id	sid	tid	token	lemma	pos
cjfa-63111	1	1	e	e	X
cjfa-63111	1	2	-	-	PROPN
cjfa-63111	1	3	issn	issn	PROPN
cjfa-63111	1	4	2300	2300	NUM
cjfa-63111	1	5	-	-	SYM
cjfa-63111	1	6	3065	3065	NUM
cjfa-63111	1	7	p	p	PROPN
cjfa-63111	1	8	-	-	PUNCT
cjfa-63111	1	9	issn	issn	PROPN
cjfa-63111	1	10	2300	2300	NUM
cjfa-63111	1	11	-	-	SYM
cjfa-63111	1	12	12402025	12402025	NUM
cjfa-63111	1	13	,	,	PUNCT
cjfa-63111	1	14	volume	volume	NOUN
cjfa-63111	1	15	14	14	NUM
cjfa-63111	1	16	,	,	PUNCT
cjfa-63111	1	17	issue	issue	NOUN
cjfa-63111	1	18	1	1	NUM
cjfa-63111	1	19	copernican	copernican	PROPN
cjfa-63111	1	20	journal	journal	PROPN
cjfa-63111	1	21	of	of	ADP
cjfa-63111	1	22	finance	finance	PROPN
cjfa-63111	1	23	&	&	CCONJ
cjfa-63111	1	24	accounting	accounting	NOUN
cjfa-63111	1	25	date	date	NOUN
cjfa-63111	1	26	of	of	ADP
cjfa-63111	1	27	submission	submission	NOUN
cjfa-63111	1	28	:	:	PUNCT
cjfa-63111	1	29	december	december	PROPN
cjfa-63111	1	30	13	13	NUM
cjfa-63111	1	31	,	,	PUNCT
cjfa-63111	1	32	2024	2024	NUM
cjfa-63111	1	33	;	;	PUNCT
cjfa-63111	1	34	date	date	NOUN
cjfa-63111	1	35	of	of	ADP
cjfa-63111	1	36	acceptance	acceptance	NOUN
cjfa-63111	1	37	:	:	PUNCT
cjfa-63111	1	38	june	june	PROPN
cjfa-63111	1	39	2	2	NUM
cjfa-63111	1	40	,	,	PUNCT
cjfa-63111	1	41	2025	2025	NUM
cjfa-63111	1	42	.	.	PUNCT
cjfa-63111	2	1	*	*	PUNCT
cjfa-63111	2	2	contact	contact	NOUN
cjfa-63111	2	3	information	information	NOUN
cjfa-63111	2	4	:	:	PUNCT
cjfa-63111	2	5	srikanthyadav444p@gmail.com	srikanthyadav444p@gmail.com	NUM
cjfa-63111	2	6	,	,	PUNCT
cjfa-63111	2	7	psk@ibsindia.org	psk@ibsindia.org	PROPN
cjfa-63111	2	8	,	,	PUNCT
cjfa-63111	2	9	department	department	NOUN
cjfa-63111	2	10	of	of	ADP
cjfa-63111	2	11	finance	finance	NOUN
cjfa-63111	2	12	and	and	CCONJ
cjfa-63111	2	13	accounting	accounting	NOUN
cjfa-63111	2	14	,	,	PUNCT
cjfa-63111	2	15	icfai	icfai	NUM
cjfa-63111	2	16	business	business	NOUN
cjfa-63111	2	17	school	school	NOUN
cjfa-63111	2	18	(	(	PUNCT
cjfa-63111	2	19	ibs	ibs	PROPN
cjfa-63111	2	20	)	)	PUNCT
cjfa-63111	2	21	(	(	PUNCT
cjfa-63111	2	22	a	a	DET
cjfa-63111	2	23	constituent	constituent	NOUN
cjfa-63111	2	24	of	of	ADP
cjfa-63111	2	25	ifhe	ifhe	NOUN
cjfa-63111	2	26	,	,	PUNCT
cjfa-63111	2	27	deemed	deem	VERB
cjfa-63111	2	28	to	to	PART
cjfa-63111	2	29	be	be	AUX
cjfa-63111	2	30	university	university	NOUN
cjfa-63111	2	31	)	)	PUNCT
cjfa-63111	2	32	,	,	PUNCT
cjfa-63111	2	33	hyderabad	hyderabad	PROPN
cjfa-63111	2	34	,	,	PUNCT
cjfa-63111	2	35	telangana	telangana	PROPN
cjfa-63111	2	36	,	,	PUNCT
cjfa-63111	2	37	india	india	PROPN
cjfa-63111	2	38	,	,	PUNCT
cjfa-63111	2	39	phone	phone	NOUN
cjfa-63111	2	40	:	:	PUNCT
cjfa-63111	2	41	+91	+91	NOUN
cjfa-63111	2	42	9703664124	9703664124	NUM
cjfa-63111	2	43	;	;	PUNCT
cjfa-63111	2	44	orcid	orcid	PROPN
cjfa-63111	3	1	i	i	NOUN
cjfa-63111	3	2	d	d	NOUN
cjfa-63111	3	3	:	:	PUNCT
cjfa-63111	3	4	https://orcid.org/0000-0003-3176-9675	https://orcid.org/0000-0003-3176-9675	PROPN
cjfa-63111	3	5	.	.	PUNCT
cjfa-63111	3	6	potharla	potharla	PROPN
cjfa-63111	3	7	,	,	PUNCT
cjfa-63111	3	8	s.	s.	PROPN
cjfa-63111	3	9	(	(	PUNCT
cjfa-63111	3	10	2025	2025	NUM
cjfa-63111	3	11	)	)	PUNCT
cjfa-63111	3	12	.	.	PUNCT
cjfa-63111	4	1	bridging	bridge	VERB
cjfa-63111	4	2	disclosure	disclosure	NOUN
cjfa-63111	4	3	gaps	gap	NOUN
cjfa-63111	4	4	:	:	PUNCT
cjfa-63111	4	5	the	the	DET
cjfa-63111	4	6	role	role	NOUN
cjfa-63111	4	7	of	of	ADP
cjfa-63111	4	8	institutional	institutional	ADJ
cjfa-63111	4	9	investors	investor	NOUN
cjfa-63111	4	10	in	in	ADP
cjfa-63111	4	11	contingent	contingent	ADJ
cjfa-63111	4	12	liabilities	liability	NOUN
cjfa-63111	4	13	reporting	report	VERB
cjfa-63111	4	14	by	by	ADP
cjfa-63111	4	15	indian	indian	ADJ
cjfa-63111	4	16	listed	list	VERB
cjfa-63111	4	17	companies	company	NOUN
cjfa-63111	4	18	.	.	PUNCT
cjfa-63111	5	1	copernican	copernican	PROPN
cjfa-63111	5	2	journal	journal	PROPN
cjfa-63111	5	3	of	of	ADP
cjfa-63111	5	4	finance	finance	PROPN
cjfa-63111	5	5	&	&	CCONJ
cjfa-63111	5	6	accounting	accounting	NOUN
cjfa-63111	5	7	,	,	PUNCT
cjfa-63111	5	8	14(1	14(1	NUM
cjfa-63111	5	9	)	)	PUNCT
cjfa-63111	5	10	,	,	PUNCT
cjfa-63111	5	11	71–86	71–86	NUM
cjfa-63111	5	12	.	.	PUNCT
cjfa-63111	6	1	http://dx.doi.org/10.12775/cjfa.2025.004	http://dx.doi.org/10.12775/cjfa.2025.004	X
cjfa-63111	6	2	srikanth	srikanth	PROPN
cjfa-63111	6	3	potharla	potharla	PROPN
cjfa-63111	6	4	*	*	PUNCT
cjfa-63111	6	5	icfai	icfai	PROPN
cjfa-63111	6	6	business	business	NOUN
cjfa-63111	6	7	school	school	NOUN
cjfa-63111	6	8	,	,	PUNCT
cjfa-63111	6	9	ifhe	ifhe	PROPN
cjfa-63111	6	10	,	,	PUNCT
cjfa-63111	6	11	hyderabad	hyderabad	NOUN
cjfa-63111	6	12	bridging	bridging	NOUN
cjfa-63111	6	13	disclosure	disclosure	NOUN
cjfa-63111	6	14	gaps	gap	NOUN
cjfa-63111	6	15	:	:	PUNCT
cjfa-63111	6	16	the	the	DET
cjfa-63111	6	17	role	role	NOUN
cjfa-63111	6	18	of	of	ADP
cjfa-63111	6	19	institutional	institutional	ADJ
cjfa-63111	6	20	investors	investor	NOUN
cjfa-63111	6	21	in	in	ADP
cjfa-63111	6	22	contingent	contingent	ADJ
cjfa-63111	6	23	liabilities	liability	NOUN
cjfa-63111	6	24	reporting	report	VERB
cjfa-63111	6	25	by	by	ADP
cjfa-63111	6	26	indian	indian	ADJ
cjfa-63111	6	27	listed	list	VERB
cjfa-63111	6	28	companies	company	NOUN
cjfa-63111	6	29	keywords	keyword	VERB
cjfa-63111	6	30	:	:	PUNCT
cjfa-63111	6	31	contingent	contingent	ADJ
cjfa-63111	6	32	liabilities	liability	NOUN
cjfa-63111	6	33	disclosure	disclosure	NOUN
cjfa-63111	6	34	,	,	PUNCT
cjfa-63111	6	35	institutional	institutional	ADJ
cjfa-63111	6	36	ownership	ownership	NOUN
cjfa-63111	6	37	,	,	PUNCT
cjfa-63111	6	38	agency	agency	NOUN
cjfa-63111	6	39	theory	theory	NOUN
cjfa-63111	6	40	,	,	PUNCT
cjfa-63111	6	41	emerging	emerge	VERB
cjfa-63111	6	42	markets	market	NOUN
cjfa-63111	6	43	,	,	PUNCT
cjfa-63111	6	44	corporate	corporate	ADJ
cjfa-63111	6	45	transparency	transparency	NOUN
cjfa-63111	6	46	.	.	PUNCT
cjfa-63111	7	1	j	j	PROPN
cjfa-63111	7	2	e	e	PROPN
cjfa-63111	7	3	l	l	PROPN
cjfa-63111	7	4	classification	classification	NOUN
cjfa-63111	7	5	:	:	PUNCT
cjfa-63111	7	6	d82	d82	NOUN
cjfa-63111	7	7	,	,	PUNCT
cjfa-63111	7	8	g23	g23	NOUN
cjfa-63111	7	9	,	,	PUNCT
cjfa-63111	7	10	g34	g34	NOUN
cjfa-63111	7	11	,	,	PUNCT
cjfa-63111	7	12	m41	m41	PROPN
cjfa-63111	7	13	.	.	PUNCT
cjfa-63111	8	1	abstract	abstract	PROPN
cjfa-63111	8	2	:	:	PUNCT
cjfa-63111	8	3	this	this	DET
cjfa-63111	8	4	study	study	NOUN
cjfa-63111	8	5	addresses	address	VERB
cjfa-63111	8	6	an	an	DET
cjfa-63111	8	7	underexplored	underexplored	ADJ
cjfa-63111	8	8	aspect	aspect	NOUN
cjfa-63111	8	9	of	of	ADP
cjfa-63111	8	10	disclosure	disclosure	NOUN
cjfa-63111	8	11	literature	literature	NOUN
cjfa-63111	8	12	by	by	ADP
cjfa-63111	8	13	examining	examine	VERB
cjfa-63111	8	14	how	how	SCONJ
cjfa-63111	8	15	institutional	institutional	ADJ
cjfa-63111	8	16	investor	investor	NOUN
cjfa-63111	8	17	heterogeneity	heterogeneity	NOUN
cjfa-63111	8	18	–	–	PUNCT
cjfa-63111	8	19	specifically	specifically	ADV
cjfa-63111	8	20	foreign	foreign	ADJ
cjfa-63111	8	21	institutional	institutional	ADJ
cjfa-63111	8	22	investors	investor	NOUN
cjfa-63111	8	23	(	(	PUNCT
cjfa-63111	8	24	fii	fii	PROPN
cjfa-63111	8	25	)	)	PUNCT
cjfa-63111	8	26	and	and	CCONJ
cjfa-63111	8	27	domestic	domestic	ADJ
cjfa-63111	8	28	institutional	institutional	ADJ
cjfa-63111	8	29	investors	investor	NOUN
cjfa-63111	8	30	(	(	PUNCT
cjfa-63111	8	31	dii	dii	PROPN
cjfa-63111	8	32	)	)	PUNCT
cjfa-63111	8	33	–	–	PUNCT
cjfa-63111	8	34	influences	influence	VERB
cjfa-63111	8	35	contingent	contingent	ADJ
cjfa-63111	8	36	liabilities	liability	NOUN
cjfa-63111	8	37	disclosure	disclosure	NOUN
cjfa-63111	8	38	(	(	PUNCT
cjfa-63111	8	39	cld	cld	NOUN
cjfa-63111	8	40	)	)	PUNCT
cjfa-63111	8	41	in	in	ADP
cjfa-63111	8	42	india	india	PROPN
cjfa-63111	8	43	.	.	PUNCT
cjfa-63111	9	1	drawing	draw	VERB
cjfa-63111	9	2	on	on	ADP
cjfa-63111	9	3	agency	agency	NOUN
cjfa-63111	9	4	,	,	PUNCT
cjfa-63111	9	5	stakeholder	stakeholder	NOUN
cjfa-63111	9	6	,	,	PUNCT
cjfa-63111	9	7	and	and	CCONJ
cjfa-63111	9	8	resource	resource	NOUN
cjfa-63111	9	9	dependence	dependence	NOUN
cjfa-63111	9	10	theories	theory	NOUN
cjfa-63111	9	11	,	,	PUNCT
cjfa-63111	9	12	this	this	DET
cjfa-63111	9	13	research	research	NOUN
cjfa-63111	9	14	analyzes	analyze	VERB
cjfa-63111	9	15	how	how	SCONJ
cjfa-63111	9	16	institutional	institutional	ADJ
cjfa-63111	9	17	investors	investor	NOUN
cjfa-63111	9	18	reduce	reduce	VERB
cjfa-63111	9	19	information	information	NOUN
cjfa-63111	9	20	asymmetry	asymmetry	NOUN
cjfa-63111	9	21	and	and	CCONJ
cjfa-63111	9	22	enhance	enhance	VERB
cjfa-63111	9	23	corporate	corporate	ADJ
cjfa-63111	9	24	transparency	transparency	NOUN
cjfa-63111	9	25	.	.	PUNCT
cjfa-63111	10	1	using	use	VERB
cjfa-63111	10	2	data	datum	NOUN
cjfa-63111	10	3	from	from	ADP
cjfa-63111	10	4	430	430	NUM
cjfa-63111	10	5	listed	list	VERB
cjfa-63111	10	6	indian	indian	ADJ
cjfa-63111	10	7	firms	firm	NOUN
cjfa-63111	10	8	spanning	span	VERB
cjfa-63111	10	9	5,483	5,483	NUM
cjfa-63111	10	10	firm	firm	ADJ
cjfa-63111	10	11	-	-	PUNCT
cjfa-63111	10	12	year	year	NOUN
cjfa-63111	10	13	observations	observation	NOUN
cjfa-63111	10	14	(	(	PUNCT
cjfa-63111	10	15	2006–2023	2006–2023	NUM
cjfa-63111	10	16	)	)	PUNCT
cjfa-63111	10	17	,	,	PUNCT
cjfa-63111	10	18	regression	regression	VERB
cjfa-63111	10	19	analysis	analysis	NOUN
cjfa-63111	10	20	is	be	AUX
cjfa-63111	10	21	employed	employ	VERB
cjfa-63111	10	22	to	to	PART
cjfa-63111	10	23	assess	assess	VERB
cjfa-63111	10	24	the	the	DET
cjfa-63111	10	25	differential	differential	ADJ
cjfa-63111	10	26	impacts	impact	NOUN
cjfa-63111	10	27	of	of	ADP
cjfa-63111	10	28	fii	fii	PROPN
cjfa-63111	10	29	and	and	CCONJ
cjfa-63111	10	30	dii	dii	NOUN
cjfa-63111	10	31	on	on	ADP
cjfa-63111	10	32	cld	cld	NOUN
cjfa-63111	10	33	,	,	PUNCT
cjfa-63111	10	34	while	while	SCONJ
cjfa-63111	10	35	controlling	control	VERB
cjfa-63111	10	36	for	for	ADP
cjfa-63111	10	37	firm	firm	ADJ
cjfa-63111	10	38	-	-	PUNCT
cjfa-63111	10	39	specific	specific	ADJ
cjfa-63111	10	40	and	and	CCONJ
cjfa-63111	10	41	sectoral	sectoral	ADJ
cjfa-63111	10	42	variables	variable	NOUN
cjfa-63111	10	43	.	.	PUNCT
cjfa-63111	11	1	the	the	DET
cjfa-63111	11	2	results	result	NOUN
cjfa-63111	11	3	demonstrate	demonstrate	VERB
cjfa-63111	11	4	that	that	SCONJ
cjfa-63111	11	5	institutional	institutional	ADJ
cjfa-63111	11	6	ownership	ownership	NOUN
cjfa-63111	11	7	significantly	significantly	ADV
cjfa-63111	11	8	enhances	enhance	VERB
cjfa-63111	11	9	cld	cld	NOUN
cjfa-63111	11	10	,	,	PUNCT
cjfa-63111	11	11	with	with	ADP
cjfa-63111	11	12	fii	fii	PROPN
cjfa-63111	11	13	exerting	exert	VERB
cjfa-63111	11	14	a	a	DET
cjfa-63111	11	15	notably	notably	ADV
cjfa-63111	11	16	stronger	strong	ADJ
cjfa-63111	11	17	influence	influence	NOUN
cjfa-63111	11	18	compared	compare	VERB
cjfa-63111	11	19	to	to	ADP
cjfa-63111	11	20	dii	dii	PRON
cjfa-63111	11	21	.	.	PUNCT
cjfa-63111	12	1	larger	large	ADJ
cjfa-63111	12	2	firms	firm	NOUN
cjfa-63111	12	3	exhibit	exhibit	VERB
cjfa-63111	12	4	higher	high	ADJ
cjfa-63111	12	5	disclosure	disclosure	NOUN
cjfa-63111	12	6	levels	level	NOUN
cjfa-63111	12	7	due	due	ADJ
cjfa-63111	12	8	to	to	ADP
cjfa-63111	12	9	increased	increase	VERB
cjfa-63111	12	10	scrutiny	scrutiny	NOUN
cjfa-63111	12	11	,	,	PUNCT
cjfa-63111	12	12	whereas	whereas	SCONJ
cjfa-63111	12	13	growth	growth	NOUN
cjfa-63111	12	14	-	-	PUNCT
cjfa-63111	12	15	oriented	orient	VERB
cjfa-63111	12	16	firms	firm	NOUN
cjfa-63111	12	17	tend	tend	VERB
cjfa-63111	12	18	to	to	PART
cjfa-63111	12	19	limit	limit	VERB
cjfa-63111	12	20	disclosure	disclosure	NOUN
cjfa-63111	12	21	strategically	strategically	ADV
cjfa-63111	12	22	to	to	PART
cjfa-63111	12	23	protect	protect	VERB
cjfa-63111	12	24	competitive	competitive	ADJ
cjfa-63111	12	25	advantages	advantage	NOUN
cjfa-63111	12	26	.	.	PUNCT
cjfa-63111	13	1	sectoral	sectoral	ADJ
cjfa-63111	13	2	analysis	analysis	NOUN
cjfa-63111	13	3	reveals	reveal	VERB
cjfa-63111	13	4	stricter	strict	ADJ
cjfa-63111	13	5	compliance	compliance	NOUN
cjfa-63111	13	6	in	in	ADP
cjfa-63111	13	7	basic	basic	ADJ
cjfa-63111	13	8	materials	material	NOUN
cjfa-63111	13	9	and	and	CCONJ
cjfa-63111	13	10	consumer	consumer	NOUN
cjfa-63111	13	11	non	non	ADJ
cjfa-63111	13	12	-	-	ADJ
cjfa-63111	13	13	cyclicals	cyclical	NOUN
cjfa-63111	13	14	industries	industry	NOUN
cjfa-63111	13	15	,	,	PUNCT
cjfa-63111	13	16	with	with	ADP
cjfa-63111	13	17	comparatively	comparatively	ADV
cjfa-63111	13	18	lower	low	ADJ
cjfa-63111	13	19	disclosure	disclosure	NOUN
cjfa-63111	13	20	in	in	ADP
cjfa-63111	13	21	the	the	DET
cjfa-63111	13	22	fimailto:psk@ibsindia.org	fimailto:psk@ibsindia.org	ADJ
cjfa-63111	13	23	srikanth	srikanth	PROPN
cjfa-63111	13	24	potharla7272	potharla7272	PROPN
cjfa-63111	13	25	nancial	nancial	ADJ
cjfa-63111	13	26	and	and	CCONJ
cjfa-63111	13	27	technology	technology	NOUN
cjfa-63111	13	28	sectors	sector	NOUN
cjfa-63111	13	29	.	.	PUNCT
cjfa-63111	14	1	the	the	DET
cjfa-63111	14	2	study	study	NOUN
cjfa-63111	14	3	contributes	contribute	VERB
cjfa-63111	14	4	theoretically	theoretically	ADV
cjfa-63111	14	5	by	by	ADP
cjfa-63111	14	6	highlighting	highlight	VERB
cjfa-63111	14	7	institutional	institutional	ADJ
cjfa-63111	14	8	investors	investor	NOUN
cjfa-63111	14	9	’	'	PUNCT
cjfa-63111	14	10	multifaceted	multifaceted	ADJ
cjfa-63111	14	11	roles	role	NOUN
cjfa-63111	14	12	as	as	ADP
cjfa-63111	14	13	governance	governance	NOUN
cjfa-63111	14	14	agents	agent	NOUN
cjfa-63111	14	15	,	,	PUNCT
cjfa-63111	14	16	stakeholder	stakeholder	NOUN
cjfa-63111	14	17	representatives	representative	NOUN
cjfa-63111	14	18	,	,	PUNCT
cjfa-63111	14	19	and	and	CCONJ
cjfa-63111	14	20	crucial	crucial	ADJ
cjfa-63111	14	21	capital	capital	NOUN
cjfa-63111	14	22	providers	provider	NOUN
cjfa-63111	14	23	.	.	PUNCT
cjfa-63111	15	1	these	these	DET
cjfa-63111	15	2	findings	finding	NOUN
cjfa-63111	15	3	offer	offer	VERB
cjfa-63111	15	4	timely	timely	ADJ
cjfa-63111	15	5	insights	insight	NOUN
cjfa-63111	15	6	for	for	ADP
cjfa-63111	15	7	regulators	regulator	NOUN
cjfa-63111	15	8	and	and	CCONJ
cjfa-63111	15	9	corporate	corporate	ADJ
cjfa-63111	15	10	leaders	leader	NOUN
cjfa-63111	15	11	seeking	seek	VERB
cjfa-63111	15	12	to	to	PART
cjfa-63111	15	13	improve	improve	VERB
cjfa-63111	15	14	transparency	transparency	NOUN
cjfa-63111	15	15	standards	standard	NOUN
cjfa-63111	15	16	and	and	CCONJ
cjfa-63111	15	17	attract	attract	VERB
cjfa-63111	15	18	global	global	ADJ
cjfa-63111	15	19	investment	investment	NOUN
cjfa-63111	15	20	through	through	ADP
cjfa-63111	15	21	enhanced	enhanced	ADJ
cjfa-63111	15	22	disclosure	disclosure	NOUN
cjfa-63111	15	23	policies	policy	NOUN
cjfa-63111	15	24	.	.	PUNCT
cjfa-63111	15	25	 	 	SPACE
cjfa-63111	16	1	introduction	introduction	NOUN
cjfa-63111	16	2	 	 	SPACE
cjfa-63111	16	3	introduction	introduction	NOUN
cjfa-63111	16	4	the	the	DET
cjfa-63111	16	5	disclosure	disclosure	NOUN
cjfa-63111	16	6	of	of	ADP
cjfa-63111	16	7	contingent	contingent	ADJ
cjfa-63111	16	8	liabilities	liability	NOUN
cjfa-63111	16	9	–	–	PUNCT
cjfa-63111	16	10	uncertain	uncertain	ADJ
cjfa-63111	16	11	financial	financial	ADJ
cjfa-63111	16	12	obligations	obligation	NOUN
cjfa-63111	16	13	dependent	dependent	ADJ
cjfa-63111	16	14	on	on	ADP
cjfa-63111	16	15	future	future	ADJ
cjfa-63111	16	16	events	event	NOUN
cjfa-63111	16	17	–	–	PUNCT
cjfa-63111	16	18	is	be	AUX
cjfa-63111	16	19	essential	essential	ADJ
cjfa-63111	16	20	for	for	ADP
cjfa-63111	16	21	corporate	corporate	ADJ
cjfa-63111	16	22	transparency	transparency	NOUN
cjfa-63111	16	23	and	and	CCONJ
cjfa-63111	16	24	accountability	accountability	NOUN
cjfa-63111	16	25	.	.	PUNCT
cjfa-63111	17	1	firms	firm	NOUN
cjfa-63111	17	2	increasingly	increasingly	ADV
cjfa-63111	17	3	face	face	VERB
cjfa-63111	17	4	pressure	pressure	NOUN
cjfa-63111	17	5	to	to	PART
cjfa-63111	17	6	provide	provide	VERB
cjfa-63111	17	7	reliable	reliable	ADJ
cjfa-63111	17	8	,	,	PUNCT
cjfa-63111	17	9	forward	forward	ADV
cjfa-63111	17	10	-	-	PUNCT
cjfa-63111	17	11	looking	look	VERB
cjfa-63111	17	12	information	information	NOUN
cjfa-63111	17	13	to	to	PART
cjfa-63111	17	14	meet	meet	VERB
cjfa-63111	17	15	stakeholder	stakeholder	NOUN
cjfa-63111	17	16	expectations	expectation	NOUN
cjfa-63111	17	17	and	and	CCONJ
cjfa-63111	17	18	regulatory	regulatory	ADJ
cjfa-63111	17	19	mandates	mandate	NOUN
cjfa-63111	17	20	.	.	PUNCT
cjfa-63111	18	1	however	however	ADV
cjfa-63111	18	2	,	,	PUNCT
cjfa-63111	18	3	the	the	DET
cjfa-63111	18	4	extent	extent	NOUN
cjfa-63111	18	5	and	and	CCONJ
cjfa-63111	18	6	quality	quality	NOUN
cjfa-63111	18	7	of	of	ADP
cjfa-63111	18	8	contingent	contingent	ADJ
cjfa-63111	18	9	liabilities	liability	NOUN
cjfa-63111	18	10	disclosure	disclosure	NOUN
cjfa-63111	18	11	(	(	PUNCT
cjfa-63111	18	12	hereafter	hereafter	ADV
cjfa-63111	18	13	,	,	PUNCT
cjfa-63111	18	14	cld	cld	PROPN
cjfa-63111	18	15	)	)	PUNCT
cjfa-63111	18	16	vary	vary	VERB
