id	sid	tid	token	lemma	pos
cjfa-49835	1	1	date	date	NOUN
cjfa-49835	1	2	of	of	ADP
cjfa-49835	1	3	submission	submission	NOUN
cjfa-49835	1	4	:	:	PUNCT
cjfa-49835	1	5	august	august	PROPN
cjfa-49835	1	6	13	13	NUM
cjfa-49835	1	7	,	,	PUNCT
cjfa-49835	1	8	2023	2023	NUM
cjfa-49835	1	9	;	;	PUNCT
cjfa-49835	1	10	date	date	NOUN
cjfa-49835	1	11	of	of	ADP
cjfa-49835	1	12	acceptance	acceptance	NOUN
cjfa-49835	1	13	:	:	PUNCT
cjfa-49835	1	14	december	december	PROPN
cjfa-49835	1	15	29	29	NUM
cjfa-49835	1	16	,	,	PUNCT
cjfa-49835	1	17	2023	2023	NUM
cjfa-49835	1	18	.	.	PUNCT
cjfa-49835	2	1	*	*	PUNCT
cjfa-49835	2	2	contact	contact	NOUN
cjfa-49835	2	3	information	information	NOUN
cjfa-49835	2	4	:	:	PUNCT
cjfa-49835	2	5	srikanthyadav444p@gmail.com	srikanthyadav444p@gmail.com	NUM
cjfa-49835	2	6	,	,	PUNCT
cjfa-49835	2	7	department	department	NOUN
cjfa-49835	2	8	of	of	ADP
cjfa-49835	2	9	finance	finance	NOUN
cjfa-49835	2	10	and	and	CCONJ
cjfa-49835	2	11	accounting	accounting	NOUN
cjfa-49835	2	12	,	,	PUNCT
cjfa-49835	2	13	icfai	icfai	NUM
cjfa-49835	2	14	business	business	NOUN
cjfa-49835	2	15	school	school	NOUN
cjfa-49835	2	16	(	(	PUNCT
cjfa-49835	2	17	ibs	ibs	PROPN
cjfa-49835	2	18	)	)	PUNCT
cjfa-49835	2	19	,	,	PUNCT
cjfa-49835	2	20	a	a	DET
cjfa-49835	2	21	constituent	constituent	NOUN
cjfa-49835	2	22	of	of	ADP
cjfa-49835	2	23	ifhe	ifhe	NOUN
cjfa-49835	2	24	,	,	PUNCT
cjfa-49835	2	25	deemed	deem	VERB
cjfa-49835	2	26	to	to	PART
cjfa-49835	2	27	be	be	AUX
cjfa-49835	2	28	university	university	NOUN
cjfa-49835	2	29	,	,	PUNCT
cjfa-49835	2	30	hyderabad	hyderabad	PROPN
cjfa-49835	2	31	,	,	PUNCT
cjfa-49835	2	32	telangana	telangana	PROPN
cjfa-49835	2	33	,	,	PUNCT
cjfa-49835	2	34	501203	501203	NUM
cjfa-49835	2	35	,	,	PUNCT
cjfa-49835	2	36	india	india	PROPN
cjfa-49835	2	37	,	,	PUNCT
cjfa-49835	2	38	phone	phone	NOUN
cjfa-49835	2	39	:	:	PUNCT
cjfa-49835	2	40	+91	+91	PROPN
cjfa-49835	2	41	-	-	PUNCT
cjfa-49835	2	42	9703664124	9703664124	NUM
cjfa-49835	2	43	;	;	PUNCT
cjfa-49835	2	44	orcid	orcid	PROPN
cjfa-49835	3	1	i	i	NOUN
cjfa-49835	3	2	d	d	PROPN
cjfa-49835	3	3	:	:	PUNCT
cjfa-49835	3	4	https://	https://	NOUN
cjfa-49835	3	5	orcid.org/0000-0003-3176-9675	orcid.org/0000-0003-3176-9675	NOUN
cjfa-49835	3	6	.	.	PUNCT
cjfa-49835	4	1	*	*	PUNCT
cjfa-49835	4	2	*	*	PUNCT
cjfa-49835	4	3	contact	contact	NOUN
cjfa-49835	4	4	information	information	NOUN
cjfa-49835	4	5	:	:	PUNCT
cjfa-49835	4	6	umankolpula@gmail.com	umankolpula@gmail.com	X
cjfa-49835	4	7	,	,	PUNCT
cjfa-49835	4	8	department	department	NOUN
cjfa-49835	4	9	of	of	ADP
cjfa-49835	4	10	finance	finance	NOUN
cjfa-49835	4	11	and	and	CCONJ
cjfa-49835	4	12	accounting	accounting	NOUN
cjfa-49835	4	13	,	,	PUNCT
cjfa-49835	4	14	icfai	icfai	NUM
cjfa-49835	4	15	business	business	NOUN
cjfa-49835	4	16	school	school	NOUN
cjfa-49835	4	17	(	(	PUNCT
cjfa-49835	4	18	ibs	ibs	PROPN
cjfa-49835	4	19	)	)	PUNCT
cjfa-49835	4	20	,	,	PUNCT
cjfa-49835	4	21	a	a	DET
cjfa-49835	4	22	constituent	constituent	NOUN
cjfa-49835	4	23	of	of	ADP
cjfa-49835	4	24	ifhe	ifhe	NOUN
cjfa-49835	4	25	,	,	PUNCT
cjfa-49835	4	26	deemed	deem	VERB
cjfa-49835	4	27	to	to	PART
cjfa-49835	4	28	be	be	AUX
cjfa-49835	4	29	university	university	NOUN
cjfa-49835	4	30	,	,	PUNCT
cjfa-49835	4	31	hyderabad	hyderabad	PROPN
cjfa-49835	4	32	,	,	PUNCT
cjfa-49835	4	33	telangana	telangana	PROPN
cjfa-49835	4	34	,	,	PUNCT
cjfa-49835	4	35	501203	501203	NUM
cjfa-49835	4	36	,	,	PUNCT
cjfa-49835	4	37	india	india	PROPN
cjfa-49835	4	38	,	,	PUNCT
cjfa-49835	4	39	phone	phone	NOUN
cjfa-49835	4	40	:	:	PUNCT
cjfa-49835	4	41	+91	+91	NOUN
cjfa-49835	4	42	-	-	PUNCT
cjfa-49835	4	43	8985892260	8985892260	NUM
cjfa-49835	4	44	;	;	PUNCT
cjfa-49835	4	45	orcid	orcid	NOUN
cjfa-49835	5	1	i	i	NOUN
cjfa-49835	5	2	d	d	NOUN
cjfa-49835	5	3	:	:	PUNCT
cjfa-49835	5	4	https://orcid.org/0009-0001-0228-4858	https://orcid.org/0009-0001-0228-4858	PROPN
cjfa-49835	5	5	.	.	PUNCT
cjfa-49835	6	1	copernican	copernican	PROPN
cjfa-49835	6	2	journal	journal	PROPN
cjfa-49835	6	3	of	of	ADP
cjfa-49835	6	4	finance	finance	PROPN
cjfa-49835	6	5	&	&	CCONJ
cjfa-49835	6	6	accounting	accounting	PROPN
cjfa-49835	6	7	e	e	PROPN
cjfa-49835	6	8	-	-	PROPN
cjfa-49835	6	9	issn	issn	PROPN
cjfa-49835	6	10	2300	2300	NUM
cjfa-49835	6	11	-	-	SYM
cjfa-49835	6	12	3065	3065	NUM
cjfa-49835	6	13	p	p	PROPN
cjfa-49835	6	14	-	-	PUNCT
cjfa-49835	6	15	issn	issn	PROPN
cjfa-49835	6	16	2300	2300	NUM
cjfa-49835	6	17	-	-	SYM
cjfa-49835	6	18	12402023	12402023	NUM
cjfa-49835	6	19	,	,	PUNCT
cjfa-49835	6	20	volume	volume	NOUN
cjfa-49835	6	21	12	12	NUM
cjfa-49835	6	22	,	,	PUNCT
cjfa-49835	6	23	issue	issue	NOUN
cjfa-49835	6	24	4	4	NUM
cjfa-49835	6	25	potharla	potharla	NOUN
cjfa-49835	6	26	,	,	PUNCT
cjfa-49835	6	27	s.	s.	PROPN
cjfa-49835	6	28	,	,	PUNCT
cjfa-49835	6	29	&	&	CCONJ
cjfa-49835	6	30	kolpula	kolpula	PROPN
cjfa-49835	6	31	,	,	PUNCT
cjfa-49835	6	32	s.	s.	PROPN
cjfa-49835	6	33	(	(	PUNCT
cjfa-49835	6	34	2023	2023	NUM
cjfa-49835	6	35	)	)	PUNCT
cjfa-49835	6	36	.	.	PUNCT
cjfa-49835	7	1	board	board	NOUN
cjfa-49835	7	2	independence	independence	NOUN
cjfa-49835	7	3	and	and	CCONJ
cjfa-49835	7	4	earnings	earning	NOUN
cjfa-49835	7	5	stability	stability	NOUN
cjfa-49835	7	6	:	:	PUNCT
cjfa-49835	7	7	a	a	DET
cjfa-49835	7	8	non	non	ADJ
cjfa-49835	7	9	-	-	ADJ
cjfa-49835	7	10	linear	linear	ADJ
cjfa-49835	7	11	perspective	perspective	NOUN
cjfa-49835	7	12	from	from	ADP
cjfa-49835	7	13	indian	indian	ADJ
cjfa-49835	7	14	companies	company	NOUN
cjfa-49835	7	15	.	.	PUNCT
cjfa-49835	8	1	copernican	copernican	PROPN
cjfa-49835	8	2	journal	journal	PROPN
cjfa-49835	8	3	of	of	ADP
cjfa-49835	8	4	finance	finance	PROPN
cjfa-49835	8	5	&	&	CCONJ
cjfa-49835	8	6	accounting	accounting	NOUN
cjfa-49835	8	7	,	,	PUNCT
cjfa-49835	8	8	12(4	12(4	NUM
cjfa-49835	8	9	)	)	PUNCT
cjfa-49835	8	10	,	,	PUNCT
cjfa-49835	8	11	73–88	73–88	X
cjfa-49835	8	12	.	.	PUNCT
cjfa-49835	8	13	http://dx.doi.org/10.12775/cjfa.2023.021	http://dx.doi.org/10.12775/cjfa.2023.021	PROPN
cjfa-49835	9	1	srikanth	srikanth	PROPN
cjfa-49835	9	2	potharla	potharla	PROPN
cjfa-49835	9	3	*	*	PUNCT
cjfa-49835	9	4	icfai	icfai	PROPN
cjfa-49835	9	5	business	business	NOUN
cjfa-49835	9	6	school	school	NOUN
cjfa-49835	9	7	(	(	PUNCT
cjfa-49835	9	8	ibs	ibs	PROPN
cjfa-49835	9	9	)	)	PUNCT
cjfa-49835	9	10	suman	suman	NOUN
cjfa-49835	9	11	kolpula	kolpula	PROPN
cjfa-49835	9	12	*	*	PROPN
cjfa-49835	9	13	*	*	PROPN
cjfa-49835	9	14	icfai	icfai	PROPN
cjfa-49835	9	15	business	business	NOUN
cjfa-49835	9	16	school	school	NOUN
cjfa-49835	9	17	(	(	PUNCT
cjfa-49835	9	18	ibs	ibs	PROPN
cjfa-49835	9	19	)	)	PUNCT
cjfa-49835	9	20	board	board	NOUN
cjfa-49835	9	21	independence	independence	NOUN
cjfa-49835	9	22	and	and	CCONJ
cjfa-49835	9	23	earnings	earning	NOUN
cjfa-49835	9	24	stability	stability	NOUN
cjfa-49835	9	25	:	:	PUNCT
cjfa-49835	9	26	a	a	DET
cjfa-49835	9	27	non	non	ADJ
cjfa-49835	9	28	-	-	ADJ
cjfa-49835	9	29	linear	linear	ADJ
cjfa-49835	9	30	perspective	perspective	NOUN
cjfa-49835	9	31	from	from	ADP
cjfa-49835	9	32	indian	indian	ADJ
cjfa-49835	9	33	companies	company	NOUN
cjfa-49835	9	34	keywords	keyword	NOUN
cjfa-49835	9	35	:	:	PUNCT
cjfa-49835	9	36	corporate	corporate	ADJ
cjfa-49835	9	37	governance	governance	NOUN
cjfa-49835	9	38	,	,	PUNCT
cjfa-49835	9	39	board	board	NOUN
cjfa-49835	9	40	independence	independence	NOUN
cjfa-49835	9	41	,	,	PUNCT
cjfa-49835	9	42	stability	stability	NOUN
cjfa-49835	9	43	of	of	ADP
cjfa-49835	9	44	earnings	earning	NOUN
cjfa-49835	9	45	,	,	PUNCT
cjfa-49835	9	46	non	non	ADJ
cjfa-49835	9	47	-	-	ADJ
cjfa-49835	9	48	linear	linear	ADJ
cjfa-49835	9	49	approach	approach	NOUN
cjfa-49835	9	50	,	,	PUNCT
cjfa-49835	9	51	indian	indian	ADJ
cjfa-49835	9	52	companies	company	NOUN
cjfa-49835	9	53	.	.	PUNCT
cjfa-49835	10	1	j	j	PROPN
cjfa-49835	10	2	e	e	PROPN
cjfa-49835	10	3	l	l	PROPN
cjfa-49835	10	4	classification	classification	NOUN
cjfa-49835	10	5	:	:	PUNCT
cjfa-49835	10	6	g3	g3	PROPN
cjfa-49835	10	7	,	,	PUNCT
cjfa-49835	10	8	g34	g34	NOUN
cjfa-49835	10	9	,	,	PUNCT
cjfa-49835	10	10	l25	l25	NOUN
cjfa-49835	10	11	.	.	PUNCT
cjfa-49835	11	1	abstract	abstract	NOUN
cjfa-49835	11	2	:	:	PUNCT
cjfa-49835	11	3	this	this	DET
cjfa-49835	11	4	research	research	NOUN
cjfa-49835	11	5	examines	examine	VERB
cjfa-49835	11	6	the	the	DET
cjfa-49835	11	7	relationship	relationship	NOUN
cjfa-49835	11	8	between	between	ADP
cjfa-49835	11	9	board	board	NOUN
cjfa-49835	11	10	independence	independence	NOUN
cjfa-49835	11	11	and	and	CCONJ
cjfa-49835	11	12	earnings	earning	NOUN
cjfa-49835	11	13	stability	stability	NOUN
cjfa-49835	11	14	in	in	ADP
cjfa-49835	11	15	indian	indian	ADJ
cjfa-49835	11	16	companies	company	NOUN
cjfa-49835	11	17	.	.	PUNCT
cjfa-49835	12	1	the	the	DET
cjfa-49835	12	2	study	study	NOUN
cjfa-49835	12	3	focuses	focus	VERB
cjfa-49835	12	4	on	on	ADP
cjfa-49835	12	5	the	the	DET
cjfa-49835	12	6	bse-500	bse-500	NOUN
cjfa-49835	12	7	index	index	NOUN
cjfa-49835	12	8	constituents	constituent	NOUN
cjfa-49835	12	9	,	,	PUNCT
cjfa-49835	12	10	which	which	PRON
cjfa-49835	12	11	represent	represent	VERB
cjfa-49835	12	12	4,044	4,044	NUM
cjfa-49835	12	13	firm	firm	ADJ
cjfa-49835	12	14	-	-	PUNCT
cjfa-49835	12	15	years	year	NOUN
cjfa-49835	12	16	from	from	ADP
cjfa-49835	12	17	2011	2011	NUM
cjfa-49835	12	18	to	to	ADP
cjfa-49835	12	19	2022	2022	NUM
cjfa-49835	12	20	,	,	PUNCT
cjfa-49835	12	21	and	and	CCONJ
cjfa-49835	12	22	aims	aim	VERB
cjfa-49835	12	23	to	to	PART
cjfa-49835	12	24	fill	fill	VERB
cjfa-49835	12	25	gaps	gap	NOUN
cjfa-49835	12	26	in	in	ADP
cjfa-49835	12	27	the	the	DET
cjfa-49835	12	28	literature	literature	NOUN
cjfa-49835	12	29	by	by	ADP
cjfa-49835	12	30	providing	provide	VERB
cjfa-49835	12	31	insights	insight	NOUN
cjfa-49835	12	32	into	into	ADP
cjfa-49835	12	33	how	how	SCONJ
cjfa-49835	12	34	various	various	ADJ
cjfa-49835	12	35	board	board	NOUN
cjfa-49835	12	36	characteristics	characteristic	NOUN
cjfa-49835	12	37	affect	affect	VERB
cjfa-49835	12	38	earnings	earning	NOUN
cjfa-49835	12	39	stability	stability	NOUN
cjfa-49835	12	40	.	.	PUNCT
cjfa-49835	13	1	the	the	DET
cjfa-49835	13	2	study	study	NOUN
cjfa-49835	13	3	employs	employ	VERB
cjfa-49835	13	4	a	a	DET
cjfa-49835	13	5	novel	novel	ADJ
cjfa-49835	13	6	non	non	ADJ
cjfa-49835	13	7	-	-	ADJ
cjfa-49835	13	8	linear	linear	ADJ
cjfa-49835	13	9	approach	approach	NOUN
cjfa-49835	13	10	that	that	PRON
cjfa-49835	13	11	integrates	integrate	VERB
cjfa-49835	13	12	resource	resource	NOUN
cjfa-49835	13	13	dependency	dependency	NOUN
cjfa-49835	13	14	theory	theory	NOUN
cjfa-49835	13	15	(	(	PUNCT
cjfa-49835	13	16	rdt	rdt	PROPN
cjfa-49835	13	17	)	)	PUNCT
cjfa-49835	13	18	and	and	CCONJ
cjfa-49835	13	19	stewardship	stewardship	NOUN
cjfa-49835	13	20	theory	theory	NOUN
cjfa-49835	13	21	to	to	PART
cjfa-49835	13	22	assess	assess	VERB
cjfa-49835	13	23	the	the	DET
cjfa-49835	13	24	impact	impact	NOUN
cjfa-49835	13	25	of	of	ADP
cjfa-49835	13	26	board	board	NOUN
cjfa-49835	13	27	independence	independence	NOUN
cjfa-49835	13	28	on	on	ADP
cjfa-49835	13	29	earnings	earning	NOUN
cjfa-49835	13	30	stability	stability	NOUN
cjfa-49835	13	31	.	.	PUNCT
cjfa-49835	14	1	the	the	DET
cjfa-49835	14	2	study	study	NOUN
cjfa-49835	14	3	uses	use	VERB
cjfa-49835	14	4	a	a	DET
cjfa-49835	14	5	quadratic	quadratic	ADJ
cjfa-49835	14	6	regression	regression	NOUN
cjfa-49835	14	7	model	model	NOUN
cjfa-49835	14	8	to	to	ADP
cjfa-49835	14	9	ex	ex	PROPN
cjfa-49835	14	10	srikanth	srikanth	PROPN
cjfa-49835	14	11	potharla	potharla	PROPN
cjfa-49835	14	12	,	,	PUNCT
cjfa-49835	14	13	suman	suman	NOUN
cjfa-49835	14	14	kolpula7474	kolpula7474	PROPN
cjfa-49835	14	15	amine	amine	NOUN
cjfa-49835	14	16	the	the	DET
cjfa-49835	14	17	relationship	relationship	NOUN
cjfa-49835	14	18	between	between	ADP
cjfa-49835	14	19	board	board	NOUN
cjfa-49835	14	20	independence	independence	NOUN
cjfa-49835	14	21	and	and	CCONJ
cjfa-49835	14	22	earnings	earning	NOUN
cjfa-49835	14	23	stability	stability	NOUN
cjfa-49835	14	24	,	,	PUNCT
cjfa-49835	14	25	with	with	ADP
cjfa-49835	14	26	earnings	earning	NOUN
cjfa-49835	14	27	stability	stability	NOUN
cjfa-49835	14	28	measured	measure	VERB
cjfa-49835	14	29	using	use	VERB
cjfa-49835	14	30	the	the	DET
cjfa-49835	14	31	return	return	NOUN
cjfa-49835	14	32	on	on	ADP
cjfa-49835	14	33	assets	asset	NOUN
cjfa-49835	14	34	consistency	consistency	NOUN
cjfa-49835	14	35	ratio	ratio	NOUN
cjfa-49835	14	36	(	(	PUNCT
cjfa-49835	14	37	roacr	roacr	NOUN
cjfa-49835	14	38	)	)	PUNCT
cjfa-49835	14	39	.	.	PUNCT
cjfa-49835	15	1	the	the	DET
cjfa-49835	15	2	findings	finding	NOUN
cjfa-49835	15	3	indicate	indicate	VERB
cjfa-49835	15	4	an	an	DET
cjfa-49835	15	5	inverted	inverted	ADJ
cjfa-49835	15	6	u	u	ADJ
cjfa-49835	15	7	-	-	ADJ
cjfa-49835	15	8	shaped	shape	VERB
cjfa-49835	15	9	relationship	relationship	NOUN
cjfa-49835	15	10	between	between	ADP
cjfa-49835	15	11	board	board	NOUN
cjfa-49835	15	12	independence	independence	NOUN
cjfa-49835	15	13	and	and	CCONJ
cjfa-49835	15	14	earnings	earning	NOUN
cjfa-49835	15	15	stability	stability	NOUN
cjfa-49835	15	16	,	,	PUNCT
cjfa-49835	15	17	suggesting	suggest	VERB
cjfa-49835	15	18	there	there	PRON
cjfa-49835	15	19	is	be	VERB
cjfa-49835	15	20	an	an	DET
cjfa-49835	15	21	optimal	optimal	ADJ
cjfa-49835	15	22	level	level	NOUN
cjfa-49835	15	23	of	of	ADP
cjfa-49835	15	24	board	board	NOUN
cjfa-49835	15	25	independence	independence	NOUN
cjfa-49835	15	26	that	that	PRON
cjfa-49835	15	27	maximizes	maximize	VERB
cjfa-49835	15	28	stability	stability	NOUN
cjfa-49835	15	29	in	in	ADP
cjfa-49835	15	30	earnings	earning	NOUN
cjfa-49835	15	31	.	.	PUNCT
cjfa-49835	16	1	the	the	DET
cjfa-49835	16	2	study	study	NOUN
cjfa-49835	16	3	also	also	ADV
cjfa-49835	16	4	explores	explore	VERB
cjfa-49835	16	5	other	other	ADJ
cjfa-49835	16	6	factors	factor	NOUN
cjfa-49835	16	7	such	such	ADJ
cjfa-49835	16	8	as	as	ADP
cjfa-49835	16	9	asset	asset	NOUN
cjfa-49835	16	10	turnover	turnover	NOUN
cjfa-49835	16	11	ratio	ratio	NOUN
cjfa-49835	16	12	,	,	PUNCT
cjfa-49835	16	13	institutional	institutional	ADJ
cjfa-49835	16	14	ownership	ownership	NOUN
cjfa-49835	16	15	,	,	PUNCT
cjfa-49835	16	16	leverage	leverage	NOUN
cjfa-49835	16	17	,	,	PUNCT
cjfa-49835	16	18	promoter	promoter	NOUN
cjfa-49835	16	19	holdings	holding	NOUN
cjfa-49835	16	20	,	,	PUNCT
cjfa-49835	16	21	and	and	CCONJ
cjfa-49835	16	22	firm	firm	ADJ
cjfa-49835	16	23	size	size	NOUN
cjfa-49835	16	24	.	.	PUNCT
cjfa-49835	17	1	this	this	DET
cjfa-49835	17	2	research	research	NOUN
cjfa-49835	17	3	highlights	highlight	VERB
cjfa-49835	17	4	the	the	DET
cjfa-49835	17	5	importance	importance	NOUN
cjfa-49835	17	6	of	of	ADP
cjfa-49835	17	7	balanced	balanced	ADJ
cjfa-49835	17	8	board	board	NOUN
cjfa-49835	17	9	composition	composition	NOUN
cjfa-49835	17	10	and	and	CCONJ
cjfa-49835	17	11	provides	provide	VERB
cjfa-49835	17	12	valuable	valuable	ADJ
cjfa-49835	17	13	insights	insight	NOUN
cjfa-49835	17	14	for	for	ADP
cjfa-49835	17	15	policymakers	policymaker	NOUN
cjfa-49835	17	16	and	and	CCONJ
cjfa-49835	17	17	practitioners	practitioner	NOUN
cjfa-49835	17	18	aiming	aim	VERB
cjfa-49835	17	19	to	to	PART
cjfa-49835	17	20	optimize	optimize	VERB
cjfa-49835	17	21	corporate	corporate	ADJ
cjfa-49835	17	22	governance	governance	NOUN
cjfa-49835	17	23	structures	structure	NOUN
cjfa-49835	17	24	for	for	ADP
cjfa-49835	17	25	sustainable	sustainable	ADJ
cjfa-49835	17	26	firm	firm	ADJ
cjfa-49835	17	27	performance	performance	NOUN
cjfa-49835	17	28	.	.	PUNCT
cjfa-49835	17	29	 	 	SPACE
cjfa-49835	18	1	introduction	introduction	NOUN
cjfa-49835	18	2	 	 	SPACE
cjfa-49835	18	3	introduction	introduction	NOUN
cjfa-49835	18	4	the	the	DET
cjfa-49835	18	5	relationship	relationship	NOUN
cjfa-49835	18	6	between	between	ADP
cjfa-49835	18	7	corporate	corporate	ADJ
cjfa-49835	18	8	governance	governance	NOUN
cjfa-49835	18	9	and	and	CCONJ
cjfa-49835	18	10	firm	firm	ADJ
cjfa-49835	18	11	performance	performance	NOUN
cjfa-49835	18	12	is	be	AUX
cjfa-49835	18	13	a	a	DET
cjfa-49835	18	14	central	central	ADJ
cjfa-49835	18	15	theme	theme	NOUN
cjfa-49835	18	16	in	in	ADP
cjfa-49835	18	17	business	business	NOUN
cjfa-49835	18	18	and	and	CCONJ
cjfa-49835	18	19	management	management	NOUN
cjfa-49835	18	20	research	research	NOUN
cjfa-49835	18	21	,	,	PUNCT
cjfa-49835	18	22	and	and	CCONJ
cjfa-49835	18	23	board	board	NOUN
cjfa-49835	18	24	characteristics	characteristic	NOUN
cjfa-49835	18	25	,	,	PUNCT
cjfa-49835	18	26	such	such	ADJ
cjfa-49835	18	27	as	as	ADP
cjfa-49835	18	28	size	size	NOUN
cjfa-49835	18	29	and	and	CCONJ
cjfa-49835	18	30	independence	independence	NOUN
cjfa-49835	18	31	,	,	PUNCT
cjfa-49835	18	32	are	be	AUX
cjfa-49835	18	33	a	a	DET
cjfa-49835	18	34	key	key	ADJ
cjfa-49835	18	35	area	area	NOUN
cjfa-49835	18	36	of	of	ADP
cjfa-49835	18	37	focus	focus	NOUN
cjfa-49835	18	38	.	.	PUNCT
cjfa-49835	19	1	theoretical	theoretical	ADJ
cjfa-49835	19	2	frameworks	framework	NOUN
cjfa-49835	19	3	,	,	PUNCT
cjfa-49835	19	4	including	include	VERB
cjfa-49835	19	5	agency	agency	NOUN
cjfa-49835	19	6	theory	theory	NOUN
cjfa-49835	19	7	,	,	PUNCT
cjfa-49835	19	8	resource	resource	NOUN
cjfa-49835	19	9	dependence	dependence	NOUN
cjfa-49835	19	10	theory	theory	NOUN
cjfa-49835	19	11	,	,	PUNCT
cjfa-49835	19	12	and	and	CCONJ
cjfa-49835	19	13	stewardship	stewardship	NOUN
cjfa-49835	19	14	theory	theory	NOUN
cjfa-49835	19	15	,	,	PUNCT
cjfa-49835	19	16	have	have	AUX
cjfa-49835	19	17	been	be	AUX
cjfa-49835	19	18	employed	employ	VERB
cjfa-49835	19	19	to	to	PART
cjfa-49835	19	20	understand	understand	VERB
cjfa-49835	19	21	the	the	DET
cjfa-49835	19	22	impact	impact	NOUN
cjfa-49835	19	23	of	of	ADP
cjfa-49835	19	24	these	these	DET
cjfa-49835	19	25	factors	factor	NOUN
cjfa-49835	19	26	on	on	ADP
cjfa-49835	19	27	firm	firm	ADJ
cjfa-49835	19	28	performance	performance	NOUN
cjfa-49835	19	29	.	.	PUNCT
cjfa-49835	20	1	however	however	ADV
cjfa-49835	20	2	,	,	PUNCT
cjfa-49835	20	3	the	the	DET
cjfa-49835	20	4	literature	literature	NOUN
cjfa-49835	20	5	contains	contain	VERB
cjfa-49835	20	6	a	a	DET
cjfa-49835	20	7	notable	notable	ADJ
cjfa-49835	20	8	gap	gap	NOUN
cjfa-49835	20	9	:	:	PUNCT
cjfa-49835	20	10	the	the	DET
cjfa-49835	20	11	prevalent	prevalent	ADJ
cjfa-49835	20	12	use	use	NOUN
cjfa-49835	20	13	of	of	ADP
cjfa-49835	20	14	linear	linear	ADJ
cjfa-49835	20	15	models	model	NOUN
cjfa-49835	20	16	to	to	PART
cjfa-49835	20	17	evaluate	evaluate	VERB
cjfa-49835	20	18	the	the	DET
cjfa-49835	20	19	influence	influence	NOUN
cjfa-49835	20	20	of	of	ADP
cjfa-49835	20	21	board	board	NOUN
cjfa-49835	20	22	characteristics	characteristic	NOUN
cjfa-49835	20	23	on	on	ADP
cjfa-49835	20	24	firm	firm	ADJ
cjfa-49835	20	25	performance	performance	NOUN
cjfa-49835	20	26	.	.	PUNCT
cjfa-49835	21	1	this	this	DET
cjfa-49835	21	2	approach	approach	NOUN
cjfa-49835	21	3	neglects	neglect	VERB
cjfa-49835	21	4	the	the	DET
cjfa-49835	21	5	complex	complex	ADJ
cjfa-49835	21	6	dynamics	dynamic	NOUN
cjfa-49835	21	7	involved	involve	VERB
cjfa-49835	21	8	.	.	PUNCT
cjfa-49835	22	1	additionally	additionally	ADV
cjfa-49835	22	2	,	,	PUNCT
cjfa-49835	22	3	traditional	traditional	ADJ
cjfa-49835	22	4	performance	performance	NOUN
cjfa-49835	22	5	metrics	metric	NOUN
cjfa-49835	22	6	like	like	ADP
cjfa-49835	22	7	return	return	VERB
cjfa-49835	22	8	on	on	ADP
cjfa-49835	22	9	assets	asset	NOUN
cjfa-49835	22	10	and	and	CCONJ
cjfa-49835	22	11	tobin	tobin	PROPN
cjfa-49835	22	12	’s	’s	PART
cjfa-49835	22	13	q	q	PUNCT
cjfa-49835	22	14	have	have	AUX
cjfa-49835	22	15	diverted	divert	VERB
cjfa-49835	22	16	attention	attention	NOUN
cjfa-49835	22	17	away	away	ADV
cjfa-49835	22	18	from	from	ADP
cjfa-49835	22	19	earnings	earning	NOUN
cjfa-49835	22	20	stability	stability	NOUN
cjfa-49835	22	21	as	as	ADP
cjfa-49835	22	22	a	a	DET
cjfa-49835	22	23	measure	measure	NOUN
cjfa-49835	22	24	of	of	ADP
cjfa-49835	22	25	firm	firm	ADJ
cjfa-49835	22	26	performance	performance	NOUN
cjfa-49835	22	27	.	.	PUNCT
cjfa-49835	23	1	this	this	DET
cjfa-49835	23	2	study	study	NOUN
cjfa-49835	23	3	aims	aim	VERB
cjfa-49835	23	4	to	to	PART
cjfa-49835	23	5	address	address	VERB
cjfa-49835	23	6	these	these	DET
cjfa-49835	23	7	gaps	gap	NOUN
cjfa-49835	23	8	by	by	ADP
cjfa-49835	23	9	analyzing	analyze	VERB
cjfa-49835	23	10	the	the	DET
cjfa-49835	23	11	relationship	relationship	NOUN
cjfa-49835	23	12	between	between	ADP
cjfa-49835	23	13	board	board	NOUN
cjfa-49835	23	14	independence	independence	NOUN
cjfa-49835	23	15	and	and	CCONJ
cjfa-49835	23	16	earnings	earning	NOUN
cjfa-49835	23	17	stability	stability	NOUN
cjfa-49835	23	18	,	,	PUNCT
cjfa-49835	23	19	using	use	VERB
cjfa-49835	23	20	a	a	DET
cjfa-49835	23	21	non	non	ADJ
cjfa-49835	23	22	-	-	ADJ
cjfa-49835	23	23	linear	linear	ADJ
cjfa-49835	23	24	approach	approach	NOUN
cjfa-49835	23	25	.	.	PUNCT
cjfa-49835	24	1	this	this	DET
cjfa-49835	24	2	research	research	NOUN
cjfa-49835	24	3	adds	add	VERB
cjfa-49835	24	4	fresh	fresh	ADJ
cjfa-49835	24	5	perspectives	perspective	NOUN
cjfa-49835	24	6	to	to	ADP
cjfa-49835	24	7	the	the	DET
cjfa-49835	24	8	corporate	corporate	ADJ
cjfa-49835	24	9	governance	governance	NOUN
cjfa-49835	24	10	field	field	NOUN
cjfa-49835	24	11	by	by	ADP
cjfa-49835	24	12	focusing	focus	VERB
cjfa-49835	24	13	on	on	ADP
cjfa-49835	24	14	the	the	DET
cjfa-49835	24	15	influence	influence	NOUN
cjfa-49835	24	16	of	of	ADP
cjfa-49835	24	17	board	board	NOUN
cjfa-49835	24	18	independence	independence	NOUN
cjfa-49835	24	19	on	on	ADP
cjfa-49835	24	20	earnings	earning	NOUN
cjfa-49835	24	21	stability	stability	NOUN
cjfa-49835	24	22	.	.	PUNCT
cjfa-49835	25	1	the	the	DET
cjfa-49835	25	2	study	study	NOUN
cjfa-49835	25	3	includes	include	VERB
cjfa-49835	25	4	a	a	DET
cjfa-49835	25	5	wider	wide	ADJ
cjfa-49835	25	6	range	range	NOUN
cjfa-49835	25	7	of	of	ADP
cjfa-49835	25	8	companies	company	NOUN
cjfa-49835	25	9	listed	list	VERB
cjfa-49835	25	10	on	on	ADP
cjfa-49835	25	11	the	the	DET
cjfa-49835	25	12	bse-500	bse-500	NOUN
cjfa-49835	25	13	index	index	NOUN
cjfa-49835	25	14	in	in	ADP
cjfa-49835	25	15	india	india	PROPN
cjfa-49835	25	16	,	,	PUNCT
cjfa-49835	25	17	with	with	ADP
cjfa-49835	25	18	the	the	DET
cjfa-49835	25	19	final	final	ADJ
cjfa-49835	25	20	sample	sample	NOUN
cjfa-49835	25	21	comprising	comprise	VERB
cjfa-49835	25	22	416	416	NUM
cjfa-49835	25	23	companies	company	NOUN
cjfa-49835	25	24	and	and	CCONJ
cjfa-49835	25	25	4,044	4,044	NUM
cjfa-49835	25	26	firm	firm	ADJ
cjfa-49835	25	27	-	-	PUNCT
cjfa-49835	25	28	years	year	NOUN
cjfa-49835	25	29	.	.	PUNCT
cjfa-49835	26	1	this	this	DET
cjfa-49835	26	2	extensive	extensive	ADJ
cjfa-49835	26	3	sample	sample	NOUN
cjfa-49835	26	4	not	not	PART
cjfa-49835	26	5	only	only	ADV
cjfa-49835	26	6	strengthens	strengthen	VERB
cjfa-49835	26	7	the	the	DET
cjfa-49835	26	8	robustness	robustness	NOUN
cjfa-49835	26	9	of	of	ADP
cjfa-49835	26	10	the	the	DET
cjfa-49835	26	11	findings	finding	NOUN
cjfa-49835	26	12	but	but	CCONJ
cjfa-49835	26	13	also	also	ADV
cjfa-49835	26	14	allows	allow	VERB
cjfa-49835	26	15	for	for	ADP
cjfa-49835	26	16	greater	great	ADJ
cjfa-49835	26	17	control	control	NOUN
cjfa-49835	26	18	over	over	ADP
cjfa-49835	26	19	industry	industry	NOUN
cjfa-49835	26	20	-	-	PUNCT
cjfa-49835	26	21	specific	specific	ADJ
cjfa-49835	26	22	variables	variable	NOUN
cjfa-49835	26	23	.	.	PUNCT
cjfa-49835	27	1	this	this	DET
cjfa-49835	27	2	research	research	NOUN
cjfa-49835	27	3	employs	employ	VERB
cjfa-49835	27	4	an	an	DET
cjfa-49835	27	5	alternative	alternative	ADJ
cjfa-49835	27	6	measure	measure	NOUN
cjfa-49835	27	7	of	of	ADP
cjfa-49835	27	8	financial	financial	ADJ
cjfa-49835	27	9	performance	performance	NOUN
cjfa-49835	27	10	,	,	PUNCT
cjfa-49835	27	11	namely	namely	ADV
cjfa-49835	27	12	earnings	earning	NOUN
cjfa-49835	27	13	stability	stability	NOUN
cjfa-49835	27	14	,	,	PUNCT
cjfa-49835	27	15	which	which	PRON
cjfa-49835	27	16	represents	represent	VERB
cjfa-49835	27	17	a	a	DET
cjfa-49835	27	18	company	company	NOUN
cjfa-49835	27	19	’s	’s	PART
cjfa-49835	27	20	consistent	consistent	ADJ
cjfa-49835	27	21	profitability	profitability	NOUN
cjfa-49835	27	22	over	over	ADP
cjfa-49835	27	23	time	time	NOUN
cjfa-49835	27	24	and	and	CCONJ
cjfa-49835	27	25	demonstrates	demonstrate	VERB
cjfa-49835	27	26	its	its	PRON
cjfa-49835	27	27	resilience	resilience	NOUN
cjfa-49835	27	28	and	and	CCONJ
cjfa-49835	27	29	adaptability	adaptability	NOUN
cjfa-49835	27	30	in	in	ADP
cjfa-49835	27	31	various	various	ADJ
cjfa-49835	27	32	business	business	NOUN
cjfa-49835	27	33	conditions	condition	NOUN
cjfa-49835	27	34	.	.	PUNCT
cjfa-49835	28	1	the	the	DET
cjfa-49835	28	2	study	study	NOUN
cjfa-49835	28	3	hypothesizes	hypothesize	VERB
cjfa-49835	28	4	a	a	DET
cjfa-49835	28	5	non	non	ADJ
cjfa-49835	28	6	-	-	ADJ
cjfa-49835	28	7	linear	linear	ADJ
cjfa-49835	28	8	,	,	PUNCT
cjfa-49835	28	9	inverted	invert	VERB
cjfa-49835	28	10	u	u	ADJ
cjfa-49835	28	11	-	-	ADJ
cjfa-49835	28	12	shaped	shape	VERB
cjfa-49835	28	13	relationship	relationship	NOUN
cjfa-49835	28	14	between	between	ADP
cjfa-49835	28	15	board	board	NOUN
cjfa-49835	28	16	independence	independence	NOUN
cjfa-49835	28	17	and	and	CCONJ
cjfa-49835	28	18	earnings	earning	NOUN
cjfa-49835	28	19	stability	stability	NOUN
cjfa-49835	28	20	.	.	PUNCT
cjfa-49835	29	1	it	it	PRON
cjfa-49835	29	2	suggests	suggest	VERB
cjfa-49835	29	3	that	that	SCONJ
cjfa-49835	29	4	an	an	DET
cjfa-49835	29	5	optimal	optimal	ADJ
cjfa-49835	29	6	level	level	NOUN
cjfa-49835	29	7	of	of	ADP
cjfa-49835	29	8	board	board	NOUN
cjfa-49835	29	9	independence	independence	NOUN
cjfa-49835	29	10	can	can	AUX
cjfa-49835	29	11	enhance	enhance	VERB
cjfa-49835	29	12	earnings	earning	NOUN
cjfa-49835	29	13	stability	stability	NOUN
cjfa-49835	29	14	,	,	PUNCT
cjfa-49835	29	15	but	but	CCONJ
cjfa-49835	29	16	exceeding	exceed	VERB
cjfa-49835	29	17	this	this	DET
cjfa-49835	29	18	level	level	NOUN
cjfa-49835	29	19	may	may	AUX
cjfa-49835	29	20	reduce	reduce	VERB
cjfa-49835	29	21	stability	stability	NOUN
cjfa-49835	29	22	in	in	ADP
cjfa-49835	29	23	earnings	earning	NOUN
cjfa-49835	29	24	.	.	PUNCT
cjfa-49835	30	1	this	this	DET
cjfa-49835	30	2	hypothesis	hypothesis	NOUN
cjfa-49835	30	3	is	be	AUX
cjfa-49835	30	4	based	base	VERB
cjfa-49835	30	5	on	on	ADP
cjfa-49835	30	6	board	board	NOUN
cjfa-49835	30	7	independence	independence	NOUN
cjfa-49835	30	8	and	and	CCONJ
cjfa-49835	30	9	earnings	earning	NOUN
cjfa-49835	30	10	stability	stability	NOUN
cjfa-49835	30	11	…	…	PUNCT
cjfa-49835	30	12	7575	7575	NUM
cjfa-49835	30	13	the	the	DET
cjfa-49835	30	14	principles	principle	NOUN
cjfa-49835	30	15	of	of	ADP
cjfa-49835	30	16	both	both	CCONJ
cjfa-49835	30	17	rdt	rdt	PROPN
cjfa-49835	30	18	and	and	CCONJ
cjfa-49835	30	19	stewardship	stewardship	NOUN
cjfa-49835	30	20	theory	theory	NOUN
cjfa-49835	30	21	,	,	PUNCT
cjfa-49835	30	22	which	which	PRON
cjfa-49835	30	23	emphasize	emphasize	VERB
cjfa-49835	30	24	the	the	DET
cjfa-49835	30	25	importance	importance	NOUN
cjfa-49835	30	26	of	of	ADP
cjfa-49835	30	27	a	a	DET
cjfa-49835	30	28	balanced	balanced	ADJ
cjfa-49835	30	29	approach	approach	NOUN
cjfa-49835	30	30	in	in	ADP
cjfa-49835	30	31	corporate	corporate	ADJ
cjfa-49835	30	32	governance	governance	NOUN
cjfa-49835	30	33	.	.	PUNCT
cjfa-49835	31	1	our	our	PRON
cjfa-49835	31	2	regression	regression	NOUN
cjfa-49835	31	3	analysis	analysis	NOUN
cjfa-49835	31	4	reveals	reveal	VERB
