id	sid	tid	token	lemma	pos
cjfa-48232	1	1	date	date	NOUN
cjfa-48232	1	2	of	of	ADP
cjfa-48232	1	3	submission	submission	NOUN
cjfa-48232	1	4	:	:	PUNCT
cjfa-48232	1	5	april	april	PROPN
cjfa-48232	1	6	17	17	NUM
cjfa-48232	1	7	,	,	PUNCT
cjfa-48232	1	8	2023	2023	NUM
cjfa-48232	1	9	;	;	PUNCT
cjfa-48232	1	10	date	date	NOUN
cjfa-48232	1	11	of	of	ADP
cjfa-48232	1	12	acceptance	acceptance	NOUN
cjfa-48232	1	13	:	:	PUNCT
cjfa-48232	1	14	september	september	PROPN
cjfa-48232	1	15	22	22	NUM
cjfa-48232	1	16	,	,	PUNCT
cjfa-48232	1	17	2023	2023	NUM
cjfa-48232	1	18	.	.	PUNCT
cjfa-48232	2	1	*	*	PUNCT
cjfa-48232	2	2	contact	contact	NOUN
cjfa-48232	2	3	information	information	NOUN
cjfa-48232	2	4	:	:	PUNCT
cjfa-48232	2	5	tanja.sinha@thi.de	tanja.sinha@thi.de	ADV
cjfa-48232	2	6	,	,	PUNCT
cjfa-48232	2	7	technische	technische	PROPN
cjfa-48232	2	8	hochschule	hochschule	NOUN
cjfa-48232	2	9	ingolstadt	ingolstadt	NOUN
cjfa-48232	2	10	,	,	PUNCT
cjfa-48232	2	11	business	business	NOUN
cjfa-48232	2	12	school	school	NOUN
cjfa-48232	2	13	,	,	PUNCT
cjfa-48232	2	14	esplanade	esplanade	NOUN
cjfa-48232	2	15	10	10	NUM
cjfa-48232	2	16	,	,	PUNCT
cjfa-48232	2	17	d-85049	d-85049	PROPN
cjfa-48232	2	18	ingolstadt	ingolstadt	NOUN
cjfa-48232	2	19	,	,	PUNCT
cjfa-48232	2	20	germany	germany	PROPN
cjfa-48232	2	21	,	,	PUNCT
cjfa-48232	2	22	phone	phone	NOUN
cjfa-48232	2	23	:	:	PUNCT
cjfa-48232	2	24	+4984193482555	+4984193482555	NUM
cjfa-48232	2	25	,	,	PUNCT
cjfa-48232	2	26	orcid	orcid	NOUN
cjfa-48232	3	1	i	i	NOUN
cjfa-48232	3	2	d	d	PROPN
cjfa-48232	3	3	:	:	PUNCT
cjfa-48232	3	4	https://orcid.org/0009-0001-4966-1980	https://orcid.org/0009-0001-4966-1980	PROPN
cjfa-48232	3	5	.	.	PROPN
cjfa-48232	3	6	copernican	copernican	PROPN
cjfa-48232	3	7	journal	journal	PROPN
cjfa-48232	3	8	of	of	ADP
cjfa-48232	3	9	finance	finance	PROPN
cjfa-48232	3	10	&	&	CCONJ
cjfa-48232	3	11	accounting	accounting	PROPN
cjfa-48232	3	12	e	e	PROPN
cjfa-48232	3	13	-	-	PROPN
cjfa-48232	3	14	issn	issn	PROPN
cjfa-48232	3	15	2300	2300	NUM
cjfa-48232	3	16	-	-	SYM
cjfa-48232	3	17	3065	3065	NUM
cjfa-48232	3	18	p	p	PROPN
cjfa-48232	3	19	-	-	PUNCT
cjfa-48232	3	20	issn	issn	PROPN
cjfa-48232	3	21	2300	2300	NUM
cjfa-48232	3	22	-	-	SYM
cjfa-48232	3	23	12402023	12402023	NUM
cjfa-48232	3	24	,	,	PUNCT
cjfa-48232	3	25	volume	volume	NOUN
cjfa-48232	3	26	12	12	NUM
cjfa-48232	3	27	,	,	PUNCT
cjfa-48232	3	28	issue	issue	NOUN
cjfa-48232	3	29	2	2	NUM
cjfa-48232	3	30	sinha	sinha	NOUN
cjfa-48232	3	31	,	,	PUNCT
cjfa-48232	3	32	t.	t.	PROPN
cjfa-48232	3	33	(	(	PUNCT
cjfa-48232	3	34	2023	2023	NUM
cjfa-48232	3	35	)	)	PUNCT
cjfa-48232	3	36	.	.	PUNCT
cjfa-48232	4	1	the	the	DET
cjfa-48232	4	2	role	role	NOUN
cjfa-48232	4	3	of	of	ADP
cjfa-48232	4	4	female	female	ADJ
cjfa-48232	4	5	leadership	leadership	NOUN
cjfa-48232	4	6	in	in	ADP
cjfa-48232	4	7	times	time	NOUN
cjfa-48232	4	8	of	of	ADP
cjfa-48232	4	9	financial	financial	ADJ
cjfa-48232	4	10	crisis	crisis	NOUN
cjfa-48232	4	11	–	–	PUNCT
cjfa-48232	4	12	an	an	DET
cjfa-48232	4	13	analysis	analysis	NOUN
cjfa-48232	4	14	during	during	ADP
cjfa-48232	4	15	the	the	DET
cjfa-48232	4	16	covid-19	covid-19	PROPN
cjfa-48232	4	17	pandemic	pandemic	NOUN
cjfa-48232	4	18	.	.	PUNCT
cjfa-48232	5	1	copernican	copernican	PROPN
cjfa-48232	5	2	journal	journal	PROPN
cjfa-48232	5	3	of	of	ADP
cjfa-48232	5	4	finance	finance	PROPN
cjfa-48232	5	5	&	&	CCONJ
cjfa-48232	5	6	accounting	accounting	PROPN
cjfa-48232	5	7	,	,	PUNCT
cjfa-48232	5	8	12(2	12(2	NUM
cjfa-48232	5	9	)	)	PUNCT
cjfa-48232	5	10	,	,	PUNCT
cjfa-48232	5	11	79–98	79–98	NUM
cjfa-48232	5	12	.	.	PUNCT
cjfa-48232	6	1	http://dx.doi	http://dx.doi	NOUN
cjfa-48232	6	2	.	.	PUNCT
cjfa-48232	7	1	org/10.12775	org/10.12775	PROPN
cjfa-48232	7	2	/	/	SYM
cjfa-48232	7	3	cjfa.2023.012	cjfa.2023.012	PROPN
cjfa-48232	7	4	tanja	tanja	PROPN
cjfa-48232	7	5	sinha	sinha	PROPN
cjfa-48232	7	6	*	*	PROPN
cjfa-48232	7	7	technische	technische	PROPN
cjfa-48232	7	8	hochschule	hochschule	NOUN
cjfa-48232	7	9	ingolstadt	ingolstadt	NOUN
cjfa-48232	8	1	the	the	DET
cjfa-48232	8	2	role	role	NOUN
cjfa-48232	8	3	of	of	ADP
cjfa-48232	8	4	female	female	ADJ
cjfa-48232	8	5	leadership	leadership	NOUN
cjfa-48232	8	6	in	in	ADP
cjfa-48232	8	7	times	time	NOUN
cjfa-48232	8	8	of	of	ADP
cjfa-48232	8	9	financial	financial	ADJ
cjfa-48232	8	10	crisis	crisis	NOUN
cjfa-48232	8	11	–	–	PUNCT
cjfa-48232	8	12	an	an	DET
cjfa-48232	8	13	analysis	analysis	NOUN
cjfa-48232	8	14	during	during	ADP
cjfa-48232	8	15	the	the	DET
cjfa-48232	8	16	covid-19	covid-19	PROPN
cjfa-48232	8	17	pandemic	pandemic	ADJ
cjfa-48232	8	18	keywords	keyword	NOUN
cjfa-48232	8	19	:	:	PUNCT
cjfa-48232	8	20	gender	gender	NOUN
cjfa-48232	8	21	diversity	diversity	NOUN
cjfa-48232	8	22	,	,	PUNCT
cjfa-48232	8	23	female	female	ADJ
cjfa-48232	8	24	leadership	leadership	NOUN
cjfa-48232	8	25	,	,	PUNCT
cjfa-48232	8	26	firm	firm	ADJ
cjfa-48232	8	27	performance	performance	NOUN
cjfa-48232	8	28	,	,	PUNCT
cjfa-48232	8	29	financial	financial	ADJ
cjfa-48232	8	30	crisis	crisis	NOUN
cjfa-48232	8	31	.	.	PUNCT
cjfa-48232	9	1	j	j	PROPN
cjfa-48232	9	2	e	e	PROPN
cjfa-48232	9	3	l	l	NOUN
cjfa-48232	9	4	classification	classification	NOUN
cjfa-48232	9	5	:	:	PUNCT
cjfa-48232	9	6	j16	j16	PROPN
cjfa-48232	9	7	,	,	PUNCT
cjfa-48232	9	8	g01	g01	NOUN
cjfa-48232	9	9	,	,	PUNCT
cjfa-48232	9	10	g11	g11	PROPN
cjfa-48232	9	11	.	.	PUNCT
cjfa-48232	10	1	abstract	abstract	NOUN
cjfa-48232	10	2	:	:	PUNCT
cjfa-48232	10	3	in	in	ADP
cjfa-48232	10	4	2020	2020	NUM
cjfa-48232	10	5	the	the	DET
cjfa-48232	10	6	new	new	ADJ
cjfa-48232	10	7	covid-19	covid-19	PROPN
cjfa-48232	10	8	-	-	PUNCT
cjfa-48232	10	9	virus	virus	NOUN
cjfa-48232	10	10	brought	bring	VERB
cjfa-48232	10	11	an	an	DET
cjfa-48232	10	12	external	external	ADJ
cjfa-48232	10	13	shock	shock	NOUN
cjfa-48232	10	14	to	to	ADP
cjfa-48232	10	15	the	the	DET
cjfa-48232	10	16	stock	stock	NOUN
cjfa-48232	10	17	markets	market	NOUN
cjfa-48232	10	18	.	.	PUNCT
cjfa-48232	11	1	in	in	ADP
cjfa-48232	11	2	this	this	DET
cjfa-48232	11	3	situation	situation	NOUN
cjfa-48232	11	4	effective	effective	ADJ
cjfa-48232	11	5	leadership	leadership	NOUN
cjfa-48232	11	6	was	be	AUX
cjfa-48232	11	7	essential	essential	ADJ
cjfa-48232	11	8	to	to	PART
cjfa-48232	11	9	bring	bring	VERB
cjfa-48232	11	10	companies	company	NOUN
cjfa-48232	11	11	through	through	ADP
cjfa-48232	11	12	the	the	DET
cjfa-48232	11	13	crisis	crisis	NOUN
cjfa-48232	11	14	.	.	PUNCT
cjfa-48232	12	1	political	political	ADJ
cjfa-48232	12	2	observation	observation	NOUN
cjfa-48232	12	3	showed	show	VERB
cjfa-48232	12	4	that	that	SCONJ
cjfa-48232	12	5	countries	country	NOUN
cjfa-48232	12	6	led	lead	VERB
cjfa-48232	12	7	by	by	ADP
cjfa-48232	12	8	women	woman	NOUN
cjfa-48232	12	9	managed	manage	VERB
cjfa-48232	12	10	the	the	DET
cjfa-48232	12	11	pandemic	pandemic	ADJ
cjfa-48232	12	12	situation	situation	NOUN
cjfa-48232	12	13	more	more	ADV
cjfa-48232	12	14	effectively	effectively	ADV
cjfa-48232	12	15	than	than	ADP
cjfa-48232	12	16	those	those	PRON
cjfa-48232	12	17	led	lead	VERB
cjfa-48232	12	18	by	by	ADP
cjfa-48232	12	19	men	man	NOUN
cjfa-48232	12	20	.	.	PUNCT
cjfa-48232	13	1	therefore	therefore	ADV
cjfa-48232	13	2	,	,	PUNCT
cjfa-48232	13	3	the	the	DET
cjfa-48232	13	4	research	research	NOUN
cjfa-48232	13	5	objective	objective	NOUN
cjfa-48232	13	6	of	of	ADP
cjfa-48232	13	7	this	this	DET
cjfa-48232	13	8	article	article	NOUN
cjfa-48232	13	9	is	be	AUX
cjfa-48232	13	10	to	to	PART
cjfa-48232	13	11	examine	examine	VERB
cjfa-48232	13	12	whether	whether	SCONJ
cjfa-48232	13	13	female	female	ADJ
cjfa-48232	13	14	leaders	leader	NOUN
cjfa-48232	13	15	were	be	AUX
cjfa-48232	13	16	also	also	ADV
cjfa-48232	13	17	more	more	ADV
cjfa-48232	13	18	successful	successful	ADJ
cjfa-48232	13	19	to	to	PART
cjfa-48232	13	20	guide	guide	VERB
cjfa-48232	13	21	companies	company	NOUN
cjfa-48232	13	22	through	through	ADP
cjfa-48232	13	23	the	the	DET
cjfa-48232	13	24	pandemic	pandemic	NOUN
cjfa-48232	13	25	.	.	PUNCT
cjfa-48232	14	1	success	success	NOUN
cjfa-48232	14	2	in	in	ADP
cjfa-48232	14	3	this	this	DET
cjfa-48232	14	4	study	study	NOUN
cjfa-48232	14	5	is	be	AUX
cjfa-48232	14	6	defined	define	VERB
cjfa-48232	14	7	as	as	ADP
cjfa-48232	14	8	financial	financial	ADJ
cjfa-48232	14	9	performance	performance	NOUN
cjfa-48232	14	10	based	base	VERB
cjfa-48232	14	11	on	on	ADP
cjfa-48232	14	12	stock	stock	NOUN
cjfa-48232	14	13	prices	price	NOUN
cjfa-48232	14	14	.	.	PUNCT
cjfa-48232	15	1	to	to	PART
cjfa-48232	15	2	find	find	VERB
cjfa-48232	15	3	out	out	ADP
cjfa-48232	15	4	whether	whether	SCONJ
cjfa-48232	15	5	female	female	ADJ
cjfa-48232	15	6	managers	manager	NOUN
cjfa-48232	15	7	showed	show	VERB
cjfa-48232	15	8	a	a	DET
cjfa-48232	15	9	better	well	ADJ
cjfa-48232	15	10	financial	financial	ADJ
cjfa-48232	15	11	performance	performance	NOUN
cjfa-48232	15	12	during	during	ADP
cjfa-48232	15	13	this	this	DET
cjfa-48232	15	14	crisis	crisis	NOUN
cjfa-48232	15	15	,	,	PUNCT
cjfa-48232	15	16	this	this	DET
cjfa-48232	15	17	study	study	NOUN
cjfa-48232	15	18	examined	examine	VERB
cjfa-48232	15	19	all	all	DET
cjfa-48232	15	20	companies	company	NOUN
cjfa-48232	15	21	listed	list	VERB
cjfa-48232	15	22	on	on	ADP
cjfa-48232	15	23	the	the	DET
cjfa-48232	15	24	german	german	ADJ
cjfa-48232	15	25	stock	stock	NOUN
cjfa-48232	15	26	exchange	exchange	NOUN
cjfa-48232	15	27	,	,	PUNCT
cjfa-48232	15	28	which	which	PRON
cjfa-48232	15	29	have	have	VERB
cjfa-48232	15	30	at	at	ADV
cjfa-48232	15	31	least	least	ADV
cjfa-48232	15	32	50	50	NUM
cjfa-48232	15	33	%	%	NOUN
cjfa-48232	15	34	women	woman	NOUN
cjfa-48232	15	35	in	in	ADP
cjfa-48232	15	36	the	the	DET
cjfa-48232	15	37	board	board	NOUN
cjfa-48232	15	38	.	.	PUNCT
cjfa-48232	16	1	to	to	PART
cjfa-48232	16	2	compare	compare	VERB
cjfa-48232	16	3	this	this	DET
cjfa-48232	16	4	female	female	ADJ
cjfa-48232	16	5	managed	manage	VERB
cjfa-48232	16	6	companies	company	NOUN
cjfa-48232	16	7	to	to	ADP
cjfa-48232	16	8	firms	firm	NOUN
cjfa-48232	16	9	managed	manage	VERB
cjfa-48232	16	10	mainly	mainly	ADV
cjfa-48232	16	11	by	by	ADP
cjfa-48232	16	12	male	male	ADJ
cjfa-48232	16	13	managers	manager	NOUN
cjfa-48232	16	14	,	,	PUNCT
cjfa-48232	16	15	a	a	DET
cjfa-48232	16	16	market	market	NOUN
cjfa-48232	16	17	value	value	NOUN
cjfa-48232	16	18	weighted	weight	VERB
cjfa-48232	16	19	index	index	NOUN
cjfa-48232	16	20	for	for	ADP
cjfa-48232	16	21	the	the	DET
cjfa-48232	16	22	female	female	ADJ
cjfa-48232	16	23	managed	manage	VERB
cjfa-48232	16	24	companies	company	NOUN
cjfa-48232	16	25	was	be	AUX
cjfa-48232	16	26	conducted	conduct	VERB
cjfa-48232	16	27	and	and	CCONJ
cjfa-48232	16	28	compared	compare	VERB
cjfa-48232	16	29	to	to	ADP
cjfa-48232	16	30	the	the	DET
cjfa-48232	16	31	german	german	ADJ
cjfa-48232	16	32	stock	stock	NOUN
cjfa-48232	16	33	index	index	NOUN
cjfa-48232	16	34	dax	dax	X
cjfa-48232	16	35	by	by	ADP
cjfa-48232	16	36	looking	look	VERB
cjfa-48232	16	37	at	at	ADP
cjfa-48232	16	38	several	several	ADJ
cjfa-48232	16	39	financial	financial	ADJ
cjfa-48232	16	40	key	key	ADJ
cjfa-48232	16	41	figures	figure	NOUN
cjfa-48232	16	42	.	.	PUNCT
cjfa-48232	17	1	the	the	DET
cjfa-48232	17	2	analysis	analysis	NOUN
cjfa-48232	17	3	of	of	ADP
cjfa-48232	17	4	these	these	DET
cjfa-48232	17	5	key	key	ADJ
cjfa-48232	17	6	figures	figure	NOUN
cjfa-48232	17	7	shows	show	VERB
cjfa-48232	17	8	that	that	SCONJ
cjfa-48232	17	9	female	female	ADJ
cjfa-48232	17	10	managed	manage	VERB
cjfa-48232	17	11	companies	company	NOUN
cjfa-48232	17	12	outperformed	outperform	VERB
cjfa-48232	17	13	male	male	ADJ
cjfa-48232	17	14	managed	manage	VERB
cjfa-48232	17	15	companies	company	NOUN
cjfa-48232	17	16	in	in	ADP
cjfa-48232	17	17	terms	term	NOUN
cjfa-48232	17	18	of	of	ADP
cjfa-48232	17	19	return	return	NOUN
cjfa-48232	17	20	as	as	ADV
cjfa-48232	17	21	well	well	ADV
cjfa-48232	17	22	as	as	ADP
cjfa-48232	17	23	risk	risk	NOUN
cjfa-48232	17	24	in	in	ADP
cjfa-48232	17	25	the	the	DET
cjfa-48232	17	26	year	year	NOUN
cjfa-48232	17	27	of	of	ADP
cjfa-48232	17	28	the	the	DET
cjfa-48232	17	29	covid	covid	NOUN
cjfa-48232	17	30	-	-	ADJ
cjfa-48232	17	31	pandemic	pandemic	ADJ
cjfa-48232	17	32	but	but	CCONJ
cjfa-48232	17	33	were	be	AUX
cjfa-48232	17	34	not	not	PART
cjfa-48232	17	35	able	able	ADJ
cjfa-48232	17	36	to	to	PART
cjfa-48232	17	37	keep	keep	VERB
cjfa-48232	17	38	their	their	PRON
cjfa-48232	17	39	overperformance	overperformance	NOUN
cjfa-48232	17	40	in	in	ADP
cjfa-48232	17	41	the	the	DET
cjfa-48232	17	42	subsequent	subsequent	ADJ
cjfa-48232	17	43	http://dx.doi.org/10.12775/cjfa.2023.012	http://dx.doi.org/10.12775/cjfa.2023.012	NOUN
cjfa-48232	17	44	http://dx.doi.org/10.12775/cjfa.2023.012	http://dx.doi.org/10.12775/cjfa.2023.012	NOUN
cjfa-48232	17	45	tanja	tanja	NOUN
cjfa-48232	17	46	sinha8080	sinha8080	PROPN
cjfa-48232	17	47	years	year	NOUN
cjfa-48232	17	48	.	.	PUNCT
cjfa-48232	18	1	this	this	PRON
cjfa-48232	18	2	may	may	AUX
cjfa-48232	18	3	be	be	AUX
cjfa-48232	18	4	an	an	DET
cjfa-48232	18	5	indicator	indicator	NOUN
cjfa-48232	18	6	that	that	SCONJ
cjfa-48232	18	7	women	woman	NOUN
cjfa-48232	18	8	are	be	AUX
cjfa-48232	18	9	superior	superior	ADJ
cjfa-48232	18	10	in	in	ADP
cjfa-48232	18	11	leading	lead	VERB
cjfa-48232	18	12	a	a	DET
cjfa-48232	18	13	company	company	NOUN
cjfa-48232	18	14	through	through	ADP
cjfa-48232	18	15	a	a	DET
cjfa-48232	18	16	crisis	crisis	NOUN
cjfa-48232	18	17	but	but	CCONJ
cjfa-48232	18	18	suffer	suffer	VERB
cjfa-48232	18	19	in	in	ADP
cjfa-48232	18	20	terms	term	NOUN
cjfa-48232	18	21	of	of	ADP
cjfa-48232	18	22	performance	performance	NOUN
cjfa-48232	18	23	when	when	SCONJ
cjfa-48232	18	24	times	time	NOUN
cjfa-48232	18	25	have	have	AUX
cjfa-48232	18	26	calmed	calm	VERB
cjfa-48232	18	27	down	down	ADP
cjfa-48232	18	28	.	.	PUNCT
cjfa-48232	18	29	 	 	SPACE
cjfa-48232	19	1	introduction	introduction	NOUN
cjfa-48232	19	2	 	 	SPACE
cjfa-48232	19	3	introduction	introduction	NOUN
cjfa-48232	19	4	in	in	ADP
cjfa-48232	19	5	today	today	NOUN
cjfa-48232	19	6	’s	’s	PART
cjfa-48232	19	7	time	time	NOUN
cjfa-48232	19	8	there	there	PRON
cjfa-48232	19	9	are	be	VERB
cjfa-48232	19	10	major	major	ADJ
cjfa-48232	19	11	discussions	discussion	NOUN
cjfa-48232	19	12	whether	whether	SCONJ
cjfa-48232	19	13	female	female	ADJ
cjfa-48232	19	14	representation	representation	NOUN
cjfa-48232	19	15	,	,	PUNCT
cjfa-48232	19	16	especially	especially	ADV
cjfa-48232	19	17	in	in	ADP
cjfa-48232	19	18	business	business	NOUN
cjfa-48232	19	19	life	life	NOUN
cjfa-48232	19	20	,	,	PUNCT
cjfa-48232	19	21	should	should	AUX
cjfa-48232	19	22	be	be	AUX
cjfa-48232	19	23	enforced	enforce	VERB
cjfa-48232	19	24	by	by	ADP
cjfa-48232	19	25	quota	quota	NOUN
cjfa-48232	19	26	regulations	regulation	NOUN
cjfa-48232	19	27	.	.	PUNCT
cjfa-48232	20	1	on	on	ADP
cjfa-48232	20	2	the	the	DET
cjfa-48232	20	3	one	one	NUM
cjfa-48232	20	4	hand	hand	NOUN
cjfa-48232	20	5	there	there	PRON
cjfa-48232	20	6	is	be	VERB
cjfa-48232	20	7	the	the	DET
cjfa-48232	20	8	fear	fear	NOUN
cjfa-48232	20	9	that	that	SCONJ
cjfa-48232	20	10	with	with	ADP
cjfa-48232	20	11	such	such	ADJ
cjfa-48232	20	12	quota	quota	NOUN
cjfa-48232	20	13	enforcements	enforcement	NOUN
cjfa-48232	20	14	management	management	NOUN
cjfa-48232	20	15	positions	position	NOUN
cjfa-48232	20	16	will	will	AUX
cjfa-48232	20	17	not	not	PART
cjfa-48232	20	18	be	be	AUX
cjfa-48232	20	19	filled	fill	VERB
cjfa-48232	20	20	based	base	VERB
cjfa-48232	20	21	on	on	ADP
cjfa-48232	20	22	qualification	qualification	NOUN
cjfa-48232	20	23	and	and	CCONJ
cjfa-48232	20	24	competence	competence	NOUN
cjfa-48232	20	25	.	.	PUNCT
cjfa-48232	21	1	on	on	ADP
cjfa-48232	21	2	the	the	DET
cjfa-48232	21	3	other	other	ADJ
cjfa-48232	21	4	hand	hand	NOUN
cjfa-48232	21	5	,	,	PUNCT
cjfa-48232	21	6	there	there	PRON
cjfa-48232	21	7	are	be	VERB
cjfa-48232	21	8	many	many	ADJ
cjfa-48232	21	9	arguments	argument	NOUN
cjfa-48232	21	10	why	why	SCONJ
cjfa-48232	21	11	such	such	ADJ
cjfa-48232	21	12	quotas	quota	NOUN
cjfa-48232	21	13	are	be	AUX
cjfa-48232	21	14	needed	need	VERB
cjfa-48232	21	15	to	to	PART
cjfa-48232	21	16	empower	empower	VERB
cjfa-48232	21	17	female	female	ADJ
cjfa-48232	21	18	leadership	leadership	NOUN
cjfa-48232	21	19	in	in	ADP
cjfa-48232	21	20	today	today	NOUN
cjfa-48232	21	21	’s	’s	PART
cjfa-48232	21	22	business	business	NOUN
cjfa-48232	21	23	life	life	NOUN
cjfa-48232	21	24	.	.	PUNCT
cjfa-48232	22	1	despite	despite	SCONJ
cjfa-48232	22	2	the	the	DET
cjfa-48232	22	3	numbers	number	NOUN
cjfa-48232	22	4	have	have	AUX
cjfa-48232	22	5	improved	improve	VERB
cjfa-48232	22	6	significantly	significantly	ADV
cjfa-48232	22	7	in	in	ADP
cjfa-48232	22	8	the	the	DET
cjfa-48232	22	9	last	last	ADJ
cjfa-48232	22	10	years	year	NOUN
cjfa-48232	22	11	,	,	PUNCT
cjfa-48232	22	12	in	in	ADP
cjfa-48232	22	13	2021	2021	NUM
cjfa-48232	22	14	in	in	ADP
cjfa-48232	22	15	the	the	DET
cjfa-48232	22	16	european	european	PROPN
cjfa-48232	22	17	union	union	PROPN
cjfa-48232	22	18	still	still	ADV
cjfa-48232	22	19	only	only	ADV
cjfa-48232	22	20	34	34	NUM
cjfa-48232	22	21	%	%	NOUN
cjfa-48232	22	22	of	of	ADP
cjfa-48232	22	23	all	all	DET
cjfa-48232	22	24	leadership	leadership	NOUN
cjfa-48232	22	25	roles	role	NOUN
cjfa-48232	22	26	were	be	AUX
cjfa-48232	22	27	held	hold	VERB
cjfa-48232	22	28	by	by	ADP
cjfa-48232	22	29	women	woman	NOUN
cjfa-48232	22	30	(	(	PUNCT
cjfa-48232	22	31	grant	grant	PROPN
cjfa-48232	22	32	thornton	thornton	PROPN
cjfa-48232	22	33	international	international	PROPN
cjfa-48232	22	34	business	business	PROPN
cjfa-48232	22	35	report	report	NOUN
cjfa-48232	22	36	,	,	PUNCT
cjfa-48232	22	37	2021	2021	NUM
cjfa-48232	22	38	)	)	PUNCT
cjfa-48232	22	39	.	.	PUNCT
cjfa-48232	23	1	during	during	ADP
cjfa-48232	23	2	the	the	DET
cjfa-48232	23	3	covid	covid	NOUN
cjfa-48232	23	4	-	-	PUNCT
cjfa-48232	23	5	crisis	crisis	NOUN
cjfa-48232	23	6	it	it	PRON
cjfa-48232	23	7	could	could	AUX
cjfa-48232	23	8	be	be	AUX
cjfa-48232	23	9	seen	see	VERB
cjfa-48232	23	10	that	that	SCONJ
cjfa-48232	23	11	countries	country	NOUN
cjfa-48232	23	12	with	with	ADP
cjfa-48232	23	13	female	female	ADJ
cjfa-48232	23	14	leaders	leader	NOUN
cjfa-48232	23	15	had	have	VERB
cjfa-48232	23	16	lower	low	ADJ
cjfa-48232	23	17	fatality	fatality	NOUN
cjfa-48232	23	18	rates	rate	NOUN
cjfa-48232	23	19	and	and	CCONJ
cjfa-48232	23	20	were	be	AUX
cjfa-48232	23	21	able	able	ADJ
cjfa-48232	23	22	to	to	PART
cjfa-48232	23	23	better	well	ADV
cjfa-48232	23	24	manage	manage	VERB
cjfa-48232	23	25	this	this	DET
cjfa-48232	23	26	crisis	crisis	NOUN
cjfa-48232	23	27	(	(	PUNCT
cjfa-48232	23	28	garikipati	garikipati	PROPN
cjfa-48232	23	29	&	&	CCONJ
cjfa-48232	23	30	kambhampati	kambhampati	PROPN
cjfa-48232	23	31	,	,	PUNCT
cjfa-48232	23	32	2021	2021	NUM
cjfa-48232	23	33	)	)	PUNCT
cjfa-48232	23	34	.	.	PUNCT
cjfa-48232	24	1	also	also	ADV
cjfa-48232	24	2	,	,	PUNCT
cjfa-48232	24	3	us	us	PROPN
cjfa-48232	24	4	-	-	PUNCT
cjfa-48232	24	5	states	state	NOUN
cjfa-48232	24	6	with	with	ADP
cjfa-48232	24	7	female	female	ADJ
cjfa-48232	24	8	governors	governor	NOUN
cjfa-48232	24	9	had	have	VERB
cjfa-48232	24	10	fewer	few	ADJ
cjfa-48232	24	11	deaths	death	NOUN
cjfa-48232	24	12	due	due	ADJ
cjfa-48232	24	13	to	to	PART
cjfa-48232	24	14	covid	covid	VERB
cjfa-48232	24	15	than	than	ADP
cjfa-48232	24	16	those	those	PRON
cjfa-48232	24	17	with	with	ADP
cjfa-48232	24	18	male	male	ADJ
cjfa-48232	24	19	governors	governor	NOUN
cjfa-48232	24	20	(	(	PUNCT
cjfa-48232	24	21	sergent	sergent	PROPN
cjfa-48232	24	22	&	&	CCONJ
cjfa-48232	24	23	stajkovic	stajkovic	PROPN
cjfa-48232	24	24	,	,	PUNCT
cjfa-48232	24	25	2020	2020	NUM
cjfa-48232	24	26	)	)	PUNCT
cjfa-48232	24	27	.	.	PUNCT
cjfa-48232	25	1	in	in	ADP
cjfa-48232	25	2	a	a	DET
cjfa-48232	25	3	leader	leader	NOUN
cjfa-48232	25	4	assessment	assessment	NOUN
cjfa-48232	25	5	of	of	ADP
cjfa-48232	25	6	more	more	ADJ
cjfa-48232	25	7	than	than	ADP
cjfa-48232	25	8	60,000	60,000	NUM
cjfa-48232	25	9	leaders	leader	NOUN
cjfa-48232	25	10	in	in	ADP
cjfa-48232	25	11	the	the	DET
cjfa-48232	25	12	first	first	ADJ
cjfa-48232	25	13	phase	phase	NOUN
cjfa-48232	25	14	of	of	ADP
cjfa-48232	25	15	the	the	DET
cjfa-48232	25	16	covid	covid	ADJ
cjfa-48232	25	17	-	-	ADJ
cjfa-48232	25	18	pandemic	pandemic	ADJ
cjfa-48232	25	19	zenger	zenger	NOUN
cjfa-48232	25	20	and	and	CCONJ
cjfa-48232	25	21	folkman	folkman	NOUN
cjfa-48232	25	22	(	(	PUNCT
cjfa-48232	25	23	2020	2020	NUM
cjfa-48232	25	24	)	)	PUNCT
cjfa-48232	25	25	found	find	VERB
cjfa-48232	25	26	out	out	ADP
cjfa-48232	25	27	that	that	SCONJ
cjfa-48232	25	28	also	also	ADV
cjfa-48232	25	29	in	in	ADP
cjfa-48232	25	30	companies	company	NOUN
cjfa-48232	25	31	the	the	DET
cjfa-48232	25	32	leadership	leadership	NOUN
cjfa-48232	25	33	effectiveness	effectiveness	NOUN
cjfa-48232	25	34	of	of	ADP
cjfa-48232	25	35	women	woman	NOUN
cjfa-48232	25	36	was	be	AUX
cjfa-48232	25	37	higher	higher	ADV
cjfa-48232	25	38	rated	rate	VERB
cjfa-48232	25	39	than	than	ADP
cjfa-48232	25	40	that	that	PRON
cjfa-48232	25	41	of	of	ADP
cjfa-48232	25	42	men	man	NOUN
cjfa-48232	25	43	.	.	PUNCT
cjfa-48232	26	1	this	this	DET
cjfa-48232	26	2	study	study	NOUN
cjfa-48232	26	3	will	will	AUX
cjfa-48232	26	4	not	not	PART
cjfa-48232	26	5	stick	stick	VERB
cjfa-48232	26	6	to	to	ADP
cjfa-48232	26	7	the	the	DET
cjfa-48232	26	8	emotional	emotional	ADJ
cjfa-48232	26	9	aspect	aspect	NOUN
cjfa-48232	26	10	of	of	ADP
cjfa-48232	26	11	this	this	DET
cjfa-48232	26	12	discussion	discussion	NOUN
cjfa-48232	26	13	,	,	PUNCT
cjfa-48232	26	14	but	but	CCONJ
cjfa-48232	26	15	rather	rather	ADV
cjfa-48232	26	16	wants	want	VERB
cjfa-48232	26	17	to	to	PART
cjfa-48232	26	18	give	give	VERB
cjfa-48232	26	19	proof	proof	NOUN
cjfa-48232	26	20	whether	whether	SCONJ
cjfa-48232	26	21	female	female	ADJ
cjfa-48232	26	22	leadership	leadership	NOUN
cjfa-48232	26	23	is	be	AUX
cjfa-48232	26	24	beneficial	beneficial	ADJ
cjfa-48232	26	25	in	in	ADP
cjfa-48232	26	26	times	time	NOUN
cjfa-48232	26	27	of	of	ADP
cjfa-48232	26	28	crisis	crisis	NOUN
cjfa-48232	26	29	in	in	ADP
cjfa-48232	26	30	terms	term	NOUN
cjfa-48232	26	31	of	of	ADP
cjfa-48232	26	32	return	return	NOUN
cjfa-48232	26	33	,	,	PUNCT
cjfa-48232	26	34	risk	risk	NOUN
cjfa-48232	26	35	,	,	PUNCT
cjfa-48232	26	36	and	and	CCONJ
cjfa-48232	26	37	performance	performance	NOUN
cjfa-48232	26	38	figures	figure	NOUN
cjfa-48232	26	39	.	.	PUNCT
cjfa-48232	27	1	contrary	contrary	ADJ
cjfa-48232	27	2	to	to	ADP
cjfa-48232	27	3	most	most	ADJ
cjfa-48232	27	4	other	other	ADJ
cjfa-48232	27	5	studies	study	NOUN
cjfa-48232	27	6	conducted	conduct	VERB
cjfa-48232	27	7	in	in	ADP
cjfa-48232	27	8	this	this	DET
cjfa-48232	27	9	field	field	NOUN
cjfa-48232	27	10	,	,	PUNCT
cjfa-48232	27	11	this	this	DET
cjfa-48232	27	12	study	study	NOUN
cjfa-48232	27	13	is	be	AUX
cjfa-48232	27	14	not	not	PART
cjfa-48232	27	15	looking	look	VERB
cjfa-48232	27	16	at	at	ADP
cjfa-48232	27	17	gender	gender	NOUN
cjfa-48232	27	18	diversity	diversity	NOUN
cjfa-48232	27	19	in	in	ADP
cjfa-48232	27	20	companies	company	NOUN
cjfa-48232	27	21	in	in	ADP
cjfa-48232	27	22	general	general	ADJ
cjfa-48232	27	23	but	but	CCONJ
cjfa-48232	27	24	will	will	AUX
cjfa-48232	27	25	examine	examine	VERB
cjfa-48232	27	26	companies	company	NOUN
cjfa-48232	27	27	with	with	ADP
cjfa-48232	27	28	a	a	DET
cjfa-48232	27	29	share	share	NOUN
cjfa-48232	27	30	of	of	ADP
cjfa-48232	27	31	at	at	ADV
cjfa-48232	27	32	least	least	ADV
cjfa-48232	27	33	50	50	NUM
cjfa-48232	27	34	%	%	NOUN
cjfa-48232	27	35	women	woman	NOUN
cjfa-48232	27	36	in	in	ADP
cjfa-48232	27	37	the	the	DET
cjfa-48232	27	38	board	board	NOUN
cjfa-48232	27	39	of	of	ADP
cjfa-48232	27	40	the	the	DET
cjfa-48232	27	41	firm	firm	NOUN
cjfa-48232	27	42	and	and	CCONJ
cjfa-48232	27	43	therefore	therefore	ADV
cjfa-48232	27	44	explore	explore	VERB
cjfa-48232	27	45	whether	whether	SCONJ
cjfa-48232	27	46	women	woman	NOUN
cjfa-48232	27	47	are	be	AUX
cjfa-48232	27	48	the	the	DET
cjfa-48232	27	49	better	well	ADJ
cjfa-48232	27	50	leaders	leader	NOUN
cjfa-48232	27	51	in	in	ADP
cjfa-48232	27	52	times	time	NOUN
cjfa-48232	27	53	of	of	ADP
cjfa-48232	27	54	crisis	crisis	NOUN
cjfa-48232	27	55	.	.	PUNCT
cjfa-48232	28	1	literature	literature	NOUN
cjfa-48232	28	2	reviewliterature	reviewliterature	NOUN
cjfa-48232	28	3	review	review	VERB
cjfa-48232	28	4	previous	previous	ADJ
cjfa-48232	28	5	studies	study	NOUN
cjfa-48232	28	6	on	on	ADP
cjfa-48232	28	7	the	the	DET
cjfa-48232	28	8	effect	effect	NOUN
cjfa-48232	28	9	of	of	ADP
cjfa-48232	28	10	gender	gender	NOUN
cjfa-48232	28	11	diverse	diverse	ADJ
cjfa-48232	28	12	leadership	leadership	NOUN
cjfa-48232	28	13	find	find	VERB
cjfa-48232	28	14	mixed	mixed	ADJ
cjfa-48232	28	15	effects	effect	NOUN
cjfa-48232	28	16	on	on	ADP
cjfa-48232	28	17	the	the	DET
cjfa-48232	28	18	firms	firm	NOUN
cjfa-48232	28	19	’	'	PUNCT
cjfa-48232	28	20	performances	performance	NOUN
cjfa-48232	28	21	.	.	PUNCT
cjfa-48232	29	1	several	several	ADJ
cjfa-48232	29	2	studies	study	NOUN
cjfa-48232	29	3	investigated	investigate	VERB
cjfa-48232	29	4	the	the	DET
cjfa-48232	29	5	impact	impact	NOUN
cjfa-48232	29	6	of	of	ADP
cjfa-48232	29	7	gender	gender	NOUN
cjfa-48232	29	8	diversity	diversity	NOUN
cjfa-48232	29	9	(	(	PUNCT
cjfa-48232	29	10	defined	define	VERB
cjfa-48232	29	11	in	in	ADP
cjfa-48232	29	12	different	different	ADJ
cjfa-48232	29	13	ways	way	NOUN
cjfa-48232	29	14	)	)	PUNCT
cjfa-48232	29	15	for	for	ADP
cjfa-48232	29	16	diverse	diverse	ADJ
cjfa-48232	29	17	time	time	NOUN
cjfa-48232	29	18	periods	period	NOUN
cjfa-48232	29	19	and	and	CCONJ
cjfa-48232	29	20	in	in	ADP
cjfa-48232	29	21	different	different	ADJ
cjfa-48232	29	22	regions	region	NOUN
cjfa-48232	29	23	.	.	PUNCT
cjfa-48232	30	1	the	the	DET
cjfa-48232	30	2	role	role	NOUN
cjfa-48232	30	3	of	of	ADP
cjfa-48232	30	4	female	female	ADJ
cjfa-48232	30	5	leadership	leadership	NOUN
cjfa-48232	30	6	in	in	ADP
cjfa-48232	30	7	times	time	NOUN
cjfa-48232	30	8	of	of	ADP
cjfa-48232	30	9	financial	financial	ADJ
cjfa-48232	30	10	crisis	crisis	NOUN
cjfa-48232	30	11	…	…	PUNCT
cjfa-48232	30	12	8181	8181	NUM
cjfa-48232	30	13	some	some	DET
cjfa-48232	30	14	research	research	NOUN
cjfa-48232	30	15	was	be	AUX
cjfa-48232	30	16	conducted	conduct	VERB
cjfa-48232	30	17	regarding	regard	VERB
cjfa-48232	30	18	the	the	DET
cjfa-48232	30	19	return	return	NOUN
cjfa-48232	30	20	or	or	CCONJ
cjfa-48232	30	21	performance	performance	NOUN
cjfa-48232	30	22	of	of	ADP
cjfa-48232	30	23	companies	company	NOUN
cjfa-48232	30	24	,	,	PUNCT
cjfa-48232	30	25	other	other	ADJ
cjfa-48232	30	26	focused	focus	VERB
cjfa-48232	30	27	on	on	ADP
cjfa-48232	30	28	the	the	DET
cjfa-48232	30	29	risk	risk	NOUN
cjfa-48232	30	30	perspective	perspective	NOUN
cjfa-48232	30	31	.	.	PUNCT
cjfa-48232	31	1	as	as	SCONJ
cjfa-48232	31	2	there	there	PRON
cjfa-48232	31	3	are	be	VERB
cjfa-48232	31	4	very	very	ADV
cjfa-48232	31	5	different	different	ADJ
cjfa-48232	31	6	outcomes	outcome	NOUN
cjfa-48232	31	7	,	,	PUNCT
cjfa-48232	31	8	in	in	ADP
cjfa-48232	31	9	the	the	DET
cjfa-48232	31	10	following	follow	VERB
cjfa-48232	31	11	tables	table	NOUN
cjfa-48232	31	12	the	the	DET
cjfa-48232	31	13	studies	study	NOUN
cjfa-48232	31	14	are	be	AUX
cjfa-48232	31	15	clustered	cluster	VERB
cjfa-48232	31	16	depending	depend	VERB
cjfa-48232	31	17	on	on	ADP
cjfa-48232	31	18	finding	find	VERB
cjfa-48232	31	19	positive	positive	ADJ
cjfa-48232	31	20	,	,	PUNCT
cjfa-48232	31	21	neutral	neutral	ADJ
cjfa-48232	31	22	,	,	PUNCT
cjfa-48232	31	23	or	or	CCONJ
cjfa-48232	31	24	negative	negative	ADJ
cjfa-48232	31	25	effects	effect	NOUN
cjfa-48232	31	26	of	of	ADP
cjfa-48232	31	27	gender	gender	NOUN
cjfa-48232	31	28	diversity	diversity	NOUN
cjfa-48232	31	29	.	.	PUNCT
cjfa-48232	32	1	in	in	ADP
cjfa-48232	32	2	the	the	DET
cjfa-48232	32	3	following	follow	VERB
cjfa-48232	32	4	table	table	NOUN
cjfa-48232	32	5	1	1	NUM
cjfa-48232	32	6	former	former	ADJ
cjfa-48232	32	7	research	research	NOUN
cjfa-48232	32	8	showing	show	VERB
cjfa-48232	32	9	a	a	DET
cjfa-48232	32	10	positive	positive	ADJ
cjfa-48232	32	11	relationship	relationship	NOUN
cjfa-48232	32	12	of	of	ADP
cjfa-48232	32	13	female	female	ADJ
cjfa-48232	32	14	influence	influence	NOUN
cjfa-48232	32	15	on	on	ADP
cjfa-48232	32	16	the	the	DET
cjfa-48232	32	17	key	key	ADJ
cjfa-48232	32	18	figures	figure	NOUN
cjfa-48232	32	19	of	of	ADP
cjfa-48232	32	20	companies	company	NOUN
cjfa-48232	32	21	are	be	AUX
cjfa-48232	32	22	summarized	summarize	VERB
cjfa-48232	32	23	.	.	PUNCT
cjfa-48232	33	1	table	table	NOUN
cjfa-48232	33	2	1	1	NUM
cjfa-48232	33	3	.	.	PUNCT
cjfa-48232	34	1	literature	literature	PROPN
cjfa-48232	34	2	review	review	PROPN
cjfa-48232	34	3	:	:	PUNCT
cjfa-48232	34	4	studies	study	NOUN
cjfa-48232	34	5	with	with	ADP
cjfa-48232	34	6	positive	positive	ADJ
cjfa-48232	34	7	effects	effect	NOUN
cjfa-48232	34	8	of	of	ADP
cjfa-48232	34	9	gender	gender	NOUN
cjfa-48232	34	10	diversity	diversity	NOUN
cjfa-48232	34	11	authors	author	NOUN
cjfa-48232	34	12	and	and	CCONJ
cjfa-48232	34	13	year	year	NOUN
cjfa-48232	34	14	of	of	ADP
cjfa-48232	34	15	study	study	NOUN
cjfa-48232	34	16	time	time	NOUN
cjfa-48232	34	17	period	period	NOUN
cjfa-48232	34	18	region	region	NOUN
cjfa-48232	34	19	impact	impact	NOUN
cjfa-48232	34	20	effect	effect	NOUN
cjfa-48232	34	21	determined	determine	VERB
cjfa-48232	34	22	sudeck	sudeck	NOUN
cjfa-48232	34	23	&	&	CCONJ
cjfa-48232	34	24	iatridis	iatridis	PROPN
cjfa-48232	34	25	(	(	PUNCT
cjfa-48232	34	26	2014	2014	NUM
cjfa-48232	34	27	)	)	PUNCT
cjfa-48232	34	28	2007–2012	2007–2012	NUM
cjfa-48232	34	29	germany	germany	PROPN
cjfa-48232	34	30	event	event	NOUN
cjfa-48232	34	31	study	study	NOUN
cjfa-48232	34	32	for	for	ADP
cjfa-48232	34	33	announcements	announcement	NOUN
cjfa-48232	34	34	regarding	regard	VERB
cjfa-48232	34	35	the	the	DET
cjfa-48232	34	36	appointment	appointment	NOUN
cjfa-48232	34	37	of	of	ADP
cjfa-48232	34	38	female	female	ADJ
cjfa-48232	34	39	board	board	NOUN
cjfa-48232	34	40	members	member	NOUN
cjfa-48232	34	41	positive	positive	ADJ
cjfa-48232	34	42	effect	effect	NOUN
cjfa-48232	34	43	on	on	ADP
cjfa-48232	34	44	stock	stock	NOUN
cjfa-48232	34	45	prices	price	NOUN
cjfa-48232	34	46	qian	qian	PROPN
cjfa-48232	34	47	(	(	PUNCT
cjfa-48232	34	48	2016	2016	NUM
cjfa-48232	34	49	)	)	PUNCT
cjfa-48232	34	50	2011–2014	2011–2014	NUM
cjfa-48232	34	51	asia	asia	PROPN
cjfa-48232	34	52	and	and	CCONJ
cjfa-48232	34	53	the	the	DET
cjfa-48232	34	54	pacific	pacific	ADJ
cjfa-48232	34	55	incorporation	incorporation	NOUN
cjfa-48232	34	56	of	of	ADP
cjfa-48232	34	57	gender	gender	NOUN
cjfa-48232	34	58	diversity	diversity	NOUN
cjfa-48232	34	59	in	in	ADP
cjfa-48232	34	60	a	a	DET
cjfa-48232	34	61	company	company	NOUN
cjfa-48232	34	62	increase	increase	NOUN
cjfa-48232	34	63	in	in	ADP
cjfa-48232	34	64	financial	financial	ADJ
cjfa-48232	34	65	performance	performance	NOUN
cjfa-48232	34	66	,	,	PUNCT
cjfa-48232	34	67	but	but	CCONJ
cjfa-48232	34	68	with	with	ADP
cjfa-48232	34	69	big	big	ADJ
cjfa-48232	34	70	crosscountry	crosscountry	PROPN
cjfa-48232	34	71	difference	difference	NOUN
cjfa-48232	34	72	rossi	rossi	ADJ
cjfa-48232	34	73	,	,	PUNCT
cjfa-48232	34	74	galasso	galasso	NOUN
cjfa-48232	34	75	,	,	PUNCT
cjfa-48232	34	76	&	&	CCONJ
cjfa-48232	34	77	capasso	capasso	PROPN
cjfa-48232	34	78	(	(	PUNCT
cjfa-48232	34	79	2017	2017	NUM
cjfa-48232	34	80	)	)	PUNCT
cjfa-48232	34	81	2016	2016	NUM
cjfa-48232	34	82	italy	italy	PROPN
cjfa-48232	34	83	women	woman	NOUN
cjfa-48232	34	84	in	in	ADP
cjfa-48232	34	85	key	key	ADJ
cjfa-48232	34	86	roles	role	NOUN
cjfa-48232	34	87	positive	positive	ADJ
cjfa-48232	34	88	influence	influence	NOUN
cjfa-48232	34	89	on	on	ADP
cjfa-48232	34	90	performance	performance	NOUN
cjfa-48232	34	91	of	of	ADP
cjfa-48232	34	92	the	the	DET
cjfa-48232	34	93	companies	company	NOUN
cjfa-48232	34	94	trinh	trinh	PROPN
cjfa-48232	34	95	,	,	PUNCT
cjfa-48232	34	96	pham	pham	PROPN
cjfa-48232	34	97	,	,	PUNCT
cjfa-48232	34	98	pham	pham	PROPN
cjfa-48232	34	99	&	&	CCONJ
cjfa-48232	34	100	nguyen	nguyen	PROPN
cjfa-48232	34	101	(	(	PUNCT
cjfa-48232	34	102	2018	2018	NUM
cjfa-48232	34	103	)	)	PUNCT
cjfa-48232	34	104	2006–2016	2006–2016	NUM
cjfa-48232	34	105	uk	uk	PROPN
cjfa-48232	34	106	female	female	ADJ
cjfa-48232	34	107	directors	director	NOUN
cjfa-48232	34	108	on	on	ADP
cjfa-48232	34	109	the	the	DET
cjfa-48232	34	110	board	board	NOUN
cjfa-48232	34	111	of	of	ADP
cjfa-48232	34	112	a	a	DET
cjfa-48232	34	113	company	company	NOUN
cjfa-48232	34	114	positive	positive	ADJ
cjfa-48232	34	115	effect	effect	NOUN
cjfa-48232	34	116	on	on	ADP
cjfa-48232	34	117	the	the	DET
cjfa-48232	34	118	market	market	NOUN
cjfa-48232	34	119	value	value	NOUN
cjfa-48232	34	120	of	of	ADP
cjfa-48232	34	121	the	the	DET
cjfa-48232	34	122	companies	company	NOUN
cjfa-48232	34	123	valls	vall	VERB
cjfa-48232	34	124	martinez	martinez	PROPN
cjfa-48232	34	125	&	&	CCONJ
cjfa-48232	34	126	cruz	cruz	PROPN
cjfa-48232	34	127	rambaud	rambaud	PROPN
cjfa-48232	34	128	(	(	PUNCT
cjfa-48232	34	129	2019	2019	NUM
cjfa-48232	34	130	)	)	PUNCT
cjfa-48232	34	131	2003–2017	2003–2017	NUM
cjfa-48232	34	132	spain	spain	PROPN
cjfa-48232	34	133	number	number	NOUN
cjfa-48232	34	134	of	of	ADP
cjfa-48232	34	135	women	woman	NOUN
cjfa-48232	34	136	on	on	ADP
cjfa-48232	34	137	board	board	NOUN
cjfa-48232	34	138	positive	positive	ADJ
cjfa-48232	34	139	influence	influence	NOUN
cjfa-48232	34	140	on	on	ADP
cjfa-48232	34	141	financial	financial	ADJ
cjfa-48232	34	142	performance	performance	NOUN
cjfa-48232	34	143	of	of	ADP
cjfa-48232	34	144	the	the	DET
cjfa-48232	34	145	firms	firm	NOUN
cjfa-48232	34	146	fernando	fernando	PROPN
cjfa-48232	34	147	,	,	PUNCT
cjfa-48232	34	148	jain	jain	PROPN
cjfa-48232	34	149	&	&	CCONJ
cjfa-48232	34	150	tripathy	tripathy	PROPN
cjfa-48232	34	151	(	(	PUNCT
cjfa-48232	34	152	2020	2020	NUM
cjfa-48232	34	153	)	)	PUNCT
cjfa-48232	34	154	1992–2015	1992–2015	NUM
cjfa-48232	34	155	,	,	PUNCT
cjfa-48232	34	156	with	with	ADP
cjfa-48232	34	157	special	special	ADJ
cjfa-48232	34	158	view	view	NOUN
cjfa-48232	34	159	at	at	ADP
cjfa-48232	34	160	the	the	DET
cjfa-48232	34	161	financial	financial	ADJ
cjfa-48232	34	162	crisis	crisis	NOUN
cjfa-48232	34	163	2007	2007	NUM
cjfa-48232	34	164	2009	2009	NUM
cjfa-48232	34	165	us	we	PRON
cjfa-48232	34	166	women	woman	NOUN
cjfa-48232	34	167	in	in	ADP
cjfa-48232	34	168	top	top	ADJ
cjfa-48232	34	169	management	management	NOUN
cjfa-48232	34	170	teams	team	NOUN
cjfa-48232	34	171	positive	positive	ADJ
cjfa-48232	34	172	effect	effect	NOUN
cjfa-48232	34	173	on	on	ADP
cjfa-48232	34	174	performance	performance	NOUN
cjfa-48232	34	175	,	,	PUNCT
cjfa-48232	34	176	which	which	PRON
cjfa-48232	34	177	is	be	AUX
cjfa-48232	34	178	even	even	ADV
cjfa-48232	34	179	stronger	strong	ADJ
cjfa-48232	34	180	in	in	ADP
cjfa-48232	34	181	times	time	NOUN
cjfa-48232	34	182	of	of	ADP
cjfa-48232	34	183	crisis	crisis	NOUN
cjfa-48232	34	184	magnanelli	magnanelli	PROPN
cjfa-48232	34	185	,	,	PUNCT
cjfa-48232	34	186	nasta	nasta	PROPN
cjfa-48232	34	187	&	&	CCONJ
cjfa-48232	34	188	raoli	raoli	PROPN
cjfa-48232	34	189	(	(	PUNCT
cjfa-48232	34	190	2020	2020	NUM
cjfa-48232	34	191	)	)	PUNCT
cjfa-48232	34	192	2011–2016	2011–2016	NUM
cjfa-48232	34	193	italy	italy	PROPN
cjfa-48232	34	194	women	woman	NOUN
cjfa-48232	34	195	on	on	ADP
cjfa-48232	34	196	the	the	DET
cjfa-48232	34	197	corporate	corporate	ADJ
cjfa-48232	34	198	board	board	NOUN
cjfa-48232	34	199	positive	positive	ADJ
cjfa-48232	34	200	effect	effect	NOUN
cjfa-48232	34	201	on	on	ADP
cjfa-48232	34	202	performance	performance	NOUN
cjfa-48232	34	203	of	of	ADP
cjfa-48232	34	204	the	the	DET
cjfa-48232	34	205	firms	firm	NOUN
cjfa-48232	34	206	yang	yang	PROPN
cjfa-48232	34	207	,	,	PUNCT
cjfa-48232	34	208	riepe	riepe	NOUN
cjfa-48232	34	209	,	,	PUNCT
cjfa-48232	34	210	pull	pull	NOUN
cjfa-48232	34	211	&	&	CCONJ
cjfa-48232	34	212	terjesen	terjesen	PROPN
cjfa-48232	34	213	(	(	PUNCT
cjfa-48232	34	214	2019	2019	NUM
cjfa-48232	34	215	)	)	PUNCT
cjfa-48232	34	216	2002–2008	2002–2008	NUM
cjfa-48232	34	217	norway	norway	NOUN
cjfa-48232	34	218	number	number	NOUN
cjfa-48232	34	219	of	of	ADP
cjfa-48232	34	220	women	woman	NOUN
cjfa-48232	34	221	on	on	ADP
cjfa-48232	34	222	the	the	DET
cjfa-48232	34	223	board	board	NOUN
cjfa-48232	34	224	decrease	decrease	NOUN
cjfa-48232	34	225	in	in	ADP
cjfa-48232	34	226	risk	risk	NOUN
cjfa-48232	34	227	of	of	ADP
cjfa-48232	34	228	the	the	DET
cjfa-48232	34	229	firms	firm	NOUN
cjfa-48232	34	230	papangkorn	papangkorn	VERB
cjfa-48232	34	231	,	,	PUNCT
cjfa-48232	34	232	chatjuthamard	chatjuthamard	NOUN
cjfa-48232	34	233	,	,	PUNCT
cjfa-48232	34	234	jiraporn	jiraporn	PROPN
cjfa-48232	34	235	&	&	CCONJ
cjfa-48232	34	236	chueykamhang	chueykamhang	PROPN
cjfa-48232	34	237	(	(	PUNCT
cjfa-48232	34	238	2019	2019	NUM
cjfa-48232	34	239	)	)	PUNCT
cjfa-48232	34	240	before	before	ADP
cjfa-48232	34	241	and	and	CCONJ
cjfa-48232	34	242	during	during	ADP
cjfa-48232	34	243	the	the	DET
cjfa-48232	34	244	great	great	ADJ
cjfa-48232	34	245	recession	recession	NOUN
cjfa-48232	34	246	2008	2008	NUM
cjfa-48232	35	1	us	us	PROPN
cjfa-48232	35	2	number	number	NOUN
cjfa-48232	35	3	of	of	ADP
cjfa-48232	35	4	female	female	ADJ
cjfa-48232	35	5	directors	director	NOUN
cjfa-48232	35	6	positive	positive	ADJ
cjfa-48232	35	7	effect	effect	NOUN
cjfa-48232	35	8	during	during	ADP
cjfa-48232	35	9	the	the	DET
cjfa-48232	35	10	crisis	crisis	NOUN
cjfa-48232	35	11	on	on	ADP
cjfa-48232	35	12	accounting	accounting	NOUN
cjfa-48232	35	13	performance	performance	NOUN
cjfa-48232	35	14	mohsni	mohsni	NOUN
cjfa-48232	35	15	,	,	PUNCT
cjfa-48232	35	16	otchere	otchere	ADV
cjfa-48232	35	17	&	&	CCONJ
cjfa-48232	35	18	shahriar	shahriar	ADJ
cjfa-48232	35	19	(	(	PUNCT
cjfa-48232	35	20	2021	2021	NUM
cjfa-48232	35	21	)	)	PUNCT
cjfa-48232	35	22	2005–2016	2005–2016	NUM
cjfa-48232	35	23	27	27	NUM
cjfa-48232	35	24	developing	develop	VERB
cjfa-48232	35	25	countries	country	NOUN
cjfa-48232	35	26	board	board	VERB
cjfa-48232	35	27	gender	gender	NOUN
cjfa-48232	35	28	diversity	diversity	NOUN
cjfa-48232	35	29	positive	positive	ADJ
cjfa-48232	35	30	effect	effect	NOUN
cjfa-48232	35	31	on	on	ADP
cjfa-48232	35	32	the	the	DET
cjfa-48232	35	33	performance	performance	NOUN
cjfa-48232	35	34	of	of	ADP
cjfa-48232	35	35	the	the	DET
cjfa-48232	35	36	firms	firm	NOUN
cjfa-48232	35	37	tanja	tanja	PROPN
cjfa-48232	35	38	sinha8282	sinha8282	PROPN
cjfa-48232	35	39	authors	author	NOUN
cjfa-48232	35	40	and	and	CCONJ
cjfa-48232	35	41	year	year	NOUN
cjfa-48232	35	42	of	of	ADP
cjfa-48232	35	43	study	study	NOUN
cjfa-48232	35	44	time	time	NOUN
cjfa-48232	35	45	period	period	NOUN
cjfa-48232	35	46	region	region	NOUN
cjfa-48232	35	47	impact	impact	NOUN
cjfa-48232	35	48	effect	effect	NOUN
cjfa-48232	35	49	determined	determine	VERB
cjfa-48232	35	50	valls	vall	VERB
cjfa-48232	35	51	martinez	martinez	PROPN
cjfa-48232	35	52	&	&	CCONJ
cjfa-48232	35	53	soriano	soriano	PROPN
cjfa-48232	35	54	román	román	PROPN
cjfa-48232	35	55	(	(	PUNCT
cjfa-48232	35	56	2022	2022	NUM
cjfa-48232	35	57	)	)	PUNCT
cjfa-48232	35	58	2015–2019	2015–2019	NUM
cjfa-48232	35	59	us	us	PROPN
cjfa-48232	35	60	number	number	NOUN
cjfa-48232	35	61	of	of	ADP
cjfa-48232	35	62	women	woman	NOUN
cjfa-48232	35	63	on	on	ADP
cjfa-48232	35	64	the	the	DET
cjfa-48232	35	65	board	board	NOUN
cjfa-48232	35	66	positive	positive	ADJ
cjfa-48232	35	67	effect	effect	NOUN
cjfa-48232	35	68	on	on	ADP
cjfa-48232	35	69	the	the	DET
cjfa-48232	35	70	risk	risk	NOUN
cjfa-48232	35	71	(	(	PUNCT
cjfa-48232	35	72	in	in	ADP
cjfa-48232	35	73	terms	term	NOUN
cjfa-48232	35	74	of	of	ADP
cjfa-48232	35	75	stock	stock	NOUN
cjfa-48232	35	76	beta	beta	NOUN
cjfa-48232	35	77	)	)	PUNCT
cjfa-48232	35	78	achour	achour	NOUN
cjfa-48232	35	79	(	(	PUNCT
cjfa-48232	35	80	2022	2022	NUM
cjfa-48232	35	81	)	)	PUNCT
cjfa-48232	35	82	2011–2018	2011–2018	NUM
cjfa-48232	35	83	france	france	PROPN
cjfa-48232	35	84	number	number	NOUN
cjfa-48232	35	85	of	of	ADP
cjfa-48232	35	86	women	woman	NOUN
cjfa-48232	35	87	on	on	ADP
cjfa-48232	35	88	the	the	DET
cjfa-48232	35	89	board	board	NOUN
cjfa-48232	35	90	decrease	decrease	NOUN
cjfa-48232	35	91	in	in	ADP
cjfa-48232	35	92	risk	risk	NOUN
cjfa-48232	35	93	(	(	PUNCT
cjfa-48232	35	94	in	in	ADP
cjfa-48232	35	95	terms	term	NOUN
cjfa-48232	35	96	of	of	ADP
cjfa-48232	35	97	volatility	volatility	NOUN
cjfa-48232	35	98	of	of	ADP
cjfa-48232	35	99	stock	stock	NOUN
cjfa-48232	35	100	returns	return	NOUN
cjfa-48232	35	101	)	)	PUNCT
cjfa-48232	35	102	s	s	PART
cjfa-48232	35	103	o	o	NOUN
cjfa-48232	35	104	u	u	NOUN
cjfa-48232	35	105	r	r	NOUN
cjfa-48232	35	106	c	c	NOUN
cjfa-48232	35	107	e	e	NOUN
cjfa-48232	35	108	:	:	PUNCT
cjfa-48232	35	109	own	own	ADJ
cjfa-48232	35	110	illustration	illustration	NOUN
cjfa-48232	35	111	based	base	VERB
cjfa-48232	35	112	on	on	ADP
cjfa-48232	35	113	the	the	DET
cjfa-48232	35	114	studies	study	NOUN
cjfa-48232	35	115	cited	cite	VERB
cjfa-48232	35	116	in	in	ADP
cjfa-48232	35	117	the	the	DET
cjfa-48232	35	118	first	first	ADJ
cjfa-48232	35	119	column	column	NOUN
cjfa-48232	35	120	.	.	PUNCT
cjfa-48232	36	1	however	however	ADV
cjfa-48232	36	2	,	,	PUNCT
cjfa-48232	36	3	not	not	PART
cjfa-48232	36	4	all	all	DET
cjfa-48232	36	5	former	former	ADJ
cjfa-48232	36	6	studies	study	NOUN
cjfa-48232	36	7	find	find	VERB
cjfa-48232	36	8	a	a	DET
cjfa-48232	36	9	positive	positive	ADJ
cjfa-48232	36	10	relationship	relationship	NOUN
cjfa-48232	36	11	between	between	ADP
cjfa-48232	36	12	female	female	ADJ
cjfa-48232	36	13	influence	influence	NOUN
cjfa-48232	36	14	and	and	CCONJ
cjfa-48232	36	15	the	the	DET
cjfa-48232	36	16	key	key	ADJ
cjfa-48232	36	17	figures	figure	NOUN
cjfa-48232	36	18	of	of	ADP
cjfa-48232	36	19	companies	company	NOUN
cjfa-48232	36	20	.	.	PUNCT
cjfa-48232	37	1	therefore	therefore	ADV
cjfa-48232	37	2	,	,	PUNCT
cjfa-48232	37	3	in	in	ADP
cjfa-48232	37	4	the	the	DET
cjfa-48232	37	5	following	follow	VERB
cjfa-48232	37	6	table	table	NOUN
cjfa-48232	37	7	2	2	NUM
cjfa-48232	37	8	the	the	DET
cjfa-48232	37	9	former	former	ADJ
cjfa-48232	37	10	research	research	NOUN
cjfa-48232	37	11	is	be	AUX
cjfa-48232	37	12	summarized	summarize	VERB
cjfa-48232	37	13	which	which	PRON
cjfa-48232	37	14	could	could	AUX
cjfa-48232	37	15	neither	neither	CCONJ
cjfa-48232	37	16	show	show	VERB
cjfa-48232	37	17	a	a	DET
cjfa-48232	37	18	significant	significant	ADJ
cjfa-48232	37	19	positive	positive	ADJ
cjfa-48232	37	20	nor	nor	CCONJ
cjfa-48232	37	21	a	a	DET
cjfa-48232	37	22	significant	significant	ADJ
cjfa-48232	37	23	negative	negative	ADJ
cjfa-48232	37	24	impact	impact	NOUN
cjfa-48232	37	25	on	on	ADP
cjfa-48232	37	26	the	the	DET
cjfa-48232	37	27	companies	company	NOUN
cjfa-48232	37	28	.	.	PUNCT
cjfa-48232	38	1	table	table	NOUN
cjfa-48232	38	2	2	2	NUM
cjfa-48232	38	3	.	.	X
cjfa-48232	38	4	literature	literature	PROPN
cjfa-48232	38	5	review	review	PROPN
cjfa-48232	38	6	:	:	PUNCT
cjfa-48232	38	7	studies	study	NOUN
cjfa-48232	38	8	with	with	ADP
cjfa-48232	38	9	no	no	DET
cjfa-48232	38	10	effects	effect	NOUN
cjfa-48232	38	11	of	of	ADP
cjfa-48232	38	12	gender	gender	NOUN
cjfa-48232	38	13	diversity	diversity	NOUN
cjfa-48232	38	14	authors	author	NOUN
cjfa-48232	38	15	and	and	CCONJ
cjfa-48232	38	16	year	year	NOUN
cjfa-48232	38	17	of	of	ADP
cjfa-48232	38	18	study	study	NOUN
cjfa-48232	38	19	time	time	NOUN
cjfa-48232	38	20	period	period	NOUN
cjfa-48232	38	21	region	region	NOUN
cjfa-48232	38	22	impact	impact	NOUN
cjfa-48232	38	23	effect	effect	NOUN
cjfa-48232	38	24	determined	determine	VERB
cjfa-48232	38	25	galluci	galluci	ADJ
cjfa-48232	38	26	,	,	PUNCT
cjfa-48232	38	27	d’amato	d’amato	NOUN
cjfa-48232	38	28	&	&	CCONJ
cjfa-48232	38	29	santulli	santulli	PROPN
cjfa-48232	38	30	(	(	PUNCT
cjfa-48232	38	31	2019	2019	NUM
cjfa-48232	38	32	)	)	PUNCT
cjfa-48232	38	33	2008–1012	2008–1012	NUM
cjfa-48232	38	34	italy	italy	PROPN
cjfa-48232	38	35	women	woman	NOUN
cjfa-48232	38	36	on	on	ADP
cjfa-48232	38	37	the	the	DET
cjfa-48232	38	38	board	board	NOUN
cjfa-48232	38	39	no	no	DET
cjfa-48232	38	40	significant	significant	ADJ
cjfa-48232	38	41	effect	effect	NOUN
cjfa-48232	38	42	on	on	ADP
cjfa-48232	38	43	performance	performance	NOUN
cjfa-48232	38	44	of	of	ADP
cjfa-48232	38	45	the	the	DET
cjfa-48232	38	46	firms	firm	NOUN
cjfa-48232	38	47	suhermana	suhermana	PROPN
cjfa-48232	38	48	,	,	PUNCT
cjfa-48232	38	49	ramadhania	ramadhania	NOUN
cjfa-48232	38	50	,	,	PUNCT
cjfa-48232	38	51	nazir	nazir	PROPN
cjfa-48232	38	52	,	,	PUNCT
cjfa-48232	38	53	zakariad	zakariad	PROPN
cjfa-48232	38	54	&	&	CCONJ
cjfa-48232	38	55	witiastutie	witiastutie	PROPN
cjfa-48232	38	56	(	(	PUNCT
cjfa-48232	38	57	2021	2021	NUM
cjfa-48232	38	58	)	)	PUNCT
cjfa-48232	38	59	2013–1017	2013–1017	NUM
cjfa-48232	38	60	indonesia	indonesia	PROPN
cjfa-48232	38	61	gender	gender	NOUN
cjfa-48232	38	62	diversity	diversity	NOUN
cjfa-48232	38	63	no	no	DET
cjfa-48232	38	64	effect	effect	NOUN
cjfa-48232	38	65	on	on	ADP
cjfa-48232	38	66	firm	firm	ADJ
cjfa-48232	38	67	performance	performance	NOUN
cjfa-48232	38	68	,	,	PUNCT
cjfa-48232	38	69	but	but	CCONJ
cjfa-48232	38	70	female	female	ADJ
cjfa-48232	38	71	ceos	ceo	NOUN
cjfa-48232	38	72	have	have	VERB
cjfa-48232	38	73	significant	significant	ADJ
cjfa-48232	38	74	effect	effect	NOUN
cjfa-48232	38	75	on	on	ADP
cjfa-48232	38	76	the	the	DET
cjfa-48232	38	77	return	return	NOUN
cjfa-48232	38	78	on	on	ADP
cjfa-48232	38	79	assets	asset	NOUN
cjfa-48232	38	80	yu	yu	PROPN
cjfa-48232	38	81	and	and	CCONJ
cjfa-48232	38	82	madison	madison	PROPN
cjfa-48232	38	83	(	(	PUNCT
cjfa-48232	38	84	2021	2021	NUM
cjfa-48232	38	85	)	)	PUNCT
cjfa-48232	38	86	2012–2020	2012–2020	NUM
cjfa-48232	38	87	meta	meta	ADJ
cjfa-48232	38	88	-	-	PUNCT
cjfa-48232	38	89	analysis	analysis	NOUN
cjfa-48232	38	90	gender	gender	NOUN
cjfa-48232	38	91	diversity	diversity	NOUN
cjfa-48232	38	92	in	in	ADP
cjfa-48232	38	93	the	the	DET
cjfa-48232	38	94	board	board	NOUN
cjfa-48232	38	95	mixed	mix	VERB
cjfa-48232	38	96	results	result	NOUN
cjfa-48232	38	97	on	on	ADP
cjfa-48232	38	98	the	the	DET
cjfa-48232	38	99	financial	financial	ADJ
cjfa-48232	38	100	performance	performance	NOUN
cjfa-48232	38	101	of	of	ADP
cjfa-48232	38	102	the	the	DET
cjfa-48232	38	103	companies	company	NOUN
cjfa-48232	38	104	loy	loy	PROPN
cjfa-48232	38	105	&	&	CCONJ
cjfa-48232	38	106	rupertus	rupertus	PROPN
cjfa-48232	38	107	(	(	PUNCT
cjfa-48232	38	108	2022	2022	NUM
cjfa-48232	38	109	)	)	PUNCT
cjfa-48232	38	110	2008–2014	2008–2014	NUM
cjfa-48232	38	111	13	13	NUM
cjfa-48232	38	112	different	different	ADJ
cjfa-48232	38	113	countries	country	NOUN
cjfa-48232	38	114	number	number	NOUN
cjfa-48232	38	115	of	of	ADP
cjfa-48232	38	116	female	female	ADJ
cjfa-48232	38	117	board	board	NOUN
cjfa-48232	38	118	members	member	NOUN
cjfa-48232	38	119	no	no	DET
cjfa-48232	38	120	effect	effect	NOUN
cjfa-48232	38	121	on	on	ADP
cjfa-48232	38	122	long	long	ADJ
cjfa-48232	38	123	-	-	PUNCT
cjfa-48232	38	124	term	term	NOUN
cjfa-48232	38	125	stock	stock	NOUN
cjfa-48232	38	126	performance	performance	NOUN
cjfa-48232	38	127	of	of	ADP
cjfa-48232	38	128	firms	firm	NOUN
cjfa-48232	38	129	sila	sila	PROPN
cjfa-48232	38	130	,	,	PUNCT
cjfa-48232	38	131	gonzalez	gonzalez	PROPN
cjfa-48232	38	132	&	&	CCONJ
cjfa-48232	38	133	hagendorff	hagendorff	PROPN
cjfa-48232	38	134	(	(	PUNCT
cjfa-48232	38	135	2016	2016	NUM
cjfa-48232	38	136	)	)	PUNCT
cjfa-48232	38	137	1996–2010	1996–2010	NUM
cjfa-48232	38	138	us	us	PROPN
cjfa-48232	38	139	gender	gender	NOUN
cjfa-48232	38	140	diversity	diversity	NOUN
cjfa-48232	38	141	on	on	ADP
cjfa-48232	38	142	the	the	DET
cjfa-48232	38	143	boards	board	NOUN
cjfa-48232	38	144	no	no	DET
cjfa-48232	38	145	significant	significant	ADJ
cjfa-48232	38	146	effect	effect	NOUN
cjfa-48232	38	147	on	on	ADP
cjfa-48232	38	148	equity	equity	NOUN
cjfa-48232	38	149	risk	risk	NOUN
cjfa-48232	38	150	bruna	bruna	PROPN
cjfa-48232	38	151	,	,	PUNCT
cjfa-48232	38	152	dang	dang	PROPN
cjfa-48232	38	153	,	,	PUNCT
cjfa-48232	38	154	scotto	scotto	PROPN
cjfa-48232	38	155	&	&	CCONJ
cjfa-48232	38	156	ammari	ammari	PROPN
cjfa-48232	38	157	(	(	PUNCT
cjfa-48232	38	158	2019	2019	NUM
cjfa-48232	38	159	)	)	PUNCT
cjfa-48232	38	160	2006–2010	2006–2010	NUM
cjfa-48232	38	161	france	france	PROPN
cjfa-48232	38	162	female	female	ADJ
cjfa-48232	38	163	members	member	NOUN
cjfa-48232	38	164	on	on	ADP
cjfa-48232	38	165	the	the	DET
cjfa-48232	38	166	board	board	NOUN
cjfa-48232	38	167	no	no	DET
cjfa-48232	38	168	significant	significant	ADJ
cjfa-48232	38	169	effect	effect	NOUN
cjfa-48232	38	170	on	on	ADP
cjfa-48232	38	171	the	the	DET
cjfa-48232	38	172	risk	risk	NOUN
cjfa-48232	38	173	-	-	PUNCT
cjfa-48232	38	174	taking	take	VERB
cjfa-48232	38	175	activities	activity	NOUN
cjfa-48232	38	176	of	of	ADP
cjfa-48232	38	177	the	the	DET
cjfa-48232	38	178	firms	firm	NOUN
cjfa-48232	38	179	valls	vall	VERB
cjfa-48232	38	180	martinez	martinez	PROPN
cjfa-48232	38	181	&	&	CCONJ
cjfa-48232	38	182	soriano	soriano	PROPN
cjfa-48232	38	183	román	román	PROPN
cjfa-48232	38	184	(	(	PUNCT
cjfa-48232	38	185	2022	2022	NUM
cjfa-48232	38	186	)	)	PUNCT
cjfa-48232	38	187	2015–2019	2015–2019	NUM
cjfa-48232	38	188	europe	europe	PROPN
cjfa-48232	38	189	number	number	NOUN
cjfa-48232	38	190	of	of	ADP
cjfa-48232	38	191	women	woman	NOUN
cjfa-48232	38	192	on	on	ADP
cjfa-48232	38	193	the	the	DET
cjfa-48232	38	194	board	board	NOUN
cjfa-48232	38	195	no	no	DET
cjfa-48232	38	196	effect	effect	NOUN
cjfa-48232	38	197	on	on	ADP
cjfa-48232	38	198	risk	risk	NOUN
cjfa-48232	38	199	(	(	PUNCT
cjfa-48232	38	200	in	in	ADP
cjfa-48232	38	201	terms	term	NOUN
cjfa-48232	38	202	of	of	ADP
cjfa-48232	38	203	stock	stock	NOUN
cjfa-48232	38	204	beta	beta	NOUN
cjfa-48232	38	205	)	)	PUNCT
cjfa-48232	38	206	s	s	PART
cjfa-48232	38	207	o	o	NOUN
cjfa-48232	38	208	u	u	NOUN
cjfa-48232	38	209	r	r	NOUN
cjfa-48232	38	210	c	c	NOUN
cjfa-48232	38	211	e	e	NOUN
cjfa-48232	38	212	:	:	PUNCT
cjfa-48232	38	213	own	own	ADJ
cjfa-48232	38	214	illustration	illustration	NOUN
cjfa-48232	38	215	based	base	VERB
cjfa-48232	38	216	on	on	ADP
cjfa-48232	38	217	the	the	DET
cjfa-48232	38	218	studies	study	NOUN
cjfa-48232	38	219	cited	cite	VERB
cjfa-48232	38	220	in	in	ADP
cjfa-48232	38	221	the	the	DET
cjfa-48232	38	222	first	first	ADJ
cjfa-48232	38	223	column	column	NOUN
cjfa-48232	38	224	.	.	PUNCT
cjfa-48232	39	1	table	table	NOUN
cjfa-48232	39	2	1	1	NUM
cjfa-48232	39	3	.	.	X
cjfa-48232	40	1	literature	literature	NOUN
cjfa-48232	40	2	…	…	PUNCT
cjfa-48232	40	3	the	the	DET
cjfa-48232	40	4	role	role	NOUN
cjfa-48232	40	5	of	of	ADP
cjfa-48232	40	6	female	female	ADJ
cjfa-48232	40	7	leadership	leadership	NOUN
cjfa-48232	40	8	in	in	ADP
cjfa-48232	40	9	times	time	NOUN
cjfa-48232	40	10	of	of	ADP
cjfa-48232	40	11	financial	financial	ADJ
cjfa-48232	40	12	crisis	crisis	NOUN
cjfa-48232	40	13	…	…	PUNCT
cjfa-48232	40	14	8383	8383	NUM
cjfa-48232	40	15	the	the	DET
cjfa-48232	40	16	reasons	reason	NOUN
cjfa-48232	40	17	for	for	ADP
cjfa-48232	40	18	not	not	PART
cjfa-48232	40	19	finding	find	VERB
cjfa-48232	40	20	any	any	DET
cjfa-48232	40	21	significant	significant	ADJ
cjfa-48232	40	22	effect	effect	NOUN
cjfa-48232	40	23	may	may	AUX
cjfa-48232	40	24	be	be	AUX
cjfa-48232	40	25	diverse	diverse	ADJ
cjfa-48232	40	26	.	.	PUNCT
cjfa-48232	41	1	for	for	ADP
cjfa-48232	41	2	example	example	NOUN
cjfa-48232	41	3	,	,	PUNCT
cjfa-48232	41	4	suherman	suherman	PROPN
cjfa-48232	41	5	et	et	PROPN
cjfa-48232	41	6	al	al	PROPN
cjfa-48232	41	7	.	.	PROPN
cjfa-48232	42	1	(	(	PUNCT
cjfa-48232	42	2	2021	2021	NUM
cjfa-48232	42	3	)	)	PUNCT
cjfa-48232	42	4	state	state	NOUN
cjfa-48232	42	5	that	that	SCONJ
cjfa-48232	42	6	most	most	ADJ
cjfa-48232	42	7	of	of	ADP
cjfa-48232	42	8	the	the	DET
cjfa-48232	42	9	indonesian	indonesian	ADJ
cjfa-48232	42	10	public	public	ADJ
cjfa-48232	42	11	companies	company	NOUN
cjfa-48232	42	12	investigated	investigate	VERB
cjfa-48232	42	13	in	in	ADP
cjfa-48232	42	14	their	their	PRON
cjfa-48232	42	15	analysis	analysis	NOUN
cjfa-48232	42	16	are	be	AUX
cjfa-48232	42	17	controlled	control	VERB
cjfa-48232	42	18	by	by	ADP
cjfa-48232	42	19	families	family	NOUN
cjfa-48232	42	20	and	and	CCONJ
cjfa-48232	42	21	therefore	therefore	ADV
cjfa-48232	42	22	probably	probably	ADV
cjfa-48232	42	23	the	the	DET
cjfa-48232	42	24	female	female	ADJ
cjfa-48232	42	25	directors	director	NOUN
cjfa-48232	42	26	are	be	AUX
cjfa-48232	42	27	not	not	PART
cjfa-48232	42	28	chosen	choose	VERB
cjfa-48232	42	29	because	because	SCONJ
cjfa-48232	42	30	of	of	ADP
cjfa-48232	42	31	their	their	PRON
cjfa-48232	42	32	knowledge	knowledge	NOUN
cjfa-48232	42	33	and	and	CCONJ
cjfa-48232	42	34	expertise	expertise	NOUN
cjfa-48232	42	35	but	but	CCONJ
cjfa-48232	42	36	rather	rather	ADV
cjfa-48232	42	37	based	base	VERB
cjfa-48232	42	38	on	on	ADP
cjfa-48232	42	39	their	their	PRON
cjfa-48232	42	40	family	family	NOUN
cjfa-48232	42	41	relationship	relationship	NOUN
cjfa-48232	42	42	with	with	ADP
cjfa-48232	42	43	shareholders	shareholder	NOUN
cjfa-48232	42	44	.	.	PUNCT
cjfa-48232	43	1	finally	finally	ADV
cjfa-48232	43	2	,	,	PUNCT
cjfa-48232	43	3	there	there	PRON
cjfa-48232	43	4	are	be	VERB
cjfa-48232	43	5	also	also	ADV
cjfa-48232	43	6	studies	study	NOUN
cjfa-48232	43	7	which	which	PRON
cjfa-48232	43	8	figured	figure	VERB
cjfa-48232	43	9	out	out	ADP
cjfa-48232	43	10	a	a	DET
cjfa-48232	43	11	negative	negative	ADJ
cjfa-48232	43	12	relationship	relationship	NOUN
cjfa-48232	43	13	of	of	ADP
cjfa-48232	43	14	women	woman	NOUN
cjfa-48232	43	15	and	and	CCONJ
cjfa-48232	43	16	the	the	DET
cjfa-48232	43	17	key	key	ADJ
cjfa-48232	43	18	figures	figure	NOUN
cjfa-48232	43	19	of	of	ADP
cjfa-48232	43	20	the	the	DET
cjfa-48232	43	21	companies	company	NOUN
cjfa-48232	43	22	.	.	PUNCT
cjfa-48232	44	1	these	these	PRON
cjfa-48232	44	2	are	be	AUX
cjfa-48232	44	3	summarized	summarize	VERB
cjfa-48232	44	4	in	in	ADP
cjfa-48232	44	5	the	the	DET
cjfa-48232	44	6	following	follow	VERB
cjfa-48232	44	7	table	table	NOUN
cjfa-48232	44	8	3	3	NUM
cjfa-48232	44	9	.	.	PUNCT
cjfa-48232	44	10	table	table	NOUN
cjfa-48232	44	11	3	3	NUM
cjfa-48232	44	12	.	.	PUNCT
cjfa-48232	44	13	literature	literature	PROPN
cjfa-48232	44	14	review	review	PROPN
cjfa-48232	44	15	:	:	PUNCT
cjfa-48232	44	16	studies	study	NOUN
cjfa-48232	44	17	with	with	ADP
cjfa-48232	44	18	negative	negative	ADJ
cjfa-48232	44	19	effects	effect	NOUN
cjfa-48232	44	20	of	of	ADP
cjfa-48232	44	21	gender	gender	NOUN
cjfa-48232	44	22	diversity	diversity	NOUN
cjfa-48232	44	23	authors	author	NOUN
cjfa-48232	44	24	and	and	CCONJ