cjfa-63111	18	17	significantly	significantly	ADV
cjfa-63111	18	18	,	,	PUNCT
cjfa-63111	18	19	influenced	influence	VERB
cjfa-63111	18	20	by	by	ADP
cjfa-63111	18	21	differences	difference	NOUN
cjfa-63111	18	22	in	in	ADP
cjfa-63111	18	23	ownership	ownership	NOUN
cjfa-63111	18	24	structures	structure	NOUN
cjfa-63111	18	25	and	and	CCONJ
cjfa-63111	18	26	governance	governance	NOUN
cjfa-63111	18	27	practices	practice	NOUN
cjfa-63111	18	28	.	.	PUNCT
cjfa-63111	19	1	this	this	DET
cjfa-63111	19	2	study	study	NOUN
cjfa-63111	19	3	investigates	investigate	VERB
cjfa-63111	19	4	the	the	DET
cjfa-63111	19	5	influence	influence	NOUN
cjfa-63111	19	6	of	of	ADP
cjfa-63111	19	7	institutional	institutional	ADJ
cjfa-63111	19	8	investors	investor	NOUN
cjfa-63111	19	9	,	,	PUNCT
cjfa-63111	19	10	specifically	specifically	ADV
cjfa-63111	19	11	foreign	foreign	ADJ
cjfa-63111	19	12	institutional	institutional	ADJ
cjfa-63111	19	13	investors	investor	NOUN
cjfa-63111	19	14	(	(	PUNCT
cjfa-63111	19	15	fii	fii	PROPN
cjfa-63111	19	16	)	)	PUNCT
cjfa-63111	19	17	and	and	CCONJ
cjfa-63111	19	18	domestic	domestic	ADJ
cjfa-63111	19	19	institutional	institutional	ADJ
cjfa-63111	19	20	investors	investor	NOUN
cjfa-63111	19	21	(	(	PUNCT
cjfa-63111	19	22	dii	dii	NOUN
cjfa-63111	19	23	)	)	PUNCT
cjfa-63111	19	24	,	,	PUNCT
cjfa-63111	19	25	on	on	ADP
cjfa-63111	19	26	cld	cld	NOUN
cjfa-63111	19	27	within	within	ADP
cjfa-63111	19	28	the	the	DET
cjfa-63111	19	29	indian	indian	ADJ
cjfa-63111	19	30	corporate	corporate	ADJ
cjfa-63111	19	31	environment	environment	NOUN
cjfa-63111	19	32	.	.	PUNCT
cjfa-63111	20	1	as	as	ADP
cjfa-63111	20	2	a	a	DET
cjfa-63111	20	3	critical	critical	ADJ
cjfa-63111	20	4	aspect	aspect	NOUN
cjfa-63111	20	5	of	of	ADP
cjfa-63111	20	6	risk	risk	NOUN
cjfa-63111	20	7	communication	communication	NOUN
cjfa-63111	20	8	,	,	PUNCT
cjfa-63111	20	9	cld	cld	NOUN
cjfa-63111	20	10	impacts	impact	VERB
cjfa-63111	20	11	investor	investor	NOUN
cjfa-63111	20	12	confidence	confidence	NOUN
cjfa-63111	20	13	,	,	PUNCT
cjfa-63111	20	14	credit	credit	NOUN
cjfa-63111	20	15	ratings	rating	NOUN
cjfa-63111	20	16	,	,	PUNCT
cjfa-63111	20	17	and	and	CCONJ
cjfa-63111	20	18	overall	overall	ADJ
cjfa-63111	20	19	market	market	NOUN
cjfa-63111	20	20	efficiency	efficiency	NOUN
cjfa-63111	20	21	.	.	PUNCT
cjfa-63111	21	1	understanding	understand	VERB
cjfa-63111	21	2	the	the	DET
cjfa-63111	21	3	determinants	determinant	NOUN
cjfa-63111	21	4	of	of	ADP
cjfa-63111	21	5	cld	cld	NOUN
cjfa-63111	21	6	in	in	ADP
cjfa-63111	21	7	emerging	emerge	VERB
cjfa-63111	21	8	markets	market	NOUN
cjfa-63111	21	9	like	like	ADP
cjfa-63111	21	10	india	india	PROPN
cjfa-63111	21	11	is	be	AUX
cjfa-63111	21	12	vital	vital	ADJ
cjfa-63111	21	13	for	for	ADP
cjfa-63111	21	14	aligning	align	VERB
cjfa-63111	21	15	governance	governance	NOUN
cjfa-63111	21	16	systems	system	NOUN
cjfa-63111	21	17	with	with	ADP
cjfa-63111	21	18	global	global	ADJ
cjfa-63111	21	19	transparency	transparency	NOUN
cjfa-63111	21	20	standards	standard	NOUN
cjfa-63111	21	21	.	.	PUNCT
cjfa-63111	22	1	institutional	institutional	ADJ
cjfa-63111	22	2	investors	investor	NOUN
cjfa-63111	22	3	possess	possess	VERB
cjfa-63111	22	4	the	the	DET
cjfa-63111	22	5	resources	resource	NOUN
cjfa-63111	22	6	and	and	CCONJ
cjfa-63111	22	7	incentives	incentive	NOUN
cjfa-63111	22	8	to	to	PART
cjfa-63111	22	9	demand	demand	VERB
cjfa-63111	22	10	greater	great	ADJ
cjfa-63111	22	11	transparency	transparency	NOUN
cjfa-63111	22	12	,	,	PUNCT
cjfa-63111	22	13	yet	yet	CCONJ
cjfa-63111	22	14	their	their	PRON
cjfa-63111	22	15	distinct	distinct	ADJ
cjfa-63111	22	16	roles	role	NOUN
cjfa-63111	22	17	in	in	ADP
cjfa-63111	22	18	shaping	shape	VERB
cjfa-63111	22	19	cld	cld	NOUN
cjfa-63111	22	20	remain	remain	VERB
cjfa-63111	22	21	underexplored	underexplored	ADJ
cjfa-63111	22	22	,	,	PUNCT
cjfa-63111	22	23	warranting	warrant	VERB
cjfa-63111	22	24	further	further	ADJ
cjfa-63111	22	25	examination	examination	NOUN
cjfa-63111	22	26	to	to	PART
cjfa-63111	22	27	understand	understand	VERB
cjfa-63111	22	28	their	their	PRON
cjfa-63111	22	29	impact	impact	NOUN
cjfa-63111	22	30	on	on	ADP
cjfa-63111	22	31	reducing	reduce	VERB
cjfa-63111	22	32	information	information	NOUN
cjfa-63111	22	33	asymmetry	asymmetry	NOUN
cjfa-63111	22	34	and	and	CCONJ
cjfa-63111	22	35	enhancing	enhance	VERB
cjfa-63111	22	36	decision	decision	NOUN
cjfa-63111	22	37	-	-	PUNCT
cjfa-63111	22	38	useful	useful	ADJ
cjfa-63111	22	39	reporting	reporting	NOUN
cjfa-63111	22	40	.	.	PUNCT
cjfa-63111	23	1	this	this	DET
cjfa-63111	23	2	research	research	NOUN
cjfa-63111	23	3	draws	draw	VERB
cjfa-63111	23	4	upon	upon	SCONJ
cjfa-63111	23	5	three	three	NUM
cjfa-63111	23	6	theoretical	theoretical	ADJ
cjfa-63111	23	7	frameworks	framework	NOUN
cjfa-63111	23	8	.	.	PUNCT
cjfa-63111	24	1	agency	agency	NOUN
cjfa-63111	24	2	theory	theory	NOUN
cjfa-63111	24	3	(	(	PUNCT
cjfa-63111	24	4	jensen	jensen	PROPN
cjfa-63111	24	5	&	&	CCONJ
cjfa-63111	24	6	meckling	meckling	PROPN
cjfa-63111	24	7	,	,	PUNCT
cjfa-63111	24	8	1976	1976	NUM
cjfa-63111	24	9	;	;	PUNCT
cjfa-63111	24	10	shleifer	shleifer	PROPN
cjfa-63111	24	11	&	&	CCONJ
cjfa-63111	24	12	vishny	vishny	PROPN
cjfa-63111	24	13	,	,	PUNCT
cjfa-63111	24	14	1997	1997	NUM
cjfa-63111	24	15	)	)	PUNCT
cjfa-63111	24	16	highlights	highlight	VERB
cjfa-63111	24	17	the	the	DET
cjfa-63111	24	18	conflict	conflict	NOUN
cjfa-63111	24	19	between	between	ADP
cjfa-63111	24	20	managers	manager	NOUN
cjfa-63111	24	21	and	and	CCONJ
cjfa-63111	24	22	shareholders	shareholder	NOUN
cjfa-63111	24	23	,	,	PUNCT
cjfa-63111	24	24	proposing	propose	VERB
cjfa-63111	24	25	that	that	SCONJ
cjfa-63111	24	26	institutional	institutional	ADJ
cjfa-63111	24	27	investors	investor	NOUN
cjfa-63111	24	28	mitigate	mitigate	VERB
cjfa-63111	24	29	information	information	NOUN
cjfa-63111	24	30	asymmetry	asymmetry	NOUN
cjfa-63111	24	31	through	through	ADP
cjfa-63111	24	32	enhanced	enhanced	ADJ
cjfa-63111	24	33	monitoring	monitoring	NOUN
cjfa-63111	24	34	and	and	CCONJ
cjfa-63111	24	35	transparency	transparency	NOUN
cjfa-63111	24	36	demands	demand	NOUN
cjfa-63111	24	37	.	.	PUNCT
cjfa-63111	25	1	stakeholder	stakeholder	NOUN
cjfa-63111	25	2	theory	theory	PROPN
cjfa-63111	25	3	(	(	PUNCT
cjfa-63111	25	4	donaldson	donaldson	PROPN
cjfa-63111	25	5	&	&	CCONJ
cjfa-63111	25	6	preston	preston	PROPN
cjfa-63111	25	7	,	,	PUNCT
cjfa-63111	25	8	1995	1995	NUM
cjfa-63111	25	9	;	;	PUNCT
cjfa-63111	25	10	freeman	freeman	NOUN
cjfa-63111	25	11	,	,	PUNCT
cjfa-63111	25	12	wicks	wick	NOUN
cjfa-63111	25	13	&	&	CCONJ
cjfa-63111	25	14	parmar	parmar	PROPN
cjfa-63111	25	15	,	,	PUNCT
cjfa-63111	25	16	2004	2004	NUM
cjfa-63111	25	17	)	)	PUNCT
cjfa-63111	25	18	suggests	suggest	VERB
cjfa-63111	25	19	that	that	SCONJ
cjfa-63111	25	20	firms	firm	NOUN
cjfa-63111	25	21	are	be	AUX
cjfa-63111	25	22	accountable	accountable	ADJ
cjfa-63111	25	23	to	to	ADP
cjfa-63111	25	24	various	various	ADJ
cjfa-63111	25	25	stakeholders	stakeholder	NOUN
cjfa-63111	25	26	–	–	PUNCT
cjfa-63111	25	27	including	include	VERB
cjfa-63111	25	28	regulators	regulator	NOUN
cjfa-63111	25	29	,	,	PUNCT
cjfa-63111	25	30	creditors	creditor	NOUN
cjfa-63111	25	31	,	,	PUNCT
cjfa-63111	25	32	and	and	CCONJ
cjfa-63111	25	33	consumers	consumer	NOUN
cjfa-63111	25	34	and	and	CCONJ
cjfa-63111	25	35	argues	argue	VERB
cjfa-63111	25	36	that	that	SCONJ
cjfa-63111	25	37	transparent	transparent	ADJ
cjfa-63111	25	38	risk	risk	NOUN
cjfa-63111	25	39	reporting	reporting	NOUN
cjfa-63111	25	40	meets	meet	VERB
cjfa-63111	25	41	these	these	DET
cjfa-63111	25	42	stakeholders	stakeholder	NOUN
cjfa-63111	25	43	’	'	PUNCT
cjfa-63111	25	44	needs	need	NOUN
cjfa-63111	25	45	.	.	PUNCT
cjfa-63111	26	1	resource	resource	NOUN
cjfa-63111	26	2	dependence	dependence	NOUN
cjfa-63111	26	3	theory	theory	NOUN
cjfa-63111	26	4	(	(	PUNCT
cjfa-63111	26	5	pfeffer	pfeffer	PROPN
cjfa-63111	26	6	,	,	PUNCT
cjfa-63111	26	7	1972	1972	NUM
cjfa-63111	26	8	;	;	PUNCT
cjfa-63111	26	9	pfeffer	pfeffer	PROPN
cjfa-63111	26	10	&	&	CCONJ
cjfa-63111	26	11	salancik	salancik	PROPN
cjfa-63111	26	12	,	,	PUNCT
cjfa-63111	26	13	1978	1978	NUM
cjfa-63111	26	14	;	;	PUNCT
cjfa-63111	26	15	hillman	hillman	PROPN
cjfa-63111	26	16	,	,	PUNCT
cjfa-63111	26	17	withers	wither	NOUN
cjfa-63111	26	18	&	&	CCONJ
cjfa-63111	26	19	collins	collins	PROPN
cjfa-63111	26	20	,	,	PUNCT
cjfa-63111	26	21	2009	2009	NUM
cjfa-63111	26	22	)	)	PUNCT
cjfa-63111	26	23	emphasizes	emphasize	VERB
cjfa-63111	26	24	firms	firm	NOUN
cjfa-63111	26	25	’	'	PUNCT
cjfa-63111	26	26	dependence	dependence	NOUN
cjfa-63111	26	27	on	on	ADP
cjfa-63111	26	28	external	external	ADJ
cjfa-63111	26	29	capital	capital	NOUN
cjfa-63111	26	30	,	,	PUNCT
cjfa-63111	26	31	proposing	propose	VERB
cjfa-63111	26	32	that	that	SCONJ
cjfa-63111	26	33	institutional	institutional	ADJ
cjfa-63111	26	34	investors	investor	NOUN
cjfa-63111	26	35	,	,	PUNCT
cjfa-63111	26	36	as	as	ADP
cjfa-63111	26	37	key	key	ADJ
cjfa-63111	26	38	financial	financial	ADJ
cjfa-63111	26	39	resource	resource	NOUN
cjfa-63111	26	40	providers	provider	NOUN
cjfa-63111	26	41	,	,	PUNCT
cjfa-63111	26	42	encourage	encourage	VERB
cjfa-63111	26	43	enhanced	enhanced	ADJ
cjfa-63111	26	44	disclosure	disclosure	NOUN
cjfa-63111	26	45	to	to	PART
cjfa-63111	26	46	secure	secure	VERB
cjfa-63111	26	47	ongoing	ongoing	ADJ
cjfa-63111	26	48	funding	funding	NOUN
cjfa-63111	26	49	.	.	PUNCT
cjfa-63111	27	1	together	together	ADV
cjfa-63111	27	2	,	,	PUNCT
cjfa-63111	27	3	these	these	DET
cjfa-63111	27	4	perspectives	perspective	NOUN
cjfa-63111	27	5	form	form	VERB
cjfa-63111	27	6	a	a	DET
cjfa-63111	27	7	comprehensive	comprehensive	ADJ
cjfa-63111	27	8	framework	framework	NOUN
cjfa-63111	27	9	for	for	ADP
cjfa-63111	27	10	analyzing	analyze	VERB
cjfa-63111	27	11	how	how	SCONJ
cjfa-63111	27	12	institutional	institutional	ADJ
cjfa-63111	27	13	ownership	ownership	NOUN
cjfa-63111	27	14	shapes	shape	VERB
cjfa-63111	27	15	cld	cld	NOUN
cjfa-63111	27	16	practices	practice	NOUN
cjfa-63111	27	17	.	.	PUNCT
cjfa-63111	28	1	bridging	bridge	VERB
cjfa-63111	28	2	disclosure	disclosure	NOUN
cjfa-63111	28	3	gaps	gap	NOUN
cjfa-63111	28	4	:	:	PUNCT
cjfa-63111	28	5	the	the	DET
cjfa-63111	28	6	role	role	NOUN
cjfa-63111	28	7	of	of	ADP
cjfa-63111	28	8	institutional	institutional	ADJ
cjfa-63111	28	9	investors	investor	NOUN
cjfa-63111	28	10	…	…	PUNCT
cjfa-63111	28	11	7373	7373	NUM
cjfa-63111	28	12	existing	exist	VERB
cjfa-63111	28	13	literature	literature	NOUN
cjfa-63111	28	14	underscores	underscore	VERB
cjfa-63111	28	15	the	the	DET
cjfa-63111	28	16	role	role	NOUN
cjfa-63111	28	17	of	of	ADP
cjfa-63111	28	18	institutional	institutional	ADJ
cjfa-63111	28	19	investors	investor	NOUN
cjfa-63111	28	20	in	in	ADP
cjfa-63111	28	21	promoting	promote	VERB
cjfa-63111	28	22	corporate	corporate	ADJ
cjfa-63111	28	23	transparency	transparency	NOUN
cjfa-63111	28	24	.	.	PUNCT
cjfa-63111	29	1	for	for	ADP
cjfa-63111	29	2	instance	instance	NOUN
cjfa-63111	29	3	,	,	PUNCT
cjfa-63111	29	4	borochin	borochin	PROPN
cjfa-63111	29	5	,	,	PUNCT
cjfa-63111	29	6	wang	wang	PROPN
cjfa-63111	29	7	and	and	CCONJ
cjfa-63111	29	8	wei	wei	PROPN
cjfa-63111	29	9	(	(	PUNCT
cjfa-63111	29	10	2024	2024	NUM
cjfa-63111	29	11	)	)	PUNCT
cjfa-63111	29	12	and	and	CCONJ
cjfa-63111	29	13	lin	lin	PROPN
cjfa-63111	29	14	,	,	PUNCT
cjfa-63111	29	15	mao	mao	PROPN
cjfa-63111	29	16	and	and	CCONJ
cjfa-63111	29	17	wang	wang	PROPN
cjfa-63111	29	18	(	(	PUNCT
cjfa-63111	29	19	2017	2017	NUM
cjfa-63111	29	20	)	)	PUNCT
cjfa-63111	29	21	demonstrate	demonstrate	VERB
cjfa-63111	29	22	that	that	SCONJ
cjfa-63111	29	23	institutional	institutional	ADJ
cjfa-63111	29	24	ownership	ownership	NOUN
cjfa-63111	29	25	improves	improve	VERB
cjfa-63111	29	26	overall	overall	ADJ
cjfa-63111	29	27	disclosure	disclosure	NOUN
cjfa-63111	29	28	standards	standard	NOUN
cjfa-63111	29	29	,	,	PUNCT
cjfa-63111	29	30	while	while	SCONJ
cjfa-63111	29	31	gross	gross	ADJ
cjfa-63111	29	32	(	(	PUNCT
cjfa-63111	29	33	2022	2022	NUM
cjfa-63111	29	34	)	)	PUNCT
cjfa-63111	29	35	and	and	CCONJ
cjfa-63111	29	36	zhou	zhou	PROPN
cjfa-63111	29	37	and	and	CCONJ
cjfa-63111	29	38	wang	wang	PROPN
cjfa-63111	29	39	(	(	PUNCT
cjfa-63111	29	40	2013	2013	NUM
cjfa-63111	29	41	)	)	PUNCT
cjfa-63111	29	42	link	link	VERB
cjfa-63111	29	43	institutional	institutional	ADJ
cjfa-63111	29	44	ownership	ownership	NOUN
cjfa-63111	29	45	to	to	ADP
cjfa-63111	29	46	better	well	ADJ
cjfa-63111	29	47	recognition	recognition	NOUN
cjfa-63111	29	48	of	of	ADP
cjfa-63111	29	49	contingent	contingent	ADJ
cjfa-63111	29	50	liabilities	liability	NOUN
cjfa-63111	29	51	.	.	PUNCT
cjfa-63111	30	1	nonetheless	nonetheless	ADV
cjfa-63111	30	2	,	,	PUNCT
cjfa-63111	30	3	institutional	institutional	ADJ
cjfa-63111	30	4	investor	investor	NOUN
cjfa-63111	30	5	behavior	behavior	NOUN
cjfa-63111	30	6	is	be	AUX
cjfa-63111	30	7	heterogeneous	heterogeneous	ADJ
cjfa-63111	30	8	.	.	PUNCT
cjfa-63111	31	1	hsu	hsu	PROPN
cjfa-63111	31	2	,	,	PUNCT
cjfa-63111	31	3	lai	lai	PROPN
cjfa-63111	31	4	and	and	CCONJ
cjfa-63111	31	5	li	li	PROPN
cjfa-63111	31	6	(	(	PUNCT
cjfa-63111	31	7	2016	2016	NUM
cjfa-63111	31	8	)	)	PUNCT
cjfa-63111	31	9	show	show	VERB
cjfa-63111	31	10	that	that	SCONJ
cjfa-63111	31	11	domestic	domestic	ADJ
cjfa-63111	31	12	investors	investor	NOUN
cjfa-63111	31	13	may	may	AUX
cjfa-63111	31	14	immediately	immediately	ADV
cjfa-63111	31	15	influence	influence	VERB
cjfa-63111	31	16	transparency	transparency	NOUN
cjfa-63111	31	17	,	,	PUNCT
cjfa-63111	31	18	whereas	whereas	SCONJ
cjfa-63111	31	19	foreign	foreign	ADJ
cjfa-63111	31	20	investors	investor	NOUN
cjfa-63111	31	21	tend	tend	VERB
cjfa-63111	31	22	to	to	PART
cjfa-63111	31	23	have	have	VERB
cjfa-63111	31	24	stronger	strong	ADJ
cjfa-63111	31	25	yet	yet	ADV
cjfa-63111	31	26	delayed	delay	VERB
cjfa-63111	31	27	effects	effect	NOUN
cjfa-63111	31	28	.	.	PUNCT
cjfa-63111	32	1	moreover	moreover	ADV
cjfa-63111	32	2	,	,	PUNCT
cjfa-63111	32	3	concentrated	concentrated	ADJ
cjfa-63111	32	4	ownership	ownership	NOUN
cjfa-63111	32	5	structures	structure	NOUN
cjfa-63111	32	6	and	and	CCONJ
cjfa-63111	32	7	family	family	NOUN
cjfa-63111	32	8	dominance	dominance	NOUN
cjfa-63111	32	9	often	often	ADV
cjfa-63111	32	10	suppress	suppress	VERB
cjfa-63111	32	11	disclosure	disclosure	NOUN
cjfa-63111	32	12	in	in	ADP
cjfa-63111	32	13	emerging	emerge	VERB
cjfa-63111	32	14	markets	market	NOUN
cjfa-63111	32	15	(	(	PUNCT
cjfa-63111	32	16	alshirah	alshirah	PROPN
cjfa-63111	32	17	&	&	CCONJ
cjfa-63111	32	18	alshira’h	alshira’h	ADJ
cjfa-63111	32	19	,	,	PUNCT
cjfa-63111	32	20	2024	2024	NUM
cjfa-63111	32	21	;	;	PUNCT
cjfa-63111	32	22	shiri	shiri	PROPN
cjfa-63111	32	23	,	,	PUNCT
cjfa-63111	32	24	salehi	salehi	PROPN
cjfa-63111	32	25	&	&	CCONJ
cjfa-63111	32	26	radbon	radbon	PROPN
cjfa-63111	32	27	,	,	PUNCT
cjfa-63111	32	28	2016	2016	NUM
cjfa-63111	32	29	)	)	PUNCT
cjfa-63111	32	30	.	.	PUNCT
cjfa-63111	33	1	although	although	SCONJ
cjfa-63111	33	2	these	these	DET
cjfa-63111	33	3	studies	study	NOUN
cjfa-63111	33	4	highlight	highlight	VERB
cjfa-63111	33	5	the	the	DET
cjfa-63111	33	6	importance	importance	NOUN
cjfa-63111	33	7	of	of	ADP
cjfa-63111	33	8	institutional	institutional	ADJ
cjfa-63111	33	9	investors	investor	NOUN
cjfa-63111	33	10	,	,	PUNCT
cjfa-63111	33	11	they	they	PRON
cjfa-63111	33	12	typically	typically	ADV
cjfa-63111	33	13	treat	treat	VERB
cjfa-63111	33	14	them	they	PRON
cjfa-63111	33	15	as	as	ADP
cjfa-63111	33	16	a	a	DET
cjfa-63111	33	17	homogeneous	homogeneous	ADJ
cjfa-63111	33	18	group	group	NOUN
cjfa-63111	33	19	,	,	PUNCT
cjfa-63111	33	20	overlooking	overlook	VERB
cjfa-63111	33	21	the	the	DET
cjfa-63111	33	22	distinct	distinct	ADJ
cjfa-63111	33	23	dynamics	dynamic	NOUN
cjfa-63111	33	24	between	between	ADP
cjfa-63111	33	25	fii	fii	PROPN
cjfa-63111	33	26	and	and	CCONJ
cjfa-63111	33	27	dii	dii	PROPN
cjfa-63111	33	28	(	(	PUNCT
cjfa-63111	33	29	hsu	hsu	PROPN
cjfa-63111	33	30	et	et	PROPN
cjfa-63111	33	31	al	al	PROPN
cjfa-63111	33	32	.	.	PROPN
cjfa-63111	33	33	,	,	PUNCT
cjfa-63111	33	34	2016	2016	NUM
cjfa-63111	33	35	;	;	PUNCT
cjfa-63111	33	36	alshirah	alshirah	PROPN
cjfa-63111	33	37	&	&	CCONJ
cjfa-63111	33	38	alshira’h	alshira’h	ADJ
cjfa-63111	33	39	,	,	PUNCT
cjfa-63111	33	40	2024	2024	NUM
cjfa-63111	33	41	)	)	PUNCT
cjfa-63111	33	42	.	.	PUNCT
cjfa-63111	34	1	the	the	DET
cjfa-63111	34	2	current	current	ADJ
cjfa-63111	34	3	study	study	NOUN
cjfa-63111	34	4	addresses	address	NOUN
cjfa-63111	34	5	this	this	DET
cjfa-63111	34	6	gap	gap	NOUN
cjfa-63111	34	7	by	by	ADP
cjfa-63111	34	8	examining	examine	VERB
cjfa-63111	34	9	the	the	DET
cjfa-63111	34	10	differentiated	differentiated	ADJ
cjfa-63111	34	11	effects	effect	NOUN
cjfa-63111	34	12	of	of	ADP
cjfa-63111	34	13	fii	fii	PROPN
cjfa-63111	34	14	and	and	CCONJ
cjfa-63111	34	15	dii	dii	NOUN
