cjfa-35411	84	4	been	be	AUX
cjfa-35411	84	5	defined	define	VERB
cjfa-35411	84	6	as	as	ADP
cjfa-35411	84	7	the	the	DET
cjfa-35411	84	8	next	next	ADJ
cjfa-35411	84	9	sunrise	sunrise	NOUN
cjfa-35411	84	10	sector	sector	NOUN
cjfa-35411	84	11	for	for	ADP
cjfa-35411	84	12	the	the	DET
cjfa-35411	84	13	indian	indian	ADJ
cjfa-35411	84	14	economy	economy	NOUN
cjfa-35411	84	15	but	but	CCONJ
cjfa-35411	84	16	still	still	ADV
cjfa-35411	84	17	there	there	PRON
cjfa-35411	84	18	is	be	VERB
cjfa-35411	84	19	enough	enough	ADJ
cjfa-35411	84	20	scope	scope	NOUN
cjfa-35411	84	21	for	for	ADP
cjfa-35411	84	22	its	its	PRON
cjfa-35411	84	23	growth	growth	NOUN
cjfa-35411	84	24	and	and	CCONJ
cjfa-35411	84	25	development	development	NOUN
cjfa-35411	84	26	.	.	PUNCT
cjfa-35411	85	1	government	government	NOUN
cjfa-35411	85	2	of	of	ADP
cjfa-35411	85	3	india	india	PROPN
cjfa-35411	85	4	is	be	AUX
cjfa-35411	85	5	actively	actively	ADV
cjfa-35411	85	6	focusing	focus	VERB
cjfa-35411	85	7	on	on	ADP
cjfa-35411	85	8	formulating	formulate	VERB
cjfa-35411	85	9	various	various	ADJ
cjfa-35411	85	10	plans	plan	NOUN
cjfa-35411	85	11	and	and	CCONJ
cjfa-35411	85	12	policies	policy	NOUN
cjfa-35411	85	13	for	for	ADP
cjfa-35411	85	14	the	the	DET
cjfa-35411	85	15	development	development	NOUN
cjfa-35411	85	16	of	of	ADP
cjfa-35411	85	17	this	this	DET
cjfa-35411	85	18	industry	industry	NOUN
cjfa-35411	85	19	.	.	PUNCT
cjfa-35411	86	1	the	the	DET
cjfa-35411	86	2	literature	literature	NOUN
cjfa-35411	86	3	is	be	AUX
cjfa-35411	86	4	full	full	ADJ
cjfa-35411	86	5	of	of	ADP
cjfa-35411	86	6	studies	study	NOUN
cjfa-35411	86	7	on	on	ADP
cjfa-35411	86	8	determinants	determinant	NOUN
cjfa-35411	86	9	of	of	ADP
cjfa-35411	86	10	dividend	dividend	NOUN
cjfa-35411	86	11	payout	payout	NOUN
cjfa-35411	86	12	decisions	decision	NOUN
cjfa-35411	86	13	of	of	ADP
cjfa-35411	86	14	corporate	corporate	ADJ
cjfa-35411	86	15	sector	sector	NOUN
cjfa-35411	86	16	all	all	ADV
cjfa-35411	86	17	over	over	ADP
cjfa-35411	86	18	the	the	DET
cjfa-35411	86	19	world	world	NOUN
cjfa-35411	86	20	but	but	CCONJ
cjfa-35411	86	21	very	very	ADV
cjfa-35411	86	22	limited	limited	ADJ
cjfa-35411	86	23	research	research	NOUN
cjfa-35411	86	24	has	have	AUX
cjfa-35411	86	25	been	be	AUX
cjfa-35411	86	26	conducted	conduct	VERB
cjfa-35411	86	27	on	on	ADP
cjfa-35411	86	28	dividend	dividend	NOUN
cjfa-35411	86	29	payout	payout	NOUN
cjfa-35411	86	30	decisions	decision	NOUN
cjfa-35411	86	31	of	of	ADP
cjfa-35411	86	32	oems	oem	NOUN
cjfa-35411	86	33	from	from	ADP
cjfa-35411	86	34	indian	indian	ADJ
cjfa-35411	86	35	automobile	automobile	NOUN
cjfa-35411	86	36	industry	industry	NOUN
cjfa-35411	86	37	.	.	PUNCT
cjfa-35411	87	1	so	so	ADV
cjfa-35411	87	2	,	,	PUNCT
cjfa-35411	87	3	the	the	DET
cjfa-35411	87	4	present	present	ADJ
cjfa-35411	87	5	study	study	NOUN
cjfa-35411	87	6	bridges	bridge	VERB
cjfa-35411	87	7	the	the	DET
cjfa-35411	87	8	gap	gap	NOUN
cjfa-35411	87	9	in	in	ADP
cjfa-35411	87	10	the	the	DET
cjfa-35411	87	11	literature	literature	NOUN
cjfa-35411	87	12	by	by	ADP
cjfa-35411	87	13	studying	study	VERB
cjfa-35411	87	14	the	the	DET
cjfa-35411	87	15	firm	firm	ADJ
cjfa-35411	87	16	-	-	PUNCT
cjfa-35411	87	17	specific	specific	ADJ
cjfa-35411	87	18	determinants	determinant	NOUN
cjfa-35411	87	19	of	of	ADP
cjfa-35411	87	20	dividend	dividend	NOUN
cjfa-35411	87	21	payout	payout	NOUN
cjfa-35411	87	22	decisions	decision	NOUN
cjfa-35411	87	23	of	of	ADP
cjfa-35411	87	24	automobile	automobile	NOUN
cjfa-35411	87	25	manufacturers	manufacturer	NOUN
cjfa-35411	87	26	in	in	ADP
cjfa-35411	87	27	india	india	PROPN
cjfa-35411	87	28	.	.	PUNCT
cjfa-35411	88	1	the	the	DET
cjfa-35411	88	2	study	study	NOUN
cjfa-35411	88	3	will	will	AUX
cjfa-35411	88	4	provide	provide	VERB
cjfa-35411	88	5	useful	useful	ADJ
cjfa-35411	88	6	insight	insight	NOUN
cjfa-35411	88	7	pertaining	pertain	VERB
cjfa-35411	88	8	to	to	PART
cjfa-35411	88	9	dividend	dividend	VERB
cjfa-35411	88	10	policy	policy	NOUN
cjfa-35411	88	11	decisions	decision	NOUN
cjfa-35411	88	12	to	to	ADP
cjfa-35411	88	13	the	the	DET
cjfa-35411	88	14	managers	manager	NOUN
cjfa-35411	88	15	and	and	CCONJ
cjfa-35411	88	16	other	other	ADJ
cjfa-35411	88	17	stakeholders	stakeholder	NOUN
cjfa-35411	88	18	related	relate	VERB
cjfa-35411	88	19	to	to	ADP
cjfa-35411	88	20	different	different	ADJ
cjfa-35411	88	21	companies	company	NOUN
cjfa-35411	88	22	determinants	determinant	NOUN
cjfa-35411	88	23	of	of	ADP
cjfa-35411	88	24	dividend	dividend	NOUN
cjfa-35411	88	25	payout	payout	NOUN
cjfa-35411	88	26	decisions	decision	NOUN
cjfa-35411	88	27	…	…	PUNCT
cjfa-35411	88	28	15	15	NUM
cjfa-35411	88	29	all	all	ADV
cjfa-35411	88	30	over	over	ADP
cjfa-35411	88	31	the	the	DET
cjfa-35411	88	32	world	world	NOUN
cjfa-35411	88	33	.	.	PUNCT
cjfa-35411	89	1	as	as	ADP
cjfa-35411	89	2	per	per	ADP
cjfa-35411	89	3	authors	author	NOUN
cjfa-35411	89	4	’	'	PUNCT
cjfa-35411	89	5	knowledge	knowledge	NOUN
cjfa-35411	89	6	,	,	PUNCT
cjfa-35411	89	7	this	this	PRON
cjfa-35411	89	8	is	be	AUX
cjfa-35411	89	9	the	the	DET
cjfa-35411	89	10	first	first	ADJ
cjfa-35411	89	11	study	study	NOUN
cjfa-35411	89	12	focusing	focus	VERB
cjfa-35411	89	13	on	on	ADP
cjfa-35411	89	14	the	the	DET
cjfa-35411	89	15	determinants	determinant	NOUN
cjfa-35411	89	16	of	of	ADP
cjfa-35411	89	17	dividend	dividend	NOUN
cjfa-35411	89	18	payout	payout	NOUN
cjfa-35411	89	19	decisions	decision	NOUN
cjfa-35411	89	20	of	of	ADP
cjfa-35411	89	21	indian	indian	ADJ
cjfa-35411	89	22	automobile	automobile	NOUN
cjfa-35411	89	23	manufacturers	manufacturer	NOUN
cjfa-35411	89	24	using	use	VERB
cjfa-35411	89	25	the	the	DET
cjfa-35411	89	26	data	datum	NOUN
cjfa-35411	89	27	for	for	ADP
cjfa-35411	89	28	the	the	DET
cjfa-35411	89	29	period	period	NOUN
cjfa-35411	89	30	from	from	ADP
cjfa-35411	89	31	2003	2003	NUM
cjfa-35411	89	32	-	-	SYM
cjfa-35411	89	33	04	04	NUM
cjfa-35411	89	34	to	to	ADP
cjfa-35411	89	35	2017	2017	NUM
cjfa-35411	89	36	-	-	SYM
cjfa-35411	89	37	18	18	NUM
cjfa-35411	89	38	.	.	PUNCT
cjfa-35411	90	1	research	research	NOUN
cjfa-35411	90	2	methodology	methodology	NOUN
cjfa-35411	90	3	and	and	CCONJ
cjfa-35411	90	4	research	research	NOUN
cjfa-35411	90	5	process	process	NOUN
cjfa-35411	90	6	sample	sample	NOUN
cjfa-35411	90	7	,	,	PUNCT
cjfa-35411	90	8	study	study	NOUN
cjfa-35411	90	9	period	period	NOUN
cjfa-35411	90	10	,	,	PUNCT
cjfa-35411	90	11	data	datum	NOUN
cjfa-35411	90	12	collection	collection	NOUN
cjfa-35411	90	13	and	and	CCONJ
cjfa-35411	90	14	variables	variable	NOUN
cjfa-35411	90	15	the	the	DET
cjfa-35411	90	16	study	study	NOUN
cjfa-35411	90	17	uses	use	VERB
cjfa-35411	90	18	company	company	NOUN
cjfa-35411	90	19	-	-	PUNCT
cjfa-35411	90	20	level	level	NOUN
cjfa-35411	90	21	data	datum	NOUN
cjfa-35411	90	22	consisting	consist	VERB
cjfa-35411	90	23	of	of	ADP
cjfa-35411	90	24	all	all	DET
cjfa-35411	90	25	oems	oem	NOUN
cjfa-35411	90	26	from	from	ADP
cjfa-35411	90	27	indian	indian	ADJ
cjfa-35411	90	28	automobile	automobile	NOUN
cjfa-35411	90	29	industry	industry	NOUN
cjfa-35411	90	30	listed	list	VERB
cjfa-35411	90	31	on	on	ADP
cjfa-35411	90	32	the	the	DET
cjfa-35411	90	33	bse	bse	NOUN
cjfa-35411	90	34	.	.	PUNCT
cjfa-35411	91	1	thirteen	thirteen	NUM
cjfa-35411	91	2	oems	oem	NOUN
cjfa-35411	91	3	from	from	ADP
cjfa-35411	91	4	the	the	DET
cjfa-35411	91	5	industry	industry	NOUN
cjfa-35411	91	6	were	be	AUX
cjfa-35411	91	7	listed	list	VERB
cjfa-35411	91	8	on	on	ADP
cjfa-35411	91	9	bse	bse	NOUN
cjfa-35411	91	10	as	as	ADP
cjfa-35411	91	11	on	on	ADP
cjfa-35411	91	12	april	april	PROPN
cjfa-35411	91	13	,	,	PUNCT
cjfa-35411	91	14	2020	2020	NUM
cjfa-35411	91	15	viz	viz	PROPN
cjfa-35411	91	16	.	.	PUNCT
cjfa-35411	92	1	ashok	ashok	PROPN
cjfa-35411	92	2	leyland	leyland	PROPN
cjfa-35411	92	3	ltd	ltd	PROPN
cjfa-35411	93	1	.	.	PROPN
cjfa-35411	93	2	,	,	PUNCT
cjfa-35411	93	3	atul	atul	PROPN
cjfa-35411	93	4	auto	auto	PROPN
cjfa-35411	93	5	ltd	ltd	PROPN
cjfa-35411	93	6	.	.	PROPN
cjfa-35411	93	7	,	,	PUNCT
cjfa-35411	93	8	bajaj	bajaj	PROPN
cjfa-35411	93	9	auto	auto	PROPN
cjfa-35411	93	10	ltd	ltd	PROPN
cjfa-35411	93	11	.	.	PROPN
cjfa-35411	93	12	,	,	PUNCT
cjfa-35411	93	13	eicher	eicher	PROPN
cjfa-35411	93	14	motors	motors	PROPN
cjfa-35411	93	15	ltd	ltd	PROPN
cjfa-35411	93	16	.	.	PROPN
cjfa-35411	93	17	,	,	PUNCT
cjfa-35411	93	18	force	force	PROPN
cjfa-35411	93	19	motors	motors	PROPN
cjfa-35411	93	20	ltd	ltd	PROPN
cjfa-35411	93	21	.	.	PROPN
cjfa-35411	93	22	,	,	PUNCT
cjfa-35411	93	23	hero	hero	PROPN
cjfa-35411	93	24	motocorp	motocorp	PROPN
cjfa-35411	93	25	ltd	ltd	PROPN
cjfa-35411	93	26	.	.	PROPN
cjfa-35411	93	27	,	,	PUNCT
cjfa-35411	93	28	hindustan	hindustan	PROPN
cjfa-35411	93	29	motors	motors	PROPN
cjfa-35411	93	30	ltd	ltd	PROPN
cjfa-35411	93	31	.	.	PROPN
cjfa-35411	93	32	,	,	PUNCT
cjfa-35411	93	33	mahindra	mahindra	PROPN
cjfa-35411	93	34	&	&	CCONJ
cjfa-35411	93	35	mahindra	mahindra	PROPN
cjfa-35411	93	36	ltd	ltd	PROPN
cjfa-35411	93	37	.	.	PROPN
cjfa-35411	93	38	,	,	PUNCT
cjfa-35411	93	39	maruti	maruti	PROPN
cjfa-35411	93	40	suzuki	suzuki	PROPN
cjfa-35411	93	41	india	india	PROPN
cjfa-35411	93	42	ltd	ltd	PROPN
cjfa-35411	93	43	.	.	PROPN
cjfa-35411	93	44	,	,	PUNCT
cjfa-35411	93	45	scooters	scooter	NOUN
cjfa-35411	93	46	india	india	PROPN
cjfa-35411	93	47	ltd	ltd	PROPN
cjfa-35411	93	48	.	.	PROPN
cjfa-35411	93	49	,	,	PUNCT
cjfa-35411	93	50	sml	sml	PROPN
cjfa-35411	93	51	isuzu	isuzu	PROPN
cjfa-35411	93	52	ltd	ltd	PROPN
cjfa-35411	93	53	.	.	PROPN
cjfa-35411	93	54	,tata	,tata	PUNCT
cjfa-35411	93	55	motors	motors	PROPN
cjfa-35411	93	56	ltd	ltd	PROPN
cjfa-35411	93	57	.	.	PROPN
cjfa-35411	93	58	,	,	PUNCT
cjfa-35411	93	59	and	and	CCONJ
cjfa-35411	93	60	tvs	tvs	PROPN
cjfa-35411	93	61	motor	motor	PROPN
cjfa-35411	93	62	co	co	PROPN
cjfa-35411	93	63	ltd	ltd	PROPN
cjfa-35411	93	64	.	.	PUNCT
cjfa-35411	94	1	these	these	DET
cjfa-35411	94	2	companies	company	NOUN
cjfa-35411	94	3	cover	cover	VERB
cjfa-35411	94	4	four	four	NUM
cjfa-35411	94	5	major	major	ADJ
cjfa-35411	94	6	segments	segment	NOUN
cjfa-35411	94	7	of	of	ADP
cjfa-35411	94	8	the	the	DET
cjfa-35411	94	9	industry	industry	NOUN
cjfa-35411	94	10	viz	viz	PROPN
cjfa-35411	94	11	.	.	PUNCT
cjfa-35411	95	1	commercial	commercial	ADJ
cjfa-35411	95	2	vehicles	vehicle	NOUN
cjfa-35411	95	3	,	,	PUNCT
cjfa-35411	95	4	passenger	passenger	NOUN
cjfa-35411	95	5	vehicles	vehicle	NOUN
cjfa-35411	95	6	,	,	PUNCT
cjfa-35411	95	7	two	two	NUM
cjfa-35411	95	8	-	-	PUNCT
cjfa-35411	95	9	wheelers	wheeler	NOUN
cjfa-35411	95	10	,	,	PUNCT
cjfa-35411	95	11	and	and	CCONJ
cjfa-35411	95	12	three	three	NUM
cjfa-35411	95	13	-	-	PUNCT
cjfa-35411	95	14	wheelers	wheeler	NOUN
cjfa-35411	95	15	.	.	PUNCT
cjfa-35411	96	1	these	these	DET
cjfa-35411	96	2	companies	company	NOUN
cjfa-35411	96	3	represent	represent	VERB
cjfa-35411	96	4	universe	universe	NOUN
cjfa-35411	96	5	in	in	ADP
cjfa-35411	96	6	the	the	DET
cjfa-35411	96	7	indian	indian	ADJ
cjfa-35411	96	8	context	context	NOUN
cjfa-35411	96	9	when	when	SCONJ
cjfa-35411	96	10	it	it	PRON
cjfa-35411	96	11	comes	come	VERB
cjfa-35411	96	12	to	to	ADP
cjfa-35411	96	13	the	the	DET
cjfa-35411	96	14	listed	list	VERB
cjfa-35411	96	15	companies	company	NOUN
cjfa-35411	96	16	.	.	PUNCT
cjfa-35411	97	1	the	the	DET
cjfa-35411	97	2	present	present	ADJ
cjfa-35411	97	3	study	study	NOUN
cjfa-35411	97	4	does	do	AUX
cjfa-35411	97	5	not	not	PART
cjfa-35411	97	6	take	take	VERB
cjfa-35411	97	7	into	into	ADP
cjfa-35411	97	8	consideration	consideration	NOUN
cjfa-35411	97	9	non	non	ADJ
cjfa-35411	97	10	-	-	ADJ
cjfa-35411	97	11	indian	indian	ADJ
cjfa-35411	97	12	origin	origin	NOUN
cjfa-35411	97	13	automobile	automobile	NOUN
cjfa-35411	97	14	manufacturing	manufacture	VERB
cjfa-35411	97	15	companies	company	NOUN
cjfa-35411	97	16	which	which	PRON
cjfa-35411	97	17	have	have	AUX
cjfa-35411	97	18	established	establish	VERB
cjfa-35411	97	19	their	their	PRON
cjfa-35411	97	20	subsidiaries	subsidiary	NOUN
cjfa-35411	97	21	in	in	ADP
cjfa-35411	97	22	india	india	PROPN
cjfa-35411	97	23	.	.	PUNCT
cjfa-35411	98	1	there	there	PRON
cjfa-35411	98	2	are	be	VERB
cjfa-35411	98	3	few	few	ADJ
cjfa-35411	98	4	other	other	ADJ
cjfa-35411	98	5	oems	oem	NOUN
cjfa-35411	98	6	from	from	ADP
cjfa-35411	98	7	automobile	automobile	NOUN
cjfa-35411	98	8	industry	industry	NOUN
cjfa-35411	98	9	in	in	ADP
cjfa-35411	98	10	india	india	PROPN
cjfa-35411	98	11	which	which	PRON
cjfa-35411	98	12	are	be	AUX
cjfa-35411	98	13	also	also	ADV
cjfa-35411	98	14	of	of	ADP
cjfa-35411	98	15	indian	indian	ADJ
cjfa-35411	98	16	origin	origin	NOUN
cjfa-35411	98	17	viz	viz	PROPN
cjfa-35411	98	18	.	.	PUNCT
cjfa-35411	99	1	asian	asian	PROPN
cjfa-35411	99	2	motor	motor	PROPN
cjfa-35411	99	3	works	work	NOUN
cjfa-35411	99	4	,	,	PUNCT
cjfa-35411	99	5	chinkara	chinkara	PROPN
cjfa-35411	99	6	motors	motors	PROPN
cjfa-35411	99	7	pvt	pvt	PROPN
cjfa-35411	99	8	.	.	PROPN
cjfa-35411	99	9	ltd	ltd	PROPN
cjfa-35411	99	10	.	.	PROPN
cjfa-35411	99	11	,	,	PUNCT
cjfa-35411	99	12	deccan	deccan	PROPN
cjfa-35411	99	13	auto	auto	PROPN
cjfa-35411	99	14	ltd	ltd	PROPN
cjfa-35411	99	15	.	.	PROPN
cjfa-35411	99	16	,	,	PUNCT
cjfa-35411	99	17	hradyesh	hradyesh	NOUN
cjfa-35411	99	18	,	,	PUNCT
cjfa-35411	99	19	and	and	CCONJ
cjfa-35411	99	20	js	js	ADP
cjfa-35411	99	21	auto	auto	PROPN
cjfa-35411	99	22	pvt	pvt	PROPN
cjfa-35411	99	23	.	.	PROPN
cjfa-35411	99	24	ltd	ltd	PROPN
cjfa-35411	99	25	.	.	PROPN
cjfa-35411	100	1	but	but	CCONJ
cjfa-35411	100	2	these	these	DET
cjfa-35411	100	3	companies	company	NOUN
cjfa-35411	100	4	are	be	AUX
cjfa-35411	100	5	not	not	PART
cjfa-35411	100	6	listed	list	VERB
cjfa-35411	100	7	on	on	ADP
cjfa-35411	100	8	either	either	CCONJ
cjfa-35411	100	9	bombay	bombay	PROPN
cjfa-35411	100	10	stock	stock	PROPN
cjfa-35411	100	11	exchange	exchange	PROPN
cjfa-35411	100	12	(	(	PUNCT
cjfa-35411	100	13	bse	bse	PROPN
cjfa-35411	100	14	)	)	PUNCT
cjfa-35411	100	15	or	or	CCONJ
cjfa-35411	100	16	national	national	ADJ
cjfa-35411	100	17	stock	stock	PROPN
cjfa-35411	100	18	exchange	exchange	PROPN
cjfa-35411	100	19	(	(	PUNCT
cjfa-35411	100	20	nse	nse	NOUN
cjfa-35411	100	21	)	)	PUNCT
cjfa-35411	100	22	.	.	PUNCT
cjfa-35411	101	1	as	as	ADP
cjfa-35411	101	2	a	a	DET
cjfa-35411	101	3	result	result	NOUN
cjfa-35411	101	4	,	,	PUNCT
cjfa-35411	101	5	their	their	PRON
cjfa-35411	101	6	financial	financial	ADJ
cjfa-35411	101	7	results	result	NOUN
cjfa-35411	101	8	are	be	AUX
cjfa-35411	101	9	not	not	PART
cjfa-35411	101	10	available	available	ADJ
cjfa-35411	101	11	.	.	PUNCT
cjfa-35411	102	1	out	out	ADP
cjfa-35411	102	2	of	of	ADP
cjfa-35411	102	3	the	the	DET
cjfa-35411	102	4	automobile	automobile	NOUN
cjfa-35411	102	5	companies	company	NOUN
cjfa-35411	102	6	listed	list	VERB
cjfa-35411	102	7	on	on	ADP
cjfa-35411	102	8	the	the	DET
cjfa-35411	102	9	bse	bse	NOUN
cjfa-35411	102	10	,	,	PUNCT
cjfa-35411	102	11	bajaj	bajaj	PROPN
cjfa-35411	102	12	auto	auto	PROPN
cjfa-35411	102	13	ltd	ltd	PROPN
cjfa-35411	102	14	.	.	PROPN
cjfa-35411	102	15	did	do	AUX
cjfa-35411	102	16	not	not	PART
cjfa-35411	102	17	form	form	VERB
cjfa-35411	102	18	part	part	NOUN
cjfa-35411	102	19	of	of	ADP
cjfa-35411	102	20	sample	sample	NOUN
cjfa-35411	102	21	of	of	ADP
cjfa-35411	102	22	the	the	DET
cjfa-35411	102	23	present	present	ADJ
cjfa-35411	102	24	study	study	NOUN
cjfa-35411	102	25	because	because	SCONJ
cjfa-35411	102	26	there	there	PRON
cjfa-35411	102	27	was	be	VERB
cjfa-35411	102	28	a	a	DET
cjfa-35411	102	29	demerger	demerger	NOUN
cjfa-35411	102	30	of	of	ADP
cjfa-35411	102	31	this	this	DET
cjfa-35411	102	32	company	company	NOUN
cjfa-35411	102	33	into	into	ADP
cjfa-35411	102	34	three	three	NUM
cjfa-35411	102	35	companies	company	NOUN
cjfa-35411	102	36	in	in	ADP
cjfa-35411	102	37	the	the	DET
cjfa-35411	102	38	year	year	NOUN
cjfa-35411	102	39	2007	2007	NUM
cjfa-35411	102	40	-	-	SYM
cjfa-35411	102	41	08	08	NUM
cjfa-35411	102	42	.	.	PUNCT
cjfa-35411	103	1	the	the	DET
cjfa-35411	103	2	business	business	NOUN
cjfa-35411	103	3	of	of	ADP
cjfa-35411	103	4	existing	exist	VERB
cjfa-35411	103	5	bajaj	bajaj	PROPN
cjfa-35411	103	6	auto	auto	PROPN
cjfa-35411	103	7	ltd	ltd	PROPN
cjfa-35411	103	8	.	.	PROPN
cjfa-35411	103	9	was	be	AUX
cjfa-35411	103	10	divided	divide	VERB
cjfa-35411	103	11	into	into	ADP
cjfa-35411	103	12	three	three	NUM
cjfa-35411	103	13	divisions	division	NOUN
cjfa-35411	103	14	’	'	PUNCT
cjfa-35411	103	15	viz	viz	PROPN
cjfa-35411	103	16	.	.	PUNCT
cjfa-35411	104	1	auto	auto	NOUN
cjfa-35411	104	2	business	business	NOUN
cjfa-35411	104	3	,	,	PUNCT
cjfa-35411	104	4	investment	investment	NOUN
cjfa-35411	104	5	business	business	NOUN
cjfa-35411	104	6	,	,	PUNCT
cjfa-35411	104	7	and	and	CCONJ
cjfa-35411	104	8	finance	finance	NOUN
cjfa-35411	104	9	business	business	NOUN
cjfa-35411	104	10	.	.	PUNCT
cjfa-35411	105	1	so	so	ADV
cjfa-35411	105	2	,	,	PUNCT
cjfa-35411	105	3	due	due	ADP
cjfa-35411	105	4	to	to	ADP
cjfa-35411	105	5	the	the	DET
cjfa-35411	105	6	non	non	ADJ
cjfa-35411	105	7	availability	availability	NOUN
cjfa-35411	105	8	of	of	ADP
cjfa-35411	105	9	consistent	consistent	ADJ
cjfa-35411	105	10	data	datum	NOUN
cjfa-35411	105	11	of	of	ADP
cjfa-35411	105	12	the	the	DET
cjfa-35411	105	13	auto	auto	NOUN
cjfa-35411	105	14	business	business	NOUN
cjfa-35411	105	15	of	of	ADP
cjfa-35411	105	16	the	the	DET
cjfa-35411	105	17	company	company	NOUN
cjfa-35411	105	18	throughout	throughout	ADP
cjfa-35411	105	19	the	the	DET
cjfa-35411	105	20	study	study	NOUN
cjfa-35411	105	21	period	period	NOUN
cjfa-35411	105	22	,	,	PUNCT
cjfa-35411	105	23	it	it	PRON
cjfa-35411	105	24	was	be	AUX
cjfa-35411	105	25	not	not	PART
cjfa-35411	105	26	possible	possible	ADJ
cjfa-35411	105	27	to	to	PART
cjfa-35411	105	28	include	include	VERB
cjfa-35411	105	29	this	this	DET
cjfa-35411	105	30	company	company	NOUN
cjfa-35411	105	31	in	in	ADP
cjfa-35411	105	32	the	the	DET
cjfa-35411	105	33	sample	sample	NOUN
cjfa-35411	105	34	of	of	ADP
cjfa-35411	105	35	this	this	PRON
cjfa-35411	105	36	study.also	study.also	ADP
cjfa-35411	105	37	,	,	PUNCT
cjfa-35411	105	38	till	till	SCONJ
cjfa-35411	105	39	the	the	DET
cjfa-35411	105	40	year	year	NOUN
cjfa-35411	105	41	2016	2016	NUM
cjfa-35411	105	42	lml	lml	PROPN
cjfa-35411	105	43	ltd	ltd	PROPN
cjfa-35411	105	44	.	.	PROPN
cjfa-35411	105	45	completely	completely	ADV
cjfa-35411	105	46	shut	shut	VERB