cjfa-48232	44	25	year	year	NOUN
cjfa-48232	44	26	of	of	ADP
cjfa-48232	44	27	study	study	NOUN
cjfa-48232	44	28	time	time	NOUN
cjfa-48232	44	29	period	period	NOUN
cjfa-48232	44	30	region	region	NOUN
cjfa-48232	44	31	impact	impact	NOUN
cjfa-48232	44	32	effect	effect	NOUN
cjfa-48232	44	33	determined	determine	VERB
cjfa-48232	44	34	adams	adams	PROPN
cjfa-48232	44	35	&	&	CCONJ
cjfa-48232	44	36	ferreira	ferreira	PROPN
cjfa-48232	44	37	(	(	PUNCT
cjfa-48232	44	38	2009	2009	NUM
cjfa-48232	44	39	)	)	PUNCT
cjfa-48232	44	40	1996–2003	1996–2003	NUM
cjfa-48232	44	41	us	us	PROPN
cjfa-48232	44	42	board	board	NOUN
cjfa-48232	44	43	gender	gender	NOUN
cjfa-48232	44	44	diversity	diversity	NOUN
cjfa-48232	44	45	negative	negative	ADJ
cjfa-48232	44	46	effect	effect	NOUN
cjfa-48232	44	47	on	on	ADP
cjfa-48232	44	48	firm	firm	ADJ
cjfa-48232	44	49	performance	performance	NOUN
cjfa-48232	44	50	yang	yang	PROPN
cjfa-48232	44	51	,	,	PUNCT
cjfa-48232	44	52	riepe	riepe	NOUN
cjfa-48232	44	53	,	,	PUNCT
cjfa-48232	44	54	pull	pull	NOUN
cjfa-48232	44	55	&	&	CCONJ
cjfa-48232	44	56	terjesen	terjesen	PROPN
cjfa-48232	44	57	(	(	PUNCT
cjfa-48232	44	58	2019	2019	NUM
cjfa-48232	44	59	)	)	PUNCT
cjfa-48232	44	60	2002–2008	2002–2008	NUM
cjfa-48232	44	61	norway	norway	NOUN
cjfa-48232	44	62	number	number	NOUN
cjfa-48232	44	63	of	of	ADP
cjfa-48232	44	64	women	woman	NOUN
cjfa-48232	44	65	on	on	ADP
cjfa-48232	44	66	the	the	DET
cjfa-48232	44	67	board	board	NOUN
cjfa-48232	44	68	adverse	adverse	ADJ
cjfa-48232	44	69	effect	effect	NOUN
cjfa-48232	44	70	on	on	ADP
cjfa-48232	44	71	financial	financial	ADJ
cjfa-48232	44	72	performance	performance	NOUN
cjfa-48232	44	73	papangkorn	papangkorn	VERB
cjfa-48232	44	74	,	,	PUNCT
cjfa-48232	44	75	chatjuthamard	chatjuthamard	NOUN
cjfa-48232	44	76	,	,	PUNCT
cjfa-48232	44	77	jiraporn	jiraporn	PROPN
cjfa-48232	44	78	&	&	CCONJ
cjfa-48232	44	79	chueykamhang	chueykamhang	PROPN
cjfa-48232	44	80	(	(	PUNCT
cjfa-48232	44	81	2019	2019	NUM
cjfa-48232	44	82	)	)	PUNCT
cjfa-48232	44	83	before	before	ADP
cjfa-48232	44	84	and	and	CCONJ
cjfa-48232	44	85	during	during	ADP
cjfa-48232	44	86	the	the	DET
cjfa-48232	44	87	great	great	ADJ
cjfa-48232	44	88	recession	recession	NOUN
cjfa-48232	44	89	2008	2008	NUM
cjfa-48232	44	90	us	us	PROPN
cjfa-48232	44	91	number	number	NOUN
cjfa-48232	44	92	of	of	ADP
cjfa-48232	44	93	female	female	ADJ
cjfa-48232	44	94	directors	director	NOUN
cjfa-48232	44	95	negative	negative	ADJ
cjfa-48232	44	96	effect	effect	NOUN
cjfa-48232	44	97	on	on	ADP
cjfa-48232	44	98	performance	performance	NOUN
cjfa-48232	44	99	in	in	ADP
cjfa-48232	44	100	normal	normal	ADJ
cjfa-48232	44	101	times	time	NOUN
cjfa-48232	44	102	mohsni	mohsni	NOUN
cjfa-48232	44	103	,	,	PUNCT
cjfa-48232	44	104	otchere	otchere	ADV
cjfa-48232	44	105	&	&	CCONJ
cjfa-48232	44	106	shahriar	shahriar	ADJ
cjfa-48232	44	107	(	(	PUNCT
cjfa-48232	44	108	2021	2021	NUM
cjfa-48232	44	109	)	)	PUNCT
cjfa-48232	44	110	2005–2016	2005–2016	NUM
cjfa-48232	44	111	27	27	NUM
cjfa-48232	44	112	developing	develop	VERB
cjfa-48232	44	113	countries	country	NOUN
cjfa-48232	44	114	board	board	VERB
cjfa-48232	44	115	gender	gender	NOUN
cjfa-48232	44	116	diversity	diversity	NOUN
cjfa-48232	44	117	negative	negative	ADJ
cjfa-48232	44	118	effect	effect	NOUN
cjfa-48232	44	119	on	on	ADP
cjfa-48232	44	120	the	the	DET
cjfa-48232	44	121	risk	risk	NOUN
cjfa-48232	44	122	s	s	PART
cjfa-48232	44	123	o	o	NOUN
cjfa-48232	44	124	u	u	NOUN
cjfa-48232	44	125	r	r	NOUN
cjfa-48232	44	126	c	c	NOUN
cjfa-48232	44	127	e	e	NOUN
cjfa-48232	44	128	:	:	PUNCT
cjfa-48232	44	129	own	own	ADJ
cjfa-48232	44	130	illustration	illustration	NOUN
cjfa-48232	44	131	based	base	VERB
cjfa-48232	44	132	on	on	ADP
cjfa-48232	44	133	the	the	DET
cjfa-48232	44	134	studies	study	NOUN
cjfa-48232	44	135	cited	cite	VERB
cjfa-48232	44	136	in	in	ADP
cjfa-48232	44	137	the	the	DET
cjfa-48232	44	138	first	first	ADJ
cjfa-48232	44	139	column	column	NOUN
cjfa-48232	44	140	.	.	PUNCT
cjfa-48232	45	1	the	the	DET
cjfa-48232	45	2	number	number	NOUN
cjfa-48232	45	3	of	of	ADP
cjfa-48232	45	4	studies	study	NOUN
cjfa-48232	45	5	showing	show	VERB
cjfa-48232	45	6	a	a	DET
cjfa-48232	45	7	positive	positive	ADJ
cjfa-48232	45	8	relationship	relationship	NOUN
cjfa-48232	45	9	is	be	AUX
cjfa-48232	45	10	far	far	ADV
cjfa-48232	45	11	higher	high	ADJ
cjfa-48232	45	12	than	than	ADP
cjfa-48232	45	13	those	those	PRON
cjfa-48232	45	14	showing	show	VERB
cjfa-48232	45	15	a	a	DET
cjfa-48232	45	16	negative	negative	ADJ
cjfa-48232	45	17	relationship	relationship	NOUN
cjfa-48232	45	18	.	.	PUNCT
cjfa-48232	46	1	this	this	PRON
cjfa-48232	46	2	may	may	AUX
cjfa-48232	46	3	be	be	AUX
cjfa-48232	46	4	because	because	SCONJ
cjfa-48232	46	5	of	of	ADP
cjfa-48232	46	6	a	a	DET
cjfa-48232	46	7	publication	publication	NOUN
cjfa-48232	46	8	bias	bias	NOUN
cjfa-48232	46	9	(	(	PUNCT
cjfa-48232	46	10	studies	study	NOUN
cjfa-48232	46	11	with	with	ADP
cjfa-48232	46	12	negative	negative	ADJ
cjfa-48232	46	13	or	or	CCONJ
cjfa-48232	46	14	no	no	DET
cjfa-48232	46	15	significant	significant	ADJ
cjfa-48232	46	16	effects	effect	NOUN
cjfa-48232	46	17	are	be	AUX
cjfa-48232	46	18	published	publish	VERB
cjfa-48232	46	19	less	less	ADV
cjfa-48232	46	20	frequently	frequently	ADV
cjfa-48232	46	21	than	than	ADP
cjfa-48232	46	22	studies	study	NOUN
cjfa-48232	46	23	retrieving	retrieve	VERB
cjfa-48232	46	24	positive	positive	ADJ
cjfa-48232	46	25	effects	effect	NOUN
cjfa-48232	46	26	)	)	PUNCT
cjfa-48232	46	27	or	or	CCONJ
cjfa-48232	46	28	in	in	ADP
cjfa-48232	46	29	fact	fact	NOUN
cjfa-48232	46	30	gender	gender	NOUN
cjfa-48232	46	31	diversification	diversification	NOUN
cjfa-48232	46	32	improves	improve	VERB
cjfa-48232	46	33	a	a	DET
cjfa-48232	46	34	company	company	NOUN
cjfa-48232	46	35	’s	’s	PART
cjfa-48232	46	36	results	result	NOUN
cjfa-48232	46	37	.	.	PUNCT
cjfa-48232	47	1	none	none	NOUN
cjfa-48232	47	2	of	of	ADP
cjfa-48232	47	3	these	these	DET
cjfa-48232	47	4	studies	study	NOUN
cjfa-48232	47	5	has	have	AUX
cjfa-48232	47	6	found	find	VERB
cjfa-48232	47	7	only	only	ADV
cjfa-48232	47	8	a	a	DET
cjfa-48232	47	9	negative	negative	ADJ
cjfa-48232	47	10	relationship	relationship	NOUN
cjfa-48232	47	11	but	but	CCONJ
cjfa-48232	47	12	showed	show	VERB
cjfa-48232	47	13	some	some	DET
cjfa-48232	47	14	positive	positive	ADJ
cjfa-48232	47	15	effects	effect	NOUN
cjfa-48232	47	16	as	as	ADV
cjfa-48232	47	17	well	well	ADV
cjfa-48232	47	18	(	(	PUNCT
cjfa-48232	47	19	therefore	therefore	ADV
cjfa-48232	47	20	most	most	ADJ
cjfa-48232	47	21	of	of	ADP
cjfa-48232	47	22	these	these	DET
cjfa-48232	47	23	studies	study	NOUN
cjfa-48232	47	24	are	be	AUX
cjfa-48232	47	25	also	also	ADV
cjfa-48232	47	26	listed	list	VERB
cjfa-48232	47	27	in	in	ADP
cjfa-48232	47	28	table	table	NOUN
cjfa-48232	47	29	1	1	NUM
cjfa-48232	47	30	)	)	PUNCT
cjfa-48232	47	31	.	.	PUNCT
cjfa-48232	48	1	adams	adams	PROPN
cjfa-48232	48	2	&	&	CCONJ
cjfa-48232	48	3	ferreira	ferreira	PROPN
cjfa-48232	48	4	(	(	PUNCT
cjfa-48232	48	5	2009	2009	NUM
cjfa-48232	48	6	)	)	PUNCT
cjfa-48232	48	7	observed	observe	VERB
cjfa-48232	48	8	fewer	few	ADJ
cjfa-48232	48	9	attendance	attendance	NOUN
cjfa-48232	48	10	-	-	PUNCT
cjfa-48232	48	11	problems	problem	NOUN
cjfa-48232	48	12	in	in	ADP
cjfa-48232	48	13	gender	gender	NOUN
cjfa-48232	48	14	diverse	diverse	ADJ
cjfa-48232	48	15	boards	board	NOUN
cjfa-48232	48	16	but	but	CCONJ
cjfa-48232	48	17	showed	show	VERB
cjfa-48232	48	18	a	a	DET
cjfa-48232	48	19	negative	negative	ADJ
cjfa-48232	48	20	effect	effect	NOUN
cjfa-48232	48	21	on	on	ADP
cjfa-48232	48	22	the	the	DET
cjfa-48232	48	23	performance	performance	NOUN
cjfa-48232	48	24	of	of	ADP
cjfa-48232	48	25	the	the	DET
cjfa-48232	48	26	firm	firm	NOUN
cjfa-48232	48	27	.	.	PUNCT
cjfa-48232	49	1	papangkorn	papangkorn	PROPN
cjfa-48232	49	2	et	et	PROPN
cjfa-48232	49	3	al	al	PROPN
cjfa-48232	49	4	.	.	PROPN
cjfa-48232	50	1	(	(	PUNCT
cjfa-48232	50	2	2019	2019	NUM
cjfa-48232	50	3	)	)	PUNCT
cjfa-48232	50	4	found	find	VERB
cjfa-48232	50	5	a	a	DET
cjfa-48232	50	6	difference	difference	NOUN
cjfa-48232	50	7	between	between	ADP
cjfa-48232	50	8	normal	normal	ADJ
cjfa-48232	50	9	times	time	NOUN
cjfa-48232	50	10	and	and	CCONJ
cjfa-48232	50	11	times	time	NOUN
cjfa-48232	50	12	of	of	ADP
cjfa-48232	50	13	crisis	crisis	NOUN
cjfa-48232	50	14	as	as	ADV
cjfa-48232	50	15	well	well	ADV
cjfa-48232	50	16	as	as	ADP
cjfa-48232	50	17	a	a	DET
cjfa-48232	50	18	difference	difference	NOUN
cjfa-48232	50	19	between	between	ADP
cjfa-48232	50	20	the	the	DET
cjfa-48232	50	21	effect	effect	NOUN
cjfa-48232	50	22	on	on	ADP
cjfa-48232	50	23	the	the	DET
cjfa-48232	50	24	accounting	accounting	NOUN
cjfa-48232	50	25	performance	performance	NOUN
cjfa-48232	50	26	and	and	CCONJ
cjfa-48232	50	27	the	the	DET
cjfa-48232	50	28	reflection	reflection	NOUN
cjfa-48232	50	29	on	on	ADP
cjfa-48232	50	30	the	the	DET
cjfa-48232	50	31	stock	stock	NOUN
cjfa-48232	50	32	markets	market	NOUN
cjfa-48232	50	33	.	.	PUNCT
cjfa-48232	51	1	tanja	tanja	PROPN
cjfa-48232	51	2	sinha8484	sinha8484	PROPN
cjfa-48232	51	3	also	also	ADV
cjfa-48232	51	4	,	,	PUNCT
cjfa-48232	51	5	a	a	DET
cjfa-48232	51	6	difference	difference	NOUN
cjfa-48232	51	7	between	between	ADP
cjfa-48232	51	8	the	the	DET
cjfa-48232	51	9	effect	effect	NOUN
cjfa-48232	51	10	on	on	ADP
cjfa-48232	51	11	risk	risk	NOUN
cjfa-48232	51	12	and	and	CCONJ
cjfa-48232	51	13	the	the	DET
cjfa-48232	51	14	effect	effect	NOUN
cjfa-48232	51	15	on	on	ADP
cjfa-48232	51	16	performance	performance	NOUN
cjfa-48232	51	17	could	could	AUX
cjfa-48232	51	18	be	be	AUX
cjfa-48232	51	19	seen	see	VERB
cjfa-48232	51	20	(	(	PUNCT
cjfa-48232	51	21	mohsni	mohsni	NOUN
cjfa-48232	51	22	et	et	PROPN
cjfa-48232	51	23	al	al	PROPN
cjfa-48232	51	24	.	.	PROPN
cjfa-48232	51	25	,	,	PUNCT
cjfa-48232	51	26	2021	2021	NUM
cjfa-48232	51	27	)	)	PUNCT
cjfa-48232	51	28	.	.	PUNCT
cjfa-48232	52	1	although	although	SCONJ
cjfa-48232	52	2	there	there	PRON
cjfa-48232	52	3	are	be	VERB
cjfa-48232	52	4	already	already	ADV
cjfa-48232	52	5	several	several	ADJ
cjfa-48232	52	6	studies	study	NOUN
cjfa-48232	52	7	that	that	PRON
cjfa-48232	52	8	have	have	AUX
cjfa-48232	52	9	conducted	conduct	VERB
cjfa-48232	52	10	research	research	NOUN
cjfa-48232	52	11	on	on	ADP
cjfa-48232	52	12	the	the	DET
cjfa-48232	52	13	role	role	NOUN
cjfa-48232	52	14	of	of	ADP
cjfa-48232	52	15	female	female	ADJ
cjfa-48232	52	16	leadership	leadership	NOUN
cjfa-48232	52	17	,	,	PUNCT
cjfa-48232	52	18	there	there	PRON
cjfa-48232	52	19	is	be	VERB
cjfa-48232	52	20	still	still	ADV
cjfa-48232	52	21	need	need	NOUN
cjfa-48232	52	22	for	for	SCONJ
cjfa-48232	52	23	more	more	ADJ
cjfa-48232	52	24	research	research	NOUN
cjfa-48232	52	25	to	to	PART
cjfa-48232	52	26	be	be	AUX
cjfa-48232	52	27	done	do	VERB
cjfa-48232	52	28	in	in	ADP
cjfa-48232	52	29	this	this	DET
cjfa-48232	52	30	area	area	NOUN
cjfa-48232	52	31	.	.	PUNCT
cjfa-48232	53	1	first	first	ADV
cjfa-48232	53	2	,	,	PUNCT
cjfa-48232	53	3	only	only	ADV
cjfa-48232	53	4	sudeck	sudeck	NOUN
cjfa-48232	53	5	&	&	CCONJ
cjfa-48232	53	6	iatridis	iatridis	PROPN
cjfa-48232	53	7	(	(	PUNCT
cjfa-48232	53	8	2014	2014	NUM
cjfa-48232	53	9	)	)	PUNCT
cjfa-48232	53	10	examined	examine	VERB
cjfa-48232	53	11	the	the	DET
cjfa-48232	53	12	german	german	ADJ
cjfa-48232	53	13	stock	stock	NOUN
cjfa-48232	53	14	market	market	NOUN
cjfa-48232	53	15	.	.	PUNCT
cjfa-48232	54	1	second	second	ADJ
cjfa-48232	54	2	,	,	PUNCT
cjfa-48232	54	3	only	only	ADV
cjfa-48232	54	4	two	two	NUM
cjfa-48232	54	5	studies	study	NOUN
cjfa-48232	54	6	(	(	PUNCT
cjfa-48232	54	7	fernando	fernando	PROPN
cjfa-48232	54	8	et	et	PROPN
cjfa-48232	54	9	al	al	PROPN
cjfa-48232	54	10	.	.	PROPN
cjfa-48232	54	11	,	,	PUNCT
cjfa-48232	54	12	2020	2020	NUM
cjfa-48232	54	13	;	;	PUNCT
cjfa-48232	54	14	papangkorn	papangkorn	PROPN
cjfa-48232	54	15	et	et	PROPN
cjfa-48232	54	16	al	al	PROPN
cjfa-48232	54	17	.	.	PROPN
cjfa-48232	54	18	,	,	PUNCT
cjfa-48232	54	19	2019	2019	NUM
cjfa-48232	54	20	)	)	PUNCT
cjfa-48232	54	21	had	have	VERB
cjfa-48232	54	22	an	an	DET
cjfa-48232	54	23	eye	eye	NOUN
cjfa-48232	54	24	on	on	ADP
cjfa-48232	54	25	a	a	DET
cjfa-48232	54	26	crisis	crisis	NOUN
cjfa-48232	54	27	(	(	PUNCT
cjfa-48232	54	28	the	the	DET
cjfa-48232	54	29	great	great	ADJ
cjfa-48232	54	30	recession	recession	NOUN
cjfa-48232	54	31	respectively	respectively	ADV
cjfa-48232	54	32	the	the	DET
cjfa-48232	54	33	financial	financial	ADJ
cjfa-48232	54	34	crisis	crisis	NOUN
cjfa-48232	54	35	)	)	PUNCT
cjfa-48232	54	36	.	.	PUNCT
cjfa-48232	55	1	third	third	ADV
cjfa-48232	55	2	,	,	PUNCT
cjfa-48232	55	3	there	there	PRON
cjfa-48232	55	4	is	be	VERB
cjfa-48232	55	5	no	no	DET
cjfa-48232	55	6	study	study	NOUN
cjfa-48232	55	7	analysing	analyse	VERB
cjfa-48232	55	8	companies	company	NOUN
cjfa-48232	55	9	with	with	ADP
cjfa-48232	55	10	a	a	DET
cjfa-48232	55	11	mainly	mainly	ADV
cjfa-48232	55	12	female	female	ADJ
cjfa-48232	55	13	board	board	NOUN
cjfa-48232	55	14	or	or	CCONJ
cjfa-48232	55	15	leadership	leadership	NOUN
cjfa-48232	55	16	team	team	NOUN
cjfa-48232	55	17	.	.	PUNCT
cjfa-48232	56	1	thus	thus	ADV
cjfa-48232	56	2	,	,	PUNCT
cjfa-48232	56	3	to	to	PART
cjfa-48232	56	4	close	close	VERB
cjfa-48232	56	5	this	this	DET
cjfa-48232	56	6	research	research	NOUN
cjfa-48232	56	7	gap	gap	NOUN
cjfa-48232	56	8	,	,	PUNCT
cjfa-48232	56	9	the	the	DET
cjfa-48232	56	10	research	research	NOUN
cjfa-48232	56	11	question	question	NOUN
cjfa-48232	56	12	in	in	ADP
cjfa-48232	56	13	this	this	DET
cjfa-48232	56	14	study	study	NOUN
cjfa-48232	56	15	will	will	AUX
cjfa-48232	56	16	be	be	AUX
cjfa-48232	56	17	whether	whether	SCONJ
cjfa-48232	56	18	female	female	ADJ
cjfa-48232	56	19	leadership	leadership	NOUN
cjfa-48232	56	20	(	(	PUNCT
cjfa-48232	56	21	in	in	ADP
cjfa-48232	56	22	form	form	NOUN
cjfa-48232	56	23	of	of	ADP
cjfa-48232	56	24	at	at	ADV
cjfa-48232	56	25	least	least	ADV
cjfa-48232	56	26	50	50	NUM
cjfa-48232	56	27	%	%	NOUN
cjfa-48232	56	28	women	woman	NOUN
cjfa-48232	56	29	on	on	ADP
cjfa-48232	56	30	the	the	DET
cjfa-48232	56	31	board	board	NOUN
cjfa-48232	56	32	of	of	ADP
cjfa-48232	56	33	a	a	DET
cjfa-48232	56	34	firm	firm	NOUN
cjfa-48232	56	35	)	)	PUNCT
cjfa-48232	56	36	has	have	VERB
cjfa-48232	56	37	a	a	DET
cjfa-48232	56	38	positive	positive	ADJ
cjfa-48232	56	39	effect	effect	NOUN
cjfa-48232	56	40	on	on	ADP
cjfa-48232	56	41	the	the	DET
cjfa-48232	56	42	key	key	ADJ
cjfa-48232	56	43	performance	performance	NOUN
cjfa-48232	56	44	indicators	indicator	NOUN
cjfa-48232	56	45	of	of	ADP
cjfa-48232	56	46	companies	company	NOUN
cjfa-48232	56	47	in	in	ADP
cjfa-48232	56	48	times	time	NOUN
cjfa-48232	56	49	of	of	ADP
cjfa-48232	56	50	the	the	DET
cjfa-48232	56	51	covid-19	covid-19	PROPN
cjfa-48232	56	52	-	-	PUNCT
cjfa-48232	56	53	crisis	crisis	NOUN
cjfa-48232	56	54	.	.	PUNCT
cjfa-48232	57	1	the	the	DET
cjfa-48232	57	2	research	research	NOUN
cjfa-48232	57	3	methodology	methodology	NOUN
cjfa-48232	57	4	and	and	CCONJ
cjfa-48232	57	5	the	the	DET
cjfa-48232	57	6	course	course	NOUN
cjfa-48232	57	7	of	of	ADP
cjfa-48232	57	8	the	the	DET
cjfa-48232	57	9	research	research	NOUN
cjfa-48232	57	10	processthe	processthe	PROPN
cjfa-48232	57	11	research	research	NOUN
cjfa-48232	57	12	methodology	methodology	NOUN
cjfa-48232	57	13	and	and	CCONJ
cjfa-48232	57	14	the	the	DET
cjfa-48232	57	15	course	course	NOUN
cjfa-48232	57	16	of	of	ADP
cjfa-48232	57	17	the	the	DET
cjfa-48232	57	18	research	research	NOUN
cjfa-48232	57	19	process	process	NOUN
cjfa-48232	57	20	most	most	ADJ
cjfa-48232	57	21	of	of	ADP
cjfa-48232	57	22	the	the	DET
cjfa-48232	57	23	former	former	ADJ
cjfa-48232	57	24	studies	study	NOUN
cjfa-48232	57	25	on	on	ADP
cjfa-48232	57	26	gender	gender	NOUN
cjfa-48232	57	27	diversity	diversity	NOUN
cjfa-48232	57	28	or	or	CCONJ
cjfa-48232	57	29	female	female	ADJ
cjfa-48232	57	30	leadership	leadership	NOUN
cjfa-48232	57	31	focus	focus	VERB
cjfa-48232	57	32	on	on	ADP
cjfa-48232	57	33	accounting	accounting	NOUN
cjfa-48232	57	34	figures	figure	NOUN
cjfa-48232	57	35	to	to	PART
cjfa-48232	57	36	measure	measure	VERB
cjfa-48232	57	37	the	the	DET
cjfa-48232	57	38	performance	performance	NOUN
cjfa-48232	57	39	of	of	ADP
cjfa-48232	57	40	a	a	DET
cjfa-48232	57	41	firm	firm	NOUN
cjfa-48232	57	42	(	(	PUNCT
cjfa-48232	57	43	rossi	rossi	PROPN
cjfa-48232	57	44	et	et	PROPN
cjfa-48232	57	45	al	al	PROPN
cjfa-48232	57	46	.	.	PROPN
cjfa-48232	57	47	,	,	PUNCT
cjfa-48232	57	48	2017	2017	NUM
cjfa-48232	57	49	;	;	PUNCT
cjfa-48232	57	50	yang	yang	PROPN
cjfa-48232	57	51	et	et	PROPN
cjfa-48232	57	52	al	al	PROPN
cjfa-48232	57	53	.	.	PROPN
cjfa-48232	57	54	,	,	PUNCT
cjfa-48232	57	55	2019	2019	NUM
cjfa-48232	57	56	;	;	PUNCT
cjfa-48232	57	57	galluci	galluci	PROPN
cjfa-48232	57	58	et	et	PROPN
cjfa-48232	57	59	al	al	PROPN
cjfa-48232	57	60	.	.	PROPN
cjfa-48232	57	61	,	,	PUNCT
cjfa-48232	57	62	2019	2019	NUM
cjfa-48232	57	63	;	;	PUNCT
cjfa-48232	57	64	amongst	amongst	ADP
cjfa-48232	57	65	others	other	NOUN
cjfa-48232	57	66	)	)	PUNCT
cjfa-48232	57	67	.	.	PUNCT
cjfa-48232	58	1	even	even	ADV
cjfa-48232	58	2	when	when	SCONJ
cjfa-48232	58	3	market	market	NOUN
cjfa-48232	58	4	performance	performance	NOUN
cjfa-48232	58	5	is	be	AUX
cjfa-48232	58	6	to	to	PART
cjfa-48232	58	7	be	be	AUX
cjfa-48232	58	8	measured	measure	VERB
cjfa-48232	58	9	,	,	PUNCT
cjfa-48232	58	10	mainly	mainly	ADV
cjfa-48232	58	11	figures	figure	VERB
cjfa-48232	58	12	as	as	ADP
cjfa-48232	58	13	tobins’q	tobins’q	NUM
cjfa-48232	58	14	or	or	CCONJ
cjfa-48232	58	15	book	book	NOUN
cjfa-48232	58	16	-	-	PUNCT
cjfa-48232	58	17	to	to	ADP
cjfa-48232	58	18	-	-	PUNCT
cjfa-48232	58	19	market	market	NOUN
cjfa-48232	58	20	-	-	PUNCT
cjfa-48232	58	21	value	value	NOUN
cjfa-48232	58	22	(	(	PUNCT
cjfa-48232	58	23	which	which	PRON
cjfa-48232	58	24	are	be	AUX
cjfa-48232	58	25	also	also	ADV
cjfa-48232	58	26	–	–	PUNCT
cjfa-48232	58	27	at	at	ADP
cjfa-48232	58	28	least	least	ADJ
cjfa-48232	58	29	partly	partly	ADV
cjfa-48232	58	30	based	base	VERB
cjfa-48232	58	31	on	on	ADP
cjfa-48232	58	32	accounting	accounting	NOUN
cjfa-48232	58	33	figures	figure	NOUN
cjfa-48232	58	34	)	)	PUNCT
cjfa-48232	58	35	are	be	AUX
cjfa-48232	58	36	used	use	VERB
cjfa-48232	58	37	.	.	PUNCT
cjfa-48232	59	1	against	against	ADP
cjfa-48232	59	2	this	this	PRON
cjfa-48232	59	3	in	in	ADP
cjfa-48232	59	4	this	this	DET
cjfa-48232	59	5	study	study	NOUN
cjfa-48232	59	6	performance	performance	NOUN
cjfa-48232	59	7	will	will	AUX
cjfa-48232	59	8	be	be	AUX
cjfa-48232	59	9	understood	understand	VERB
cjfa-48232	59	10	as	as	ADP
cjfa-48232	59	11	financial	financial	ADJ
cjfa-48232	59	12	performance	performance	NOUN
cjfa-48232	59	13	based	base	VERB
cjfa-48232	59	14	on	on	ADP
cjfa-48232	59	15	stock	stock	NOUN
cjfa-48232	59	16	price	price	NOUN
cjfa-48232	59	17	development	development	NOUN
cjfa-48232	59	18	.	.	PUNCT
cjfa-48232	60	1	other	other	ADJ
cjfa-48232	60	2	studies	study	NOUN
cjfa-48232	60	3	(	(	PUNCT
cjfa-48232	60	4	sudeck	sudeck	NOUN
cjfa-48232	60	5	&	&	CCONJ
cjfa-48232	60	6	iatridis	iatridis	PROPN
cjfa-48232	60	7	,	,	PUNCT
cjfa-48232	60	8	2014	2014	NUM
cjfa-48232	60	9	)	)	PUNCT
cjfa-48232	60	10	focus	focus	VERB
cjfa-48232	60	11	on	on	ADP
cjfa-48232	60	12	the	the	DET
cjfa-48232	60	13	event	event	NOUN
cjfa-48232	60	14	of	of	ADP
cjfa-48232	60	15	announcing	announce	VERB
cjfa-48232	60	16	a	a	DET
cjfa-48232	60	17	new	new	ADJ
cjfa-48232	60	18	female	female	ADJ
cjfa-48232	60	19	member	member	NOUN
cjfa-48232	60	20	to	to	ADP
cjfa-48232	60	21	the	the	DET
cjfa-48232	60	22	board	board	NOUN
cjfa-48232	60	23	and	and	CCONJ
cjfa-48232	60	24	therefore	therefore	ADV
cjfa-48232	60	25	examine	examine	VERB
cjfa-48232	60	26	the	the	DET
cjfa-48232	60	27	short	short	ADJ
cjfa-48232	60	28	-	-	PUNCT
cjfa-48232	60	29	term	term	NOUN
cjfa-48232	60	30	effect	effect	NOUN
cjfa-48232	60	31	of	of	ADP
cjfa-48232	60	32	gender	gender	NOUN
cjfa-48232	60	33	diversity	diversity	NOUN
cjfa-48232	60	34	on	on	ADP
cjfa-48232	60	35	boards	board	NOUN
cjfa-48232	60	36	,	,	PUNCT
cjfa-48232	60	37	but	but	CCONJ
cjfa-48232	60	38	do	do	AUX
cjfa-48232	60	39	not	not	PART
cjfa-48232	60	40	examine	examine	VERB
cjfa-48232	60	41	the	the	DET
cjfa-48232	60	42	effects	effect	NOUN
cjfa-48232	60	43	on	on	ADP
cjfa-48232	60	44	the	the	DET
cjfa-48232	60	45	stock	stock	NOUN
cjfa-48232	60	46	price	price	NOUN
cjfa-48232	60	47	on	on	ADP
cjfa-48232	60	48	the	the	DET
cjfa-48232	60	49	longer	long	ADJ
cjfa-48232	60	50	run	run	NOUN
cjfa-48232	60	51	.	.	PUNCT
cjfa-48232	61	1	additionally	additionally	ADV
cjfa-48232	61	2	,	,	PUNCT
cjfa-48232	61	3	previous	previous	ADJ
cjfa-48232	61	4	studies	study	NOUN
cjfa-48232	61	5	took	take	VERB
cjfa-48232	61	6	as	as	ADP
cjfa-48232	61	7	measure	measure	NOUN
cjfa-48232	61	8	for	for	ADP
cjfa-48232	61	9	gender	gender	NOUN
cjfa-48232	61	10	diversity	diversity	NOUN
cjfa-48232	61	11	that	that	SCONJ
cjfa-48232	61	12	there	there	PRON
cjfa-48232	61	13	is	be	VERB
cjfa-48232	61	14	at	at	ADV
cjfa-48232	61	15	least	least	ADJ
cjfa-48232	61	16	one	one	NUM
cjfa-48232	61	17	woman	woman	NOUN
cjfa-48232	61	18	in	in	ADP
cjfa-48232	61	19	the	the	DET
cjfa-48232	61	20	board	board	NOUN
cjfa-48232	61	21	or	or	CCONJ
cjfa-48232	61	22	a	a	DET
cjfa-48232	61	23	certain	certain	ADJ
cjfa-48232	61	24	percentage	percentage	NOUN
cjfa-48232	61	25	of	of	ADP
cjfa-48232	61	26	female	female	ADJ
cjfa-48232	61	27	representatives	representative	NOUN
cjfa-48232	61	28	in	in	ADP
cjfa-48232	61	29	the	the	DET
cjfa-48232	61	30	management	management	NOUN
cjfa-48232	61	31	.	.	PUNCT
cjfa-48232	62	1	as	as	SCONJ
cjfa-48232	62	2	the	the	DET
cjfa-48232	62	3	presence	presence	NOUN
cjfa-48232	62	4	of	of	ADP
cjfa-48232	62	5	one	one	NUM
cjfa-48232	62	6	woman	woman	NOUN
cjfa-48232	62	7	in	in	ADP
cjfa-48232	62	8	the	the	DET
cjfa-48232	62	9	management	management	NOUN
cjfa-48232	62	10	team	team	NOUN
cjfa-48232	62	11	can	can	AUX
cjfa-48232	62	12	not	not	PART
cjfa-48232	62	13	be	be	AUX
cjfa-48232	62	14	evaluated	evaluate	VERB
cjfa-48232	62	15	as	as	ADP
cjfa-48232	62	16	female	female	ADJ
cjfa-48232	62	17	leadership	leadership	NOUN
cjfa-48232	62	18	,	,	PUNCT
cjfa-48232	62	19	in	in	ADP
cjfa-48232	62	20	this	this	DET
cjfa-48232	62	21	study	study	NOUN
cjfa-48232	62	22	a	a	DET
cjfa-48232	62	23	different	different	ADJ
cjfa-48232	62	24	approach	approach	NOUN
cjfa-48232	62	25	should	should	AUX
cjfa-48232	62	26	be	be	AUX
cjfa-48232	62	27	used	use	VERB
cjfa-48232	62	28	to	to	PART
cjfa-48232	62	29	evaluate	evaluate	VERB
cjfa-48232	62	30	effects	effect	NOUN
cjfa-48232	62	31	of	of	ADP
cjfa-48232	62	32	female	female	ADJ
cjfa-48232	62	33	leadership	leadership	NOUN
cjfa-48232	62	34	.	.	PUNCT
cjfa-48232	63	1	therefore	therefore	ADV
cjfa-48232	63	2	,	,	PUNCT
cjfa-48232	63	3	companies	company	NOUN
cjfa-48232	63	4	with	with	ADP
cjfa-48232	63	5	at	at	ADV
cjfa-48232	63	6	least	least	ADV
cjfa-48232	63	7	50	50	NUM
cjfa-48232	63	8	%	%	NOUN
cjfa-48232	63	9	women	woman	NOUN
cjfa-48232	63	10	on	on	ADP
cjfa-48232	63	11	the	the	DET
cjfa-48232	63	12	board	board	NOUN
cjfa-48232	63	13	are	be	AUX
cjfa-48232	63	14	looked	look	VERB
cjfa-48232	63	15	at	at	ADP
cjfa-48232	63	16	to	to	PART
cjfa-48232	63	17	evaluate	evaluate	VERB
cjfa-48232	63	18	the	the	DET
cjfa-48232	63	19	effects	effect	NOUN
cjfa-48232	63	20	of	of	ADP
cjfa-48232	63	21	female	female	ADJ
cjfa-48232	63	22	leadership	leadership	NOUN
cjfa-48232	63	23	for	for	ADP
cjfa-48232	63	24	firms	firm	NOUN
cjfa-48232	63	25	listed	list	VERB
cjfa-48232	63	26	on	on	ADP
cjfa-48232	63	27	the	the	DET
cjfa-48232	63	28	german	german	ADJ
cjfa-48232	63	29	stock	stock	NOUN
cjfa-48232	63	30	exchange	exchange	NOUN
cjfa-48232	63	31	.	.	PUNCT
cjfa-48232	64	1	it	it	PRON
cjfa-48232	64	2	is	be	AUX
cjfa-48232	64	3	important	important	ADJ
cjfa-48232	64	4	to	to	PART
cjfa-48232	64	5	note	note	VERB
cjfa-48232	64	6	that	that	SCONJ
cjfa-48232	64	7	germany	germany	PROPN
cjfa-48232	64	8	has	have	VERB
cjfa-48232	64	9	a	a	DET
cjfa-48232	64	10	two	two	NUM
cjfa-48232	64	11	-	-	PUNCT
cjfa-48232	64	12	tier	tier	NOUN
cjfa-48232	64	13	board	board	NOUN
cjfa-48232	64	14	system	system	NOUN
cjfa-48232	64	15	and	and	CCONJ
cjfa-48232	64	16	therefore	therefore	ADV
cjfa-48232	64	17	the	the	DET
cjfa-48232	64	18	board	board	NOUN
cjfa-48232	64	19	is	be	AUX
cjfa-48232	64	20	separated	separate	VERB
cjfa-48232	64	21	into	into	ADP
cjfa-48232	64	22	a	a	DET
cjfa-48232	64	23	management	management	NOUN
cjfa-48232	64	24	and	and	CCONJ
cjfa-48232	64	25	a	a	DET
cjfa-48232	64	26	supervisory	supervisory	ADJ
cjfa-48232	64	27	board	board	NOUN
cjfa-48232	64	28	,	,	PUNCT
cjfa-48232	64	29	whereas	whereas	SCONJ
cjfa-48232	64	30	internationally	internationally	ADV
cjfa-48232	64	31	the	the	DET
cjfa-48232	64	32	one	one	NUM
cjfa-48232	64	33	-	-	PUNCT
cjfa-48232	64	34	tier	tier	NOUN
cjfa-48232	64	35	board	board	NOUN
cjfa-48232	64	36	system	system	NOUN
cjfa-48232	64	37	is	be	AUX
cjfa-48232	64	38	common	common	ADJ
cjfa-48232	64	39	(	(	PUNCT
cjfa-48232	64	40	hopt	hopt	VERB
cjfa-48232	64	41	,	,	PUNCT
cjfa-48232	64	42	2022	2022	NUM
cjfa-48232	64	43	)	)	PUNCT
cjfa-48232	64	44	.	.	PUNCT
cjfa-48232	65	1	the	the	DET
cjfa-48232	65	2	role	role	NOUN
cjfa-48232	65	3	of	of	ADP
cjfa-48232	65	4	female	female	ADJ
cjfa-48232	65	5	leadership	leadership	NOUN
cjfa-48232	65	6	in	in	ADP
cjfa-48232	65	7	times	time	NOUN
cjfa-48232	65	8	of	of	ADP
cjfa-48232	65	9	financial	financial	ADJ
cjfa-48232	65	10	crisis	crisis	NOUN
cjfa-48232	65	11	…	…	PUNCT
cjfa-48232	65	12	8585	8585	NUM
cjfa-48232	65	13	to	to	PART
cjfa-48232	65	14	select	select	VERB
cjfa-48232	65	15	the	the	DET
cjfa-48232	65	16	female	female	ADJ
cjfa-48232	65	17	managed	manage	VERB
cjfa-48232	65	18	companies	company	NOUN
cjfa-48232	65	19	,	,	PUNCT
cjfa-48232	65	20	the	the	DET
cjfa-48232	65	21	refinitiv	refinitiv	PROPN
cjfa-48232	65	22	eikon	eikon	PROPN
cjfa-48232	65	23	database	database	PROPN
cjfa-48232	65	24	was	be	AUX
cjfa-48232	65	25	used	use	VERB
cjfa-48232	65	26	.	.	PUNCT
cjfa-48232	66	1	applying	apply	VERB
cjfa-48232	66	2	its	its	PRON
cjfa-48232	66	3	screening	screening	NOUN
cjfa-48232	66	4	tool	tool	NOUN
cjfa-48232	66	5	,	,	PUNCT
cjfa-48232	66	6	all	all	DET
cjfa-48232	66	7	companies	company	NOUN
cjfa-48232	66	8	with	with	ADP
cjfa-48232	66	9	their	their	PRON
cjfa-48232	66	10	respective	respective	ADJ
cjfa-48232	66	11	headquarter	headquarter	NOUN
cjfa-48232	66	12	in	in	ADP
cjfa-48232	66	13	germany	germany	PROPN
cjfa-48232	66	14	and	and	CCONJ
cjfa-48232	66	15	being	be	AUX
cjfa-48232	66	16	listed	list	VERB
cjfa-48232	66	17	for	for	ADP
cjfa-48232	66	18	trading	trading	NOUN
cjfa-48232	66	19	on	on	ADP
cjfa-48232	66	20	the	the	DET
cjfa-48232	66	21	german	german	ADJ
cjfa-48232	66	22	stock	stock	NOUN
cjfa-48232	66	23	exchange	exchange	NOUN
cjfa-48232	66	24	were	be	AUX
cjfa-48232	66	25	filtered	filter	VERB
cjfa-48232	66	26	regarding	regard	VERB
cjfa-48232	66	27	having	have	VERB
cjfa-48232	66	28	at	at	ADV
cjfa-48232	66	29	least	least	ADV
cjfa-48232	66	30	50	50	NUM
cjfa-48232	66	31	%	%	NOUN
cjfa-48232	66	32	females	female	NOUN
cjfa-48232	66	33	on	on	ADP
cjfa-48232	66	34	the	the	DET
cjfa-48232	66	35	board	board	NOUN
cjfa-48232	66	36	.	.	PUNCT
cjfa-48232	67	1	this	this	DET
cjfa-48232	67	2	filter	filter	NOUN
cjfa-48232	67	3	figured	figure	VERB
cjfa-48232	67	4	out	out	ADP
cjfa-48232	67	5	10	10	NUM
cjfa-48232	67	6	companies	company	NOUN
cjfa-48232	67	7	,	,	PUNCT
cjfa-48232	67	8	which	which	PRON
cjfa-48232	67	9	were	be	AUX
cjfa-48232	67	10	classified	classify	VERB
cjfa-48232	67	11	as	as	ADP
cjfa-48232	67	12	“	"	PUNCT
cjfa-48232	67	13	female	female	ADJ
cjfa-48232	67	14	managed	manage	VERB
cjfa-48232	67	15	”	"	PUNCT
cjfa-48232	67	16	.	.	PUNCT
cjfa-48232	68	1	for	for	ADP
cjfa-48232	68	2	all	all	DET
cjfa-48232	68	3	the	the	DET
cjfa-48232	68	4	companies	company	NOUN
cjfa-48232	68	5	resulting	result	VERB
cjfa-48232	68	6	from	from	ADP
cjfa-48232	68	7	this	this	DET
cjfa-48232	68	8	search	search	NOUN
cjfa-48232	68	9	,	,	PUNCT
cjfa-48232	68	10	it	it	PRON
cjfa-48232	68	11	was	be	AUX
cjfa-48232	68	12	doublechecked	doublechecke	VERB
cjfa-48232	68	13	via	via	ADP
cjfa-48232	68	14	company	company	NOUN
cjfa-48232	68	15	information	information	NOUN
cjfa-48232	68	16	given	give	VERB
cjfa-48232	68	17	on	on	ADP
cjfa-48232	68	18	the	the	DET
cjfa-48232	68	19	internet	internet	NOUN
cjfa-48232	68	20	whether	whether	SCONJ
cjfa-48232	68	21	on	on	ADP
cjfa-48232	68	22	31	31	NUM
cjfa-48232	68	23	of	of	ADP
cjfa-48232	68	24	december	december	PROPN
cjfa-48232	68	25	2022	2022	NUM
cjfa-48232	68	26	the	the	DET
cjfa-48232	68	27	situation	situation	NOUN
cjfa-48232	68	28	still	still	ADV
cjfa-48232	68	29	was	be	AUX
cjfa-48232	68	30	that	that	SCONJ
cjfa-48232	68	31	the	the	DET
cjfa-48232	68	32	members	member	NOUN
cjfa-48232	68	33	of	of	ADP
cjfa-48232	68	34	the	the	DET
cjfa-48232	68	35	board	board	NOUN
cjfa-48232	68	36	(	(	PUNCT
cjfa-48232	68	37	due	due	ADP
cjfa-48232	68	38	to	to	ADP
cjfa-48232	68	39	the	the	DET
cjfa-48232	68	40	two	two	NUM
cjfa-48232	68	41	-	-	PUNCT
cjfa-48232	68	42	tier	tier	NOUN
cjfa-48232	68	43	board	board	NOUN
cjfa-48232	68	44	system	system	NOUN
cjfa-48232	68	45	meaning	mean	VERB
cjfa-48232	68	46	executive	executive	NOUN
cjfa-48232	68	47	board	board	NOUN
cjfa-48232	68	48	and	and	CCONJ
cjfa-48232	68	49	/	/	SYM
cjfa-48232	68	50	or	or	CCONJ
cjfa-48232	68	51	supervisory	supervisory	ADJ
cjfa-48232	68	52	board	board	NOUN
cjfa-48232	68	53	)	)	PUNCT
cjfa-48232	68	54	were	be	AUX
cjfa-48232	68	55	at	at	ADV
cjfa-48232	68	56	least	least	ADJ
cjfa-48232	68	57	50	50	NUM
cjfa-48232	68	58	%	%	NOUN
cjfa-48232	68	59	female	female	NOUN
cjfa-48232	68	60	.	.	PUNCT
cjfa-48232	69	1	this	this	DET
cjfa-48232	69	2	additional	additional	ADJ
cjfa-48232	69	3	research	research	NOUN
cjfa-48232	69	4	rejected	reject	VERB
cjfa-48232	69	5	the	the	DET
cjfa-48232	69	6	criterion	criterion	NOUN
cjfa-48232	69	7	to	to	PART
cjfa-48232	69	8	be	be	AUX
cjfa-48232	69	9	mainly	mainly	ADV
cjfa-48232	69	10	female	female	ADJ
cjfa-48232	69	11	managed	manage	VERB
cjfa-48232	69	12	for	for	ADP
cjfa-48232	69	13	one	one	NUM
cjfa-48232	69	14	of	of	ADP
cjfa-48232	69	15	the	the	DET
cjfa-48232	69	16	companies	company	NOUN
cjfa-48232	69	17	and	and	CCONJ
cjfa-48232	69	18	resulted	result	VERB
cjfa-48232	69	19	in	in	ADP
cjfa-48232	69	20	9	9	NUM
cjfa-48232	69	21	companies	company	NOUN
cjfa-48232	69	22	with	with	ADP
cjfa-48232	69	23	a	a	DET
cjfa-48232	69	24	share	share	NOUN
cjfa-48232	69	25	of	of	ADP
cjfa-48232	69	26	at	at	ADV
cjfa-48232	69	27	least	least	ADV
cjfa-48232	69	28	50	50	NUM
cjfa-48232	69	29	%	%	NOUN
cjfa-48232	69	30	women	woman	NOUN
cjfa-48232	69	31	in	in	ADP
cjfa-48232	69	32	the	the	DET
cjfa-48232	69	33	executive	executive	NOUN
cjfa-48232	69	34	and	and	CCONJ
cjfa-48232	69	35	/	/	SYM
cjfa-48232	69	36	or	or	CCONJ
cjfa-48232	69	37	advisory	advisory	ADJ
cjfa-48232	69	38	board	board	NOUN
cjfa-48232	69	39	.	.	PUNCT
cjfa-48232	70	1	two	two	NUM
cjfa-48232	70	2	of	of	ADP
cjfa-48232	70	3	these	these	DET
cjfa-48232	70	4	companies	company	NOUN
cjfa-48232	70	5	(	(	PUNCT
cjfa-48232	70	6	gigaset	gigaset	PROPN
cjfa-48232	70	7	ag	ag	PROPN
cjfa-48232	70	8	and	and	CCONJ
cjfa-48232	70	9	evotec	evotec	ADJ
cjfa-48232	70	10	se	se	X
cjfa-48232	70	11	)	)	PUNCT
cjfa-48232	70	12	have	have	VERB
cjfa-48232	70	13	at	at	ADV
cjfa-48232	70	14	least	least	ADV
cjfa-48232	70	15	50	50	NUM
cjfa-48232	70	16	%	%	NOUN
cjfa-48232	70	17	women	woman	NOUN
cjfa-48232	70	18	in	in	ADP
cjfa-48232	70	19	the	the	DET
cjfa-48232	70	20	supervisory	supervisory	ADJ
cjfa-48232	70	21	board	board	NOUN
cjfa-48232	70	22	but	but	CCONJ
cjfa-48232	70	23	only	only	ADV
cjfa-48232	70	24	men	man	NOUN
cjfa-48232	70	25	in	in	ADP
cjfa-48232	70	26	the	the	DET
cjfa-48232	70	27	executive	executive	PROPN
cjfa-48232	70	28	board	board	NOUN
cjfa-48232	70	29	.	.	PUNCT
cjfa-48232	71	1	therefore	therefore	ADV
cjfa-48232	71	2	,	,	PUNCT
cjfa-48232	71	3	both	both	DET
cjfa-48232	71	4	companies	company	NOUN
cjfa-48232	71	5	were	be	AUX
cjfa-48232	71	6	excluded	exclude	VERB
cjfa-48232	71	7	from	from	ADP
cjfa-48232	71	8	this	this	DET
cjfa-48232	71	9	study	study	NOUN
cjfa-48232	71	10	,	,	PUNCT
cjfa-48232	71	11	as	as	SCONJ
cjfa-48232	71	12	they	they	PRON
cjfa-48232	71	13	can	can	AUX
cjfa-48232	71	14	not	not	PART
cjfa-48232	71	15	be	be	AUX
cjfa-48232	71	16	classified	classify	VERB
cjfa-48232	71	17	as	as	ADP
cjfa-48232	71	18	female	female	ADJ
cjfa-48232	71	19	managed	manage	VERB
cjfa-48232	71	20	without	without	ADP
cjfa-48232	71	21	having	have	VERB
cjfa-48232	71	22	at	at	ADV
cjfa-48232	71	23	least	least	ADV
cjfa-48232	71	24	one	one	NUM
cjfa-48232	71	25	woman	woman	NOUN
cjfa-48232	71	26	in	in	ADP
cjfa-48232	71	27	the	the	DET
cjfa-48232	71	28	executive	executive	PROPN
cjfa-48232	71	29	board	board	NOUN
cjfa-48232	71	30	.	.	PUNCT
cjfa-48232	72	1	additionally	additionally	ADV
cjfa-48232	72	2	,	,	PUNCT
cjfa-48232	72	3	the	the	DET
cjfa-48232	72	4	hoftex	hoftex	PROPN
cjfa-48232	72	5	group	group	PROPN
cjfa-48232	72	6	ag	ag	PROPN
cjfa-48232	72	7	was	be	AUX
cjfa-48232	72	8	excluded	exclude	VERB
cjfa-48232	72	9	from	from	ADP
cjfa-48232	72	10	this	this	DET
cjfa-48232	72	11	study	study	NOUN
cjfa-48232	72	12	because	because	SCONJ
cjfa-48232	72	13	of	of	ADP
cjfa-48232	72	14	very	very	ADV
cjfa-48232	72	15	rare	rare	ADJ
cjfa-48232	72	16	trading	trading	NOUN
cjfa-48232	72	17	activities	activity	NOUN
cjfa-48232	72	18	during	during	ADP
cjfa-48232	72	19	the	the	DET
cjfa-48232	72	20	last	last	ADJ
cjfa-48232	72	21	six	six	NUM
cjfa-48232	72	22	years	year	NOUN
cjfa-48232	72	23	,	,	PUNCT
cjfa-48232	72	24	so	so	SCONJ
cjfa-48232	72	25	it	it	PRON
cjfa-48232	72	26	would	would	AUX
cjfa-48232	72	27	not	not	PART
cjfa-48232	72	28	have	have	AUX
cjfa-48232	72	29	been	be	AUX
cjfa-48232	72	30	possible	possible	ADJ
cjfa-48232	72	31	to	to	PART
cjfa-48232	72	32	calculate	calculate	VERB
cjfa-48232	72	33	reliable	reliable	ADJ
cjfa-48232	72	34	key	key	ADJ
cjfa-48232	72	35	figures	figure	NOUN
cjfa-48232	72	36	for	for	ADP
cjfa-48232	72	37	the	the	DET
cjfa-48232	72	38	financial	financial	ADJ
cjfa-48232	72	39	performance	performance	NOUN
cjfa-48232	72	40	on	on	ADP
cjfa-48232	72	41	the	the	DET
cjfa-48232	72	42	stock	stock	NOUN
cjfa-48232	72	43	market	market	NOUN
cjfa-48232	72	44	.	.	PUNCT
cjfa-48232	73	1	therefore	therefore	ADV
cjfa-48232	73	2	,	,	PUNCT
cjfa-48232	73	3	remaining	remain	VERB
cjfa-48232	73	4	for	for	ADP
cjfa-48232	73	5	this	this	DET
cjfa-48232	73	6	study	study	NOUN
cjfa-48232	73	7	were	be	AUX
cjfa-48232	73	8	6	6	NUM
cjfa-48232	73	9	companies	company	NOUN
cjfa-48232	73	10	,	,	PUNCT
cjfa-48232	73	11	which	which	PRON
cjfa-48232	73	12	are	be	AUX
cjfa-48232	73	13	described	describe	VERB
cjfa-48232	73	14	in	in	ADP
cjfa-48232	73	15	more	more	ADJ
cjfa-48232	73	16	detail	detail	NOUN
cjfa-48232	73	17	in	in	ADP
cjfa-48232	73	18	the	the	DET
cjfa-48232	73	19	following	follow	VERB
cjfa-48232	73	20	table	table	NOUN
cjfa-48232	73	21	4	4	NUM
cjfa-48232	73	22	.	.	PUNCT
cjfa-48232	73	23	table	table	NOUN
cjfa-48232	73	24	4	4	NUM
cjfa-48232	73	25	.	.	PUNCT
cjfa-48232	73	26	female	female	ADJ
cjfa-48232	73	27	managed	manage	VERB
cjfa-48232	73	28	companies	company	NOUN
cjfa-48232	73	29	considered	consider	VERB
cjfa-48232	73	30	in	in	ADP
cjfa-48232	73	31	this	this	DET
cjfa-48232	73	32	study	study	NOUN
cjfa-48232	73	33	name	name	NOUN
cjfa-48232	73	34	of	of	ADP
cjfa-48232	73	35	company	company	NOUN
cjfa-48232	73	36	business	business	NOUN
cjfa-48232	73	37	field	field	NOUN
cjfa-48232	73	38	location	location	NOUN
cjfa-48232	73	39	of	of	ADP
cjfa-48232	73	40	headquarter	headquarter	ADJ
cjfa-48232	73	41	cewe	cewe	PROPN
cjfa-48232	73	42	stiftung	stiftung	PROPN
cjfa-48232	73	43	&	&	CCONJ
cjfa-48232	73	44	co.	co.	PROPN
cjfa-48232	73	45	kgaa	kgaa	PROPN
cjfa-48232	73	46	photo	photo	PROPN
cjfa-48232	73	47	processing	processing	NOUN
cjfa-48232	73	48	services	service	NOUN
cjfa-48232	73	49	oldenburg	oldenburg	PROPN
cjfa-48232	73	50	covestro	covestro	VERB
cjfa-48232	73	51	ag	ag	PROPN
cjfa-48232	73	52	manufacturing	manufacturing	NOUN
cjfa-48232	73	53	of	of	ADP
cjfa-48232	73	54	polymer	polymer	NOUN
cjfa-48232	73	55	materials	material	NOUN
cjfa-48232	73	56	leverkusen	leverkusen	PROPN
cjfa-48232	73	57	fuchs	fuchs	PROPN
cjfa-48232	73	58	petrolub	petrolub	PROPN
cjfa-48232	73	59	se	se	PROPN
cjfa-48232	73	60	development	development	PROPN
cjfa-48232	73	61	,	,	PUNCT
cjfa-48232	73	62	production	production	NOUN
cjfa-48232	73	63	and	and	CCONJ
cjfa-48232	73	64	supply	supply	NOUN
cjfa-48232	73	65	of	of	ADP
cjfa-48232	73	66	lubricants	lubricant	NOUN
cjfa-48232	73	67	and	and	CCONJ
cjfa-48232	73	68	related	relate	VERB
cjfa-48232	73	69	products	product	NOUN
cjfa-48232	73	70	for	for	ADP
cjfa-48232	73	71	industry	industry	NOUN
cjfa-48232	73	72	mannheim	mannheim	NOUN
cjfa-48232	73	73	hornbach	hornbach	PROPN
cjfa-48232	73	74	holding	hold	VERB
cjfa-48232	73	75	ag	ag	PROPN
cjfa-48232	73	76	&	&	CCONJ
cjfa-48232	73	77	co	co	PROPN
cjfa-48232	73	78	kgaa	kgaa	PROPN
cjfa-48232	73	79	holding	hold	VERB
cjfa-48232	73	80	company	company	NOUN
cjfa-48232	73	81	of	of	ADP
cjfa-48232	73	82	the	the	DET
cjfa-48232	73	83	hornbach	hornbach	PROPN
cjfa-48232	73	84	group	group	NOUN
cjfa-48232	73	85	,	,	PUNCT
cjfa-48232	73	86	whose	whose	DET
cjfa-48232	73	87	subsidiaries	subsidiary	NOUN
cjfa-48232	73	88	are	be	AUX
cjfa-48232	73	89	engaged	engage	VERB
cjfa-48232	73	90	in	in	ADP
cjfa-48232	73	91	the	the	DET
cjfa-48232	73	92	building	building	NOUN
cjfa-48232	73	93	trade	trade	NOUN
cjfa-48232	73	94	,	,	PUNCT
cjfa-48232	73	95	building	building	NOUN
cjfa-48232	73	96	component	component	NOUN
cjfa-48232	73	97	manufacture	manufacture	NOUN
cjfa-48232	73	98	and	and	CCONJ
cjfa-48232	73	99	construction	construction	NOUN
cjfa-48232	73	100	industries	industry	NOUN
cjfa-48232	73	101	.	.	PUNCT
cjfa-48232	74	1	bornheim	bornheim	PROPN
cjfa-48232	74	2	morphosys	morphosys	PROPN
cjfa-48232	74	3	ag	ag	PROPN
cjfa-48232	74	4	global	global	ADJ
cjfa-48232	74	5	commercial	commercial	ADJ
cjfa-48232	74	6	-	-	PUNCT
cjfa-48232	74	7	stage	stage	NOUN
cjfa-48232	74	8	biopharmaceutical	biopharmaceutical	NOUN
cjfa-48232	74	9	company	company	NOUN
cjfa-48232	74	10	planegg	planegg	PROPN
cjfa-48232	74	11	zalando	zalando	PROPN
cjfa-48232	74	12	se	se	PROPN
cjfa-48232	74	13	online	online	PROPN
cjfa-48232	74	14	shoes	shoe	NOUN
cjfa-48232	74	15	and	and	CCONJ
cjfa-48232	74	16	fashion	fashion	NOUN
cjfa-48232	74	17	retailer	retailer	NOUN
cjfa-48232	74	18	berlin	berlin	PROPN
cjfa-48232	74	19	s	s	PART
cjfa-48232	74	20	o	o	NOUN
cjfa-48232	74	21	u	u	NOUN
cjfa-48232	74	22	r	r	NOUN
cjfa-48232	74	23	c	c	NOUN
cjfa-48232	74	24	e	e	NOUN
cjfa-48232	74	25	:	:	PUNCT
cjfa-48232	74	26	own	own	ADJ
cjfa-48232	74	27	study	study	NOUN
cjfa-48232	74	28	based	base	VERB
cjfa-48232	74	29	the	the	DET
cjfa-48232	74	30	refinitiv	refinitiv	PROPN
cjfa-48232	74	31	eikon	eikon	PROPN
cjfa-48232	74	32	database	database	PROPN
cjfa-48232	74	33	as	as	ADV
cjfa-48232	74	34	well	well	ADV
cjfa-48232	74	35	as	as	ADP
cjfa-48232	74	36	public	public	ADJ
cjfa-48232	74	37	available	available	ADJ
cjfa-48232	74	38	company	company	NOUN
cjfa-48232	74	39	information	information	NOUN
cjfa-48232	74	40	(	(	PUNCT
cjfa-48232	74	41	references	reference	NOUN
cjfa-48232	74	42	:	:	PUNCT
cjfa-48232	74	43	see	see	VERB
cjfa-48232	74	44	online	online	ADJ
cjfa-48232	74	45	sources	source	NOUN
cjfa-48232	74	46	)	)	PUNCT
cjfa-48232	74	47	.	.	PUNCT
cjfa-48232	75	1	tanja	tanja	PROPN
cjfa-48232	75	2	sinha8686	sinha8686	PROPN
cjfa-48232	75	3	the	the	DET
cjfa-48232	75	4	financial	financial	ADJ
cjfa-48232	75	5	performance	performance	NOUN
cjfa-48232	75	6	of	of	ADP
cjfa-48232	75	7	these	these	DET
cjfa-48232	75	8	female	female	ADJ
cjfa-48232	75	9	managed	manage	VERB
cjfa-48232	75	10	companies	company	NOUN
cjfa-48232	75	11	will	will	AUX
cjfa-48232	75	12	be	be	AUX
cjfa-48232	75	13	compared	compare	VERB
cjfa-48232	75	14	to	to	ADP
cjfa-48232	75	15	the	the	DET
cjfa-48232	75	16	dax	dax	PROPN
cjfa-48232	75	17	,	,	PUNCT
cjfa-48232	75	18	which	which	PRON
cjfa-48232	75	19	will	will	AUX
cjfa-48232	75	20	be	be	AUX
cjfa-48232	75	21	used	use	VERB
cjfa-48232	75	22	as	as	ADP
cjfa-48232	75	23	a	a	DET
cjfa-48232	75	24	proxy	proxy	NOUN
cjfa-48232	75	25	for	for	ADP
cjfa-48232	75	26	mainly	mainly	ADV
cjfa-48232	75	27	male	male	ADJ
cjfa-48232	75	28	managed	manage	VERB
cjfa-48232	75	29	companies	company	NOUN
cjfa-48232	75	30	.	.	PUNCT
cjfa-48232	76	1	to	to	PART
cjfa-48232	76	2	allow	allow	VERB
cjfa-48232	76	3	a	a	DET
cjfa-48232	76	4	direct	direct	ADJ
cjfa-48232	76	5	comparison	comparison	NOUN
cjfa-48232	76	6	of	of	ADP
cjfa-48232	76	7	key	key	ADJ
cjfa-48232	76	8	figures	figure	NOUN
cjfa-48232	76	9	for	for	ADP
cjfa-48232	76	10	female	female	ADJ
cjfa-48232	76	11	managed	manage	VERB
cjfa-48232	76	12	companies	company	NOUN
cjfa-48232	76	13	and	and	CCONJ
cjfa-48232	76	14	the	the	DET
cjfa-48232	76	15	dax	dax	PROPN
cjfa-48232	76	16	,	,	PUNCT
cjfa-48232	76	17	based	base	VERB
cjfa-48232	76	18	on	on	ADP
cjfa-48232	76	19	the	the	DET
cjfa-48232	76	20	6	6	NUM
cjfa-48232	76	21	female	female	ADJ
cjfa-48232	76	22	managed	manage	VERB
cjfa-48232	76	23	companies	company	NOUN
cjfa-48232	76	24	an	an	DET
cjfa-48232	76	25	index	index	NOUN
cjfa-48232	76	26	will	will	AUX
cjfa-48232	76	27	be	be	AUX
cjfa-48232	76	28	created	create	VERB
cjfa-48232	76	29	.	.	PUNCT
cjfa-48232	77	1	this	this	DET
cjfa-48232	77	2	index	index	NOUN
cjfa-48232	77	3	for	for	ADP
cjfa-48232	77	4	female	female	ADJ
cjfa-48232	77	5	managed	manage	VERB
cjfa-48232	77	6	companies	company	NOUN
cjfa-48232	77	7	will	will	AUX
cjfa-48232	77	8	be	be	AUX
cjfa-48232	77	9	named	name	VERB
cjfa-48232	77	10	fcx	fcx	PROPN
cjfa-48232	77	11	.	.	PROPN
cjfa-48232	78	1	for	for	ADP
cjfa-48232	78	2	comparability	comparability	NOUN
cjfa-48232	78	3	reasons	reason	NOUN
cjfa-48232	78	4	with	with	ADP
cjfa-48232	78	5	the	the	DET
cjfa-48232	78	6	dax	dax	NOUN
cjfa-48232	78	7	this	this	DET
cjfa-48232	78	8	index	index	NOUN
cjfa-48232	78	9	fcx	fcx	PROPN
cjfa-48232	78	10	will	will	AUX
cjfa-48232	78	11	also	also	ADV
cjfa-48232	78	12	be	be	AUX
cjfa-48232	78	13	calculated	calculate	VERB
cjfa-48232	78	14	as	as	ADP
cjfa-48232	78	15	laspeyres	laspeyre	NOUN
cjfa-48232	78	16	index	index	NOUN
cjfa-48232	78	17	using	use	VERB
cjfa-48232	78	18	the	the	DET
cjfa-48232	78	19	following	follow	VERB
cjfa-48232	78	20	formula	formula	NOUN
cjfa-48232	78	21	and	and	CCONJ
cjfa-48232	78	22	basing	base	VERB
cjfa-48232	78	23	the	the	DET
cjfa-48232	78	24	weights	weight	NOUN
cjfa-48232	78	25	of	of	ADP
cjfa-48232	78	26	the	the	DET
cjfa-48232	78	27	individual	individual	ADJ
cjfa-48232	78	28	companies	company	NOUN
cjfa-48232	78	29	on	on	ADP
cjfa-48232	78	30	the	the	DET
cjfa-48232	78	31	market	market	NOUN
cjfa-48232	78	32	value	value	NOUN
cjfa-48232	78	33	of	of	ADP
cjfa-48232	78	34	the	the	DET
cjfa-48232	78	35	free	free	ADJ
cjfa-48232	78	36	float	float	NOUN
cjfa-48232	78	37	:	:	PUNCT
cjfa-48232	78	38	hornbach	hornbach	PROPN
cjfa-48232	78	39	holding	hold	VERB
cjfa-48232	78	40	ag	ag	PROPN
cjfa-48232	78	41	&	&	CCONJ
cjfa-48232	78	42	co	co	PROPN
cjfa-48232	78	43	kgaa	kgaa	PROPN
cjfa-48232	78	44	holding	hold	VERB
cjfa-48232	78	45	company	company	NOUN
cjfa-48232	78	46	of	of	ADP
cjfa-48232	78	47	the	the	DET
cjfa-48232	78	48	hornbach	hornbach	PROPN
cjfa-48232	78	49	group	group	NOUN
cjfa-48232	78	50	,	,	PUNCT
cjfa-48232	78	51	whose	whose	DET
cjfa-48232	78	52	subsidiaries	subsidiary	NOUN
cjfa-48232	78	53	are	be	AUX
cjfa-48232	78	54	engaged	engage	VERB
cjfa-48232	78	55	in	in	ADP
cjfa-48232	78	56	the	the	DET
cjfa-48232	78	57	building	building	NOUN
cjfa-48232	78	58	trade	trade	NOUN
cjfa-48232	78	59	,	,	PUNCT
cjfa-48232	78	60	building	building	NOUN
cjfa-48232	78	61	component	component	NOUN
cjfa-48232	78	62	manufacture	manufacture	NOUN
cjfa-48232	78	63	and	and	CCONJ
cjfa-48232	78	64	construction	construction	NOUN
cjfa-48232	78	65	industries	industry	NOUN
cjfa-48232	78	66	.	.	PUNCT
cjfa-48232	79	1	bornheim	bornheim	PROPN
cjfa-48232	79	2	morphosys	morphosys	PROPN
cjfa-48232	79	3	ag	ag	PROPN
cjfa-48232	79	4	global	global	ADJ
cjfa-48232	79	5	commercial	commercial	ADJ
cjfa-48232	79	6	-	-	PUNCT
cjfa-48232	79	7	stage	stage	NOUN
cjfa-48232	79	8	biopharmaceutical	biopharmaceutical	NOUN
cjfa-48232	79	9	company	company	NOUN
cjfa-48232	79	10	planegg	planegg	PROPN
cjfa-48232	79	11	zalando	zalando	PROPN
cjfa-48232	79	12	se	se	PROPN
cjfa-48232	79	13	online	online	PROPN
cjfa-48232	79	14	shoes	shoe	NOUN
cjfa-48232	79	15	and	and	CCONJ
cjfa-48232	79	16	fashion	fashion	NOUN
cjfa-48232	79	17	retailer	retailer	NOUN
cjfa-48232	79	18	berlin	berlin	PROPN
cjfa-48232	79	19	source	source	NOUN
cjfa-48232	79	20	:	:	PUNCT
cjfa-48232	79	21	own	own	ADJ
cjfa-48232	79	22	study	study	NOUN
cjfa-48232	79	23	based	base	VERB
cjfa-48232	79	24	the	the	DET
cjfa-48232	79	25	refinitiv	refinitiv	PROPN
cjfa-48232	79	26	eikon	eikon	PROPN
cjfa-48232	79	27	database	database	PROPN
cjfa-48232	79	28	as	as	ADV
cjfa-48232	79	29	well	well	ADV
cjfa-48232	79	30	as	as	ADP
cjfa-48232	79	31	public	public	ADJ
cjfa-48232	79	32	available	available	ADJ
cjfa-48232	79	33	company	company	NOUN
cjfa-48232	79	34	information	information	NOUN
cjfa-48232	79	35	(	(	PUNCT
cjfa-48232	79	36	references	reference	NOUN
cjfa-48232	79	37	:	:	PUNCT
cjfa-48232	79	38	see	see	VERB
cjfa-48232	79	39	online	online	ADJ
cjfa-48232	79	40	sources	source	NOUN
cjfa-48232	79	41	)	)	PUNCT
cjfa-48232	79	42	.	.	PUNCT
cjfa-48232	80	1	the	the	DET
cjfa-48232	80	2	financial	financial	ADJ
cjfa-48232	80	3	performance	performance	NOUN
cjfa-48232	80	4	of	of	ADP
cjfa-48232	80	5	these	these	DET
cjfa-48232	80	6	female	female	ADJ
cjfa-48232	80	7	managed	manage	VERB
cjfa-48232	80	8	companies	company	NOUN
cjfa-48232	80	9	will	will	AUX
cjfa-48232	80	10	be	be	AUX
cjfa-48232	80	11	compared	compare	VERB
cjfa-48232	80	12	to	to	ADP
cjfa-48232	80	13	the	the	DET
cjfa-48232	80	14	dax	dax	PROPN
cjfa-48232	80	15	,	,	PUNCT
cjfa-48232	80	16	which	which	PRON
cjfa-48232	80	17	will	will	AUX
cjfa-48232	80	18	be	be	AUX
cjfa-48232	80	19	used	use	VERB
cjfa-48232	80	20	as	as	ADP
cjfa-48232	80	21	a	a	DET
cjfa-48232	80	22	proxy	proxy	NOUN
cjfa-48232	80	23	for	for	ADP
cjfa-48232	80	24	mainly	mainly	ADV
cjfa-48232	80	25	male	male	ADJ
cjfa-48232	80	26	managed	manage	VERB
cjfa-48232	80	27	companies	company	NOUN
cjfa-48232	80	28	.	.	PUNCT
cjfa-48232	81	1	to	to	PART
cjfa-48232	81	2	allow	allow	VERB
cjfa-48232	81	3	a	a	DET
cjfa-48232	81	4	direct	direct	ADJ
cjfa-48232	81	5	comparison	comparison	NOUN
cjfa-48232	81	6	of	of	ADP
cjfa-48232	81	7	key	key	ADJ
cjfa-48232	81	8	figures	figure	NOUN
cjfa-48232	81	9	for	for	ADP
cjfa-48232	81	10	female	female	ADJ
cjfa-48232	81	11	managed	manage	VERB
cjfa-48232	81	12	companies	company	NOUN
cjfa-48232	81	13	and	and	CCONJ
cjfa-48232	81	14	the	the	DET
cjfa-48232	81	15	dax	dax	PROPN
cjfa-48232	81	16	,	,	PUNCT
cjfa-48232	81	17	based	base	VERB
cjfa-48232	81	18	on	on	ADP
cjfa-48232	81	19	the	the	DET
cjfa-48232	81	20	6	6	NUM
cjfa-48232	81	21	female	female	ADJ
cjfa-48232	81	22	managed	manage	VERB
cjfa-48232	81	23	companies	company	NOUN
cjfa-48232	81	24	an	an	DET
cjfa-48232	81	25	index	index	NOUN
cjfa-48232	81	26	will	will	AUX
cjfa-48232	81	27	be	be	AUX
cjfa-48232	81	28	created	create	VERB
cjfa-48232	81	29	.	.	PUNCT
cjfa-48232	82	1	this	this	DET
cjfa-48232	82	2	index	index	NOUN
cjfa-48232	82	3	for	for	ADP
cjfa-48232	82	4	female	female	ADJ
cjfa-48232	82	5	managed	manage	VERB
cjfa-48232	82	6	companies	company	NOUN
cjfa-48232	82	7	will	will	AUX
cjfa-48232	82	8	be	be	AUX
cjfa-48232	82	9	named	name	VERB
cjfa-48232	82	10	fcx	fcx	PROPN
cjfa-48232	82	11	.	.	PROPN
cjfa-48232	83	1	for	for	ADP
cjfa-48232	83	2	comparability	comparability	NOUN
cjfa-48232	83	3	reasons	reason	NOUN
cjfa-48232	83	4	with	with	ADP
cjfa-48232	83	5	the	the	DET
cjfa-48232	83	6	dax	dax	NOUN
cjfa-48232	83	7	this	this	DET
cjfa-48232	83	8	index	index	NOUN
cjfa-48232	83	9	fcx	fcx	PROPN
cjfa-48232	83	10	will	will	AUX
cjfa-48232	83	11	also	also	ADV
cjfa-48232	83	12	be	be	AUX
cjfa-48232	83	13	calculated	calculate	VERB
cjfa-48232	83	14	as	as	ADP
cjfa-48232	83	15	laspeyres	laspeyre	NOUN
cjfa-48232	83	16	index	index	NOUN
cjfa-48232	83	17	using	use	VERB
cjfa-48232	83	18	the	the	DET
cjfa-48232	83	19	following	follow	VERB
cjfa-48232	83	20	formula	formula	NOUN
cjfa-48232	83	21	and	and	CCONJ
cjfa-48232	83	22	basing	base	VERB
cjfa-48232	83	23	the	the	DET
cjfa-48232	83	24	weights	weight	NOUN
cjfa-48232	83	25	of	of	ADP
cjfa-48232	83	26	the	the	DET
cjfa-48232	83	27	individual	individual	ADJ
cjfa-48232	83	28	companies	company	NOUN
cjfa-48232	83	29	on	on	ADP
cjfa-48232	83	30	the	the	DET
cjfa-48232	83	31	market	market	NOUN
cjfa-48232	83	32	value	value	NOUN
cjfa-48232	83	33	of	of	ADP
cjfa-48232	83	34	the	the	DET
cjfa-48232	83	35	free	free	ADJ
cjfa-48232	83	36	float	float	NOUN
cjfa-48232	83	37	:	:	PUNCT
cjfa-48232	83	38	𝐹𝐹𝐹𝐹𝐹𝐹	𝐹𝐹𝐹𝐹𝐹𝐹	PROPN
cjfa-48232	83	39	�	�	PROPN
cjfa-48232	83	40	�	�	PROPN
cjfa-48232	83	41	∑	∑	PROPN
cjfa-48232	83	42	�	�	PROPN
cjfa-48232	83	43	�	�	PROPN
cjfa-48232	83	44	�	�	PROPN
cjfa-48232	83	45	�	�	PROPN
cjfa-48232	83	46	�	�	PROPN
cjfa-48232	83	47	�	�	PROPN
cjfa-48232	83	48	�	�	PROPN
cjfa-48232	83	49	�	�	PROPN
cjfa-48232	83	50	�	�	PROPN
cjfa-48232	83	51	�	�	PROPN
cjfa-48232	83	52	�	�	PROPN
cjfa-48232	83	53	∑	∑	PUNCT
cjfa-48232	83	54	�	�	PROPN
cjfa-48232	83	55	�	�	PROPN
cjfa-48232	83	56	�	�	PROPN
cjfa-48232	83	57	�	�	PROPN
cjfa-48232	83	58	�	�	PROPN
cjfa-48232	83	59	�	�	PROPN
cjfa-48232	83	60	�	�	PROPN
cjfa-48232	83	61	�	�	PROPN
cjfa-48232	83	62	�	�	PROPN
cjfa-48232	83	63	�	�	PROPN
cjfa-48232	83	64	�	�	PROPN
cjfa-48232	83	65	(	(	PUNCT
cjfa-48232	83	66	1	1	NUM
cjfa-48232	83	67	)	)	PUNCT
cjfa-48232	83	68	𝐹𝐹𝐹𝐹𝐹𝐹	𝐹𝐹𝐹𝐹𝐹𝐹	NOUN
cjfa-48232	83	69	�	�	PROPN
cjfa-48232	83	70	is	be	AUX
cjfa-48232	83	71	the	the	DET
cjfa-48232	83	72	index	index	NOUN
cjfa-48232	83	73	for	for	ADP
cjfa-48232	83	74	german	german	ADJ
cjfa-48232	83	75	female	female	ADJ
cjfa-48232	83	76	managed	manage	VERB
cjfa-48232	83	77	companies	company	NOUN
cjfa-48232	83	78	at	at	ADP
cjfa-48232	83	79	day	day	NOUN
cjfa-48232	83	80	t	t	PROPN
cjfa-48232	83	81	,	,	PUNCT
cjfa-48232	83	82	𝑐𝑐	𝑐𝑐	PROPN
cjfa-48232	83	83	�	�	PROPN
cjfa-48232	83	84	�	�	PROPN
cjfa-48232	83	85	is	be	AUX
cjfa-48232	83	86	the	the	DET
cjfa-48232	83	87	market	market	NOUN
cjfa-48232	83	88	capitalisation	capitalisation	NOUN
cjfa-48232	83	89	based	base	VERB
cjfa-48232	83	90	on	on	ADP
cjfa-48232	83	91	the	the	DET
cjfa-48232	83	92	free	free	ADJ
cjfa-48232	83	93	float	float	NOUN
cjfa-48232	83	94	for	for	ADP
cjfa-48232	83	95	company	company	NOUN
cjfa-48232	83	96	j	j	PROPN
cjfa-48232	83	97	at	at	ADP
cjfa-48232	83	98	day	day	NOUN
cjfa-48232	83	99	0	0	NUM
cjfa-48232	83	100	and	and	CCONJ
cjfa-48232	83	101	𝑝𝑝	𝑝𝑝	PROPN
cjfa-48232	83	102	�	�	PROPN
cjfa-48232	83	103	�	�	PROPN
cjfa-48232	83	104	is	be	AUX
cjfa-48232	83	105	the	the	DET
cjfa-48232	83	106	stock	stock	NOUN
cjfa-48232	83	107	price	price	NOUN
cjfa-48232	83	108	of	of	ADP
cjfa-48232	83	109	company	company	NOUN
cjfa-48232	83	110	j	j	PROPN
cjfa-48232	83	111	at	at	ADP
cjfa-48232	83	112	day	day	NOUN
cjfa-48232	83	113	0	0	NUM
cjfa-48232	83	114	.	.	PUNCT
cjfa-48232	84	1	market	market	NOUN
cjfa-48232	84	2	data	datum	NOUN
cjfa-48232	84	3	and	and	CCONJ
cjfa-48232	84	4	daily	daily	ADJ
cjfa-48232	84	5	stock	stock	NOUN
cjfa-48232	84	6	returns	return	NOUN
cjfa-48232	84	7	are	be	AUX
cjfa-48232	84	8	retrieved	retrieve	VERB
cjfa-48232	84	9	from	from	ADP
cjfa-48232	84	10	the	the	DET
cjfa-48232	84	11	refinitiv	refinitiv	PROPN
cjfa-48232	84	12	datastream	datastream	NOUN
cjfa-48232	84	13	database	database	NOUN
cjfa-48232	84	14	.	.	PUNCT
cjfa-48232	85	1	all	all	DET
cjfa-48232	85	2	data	datum	NOUN
cjfa-48232	85	3	is	be	AUX
cjfa-48232	85	4	chosen	choose	VERB
cjfa-48232	85	5	to	to	PART
cjfa-48232	85	6	include	include	VERB
cjfa-48232	85	7	capital	capital	NOUN
cjfa-48232	85	8	measures	measure	NOUN
cjfa-48232	85	9	such	such	ADJ
cjfa-48232	85	10	as	as	ADP
cjfa-48232	85	11	dividends	dividend	NOUN
cjfa-48232	85	12	and	and	CCONJ
cjfa-48232	85	13	therefore	therefore	ADV
cjfa-48232	85	14	show	show	VERB
cjfa-48232	85	15	the	the	DET
cjfa-48232	85	16	total	total	ADJ
cjfa-48232	85	17	return	return	NOUN
cjfa-48232	85	18	of	of	ADP
cjfa-48232	85	19	the	the	DET
cjfa-48232	85	20	stocks	stock	NOUN
cjfa-48232	85	21	as	as	ADV
cjfa-48232	85	22	well	well	ADV
cjfa-48232	85	23	as	as	ADP
cjfa-48232	85	24	of	of	ADP
cjfa-48232	85	25	the	the	DET
cjfa-48232	85	26	dax	dax	PROPN
cjfa-48232	85	27	.	.	PUNCT
cjfa-48232	85	28	to	to	PART
cjfa-48232	85	29	examine	examine	VERB
cjfa-48232	85	30	the	the	DET
cjfa-48232	85	31	financial	financial	ADJ
cjfa-48232	85	32	performance	performance	NOUN
cjfa-48232	85	33	of	of	ADP
cjfa-48232	85	34	the	the	DET
cjfa-48232	85	35	companies	company	NOUN
cjfa-48232	85	36	in	in	ADP
cjfa-48232	85	37	terms	term	NOUN
cjfa-48232	85	38	of	of	ADP
cjfa-48232	85	39	the	the	DET
cjfa-48232	85	40	fcx	fcx	NOUN
cjfa-48232	85	41	and	and	CCONJ
cjfa-48232	85	42	to	to	PART
cjfa-48232	85	43	compare	compare	VERB
cjfa-48232	85	44	them	they	PRON
cjfa-48232	85	45	with	with	ADP
cjfa-48232	85	46	the	the	DET
cjfa-48232	85	47	results	result	NOUN
cjfa-48232	85	48	from	from	ADP
cjfa-48232	85	49	the	the	DET
cjfa-48232	85	50	german	german	NOUN
cjfa-48232	85	51	dax	dax	VERB
cjfa-48232	85	52	the	the	DET
cjfa-48232	85	53	following	follow	VERB
cjfa-48232	85	54	key	key	ADJ
cjfa-48232	85	55	figures	figure	NOUN
cjfa-48232	85	56	will	will	AUX
cjfa-48232	85	57	be	be	AUX
cjfa-48232	85	58	calculated	calculate	VERB
cjfa-48232	85	59	and	and	CCONJ
cjfa-48232	85	60	analysed	analyse	VERB
cjfa-48232	85	61	:	:	PUNCT
cjfa-48232	85	62	return	return	NOUN
cjfa-48232	85	63	as	as	ADV
cjfa-48232	85	64	well	well	ADV
cjfa-48232	85	65	as	as	ADP
cjfa-48232	85	66	risk	risk	NOUN
cjfa-48232	85	67	(	(	PUNCT
cjfa-48232	85	68	in	in	ADP
cjfa-48232	85	69	terms	term	NOUN
cjfa-48232	85	70	of	of	ADP
cjfa-48232	85	71	volatility	volatility	NOUN
cjfa-48232	85	72	,	,	PUNCT
cjfa-48232	85	73	beta	beta	NOUN
cjfa-48232	85	74	,	,	PUNCT
cjfa-48232	85	75	maximum	maximum	ADJ
cjfa-48232	85	76	oneday	oneday	ADJ
cjfa-48232	85	77	-	-	PUNCT
cjfa-48232	85	78	loss	loss	NOUN
cjfa-48232	85	79	and	and	CCONJ
cjfa-48232	85	80	value	value	NOUN
cjfa-48232	85	81	at	at	ADP
cjfa-48232	85	82	risk	risk	NOUN
cjfa-48232	85	83	)	)	PUNCT
cjfa-48232	85	84	and	and	CCONJ
cjfa-48232	85	85	also	also	ADV
cjfa-48232	85	86	the	the	DET