cjfa-63111	34	16	on	on	ADP
cjfa-63111	34	17	cld	cld	NOUN
cjfa-63111	34	18	within	within	ADP
cjfa-63111	34	19	the	the	DET
cjfa-63111	34	20	indian	indian	ADJ
cjfa-63111	34	21	context	context	NOUN
cjfa-63111	34	22	through	through	ADP
cjfa-63111	34	23	a	a	DET
cjfa-63111	34	24	multi	multi	ADJ
cjfa-63111	34	25	-	-	ADJ
cjfa-63111	34	26	theoretical	theoretical	ADJ
cjfa-63111	34	27	lens	len	NOUN
cjfa-63111	34	28	.	.	PUNCT
cjfa-63111	35	1	the	the	DET
cjfa-63111	35	2	empirical	empirical	ADJ
cjfa-63111	35	3	analysis	analysis	NOUN
cjfa-63111	35	4	uses	use	VERB
cjfa-63111	35	5	data	datum	NOUN
cjfa-63111	35	6	from	from	ADP
cjfa-63111	35	7	430	430	NUM
cjfa-63111	35	8	listed	list	VERB
cjfa-63111	35	9	indian	indian	ADJ
cjfa-63111	35	10	firms	firm	NOUN
cjfa-63111	35	11	,	,	PUNCT
cjfa-63111	35	12	encompassing	encompass	VERB
cjfa-63111	35	13	5,483	5,483	NUM
cjfa-63111	35	14	firm	firm	ADJ
cjfa-63111	35	15	-	-	PUNCT
cjfa-63111	35	16	year	year	NOUN
cjfa-63111	35	17	observations	observation	NOUN
cjfa-63111	35	18	from	from	ADP
cjfa-63111	35	19	2006	2006	NUM
cjfa-63111	35	20	to	to	ADP
cjfa-63111	35	21	2023	2023	NUM
cjfa-63111	35	22	.	.	PUNCT
cjfa-63111	36	1	regression	regression	NOUN
cjfa-63111	36	2	models	model	NOUN
cjfa-63111	36	3	test	test	VERB
cjfa-63111	36	4	the	the	DET
cjfa-63111	36	5	relationship	relationship	NOUN
cjfa-63111	36	6	between	between	ADP
cjfa-63111	36	7	institutional	institutional	ADJ
cjfa-63111	36	8	ownership	ownership	NOUN
cjfa-63111	36	9	and	and	CCONJ
cjfa-63111	36	10	cld	cld	NOUN
cjfa-63111	36	11	,	,	PUNCT
cjfa-63111	36	12	separately	separately	ADV
cjfa-63111	36	13	analyzing	analyze	VERB
cjfa-63111	36	14	fii	fii	PROPN
cjfa-63111	36	15	and	and	CCONJ
cjfa-63111	36	16	dii	dii	NOUN
cjfa-63111	36	17	,	,	PUNCT
cjfa-63111	36	18	while	while	SCONJ
cjfa-63111	36	19	controlling	control	VERB
cjfa-63111	36	20	for	for	ADP
cjfa-63111	36	21	variables	variable	NOUN
cjfa-63111	36	22	such	such	ADJ
cjfa-63111	36	23	as	as	ADP
cjfa-63111	36	24	firm	firm	ADJ
cjfa-63111	36	25	size	size	NOUN
cjfa-63111	36	26	,	,	PUNCT
cjfa-63111	36	27	market	market	NOUN
cjfa-63111	36	28	-	-	PUNCT
cjfa-63111	36	29	to	to	ADP
cjfa-63111	36	30	-	-	PUNCT
cjfa-63111	36	31	book	book	NOUN
cjfa-63111	36	32	ratio	ratio	NOUN
cjfa-63111	36	33	,	,	PUNCT
cjfa-63111	36	34	and	and	CCONJ
cjfa-63111	36	35	sector	sector	NOUN
cjfa-63111	36	36	-	-	PUNCT
cjfa-63111	36	37	specific	specific	ADJ
cjfa-63111	36	38	characteristics	characteristic	NOUN
cjfa-63111	36	39	.	.	PUNCT
cjfa-63111	37	1	the	the	DET
cjfa-63111	37	2	results	result	NOUN
cjfa-63111	37	3	indicate	indicate	VERB
cjfa-63111	37	4	that	that	SCONJ
cjfa-63111	37	5	institutional	institutional	ADJ
cjfa-63111	37	6	ownership	ownership	NOUN
cjfa-63111	37	7	significantly	significantly	ADV
cjfa-63111	37	8	enhances	enhance	VERB
cjfa-63111	37	9	cld	cld	NOUN
cjfa-63111	37	10	,	,	PUNCT
cjfa-63111	37	11	with	with	ADP
cjfa-63111	37	12	foreign	foreign	ADJ
cjfa-63111	37	13	institutional	institutional	ADJ
cjfa-63111	37	14	investors	investor	NOUN
cjfa-63111	37	15	exerting	exert	VERB
cjfa-63111	37	16	a	a	DET
cjfa-63111	37	17	stronger	strong	ADJ
cjfa-63111	37	18	positive	positive	ADJ
cjfa-63111	37	19	influence	influence	NOUN
cjfa-63111	37	20	than	than	ADP
cjfa-63111	37	21	domestic	domestic	ADJ
cjfa-63111	37	22	counterparts	counterpart	NOUN
cjfa-63111	37	23	.	.	PUNCT
cjfa-63111	38	1	this	this	DET
cjfa-63111	38	2	finding	finding	NOUN
cjfa-63111	38	3	supports	support	VERB
cjfa-63111	38	4	the	the	DET
cjfa-63111	38	5	theoretical	theoretical	ADJ
cjfa-63111	38	6	assertions	assertion	NOUN
cjfa-63111	38	7	that	that	SCONJ
cjfa-63111	38	8	institutional	institutional	ADJ
cjfa-63111	38	9	investors	investor	NOUN
cjfa-63111	38	10	,	,	PUNCT
cjfa-63111	38	11	particularly	particularly	ADV
cjfa-63111	38	12	fiis	fiis	NOUN
cjfa-63111	38	13	,	,	PUNCT
cjfa-63111	38	14	reduce	reduce	VERB
cjfa-63111	38	15	managerial	managerial	ADJ
cjfa-63111	38	16	discretion	discretion	NOUN
cjfa-63111	38	17	(	(	PUNCT
cjfa-63111	38	18	jensen	jensen	PROPN
cjfa-63111	38	19	&	&	CCONJ
cjfa-63111	38	20	meckling	meckling	PROPN
cjfa-63111	38	21	,	,	PUNCT
cjfa-63111	38	22	1976	1976	NUM
cjfa-63111	38	23	)	)	PUNCT
cjfa-63111	38	24	,	,	PUNCT
cjfa-63111	38	25	enhance	enhance	VERB
cjfa-63111	38	26	accountability	accountability	NOUN
cjfa-63111	38	27	to	to	ADP
cjfa-63111	38	28	broader	broad	ADJ
cjfa-63111	38	29	stakeholder	stakeholder	NOUN
cjfa-63111	38	30	groups	group	NOUN
cjfa-63111	38	31	(	(	PUNCT
cjfa-63111	38	32	donaldson	donaldson	PROPN
cjfa-63111	38	33	&	&	CCONJ
cjfa-63111	38	34	preston	preston	PROPN
cjfa-63111	38	35	,	,	PUNCT
cjfa-63111	38	36	1995	1995	NUM
cjfa-63111	38	37	)	)	PUNCT
cjfa-63111	38	38	,	,	PUNCT
cjfa-63111	38	39	and	and	CCONJ
cjfa-63111	38	40	incentivize	incentivize	VERB
cjfa-63111	38	41	transparency	transparency	NOUN
cjfa-63111	38	42	to	to	PART
cjfa-63111	38	43	secure	secure	VERB
cjfa-63111	38	44	capital	capital	NOUN
cjfa-63111	38	45	inflows	inflow	NOUN
cjfa-63111	38	46	(	(	PUNCT
cjfa-63111	38	47	pfeffer	pfeffer	PROPN
cjfa-63111	38	48	,	,	PUNCT
cjfa-63111	38	49	1972	1972	NUM
cjfa-63111	38	50	)	)	PUNCT
cjfa-63111	38	51	.	.	PUNCT
cjfa-63111	39	1	larger	large	ADJ
cjfa-63111	39	2	firms	firm	NOUN
cjfa-63111	39	3	generally	generally	ADV
cjfa-63111	39	4	disclose	disclose	VERB
cjfa-63111	39	5	more	more	ADV
cjfa-63111	39	6	due	due	ADJ
cjfa-63111	39	7	to	to	ADP
cjfa-63111	39	8	heightened	heightened	ADJ
cjfa-63111	39	9	scrutiny	scrutiny	NOUN
cjfa-63111	39	10	,	,	PUNCT
cjfa-63111	39	11	while	while	SCONJ
cjfa-63111	39	12	growth	growth	NOUN
cjfa-63111	39	13	-	-	PUNCT
cjfa-63111	39	14	oriented	orient	VERB
cjfa-63111	39	15	firms	firm	NOUN
cjfa-63111	39	16	may	may	AUX
cjfa-63111	39	17	strategically	strategically	ADV
cjfa-63111	39	18	withhold	withhold	VERB
cjfa-63111	39	19	disclosure	disclosure	NOUN
cjfa-63111	39	20	to	to	PART
cjfa-63111	39	21	protect	protect	VERB
cjfa-63111	39	22	competitive	competitive	ADJ
cjfa-63111	39	23	advantages	advantage	NOUN
cjfa-63111	39	24	.	.	PUNCT
cjfa-63111	40	1	sectoral	sectoral	ADJ
cjfa-63111	40	2	variations	variation	NOUN
cjfa-63111	40	3	further	far	ADV
cjfa-63111	40	4	highlight	highlight	VERB
cjfa-63111	40	5	how	how	SCONJ
cjfa-63111	40	6	industry	industry	NOUN
cjfa-63111	40	7	-	-	PUNCT
cjfa-63111	40	8	specific	specific	ADJ
cjfa-63111	40	9	norms	norm	NOUN
cjfa-63111	40	10	and	and	CCONJ
cjfa-63111	40	11	regulatory	regulatory	ADJ
cjfa-63111	40	12	expectations	expectation	NOUN
cjfa-63111	40	13	shape	shape	NOUN
cjfa-63111	40	14	disclosure	disclosure	NOUN
cjfa-63111	40	15	practices	practice	NOUN
cjfa-63111	40	16	.	.	PUNCT
cjfa-63111	41	1	by	by	ADP
cjfa-63111	41	2	situating	situate	VERB
cjfa-63111	41	3	institutional	institutional	ADJ
cjfa-63111	41	4	ownership	ownership	NOUN
cjfa-63111	41	5	and	and	CCONJ
cjfa-63111	41	6	cld	cld	NOUN
cjfa-63111	41	7	within	within	ADP
cjfa-63111	41	8	india	india	PROPN
cjfa-63111	41	9	’s	’s	PART
cjfa-63111	41	10	evolving	evolve	VERB
cjfa-63111	41	11	governance	governance	NOUN
cjfa-63111	41	12	framework	framework	NOUN
cjfa-63111	41	13	,	,	PUNCT
cjfa-63111	41	14	this	this	DET
cjfa-63111	41	15	study	study	NOUN
cjfa-63111	41	16	enriches	enrich	VERB
cjfa-63111	41	17	the	the	DET
cjfa-63111	41	18	academic	academic	ADJ
cjfa-63111	41	19	understanding	understanding	NOUN
cjfa-63111	41	20	of	of	ADP
cjfa-63111	41	21	investor	investor	NOUN
cjfa-63111	41	22	heterogeneity	heterogeneity	NOUN
cjfa-63111	41	23	and	and	CCONJ
cjfa-63111	41	24	disclosure	disclosure	NOUN
cjfa-63111	41	25	practices	practice	NOUN
cjfa-63111	41	26	in	in	ADP
cjfa-63111	41	27	emerging	emerge	VERB
cjfa-63111	41	28	markets	market	NOUN
cjfa-63111	41	29	.	.	PUNCT
cjfa-63111	42	1	it	it	PRON
cjfa-63111	42	2	provides	provide	VERB
cjfa-63111	42	3	actionable	actionable	ADJ
cjfa-63111	42	4	insights	insight	NOUN
cjfa-63111	42	5	for	for	ADP
cjfa-63111	42	6	corporate	corporate	ADJ
cjfa-63111	42	7	leaders	leader	NOUN
cjfa-63111	42	8	aiming	aim	VERB
cjfa-63111	42	9	to	to	PART
cjfa-63111	42	10	align	align	VERB
cjfa-63111	42	11	risk	risk	NOUN
cjfa-63111	42	12	disclosures	disclosure	NOUN
cjfa-63111	42	13	with	with	ADP
cjfa-63111	42	14	investor	investor	NOUN
cjfa-63111	42	15	expectations	expectation	NOUN
cjfa-63111	42	16	and	and	CCONJ
cjfa-63111	42	17	for	for	ADP
cjfa-63111	42	18	policymakers	policymaker	NOUN
cjfa-63111	42	19	striving	strive	VERB
cjfa-63111	42	20	to	to	PART
cjfa-63111	42	21	enhance	enhance	VERB
cjfa-63111	42	22	the	the	DET
cjfa-63111	42	23	effective	effective	ADJ
cjfa-63111	42	24	srikanth	srikanth	NOUN
cjfa-63111	42	25	potharla7474	potharla7474	PROPN
cjfa-63111	42	26	ness	ness	NOUN
cjfa-63111	42	27	of	of	ADP
cjfa-63111	42	28	disclosure	disclosure	NOUN
cjfa-63111	42	29	regulations	regulation	NOUN
cjfa-63111	42	30	.	.	PUNCT
cjfa-63111	43	1	ultimately	ultimately	ADV
cjfa-63111	43	2	,	,	PUNCT
cjfa-63111	43	3	this	this	DET
cjfa-63111	43	4	research	research	NOUN
cjfa-63111	43	5	contributes	contribute	VERB
cjfa-63111	43	6	to	to	ADP
cjfa-63111	43	7	ongoing	ongoing	ADJ
cjfa-63111	43	8	efforts	effort	NOUN
cjfa-63111	43	9	to	to	PART
cjfa-63111	43	10	improve	improve	VERB
cjfa-63111	43	11	transparency	transparency	NOUN
cjfa-63111	43	12	,	,	PUNCT
cjfa-63111	43	13	accountability	accountability	NOUN
cjfa-63111	43	14	,	,	PUNCT
cjfa-63111	43	15	and	and	CCONJ
cjfa-63111	43	16	investor	investor	NOUN
cjfa-63111	43	17	confidence	confidence	NOUN
cjfa-63111	43	18	in	in	ADP
cjfa-63111	43	19	developing	develop	VERB
cjfa-63111	43	20	economies	economy	NOUN
cjfa-63111	43	21	.	.	PUNCT
cjfa-63111	44	1	theoretical	theoretical	ADJ
cjfa-63111	44	2	backgroundtheoretical	backgroundtheoretical	ADJ
cjfa-63111	44	3	background	background	NOUN
cjfa-63111	44	4	agency	agency	NOUN
cjfa-63111	44	5	theory	theory	NOUN
cjfa-63111	44	6	emphasizes	emphasize	VERB
cjfa-63111	44	7	the	the	DET
cjfa-63111	44	8	conflict	conflict	NOUN
cjfa-63111	44	9	between	between	ADP
cjfa-63111	44	10	managers	manager	NOUN
cjfa-63111	44	11	(	(	PUNCT
cjfa-63111	44	12	agents	agent	NOUN
cjfa-63111	44	13	)	)	PUNCT
cjfa-63111	44	14	and	and	CCONJ
cjfa-63111	44	15	shareholders	shareholder	NOUN
cjfa-63111	44	16	(	(	PUNCT
cjfa-63111	44	17	principals	principal	NOUN
cjfa-63111	44	18	)	)	PUNCT
cjfa-63111	44	19	,	,	PUNCT
cjfa-63111	44	20	typically	typically	ADV
cjfa-63111	44	21	leading	lead	VERB
cjfa-63111	44	22	to	to	ADP
cjfa-63111	44	23	information	information	NOUN
cjfa-63111	44	24	asymmetry	asymmetry	NOUN
cjfa-63111	44	25	(	(	PUNCT
cjfa-63111	44	26	jensen	jensen	PROPN
cjfa-63111	44	27	&	&	CCONJ
cjfa-63111	44	28	meckling	meckling	PROPN
cjfa-63111	44	29	,	,	PUNCT
cjfa-63111	44	30	1976	1976	NUM
cjfa-63111	44	31	;	;	PUNCT
cjfa-63111	44	32	fama	fama	NOUN
cjfa-63111	44	33	,	,	PUNCT
cjfa-63111	44	34	1980	1980	NUM
cjfa-63111	44	35	;	;	PUNCT
cjfa-63111	44	36	shleifer	shleifer	PROPN
cjfa-63111	44	37	&	&	CCONJ
cjfa-63111	44	38	vishny	vishny	PROPN
cjfa-63111	44	39	,	,	PUNCT
cjfa-63111	44	40	1997	1997	NUM
cjfa-63111	44	41	)	)	PUNCT
cjfa-63111	44	42	.	.	PUNCT
cjfa-63111	45	1	institutional	institutional	ADJ
cjfa-63111	45	2	investors	investor	NOUN
cjfa-63111	45	3	play	play	VERB
cjfa-63111	45	4	a	a	DET
cjfa-63111	45	5	crucial	crucial	ADJ
cjfa-63111	45	6	monitoring	monitoring	NOUN
cjfa-63111	45	7	role	role	NOUN
cjfa-63111	45	8	,	,	PUNCT
cjfa-63111	45	9	demanding	demand	VERB
cjfa-63111	45	10	transparent	transparent	ADJ
cjfa-63111	45	11	risk	risk	NOUN
cjfa-63111	45	12	reporting	reporting	NOUN
cjfa-63111	45	13	,	,	PUNCT
cjfa-63111	45	14	including	include	VERB
cjfa-63111	45	15	contingent	contingent	ADJ
cjfa-63111	45	16	liabilities	liability	NOUN
cjfa-63111	45	17	,	,	PUNCT
cjfa-63111	45	18	to	to	PART
cjfa-63111	45	19	curb	curb	VERB
cjfa-63111	45	20	managerial	managerial	ADJ
cjfa-63111	45	21	discretion	discretion	NOUN
cjfa-63111	45	22	and	and	CCONJ
cjfa-63111	45	23	lower	low	ADJ
cjfa-63111	45	24	agency	agency	NOUN
cjfa-63111	45	25	costs	cost	NOUN
cjfa-63111	45	26	.	.	PUNCT
cjfa-63111	46	1	by	by	ADP
cjfa-63111	46	2	insisting	insist	VERB
cjfa-63111	46	3	on	on	ADP
cjfa-63111	46	4	clearer	clear	ADJ
cjfa-63111	46	5	and	and	CCONJ
cjfa-63111	46	6	more	more	ADV
cjfa-63111	46	7	comprehensive	comprehensive	ADJ
cjfa-63111	46	8	disclosures	disclosure	NOUN
cjfa-63111	46	9	,	,	PUNCT
cjfa-63111	46	10	institutional	institutional	ADJ
cjfa-63111	46	11	investors	investor	NOUN
cjfa-63111	46	12	strengthen	strengthen	VERB
cjfa-63111	46	13	internal	internal	ADJ
cjfa-63111	46	14	governance	governance	NOUN
cjfa-63111	46	15	mechanisms	mechanism	NOUN
cjfa-63111	46	16	and	and	CCONJ
cjfa-63111	46	17	improve	improve	VERB
cjfa-63111	46	18	informational	informational	ADJ
cjfa-63111	46	19	reliability	reliability	NOUN
cjfa-63111	46	20	.	.	PUNCT
cjfa-63111	47	1	in	in	ADP
cjfa-63111	47	2	contrast	contrast	NOUN
cjfa-63111	47	3	to	to	ADP
cjfa-63111	47	4	agency	agency	NOUN
cjfa-63111	47	5	theory	theory	NOUN
cjfa-63111	47	6	,	,	PUNCT
cjfa-63111	47	7	stakeholder	stakeholder	NOUN
cjfa-63111	47	8	theory	theory	NOUN
cjfa-63111	47	9	regards	regard	VERB
cjfa-63111	47	10	firms	firm	NOUN
cjfa-63111	47	11	as	as	ADP
cjfa-63111	47	12	accountable	accountable	ADJ
cjfa-63111	47	13	to	to	ADP
cjfa-63111	47	14	a	a	DET
cjfa-63111	47	15	broader	broad	ADJ
cjfa-63111	47	16	array	array	NOUN
cjfa-63111	47	17	of	of	ADP
cjfa-63111	47	18	groups	group	NOUN
cjfa-63111	47	19	,	,	PUNCT
cjfa-63111	47	20	including	include	VERB
cjfa-63111	47	21	creditors	creditor	NOUN
cjfa-63111	47	22	,	,	PUNCT
cjfa-63111	47	23	regulators	regulator	NOUN
cjfa-63111	47	24	,	,	PUNCT
cjfa-63111	47	25	and	and	CCONJ
cjfa-63111	47	26	consumers	consumer	NOUN
cjfa-63111	47	27	,	,	PUNCT
cjfa-63111	47	28	beyond	beyond	ADP
cjfa-63111	47	29	just	just	ADV
cjfa-63111	47	30	shareholders	shareholder	NOUN
cjfa-63111	47	31	(	(	PUNCT
cjfa-63111	47	32	donaldson	donaldson	PROPN
cjfa-63111	47	33	&	&	CCONJ
cjfa-63111	47	34	preston	preston	PROPN
cjfa-63111	47	35	,	,	PUNCT
cjfa-63111	47	36	1995	1995	NUM
cjfa-63111	47	37	;	;	PUNCT
cjfa-63111	47	38	freeman	freeman	PROPN
cjfa-63111	47	39	et	et	PROPN
cjfa-63111	47	40	al	al	PROPN
cjfa-63111	47	41	.	.	PROPN
cjfa-63111	47	42	,	,	PUNCT
cjfa-63111	47	43	2004	2004	NUM
cjfa-63111	47	44	)	)	PUNCT
cjfa-63111	47	45	.	.	PUNCT
cjfa-63111	48	1	contingent	contingent	ADJ
cjfa-63111	48	2	liabilities	liability	NOUN
cjfa-63111	48	3	disclosure	disclosure	NOUN
cjfa-63111	48	4	functions	function	NOUN
cjfa-63111	48	5	as	as	ADP
cjfa-63111	48	6	a	a	DET
cjfa-63111	48	7	mechanism	mechanism	NOUN
cjfa-63111	48	8	through	through	ADP
cjfa-63111	48	9	which	which	PRON
cjfa-63111	48	10	firms	firm	NOUN
cjfa-63111	48	11	signal	signal	VERB
cjfa-63111	48	12	responsibility	responsibility	NOUN
cjfa-63111	48	13	and	and	CCONJ
cjfa-63111	48	14	establish	establish	VERB
cjfa-63111	48	15	legitimacy	legitimacy	NOUN
cjfa-63111	48	16	.	.	PUNCT
cjfa-63111	49	1	institutional	institutional	ADJ
cjfa-63111	49	2	investors	investor	NOUN
cjfa-63111	49	3	,	,	PUNCT
cjfa-63111	49	4	often	often	ADV
cjfa-63111	49	5	representing	represent	VERB
cjfa-63111	49	6	both	both	CCONJ
cjfa-63111	49	7	financial	financial	ADJ
cjfa-63111	49	8	and	and	CCONJ
cjfa-63111	49	9	societal	societal	ADJ
cjfa-63111	49	10	interests	interest	NOUN
cjfa-63111	49	11	,	,	PUNCT
cjfa-63111	49	12	pressure	pressure	NOUN
cjfa-63111	49	13	firms	firm	NOUN
cjfa-63111	49	14	to	to	PART
cjfa-63111	49	15	meet	meet	VERB
cjfa-63111	49	16	these	these	DET
cjfa-63111	49	17	broader	broad	ADJ
cjfa-63111	49	18	stakeholder	stakeholder	NOUN
cjfa-63111	49	19	expectations	expectation	NOUN
cjfa-63111	49	20	.	.	PUNCT
cjfa-63111	50	1	enhanced	enhance	VERB
cjfa-63111	50	2	contingent	contingent	ADJ
cjfa-63111	50	3	liabilities	liability	NOUN
cjfa-63111	50	4	disclosure	disclosure	NOUN
cjfa-63111	50	5	thus	thus	ADV
cjfa-63111	50	6	reflects	reflect	VERB
cjfa-63111	50	7	not	not	PART
cjfa-63111	50	8	only	only	ADV
cjfa-63111	50	9	investor	investor	NOUN
cjfa-63111	50	10	scrutiny	scrutiny	NOUN
cjfa-63111	50	11	but	but	CCONJ
cjfa-63111	50	12	also	also	ADV
cjfa-63111	50	13	a	a	DET
cjfa-63111	50	14	firm	firm	NOUN
cjfa-63111	50	15	’s	’s	PART
cjfa-63111	50	16	commitment	commitment	NOUN
cjfa-63111	50	17	to	to	ADP
cjfa-63111	50	18	ethical	ethical	ADJ
cjfa-63111	50	19	and	and	CCONJ
cjfa-63111	50	20	stakeholder	stakeholder	NOUN
cjfa-63111	50	21	-	-	PUNCT
cjfa-63111	50	22	oriented	orient	VERB
cjfa-63111	50	23	transparency	transparency	NOUN
cjfa-63111	50	24	.	.	PUNCT
cjfa-63111	51	1	resource	resource	NOUN
cjfa-63111	51	2	dependence	dependence	NOUN
cjfa-63111	51	3	theory	theory	NOUN
cjfa-63111	51	4	(	(	PUNCT
cjfa-63111	51	5	pfeffer	pfeffer	PROPN
cjfa-63111	51	6	,	,	PUNCT
cjfa-63111	51	7	1972	1972	NUM
cjfa-63111	51	8	;	;	PUNCT
cjfa-63111	51	9	hillman	hillman	PROPN
cjfa-63111	51	10	&	&	CCONJ
cjfa-63111	51	11	dalziel	dalziel	PROPN
cjfa-63111	51	12	,	,	PUNCT
cjfa-63111	51	13	2003	2003	NUM
cjfa-63111	51	14	;	;	PUNCT