cjfa-49835	31	5	a	a	DET
cjfa-49835	31	6	significant	significant	ADJ
cjfa-49835	31	7	positive	positive	ADJ
cjfa-49835	31	8	association	association	NOUN
cjfa-49835	31	9	between	between	ADP
cjfa-49835	31	10	board	board	NOUN
cjfa-49835	31	11	independence	independence	NOUN
cjfa-49835	31	12	and	and	CCONJ
cjfa-49835	31	13	earnings	earning	NOUN
cjfa-49835	31	14	stability	stability	NOUN
cjfa-49835	31	15	,	,	PUNCT
cjfa-49835	31	16	which	which	PRON
cjfa-49835	31	17	displays	display	VERB
cjfa-49835	31	18	an	an	DET
cjfa-49835	31	19	inverted	inverted	ADJ
cjfa-49835	31	20	u	u	ADJ
cjfa-49835	31	21	-	-	ADJ
cjfa-49835	31	22	shaped	shape	VERB
cjfa-49835	31	23	curve	curve	NOUN
cjfa-49835	31	24	,	,	PUNCT
cjfa-49835	31	25	emphasizing	emphasize	VERB
cjfa-49835	31	26	the	the	DET
cjfa-49835	31	27	need	need	NOUN
cjfa-49835	31	28	for	for	ADP
cjfa-49835	31	29	a	a	DET
cjfa-49835	31	30	balanced	balanced	ADJ
cjfa-49835	31	31	board	board	NOUN
cjfa-49835	31	32	composition	composition	NOUN
cjfa-49835	31	33	in	in	ADP
cjfa-49835	31	34	accordance	accordance	NOUN
cjfa-49835	31	35	with	with	ADP
cjfa-49835	31	36	rdt	rdt	PROPN
cjfa-49835	31	37	and	and	CCONJ
cjfa-49835	31	38	stewardship	stewardship	NOUN
cjfa-49835	31	39	theory	theory	NOUN
cjfa-49835	31	40	.	.	PUNCT
cjfa-49835	32	1	contrary	contrary	ADJ
cjfa-49835	32	2	to	to	ADP
cjfa-49835	32	3	some	some	DET
cjfa-49835	32	4	previous	previous	ADJ
cjfa-49835	32	5	studies	study	NOUN
cjfa-49835	32	6	,	,	PUNCT
cjfa-49835	32	7	we	we	PRON
cjfa-49835	32	8	do	do	AUX
cjfa-49835	32	9	not	not	PART
cjfa-49835	32	10	find	find	VERB
cjfa-49835	32	11	a	a	DET
cjfa-49835	32	12	significant	significant	ADJ
cjfa-49835	32	13	association	association	NOUN
cjfa-49835	32	14	between	between	ADP
cjfa-49835	32	15	the	the	DET
cjfa-49835	32	16	asset	asset	NOUN
cjfa-49835	32	17	turnover	turnover	NOUN
cjfa-49835	32	18	ratio	ratio	NOUN
cjfa-49835	32	19	(	(	PUNCT
cjfa-49835	32	20	atr	atr	PROPN
cjfa-49835	32	21	)	)	PUNCT
cjfa-49835	32	22	and	and	CCONJ
cjfa-49835	32	23	earnings	earning	NOUN
cjfa-49835	32	24	stability	stability	NOUN
cjfa-49835	32	25	.	.	PUNCT
cjfa-49835	33	1	however	however	ADV
cjfa-49835	33	2	,	,	PUNCT
cjfa-49835	33	3	we	we	PRON
cjfa-49835	33	4	do	do	AUX
cjfa-49835	33	5	find	find	VERB
cjfa-49835	33	6	that	that	SCONJ
cjfa-49835	33	7	institutional	institutional	ADJ
cjfa-49835	33	8	ownership	ownership	NOUN
cjfa-49835	33	9	(	(	PUNCT
cjfa-49835	33	10	i.o	i.o	PROPN
cjfa-49835	33	11	.	.	PROPN
cjfa-49835	33	12	)	)	PUNCT
cjfa-49835	33	13	has	have	VERB
cjfa-49835	33	14	a	a	DET
cjfa-49835	33	15	positive	positive	ADJ
cjfa-49835	33	16	impact	impact	NOUN
cjfa-49835	33	17	on	on	ADP
cjfa-49835	33	18	earnings	earning	NOUN
cjfa-49835	33	19	stability	stability	NOUN
cjfa-49835	33	20	,	,	PUNCT
cjfa-49835	33	21	suggesting	suggest	VERB
cjfa-49835	33	22	that	that	SCONJ
cjfa-49835	33	23	institutional	institutional	ADJ
cjfa-49835	33	24	investors	investor	NOUN
cjfa-49835	33	25	foster	foster	VERB
cjfa-49835	33	26	long	long	ADJ
cjfa-49835	33	27	-	-	PUNCT
cjfa-49835	33	28	term	term	NOUN
cjfa-49835	33	29	value	value	NOUN
cjfa-49835	33	30	creation	creation	NOUN
cjfa-49835	33	31	through	through	ADP
cjfa-49835	33	32	sustainable	sustainable	ADJ
cjfa-49835	33	33	growth	growth	NOUN
cjfa-49835	33	34	of	of	ADP
cjfa-49835	33	35	earnings	earning	NOUN
cjfa-49835	33	36	of	of	ADP
cjfa-49835	33	37	their	their	PRON
cjfa-49835	33	38	investee	investee	NOUN
cjfa-49835	33	39	firm	firm	NOUN
cjfa-49835	33	40	.	.	PUNCT
cjfa-49835	34	1	the	the	DET
cjfa-49835	34	2	study	study	NOUN
cjfa-49835	34	3	also	also	ADV
cjfa-49835	34	4	uncovers	uncover	NOUN
cjfa-49835	34	5	that	that	SCONJ
cjfa-49835	34	6	higher	high	ADJ
cjfa-49835	34	7	leverage	leverage	NOUN
cjfa-49835	34	8	(	(	PUNCT
cjfa-49835	34	9	d	d	NOUN
cjfa-49835	34	10	/	/	SYM
cjfa-49835	34	11	e	e	NOUN
cjfa-49835	34	12	ratio	ratio	NOUN
cjfa-49835	34	13	)	)	PUNCT
cjfa-49835	34	14	is	be	AUX
cjfa-49835	34	15	associated	associate	VERB
cjfa-49835	34	16	with	with	ADP
cjfa-49835	34	17	less	less	ADV
cjfa-49835	34	18	stable	stable	ADJ
cjfa-49835	34	19	earnings	earning	NOUN
cjfa-49835	34	20	,	,	PUNCT
cjfa-49835	34	21	while	while	SCONJ
cjfa-49835	34	22	promoter	promoter	NOUN
cjfa-49835	34	23	holdings	holding	NOUN
cjfa-49835	34	24	(	(	PUNCT
cjfa-49835	34	25	p.o	p.o	PROPN
cjfa-49835	34	26	.	.	PROPN
cjfa-49835	34	27	)	)	PUNCT
cjfa-49835	34	28	and	and	CCONJ
cjfa-49835	34	29	a	a	DET
cjfa-49835	34	30	larger	large	ADJ
cjfa-49835	34	31	firm	firm	ADJ
cjfa-49835	34	32	size	size	NOUN
cjfa-49835	34	33	positively	positively	ADV
cjfa-49835	34	34	influence	influence	VERB
cjfa-49835	34	35	earnings	earning	NOUN
cjfa-49835	34	36	stability	stability	NOUN
cjfa-49835	34	37	.	.	PUNCT
cjfa-49835	35	1	these	these	DET
cjfa-49835	35	2	findings	finding	NOUN
cjfa-49835	35	3	provide	provide	VERB
cjfa-49835	35	4	valuable	valuable	ADJ
cjfa-49835	35	5	insights	insight	NOUN
cjfa-49835	35	6	to	to	ADP
cjfa-49835	35	7	investors	investor	NOUN
cjfa-49835	35	8	,	,	PUNCT
cjfa-49835	35	9	corporate	corporate	ADJ
cjfa-49835	35	10	managers	manager	NOUN
cjfa-49835	35	11	,	,	PUNCT
cjfa-49835	35	12	stock	stock	NOUN
cjfa-49835	35	13	analysts	analyst	NOUN
cjfa-49835	35	14	,	,	PUNCT
cjfa-49835	35	15	and	and	CCONJ
cjfa-49835	35	16	policymakers	policymaker	NOUN
cjfa-49835	35	17	,	,	PUNCT
cjfa-49835	35	18	offering	offer	VERB
cjfa-49835	35	19	guidance	guidance	NOUN
cjfa-49835	35	20	for	for	ADP
cjfa-49835	35	21	more	more	ADV
cjfa-49835	35	22	effective	effective	ADJ
cjfa-49835	35	23	investment	investment	NOUN
cjfa-49835	35	24	strategies	strategy	NOUN
cjfa-49835	35	25	and	and	CCONJ
cjfa-49835	35	26	corporate	corporate	ADJ
cjfa-49835	35	27	governance	governance	NOUN
cjfa-49835	35	28	.	.	PUNCT
cjfa-49835	36	1	literature	literature	NOUN
cjfa-49835	36	2	reviewliterature	reviewliterature	NOUN
cjfa-49835	36	3	review	review	VERB
cjfa-49835	36	4	the	the	DET
cjfa-49835	36	5	relationship	relationship	NOUN
cjfa-49835	36	6	between	between	ADP
cjfa-49835	36	7	board	board	NOUN
cjfa-49835	36	8	characteristics	characteristic	NOUN
cjfa-49835	36	9	and	and	CCONJ
cjfa-49835	36	10	firm	firm	ADJ
cjfa-49835	36	11	performance	performance	NOUN
cjfa-49835	36	12	has	have	AUX
cjfa-49835	36	13	been	be	AUX
cjfa-49835	36	14	the	the	DET
cjfa-49835	36	15	subject	subject	NOUN
cjfa-49835	36	16	of	of	ADP
cjfa-49835	36	17	extensive	extensive	ADJ
cjfa-49835	36	18	research	research	NOUN
cjfa-49835	36	19	,	,	PUNCT
cjfa-49835	36	20	drawing	draw	VERB
cjfa-49835	36	21	on	on	ADP
cjfa-49835	36	22	a	a	DET
cjfa-49835	36	23	variety	variety	NOUN
cjfa-49835	36	24	of	of	ADP
cjfa-49835	36	25	theoretical	theoretical	ADJ
cjfa-49835	36	26	frameworks	framework	NOUN
cjfa-49835	36	27	.	.	PUNCT
cjfa-49835	37	1	the	the	DET
cjfa-49835	37	2	majority	majority	NOUN
cjfa-49835	37	3	of	of	ADP
cjfa-49835	37	4	the	the	DET
cjfa-49835	37	5	literature	literature	NOUN
cjfa-49835	37	6	supports	support	VERB
cjfa-49835	37	7	a	a	DET
cjfa-49835	37	8	positive	positive	ADJ
cjfa-49835	37	9	association	association	NOUN
cjfa-49835	37	10	between	between	ADP
cjfa-49835	37	11	board	board	NOUN
cjfa-49835	37	12	size	size	NOUN
cjfa-49835	37	13	and	and	CCONJ
cjfa-49835	37	14	independence	independence	NOUN
cjfa-49835	37	15	and	and	CCONJ
cjfa-49835	37	16	firm	firm	ADJ
cjfa-49835	37	17	performance	performance	NOUN
cjfa-49835	37	18	.	.	PUNCT
cjfa-49835	38	1	studies	study	NOUN
cjfa-49835	38	2	by	by	ADP
cjfa-49835	38	3	pearce	pearce	PROPN
cjfa-49835	38	4	and	and	CCONJ
cjfa-49835	38	5	zahra	zahra	PROPN
cjfa-49835	38	6	(	(	PUNCT
cjfa-49835	38	7	1992	1992	NUM
cjfa-49835	38	8	)	)	PUNCT
cjfa-49835	38	9	,	,	PUNCT
cjfa-49835	38	10	dalton	dalton	PROPN
cjfa-49835	38	11	,	,	PUNCT
cjfa-49835	38	12	daily	daily	PROPN
cjfa-49835	38	13	,	,	PUNCT
cjfa-49835	38	14	johnson	johnson	PROPN
cjfa-49835	38	15	and	and	CCONJ
cjfa-49835	38	16	ellstrand	ellstrand	NOUN
cjfa-49835	38	17	(	(	PUNCT
cjfa-49835	38	18	1999	1999	NUM
cjfa-49835	38	19	)	)	PUNCT
cjfa-49835	38	20	,	,	PUNCT
cjfa-49835	38	21	and	and	CCONJ
cjfa-49835	38	22	abor	abor	NOUN
cjfa-49835	38	23	and	and	CCONJ
cjfa-49835	38	24	biekpe	biekpe	NOUN
cjfa-49835	38	25	(	(	PUNCT
cjfa-49835	38	26	2007	2007	NUM
cjfa-49835	38	27	)	)	PUNCT
cjfa-49835	38	28	have	have	AUX
cjfa-49835	38	29	consistently	consistently	ADV
cjfa-49835	38	30	found	find	VERB
cjfa-49835	38	31	this	this	DET
cjfa-49835	38	32	positive	positive	ADJ
cjfa-49835	38	33	association	association	NOUN
cjfa-49835	38	34	.	.	PUNCT
cjfa-49835	39	1	furthermore	furthermore	ADV
cjfa-49835	39	2	,	,	PUNCT
cjfa-49835	39	3	research	research	NOUN
cjfa-49835	39	4	by	by	ADP
cjfa-49835	39	5	jensen	jensen	PROPN
cjfa-49835	39	6	(	(	PUNCT
cjfa-49835	39	7	1993	1993	NUM
cjfa-49835	39	8	)	)	PUNCT
cjfa-49835	39	9	,	,	PUNCT
cjfa-49835	39	10	yermack	yermack	NOUN
cjfa-49835	39	11	(	(	PUNCT
cjfa-49835	39	12	1996	1996	NUM
cjfa-49835	39	13	)	)	PUNCT
cjfa-49835	39	14	,	,	PUNCT
cjfa-49835	39	15	and	and	CCONJ
cjfa-49835	39	16	hermalin	hermalin	NOUN
cjfa-49835	39	17	and	and	CCONJ
cjfa-49835	39	18	weisbach	weisbach	NOUN
cjfa-49835	39	19	(	(	PUNCT
cjfa-49835	39	20	1991	1991	NUM
cjfa-49835	39	21	)	)	PUNCT
cjfa-49835	39	22	has	have	AUX
cjfa-49835	39	23	emphasized	emphasize	VERB
cjfa-49835	39	24	the	the	DET
cjfa-49835	39	25	positive	positive	ADJ
cjfa-49835	39	26	impact	impact	NOUN
cjfa-49835	39	27	of	of	ADP
cjfa-49835	39	28	insider	insider	NOUN
cjfa-49835	39	29	-	-	PUNCT
cjfa-49835	39	30	ownership	ownership	NOUN
cjfa-49835	39	31	control	control	NOUN
cjfa-49835	39	32	on	on	ADP
cjfa-49835	39	33	board	board	NOUN
cjfa-49835	39	34	effectiveness	effectiveness	NOUN
cjfa-49835	39	35	and	and	CCONJ
cjfa-49835	39	36	firm	firm	ADJ
cjfa-49835	39	37	performance	performance	NOUN
cjfa-49835	39	38	.	.	PUNCT
cjfa-49835	40	1	however	however	ADV
cjfa-49835	40	2	,	,	PUNCT
cjfa-49835	40	3	traditional	traditional	ADJ
cjfa-49835	40	4	linear	linear	ADJ
cjfa-49835	40	5	approaches	approach	NOUN
cjfa-49835	40	6	in	in	ADP
cjfa-49835	40	7	these	these	DET
cjfa-49835	40	8	studies	study	NOUN
cjfa-49835	40	9	have	have	AUX
cjfa-49835	40	10	come	come	VERB
cjfa-49835	40	11	under	under	ADP
cjfa-49835	40	12	increasing	increase	VERB
cjfa-49835	40	13	scrutiny	scrutiny	NOUN
cjfa-49835	40	14	.	.	PUNCT
cjfa-49835	41	1	the	the	DET
cjfa-49835	41	2	studies	study	NOUN
cjfa-49835	41	3	like	like	ADP
cjfa-49835	41	4	barnhart	barnhart	PROPN
cjfa-49835	41	5	,	,	PUNCT
cjfa-49835	41	6	marr	marr	ADJ
cjfa-49835	41	7	and	and	CCONJ
cjfa-49835	41	8	rosenstein	rosenstein	ADJ
cjfa-49835	41	9	(	(	PUNCT
cjfa-49835	41	10	1994	1994	NUM
cjfa-49835	41	11	)	)	PUNCT
cjfa-49835	41	12	and	and	CCONJ
cjfa-49835	41	13	de	de	X
cjfa-49835	41	14	andres	andre	NOUN
cjfa-49835	41	15	and	and	CCONJ
cjfa-49835	41	16	vallelado	vallelado	NOUN
cjfa-49835	41	17	(	(	PUNCT
cjfa-49835	41	18	2008	2008	NUM
cjfa-49835	41	19	)	)	PUNCT
cjfa-49835	41	20	,	,	PUNCT
cjfa-49835	41	21	suggests	suggest	VERB
cjfa-49835	41	22	that	that	SCONJ
cjfa-49835	41	23	the	the	DET
cjfa-49835	41	24	relationship	relationship	NOUN
cjfa-49835	41	25	between	between	ADP
cjfa-49835	41	26	board	board	NOUN
cjfa-49835	41	27	characteristics	characteristic	NOUN
cjfa-49835	41	28	and	and	CCONJ
cjfa-49835	41	29	firm	firm	ADJ
cjfa-49835	41	30	performance	performance	NOUN
cjfa-49835	41	31	is	be	AUX
cjfa-49835	41	32	more	more	ADV
cjfa-49835	41	33	complex	complex	ADJ
cjfa-49835	41	34	and	and	CCONJ
cjfa-49835	41	35	nuanced	nuanced	ADJ
cjfa-49835	41	36	,	,	PUNCT
cjfa-49835	41	37	and	and	CCONJ
cjfa-49835	41	38	proposes	propose	VERB
cjfa-49835	41	39	an	an	DET
cjfa-49835	41	40	optimal	optimal	ADJ
cjfa-49835	41	41	mix	mix	NOUN
cjfa-49835	41	42	of	of	ADP
cjfa-49835	41	43	executive	executive	ADJ
cjfa-49835	41	44	and	and	CCONJ
cjfa-49835	41	45	non	non	ADJ
cjfa-49835	41	46	-	-	ADJ
cjfa-49835	41	47	executive	executive	ADJ
cjfa-49835	41	48	directors	director	NOUN
cjfa-49835	41	49	on	on	ADP
cjfa-49835	41	50	boards	board	NOUN
cjfa-49835	41	51	to	to	PART
cjfa-49835	41	52	maximize	maximize	VERB
cjfa-49835	41	53	firm	firm	ADJ
cjfa-49835	41	54	performance	performance	NOUN
cjfa-49835	41	55	.	.	PUNCT
cjfa-49835	42	1	in	in	ADP
cjfa-49835	42	2	the	the	DET
cjfa-49835	42	3	indian	indian	ADJ
cjfa-49835	42	4	context	context	NOUN
cjfa-49835	42	5	,	,	PUNCT
cjfa-49835	42	6	shaped	shape	VERB
cjfa-49835	42	7	by	by	ADP
cjfa-49835	42	8	the	the	DET
cjfa-49835	42	9	companies	company	NOUN
cjfa-49835	42	10	act	act	VERB
cjfa-49835	42	11	of	of	ADP
cjfa-49835	42	12	2013	2013	NUM
cjfa-49835	42	13	and	and	CCONJ
cjfa-49835	42	14	clause	clause	NOUN
cjfa-49835	42	15	49	49	NUM
cjfa-49835	42	16	by	by	ADP
cjfa-49835	42	17	sebi	sebi	NOUN
cjfa-49835	42	18	,	,	PUNCT
cjfa-49835	42	19	researchers	researcher	NOUN
cjfa-49835	42	20	like	like	ADP
cjfa-49835	42	21	kathuria	kathuria	NOUN
cjfa-49835	42	22	and	and	CCONJ
cjfa-49835	42	23	dash	dash	NOUN
cjfa-49835	42	24	(	(	PUNCT
cjfa-49835	42	25	1999	1999	NUM
cjfa-49835	42	26	)	)	PUNCT
cjfa-49835	42	27	and	and	CCONJ
cjfa-49835	42	28	mohapatra	mohapatra	PROPN
cjfa-49835	42	29	(	(	PUNCT
cjfa-49835	42	30	2016	2016	NUM
cjfa-49835	42	31	)	)	PUNCT
cjfa-49835	42	32	have	have	VERB
cjfa-49835	42	33	srikanth	srikanth	PROPN
cjfa-49835	42	34	potharla	potharla	NOUN
cjfa-49835	42	35	,	,	PUNCT
cjfa-49835	42	36	suman	suman	PROPN
cjfa-49835	42	37	kolpula7676	kolpula7676	PROPN
cjfa-49835	42	38	emphasized	emphasize	VERB
cjfa-49835	42	39	the	the	DET
cjfa-49835	42	40	benefits	benefit	NOUN
cjfa-49835	42	41	of	of	ADP
cjfa-49835	42	42	larger	large	ADJ
cjfa-49835	42	43	boards	board	NOUN
cjfa-49835	42	44	,	,	PUNCT
cjfa-49835	42	45	while	while	SCONJ
cjfa-49835	42	46	others	other	NOUN
cjfa-49835	42	47	such	such	ADJ
cjfa-49835	42	48	as	as	ADP
cjfa-49835	42	49	kumar	kumar	PROPN
cjfa-49835	42	50	and	and	CCONJ
cjfa-49835	42	51	singh	singh	PROPN
cjfa-49835	42	52	(	(	PUNCT
cjfa-49835	42	53	2013	2013	NUM
cjfa-49835	42	54	)	)	PUNCT
cjfa-49835	42	55	and	and	CCONJ
cjfa-49835	42	56	palaniappan	palaniappan	NOUN
cjfa-49835	42	57	(	(	PUNCT
cjfa-49835	42	58	2017	2017	NUM
cjfa-49835	42	59	)	)	PUNCT
cjfa-49835	42	60	advocate	advocate	NOUN
cjfa-49835	42	61	for	for	ADP
cjfa-49835	42	62	smaller	small	ADJ
cjfa-49835	42	63	boards	board	NOUN
cjfa-49835	42	64	.	.	PUNCT
cjfa-49835	43	1	mishra	mishra	PROPN
cjfa-49835	43	2	and	and	CCONJ
cjfa-49835	43	3	kapil	kapil	PROPN
cjfa-49835	43	4	(	(	PUNCT
cjfa-49835	43	5	2018	2018	NUM
cjfa-49835	43	6	)	)	PUNCT
cjfa-49835	43	7	have	have	AUX
cjfa-49835	43	8	attempted	attempt	VERB
cjfa-49835	43	9	to	to	PART
cjfa-49835	43	10	reconcile	reconcile	VERB
cjfa-49835	43	11	these	these	DET
cjfa-49835	43	12	differing	differ	VERB
cjfa-49835	43	13	viewpoints	viewpoint	NOUN
cjfa-49835	43	14	,	,	PUNCT
cjfa-49835	43	15	advocating	advocate	VERB
cjfa-49835	43	16	for	for	ADP
cjfa-49835	43	17	a	a	DET
cjfa-49835	43	18	balanced	balanced	ADJ
cjfa-49835	43	19	board	board	NOUN
cjfa-49835	43	20	composition	composition	NOUN
cjfa-49835	43	21	that	that	PRON
cjfa-49835	43	22	integrates	integrate	VERB
cjfa-49835	43	23	insights	insight	NOUN
cjfa-49835	43	24	from	from	ADP
cjfa-49835	43	25	both	both	DET
cjfa-49835	43	26	agency	agency	NOUN
cjfa-49835	43	27	theory	theory	NOUN
cjfa-49835	43	28	and	and	CCONJ
cjfa-49835	43	29	rdt	rdt	PROPN
cjfa-49835	43	30	.	.	PUNCT
cjfa-49835	44	1	a	a	DET
cjfa-49835	44	2	significant	significant	ADJ
cjfa-49835	44	3	contribution	contribution	NOUN
cjfa-49835	44	4	by	by	ADP
cjfa-49835	44	5	potharla	potharla	NOUN
cjfa-49835	44	6	and	and	CCONJ
cjfa-49835	44	7	amirishetty	amirishetty	PROPN
cjfa-49835	44	8	(	(	PUNCT
cjfa-49835	44	9	2021	2021	NUM
cjfa-49835	44	10	)	)	PUNCT
cjfa-49835	44	11	identifies	identify	VERB
cjfa-49835	44	12	an	an	DET
cjfa-49835	44	13	inverted	inverted	ADJ
cjfa-49835	44	14	u	u	ADJ
cjfa-49835	44	15	-	-	ADJ
cjfa-49835	44	16	shaped	shape	VERB
cjfa-49835	44	17	relationship	relationship	NOUN
cjfa-49835	44	18	between	between	ADP
cjfa-49835	44	19	board	board	NOUN
cjfa-49835	44	20	attributes	attribute	NOUN
cjfa-49835	44	21	and	and	CCONJ
cjfa-49835	44	22	performance	performance	NOUN
cjfa-49835	44	23	in	in	ADP
cjfa-49835	44	24	india	india	PROPN
cjfa-49835	44	25	,	,	PUNCT
cjfa-49835	44	26	which	which	PRON
cjfa-49835	44	27	underscores	underscore	VERB
cjfa-49835	44	28	the	the	DET
cjfa-49835	44	29	complexity	complexity	NOUN
cjfa-49835	44	30	of	of	ADP
cjfa-49835	44	31	these	these	DET
cjfa-49835	44	32	dynamics	dynamic	NOUN
cjfa-49835	44	33	.	.	PUNCT
cjfa-49835	45	1	expanding	expand	VERB
cjfa-49835	45	2	the	the	DET
cjfa-49835	45	3	geographical	geographical	ADJ
cjfa-49835	45	4	scope	scope	NOUN
cjfa-49835	45	5	,	,	PUNCT
cjfa-49835	45	6	chakraborty	chakraborty	NOUN
cjfa-49835	45	7	(	(	PUNCT
cjfa-49835	45	8	2023	2023	NUM
cjfa-49835	45	9	)	)	PUNCT
cjfa-49835	45	10	investigates	investigate	VERB
cjfa-49835	45	11	the	the	DET
cjfa-49835	45	12	pharmaceutical	pharmaceutical	ADJ
cjfa-49835	45	13	and	and	CCONJ
cjfa-49835	45	14	chemical	chemical	NOUN
cjfa-49835	45	15	industries	industry	NOUN
cjfa-49835	45	16	in	in	ADP
cjfa-49835	45	17	bangladesh	bangladesh	NOUN
cjfa-49835	45	18	,	,	PUNCT
cjfa-49835	45	19	concluding	conclude	VERB
cjfa-49835	45	20	that	that	SCONJ
cjfa-49835	45	21	board	board	NOUN
cjfa-49835	45	22	independence	independence	NOUN
cjfa-49835	45	23	and	and	CCONJ
cjfa-49835	45	24	institutional	institutional	ADJ
cjfa-49835	45	25	ownership	ownership	NOUN
cjfa-49835	45	26	significantly	significantly	ADV
cjfa-49835	45	27	affect	affect	VERB
cjfa-49835	45	28	financial	financial	ADJ
cjfa-49835	45	29	performance	performance	NOUN
cjfa-49835	45	30	,	,	PUNCT
cjfa-49835	45	31	while	while	SCONJ
cjfa-49835	45	32	factors	factor	NOUN
cjfa-49835	45	33	like	like	ADP
cjfa-49835	45	34	board	board	NOUN
cjfa-49835	45	35	size	size	NOUN
cjfa-49835	45	36	,	,	PUNCT
cjfa-49835	45	37	gender	gender	NOUN
cjfa-49835	45	38	,	,	PUNCT
cjfa-49835	45	39	and	and	CCONJ
cjfa-49835	45	40	meeting	meeting	NOUN
cjfa-49835	45	41	frequency	frequency	NOUN
cjfa-49835	45	42	have	have	VERB
cjfa-49835	45	43	a	a	DET
cjfa-49835	45	44	negligible	negligible	ADJ
cjfa-49835	45	45	impact	impact	NOUN
cjfa-49835	45	46	.	.	PUNCT
cjfa-49835	46	1	this	this	DET
cjfa-49835	46	2	finding	finding	NOUN
cjfa-49835	46	3	underscores	underscore	VERB
cjfa-49835	46	4	the	the	DET
cjfa-49835	46	5	importance	importance	NOUN
cjfa-49835	46	6	of	of	ADP
cjfa-49835	46	7	board	board	NOUN
cjfa-49835	46	8	composition	composition	NOUN
cjfa-49835	46	9	and	and	CCONJ
cjfa-49835	46	10	governance	governance	NOUN
cjfa-49835	46	11	structure	structure	NOUN
cjfa-49835	46	12	in	in	ADP
cjfa-49835	46	13	emerging	emerge	VERB
cjfa-49835	46	14	economies	economy	NOUN
cjfa-49835	46	15	.	.	PUNCT
cjfa-49835	47	1	in	in	ADP
cjfa-49835	47	2	the	the	DET
cjfa-49835	47	3	context	context	NOUN
cjfa-49835	47	4	of	of	ADP
cjfa-49835	47	5	africa	africa	PROPN
cjfa-49835	47	6	,	,	PUNCT
cjfa-49835	47	7	sanyaolu	sanyaolu	PROPN
cjfa-49835	47	8	,	,	PUNCT
cjfa-49835	47	9	adejumo	adejumo	ADJ
cjfa-49835	47	10	and	and	CCONJ
cjfa-49835	47	11	kadiri	kadiri	PROPN
cjfa-49835	47	12	(	(	PUNCT
cjfa-49835	47	13	2020	2020	NUM
cjfa-49835	47	14	)	)	PUNCT
cjfa-49835	47	15	conducted	conduct	VERB
cjfa-49835	47	16	a	a	DET
cjfa-49835	47	17	study	study	NOUN
cjfa-49835	47	18	to	to	PART
cjfa-49835	47	19	examine	examine	VERB
cjfa-49835	47	20	the	the	DET
cjfa-49835	47	21	influence	influence	NOUN
cjfa-49835	47	22	of	of	ADP
cjfa-49835	47	23	board	board	NOUN
cjfa-49835	47	24	diligence	diligence	NOUN
cjfa-49835	47	25	on	on	ADP
cjfa-49835	47	26	the	the	DET
cjfa-49835	47	27	financial	financial	ADJ
cjfa-49835	47	28	performance	performance	NOUN
cjfa-49835	47	29	of	of	ADP
cjfa-49835	47	30	nigerian	nigerian	ADJ
cjfa-49835	47	31	deposit	deposit	NOUN
cjfa-49835	47	32	money	money	NOUN
cjfa-49835	47	33	banks	bank	NOUN
cjfa-49835	47	34	.	.	PUNCT
cjfa-49835	48	1	their	their	PRON
cjfa-49835	48	2	findings	finding	NOUN
cjfa-49835	48	3	showed	show	VERB
cjfa-49835	48	4	that	that	SCONJ
cjfa-49835	48	5	board	board	NOUN
cjfa-49835	48	6	diligence	diligence	NOUN
cjfa-49835	48	7	had	have	VERB
cjfa-49835	48	8	a	a	DET
cjfa-49835	48	9	negative	negative	ADJ
cjfa-49835	48	10	impact	impact	NOUN
cjfa-49835	48	11	on	on	ADP
cjfa-49835	48	12	financial	financial	ADJ
cjfa-49835	48	13	performance	performance	NOUN
cjfa-49835	48	14	,	,	PUNCT
cjfa-49835	48	15	which	which	PRON
cjfa-49835	48	16	contradicts	contradict	VERB
cjfa-49835	48	17	traditional	traditional	ADJ
cjfa-49835	48	18	expectations	expectation	NOUN
cjfa-49835	48	19	and	and	CCONJ
cjfa-49835	48	20	emphasizes	emphasize	VERB
cjfa-49835	48	21	the	the	DET
cjfa-49835	48	22	significance	significance	NOUN
cjfa-49835	48	23	of	of	ADP
cjfa-49835	48	24	board	board	NOUN
cjfa-49835	48	25	meeting	meeting	NOUN
cjfa-49835	48	26	quality	quality	NOUN
cjfa-49835	48	27	over	over	ADP
cjfa-49835	48	28	frequency	frequency	NOUN
cjfa-49835	48	29	.	.	PUNCT
cjfa-49835	49	1	additionally	additionally	ADV
cjfa-49835	49	2	,	,	PUNCT
cjfa-49835	49	3	singh	singh	PROPN
cjfa-49835	49	4	and	and	CCONJ
cjfa-49835	49	5	dwesar	dwesar	VERB
cjfa-49835	49	6	(	(	PUNCT
cjfa-49835	49	7	2022	2022	NUM
cjfa-49835	49	8	)	)	PUNCT
cjfa-49835	49	9	conducted	conduct	VERB
cjfa-49835	49	10	a	a	DET
cjfa-49835	49	11	global	global	ADJ
cjfa-49835	49	12	review	review	NOUN
cjfa-49835	49	13	of	of	ADP
cjfa-49835	49	14	the	the	DET
cjfa-49835	49	15	discussion	discussion	NOUN
cjfa-49835	49	16	on	on	ADP
cjfa-49835	49	17	board	board	NOUN
cjfa-49835	49	18	gender	gender	NOUN
cjfa-49835	49	19	diversity	diversity	NOUN
cjfa-49835	49	20	.	.	PUNCT
cjfa-49835	50	1	their	their	PRON
cjfa-49835	50	2	analysis	analysis	NOUN
cjfa-49835	50	3	of	of	ADP
cjfa-49835	50	4	existing	exist	VERB
cjfa-49835	50	5	literature	literature	NOUN
cjfa-49835	50	6	revealed	reveal	VERB
cjfa-49835	50	7	mixed	mixed	ADJ
cjfa-49835	50	8	results	result	NOUN
cjfa-49835	50	9	regarding	regard	VERB
cjfa-49835	50	10	the	the	DET
cjfa-49835	50	11	impact	impact	NOUN
cjfa-49835	50	12	of	of	ADP
cjfa-49835	50	13	gender	gender	NOUN
cjfa-49835	50	14	diversity	diversity	NOUN
cjfa-49835	50	15	on	on	ADP
cjfa-49835	50	16	firm	firm	ADJ
cjfa-49835	50	17	performance	performance	NOUN
cjfa-49835	50	18	and	and	CCONJ
cjfa-49835	50	19	risk	risk	NOUN
cjfa-49835	50	20	,	,	PUNCT
cjfa-49835	50	21	indicating	indicate	VERB
cjfa-49835	50	22	the	the	DET
cjfa-49835	50	23	need	need	NOUN
cjfa-49835	50	24	for	for	ADP
cjfa-49835	50	25	further	further	ADJ
cjfa-49835	50	26	research	research	NOUN
cjfa-49835	50	27	,	,	PUNCT
cjfa-49835	50	28	particularly	particularly	ADV
cjfa-49835	50	29	in	in	ADP
cjfa-49835	50	30	emerging	emerge	VERB
cjfa-49835	50	31	economies	economy	NOUN
cjfa-49835	50	32	,	,	PUNCT
cjfa-49835	50	33	to	to	PART
cjfa-49835	50	34	fully	fully	ADV
cjfa-49835	50	35	understand	understand	VERB
cjfa-49835	50	36	these	these	DET
cjfa-49835	50	37	relationships	relationship	NOUN
cjfa-49835	50	38	.	.	PUNCT
cjfa-49835	51	1	this	this	DET
cjfa-49835	51	2	literature	literature	NOUN
cjfa-49835	51	3	review	review	NOUN
cjfa-49835	51	4	examines	examine	VERB
cjfa-49835	51	5	the	the	DET
cjfa-49835	51	6	relationship	relationship	NOUN
cjfa-49835	51	7	between	between	ADP
cjfa-49835	51	8	board	board	NOUN
cjfa-49835	51	9	characteristics	characteristic	NOUN
cjfa-49835	51	10	and	and	CCONJ
cjfa-49835	51	11	firm	firm	ADJ
cjfa-49835	51	12	performance	performance	NOUN
cjfa-49835	51	13	.	.	PUNCT
cjfa-49835	52	1	earlier	early	ADJ
cjfa-49835	52	2	studies	study	NOUN
cjfa-49835	52	3	found	find	VERB
cjfa-49835	52	4	a	a	DET
cjfa-49835	52	5	positive	positive	ADJ
cjfa-49835	52	6	association	association	NOUN
cjfa-49835	52	7	between	between	ADP
cjfa-49835	52	8	board	board	NOUN
cjfa-49835	52	9	size	size	NOUN
cjfa-49835	52	10	,	,	PUNCT
cjfa-49835	52	11	independence	independence	NOUN
cjfa-49835	52	12	,	,	PUNCT
cjfa-49835	52	13	and	and	CCONJ
cjfa-49835	52	14	firm	firm	ADJ
cjfa-49835	52	15	performance	performance	NOUN
cjfa-49835	52	16	.	.	PUNCT
cjfa-49835	53	1	however	however	ADV
cjfa-49835	53	2	,	,	PUNCT
cjfa-49835	53	3	recent	recent	ADJ
cjfa-49835	53	4	research	research	NOUN
cjfa-49835	53	5	suggests	suggest	VERB
cjfa-49835	53	6	a	a	DET
cjfa-49835	53	7	more	more	ADV
cjfa-49835	53	8	complex	complex	ADJ
cjfa-49835	53	9	relationship	relationship	NOUN
cjfa-49835	53	10	,	,	PUNCT
cjfa-49835	53	11	proposing	propose	VERB
cjfa-49835	53	12	an	an	DET
cjfa-49835	53	13	optimal	optimal	ADJ
cjfa-49835	53	14	mix	mix	NOUN
cjfa-49835	53	15	of	of	ADP
cjfa-49835	53	16	board	board	NOUN
cjfa-49835	53	17	members	member	NOUN
cjfa-49835	53	18	.	.	PUNCT
cjfa-49835	54	1	in	in	ADP
cjfa-49835	54	2	india	india	PROPN
cjfa-49835	54	3	,	,	PUNCT
cjfa-49835	54	4	there	there	PRON
cjfa-49835	54	5	are	be	VERB
cjfa-49835	54	6	contrasting	contrast	VERB
cjfa-49835	54	7	views	view	NOUN
cjfa-49835	54	8	on	on	ADP
cjfa-49835	54	9	board	board	NOUN
cjfa-49835	54	10	size	size	NOUN
cjfa-49835	54	11	,	,	PUNCT
cjfa-49835	54	12	with	with	ADP
cjfa-49835	54	13	some	some	DET
cjfa-49835	54	14	research	research	NOUN
cjfa-49835	54	15	favoring	favor	VERB
cjfa-49835	54	16	a	a	DET
cjfa-49835	54	17	balanced	balanced	ADJ
cjfa-49835	54	18	composition	composition	NOUN
cjfa-49835	54	19	.	.	PUNCT
cjfa-49835	55	1	studies	study	NOUN
cjfa-49835	55	2	in	in	ADP
cjfa-49835	55	3	bangladesh	bangladesh	PROPN
cjfa-49835	55	4	and	and	CCONJ
cjfa-49835	55	5	nigeria	nigeria	PROPN
cjfa-49835	55	6	emphasize	emphasize	VERB
cjfa-49835	55	7	the	the	DET
cjfa-49835	55	8	importance	importance	NOUN
cjfa-49835	55	9	of	of	ADP
cjfa-49835	55	10	board	board	NOUN
cjfa-49835	55	11	composition	composition	NOUN
cjfa-49835	55	12	in	in	ADP
cjfa-49835	55	13	emerging	emerge	VERB
cjfa-49835	55	14	economies	economy	NOUN
cjfa-49835	55	15	,	,	PUNCT
cjfa-49835	55	16	while	while	SCONJ
cjfa-49835	55	17	global	global	ADJ
cjfa-49835	55	18	research	research	NOUN
cjfa-49835	55	19	on	on	ADP
cjfa-49835	55	20	gender	gender	NOUN
cjfa-49835	55	21	diversity	diversity	NOUN
cjfa-49835	55	22	yields	yield	VERB
cjfa-49835	55	23	mixed	mixed	ADJ
cjfa-49835	55	24	results	result	NOUN
cjfa-49835	55	25	.	.	PUNCT
cjfa-49835	56	1	board	board	NOUN
cjfa-49835	56	2	independence	independence	NOUN
cjfa-49835	56	3	and	and	CCONJ
cjfa-49835	56	4	earnings	earning	NOUN
cjfa-49835	56	5	stability	stability	NOUN
cjfa-49835	56	6	…	…	PUNCT
cjfa-49835	56	7	7777	7777	NUM
cjfa-49835	56	8	theoretical	theoretical	ADJ
cjfa-49835	56	9	background	background	NOUN
cjfa-49835	56	10	of	of	ADP
cjfa-49835	56	11	the	the	DET
cjfa-49835	56	12	studytheoretical	studytheoretical	ADJ
cjfa-49835	56	13	background	background	NOUN
cjfa-49835	56	14	of	of	ADP
cjfa-49835	56	15	the	the	DET
cjfa-49835	56	16	study	study	NOUN
cjfa-49835	56	17	corporate	corporate	ADJ
cjfa-49835	56	18	governance	governance	NOUN
cjfa-49835	56	19	plays	play	VERB
cjfa-49835	56	20	a	a	DET
cjfa-49835	56	21	crucial	crucial	ADJ
cjfa-49835	56	22	role	role	NOUN
cjfa-49835	56	23	in	in	ADP
cjfa-49835	56	24	determining	determine	VERB
cjfa-49835	56	25	a	a	DET
cjfa-49835	56	26	company	company	NOUN
cjfa-49835	56	27	’s	’s	PART
cjfa-49835	56	28	performance	performance	NOUN
cjfa-49835	56	29	,	,	PUNCT
cjfa-49835	56	30	particularly	particularly	ADV
cjfa-49835	56	31	through	through	ADP
cjfa-49835	56	32	the	the	DET
cjfa-49835	56	33	characteristics	characteristic	NOUN
cjfa-49835	56	34	of	of	ADP
cjfa-49835	56	35	its	its	PRON
cjfa-49835	56	36	board	board	NOUN
cjfa-49835	56	37	,	,	PUNCT