cjfa-48232	85	87	sharpe	sharpe	NOUN
cjfa-48232	85	88	-	-	PUNCT
cjfa-48232	85	89	ratio	ratio	NOUN
cjfa-48232	85	90	as	as	ADP
cjfa-48232	85	91	combination	combination	NOUN
cjfa-48232	85	92	of	of	ADP
cjfa-48232	85	93	return	return	NOUN
cjfa-48232	85	94	and	and	CCONJ
cjfa-48232	85	95	risk	risk	NOUN
cjfa-48232	85	96	and	and	CCONJ
cjfa-48232	85	97	therefore	therefore	ADV
cjfa-48232	85	98	showing	show	VERB
cjfa-48232	85	99	the	the	DET
cjfa-48232	85	100	performance	performance	NOUN
cjfa-48232	85	101	of	of	ADP
cjfa-48232	85	102	an	an	DET
cjfa-48232	85	103	investment	investment	NOUN
cjfa-48232	85	104	.	.	PUNCT
cjfa-48232	86	1	accounting	accounting	NOUN
cjfa-48232	86	2	measures	measure	NOUN
cjfa-48232	86	3	,	,	PUNCT
cjfa-48232	86	4	such	such	ADJ
cjfa-48232	86	5	as	as	ADP
cjfa-48232	86	6	return	return	NOUN
cjfa-48232	86	7	-	-	PUNCT
cjfa-48232	86	8	on	on	ADP
cjfa-48232	86	9	-	-	PUNCT
cjfa-48232	86	10	equity	equity	NOUN
cjfa-48232	86	11	or	or	CCONJ
cjfa-48232	86	12	tobin	tobin	NOUN
cjfa-48232	86	13	’s	’s	PART
cjfa-48232	86	14	q	q	X
cjfa-48232	86	15	,	,	PUNCT
cjfa-48232	86	16	which	which	PRON
cjfa-48232	86	17	are	be	AUX
cjfa-48232	86	18	often	often	ADV
cjfa-48232	86	19	used	use	VERB
cjfa-48232	86	20	to	to	PART
cjfa-48232	86	21	measure	measure	VERB
cjfa-48232	86	22	a	a	DET
cjfa-48232	86	23	firm	firm	NOUN
cjfa-48232	86	24	’s	’s	PART
cjfa-48232	86	25	performance	performance	NOUN
cjfa-48232	86	26	,	,	PUNCT
cjfa-48232	86	27	will	will	AUX
cjfa-48232	86	28	not	not	PART
cjfa-48232	86	29	be	be	AUX
cjfa-48232	86	30	considered	consider	VERB
cjfa-48232	86	31	as	as	SCONJ
cjfa-48232	86	32	they	they	PRON
cjfa-48232	86	33	are	be	AUX
cjfa-48232	86	34	based	base	VERB
cjfa-48232	86	35	on	on	ADP
cjfa-48232	86	36	accounting	accounting	NOUN
cjfa-48232	86	37	numbers	number	NOUN
cjfa-48232	86	38	at	at	ADP
cjfa-48232	86	39	a	a	DET
cjfa-48232	86	40	single	single	ADJ
cjfa-48232	86	41	point	point	NOUN
cjfa-48232	86	42	in	in	ADP
cjfa-48232	86	43	time	time	NOUN
cjfa-48232	86	44	and	and	CCONJ
cjfa-48232	86	45	therefore	therefore	ADV
cjfa-48232	86	46	are	be	AUX
cjfa-48232	86	47	not	not	PART
cjfa-48232	86	48	suitable	suitable	ADJ
cjfa-48232	86	49	to	to	PART
cjfa-48232	86	50	analyse	analyse	VERB
cjfa-48232	86	51	the	the	DET
cjfa-48232	86	52	development	development	NOUN
cjfa-48232	86	53	over	over	ADP
cjfa-48232	86	54	a	a	DET
cjfa-48232	86	55	certain	certain	ADJ
cjfa-48232	86	56	period	period	NOUN
cjfa-48232	86	57	or	or	CCONJ
cjfa-48232	86	58	the	the	DET
cjfa-48232	86	59	performance	performance	NOUN
cjfa-48232	86	60	on	on	ADP
cjfa-48232	86	61	the	the	DET
cjfa-48232	86	62	stock	stock	NOUN
cjfa-48232	86	63	market	market	NOUN
cjfa-48232	86	64	.	.	PUNCT
cjfa-48232	87	1	all	all	DET
cjfa-48232	87	2	financial	financial	ADJ
cjfa-48232	87	3	key	key	ADJ
cjfa-48232	87	4	figures	figure	NOUN
cjfa-48232	87	5	will	will	AUX
cjfa-48232	87	6	be	be	AUX
cjfa-48232	87	7	examined	examine	VERB
cjfa-48232	87	8	over	over	ADP
cjfa-48232	87	9	6	6	NUM
cjfa-48232	87	10	years	year	NOUN
cjfa-48232	87	11	from	from	ADP
cjfa-48232	87	12	2017	2017	NUM
cjfa-48232	87	13	to	to	ADP
cjfa-48232	87	14	2022	2022	NUM
cjfa-48232	87	15	,	,	PUNCT
cjfa-48232	87	16	which	which	PRON
cjfa-48232	87	17	is	be	AUX
cjfa-48232	87	18	a	a	DET
cjfa-48232	87	19	three	three	NUM
cjfa-48232	87	20	-	-	PUNCT
cjfa-48232	87	21	year	year	NOUN
cjfa-48232	87	22	period	period	NOUN
cjfa-48232	87	23	before	before	ADP
cjfa-48232	87	24	the	the	DET
cjfa-48232	87	25	covid	covid	NOUN
cjfa-48232	87	26	-	-	ADJ
cjfa-48232	87	27	pandemic	pandemic	ADJ
cjfa-48232	87	28	and	and	CCONJ
cjfa-48232	87	29	a	a	DET
cjfa-48232	87	30	three	three	NUM
cjfa-48232	87	31	-	-	PUNCT
cjfa-48232	87	32	year	year	NOUN
cjfa-48232	87	33	period	period	NOUN
cjfa-48232	87	34	after	after	ADP
cjfa-48232	87	35	the	the	DET
cjfa-48232	87	36	start	start	NOUN
cjfa-48232	87	37	in	in	ADP
cjfa-48232	87	38	the	the	DET
cjfa-48232	87	39	beginning	beginning	NOUN
cjfa-48232	87	40	of	of	ADP
cjfa-48232	87	41	2020	2020	NUM
cjfa-48232	87	42	.	.	PUNCT
cjfa-48232	88	1	this	this	PRON
cjfa-48232	88	2	enables	enable	VERB
cjfa-48232	88	3	to	to	PART
cjfa-48232	88	4	show	show	VERB
cjfa-48232	88	5	the	the	DET
cjfa-48232	88	6	effects	effect	NOUN
cjfa-48232	88	7	of	of	ADP
cjfa-48232	88	8	the	the	DET
cjfa-48232	88	9	crises	crisis	NOUN
cjfa-48232	88	10	in	in	ADP
cjfa-48232	88	11	comparison	comparison	NOUN
cjfa-48232	88	12	to	to	ADP
cjfa-48232	88	13	the	the	DET
cjfa-48232	88	14	rather	rather	ADJ
cjfa-48232	88	15	(	(	PUNCT
cjfa-48232	88	16	1	1	X
cjfa-48232	88	17	)	)	PUNCT
cjfa-48232	88	18	fcxt	fcxt	NOUN
cjfa-48232	88	19	is	be	AUX
cjfa-48232	88	20	the	the	DET
cjfa-48232	88	21	index	index	NOUN
cjfa-48232	88	22	for	for	ADP
cjfa-48232	88	23	german	german	ADJ
cjfa-48232	88	24	female	female	ADJ
cjfa-48232	88	25	managed	manage	VERB
cjfa-48232	88	26	companies	company	NOUN
cjfa-48232	88	27	at	at	ADP
cjfa-48232	88	28	day	day	NOUN
cjfa-48232	88	29	t	t	PROPN
cjfa-48232	88	30	,	,	PUNCT
cjfa-48232	88	31	hornbach	hornbach	NOUN
cjfa-48232	88	32	holding	hold	VERB
cjfa-48232	88	33	ag	ag	PROPN
cjfa-48232	88	34	&	&	CCONJ
cjfa-48232	88	35	co	co	PROPN
cjfa-48232	88	36	kgaa	kgaa	PROPN
cjfa-48232	88	37	holding	hold	VERB
cjfa-48232	88	38	company	company	NOUN
cjfa-48232	88	39	of	of	ADP
cjfa-48232	88	40	the	the	DET
cjfa-48232	88	41	hornbach	hornbach	PROPN
cjfa-48232	88	42	group	group	NOUN
cjfa-48232	88	43	,	,	PUNCT
cjfa-48232	88	44	whose	whose	DET
cjfa-48232	88	45	subsidiaries	subsidiary	NOUN
cjfa-48232	88	46	are	be	AUX
cjfa-48232	88	47	engaged	engage	VERB
cjfa-48232	88	48	in	in	ADP
cjfa-48232	88	49	the	the	DET
cjfa-48232	88	50	building	building	NOUN
cjfa-48232	88	51	trade	trade	NOUN
cjfa-48232	88	52	,	,	PUNCT
cjfa-48232	88	53	building	building	NOUN
cjfa-48232	88	54	component	component	NOUN
cjfa-48232	88	55	manufacture	manufacture	NOUN
cjfa-48232	88	56	and	and	CCONJ
cjfa-48232	88	57	construction	construction	NOUN
cjfa-48232	88	58	industries	industry	NOUN
cjfa-48232	88	59	.	.	PUNCT
cjfa-48232	89	1	bornheim	bornheim	PROPN
cjfa-48232	89	2	morphosys	morphosys	PROPN
cjfa-48232	89	3	ag	ag	PROPN
cjfa-48232	89	4	global	global	ADJ
cjfa-48232	89	5	commercial	commercial	ADJ
cjfa-48232	89	6	-	-	PUNCT
cjfa-48232	89	7	stage	stage	NOUN
cjfa-48232	89	8	biopharmaceutical	biopharmaceutical	NOUN
cjfa-48232	89	9	company	company	NOUN
cjfa-48232	89	10	planegg	planegg	PROPN
cjfa-48232	89	11	zalando	zalando	PROPN
cjfa-48232	89	12	se	se	PROPN
cjfa-48232	89	13	online	online	PROPN
cjfa-48232	89	14	shoes	shoe	NOUN
cjfa-48232	89	15	and	and	CCONJ
cjfa-48232	89	16	fashion	fashion	NOUN
cjfa-48232	89	17	retailer	retailer	NOUN
cjfa-48232	89	18	berlin	berlin	PROPN
cjfa-48232	89	19	source	source	NOUN
cjfa-48232	89	20	:	:	PUNCT
cjfa-48232	89	21	own	own	ADJ
cjfa-48232	89	22	study	study	NOUN
cjfa-48232	89	23	based	base	VERB
cjfa-48232	89	24	the	the	DET
cjfa-48232	89	25	refinitiv	refinitiv	PROPN
cjfa-48232	89	26	eikon	eikon	PROPN
cjfa-48232	89	27	database	database	PROPN
cjfa-48232	89	28	as	as	ADV
cjfa-48232	89	29	well	well	ADV
cjfa-48232	89	30	as	as	ADP
cjfa-48232	89	31	public	public	ADJ
cjfa-48232	89	32	available	available	ADJ
cjfa-48232	89	33	company	company	NOUN
cjfa-48232	89	34	information	information	NOUN
cjfa-48232	89	35	(	(	PUNCT
cjfa-48232	89	36	references	reference	NOUN
cjfa-48232	89	37	:	:	PUNCT
cjfa-48232	89	38	see	see	VERB
cjfa-48232	89	39	online	online	ADJ
cjfa-48232	89	40	sources	source	NOUN
cjfa-48232	89	41	)	)	PUNCT
cjfa-48232	89	42	.	.	PUNCT
cjfa-48232	90	1	the	the	DET
cjfa-48232	90	2	financial	financial	ADJ
cjfa-48232	90	3	performance	performance	NOUN
cjfa-48232	90	4	of	of	ADP
cjfa-48232	90	5	these	these	DET
cjfa-48232	90	6	female	female	ADJ
cjfa-48232	90	7	managed	manage	VERB
cjfa-48232	90	8	companies	company	NOUN
cjfa-48232	90	9	will	will	AUX
cjfa-48232	90	10	be	be	AUX
cjfa-48232	90	11	compared	compare	VERB
cjfa-48232	90	12	to	to	ADP
cjfa-48232	90	13	the	the	DET
cjfa-48232	90	14	dax	dax	PROPN
cjfa-48232	90	15	,	,	PUNCT
cjfa-48232	90	16	which	which	PRON
cjfa-48232	90	17	will	will	AUX
cjfa-48232	90	18	be	be	AUX
cjfa-48232	90	19	used	use	VERB
cjfa-48232	90	20	as	as	ADP
cjfa-48232	90	21	a	a	DET
cjfa-48232	90	22	proxy	proxy	NOUN
cjfa-48232	90	23	for	for	ADP
cjfa-48232	90	24	mainly	mainly	ADV
cjfa-48232	90	25	male	male	ADJ
cjfa-48232	90	26	managed	manage	VERB
cjfa-48232	90	27	companies	company	NOUN
cjfa-48232	90	28	.	.	PUNCT
cjfa-48232	91	1	to	to	PART
cjfa-48232	91	2	allow	allow	VERB
cjfa-48232	91	3	a	a	DET
cjfa-48232	91	4	direct	direct	ADJ
cjfa-48232	91	5	comparison	comparison	NOUN
cjfa-48232	91	6	of	of	ADP
cjfa-48232	91	7	key	key	ADJ
cjfa-48232	91	8	figures	figure	NOUN
cjfa-48232	91	9	for	for	ADP
cjfa-48232	91	10	female	female	ADJ
cjfa-48232	91	11	managed	manage	VERB
cjfa-48232	91	12	companies	company	NOUN
cjfa-48232	91	13	and	and	CCONJ
cjfa-48232	91	14	the	the	DET
cjfa-48232	91	15	dax	dax	PROPN
cjfa-48232	91	16	,	,	PUNCT
cjfa-48232	91	17	based	base	VERB
cjfa-48232	91	18	on	on	ADP
cjfa-48232	91	19	the	the	DET
cjfa-48232	91	20	6	6	NUM
cjfa-48232	91	21	female	female	ADJ
cjfa-48232	91	22	managed	manage	VERB
cjfa-48232	91	23	companies	company	NOUN
cjfa-48232	91	24	an	an	DET
cjfa-48232	91	25	index	index	NOUN
cjfa-48232	91	26	will	will	AUX
cjfa-48232	91	27	be	be	AUX
cjfa-48232	91	28	created	create	VERB
cjfa-48232	91	29	.	.	PUNCT
cjfa-48232	92	1	this	this	DET
cjfa-48232	92	2	index	index	NOUN
cjfa-48232	92	3	for	for	ADP
cjfa-48232	92	4	female	female	ADJ
cjfa-48232	92	5	managed	manage	VERB
cjfa-48232	92	6	companies	company	NOUN
cjfa-48232	92	7	will	will	AUX
cjfa-48232	92	8	be	be	AUX
cjfa-48232	92	9	named	name	VERB
cjfa-48232	92	10	fcx	fcx	PROPN
cjfa-48232	92	11	.	.	PROPN
cjfa-48232	93	1	for	for	ADP
cjfa-48232	93	2	comparability	comparability	NOUN
cjfa-48232	93	3	reasons	reason	NOUN
cjfa-48232	93	4	with	with	ADP
cjfa-48232	93	5	the	the	DET
cjfa-48232	93	6	dax	dax	NOUN
cjfa-48232	93	7	this	this	DET
cjfa-48232	93	8	index	index	NOUN
cjfa-48232	93	9	fcx	fcx	PROPN
cjfa-48232	93	10	will	will	AUX
cjfa-48232	93	11	also	also	ADV
cjfa-48232	93	12	be	be	AUX
cjfa-48232	93	13	calculated	calculate	VERB
cjfa-48232	93	14	as	as	ADP
cjfa-48232	93	15	laspeyres	laspeyre	NOUN
cjfa-48232	93	16	index	index	NOUN
cjfa-48232	93	17	using	use	VERB
cjfa-48232	93	18	the	the	DET
cjfa-48232	93	19	following	follow	VERB
cjfa-48232	93	20	formula	formula	NOUN
cjfa-48232	93	21	and	and	CCONJ
cjfa-48232	93	22	basing	base	VERB
cjfa-48232	93	23	the	the	DET
cjfa-48232	93	24	weights	weight	NOUN
cjfa-48232	93	25	of	of	ADP
cjfa-48232	93	26	the	the	DET
cjfa-48232	93	27	individual	individual	ADJ
cjfa-48232	93	28	companies	company	NOUN
cjfa-48232	93	29	on	on	ADP
cjfa-48232	93	30	the	the	DET
cjfa-48232	93	31	market	market	NOUN
cjfa-48232	93	32	value	value	NOUN
cjfa-48232	93	33	of	of	ADP
cjfa-48232	93	34	the	the	DET
cjfa-48232	93	35	free	free	ADJ
cjfa-48232	93	36	float	float	NOUN
cjfa-48232	93	37	:	:	PUNCT
cjfa-48232	93	38	𝐹𝐹𝐹𝐹𝐹𝐹	𝐹𝐹𝐹𝐹𝐹𝐹	PROPN
cjfa-48232	93	39	�	�	PROPN
cjfa-48232	93	40	�	�	PROPN
cjfa-48232	93	41	∑	∑	PROPN
cjfa-48232	93	42	�	�	PROPN
cjfa-48232	93	43	�	�	PROPN
cjfa-48232	93	44	�	�	PROPN
cjfa-48232	93	45	�	�	PROPN
cjfa-48232	93	46	�	�	PROPN
cjfa-48232	93	47	�	�	PROPN
cjfa-48232	93	48	�	�	PROPN
cjfa-48232	93	49	�	�	PROPN
cjfa-48232	93	50	�	�	PROPN
cjfa-48232	93	51	�	�	PROPN
cjfa-48232	93	52	�	�	PROPN
cjfa-48232	93	53	∑	∑	PUNCT
cjfa-48232	93	54	�	�	PROPN
cjfa-48232	93	55	�	�	PROPN
cjfa-48232	93	56	�	�	PROPN
cjfa-48232	93	57	�	�	PROPN
cjfa-48232	93	58	�	�	PROPN
cjfa-48232	93	59	�	�	PROPN
cjfa-48232	93	60	�	�	PROPN
cjfa-48232	93	61	�	�	PROPN
cjfa-48232	93	62	�	�	PROPN
cjfa-48232	93	63	�	�	PROPN
cjfa-48232	93	64	�	�	PROPN
cjfa-48232	93	65	(	(	PUNCT
cjfa-48232	93	66	1	1	NUM
cjfa-48232	93	67	)	)	PUNCT
cjfa-48232	93	68	𝐹𝐹𝐹𝐹𝐹𝐹	𝐹𝐹𝐹𝐹𝐹𝐹	NOUN
cjfa-48232	93	69	�	�	PROPN
cjfa-48232	93	70	is	be	AUX
cjfa-48232	93	71	the	the	DET
cjfa-48232	93	72	index	index	NOUN
cjfa-48232	93	73	for	for	ADP
cjfa-48232	93	74	german	german	ADJ
cjfa-48232	93	75	female	female	ADJ
cjfa-48232	93	76	managed	manage	VERB
cjfa-48232	93	77	companies	company	NOUN
cjfa-48232	93	78	at	at	ADP
cjfa-48232	93	79	day	day	NOUN
cjfa-48232	93	80	t	t	PROPN
cjfa-48232	93	81	,	,	PUNCT
cjfa-48232	93	82	𝑐𝑐	𝑐𝑐	PROPN
cjfa-48232	93	83	�	�	PROPN
cjfa-48232	93	84	�	�	PROPN
cjfa-48232	93	85	is	be	AUX
cjfa-48232	93	86	the	the	DET
cjfa-48232	93	87	market	market	NOUN
cjfa-48232	93	88	capitalisation	capitalisation	NOUN
cjfa-48232	93	89	based	base	VERB
cjfa-48232	93	90	on	on	ADP
cjfa-48232	93	91	the	the	DET
cjfa-48232	93	92	free	free	ADJ
cjfa-48232	93	93	float	float	NOUN
cjfa-48232	93	94	for	for	ADP
cjfa-48232	93	95	company	company	NOUN
cjfa-48232	93	96	j	j	PROPN
cjfa-48232	93	97	at	at	ADP
cjfa-48232	93	98	day	day	NOUN
cjfa-48232	93	99	0	0	NUM
cjfa-48232	93	100	and	and	CCONJ
cjfa-48232	93	101	𝑝𝑝	𝑝𝑝	PROPN
cjfa-48232	93	102	�	�	PROPN
cjfa-48232	93	103	�	�	PROPN
cjfa-48232	93	104	is	be	AUX
cjfa-48232	93	105	the	the	DET
cjfa-48232	93	106	stock	stock	NOUN
cjfa-48232	93	107	price	price	NOUN
cjfa-48232	93	108	of	of	ADP
cjfa-48232	93	109	company	company	NOUN
cjfa-48232	93	110	j	j	PROPN
cjfa-48232	93	111	at	at	ADP
cjfa-48232	93	112	day	day	NOUN
cjfa-48232	93	113	0	0	NUM
cjfa-48232	93	114	.	.	PUNCT
cjfa-48232	94	1	market	market	NOUN
cjfa-48232	94	2	data	datum	NOUN
cjfa-48232	94	3	and	and	CCONJ
cjfa-48232	94	4	daily	daily	ADJ
cjfa-48232	94	5	stock	stock	NOUN
cjfa-48232	94	6	returns	return	NOUN
cjfa-48232	94	7	are	be	AUX
cjfa-48232	94	8	retrieved	retrieve	VERB
cjfa-48232	94	9	from	from	ADP
cjfa-48232	94	10	the	the	DET
cjfa-48232	94	11	refinitiv	refinitiv	PROPN
cjfa-48232	94	12	datastream	datastream	NOUN
cjfa-48232	94	13	database	database	NOUN
cjfa-48232	94	14	.	.	PUNCT
cjfa-48232	95	1	all	all	DET
cjfa-48232	95	2	data	datum	NOUN
cjfa-48232	95	3	is	be	AUX
cjfa-48232	95	4	chosen	choose	VERB
cjfa-48232	95	5	to	to	PART
cjfa-48232	95	6	include	include	VERB
cjfa-48232	95	7	capital	capital	NOUN
cjfa-48232	95	8	measures	measure	NOUN
cjfa-48232	95	9	such	such	ADJ
cjfa-48232	95	10	as	as	ADP
cjfa-48232	95	11	dividends	dividend	NOUN
cjfa-48232	95	12	and	and	CCONJ
cjfa-48232	95	13	therefore	therefore	ADV
cjfa-48232	95	14	show	show	VERB
cjfa-48232	95	15	the	the	DET
cjfa-48232	95	16	total	total	ADJ
cjfa-48232	95	17	return	return	NOUN
cjfa-48232	95	18	of	of	ADP
cjfa-48232	95	19	the	the	DET
cjfa-48232	95	20	stocks	stock	NOUN
cjfa-48232	95	21	as	as	ADV
cjfa-48232	95	22	well	well	ADV
cjfa-48232	95	23	as	as	ADP
cjfa-48232	95	24	of	of	ADP
cjfa-48232	95	25	the	the	DET
cjfa-48232	95	26	dax	dax	PROPN
cjfa-48232	95	27	.	.	PUNCT
cjfa-48232	95	28	to	to	PART
cjfa-48232	95	29	examine	examine	VERB
cjfa-48232	95	30	the	the	DET
cjfa-48232	95	31	financial	financial	ADJ
cjfa-48232	95	32	performance	performance	NOUN
cjfa-48232	95	33	of	of	ADP
cjfa-48232	95	34	the	the	DET
cjfa-48232	95	35	companies	company	NOUN
cjfa-48232	95	36	in	in	ADP
cjfa-48232	95	37	terms	term	NOUN
cjfa-48232	95	38	of	of	ADP
cjfa-48232	95	39	the	the	DET
cjfa-48232	95	40	fcx	fcx	NOUN
cjfa-48232	95	41	and	and	CCONJ
cjfa-48232	95	42	to	to	PART
cjfa-48232	95	43	compare	compare	VERB
cjfa-48232	95	44	them	they	PRON
cjfa-48232	95	45	with	with	ADP
cjfa-48232	95	46	the	the	DET
cjfa-48232	95	47	results	result	NOUN
cjfa-48232	95	48	from	from	ADP
cjfa-48232	95	49	the	the	DET
cjfa-48232	95	50	german	german	NOUN
cjfa-48232	95	51	dax	dax	VERB
cjfa-48232	95	52	the	the	DET
cjfa-48232	95	53	following	follow	VERB
cjfa-48232	95	54	key	key	ADJ
cjfa-48232	95	55	figures	figure	NOUN
cjfa-48232	95	56	will	will	AUX
cjfa-48232	95	57	be	be	AUX
cjfa-48232	95	58	calculated	calculate	VERB
cjfa-48232	95	59	and	and	CCONJ
cjfa-48232	95	60	analysed	analyse	VERB
cjfa-48232	95	61	:	:	PUNCT
cjfa-48232	95	62	return	return	NOUN
cjfa-48232	95	63	as	as	ADV
cjfa-48232	95	64	well	well	ADV
cjfa-48232	95	65	as	as	ADP
cjfa-48232	95	66	risk	risk	NOUN
cjfa-48232	95	67	(	(	PUNCT
cjfa-48232	95	68	in	in	ADP
cjfa-48232	95	69	terms	term	NOUN
cjfa-48232	95	70	of	of	ADP
cjfa-48232	95	71	volatility	volatility	NOUN
cjfa-48232	95	72	,	,	PUNCT
cjfa-48232	95	73	beta	beta	NOUN
cjfa-48232	95	74	,	,	PUNCT
cjfa-48232	95	75	maximum	maximum	ADJ
cjfa-48232	95	76	oneday	oneday	ADJ
cjfa-48232	95	77	-	-	PUNCT
cjfa-48232	95	78	loss	loss	NOUN
cjfa-48232	95	79	and	and	CCONJ
cjfa-48232	95	80	value	value	NOUN
cjfa-48232	95	81	at	at	ADP
cjfa-48232	95	82	risk	risk	NOUN
cjfa-48232	95	83	)	)	PUNCT
cjfa-48232	95	84	and	and	CCONJ
cjfa-48232	95	85	also	also	ADV
cjfa-48232	95	86	the	the	DET
cjfa-48232	95	87	sharpe	sharpe	NOUN
cjfa-48232	95	88	-	-	PUNCT
cjfa-48232	95	89	ratio	ratio	NOUN
cjfa-48232	95	90	as	as	ADP
cjfa-48232	95	91	combination	combination	NOUN
cjfa-48232	95	92	of	of	ADP
cjfa-48232	95	93	return	return	NOUN
cjfa-48232	95	94	and	and	CCONJ
cjfa-48232	95	95	risk	risk	NOUN
cjfa-48232	95	96	and	and	CCONJ
cjfa-48232	95	97	therefore	therefore	ADV
cjfa-48232	95	98	showing	show	VERB
cjfa-48232	95	99	the	the	DET
cjfa-48232	95	100	performance	performance	NOUN
cjfa-48232	95	101	of	of	ADP
cjfa-48232	95	102	an	an	DET
cjfa-48232	95	103	investment	investment	NOUN
cjfa-48232	95	104	.	.	PUNCT
cjfa-48232	96	1	accounting	accounting	NOUN
cjfa-48232	96	2	measures	measure	NOUN
cjfa-48232	96	3	,	,	PUNCT
cjfa-48232	96	4	such	such	ADJ
cjfa-48232	96	5	as	as	ADP
cjfa-48232	96	6	return	return	NOUN
cjfa-48232	96	7	-	-	PUNCT
cjfa-48232	96	8	on	on	ADP
cjfa-48232	96	9	-	-	PUNCT
cjfa-48232	96	10	equity	equity	NOUN
cjfa-48232	96	11	or	or	CCONJ
cjfa-48232	96	12	tobin	tobin	NOUN
cjfa-48232	96	13	’s	’s	PART
cjfa-48232	96	14	q	q	X
cjfa-48232	96	15	,	,	PUNCT
cjfa-48232	96	16	which	which	PRON
cjfa-48232	96	17	are	be	AUX
cjfa-48232	96	18	often	often	ADV
cjfa-48232	96	19	used	use	VERB
cjfa-48232	96	20	to	to	PART
cjfa-48232	96	21	measure	measure	VERB
cjfa-48232	96	22	a	a	DET
cjfa-48232	96	23	firm	firm	NOUN
cjfa-48232	96	24	’s	’s	PART
cjfa-48232	96	25	performance	performance	NOUN
cjfa-48232	96	26	,	,	PUNCT
cjfa-48232	96	27	will	will	AUX
cjfa-48232	96	28	not	not	PART
cjfa-48232	96	29	be	be	AUX
cjfa-48232	96	30	considered	consider	VERB
cjfa-48232	96	31	as	as	SCONJ
cjfa-48232	96	32	they	they	PRON
cjfa-48232	96	33	are	be	AUX
cjfa-48232	96	34	based	base	VERB
cjfa-48232	96	35	on	on	ADP
cjfa-48232	96	36	accounting	accounting	NOUN
cjfa-48232	96	37	numbers	number	NOUN
cjfa-48232	96	38	at	at	ADP
cjfa-48232	96	39	a	a	DET
cjfa-48232	96	40	single	single	ADJ
cjfa-48232	96	41	point	point	NOUN
cjfa-48232	96	42	in	in	ADP
cjfa-48232	96	43	time	time	NOUN
cjfa-48232	96	44	and	and	CCONJ
cjfa-48232	96	45	therefore	therefore	ADV
cjfa-48232	96	46	are	be	AUX
cjfa-48232	96	47	not	not	PART
cjfa-48232	96	48	suitable	suitable	ADJ
cjfa-48232	96	49	to	to	PART
cjfa-48232	96	50	analyse	analyse	VERB
cjfa-48232	96	51	the	the	DET
cjfa-48232	96	52	development	development	NOUN
cjfa-48232	96	53	over	over	ADP
cjfa-48232	96	54	a	a	DET
cjfa-48232	96	55	certain	certain	ADJ
cjfa-48232	96	56	period	period	NOUN
cjfa-48232	96	57	or	or	CCONJ
cjfa-48232	96	58	the	the	DET
cjfa-48232	96	59	performance	performance	NOUN
cjfa-48232	96	60	on	on	ADP
cjfa-48232	96	61	the	the	DET
cjfa-48232	96	62	stock	stock	NOUN
cjfa-48232	96	63	market	market	NOUN
cjfa-48232	96	64	.	.	PUNCT
cjfa-48232	97	1	all	all	DET
cjfa-48232	97	2	financial	financial	ADJ
cjfa-48232	97	3	key	key	ADJ
cjfa-48232	97	4	figures	figure	NOUN
cjfa-48232	97	5	will	will	AUX
cjfa-48232	97	6	be	be	AUX
cjfa-48232	97	7	examined	examine	VERB
cjfa-48232	97	8	over	over	ADP
cjfa-48232	97	9	6	6	NUM
cjfa-48232	97	10	years	year	NOUN
cjfa-48232	97	11	from	from	ADP
cjfa-48232	97	12	2017	2017	NUM
cjfa-48232	97	13	to	to	ADP
cjfa-48232	97	14	2022	2022	NUM
cjfa-48232	97	15	,	,	PUNCT
cjfa-48232	97	16	which	which	PRON
cjfa-48232	97	17	is	be	AUX
cjfa-48232	97	18	a	a	DET
cjfa-48232	97	19	three	three	NUM
cjfa-48232	97	20	-	-	PUNCT
cjfa-48232	97	21	year	year	NOUN
cjfa-48232	97	22	period	period	NOUN
cjfa-48232	97	23	before	before	ADP
cjfa-48232	97	24	the	the	DET
cjfa-48232	97	25	covid	covid	NOUN
cjfa-48232	97	26	-	-	ADJ
cjfa-48232	97	27	pandemic	pandemic	ADJ
cjfa-48232	97	28	and	and	CCONJ
cjfa-48232	97	29	a	a	DET
cjfa-48232	97	30	three	three	NUM
cjfa-48232	97	31	-	-	PUNCT
cjfa-48232	97	32	year	year	NOUN
cjfa-48232	97	33	period	period	NOUN
cjfa-48232	97	34	after	after	ADP
cjfa-48232	97	35	the	the	DET
cjfa-48232	97	36	start	start	NOUN
cjfa-48232	97	37	in	in	ADP
cjfa-48232	97	38	the	the	DET
cjfa-48232	97	39	beginning	beginning	NOUN
cjfa-48232	97	40	of	of	ADP
cjfa-48232	97	41	2020	2020	NUM
cjfa-48232	97	42	.	.	PUNCT
cjfa-48232	98	1	this	this	PRON
cjfa-48232	98	2	enables	enable	VERB
cjfa-48232	98	3	to	to	PART
cjfa-48232	98	4	show	show	VERB
cjfa-48232	98	5	the	the	DET
cjfa-48232	98	6	effects	effect	NOUN
cjfa-48232	98	7	of	of	ADP
cjfa-48232	98	8	the	the	DET
cjfa-48232	98	9	crises	crisis	NOUN
cjfa-48232	98	10	in	in	ADP
cjfa-48232	98	11	comparison	comparison	NOUN
cjfa-48232	98	12	to	to	ADP
cjfa-48232	98	13	the	the	DET
cjfa-48232	98	14	rather	rather	ADV
cjfa-48232	98	15	is	be	AUX
cjfa-48232	98	16	the	the	DET
cjfa-48232	98	17	market	market	NOUN
cjfa-48232	98	18	capitalisation	capitalisation	NOUN
cjfa-48232	98	19	based	base	VERB
cjfa-48232	98	20	on	on	ADP
cjfa-48232	98	21	the	the	DET
cjfa-48232	98	22	free	free	ADJ
cjfa-48232	98	23	float	float	NOUN
cjfa-48232	98	24	for	for	ADP
cjfa-48232	98	25	company	company	NOUN
cjfa-48232	98	26	j	j	PROPN
cjfa-48232	98	27	at	at	ADP
cjfa-48232	98	28	day	day	NOUN
cjfa-48232	98	29	0	0	NUM
cjfa-48232	98	30	and	and	CCONJ
cjfa-48232	98	31	hornbach	hornbach	PROPN
cjfa-48232	98	32	holding	hold	VERB
cjfa-48232	98	33	ag	ag	PROPN
cjfa-48232	98	34	&	&	CCONJ
cjfa-48232	98	35	co	co	PROPN
cjfa-48232	98	36	kgaa	kgaa	PROPN
cjfa-48232	98	37	holding	hold	VERB
cjfa-48232	98	38	company	company	NOUN
cjfa-48232	98	39	of	of	ADP
cjfa-48232	98	40	the	the	DET
cjfa-48232	98	41	hornbach	hornbach	PROPN
cjfa-48232	98	42	group	group	NOUN
cjfa-48232	98	43	,	,	PUNCT
cjfa-48232	98	44	whose	whose	DET
cjfa-48232	98	45	subsidiaries	subsidiary	NOUN
cjfa-48232	98	46	are	be	AUX
cjfa-48232	98	47	engaged	engage	VERB
cjfa-48232	98	48	in	in	ADP
cjfa-48232	98	49	the	the	DET
cjfa-48232	98	50	building	building	NOUN
cjfa-48232	98	51	trade	trade	NOUN
cjfa-48232	98	52	,	,	PUNCT
cjfa-48232	98	53	building	building	NOUN
cjfa-48232	98	54	component	component	NOUN
cjfa-48232	98	55	manufacture	manufacture	NOUN
cjfa-48232	98	56	and	and	CCONJ
cjfa-48232	98	57	construction	construction	NOUN
cjfa-48232	98	58	industries	industry	NOUN
cjfa-48232	98	59	.	.	PUNCT
cjfa-48232	99	1	bornheim	bornheim	PROPN
cjfa-48232	99	2	morphosys	morphosys	PROPN
cjfa-48232	99	3	ag	ag	PROPN
cjfa-48232	99	4	global	global	ADJ
cjfa-48232	99	5	commercial	commercial	ADJ
cjfa-48232	99	6	-	-	PUNCT
cjfa-48232	99	7	stage	stage	NOUN
cjfa-48232	99	8	biopharmaceutical	biopharmaceutical	NOUN
cjfa-48232	99	9	company	company	NOUN
cjfa-48232	99	10	planegg	planegg	PROPN
cjfa-48232	99	11	zalando	zalando	PROPN
cjfa-48232	99	12	se	se	PROPN
cjfa-48232	99	13	online	online	PROPN
cjfa-48232	99	14	shoes	shoe	NOUN
cjfa-48232	99	15	and	and	CCONJ
cjfa-48232	99	16	fashion	fashion	NOUN
cjfa-48232	99	17	retailer	retailer	NOUN
cjfa-48232	99	18	berlin	berlin	PROPN
cjfa-48232	99	19	source	source	NOUN
cjfa-48232	99	20	:	:	PUNCT
cjfa-48232	99	21	own	own	ADJ
cjfa-48232	99	22	study	study	NOUN
cjfa-48232	99	23	based	base	VERB
cjfa-48232	99	24	the	the	DET
cjfa-48232	99	25	refinitiv	refinitiv	PROPN
cjfa-48232	99	26	eikon	eikon	PROPN
cjfa-48232	99	27	database	database	PROPN
cjfa-48232	99	28	as	as	ADV
cjfa-48232	99	29	well	well	ADV
cjfa-48232	99	30	as	as	ADP
cjfa-48232	99	31	public	public	ADJ
cjfa-48232	99	32	available	available	ADJ
cjfa-48232	99	33	company	company	NOUN
cjfa-48232	99	34	information	information	NOUN
cjfa-48232	99	35	(	(	PUNCT
cjfa-48232	99	36	references	reference	NOUN
cjfa-48232	99	37	:	:	PUNCT
cjfa-48232	99	38	see	see	VERB
cjfa-48232	99	39	online	online	ADJ
cjfa-48232	99	40	sources	source	NOUN
cjfa-48232	99	41	)	)	PUNCT
cjfa-48232	99	42	.	.	PUNCT
cjfa-48232	100	1	the	the	DET
cjfa-48232	100	2	financial	financial	ADJ
cjfa-48232	100	3	performance	performance	NOUN
cjfa-48232	100	4	of	of	ADP
cjfa-48232	100	5	these	these	DET
cjfa-48232	100	6	female	female	ADJ
cjfa-48232	100	7	managed	manage	VERB
cjfa-48232	100	8	companies	company	NOUN
cjfa-48232	100	9	will	will	AUX
cjfa-48232	100	10	be	be	AUX
cjfa-48232	100	11	compared	compare	VERB
cjfa-48232	100	12	to	to	ADP
cjfa-48232	100	13	the	the	DET
cjfa-48232	100	14	dax	dax	PROPN
cjfa-48232	100	15	,	,	PUNCT
cjfa-48232	100	16	which	which	PRON
cjfa-48232	100	17	will	will	AUX
cjfa-48232	100	18	be	be	AUX
cjfa-48232	100	19	used	use	VERB
cjfa-48232	100	20	as	as	ADP
cjfa-48232	100	21	a	a	DET
cjfa-48232	100	22	proxy	proxy	NOUN
cjfa-48232	100	23	for	for	ADP
cjfa-48232	100	24	mainly	mainly	ADV
cjfa-48232	100	25	male	male	ADJ
cjfa-48232	100	26	managed	manage	VERB
cjfa-48232	100	27	companies	company	NOUN
cjfa-48232	100	28	.	.	PUNCT
cjfa-48232	101	1	to	to	PART
cjfa-48232	101	2	allow	allow	VERB
cjfa-48232	101	3	a	a	DET
cjfa-48232	101	4	direct	direct	ADJ
cjfa-48232	101	5	comparison	comparison	NOUN
cjfa-48232	101	6	of	of	ADP
cjfa-48232	101	7	key	key	ADJ
cjfa-48232	101	8	figures	figure	NOUN
cjfa-48232	101	9	for	for	ADP
cjfa-48232	101	10	female	female	ADJ
cjfa-48232	101	11	managed	manage	VERB
cjfa-48232	101	12	companies	company	NOUN
cjfa-48232	101	13	and	and	CCONJ
cjfa-48232	101	14	the	the	DET
cjfa-48232	101	15	dax	dax	PROPN
cjfa-48232	101	16	,	,	PUNCT
cjfa-48232	101	17	based	base	VERB
cjfa-48232	101	18	on	on	ADP
cjfa-48232	101	19	the	the	DET
cjfa-48232	101	20	6	6	NUM
cjfa-48232	101	21	female	female	ADJ
cjfa-48232	101	22	managed	manage	VERB
cjfa-48232	101	23	companies	company	NOUN
cjfa-48232	101	24	an	an	DET
cjfa-48232	101	25	index	index	NOUN
cjfa-48232	101	26	will	will	AUX
cjfa-48232	101	27	be	be	AUX
cjfa-48232	101	28	created	create	VERB
cjfa-48232	101	29	.	.	PUNCT
cjfa-48232	102	1	this	this	DET
cjfa-48232	102	2	index	index	NOUN
cjfa-48232	102	3	for	for	ADP
cjfa-48232	102	4	female	female	ADJ
cjfa-48232	102	5	managed	manage	VERB
cjfa-48232	102	6	companies	company	NOUN
cjfa-48232	102	7	will	will	AUX
cjfa-48232	102	8	be	be	AUX
cjfa-48232	102	9	named	name	VERB
cjfa-48232	102	10	fcx	fcx	PROPN
cjfa-48232	102	11	.	.	PROPN
cjfa-48232	103	1	for	for	ADP
cjfa-48232	103	2	comparability	comparability	NOUN
cjfa-48232	103	3	reasons	reason	NOUN
cjfa-48232	103	4	with	with	ADP
cjfa-48232	103	5	the	the	DET
cjfa-48232	103	6	dax	dax	NOUN
cjfa-48232	103	7	this	this	DET
cjfa-48232	103	8	index	index	NOUN
cjfa-48232	103	9	fcx	fcx	PROPN
cjfa-48232	103	10	will	will	AUX
cjfa-48232	103	11	also	also	ADV
cjfa-48232	103	12	be	be	AUX
cjfa-48232	103	13	calculated	calculate	VERB
cjfa-48232	103	14	as	as	ADP
cjfa-48232	103	15	laspeyres	laspeyre	NOUN
cjfa-48232	103	16	index	index	NOUN
cjfa-48232	103	17	using	use	VERB
cjfa-48232	103	18	the	the	DET
cjfa-48232	103	19	following	follow	VERB
cjfa-48232	103	20	formula	formula	NOUN
cjfa-48232	103	21	and	and	CCONJ
cjfa-48232	103	22	basing	base	VERB
cjfa-48232	103	23	the	the	DET
cjfa-48232	103	24	weights	weight	NOUN
cjfa-48232	103	25	of	of	ADP
cjfa-48232	103	26	the	the	DET
cjfa-48232	103	27	individual	individual	ADJ
cjfa-48232	103	28	companies	company	NOUN
cjfa-48232	103	29	on	on	ADP
cjfa-48232	103	30	the	the	DET
cjfa-48232	103	31	market	market	NOUN
cjfa-48232	103	32	value	value	NOUN
cjfa-48232	103	33	of	of	ADP
cjfa-48232	103	34	the	the	DET
cjfa-48232	103	35	free	free	ADJ
cjfa-48232	103	36	float	float	NOUN
cjfa-48232	103	37	:	:	PUNCT
cjfa-48232	103	38	𝐹𝐹𝐹𝐹𝐹𝐹	𝐹𝐹𝐹𝐹𝐹𝐹	PROPN
cjfa-48232	103	39	�	�	PROPN
cjfa-48232	103	40	�	�	PROPN
cjfa-48232	103	41	∑	∑	PROPN
cjfa-48232	103	42	�	�	PROPN
cjfa-48232	103	43	�	�	PROPN
cjfa-48232	103	44	�	�	PROPN
cjfa-48232	103	45	�	�	PROPN
cjfa-48232	103	46	�	�	PROPN
cjfa-48232	103	47	�	�	PROPN
cjfa-48232	103	48	�	�	PROPN
cjfa-48232	103	49	�	�	PROPN
cjfa-48232	103	50	�	�	PROPN
cjfa-48232	103	51	�	�	PROPN
cjfa-48232	103	52	�	�	PROPN
cjfa-48232	103	53	∑	∑	PUNCT
cjfa-48232	103	54	�	�	PROPN
cjfa-48232	103	55	�	�	PROPN
cjfa-48232	103	56	�	�	PROPN
cjfa-48232	103	57	�	�	PROPN
cjfa-48232	103	58	�	�	PROPN
cjfa-48232	103	59	�	�	PROPN
cjfa-48232	103	60	�	�	PROPN
cjfa-48232	103	61	�	�	PROPN
cjfa-48232	103	62	�	�	PROPN
cjfa-48232	103	63	�	�	PROPN
cjfa-48232	103	64	�	�	PROPN
cjfa-48232	103	65	(	(	PUNCT
cjfa-48232	103	66	1	1	NUM
cjfa-48232	103	67	)	)	PUNCT
cjfa-48232	103	68	𝐹𝐹𝐹𝐹𝐹𝐹	𝐹𝐹𝐹𝐹𝐹𝐹	NOUN
cjfa-48232	103	69	�	�	PROPN
cjfa-48232	103	70	is	be	AUX
cjfa-48232	103	71	the	the	DET
cjfa-48232	103	72	index	index	NOUN
cjfa-48232	103	73	for	for	ADP
cjfa-48232	103	74	german	german	ADJ
cjfa-48232	103	75	female	female	ADJ
cjfa-48232	103	76	managed	manage	VERB
cjfa-48232	103	77	companies	company	NOUN
cjfa-48232	103	78	at	at	ADP
cjfa-48232	103	79	day	day	NOUN
cjfa-48232	103	80	t	t	PROPN
cjfa-48232	103	81	,	,	PUNCT
cjfa-48232	103	82	𝑐𝑐	𝑐𝑐	PROPN
cjfa-48232	103	83	�	�	PROPN
cjfa-48232	103	84	�	�	PROPN
cjfa-48232	103	85	is	be	AUX
cjfa-48232	103	86	the	the	DET
cjfa-48232	103	87	market	market	NOUN
cjfa-48232	103	88	capitalisation	capitalisation	NOUN
cjfa-48232	103	89	based	base	VERB
cjfa-48232	103	90	on	on	ADP
cjfa-48232	103	91	the	the	DET
cjfa-48232	103	92	free	free	ADJ
cjfa-48232	103	93	float	float	NOUN
cjfa-48232	103	94	for	for	ADP
cjfa-48232	103	95	company	company	NOUN
cjfa-48232	103	96	j	j	PROPN
cjfa-48232	103	97	at	at	ADP
cjfa-48232	103	98	day	day	NOUN
cjfa-48232	103	99	0	0	NUM
cjfa-48232	103	100	and	and	CCONJ
cjfa-48232	103	101	𝑝𝑝	𝑝𝑝	PROPN
cjfa-48232	103	102	�	�	PROPN
cjfa-48232	103	103	�	�	PROPN
cjfa-48232	103	104	is	be	AUX
cjfa-48232	103	105	the	the	DET
cjfa-48232	103	106	stock	stock	NOUN
cjfa-48232	103	107	price	price	NOUN
cjfa-48232	103	108	of	of	ADP
cjfa-48232	103	109	company	company	NOUN
cjfa-48232	103	110	j	j	PROPN
cjfa-48232	103	111	at	at	ADP
cjfa-48232	103	112	day	day	NOUN
cjfa-48232	103	113	0	0	NUM
cjfa-48232	103	114	.	.	PUNCT
cjfa-48232	104	1	market	market	NOUN
cjfa-48232	104	2	data	datum	NOUN
cjfa-48232	104	3	and	and	CCONJ
cjfa-48232	104	4	daily	daily	ADJ
cjfa-48232	104	5	stock	stock	NOUN
cjfa-48232	104	6	returns	return	NOUN
cjfa-48232	104	7	are	be	AUX
cjfa-48232	104	8	retrieved	retrieve	VERB
cjfa-48232	104	9	from	from	ADP
cjfa-48232	104	10	the	the	DET
cjfa-48232	104	11	refinitiv	refinitiv	PROPN
cjfa-48232	104	12	datastream	datastream	NOUN
cjfa-48232	104	13	database	database	NOUN
cjfa-48232	104	14	.	.	PUNCT
cjfa-48232	105	1	all	all	DET
cjfa-48232	105	2	data	datum	NOUN
cjfa-48232	105	3	is	be	AUX
cjfa-48232	105	4	chosen	choose	VERB
cjfa-48232	105	5	to	to	PART
cjfa-48232	105	6	include	include	VERB
cjfa-48232	105	7	capital	capital	NOUN
cjfa-48232	105	8	measures	measure	NOUN
cjfa-48232	105	9	such	such	ADJ
cjfa-48232	105	10	as	as	ADP
cjfa-48232	105	11	dividends	dividend	NOUN
cjfa-48232	105	12	and	and	CCONJ
cjfa-48232	105	13	therefore	therefore	ADV
cjfa-48232	105	14	show	show	VERB
cjfa-48232	105	15	the	the	DET
cjfa-48232	105	16	total	total	ADJ
cjfa-48232	105	17	return	return	NOUN
cjfa-48232	105	18	of	of	ADP
cjfa-48232	105	19	the	the	DET
cjfa-48232	105	20	stocks	stock	NOUN
cjfa-48232	105	21	as	as	ADV
cjfa-48232	105	22	well	well	ADV
cjfa-48232	105	23	as	as	ADP
cjfa-48232	105	24	of	of	ADP
cjfa-48232	105	25	the	the	DET
cjfa-48232	105	26	dax	dax	PROPN
cjfa-48232	105	27	.	.	PUNCT
cjfa-48232	105	28	to	to	PART
cjfa-48232	105	29	examine	examine	VERB
cjfa-48232	105	30	the	the	DET
cjfa-48232	105	31	financial	financial	ADJ
cjfa-48232	105	32	performance	performance	NOUN
cjfa-48232	105	33	of	of	ADP
cjfa-48232	105	34	the	the	DET
cjfa-48232	105	35	companies	company	NOUN
cjfa-48232	105	36	in	in	ADP
cjfa-48232	105	37	terms	term	NOUN
cjfa-48232	105	38	of	of	ADP
cjfa-48232	105	39	the	the	DET
cjfa-48232	105	40	fcx	fcx	NOUN
cjfa-48232	105	41	and	and	CCONJ
cjfa-48232	105	42	to	to	PART
cjfa-48232	105	43	compare	compare	VERB
cjfa-48232	105	44	them	they	PRON
cjfa-48232	105	45	with	with	ADP
cjfa-48232	105	46	the	the	DET
cjfa-48232	105	47	results	result	NOUN
cjfa-48232	105	48	from	from	ADP
cjfa-48232	105	49	the	the	DET
cjfa-48232	105	50	german	german	NOUN
cjfa-48232	105	51	dax	dax	VERB
cjfa-48232	105	52	the	the	DET
cjfa-48232	105	53	following	follow	VERB
cjfa-48232	105	54	key	key	ADJ
cjfa-48232	105	55	figures	figure	NOUN
cjfa-48232	105	56	will	will	AUX
cjfa-48232	105	57	be	be	AUX
cjfa-48232	105	58	calculated	calculate	VERB
cjfa-48232	105	59	and	and	CCONJ
cjfa-48232	105	60	analysed	analyse	VERB
cjfa-48232	105	61	:	:	PUNCT
cjfa-48232	105	62	return	return	NOUN
cjfa-48232	105	63	as	as	ADV
cjfa-48232	105	64	well	well	ADV
cjfa-48232	105	65	as	as	ADP
cjfa-48232	105	66	risk	risk	NOUN
cjfa-48232	105	67	(	(	PUNCT
cjfa-48232	105	68	in	in	ADP
cjfa-48232	105	69	terms	term	NOUN
cjfa-48232	105	70	of	of	ADP
cjfa-48232	105	71	volatility	volatility	NOUN
cjfa-48232	105	72	,	,	PUNCT
cjfa-48232	105	73	beta	beta	NOUN
cjfa-48232	105	74	,	,	PUNCT
cjfa-48232	105	75	maximum	maximum	ADJ
cjfa-48232	105	76	oneday	oneday	ADJ
cjfa-48232	105	77	-	-	PUNCT
cjfa-48232	105	78	loss	loss	NOUN
cjfa-48232	105	79	and	and	CCONJ
cjfa-48232	105	80	value	value	NOUN
cjfa-48232	105	81	at	at	ADP
cjfa-48232	105	82	risk	risk	NOUN
cjfa-48232	105	83	)	)	PUNCT
cjfa-48232	105	84	and	and	CCONJ
cjfa-48232	105	85	also	also	ADV
cjfa-48232	105	86	the	the	DET
cjfa-48232	105	87	sharpe	sharpe	NOUN
cjfa-48232	105	88	-	-	PUNCT
cjfa-48232	105	89	ratio	ratio	NOUN
cjfa-48232	105	90	as	as	ADP
cjfa-48232	105	91	combination	combination	NOUN
cjfa-48232	105	92	of	of	ADP
cjfa-48232	105	93	return	return	NOUN
cjfa-48232	105	94	and	and	CCONJ
cjfa-48232	105	95	risk	risk	NOUN
cjfa-48232	105	96	and	and	CCONJ
cjfa-48232	105	97	therefore	therefore	ADV
cjfa-48232	105	98	showing	show	VERB
cjfa-48232	105	99	the	the	DET
cjfa-48232	105	100	performance	performance	NOUN
cjfa-48232	105	101	of	of	ADP
cjfa-48232	105	102	an	an	DET
cjfa-48232	105	103	investment	investment	NOUN
cjfa-48232	105	104	.	.	PUNCT
cjfa-48232	106	1	accounting	accounting	NOUN
cjfa-48232	106	2	measures	measure	NOUN
cjfa-48232	106	3	,	,	PUNCT
cjfa-48232	106	4	such	such	ADJ
cjfa-48232	106	5	as	as	ADP
cjfa-48232	106	6	return	return	NOUN
cjfa-48232	106	7	-	-	PUNCT
cjfa-48232	106	8	on	on	ADP
cjfa-48232	106	9	-	-	PUNCT
cjfa-48232	106	10	equity	equity	NOUN
cjfa-48232	106	11	or	or	CCONJ
cjfa-48232	106	12	tobin	tobin	NOUN
cjfa-48232	106	13	’s	’s	PART
cjfa-48232	106	14	q	q	X
cjfa-48232	106	15	,	,	PUNCT
cjfa-48232	106	16	which	which	PRON
cjfa-48232	106	17	are	be	AUX
cjfa-48232	106	18	often	often	ADV
cjfa-48232	106	19	used	use	VERB
cjfa-48232	106	20	to	to	PART
cjfa-48232	106	21	measure	measure	VERB
cjfa-48232	106	22	a	a	DET
cjfa-48232	106	23	firm	firm	NOUN
cjfa-48232	106	24	’s	’s	PART
cjfa-48232	106	25	performance	performance	NOUN
cjfa-48232	106	26	,	,	PUNCT
cjfa-48232	106	27	will	will	AUX
cjfa-48232	106	28	not	not	PART
cjfa-48232	106	29	be	be	AUX
cjfa-48232	106	30	considered	consider	VERB
cjfa-48232	106	31	as	as	SCONJ
cjfa-48232	106	32	they	they	PRON
cjfa-48232	106	33	are	be	AUX
cjfa-48232	106	34	based	base	VERB
cjfa-48232	106	35	on	on	ADP
cjfa-48232	106	36	accounting	accounting	NOUN
cjfa-48232	106	37	numbers	number	NOUN
cjfa-48232	106	38	at	at	ADP
cjfa-48232	106	39	a	a	DET
cjfa-48232	106	40	single	single	ADJ
cjfa-48232	106	41	point	point	NOUN
cjfa-48232	106	42	in	in	ADP
cjfa-48232	106	43	time	time	NOUN
cjfa-48232	106	44	and	and	CCONJ
cjfa-48232	106	45	therefore	therefore	ADV
cjfa-48232	106	46	are	be	AUX
cjfa-48232	106	47	not	not	PART
cjfa-48232	106	48	suitable	suitable	ADJ
cjfa-48232	106	49	to	to	PART
cjfa-48232	106	50	analyse	analyse	VERB
cjfa-48232	106	51	the	the	DET
cjfa-48232	106	52	development	development	NOUN
cjfa-48232	106	53	over	over	ADP
cjfa-48232	106	54	a	a	DET
cjfa-48232	106	55	certain	certain	ADJ
cjfa-48232	106	56	period	period	NOUN
cjfa-48232	106	57	or	or	CCONJ
cjfa-48232	106	58	the	the	DET
cjfa-48232	106	59	performance	performance	NOUN
cjfa-48232	106	60	on	on	ADP
cjfa-48232	106	61	the	the	DET
cjfa-48232	106	62	stock	stock	NOUN
cjfa-48232	106	63	market	market	NOUN
cjfa-48232	106	64	.	.	PUNCT
cjfa-48232	107	1	all	all	DET
cjfa-48232	107	2	financial	financial	ADJ
cjfa-48232	107	3	key	key	ADJ
cjfa-48232	107	4	figures	figure	NOUN
cjfa-48232	107	5	will	will	AUX
cjfa-48232	107	6	be	be	AUX
cjfa-48232	107	7	examined	examine	VERB
cjfa-48232	107	8	over	over	ADP
cjfa-48232	107	9	6	6	NUM
cjfa-48232	107	10	years	year	NOUN
cjfa-48232	107	11	from	from	ADP
cjfa-48232	107	12	2017	2017	NUM
cjfa-48232	107	13	to	to	ADP
cjfa-48232	107	14	2022	2022	NUM
cjfa-48232	107	15	,	,	PUNCT
cjfa-48232	107	16	which	which	PRON
cjfa-48232	107	17	is	be	AUX
cjfa-48232	107	18	a	a	DET
cjfa-48232	107	19	three	three	NUM
cjfa-48232	107	20	-	-	PUNCT
cjfa-48232	107	21	year	year	NOUN
cjfa-48232	107	22	period	period	NOUN
cjfa-48232	107	23	before	before	ADP
cjfa-48232	107	24	the	the	DET
cjfa-48232	107	25	covid	covid	NOUN
cjfa-48232	107	26	-	-	ADJ
cjfa-48232	107	27	pandemic	pandemic	ADJ
cjfa-48232	107	28	and	and	CCONJ
cjfa-48232	107	29	a	a	DET
cjfa-48232	107	30	three	three	NUM
cjfa-48232	107	31	-	-	PUNCT
cjfa-48232	107	32	year	year	NOUN
cjfa-48232	107	33	period	period	NOUN
cjfa-48232	107	34	after	after	ADP
cjfa-48232	107	35	the	the	DET
cjfa-48232	107	36	start	start	NOUN
cjfa-48232	107	37	in	in	ADP
cjfa-48232	107	38	the	the	DET
cjfa-48232	107	39	beginning	beginning	NOUN
cjfa-48232	107	40	of	of	ADP
cjfa-48232	107	41	2020	2020	NUM
cjfa-48232	107	42	.	.	PUNCT
cjfa-48232	108	1	this	this	PRON
cjfa-48232	108	2	enables	enable	VERB
cjfa-48232	108	3	to	to	PART
cjfa-48232	108	4	show	show	VERB
cjfa-48232	108	5	the	the	DET
cjfa-48232	108	6	effects	effect	NOUN
cjfa-48232	108	7	of	of	ADP
cjfa-48232	108	8	the	the	DET
cjfa-48232	108	9	crises	crisis	NOUN
cjfa-48232	108	10	in	in	ADP
cjfa-48232	108	11	comparison	comparison	NOUN
cjfa-48232	108	12	to	to	ADP
cjfa-48232	108	13	the	the	DET
cjfa-48232	108	14	rather	rather	ADV
cjfa-48232	108	15	is	be	AUX
cjfa-48232	108	16	the	the	DET
cjfa-48232	108	17	stock	stock	NOUN
cjfa-48232	108	18	price	price	NOUN
cjfa-48232	108	19	of	of	ADP
cjfa-48232	108	20	company	company	NOUN
cjfa-48232	108	21	j	j	PROPN
cjfa-48232	108	22	at	at	ADP
cjfa-48232	108	23	day	day	NOUN
cjfa-48232	108	24	0	0	NUM
cjfa-48232	108	25	.	.	PUNCT
cjfa-48232	109	1	market	market	NOUN
cjfa-48232	109	2	data	datum	NOUN
cjfa-48232	109	3	and	and	CCONJ
cjfa-48232	109	4	daily	daily	ADJ
cjfa-48232	109	5	stock	stock	NOUN
cjfa-48232	109	6	returns	return	NOUN
cjfa-48232	109	7	are	be	AUX
cjfa-48232	109	8	retrieved	retrieve	VERB
cjfa-48232	109	9	from	from	ADP
cjfa-48232	109	10	the	the	DET
cjfa-48232	109	11	refinitiv	refinitiv	PROPN
cjfa-48232	109	12	datastream	datastream	NOUN
cjfa-48232	109	13	database	database	NOUN
cjfa-48232	109	14	.	.	PUNCT
cjfa-48232	110	1	all	all	DET
cjfa-48232	110	2	data	datum	NOUN
cjfa-48232	110	3	is	be	AUX
cjfa-48232	110	4	chosen	choose	VERB
cjfa-48232	110	5	to	to	PART
cjfa-48232	110	6	include	include	VERB
cjfa-48232	110	7	capital	capital	NOUN
cjfa-48232	110	8	measures	measure	NOUN
cjfa-48232	110	9	such	such	ADJ
cjfa-48232	110	10	as	as	ADP
cjfa-48232	110	11	dividends	dividend	NOUN
cjfa-48232	110	12	and	and	CCONJ
cjfa-48232	110	13	therefore	therefore	ADV
cjfa-48232	110	14	show	show	VERB
cjfa-48232	110	15	the	the	DET
cjfa-48232	110	16	total	total	ADJ
cjfa-48232	110	17	return	return	NOUN
cjfa-48232	110	18	of	of	ADP
cjfa-48232	110	19	the	the	DET
cjfa-48232	110	20	stocks	stock	NOUN
cjfa-48232	110	21	as	as	ADV
cjfa-48232	110	22	well	well	ADV
cjfa-48232	110	23	as	as	ADP
cjfa-48232	110	24	of	of	ADP
cjfa-48232	110	25	the	the	DET
cjfa-48232	110	26	dax	dax	PROPN
cjfa-48232	110	27	.	.	PUNCT
cjfa-48232	110	28	to	to	PART
cjfa-48232	110	29	examine	examine	VERB
cjfa-48232	110	30	the	the	DET
cjfa-48232	110	31	financial	financial	ADJ
cjfa-48232	110	32	performance	performance	NOUN
cjfa-48232	110	33	of	of	ADP
cjfa-48232	110	34	the	the	DET
cjfa-48232	110	35	companies	company	NOUN
cjfa-48232	110	36	in	in	ADP
cjfa-48232	110	37	terms	term	NOUN
cjfa-48232	110	38	of	of	ADP
cjfa-48232	110	39	the	the	DET
cjfa-48232	110	40	fcx	fcx	NOUN
cjfa-48232	110	41	and	and	CCONJ
cjfa-48232	110	42	to	to	PART
cjfa-48232	110	43	compare	compare	VERB
cjfa-48232	110	44	them	they	PRON
cjfa-48232	110	45	with	with	ADP
cjfa-48232	110	46	the	the	DET
cjfa-48232	110	47	results	result	NOUN
cjfa-48232	110	48	from	from	ADP
cjfa-48232	110	49	the	the	DET
cjfa-48232	110	50	german	german	NOUN
cjfa-48232	110	51	dax	dax	VERB
cjfa-48232	110	52	the	the	DET
cjfa-48232	110	53	following	follow	VERB
cjfa-48232	110	54	key	key	ADJ
cjfa-48232	110	55	figures	figure	NOUN
cjfa-48232	110	56	will	will	AUX
cjfa-48232	110	57	be	be	AUX
cjfa-48232	110	58	calculated	calculate	VERB
cjfa-48232	110	59	and	and	CCONJ
cjfa-48232	110	60	analysed	analyse	VERB
cjfa-48232	110	61	:	:	PUNCT
cjfa-48232	110	62	return	return	NOUN
cjfa-48232	110	63	as	as	ADV
cjfa-48232	110	64	well	well	ADV
cjfa-48232	110	65	as	as	ADP
cjfa-48232	110	66	risk	risk	NOUN
cjfa-48232	110	67	(	(	PUNCT
cjfa-48232	110	68	in	in	ADP
cjfa-48232	110	69	terms	term	NOUN
cjfa-48232	110	70	of	of	ADP
cjfa-48232	110	71	volatility	volatility	NOUN
cjfa-48232	110	72	,	,	PUNCT
cjfa-48232	110	73	beta	beta	NOUN
cjfa-48232	110	74	,	,	PUNCT
cjfa-48232	110	75	maximum	maximum	ADJ
cjfa-48232	110	76	one	one	NUM
cjfa-48232	110	77	-	-	PUNCT
cjfa-48232	110	78	day	day	NOUN
cjfa-48232	110	79	-	-	PUNCT
cjfa-48232	110	80	loss	loss	NOUN
cjfa-48232	110	81	and	and	CCONJ
cjfa-48232	110	82	value	value	NOUN
cjfa-48232	110	83	at	at	ADP
cjfa-48232	110	84	risk	risk	NOUN
cjfa-48232	110	85	)	)	PUNCT
cjfa-48232	110	86	and	and	CCONJ
cjfa-48232	110	87	also	also	ADV
cjfa-48232	110	88	the	the	DET
cjfa-48232	110	89	sharpe	sharpe	NOUN
cjfa-48232	110	90	-	-	PUNCT
cjfa-48232	110	91	ratio	ratio	NOUN
cjfa-48232	110	92	as	as	ADP
cjfa-48232	110	93	combination	combination	NOUN
cjfa-48232	110	94	of	of	ADP
cjfa-48232	110	95	return	return	NOUN
cjfa-48232	110	96	and	and	CCONJ
cjfa-48232	110	97	risk	risk	NOUN
cjfa-48232	110	98	and	and	CCONJ
cjfa-48232	110	99	therefore	therefore	ADV
cjfa-48232	110	100	showing	show	VERB
cjfa-48232	110	101	the	the	DET
cjfa-48232	110	102	performance	performance	NOUN
cjfa-48232	110	103	of	of	ADP
cjfa-48232	110	104	an	an	DET
cjfa-48232	110	105	investment	investment	NOUN
cjfa-48232	110	106	.	.	PUNCT
cjfa-48232	111	1	accounting	accounting	NOUN
cjfa-48232	111	2	measures	measure	NOUN
cjfa-48232	111	3	,	,	PUNCT
cjfa-48232	111	4	such	such	ADJ
cjfa-48232	111	5	as	as	ADP
cjfa-48232	111	6	return	return	NOUN
cjfa-48232	111	7	-	-	PUNCT
cjfa-48232	111	8	on	on	ADP
cjfa-48232	111	9	-	-	PUNCT
cjfa-48232	111	10	equity	equity	NOUN
cjfa-48232	111	11	or	or	CCONJ
cjfa-48232	111	12	tobin	tobin	NOUN
cjfa-48232	111	13	’s	’s	PART
cjfa-48232	111	14	q	q	X
cjfa-48232	111	15	,	,	PUNCT
cjfa-48232	111	16	which	which	PRON
cjfa-48232	111	17	are	be	AUX
cjfa-48232	111	18	often	often	ADV
cjfa-48232	111	19	used	use	VERB
cjfa-48232	111	20	to	to	PART
cjfa-48232	111	21	measure	measure	VERB
cjfa-48232	111	22	a	a	DET
cjfa-48232	111	23	firm	firm	NOUN
cjfa-48232	111	24	’s	’s	PART
cjfa-48232	111	25	performance	performance	NOUN
cjfa-48232	111	26	,	,	PUNCT
cjfa-48232	111	27	will	will	AUX
cjfa-48232	111	28	not	not	PART
cjfa-48232	111	29	be	be	AUX
cjfa-48232	111	30	considered	consider	VERB
cjfa-48232	111	31	as	as	SCONJ
cjfa-48232	111	32	they	they	PRON
cjfa-48232	111	33	are	be	AUX
cjfa-48232	111	34	based	base	VERB
cjfa-48232	111	35	on	on	ADP
cjfa-48232	111	36	accounting	accounting	NOUN
cjfa-48232	111	37	numbers	number	NOUN
cjfa-48232	111	38	at	at	ADP
cjfa-48232	111	39	a	a	DET
cjfa-48232	111	40	single	single	ADJ
cjfa-48232	111	41	point	point	NOUN
cjfa-48232	111	42	in	in	ADP
cjfa-48232	111	43	time	time	NOUN
cjfa-48232	111	44	and	and	CCONJ
cjfa-48232	111	45	therefore	therefore	ADV
cjfa-48232	111	46	are	be	AUX
cjfa-48232	111	47	not	not	PART
cjfa-48232	111	48	suitable	suitable	ADJ
cjfa-48232	111	49	to	to	PART
cjfa-48232	111	50	analyse	analyse	VERB
cjfa-48232	111	51	the	the	DET
cjfa-48232	111	52	development	development	NOUN
cjfa-48232	111	53	over	over	ADP
cjfa-48232	111	54	a	a	DET
cjfa-48232	111	55	certain	certain	ADJ
cjfa-48232	111	56	period	period	NOUN
cjfa-48232	111	57	or	or	CCONJ
cjfa-48232	111	58	the	the	DET
cjfa-48232	111	59	performance	performance	NOUN
cjfa-48232	111	60	on	on	ADP
cjfa-48232	111	61	the	the	DET
cjfa-48232	111	62	stock	stock	NOUN
cjfa-48232	111	63	market	market	NOUN
cjfa-48232	111	64	.	.	PUNCT
cjfa-48232	112	1	all	all	DET
cjfa-48232	112	2	financial	financial	ADJ
cjfa-48232	112	3	key	key	ADJ
cjfa-48232	112	4	figures	figure	NOUN
cjfa-48232	112	5	will	will	AUX
cjfa-48232	112	6	be	be	AUX
cjfa-48232	112	7	examined	examine	VERB
cjfa-48232	112	8	over	over	ADP
cjfa-48232	112	9	6	6	NUM
cjfa-48232	112	10	years	year	NOUN
cjfa-48232	112	11	from	from	ADP
cjfa-48232	112	12	2017	2017	NUM
cjfa-48232	112	13	to	to	ADP
cjfa-48232	112	14	2022	2022	NUM
cjfa-48232	112	15	,	,	PUNCT
cjfa-48232	112	16	which	which	PRON
cjfa-48232	112	17	is	be	AUX
cjfa-48232	112	18	a	a	DET
cjfa-48232	112	19	three	three	NUM
cjfa-48232	112	20	-	-	PUNCT
cjfa-48232	112	21	year	year	NOUN
cjfa-48232	112	22	period	period	NOUN
cjfa-48232	112	23	before	before	ADP
cjfa-48232	112	24	the	the	DET
cjfa-48232	112	25	covid	covid	NOUN
cjfa-48232	112	26	-	-	ADJ
cjfa-48232	112	27	pandemic	pandemic	ADJ
cjfa-48232	112	28	and	and	CCONJ
cjfa-48232	112	29	a	a	DET
cjfa-48232	112	30	three	three	NUM
cjfa-48232	112	31	-	-	PUNCT
cjfa-48232	112	32	year	year	NOUN
cjfa-48232	112	33	period	period	NOUN
cjfa-48232	112	34	after	after	ADP
cjfa-48232	112	35	the	the	DET
cjfa-48232	112	36	start	start	NOUN
cjfa-48232	112	37	in	in	ADP
cjfa-48232	112	38	the	the	DET
cjfa-48232	112	39	beginning	beginning	NOUN
cjfa-48232	112	40	of	of	ADP
cjfa-48232	112	41	2020	2020	NUM
cjfa-48232	112	42	.	.	PUNCT
cjfa-48232	113	1	this	this	PRON
cjfa-48232	113	2	enables	enable	VERB
cjfa-48232	113	3	to	to	PART
cjfa-48232	113	4	show	show	VERB
cjfa-48232	113	5	the	the	DET
cjfa-48232	113	6	effects	effect	NOUN
cjfa-48232	113	7	of	of	ADP
cjfa-48232	113	8	the	the	DET
cjfa-48232	113	9	crises	crisis	NOUN
cjfa-48232	113	10	in	in	ADP
cjfa-48232	113	11	comparison	comparison	NOUN
cjfa-48232	113	12	to	to	ADP
cjfa-48232	113	13	the	the	DET
cjfa-48232	113	14	rather	rather	ADV
cjfa-48232	113	15	“	"	PUNCT
cjfa-48232	113	16	normal	normal	ADJ
cjfa-48232	113	17	”	"	PUNCT
cjfa-48232	113	18	times	time	NOUN
cjfa-48232	113	19	before	before	ADP
cjfa-48232	113	20	and	and	CCONJ
cjfa-48232	113	21	after	after	ADV
cjfa-48232	113	22	and	and	CCONJ
cjfa-48232	113	23	therefore	therefore	ADV
cjfa-48232	113	24	how	how	SCONJ
cjfa-48232	113	25	the	the	DET
cjfa-48232	113	26	crisis	crisis	NOUN
cjfa-48232	113	27	was	be	AUX
cjfa-48232	113	28	managed	manage	VERB
cjfa-48232	113	29	from	from	ADP
cjfa-48232	113	30	the	the	DET
cjfa-48232	113	31	shareholders	shareholder	NOUN
cjfa-48232	113	32	’	'	PUNCT
cjfa-48232	113	33	point	point	NOUN
cjfa-48232	113	34	of	of	ADP
cjfa-48232	113	35	view	view	NOUN
cjfa-48232	113	36	.	.	PUNCT
cjfa-48232	114	1	as	as	SCONJ
cjfa-48232	114	2	the	the	DET
cjfa-48232	114	3	stock	stock	NOUN
cjfa-48232	114	4	markets	market	NOUN
cjfa-48232	114	5	recovered	recover	VERB
cjfa-48232	114	6	quite	quite	ADV
cjfa-48232	114	7	fast	fast	ADV
cjfa-48232	114	8	from	from	ADP
cjfa-48232	114	9	the	the	DET
cjfa-48232	114	10	covid	covid	NOUN
cjfa-48232	114	11	-	-	NOUN
cjfa-48232	114	12	crash	crash	NOUN
cjfa-48232	114	13	in	in	ADP
cjfa-48232	114	14	2020	2020	NUM
cjfa-48232	114	15	,	,	PUNCT
cjfa-48232	114	16	the	the	DET
cjfa-48232	114	17	year	year	NOUN
cjfa-48232	114	18	2020	2020	NUM
cjfa-48232	114	19	will	will	AUX
cjfa-48232	114	20	be	be	AUX
cjfa-48232	114	21	considered	consider	VERB
cjfa-48232	114	22	as	as	ADP
cjfa-48232	114	23	the	the	DET
cjfa-48232	114	24	year	year	NOUN
cjfa-48232	114	25	of	of	ADP
cjfa-48232	114	26	the	the	DET
cjfa-48232	114	27	crisis	crisis	NOUN
cjfa-48232	114	28	,	,	PUNCT
cjfa-48232	114	29	whereas	whereas	SCONJ
cjfa-48232	114	30	the	the	DET
cjfa-48232	114	31	years	year	NOUN
cjfa-48232	114	32	2021	2021	NUM
cjfa-48232	114	33	and	and	CCONJ
cjfa-48232	114	34	the	the	DET
cjfa-48232	114	35	role	role	NOUN
cjfa-48232	114	36	of	of	ADP
cjfa-48232	114	37	female	female	ADJ
cjfa-48232	114	38	leadership	leadership	NOUN
cjfa-48232	114	39	in	in	ADP
cjfa-48232	114	40	times	time	NOUN
cjfa-48232	114	41	of	of	ADP
cjfa-48232	114	42	financial	financial	ADJ
cjfa-48232	114	43	crisis	crisis	NOUN
cjfa-48232	114	44	…	…	PUNCT
cjfa-48232	114	45	8787	8787	NUM
cjfa-48232	114	46	2022	2022	NUM
cjfa-48232	114	47	will	will	AUX
cjfa-48232	114	48	be	be	AUX
cjfa-48232	114	49	taken	take	VERB
cjfa-48232	114	50	as	as	ADP
cjfa-48232	114	51	“	"	PUNCT
cjfa-48232	114	52	normal	normal	ADJ
cjfa-48232	114	53	”	"	PUNCT
cjfa-48232	114	54	years	year	NOUN
cjfa-48232	114	55	.	.	PUNCT
cjfa-48232	115	1	this	this	DET
cjfa-48232	115	2	perspective	perspective	NOUN
cjfa-48232	115	3	only	only	ADV
cjfa-48232	115	4	applies	apply	VERB
cjfa-48232	115	5	to	to	ADP
cjfa-48232	115	6	the	the	DET
cjfa-48232	115	7	perspective	perspective	NOUN
cjfa-48232	115	8	looking	look	VERB
cjfa-48232	115	9	at	at	ADP
cjfa-48232	115	10	the	the	DET
cjfa-48232	115	11	stock	stock	NOUN
cjfa-48232	115	12	price	price	NOUN
cjfa-48232	115	13	development	development	NOUN
cjfa-48232	115	14	,	,	PUNCT
cjfa-48232	115	15	as	as	SCONJ
cjfa-48232	115	16	it	it	PRON
cjfa-48232	115	17	is	be	AUX
cjfa-48232	115	18	well	well	ADV
cjfa-48232	115	19	known	know	VERB
cjfa-48232	115	20	that	that	SCONJ
cjfa-48232	115	21	the	the	DET
cjfa-48232	115	22	covid	covid	NOUN
cjfa-48232	115	23	-	-	ADJ
cjfa-48232	115	24	pandemic	pandemic	ADJ
cjfa-48232	115	25	was	be	AUX
cjfa-48232	115	26	not	not	PART
cjfa-48232	115	27	over	over	ADV
cjfa-48232	115	28	at	at	ADP
cjfa-48232	115	29	the	the	DET
cjfa-48232	115	30	end	end	NOUN
cjfa-48232	115	31	of	of	ADP
cjfa-48232	115	32	2020	2020	NUM
cjfa-48232	115	33	.	.	PUNCT
cjfa-48232	116	1	obviously	obviously	ADV
cjfa-48232	116	2	the	the	DET
cjfa-48232	116	3	first	first	ADJ
cjfa-48232	116	4	aspect	aspect	NOUN
cjfa-48232	116	5	shareholders	shareholder	NOUN
cjfa-48232	116	6	evaluate	evaluate	VERB
cjfa-48232	116	7	is	be	AUX
cjfa-48232	116	8	the	the	DET
cjfa-48232	116	9	return	return	NOUN
cjfa-48232	116	10	of	of	ADP
cjfa-48232	116	11	their	their	PRON
cjfa-48232	116	12	company	company	NOUN
cjfa-48232	116	13	.	.	PUNCT
cjfa-48232	117	1	return	return	VERB
cjfa-48232	117	2	in	in	ADP
cjfa-48232	117	3	terms	term	NOUN
cjfa-48232	117	4	of	of	ADP
cjfa-48232	117	5	a	a	DET
cjfa-48232	117	6	stock	stock	NOUN
cjfa-48232	117	7	-	-	PUNCT
cjfa-48232	117	8	listed	list	VERB
cjfa-48232	117	9	firm	firm	NOUN
cjfa-48232	117	10	is	be	AUX
cjfa-48232	117	11	the	the	DET
cjfa-48232	117	12	increase	increase	NOUN
cjfa-48232	117	13	in	in	ADP
cjfa-48232	117	14	the	the	DET
cjfa-48232	117	15	share	share	NOUN
cjfa-48232	117	16	price	price	NOUN
cjfa-48232	117	17	(	(	PUNCT
cjfa-48232	117	18	as	as	SCONJ
cjfa-48232	117	19	adjusted	adjusted	ADJ
cjfa-48232	117	20	share	share	NOUN
cjfa-48232	117	21	prices	price	NOUN
cjfa-48232	117	22	are	be	AUX
cjfa-48232	117	23	used	use	VERB
cjfa-48232	117	24	,	,	PUNCT
cjfa-48232	117	25	changes	change	NOUN
cjfa-48232	117	26	in	in	ADP
cjfa-48232	117	27	share	share	NOUN
cjfa-48232	117	28	price	price	NOUN
cjfa-48232	117	29	also	also	ADV
cjfa-48232	117	30	include	include	VERB
cjfa-48232	117	31	all	all	DET
cjfa-48232	117	32	effects	effect	NOUN
cjfa-48232	117	33	from	from	ADP
cjfa-48232	117	34	capital	capital	NOUN
cjfa-48232	117	35	measures	measure	NOUN
cjfa-48232	117	36	such	such	ADJ
cjfa-48232	117	37	as	as	ADP
cjfa-48232	117	38	e.g.	e.g.	ADJ
cjfa-48232	117	39	,	,	PUNCT
cjfa-48232	117	40	dividends	dividend	NOUN
cjfa-48232	117	41	or	or	CCONJ
cjfa-48232	117	42	stock	stock	NOUN
cjfa-48232	117	43	splits	split	NOUN
cjfa-48232	117	44	)	)	PUNCT
cjfa-48232	117	45	.	.	PUNCT
cjfa-48232	118	1	due	due	ADP
cjfa-48232	118	2	to	to	ADP
cjfa-48232	118	3	their	their	PRON
cjfa-48232	118	4	time	time	NOUN
cjfa-48232	118	5	additivity	additivity	NOUN
cjfa-48232	118	6	,	,	PUNCT
cjfa-48232	118	7	returns	return	NOUN
cjfa-48232	118	8	will	will	AUX
cjfa-48232	118	9	be	be	AUX
cjfa-48232	118	10	calculated	calculate	VERB
cjfa-48232	118	11	as	as	ADP
cjfa-48232	118	12	continuous	continuous	ADJ
cjfa-48232	118	13	returns	return	NOUN
cjfa-48232	118	14	using	use	VERB
cjfa-48232	118	15	.	.	PUNCT
cjfa-48232	119	1	“	"	PUNCT
cjfa-48232	119	2	normal	normal	ADJ
cjfa-48232	119	3	”	"	PUNCT
cjfa-48232	119	4	times	time	NOUN
cjfa-48232	119	5	before	before	ADP
cjfa-48232	119	6	and	and	CCONJ
cjfa-48232	119	7	after	after	ADV
cjfa-48232	119	8	and	and	CCONJ
cjfa-48232	119	9	therefore	therefore	ADV
cjfa-48232	119	10	how	how	SCONJ
cjfa-48232	119	11	the	the	DET
cjfa-48232	119	12	crisis	crisis	NOUN
cjfa-48232	119	13	was	be	AUX
cjfa-48232	119	14	managed	manage	VERB
cjfa-48232	119	15	from	from	ADP
cjfa-48232	119	16	the	the	DET
cjfa-48232	119	17	shareholders	shareholder	NOUN
cjfa-48232	119	18	’	'	PUNCT
cjfa-48232	119	19	point	point	NOUN
cjfa-48232	119	20	of	of	ADP
cjfa-48232	119	21	view	view	NOUN
cjfa-48232	119	22	.	.	PUNCT
cjfa-48232	120	1	as	as	SCONJ
cjfa-48232	120	2	the	the	DET
cjfa-48232	120	3	stock	stock	NOUN
cjfa-48232	120	4	markets	market	NOUN
cjfa-48232	120	5	recovered	recover	VERB
cjfa-48232	120	6	quite	quite	ADV
cjfa-48232	120	7	fast	fast	ADV
cjfa-48232	120	8	from	from	ADP
cjfa-48232	120	9	the	the	DET
cjfa-48232	120	10	covidcrash	covidcrash	NOUN
cjfa-48232	120	11	in	in	ADP
cjfa-48232	120	12	2020	2020	NUM
cjfa-48232	120	13	,	,	PUNCT
cjfa-48232	120	14	the	the	DET
cjfa-48232	120	15	year	year	NOUN
cjfa-48232	120	16	2020	2020	NUM
cjfa-48232	120	17	will	will	AUX
cjfa-48232	120	18	be	be	AUX
cjfa-48232	120	19	considered	consider	VERB
cjfa-48232	120	20	as	as	ADP
cjfa-48232	120	21	the	the	DET
cjfa-48232	120	22	year	year	NOUN
cjfa-48232	120	23	of	of	ADP
cjfa-48232	120	24	the	the	DET
cjfa-48232	120	25	crisis	crisis	NOUN
cjfa-48232	120	26	,	,	PUNCT
cjfa-48232	120	27	whereas	whereas	SCONJ
cjfa-48232	120	28	the	the	DET
cjfa-48232	120	29	years	year	NOUN
cjfa-48232	120	30	2021	2021	NUM
cjfa-48232	120	31	and	and	CCONJ
cjfa-48232	120	32	2022	2022	NUM
cjfa-48232	120	33	will	will	AUX
cjfa-48232	120	34	be	be	AUX
cjfa-48232	120	35	taken	take	VERB
cjfa-48232	120	36	as	as	ADP
cjfa-48232	120	37	“	"	PUNCT
cjfa-48232	120	38	normal	normal	ADJ
cjfa-48232	120	39	”	"	PUNCT
cjfa-48232	120	40	years	year	NOUN