cjfa-63111	51	15	hillman	hillman	PROPN
cjfa-63111	51	16	et	et	PROPN
cjfa-63111	51	17	al	al	PROPN
cjfa-63111	51	18	.	.	PROPN
cjfa-63111	51	19	,	,	PUNCT
cjfa-63111	51	20	2009	2009	NUM
cjfa-63111	51	21	)	)	PUNCT
cjfa-63111	51	22	further	far	ADV
cjfa-63111	51	23	underscores	underscore	VERB
cjfa-63111	51	24	that	that	SCONJ
cjfa-63111	51	25	firms	firm	NOUN
cjfa-63111	51	26	depend	depend	VERB
cjfa-63111	51	27	on	on	ADP
cjfa-63111	51	28	external	external	ADJ
cjfa-63111	51	29	capital	capital	NOUN
cjfa-63111	51	30	and	and	CCONJ
cjfa-63111	51	31	must	must	AUX
cjfa-63111	51	32	maintain	maintain	VERB
cjfa-63111	51	33	investor	investor	NOUN
cjfa-63111	51	34	confidence	confidence	NOUN
cjfa-63111	51	35	to	to	PART
cjfa-63111	51	36	secure	secure	VERB
cjfa-63111	51	37	ongoing	ongoing	ADJ
cjfa-63111	51	38	resource	resource	NOUN
cjfa-63111	51	39	flows	flow	NOUN
cjfa-63111	51	40	.	.	PUNCT
cjfa-63111	52	1	institutional	institutional	ADJ
cjfa-63111	52	2	investors	investor	NOUN
cjfa-63111	52	3	,	,	PUNCT
cjfa-63111	52	4	as	as	ADP
cjfa-63111	52	5	key	key	ADJ
cjfa-63111	52	6	financial	financial	ADJ
cjfa-63111	52	7	resource	resource	NOUN
cjfa-63111	52	8	providers	provider	NOUN
cjfa-63111	52	9	,	,	PUNCT
cjfa-63111	52	10	wield	wield	VERB
cjfa-63111	52	11	significant	significant	ADJ
cjfa-63111	52	12	influence	influence	NOUN
cjfa-63111	52	13	over	over	ADP
cjfa-63111	52	14	corporate	corporate	ADJ
cjfa-63111	52	15	policies	policy	NOUN
cjfa-63111	52	16	and	and	CCONJ
cjfa-63111	52	17	disclosure	disclosure	NOUN
cjfa-63111	52	18	practices	practice	NOUN
cjfa-63111	52	19	.	.	PUNCT
cjfa-63111	53	1	firms	firm	NOUN
cjfa-63111	53	2	respond	respond	VERB
cjfa-63111	53	3	by	by	ADP
cjfa-63111	53	4	enhancing	enhance	VERB
cjfa-63111	53	5	the	the	DET
cjfa-63111	53	6	quality	quality	NOUN
cjfa-63111	53	7	and	and	CCONJ
cjfa-63111	53	8	clarity	clarity	NOUN
cjfa-63111	53	9	of	of	ADP
cjfa-63111	53	10	contingent	contingent	ADJ
cjfa-63111	53	11	liabilities	liability	NOUN
cjfa-63111	53	12	information	information	NOUN
cjfa-63111	53	13	,	,	PUNCT
cjfa-63111	53	14	thereby	thereby	ADV
cjfa-63111	53	15	reducing	reduce	VERB
cjfa-63111	53	16	investor	investor	NOUN
cjfa-63111	53	17	uncertainty	uncertainty	NOUN
cjfa-63111	53	18	and	and	CCONJ
cjfa-63111	53	19	ensuring	ensure	VERB
cjfa-63111	53	20	continued	continue	VERB
cjfa-63111	53	21	access	access	NOUN
cjfa-63111	53	22	to	to	ADP
cjfa-63111	53	23	vital	vital	ADJ
cjfa-63111	53	24	external	external	ADJ
cjfa-63111	53	25	resources	resource	NOUN
cjfa-63111	53	26	.	.	PUNCT
cjfa-63111	54	1	together	together	ADV
cjfa-63111	54	2	,	,	PUNCT
cjfa-63111	54	3	these	these	DET
cjfa-63111	54	4	theoretical	theoretical	ADJ
cjfa-63111	54	5	frameworks	framework	NOUN
cjfa-63111	54	6	offer	offer	VERB
cjfa-63111	54	7	a	a	DET
cjfa-63111	54	8	multi	multi	ADJ
cjfa-63111	54	9	-	-	ADJ
cjfa-63111	54	10	dimensional	dimensional	ADJ
cjfa-63111	54	11	perspective	perspective	NOUN
cjfa-63111	54	12	:	:	PUNCT
cjfa-63111	54	13	institutional	institutional	ADJ
cjfa-63111	54	14	investors	investor	NOUN
cjfa-63111	54	15	influence	influence	VERB
cjfa-63111	54	16	cld	cld	NOUN
cjfa-63111	54	17	by	by	ADP
cjfa-63111	54	18	(	(	PUNCT
cjfa-63111	54	19	a	a	PRON
cjfa-63111	54	20	)	)	PUNCT
cjfa-63111	54	21	monitoring	monitoring	NOUN
cjfa-63111	54	22	and	and	CCONJ
cjfa-63111	54	23	reducing	reduce	VERB
cjfa-63111	54	24	managerial	managerial	ADJ
cjfa-63111	54	25	opacity	opacity	NOUN
cjfa-63111	54	26	(	(	PUNCT
cjfa-63111	54	27	agency	agency	NOUN
cjfa-63111	54	28	)	)	PUNCT
cjfa-63111	54	29	,	,	PUNCT
cjfa-63111	54	30	(	(	PUNCT
cjfa-63111	54	31	b	b	X
cjfa-63111	54	32	)	)	PUNCT
cjfa-63111	54	33	promoting	promote	VERB
cjfa-63111	54	34	legitimacy	legitimacy	NOUN
cjfa-63111	54	35	and	and	CCONJ
cjfa-63111	54	36	stakeholder	stakeholder	NOUN
cjfa-63111	54	37	trust	trust	NOUN
cjfa-63111	54	38	(	(	PUNCT
cjfa-63111	54	39	stakeholder	stakeholder	NOUN
cjfa-63111	54	40	)	)	PUNCT
cjfa-63111	54	41	,	,	PUNCT
cjfa-63111	54	42	and	and	CCONJ
cjfa-63111	54	43	(	(	PUNCT
cjfa-63111	54	44	c	c	X
cjfa-63111	54	45	)	)	PUNCT
cjfa-63111	54	46	securing	secure	VERB
cjfa-63111	54	47	consistent	consistent	ADJ
cjfa-63111	54	48	external	external	ADJ
cjfa-63111	54	49	financing	financing	NOUN
cjfa-63111	54	50	(	(	PUNCT
cjfa-63111	54	51	resource	resource	NOUN
cjfa-63111	54	52	dependence	dependence	NOUN
cjfa-63111	54	53	)	)	PUNCT
cjfa-63111	54	54	.	.	PUNCT
cjfa-63111	55	1	this	this	DET
cjfa-63111	55	2	integrated	integrate	VERB
cjfa-63111	55	3	theoretical	theoretical	ADJ
cjfa-63111	55	4	foundation	foundation	NOUN
cjfa-63111	55	5	clarifies	clarify	VERB
cjfa-63111	55	6	why	why	SCONJ
cjfa-63111	55	7	and	and	CCONJ
cjfa-63111	55	8	how	how	SCONJ
cjfa-63111	55	9	institutional	institutional	ADJ
cjfa-63111	55	10	ownership	ownership	NOUN
cjfa-63111	55	11	,	,	PUNCT
cjfa-63111	55	12	especially	especially	ADV
cjfa-63111	55	13	amid	amid	ADP
cjfa-63111	55	14	uncertainties	uncertainty	NOUN
cjfa-63111	55	15	surrounding	surround	VERB
cjfa-63111	55	16	contingent	contingent	ADJ
cjfa-63111	55	17	liabilities	liability	NOUN
cjfa-63111	55	18	,	,	PUNCT
cjfa-63111	55	19	enhances	enhance	VERB
cjfa-63111	55	20	corporate	corporate	ADJ
cjfa-63111	55	21	transparency	transparency	NOUN
cjfa-63111	55	22	and	and	CCONJ
cjfa-63111	55	23	governance	governance	NOUN
cjfa-63111	55	24	.	.	PUNCT
cjfa-63111	56	1	bridging	bridge	VERB
cjfa-63111	56	2	disclosure	disclosure	NOUN
cjfa-63111	56	3	gaps	gap	NOUN
cjfa-63111	56	4	:	:	PUNCT
cjfa-63111	56	5	the	the	DET
cjfa-63111	56	6	role	role	NOUN
cjfa-63111	56	7	of	of	ADP
cjfa-63111	56	8	institutional	institutional	ADJ
cjfa-63111	56	9	investors	investor	NOUN
cjfa-63111	56	10	…	…	PUNCT
cjfa-63111	56	11	7575	7575	NUM
cjfa-63111	56	12	literature	literature	NOUN
cjfa-63111	56	13	reviewliterature	reviewliterature	NOUN
cjfa-63111	56	14	review	review	VERB
cjfa-63111	56	15	a	a	DET
cjfa-63111	56	16	growing	grow	VERB
cjfa-63111	56	17	body	body	NOUN
cjfa-63111	56	18	of	of	ADP
cjfa-63111	56	19	research	research	NOUN
cjfa-63111	56	20	demonstrates	demonstrate	VERB
cjfa-63111	56	21	that	that	SCONJ
cjfa-63111	56	22	institutional	institutional	ADJ
cjfa-63111	56	23	investors	investor	NOUN
cjfa-63111	56	24	play	play	VERB
cjfa-63111	56	25	a	a	DET
cjfa-63111	56	26	pivotal	pivotal	ADJ
cjfa-63111	56	27	role	role	NOUN
cjfa-63111	56	28	in	in	ADP
cjfa-63111	56	29	shaping	shape	VERB
cjfa-63111	56	30	corporate	corporate	ADJ
cjfa-63111	56	31	disclosure	disclosure	NOUN
cjfa-63111	56	32	practices	practice	NOUN
cjfa-63111	56	33	and	and	CCONJ
cjfa-63111	56	34	reducing	reduce	VERB
cjfa-63111	56	35	information	information	NOUN
cjfa-63111	56	36	asymmetries	asymmetry	NOUN
cjfa-63111	56	37	.	.	PUNCT
cjfa-63111	57	1	their	their	PRON
cjfa-63111	57	2	presence	presence	NOUN
cjfa-63111	57	3	often	often	ADV
cjfa-63111	57	4	compels	compel	VERB
cjfa-63111	57	5	management	management	NOUN
cjfa-63111	57	6	to	to	PART
cjfa-63111	57	7	provide	provide	VERB
cjfa-63111	57	8	more	more	ADV
cjfa-63111	57	9	timely	timely	ADJ
cjfa-63111	57	10	,	,	PUNCT
cjfa-63111	57	11	reliable	reliable	ADJ
cjfa-63111	57	12	,	,	PUNCT
cjfa-63111	57	13	and	and	CCONJ
cjfa-63111	57	14	decision	decision	NOUN
cjfa-63111	57	15	-	-	PUNCT
cjfa-63111	57	16	useful	useful	ADJ
cjfa-63111	57	17	information	information	NOUN
cjfa-63111	57	18	.	.	PUNCT
cjfa-63111	58	1	for	for	ADP
cjfa-63111	58	2	instance	instance	NOUN
cjfa-63111	58	3	,	,	PUNCT
cjfa-63111	58	4	long	long	ADJ
cjfa-63111	58	5	-	-	PUNCT
cjfa-63111	58	6	horizon	horizon	NOUN
cjfa-63111	58	7	institutional	institutional	ADJ
cjfa-63111	58	8	investors	investor	NOUN
cjfa-63111	58	9	improve	improve	VERB
cjfa-63111	58	10	market	market	NOUN
cjfa-63111	58	11	efficiency	efficiency	NOUN
cjfa-63111	58	12	and	and	CCONJ
cjfa-63111	58	13	drive	drive	VERB
cjfa-63111	58	14	peer	peer	NOUN
cjfa-63111	58	15	pressure	pressure	NOUN
cjfa-63111	58	16	for	for	ADP
cjfa-63111	58	17	clearer	clear	ADJ
cjfa-63111	58	18	and	and	CCONJ
cjfa-63111	58	19	higher	high	ADJ
cjfa-63111	58	20	voluntary	voluntary	ADJ
cjfa-63111	58	21	disclosure	disclosure	NOUN
cjfa-63111	58	22	standards	standard	NOUN
cjfa-63111	58	23	(	(	PUNCT
cjfa-63111	58	24	borochin	borochin	NOUN
cjfa-63111	58	25	et	et	PROPN
cjfa-63111	58	26	al	al	PROPN
cjfa-63111	58	27	.	.	PROPN
cjfa-63111	58	28	,	,	PUNCT
cjfa-63111	58	29	2024	2024	NUM
cjfa-63111	58	30	;	;	PUNCT
cjfa-63111	58	31	lin	lin	PROPN
cjfa-63111	58	32	et	et	PROPN
cjfa-63111	58	33	al	al	PROPN
cjfa-63111	58	34	.	.	PROPN
cjfa-63111	58	35	,	,	PUNCT
cjfa-63111	58	36	2017	2017	NUM
cjfa-63111	58	37	)	)	PUNCT
cjfa-63111	58	38	.	.	PUNCT
cjfa-63111	59	1	in	in	ADP
cjfa-63111	59	2	various	various	ADJ
cjfa-63111	59	3	markets	market	NOUN
cjfa-63111	59	4	,	,	PUNCT
cjfa-63111	59	5	such	such	ADJ
cjfa-63111	59	6	as	as	ADP
cjfa-63111	59	7	china	china	PROPN
cjfa-63111	59	8	,	,	PUNCT
cjfa-63111	59	9	japan	japan	PROPN
cjfa-63111	59	10	,	,	PUNCT
cjfa-63111	59	11	and	and	CCONJ
cjfa-63111	59	12	the	the	DET
cjfa-63111	59	13	united	united	PROPN
cjfa-63111	59	14	states	states	PROPN
cjfa-63111	59	15	,	,	PUNCT
cjfa-63111	59	16	institutional	institutional	ADJ
cjfa-63111	59	17	ownership	ownership	NOUN
cjfa-63111	59	18	has	have	AUX
cjfa-63111	59	19	been	be	AUX
cjfa-63111	59	20	linked	link	VERB
cjfa-63111	59	21	to	to	ADP
cjfa-63111	59	22	improved	improve	VERB
cjfa-63111	59	23	risk	risk	NOUN
cjfa-63111	59	24	disclosure	disclosure	NOUN
cjfa-63111	59	25	and	and	CCONJ
cjfa-63111	59	26	better	well	ADJ
cjfa-63111	59	27	recognition	recognition	NOUN
cjfa-63111	59	28	of	of	ADP
cjfa-63111	59	29	contingent	contingent	ADJ
cjfa-63111	59	30	liabilities	liability	NOUN
cjfa-63111	59	31	(	(	PUNCT
cjfa-63111	59	32	zhou	zhou	PROPN
cjfa-63111	59	33	&	&	CCONJ
cjfa-63111	59	34	wang	wang	PROPN
cjfa-63111	59	35	,	,	PUNCT
cjfa-63111	59	36	2013	2013	NUM
cjfa-63111	59	37	;	;	PUNCT
cjfa-63111	59	38	nagata	nagata	PROPN
cjfa-63111	59	39	&	&	CCONJ
cjfa-63111	59	40	nguyen	nguyen	PROPN
cjfa-63111	59	41	,	,	PUNCT
cjfa-63111	59	42	2017	2017	NUM
cjfa-63111	59	43	;	;	PUNCT
cjfa-63111	59	44	gross	gross	ADJ
cjfa-63111	59	45	,	,	PUNCT
cjfa-63111	59	46	2022	2022	NUM
cjfa-63111	59	47	)	)	PUNCT
cjfa-63111	59	48	.	.	PUNCT
cjfa-63111	60	1	meta	meta	ADJ
cjfa-63111	60	2	-	-	PUNCT
cjfa-63111	60	3	analytic	analytic	ADJ
cjfa-63111	60	4	evidence	evidence	NOUN
cjfa-63111	60	5	supports	support	VERB
cjfa-63111	60	6	these	these	DET
cjfa-63111	60	7	findings	finding	NOUN
cjfa-63111	60	8	,	,	PUNCT
cjfa-63111	60	9	showing	show	VERB
cjfa-63111	60	10	that	that	SCONJ
cjfa-63111	60	11	institutional	institutional	ADJ
cjfa-63111	60	12	,	,	PUNCT
cjfa-63111	60	13	foreign	foreign	ADJ
cjfa-63111	60	14	,	,	PUNCT
cjfa-63111	60	15	and	and	CCONJ
cjfa-63111	60	16	state	state	NOUN
cjfa-63111	60	17	ownership	ownership	NOUN
cjfa-63111	60	18	enhances	enhance	VERB
cjfa-63111	60	19	disclosure	disclosure	NOUN
cjfa-63111	60	20	quality	quality	NOUN
cjfa-63111	60	21	,	,	PUNCT
cjfa-63111	60	22	while	while	SCONJ
cjfa-63111	60	23	concentrated	concentrated	ADJ
cjfa-63111	60	24	and	and	CCONJ
cjfa-63111	60	25	managerial	managerial	ADJ
cjfa-63111	60	26	ownership	ownership	NOUN
cjfa-63111	60	27	impedes	impede	VERB
cjfa-63111	60	28	transparency	transparency	NOUN
cjfa-63111	60	29	(	(	PUNCT
cjfa-63111	60	30	khlif	khlif	PROPN
cjfa-63111	60	31	,	,	PUNCT
cjfa-63111	60	32	ahmed	ahmed	PROPN
cjfa-63111	60	33	&	&	CCONJ
cjfa-63111	60	34	souissi	souissi	PROPN
cjfa-63111	60	35	,	,	PUNCT
cjfa-63111	60	36	2016	2016	NUM
cjfa-63111	60	37	)	)	PUNCT
cjfa-63111	60	38	.	.	PUNCT
cjfa-63111	61	1	although	although	SCONJ
cjfa-63111	61	2	institutional	institutional	ADJ
cjfa-63111	61	3	ownership	ownership	NOUN
cjfa-63111	61	4	generally	generally	ADV
cjfa-63111	61	5	drives	drive	VERB
cjfa-63111	61	6	disclosure	disclosure	NOUN
cjfa-63111	61	7	improvements	improvement	NOUN
cjfa-63111	61	8	,	,	PUNCT
cjfa-63111	61	9	differences	difference	NOUN
cjfa-63111	61	10	in	in	ADP
cjfa-63111	61	11	market	market	NOUN
cjfa-63111	61	12	contexts	context	NOUN
cjfa-63111	61	13	reveal	reveal	VERB
cjfa-63111	61	14	that	that	SCONJ
cjfa-63111	61	15	not	not	PART
cjfa-63111	61	16	all	all	DET
cjfa-63111	61	17	institutional	institutional	ADJ
cjfa-63111	61	18	investors	investor	NOUN
cjfa-63111	61	19	behave	behave	VERB
cjfa-63111	61	20	uniformly	uniformly	ADV
cjfa-63111	61	21	.	.	PUNCT
cjfa-63111	62	1	for	for	ADP
cjfa-63111	62	2	example	example	NOUN
cjfa-63111	62	3	,	,	PUNCT
cjfa-63111	62	4	domestic	domestic	ADJ
cjfa-63111	62	5	institutional	institutional	ADJ
cjfa-63111	62	6	ownership	ownership	NOUN
cjfa-63111	62	7	in	in	ADP
cjfa-63111	62	8	taiwanese	taiwanese	ADJ
cjfa-63111	62	9	high	high	ADJ
cjfa-63111	62	10	-	-	PUNCT
cjfa-63111	62	11	tech	tech	NOUN
cjfa-63111	62	12	firms	firm	NOUN
cjfa-63111	62	13	leads	lead	VERB
cjfa-63111	62	14	to	to	ADP
cjfa-63111	62	15	immediate	immediate	ADJ
cjfa-63111	62	16	improvements	improvement	NOUN
cjfa-63111	62	17	in	in	ADP
cjfa-63111	62	18	transparency	transparency	NOUN
cjfa-63111	62	19	,	,	PUNCT
cjfa-63111	62	20	while	while	SCONJ
cjfa-63111	62	21	foreign	foreign	ADJ
cjfa-63111	62	22	institutional	institutional	ADJ
cjfa-63111	62	23	investors	investor	NOUN
cjfa-63111	62	24	exhibit	exhibit	VERB
cjfa-63111	62	25	delayed	delay	VERB
cjfa-63111	62	26	but	but	CCONJ
cjfa-63111	62	27	stronger	strong	ADJ
cjfa-63111	62	28	effects	effect	NOUN
cjfa-63111	62	29	(	(	PUNCT
cjfa-63111	62	30	hsu	hsu	PROPN
cjfa-63111	62	31	et	et	PROPN
cjfa-63111	62	32	al	al	PROPN
cjfa-63111	62	33	.	.	PROPN
cjfa-63111	62	34	,	,	PUNCT
cjfa-63111	62	35	2016	2016	NUM
cjfa-63111	62	36	)	)	PUNCT
cjfa-63111	62	37	.	.	PUNCT
cjfa-63111	63	1	in	in	ADP
cjfa-63111	63	2	emerging	emerge	VERB
cjfa-63111	63	3	economies	economy	NOUN
cjfa-63111	63	4	,	,	PUNCT
cjfa-63111	63	5	factors	factor	NOUN
cjfa-63111	63	6	such	such	ADJ
cjfa-63111	63	7	as	as	ADP
cjfa-63111	63	8	family	family	NOUN
cjfa-63111	63	9	dominance	dominance	NOUN
cjfa-63111	63	10	and	and	CCONJ
cjfa-63111	63	11	concentrated	concentrated	ADJ
cjfa-63111	63	12	ownership	ownership	NOUN
cjfa-63111	63	13	negatively	negatively	ADV
cjfa-63111	63	14	impact	impact	VERB
cjfa-63111	63	15	disclosure	disclosure	NOUN
cjfa-63111	63	16	and	and	CCONJ
cjfa-63111	63	17	increase	increase	VERB
cjfa-63111	63	18	information	information	NOUN
cjfa-63111	63	19	asymmetry	asymmetry	NOUN
cjfa-63111	63	20	(	(	PUNCT
cjfa-63111	63	21	alshirah	alshirah	PROPN
cjfa-63111	63	22	&	&	CCONJ
cjfa-63111	63	23	alshira’h	alshira’h	ADJ
cjfa-63111	63	24	,	,	PUNCT
cjfa-63111	63	25	2024	2024	NUM
cjfa-63111	63	26	;	;	PUNCT
cjfa-63111	63	27	shiri	shiri	PROPN
cjfa-63111	63	28	et	et	PROPN
cjfa-63111	63	29	al	al	PROPN
cjfa-63111	63	30	.	.	PROPN
cjfa-63111	63	31	,	,	PUNCT
cjfa-63111	63	32	2016	2016	NUM
cjfa-63111	63	33	)	)	PUNCT
cjfa-63111	63	34	.	.	PUNCT
cjfa-63111	64	1	ownership	ownership	NOUN
cjfa-63111	64	2	-	-	PUNCT
cjfa-63111	64	3	control	control	NOUN
cjfa-63111	64	4	misalignment	misalignment	NOUN
cjfa-63111	64	5	further	far	ADV
cjfa-63111	64	6	complicates	complicate	VERB
cjfa-63111	64	7	the	the	DET
cjfa-63111	64	8	relationship	relationship	NOUN
cjfa-63111	64	9	,	,	PUNCT
cjfa-63111	64	10	as	as	SCONJ
cjfa-63111	64	11	seen	see	VERB
cjfa-63111	64	12	in	in	ADP
cjfa-63111	64	13	chinese	chinese	ADJ
cjfa-63111	64	14	firms	firm	NOUN
cjfa-63111	64	15	where	where	SCONJ
cjfa-63111	64	16	ultimate	ultimate	ADJ
cjfa-63111	64	17	controllers	controller	NOUN
cjfa-63111	64	18	reduce	reduce	VERB
cjfa-63111	64	19	disclosure	disclosure	NOUN
cjfa-63111	64	20	quality	quality	NOUN
cjfa-63111	64	21	when	when	SCONJ
cjfa-63111	64	22	cash	cash	NOUN
cjfa-63111	64	23	flow	flow	NOUN
cjfa-63111	64	24	and	and	CCONJ
cjfa-63111	64	25	control	control	NOUN
cjfa-63111	64	26	rights	right	NOUN
cjfa-63111	64	27	diverge	diverge	NOUN
cjfa-63111	64	28	(	(	PUNCT
cjfa-63111	64	29	liu	liu	PROPN
cjfa-63111	64	30	&	&	CCONJ
cjfa-63111	64	31	sun	sun	PROPN
cjfa-63111	64	32	,	,	PUNCT
cjfa-63111	64	33	2010	2010	NUM
cjfa-63111	64	34	)	)	PUNCT
cjfa-63111	64	35	.	.	PUNCT
cjfa-63111	65	1	these	these	DET
cjfa-63111	65	2	findings	finding	NOUN
cjfa-63111	65	3	illustrate	illustrate	VERB
cjfa-63111	65	4	that	that	SCONJ
cjfa-63111	65	5	institutional	institutional	ADJ
cjfa-63111	65	6	ownership	ownership	NOUN
cjfa-63111	65	7	’s	’s	PART
cjfa-63111	65	8	impact	impact	NOUN
cjfa-63111	65	9	on	on	ADP
cjfa-63111	65	10	disclosure	disclosure	NOUN
cjfa-63111	65	11	depends	depend	VERB
cjfa-63111	65	12	on	on	ADP
cjfa-63111	65	13	governance	governance	NOUN
cjfa-63111	65	14	structures	structure	NOUN
cjfa-63111	65	15	,	,	PUNCT
cjfa-63111	65	16	industry	industry	NOUN
cjfa-63111	65	17	conditions	condition	NOUN
cjfa-63111	65	18	,	,	PUNCT
cjfa-63111	65	19	and	and	CCONJ
cjfa-63111	65	20	legal	legal	ADJ
cjfa-63111	65	21	frameworks	framework	NOUN
cjfa-63111	65	22	.	.	PUNCT
cjfa-63111	66	1	despite	despite	SCONJ
cjfa-63111	66	2	significant	significant	ADJ