cjfa-35411	105	47	down	down	ADP
cjfa-35411	105	48	its	its	PRON
cjfa-35411	105	49	operations	operation	NOUN
cjfa-35411	105	50	in	in	ADP
cjfa-35411	105	51	march	march	PROPN
cjfa-35411	105	52	,	,	PUNCT
cjfa-35411	105	53	2018	2018	NUM
cjfa-35411	105	54	.	.	PUNCT
cjfa-35411	106	1	so	so	ADV
cjfa-35411	106	2	,	,	PUNCT
cjfa-35411	106	3	twelve	twelve	NUM
cjfa-35411	106	4	companies	company	NOUN
cjfa-35411	106	5	formed	form	VERB
cjfa-35411	106	6	a	a	DET
cjfa-35411	106	7	part	part	NOUN
cjfa-35411	106	8	of	of	ADP
cjfa-35411	106	9	the	the	DET
cjfa-35411	106	10	final	final	ADJ
cjfa-35411	106	11	sample	sample	NOUN
cjfa-35411	106	12	for	for	ADP
cjfa-35411	106	13	the	the	DET
cjfa-35411	106	14	present	present	ADJ
cjfa-35411	106	15	study	study	NOUN
cjfa-35411	106	16	.	.	PUNCT
cjfa-35411	107	1	list	list	NOUN
cjfa-35411	107	2	of	of	ADP
cjfa-35411	107	3	companies	company	NOUN
cjfa-35411	107	4	listed	list	VERB
cjfa-35411	107	5	on	on	ADP
cjfa-35411	107	6	the	the	DET
cjfa-35411	107	7	bse	bse	NOUN
cjfa-35411	107	8	as	as	ADP
cjfa-35411	107	9	on	on	ADP
cjfa-35411	107	10	april	april	PROPN
cjfa-35411	107	11	2020	2020	NUM
cjfa-35411	107	12	is	be	AUX
cjfa-35411	107	13	presented	present	VERB
cjfa-35411	107	14	in	in	ADP
cjfa-35411	107	15	table	table	NOUN
cjfa-35411	107	16	1	1	NUM
cjfa-35411	107	17	.	.	PUNCT
cjfa-35411	107	18	navleen	navleen	PROPN
cjfa-35411	107	19	kaur16	kaur16	PROPN
cjfa-35411	107	20	table	table	PROPN
cjfa-35411	107	21	1	1	NUM
cjfa-35411	107	22	.	.	PUNCT
cjfa-35411	107	23	automobile	automobile	NOUN
cjfa-35411	107	24	manufacturers	manufacturer	NOUN
cjfa-35411	107	25	listed	list	VERB
cjfa-35411	107	26	on	on	ADP
cjfa-35411	107	27	bombay	bombay	PROPN
cjfa-35411	107	28	stock	stock	PROPN
cjfa-35411	107	29	exchange	exchange	PROPN
cjfa-35411	107	30	of	of	ADP
cjfa-35411	107	31	india	india	PROPN
cjfa-35411	107	32	as	as	ADP
cjfa-35411	107	33	on	on	ADP
cjfa-35411	107	34	april	april	PROPN
cjfa-35411	107	35	,	,	PUNCT
cjfa-35411	107	36	2020	2020	NUM
cjfa-35411	108	1	s.	s.	PROPN
cjfa-35411	108	2	no	no	INTJ
cjfa-35411	108	3	.	.	PUNCT
cjfa-35411	108	4	name	name	NOUN
cjfa-35411	108	5	of	of	ADP
cjfa-35411	108	6	company	company	NOUN
cjfa-35411	108	7	year	year	NOUN
cjfa-35411	108	8	of	of	ADP
cjfa-35411	108	9	incorporation	incorporation	NOUN
cjfa-35411	108	10	bse	bse	NOUN
cjfa-35411	108	11	code	code	NOUN
cjfa-35411	108	12	1	1	NUM
cjfa-35411	108	13	ashok	ashok	PROPN
cjfa-35411	108	14	leyland	leyland	PROPN
cjfa-35411	108	15	ltd	ltd	PROPN
cjfa-35411	108	16	.	.	PROPN
cjfa-35411	108	17	1948	1948	NUM
cjfa-35411	108	18	500477	500477	NUM
cjfa-35411	108	19	2	2	NUM
cjfa-35411	108	20	tata	tata	PROPN
cjfa-35411	108	21	motors	motors	PROPN
cjfa-35411	108	22	ltd	ltd	PROPN
cjfa-35411	108	23	.	.	PROPN
cjfa-35411	108	24	1945	1945	NUM
cjfa-35411	108	25	500570	500570	NUM
cjfa-35411	108	26	3	3	NUM
cjfa-35411	108	27	sml	sml	PROPN
cjfa-35411	108	28	isuzu	isuzu	PROPN
cjfa-35411	108	29	ltd	ltd	PROPN
cjfa-35411	108	30	.	.	PROPN
cjfa-35411	108	31	1983	1983	NUM
cjfa-35411	108	32	505192	505192	NUM
cjfa-35411	108	33	4	4	NUM
cjfa-35411	108	34	atul	atul	PROPN
cjfa-35411	108	35	auto	auto	PROPN
cjfa-35411	108	36	ltd	ltd	PROPN
cjfa-35411	108	37	.	.	PROPN
cjfa-35411	108	38	1986	1986	NUM
cjfa-35411	108	39	531795	531795	NUM
cjfa-35411	108	40	5	5	NUM
cjfa-35411	108	41	scooters	scooter	NOUN
cjfa-35411	108	42	india	india	PROPN
cjfa-35411	108	43	ltd	ltd	PROPN
cjfa-35411	108	44	.	.	PROPN
cjfa-35411	108	45	1972	1972	NUM
cjfa-35411	108	46	505141	505141	NUM
cjfa-35411	108	47	6	6	NUM
cjfa-35411	108	48	bajaj	bajaj	PROPN
cjfa-35411	108	49	auto	auto	PROPN
cjfa-35411	108	50	ltd	ltd	PROPN
cjfa-35411	108	51	.	.	PROPN
cjfa-35411	109	1	may	may	AUX
cjfa-35411	109	2	,	,	PUNCT
cjfa-35411	109	3	2008	2008	NUM
cjfa-35411	109	4	(	(	PUNCT
cjfa-35411	109	5	not	not	PART
cjfa-35411	109	6	included	include	VERB
cjfa-35411	109	7	in	in	ADP
cjfa-35411	109	8	the	the	DET
cjfa-35411	109	9	present	present	ADJ
cjfa-35411	109	10	study	study	NOUN
cjfa-35411	109	11	,	,	PUNCT
cjfa-35411	109	12	due	due	ADP
cjfa-35411	109	13	to	to	ADP
cjfa-35411	109	14	demerger	demerger	NOUN
cjfa-35411	109	15	)	)	PUNCT
cjfa-35411	109	16	532977	532977	NUM
cjfa-35411	109	17	7	7	NUM
cjfa-35411	109	18	eicher	eicher	PROPN
cjfa-35411	109	19	motors	motors	PROPN
cjfa-35411	109	20	ltd	ltd	PROPN
cjfa-35411	109	21	.	.	PROPN
cjfa-35411	109	22	1982	1982	NUM
cjfa-35411	109	23	505200	505200	NUM
cjfa-35411	109	24	8	8	NUM
cjfa-35411	109	25	hero	hero	NOUN
cjfa-35411	109	26	motocorp	motocorp	PROPN
cjfa-35411	109	27	ltd	ltd	PROPN
cjfa-35411	109	28	.	.	PROPN
cjfa-35411	109	29	1984	1984	NUM
cjfa-35411	109	30	500182	500182	NUM
cjfa-35411	109	31	9	9	NUM
cjfa-35411	109	32	tvs	tvs	PROPN
cjfa-35411	109	33	motor	motor	PROPN
cjfa-35411	109	34	co.	co.	PROPN
cjfa-35411	109	35	ltd	ltd	PROPN
cjfa-35411	109	36	.	.	PROPN
cjfa-35411	110	1	1911	1911	NUM
cjfa-35411	110	2	532343	532343	NUM
cjfa-35411	110	3	10	10	NUM
cjfa-35411	110	4	force	force	PROPN
cjfa-35411	110	5	motors	motors	PROPN
cjfa-35411	110	6	ltd	ltd	PROPN
cjfa-35411	110	7	.	.	PROPN
cjfa-35411	110	8	1958	1958	NUM
cjfa-35411	110	9	500033	500033	NUM
cjfa-35411	110	10	11	11	NUM
cjfa-35411	110	11	hindustan	hindustan	PROPN
cjfa-35411	110	12	motors	motors	PROPN
cjfa-35411	110	13	ltd	ltd	PROPN
cjfa-35411	110	14	.	.	PROPN
cjfa-35411	110	15	1942	1942	NUM
cjfa-35411	110	16	500500	500500	NUM
cjfa-35411	110	17	12	12	NUM
cjfa-35411	110	18	maruti	maruti	PROPN
cjfa-35411	110	19	suzuki	suzuki	PROPN
cjfa-35411	110	20	india	india	PROPN
cjfa-35411	110	21	ltd	ltd	PROPN
cjfa-35411	110	22	.	.	PROPN
cjfa-35411	110	23	1981	1981	NUM
cjfa-35411	110	24	532500	532500	NUM
cjfa-35411	110	25	13	13	NUM
cjfa-35411	110	26	mahindra	mahindra	PROPN
cjfa-35411	110	27	&	&	CCONJ
cjfa-35411	110	28	mahindra	mahindra	PROPN
cjfa-35411	110	29	ltd	ltd	PROPN
cjfa-35411	110	30	.	.	PROPN
cjfa-35411	111	1	1945	1945	NUM
cjfa-35411	111	2	500520	500520	NUM
cjfa-35411	111	3	s	s	PART
cjfa-35411	111	4	o	o	NOUN
cjfa-35411	111	5	u	u	NOUN
cjfa-35411	111	6	r	r	NOUN
cjfa-35411	111	7	c	c	NOUN
cjfa-35411	111	8	e	e	NOUN
cjfa-35411	111	9	:	:	PUNCT
cjfa-35411	111	10	website	website	NOUN
cjfa-35411	111	11	of	of	ADP
cjfa-35411	111	12	the	the	DET
cjfa-35411	111	13	bombay	bombay	PROPN
cjfa-35411	111	14	stock	stock	PROPN
cjfa-35411	111	15	exchange	exchange	PROPN
cjfa-35411	111	16	,	,	PUNCT
cjfa-35411	111	17	india	india	PROPN
cjfa-35411	111	18	,	,	PUNCT
cjfa-35411	111	19	www.bseindia.com	www.bseindia.com	PROPN
cjfa-35411	111	20	.	.	PUNCT
cjfa-35411	112	1	the	the	DET
cjfa-35411	112	2	study	study	NOUN
cjfa-35411	112	3	covers	cover	VERB
cjfa-35411	112	4	the	the	DET
cjfa-35411	112	5	time	time	NOUN
cjfa-35411	112	6	period	period	NOUN
cjfa-35411	112	7	from	from	ADP
cjfa-35411	112	8	2003	2003	NUM
cjfa-35411	112	9	-	-	SYM
cjfa-35411	112	10	04	04	NUM
cjfa-35411	112	11	to	to	ADP
cjfa-35411	112	12	2017	2017	NUM
cjfa-35411	112	13	-	-	SYM
cjfa-35411	112	14	18	18	NUM
cjfa-35411	112	15	.	.	PUNCT
cjfa-35411	113	1	the	the	DET
cjfa-35411	113	2	financial	financial	ADJ
cjfa-35411	113	3	year	year	NOUN
cjfa-35411	113	4	2003	2003	NUM
cjfa-35411	113	5	-	-	SYM
cjfa-35411	113	6	04	04	NUM
cjfa-35411	113	7	is	be	AUX
cjfa-35411	113	8	selected	select	VERB
cjfa-35411	113	9	as	as	ADP
cjfa-35411	113	10	the	the	DET
cjfa-35411	113	11	beginning	beginning	ADJ
cjfa-35411	113	12	year	year	NOUN
cjfa-35411	113	13	for	for	ADP
cjfa-35411	113	14	the	the	DET
cjfa-35411	113	15	time	time	NOUN
cjfa-35411	113	16	period	period	NOUN
cjfa-35411	113	17	of	of	ADP
cjfa-35411	113	18	this	this	DET
cjfa-35411	113	19	study	study	NOUN
cjfa-35411	113	20	because	because	SCONJ
cjfa-35411	113	21	government	government	NOUN
cjfa-35411	113	22	of	of	ADP
cjfa-35411	113	23	india	india	PROPN
cjfa-35411	113	24	launched	launch	VERB
cjfa-35411	113	25	and	and	CCONJ
cjfa-35411	113	26	implemented	implement	VERB
cjfa-35411	113	27	its	its	PRON
cjfa-35411	113	28	first	first	ADJ
cjfa-35411	113	29	comprehensive	comprehensive	ADJ
cjfa-35411	113	30	policy	policy	NOUN
cjfa-35411	113	31	framework	framework	NOUN
cjfa-35411	113	32	named	name	VERB
cjfa-35411	113	33	‘	'	PUNCT
cjfa-35411	113	34	auto	auto	NOUN
cjfa-35411	113	35	policy	policy	NOUN
cjfa-35411	113	36	,	,	PUNCT
cjfa-35411	113	37	2002	2002	NUM
cjfa-35411	113	38	’	'	PUNCT
cjfa-35411	113	39	for	for	ADP
cjfa-35411	113	40	automobile	automobile	NOUN
cjfa-35411	113	41	industry	industry	NOUN
cjfa-35411	113	42	of	of	ADP
cjfa-35411	113	43	the	the	DET
cjfa-35411	113	44	country	country	NOUN
cjfa-35411	113	45	in	in	ADP
cjfa-35411	113	46	the	the	DET
cjfa-35411	113	47	year	year	NOUN
cjfa-35411	113	48	2002	2002	NUM
cjfa-35411	113	49	which	which	PRON
cjfa-35411	113	50	resulted	result	VERB
cjfa-35411	113	51	into	into	ADP
cjfa-35411	113	52	major	major	ADJ
cjfa-35411	113	53	changes	change	NOUN
cjfa-35411	113	54	in	in	ADP
cjfa-35411	113	55	the	the	DET
cjfa-35411	113	56	industry	industry	NOUN
cjfa-35411	113	57	.	.	PUNCT
cjfa-35411	114	1	annual	annual	ADJ
cjfa-35411	114	2	reports	report	NOUN
cjfa-35411	114	3	of	of	ADP
cjfa-35411	114	4	the	the	DET
cjfa-35411	114	5	sample	sample	NOUN
cjfa-35411	114	6	companies	company	NOUN
cjfa-35411	114	7	,	,	PUNCT
cjfa-35411	114	8	prowess	prowess	NOUN
cjfa-35411	114	9	database	database	NOUN
cjfa-35411	114	10	of	of	ADP
cjfa-35411	114	11	centre	centre	NOUN
cjfa-35411	114	12	of	of	ADP
cjfa-35411	114	13	monitoring	monitor	VERB
cjfa-35411	114	14	indian	indian	ADJ
cjfa-35411	114	15	economy	economy	NOUN
cjfa-35411	114	16	and	and	CCONJ
cjfa-35411	114	17	ace	ace	VERB
cjfa-35411	114	18	equity	equity	NOUN
cjfa-35411	114	19	database	database	NOUN
cjfa-35411	114	20	of	of	ADP
cjfa-35411	114	21	accord	accord	NOUN
cjfa-35411	114	22	fintech	fintech	PROPN
cjfa-35411	114	23	private	private	ADJ
cjfa-35411	114	24	limited	limit	VERB
cjfa-35411	114	25	were	be	AUX
cjfa-35411	114	26	utilized	utilize	VERB
cjfa-35411	114	27	for	for	ADP
cjfa-35411	114	28	the	the	DET
cjfa-35411	114	29	purpose	purpose	NOUN
cjfa-35411	114	30	of	of	ADP
cjfa-35411	114	31	data	datum	NOUN
cjfa-35411	114	32	collection	collection	NOUN
cjfa-35411	114	33	for	for	ADP
cjfa-35411	114	34	the	the	DET
cjfa-35411	114	35	present	present	ADJ
cjfa-35411	114	36	study	study	NOUN
cjfa-35411	114	37	.	.	PUNCT
cjfa-35411	115	1	selected	select	VERB
cjfa-35411	115	2	variables	variable	NOUN
cjfa-35411	115	3	and	and	CCONJ
cjfa-35411	115	4	formulae	formulae	NOUN
cjfa-35411	115	5	used	use	VERB
cjfa-35411	115	6	for	for	ADP
cjfa-35411	115	7	their	their	PRON
cjfa-35411	115	8	computation	computation	NOUN
cjfa-35411	115	9	are	be	AUX
cjfa-35411	115	10	shown	show	VERB
cjfa-35411	115	11	in	in	ADP
cjfa-35411	115	12	table	table	NOUN
cjfa-35411	115	13	2	2	NUM
cjfa-35411	115	14	.	.	PUNCT
cjfa-35411	115	15	determinants	determinant	NOUN
cjfa-35411	115	16	of	of	ADP
cjfa-35411	115	17	dividend	dividend	NOUN
cjfa-35411	115	18	payout	payout	NOUN
cjfa-35411	115	19	decisions	decision	NOUN
cjfa-35411	115	20	…	…	PUNCT
cjfa-35411	115	21	17	17	NUM
cjfa-35411	115	22	table	table	NOUN
cjfa-35411	115	23	2	2	NUM
cjfa-35411	115	24	.	.	PUNCT
cjfa-35411	116	1	variables	variable	NOUN
cjfa-35411	116	2	and	and	CCONJ
cjfa-35411	116	3	formulae	formulae	NOUN
cjfa-35411	116	4	used	use	VERB
cjfa-35411	116	5	for	for	ADP
cjfa-35411	116	6	their	their	PRON
cjfa-35411	116	7	computation	computation	NOUN
cjfa-35411	116	8	variable	variable	NOUN
cjfa-35411	116	9	proxy	proxy	NOUN
cjfa-35411	116	10	symbol	symbol	NOUN
cjfa-35411	116	11	formula	formula	NOUN
cjfa-35411	116	12	literature	literature	NOUN
cjfa-35411	116	13	dividend	dividend	NOUN
cjfa-35411	116	14	payout	payout	PROPN
cjfa-35411	116	15	dividend	dividend	NOUN
cjfa-35411	116	16	payout	payout	NOUN
cjfa-35411	116	17	ratio	ratio	NOUN
cjfa-35411	116	18	dpr	dpr	PROPN
cjfa-35411	116	19	(	(	PUNCT
cjfa-35411	116	20	total	total	ADJ
cjfa-35411	116	21	dividend	dividend	NOUN
cjfa-35411	116	22	to	to	ADP
cjfa-35411	116	23	equity	equity	NOUN
cjfa-35411	116	24	shareholders/	shareholders/	PROPN
cjfa-35411	116	25	total	total	ADJ
cjfa-35411	116	26	net	net	ADJ
cjfa-35411	116	27	profit	profit	NOUN
cjfa-35411	116	28	belonging	belong	VERB
cjfa-35411	116	29	to	to	ADP
cjfa-35411	116	30	equity	equity	NOUN
cjfa-35411	116	31	shareholders	shareholder	NOUN
cjfa-35411	116	32	)	)	PUNCT
cjfa-35411	116	33	*	*	PUNCT
cjfa-35411	116	34	100	100	NUM
cjfa-35411	116	35	khan	khan	PROPN
cjfa-35411	116	36	and	and	CCONJ
cjfa-35411	116	37	jain	jain	PROPN
cjfa-35411	116	38	,	,	PUNCT
cjfa-35411	116	39	2011	2011	NUM
cjfa-35411	116	40	profitability	profitability	NOUN
cjfa-35411	116	41	return	return	NOUN
cjfa-35411	116	42	on	on	ADP
cjfa-35411	116	43	capital	capital	NOUN
cjfa-35411	116	44	employed	employ	VERB
cjfa-35411	116	45	roce	roce	NOUN
cjfa-35411	116	46	(	(	PUNCT
cjfa-35411	116	47	profit	profit	NOUN
cjfa-35411	116	48	before	before	ADP
cjfa-35411	116	49	interest	interest	NOUN
cjfa-35411	116	50	and	and	CCONJ
cjfa-35411	116	51	tax/	tax/	PRON
cjfa-35411	116	52	average	average	ADJ
cjfa-35411	116	53	capital	capital	NOUN
cjfa-35411	116	54	employed)*100	employed)*100	PROPN
cjfa-35411	116	55	tulsian	tulsian	NOUN
cjfa-35411	116	56	,	,	PUNCT
cjfa-35411	116	57	2009	2009	NUM
cjfa-35411	116	58	liquidity	liquidity	NOUN
cjfa-35411	116	59	quick	quick	ADJ
cjfa-35411	116	60	ratio	ratio	NOUN
cjfa-35411	116	61	qr	qr	PROPN
cjfa-35411	116	62	liquid	liquid	VERB
cjfa-35411	116	63	assets/	assets/	NUM
cjfa-35411	116	64	current	current	ADJ
cjfa-35411	116	65	liabilities	liability	NOUN
cjfa-35411	116	66	bostanciet	bostanciet	NOUN
cjfa-35411	116	67	et	et	PROPN
cjfa-35411	116	68	al	al	PROPN
cjfa-35411	116	69	.	.	PROPN
cjfa-35411	116	70	,	,	PUNCT
cjfa-35411	116	71	2018	2018	NUM
cjfa-35411	116	72	size	size	NOUN
cjfa-35411	116	73	log	log	NOUN
cjfa-35411	116	74	of	of	ADP
cjfa-35411	116	75	total	total	ADJ
cjfa-35411	116	76	assets	asset	NOUN
cjfa-35411	116	77	size	size	NOUN
cjfa-35411	116	78	ln(total	ln(total	ADJ
cjfa-35411	116	79	assets	asset	NOUN
cjfa-35411	116	80	)	)	PUNCT
cjfa-35411	116	81	thirumagal	thirumagal	ADJ
cjfa-35411	116	82	and	and	CCONJ
cjfa-35411	116	83	vasantha	vasantha	NOUN
cjfa-35411	116	84	,	,	PUNCT
cjfa-35411	116	85	2017	2017	NUM
cjfa-35411	116	86	book	book	NOUN
cjfa-35411	116	87	value	value	NOUN
cjfa-35411	116	88	per	per	ADP
cjfa-35411	116	89	share	share	NOUN
cjfa-35411	116	90	book	book	NOUN
cjfa-35411	116	91	value	value	NOUN
cjfa-35411	116	92	per	per	ADP
cjfa-35411	116	93	share	share	NOUN
cjfa-35411	116	94	bv	bv	PROPN
cjfa-35411	116	95	(	(	PUNCT
cjfa-35411	116	96	equity	equity	NOUN
cjfa-35411	116	97	capital	capital	NOUN
cjfa-35411	116	98	+	+	CCONJ
cjfa-35411	116	99	reserves	reserve	NOUN
cjfa-35411	116	100	–	–	PUNCT
cjfa-35411	116	101	debit	debit	NOUN
cjfa-35411	116	102	balance	balance	NOUN
cjfa-35411	116	103	of	of	ADP
cjfa-35411	116	104	profit	profit	NOUN
cjfa-35411	116	105	&	&	CCONJ
cjfa-35411	116	106	loss	loss	NOUN
cjfa-35411	116	107	)	)	PUNCT
cjfa-35411	116	108	/	/	SYM
cjfa-35411	116	109	total	total	ADJ
cjfa-35411	116	110	number	number	NOUN
cjfa-35411	116	111	of	of	ADP
cjfa-35411	116	112	equity	equity	NOUN
cjfa-35411	116	113	shares	share	NOUN
cjfa-35411	116	114	malhotra	malhotra	PROPN
cjfa-35411	116	115	and	and	CCONJ
cjfa-35411	116	116	tandon	tandon	PROPN
cjfa-35411	116	117	,	,	PUNCT
cjfa-35411	116	118	2013	2013	NUM
cjfa-35411	116	119	tangibility	tangibility	NOUN
cjfa-35411	116	120	of	of	ADP
cjfa-35411	116	121	assets	asset	NOUN
cjfa-35411	116	122	tangibility	tangibility	NOUN
cjfa-35411	116	123	of	of	ADP
cjfa-35411	116	124	assets	asset	NOUN
cjfa-35411	116	125	toa	toa	NOUN
cjfa-35411	116	126	(	(	PUNCT
cjfa-35411	116	127	total	total	ADJ
cjfa-35411	116	128	assets	asset	NOUN
cjfa-35411	116	129	-	-	PUNCT
cjfa-35411	116	130	current	current	ADJ
cjfa-35411	116	131	assets)/	assets)/	NOUN
cjfa-35411	116	132	total	total	ADJ
cjfa-35411	116	133	assets	asset	NOUN
cjfa-35411	116	134	pinto	pinto	NOUN
cjfa-35411	116	135	and	and	CCONJ
cjfa-35411	116	136	rastogi	rastogi	NOUN
cjfa-35411	116	137	,	,	PUNCT
cjfa-35411	116	138	2019	2019	NUM
cjfa-35411	116	139	leverage	leverage	NOUN
cjfa-35411	116	140	debt	debt	NOUN
cjfa-35411	116	141	-	-	PUNCT
cjfa-35411	116	142	equity	equity	NOUN
cjfa-35411	116	143	ratio	ratio	NOUN
cjfa-35411	116	144	der	der	NOUN
cjfa-35411	116	145	total	total	ADJ
cjfa-35411	116	146	debt	debt	NOUN
cjfa-35411	116	147	/	/	SYM
cjfa-35411	116	148	shareholder	shareholder	NOUN
cjfa-35411	116	149	’s	’s	PART
cjfa-35411	116	150	equity	equity	NOUN
cjfa-35411	116	151	horne	horne	PROPN
cjfa-35411	116	152	and	and	CCONJ
cjfa-35411	116	153	wachowicz	wachowicz	NOUN
cjfa-35411	116	154	(	(	PUNCT
cjfa-35411	116	155	2001	2001	NUM
cjfa-35411	116	156	)	)	PUNCT
cjfa-35411	116	157	price	price	NOUN
cjfa-35411	116	158	earnings	earning	NOUN
cjfa-35411	116	159	ratio	ratio	NOUN
cjfa-35411	116	160	price	price	NOUN
cjfa-35411	116	161	earnings	earning	NOUN
cjfa-35411	116	162	ratio	ratio	NOUN
cjfa-35411	116	163	per	per	ADP
cjfa-35411	116	164	market	market	NOUN
cjfa-35411	116	165	price	price	NOUN
cjfa-35411	116	166	per	per	ADP
cjfa-35411	116	167	share	share	NOUN
cjfa-35411	116	168	/	/	SYM
cjfa-35411	116	169	earnings	earning	NOUN
cjfa-35411	116	170	per	per	ADP
cjfa-35411	116	171	share	share	NOUN
cjfa-35411	116	172	sinha	sinha	NOUN
cjfa-35411	116	173	,	,	PUNCT
cjfa-35411	116	174	2012	2012	NUM
cjfa-35411	116	175	s	s	PART
cjfa-35411	116	176	o	o	X
cjfa-35411	116	177	u	u	NOUN
cjfa-35411	116	178	r	r	NOUN
cjfa-35411	116	179	c	c	NOUN
cjfa-35411	116	180	e	e	NOUN
cjfa-35411	116	181	:	:	PUNCT
cjfa-35411	116	182	based	base	VERB
cjfa-35411	116	183	on	on	ADP
cjfa-35411	116	184	the	the	DET
cjfa-35411	116	185	review	review	NOUN
cjfa-35411	116	186	of	of	ADP
cjfa-35411	116	187	previous	previous	ADJ
cjfa-35411	116	188	studies	study	NOUN
cjfa-35411	116	189	.	.	PUNCT
cjfa-35411	117	1	tools	tool	NOUN
cjfa-35411	117	2	used	use	VERB
cjfa-35411	117	3	for	for	ADP
cjfa-35411	117	4	analysis	analysis	NOUN
cjfa-35411	117	5	to	to	PART
cjfa-35411	117	6	identify	identify	VERB
cjfa-35411	117	7	and	and	CCONJ
cjfa-35411	117	8	analyze	analyze	VERB
cjfa-35411	117	9	the	the	DET
cjfa-35411	117	10	variables	variable	NOUN
cjfa-35411	117	11	that	that	PRON
cjfa-35411	117	12	significantly	significantly	ADV
cjfa-35411	117	13	affect	affect	VERB
cjfa-35411	117	14	dividend	dividend	NOUN
cjfa-35411	117	15	payout	payout	NOUN