cjfa-48232	120	41	.	.	PUNCT
cjfa-48232	121	1	this	this	DET
cjfa-48232	121	2	perspective	perspective	NOUN
cjfa-48232	121	3	only	only	ADV
cjfa-48232	121	4	applies	apply	VERB
cjfa-48232	121	5	to	to	ADP
cjfa-48232	121	6	the	the	DET
cjfa-48232	121	7	perspective	perspective	NOUN
cjfa-48232	121	8	looking	look	VERB
cjfa-48232	121	9	at	at	ADP
cjfa-48232	121	10	the	the	DET
cjfa-48232	121	11	stock	stock	NOUN
cjfa-48232	121	12	price	price	NOUN
cjfa-48232	121	13	development	development	NOUN
cjfa-48232	121	14	,	,	PUNCT
cjfa-48232	121	15	as	as	SCONJ
cjfa-48232	121	16	it	it	PRON
cjfa-48232	121	17	is	be	AUX
cjfa-48232	121	18	well	well	ADV
cjfa-48232	121	19	known	know	VERB
cjfa-48232	121	20	that	that	SCONJ
cjfa-48232	121	21	the	the	DET
cjfa-48232	121	22	covidpandemic	covidpandemic	NOUN
cjfa-48232	121	23	was	be	AUX
cjfa-48232	121	24	not	not	PART
cjfa-48232	121	25	over	over	ADV
cjfa-48232	121	26	at	at	ADP
cjfa-48232	121	27	the	the	DET
cjfa-48232	121	28	end	end	NOUN
cjfa-48232	121	29	of	of	ADP
cjfa-48232	121	30	2020	2020	NUM
cjfa-48232	121	31	.	.	PUNCT
cjfa-48232	122	1	obviously	obviously	ADV
cjfa-48232	122	2	the	the	DET
cjfa-48232	122	3	first	first	ADJ
cjfa-48232	122	4	aspect	aspect	NOUN
cjfa-48232	122	5	shareholders	shareholder	NOUN
cjfa-48232	122	6	evaluate	evaluate	VERB
cjfa-48232	122	7	is	be	AUX
cjfa-48232	122	8	the	the	DET
cjfa-48232	122	9	return	return	NOUN
cjfa-48232	122	10	of	of	ADP
cjfa-48232	122	11	their	their	PRON
cjfa-48232	122	12	company	company	NOUN
cjfa-48232	122	13	.	.	PUNCT
cjfa-48232	123	1	return	return	VERB
cjfa-48232	123	2	in	in	ADP
cjfa-48232	123	3	terms	term	NOUN
cjfa-48232	123	4	of	of	ADP
cjfa-48232	123	5	a	a	DET
cjfa-48232	123	6	stock	stock	NOUN
cjfa-48232	123	7	-	-	PUNCT
cjfa-48232	123	8	listed	list	VERB
cjfa-48232	123	9	firm	firm	NOUN
cjfa-48232	123	10	is	be	AUX
cjfa-48232	123	11	the	the	DET
cjfa-48232	123	12	increase	increase	NOUN
cjfa-48232	123	13	in	in	ADP
cjfa-48232	123	14	the	the	DET
cjfa-48232	123	15	share	share	NOUN
cjfa-48232	123	16	price	price	NOUN
cjfa-48232	123	17	(	(	PUNCT
cjfa-48232	123	18	as	as	SCONJ
cjfa-48232	123	19	adjusted	adjusted	ADJ
cjfa-48232	123	20	share	share	NOUN
cjfa-48232	123	21	prices	price	NOUN
cjfa-48232	123	22	are	be	AUX
cjfa-48232	123	23	used	use	VERB
cjfa-48232	123	24	,	,	PUNCT
cjfa-48232	123	25	changes	change	NOUN
cjfa-48232	123	26	in	in	ADP
cjfa-48232	123	27	share	share	NOUN
cjfa-48232	123	28	price	price	NOUN
cjfa-48232	123	29	also	also	ADV
cjfa-48232	123	30	include	include	VERB
cjfa-48232	123	31	all	all	DET
cjfa-48232	123	32	effects	effect	NOUN
cjfa-48232	123	33	from	from	ADP
cjfa-48232	123	34	capital	capital	NOUN
cjfa-48232	123	35	measures	measure	NOUN
cjfa-48232	123	36	such	such	ADJ
cjfa-48232	123	37	as	as	ADP
cjfa-48232	123	38	e.g.	e.g.	ADJ
cjfa-48232	123	39	,	,	PUNCT
cjfa-48232	123	40	dividends	dividend	NOUN
cjfa-48232	123	41	or	or	CCONJ
cjfa-48232	123	42	stock	stock	NOUN
cjfa-48232	123	43	splits	split	NOUN
cjfa-48232	123	44	)	)	PUNCT
cjfa-48232	123	45	.	.	PUNCT
cjfa-48232	124	1	due	due	ADP
cjfa-48232	124	2	to	to	ADP
cjfa-48232	124	3	their	their	PRON
cjfa-48232	124	4	time	time	NOUN
cjfa-48232	124	5	additivity	additivity	NOUN
cjfa-48232	124	6	,	,	PUNCT
cjfa-48232	124	7	returns	return	NOUN
cjfa-48232	124	8	will	will	AUX
cjfa-48232	124	9	be	be	AUX
cjfa-48232	124	10	calculated	calculate	VERB
cjfa-48232	124	11	as	as	ADP
cjfa-48232	124	12	continuous	continuous	ADJ
cjfa-48232	124	13	returns	return	NOUN
cjfa-48232	124	14	using	use	VERB
cjfa-48232	124	15	.	.	PUNCT
cjfa-48232	125	1	𝑟𝑟	𝑟𝑟	ADP
cjfa-48232	125	2	�	�	PROPN
cjfa-48232	125	3	,	,	PUNCT
cjfa-48232	125	4	�	�	PROPN
cjfa-48232	125	5	�	�	PROPN
cjfa-48232	125	6	ln	ln	PROPN
cjfa-48232	125	7	�	�	PROPN
cjfa-48232	125	8	�	�	PROPN
cjfa-48232	125	9	�	�	PROPN
cjfa-48232	125	10	,	,	PUNCT
cjfa-48232	125	11	�	�	PROPN
cjfa-48232	125	12	�	�	PROPN
cjfa-48232	125	13	�	�	PROPN
cjfa-48232	125	14	�	�	PROPN
cjfa-48232	125	15	�	�	PROPN
cjfa-48232	125	16	,	,	PUNCT
cjfa-48232	125	17	�	�	PROPN
cjfa-48232	125	18	�	�	PROPN
cjfa-48232	125	19	(	(	PUNCT
cjfa-48232	125	20	2	2	NUM
cjfa-48232	125	21	)	)	PUNCT
cjfa-48232	125	22	where	where	SCONJ
cjfa-48232	125	23	:	:	PUNCT
cjfa-48232	125	24	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	125	25	�	�	PROPN
cjfa-48232	125	26	,	,	PUNCT
cjfa-48232	125	27	�	�	PROPN
cjfa-48232	125	28	is	be	AUX
cjfa-48232	125	29	the	the	DET
cjfa-48232	125	30	continuous	continuous	ADJ
cjfa-48232	125	31	return	return	NOUN
cjfa-48232	125	32	for	for	ADP
cjfa-48232	125	33	asset	asset	NOUN
cjfa-48232	125	34	i	i	PRON
cjfa-48232	125	35	at	at	ADP
cjfa-48232	125	36	time	time	NOUN
cjfa-48232	125	37	t	t	PROPN
cjfa-48232	125	38	,	,	PUNCT
cjfa-48232	125	39	𝑝𝑝	𝑝𝑝	PROPN
cjfa-48232	125	40	�	�	PROPN
cjfa-48232	125	41	,	,	PUNCT
cjfa-48232	125	42	�	�	PROPN
cjfa-48232	125	43	is	be	AUX
cjfa-48232	125	44	the	the	DET
cjfa-48232	125	45	stock	stock	NOUN
cjfa-48232	125	46	price	price	NOUN
cjfa-48232	125	47	for	for	ADP
cjfa-48232	125	48	asset	asset	NOUN
cjfa-48232	125	49	i	i	PRON
cjfa-48232	125	50	at	at	ADP
cjfa-48232	125	51	time	time	NOUN
cjfa-48232	125	52	t	t	PROPN
cjfa-48232	125	53	and	and	CCONJ
cjfa-48232	125	54	𝑝𝑝	𝑝𝑝	PROPN
cjfa-48232	125	55	�	�	PROPN
cjfa-48232	125	56	�	�	PROPN
cjfa-48232	125	57	�	�	PROPN
cjfa-48232	125	58	,	,	PUNCT
cjfa-48232	125	59	�	�	PROPN
cjfa-48232	125	60	is	be	AUX
cjfa-48232	125	61	the	the	DET
cjfa-48232	125	62	stock	stock	NOUN
cjfa-48232	125	63	price	price	NOUN
cjfa-48232	125	64	for	for	ADP
cjfa-48232	125	65	asset	asset	NOUN
cjfa-48232	125	66	i	i	PRON
cjfa-48232	125	67	at	at	ADP
cjfa-48232	125	68	time	time	NOUN
cjfa-48232	125	69	t-1	t-1	PROPN
cjfa-48232	125	70	.	.	PUNCT
cjfa-48232	126	1	as	as	SCONJ
cjfa-48232	126	2	return	return	NOUN
cjfa-48232	126	3	can	can	AUX
cjfa-48232	126	4	not	not	PART
cjfa-48232	126	5	be	be	AUX
cjfa-48232	126	6	evaluated	evaluate	VERB
cjfa-48232	126	7	without	without	ADP
cjfa-48232	126	8	taking	take	VERB
cjfa-48232	126	9	the	the	DET
cjfa-48232	126	10	risk	risk	NOUN
cjfa-48232	126	11	perspective	perspective	NOUN
cjfa-48232	126	12	into	into	ADP
cjfa-48232	126	13	account	account	NOUN
cjfa-48232	126	14	,	,	PUNCT
cjfa-48232	126	15	also	also	ADV
cjfa-48232	126	16	several	several	ADJ
cjfa-48232	126	17	risk	risk	NOUN
cjfa-48232	126	18	measures	measure	NOUN
cjfa-48232	126	19	will	will	AUX
cjfa-48232	126	20	be	be	AUX
cjfa-48232	126	21	calculated	calculate	VERB
cjfa-48232	126	22	and	and	CCONJ
cjfa-48232	126	23	compared	compare	VERB
cjfa-48232	126	24	.	.	PUNCT
cjfa-48232	127	1	first	first	ADV
cjfa-48232	127	2	,	,	PUNCT
cjfa-48232	127	3	as	as	SCONJ
cjfa-48232	127	4	this	this	PRON
cjfa-48232	127	5	is	be	AUX
cjfa-48232	127	6	the	the	DET
cjfa-48232	127	7	most	most	ADV
cjfa-48232	127	8	common	common	ADJ
cjfa-48232	127	9	risk	risk	NOUN
cjfa-48232	127	10	indicator	indicator	NOUN
cjfa-48232	127	11	when	when	SCONJ
cjfa-48232	127	12	talking	talk	VERB
cjfa-48232	127	13	about	about	ADP
cjfa-48232	127	14	stock	stock	NOUN
cjfa-48232	127	15	prices	price	NOUN
cjfa-48232	127	16	,	,	PUNCT
cjfa-48232	127	17	the	the	DET
cjfa-48232	127	18	volatility	volatility	NOUN
cjfa-48232	127	19	in	in	ADP
cjfa-48232	127	20	terms	term	NOUN
cjfa-48232	127	21	of	of	ADP
cjfa-48232	127	22	standard	standard	ADJ
cjfa-48232	127	23	deviation	deviation	NOUN
cjfa-48232	127	24	will	will	AUX
cjfa-48232	127	25	be	be	AUX
cjfa-48232	127	26	calculated	calculate	VERB
cjfa-48232	127	27	,	,	PUNCT
cjfa-48232	127	28	using	use	VERB
cjfa-48232	127	29	:	:	PUNCT
cjfa-48232	127	30	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	127	31	�	�	PROPN
cjfa-48232	127	32	�	�	PROPN
cjfa-48232	127	33	�	�	PROPN
cjfa-48232	127	34	�	�	PROPN
cjfa-48232	127	35	�	�	PROPN
cjfa-48232	127	36	�	�	PROPN
cjfa-48232	127	37	�	�	PROPN
cjfa-48232	127	38	∙	∙	PROPN
cjfa-48232	127	39	∑	∑	PUNCT
cjfa-48232	127	40	�	�	PROPN
cjfa-48232	127	41	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	127	42	�	�	PROPN
cjfa-48232	127	43	,	,	PUNCT
cjfa-48232	127	44	�	�	PROPN
cjfa-48232	127	45	�	�	PROPN
cjfa-48232	127	46	𝜇𝜇	𝜇𝜇	PROPN
cjfa-48232	127	47	�	�	PROPN
cjfa-48232	127	48	�	�	PROPN
cjfa-48232	127	49	�	�	PROPN
cjfa-48232	127	50	�	�	PROPN
cjfa-48232	127	51	�	�	PROPN
cjfa-48232	127	52	�	�	PROPN
cjfa-48232	127	53	�	�	PROPN
cjfa-48232	127	54	(	(	PUNCT
cjfa-48232	127	55	3	3	NUM
cjfa-48232	127	56	)	)	PUNCT
cjfa-48232	127	57	where	where	SCONJ
cjfa-48232	127	58	:	:	PUNCT
cjfa-48232	127	59	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	127	60	�	�	PROPN
cjfa-48232	127	61	is	be	AUX
cjfa-48232	127	62	the	the	DET
cjfa-48232	127	63	volatility	volatility	NOUN
cjfa-48232	127	64	(=	(=	NOUN
cjfa-48232	127	65	standard	standard	ADJ
cjfa-48232	127	66	deviation	deviation	NOUN
cjfa-48232	127	67	)	)	PUNCT
cjfa-48232	127	68	of	of	ADP
cjfa-48232	127	69	asset	asset	NOUN
cjfa-48232	127	70	i	i	PRON
cjfa-48232	127	71	,	,	PUNCT
cjfa-48232	127	72	𝑇𝑇	𝑇𝑇	PROPN
cjfa-48232	127	73	reflects	reflect	VERB
cjfa-48232	127	74	the	the	DET
cjfa-48232	127	75	number	number	NOUN
cjfa-48232	127	76	of	of	ADP
cjfa-48232	127	77	observations	observation	NOUN
cjfa-48232	127	78	,	,	PUNCT
cjfa-48232	127	79	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	127	80	�	�	PROPN
cjfa-48232	127	81	,	,	PUNCT
cjfa-48232	127	82	�	�	PROPN
cjfa-48232	127	83	is	be	AUX
cjfa-48232	127	84	the	the	DET
cjfa-48232	127	85	return	return	NOUN
cjfa-48232	127	86	for	for	ADP
cjfa-48232	127	87	asset	asset	NOUN
cjfa-48232	127	88	i	i	PRON
cjfa-48232	127	89	at	at	ADP
cjfa-48232	127	90	time	time	NOUN
cjfa-48232	127	91	t	t	PROPN
cjfa-48232	127	92	and	and	CCONJ
cjfa-48232	127	93	𝜇𝜇	𝜇𝜇	PROPN
cjfa-48232	127	94	�	�	PROPN
cjfa-48232	127	95	is	be	AUX
cjfa-48232	127	96	the	the	DET
cjfa-48232	127	97	mean	mean	ADJ
cjfa-48232	127	98	value	value	NOUN
cjfa-48232	127	99	of	of	ADP
cjfa-48232	127	100	returns	return	NOUN
cjfa-48232	127	101	for	for	ADP
cjfa-48232	127	102	asset	asset	NOUN
cjfa-48232	127	103	i.	i.	NOUN
cjfa-48232	127	104	as	as	SCONJ
cjfa-48232	127	105	the	the	DET
cjfa-48232	127	106	volatility	volatility	NOUN
cjfa-48232	127	107	calculation	calculation	NOUN
cjfa-48232	127	108	is	be	AUX
cjfa-48232	127	109	based	base	VERB
cjfa-48232	127	110	on	on	ADP
cjfa-48232	127	111	daily	daily	ADJ
cjfa-48232	127	112	stock	stock	NOUN
cjfa-48232	127	113	returns	return	NOUN
cjfa-48232	127	114	,	,	PUNCT
cjfa-48232	127	115	this	this	PRON
cjfa-48232	127	116	also	also	ADV
cjfa-48232	127	117	results	result	VERB
cjfa-48232	127	118	in	in	ADP
cjfa-48232	127	119	the	the	DET
cjfa-48232	127	120	daily	daily	ADJ
cjfa-48232	127	121	volatility	volatility	NOUN
cjfa-48232	127	122	.	.	PUNCT
cjfa-48232	128	1	to	to	PART
cjfa-48232	128	2	be	be	AUX
cjfa-48232	128	3	able	able	ADJ
cjfa-48232	128	4	to	to	PART
cjfa-48232	128	5	analyse	analyse	VERB
cjfa-48232	128	6	all	all	DET
cjfa-48232	128	7	financial	financial	ADJ
cjfa-48232	128	8	figures	figure	NOUN
cjfa-48232	128	9	per	per	ADP
cjfa-48232	128	10	year	year	NOUN
cjfa-48232	128	11	,	,	PUNCT
cjfa-48232	128	12	volatility	volatility	NOUN
cjfa-48232	128	13	must	must	AUX
cjfa-48232	128	14	be	be	AUX
cjfa-48232	128	15	annualised	annualise	VERB
cjfa-48232	128	16	using	use	VERB
cjfa-48232	128	17	:	:	PUNCT
cjfa-48232	128	18	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	128	19	�	�	PROPN
cjfa-48232	128	20	.	.	PROPN
cjfa-48232	128	21	�	�	PROPN
cjfa-48232	128	22	.	.	PROPN
cjfa-48232	128	23	�	�	PROPN
cjfa-48232	128	24	.	.	PUNCT
cjfa-48232	128	25	�	�	PROPN
cjfa-48232	128	26	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	128	27	�	�	PROPN
cjfa-48232	128	28	∙	∙	PROPN
cjfa-48232	128	29	�	�	PROPN
cjfa-48232	128	30	𝑁𝑁	𝑁𝑁	PROPN
cjfa-48232	128	31	�	�	PROPN
cjfa-48232	128	32	.	.	PROPN
cjfa-48232	128	33	�	�	PROPN
cjfa-48232	128	34	.	.	PUNCT
cjfa-48232	128	35	�	�	PROPN
cjfa-48232	128	36	4	4	NUM
cjfa-48232	128	37	�	�	PROPN
cjfa-48232	128	38	with	with	ADP
cjfa-48232	128	39	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	128	40	�	�	PROPN
cjfa-48232	128	41	.	.	PROPN
cjfa-48232	128	42	�	�	PROPN
cjfa-48232	128	43	.	.	PROPN
cjfa-48232	128	44	�	�	PROPN
cjfa-48232	128	45	.	.	PUNCT
cjfa-48232	129	1	being	be	AUX
cjfa-48232	129	2	the	the	DET
cjfa-48232	129	3	volatility	volatility	NOUN
cjfa-48232	129	4	of	of	ADP
cjfa-48232	129	5	asset	asset	NOUN
cjfa-48232	129	6	i	i	PRON
cjfa-48232	129	7	per	per	ADP
cjfa-48232	129	8	year	year	NOUN
cjfa-48232	129	9	,	,	PUNCT
cjfa-48232	129	10	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	129	11	�	�	PROPN
cjfa-48232	129	12	is	be	AUX
cjfa-48232	129	13	the	the	DET
cjfa-48232	129	14	daily	daily	ADJ
cjfa-48232	129	15	volatility	volatility	NOUN
cjfa-48232	129	16	of	of	ADP
cjfa-48232	129	17	asset	asset	NOUN
cjfa-48232	129	18	i	i	PROPN
cjfa-48232	129	19	and	and	CCONJ
cjfa-48232	129	20	𝑁𝑁	𝑁𝑁	PROPN
cjfa-48232	129	21	�	�	PROPN
cjfa-48232	129	22	.	.	PROPN
cjfa-48232	129	23	�	�	PROPN
cjfa-48232	129	24	.	.	PROPN
cjfa-48232	130	1	is	be	AUX
cjfa-48232	130	2	the	the	DET
cjfa-48232	130	3	number	number	NOUN
cjfa-48232	130	4	of	of	ADP
cjfa-48232	130	5	trading	trading	NOUN
cjfa-48232	130	6	days	day	NOUN
cjfa-48232	130	7	in	in	ADP
cjfa-48232	130	8	the	the	DET
cjfa-48232	130	9	respective	respective	ADJ
cjfa-48232	130	10	year	year	NOUN
cjfa-48232	130	11	.	.	PUNCT
cjfa-48232	131	1	afterwards	afterwards	ADV
cjfa-48232	131	2	,	,	PUNCT
cjfa-48232	131	3	risk	risk	NOUN
cjfa-48232	131	4	will	will	AUX
cjfa-48232	131	5	be	be	AUX
cjfa-48232	131	6	separated	separate	VERB
cjfa-48232	131	7	into	into	ADP
cjfa-48232	131	8	its	its	PRON
cjfa-48232	131	9	systematic	systematic	NOUN
cjfa-48232	131	10	and	and	CCONJ
cjfa-48232	131	11	its	its	PRON
cjfa-48232	131	12	idiosyncratic	idiosyncratic	ADJ
cjfa-48232	131	13	part	part	NOUN
cjfa-48232	131	14	.	.	PUNCT
cjfa-48232	132	1	as	as	SCONJ
cjfa-48232	132	2	idiosyncratic	idiosyncratic	ADJ
cjfa-48232	132	3	risk	risk	NOUN
cjfa-48232	132	4	can	can	AUX
cjfa-48232	132	5	be	be	AUX
cjfa-48232	132	6	eliminated	eliminate	VERB
cjfa-48232	132	7	by	by	ADP
cjfa-48232	132	8	diversification	diversification	NOUN
cjfa-48232	132	9	it	it	PRON
cjfa-48232	132	10	should	should	AUX
cjfa-48232	132	11	not	not	PART
cjfa-48232	132	12	be	be	AUX
cjfa-48232	132	13	a	a	DET
cjfa-48232	132	14	big	big	ADJ
cjfa-48232	132	15	issue	issue	NOUN
cjfa-48232	132	16	for	for	ADP
cjfa-48232	132	17	an	an	DET
cjfa-48232	132	18	investor	investor	NOUN
cjfa-48232	132	19	.	.	PUNCT
cjfa-48232	133	1	systematic	systematic	ADJ
cjfa-48232	133	2	risk	risk	NOUN
cjfa-48232	133	3	on	on	ADP
cjfa-48232	133	4	the	the	DET
cjfa-48232	133	5	other	other	ADJ
cjfa-48232	133	6	hand	hand	NOUN
cjfa-48232	133	7	,	,	PUNCT
cjfa-48232	133	8	must	must	AUX
cjfa-48232	133	9	be	be	AUX
cjfa-48232	133	10	compensated	compensate	VERB
cjfa-48232	133	11	by	by	ADP
cjfa-48232	133	12	a	a	DET
cjfa-48232	133	13	higher	high	ADJ
cjfa-48232	133	14	return	return	NOUN
cjfa-48232	133	15	to	to	ADP
cjfa-48232	133	16	investors	investor	NOUN
cjfa-48232	133	17	and	and	CCONJ
cjfa-48232	133	18	therefore	therefore	ADV
cjfa-48232	133	19	affects	affect	VERB
cjfa-48232	133	20	the	the	DET
cjfa-48232	133	21	cost	cost	NOUN
cjfa-48232	133	22	of	of	ADP
cjfa-48232	133	23	capital	capital	NOUN
cjfa-48232	133	24	for	for	ADP
cjfa-48232	133	25	the	the	DET
cjfa-48232	133	26	company	company	NOUN
cjfa-48232	133	27	.	.	PUNCT
cjfa-48232	134	1	systematic	systematic	ADJ
cjfa-48232	134	2	risk	risk	NOUN
cjfa-48232	134	3	can	can	AUX
cjfa-48232	134	4	be	be	AUX
cjfa-48232	134	5	(	(	PUNCT
cjfa-48232	134	6	2	2	NUM
cjfa-48232	134	7	)	)	PUNCT
cjfa-48232	134	8	where	where	SCONJ
cjfa-48232	134	9	:	:	PUNCT
cjfa-48232	134	10	rt	rt	X
cjfa-48232	134	11	,	,	PUNCT
cjfa-48232	134	12	i	i	PRON
cjfa-48232	134	13	is	be	AUX
cjfa-48232	134	14	the	the	DET
cjfa-48232	134	15	continuous	continuous	ADJ
cjfa-48232	134	16	return	return	NOUN
cjfa-48232	134	17	for	for	ADP
cjfa-48232	134	18	asset	asset	NOUN
cjfa-48232	134	19	i	i	PRON
cjfa-48232	134	20	at	at	ADP
cjfa-48232	134	21	time	time	NOUN
cjfa-48232	134	22	t	t	PROPN
cjfa-48232	134	23	,	,	PUNCT
cjfa-48232	134	24	pt	pt	X
cjfa-48232	134	25	,	,	PUNCT
cjfa-48232	134	26	i	i	PRON
cjfa-48232	134	27	is	be	AUX
cjfa-48232	134	28	the	the	DET
cjfa-48232	134	29	stock	stock	NOUN
cjfa-48232	134	30	price	price	NOUN
cjfa-48232	134	31	for	for	ADP
cjfa-48232	134	32	asset	asset	NOUN
cjfa-48232	134	33	i	i	PRON
cjfa-48232	134	34	at	at	ADP
cjfa-48232	134	35	time	time	NOUN
cjfa-48232	134	36	t	t	PROPN
cjfa-48232	134	37	and	and	CCONJ
cjfa-48232	134	38	is	be	AUX
cjfa-48232	134	39	the	the	DET
cjfa-48232	134	40	stock	stock	NOUN
cjfa-48232	134	41	price	price	NOUN
cjfa-48232	134	42	for	for	ADP
cjfa-48232	134	43	asset	asset	NOUN
cjfa-48232	134	44	i	i	PRON
cjfa-48232	134	45	at	at	ADP
cjfa-48232	134	46	time	time	NOUN
cjfa-48232	134	47	t-1	t-1	PROPN
cjfa-48232	134	48	.	.	PUNCT
cjfa-48232	135	1	as	as	SCONJ
cjfa-48232	135	2	return	return	NOUN
cjfa-48232	135	3	can	can	AUX
cjfa-48232	135	4	not	not	PART
cjfa-48232	135	5	be	be	AUX
cjfa-48232	135	6	evaluated	evaluate	VERB
cjfa-48232	135	7	without	without	ADP
cjfa-48232	135	8	taking	take	VERB
cjfa-48232	135	9	the	the	DET
cjfa-48232	135	10	risk	risk	NOUN
cjfa-48232	135	11	perspective	perspective	NOUN
cjfa-48232	135	12	into	into	ADP
cjfa-48232	135	13	account	account	NOUN
cjfa-48232	135	14	,	,	PUNCT
cjfa-48232	135	15	also	also	ADV
cjfa-48232	135	16	several	several	ADJ
cjfa-48232	135	17	risk	risk	NOUN
cjfa-48232	135	18	measures	measure	NOUN
cjfa-48232	135	19	will	will	AUX
cjfa-48232	135	20	be	be	AUX
cjfa-48232	135	21	calculated	calculate	VERB
cjfa-48232	135	22	and	and	CCONJ
cjfa-48232	135	23	compared	compare	VERB
cjfa-48232	135	24	.	.	PUNCT
cjfa-48232	136	1	first	first	ADV
cjfa-48232	136	2	,	,	PUNCT
cjfa-48232	136	3	as	as	SCONJ
cjfa-48232	136	4	this	this	PRON
cjfa-48232	136	5	is	be	AUX
cjfa-48232	136	6	the	the	DET
cjfa-48232	136	7	most	most	ADV
cjfa-48232	136	8	common	common	ADJ
cjfa-48232	136	9	risk	risk	NOUN
cjfa-48232	136	10	indicator	indicator	NOUN
cjfa-48232	136	11	when	when	SCONJ
cjfa-48232	136	12	talking	talk	VERB
cjfa-48232	136	13	about	about	ADP
cjfa-48232	136	14	stock	stock	NOUN
cjfa-48232	136	15	prices	price	NOUN
cjfa-48232	136	16	,	,	PUNCT
cjfa-48232	136	17	the	the	DET
cjfa-48232	136	18	volatility	volatility	NOUN
cjfa-48232	136	19	in	in	ADP
cjfa-48232	136	20	terms	term	NOUN
cjfa-48232	136	21	of	of	ADP
cjfa-48232	136	22	standard	standard	ADJ
cjfa-48232	136	23	deviation	deviation	NOUN
cjfa-48232	136	24	will	will	AUX
cjfa-48232	136	25	be	be	AUX
cjfa-48232	136	26	calculated	calculate	VERB
cjfa-48232	136	27	,	,	PUNCT
cjfa-48232	136	28	using	use	VERB
cjfa-48232	136	29	:	:	PUNCT
cjfa-48232	136	30	“	"	PUNCT
cjfa-48232	136	31	normal	normal	ADJ
cjfa-48232	136	32	”	"	PUNCT
cjfa-48232	136	33	times	time	NOUN
cjfa-48232	136	34	before	before	ADP
cjfa-48232	136	35	and	and	CCONJ
cjfa-48232	136	36	after	after	ADV
cjfa-48232	136	37	and	and	CCONJ
cjfa-48232	136	38	therefore	therefore	ADV
cjfa-48232	136	39	how	how	SCONJ
cjfa-48232	136	40	the	the	DET
cjfa-48232	136	41	crisis	crisis	NOUN
cjfa-48232	136	42	was	be	AUX
cjfa-48232	136	43	managed	manage	VERB
cjfa-48232	136	44	from	from	ADP
cjfa-48232	136	45	the	the	DET
cjfa-48232	136	46	shareholders	shareholder	NOUN
cjfa-48232	136	47	’	'	PUNCT
cjfa-48232	136	48	point	point	NOUN
cjfa-48232	136	49	of	of	ADP
cjfa-48232	136	50	view	view	NOUN
cjfa-48232	136	51	.	.	PUNCT
cjfa-48232	137	1	as	as	SCONJ
cjfa-48232	137	2	the	the	DET
cjfa-48232	137	3	stock	stock	NOUN
cjfa-48232	137	4	markets	market	NOUN
cjfa-48232	137	5	recovered	recover	VERB
cjfa-48232	137	6	quite	quite	ADV
cjfa-48232	137	7	fast	fast	ADV
cjfa-48232	137	8	from	from	ADP
cjfa-48232	137	9	the	the	DET
cjfa-48232	137	10	covidcrash	covidcrash	NOUN
cjfa-48232	137	11	in	in	ADP
cjfa-48232	137	12	2020	2020	NUM
cjfa-48232	137	13	,	,	PUNCT
cjfa-48232	137	14	the	the	DET
cjfa-48232	137	15	year	year	NOUN
cjfa-48232	137	16	2020	2020	NUM
cjfa-48232	137	17	will	will	AUX
cjfa-48232	137	18	be	be	AUX
cjfa-48232	137	19	considered	consider	VERB
cjfa-48232	137	20	as	as	ADP
cjfa-48232	137	21	the	the	DET
cjfa-48232	137	22	year	year	NOUN
cjfa-48232	137	23	of	of	ADP
cjfa-48232	137	24	the	the	DET
cjfa-48232	137	25	crisis	crisis	NOUN
cjfa-48232	137	26	,	,	PUNCT
cjfa-48232	137	27	whereas	whereas	SCONJ
cjfa-48232	137	28	the	the	DET
cjfa-48232	137	29	years	year	NOUN
cjfa-48232	137	30	2021	2021	NUM
cjfa-48232	137	31	and	and	CCONJ
cjfa-48232	137	32	2022	2022	NUM
cjfa-48232	137	33	will	will	AUX
cjfa-48232	137	34	be	be	AUX
cjfa-48232	137	35	taken	take	VERB
cjfa-48232	137	36	as	as	ADP
cjfa-48232	137	37	“	"	PUNCT
cjfa-48232	137	38	normal	normal	ADJ
cjfa-48232	137	39	”	"	PUNCT
cjfa-48232	137	40	years	year	NOUN
cjfa-48232	137	41	.	.	PUNCT
cjfa-48232	138	1	this	this	DET
cjfa-48232	138	2	perspective	perspective	NOUN
cjfa-48232	138	3	only	only	ADV
cjfa-48232	138	4	applies	apply	VERB
cjfa-48232	138	5	to	to	ADP
cjfa-48232	138	6	the	the	DET
cjfa-48232	138	7	perspective	perspective	NOUN
cjfa-48232	138	8	looking	look	VERB
cjfa-48232	138	9	at	at	ADP
cjfa-48232	138	10	the	the	DET
cjfa-48232	138	11	stock	stock	NOUN
cjfa-48232	138	12	price	price	NOUN
cjfa-48232	138	13	development	development	NOUN
cjfa-48232	138	14	,	,	PUNCT
cjfa-48232	138	15	as	as	SCONJ
cjfa-48232	138	16	it	it	PRON
cjfa-48232	138	17	is	be	AUX
cjfa-48232	138	18	well	well	ADV
cjfa-48232	138	19	known	know	VERB
cjfa-48232	138	20	that	that	SCONJ
cjfa-48232	138	21	the	the	DET
cjfa-48232	138	22	covidpandemic	covidpandemic	NOUN
cjfa-48232	138	23	was	be	AUX
cjfa-48232	138	24	not	not	PART
cjfa-48232	138	25	over	over	ADV
cjfa-48232	138	26	at	at	ADP
cjfa-48232	138	27	the	the	DET
cjfa-48232	138	28	end	end	NOUN
cjfa-48232	138	29	of	of	ADP
cjfa-48232	138	30	2020	2020	NUM
cjfa-48232	138	31	.	.	PUNCT
cjfa-48232	139	1	obviously	obviously	ADV
cjfa-48232	139	2	the	the	DET
cjfa-48232	139	3	first	first	ADJ
cjfa-48232	139	4	aspect	aspect	NOUN
cjfa-48232	139	5	shareholders	shareholder	NOUN
cjfa-48232	139	6	evaluate	evaluate	VERB
cjfa-48232	139	7	is	be	AUX
cjfa-48232	139	8	the	the	DET
cjfa-48232	139	9	return	return	NOUN
cjfa-48232	139	10	of	of	ADP
cjfa-48232	139	11	their	their	PRON
cjfa-48232	139	12	company	company	NOUN
cjfa-48232	139	13	.	.	PUNCT
cjfa-48232	140	1	return	return	VERB
cjfa-48232	140	2	in	in	ADP
cjfa-48232	140	3	terms	term	NOUN
cjfa-48232	140	4	of	of	ADP
cjfa-48232	140	5	a	a	DET
cjfa-48232	140	6	stock	stock	NOUN
cjfa-48232	140	7	-	-	PUNCT
cjfa-48232	140	8	listed	list	VERB
cjfa-48232	140	9	firm	firm	NOUN
cjfa-48232	140	10	is	be	AUX
cjfa-48232	140	11	the	the	DET
cjfa-48232	140	12	increase	increase	NOUN
cjfa-48232	140	13	in	in	ADP
cjfa-48232	140	14	the	the	DET
cjfa-48232	140	15	share	share	NOUN
cjfa-48232	140	16	price	price	NOUN
cjfa-48232	140	17	(	(	PUNCT
cjfa-48232	140	18	as	as	SCONJ
cjfa-48232	140	19	adjusted	adjusted	ADJ
cjfa-48232	140	20	share	share	NOUN
cjfa-48232	140	21	prices	price	NOUN
cjfa-48232	140	22	are	be	AUX
cjfa-48232	140	23	used	use	VERB
cjfa-48232	140	24	,	,	PUNCT
cjfa-48232	140	25	changes	change	NOUN
cjfa-48232	140	26	in	in	ADP
cjfa-48232	140	27	share	share	NOUN
cjfa-48232	140	28	price	price	NOUN
cjfa-48232	140	29	also	also	ADV
cjfa-48232	140	30	include	include	VERB
cjfa-48232	140	31	all	all	DET
cjfa-48232	140	32	effects	effect	NOUN
cjfa-48232	140	33	from	from	ADP
cjfa-48232	140	34	capital	capital	NOUN
cjfa-48232	140	35	measures	measure	NOUN
cjfa-48232	140	36	such	such	ADJ
cjfa-48232	140	37	as	as	ADP
cjfa-48232	140	38	e.g.	e.g.	ADJ
cjfa-48232	140	39	,	,	PUNCT
cjfa-48232	140	40	dividends	dividend	NOUN
cjfa-48232	140	41	or	or	CCONJ
cjfa-48232	140	42	stock	stock	NOUN
cjfa-48232	140	43	splits	split	NOUN
cjfa-48232	140	44	)	)	PUNCT
cjfa-48232	140	45	.	.	PUNCT
cjfa-48232	141	1	due	due	ADP
cjfa-48232	141	2	to	to	ADP
cjfa-48232	141	3	their	their	PRON
cjfa-48232	141	4	time	time	NOUN
cjfa-48232	141	5	additivity	additivity	NOUN
cjfa-48232	141	6	,	,	PUNCT
cjfa-48232	141	7	returns	return	NOUN
cjfa-48232	141	8	will	will	AUX
cjfa-48232	141	9	be	be	AUX
cjfa-48232	141	10	calculated	calculate	VERB
cjfa-48232	141	11	as	as	ADP
cjfa-48232	141	12	continuous	continuous	ADJ
cjfa-48232	141	13	returns	return	NOUN
cjfa-48232	141	14	using	use	VERB
cjfa-48232	141	15	.	.	PUNCT
cjfa-48232	142	1	𝑟𝑟	𝑟𝑟	ADP
cjfa-48232	142	2	�	�	PROPN
cjfa-48232	142	3	,	,	PUNCT
cjfa-48232	142	4	�	�	PROPN
cjfa-48232	142	5	�	�	PROPN
cjfa-48232	142	6	ln	ln	PROPN
cjfa-48232	142	7	�	�	PROPN
cjfa-48232	142	8	�	�	PROPN
cjfa-48232	142	9	�	�	PROPN
cjfa-48232	142	10	,	,	PUNCT
cjfa-48232	142	11	�	�	PROPN
cjfa-48232	142	12	�	�	PROPN
cjfa-48232	142	13	�	�	PROPN
cjfa-48232	142	14	�	�	PROPN
cjfa-48232	142	15	�	�	PROPN
cjfa-48232	142	16	,	,	PUNCT
cjfa-48232	142	17	�	�	PROPN
cjfa-48232	142	18	�	�	PROPN
cjfa-48232	142	19	(	(	PUNCT
cjfa-48232	142	20	2	2	NUM
cjfa-48232	142	21	)	)	PUNCT
cjfa-48232	142	22	where	where	SCONJ
cjfa-48232	142	23	:	:	PUNCT
cjfa-48232	142	24	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	142	25	�	�	PROPN
cjfa-48232	142	26	,	,	PUNCT
cjfa-48232	142	27	�	�	PROPN
cjfa-48232	142	28	is	be	AUX
cjfa-48232	142	29	the	the	DET
cjfa-48232	142	30	continuous	continuous	ADJ
cjfa-48232	142	31	return	return	NOUN
cjfa-48232	142	32	for	for	ADP
cjfa-48232	142	33	asset	asset	NOUN
cjfa-48232	142	34	i	i	PRON
cjfa-48232	142	35	at	at	ADP
cjfa-48232	142	36	time	time	NOUN
cjfa-48232	142	37	t	t	PROPN
cjfa-48232	142	38	,	,	PUNCT
cjfa-48232	142	39	𝑝𝑝	𝑝𝑝	PROPN
cjfa-48232	142	40	�	�	PROPN
cjfa-48232	142	41	,	,	PUNCT
cjfa-48232	142	42	�	�	PROPN
cjfa-48232	142	43	is	be	AUX
cjfa-48232	142	44	the	the	DET
cjfa-48232	142	45	stock	stock	NOUN
cjfa-48232	142	46	price	price	NOUN
cjfa-48232	142	47	for	for	ADP
cjfa-48232	142	48	asset	asset	NOUN
cjfa-48232	142	49	i	i	PRON
cjfa-48232	142	50	at	at	ADP
cjfa-48232	142	51	time	time	NOUN
cjfa-48232	142	52	t	t	PROPN
cjfa-48232	142	53	and	and	CCONJ
cjfa-48232	142	54	𝑝𝑝	𝑝𝑝	PROPN
cjfa-48232	142	55	�	�	PROPN
cjfa-48232	142	56	�	�	PROPN
cjfa-48232	142	57	�	�	PROPN
cjfa-48232	142	58	,	,	PUNCT
cjfa-48232	142	59	�	�	PROPN
cjfa-48232	142	60	is	be	AUX
cjfa-48232	142	61	the	the	DET
cjfa-48232	142	62	stock	stock	NOUN
cjfa-48232	142	63	price	price	NOUN
cjfa-48232	142	64	for	for	ADP
cjfa-48232	142	65	asset	asset	NOUN
cjfa-48232	142	66	i	i	PRON
cjfa-48232	142	67	at	at	ADP
cjfa-48232	142	68	time	time	NOUN
cjfa-48232	142	69	t-1	t-1	PROPN
cjfa-48232	142	70	.	.	PUNCT
cjfa-48232	143	1	as	as	SCONJ
cjfa-48232	143	2	return	return	NOUN
cjfa-48232	143	3	can	can	AUX
cjfa-48232	143	4	not	not	PART
cjfa-48232	143	5	be	be	AUX
cjfa-48232	143	6	evaluated	evaluate	VERB
cjfa-48232	143	7	without	without	ADP
cjfa-48232	143	8	taking	take	VERB
cjfa-48232	143	9	the	the	DET
cjfa-48232	143	10	risk	risk	NOUN
cjfa-48232	143	11	perspective	perspective	NOUN
cjfa-48232	143	12	into	into	ADP
cjfa-48232	143	13	account	account	NOUN
cjfa-48232	143	14	,	,	PUNCT
cjfa-48232	143	15	also	also	ADV
cjfa-48232	143	16	several	several	ADJ
cjfa-48232	143	17	risk	risk	NOUN
cjfa-48232	143	18	measures	measure	NOUN
cjfa-48232	143	19	will	will	AUX
cjfa-48232	143	20	be	be	AUX
cjfa-48232	143	21	calculated	calculate	VERB
cjfa-48232	143	22	and	and	CCONJ
cjfa-48232	143	23	compared	compare	VERB
cjfa-48232	143	24	.	.	PUNCT
cjfa-48232	144	1	first	first	ADV
cjfa-48232	144	2	,	,	PUNCT
cjfa-48232	144	3	as	as	SCONJ
cjfa-48232	144	4	this	this	PRON
cjfa-48232	144	5	is	be	AUX
cjfa-48232	144	6	the	the	DET
cjfa-48232	144	7	most	most	ADV
cjfa-48232	144	8	common	common	ADJ
cjfa-48232	144	9	risk	risk	NOUN
cjfa-48232	144	10	indicator	indicator	NOUN
cjfa-48232	144	11	when	when	SCONJ
cjfa-48232	144	12	talking	talk	VERB
cjfa-48232	144	13	about	about	ADP
cjfa-48232	144	14	stock	stock	NOUN
cjfa-48232	144	15	prices	price	NOUN
cjfa-48232	144	16	,	,	PUNCT
cjfa-48232	144	17	the	the	DET
cjfa-48232	144	18	volatility	volatility	NOUN
cjfa-48232	144	19	in	in	ADP
cjfa-48232	144	20	terms	term	NOUN
cjfa-48232	144	21	of	of	ADP
cjfa-48232	144	22	standard	standard	ADJ
cjfa-48232	144	23	deviation	deviation	NOUN
cjfa-48232	144	24	will	will	AUX
cjfa-48232	144	25	be	be	AUX
cjfa-48232	144	26	calculated	calculate	VERB
cjfa-48232	144	27	,	,	PUNCT
cjfa-48232	144	28	using	use	VERB
cjfa-48232	144	29	:	:	PUNCT
cjfa-48232	144	30	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	144	31	�	�	PROPN
cjfa-48232	144	32	�	�	PROPN
cjfa-48232	144	33	�	�	PROPN
cjfa-48232	144	34	�	�	PROPN
cjfa-48232	144	35	�	�	PROPN
cjfa-48232	144	36	�	�	PROPN
cjfa-48232	144	37	�	�	PROPN
cjfa-48232	144	38	∙	∙	PROPN
cjfa-48232	144	39	∑	∑	PUNCT
cjfa-48232	144	40	�	�	PROPN
cjfa-48232	144	41	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	144	42	�	�	PROPN
cjfa-48232	144	43	,	,	PUNCT
cjfa-48232	144	44	�	�	PROPN
cjfa-48232	144	45	�	�	PROPN
cjfa-48232	144	46	𝜇𝜇	𝜇𝜇	PROPN
cjfa-48232	144	47	�	�	PROPN
cjfa-48232	144	48	�	�	PROPN
cjfa-48232	144	49	�	�	PROPN
cjfa-48232	144	50	�	�	PROPN
cjfa-48232	144	51	�	�	PROPN
cjfa-48232	144	52	�	�	PROPN
cjfa-48232	144	53	�	�	PROPN
cjfa-48232	144	54	(	(	PUNCT
cjfa-48232	144	55	3	3	NUM
cjfa-48232	144	56	)	)	PUNCT
cjfa-48232	144	57	where	where	SCONJ
cjfa-48232	144	58	:	:	PUNCT
cjfa-48232	144	59	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	144	60	�	�	PROPN
cjfa-48232	144	61	is	be	AUX
cjfa-48232	144	62	the	the	DET
cjfa-48232	144	63	volatility	volatility	NOUN
cjfa-48232	144	64	(=	(=	NOUN
cjfa-48232	144	65	standard	standard	ADJ
cjfa-48232	144	66	deviation	deviation	NOUN
cjfa-48232	144	67	)	)	PUNCT
cjfa-48232	144	68	of	of	ADP
cjfa-48232	144	69	asset	asset	NOUN
cjfa-48232	144	70	i	i	PRON
cjfa-48232	144	71	,	,	PUNCT
cjfa-48232	144	72	𝑇𝑇	𝑇𝑇	PROPN
cjfa-48232	144	73	reflects	reflect	VERB
cjfa-48232	144	74	the	the	DET
cjfa-48232	144	75	number	number	NOUN
cjfa-48232	144	76	of	of	ADP
cjfa-48232	144	77	observations	observation	NOUN
cjfa-48232	144	78	,	,	PUNCT
cjfa-48232	144	79	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	144	80	�	�	PROPN
cjfa-48232	144	81	,	,	PUNCT
cjfa-48232	144	82	�	�	PROPN
cjfa-48232	144	83	is	be	AUX
cjfa-48232	144	84	the	the	DET
cjfa-48232	144	85	return	return	NOUN
cjfa-48232	144	86	for	for	ADP
cjfa-48232	144	87	asset	asset	NOUN
cjfa-48232	144	88	i	i	PRON
cjfa-48232	144	89	at	at	ADP
cjfa-48232	144	90	time	time	NOUN
cjfa-48232	144	91	t	t	PROPN
cjfa-48232	144	92	and	and	CCONJ
cjfa-48232	144	93	𝜇𝜇	𝜇𝜇	PROPN
cjfa-48232	144	94	�	�	PROPN
cjfa-48232	144	95	is	be	AUX
cjfa-48232	144	96	the	the	DET
cjfa-48232	144	97	mean	mean	ADJ
cjfa-48232	144	98	value	value	NOUN
cjfa-48232	144	99	of	of	ADP
cjfa-48232	144	100	returns	return	NOUN
cjfa-48232	144	101	for	for	ADP
cjfa-48232	144	102	asset	asset	NOUN
cjfa-48232	144	103	i.	i.	NOUN
cjfa-48232	144	104	as	as	SCONJ
cjfa-48232	144	105	the	the	DET
cjfa-48232	144	106	volatility	volatility	NOUN
cjfa-48232	144	107	calculation	calculation	NOUN
cjfa-48232	144	108	is	be	AUX
cjfa-48232	144	109	based	base	VERB
cjfa-48232	144	110	on	on	ADP
cjfa-48232	144	111	daily	daily	ADJ
cjfa-48232	144	112	stock	stock	NOUN
cjfa-48232	144	113	returns	return	NOUN
cjfa-48232	144	114	,	,	PUNCT
cjfa-48232	144	115	this	this	PRON
cjfa-48232	144	116	also	also	ADV
cjfa-48232	144	117	results	result	VERB
cjfa-48232	144	118	in	in	ADP
cjfa-48232	144	119	the	the	DET
cjfa-48232	144	120	daily	daily	ADJ
cjfa-48232	144	121	volatility	volatility	NOUN
cjfa-48232	144	122	.	.	PUNCT
cjfa-48232	145	1	to	to	PART
cjfa-48232	145	2	be	be	AUX
cjfa-48232	145	3	able	able	ADJ
cjfa-48232	145	4	to	to	PART
cjfa-48232	145	5	analyse	analyse	VERB
cjfa-48232	145	6	all	all	DET
cjfa-48232	145	7	financial	financial	ADJ
cjfa-48232	145	8	figures	figure	NOUN
cjfa-48232	145	9	per	per	ADP
cjfa-48232	145	10	year	year	NOUN
cjfa-48232	145	11	,	,	PUNCT
cjfa-48232	145	12	volatility	volatility	NOUN
cjfa-48232	145	13	must	must	AUX
cjfa-48232	145	14	be	be	AUX
cjfa-48232	145	15	annualised	annualise	VERB
cjfa-48232	145	16	using	use	VERB
cjfa-48232	145	17	:	:	PUNCT
cjfa-48232	145	18	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	145	19	�	�	PROPN
cjfa-48232	145	20	.	.	PROPN
cjfa-48232	145	21	�	�	PROPN
cjfa-48232	145	22	.	.	PROPN
cjfa-48232	145	23	�	�	PROPN
cjfa-48232	145	24	.	.	PUNCT
cjfa-48232	145	25	�	�	PROPN
cjfa-48232	145	26	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	145	27	�	�	PROPN
cjfa-48232	145	28	∙	∙	PROPN
cjfa-48232	145	29	�	�	PROPN
cjfa-48232	145	30	𝑁𝑁	𝑁𝑁	PROPN
cjfa-48232	145	31	�	�	PROPN
cjfa-48232	145	32	.	.	PROPN
cjfa-48232	145	33	�	�	PROPN
cjfa-48232	145	34	.	.	PUNCT
cjfa-48232	145	35	�	�	PROPN
cjfa-48232	145	36	4	4	NUM
cjfa-48232	145	37	�	�	PROPN
cjfa-48232	145	38	with	with	ADP
cjfa-48232	145	39	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	145	40	�	�	PROPN
cjfa-48232	145	41	.	.	PROPN
cjfa-48232	145	42	�	�	PROPN
cjfa-48232	145	43	.	.	PROPN
cjfa-48232	145	44	�	�	PROPN
cjfa-48232	145	45	.	.	PUNCT
cjfa-48232	146	1	being	be	AUX
cjfa-48232	146	2	the	the	DET
cjfa-48232	146	3	volatility	volatility	NOUN
cjfa-48232	146	4	of	of	ADP
cjfa-48232	146	5	asset	asset	NOUN
cjfa-48232	146	6	i	i	PRON
cjfa-48232	146	7	per	per	ADP
cjfa-48232	146	8	year	year	NOUN
cjfa-48232	146	9	,	,	PUNCT
cjfa-48232	146	10	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	146	11	�	�	PROPN
cjfa-48232	146	12	is	be	AUX
cjfa-48232	146	13	the	the	DET
cjfa-48232	146	14	daily	daily	ADJ
cjfa-48232	146	15	volatility	volatility	NOUN
cjfa-48232	146	16	of	of	ADP
cjfa-48232	146	17	asset	asset	NOUN
cjfa-48232	146	18	i	i	PROPN
cjfa-48232	146	19	and	and	CCONJ
cjfa-48232	146	20	𝑁𝑁	𝑁𝑁	PROPN
cjfa-48232	146	21	�	�	PROPN
cjfa-48232	146	22	.	.	PROPN
cjfa-48232	146	23	�	�	PROPN
cjfa-48232	146	24	.	.	PROPN
cjfa-48232	147	1	is	be	AUX
cjfa-48232	147	2	the	the	DET
cjfa-48232	147	3	number	number	NOUN
cjfa-48232	147	4	of	of	ADP
cjfa-48232	147	5	trading	trading	NOUN
cjfa-48232	147	6	days	day	NOUN
cjfa-48232	147	7	in	in	ADP
cjfa-48232	147	8	the	the	DET
cjfa-48232	147	9	respective	respective	ADJ
cjfa-48232	147	10	year	year	NOUN
cjfa-48232	147	11	.	.	PUNCT
cjfa-48232	148	1	afterwards	afterwards	ADV
cjfa-48232	148	2	,	,	PUNCT
cjfa-48232	148	3	risk	risk	NOUN
cjfa-48232	148	4	will	will	AUX
cjfa-48232	148	5	be	be	AUX
cjfa-48232	148	6	separated	separate	VERB
cjfa-48232	148	7	into	into	ADP
cjfa-48232	148	8	its	its	PRON
cjfa-48232	148	9	systematic	systematic	NOUN
cjfa-48232	148	10	and	and	CCONJ
cjfa-48232	148	11	its	its	PRON
cjfa-48232	148	12	idiosyncratic	idiosyncratic	ADJ
cjfa-48232	148	13	part	part	NOUN
cjfa-48232	148	14	.	.	PUNCT
cjfa-48232	149	1	as	as	SCONJ
cjfa-48232	149	2	idiosyncratic	idiosyncratic	ADJ
cjfa-48232	149	3	risk	risk	NOUN
cjfa-48232	149	4	can	can	AUX
cjfa-48232	149	5	be	be	AUX
cjfa-48232	149	6	eliminated	eliminate	VERB
cjfa-48232	149	7	by	by	ADP
cjfa-48232	149	8	diversification	diversification	NOUN
cjfa-48232	149	9	it	it	PRON
cjfa-48232	149	10	should	should	AUX
cjfa-48232	149	11	not	not	PART
cjfa-48232	149	12	be	be	AUX
cjfa-48232	149	13	a	a	DET
cjfa-48232	149	14	big	big	ADJ
cjfa-48232	149	15	issue	issue	NOUN
cjfa-48232	149	16	for	for	ADP
cjfa-48232	149	17	an	an	DET
cjfa-48232	149	18	investor	investor	NOUN
cjfa-48232	149	19	.	.	PUNCT
cjfa-48232	150	1	systematic	systematic	ADJ
cjfa-48232	150	2	risk	risk	NOUN
cjfa-48232	150	3	on	on	ADP
cjfa-48232	150	4	the	the	DET
cjfa-48232	150	5	other	other	ADJ
cjfa-48232	150	6	hand	hand	NOUN
cjfa-48232	150	7	,	,	PUNCT
cjfa-48232	150	8	must	must	AUX
cjfa-48232	150	9	be	be	AUX
cjfa-48232	150	10	compensated	compensate	VERB
cjfa-48232	150	11	by	by	ADP
cjfa-48232	150	12	a	a	DET
cjfa-48232	150	13	higher	high	ADJ
cjfa-48232	150	14	return	return	NOUN
cjfa-48232	150	15	to	to	ADP
cjfa-48232	150	16	investors	investor	NOUN
cjfa-48232	150	17	and	and	CCONJ
cjfa-48232	150	18	therefore	therefore	ADV
cjfa-48232	150	19	affects	affect	VERB
cjfa-48232	150	20	the	the	DET
cjfa-48232	150	21	cost	cost	NOUN
cjfa-48232	150	22	of	of	ADP
cjfa-48232	150	23	capital	capital	NOUN
cjfa-48232	150	24	for	for	ADP
cjfa-48232	150	25	the	the	DET
cjfa-48232	150	26	company	company	NOUN
cjfa-48232	150	27	.	.	PUNCT
cjfa-48232	151	1	systematic	systematic	ADJ
cjfa-48232	151	2	risk	risk	NOUN
cjfa-48232	151	3	can	can	AUX
cjfa-48232	151	4	be	be	AUX
cjfa-48232	151	5	(	(	PUNCT
cjfa-48232	151	6	3	3	NUM
cjfa-48232	151	7	)	)	PUNCT
cjfa-48232	151	8	where	where	SCONJ
cjfa-48232	151	9	:	:	PUNCT
cjfa-48232	151	10	σi	σi	PROPN
cjfa-48232	151	11	is	be	AUX
cjfa-48232	151	12	the	the	DET
cjfa-48232	151	13	volatility	volatility	NOUN
cjfa-48232	151	14	(=	(=	NOUN
cjfa-48232	151	15	standard	standard	ADJ
cjfa-48232	151	16	deviation	deviation	NOUN
cjfa-48232	151	17	)	)	PUNCT
cjfa-48232	151	18	of	of	ADP
cjfa-48232	151	19	asset	asset	NOUN
cjfa-48232	151	20	i	i	PRON
cjfa-48232	151	21	,	,	PUNCT
cjfa-48232	151	22	t	t	PROPN
cjfa-48232	151	23	reflects	reflect	VERB
cjfa-48232	151	24	the	the	DET
cjfa-48232	151	25	number	number	NOUN
cjfa-48232	151	26	of	of	ADP
cjfa-48232	151	27	observations	observation	NOUN
cjfa-48232	151	28	,	,	PUNCT
cjfa-48232	151	29	rt	rt	PROPN
cjfa-48232	151	30	,	,	PUNCT
cjfa-48232	151	31	i	i	PRON
cjfa-48232	151	32	is	be	AUX
cjfa-48232	151	33	the	the	DET
cjfa-48232	151	34	return	return	NOUN
cjfa-48232	151	35	for	for	ADP
cjfa-48232	151	36	asset	asset	NOUN
cjfa-48232	151	37	i	i	PRON
cjfa-48232	151	38	at	at	ADP
cjfa-48232	151	39	time	time	NOUN
cjfa-48232	151	40	t	t	PROPN
cjfa-48232	151	41	and	and	CCONJ
cjfa-48232	151	42	μi	μi	PROPN
cjfa-48232	151	43	is	be	AUX
cjfa-48232	151	44	the	the	DET
cjfa-48232	151	45	mean	mean	ADJ
cjfa-48232	151	46	value	value	NOUN
cjfa-48232	151	47	of	of	ADP
cjfa-48232	151	48	returns	return	NOUN
cjfa-48232	151	49	for	for	ADP
cjfa-48232	151	50	asset	asset	NOUN
cjfa-48232	151	51	i.	i.	NOUN
cjfa-48232	151	52	as	as	SCONJ
cjfa-48232	151	53	the	the	DET
cjfa-48232	151	54	volatility	volatility	NOUN
cjfa-48232	151	55	calculation	calculation	NOUN
cjfa-48232	151	56	is	be	AUX
cjfa-48232	151	57	based	base	VERB
cjfa-48232	151	58	on	on	ADP
cjfa-48232	151	59	daily	daily	ADJ
cjfa-48232	151	60	stock	stock	NOUN
cjfa-48232	151	61	returns	return	NOUN
cjfa-48232	151	62	,	,	PUNCT
cjfa-48232	151	63	this	this	PRON
cjfa-48232	151	64	also	also	ADV
cjfa-48232	151	65	results	result	VERB
cjfa-48232	151	66	in	in	ADP
cjfa-48232	151	67	the	the	DET
cjfa-48232	151	68	daily	daily	ADJ
cjfa-48232	151	69	volatility	volatility	NOUN
cjfa-48232	151	70	.	.	PUNCT
cjfa-48232	152	1	to	to	PART
cjfa-48232	152	2	be	be	AUX
cjfa-48232	152	3	able	able	ADJ
cjfa-48232	152	4	to	to	PART
cjfa-48232	152	5	analyse	analyse	VERB
cjfa-48232	152	6	all	all	DET
cjfa-48232	152	7	financial	financial	ADJ
cjfa-48232	152	8	figures	figure	NOUN
cjfa-48232	152	9	per	per	ADP
cjfa-48232	152	10	year	year	NOUN
cjfa-48232	152	11	,	,	PUNCT
cjfa-48232	152	12	volatility	volatility	NOUN
cjfa-48232	152	13	must	must	AUX
cjfa-48232	152	14	be	be	AUX
cjfa-48232	152	15	annualised	annualise	VERB
cjfa-48232	152	16	using	use	VERB
cjfa-48232	152	17	:	:	PUNCT
cjfa-48232	152	18	“	"	PUNCT
cjfa-48232	152	19	normal	normal	ADJ
cjfa-48232	152	20	”	"	PUNCT
cjfa-48232	152	21	times	time	NOUN
cjfa-48232	152	22	before	before	ADP
cjfa-48232	152	23	and	and	CCONJ
cjfa-48232	152	24	after	after	ADV
cjfa-48232	152	25	and	and	CCONJ
cjfa-48232	152	26	therefore	therefore	ADV
cjfa-48232	152	27	how	how	SCONJ
cjfa-48232	152	28	the	the	DET
cjfa-48232	152	29	crisis	crisis	NOUN
cjfa-48232	152	30	was	be	AUX
cjfa-48232	152	31	managed	manage	VERB
cjfa-48232	152	32	from	from	ADP
cjfa-48232	152	33	the	the	DET
cjfa-48232	152	34	shareholders	shareholder	NOUN
cjfa-48232	152	35	’	'	PUNCT
cjfa-48232	152	36	point	point	NOUN
cjfa-48232	152	37	of	of	ADP
cjfa-48232	152	38	view	view	NOUN
cjfa-48232	152	39	.	.	PUNCT
cjfa-48232	153	1	as	as	SCONJ
cjfa-48232	153	2	the	the	DET
cjfa-48232	153	3	stock	stock	NOUN
cjfa-48232	153	4	markets	market	NOUN
cjfa-48232	153	5	recovered	recover	VERB
cjfa-48232	153	6	quite	quite	ADV
cjfa-48232	153	7	fast	fast	ADV
cjfa-48232	153	8	from	from	ADP
cjfa-48232	153	9	the	the	DET
cjfa-48232	153	10	covidcrash	covidcrash	NOUN
cjfa-48232	153	11	in	in	ADP
cjfa-48232	153	12	2020	2020	NUM
cjfa-48232	153	13	,	,	PUNCT
cjfa-48232	153	14	the	the	DET
cjfa-48232	153	15	year	year	NOUN
cjfa-48232	153	16	2020	2020	NUM
cjfa-48232	153	17	will	will	AUX
cjfa-48232	153	18	be	be	AUX
cjfa-48232	153	19	considered	consider	VERB
cjfa-48232	153	20	as	as	ADP
cjfa-48232	153	21	the	the	DET
cjfa-48232	153	22	year	year	NOUN
cjfa-48232	153	23	of	of	ADP
cjfa-48232	153	24	the	the	DET
cjfa-48232	153	25	crisis	crisis	NOUN
cjfa-48232	153	26	,	,	PUNCT
cjfa-48232	153	27	whereas	whereas	SCONJ
cjfa-48232	153	28	the	the	DET
cjfa-48232	153	29	years	year	NOUN
cjfa-48232	153	30	2021	2021	NUM
cjfa-48232	153	31	and	and	CCONJ
cjfa-48232	153	32	2022	2022	NUM
cjfa-48232	153	33	will	will	AUX
cjfa-48232	153	34	be	be	AUX
cjfa-48232	153	35	taken	take	VERB
cjfa-48232	153	36	as	as	ADP
cjfa-48232	153	37	“	"	PUNCT
cjfa-48232	153	38	normal	normal	ADJ
cjfa-48232	153	39	”	"	PUNCT
cjfa-48232	153	40	years	year	NOUN
cjfa-48232	153	41	.	.	PUNCT
cjfa-48232	154	1	this	this	DET
cjfa-48232	154	2	perspective	perspective	NOUN
cjfa-48232	154	3	only	only	ADV
cjfa-48232	154	4	applies	apply	VERB
cjfa-48232	154	5	to	to	ADP
cjfa-48232	154	6	the	the	DET
cjfa-48232	154	7	perspective	perspective	NOUN
cjfa-48232	154	8	looking	look	VERB
cjfa-48232	154	9	at	at	ADP
cjfa-48232	154	10	the	the	DET
cjfa-48232	154	11	stock	stock	NOUN
cjfa-48232	154	12	price	price	NOUN
cjfa-48232	154	13	development	development	NOUN
cjfa-48232	154	14	,	,	PUNCT
cjfa-48232	154	15	as	as	SCONJ
cjfa-48232	154	16	it	it	PRON
cjfa-48232	154	17	is	be	AUX
cjfa-48232	154	18	well	well	ADV
cjfa-48232	154	19	known	know	VERB
cjfa-48232	154	20	that	that	SCONJ
cjfa-48232	154	21	the	the	DET
cjfa-48232	154	22	covidpandemic	covidpandemic	NOUN
cjfa-48232	154	23	was	be	AUX
cjfa-48232	154	24	not	not	PART
cjfa-48232	154	25	over	over	ADV
cjfa-48232	154	26	at	at	ADP
cjfa-48232	154	27	the	the	DET
cjfa-48232	154	28	end	end	NOUN
cjfa-48232	154	29	of	of	ADP
cjfa-48232	154	30	2020	2020	NUM
cjfa-48232	154	31	.	.	PUNCT
cjfa-48232	155	1	obviously	obviously	ADV
cjfa-48232	155	2	the	the	DET
cjfa-48232	155	3	first	first	ADJ
cjfa-48232	155	4	aspect	aspect	NOUN
cjfa-48232	155	5	shareholders	shareholder	NOUN
cjfa-48232	155	6	evaluate	evaluate	VERB
cjfa-48232	155	7	is	be	AUX
cjfa-48232	155	8	the	the	DET
cjfa-48232	155	9	return	return	NOUN
cjfa-48232	155	10	of	of	ADP
cjfa-48232	155	11	their	their	PRON
cjfa-48232	155	12	company	company	NOUN
cjfa-48232	155	13	.	.	PUNCT
cjfa-48232	156	1	return	return	VERB
cjfa-48232	156	2	in	in	ADP
cjfa-48232	156	3	terms	term	NOUN
cjfa-48232	156	4	of	of	ADP
cjfa-48232	156	5	a	a	DET
cjfa-48232	156	6	stock	stock	NOUN
cjfa-48232	156	7	-	-	PUNCT
cjfa-48232	156	8	listed	list	VERB
cjfa-48232	156	9	firm	firm	NOUN
cjfa-48232	156	10	is	be	AUX
cjfa-48232	156	11	the	the	DET
cjfa-48232	156	12	increase	increase	NOUN
cjfa-48232	156	13	in	in	ADP
cjfa-48232	156	14	the	the	DET
cjfa-48232	156	15	share	share	NOUN
cjfa-48232	156	16	price	price	NOUN
cjfa-48232	156	17	(	(	PUNCT
cjfa-48232	156	18	as	as	SCONJ
cjfa-48232	156	19	adjusted	adjusted	ADJ
cjfa-48232	156	20	share	share	NOUN
cjfa-48232	156	21	prices	price	NOUN
cjfa-48232	156	22	are	be	AUX
cjfa-48232	156	23	used	use	VERB
cjfa-48232	156	24	,	,	PUNCT
cjfa-48232	156	25	changes	change	NOUN
cjfa-48232	156	26	in	in	ADP
cjfa-48232	156	27	share	share	NOUN
cjfa-48232	156	28	price	price	NOUN
cjfa-48232	156	29	also	also	ADV
cjfa-48232	156	30	include	include	VERB
cjfa-48232	156	31	all	all	DET
cjfa-48232	156	32	effects	effect	NOUN
cjfa-48232	156	33	from	from	ADP
cjfa-48232	156	34	capital	capital	NOUN
cjfa-48232	156	35	measures	measure	NOUN
cjfa-48232	156	36	such	such	ADJ
cjfa-48232	156	37	as	as	ADP
cjfa-48232	156	38	e.g.	e.g.	ADJ
cjfa-48232	156	39	,	,	PUNCT
cjfa-48232	156	40	dividends	dividend	NOUN
cjfa-48232	156	41	or	or	CCONJ
cjfa-48232	156	42	stock	stock	NOUN
cjfa-48232	156	43	splits	split	NOUN
cjfa-48232	156	44	)	)	PUNCT
cjfa-48232	156	45	.	.	PUNCT
cjfa-48232	157	1	due	due	ADP
cjfa-48232	157	2	to	to	ADP
cjfa-48232	157	3	their	their	PRON
cjfa-48232	157	4	time	time	NOUN
cjfa-48232	157	5	additivity	additivity	NOUN
cjfa-48232	157	6	,	,	PUNCT
cjfa-48232	157	7	returns	return	NOUN
cjfa-48232	157	8	will	will	AUX
cjfa-48232	157	9	be	be	AUX
cjfa-48232	157	10	calculated	calculate	VERB
cjfa-48232	157	11	as	as	ADP
cjfa-48232	157	12	continuous	continuous	ADJ
cjfa-48232	157	13	returns	return	NOUN
cjfa-48232	157	14	using	use	VERB
cjfa-48232	157	15	.	.	PUNCT
cjfa-48232	158	1	𝑟𝑟	𝑟𝑟	ADP
cjfa-48232	158	2	�	�	PROPN
cjfa-48232	158	3	,	,	PUNCT
cjfa-48232	158	4	�	�	PROPN
cjfa-48232	158	5	�	�	PROPN
cjfa-48232	158	6	ln	ln	PROPN
cjfa-48232	158	7	�	�	PROPN
cjfa-48232	158	8	�	�	PROPN
cjfa-48232	158	9	�	�	PROPN
cjfa-48232	158	10	,	,	PUNCT
cjfa-48232	158	11	�	�	PROPN
cjfa-48232	158	12	�	�	PROPN
cjfa-48232	158	13	�	�	PROPN
cjfa-48232	158	14	�	�	PROPN
cjfa-48232	158	15	�	�	PROPN
cjfa-48232	158	16	,	,	PUNCT
cjfa-48232	158	17	�	�	PROPN
cjfa-48232	158	18	�	�	PROPN
cjfa-48232	158	19	(	(	PUNCT
cjfa-48232	158	20	2	2	NUM
cjfa-48232	158	21	)	)	PUNCT
cjfa-48232	158	22	where	where	SCONJ
cjfa-48232	158	23	:	:	PUNCT
cjfa-48232	158	24	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	158	25	�	�	PROPN
cjfa-48232	158	26	,	,	PUNCT
cjfa-48232	158	27	�	�	PROPN
cjfa-48232	158	28	is	be	AUX
cjfa-48232	158	29	the	the	DET
cjfa-48232	158	30	continuous	continuous	ADJ
cjfa-48232	158	31	return	return	NOUN
cjfa-48232	158	32	for	for	ADP
cjfa-48232	158	33	asset	asset	NOUN
cjfa-48232	158	34	i	i	PRON
cjfa-48232	158	35	at	at	ADP
cjfa-48232	158	36	time	time	NOUN
cjfa-48232	158	37	t	t	PROPN
cjfa-48232	158	38	,	,	PUNCT
cjfa-48232	158	39	𝑝𝑝	𝑝𝑝	PROPN
cjfa-48232	158	40	�	�	PROPN
cjfa-48232	158	41	,	,	PUNCT
cjfa-48232	158	42	�	�	PROPN
cjfa-48232	158	43	is	be	AUX
cjfa-48232	158	44	the	the	DET
cjfa-48232	158	45	stock	stock	NOUN
cjfa-48232	158	46	price	price	NOUN
cjfa-48232	158	47	for	for	ADP
cjfa-48232	158	48	asset	asset	NOUN
cjfa-48232	158	49	i	i	PRON
cjfa-48232	158	50	at	at	ADP
cjfa-48232	158	51	time	time	NOUN
cjfa-48232	158	52	t	t	PROPN
cjfa-48232	158	53	and	and	CCONJ
cjfa-48232	158	54	𝑝𝑝	𝑝𝑝	PROPN
cjfa-48232	158	55	�	�	PROPN
cjfa-48232	158	56	�	�	PROPN
cjfa-48232	158	57	�	�	PROPN
cjfa-48232	158	58	,	,	PUNCT
cjfa-48232	158	59	�	�	PROPN
cjfa-48232	158	60	is	be	AUX
cjfa-48232	158	61	the	the	DET
cjfa-48232	158	62	stock	stock	NOUN
cjfa-48232	158	63	price	price	NOUN
cjfa-48232	158	64	for	for	ADP
cjfa-48232	158	65	asset	asset	NOUN
cjfa-48232	158	66	i	i	PRON
cjfa-48232	158	67	at	at	ADP
cjfa-48232	158	68	time	time	NOUN
cjfa-48232	158	69	t-1	t-1	PROPN
cjfa-48232	158	70	.	.	PUNCT
cjfa-48232	159	1	as	as	SCONJ
cjfa-48232	159	2	return	return	NOUN
cjfa-48232	159	3	can	can	AUX
cjfa-48232	159	4	not	not	PART
cjfa-48232	159	5	be	be	AUX
cjfa-48232	159	6	evaluated	evaluate	VERB
cjfa-48232	159	7	without	without	ADP
cjfa-48232	159	8	taking	take	VERB
cjfa-48232	159	9	the	the	DET
cjfa-48232	159	10	risk	risk	NOUN
cjfa-48232	159	11	perspective	perspective	NOUN
cjfa-48232	159	12	into	into	ADP
cjfa-48232	159	13	account	account	NOUN
cjfa-48232	159	14	,	,	PUNCT
cjfa-48232	159	15	also	also	ADV
cjfa-48232	159	16	several	several	ADJ
cjfa-48232	159	17	risk	risk	NOUN
cjfa-48232	159	18	measures	measure	NOUN
cjfa-48232	159	19	will	will	AUX
cjfa-48232	159	20	be	be	AUX
cjfa-48232	159	21	calculated	calculate	VERB
cjfa-48232	159	22	and	and	CCONJ
cjfa-48232	159	23	compared	compare	VERB
cjfa-48232	159	24	.	.	PUNCT
cjfa-48232	160	1	first	first	ADV
cjfa-48232	160	2	,	,	PUNCT
cjfa-48232	160	3	as	as	SCONJ
cjfa-48232	160	4	this	this	PRON
cjfa-48232	160	5	is	be	AUX
cjfa-48232	160	6	the	the	DET
cjfa-48232	160	7	most	most	ADV
cjfa-48232	160	8	common	common	ADJ
cjfa-48232	160	9	risk	risk	NOUN
cjfa-48232	160	10	indicator	indicator	NOUN
cjfa-48232	160	11	when	when	SCONJ
cjfa-48232	160	12	talking	talk	VERB
cjfa-48232	160	13	about	about	ADP
cjfa-48232	160	14	stock	stock	NOUN
cjfa-48232	160	15	prices	price	NOUN
cjfa-48232	160	16	,	,	PUNCT
cjfa-48232	160	17	the	the	DET
cjfa-48232	160	18	volatility	volatility	NOUN
cjfa-48232	160	19	in	in	ADP
cjfa-48232	160	20	terms	term	NOUN
cjfa-48232	160	21	of	of	ADP
cjfa-48232	160	22	standard	standard	ADJ
cjfa-48232	160	23	deviation	deviation	NOUN
cjfa-48232	160	24	will	will	AUX
cjfa-48232	160	25	be	be	AUX
cjfa-48232	160	26	calculated	calculate	VERB
cjfa-48232	160	27	,	,	PUNCT
cjfa-48232	160	28	using	use	VERB
cjfa-48232	160	29	:	:	PUNCT
cjfa-48232	160	30	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	160	31	�	�	PROPN
cjfa-48232	160	32	�	�	PROPN
cjfa-48232	160	33	�	�	PROPN
cjfa-48232	160	34	�	�	PROPN
cjfa-48232	160	35	�	�	PROPN
cjfa-48232	160	36	�	�	PROPN
cjfa-48232	160	37	�	�	PROPN
cjfa-48232	160	38	∙	∙	PROPN
cjfa-48232	160	39	∑	∑	PUNCT
cjfa-48232	160	40	�	�	PROPN
cjfa-48232	160	41	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	160	42	�	�	PROPN
cjfa-48232	160	43	,	,	PUNCT
cjfa-48232	160	44	�	�	PROPN
cjfa-48232	160	45	�	�	PROPN
cjfa-48232	160	46	𝜇𝜇	𝜇𝜇	PROPN
cjfa-48232	160	47	�	�	PROPN
cjfa-48232	160	48	�	�	PROPN
cjfa-48232	160	49	�	�	PROPN
cjfa-48232	160	50	�	�	PROPN
cjfa-48232	160	51	�	�	PROPN
cjfa-48232	160	52	�	�	PROPN
cjfa-48232	160	53	�	�	PROPN
cjfa-48232	160	54	(	(	PUNCT
cjfa-48232	160	55	3	3	NUM
cjfa-48232	160	56	)	)	PUNCT
cjfa-48232	160	57	where	where	SCONJ
cjfa-48232	160	58	:	:	PUNCT
cjfa-48232	160	59	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	160	60	�	�	PROPN
cjfa-48232	160	61	is	be	AUX
cjfa-48232	160	62	the	the	DET
cjfa-48232	160	63	volatility	volatility	NOUN
cjfa-48232	160	64	(=	(=	NOUN
cjfa-48232	160	65	standard	standard	ADJ
cjfa-48232	160	66	deviation	deviation	NOUN
cjfa-48232	160	67	)	)	PUNCT
cjfa-48232	160	68	of	of	ADP
cjfa-48232	160	69	asset	asset	NOUN
cjfa-48232	160	70	i	i	PRON
cjfa-48232	160	71	,	,	PUNCT
cjfa-48232	160	72	𝑇𝑇	𝑇𝑇	PROPN
cjfa-48232	160	73	reflects	reflect	VERB
cjfa-48232	160	74	the	the	DET
cjfa-48232	160	75	number	number	NOUN
cjfa-48232	160	76	of	of	ADP
cjfa-48232	160	77	observations	observation	NOUN
cjfa-48232	160	78	,	,	PUNCT
cjfa-48232	160	79	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	160	80	�	�	PROPN
cjfa-48232	160	81	,	,	PUNCT
cjfa-48232	160	82	�	�	PROPN
cjfa-48232	160	83	is	be	AUX
cjfa-48232	160	84	the	the	DET
cjfa-48232	160	85	return	return	NOUN
cjfa-48232	160	86	for	for	ADP
cjfa-48232	160	87	asset	asset	NOUN
cjfa-48232	160	88	i	i	PRON
cjfa-48232	160	89	at	at	ADP
cjfa-48232	160	90	time	time	NOUN
cjfa-48232	160	91	t	t	PROPN
cjfa-48232	160	92	and	and	CCONJ
cjfa-48232	160	93	𝜇𝜇	𝜇𝜇	PROPN
cjfa-48232	160	94	�	�	PROPN
cjfa-48232	160	95	is	be	AUX
cjfa-48232	160	96	the	the	DET
cjfa-48232	160	97	mean	mean	ADJ
cjfa-48232	160	98	value	value	NOUN
cjfa-48232	160	99	of	of	ADP
cjfa-48232	160	100	returns	return	NOUN
cjfa-48232	160	101	for	for	ADP
cjfa-48232	160	102	asset	asset	NOUN
cjfa-48232	160	103	i.	i.	NOUN
cjfa-48232	160	104	as	as	SCONJ
cjfa-48232	160	105	the	the	DET
cjfa-48232	160	106	volatility	volatility	NOUN
cjfa-48232	160	107	calculation	calculation	NOUN
cjfa-48232	160	108	is	be	AUX
cjfa-48232	160	109	based	base	VERB
cjfa-48232	160	110	on	on	ADP
cjfa-48232	160	111	daily	daily	ADJ
cjfa-48232	160	112	stock	stock	NOUN
cjfa-48232	160	113	returns	return	NOUN
cjfa-48232	160	114	,	,	PUNCT
cjfa-48232	160	115	this	this	PRON
cjfa-48232	160	116	also	also	ADV
cjfa-48232	160	117	results	result	VERB
cjfa-48232	160	118	in	in	ADP
cjfa-48232	160	119	the	the	DET
cjfa-48232	160	120	daily	daily	ADJ
cjfa-48232	160	121	volatility	volatility	NOUN
cjfa-48232	160	122	.	.	PUNCT
cjfa-48232	161	1	to	to	PART
cjfa-48232	161	2	be	be	AUX
cjfa-48232	161	3	able	able	ADJ
cjfa-48232	161	4	to	to	PART
cjfa-48232	161	5	analyse	analyse	VERB
cjfa-48232	161	6	all	all	DET
cjfa-48232	161	7	financial	financial	ADJ
cjfa-48232	161	8	figures	figure	NOUN
cjfa-48232	161	9	per	per	ADP
cjfa-48232	161	10	year	year	NOUN
cjfa-48232	161	11	,	,	PUNCT
cjfa-48232	161	12	volatility	volatility	NOUN
cjfa-48232	161	13	must	must	AUX
cjfa-48232	161	14	be	be	AUX
cjfa-48232	161	15	annualised	annualise	VERB
cjfa-48232	161	16	using	use	VERB
cjfa-48232	161	17	:	:	PUNCT
cjfa-48232	161	18	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	161	19	�	�	PROPN
cjfa-48232	161	20	.	.	PROPN
cjfa-48232	161	21	�	�	PROPN
cjfa-48232	161	22	.	.	PROPN
cjfa-48232	161	23	�	�	PROPN
cjfa-48232	161	24	.	.	PUNCT
cjfa-48232	161	25	�	�	PROPN
cjfa-48232	161	26	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	161	27	�	�	PROPN
cjfa-48232	161	28	∙	∙	PROPN
cjfa-48232	161	29	�	�	PROPN
cjfa-48232	161	30	𝑁𝑁	𝑁𝑁	PROPN
cjfa-48232	161	31	�	�	PROPN
cjfa-48232	161	32	.	.	PROPN
cjfa-48232	161	33	�	�	PROPN
cjfa-48232	161	34	.	.	PUNCT
cjfa-48232	161	35	�	�	PROPN
cjfa-48232	161	36	4	4	NUM
cjfa-48232	161	37	�	�	PROPN
cjfa-48232	161	38	with	with	ADP
cjfa-48232	161	39	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	161	40	�	�	PROPN
cjfa-48232	161	41	.	.	PROPN
cjfa-48232	161	42	�	�	PROPN
cjfa-48232	161	43	.	.	PROPN
cjfa-48232	161	44	�	�	PROPN
cjfa-48232	161	45	.	.	PUNCT
cjfa-48232	162	1	being	be	AUX
cjfa-48232	162	2	the	the	DET
cjfa-48232	162	3	volatility	volatility	NOUN
cjfa-48232	162	4	of	of	ADP
cjfa-48232	162	5	asset	asset	NOUN
cjfa-48232	162	6	i	i	PRON
cjfa-48232	162	7	per	per	ADP
cjfa-48232	162	8	year	year	NOUN
cjfa-48232	162	9	,	,	PUNCT
cjfa-48232	162	10	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	162	11	�	�	PROPN
cjfa-48232	162	12	is	be	AUX
cjfa-48232	162	13	the	the	DET
cjfa-48232	162	14	daily	daily	ADJ
cjfa-48232	162	15	volatility	volatility	NOUN
cjfa-48232	162	16	of	of	ADP
cjfa-48232	162	17	asset	asset	NOUN
cjfa-48232	162	18	i	i	PROPN
cjfa-48232	162	19	and	and	CCONJ
cjfa-48232	162	20	𝑁𝑁	𝑁𝑁	PROPN
cjfa-48232	162	21	�	�	PROPN
cjfa-48232	162	22	.	.	PROPN
cjfa-48232	162	23	�	�	PROPN
cjfa-48232	162	24	.	.	PROPN
cjfa-48232	163	1	is	be	AUX
cjfa-48232	163	2	the	the	DET
cjfa-48232	163	3	number	number	NOUN
cjfa-48232	163	4	of	of	ADP
cjfa-48232	163	5	trading	trading	NOUN
cjfa-48232	163	6	days	day	NOUN
cjfa-48232	163	7	in	in	ADP
cjfa-48232	163	8	the	the	DET
cjfa-48232	163	9	respective	respective	ADJ
cjfa-48232	163	10	year	year	NOUN
cjfa-48232	163	11	.	.	PUNCT
cjfa-48232	164	1	afterwards	afterwards	ADV
cjfa-48232	164	2	,	,	PUNCT
cjfa-48232	164	3	risk	risk	NOUN
cjfa-48232	164	4	will	will	AUX
cjfa-48232	164	5	be	be	AUX
cjfa-48232	164	6	separated	separate	VERB
cjfa-48232	164	7	into	into	ADP
cjfa-48232	164	8	its	its	PRON
cjfa-48232	164	9	systematic	systematic	NOUN
cjfa-48232	164	10	and	and	CCONJ
cjfa-48232	164	11	its	its	PRON
cjfa-48232	164	12	idiosyncratic	idiosyncratic	ADJ
cjfa-48232	164	13	part	part	NOUN
cjfa-48232	164	14	.	.	PUNCT