cjfa-49835	56	38	such	such	ADJ
cjfa-49835	56	39	as	as	ADP
cjfa-49835	56	40	size	size	NOUN
cjfa-49835	56	41	and	and	CCONJ
cjfa-49835	56	42	independence	independence	NOUN
cjfa-49835	56	43	.	.	PUNCT
cjfa-49835	57	1	prior	prior	ADJ
cjfa-49835	57	2	studies	study	NOUN
cjfa-49835	57	3	have	have	AUX
cjfa-49835	57	4	investigated	investigate	VERB
cjfa-49835	57	5	the	the	DET
cjfa-49835	57	6	relationship	relationship	NOUN
cjfa-49835	57	7	between	between	ADP
cjfa-49835	57	8	corporate	corporate	ADJ
cjfa-49835	57	9	governance	governance	NOUN
cjfa-49835	57	10	and	and	CCONJ
cjfa-49835	57	11	firm	firm	ADJ
cjfa-49835	57	12	performance	performance	NOUN
cjfa-49835	57	13	through	through	ADP
cjfa-49835	57	14	three	three	NUM
cjfa-49835	57	15	distinct	distinct	ADJ
cjfa-49835	57	16	theories	theory	NOUN
cjfa-49835	57	17	:	:	PUNCT
cjfa-49835	57	18	agency	agency	NOUN
cjfa-49835	57	19	theory	theory	NOUN
cjfa-49835	57	20	,	,	PUNCT
cjfa-49835	57	21	resource	resource	NOUN
cjfa-49835	57	22	dependence	dependence	NOUN
cjfa-49835	57	23	theory	theory	NOUN
cjfa-49835	57	24	(	(	PUNCT
cjfa-49835	57	25	rdt	rdt	PROPN
cjfa-49835	57	26	)	)	PUNCT
cjfa-49835	57	27	,	,	PUNCT
cjfa-49835	57	28	and	and	CCONJ
cjfa-49835	57	29	stewardship	stewardship	NOUN
cjfa-49835	57	30	theory	theory	NOUN
cjfa-49835	57	31	.	.	PUNCT
cjfa-49835	58	1	agency	agency	NOUN
cjfa-49835	58	2	theory	theory	NOUN
cjfa-49835	58	3	posits	posit	VERB
cjfa-49835	58	4	that	that	SCONJ
cjfa-49835	58	5	a	a	DET
cjfa-49835	58	6	larger	large	ADJ
cjfa-49835	58	7	,	,	PUNCT
cjfa-49835	58	8	more	more	ADV
cjfa-49835	58	9	independent	independent	ADJ
cjfa-49835	58	10	board	board	NOUN
cjfa-49835	58	11	can	can	AUX
cjfa-49835	58	12	mitigate	mitigate	VERB
cjfa-49835	58	13	conflicts	conflict	NOUN
cjfa-49835	58	14	between	between	ADP
cjfa-49835	58	15	shareholders	shareholder	NOUN
cjfa-49835	58	16	and	and	CCONJ
cjfa-49835	58	17	management	management	NOUN
cjfa-49835	58	18	,	,	PUNCT
cjfa-49835	58	19	thereby	thereby	ADV
cjfa-49835	58	20	increasing	increase	VERB
cjfa-49835	58	21	shareholder	shareholder	NOUN
cjfa-49835	58	22	value	value	NOUN
cjfa-49835	58	23	(	(	PUNCT
cjfa-49835	58	24	johnson	johnson	PROPN
cjfa-49835	58	25	,	,	PUNCT
cjfa-49835	58	26	daily	daily	PROPN
cjfa-49835	58	27	&	&	CCONJ
cjfa-49835	58	28	ellstrand	ellstrand	NOUN
cjfa-49835	58	29	,	,	PUNCT
cjfa-49835	58	30	1996	1996	NUM
cjfa-49835	58	31	;	;	PUNCT
cjfa-49835	58	32	dalton	dalton	PROPN
cjfa-49835	58	33	,	,	PUNCT
cjfa-49835	58	34	hitt	hitt	PROPN
cjfa-49835	58	35	,	,	PUNCT
cjfa-49835	58	36	certo	certo	PROPN
cjfa-49835	58	37	&	&	CCONJ
cjfa-49835	58	38	dalton	dalton	PROPN
cjfa-49835	58	39	,	,	PUNCT
cjfa-49835	58	40	2007	2007	NUM
cjfa-49835	58	41	;	;	PUNCT
cjfa-49835	58	42	zahra	zahra	PROPN
cjfa-49835	58	43	&	&	CCONJ
cjfa-49835	58	44	pearce	pearce	PROPN
cjfa-49835	58	45	,	,	PUNCT
cjfa-49835	58	46	1989	1989	NUM
cjfa-49835	58	47	)	)	PUNCT
cjfa-49835	58	48	.	.	PUNCT
cjfa-49835	59	1	in	in	ADP
cjfa-49835	59	2	contrast	contrast	NOUN
cjfa-49835	59	3	,	,	PUNCT
cjfa-49835	59	4	stewardship	stewardship	NOUN
cjfa-49835	59	5	theory	theory	NOUN
cjfa-49835	59	6	advocates	advocate	VERB
cjfa-49835	59	7	for	for	ADP
cjfa-49835	59	8	smaller	small	ADJ
cjfa-49835	59	9	boards	board	NOUN
cjfa-49835	59	10	with	with	ADP
cjfa-49835	59	11	a	a	DET
cjfa-49835	59	12	substantial	substantial	ADJ
cjfa-49835	59	13	presence	presence	NOUN
cjfa-49835	59	14	of	of	ADP
cjfa-49835	59	15	insiders	insider	NOUN
cjfa-49835	59	16	,	,	PUNCT
cjfa-49835	59	17	arguing	argue	VERB
cjfa-49835	59	18	that	that	SCONJ
cjfa-49835	59	19	aligned	aligned	ADJ
cjfa-49835	59	20	interests	interest	NOUN
cjfa-49835	59	21	between	between	ADP
cjfa-49835	59	22	managers	manager	NOUN
cjfa-49835	59	23	and	and	CCONJ
cjfa-49835	59	24	the	the	DET
cjfa-49835	59	25	company	company	NOUN
cjfa-49835	59	26	lead	lead	VERB
cjfa-49835	59	27	to	to	ADP
cjfa-49835	59	28	the	the	DET
cjfa-49835	59	29	prioritization	prioritization	NOUN
cjfa-49835	59	30	of	of	ADP
cjfa-49835	59	31	company	company	NOUN
cjfa-49835	59	32	goals	goal	NOUN
cjfa-49835	59	33	(	(	PUNCT
cjfa-49835	59	34	donaldson	donaldson	PROPN
cjfa-49835	59	35	&	&	CCONJ
cjfa-49835	59	36	davis	davis	PROPN
cjfa-49835	59	37	,	,	PUNCT
cjfa-49835	59	38	1991	1991	NUM
cjfa-49835	59	39	)	)	PUNCT
cjfa-49835	59	40	.	.	PUNCT
cjfa-49835	60	1	rdt	rdt	PROPN
cjfa-49835	60	2	offers	offer	VERB
cjfa-49835	60	3	another	another	DET
cjfa-49835	60	4	perspective	perspective	NOUN
cjfa-49835	60	5	by	by	ADP
cjfa-49835	60	6	highlighting	highlight	VERB
cjfa-49835	60	7	the	the	DET
cjfa-49835	60	8	benefits	benefit	NOUN
cjfa-49835	60	9	of	of	ADP
cjfa-49835	60	10	outside	outside	ADJ
cjfa-49835	60	11	directors	director	NOUN
cjfa-49835	60	12	who	who	PRON
cjfa-49835	60	13	bring	bring	VERB
cjfa-49835	60	14	diverse	diverse	ADJ
cjfa-49835	60	15	expertise	expertise	NOUN
cjfa-49835	60	16	and	and	CCONJ
cjfa-49835	60	17	extensive	extensive	ADJ
cjfa-49835	60	18	information	information	NOUN
cjfa-49835	60	19	networks	network	NOUN
cjfa-49835	60	20	,	,	PUNCT
cjfa-49835	60	21	aligning	align	VERB
cjfa-49835	60	22	with	with	ADP
cjfa-49835	60	23	contemporary	contemporary	ADJ
cjfa-49835	60	24	governance	governance	NOUN
cjfa-49835	60	25	standards	standard	NOUN
cjfa-49835	60	26	(	(	PUNCT
cjfa-49835	60	27	hillman	hillman	PROPN
cjfa-49835	60	28	,	,	PUNCT
cjfa-49835	60	29	cannella	cannella	PROPN
cjfa-49835	60	30	&	&	CCONJ
cjfa-49835	60	31	paetzold	paetzold	ADJ
cjfa-49835	60	32	,	,	PUNCT
cjfa-49835	60	33	2000	2000	NUM
cjfa-49835	60	34	)	)	PUNCT
cjfa-49835	60	35	.	.	PUNCT
cjfa-49835	61	1	the	the	DET
cjfa-49835	61	2	theoretical	theoretical	ADJ
cjfa-49835	61	3	framework	framework	NOUN
cjfa-49835	61	4	of	of	ADP
cjfa-49835	61	5	the	the	DET
cjfa-49835	61	6	study	study	NOUN
cjfa-49835	61	7	explores	explore	NOUN
cjfa-49835	61	8	into	into	ADP
cjfa-49835	61	9	how	how	SCONJ
cjfa-49835	61	10	corporate	corporate	ADJ
cjfa-49835	61	11	governance	governance	NOUN
cjfa-49835	61	12	affects	affect	VERB
cjfa-49835	61	13	firm	firm	ADJ
cjfa-49835	61	14	performance	performance	NOUN
cjfa-49835	61	15	through	through	ADP
cjfa-49835	61	16	the	the	DET
cjfa-49835	61	17	attributes	attribute	NOUN
cjfa-49835	61	18	of	of	ADP
cjfa-49835	61	19	the	the	DET
cjfa-49835	61	20	board	board	NOUN
cjfa-49835	61	21	.	.	PUNCT
cjfa-49835	62	1	agency	agency	NOUN
cjfa-49835	62	2	theory	theory	NOUN
cjfa-49835	62	3	favors	favor	VERB
cjfa-49835	62	4	larger	large	ADJ
cjfa-49835	62	5	,	,	PUNCT
cjfa-49835	62	6	independent	independent	ADJ
cjfa-49835	62	7	boards	board	NOUN
cjfa-49835	62	8	to	to	PART
cjfa-49835	62	9	reduce	reduce	VERB
cjfa-49835	62	10	shareholder	shareholder	NOUN
cjfa-49835	62	11	-	-	PUNCT
cjfa-49835	62	12	management	management	NOUN
cjfa-49835	62	13	conflicts	conflict	NOUN
cjfa-49835	62	14	,	,	PUNCT
cjfa-49835	62	15	while	while	SCONJ
cjfa-49835	62	16	stewardship	stewardship	NOUN
cjfa-49835	62	17	theory	theory	NOUN
cjfa-49835	62	18	prefers	prefer	VERB
cjfa-49835	62	19	smaller	small	ADJ
cjfa-49835	62	20	,	,	PUNCT
cjfa-49835	62	21	insider	insider	NOUN
cjfa-49835	62	22	-	-	PUNCT
cjfa-49835	62	23	dominated	dominate	VERB
cjfa-49835	62	24	boards	board	NOUN
cjfa-49835	62	25	for	for	ADP
cjfa-49835	62	26	aligned	aligned	ADJ
cjfa-49835	62	27	interests	interest	NOUN
cjfa-49835	62	28	.	.	PUNCT
cjfa-49835	63	1	resource	resource	NOUN
cjfa-49835	63	2	dependence	dependence	NOUN
cjfa-49835	63	3	theory	theory	NOUN
cjfa-49835	63	4	emphasizes	emphasize	VERB
cjfa-49835	63	5	the	the	DET
cjfa-49835	63	6	advantage	advantage	NOUN
cjfa-49835	63	7	of	of	ADP
cjfa-49835	63	8	outside	outside	ADJ
cjfa-49835	63	9	directors	director	NOUN
cjfa-49835	63	10	for	for	ADP
cjfa-49835	63	11	their	their	PRON
cjfa-49835	63	12	diverse	diverse	ADJ
cjfa-49835	63	13	expertise	expertise	NOUN
cjfa-49835	63	14	and	and	CCONJ
cjfa-49835	63	15	networks	network	NOUN
cjfa-49835	63	16	.	.	PUNCT
cjfa-49835	64	1	research	research	NOUN
cjfa-49835	64	2	gap	gap	NOUN
cjfa-49835	64	3	and	and	CCONJ
cjfa-49835	64	4	motivation	motivation	NOUN
cjfa-49835	64	5	of	of	ADP
cjfa-49835	64	6	the	the	DET
cjfa-49835	64	7	studyresearch	studyresearch	NOUN
cjfa-49835	64	8	gap	gap	NOUN
cjfa-49835	64	9	and	and	CCONJ
cjfa-49835	64	10	motivation	motivation	NOUN
cjfa-49835	64	11	of	of	ADP
cjfa-49835	64	12	the	the	DET
cjfa-49835	64	13	study	study	NOUN
cjfa-49835	64	14	the	the	DET
cjfa-49835	64	15	extensive	extensive	ADJ
cjfa-49835	64	16	research	research	NOUN
cjfa-49835	64	17	conducted	conduct	VERB
cjfa-49835	64	18	on	on	ADP
cjfa-49835	64	19	the	the	DET
cjfa-49835	64	20	impact	impact	NOUN
cjfa-49835	64	21	of	of	ADP
cjfa-49835	64	22	various	various	ADJ
cjfa-49835	64	23	board	board	NOUN
cjfa-49835	64	24	features	feature	NOUN
cjfa-49835	64	25	on	on	ADP
cjfa-49835	64	26	company	company	NOUN
cjfa-49835	64	27	performance	performance	NOUN
cjfa-49835	64	28	in	in	ADP
cjfa-49835	64	29	india	india	PROPN
cjfa-49835	64	30	has	have	AUX
cjfa-49835	64	31	led	lead	VERB
cjfa-49835	64	32	to	to	ADP
cjfa-49835	64	33	the	the	DET
cjfa-49835	64	34	identification	identification	NOUN
cjfa-49835	64	35	of	of	ADP
cjfa-49835	64	36	significant	significant	ADJ
cjfa-49835	64	37	gaps	gap	NOUN
cjfa-49835	64	38	,	,	PUNCT
cjfa-49835	64	39	which	which	PRON
cjfa-49835	64	40	present	present	ADJ
cjfa-49835	64	41	opportunities	opportunity	NOUN
cjfa-49835	64	42	for	for	ADP
cjfa-49835	64	43	further	further	ADJ
cjfa-49835	64	44	investigation	investigation	NOUN
cjfa-49835	64	45	.	.	PUNCT
cjfa-49835	65	1	this	this	DET
cjfa-49835	65	2	research	research	NOUN
cjfa-49835	65	3	study	study	NOUN
cjfa-49835	65	4	aims	aim	VERB
cjfa-49835	65	5	to	to	PART
cjfa-49835	65	6	address	address	VERB
cjfa-49835	65	7	these	these	DET
cjfa-49835	65	8	gaps	gap	NOUN
cjfa-49835	65	9	and	and	CCONJ
cjfa-49835	65	10	provide	provide	VERB
cjfa-49835	65	11	a	a	DET
cjfa-49835	65	12	insightful	insightful	ADJ
cjfa-49835	65	13	understanding	understanding	NOUN
cjfa-49835	65	14	of	of	ADP
cjfa-49835	65	15	the	the	DET
cjfa-49835	65	16	research	research	NOUN
cjfa-49835	65	17	phenomenon	phenomenon	NOUN
cjfa-49835	65	18	.	.	PUNCT
cjfa-49835	66	1	by	by	ADP
cjfa-49835	66	2	utilizing	utilize	VERB
cjfa-49835	66	3	a	a	DET
cjfa-49835	66	4	dataset	dataset	NOUN
cjfa-49835	66	5	from	from	ADP
cjfa-49835	66	6	the	the	DET
cjfa-49835	66	7	bse-500	bse-500	NOUN
cjfa-49835	66	8	index	index	NOUN
cjfa-49835	66	9	,	,	PUNCT
cjfa-49835	66	10	which	which	PRON
cjfa-49835	66	11	includes	include	VERB
cjfa-49835	66	12	4044	4044	NUM
cjfa-49835	66	13	firm	firm	ADJ
cjfa-49835	66	14	-	-	PUNCT
cjfa-49835	66	15	years	year	NOUN
cjfa-49835	66	16	represented	represent	VERB
cjfa-49835	66	17	416	416	NUM
cjfa-49835	66	18	firms	firm	NOUN
cjfa-49835	66	19	in	in	ADP
cjfa-49835	66	20	the	the	DET
cjfa-49835	66	21	final	final	ADJ
cjfa-49835	66	22	sample	sample	NOUN
cjfa-49835	66	23	,	,	PUNCT
cjfa-49835	66	24	this	this	DET
cjfa-49835	66	25	study	study	NOUN
cjfa-49835	66	26	enables	enable	VERB
cjfa-49835	66	27	more	more	ADV
cjfa-49835	66	28	reliable	reliable	ADJ
cjfa-49835	66	29	generalizations	generalization	NOUN
cjfa-49835	66	30	and	and	CCONJ
cjfa-49835	66	31	refined	refined	ADJ
cjfa-49835	66	32	control	control	NOUN
cjfa-49835	66	33	of	of	ADP
cjfa-49835	66	34	industry	industry	NOUN
cjfa-49835	66	35	-	-	PUNCT
cjfa-49835	66	36	specific	specific	ADJ
cjfa-49835	66	37	influences	influence	NOUN
cjfa-49835	66	38	.	.	PUNCT
cjfa-49835	67	1	the	the	DET
cjfa-49835	67	2	breadth	breadth	NOUN
cjfa-49835	67	3	of	of	ADP
cjfa-49835	67	4	this	this	DET
cjfa-49835	67	5	sample	sample	NOUN
cjfa-49835	67	6	significantly	significantly	ADV
cjfa-49835	67	7	improves	improve	VERB
cjfa-49835	67	8	upon	upon	SCONJ
cjfa-49835	67	9	previous	previous	ADJ
cjfa-49835	67	10	studies	study	NOUN
cjfa-49835	67	11	,	,	PUNCT
cjfa-49835	67	12	which	which	PRON
cjfa-49835	67	13	often	often	ADV
cjfa-49835	67	14	focused	focus	VERB
cjfa-49835	67	15	on	on	ADP
cjfa-49835	67	16	a	a	DET
cjfa-49835	67	17	smaller	small	ADJ
cjfa-49835	67	18	number	number	NOUN
cjfa-49835	67	19	of	of	ADP
cjfa-49835	67	20	firms	firm	NOUN
cjfa-49835	67	21	.	.	PUNCT
cjfa-49835	68	1	srikanth	srikanth	PROPN
cjfa-49835	68	2	potharla	potharla	PROPN
cjfa-49835	68	3	,	,	PUNCT
cjfa-49835	68	4	suman	suman	PROPN
cjfa-49835	68	5	kolpula7878	kolpula7878	PROPN
cjfa-49835	68	6	this	this	DET
cjfa-49835	68	7	study	study	NOUN
cjfa-49835	68	8	distinguishes	distinguish	VERB
cjfa-49835	68	9	itself	itself	PRON
cjfa-49835	68	10	in	in	ADP
cjfa-49835	68	11	two	two	NUM
cjfa-49835	68	12	ways	way	NOUN
cjfa-49835	68	13	.	.	PUNCT
cjfa-49835	69	1	firstly	firstly	ADV
cjfa-49835	69	2	,	,	PUNCT
cjfa-49835	69	3	its	its	PRON
cjfa-49835	69	4	methodological	methodological	ADJ
cjfa-49835	69	5	approach	approach	NOUN
cjfa-49835	69	6	differs	differ	VERB
cjfa-49835	69	7	from	from	ADP
cjfa-49835	69	8	most	most	ADJ
cjfa-49835	69	9	existing	exist	VERB
cjfa-49835	69	10	literature	literature	NOUN
cjfa-49835	69	11	,	,	PUNCT
cjfa-49835	69	12	which	which	PRON
cjfa-49835	69	13	relies	rely	VERB
cjfa-49835	69	14	on	on	ADP
cjfa-49835	69	15	linear	linear	ADJ
cjfa-49835	69	16	models	model	NOUN
cjfa-49835	69	17	.	.	PUNCT
cjfa-49835	70	1	this	this	DET
cjfa-49835	70	2	research	research	NOUN
cjfa-49835	70	3	employs	employ	VERB
cjfa-49835	70	4	a	a	DET
cjfa-49835	70	5	quadratic	quadratic	ADJ
cjfa-49835	70	6	function	function	NOUN
cjfa-49835	70	7	to	to	PART
cjfa-49835	70	8	explore	explore	VERB
cjfa-49835	70	9	the	the	DET
cjfa-49835	70	10	interaction	interaction	NOUN
cjfa-49835	70	11	between	between	ADP
cjfa-49835	70	12	resource	resource	NOUN
cjfa-49835	70	13	dependence	dependence	NOUN
cjfa-49835	70	14	theory	theory	NOUN
cjfa-49835	70	15	(	(	PUNCT
cjfa-49835	70	16	rdt	rdt	PROPN
cjfa-49835	70	17	)	)	PUNCT
cjfa-49835	70	18	and	and	CCONJ
cjfa-49835	70	19	stewardship	stewardship	NOUN
cjfa-49835	70	20	theory	theory	NOUN
cjfa-49835	70	21	,	,	PUNCT
cjfa-49835	70	22	providing	provide	VERB
cjfa-49835	70	23	a	a	DET
cjfa-49835	70	24	nonlinear	nonlinear	ADJ
cjfa-49835	70	25	approach	approach	NOUN
cjfa-49835	70	26	that	that	PRON
cjfa-49835	70	27	is	be	AUX
cjfa-49835	70	28	expected	expect	VERB
cjfa-49835	70	29	to	to	PART
cjfa-49835	70	30	yield	yield	VERB
cjfa-49835	70	31	novel	novel	ADJ
cjfa-49835	70	32	insights	insight	NOUN
cjfa-49835	70	33	into	into	ADP
cjfa-49835	70	34	the	the	DET
cjfa-49835	70	35	relationship	relationship	NOUN
cjfa-49835	70	36	between	between	ADP
cjfa-49835	70	37	board	board	NOUN
cjfa-49835	70	38	characteristics	characteristic	NOUN
cjfa-49835	70	39	and	and	CCONJ
cjfa-49835	70	40	firm	firm	ADJ
cjfa-49835	70	41	performance	performance	NOUN
cjfa-49835	70	42	.	.	PUNCT
cjfa-49835	71	1	secondly	secondly	ADV
cjfa-49835	71	2	,	,	PUNCT
cjfa-49835	71	3	the	the	DET
cjfa-49835	71	4	study	study	NOUN
cjfa-49835	71	5	also	also	ADV
cjfa-49835	71	6	features	feature	VERB
cjfa-49835	71	7	a	a	DET
cjfa-49835	71	8	robust	robust	ADJ
cjfa-49835	71	9	measure	measure	NOUN
cjfa-49835	71	10	of	of	ADP
cjfa-49835	71	11	earnings	earning	NOUN
cjfa-49835	71	12	stability	stability	NOUN
cjfa-49835	71	13	.	.	PUNCT
cjfa-49835	72	1	unlike	unlike	ADP
cjfa-49835	72	2	prior	prior	ADJ
cjfa-49835	72	3	studies	study	NOUN
cjfa-49835	72	4	that	that	PRON
cjfa-49835	72	5	primarily	primarily	ADV
cjfa-49835	72	6	use	use	VERB
cjfa-49835	72	7	return	return	NOUN
cjfa-49835	72	8	on	on	ADP
cjfa-49835	72	9	assets	asset	NOUN
cjfa-49835	72	10	(	(	PUNCT
cjfa-49835	72	11	roa	roa	NOUN
cjfa-49835	72	12	)	)	PUNCT
cjfa-49835	72	13	or	or	CCONJ
cjfa-49835	72	14	tobin	tobin	PROPN
cjfa-49835	72	15	’s	’s	PART
cjfa-49835	72	16	q	q	NOUN
cjfa-49835	72	17	,	,	PUNCT
cjfa-49835	72	18	this	this	DET
cjfa-49835	72	19	study	study	NOUN
cjfa-49835	72	20	estimates	estimate	VERB
cjfa-49835	72	21	earnings	earning	NOUN
cjfa-49835	72	22	stability	stability	NOUN
cjfa-49835	72	23	as	as	ADP
cjfa-49835	72	24	the	the	DET
cjfa-49835	72	25	ratio	ratio	NOUN
cjfa-49835	72	26	of	of	ADP
cjfa-49835	72	27	the	the	DET
cjfa-49835	72	28	average	average	ADJ
cjfa-49835	72	29	roa	roa	NOUN
cjfa-49835	72	30	over	over	ADP
cjfa-49835	72	31	twelve	twelve	NUM
cjfa-49835	72	32	rolling	rolling	ADJ
cjfa-49835	72	33	quarters	quarter	NOUN
cjfa-49835	72	34	divided	divide	VERB
cjfa-49835	72	35	by	by	ADP
cjfa-49835	72	36	the	the	DET
cjfa-49835	72	37	standard	standard	ADJ
cjfa-49835	72	38	deviation	deviation	NOUN
cjfa-49835	72	39	of	of	ADP
cjfa-49835	72	40	roa	roa	NOUN
cjfa-49835	72	41	during	during	ADP
cjfa-49835	72	42	the	the	DET
cjfa-49835	72	43	same	same	ADJ
cjfa-49835	72	44	period	period	NOUN
cjfa-49835	72	45	.	.	PUNCT
cjfa-49835	73	1	this	this	DET
cjfa-49835	73	2	measure	measure	NOUN
cjfa-49835	73	3	of	of	ADP
cjfa-49835	73	4	earnings	earning	NOUN
cjfa-49835	73	5	stability	stability	NOUN
cjfa-49835	73	6	offers	offer	VERB
cjfa-49835	73	7	several	several	ADJ
cjfa-49835	73	8	advantages	advantage	NOUN
cjfa-49835	73	9	,	,	PUNCT
cjfa-49835	73	10	including	include	VERB
cjfa-49835	73	11	its	its	PRON
cjfa-49835	73	12	ability	ability	NOUN
cjfa-49835	73	13	to	to	PART
cjfa-49835	73	14	capture	capture	VERB
cjfa-49835	73	15	the	the	DET
cjfa-49835	73	16	consistency	consistency	NOUN
cjfa-49835	73	17	of	of	ADP
cjfa-49835	73	18	performance	performance	NOUN
cjfa-49835	73	19	over	over	ADP
cjfa-49835	73	20	time	time	NOUN
cjfa-49835	73	21	,	,	PUNCT
cjfa-49835	73	22	reflecting	reflect	VERB
cjfa-49835	73	23	a	a	DET
cjfa-49835	73	24	firm	firm	NOUN
cjfa-49835	73	25	’s	’s	PART
cjfa-49835	73	26	resilience	resilience	NOUN
cjfa-49835	73	27	and	and	CCONJ
cjfa-49835	73	28	adaptability	adaptability	NOUN
cjfa-49835	73	29	in	in	ADP
cjfa-49835	73	30	varying	vary	VERB
cjfa-49835	73	31	market	market	NOUN
cjfa-49835	73	32	conditions	condition	NOUN
cjfa-49835	73	33	.	.	PUNCT
cjfa-49835	74	1	this	this	DET
cjfa-49835	74	2	aspect	aspect	NOUN
cjfa-49835	74	3	is	be	AUX
cjfa-49835	74	4	particularly	particularly	ADV
cjfa-49835	74	5	relevant	relevant	ADJ
cjfa-49835	74	6	in	in	ADP
cjfa-49835	74	7	corporate	corporate	ADJ
cjfa-49835	74	8	governance	governance	NOUN
cjfa-49835	74	9	,	,	PUNCT
cjfa-49835	74	10	where	where	SCONJ
cjfa-49835	74	11	board	board	NOUN
cjfa-49835	74	12	decisions	decision	NOUN
cjfa-49835	74	13	often	often	ADV
cjfa-49835	74	14	have	have	VERB
cjfa-49835	74	15	long	long	ADJ
cjfa-49835	74	16	-	-	PUNCT
cjfa-49835	74	17	term	term	NOUN
cjfa-49835	74	18	implications	implication	NOUN
cjfa-49835	74	19	.	.	PUNCT
cjfa-49835	75	1	by	by	ADP
cjfa-49835	75	2	examining	examine	VERB
cjfa-49835	75	3	the	the	DET
cjfa-49835	75	4	impact	impact	NOUN
cjfa-49835	75	5	of	of	ADP
cjfa-49835	75	6	board	board	NOUN
cjfa-49835	75	7	independence	independence	NOUN
cjfa-49835	75	8	on	on	ADP
cjfa-49835	75	9	earnings	earning	NOUN
cjfa-49835	75	10	stability	stability	NOUN
cjfa-49835	75	11	,	,	PUNCT
cjfa-49835	75	12	the	the	DET
cjfa-49835	75	13	study	study	NOUN
cjfa-49835	75	14	aims	aim	VERB
cjfa-49835	75	15	to	to	PART
cjfa-49835	75	16	provide	provide	VERB
cjfa-49835	75	17	insights	insight	NOUN
cjfa-49835	75	18	into	into	ADP
cjfa-49835	75	19	how	how	SCONJ
cjfa-49835	75	20	governance	governance	NOUN
cjfa-49835	75	21	structures	structure	NOUN
cjfa-49835	75	22	contribute	contribute	VERB
cjfa-49835	75	23	to	to	ADP
cjfa-49835	75	24	the	the	DET
cjfa-49835	75	25	sustainable	sustainable	ADJ
cjfa-49835	75	26	growth	growth	NOUN
cjfa-49835	75	27	of	of	ADP
cjfa-49835	75	28	a	a	DET
cjfa-49835	75	29	firm	firm	NOUN
cjfa-49835	75	30	.	.	PUNCT
cjfa-49835	76	1	this	this	DET
cjfa-49835	76	2	study	study	NOUN
cjfa-49835	76	3	’s	’s	PART
cjfa-49835	76	4	importance	importance	NOUN
cjfa-49835	76	5	stems	stem	VERB
cjfa-49835	76	6	from	from	ADP
cjfa-49835	76	7	its	its	PRON
cjfa-49835	76	8	examination	examination	NOUN
cjfa-49835	76	9	of	of	ADP
cjfa-49835	76	10	corporate	corporate	ADJ
cjfa-49835	76	11	governance	governance	NOUN
cjfa-49835	76	12	in	in	ADP
cjfa-49835	76	13	india	india	PROPN
cjfa-49835	76	14	,	,	PUNCT
cjfa-49835	76	15	with	with	ADP
cjfa-49835	76	16	a	a	DET
cjfa-49835	76	17	particular	particular	ADJ
cjfa-49835	76	18	focus	focus	NOUN
cjfa-49835	76	19	on	on	ADP
cjfa-49835	76	20	the	the	DET
cjfa-49835	76	21	association	association	NOUN
cjfa-49835	76	22	between	between	ADP
cjfa-49835	76	23	board	board	NOUN
cjfa-49835	76	24	independence	independence	NOUN
cjfa-49835	76	25	and	and	CCONJ
cjfa-49835	76	26	earnings	earning	NOUN
cjfa-49835	76	27	stability	stability	NOUN
cjfa-49835	76	28	.	.	PUNCT
cjfa-49835	77	1	the	the	DET
cjfa-49835	77	2	study	study	NOUN
cjfa-49835	77	3	’s	’s	PART
cjfa-49835	77	4	considerable	considerable	ADJ
cjfa-49835	77	5	sample	sample	NOUN
cjfa-49835	77	6	size	size	NOUN
cjfa-49835	77	7	,	,	PUNCT
cjfa-49835	77	8	rigorous	rigorous	ADJ
cjfa-49835	77	9	methodology	methodology	NOUN
cjfa-49835	77	10	,	,	PUNCT
cjfa-49835	77	11	and	and	CCONJ
cjfa-49835	77	12	unique	unique	ADJ
cjfa-49835	77	13	performance	performance	NOUN
cjfa-49835	77	14	indicators	indicator	NOUN
cjfa-49835	77	15	lend	lend	VERB
cjfa-49835	77	16	substantial	substantial	ADJ
cjfa-49835	77	17	credence	credence	NOUN
cjfa-49835	77	18	to	to	ADP
cjfa-49835	77	19	its	its	PRON
cjfa-49835	77	20	findings	finding	NOUN
cjfa-49835	77	21	.	.	PUNCT
cjfa-49835	78	1	research	research	NOUN
cjfa-49835	78	2	methodology	methodology	NOUN
cjfa-49835	78	3	and	and	CCONJ
cjfa-49835	78	4	the	the	DET
cjfa-49835	78	5	course	course	NOUN
cjfa-49835	78	6	of	of	ADP
cjfa-49835	78	7	the	the	DET
cjfa-49835	78	8	research	research	NOUN
cjfa-49835	78	9	processresearch	processresearch	NOUN
cjfa-49835	78	10	methodology	methodology	NOUN
cjfa-49835	78	11	and	and	CCONJ
cjfa-49835	78	12	the	the	DET
cjfa-49835	78	13	course	course	NOUN
cjfa-49835	78	14	of	of	ADP
cjfa-49835	78	15	the	the	DET
cjfa-49835	78	16	research	research	NOUN
cjfa-49835	78	17	process	process	NOUN
cjfa-49835	78	18	data	datum	NOUN
cjfa-49835	78	19	source	source	NOUN
cjfa-49835	78	20	and	and	CCONJ
cjfa-49835	78	21	study	study	NOUN
cjfa-49835	78	22	perioddata	perioddata	NOUN
cjfa-49835	78	23	source	source	NOUN
cjfa-49835	78	24	and	and	CCONJ
cjfa-49835	78	25	study	study	NOUN
cjfa-49835	78	26	period	period	NOUN
cjfa-49835	78	27	the	the	DET
cjfa-49835	78	28	dataset	dataset	NOUN
cjfa-49835	78	29	for	for	ADP
cjfa-49835	78	30	this	this	DET
cjfa-49835	78	31	research	research	NOUN
cjfa-49835	78	32	was	be	AUX
cjfa-49835	78	33	obtained	obtain	VERB
cjfa-49835	78	34	from	from	ADP
cjfa-49835	78	35	the	the	DET
cjfa-49835	78	36	centre	centre	NOUN
cjfa-49835	78	37	for	for	ADP
cjfa-49835	78	38	monitoring	monitor	VERB
cjfa-49835	78	39	indian	indian	ADJ
cjfa-49835	78	40	economy	economy	NOUN
cjfa-49835	78	41	(	(	PUNCT
cjfa-49835	78	42	cmie	cmie	PROPN
cjfa-49835	78	43	)	)	PUNCT
cjfa-49835	78	44	database	database	NOUN
cjfa-49835	78	45	.	.	PUNCT
cjfa-49835	79	1	the	the	DET
cjfa-49835	79	2	study	study	NOUN
cjfa-49835	79	3	covers	cover	VERB
cjfa-49835	79	4	the	the	DET
cjfa-49835	79	5	period	period	NOUN
cjfa-49835	79	6	from	from	ADP
cjfa-49835	79	7	2011	2011	NUM
cjfa-49835	79	8	to	to	ADP
cjfa-49835	79	9	2022	2022	NUM
cjfa-49835	79	10	,	,	PUNCT
cjfa-49835	79	11	providing	provide	VERB
cjfa-49835	79	12	a	a	DET
cjfa-49835	79	13	relevant	relevant	ADJ
cjfa-49835	79	14	and	and	CCONJ
cjfa-49835	79	15	contemporary	contemporary	ADJ
cjfa-49835	79	16	timeframe	timeframe	NOUN
cjfa-49835	79	17	to	to	PART
cjfa-49835	79	18	examine	examine	VERB
cjfa-49835	79	19	the	the	DET
cjfa-49835	79	20	dynamic	dynamic	ADJ
cjfa-49835	79	21	relationship	relationship	NOUN
cjfa-49835	79	22	between	between	ADP
cjfa-49835	79	23	board	board	NOUN
cjfa-49835	79	24	independence	independence	NOUN
cjfa-49835	79	25	and	and	CCONJ
cjfa-49835	79	26	earnings	earning	NOUN
cjfa-49835	79	27	stability	stability	NOUN
cjfa-49835	79	28	.	.	PUNCT
cjfa-49835	80	1	this	this	DET
cjfa-49835	80	2	period	period	NOUN
cjfa-49835	80	3	was	be	AUX
cjfa-49835	80	4	selected	select	VERB
cjfa-49835	80	5	for	for	ADP
cjfa-49835	80	6	its	its	PRON
cjfa-49835	80	7	recent	recent	ADJ
cjfa-49835	80	8	relevance	relevance	NOUN
cjfa-49835	80	9	and	and	CCONJ
cjfa-49835	80	10	the	the	DET
cjfa-49835	80	11	comprehensive	comprehensive	ADJ
cjfa-49835	80	12	data	datum	NOUN
cjfa-49835	80	13	available	available	ADJ
cjfa-49835	80	14	,	,	PUNCT
cjfa-49835	80	15	enabling	enable	VERB
cjfa-49835	80	16	a	a	DET
cjfa-49835	80	17	thorough	thorough	ADJ
cjfa-49835	80	18	examination	examination	NOUN
cjfa-49835	80	19	of	of	ADP
cjfa-49835	80	20	current	current	ADJ
cjfa-49835	80	21	trends	trend	NOUN
cjfa-49835	80	22	and	and	CCONJ
cjfa-49835	80	23	patterns	pattern	NOUN
cjfa-49835	80	24	in	in	ADP
cjfa-49835	80	25	corporate	corporate	ADJ
cjfa-49835	80	26	governance	governance	NOUN
cjfa-49835	80	27	.	.	PUNCT
cjfa-49835	81	1	board	board	NOUN
cjfa-49835	81	2	independence	independence	NOUN
cjfa-49835	81	3	and	and	CCONJ
cjfa-49835	81	4	earnings	earning	NOUN
cjfa-49835	81	5	stability	stability	NOUN
cjfa-49835	81	6	…	…	PUNCT
cjfa-49835	81	7	7979	7979	NUM
cjfa-49835	81	8	sample	sample	NOUN
cjfa-49835	81	9	selectionsample	selectionsample	ADJ
cjfa-49835	81	10	selection	selection	NOUN
cjfa-49835	81	11	the	the	DET
cjfa-49835	81	12	study	study	NOUN
cjfa-49835	81	13	’s	’s	PART
cjfa-49835	81	14	sample	sample	NOUN
cjfa-49835	81	15	comprises	comprise	VERB
cjfa-49835	81	16	companies	company	NOUN
cjfa-49835	81	17	listed	list	VERB
cjfa-49835	81	18	on	on	ADP
cjfa-49835	81	19	the	the	DET
cjfa-49835	81	20	bse-500	bse-500	NOUN
cjfa-49835	81	21	index	index	NOUN
cjfa-49835	81	22	,	,	PUNCT
cjfa-49835	81	23	which	which	PRON
cjfa-49835	81	24	represents	represent	VERB
cjfa-49835	81	25	approximately	approximately	ADV
cjfa-49835	81	26	93	93	NUM
cjfa-49835	81	27	%	%	NOUN
cjfa-49835	81	28	of	of	ADP
cjfa-49835	81	29	the	the	DET
cjfa-49835	81	30	total	total	ADJ
cjfa-49835	81	31	market	market	NOUN
cjfa-49835	81	32	capitalization	capitalization	NOUN
cjfa-49835	81	33	in	in	ADP
cjfa-49835	81	34	india	india	PROPN
cjfa-49835	81	35	.	.	PUNCT
cjfa-49835	82	1	this	this	DET
cjfa-49835	82	2	index	index	NOUN
cjfa-49835	82	3	,	,	PUNCT
cjfa-49835	82	4	reflecting	reflect	VERB
cjfa-49835	82	5	the	the	DET
cjfa-49835	82	6	diverse	diverse	ADJ
cjfa-49835	82	7	spectrum	spectrum	NOUN
cjfa-49835	82	8	of	of	ADP
cjfa-49835	82	9	india	india	PROPN
cjfa-49835	82	10	’s	’s	PART
cjfa-49835	82	11	economic	economic	ADJ
cjfa-49835	82	12	growth	growth	NOUN
cjfa-49835	82	13	,	,	PUNCT
cjfa-49835	82	14	offers	offer	VERB
cjfa-49835	82	15	robust	robust	ADJ
cjfa-49835	82	16	insights	insight	NOUN
cjfa-49835	82	17	into	into	ADP
cjfa-49835	82	18	the	the	DET
cjfa-49835	82	19	corporate	corporate	ADJ
cjfa-49835	82	20	landscape	landscape	NOUN
cjfa-49835	82	21	of	of	ADP
cjfa-49835	82	22	the	the	DET
cjfa-49835	82	23	country	country	NOUN
cjfa-49835	82	24	.	.	PUNCT
cjfa-49835	83	1	the	the	DET
cjfa-49835	83	2	bse-500	bse-500	NOUN
cjfa-49835	83	3	index	index	NOUN
cjfa-49835	83	4	was	be	AUX
cjfa-49835	83	5	specifically	specifically	ADV
cjfa-49835	83	6	chosen	choose	VERB
cjfa-49835	83	7	as	as	SCONJ
cjfa-49835	83	8	it	it	PRON
cjfa-49835	83	9	provides	provide	VERB
cjfa-49835	83	10	a	a	DET
cjfa-49835	83	11	broad	broad	ADJ
cjfa-49835	83	12	and	and	CCONJ
cjfa-49835	83	13	representative	representative	ADJ
cjfa-49835	83	14	sample	sample	NOUN
cjfa-49835	83	15	of	of	ADP
cjfa-49835	83	16	indian	indian	ADJ
cjfa-49835	83	17	companies	company	NOUN
cjfa-49835	83	18	across	across	ADP
cjfa-49835	83	19	various	various	ADJ