cjfa-35411	117	16	decisions	decision	NOUN
cjfa-35411	117	17	of	of	ADP
cjfa-35411	117	18	the	the	DET
cjfa-35411	117	19	sample	sample	NOUN
cjfa-35411	117	20	companies	company	NOUN
cjfa-35411	117	21	during	during	ADP
cjfa-35411	117	22	the	the	DET
cjfa-35411	117	23	study	study	NOUN
cjfa-35411	117	24	period	period	NOUN
cjfa-35411	117	25	ordinary	ordinary	ADJ
cjfa-35411	117	26	least	least	ADJ
cjfa-35411	117	27	square	square	ADJ
cjfa-35411	117	28	(	(	PUNCT
cjfa-35411	117	29	ols	ol	NOUN
cjfa-35411	117	30	)	)	PUNCT
cjfa-35411	117	31	regression	regression	NOUN
cjfa-35411	117	32	and	and	CCONJ
cjfa-35411	117	33	static	static	ADJ
cjfa-35411	117	34	panel	panel	NOUN
cjfa-35411	117	35	data	datum	NOUN
cjfa-35411	117	36	regression	regression	NOUN
cjfa-35411	117	37	including	include	VERB
cjfa-35411	117	38	fixed	fix	VERB
cjfa-35411	117	39	effects	effect	NOUN
cjfa-35411	117	40	model	model	NOUN
cjfa-35411	117	41	(	(	PUNCT
cjfa-35411	117	42	fem	fem	NOUN
cjfa-35411	117	43	)	)	PUNCT
cjfa-35411	117	44	and	and	CCONJ
cjfa-35411	117	45	random	random	ADJ
cjfa-35411	117	46	effects	effect	NOUN
cjfa-35411	117	47	model	model	NOUN
cjfa-35411	117	48	(	(	PUNCT
cjfa-35411	117	49	rem	rem	NOUN
cjfa-35411	117	50	)	)	PUNCT
cjfa-35411	117	51	were	be	AUX
cjfa-35411	117	52	used	use	VERB
cjfa-35411	117	53	.	.	PUNCT
cjfa-35411	118	1	first	first	ADV
cjfa-35411	118	2	of	of	ADP
cjfa-35411	118	3	all	all	PRON
cjfa-35411	118	4	,	,	PUNCT
cjfa-35411	118	5	breusch	breusch	NOUN
cjfa-35411	118	6	and	and	CCONJ
cjfa-35411	118	7	pagan	pagan	VERB
cjfa-35411	118	8	lagrangian	lagrangian	ADJ
cjfa-35411	118	9	multiplier	multipli	ADJ
cjfa-35411	118	10	test	test	NOUN
cjfa-35411	118	11	was	be	AUX
cjfa-35411	118	12	applied	apply	VERB
cjfa-35411	118	13	to	to	PART
cjfa-35411	118	14	select	select	VERB
cjfa-35411	118	15	between	between	ADP
cjfa-35411	118	16	ols	ol	NOUN
cjfa-35411	118	17	regression	regression	NOUN
cjfa-35411	118	18	,	,	PUNCT
cjfa-35411	118	19	and	and	CCONJ
cjfa-35411	118	20	random	random	ADJ
cjfa-35411	118	21	effects	effect	NOUN
cjfa-35411	118	22	regression	regression	NOUN
cjfa-35411	118	23	.	.	PUNCT
cjfa-35411	119	1	the	the	DET
cjfa-35411	119	2	result	result	NOUN
cjfa-35411	119	3	of	of	ADP
cjfa-35411	119	4	the	the	DET
cjfa-35411	119	5	test	test	NOUN
cjfa-35411	119	6	indicated	indicate	VERB
cjfa-35411	119	7	the	the	DET
cjfa-35411	119	8	presence	presence	NOUN
cjfa-35411	119	9	of	of	ADP
cjfa-35411	119	10	significant	significant	ADJ
cjfa-35411	119	11	random	random	ADJ
cjfa-35411	119	12	effects	effect	NOUN
cjfa-35411	119	13	.	.	PUNCT
cjfa-35411	120	1	as	as	ADP
cjfa-35411	120	2	a	a	DET
cjfa-35411	120	3	next	next	ADJ
cjfa-35411	120	4	step	step	NOUN
cjfa-35411	120	5	,	,	PUNCT
cjfa-35411	120	6	fixed	fix	VERB
cjfa-35411	120	7	effects	effect	NOUN
cjfa-35411	120	8	regression	regression	NOUN
cjfa-35411	120	9	was	be	AUX
cjfa-35411	120	10	run	run	VERB
cjfa-35411	120	11	which	which	PRON
cjfa-35411	120	12	indicated	indicate	VERB
cjfa-35411	120	13	that	that	SCONJ
cjfa-35411	120	14	no	no	DET
cjfa-35411	120	15	significant	significant	ADJ
cjfa-35411	120	16	fixed	fix	VERB
cjfa-35411	120	17	effects	effect	NOUN
cjfa-35411	120	18	were	be	AUX
cjfa-35411	120	19	present	present	ADJ
cjfa-35411	120	20	.	.	PUNCT
cjfa-35411	121	1	regression	regression	NOUN
cjfa-35411	121	2	diagnostics	diagnostic	NOUN
cjfa-35411	121	3	with	with	ADP
cjfa-35411	121	4	the	the	DET
cjfa-35411	121	5	help	help	NOUN
cjfa-35411	121	6	of	of	ADP
cjfa-35411	121	7	breusch	breusch	ADJ
cjfa-35411	121	8	-	-	PUNCT
cjfa-35411	121	9	pagan	pagan	ADJ
cjfa-35411	121	10	test	test	NOUN
cjfa-35411	121	11	,	,	PUNCT
cjfa-35411	121	12	wooldridge	wooldridge	PROPN
cjfa-35411	121	13	test	test	PROPN
cjfa-35411	121	14	and	and	CCONJ
cjfa-35411	121	15	calculation	calculation	NOUN
cjfa-35411	121	16	of	of	ADP
cjfa-35411	121	17	variance	variance	NOUN
cjfa-35411	121	18	inflation	inflation	NOUN
cjfa-35411	121	19	factors	factor	NOUN
cjfa-35411	121	20	was	be	AUX
cjfa-35411	121	21	also	also	ADV
cjfa-35411	121	22	carried	carry	VERB
cjfa-35411	121	23	out	out	ADP
cjfa-35411	121	24	to	to	PART
cjfa-35411	121	25	check	check	VERB
cjfa-35411	121	26	the	the	DET
cjfa-35411	121	27	assumptions	assumption	NOUN
cjfa-35411	121	28	of	of	ADP
cjfa-35411	121	29	the	the	DET
cjfa-35411	121	30	heteroscedasticity	heteroscedasticity	NOUN
cjfa-35411	121	31	,	,	PUNCT
cjfa-35411	121	32	autocorrelation	autocorrelation	NOUN
cjfa-35411	121	33	,	,	PUNCT
cjfa-35411	121	34	and	and	CCONJ
cjfa-35411	121	35	multicollinearity	multicollinearity	NOUN
cjfa-35411	121	36	respectively	respectively	ADV
cjfa-35411	121	37	.	.	PUNCT
cjfa-35411	122	1	descriptive	descriptive	ADJ
cjfa-35411	122	2	analysis	analysis	NOUN
cjfa-35411	122	3	and	and	CCONJ
cjfa-35411	122	4	correlation	correlation	NOUN
cjfa-35411	122	5	analysis	analysis	NOUN
cjfa-35411	122	6	was	be	AUX
cjfa-35411	122	7	also	also	ADV
cjfa-35411	122	8	carried	carry	VERB
cjfa-35411	122	9	out	out	ADP
cjfa-35411	122	10	in	in	ADP
cjfa-35411	122	11	this	this	DET
cjfa-35411	122	12	study	study	NOUN
cjfa-35411	122	13	.	.	PUNCT
cjfa-35411	123	1	the	the	DET
cjfa-35411	123	2	stata	stata	PROPN
cjfa-35411	123	3	software	software	NOUN
cjfa-35411	123	4	was	be	AUX
cjfa-35411	123	5	used	use	VERB
cjfa-35411	123	6	to	to	PART
cjfa-35411	123	7	apply	apply	VERB
cjfa-35411	123	8	all	all	DET
cjfa-35411	123	9	these	these	DET
cjfa-35411	123	10	tests	test	NOUN
cjfa-35411	123	11	and	and	CCONJ
cjfa-35411	123	12	empirically	empirically	ADV
cjfa-35411	123	13	analyze	analyze	VERB
cjfa-35411	123	14	the	the	DET
cjfa-35411	123	15	data	datum	NOUN
cjfa-35411	123	16	used	use	VERB
cjfa-35411	123	17	in	in	ADP
cjfa-35411	123	18	the	the	DET
cjfa-35411	123	19	present	present	ADJ
cjfa-35411	123	20	study	study	NOUN
cjfa-35411	123	21	.	.	PUNCT
cjfa-35411	124	1	navleen	navleen	PROPN
cjfa-35411	124	2	kaur18	kaur18	PROPN
cjfa-35411	124	3	empirical	empirical	ADJ
cjfa-35411	124	4	results	result	NOUN
cjfa-35411	124	5	descriptive	descriptive	ADJ
cjfa-35411	124	6	analysis	analysis	NOUN
cjfa-35411	124	7	the	the	DET
cjfa-35411	124	8	study	study	NOUN
cjfa-35411	124	9	has	have	VERB
cjfa-35411	124	10	180	180	NUM
cjfa-35411	124	11	firm	firm	ADJ
cjfa-35411	124	12	-	-	PUNCT
cjfa-35411	124	13	year	year	NOUN
cjfa-35411	124	14	observations	observation	NOUN
cjfa-35411	124	15	.	.	PUNCT
cjfa-35411	125	1	all	all	DET
cjfa-35411	125	2	the	the	DET
cjfa-35411	125	3	variables	variable	NOUN
cjfa-35411	125	4	depicted	depict	VERB
cjfa-35411	125	5	positive	positive	ADJ
cjfa-35411	125	6	average	average	ADJ
cjfa-35411	125	7	value	value	NOUN
cjfa-35411	125	8	during	during	ADP
cjfa-35411	125	9	the	the	DET
cjfa-35411	125	10	study	study	NOUN
cjfa-35411	125	11	period	period	NOUN
cjfa-35411	125	12	.	.	PUNCT
cjfa-35411	126	1	the	the	DET
cjfa-35411	126	2	average	average	ADJ
cjfa-35411	126	3	quick	quick	ADJ
cjfa-35411	126	4	ratio	ratio	NOUN
cjfa-35411	126	5	was	be	AUX
cjfa-35411	126	6	much	much	ADV
cjfa-35411	126	7	below	below	ADP
cjfa-35411	126	8	the	the	DET
cjfa-35411	126	9	standard	standard	NOUN
cjfa-35411	126	10	for	for	ADP
cjfa-35411	126	11	this	this	DET
cjfa-35411	126	12	ratio	ratio	NOUN
cjfa-35411	126	13	indicating	indicate	VERB
cjfa-35411	126	14	that	that	SCONJ
cjfa-35411	126	15	the	the	DET
cjfa-35411	126	16	liquidity	liquidity	NOUN
cjfa-35411	126	17	position	position	NOUN
cjfa-35411	126	18	of	of	ADP
cjfa-35411	126	19	the	the	DET
cjfa-35411	126	20	selected	select	VERB
cjfa-35411	126	21	automobile	automobile	NOUN
cjfa-35411	126	22	companies	company	NOUN
cjfa-35411	126	23	was	be	AUX
cjfa-35411	126	24	not	not	PART
cjfa-35411	126	25	so	so	ADV
cjfa-35411	126	26	satisfactory	satisfactory	ADJ
cjfa-35411	126	27	during	during	ADP
cjfa-35411	126	28	the	the	DET
cjfa-35411	126	29	study	study	NOUN
cjfa-35411	126	30	period	period	NOUN
cjfa-35411	126	31	.	.	PUNCT
cjfa-35411	127	1	average	average	ADJ
cjfa-35411	127	2	debt	debt	NOUN
cjfa-35411	127	3	equity	equity	NOUN
cjfa-35411	127	4	ratio	ratio	NOUN
cjfa-35411	127	5	was	be	AUX
cjfa-35411	127	6	also	also	ADV
cjfa-35411	127	7	less	less	ADJ
cjfa-35411	127	8	than	than	ADP
cjfa-35411	127	9	the	the	DET
cjfa-35411	127	10	standard	standard	NOUN
cjfa-35411	127	11	for	for	ADP
cjfa-35411	127	12	this	this	DET
cjfa-35411	127	13	ratio	ratio	NOUN
cjfa-35411	127	14	showing	show	VERB
cjfa-35411	127	15	that	that	SCONJ
cjfa-35411	127	16	the	the	DET
cjfa-35411	127	17	indian	indian	ADJ
cjfa-35411	127	18	automobile	automobile	NOUN
cjfa-35411	127	19	companies	company	NOUN
cjfa-35411	127	20	used	use	VERB
cjfa-35411	127	21	lower	low	ADJ
cjfa-35411	127	22	percentage	percentage	NOUN
cjfa-35411	127	23	of	of	ADP
cjfa-35411	127	24	debt	debt	NOUN
cjfa-35411	127	25	in	in	ADP
cjfa-35411	127	26	their	their	PRON
cjfa-35411	127	27	capital	capital	NOUN
cjfa-35411	127	28	structures	structure	NOUN
cjfa-35411	127	29	.	.	PUNCT
cjfa-35411	128	1	table	table	NOUN
cjfa-35411	128	2	3	3	NUM
cjfa-35411	128	3	.	.	PUNCT
cjfa-35411	128	4	descriptive	descriptive	ADJ
cjfa-35411	128	5	statistics	statistic	NOUN
cjfa-35411	128	6	variables	variable	NOUN
cjfa-35411	128	7	average	average	ADJ
cjfa-35411	128	8	maximum	maximum	ADJ
cjfa-35411	128	9	minimum	minimum	ADJ
cjfa-35411	128	10	standard	standard	ADJ
cjfa-35411	128	11	deviation	deviation	NOUN
cjfa-35411	128	12	observations	observation	NOUN
cjfa-35411	128	13	dpr	dpr	VERB
cjfa-35411	128	14	2.73	2.73	NUM
cjfa-35411	128	15	5.36	5.36	NUM
cjfa-35411	128	16	0.69	0.69	NUM
cjfa-35411	128	17	1.29	1.29	NUM
cjfa-35411	128	18	180	180	NUM
cjfa-35411	128	19	roce	roce	NOUN
cjfa-35411	128	20	4.83	4.83	NUM
cjfa-35411	128	21	5.74	5.74	NUM
cjfa-35411	128	22	0.65	0.65	NUM
cjfa-35411	128	23	0.40	0.40	NUM
cjfa-35411	128	24	180	180	NUM
cjfa-35411	128	25	qr	qr	NOUN
cjfa-35411	128	26	0.54	0.54	NUM
cjfa-35411	128	27	4.6	4.6	NUM
cjfa-35411	128	28	0.03	0.03	NUM
cjfa-35411	128	29	0.46	0.46	NUM
cjfa-35411	128	30	180	180	NUM
cjfa-35411	128	31	size	size	NOUN
cjfa-35411	128	32	9.95	9.95	NUM
cjfa-35411	128	33	13.4	13.4	NUM
cjfa-35411	128	34	5.63	5.63	NUM
cjfa-35411	128	35	2.06	2.06	NUM
cjfa-35411	128	36	180	180	NUM
cjfa-35411	128	37	bv	bv	PROPN
cjfa-35411	128	38	202.73	202.73	NUM
cjfa-35411	128	39	1970.74	1970.74	NUM
cjfa-35411	128	40	311.78	311.78	NUM
cjfa-35411	128	41	-22.44	-22.44	PROPN
cjfa-35411	128	42	180	180	NUM
cjfa-35411	128	43	toa	toa	NOUN
cjfa-35411	128	44	0.64	0.64	NUM
cjfa-35411	128	45	5.81	5.81	NUM
cjfa-35411	129	1	0.09	0.09	NUM
cjfa-35411	129	2	0.59	0.59	NUM
cjfa-35411	129	3	180	180	NUM
cjfa-35411	129	4	der	der	NOUN
cjfa-35411	129	5	0.56	0.56	NUM
cjfa-35411	129	6	6.62	6.62	NUM
cjfa-35411	129	7	-0.34	-0.34	NUM
cjfa-35411	129	8	0.88	0.88	NUM
cjfa-35411	129	9	180	180	NUM
cjfa-35411	129	10	per	per	ADP
cjfa-35411	129	11	2.71	2.71	NUM
cjfa-35411	129	12	7.08	7.08	NUM
cjfa-35411	129	13	0.69	0.69	NUM
cjfa-35411	129	14	1.10	1.10	NUM
cjfa-35411	129	15	180	180	NUM
cjfa-35411	129	16	s	s	NOUN
cjfa-35411	129	17	o	o	NOUN
cjfa-35411	129	18	u	u	NOUN
cjfa-35411	129	19	r	r	NOUN
cjfa-35411	129	20	c	c	NOUN
cjfa-35411	129	21	e	e	NOUN
cjfa-35411	129	22	:	:	PUNCT
cjfa-35411	129	23	author	author	PROPN
cjfa-35411	129	24	’s	’s	PART
cjfa-35411	129	25	own	own	ADJ
cjfa-35411	129	26	calculations	calculation	NOUN
cjfa-35411	129	27	using	use	VERB
cjfa-35411	129	28	stata	stata	NOUN
cjfa-35411	129	29	software	software	NOUN
cjfa-35411	129	30	.	.	PUNCT
cjfa-35411	130	1	correlation	correlation	NOUN
cjfa-35411	130	2	analysis	analysis	NOUN
cjfa-35411	130	3	the	the	DET
cjfa-35411	130	4	correlation	correlation	NOUN
cjfa-35411	130	5	matrix	matrix	NOUN
cjfa-35411	130	6	shown	show	VERB
cjfa-35411	130	7	in	in	ADP
cjfa-35411	130	8	table	table	NOUN
cjfa-35411	130	9	4	4	NUM
cjfa-35411	130	10	revealed	reveal	VERB
cjfa-35411	130	11	that	that	SCONJ
cjfa-35411	130	12	out	out	ADP
cjfa-35411	130	13	of	of	ADP
cjfa-35411	130	14	the	the	DET
cjfa-35411	130	15	entire	entire	ADJ
cjfa-35411	130	16	explanatory	explanatory	ADJ
cjfa-35411	130	17	variables	variable	NOUN
cjfa-35411	130	18	price	price	NOUN
cjfa-35411	130	19	earnings	earning	NOUN
cjfa-35411	130	20	ratio	ratio	NOUN
cjfa-35411	130	21	depicted	depict	VERB
cjfa-35411	130	22	highest	high	ADJ
cjfa-35411	130	23	positive	positive	ADJ
cjfa-35411	130	24	correlation	correlation	NOUN
cjfa-35411	130	25	with	with	ADP
cjfa-35411	130	26	the	the	DET
cjfa-35411	130	27	dependent	dependent	ADJ
cjfa-35411	130	28	variable	variable	NOUN
cjfa-35411	130	29	while	while	SCONJ
cjfa-35411	130	30	liquidity	liquidity	NOUN
cjfa-35411	130	31	position	position	NOUN
cjfa-35411	130	32	of	of	ADP
cjfa-35411	130	33	the	the	DET
cjfa-35411	130	34	sample	sample	NOUN
cjfa-35411	130	35	companies	company	NOUN
cjfa-35411	130	36	measured	measure	VERB
cjfa-35411	130	37	by	by	ADP
cjfa-35411	130	38	quick	quick	ADJ
cjfa-35411	130	39	ratio	ratio	NOUN
cjfa-35411	130	40	showed	show	VERB
cjfa-35411	130	41	lowest	low	ADJ
cjfa-35411	130	42	positive	positive	ADJ
cjfa-35411	130	43	correlation	correlation	NOUN
cjfa-35411	130	44	with	with	ADP
cjfa-35411	130	45	the	the	DET
cjfa-35411	130	46	same	same	ADJ
cjfa-35411	130	47	.	.	PUNCT
cjfa-35411	131	1	dividend	dividend	NOUN
cjfa-35411	131	2	payout	payout	NOUN
cjfa-35411	131	3	ratio	ratio	NOUN
cjfa-35411	131	4	depicted	depict	VERB
cjfa-35411	131	5	positive	positive	ADJ
cjfa-35411	131	6	correlation	correlation	NOUN
cjfa-35411	131	7	with	with	ADP
cjfa-35411	131	8	three	three	NUM
cjfa-35411	131	9	other	other	ADJ
cjfa-35411	131	10	explanatory	explanatory	ADJ
cjfa-35411	131	11	var	var	NOUN
cjfa-35411	131	12	determinants	determinant	NOUN
cjfa-35411	131	13	of	of	ADP
cjfa-35411	131	14	dividend	dividend	NOUN
cjfa-35411	131	15	payout	payout	NOUN
cjfa-35411	131	16	decisions	decision	NOUN
cjfa-35411	131	17	…	…	PUNCT
cjfa-35411	131	18	19	19	NUM
cjfa-35411	131	19	iables	iable	NOUN
cjfa-35411	131	20	viz	viz	NUM
cjfa-35411	131	21	.	.	PUNCT
cjfa-35411	132	1	return	return	NOUN
cjfa-35411	132	2	on	on	ADP
cjfa-35411	132	3	capital	capital	NOUN
cjfa-35411	132	4	employed	employ	VERB
cjfa-35411	132	5	,	,	PUNCT
cjfa-35411	132	6	size	size	NOUN
cjfa-35411	132	7	,	,	PUNCT
cjfa-35411	132	8	and	and	CCONJ
cjfa-35411	132	9	book	book	NOUN
cjfa-35411	132	10	value	value	NOUN
cjfa-35411	132	11	per	per	ADP
cjfa-35411	132	12	share	share	NOUN
cjfa-35411	132	13	of	of	ADP
cjfa-35411	132	14	the	the	DET
cjfa-35411	132	15	selected	select	VERB
cjfa-35411	132	16	companies	company	NOUN
cjfa-35411	132	17	.	.	PUNCT
cjfa-35411	133	1	both	both	DET
cjfa-35411	133	2	tangibility	tangibility	NOUN
cjfa-35411	133	3	of	of	ADP
cjfa-35411	133	4	assets	asset	NOUN
cjfa-35411	133	5	and	and	CCONJ
cjfa-35411	133	6	debt	debt	NOUN
cjfa-35411	133	7	-	-	PUNCT
cjfa-35411	133	8	equity	equity	NOUN
cjfa-35411	133	9	ratio	ratio	NOUN
cjfa-35411	133	10	displayed	display	VERB
cjfa-35411	133	11	negative	negative	ADJ
cjfa-35411	133	12	correlation	correlation	NOUN
cjfa-35411	133	13	with	with	ADP
cjfa-35411	133	14	the	the	DET
cjfa-35411	133	15	dividend	dividend	NOUN
cjfa-35411	133	16	payout	payout	NOUN
cjfa-35411	133	17	ratio	ratio	NOUN
cjfa-35411	133	18	of	of	ADP
cjfa-35411	133	19	the	the	DET
cjfa-35411	133	20	selected	select	VERB
cjfa-35411	133	21	companies	company	NOUN
cjfa-35411	133	22	during	during	ADP
cjfa-35411	133	23	the	the	DET
cjfa-35411	133	24	study	study	NOUN
cjfa-35411	133	25	period	period	NOUN
cjfa-35411	133	26	.	.	PUNCT
cjfa-35411	134	1	no	no	DET
cjfa-35411	134	2	high	high	ADJ
cjfa-35411	134	3	correlations	correlation	NOUN
cjfa-35411	134	4	were	be	AUX
cjfa-35411	134	5	noticed	notice	VERB
cjfa-35411	134	6	among	among	ADP
cjfa-35411	134	7	the	the	DET
cjfa-35411	134	8	various	various	ADJ
cjfa-35411	134	9	explanatory	explanatory	ADJ
cjfa-35411	134	10	variables	variable	NOUN
cjfa-35411	134	11	indicating	indicate	VERB
cjfa-35411	134	12	that	that	SCONJ
cjfa-35411	134	13	the	the	DET
cjfa-35411	134	14	selected	select	VERB
cjfa-35411	134	15	model	model	NOUN
cjfa-35411	134	16	was	be	AUX
cjfa-35411	134	17	free	free	ADJ
cjfa-35411	134	18	from	from	ADP
cjfa-35411	134	19	the	the	DET
cjfa-35411	134	20	problem	problem	NOUN
cjfa-35411	134	21	of	of	ADP
cjfa-35411	134	22	multicollinearity	multicollinearity	NOUN
cjfa-35411	134	23	.	.	PUNCT
cjfa-35411	135	1	table	table	NOUN
cjfa-35411	135	2	4	4	NUM
cjfa-35411	135	3	.	.	PUNCT
cjfa-35411	135	4	correlation	correlation	NOUN
cjfa-35411	135	5	matrix	matrix	NOUN
cjfa-35411	135	6	variables	variable	NOUN
cjfa-35411	135	7	dpr	dpr	PROPN
cjfa-35411	135	8	roce	roce	PROPN
cjfa-35411	135	9	qr	qr	PROPN
cjfa-35411	135	10	size	size	NOUN
cjfa-35411	135	11	bv	bv	PROPN
cjfa-35411	135	12	toa	toa	PROPN
cjfa-35411	135	13	der	der	NOUN
cjfa-35411	135	14	per	per	ADP
cjfa-35411	135	15	dpr	dpr	PROPN
cjfa-35411	135	16	1.0000	1.0000	NUM
cjfa-35411	135	17	roce	roce	NOUN
cjfa-35411	135	18	0.2500	0.2500	NUM
cjfa-35411	135	19	1.0000	1.0000	NUM
cjfa-35411	135	20	qr	qr	NOUN
cjfa-35411	135	21	0.0095	0.0095	NUM
cjfa-35411	135	22	0.0921	0.0921	NUM
cjfa-35411	135	23	1.0000	1.0000	NUM
cjfa-35411	135	24	size	size	NOUN
cjfa-35411	135	25	0.4119	0.4119	NUM
cjfa-35411	135	26	0.1595	0.1595	NUM
cjfa-35411	135	27	-0.0931	-0.0931	NOUN
cjfa-35411	135	28	1.0000	1.0000	NUM
cjfa-35411	135	29	bv	bv	PROPN
cjfa-35411	135	30	0.0477	0.0477	NUM
cjfa-35411	135	31	0.1534	0.1534	NUM
cjfa-35411	135	32	0.0846	0.0846	NUM
cjfa-35411	135	33	0.3498	0.3498	NUM
cjfa-35411	135	34	1.0000	1.0000	NUM
cjfa-35411	135	35	toa	toa	NOUN
cjfa-35411	135	36	-0.3405	-0.3405	NOUN
cjfa-35411	135	37	-0.0479	-0.0479	X
cjfa-35411	135	38	-0.1789	-0.1789	ADV
cjfa-35411	136	1	-0.2793	-0.2793	ADJ
cjfa-35411	136	2	-0.1459	-0.1459	PROPN
cjfa-35411	136	3	1.0000	1.0000	NUM
cjfa-35411	136	4	der	der	NOUN
cjfa-35411	136	5	-0.2204	-0.2204	PROPN
cjfa-35411	136	6	-0.1262	-0.1262	PROPN
cjfa-35411	136	7	-0.1501	-0.1501	VERB
cjfa-35411	136	8	-0.0872	-0.0872	PROPN
cjfa-35411	137	1	-0.2655	-0.2655	VERB
cjfa-35411	137	2	0.0620	0.0620	NUM
cjfa-35411	137	3	1.0000	1.0000	NUM
cjfa-35411	137	4	per	per	ADP
cjfa-35411	137	5	0.4867	0.4867	NUM
cjfa-35411	137	6	0.1103	0.1103	NUM
cjfa-35411	137	7	0.0948	0.0948	NUM
cjfa-35411	137	8	0.3452	0.3452	NUM
cjfa-35411	137	9	0.2443	0.2443	NUM
cjfa-35411	137	10	-0.3490	-0.3490	NOUN
cjfa-35411	137	11	-0.3386	-0.3386	VERB
cjfa-35411	137	12	1.0000	1.0000	NUM
cjfa-35411	137	13	s	s	NOUN
cjfa-35411	137	14	o	o	NOUN
cjfa-35411	137	15	u	u	NOUN
cjfa-35411	137	16	r	r	NOUN