cjfa-48232	165	1	as	as	SCONJ
cjfa-48232	165	2	idiosyncratic	idiosyncratic	ADJ
cjfa-48232	165	3	risk	risk	NOUN
cjfa-48232	165	4	can	can	AUX
cjfa-48232	165	5	be	be	AUX
cjfa-48232	165	6	eliminated	eliminate	VERB
cjfa-48232	165	7	by	by	ADP
cjfa-48232	165	8	diversification	diversification	NOUN
cjfa-48232	165	9	it	it	PRON
cjfa-48232	165	10	should	should	AUX
cjfa-48232	165	11	not	not	PART
cjfa-48232	165	12	be	be	AUX
cjfa-48232	165	13	a	a	DET
cjfa-48232	165	14	big	big	ADJ
cjfa-48232	165	15	issue	issue	NOUN
cjfa-48232	165	16	for	for	ADP
cjfa-48232	165	17	an	an	DET
cjfa-48232	165	18	investor	investor	NOUN
cjfa-48232	165	19	.	.	PUNCT
cjfa-48232	166	1	systematic	systematic	ADJ
cjfa-48232	166	2	risk	risk	NOUN
cjfa-48232	166	3	on	on	ADP
cjfa-48232	166	4	the	the	DET
cjfa-48232	166	5	other	other	ADJ
cjfa-48232	166	6	hand	hand	NOUN
cjfa-48232	166	7	,	,	PUNCT
cjfa-48232	166	8	must	must	AUX
cjfa-48232	166	9	be	be	AUX
cjfa-48232	166	10	compensated	compensate	VERB
cjfa-48232	166	11	by	by	ADP
cjfa-48232	166	12	a	a	DET
cjfa-48232	166	13	higher	high	ADJ
cjfa-48232	166	14	return	return	NOUN
cjfa-48232	166	15	to	to	ADP
cjfa-48232	166	16	investors	investor	NOUN
cjfa-48232	166	17	and	and	CCONJ
cjfa-48232	166	18	therefore	therefore	ADV
cjfa-48232	166	19	affects	affect	VERB
cjfa-48232	166	20	the	the	DET
cjfa-48232	166	21	cost	cost	NOUN
cjfa-48232	166	22	of	of	ADP
cjfa-48232	166	23	capital	capital	NOUN
cjfa-48232	166	24	for	for	ADP
cjfa-48232	166	25	the	the	DET
cjfa-48232	166	26	company	company	NOUN
cjfa-48232	166	27	.	.	PUNCT
cjfa-48232	167	1	systematic	systematic	ADJ
cjfa-48232	167	2	risk	risk	NOUN
cjfa-48232	167	3	can	can	AUX
cjfa-48232	167	4	be	be	AUX
cjfa-48232	167	5	(	(	PUNCT
cjfa-48232	167	6	4	4	NUM
cjfa-48232	167	7	)	)	PUNCT
cjfa-48232	167	8	with	with	ADP
cjfa-48232	167	9	σi.p.a	σi.p.a	PROPN
cjfa-48232	167	10	.	.	PUNCT
cjfa-48232	168	1	being	be	AUX
cjfa-48232	168	2	the	the	DET
cjfa-48232	168	3	volatility	volatility	NOUN
cjfa-48232	168	4	of	of	ADP
cjfa-48232	168	5	asset	asset	NOUN
cjfa-48232	168	6	i	i	PRON
cjfa-48232	168	7	per	per	ADP
cjfa-48232	168	8	year	year	NOUN
cjfa-48232	168	9	,	,	PUNCT
cjfa-48232	168	10	σi	σi	PROPN
cjfa-48232	168	11	is	be	AUX
cjfa-48232	168	12	the	the	DET
cjfa-48232	168	13	daily	daily	ADJ
cjfa-48232	168	14	volatility	volatility	NOUN
cjfa-48232	168	15	of	of	ADP
cjfa-48232	168	16	asset	asset	NOUN
cjfa-48232	168	17	i	i	PRON
cjfa-48232	168	18	and	and	CCONJ
cjfa-48232	168	19	np.a	np.a	PROPN
cjfa-48232	168	20	.	.	PUNCT
cjfa-48232	169	1	is	be	AUX
cjfa-48232	169	2	the	the	DET
cjfa-48232	169	3	number	number	NOUN
cjfa-48232	169	4	of	of	ADP
cjfa-48232	169	5	trading	trading	NOUN
cjfa-48232	169	6	days	day	NOUN
cjfa-48232	169	7	in	in	ADP
cjfa-48232	169	8	the	the	DET
cjfa-48232	169	9	respective	respective	ADJ
cjfa-48232	169	10	year	year	NOUN
cjfa-48232	169	11	.	.	PUNCT
cjfa-48232	170	1	afterwards	afterwards	ADV
cjfa-48232	170	2	,	,	PUNCT
cjfa-48232	170	3	risk	risk	NOUN
cjfa-48232	170	4	will	will	AUX
cjfa-48232	170	5	be	be	AUX
cjfa-48232	170	6	separated	separate	VERB
cjfa-48232	170	7	into	into	ADP
cjfa-48232	170	8	its	its	PRON
cjfa-48232	170	9	systematic	systematic	NOUN
cjfa-48232	170	10	and	and	CCONJ
cjfa-48232	170	11	its	its	PRON
cjfa-48232	170	12	idiosyncratic	idiosyncratic	ADJ
cjfa-48232	170	13	part	part	NOUN
cjfa-48232	170	14	.	.	PUNCT
cjfa-48232	171	1	as	as	SCONJ
cjfa-48232	171	2	idiosyncratic	idiosyncratic	ADJ
cjfa-48232	171	3	risk	risk	NOUN
cjfa-48232	171	4	can	can	AUX
cjfa-48232	171	5	be	be	AUX
cjfa-48232	171	6	eliminated	eliminate	VERB
cjfa-48232	171	7	by	by	ADP
cjfa-48232	171	8	diversification	diversification	NOUN
cjfa-48232	171	9	it	it	PRON
cjfa-48232	171	10	should	should	AUX
cjfa-48232	171	11	not	not	PART
cjfa-48232	171	12	be	be	AUX
cjfa-48232	171	13	a	a	DET
cjfa-48232	171	14	big	big	ADJ
cjfa-48232	171	15	issue	issue	NOUN
cjfa-48232	171	16	for	for	ADP
cjfa-48232	171	17	an	an	DET
cjfa-48232	171	18	investor	investor	NOUN
cjfa-48232	171	19	.	.	PUNCT
cjfa-48232	172	1	systematic	systematic	ADJ
cjfa-48232	172	2	risk	risk	NOUN
cjfa-48232	172	3	on	on	ADP
cjfa-48232	172	4	the	the	DET
cjfa-48232	172	5	other	other	ADJ
cjfa-48232	172	6	hand	hand	NOUN
cjfa-48232	172	7	,	,	PUNCT
cjfa-48232	172	8	must	must	AUX
cjfa-48232	172	9	be	be	AUX
cjfa-48232	172	10	compensated	compensate	VERB
cjfa-48232	172	11	tanja	tanja	NOUN
cjfa-48232	172	12	sinha8888	sinha8888	PROPN
cjfa-48232	172	13	by	by	ADP
cjfa-48232	172	14	a	a	DET
cjfa-48232	172	15	higher	high	ADJ
cjfa-48232	172	16	return	return	NOUN
cjfa-48232	172	17	to	to	ADP
cjfa-48232	172	18	investors	investor	NOUN
cjfa-48232	172	19	and	and	CCONJ
cjfa-48232	172	20	therefore	therefore	ADV
cjfa-48232	172	21	affects	affect	VERB
cjfa-48232	172	22	the	the	DET
cjfa-48232	172	23	cost	cost	NOUN
cjfa-48232	172	24	of	of	ADP
cjfa-48232	172	25	capital	capital	NOUN
cjfa-48232	172	26	for	for	ADP
cjfa-48232	172	27	the	the	DET
cjfa-48232	172	28	company	company	NOUN
cjfa-48232	172	29	.	.	PUNCT
cjfa-48232	173	1	systematic	systematic	ADJ
cjfa-48232	173	2	risk	risk	NOUN
cjfa-48232	173	3	can	can	AUX
cjfa-48232	173	4	be	be	AUX
cjfa-48232	173	5	measured	measure	VERB
cjfa-48232	173	6	by	by	ADP
cjfa-48232	173	7	beta	beta	NOUN
cjfa-48232	173	8	,	,	PUNCT
cjfa-48232	173	9	which	which	PRON
cjfa-48232	173	10	gives	give	VERB
cjfa-48232	173	11	the	the	DET
cjfa-48232	173	12	correlation	correlation	NOUN
cjfa-48232	173	13	between	between	ADP
cjfa-48232	173	14	the	the	DET
cjfa-48232	173	15	return	return	NOUN
cjfa-48232	173	16	of	of	ADP
cjfa-48232	173	17	an	an	DET
cjfa-48232	173	18	individual	individual	ADJ
cjfa-48232	173	19	stock	stock	NOUN
cjfa-48232	173	20	and	and	CCONJ
cjfa-48232	173	21	the	the	DET
cjfa-48232	173	22	market	market	NOUN
cjfa-48232	173	23	return	return	NOUN
cjfa-48232	173	24	.	.	PUNCT
cjfa-48232	174	1	beta	beta	NOUN
cjfa-48232	174	2	can	can	AUX
cjfa-48232	174	3	be	be	AUX
cjfa-48232	174	4	measured	measure	VERB
cjfa-48232	174	5	as	as	ADP
cjfa-48232	174	6	:	:	PUNCT
cjfa-48232	174	7	measured	measure	VERB
cjfa-48232	174	8	by	by	ADP
cjfa-48232	174	9	beta	beta	NOUN
cjfa-48232	174	10	,	,	PUNCT
cjfa-48232	174	11	which	which	PRON
cjfa-48232	174	12	gives	give	VERB
cjfa-48232	174	13	the	the	DET
cjfa-48232	174	14	correlation	correlation	NOUN
cjfa-48232	174	15	between	between	ADP
cjfa-48232	174	16	the	the	DET
cjfa-48232	174	17	return	return	NOUN
cjfa-48232	174	18	of	of	ADP
cjfa-48232	174	19	an	an	DET
cjfa-48232	174	20	individual	individual	ADJ
cjfa-48232	174	21	stock	stock	NOUN
cjfa-48232	174	22	and	and	CCONJ
cjfa-48232	174	23	the	the	DET
cjfa-48232	174	24	market	market	NOUN
cjfa-48232	174	25	return	return	NOUN
cjfa-48232	174	26	.	.	PUNCT
cjfa-48232	175	1	beta	beta	NOUN
cjfa-48232	175	2	can	can	AUX
cjfa-48232	175	3	be	be	AUX
cjfa-48232	175	4	measured	measure	VERB
cjfa-48232	175	5	as	as	ADP
cjfa-48232	175	6	:	:	PUNCT
cjfa-48232	175	7	𝛽𝛽	𝛽𝛽	PROPN
cjfa-48232	175	8	�	�	PROPN
cjfa-48232	175	9	�	�	PROPN
cjfa-48232	175	10	�	�	PROPN
cjfa-48232	175	11	�	�	PROPN
cjfa-48232	175	12	�	�	PROPN
cjfa-48232	175	13	�	�	PROPN
cjfa-48232	175	14	�	�	PROPN
cjfa-48232	175	15	�	�	PROPN
cjfa-48232	175	16	,	,	PUNCT
cjfa-48232	175	17	�	�	PROPN
cjfa-48232	175	18	�	�	PROPN
cjfa-48232	175	19	�	�	PROPN
cjfa-48232	175	20	�	�	PROPN
cjfa-48232	175	21	�	�	PROPN
cjfa-48232	175	22	�	�	PROPN
cjfa-48232	175	23	�	�	PROPN
cjfa-48232	175	24	�	�	PROPN
cjfa-48232	175	25	�	�	PROPN
cjfa-48232	175	26	�	�	PROPN
cjfa-48232	175	27	(	(	PUNCT
cjfa-48232	175	28	5	5	NUM
cjfa-48232	175	29	)	)	PUNCT
cjfa-48232	175	30	where	where	SCONJ
cjfa-48232	175	31	:	:	PUNCT
cjfa-48232	175	32	𝛽𝛽	𝛽𝛽	PRON
cjfa-48232	175	33	�	�	PROPN
cjfa-48232	175	34	is	be	AUX
cjfa-48232	175	35	the	the	DET
cjfa-48232	175	36	beta	beta	ADJ
cjfa-48232	175	37	factor	factor	NOUN
cjfa-48232	175	38	of	of	ADP
cjfa-48232	175	39	asset	asset	NOUN
cjfa-48232	175	40	i	i	PROPN
cjfa-48232	175	41	,	,	PUNCT
cjfa-48232	175	42	�	�	PROPN
cjfa-48232	175	43	�	�	PROPN
cjfa-48232	175	44	�	�	PROPN
cjfa-48232	175	45	�	�	PROPN
cjfa-48232	175	46	𝑟𝑟	𝑟𝑟	NOUN
cjfa-48232	175	47	�	�	PROPN
cjfa-48232	175	48	,	,	PUNCT
cjfa-48232	175	49	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	175	50	�	�	PROPN
cjfa-48232	175	51	�	�	PROPN
cjfa-48232	175	52	is	be	AUX
cjfa-48232	175	53	the	the	DET
cjfa-48232	175	54	covariance	covariance	NOUN
cjfa-48232	175	55	between	between	ADP
cjfa-48232	175	56	the	the	DET
cjfa-48232	175	57	daily	daily	ADJ
cjfa-48232	175	58	returns	return	NOUN
cjfa-48232	175	59	of	of	ADP
cjfa-48232	175	60	asset	asset	NOUN
cjfa-48232	175	61	i	i	PRON
cjfa-48232	175	62	and	and	CCONJ
cjfa-48232	175	63	the	the	DET
cjfa-48232	175	64	market	market	NOUN
cjfa-48232	175	65	m	m	NOUN
cjfa-48232	175	66	and	and	CCONJ
cjfa-48232	175	67	�	�	PROPN
cjfa-48232	175	68	𝑉𝑉𝑟𝑟	𝑉𝑉𝑟𝑟	PROPN
cjfa-48232	175	69	�	�	PROPN
cjfa-48232	175	70	𝑟𝑟	𝑟𝑟	NOUN
cjfa-48232	175	71	�	�	PROPN
cjfa-48232	175	72	�	�	PROPN
cjfa-48232	175	73	is	be	AUX
cjfa-48232	175	74	the	the	DET
cjfa-48232	175	75	variance	variance	NOUN
cjfa-48232	175	76	of	of	ADP
cjfa-48232	175	77	the	the	DET
cjfa-48232	175	78	daily	daily	ADJ
cjfa-48232	175	79	returns	return	NOUN
cjfa-48232	175	80	of	of	ADP
cjfa-48232	175	81	the	the	DET
cjfa-48232	175	82	market	market	NOUN
cjfa-48232	175	83	m.	m.	NOUN
cjfa-48232	175	84	for	for	ADP
cjfa-48232	175	85	calculating	calculate	VERB
cjfa-48232	175	86	the	the	DET
cjfa-48232	175	87	market	market	NOUN
cjfa-48232	175	88	return	return	NOUN
cjfa-48232	175	89	,	,	PUNCT
cjfa-48232	175	90	the	the	DET
cjfa-48232	175	91	market	market	NOUN
cjfa-48232	175	92	is	be	AUX
cjfa-48232	175	93	usually	usually	ADV
cjfa-48232	175	94	represented	represent	VERB
cjfa-48232	175	95	by	by	ADP
cjfa-48232	175	96	a	a	DET
cjfa-48232	175	97	stock	stock	NOUN
cjfa-48232	175	98	market	market	NOUN
cjfa-48232	175	99	index	index	NOUN
cjfa-48232	175	100	.	.	PUNCT
cjfa-48232	176	1	the	the	DET
cjfa-48232	176	2	proxy	proxy	NOUN
cjfa-48232	176	3	for	for	ADP
cjfa-48232	176	4	the	the	DET
cjfa-48232	176	5	market	market	NOUN
cjfa-48232	176	6	in	in	ADP
cjfa-48232	176	7	this	this	DET
cjfa-48232	176	8	study	study	NOUN
cjfa-48232	176	9	will	will	AUX
cjfa-48232	176	10	be	be	AUX
cjfa-48232	176	11	the	the	DET
cjfa-48232	176	12	cdax	cdax	NOUN
cjfa-48232	176	13	as	as	SCONJ
cjfa-48232	176	14	it	it	PRON
cjfa-48232	176	15	represents	represent	VERB
cjfa-48232	176	16	all	all	DET
cjfa-48232	176	17	stocks	stock	NOUN
cjfa-48232	176	18	listed	list	VERB
cjfa-48232	176	19	in	in	ADP
cjfa-48232	176	20	the	the	DET
cjfa-48232	176	21	general	general	ADJ
cjfa-48232	176	22	standard	standard	NOUN
cjfa-48232	176	23	and	and	CCONJ
cjfa-48232	176	24	the	the	DET
cjfa-48232	176	25	prime	prime	ADJ
cjfa-48232	176	26	standard	standard	NOUN
cjfa-48232	176	27	of	of	ADP
cjfa-48232	176	28	the	the	DET
cjfa-48232	176	29	frankfurt	frankfurt	PROPN
cjfa-48232	176	30	stock	stock	PROPN
cjfa-48232	176	31	exchange	exchange	PROPN
cjfa-48232	176	32	.	.	PUNCT
cjfa-48232	177	1	as	as	SCONJ
cjfa-48232	177	2	only	only	ADJ
cjfa-48232	177	3	german	german	ADJ
cjfa-48232	177	4	stocks	stock	NOUN
cjfa-48232	177	5	are	be	AUX
cjfa-48232	177	6	listed	list	VERB
cjfa-48232	177	7	in	in	ADP
cjfa-48232	177	8	the	the	DET
cjfa-48232	177	9	cdax	cdax	NOUN
cjfa-48232	177	10	it	it	PRON
cjfa-48232	177	11	gives	give	VERB
cjfa-48232	177	12	a	a	DET
cjfa-48232	177	13	good	good	ADJ
cjfa-48232	177	14	basis	basis	NOUN
cjfa-48232	177	15	for	for	ADP
cjfa-48232	177	16	comparison	comparison	NOUN
cjfa-48232	177	17	with	with	ADP
cjfa-48232	177	18	the	the	DET
cjfa-48232	177	19	dax	dax	PROPN
cjfa-48232	177	20	as	as	ADV
cjfa-48232	177	21	well	well	ADV
cjfa-48232	177	22	as	as	ADP
cjfa-48232	177	23	the	the	DET
cjfa-48232	177	24	fcx	fcx	NOUN
cjfa-48232	177	25	.	.	PUNCT
cjfa-48232	178	1	additionally	additionally	ADV
cjfa-48232	178	2	,	,	PUNCT
cjfa-48232	178	3	the	the	DET
cjfa-48232	178	4	maximum	maximum	ADJ
cjfa-48232	178	5	one	one	NUM
cjfa-48232	178	6	-	-	PUNCT
cjfa-48232	178	7	day	day	NOUN
cjfa-48232	178	8	-	-	PUNCT
cjfa-48232	178	9	loss	loss	NOUN
cjfa-48232	178	10	will	will	AUX
cjfa-48232	178	11	be	be	AUX
cjfa-48232	178	12	calculated	calculate	VERB
cjfa-48232	178	13	for	for	SCONJ
cjfa-48232	178	14	both	both	DET
cjfa-48232	178	15	indices	index	NOUN
cjfa-48232	178	16	to	to	PART
cjfa-48232	178	17	evaluate	evaluate	VERB
cjfa-48232	178	18	the	the	DET
cjfa-48232	178	19	risk	risk	NOUN
cjfa-48232	178	20	by	by	ADP
cjfa-48232	178	21	using	use	VERB
cjfa-48232	178	22	:	:	PUNCT
cjfa-48232	178	23	𝑀𝑀𝑀𝑀	𝑀𝑀𝑀𝑀	PROPN
cjfa-48232	178	24	�	�	PROPN
cjfa-48232	178	25	�	�	PROPN
cjfa-48232	178	26	min	min	PROPN
cjfa-48232	178	27	�	�	PROPN
cjfa-48232	178	28	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	178	29	�	�	PROPN
cjfa-48232	178	30	,	,	PUNCT
cjfa-48232	178	31	�	�	PROPN
cjfa-48232	178	32	�	�	PROPN
cjfa-48232	178	33	(	(	PUNCT
cjfa-48232	178	34	6	6	NUM
cjfa-48232	178	35	)	)	PUNCT
cjfa-48232	178	36	where	where	SCONJ
cjfa-48232	178	37	:	:	PUNCT
cjfa-48232	178	38	𝑀𝑀𝑀𝑀	𝑀𝑀𝑀𝑀	PROPN
cjfa-48232	178	39	�	�	PROPN
cjfa-48232	178	40	is	be	AUX
cjfa-48232	178	41	the	the	DET
cjfa-48232	178	42	maximum	maximum	ADJ
cjfa-48232	178	43	loss	loss	NOUN
cjfa-48232	178	44	of	of	ADP
cjfa-48232	178	45	asset	asset	NOUN
cjfa-48232	178	46	i	i	PRON
cjfa-48232	178	47	and	and	CCONJ
cjfa-48232	178	48	𝑟𝑟	𝑟𝑟	ADP
cjfa-48232	178	49	�	�	PROPN
cjfa-48232	178	50	is	be	AUX
cjfa-48232	178	51	the	the	DET
cjfa-48232	178	52	daily	daily	ADJ
cjfa-48232	178	53	return	return	NOUN
cjfa-48232	178	54	of	of	ADP
cjfa-48232	178	55	asset	asset	NOUN
cjfa-48232	178	56	i	i	PRON
cjfa-48232	178	57	on	on	ADP
cjfa-48232	178	58	day	day	NOUN
cjfa-48232	178	59	t.	t.	PROPN
cjfa-48232	178	60	therefore	therefore	ADV
cjfa-48232	178	61	,	,	PUNCT
cjfa-48232	178	62	the	the	DET
cjfa-48232	178	63	biggest	big	ADJ
cjfa-48232	178	64	loss	loss	NOUN
cjfa-48232	178	65	on	on	ADP
cjfa-48232	178	66	a	a	DET
cjfa-48232	178	67	single	single	ADJ
cjfa-48232	178	68	trading	trading	NOUN
cjfa-48232	178	69	day	day	NOUN
cjfa-48232	178	70	will	will	AUX
cjfa-48232	178	71	be	be	AUX
cjfa-48232	178	72	given	give	VERB
cjfa-48232	178	73	.	.	PUNCT
cjfa-48232	179	1	to	to	PART
cjfa-48232	179	2	conclude	conclude	VERB
cjfa-48232	179	3	the	the	DET
cjfa-48232	179	4	risk	risk	NOUN
cjfa-48232	179	5	assessment	assessment	NOUN
cjfa-48232	179	6	,	,	PUNCT
cjfa-48232	179	7	value	value	NOUN
cjfa-48232	179	8	at	at	ADP
cjfa-48232	179	9	risk	risk	NOUN
cjfa-48232	179	10	measures	measure	NOUN
cjfa-48232	179	11	the	the	DET
cjfa-48232	179	12	maximum	maximum	ADJ
cjfa-48232	179	13	amount	amount	NOUN
cjfa-48232	179	14	of	of	ADP
cjfa-48232	179	15	loss	loss	NOUN
cjfa-48232	179	16	(	(	PUNCT
cjfa-48232	179	17	in	in	ADP
cjfa-48232	179	18	monetary	monetary	ADJ
cjfa-48232	179	19	units	unit	NOUN
cjfa-48232	179	20	)	)	PUNCT
cjfa-48232	179	21	not	not	PART
cjfa-48232	179	22	be	be	AUX
cjfa-48232	179	23	exceeded	exceed	VERB
cjfa-48232	179	24	at	at	ADP
cjfa-48232	179	25	a	a	DET
cjfa-48232	179	26	defined	define	VERB
cjfa-48232	179	27	confidence	confidence	NOUN
cjfa-48232	179	28	level	level	NOUN
cjfa-48232	179	29	within	within	ADP
cjfa-48232	179	30	a	a	DET
cjfa-48232	179	31	certain	certain	ADJ
cjfa-48232	179	32	time	time	NOUN
cjfa-48232	179	33	period	period	NOUN
cjfa-48232	179	34	.	.	PUNCT
cjfa-48232	180	1	in	in	ADP
cjfa-48232	180	2	this	this	DET
cjfa-48232	180	3	study	study	NOUN
cjfa-48232	180	4	the	the	DET
cjfa-48232	180	5	value	value	NOUN
cjfa-48232	180	6	at	at	ADP
cjfa-48232	180	7	risk	risk	NOUN
cjfa-48232	180	8	will	will	AUX
cjfa-48232	180	9	be	be	AUX
cjfa-48232	180	10	calculated	calculate	VERB
cjfa-48232	180	11	using	use	VERB
cjfa-48232	180	12	the	the	DET
cjfa-48232	180	13	parametric	parametric	ADJ
cjfa-48232	180	14	approach	approach	NOUN
cjfa-48232	180	15	(	(	PUNCT
cjfa-48232	180	16	variance	variance	NOUN
cjfa-48232	180	17	-	-	PUNCT
cjfa-48232	180	18	covariance	covariance	NOUN
cjfa-48232	180	19	-	-	PUNCT
cjfa-48232	180	20	method	method	NOUN
cjfa-48232	180	21	)	)	PUNCT
cjfa-48232	180	22	without	without	ADP
cjfa-48232	180	23	considering	consider	VERB
cjfa-48232	180	24	the	the	DET
cjfa-48232	180	25	expected	expect	VERB
cjfa-48232	180	26	return	return	NOUN
cjfa-48232	180	27	,	,	PUNCT
cjfa-48232	180	28	which	which	PRON
cjfa-48232	180	29	is	be	AUX
cjfa-48232	180	30	a	a	DET
cjfa-48232	180	31	conservative	conservative	ADJ
cjfa-48232	180	32	approximation	approximation	NOUN
cjfa-48232	180	33	for	for	ADP
cjfa-48232	180	34	the	the	DET
cjfa-48232	180	35	risk	risk	NOUN
cjfa-48232	180	36	of	of	ADP
cjfa-48232	180	37	an	an	DET
cjfa-48232	180	38	asset	asset	NOUN
cjfa-48232	180	39	.	.	PUNCT
cjfa-48232	181	1	𝑉𝑉𝑉𝑉𝑉𝑉	𝑉𝑉𝑉𝑉𝑉𝑉	PROPN
cjfa-48232	181	2	�	�	PROPN
cjfa-48232	181	3	�	�	PROPN
cjfa-48232	181	4	𝑉𝑉	𝑉𝑉	PROPN
cjfa-48232	181	5	�	�	PROPN
cjfa-48232	181	6	∙	∙	PROPN
cjfa-48232	181	7	𝑀𝑀	𝑀𝑀	PROPN
cjfa-48232	181	8	�	�	PROPN
cjfa-48232	181	9	𝛼𝛼	𝛼𝛼	NOUN
cjfa-48232	181	10	�	�	PROPN
cjfa-48232	181	11	∙	∙	PROPN
cjfa-48232	181	12	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	181	13	�	�	PROPN
cjfa-48232	181	14	(	(	PUNCT
cjfa-48232	181	15	7	7	NUM
cjfa-48232	181	16	)	)	PUNCT
cjfa-48232	181	17	where	where	SCONJ
cjfa-48232	181	18	:	:	PUNCT
cjfa-48232	181	19	𝑉𝑉𝑉𝑉𝑉𝑉	𝑉𝑉𝑉𝑉𝑉𝑉	PROPN
cjfa-48232	181	20	�	�	PROPN
cjfa-48232	181	21	is	be	AUX
cjfa-48232	181	22	the	the	DET
cjfa-48232	181	23	value	value	NOUN
cjfa-48232	181	24	at	at	ADP
cjfa-48232	181	25	risk	risk	NOUN
cjfa-48232	181	26	of	of	ADP
cjfa-48232	181	27	asset	asset	NOUN
cjfa-48232	181	28	i	i	PRON
cjfa-48232	181	29	,	,	PUNCT
cjfa-48232	181	30	𝑉𝑉	𝑉𝑉	PROPN
cjfa-48232	181	31	�	�	PROPN
cjfa-48232	181	32	represents	represent	VERB
cjfa-48232	181	33	the	the	DET
cjfa-48232	181	34	market	market	NOUN
cjfa-48232	181	35	value	value	NOUN
cjfa-48232	181	36	of	of	ADP
cjfa-48232	181	37	asset	asset	NOUN
cjfa-48232	181	38	i	i	PRON
cjfa-48232	181	39	,	,	PUNCT
cjfa-48232	181	40	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	181	41	�	�	PROPN
cjfa-48232	181	42	is	be	AUX
cjfa-48232	181	43	the	the	DET
cjfa-48232	181	44	standard	standard	ADJ
cjfa-48232	181	45	deviation	deviation	NOUN
cjfa-48232	181	46	of	of	ADP
cjfa-48232	181	47	asset	asset	NOUN
cjfa-48232	181	48	i	i	PROPN
cjfa-48232	181	49	and	and	CCONJ
cjfa-48232	181	50	𝑀𝑀	𝑀𝑀	PROPN
cjfa-48232	181	51	�	�	PROPN
cjfa-48232	181	52	𝛼𝛼	𝛼𝛼	NOUN
cjfa-48232	181	53	�	�	PROPN
cjfa-48232	181	54	is	be	AUX
cjfa-48232	181	55	the	the	DET
cjfa-48232	181	56	fractile	fractile	NOUN
cjfa-48232	181	57	of	of	ADP
cjfa-48232	181	58	the	the	DET
cjfa-48232	181	59	standard	standard	ADJ
cjfa-48232	181	60	normal	normal	ADJ
cjfa-48232	181	61	distribution	distribution	NOUN
cjfa-48232	181	62	,	,	PUNCT
cjfa-48232	181	63	set	set	VERB
cjfa-48232	181	64	by	by	ADP
cjfa-48232	181	65	the	the	DET
cjfa-48232	181	66	confidence	confidence	NOUN
cjfa-48232	181	67	level	level	NOUN
cjfa-48232	181	68	�	�	PROPN
cjfa-48232	181	69	1	1	NUM
cjfa-48232	181	70	�	�	PROPN
cjfa-48232	181	71	𝛼𝛼	𝛼𝛼	ADP
cjfa-48232	181	72	�	�	PROPN
cjfa-48232	181	73	.	.	PUNCT
cjfa-48232	182	1	finally	finally	ADV
cjfa-48232	182	2	,	,	PUNCT
cjfa-48232	182	3	to	to	PART
cjfa-48232	182	4	evaluate	evaluate	VERB
cjfa-48232	182	5	the	the	DET
cjfa-48232	182	6	performance	performance	NOUN
cjfa-48232	182	7	of	of	ADP
cjfa-48232	182	8	a	a	DET
cjfa-48232	182	9	certain	certain	ADJ
cjfa-48232	182	10	asset	asset	NOUN
cjfa-48232	182	11	it	it	PRON
cjfa-48232	182	12	is	be	AUX
cjfa-48232	182	13	necessary	necessary	ADJ
cjfa-48232	182	14	to	to	PART
cjfa-48232	182	15	put	put	VERB
cjfa-48232	182	16	its	its	PRON
cjfa-48232	182	17	return	return	NOUN
cjfa-48232	182	18	in	in	ADP
cjfa-48232	182	19	relation	relation	NOUN
cjfa-48232	182	20	to	to	ADP
cjfa-48232	182	21	its	its	PRON
cjfa-48232	182	22	risk	risk	NOUN
cjfa-48232	182	23	.	.	PUNCT
cjfa-48232	183	1	to	to	PART
cjfa-48232	183	2	understand	understand	VERB
cjfa-48232	183	3	an	an	DET
cjfa-48232	183	4	investment	investment	NOUN
cjfa-48232	183	5	’s	’s	PART
cjfa-48232	183	6	return	return	NOUN
cjfa-48232	183	7	compared	compare	VERB
cjfa-48232	183	8	to	to	ADP
cjfa-48232	183	9	its	its	PRON
cjfa-48232	183	10	risk	risk	NOUN
cjfa-48232	183	11	the	the	DET
cjfa-48232	183	12	sharperatio	sharperatio	NOUN
cjfa-48232	183	13	is	be	AUX
cjfa-48232	183	14	well	well	ADV
cjfa-48232	183	15	-	-	PUNCT
cjfa-48232	183	16	suited	suit	VERB
cjfa-48232	183	17	(	(	PUNCT
cjfa-48232	183	18	sharpe	sharpe	NOUN
cjfa-48232	183	19	,	,	PUNCT
cjfa-48232	183	20	1966	1966	NUM
cjfa-48232	183	21	)	)	PUNCT
cjfa-48232	183	22	.	.	PUNCT
cjfa-48232	184	1	the	the	DET
cjfa-48232	184	2	sharpe	sharpe	NOUN
cjfa-48232	184	3	-	-	PUNCT
cjfa-48232	184	4	ratio	ratio	NOUN
cjfa-48232	184	5	can	can	AUX
cjfa-48232	184	6	be	be	AUX
cjfa-48232	184	7	calculated	calculate	VERB
cjfa-48232	184	8	as	as	SCONJ
cjfa-48232	184	9	follows	follow	VERB
cjfa-48232	184	10	:	:	PUNCT
cjfa-48232	184	11	𝑆𝑆𝑉𝑉	𝑆𝑆𝑉𝑉	PROPN
cjfa-48232	184	12	�	�	PROPN
cjfa-48232	184	13	�	�	PROPN
cjfa-48232	184	14	�	�	PROPN
cjfa-48232	184	15	�	�	PROPN
cjfa-48232	184	16	�	�	PROPN
cjfa-48232	184	17	�	�	PROPN
cjfa-48232	184	18	�	�	PROPN
cjfa-48232	184	19	�	�	PROPN
cjfa-48232	184	20	�	�	PROPN
cjfa-48232	184	21	(	(	PUNCT
cjfa-48232	184	22	8)	8)	NUM
cjfa-48232	184	23	with	with	ADP
cjfa-48232	184	24	𝑆𝑆𝑉𝑉	𝑆𝑆𝑉𝑉	PROPN
cjfa-48232	184	25	�	�	PROPN
cjfa-48232	184	26	being	be	AUX
cjfa-48232	184	27	the	the	DET
cjfa-48232	184	28	sharpe	sharpe	NOUN
cjfa-48232	184	29	-	-	PUNCT
cjfa-48232	184	30	ratio	ratio	NOUN
cjfa-48232	184	31	of	of	ADP
cjfa-48232	184	32	asset	asset	NOUN
cjfa-48232	184	33	i	i	PRON
cjfa-48232	184	34	,	,	PUNCT
cjfa-48232	184	35	𝜇𝜇	𝜇𝜇	ADP
cjfa-48232	184	36	�	�	PROPN
cjfa-48232	184	37	is	be	AUX
cjfa-48232	184	38	the	the	DET
cjfa-48232	184	39	mean	mean	ADJ
cjfa-48232	184	40	value	value	NOUN
cjfa-48232	184	41	of	of	ADP
cjfa-48232	184	42	returns	return	NOUN
cjfa-48232	184	43	for	for	ADP
cjfa-48232	184	44	asset	asset	NOUN
cjfa-48232	184	45	i	i	PRON
cjfa-48232	184	46	,	,	PUNCT
cjfa-48232	184	47	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	184	48	�	�	PROPN
cjfa-48232	184	49	is	be	AUX
cjfa-48232	184	50	the	the	DET
cjfa-48232	184	51	risk	risk	NOUN
cjfa-48232	184	52	-	-	PUNCT
cjfa-48232	184	53	free	free	ADJ
cjfa-48232	184	54	interest	interest	NOUN
cjfa-48232	184	55	rate	rate	NOUN
cjfa-48232	184	56	and	and	CCONJ
cjfa-48232	184	57	𝜎𝜎	𝜎𝜎	AUX
cjfa-48232	184	58	�	�	PROPN
cjfa-48232	184	59	is	be	AUX
cjfa-48232	184	60	the	the	DET
cjfa-48232	184	61	volatility	volatility	NOUN
cjfa-48232	184	62	(=	(=	NOUN
cjfa-48232	184	63	standard	standard	ADJ
cjfa-48232	184	64	deviation	deviation	NOUN
cjfa-48232	184	65	)	)	PUNCT
cjfa-48232	184	66	of	of	ADP
cjfa-48232	184	67	asset	asset	NOUN
cjfa-48232	184	68	i.	i.	NOUN
cjfa-48232	184	69	as	as	ADP
cjfa-48232	184	70	an	an	DET
cjfa-48232	184	71	approximation	approximation	NOUN
cjfa-48232	184	72	for	for	ADP
cjfa-48232	184	73	the	the	DET
cjfa-48232	184	74	risk	risk	NOUN
cjfa-48232	184	75	-	-	PUNCT
cjfa-48232	184	76	free	free	ADJ
cjfa-48232	184	77	interest	interest	NOUN
cjfa-48232	184	78	rate	rate	NOUN
cjfa-48232	184	79	usually	usually	ADV
cjfa-48232	184	80	the	the	DET
cjfa-48232	184	81	euribor	euribor	NOUN
cjfa-48232	184	82	is	be	AUX
cjfa-48232	184	83	used	use	VERB
cjfa-48232	184	84	.	.	PUNCT
cjfa-48232	185	1	as	as	SCONJ
cjfa-48232	185	2	the	the	DET
cjfa-48232	185	3	time	time	NOUN
cjfa-48232	185	4	frame	frame	NOUN
cjfa-48232	185	5	for	for	ADP
cjfa-48232	185	6	this	this	DET
cjfa-48232	185	7	study	study	NOUN
cjfa-48232	185	8	coincides	coincide	VERB
cjfa-48232	185	9	with	with	ADP
cjfa-48232	185	10	the	the	DET
cjfa-48232	185	11	low	low	ADJ
cjfa-48232	185	12	or	or	CCONJ
cjfa-48232	185	13	even	even	ADV
cjfa-48232	185	14	negative	negative	ADJ
cjfa-48232	185	15	risk	risk	NOUN
cjfa-48232	185	16	phase	phase	NOUN
cjfa-48232	185	17	(	(	PUNCT
cjfa-48232	185	18	with	with	ADP
cjfa-48232	185	19	the	the	DET
cjfa-48232	185	20	interest	interest	NOUN
cjfa-48232	185	21	(	(	PUNCT
cjfa-48232	185	22	5	5	NUM
cjfa-48232	185	23	)	)	PUNCT
cjfa-48232	185	24	where	where	SCONJ
cjfa-48232	185	25	:	:	PUNCT
cjfa-48232	185	26	βi	βi	PRON
cjfa-48232	185	27	is	be	AUX
cjfa-48232	185	28	the	the	DET
cjfa-48232	185	29	beta	beta	ADJ
cjfa-48232	185	30	factor	factor	NOUN
cjfa-48232	185	31	of	of	ADP
cjfa-48232	185	32	asset	asset	NOUN
cjfa-48232	185	33	i	i	PROPN
cjfa-48232	185	34	,	,	PUNCT
cjfa-48232	185	35	cov(ri	cov(ri	NOUN
cjfa-48232	185	36	 	 	SPACE
cjfa-48232	185	37	,	,	PUNCT
cjfa-48232	185	38	rm	rm	PROPN
cjfa-48232	185	39	)	)	PUNCT
cjfa-48232	185	40	is	be	AUX
cjfa-48232	185	41	the	the	DET
cjfa-48232	185	42	covariance	covariance	NOUN
cjfa-48232	185	43	between	between	ADP
cjfa-48232	185	44	the	the	DET
cjfa-48232	185	45	daily	daily	ADJ
cjfa-48232	185	46	returns	return	NOUN
cjfa-48232	185	47	of	of	ADP
cjfa-48232	185	48	asset	asset	NOUN
cjfa-48232	185	49	i	i	PRON
cjfa-48232	185	50	and	and	CCONJ
cjfa-48232	185	51	the	the	DET
cjfa-48232	185	52	market	market	NOUN
cjfa-48232	185	53	m	m	NOUN
cjfa-48232	185	54	and	and	CCONJ
cjfa-48232	185	55	var(rm	var(rm	NOUN
cjfa-48232	185	56	)	)	PUNCT
cjfa-48232	185	57	is	be	AUX
cjfa-48232	185	58	the	the	DET
cjfa-48232	185	59	variance	variance	NOUN
cjfa-48232	185	60	of	of	ADP
cjfa-48232	185	61	the	the	DET
cjfa-48232	185	62	daily	daily	ADJ
cjfa-48232	185	63	returns	return	NOUN
cjfa-48232	185	64	of	of	ADP
cjfa-48232	185	65	the	the	DET
cjfa-48232	185	66	market	market	NOUN
cjfa-48232	185	67	m.	m.	NOUN
cjfa-48232	185	68	for	for	ADP
cjfa-48232	185	69	calculating	calculate	VERB
cjfa-48232	185	70	the	the	DET
cjfa-48232	185	71	market	market	NOUN
cjfa-48232	185	72	return	return	NOUN
cjfa-48232	185	73	,	,	PUNCT
cjfa-48232	185	74	the	the	DET
cjfa-48232	185	75	market	market	NOUN
cjfa-48232	185	76	is	be	AUX
cjfa-48232	185	77	usually	usually	ADV
cjfa-48232	185	78	represented	represent	VERB
cjfa-48232	185	79	by	by	ADP
cjfa-48232	185	80	a	a	DET
cjfa-48232	185	81	stock	stock	NOUN
cjfa-48232	185	82	market	market	NOUN
cjfa-48232	185	83	index	index	NOUN
cjfa-48232	185	84	.	.	PUNCT
cjfa-48232	186	1	the	the	DET
cjfa-48232	186	2	proxy	proxy	NOUN
cjfa-48232	186	3	for	for	ADP
cjfa-48232	186	4	the	the	DET
cjfa-48232	186	5	market	market	NOUN
cjfa-48232	186	6	in	in	ADP
cjfa-48232	186	7	this	this	DET
cjfa-48232	186	8	study	study	NOUN
cjfa-48232	186	9	will	will	AUX
cjfa-48232	186	10	be	be	AUX
cjfa-48232	186	11	the	the	DET
cjfa-48232	186	12	cdax	cdax	NOUN
cjfa-48232	186	13	as	as	SCONJ
cjfa-48232	186	14	it	it	PRON
cjfa-48232	186	15	represents	represent	VERB
cjfa-48232	186	16	all	all	DET
cjfa-48232	186	17	stocks	stock	NOUN
cjfa-48232	186	18	listed	list	VERB
cjfa-48232	186	19	in	in	ADP
cjfa-48232	186	20	the	the	DET
cjfa-48232	186	21	general	general	ADJ
cjfa-48232	186	22	standard	standard	NOUN
cjfa-48232	186	23	and	and	CCONJ
cjfa-48232	186	24	the	the	DET
cjfa-48232	186	25	prime	prime	ADJ
cjfa-48232	186	26	standard	standard	NOUN
cjfa-48232	186	27	of	of	ADP
cjfa-48232	186	28	the	the	DET
cjfa-48232	186	29	frankfurt	frankfurt	PROPN
cjfa-48232	186	30	stock	stock	PROPN
cjfa-48232	186	31	exchange	exchange	PROPN
cjfa-48232	186	32	.	.	PUNCT
cjfa-48232	187	1	as	as	SCONJ
cjfa-48232	187	2	only	only	ADJ
cjfa-48232	187	3	german	german	ADJ
cjfa-48232	187	4	stocks	stock	NOUN
cjfa-48232	187	5	are	be	AUX
cjfa-48232	187	6	listed	list	VERB
cjfa-48232	187	7	in	in	ADP
cjfa-48232	187	8	the	the	DET
cjfa-48232	187	9	cdax	cdax	NOUN
cjfa-48232	187	10	it	it	PRON
cjfa-48232	187	11	gives	give	VERB
cjfa-48232	187	12	a	a	DET
cjfa-48232	187	13	good	good	ADJ
cjfa-48232	187	14	basis	basis	NOUN
cjfa-48232	187	15	for	for	ADP
cjfa-48232	187	16	comparison	comparison	NOUN
cjfa-48232	187	17	with	with	ADP
cjfa-48232	187	18	the	the	DET
cjfa-48232	187	19	dax	dax	PROPN
cjfa-48232	187	20	as	as	ADV
cjfa-48232	187	21	well	well	ADV
cjfa-48232	187	22	as	as	ADP
cjfa-48232	187	23	the	the	DET
cjfa-48232	187	24	fcx	fcx	NOUN
cjfa-48232	187	25	.	.	PUNCT
cjfa-48232	188	1	additionally	additionally	ADV
cjfa-48232	188	2	,	,	PUNCT
cjfa-48232	188	3	the	the	DET
cjfa-48232	188	4	maximum	maximum	ADJ
cjfa-48232	188	5	one	one	NUM
cjfa-48232	188	6	-	-	PUNCT
cjfa-48232	188	7	day	day	NOUN
cjfa-48232	188	8	-	-	PUNCT
cjfa-48232	188	9	loss	loss	NOUN
cjfa-48232	188	10	will	will	AUX
cjfa-48232	188	11	be	be	AUX
cjfa-48232	188	12	calculated	calculate	VERB
cjfa-48232	188	13	for	for	SCONJ
cjfa-48232	188	14	both	both	DET
cjfa-48232	188	15	indices	index	NOUN
cjfa-48232	188	16	to	to	PART
cjfa-48232	188	17	evaluate	evaluate	VERB
cjfa-48232	188	18	the	the	DET
cjfa-48232	188	19	risk	risk	NOUN
cjfa-48232	188	20	by	by	ADP
cjfa-48232	188	21	using	use	VERB
cjfa-48232	188	22	:	:	PUNCT
cjfa-48232	188	23	measured	measure	VERB
cjfa-48232	188	24	by	by	ADP
cjfa-48232	188	25	beta	beta	NOUN
cjfa-48232	188	26	,	,	PUNCT
cjfa-48232	188	27	which	which	PRON
cjfa-48232	188	28	gives	give	VERB
cjfa-48232	188	29	the	the	DET
cjfa-48232	188	30	correlation	correlation	NOUN
cjfa-48232	188	31	between	between	ADP
cjfa-48232	188	32	the	the	DET
cjfa-48232	188	33	return	return	NOUN
cjfa-48232	188	34	of	of	ADP
cjfa-48232	188	35	an	an	DET
cjfa-48232	188	36	individual	individual	ADJ
cjfa-48232	188	37	stock	stock	NOUN
cjfa-48232	188	38	and	and	CCONJ
cjfa-48232	188	39	the	the	DET
cjfa-48232	188	40	market	market	NOUN
cjfa-48232	188	41	return	return	NOUN
cjfa-48232	188	42	.	.	PUNCT
cjfa-48232	189	1	beta	beta	NOUN
cjfa-48232	189	2	can	can	AUX
cjfa-48232	189	3	be	be	AUX
cjfa-48232	189	4	measured	measure	VERB
cjfa-48232	189	5	as	as	ADP
cjfa-48232	189	6	:	:	PUNCT
cjfa-48232	189	7	𝛽𝛽	𝛽𝛽	PROPN
cjfa-48232	189	8	�	�	PROPN
cjfa-48232	189	9	�	�	PROPN
cjfa-48232	189	10	�	�	PROPN
cjfa-48232	189	11	�	�	PROPN
cjfa-48232	189	12	�	�	PROPN
cjfa-48232	189	13	�	�	PROPN
cjfa-48232	189	14	�	�	PROPN
cjfa-48232	189	15	�	�	PROPN
cjfa-48232	189	16	,	,	PUNCT
cjfa-48232	189	17	�	�	PROPN
cjfa-48232	189	18	�	�	PROPN
cjfa-48232	189	19	�	�	PROPN
cjfa-48232	189	20	�	�	PROPN
cjfa-48232	189	21	�	�	PROPN
cjfa-48232	189	22	�	�	PROPN
cjfa-48232	189	23	�	�	PROPN
cjfa-48232	189	24	�	�	PROPN
cjfa-48232	189	25	�	�	PROPN
cjfa-48232	189	26	�	�	PROPN
cjfa-48232	189	27	(	(	PUNCT
cjfa-48232	189	28	5	5	NUM
cjfa-48232	189	29	)	)	PUNCT
cjfa-48232	189	30	where	where	SCONJ
cjfa-48232	189	31	:	:	PUNCT
cjfa-48232	189	32	𝛽𝛽	𝛽𝛽	PRON
cjfa-48232	189	33	�	�	PROPN
cjfa-48232	189	34	is	be	AUX
cjfa-48232	189	35	the	the	DET
cjfa-48232	189	36	beta	beta	ADJ
cjfa-48232	189	37	factor	factor	NOUN
cjfa-48232	189	38	of	of	ADP
cjfa-48232	189	39	asset	asset	NOUN
cjfa-48232	189	40	i	i	PROPN
cjfa-48232	189	41	,	,	PUNCT
cjfa-48232	189	42	�	�	PROPN
cjfa-48232	189	43	�	�	PROPN
cjfa-48232	189	44	�	�	PROPN
cjfa-48232	189	45	�	�	PROPN
cjfa-48232	189	46	𝑟𝑟	𝑟𝑟	NOUN
cjfa-48232	189	47	�	�	PROPN
cjfa-48232	189	48	,	,	PUNCT
cjfa-48232	189	49	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	189	50	�	�	PROPN
cjfa-48232	189	51	�	�	PROPN
cjfa-48232	189	52	is	be	AUX
cjfa-48232	189	53	the	the	DET
cjfa-48232	189	54	covariance	covariance	NOUN
cjfa-48232	189	55	between	between	ADP
cjfa-48232	189	56	the	the	DET
cjfa-48232	189	57	daily	daily	ADJ
cjfa-48232	189	58	returns	return	NOUN
cjfa-48232	189	59	of	of	ADP
cjfa-48232	189	60	asset	asset	NOUN
cjfa-48232	189	61	i	i	PRON
cjfa-48232	189	62	and	and	CCONJ
cjfa-48232	189	63	the	the	DET
cjfa-48232	189	64	market	market	NOUN
cjfa-48232	189	65	m	m	NOUN
cjfa-48232	189	66	and	and	CCONJ
cjfa-48232	189	67	�	�	PROPN
cjfa-48232	189	68	𝑉𝑉𝑟𝑟	𝑉𝑉𝑟𝑟	PROPN
cjfa-48232	189	69	�	�	PROPN
cjfa-48232	189	70	𝑟𝑟	𝑟𝑟	NOUN
cjfa-48232	189	71	�	�	PROPN
cjfa-48232	189	72	�	�	PROPN
cjfa-48232	189	73	is	be	AUX
cjfa-48232	189	74	the	the	DET
cjfa-48232	189	75	variance	variance	NOUN
cjfa-48232	189	76	of	of	ADP
cjfa-48232	189	77	the	the	DET
cjfa-48232	189	78	daily	daily	ADJ
cjfa-48232	189	79	returns	return	NOUN
cjfa-48232	189	80	of	of	ADP
cjfa-48232	189	81	the	the	DET
cjfa-48232	189	82	market	market	NOUN
cjfa-48232	189	83	m.	m.	NOUN
cjfa-48232	189	84	for	for	ADP
cjfa-48232	189	85	calculating	calculate	VERB
cjfa-48232	189	86	the	the	DET
cjfa-48232	189	87	market	market	NOUN
cjfa-48232	189	88	return	return	NOUN
cjfa-48232	189	89	,	,	PUNCT
cjfa-48232	189	90	the	the	DET
cjfa-48232	189	91	market	market	NOUN
cjfa-48232	189	92	is	be	AUX
cjfa-48232	189	93	usually	usually	ADV
cjfa-48232	189	94	represented	represent	VERB
cjfa-48232	189	95	by	by	ADP
cjfa-48232	189	96	a	a	DET
cjfa-48232	189	97	stock	stock	NOUN
cjfa-48232	189	98	market	market	NOUN
cjfa-48232	189	99	index	index	NOUN
cjfa-48232	189	100	.	.	PUNCT
cjfa-48232	190	1	the	the	DET
cjfa-48232	190	2	proxy	proxy	NOUN
cjfa-48232	190	3	for	for	ADP
cjfa-48232	190	4	the	the	DET
cjfa-48232	190	5	market	market	NOUN
cjfa-48232	190	6	in	in	ADP
cjfa-48232	190	7	this	this	DET
cjfa-48232	190	8	study	study	NOUN
cjfa-48232	190	9	will	will	AUX
cjfa-48232	190	10	be	be	AUX
cjfa-48232	190	11	the	the	DET
cjfa-48232	190	12	cdax	cdax	NOUN
cjfa-48232	190	13	as	as	SCONJ
cjfa-48232	190	14	it	it	PRON
cjfa-48232	190	15	represents	represent	VERB
cjfa-48232	190	16	all	all	DET
cjfa-48232	190	17	stocks	stock	NOUN
cjfa-48232	190	18	listed	list	VERB
cjfa-48232	190	19	in	in	ADP
cjfa-48232	190	20	the	the	DET
cjfa-48232	190	21	general	general	ADJ
cjfa-48232	190	22	standard	standard	NOUN
cjfa-48232	190	23	and	and	CCONJ
cjfa-48232	190	24	the	the	DET
cjfa-48232	190	25	prime	prime	ADJ
cjfa-48232	190	26	standard	standard	NOUN
cjfa-48232	190	27	of	of	ADP
cjfa-48232	190	28	the	the	DET
cjfa-48232	190	29	frankfurt	frankfurt	PROPN
cjfa-48232	190	30	stock	stock	PROPN
cjfa-48232	190	31	exchange	exchange	PROPN
cjfa-48232	190	32	.	.	PUNCT
cjfa-48232	191	1	as	as	SCONJ
cjfa-48232	191	2	only	only	ADJ
cjfa-48232	191	3	german	german	ADJ
cjfa-48232	191	4	stocks	stock	NOUN
cjfa-48232	191	5	are	be	AUX
cjfa-48232	191	6	listed	list	VERB
cjfa-48232	191	7	in	in	ADP
cjfa-48232	191	8	the	the	DET
cjfa-48232	191	9	cdax	cdax	NOUN
cjfa-48232	191	10	it	it	PRON
cjfa-48232	191	11	gives	give	VERB
cjfa-48232	191	12	a	a	DET
cjfa-48232	191	13	good	good	ADJ
cjfa-48232	191	14	basis	basis	NOUN
cjfa-48232	191	15	for	for	ADP
cjfa-48232	191	16	comparison	comparison	NOUN
cjfa-48232	191	17	with	with	ADP
cjfa-48232	191	18	the	the	DET
cjfa-48232	191	19	dax	dax	PROPN
cjfa-48232	191	20	as	as	ADV
cjfa-48232	191	21	well	well	ADV
cjfa-48232	191	22	as	as	ADP
cjfa-48232	191	23	the	the	DET
cjfa-48232	191	24	fcx	fcx	NOUN
cjfa-48232	191	25	.	.	PUNCT
cjfa-48232	192	1	additionally	additionally	ADV
cjfa-48232	192	2	,	,	PUNCT
cjfa-48232	192	3	the	the	DET
cjfa-48232	192	4	maximum	maximum	ADJ
cjfa-48232	192	5	one	one	NUM
cjfa-48232	192	6	-	-	PUNCT
cjfa-48232	192	7	day	day	NOUN
cjfa-48232	192	8	-	-	PUNCT
cjfa-48232	192	9	loss	loss	NOUN
cjfa-48232	192	10	will	will	AUX
cjfa-48232	192	11	be	be	AUX
cjfa-48232	192	12	calculated	calculate	VERB
cjfa-48232	192	13	for	for	SCONJ
cjfa-48232	192	14	both	both	DET
cjfa-48232	192	15	indices	index	NOUN
cjfa-48232	192	16	to	to	PART
cjfa-48232	192	17	evaluate	evaluate	VERB
cjfa-48232	192	18	the	the	DET
cjfa-48232	192	19	risk	risk	NOUN
cjfa-48232	192	20	by	by	ADP
cjfa-48232	192	21	using	use	VERB
cjfa-48232	192	22	:	:	PUNCT
cjfa-48232	192	23	𝑀𝑀𝑀𝑀	𝑀𝑀𝑀𝑀	PROPN
cjfa-48232	192	24	�	�	PROPN
cjfa-48232	192	25	�	�	PROPN
cjfa-48232	192	26	min	min	PROPN
cjfa-48232	192	27	�	�	PROPN
cjfa-48232	192	28	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	192	29	�	�	PROPN
cjfa-48232	192	30	,	,	PUNCT
cjfa-48232	192	31	�	�	PROPN
cjfa-48232	192	32	�	�	PROPN
cjfa-48232	192	33	(	(	PUNCT
cjfa-48232	192	34	6	6	NUM
cjfa-48232	192	35	)	)	PUNCT
cjfa-48232	192	36	where	where	SCONJ
cjfa-48232	192	37	:	:	PUNCT
cjfa-48232	192	38	𝑀𝑀𝑀𝑀	𝑀𝑀𝑀𝑀	PROPN
cjfa-48232	192	39	�	�	PROPN
cjfa-48232	192	40	is	be	AUX
cjfa-48232	192	41	the	the	DET
cjfa-48232	192	42	maximum	maximum	ADJ
cjfa-48232	192	43	loss	loss	NOUN
cjfa-48232	192	44	of	of	ADP
cjfa-48232	192	45	asset	asset	NOUN
cjfa-48232	192	46	i	i	PRON
cjfa-48232	192	47	and	and	CCONJ
cjfa-48232	192	48	𝑟𝑟	𝑟𝑟	ADP
cjfa-48232	192	49	�	�	PROPN
cjfa-48232	192	50	is	be	AUX
cjfa-48232	192	51	the	the	DET
cjfa-48232	192	52	daily	daily	ADJ
cjfa-48232	192	53	return	return	NOUN
cjfa-48232	192	54	of	of	ADP
cjfa-48232	192	55	asset	asset	NOUN
cjfa-48232	192	56	i	i	PRON
cjfa-48232	192	57	on	on	ADP
cjfa-48232	192	58	day	day	NOUN
cjfa-48232	192	59	t.	t.	PROPN
cjfa-48232	192	60	therefore	therefore	ADV
cjfa-48232	192	61	,	,	PUNCT
cjfa-48232	192	62	the	the	DET
cjfa-48232	192	63	biggest	big	ADJ
cjfa-48232	192	64	loss	loss	NOUN
cjfa-48232	192	65	on	on	ADP
cjfa-48232	192	66	a	a	DET
cjfa-48232	192	67	single	single	ADJ
cjfa-48232	192	68	trading	trading	NOUN
cjfa-48232	192	69	day	day	NOUN
cjfa-48232	192	70	will	will	AUX
cjfa-48232	192	71	be	be	AUX
cjfa-48232	192	72	given	give	VERB
cjfa-48232	192	73	.	.	PUNCT
cjfa-48232	193	1	to	to	PART
cjfa-48232	193	2	conclude	conclude	VERB
cjfa-48232	193	3	the	the	DET
cjfa-48232	193	4	risk	risk	NOUN
cjfa-48232	193	5	assessment	assessment	NOUN
cjfa-48232	193	6	,	,	PUNCT
cjfa-48232	193	7	value	value	NOUN
cjfa-48232	193	8	at	at	ADP
cjfa-48232	193	9	risk	risk	NOUN
cjfa-48232	193	10	measures	measure	NOUN
cjfa-48232	193	11	the	the	DET
cjfa-48232	193	12	maximum	maximum	ADJ
cjfa-48232	193	13	amount	amount	NOUN
cjfa-48232	193	14	of	of	ADP
cjfa-48232	193	15	loss	loss	NOUN
cjfa-48232	193	16	(	(	PUNCT
cjfa-48232	193	17	in	in	ADP
cjfa-48232	193	18	monetary	monetary	ADJ
cjfa-48232	193	19	units	unit	NOUN
cjfa-48232	193	20	)	)	PUNCT
cjfa-48232	193	21	not	not	PART
cjfa-48232	193	22	be	be	AUX
cjfa-48232	193	23	exceeded	exceed	VERB
cjfa-48232	193	24	at	at	ADP
cjfa-48232	193	25	a	a	DET
cjfa-48232	193	26	defined	define	VERB
cjfa-48232	193	27	confidence	confidence	NOUN
cjfa-48232	193	28	level	level	NOUN
cjfa-48232	193	29	within	within	ADP
cjfa-48232	193	30	a	a	DET
cjfa-48232	193	31	certain	certain	ADJ
cjfa-48232	193	32	time	time	NOUN
cjfa-48232	193	33	period	period	NOUN
cjfa-48232	193	34	.	.	PUNCT
cjfa-48232	194	1	in	in	ADP
cjfa-48232	194	2	this	this	DET
cjfa-48232	194	3	study	study	NOUN
cjfa-48232	194	4	the	the	DET
cjfa-48232	194	5	value	value	NOUN
cjfa-48232	194	6	at	at	ADP
cjfa-48232	194	7	risk	risk	NOUN
cjfa-48232	194	8	will	will	AUX
cjfa-48232	194	9	be	be	AUX
cjfa-48232	194	10	calculated	calculate	VERB
cjfa-48232	194	11	using	use	VERB
cjfa-48232	194	12	the	the	DET
cjfa-48232	194	13	parametric	parametric	ADJ
cjfa-48232	194	14	approach	approach	NOUN
cjfa-48232	194	15	(	(	PUNCT
cjfa-48232	194	16	variance	variance	NOUN
cjfa-48232	194	17	-	-	PUNCT
cjfa-48232	194	18	covariance	covariance	NOUN
cjfa-48232	194	19	-	-	PUNCT
cjfa-48232	194	20	method	method	NOUN
cjfa-48232	194	21	)	)	PUNCT
cjfa-48232	194	22	without	without	ADP
cjfa-48232	194	23	considering	consider	VERB
cjfa-48232	194	24	the	the	DET
cjfa-48232	194	25	expected	expect	VERB
cjfa-48232	194	26	return	return	NOUN
cjfa-48232	194	27	,	,	PUNCT
cjfa-48232	194	28	which	which	PRON
cjfa-48232	194	29	is	be	AUX
cjfa-48232	194	30	a	a	DET
cjfa-48232	194	31	conservative	conservative	ADJ
cjfa-48232	194	32	approximation	approximation	NOUN
cjfa-48232	194	33	for	for	ADP
cjfa-48232	194	34	the	the	DET
cjfa-48232	194	35	risk	risk	NOUN
cjfa-48232	194	36	of	of	ADP
cjfa-48232	194	37	an	an	DET
cjfa-48232	194	38	asset	asset	NOUN
cjfa-48232	194	39	.	.	PUNCT
cjfa-48232	195	1	𝑉𝑉𝑉𝑉𝑉𝑉	𝑉𝑉𝑉𝑉𝑉𝑉	PROPN
cjfa-48232	195	2	�	�	PROPN
cjfa-48232	195	3	�	�	PROPN
cjfa-48232	195	4	𝑉𝑉	𝑉𝑉	PROPN
cjfa-48232	195	5	�	�	PROPN
cjfa-48232	195	6	∙	∙	PROPN
cjfa-48232	195	7	𝑀𝑀	𝑀𝑀	PROPN
cjfa-48232	195	8	�	�	PROPN
cjfa-48232	195	9	𝛼𝛼	𝛼𝛼	NOUN
cjfa-48232	195	10	�	�	PROPN
cjfa-48232	195	11	∙	∙	PROPN
cjfa-48232	195	12	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	195	13	�	�	PROPN
cjfa-48232	195	14	(	(	PUNCT
cjfa-48232	195	15	7	7	NUM
cjfa-48232	195	16	)	)	PUNCT
cjfa-48232	195	17	where	where	SCONJ
cjfa-48232	195	18	:	:	PUNCT
cjfa-48232	195	19	𝑉𝑉𝑉𝑉𝑉𝑉	𝑉𝑉𝑉𝑉𝑉𝑉	PROPN
cjfa-48232	195	20	�	�	PROPN
cjfa-48232	195	21	is	be	AUX
cjfa-48232	195	22	the	the	DET
cjfa-48232	195	23	value	value	NOUN
cjfa-48232	195	24	at	at	ADP
cjfa-48232	195	25	risk	risk	NOUN
cjfa-48232	195	26	of	of	ADP
cjfa-48232	195	27	asset	asset	NOUN
cjfa-48232	195	28	i	i	PRON
cjfa-48232	195	29	,	,	PUNCT
cjfa-48232	195	30	𝑉𝑉	𝑉𝑉	PROPN
cjfa-48232	195	31	�	�	PROPN
cjfa-48232	195	32	represents	represent	VERB
cjfa-48232	195	33	the	the	DET
cjfa-48232	195	34	market	market	NOUN
cjfa-48232	195	35	value	value	NOUN
cjfa-48232	195	36	of	of	ADP
cjfa-48232	195	37	asset	asset	NOUN
cjfa-48232	195	38	i	i	PRON
cjfa-48232	195	39	,	,	PUNCT
cjfa-48232	195	40	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	195	41	�	�	PROPN
cjfa-48232	195	42	is	be	AUX
cjfa-48232	195	43	the	the	DET
cjfa-48232	195	44	standard	standard	ADJ
cjfa-48232	195	45	deviation	deviation	NOUN
cjfa-48232	195	46	of	of	ADP
cjfa-48232	195	47	asset	asset	NOUN
cjfa-48232	195	48	i	i	PROPN
cjfa-48232	195	49	and	and	CCONJ
cjfa-48232	195	50	𝑀𝑀	𝑀𝑀	PROPN
cjfa-48232	195	51	�	�	PROPN
cjfa-48232	195	52	𝛼𝛼	𝛼𝛼	NOUN
cjfa-48232	195	53	�	�	PROPN
cjfa-48232	195	54	is	be	AUX
cjfa-48232	195	55	the	the	DET
cjfa-48232	195	56	fractile	fractile	NOUN
cjfa-48232	195	57	of	of	ADP
cjfa-48232	195	58	the	the	DET
cjfa-48232	195	59	standard	standard	ADJ
cjfa-48232	195	60	normal	normal	ADJ
cjfa-48232	195	61	distribution	distribution	NOUN
cjfa-48232	195	62	,	,	PUNCT
cjfa-48232	195	63	set	set	VERB
cjfa-48232	195	64	by	by	ADP
cjfa-48232	195	65	the	the	DET
cjfa-48232	195	66	confidence	confidence	NOUN
cjfa-48232	195	67	level	level	NOUN
cjfa-48232	195	68	�	�	PROPN
cjfa-48232	195	69	1	1	NUM
cjfa-48232	195	70	�	�	PROPN
cjfa-48232	195	71	𝛼𝛼	𝛼𝛼	ADP
cjfa-48232	195	72	�	�	PROPN
cjfa-48232	195	73	.	.	PUNCT
cjfa-48232	196	1	finally	finally	ADV
cjfa-48232	196	2	,	,	PUNCT
cjfa-48232	196	3	to	to	PART
cjfa-48232	196	4	evaluate	evaluate	VERB
cjfa-48232	196	5	the	the	DET
cjfa-48232	196	6	performance	performance	NOUN
cjfa-48232	196	7	of	of	ADP
cjfa-48232	196	8	a	a	DET
cjfa-48232	196	9	certain	certain	ADJ
cjfa-48232	196	10	asset	asset	NOUN
cjfa-48232	196	11	it	it	PRON
cjfa-48232	196	12	is	be	AUX
cjfa-48232	196	13	necessary	necessary	ADJ
cjfa-48232	196	14	to	to	PART
cjfa-48232	196	15	put	put	VERB
cjfa-48232	196	16	its	its	PRON
cjfa-48232	196	17	return	return	NOUN
cjfa-48232	196	18	in	in	ADP
cjfa-48232	196	19	relation	relation	NOUN
cjfa-48232	196	20	to	to	ADP
cjfa-48232	196	21	its	its	PRON
cjfa-48232	196	22	risk	risk	NOUN
cjfa-48232	196	23	.	.	PUNCT
cjfa-48232	197	1	to	to	PART
cjfa-48232	197	2	understand	understand	VERB
cjfa-48232	197	3	an	an	DET
cjfa-48232	197	4	investment	investment	NOUN
cjfa-48232	197	5	’s	’s	PART
cjfa-48232	197	6	return	return	NOUN
cjfa-48232	197	7	compared	compare	VERB
cjfa-48232	197	8	to	to	ADP
cjfa-48232	197	9	its	its	PRON
cjfa-48232	197	10	risk	risk	NOUN
cjfa-48232	197	11	the	the	DET
cjfa-48232	197	12	sharperatio	sharperatio	NOUN
cjfa-48232	197	13	is	be	AUX
cjfa-48232	197	14	well	well	ADV
cjfa-48232	197	15	-	-	PUNCT
cjfa-48232	197	16	suited	suit	VERB
cjfa-48232	197	17	(	(	PUNCT
cjfa-48232	197	18	sharpe	sharpe	NOUN
cjfa-48232	197	19	,	,	PUNCT
cjfa-48232	197	20	1966	1966	NUM
cjfa-48232	197	21	)	)	PUNCT
cjfa-48232	197	22	.	.	PUNCT
cjfa-48232	198	1	the	the	DET
cjfa-48232	198	2	sharpe	sharpe	NOUN
cjfa-48232	198	3	-	-	PUNCT
cjfa-48232	198	4	ratio	ratio	NOUN
cjfa-48232	198	5	can	can	AUX
cjfa-48232	198	6	be	be	AUX
cjfa-48232	198	7	calculated	calculate	VERB
cjfa-48232	198	8	as	as	SCONJ
cjfa-48232	198	9	follows	follow	VERB
cjfa-48232	198	10	:	:	PUNCT
cjfa-48232	198	11	𝑆𝑆𝑉𝑉	𝑆𝑆𝑉𝑉	PROPN
cjfa-48232	198	12	�	�	PROPN
cjfa-48232	198	13	�	�	PROPN
cjfa-48232	198	14	�	�	PROPN
cjfa-48232	198	15	�	�	PROPN
cjfa-48232	198	16	�	�	PROPN
cjfa-48232	198	17	�	�	PROPN
cjfa-48232	198	18	�	�	PROPN
cjfa-48232	198	19	�	�	PROPN
cjfa-48232	198	20	�	�	PROPN
cjfa-48232	198	21	(	(	PUNCT
cjfa-48232	198	22	8)	8)	NUM
cjfa-48232	198	23	with	with	ADP
cjfa-48232	198	24	𝑆𝑆𝑉𝑉	𝑆𝑆𝑉𝑉	PROPN
cjfa-48232	198	25	�	�	PROPN
cjfa-48232	198	26	being	be	AUX
cjfa-48232	198	27	the	the	DET
cjfa-48232	198	28	sharpe	sharpe	NOUN
cjfa-48232	198	29	-	-	PUNCT
cjfa-48232	198	30	ratio	ratio	NOUN
cjfa-48232	198	31	of	of	ADP
cjfa-48232	198	32	asset	asset	NOUN
cjfa-48232	198	33	i	i	PRON
cjfa-48232	198	34	,	,	PUNCT
cjfa-48232	198	35	𝜇𝜇	𝜇𝜇	ADP
cjfa-48232	198	36	�	�	PROPN
cjfa-48232	198	37	is	be	AUX
cjfa-48232	198	38	the	the	DET
cjfa-48232	198	39	mean	mean	ADJ
cjfa-48232	198	40	value	value	NOUN
cjfa-48232	198	41	of	of	ADP
cjfa-48232	198	42	returns	return	NOUN
cjfa-48232	198	43	for	for	ADP
cjfa-48232	198	44	asset	asset	NOUN
cjfa-48232	198	45	i	i	PRON
cjfa-48232	198	46	,	,	PUNCT
cjfa-48232	198	47	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	198	48	�	�	PROPN
cjfa-48232	198	49	is	be	AUX
cjfa-48232	198	50	the	the	DET
cjfa-48232	198	51	risk	risk	NOUN
cjfa-48232	198	52	-	-	PUNCT
cjfa-48232	198	53	free	free	ADJ
cjfa-48232	198	54	interest	interest	NOUN
cjfa-48232	198	55	rate	rate	NOUN
cjfa-48232	198	56	and	and	CCONJ
cjfa-48232	198	57	𝜎𝜎	𝜎𝜎	AUX
cjfa-48232	198	58	�	�	PROPN
cjfa-48232	198	59	is	be	AUX
cjfa-48232	198	60	the	the	DET
cjfa-48232	198	61	volatility	volatility	NOUN
cjfa-48232	198	62	(=	(=	NOUN
cjfa-48232	198	63	standard	standard	ADJ
cjfa-48232	198	64	deviation	deviation	NOUN
cjfa-48232	198	65	)	)	PUNCT
cjfa-48232	198	66	of	of	ADP
cjfa-48232	198	67	asset	asset	NOUN
cjfa-48232	198	68	i.	i.	NOUN
cjfa-48232	198	69	as	as	ADP
cjfa-48232	198	70	an	an	DET
cjfa-48232	198	71	approximation	approximation	NOUN
cjfa-48232	198	72	for	for	ADP
cjfa-48232	198	73	the	the	DET
cjfa-48232	198	74	risk	risk	NOUN
cjfa-48232	198	75	-	-	PUNCT
cjfa-48232	198	76	free	free	ADJ
cjfa-48232	198	77	interest	interest	NOUN
cjfa-48232	198	78	rate	rate	NOUN
cjfa-48232	198	79	usually	usually	ADV
cjfa-48232	198	80	the	the	DET
cjfa-48232	198	81	euribor	euribor	NOUN
cjfa-48232	198	82	is	be	AUX
cjfa-48232	198	83	used	use	VERB
cjfa-48232	198	84	.	.	PUNCT
cjfa-48232	199	1	as	as	SCONJ
cjfa-48232	199	2	the	the	DET
cjfa-48232	199	3	time	time	NOUN
cjfa-48232	199	4	frame	frame	NOUN
cjfa-48232	199	5	for	for	ADP
cjfa-48232	199	6	this	this	DET
cjfa-48232	199	7	study	study	NOUN
cjfa-48232	199	8	coincides	coincide	VERB
cjfa-48232	199	9	with	with	ADP
cjfa-48232	199	10	the	the	DET
cjfa-48232	199	11	low	low	ADJ
cjfa-48232	199	12	or	or	CCONJ
cjfa-48232	199	13	even	even	ADV
cjfa-48232	199	14	negative	negative	ADJ
cjfa-48232	199	15	risk	risk	NOUN
cjfa-48232	199	16	phase	phase	NOUN
cjfa-48232	199	17	(	(	PUNCT
cjfa-48232	199	18	with	with	ADP
cjfa-48232	199	19	the	the	DET
cjfa-48232	199	20	interest	interest	NOUN
cjfa-48232	199	21	(	(	PUNCT
cjfa-48232	199	22	6	6	NUM
cjfa-48232	199	23	)	)	PUNCT
cjfa-48232	199	24	where	where	SCONJ
cjfa-48232	199	25	:	:	PUNCT
cjfa-48232	199	26	mli	mli	PROPN
cjfa-48232	199	27	is	be	AUX
cjfa-48232	199	28	the	the	DET
cjfa-48232	199	29	maximum	maximum	ADJ
cjfa-48232	199	30	loss	loss	NOUN
cjfa-48232	199	31	of	of	ADP
cjfa-48232	199	32	asset	asset	NOUN
cjfa-48232	200	1	i	i	PRON
cjfa-48232	200	2	and	and	CCONJ
cjfa-48232	200	3	rt	rt	PROPN
cjfa-48232	200	4	is	be	AUX
cjfa-48232	200	5	the	the	DET
cjfa-48232	200	6	daily	daily	ADJ
cjfa-48232	200	7	return	return	NOUN
cjfa-48232	200	8	of	of	ADP
cjfa-48232	200	9	asset	asset	NOUN
cjfa-48232	200	10	i	i	PRON
cjfa-48232	200	11	on	on	ADP
cjfa-48232	200	12	day	day	NOUN
cjfa-48232	200	13	t.	t.	PROPN
cjfa-48232	200	14	therefore	therefore	ADV
cjfa-48232	200	15	,	,	PUNCT
cjfa-48232	200	16	the	the	DET
cjfa-48232	200	17	biggest	big	ADJ
cjfa-48232	200	18	loss	loss	NOUN
cjfa-48232	200	19	on	on	ADP
cjfa-48232	200	20	a	a	DET
cjfa-48232	200	21	single	single	ADJ
cjfa-48232	200	22	trading	trading	NOUN
cjfa-48232	200	23	day	day	NOUN
cjfa-48232	200	24	will	will	AUX
cjfa-48232	200	25	be	be	AUX
cjfa-48232	200	26	given	give	VERB
cjfa-48232	200	27	.	.	PUNCT
cjfa-48232	201	1	to	to	PART
cjfa-48232	201	2	conclude	conclude	VERB
cjfa-48232	201	3	the	the	DET
cjfa-48232	201	4	risk	risk	NOUN
cjfa-48232	201	5	assessment	assessment	NOUN
cjfa-48232	201	6	,	,	PUNCT
cjfa-48232	201	7	value	value	NOUN
cjfa-48232	201	8	at	at	ADP
cjfa-48232	201	9	risk	risk	NOUN
cjfa-48232	201	10	measures	measure	NOUN
cjfa-48232	201	11	the	the	DET
cjfa-48232	201	12	maximum	maximum	ADJ
cjfa-48232	201	13	amount	amount	NOUN
cjfa-48232	201	14	of	of	ADP
cjfa-48232	201	15	loss	loss	NOUN
cjfa-48232	201	16	(	(	PUNCT
cjfa-48232	201	17	in	in	ADP
cjfa-48232	201	18	monetary	monetary	ADJ
cjfa-48232	201	19	units	unit	NOUN
cjfa-48232	201	20	)	)	PUNCT
cjfa-48232	201	21	not	not	PART
cjfa-48232	201	22	be	be	AUX
cjfa-48232	201	23	exceeded	exceed	VERB
cjfa-48232	201	24	at	at	ADP
cjfa-48232	201	25	a	a	DET
cjfa-48232	201	26	defined	define	VERB
cjfa-48232	201	27	confidence	confidence	NOUN
cjfa-48232	201	28	level	level	NOUN
cjfa-48232	201	29	within	within	ADP
cjfa-48232	201	30	a	a	DET
cjfa-48232	201	31	certain	certain	ADJ
cjfa-48232	201	32	time	time	NOUN
cjfa-48232	201	33	period	period	NOUN
cjfa-48232	201	34	.	.	PUNCT
cjfa-48232	202	1	in	in	ADP
cjfa-48232	202	2	this	this	DET
cjfa-48232	202	3	study	study	NOUN
cjfa-48232	202	4	the	the	DET
cjfa-48232	202	5	value	value	NOUN
cjfa-48232	202	6	at	at	ADP
cjfa-48232	202	7	risk	risk	NOUN
cjfa-48232	202	8	will	will	AUX
cjfa-48232	202	9	be	be	AUX
cjfa-48232	202	10	calculated	calculate	VERB
cjfa-48232	202	11	using	use	VERB
cjfa-48232	202	12	the	the	DET
cjfa-48232	202	13	parametric	parametric	ADJ
cjfa-48232	202	14	approach	approach	NOUN
cjfa-48232	202	15	(	(	PUNCT
cjfa-48232	202	16	variance	variance	NOUN
cjfa-48232	202	17	-	-	PUNCT
cjfa-48232	202	18	covariance	covariance	NOUN
cjfa-48232	202	19	-	-	PUNCT
cjfa-48232	202	20	method	method	NOUN
cjfa-48232	202	21	)	)	PUNCT
cjfa-48232	202	22	without	without	ADP
cjfa-48232	202	23	considering	consider	VERB
cjfa-48232	202	24	the	the	DET
cjfa-48232	202	25	expected	expect	VERB
cjfa-48232	202	26	return	return	NOUN
cjfa-48232	202	27	,	,	PUNCT
cjfa-48232	202	28	which	which	PRON
cjfa-48232	202	29	is	be	AUX
cjfa-48232	202	30	a	a	DET
cjfa-48232	202	31	conservative	conservative	ADJ
cjfa-48232	202	32	approximation	approximation	NOUN
cjfa-48232	202	33	for	for	ADP
cjfa-48232	202	34	the	the	DET
cjfa-48232	202	35	risk	risk	NOUN
cjfa-48232	202	36	of	of	ADP
cjfa-48232	202	37	an	an	DET
cjfa-48232	202	38	asset	asset	NOUN
cjfa-48232	202	39	.	.	PUNCT
cjfa-48232	203	1	measured	measure	VERB
cjfa-48232	203	2	by	by	ADP
cjfa-48232	203	3	beta	beta	NOUN
cjfa-48232	203	4	,	,	PUNCT
cjfa-48232	203	5	which	which	PRON
cjfa-48232	203	6	gives	give	VERB
cjfa-48232	203	7	the	the	DET
cjfa-48232	203	8	correlation	correlation	NOUN
cjfa-48232	203	9	between	between	ADP
cjfa-48232	203	10	the	the	DET
cjfa-48232	203	11	return	return	NOUN
cjfa-48232	203	12	of	of	ADP
cjfa-48232	203	13	an	an	DET
cjfa-48232	203	14	individual	individual	ADJ
cjfa-48232	203	15	stock	stock	NOUN
cjfa-48232	203	16	and	and	CCONJ
cjfa-48232	203	17	the	the	DET
cjfa-48232	203	18	market	market	NOUN
cjfa-48232	203	19	return	return	NOUN
cjfa-48232	203	20	.	.	PUNCT
cjfa-48232	204	1	beta	beta	NOUN
cjfa-48232	204	2	can	can	AUX
cjfa-48232	204	3	be	be	AUX
cjfa-48232	204	4	measured	measure	VERB
cjfa-48232	204	5	as	as	ADP
cjfa-48232	204	6	:	:	PUNCT
cjfa-48232	204	7	𝛽𝛽	𝛽𝛽	PROPN
cjfa-48232	204	8	�	�	PROPN
cjfa-48232	204	9	�	�	PROPN
cjfa-48232	204	10	�	�	PROPN
cjfa-48232	204	11	�	�	PROPN
cjfa-48232	204	12	�	�	PROPN
cjfa-48232	204	13	�	�	PROPN
cjfa-48232	204	14	�	�	PROPN
cjfa-48232	204	15	�	�	PROPN
cjfa-48232	204	16	,	,	PUNCT
cjfa-48232	204	17	�	�	PROPN
cjfa-48232	204	18	�	�	PROPN
cjfa-48232	204	19	�	�	PROPN
cjfa-48232	204	20	�	�	PROPN
cjfa-48232	204	21	�	�	PROPN
cjfa-48232	204	22	�	�	PROPN
cjfa-48232	204	23	�	�	PROPN
cjfa-48232	204	24	�	�	PROPN
cjfa-48232	204	25	�	�	PROPN
cjfa-48232	204	26	�	�	PROPN
cjfa-48232	204	27	(	(	PUNCT
cjfa-48232	204	28	5	5	NUM
cjfa-48232	204	29	)	)	PUNCT
cjfa-48232	204	30	where	where	SCONJ
cjfa-48232	204	31	:	:	PUNCT
cjfa-48232	204	32	𝛽𝛽	𝛽𝛽	PRON
cjfa-48232	204	33	�	�	PROPN
cjfa-48232	204	34	is	be	AUX
cjfa-48232	204	35	the	the	DET
cjfa-48232	204	36	beta	beta	ADJ
cjfa-48232	204	37	factor	factor	NOUN
cjfa-48232	204	38	of	of	ADP
cjfa-48232	204	39	asset	asset	NOUN
cjfa-48232	204	40	i	i	PROPN
cjfa-48232	204	41	,	,	PUNCT
cjfa-48232	204	42	�	�	PROPN
cjfa-48232	204	43	�	�	PROPN
cjfa-48232	204	44	�	�	PROPN
cjfa-48232	204	45	�	�	PROPN
cjfa-48232	204	46	𝑟𝑟	𝑟𝑟	NOUN
cjfa-48232	204	47	�	�	PROPN
cjfa-48232	204	48	,	,	PUNCT
cjfa-48232	204	49	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	204	50	�	�	PROPN
cjfa-48232	204	51	�	�	PROPN
cjfa-48232	204	52	is	be	AUX
cjfa-48232	204	53	the	the	DET
cjfa-48232	204	54	covariance	covariance	NOUN
cjfa-48232	204	55	between	between	ADP
cjfa-48232	204	56	the	the	DET
cjfa-48232	204	57	daily	daily	ADJ
cjfa-48232	204	58	returns	return	NOUN
cjfa-48232	204	59	of	of	ADP
cjfa-48232	204	60	asset	asset	NOUN
cjfa-48232	204	61	i	i	PRON
cjfa-48232	204	62	and	and	CCONJ
cjfa-48232	204	63	the	the	DET
cjfa-48232	204	64	market	market	NOUN
cjfa-48232	204	65	m	m	NOUN
cjfa-48232	204	66	and	and	CCONJ
cjfa-48232	204	67	�	�	PROPN
cjfa-48232	204	68	𝑉𝑉𝑟𝑟	𝑉𝑉𝑟𝑟	PROPN
cjfa-48232	204	69	�	�	PROPN
cjfa-48232	204	70	𝑟𝑟	𝑟𝑟	NOUN
cjfa-48232	204	71	�	�	PROPN
cjfa-48232	204	72	�	�	PROPN
cjfa-48232	204	73	is	be	AUX
cjfa-48232	204	74	the	the	DET
cjfa-48232	204	75	variance	variance	NOUN
cjfa-48232	204	76	of	of	ADP
cjfa-48232	204	77	the	the	DET
cjfa-48232	204	78	daily	daily	ADJ
cjfa-48232	204	79	returns	return	NOUN
cjfa-48232	204	80	of	of	ADP
cjfa-48232	204	81	the	the	DET
cjfa-48232	204	82	market	market	NOUN
cjfa-48232	204	83	m.	m.	NOUN
cjfa-48232	204	84	for	for	ADP
cjfa-48232	204	85	calculating	calculate	VERB
cjfa-48232	204	86	the	the	DET
cjfa-48232	204	87	market	market	NOUN
cjfa-48232	204	88	return	return	NOUN
cjfa-48232	204	89	,	,	PUNCT
cjfa-48232	204	90	the	the	DET
cjfa-48232	204	91	market	market	NOUN
cjfa-48232	204	92	is	be	AUX
cjfa-48232	204	93	usually	usually	ADV
cjfa-48232	204	94	represented	represent	VERB
cjfa-48232	204	95	by	by	ADP
cjfa-48232	204	96	a	a	DET
cjfa-48232	204	97	stock	stock	NOUN
cjfa-48232	204	98	market	market	NOUN
cjfa-48232	204	99	index	index	NOUN
cjfa-48232	204	100	.	.	PUNCT
cjfa-48232	205	1	the	the	DET
cjfa-48232	205	2	proxy	proxy	NOUN
cjfa-48232	205	3	for	for	ADP
cjfa-48232	205	4	the	the	DET
cjfa-48232	205	5	market	market	NOUN
cjfa-48232	205	6	in	in	ADP
cjfa-48232	205	7	this	this	DET
cjfa-48232	205	8	study	study	NOUN
cjfa-48232	205	9	will	will	AUX
cjfa-48232	205	10	be	be	AUX
cjfa-48232	205	11	the	the	DET
cjfa-48232	205	12	cdax	cdax	NOUN
cjfa-48232	205	13	as	as	SCONJ
cjfa-48232	205	14	it	it	PRON
cjfa-48232	205	15	represents	represent	VERB
cjfa-48232	205	16	all	all	DET
cjfa-48232	205	17	stocks	stock	NOUN
cjfa-48232	205	18	listed	list	VERB