cjfa-49835	83	20	industries	industry	NOUN
cjfa-49835	83	21	.	.	PUNCT
cjfa-49835	84	1	after	after	ADP
cjfa-49835	84	2	excluding	exclude	VERB
cjfa-49835	84	3	firms	firm	NOUN
cjfa-49835	84	4	from	from	ADP
cjfa-49835	84	5	the	the	DET
cjfa-49835	84	6	financial	financial	ADJ
cjfa-49835	84	7	sector	sector	NOUN
cjfa-49835	84	8	and	and	CCONJ
cjfa-49835	84	9	those	those	PRON
cjfa-49835	84	10	with	with	ADP
cjfa-49835	84	11	incomplete	incomplete	ADJ
cjfa-49835	84	12	data	datum	NOUN
cjfa-49835	84	13	,	,	PUNCT
cjfa-49835	84	14	the	the	DET
cjfa-49835	84	15	final	final	ADJ
cjfa-49835	84	16	sample	sample	NOUN
cjfa-49835	84	17	included	include	VERB
cjfa-49835	84	18	416	416	NUM
cjfa-49835	84	19	companies	company	NOUN
cjfa-49835	84	20	,	,	PUNCT
cjfa-49835	84	21	amounting	amount	VERB
cjfa-49835	84	22	to	to	ADP
cjfa-49835	84	23	4,044	4,044	NUM
cjfa-49835	84	24	firm	firm	ADJ
cjfa-49835	84	25	-	-	PUNCT
cjfa-49835	84	26	years	year	NOUN
cjfa-49835	84	27	.	.	PUNCT
cjfa-49835	85	1	this	this	DET
cjfa-49835	85	2	extensive	extensive	ADJ
cjfa-49835	85	3	sample	sample	NOUN
cjfa-49835	85	4	size	size	NOUN
cjfa-49835	85	5	enhances	enhance	VERB
cjfa-49835	85	6	the	the	DET
cjfa-49835	85	7	generalizability	generalizability	NOUN
cjfa-49835	85	8	of	of	ADP
cjfa-49835	85	9	the	the	DET
cjfa-49835	85	10	study	study	NOUN
cjfa-49835	85	11	’s	’s	PART
cjfa-49835	85	12	findings	finding	NOUN
cjfa-49835	85	13	and	and	CCONJ
cjfa-49835	85	14	allows	allow	VERB
cjfa-49835	85	15	for	for	ADP
cjfa-49835	85	16	a	a	DET
cjfa-49835	85	17	more	more	ADV
cjfa-49835	85	18	insightful	insightful	ADJ
cjfa-49835	85	19	understanding	understanding	NOUN
cjfa-49835	85	20	of	of	ADP
cjfa-49835	85	21	the	the	DET
cjfa-49835	85	22	impact	impact	NOUN
cjfa-49835	85	23	of	of	ADP
cjfa-49835	85	24	board	board	NOUN
cjfa-49835	85	25	characteristics	characteristic	NOUN
cjfa-49835	85	26	on	on	ADP
cjfa-49835	85	27	firm	firm	ADJ
cjfa-49835	85	28	performance	performance	NOUN
cjfa-49835	85	29	.	.	PUNCT
cjfa-49835	86	1	estimation	estimation	NOUN
cjfa-49835	86	2	of	of	ADP
cjfa-49835	86	3	return	return	NOUN
cjfa-49835	86	4	on	on	ADP
cjfa-49835	86	5	assets	asset	NOUN
cjfa-49835	86	6	consistency	consistency	NOUN
cjfa-49835	86	7	ratio	ratio	NOUN
cjfa-49835	86	8	(	(	PUNCT
cjfa-49835	86	9	roacr)estimation	roacr)estimation	NOUN
cjfa-49835	86	10	of	of	ADP
cjfa-49835	86	11	return	return	NOUN
cjfa-49835	86	12	on	on	ADP
cjfa-49835	86	13	assets	asset	NOUN
cjfa-49835	86	14	consistency	consistency	NOUN
cjfa-49835	86	15	ratio	ratio	NOUN
cjfa-49835	86	16	(	(	PUNCT
cjfa-49835	86	17	roacr	roacr	NOUN
cjfa-49835	86	18	)	)	PUNCT
cjfa-49835	86	19	a	a	DET
cjfa-49835	86	20	pivotal	pivotal	ADJ
cjfa-49835	86	21	aspect	aspect	NOUN
cjfa-49835	86	22	of	of	ADP
cjfa-49835	86	23	this	this	DET
cjfa-49835	86	24	study	study	NOUN
cjfa-49835	86	25	is	be	AUX
cjfa-49835	86	26	the	the	DET
cjfa-49835	86	27	use	use	NOUN
cjfa-49835	86	28	of	of	ADP
cjfa-49835	86	29	the	the	DET
cjfa-49835	86	30	return	return	NOUN
cjfa-49835	86	31	on	on	ADP
cjfa-49835	86	32	assets	asset	NOUN
cjfa-49835	86	33	consistency	consistency	NOUN
cjfa-49835	86	34	ratio	ratio	NOUN
cjfa-49835	86	35	(	(	PUNCT
cjfa-49835	86	36	roacr	roacr	NOUN
cjfa-49835	86	37	)	)	PUNCT
cjfa-49835	86	38	as	as	ADP
cjfa-49835	86	39	a	a	DET
cjfa-49835	86	40	measure	measure	NOUN
cjfa-49835	86	41	of	of	ADP
cjfa-49835	86	42	earnngs	earnng	NOUN
cjfa-49835	86	43	stability	stability	NOUN
cjfa-49835	86	44	.	.	PUNCT
cjfa-49835	87	1	the	the	DET
cjfa-49835	87	2	roacr	roacr	NOUN
cjfa-49835	87	3	is	be	AUX
cjfa-49835	87	4	calculated	calculate	VERB
cjfa-49835	87	5	by	by	ADP
cjfa-49835	87	6	dividing	divide	VERB
cjfa-49835	87	7	the	the	DET
cjfa-49835	87	8	mean	mean	ADJ
cjfa-49835	87	9	roa	roa	NOUN
cjfa-49835	87	10	across	across	ADP
cjfa-49835	87	11	two	two	NUM
cjfa-49835	87	12	consecutive	consecutive	ADJ
cjfa-49835	87	13	quarters	quarter	NOUN
cjfa-49835	87	14	by	by	ADP
cjfa-49835	87	15	the	the	DET
cjfa-49835	87	16	standard	standard	ADJ
cjfa-49835	87	17	deviation	deviation	NOUN
cjfa-49835	87	18	of	of	ADP
cjfa-49835	87	19	roa	roa	NOUN
cjfa-49835	87	20	for	for	ADP
cjfa-49835	87	21	the	the	DET
cjfa-49835	87	22	same	same	ADJ
cjfa-49835	87	23	period	period	NOUN
cjfa-49835	87	24	.	.	PUNCT
cjfa-49835	88	1	this	this	DET
cjfa-49835	88	2	measure	measure	NOUN
cjfa-49835	88	3	was	be	AUX
cjfa-49835	88	4	selected	select	VERB
cjfa-49835	88	5	for	for	ADP
cjfa-49835	88	6	its	its	PRON
cjfa-49835	88	7	ability	ability	NOUN
cjfa-49835	88	8	to	to	PART
cjfa-49835	88	9	encapsulate	encapsulate	VERB
cjfa-49835	88	10	the	the	DET
cjfa-49835	88	11	stability	stability	NOUN
cjfa-49835	88	12	and	and	CCONJ
cjfa-49835	88	13	consistency	consistency	NOUN
cjfa-49835	88	14	of	of	ADP
cjfa-49835	88	15	a	a	DET
cjfa-49835	88	16	firm	firm	NOUN
cjfa-49835	88	17	’s	’s	PART
cjfa-49835	88	18	earnings	earning	NOUN
cjfa-49835	88	19	,	,	PUNCT
cjfa-49835	88	20	reflecting	reflect	VERB
cjfa-49835	88	21	both	both	DET
cjfa-49835	88	22	profitability	profitability	NOUN
cjfa-49835	88	23	and	and	CCONJ
cjfa-49835	88	24	resilience	resilience	NOUN
cjfa-49835	88	25	in	in	ADP
cjfa-49835	88	26	fluctuating	fluctuate	VERB
cjfa-49835	88	27	market	market	NOUN
cjfa-49835	88	28	conditions	condition	NOUN
cjfa-49835	88	29	.	.	PUNCT
cjfa-49835	89	1	the	the	DET
cjfa-49835	89	2	use	use	NOUN
cjfa-49835	89	3	of	of	ADP
cjfa-49835	89	4	roacr	roacr	NOUN
cjfa-49835	89	5	offers	offer	VERB
cjfa-49835	89	6	a	a	DET
cjfa-49835	89	7	more	more	ADV
cjfa-49835	89	8	robust	robust	ADJ
cjfa-49835	89	9	and	and	CCONJ
cjfa-49835	89	10	insightful	insightful	ADJ
cjfa-49835	89	11	perspective	perspective	NOUN
cjfa-49835	89	12	on	on	ADP
cjfa-49835	89	13	financial	financial	ADJ
cjfa-49835	89	14	performance	performance	NOUN
cjfa-49835	89	15	compared	compare	VERB
cjfa-49835	89	16	to	to	ADP
cjfa-49835	89	17	traditional	traditional	ADJ
cjfa-49835	89	18	measures	measure	NOUN
cjfa-49835	89	19	such	such	ADJ
cjfa-49835	89	20	as	as	ADP
cjfa-49835	89	21	roa	roa	NOUN
cjfa-49835	89	22	alone	alone	ADV
cjfa-49835	89	23	.	.	PUNCT
cjfa-49835	90	1	empirical	empirical	ADJ
cjfa-49835	90	2	modelempirical	modelempirical	ADJ
cjfa-49835	90	3	model	model	NOUN
cjfa-49835	90	4	to	to	PART
cjfa-49835	90	5	analyze	analyze	VERB
cjfa-49835	90	6	the	the	DET
cjfa-49835	90	7	relationship	relationship	NOUN
cjfa-49835	90	8	between	between	ADP
cjfa-49835	90	9	board	board	NOUN
cjfa-49835	90	10	characteristics	characteristic	NOUN
cjfa-49835	90	11	and	and	CCONJ
cjfa-49835	90	12	earnings	earning	NOUN
cjfa-49835	90	13	stability	stability	NOUN
cjfa-49835	90	14	,	,	PUNCT
cjfa-49835	90	15	the	the	DET
cjfa-49835	90	16	following	follow	VERB
cjfa-49835	90	17	regression	regression	NOUN
cjfa-49835	90	18	model	model	NOUN
cjfa-49835	90	19	was	be	AUX
cjfa-49835	90	20	employed	employ	VERB
cjfa-49835	90	21	:	:	PUNCT
cjfa-49835	91	1	roacr	roacr	PROPN
cjfa-49835	91	2	=	=	SYM
cjfa-49835	91	3	β0	β0	PROPN
cjfa-49835	91	4	+	+	CCONJ
cjfa-49835	91	5	β1	β1	PROPN
cjfa-49835	91	6	*	*	PUNCT
cjfa-49835	91	7	bi+	bi+	PROPN
cjfa-49835	91	8	β2	β2	PROPN
cjfa-49835	91	9	*	*	PUNCT
cjfa-49835	91	10	bi^2	bi^2	VERB
cjfa-49835	91	11	+	+	CCONJ
cjfa-49835	91	12	β3	β3	ADJ
cjfa-49835	91	13	*	*	PUNCT
cjfa-49835	91	14	atr	atr	PROPN
cjfa-49835	91	15	+	+	CCONJ
cjfa-49835	91	16	β4	β4	PROPN
cjfa-49835	91	17	*	*	PUNCT
cjfa-49835	91	18	io+	io+	PROPN
cjfa-49835	91	19	β5	β5	PROPN
cjfa-49835	92	1	*	*	PUNCT
cjfa-49835	92	2	d	d	X
cjfa-49835	92	3	/	/	PUNCT
cjfa-49835	92	4	e+	e+	VERB
cjfa-49835	92	5	β6	β6	PROPN
cjfa-49835	92	6	*	*	PUNCT
cjfa-49835	92	7	po+	po+	PROPN
cjfa-49835	92	8	β7	β7	X
cjfa-49835	92	9	*	*	PUNCT
cjfa-49835	92	10	size	size	NOUN
cjfa-49835	92	11	+	+	X
cjfa-49835	92	12	ε	ε	PROPN
cjfa-49835	92	13	in	in	ADP
cjfa-49835	92	14	this	this	DET
cjfa-49835	92	15	model	model	NOUN
cjfa-49835	92	16	,	,	PUNCT
cjfa-49835	92	17	the	the	DET
cjfa-49835	92	18	dependent	dependent	ADJ
cjfa-49835	92	19	variable	variable	NOUN
cjfa-49835	92	20	is	be	AUX
cjfa-49835	92	21	roacr	roacr	NOUN
cjfa-49835	92	22	,	,	PUNCT
cjfa-49835	92	23	representing	represent	VERB
cjfa-49835	92	24	a	a	DET
cjfa-49835	92	25	firm	firm	NOUN
cjfa-49835	92	26	’s	’s	PART
cjfa-49835	92	27	earnings	earning	NOUN
cjfa-49835	92	28	stability	stability	NOUN
cjfa-49835	92	29	.	.	PUNCT
cjfa-49835	93	1	the	the	DET
cjfa-49835	93	2	selection	selection	NOUN
cjfa-49835	93	3	of	of	ADP
cjfa-49835	93	4	this	this	DET
cjfa-49835	93	5	regression	regression	NOUN
cjfa-49835	93	6	model	model	NOUN
cjfa-49835	93	7	is	be	AUX
cjfa-49835	93	8	justified	justify	VERB
cjfa-49835	93	9	by	by	ADP
cjfa-49835	93	10	its	its	PRON
cjfa-49835	93	11	capacity	capacity	NOUN
cjfa-49835	93	12	to	to	PART
cjfa-49835	93	13	capture	capture	VERB
cjfa-49835	93	14	both	both	CCONJ
cjfa-49835	93	15	linear	linear	ADJ
cjfa-49835	93	16	and	and	CCONJ
cjfa-49835	93	17	non	non	ADJ
cjfa-49835	93	18	-	-	ADJ
cjfa-49835	93	19	linear	linear	ADJ
cjfa-49835	93	20	relationships	relationship	NOUN
cjfa-49835	93	21	between	between	ADP
cjfa-49835	93	22	board	board	NOUN
cjfa-49835	93	23	independence	independence	NOUN
cjfa-49835	93	24	(	(	PUNCT
cjfa-49835	93	25	bi	bi	NOUN
cjfa-49835	93	26	)	)	PUNCT
cjfa-49835	93	27	and	and	CCONJ
cjfa-49835	93	28	earnings	earning	NOUN
cjfa-49835	93	29	stability	stability	NOUN
cjfa-49835	93	30	.	.	PUNCT
cjfa-49835	94	1	the	the	DET
cjfa-49835	94	2	bi	bi	ADJ
cjfa-49835	94	3	variable	variable	NOUN
cjfa-49835	94	4	indicates	indicate	VERB
cjfa-49835	94	5	the	the	DET
cjfa-49835	94	6	proportion	proportion	NOUN
cjfa-49835	94	7	of	of	ADP
cjfa-49835	94	8	independent	independent	ADJ
cjfa-49835	94	9	directors	director	NOUN
cjfa-49835	94	10	on	on	ADP
cjfa-49835	94	11	a	a	DET
cjfa-49835	94	12	firm	firm	NOUN
cjfa-49835	94	13	’s	’s	PART
cjfa-49835	94	14	board	board	NOUN
cjfa-49835	94	15	,	,	PUNCT
cjfa-49835	94	16	reflecting	reflect	VERB
cjfa-49835	94	17	the	the	DET
cjfa-49835	94	18	degree	degree	NOUN
cjfa-49835	94	19	of	of	ADP
cjfa-49835	94	20	external	external	ADJ
cjfa-49835	94	21	over	over	ADP
cjfa-49835	94	22	srikanth	srikanth	PROPN
cjfa-49835	94	23	potharla	potharla	PROPN
cjfa-49835	94	24	,	,	PUNCT
cjfa-49835	94	25	suman	suman	NOUN
cjfa-49835	94	26	kolpula8080	kolpula8080	PROPN
cjfa-49835	94	27	sight	sight	NOUN
cjfa-49835	94	28	.	.	PUNCT
cjfa-49835	95	1	the	the	DET
cjfa-49835	95	2	inclusion	inclusion	NOUN
cjfa-49835	95	3	of	of	ADP
cjfa-49835	95	4	bi^2	bi^2	NOUN
cjfa-49835	95	5	facilitates	facilitate	VERB
cjfa-49835	95	6	the	the	DET
cjfa-49835	95	7	examination	examination	NOUN
cjfa-49835	95	8	of	of	ADP
cjfa-49835	95	9	potential	potential	ADJ
cjfa-49835	95	10	non	non	ADJ
cjfa-49835	95	11	-	-	ADJ
cjfa-49835	95	12	linear	linear	ADJ
cjfa-49835	95	13	effects	effect	NOUN
cjfa-49835	95	14	.	.	PUNCT
cjfa-49835	96	1	other	other	ADJ
cjfa-49835	96	2	variables	variable	NOUN
cjfa-49835	96	3	in	in	ADP
cjfa-49835	96	4	the	the	DET
cjfa-49835	96	5	model	model	NOUN
cjfa-49835	96	6	include	include	VERB
cjfa-49835	96	7	asset	asset	NOUN
cjfa-49835	96	8	turnover	turnover	NOUN
cjfa-49835	96	9	ratio	ratio	NOUN
cjfa-49835	96	10	(	(	PUNCT
cjfa-49835	96	11	atr	atr	PROPN
cjfa-49835	96	12	)	)	PUNCT
cjfa-49835	96	13	,	,	PUNCT
cjfa-49835	96	14	institutional	institutional	ADJ
cjfa-49835	96	15	ownership	ownership	NOUN
cjfa-49835	96	16	(	(	PUNCT
cjfa-49835	96	17	io	io	NOUN
cjfa-49835	96	18	)	)	PUNCT
cjfa-49835	96	19	,	,	PUNCT
cjfa-49835	96	20	debt	debt	NOUN
cjfa-49835	96	21	-	-	PUNCT
cjfa-49835	96	22	to	to	ADP
cjfa-49835	96	23	-	-	PUNCT
cjfa-49835	96	24	equity	equity	NOUN
cjfa-49835	96	25	ratio	ratio	NOUN
cjfa-49835	96	26	(	(	PUNCT
cjfa-49835	96	27	d	d	NOUN
cjfa-49835	96	28	/	/	SYM
cjfa-49835	96	29	e	e	NOUN
cjfa-49835	96	30	)	)	PUNCT
cjfa-49835	96	31	,	,	PUNCT
cjfa-49835	96	32	promoter	promoter	NOUN
cjfa-49835	96	33	holdings	holding	NOUN
cjfa-49835	96	34	(	(	PUNCT
cjfa-49835	96	35	po	po	NOUN
cjfa-49835	96	36	)	)	PUNCT
cjfa-49835	96	37	,	,	PUNCT
cjfa-49835	96	38	and	and	CCONJ
cjfa-49835	96	39	firm	firm	ADJ
cjfa-49835	96	40	size	size	NOUN
cjfa-49835	96	41	(	(	PUNCT
cjfa-49835	96	42	size	size	NOUN
cjfa-49835	96	43	)	)	PUNCT
cjfa-49835	96	44	,	,	PUNCT
cjfa-49835	96	45	each	each	PRON
cjfa-49835	96	46	selected	select	VERB
cjfa-49835	96	47	for	for	ADP
cjfa-49835	96	48	their	their	PRON
cjfa-49835	96	49	relevance	relevance	NOUN
cjfa-49835	96	50	in	in	ADP
cjfa-49835	96	51	evaluating	evaluate	VERB
cjfa-49835	96	52	the	the	DET
cjfa-49835	96	53	impact	impact	NOUN
cjfa-49835	96	54	of	of	ADP
cjfa-49835	96	55	corporate	corporate	ADJ
cjfa-49835	96	56	governance	governance	NOUN
cjfa-49835	96	57	on	on	ADP
cjfa-49835	96	58	firm	firm	ADJ
cjfa-49835	96	59	performance	performance	NOUN
cjfa-49835	96	60	.	.	PUNCT
cjfa-49835	97	1	results	result	NOUN
cjfa-49835	97	2	of	of	ADP
cjfa-49835	97	3	the	the	DET
cjfa-49835	97	4	analysisresults	analysisresult	NOUN
cjfa-49835	97	5	of	of	ADP
cjfa-49835	97	6	the	the	DET
cjfa-49835	97	7	analysis	analysis	NOUN
cjfa-49835	97	8	descriptive	descriptive	ADJ
cjfa-49835	97	9	statistics	statistic	NOUN
cjfa-49835	97	10	and	and	CCONJ
cjfa-49835	97	11	correlation	correlation	NOUN
cjfa-49835	97	12	analysis	analysis	NOUN
cjfa-49835	97	13	descriptive	descriptive	ADJ
cjfa-49835	97	14	statistics	statistic	NOUN
cjfa-49835	97	15	and	and	CCONJ
cjfa-49835	97	16	correlation	correlation	NOUN
cjfa-49835	97	17	analysis	analysis	NOUN
cjfa-49835	97	18	table	table	NOUN
cjfa-49835	97	19	1	1	NUM
cjfa-49835	97	20	.	.	PUNCT
cjfa-49835	97	21	descriptive	descriptive	ADJ
cjfa-49835	97	22	statistics	statistic	NOUN
cjfa-49835	97	23	roacr	roacr	PROPN
cjfa-49835	97	24	bi	bi	PROPN
cjfa-49835	97	25	atr	atr	PROPN
cjfa-49835	97	26	io	io	PROPN
cjfa-49835	97	27	d	d	PROPN
cjfa-49835	97	28	/	/	SYM
cjfa-49835	97	29	e	e	X
cjfa-49835	97	30	po	po	NOUN
cjfa-49835	97	31	size	size	NOUN
cjfa-49835	97	32	mean	mean	VERB
cjfa-49835	97	33	3.93	3.93	NUM
cjfa-49835	97	34	0.49	0.49	NUM
cjfa-49835	97	35	3.34	3.34	NUM
cjfa-49835	97	36	22.80	22.80	NUM
cjfa-49835	97	37	0.48	0.48	NUM
cjfa-49835	97	38	56.70	56.70	NUM
cjfa-49835	97	39	10.85	10.85	NUM
cjfa-49835	97	40	median	median	NOUN
cjfa-49835	97	41	3.02	3.02	NUM
cjfa-49835	97	42	0.50	0.50	NUM
cjfa-49835	97	43	2.25	2.25	NUM
cjfa-49835	97	44	20.63	20.63	NUM
cjfa-49835	97	45	0.18	0.18	NUM
cjfa-49835	97	46	57.53	57.53	NUM
cjfa-49835	97	47	10.71	10.71	NUM
cjfa-49835	97	48	max	max	PROPN
cjfa-49835	97	49	13.60	13.60	NUM
cjfa-49835	97	50	0.69	0.69	NUM
cjfa-49835	97	51	15.53	15.53	NUM
cjfa-49835	97	52	53.20	53.20	NUM
cjfa-49835	97	53	3.33	3.33	NUM
cjfa-49835	97	54	86.77	86.77	NUM
cjfa-49835	97	55	13.59	13.59	NUM
cjfa-49835	97	56	min	min	NOUN
cjfa-49835	97	57	-0.75	-0.75	NUM
cjfa-49835	97	58	0.23	0.23	NUM
cjfa-49835	97	59	0.18	0.18	NUM
cjfa-49835	97	60	1.18	1.18	NUM
cjfa-49835	97	61	0.00	0.00	NUM
cjfa-49835	97	62	19.03	19.03	NUM
cjfa-49835	97	63	8.66	8.66	NUM
cjfa-49835	97	64	std	std	NOUN
cjfa-49835	97	65	.	.	PUNCT
cjfa-49835	97	66	dev	dev	PROPN
cjfa-49835	97	67	.	.	PUNCT
cjfa-49835	98	1	3.46	3.46	NUM
cjfa-49835	98	2	0.12	0.12	NUM
cjfa-49835	98	3	3.38	3.38	NUM
cjfa-49835	98	4	13.49	13.49	NUM
cjfa-49835	98	5	0.73	0.73	NUM
cjfa-49835	98	6	16.61	16.61	NUM
cjfa-49835	98	7	1.33	1.33	NUM
cjfa-49835	98	8	skew	skew	NOUN
cjfa-49835	98	9	1.12	1.12	NUM
cjfa-49835	98	10	-0.42	-0.42	NUM
cjfa-49835	98	11	2.05	2.05	NUM
cjfa-49835	98	12	0.44	0.44	NUM
cjfa-49835	98	13	2.45	2.45	NUM
cjfa-49835	98	14	-0.38	-0.38	NUM
cjfa-49835	98	15	0.41	0.41	NUM
cjfa-49835	98	16	kurt	kurt	NOUN
cjfa-49835	98	17	3.82	3.82	NUM
cjfa-49835	98	18	2.79	2.79	NUM
cjfa-49835	98	19	7.23	7.23	NUM
cjfa-49835	98	20	2.45	2.45	NUM
cjfa-49835	98	21	9.13	9.13	NUM
cjfa-49835	98	22	2.45	2.45	NUM
cjfa-49835	98	23	2.46	2.46	NUM
cjfa-49835	98	24	observations	observation	NOUN
cjfa-49835	98	25	4044	4044	NUM
cjfa-49835	98	26	4044	4044	NUM
cjfa-49835	98	27	4044	4044	NUM
cjfa-49835	98	28	4044	4044	NUM
cjfa-49835	98	29	4044	4044	NUM
cjfa-49835	98	30	4044	4044	NUM
cjfa-49835	98	31	4044	4044	NUM
cjfa-49835	98	32	s	s	NOUN
cjfa-49835	98	33	o	o	X
cjfa-49835	98	34	u	u	NOUN
cjfa-49835	98	35	r	r	NOUN
cjfa-49835	98	36	c	c	NOUN
cjfa-49835	98	37	e	e	NOUN
cjfa-49835	98	38	:	:	PUNCT
cjfa-49835	98	39	authors	author	NOUN
cjfa-49835	98	40	’	'	PUNCT
cjfa-49835	98	41	calculations	calculation	NOUN
cjfa-49835	98	42	.	.	PUNCT
cjfa-49835	99	1	table	table	NOUN
cjfa-49835	99	2	1	1	NUM
cjfa-49835	99	3	shows	show	VERB
cjfa-49835	99	4	that	that	SCONJ
cjfa-49835	99	5	the	the	DET
cjfa-49835	99	6	average	average	ADJ
cjfa-49835	99	7	return	return	NOUN
cjfa-49835	99	8	on	on	ADP
cjfa-49835	99	9	assets	asset	NOUN
cjfa-49835	99	10	consistency	consistency	NOUN
cjfa-49835	99	11	ratio	ratio	NOUN
cjfa-49835	99	12	(	(	PUNCT
cjfa-49835	99	13	roacr	roacr	NOUN
cjfa-49835	99	14	)	)	PUNCT
cjfa-49835	99	15	for	for	ADP
cjfa-49835	99	16	the	the	DET
cjfa-49835	99	17	sampled	sample	VERB
cjfa-49835	99	18	firms	firm	NOUN
cjfa-49835	99	19	is	be	AUX
cjfa-49835	99	20	3.93	3.93	NUM
cjfa-49835	99	21	,	,	PUNCT
cjfa-49835	99	22	with	with	ADP
cjfa-49835	99	23	a	a	DET
cjfa-49835	99	24	median	median	NOUN
cjfa-49835	99	25	of	of	ADP
cjfa-49835	99	26	3.02	3.02	NUM
cjfa-49835	99	27	.	.	PUNCT
cjfa-49835	100	1	the	the	DET
cjfa-49835	100	2	roacr	roacr	PROPN
cjfa-49835	100	3	values	value	NOUN
cjfa-49835	100	4	range	range	VERB
cjfa-49835	100	5	from	from	ADP
cjfa-49835	100	6	-0.75	-0.75	NUM
cjfa-49835	100	7	to	to	ADP
cjfa-49835	100	8	13.6	13.6	NUM
cjfa-49835	100	9	,	,	PUNCT
cjfa-49835	100	10	demonstrating	demonstrate	VERB
cjfa-49835	100	11	a	a	DET
cjfa-49835	100	12	wide	wide	ADJ
cjfa-49835	100	13	disparity	disparity	NOUN
cjfa-49835	100	14	in	in	ADP
cjfa-49835	100	15	earnings	earning	NOUN
cjfa-49835	100	16	stability	stability	NOUN
cjfa-49835	100	17	among	among	ADP
cjfa-49835	100	18	the	the	DET
cjfa-49835	100	19	firms	firm	NOUN
cjfa-49835	100	20	.	.	PUNCT
cjfa-49835	101	1	this	this	DET
cjfa-49835	101	2	variability	variability	NOUN
cjfa-49835	101	3	is	be	AUX
cjfa-49835	101	4	further	far	ADV
cjfa-49835	101	5	underscored	underscore	VERB
cjfa-49835	101	6	by	by	ADP
cjfa-49835	101	7	the	the	DET
cjfa-49835	101	8	relatively	relatively	ADV
cjfa-49835	101	9	high	high	ADJ
cjfa-49835	101	10	standard	standard	ADJ
cjfa-49835	101	11	deviation	deviation	NOUN
cjfa-49835	101	12	of	of	ADP
cjfa-49835	101	13	3.46	3.46	NUM
cjfa-49835	101	14	.	.	PUNCT
cjfa-49835	102	1	board	board	NOUN
cjfa-49835	102	2	independence	independence	NOUN
cjfa-49835	102	3	(	(	PUNCT
cjfa-49835	102	4	b.i	b.i	PROPN
cjfa-49835	102	5	.	.	PROPN
cjfa-49835	102	6	)	)	PUNCT
cjfa-49835	102	7	,	,	PUNCT
cjfa-49835	102	8	measured	measure	VERB
cjfa-49835	102	9	as	as	ADP
cjfa-49835	102	10	the	the	DET
cjfa-49835	102	11	proportion	proportion	NOUN
cjfa-49835	102	12	of	of	ADP
cjfa-49835	102	13	independent	independent	ADJ
cjfa-49835	102	14	directors	director	NOUN
cjfa-49835	102	15	on	on	ADP
cjfa-49835	102	16	a	a	DET
cjfa-49835	102	17	firm	firm	NOUN
cjfa-49835	102	18	’s	’s	PART
cjfa-49835	102	19	board	board	NOUN
cjfa-49835	102	20	,	,	PUNCT
cjfa-49835	102	21	averages	average	NOUN
cjfa-49835	102	22	at	at	ADP
cjfa-49835	102	23	0.49	0.49	NUM
cjfa-49835	102	24	.	.	PUNCT
cjfa-49835	103	1	this	this	PRON
cjfa-49835	103	2	indicates	indicate	VERB
cjfa-49835	103	3	that	that	SCONJ
cjfa-49835	103	4	,	,	PUNCT
cjfa-49835	103	5	on	on	ADP
cjfa-49835	103	6	average	average	ADJ
cjfa-49835	103	7	,	,	PUNCT
cjfa-49835	103	8	nearly	nearly	ADV
cjfa-49835	103	9	half	half	NOUN
cjfa-49835	103	10	of	of	ADP
cjfa-49835	103	11	the	the	DET
cjfa-49835	103	12	board	board	NOUN
cjfa-49835	103	13	members	member	NOUN
cjfa-49835	103	14	in	in	ADP
cjfa-49835	103	15	a	a	DET
cjfa-49835	103	16	typical	typical	ADJ
cjfa-49835	103	17	firm	firm	NOUN
cjfa-49835	103	18	are	be	AUX
cjfa-49835	103	19	independent	independent	ADJ
cjfa-49835	103	20	.	.	PUNCT
cjfa-49835	104	1	the	the	DET
cjfa-49835	104	2	independence	independence	NOUN
cjfa-49835	104	3	ratio	ratio	NOUN
cjfa-49835	104	4	spans	span	NOUN
cjfa-49835	104	5	from	from	ADP
cjfa-49835	104	6	0.23	0.23	NUM
cjfa-49835	104	7	to	to	ADP
cjfa-49835	104	8	0.69	0.69	NUM
cjfa-49835	104	9	,	,	PUNCT
cjfa-49835	104	10	with	with	ADP
cjfa-49835	104	11	a	a	DET
cjfa-49835	104	12	slight	slight	ADJ
cjfa-49835	104	13	skew	skew	NOUN
cjfa-49835	104	14	towards	towards	ADP
cjfa-49835	104	15	higher	high	ADJ
cjfa-49835	104	16	values	value	NOUN
cjfa-49835	104	17	.	.	PUNCT
cjfa-49835	105	1	board	board	NOUN
cjfa-49835	105	2	independence	independence	NOUN
cjfa-49835	105	3	and	and	CCONJ
cjfa-49835	105	4	earnings	earning	NOUN
cjfa-49835	105	5	stability	stability	NOUN
cjfa-49835	105	6	…	…	PUNCT
cjfa-49835	105	7	8181	8181	NUM
cjfa-49835	105	8	the	the	DET
cjfa-49835	105	9	asset	asset	NOUN
cjfa-49835	105	10	turnover	turnover	NOUN
cjfa-49835	105	11	ratio	ratio	NOUN
cjfa-49835	105	12	(	(	PUNCT
cjfa-49835	105	13	atr	atr	PROPN
cjfa-49835	105	14	)	)	PUNCT
cjfa-49835	105	15	,	,	PUNCT
cjfa-49835	105	16	which	which	PRON
cjfa-49835	105	17	assesses	assess	VERB
cjfa-49835	105	18	the	the	DET
cjfa-49835	105	19	efficiency	efficiency	NOUN
cjfa-49835	105	20	of	of	ADP
cjfa-49835	105	21	a	a	DET
cjfa-49835	105	22	firm	firm	NOUN
cjfa-49835	105	23	’s	’s	PART
cjfa-49835	105	24	use	use	NOUN
cjfa-49835	105	25	of	of	ADP
cjfa-49835	105	26	assets	asset	NOUN
cjfa-49835	105	27	in	in	ADP
cjfa-49835	105	28	generating	generate	VERB
cjfa-49835	105	29	revenue	revenue	NOUN
cjfa-49835	105	30	,	,	PUNCT
cjfa-49835	105	31	has	have	VERB
cjfa-49835	105	32	an	an	DET
cjfa-49835	105	33	average	average	NOUN
cjfa-49835	105	34	of	of	ADP
cjfa-49835	105	35	3.34	3.34	NUM
cjfa-49835	105	36	.	.	PUNCT
cjfa-49835	106	1	however	however	ADV
cjfa-49835	106	2	,	,	PUNCT
cjfa-49835	106	3	the	the	DET
cjfa-49835	106	4	substantial	substantial	ADJ
cjfa-49835	106	5	standard	standard	ADJ
cjfa-49835	106	6	deviation	deviation	NOUN
cjfa-49835	106	7	of	of	ADP
cjfa-49835	106	8	3.38	3.38	NUM
cjfa-49835	106	9	suggests	suggest	VERB
cjfa-49835	106	10	significant	significant	ADJ
cjfa-49835	106	11	variations	variation	NOUN
cjfa-49835	106	12	in	in	ADP
cjfa-49835	106	13	operational	operational	ADJ
cjfa-49835	106	14	efficiency	efficiency	NOUN
cjfa-49835	106	15	across	across	ADP
cjfa-49835	106	16	the	the	DET
cjfa-49835	106	17	firms	firm	NOUN
cjfa-49835	106	18	.	.	PUNCT
cjfa-49835	107	1	institutional	institutional	ADJ
cjfa-49835	107	2	ownership	ownership	NOUN
cjfa-49835	107	3	(	(	PUNCT
cjfa-49835	107	4	i.o	i.o	PROPN
cjfa-49835	107	5	.	.	PROPN
cjfa-49835	107	6	)	)	PUNCT
cjfa-49835	107	7	has	have	VERB
cjfa-49835	107	8	an	an	DET
cjfa-49835	107	9	average	average	NOUN
cjfa-49835	107	10	of	of	ADP
cjfa-49835	107	11	22.8	22.8	NUM
cjfa-49835	107	12	%	%	NOUN
cjfa-49835	107	13	,	,	PUNCT
cjfa-49835	107	14	signifying	signify	VERB
cjfa-49835	107	15	that	that	SCONJ
cjfa-49835	107	16	institutional	institutional	ADJ
cjfa-49835	107	17	investors	investor	NOUN
cjfa-49835	107	18	hold	hold	VERB
cjfa-49835	107	19	a	a	DET
cjfa-49835	107	20	considerable	considerable	ADJ
cjfa-49835	107	21	share	share	NOUN
cjfa-49835	107	22	of	of	ADP
cjfa-49835	107	23	the	the	DET
cjfa-49835	107	24	equity	equity	NOUN
cjfa-49835	107	25	in	in	ADP
cjfa-49835	107	26	these	these	DET
cjfa-49835	107	27	firms	firm	NOUN
cjfa-49835	107	28	.	.	PUNCT
cjfa-49835	108	1	the	the	DET
cjfa-49835	108	2	debt	debt	NOUN
cjfa-49835	108	3	-	-	PUNCT
cjfa-49835	108	4	to	to	ADP
cjfa-49835	108	5	-	-	PUNCT
cjfa-49835	108	6	equity	equity	NOUN
cjfa-49835	108	7	ratio	ratio	NOUN
cjfa-49835	108	8	(	(	PUNCT
cjfa-49835	108	9	d	d	NOUN
cjfa-49835	108	10	/	/	SYM
cjfa-49835	108	11	e	e	NOUN
cjfa-49835	108	12	)	)	PUNCT
cjfa-49835	108	13	,	,	PUNCT
cjfa-49835	108	14	indicative	indicative	ADJ
cjfa-49835	108	15	of	of	ADP
cjfa-49835	108	16	a	a	DET
cjfa-49835	108	17	firm	firm	NOUN
cjfa-49835	108	18	’s	’s	PART
cjfa-49835	108	19	financial	financial	ADJ
cjfa-49835	108	20	leverage	leverage	NOUN
cjfa-49835	108	21	,	,	PUNCT
cjfa-49835	108	22	averages	average	NOUN
cjfa-49835	108	23	at	at	ADP
cjfa-49835	108	24	0.48	0.48	NUM
cjfa-49835	108	25	.	.	PUNCT
cjfa-49835	109	1	its	its	PRON
cjfa-49835	109	2	high	high	ADJ
cjfa-49835	109	3	standard	standard	ADJ
cjfa-49835	109	4	deviation	deviation	NOUN
cjfa-49835	109	5	of	of	ADP
cjfa-49835	109	6	0.73	0.73	NUM
cjfa-49835	109	7	and	and	CCONJ
cjfa-49835	109	8	a	a	DET
cjfa-49835	109	9	skewness	skewness	NOUN
cjfa-49835	109	10	of	of	ADP
cjfa-49835	109	11	2.45	2.45	NUM
cjfa-49835	109	12	point	point	NOUN
cjfa-49835	109	13	to	to	ADP
cjfa-49835	109	14	a	a	DET
cjfa-49835	109	15	pronounced	pronounce	VERB
cjfa-49835	109	16	variation	variation	NOUN
cjfa-49835	109	17	and	and	CCONJ
cjfa-49835	109	18	a	a	DET
cjfa-49835	109	19	tendency	tendency	NOUN
cjfa-49835	109	20	towards	towards	ADP
cjfa-49835	109	21	firms	firm	NOUN
cjfa-49835	109	22	with	with	ADP
cjfa-49835	109	23	lower	low	ADJ
cjfa-49835	109	24	leverage	leverage	NOUN
cjfa-49835	109	25	.	.	PUNCT
cjfa-49835	110	1	promoter	promoter	NOUN
cjfa-49835	110	2	holdings	holding	NOUN
cjfa-49835	110	3	(	(	PUNCT
cjfa-49835	110	4	p.o	p.o	PROPN
cjfa-49835	110	5	.	.	PUNCT
cjfa-49835	110	6	)	)	PUNCT
cjfa-49835	110	7	average	average	ADJ
cjfa-49835	110	8	at	at	ADP
cjfa-49835	110	9	56.7	56.7	NUM
cjfa-49835	110	10	%	%	NOUN
cjfa-49835	110	11	,	,	PUNCT
cjfa-49835	110	12	showing	show	VERB
cjfa-49835	110	13	that	that	SCONJ
cjfa-49835	110	14	promoters	promoter	NOUN
cjfa-49835	110	15	usually	usually	ADV
cjfa-49835	110	16	maintain	maintain	VERB
cjfa-49835	110	17	a	a	DET
cjfa-49835	110	18	majority	majority	NOUN
cjfa-49835	110	19	stake	stake	NOUN
cjfa-49835	110	20	in	in	ADP
cjfa-49835	110	21	these	these	DET
cjfa-49835	110	22	firms	firm	NOUN
cjfa-49835	110	23	.	.	PUNCT
cjfa-49835	111	1	lastly	lastly	ADV
cjfa-49835	111	2	,	,	PUNCT
cjfa-49835	111	3	the	the	DET
cjfa-49835	111	4	average	average	ADJ
cjfa-49835	111	5	firm	firm	ADJ
cjfa-49835	111	6	size	size	NOUN
cjfa-49835	111	7	(	(	PUNCT
cjfa-49835	111	8	size	size	NOUN
cjfa-49835	111	9	)	)	PUNCT
cjfa-49835	111	10	in	in	ADP
cjfa-49835	111	11	the	the	DET
cjfa-49835	111	12	sample	sample	NOUN
cjfa-49835	111	13	is	be	AUX
cjfa-49835	111	14	10.85	10.85	NUM
cjfa-49835	111	15	,	,	PUNCT
cjfa-49835	111	16	with	with	ADP
cjfa-49835	111	17	a	a	DET
cjfa-49835	111	18	relatively	relatively	ADV
cjfa-49835	111	19	narrow	narrow	ADJ
cjfa-49835	111	20	standard	standard	ADJ
cjfa-49835	111	21	deviation	deviation	NOUN
cjfa-49835	111	22	of	of	ADP
cjfa-49835	111	23	1.33	1.33	NUM
cjfa-49835	111	24	,	,	PUNCT
cjfa-49835	111	25	indicating	indicate	VERB
cjfa-49835	111	26	a	a	DET
cjfa-49835	111	27	relatively	relatively	ADV
cjfa-49835	111	28	consistent	consistent	ADJ
cjfa-49835	111	29	firm	firm	ADJ
cjfa-49835	111	30	size	size	NOUN
cjfa-49835	111	31	across	across	ADP
cjfa-49835	111	32	the	the	DET
cjfa-49835	111	33	sample	sample	NOUN
cjfa-49835	111	34	.	.	PUNCT
cjfa-49835	112	1	table	table	NOUN
cjfa-49835	112	2	2	2	NUM
cjfa-49835	112	3	.	.	PUNCT
cjfa-49835	112	4	correlation	correlation	NOUN
cjfa-49835	112	5	analysis	analysis	NOUN
cjfa-49835	112	6	roacr	roacr	ADJ
cjfa-49835	112	7	bi	bi	PROPN
cjfa-49835	112	8	atr	atr	NOUN
cjfa-49835	112	9	io	io	PROPN
cjfa-49835	112	10	d	d	PROPN
cjfa-49835	112	11	/	/	SYM
cjfa-49835	112	12	e	e	X
cjfa-49835	112	13	po	po	NOUN
cjfa-49835	112	14	size	size	NOUN
cjfa-49835	112	15	roacr	roacr	NOUN
cjfa-49835	112	16	1	1	NUM
cjfa-49835	112	17	bi	bi	NOUN
cjfa-49835	112	18	0.022	0.022	NUM
cjfa-49835	112	19	1	1	NUM
cjfa-49835	112	20	atr	atr	NOUN