cjfa-35411	137	17	c	c	NOUN
cjfa-35411	137	18	e	e	NOUN
cjfa-35411	137	19	:	:	PUNCT
cjfa-35411	137	20	author	author	PROPN
cjfa-35411	137	21	’s	’s	PART
cjfa-35411	137	22	own	own	ADJ
cjfa-35411	137	23	calculations	calculation	NOUN
cjfa-35411	137	24	using	use	VERB
cjfa-35411	137	25	stata	stata	NOUN
cjfa-35411	137	26	software	software	NOUN
cjfa-35411	137	27	.	.	PUNCT
cjfa-35411	138	1	regression	regression	NOUN
cjfa-35411	138	2	diagnostics	diagnostic	NOUN
cjfa-35411	138	3	heteroscedasticity	heteroscedasticity	PROPN
cjfa-35411	138	4	initially	initially	ADV
cjfa-35411	138	5	,	,	PUNCT
cjfa-35411	138	6	natural	natural	ADJ
cjfa-35411	138	7	log	log	NOUN
cjfa-35411	138	8	of	of	ADP
cjfa-35411	138	9	certain	certain	ADJ
cjfa-35411	138	10	variables	variable	NOUN
cjfa-35411	138	11	viz	viz	PROPN
cjfa-35411	138	12	.	.	PUNCT
cjfa-35411	139	1	dividend	dividend	NOUN
cjfa-35411	139	2	payout	payout	NOUN
cjfa-35411	139	3	ratio	ratio	NOUN
cjfa-35411	139	4	,	,	PUNCT
cjfa-35411	139	5	return	return	VERB
cjfa-35411	139	6	on	on	ADP
cjfa-35411	139	7	capital	capital	NOUN
cjfa-35411	139	8	employed	employ	VERB
cjfa-35411	139	9	,	,	PUNCT
cjfa-35411	139	10	and	and	CCONJ
cjfa-35411	139	11	price	price	NOUN
cjfa-35411	139	12	earnings	earning	NOUN
cjfa-35411	139	13	ratio	ratio	NOUN
cjfa-35411	139	14	was	be	AUX
cjfa-35411	139	15	taken	take	VERB
cjfa-35411	139	16	to	to	PART
cjfa-35411	139	17	standardize	standardize	VERB
cjfa-35411	139	18	the	the	DET
cjfa-35411	139	19	data	datum	NOUN
cjfa-35411	139	20	under	under	ADP
cjfa-35411	139	21	consideration	consideration	NOUN
cjfa-35411	139	22	.	.	PUNCT
cjfa-35411	140	1	after	after	ADP
cjfa-35411	140	2	that	that	PRON
cjfa-35411	140	3	,	,	PUNCT
cjfa-35411	140	4	ordinary	ordinary	ADJ
cjfa-35411	140	5	least	least	ADJ
cjfa-35411	140	6	square	square	ADJ
cjfa-35411	140	7	regression	regression	NOUN
cjfa-35411	140	8	(	(	PUNCT
cjfa-35411	140	9	ols	ol	NOUN
cjfa-35411	140	10	)	)	PUNCT
cjfa-35411	140	11	was	be	AUX
cjfa-35411	140	12	run	run	VERB
cjfa-35411	140	13	on	on	ADP
cjfa-35411	140	14	the	the	DET
cjfa-35411	140	15	above	above	ADJ
cjfa-35411	140	16	variables	variable	NOUN
cjfa-35411	140	17	,	,	PUNCT
cjfa-35411	140	18	and	and	CCONJ
cjfa-35411	140	19	then	then	ADV
cjfa-35411	140	20	,	,	PUNCT
cjfa-35411	140	21	breusch	breusch	ADJ
cjfa-35411	140	22	-	-	PUNCT
cjfa-35411	140	23	pagan	pagan	ADJ
cjfa-35411	140	24	test	test	NOUN
cjfa-35411	140	25	was	be	AUX
cjfa-35411	140	26	performed	perform	VERB
cjfa-35411	140	27	to	to	PART
cjfa-35411	140	28	check	check	VERB
cjfa-35411	140	29	the	the	DET
cjfa-35411	140	30	assumption	assumption	NOUN
cjfa-35411	140	31	of	of	ADP
cjfa-35411	140	32	homoscedasticity	homoscedasticity	NOUN
cjfa-35411	140	33	in	in	ADP
cjfa-35411	140	34	the	the	DET
cjfa-35411	140	35	present	present	ADJ
cjfa-35411	140	36	regression	regression	NOUN
cjfa-35411	140	37	model	model	NOUN
cjfa-35411	140	38	.	.	PUNCT
cjfa-35411	141	1	null	null	ADJ
cjfa-35411	141	2	hypothesis	hypothesis	NOUN
cjfa-35411	141	3	for	for	ADP
cjfa-35411	141	4	the	the	DET
cjfa-35411	141	5	test	test	NOUN
cjfa-35411	141	6	:	:	PUNCT
cjfa-35411	141	7	constant	constant	ADJ
cjfa-35411	141	8	variance	variance	NOUN
cjfa-35411	141	9	(	(	PUNCT
cjfa-35411	141	10	homoscedasticity	homoscedasticity	NOUN
cjfa-35411	141	11	)	)	PUNCT
cjfa-35411	141	12	.	.	PUNCT
cjfa-35411	142	1	the	the	DET
cjfa-35411	142	2	results	result	NOUN
cjfa-35411	142	3	of	of	ADP
cjfa-35411	142	4	the	the	DET
cjfa-35411	142	5	test	test	NOUN
cjfa-35411	142	6	revealed	reveal	VERB
cjfa-35411	142	7	that	that	SCONJ
cjfa-35411	142	8	the	the	DET
cjfa-35411	142	9	p	p	NOUN
cjfa-35411	142	10	-	-	PUNCT
cjfa-35411	142	11	value	value	NOUN
cjfa-35411	142	12	was	be	AUX
cjfa-35411	142	13	0.2169	0.2169	NUM
cjfa-35411	142	14	.	.	PUNCT
cjfa-35411	143	1	since	since	SCONJ
cjfa-35411	143	2	,	,	PUNCT
cjfa-35411	143	3	the	the	DET
cjfa-35411	143	4	p	p	NOUN
cjfa-35411	143	5	-	-	PUNCT
cjfa-35411	143	6	value	value	NOUN
cjfa-35411	143	7	was	be	AUX
cjfa-35411	143	8	more	more	ADJ
cjfa-35411	143	9	than	than	ADP
cjfa-35411	143	10	0.05	0.05	NUM
cjfa-35411	143	11	;	;	PUNCT
cjfa-35411	143	12	it	it	PRON
cjfa-35411	143	13	resulted	result	VERB
cjfa-35411	143	14	in	in	ADP
cjfa-35411	143	15	the	the	DET
cjfa-35411	143	16	acceptance	acceptance	NOUN
cjfa-35411	143	17	of	of	ADP
cjfa-35411	143	18	the	the	DET
cjfa-35411	143	19	null	null	ADJ
cjfa-35411	143	20	hypothesis	hypothesis	NOUN
cjfa-35411	143	21	.	.	PUNCT
cjfa-35411	144	1	this	this	PRON
cjfa-35411	144	2	shows	show	VERB
cjfa-35411	144	3	that	that	SCONJ
cjfa-35411	144	4	the	the	DET
cjfa-35411	144	5	present	present	ADJ
cjfa-35411	144	6	model	model	NOUN
cjfa-35411	144	7	is	be	AUX
cjfa-35411	144	8	free	free	ADJ
cjfa-35411	144	9	from	from	ADP
cjfa-35411	144	10	the	the	DET
cjfa-35411	144	11	problem	problem	NOUN
cjfa-35411	144	12	of	of	ADP
cjfa-35411	144	13	heteroscedasticity	heteroscedasticity	PROPN
cjfa-35411	144	14	.	.	PUNCT
cjfa-35411	145	1	navleen	navleen	PROPN
cjfa-35411	145	2	kaur20	kaur20	PROPN
cjfa-35411	145	3	autocorrelation	autocorrelation	NOUN
cjfa-35411	145	4	for	for	ADP
cjfa-35411	145	5	checking	check	VERB
cjfa-35411	145	6	the	the	DET
cjfa-35411	145	7	presence	presence	NOUN
cjfa-35411	145	8	of	of	ADP
cjfa-35411	145	9	autocorrelation	autocorrelation	NOUN
cjfa-35411	145	10	,	,	PUNCT
cjfa-35411	145	11	wooldridge	wooldridge	PROPN
cjfa-35411	145	12	test	test	PROPN
cjfa-35411	145	13	for	for	ADP
cjfa-35411	145	14	serial	serial	ADJ
cjfa-35411	145	15	correlation	correlation	NOUN
cjfa-35411	145	16	was	be	AUX
cjfa-35411	145	17	conducted	conduct	VERB
cjfa-35411	145	18	.	.	PUNCT
cjfa-35411	146	1	null	null	ADJ
cjfa-35411	146	2	hypothesis	hypothesis	NOUN
cjfa-35411	146	3	for	for	ADP
cjfa-35411	146	4	the	the	DET
cjfa-35411	146	5	test	test	NOUN
cjfa-35411	146	6	:	:	PUNCT
cjfa-35411	146	7	no	no	DET
cjfa-35411	146	8	first	first	ADJ
cjfa-35411	146	9	-	-	PUNCT
cjfa-35411	146	10	order	order	NOUN
cjfa-35411	146	11	autocorrelation	autocorrelation	NOUN
cjfa-35411	146	12	.	.	PUNCT
cjfa-35411	147	1	it	it	PRON
cjfa-35411	147	2	was	be	AUX
cjfa-35411	147	3	found	find	VERB
cjfa-35411	147	4	that	that	SCONJ
cjfa-35411	147	5	the	the	DET
cjfa-35411	147	6	p	p	NOUN
cjfa-35411	147	7	-	-	PUNCT
cjfa-35411	147	8	value	value	NOUN
cjfa-35411	147	9	was	be	AUX
cjfa-35411	147	10	0.7754	0.7754	NUM
cjfa-35411	147	11	which	which	PRON
cjfa-35411	147	12	is	be	AUX
cjfa-35411	147	13	more	more	ADJ
cjfa-35411	147	14	than	than	ADP
cjfa-35411	147	15	0.05	0.05	NUM
cjfa-35411	147	16	.	.	PUNCT
cjfa-35411	148	1	so	so	ADV
cjfa-35411	148	2	,	,	PUNCT
cjfa-35411	148	3	the	the	DET
cjfa-35411	148	4	present	present	ADJ
cjfa-35411	148	5	model	model	NOUN
cjfa-35411	148	6	is	be	AUX
cjfa-35411	148	7	free	free	ADJ
cjfa-35411	148	8	from	from	ADP
cjfa-35411	148	9	the	the	DET
cjfa-35411	148	10	problem	problem	NOUN
cjfa-35411	148	11	of	of	ADP
cjfa-35411	148	12	autocorrelation	autocorrelation	NOUN
cjfa-35411	148	13	.	.	PUNCT
cjfa-35411	149	1	multicollinearity	multicollinearity	NOUN
cjfa-35411	149	2	multicollinearity	multicollinearity	NOUN
cjfa-35411	149	3	refers	refer	VERB
cjfa-35411	149	4	to	to	ADP
cjfa-35411	149	5	a	a	DET
cjfa-35411	149	6	situation	situation	NOUN
cjfa-35411	149	7	where	where	SCONJ
cjfa-35411	149	8	very	very	ADV
cjfa-35411	149	9	high	high	ADJ
cjfa-35411	149	10	inter	inter	NOUN
cjfa-35411	149	11	-	-	NOUN
cjfa-35411	149	12	correlations	correlation	NOUN
cjfa-35411	149	13	exist	exist	VERB
cjfa-35411	149	14	among	among	ADP
cjfa-35411	149	15	the	the	DET
cjfa-35411	149	16	various	various	ADJ
cjfa-35411	149	17	explanatory	explanatory	ADJ
cjfa-35411	149	18	variables	variable	NOUN
cjfa-35411	149	19	included	include	VERB
cjfa-35411	149	20	in	in	ADP
cjfa-35411	149	21	a	a	DET
cjfa-35411	149	22	regression	regression	NOUN
cjfa-35411	149	23	model	model	NOUN
cjfa-35411	149	24	.	.	PUNCT
cjfa-35411	150	1	the	the	DET
cjfa-35411	150	2	presence	presence	NOUN
cjfa-35411	150	3	of	of	ADP
cjfa-35411	150	4	multicollinearity	multicollinearity	NOUN
cjfa-35411	150	5	in	in	ADP
cjfa-35411	150	6	the	the	DET
cjfa-35411	150	7	data	datum	NOUN
cjfa-35411	150	8	can	can	AUX
cjfa-35411	150	9	be	be	AUX
cjfa-35411	150	10	identified	identify	VERB
cjfa-35411	150	11	with	with	ADP
cjfa-35411	150	12	the	the	DET
cjfa-35411	150	13	help	help	NOUN
cjfa-35411	150	14	of	of	ADP
cjfa-35411	150	15	correlation	correlation	NOUN
cjfa-35411	150	16	matrix	matrix	NOUN
cjfa-35411	150	17	or	or	CCONJ
cjfa-35411	150	18	by	by	ADP
cjfa-35411	150	19	calculating	calculate	VERB
cjfa-35411	150	20	the	the	DET
cjfa-35411	150	21	variance	variance	NOUN
cjfa-35411	150	22	inflation	inflation	NOUN
cjfa-35411	150	23	factors	factor	NOUN
cjfa-35411	150	24	(	(	PUNCT
cjfa-35411	150	25	vifs	vifs	PROPN
cjfa-35411	150	26	)	)	PUNCT
cjfa-35411	150	27	for	for	ADP
cjfa-35411	150	28	the	the	DET
cjfa-35411	150	29	variables	variable	NOUN
cjfa-35411	150	30	included	include	VERB
cjfa-35411	150	31	in	in	ADP
cjfa-35411	150	32	the	the	DET
cjfa-35411	150	33	regression	regression	NOUN
cjfa-35411	150	34	.	.	PUNCT
cjfa-35411	151	1	according	accord	VERB
cjfa-35411	151	2	to	to	ADP
cjfa-35411	151	3	gujarati	gujarati	PROPN
cjfa-35411	151	4	and	and	CCONJ
cjfa-35411	151	5	sangeetha	sangeetha	PROPN
cjfa-35411	151	6	(	(	PUNCT
cjfa-35411	151	7	2011	2011	NUM
cjfa-35411	151	8	)	)	PUNCT
cjfa-35411	151	9	high	high	ADJ
cjfa-35411	151	10	values	value	NOUN
cjfa-35411	151	11	of	of	ADP
cjfa-35411	151	12	vifs	vifs	PROPN
cjfa-35411	151	13	depict	depict	VERB
cjfa-35411	151	14	the	the	DET
cjfa-35411	151	15	presence	presence	NOUN
cjfa-35411	151	16	of	of	ADP
cjfa-35411	151	17	high	high	ADJ
cjfa-35411	151	18	multicollinearity	multicollinearity	NOUN
cjfa-35411	151	19	.	.	PUNCT
cjfa-35411	152	1	they	they	PRON
cjfa-35411	152	2	further	far	ADV
cjfa-35411	152	3	stated	state	VERB
cjfa-35411	152	4	that	that	SCONJ
cjfa-35411	152	5	if	if	SCONJ
cjfa-35411	152	6	the	the	DET
cjfa-35411	152	7	value	value	NOUN
cjfa-35411	152	8	of	of	ADP
cjfa-35411	152	9	vif	vif	NOUN
cjfa-35411	152	10	for	for	ADP
cjfa-35411	152	11	a	a	DET
cjfa-35411	152	12	variable	variable	NOUN
cjfa-35411	152	13	is	be	AUX
cjfa-35411	152	14	more	more	ADJ
cjfa-35411	152	15	than	than	ADP
cjfa-35411	152	16	10	10	NUM
cjfa-35411	152	17	,	,	PUNCT
cjfa-35411	152	18	then	then	ADV
cjfa-35411	152	19	that	that	DET
cjfa-35411	152	20	variable	variable	NOUN
cjfa-35411	152	21	is	be	AUX
cjfa-35411	152	22	considered	consider	VERB
cjfa-35411	152	23	as	as	ADP
cjfa-35411	152	24	a	a	DET
cjfa-35411	152	25	highly	highly	ADV
cjfa-35411	152	26	collinear	collinear	ADJ
cjfa-35411	152	27	variable	variable	NOUN
cjfa-35411	152	28	,	,	PUNCT
cjfa-35411	152	29	resulting	result	VERB
cjfa-35411	152	30	into	into	ADP
cjfa-35411	152	31	the	the	DET
cjfa-35411	152	32	presence	presence	NOUN
cjfa-35411	152	33	of	of	ADP
cjfa-35411	152	34	severe	severe	ADJ
cjfa-35411	152	35	multicollinearity	multicollinearity	NOUN
cjfa-35411	152	36	in	in	ADP
cjfa-35411	152	37	the	the	DET
cjfa-35411	152	38	data	datum	NOUN
cjfa-35411	152	39	.	.	PUNCT
cjfa-35411	153	1	table	table	NOUN
cjfa-35411	153	2	5	5	NUM
cjfa-35411	153	3	shows	show	VERB
cjfa-35411	153	4	that	that	SCONJ
cjfa-35411	153	5	vifs	vif	NOUN
cjfa-35411	153	6	of	of	ADP
cjfa-35411	153	7	all	all	DET
cjfa-35411	153	8	the	the	DET
cjfa-35411	153	9	variables	variable	NOUN
cjfa-35411	153	10	included	include	VERB
cjfa-35411	153	11	in	in	ADP
cjfa-35411	153	12	the	the	DET
cjfa-35411	153	13	regression	regression	NOUN
cjfa-35411	153	14	model	model	NOUN
cjfa-35411	153	15	used	use	VERB
cjfa-35411	153	16	in	in	ADP
cjfa-35411	153	17	the	the	DET
cjfa-35411	153	18	present	present	ADJ
cjfa-35411	153	19	study	study	NOUN
cjfa-35411	153	20	were	be	AUX
cjfa-35411	153	21	less	less	ADJ
cjfa-35411	153	22	than	than	ADP
cjfa-35411	153	23	2	2	NUM
cjfa-35411	153	24	.	.	PUNCT
cjfa-35411	154	1	thus	thus	ADV
cjfa-35411	154	2	,	,	PUNCT
cjfa-35411	154	3	the	the	DET
cjfa-35411	154	4	data	datum	NOUN
cjfa-35411	154	5	used	use	VERB
cjfa-35411	154	6	in	in	ADP
cjfa-35411	154	7	the	the	DET
cjfa-35411	154	8	present	present	ADJ
cjfa-35411	154	9	study	study	NOUN
cjfa-35411	154	10	is	be	AUX
cjfa-35411	154	11	free	free	ADJ
cjfa-35411	154	12	from	from	ADP
cjfa-35411	154	13	the	the	DET
cjfa-35411	154	14	problem	problem	NOUN
cjfa-35411	154	15	of	of	ADP
cjfa-35411	154	16	multicollinearity	multicollinearity	NOUN
cjfa-35411	154	17	.	.	PUNCT
cjfa-35411	155	1	table	table	NOUN
cjfa-35411	155	2	5	5	NUM
cjfa-35411	155	3	.	.	PUNCT
cjfa-35411	155	4	variance	variance	NOUN
cjfa-35411	155	5	inflation	inflation	NOUN
cjfa-35411	155	6	factors	factor	NOUN
cjfa-35411	155	7	variables	variable	VERB
cjfa-35411	155	8	vif	vif	NOUN
cjfa-35411	155	9	1	1	NUM
cjfa-35411	155	10	/	/	SYM
cjfa-35411	155	11	vif	vif	NOUN
cjfa-35411	155	12	roce	roce	NOUN
cjfa-35411	155	13	1.05	1.05	NUM
cjfa-35411	155	14	0.947877	0.947877	NUM
cjfa-35411	155	15	qr	qr	NOUN
cjfa-35411	155	16	1.10	1.10	NUM
cjfa-35411	155	17	0.909137	0.909137	NUM
cjfa-35411	155	18	size	size	NOUN
cjfa-35411	155	19	1.35	1.35	NUM
cjfa-35411	155	20	0.740564	0.740564	NUM
cjfa-35411	155	21	bv	bv	PROPN
cjfa-35411	155	22	1.24	1.24	NUM
cjfa-35411	155	23	0.808603	0.808603	NUM
cjfa-35411	155	24	toa	toa	NOUN
cjfa-35411	155	25	1.23	1.23	NUM
cjfa-35411	155	26	0.813954	0.813954	NUM
cjfa-35411	155	27	der	der	NOUN
cjfa-35411	155	28	1.22	1.22	NUM
cjfa-35411	155	29	0.822991	0.822991	NUM
cjfa-35411	155	30	per	per	ADP
cjfa-35411	155	31	1.39	1.39	NUM
cjfa-35411	155	32	0.719191	0.719191	NUM
cjfa-35411	155	33	mean	mean	NOUN
cjfa-35411	155	34	vif	vif	NOUN
cjfa-35411	155	35	1.23	1.23	NUM
cjfa-35411	155	36	s	s	NOUN
cjfa-35411	155	37	o	o	NOUN
cjfa-35411	155	38	u	u	NOUN
cjfa-35411	155	39	r	r	NOUN
cjfa-35411	155	40	c	c	NOUN
cjfa-35411	155	41	e	e	NOUN
cjfa-35411	155	42	:	:	PUNCT
cjfa-35411	155	43	author	author	PROPN
cjfa-35411	155	44	’s	’s	PART
cjfa-35411	155	45	own	own	ADJ
cjfa-35411	155	46	calculations	calculation	NOUN
cjfa-35411	155	47	using	use	VERB
cjfa-35411	155	48	stata	stata	NOUN
cjfa-35411	155	49	software	software	NOUN
cjfa-35411	155	50	.	.	PUNCT
cjfa-35411	156	1	determinants	determinant	NOUN
cjfa-35411	156	2	of	of	ADP
cjfa-35411	156	3	dividend	dividend	NOUN
cjfa-35411	156	4	payout	payout	NOUN
cjfa-35411	156	5	decisions	decision	NOUN
cjfa-35411	156	6	…	…	PUNCT
cjfa-35411	156	7	21	21	NUM
cjfa-35411	156	8	selection	selection	NOUN
cjfa-35411	156	9	of	of	ADP
cjfa-35411	156	10	the	the	DET
cjfa-35411	156	11	final	final	ADJ
cjfa-35411	156	12	model	model	NOUN
cjfa-35411	156	13	from	from	ADP
cjfa-35411	156	14	ols	ols	PROPN
cjfa-35411	156	15	,	,	PUNCT
cjfa-35411	156	16	rem	rem	NOUN
cjfa-35411	156	17	and	and	CCONJ
cjfa-35411	156	18	fem	fem	NOUN
cjfa-35411	156	19	at	at	ADP
cjfa-35411	156	20	first	first	ADJ
cjfa-35411	156	21	,	,	PUNCT
cjfa-35411	156	22	random	random	ADJ
cjfa-35411	156	23	effects	effect	NOUN
cjfa-35411	156	24	model	model	NOUN
cjfa-35411	156	25	was	be	AUX
cjfa-35411	156	26	run	run	VERB
cjfa-35411	156	27	and	and	CCONJ
cjfa-35411	156	28	then	then	ADV
cjfa-35411	156	29	breusch	breusch	VERB
cjfa-35411	156	30	and	and	CCONJ
cjfa-35411	156	31	pagan	pagan	VERB
cjfa-35411	156	32	lagrangian	lagrangian	ADJ
cjfa-35411	156	33	multiplier	multipli	ADJ
cjfa-35411	156	34	test	test	NOUN
cjfa-35411	156	35	for	for	ADP
cjfa-35411	156	36	random	random	ADJ
cjfa-35411	156	37	effects	effect	NOUN
cjfa-35411	156	38	was	be	AUX
cjfa-35411	156	39	conducted	conduct	VERB
cjfa-35411	156	40	to	to	PART
cjfa-35411	156	41	find	find	VERB
cjfa-35411	156	42	out	out	ADP
cjfa-35411	156	43	whether	whether	SCONJ
cjfa-35411	156	44	there	there	PRON
cjfa-35411	156	45	are	be	VERB
cjfa-35411	156	46	significant	significant	ADJ
cjfa-35411	156	47	random	random	ADJ
cjfa-35411	156	48	effects	effect	NOUN
cjfa-35411	156	49	or	or	CCONJ
cjfa-35411	156	50	pooled	pool	VERB
cjfa-35411	156	51	ols	ol	NOUN
cjfa-35411	156	52	regression	regression	NOUN
cjfa-35411	156	53	needs	need	VERB
cjfa-35411	156	54	to	to	PART
cjfa-35411	156	55	be	be	AUX
cjfa-35411	156	56	preferred	prefer	VERB
cjfa-35411	156	57	.	.	PUNCT
cjfa-35411	157	1	results	result	NOUN
cjfa-35411	157	2	of	of	ADP
cjfa-35411	157	3	breusch	breusch	NOUN
cjfa-35411	157	4	and	and	CCONJ
cjfa-35411	157	5	pagan	pagan	VERB
cjfa-35411	157	6	lagrangian	lagrangian	ADJ
cjfa-35411	157	7	multiplier	multipli	ADJ
cjfa-35411	157	8	test	test	NOUN
cjfa-35411	157	9	for	for	ADP
cjfa-35411	157	10	random	random	ADJ
cjfa-35411	157	11	effects	effect	NOUN
cjfa-35411	157	12	showed	show	VERB
cjfa-35411	157	13	a	a	DET
cjfa-35411	157	14	p	p	NOUN
cjfa-35411	157	15	-	-	PUNCT
cjfa-35411	157	16	value	value	NOUN
cjfa-35411	157	17	of	of	ADP
cjfa-35411	157	18	0.00	0.00	NUM
cjfa-35411	157	19	which	which	PRON
cjfa-35411	157	20	indicated	indicate	VERB
cjfa-35411	157	21	that	that	SCONJ
cjfa-35411	157	22	the	the	DET
cjfa-35411	157	23	significant	significant	ADJ
cjfa-35411	157	24	random	random	ADJ
cjfa-35411	157	25	effects	effect	NOUN
cjfa-35411	157	26	were	be	AUX
cjfa-35411	157	27	present	present	ADJ
cjfa-35411	157	28	.	.	PUNCT
cjfa-35411	158	1	after	after	ADP
cjfa-35411	158	2	that	that	PRON
cjfa-35411	158	3	,	,	PUNCT
cjfa-35411	158	4	f	f	PROPN
cjfa-35411	158	5	test	test	NOUN
cjfa-35411	158	6	was	be	AUX
cjfa-35411	158	7	conducted	conduct	VERB
cjfa-35411	158	8	and	and	CCONJ
cjfa-35411	158	9	results	result	NOUN
cjfa-35411	158	10	of	of	ADP
cjfa-35411	158	11	the	the	DET
cjfa-35411	158	12	f	f	PROPN
cjfa-35411	158	13	test	test	NOUN
cjfa-35411	158	14	showed	show	VERB
cjfa-35411	158	15	a	a	DET
cjfa-35411	158	16	p	p	NOUN
cjfa-35411	158	17	-	-	PUNCT
cjfa-35411	158	18	value	value	NOUN
cjfa-35411	158	19	of	of	ADP
cjfa-35411	158	20	0.1979	0.1979	NUM
cjfa-35411	158	21	which	which	PRON
cjfa-35411	158	22	indicated	indicate	VERB
cjfa-35411	158	23	that	that	SCONJ
cjfa-35411	158	24	significant	significant	ADJ
cjfa-35411	158	25	fixed	fix	VERB
cjfa-35411	158	26	effects	effect	NOUN
cjfa-35411	158	27	were	be	AUX
cjfa-35411	158	28	not	not	PART
cjfa-35411	158	29	present	present	ADJ
cjfa-35411	158	30	.	.	PUNCT
cjfa-35411	159	1	as	as	ADP
cjfa-35411	159	2	a	a	DET
cjfa-35411	159	3	result	result	NOUN
cjfa-35411	159	4	,	,	PUNCT
cjfa-35411	159	5	rem	rem	PRON
cjfa-35411	159	6	was	be	AUX
cjfa-35411	159	7	selected	select	VERB
cjfa-35411	159	8	to	to	PART
cjfa-35411	159	9	study	study	VERB
cjfa-35411	159	10	the	the	DET