cjfa-48232	205	19	in	in	ADP
cjfa-48232	205	20	the	the	DET
cjfa-48232	205	21	general	general	ADJ
cjfa-48232	205	22	standard	standard	NOUN
cjfa-48232	205	23	and	and	CCONJ
cjfa-48232	205	24	the	the	DET
cjfa-48232	205	25	prime	prime	ADJ
cjfa-48232	205	26	standard	standard	NOUN
cjfa-48232	205	27	of	of	ADP
cjfa-48232	205	28	the	the	DET
cjfa-48232	205	29	frankfurt	frankfurt	PROPN
cjfa-48232	205	30	stock	stock	PROPN
cjfa-48232	205	31	exchange	exchange	PROPN
cjfa-48232	205	32	.	.	PUNCT
cjfa-48232	206	1	as	as	SCONJ
cjfa-48232	206	2	only	only	ADJ
cjfa-48232	206	3	german	german	ADJ
cjfa-48232	206	4	stocks	stock	NOUN
cjfa-48232	206	5	are	be	AUX
cjfa-48232	206	6	listed	list	VERB
cjfa-48232	206	7	in	in	ADP
cjfa-48232	206	8	the	the	DET
cjfa-48232	206	9	cdax	cdax	NOUN
cjfa-48232	206	10	it	it	PRON
cjfa-48232	206	11	gives	give	VERB
cjfa-48232	206	12	a	a	DET
cjfa-48232	206	13	good	good	ADJ
cjfa-48232	206	14	basis	basis	NOUN
cjfa-48232	206	15	for	for	ADP
cjfa-48232	206	16	comparison	comparison	NOUN
cjfa-48232	206	17	with	with	ADP
cjfa-48232	206	18	the	the	DET
cjfa-48232	206	19	dax	dax	PROPN
cjfa-48232	206	20	as	as	ADV
cjfa-48232	206	21	well	well	ADV
cjfa-48232	206	22	as	as	ADP
cjfa-48232	206	23	the	the	DET
cjfa-48232	206	24	fcx	fcx	NOUN
cjfa-48232	206	25	.	.	PUNCT
cjfa-48232	207	1	additionally	additionally	ADV
cjfa-48232	207	2	,	,	PUNCT
cjfa-48232	207	3	the	the	DET
cjfa-48232	207	4	maximum	maximum	ADJ
cjfa-48232	207	5	one	one	NUM
cjfa-48232	207	6	-	-	PUNCT
cjfa-48232	207	7	day	day	NOUN
cjfa-48232	207	8	-	-	PUNCT
cjfa-48232	207	9	loss	loss	NOUN
cjfa-48232	207	10	will	will	AUX
cjfa-48232	207	11	be	be	AUX
cjfa-48232	207	12	calculated	calculate	VERB
cjfa-48232	207	13	for	for	SCONJ
cjfa-48232	207	14	both	both	DET
cjfa-48232	207	15	indices	index	NOUN
cjfa-48232	207	16	to	to	PART
cjfa-48232	207	17	evaluate	evaluate	VERB
cjfa-48232	207	18	the	the	DET
cjfa-48232	207	19	risk	risk	NOUN
cjfa-48232	207	20	by	by	ADP
cjfa-48232	207	21	using	use	VERB
cjfa-48232	207	22	:	:	PUNCT
cjfa-48232	207	23	𝑀𝑀𝑀𝑀	𝑀𝑀𝑀𝑀	PROPN
cjfa-48232	207	24	�	�	PROPN
cjfa-48232	207	25	�	�	PROPN
cjfa-48232	207	26	min	min	PROPN
cjfa-48232	207	27	�	�	PROPN
cjfa-48232	207	28	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	207	29	�	�	PROPN
cjfa-48232	207	30	,	,	PUNCT
cjfa-48232	207	31	�	�	PROPN
cjfa-48232	207	32	�	�	PROPN
cjfa-48232	207	33	(	(	PUNCT
cjfa-48232	207	34	6	6	NUM
cjfa-48232	207	35	)	)	PUNCT
cjfa-48232	207	36	where	where	SCONJ
cjfa-48232	207	37	:	:	PUNCT
cjfa-48232	207	38	𝑀𝑀𝑀𝑀	𝑀𝑀𝑀𝑀	PROPN
cjfa-48232	207	39	�	�	PROPN
cjfa-48232	207	40	is	be	AUX
cjfa-48232	207	41	the	the	DET
cjfa-48232	207	42	maximum	maximum	ADJ
cjfa-48232	207	43	loss	loss	NOUN
cjfa-48232	207	44	of	of	ADP
cjfa-48232	207	45	asset	asset	NOUN
cjfa-48232	207	46	i	i	PRON
cjfa-48232	207	47	and	and	CCONJ
cjfa-48232	207	48	𝑟𝑟	𝑟𝑟	ADP
cjfa-48232	207	49	�	�	PROPN
cjfa-48232	207	50	is	be	AUX
cjfa-48232	207	51	the	the	DET
cjfa-48232	207	52	daily	daily	ADJ
cjfa-48232	207	53	return	return	NOUN
cjfa-48232	207	54	of	of	ADP
cjfa-48232	207	55	asset	asset	NOUN
cjfa-48232	207	56	i	i	PRON
cjfa-48232	207	57	on	on	ADP
cjfa-48232	207	58	day	day	NOUN
cjfa-48232	207	59	t.	t.	PROPN
cjfa-48232	207	60	therefore	therefore	ADV
cjfa-48232	207	61	,	,	PUNCT
cjfa-48232	207	62	the	the	DET
cjfa-48232	207	63	biggest	big	ADJ
cjfa-48232	207	64	loss	loss	NOUN
cjfa-48232	207	65	on	on	ADP
cjfa-48232	207	66	a	a	DET
cjfa-48232	207	67	single	single	ADJ
cjfa-48232	207	68	trading	trading	NOUN
cjfa-48232	207	69	day	day	NOUN
cjfa-48232	207	70	will	will	AUX
cjfa-48232	207	71	be	be	AUX
cjfa-48232	207	72	given	give	VERB
cjfa-48232	207	73	.	.	PUNCT
cjfa-48232	208	1	to	to	PART
cjfa-48232	208	2	conclude	conclude	VERB
cjfa-48232	208	3	the	the	DET
cjfa-48232	208	4	risk	risk	NOUN
cjfa-48232	208	5	assessment	assessment	NOUN
cjfa-48232	208	6	,	,	PUNCT
cjfa-48232	208	7	value	value	NOUN
cjfa-48232	208	8	at	at	ADP
cjfa-48232	208	9	risk	risk	NOUN
cjfa-48232	208	10	measures	measure	NOUN
cjfa-48232	208	11	the	the	DET
cjfa-48232	208	12	maximum	maximum	ADJ
cjfa-48232	208	13	amount	amount	NOUN
cjfa-48232	208	14	of	of	ADP
cjfa-48232	208	15	loss	loss	NOUN
cjfa-48232	208	16	(	(	PUNCT
cjfa-48232	208	17	in	in	ADP
cjfa-48232	208	18	monetary	monetary	ADJ
cjfa-48232	208	19	units	unit	NOUN
cjfa-48232	208	20	)	)	PUNCT
cjfa-48232	208	21	not	not	PART
cjfa-48232	208	22	be	be	AUX
cjfa-48232	208	23	exceeded	exceed	VERB
cjfa-48232	208	24	at	at	ADP
cjfa-48232	208	25	a	a	DET
cjfa-48232	208	26	defined	define	VERB
cjfa-48232	208	27	confidence	confidence	NOUN
cjfa-48232	208	28	level	level	NOUN
cjfa-48232	208	29	within	within	ADP
cjfa-48232	208	30	a	a	DET
cjfa-48232	208	31	certain	certain	ADJ
cjfa-48232	208	32	time	time	NOUN
cjfa-48232	208	33	period	period	NOUN
cjfa-48232	208	34	.	.	PUNCT
cjfa-48232	209	1	in	in	ADP
cjfa-48232	209	2	this	this	DET
cjfa-48232	209	3	study	study	NOUN
cjfa-48232	209	4	the	the	DET
cjfa-48232	209	5	value	value	NOUN
cjfa-48232	209	6	at	at	ADP
cjfa-48232	209	7	risk	risk	NOUN
cjfa-48232	209	8	will	will	AUX
cjfa-48232	209	9	be	be	AUX
cjfa-48232	209	10	calculated	calculate	VERB
cjfa-48232	209	11	using	use	VERB
cjfa-48232	209	12	the	the	DET
cjfa-48232	209	13	parametric	parametric	ADJ
cjfa-48232	209	14	approach	approach	NOUN
cjfa-48232	209	15	(	(	PUNCT
cjfa-48232	209	16	variance	variance	NOUN
cjfa-48232	209	17	-	-	PUNCT
cjfa-48232	209	18	covariance	covariance	NOUN
cjfa-48232	209	19	-	-	PUNCT
cjfa-48232	209	20	method	method	NOUN
cjfa-48232	209	21	)	)	PUNCT
cjfa-48232	209	22	without	without	ADP
cjfa-48232	209	23	considering	consider	VERB
cjfa-48232	209	24	the	the	DET
cjfa-48232	209	25	expected	expect	VERB
cjfa-48232	209	26	return	return	NOUN
cjfa-48232	209	27	,	,	PUNCT
cjfa-48232	209	28	which	which	PRON
cjfa-48232	209	29	is	be	AUX
cjfa-48232	209	30	a	a	DET
cjfa-48232	209	31	conservative	conservative	ADJ
cjfa-48232	209	32	approximation	approximation	NOUN
cjfa-48232	209	33	for	for	ADP
cjfa-48232	209	34	the	the	DET
cjfa-48232	209	35	risk	risk	NOUN
cjfa-48232	209	36	of	of	ADP
cjfa-48232	209	37	an	an	DET
cjfa-48232	209	38	asset	asset	NOUN
cjfa-48232	209	39	.	.	PUNCT
cjfa-48232	210	1	𝑉𝑉𝑉𝑉𝑉𝑉	𝑉𝑉𝑉𝑉𝑉𝑉	PROPN
cjfa-48232	210	2	�	�	PROPN
cjfa-48232	210	3	�	�	PROPN
cjfa-48232	210	4	𝑉𝑉	𝑉𝑉	PROPN
cjfa-48232	210	5	�	�	PROPN
cjfa-48232	210	6	∙	∙	PROPN
cjfa-48232	210	7	𝑀𝑀	𝑀𝑀	PROPN
cjfa-48232	210	8	�	�	PROPN
cjfa-48232	210	9	𝛼𝛼	𝛼𝛼	NOUN
cjfa-48232	210	10	�	�	PROPN
cjfa-48232	210	11	∙	∙	PROPN
cjfa-48232	210	12	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	210	13	�	�	PROPN
cjfa-48232	210	14	(	(	PUNCT
cjfa-48232	210	15	7	7	NUM
cjfa-48232	210	16	)	)	PUNCT
cjfa-48232	210	17	where	where	SCONJ
cjfa-48232	210	18	:	:	PUNCT
cjfa-48232	210	19	𝑉𝑉𝑉𝑉𝑉𝑉	𝑉𝑉𝑉𝑉𝑉𝑉	PROPN
cjfa-48232	210	20	�	�	PROPN
cjfa-48232	210	21	is	be	AUX
cjfa-48232	210	22	the	the	DET
cjfa-48232	210	23	value	value	NOUN
cjfa-48232	210	24	at	at	ADP
cjfa-48232	210	25	risk	risk	NOUN
cjfa-48232	210	26	of	of	ADP
cjfa-48232	210	27	asset	asset	NOUN
cjfa-48232	210	28	i	i	PRON
cjfa-48232	210	29	,	,	PUNCT
cjfa-48232	210	30	𝑉𝑉	𝑉𝑉	PROPN
cjfa-48232	210	31	�	�	PROPN
cjfa-48232	210	32	represents	represent	VERB
cjfa-48232	210	33	the	the	DET
cjfa-48232	210	34	market	market	NOUN
cjfa-48232	210	35	value	value	NOUN
cjfa-48232	210	36	of	of	ADP
cjfa-48232	210	37	asset	asset	NOUN
cjfa-48232	210	38	i	i	PRON
cjfa-48232	210	39	,	,	PUNCT
cjfa-48232	210	40	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	210	41	�	�	PROPN
cjfa-48232	210	42	is	be	AUX
cjfa-48232	210	43	the	the	DET
cjfa-48232	210	44	standard	standard	ADJ
cjfa-48232	210	45	deviation	deviation	NOUN
cjfa-48232	210	46	of	of	ADP
cjfa-48232	210	47	asset	asset	NOUN
cjfa-48232	210	48	i	i	PROPN
cjfa-48232	210	49	and	and	CCONJ
cjfa-48232	210	50	𝑀𝑀	𝑀𝑀	PROPN
cjfa-48232	210	51	�	�	PROPN
cjfa-48232	210	52	𝛼𝛼	𝛼𝛼	NOUN
cjfa-48232	210	53	�	�	PROPN
cjfa-48232	210	54	is	be	AUX
cjfa-48232	210	55	the	the	DET
cjfa-48232	210	56	fractile	fractile	NOUN
cjfa-48232	210	57	of	of	ADP
cjfa-48232	210	58	the	the	DET
cjfa-48232	210	59	standard	standard	ADJ
cjfa-48232	210	60	normal	normal	ADJ
cjfa-48232	210	61	distribution	distribution	NOUN
cjfa-48232	210	62	,	,	PUNCT
cjfa-48232	210	63	set	set	VERB
cjfa-48232	210	64	by	by	ADP
cjfa-48232	210	65	the	the	DET
cjfa-48232	210	66	confidence	confidence	NOUN
cjfa-48232	210	67	level	level	NOUN
cjfa-48232	210	68	�	�	PROPN
cjfa-48232	210	69	1	1	NUM
cjfa-48232	210	70	�	�	PROPN
cjfa-48232	210	71	𝛼𝛼	𝛼𝛼	ADP
cjfa-48232	210	72	�	�	PROPN
cjfa-48232	210	73	.	.	PUNCT
cjfa-48232	211	1	finally	finally	ADV
cjfa-48232	211	2	,	,	PUNCT
cjfa-48232	211	3	to	to	PART
cjfa-48232	211	4	evaluate	evaluate	VERB
cjfa-48232	211	5	the	the	DET
cjfa-48232	211	6	performance	performance	NOUN
cjfa-48232	211	7	of	of	ADP
cjfa-48232	211	8	a	a	DET
cjfa-48232	211	9	certain	certain	ADJ
cjfa-48232	211	10	asset	asset	NOUN
cjfa-48232	211	11	it	it	PRON
cjfa-48232	211	12	is	be	AUX
cjfa-48232	211	13	necessary	necessary	ADJ
cjfa-48232	211	14	to	to	PART
cjfa-48232	211	15	put	put	VERB
cjfa-48232	211	16	its	its	PRON
cjfa-48232	211	17	return	return	NOUN
cjfa-48232	211	18	in	in	ADP
cjfa-48232	211	19	relation	relation	NOUN
cjfa-48232	211	20	to	to	ADP
cjfa-48232	211	21	its	its	PRON
cjfa-48232	211	22	risk	risk	NOUN
cjfa-48232	211	23	.	.	PUNCT
cjfa-48232	212	1	to	to	PART
cjfa-48232	212	2	understand	understand	VERB
cjfa-48232	212	3	an	an	DET
cjfa-48232	212	4	investment	investment	NOUN
cjfa-48232	212	5	’s	’s	PART
cjfa-48232	212	6	return	return	NOUN
cjfa-48232	212	7	compared	compare	VERB
cjfa-48232	212	8	to	to	ADP
cjfa-48232	212	9	its	its	PRON
cjfa-48232	212	10	risk	risk	NOUN
cjfa-48232	212	11	the	the	DET
cjfa-48232	212	12	sharperatio	sharperatio	NOUN
cjfa-48232	212	13	is	be	AUX
cjfa-48232	212	14	well	well	ADV
cjfa-48232	212	15	-	-	PUNCT
cjfa-48232	212	16	suited	suit	VERB
cjfa-48232	212	17	(	(	PUNCT
cjfa-48232	212	18	sharpe	sharpe	NOUN
cjfa-48232	212	19	,	,	PUNCT
cjfa-48232	212	20	1966	1966	NUM
cjfa-48232	212	21	)	)	PUNCT
cjfa-48232	212	22	.	.	PUNCT
cjfa-48232	213	1	the	the	DET
cjfa-48232	213	2	sharpe	sharpe	NOUN
cjfa-48232	213	3	-	-	PUNCT
cjfa-48232	213	4	ratio	ratio	NOUN
cjfa-48232	213	5	can	can	AUX
cjfa-48232	213	6	be	be	AUX
cjfa-48232	213	7	calculated	calculate	VERB
cjfa-48232	213	8	as	as	SCONJ
cjfa-48232	213	9	follows	follow	VERB
cjfa-48232	213	10	:	:	PUNCT
cjfa-48232	213	11	𝑆𝑆𝑉𝑉	𝑆𝑆𝑉𝑉	PROPN
cjfa-48232	213	12	�	�	PROPN
cjfa-48232	213	13	�	�	PROPN
cjfa-48232	213	14	�	�	PROPN
cjfa-48232	213	15	�	�	PROPN
cjfa-48232	213	16	�	�	PROPN
cjfa-48232	213	17	�	�	PROPN
cjfa-48232	213	18	�	�	PROPN
cjfa-48232	213	19	�	�	PROPN
cjfa-48232	213	20	�	�	PROPN
cjfa-48232	213	21	(	(	PUNCT
cjfa-48232	213	22	8)	8)	NUM
cjfa-48232	213	23	with	with	ADP
cjfa-48232	213	24	𝑆𝑆𝑉𝑉	𝑆𝑆𝑉𝑉	PROPN
cjfa-48232	213	25	�	�	PROPN
cjfa-48232	213	26	being	be	AUX
cjfa-48232	213	27	the	the	DET
cjfa-48232	213	28	sharpe	sharpe	NOUN
cjfa-48232	213	29	-	-	PUNCT
cjfa-48232	213	30	ratio	ratio	NOUN
cjfa-48232	213	31	of	of	ADP
cjfa-48232	213	32	asset	asset	NOUN
cjfa-48232	213	33	i	i	PRON
cjfa-48232	213	34	,	,	PUNCT
cjfa-48232	213	35	𝜇𝜇	𝜇𝜇	ADP
cjfa-48232	213	36	�	�	PROPN
cjfa-48232	213	37	is	be	AUX
cjfa-48232	213	38	the	the	DET
cjfa-48232	213	39	mean	mean	ADJ
cjfa-48232	213	40	value	value	NOUN
cjfa-48232	213	41	of	of	ADP
cjfa-48232	213	42	returns	return	NOUN
cjfa-48232	213	43	for	for	ADP
cjfa-48232	213	44	asset	asset	NOUN
cjfa-48232	213	45	i	i	PRON
cjfa-48232	213	46	,	,	PUNCT
cjfa-48232	213	47	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	213	48	�	�	PROPN
cjfa-48232	213	49	is	be	AUX
cjfa-48232	213	50	the	the	DET
cjfa-48232	213	51	risk	risk	NOUN
cjfa-48232	213	52	-	-	PUNCT
cjfa-48232	213	53	free	free	ADJ
cjfa-48232	213	54	interest	interest	NOUN
cjfa-48232	213	55	rate	rate	NOUN
cjfa-48232	213	56	and	and	CCONJ
cjfa-48232	213	57	𝜎𝜎	𝜎𝜎	AUX
cjfa-48232	213	58	�	�	PROPN
cjfa-48232	213	59	is	be	AUX
cjfa-48232	213	60	the	the	DET
cjfa-48232	213	61	volatility	volatility	NOUN
cjfa-48232	213	62	(=	(=	NOUN
cjfa-48232	213	63	standard	standard	ADJ
cjfa-48232	213	64	deviation	deviation	NOUN
cjfa-48232	213	65	)	)	PUNCT
cjfa-48232	213	66	of	of	ADP
cjfa-48232	213	67	asset	asset	NOUN
cjfa-48232	213	68	i.	i.	NOUN
cjfa-48232	213	69	as	as	ADP
cjfa-48232	213	70	an	an	DET
cjfa-48232	213	71	approximation	approximation	NOUN
cjfa-48232	213	72	for	for	ADP
cjfa-48232	213	73	the	the	DET
cjfa-48232	213	74	risk	risk	NOUN
cjfa-48232	213	75	-	-	PUNCT
cjfa-48232	213	76	free	free	ADJ
cjfa-48232	213	77	interest	interest	NOUN
cjfa-48232	213	78	rate	rate	NOUN
cjfa-48232	213	79	usually	usually	ADV
cjfa-48232	213	80	the	the	DET
cjfa-48232	213	81	euribor	euribor	NOUN
cjfa-48232	213	82	is	be	AUX
cjfa-48232	213	83	used	use	VERB
cjfa-48232	213	84	.	.	PUNCT
cjfa-48232	214	1	as	as	SCONJ
cjfa-48232	214	2	the	the	DET
cjfa-48232	214	3	time	time	NOUN
cjfa-48232	214	4	frame	frame	NOUN
cjfa-48232	214	5	for	for	ADP
cjfa-48232	214	6	this	this	DET
cjfa-48232	214	7	study	study	NOUN
cjfa-48232	214	8	coincides	coincide	VERB
cjfa-48232	214	9	with	with	ADP
cjfa-48232	214	10	the	the	DET
cjfa-48232	214	11	low	low	ADJ
cjfa-48232	214	12	or	or	CCONJ
cjfa-48232	214	13	even	even	ADV
cjfa-48232	214	14	negative	negative	ADJ
cjfa-48232	214	15	risk	risk	NOUN
cjfa-48232	214	16	phase	phase	NOUN
cjfa-48232	214	17	(	(	PUNCT
cjfa-48232	214	18	with	with	ADP
cjfa-48232	214	19	the	the	DET
cjfa-48232	214	20	interest	interest	NOUN
cjfa-48232	214	21	(	(	PUNCT
cjfa-48232	214	22	7	7	NUM
cjfa-48232	214	23	)	)	PUNCT
cjfa-48232	214	24	where	where	SCONJ
cjfa-48232	214	25	:	:	PUNCT
cjfa-48232	214	26	vari	vari	PROPN
cjfa-48232	214	27	is	be	AUX
cjfa-48232	214	28	the	the	DET
cjfa-48232	214	29	value	value	NOUN
cjfa-48232	214	30	at	at	ADP
cjfa-48232	214	31	risk	risk	NOUN
cjfa-48232	214	32	of	of	ADP
cjfa-48232	214	33	asset	asset	NOUN
cjfa-48232	214	34	i	i	PRON
cjfa-48232	214	35	,	,	PUNCT
cjfa-48232	214	36	vi	vi	PROPN
cjfa-48232	214	37	represents	represent	VERB
cjfa-48232	214	38	the	the	DET
cjfa-48232	214	39	market	market	NOUN
cjfa-48232	214	40	value	value	NOUN
cjfa-48232	214	41	of	of	ADP
cjfa-48232	214	42	asset	asset	NOUN
cjfa-48232	214	43	i	i	PRON
cjfa-48232	214	44	,	,	PUNCT
cjfa-48232	214	45	σi	σi	PROPN
cjfa-48232	214	46	is	be	AUX
cjfa-48232	214	47	the	the	DET
cjfa-48232	214	48	standard	standard	ADJ
cjfa-48232	214	49	deviation	deviation	NOUN
cjfa-48232	214	50	of	of	ADP
cjfa-48232	214	51	asset	asset	NOUN
cjfa-48232	214	52	i	i	PRON
cjfa-48232	214	53	and	and	CCONJ
cjfa-48232	214	54	l(α	l(α	PROPN
cjfa-48232	214	55	)	)	PUNCT
cjfa-48232	214	56	 	 	SPACE
cjfa-48232	214	57	is	be	AUX
cjfa-48232	214	58	the	the	DET
cjfa-48232	214	59	fractile	fractile	NOUN
cjfa-48232	214	60	of	of	ADP
cjfa-48232	214	61	the	the	DET
cjfa-48232	214	62	standard	standard	ADJ
cjfa-48232	214	63	normal	normal	ADJ
cjfa-48232	214	64	distribution	distribution	NOUN
cjfa-48232	214	65	,	,	PUNCT
cjfa-48232	214	66	set	set	VERB
cjfa-48232	214	67	by	by	ADP
cjfa-48232	214	68	the	the	DET
cjfa-48232	214	69	confidence	confidence	NOUN
cjfa-48232	214	70	level	level	NOUN
cjfa-48232	214	71	(	(	PUNCT
cjfa-48232	214	72	1	1	NUM
cjfa-48232	214	73	–	–	PUNCT
cjfa-48232	214	74	α	α	NOUN
cjfa-48232	214	75	)	)	PUNCT
cjfa-48232	214	76	.	.	PUNCT
cjfa-48232	215	1	the	the	DET
cjfa-48232	215	2	role	role	NOUN
cjfa-48232	215	3	of	of	ADP
cjfa-48232	215	4	female	female	ADJ
cjfa-48232	215	5	leadership	leadership	NOUN
cjfa-48232	215	6	in	in	ADP
cjfa-48232	215	7	times	time	NOUN
cjfa-48232	215	8	of	of	ADP
cjfa-48232	215	9	financial	financial	ADJ
cjfa-48232	215	10	crisis	crisis	NOUN
cjfa-48232	215	11	…	…	PUNCT
cjfa-48232	215	12	8989	8989	NUM
cjfa-48232	215	13	finally	finally	ADV
cjfa-48232	215	14	,	,	PUNCT
cjfa-48232	215	15	to	to	PART
cjfa-48232	215	16	evaluate	evaluate	VERB
cjfa-48232	215	17	the	the	DET
cjfa-48232	215	18	performance	performance	NOUN
cjfa-48232	215	19	of	of	ADP
cjfa-48232	215	20	a	a	DET
cjfa-48232	215	21	certain	certain	ADJ
cjfa-48232	215	22	asset	asset	NOUN
cjfa-48232	215	23	it	it	PRON
cjfa-48232	215	24	is	be	AUX
cjfa-48232	215	25	necessary	necessary	ADJ
cjfa-48232	215	26	to	to	PART
cjfa-48232	215	27	put	put	VERB
cjfa-48232	215	28	its	its	PRON
cjfa-48232	215	29	return	return	NOUN
cjfa-48232	215	30	in	in	ADP
cjfa-48232	215	31	relation	relation	NOUN
cjfa-48232	215	32	to	to	ADP
cjfa-48232	215	33	its	its	PRON
cjfa-48232	215	34	risk	risk	NOUN
cjfa-48232	215	35	.	.	PUNCT
cjfa-48232	216	1	to	to	PART
cjfa-48232	216	2	understand	understand	VERB
cjfa-48232	216	3	an	an	DET
cjfa-48232	216	4	investment	investment	NOUN
cjfa-48232	216	5	’s	’s	PART
cjfa-48232	216	6	return	return	NOUN
cjfa-48232	216	7	compared	compare	VERB
cjfa-48232	216	8	to	to	ADP
cjfa-48232	216	9	its	its	PRON
cjfa-48232	216	10	risk	risk	NOUN
cjfa-48232	216	11	the	the	DET
cjfa-48232	216	12	sharpe	sharpe	NOUN
cjfa-48232	216	13	-	-	PUNCT
cjfa-48232	216	14	ratio	ratio	NOUN
cjfa-48232	216	15	is	be	AUX
cjfa-48232	216	16	well	well	ADV
cjfa-48232	216	17	-	-	PUNCT
cjfa-48232	216	18	suited	suit	VERB
cjfa-48232	216	19	(	(	PUNCT
cjfa-48232	216	20	sharpe	sharpe	NOUN
cjfa-48232	216	21	,	,	PUNCT
cjfa-48232	216	22	1966	1966	NUM
cjfa-48232	216	23	)	)	PUNCT
cjfa-48232	216	24	.	.	PUNCT
cjfa-48232	217	1	the	the	DET
cjfa-48232	217	2	sharperatio	sharperatio	NOUN
cjfa-48232	217	3	can	can	AUX
cjfa-48232	217	4	be	be	AUX
cjfa-48232	217	5	calculated	calculate	VERB
cjfa-48232	217	6	as	as	ADP
cjfa-48232	217	7	follows	follow	VERB
cjfa-48232	217	8	:	:	PUNCT
cjfa-48232	217	9	measured	measure	VERB
cjfa-48232	217	10	by	by	ADP
cjfa-48232	217	11	beta	beta	NOUN
cjfa-48232	217	12	,	,	PUNCT
cjfa-48232	217	13	which	which	PRON
cjfa-48232	217	14	gives	give	VERB
cjfa-48232	217	15	the	the	DET
cjfa-48232	217	16	correlation	correlation	NOUN
cjfa-48232	217	17	between	between	ADP
cjfa-48232	217	18	the	the	DET
cjfa-48232	217	19	return	return	NOUN
cjfa-48232	217	20	of	of	ADP
cjfa-48232	217	21	an	an	DET
cjfa-48232	217	22	individual	individual	ADJ
cjfa-48232	217	23	stock	stock	NOUN
cjfa-48232	217	24	and	and	CCONJ
cjfa-48232	217	25	the	the	DET
cjfa-48232	217	26	market	market	NOUN
cjfa-48232	217	27	return	return	NOUN
cjfa-48232	217	28	.	.	PUNCT
cjfa-48232	218	1	beta	beta	NOUN
cjfa-48232	218	2	can	can	AUX
cjfa-48232	218	3	be	be	AUX
cjfa-48232	218	4	measured	measure	VERB
cjfa-48232	218	5	as	as	ADP
cjfa-48232	218	6	:	:	PUNCT
cjfa-48232	218	7	𝛽𝛽	𝛽𝛽	PROPN
cjfa-48232	218	8	�	�	PROPN
cjfa-48232	218	9	�	�	PROPN
cjfa-48232	218	10	�	�	PROPN
cjfa-48232	218	11	�	�	PROPN
cjfa-48232	218	12	�	�	PROPN
cjfa-48232	218	13	�	�	PROPN
cjfa-48232	218	14	�	�	PROPN
cjfa-48232	218	15	�	�	PROPN
cjfa-48232	218	16	,	,	PUNCT
cjfa-48232	218	17	�	�	PROPN
cjfa-48232	218	18	�	�	PROPN
cjfa-48232	218	19	�	�	PROPN
cjfa-48232	218	20	�	�	PROPN
cjfa-48232	218	21	�	�	PROPN
cjfa-48232	218	22	�	�	PROPN
cjfa-48232	218	23	�	�	PROPN
cjfa-48232	218	24	�	�	PROPN
cjfa-48232	218	25	�	�	PROPN
cjfa-48232	218	26	�	�	PROPN
cjfa-48232	218	27	(	(	PUNCT
cjfa-48232	218	28	5	5	NUM
cjfa-48232	218	29	)	)	PUNCT
cjfa-48232	218	30	where	where	SCONJ
cjfa-48232	218	31	:	:	PUNCT
cjfa-48232	218	32	𝛽𝛽	𝛽𝛽	PRON
cjfa-48232	218	33	�	�	PROPN
cjfa-48232	218	34	is	be	AUX
cjfa-48232	218	35	the	the	DET
cjfa-48232	218	36	beta	beta	ADJ
cjfa-48232	218	37	factor	factor	NOUN
cjfa-48232	218	38	of	of	ADP
cjfa-48232	218	39	asset	asset	NOUN
cjfa-48232	218	40	i	i	PROPN
cjfa-48232	218	41	,	,	PUNCT
cjfa-48232	218	42	�	�	PROPN
cjfa-48232	218	43	�	�	PROPN
cjfa-48232	218	44	�	�	PROPN
cjfa-48232	218	45	�	�	PROPN
cjfa-48232	218	46	𝑟𝑟	𝑟𝑟	NOUN
cjfa-48232	218	47	�	�	PROPN
cjfa-48232	218	48	,	,	PUNCT
cjfa-48232	218	49	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	218	50	�	�	PROPN
cjfa-48232	218	51	�	�	PROPN
cjfa-48232	218	52	is	be	AUX
cjfa-48232	218	53	the	the	DET
cjfa-48232	218	54	covariance	covariance	NOUN
cjfa-48232	218	55	between	between	ADP
cjfa-48232	218	56	the	the	DET
cjfa-48232	218	57	daily	daily	ADJ
cjfa-48232	218	58	returns	return	NOUN
cjfa-48232	218	59	of	of	ADP
cjfa-48232	218	60	asset	asset	NOUN
cjfa-48232	218	61	i	i	PRON
cjfa-48232	218	62	and	and	CCONJ
cjfa-48232	218	63	the	the	DET
cjfa-48232	218	64	market	market	NOUN
cjfa-48232	218	65	m	m	NOUN
cjfa-48232	218	66	and	and	CCONJ
cjfa-48232	218	67	�	�	PROPN
cjfa-48232	218	68	𝑉𝑉𝑟𝑟	𝑉𝑉𝑟𝑟	PROPN
cjfa-48232	218	69	�	�	PROPN
cjfa-48232	218	70	𝑟𝑟	𝑟𝑟	NOUN
cjfa-48232	218	71	�	�	PROPN
cjfa-48232	218	72	�	�	PROPN
cjfa-48232	218	73	is	be	AUX
cjfa-48232	218	74	the	the	DET
cjfa-48232	218	75	variance	variance	NOUN
cjfa-48232	218	76	of	of	ADP
cjfa-48232	218	77	the	the	DET
cjfa-48232	218	78	daily	daily	ADJ
cjfa-48232	218	79	returns	return	NOUN
cjfa-48232	218	80	of	of	ADP
cjfa-48232	218	81	the	the	DET
cjfa-48232	218	82	market	market	NOUN
cjfa-48232	218	83	m.	m.	NOUN
cjfa-48232	218	84	for	for	ADP
cjfa-48232	218	85	calculating	calculate	VERB
cjfa-48232	218	86	the	the	DET
cjfa-48232	218	87	market	market	NOUN
cjfa-48232	218	88	return	return	NOUN
cjfa-48232	218	89	,	,	PUNCT
cjfa-48232	218	90	the	the	DET
cjfa-48232	218	91	market	market	NOUN
cjfa-48232	218	92	is	be	AUX
cjfa-48232	218	93	usually	usually	ADV
cjfa-48232	218	94	represented	represent	VERB
cjfa-48232	218	95	by	by	ADP
cjfa-48232	218	96	a	a	DET
cjfa-48232	218	97	stock	stock	NOUN
cjfa-48232	218	98	market	market	NOUN
cjfa-48232	218	99	index	index	NOUN
cjfa-48232	218	100	.	.	PUNCT
cjfa-48232	219	1	the	the	DET
cjfa-48232	219	2	proxy	proxy	NOUN
cjfa-48232	219	3	for	for	ADP
cjfa-48232	219	4	the	the	DET
cjfa-48232	219	5	market	market	NOUN
cjfa-48232	219	6	in	in	ADP
cjfa-48232	219	7	this	this	DET
cjfa-48232	219	8	study	study	NOUN
cjfa-48232	219	9	will	will	AUX
cjfa-48232	219	10	be	be	AUX
cjfa-48232	219	11	the	the	DET
cjfa-48232	219	12	cdax	cdax	NOUN
cjfa-48232	219	13	as	as	SCONJ
cjfa-48232	219	14	it	it	PRON
cjfa-48232	219	15	represents	represent	VERB
cjfa-48232	219	16	all	all	DET
cjfa-48232	219	17	stocks	stock	NOUN
cjfa-48232	219	18	listed	list	VERB
cjfa-48232	219	19	in	in	ADP
cjfa-48232	219	20	the	the	DET
cjfa-48232	219	21	general	general	ADJ
cjfa-48232	219	22	standard	standard	NOUN
cjfa-48232	219	23	and	and	CCONJ
cjfa-48232	219	24	the	the	DET
cjfa-48232	219	25	prime	prime	ADJ
cjfa-48232	219	26	standard	standard	NOUN
cjfa-48232	219	27	of	of	ADP
cjfa-48232	219	28	the	the	DET
cjfa-48232	219	29	frankfurt	frankfurt	PROPN
cjfa-48232	219	30	stock	stock	PROPN
cjfa-48232	219	31	exchange	exchange	PROPN
cjfa-48232	219	32	.	.	PUNCT
cjfa-48232	220	1	as	as	SCONJ
cjfa-48232	220	2	only	only	ADJ
cjfa-48232	220	3	german	german	ADJ
cjfa-48232	220	4	stocks	stock	NOUN
cjfa-48232	220	5	are	be	AUX
cjfa-48232	220	6	listed	list	VERB
cjfa-48232	220	7	in	in	ADP
cjfa-48232	220	8	the	the	DET
cjfa-48232	220	9	cdax	cdax	NOUN
cjfa-48232	220	10	it	it	PRON
cjfa-48232	220	11	gives	give	VERB
cjfa-48232	220	12	a	a	DET
cjfa-48232	220	13	good	good	ADJ
cjfa-48232	220	14	basis	basis	NOUN
cjfa-48232	220	15	for	for	ADP
cjfa-48232	220	16	comparison	comparison	NOUN
cjfa-48232	220	17	with	with	ADP
cjfa-48232	220	18	the	the	DET
cjfa-48232	220	19	dax	dax	PROPN
cjfa-48232	220	20	as	as	ADV
cjfa-48232	220	21	well	well	ADV
cjfa-48232	220	22	as	as	ADP
cjfa-48232	220	23	the	the	DET
cjfa-48232	220	24	fcx	fcx	NOUN
cjfa-48232	220	25	.	.	PUNCT
cjfa-48232	221	1	additionally	additionally	ADV
cjfa-48232	221	2	,	,	PUNCT
cjfa-48232	221	3	the	the	DET
cjfa-48232	221	4	maximum	maximum	ADJ
cjfa-48232	221	5	one	one	NUM
cjfa-48232	221	6	-	-	PUNCT
cjfa-48232	221	7	day	day	NOUN
cjfa-48232	221	8	-	-	PUNCT
cjfa-48232	221	9	loss	loss	NOUN
cjfa-48232	221	10	will	will	AUX
cjfa-48232	221	11	be	be	AUX
cjfa-48232	221	12	calculated	calculate	VERB
cjfa-48232	221	13	for	for	SCONJ
cjfa-48232	221	14	both	both	DET
cjfa-48232	221	15	indices	index	NOUN
cjfa-48232	221	16	to	to	PART
cjfa-48232	221	17	evaluate	evaluate	VERB
cjfa-48232	221	18	the	the	DET
cjfa-48232	221	19	risk	risk	NOUN
cjfa-48232	221	20	by	by	ADP
cjfa-48232	221	21	using	use	VERB
cjfa-48232	221	22	:	:	PUNCT
cjfa-48232	221	23	𝑀𝑀𝑀𝑀	𝑀𝑀𝑀𝑀	PROPN
cjfa-48232	221	24	�	�	PROPN
cjfa-48232	221	25	�	�	PROPN
cjfa-48232	221	26	min	min	PROPN
cjfa-48232	221	27	�	�	PROPN
cjfa-48232	221	28	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	221	29	�	�	PROPN
cjfa-48232	221	30	,	,	PUNCT
cjfa-48232	221	31	�	�	PROPN
cjfa-48232	221	32	�	�	PROPN
cjfa-48232	221	33	(	(	PUNCT
cjfa-48232	221	34	6	6	NUM
cjfa-48232	221	35	)	)	PUNCT
cjfa-48232	221	36	where	where	SCONJ
cjfa-48232	221	37	:	:	PUNCT
cjfa-48232	221	38	𝑀𝑀𝑀𝑀	𝑀𝑀𝑀𝑀	PROPN
cjfa-48232	221	39	�	�	PROPN
cjfa-48232	221	40	is	be	AUX
cjfa-48232	221	41	the	the	DET
cjfa-48232	221	42	maximum	maximum	ADJ
cjfa-48232	221	43	loss	loss	NOUN
cjfa-48232	221	44	of	of	ADP
cjfa-48232	221	45	asset	asset	NOUN
cjfa-48232	221	46	i	i	PRON
cjfa-48232	221	47	and	and	CCONJ
cjfa-48232	221	48	𝑟𝑟	𝑟𝑟	ADP
cjfa-48232	221	49	�	�	PROPN
cjfa-48232	221	50	is	be	AUX
cjfa-48232	221	51	the	the	DET
cjfa-48232	221	52	daily	daily	ADJ
cjfa-48232	221	53	return	return	NOUN
cjfa-48232	221	54	of	of	ADP
cjfa-48232	221	55	asset	asset	NOUN
cjfa-48232	221	56	i	i	PRON
cjfa-48232	221	57	on	on	ADP
cjfa-48232	221	58	day	day	NOUN
cjfa-48232	221	59	t.	t.	PROPN
cjfa-48232	221	60	therefore	therefore	ADV
cjfa-48232	221	61	,	,	PUNCT
cjfa-48232	221	62	the	the	DET
cjfa-48232	221	63	biggest	big	ADJ
cjfa-48232	221	64	loss	loss	NOUN
cjfa-48232	221	65	on	on	ADP
cjfa-48232	221	66	a	a	DET
cjfa-48232	221	67	single	single	ADJ
cjfa-48232	221	68	trading	trading	NOUN
cjfa-48232	221	69	day	day	NOUN
cjfa-48232	221	70	will	will	AUX
cjfa-48232	221	71	be	be	AUX
cjfa-48232	221	72	given	give	VERB
cjfa-48232	221	73	.	.	PUNCT
cjfa-48232	222	1	to	to	PART
cjfa-48232	222	2	conclude	conclude	VERB
cjfa-48232	222	3	the	the	DET
cjfa-48232	222	4	risk	risk	NOUN
cjfa-48232	222	5	assessment	assessment	NOUN
cjfa-48232	222	6	,	,	PUNCT
cjfa-48232	222	7	value	value	NOUN
cjfa-48232	222	8	at	at	ADP
cjfa-48232	222	9	risk	risk	NOUN
cjfa-48232	222	10	measures	measure	NOUN
cjfa-48232	222	11	the	the	DET
cjfa-48232	222	12	maximum	maximum	ADJ
cjfa-48232	222	13	amount	amount	NOUN
cjfa-48232	222	14	of	of	ADP
cjfa-48232	222	15	loss	loss	NOUN
cjfa-48232	222	16	(	(	PUNCT
cjfa-48232	222	17	in	in	ADP
cjfa-48232	222	18	monetary	monetary	ADJ
cjfa-48232	222	19	units	unit	NOUN
cjfa-48232	222	20	)	)	PUNCT
cjfa-48232	222	21	not	not	PART
cjfa-48232	222	22	be	be	AUX
cjfa-48232	222	23	exceeded	exceed	VERB
cjfa-48232	222	24	at	at	ADP
cjfa-48232	222	25	a	a	DET
cjfa-48232	222	26	defined	define	VERB
cjfa-48232	222	27	confidence	confidence	NOUN
cjfa-48232	222	28	level	level	NOUN
cjfa-48232	222	29	within	within	ADP
cjfa-48232	222	30	a	a	DET
cjfa-48232	222	31	certain	certain	ADJ
cjfa-48232	222	32	time	time	NOUN
cjfa-48232	222	33	period	period	NOUN
cjfa-48232	222	34	.	.	PUNCT
cjfa-48232	223	1	in	in	ADP
cjfa-48232	223	2	this	this	DET
cjfa-48232	223	3	study	study	NOUN
cjfa-48232	223	4	the	the	DET
cjfa-48232	223	5	value	value	NOUN
cjfa-48232	223	6	at	at	ADP
cjfa-48232	223	7	risk	risk	NOUN
cjfa-48232	223	8	will	will	AUX
cjfa-48232	223	9	be	be	AUX
cjfa-48232	223	10	calculated	calculate	VERB
cjfa-48232	223	11	using	use	VERB
cjfa-48232	223	12	the	the	DET
cjfa-48232	223	13	parametric	parametric	ADJ
cjfa-48232	223	14	approach	approach	NOUN
cjfa-48232	223	15	(	(	PUNCT
cjfa-48232	223	16	variance	variance	NOUN
cjfa-48232	223	17	-	-	PUNCT
cjfa-48232	223	18	covariance	covariance	NOUN
cjfa-48232	223	19	-	-	PUNCT
cjfa-48232	223	20	method	method	NOUN
cjfa-48232	223	21	)	)	PUNCT
cjfa-48232	223	22	without	without	ADP
cjfa-48232	223	23	considering	consider	VERB
cjfa-48232	223	24	the	the	DET
cjfa-48232	223	25	expected	expect	VERB
cjfa-48232	223	26	return	return	NOUN
cjfa-48232	223	27	,	,	PUNCT
cjfa-48232	223	28	which	which	PRON
cjfa-48232	223	29	is	be	AUX
cjfa-48232	223	30	a	a	DET
cjfa-48232	223	31	conservative	conservative	ADJ
cjfa-48232	223	32	approximation	approximation	NOUN
cjfa-48232	223	33	for	for	ADP
cjfa-48232	223	34	the	the	DET
cjfa-48232	223	35	risk	risk	NOUN
cjfa-48232	223	36	of	of	ADP
cjfa-48232	223	37	an	an	DET
cjfa-48232	223	38	asset	asset	NOUN
cjfa-48232	223	39	.	.	PUNCT
cjfa-48232	224	1	𝑉𝑉𝑉𝑉𝑉𝑉	𝑉𝑉𝑉𝑉𝑉𝑉	PROPN
cjfa-48232	224	2	�	�	PROPN
cjfa-48232	224	3	�	�	PROPN
cjfa-48232	224	4	𝑉𝑉	𝑉𝑉	PROPN
cjfa-48232	224	5	�	�	PROPN
cjfa-48232	224	6	∙	∙	PROPN
cjfa-48232	224	7	𝑀𝑀	𝑀𝑀	PROPN
cjfa-48232	224	8	�	�	PROPN
cjfa-48232	224	9	𝛼𝛼	𝛼𝛼	NOUN
cjfa-48232	224	10	�	�	PROPN
cjfa-48232	224	11	∙	∙	PROPN
cjfa-48232	224	12	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	224	13	�	�	PROPN
cjfa-48232	224	14	(	(	PUNCT
cjfa-48232	224	15	7	7	NUM
cjfa-48232	224	16	)	)	PUNCT
cjfa-48232	224	17	where	where	SCONJ
cjfa-48232	224	18	:	:	PUNCT
cjfa-48232	224	19	𝑉𝑉𝑉𝑉𝑉𝑉	𝑉𝑉𝑉𝑉𝑉𝑉	PROPN
cjfa-48232	224	20	�	�	PROPN
cjfa-48232	224	21	is	be	AUX
cjfa-48232	224	22	the	the	DET
cjfa-48232	224	23	value	value	NOUN
cjfa-48232	224	24	at	at	ADP
cjfa-48232	224	25	risk	risk	NOUN
cjfa-48232	224	26	of	of	ADP
cjfa-48232	224	27	asset	asset	NOUN
cjfa-48232	224	28	i	i	PRON
cjfa-48232	224	29	,	,	PUNCT
cjfa-48232	224	30	𝑉𝑉	𝑉𝑉	PROPN
cjfa-48232	224	31	�	�	PROPN
cjfa-48232	224	32	represents	represent	VERB
cjfa-48232	224	33	the	the	DET
cjfa-48232	224	34	market	market	NOUN
cjfa-48232	224	35	value	value	NOUN
cjfa-48232	224	36	of	of	ADP
cjfa-48232	224	37	asset	asset	NOUN
cjfa-48232	224	38	i	i	PRON
cjfa-48232	224	39	,	,	PUNCT
cjfa-48232	224	40	𝜎𝜎	𝜎𝜎	PROPN
cjfa-48232	224	41	�	�	PROPN
cjfa-48232	224	42	is	be	AUX
cjfa-48232	224	43	the	the	DET
cjfa-48232	224	44	standard	standard	ADJ
cjfa-48232	224	45	deviation	deviation	NOUN
cjfa-48232	224	46	of	of	ADP
cjfa-48232	224	47	asset	asset	NOUN
cjfa-48232	224	48	i	i	PROPN
cjfa-48232	224	49	and	and	CCONJ
cjfa-48232	224	50	𝑀𝑀	𝑀𝑀	PROPN
cjfa-48232	224	51	�	�	PROPN
cjfa-48232	224	52	𝛼𝛼	𝛼𝛼	NOUN
cjfa-48232	224	53	�	�	PROPN
cjfa-48232	224	54	is	be	AUX
cjfa-48232	224	55	the	the	DET
cjfa-48232	224	56	fractile	fractile	NOUN
cjfa-48232	224	57	of	of	ADP
cjfa-48232	224	58	the	the	DET
cjfa-48232	224	59	standard	standard	ADJ
cjfa-48232	224	60	normal	normal	ADJ
cjfa-48232	224	61	distribution	distribution	NOUN
cjfa-48232	224	62	,	,	PUNCT
cjfa-48232	224	63	set	set	VERB
cjfa-48232	224	64	by	by	ADP
cjfa-48232	224	65	the	the	DET
cjfa-48232	224	66	confidence	confidence	NOUN
cjfa-48232	224	67	level	level	NOUN
cjfa-48232	224	68	�	�	PROPN
cjfa-48232	224	69	1	1	NUM
cjfa-48232	224	70	�	�	PROPN
cjfa-48232	224	71	𝛼𝛼	𝛼𝛼	ADP
cjfa-48232	224	72	�	�	PROPN
cjfa-48232	224	73	.	.	PUNCT
cjfa-48232	225	1	finally	finally	ADV
cjfa-48232	225	2	,	,	PUNCT
cjfa-48232	225	3	to	to	PART
cjfa-48232	225	4	evaluate	evaluate	VERB
cjfa-48232	225	5	the	the	DET
cjfa-48232	225	6	performance	performance	NOUN
cjfa-48232	225	7	of	of	ADP
cjfa-48232	225	8	a	a	DET
cjfa-48232	225	9	certain	certain	ADJ
cjfa-48232	225	10	asset	asset	NOUN
cjfa-48232	225	11	it	it	PRON
cjfa-48232	225	12	is	be	AUX
cjfa-48232	225	13	necessary	necessary	ADJ
cjfa-48232	225	14	to	to	PART
cjfa-48232	225	15	put	put	VERB
cjfa-48232	225	16	its	its	PRON
cjfa-48232	225	17	return	return	NOUN
cjfa-48232	225	18	in	in	ADP
cjfa-48232	225	19	relation	relation	NOUN
cjfa-48232	225	20	to	to	ADP
cjfa-48232	225	21	its	its	PRON
cjfa-48232	225	22	risk	risk	NOUN
cjfa-48232	225	23	.	.	PUNCT
cjfa-48232	226	1	to	to	PART
cjfa-48232	226	2	understand	understand	VERB
cjfa-48232	226	3	an	an	DET
cjfa-48232	226	4	investment	investment	NOUN
cjfa-48232	226	5	’s	’s	PART
cjfa-48232	226	6	return	return	NOUN
cjfa-48232	226	7	compared	compare	VERB
cjfa-48232	226	8	to	to	ADP
cjfa-48232	226	9	its	its	PRON
cjfa-48232	226	10	risk	risk	NOUN
cjfa-48232	226	11	the	the	DET
cjfa-48232	226	12	sharperatio	sharperatio	NOUN
cjfa-48232	226	13	is	be	AUX
cjfa-48232	226	14	well	well	ADV
cjfa-48232	226	15	-	-	PUNCT
cjfa-48232	226	16	suited	suit	VERB
cjfa-48232	226	17	(	(	PUNCT
cjfa-48232	226	18	sharpe	sharpe	NOUN
cjfa-48232	226	19	,	,	PUNCT
cjfa-48232	226	20	1966	1966	NUM
cjfa-48232	226	21	)	)	PUNCT
cjfa-48232	226	22	.	.	PUNCT
cjfa-48232	227	1	the	the	DET
cjfa-48232	227	2	sharpe	sharpe	NOUN
cjfa-48232	227	3	-	-	PUNCT
cjfa-48232	227	4	ratio	ratio	NOUN
cjfa-48232	227	5	can	can	AUX
cjfa-48232	227	6	be	be	AUX
cjfa-48232	227	7	calculated	calculate	VERB
cjfa-48232	227	8	as	as	SCONJ
cjfa-48232	227	9	follows	follow	VERB
cjfa-48232	227	10	:	:	PUNCT
cjfa-48232	227	11	𝑆𝑆𝑉𝑉	𝑆𝑆𝑉𝑉	PROPN
cjfa-48232	227	12	�	�	PROPN
cjfa-48232	227	13	�	�	PROPN
cjfa-48232	227	14	�	�	PROPN
cjfa-48232	227	15	�	�	PROPN
cjfa-48232	227	16	�	�	PROPN
cjfa-48232	227	17	�	�	PROPN
cjfa-48232	227	18	�	�	PROPN
cjfa-48232	227	19	�	�	PROPN
cjfa-48232	227	20	�	�	PROPN
cjfa-48232	227	21	(	(	PUNCT
cjfa-48232	227	22	8)	8)	NUM
cjfa-48232	227	23	with	with	ADP
cjfa-48232	227	24	𝑆𝑆𝑉𝑉	𝑆𝑆𝑉𝑉	PROPN
cjfa-48232	227	25	�	�	PROPN
cjfa-48232	227	26	being	be	AUX
cjfa-48232	227	27	the	the	DET
cjfa-48232	227	28	sharpe	sharpe	NOUN
cjfa-48232	227	29	-	-	PUNCT
cjfa-48232	227	30	ratio	ratio	NOUN
cjfa-48232	227	31	of	of	ADP
cjfa-48232	227	32	asset	asset	NOUN
cjfa-48232	227	33	i	i	PRON
cjfa-48232	227	34	,	,	PUNCT
cjfa-48232	227	35	𝜇𝜇	𝜇𝜇	ADP
cjfa-48232	227	36	�	�	PROPN
cjfa-48232	227	37	is	be	AUX
cjfa-48232	227	38	the	the	DET
cjfa-48232	227	39	mean	mean	ADJ
cjfa-48232	227	40	value	value	NOUN
cjfa-48232	227	41	of	of	ADP
cjfa-48232	227	42	returns	return	NOUN
cjfa-48232	227	43	for	for	ADP
cjfa-48232	227	44	asset	asset	NOUN
cjfa-48232	227	45	i	i	PRON
cjfa-48232	227	46	,	,	PUNCT
cjfa-48232	227	47	𝑟𝑟	𝑟𝑟	PROPN
cjfa-48232	227	48	�	�	PROPN
cjfa-48232	227	49	is	be	AUX
cjfa-48232	227	50	the	the	DET
cjfa-48232	227	51	risk	risk	NOUN
cjfa-48232	227	52	-	-	PUNCT
cjfa-48232	227	53	free	free	ADJ
cjfa-48232	227	54	interest	interest	NOUN
cjfa-48232	227	55	rate	rate	NOUN
cjfa-48232	227	56	and	and	CCONJ
cjfa-48232	227	57	𝜎𝜎	𝜎𝜎	AUX
cjfa-48232	227	58	�	�	PROPN
cjfa-48232	227	59	is	be	AUX
cjfa-48232	227	60	the	the	DET
cjfa-48232	227	61	volatility	volatility	NOUN
cjfa-48232	227	62	(=	(=	NOUN
cjfa-48232	227	63	standard	standard	ADJ
cjfa-48232	227	64	deviation	deviation	NOUN
cjfa-48232	227	65	)	)	PUNCT
cjfa-48232	227	66	of	of	ADP
cjfa-48232	227	67	asset	asset	NOUN
cjfa-48232	227	68	i.	i.	NOUN
cjfa-48232	227	69	as	as	ADP
cjfa-48232	227	70	an	an	DET
cjfa-48232	227	71	approximation	approximation	NOUN
cjfa-48232	227	72	for	for	ADP
cjfa-48232	227	73	the	the	DET
cjfa-48232	227	74	risk	risk	NOUN
cjfa-48232	227	75	-	-	PUNCT
cjfa-48232	227	76	free	free	ADJ
cjfa-48232	227	77	interest	interest	NOUN
cjfa-48232	227	78	rate	rate	NOUN
cjfa-48232	227	79	usually	usually	ADV
cjfa-48232	227	80	the	the	DET
cjfa-48232	227	81	euribor	euribor	NOUN
cjfa-48232	227	82	is	be	AUX
cjfa-48232	227	83	used	use	VERB
cjfa-48232	227	84	.	.	PUNCT
cjfa-48232	228	1	as	as	SCONJ
cjfa-48232	228	2	the	the	DET
cjfa-48232	228	3	time	time	NOUN
cjfa-48232	228	4	frame	frame	NOUN
cjfa-48232	228	5	for	for	ADP
cjfa-48232	228	6	this	this	DET
cjfa-48232	228	7	study	study	NOUN
cjfa-48232	228	8	coincides	coincide	VERB
cjfa-48232	228	9	with	with	ADP
cjfa-48232	228	10	the	the	DET
cjfa-48232	228	11	low	low	ADJ
cjfa-48232	228	12	or	or	CCONJ
cjfa-48232	228	13	even	even	ADV
cjfa-48232	228	14	negative	negative	ADJ
cjfa-48232	228	15	risk	risk	NOUN
cjfa-48232	228	16	phase	phase	NOUN
cjfa-48232	228	17	(	(	PUNCT
cjfa-48232	228	18	with	with	ADP
cjfa-48232	228	19	the	the	DET
cjfa-48232	228	20	interest	interest	NOUN
cjfa-48232	228	21	(	(	PUNCT
cjfa-48232	228	22	8)	8)	NUM
cjfa-48232	228	23	with	with	ADP
cjfa-48232	228	24	sri	sri	PROPN
cjfa-48232	228	25	being	be	AUX
cjfa-48232	228	26	the	the	DET
cjfa-48232	228	27	sharpe	sharpe	NOUN
cjfa-48232	228	28	-	-	PUNCT
cjfa-48232	228	29	ratio	ratio	NOUN
cjfa-48232	228	30	of	of	ADP
cjfa-48232	228	31	asset	asset	NOUN
cjfa-48232	228	32	i	i	PRON
cjfa-48232	228	33	,	,	PUNCT
cjfa-48232	228	34	μi	μi	PROPN
cjfa-48232	228	35	is	be	AUX
cjfa-48232	228	36	the	the	DET
cjfa-48232	228	37	mean	mean	ADJ
cjfa-48232	228	38	value	value	NOUN
cjfa-48232	228	39	of	of	ADP
cjfa-48232	228	40	returns	return	NOUN
cjfa-48232	228	41	for	for	ADP
cjfa-48232	228	42	asset	asset	NOUN
cjfa-48232	228	43	i	i	PRON
cjfa-48232	228	44	,	,	PUNCT
cjfa-48232	228	45	rf	rf	ADJ
cjfa-48232	228	46	is	be	AUX
cjfa-48232	228	47	the	the	DET
cjfa-48232	228	48	risk	risk	NOUN
cjfa-48232	228	49	-	-	PUNCT
cjfa-48232	228	50	free	free	ADJ
cjfa-48232	228	51	interest	interest	NOUN
cjfa-48232	228	52	rate	rate	NOUN
cjfa-48232	228	53	and	and	CCONJ
cjfa-48232	228	54	σi	σi	PRON
cjfa-48232	228	55	is	be	AUX
cjfa-48232	228	56	the	the	DET
cjfa-48232	228	57	volatility	volatility	NOUN
cjfa-48232	228	58	(=	(=	NOUN
cjfa-48232	228	59	standard	standard	ADJ
cjfa-48232	228	60	deviation	deviation	NOUN
cjfa-48232	228	61	)	)	PUNCT
cjfa-48232	228	62	of	of	ADP
cjfa-48232	228	63	asset	asset	NOUN
cjfa-48232	228	64	i.	i.	NOUN
cjfa-48232	228	65	as	as	ADP
cjfa-48232	228	66	an	an	DET
cjfa-48232	228	67	approximation	approximation	NOUN
cjfa-48232	228	68	for	for	ADP
cjfa-48232	228	69	the	the	DET
cjfa-48232	228	70	risk	risk	NOUN
cjfa-48232	228	71	-	-	PUNCT
cjfa-48232	228	72	free	free	ADJ
cjfa-48232	228	73	interest	interest	NOUN
cjfa-48232	228	74	rate	rate	NOUN
cjfa-48232	228	75	usually	usually	ADV
cjfa-48232	228	76	the	the	DET
cjfa-48232	228	77	euribor	euribor	NOUN
cjfa-48232	228	78	is	be	AUX
cjfa-48232	228	79	used	use	VERB
cjfa-48232	228	80	.	.	PUNCT
cjfa-48232	229	1	as	as	SCONJ
cjfa-48232	229	2	the	the	DET
cjfa-48232	229	3	time	time	NOUN
cjfa-48232	229	4	frame	frame	NOUN
cjfa-48232	229	5	for	for	ADP
cjfa-48232	229	6	this	this	DET
cjfa-48232	229	7	study	study	NOUN
cjfa-48232	229	8	coincides	coincide	VERB
cjfa-48232	229	9	with	with	ADP
cjfa-48232	229	10	the	the	DET
cjfa-48232	229	11	low	low	ADJ
cjfa-48232	229	12	or	or	CCONJ
cjfa-48232	229	13	even	even	ADV
cjfa-48232	229	14	negative	negative	ADJ
cjfa-48232	229	15	risk	risk	NOUN
cjfa-48232	229	16	phase	phase	NOUN
cjfa-48232	229	17	(	(	PUNCT
cjfa-48232	229	18	with	with	ADP
cjfa-48232	229	19	the	the	DET
cjfa-48232	229	20	interest	interest	NOUN
cjfa-48232	229	21	level	level	NOUN
cjfa-48232	229	22	starting	start	VERB
cjfa-48232	229	23	to	to	PART
cjfa-48232	229	24	turn	turn	VERB
cjfa-48232	229	25	in	in	ADP
cjfa-48232	229	26	the	the	DET
cjfa-48232	229	27	second	second	ADJ
cjfa-48232	229	28	half	half	NOUN
cjfa-48232	229	29	of	of	ADP
cjfa-48232	229	30	the	the	DET
cjfa-48232	229	31	year	year	NOUN
cjfa-48232	229	32	2022	2022	NUM
cjfa-48232	229	33	)	)	PUNCT
cjfa-48232	229	34	the	the	DET
cjfa-48232	229	35	risk	risk	NOUN
cjfa-48232	229	36	-	-	PUNCT
cjfa-48232	229	37	free	free	ADJ
cjfa-48232	229	38	interest	interest	NOUN
cjfa-48232	229	39	rate	rate	NOUN
cjfa-48232	229	40	in	in	ADP
cjfa-48232	229	41	this	this	DET
cjfa-48232	229	42	analysis	analysis	NOUN
cjfa-48232	229	43	will	will	AUX
cjfa-48232	229	44	be	be	AUX
cjfa-48232	229	45	approximated	approximate	VERB
cjfa-48232	229	46	by	by	ADP
cjfa-48232	229	47	zero	zero	NUM
cjfa-48232	229	48	.	.	PUNCT
cjfa-48232	230	1	assumptionsassumptions	assumptionsassumption	NOUN
cjfa-48232	230	2	in	in	ADP
cjfa-48232	230	3	this	this	DET
cjfa-48232	230	4	study	study	NOUN
cjfa-48232	230	5	normal	normal	ADJ
cjfa-48232	230	6	distribution	distribution	NOUN
cjfa-48232	230	7	was	be	AUX
cjfa-48232	230	8	assumed	assume	VERB
cjfa-48232	230	9	for	for	ADP
cjfa-48232	230	10	the	the	DET
cjfa-48232	230	11	firms	firm	NOUN
cjfa-48232	230	12	’	’	PART
cjfa-48232	230	13	returns	return	NOUN
cjfa-48232	230	14	as	as	ADV
cjfa-48232	230	15	well	well	ADV
cjfa-48232	230	16	as	as	ADP
cjfa-48232	230	17	for	for	ADP
cjfa-48232	230	18	the	the	DET
cjfa-48232	230	19	dax	dax	PROPN
cjfa-48232	230	20	returns	return	NOUN
cjfa-48232	230	21	.	.	PUNCT
cjfa-48232	231	1	this	this	DET
cjfa-48232	231	2	assumption	assumption	NOUN
cjfa-48232	231	3	is	be	AUX
cjfa-48232	231	4	based	base	VERB
cjfa-48232	231	5	on	on	ADP
cjfa-48232	231	6	comparisons	comparison	NOUN
cjfa-48232	231	7	of	of	ADP
cjfa-48232	231	8	histograms	histogram	NOUN
cjfa-48232	231	9	of	of	ADP
cjfa-48232	231	10	daily	daily	ADJ
cjfa-48232	231	11	returns	return	NOUN
cjfa-48232	231	12	,	,	PUNCT
cjfa-48232	231	13	which	which	PRON
cjfa-48232	231	14	showed	show	VERB
cjfa-48232	231	15	a	a	DET
cjfa-48232	231	16	picture	picture	NOUN
cjfa-48232	231	17	being	be	AUX
cjfa-48232	231	18	close	close	ADJ
cjfa-48232	231	19	to	to	ADP
cjfa-48232	231	20	a	a	DET
cjfa-48232	231	21	normal	normal	ADJ
cjfa-48232	231	22	distribution	distribution	NOUN
cjfa-48232	231	23	.	.	PUNCT
cjfa-48232	232	1	the	the	DET
cjfa-48232	232	2	proxy	proxy	NOUN
cjfa-48232	232	3	for	for	ADP
cjfa-48232	232	4	the	the	DET
cjfa-48232	232	5	market	market	NOUN
cjfa-48232	232	6	used	use	VERB
cjfa-48232	232	7	in	in	ADP
cjfa-48232	232	8	this	this	DET
cjfa-48232	232	9	study	study	NOUN
cjfa-48232	232	10	was	be	AUX
cjfa-48232	232	11	the	the	DET
cjfa-48232	232	12	cdax	cdax	PROPN
cjfa-48232	232	13	.	.	PUNCT
cjfa-48232	233	1	this	this	PRON
cjfa-48232	233	2	is	be	AUX
cjfa-48232	233	3	because	because	SCONJ
cjfa-48232	233	4	the	the	DET
cjfa-48232	233	5	cdax	cdax	NOUN
cjfa-48232	233	6	represents	represent	VERB
cjfa-48232	233	7	all	all	DET
cjfa-48232	233	8	german	german	ADJ
cjfa-48232	233	9	shares	share	NOUN
cjfa-48232	233	10	across	across	ADP
cjfa-48232	233	11	prime	prime	ADJ
cjfa-48232	233	12	standard	standard	ADJ
cjfa-48232	233	13	and	and	CCONJ
cjfa-48232	233	14	general	general	ADJ
cjfa-48232	233	15	standard	standard	NOUN
cjfa-48232	233	16	.	.	PUNCT
cjfa-48232	234	1	as	as	SCONJ
cjfa-48232	234	2	these	these	PRON
cjfa-48232	234	3	are	be	AUX
cjfa-48232	234	4	the	the	DET
cjfa-48232	234	5	most	most	ADV
cjfa-48232	234	6	important	important	ADJ
cjfa-48232	234	7	market	market	NOUN
cjfa-48232	234	8	segments	segment	NOUN
cjfa-48232	234	9	of	of	ADP
cjfa-48232	234	10	the	the	DET
cjfa-48232	234	11	frankfurt	frankfurt	PROPN
cjfa-48232	234	12	stock	stock	PROPN
cjfa-48232	234	13	exchange	exchange	NOUN
cjfa-48232	234	14	it	it	PRON
cjfa-48232	234	15	should	should	AUX
cjfa-48232	234	16	be	be	AUX
cjfa-48232	234	17	an	an	DET
cjfa-48232	234	18	appropriate	appropriate	ADJ
cjfa-48232	234	19	approximation	approximation	NOUN
cjfa-48232	234	20	for	for	ADP
cjfa-48232	234	21	the	the	DET
cjfa-48232	234	22	german	german	ADJ
cjfa-48232	234	23	stocks	stock	NOUN
cjfa-48232	234	24	traded	trade	VERB
cjfa-48232	234	25	.	.	PUNCT
cjfa-48232	235	1	for	for	ADP
cjfa-48232	235	2	the	the	DET
cjfa-48232	235	3	risk	risk	NOUN
cjfa-48232	235	4	-	-	PUNCT
cjfa-48232	235	5	free	free	ADJ
cjfa-48232	235	6	interest	interest	NOUN
cjfa-48232	235	7	rate	rate	NOUN
cjfa-48232	235	8	,	,	PUNCT
cjfa-48232	235	9	it	it	PRON
cjfa-48232	235	10	was	be	AUX
cjfa-48232	235	11	assumed	assume	VERB
cjfa-48232	235	12	that	that	SCONJ
cjfa-48232	235	13	this	this	PRON
cjfa-48232	235	14	was	be	AUX
cjfa-48232	235	15	0.00	0.00	NUM
cjfa-48232	235	16	%	%	NOUN
cjfa-48232	235	17	.	.	PUNCT
cjfa-48232	236	1	due	due	ADP
cjfa-48232	236	2	to	to	ADP
cjfa-48232	236	3	the	the	DET
cjfa-48232	236	4	low	low	ADJ
cjfa-48232	236	5	-	-	PUNCT
cjfa-48232	236	6	risk	risk	NOUN
cjfa-48232	236	7	phase	phase	NOUN
cjfa-48232	236	8	–	–	PUNCT
cjfa-48232	236	9	and	and	CCONJ
cjfa-48232	236	10	partially	partially	ADV
cjfa-48232	236	11	having	have	VERB
cjfa-48232	236	12	negative	negative	ADJ
cjfa-48232	236	13	interest	interest	NOUN
cjfa-48232	236	14	rates	rate	NOUN
cjfa-48232	236	15	in	in	ADP
cjfa-48232	236	16	the	the	DET
cjfa-48232	236	17	examined	examine	VERB
cjfa-48232	236	18	time	time	NOUN
cjfa-48232	236	19	frame	frame	NOUN
cjfa-48232	236	20	–	–	PUNCT
cjfa-48232	236	21	this	this	DET
cjfa-48232	236	22	assumption	assumption	NOUN
cjfa-48232	236	23	seems	seem	VERB
cjfa-48232	236	24	reasonable	reasonable	ADJ
cjfa-48232	236	25	.	.	PUNCT
cjfa-48232	237	1	nevertheless	nevertheless	ADV
cjfa-48232	237	2	,	,	PUNCT
cjfa-48232	237	3	as	as	SCONJ
cjfa-48232	237	4	all	all	DET
cjfa-48232	237	5	financial	financial	ADJ
cjfa-48232	237	6	figures	figure	NOUN
cjfa-48232	237	7	are	be	AUX
cjfa-48232	237	8	compared	compare	VERB
cjfa-48232	237	9	for	for	ADP
cjfa-48232	237	10	two	two	NUM
cjfa-48232	237	11	indices	index	NOUN
cjfa-48232	237	12	for	for	ADP
cjfa-48232	237	13	the	the	DET
cjfa-48232	237	14	same	same	ADJ
cjfa-48232	237	15	time	time	NOUN
cjfa-48232	237	16	periods	period	NOUN
cjfa-48232	237	17	,	,	PUNCT
cjfa-48232	237	18	a	a	DET
cjfa-48232	237	19	change	change	NOUN
cjfa-48232	237	20	in	in	ADP
cjfa-48232	237	21	the	the	DET
cjfa-48232	237	22	risk	risk	NOUN
cjfa-48232	237	23	-	-	PUNCT
cjfa-48232	237	24	free	free	ADJ
cjfa-48232	237	25	interest	interest	NOUN
cjfa-48232	237	26	rate	rate	NOUN
cjfa-48232	237	27	would	would	AUX
cjfa-48232	237	28	only	only	ADV
cjfa-48232	237	29	result	result	VERB
cjfa-48232	237	30	in	in	ADP
cjfa-48232	237	31	a	a	DET
cjfa-48232	237	32	change	change	NOUN
cjfa-48232	237	33	of	of	ADP
cjfa-48232	237	34	the	the	DET
cjfa-48232	237	35	absolute	absolute	ADJ
cjfa-48232	237	36	numbers	number	NOUN
cjfa-48232	237	37	,	,	PUNCT
cjfa-48232	237	38	but	but	CCONJ
cjfa-48232	237	39	not	not	PART
cjfa-48232	237	40	in	in	ADP
cjfa-48232	237	41	any	any	DET
cjfa-48232	237	42	changes	change	NOUN
cjfa-48232	237	43	in	in	ADP
cjfa-48232	237	44	the	the	DET
cjfa-48232	237	45	relations	relation	NOUN
cjfa-48232	237	46	and	and	CCONJ
cjfa-48232	237	47	therefore	therefore	ADV
cjfa-48232	237	48	in	in	ADP
cjfa-48232	237	49	the	the	DET
cjfa-48232	237	50	interpretations	interpretation	NOUN
cjfa-48232	237	51	.	.	PUNCT
cjfa-48232	238	1	tanja	tanja	PROPN
cjfa-48232	238	2	sinha9090	sinha9090	VERB
cjfa-48232	238	3	the	the	DET
cjfa-48232	238	4	outcome	outcome	NOUN
cjfa-48232	238	5	of	of	ADP
cjfa-48232	238	6	the	the	DET
cjfa-48232	238	7	research	research	NOUN
cjfa-48232	238	8	processthe	processthe	DET
cjfa-48232	238	9	outcome	outcome	NOUN
cjfa-48232	238	10	of	of	ADP
cjfa-48232	238	11	the	the	DET
cjfa-48232	238	12	research	research	NOUN
cjfa-48232	238	13	process	process	NOUN
cjfa-48232	238	14	in	in	ADP
cjfa-48232	238	15	the	the	DET
cjfa-48232	238	16	following	follow	VERB
cjfa-48232	238	17	section	section	NOUN
cjfa-48232	238	18	the	the	DET
cjfa-48232	238	19	results	result	NOUN
cjfa-48232	238	20	for	for	ADP
cjfa-48232	238	21	the	the	DET
cjfa-48232	238	22	financial	financial	ADJ
cjfa-48232	238	23	figures	figure	NOUN
cjfa-48232	238	24	will	will	AUX
cjfa-48232	238	25	be	be	AUX
cjfa-48232	238	26	described	describe	VERB
cjfa-48232	238	27	and	and	CCONJ
cjfa-48232	238	28	discussed	discuss	VERB
cjfa-48232	238	29	.	.	PUNCT
cjfa-48232	239	1	all	all	DET
cjfa-48232	239	2	key	key	ADJ
cjfa-48232	239	3	figures	figure	NOUN
cjfa-48232	239	4	were	be	AUX
cjfa-48232	239	5	calculated	calculate	VERB
cjfa-48232	239	6	for	for	ADP
cjfa-48232	239	7	the	the	DET
cjfa-48232	239	8	fcx	fcx	PROPN
cjfa-48232	239	9	(	(	PUNCT
cjfa-48232	239	10	german	german	ADJ
cjfa-48232	239	11	index	index	NOUN
cjfa-48232	239	12	for	for	ADP
cjfa-48232	239	13	the	the	DET
cjfa-48232	239	14	female	female	ADJ
cjfa-48232	239	15	managed	manage	VERB
cjfa-48232	239	16	companies	company	NOUN
cjfa-48232	239	17	)	)	PUNCT
cjfa-48232	239	18	as	as	ADV
cjfa-48232	239	19	well	well	ADV
cjfa-48232	239	20	as	as	ADP
cjfa-48232	239	21	for	for	ADP
cjfa-48232	239	22	the	the	DET
cjfa-48232	239	23	dax	dax	PROPN
cjfa-48232	239	24	(	(	PUNCT
cjfa-48232	239	25	german	german	ADJ
cjfa-48232	239	26	stock	stock	NOUN
cjfa-48232	239	27	index	index	NOUN
cjfa-48232	239	28	)	)	PUNCT
cjfa-48232	239	29	as	as	ADP
cjfa-48232	239	30	a	a	DET
cjfa-48232	239	31	proxy	proxy	NOUN
cjfa-48232	239	32	for	for	ADP
cjfa-48232	239	33	male	male	ADJ
cjfa-48232	239	34	managed	manage	VERB
cjfa-48232	239	35	companies	company	NOUN
cjfa-48232	239	36	for	for	ADP
cjfa-48232	239	37	the	the	DET
cjfa-48232	239	38	years	year	NOUN
cjfa-48232	239	39	2017	2017	NUM
cjfa-48232	239	40	to	to	ADP
cjfa-48232	239	41	2022	2022	NUM
cjfa-48232	239	42	.	.	PUNCT
cjfa-48232	240	1	therefore	therefore	ADV
cjfa-48232	240	2	,	,	PUNCT
cjfa-48232	240	3	the	the	DET
cjfa-48232	240	4	effect	effect	NOUN
cjfa-48232	240	5	of	of	ADP
cjfa-48232	240	6	the	the	DET
cjfa-48232	240	7	covid	covid	PROPN
cjfa-48232	240	8	19	19	NUM
cjfa-48232	240	9	-	-	PUNCT
cjfa-48232	240	10	crisis	crisis	NOUN
cjfa-48232	240	11	in	in	ADP
cjfa-48232	240	12	year	year	NOUN
cjfa-48232	240	13	2020	2020	NUM
cjfa-48232	240	14	can	can	AUX
cjfa-48232	240	15	be	be	AUX
cjfa-48232	240	16	analysed	analyse	VERB
cjfa-48232	240	17	.	.	PUNCT
cjfa-48232	241	1	first	first	ADV
cjfa-48232	241	2	,	,	PUNCT
cjfa-48232	241	3	the	the	DET
cjfa-48232	241	4	returns	return	NOUN
cjfa-48232	241	5	for	for	ADP
cjfa-48232	241	6	each	each	DET
cjfa-48232	241	7	year	year	NOUN
cjfa-48232	241	8	are	be	AUX
cjfa-48232	241	9	shown	show	VERB
cjfa-48232	241	10	in	in	ADP
cjfa-48232	241	11	table	table	NOUN
cjfa-48232	241	12	5	5	NUM
cjfa-48232	241	13	.	.	PUNCT
cjfa-48232	241	14	table	table	NOUN
cjfa-48232	241	15	5	5	NUM
cjfa-48232	241	16	.	.	PUNCT
cjfa-48232	241	17	return	return	NOUN
cjfa-48232	241	18	per	per	ADP
cjfa-48232	241	19	year	year	NOUN
cjfa-48232	241	20	year	year	NOUN
cjfa-48232	241	21	fcx	fcx	PROPN
cjfa-48232	241	22	dax	dax	PROPN
cjfa-48232	241	23	2017	2017	NUM
cjfa-48232	241	24	25.64	25.64	NUM
cjfa-48232	241	25	%	%	NOUN
cjfa-48232	241	26	11.79	11.79	NUM
cjfa-48232	241	27	%	%	NOUN
cjfa-48232	241	28	2018	2018	NUM
cjfa-48232	241	29	-48.16	-48.16	NUM
cjfa-48232	241	30	%	%	NOUN
cjfa-48232	242	1	-20.16	-20.16	INTJ
cjfa-48232	242	2	%	%	NOUN
cjfa-48232	242	3	2019	2019	NUM
cjfa-48232	242	4	29.06	29.06	NUM
cjfa-48232	242	5	%	%	NOUN
cjfa-48232	242	6	22.69	22.69	NUM
cjfa-48232	242	7	%	%	NOUN
cjfa-48232	242	8	2020	2020	NUM
cjfa-48232	242	9	23.15	23.15	NUM
cjfa-48232	242	10	%	%	NOUN
cjfa-48232	242	11	3.48	3.48	NUM
cjfa-48232	242	12	%	%	NOUN
cjfa-48232	242	13	2021	2021	NUM
cjfa-48232	242	14	-13.24	-13.24	NUM
cjfa-48232	242	15	%	%	NOUN
cjfa-48232	242	16	14.66	14.66	NUM
cjfa-48232	242	17	%	%	NOUN
cjfa-48232	242	18	2022	2022	NUM
cjfa-48232	242	19	-52.75	-52.75	PROPN
cjfa-48232	242	20	%	%	NOUN
cjfa-48232	243	1	-13.18	-13.18	NUM
cjfa-48232	243	2	%	%	NOUN
cjfa-48232	243	3	s	s	PART
cjfa-48232	243	4	o	o	NOUN
cjfa-48232	243	5	u	u	NOUN
cjfa-48232	243	6	r	r	NOUN
cjfa-48232	243	7	c	c	NOUN
cjfa-48232	243	8	e	e	NOUN
cjfa-48232	243	9	:	:	PUNCT
cjfa-48232	243	10	own	own	ADJ
cjfa-48232	243	11	study	study	NOUN
cjfa-48232	243	12	based	base	VERB
cjfa-48232	243	13	on	on	ADP
cjfa-48232	243	14	data	datum	NOUN
cjfa-48232	243	15	from	from	ADP
cjfa-48232	243	16	refinitiv	refinitiv	PROPN
cjfa-48232	243	17	.	.	PUNCT
cjfa-48232	244	1	in	in	ADP
cjfa-48232	244	2	the	the	DET
cjfa-48232	244	3	years	year	NOUN
cjfa-48232	244	4	before	before	ADP
cjfa-48232	244	5	the	the	DET
cjfa-48232	244	6	crisis	crisis	NOUN
cjfa-48232	244	7	the	the	DET
cjfa-48232	244	8	female	female	ADJ
cjfa-48232	244	9	managed	manage	VERB
cjfa-48232	244	10	companies	company	NOUN
cjfa-48232	244	11	summarised	summarise	VERB
cjfa-48232	244	12	in	in	ADP
cjfa-48232	244	13	the	the	DET
cjfa-48232	244	14	fcx	fcx	NOUN
cjfa-48232	244	15	were	be	AUX
cjfa-48232	244	16	able	able	ADJ
cjfa-48232	244	17	to	to	PART
cjfa-48232	244	18	achieve	achieve	VERB
cjfa-48232	244	19	a	a	DET
cjfa-48232	244	20	higher	high	ADJ
cjfa-48232	244	21	return	return	NOUN
cjfa-48232	244	22	in	in	ADP
cjfa-48232	244	23	good	good	ADJ
cjfa-48232	244	24	years	year	NOUN
cjfa-48232	244	25	and	and	CCONJ
cjfa-48232	244	26	suffered	suffer	VERB
cjfa-48232	244	27	a	a	DET
cjfa-48232	244	28	higher	high	ADJ
cjfa-48232	244	29	loss	loss	NOUN
cjfa-48232	244	30	in	in	ADP
cjfa-48232	244	31	the	the	DET
cjfa-48232	244	32	bad	bad	ADJ
cjfa-48232	244	33	year	year	NOUN
cjfa-48232	244	34	2018	2018	NUM
cjfa-48232	244	35	compared	compare	VERB
cjfa-48232	244	36	to	to	ADP
cjfa-48232	244	37	the	the	DET
cjfa-48232	244	38	dax	dax	PROPN
cjfa-48232	244	39	.	.	PUNCT
cjfa-48232	245	1	in	in	ADP
cjfa-48232	245	2	the	the	DET
cjfa-48232	245	3	year	year	NOUN
cjfa-48232	245	4	2020	2020	NUM
cjfa-48232	245	5	,	,	PUNCT
cjfa-48232	245	6	the	the	DET
cjfa-48232	245	7	year	year	NOUN
cjfa-48232	245	8	of	of	ADP
cjfa-48232	245	9	the	the	DET
cjfa-48232	245	10	covid-19	covid-19	PROPN
cjfa-48232	245	11	crisis	crisis	NOUN
cjfa-48232	245	12	,	,	PUNCT
cjfa-48232	245	13	the	the	DET
cjfa-48232	245	14	fcx	fcx	NOUN
cjfa-48232	245	15	achieved	achieve	VERB
cjfa-48232	245	16	a	a	DET
cjfa-48232	245	17	return	return	NOUN
cjfa-48232	245	18	of	of	ADP
cjfa-48232	245	19	23.15	23.15	NUM
cjfa-48232	245	20	%	%	NOUN
cjfa-48232	245	21	compared	compare	VERB
cjfa-48232	245	22	to	to	ADP
cjfa-48232	245	23	3.48	3.48	NUM
cjfa-48232	245	24	%	%	NOUN
cjfa-48232	245	25	generated	generate	VERB
cjfa-48232	245	26	by	by	ADP
cjfa-48232	245	27	the	the	DET
cjfa-48232	245	28	dax	dax	PROPN
cjfa-48232	245	29	,	,	PUNCT
cjfa-48232	245	30	which	which	PRON
cjfa-48232	245	31	is	be	AUX
cjfa-48232	245	32	more	more	ADJ
cjfa-48232	245	33	than	than	ADP
cjfa-48232	245	34	660	660	NUM
cjfa-48232	245	35	%	%	NOUN
cjfa-48232	245	36	of	of	ADP
cjfa-48232	245	37	the	the	DET
cjfa-48232	245	38	dax	dax	PROPN
cjfa-48232	245	39	-	-	PUNCT
cjfa-48232	245	40	return	return	NOUN
cjfa-48232	245	41	.	.	PUNCT
cjfa-48232	246	1	from	from	ADP
cjfa-48232	246	2	2019	2019	NUM
cjfa-48232	246	3	to	to	ADP
cjfa-48232	246	4	2020	2020	NUM
cjfa-48232	246	5	the	the	DET
cjfa-48232	246	6	return	return	NOUN
cjfa-48232	246	7	of	of	ADP
cjfa-48232	246	8	the	the	DET
cjfa-48232	246	9	fcx	fcx	NOUN
cjfa-48232	246	10	dropped	drop	VERB
cjfa-48232	246	11	by	by	ADP
cjfa-48232	246	12	almost	almost	ADV
cjfa-48232	246	13	6	6	NUM
cjfa-48232	246	14	%	%	NOUN
cjfa-48232	246	15	,	,	PUNCT
cjfa-48232	246	16	whereas	whereas	SCONJ
cjfa-48232	246	17	the	the	DET
cjfa-48232	246	18	return	return	NOUN
cjfa-48232	246	19	of	of	ADP
cjfa-48232	246	20	the	the	DET
cjfa-48232	246	21	dax	dax	PROPN
cjfa-48232	246	22	declined	decline	VERB
cjfa-48232	246	23	by	by	ADP
cjfa-48232	246	24	more	more	ADJ
cjfa-48232	246	25	than	than	ADP
cjfa-48232	246	26	19	19	NUM
cjfa-48232	246	27	%	%	NOUN
cjfa-48232	246	28	.	.	PUNCT
cjfa-48232	247	1	despite	despite	SCONJ
cjfa-48232	247	2	the	the	DET
cjfa-48232	247	3	fcx	fcx	PROPN
cjfa-48232	247	4	achieved	achieve	VERB
cjfa-48232	247	5	such	such	DET
cjfa-48232	247	6	a	a	DET
cjfa-48232	247	7	positive	positive	ADJ
cjfa-48232	247	8	return	return	NOUN
cjfa-48232	247	9	in	in	ADP
cjfa-48232	247	10	the	the	DET
cjfa-48232	247	11	year	year	NOUN
cjfa-48232	247	12	2020	2020	NUM
cjfa-48232	247	13	,	,	PUNCT
cjfa-48232	247	14	in	in	ADP
cjfa-48232	247	15	both	both	DET
cjfa-48232	247	16	years	year	NOUN
cjfa-48232	247	17	after	after	ADP
cjfa-48232	247	18	the	the	DET
cjfa-48232	247	19	crisis	crisis	NOUN
cjfa-48232	247	20	the	the	DET
cjfa-48232	247	21	companies	company	NOUN
cjfa-48232	247	22	in	in	ADP
cjfa-48232	247	23	this	this	DET
cjfa-48232	247	24	index	index	NOUN