cjfa-49835	112	21	0.047	0.047	NUM
cjfa-49835	112	22	*	*	NOUN
cjfa-49835	112	23	*	*	PUNCT
cjfa-49835	112	24	*	*	PUNCT
cjfa-49835	112	25	-0.100	-0.100	PUNCT
cjfa-49835	112	26	*	*	PUNCT
cjfa-49835	112	27	*	*	PUNCT
cjfa-49835	112	28	*	*	PUNCT
cjfa-49835	112	29	1	1	NUM
cjfa-49835	112	30	io	io	NOUN
cjfa-49835	112	31	0.173	0.173	NUM
cjfa-49835	112	32	*	*	PUNCT
cjfa-49835	112	33	*	*	PUNCT
cjfa-49835	112	34	*	*	PUNCT
cjfa-49835	112	35	0.133	0.133	NUM
cjfa-49835	112	36	*	*	PUNCT
cjfa-49835	112	37	*	*	PUNCT
cjfa-49835	112	38	*	*	PUNCT
cjfa-49835	112	39	-0.031	-0.031	NOUN
cjfa-49835	112	40	*	*	PUNCT
cjfa-49835	112	41	*	*	PROPN
cjfa-49835	112	42	1	1	NUM
cjfa-49835	112	43	d	d	NOUN
cjfa-49835	112	44	/	/	SYM
cjfa-49835	112	45	e	e	NOUN
cjfa-49835	112	46	-0.211	-0.211	NOUN
cjfa-49835	112	47	*	*	PUNCT
cjfa-49835	112	48	*	*	PUNCT
cjfa-49835	112	49	*	*	PUNCT
cjfa-49835	112	50	-0.034	-0.034	ADJ
cjfa-49835	112	51	*	*	PUNCT
cjfa-49835	112	52	*	*	PUNCT
cjfa-49835	112	53	-0.154	-0.154	PUNCT
cjfa-49835	112	54	*	*	PUNCT
cjfa-49835	112	55	*	*	PUNCT
cjfa-49835	112	56	*	*	PUNCT
cjfa-49835	112	57	-0.069	-0.069	PUNCT
cjfa-49835	112	58	*	*	PUNCT
cjfa-49835	112	59	*	*	PUNCT
cjfa-49835	112	60	*	*	PUNCT
cjfa-49835	112	61	1	1	NUM
cjfa-49835	112	62	po	po	NOUN
cjfa-49835	112	63	0.005	0.005	NUM
cjfa-49835	112	64	-0.239	-0.239	PUNCT
cjfa-49835	112	65	*	*	PUNCT
cjfa-49835	112	66	*	*	PUNCT
cjfa-49835	112	67	*	*	PUNCT
cjfa-49835	112	68	0.076	0.076	NUM
cjfa-49835	112	69	*	*	PUNCT
cjfa-49835	112	70	*	*	PUNCT
cjfa-49835	112	71	*	*	PUNCT
cjfa-49835	112	72	-0.654	-0.654	PUNCT
cjfa-49835	112	73	*	*	PUNCT
cjfa-49835	112	74	*	*	PUNCT
cjfa-49835	112	75	*	*	NOUN
cjfa-49835	112	76	0.005	0.005	NUM
cjfa-49835	112	77	1	1	NUM
cjfa-49835	112	78	size	size	NOUN
cjfa-49835	112	79	0.093	0.093	NUM
cjfa-49835	112	80	*	*	PUNCT
cjfa-49835	112	81	*	*	PUNCT
cjfa-49835	112	82	*	*	PUNCT
cjfa-49835	112	83	-0.087	-0.087	PUNCT
cjfa-49835	112	84	*	*	PUNCT
cjfa-49835	112	85	*	*	PUNCT
cjfa-49835	112	86	*	*	PUNCT
cjfa-49835	112	87	-0.156	-0.156	PUNCT
cjfa-49835	112	88	*	*	PUNCT
cjfa-49835	112	89	*	*	PUNCT
cjfa-49835	112	90	*	*	PUNCT
cjfa-49835	112	91	0.347	0.347	NUM
cjfa-49835	112	92	*	*	PUNCT
cjfa-49835	112	93	*	*	PUNCT
cjfa-49835	112	94	*	*	PUNCT
cjfa-49835	112	95	0.286	0.286	NUM
cjfa-49835	112	96	*	*	PUNCT
cjfa-49835	112	97	*	*	PUNCT
cjfa-49835	112	98	*	*	PUNCT
cjfa-49835	112	99	-0.046	-0.046	PUNCT
cjfa-49835	112	100	*	*	PUNCT
cjfa-49835	112	101	*	*	PUNCT
cjfa-49835	112	102	*	*	PUNCT
cjfa-49835	112	103	1	1	NUM
cjfa-49835	112	104	n	n	NUM
cjfa-49835	112	105	o	o	NOUN
cjfa-49835	112	106	t	t	NOUN
cjfa-49835	112	107	e	e	NOUN
cjfa-49835	112	108	:	:	PUNCT
cjfa-49835	112	109	the	the	DET
cjfa-49835	112	110	stars	star	NOUN
cjfa-49835	112	111	(	(	PUNCT
cjfa-49835	112	112	*	*	PUNCT
cjfa-49835	112	113	)	)	PUNCT
cjfa-49835	112	114	represent	represent	VERB
cjfa-49835	112	115	the	the	DET
cjfa-49835	112	116	level	level	NOUN
cjfa-49835	112	117	of	of	ADP
cjfa-49835	112	118	significance	significance	NOUN
cjfa-49835	112	119	:	:	PUNCT
cjfa-49835	112	120	*	*	PUNCT
cjfa-49835	112	121	signifies	signify	VERB
cjfa-49835	112	122	the	the	DET
cjfa-49835	112	123	10	10	NUM
cjfa-49835	112	124	%	%	NOUN
cjfa-49835	112	125	level	level	NOUN
cjfa-49835	112	126	,	,	PUNCT
cjfa-49835	112	127	*	*	PUNCT
cjfa-49835	112	128	*	*	VERB
cjfa-49835	112	129	signifies	signify	VERB
cjfa-49835	112	130	the	the	DET
cjfa-49835	112	131	5	5	NUM
cjfa-49835	112	132	%	%	NOUN
cjfa-49835	112	133	level	level	NOUN
cjfa-49835	112	134	,	,	PUNCT
cjfa-49835	112	135	and	and	CCONJ
cjfa-49835	113	1	*	*	PUNCT
cjfa-49835	113	2	*	*	NOUN
cjfa-49835	113	3	*	*	VERB
cjfa-49835	113	4	signifies	signify	VERB
cjfa-49835	113	5	the	the	DET
cjfa-49835	113	6	1	1	NUM
cjfa-49835	113	7	%	%	NOUN
cjfa-49835	113	8	significance	significance	NOUN
cjfa-49835	113	9	level	level	NOUN
cjfa-49835	113	10	.	.	PUNCT
cjfa-49835	114	1	s	s	PART
cjfa-49835	114	2	o	o	X
cjfa-49835	114	3	u	u	NOUN
cjfa-49835	114	4	r	r	NOUN
cjfa-49835	114	5	c	c	NOUN
cjfa-49835	114	6	e	e	NOUN
cjfa-49835	114	7	:	:	PUNCT
cjfa-49835	114	8	authors	author	NOUN
cjfa-49835	114	9	’	'	PUNCT
cjfa-49835	114	10	calculations	calculation	NOUN
cjfa-49835	114	11	.	.	PUNCT
cjfa-49835	115	1	table	table	NOUN
cjfa-49835	115	2	2	2	NUM
cjfa-49835	115	3	presents	present	VERB
cjfa-49835	115	4	the	the	DET
cjfa-49835	115	5	correlation	correlation	NOUN
cjfa-49835	115	6	analysis	analysis	NOUN
cjfa-49835	115	7	of	of	ADP
cjfa-49835	115	8	the	the	DET
cjfa-49835	115	9	roacr	roacr	ADJ
cjfa-49835	115	10	variable	variable	NOUN
cjfa-49835	115	11	,	,	PUNCT
cjfa-49835	115	12	which	which	PRON
cjfa-49835	115	13	exhibits	exhibit	VERB
cjfa-49835	115	14	a	a	DET
cjfa-49835	115	15	significant	significant	ADJ
cjfa-49835	115	16	positive	positive	ADJ
cjfa-49835	115	17	correlation	correlation	NOUN
cjfa-49835	115	18	with	with	ADP
cjfa-49835	115	19	both	both	CCONJ
cjfa-49835	115	20	the	the	DET
cjfa-49835	115	21	asset	asset	NOUN
cjfa-49835	115	22	turnover	turnover	NOUN
cjfa-49835	115	23	ratio	ratio	NOUN
cjfa-49835	115	24	(	(	PUNCT
cjfa-49835	115	25	atr	atr	PROPN
cjfa-49835	115	26	)	)	PUNCT
cjfa-49835	115	27	and	and	CCONJ
cjfa-49835	115	28	institutional	institutional	ADJ
cjfa-49835	115	29	ownership	ownership	NOUN
cjfa-49835	115	30	(	(	PUNCT
cjfa-49835	115	31	i.o	i.o	PROPN
cjfa-49835	115	32	.	.	PROPN
cjfa-49835	115	33	)	)	PUNCT
cjfa-49835	115	34	at	at	ADP
cjfa-49835	115	35	the	the	DET
cjfa-49835	115	36	1	1	NUM
cjfa-49835	115	37	%	%	NOUN
cjfa-49835	115	38	significance	significance	NOUN
cjfa-49835	115	39	level	level	NOUN
cjfa-49835	115	40	.	.	PUNCT
cjfa-49835	116	1	conversely	conversely	ADV
cjfa-49835	116	2	,	,	PUNCT
cjfa-49835	116	3	it	it	PRON
cjfa-49835	116	4	shows	show	VERB
cjfa-49835	116	5	a	a	DET
cjfa-49835	116	6	significant	significant	ADJ
cjfa-49835	116	7	negative	negative	ADJ
cjfa-49835	116	8	correlation	correlation	NOUN
cjfa-49835	116	9	with	with	ADP
cjfa-49835	116	10	the	the	DET
cjfa-49835	116	11	debt	debt	NOUN
cjfa-49835	116	12	-	-	PUNCT
cjfa-49835	116	13	to	to	ADP
cjfa-49835	116	14	-	-	PUNCT
cjfa-49835	116	15	equity	equity	NOUN
cjfa-49835	116	16	ratio	ratio	NOUN
cjfa-49835	116	17	(	(	PUNCT
cjfa-49835	116	18	d	d	NOUN
cjfa-49835	116	19	/	/	SYM
cjfa-49835	116	20	e	e	NOUN
cjfa-49835	116	21	)	)	PUNCT
cjfa-49835	116	22	at	at	ADP
cjfa-49835	116	23	the	the	DET
cjfa-49835	116	24	same	same	ADJ
cjfa-49835	116	25	level	level	NOUN
cjfa-49835	116	26	of	of	ADP
cjfa-49835	116	27	significance	significance	NOUN
cjfa-49835	116	28	.	.	PUNCT
cjfa-49835	117	1	this	this	PRON
cjfa-49835	117	2	implies	imply	VERB
cjfa-49835	117	3	that	that	SCONJ
cjfa-49835	117	4	increases	increase	VERB
cjfa-49835	117	5	in	in	ADP
cjfa-49835	117	6	atr	atr	PROPN
cjfa-49835	117	7	and	and	CCONJ
cjfa-49835	117	8	i.o	i.o	PROPN
cjfa-49835	117	9	.	.	PROPN
cjfa-49835	117	10	are	be	AUX
cjfa-49835	117	11	associated	associate	VERB
cjfa-49835	117	12	with	with	ADP
cjfa-49835	117	13	enhancements	enhancement	NOUN
cjfa-49835	117	14	in	in	ADP
cjfa-49835	117	15	roacr	roacr	NOUN
cjfa-49835	117	16	,	,	PUNCT
cjfa-49835	117	17	whereas	whereas	SCONJ
cjfa-49835	117	18	an	an	DET
cjfa-49835	117	19	increase	increase	NOUN
cjfa-49835	117	20	in	in	ADP
cjfa-49835	117	21	d	d	PROPN
cjfa-49835	117	22	/	/	SYM
cjfa-49835	117	23	e	e	NOUN
cjfa-49835	117	24	typically	typically	ADV
cjfa-49835	117	25	leads	lead	VERB
cjfa-49835	117	26	to	to	ADP
cjfa-49835	117	27	a	a	DET
cjfa-49835	117	28	reduction	reduction	NOUN
cjfa-49835	117	29	in	in	ADP
cjfa-49835	117	30	roacr	roacr	NOUN
cjfa-49835	117	31	.	.	PUNCT
cjfa-49835	118	1	board	board	NOUN
cjfa-49835	118	2	independence	independence	NOUN
cjfa-49835	118	3	(	(	PUNCT
cjfa-49835	118	4	b.i	b.i	PROPN
cjfa-49835	118	5	.	.	PROPN
cjfa-49835	118	6	)	)	PUNCT
cjfa-49835	118	7	is	be	AUX
cjfa-49835	118	8	inversely	inversely	ADV
cjfa-49835	118	9	srikanth	srikanth	ADJ
cjfa-49835	118	10	potharla	potharla	NOUN
cjfa-49835	118	11	,	,	PUNCT
cjfa-49835	118	12	suman	suman	NOUN
cjfa-49835	118	13	kolpula8282	kolpula8282	PROPN
cjfa-49835	118	14	correlated	correlate	VERB
cjfa-49835	118	15	with	with	ADP
cjfa-49835	118	16	atr	atr	NOUN
cjfa-49835	118	17	at	at	ADP
cjfa-49835	118	18	the	the	DET
cjfa-49835	118	19	1	1	NUM
cjfa-49835	118	20	%	%	NOUN
cjfa-49835	118	21	significance	significance	NOUN
cjfa-49835	118	22	level	level	NOUN
cjfa-49835	118	23	,	,	PUNCT
cjfa-49835	118	24	suggesting	suggest	VERB
cjfa-49835	118	25	that	that	SCONJ
cjfa-49835	118	26	an	an	DET
cjfa-49835	118	27	increase	increase	NOUN
cjfa-49835	118	28	in	in	ADP
cjfa-49835	118	29	atr	atr	NOUN
cjfa-49835	118	30	is	be	AUX
cjfa-49835	118	31	generally	generally	ADV
cjfa-49835	118	32	associated	associate	VERB
cjfa-49835	118	33	with	with	ADP
cjfa-49835	118	34	a	a	DET
cjfa-49835	118	35	decrease	decrease	NOUN
cjfa-49835	118	36	in	in	ADP
cjfa-49835	118	37	b.i	b.i	PROPN
cjfa-49835	118	38	.	.	PROPN
cjfa-49835	118	39	,	,	PUNCT
cjfa-49835	118	40	and	and	CCONJ
cjfa-49835	118	41	vice	vice	ADV
cjfa-49835	118	42	versa	versa	ADV
cjfa-49835	118	43	.	.	PUNCT
cjfa-49835	119	1	in	in	ADP
cjfa-49835	119	2	contrast	contrast	NOUN
cjfa-49835	119	3	,	,	PUNCT
cjfa-49835	119	4	b.i	b.i	PROPN
cjfa-49835	119	5	.	.	PROPN
cjfa-49835	119	6	has	have	VERB
cjfa-49835	119	7	a	a	DET
cjfa-49835	119	8	direct	direct	ADJ
cjfa-49835	119	9	,	,	PUNCT
cjfa-49835	119	10	significant	significant	ADJ
cjfa-49835	119	11	correlation	correlation	NOUN
cjfa-49835	119	12	with	with	ADP
cjfa-49835	119	13	i.o	i.o	PROPN
cjfa-49835	119	14	.	.	PROPN
cjfa-49835	119	15	at	at	ADP
cjfa-49835	119	16	the	the	DET
cjfa-49835	119	17	1	1	NUM
cjfa-49835	119	18	%	%	NOUN
cjfa-49835	119	19	level	level	NOUN
cjfa-49835	119	20	,	,	PUNCT
cjfa-49835	119	21	indicating	indicate	VERB
cjfa-49835	119	22	that	that	SCONJ
cjfa-49835	119	23	an	an	DET
cjfa-49835	119	24	increase	increase	NOUN
cjfa-49835	119	25	in	in	ADP
cjfa-49835	119	26	i.o	i.o	PROPN
cjfa-49835	119	27	.	.	PROPN
cjfa-49835	119	28	is	be	AUX
cjfa-49835	119	29	typically	typically	ADV
cjfa-49835	119	30	linked	link	VERB
cjfa-49835	119	31	with	with	ADP
cjfa-49835	119	32	an	an	DET
cjfa-49835	119	33	increase	increase	NOUN
cjfa-49835	119	34	in	in	ADP
cjfa-49835	119	35	b.i	b.i	PROPN
cjfa-49835	119	36	.	.	PROPN
cjfa-49835	120	1	furthermore	furthermore	ADV
cjfa-49835	120	2	,	,	PUNCT
cjfa-49835	120	3	atr	atr	PROPN
cjfa-49835	120	4	shows	show	VERB
cjfa-49835	120	5	a	a	DET
cjfa-49835	120	6	significant	significant	ADJ
cjfa-49835	120	7	negative	negative	ADJ
cjfa-49835	120	8	correlation	correlation	NOUN
cjfa-49835	120	9	with	with	ADP
cjfa-49835	120	10	both	both	CCONJ
cjfa-49835	120	11	d	d	PROPN
cjfa-49835	120	12	/	/	SYM
cjfa-49835	120	13	e	e	NOUN
cjfa-49835	120	14	and	and	CCONJ
cjfa-49835	120	15	firm	firm	ADJ
cjfa-49835	120	16	size	size	NOUN
cjfa-49835	120	17	(	(	PUNCT
cjfa-49835	120	18	size	size	NOUN
cjfa-49835	120	19	)	)	PUNCT
cjfa-49835	120	20	at	at	ADP
cjfa-49835	120	21	the	the	DET
cjfa-49835	120	22	1	1	NUM
cjfa-49835	120	23	%	%	NOUN
cjfa-49835	120	24	level	level	NOUN
cjfa-49835	120	25	.	.	PUNCT
cjfa-49835	121	1	this	this	PRON
cjfa-49835	121	2	indicates	indicate	VERB
cjfa-49835	121	3	that	that	SCONJ
cjfa-49835	121	4	companies	company	NOUN
cjfa-49835	121	5	with	with	ADP
cjfa-49835	121	6	larger	large	ADJ
cjfa-49835	121	7	sizes	size	NOUN
cjfa-49835	121	8	and	and	CCONJ
cjfa-49835	121	9	higher	high	ADJ
cjfa-49835	121	10	debt	debt	NOUN
cjfa-49835	121	11	levels	level	NOUN
cjfa-49835	121	12	tend	tend	VERB
cjfa-49835	121	13	to	to	PART
cjfa-49835	121	14	have	have	VERB
cjfa-49835	121	15	lower	low	ADJ
cjfa-49835	121	16	asset	asset	NOUN
cjfa-49835	121	17	turnover	turnover	NOUN
cjfa-49835	121	18	ratios	ratio	NOUN
cjfa-49835	121	19	.	.	PUNCT
cjfa-49835	122	1	in	in	ADP
cjfa-49835	122	2	comparison	comparison	NOUN
cjfa-49835	122	3	,	,	PUNCT
cjfa-49835	122	4	businesses	business	NOUN
cjfa-49835	122	5	exhibiting	exhibit	VERB
cjfa-49835	122	6	faster	fast	ADJ
cjfa-49835	122	7	growth	growth	NOUN
cjfa-49835	122	8	often	often	ADV
cjfa-49835	122	9	demonstrate	demonstrate	VERB
cjfa-49835	122	10	wider	wider	ADV
cjfa-49835	122	11	atrs	atrs	ADJ
cjfa-49835	122	12	.	.	PUNCT
cjfa-49835	123	1	institutional	institutional	ADJ
cjfa-49835	123	2	ownership	ownership	NOUN
cjfa-49835	123	3	(	(	PUNCT
cjfa-49835	123	4	i.o	i.o	PROPN
cjfa-49835	123	5	.	.	PROPN
cjfa-49835	123	6	)	)	PUNCT
cjfa-49835	123	7	is	be	AUX
cjfa-49835	123	8	negatively	negatively	ADV
cjfa-49835	123	9	correlated	correlate	VERB
cjfa-49835	123	10	with	with	ADP
cjfa-49835	123	11	promoter	promoter	NOUN
cjfa-49835	123	12	ownership	ownership	NOUN
cjfa-49835	123	13	(	(	PUNCT
cjfa-49835	123	14	p.o	p.o	PROPN
cjfa-49835	123	15	.	.	PROPN
cjfa-49835	123	16	)	)	PUNCT
cjfa-49835	124	1	and	and	CCONJ
cjfa-49835	124	2	d	d	X
cjfa-49835	124	3	/	/	SYM
cjfa-49835	124	4	e	e	NOUN
cjfa-49835	124	5	,	,	PUNCT
cjfa-49835	124	6	while	while	SCONJ
cjfa-49835	124	7	it	it	PRON
cjfa-49835	124	8	is	be	AUX
cjfa-49835	124	9	positively	positively	ADV
cjfa-49835	124	10	correlated	correlate	VERB
cjfa-49835	124	11	with	with	ADP
cjfa-49835	124	12	size	size	NOUN
cjfa-49835	124	13	.	.	PUNCT
cjfa-49835	125	1	this	this	PRON
cjfa-49835	125	2	suggests	suggest	VERB
cjfa-49835	125	3	that	that	SCONJ
cjfa-49835	125	4	larger	large	ADJ
cjfa-49835	125	5	companies	company	NOUN
cjfa-49835	125	6	tend	tend	VERB
cjfa-49835	125	7	to	to	PART
cjfa-49835	125	8	have	have	VERB
cjfa-49835	125	9	greater	great	ADJ
cjfa-49835	125	10	institutional	institutional	ADJ
cjfa-49835	125	11	ownership	ownership	NOUN
cjfa-49835	125	12	.	.	PUNCT
cjfa-49835	126	1	the	the	DET
cjfa-49835	126	2	d	d	NOUN
cjfa-49835	126	3	/	/	SYM
cjfa-49835	126	4	e	e	NOUN
cjfa-49835	126	5	ratio	ratio	NOUN
cjfa-49835	126	6	displays	display	VERB
cjfa-49835	126	7	a	a	DET
cjfa-49835	126	8	significant	significant	ADJ
cjfa-49835	126	9	positive	positive	ADJ
cjfa-49835	126	10	correlation	correlation	NOUN
cjfa-49835	126	11	with	with	ADP
cjfa-49835	126	12	size	size	NOUN
cjfa-49835	126	13	at	at	ADP
cjfa-49835	126	14	the	the	DET
cjfa-49835	126	15	1	1	NUM
cjfa-49835	126	16	%	%	NOUN
cjfa-49835	126	17	level	level	NOUN
cjfa-49835	126	18	,	,	PUNCT
cjfa-49835	126	19	implying	imply	VERB
cjfa-49835	126	20	that	that	SCONJ
cjfa-49835	126	21	larger	large	ADJ
cjfa-49835	126	22	companies	company	NOUN
cjfa-49835	126	23	typically	typically	ADV
cjfa-49835	126	24	have	have	VERB
cjfa-49835	126	25	higher	high	ADJ
cjfa-49835	126	26	debt	debt	NOUN
cjfa-49835	126	27	levels	level	NOUN
cjfa-49835	126	28	.	.	PUNCT
cjfa-49835	127	1	lastly	lastly	ADV
cjfa-49835	127	2	,	,	PUNCT
cjfa-49835	127	3	size	size	NOUN
cjfa-49835	127	4	is	be	AUX
cjfa-49835	127	5	inversely	inversely	ADV
cjfa-49835	127	6	related	relate	VERB
cjfa-49835	127	7	to	to	PART
cjfa-49835	127	8	promoter	promoter	VERB
cjfa-49835	127	9	ownership	ownership	NOUN
cjfa-49835	127	10	(	(	PUNCT
cjfa-49835	127	11	p.o	p.o	PROPN
cjfa-49835	127	12	.	.	PROPN
cjfa-49835	127	13	)	)	PUNCT
cjfa-49835	127	14	at	at	ADP
cjfa-49835	127	15	the	the	DET
cjfa-49835	127	16	1	1	NUM
cjfa-49835	127	17	%	%	NOUN
cjfa-49835	127	18	significance	significance	NOUN
cjfa-49835	127	19	level	level	NOUN
cjfa-49835	127	20	,	,	PUNCT
cjfa-49835	127	21	suggesting	suggest	VERB
cjfa-49835	127	22	that	that	SCONJ
cjfa-49835	127	23	larger	large	ADJ
cjfa-49835	127	24	firms	firm	NOUN
cjfa-49835	127	25	generally	generally	ADV
cjfa-49835	127	26	have	have	VERB
cjfa-49835	127	27	lower	low	ADJ
cjfa-49835	127	28	promoter	promoter	NOUN
cjfa-49835	127	29	holdings	holding	NOUN
cjfa-49835	127	30	.	.	PUNCT
cjfa-49835	128	1	regression	regression	NOUN
cjfa-49835	128	2	analysisregression	analysisregression	NOUN
cjfa-49835	128	3	analysis	analysis	NOUN
cjfa-49835	128	4	table	table	NOUN
cjfa-49835	128	5	3	3	NUM
cjfa-49835	128	6	.	.	PUNCT
cjfa-49835	128	7	impact	impact	NOUN
cjfa-49835	128	8	of	of	ADP
cjfa-49835	128	9	board	board	NOUN
cjfa-49835	128	10	independence	independence	NOUN
cjfa-49835	128	11	and	and	CCONJ
cjfa-49835	128	12	firm	firm	ADJ
cjfa-49835	128	13	metrics	metric	NOUN
cjfa-49835	128	14	on	on	ADP
cjfa-49835	128	15	earnings	earning	NOUN
cjfa-49835	128	16	stability	stability	NOUN
cjfa-49835	128	17	variable	variable	ADJ
cjfa-49835	128	18	parameter	parameter	NOUN
cjfa-49835	128	19	estimate	estimate	VERB
cjfa-49835	128	20	standard	standard	ADJ
cjfa-49835	128	21	error	error	NOUN
cjfa-49835	128	22	t	t	NOUN
cjfa-49835	128	23	value	value	NOUN
cjfa-49835	128	24	pr	pr	X
cjfa-49835	128	25	>	>	X
cjfa-49835	128	26	|t|	|t|	VERB
cjfa-49835	128	27	standardized	standardized	ADJ
cjfa-49835	128	28	estimate	estimate	NOUN
cjfa-49835	128	29	intercept	intercept	NOUN
cjfa-49835	128	30	-3.972	-3.972	PROPN
cjfa-49835	128	31	0.840	0.840	NUM
cjfa-49835	128	32	-4.730	-4.730	NOUN
cjfa-49835	128	33	<	<	X
cjfa-49835	128	34	.0001	.0001	X
cjfa-49835	128	35	---bi	---bi	PUNCT
cjfa-49835	128	36	6.168	6.168	NUM
cjfa-49835	128	37	2.741	2.741	NUM
cjfa-49835	128	38	2.250	2.250	NUM
cjfa-49835	128	39	0.025	0.025	NUM
cjfa-49835	128	40	0.212	0.212	NUM
cjfa-49835	128	41	bi^2	bi^2	NOUN
cjfa-49835	128	42	-6.266	-6.266	NOUN
cjfa-49835	128	43	2.914	2.914	NUM
cjfa-49835	128	44	-2.150	-2.150	NOUN
cjfa-49835	128	45	0.032	0.032	NUM
cjfa-49835	128	46	-0.203	-0.203	PUNCT
cjfa-49835	128	47	atr	atr	PROPN
cjfa-49835	128	48	0.000	0.000	NUM
cjfa-49835	128	49	0.017	0.017	NUM
cjfa-49835	128	50	-0.020	-0.020	NUM
cjfa-49835	128	51	0.983	0.983	NUM
cjfa-49835	128	52	0.000	0.000	NUM
cjfa-49835	128	53	io	io	NOUN
cjfa-49835	128	54	0.067	0.067	NUM
cjfa-49835	128	55	0.006	0.006	NUM
cjfa-49835	128	56	11.510	11.510	NUM
cjfa-49835	128	57	<	<	X
cjfa-49835	128	58	.0001	.0001	X
cjfa-49835	128	59	0.262	0.262	NUM
cjfa-49835	128	60	d	d	NOUN
cjfa-49835	128	61	/	/	SYM
cjfa-49835	128	62	e	e	NOUN
cjfa-49835	128	63	ratio	ratio	NOUN
cjfa-49835	128	64	-0.850	-0.850	PRON
cjfa-49835	128	65	0.078	0.078	NUM
cjfa-49835	128	66	-10.920	-10.920	PROPN
cjfa-49835	128	67	<	<	X
cjfa-49835	128	68	.0001	.0001	X
cjfa-49835	128	69	-0.182	-0.182	X
cjfa-49835	128	70	po	po	NOUN
cjfa-49835	128	71	0.041	0.041	NUM
cjfa-49835	128	72	0.004	0.004	NUM
cjfa-49835	128	73	9.510	9.510	NUM
cjfa-49835	128	74	<	<	X
cjfa-49835	128	75	.0001	.0001	PROPN
cjfa-49835	128	76	0.200	0.200	NUM
cjfa-49835	128	77	size	size	NOUN
cjfa-49835	128	78	0.255	0.255	NUM
cjfa-49835	128	79	0.049	0.049	NUM
cjfa-49835	128	80	5.210	5.210	NUM
cjfa-49835	128	81	<	<	X
cjfa-49835	128	82	.0001	.0001	PROPN
cjfa-49835	128	83	0.101	0.101	NUM
cjfa-49835	128	84	s	s	NOUN
cjfa-49835	128	85	o	o	X
cjfa-49835	128	86	u	u	NOUN
cjfa-49835	128	87	r	r	NOUN
cjfa-49835	128	88	c	c	NOUN
cjfa-49835	128	89	e	e	NOUN
cjfa-49835	128	90	:	:	PUNCT
cjfa-49835	128	91	authors	author	NOUN
cjfa-49835	128	92	’	'	PUNCT
cjfa-49835	128	93	calculations	calculation	NOUN
cjfa-49835	128	94	.	.	PUNCT
cjfa-49835	129	1	board	board	NOUN
cjfa-49835	129	2	independence	independence	NOUN
cjfa-49835	129	3	and	and	CCONJ
cjfa-49835	129	4	earnings	earning	NOUN
cjfa-49835	129	5	stability	stability	NOUN
cjfa-49835	129	6	…	…	PUNCT
cjfa-49835	129	7	8383	8383	NUM
cjfa-49835	129	8	table	table	NOUN
cjfa-49835	129	9	3	3	NUM
cjfa-49835	129	10	reveals	reveal	VERB
cjfa-49835	129	11	that	that	SCONJ
cjfa-49835	129	12	the	the	DET
cjfa-49835	129	13	coefficient	coefficient	NOUN
cjfa-49835	129	14	for	for	ADP
cjfa-49835	129	15	board	board	NOUN
cjfa-49835	129	16	independence	independence	NOUN
cjfa-49835	129	17	(	(	PUNCT
cjfa-49835	129	18	b.i	b.i	PROPN
cjfa-49835	129	19	.	.	PROPN
cjfa-49835	129	20	)	)	PUNCT
cjfa-49835	129	21	is	be	AUX
cjfa-49835	129	22	positive	positive	ADJ
cjfa-49835	129	23	and	and	CCONJ
cjfa-49835	129	24	statistically	statistically	ADV
cjfa-49835	129	25	significant	significant	ADJ
cjfa-49835	129	26	(	(	PUNCT
cjfa-49835	129	27	p=0.025	p=0.025	NOUN
cjfa-49835	129	28	)	)	PUNCT
cjfa-49835	129	29	,	,	PUNCT
cjfa-49835	129	30	suggesting	suggest	VERB
cjfa-49835	129	31	a	a	DET
cjfa-49835	129	32	direct	direct	ADJ
cjfa-49835	129	33	positive	positive	ADJ
cjfa-49835	129	34	association	association	NOUN
cjfa-49835	129	35	between	between	ADP
cjfa-49835	129	36	board	board	NOUN
cjfa-49835	129	37	independence	independence	NOUN
cjfa-49835	129	38	and	and	CCONJ
cjfa-49835	129	39	earnings	earning	NOUN
cjfa-49835	129	40	consistency	consistency	NOUN
cjfa-49835	129	41	.	.	PUNCT
cjfa-49835	130	1	firms	firm	NOUN
cjfa-49835	130	2	with	with	ADP
cjfa-49835	130	3	a	a	DET
cjfa-49835	130	4	higher	high	ADJ
cjfa-49835	130	5	proportion	proportion	NOUN
cjfa-49835	130	6	of	of	ADP
cjfa-49835	130	7	independent	independent	ADJ
cjfa-49835	130	8	directors	director	NOUN
cjfa-49835	130	9	on	on	ADP
cjfa-49835	130	10	their	their	PRON
cjfa-49835	130	11	boards	board	NOUN
cjfa-49835	130	12	generally	generally	ADV
cjfa-49835	130	13	experience	experience	VERB
cjfa-49835	130	14	more	more	ADV
cjfa-49835	130	15	stable	stable	ADJ
cjfa-49835	130	16	earnings	earning	NOUN
cjfa-49835	130	17	.	.	PUNCT
cjfa-49835	131	1	this	this	DET
cjfa-49835	131	2	finding	finding	NOUN
cjfa-49835	131	3	is	be	AUX
cjfa-49835	131	4	consistent	consistent	ADJ
cjfa-49835	131	5	with	with	ADP
cjfa-49835	131	6	agency	agency	NOUN
cjfa-49835	131	7	theory	theory	NOUN
cjfa-49835	131	8	,	,	PUNCT
cjfa-49835	131	9	as	as	SCONJ
cjfa-49835	131	10	proposed	propose	VERB
cjfa-49835	131	11	by	by	ADP
cjfa-49835	131	12	jensen	jensen	PROPN
cjfa-49835	131	13	and	and	CCONJ
cjfa-49835	131	14	meckling	meckling	NOUN
cjfa-49835	131	15	(	(	PUNCT
cjfa-49835	131	16	1976	1976	NUM
cjfa-49835	131	17	)	)	PUNCT
cjfa-49835	131	18	and	and	CCONJ
cjfa-49835	131	19	fama	fama	PROPN
cjfa-49835	131	20	and	and	CCONJ
cjfa-49835	131	21	jensen	jensen	PROPN
cjfa-49835	131	22	(	(	PUNCT
cjfa-49835	131	23	1983	1983	NUM
cjfa-49835	131	24	)	)	PUNCT
cjfa-49835	131	25	,	,	PUNCT
cjfa-49835	131	26	which	which	PRON
cjfa-49835	131	27	posits	posit	VERB
cjfa-49835	131	28	that	that	SCONJ
cjfa-49835	131	29	including	include	VERB
cjfa-49835	131	30	independent	independent	ADJ
cjfa-49835	131	31	directors	director	NOUN
cjfa-49835	131	32	can	can	AUX
cjfa-49835	131	33	mitigate	mitigate	VERB
cjfa-49835	131	34	agency	agency	NOUN
cjfa-49835	131	35	conflicts	conflict	NOUN
cjfa-49835	131	36	between	between	ADP
cjfa-49835	131	37	management	management	NOUN
cjfa-49835	131	38	and	and	CCONJ
cjfa-49835	131	39	shareholders	shareholder	NOUN
cjfa-49835	131	40	,	,	PUNCT
cjfa-49835	131	41	thus	thus	ADV
cjfa-49835	131	42	enhancing	enhance	VERB
cjfa-49835	131	43	firm	firm	ADJ
cjfa-49835	131	44	performance	performance	NOUN
cjfa-49835	131	45	.	.	PUNCT
cjfa-49835	132	1	the	the	DET
cjfa-49835	132	2	positive	positive	ADJ
cjfa-49835	132	3	coefficient	coefficient	NOUN
cjfa-49835	132	4	of	of	ADP
cjfa-49835	132	5	b.i	b.i	PROPN
cjfa-49835	132	6	.	.	PROPN
cjfa-49835	132	7	highlights	highlight	VERB
cjfa-49835	132	8	the	the	DET
cjfa-49835	132	9	significance	significance	NOUN
cjfa-49835	132	10	of	of	ADP
cjfa-49835	132	11	board	board	NOUN
cjfa-49835	132	12	independence	independence	NOUN
cjfa-49835	132	13	,	,	PUNCT
cjfa-49835	132	14	reinforcing	reinforce	VERB
cjfa-49835	132	15	the	the	DET
cjfa-49835	132	16	perspective	perspective	NOUN
cjfa-49835	132	17	of	of	ADP
cjfa-49835	132	18	agency	agency	NOUN
cjfa-49835	132	19	theory	theory	NOUN
cjfa-49835	132	20	.	.	PUNCT
cjfa-49835	133	1	however	however	ADV
cjfa-49835	133	2	,	,	PUNCT
cjfa-49835	133	3	the	the	DET
cjfa-49835	133	4	relationship	relationship	NOUN
cjfa-49835	133	5	between	between	ADP
cjfa-49835	133	6	b.i	b.i	PROPN
cjfa-49835	133	7	.	.	PROPN
cjfa-49835	133	8	and	and	CCONJ
cjfa-49835	133	9	earnings	earning	NOUN
cjfa-49835	133	10	stability	stability	NOUN
cjfa-49835	133	11	is	be	AUX
cjfa-49835	133	12	more	more	ADV
cjfa-49835	133	13	complex	complex	ADJ
cjfa-49835	133	14	.	.	PUNCT
cjfa-49835	134	1	the	the	DET
cjfa-49835	134	2	significant	significant	ADJ
cjfa-49835	134	3	negative	negative	ADJ
cjfa-49835	134	4	coefficient	coefficient	NOUN
cjfa-49835	134	5	for	for	ADP
cjfa-49835	134	6	bi^2	bi^2	NOUN
cjfa-49835	134	7	indicates	indicate	VERB
cjfa-49835	134	8	an	an	DET
cjfa-49835	134	9	inverted	inverted	ADJ
cjfa-49835	134	10	u	u	ADJ
cjfa-49835	134	11	-	-	ADJ
cjfa-49835	134	12	shaped	shape	VERB
cjfa-49835	134	13	relationship	relationship	NOUN
cjfa-49835	134	14	.	.	PUNCT
cjfa-49835	135	1	this	this	PRON
cjfa-49835	135	2	implies	imply	VERB
cjfa-49835	135	3	that	that	SCONJ
cjfa-49835	135	4	the	the	DET
cjfa-49835	135	5	benefits	benefit	NOUN
cjfa-49835	135	6	of	of	ADP
cjfa-49835	135	7	b.i	b.i	PROPN
cjfa-49835	135	8	.	.	PROPN
cjfa-49835	135	9	on	on	ADP
cjfa-49835	135	10	earnings	earning	NOUN
cjfa-49835	135	11	stability	stability	NOUN
cjfa-49835	135	12	increase	increase	VERB
cjfa-49835	135	13	up	up	ADP
cjfa-49835	135	14	to	to	ADP
cjfa-49835	135	15	a	a	DET
cjfa-49835	135	16	certain	certain	ADJ
cjfa-49835	135	17	point	point	NOUN
cjfa-49835	135	18	,	,	PUNCT
cjfa-49835	135	19	after	after	ADP
cjfa-49835	135	20	which	which	PRON
cjfa-49835	135	21	additional	additional	ADJ
cjfa-49835	135	22	increases	increase	NOUN
cjfa-49835	135	23	in	in	ADP
cjfa-49835	135	24	b.i	b.i	PROPN
cjfa-49835	135	25	.	.	PROPN
cjfa-49835	135	26	may	may	AUX
cjfa-49835	135	27	reduce	reduce	VERB
cjfa-49835	135	28	earnings	earning	NOUN
cjfa-49835	135	29	stability	stability	NOUN
cjfa-49835	135	30	.	.	PUNCT
cjfa-49835	136	1	this	this	PRON
cjfa-49835	136	2	aligns	align	VERB
cjfa-49835	136	3	with	with	ADP
cjfa-49835	136	4	the	the	DET
cjfa-49835	136	5	findings	finding	NOUN
cjfa-49835	136	6	of	of	ADP
cjfa-49835	136	7	barnhart	barnhart	PROPN
cjfa-49835	136	8	and	and	CCONJ
cjfa-49835	136	9	rosenstein	rosenstein	NOUN
cjfa-49835	136	10	(	(	PUNCT
cjfa-49835	136	11	1998	1998	NUM
cjfa-49835	136	12	)	)	PUNCT
cjfa-49835	136	13	and	and	CCONJ
cjfa-49835	136	14	de	de	X
cjfa-49835	136	15	andres	andre	NOUN
cjfa-49835	136	16	and	and	CCONJ
cjfa-49835	136	17	vallelado	vallelado	NOUN
cjfa-49835	136	18	(	(	PUNCT
cjfa-49835	136	19	2008	2008	NUM
cjfa-49835	136	20	)	)	PUNCT
cjfa-49835	136	21	,	,	PUNCT
cjfa-49835	136	22	who	who	PRON
cjfa-49835	136	23	observed	observe	VERB
cjfa-49835	136	24	a	a	DET
cjfa-49835	136	25	similar	similar	ADJ
cjfa-49835	136	26	non	non	ADJ
cjfa-49835	136	27	-	-	ADJ
cjfa-49835	136	28	linear	linear	ADJ
cjfa-49835	136	29	relationship	relationship	NOUN
cjfa-49835	136	30	between	between	ADP
cjfa-49835	136	31	b.i	b.i	PROPN
cjfa-49835	136	32	.	.	PROPN
cjfa-49835	136	33	and	and	CCONJ
cjfa-49835	136	34	firm	firm	ADJ
cjfa-49835	136	35	performance	performance	NOUN
cjfa-49835	136	36	.	.	PUNCT
cjfa-49835	137	1	this	this	PRON
cjfa-49835	137	2	offers	offer	VERB
cjfa-49835	137	3	a	a	DET
cjfa-49835	137	4	nuanced	nuanced	ADJ
cjfa-49835	137	5	view	view	NOUN
cjfa-49835	137	6	that	that	PRON
cjfa-49835	137	7	harmonizes	harmonize	VERB
cjfa-49835	137	8	the	the	DET
cjfa-49835	137	9	concepts	concept	NOUN
cjfa-49835	137	10	of	of	ADP
cjfa-49835	137	11	resource	resource	NOUN
cjfa-49835	137	12	dependence	dependence	NOUN
cjfa-49835	137	13	theory	theory	NOUN
cjfa-49835	137	14	(	(	PUNCT
cjfa-49835	137	15	rdt	rdt	PROPN
cjfa-49835	137	16	)	)	PUNCT
cjfa-49835	137	17	and	and	CCONJ
cjfa-49835	137	18	stewardship	stewardship	NOUN
cjfa-49835	137	19	theory	theory	NOUN
cjfa-49835	137	20	.	.	PUNCT
cjfa-49835	138	1	contrary	contrary	ADJ
cjfa-49835	138	2	to	to	ADP
cjfa-49835	138	3	expectations	expectation	NOUN
cjfa-49835	138	4	,	,	PUNCT
cjfa-49835	138	5	the	the	DET
cjfa-49835	138	6	coefficient	coefficient	NOUN