cjfa-63111	66	3	evidence	evidence	NOUN
cjfa-63111	66	4	,	,	PUNCT
cjfa-63111	66	5	gaps	gap	NOUN
cjfa-63111	66	6	remain	remain	VERB
cjfa-63111	66	7	in	in	ADP
cjfa-63111	66	8	understanding	understand	VERB
cjfa-63111	66	9	the	the	DET
cjfa-63111	66	10	role	role	NOUN
cjfa-63111	66	11	of	of	ADP
cjfa-63111	66	12	institutional	institutional	ADJ
cjfa-63111	66	13	investors	investor	NOUN
cjfa-63111	66	14	in	in	ADP
cjfa-63111	66	15	contingent	contingent	ADJ
cjfa-63111	66	16	liabilities	liability	NOUN
cjfa-63111	66	17	disclosure	disclosure	NOUN
cjfa-63111	66	18	.	.	PUNCT
cjfa-63111	67	1	much	much	ADJ
cjfa-63111	67	2	of	of	ADP
cjfa-63111	67	3	the	the	DET
cjfa-63111	67	4	existing	exist	VERB
cjfa-63111	67	5	research	research	NOUN
cjfa-63111	67	6	focuses	focus	VERB
cjfa-63111	67	7	on	on	ADP
cjfa-63111	67	8	broad	broad	ADJ
cjfa-63111	67	9	measures	measure	NOUN
cjfa-63111	67	10	of	of	ADP
cjfa-63111	67	11	disclosure	disclosure	NOUN
cjfa-63111	67	12	quality	quality	NOUN
cjfa-63111	67	13	or	or	CCONJ
cjfa-63111	67	14	voluntary	voluntary	ADJ
cjfa-63111	67	15	communications	communication	NOUN
cjfa-63111	67	16	,	,	PUNCT
cjfa-63111	67	17	with	with	ADP
cjfa-63111	67	18	limited	limited	ADJ
cjfa-63111	67	19	exploration	exploration	NOUN
cjfa-63111	67	20	of	of	ADP
cjfa-63111	67	21	how	how	SCONJ
cjfa-63111	67	22	institutional	institutional	ADJ
cjfa-63111	67	23	investors	investor	NOUN
cjfa-63111	67	24	influence	influence	VERB
cjfa-63111	67	25	the	the	DET
cjfa-63111	67	26	complexity	complexity	NOUN
cjfa-63111	67	27	and	and	CCONJ
cjfa-63111	67	28	timeliness	timeliness	NOUN
cjfa-63111	67	29	of	of	ADP
cjfa-63111	67	30	contingent	contingent	ADJ
cjfa-63111	67	31	liabilities	liability	NOUN
cjfa-63111	67	32	reporting	report	VERB
cjfa-63111	67	33	(	(	PUNCT
cjfa-63111	67	34	lin	lin	PROPN
cjfa-63111	67	35	et	et	PROPN
cjfa-63111	67	36	al	al	PROPN
cjfa-63111	67	37	.	.	PROPN
cjfa-63111	67	38	,	,	PUNCT
cjfa-63111	67	39	2017	2017	NUM
cjfa-63111	67	40	;	;	PUNCT
cjfa-63111	67	41	nagata	nagata	PROPN
cjfa-63111	67	42	&	&	CCONJ
cjfa-63111	67	43	nguyen	nguyen	PROPN
cjfa-63111	67	44	,	,	PUNCT
cjfa-63111	67	45	2017	2017	NUM
cjfa-63111	67	46	)	)	PUNCT
cjfa-63111	67	47	.	.	PUNCT
cjfa-63111	68	1	while	while	SCONJ
cjfa-63111	68	2	mandatory	mandatory	ADJ
cjfa-63111	68	3	rules	rule	NOUN
cjfa-63111	68	4	like	like	ADP
cjfa-63111	68	5	fin	fin	NOUN
cjfa-63111	68	6	48	48	NUM
cjfa-63111	68	7	improve	improve	VERB
cjfa-63111	68	8	recognition	recognition	NOUN
cjfa-63111	68	9	of	of	ADP
cjfa-63111	68	10	certain	certain	ADJ
cjfa-63111	68	11	liabilities	liability	NOUN
cjfa-63111	68	12	,	,	PUNCT
cjfa-63111	68	13	there	there	PRON
cjfa-63111	68	14	is	be	VERB
cjfa-63111	68	15	little	little	ADJ
cjfa-63111	68	16	insight	insight	NOUN
cjfa-63111	68	17	into	into	ADP
cjfa-63111	68	18	how	how	SCONJ
cjfa-63111	68	19	institutional	institutional	ADJ
cjfa-63111	68	20	investors	investor	NOUN
cjfa-63111	68	21	address	address	VERB
cjfa-63111	68	22	risks	risk	NOUN
cjfa-63111	68	23	associated	associate	VERB
cjfa-63111	68	24	with	with	ADP
cjfa-63111	68	25	intangible	intangible	ADJ
cjfa-63111	68	26	assets	asset	NOUN
cjfa-63111	68	27	and	and	CCONJ
cjfa-63111	68	28	multinational	multinational	ADJ
cjfa-63111	68	29	operations	operation	NOUN
cjfa-63111	68	30	(	(	PUNCT
cjfa-63111	68	31	gross	gross	ADJ
cjfa-63111	68	32	,	,	PUNCT
cjfa-63111	68	33	2022	2022	NUM
cjfa-63111	68	34	;	;	PUNCT
cjfa-63111	68	35	dyreng	dyreng	NOUN
cjfa-63111	68	36	,	,	PUNCT
cjfa-63111	68	37	hanlon	hanlon	NOUN
cjfa-63111	68	38	&	&	CCONJ
cjfa-63111	68	39	maydew	maydew	PROPN
cjfa-63111	68	40	,	,	PUNCT
cjfa-63111	68	41	2019	2019	NUM
cjfa-63111	68	42	)	)	PUNCT
cjfa-63111	68	43	.	.	PUNCT
cjfa-63111	69	1	srikanth	srikanth	PROPN
cjfa-63111	69	2	potharla7676	potharla7676	PROPN
cjfa-63111	69	3	recent	recent	ADJ
cjfa-63111	69	4	studies	study	NOUN
cjfa-63111	69	5	in	in	ADP
cjfa-63111	69	6	emerging	emerge	VERB
cjfa-63111	69	7	markets	market	NOUN
cjfa-63111	69	8	underscore	underscore	VERB
cjfa-63111	69	9	the	the	DET
cjfa-63111	69	10	growing	grow	VERB
cjfa-63111	69	11	importance	importance	NOUN
cjfa-63111	69	12	of	of	ADP
cjfa-63111	69	13	non	non	ADJ
cjfa-63111	69	14	-	-	ADJ
cjfa-63111	69	15	financial	financial	ADJ
cjfa-63111	69	16	disclosures	disclosure	NOUN
cjfa-63111	69	17	in	in	ADP
cjfa-63111	69	18	enhancing	enhance	VERB
cjfa-63111	69	19	transparency	transparency	NOUN
cjfa-63111	69	20	and	and	CCONJ
cjfa-63111	69	21	stakeholder	stakeholder	NOUN
cjfa-63111	69	22	trust	trust	PROPN
cjfa-63111	69	23	.	.	PUNCT
cjfa-63111	70	1	baazaoui	baazaoui	NOUN
cjfa-63111	70	2	(	(	PUNCT
cjfa-63111	70	3	2020	2020	NUM
cjfa-63111	70	4	)	)	PUNCT
cjfa-63111	70	5	proposes	propose	VERB
cjfa-63111	70	6	refined	refined	ADJ
cjfa-63111	70	7	methods	method	NOUN
cjfa-63111	70	8	for	for	ADP
cjfa-63111	70	9	measuring	measure	VERB
cjfa-63111	70	10	disclosure	disclosure	NOUN
cjfa-63111	70	11	quality	quality	NOUN
cjfa-63111	70	12	,	,	PUNCT
cjfa-63111	70	13	while	while	SCONJ
cjfa-63111	70	14	okpala	okpala	NOUN
cjfa-63111	70	15	and	and	CCONJ
cjfa-63111	70	16	iredele	iredele	NOUN
cjfa-63111	70	17	(	(	PUNCT
cjfa-63111	70	18	2018	2018	NUM
cjfa-63111	70	19	)	)	PUNCT
cjfa-63111	70	20	demonstrate	demonstrate	VERB
cjfa-63111	70	21	its	its	PRON
cjfa-63111	70	22	positive	positive	ADJ
cjfa-63111	70	23	valuation	valuation	NOUN
cjfa-63111	70	24	effects	effect	NOUN
cjfa-63111	70	25	.	.	PUNCT
cjfa-63111	71	1	similarly	similarly	ADV
cjfa-63111	71	2	,	,	PUNCT
cjfa-63111	71	3	fidiana	fidiana	PROPN
cjfa-63111	71	4	(	(	PUNCT
cjfa-63111	71	5	2024	2024	NUM
cjfa-63111	71	6	)	)	PUNCT
cjfa-63111	71	7	highlights	highlight	NOUN
cjfa-63111	71	8	how	how	SCONJ
cjfa-63111	71	9	external	external	ADJ
cjfa-63111	71	10	pressures	pressure	NOUN
cjfa-63111	71	11	like	like	ADP
cjfa-63111	71	12	media	medium	NOUN
cjfa-63111	71	13	influence	influence	VERB
cjfa-63111	71	14	voluntary	voluntary	ADJ
cjfa-63111	71	15	risk	risk	NOUN
cjfa-63111	71	16	disclosures	disclosure	NOUN
cjfa-63111	71	17	,	,	PUNCT
cjfa-63111	71	18	echoing	echo	VERB
cjfa-63111	71	19	the	the	DET
cjfa-63111	71	20	governance	governance	NOUN
cjfa-63111	71	21	role	role	NOUN
cjfa-63111	71	22	played	play	VERB
cjfa-63111	71	23	by	by	ADP
cjfa-63111	71	24	institutional	institutional	ADJ
cjfa-63111	71	25	investors	investor	NOUN
cjfa-63111	71	26	in	in	ADP
cjfa-63111	71	27	shaping	shape	VERB
cjfa-63111	71	28	corporate	corporate	ADJ
cjfa-63111	71	29	reporting	reporting	NOUN
cjfa-63111	71	30	practices	practice	NOUN
cjfa-63111	71	31	.	.	PUNCT
cjfa-63111	72	1	further	further	ADJ
cjfa-63111	72	2	research	research	NOUN
cjfa-63111	72	3	should	should	AUX
cjfa-63111	72	4	clarify	clarify	VERB
cjfa-63111	72	5	how	how	SCONJ
cjfa-63111	72	6	investor	investor	NOUN
cjfa-63111	72	7	heterogeneity	heterogeneity	NOUN
cjfa-63111	72	8	and	and	CCONJ
cjfa-63111	72	9	contextual	contextual	ADJ
cjfa-63111	72	10	factors	factor	NOUN
cjfa-63111	72	11	influence	influence	VERB
cjfa-63111	72	12	contingent	contingent	ADJ
cjfa-63111	72	13	liabilities	liability	NOUN
cjfa-63111	72	14	disclosure	disclosure	NOUN
cjfa-63111	72	15	and	and	CCONJ
cjfa-63111	72	16	advance	advance	VERB
cjfa-63111	72	17	the	the	DET
cjfa-63111	72	18	literature	literature	NOUN
cjfa-63111	72	19	on	on	ADP
cjfa-63111	72	20	corporate	corporate	ADJ
cjfa-63111	72	21	governance	governance	NOUN
cjfa-63111	72	22	and	and	CCONJ
cjfa-63111	72	23	transparency	transparency	NOUN
cjfa-63111	72	24	.	.	PUNCT
cjfa-63111	73	1	research	research	NOUN
cjfa-63111	73	2	gap	gap	NOUN
cjfa-63111	73	3	and	and	CCONJ
cjfa-63111	73	4	motivation	motivation	NOUN
cjfa-63111	73	5	of	of	ADP
cjfa-63111	73	6	the	the	DET
cjfa-63111	73	7	studyresearch	studyresearch	NOUN
cjfa-63111	73	8	gap	gap	NOUN
cjfa-63111	73	9	and	and	CCONJ
cjfa-63111	73	10	motivation	motivation	NOUN
cjfa-63111	73	11	of	of	ADP
cjfa-63111	73	12	the	the	DET
cjfa-63111	73	13	study	study	NOUN
cjfa-63111	73	14	despite	despite	SCONJ
cjfa-63111	73	15	extensive	extensive	ADJ
cjfa-63111	73	16	literature	literature	NOUN
cjfa-63111	73	17	on	on	ADP
cjfa-63111	73	18	corporate	corporate	ADJ
cjfa-63111	73	19	governance	governance	NOUN
cjfa-63111	73	20	and	and	CCONJ
cjfa-63111	73	21	disclosure	disclosure	NOUN
cjfa-63111	73	22	practices	practice	NOUN
cjfa-63111	73	23	,	,	PUNCT
cjfa-63111	73	24	limited	limited	ADJ
cjfa-63111	73	25	empirical	empirical	ADJ
cjfa-63111	73	26	research	research	NOUN
cjfa-63111	73	27	has	have	AUX
cjfa-63111	73	28	focused	focus	VERB
cjfa-63111	73	29	on	on	ADP
cjfa-63111	73	30	the	the	DET
cjfa-63111	73	31	role	role	NOUN
cjfa-63111	73	32	of	of	ADP
cjfa-63111	73	33	institutional	institutional	ADJ
cjfa-63111	73	34	investors	investor	NOUN
cjfa-63111	73	35	in	in	ADP
cjfa-63111	73	36	influencing	influence	VERB
cjfa-63111	73	37	contingent	contingent	ADJ
cjfa-63111	73	38	liabilities	liability	NOUN
cjfa-63111	73	39	disclosure	disclosure	NOUN
cjfa-63111	73	40	,	,	PUNCT
cjfa-63111	73	41	particularly	particularly	ADV
cjfa-63111	73	42	in	in	ADP
cjfa-63111	73	43	emerging	emerge	VERB
cjfa-63111	73	44	markets	market	NOUN
cjfa-63111	73	45	like	like	ADP
cjfa-63111	73	46	india	india	PROPN
cjfa-63111	73	47	(	(	PUNCT
cjfa-63111	73	48	jensen	jensen	PROPN
cjfa-63111	73	49	&	&	CCONJ
cjfa-63111	73	50	meckling	meckling	PROPN
cjfa-63111	73	51	,	,	PUNCT
cjfa-63111	73	52	1976	1976	NUM
cjfa-63111	73	53	;	;	PUNCT
cjfa-63111	73	54	fama	fama	NOUN
cjfa-63111	73	55	,	,	PUNCT
cjfa-63111	73	56	1980	1980	NUM
cjfa-63111	73	57	)	)	PUNCT
cjfa-63111	73	58	.	.	PUNCT
cjfa-63111	74	1	although	although	SCONJ
cjfa-63111	74	2	existing	exist	VERB
cjfa-63111	74	3	studies	study	NOUN
cjfa-63111	74	4	have	have	AUX
cjfa-63111	74	5	explored	explore	VERB
cjfa-63111	74	6	institutional	institutional	ADJ
cjfa-63111	74	7	ownership	ownership	NOUN
cjfa-63111	74	8	and	and	CCONJ
cjfa-63111	74	9	its	its	PRON
cjfa-63111	74	10	impact	impact	NOUN
cjfa-63111	74	11	on	on	ADP
cjfa-63111	74	12	corporate	corporate	ADJ
cjfa-63111	74	13	transparency	transparency	NOUN
cjfa-63111	74	14	,	,	PUNCT
cjfa-63111	74	15	few	few	ADJ
cjfa-63111	74	16	have	have	AUX
cjfa-63111	74	17	focused	focus	VERB
cjfa-63111	74	18	specifically	specifically	ADV
cjfa-63111	74	19	on	on	ADP
cjfa-63111	74	20	the	the	DET
cjfa-63111	74	21	reporting	reporting	NOUN
cjfa-63111	74	22	of	of	ADP
cjfa-63111	74	23	contingent	contingent	ADJ
cjfa-63111	74	24	liabilities	liability	NOUN
cjfa-63111	74	25	(	(	PUNCT
cjfa-63111	74	26	zhou	zhou	PROPN
cjfa-63111	74	27	&	&	CCONJ
cjfa-63111	74	28	wang	wang	PROPN
cjfa-63111	74	29	,	,	PUNCT
cjfa-63111	74	30	2013	2013	NUM
cjfa-63111	74	31	;	;	PUNCT
cjfa-63111	74	32	nagata	nagata	PROPN
cjfa-63111	74	33	&	&	CCONJ
cjfa-63111	74	34	nguyen	nguyen	PROPN
cjfa-63111	74	35	,	,	PUNCT
cjfa-63111	74	36	2017	2017	NUM
cjfa-63111	74	37	)	)	PUNCT
cjfa-63111	74	38	.	.	PUNCT
cjfa-63111	75	1	the	the	DET
cjfa-63111	75	2	scarcity	scarcity	NOUN
cjfa-63111	75	3	of	of	ADP
cjfa-63111	75	4	studies	study	NOUN
cjfa-63111	75	5	examining	examine	VERB
cjfa-63111	75	6	the	the	DET
cjfa-63111	75	7	direct	direct	ADJ
cjfa-63111	75	8	influence	influence	NOUN
cjfa-63111	75	9	of	of	ADP
cjfa-63111	75	10	institutional	institutional	ADJ
cjfa-63111	75	11	ownership	ownership	NOUN
cjfa-63111	75	12	structures	structure	NOUN
cjfa-63111	75	13	–	–	PUNCT
cjfa-63111	75	14	domestic	domestic	ADJ
cjfa-63111	75	15	versus	versus	ADP
cjfa-63111	75	16	foreign	foreign	ADJ
cjfa-63111	75	17	–	–	PUNCT
cjfa-63111	75	18	on	on	ADP
cjfa-63111	75	19	contingent	contingent	ADJ
cjfa-63111	75	20	liability	liability	NOUN
cjfa-63111	75	21	disclosures	disclosure	NOUN
cjfa-63111	75	22	in	in	ADP
cjfa-63111	75	23	india	india	PROPN
cjfa-63111	75	24	is	be	AUX
cjfa-63111	75	25	particularly	particularly	ADV
cjfa-63111	75	26	pronounced	pronounce	VERB
cjfa-63111	75	27	.	.	PUNCT
cjfa-63111	76	1	this	this	DET
cjfa-63111	76	2	gap	gap	NOUN
cjfa-63111	76	3	in	in	ADP
cjfa-63111	76	4	the	the	DET
cjfa-63111	76	5	literature	literature	NOUN
cjfa-63111	76	6	is	be	AUX
cjfa-63111	76	7	crucial	crucial	ADJ
cjfa-63111	76	8	given	give	VERB
cjfa-63111	76	9	the	the	DET
cjfa-63111	76	10	growing	grow	VERB
cjfa-63111	76	11	demand	demand	NOUN
cjfa-63111	76	12	for	for	ADP
cjfa-63111	76	13	reliable	reliable	ADJ
cjfa-63111	76	14	,	,	PUNCT
cjfa-63111	76	15	forward	forward	ADV
cjfa-63111	76	16	-	-	PUNCT
cjfa-63111	76	17	looking	look	VERB
cjfa-63111	76	18	information	information	NOUN
cjfa-63111	76	19	and	and	CCONJ
cjfa-63111	76	20	transparency	transparency	NOUN
cjfa-63111	76	21	in	in	ADP
cjfa-63111	76	22	corporate	corporate	ADJ
cjfa-63111	76	23	reporting	reporting	NOUN
cjfa-63111	76	24	,	,	PUNCT
cjfa-63111	76	25	especially	especially	ADV
cjfa-63111	76	26	in	in	ADP
cjfa-63111	76	27	emerging	emerge	VERB
cjfa-63111	76	28	markets	market	NOUN
cjfa-63111	76	29	(	(	PUNCT
cjfa-63111	76	30	gross	gross	ADJ
cjfa-63111	76	31	,	,	PUNCT
cjfa-63111	76	32	2022	2022	NUM
cjfa-63111	76	33	)	)	PUNCT
cjfa-63111	76	34	.	.	PUNCT
cjfa-63111	77	1	as	as	SCONJ
cjfa-63111	77	2	institutional	institutional	ADJ
cjfa-63111	77	3	investors	investor	NOUN
cjfa-63111	77	4	fight	fight	VERB
cjfa-63111	77	5	to	to	PART
cjfa-63111	77	6	reduce	reduce	VERB
cjfa-63111	77	7	information	information	NOUN
cjfa-63111	77	8	asymmetries	asymmetry	NOUN
cjfa-63111	77	9	through	through	ADP
cjfa-63111	77	10	their	their	PRON
cjfa-63111	77	11	voting	voting	NOUN
cjfa-63111	77	12	power	power	NOUN
cjfa-63111	77	13	and	and	CCONJ
cjfa-63111	77	14	engagement	engagement	NOUN
cjfa-63111	77	15	with	with	ADP
cjfa-63111	77	16	managers	manager	NOUN
cjfa-63111	77	17	,	,	PUNCT
cjfa-63111	77	18	understanding	understand	VERB
cjfa-63111	77	19	the	the	DET
cjfa-63111	77	20	mechanisms	mechanism	NOUN
cjfa-63111	77	21	at	at	ADP
cjfa-63111	77	22	play	play	NOUN
cjfa-63111	77	23	becomes	become	VERB
cjfa-63111	77	24	more	more	ADV
cjfa-63111	77	25	important	important	ADJ
cjfa-63111	77	26	.	.	PUNCT
cjfa-63111	78	1	drawing	draw	VERB
cjfa-63111	78	2	from	from	ADP
cjfa-63111	78	3	agency	agency	NOUN
cjfa-63111	78	4	,	,	PUNCT
cjfa-63111	78	5	resource	resource	NOUN
cjfa-63111	78	6	dependence	dependence	NOUN
cjfa-63111	78	7	,	,	PUNCT
cjfa-63111	78	8	and	and	CCONJ
cjfa-63111	78	9	stakeholder	stakeholder	NOUN
cjfa-63111	78	10	theories	theory	NOUN
cjfa-63111	78	11	,	,	PUNCT
cjfa-63111	78	12	this	this	DET
cjfa-63111	78	13	study	study	NOUN
cjfa-63111	78	14	aims	aim	VERB
cjfa-63111	78	15	to	to	PART
cjfa-63111	78	16	explain	explain	VERB
cjfa-63111	78	17	how	how	SCONJ
cjfa-63111	78	18	investor	investor	NOUN
cjfa-63111	78	19	type	type	NOUN
cjfa-63111	78	20	impacts	impact	VERB
cjfa-63111	78	21	corporate	corporate	ADJ
cjfa-63111	78	22	disclosure	disclosure	NOUN
cjfa-63111	78	23	practices	practice	NOUN
cjfa-63111	78	24	in	in	ADP
cjfa-63111	78	25	india	india	PROPN
cjfa-63111	78	26	(	(	PUNCT
cjfa-63111	78	27	freeman	freeman	PROPN
cjfa-63111	78	28	et	et	PROPN
cjfa-63111	78	29	al	al	PROPN
cjfa-63111	78	30	.	.	PROPN
cjfa-63111	78	31	,	,	PUNCT
cjfa-63111	78	32	2004	2004	NUM
cjfa-63111	78	33	;	;	PUNCT
cjfa-63111	78	34	pfeffer	pfeffer	PROPN
cjfa-63111	78	35	,	,	PUNCT
cjfa-63111	78	36	1972	1972	NUM
cjfa-63111	78	37	)	)	PUNCT
cjfa-63111	78	38	.	.	PUNCT
cjfa-63111	79	1	by	by	ADP
cjfa-63111	79	2	addressing	address	VERB
cjfa-63111	79	3	this	this	DET
cjfa-63111	79	4	gap	gap	NOUN
cjfa-63111	79	5	,	,	PUNCT
cjfa-63111	79	6	the	the	DET
cjfa-63111	79	7	study	study	NOUN
cjfa-63111	79	8	will	will	AUX
cjfa-63111	79	9	enhance	enhance	VERB
cjfa-63111	79	10	the	the	DET
cjfa-63111	79	11	knowledge	knowledge	NOUN
cjfa-63111	79	12	of	of	ADP
cjfa-63111	79	13	governance	governance	NOUN
cjfa-63111	79	14	and	and	CCONJ
cjfa-63111	79	15	transparency	transparency	NOUN
cjfa-63111	79	16	and	and	CCONJ
cjfa-63111	79	17	offer	offer	VERB
cjfa-63111	79	18	a	a	DET
cjfa-63111	79	19	valuable	valuable	ADJ
cjfa-63111	79	20	contribution	contribution	NOUN
cjfa-63111	79	21	to	to	ADP
cjfa-63111	79	22	the	the	DET
cjfa-63111	79	23	theory	theory	NOUN
cjfa-63111	79	24	of	of	ADP
cjfa-63111	79	25	institutional	institutional	ADJ
cjfa-63111	79	26	influence	influence	NOUN
cjfa-63111	79	27	on	on	ADP
cjfa-63111	79	28	corporate	corporate	ADJ
cjfa-63111	79	29	disclosure	disclosure	NOUN
cjfa-63111	79	30	practices	practice	NOUN
cjfa-63111	79	31	.	.	PUNCT
cjfa-63111	80	1	despite	despite	SCONJ
cjfa-63111	80	2	extensive	extensive	ADJ
cjfa-63111	80	3	research	research	NOUN
cjfa-63111	80	4	on	on	ADP
cjfa-63111	80	5	the	the	DET
cjfa-63111	80	6	influence	influence	NOUN
cjfa-63111	80	7	of	of	ADP
cjfa-63111	80	8	institutional	institutional	ADJ
cjfa-63111	80	9	investors	investor	NOUN
cjfa-63111	80	10	on	on	ADP
cjfa-63111	80	11	corporate	corporate	ADJ
cjfa-63111	80	12	disclosure	disclosure	NOUN
cjfa-63111	80	13	,	,	PUNCT
cjfa-63111	80	14	significant	significant	ADJ
cjfa-63111	80	15	gaps	gap	NOUN
cjfa-63111	80	16	remain	remain	VERB
cjfa-63111	80	17	in	in	ADP
cjfa-63111	80	18	understanding	understanding	NOUN