cjfa-35411	159	11	factors	factor	NOUN
cjfa-35411	159	12	affecting	affect	VERB
cjfa-35411	159	13	dividend	dividend	NOUN
cjfa-35411	159	14	payout	payout	NOUN
cjfa-35411	159	15	decisions	decision	NOUN
cjfa-35411	159	16	of	of	ADP
cjfa-35411	159	17	the	the	DET
cjfa-35411	159	18	selected	select	VERB
cjfa-35411	159	19	companies	company	NOUN
cjfa-35411	159	20	during	during	ADP
cjfa-35411	159	21	the	the	DET
cjfa-35411	159	22	study	study	NOUN
cjfa-35411	159	23	period	period	NOUN
cjfa-35411	159	24	.	.	PUNCT
cjfa-35411	160	1	panel	panel	NOUN
cjfa-35411	160	2	data	data	VERB
cjfa-35411	160	3	analysis	analysis	NOUN
cjfa-35411	160	4	the	the	DET
cjfa-35411	160	5	regression	regression	NOUN
cjfa-35411	160	6	model	model	NOUN
cjfa-35411	160	7	framed	frame	VERB
cjfa-35411	160	8	to	to	PART
cjfa-35411	160	9	study	study	VERB
cjfa-35411	160	10	the	the	DET
cjfa-35411	160	11	influence	influence	NOUN
cjfa-35411	160	12	of	of	ADP
cjfa-35411	160	13	various	various	ADJ
cjfa-35411	160	14	firm	firm	ADJ
cjfa-35411	160	15	-	-	PUNCT
cjfa-35411	160	16	specific	specific	ADJ
cjfa-35411	160	17	explanatory	explanatory	ADJ
cjfa-35411	160	18	variables	variable	NOUN
cjfa-35411	160	19	on	on	ADP
cjfa-35411	160	20	the	the	DET
cjfa-35411	160	21	dividend	dividend	NOUN
cjfa-35411	160	22	payout	payout	NOUN
cjfa-35411	160	23	decisions	decision	NOUN
cjfa-35411	160	24	of	of	ADP
cjfa-35411	160	25	the	the	DET
cjfa-35411	160	26	selected	select	VERB
cjfa-35411	160	27	companies	company	NOUN
cjfa-35411	160	28	is	be	AUX
cjfa-35411	160	29	presented	present	VERB
cjfa-35411	160	30	below	below	ADP
cjfa-35411	160	31	:	:	PUNCT
cjfa-35411	161	1	dprit=	dprit=	NUM
cjfa-35411	161	2	β0	β0	PROPN
cjfa-35411	161	3	+	+	CCONJ
cjfa-35411	161	4	β1roceit	β1roceit	ADJ
cjfa-35411	161	5	+	+	CCONJ
cjfa-35411	161	6	β2qrit	β2qrit	NOUN
cjfa-35411	161	7	+	+	CCONJ
cjfa-35411	161	8	β3sizeit+	β3sizeit+	ADJ
cjfa-35411	161	9	β4bvit	β4bvit	NOUN
cjfa-35411	162	1	+	+	CCONJ
cjfa-35411	162	2	β5toait	β5toait	NOUN
cjfa-35411	162	3	+	+	CCONJ
cjfa-35411	162	4	β6derit	β6derit	NOUN
cjfa-35411	163	1	+	+	CCONJ
cjfa-35411	163	2	β7perit	β7perit	NOUN
cjfa-35411	163	3	+	+	CCONJ
cjfa-35411	163	4	uit	uit	NOUN
cjfa-35411	163	5	where	where	SCONJ
cjfa-35411	163	6	,	,	PUNCT
cjfa-35411	163	7	dprit	dprit	NOUN
cjfa-35411	163	8	=	=	PUNCT
cjfa-35411	163	9	dividend	dividend	NOUN
cjfa-35411	163	10	payout	payout	NOUN
cjfa-35411	163	11	ratio	ratio	NOUN
cjfa-35411	163	12	for	for	ADP
cjfa-35411	163	13	company	company	NOUN
cjfa-35411	163	14	i	i	PRON
cjfa-35411	163	15	in	in	ADP
cjfa-35411	163	16	period	period	NOUN
cjfa-35411	163	17	t	t	NOUN
cjfa-35411	163	18	,	,	PUNCT
cjfa-35411	163	19	roceit	roceit	NOUN
cjfa-35411	163	20	=	=	PUNCT
cjfa-35411	163	21	return	return	NOUN
cjfa-35411	163	22	on	on	ADP
cjfa-35411	163	23	capital	capital	NOUN
cjfa-35411	163	24	employed	employ	VERB
cjfa-35411	163	25	ratio	ratio	NOUN
cjfa-35411	163	26	for	for	ADP
cjfa-35411	163	27	company	company	NOUN
cjfa-35411	163	28	i	i	PRON
cjfa-35411	163	29	in	in	ADP
cjfa-35411	163	30	period	period	NOUN
cjfa-35411	163	31	t	t	PROPN
cjfa-35411	163	32	,	,	PUNCT
cjfa-35411	163	33	qrit	qrit	NOUN
cjfa-35411	163	34	=	=	PUNCT
cjfa-35411	163	35	quick	quick	ADJ
cjfa-35411	163	36	ratio	ratio	NOUN
cjfa-35411	163	37	for	for	ADP
cjfa-35411	163	38	company	company	NOUN
cjfa-35411	163	39	i	i	PRON
cjfa-35411	163	40	in	in	ADP
cjfa-35411	163	41	period	period	NOUN
cjfa-35411	163	42	t	t	PROPN
cjfa-35411	163	43	,	,	PUNCT
cjfa-35411	163	44	sizeit	sizeit	ADJ
cjfa-35411	163	45	=	=	NOUN
cjfa-35411	163	46	size	size	NOUN
cjfa-35411	163	47	for	for	ADP
cjfa-35411	163	48	company	company	NOUN
cjfa-35411	163	49	i	i	PRON
cjfa-35411	163	50	in	in	ADP
cjfa-35411	163	51	period	period	NOUN
cjfa-35411	163	52	t	t	PROPN
cjfa-35411	163	53	,	,	PUNCT
cjfa-35411	163	54	bvit	bvit	NOUN
cjfa-35411	163	55	=	=	PUNCT
cjfa-35411	163	56	book	book	NOUN
cjfa-35411	163	57	value	value	NOUN
cjfa-35411	163	58	per	per	ADP
cjfa-35411	163	59	share	share	NOUN
cjfa-35411	163	60	for	for	ADP
cjfa-35411	163	61	company	company	NOUN
cjfa-35411	163	62	i	i	PRON
cjfa-35411	163	63	in	in	ADP
cjfa-35411	163	64	period	period	NOUN
cjfa-35411	163	65	t	t	PROPN
cjfa-35411	163	66	,	,	PUNCT
cjfa-35411	163	67	toait	toait	NOUN
cjfa-35411	163	68	=	=	PROPN
cjfa-35411	163	69	tangibility	tangibility	NOUN
cjfa-35411	163	70	of	of	ADP
cjfa-35411	163	71	assets	asset	NOUN
cjfa-35411	163	72	for	for	ADP
cjfa-35411	163	73	company	company	NOUN
cjfa-35411	163	74	i	i	PRON
cjfa-35411	163	75	in	in	ADP
cjfa-35411	163	76	period	period	NOUN
cjfa-35411	163	77	t	t	PROPN
cjfa-35411	163	78	,	,	PUNCT
cjfa-35411	163	79	derit	derit	NOUN
cjfa-35411	163	80	=	=	NOUN
cjfa-35411	163	81	debt	debt	NOUN
cjfa-35411	163	82	-	-	PUNCT
cjfa-35411	163	83	equity	equity	NOUN
cjfa-35411	163	84	ratio	ratio	NOUN
cjfa-35411	163	85	for	for	ADP
cjfa-35411	163	86	company	company	NOUN
cjfa-35411	163	87	i	i	PRON
cjfa-35411	163	88	in	in	ADP
cjfa-35411	163	89	period	period	NOUN
cjfa-35411	163	90	t	t	PROPN
cjfa-35411	163	91	,	,	PUNCT
cjfa-35411	163	92	and	and	CCONJ
cjfa-35411	163	93	perit	perit	NOUN
cjfa-35411	163	94	=	=	PUNCT
cjfa-35411	163	95	price	price	NOUN
cjfa-35411	163	96	earnings	earning	NOUN
cjfa-35411	163	97	ratio	ratio	NOUN
cjfa-35411	163	98	for	for	ADP
cjfa-35411	163	99	company	company	NOUN
cjfa-35411	163	100	i	i	PRON
cjfa-35411	163	101	in	in	ADP
cjfa-35411	163	102	period	period	NOUN
cjfa-35411	164	1	t.	t.	PROPN
cjfa-35411	164	2	β0	β0	PROPN
cjfa-35411	164	3	is	be	AUX
cjfa-35411	164	4	the	the	DET
cjfa-35411	164	5	intercept	intercept	NOUN
cjfa-35411	164	6	;	;	PUNCT
cjfa-35411	164	7	β1	β1	PROPN
cjfa-35411	164	8	is	be	AUX
cjfa-35411	164	9	the	the	DET
cjfa-35411	164	10	slope	slope	NOUN
cjfa-35411	164	11	(	(	PUNCT
cjfa-35411	164	12	coefficient	coefficient	NOUN
cjfa-35411	164	13	or	or	CCONJ
cjfa-35411	164	14	parameter	parameter	NOUN
cjfa-35411	164	15	estimate	estimate	NOUN
cjfa-35411	164	16	)	)	PUNCT
cjfa-35411	164	17	of	of	ADP
cjfa-35411	164	18	profitability	profitability	NOUN
cjfa-35411	164	19	of	of	ADP
cjfa-35411	164	20	a	a	DET
cjfa-35411	164	21	company	company	NOUN
cjfa-35411	164	22	measured	measure	VERB
cjfa-35411	164	23	by	by	ADP
cjfa-35411	164	24	return	return	NOUN
cjfa-35411	164	25	on	on	ADP
cjfa-35411	164	26	capital	capital	NOUN
cjfa-35411	164	27	employed	employ	VERB
cjfa-35411	164	28	ratio	ratio	NOUN
cjfa-35411	164	29	;	;	PUNCT
cjfa-35411	164	30	β2	β2	PROPN
cjfa-35411	164	31	is	be	AUX
cjfa-35411	164	32	the	the	DET
cjfa-35411	164	33	slope	slope	NOUN
cjfa-35411	164	34	of	of	ADP
cjfa-35411	164	35	liquidity	liquidity	NOUN
cjfa-35411	164	36	measured	measure	VERB
cjfa-35411	164	37	by	by	ADP
cjfa-35411	164	38	quick	quick	ADJ
cjfa-35411	164	39	ratio	ratio	NOUN
cjfa-35411	164	40	;	;	PUNCT
cjfa-35411	164	41	β3	β3	INTJ
cjfa-35411	164	42	is	be	AUX
cjfa-35411	164	43	the	the	DET
cjfa-35411	164	44	slope	slope	NOUN
cjfa-35411	164	45	of	of	ADP
cjfa-35411	164	46	size	size	NOUN
cjfa-35411	164	47	of	of	ADP
cjfa-35411	164	48	the	the	DET
cjfa-35411	164	49	company	company	NOUN
cjfa-35411	164	50	;	;	PUNCT
cjfa-35411	164	51	β4	β4	PROPN
cjfa-35411	164	52	is	be	AUX
cjfa-35411	164	53	the	the	DET
cjfa-35411	164	54	slope	slope	NOUN
cjfa-35411	164	55	of	of	ADP
cjfa-35411	164	56	book	book	NOUN
cjfa-35411	164	57	value	value	NOUN
cjfa-35411	164	58	per	per	ADP
cjfa-35411	164	59	share	share	NOUN
cjfa-35411	164	60	;	;	PUNCT
cjfa-35411	164	61	β5	β5	NOUN
cjfa-35411	164	62	is	be	AUX
cjfa-35411	164	63	the	the	DET
cjfa-35411	164	64	slope	slope	NOUN
cjfa-35411	164	65	of	of	ADP
cjfa-35411	164	66	tangibility	tangibility	NOUN
cjfa-35411	164	67	of	of	ADP
cjfa-35411	164	68	assets	asset	NOUN
cjfa-35411	164	69	;	;	PUNCT
cjfa-35411	164	70	β6	β6	PROPN
cjfa-35411	164	71	is	be	AUX
cjfa-35411	164	72	the	the	DET
cjfa-35411	164	73	slope	slope	NOUN
cjfa-35411	164	74	of	of	ADP
cjfa-35411	164	75	leverage	leverage	NOUN
cjfa-35411	164	76	measured	measure	VERB
cjfa-35411	164	77	by	by	ADP
cjfa-35411	164	78	debt	debt	NOUN
cjfa-35411	164	79	-	-	PUNCT
cjfa-35411	164	80	equity	equity	NOUN
cjfa-35411	164	81	ratio	ratio	NOUN
cjfa-35411	164	82	;	;	PUNCT
cjfa-35411	164	83	β7	β7	PROPN
cjfa-35411	164	84	is	be	AUX
cjfa-35411	164	85	the	the	DET
cjfa-35411	164	86	slope	slope	NOUN
cjfa-35411	164	87	of	of	ADP
cjfa-35411	164	88	price	price	NOUN
cjfa-35411	164	89	earnings	earning	NOUN
cjfa-35411	164	90	ratio	ratio	NOUN
cjfa-35411	164	91	;	;	PUNCT
cjfa-35411	164	92	and	and	CCONJ
cjfa-35411	164	93	uit	uit	NOUN
cjfa-35411	164	94	is	be	AUX
cjfa-35411	164	95	the	the	DET
cjfa-35411	164	96	error	error	NOUN
cjfa-35411	164	97	term	term	NOUN
cjfa-35411	164	98	.	.	PUNCT
cjfa-35411	165	1	i=	i=	PROPN
cjfa-35411	165	2	1	1	NUM
cjfa-35411	165	3	,	,	PUNCT
cjfa-35411	165	4	2	2	NUM
cjfa-35411	165	5	,	,	PUNCT
cjfa-35411	165	6	3	3	NUM
cjfa-35411	165	7	…	…	PUNCT
cjfa-35411	165	8	.	.	PUNCT
cjfa-35411	166	1	12	12	NUM
cjfa-35411	166	2	companies	company	NOUN
cjfa-35411	166	3	,	,	PUNCT
cjfa-35411	166	4	t=	t=	NOUN
cjfa-35411	166	5	time	time	NOUN
cjfa-35411	166	6	1	1	NUM
cjfa-35411	166	7	,	,	PUNCT
cjfa-35411	166	8	2	2	NUM
cjfa-35411	166	9	,	,	PUNCT
cjfa-35411	166	10	3	3	NUM
cjfa-35411	166	11	…	…	SYM
cjfa-35411	166	12	15	15	NUM
cjfa-35411	166	13	years	year	NOUN
cjfa-35411	166	14	.	.	PUNCT
cjfa-35411	167	1	navleen	navleen	PROPN
cjfa-35411	167	2	kaur22	kaur22	NOUN
cjfa-35411	167	3	table	table	PROPN
cjfa-35411	167	4	6.panel	6.panel	NUM
cjfa-35411	167	5	data	datum	NOUN
cjfa-35411	167	6	analysis	analysis	NOUN
cjfa-35411	167	7	using	use	VERB
cjfa-35411	167	8	random	random	ADJ
cjfa-35411	167	9	effects	effect	NOUN
cjfa-35411	167	10	model	model	VERB
cjfa-35411	167	11	random	random	ADJ
cjfa-35411	167	12	effects	effect	NOUN
cjfa-35411	167	13	gls	gl	VERB
cjfa-35411	167	14	regression	regression	NOUN
cjfa-35411	167	15	number	number	NOUN
cjfa-35411	167	16	of	of	ADP
cjfa-35411	167	17	observations	observation	NOUN
cjfa-35411	167	18	=	=	SYM
cjfa-35411	167	19	180	180	NUM
cjfa-35411	167	20	group	group	NOUN
cjfa-35411	167	21	variable	variable	NOUN
cjfa-35411	167	22	:	:	PUNCT
cjfa-35411	167	23	company	company	NOUN
cjfa-35411	167	24	-	-	PUNCT
cjfa-35411	167	25	id	id	NOUN
cjfa-35411	167	26	number	number	NOUN
cjfa-35411	167	27	of	of	ADP
cjfa-35411	167	28	companies	company	NOUN
cjfa-35411	167	29	=	=	NOUN
cjfa-35411	167	30	12	12	NUM
cjfa-35411	167	31	r2	r2	NOUN
cjfa-35411	167	32	:	:	PUNCT
cjfa-35411	167	33	within	within	ADP
cjfa-35411	167	34	=	=	ADJ
cjfa-35411	167	35	0.0234	0.0234	NUM
cjfa-35411	167	36	observations	observation	NOUN
cjfa-35411	167	37	per	per	ADP
cjfa-35411	167	38	company	company	NOUN
cjfa-35411	167	39	:	:	PUNCT
cjfa-35411	167	40	minimum	minimum	NOUN
cjfa-35411	167	41	=	=	SYM
cjfa-35411	167	42	15	15	NUM
cjfa-35411	167	43	average	average	NOUN
cjfa-35411	167	44	=	=	SYM
cjfa-35411	167	45	15	15	NUM
cjfa-35411	167	46	maximum	maximum	NOUN
cjfa-35411	167	47	=	=	NOUN
cjfa-35411	167	48	15	15	NUM
cjfa-35411	167	49	between	between	ADP
cjfa-35411	167	50	=	=	NOUN
cjfa-35411	167	51	0.6556	0.6556	NUM
cjfa-35411	167	52	overall	overall	ADJ
cjfa-35411	167	53	=	=	NUM
cjfa-35411	167	54	0.3854	0.3854	NUM
cjfa-35411	167	55	prob	prob	NOUN
cjfa-35411	167	56	.	.	PUNCT
cjfa-35411	168	1	>	>	X
cjfa-35411	168	2	chi2	chi2	PROPN
cjfa-35411	169	1	=	=	SYM
cjfa-35411	169	2	0.0000	0.0000	NUM
cjfa-35411	169	3	variables	variable	VERB
cjfa-35411	169	4	regression	regression	NOUN
cjfa-35411	169	5	coefficient	coefficient	NOUN
cjfa-35411	169	6	standard	standard	ADJ
cjfa-35411	169	7	error	error	NOUN
cjfa-35411	169	8	z	z	NOUN
cjfa-35411	169	9	p	p	X
cjfa-35411	169	10	>	>	X
cjfa-35411	169	11	|z|	|z|	NOUN
cjfa-35411	169	12	c	c	NOUN
cjfa-35411	169	13	-.8552511	-.8552511	PROPN
cjfa-35411	169	14	1.004725	1.004725	NUM
cjfa-35411	169	15	-0.85	-0.85	NOUN
cjfa-35411	169	16	0.395	0.395	NUM
cjfa-35411	169	17	roce	roce	NOUN
cjfa-35411	169	18	.3071646	.3071646	PUNCT
cjfa-35411	170	1	.1825755	.1825755	PROPN
cjfa-35411	171	1	*	*	PUNCT
cjfa-35411	171	2	*	*	PUNCT
cjfa-35411	171	3	*	*	PUNCT
cjfa-35411	171	4	1.68	1.68	NUM
cjfa-35411	171	5	0.092	0.092	NUM
cjfa-35411	171	6	qr	qr	NOUN
cjfa-35411	171	7	-.1110894	-.1110894	PUNCT
cjfa-35411	171	8	.1572276	.1572276	PROPN
cjfa-35411	171	9	-0.71	-0.71	NOUN
cjfa-35411	171	10	0.480	0.480	NUM
cjfa-35411	171	11	size	size	NOUN
cjfa-35411	172	1	.1729584	.1729584	PROPN
cjfa-35411	172	2	.0517767	.0517767	PROPN
cjfa-35411	172	3	*	*	PUNCT
cjfa-35411	172	4	3.34	3.34	NUM
cjfa-35411	172	5	0.001	0.001	NUM
cjfa-35411	172	6	bv	bv	NOUN
cjfa-35411	172	7	-.0005941	-.0005941	PUNCT
cjfa-35411	172	8	.0002722	.0002722	PROPN
cjfa-35411	172	9	*	*	PUNCT
cjfa-35411	172	10	*	*	PUNCT
cjfa-35411	172	11	-2.18	-2.18	NUM
cjfa-35411	172	12	0.029	0.029	NUM
cjfa-35411	172	13	toa	toa	PROPN
cjfa-35411	172	14	-.2744477	-.2744477	PUNCT
cjfa-35411	172	15	.1399673	.1399673	PROPN
cjfa-35411	172	16	*	*	PUNCT
cjfa-35411	172	17	*	*	PUNCT
cjfa-35411	172	18	-1.96	-1.96	NUM
cjfa-35411	172	19	0.050	0.050	NUM
cjfa-35411	172	20	der	der	NOUN
cjfa-35411	172	21	-.1555669	-.1555669	PUNCT
cjfa-35411	172	22	.0888975	.0888975	NOUN
cjfa-35411	172	23	*	*	PUNCT
cjfa-35411	172	24	*	*	PUNCT
cjfa-35411	172	25	*	*	PUNCT
cjfa-35411	172	26	-1.75	-1.75	NUM
cjfa-35411	172	27	0.080	0.080	NUM
cjfa-35411	172	28	per	per	ADP
cjfa-35411	172	29	.3034171	.3034171	PROPN
cjfa-35411	172	30	.0757587	.0757587	PROPN
cjfa-35411	172	31	*	*	PUNCT
cjfa-35411	173	1	4.01	4.01	NUM
cjfa-35411	173	2	0.000	0.000	NUM
cjfa-35411	173	3	*	*	PUNCT
cjfa-35411	173	4	significant	significant	ADJ
cjfa-35411	173	5	at	at	ADP
cjfa-35411	173	6	1	1	NUM
cjfa-35411	173	7	per	per	NOUN
cjfa-35411	173	8	cent	cent	NOUN
cjfa-35411	173	9	level	level	NOUN
cjfa-35411	173	10	of	of	ADP
cjfa-35411	173	11	significance	significance	NOUN
cjfa-35411	173	12	,	,	PUNCT
cjfa-35411	173	13	*	*	PUNCT
cjfa-35411	173	14	*	*	PUNCT
cjfa-35411	173	15	significant	significant	ADJ
cjfa-35411	173	16	at	at	ADP
cjfa-35411	173	17	5	5	NUM
cjfa-35411	173	18	per	per	NOUN
cjfa-35411	173	19	cent	cent	NOUN
cjfa-35411	173	20	level	level	NOUN
cjfa-35411	173	21	of	of	ADP
cjfa-35411	173	22	significance	significance	NOUN
cjfa-35411	173	23	,	,	PUNCT
cjfa-35411	173	24	*	*	PUNCT
cjfa-35411	173	25	*	*	PUNCT
cjfa-35411	173	26	*	*	PUNCT
cjfa-35411	173	27	significant	significant	ADJ
cjfa-35411	173	28	at	at	ADP
cjfa-35411	173	29	10	10	NUM
cjfa-35411	173	30	per	per	NOUN
cjfa-35411	173	31	cent	cent	NOUN
cjfa-35411	173	32	level	level	NOUN
cjfa-35411	173	33	of	of	ADP
cjfa-35411	173	34	significance	significance	NOUN
cjfa-35411	173	35	.	.	PUNCT
cjfa-35411	174	1	s	s	PART
cjfa-35411	174	2	o	o	X
cjfa-35411	174	3	u	u	NOUN
cjfa-35411	174	4	r	r	NOUN
cjfa-35411	174	5	c	c	NOUN
cjfa-35411	174	6	e	e	NOUN
cjfa-35411	174	7	:	:	PUNCT
cjfa-35411	174	8	author	author	PROPN
cjfa-35411	174	9	’s	’s	PART
cjfa-35411	174	10	own	own	ADJ
cjfa-35411	174	11	calculations	calculation	NOUN
cjfa-35411	174	12	using	use	VERB
cjfa-35411	174	13	stata	stata	NOUN
cjfa-35411	174	14	software	software	NOUN
cjfa-35411	174	15	.	.	PUNCT
cjfa-35411	175	1	the	the	DET
cjfa-35411	175	2	panel	panel	NOUN
cjfa-35411	175	3	data	data	VERB
cjfa-35411	175	4	regression	regression	NOUN
cjfa-35411	175	5	results	result	NOUN
cjfa-35411	175	6	in	in	ADP
cjfa-35411	175	7	table	table	NOUN
cjfa-35411	175	8	6	6	NUM
cjfa-35411	175	9	clearly	clearly	ADV
cjfa-35411	175	10	show	show	VERB
cjfa-35411	175	11	that	that	SCONJ
cjfa-35411	175	12	all	all	DET
cjfa-35411	175	13	the	the	DET
cjfa-35411	175	14	explanatory	explanatory	ADJ
cjfa-35411	175	15	variables	variable	NOUN
cjfa-35411	175	16	except	except	SCONJ
cjfa-35411	175	17	liquidity	liquidity	NOUN
cjfa-35411	175	18	,	,	PUNCT
cjfa-35411	175	19	were	be	AUX
cjfa-35411	175	20	statistically	statistically	ADV
cjfa-35411	175	21	significant	significant	ADJ
cjfa-35411	175	22	during	during	ADP
cjfa-35411	175	23	the	the	DET
cjfa-35411	175	24	study	study	NOUN
cjfa-35411	175	25	period	period	NOUN
cjfa-35411	175	26	from	from	ADP
cjfa-35411	175	27	2003	2003	NUM
cjfa-35411	175	28	-	-	SYM
cjfa-35411	175	29	04	04	NUM
cjfa-35411	175	30	to	to	ADP
cjfa-35411	175	31	2017	2017	NUM
cjfa-35411	175	32	-	-	SYM
cjfa-35411	175	33	18	18	NUM
cjfa-35411	175	34	.	.	PUNCT
cjfa-35411	176	1	return	return	NOUN
cjfa-35411	176	2	on	on	ADP
cjfa-35411	176	3	capital	capital	NOUN
cjfa-35411	176	4	employed	employ	VERB
cjfa-35411	176	5	depicted	depict	VERB
cjfa-35411	176	6	a	a	DET
cjfa-35411	176	7	positive	positive	ADJ
cjfa-35411	176	8	relationship	relationship	NOUN
cjfa-35411	176	9	with	with	ADP
cjfa-35411	176	10	the	the	DET
cjfa-35411	176	11	dividend	dividend	NOUN
cjfa-35411	176	12	payout	payout	NOUN
cjfa-35411	176	13	ratio	ratio	NOUN
cjfa-35411	176	14	,	,	PUNCT
cjfa-35411	176	15	which	which	PRON
cjfa-35411	176	16	was	be	AUX
cjfa-35411	176	17	statistically	statistically	ADV
cjfa-35411	176	18	significant	significant	ADJ
cjfa-35411	176	19	at	at	ADP
cjfa-35411	176	20	10	10	NUM
cjfa-35411	176	21	percent	percent	NOUN
cjfa-35411	176	22	level	level	NOUN
cjfa-35411	176	23	of	of	ADP
cjfa-35411	176	24	significance	significance	NOUN
cjfa-35411	176	25	.	.	PUNCT
cjfa-35411	177	1	profitability	profitability	NOUN
cjfa-35411	177	2	position	position	NOUN
cjfa-35411	177	3	is	be	AUX
cjfa-35411	177	4	the	the	DET
cjfa-35411	177	5	strongest	strong	ADJ
cjfa-35411	177	6	factor	factor	NOUN
cjfa-35411	177	7	affecting	affect	VERB
cjfa-35411	177	8	dividend	dividend	NOUN
cjfa-35411	177	9	payout	payout	ADJ
cjfa-35411	177	10	decision	decision	NOUN
cjfa-35411	177	11	of	of	ADP
cjfa-35411	177	12	the	the	DET
cjfa-35411	177	13	sample	sample	NOUN
cjfa-35411	177	14	companies	company	NOUN
cjfa-35411	177	15	during	during	ADP
cjfa-35411	177	16	the	the	DET
cjfa-35411	177	17	study	study	NOUN
cjfa-35411	177	18	period	period	NOUN
cjfa-35411	177	19	because	because	SCONJ
cjfa-35411	177	20	1	1	NUM
cjfa-35411	177	21	percent	percent	NOUN
cjfa-35411	177	22	increase	increase	NOUN
cjfa-35411	177	23	in	in	ADP
cjfa-35411	177	24	the	the	DET
cjfa-35411	177	25	profitability	profitability	NOUN
cjfa-35411	177	26	of	of	ADP
cjfa-35411	177	27	an	an	DET
cjfa-35411	177	28	indian	indian	ADJ
cjfa-35411	177	29	automobile	automobile	NOUN
cjfa-35411	177	30	company	company	NOUN
cjfa-35411	177	31	resulted	result	VERB
cjfa-35411	177	32	in	in	ADP
cjfa-35411	177	33	0.31	0.31	NUM
cjfa-35411	177	34	percent	percent	NOUN
cjfa-35411	177	35	increase	increase	NOUN