cjfa-49835	138	7	for	for	ADP
cjfa-49835	138	8	the	the	DET
cjfa-49835	138	9	asset	asset	NOUN
cjfa-49835	138	10	turnover	turnover	NOUN
cjfa-49835	138	11	ratio	ratio	NOUN
cjfa-49835	138	12	(	(	PUNCT
cjfa-49835	138	13	atr	atr	PROPN
cjfa-49835	138	14	)	)	PUNCT
cjfa-49835	138	15	is	be	AUX
cjfa-49835	138	16	not	not	PART
cjfa-49835	138	17	statistically	statistically	ADV
cjfa-49835	138	18	significant	significant	ADJ
cjfa-49835	138	19	,	,	PUNCT
cjfa-49835	138	20	suggesting	suggest	VERB
cjfa-49835	138	21	that	that	SCONJ
cjfa-49835	138	22	asset	asset	NOUN
cjfa-49835	138	23	utilization	utilization	NOUN
cjfa-49835	138	24	efficiency	efficiency	NOUN
cjfa-49835	138	25	does	do	AUX
cjfa-49835	138	26	not	not	PART
cjfa-49835	138	27	have	have	VERB
cjfa-49835	138	28	a	a	DET
cjfa-49835	138	29	significant	significant	ADJ
cjfa-49835	138	30	impact	impact	NOUN
cjfa-49835	138	31	on	on	ADP
cjfa-49835	138	32	earnings	earning	NOUN
cjfa-49835	138	33	stability	stability	NOUN
cjfa-49835	138	34	.	.	PUNCT
cjfa-49835	139	1	this	this	PRON
cjfa-49835	139	2	deviates	deviate	VERB
cjfa-49835	139	3	from	from	ADP
cjfa-49835	139	4	studies	study	NOUN
cjfa-49835	139	5	like	like	ADP
cjfa-49835	139	6	deloof	deloof	NOUN
cjfa-49835	139	7	(	(	PUNCT
cjfa-49835	139	8	2003	2003	NUM
cjfa-49835	139	9	)	)	PUNCT
cjfa-49835	139	10	,	,	PUNCT
cjfa-49835	139	11	which	which	PRON
cjfa-49835	139	12	suggest	suggest	VERB
cjfa-49835	139	13	a	a	DET
cjfa-49835	139	14	significant	significant	ADJ
cjfa-49835	139	15	association	association	NOUN
cjfa-49835	139	16	between	between	ADP
cjfa-49835	139	17	asset	asset	NOUN
cjfa-49835	139	18	utilization	utilization	NOUN
cjfa-49835	139	19	efficiency	efficiency	NOUN
cjfa-49835	139	20	and	and	CCONJ
cjfa-49835	139	21	financial	financial	ADJ
cjfa-49835	139	22	performance	performance	NOUN
cjfa-49835	139	23	.	.	PUNCT
cjfa-49835	140	1	the	the	DET
cjfa-49835	140	2	relationship	relationship	NOUN
cjfa-49835	140	3	between	between	ADP
cjfa-49835	140	4	institutional	institutional	ADJ
cjfa-49835	140	5	ownership	ownership	NOUN
cjfa-49835	140	6	(	(	PUNCT
cjfa-49835	140	7	i.o	i.o	PROPN
cjfa-49835	140	8	.	.	PROPN
cjfa-49835	140	9	)	)	PUNCT
cjfa-49835	140	10	and	and	CCONJ
cjfa-49835	140	11	earnings	earning	NOUN
cjfa-49835	140	12	stability	stability	NOUN
cjfa-49835	140	13	is	be	AUX
cjfa-49835	140	14	both	both	ADV
cjfa-49835	140	15	significant	significant	ADJ
cjfa-49835	140	16	and	and	CCONJ
cjfa-49835	140	17	positive	positive	ADJ
cjfa-49835	140	18	.	.	PUNCT
cjfa-49835	141	1	institutional	institutional	ADJ
cjfa-49835	141	2	investors	investor	NOUN
cjfa-49835	141	3	,	,	PUNCT
cjfa-49835	141	4	often	often	ADV
cjfa-49835	141	5	considered	consider	VERB
cjfa-49835	141	6	sophisticated	sophisticated	ADJ
cjfa-49835	141	7	,	,	PUNCT
cjfa-49835	141	8	are	be	AUX
cjfa-49835	141	9	believed	believe	VERB
cjfa-49835	141	10	to	to	PART
cjfa-49835	141	11	influence	influence	VERB
cjfa-49835	141	12	corporate	corporate	ADJ
cjfa-49835	141	13	decisions	decision	NOUN
cjfa-49835	141	14	towards	towards	ADP
cjfa-49835	141	15	long	long	ADJ
cjfa-49835	141	16	-	-	PUNCT
cjfa-49835	141	17	term	term	NOUN
cjfa-49835	141	18	value	value	NOUN
cjfa-49835	141	19	creation	creation	NOUN
cjfa-49835	141	20	.	.	PUNCT
cjfa-49835	142	1	their	their	PRON
cjfa-49835	142	2	presence	presence	NOUN
cjfa-49835	142	3	is	be	AUX
cjfa-49835	142	4	seen	see	VERB
cjfa-49835	142	5	as	as	ADP
cjfa-49835	142	6	providing	provide	VERB
cjfa-49835	142	7	better	well	ADJ
cjfa-49835	142	8	oversight	oversight	NOUN
cjfa-49835	142	9	and	and	CCONJ
cjfa-49835	142	10	discouraging	discourage	VERB
cjfa-49835	142	11	short	short	ADJ
cjfa-49835	142	12	-	-	PUNCT
cjfa-49835	142	13	sighted	sighted	ADJ
cjfa-49835	142	14	managerial	managerial	ADJ
cjfa-49835	142	15	behavior	behavior	NOUN
cjfa-49835	142	16	,	,	PUNCT
cjfa-49835	142	17	as	as	ADP
cjfa-49835	142	18	per	per	ADP
cjfa-49835	142	19	shleifer	shleifer	NOUN
cjfa-49835	142	20	&	&	CCONJ
cjfa-49835	142	21	vishny	vishny	PROPN
cjfa-49835	142	22	(	(	PUNCT
cjfa-49835	142	23	1986	1986	NUM
cjfa-49835	142	24	)	)	PUNCT
cjfa-49835	142	25	and	and	CCONJ
cjfa-49835	142	26	gillan	gillan	PROPN
cjfa-49835	142	27	and	and	CCONJ
cjfa-49835	142	28	starks	stark	NOUN
cjfa-49835	142	29	(	(	PUNCT
cjfa-49835	142	30	2000	2000	NUM
cjfa-49835	142	31	)	)	PUNCT
cjfa-49835	142	32	.	.	PUNCT
cjfa-49835	143	1	the	the	DET
cjfa-49835	143	2	positive	positive	ADJ
cjfa-49835	143	3	effect	effect	NOUN
cjfa-49835	143	4	of	of	ADP
cjfa-49835	143	5	i.o	i.o	PROPN
cjfa-49835	143	6	.	.	PROPN
cjfa-49835	143	7	on	on	ADP
cjfa-49835	143	8	earnings	earning	NOUN
cjfa-49835	143	9	stability	stability	NOUN
cjfa-49835	143	10	supports	support	VERB
cjfa-49835	143	11	this	this	DET
cjfa-49835	143	12	perspective	perspective	NOUN
cjfa-49835	143	13	.	.	PUNCT
cjfa-49835	144	1	the	the	DET
cjfa-49835	144	2	debt	debt	NOUN
cjfa-49835	144	3	-	-	PUNCT
cjfa-49835	144	4	to	to	ADP
cjfa-49835	144	5	-	-	PUNCT
cjfa-49835	144	6	equity	equity	NOUN
cjfa-49835	144	7	(	(	PUNCT
cjfa-49835	144	8	d	d	NOUN
cjfa-49835	144	9	/	/	SYM
cjfa-49835	144	10	e	e	NOUN
cjfa-49835	144	11	)	)	PUNCT
cjfa-49835	144	12	ratio	ratio	NOUN
cjfa-49835	144	13	displays	display	VERB
cjfa-49835	144	14	a	a	DET
cjfa-49835	144	15	significant	significant	ADJ
cjfa-49835	144	16	negative	negative	ADJ
cjfa-49835	144	17	relationship	relationship	NOUN
cjfa-49835	144	18	with	with	ADP
cjfa-49835	144	19	earnings	earning	NOUN
cjfa-49835	144	20	stability	stability	NOUN
cjfa-49835	144	21	,	,	PUNCT
cjfa-49835	144	22	indicating	indicate	VERB
cjfa-49835	144	23	that	that	SCONJ
cjfa-49835	144	24	firms	firm	NOUN
cjfa-49835	144	25	with	with	ADP
cjfa-49835	144	26	higher	high	ADJ
cjfa-49835	144	27	debt	debt	NOUN
cjfa-49835	144	28	levels	level	NOUN
cjfa-49835	144	29	relative	relative	ADJ
cjfa-49835	144	30	to	to	ADP
cjfa-49835	144	31	equity	equity	NOUN
cjfa-49835	144	32	tend	tend	VERB
cjfa-49835	144	33	to	to	PART
cjfa-49835	144	34	experience	experience	VERB
cjfa-49835	144	35	less	less	ADV
cjfa-49835	144	36	stable	stable	ADJ
cjfa-49835	144	37	earnings	earning	NOUN
cjfa-49835	144	38	.	.	PUNCT
cjfa-49835	145	1	this	this	PRON
cjfa-49835	145	2	is	be	AUX
cjfa-49835	145	3	in	in	ADP
cjfa-49835	145	4	line	line	NOUN
cjfa-49835	145	5	with	with	ADP
cjfa-49835	145	6	the	the	DET
cjfa-49835	145	7	view	view	NOUN
cjfa-49835	145	8	that	that	SCONJ
cjfa-49835	145	9	high	high	ADJ
cjfa-49835	145	10	leverage	leverage	NOUN
cjfa-49835	145	11	can	can	AUX
cjfa-49835	145	12	increase	increase	VERB
cjfa-49835	145	13	risk	risk	NOUN
cjfa-49835	145	14	and	and	CCONJ
cjfa-49835	145	15	financial	financial	ADJ
cjfa-49835	145	16	instability	instability	NOUN
cjfa-49835	145	17	,	,	PUNCT
cjfa-49835	145	18	especially	especially	ADV
cjfa-49835	145	19	given	give	VERB
cjfa-49835	145	20	the	the	DET
cjfa-49835	145	21	obligations	obligation	NOUN
cjfa-49835	145	22	of	of	ADP
cjfa-49835	145	23	debt	debt	NOUN
cjfa-49835	145	24	servicing	servicing	NOUN
cjfa-49835	145	25	,	,	PUNCT
cjfa-49835	145	26	which	which	PRON
cjfa-49835	145	27	can	can	AUX
cjfa-49835	145	28	aggravate	aggravate	VERB
cjfa-49835	145	29	financial	financial	ADJ
cjfa-49835	145	30	distress	distress	NOUN
cjfa-49835	145	31	in	in	ADP
cjfa-49835	145	32	downturns	downturn	NOUN
cjfa-49835	145	33	(	(	PUNCT
cjfa-49835	145	34	modigliani	modigliani	PROPN
cjfa-49835	145	35	&	&	CCONJ
cjfa-49835	145	36	miller	miller	PROPN
cjfa-49835	145	37	,	,	PUNCT
cjfa-49835	145	38	1958	1958	NUM
cjfa-49835	145	39	;	;	PUNCT
cjfa-49835	145	40	jensen	jensen	PROPN
cjfa-49835	145	41	&	&	CCONJ
cjfa-49835	145	42	meckling	meckling	PROPN
cjfa-49835	145	43	,	,	PUNCT
cjfa-49835	145	44	1976	1976	NUM
cjfa-49835	145	45	)	)	PUNCT
cjfa-49835	145	46	.	.	PUNCT
cjfa-49835	146	1	the	the	DET
cjfa-49835	146	2	association	association	PROPN
cjfa-49835	146	3	of	of	ADP
cjfa-49835	146	4	promoter	promoter	NOUN
cjfa-49835	146	5	holdings	holding	NOUN
cjfa-49835	146	6	(	(	PUNCT
cjfa-49835	146	7	p.o	p.o	PROPN
cjfa-49835	146	8	.	.	PROPN
cjfa-49835	146	9	)	)	PUNCT
cjfa-49835	146	10	with	with	ADP
cjfa-49835	146	11	earnings	earning	NOUN
cjfa-49835	146	12	consistency	consistency	NOUN
cjfa-49835	146	13	is	be	AUX
cjfa-49835	146	14	significant	significant	ADJ
cjfa-49835	146	15	.	.	PUNCT
cjfa-49835	147	1	this	this	PRON
cjfa-49835	147	2	suggests	suggest	VERB
cjfa-49835	147	3	that	that	SCONJ
cjfa-49835	147	4	promoters	promoter	NOUN
cjfa-49835	147	5	,	,	PUNCT
cjfa-49835	147	6	due	due	ADP
cjfa-49835	147	7	to	to	ADP
cjfa-49835	147	8	their	their	PRON
cjfa-49835	147	9	substantial	substantial	ADJ
cjfa-49835	147	10	ownership	ownership	NOUN
cjfa-49835	147	11	and	and	CCONJ
cjfa-49835	147	12	pivotal	pivotal	ADJ
cjfa-49835	147	13	roles	role	NOUN
cjfa-49835	147	14	,	,	PUNCT
cjfa-49835	147	15	srikanth	srikanth	PROPN
cjfa-49835	147	16	potharla	potharla	PROPN
cjfa-49835	147	17	,	,	PUNCT
cjfa-49835	147	18	suman	suman	NOUN
cjfa-49835	147	19	kolpula8484	kolpula8484	PROPN
cjfa-49835	147	20	can	can	AUX
cjfa-49835	147	21	ensure	ensure	VERB
cjfa-49835	147	22	consistent	consistent	ADJ
cjfa-49835	147	23	profits	profit	NOUN
cjfa-49835	147	24	.	.	PUNCT
cjfa-49835	148	1	this	this	PRON
cjfa-49835	148	2	might	might	AUX
cjfa-49835	148	3	be	be	AUX
cjfa-49835	148	4	attributed	attribute	VERB
cjfa-49835	148	5	to	to	ADP
cjfa-49835	148	6	their	their	PRON
cjfa-49835	148	7	ability	ability	NOUN
cjfa-49835	148	8	to	to	PART
cjfa-49835	148	9	make	make	VERB
cjfa-49835	148	10	strategic	strategic	ADJ
cjfa-49835	148	11	decisions	decision	NOUN
cjfa-49835	148	12	benefiting	benefit	VERB
cjfa-49835	148	13	the	the	DET
cjfa-49835	148	14	company	company	NOUN
cjfa-49835	148	15	in	in	ADP
cjfa-49835	148	16	the	the	DET
cjfa-49835	148	17	long	long	ADJ
cjfa-49835	148	18	run	run	NOUN
cjfa-49835	148	19	,	,	PUNCT
cjfa-49835	148	20	resonating	resonate	VERB
cjfa-49835	148	21	with	with	ADP
cjfa-49835	148	22	the	the	DET
cjfa-49835	148	23	principles	principle	NOUN
cjfa-49835	148	24	of	of	ADP
cjfa-49835	148	25	stewardship	stewardship	NOUN
cjfa-49835	148	26	theory	theory	NOUN
cjfa-49835	148	27	(	(	PUNCT
cjfa-49835	148	28	donaldson	donaldson	PROPN
cjfa-49835	148	29	&	&	CCONJ
cjfa-49835	148	30	davis	davis	PROPN
cjfa-49835	148	31	,	,	PUNCT
cjfa-49835	148	32	1991	1991	NUM
cjfa-49835	148	33	;	;	PUNCT
cjfa-49835	148	34	davis	davis	PROPN
cjfa-49835	148	35	,	,	PUNCT
cjfa-49835	148	36	frankforter	frankforter	NOUN
cjfa-49835	148	37	,	,	PUNCT
cjfa-49835	148	38	vollrath	vollrath	PROPN
cjfa-49835	148	39	&	&	CCONJ
cjfa-49835	148	40	hill	hill	PROPN
cjfa-49835	148	41	,	,	PUNCT
cjfa-49835	148	42	2007	2007	NUM
cjfa-49835	148	43	)	)	PUNCT
cjfa-49835	148	44	.	.	PUNCT
cjfa-49835	149	1	lastly	lastly	ADV
cjfa-49835	149	2	,	,	PUNCT
cjfa-49835	149	3	firm	firm	ADJ
cjfa-49835	149	4	size	size	NOUN
cjfa-49835	149	5	(	(	PUNCT
cjfa-49835	149	6	size	size	NOUN
cjfa-49835	149	7	)	)	PUNCT
cjfa-49835	149	8	has	have	VERB
cjfa-49835	149	9	a	a	DET
cjfa-49835	149	10	positive	positive	ADJ
cjfa-49835	149	11	effect	effect	NOUN
cjfa-49835	149	12	on	on	ADP
cjfa-49835	149	13	earnings	earning	NOUN
cjfa-49835	149	14	stability	stability	NOUN
cjfa-49835	149	15	.	.	PUNCT
cjfa-49835	150	1	larger	large	ADJ
cjfa-49835	150	2	firms	firm	NOUN
cjfa-49835	150	3	,	,	PUNCT
cjfa-49835	150	4	often	often	ADV
cjfa-49835	150	5	having	have	VERB
cjfa-49835	150	6	more	more	ADV
cjfa-49835	150	7	diversified	diversified	ADJ
cjfa-49835	150	8	operations	operation	NOUN
cjfa-49835	150	9	and	and	CCONJ
cjfa-49835	150	10	robust	robust	ADJ
cjfa-49835	150	11	risk	risk	NOUN
cjfa-49835	150	12	management	management	NOUN
cjfa-49835	150	13	practices	practice	NOUN
cjfa-49835	150	14	,	,	PUNCT
cjfa-49835	150	15	tend	tend	VERB
cjfa-49835	150	16	to	to	PART
cjfa-49835	150	17	exhibit	exhibit	VERB
cjfa-49835	150	18	more	more	ADV
cjfa-49835	150	19	stable	stable	ADJ
cjfa-49835	150	20	earnings	earning	NOUN
cjfa-49835	150	21	.	.	PUNCT
cjfa-49835	151	1	this	this	DET
cjfa-49835	151	2	findings	finding	NOUN
cjfa-49835	151	3	is	be	AUX
cjfa-49835	151	4	consistent	consistent	ADJ
cjfa-49835	151	5	with	with	ADP
cjfa-49835	151	6	theoretical	theoretical	ADJ
cjfa-49835	151	7	predictions	prediction	NOUN
cjfa-49835	151	8	and	and	CCONJ
cjfa-49835	151	9	empirical	empirical	ADJ
cjfa-49835	151	10	findings	finding	NOUN
cjfa-49835	151	11	that	that	PRON
cjfa-49835	151	12	associate	associate	ADJ
cjfa-49835	151	13	firm	firm	ADJ
cjfa-49835	151	14	size	size	NOUN
cjfa-49835	151	15	with	with	ADP
cjfa-49835	151	16	performance	performance	NOUN
cjfa-49835	151	17	stability	stability	NOUN
cjfa-49835	151	18	(	(	PUNCT
cjfa-49835	151	19	rajan	rajan	PROPN
cjfa-49835	151	20	&	&	CCONJ
cjfa-49835	151	21	zingales	zingales	PROPN
cjfa-49835	151	22	,	,	PUNCT
cjfa-49835	151	23	1995	1995	NUM
cjfa-49835	151	24	)	)	PUNCT
cjfa-49835	151	25	.	.	PUNCT
cjfa-49835	152	1	in	in	ADP
cjfa-49835	152	2	summary	summary	NOUN
cjfa-49835	152	3	,	,	PUNCT
cjfa-49835	152	4	our	our	PRON
cjfa-49835	152	5	findings	finding	NOUN
cjfa-49835	152	6	contribute	contribute	VERB
cjfa-49835	152	7	to	to	ADP
cjfa-49835	152	8	the	the	DET
cjfa-49835	152	9	understanding	understanding	NOUN
cjfa-49835	152	10	of	of	ADP
cjfa-49835	152	11	the	the	DET
cjfa-49835	152	12	intricate	intricate	PROPN
cjfa-49835	152	13	association	association	NOUN
cjfa-49835	152	14	between	between	ADP
cjfa-49835	152	15	corporate	corporate	ADJ
cjfa-49835	152	16	governance	governance	NOUN
cjfa-49835	152	17	attributes	attribute	NOUN
cjfa-49835	152	18	and	and	CCONJ
cjfa-49835	152	19	firm	firm	ADJ
cjfa-49835	152	20	performance	performance	NOUN
cjfa-49835	152	21	,	,	PUNCT
cjfa-49835	152	22	particularly	particularly	ADV
cjfa-49835	152	23	concerning	concern	VERB
cjfa-49835	152	24	earnings	earning	NOUN
cjfa-49835	152	25	stability	stability	NOUN
cjfa-49835	152	26	.	.	PUNCT
cjfa-49835	153	1	the	the	DET
cjfa-49835	153	2	results	result	NOUN
cjfa-49835	153	3	highlight	highlight	VERB
cjfa-49835	153	4	the	the	DET
cjfa-49835	153	5	need	need	NOUN
cjfa-49835	153	6	to	to	PART
cjfa-49835	153	7	recognize	recognize	VERB
cjfa-49835	153	8	non	non	ADJ
cjfa-49835	153	9	-	-	ADJ
cjfa-49835	153	10	linear	linear	ADJ
cjfa-49835	153	11	relationships	relationship	NOUN
cjfa-49835	153	12	and	and	CCONJ
cjfa-49835	153	13	contextual	contextual	ADJ
cjfa-49835	153	14	factors	factor	NOUN
cjfa-49835	153	15	in	in	ADP
cjfa-49835	153	16	evaluating	evaluate	VERB
cjfa-49835	153	17	the	the	DET
cjfa-49835	153	18	impact	impact	NOUN
cjfa-49835	153	19	of	of	ADP
cjfa-49835	153	20	corporate	corporate	ADJ
cjfa-49835	153	21	governance	governance	NOUN
cjfa-49835	153	22	practices	practice	NOUN
cjfa-49835	153	23	on	on	ADP
cjfa-49835	153	24	firm	firm	ADJ
cjfa-49835	153	25	performance	performance	NOUN
cjfa-49835	153	26	.	.	PUNCT
cjfa-49835	154	1	table	table	NOUN
cjfa-49835	154	2	4	4	NUM
cjfa-49835	154	3	.	.	PUNCT
cjfa-49835	154	4	model	model	PROPN
cjfa-49835	154	5	fit	fit	PROPN
cjfa-49835	154	6	statistics	statistics	PROPN
cjfa-49835	154	7	source	source	NOUN
cjfa-49835	154	8	df	df	PROPN
cjfa-49835	154	9	sum	sum	NOUN
cjfa-49835	154	10	of	of	ADP
cjfa-49835	154	11	squares	square	NOUN
cjfa-49835	154	12	mean	mean	VERB
cjfa-49835	154	13	square	square	ADJ
cjfa-49835	154	14	f	f	PROPN
cjfa-49835	154	15	value	value	NOUN
cjfa-49835	154	16	pr	pr	X
cjfa-49835	154	17	>	>	PUNCT
cjfa-49835	154	18	f	f	PROPN
cjfa-49835	154	19	model	model	NOUN
cjfa-49835	154	20	47	47	NUM
cjfa-49835	154	21	8950.135	8950.135	NUM
cjfa-49835	154	22	190.4284	190.4284	NUM
cjfa-49835	154	23	19.86	19.86	NUM
cjfa-49835	154	24	<	<	X
cjfa-49835	154	25	.0001	.0001	NOUN
cjfa-49835	154	26	error	error	NOUN
cjfa-49835	154	27	3996	3996	NUM
cjfa-49835	154	28	38319	38319	NUM
cjfa-49835	155	1	9.5893	9.5893	NUM
cjfa-49835	155	2	corrected	correct	VERB
cjfa-49835	155	3	total	total	ADJ
cjfa-49835	155	4	4043	4043	NUM
cjfa-49835	155	5	47269	47269	NUM
cjfa-49835	155	6	r	r	NOUN
cjfa-49835	155	7	-	-	PUNCT
cjfa-49835	155	8	square	square	ADJ
cjfa-49835	155	9	0.1893	0.1893	NUM
cjfa-49835	155	10	root	root	NOUN
cjfa-49835	155	11	mse	mse	NOUN
cjfa-49835	155	12	3.097	3.097	NUM
cjfa-49835	155	13	adj	adj	NOUN
cjfa-49835	155	14	r	r	NOUN
cjfa-49835	155	15	-	-	PUNCT
cjfa-49835	155	16	sq	sq	ADJ
cjfa-49835	155	17	0.1798	0.1798	NUM
cjfa-49835	155	18	number	number	NOUN
cjfa-49835	155	19	of	of	ADP
cjfa-49835	155	20	observations	observation	NOUN
cjfa-49835	155	21	4044	4044	NUM
cjfa-49835	155	22	s	s	NOUN
cjfa-49835	155	23	o	o	X
cjfa-49835	155	24	u	u	NOUN
cjfa-49835	155	25	r	r	NOUN
cjfa-49835	155	26	c	c	NOUN
cjfa-49835	155	27	e	e	NOUN
cjfa-49835	155	28	:	:	PUNCT
cjfa-49835	155	29	authors	author	NOUN
cjfa-49835	155	30	’	'	PUNCT
cjfa-49835	155	31	calculations	calculation	NOUN
cjfa-49835	155	32	.	.	PUNCT
cjfa-49835	156	1	table	table	NOUN
cjfa-49835	156	2	4	4	NUM
cjfa-49835	156	3	displays	display	VERB
cjfa-49835	156	4	the	the	DET
cjfa-49835	156	5	model	model	NOUN
cjfa-49835	156	6	fit	fit	PROPN
cjfa-49835	156	7	statistics	statistic	NOUN
cjfa-49835	156	8	,	,	PUNCT
cjfa-49835	156	9	offering	offer	VERB
cjfa-49835	156	10	insights	insight	NOUN
cjfa-49835	156	11	into	into	ADP
cjfa-49835	156	12	the	the	DET
cjfa-49835	156	13	regression	regression	NOUN
cjfa-49835	156	14	model	model	NOUN
cjfa-49835	156	15	’s	’s	PART
cjfa-49835	156	16	goodness	goodness	NOUN
cjfa-49835	156	17	-	-	PUNCT
cjfa-49835	156	18	of	of	ADP
cjfa-49835	156	19	-	-	PUNCT
cjfa-49835	156	20	fit	fit	NOUN
cjfa-49835	156	21	.	.	PUNCT
cjfa-49835	157	1	the	the	DET
cjfa-49835	157	2	r	r	NOUN
cjfa-49835	157	3	-	-	PUNCT
cjfa-49835	157	4	squared	square	VERB
cjfa-49835	157	5	value	value	NOUN
cjfa-49835	157	6	,	,	PUNCT
cjfa-49835	157	7	standing	stand	VERB
cjfa-49835	157	8	at	at	ADP
cjfa-49835	157	9	0.1893	0.1893	NUM
cjfa-49835	157	10	,	,	PUNCT
cjfa-49835	157	11	suggests	suggest	VERB
cjfa-49835	157	12	that	that	SCONJ
cjfa-49835	157	13	approximately	approximately	ADV
cjfa-49835	157	14	19	19	NUM
cjfa-49835	157	15	%	%	NOUN
cjfa-49835	157	16	of	of	ADP
cjfa-49835	157	17	the	the	DET
cjfa-49835	157	18	variation	variation	NOUN
cjfa-49835	157	19	in	in	ADP
cjfa-49835	157	20	earnings	earning	NOUN
cjfa-49835	157	21	stability	stability	NOUN
cjfa-49835	157	22	is	be	AUX
cjfa-49835	157	23	explained	explain	VERB
cjfa-49835	157	24	by	by	ADP
cjfa-49835	157	25	the	the	DET
cjfa-49835	157	26	model	model	NOUN
cjfa-49835	157	27	’s	’s	PART
cjfa-49835	157	28	independent	independent	ADJ
cjfa-49835	157	29	variables	variable	NOUN
cjfa-49835	157	30	.	.	PUNCT
cjfa-49835	158	1	the	the	DET
cjfa-49835	158	2	adjusted	adjusted	ADJ
cjfa-49835	158	3	r	r	NOUN
cjfa-49835	158	4	-	-	PUNCT
cjfa-49835	158	5	squared	square	VERB
cjfa-49835	158	6	,	,	PUNCT
cjfa-49835	158	7	at	at	ADP
cjfa-49835	158	8	0.1798	0.1798	NUM
cjfa-49835	158	9	,	,	PUNCT
cjfa-49835	158	10	is	be	AUX
cjfa-49835	158	11	marginally	marginally	ADV
cjfa-49835	158	12	lower	low	ADJ
cjfa-49835	158	13	but	but	CCONJ
cjfa-49835	158	14	still	still	ADV
cjfa-49835	158	15	indicates	indicate	VERB
cjfa-49835	158	16	a	a	DET
cjfa-49835	158	17	substantial	substantial	ADJ
cjfa-49835	158	18	model	model	NOUN
cjfa-49835	158	19	fit	fit	NOUN
cjfa-49835	158	20	,	,	PUNCT
cjfa-49835	158	21	taking	take	VERB
cjfa-49835	158	22	into	into	ADP
cjfa-49835	158	23	account	account	NOUN
cjfa-49835	158	24	the	the	DET
cjfa-49835	158	25	number	number	NOUN
cjfa-49835	158	26	of	of	ADP
cjfa-49835	158	27	predictors	predictor	NOUN
cjfa-49835	158	28	in	in	ADP
cjfa-49835	158	29	the	the	DET
cjfa-49835	158	30	model	model	NOUN
cjfa-49835	158	31	.	.	PUNCT
cjfa-49835	159	1	the	the	DET
cjfa-49835	159	2	f	f	NOUN
cjfa-49835	159	3	-	-	PUNCT
cjfa-49835	159	4	value	value	NOUN
cjfa-49835	159	5	,	,	PUNCT
cjfa-49835	159	6	at	at	ADP
cjfa-49835	159	7	19.86	19.86	NUM
cjfa-49835	159	8	,	,	PUNCT
cjfa-49835	159	9	along	along	ADP
cjfa-49835	159	10	with	with	ADP
cjfa-49835	159	11	its	its	PRON
cjfa-49835	159	12	corresponding	corresponding	ADJ
cjfa-49835	159	13	p	p	NOUN
cjfa-49835	159	14	-	-	PUNCT
cjfa-49835	159	15	value	value	NOUN
cjfa-49835	159	16	(	(	PUNCT
cjfa-49835	159	17	less	less	ADJ
cjfa-49835	159	18	than	than	ADP
cjfa-49835	159	19	0.0001	0.0001	NUM
cjfa-49835	159	20	)	)	PUNCT
cjfa-49835	159	21	,	,	PUNCT
cjfa-49835	159	22	confirms	confirm	VERB
cjfa-49835	159	23	the	the	DET
cjfa-49835	159	24	statistical	statistical	ADJ
cjfa-49835	159	25	significance	significance	NOUN
cjfa-49835	159	26	of	of	ADP
cjfa-49835	159	27	the	the	DET
cjfa-49835	159	28	board	board	NOUN
cjfa-49835	159	29	independence	independence	NOUN
cjfa-49835	159	30	and	and	CCONJ
cjfa-49835	159	31	earnings	earning	NOUN
cjfa-49835	159	32	stability	stability	NOUN
cjfa-49835	159	33	…	…	PUNCT
cjfa-49835	159	34	8585	8585	NUM
cjfa-49835	159	35	model	model	NOUN
cjfa-49835	159	36	’s	’s	PART
cjfa-49835	159	37	explanatory	explanatory	ADJ
cjfa-49835	159	38	power	power	NOUN
cjfa-49835	159	39	.	.	PUNCT
cjfa-49835	160	1	furthermore	furthermore	ADV
cjfa-49835	160	2	,	,	PUNCT
cjfa-49835	160	3	the	the	DET
cjfa-49835	160	4	root	root	NOUN
cjfa-49835	160	5	mean	mean	VERB
cjfa-49835	160	6	square	square	ADJ
cjfa-49835	160	7	error	error	NOUN
cjfa-49835	160	8	(	(	PUNCT
cjfa-49835	160	9	rmse	rmse	NOUN
cjfa-49835	160	10	)	)	PUNCT
cjfa-49835	160	11	is	be	AUX
cjfa-49835	160	12	noted	note	VERB
cjfa-49835	160	13	at	at	ADP
cjfa-49835	160	14	3.097	3.097	NUM
cjfa-49835	160	15	,	,	PUNCT
cjfa-49835	160	16	providing	provide	VERB
cjfa-49835	160	17	an	an	DET
cjfa-49835	160	18	estimate	estimate	NOUN
cjfa-49835	160	19	of	of	ADP
cjfa-49835	160	20	the	the	DET
cjfa-49835	160	21	model	model	NOUN
cjfa-49835	160	22	’s	’s	PART
cjfa-49835	160	23	prediction	prediction	NOUN
cjfa-49835	160	24	error	error	NOUN
cjfa-49835	160	25	.	.	PUNCT
cjfa-49835	160	26	 	 	SPACE
cjfa-49835	160	27	conclusion	conclusion	NOUN
cjfa-49835	160	28	 	 	SPACE
cjfa-49835	160	29	conclusion	conclusion	NOUN
cjfa-49835	160	30	this	this	DET
cjfa-49835	160	31	study	study	NOUN
cjfa-49835	160	32	explores	explore	NOUN
cjfa-49835	160	33	into	into	ADP
cjfa-49835	160	34	the	the	DET
cjfa-49835	160	35	relationship	relationship	NOUN
cjfa-49835	160	36	between	between	ADP
cjfa-49835	160	37	board	board	NOUN
cjfa-49835	160	38	independence	independence	NOUN
cjfa-49835	160	39	and	and	CCONJ
cjfa-49835	160	40	firm	firm	ADJ
cjfa-49835	160	41	performance	performance	NOUN
cjfa-49835	160	42	,	,	PUNCT
cjfa-49835	160	43	with	with	ADP
cjfa-49835	160	44	a	a	DET
cjfa-49835	160	45	specific	specific	ADJ
cjfa-49835	160	46	focus	focus	NOUN
cjfa-49835	160	47	on	on	ADP
cjfa-49835	160	48	earnings	earning	NOUN
cjfa-49835	160	49	stability	stability	NOUN
cjfa-49835	160	50	(	(	PUNCT
cjfa-49835	160	51	roacr	roacr	NOUN
cjfa-49835	160	52	)	)	PUNCT
cjfa-49835	160	53	in	in	ADP
cjfa-49835	160	54	listed	list	VERB
cjfa-49835	160	55	indian	indian	ADJ
cjfa-49835	160	56	companies	company	NOUN
cjfa-49835	160	57	.	.	PUNCT
cjfa-49835	161	1	this	this	DET
cjfa-49835	161	2	study	study	NOUN
cjfa-49835	161	3	examines	examine	VERB
cjfa-49835	161	4	the	the	DET
cjfa-49835	161	5	implications	implication	NOUN
cjfa-49835	161	6	of	of	ADP
cjfa-49835	161	7	resource	resource	NOUN
cjfa-49835	161	8	dependence	dependence	NOUN
cjfa-49835	161	9	theory	theory	NOUN
cjfa-49835	161	10	(	(	PUNCT
cjfa-49835	161	11	rdt	rdt	PROPN
cjfa-49835	161	12	)	)	PUNCT
cjfa-49835	161	13	and	and	CCONJ
cjfa-49835	161	14	stewardship	stewardship	NOUN
cjfa-49835	161	15	theory	theory	NOUN
cjfa-49835	161	16	in	in	ADP
cjfa-49835	161	17	the	the	DET
cjfa-49835	161	18	context	context	NOUN
cjfa-49835	161	19	of	of	ADP
cjfa-49835	161	20	india	india	PROPN
cjfa-49835	161	21	’s	’s	PART
cjfa-49835	161	22	evolving	evolve	VERB
cjfa-49835	161	23	corporate	corporate	ADJ
cjfa-49835	161	24	governance	governance	NOUN
cjfa-49835	161	25	landscape	landscape	NOUN
cjfa-49835	161	26	.	.	PUNCT
cjfa-49835	162	1	using	use	VERB
cjfa-49835	162	2	the	the	DET
cjfa-49835	162	3	stability	stability	NOUN
cjfa-49835	162	4	of	of	ADP
cjfa-49835	162	5	return	return	NOUN
cjfa-49835	162	6	on	on	ADP
cjfa-49835	162	7	assets	asset	NOUN
cjfa-49835	162	8	(	(	PUNCT
cjfa-49835	162	9	roacr	roacr	NOUN
cjfa-49835	162	10	)	)	PUNCT
cjfa-49835	162	11	as	as	ADP
cjfa-49835	162	12	a	a	DET
cjfa-49835	162	13	dependent	dependent	ADJ
cjfa-49835	162	14	variable	variable	NOUN
cjfa-49835	162	15	provides	provide	VERB
cjfa-49835	162	16	a	a	DET
cjfa-49835	162	17	robust	robust	ADJ
cjfa-49835	162	18	measure	measure	NOUN
cjfa-49835	162	19	of	of	ADP
cjfa-49835	162	20	financial	financial	ADJ
cjfa-49835	162	21	performance	performance	NOUN
cjfa-49835	162	22	,	,	PUNCT
cjfa-49835	162	23	crucial	crucial	ADJ
cjfa-49835	162	24	for	for	ADP
cjfa-49835	162	25	investors	investor	NOUN
cjfa-49835	162	26	and	and	CCONJ
cjfa-49835	162	27	stakeholders	stakeholder	NOUN
cjfa-49835	162	28	.	.	PUNCT
cjfa-49835	163	1	a	a	DET
cjfa-49835	163	2	stable	stable	ADJ
cjfa-49835	163	3	roa	roa	NOUN
cjfa-49835	163	4	not	not	PART
cjfa-49835	163	5	only	only	ADV
cjfa-49835	163	6	signals	signal	VERB
cjfa-49835	163	7	consistent	consistent	ADJ
cjfa-49835	163	8	profitability	profitability	NOUN
cjfa-49835	163	9	and	and	CCONJ
cjfa-49835	163	10	efficient	efficient	ADJ
cjfa-49835	163	11	asset	asset	NOUN
cjfa-49835	163	12	management	management	NOUN
cjfa-49835	163	13	but	but	CCONJ
cjfa-49835	163	14	also	also	ADV
cjfa-49835	163	15	implies	imply	VERB
cjfa-49835	163	16	reduced	reduced	ADJ
cjfa-49835	163	17	investment	investment	NOUN
cjfa-49835	163	18	risk	risk	NOUN
cjfa-49835	163	19	,	,	PUNCT
cjfa-49835	163	20	thereby	thereby	ADV
cjfa-49835	163	21	attracting	attract	VERB
cjfa-49835	163	22	investor	investor	NOUN
cjfa-49835	163	23	interest	interest	NOUN
cjfa-49835	163	24	.	.	PUNCT
cjfa-49835	164	1	this	this	DET
cjfa-49835	164	2	study	study	NOUN
cjfa-49835	164	3	’s	’s	PART
cjfa-49835	164	4	emphasis	emphasis	NOUN
cjfa-49835	164	5	on	on	ADP
cjfa-49835	164	6	earnings	earning	NOUN
cjfa-49835	164	7	stability	stability	NOUN
cjfa-49835	164	8	addresses	address	VERB
cjfa-49835	164	9	an	an	DET
cjfa-49835	164	10	essential	essential	ADJ
cjfa-49835	164	11	gap	gap	NOUN
cjfa-49835	164	12	in	in	ADP
cjfa-49835	164	13	existing	exist	VERB
cjfa-49835	164	14	literature	literature	NOUN
cjfa-49835	164	15	.	.	PUNCT
cjfa-49835	165	1	a	a	DET
cjfa-49835	165	2	pivotal	pivotal	ADJ
cjfa-49835	165	3	finding	finding	NOUN
cjfa-49835	165	4	of	of	ADP
cjfa-49835	165	5	this	this	DET
cjfa-49835	165	6	study	study	NOUN
cjfa-49835	165	7	is	be	AUX
cjfa-49835	165	8	the	the	DET
cjfa-49835	165	9	non	non	ADJ
cjfa-49835	165	10	-	-	ADJ
cjfa-49835	165	11	linear	linear	ADJ
cjfa-49835	165	12	,	,	PUNCT
cjfa-49835	165	13	inverted	invert	VERB
cjfa-49835	165	14	u	u	ADJ
cjfa-49835	165	15	-	-	ADJ
cjfa-49835	165	16	shaped	shape	VERB
cjfa-49835	165	17	relationship	relationship	NOUN
cjfa-49835	165	18	between	between	ADP
cjfa-49835	165	19	board	board	NOUN
cjfa-49835	165	20	independence	independence	NOUN
cjfa-49835	165	21	(	(	PUNCT
cjfa-49835	165	22	b.i	b.i	PROPN
cjfa-49835	165	23	.	.	PROPN
cjfa-49835	165	24	)	)	PUNCT
cjfa-49835	165	25	and	and	CCONJ
cjfa-49835	165	26	earnings	earning	NOUN
cjfa-49835	165	27	stability	stability	NOUN
cjfa-49835	165	28	.	.	PUNCT
cjfa-49835	166	1	this	this	PRON
cjfa-49835	166	2	indicates	indicate	VERB
cjfa-49835	166	3	that	that	SCONJ
cjfa-49835	166	4	the	the	DET
cjfa-49835	166	5	principles	principle	NOUN
cjfa-49835	166	6	of	of	ADP
cjfa-49835	166	7	both	both	DET
cjfa-49835	166	8	resource	resource	NOUN
cjfa-49835	166	9	dependence	dependence	NOUN