cjfa-63111	80	19	how	how	SCONJ
cjfa-63111	80	20	these	these	DET
cjfa-63111	80	21	forces	force	NOUN
cjfa-63111	80	22	shape	shape	VERB
cjfa-63111	80	23	contingent	contingent	ADJ
cjfa-63111	80	24	liabilities	liability	NOUN
cjfa-63111	80	25	reporting	report	VERB
cjfa-63111	80	26	.	.	PUNCT
cjfa-63111	81	1	while	while	SCONJ
cjfa-63111	81	2	previous	previous	ADJ
cjfa-63111	81	3	studies	study	NOUN
cjfa-63111	81	4	have	have	AUX
cjfa-63111	81	5	linked	link	VERB
cjfa-63111	81	6	insti	insti	ADJ
cjfa-63111	81	7	bridging	bridging	NOUN
cjfa-63111	81	8	disclosure	disclosure	NOUN
cjfa-63111	81	9	gaps	gap	NOUN
cjfa-63111	81	10	:	:	PUNCT
cjfa-63111	81	11	the	the	DET
cjfa-63111	81	12	role	role	NOUN
cjfa-63111	81	13	of	of	ADP
cjfa-63111	81	14	institutional	institutional	ADJ
cjfa-63111	81	15	investors	investor	NOUN
cjfa-63111	81	16	…	…	PUNCT
cjfa-63111	81	17	7777	7777	NUM
cjfa-63111	81	18	tutional	tutional	ADJ
cjfa-63111	81	19	ownership	ownership	NOUN
cjfa-63111	81	20	to	to	ADP
cjfa-63111	81	21	improved	improved	ADJ
cjfa-63111	81	22	transparency	transparency	NOUN
cjfa-63111	81	23	and	and	CCONJ
cjfa-63111	81	24	information	information	NOUN
cjfa-63111	81	25	quality	quality	NOUN
cjfa-63111	81	26	(	(	PUNCT
cjfa-63111	81	27	borochin	borochin	NOUN
cjfa-63111	81	28	et	et	PROPN
cjfa-63111	81	29	al	al	PROPN
cjfa-63111	81	30	.	.	PROPN
cjfa-63111	81	31	,	,	PUNCT
cjfa-63111	81	32	2024	2024	NUM
cjfa-63111	81	33	;	;	PUNCT
cjfa-63111	81	34	lin	lin	PROPN
cjfa-63111	81	35	,	,	PUNCT
cjfa-63111	81	36	mao	mao	PROPN
cjfa-63111	81	37	&	&	CCONJ
cjfa-63111	81	38	wang	wang	PROPN
cjfa-63111	81	39	,	,	PUNCT
cjfa-63111	81	40	2018	2018	NUM
cjfa-63111	81	41	)	)	PUNCT
cjfa-63111	81	42	,	,	PUNCT
cjfa-63111	81	43	most	most	ADJ
cjfa-63111	81	44	have	have	AUX
cjfa-63111	81	45	focused	focus	VERB
cjfa-63111	81	46	on	on	ADP
cjfa-63111	81	47	broad	broad	ADJ
cjfa-63111	81	48	disclosure	disclosure	NOUN
cjfa-63111	81	49	or	or	CCONJ
cjfa-63111	81	50	voluntary	voluntary	ADJ
cjfa-63111	81	51	communications	communication	NOUN
cjfa-63111	81	52	measures	measure	NOUN
cjfa-63111	81	53	.	.	PUNCT
cjfa-63111	82	1	few	few	ADJ
cjfa-63111	82	2	have	have	AUX
cjfa-63111	82	3	directly	directly	ADV
cjfa-63111	82	4	examined	examine	VERB
cjfa-63111	82	5	contingent	contingent	ADJ
cjfa-63111	82	6	liabilities	liability	NOUN
cjfa-63111	82	7	,	,	PUNCT
cjfa-63111	82	8	a	a	DET
cjfa-63111	82	9	critical	critical	ADJ
cjfa-63111	82	10	yet	yet	CCONJ
cjfa-63111	82	11	complex	complex	ADJ
cjfa-63111	82	12	area	area	NOUN
cjfa-63111	82	13	of	of	ADP
cjfa-63111	82	14	financial	financial	ADJ
cjfa-63111	82	15	reporting	reporting	NOUN
cjfa-63111	82	16	(	(	PUNCT
cjfa-63111	82	17	gross	gross	ADJ
cjfa-63111	82	18	,	,	PUNCT
cjfa-63111	82	19	2022	2022	NUM
cjfa-63111	82	20	;	;	PUNCT
cjfa-63111	82	21	nagata	nagata	PROPN
cjfa-63111	82	22	&	&	CCONJ
cjfa-63111	82	23	nguyen	nguyen	PROPN
cjfa-63111	82	24	,	,	PUNCT
cjfa-63111	82	25	2017	2017	NUM
cjfa-63111	82	26	)	)	PUNCT
cjfa-63111	82	27	.	.	PUNCT
cjfa-63111	83	1	this	this	DET
cjfa-63111	83	2	gap	gap	NOUN
cjfa-63111	83	3	is	be	AUX
cjfa-63111	83	4	particularly	particularly	ADV
cjfa-63111	83	5	salient	salient	ADJ
cjfa-63111	83	6	in	in	ADP
cjfa-63111	83	7	emerging	emerge	VERB
cjfa-63111	83	8	markets	market	NOUN
cjfa-63111	83	9	like	like	ADP
cjfa-63111	83	10	india	india	PROPN
cjfa-63111	83	11	,	,	PUNCT
cjfa-63111	83	12	where	where	SCONJ
cjfa-63111	83	13	unique	unique	ADJ
cjfa-63111	83	14	governance	governance	NOUN
cjfa-63111	83	15	structures	structure	NOUN
cjfa-63111	83	16	,	,	PUNCT
cjfa-63111	83	17	regulatory	regulatory	ADJ
cjfa-63111	83	18	regimes	regime	NOUN
cjfa-63111	83	19	,	,	PUNCT
cjfa-63111	83	20	and	and	CCONJ
cjfa-63111	83	21	ownership	ownership	NOUN
cjfa-63111	83	22	styles	style	NOUN
cjfa-63111	83	23	may	may	AUX
cjfa-63111	83	24	alter	alter	VERB
cjfa-63111	83	25	the	the	DET
cjfa-63111	83	26	nature	nature	NOUN
cjfa-63111	83	27	of	of	ADP
cjfa-63111	83	28	institutional	institutional	ADJ
cjfa-63111	83	29	investors	investor	NOUN
cjfa-63111	83	30	’	'	PUNCT
cjfa-63111	83	31	influence	influence	NOUN
cjfa-63111	83	32	.	.	PUNCT
cjfa-63111	84	1	prior	prior	ADJ
cjfa-63111	84	2	studies	study	NOUN
cjfa-63111	84	3	highlight	highlight	VERB
cjfa-63111	84	4	that	that	SCONJ
cjfa-63111	84	5	family	family	NOUN
cjfa-63111	84	6	dominance	dominance	NOUN
cjfa-63111	84	7	,	,	PUNCT
cjfa-63111	84	8	ultimate	ultimate	ADJ
cjfa-63111	84	9	controlling	control	VERB
cjfa-63111	84	10	shareholders	shareholder	NOUN
cjfa-63111	84	11	,	,	PUNCT
cjfa-63111	84	12	and	and	CCONJ
cjfa-63111	84	13	concentrated	concentrated	ADJ
cjfa-63111	84	14	ownership	ownership	NOUN
cjfa-63111	84	15	can	can	AUX
cjfa-63111	84	16	undermine	undermine	VERB
cjfa-63111	84	17	transparency	transparency	NOUN
cjfa-63111	84	18	(	(	PUNCT
cjfa-63111	84	19	shiri	shiri	PROPN
cjfa-63111	84	20	et	et	PROPN
cjfa-63111	84	21	al	al	PROPN
cjfa-63111	84	22	.	.	PROPN
cjfa-63111	84	23	,	,	PUNCT
cjfa-63111	84	24	2016	2016	NUM
cjfa-63111	84	25	;	;	PUNCT
cjfa-63111	84	26	liu	liu	PROPN
cjfa-63111	84	27	&	&	CCONJ
cjfa-63111	84	28	sun	sun	PROPN
cjfa-63111	84	29	,	,	PUNCT
cjfa-63111	84	30	2010	2010	NUM
cjfa-63111	84	31	)	)	PUNCT
cjfa-63111	84	32	.	.	PUNCT
cjfa-63111	85	1	however	however	ADV
cjfa-63111	85	2	,	,	PUNCT
cjfa-63111	85	3	limited	limited	ADJ
cjfa-63111	85	4	empirical	empirical	ADJ
cjfa-63111	85	5	studies	study	NOUN
cjfa-63111	85	6	have	have	AUX
cjfa-63111	85	7	explored	explore	VERB
cjfa-63111	85	8	how	how	SCONJ
cjfa-63111	85	9	heterogeneous	heterogeneous	ADJ
cjfa-63111	85	10	institutional	institutional	ADJ
cjfa-63111	85	11	ownership	ownership	NOUN
cjfa-63111	85	12	interacts	interact	VERB
cjfa-63111	85	13	with	with	ADP
cjfa-63111	85	14	these	these	DET
cjfa-63111	85	15	conditions	condition	NOUN
cjfa-63111	85	16	to	to	PART
cjfa-63111	85	17	shape	shape	VERB
cjfa-63111	85	18	contingent	contingent	ADJ
cjfa-63111	85	19	liabilities	liability	NOUN
cjfa-63111	85	20	disclosure	disclosure	NOUN
cjfa-63111	85	21	.	.	PUNCT
cjfa-63111	86	1	motivated	motivate	VERB
cjfa-63111	86	2	by	by	ADP
cjfa-63111	86	3	these	these	DET
cjfa-63111	86	4	gaps	gap	NOUN
cjfa-63111	86	5	,	,	PUNCT
cjfa-63111	86	6	the	the	DET
cjfa-63111	86	7	present	present	ADJ
cjfa-63111	86	8	research	research	NOUN
cjfa-63111	86	9	seeks	seek	VERB
cjfa-63111	86	10	to	to	PART
cjfa-63111	86	11	clarify	clarify	VERB
cjfa-63111	86	12	how	how	SCONJ
cjfa-63111	86	13	fii	fii	PROPN
cjfa-63111	86	14	and	and	CCONJ
cjfa-63111	86	15	dii	dii	PROPN
cjfa-63111	86	16	ownership	ownership	NOUN
cjfa-63111	86	17	differentially	differentially	ADV
cjfa-63111	86	18	affect	affect	VERB
cjfa-63111	86	19	contingent	contingent	ADJ
cjfa-63111	86	20	liabilities	liability	NOUN
cjfa-63111	86	21	reporting	report	VERB
cjfa-63111	86	22	.	.	PUNCT
cjfa-63111	87	1	in	in	ADP
cjfa-63111	87	2	this	this	DET
cjfa-63111	87	3	direction	direction	NOUN
cjfa-63111	87	4	,	,	PUNCT
cjfa-63111	87	5	the	the	DET
cjfa-63111	87	6	present	present	ADJ
cjfa-63111	87	7	research	research	NOUN
cjfa-63111	87	8	aims	aim	VERB
cjfa-63111	87	9	to	to	PART
cjfa-63111	87	10	advance	advance	VERB
cjfa-63111	87	11	current	current	ADJ
cjfa-63111	87	12	debates	debate	NOUN
cjfa-63111	87	13	in	in	ADP
cjfa-63111	87	14	corporate	corporate	ADJ
cjfa-63111	87	15	governance	governance	NOUN
cjfa-63111	87	16	,	,	PUNCT
cjfa-63111	87	17	offering	offer	VERB
cjfa-63111	87	18	insights	insight	NOUN
cjfa-63111	87	19	into	into	ADP
cjfa-63111	87	20	investor	investor	NOUN
cjfa-63111	87	21	heterogeneity	heterogeneity	NOUN
cjfa-63111	87	22	and	and	CCONJ
cjfa-63111	87	23	addressing	address	VERB
cjfa-63111	87	24	pressing	press	VERB
cjfa-63111	87	25	demands	demand	NOUN
cjfa-63111	87	26	for	for	ADP
cjfa-63111	87	27	improved	improved	ADJ
cjfa-63111	87	28	risk	risk	NOUN
cjfa-63111	87	29	transparency	transparency	NOUN
cjfa-63111	87	30	in	in	ADP
cjfa-63111	87	31	emerging	emerge	VERB
cjfa-63111	87	32	markets	market	NOUN
cjfa-63111	87	33	.	.	PUNCT
cjfa-63111	88	1	methodology	methodology	NOUN
cjfa-63111	88	2	of	of	ADP
cjfa-63111	88	3	the	the	DET
cjfa-63111	88	4	study	study	NOUN
cjfa-63111	88	5	methodology	methodology	NOUN
cjfa-63111	88	6	of	of	ADP
cjfa-63111	88	7	the	the	DET
cjfa-63111	88	8	study	study	NOUN
cjfa-63111	88	9	data	datum	NOUN
cjfa-63111	88	10	and	and	CCONJ
cjfa-63111	88	11	study	study	NOUN
cjfa-63111	88	12	perioddata	perioddata	NOUN
cjfa-63111	88	13	and	and	CCONJ
cjfa-63111	88	14	study	study	NOUN
cjfa-63111	88	15	period	period	NOUN
cjfa-63111	88	16	this	this	DET
cjfa-63111	88	17	study	study	NOUN
cjfa-63111	88	18	employs	employ	VERB
cjfa-63111	88	19	firm	firm	ADJ
cjfa-63111	88	20	-	-	PUNCT
cjfa-63111	88	21	level	level	NOUN
cjfa-63111	88	22	panel	panel	NOUN
cjfa-63111	88	23	data	datum	NOUN
cjfa-63111	88	24	extracted	extract	VERB
cjfa-63111	88	25	from	from	ADP
cjfa-63111	88	26	the	the	DET
cjfa-63111	88	27	cmie	cmie	PROPN
cjfa-63111	88	28	prowess	prowess	NOUN
cjfa-63111	88	29	database	database	NOUN
cjfa-63111	88	30	,	,	PUNCT
cjfa-63111	88	31	a	a	DET
cjfa-63111	88	32	widely	widely	ADV
cjfa-63111	88	33	used	use	VERB
cjfa-63111	88	34	financial	financial	ADJ
cjfa-63111	88	35	and	and	CCONJ
cjfa-63111	88	36	ownership	ownership	NOUN
cjfa-63111	88	37	information	information	NOUN
cjfa-63111	88	38	source	source	NOUN
cjfa-63111	88	39	on	on	ADP
cjfa-63111	88	40	indian	indian	ADJ
cjfa-63111	88	41	listed	list	VERB
cjfa-63111	88	42	companies	company	NOUN
cjfa-63111	88	43	.	.	PUNCT
cjfa-63111	89	1	the	the	DET
cjfa-63111	89	2	analysis	analysis	NOUN
cjfa-63111	89	3	focuses	focus	VERB
cjfa-63111	89	4	on	on	ADP
cjfa-63111	89	5	firms	firm	NOUN
cjfa-63111	89	6	reporting	report	VERB
cjfa-63111	89	7	contingent	contingent	ADJ
cjfa-63111	89	8	liabilities	liability	NOUN
cjfa-63111	89	9	and	and	CCONJ
cjfa-63111	89	10	having	have	VERB
cjfa-63111	89	11	institutional	institutional	ADJ
cjfa-63111	89	12	investor	investor	NOUN
cjfa-63111	89	13	ownership	ownership	NOUN
cjfa-63111	89	14	data	datum	NOUN
cjfa-63111	89	15	available	available	ADJ
cjfa-63111	89	16	.	.	PUNCT
cjfa-63111	90	1	the	the	DET
cjfa-63111	90	2	sample	sample	NOUN
cjfa-63111	90	3	spans	span	VERB
cjfa-63111	90	4	the	the	DET
cjfa-63111	90	5	financial	financial	ADJ
cjfa-63111	90	6	years	year	NOUN
cjfa-63111	90	7	ending	end	VERB
cjfa-63111	90	8	march	march	PROPN
cjfa-63111	90	9	2006	2006	NUM
cjfa-63111	90	10	through	through	ADP
cjfa-63111	90	11	march	march	PROPN
cjfa-63111	90	12	2023	2023	NUM
cjfa-63111	90	13	.	.	PUNCT
cjfa-63111	91	1	sample	sample	NOUN
cjfa-63111	91	2	selectionsample	selectionsample	ADJ
cjfa-63111	91	3	selection	selection	NOUN
cjfa-63111	91	4	to	to	PART
cjfa-63111	91	5	form	form	VERB
cjfa-63111	91	6	the	the	DET
cjfa-63111	91	7	sample	sample	NOUN
cjfa-63111	91	8	,	,	PUNCT
cjfa-63111	91	9	first	first	ADV
cjfa-63111	91	10	,	,	PUNCT
cjfa-63111	91	11	this	this	DET
cjfa-63111	91	12	study	study	NOUN
cjfa-63111	91	13	identified	identify	VERB
cjfa-63111	91	14	all	all	DET
cjfa-63111	91	15	listed	list	VERB
cjfa-63111	91	16	indian	indian	ADJ
cjfa-63111	91	17	firms	firm	NOUN
cjfa-63111	91	18	with	with	ADP
cjfa-63111	91	19	data	datum	NOUN
cjfa-63111	91	20	on	on	ADP
cjfa-63111	91	21	contingent	contingent	ADJ
cjfa-63111	91	22	liabilities	liability	NOUN
cjfa-63111	91	23	and	and	CCONJ
cjfa-63111	91	24	institutional	institutional	ADJ
cjfa-63111	91	25	ownership	ownership	NOUN
cjfa-63111	91	26	for	for	ADP
cjfa-63111	91	27	the	the	DET
cjfa-63111	91	28	chosen	choose	VERB
cjfa-63111	91	29	period	period	NOUN
cjfa-63111	91	30	.	.	PUNCT
cjfa-63111	92	1	then	then	ADV
cjfa-63111	92	2	,	,	PUNCT
cjfa-63111	92	3	it	it	PRON
cjfa-63111	92	4	excluded	exclude	VERB
cjfa-63111	92	5	firms	firm	NOUN
cjfa-63111	92	6	with	with	ADP
cjfa-63111	92	7	missing	missing	ADJ
cjfa-63111	92	8	or	or	CCONJ
cjfa-63111	92	9	inconsistent	inconsistent	ADJ
cjfa-63111	92	10	financial	financial	ADJ
cjfa-63111	92	11	data	datum	NOUN
cjfa-63111	92	12	.	.	PUNCT
cjfa-63111	93	1	the	the	DET
cjfa-63111	93	2	final	final	ADJ
cjfa-63111	93	3	sample	sample	NOUN
cjfa-63111	93	4	comprises	comprise	VERB
cjfa-63111	93	5	430	430	NUM
cjfa-63111	93	6	unique	unique	ADJ
cjfa-63111	93	7	companies	company	NOUN
cjfa-63111	93	8	,	,	PUNCT
cjfa-63111	93	9	representing	represent	VERB
cjfa-63111	93	10	5,483	5,483	NUM
cjfa-63111	93	11	firm	firm	ADJ
cjfa-63111	93	12	-	-	PUNCT
cjfa-63111	93	13	year	year	NOUN
cjfa-63111	93	14	observations	observation	NOUN
cjfa-63111	93	15	.	.	PUNCT
cjfa-63111	94	1	srikanth	srikanth	PROPN
cjfa-63111	94	2	potharla7878	potharla7878	ADJ
cjfa-63111	94	3	empirical	empirical	ADJ
cjfa-63111	94	4	model	model	NOUN
cjfa-63111	94	5	specificationempirical	specificationempirical	PROPN
cjfa-63111	94	6	model	model	PROPN
cjfa-63111	94	7	specification	specification	NOUN
cjfa-63111	94	8	this	this	DET
cjfa-63111	94	9	study	study	NOUN
cjfa-63111	94	10	estimates	estimate	VERB
cjfa-63111	94	11	two	two	NUM
cjfa-63111	94	12	linear	linear	ADJ
cjfa-63111	94	13	regression	regression	NOUN
cjfa-63111	94	14	models	model	NOUN
cjfa-63111	94	15	to	to	PART
cjfa-63111	94	16	investigate	investigate	VERB
cjfa-63111	94	17	the	the	DET
cjfa-63111	94	18	relationship	relationship	NOUN
cjfa-63111	94	19	between	between	ADP
cjfa-63111	94	20	institutional	institutional	ADJ
cjfa-63111	94	21	ownership	ownership	NOUN
cjfa-63111	94	22	and	and	CCONJ
cjfa-63111	94	23	the	the	DET
cjfa-63111	94	24	extent	extent	NOUN
cjfa-63111	94	25	of	of	ADP
cjfa-63111	94	26	contingent	contingent	ADJ
cjfa-63111	94	27	liabilities	liability	NOUN
cjfa-63111	94	28	disclosure	disclosure	NOUN
cjfa-63111	94	29	(	(	PUNCT
cjfa-63111	94	30	cld	cld	NOUN
cjfa-63111	94	31	)	)	PUNCT
cjfa-63111	94	32	.	.	PUNCT
cjfa-63111	95	1	the	the	DET
cjfa-63111	95	2	first	first	ADJ
cjfa-63111	95	3	model	model	NOUN
cjfa-63111	95	4	examines	examine	NOUN
cjfa-63111	95	5	aggregate	aggregate	ADJ
cjfa-63111	95	6	institutional	institutional	ADJ
cjfa-63111	95	7	ownership	ownership	NOUN
cjfa-63111	95	8	,	,	PUNCT
cjfa-63111	95	9	while	while	SCONJ
cjfa-63111	95	10	the	the	DET
cjfa-63111	95	11	second	second	ADJ
cjfa-63111	95	12	disaggregates	disaggregate	VERB
cjfa-63111	95	13	ownership	ownership	NOUN
cjfa-63111	95	14	into	into	ADP
cjfa-63111	95	15	domestic	domestic	ADJ
cjfa-63111	95	16	institutional	institutional	ADJ
cjfa-63111	95	17	investors	investor	NOUN
cjfa-63111	95	18	(	(	PUNCT
cjfa-63111	95	19	dii	dii	NOUN
cjfa-63111	95	20	)	)	PUNCT
cjfa-63111	95	21	and	and	CCONJ
cjfa-63111	95	22	foreign	foreign	ADJ
cjfa-63111	95	23	institutional	institutional	ADJ
cjfa-63111	95	24	investors	investor	NOUN
cjfa-63111	95	25	(	(	PUNCT
cjfa-63111	95	26	fii	fii	PROPN
cjfa-63111	95	27	)	)	PUNCT
cjfa-63111	95	28	.	.	PUNCT
cjfa-63111	96	1	industry	industry	NOUN
cjfa-63111	96	2	fixed	fix	VERB
cjfa-63111	96	3	effects	effect	NOUN
cjfa-63111	96	4	(	(	PUNCT
cjfa-63111	96	5	sector	sector	NOUN
cjfa-63111	96	6	dummies	dummy	NOUN
cjfa-63111	96	7	)	)	PUNCT
cjfa-63111	96	8	are	be	AUX
cjfa-63111	96	9	included	include	VERB
cjfa-63111	96	10	to	to	PART
cjfa-63111	96	11	control	control	VERB
cjfa-63111	96	12	for	for	ADP
cjfa-63111	96	13	sector	sector	NOUN
cjfa-63111	96	14	-	-	PUNCT
cjfa-63111	96	15	specific	specific	ADJ
cjfa-63111	96	16	variations	variation	NOUN
cjfa-63111	96	17	in	in	ADP
cjfa-63111	96	18	disclosure	disclosure	NOUN
cjfa-63111	96	19	practices	practice	NOUN
cjfa-63111	96	20	.	.	PUNCT
cjfa-63111	97	1	cld	cld	PROPN
cjfa-63111	97	2	=	=	NOUN
cjfa-63111	97	3	β0	β0	NOUN
cjfa-63111	97	4	 	 	SPACE
cjfa-63111	97	5	+	+	CCONJ
cjfa-63111	97	6	 	 	SPACE
cjfa-63111	97	7	β1(inst	β1(inst	NUM
cjfa-63111	97	8	)	)	PUNCT
cjfa-63111	97	9	 	 	SPACE
cjfa-63111	98	1	+	+	CCONJ
cjfa-63111	98	2	 	 	SPACE
cjfa-63111	98	3	β2(size	β2(size	NOUN
cjfa-63111	98	4	)	)	PUNCT
cjfa-63111	98	5	 	 	SPACE
cjfa-63111	99	1	+	+	CCONJ
cjfa-63111	99	2	 	 	SPACE
cjfa-63111	99	3	β3(mbv	β3(mbv	NOUN
cjfa-63111	99	4	)	)	PUNCT
cjfa-63111	99	5	 	 	SPACE
cjfa-63111	100	1	+	+	CCONJ
cjfa-63111	100	2	 	 	SPACE
cjfa-63111	100	3	β4(debt	β4(debt	NOUN
cjfa-63111	100	4	ratio	ratio	NOUN
cjfa-63111	100	5	)	)	PUNCT
cjfa-63111	100	6	 	 	SPACE
cjfa-63111	101	1	+	+	NUM
cjfa-63111	101	2	  	  	SPACE
cjfa-63111	101	3	∑βk(sector	∑βk(sector	NOUN
cjfa-63111	101	4	dummies	dummy	NOUN
cjfa-63111	101	5	)	)	PUNCT
cjfa-63111	101	6	(	(	PUNCT
cjfa-63111	101	7	1	1	X
cjfa-63111	101	8	)	)	PUNCT
cjfa-63111	101	9	cld	cld	NOUN
cjfa-63111	101	10	=	=	NOUN
cjfa-63111	101	11	β0	β0	NOUN
cjfa-63111	101	12	 	 	SPACE
cjfa-63111	101	13	+	+	CCONJ
cjfa-63111	101	14	 	 	SPACE
cjfa-63111	101	15	β1(dii	β1(dii	X
cjfa-63111	101	16	)	)	PUNCT
cjfa-63111	101	17	 	 	SPACE
cjfa-63111	102	1	+	+	CCONJ
cjfa-63111	102	2	 	 	SPACE
cjfa-63111	102	3	β2(fii	β2(fii	NUM
cjfa-63111	102	4	)	)	PUNCT
cjfa-63111	102	5	 	 	SPACE
cjfa-63111	103	1	+	+	CCONJ
cjfa-63111	103	2	 	 	SPACE
cjfa-63111	103	3	β3(size	β3(size	NOUN
cjfa-63111	103	4	)	)	PUNCT
cjfa-63111	103	5	 	 	SPACE