cjfa-35411	177	36	in	in	ADP
cjfa-35411	177	37	the	the	DET
cjfa-35411	177	38	dividend	dividend	NOUN
cjfa-35411	177	39	payments	payment	NOUN
cjfa-35411	177	40	of	of	ADP
cjfa-35411	177	41	the	the	DET
cjfa-35411	177	42	selected	select	VERB
cjfa-35411	177	43	companies	company	NOUN
cjfa-35411	177	44	.	.	PUNCT
cjfa-35411	178	1	price	price	NOUN
cjfa-35411	178	2	earnings	earning	NOUN
cjfa-35411	178	3	ratio	ratio	NOUN
cjfa-35411	178	4	which	which	PRON
cjfa-35411	178	5	measures	measure	VERB
cjfa-35411	178	6	the	the	DET
cjfa-35411	178	7	risk	risk	NOUN
cjfa-35411	178	8	level	level	NOUN
cjfa-35411	178	9	depicted	depict	VERB
cjfa-35411	178	10	positive	positive	ADJ
cjfa-35411	178	11	relationship	relationship	NOUN
cjfa-35411	178	12	with	with	ADP
cjfa-35411	178	13	the	the	DET
cjfa-35411	178	14	dependent	dependent	ADJ
cjfa-35411	178	15	variable	variable	NOUN
cjfa-35411	178	16	which	which	PRON
cjfa-35411	178	17	was	be	AUX
cjfa-35411	178	18	statistically	statistically	ADV
cjfa-35411	178	19	significant	significant	ADJ
cjfa-35411	178	20	at	at	ADP
cjfa-35411	178	21	1	1	NUM
cjfa-35411	178	22	percent	percent	NOUN
cjfa-35411	178	23	level	level	NOUN
cjfa-35411	178	24	of	of	ADP
cjfa-35411	178	25	significance	significance	NOUN
cjfa-35411	178	26	price	price	NOUN
cjfa-35411	178	27	earnings	earning	NOUN
cjfa-35411	178	28	ratio	ratio	NOUN
cjfa-35411	178	29	comes	come	VERB
cjfa-35411	178	30	out	out	ADP
cjfa-35411	178	31	to	to	PART
cjfa-35411	178	32	be	be	AUX
cjfa-35411	178	33	determinants	determinant	NOUN
cjfa-35411	178	34	of	of	ADP
cjfa-35411	178	35	dividend	dividend	NOUN
cjfa-35411	178	36	payout	payout	NOUN
cjfa-35411	178	37	decisions	decision	NOUN
cjfa-35411	178	38	…	…	PUNCT
cjfa-35411	178	39	23	23	NUM
cjfa-35411	178	40	the	the	DET
cjfa-35411	178	41	second	second	ADJ
cjfa-35411	178	42	most	most	ADV
cjfa-35411	178	43	important	important	ADJ
cjfa-35411	178	44	factor	factor	NOUN
cjfa-35411	178	45	affecting	affect	VERB
cjfa-35411	178	46	the	the	DET
cjfa-35411	178	47	dependent	dependent	ADJ
cjfa-35411	178	48	variable	variable	NOUN
cjfa-35411	178	49	.	.	PUNCT
cjfa-35411	179	1	with	with	ADP
cjfa-35411	179	2	1	1	NUM
cjfa-35411	179	3	percent	percent	NOUN
cjfa-35411	179	4	increase	increase	NOUN
cjfa-35411	179	5	in	in	ADP
cjfa-35411	179	6	price	price	NOUN
cjfa-35411	179	7	earnings	earning	NOUN
cjfa-35411	179	8	ratio	ratio	NOUN
cjfa-35411	179	9	,	,	PUNCT
cjfa-35411	179	10	a	a	DET
cjfa-35411	179	11	0.30	0.30	NUM
cjfa-35411	179	12	percent	percent	NOUN
cjfa-35411	179	13	increase	increase	NOUN
cjfa-35411	179	14	was	be	AUX
cjfa-35411	179	15	noticed	notice	VERB
cjfa-35411	179	16	in	in	ADP
cjfa-35411	179	17	the	the	DET
cjfa-35411	179	18	dividend	dividend	NOUN
cjfa-35411	179	19	payout	payout	NOUN
cjfa-35411	179	20	ratio	ratio	NOUN
cjfa-35411	179	21	of	of	ADP
cjfa-35411	179	22	the	the	DET
cjfa-35411	179	23	selected	select	VERB
cjfa-35411	179	24	companies	company	NOUN
cjfa-35411	179	25	.	.	PUNCT
cjfa-35411	180	1	size	size	NOUN
cjfa-35411	180	2	also	also	ADV
cjfa-35411	180	3	depicted	depict	VERB
cjfa-35411	180	4	statistically	statistically	ADV
cjfa-35411	180	5	significant	significant	ADJ
cjfa-35411	180	6	positive	positive	ADJ
cjfa-35411	180	7	relationship	relationship	NOUN
cjfa-35411	180	8	with	with	ADP
cjfa-35411	180	9	the	the	DET
cjfa-35411	180	10	dividend	dividend	NOUN
cjfa-35411	180	11	payout	payout	NOUN
cjfa-35411	180	12	ratio	ratio	NOUN
cjfa-35411	180	13	,	,	PUNCT
cjfa-35411	180	14	at	at	ADP
cjfa-35411	180	15	1	1	NUM
cjfa-35411	180	16	percent	percent	NOUN
cjfa-35411	180	17	level	level	NOUN
cjfa-35411	180	18	of	of	ADP
cjfa-35411	180	19	significance	significance	NOUN
cjfa-35411	180	20	.	.	PUNCT
cjfa-35411	181	1	a	a	DET
cjfa-35411	181	2	percentage	percentage	NOUN
cjfa-35411	181	3	increase	increase	NOUN
cjfa-35411	181	4	in	in	ADP
cjfa-35411	181	5	size	size	NOUN
cjfa-35411	181	6	of	of	ADP
cjfa-35411	181	7	an	an	DET
cjfa-35411	181	8	indian	indian	ADJ
cjfa-35411	181	9	automobile	automobile	NOUN
cjfa-35411	181	10	company	company	NOUN
cjfa-35411	181	11	showed	show	VERB
cjfa-35411	181	12	an	an	DET
cjfa-35411	181	13	increase	increase	NOUN
cjfa-35411	181	14	of	of	ADP
cjfa-35411	181	15	0.17	0.17	NUM
cjfa-35411	181	16	percent	percent	NOUN
cjfa-35411	181	17	in	in	ADP
cjfa-35411	181	18	its	its	PRON
cjfa-35411	181	19	dividend	dividend	NOUN
cjfa-35411	181	20	payments	payment	NOUN
cjfa-35411	181	21	.	.	PUNCT
cjfa-35411	182	1	book	book	NOUN
cjfa-35411	182	2	value	value	NOUN
cjfa-35411	182	3	per	per	ADP
cjfa-35411	182	4	share	share	NOUN
cjfa-35411	182	5	and	and	CCONJ
cjfa-35411	182	6	tangibility	tangibility	NOUN
cjfa-35411	182	7	of	of	ADP
cjfa-35411	182	8	assets	asset	NOUN
cjfa-35411	182	9	depicted	depict	VERB
cjfa-35411	182	10	negative	negative	ADJ
cjfa-35411	182	11	relationship	relationship	NOUN
cjfa-35411	182	12	with	with	ADP
cjfa-35411	182	13	the	the	DET
cjfa-35411	182	14	dividend	dividend	NOUN
cjfa-35411	182	15	payout	payout	NOUN
cjfa-35411	182	16	ratio	ratio	NOUN
cjfa-35411	182	17	which	which	PRON
cjfa-35411	182	18	was	be	AUX
cjfa-35411	182	19	statistically	statistically	ADV
cjfa-35411	182	20	significant	significant	ADJ
cjfa-35411	182	21	at	at	ADP
cjfa-35411	182	22	5	5	NUM
cjfa-35411	182	23	percent	percent	NOUN
cjfa-35411	182	24	level	level	NOUN
cjfa-35411	182	25	of	of	ADP
cjfa-35411	182	26	significance	significance	NOUN
cjfa-35411	182	27	.	.	PUNCT
cjfa-35411	183	1	an	an	DET
cjfa-35411	183	2	increase	increase	NOUN
cjfa-35411	183	3	of	of	ADP
cjfa-35411	183	4	1	1	NUM
cjfa-35411	183	5	percent	percent	NOUN
cjfa-35411	183	6	in	in	ADP
cjfa-35411	183	7	the	the	DET
cjfa-35411	183	8	tangibility	tangibility	NOUN
cjfa-35411	183	9	of	of	ADP
cjfa-35411	183	10	assets	asset	NOUN
cjfa-35411	183	11	depicted	depict	VERB
cjfa-35411	183	12	0.27	0.27	NUM
cjfa-35411	183	13	percent	percent	NOUN
cjfa-35411	183	14	decrease	decrease	NOUN
cjfa-35411	183	15	in	in	ADP
cjfa-35411	183	16	the	the	DET
cjfa-35411	183	17	dividend	dividend	NOUN
cjfa-35411	183	18	payments	payment	NOUN
cjfa-35411	183	19	by	by	ADP
cjfa-35411	183	20	the	the	DET
cjfa-35411	183	21	selected	select	VERB
cjfa-35411	183	22	companies	company	NOUN
cjfa-35411	183	23	.	.	PUNCT
cjfa-35411	184	1	further	far	ADV
cjfa-35411	184	2	,	,	PUNCT
cjfa-35411	184	3	if	if	SCONJ
cjfa-35411	184	4	the	the	DET
cjfa-35411	184	5	book	book	NOUN
cjfa-35411	184	6	value	value	NOUN
cjfa-35411	184	7	per	per	ADP
cjfa-35411	184	8	share	share	NOUN
cjfa-35411	184	9	of	of	ADP
cjfa-35411	184	10	the	the	DET
cjfa-35411	184	11	selected	select	VERB
cjfa-35411	184	12	companies	company	NOUN
cjfa-35411	184	13	increases	increase	VERB
cjfa-35411	184	14	by	by	ADP
cjfa-35411	184	15	1	1	NUM
cjfa-35411	184	16	percent	percent	NOUN
cjfa-35411	184	17	a	a	DET
cjfa-35411	184	18	fall	fall	NOUN
cjfa-35411	184	19	of	of	ADP
cjfa-35411	184	20	0.0006	0.0006	NUM
cjfa-35411	184	21	percent	percent	NOUN
cjfa-35411	184	22	was	be	AUX
cjfa-35411	184	23	witnessed	witness	VERB
cjfa-35411	184	24	in	in	ADP
cjfa-35411	184	25	their	their	PRON
cjfa-35411	184	26	dividend	dividend	NOUN
cjfa-35411	184	27	payments	payment	NOUN
cjfa-35411	184	28	.	.	PUNCT
cjfa-35411	185	1	a	a	DET
cjfa-35411	185	2	statistically	statistically	ADV
cjfa-35411	185	3	significant	significant	ADJ
cjfa-35411	185	4	negative	negative	ADJ
cjfa-35411	185	5	relationship	relationship	NOUN
cjfa-35411	185	6	was	be	AUX
cjfa-35411	185	7	found	find	VERB
cjfa-35411	185	8	between	between	ADP
cjfa-35411	185	9	leverage	leverage	NOUN
cjfa-35411	185	10	and	and	CCONJ
cjfa-35411	185	11	dividend	dividend	NOUN
cjfa-35411	185	12	payout	payout	NOUN
cjfa-35411	185	13	ratio	ratio	NOUN
cjfa-35411	185	14	of	of	ADP
cjfa-35411	185	15	the	the	DET
cjfa-35411	185	16	selected	select	VERB
cjfa-35411	185	17	automobile	automobile	NOUN
cjfa-35411	185	18	companies	company	NOUN
cjfa-35411	185	19	at	at	ADP
cjfa-35411	185	20	10	10	NUM
cjfa-35411	185	21	percent	percent	NOUN
cjfa-35411	185	22	level	level	NOUN
cjfa-35411	185	23	of	of	ADP
cjfa-35411	185	24	significance	significance	NOUN
cjfa-35411	185	25	.	.	PUNCT
cjfa-35411	186	1	a	a	DET
cjfa-35411	186	2	percentage	percentage	NOUN
cjfa-35411	186	3	increase	increase	NOUN
cjfa-35411	186	4	in	in	ADP
cjfa-35411	186	5	debt	debt	NOUN
cjfa-35411	186	6	-	-	PUNCT
cjfa-35411	186	7	equity	equity	NOUN
cjfa-35411	186	8	ratio	ratio	NOUN
cjfa-35411	186	9	showed	show	VERB
cjfa-35411	186	10	a	a	DET
cjfa-35411	186	11	decrease	decrease	NOUN
cjfa-35411	186	12	of	of	ADP
cjfa-35411	186	13	0.16	0.16	NUM
cjfa-35411	186	14	percent	percent	NOUN
cjfa-35411	186	15	in	in	ADP
cjfa-35411	186	16	the	the	DET
cjfa-35411	186	17	dividend	dividend	NOUN
cjfa-35411	186	18	payments	payment	NOUN
cjfa-35411	186	19	.	.	PUNCT
cjfa-35411	186	20	 	 	SPACE
cjfa-35411	187	1	conclusion	conclusion	NOUN
cjfa-35411	187	2	the	the	DET
cjfa-35411	187	3	study	study	NOUN
cjfa-35411	187	4	estimated	estimate	VERB
cjfa-35411	187	5	random	random	ADJ
cjfa-35411	187	6	effects	effect	NOUN
cjfa-35411	187	7	panel	panel	NOUN
cjfa-35411	187	8	data	data	PROPN
cjfa-35411	187	9	regression	regression	NOUN
cjfa-35411	187	10	model	model	NOUN
cjfa-35411	187	11	which	which	PRON
cjfa-35411	187	12	confirms	confirm	VERB
cjfa-35411	187	13	the	the	DET
cjfa-35411	187	14	significant	significant	ADJ
cjfa-35411	187	15	influence	influence	NOUN
cjfa-35411	187	16	of	of	ADP
cjfa-35411	187	17	profitability	profitability	NOUN
cjfa-35411	187	18	,	,	PUNCT
cjfa-35411	187	19	size	size	NOUN
cjfa-35411	187	20	,	,	PUNCT
cjfa-35411	187	21	book	book	NOUN
cjfa-35411	187	22	value	value	NOUN
cjfa-35411	187	23	per	per	ADP
cjfa-35411	187	24	share	share	NOUN
cjfa-35411	187	25	,	,	PUNCT
cjfa-35411	187	26	tangibility	tangibility	NOUN
cjfa-35411	187	27	of	of	ADP
cjfa-35411	187	28	assets	asset	NOUN
cjfa-35411	187	29	,	,	PUNCT
cjfa-35411	187	30	leverage	leverage	NOUN
cjfa-35411	187	31	and	and	CCONJ
cjfa-35411	187	32	price	price	NOUN
cjfa-35411	187	33	earnings	earning	NOUN
cjfa-35411	187	34	ratio	ratio	NOUN
cjfa-35411	187	35	on	on	ADP
cjfa-35411	187	36	the	the	DET
cjfa-35411	187	37	dividend	dividend	NOUN
cjfa-35411	187	38	payout	payout	NOUN
cjfa-35411	187	39	decisions	decision	NOUN
cjfa-35411	187	40	of	of	ADP
cjfa-35411	187	41	the	the	DET
cjfa-35411	187	42	oems	oem	NOUN
cjfa-35411	187	43	from	from	ADP
cjfa-35411	187	44	indian	indian	ADJ
cjfa-35411	187	45	automobile	automobile	NOUN
cjfa-35411	187	46	industry	industry	NOUN
cjfa-35411	187	47	.	.	PUNCT
cjfa-35411	188	1	liquidity	liquidity	NOUN
cjfa-35411	188	2	did	do	AUX
cjfa-35411	188	3	not	not	PART
cjfa-35411	188	4	influence	influence	VERB
cjfa-35411	188	5	the	the	DET
cjfa-35411	188	6	dividend	dividend	NOUN
cjfa-35411	188	7	payout	payout	NOUN
cjfa-35411	188	8	ratio	ratio	NOUN
cjfa-35411	188	9	of	of	ADP
cjfa-35411	188	10	the	the	DET
cjfa-35411	188	11	sample	sample	NOUN
cjfa-35411	188	12	companies	company	NOUN
cjfa-35411	188	13	significantly	significantly	ADV
cjfa-35411	188	14	during	during	ADP
cjfa-35411	188	15	the	the	DET
cjfa-35411	188	16	study	study	NOUN
cjfa-35411	188	17	period	period	NOUN
cjfa-35411	188	18	.	.	PUNCT
cjfa-35411	189	1	this	this	DET
cjfa-35411	189	2	result	result	NOUN
cjfa-35411	189	3	is	be	AUX
cjfa-35411	189	4	in	in	ADP
cjfa-35411	189	5	line	line	NOUN
cjfa-35411	189	6	with	with	ADP
cjfa-35411	189	7	the	the	DET
cjfa-35411	189	8	findings	finding	NOUN
cjfa-35411	189	9	of	of	ADP
cjfa-35411	189	10	kaźmierska	kaźmierska	PROPN
cjfa-35411	189	11	-	-	PUNCT
cjfa-35411	189	12	jóźwiak	jóźwiak	PROPN
cjfa-35411	189	13	(	(	PUNCT
cjfa-35411	189	14	2015	2015	NUM
cjfa-35411	189	15	)	)	PUNCT
cjfa-35411	189	16	and	and	CCONJ
cjfa-35411	189	17	franc	franc	NOUN
cjfa-35411	189	18	-	-	PUNCT
cjfa-35411	189	19	dąbrowska	dąbrowska	NOUN
cjfa-35411	189	20	et	et	NOUN
cjfa-35411	189	21	al	al	PROPN
cjfa-35411	189	22	.	.	PROPN
cjfa-35411	190	1	(	(	PUNCT
cjfa-35411	190	2	2019	2019	NUM
cjfa-35411	190	3	)	)	PUNCT
cjfa-35411	190	4	.	.	PUNCT
cjfa-35411	191	1	profitability	profitability	NOUN
cjfa-35411	191	2	,	,	PUNCT
cjfa-35411	191	3	size	size	NOUN
cjfa-35411	191	4	,	,	PUNCT
cjfa-35411	191	5	and	and	CCONJ
cjfa-35411	191	6	price	price	NOUN
cjfa-35411	191	7	earnings	earning	NOUN
cjfa-35411	191	8	ratio	ratio	NOUN
cjfa-35411	191	9	showed	show	VERB
cjfa-35411	191	10	a	a	DET
cjfa-35411	191	11	positive	positive	ADJ
cjfa-35411	191	12	relationship	relationship	NOUN
cjfa-35411	191	13	,	,	PUNCT
cjfa-35411	191	14	while	while	SCONJ
cjfa-35411	191	15	book	book	NOUN
cjfa-35411	191	16	value	value	NOUN
cjfa-35411	191	17	per	per	ADP
cjfa-35411	191	18	share	share	NOUN
cjfa-35411	191	19	,	,	PUNCT
cjfa-35411	191	20	tangibility	tangibility	NOUN
cjfa-35411	191	21	of	of	ADP
cjfa-35411	191	22	assets	asset	NOUN
cjfa-35411	191	23	,	,	PUNCT
cjfa-35411	191	24	and	and	CCONJ
cjfa-35411	191	25	leverage	leverage	NOUN
cjfa-35411	191	26	depicted	depict	VERB
cjfa-35411	191	27	a	a	DET
cjfa-35411	191	28	negative	negative	ADJ
cjfa-35411	191	29	relationship	relationship	NOUN
cjfa-35411	191	30	with	with	ADP
cjfa-35411	191	31	the	the	DET
cjfa-35411	191	32	dependent	dependent	ADJ
cjfa-35411	191	33	variable	variable	NOUN
cjfa-35411	191	34	.	.	PUNCT
cjfa-35411	192	1	the	the	DET
cjfa-35411	192	2	results	result	NOUN
cjfa-35411	192	3	indicate	indicate	VERB
cjfa-35411	192	4	that	that	SCONJ
cjfa-35411	192	5	more	more	ADV
cjfa-35411	192	6	profitable	profitable	ADJ
cjfa-35411	192	7	automobile	automobile	NOUN
cjfa-35411	192	8	companies	company	NOUN
cjfa-35411	192	9	have	have	VERB
cjfa-35411	192	10	steady	steady	ADJ
cjfa-35411	192	11	and	and	CCONJ
cjfa-35411	192	12	stable	stable	ADJ
cjfa-35411	192	13	earnings	earning	NOUN
cjfa-35411	192	14	,	,	PUNCT
cjfa-35411	192	15	which	which	PRON
cjfa-35411	192	16	result	result	VERB
cjfa-35411	192	17	into	into	ADP
cjfa-35411	192	18	payments	payment	NOUN
cjfa-35411	192	19	of	of	ADP
cjfa-35411	192	20	lager	lager	NOUN
cjfa-35411	192	21	dividends	dividend	NOUN
cjfa-35411	192	22	to	to	ADP
cjfa-35411	192	23	their	their	PRON
cjfa-35411	192	24	shareholders	shareholder	NOUN
cjfa-35411	192	25	akin	akin	ADJ
cjfa-35411	192	26	to	to	ADP
cjfa-35411	192	27	the	the	DET
cjfa-35411	192	28	findings	finding	NOUN
cjfa-35411	192	29	of	of	ADP
cjfa-35411	192	30	rehman	rehman	PROPN
cjfa-35411	192	31	and	and	CCONJ
cjfa-35411	192	32	takumi	takumi	PROPN
cjfa-35411	192	33	(	(	PUNCT
cjfa-35411	192	34	2012	2012	NUM
cjfa-35411	192	35	)	)	PUNCT
cjfa-35411	192	36	,	,	PUNCT
cjfa-35411	192	37	kumar	kumar	PROPN
cjfa-35411	192	38	and	and	CCONJ
cjfa-35411	192	39	sujit	sujit	PROPN
cjfa-35411	192	40	(	(	PUNCT
cjfa-35411	192	41	2017	2017	NUM
cjfa-35411	192	42	)	)	PUNCT
cjfa-35411	192	43	,	,	PUNCT
cjfa-35411	192	44	thirumagal	thirumagal	ADJ
cjfa-35411	192	45	and	and	CCONJ
cjfa-35411	192	46	vasantha	vasantha	NOUN
cjfa-35411	192	47	(	(	PUNCT
cjfa-35411	192	48	2017	2017	NUM
cjfa-35411	192	49	)	)	PUNCT
cjfa-35411	192	50	,	,	PUNCT
cjfa-35411	192	51	and	and	CCONJ
cjfa-35411	192	52	bostanci	bostanci	VERB
cjfa-35411	192	53	et	et	PROPN
cjfa-35411	192	54	al	al	PROPN
cjfa-35411	192	55	.	.	PROPN
cjfa-35411	193	1	(	(	PUNCT
cjfa-35411	193	2	2018	2018	NUM
cjfa-35411	193	3	)	)	PUNCT
cjfa-35411	193	4	,	,	PUNCT
cjfa-35411	193	5	chakraborty	chakraborty	PROPN
cjfa-35411	193	6	et	et	PROPN
cjfa-35411	193	7	al	al	PROPN
cjfa-35411	193	8	.	.	PROPN
cjfa-35411	194	1	(	(	PUNCT
cjfa-35411	194	2	2018	2018	NUM
cjfa-35411	194	3	)	)	PUNCT
cjfa-35411	194	4	,	,	PUNCT
cjfa-35411	194	5	franc	franc	NOUN
cjfa-35411	194	6	-	-	PUNCT
cjfa-35411	194	7	dąbrowska	dąbrowska	NOUN
cjfa-35411	194	8	et	et	NOUN
cjfa-35411	194	9	al	al	PROPN
cjfa-35411	194	10	.	.	PROPN
cjfa-35411	195	1	(	(	PUNCT
cjfa-35411	195	2	2019	2019	NUM
cjfa-35411	195	3	)	)	PUNCT
cjfa-35411	195	4	and	and	CCONJ
cjfa-35411	195	5	pinto	pinto	NOUN
cjfa-35411	195	6	and	and	CCONJ
cjfa-35411	195	7	rastogi	rastogi	NOUN
cjfa-35411	195	8	(	(	PUNCT
cjfa-35411	195	9	2019	2019	NUM
cjfa-35411	195	10	)	)	PUNCT
cjfa-35411	195	11	.	.	PUNCT
cjfa-35411	196	1	it	it	PRON
cjfa-35411	196	2	is	be	AUX
cjfa-35411	196	3	found	find	VERB
cjfa-35411	196	4	that	that	SCONJ
cjfa-35411	196	5	the	the	DET
cjfa-35411	196	6	companies	company	NOUN
cjfa-35411	196	7	with	with	ADP
cjfa-35411	196	8	big	big	ADJ
cjfa-35411	196	9	size	size	NOUN
cjfa-35411	196	10	pay	pay	VERB
cjfa-35411	196	11	higher	high	ADJ
cjfa-35411	196	12	dividends	dividend	NOUN
cjfa-35411	196	13	as	as	ADP
cjfa-35411	196	14	compared	compare	VERB
cjfa-35411	196	15	to	to	ADP
cjfa-35411	196	16	the	the	DET
cjfa-35411	196	17	companies	company	NOUN
cjfa-35411	196	18	with	with	ADP
cjfa-35411	196	19	small	small	ADJ
cjfa-35411	196	20	size	size	NOUN
cjfa-35411	196	21	like	like	ADP
cjfa-35411	196	22	in	in	ADP
cjfa-35411	196	23	previous	previous	ADJ
cjfa-35411	196	24	studies	study	NOUN
cjfa-35411	196	25	by	by	ADP
cjfa-35411	196	26	ghosh	ghosh	PROPN
cjfa-35411	196	27	(	(	PUNCT
cjfa-35411	196	28	2010	2010	NUM
cjfa-35411	196	29	)	)	PUNCT
cjfa-35411	196	30	,	,	PUNCT
cjfa-35411	196	31	kumar	kumar	PROPN
cjfa-35411	196	32	and	and	CCONJ
cjfa-35411	196	33	sujit	sujit	PROPN
cjfa-35411	196	34	(	(	PUNCT
cjfa-35411	196	35	2017	2017	NUM
cjfa-35411	196	36	)	)	PUNCT
cjfa-35411	196	37	and	and	CCONJ
cjfa-35411	196	38	franc	franc	NOUN
cjfa-35411	196	39	-	-	PUNCT
cjfa-35411	196	40	dąbrowska	dąbrowska	NOUN
cjfa-35411	196	41	et	et	NOUN
cjfa-35411	196	42	al	al	PROPN
cjfa-35411	196	43	.	.	PROPN
cjfa-35411	197	1	(	(	PUNCT
cjfa-35411	197	2	2019	2019	NUM
cjfa-35411	197	3	)	)	PUNCT
cjfa-35411	197	4	.	.	PUNCT
cjfa-35411	198	1	the	the	DET
cjfa-35411	198	2	study	study	NOUN
cjfa-35411	198	3	identifies	identify	VERB
cjfa-35411	198	4	that	that	SCONJ
cjfa-35411	198	5	companies	company	NOUN
cjfa-35411	198	6	navleen	navleen	PROPN
cjfa-35411	198	7	kaur24	kaur24	PROPN
cjfa-35411	198	8	with	with	ADP
cjfa-35411	198	9	low	low	ADJ
cjfa-35411	198	10	risk	risk	NOUN
cjfa-35411	198	11	in	in	ADP
cjfa-35411	198	12	their	their	PRON
cjfa-35411	198	13	future	future	ADJ
cjfa-35411	198	14	earnings	earning	NOUN
cjfa-35411	198	15	are	be	AUX
cjfa-35411	198	16	more	more	ADV
cjfa-35411	198	17	likely	likely	ADJ
cjfa-35411	198	18	to	to	PART
cjfa-35411	198	19	make	make	VERB
cjfa-35411	198	20	large	large	ADJ
cjfa-35411	198	21	dividend	dividend	NOUN
cjfa-35411	198	22	payments	payment	NOUN
cjfa-35411	198	23	.	.	PUNCT
cjfa-35411	199	1	a	a	DET
cjfa-35411	199	2	similar	similar	ADJ
cjfa-35411	199	3	conclusion	conclusion	NOUN