cjfa-49835	166	10	and	and	CCONJ
cjfa-49835	166	11	stewardship	stewardship	NOUN
cjfa-49835	166	12	are	be	AUX
cjfa-49835	166	13	applicable	applicable	ADJ
cjfa-49835	166	14	in	in	ADP
cjfa-49835	166	15	the	the	DET
cjfa-49835	166	16	indian	indian	ADJ
cjfa-49835	166	17	corporate	corporate	ADJ
cjfa-49835	166	18	governance	governance	NOUN
cjfa-49835	166	19	setting	setting	NOUN
cjfa-49835	166	20	.	.	PUNCT
cjfa-49835	167	1	it	it	PRON
cjfa-49835	167	2	suggests	suggest	VERB
cjfa-49835	167	3	an	an	DET
cjfa-49835	167	4	optimal	optimal	ADJ
cjfa-49835	167	5	level	level	NOUN
cjfa-49835	167	6	of	of	ADP
cjfa-49835	167	7	board	board	NOUN
cjfa-49835	167	8	independence	independence	NOUN
cjfa-49835	167	9	conducive	conducive	ADJ
cjfa-49835	167	10	to	to	ADP
cjfa-49835	167	11	enhanced	enhanced	ADJ
cjfa-49835	167	12	firm	firm	ADJ
cjfa-49835	167	13	performance	performance	NOUN
cjfa-49835	167	14	;	;	PUNCT
cjfa-49835	167	15	however	however	ADV
cjfa-49835	167	16	,	,	PUNCT
cjfa-49835	167	17	the	the	DET
cjfa-49835	167	18	benefits	benefit	NOUN
cjfa-49835	167	19	diminish	diminish	VERB
cjfa-49835	167	20	beyond	beyond	ADP
cjfa-49835	167	21	a	a	DET
cjfa-49835	167	22	certain	certain	ADJ
cjfa-49835	167	23	threshold	threshold	NOUN
cjfa-49835	167	24	.	.	PUNCT
cjfa-49835	168	1	excessively	excessively	ADV
cjfa-49835	168	2	high	high	ADJ
cjfa-49835	168	3	levels	level	NOUN
cjfa-49835	168	4	of	of	ADP
cjfa-49835	168	5	board	board	NOUN
cjfa-49835	168	6	independence	independence	NOUN
cjfa-49835	168	7	could	could	AUX
cjfa-49835	168	8	potentially	potentially	ADV
cjfa-49835	168	9	impact	impact	VERB
cjfa-49835	168	10	communication	communication	NOUN
cjfa-49835	168	11	,	,	PUNCT
cjfa-49835	168	12	decision	decision	NOUN
cjfa-49835	168	13	-	-	PUNCT
cjfa-49835	168	14	making	making	NOUN
cjfa-49835	168	15	,	,	PUNCT
cjfa-49835	168	16	and	and	CCONJ
cjfa-49835	168	17	the	the	DET
cjfa-49835	168	18	dynamics	dynamic	NOUN
cjfa-49835	168	19	within	within	ADP
cjfa-49835	168	20	the	the	DET
cjfa-49835	168	21	board	board	NOUN
cjfa-49835	168	22	,	,	PUNCT
cjfa-49835	168	23	in	in	ADP
cjfa-49835	168	24	addition	addition	NOUN
cjfa-49835	168	25	to	to	ADP
cjfa-49835	168	26	escalating	escalate	VERB
cjfa-49835	168	27	agency	agency	NOUN
cjfa-49835	168	28	costs	cost	NOUN
cjfa-49835	168	29	.	.	PUNCT
cjfa-49835	169	1	implications	implication	NOUN
cjfa-49835	169	2	of	of	ADP
cjfa-49835	169	3	the	the	DET
cjfa-49835	169	4	studyimplications	studyimplication	NOUN
cjfa-49835	169	5	of	of	ADP
cjfa-49835	169	6	the	the	DET
cjfa-49835	169	7	study	study	NOUN
cjfa-49835	169	8	the	the	DET
cjfa-49835	169	9	findings	finding	NOUN
cjfa-49835	169	10	of	of	ADP
cjfa-49835	169	11	this	this	DET
cjfa-49835	169	12	research	research	NOUN
cjfa-49835	169	13	shed	shed	VERB
cjfa-49835	169	14	light	light	NOUN
cjfa-49835	169	15	on	on	ADP
cjfa-49835	169	16	critical	critical	ADJ
cjfa-49835	169	17	insights	insight	NOUN
cjfa-49835	169	18	that	that	PRON
cjfa-49835	169	19	are	be	AUX
cjfa-49835	169	20	of	of	ADP
cjfa-49835	169	21	significant	significant	ADJ
cjfa-49835	169	22	importance	importance	NOUN
cjfa-49835	169	23	to	to	ADP
cjfa-49835	169	24	both	both	PRON
cjfa-49835	169	25	corporate	corporate	ADJ
cjfa-49835	169	26	stakeholders	stakeholder	NOUN
cjfa-49835	169	27	and	and	CCONJ
cjfa-49835	169	28	the	the	DET
cjfa-49835	169	29	academic	academic	ADJ
cjfa-49835	169	30	community	community	NOUN
cjfa-49835	169	31	.	.	PUNCT
cjfa-49835	170	1	this	this	DET
cjfa-49835	170	2	study	study	NOUN
cjfa-49835	170	3	elucidates	elucidate	VERB
cjfa-49835	170	4	the	the	DET
cjfa-49835	170	5	complex	complex	ADJ
cjfa-49835	170	6	relationship	relationship	NOUN
cjfa-49835	170	7	between	between	ADP
cjfa-49835	170	8	board	board	NOUN
cjfa-49835	170	9	independence	independence	NOUN
cjfa-49835	170	10	and	and	CCONJ
cjfa-49835	170	11	earnings	earning	NOUN
cjfa-49835	170	12	stability	stability	NOUN
cjfa-49835	170	13	,	,	PUNCT
cjfa-49835	170	14	offering	offer	VERB
cjfa-49835	170	15	valuable	valuable	ADJ
cjfa-49835	170	16	insights	insight	NOUN
cjfa-49835	170	17	for	for	ADP
cjfa-49835	170	18	both	both	CCONJ
cjfa-49835	170	19	institutional	institutional	ADJ
cjfa-49835	170	20	and	and	CCONJ
cjfa-49835	170	21	individual	individual	ADJ
cjfa-49835	170	22	investors	investor	NOUN
cjfa-49835	170	23	.	.	PUNCT
cjfa-49835	171	1	it	it	PRON
cjfa-49835	171	2	provides	provide	VERB
cjfa-49835	171	3	a	a	DET
cjfa-49835	171	4	roadmap	roadmap	NOUN
cjfa-49835	171	5	for	for	ADP
cjfa-49835	171	6	more	more	ADV
cjfa-49835	171	7	informed	informed	ADJ
cjfa-49835	171	8	investment	investment	NOUN
cjfa-49835	171	9	decisions	decision	NOUN
cjfa-49835	171	10	,	,	PUNCT
cjfa-49835	171	11	enabling	enable	VERB
cjfa-49835	171	12	investors	investor	NOUN
cjfa-49835	171	13	to	to	PART
cjfa-49835	171	14	identify	identify	VERB
cjfa-49835	171	15	companies	company	NOUN
cjfa-49835	171	16	that	that	PRON
cjfa-49835	171	17	effectively	effectively	ADV
cjfa-49835	171	18	leverage	leverage	VERB
cjfa-49835	171	19	board	board	NOUN
cjfa-49835	171	20	independence	independence	NOUN
cjfa-49835	171	21	to	to	PART
cjfa-49835	171	22	maximize	maximize	VERB
cjfa-49835	171	23	efficiency	efficiency	NOUN
cjfa-49835	171	24	and	and	CCONJ
cjfa-49835	171	25	achieve	achieve	VERB
cjfa-49835	171	26	desirable	desirable	ADJ
cjfa-49835	171	27	outcomes	outcome	NOUN
cjfa-49835	171	28	.	.	PUNCT
cjfa-49835	172	1	moreover	moreover	ADV
cjfa-49835	172	2	,	,	PUNCT
cjfa-49835	172	3	corporate	corporate	ADJ
cjfa-49835	172	4	management	management	NOUN
cjfa-49835	172	5	can	can	AUX
cjfa-49835	172	6	utilize	utilize	VERB
cjfa-49835	172	7	these	these	DET
cjfa-49835	172	8	findings	finding	NOUN
cjfa-49835	172	9	to	to	PART
cjfa-49835	172	10	strategically	strategically	ADV
cjfa-49835	172	11	design	design	NOUN
cjfa-49835	172	12	boards	board	NOUN
cjfa-49835	172	13	that	that	PRON
cjfa-49835	172	14	promote	promote	VERB
cjfa-49835	172	15	optimal	optimal	ADJ
cjfa-49835	172	16	performance	performance	NOUN
cjfa-49835	172	17	.	.	PUNCT
cjfa-49835	173	1	stock	stock	NOUN
cjfa-49835	173	2	analysts	analyst	NOUN
cjfa-49835	173	3	can	can	AUX
cjfa-49835	173	4	also	also	ADV
cjfa-49835	173	5	benefit	benefit	VERB
cjfa-49835	173	6	from	from	ADP
cjfa-49835	173	7	these	these	DET
cjfa-49835	173	8	findings	finding	NOUN
cjfa-49835	173	9	,	,	PUNCT
cjfa-49835	173	10	as	as	SCONJ
cjfa-49835	173	11	it	it	PRON
cjfa-49835	173	12	enables	enable	VERB
cjfa-49835	173	13	them	they	PRON
cjfa-49835	173	14	to	to	PART
cjfa-49835	173	15	conduct	conduct	VERB
cjfa-49835	173	16	more	more	ADJ
cjfa-49835	173	17	thorough	thorough	ADJ
cjfa-49835	173	18	evaluations	evaluation	NOUN
cjfa-49835	173	19	of	of	ADP
cjfa-49835	173	20	a	a	DET
cjfa-49835	173	21	compa	compa	PROPN
cjfa-49835	173	22	srikanth	srikanth	PROPN
cjfa-49835	173	23	potharla	potharla	PROPN
cjfa-49835	173	24	,	,	PUNCT
cjfa-49835	173	25	suman	suman	PROPN
cjfa-49835	173	26	kolpula8686	kolpula8686	PROPN
cjfa-49835	173	27	ny	ny	PROPN
cjfa-49835	173	28	’s	’s	PROPN
cjfa-49835	173	29	earings	earings	PROPN
cjfa-49835	173	30	potential	potential	NOUN
cjfa-49835	173	31	,	,	PUNCT
cjfa-49835	173	32	leading	lead	VERB
cjfa-49835	173	33	to	to	ADP
cjfa-49835	173	34	richer	rich	ADJ
cjfa-49835	173	35	and	and	CCONJ
cjfa-49835	173	36	more	more	ADV
cjfa-49835	173	37	precise	precise	ADJ
cjfa-49835	173	38	investment	investment	NOUN
cjfa-49835	173	39	advice	advice	NOUN
cjfa-49835	173	40	.	.	PUNCT
cjfa-49835	174	1	academically	academically	ADV
cjfa-49835	174	2	,	,	PUNCT
cjfa-49835	174	3	this	this	DET
cjfa-49835	174	4	research	research	NOUN
cjfa-49835	174	5	opens	open	VERB
cjfa-49835	174	6	new	new	ADJ
cjfa-49835	174	7	avenues	avenue	NOUN
cjfa-49835	174	8	for	for	ADP
cjfa-49835	174	9	studying	study	VERB
cjfa-49835	174	10	the	the	DET
cjfa-49835	174	11	relationship	relationship	NOUN
cjfa-49835	174	12	between	between	ADP
cjfa-49835	174	13	board	board	NOUN
cjfa-49835	174	14	characteristics	characteristic	NOUN
cjfa-49835	174	15	and	and	CCONJ
cjfa-49835	174	16	a	a	DET
cjfa-49835	174	17	company	company	NOUN
cjfa-49835	174	18	’s	’s	PART
cjfa-49835	174	19	path	path	NOUN
cjfa-49835	174	20	to	to	ADP
cjfa-49835	174	21	long	long	ADJ
cjfa-49835	174	22	-	-	PUNCT
cjfa-49835	174	23	term	term	NOUN
cjfa-49835	174	24	success	success	NOUN
cjfa-49835	174	25	.	.	PUNCT
cjfa-49835	175	1	this	this	DET
cjfa-49835	175	2	study	study	NOUN
cjfa-49835	175	3	not	not	PART
cjfa-49835	175	4	only	only	ADV
cjfa-49835	175	5	enhances	enhance	VERB
cjfa-49835	175	6	decision	decision	NOUN
cjfa-49835	175	7	-	-	PUNCT
cjfa-49835	175	8	making	make	VERB
cjfa-49835	175	9	tools	tool	NOUN
cjfa-49835	175	10	for	for	ADP
cjfa-49835	175	11	investors	investor	NOUN
cjfa-49835	175	12	and	and	CCONJ
cjfa-49835	175	13	market	market	NOUN
cjfa-49835	175	14	analysts	analyst	NOUN
cjfa-49835	175	15	but	but	CCONJ
cjfa-49835	175	16	also	also	ADV
cjfa-49835	175	17	stimuluses	stimuluse	VERB
cjfa-49835	175	18	innovative	innovative	ADJ
cjfa-49835	175	19	discussions	discussion	NOUN
cjfa-49835	175	20	in	in	ADP
cjfa-49835	175	21	academic	academic	ADJ
cjfa-49835	175	22	realms	realm	NOUN
cjfa-49835	175	23	.	.	PUNCT
cjfa-49835	175	24	 	 	SPACE
cjfa-49835	176	1	references	reference	NOUN
cjfa-49835	176	2	 	 	SPACE
cjfa-49835	176	3	references	reference	NOUN
cjfa-49835	176	4	abor	abor	PROPN
cjfa-49835	176	5	,	,	PUNCT
cjfa-49835	176	6	j.	j.	PROPN
cjfa-49835	176	7	,	,	PUNCT
cjfa-49835	176	8	&	&	CCONJ
cjfa-49835	176	9	biekpe	biekpe	NOUN
cjfa-49835	176	10	,	,	PUNCT
cjfa-49835	176	11	n.	n.	NOUN
cjfa-49835	176	12	(	(	PUNCT
cjfa-49835	176	13	2007	2007	NUM
cjfa-49835	176	14	)	)	PUNCT
cjfa-49835	176	15	.	.	PUNCT
cjfa-49835	177	1	corporate	corporate	ADJ
cjfa-49835	177	2	governance	governance	NOUN
cjfa-49835	177	3	,	,	PUNCT
cjfa-49835	177	4	ownership	ownership	NOUN
cjfa-49835	177	5	structure	structure	NOUN
cjfa-49835	177	6	and	and	CCONJ
cjfa-49835	177	7	performance	performance	NOUN
cjfa-49835	177	8	of	of	ADP
cjfa-49835	177	9	smes	sme	NOUN
cjfa-49835	177	10	in	in	ADP
cjfa-49835	177	11	ghana	ghana	PROPN
cjfa-49835	177	12	:	:	PUNCT
cjfa-49835	177	13	implications	implication	NOUN
cjfa-49835	177	14	for	for	ADP
cjfa-49835	177	15	financing	finance	VERB
cjfa-49835	177	16	opportunities	opportunity	NOUN
cjfa-49835	177	17	.	.	PUNCT
cjfa-49835	178	1	corporate	corporate	ADJ
cjfa-49835	178	2	governance	governance	NOUN
cjfa-49835	178	3	:	:	PUNCT
cjfa-49835	178	4	the	the	DET
cjfa-49835	178	5	international	international	ADJ
cjfa-49835	178	6	journal	journal	NOUN
cjfa-49835	178	7	of	of	ADP
cjfa-49835	178	8	business	business	NOUN
cjfa-49835	178	9	in	in	ADP
cjfa-49835	178	10	society	society	NOUN
cjfa-49835	178	11	,	,	PUNCT
cjfa-49835	178	12	7(3	7(3	NUM
cjfa-49835	178	13	)	)	PUNCT
cjfa-49835	178	14	.	.	PUNCT
cjfa-49835	179	1	https://doi	https://doi	X
cjfa-49835	179	2	.	.	PUNCT
cjfa-49835	179	3	org/10.1108/14720700710756562	org/10.1108/14720700710756562	PROPN
cjfa-49835	179	4	.	.	PUNCT
cjfa-49835	179	5	barnhart	barnhart	PROPN
cjfa-49835	179	6	,	,	PUNCT
cjfa-49835	179	7	s.w	s.w	PROPN
cjfa-49835	179	8	.	.	PROPN
cjfa-49835	179	9	,	,	PUNCT
cjfa-49835	179	10	marr	marr	PROPN
cjfa-49835	179	11	,	,	PUNCT
cjfa-49835	179	12	m.w	m.w	PROPN
cjfa-49835	179	13	.	.	PROPN
cjfa-49835	179	14	,	,	PUNCT
cjfa-49835	179	15	&	&	CCONJ
cjfa-49835	179	16	rosenstein	rosenstein	PROPN
cjfa-49835	179	17	,	,	PUNCT
cjfa-49835	179	18	s.	s.	PROPN
cjfa-49835	179	19	(	(	PUNCT
cjfa-49835	179	20	1994	1994	NUM
cjfa-49835	179	21	)	)	PUNCT
cjfa-49835	179	22	.	.	PUNCT
cjfa-49835	180	1	firm	firm	ADJ
cjfa-49835	180	2	performance	performance	NOUN
cjfa-49835	180	3	and	and	CCONJ
cjfa-49835	180	4	board	board	NOUN
cjfa-49835	180	5	composition	composition	NOUN
cjfa-49835	180	6	:	:	PUNCT
cjfa-49835	180	7	some	some	DET
cjfa-49835	180	8	new	new	ADJ
cjfa-49835	180	9	evidence	evidence	NOUN
cjfa-49835	180	10	.	.	PUNCT
cjfa-49835	181	1	managerial	managerial	ADJ
cjfa-49835	181	2	and	and	CCONJ
cjfa-49835	181	3	decision	decision	NOUN
cjfa-49835	181	4	economics	economic	NOUN
cjfa-49835	181	5	,	,	PUNCT
cjfa-49835	181	6	15(4	15(4	NUM
cjfa-49835	181	7	)	)	PUNCT
cjfa-49835	181	8	,	,	PUNCT
cjfa-49835	181	9	329–340	329–340	NUM
cjfa-49835	181	10	.	.	PUNCT
cjfa-49835	182	1	https://doi.org/10.1002/mde.4090150407	https://doi.org/10.1002/mde.4090150407	PROPN
cjfa-49835	182	2	.	.	PUNCT
cjfa-49835	182	3	barnhart	barnhart	PROPN
cjfa-49835	182	4	,	,	PUNCT
cjfa-49835	182	5	s.w	s.w	PROPN
cjfa-49835	182	6	.	.	PROPN
cjfa-49835	182	7	,	,	PUNCT
cjfa-49835	182	8	&	&	CCONJ
cjfa-49835	182	9	rosenstein	rosenstein	PROPN
cjfa-49835	182	10	,	,	PUNCT
cjfa-49835	182	11	s.	s.	PROPN
cjfa-49835	182	12	(	(	PUNCT
cjfa-49835	182	13	1998	1998	NUM
cjfa-49835	182	14	)	)	PUNCT
cjfa-49835	182	15	.	.	PUNCT
cjfa-49835	183	1	board	board	NOUN
cjfa-49835	183	2	composition	composition	NOUN
cjfa-49835	183	3	,	,	PUNCT
cjfa-49835	183	4	managerial	managerial	ADJ
cjfa-49835	183	5	ownership	ownership	NOUN
cjfa-49835	183	6	,	,	PUNCT
cjfa-49835	183	7	and	and	CCONJ
cjfa-49835	183	8	firm	firm	ADJ
cjfa-49835	183	9	performance	performance	NOUN
cjfa-49835	183	10	:	:	PUNCT
cjfa-49835	183	11	an	an	DET
cjfa-49835	183	12	empirical	empirical	ADJ
cjfa-49835	183	13	analysis	analysis	NOUN
cjfa-49835	183	14	.	.	PUNCT
cjfa-49835	184	1	the	the	DET
cjfa-49835	184	2	financial	financial	PROPN
cjfa-49835	184	3	review	review	NOUN
cjfa-49835	184	4	,	,	PUNCT
cjfa-49835	184	5	33(4	33(4	NUM
cjfa-49835	184	6	)	)	PUNCT
cjfa-49835	184	7	,	,	PUNCT
cjfa-49835	184	8	1	1	NUM
cjfa-49835	184	9	-	-	SYM
cjfa-49835	184	10	16	16	NUM
cjfa-49835	184	11	.	.	PUNCT
cjfa-49835	185	1	https://	https://	PROPN
cjfa-49835	185	2	doi.org/10.1111/j.1540-6288.1998.tb01393.x	doi.org/10.1111/j.1540-6288.1998.tb01393.x	PROPN
cjfa-49835	185	3	.	.	PROPN
cjfa-49835	185	4	chakraborty	chakraborty	PROPN
cjfa-49835	185	5	,	,	PUNCT
cjfa-49835	185	6	b.	b.	PROPN
cjfa-49835	185	7	(	(	PUNCT
cjfa-49835	185	8	2023	2023	NUM
cjfa-49835	185	9	)	)	PUNCT
cjfa-49835	185	10	.	.	PUNCT
cjfa-49835	186	1	does	do	AUX
cjfa-49835	186	2	board	board	NOUN
cjfa-49835	186	3	structure	structure	NOUN
cjfa-49835	186	4	and	and	CCONJ
cjfa-49835	186	5	ownership	ownership	NOUN
cjfa-49835	186	6	structure	structure	NOUN
cjfa-49835	186	7	influence	influence	NOUN
cjfa-49835	186	8	the	the	DET
cjfa-49835	186	9	performance	performance	NOUN
cjfa-49835	186	10	of	of	ADP
cjfa-49835	186	11	listed	list	VERB
cjfa-49835	186	12	companies	company	NOUN
cjfa-49835	186	13	:	:	PUNCT
cjfa-49835	186	14	evidence	evidence	NOUN
cjfa-49835	186	15	from	from	ADP
cjfa-49835	186	16	pharmaceuticals	pharmaceutical	NOUN
cjfa-49835	186	17	and	and	CCONJ
cjfa-49835	186	18	chemical	chemical	NOUN
cjfa-49835	186	19	industry	industry	NOUN
cjfa-49835	186	20	of	of	ADP
cjfa-49835	186	21	bangladesh	bangladesh	PROPN
cjfa-49835	186	22	?	?	PUNCT
cjfa-49835	187	1	copernican	copernican	PROPN
cjfa-49835	187	2	journal	journal	PROPN
cjfa-49835	187	3	of	of	ADP
cjfa-49835	187	4	finance	finance	PROPN
cjfa-49835	187	5	&	&	CCONJ
cjfa-49835	187	6	accounting	accounting	PROPN
cjfa-49835	187	7	,	,	PUNCT
cjfa-49835	187	8	12(1	12(1	NUM
cjfa-49835	187	9	)	)	PUNCT
cjfa-49835	187	10	,	,	PUNCT
cjfa-49835	187	11	29–45	29–45	NUM
cjfa-49835	187	12	.	.	PUNCT
cjfa-49835	188	1	https://doi.org/10.12775/cjfa.2023.002	https://doi.org/10.12775/cjfa.2023.002	PROPN
cjfa-49835	188	2	.	.	PUNCT
cjfa-49835	189	1	dalton	dalton	PROPN
cjfa-49835	189	2	,	,	PUNCT
cjfa-49835	189	3	d.r	d.r	PROPN
cjfa-49835	189	4	.	.	PROPN
cjfa-49835	189	5	,	,	PUNCT
cjfa-49835	189	6	daily	daily	PROPN
cjfa-49835	189	7	,	,	PUNCT
cjfa-49835	189	8	c.m	c.m	PROPN
cjfa-49835	189	9	.	.	PROPN
cjfa-49835	189	10	,	,	PUNCT
cjfa-49835	189	11	johnson	johnson	PROPN
cjfa-49835	189	12	,	,	PUNCT
cjfa-49835	189	13	j.l	j.l	PROPN
cjfa-49835	189	14	.	.	PROPN
cjfa-49835	189	15	,	,	PUNCT
cjfa-49835	189	16	&	&	CCONJ
cjfa-49835	189	17	ellstrand	ellstrand	NOUN
cjfa-49835	189	18	,	,	PUNCT
cjfa-49835	189	19	a.e	a.e	PROPN
cjfa-49835	189	20	.	.	PROPN
cjfa-49835	189	21	(	(	PUNCT
cjfa-49835	189	22	1999	1999	NUM
cjfa-49835	189	23	)	)	PUNCT
cjfa-49835	189	24	.	.	PUNCT
cjfa-49835	190	1	number	number	NOUN
cjfa-49835	190	2	of	of	ADP
cjfa-49835	190	3	directors	director	NOUN
cjfa-49835	190	4	and	and	CCONJ
cjfa-49835	190	5	financial	financial	ADJ
cjfa-49835	190	6	performance	performance	NOUN
cjfa-49835	190	7	:	:	PUNCT
cjfa-49835	190	8	a	a	DET
cjfa-49835	190	9	meta	meta	ADJ
cjfa-49835	190	10	-	-	PUNCT
cjfa-49835	190	11	analysis	analysis	NOUN
cjfa-49835	190	12	.	.	PUNCT
cjfa-49835	191	1	academy	academy	PROPN
cjfa-49835	191	2	of	of	ADP
cjfa-49835	191	3	management	management	PROPN
cjfa-49835	191	4	journal	journal	NOUN
cjfa-49835	191	5	,	,	PUNCT
cjfa-49835	191	6	42(6	42(6	NOUN
cjfa-49835	191	7	)	)	PUNCT
cjfa-49835	191	8	,	,	PUNCT
cjfa-49835	191	9	674	674	NUM
cjfa-49835	191	10	-	-	SYM
cjfa-49835	191	11	686	686	NUM
cjfa-49835	191	12	.	.	PUNCT
cjfa-49835	192	1	https://doi.org/10.5465/256988	https://doi.org/10.5465/256988	PROPN
cjfa-49835	192	2	.	.	PUNCT
cjfa-49835	193	1	dalton	dalton	PROPN
cjfa-49835	193	2	,	,	PUNCT
cjfa-49835	193	3	d.r	d.r	PROPN
cjfa-49835	193	4	.	.	PROPN
cjfa-49835	193	5	,	,	PUNCT
cjfa-49835	193	6	hitt	hitt	PROPN
cjfa-49835	193	7	,	,	PUNCT
cjfa-49835	193	8	m.a	m.a	PROPN
cjfa-49835	193	9	.	.	PROPN
cjfa-49835	193	10	,	,	PUNCT
cjfa-49835	193	11	certo	certo	PROPN
cjfa-49835	193	12	,	,	PUNCT
cjfa-49835	193	13	s.t	s.t	PROPN
cjfa-49835	193	14	.	.	PROPN
cjfa-49835	193	15	,	,	PUNCT
cjfa-49835	193	16	&	&	CCONJ
cjfa-49835	193	17	dalton	dalton	PROPN
cjfa-49835	193	18	,	,	PUNCT
cjfa-49835	193	19	c.m	c.m	PROPN
cjfa-49835	193	20	.	.	PROPN
cjfa-49835	193	21	(	(	PUNCT
cjfa-49835	193	22	2007	2007	NUM
cjfa-49835	193	23	)	)	PUNCT
cjfa-49835	193	24	.	.	PUNCT
cjfa-49835	194	1	1	1	NUM
cjfa-49835	195	1	the	the	DET
cjfa-49835	195	2	fundamental	fundamental	ADJ
cjfa-49835	195	3	agency	agency	NOUN
cjfa-49835	195	4	problem	problem	NOUN
cjfa-49835	195	5	and	and	CCONJ
cjfa-49835	195	6	its	its	PRON
cjfa-49835	195	7	mitigation	mitigation	NOUN
cjfa-49835	195	8	:	:	PUNCT
cjfa-49835	195	9	independence	independence	NOUN
cjfa-49835	195	10	,	,	PUNCT
cjfa-49835	195	11	equity	equity	NOUN
cjfa-49835	195	12	,	,	PUNCT
cjfa-49835	195	13	and	and	CCONJ
cjfa-49835	195	14	the	the	DET
cjfa-49835	195	15	market	market	NOUN
cjfa-49835	195	16	for	for	ADP
cjfa-49835	195	17	corporate	corporate	ADJ
cjfa-49835	195	18	control	control	NOUN
cjfa-49835	195	19	.	.	PUNCT
cjfa-49835	196	1	academy	academy	PROPN
cjfa-49835	196	2	of	of	ADP
cjfa-49835	196	3	management	management	NOUN
cjfa-49835	196	4	annals	annal	NOUN
cjfa-49835	196	5	,	,	PUNCT
cjfa-49835	196	6	1(1	1(1	NUM
cjfa-49835	196	7	)	)	PUNCT
cjfa-49835	196	8	,	,	PUNCT
cjfa-49835	196	9	1–64	1–64	PROPN
cjfa-49835	196	10	.	.	PUNCT
cjfa-49835	197	1	https://doi.org/10.1080/078559806	https://doi.org/10.1080/078559806	PROPN
cjfa-49835	197	2	.	.	PUNCT
cjfa-49835	198	1	davis	davis	PROPN
cjfa-49835	198	2	,	,	PUNCT
cjfa-49835	198	3	j.	j.	PROPN
cjfa-49835	198	4	,	,	PUNCT
cjfa-49835	198	5	frankforter	frankforter	PROPN
cjfa-49835	198	6	,	,	PUNCT
cjfa-49835	198	7	s.	s.	PROPN
cjfa-49835	198	8	,	,	PUNCT
cjfa-49835	198	9	vollrath	vollrath	PROPN
cjfa-49835	198	10	,	,	PUNCT
cjfa-49835	198	11	d.	d.	PROPN
cjfa-49835	198	12	,	,	PUNCT
cjfa-49835	198	13	&	&	CCONJ
cjfa-49835	198	14	hill	hill	PROPN
cjfa-49835	198	15	,	,	PUNCT
cjfa-49835	198	16	v.	v.	PROPN
cjfa-49835	198	17	(	(	PUNCT
cjfa-49835	198	18	2007	2007	NUM
cjfa-49835	198	19	)	)	PUNCT
cjfa-49835	198	20	.	.	PUNCT
cjfa-49835	199	1	an	an	DET
cjfa-49835	199	2	empirical	empirical	ADJ
cjfa-49835	199	3	test	test	NOUN
cjfa-49835	199	4	of	of	ADP
cjfa-49835	199	5	stewardship	stewardship	NOUN
cjfa-49835	199	6	theory	theory	NOUN
cjfa-49835	199	7	.	.	PUNCT
cjfa-49835	200	1	journal	journal	PROPN
cjfa-49835	200	2	of	of	ADP
cjfa-49835	200	3	business	business	PROPN
cjfa-49835	200	4	&	&	CCONJ
cjfa-49835	200	5	leadership	leadership	PROPN
cjfa-49835	200	6	:	:	PUNCT
cjfa-49835	200	7	research	research	NOUN
cjfa-49835	200	8	,	,	PUNCT
cjfa-49835	200	9	practice	practice	NOUN
cjfa-49835	200	10	,	,	PUNCT
cjfa-49835	200	11	and	and	CCONJ
cjfa-49835	200	12	teaching	teaching	NOUN
cjfa-49835	200	13	(	(	PUNCT
cjfa-49835	200	14	2005	2005	NUM
cjfa-49835	200	15	–	–	PUNCT
cjfa-49835	200	16	2012	2012	NUM
cjfa-49835	200	17	)	)	PUNCT
cjfa-49835	200	18	,	,	PUNCT
cjfa-49835	200	19	3(1	3(1	NUM
cjfa-49835	200	20	)	)	PUNCT
cjfa-49835	200	21	,	,	PUNCT
cjfa-49835	200	22	40–50	40–50	NUM
cjfa-49835	200	23	.	.	PUNCT
cjfa-49835	201	1	https://doi.org/10.58809/mesc2666	https://doi.org/10.58809/mesc2666	PROPN
cjfa-49835	201	2	.	.	PUNCT
cjfa-49835	202	1	de	de	X
cjfa-49835	202	2	andres	andres	PROPN
cjfa-49835	202	3	,	,	PUNCT
cjfa-49835	202	4	p.	p.	NOUN
cjfa-49835	202	5	,	,	PUNCT
cjfa-49835	202	6	&	&	CCONJ
cjfa-49835	202	7	vallelado	vallelado	NOUN
cjfa-49835	202	8	,	,	PUNCT
cjfa-49835	202	9	e.	e.	PROPN
cjfa-49835	202	10	(	(	PUNCT
cjfa-49835	202	11	2008	2008	NUM
cjfa-49835	202	12	)	)	PUNCT
cjfa-49835	202	13	.	.	PUNCT
cjfa-49835	203	1	corporate	corporate	ADJ
cjfa-49835	203	2	governance	governance	NOUN
cjfa-49835	203	3	in	in	ADP
cjfa-49835	203	4	banking	banking	NOUN
cjfa-49835	203	5	:	:	PUNCT
cjfa-49835	203	6	the	the	DET
cjfa-49835	203	7	role	role	NOUN
cjfa-49835	203	8	of	of	ADP
cjfa-49835	203	9	the	the	DET
cjfa-49835	203	10	board	board	NOUN
cjfa-49835	203	11	of	of	ADP
cjfa-49835	203	12	directors	director	NOUN
cjfa-49835	203	13	.	.	PUNCT
cjfa-49835	204	1	journal	journal	NOUN
cjfa-49835	204	2	of	of	ADP
cjfa-49835	204	3	banking	banking	NOUN
cjfa-49835	204	4	and	and	CCONJ
cjfa-49835	204	5	finance	finance	NOUN
cjfa-49835	204	6	,	,	PUNCT
cjfa-49835	204	7	32(12	32(12	NUM
cjfa-49835	204	8	)	)	PUNCT
cjfa-49835	204	9	,	,	PUNCT
cjfa-49835	204	10	2570–2580	2570–2580	NUM
cjfa-49835	204	11	.	.	PUNCT
cjfa-49835	205	1	https://doi	https://doi	PROPN
cjfa-49835	205	2	.	.	PUNCT
cjfa-49835	205	3	org/10.1016	org/10.1016	PROPN
cjfa-49835	205	4	/	/	SYM
cjfa-49835	205	5	j.jbankfin.2008.05.008	j.jbankfin.2008.05.008	PROPN
cjfa-49835	205	6	.	.	PUNCT
cjfa-49835	205	7	deloof	deloof	PROPN
cjfa-49835	205	8	,	,	PUNCT
cjfa-49835	205	9	m.	m.	NOUN
cjfa-49835	205	10	(	(	PUNCT
cjfa-49835	205	11	2003	2003	NUM
cjfa-49835	205	12	)	)	PUNCT
cjfa-49835	205	13	.	.	PUNCT
cjfa-49835	206	1	does	do	AUX
cjfa-49835	206	2	working	work	VERB
cjfa-49835	206	3	capital	capital	NOUN
cjfa-49835	206	4	management	management	NOUN
cjfa-49835	206	5	affect	affect	VERB
cjfa-49835	206	6	profitability	profitability	NOUN
cjfa-49835	206	7	of	of	ADP
cjfa-49835	206	8	belgian	belgian	ADJ
cjfa-49835	206	9	firms	firm	NOUN
cjfa-49835	206	10	?	?	PUNCT
cjfa-49835	207	1	journal	journal	NOUN
cjfa-49835	207	2	of	of	ADP
cjfa-49835	207	3	business	business	NOUN
cjfa-49835	207	4	finance	finance	PROPN
cjfa-49835	207	5	&	&	CCONJ
cjfa-49835	207	6	accounting	accounting	PROPN
cjfa-49835	207	7	,	,	PUNCT
cjfa-49835	207	8	30(3	30(3	NOUN
cjfa-49835	207	9	-	-	SYM
cjfa-49835	207	10	4	4	NUM
cjfa-49835	207	11	)	)	PUNCT
cjfa-49835	207	12	,	,	PUNCT
cjfa-49835	207	13	573–588	573–588	NUM
cjfa-49835	207	14	.	.	PUNCT
cjfa-49835	208	1	https://doi	https://doi	NOUN
cjfa-49835	208	2	.	.	PUNCT
cjfa-49835	208	3	org/10.1111/1468	org/10.1111/1468	NOUN
cjfa-49835	208	4	-	-	PUNCT
cjfa-49835	208	5	5957.00008	5957.00008	NOUN
cjfa-49835	208	6	.	.	PUNCT
cjfa-49835	209	1	donaldson	donaldson	PROPN
cjfa-49835	209	2	,	,	PUNCT
cjfa-49835	209	3	l.	l.	PROPN
cjfa-49835	209	4	,	,	PUNCT
cjfa-49835	209	5	&	&	CCONJ
cjfa-49835	209	6	davis	davis	PROPN
cjfa-49835	209	7	,	,	PUNCT
cjfa-49835	209	8	j.h	j.h	PROPN
cjfa-49835	209	9	.	.	PROPN
cjfa-49835	209	10	(	(	PUNCT
cjfa-49835	209	11	1991	1991	NUM
cjfa-49835	209	12	)	)	PUNCT
cjfa-49835	209	13	.	.	PUNCT
cjfa-49835	210	1	stewardship	stewardship	NOUN
cjfa-49835	210	2	theory	theory	NOUN
cjfa-49835	210	3	or	or	CCONJ
cjfa-49835	210	4	agency	agency	NOUN
cjfa-49835	210	5	theory	theory	NOUN
cjfa-49835	210	6	:	:	PUNCT
cjfa-49835	210	7	ceo	ceo	NOUN
cjfa-49835	210	8	governance	governance	NOUN
cjfa-49835	210	9	and	and	CCONJ
cjfa-49835	210	10	shareholder	shareholder	NOUN
cjfa-49835	210	11	returns	return	NOUN
cjfa-49835	210	12	.	.	PUNCT
cjfa-49835	211	1	australian	australian	ADJ
cjfa-49835	211	2	journal	journal	NOUN
cjfa-49835	211	3	of	of	ADP
cjfa-49835	211	4	management	management	NOUN
cjfa-49835	211	5	,	,	PUNCT
cjfa-49835	211	6	16(1	16(1	NUM
cjfa-49835	211	7	)	)	PUNCT
cjfa-49835	211	8	,	,	PUNCT
cjfa-49835	211	9	49–64	49–64	PROPN
cjfa-49835	211	10	.	.	PUNCT
cjfa-49835	212	1	https://doi.org/10.1177/031289629101600103	https://doi.org/10.1177/031289629101600103	PROPN
cjfa-49835	212	2	.	.	PUNCT
cjfa-49835	213	1	fama	fama	PROPN
cjfa-49835	213	2	,	,	PUNCT
cjfa-49835	213	3	e.f	e.f	PROPN
cjfa-49835	213	4	.	.	PROPN
cjfa-49835	213	5	,	,	PUNCT
cjfa-49835	213	6	&	&	CCONJ
cjfa-49835	213	7	jensen	jensen	PROPN
cjfa-49835	213	8	,	,	PUNCT
cjfa-49835	213	9	m.c	m.c	PROPN
cjfa-49835	213	10	.	.	PROPN
cjfa-49835	213	11	(	(	PUNCT
cjfa-49835	213	12	1983	1983	NUM
cjfa-49835	213	13	)	)	PUNCT
cjfa-49835	213	14	.	.	PUNCT
cjfa-49835	214	1	separation	separation	NOUN
cjfa-49835	214	2	of	of	ADP
cjfa-49835	214	3	ownership	ownership	NOUN
cjfa-49835	214	4	and	and	CCONJ
cjfa-49835	214	5	control	control	NOUN
cjfa-49835	214	6	.	.	PUNCT
cjfa-49835	215	1	the	the	DET
cjfa-49835	215	2	journal	journal	NOUN
cjfa-49835	215	3	of	of	ADP
cjfa-49835	215	4	law	law	NOUN
cjfa-49835	215	5	and	and	CCONJ
cjfa-49835	215	6	economics	economic	NOUN
cjfa-49835	215	7	,	,	PUNCT
cjfa-49835	215	8	26(2	26(2	NUM
cjfa-49835	215	9	)	)	PUNCT
cjfa-49835	215	10	,	,	PUNCT
cjfa-49835	215	11	301–325	301–325	NUM
cjfa-49835	215	12	.	.	PUNCT
cjfa-49835	216	1	https://doi.org/10.1086/467037	https://doi.org/10.1086/467037	X
cjfa-49835	216	2	.	.	PUNCT
cjfa-49835	217	1	board	board	NOUN
cjfa-49835	217	2	independence	independence	NOUN
cjfa-49835	217	3	and	and	CCONJ
cjfa-49835	217	4	earnings	earning	NOUN
cjfa-49835	217	5	stability	stability	NOUN
cjfa-49835	217	6	…	…	PUNCT
cjfa-49835	217	7	8787	8787	NUM
cjfa-49835	217	8	gillan	gillan	PROPN
cjfa-49835	217	9	,	,	PUNCT
cjfa-49835	217	10	s.l	s.l	PROPN
cjfa-49835	217	11	.	.	PROPN
cjfa-49835	217	12	,	,	PUNCT
cjfa-49835	217	13	&	&	CCONJ
cjfa-49835	217	14	starks	starks	PROPN
cjfa-49835	217	15	,	,	PUNCT
cjfa-49835	217	16	l.t	l.t	PROPN
cjfa-49835	217	17	.	.	PROPN
cjfa-49835	217	18	(	(	PUNCT
cjfa-49835	217	19	2000	2000	NUM
cjfa-49835	217	20	)	)	PUNCT
cjfa-49835	217	21	.	.	PUNCT
cjfa-49835	218	1	corporate	corporate	ADJ
cjfa-49835	218	2	governance	governance	NOUN
cjfa-49835	218	3	proposals	proposal	NOUN
cjfa-49835	218	4	and	and	CCONJ
cjfa-49835	218	5	shareholder	shareholder	NOUN
cjfa-49835	218	6	activism	activism	NOUN
cjfa-49835	218	7	:	:	PUNCT
cjfa-49835	218	8	the	the	DET
cjfa-49835	218	9	role	role	NOUN
cjfa-49835	218	10	of	of	ADP
cjfa-49835	218	11	institutional	institutional	ADJ
cjfa-49835	218	12	investors	investor	NOUN
cjfa-49835	218	13	.	.	PUNCT
cjfa-49835	219	1	journal	journal	PROPN
cjfa-49835	219	2	of	of	ADP
cjfa-49835	219	3	financial	financial	ADJ
cjfa-49835	219	4	economics	economic	NOUN
cjfa-49835	219	5	,	,	PUNCT
cjfa-49835	219	6	57(2	57(2	NUM
cjfa-49835	219	7	)	)	PUNCT
cjfa-49835	219	8	,	,	PUNCT
cjfa-49835	219	9	275–305	275–305	NUM
cjfa-49835	219	10	.	.	PUNCT
cjfa-49835	220	1	https://doi.org/10.1016/s0304-405x(00)00058-1	https://doi.org/10.1016/s0304-405x(00)00058-1	PROPN