cjfa-63111	104	1	+	+	CCONJ
cjfa-63111	104	2	 	 	SPACE
cjfa-63111	104	3	β4(mbv	β4(mbv	NOUN
cjfa-63111	104	4	)	)	PUNCT
cjfa-63111	104	5	 	 	SPACE
cjfa-63111	105	1	+	+	CCONJ
cjfa-63111	105	2	 	 	SPACE
cjfa-63111	105	3	β5(debt	β5(debt	NOUN
cjfa-63111	105	4	ratio	ratio	NOUN
cjfa-63111	105	5	)	)	PUNCT
cjfa-63111	105	6	 	 	SPACE
cjfa-63111	106	1	+	+	NUM
cjfa-63111	106	2	 	 	SPACE
cjfa-63111	106	3	∑βk(sector	∑βk(sector	NOUN
cjfa-63111	106	4	dummies	dummy	NOUN
cjfa-63111	106	5	)	)	PUNCT
cjfa-63111	106	6	(	(	PUNCT
cjfa-63111	106	7	2	2	X
cjfa-63111	106	8	)	)	PUNCT
cjfa-63111	106	9	■	■	PUNCT
cjfa-63111	106	10	cld	cld	NOUN
cjfa-63111	106	11	:	:	PUNCT
cjfa-63111	106	12	contingent	contingent	ADJ
cjfa-63111	106	13	liabilities	liability	NOUN
cjfa-63111	106	14	disclosure	disclosure	NOUN
cjfa-63111	106	15	score	score	NOUN
cjfa-63111	106	16	computed	compute	VERB
cjfa-63111	106	17	based	base	VERB
cjfa-63111	106	18	on	on	ADP
cjfa-63111	106	19	a	a	DET
cjfa-63111	106	20	number	number	NOUN
cjfa-63111	106	21	of	of	ADP
cjfa-63111	106	22	items	item	NOUN
cjfa-63111	106	23	disclosed	disclose	VERB
cjfa-63111	106	24	by	by	ADP
cjfa-63111	106	25	the	the	DET
cjfa-63111	106	26	sample	sample	NOUN
cjfa-63111	106	27	companies	company	NOUN
cjfa-63111	106	28	under	under	ADP
cjfa-63111	106	29	the	the	DET
cjfa-63111	106	30	section	section	NOUN
cjfa-63111	106	31	contingent	contingent	NOUN
cjfa-63111	106	32	liabilities	liability	NOUN
cjfa-63111	106	33	in	in	ADP
cjfa-63111	106	34	their	their	PRON
cjfa-63111	106	35	financial	financial	ADJ
cjfa-63111	106	36	statements	statement	NOUN
cjfa-63111	106	37	.	.	PUNCT
cjfa-63111	107	1	■	■	PUNCT
cjfa-63111	107	2	inst	inst	NOUN
cjfa-63111	107	3	:	:	PUNCT
cjfa-63111	107	4	aggregate	aggregate	ADJ
cjfa-63111	107	5	proportion	proportion	NOUN
cjfa-63111	107	6	of	of	ADP
cjfa-63111	107	7	institutional	institutional	ADJ
cjfa-63111	107	8	ownership	ownership	NOUN
cjfa-63111	107	9	,	,	PUNCT
cjfa-63111	107	10	capturing	capture	VERB
cjfa-63111	107	11	the	the	DET
cjfa-63111	107	12	combined	combined	ADJ
cjfa-63111	107	13	holdings	holding	NOUN
cjfa-63111	107	14	of	of	ADP
cjfa-63111	107	15	all	all	DET
cjfa-63111	107	16	institutional	institutional	ADJ
cjfa-63111	107	17	investors	investor	NOUN
cjfa-63111	107	18	in	in	ADP
cjfa-63111	107	19	the	the	DET
cjfa-63111	107	20	firm	firm	NOUN
cjfa-63111	107	21	.	.	PUNCT
cjfa-63111	108	1	■	■	PUNCT
cjfa-63111	108	2	dii	dii	NOUN
cjfa-63111	108	3	:	:	PUNCT
cjfa-63111	108	4	proportion	proportion	NOUN
cjfa-63111	108	5	of	of	ADP
cjfa-63111	108	6	domestic	domestic	ADJ
cjfa-63111	108	7	institutional	institutional	ADJ
cjfa-63111	108	8	investors	investor	NOUN
cjfa-63111	108	9	’	'	PUNCT
cjfa-63111	108	10	shareholding	shareholding	NOUN
cjfa-63111	108	11	in	in	ADP
cjfa-63111	108	12	the	the	DET
cjfa-63111	108	13	firm	firm	NOUN
cjfa-63111	108	14	.	.	PUNCT
cjfa-63111	109	1	■	■	PUNCT
cjfa-63111	109	2	fii	fii	ADJ
cjfa-63111	109	3	:	:	PUNCT
cjfa-63111	109	4	proportion	proportion	NOUN
cjfa-63111	109	5	of	of	ADP
cjfa-63111	109	6	foreign	foreign	ADJ
cjfa-63111	109	7	institutional	institutional	ADJ
cjfa-63111	109	8	investors	investor	NOUN
cjfa-63111	109	9	’	'	PUNCT
cjfa-63111	109	10	shareholding	shareholding	NOUN
cjfa-63111	109	11	in	in	ADP
cjfa-63111	109	12	the	the	DET
cjfa-63111	109	13	firm	firm	NOUN
cjfa-63111	109	14	.	.	PUNCT
cjfa-63111	110	1	■	■	PUNCT
cjfa-63111	110	2	size	size	NOUN
cjfa-63111	110	3	:	:	PUNCT
cjfa-63111	110	4	natural	natural	ADJ
cjfa-63111	110	5	logarithm	logarithm	NOUN
cjfa-63111	110	6	of	of	ADP
cjfa-63111	110	7	total	total	ADJ
cjfa-63111	110	8	assets	asset	NOUN
cjfa-63111	110	9	,	,	PUNCT
cjfa-63111	110	10	a	a	DET
cjfa-63111	110	11	proxy	proxy	NOUN
cjfa-63111	110	12	for	for	ADP
cjfa-63111	110	13	firm	firm	ADJ
cjfa-63111	110	14	size	size	NOUN
cjfa-63111	110	15	.	.	PUNCT
cjfa-63111	111	1	larger	large	ADJ
cjfa-63111	111	2	firms	firm	NOUN
cjfa-63111	111	3	may	may	AUX
cjfa-63111	111	4	have	have	VERB
cjfa-63111	111	5	more	more	ADJ
cjfa-63111	111	6	complex	complex	ADJ
cjfa-63111	111	7	operations	operation	NOUN
cjfa-63111	111	8	and	and	CCONJ
cjfa-63111	111	9	are	be	AUX
cjfa-63111	111	10	expected	expect	VERB
cjfa-63111	111	11	to	to	PART
cjfa-63111	111	12	provide	provide	VERB
cjfa-63111	111	13	more	more	ADV
cjfa-63111	111	14	detailed	detailed	ADJ
cjfa-63111	111	15	disclosures	disclosure	NOUN
cjfa-63111	111	16	.	.	PUNCT
cjfa-63111	112	1	■	■	PUNCT
cjfa-63111	112	2	mbv	mbv	NOUN
cjfa-63111	112	3	:	:	PUNCT
cjfa-63111	112	4	market	market	NOUN
cjfa-63111	112	5	-	-	PUNCT
cjfa-63111	112	6	to	to	ADP
cjfa-63111	112	7	-	-	PUNCT
cjfa-63111	112	8	book	book	NOUN
cjfa-63111	112	9	ratio	ratio	NOUN
cjfa-63111	112	10	,	,	PUNCT
cjfa-63111	112	11	representing	represent	VERB
cjfa-63111	112	12	growth	growth	NOUN
cjfa-63111	112	13	opportunities	opportunity	NOUN
cjfa-63111	112	14	and	and	CCONJ
cjfa-63111	112	15	valuation	valuation	NOUN
cjfa-63111	112	16	,	,	PUNCT
cjfa-63111	112	17	which	which	PRON
cjfa-63111	112	18	may	may	AUX
cjfa-63111	112	19	influence	influence	VERB
cjfa-63111	112	20	the	the	DET
cjfa-63111	112	21	breadth	breadth	NOUN
cjfa-63111	112	22	and	and	CCONJ
cjfa-63111	112	23	depth	depth	NOUN
cjfa-63111	112	24	of	of	ADP
cjfa-63111	112	25	corporate	corporate	ADJ
cjfa-63111	112	26	disclosure	disclosure	NOUN
cjfa-63111	112	27	.	.	PUNCT
cjfa-63111	113	1	■	■	PUNCT
cjfa-63111	113	2	debt	debt	NOUN
cjfa-63111	113	3	ratio	ratio	NOUN
cjfa-63111	113	4	:	:	PUNCT
cjfa-63111	113	5	ratio	ratio	NOUN
cjfa-63111	113	6	of	of	ADP
cjfa-63111	113	7	total	total	ADJ
cjfa-63111	113	8	debt	debt	NOUN
cjfa-63111	113	9	to	to	ADP
cjfa-63111	113	10	total	total	ADJ
cjfa-63111	113	11	assets	asset	NOUN
cjfa-63111	113	12	.	.	PUNCT
cjfa-63111	114	1	highly	highly	ADV
cjfa-63111	114	2	leveraged	leveraged	ADJ
cjfa-63111	114	3	firms	firm	NOUN
cjfa-63111	114	4	may	may	AUX
cjfa-63111	114	5	face	face	VERB
cjfa-63111	114	6	greater	great	ADJ
cjfa-63111	114	7	scrutiny	scrutiny	NOUN
cjfa-63111	114	8	from	from	ADP
cjfa-63111	114	9	creditors	creditor	NOUN
cjfa-63111	114	10	and	and	CCONJ
cjfa-63111	114	11	thus	thus	ADV
cjfa-63111	114	12	provide	provide	VERB
cjfa-63111	114	13	more	more	ADV
cjfa-63111	114	14	rigorous	rigorous	ADJ
cjfa-63111	114	15	disclosure	disclosure	NOUN
cjfa-63111	114	16	.	.	PUNCT
cjfa-63111	115	1	■	■	PUNCT
cjfa-63111	115	2	sector	sector	NOUN
cjfa-63111	115	3	dummies	dummy	NOUN
cjfa-63111	115	4	:	:	PUNCT
cjfa-63111	115	5	a	a	DET
cjfa-63111	115	6	set	set	NOUN
cjfa-63111	115	7	of	of	ADP
cjfa-63111	115	8	industry	industry	NOUN
cjfa-63111	115	9	-	-	PUNCT
cjfa-63111	115	10	fixed	fix	VERB
cjfa-63111	115	11	effects	effect	NOUN
cjfa-63111	115	12	to	to	PART
cjfa-63111	115	13	control	control	VERB
cjfa-63111	115	14	for	for	ADP
cjfa-63111	115	15	sector	sector	NOUN
cjfa-63111	115	16	-	-	PUNCT
cjfa-63111	115	17	specific	specific	ADJ
cjfa-63111	115	18	heterogeneity	heterogeneity	NOUN
cjfa-63111	115	19	in	in	ADP
cjfa-63111	115	20	disclosure	disclosure	NOUN
cjfa-63111	115	21	practices	practice	NOUN
cjfa-63111	115	22	and	and	CCONJ
cjfa-63111	115	23	regulatory	regulatory	ADJ
cjfa-63111	115	24	frameworks	framework	NOUN
cjfa-63111	115	25	.	.	PUNCT
cjfa-63111	116	1	bridging	bridge	VERB
cjfa-63111	116	2	disclosure	disclosure	NOUN
cjfa-63111	116	3	gaps	gap	NOUN
cjfa-63111	116	4	:	:	PUNCT
cjfa-63111	116	5	the	the	DET
cjfa-63111	116	6	role	role	NOUN
cjfa-63111	116	7	of	of	ADP
cjfa-63111	116	8	institutional	institutional	ADJ
cjfa-63111	116	9	investors	investor	NOUN
cjfa-63111	116	10	…	…	PUNCT
cjfa-63111	116	11	7979	7979	NUM
cjfa-63111	116	12	results	result	NOUN
cjfa-63111	116	13	of	of	ADP
cjfa-63111	116	14	the	the	DET
cjfa-63111	116	15	analysis	analysis	NOUN
cjfa-63111	116	16	results	result	NOUN
cjfa-63111	116	17	of	of	ADP
cjfa-63111	116	18	the	the	DET
cjfa-63111	116	19	analysis	analysis	NOUN
cjfa-63111	116	20	descriptive	descriptive	ADJ
cjfa-63111	116	21	statistics	statistic	NOUN
cjfa-63111	116	22	and	and	CCONJ
cjfa-63111	116	23	correlation	correlation	NOUN
cjfa-63111	116	24	analysis	analysis	NOUN
cjfa-63111	116	25	descriptive	descriptive	ADJ
cjfa-63111	116	26	statistics	statistic	NOUN
cjfa-63111	116	27	and	and	CCONJ
cjfa-63111	116	28	correlation	correlation	NOUN
cjfa-63111	116	29	analysis	analysis	NOUN
cjfa-63111	116	30	table	table	NOUN
cjfa-63111	116	31	1	1	NUM
cjfa-63111	116	32	.	.	PUNCT
cjfa-63111	116	33	descriptive	descriptive	ADJ
cjfa-63111	116	34	statistics	statistic	NOUN
cjfa-63111	116	35	mean	mean	VERB
cjfa-63111	116	36	std	std	X
cjfa-63111	116	37	min	min	PROPN
cjfa-63111	116	38	max	max	PROPN
cjfa-63111	116	39	n	n	PROPN
cjfa-63111	116	40	cld	cld	VERB
cjfa-63111	116	41	3.139	3.139	NUM
cjfa-63111	116	42	1.422	1.422	NUM
cjfa-63111	116	43	1.000	1.000	NUM
cjfa-63111	116	44	9.000	9.000	NUM
cjfa-63111	116	45	5,483	5,483	NUM
cjfa-63111	116	46	inst	inst	NOUN
cjfa-63111	116	47	22.771	22.771	NUM
cjfa-63111	116	48	14.371	14.371	NUM
cjfa-63111	116	49	0.000	0.000	NUM
cjfa-63111	116	50	85.470	85.470	NUM
cjfa-63111	116	51	5,483	5,483	NUM
cjfa-63111	116	52	dii	dii	NOUN
cjfa-63111	116	53	10.413	10.413	NUM
cjfa-63111	116	54	8.164	8.164	NUM
cjfa-63111	116	55	0.000	0.000	NUM
cjfa-63111	116	56	61.130	61.130	NUM
cjfa-63111	116	57	5,423	5,423	NUM
cjfa-63111	116	58	fii	fii	PROPN
cjfa-63111	116	59	12.193	12.193	NUM
cjfa-63111	116	60	10.176	10.176	NUM
cjfa-63111	116	61	0.010	0.010	NUM
cjfa-63111	116	62	68.270	68.270	NUM
cjfa-63111	116	63	5,244	5,244	NUM
cjfa-63111	116	64	size	size	NOUN
cjfa-63111	116	65	10.649	10.649	NUM
cjfa-63111	116	66	1.562	1.562	NUM
cjfa-63111	116	67	5.276	5.276	NUM
cjfa-63111	116	68	16.090	16.090	NUM
cjfa-63111	116	69	5,483	5,483	NUM
cjfa-63111	116	70	mbv	mbv	NOUN
cjfa-63111	116	71	4.626	4.626	NUM
cjfa-63111	116	72	4.321	4.321	NUM
cjfa-63111	116	73	0.510	0.510	NUM
cjfa-63111	116	74	18.620	18.620	NUM
cjfa-63111	116	75	5,483	5,483	NUM
cjfa-63111	116	76	debt	debt	NOUN
cjfa-63111	116	77	ratio	ratio	NOUN
cjfa-63111	116	78	0.876	0.876	NUM
cjfa-63111	116	79	6.821	6.821	NUM
cjfa-63111	116	80	0.000	0.000	NUM
cjfa-63111	116	81	459.260	459.260	NUM
cjfa-63111	117	1	5,483	5,483	NUM
cjfa-63111	117	2	s	s	NOUN
cjfa-63111	117	3	o	o	NOUN
cjfa-63111	117	4	u	u	NOUN
cjfa-63111	117	5	r	r	NOUN
cjfa-63111	117	6	c	c	NOUN
cjfa-63111	117	7	e	e	NOUN
cjfa-63111	117	8	:	:	PUNCT
cjfa-63111	117	9	author	author	PROPN
cjfa-63111	117	10	’s	’s	PART
cjfa-63111	117	11	calculations	calculation	NOUN
cjfa-63111	117	12	.	.	PUNCT
cjfa-63111	118	1	table	table	NOUN
cjfa-63111	118	2	1	1	NUM
cjfa-63111	118	3	presents	present	VERB
cjfa-63111	118	4	descriptive	descriptive	ADJ
cjfa-63111	118	5	statistics	statistic	NOUN
cjfa-63111	118	6	for	for	ADP
cjfa-63111	118	7	key	key	ADJ
cjfa-63111	118	8	variables	variable	NOUN
cjfa-63111	118	9	across	across	ADP
cjfa-63111	118	10	5,483	5,483	NUM
cjfa-63111	118	11	firm	firm	ADJ
cjfa-63111	118	12	-	-	PUNCT
cjfa-63111	118	13	year	year	NOUN
cjfa-63111	118	14	observations	observation	NOUN
cjfa-63111	118	15	,	,	PUNCT
cjfa-63111	118	16	highlighting	highlight	VERB
cjfa-63111	118	17	noticeable	noticeable	ADJ
cjfa-63111	118	18	variation	variation	NOUN
cjfa-63111	118	19	in	in	ADP
cjfa-63111	118	20	contingent	contingent	ADJ
cjfa-63111	118	21	liabilities	liability	NOUN
cjfa-63111	118	22	disclosure	disclosure	NOUN
cjfa-63111	118	23	(	(	PUNCT
cjfa-63111	118	24	cld	cld	NOUN
cjfa-63111	118	25	)	)	PUNCT
cjfa-63111	118	26	,	,	PUNCT
cjfa-63111	118	27	which	which	PRON
cjfa-63111	118	28	averages	average	VERB
cjfa-63111	118	29	3.139	3.139	NUM
cjfa-63111	118	30	on	on	ADP
cjfa-63111	118	31	a	a	DET
cjfa-63111	118	32	1–9	1–9	NUM
cjfa-63111	118	33	scale	scale	NOUN
cjfa-63111	118	34	.	.	PUNCT
cjfa-63111	119	1	this	this	DET
cjfa-63111	119	2	spread	spread	NOUN
cjfa-63111	119	3	implies	imply	VERB
cjfa-63111	119	4	that	that	SCONJ
cjfa-63111	119	5	while	while	SCONJ
cjfa-63111	119	6	some	some	DET
cjfa-63111	119	7	firms	firm	NOUN
cjfa-63111	119	8	offer	offer	VERB
cjfa-63111	119	9	substantial	substantial	ADJ
cjfa-63111	119	10	information	information	NOUN
cjfa-63111	119	11	on	on	ADP
cjfa-63111	119	12	potential	potential	ADJ
cjfa-63111	119	13	obligations	obligation	NOUN
cjfa-63111	119	14	,	,	PUNCT
cjfa-63111	119	15	others	other	NOUN
cjfa-63111	119	16	remain	remain	VERB
cjfa-63111	119	17	comparatively	comparatively	ADV
cjfa-63111	119	18	opaque	opaque	ADJ
cjfa-63111	119	19	.	.	PUNCT
cjfa-63111	120	1	institutional	institutional	ADJ
cjfa-63111	120	2	ownership	ownership	NOUN
cjfa-63111	120	3	averages	average	NOUN
cjfa-63111	120	4	around	around	ADP
cjfa-63111	120	5	22.77	22.77	NUM
cjfa-63111	120	6	%	%	NOUN
cjfa-63111	120	7	,	,	PUNCT
cjfa-63111	120	8	with	with	ADP
cjfa-63111	120	9	domestic	domestic	ADJ
cjfa-63111	120	10	and	and	CCONJ
cjfa-63111	120	11	foreign	foreign	ADJ
cjfa-63111	120	12	investors	investor	NOUN
cjfa-63111	120	13	contributing	contribute	VERB
cjfa-63111	120	14	roughly	roughly	ADV
cjfa-63111	120	15	10.41	10.41	NUM
cjfa-63111	120	16	%	%	NOUN
cjfa-63111	120	17	and	and	CCONJ
cjfa-63111	120	18	12.19	12.19	NUM
cjfa-63111	120	19	%	%	NOUN
cjfa-63111	120	20	,	,	PUNCT
cjfa-63111	120	21	respectively	respectively	ADV
cjfa-63111	120	22	,	,	PUNCT
cjfa-63111	120	23	reflecting	reflect	VERB
cjfa-63111	120	24	diverse	diverse	ADJ
cjfa-63111	120	25	investor	investor	NOUN
cjfa-63111	120	26	interests	interest	NOUN
cjfa-63111	120	27	that	that	PRON
cjfa-63111	120	28	may	may	AUX
cjfa-63111	120	29	drive	drive	VERB
cjfa-63111	120	30	firms	firm	NOUN
cjfa-63111	120	31	toward	toward	ADP
cjfa-63111	120	32	more	more	ADJ
cjfa-63111	120	33	thorough	thorough	ADJ
cjfa-63111	120	34	disclosure	disclosure	NOUN
cjfa-63111	120	35	.	.	PUNCT
cjfa-63111	121	1	the	the	DET
cjfa-63111	121	2	firms	firm	NOUN
cjfa-63111	121	3	vary	vary	VERB
cjfa-63111	121	4	significantly	significantly	ADV
cjfa-63111	121	5	in	in	ADP
cjfa-63111	121	6	size	size	NOUN
cjfa-63111	121	7	(	(	PUNCT
cjfa-63111	121	8	size	size	NOUN
cjfa-63111	121	9	10.65	10.65	NUM
cjfa-63111	121	10	)	)	PUNCT
cjfa-63111	121	11	as	as	ADV
cjfa-63111	121	12	well	well	ADV
cjfa-63111	121	13	as	as	ADP
cjfa-63111	121	14	in	in	ADP
cjfa-63111	121	15	growth	growth	NOUN
cjfa-63111	121	16	prospects	prospect	NOUN
cjfa-63111	121	17	(	(	PUNCT
cjfa-63111	121	18	mbv	mbv	NOUN
cjfa-63111	121	19	mean	mean	NOUN
cjfa-63111	121	20	=	=	SYM
cjfa-63111	121	21	4.63	4.63	NUM
cjfa-63111	121	22	)	)	PUNCT
cjfa-63111	121	23	and	and	CCONJ
cjfa-63111	121	24	leverage	leverage	NOUN
cjfa-63111	121	25	(	(	PUNCT
cjfa-63111	121	26	debt	debt	NOUN
cjfa-63111	121	27	ratio	ratio	NOUN
cjfa-63111	121	28	mean	mean	NOUN
cjfa-63111	121	29	=	=	PUNCT
cjfa-63111	121	30	0.88	0.88	NUM
cjfa-63111	121	31	)	)	PUNCT
cjfa-63111	121	32	.	.	PUNCT
cjfa-63111	122	1	srikanth	srikanth	PROPN
cjfa-63111	122	2	potharla8080	potharla8080	PROPN
cjfa-63111	122	3	table	table	NOUN
cjfa-63111	122	4	2	2	NUM
cjfa-63111	122	5	.	.	PUNCT
cjfa-63111	122	6	correlation	correlation	NOUN
cjfa-63111	122	7	matrix	matrix	NOUN
cjfa-63111	122	8	mbv	mbv	NOUN
cjfa-63111	122	9	debt	debt	NOUN
cjfa-63111	122	10	ratio	ratio	NOUN
cjfa-63111	122	11	size	size	NOUN
cjfa-63111	122	12	inst	inst	VERB
cjfa-63111	122	13	fii	fii	PROPN
cjfa-63111	122	14	dii	dii	PROPN
cjfa-63111	122	15	cld	cld	PROPN
cjfa-63111	122	16	mbv	mbv	PROPN
cjfa-63111	122	17	1	1	NUM
cjfa-63111	122	18	debt	debt	NOUN
cjfa-63111	122	19	ratio	ratio	NOUN
cjfa-63111	122	20	0.020	0.020	NUM
cjfa-63111	122	21	1	1	NUM
cjfa-63111	122	22	size	size	NOUN
cjfa-63111	122	23	-0.173	-0.173	PROPN
cjfa-63111	122	24	*	*	PUNCT
cjfa-63111	122	25	*	*	PUNCT
cjfa-63111	122	26	*	*	PUNCT
cjfa-63111	122	27	0.059	0.059	NUM
cjfa-63111	122	28	*	*	PUNCT
cjfa-63111	122	29	*	*	PUNCT
cjfa-63111	122	30	*	*	SYM
cjfa-63111	122	31	1	1	NUM
cjfa-63111	122	32	inst	inst	NOUN
cjfa-63111	122	33	-0.018	-0.018	PUNCT
cjfa-63111	122	34	-0.012	-0.012	VERB
cjfa-63111	122	35	0.350	0.350	NUM
cjfa-63111	122	36	*	*	PUNCT
cjfa-63111	122	37	*	*	PUNCT
cjfa-63111	122	38	*	*	PROPN
cjfa-63111	122	39	1	1	NUM
cjfa-63111	122	40	fii	fii	PROPN
cjfa-63111	122	41	0.057	0.057	NUM
cjfa-63111	122	42	*	*	PUNCT
cjfa-63111	122	43	*	*	PUNCT
cjfa-63111	122	44	*	*	PUNCT
cjfa-63111	122	45	0.012	0.012	NUM
cjfa-63111	122	46	0.304	0.304	NUM
cjfa-63111	122	47	*	*	PUNCT
cjfa-63111	122	48	*	*	PUNCT
cjfa-63111	122	49	*	*	PUNCT
cjfa-63111	122	50	0.800	0.800	NUM
cjfa-63111	122	51	*	*	PUNCT
cjfa-63111	122	52	*	*	PUNCT
cjfa-63111	122	53	*	*	PUNCT
cjfa-63111	122	54	1	1	NUM
cjfa-63111	122	55	dii	dii	NOUN
cjfa-63111	122	56	-0.093	-0.093	NOUN
cjfa-63111	122	57	*	*	PUNCT
cjfa-63111	122	58	*	*	PUNCT
cjfa-63111	122	59	*	*	PUNCT
cjfa-63111	122	60	-0.041	-0.041	PUNCT
cjfa-63111	122	61	*	*	PUNCT
cjfa-63111	122	62	*	*	PUNCT
cjfa-63111	122	63	*	*	PUNCT
cjfa-63111	122	64	0.217	0.217	NUM
cjfa-63111	122	65	*	*	PUNCT
cjfa-63111	122	66	*	*	PUNCT
cjfa-63111	122	67	*	*	PUNCT
cjfa-63111	122	68	0.658	0.658	NUM
cjfa-63111	122	69	*	*	PUNCT
cjfa-63111	122	70	*	*	PUNCT