cjfa-35411	199	4	was	be	AUX
cjfa-35411	199	5	reached	reach	VERB
cjfa-35411	199	6	by	by	ADP
cjfa-35411	199	7	thirumagal	thirumagal	ADJ
cjfa-35411	199	8	and	and	CCONJ
cjfa-35411	199	9	vasantha	vasantha	NOUN
cjfa-35411	199	10	(	(	PUNCT
cjfa-35411	199	11	2017	2017	NUM
cjfa-35411	199	12	)	)	PUNCT
cjfa-35411	199	13	.	.	PUNCT
cjfa-35411	200	1	it	it	PRON
cjfa-35411	200	2	is	be	AUX
cjfa-35411	200	3	also	also	ADV
cjfa-35411	200	4	found	find	VERB
cjfa-35411	200	5	that	that	SCONJ
cjfa-35411	200	6	higher	high	ADJ
cjfa-35411	200	7	percentage	percentage	NOUN
cjfa-35411	200	8	of	of	ADP
cjfa-35411	200	9	tangible	tangible	ADJ
cjfa-35411	200	10	assets	asset	NOUN
cjfa-35411	200	11	in	in	ADP
cjfa-35411	200	12	the	the	DET
cjfa-35411	200	13	asset	asset	NOUN
cjfa-35411	200	14	structure	structure	NOUN
cjfa-35411	200	15	of	of	ADP
cjfa-35411	200	16	indian	indian	ADJ
cjfa-35411	200	17	automobile	automobile	NOUN
cjfa-35411	200	18	companies	company	NOUN
cjfa-35411	200	19	’	'	PUNCT
cjfa-35411	200	20	results	result	NOUN
cjfa-35411	200	21	in	in	ADP
cjfa-35411	200	22	lower	low	ADJ
cjfa-35411	200	23	dividends	dividend	NOUN
cjfa-35411	200	24	payments	payment	NOUN
cjfa-35411	200	25	to	to	ADP
cjfa-35411	200	26	the	the	DET
cjfa-35411	200	27	shareholders	shareholder	NOUN
cjfa-35411	200	28	,	,	PUNCT
cjfa-35411	200	29	similar	similar	ADJ
cjfa-35411	200	30	to	to	ADP
cjfa-35411	200	31	the	the	DET
cjfa-35411	200	32	findings	finding	NOUN
cjfa-35411	200	33	of	of	ADP
cjfa-35411	200	34	ghosh	ghosh	PROPN
cjfa-35411	200	35	(	(	PUNCT
cjfa-35411	200	36	2010	2010	NUM
cjfa-35411	200	37	)	)	PUNCT
cjfa-35411	200	38	.	.	PUNCT
cjfa-35411	201	1	the	the	DET
cjfa-35411	201	2	results	result	NOUN
cjfa-35411	201	3	also	also	ADV
cjfa-35411	201	4	suggest	suggest	VERB
cjfa-35411	201	5	that	that	SCONJ
cjfa-35411	201	6	high	high	ADJ
cjfa-35411	201	7	degree	degree	NOUN
cjfa-35411	201	8	of	of	ADP
cjfa-35411	201	9	leverage	leverage	NOUN
cjfa-35411	201	10	in	in	ADP
cjfa-35411	201	11	the	the	DET
cjfa-35411	201	12	capital	capital	NOUN
cjfa-35411	201	13	structure	structure	NOUN
cjfa-35411	201	14	of	of	ADP
cjfa-35411	201	15	automobile	automobile	NOUN
cjfa-35411	201	16	companies	company	NOUN
cjfa-35411	201	17	in	in	ADP
cjfa-35411	201	18	india	india	PROPN
cjfa-35411	201	19	results	result	NOUN
cjfa-35411	201	20	in	in	ADP
cjfa-35411	201	21	less	less	ADJ
cjfa-35411	201	22	dividend	dividend	NOUN
cjfa-35411	201	23	payments	payment	NOUN
cjfa-35411	201	24	to	to	ADP
cjfa-35411	201	25	their	their	PRON
cjfa-35411	201	26	shareholders	shareholder	NOUN
cjfa-35411	201	27	as	as	SCONJ
cjfa-35411	201	28	purported	purport	VERB
cjfa-35411	201	29	by	by	ADP
cjfa-35411	201	30	various	various	ADJ
cjfa-35411	201	31	previous	previous	ADJ
cjfa-35411	201	32	empirical	empirical	ADJ
cjfa-35411	201	33	studies	study	NOUN
cjfa-35411	201	34	viz	viz	PROPN
cjfa-35411	201	35	.	.	PUNCT
cjfa-35411	202	1	ghosh	ghosh	PROPN
cjfa-35411	202	2	(	(	PUNCT
cjfa-35411	202	3	2010	2010	NUM
cjfa-35411	202	4	)	)	PUNCT
cjfa-35411	202	5	,	,	PUNCT
cjfa-35411	202	6	kaźmierska	kaźmierska	PROPN
cjfa-35411	202	7	-	-	PUNCT
cjfa-35411	202	8	jóźwiak	jóźwiak	PROPN
cjfa-35411	202	9	(	(	PUNCT
cjfa-35411	202	10	2015	2015	NUM
cjfa-35411	202	11	)	)	PUNCT
cjfa-35411	202	12	,	,	PUNCT
cjfa-35411	202	13	kumar	kumar	PROPN
cjfa-35411	202	14	and	and	CCONJ
cjfa-35411	202	15	sujit	sujit	PROPN
cjfa-35411	202	16	(	(	PUNCT
cjfa-35411	202	17	2017	2017	NUM
cjfa-35411	202	18	)	)	PUNCT
cjfa-35411	202	19	and	and	CCONJ
cjfa-35411	202	20	chakraborty	chakraborty	PROPN
cjfa-35411	202	21	et	et	PROPN
cjfa-35411	202	22	al	al	PROPN
cjfa-35411	202	23	.	.	PROPN
cjfa-35411	202	24	(	(	PUNCT
cjfa-35411	202	25	2018	2018	NUM
cjfa-35411	202	26	)	)	PUNCT
cjfa-35411	202	27	.	.	PUNCT
cjfa-35411	203	1	furthermore	furthermore	ADV
cjfa-35411	203	2	,	,	PUNCT
cjfa-35411	203	3	fall	fall	VERB
cjfa-35411	203	4	in	in	ADP
cjfa-35411	203	5	the	the	DET
cjfa-35411	203	6	book	book	NOUN
cjfa-35411	203	7	value	value	NOUN
cjfa-35411	203	8	per	per	ADP
cjfa-35411	203	9	share	share	NOUN
cjfa-35411	203	10	of	of	ADP
cjfa-35411	203	11	the	the	DET
cjfa-35411	203	12	automobile	automobile	NOUN
cjfa-35411	203	13	companies	company	NOUN
cjfa-35411	203	14	makes	make	VERB
cjfa-35411	203	15	more	more	ADJ
cjfa-35411	203	16	reserves	reserve	NOUN
cjfa-35411	203	17	and	and	CCONJ
cjfa-35411	203	18	surplus	surplus	NOUN
cjfa-35411	203	19	available	available	ADJ
cjfa-35411	203	20	to	to	PART
cjfa-35411	203	21	make	make	VERB
cjfa-35411	203	22	higher	high	ADJ
cjfa-35411	203	23	dividend	dividend	NOUN
cjfa-35411	203	24	payments	payment	NOUN
cjfa-35411	203	25	to	to	ADP
cjfa-35411	203	26	their	their	PRON
cjfa-35411	203	27	shareholders	shareholder	NOUN
cjfa-35411	203	28	.	.	PUNCT
cjfa-35411	204	1	the	the	DET
cjfa-35411	204	2	results	result	NOUN
cjfa-35411	204	3	of	of	ADP
cjfa-35411	204	4	this	this	DET
cjfa-35411	204	5	study	study	NOUN
cjfa-35411	204	6	are	be	AUX
cjfa-35411	204	7	also	also	ADV
cjfa-35411	204	8	in	in	ADP
cjfa-35411	204	9	accordance	accordance	NOUN
cjfa-35411	204	10	with	with	ADP
cjfa-35411	204	11	signalling	signal	VERB
cjfa-35411	204	12	theory	theory	NOUN
cjfa-35411	204	13	,	,	PUNCT
cjfa-35411	204	14	pecking	pecking	NOUN
cjfa-35411	204	15	order	order	NOUN
cjfa-35411	204	16	theory	theory	NOUN
cjfa-35411	204	17	and	and	CCONJ
cjfa-35411	204	18	transaction	transaction	NOUN
cjfa-35411	204	19	cost	cost	NOUN
cjfa-35411	204	20	theory	theory	NOUN
cjfa-35411	204	21	.	.	PUNCT
cjfa-35411	205	1	limitations	limitation	NOUN
cjfa-35411	205	2	and	and	CCONJ
cjfa-35411	205	3	scope	scope	NOUN
cjfa-35411	205	4	for	for	ADP
cjfa-35411	205	5	further	further	ADJ
cjfa-35411	205	6	research	research	NOUN
cjfa-35411	205	7	the	the	DET
cjfa-35411	205	8	present	present	ADJ
cjfa-35411	205	9	study	study	NOUN
cjfa-35411	205	10	focused	focus	VERB
cjfa-35411	205	11	only	only	ADV
cjfa-35411	205	12	on	on	ADP
cjfa-35411	205	13	the	the	DET
cjfa-35411	205	14	oems	oem	NOUN
cjfa-35411	205	15	from	from	ADP
cjfa-35411	205	16	indian	indian	ADJ
cjfa-35411	205	17	automobile	automobile	NOUN
cjfa-35411	205	18	industry	industry	NOUN
cjfa-35411	205	19	which	which	PRON
cjfa-35411	205	20	are	be	AUX
cjfa-35411	205	21	listed	list	VERB
cjfa-35411	205	22	on	on	ADP
cjfa-35411	205	23	the	the	DET
cjfa-35411	205	24	bse	bse	NOUN
cjfa-35411	205	25	but	but	CCONJ
cjfa-35411	205	26	there	there	PRON
cjfa-35411	205	27	are	be	VERB
cjfa-35411	205	28	many	many	ADJ
cjfa-35411	205	29	other	other	ADJ
cjfa-35411	205	30	automobile	automobile	NOUN
cjfa-35411	205	31	manufacturers	manufacturer	NOUN
cjfa-35411	205	32	of	of	ADP
cjfa-35411	205	33	non	non	ADJ
cjfa-35411	205	34	-	-	ADJ
cjfa-35411	205	35	indian	indian	ADJ
cjfa-35411	205	36	origin	origin	NOUN
cjfa-35411	205	37	which	which	PRON
cjfa-35411	205	38	established	establish	VERB
cjfa-35411	205	39	their	their	PRON
cjfa-35411	205	40	subsidiaries	subsidiary	NOUN
cjfa-35411	205	41	in	in	ADP
cjfa-35411	205	42	india	india	PROPN
cjfa-35411	205	43	and	and	CCONJ
cjfa-35411	205	44	these	these	DET
cjfa-35411	205	45	manufacturers	manufacturer	NOUN
cjfa-35411	205	46	are	be	AUX
cjfa-35411	205	47	not	not	PART
cjfa-35411	205	48	listed	list	VERB
cjfa-35411	205	49	on	on	ADP
cjfa-35411	205	50	the	the	DET
cjfa-35411	205	51	indian	indian	ADJ
cjfa-35411	205	52	stock	stock	NOUN
cjfa-35411	205	53	exchanges	exchange	NOUN
cjfa-35411	205	54	.	.	PUNCT
cjfa-35411	206	1	these	these	DET
cjfa-35411	206	2	automobile	automobile	NOUN
cjfa-35411	206	3	manufacturers	manufacturer	NOUN
cjfa-35411	206	4	were	be	AUX
cjfa-35411	206	5	not	not	PART
cjfa-35411	206	6	included	include	VERB
cjfa-35411	206	7	in	in	ADP
cjfa-35411	206	8	the	the	DET
cjfa-35411	206	9	present	present	ADJ
cjfa-35411	206	10	study	study	NOUN
cjfa-35411	206	11	due	due	ADP
cjfa-35411	206	12	to	to	ADP
cjfa-35411	206	13	non	non	PRON
cjfa-35411	206	14	availability	availability	NOUN
cjfa-35411	206	15	of	of	ADP
cjfa-35411	206	16	the	the	DET
cjfa-35411	206	17	data	datum	NOUN
cjfa-35411	206	18	.	.	PUNCT
cjfa-35411	207	1	so	so	ADV
cjfa-35411	207	2	,	,	PUNCT
cjfa-35411	207	3	these	these	DET
cjfa-35411	207	4	non	non	ADJ
cjfa-35411	207	5	-	-	ADJ
cjfa-35411	207	6	indian	indian	ADJ
cjfa-35411	207	7	origin	origin	NOUN
cjfa-35411	207	8	manufacturers	manufacturer	NOUN
cjfa-35411	207	9	can	can	AUX
cjfa-35411	207	10	also	also	ADV
cjfa-35411	207	11	be	be	AUX
cjfa-35411	207	12	included	include	VERB
cjfa-35411	207	13	in	in	ADP
cjfa-35411	207	14	the	the	DET
cjfa-35411	207	15	sample	sample	NOUN
cjfa-35411	207	16	for	for	ADP
cjfa-35411	207	17	future	future	ADJ
cjfa-35411	207	18	studies	study	NOUN
cjfa-35411	207	19	if	if	SCONJ
cjfa-35411	207	20	the	the	DET
cjfa-35411	207	21	data	datum	NOUN
cjfa-35411	207	22	relating	relate	VERB
cjfa-35411	207	23	to	to	ADP
cjfa-35411	207	24	these	these	DET
cjfa-35411	207	25	manufacturers	manufacturer	NOUN
cjfa-35411	207	26	is	be	AUX
cjfa-35411	207	27	available	available	ADJ
cjfa-35411	207	28	.	.	PUNCT
cjfa-35411	208	1	the	the	DET
cjfa-35411	208	2	sample	sample	NOUN
cjfa-35411	208	3	of	of	ADP
cjfa-35411	208	4	this	this	DET
cjfa-35411	208	5	study	study	NOUN
cjfa-35411	208	6	can	can	AUX
cjfa-35411	208	7	also	also	ADV
cjfa-35411	208	8	be	be	AUX
cjfa-35411	208	9	extended	extend	VERB
cjfa-35411	208	10	by	by	ADP
cjfa-35411	208	11	taking	take	VERB
cjfa-35411	208	12	into	into	ADP
cjfa-35411	208	13	consideration	consideration	NOUN
cjfa-35411	208	14	indian	indian	ADJ
cjfa-35411	208	15	auto	auto	NOUN
cjfa-35411	208	16	-	-	PUNCT
cjfa-35411	208	17	component	component	NOUN
cjfa-35411	208	18	manufacturers	manufacturer	NOUN
cjfa-35411	208	19	to	to	PART
cjfa-35411	208	20	have	have	VERB
cjfa-35411	208	21	understanding	understanding	NOUN
cjfa-35411	208	22	of	of	ADP
cjfa-35411	208	23	the	the	DET
cjfa-35411	208	24	dividend	dividend	NOUN
cjfa-35411	208	25	payout	payout	NOUN
cjfa-35411	208	26	decisions	decision	NOUN
cjfa-35411	208	27	of	of	ADP
cjfa-35411	208	28	the	the	DET
cjfa-35411	208	29	indian	indian	ADJ
cjfa-35411	208	30	automotive	automotive	ADJ
cjfa-35411	208	31	industry	industry	NOUN
cjfa-35411	208	32	.	.	PUNCT
cjfa-35411	209	1	this	this	DET
cjfa-35411	209	2	study	study	NOUN
cjfa-35411	209	3	included	include	VERB
cjfa-35411	209	4	only	only	ADV
cjfa-35411	209	5	the	the	DET
cjfa-35411	209	6	firm	firm	ADJ
cjfa-35411	209	7	-	-	PUNCT
cjfa-35411	209	8	specific	specific	ADJ
cjfa-35411	209	9	explanatory	explanatory	ADJ
cjfa-35411	209	10	variables	variable	NOUN
cjfa-35411	209	11	.	.	PUNCT
cjfa-35411	210	1	thus	thus	ADV
cjfa-35411	210	2	,	,	PUNCT
cjfa-35411	210	3	macro	macro	ADJ
cjfa-35411	210	4	-	-	ADJ
cjfa-35411	210	5	economic	economic	ADJ
cjfa-35411	210	6	variables	variable	NOUN
cjfa-35411	210	7	can	can	AUX
cjfa-35411	210	8	also	also	ADV
cjfa-35411	210	9	become	become	VERB
cjfa-35411	210	10	part	part	NOUN
cjfa-35411	210	11	of	of	ADP
cjfa-35411	210	12	the	the	DET
cjfa-35411	210	13	future	future	ADJ
cjfa-35411	210	14	research	research	NOUN
cjfa-35411	210	15	.	.	PUNCT
cjfa-35411	211	1	the	the	DET
cjfa-35411	211	2	present	present	ADJ
cjfa-35411	211	3	study	study	NOUN
cjfa-35411	211	4	did	do	AUX
cjfa-35411	211	5	not	not	PART
cjfa-35411	211	6	include	include	VERB
cjfa-35411	211	7	bajaj	bajaj	PROPN
cjfa-35411	211	8	auto	auto	PROPN
cjfa-35411	211	9	ltd	ltd	PROPN
cjfa-35411	211	10	.	.	PROPN
cjfa-35411	211	11	due	due	ADP
cjfa-35411	211	12	to	to	ADP
cjfa-35411	211	13	non	non	PRON
cjfa-35411	211	14	availability	availability	NOUN
cjfa-35411	211	15	of	of	ADP
cjfa-35411	211	16	data	datum	NOUN
cjfa-35411	211	17	on	on	ADP
cjfa-35411	211	18	the	the	DET
cjfa-35411	211	19	account	account	NOUN
cjfa-35411	211	20	of	of	ADP
cjfa-35411	211	21	demerger	demerger	NOUN
cjfa-35411	211	22	of	of	ADP
cjfa-35411	211	23	the	the	DET
cjfa-35411	211	24	company	company	NOUN
cjfa-35411	211	25	.	.	PUNCT
cjfa-35411	212	1	this	this	DET
cjfa-35411	212	2	renowned	renowned	ADJ
cjfa-35411	212	3	company	company	NOUN
cjfa-35411	212	4	can	can	AUX
cjfa-35411	212	5	also	also	ADV
cjfa-35411	212	6	become	become	VERB
cjfa-35411	212	7	part	part	NOUN
cjfa-35411	212	8	of	of	ADP
cjfa-35411	212	9	the	the	DET
cjfa-35411	212	10	sample	sample	NOUN
cjfa-35411	212	11	for	for	ADP
cjfa-35411	212	12	future	future	ADJ
cjfa-35411	212	13	research	research	NOUN
cjfa-35411	212	14	studies	study	NOUN
cjfa-35411	212	15	.	.	PUNCT
cjfa-35411	213	1	funding	funding	NOUN
cjfa-35411	213	2	:	:	PUNCT
cjfa-35411	213	3	this	this	DET
cjfa-35411	213	4	research	research	NOUN
cjfa-35411	213	5	received	receive	VERB
cjfa-35411	213	6	no	no	DET
cjfa-35411	213	7	external	external	ADJ
cjfa-35411	213	8	funding	funding	NOUN
cjfa-35411	213	9	.	.	PUNCT
cjfa-35411	214	1	conflicts	conflict	NOUN
cjfa-35411	214	2	of	of	ADP
cjfa-35411	214	3	interests	interest	NOUN
cjfa-35411	214	4	,	,	PUNCT
cjfa-35411	214	5	ghostwriting	ghostwriting	NOUN
cjfa-35411	214	6	and	and	CCONJ
cjfa-35411	214	7	guest	guest	NOUN
cjfa-35411	214	8	authorship	authorship	NOUN
cjfa-35411	214	9	:	:	PUNCT
cjfa-35411	214	10	the	the	DET
cjfa-35411	214	11	authors	author	NOUN
cjfa-35411	214	12	declare	declare	VERB
cjfa-35411	214	13	no	no	DET
cjfa-35411	214	14	conflict	conflict	NOUN
cjfa-35411	214	15	of	of	ADP
cjfa-35411	214	16	interests	interest	NOUN
cjfa-35411	214	17	,	,	PUNCT
cjfa-35411	214	18	ghostwriting	ghostwriting	NOUN
cjfa-35411	214	19	and	and	CCONJ
cjfa-35411	214	20	guest	guest	NOUN
cjfa-35411	214	21	authorship	authorship	NOUN
cjfa-35411	214	22	.	.	PUNCT
cjfa-35411	215	1	determinants	determinant	NOUN
cjfa-35411	215	2	of	of	ADP
cjfa-35411	215	3	dividend	dividend	NOUN
cjfa-35411	215	4	payout	payout	NOUN
cjfa-35411	215	5	decisions	decision	NOUN
cjfa-35411	215	6	…	…	PUNCT
cjfa-35411	215	7	25	25	NUM
cjfa-35411	215	8	 	 	SPACE
cjfa-35411	215	9	references	reference	NOUN
cjfa-35411	215	10	bostanci	bostanci	PROPN
cjfa-35411	215	11	,	,	PUNCT
cjfa-35411	215	12	f.	f.	PROPN
cjfa-35411	215	13	,	,	PUNCT
cjfa-35411	215	14	kadioglu	kadioglu	PROPN
cjfa-35411	215	15	,	,	PUNCT
cjfa-35411	215	16	e.	e.	PROPN
cjfa-35411	215	17	,	,	PUNCT
cjfa-35411	215	18	&	&	CCONJ
cjfa-35411	215	19	sayilgan	sayilgan	PROPN
cjfa-35411	215	20	,	,	PUNCT
cjfa-35411	215	21	g.	g.	PROPN
cjfa-35411	215	22	(	(	PUNCT
cjfa-35411	215	23	2018	2018	NUM
cjfa-35411	215	24	)	)	PUNCT
cjfa-35411	215	25	.	.	PUNCT
cjfa-35411	216	1	determinants	determinant	NOUN
cjfa-35411	216	2	of	of	ADP
cjfa-35411	216	3	dividend	dividend	NOUN
cjfa-35411	216	4	payout	payout	NOUN
cjfa-35411	216	5	decisions	decision	NOUN
cjfa-35411	216	6	:	:	PUNCT
cjfa-35411	216	7	a	a	DET
cjfa-35411	216	8	dynamic	dynamic	ADJ
cjfa-35411	216	9	panel	panel	NOUN
cjfa-35411	216	10	data	data	VERB
cjfa-35411	216	11	analysis	analysis	NOUN
cjfa-35411	216	12	of	of	ADP
cjfa-35411	216	13	turkish	turkish	ADJ
cjfa-35411	216	14	stock	stock	NOUN
cjfa-35411	216	15	market	market	NOUN
cjfa-35411	216	16	.	.	PUNCT
cjfa-35411	217	1	international	international	ADJ
cjfa-35411	217	2	journal	journal	PROPN
cjfa-35411	217	3	of	of	ADP
cjfa-35411	217	4	financial	financial	ADJ
cjfa-35411	217	5	studies	study	NOUN
cjfa-35411	217	6	,	,	PUNCT
cjfa-35411	217	7	6(93	6(93	NUM
cjfa-35411	217	8	)	)	PUNCT
cjfa-35411	217	9	,	,	PUNCT
cjfa-35411	217	10	1-16.http://dx.doi.org/10.3390/ijfs6040093	1-16.http://dx.doi.org/10.3390/ijfs6040093	PROPN
cjfa-35411	217	11	.	.	PUNCT
cjfa-35411	218	1	chakraborty	chakraborty	PROPN
cjfa-35411	218	2	,	,	PUNCT
cjfa-35411	218	3	s.	s.	PROPN
cjfa-35411	218	4	,	,	PUNCT
cjfa-35411	218	5	shenoy	shenoy	PROPN
cjfa-35411	218	6	,	,	PUNCT
cjfa-35411	218	7	s.s	s.s	PROPN
cjfa-35411	218	8	.	.	PROPN
cjfa-35411	218	9	,	,	PUNCT
cjfa-35411	218	10	&	&	CCONJ
cjfa-35411	218	11	kumar	kumar	PROPN
cjfa-35411	218	12	,	,	PUNCT
cjfa-35411	218	13	s.n	s.n	PROPN
cjfa-35411	218	14	.	.	PROPN
cjfa-35411	218	15	(	(	PUNCT
cjfa-35411	218	16	2018	2018	NUM
cjfa-35411	218	17	)	)	PUNCT
cjfa-35411	218	18	.	.	PUNCT
cjfa-35411	219	1	empirical	empirical	ADJ
cjfa-35411	219	2	evidence	evidence	NOUN
cjfa-35411	219	3	on	on	ADP
cjfa-35411	219	4	the	the	DET
cjfa-35411	219	5	determinants	determinant	NOUN
cjfa-35411	219	6	of	of	ADP
cjfa-35411	219	7	dividend	dividend	NOUN
cjfa-35411	219	8	pay	pay	NOUN
cjfa-35411	219	9	-	-	PUNCT
cjfa-35411	219	10	outs	out	NOUN
cjfa-35411	219	11	in	in	ADP
cjfa-35411	219	12	the	the	DET
cjfa-35411	219	13	auto	auto	NOUN
cjfa-35411	219	14	components	component	NOUN
cjfa-35411	219	15	sector	sector	NOUN
cjfa-35411	219	16	in	in	ADP
cjfa-35411	219	17	india	india	PROPN
cjfa-35411	219	18	.	.	PUNCT
cjfa-35411	220	1	investment	investment	NOUN
cjfa-35411	220	2	management	management	NOUN
cjfa-35411	220	3	and	and	CCONJ
cjfa-35411	220	4	financial	financial	ADJ
cjfa-35411	220	5	innovations	innovation	NOUN
cjfa-35411	220	6	,	,	PUNCT
cjfa-35411	220	7	15(4	15(4	NUM
cjfa-35411	220	8	)	)	PUNCT
cjfa-35411	220	9	,	,	PUNCT
cjfa-35411	220	10	356	356	NUM
cjfa-35411	220	11	-	-	SYM
cjfa-35411	220	12	366	366	NUM
cjfa-35411	220	13	.	.	PUNCT
cjfa-35411	221	1	http://dx.doi.org/10.21511/	http://dx.doi.org/10.21511/	X
cjfa-35411	221	2	imfi.15(4).2018.29	imfi.15(4).2018.29	PROPN
cjfa-35411	221	3	.	.	PROPN
cjfa-35411	221	4	department	department	PROPN
cjfa-35411	221	5	of	of	ADP
cjfa-35411	221	6	heavy	heavy	ADJ
cjfa-35411	221	7	industry	industry	NOUN
cjfa-35411	221	8	,	,	PUNCT
cjfa-35411	221	9	ministry	ministry	NOUN
cjfa-35411	221	10	of	of	ADP
cjfa-35411	221	11	heavy	heavy	ADJ
cjfa-35411	221	12	industries	industry	NOUN
cjfa-35411	221	13	and	and	CCONJ
cjfa-35411	221	14	public	public	ADJ
cjfa-35411	221	15	enterprises	enterprise	NOUN
cjfa-35411	221	16	,	,	PUNCT
cjfa-35411	221	17	government	government	NOUN
cjfa-35411	221	18	of	of	ADP
cjfa-35411	221	19	india	india	PROPN
cjfa-35411	221	20	(	(	PUNCT
cjfa-35411	221	21	2018	2018	NUM
cjfa-35411	221	22	-	-	SYM
cjfa-35411	221	23	19	19	NUM
cjfa-35411	221	24	)	)	PUNCT
cjfa-35411	221	25	.	.	PUNCT
cjfa-35411	222	1	annual	annual	ADJ
cjfa-35411	222	2	report	report	NOUN
cjfa-35411	222	3	,	,	PUNCT
cjfa-35411	222	4	39	39	NUM
cjfa-35411	222	5	.	.	PUNCT
cjfa-35411	223	1	https://dhi.nic.in/viewdata/	https://dhi.nic.in/viewdata/	PROPN
cjfa-35411	223	2	index?mid=1117	index?mid=1117	PROPN
cjfa-35411	223	3	.	.	PUNCT
cjfa-35411	224	1	franc	franc	NOUN
cjfa-35411	224	2	-	-	PUNCT
cjfa-35411	224	3	dąbrowska	dąbrowska	NOUN
cjfa-35411	224	4	,	,	PUNCT
cjfa-35411	224	5	j.	j.	PROPN
cjfa-35411	224	6	,	,	PUNCT