cjfa-49835	220	2	.	.	PUNCT
cjfa-49835	221	1	hermalin	hermalin	PROPN
cjfa-49835	221	2	,	,	PUNCT
cjfa-49835	221	3	b.e	b.e	PROPN
cjfa-49835	221	4	.	.	PROPN
cjfa-49835	221	5	,	,	PUNCT
cjfa-49835	221	6	&	&	CCONJ
cjfa-49835	221	7	weisbach	weisbach	PROPN
cjfa-49835	221	8	,	,	PUNCT
cjfa-49835	221	9	m.s	m.s	PROPN
cjfa-49835	221	10	.	.	PROPN
cjfa-49835	221	11	(	(	PUNCT
cjfa-49835	221	12	1991	1991	NUM
cjfa-49835	221	13	)	)	PUNCT
cjfa-49835	221	14	.	.	PUNCT
cjfa-49835	222	1	the	the	DET
cjfa-49835	222	2	effects	effect	NOUN
cjfa-49835	222	3	of	of	ADP
cjfa-49835	222	4	board	board	NOUN
cjfa-49835	222	5	composition	composition	NOUN
cjfa-49835	222	6	and	and	CCONJ
cjfa-49835	222	7	direct	direct	ADJ
cjfa-49835	222	8	incentives	incentive	NOUN
cjfa-49835	222	9	on	on	ADP
cjfa-49835	222	10	firm	firm	ADJ
cjfa-49835	222	11	performance	performance	NOUN
cjfa-49835	222	12	.	.	PUNCT
cjfa-49835	223	1	financial	financial	ADJ
cjfa-49835	223	2	management	management	NOUN
cjfa-49835	223	3	,	,	PUNCT
cjfa-49835	223	4	20(4	20(4	NOUN
cjfa-49835	223	5	)	)	PUNCT
cjfa-49835	223	6	,	,	PUNCT
cjfa-49835	223	7	101–112	101–112	NUM
cjfa-49835	223	8	.	.	PUNCT
cjfa-49835	224	1	https://doi	https://doi	NOUN
cjfa-49835	224	2	.	.	PUNCT
cjfa-49835	224	3	org/10.2307/3665716	org/10.2307/3665716	PROPN
cjfa-49835	224	4	.	.	PUNCT
cjfa-49835	225	1	hillman	hillman	PROPN
cjfa-49835	225	2	,	,	PUNCT
cjfa-49835	225	3	a.j	a.j	PROPN
cjfa-49835	225	4	.	.	PROPN
cjfa-49835	225	5	,	,	PUNCT
cjfa-49835	225	6	cannella	cannella	PROPN
cjfa-49835	225	7	,	,	PUNCT
cjfa-49835	225	8	a.a	a.a	PROPN
cjfa-49835	225	9	.	.	PROPN
cjfa-49835	225	10	,	,	PUNCT
cjfa-49835	225	11	&	&	CCONJ
cjfa-49835	225	12	paetzold	paetzold	ADJ
cjfa-49835	225	13	,	,	PUNCT
cjfa-49835	225	14	r.l	r.l	PROPN
cjfa-49835	225	15	.	.	PROPN
cjfa-49835	225	16	(	(	PUNCT
cjfa-49835	225	17	2000	2000	NUM
cjfa-49835	225	18	)	)	PUNCT
cjfa-49835	225	19	.	.	PUNCT
cjfa-49835	226	1	the	the	DET
cjfa-49835	226	2	resource	resource	NOUN
cjfa-49835	226	3	dependence	dependence	NOUN
cjfa-49835	226	4	role	role	NOUN
cjfa-49835	226	5	of	of	ADP
cjfa-49835	226	6	corporate	corporate	ADJ
cjfa-49835	226	7	directors	director	NOUN
cjfa-49835	226	8	:	:	PUNCT
cjfa-49835	226	9	strategic	strategic	ADJ
cjfa-49835	226	10	adaptation	adaptation	NOUN
cjfa-49835	226	11	of	of	ADP
cjfa-49835	226	12	board	board	NOUN
cjfa-49835	226	13	composition	composition	NOUN
cjfa-49835	226	14	in	in	ADP
cjfa-49835	226	15	response	response	NOUN
cjfa-49835	226	16	to	to	ADP
cjfa-49835	226	17	environmental	environmental	ADJ
cjfa-49835	226	18	change	change	NOUN
cjfa-49835	226	19	.	.	PUNCT
cjfa-49835	227	1	journal	journal	NOUN
cjfa-49835	227	2	of	of	ADP
cjfa-49835	227	3	management	management	NOUN
cjfa-49835	227	4	studies	study	NOUN
cjfa-49835	227	5	,	,	PUNCT
cjfa-49835	227	6	37(2	37(2	PRON
cjfa-49835	227	7	)	)	PUNCT
cjfa-49835	227	8	,	,	PUNCT
cjfa-49835	227	9	235–256	235–256	NUM
cjfa-49835	227	10	.	.	PUNCT
cjfa-49835	228	1	https://doi	https://doi	NOUN
cjfa-49835	228	2	.	.	PUNCT
cjfa-49835	228	3	org/10.1111/1467	org/10.1111/1467	PROPN
cjfa-49835	228	4	-	-	PUNCT
cjfa-49835	228	5	6486.00179	6486.00179	NOUN
cjfa-49835	228	6	.	.	PUNCT
cjfa-49835	229	1	jensen	jensen	PROPN
cjfa-49835	229	2	,	,	PUNCT
cjfa-49835	229	3	m.c	m.c	PROPN
cjfa-49835	229	4	.	.	PROPN
cjfa-49835	229	5	,	,	PUNCT
cjfa-49835	229	6	&	&	CCONJ
cjfa-49835	229	7	meckling	meckling	PROPN
cjfa-49835	229	8	,	,	PUNCT
cjfa-49835	229	9	w.h	w.h	PROPN
cjfa-49835	229	10	.	.	PROPN
cjfa-49835	229	11	(	(	PUNCT
cjfa-49835	229	12	1976	1976	NUM
cjfa-49835	229	13	)	)	PUNCT
cjfa-49835	229	14	.	.	PUNCT
cjfa-49835	230	1	theory	theory	NOUN
cjfa-49835	230	2	of	of	ADP
cjfa-49835	230	3	the	the	DET
cjfa-49835	230	4	firm	firm	NOUN
cjfa-49835	230	5	:	:	PUNCT
cjfa-49835	230	6	managerial	managerial	ADJ
cjfa-49835	230	7	behavior	behavior	NOUN
cjfa-49835	230	8	,	,	PUNCT
cjfa-49835	230	9	agency	agency	NOUN
cjfa-49835	230	10	costs	cost	NOUN
cjfa-49835	230	11	and	and	CCONJ
cjfa-49835	230	12	capital	capital	NOUN
cjfa-49835	230	13	structure	structure	NOUN
cjfa-49835	230	14	.	.	PUNCT
cjfa-49835	231	1	journal	journal	NOUN
cjfa-49835	231	2	of	of	ADP
cjfa-49835	231	3	financial	financial	ADJ
cjfa-49835	231	4	economics	economic	NOUN
cjfa-49835	231	5	,	,	PUNCT
cjfa-49835	231	6	3(4	3(4	NUM
cjfa-49835	231	7	)	)	PUNCT
cjfa-49835	231	8	,	,	PUNCT
cjfa-49835	231	9	305–360	305–360	NUM
cjfa-49835	231	10	.	.	PUNCT
cjfa-49835	232	1	https://	https://	PROPN
cjfa-49835	232	2	doi.org/10.1016/0304-405x(76)90026-x	doi.org/10.1016/0304-405x(76)90026-x	PROPN
cjfa-49835	232	3	.	.	PUNCT
cjfa-49835	233	1	jensen	jensen	PROPN
cjfa-49835	233	2	,	,	PUNCT
cjfa-49835	233	3	m.c	m.c	PROPN
cjfa-49835	233	4	.	.	PROPN
cjfa-49835	233	5	(	(	PUNCT
cjfa-49835	233	6	1993	1993	NUM
cjfa-49835	233	7	)	)	PUNCT
cjfa-49835	233	8	.	.	PUNCT
cjfa-49835	234	1	the	the	DET
cjfa-49835	234	2	modern	modern	ADJ
cjfa-49835	234	3	industrial	industrial	ADJ
cjfa-49835	234	4	revolution	revolution	NOUN
cjfa-49835	234	5	,	,	PUNCT
cjfa-49835	234	6	exit	exit	NOUN
cjfa-49835	234	7	,	,	PUNCT
cjfa-49835	234	8	and	and	CCONJ
cjfa-49835	234	9	the	the	DET
cjfa-49835	234	10	failure	failure	NOUN
cjfa-49835	234	11	of	of	ADP
cjfa-49835	234	12	internal	internal	ADJ
cjfa-49835	234	13	control	control	NOUN
cjfa-49835	234	14	systems	system	NOUN
cjfa-49835	234	15	.	.	PUNCT
cjfa-49835	235	1	the	the	DET
cjfa-49835	235	2	journal	journal	PROPN
cjfa-49835	235	3	of	of	ADP
cjfa-49835	235	4	finance	finance	NOUN
cjfa-49835	235	5	,	,	PUNCT
cjfa-49835	235	6	48(3	48(3	PROPN
cjfa-49835	235	7	)	)	PUNCT
cjfa-49835	235	8	,	,	PUNCT
cjfa-49835	235	9	831–880	831–880	NUM
cjfa-49835	235	10	.	.	PUNCT
cjfa-49835	236	1	https://doi.org/10.1111/	https://doi.org/10.1111/	PROPN
cjfa-49835	236	2	j.1540	j.1540	PROPN
cjfa-49835	236	3	-	-	PUNCT
cjfa-49835	236	4	6261.1993.tb04022.x	6261.1993.tb04022.x	PROPN
cjfa-49835	236	5	.	.	PUNCT
cjfa-49835	237	1	johnson	johnson	PROPN
cjfa-49835	237	2	,	,	PUNCT
cjfa-49835	237	3	j.l	j.l	PROPN
cjfa-49835	237	4	.	.	PROPN
cjfa-49835	237	5	,	,	PUNCT
cjfa-49835	237	6	daily	daily	PROPN
cjfa-49835	237	7	,	,	PUNCT
cjfa-49835	237	8	c.m	c.m	PROPN
cjfa-49835	237	9	.	.	PROPN
cjfa-49835	237	10	,	,	PUNCT
cjfa-49835	237	11	&	&	CCONJ
cjfa-49835	237	12	ellstrand	ellstrand	NOUN
cjfa-49835	237	13	,	,	PUNCT
cjfa-49835	237	14	a.e	a.e	PROPN
cjfa-49835	237	15	.	.	PROPN
cjfa-49835	237	16	(	(	PUNCT
cjfa-49835	237	17	1996	1996	NUM
cjfa-49835	237	18	)	)	PUNCT
cjfa-49835	237	19	.	.	PUNCT
cjfa-49835	238	1	boards	board	NOUN
cjfa-49835	238	2	of	of	ADP
cjfa-49835	238	3	directors	director	NOUN
cjfa-49835	238	4	:	:	PUNCT
cjfa-49835	238	5	a	a	DET
cjfa-49835	238	6	review	review	NOUN
cjfa-49835	238	7	and	and	CCONJ
cjfa-49835	238	8	research	research	NOUN
cjfa-49835	238	9	agenda	agenda	NOUN
cjfa-49835	238	10	.	.	PUNCT
cjfa-49835	239	1	journal	journal	PROPN
cjfa-49835	239	2	of	of	ADP
cjfa-49835	239	3	management	management	NOUN
cjfa-49835	239	4	,	,	PUNCT
cjfa-49835	239	5	22(3	22(3	NUM
cjfa-49835	239	6	)	)	PUNCT
cjfa-49835	239	7	,	,	PUNCT
cjfa-49835	239	8	409–438	409–438	NUM
cjfa-49835	239	9	.	.	PUNCT
cjfa-49835	240	1	https://doi.org/10.1177/	https://doi.org/10.1177/	PROPN
cjfa-49835	240	2	014920639602200303	014920639602200303	NUM
cjfa-49835	240	3	.	.	PUNCT
cjfa-49835	241	1	kathuria	kathuria	PROPN
cjfa-49835	241	2	,	,	PUNCT
cjfa-49835	241	3	v.	v.	ADV
cjfa-49835	241	4	,	,	PUNCT
cjfa-49835	241	5	&	&	CCONJ
cjfa-49835	241	6	dash	dash	NOUN
cjfa-49835	241	7	,	,	PUNCT
cjfa-49835	241	8	s.	s.	PROPN
cjfa-49835	241	9	(	(	PUNCT
cjfa-49835	241	10	1999	1999	NUM
cjfa-49835	241	11	)	)	PUNCT
cjfa-49835	241	12	.	.	PUNCT
cjfa-49835	242	1	board	board	NOUN
cjfa-49835	242	2	size	size	NOUN
cjfa-49835	242	3	and	and	CCONJ
cjfa-49835	242	4	corporate	corporate	ADJ
cjfa-49835	242	5	financial	financial	ADJ
cjfa-49835	242	6	performance	performance	NOUN
cjfa-49835	242	7	:	:	PUNCT
cjfa-49835	242	8	an	an	DET
cjfa-49835	242	9	investigation	investigation	NOUN
cjfa-49835	242	10	.	.	PUNCT
cjfa-49835	243	1	vikalpa	vikalpa	NOUN
cjfa-49835	243	2	:	:	PUNCT
cjfa-49835	243	3	the	the	DET
cjfa-49835	243	4	journal	journal	NOUN
cjfa-49835	243	5	for	for	ADP
cjfa-49835	243	6	decision	decision	NOUN
cjfa-49835	243	7	makers	maker	NOUN
cjfa-49835	243	8	,	,	PUNCT
cjfa-49835	243	9	24(3	24(3	NUM
cjfa-49835	243	10	)	)	PUNCT
cjfa-49835	243	11	,	,	PUNCT
cjfa-49835	243	12	11	11	NUM
cjfa-49835	243	13	-	-	SYM
cjfa-49835	243	14	17	17	NUM
cjfa-49835	243	15	.	.	PUNCT
cjfa-49835	244	1	https://doi	https://doi	NOUN
cjfa-49835	244	2	.	.	PUNCT
cjfa-49835	244	3	org/10.1177/0256090919990303	org/10.1177/0256090919990303	PROPN
cjfa-49835	244	4	.	.	PUNCT
cjfa-49835	245	1	kumar	kumar	PROPN
cjfa-49835	245	2	,	,	PUNCT
cjfa-49835	245	3	n.	n.	PROPN
cjfa-49835	245	4	,	,	PUNCT
cjfa-49835	245	5	&	&	CCONJ
cjfa-49835	245	6	singh	singh	PROPN
cjfa-49835	245	7	,	,	PUNCT
cjfa-49835	245	8	j.p	j.p	PROPN
cjfa-49835	245	9	.	.	PROPN
cjfa-49835	245	10	(	(	PUNCT
cjfa-49835	245	11	2013	2013	NUM
cjfa-49835	245	12	)	)	PUNCT
cjfa-49835	245	13	.	.	PUNCT
cjfa-49835	246	1	effect	effect	NOUN
cjfa-49835	246	2	of	of	ADP
cjfa-49835	246	3	board	board	NOUN
cjfa-49835	246	4	size	size	NOUN
cjfa-49835	246	5	and	and	CCONJ
cjfa-49835	246	6	promoter	promoter	NOUN
cjfa-49835	246	7	ownership	ownership	NOUN
cjfa-49835	246	8	on	on	ADP
cjfa-49835	246	9	firm	firm	ADJ
cjfa-49835	246	10	value	value	NOUN
cjfa-49835	246	11	:	:	PUNCT
cjfa-49835	246	12	some	some	DET
cjfa-49835	246	13	empirical	empirical	ADJ
cjfa-49835	246	14	findings	finding	NOUN
cjfa-49835	246	15	from	from	ADP
cjfa-49835	246	16	india	india	PROPN
cjfa-49835	246	17	.	.	PUNCT
cjfa-49835	247	1	corporate	corporate	ADJ
cjfa-49835	247	2	governance	governance	NOUN
cjfa-49835	247	3	:	:	PUNCT
cjfa-49835	247	4	the	the	DET
cjfa-49835	247	5	international	international	ADJ
cjfa-49835	247	6	journal	journal	NOUN
cjfa-49835	247	7	of	of	ADP
cjfa-49835	247	8	business	business	NOUN
cjfa-49835	247	9	in	in	ADP
cjfa-49835	247	10	society	society	NOUN
cjfa-49835	247	11	,	,	PUNCT
cjfa-49835	247	12	13(1	13(1	NUM
cjfa-49835	247	13	)	)	PUNCT
cjfa-49835	247	14	.	.	PUNCT
cjfa-49835	248	1	https://doi.org/10.1108/14720701311302431	https://doi.org/10.1108/14720701311302431	PROPN
cjfa-49835	248	2	.	.	PUNCT
cjfa-49835	249	1	mishra	mishra	PROPN
cjfa-49835	249	2	,	,	PUNCT
cjfa-49835	249	3	r.k	r.k	PROPN
cjfa-49835	249	4	.	.	PROPN
cjfa-49835	249	5	,	,	PUNCT
cjfa-49835	249	6	&	&	CCONJ
cjfa-49835	249	7	kapil	kapil	PROPN
cjfa-49835	249	8	,	,	PUNCT
cjfa-49835	249	9	s.	s.	PROPN
cjfa-49835	249	10	(	(	PUNCT
cjfa-49835	249	11	2018	2018	NUM
cjfa-49835	249	12	)	)	PUNCT
cjfa-49835	249	13	.	.	PUNCT
cjfa-49835	250	1	board	board	NOUN
cjfa-49835	250	2	characteristics	characteristic	NOUN
cjfa-49835	250	3	and	and	CCONJ
cjfa-49835	250	4	firm	firm	ADJ
cjfa-49835	250	5	value	value	NOUN
cjfa-49835	250	6	for	for	ADP
cjfa-49835	250	7	indian	indian	ADJ
cjfa-49835	250	8	companies	company	NOUN
cjfa-49835	250	9	.	.	PUNCT
cjfa-49835	251	1	journal	journal	PROPN
cjfa-49835	251	2	of	of	ADP
cjfa-49835	251	3	indian	indian	PROPN
cjfa-49835	251	4	business	business	NOUN
cjfa-49835	251	5	research	research	NOUN
cjfa-49835	251	6	,	,	PUNCT
cjfa-49835	251	7	10(1	10(1	NUM
cjfa-49835	251	8	)	)	PUNCT
cjfa-49835	251	9	.	.	PUNCT
cjfa-49835	252	1	https://doi.org/10.1108/jibr-072016-0074	https://doi.org/10.1108/jibr-072016-0074	PROPN
cjfa-49835	252	2	.	.	PUNCT
cjfa-49835	253	1	modigliani	modigliani	PROPN
cjfa-49835	253	2	,	,	PUNCT
cjfa-49835	253	3	f.	f.	PROPN
cjfa-49835	253	4	,	,	PUNCT
cjfa-49835	253	5	&	&	CCONJ
cjfa-49835	253	6	miller	miller	PROPN
cjfa-49835	253	7	,	,	PUNCT
cjfa-49835	253	8	m.h	m.h	PROPN
cjfa-49835	253	9	.	.	PROPN
cjfa-49835	253	10	(	(	PUNCT
cjfa-49835	253	11	1958	1958	NUM
cjfa-49835	253	12	)	)	PUNCT
cjfa-49835	253	13	.	.	PUNCT
cjfa-49835	254	1	the	the	DET
cjfa-49835	254	2	cost	cost	NOUN
cjfa-49835	254	3	of	of	ADP
cjfa-49835	254	4	capital	capital	NOUN
cjfa-49835	254	5	,	,	PUNCT
cjfa-49835	254	6	corporation	corporation	NOUN
cjfa-49835	254	7	finance	finance	NOUN
cjfa-49835	254	8	and	and	CCONJ
cjfa-49835	254	9	the	the	DET
cjfa-49835	254	10	theory	theory	NOUN
cjfa-49835	254	11	of	of	ADP
cjfa-49835	254	12	investment	investment	NOUN
cjfa-49835	254	13	.	.	PUNCT
cjfa-49835	255	1	the	the	DET
cjfa-49835	255	2	american	american	PROPN
cjfa-49835	255	3	economic	economic	PROPN
cjfa-49835	255	4	review	review	PROPN
cjfa-49835	255	5	,	,	PUNCT
cjfa-49835	255	6	48(3	48(3	PROPN
cjfa-49835	255	7	)	)	PUNCT
cjfa-49835	255	8	,	,	PUNCT
cjfa-49835	255	9	261–297	261–297	NUM
cjfa-49835	255	10	.	.	PUNCT
cjfa-49835	256	1	https://www	https://www	PROPN
cjfa-49835	256	2	.	.	PUNCT
cjfa-49835	256	3	jstor.org/stable/1812919	jstor.org/stable/1812919	PROPN
cjfa-49835	256	4	.	.	PUNCT
cjfa-49835	257	1	mohapatra	mohapatra	PROPN
cjfa-49835	257	2	,	,	PUNCT
cjfa-49835	257	3	p.	p.	NOUN
cjfa-49835	257	4	(	(	PUNCT
cjfa-49835	257	5	2016	2016	NUM
cjfa-49835	257	6	)	)	PUNCT
cjfa-49835	257	7	.	.	PUNCT
cjfa-49835	258	1	board	board	NOUN
cjfa-49835	258	2	independence	independence	NOUN
cjfa-49835	258	3	and	and	CCONJ
cjfa-49835	258	4	firm	firm	ADJ
cjfa-49835	258	5	performance	performance	NOUN
cjfa-49835	258	6	in	in	ADP
cjfa-49835	258	7	india	india	PROPN
cjfa-49835	258	8	.	.	PUNCT
cjfa-49835	259	1	international	international	ADJ
cjfa-49835	259	2	journal	journal	PROPN
cjfa-49835	259	3	of	of	ADP
cjfa-49835	259	4	management	management	NOUN
cjfa-49835	259	5	practice	practice	NOUN
cjfa-49835	259	6	,	,	PUNCT
cjfa-49835	259	7	9(3	9(3	NUM
cjfa-49835	259	8	)	)	PUNCT
cjfa-49835	259	9	,	,	PUNCT
cjfa-49835	259	10	317–332	317–332	NUM
cjfa-49835	259	11	,	,	PUNCT
cjfa-49835	259	12	https://doi.org/10.1504/ijmp	https://doi.org/10.1504/ijmp	PROPN
cjfa-49835	259	13	.	.	PUNCT
cjfa-49835	260	1	2016.077834	2016.077834	PROPN
cjfa-49835	260	2	.	.	PUNCT
cjfa-49835	261	1	palaniappan	palaniappan	PROPN
cjfa-49835	261	2	,	,	PUNCT
cjfa-49835	261	3	g.	g.	PROPN
cjfa-49835	261	4	(	(	PUNCT
cjfa-49835	261	5	2017	2017	NUM
cjfa-49835	261	6	)	)	PUNCT
cjfa-49835	261	7	.	.	PUNCT
cjfa-49835	262	1	determinants	determinant	NOUN
cjfa-49835	262	2	of	of	ADP
cjfa-49835	262	3	corporate	corporate	ADJ
cjfa-49835	262	4	financial	financial	ADJ
cjfa-49835	262	5	performance	performance	NOUN
cjfa-49835	262	6	relating	relate	VERB
cjfa-49835	262	7	to	to	ADP
cjfa-49835	262	8	board	board	NOUN
cjfa-49835	262	9	characteristics	characteristic	NOUN
cjfa-49835	262	10	of	of	ADP
cjfa-49835	262	11	corporate	corporate	ADJ
cjfa-49835	262	12	governance	governance	NOUN
cjfa-49835	262	13	in	in	ADP
cjfa-49835	262	14	indian	indian	ADJ
cjfa-49835	262	15	manufacturing	manufacturing	NOUN
cjfa-49835	262	16	industry	industry	NOUN
cjfa-49835	262	17	:	:	PUNCT
cjfa-49835	262	18	an	an	DET
cjfa-49835	262	19	empirical	empirical	ADJ
cjfa-49835	262	20	study	study	NOUN
cjfa-49835	262	21	.	.	PUNCT
cjfa-49835	263	1	european	european	PROPN
cjfa-49835	263	2	journal	journal	PROPN
cjfa-49835	263	3	of	of	ADP
cjfa-49835	263	4	management	management	NOUN
cjfa-49835	263	5	and	and	CCONJ
cjfa-49835	263	6	business	business	NOUN
cjfa-49835	263	7	economics	economic	NOUN
cjfa-49835	263	8	,	,	PUNCT
cjfa-49835	263	9	26(1	26(1	NUM
cjfa-49835	263	10	)	)	PUNCT
cjfa-49835	263	11	,	,	PUNCT
cjfa-49835	263	12	67–85	67–85	NUM
cjfa-49835	263	13	,	,	PUNCT
cjfa-49835	263	14	https://doi.org/10.1108/ejmbe-07-2017-005	https://doi.org/10.1108/ejmbe-07-2017-005	PROPN
cjfa-49835	263	15	.	.	PUNCT
cjfa-49835	264	1	pearce	pearce	PROPN
cjfa-49835	264	2	,	,	PUNCT
cjfa-49835	264	3	j.a	j.a	PROPN
cjfa-49835	264	4	.	.	PROPN
cjfa-49835	264	5	,	,	PUNCT
cjfa-49835	264	6	&	&	CCONJ
cjfa-49835	264	7	zahra	zahra	PROPN
cjfa-49835	264	8	,	,	PUNCT
cjfa-49835	264	9	s.a	s.a	PROPN
cjfa-49835	264	10	.	.	PROPN
cjfa-49835	264	11	(	(	PUNCT
cjfa-49835	264	12	1992	1992	NUM
cjfa-49835	264	13	)	)	PUNCT
cjfa-49835	264	14	.	.	PUNCT
cjfa-49835	265	1	board	board	NOUN
cjfa-49835	265	2	composition	composition	NOUN
cjfa-49835	265	3	from	from	ADP
cjfa-49835	265	4	a	a	DET
cjfa-49835	265	5	strategic	strategic	ADJ
cjfa-49835	265	6	contingency	contingency	NOUN
cjfa-49835	265	7	perspective	perspective	NOUN
cjfa-49835	265	8	.	.	PUNCT
cjfa-49835	266	1	journal	journal	PROPN
cjfa-49835	266	2	of	of	ADP
cjfa-49835	266	3	management	management	NOUN
cjfa-49835	266	4	studies	study	NOUN
cjfa-49835	266	5	,	,	PUNCT
cjfa-49835	266	6	29(4	29(4	NOUN
cjfa-49835	266	7	)	)	PUNCT
cjfa-49835	266	8	,	,	PUNCT
cjfa-49835	266	9	411–438	411–438	NUM
cjfa-49835	266	10	.	.	PUNCT
cjfa-49835	267	1	https://doi.org/10.1111/	https://doi.org/10.1111/	PROPN
cjfa-49835	267	2	j.1467	j.1467	PROPN
cjfa-49835	267	3	-	-	PUNCT
cjfa-49835	267	4	6486.1992.tb00672.x	6486.1992.tb00672.x	PROPN
cjfa-49835	267	5	.	.	PUNCT
cjfa-49835	268	1	potharla	potharla	PROPN
cjfa-49835	268	2	,	,	PUNCT
cjfa-49835	268	3	s.	s.	PROPN
cjfa-49835	268	4	,	,	PUNCT
cjfa-49835	268	5	&	&	CCONJ
cjfa-49835	268	6	amirishetty	amirishetty	PROPN
cjfa-49835	268	7	,	,	PUNCT
cjfa-49835	268	8	b.	b.	PROPN
cjfa-49835	268	9	(	(	PUNCT
cjfa-49835	268	10	2021	2021	NUM
cjfa-49835	268	11	)	)	PUNCT
cjfa-49835	268	12	.	.	PUNCT
cjfa-49835	269	1	non	non	ADJ
cjfa-49835	269	2	-	-	ADJ
cjfa-49835	269	3	linear	linear	ADJ
cjfa-49835	269	4	relationship	relationship	NOUN
cjfa-49835	269	5	of	of	ADP
cjfa-49835	269	6	board	board	NOUN
cjfa-49835	269	7	size	size	NOUN
cjfa-49835	269	8	and	and	CCONJ
cjfa-49835	269	9	board	board	NOUN
cjfa-49835	269	10	independence	independence	NOUN
cjfa-49835	269	11	with	with	ADP
cjfa-49835	269	12	firm	firm	ADJ
cjfa-49835	269	13	performance	performance	NOUN
cjfa-49835	269	14	–	–	PUNCT
cjfa-49835	269	15	evidence	evidence	NOUN
cjfa-49835	269	16	from	from	ADP
cjfa-49835	269	17	india	india	PROPN
cjfa-49835	269	18	.	.	PUNCT
cjfa-49835	270	1	journal	journal	PROPN
cjfa-49835	270	2	of	of	ADP
cjfa-49835	270	3	indian	indian	PROPN
cjfa-49835	270	4	business	business	NOUN
cjfa-49835	270	5	research	research	NOUN
cjfa-49835	270	6	,	,	PUNCT
cjfa-49835	270	7	13(4	13(4	NUM
cjfa-49835	270	8	)	)	PUNCT
cjfa-49835	270	9	,	,	PUNCT
cjfa-49835	270	10	503–532	503–532	NUM
cjfa-49835	270	11	.	.	PUNCT
cjfa-49835	271	1	https://doi.org/10.1108/jibr-06-2020-0180	https://doi.org/10.1108/jibr-06-2020-0180	NOUN
cjfa-49835	271	2	.	.	PUNCT
cjfa-49835	272	1	https://doi.org/10.1111/j.1540-6261.1993.tb04022.x	https://doi.org/10.1111/j.1540-6261.1993.tb04022.x	PROPN
cjfa-49835	273	1	https://doi.org/10.1111/j.1540-6261.1993.tb04022.x	https://doi.org/10.1111/j.1540-6261.1993.tb04022.x	PROPN
cjfa-49835	273	2	https://doi.org/10.1177/014920639602200303	https://doi.org/10.1177/014920639602200303	INTJ
cjfa-49835	273	3	https://doi.org/10.1177/014920639602200303	https://doi.org/10.1177/014920639602200303	INTJ
cjfa-49835	274	1	https://doi.org/10.1504/ijmp.2016.077834	https://doi.org/10.1504/ijmp.2016.077834	PROPN
cjfa-49835	274	2	https://doi.org/10.1504/ijmp.2016.077834	https://doi.org/10.1504/ijmp.2016.077834	PROPN
cjfa-49835	275	1	https://doi.org/10.1111/j.1467-6486.1992.tb00672.x	https://doi.org/10.1111/j.1467-6486.1992.tb00672.x	PRON
cjfa-49835	275	2	https://doi.org/10.1111/j.1467-6486.1992.tb00672.x	https://doi.org/10.1111/j.1467-6486.1992.tb00672.x	PROPN
cjfa-49835	275	3	srikanth	srikanth	PROPN
cjfa-49835	275	4	potharla	potharla	PROPN
cjfa-49835	275	5	,	,	PUNCT
cjfa-49835	275	6	suman	suman	PROPN
cjfa-49835	275	7	kolpula8888	kolpula8888	PROPN
cjfa-49835	275	8	rajan	rajan	PROPN
cjfa-49835	275	9	,	,	PUNCT
cjfa-49835	275	10	r.g	r.g	PROPN
cjfa-49835	275	11	.	.	PROPN
cjfa-49835	275	12	,	,	PUNCT
cjfa-49835	275	13	&	&	CCONJ
cjfa-49835	275	14	zingales	zingales	PROPN
cjfa-49835	275	15	,	,	PUNCT
cjfa-49835	275	16	l.	l.	PROPN
cjfa-49835	275	17	(	(	PUNCT
cjfa-49835	275	18	1995	1995	NUM
cjfa-49835	275	19	)	)	PUNCT
cjfa-49835	275	20	.	.	PUNCT
cjfa-49835	276	1	what	what	PRON
cjfa-49835	276	2	do	do	AUX
cjfa-49835	276	3	we	we	PRON
cjfa-49835	276	4	know	know	VERB
cjfa-49835	276	5	about	about	ADP
cjfa-49835	276	6	capital	capital	NOUN
cjfa-49835	276	7	structure	structure	NOUN
cjfa-49835	276	8	?	?	PUNCT
cjfa-49835	277	1	some	some	DET
cjfa-49835	277	2	evidence	evidence	NOUN
cjfa-49835	277	3	from	from	ADP
cjfa-49835	277	4	international	international	ADJ
cjfa-49835	277	5	data	datum	NOUN
cjfa-49835	277	6	.	.	PUNCT
cjfa-49835	278	1	the	the	DET
cjfa-49835	278	2	journal	journal	PROPN
cjfa-49835	278	3	of	of	ADP
cjfa-49835	278	4	finance	finance	NOUN
cjfa-49835	278	5	,	,	PUNCT
cjfa-49835	278	6	50(5	50(5	NUM
cjfa-49835	278	7	)	)	PUNCT
cjfa-49835	278	8	,	,	PUNCT
cjfa-49835	278	9	1421–1460	1421–1460	NUM
cjfa-49835	278	10	.	.	PUNCT
cjfa-49835	279	1	https://doi	https://doi	X
cjfa-49835	279	2	.	.	PUNCT
cjfa-49835	279	3	org/10.1111	org/10.1111	PROPN
cjfa-49835	279	4	/	/	SYM
cjfa-49835	279	5	j.1540	j.1540	PROPN
cjfa-49835	279	6	-	-	PUNCT
cjfa-49835	279	7	6261.1995.tb05184.x	6261.1995.tb05184.x	PROPN
cjfa-49835	279	8	.	.	PUNCT
cjfa-49835	280	1	sanyaolu	sanyaolu	PROPN
cjfa-49835	280	2	,	,	PUNCT
cjfa-49835	280	3	w.a	w.a	PROPN
cjfa-49835	280	4	.	.	PROPN
cjfa-49835	280	5	,	,	PUNCT
cjfa-49835	280	6	adejumo	adejumo	NOUN
cjfa-49835	280	7	,	,	PUNCT
cjfa-49835	280	8	b.t	b.t	PROPN
cjfa-49835	280	9	.	.	PROPN
cjfa-49835	280	10	,	,	PUNCT
cjfa-49835	280	11	&	&	CCONJ
cjfa-49835	280	12	kadiri	kadiri	PROPN
cjfa-49835	280	13	,	,	PUNCT
cjfa-49835	280	14	i.	i.	PROPN
cjfa-49835	280	15	(	(	PUNCT
cjfa-49835	280	16	2020	2020	NUM
cjfa-49835	280	17	)	)	PUNCT
cjfa-49835	280	18	.	.	PUNCT
cjfa-49835	281	1	board	board	NOUN
cjfa-49835	281	2	diligence	diligence	NOUN
cjfa-49835	281	3	and	and	CCONJ
cjfa-49835	281	4	financial	financial	ADJ
cjfa-49835	281	5	performance	performance	NOUN
cjfa-49835	281	6	:	:	PUNCT
cjfa-49835	281	7	evidence	evidence	NOUN
cjfa-49835	281	8	from	from	ADP
cjfa-49835	281	9	nigerian	nigerian	ADJ
cjfa-49835	281	10	deposit	deposit	NOUN
cjfa-49835	281	11	money	money	NOUN
cjfa-49835	281	12	banks	bank	NOUN
cjfa-49835	281	13	.	.	PUNCT
cjfa-49835	282	1	copernican	copernican	PROPN
cjfa-49835	282	2	journal	journal	PROPN
cjfa-49835	282	3	of	of	ADP
cjfa-49835	282	4	finance	finance	PROPN
cjfa-49835	282	5	&	&	CCONJ
cjfa-49835	282	6	accounting	accounting	PROPN
cjfa-49835	282	7	,	,	PUNCT
cjfa-49835	282	8	9(3	9(3	NUM
cjfa-49835	282	9	)	)	PUNCT
cjfa-49835	282	10	,	,	PUNCT
cjfa-49835	282	11	145–160	145–160	NUM
cjfa-49835	282	12	.	.	PUNCT
cjfa-49835	283	1	https://doi.org/10.12775/cjfa.2020.017	https://doi.org/10.12775/cjfa.2020.017	PROPN
cjfa-49835	283	2	.	.	PUNCT
cjfa-49835	284	1	singh	singh	PROPN
cjfa-49835	284	2	,	,	PUNCT
cjfa-49835	284	3	g.	g.	PROPN
cjfa-49835	284	4	,	,	PUNCT
cjfa-49835	284	5	&	&	CCONJ
cjfa-49835	284	6	dwesar	dwesar	PROPN
cjfa-49835	284	7	,	,	PUNCT
cjfa-49835	284	8	r.	r.	PROPN
cjfa-49835	284	9	(	(	PUNCT
cjfa-49835	284	10	2022	2022	NUM
cjfa-49835	284	11	)	)	PUNCT
cjfa-49835	284	12	.	.	PUNCT
cjfa-49835	285	1	board	board	NOUN
cjfa-49835	285	2	gender	gender	NOUN
cjfa-49835	285	3	diversity	diversity	NOUN
cjfa-49835	285	4	,	,	PUNCT
cjfa-49835	285	5	firm	firm	ADJ
cjfa-49835	285	6	performance	performance	NOUN
cjfa-49835	285	7	and	and	CCONJ
cjfa-49835	285	8	firm	firm	ADJ
cjfa-49835	285	9	risk	risk	NOUN
cjfa-49835	285	10	:	:	PUNCT
cjfa-49835	285	11	a	a	DET
cjfa-49835	285	12	literature	literature	NOUN
cjfa-49835	285	13	survey	survey	NOUN
cjfa-49835	285	14	.	.	PUNCT
cjfa-49835	286	1	copernican	copernican	PROPN
cjfa-49835	286	2	journal	journal	PROPN
cjfa-49835	286	3	of	of	ADP
cjfa-49835	286	4	finance	finance	PROPN
cjfa-49835	286	5	&	&	CCONJ
cjfa-49835	286	6	accounting	accounting	PROPN
cjfa-49835	286	7	,	,	PUNCT
cjfa-49835	286	8	11(3	11(3	NUM
cjfa-49835	286	9	)	)	PUNCT
cjfa-49835	286	10	,	,	PUNCT
cjfa-49835	286	11	69–84	69–84	PROPN
cjfa-49835	286	12	.	.	PUNCT
cjfa-49835	287	1	https://doi.org/10.12775/cjfa.2022.014	https://doi.org/10.12775/cjfa.2022.014	PROPN
cjfa-49835	287	2	.	.	PUNCT
cjfa-49835	287	3	shleifer	shleifer	PROPN
cjfa-49835	287	4	,	,	PUNCT
cjfa-49835	287	5	a.	a.	PROPN
cjfa-49835	287	6	,	,	PUNCT
cjfa-49835	287	7	&	&	CCONJ
cjfa-49835	287	8	vishny	vishny	PROPN
cjfa-49835	287	9	,	,	PUNCT
cjfa-49835	287	10	r.w	r.w	PROPN
cjfa-49835	287	11	.	.	PROPN
cjfa-49835	287	12	(	(	PUNCT
cjfa-49835	287	13	1986	1986	NUM
cjfa-49835	287	14	)	)	PUNCT
cjfa-49835	287	15	.	.	PUNCT
cjfa-49835	288	1	large	large	ADJ
cjfa-49835	288	2	shareholders	shareholder	NOUN
cjfa-49835	288	3	and	and	CCONJ
cjfa-49835	288	4	corporate	corporate	ADJ
cjfa-49835	288	5	control	control	NOUN
cjfa-49835	288	6	.	.	PUNCT
cjfa-49835	289	1	journal	journal	NOUN
cjfa-49835	289	2	of	of	ADP
cjfa-49835	289	3	political	political	ADJ
cjfa-49835	289	4	economy	economy	NOUN
cjfa-49835	289	5	,	,	PUNCT
cjfa-49835	289	6	94(3	94(3	NUM
cjfa-49835	289	7	,	,	PUNCT
cjfa-49835	289	8	part	part	NOUN
cjfa-49835	289	9	1	1	NUM
cjfa-49835	289	10	)	)	PUNCT
cjfa-49835	289	11	,	,	PUNCT
cjfa-49835	289	12	461–488	461–488	NUM
cjfa-49835	289	13	.	.	PUNCT
cjfa-49835	289	14	yermack	yermack	PROPN
cjfa-49835	289	15	,	,	PUNCT
cjfa-49835	289	16	d.	d.	PROPN
cjfa-49835	289	17	(	(	PUNCT
cjfa-49835	289	18	1996	1996	NUM
cjfa-49835	289	19	)	)	PUNCT
cjfa-49835	289	20	.	.	PUNCT
cjfa-49835	290	1	higher	high	ADJ
cjfa-49835	290	2	market	market	NOUN
cjfa-49835	290	3	valuation	valuation	NOUN
cjfa-49835	290	4	of	of	ADP
cjfa-49835	290	5	companies	company	NOUN
cjfa-49835	290	6	with	with	ADP
cjfa-49835	290	7	a	a	DET
cjfa-49835	290	8	small	small	ADJ
cjfa-49835	290	9	board	board	NOUN
cjfa-49835	290	10	of	of	ADP
cjfa-49835	290	11	directors	director	NOUN
cjfa-49835	290	12	.	.	PUNCT
cjfa-49835	291	1	journal	journal	NOUN
cjfa-49835	291	2	of	of	ADP
cjfa-49835	291	3	financial	financial	ADJ
cjfa-49835	291	4	economics	economic	NOUN
cjfa-49835	291	5	,	,	PUNCT
cjfa-49835	291	6	40(2	40(2	NUM
cjfa-49835	291	7	)	)	PUNCT
cjfa-49835	291	8	,	,	PUNCT
cjfa-49835	291	9	185–211	185–211	NUM
cjfa-49835	291	10	.	.	PUNCT
cjfa-49835	292	1	https://doi.org/10.1016/0304405x(95)00844-5	https://doi.org/10.1016/0304405x(95)00844-5	PROPN
cjfa-49835	292	2	.	.	PROPN
cjfa-49835	292	3	zahra	zahra	PROPN
cjfa-49835	292	4	,	,	PUNCT
cjfa-49835	292	5	s.a	s.a	PROPN
cjfa-49835	292	6	.	.	PROPN
cjfa-49835	292	7	,	,	PUNCT
cjfa-49835	292	8	&	&	CCONJ
cjfa-49835	292	9	pearce	pearce	PROPN
cjfa-49835	292	10	,	,	PUNCT
cjfa-49835	292	11	j.a	j.a	PROPN
cjfa-49835	292	12	.	.	PROPN
cjfa-49835	292	13	(	(	PUNCT
cjfa-49835	292	14	1989	1989	NUM
cjfa-49835	292	15	)	)	PUNCT
cjfa-49835	292	16	.	.	PUNCT
cjfa-49835	293	1	boards	board	NOUN
cjfa-49835	293	2	of	of	ADP
cjfa-49835	293	3	directors	director	NOUN
cjfa-49835	293	4	and	and	CCONJ
cjfa-49835	293	5	corporate	corporate	ADJ
cjfa-49835	293	6	financial	financial	ADJ
cjfa-49835	293	7	performance	performance	NOUN
cjfa-49835	293	8	:	:	PUNCT
cjfa-49835	293	9	a	a	DET
cjfa-49835	293	10	review	review	NOUN
cjfa-49835	293	11	and	and	CCONJ
cjfa-49835	293	12	integrative	integrative	ADJ
cjfa-49835	293	13	model	model	NOUN
cjfa-49835	293	14	.	.	PUNCT
cjfa-49835	294	1	journal	journal	PROPN
cjfa-49835	294	2	of	of	ADP
cjfa-49835	294	3	management	management	NOUN
cjfa-49835	294	4	,	,	PUNCT
cjfa-49835	294	5	15(2	15(2	NUM
cjfa-49835	294	6	)	)	PUNCT
cjfa-49835	294	7	,	,	PUNCT
cjfa-49835	294	8	291–334	291–334	NUM
cjfa-49835	294	9	.	.	PUNCT
cjfa-49835	295	1	https://doi.org/10.1177/014920638901500208	https://doi.org/10.1177/014920638901500208	NOUN
cjfa-49835	295	2	.	.	PUNCT