cjfa-48232	247	25	occurred	occur	VERB
cjfa-48232	247	26	losses	loss	NOUN
cjfa-48232	247	27	and	and	CCONJ
cjfa-48232	247	28	showed	show	VERB
cjfa-48232	247	29	far	far	ADV
cjfa-48232	247	30	worse	bad	ADJ
cjfa-48232	247	31	returns	return	NOUN
cjfa-48232	247	32	than	than	ADP
cjfa-48232	247	33	the	the	DET
cjfa-48232	247	34	dax	dax	PROPN
cjfa-48232	247	35	.	.	PUNCT
cjfa-48232	248	1	as	as	SCONJ
cjfa-48232	248	2	return	return	NOUN
cjfa-48232	248	3	can	can	AUX
cjfa-48232	248	4	not	not	PART
cjfa-48232	248	5	be	be	AUX
cjfa-48232	248	6	evaluated	evaluate	VERB
cjfa-48232	248	7	on	on	ADP
cjfa-48232	248	8	its	its	PRON
cjfa-48232	248	9	own	own	ADJ
cjfa-48232	248	10	,	,	PUNCT
cjfa-48232	248	11	in	in	ADP
cjfa-48232	248	12	the	the	DET
cjfa-48232	248	13	following	follow	VERB
cjfa-48232	248	14	sections	section	NOUN
cjfa-48232	248	15	also	also	ADV
cjfa-48232	248	16	the	the	DET
cjfa-48232	248	17	risk	risk	NOUN
cjfa-48232	248	18	should	should	AUX
cjfa-48232	248	19	be	be	AUX
cjfa-48232	248	20	evaluated	evaluate	VERB
cjfa-48232	248	21	.	.	PUNCT
cjfa-48232	249	1	to	to	PART
cjfa-48232	249	2	start	start	VERB
cjfa-48232	249	3	this	this	DET
cjfa-48232	249	4	assessment	assessment	NOUN
cjfa-48232	249	5	,	,	PUNCT
cjfa-48232	249	6	in	in	ADP
cjfa-48232	249	7	table	table	NOUN
cjfa-48232	249	8	6	6	NUM
cjfa-48232	249	9	the	the	DET
cjfa-48232	249	10	volatility	volatility	NOUN
cjfa-48232	249	11	per	per	ADP
cjfa-48232	249	12	year	year	NOUN
cjfa-48232	249	13	(	(	PUNCT
cjfa-48232	249	14	based	base	VERB
cjfa-48232	249	15	on	on	ADP
cjfa-48232	249	16	daily	daily	ADJ
cjfa-48232	249	17	returns	return	NOUN
cjfa-48232	249	18	)	)	PUNCT
cjfa-48232	249	19	is	be	AUX
cjfa-48232	249	20	shown	show	VERB
cjfa-48232	249	21	for	for	ADP
cjfa-48232	249	22	the	the	DET
cjfa-48232	249	23	years	year	NOUN
cjfa-48232	249	24	2017	2017	NUM
cjfa-48232	249	25	to	to	ADP
cjfa-48232	249	26	2022	2022	NUM
cjfa-48232	249	27	.	.	PUNCT
cjfa-48232	250	1	the	the	DET
cjfa-48232	250	2	role	role	NOUN
cjfa-48232	250	3	of	of	ADP
cjfa-48232	250	4	female	female	ADJ
cjfa-48232	250	5	leadership	leadership	NOUN
cjfa-48232	250	6	in	in	ADP
cjfa-48232	250	7	times	time	NOUN
cjfa-48232	250	8	of	of	ADP
cjfa-48232	250	9	financial	financial	ADJ
cjfa-48232	250	10	crisis	crisis	NOUN
cjfa-48232	250	11	…	…	PUNCT
cjfa-48232	250	12	9191	9191	NUM
cjfa-48232	250	13	table	table	NOUN
cjfa-48232	250	14	6	6	NUM
cjfa-48232	250	15	.	.	PUNCT
cjfa-48232	251	1	volatility	volatility	NOUN
cjfa-48232	251	2	per	per	ADP
cjfa-48232	251	3	year	year	NOUN
cjfa-48232	251	4	year	year	NOUN
cjfa-48232	251	5	fcx	fcx	PROPN
cjfa-48232	251	6	dax	dax	PROPN
cjfa-48232	251	7	2017	2017	NUM
cjfa-48232	251	8	17.77	17.77	NUM
cjfa-48232	251	9	%	%	NOUN
cjfa-48232	251	10	10.59	10.59	NUM
cjfa-48232	251	11	%	%	NOUN
cjfa-48232	251	12	2018	2018	NUM
cjfa-48232	251	13	23.93	23.93	NUM
cjfa-48232	251	14	%	%	NOUN
cjfa-48232	251	15	15.52	15.52	NUM
cjfa-48232	251	16	%	%	NOUN
cjfa-48232	251	17	2019	2019	NUM
cjfa-48232	251	18	22.80	22.80	NUM
cjfa-48232	251	19	%	%	NOUN
cjfa-48232	251	20	13.97	13.97	NUM
cjfa-48232	251	21	%	%	NOUN
cjfa-48232	251	22	2020	2020	NUM
cjfa-48232	251	23	33.43	33.43	NUM
cjfa-48232	251	24	%	%	NOUN
cjfa-48232	251	25	33.34	33.34	NUM
cjfa-48232	251	26	%	%	NOUN
cjfa-48232	251	27	2021	2021	NUM
cjfa-48232	251	28	19.22	19.22	NUM
cjfa-48232	251	29	%	%	NOUN
cjfa-48232	251	30	14.47	14.47	NUM
cjfa-48232	251	31	%	%	NOUN
cjfa-48232	251	32	2022	2022	NUM
cjfa-48232	251	33	35.83	35.83	NUM
cjfa-48232	251	34	%	%	NOUN
cjfa-48232	251	35	23.47	23.47	NUM
cjfa-48232	251	36	%	%	NOUN
cjfa-48232	251	37	s	s	PART
cjfa-48232	251	38	o	o	NOUN
cjfa-48232	251	39	u	u	NOUN
cjfa-48232	251	40	r	r	NOUN
cjfa-48232	251	41	c	c	NOUN
cjfa-48232	251	42	e	e	NOUN
cjfa-48232	251	43	:	:	PUNCT
cjfa-48232	251	44	own	own	ADJ
cjfa-48232	251	45	study	study	NOUN
cjfa-48232	251	46	based	base	VERB
cjfa-48232	251	47	on	on	ADP
cjfa-48232	251	48	data	datum	NOUN
cjfa-48232	251	49	from	from	ADP
cjfa-48232	251	50	refinitiv	refinitiv	PROPN
cjfa-48232	251	51	.	.	PUNCT
cjfa-48232	252	1	the	the	DET
cjfa-48232	252	2	volatility	volatility	NOUN
cjfa-48232	252	3	figures	figure	NOUN
cjfa-48232	252	4	show	show	VERB
cjfa-48232	252	5	that	that	SCONJ
cjfa-48232	252	6	in	in	ADP
cjfa-48232	252	7	all	all	DET
cjfa-48232	252	8	years	year	NOUN
cjfa-48232	252	9	the	the	DET
cjfa-48232	252	10	fcx	fcx	PROPN
cjfa-48232	252	11	has	have	VERB
cjfa-48232	252	12	a	a	DET
cjfa-48232	252	13	higher	high	ADJ
cjfa-48232	252	14	volatility	volatility	NOUN
cjfa-48232	252	15	than	than	ADP
cjfa-48232	252	16	the	the	DET
cjfa-48232	252	17	dax	dax	PROPN
cjfa-48232	252	18	.	.	PUNCT
cjfa-48232	253	1	but	but	CCONJ
cjfa-48232	253	2	in	in	ADP
cjfa-48232	253	3	the	the	DET
cjfa-48232	253	4	year	year	NOUN
cjfa-48232	253	5	of	of	ADP
cjfa-48232	253	6	the	the	DET
cjfa-48232	253	7	crisis	crisis	NOUN
cjfa-48232	253	8	,	,	PUNCT
cjfa-48232	253	9	2020	2020	NUM
cjfa-48232	253	10	,	,	PUNCT
cjfa-48232	253	11	both	both	DET
cjfa-48232	253	12	numbers	number	NOUN
cjfa-48232	253	13	are	be	AUX
cjfa-48232	253	14	almost	almost	ADV
cjfa-48232	253	15	matching	match	VERB
cjfa-48232	253	16	.	.	PUNCT
cjfa-48232	254	1	also	also	ADV
cjfa-48232	254	2	,	,	PUNCT
cjfa-48232	254	3	the	the	DET
cjfa-48232	254	4	increase	increase	NOUN
cjfa-48232	254	5	in	in	ADP
cjfa-48232	254	6	volatility	volatility	NOUN
cjfa-48232	254	7	from	from	ADP
cjfa-48232	254	8	2019	2019	NUM
cjfa-48232	254	9	to	to	ADP
cjfa-48232	254	10	2020	2020	NUM
cjfa-48232	254	11	is	be	AUX
cjfa-48232	254	12	only	only	ADV
cjfa-48232	254	13	10.6	10.6	NUM
cjfa-48232	254	14	%	%	NOUN
cjfa-48232	254	15	for	for	ADP
cjfa-48232	254	16	the	the	DET
cjfa-48232	254	17	fcx	fcx	NOUN
cjfa-48232	254	18	compared	compare	VERB
cjfa-48232	254	19	to	to	ADP
cjfa-48232	254	20	19.4	19.4	NUM
cjfa-48232	254	21	%	%	NOUN
cjfa-48232	254	22	for	for	ADP
cjfa-48232	254	23	the	the	DET
cjfa-48232	254	24	dax	dax	PROPN
cjfa-48232	254	25	.	.	PUNCT
cjfa-48232	255	1	so	so	ADV
cjfa-48232	255	2	,	,	PUNCT
cjfa-48232	255	3	the	the	DET
cjfa-48232	255	4	dax	dax	PROPN
cjfa-48232	255	5	much	much	ADV
cjfa-48232	255	6	more	more	ADV
cjfa-48232	255	7	increased	increase	VERB
cjfa-48232	255	8	its	its	PRON
cjfa-48232	255	9	risk	risk	NOUN
cjfa-48232	255	10	in	in	ADP
cjfa-48232	255	11	terms	term	NOUN
cjfa-48232	255	12	of	of	ADP
cjfa-48232	255	13	volatility	volatility	NOUN
cjfa-48232	255	14	through	through	ADP
cjfa-48232	255	15	the	the	DET
cjfa-48232	255	16	crisis	crisis	NOUN
cjfa-48232	255	17	.	.	PUNCT
cjfa-48232	256	1	in	in	ADP
cjfa-48232	256	2	the	the	DET
cjfa-48232	256	3	years	year	NOUN
cjfa-48232	256	4	following	follow	VERB
cjfa-48232	256	5	the	the	DET
cjfa-48232	256	6	crisis	crisis	NOUN
cjfa-48232	256	7	,	,	PUNCT
cjfa-48232	256	8	the	the	DET
cjfa-48232	256	9	dax	dax	PROPN
cjfa-48232	256	10	again	again	ADV
cjfa-48232	256	11	showed	show	VERB
cjfa-48232	256	12	a	a	DET
cjfa-48232	256	13	lower	low	ADJ
cjfa-48232	256	14	volatility	volatility	NOUN
cjfa-48232	256	15	and	and	CCONJ
cjfa-48232	256	16	therefore	therefore	ADV
cjfa-48232	256	17	a	a	DET
cjfa-48232	256	18	lower	low	ADJ
cjfa-48232	256	19	risk	risk	NOUN
cjfa-48232	256	20	compared	compare	VERB
cjfa-48232	256	21	to	to	ADP
cjfa-48232	256	22	the	the	DET
cjfa-48232	256	23	fcx	fcx	PROPN
cjfa-48232	256	24	.	.	PROPN
cjfa-48232	257	1	as	as	SCONJ
cjfa-48232	257	2	volatility	volatility	NOUN
cjfa-48232	257	3	gives	give	VERB
cjfa-48232	257	4	information	information	NOUN
cjfa-48232	257	5	on	on	ADP
cjfa-48232	257	6	the	the	DET
cjfa-48232	257	7	risk	risk	NOUN
cjfa-48232	257	8	in	in	ADP
cjfa-48232	257	9	terms	term	NOUN
cjfa-48232	257	10	of	of	ADP
cjfa-48232	257	11	fluctuation	fluctuation	NOUN
cjfa-48232	257	12	around	around	ADP
cjfa-48232	257	13	the	the	DET
cjfa-48232	257	14	expected	expect	VERB
cjfa-48232	257	15	value	value	NOUN
cjfa-48232	257	16	,	,	PUNCT
cjfa-48232	257	17	it	it	PRON
cjfa-48232	257	18	is	be	AUX
cjfa-48232	257	19	sensible	sensible	ADJ
cjfa-48232	257	20	to	to	PART
cjfa-48232	257	21	additionally	additionally	ADV
cjfa-48232	257	22	consider	consider	VERB
cjfa-48232	257	23	beta	beta	NOUN
cjfa-48232	257	24	as	as	ADP
cjfa-48232	257	25	a	a	DET
cjfa-48232	257	26	risk	risk	NOUN
cjfa-48232	257	27	measure	measure	NOUN
cjfa-48232	257	28	for	for	ADP
cjfa-48232	257	29	the	the	DET
cjfa-48232	257	30	systematic	systematic	ADJ
cjfa-48232	257	31	risk	risk	NOUN
cjfa-48232	257	32	of	of	ADP
cjfa-48232	257	33	an	an	DET
cjfa-48232	257	34	investment	investment	NOUN
cjfa-48232	257	35	compared	compare	VERB
cjfa-48232	257	36	to	to	ADP
cjfa-48232	257	37	the	the	DET
cjfa-48232	257	38	market	market	NOUN
cjfa-48232	257	39	.	.	PUNCT
cjfa-48232	258	1	table	table	NOUN
cjfa-48232	258	2	7	7	NUM
cjfa-48232	258	3	.	.	PUNCT
cjfa-48232	259	1	beta	beta	ADJ
cjfa-48232	259	2	year	year	NOUN
cjfa-48232	259	3	fcx	fcx	PROPN
cjfa-48232	259	4	dax	dax	PROPN
cjfa-48232	259	5	2017	2017	NUM
cjfa-48232	259	6	0.994	0.994	NUM
cjfa-48232	259	7	1.045	1.045	NUM
cjfa-48232	259	8	2018	2018	NUM
cjfa-48232	259	9	1.173	1.173	NUM
cjfa-48232	259	10	1.017	1.017	NUM
cjfa-48232	259	11	2019	2019	NUM
cjfa-48232	259	12	1.235	1.235	NUM
cjfa-48232	259	13	1.013	1.013	NUM
cjfa-48232	259	14	2020	2020	NUM
cjfa-48232	259	15	0.807	0.807	NUM
cjfa-48232	259	16	1.054	1.054	NUM
cjfa-48232	259	17	2021	2021	NUM
cjfa-48232	259	18	0.844	0.844	NUM
cjfa-48232	259	19	1.035	1.035	NUM
cjfa-48232	259	20	2022	2022	NUM
cjfa-48232	259	21	1.202	1.202	NUM
cjfa-48232	259	22	0.986	0.986	NUM
cjfa-48232	259	23	s	s	PART
cjfa-48232	259	24	o	o	NOUN
cjfa-48232	259	25	u	u	NOUN
cjfa-48232	259	26	r	r	NOUN
cjfa-48232	259	27	c	c	NOUN
cjfa-48232	259	28	e	e	NOUN
cjfa-48232	259	29	:	:	PUNCT
cjfa-48232	259	30	own	own	ADJ
cjfa-48232	259	31	study	study	NOUN
cjfa-48232	259	32	based	base	VERB
cjfa-48232	259	33	on	on	ADP
cjfa-48232	259	34	data	datum	NOUN
cjfa-48232	259	35	from	from	ADP
cjfa-48232	259	36	refinitiv	refinitiv	PROPN
cjfa-48232	259	37	.	.	PUNCT
cjfa-48232	260	1	tanja	tanja	PROPN
cjfa-48232	260	2	sinha9292	sinha9292	PROPN
cjfa-48232	260	3	the	the	DET
cjfa-48232	260	4	betas	beta	NOUN
cjfa-48232	260	5	given	give	VERB
cjfa-48232	260	6	in	in	ADP
cjfa-48232	260	7	table	table	NOUN
cjfa-48232	260	8	7	7	NUM
cjfa-48232	260	9	are	be	AUX
cjfa-48232	260	10	based	base	VERB
cjfa-48232	260	11	on	on	ADP
cjfa-48232	260	12	the	the	DET
cjfa-48232	260	13	cdax	cdax	NOUN
cjfa-48232	260	14	as	as	ADP
cjfa-48232	260	15	proxy	proxy	NOUN
cjfa-48232	260	16	for	for	ADP
cjfa-48232	260	17	the	the	DET
cjfa-48232	260	18	market	market	NOUN
cjfa-48232	260	19	and	and	CCONJ
cjfa-48232	260	20	therefore	therefore	ADV
cjfa-48232	260	21	show	show	VERB
cjfa-48232	260	22	the	the	DET
cjfa-48232	260	23	risk	risk	NOUN
cjfa-48232	260	24	of	of	ADP
cjfa-48232	260	25	both	both	DET
cjfa-48232	260	26	indices	index	NOUN
cjfa-48232	260	27	in	in	ADP
cjfa-48232	260	28	relationship	relationship	NOUN
cjfa-48232	260	29	to	to	ADP
cjfa-48232	260	30	the	the	DET
cjfa-48232	260	31	cdax	cdax	PROPN
cjfa-48232	260	32	.	.	PUNCT
cjfa-48232	261	1	the	the	DET
cjfa-48232	261	2	betas	beta	NOUN
cjfa-48232	261	3	in	in	ADP
cjfa-48232	261	4	some	some	DET
cjfa-48232	261	5	years	year	NOUN
cjfa-48232	261	6	confirm	confirm	VERB
cjfa-48232	261	7	the	the	DET
cjfa-48232	261	8	results	result	NOUN
cjfa-48232	261	9	received	receive	VERB
cjfa-48232	261	10	from	from	ADP
cjfa-48232	261	11	analysing	analyse	VERB
cjfa-48232	261	12	the	the	DET
cjfa-48232	261	13	volatility	volatility	NOUN
cjfa-48232	261	14	,	,	PUNCT
cjfa-48232	261	15	whereas	whereas	SCONJ
cjfa-48232	261	16	in	in	ADP
cjfa-48232	261	17	others	other	NOUN
cjfa-48232	261	18	the	the	DET
cjfa-48232	261	19	show	show	VERB
cjfa-48232	261	20	a	a	DET
cjfa-48232	261	21	different	different	ADJ
cjfa-48232	261	22	picture	picture	NOUN
cjfa-48232	261	23	.	.	PUNCT
cjfa-48232	262	1	in	in	ADP
cjfa-48232	262	2	2017	2017	NUM
cjfa-48232	262	3	the	the	DET
cjfa-48232	262	4	beta	beta	NOUN
cjfa-48232	262	5	stated	state	VERB
cjfa-48232	262	6	a	a	DET
cjfa-48232	262	7	lower	low	ADJ
cjfa-48232	262	8	risk	risk	NOUN
cjfa-48232	262	9	for	for	ADP
cjfa-48232	262	10	the	the	DET
cjfa-48232	262	11	fcx	fcx	NOUN
cjfa-48232	262	12	than	than	ADP
cjfa-48232	262	13	for	for	ADP
cjfa-48232	262	14	the	the	DET
cjfa-48232	262	15	dax	dax	PROPN
cjfa-48232	262	16	,	,	PUNCT
cjfa-48232	262	17	with	with	ADP
cjfa-48232	262	18	the	the	DET
cjfa-48232	262	19	fcx	fcx	PROPN
cjfa-48232	262	20	haven	haven	NOUN
cjfa-48232	262	21	even	even	ADV
cjfa-48232	262	22	a	a	DET
cjfa-48232	262	23	lower	low	ADJ
cjfa-48232	262	24	risk	risk	NOUN
cjfa-48232	262	25	than	than	ADP
cjfa-48232	262	26	the	the	DET
cjfa-48232	262	27	market	market	NOUN
cjfa-48232	262	28	.	.	PUNCT
cjfa-48232	263	1	for	for	ADP
cjfa-48232	263	2	the	the	DET
cjfa-48232	263	3	years	year	NOUN
cjfa-48232	263	4	2018	2018	NUM
cjfa-48232	263	5	and	and	CCONJ
cjfa-48232	263	6	2019	2019	NUM
cjfa-48232	263	7	the	the	DET
cjfa-48232	263	8	higher	high	ADJ
cjfa-48232	263	9	volatility	volatility	NOUN
cjfa-48232	263	10	risk	risk	NOUN
cjfa-48232	263	11	of	of	ADP
cjfa-48232	263	12	fcx	fcx	NOUN
cjfa-48232	263	13	compared	compare	VERB
cjfa-48232	263	14	to	to	ADP
cjfa-48232	263	15	dax	dax	PROPN
cjfa-48232	263	16	is	be	AUX
cjfa-48232	263	17	also	also	ADV
cjfa-48232	263	18	stated	state	VERB
cjfa-48232	263	19	in	in	ADP
cjfa-48232	263	20	the	the	DET
cjfa-48232	263	21	beta	beta	NOUN
cjfa-48232	263	22	and	and	CCONJ
cjfa-48232	263	23	so	so	ADV
cjfa-48232	263	24	in	in	ADP
cjfa-48232	263	25	relation	relation	NOUN
cjfa-48232	263	26	to	to	ADP
cjfa-48232	263	27	the	the	DET
cjfa-48232	263	28	market	market	NOUN
cjfa-48232	263	29	.	.	PUNCT
cjfa-48232	264	1	in	in	ADP
cjfa-48232	264	2	the	the	DET
cjfa-48232	264	3	year	year	NOUN
cjfa-48232	264	4	2020	2020	NUM
cjfa-48232	264	5	,	,	PUNCT
cjfa-48232	264	6	when	when	SCONJ
cjfa-48232	264	7	the	the	DET
cjfa-48232	264	8	covid	covid	NOUN
cjfa-48232	264	9	-	-	PUNCT
cjfa-48232	264	10	crisis	crisis	NOUN
cjfa-48232	264	11	started	start	VERB
cjfa-48232	264	12	,	,	PUNCT
cjfa-48232	264	13	fcx	fcx	PROPN
cjfa-48232	264	14	’s	’s	PART
cjfa-48232	264	15	beta	beta	NOUN
cjfa-48232	264	16	again	again	ADV
cjfa-48232	264	17	was	be	AUX
cjfa-48232	264	18	below	below	ADP
cjfa-48232	264	19	1	1	NUM
cjfa-48232	264	20	,	,	PUNCT
cjfa-48232	264	21	showing	show	VERB
cjfa-48232	264	22	a	a	DET
cjfa-48232	264	23	lower	low	ADJ
cjfa-48232	264	24	risk	risk	NOUN
cjfa-48232	264	25	than	than	ADP
cjfa-48232	264	26	the	the	DET
cjfa-48232	264	27	market	market	NOUN
cjfa-48232	264	28	,	,	PUNCT
cjfa-48232	264	29	whereas	whereas	SCONJ
cjfa-48232	264	30	the	the	DET
cjfa-48232	264	31	beta	beta	NOUN
cjfa-48232	264	32	for	for	ADP
cjfa-48232	264	33	the	the	DET
cjfa-48232	264	34	dax	dax	PROPN
cjfa-48232	264	35	stayed	stay	VERB
cjfa-48232	264	36	above	above	ADP
cjfa-48232	264	37	1	1	NUM
cjfa-48232	264	38	.	.	PUNCT
cjfa-48232	265	1	deviating	deviate	VERB
cjfa-48232	265	2	from	from	ADP
cjfa-48232	265	3	the	the	DET
cjfa-48232	265	4	volatility	volatility	NOUN
cjfa-48232	265	5	figures	figure	NOUN
cjfa-48232	265	6	in	in	ADP
cjfa-48232	265	7	2021	2021	NUM
cjfa-48232	265	8	beta	beta	NOUN
cjfa-48232	265	9	for	for	ADP
cjfa-48232	265	10	fcx	fcx	NOUN
cjfa-48232	265	11	remained	remain	VERB
cjfa-48232	265	12	lower	low	ADJ
cjfa-48232	265	13	than	than	ADP
cjfa-48232	265	14	the	the	DET
cjfa-48232	265	15	market	market	NOUN
cjfa-48232	265	16	,	,	PUNCT
cjfa-48232	265	17	but	but	CCONJ
cjfa-48232	265	18	slightly	slightly	ADV
cjfa-48232	265	19	increased	increase	VERB
cjfa-48232	265	20	,	,	PUNCT
cjfa-48232	265	21	whereas	whereas	SCONJ
cjfa-48232	265	22	the	the	DET
cjfa-48232	265	23	beta	beta	NOUN
cjfa-48232	265	24	for	for	ADP
cjfa-48232	265	25	the	the	DET
cjfa-48232	265	26	dax	dax	PROPN
cjfa-48232	265	27	decreased	decrease	VERB
cjfa-48232	265	28	(	(	PUNCT
cjfa-48232	265	29	but	but	CCONJ
cjfa-48232	265	30	was	be	AUX
cjfa-48232	265	31	still	still	ADV
cjfa-48232	265	32	higher	high	ADJ
cjfa-48232	265	33	than	than	ADP
cjfa-48232	265	34	the	the	DET
cjfa-48232	265	35	market	market	NOUN
cjfa-48232	265	36	)	)	PUNCT
cjfa-48232	265	37	.	.	PUNCT
cjfa-48232	266	1	for	for	ADP
cjfa-48232	266	2	year	year	NOUN
cjfa-48232	266	3	2022	2022	NUM
cjfa-48232	266	4	the	the	DET
cjfa-48232	266	5	results	result	NOUN
cjfa-48232	266	6	from	from	ADP
cjfa-48232	266	7	the	the	DET
cjfa-48232	266	8	volatility	volatility	NOUN
cjfa-48232	266	9	figures	figure	NOUN
cjfa-48232	266	10	are	be	AUX
cjfa-48232	266	11	confirmed	confirm	VERB
cjfa-48232	266	12	as	as	ADP
cjfa-48232	266	13	risk	risk	NOUN
cjfa-48232	266	14	for	for	ADP
cjfa-48232	266	15	fcx	fcx	NOUN
cjfa-48232	266	16	heavily	heavily	ADV
cjfa-48232	266	17	increases	increase	NOUN
cjfa-48232	266	18	.	.	PUNCT
cjfa-48232	267	1	to	to	PART
cjfa-48232	267	2	evaluate	evaluate	VERB
cjfa-48232	267	3	the	the	DET
cjfa-48232	267	4	extent	extent	NOUN
cjfa-48232	267	5	of	of	ADP
cjfa-48232	267	6	loss	loss	NOUN
cjfa-48232	267	7	on	on	ADP
cjfa-48232	267	8	a	a	DET
cjfa-48232	267	9	single	single	ADJ
cjfa-48232	267	10	trading	trading	NOUN
cjfa-48232	267	11	day	day	NOUN
cjfa-48232	267	12	the	the	DET
cjfa-48232	267	13	maximum	maximum	ADJ
cjfa-48232	267	14	one	one	NUM
cjfa-48232	267	15	-	-	PUNCT
cjfa-48232	267	16	dayloss	dayloss	NOUN
cjfa-48232	267	17	is	be	AUX
cjfa-48232	267	18	considered	consider	VERB
cjfa-48232	267	19	in	in	ADP
cjfa-48232	267	20	the	the	DET
cjfa-48232	267	21	following	follow	VERB
cjfa-48232	267	22	table	table	NOUN
cjfa-48232	267	23	8	8	NUM
cjfa-48232	267	24	.	.	PUNCT
cjfa-48232	267	25	table	table	NOUN
cjfa-48232	267	26	8	8	NUM
cjfa-48232	267	27	.	.	PUNCT
cjfa-48232	268	1	maximum	maximum	ADJ
cjfa-48232	268	2	one	one	NUM
cjfa-48232	268	3	-	-	PUNCT
cjfa-48232	268	4	day	day	NOUN
cjfa-48232	268	5	-	-	PUNCT
cjfa-48232	268	6	loss	loss	NOUN
cjfa-48232	268	7	year	year	NOUN
cjfa-48232	268	8	fcx	fcx	PROPN
cjfa-48232	268	9	dax	dax	PROPN
cjfa-48232	268	10	2017	2017	NUM
cjfa-48232	268	11	-3.81	-3.81	NUM
cjfa-48232	268	12	%	%	NOUN
cjfa-48232	268	13	-1.84	-1.84	NOUN
cjfa-48232	268	14	%	%	NOUN
cjfa-48232	268	15	2018	2018	NUM
cjfa-48232	268	16	-7.35	-7.35	NUM
cjfa-48232	268	17	%	%	NOUN
cjfa-48232	268	18	-3.54	-3.54	NUM
cjfa-48232	268	19	%	%	NOUN
cjfa-48232	268	20	2019	2019	NUM
cjfa-48232	268	21	-4.12	-4.12	NUM
cjfa-48232	268	22	%	%	NOUN
cjfa-48232	268	23	-3.16	-3.16	NOUN
cjfa-48232	268	24	%	%	NOUN
cjfa-48232	268	25	2020	2020	NUM
cjfa-48232	268	26	-8.58	-8.58	NOUN
cjfa-48232	268	27	%	%	NOUN
cjfa-48232	268	28	-13.05	-13.05	PROPN
cjfa-48232	268	29	%	%	NOUN
cjfa-48232	268	30	2021	2021	NUM
cjfa-48232	268	31	-3.49	-3.49	NOUN
cjfa-48232	268	32	%	%	NOUN
cjfa-48232	268	33	-4.24	-4.24	NOUN
cjfa-48232	268	34	%	%	NOUN
cjfa-48232	268	35	2022	2022	NUM
cjfa-48232	268	36	-8.04	-8.04	NOUN
cjfa-48232	268	37	%	%	NOUN
cjfa-48232	268	38	-4.51	-4.51	NUM
cjfa-48232	268	39	%	%	NOUN
cjfa-48232	268	40	s	s	PART
cjfa-48232	268	41	o	o	NOUN
cjfa-48232	268	42	u	u	NOUN
cjfa-48232	268	43	r	r	NOUN
cjfa-48232	268	44	c	c	NOUN
cjfa-48232	268	45	e	e	NOUN
cjfa-48232	268	46	:	:	PUNCT
cjfa-48232	268	47	own	own	ADJ
cjfa-48232	268	48	study	study	NOUN
cjfa-48232	268	49	based	base	VERB
cjfa-48232	268	50	on	on	ADP
cjfa-48232	268	51	data	datum	NOUN
cjfa-48232	268	52	from	from	ADP
cjfa-48232	268	53	refinitiv	refinitiv	PROPN
cjfa-48232	268	54	.	.	PUNCT
cjfa-48232	269	1	in	in	ADP
cjfa-48232	269	2	the	the	DET
cjfa-48232	269	3	years	year	NOUN
cjfa-48232	269	4	2017	2017	NUM
cjfa-48232	269	5	to	to	ADP
cjfa-48232	269	6	2019	2019	NUM
cjfa-48232	269	7	the	the	DET
cjfa-48232	269	8	maximum	maximum	ADJ
cjfa-48232	269	9	one	one	NUM
cjfa-48232	269	10	-	-	PUNCT
cjfa-48232	269	11	day	day	NOUN
cjfa-48232	269	12	-	-	PUNCT
cjfa-48232	269	13	loss	loss	NOUN
cjfa-48232	269	14	is	be	AUX
cjfa-48232	269	15	higher	high	ADJ
cjfa-48232	269	16	for	for	ADP
cjfa-48232	269	17	the	the	DET
cjfa-48232	269	18	fcx	fcx	NOUN
cjfa-48232	269	19	than	than	ADP
cjfa-48232	269	20	for	for	ADP
cjfa-48232	269	21	the	the	DET
cjfa-48232	269	22	dax	dax	NOUN
cjfa-48232	269	23	in	in	ADP
cjfa-48232	269	24	all	all	DET
cjfa-48232	269	25	three	three	NUM
cjfa-48232	269	26	years	year	NOUN
cjfa-48232	269	27	and	and	CCONJ
cjfa-48232	269	28	therefore	therefore	ADV
cjfa-48232	269	29	also	also	ADV
cjfa-48232	269	30	in	in	ADP
cjfa-48232	269	31	the	the	PRON
cjfa-48232	269	32	(	(	PUNCT
cjfa-48232	269	33	from	from	ADP
cjfa-48232	269	34	a	a	DET
cjfa-48232	269	35	return	return	NOUN
cjfa-48232	269	36	perspective	perspective	NOUN
cjfa-48232	269	37	)	)	PUNCT
cjfa-48232	269	38	good	good	ADJ
cjfa-48232	269	39	years	year	NOUN
cjfa-48232	269	40	2017	2017	NUM
cjfa-48232	269	41	and	and	CCONJ
cjfa-48232	269	42	2019	2019	NUM
cjfa-48232	269	43	.	.	PUNCT
cjfa-48232	270	1	but	but	CCONJ
cjfa-48232	270	2	for	for	ADP
cjfa-48232	270	3	the	the	DET
cjfa-48232	270	4	year	year	NOUN
cjfa-48232	270	5	2020	2020	NUM
cjfa-48232	270	6	the	the	DET
cjfa-48232	270	7	effect	effect	NOUN
cjfa-48232	270	8	is	be	AUX
cjfa-48232	270	9	the	the	DET
cjfa-48232	270	10	same	same	ADJ
cjfa-48232	270	11	as	as	SCONJ
cjfa-48232	270	12	seen	see	VERB
cjfa-48232	270	13	before	before	ADV
cjfa-48232	270	14	:	:	PUNCT
cjfa-48232	270	15	fcx	fcx	PROPN
cjfa-48232	270	16	is	be	AUX
cjfa-48232	270	17	better	well	ADV
cjfa-48232	270	18	able	able	ADJ
cjfa-48232	270	19	to	to	PART
cjfa-48232	270	20	manage	manage	VERB
cjfa-48232	270	21	the	the	DET
cjfa-48232	270	22	crisis	crisis	NOUN
cjfa-48232	270	23	than	than	ADP
cjfa-48232	270	24	dax	dax	VERB
cjfa-48232	270	25	as	as	ADP
cjfa-48232	270	26	the	the	DET
cjfa-48232	270	27	maximum	maximum	ADJ
cjfa-48232	270	28	one	one	NUM
cjfa-48232	270	29	-	-	PUNCT
cjfa-48232	270	30	day	day	NOUN
cjfa-48232	270	31	-	-	PUNCT
cjfa-48232	270	32	loss	loss	NOUN
cjfa-48232	270	33	in	in	ADP
cjfa-48232	270	34	this	this	DET
cjfa-48232	270	35	year	year	NOUN
cjfa-48232	270	36	for	for	ADP
cjfa-48232	270	37	the	the	DET
cjfa-48232	270	38	fcx	fcx	NOUN
cjfa-48232	270	39	is	be	AUX
cjfa-48232	270	40	only	only	ADV
cjfa-48232	270	41	about	about	ADV
cjfa-48232	270	42	65	65	NUM
cjfa-48232	270	43	%	%	NOUN
cjfa-48232	270	44	of	of	ADP
cjfa-48232	270	45	the	the	DET
cjfa-48232	270	46	amount	amount	NOUN
cjfa-48232	270	47	of	of	ADP
cjfa-48232	270	48	the	the	DET
cjfa-48232	270	49	dax	dax	PROPN
cjfa-48232	270	50	.	.	PUNCT
cjfa-48232	271	1	remarkably	remarkably	ADV
cjfa-48232	271	2	to	to	PART
cjfa-48232	271	3	note	note	VERB
cjfa-48232	271	4	is	be	AUX
cjfa-48232	271	5	that	that	SCONJ
cjfa-48232	271	6	also	also	ADV
cjfa-48232	271	7	in	in	ADP
cjfa-48232	271	8	the	the	DET
cjfa-48232	271	9	year	year	NOUN
cjfa-48232	271	10	2021	2021	NUM
cjfa-48232	271	11	,	,	PUNCT
cjfa-48232	271	12	the	the	DET
cjfa-48232	271	13	year	year	NOUN
cjfa-48232	271	14	following	follow	VERB
cjfa-48232	271	15	the	the	DET
cjfa-48232	271	16	the	the	DET
cjfa-48232	271	17	role	role	NOUN
cjfa-48232	271	18	of	of	ADP
cjfa-48232	271	19	female	female	ADJ
cjfa-48232	271	20	leadership	leadership	NOUN
cjfa-48232	271	21	in	in	ADP
cjfa-48232	271	22	times	time	NOUN
cjfa-48232	271	23	of	of	ADP
cjfa-48232	271	24	financial	financial	ADJ
cjfa-48232	271	25	crisis	crisis	NOUN
cjfa-48232	271	26	…	…	PUNCT
cjfa-48232	271	27	9393	9393	NUM
cjfa-48232	271	28	covid	covid	NOUN
cjfa-48232	271	29	-	-	PUNCT
cjfa-48232	271	30	crisis	crisis	NOUN
cjfa-48232	271	31	,	,	PUNCT
cjfa-48232	271	32	the	the	DET
cjfa-48232	271	33	maximum	maximum	ADJ
cjfa-48232	271	34	one	one	NUM
cjfa-48232	271	35	-	-	PUNCT
cjfa-48232	271	36	day	day	NOUN
cjfa-48232	271	37	-	-	PUNCT
cjfa-48232	271	38	loss	loss	NOUN
cjfa-48232	271	39	for	for	ADP
cjfa-48232	271	40	the	the	DET
cjfa-48232	271	41	fcx	fcx	NOUN
cjfa-48232	271	42	is	be	AUX
cjfa-48232	271	43	-3.49	-3.49	NOUN
cjfa-48232	271	44	%	%	NOUN
cjfa-48232	271	45	and	and	CCONJ
cjfa-48232	271	46	thus	thus	ADV
cjfa-48232	271	47	below	below	ADP
cjfa-48232	271	48	the	the	DET
cjfa-48232	271	49	one	one	NOUN
cjfa-48232	271	50	for	for	ADP
cjfa-48232	271	51	the	the	DET
cjfa-48232	271	52	dax	dax	PROPN
cjfa-48232	271	53	,	,	PUNCT
cjfa-48232	271	54	which	which	PRON
cjfa-48232	271	55	is	be	AUX
cjfa-48232	271	56	-4.24	-4.24	NUM
cjfa-48232	271	57	%	%	NOUN
cjfa-48232	271	58	.	.	PUNCT
cjfa-48232	272	1	however	however	ADV
cjfa-48232	272	2	,	,	PUNCT
cjfa-48232	272	3	it	it	PRON
cjfa-48232	272	4	must	must	AUX
cjfa-48232	272	5	be	be	AUX
cjfa-48232	272	6	noted	note	VERB
cjfa-48232	272	7	that	that	SCONJ
cjfa-48232	272	8	return	return	NOUN
cjfa-48232	272	9	shows	show	VERB
cjfa-48232	272	10	an	an	DET
cjfa-48232	272	11	average	average	ADJ
cjfa-48232	272	12	result	result	NOUN
cjfa-48232	272	13	for	for	ADP
cjfa-48232	272	14	the	the	DET
cjfa-48232	272	15	whole	whole	ADJ
cjfa-48232	272	16	year	year	NOUN
cjfa-48232	272	17	,	,	PUNCT
cjfa-48232	272	18	whereas	whereas	SCONJ
cjfa-48232	272	19	the	the	DET
cjfa-48232	272	20	maximum	maximum	ADJ
cjfa-48232	272	21	one	one	NUM
cjfa-48232	272	22	-	-	PUNCT
cjfa-48232	272	23	dayloss	dayloss	NOUN
cjfa-48232	272	24	marks	mark	VERB
cjfa-48232	272	25	the	the	DET
cjfa-48232	272	26	development	development	NOUN
cjfa-48232	272	27	on	on	ADP
cjfa-48232	272	28	one	one	NUM
cjfa-48232	272	29	single	single	ADJ
cjfa-48232	272	30	day	day	NOUN
cjfa-48232	272	31	.	.	PUNCT
cjfa-48232	273	1	table	table	NOUN
cjfa-48232	273	2	9	9	NUM
cjfa-48232	273	3	.	.	PUNCT
cjfa-48232	273	4	value	value	NOUN
cjfa-48232	273	5	at	at	ADP
cjfa-48232	273	6	risk	risk	NOUN
cjfa-48232	273	7	year	year	NOUN
cjfa-48232	273	8	fcx	fcx	PROPN
cjfa-48232	273	9	dax	dax	PROPN
cjfa-48232	273	10	2017	2017	NUM
cjfa-48232	273	11	-4,117.63	-4,117.63	PUNCT
cjfa-48232	273	12	eur	eur	PROPN
cjfa-48232	273	13	-2,454.74	-2,454.74	X
cjfa-48232	273	14	eur	eur	PROPN
cjfa-48232	273	15	2018	2018	NUM
cjfa-48232	273	16	-5,554.75	-5,554.75	NUM
cjfa-48232	274	1	eur	eur	PROPN
cjfa-48232	274	2	-3,604.13	-3,604.13	PUNCT
cjfa-48232	274	3	eur	eur	PROPN
cjfa-48232	274	4	2019	2019	NUM
cjfa-48232	274	5	-5,292.52	-5,292.52	SYM
cjfa-48232	274	6	eur	eur	PROPN
cjfa-48232	274	7	-3,244.19	-3,244.19	ADJ
cjfa-48232	274	8	eur	eur	PROPN
cjfa-48232	274	9	2020	2020	NUM
cjfa-48232	274	10	-7,713.91	-7,713.91	X
cjfa-48232	274	11	eur	eur	PROPN
cjfa-48232	274	12	-7,694.73	-7,694.73	PUNCT
cjfa-48232	274	13	eur	eur	PROPN
cjfa-48232	274	14	2021	2021	NUM
cjfa-48232	274	15	-4,425.94	-4,425.94	NUM
cjfa-48232	274	16	eur	eur	PROPN
cjfa-48232	274	17	-3,333.95	-3,333.95	PUNCT
cjfa-48232	274	18	eur	eur	PROPN
cjfa-48232	274	19	2022	2022	NUM
cjfa-48232	274	20	-8,219.66	-8,219.66	SYM
cjfa-48232	274	21	eur	eur	PROPN
cjfa-48232	274	22	-5,384.54	-5,384.54	INTJ
cjfa-48232	274	23	eur	eur	PROPN
cjfa-48232	274	24	s	s	PROPN
cjfa-48232	274	25	o	o	NOUN
cjfa-48232	274	26	u	u	NOUN
cjfa-48232	274	27	r	r	NOUN
cjfa-48232	274	28	c	c	NOUN
cjfa-48232	274	29	e	e	NOUN
cjfa-48232	274	30	:	:	PUNCT
cjfa-48232	274	31	own	own	ADJ
cjfa-48232	274	32	study	study	NOUN
cjfa-48232	274	33	based	base	VERB
cjfa-48232	274	34	on	on	ADP
cjfa-48232	274	35	data	datum	NOUN
cjfa-48232	274	36	from	from	ADP
cjfa-48232	274	37	refinitiv	refinitiv	PROPN
cjfa-48232	274	38	.	.	PUNCT
cjfa-48232	275	1	to	to	PART
cjfa-48232	275	2	complete	complete	VERB
cjfa-48232	275	3	the	the	DET
cjfa-48232	275	4	risk	risk	NOUN
cjfa-48232	275	5	investigation	investigation	NOUN
cjfa-48232	275	6	the	the	DET
cjfa-48232	275	7	value	value	NOUN
cjfa-48232	275	8	at	at	ADP
cjfa-48232	275	9	risk	risk	NOUN
cjfa-48232	275	10	is	be	AUX
cjfa-48232	275	11	calculated	calculate	VERB
cjfa-48232	275	12	for	for	ADP
cjfa-48232	275	13	both	both	DET
cjfa-48232	275	14	indices	index	NOUN
cjfa-48232	275	15	and	and	CCONJ
cjfa-48232	275	16	presented	present	VERB
cjfa-48232	275	17	in	in	ADP
cjfa-48232	275	18	table	table	NOUN
cjfa-48232	275	19	9	9	NUM
cjfa-48232	275	20	.	.	PUNCT
cjfa-48232	276	1	this	this	DET
cjfa-48232	276	2	calculation	calculation	NOUN
cjfa-48232	276	3	was	be	AUX
cjfa-48232	276	4	based	base	VERB
cjfa-48232	276	5	on	on	ADP
cjfa-48232	276	6	an	an	DET
cjfa-48232	276	7	assumed	assumed	ADJ
cjfa-48232	276	8	investment	investment	NOUN
cjfa-48232	276	9	of	of	ADP
cjfa-48232	276	10	100,000	100,000	NUM
cjfa-48232	276	11	eur	eur	NOUN
cjfa-48232	276	12	,	,	PUNCT
cjfa-48232	276	13	a	a	DET
cjfa-48232	276	14	holding	hold	VERB
cjfa-48232	276	15	period	period	NOUN
cjfa-48232	276	16	of	of	ADP
cjfa-48232	276	17	5	5	NUM
cjfa-48232	276	18	days	day	NOUN
cjfa-48232	276	19	and	and	CCONJ
cjfa-48232	276	20	a	a	DET
cjfa-48232	276	21	confidence	confidence	NOUN
cjfa-48232	276	22	level	level	NOUN
cjfa-48232	276	23	of	of	ADP
cjfa-48232	276	24	5	5	NUM
cjfa-48232	276	25	%	%	NOUN
cjfa-48232	276	26	.	.	PUNCT
cjfa-48232	277	1	remarkably	remarkably	ADV
cjfa-48232	277	2	,	,	PUNCT
cjfa-48232	277	3	for	for	ADP
cjfa-48232	277	4	all	all	DET
cjfa-48232	277	5	years	year	NOUN
cjfa-48232	277	6	examined	examine	VERB
cjfa-48232	277	7	in	in	ADP
cjfa-48232	277	8	this	this	DET
cjfa-48232	277	9	study	study	NOUN
cjfa-48232	277	10	the	the	DET
cjfa-48232	277	11	value	value	NOUN
cjfa-48232	277	12	at	at	ADP
cjfa-48232	277	13	risk	risk	NOUN
cjfa-48232	277	14	for	for	ADP
cjfa-48232	277	15	the	the	DET
cjfa-48232	277	16	fcx	fcx	NOUN
cjfa-48232	277	17	is	be	AUX
cjfa-48232	277	18	higher	high	ADJ
cjfa-48232	277	19	than	than	ADP
cjfa-48232	277	20	for	for	ADP
cjfa-48232	277	21	the	the	DET
cjfa-48232	277	22	dax	dax	PROPN
cjfa-48232	277	23	,	,	PUNCT
cjfa-48232	277	24	which	which	PRON
cjfa-48232	277	25	is	be	AUX
cjfa-48232	277	26	consistent	consistent	ADJ
cjfa-48232	277	27	to	to	ADP
cjfa-48232	277	28	the	the	DET
cjfa-48232	277	29	volatility	volatility	NOUN
cjfa-48232	277	30	figures	figure	NOUN
cjfa-48232	277	31	,	,	PUNCT
cjfa-48232	277	32	which	which	PRON
cjfa-48232	277	33	are	be	AUX
cjfa-48232	277	34	higher	high	ADJ
cjfa-48232	277	35	for	for	ADP
cjfa-48232	277	36	the	the	DET
cjfa-48232	277	37	fcx	fcx	NOUN
cjfa-48232	277	38	than	than	ADP
cjfa-48232	277	39	for	for	ADP
cjfa-48232	277	40	the	the	DET
cjfa-48232	277	41	dax	dax	NOUN
cjfa-48232	277	42	in	in	ADP
cjfa-48232	277	43	all	all	DET
cjfa-48232	277	44	years	year	NOUN
cjfa-48232	277	45	,	,	PUNCT
cjfa-48232	277	46	too	too	ADV
cjfa-48232	277	47	.	.	PUNCT
cjfa-48232	278	1	but	but	CCONJ
cjfa-48232	278	2	the	the	DET
cjfa-48232	278	3	increase	increase	NOUN
cjfa-48232	278	4	in	in	ADP
cjfa-48232	278	5	value	value	NOUN
cjfa-48232	278	6	at	at	ADP
cjfa-48232	278	7	risk	risk	NOUN
cjfa-48232	278	8	in	in	ADP
cjfa-48232	278	9	the	the	DET
cjfa-48232	278	10	year	year	NOUN
cjfa-48232	278	11	2020	2020	NUM
cjfa-48232	278	12	compared	compare	VERB
cjfa-48232	278	13	to	to	ADP
cjfa-48232	278	14	the	the	DET
cjfa-48232	278	15	year	year	NOUN
cjfa-48232	278	16	2019	2019	NUM
cjfa-48232	278	17	for	for	ADP
cjfa-48232	278	18	the	the	DET
cjfa-48232	278	19	fcx	fcx	NOUN
cjfa-48232	278	20	is	be	AUX
cjfa-48232	278	21	only	only	ADV
cjfa-48232	278	22	146	146	NUM
cjfa-48232	278	23	%	%	NOUN
cjfa-48232	278	24	compared	compare	VERB
cjfa-48232	278	25	to	to	ADP
cjfa-48232	278	26	237	237	NUM
cjfa-48232	278	27	%	%	NOUN
cjfa-48232	278	28	for	for	ADP
cjfa-48232	278	29	the	the	DET
cjfa-48232	278	30	dax	dax	PROPN
cjfa-48232	278	31	.	.	PUNCT
cjfa-48232	279	1	this	this	PRON
cjfa-48232	279	2	again	again	ADV
cjfa-48232	279	3	shows	show	VERB
cjfa-48232	279	4	the	the	DET
cjfa-48232	279	5	higher	high	ADJ
cjfa-48232	279	6	resilience	resilience	NOUN
cjfa-48232	279	7	of	of	ADP
cjfa-48232	279	8	the	the	DET
cjfa-48232	279	9	fcx	fcx	NOUN
cjfa-48232	279	10	in	in	ADP
cjfa-48232	279	11	this	this	DET
cjfa-48232	279	12	crisis	crisis	NOUN
cjfa-48232	279	13	.	.	PUNCT
cjfa-48232	280	1	in	in	ADP
cjfa-48232	280	2	the	the	DET
cjfa-48232	280	3	years	year	NOUN
cjfa-48232	280	4	after	after	ADP
cjfa-48232	280	5	2020	2020	NUM
cjfa-48232	280	6	the	the	DET
cjfa-48232	280	7	value	value	NOUN
cjfa-48232	280	8	at	at	ADP
cjfa-48232	280	9	risk	risk	NOUN
cjfa-48232	280	10	confirms	confirm	VERB
cjfa-48232	280	11	the	the	DET
cjfa-48232	280	12	results	result	NOUN
cjfa-48232	280	13	from	from	ADP
cjfa-48232	280	14	the	the	DET
cjfa-48232	280	15	volatility	volatility	NOUN
cjfa-48232	280	16	analysis	analysis	NOUN
cjfa-48232	280	17	and	and	CCONJ
cjfa-48232	280	18	shows	show	VERB
cjfa-48232	280	19	a	a	DET
cjfa-48232	280	20	higher	high	ADJ
cjfa-48232	280	21	risk	risk	NOUN
cjfa-48232	280	22	for	for	ADP
cjfa-48232	280	23	the	the	DET
cjfa-48232	280	24	fcx	fcx	NOUN
cjfa-48232	280	25	in	in	ADP
cjfa-48232	280	26	relation	relation	NOUN
cjfa-48232	280	27	to	to	ADP
cjfa-48232	280	28	the	the	DET
cjfa-48232	280	29	dax	dax	PROPN
cjfa-48232	280	30	.	.	PUNCT
cjfa-48232	281	1	the	the	DET
cjfa-48232	281	2	synchronous	synchronous	ADJ
cjfa-48232	281	3	results	result	NOUN
cjfa-48232	281	4	for	for	ADP
cjfa-48232	281	5	volatility	volatility	NOUN
cjfa-48232	281	6	and	and	CCONJ
cjfa-48232	281	7	value	value	NOUN
cjfa-48232	281	8	at	at	ADP
cjfa-48232	281	9	risk	risk	NOUN
cjfa-48232	281	10	are	be	AUX
cjfa-48232	281	11	a	a	DET
cjfa-48232	281	12	compelling	compelling	ADJ
cjfa-48232	281	13	consequence	consequence	NOUN
cjfa-48232	281	14	from	from	ADP
cjfa-48232	281	15	the	the	DET
cjfa-48232	281	16	calculation	calculation	NOUN
cjfa-48232	281	17	of	of	ADP
cjfa-48232	281	18	the	the	DET
cjfa-48232	281	19	value	value	NOUN
cjfa-48232	281	20	at	at	ADP
cjfa-48232	281	21	risk	risk	NOUN
cjfa-48232	281	22	figures	figure	NOUN
cjfa-48232	281	23	using	use	VERB
cjfa-48232	281	24	the	the	DET
cjfa-48232	281	25	variancecovariance	variancecovariance	NOUN
cjfa-48232	281	26	-	-	PUNCT
cjfa-48232	281	27	approach	approach	NOUN
cjfa-48232	281	28	.	.	PUNCT
cjfa-48232	282	1	to	to	PART
cjfa-48232	282	2	combine	combine	VERB
cjfa-48232	282	3	the	the	DET
cjfa-48232	282	4	return	return	NOUN
cjfa-48232	282	5	and	and	CCONJ
cjfa-48232	282	6	the	the	DET
cjfa-48232	282	7	risk	risk	NOUN
cjfa-48232	282	8	the	the	DET
cjfa-48232	282	9	performance	performance	NOUN
cjfa-48232	282	10	in	in	ADP
cjfa-48232	282	11	terms	term	NOUN
cjfa-48232	282	12	of	of	ADP
cjfa-48232	282	13	the	the	DET
cjfa-48232	282	14	sharpe	sharpe	PROPN
cjfa-48232	282	15	ratio	ratio	NOUN
cjfa-48232	282	16	,	,	PUNCT
cjfa-48232	282	17	this	this	DET
cjfa-48232	282	18	key	key	ADJ
cjfa-48232	282	19	figure	figure	NOUN
cjfa-48232	282	20	will	will	AUX
cjfa-48232	282	21	be	be	AUX
cjfa-48232	282	22	investigated	investigate	VERB
cjfa-48232	282	23	to	to	PART
cjfa-48232	282	24	conclude	conclude	VERB
cjfa-48232	282	25	this	this	DET
cjfa-48232	282	26	analysis	analysis	NOUN
cjfa-48232	282	27	.	.	PUNCT
cjfa-48232	283	1	tanja	tanja	NOUN
cjfa-48232	283	2	sinha9494	sinha9494	PROPN
cjfa-48232	283	3	table	table	NOUN
cjfa-48232	283	4	10	10	NUM
cjfa-48232	283	5	.	.	PUNCT
cjfa-48232	284	1	sharpe	sharpe	PROPN
cjfa-48232	284	2	ratio	ratio	PROPN
cjfa-48232	284	3	year	year	PROPN
cjfa-48232	284	4	fcx	fcx	PROPN
cjfa-48232	284	5	dax	dax	PROPN
cjfa-48232	284	6	2017	2017	NUM
cjfa-48232	284	7	144.25	144.25	NUM
cjfa-48232	284	8	%	%	NOUN
cjfa-48232	284	9	111.28	111.28	NUM
cjfa-48232	284	10	%	%	NOUN
cjfa-48232	284	11	2018	2018	NUM
cjfa-48232	284	12	-201.30	-201.30	NOUN
cjfa-48232	284	13	%	%	NOUN
cjfa-48232	285	1	-129.87	-129.87	PROPN
cjfa-48232	285	2	%	%	NOUN
cjfa-48232	285	3	2019	2019	NUM
cjfa-48232	285	4	127.47	127.47	NUM
cjfa-48232	285	5	%	%	NOUN
cjfa-48232	285	6	162.40	162.40	NUM
cjfa-48232	285	7	%	%	NOUN
cjfa-48232	285	8	2020	2020	NUM
cjfa-48232	285	9	69.25	69.25	NUM
cjfa-48232	285	10	%	%	NOUN
cjfa-48232	285	11	10.45	10.45	NUM
cjfa-48232	285	12	%	%	NOUN
cjfa-48232	285	13	2021	2021	NUM
cjfa-48232	285	14	-68.92	-68.92	NUM
cjfa-48232	285	15	%	%	NOUN
cjfa-48232	285	16	101.28	101.28	NUM
cjfa-48232	285	17	%	%	NOUN
cjfa-48232	285	18	2022	2022	NUM
cjfa-48232	285	19	-147.24	-147.24	NOUN
cjfa-48232	285	20	%	%	NOUN
cjfa-48232	285	21	-56.15	-56.15	NOUN
cjfa-48232	285	22	%	%	NOUN
cjfa-48232	285	23	s	s	PART
cjfa-48232	285	24	o	o	NOUN
cjfa-48232	285	25	u	u	NOUN
cjfa-48232	285	26	r	r	NOUN
cjfa-48232	285	27	c	c	NOUN
cjfa-48232	285	28	e	e	NOUN
cjfa-48232	285	29	:	:	PUNCT
cjfa-48232	285	30	own	own	ADJ
cjfa-48232	285	31	study	study	NOUN
cjfa-48232	285	32	based	base	VERB
cjfa-48232	285	33	on	on	ADP
cjfa-48232	285	34	data	datum	NOUN
cjfa-48232	285	35	from	from	ADP
cjfa-48232	285	36	refinitiv	refinitiv	PROPN
cjfa-48232	285	37	.	.	PUNCT
cjfa-48232	286	1	as	as	SCONJ
cjfa-48232	286	2	shown	show	VERB
cjfa-48232	286	3	in	in	ADP
cjfa-48232	286	4	table	table	NOUN
cjfa-48232	286	5	10	10	NUM
cjfa-48232	286	6	,	,	PUNCT
cjfa-48232	286	7	the	the	DET
cjfa-48232	286	8	performance	performance	NOUN
cjfa-48232	286	9	of	of	ADP
cjfa-48232	286	10	both	both	DET
cjfa-48232	286	11	indices	index	NOUN
cjfa-48232	286	12	measured	measure	VERB
cjfa-48232	286	13	by	by	ADP
cjfa-48232	286	14	the	the	DET
cjfa-48232	286	15	sharpe	sharpe	PROPN
cjfa-48232	286	16	ratio	ratio	PROPN
cjfa-48232	286	17	shows	show	VERB
cjfa-48232	286	18	a	a	DET
cjfa-48232	286	19	similar	similar	ADJ
cjfa-48232	286	20	picture	picture	NOUN
cjfa-48232	286	21	as	as	ADP
cjfa-48232	286	22	the	the	DET
cjfa-48232	286	23	return	return	NOUN
cjfa-48232	286	24	figures	figure	NOUN
cjfa-48232	286	25	.	.	PUNCT
cjfa-48232	287	1	in	in	ADP
cjfa-48232	287	2	the	the	DET
cjfa-48232	287	3	years	year	NOUN
cjfa-48232	287	4	before	before	ADP
cjfa-48232	287	5	the	the	DET
cjfa-48232	287	6	covid	covid	NOUN
cjfa-48232	287	7	-	-	PUNCT
cjfa-48232	287	8	crisis	crisis	NOUN
cjfa-48232	287	9	the	the	DET
cjfa-48232	287	10	fcx	fcx	NOUN
cjfa-48232	287	11	indicates	indicate	VERB
cjfa-48232	287	12	higher	high	ADJ
cjfa-48232	287	13	fluctuations	fluctuation	NOUN
cjfa-48232	287	14	:	:	PUNCT
cjfa-48232	287	15	higher	high	ADJ
cjfa-48232	287	16	sharpe	sharpe	PROPN
cjfa-48232	287	17	ratios	ratio	NOUN
cjfa-48232	287	18	in	in	ADP
cjfa-48232	287	19	successful	successful	ADJ
cjfa-48232	287	20	years	year	NOUN
cjfa-48232	287	21	,	,	PUNCT
cjfa-48232	287	22	a	a	DET
cjfa-48232	287	23	lower	low	ADJ
cjfa-48232	287	24	one	one	NOUN
cjfa-48232	287	25	in	in	ADP
cjfa-48232	287	26	the	the	DET
cjfa-48232	287	27	bad	bad	ADJ
cjfa-48232	287	28	year	year	NOUN
cjfa-48232	287	29	2018	2018	NUM
cjfa-48232	287	30	.	.	PUNCT
cjfa-48232	288	1	as	as	ADV
cjfa-48232	288	2	well	well	ADV
cjfa-48232	288	3	as	as	ADP
cjfa-48232	288	4	the	the	DET
cjfa-48232	288	5	return	return	NOUN
cjfa-48232	288	6	in	in	ADP
cjfa-48232	288	7	the	the	DET
cjfa-48232	288	8	year	year	NOUN
cjfa-48232	288	9	2020	2020	NUM
cjfa-48232	288	10	the	the	DET
cjfa-48232	288	11	sharpe	sharpe	PROPN
cjfa-48232	288	12	ratio	ratio	NOUN
cjfa-48232	288	13	for	for	ADP
cjfa-48232	288	14	the	the	DET
cjfa-48232	288	15	fcx	fcx	NOUN
cjfa-48232	288	16	exceeded	exceed	VERB
cjfa-48232	288	17	the	the	DET
cjfa-48232	288	18	dax	dax	NOUN
cjfa-48232	288	19	by	by	ADP
cjfa-48232	288	20	about	about	ADV
cjfa-48232	288	21	660	660	NUM
cjfa-48232	288	22	%	%	NOUN
cjfa-48232	288	23	,	,	PUNCT
cjfa-48232	288	24	which	which	PRON
cjfa-48232	288	25	is	be	AUX
cjfa-48232	288	26	the	the	DET
cjfa-48232	288	27	same	same	ADJ
cjfa-48232	288	28	range	range	NOUN
cjfa-48232	288	29	as	as	ADP
cjfa-48232	288	30	the	the	DET
cjfa-48232	288	31	return	return	NOUN
cjfa-48232	288	32	.	.	PUNCT
cjfa-48232	289	1	this	this	PRON
cjfa-48232	289	2	is	be	AUX
cjfa-48232	289	3	because	because	SCONJ
cjfa-48232	289	4	of	of	ADP
cjfa-48232	289	5	the	the	DET
cjfa-48232	289	6	low	low	ADJ
cjfa-48232	289	7	interest	interest	NOUN
cjfa-48232	289	8	rate	rate	NOUN
cjfa-48232	289	9	phase	phase	NOUN
cjfa-48232	289	10	the	the	DET
cjfa-48232	289	11	riskless	riskless	NOUN
cjfa-48232	289	12	interest	interest	NOUN
cjfa-48232	289	13	rate	rate	NOUN
cjfa-48232	289	14	was	be	AUX
cjfa-48232	289	15	assumed	assume	VERB
cjfa-48232	289	16	to	to	PART
cjfa-48232	289	17	be	be	AUX
cjfa-48232	289	18	0	0	NUM
cjfa-48232	289	19	%	%	NOUN
cjfa-48232	289	20	p.a	p.a	PROPN
cjfa-48232	289	21	.	.	PROPN
cjfa-48232	290	1	and	and	CCONJ
cjfa-48232	290	2	the	the	DET
cjfa-48232	290	3	volatility	volatility	NOUN
cjfa-48232	290	4	of	of	ADP
cjfa-48232	290	5	fcx	fcx	PROPN
cjfa-48232	290	6	and	and	CCONJ
cjfa-48232	290	7	dax	dax	PROPN
cjfa-48232	290	8	almost	almost	ADV
cjfa-48232	290	9	matched	match	VERB
cjfa-48232	290	10	.	.	PUNCT
cjfa-48232	291	1	consequently	consequently	ADV
cjfa-48232	291	2	,	,	PUNCT
cjfa-48232	291	3	the	the	DET
cjfa-48232	291	4	relation	relation	NOUN
cjfa-48232	291	5	must	must	AUX
cjfa-48232	291	6	be	be	AUX
cjfa-48232	291	7	the	the	DET
cjfa-48232	291	8	same	same	ADJ
cjfa-48232	291	9	as	as	ADP
cjfa-48232	291	10	for	for	ADP
cjfa-48232	291	11	the	the	DET
cjfa-48232	291	12	returns	return	NOUN
cjfa-48232	291	13	.	.	PUNCT
cjfa-48232	292	1	in	in	ADP
cjfa-48232	292	2	the	the	DET
cjfa-48232	292	3	years	year	NOUN
cjfa-48232	292	4	following	follow	VERB
cjfa-48232	292	5	the	the	DET
cjfa-48232	292	6	crisis	crisis	NOUN
cjfa-48232	292	7	the	the	DET
cjfa-48232	292	8	fcx	fcx	NOUN
cjfa-48232	292	9	was	be	AUX
cjfa-48232	292	10	not	not	PART
cjfa-48232	292	11	able	able	ADJ
cjfa-48232	292	12	to	to	PART
cjfa-48232	292	13	keep	keep	VERB
cjfa-48232	292	14	the	the	DET
cjfa-48232	292	15	good	good	ADJ
cjfa-48232	292	16	performance	performance	NOUN
cjfa-48232	292	17	of	of	ADP
cjfa-48232	292	18	2020	2020	NUM
cjfa-48232	292	19	and	and	CCONJ
cjfa-48232	292	20	achieved	achieve	VERB
cjfa-48232	292	21	worse	bad	ADJ
cjfa-48232	292	22	,	,	PUNCT
cjfa-48232	292	23	and	and	CCONJ
cjfa-48232	292	24	even	even	ADV
cjfa-48232	292	25	negative	negative	ADJ
cjfa-48232	292	26	,	,	PUNCT
cjfa-48232	292	27	results	result	NOUN
cjfa-48232	292	28	than	than	ADP
cjfa-48232	292	29	the	the	DET
cjfa-48232	292	30	dax	dax	PROPN
cjfa-48232	292	31	.	.	PUNCT
cjfa-48232	293	1	final	final	ADJ
cjfa-48232	293	2	conclusions	conclusion	NOUN
cjfa-48232	293	3	and	and	CCONJ
cjfa-48232	293	4	discussionfinal	discussionfinal	ADJ
cjfa-48232	293	5	conclusions	conclusion	NOUN
cjfa-48232	293	6	and	and	CCONJ
cjfa-48232	293	7	discussion	discussion	NOUN
cjfa-48232	293	8	to	to	PART
cjfa-48232	293	9	answer	answer	VERB
cjfa-48232	293	10	the	the	DET
cjfa-48232	293	11	question	question	NOUN
cjfa-48232	293	12	of	of	ADP
cjfa-48232	293	13	research	research	NOUN
cjfa-48232	293	14	,	,	PUNCT
cjfa-48232	293	15	this	this	DET
cjfa-48232	293	16	study	study	NOUN
cjfa-48232	293	17	investigated	investigate	VERB
cjfa-48232	293	18	the	the	DET
cjfa-48232	293	19	performance	performance	NOUN
cjfa-48232	293	20	of	of	ADP
cjfa-48232	293	21	firms	firm	NOUN
cjfa-48232	293	22	with	with	ADP
cjfa-48232	293	23	mainly	mainly	ADV
cjfa-48232	293	24	female	female	ADJ
cjfa-48232	293	25	members	member	NOUN
cjfa-48232	293	26	on	on	ADP
cjfa-48232	293	27	the	the	DET
cjfa-48232	293	28	board	board	NOUN
cjfa-48232	293	29	before	before	ADP
cjfa-48232	293	30	and	and	CCONJ
cjfa-48232	293	31	during	during	ADP
cjfa-48232	293	32	the	the	DET
cjfa-48232	293	33	time	time	NOUN
cjfa-48232	293	34	of	of	ADP
cjfa-48232	293	35	the	the	DET
cjfa-48232	293	36	covid-19	covid-19	PROPN
cjfa-48232	293	37	crisis	crisis	NOUN
cjfa-48232	293	38	.	.	PUNCT
cjfa-48232	294	1	therefore	therefore	ADV
cjfa-48232	294	2	,	,	PUNCT
cjfa-48232	294	3	the	the	DET
cjfa-48232	294	4	fcx	fcx	NOUN
cjfa-48232	294	5	-	-	PUNCT
cjfa-48232	294	6	index	index	NOUN
cjfa-48232	294	7	was	be	AUX
cjfa-48232	294	8	conducted	conduct	VERB
cjfa-48232	294	9	from	from	ADP
cjfa-48232	294	10	the	the	DET
cjfa-48232	294	11	companies	company	NOUN
cjfa-48232	294	12	with	with	ADP
cjfa-48232	294	13	at	at	ADV
cjfa-48232	294	14	least	least	ADV
cjfa-48232	294	15	50	50	NUM
cjfa-48232	294	16	%	%	NOUN
cjfa-48232	294	17	women	woman	NOUN
cjfa-48232	294	18	on	on	ADP
cjfa-48232	294	19	the	the	DET
cjfa-48232	294	20	board	board	NOUN
cjfa-48232	294	21	,	,	PUNCT
cjfa-48232	294	22	having	have	VERB
cjfa-48232	294	23	their	their	PRON
cjfa-48232	294	24	respective	respective	ADJ
cjfa-48232	294	25	headquarter	headquarter	NOUN
cjfa-48232	294	26	in	in	ADP
cjfa-48232	294	27	germany	germany	PROPN
cjfa-48232	294	28	and	and	CCONJ
cjfa-48232	294	29	being	be	AUX
cjfa-48232	294	30	traded	trade	VERB
cjfa-48232	294	31	on	on	ADP
cjfa-48232	294	32	the	the	DET
cjfa-48232	294	33	frankfurt	frankfurt	PROPN
cjfa-48232	294	34	stock	stock	PROPN
cjfa-48232	294	35	exchange	exchange	PROPN
cjfa-48232	294	36	.	.	PUNCT
cjfa-48232	295	1	subsequently	subsequently	ADV
cjfa-48232	295	2	,	,	PUNCT
cjfa-48232	295	3	key	key	ADJ
cjfa-48232	295	4	figures	figure	NOUN
cjfa-48232	295	5	regarding	regard	VERB
cjfa-48232	295	6	return	return	NOUN
cjfa-48232	295	7	,	,	PUNCT
cjfa-48232	295	8	risk	risk	NOUN
cjfa-48232	295	9	and	and	CCONJ
cjfa-48232	295	10	performance	performance	NOUN
cjfa-48232	295	11	were	be	AUX
cjfa-48232	295	12	calculated	calculate	VERB
cjfa-48232	295	13	and	and	CCONJ
cjfa-48232	295	14	compared	compare	VERB
cjfa-48232	295	15	to	to	ADP
cjfa-48232	295	16	the	the	DET
cjfa-48232	295	17	results	result	NOUN
cjfa-48232	295	18	for	for	ADP
cjfa-48232	295	19	the	the	DET
cjfa-48232	295	20	dax	dax	PROPN
cjfa-48232	295	21	as	as	ADP
cjfa-48232	295	22	a	a	DET
cjfa-48232	295	23	proxy	proxy	NOUN
cjfa-48232	295	24	for	for	ADP
cjfa-48232	295	25	mainly	mainly	ADV
cjfa-48232	295	26	male	male	ADJ
cjfa-48232	295	27	managed	manage	VERB
cjfa-48232	295	28	companies	company	NOUN
cjfa-48232	295	29	.	.	PUNCT
cjfa-48232	296	1	the	the	DET
cjfa-48232	296	2	role	role	NOUN
cjfa-48232	296	3	of	of	ADP
cjfa-48232	296	4	female	female	ADJ
cjfa-48232	296	5	leadership	leadership	NOUN
cjfa-48232	296	6	in	in	ADP
cjfa-48232	296	7	times	time	NOUN
cjfa-48232	296	8	of	of	ADP
cjfa-48232	296	9	financial	financial	ADJ
cjfa-48232	296	10	crisis	crisis	NOUN
cjfa-48232	296	11	…	…	PUNCT
cjfa-48232	296	12	9595	9595	NUM
cjfa-48232	296	13	the	the	DET
cjfa-48232	296	14	results	result	NOUN
cjfa-48232	296	15	show	show	VERB
cjfa-48232	296	16	that	that	SCONJ
cjfa-48232	296	17	from	from	ADP
cjfa-48232	296	18	a	a	DET
cjfa-48232	296	19	return	return	NOUN
cjfa-48232	296	20	perspective	perspective	NOUN
cjfa-48232	296	21	in	in	ADP
cjfa-48232	296	22	the	the	DET
cjfa-48232	296	23	years	year	NOUN
cjfa-48232	296	24	before	before	ADP
cjfa-48232	296	25	the	the	DET
cjfa-48232	296	26	crisis	crisis	NOUN
cjfa-48232	296	27	the	the	DET
cjfa-48232	296	28	fcx	fcx	PROPN
cjfa-48232	296	29	achieved	achieve	VERB
cjfa-48232	296	30	–	–	PUNCT
cjfa-48232	296	31	compared	compare	VERB
cjfa-48232	296	32	to	to	ADP
cjfa-48232	296	33	the	the	DET
cjfa-48232	296	34	dax	dax	X
cjfa-48232	296	35	higher	high	ADJ
cjfa-48232	296	36	returns	return	NOUN
cjfa-48232	296	37	in	in	ADP
cjfa-48232	296	38	the	the	DET
cjfa-48232	296	39	good	good	ADJ
cjfa-48232	296	40	years	year	NOUN
cjfa-48232	296	41	2017	2017	NUM
cjfa-48232	296	42	and	and	CCONJ
cjfa-48232	296	43	2019	2019	NUM
cjfa-48232	296	44	and	and	CCONJ
cjfa-48232	296	45	a	a	DET
cjfa-48232	296	46	worse	bad	ADJ
cjfa-48232	296	47	return	return	NOUN
cjfa-48232	296	48	in	in	ADP
cjfa-48232	296	49	the	the	DET
cjfa-48232	296	50	bad	bad	ADJ
cjfa-48232	296	51	year	year	NOUN
cjfa-48232	296	52	2018	2018	NUM
cjfa-48232	296	53	.	.	PUNCT
cjfa-48232	297	1	in	in	ADP
cjfa-48232	297	2	the	the	DET
cjfa-48232	297	3	year	year	NOUN
cjfa-48232	297	4	of	of	ADP
cjfa-48232	297	5	the	the	DET
cjfa-48232	297	6	crisis	crisis	NOUN
cjfa-48232	297	7	the	the	DET
cjfa-48232	297	8	fcx	fcx	PROPN
cjfa-48232	297	9	had	have	VERB
cjfa-48232	297	10	a	a	DET
cjfa-48232	297	11	much	much	ADV
cjfa-48232	297	12	higher	high	ADJ
cjfa-48232	297	13	return	return	NOUN
cjfa-48232	297	14	,	,	PUNCT
cjfa-48232	297	15	whereas	whereas	SCONJ
cjfa-48232	297	16	in	in	ADP
cjfa-48232	297	17	the	the	DET
cjfa-48232	297	18	years	year	NOUN
cjfa-48232	297	19	afterwards	afterwards	ADV
cjfa-48232	297	20	the	the	DET
cjfa-48232	297	21	results	result	NOUN
cjfa-48232	297	22	were	be	AUX
cjfa-48232	297	23	much	much	ADV
cjfa-48232	297	24	worse	bad	ADJ
cjfa-48232	297	25	.	.	PUNCT
cjfa-48232	298	1	from	from	ADP
cjfa-48232	298	2	a	a	DET
cjfa-48232	298	3	risk	risk	NOUN
cjfa-48232	298	4	perspective	perspective	NOUN
cjfa-48232	298	5	the	the	DET
cjfa-48232	298	6	figures	figure	NOUN
cjfa-48232	298	7	show	show	VERB
cjfa-48232	298	8	that	that	SCONJ
cjfa-48232	298	9	the	the	DET
cjfa-48232	298	10	fcx	fcx	PROPN
cjfa-48232	298	11	shows	show	VERB
cjfa-48232	298	12	a	a	DET
cjfa-48232	298	13	higher	high	ADJ
cjfa-48232	298	14	risk	risk	NOUN
cjfa-48232	298	15	in	in	ADP
cjfa-48232	298	16	normal	normal	ADJ
cjfa-48232	298	17	times	time	NOUN
cjfa-48232	298	18	,	,	PUNCT
cjfa-48232	298	19	whereas	whereas	SCONJ
cjfa-48232	298	20	in	in	ADP
cjfa-48232	298	21	the	the	DET
cjfa-48232	298	22	year	year	NOUN
cjfa-48232	298	23	of	of	ADP
cjfa-48232	298	24	the	the	DET
cjfa-48232	298	25	pandemic	pandemic	ADJ
cjfa-48232	298	26	2020	2020	NUM
cjfa-48232	298	27	,	,	PUNCT
cjfa-48232	298	28	the	the	DET
cjfa-48232	298	29	risk	risk	NOUN
cjfa-48232	298	30	is	be	AUX
cjfa-48232	298	31	comparably	comparably	ADV
cjfa-48232	298	32	lower	low	ADJ
cjfa-48232	298	33	than	than	SCONJ
cjfa-48232	298	34	measured	measure	VERB
cjfa-48232	298	35	by	by	ADP
cjfa-48232	298	36	the	the	DET
cjfa-48232	298	37	dax	dax	PROPN
cjfa-48232	298	38	.	.	PUNCT
cjfa-48232	299	1	only	only	ADV
cjfa-48232	299	2	the	the	DET
cjfa-48232	299	3	betas	beta	NOUN
cjfa-48232	299	4	show	show	NOUN
cjfa-48232	299	5	(	(	PUNCT
cjfa-48232	299	6	except	except	SCONJ
cjfa-48232	299	7	in	in	ADP
cjfa-48232	299	8	2022	2022	NUM
cjfa-48232	299	9	)	)	PUNCT
cjfa-48232	299	10	lower	low	ADJ
cjfa-48232	299	11	values	value	NOUN
cjfa-48232	299	12	for	for	ADP
cjfa-48232	299	13	the	the	DET
cjfa-48232	299	14	fcx	fcx	NOUN
cjfa-48232	299	15	than	than	ADP
cjfa-48232	299	16	for	for	ADP
cjfa-48232	299	17	the	the	DET
cjfa-48232	299	18	dax	dax	PROPN
cjfa-48232	299	19	,	,	PUNCT
cjfa-48232	299	20	with	with	ADP
cjfa-48232	299	21	the	the	DET
cjfa-48232	299	22	betas	beta	NOUN
cjfa-48232	299	23	of	of	ADP
cjfa-48232	299	24	the	the	DET
cjfa-48232	299	25	fcx	fcx	NOUN
cjfa-48232	299	26	even	even	ADV
cjfa-48232	299	27	showing	show	VERB
cjfa-48232	299	28	a	a	DET
cjfa-48232	299	29	lower	low	ADJ
cjfa-48232	299	30	risk	risk	NOUN
cjfa-48232	299	31	than	than	ADP
cjfa-48232	299	32	the	the	DET
cjfa-48232	299	33	market	market	NOUN
cjfa-48232	299	34	(	(	PUNCT
cjfa-48232	299	35	for	for	ADP
cjfa-48232	299	36	which	which	PRON
cjfa-48232	299	37	in	in	ADP
cjfa-48232	299	38	this	this	DET
cjfa-48232	299	39	study	study	NOUN
cjfa-48232	299	40	the	the	DET
cjfa-48232	299	41	cdax	cdax	PROPN
cjfa-48232	299	42	was	be	AUX
cjfa-48232	299	43	used	use	VERB
cjfa-48232	299	44	as	as	ADP
cjfa-48232	299	45	a	a	DET
cjfa-48232	299	46	proxy	proxy	NOUN
cjfa-48232	299	47	)	)	PUNCT
cjfa-48232	299	48	.	.	PUNCT
cjfa-48232	300	1	the	the	DET
cjfa-48232	300	2	sharpe	sharpe	PROPN
cjfa-48232	300	3	ratio	ratio	NOUN
cjfa-48232	300	4	as	as	ADP
cjfa-48232	300	5	performance	performance	NOUN
cjfa-48232	300	6	measure	measure	NOUN
cjfa-48232	300	7	confirms	confirm	VERB
cjfa-48232	300	8	the	the	DET
cjfa-48232	300	9	results	result	NOUN
cjfa-48232	300	10	of	of	ADP
cjfa-48232	300	11	the	the	DET
cjfa-48232	300	12	return	return	NOUN
cjfa-48232	300	13	and	and	CCONJ
cjfa-48232	300	14	risk	risk	VERB
cjfa-48232	300	15	analysis	analysis	NOUN
cjfa-48232	300	16	and	and	CCONJ
cjfa-48232	300	17	shows	show	VERB
cjfa-48232	300	18	the	the	DET
cjfa-48232	300	19	fcx	fcx	NOUN
cjfa-48232	300	20	to	to	PART
cjfa-48232	300	21	be	be	AUX
cjfa-48232	300	22	superior	superior	ADJ
cjfa-48232	300	23	to	to	ADP
cjfa-48232	300	24	the	the	DET
cjfa-48232	300	25	dax	dax	NOUN
cjfa-48232	300	26	in	in	ADP
cjfa-48232	300	27	the	the	DET
cjfa-48232	300	28	year	year	NOUN
cjfa-48232	300	29	of	of	ADP
cjfa-48232	300	30	the	the	DET
cjfa-48232	300	31	crisis	crisis	NOUN
cjfa-48232	300	32	as	as	ADV
cjfa-48232	300	33	well	well	ADV
cjfa-48232	300	34	as	as	ADP
cjfa-48232	300	35	lower	low	ADJ
cjfa-48232	300	36	values	value	NOUN
cjfa-48232	300	37	in	in	ADP
cjfa-48232	300	38	most	most	ADJ
cjfa-48232	300	39	other	other	ADJ
cjfa-48232	300	40	years	year	NOUN
cjfa-48232	300	41	.	.	PUNCT
cjfa-48232	301	1	the	the	DET
cjfa-48232	301	2	results	result	NOUN
cjfa-48232	301	3	in	in	ADP
cjfa-48232	301	4	the	the	DET
cjfa-48232	301	5	normal	normal	ADJ
cjfa-48232	301	6	years	year	NOUN
cjfa-48232	301	7	contrast	contrast	VERB
cjfa-48232	301	8	with	with	ADP
cjfa-48232	301	9	the	the	DET
cjfa-48232	301	10	statements	statement	NOUN
cjfa-48232	301	11	that	that	PRON
cjfa-48232	301	12	women	woman	NOUN
cjfa-48232	301	13	are	be	AUX
cjfa-48232	301	14	considered	consider	VERB
cjfa-48232	301	15	to	to	PART
cjfa-48232	301	16	be	be	AUX
cjfa-48232	301	17	more	more	ADJ
cjfa-48232	301	18	risk	risk	NOUN
cjfa-48232	301	19	-	-	PUNCT
cjfa-48232	301	20	averse	averse	ADJ
cjfa-48232	301	21	than	than	ADP
cjfa-48232	301	22	men	man	NOUN
cjfa-48232	301	23	respectively	respectively	ADV
cjfa-48232	301	24	that	that	SCONJ
cjfa-48232	301	25	men	man	NOUN
cjfa-48232	301	26	have	have	VERB
cjfa-48232	301	27	a	a	DET
cjfa-48232	301	28	higher	high	ADJ
cjfa-48232	301	29	risk	risk	NOUN
cjfa-48232	301	30	-	-	PUNCT
cjfa-48232	301	31	taking	take	VERB
cjfa-48232	301	32	behavior	behavior	NOUN
cjfa-48232	301	33	(	(	PUNCT
cjfa-48232	301	34	byrnes	byrnes	PROPN
cjfa-48232	301	35	,	,	PUNCT
cjfa-48232	301	36	miller	miller	PROPN
cjfa-48232	301	37	&	&	CCONJ
cjfa-48232	301	38	schafer	schafer	PROPN
cjfa-48232	301	39	1999	1999	NUM
cjfa-48232	301	40	)	)	PUNCT
cjfa-48232	301	41	.	.	PUNCT
cjfa-48232	302	1	but	but	CCONJ
cjfa-48232	302	2	as	as	SCONJ
cjfa-48232	302	3	this	this	PRON
cjfa-48232	302	4	is	be	AUX
cjfa-48232	302	5	derived	derive	VERB
cjfa-48232	302	6	of	of	ADP
cjfa-48232	302	7	an	an	DET
cjfa-48232	302	8	analysis	analysis	NOUN
cjfa-48232	302	9	of	of	ADP
cjfa-48232	302	10	the	the	DET
cjfa-48232	302	11	population	population	NOUN
cjfa-48232	302	12	in	in	ADP
cjfa-48232	302	13	total	total	NOUN
cjfa-48232	302	14	,	,	PUNCT
cjfa-48232	302	15	it	it	PRON
cjfa-48232	302	16	could	could	AUX
cjfa-48232	302	17	be	be	AUX
cjfa-48232	302	18	an	an	DET
cjfa-48232	302	19	explanation	explanation	NOUN
cjfa-48232	302	20	that	that	SCONJ
cjfa-48232	302	21	women	woman	NOUN
cjfa-48232	302	22	must	must	AUX
cjfa-48232	302	23	adapt	adapt	VERB
cjfa-48232	302	24	to	to	ADP
cjfa-48232	302	25	male	male	ADJ
cjfa-48232	302	26	behaviors	behavior	NOUN
cjfa-48232	302	27	to	to	PART
cjfa-48232	302	28	get	get	AUX
cjfa-48232	302	29	promoted	promote	VERB
cjfa-48232	302	30	to	to	ADP
cjfa-48232	302	31	leading	lead	VERB
cjfa-48232	302	32	positions	position	NOUN
cjfa-48232	302	33	in	in	ADP
cjfa-48232	302	34	a	a	DET
cjfa-48232	302	35	firm	firm	NOUN
cjfa-48232	302	36	.	.	PUNCT
cjfa-48232	303	1	this	this	PRON
cjfa-48232	303	2	was	be	AUX
cjfa-48232	303	3	also	also	ADV
cjfa-48232	303	4	figured	figure	VERB
cjfa-48232	303	5	out	out	ADP
cjfa-48232	303	6	by	by	ADP
cjfa-48232	303	7	adams	adams	PROPN
cjfa-48232	303	8	&	&	CCONJ
cjfa-48232	303	9	funk	funk	NOUN
cjfa-48232	303	10	(	(	PUNCT
cjfa-48232	303	11	2012	2012	NUM