cjfa-35411	224	7	madra	madra	PROPN
cjfa-35411	224	8	-	-	PUNCT
cjfa-35411	224	9	sawicka	sawicka	NOUN
cjfa-35411	224	10	,	,	PUNCT
cjfa-35411	224	11	m.	m.	NOUN
cjfa-35411	224	12	,	,	PUNCT
cjfa-35411	224	13	&	&	CCONJ
cjfa-35411	224	14	ulrichs	ulrichs	PROPN
cjfa-35411	224	15	,	,	PUNCT
cjfa-35411	224	16	m.	m.	NOUN
cjfa-35411	224	17	(	(	PUNCT
cjfa-35411	224	18	2019	2019	NUM
cjfa-35411	224	19	)	)	PUNCT
cjfa-35411	224	20	.	.	PUNCT
cjfa-35411	225	1	determinants	determinant	NOUN
cjfa-35411	225	2	of	of	ADP
cjfa-35411	225	3	dividend	dividend	NOUN
cjfa-35411	225	4	payout	payout	NOUN
cjfa-35411	225	5	decisions	decision	NOUN
cjfa-35411	225	6	–	–	PUNCT
cjfa-35411	225	7	the	the	DET
cjfa-35411	225	8	case	case	NOUN
cjfa-35411	225	9	of	of	ADP
cjfa-35411	225	10	publicly	publicly	ADV
cjfa-35411	225	11	quoted	quote	VERB
cjfa-35411	225	12	food	food	NOUN
cjfa-35411	225	13	industry	industry	NOUN
cjfa-35411	225	14	enterprises	enterprise	NOUN
cjfa-35411	225	15	operating	operate	VERB
cjfa-35411	225	16	in	in	ADP
cjfa-35411	225	17	emerging	emerge	VERB
cjfa-35411	225	18	markets	market	NOUN
cjfa-35411	225	19	.	.	PUNCT
cjfa-35411	226	1	economic	economic	ADJ
cjfa-35411	226	2	researchekonomska	researchekonomska	PROPN
cjfa-35411	226	3	istrazivanja	istrazivanja	PROPN
cjfa-35411	226	4	,	,	PUNCT
cjfa-35411	226	5	33(1	33(1	NOUN
cjfa-35411	226	6	)	)	PUNCT
cjfa-35411	226	7	,	,	PUNCT
cjfa-35411	226	8	1108	1108	NUM
cjfa-35411	226	9	-	-	SYM
cjfa-35411	226	10	1129	1129	NUM
cjfa-35411	226	11	.	.	PUNCT
cjfa-35411	227	1	http://dx.doi.org/10.1080/1331677x.2019.1631201	http://dx.doi.org/10.1080/1331677x.2019.1631201	PROPN
cjfa-35411	227	2	.	.	PUNCT
cjfa-35411	228	1	ghosh	ghosh	PROPN
cjfa-35411	228	2	,	,	PUNCT
cjfa-35411	228	3	s.	s.	PROPN
cjfa-35411	228	4	(	(	PUNCT
cjfa-35411	228	5	2010	2010	NUM
cjfa-35411	228	6	)	)	PUNCT
cjfa-35411	228	7	.	.	PUNCT
cjfa-35411	229	1	the	the	DET
cjfa-35411	229	2	dividend	dividend	NOUN
cjfa-35411	229	3	strategy	strategy	NOUN
cjfa-35411	229	4	of	of	ADP
cjfa-35411	229	5	indian	indian	ADJ
cjfa-35411	229	6	companies	company	NOUN
cjfa-35411	229	7	:	:	PUNCT
cjfa-35411	229	8	an	an	DET
cjfa-35411	229	9	empirical	empirical	ADJ
cjfa-35411	229	10	assessment	assessment	NOUN
cjfa-35411	229	11	.	.	PUNCT
cjfa-35411	230	1	artha	artha	PROPN
cjfa-35411	231	1	vijnana	vijnana	PROPN
cjfa-35411	231	2	,	,	PUNCT
cjfa-35411	231	3	munich	munich	PROPN
cjfa-35411	231	4	personal	personal	PROPN
cjfa-35411	231	5	repec	repec	PROPN
cjfa-35411	231	6	archive	archive	PROPN
cjfa-35411	231	7	,	,	PUNCT
cjfa-35411	231	8	29567	29567	NUM
cjfa-35411	231	9	,	,	PUNCT
cjfa-35411	231	10	52(2	52(2	NUM
cjfa-35411	231	11	)	)	PUNCT
cjfa-35411	231	12	,	,	PUNCT
cjfa-35411	231	13	1	1	NUM
cjfa-35411	231	14	-	-	SYM
cjfa-35411	231	15	10	10	NUM
cjfa-35411	231	16	.	.	PUNCT
cjfa-35411	232	1	gujarati	gujarati	PROPN
cjfa-35411	232	2	,	,	PUNCT
cjfa-35411	232	3	d.	d.	PROPN
cjfa-35411	232	4	,	,	PUNCT
cjfa-35411	232	5	&	&	CCONJ
cjfa-35411	232	6	sangeetha	sangeetha	PROPN
cjfa-35411	232	7	,	,	PUNCT
cjfa-35411	232	8	n.	n.	NOUN
cjfa-35411	232	9	(	(	PUNCT
cjfa-35411	232	10	2011	2011	NUM
cjfa-35411	232	11	)	)	PUNCT
cjfa-35411	232	12	.	.	PUNCT
cjfa-35411	233	1	basic	basic	ADJ
cjfa-35411	233	2	econometrics	econometric	NOUN
cjfa-35411	233	3	(	(	PUNCT
cjfa-35411	233	4	4th	4th	ADJ
cjfa-35411	233	5	ed	ed	NOUN
cjfa-35411	233	6	.	.	PUNCT
cjfa-35411	233	7	)	)	PUNCT
cjfa-35411	233	8	.	.	PUNCT
cjfa-35411	234	1	new	new	PROPN
cjfa-35411	234	2	delhi	delhi	PROPN
cjfa-35411	234	3	,	,	PUNCT
cjfa-35411	234	4	tata	tata	PROPN
cjfa-35411	234	5	mcgraw	mcgraw	PROPN
cjfa-35411	234	6	-	-	PUNCT
cjfa-35411	234	7	hill	hill	NOUN
cjfa-35411	234	8	education	education	PROPN
cjfa-35411	234	9	private	private	ADJ
cjfa-35411	234	10	limited	limit	VERB
cjfa-35411	234	11	,	,	PUNCT
cjfa-35411	234	12	370	370	NUM
cjfa-35411	234	13	&	&	CCONJ
cjfa-35411	234	14	651	651	NUM
cjfa-35411	234	15	.	.	PUNCT
cjfa-35411	235	1	horne	horne	PROPN
cjfa-35411	235	2	,	,	PUNCT
cjfa-35411	235	3	j.c.v	j.c.v	PROPN
cjfa-35411	235	4	.	.	PROPN
cjfa-35411	235	5	,	,	PUNCT
cjfa-35411	235	6	&	&	CCONJ
cjfa-35411	235	7	wachowicz	wachowicz	PROPN
cjfa-35411	235	8	,	,	PUNCT
cjfa-35411	235	9	j.m	j.m	PROPN
cjfa-35411	235	10	.	.	PROPN
cjfa-35411	235	11	,	,	PUNCT
cjfa-35411	235	12	jr	jr	PROPN
cjfa-35411	235	13	.	.	PROPN
cjfa-35411	235	14	(	(	PUNCT
cjfa-35411	235	15	2001	2001	NUM
cjfa-35411	235	16	)	)	PUNCT
cjfa-35411	235	17	.	.	PUNCT
cjfa-35411	236	1	fundamentals	fundamental	NOUN
cjfa-35411	236	2	of	of	ADP
cjfa-35411	236	3	financial	financial	ADJ
cjfa-35411	236	4	management	management	NOUN
cjfa-35411	236	5	(	(	PUNCT
cjfa-35411	236	6	11th	11th	ADJ
cjfa-35411	236	7	ed	ed	NOUN
cjfa-35411	236	8	.	.	PUNCT
cjfa-35411	236	9	)	)	PUNCT
cjfa-35411	236	10	.	.	PUNCT
cjfa-35411	237	1	new	new	ADJ
cjfa-35411	237	2	delhi	delhi	PROPN
cjfa-35411	237	3	:	:	PUNCT
cjfa-35411	237	4	pearson	pearson	PROPN
cjfa-35411	237	5	education	education	PROPN
cjfa-35411	237	6	inc	inc	PROPN
cjfa-35411	237	7	.	.	PROPN
cjfa-35411	238	1	kaźmierska	kaźmierska	PROPN
cjfa-35411	238	2	-	-	PUNCT
cjfa-35411	238	3	jóźwiak	jóźwiak	PROPN
cjfa-35411	238	4	,	,	PUNCT
cjfa-35411	238	5	b.	b.	PROPN
cjfa-35411	238	6	(	(	PUNCT
cjfa-35411	238	7	2015	2015	NUM
cjfa-35411	238	8	)	)	PUNCT
cjfa-35411	238	9	.	.	PUNCT
cjfa-35411	239	1	determinants	determinant	NOUN
cjfa-35411	239	2	of	of	ADP
cjfa-35411	239	3	dividend	dividend	NOUN
cjfa-35411	239	4	policy	policy	NOUN
cjfa-35411	239	5	:	:	PUNCT
cjfa-35411	239	6	evidence	evidence	NOUN
cjfa-35411	239	7	from	from	ADP
cjfa-35411	239	8	polish	polish	ADJ
cjfa-35411	239	9	listed	list	VERB
cjfa-35411	239	10	companies	company	NOUN
cjfa-35411	239	11	.	.	PUNCT
cjfa-35411	240	1	procedia	procedia	ADJ
cjfa-35411	240	2	economics	economic	NOUN
cjfa-35411	240	3	and	and	CCONJ
cjfa-35411	240	4	finance	finance	NOUN
cjfa-35411	240	5	,	,	PUNCT
cjfa-35411	240	6	23	23	NUM
cjfa-35411	240	7	,	,	PUNCT
cjfa-35411	240	8	473	473	NUM
cjfa-35411	240	9	-	-	SYM
cjfa-35411	240	10	477	477	NUM
cjfa-35411	240	11	.	.	PUNCT
cjfa-35411	240	12	http://dx.doi	http://dx.doi	NOUN
cjfa-35411	240	13	.	.	PUNCT
cjfa-35411	241	1	org/10.1016	org/10.1016	PROPN
cjfa-35411	241	2	/	/	SYM
cjfa-35411	241	3	s2212	s2212	PROPN
cjfa-35411	241	4	-	-	PUNCT
cjfa-35411	241	5	5671(15)00490	5671(15)00490	NUM
cjfa-35411	241	6	-	-	PUNCT
cjfa-35411	241	7	6	6	NUM
cjfa-35411	241	8	.	.	PUNCT
cjfa-35411	242	1	khan	khan	PROPN
cjfa-35411	242	2	,	,	PUNCT
cjfa-35411	242	3	m.y	m.y	PROPN
cjfa-35411	242	4	.	.	PROPN
cjfa-35411	242	5	,	,	PUNCT
cjfa-35411	242	6	&	&	CCONJ
cjfa-35411	242	7	jain	jain	PROPN
cjfa-35411	242	8	,	,	PUNCT
cjfa-35411	242	9	p.k	p.k	PROPN
cjfa-35411	242	10	.	.	PUNCT
cjfa-35411	242	11	(	(	PUNCT
cjfa-35411	242	12	2011	2011	NUM
cjfa-35411	242	13	)	)	PUNCT
cjfa-35411	242	14	.	.	PUNCT
cjfa-35411	243	1	financial	financial	ADJ
cjfa-35411	243	2	management	management	NOUN
cjfa-35411	243	3	:	:	PUNCT
cjfa-35411	243	4	text	text	NOUN
cjfa-35411	243	5	,	,	PUNCT
cjfa-35411	243	6	problems	problem	NOUN
cjfa-35411	243	7	and	and	CCONJ
cjfa-35411	243	8	cases	case	NOUN
cjfa-35411	243	9	(	(	PUNCT
cjfa-35411	243	10	6th	6th	ADJ
cjfa-35411	243	11	ed	ed	NOUN
cjfa-35411	243	12	.	.	PUNCT
cjfa-35411	243	13	)	)	PUNCT
cjfa-35411	243	14	.	.	PUNCT
cjfa-35411	244	1	new	new	PROPN
cjfa-35411	244	2	delhi	delhi	PROPN
cjfa-35411	244	3	,	,	PUNCT
cjfa-35411	244	4	tata	tata	PROPN
cjfa-35411	244	5	mcgraw	mcgraw	PROPN
cjfa-35411	244	6	-	-	PUNCT
cjfa-35411	244	7	hill	hill	NOUN
cjfa-35411	244	8	education	education	PROPN
cjfa-35411	244	9	private	private	ADJ
cjfa-35411	244	10	limited	limit	VERB
cjfa-35411	244	11	,	,	PUNCT
cjfa-35411	244	12	6.28	6.28	NUM
cjfa-35411	244	13	.	.	PUNCT
cjfa-35411	245	1	kumar	kumar	PROPN
cjfa-35411	245	2	,	,	PUNCT
cjfa-35411	245	3	b.r	b.r	PROPN
cjfa-35411	245	4	.	.	PROPN
cjfa-35411	245	5	,	,	PUNCT
cjfa-35411	245	6	&	&	CCONJ
cjfa-35411	245	7	sujit	sujit	PROPN
cjfa-35411	245	8	,	,	PUNCT
cjfa-35411	245	9	k.s	k.s	PROPN
cjfa-35411	245	10	.	.	PROPN
cjfa-35411	245	11	(	(	PUNCT
cjfa-35411	245	12	2017	2017	NUM
cjfa-35411	245	13	)	)	PUNCT
cjfa-35411	245	14	.	.	PUNCT
cjfa-35411	246	1	determinants	determinant	NOUN
cjfa-35411	246	2	of	of	ADP
cjfa-35411	246	3	dividends	dividend	NOUN
cjfa-35411	246	4	among	among	ADP
cjfa-35411	246	5	indian	indian	ADJ
cjfa-35411	246	6	firms	firm	NOUN
cjfa-35411	246	7	an	an	DET
cjfa-35411	246	8	empirical	empirical	ADJ
cjfa-35411	246	9	study	study	NOUN
cjfa-35411	246	10	.	.	PUNCT
cjfa-35411	247	1	cogent	cogent	NOUN
cjfa-35411	247	2	economics	economics	PROPN
cjfa-35411	247	3	&	&	CCONJ
cjfa-35411	247	4	finance	finance	PROPN
cjfa-35411	247	5	,	,	PUNCT
cjfa-35411	247	6	6(1	6(1	NUM
cjfa-35411	247	7	)	)	PUNCT
cjfa-35411	247	8	,	,	PUNCT
cjfa-35411	247	9	1	1	NUM
cjfa-35411	247	10	-	-	SYM
cjfa-35411	247	11	18	18	NUM
cjfa-35411	247	12	.	.	PUNCT
cjfa-35411	248	1	http://dx.doi.org/10.1080/	http://dx.doi.org/10.1080/	NUM
cjfa-35411	248	2	23322039.2018.1423895	23322039.2018.1423895	NUM
cjfa-35411	248	3	.	.	PUNCT
cjfa-35411	248	4	malhotra	malhotra	PROPN
cjfa-35411	248	5	,	,	PUNCT
cjfa-35411	248	6	n.	n.	NOUN
cjfa-35411	248	7	,	,	PUNCT
cjfa-35411	248	8	&	&	CCONJ
cjfa-35411	248	9	tandon	tandon	PROPN
cjfa-35411	248	10	,	,	PUNCT
cjfa-35411	248	11	k.	k.	PROPN
cjfa-35411	248	12	(	(	PUNCT
cjfa-35411	248	13	2013	2013	NUM
cjfa-35411	248	14	)	)	PUNCT
cjfa-35411	248	15	.	.	PUNCT
cjfa-35411	249	1	determinants	determinant	NOUN
cjfa-35411	249	2	of	of	ADP
cjfa-35411	249	3	stock	stock	NOUN
cjfa-35411	249	4	prices	price	NOUN
cjfa-35411	249	5	:	:	PUNCT
cjfa-35411	249	6	evidence	evidence	NOUN
cjfa-35411	249	7	from	from	ADP
cjfa-35411	249	8	nse	nse	NOUN
cjfa-35411	249	9	100	100	NUM
cjfa-35411	249	10	companies	company	NOUN
cjfa-35411	249	11	.	.	PUNCT
cjfa-35411	250	1	iracst	iracst	NOUN
cjfa-35411	250	2	-	-	PUNCT
cjfa-35411	250	3	international	international	ADJ
cjfa-35411	250	4	journal	journal	NOUN
cjfa-35411	250	5	of	of	ADP
cjfa-35411	250	6	research	research	NOUN
cjfa-35411	250	7	in	in	ADP
cjfa-35411	250	8	management	management	NOUN
cjfa-35411	250	9	and	and	CCONJ
cjfa-35411	250	10	technology	technology	NOUN
cjfa-35411	250	11	,	,	PUNCT
cjfa-35411	250	12	3(3	3(3	NUM
cjfa-35411	250	13	)	)	PUNCT
cjfa-35411	250	14	,	,	PUNCT
cjfa-35411	250	15	89	89	NUM
cjfa-35411	250	16	.	.	PUNCT
cjfa-35411	251	1	https://www.iracst.org/ijrmt/papers/vol3no32013/3vol3no3.pdf	https://www.iracst.org/ijrmt/papers/vol3no32013/3vol3no3.pdf	PROPN
cjfa-35411	251	2	.	.	PROPN
cjfa-35411	251	3	pinto	pinto	PROPN
cjfa-35411	251	4	,	,	PUNCT
cjfa-35411	251	5	g.	g.	PROPN
cjfa-35411	251	6	,	,	PUNCT
cjfa-35411	251	7	&	&	CCONJ
cjfa-35411	251	8	rastogi	rastogi	PROPN
cjfa-35411	251	9	,	,	PUNCT
cjfa-35411	251	10	s.	s.	PROPN
cjfa-35411	251	11	(	(	PUNCT
cjfa-35411	251	12	2019	2019	NUM
cjfa-35411	251	13	)	)	PUNCT
cjfa-35411	251	14	.	.	PUNCT
cjfa-35411	252	1	sectoral	sectoral	ADJ
cjfa-35411	252	2	analysis	analysis	NOUN
cjfa-35411	252	3	of	of	ADP
cjfa-35411	252	4	factors	factor	NOUN
cjfa-35411	252	5	influencing	influence	VERB
cjfa-35411	252	6	dividend	dividend	NOUN
cjfa-35411	252	7	policy	policy	NOUN
cjfa-35411	252	8	:	:	PUNCT
cjfa-35411	252	9	case	case	NOUN
cjfa-35411	252	10	of	of	ADP
cjfa-35411	252	11	an	an	DET
cjfa-35411	252	12	emerging	emerge	VERB
cjfa-35411	252	13	financial	financial	ADJ
cjfa-35411	252	14	market	market	NOUN
cjfa-35411	252	15	.	.	PUNCT
cjfa-35411	253	1	journal	journal	NOUN
cjfa-35411	253	2	of	of	ADP
cjfa-35411	253	3	risk	risk	NOUN
cjfa-35411	253	4	and	and	CCONJ
cjfa-35411	253	5	financial	financial	ADJ
cjfa-35411	253	6	management	management	NOUN
cjfa-35411	253	7	,	,	PUNCT
cjfa-35411	253	8	12(3	12(3	NUM
cjfa-35411	253	9	)	)	PUNCT
cjfa-35411	253	10	,	,	PUNCT
cjfa-35411	253	11	1	1	NUM
cjfa-35411	253	12	-	-	SYM
cjfa-35411	253	13	18	18	NUM
cjfa-35411	253	14	.	.	PUNCT
cjfa-35411	254	1	rehman	rehman	PROPN
cjfa-35411	254	2	,	,	PUNCT
cjfa-35411	254	3	a.	a.	PROPN
cjfa-35411	254	4	,	,	PUNCT
cjfa-35411	254	5	&	&	CCONJ
cjfa-35411	254	6	takumi	takumi	PROPN
cjfa-35411	254	7	,	,	PUNCT
cjfa-35411	254	8	h.	h.	PROPN
cjfa-35411	254	9	(	(	PUNCT
cjfa-35411	254	10	2012	2012	NUM
cjfa-35411	254	11	)	)	PUNCT
cjfa-35411	254	12	.	.	PUNCT
cjfa-35411	255	1	determinants	determinant	NOUN
cjfa-35411	255	2	of	of	ADP
cjfa-35411	255	3	dividend	dividend	NOUN
cjfa-35411	255	4	payout	payout	NOUN
cjfa-35411	255	5	ratio	ratio	NOUN
cjfa-35411	255	6	:	:	PUNCT
cjfa-35411	255	7	evidence	evidence	NOUN
cjfa-35411	255	8	from	from	ADP
cjfa-35411	255	9	karachi	karachi	PROPN
cjfa-35411	255	10	stock	stock	PROPN
cjfa-35411	255	11	exchange	exchange	PROPN
cjfa-35411	255	12	(	(	PUNCT
cjfa-35411	255	13	kse	kse	PROPN
cjfa-35411	255	14	)	)	PUNCT
cjfa-35411	255	15	.	.	PUNCT
cjfa-35411	256	1	journal	journal	PROPN
cjfa-35411	256	2	of	of	ADP
cjfa-35411	256	3	contemporary	contemporary	ADJ
cjfa-35411	256	4	issues	issue	NOUN
cjfa-35411	256	5	in	in	ADP
cjfa-35411	256	6	business	business	NOUN
cjfa-35411	256	7	research	research	NOUN
cjfa-35411	256	8	,	,	PUNCT
cjfa-35411	256	9	1(1	1(1	NUM
cjfa-35411	256	10	)	)	PUNCT
cjfa-35411	256	11	,	,	PUNCT
cjfa-35411	256	12	20	20	NUM
cjfa-35411	256	13	-	-	SYM
cjfa-35411	256	14	27	27	NUM
cjfa-35411	256	15	.	.	PUNCT
cjfa-35411	257	1	sinha	sinha	NOUN
cjfa-35411	257	2	,	,	PUNCT
cjfa-35411	257	3	p.k	p.k	PROPN
cjfa-35411	257	4	.	.	PROPN
cjfa-35411	257	5	(	(	PUNCT
cjfa-35411	257	6	2012	2012	NUM
cjfa-35411	257	7	)	)	PUNCT
cjfa-35411	257	8	.	.	PUNCT
cjfa-35411	258	1	financial	financial	ADJ
cjfa-35411	258	2	management	management	NOUN
cjfa-35411	258	3	:	:	PUNCT
cjfa-35411	258	4	tools	tool	NOUN
cjfa-35411	258	5	and	and	CCONJ
cjfa-35411	258	6	techniques	technique	NOUN
cjfa-35411	258	7	(	(	PUNCT
cjfa-35411	258	8	1st	1st	ADJ
cjfa-35411	258	9	ed	ed	NOUN
cjfa-35411	258	10	.	.	PUNCT
cjfa-35411	258	11	)	)	PUNCT
cjfa-35411	258	12	.	.	PUNCT
cjfa-35411	259	1	new	new	ADJ
cjfa-35411	259	2	delhi	delhi	PROPN
cjfa-35411	259	3	:	:	PUNCT
cjfa-35411	259	4	excel	excel	NOUN
cjfa-35411	259	5	books	book	NOUN
cjfa-35411	259	6	.	.	PUNCT
cjfa-35411	260	1	sumathy	sumathy	PROPN
cjfa-35411	260	2	,	,	PUNCT
cjfa-35411	260	3	n.	n.	NOUN
cjfa-35411	260	4	,	,	PUNCT
cjfa-35411	260	5	&	&	CCONJ
cjfa-35411	260	6	rajasekaran	rajasekaran	PROPN
cjfa-35411	260	7	,	,	PUNCT
cjfa-35411	260	8	d.	d.	PROPN
cjfa-35411	260	9	(	(	PUNCT
cjfa-35411	260	10	2019	2019	NUM
cjfa-35411	260	11	)	)	PUNCT
cjfa-35411	260	12	.	.	PUNCT
cjfa-35411	261	1	determinants	determinant	NOUN
cjfa-35411	261	2	of	of	ADP
cjfa-35411	261	3	dividend	dividend	NOUN
cjfa-35411	261	4	policy	policy	NOUN
cjfa-35411	261	5	in	in	ADP
cjfa-35411	261	6	indian	indian	ADJ
cjfa-35411	261	7	automobile	automobile	NOUN
cjfa-35411	261	8	industry	industry	NOUN
cjfa-35411	261	9	.	.	PUNCT
cjfa-35411	262	1	history	history	NOUN
cjfa-35411	262	2	research	research	NOUN
cjfa-35411	262	3	journal	journal	NOUN
cjfa-35411	262	4	,	,	PUNCT
cjfa-35411	262	5	5(6	5(6	NUM
cjfa-35411	262	6	)	)	PUNCT
cjfa-35411	262	7	,	,	PUNCT
cjfa-35411	262	8	2089	2089	NUM
cjfa-35411	262	9	-	-	SYM
cjfa-35411	262	10	2094	2094	NUM
cjfa-35411	262	11	.	.	PUNCT
cjfa-35411	263	1	navleen	navleen	PROPN
cjfa-35411	263	2	kaur26	kaur26	PROPN
cjfa-35411	263	3	thapa	thapa	PROPN
cjfa-35411	263	4	,	,	PUNCT
cjfa-35411	263	5	m.	m.	NOUN
cjfa-35411	263	6	(	(	PUNCT
cjfa-35411	263	7	2021	2021	NUM
cjfa-35411	263	8	)	)	PUNCT
cjfa-35411	263	9	.	.	PUNCT
cjfa-35411	264	1	effects	effect	NOUN
cjfa-35411	264	2	of	of	ADP
cjfa-35411	264	3	financial	financial	ADJ
cjfa-35411	264	4	determinants	determinant	NOUN
cjfa-35411	264	5	on	on	ADP
cjfa-35411	264	6	dividend	dividend	NOUN
cjfa-35411	264	7	payout	payout	NOUN
cjfa-35411	264	8	:	:	PUNCT
cjfa-35411	264	9	evidence	evidence	NOUN
cjfa-35411	264	10	from	from	ADP
cjfa-35411	264	11	nepalese	nepalese	ADJ
cjfa-35411	264	12	retail	retail	ADJ
cjfa-35411	264	13	banks	bank	NOUN
cjfa-35411	264	14	.	.	PUNCT
cjfa-35411	265	1	the	the	DET
cjfa-35411	265	2	batuk	batuk	NOUN
cjfa-35411	265	3	,	,	PUNCT
cjfa-35411	265	4	7(1	7(1	NUM
cjfa-35411	265	5	)	)	PUNCT
cjfa-35411	265	6	,	,	PUNCT
cjfa-35411	265	7	24	24	NUM
cjfa-35411	265	8	-	-	SYM
cjfa-35411	265	9	37	37	NUM
cjfa-35411	265	10	.	.	PUNCT
cjfa-35411	265	11	http://dx.doi.org/10.3126/batuk	http://dx.doi.org/10.3126/batuk	NOUN
cjfa-35411	265	12	.	.	PUNCT
cjfa-35411	265	13	v7i1.35344	v7i1.35344	NOUN
cjfa-35411	265	14	.	.	PUNCT
cjfa-35411	266	1	thirumagal	thirumagal	ADJ
cjfa-35411	266	2	,	,	PUNCT
cjfa-35411	266	3	p.g	p.g	PROPN
cjfa-35411	266	4	.	.	PROPN
cjfa-35411	266	5	,	,	PUNCT
cjfa-35411	266	6	&	&	CCONJ
cjfa-35411	266	7	vasantha	vasantha	PROPN
cjfa-35411	266	8	,	,	PUNCT
cjfa-35411	266	9	s.	s.	PROPN
cjfa-35411	266	10	(	(	PUNCT
cjfa-35411	266	11	2017	2017	NUM
cjfa-35411	266	12	)	)	PUNCT
cjfa-35411	266	13	.	.	PUNCT
cjfa-35411	267	1	dividend	dividend	NOUN
cjfa-35411	267	2	payout	payout	ADJ
cjfa-35411	267	3	determinants	determinant	NOUN
cjfa-35411	267	4	:	:	PUNCT
cjfa-35411	267	5	evidence	evidence	NOUN
cjfa-35411	267	6	from	from	ADP
cjfa-35411	267	7	indian	indian	ADJ
cjfa-35411	267	8	industries	industry	NOUN
cjfa-35411	267	9	.	.	PUNCT
cjfa-35411	268	1	international	international	ADJ
cjfa-35411	268	2	journal	journal	NOUN
cjfa-35411	268	3	of	of	ADP
cjfa-35411	268	4	pure	pure	ADJ
cjfa-35411	268	5	and	and	CCONJ
cjfa-35411	268	6	applied	applied	ADJ
cjfa-35411	268	7	mathematics	mathematic	NOUN
cjfa-35411	268	8	,	,	PUNCT
cjfa-35411	268	9	117(21	117(21	NUM
cjfa-35411	268	10	)	)	PUNCT
cjfa-35411	268	11	,	,	PUNCT
cjfa-35411	268	12	811	811	NUM
cjfa-35411	268	13	-	-	SYM
cjfa-35411	268	14	829	829	NUM
cjfa-35411	268	15	.	.	PUNCT
cjfa-35411	269	1	tulsian	tulsian	NOUN
cjfa-35411	269	2	,	,	PUNCT
cjfa-35411	269	3	p.c	p.c	PROPN
cjfa-35411	269	4	.	.	PROPN
cjfa-35411	269	5	(	(	PUNCT
cjfa-35411	269	6	2009	2009	NUM
cjfa-35411	269	7	)	)	PUNCT
cjfa-35411	269	8	.	.	PUNCT
cjfa-35411	270	1	financial	financial	ADJ
cjfa-35411	270	2	management	management	NOUN
cjfa-35411	270	3	(	(	PUNCT
cjfa-35411	270	4	1st	1st	ADJ
cjfa-35411	270	5	ed	ed	NOUN
cjfa-35411	270	6	.	.	PUNCT
cjfa-35411	270	7	)	)	PUNCT
cjfa-35411	270	8	.	.	PUNCT
cjfa-35411	271	1	new	new	ADJ
cjfa-35411	271	2	delhi	delhi	PROPN
cjfa-35411	271	3	:	:	PUNCT
cjfa-35411	271	4	s.	s.	PROPN
cjfa-35411	271	5	chand	chand	PROPN
cjfa-35411	271	6	&	&	CCONJ
cjfa-35411	271	7	company	company	PROPN
cjfa-35411	271	8	limited	limit	VERB
cjfa-35411	271	9	.	.	PUNCT