cjfa-48232	303	12	)	)	PUNCT
cjfa-48232	303	13	in	in	ADP
cjfa-48232	303	14	examining	examine	VERB
cjfa-48232	303	15	the	the	DET
cjfa-48232	303	16	risk	risk	NOUN
cjfa-48232	303	17	-	-	PUNCT
cjfa-48232	303	18	aversion	aversion	NOUN
cjfa-48232	303	19	of	of	ADP
cjfa-48232	303	20	directors	director	NOUN
cjfa-48232	303	21	.	.	PUNCT
cjfa-48232	304	1	the	the	DET
cjfa-48232	304	2	results	result	NOUN
cjfa-48232	304	3	of	of	ADP
cjfa-48232	304	4	this	this	DET
cjfa-48232	304	5	study	study	NOUN
cjfa-48232	304	6	are	be	AUX
cjfa-48232	304	7	in	in	ADP
cjfa-48232	304	8	line	line	NOUN
cjfa-48232	304	9	with	with	ADP
cjfa-48232	304	10	the	the	DET
cjfa-48232	304	11	findings	finding	NOUN
cjfa-48232	304	12	of	of	ADP
cjfa-48232	304	13	papangkorn	papangkorn	PROPN
cjfa-48232	304	14	et	et	PROPN
cjfa-48232	304	15	al	al	PROPN
cjfa-48232	304	16	.	.	PROPN
cjfa-48232	305	1	(	(	PUNCT
cjfa-48232	305	2	2019	2019	NUM
cjfa-48232	305	3	)	)	PUNCT
cjfa-48232	305	4	,	,	PUNCT
cjfa-48232	305	5	as	as	SCONJ
cjfa-48232	305	6	they	they	PRON
cjfa-48232	305	7	also	also	ADV
cjfa-48232	305	8	found	find	VERB
cjfa-48232	305	9	a	a	DET
cjfa-48232	305	10	negative	negative	ADJ
cjfa-48232	305	11	relationship	relationship	NOUN
cjfa-48232	305	12	between	between	ADP
cjfa-48232	305	13	female	female	ADJ
cjfa-48232	305	14	directors	director	NOUN
cjfa-48232	305	15	and	and	CCONJ
cjfa-48232	305	16	performance	performance	NOUN
cjfa-48232	305	17	,	,	PUNCT
cjfa-48232	305	18	but	but	CCONJ
cjfa-48232	305	19	during	during	ADP
cjfa-48232	305	20	the	the	DET
cjfa-48232	305	21	crisis	crisis	NOUN
cjfa-48232	305	22	the	the	DET
cjfa-48232	305	23	female	female	ADJ
cjfa-48232	305	24	directors	director	NOUN
cjfa-48232	305	25	had	have	VERB
cjfa-48232	305	26	a	a	DET
cjfa-48232	305	27	positive	positive	ADJ
cjfa-48232	305	28	effect	effect	NOUN
cjfa-48232	305	29	on	on	ADP
cjfa-48232	305	30	the	the	DET
cjfa-48232	305	31	performance	performance	NOUN
cjfa-48232	305	32	.	.	PUNCT
cjfa-48232	306	1	additionally	additionally	ADV
cjfa-48232	306	2	,	,	PUNCT
cjfa-48232	306	3	fernando	fernando	PROPN
cjfa-48232	306	4	et	et	PROPN
cjfa-48232	306	5	al	al	PROPN
cjfa-48232	306	6	.	.	PROPN
cjfa-48232	306	7	(	(	PUNCT
cjfa-48232	306	8	2020	2020	NUM
cjfa-48232	306	9	)	)	PUNCT
cjfa-48232	306	10	found	find	VERB
cjfa-48232	306	11	this	this	DET
cjfa-48232	306	12	positive	positive	ADJ
cjfa-48232	306	13	effect	effect	NOUN
cjfa-48232	306	14	of	of	ADP
cjfa-48232	306	15	female	female	ADJ
cjfa-48232	306	16	leaders	leader	NOUN
cjfa-48232	306	17	on	on	ADP
cjfa-48232	306	18	the	the	DET
cjfa-48232	306	19	performance	performance	NOUN
cjfa-48232	306	20	during	during	ADP
cjfa-48232	306	21	the	the	DET
cjfa-48232	306	22	financial	financial	ADJ
cjfa-48232	306	23	crisis	crisis	NOUN
cjfa-48232	306	24	.	.	PUNCT
cjfa-48232	307	1	for	for	ADP
cjfa-48232	307	2	sure	sure	ADJ
cjfa-48232	307	3	there	there	PRON
cjfa-48232	307	4	is	be	VERB
cjfa-48232	307	5	still	still	ADV
cjfa-48232	307	6	much	much	ADV
cjfa-48232	307	7	more	more	ADJ
cjfa-48232	307	8	research	research	NOUN
cjfa-48232	307	9	to	to	PART
cjfa-48232	307	10	be	be	AUX
cjfa-48232	307	11	done	do	VERB
cjfa-48232	307	12	on	on	ADP
cjfa-48232	307	13	this	this	DET
cjfa-48232	307	14	topic	topic	NOUN
cjfa-48232	307	15	.	.	PUNCT
cjfa-48232	308	1	a	a	DET
cjfa-48232	308	2	weakness	weakness	NOUN
cjfa-48232	308	3	of	of	ADP
cjfa-48232	308	4	this	this	DET
cjfa-48232	308	5	study	study	NOUN
cjfa-48232	308	6	is	be	AUX
cjfa-48232	308	7	the	the	DET
cjfa-48232	308	8	very	very	ADV
cjfa-48232	308	9	small	small	ADJ
cjfa-48232	308	10	number	number	NOUN
cjfa-48232	308	11	of	of	ADP
cjfa-48232	308	12	firms	firm	NOUN
cjfa-48232	308	13	that	that	PRON
cjfa-48232	308	14	was	be	AUX
cjfa-48232	308	15	analysed	analyse	VERB
cjfa-48232	308	16	,	,	PUNCT
cjfa-48232	308	17	so	so	SCONJ
cjfa-48232	308	18	it	it	PRON
cjfa-48232	308	19	would	would	AUX
cjfa-48232	308	20	be	be	AUX
cjfa-48232	308	21	sensible	sensible	ADJ
cjfa-48232	308	22	to	to	PART
cjfa-48232	308	23	conduct	conduct	VERB
cjfa-48232	308	24	a	a	DET
cjfa-48232	308	25	study	study	NOUN
cjfa-48232	308	26	based	base	VERB
cjfa-48232	308	27	on	on	ADP
cjfa-48232	308	28	international	international	ADJ
cjfa-48232	308	29	data	datum	NOUN
cjfa-48232	308	30	to	to	PART
cjfa-48232	308	31	include	include	VERB
cjfa-48232	308	32	more	more	ADJ
cjfa-48232	308	33	female	female	ADJ
cjfa-48232	308	34	managed	manage	VERB
cjfa-48232	308	35	companies	company	NOUN
cjfa-48232	308	36	.	.	PUNCT
cjfa-48232	309	1	then	then	ADV
cjfa-48232	309	2	it	it	PRON
cjfa-48232	309	3	must	must	AUX
cjfa-48232	309	4	be	be	AUX
cjfa-48232	309	5	pointed	point	VERB
cjfa-48232	309	6	out	out	ADP
cjfa-48232	309	7	that	that	SCONJ
cjfa-48232	309	8	the	the	DET
cjfa-48232	309	9	dax	dax	PROPN
cjfa-48232	309	10	is	be	AUX
cjfa-48232	309	11	an	an	DET
cjfa-48232	309	12	index	index	NOUN
cjfa-48232	309	13	consisting	consist	VERB
cjfa-48232	309	14	of	of	ADP
cjfa-48232	309	15	40	40	NUM
cjfa-48232	309	16	companies	company	NOUN
cjfa-48232	309	17	(	(	PUNCT
cjfa-48232	309	18	which	which	PRON
cjfa-48232	309	19	have	have	VERB
cjfa-48232	309	20	a	a	DET
cjfa-48232	309	21	higher	high	ADJ
cjfa-48232	309	22	market	market	NOUN
cjfa-48232	309	23	capitalization	capitalization	NOUN
cjfa-48232	309	24	than	than	ADP
cjfa-48232	309	25	the	the	DET
cjfa-48232	309	26	companies	company	NOUN
cjfa-48232	309	27	in	in	ADP
cjfa-48232	309	28	the	the	DET
cjfa-48232	309	29	fcx	fcx	NOUN
cjfa-48232	309	30	)	)	PUNCT
cjfa-48232	309	31	,	,	PUNCT
cjfa-48232	309	32	so	so	CCONJ
cjfa-48232	309	33	it	it	PRON
cjfa-48232	309	34	is	be	AUX
cjfa-48232	309	35	possible	possible	ADJ
cjfa-48232	309	36	to	to	PART
cjfa-48232	309	37	have	have	VERB
cjfa-48232	309	38	some	some	DET
cjfa-48232	309	39	bias	bias	NOUN
cjfa-48232	309	40	through	through	ADP
cjfa-48232	309	41	the	the	DET
cjfa-48232	309	42	higher	high	ADJ
cjfa-48232	309	43	diversification	diversification	NOUN
cjfa-48232	309	44	.	.	PUNCT
cjfa-48232	310	1	and	and	CCONJ
cjfa-48232	310	2	it	it	PRON
cjfa-48232	310	3	must	must	AUX
cjfa-48232	310	4	be	be	AUX
cjfa-48232	310	5	mentioned	mention	VERB
cjfa-48232	310	6	that	that	SCONJ
cjfa-48232	310	7	one	one	NUM
cjfa-48232	310	8	of	of	ADP
cjfa-48232	310	9	the	the	DET
cjfa-48232	310	10	female	female	ADJ
cjfa-48232	310	11	managed	manage	VERB
cjfa-48232	310	12	firms	firm	NOUN
cjfa-48232	310	13	(	(	PUNCT
cjfa-48232	310	14	covestro	covestro	X
cjfa-48232	310	15	)	)	PUNCT
cjfa-48232	310	16	is	be	AUX
cjfa-48232	310	17	also	also	ADV
cjfa-48232	310	18	included	include	VERB
cjfa-48232	310	19	in	in	ADP
cjfa-48232	310	20	the	the	DET
cjfa-48232	310	21	dax	dax	PROPN
cjfa-48232	310	22	.	.	PUNCT
cjfa-48232	311	1	despite	despite	SCONJ
cjfa-48232	311	2	it	it	PRON
cjfa-48232	311	3	has	have	VERB
cjfa-48232	311	4	the	the	DET
cjfa-48232	311	5	lowest	low	ADJ
cjfa-48232	311	6	market	market	NOUN
cjfa-48232	311	7	capitalization	capitalization	NOUN
cjfa-48232	311	8	within	within	ADP
cjfa-48232	311	9	the	the	DET
cjfa-48232	311	10	dax	dax	PROPN
cjfa-48232	311	11	,	,	PUNCT
cjfa-48232	311	12	covestro	covestro	PROPN
cjfa-48232	311	13	is	be	AUX
cjfa-48232	311	14	therefore	therefore	ADV
cjfa-48232	311	15	included	include	VERB
cjfa-48232	311	16	in	in	ADP
cjfa-48232	311	17	both	both	DET
cjfa-48232	311	18	indices	index	NOUN
cjfa-48232	311	19	.	.	PUNCT
cjfa-48232	312	1	tanja	tanja	PROPN
cjfa-48232	312	2	sinha9696	sinha9696	NOUN
cjfa-48232	312	3	besides	besides	SCONJ
cjfa-48232	312	4	including	include	VERB
cjfa-48232	312	5	a	a	DET
cjfa-48232	312	6	higher	high	ADJ
cjfa-48232	312	7	number	number	NOUN
cjfa-48232	312	8	of	of	ADP
cjfa-48232	312	9	female	female	ADJ
cjfa-48232	312	10	managed	manage	VERB
cjfa-48232	312	11	companies	company	NOUN
cjfa-48232	312	12	,	,	PUNCT
cjfa-48232	312	13	it	it	PRON
cjfa-48232	312	14	would	would	AUX
cjfa-48232	312	15	be	be	AUX
cjfa-48232	312	16	worth	worth	ADJ
cjfa-48232	312	17	to	to	PART
cjfa-48232	312	18	look	look	VERB
cjfa-48232	312	19	at	at	ADP
cjfa-48232	312	20	the	the	DET
cjfa-48232	312	21	statistical	statistical	ADJ
cjfa-48232	312	22	correlation	correlation	NOUN
cjfa-48232	312	23	between	between	ADP
cjfa-48232	312	24	performance	performance	NOUN
cjfa-48232	312	25	and	and	CCONJ
cjfa-48232	312	26	mainly	mainly	ADV
cjfa-48232	312	27	female	female	ADJ
cjfa-48232	312	28	boards	board	NOUN
cjfa-48232	312	29	using	use	VERB
cjfa-48232	312	30	some	some	DET
cjfa-48232	312	31	regression	regression	NOUN
cjfa-48232	312	32	analysis	analysis	NOUN
cjfa-48232	312	33	.	.	PUNCT
cjfa-48232	312	34	 	 	SPACE
cjfa-48232	313	1	references	reference	NOUN
cjfa-48232	313	2	 	 	SPACE
cjfa-48232	313	3	references	reference	NOUN
cjfa-48232	313	4	achour	achour	PROPN
cjfa-48232	313	5	,	,	PUNCT
cjfa-48232	313	6	z.	z.	PROPN
cjfa-48232	313	7	(	(	PUNCT
cjfa-48232	313	8	2022	2022	NUM
cjfa-48232	313	9	)	)	PUNCT
cjfa-48232	313	10	.	.	PUNCT
cjfa-48232	314	1	board	board	NOUN
cjfa-48232	314	2	gender	gender	NOUN
cjfa-48232	314	3	diversity	diversity	NOUN
cjfa-48232	314	4	and	and	CCONJ
cjfa-48232	314	5	firm	firm	ADJ
cjfa-48232	314	6	risk	risk	NOUN
cjfa-48232	314	7	.	.	PUNCT
cjfa-48232	315	1	corporate	corporate	ADJ
cjfa-48232	315	2	governance	governance	NOUN
cjfa-48232	315	3	,	,	PUNCT
cjfa-48232	315	4	recent	recent	ADJ
cjfa-48232	315	5	advances	advance	NOUN
cjfa-48232	315	6	and	and	CCONJ
cjfa-48232	315	7	perspectives	perspective	NOUN
cjfa-48232	315	8	.	.	PUNCT
cjfa-48232	316	1	1	1	NUM
cjfa-48232	316	2	-	-	SYM
cjfa-48232	316	3	16	16	NUM
cjfa-48232	316	4	.	.	PUNCT
cjfa-48232	317	1	https://doi.org/10.5772/intechopen.100189	https://doi.org/10.5772/intechopen.100189	PROPN
cjfa-48232	317	2	.	.	PUNCT
cjfa-48232	318	1	adams	adams	PROPN
cjfa-48232	318	2	,	,	PUNCT
cjfa-48232	318	3	r.b	r.b	PROPN
cjfa-48232	318	4	.	.	PROPN
cjfa-48232	318	5	,	,	PUNCT
cjfa-48232	318	6	funk	funk	NOUN
cjfa-48232	318	7	,	,	PUNCT
cjfa-48232	318	8	p.	p.	NOUN
cjfa-48232	318	9	(	(	PUNCT
cjfa-48232	318	10	2012	2012	NUM
cjfa-48232	318	11	)	)	PUNCT
cjfa-48232	318	12	.	.	PUNCT
cjfa-48232	319	1	beyond	beyond	ADP
cjfa-48232	319	2	the	the	DET
cjfa-48232	319	3	glass	glass	NOUN
cjfa-48232	319	4	ceiling	ceiling	NOUN
cjfa-48232	319	5	:	:	PUNCT
cjfa-48232	319	6	does	do	VERB
cjfa-48232	319	7	gender	gender	NOUN
cjfa-48232	319	8	matter	matter	NOUN
cjfa-48232	319	9	?	?	PUNCT
cjfa-48232	320	1	management	management	NOUN
cjfa-48232	320	2	science	science	NOUN
cjfa-48232	320	3	,	,	PUNCT
cjfa-48232	320	4	58(2	58(2	NUM
cjfa-48232	320	5	)	)	PUNCT
cjfa-48232	320	6	.	.	PUNCT
cjfa-48232	321	1	219	219	NUM
cjfa-48232	321	2	-	-	SYM
cjfa-48232	321	3	235	235	NUM
cjfa-48232	321	4	.	.	PUNCT
cjfa-48232	322	1	https://www.jstor.org/stable/41406385	https://www.jstor.org/stable/41406385	PROPN
cjfa-48232	322	2	.	.	PUNCT
cjfa-48232	323	1	adams	adams	PROPN
cjfa-48232	323	2	,	,	PUNCT
cjfa-48232	323	3	r.	r.	PROPN
cjfa-48232	323	4	,	,	PUNCT
cjfa-48232	323	5	&	&	CCONJ
cjfa-48232	323	6	ferreira	ferreira	PROPN
cjfa-48232	323	7	,	,	PUNCT
cjfa-48232	323	8	d.	d.	PROPN
cjfa-48232	323	9	(	(	PUNCT
cjfa-48232	323	10	2009	2009	NUM
cjfa-48232	323	11	)	)	PUNCT
cjfa-48232	323	12	.	.	PUNCT
cjfa-48232	324	1	women	woman	NOUN
cjfa-48232	324	2	in	in	ADP
cjfa-48232	324	3	the	the	DET
cjfa-48232	324	4	boardroom	boardroom	NOUN
cjfa-48232	324	5	and	and	CCONJ
cjfa-48232	324	6	their	their	PRON
cjfa-48232	324	7	impact	impact	NOUN
cjfa-48232	324	8	on	on	ADP
cjfa-48232	324	9	governance	governance	NOUN
cjfa-48232	324	10	and	and	CCONJ
cjfa-48232	324	11	performance	performance	NOUN
cjfa-48232	324	12	.	.	PUNCT
cjfa-48232	325	1	journal	journal	NOUN
cjfa-48232	325	2	of	of	ADP
cjfa-48232	325	3	financial	financial	ADJ
cjfa-48232	325	4	economics	economic	NOUN
cjfa-48232	325	5	,	,	PUNCT
cjfa-48232	325	6	94(2	94(2	NOUN
cjfa-48232	325	7	)	)	PUNCT
cjfa-48232	325	8	.	.	PUNCT
cjfa-48232	326	1	291	291	NUM
cjfa-48232	326	2	-	-	SYM
cjfa-48232	326	3	309	309	NUM
cjfa-48232	326	4	.	.	PUNCT
cjfa-48232	327	1	https://doi	https://doi	X
cjfa-48232	327	2	.	.	PUNCT
cjfa-48232	328	1	org/10.1016	org/10.1016	PROPN
cjfa-48232	328	2	/	/	SYM
cjfa-48232	328	3	j.jfineco.2008.10.007	j.jfineco.2008.10.007	PROPN
cjfa-48232	328	4	.	.	PUNCT
cjfa-48232	329	1	bruna	bruna	PROPN
cjfa-48232	329	2	,	,	PUNCT
cjfa-48232	329	3	m.g	m.g	PROPN
cjfa-48232	329	4	.	.	PROPN
cjfa-48232	329	5	,	,	PUNCT
cjfa-48232	329	6	dang	dang	PROPN
cjfa-48232	329	7	,	,	PUNCT
cjfa-48232	329	8	r.	r.	PROPN
cjfa-48232	329	9	,	,	PUNCT
cjfa-48232	329	10	scotto	scotto	PROPN
cjfa-48232	329	11	,	,	PUNCT
cjfa-48232	329	12	m.-j	m.-j	PROPN
cjfa-48232	329	13	.	.	PROPN
cjfa-48232	329	14	,	,	PUNCT
cjfa-48232	329	15	&	&	CCONJ
cjfa-48232	329	16	ammari	ammari	PROPN
cjfa-48232	329	17	,	,	PUNCT
cjfa-48232	329	18	a.	a.	NOUN
cjfa-48232	329	19	(	(	PUNCT
cjfa-48232	329	20	2019	2019	NUM
cjfa-48232	329	21	)	)	PUNCT
cjfa-48232	329	22	.	.	PUNCT
cjfa-48232	330	1	does	do	AUX
cjfa-48232	330	2	board	board	VERB
cjfa-48232	330	3	gender	gender	NOUN
cjfa-48232	330	4	diversity	diversity	NOUN
cjfa-48232	330	5	affect	affect	VERB
cjfa-48232	330	6	firm	firm	ADJ
cjfa-48232	330	7	risk	risk	NOUN
cjfa-48232	330	8	-	-	PUNCT
cjfa-48232	330	9	taking	taking	NOUN
cjfa-48232	330	10	?	?	PUNCT
cjfa-48232	331	1	evidence	evidence	NOUN
cjfa-48232	331	2	from	from	ADP
cjfa-48232	331	3	the	the	DET
cjfa-48232	331	4	french	french	ADJ
cjfa-48232	331	5	stock	stock	NOUN
cjfa-48232	331	6	market	market	NOUN
cjfa-48232	331	7	.	.	PUNCT
cjfa-48232	332	1	journal	journal	PROPN
cjfa-48232	332	2	of	of	ADP
cjfa-48232	332	3	management	management	NOUN
cjfa-48232	332	4	&	&	CCONJ
cjfa-48232	332	5	governance	governance	NOUN
cjfa-48232	332	6	,	,	PUNCT
cjfa-48232	332	7	23(4	23(4	NOUN
cjfa-48232	332	8	)	)	PUNCT
cjfa-48232	332	9	.	.	PUNCT
cjfa-48232	333	1	915	915	NUM
cjfa-48232	333	2	-	-	SYM
cjfa-48232	333	3	938	938	NUM
cjfa-48232	333	4	.	.	PUNCT
cjfa-48232	334	1	https://doi.org/10.1007/s10997-019-09473-1	https://doi.org/10.1007/s10997-019-09473-1	PROPN
cjfa-48232	334	2	.	.	PUNCT
cjfa-48232	335	1	byrnes	byrnes	PROPN
cjfa-48232	335	2	,	,	PUNCT
cjfa-48232	335	3	j.p	j.p	PROPN
cjfa-48232	335	4	.	.	PROPN
cjfa-48232	335	5	,	,	PUNCT
cjfa-48232	335	6	miller	miller	PROPN
cjfa-48232	335	7	,	,	PUNCT
cjfa-48232	335	8	d.c	d.c	PROPN
cjfa-48232	335	9	.	.	PROPN
cjfa-48232	335	10	,	,	PUNCT
cjfa-48232	335	11	&	&	CCONJ
cjfa-48232	335	12	schafer	schafer	PROPN
cjfa-48232	335	13	,	,	PUNCT
cjfa-48232	335	14	w.d	w.d	PROPN
cjfa-48232	335	15	.	.	PROPN
cjfa-48232	335	16	(	(	PUNCT
cjfa-48232	335	17	1999	1999	NUM
cjfa-48232	335	18	)	)	PUNCT
cjfa-48232	335	19	.	.	PUNCT
cjfa-48232	336	1	gender	gender	NOUN
cjfa-48232	336	2	differences	difference	NOUN
cjfa-48232	336	3	in	in	ADP
cjfa-48232	336	4	risk	risk	NOUN
cjfa-48232	336	5	taking	taking	NOUN
cjfa-48232	336	6	:	:	PUNCT
cjfa-48232	336	7	a	a	DET
cjfa-48232	336	8	meta	meta	ADJ
cjfa-48232	336	9	-	-	PUNCT
cjfa-48232	336	10	analysis	analysis	NOUN
cjfa-48232	336	11	.	.	PUNCT
cjfa-48232	337	1	psychological	psychological	ADJ
cjfa-48232	337	2	bulletin	bulletin	NOUN
cjfa-48232	337	3	,	,	PUNCT
cjfa-48232	337	4	125(3	125(3	NUM
cjfa-48232	337	5	)	)	PUNCT
cjfa-48232	337	6	,	,	PUNCT
cjfa-48232	337	7	367–383	367–383	NUM
cjfa-48232	337	8	.	.	PUNCT
cjfa-48232	338	1	https://doi.org/10.1037/00332909.125.3.367	https://doi.org/10.1037/00332909.125.3.367	PROPN
cjfa-48232	338	2	.	.	PUNCT
cjfa-48232	338	3	fernando	fernando	PROPN
cjfa-48232	338	4	,	,	PUNCT
cjfa-48232	338	5	g.d	g.d	PROPN
cjfa-48232	338	6	.	.	PROPN
cjfa-48232	338	7	,	,	PUNCT
cjfa-48232	338	8	jain	jain	PROPN
cjfa-48232	338	9	,	,	PUNCT
cjfa-48232	338	10	s.s	s.s	PROPN
cjfa-48232	338	11	.	.	PROPN
cjfa-48232	338	12	,	,	PUNCT
cjfa-48232	338	13	&	&	CCONJ
cjfa-48232	338	14	tripathy	tripathy	PROPN
cjfa-48232	338	15	,	,	PUNCT
cjfa-48232	338	16	a.	a.	NOUN
cjfa-48232	338	17	(	(	PUNCT
cjfa-48232	338	18	2020	2020	NUM
cjfa-48232	338	19	)	)	PUNCT
cjfa-48232	338	20	.	.	PUNCT
cjfa-48232	339	1	this	this	DET
cjfa-48232	339	2	cloud	cloud	NOUN
cjfa-48232	339	3	has	have	VERB
cjfa-48232	339	4	a	a	DET
cjfa-48232	339	5	silver	silver	ADJ
cjfa-48232	339	6	lining	lining	NOUN
cjfa-48232	339	7	:	:	PUNCT
cjfa-48232	339	8	gender	gender	NOUN
cjfa-48232	339	9	diversity	diversity	NOUN
cjfa-48232	339	10	,	,	PUNCT
cjfa-48232	339	11	managerial	managerial	ADJ
cjfa-48232	339	12	ability	ability	NOUN
cjfa-48232	339	13	,	,	PUNCT
cjfa-48232	339	14	and	and	CCONJ
cjfa-48232	339	15	firm	firm	ADJ
cjfa-48232	339	16	performance	performance	NOUN
cjfa-48232	339	17	.	.	PUNCT
cjfa-48232	340	1	journal	journal	PROPN
cjfa-48232	340	2	of	of	ADP
cjfa-48232	340	3	buisness	buisness	PROPN
cjfa-48232	340	4	research	research	NOUN
cjfa-48232	340	5	,	,	PUNCT
cjfa-48232	340	6	117	117	NUM
cjfa-48232	340	7	,	,	PUNCT
cjfa-48232	340	8	484	484	NUM
cjfa-48232	340	9	-	-	SYM
cjfa-48232	340	10	496	496	NUM
cjfa-48232	340	11	.	.	PUNCT
cjfa-48232	341	1	https://doi.org/10.1016/j.jbusres.2020.05.042	https://doi.org/10.1016/j.jbusres.2020.05.042	PROPN
cjfa-48232	341	2	.	.	PUNCT
cjfa-48232	342	1	gallucci	gallucci	PROPN
cjfa-48232	342	2	,	,	PUNCT
cjfa-48232	342	3	c.	c.	PROPN
cjfa-48232	342	4	,	,	PUNCT
cjfa-48232	342	5	d’amato	d’amato	PROPN
cjfa-48232	342	6	,	,	PUNCT
cjfa-48232	342	7	d.	d.	PROPN
cjfa-48232	342	8	,	,	PUNCT
cjfa-48232	342	9	&	&	CCONJ
cjfa-48232	342	10	santulli	santulli	PROPN
cjfa-48232	342	11	,	,	PUNCT
cjfa-48232	342	12	r.	r.	PROPN
cjfa-48232	342	13	(	(	PUNCT
cjfa-48232	342	14	2019	2019	NUM
cjfa-48232	342	15	)	)	PUNCT
cjfa-48232	342	16	.	.	PUNCT
cjfa-48232	343	1	women	woman	NOUN
cjfa-48232	343	2	on	on	ADP
cjfa-48232	343	3	the	the	DET
cjfa-48232	343	4	board	board	NOUN
cjfa-48232	343	5	of	of	ADP
cjfa-48232	343	6	directors	director	NOUN
cjfa-48232	343	7	and	and	CCONJ
cjfa-48232	343	8	firm	firm	ADJ
cjfa-48232	343	9	performance	performance	NOUN
cjfa-48232	343	10	:	:	PUNCT
cjfa-48232	343	11	the	the	DET
cjfa-48232	343	12	moderating	moderate	VERB
cjfa-48232	343	13	role	role	NOUN
cjfa-48232	343	14	of	of	ADP
cjfa-48232	343	15	female	female	ADJ
cjfa-48232	343	16	ownership	ownership	NOUN
cjfa-48232	343	17	.	.	PUNCT
cjfa-48232	344	1	empirical	empirical	ADJ
cjfa-48232	344	2	evidence	evidence	NOUN
cjfa-48232	344	3	from	from	ADP
cjfa-48232	344	4	the	the	DET
cjfa-48232	344	5	italian	italian	ADJ
cjfa-48232	344	6	wine	wine	NOUN
cjfa-48232	344	7	industry	industry	NOUN
cjfa-48232	344	8	.	.	PUNCT
cjfa-48232	345	1	journal	journal	PROPN
cjfa-48232	345	2	of	of	ADP
cjfa-48232	345	3	financial	financial	ADJ
cjfa-48232	345	4	management	management	NOUN
cjfa-48232	345	5	,	,	PUNCT
cjfa-48232	345	6	markets	market	NOUN
cjfa-48232	345	7	and	and	CCONJ
cjfa-48232	345	8	institutions	institution	NOUN
cjfa-48232	345	9	,	,	PUNCT
cjfa-48232	345	10	2	2	NUM
cjfa-48232	345	11	,	,	PUNCT
cjfa-48232	345	12	225	225	NUM
cjfa-48232	345	13	-	-	SYM
cjfa-48232	345	14	244	244	NUM
cjfa-48232	345	15	.	.	PUNCT
cjfa-48232	346	1	https://doi.org/10.12831/82214	https://doi.org/10.12831/82214	PROPN
cjfa-48232	346	2	.	.	PUNCT
cjfa-48232	347	1	garikipati	garikipati	PROPN
cjfa-48232	347	2	,	,	PUNCT
cjfa-48232	347	3	s.	s.	PROPN
cjfa-48232	347	4	,	,	PUNCT
cjfa-48232	347	5	&	&	CCONJ
cjfa-48232	347	6	kambhampati	kambhampati	PROPN
cjfa-48232	347	7	,	,	PUNCT
cjfa-48232	347	8	u.	u.	NOUN
cjfa-48232	347	9	(	(	PUNCT
cjfa-48232	347	10	2021	2021	NUM
cjfa-48232	347	11	)	)	PUNCT
cjfa-48232	347	12	.	.	PUNCT
cjfa-48232	348	1	leading	lead	VERB
cjfa-48232	348	2	the	the	DET
cjfa-48232	348	3	fight	fight	NOUN
cjfa-48232	348	4	against	against	ADP
cjfa-48232	348	5	the	the	DET
cjfa-48232	348	6	pandemic	pandemic	NOUN
cjfa-48232	348	7	:	:	PUNCT
cjfa-48232	348	8	does	do	AUX
cjfa-48232	348	9	gender	gender	NOUN
cjfa-48232	348	10	really	really	ADV
cjfa-48232	348	11	matter	matter	ADV
cjfa-48232	348	12	?	?	PUNCT
cjfa-48232	349	1	feminist	feminist	ADJ
cjfa-48232	349	2	economics	economic	NOUN
cjfa-48232	349	3	,	,	PUNCT
cjfa-48232	349	4	27	27	NUM
cjfa-48232	349	5	,	,	PUNCT
cjfa-48232	349	6	401	401	NUM
cjfa-48232	349	7	-	-	SYM
cjfa-48232	349	8	418	418	NUM
cjfa-48232	349	9	.	.	PUNCT
cjfa-48232	350	1	https://doi.org/10.1080/13	https://doi.org/10.1080/13	PROPN
cjfa-48232	350	2	545701.2021.1874614	545701.2021.1874614	NUM
cjfa-48232	350	3	.	.	PUNCT
cjfa-48232	351	1	grant	grant	PROPN
cjfa-48232	351	2	thornton	thornton	PROPN
cjfa-48232	351	3	international	international	PROPN
cjfa-48232	351	4	business	business	PROPN
cjfa-48232	351	5	report	report	NOUN
cjfa-48232	351	6	(	(	PUNCT
cjfa-48232	351	7	2021	2021	NUM
cjfa-48232	351	8	)	)	PUNCT
cjfa-48232	351	9	.	.	PUNCT
cjfa-48232	352	1	women	woman	NOUN
cjfa-48232	352	2	in	in	ADP
cjfa-48232	352	3	business	business	NOUN
cjfa-48232	352	4	2021	2021	NUM
cjfa-48232	352	5	–	–	PUNCT
cjfa-48232	352	6	a	a	DET
cjfa-48232	352	7	window	window	NOUN
cjfa-48232	352	8	of	of	ADP
cjfa-48232	352	9	opportunity	opportunity	NOUN
cjfa-48232	352	10	.	.	PUNCT
cjfa-48232	353	1	hopt	hopt	VERB
cjfa-48232	353	2	,	,	PUNCT
cjfa-48232	353	3	k.j	k.j	PROPN
cjfa-48232	353	4	.	.	PROPN
cjfa-48232	353	5	(	(	PUNCT
cjfa-48232	353	6	2022	2022	NUM
cjfa-48232	353	7	)	)	PUNCT
cjfa-48232	353	8	.	.	PUNCT
cjfa-48232	354	1	the	the	DET
cjfa-48232	354	2	german	german	ADJ
cjfa-48232	354	3	supervisory	supervisory	ADJ
cjfa-48232	354	4	board	board	NOUN
cjfa-48232	354	5	.	.	PUNCT
cjfa-48232	355	1	revista	revista	PROPN
cjfa-48232	355	2	da	da	PROPN
cjfa-48232	355	3	faculdade	faculdade	PROPN
cjfa-48232	355	4	de	de	PROPN
cjfa-48232	355	5	direito	direito	PROPN
cjfa-48232	355	6	da	da	PROPN
cjfa-48232	355	7	universidade	universidade	PROPN
cjfa-48232	355	8	de	de	PROPN
cjfa-48232	355	9	porto	porto	PROPN
cjfa-48232	355	10	(	(	PUNCT
cjfa-48232	355	11	rfdup	rfdup	PROPN
cjfa-48232	355	12	)	)	PUNCT
cjfa-48232	355	13	,	,	PUNCT
cjfa-48232	355	14	2020	2020	NUM
cjfa-48232	355	15	-	-	SYM
cjfa-48232	355	16	2021	2021	NUM
cjfa-48232	355	17	,	,	PUNCT
cjfa-48232	355	18	539	539	NUM
cjfa-48232	355	19	-	-	SYM
cjfa-48232	355	20	562	562	NUM
cjfa-48232	355	21	.	.	PUNCT
cjfa-48232	356	1	https://ssrn.com/abstract=4234039	https://ssrn.com/abstract=4234039	PROPN
cjfa-48232	356	2	.	.	PUNCT
cjfa-48232	357	1	loy	loy	PROPN
cjfa-48232	357	2	,	,	PUNCT
cjfa-48232	357	3	t.r	t.r	PROPN
cjfa-48232	357	4	.	.	PROPN
cjfa-48232	357	5	,	,	PUNCT
cjfa-48232	357	6	&	&	CCONJ
cjfa-48232	357	7	rupertus	rupertus	PROPN
cjfa-48232	357	8	,	,	PUNCT
cjfa-48232	357	9	h.	h.	PROPN
cjfa-48232	357	10	(	(	PUNCT
cjfa-48232	357	11	2022	2022	NUM
cjfa-48232	357	12	)	)	PUNCT
cjfa-48232	357	13	.	.	PUNCT
cjfa-48232	358	1	how	how	SCONJ
cjfa-48232	358	2	does	do	AUX
cjfa-48232	358	3	the	the	DET
cjfa-48232	358	4	stock	stock	NOUN
cjfa-48232	358	5	market	market	NOUN
cjfa-48232	358	6	value	value	NOUN
cjfa-48232	358	7	female	female	ADJ
cjfa-48232	358	8	directors	director	NOUN
cjfa-48232	358	9	?	?	PUNCT
cjfa-48232	359	1	international	international	ADJ
cjfa-48232	359	2	evidence	evidence	NOUN
cjfa-48232	359	3	.	.	PUNCT
cjfa-48232	360	1	business	business	NOUN
cjfa-48232	360	2	&	&	CCONJ
cjfa-48232	360	3	society	society	PROPN
cjfa-48232	360	4	,	,	PUNCT
cjfa-48232	360	5	61(1	61(1	NOUN
cjfa-48232	360	6	)	)	PUNCT
cjfa-48232	360	7	,	,	PUNCT
cjfa-48232	360	8	117	117	NUM
cjfa-48232	360	9	-	-	SYM
cjfa-48232	360	10	154	154	NUM
cjfa-48232	360	11	.	.	PUNCT
cjfa-48232	361	1	https://doi	https://doi	NOUN
cjfa-48232	361	2	.	.	PUNCT
cjfa-48232	361	3	org/10.1177/0007650320949839	org/10.1177/0007650320949839	PROPN
cjfa-48232	361	4	.	.	PUNCT
cjfa-48232	362	1	magnanelli	magnanelli	PROPN
cjfa-48232	362	2	,	,	PUNCT
cjfa-48232	362	3	b.s	b.s	PROPN
cjfa-48232	362	4	.	.	PROPN
cjfa-48232	362	5	,	,	PUNCT
cjfa-48232	362	6	nasta	nasta	PROPN
cjfa-48232	362	7	,	,	PUNCT
cjfa-48232	362	8	l.	l.	PROPN
cjfa-48232	362	9	,	,	PUNCT
cjfa-48232	362	10	&	&	CCONJ
cjfa-48232	362	11	raoli	raoli	PROPN
cjfa-48232	362	12	,	,	PUNCT
cjfa-48232	362	13	e.	e.	PROPN
cjfa-48232	362	14	(	(	PUNCT
cjfa-48232	362	15	2020	2020	NUM
cjfa-48232	362	16	)	)	PUNCT
cjfa-48232	362	17	.	.	PUNCT
cjfa-48232	363	1	do	do	VERB
cjfa-48232	363	2	female	female	ADJ
cjfa-48232	363	3	directors	director	NOUN
cjfa-48232	363	4	on	on	ADP
cjfa-48232	363	5	corporate	corporate	ADJ
cjfa-48232	363	6	boards	board	NOUN
cjfa-48232	363	7	make	make	VERB
cjfa-48232	363	8	a	a	DET
cjfa-48232	363	9	difference	difference	NOUN
cjfa-48232	363	10	in	in	ADP
cjfa-48232	363	11	family	family	NOUN
cjfa-48232	363	12	owned	own	VERB
cjfa-48232	363	13	businesses	business	NOUN
cjfa-48232	363	14	?	?	PUNCT
cjfa-48232	364	1	journal	journal	NOUN
cjfa-48232	364	2	of	of	ADP
cjfa-48232	364	3	international	international	ADJ
cjfa-48232	364	4	accounting	accounting	NOUN
cjfa-48232	364	5	research	research	NOUN
cjfa-48232	364	6	,	,	PUNCT
cjfa-48232	364	7	19(1	19(1	NUM
cjfa-48232	364	8	)	)	PUNCT
cjfa-48232	364	9	,	,	PUNCT
cjfa-48232	364	10	85	85	NUM
cjfa-48232	364	11	-	-	SYM
cjfa-48232	364	12	102	102	NUM
cjfa-48232	364	13	.	.	PUNCT
cjfa-48232	365	1	https://dx.doi.org/10.2308/jiar-17-561	https://dx.doi.org/10.2308/jiar-17-561	PROPN
cjfa-48232	365	2	.	.	PUNCT
cjfa-48232	366	1	mohsni	mohsni	PROPN
cjfa-48232	366	2	,	,	PUNCT
cjfa-48232	366	3	s.	s.	PROPN
cjfa-48232	366	4	,	,	PUNCT
cjfa-48232	366	5	otchere	otchere	ADV
cjfa-48232	366	6	,	,	PUNCT
cjfa-48232	366	7	i.	i.	NOUN
cjfa-48232	366	8	,	,	PUNCT
cjfa-48232	366	9	&	&	CCONJ
cjfa-48232	366	10	shahriar	shahriar	PROPN
cjfa-48232	366	11	,	,	PUNCT
cjfa-48232	366	12	s.	s.	PROPN
cjfa-48232	366	13	(	(	PUNCT
cjfa-48232	366	14	2021	2021	NUM
cjfa-48232	366	15	)	)	PUNCT
cjfa-48232	366	16	.	.	PUNCT
cjfa-48232	367	1	board	board	NOUN
cjfa-48232	367	2	gender	gender	NOUN
cjfa-48232	367	3	diversity	diversity	NOUN
cjfa-48232	367	4	,	,	PUNCT
cjfa-48232	367	5	firm	firm	ADJ
cjfa-48232	367	6	performance	performance	NOUN
cjfa-48232	367	7	and	and	CCONJ
cjfa-48232	367	8	risk	risk	NOUN
cjfa-48232	367	9	-	-	PUNCT
cjfa-48232	367	10	taking	taking	NOUN
cjfa-48232	367	11	in	in	ADP
cjfa-48232	367	12	developing	develop	VERB
cjfa-48232	367	13	countries	country	NOUN
cjfa-48232	367	14	:	:	PUNCT
cjfa-48232	367	15	the	the	DET
cjfa-48232	367	16	moderating	moderate	VERB
cjfa-48232	367	17	effect	effect	NOUN
cjfa-48232	367	18	of	of	ADP
cjfa-48232	367	19	culture	culture	NOUN
cjfa-48232	367	20	.	.	PUNCT
cjfa-48232	368	1	journal	journal	PROPN
cjfa-48232	368	2	https://doi.org/10.1016/j.jfineco.2008.10.007	https://doi.org/10.1016/j.jfineco.2008.10.007	PROPN
cjfa-48232	368	3	https://doi.org/10.1016/j.jfineco.2008.10.007	https://doi.org/10.1016/j.jfineco.2008.10.007	PROPN
cjfa-48232	368	4	https://econpapers.repec.org/scripts/redir.pf?u=https%3a%2f%2fdoi.org%2f10.1007%252fs10997-019-09473-1;h=repec:kap:jmgtgv:v:23:y:2019:i:4:d:10.1007_s10997-019-09473-1	https://econpapers.repec.org/scripts/redir.pf?u=https%3a%2f%2fdoi.org%2f10.1007%252fs10997-019-09473-1;h=repec:kap:jmgtgv:v:23:y:2019:i:4:d:10.1007_s10997-019-09473-1	NOUN
cjfa-48232	368	5	https://psycnet.apa.org/doi/10.1037/0033-2909.125.3.367	https://psycnet.apa.org/doi/10.1037/0033-2909.125.3.367	AUX
cjfa-48232	368	6	https://psycnet.apa.org/doi/10.1037/0033-2909.125.3.367	https://psycnet.apa.org/doi/10.1037/0033-2909.125.3.367	VERB
cjfa-48232	368	7	https://doi.org/10.1016/j.jbusres.2020.05.042	https://doi.org/10.1016/j.jbusres.2020.05.042	NUM
cjfa-48232	368	8	https://doi.org/10.12831/82214	https://doi.org/10.12831/82214	PROPN
cjfa-48232	368	9	https://ssrn.com/abstract=4234039	https://ssrn.com/abstract=4234039	PROPN
cjfa-48232	368	10	https://ssrn.com/abstract=4234039	https://ssrn.com/abstract=4234039	PROPN
cjfa-48232	368	11	https://doi.org/10.1177/0007650320949839	https://doi.org/10.1177/0007650320949839	NOUN
cjfa-48232	368	12	https://doi.org/10.1177/0007650320949839	https://doi.org/10.1177/0007650320949839	VERB
cjfa-48232	368	13	the	the	DET
cjfa-48232	368	14	role	role	NOUN
cjfa-48232	368	15	of	of	ADP
cjfa-48232	368	16	female	female	ADJ
cjfa-48232	368	17	leadership	leadership	NOUN
cjfa-48232	368	18	in	in	ADP
cjfa-48232	368	19	times	time	NOUN
cjfa-48232	368	20	of	of	ADP
cjfa-48232	368	21	financial	financial	ADJ
cjfa-48232	368	22	crisis	crisis	NOUN
cjfa-48232	368	23	…	…	PUNCT
cjfa-48232	368	24	9797	9797	NUM
cjfa-48232	368	25	of	of	ADP
cjfa-48232	368	26	international	international	ADJ
cjfa-48232	368	27	financial	financial	ADJ
cjfa-48232	368	28	markets	market	NOUN
cjfa-48232	368	29	,	,	PUNCT
cjfa-48232	368	30	institutions	institution	NOUN
cjfa-48232	368	31	and	and	CCONJ
cjfa-48232	368	32	money	money	NOUN
cjfa-48232	368	33	,	,	PUNCT
cjfa-48232	368	34	73	73	NUM
cjfa-48232	368	35	,	,	PUNCT
cjfa-48232	368	36	101360	101360	NUM
cjfa-48232	368	37	.	.	PUNCT
cjfa-48232	369	1	https://doi	https://doi	X
cjfa-48232	369	2	.	.	PUNCT
cjfa-48232	369	3	org/10.1016	org/10.1016	PROPN
cjfa-48232	369	4	/	/	SYM
cjfa-48232	369	5	j.intfin.2021.101360	j.intfin.2021.101360	NOUN
cjfa-48232	369	6	.	.	PUNCT
cjfa-48232	370	1	papangkorn	papangkorn	VERB
cjfa-48232	370	2	,	,	PUNCT
cjfa-48232	370	3	s.	s.	PROPN
cjfa-48232	370	4	,	,	PUNCT
cjfa-48232	370	5	chatjuthamard	chatjuthamard	NOUN
cjfa-48232	370	6	,	,	PUNCT
cjfa-48232	370	7	p.	p.	NOUN
cjfa-48232	370	8	,	,	PUNCT
cjfa-48232	370	9	jiraporn	jiraporn	NOUN
cjfa-48232	370	10	,	,	PUNCT
cjfa-48232	370	11	p.	p.	NOUN
cjfa-48232	370	12	,	,	PUNCT
cjfa-48232	370	13	&	&	CCONJ
cjfa-48232	370	14	chueykamhang	chueykamhang	PROPN
cjfa-48232	370	15	,	,	PUNCT
cjfa-48232	370	16	s.	s.	PROPN
cjfa-48232	370	17	(	(	PUNCT
cjfa-48232	370	18	2019	2019	NUM
cjfa-48232	370	19	)	)	PUNCT
cjfa-48232	370	20	.	.	PUNCT
cjfa-48232	371	1	female	female	ADJ
cjfa-48232	371	2	directors	director	NOUN
cjfa-48232	371	3	and	and	CCONJ
cjfa-48232	371	4	firm	firm	ADJ
cjfa-48232	371	5	performance	performance	NOUN
cjfa-48232	371	6	:	:	PUNCT
cjfa-48232	371	7	evidence	evidence	NOUN
cjfa-48232	371	8	from	from	ADP
cjfa-48232	371	9	the	the	DET
cjfa-48232	371	10	great	great	ADJ
cjfa-48232	371	11	recession	recession	NOUN
cjfa-48232	371	12	.	.	PUNCT
cjfa-48232	372	1	international	international	ADJ
cjfa-48232	372	2	review	review	NOUN
cjfa-48232	372	3	of	of	ADP
cjfa-48232	372	4	finance	finance	NOUN
cjfa-48232	372	5	,	,	PUNCT
cjfa-48232	372	6	21(2	21(2	NUM
cjfa-48232	372	7	)	)	PUNCT
cjfa-48232	372	8	,	,	PUNCT
cjfa-48232	372	9	598	598	NUM
cjfa-48232	372	10	-	-	SYM
cjfa-48232	372	11	610	610	NUM
cjfa-48232	372	12	.	.	PUNCT
cjfa-48232	373	1	https://doi.org/10.1111/irfi.12275	https://doi.org/10.1111/irfi.12275	PROPN
cjfa-48232	373	2	.	.	PUNCT
cjfa-48232	374	1	qian	qian	PROPN
cjfa-48232	374	2	,	,	PUNCT
cjfa-48232	374	3	m.	m.	NOUN
cjfa-48232	374	4	(	(	PUNCT
cjfa-48232	374	5	2016	2016	NUM
cjfa-48232	374	6	)	)	PUNCT
cjfa-48232	374	7	.	.	PUNCT
cjfa-48232	375	1	women	woman	NOUN
cjfa-48232	375	2	’s	’s	PART
cjfa-48232	375	3	leaership	leaership	NOUN
cjfa-48232	375	4	and	and	CCONJ
cjfa-48232	375	5	corporate	corporate	ADJ
cjfa-48232	375	6	performanace	performanace	NOUN
cjfa-48232	375	7	.	.	PUNCT
cjfa-48232	376	1	asian	asian	PROPN
cjfa-48232	376	2	development	development	PROPN
cjfa-48232	376	3	bank	bank	PROPN
cjfa-48232	376	4	economics	economics	PROPN
cjfa-48232	376	5	working	working	PROPN
cjfa-48232	376	6	paper	paper	PROPN
cjfa-48232	376	7	series	series	PROPN
cjfa-48232	376	8	no	no	PROPN
cjfa-48232	376	9	.	.	PROPN
cjfa-48232	377	1	472	472	NUM
cjfa-48232	377	2	.	.	PUNCT
cjfa-48232	378	1	http://dx.doi.org/10.2139/	http://dx.doi.org/10.2139/	PUNCT
cjfa-48232	378	2	ssrn.2737833	ssrn.2737833	PROPN
cjfa-48232	378	3	.	.	PROPN
cjfa-48232	378	4	rossi	rossi	PROPN
cjfa-48232	378	5	,	,	PUNCT
cjfa-48232	378	6	m.	m.	NOUN
cjfa-48232	378	7	,	,	PUNCT
cjfa-48232	378	8	glasso	glasso	NOUN
cjfa-48232	378	9	,	,	PUNCT
cjfa-48232	378	10	s.	s.	PROPN
cjfa-48232	378	11	,	,	PUNCT
cjfa-48232	378	12	&	&	CCONJ
cjfa-48232	378	13	capasso	capasso	PROPN
cjfa-48232	378	14	,	,	PUNCT
cjfa-48232	378	15	a.	a.	NOUN
cjfa-48232	378	16	(	(	PUNCT
cjfa-48232	378	17	2017	2017	NUM
cjfa-48232	378	18	)	)	PUNCT
cjfa-48232	378	19	.	.	PUNCT
cjfa-48232	379	1	women	woman	NOUN
cjfa-48232	379	2	do	do	VERB
cjfa-48232	379	3	it	it	PRON
cjfa-48232	379	4	better	well	ADV
cjfa-48232	379	5	:	:	PUNCT
cjfa-48232	379	6	an	an	DET
cjfa-48232	379	7	investigation	investigation	NOUN
cjfa-48232	379	8	on	on	ADP
cjfa-48232	379	9	the	the	DET
cjfa-48232	379	10	association	association	NOUN
cjfa-48232	379	11	between	between	ADP
cjfa-48232	379	12	gender	gender	NOUN
cjfa-48232	379	13	diversity	diversity	NOUN
cjfa-48232	379	14	in	in	ADP
cjfa-48232	379	15	board	board	NOUN
cjfa-48232	379	16	of	of	ADP
cjfa-48232	379	17	directors	director	NOUN
cjfa-48232	379	18	and	and	CCONJ
cjfa-48232	379	19	the	the	DET
cjfa-48232	379	20	financial	financial	ADJ
cjfa-48232	379	21	performance	performance	NOUN
cjfa-48232	379	22	.	.	PUNCT
cjfa-48232	380	1	international	international	ADJ
cjfa-48232	380	2	journal	journal	PROPN
cjfa-48232	380	3	of	of	ADP
cjfa-48232	380	4	economics	economic	NOUN
cjfa-48232	380	5	and	and	CCONJ
cjfa-48232	380	6	financial	financial	ADJ
cjfa-48232	380	7	issues	issue	NOUN
cjfa-48232	380	8	,	,	PUNCT
cjfa-48232	380	9	7(6	7(6	NUM
cjfa-48232	380	10	)	)	PUNCT
cjfa-48232	380	11	,	,	PUNCT
cjfa-48232	380	12	41	41	NUM
cjfa-48232	380	13	-	-	SYM
cjfa-48232	380	14	50	50	NUM
cjfa-48232	380	15	.	.	PUNCT
cjfa-48232	381	1	sergent	sergent	PROPN
cjfa-48232	381	2	,	,	PUNCT
cjfa-48232	381	3	k.	k.	PROPN
cjfa-48232	381	4	,	,	PUNCT
cjfa-48232	381	5	&	&	CCONJ
cjfa-48232	381	6	stajkovic	stajkovic	PROPN
cjfa-48232	381	7	,	,	PUNCT
cjfa-48232	381	8	a.d	a.d	PROPN
cjfa-48232	381	9	.	.	PROPN
cjfa-48232	381	10	(	(	PUNCT
cjfa-48232	381	11	2020	2020	NUM
cjfa-48232	381	12	)	)	PUNCT
cjfa-48232	381	13	.	.	PUNCT
cjfa-48232	382	1	women	woman	NOUN
cjfa-48232	382	2	’s	’s	PART
cjfa-48232	382	3	leadership	leadership	NOUN
cjfa-48232	382	4	is	be	AUX
cjfa-48232	382	5	associated	associate	VERB
cjfa-48232	382	6	with	with	ADP
cjfa-48232	382	7	fewer	few	ADJ
cjfa-48232	382	8	deaths	death	NOUN
cjfa-48232	382	9	during	during	ADP
cjfa-48232	382	10	the	the	DET
cjfa-48232	382	11	covid-19	covid-19	PROPN
cjfa-48232	382	12	crisis	crisis	NOUN
cjfa-48232	382	13	:	:	PUNCT
cjfa-48232	382	14	quantitative	quantitative	ADJ
cjfa-48232	382	15	and	and	CCONJ
cjfa-48232	382	16	qualitative	qualitative	ADJ
cjfa-48232	382	17	analyses	analysis	NOUN
cjfa-48232	382	18	of	of	ADP
cjfa-48232	382	19	united	united	PROPN
cjfa-48232	382	20	states	states	PROPN
cjfa-48232	382	21	governors	governors	PROPN
cjfa-48232	382	22	.	.	PUNCT
cjfa-48232	383	1	journal	journal	PROPN
cjfa-48232	383	2	of	of	ADP
cjfa-48232	383	3	applied	apply	VERB
cjfa-48232	383	4	psychology	psychology	NOUN
cjfa-48232	383	5	,	,	PUNCT
cjfa-48232	383	6	105(8	105(8	NUM
cjfa-48232	383	7	)	)	PUNCT
cjfa-48232	383	8	,	,	PUNCT
cjfa-48232	383	9	771	771	NUM
cjfa-48232	383	10	-	-	SYM
cjfa-48232	383	11	783	783	NUM
cjfa-48232	383	12	.	.	PUNCT
cjfa-48232	384	1	https://doi	https://doi	X
cjfa-48232	384	2	.	.	PUNCT
cjfa-48232	384	3	org/10.1037	org/10.1037	PROPN
cjfa-48232	384	4	/	/	SYM
cjfa-48232	384	5	apl0000577	apl0000577	PROPN
cjfa-48232	384	6	.	.	PUNCT
cjfa-48232	385	1	sharpe	sharpe	PROPN
cjfa-48232	385	2	,	,	PUNCT
cjfa-48232	385	3	w.f	w.f	PROPN
cjfa-48232	385	4	.	.	PROPN
cjfa-48232	385	5	(	(	PUNCT
cjfa-48232	385	6	1966	1966	NUM
cjfa-48232	385	7	)	)	PUNCT
cjfa-48232	385	8	.	.	PUNCT
cjfa-48232	386	1	mutual	mutual	ADJ
cjfa-48232	386	2	fund	fund	NOUN
cjfa-48232	386	3	performance	performance	NOUN
cjfa-48232	386	4	.	.	PUNCT
cjfa-48232	387	1	the	the	DET
cjfa-48232	387	2	journal	journal	NOUN
cjfa-48232	387	3	of	of	ADP
cjfa-48232	387	4	business	business	NOUN
cjfa-48232	387	5	.	.	PUNCT
cjfa-48232	388	1	39	39	NUM
cjfa-48232	388	2	(	(	PUNCT
cjfa-48232	388	3	1	1	NUM
cjfa-48232	388	4	,	,	PUNCT
cjfa-48232	388	5	part	part	NOUN
cjfa-48232	388	6	2	2	NUM
cjfa-48232	388	7	:	:	PUNCT
cjfa-48232	388	8	supplement	supplement	NOUN
cjfa-48232	388	9	on	on	ADP
cjfa-48232	388	10	security	security	NOUN
cjfa-48232	388	11	prices	price	NOUN
cjfa-48232	388	12	)	)	PUNCT
cjfa-48232	388	13	,	,	PUNCT
cjfa-48232	388	14	119	119	NUM
cjfa-48232	388	15	-	-	SYM
cjfa-48232	388	16	138	138	NUM
cjfa-48232	388	17	.	.	PUNCT
cjfa-48232	389	1	http://www.jstor.org/stable/2351741	http://www.jstor.org/stable/2351741	PROPN
cjfa-48232	389	2	.	.	PUNCT
cjfa-48232	390	1	sila	sila	PROPN
cjfa-48232	390	2	,	,	PUNCT
cjfa-48232	390	3	v.	v.	PROPN
cjfa-48232	390	4	,	,	PUNCT
cjfa-48232	390	5	gonzales	gonzales	PROPN
cjfa-48232	390	6	,	,	PUNCT
cjfa-48232	390	7	a.	a.	PROPN
cjfa-48232	390	8	&	&	CCONJ
cjfa-48232	390	9	hagendorff	hagendorff	PROPN
cjfa-48232	390	10	,	,	PUNCT
cjfa-48232	390	11	j.	j.	PROPN
cjfa-48232	390	12	(	(	PUNCT
cjfa-48232	390	13	2016	2016	NUM
cjfa-48232	390	14	)	)	PUNCT
cjfa-48232	390	15	.	.	PUNCT
cjfa-48232	391	1	women	woman	NOUN
cjfa-48232	391	2	on	on	ADP
cjfa-48232	391	3	board	board	NOUN
cjfa-48232	391	4	:	:	PUNCT
cjfa-48232	391	5	does	do	AUX
cjfa-48232	391	6	boardroom	boardroom	VERB
cjfa-48232	391	7	gender	gender	NOUN
cjfa-48232	391	8	diversity	diversity	NOUN
cjfa-48232	391	9	affect	affect	VERB
cjfa-48232	391	10	firm	firm	ADJ
cjfa-48232	391	11	risk	risk	NOUN
cjfa-48232	391	12	?	?	PUNCT
cjfa-48232	392	1	journal	journal	NOUN
cjfa-48232	392	2	of	of	ADP
cjfa-48232	392	3	corporate	corporate	ADJ
cjfa-48232	392	4	finance	finance	NOUN
cjfa-48232	392	5	,	,	PUNCT
cjfa-48232	392	6	36	36	NUM
cjfa-48232	392	7	,	,	PUNCT
cjfa-48232	392	8	26	26	NUM
cjfa-48232	392	9	-	-	SYM
cjfa-48232	392	10	53	53	NUM
cjfa-48232	392	11	.	.	PUNCT
cjfa-48232	393	1	https://doi	https://doi	PROPN
cjfa-48232	393	2	.	.	PUNCT
cjfa-48232	393	3	org/10.1016	org/10.1016	PROPN
cjfa-48232	393	4	/	/	SYM
cjfa-48232	393	5	j.jcorpfin.2015.10.003	j.jcorpfin.2015.10.003	PROPN
cjfa-48232	393	6	.	.	PROPN
cjfa-48232	393	7	sudeck	sudeck	PROPN
cjfa-48232	393	8	,	,	PUNCT
cjfa-48232	393	9	k.	k.	PROPN
cjfa-48232	393	10	,	,	PUNCT
cjfa-48232	393	11	&	&	CCONJ
cjfa-48232	393	12	iatridis	iatridis	PROPN
cjfa-48232	393	13	,	,	PUNCT
cjfa-48232	393	14	g.	g.	PROPN
cjfa-48232	393	15	(	(	PUNCT
cjfa-48232	393	16	2014	2014	NUM
cjfa-48232	393	17	)	)	PUNCT
cjfa-48232	393	18	.	.	PUNCT
cjfa-48232	394	1	female	female	ADJ
cjfa-48232	394	2	board	board	NOUN
cjfa-48232	394	3	appointments	appointment	NOUN
cjfa-48232	394	4	and	and	CCONJ
cjfa-48232	394	5	stock	stock	NOUN
cjfa-48232	394	6	market	market	NOUN
cjfa-48232	394	7	reactions	reaction	NOUN
cjfa-48232	394	8	:	:	PUNCT
cjfa-48232	394	9	evidence	evidence	NOUN
cjfa-48232	394	10	from	from	ADP
cjfa-48232	394	11	the	the	DET
cjfa-48232	394	12	german	german	ADJ
cjfa-48232	394	13	stock	stock	NOUN
cjfa-48232	394	14	market	market	NOUN
cjfa-48232	394	15	.	.	PUNCT
cjfa-48232	395	1	investment	investment	NOUN
cjfa-48232	395	2	management	management	NOUN
cjfa-48232	395	3	and	and	CCONJ
cjfa-48232	395	4	financial	financial	ADJ
cjfa-48232	395	5	innovations	innovation	NOUN
cjfa-48232	395	6	,	,	PUNCT
cjfa-48232	395	7	11(3	11(3	NUM
cjfa-48232	395	8	)	)	PUNCT
cjfa-48232	395	9	,	,	PUNCT
cjfa-48232	395	10	73	73	NUM
cjfa-48232	395	11	-	-	SYM
cjfa-48232	395	12	80	80	NUM
cjfa-48232	395	13	.	.	PUNCT
cjfa-48232	396	1	suhermana	suhermana	PROPN
cjfa-48232	396	2	,	,	PUNCT
cjfa-48232	396	3	m.r	m.r	PROPN
cjfa-48232	396	4	.	.	PROPN
cjfa-48232	396	5	,	,	PUNCT
cjfa-48232	396	6	ramadhania	ramadhania	PROPN
cjfa-48232	396	7	,	,	PUNCT
cjfa-48232	396	8	g.	g.	PROPN
cjfa-48232	396	9	,	,	PUNCT
cjfa-48232	396	10	nazir	nazir	PROPN
cjfa-48232	396	11	,	,	PUNCT
cjfa-48232	396	12	a.	a.	PROPN
cjfa-48232	396	13	,	,	PUNCT
cjfa-48232	396	14	zakariad	zakariad	ADV
cjfa-48232	396	15	,	,	PUNCT
cjfa-48232	396	16	a.	a.	NOUN
cjfa-48232	396	17	,	,	PUNCT
cjfa-48232	396	18	&	&	CCONJ
cjfa-48232	396	19	witiastutie	witiastutie	PROPN
cjfa-48232	396	20	,	,	PUNCT
cjfa-48232	396	21	r.s	r.s	PROPN
cjfa-48232	396	22	.	.	PROPN
cjfa-48232	396	23	(	(	PUNCT
cjfa-48232	396	24	2021	2021	NUM
cjfa-48232	396	25	)	)	PUNCT
cjfa-48232	396	26	.	.	PUNCT
cjfa-48232	397	1	the	the	DET
cjfa-48232	397	2	effect	effect	NOUN
cjfa-48232	397	3	of	of	ADP
cjfa-48232	397	4	gender	gender	NOUN
cjfa-48232	397	5	diversity	diversity	NOUN
cjfa-48232	397	6	and	and	CCONJ
cjfa-48232	397	7	the	the	DET
cjfa-48232	397	8	business	business	NOUN
cjfa-48232	397	9	expertise	expertise	NOUN
cjfa-48232	397	10	of	of	ADP
cjfa-48232	397	11	female	female	ADJ
cjfa-48232	397	12	directors	director	NOUN
cjfa-48232	397	13	on	on	ADP
cjfa-48232	397	14	firm	firm	ADJ
cjfa-48232	397	15	performance	performance	NOUN
cjfa-48232	397	16	:	:	PUNCT
cjfa-48232	397	17	evidence	evidence	NOUN
cjfa-48232	397	18	from	from	ADP
cjfa-48232	397	19	the	the	DET
cjfa-48232	397	20	indonesia	indonesia	PROPN
cjfa-48232	397	21	stock	stock	PROPN
cjfa-48232	397	22	exchange	exchange	PROPN
cjfa-48232	397	23	.	.	PUNCT
cjfa-48232	398	1	international	international	ADJ
cjfa-48232	398	2	journal	journal	PROPN
cjfa-48232	398	3	of	of	ADP
cjfa-48232	398	4	business	business	NOUN
cjfa-48232	398	5	,	,	PUNCT
cjfa-48232	398	6	26(3	26(3	NUM
cjfa-48232	398	7	)	)	PUNCT
cjfa-48232	398	8	,	,	PUNCT
cjfa-48232	398	9	38	38	NUM
cjfa-48232	398	10	-	-	SYM
cjfa-48232	398	11	52	52	NUM
cjfa-48232	398	12	.	.	PUNCT
cjfa-48232	399	1	trinh	trinh	PROPN
cjfa-48232	399	2	,	,	PUNCT
cjfa-48232	399	3	v.q	v.q	PROPN
cjfa-48232	399	4	.	.	PROPN
cjfa-48232	399	5	,	,	PUNCT
cjfa-48232	399	6	pham	pham	PROPN
cjfa-48232	399	7	,	,	PUNCT
cjfa-48232	399	8	h.t	h.t	PROPN
cjfa-48232	399	9	.	.	PROPN
cjfa-48232	399	10	,	,	PUNCT
cjfa-48232	399	11	pham	pham	PROPN
cjfa-48232	399	12	,	,	PUNCT
cjfa-48232	399	13	t.n	t.n	PROPN
cjfa-48232	399	14	.	.	PROPN
cjfa-48232	399	15	,	,	PUNCT
cjfa-48232	399	16	&	&	CCONJ
cjfa-48232	399	17	nguyen	nguyen	PROPN
cjfa-48232	399	18	,	,	PUNCT
cjfa-48232	399	19	g.t	g.t	PROPN
cjfa-48232	399	20	.	.	PROPN
cjfa-48232	399	21	(	(	PUNCT
cjfa-48232	399	22	2018	2018	NUM
cjfa-48232	399	23	)	)	PUNCT
cjfa-48232	399	24	.	.	PUNCT
cjfa-48232	400	1	female	female	ADJ
cjfa-48232	400	2	leadership	leadership	NOUN
cjfa-48232	400	3	and	and	CCONJ
cjfa-48232	400	4	value	value	NOUN
cjfa-48232	400	5	creation	creation	NOUN
cjfa-48232	400	6	:	:	PUNCT
cjfa-48232	400	7	evidence	evidence	NOUN
cjfa-48232	400	8	from	from	ADP
cjfa-48232	400	9	london	london	PROPN
cjfa-48232	400	10	stock	stock	NOUN
cjfa-48232	400	11	exchange	exchange	NOUN
cjfa-48232	400	12	.	.	PUNCT
cjfa-48232	401	1	corporate	corporate	ADJ
cjfa-48232	401	2	ownership	ownership	NOUN
cjfa-48232	401	3	&	&	CCONJ
cjfa-48232	401	4	control	control	NOUN
cjfa-48232	401	5	,	,	PUNCT
cjfa-48232	401	6	15(2	15(2	NUM
cjfa-48232	401	7	-	-	SYM
cjfa-48232	401	8	1	1	NUM
cjfa-48232	401	9	)	)	PUNCT
cjfa-48232	401	10	,	,	PUNCT
cjfa-48232	401	11	248	248	NUM
cjfa-48232	401	12	-	-	SYM
cjfa-48232	401	13	257	257	NUM
cjfa-48232	401	14	.	.	PUNCT
cjfa-48232	402	1	https://doi.org/10.22495/cocv15i2c1p10	https://doi.org/10.22495/cocv15i2c1p10	AUX
cjfa-48232	402	2	.	.	PROPN
cjfa-48232	402	3	valls	valls	PROPN
cjfa-48232	402	4	martinez	martinez	PROPN
cjfa-48232	402	5	,	,	PUNCT
cjfa-48232	402	6	m.c	m.c	PROPN
cjfa-48232	402	7	.	.	PROPN
cjfa-48232	402	8	,	,	PUNCT
cjfa-48232	402	9	&	&	CCONJ
cjfa-48232	402	10	cruz	cruz	PROPN
cjfa-48232	402	11	rambaud	rambaud	PROPN
cjfa-48232	402	12	,	,	PUNCT
cjfa-48232	402	13	s.	s.	PROPN
cjfa-48232	402	14	(	(	PUNCT
cjfa-48232	402	15	2019	2019	NUM
cjfa-48232	402	16	)	)	PUNCT
cjfa-48232	402	17	.	.	PUNCT
cjfa-48232	403	1	women	woman	NOUN
cjfa-48232	403	2	on	on	ADP
cjfa-48232	403	3	corporate	corporate	ADJ
cjfa-48232	403	4	boards	board	NOUN
cjfa-48232	403	5	and	and	CCONJ
cjfa-48232	403	6	firm	firm	NOUN
cjfa-48232	403	7	’s	’s	PART
cjfa-48232	403	8	financial	financial	ADJ
cjfa-48232	403	9	performance	performance	NOUN
cjfa-48232	403	10	.	.	PUNCT
cjfa-48232	404	1	women	woman	NOUN
cjfa-48232	404	2	’s	’s	PART
cjfa-48232	404	3	studies	studies	PROPN
cjfa-48232	404	4	international	international	PROPN
cjfa-48232	404	5	forum	forum	PROPN
cjfa-48232	404	6	,	,	PUNCT
cjfa-48232	404	7	76	76	NUM
cjfa-48232	404	8	,	,	PUNCT
cjfa-48232	404	9	102251	102251	NUM
cjfa-48232	404	10	-	-	SYM
cjfa-48232	404	11	102211	102211	NUM
cjfa-48232	404	12	.	.	PUNCT
cjfa-48232	405	1	https://doi.org/10.1016/j.wsif.2019.102251	https://doi.org/10.1016/j.wsif.2019.102251	PROPN
cjfa-48232	405	2	.	.	PUNCT
cjfa-48232	406	1	valls	valls	PROPN
cjfa-48232	406	2	martinez	martinez	PROPN
cjfa-48232	406	3	,	,	PUNCT
cjfa-48232	406	4	m.c	m.c	PROPN
cjfa-48232	406	5	.	.	PROPN
cjfa-48232	406	6	,	,	PUNCT
cjfa-48232	406	7	&	&	CCONJ
cjfa-48232	406	8	soriano	soriano	PROPN
cjfa-48232	406	9	román	román	PROPN
cjfa-48232	406	10	,	,	PUNCT
cjfa-48232	406	11	r.	r.	PROPN
cjfa-48232	406	12	(	(	PUNCT
cjfa-48232	406	13	2022	2022	NUM
cjfa-48232	406	14	)	)	PUNCT
cjfa-48232	406	15	.	.	PUNCT
cjfa-48232	407	1	women	woman	NOUN
cjfa-48232	407	2	in	in	ADP
cjfa-48232	407	3	monitoring	monitor	VERB
cjfa-48232	407	4	positions	position	NOUN
cjfa-48232	407	5	and	and	CCONJ
cjfa-48232	407	6	market	market	NOUN
cjfa-48232	407	7	risk	risk	NOUN
cjfa-48232	407	8	.	.	PUNCT
cjfa-48232	408	1	are	be	AUX
cjfa-48232	408	2	the	the	DET
cjfa-48232	408	3	stocks	stock	NOUN
cjfa-48232	408	4	of	of	ADP
cjfa-48232	408	5	companies	company	NOUN
cjfa-48232	408	6	with	with	ADP
cjfa-48232	408	7	gender	gender	NOUN
cjfa-48232	408	8	diverse	diverse	ADJ
cjfa-48232	408	9	boards	board	NOUN
cjfa-48232	408	10	less	less	ADV
cjfa-48232	408	11	volatile	volatile	ADJ
cjfa-48232	408	12	?	?	PUNCT
cjfa-48232	409	1	frontiers	frontier	NOUN
cjfa-48232	409	2	in	in	ADP
cjfa-48232	409	3	psychologie	psychologie	NOUN
cjfa-48232	409	4	,	,	PUNCT
cjfa-48232	409	5	13	13	NUM
cjfa-48232	409	6	.	.	PUNCT
cjfa-48232	410	1	https://doi.org/10.3389/fpsyg.2022.1049175	https://doi.org/10.3389/fpsyg.2022.1049175	PROPN
cjfa-48232	410	2	.	.	PUNCT
cjfa-48232	411	1	yang	yang	PROPN
cjfa-48232	411	2	,	,	PUNCT
cjfa-48232	411	3	p.	p.	PROPN
cjfa-48232	411	4	,	,	PUNCT
cjfa-48232	411	5	riepe	riepe	PROPN
cjfa-48232	411	6	j.	j.	PROPN
cjfa-48232	411	7	,	,	PUNCT
cjfa-48232	411	8	moser	moser	PROPN
cjfa-48232	411	9	,	,	PUNCT
cjfa-48232	411	10	k.	k.	PROPN
cjfa-48232	411	11	,	,	PUNCT
cjfa-48232	411	12	pull	pull	VERB
cjfa-48232	411	13	,	,	PUNCT
cjfa-48232	411	14	k.	k.	PROPN
cjfa-48232	411	15	,	,	PUNCT
cjfa-48232	411	16	&	&	CCONJ
cjfa-48232	411	17	terjesen	terjesen	PROPN
cjfa-48232	411	18	,	,	PUNCT
cjfa-48232	411	19	s.	s.	PROPN
cjfa-48232	411	20	(	(	PUNCT
cjfa-48232	411	21	2019	2019	NUM
cjfa-48232	411	22	)	)	PUNCT
cjfa-48232	411	23	.	.	PUNCT
cjfa-48232	412	1	women	woman	NOUN
cjfa-48232	412	2	directors	director	NOUN
cjfa-48232	412	3	,	,	PUNCT
cjfa-48232	412	4	firm	firm	ADJ
cjfa-48232	412	5	performance	performance	NOUN
cjfa-48232	412	6	,	,	PUNCT
cjfa-48232	412	7	and	and	CCONJ
cjfa-48232	412	8	firm	firm	ADJ
cjfa-48232	412	9	risk	risk	NOUN
cjfa-48232	412	10	:	:	PUNCT
cjfa-48232	412	11	a	a	DET
cjfa-48232	412	12	causal	causal	ADJ
cjfa-48232	412	13	perspective	perspective	NOUN
cjfa-48232	412	14	.	.	PUNCT
cjfa-48232	413	1	the	the	DET
cjfa-48232	413	2	leadership	leadership	NOUN
cjfa-48232	413	3	quartely	quartely	ADV
cjfa-48232	413	4	,	,	PUNCT
cjfa-48232	413	5	30(5	30(5	NUM
cjfa-48232	413	6	)	)	PUNCT
cjfa-48232	413	7	,	,	PUNCT
cjfa-48232	413	8	101297	101297	NUM
cjfa-48232	413	9	.	.	PUNCT
cjfa-48232	414	1	https://doi.org/10.1016/j.leaqua.2019.05.004	https://doi.org/10.1016/j.leaqua.2019.05.004	PROPN
cjfa-48232	414	2	.	.	PUNCT
cjfa-48232	414	3	yu	yu	PROPN
cjfa-48232	414	4	,	,	PUNCT
cjfa-48232	414	5	j.	j.	PROPN
cjfa-48232	414	6	,	,	PUNCT
cjfa-48232	414	7	&	&	CCONJ
cjfa-48232	414	8	madison	madison	PROPN
cjfa-48232	414	9	,	,	PUNCT
cjfa-48232	414	10	g.	g.	PROPN
cjfa-48232	414	11	(	(	PUNCT
cjfa-48232	414	12	2021	2021	NUM
cjfa-48232	414	13	)	)	PUNCT
cjfa-48232	414	14	.	.	PUNCT
cjfa-48232	415	1	gender	gender	NOUN
cjfa-48232	415	2	quotas	quota	NOUN
cjfa-48232	415	3	and	and	CCONJ
cjfa-48232	415	4	company	company	NOUN
cjfa-48232	415	5	financial	financial	ADJ
cjfa-48232	415	6	performance	performance	NOUN
cjfa-48232	415	7	:	:	PUNCT
cjfa-48232	415	8	a	a	DET
cjfa-48232	415	9	systematic	systematic	ADJ
cjfa-48232	415	10	review	review	NOUN
cjfa-48232	415	11	.	.	PUNCT
cjfa-48232	416	1	economic	economic	ADJ
cjfa-48232	416	2	affairs	affair	NOUN
cjfa-48232	416	3	,	,	PUNCT
cjfa-48232	416	4	41(3	41(3	NUM
cjfa-48232	416	5	)	)	PUNCT
cjfa-48232	416	6	,	,	PUNCT
cjfa-48232	416	7	377	377	NUM
cjfa-48232	416	8	-	-	SYM
cjfa-48232	416	9	390	390	NUM
cjfa-48232	416	10	.	.	PUNCT
cjfa-48232	417	1	https://doi.org/10.1111/	https://doi.org/10.1111/	PROPN
cjfa-48232	417	2	ecaf.12487	ecaf.12487	PROPN
cjfa-48232	417	3	.	.	PROPN
cjfa-48232	417	4	https://doi.org/10.1016/j.intfin.2021.101360	https://doi.org/10.1016/j.intfin.2021.101360	PROPN
cjfa-48232	417	5	https://doi.org/10.1016/j.intfin.2021.101360	https://doi.org/10.1016/j.intfin.2021.101360	PROPN
cjfa-48232	417	6	http://dx.doi.org/10.2139/ssrn.2737833	http://dx.doi.org/10.2139/ssrn.2737833	PROPN
cjfa-48232	417	7	.	.	PUNCT
cjfa-48232	417	8	http://dx.doi.org/10.2139/ssrn.2737833	http://dx.doi.org/10.2139/ssrn.2737833	PROPN
cjfa-48232	417	9	.	.	PUNCT
cjfa-48232	418	1	http://www.jstor.org/stable/2351741	http://www.jstor.org/stable/2351741	NOUN
cjfa-48232	418	2	https://econpapers.repec.org/scripts/redir.pf?u=https%3a%2f%2fdoi.org%2f10.1016%252fj.jcorpfin.2015.10.003;h=repec:eee:corfin:v:36:y:2016:i:c:p:26-53	https://econpapers.repec.org/scripts/redir.pf?u=https%3a%2f%2fdoi.org%2f10.1016%252fj.jcorpfin.2015.10.003;h=repec:eee:corfin:v:36:y:2016:i:c:p:26-53	NOUN
cjfa-48232	418	3	https://doi.org/10.3389/fpsyg.2022.1049175	https://doi.org/10.3389/fpsyg.2022.1049175	PROPN
cjfa-48232	418	4	https://doi.org/10.1016/j.leaqua.2019.05.004	https://doi.org/10.1016/j.leaqua.2019.05.004	X
cjfa-48232	418	5	https://doi.org/10.1111/ecaf.12487	https://doi.org/10.1111/ecaf.12487	PUNCT
cjfa-48232	418	6	https://doi.org/10.1111/ecaf.12487	https://doi.org/10.1111/ecaf.12487	PROPN
cjfa-48232	418	7	tanja	tanja	PROPN
cjfa-48232	418	8	sinha9898	sinha9898	PROPN
cjfa-48232	418	9	zenger	zenger	NOUN
cjfa-48232	418	10	,	,	PUNCT
cjfa-48232	418	11	j.	j.	PROPN
cjfa-48232	418	12	,	,	PUNCT
cjfa-48232	418	13	&	&	CCONJ
cjfa-48232	418	14	folkman	folkman	PROPN
cjfa-48232	418	15	,	,	PUNCT
cjfa-48232	418	16	j.	j.	PROPN
cjfa-48232	418	17	(	(	PUNCT
cjfa-48232	418	18	2020	2020	NUM
cjfa-48232	418	19	)	)	PUNCT
cjfa-48232	418	20	.	.	PUNCT
cjfa-48232	419	1	research	research	NOUN
cjfa-48232	419	2	:	:	PUNCT
cjfa-48232	419	3	women	woman	NOUN
cjfa-48232	419	4	are	be	AUX
cjfa-48232	419	5	better	well	ADJ
cjfa-48232	419	6	leaders	leader	NOUN
cjfa-48232	419	7	during	during	ADP
cjfa-48232	419	8	a	a	DET
cjfa-48232	419	9	crisis	crisis	NOUN
cjfa-48232	419	10	.	.	PUNCT
cjfa-48232	420	1	harvard	harvard	PROPN
cjfa-48232	420	2	business	business	PROPN
cjfa-48232	420	3	review	review	PROPN
cjfa-48232	420	4	.	.	PUNCT
cjfa-48232	421	1	https://hbr.org/2020/12/research-women-are-betterleaders-during-a-crisis	https://hbr.org/2020/12/research-women-are-betterleaders-during-a-crisis	NOUN
cjfa-48232	421	2	(	(	PUNCT
cjfa-48232	421	3	accessed	access	VERB
cjfa-48232	421	4	:	:	PUNCT
cjfa-48232	421	5	03.03.2023	03.03.2023	NUM
cjfa-48232	421	6	)	)	PUNCT
cjfa-48232	421	7	.	.	PUNCT
cjfa-48232	422	1	(	(	PUNCT
cjfa-48232	422	2	www1	www1	PROPN
cjfa-48232	422	3	)	)	PUNCT
cjfa-48232	422	4	https://company.cewe.de/de/ueber-uns/	https://company.cewe.de/de/ueber-uns/	PROPN
cjfa-48232	422	5	(	(	PUNCT
cjfa-48232	422	6	accessed	access	VERB
cjfa-48232	422	7	:	:	PUNCT
cjfa-48232	422	8	10.03.2023	10.03.2023	NUM
cjfa-48232	422	9	)	)	PUNCT
cjfa-48232	422	10	.	.	PUNCT
cjfa-48232	423	1	(	(	PUNCT
cjfa-48232	423	2	www2	www2	PROPN
cjfa-48232	423	3	)	)	PUNCT
cjfa-48232	423	4	https://www.covestro.com/de/company/	https://www.covestro.com/de/company/	PROPN
cjfa-48232	423	5	(	(	PUNCT
cjfa-48232	423	6	accessed	access	VERB
cjfa-48232	423	7	:	:	PUNCT
cjfa-48232	423	8	10.03.2023	10.03.2023	NUM
cjfa-48232	423	9	)	)	PUNCT
cjfa-48232	423	10	.	.	PUNCT
cjfa-48232	424	1	(	(	PUNCT
cjfa-48232	424	2	www3	www3	PROPN
cjfa-48232	424	3	)	)	PUNCT
cjfa-48232	424	4	https://www.fuchs.com/gruppe/unternehmen/	https://www.fuchs.com/gruppe/unternehmen/	PROPN
cjfa-48232	424	5	(	(	PUNCT
cjfa-48232	424	6	accessed	access	VERB
cjfa-48232	424	7	:	:	PUNCT
cjfa-48232	424	8	10.03.2023	10.03.2023	NUM
cjfa-48232	424	9	)	)	PUNCT
cjfa-48232	424	10	.	.	PUNCT
cjfa-48232	425	1	(	(	PUNCT
cjfa-48232	425	2	www4	www4	PROPN
cjfa-48232	425	3	)	)	PUNCT
cjfa-48232	425	4	https://www.hornbach-holding.de/unternehmen/	https://www.hornbach-holding.de/unternehmen/	NOUN
cjfa-48232	425	5	(	(	PUNCT
cjfa-48232	425	6	accessed	access	VERB
cjfa-48232	425	7	:	:	PUNCT
cjfa-48232	425	8	10.03.2023	10.03.2023	NUM
cjfa-48232	425	9	)	)	PUNCT
cjfa-48232	425	10	.	.	PUNCT
cjfa-48232	426	1	(	(	PUNCT
cjfa-48232	426	2	www5	www5	NOUN
cjfa-48232	426	3	)	)	PUNCT
cjfa-48232	426	4	https://www.morphosys.com/de/home	https://www.morphosys.com/de/home	PROPN
cjfa-48232	426	5	(	(	PUNCT
cjfa-48232	426	6	accessed	access	VERB
cjfa-48232	426	7	:	:	PUNCT
cjfa-48232	426	8	10.03.2023	10.03.2023	NUM
cjfa-48232	426	9	)	)	PUNCT
cjfa-48232	426	10	.	.	PUNCT
cjfa-48232	427	1	(	(	PUNCT
cjfa-48232	427	2	www6	www6	PROPN
cjfa-48232	427	3	)	)	PUNCT
cjfa-48232	427	4	https://www.refinitiv.com/en	https://www.refinitiv.com/en	PROPN
cjfa-48232	427	5	(	(	PUNCT
cjfa-48232	427	6	accessed	access	VERB
cjfa-48232	427	7	:	:	PUNCT
cjfa-48232	427	8	10.03.2023	10.03.2023	NUM
cjfa-48232	427	9	)	)	PUNCT
cjfa-48232	427	10	.	.	PUNCT
cjfa-48232	428	1	(	(	PUNCT
cjfa-48232	428	2	www7	www7	NOUN
cjfa-48232	428	3	)	)	PUNCT
cjfa-48232	428	4	https://corporate.zalando.com/de	https://corporate.zalando.com/de	PROPN
cjfa-48232	428	5	(	(	PUNCT
cjfa-48232	428	6	accessed	access	VERB
cjfa-48232	428	7	:	:	PUNCT
cjfa-48232	428	8	10.03.2023	10.03.2023	NUM
cjfa-48232	428	9	)	)	PUNCT
cjfa-48232	428	10	.	.	PUNCT
cjfa-48232	429	1	https://hbr.org/2020/12/research-women-are-better-leaders-during-a-crisis	https://hbr.org/2020/12/research-women-are-better-leaders-during-a-crisis	PROPN
cjfa-48232	429	2	https://hbr.org/2020/12/research-women-are-better-leaders-during-a-crisis	https://hbr.org/2020/12/research-women-are-better-leaders-during-a-crisis	PROPN
cjfa-48232	429	3	https://www.covestro.com/de/company/management	https://www.covestro.com/de/company/management	PROPN
cjfa-48232	429	4	https://www.fuchs.com/gruppe/unternehmen/	https://www.fuchs.com/gruppe/unternehmen/	PROPN
cjfa-48232	429	5	https://www.hornbach-holding.de/unternehmen/	https://www.hornbach-holding.de/unternehmen/	NOUN
cjfa-48232	429	6	https://www.morphosys.com/de/home	https://www.morphosys.com/de/home	NOUN
cjfa-48232	429	7	https://www.refinitiv.com/en	https://www.refinitiv.com/en	PROPN
cjfa-48232	429	8	https://corporate.zalando.com/de	https://corporate.zalando.com/de	NOUN