cjfa-63111	122	71	*	*	PUNCT
cjfa-63111	122	72	0.120	0.120	NUM
cjfa-63111	122	73	*	*	PUNCT
cjfa-63111	122	74	*	*	PUNCT
cjfa-63111	122	75	*	*	SYM
cjfa-63111	122	76	1	1	NUM
cjfa-63111	122	77	cld	cld	NOUN
cjfa-63111	122	78	-0.171	-0.171	PUNCT
cjfa-63111	122	79	*	*	PUNCT
cjfa-63111	122	80	*	*	PUNCT
cjfa-63111	122	81	*	*	PUNCT
cjfa-63111	123	1	0.008	0.008	NUM
cjfa-63111	123	2	0.209	0.209	NUM
cjfa-63111	123	3	*	*	PUNCT
cjfa-63111	123	4	*	*	PUNCT
cjfa-63111	123	5	*	*	PUNCT
cjfa-63111	123	6	0.092	0.092	NUM
cjfa-63111	123	7	*	*	PUNCT
cjfa-63111	123	8	*	*	PUNCT
cjfa-63111	123	9	*	*	PUNCT
cjfa-63111	123	10	0.062	0.062	NUM
cjfa-63111	123	11	*	*	PUNCT
cjfa-63111	123	12	*	*	PUNCT
cjfa-63111	123	13	*	*	PUNCT
cjfa-63111	123	14	0.104	0.104	NUM
cjfa-63111	123	15	*	*	PUNCT
cjfa-63111	123	16	*	*	PUNCT
cjfa-63111	123	17	*	*	PUNCT
cjfa-63111	123	18	1	1	NUM
cjfa-63111	123	19	s	s	NOUN
cjfa-63111	123	20	o	o	NOUN
cjfa-63111	123	21	u	u	NOUN
cjfa-63111	123	22	r	r	NOUN
cjfa-63111	123	23	c	c	NOUN
cjfa-63111	123	24	e	e	NOUN
cjfa-63111	123	25	:	:	PUNCT
cjfa-63111	123	26	author	author	PROPN
cjfa-63111	123	27	’s	’s	PART
cjfa-63111	123	28	calculations	calculation	NOUN
cjfa-63111	123	29	.	.	PUNCT
cjfa-63111	124	1	the	the	DET
cjfa-63111	124	2	correlation	correlation	NOUN
cjfa-63111	124	3	matrix	matrix	NOUN
cjfa-63111	124	4	shown	show	VERB
cjfa-63111	124	5	in	in	ADP
cjfa-63111	124	6	table	table	NOUN
cjfa-63111	124	7	2	2	NUM
cjfa-63111	124	8	highlights	highlight	NOUN
cjfa-63111	124	9	relationships	relationship	NOUN
cjfa-63111	124	10	among	among	ADP
cjfa-63111	124	11	the	the	DET
cjfa-63111	124	12	variables	variable	NOUN
cjfa-63111	124	13	in	in	ADP
cjfa-63111	124	14	the	the	DET
cjfa-63111	124	15	study	study	NOUN
cjfa-63111	124	16	.	.	PUNCT
cjfa-63111	125	1	contingent	contingent	ADJ
cjfa-63111	125	2	liabilities	liability	NOUN
cjfa-63111	125	3	disclosure	disclosure	NOUN
cjfa-63111	125	4	(	(	PUNCT
cjfa-63111	125	5	cld	cld	NOUN
cjfa-63111	125	6	)	)	PUNCT
cjfa-63111	125	7	exhibits	exhibit	VERB
cjfa-63111	125	8	positive	positive	ADJ
cjfa-63111	125	9	correlations	correlation	NOUN
cjfa-63111	125	10	with	with	ADP
cjfa-63111	125	11	institutional	institutional	ADJ
cjfa-63111	125	12	ownership	ownership	NOUN
cjfa-63111	125	13	(	(	PUNCT
cjfa-63111	125	14	inst	inst	NOUN
cjfa-63111	125	15	:	:	PUNCT
cjfa-63111	125	16	0.092	0.092	NUM
cjfa-63111	125	17	*	*	PUNCT
cjfa-63111	125	18	*	*	PUNCT
cjfa-63111	125	19	*	*	PUNCT
cjfa-63111	125	20	)	)	PUNCT
cjfa-63111	125	21	,	,	PUNCT
cjfa-63111	125	22	foreign	foreign	ADJ
cjfa-63111	125	23	institutional	institutional	ADJ
cjfa-63111	125	24	investors	investor	NOUN
cjfa-63111	125	25	(	(	PUNCT
cjfa-63111	125	26	fii	fii	PROPN
cjfa-63111	125	27	:	:	PUNCT
cjfa-63111	125	28	0.062	0.062	NUM
cjfa-63111	125	29	*	*	PUNCT
cjfa-63111	125	30	*	*	PUNCT
cjfa-63111	125	31	*	*	PUNCT
cjfa-63111	125	32	)	)	PUNCT
cjfa-63111	125	33	,	,	PUNCT
cjfa-63111	125	34	and	and	CCONJ
cjfa-63111	125	35	domestic	domestic	ADJ
cjfa-63111	125	36	institutional	institutional	ADJ
cjfa-63111	125	37	investors	investor	NOUN
cjfa-63111	125	38	(	(	PUNCT
cjfa-63111	125	39	dii	dii	NOUN
cjfa-63111	125	40	:	:	PUNCT
cjfa-63111	125	41	0.104	0.104	NUM
cjfa-63111	125	42	*	*	PUNCT
cjfa-63111	125	43	*	*	PUNCT
cjfa-63111	125	44	*	*	PUNCT
cjfa-63111	125	45	)	)	PUNCT
cjfa-63111	125	46	.	.	PUNCT
cjfa-63111	126	1	firm	firm	ADJ
cjfa-63111	126	2	size	size	NOUN
cjfa-63111	126	3	(	(	PUNCT
cjfa-63111	126	4	0.209	0.209	NUM
cjfa-63111	126	5	*	*	PUNCT
cjfa-63111	126	6	*	*	PUNCT
cjfa-63111	126	7	*	*	PUNCT
cjfa-63111	126	8	)	)	PUNCT
cjfa-63111	126	9	positively	positively	ADV
cjfa-63111	126	10	correlates	correlate	VERB
cjfa-63111	126	11	with	with	ADP
cjfa-63111	126	12	cld	cld	NOUN
cjfa-63111	126	13	,	,	PUNCT
cjfa-63111	126	14	emphasizing	emphasize	VERB
cjfa-63111	126	15	the	the	DET
cjfa-63111	126	16	role	role	NOUN
cjfa-63111	126	17	of	of	ADP
cjfa-63111	126	18	larger	large	ADJ
cjfa-63111	126	19	firms	firm	NOUN
cjfa-63111	126	20	in	in	ADP
cjfa-63111	126	21	meeting	meet	VERB
cjfa-63111	126	22	stakeholder	stakeholder	NOUN
cjfa-63111	126	23	expectations	expectation	NOUN
cjfa-63111	126	24	.	.	PUNCT
cjfa-63111	127	1	the	the	DET
cjfa-63111	127	2	market	market	NOUN
cjfa-63111	127	3	-	-	PUNCT
cjfa-63111	127	4	to	to	ADP
cjfa-63111	127	5	-	-	PUNCT
cjfa-63111	127	6	book	book	NOUN
cjfa-63111	127	7	ratio	ratio	NOUN
cjfa-63111	127	8	(	(	PUNCT
cjfa-63111	127	9	mbv	mbv	PROPN
cjfa-63111	127	10	)	)	PUNCT
cjfa-63111	127	11	shows	show	VERB
cjfa-63111	127	12	a	a	DET
cjfa-63111	127	13	significant	significant	ADJ
cjfa-63111	127	14	negative	negative	ADJ
cjfa-63111	127	15	correlation	correlation	NOUN
cjfa-63111	127	16	with	with	ADP
cjfa-63111	127	17	cld	cld	NOUN
cjfa-63111	127	18	(	(	PUNCT
cjfa-63111	127	19	-0.171	-0.171	NOUN
cjfa-63111	127	20	*	*	PUNCT
cjfa-63111	127	21	*	*	PUNCT
cjfa-63111	127	22	*	*	PUNCT
cjfa-63111	127	23	)	)	PUNCT
cjfa-63111	127	24	,	,	PUNCT
cjfa-63111	127	25	suggesting	suggest	VERB
cjfa-63111	127	26	that	that	SCONJ
cjfa-63111	127	27	growth	growth	NOUN
cjfa-63111	127	28	-	-	PUNCT
cjfa-63111	127	29	oriented	orient	VERB
cjfa-63111	127	30	firms	firm	NOUN
cjfa-63111	127	31	may	may	AUX
cjfa-63111	127	32	limit	limit	VERB
cjfa-63111	127	33	risk	risk	NOUN
cjfa-63111	127	34	disclosures	disclosure	NOUN
cjfa-63111	127	35	.	.	PUNCT
cjfa-63111	128	1	regression	regression	NOUN
cjfa-63111	128	2	analysisregression	analysisregression	NOUN
cjfa-63111	128	3	analysis	analysis	NOUN
cjfa-63111	128	4	table	table	NOUN
cjfa-63111	128	5	3	3	NUM
cjfa-63111	128	6	.	.	PUNCT
cjfa-63111	129	1	regression	regression	NOUN
cjfa-63111	129	2	results	result	NOUN
cjfa-63111	129	3	for	for	ADP
cjfa-63111	129	4	the	the	DET
cjfa-63111	129	5	impact	impact	NOUN
cjfa-63111	129	6	of	of	ADP
cjfa-63111	129	7	institutional	institutional	ADJ
cjfa-63111	129	8	ownership	ownership	NOUN
cjfa-63111	129	9	on	on	ADP
cjfa-63111	129	10	contingent	contingent	ADJ
cjfa-63111	129	11	liabilities	liability	NOUN
cjfa-63111	129	12	disclosure	disclosure	NOUN
cjfa-63111	129	13	particulars	particular	VERB
cjfa-63111	129	14	standard	standard	ADJ
cjfa-63111	129	15	error	error	NOUN
cjfa-63111	129	16	t	t	NOUN
cjfa-63111	129	17	-	-	PUNCT
cjfa-63111	129	18	statistic	statistic	NOUN
cjfa-63111	129	19	prob	prob	NOUN
cjfa-63111	129	20	prob	prob	PROPN
cjfa-63111	129	21	constant	constant	ADJ
cjfa-63111	129	22	0.5800	0.5800	NUM
cjfa-63111	129	23	0.0127	0.0127	NUM
cjfa-63111	129	24	0.0000	0.0000	NUM
cjfa-63111	129	25	0.7211	0.7211	NUM
cjfa-63111	129	26	inst	inst	NOUN
cjfa-63111	129	27	0.0384	0.0384	NUM
cjfa-63111	129	28	0.0140	0.0140	NUM
cjfa-63111	129	29	2.7366	2.7366	NUM
cjfa-63111	129	30	0.0062	0.0062	NUM
cjfa-63111	129	31	size	size	NOUN
cjfa-63111	129	32	0.2397	0.2397	NUM
cjfa-63111	129	33	0.0151	0.0151	NUM
cjfa-63111	129	34	15.9095	15.9095	NUM
cjfa-63111	129	35	0.0000	0.0000	NUM
cjfa-63111	129	36	mbv	mbv	PROPN
cjfa-63111	129	37	-0.1434	-0.1434	NOUN
cjfa-63111	129	38	0.0135	0.0135	NUM
cjfa-63111	129	39	-10.6074	-10.6074	SYM
cjfa-63111	129	40	0.0000	0.0000	NUM
cjfa-63111	129	41	debt	debt	NOUN
cjfa-63111	129	42	ratio	ratio	NOUN
cjfa-63111	129	43	0.0105	0.0105	NUM
cjfa-63111	129	44	0.0128	0.0128	NUM
cjfa-63111	129	45	0.8258	0.8258	NUM
cjfa-63111	129	46	0.4090	0.4090	NUM
cjfa-63111	129	47	bridging	bridging	NOUN
cjfa-63111	129	48	disclosure	disclosure	NOUN
cjfa-63111	129	49	gaps	gap	NOUN
cjfa-63111	129	50	:	:	PUNCT
cjfa-63111	129	51	the	the	DET
cjfa-63111	129	52	role	role	NOUN
cjfa-63111	129	53	of	of	ADP
cjfa-63111	129	54	institutional	institutional	ADJ
cjfa-63111	129	55	investors	investor	NOUN
cjfa-63111	129	56	…	…	PUNCT
cjfa-63111	129	57	8181	8181	NUM
cjfa-63111	129	58	particulars	particular	VERB
cjfa-63111	129	59	standard	standard	ADJ
cjfa-63111	129	60	error	error	NOUN
cjfa-63111	129	61	t	t	NOUN
cjfa-63111	129	62	-	-	PUNCT
cjfa-63111	129	63	statistic	statistic	NOUN
cjfa-63111	129	64	prob	prob	NOUN
cjfa-63111	129	65	prob	prob	NOUN
cjfa-63111	129	66	sector_basic	sector_basic	ADJ
cjfa-63111	129	67	materials	material	NOUN
cjfa-63111	129	68	0.0742	0.0742	NUM
cjfa-63111	129	69	0.0103	0.0103	NUM
cjfa-63111	129	70	7.1959	7.1959	NUM
cjfa-63111	129	71	0.0000	0.0000	NUM
cjfa-63111	129	72	sector_consumer	sector_consumer	NOUN
cjfa-63111	129	73	cyclicals	cyclical	NOUN
cjfa-63111	129	74	0.0039	0.0039	NUM
cjfa-63111	129	75	0.0107	0.0107	NUM
cjfa-63111	130	1	0.3669	0.3669	NUM
cjfa-63111	130	2	0.7137	0.7137	NUM
cjfa-63111	130	3	sector_consumer	sector_consumer	NUM
cjfa-63111	130	4	non	non	NOUN
cjfa-63111	130	5	-	-	NOUN
cjfa-63111	130	6	cyclicals	cyclical	NOUN
cjfa-63111	130	7	0.0639	0.0639	NUM
cjfa-63111	130	8	0.0121	0.0121	NUM
cjfa-63111	130	9	5.2943	5.2943	NUM
cjfa-63111	130	10	0.0000	0.0000	NUM
cjfa-63111	130	11	sector_energy	sector_energy	NOUN
cjfa-63111	130	12	0.0124	0.0124	NUM
cjfa-63111	130	13	0.0125	0.0125	NUM
cjfa-63111	130	14	0.9937	0.9937	NUM
cjfa-63111	130	15	0.3204	0.3204	NUM
cjfa-63111	130	16	sector_financials	sector_financial	NOUN
cjfa-63111	130	17	-0.1562	-0.1562	VERB
cjfa-63111	130	18	0.0120	0.0120	NUM
cjfa-63111	130	19	-13.0443	-13.0443	SYM
cjfa-63111	130	20	0.0000	0.0000	NUM
cjfa-63111	130	21	sector_healthcare	sector_healthcare	NOUN
cjfa-63111	130	22	0.0610	0.0610	NUM
cjfa-63111	130	23	0.0115	0.0115	NUM
cjfa-63111	130	24	5.3129	5.3129	NUM
cjfa-63111	130	25	0.0000	0.0000	NUM
cjfa-63111	130	26	sector_industrials	sector_industrial	NOUN
cjfa-63111	130	27	0.0437	0.0437	NUM
cjfa-63111	130	28	0.0107	0.0107	NUM
cjfa-63111	130	29	4.0955	4.0955	NUM
cjfa-63111	130	30	0.0000	0.0000	NUM
cjfa-63111	130	31	sector_real	sector_real	ADJ
cjfa-63111	130	32	estate	estate	NOUN
cjfa-63111	130	33	-0.0564	-0.0564	NOUN
cjfa-63111	130	34	0.0124	0.0124	NUM
cjfa-63111	130	35	-4.5625	-4.5625	NOUN
cjfa-63111	130	36	0.0000	0.0000	NUM
cjfa-63111	130	37	sector_technology	sector_technology	PROPN
cjfa-63111	130	38	-0.0954	-0.0954	NOUN
cjfa-63111	130	39	0.0116	0.0116	NUM
cjfa-63111	130	40	-8.2137	-8.2137	NOUN
cjfa-63111	130	41	0.0000	0.0000	NUM
cjfa-63111	130	42	sector_utilities	sector_utilitie	NOUN
cjfa-63111	130	43	-0.0595	-0.0595	NOUN
cjfa-63111	130	44	0.0125	0.0125	NUM
cjfa-63111	130	45	-4.7675	-4.7675	NOUN
cjfa-63111	131	1	0.0000	0.0000	NUM
cjfa-63111	131	2	r	r	NOUN
cjfa-63111	131	3	-	-	PUNCT
cjfa-63111	131	4	squared	square	VERB
cjfa-63111	131	5	0.122	0.122	NUM
cjfa-63111	131	6	f	f	X
cjfa-63111	131	7	-	-	PUNCT
cjfa-63111	131	8	statistic	statistic	NOUN
cjfa-63111	131	9	54.378	54.378	NUM
cjfa-63111	131	10	adjusted	adjusted	ADJ
cjfa-63111	131	11	r	r	NOUN
cjfa-63111	131	12	-	-	PUNCT
cjfa-63111	131	13	squared	square	VERB
cjfa-63111	131	14	0.120	0.120	NUM
cjfa-63111	131	15	prob	prob	NOUN
cjfa-63111	131	16	(	(	PUNCT
cjfa-63111	131	17	f	f	X
cjfa-63111	131	18	-	-	PUNCT
cjfa-63111	131	19	statistic	statistic	NOUN
cjfa-63111	131	20	)	)	PUNCT
cjfa-63111	131	21	0.000	0.000	NUM
cjfa-63111	131	22	s	s	PART
cjfa-63111	131	23	o	o	X
cjfa-63111	131	24	u	u	NOUN
cjfa-63111	131	25	r	r	NOUN
cjfa-63111	131	26	c	c	NOUN
cjfa-63111	131	27	e	e	NOUN
cjfa-63111	131	28	:	:	PUNCT
cjfa-63111	131	29	author	author	PROPN
cjfa-63111	131	30	’s	’s	PART
cjfa-63111	131	31	calculations	calculation	NOUN
cjfa-63111	131	32	.	.	PUNCT
cjfa-63111	132	1	the	the	DET
cjfa-63111	132	2	regression	regression	NOUN
cjfa-63111	132	3	results	result	NOUN
cjfa-63111	132	4	indicate	indicate	VERB
cjfa-63111	132	5	that	that	SCONJ
cjfa-63111	132	6	institutional	institutional	ADJ
cjfa-63111	132	7	ownership	ownership	NOUN
cjfa-63111	132	8	(	(	PUNCT
cjfa-63111	132	9	inst	inst	NOUN
cjfa-63111	132	10	)	)	PUNCT
cjfa-63111	132	11	positively	positively	ADV
cjfa-63111	132	12	and	and	CCONJ
cjfa-63111	132	13	statistically	statistically	ADV
cjfa-63111	132	14	significantly	significantly	ADV
cjfa-63111	132	15	influences	influence	VERB
cjfa-63111	132	16	contingent	contingent	ADJ
cjfa-63111	132	17	liabilities	liability	NOUN
cjfa-63111	132	18	disclosure	disclosure	NOUN
cjfa-63111	132	19	(	(	PUNCT
cjfa-63111	132	20	cld	cld	NOUN
cjfa-63111	132	21	)	)	PUNCT
cjfa-63111	132	22	.	.	PUNCT
cjfa-63111	133	1	this	this	DET
cjfa-63111	133	2	finding	finding	NOUN
cjfa-63111	133	3	aligns	align	VERB
cjfa-63111	133	4	closely	closely	ADV
cjfa-63111	133	5	with	with	ADP
cjfa-63111	133	6	agency	agency	NOUN
cjfa-63111	133	7	theory	theory	NOUN
cjfa-63111	133	8	(	(	PUNCT
cjfa-63111	133	9	jensen	jensen	PROPN
cjfa-63111	133	10	&	&	CCONJ
cjfa-63111	133	11	meckling	meckling	PROPN
cjfa-63111	133	12	,	,	PUNCT
cjfa-63111	133	13	1976	1976	NUM
cjfa-63111	133	14	;	;	PUNCT
cjfa-63111	133	15	shleifer	shleifer	PROPN
cjfa-63111	133	16	&	&	CCONJ
cjfa-63111	133	17	vishny	vishny	PROPN
cjfa-63111	133	18	,	,	PUNCT
cjfa-63111	133	19	1997	1997	NUM
cjfa-63111	133	20	)	)	PUNCT
cjfa-63111	133	21	,	,	PUNCT
cjfa-63111	133	22	which	which	PRON
cjfa-63111	133	23	suggests	suggest	VERB
cjfa-63111	133	24	that	that	SCONJ
cjfa-63111	133	25	well	well	ADV
cjfa-63111	133	26	-	-	PUNCT
cjfa-63111	133	27	informed	inform	VERB
cjfa-63111	133	28	,	,	PUNCT
cjfa-63111	133	29	economically	economically	ADV
cjfa-63111	133	30	motivated	motivated	ADJ
cjfa-63111	133	31	institutional	institutional	ADJ
cjfa-63111	133	32	owners	owner	NOUN
cjfa-63111	133	33	reduce	reduce	VERB
cjfa-63111	133	34	managerial	managerial	ADJ
cjfa-63111	133	35	discretion	discretion	NOUN
cjfa-63111	133	36	and	and	CCONJ
cjfa-63111	133	37	information	information	NOUN
cjfa-63111	133	38	asymmetry	asymmetry	NOUN
cjfa-63111	133	39	,	,	PUNCT
cjfa-63111	133	40	thereby	thereby	ADV
cjfa-63111	133	41	enhancing	enhance	VERB
cjfa-63111	133	42	transparency	transparency	NOUN
cjfa-63111	133	43	.	.	PUNCT
cjfa-63111	134	1	furthermore	furthermore	ADV
cjfa-63111	134	2	,	,	PUNCT
cjfa-63111	134	3	stakeholder	stakeholder	NOUN
cjfa-63111	134	4	theory	theory	NOUN
cjfa-63111	134	5	(	(	PUNCT
cjfa-63111	134	6	donaldson	donaldson	PROPN
cjfa-63111	134	7	&	&	CCONJ
cjfa-63111	134	8	preston	preston	PROPN
cjfa-63111	134	9	,	,	PUNCT
cjfa-63111	134	10	1995	1995	NUM
cjfa-63111	134	11	;	;	PUNCT
cjfa-63111	134	12	freeman	freeman	PROPN
cjfa-63111	134	13	et	et	PROPN
cjfa-63111	134	14	al	al	PROPN
cjfa-63111	134	15	.	.	PROPN
cjfa-63111	134	16	,	,	PUNCT
cjfa-63111	134	17	2004	2004	NUM
cjfa-63111	134	18	)	)	PUNCT
cjfa-63111	134	19	supports	support	VERB
cjfa-63111	134	20	this	this	DET
cjfa-63111	134	21	result	result	NOUN
cjfa-63111	134	22	,	,	PUNCT
cjfa-63111	134	23	as	as	SCONJ
cjfa-63111	134	24	institutional	institutional	ADJ
cjfa-63111	134	25	investors	investor	NOUN
cjfa-63111	134	26	–	–	PUNCT
cjfa-63111	134	27	key	key	ADJ
cjfa-63111	134	28	stakeholders	stakeholder	NOUN
cjfa-63111	134	29	–	–	PUNCT
cjfa-63111	134	30	actively	actively	ADV
cjfa-63111	134	31	encourage	encourage	VERB
cjfa-63111	134	32	firms	firm	NOUN
cjfa-63111	134	33	to	to	PART
cjfa-63111	134	34	disclose	disclose	VERB
cjfa-63111	134	35	potential	potential	ADJ
cjfa-63111	134	36	risks	risk	NOUN
cjfa-63111	134	37	,	,	PUNCT
cjfa-63111	134	38	strengthening	strengthen	VERB
cjfa-63111	134	39	legitimacy	legitimacy	NOUN
cjfa-63111	134	40	and	and	CCONJ
cjfa-63111	134	41	trust	trust	NOUN
cjfa-63111	134	42	.	.	PUNCT
cjfa-63111	135	1	likewise	likewise	ADV
cjfa-63111	135	2	,	,	PUNCT
cjfa-63111	135	3	resource	resource	NOUN
cjfa-63111	135	4	dependence	dependence	NOUN
cjfa-63111	135	5	theory	theory	NOUN
cjfa-63111	135	6	(	(	PUNCT
cjfa-63111	135	7	pfeffer	pfeffer	PROPN
cjfa-63111	135	8	,	,	PUNCT
cjfa-63111	135	9	1972	1972	NUM
cjfa-63111	135	10	;	;	PUNCT
cjfa-63111	135	11	hillman	hillman	PROPN
cjfa-63111	135	12	&	&	CCONJ
cjfa-63111	135	13	dalziel	dalziel	PROPN
cjfa-63111	135	14	,	,	PUNCT
cjfa-63111	135	15	2003	2003	NUM
cjfa-63111	135	16	)	)	PUNCT
cjfa-63111	135	17	posits	posit	NOUN
cjfa-63111	135	18	that	that	PRON
cjfa-63111	135	19	firms	firm	NOUN
cjfa-63111	135	20	reliant	reliant	ADJ
cjfa-63111	135	21	on	on	ADP
cjfa-63111	135	22	external	external	ADJ
cjfa-63111	135	23	capital	capital	NOUN
cjfa-63111	135	24	must	must	AUX
cjfa-63111	135	25	meet	meet	VERB
cjfa-63111	135	26	institutional	institutional	ADJ
cjfa-63111	135	27	owners	owner	NOUN
cjfa-63111	135	28	’	'	PUNCT
cjfa-63111	135	29	expectations	expectation	NOUN
cjfa-63111	135	30	for	for	ADP
cjfa-63111	135	31	more	more	ADV
cjfa-63111	135	32	comprehensive	comprehensive	ADJ
cjfa-63111	135	33	reporting	reporting	NOUN
cjfa-63111	135	34	to	to	PART
cjfa-63111	135	35	secure	secure	VERB
cjfa-63111	135	36	stable	stable	ADJ
cjfa-63111	135	37	resource	resource	NOUN
cjfa-63111	135	38	flows	flow	NOUN
cjfa-63111	135	39	.	.	PUNCT
cjfa-63111	136	1	these	these	DET
cjfa-63111	136	2	results	result	NOUN
cjfa-63111	136	3	support	support	VERB
cjfa-63111	136	4	recent	recent	ADJ
cjfa-63111	136	5	empirical	empirical	ADJ
cjfa-63111	136	6	evidence	evidence	NOUN
cjfa-63111	136	7	.	.	PUNCT
cjfa-63111	137	1	for	for	ADP
cjfa-63111	137	2	example	example	NOUN
cjfa-63111	137	3	,	,	PUNCT
cjfa-63111	137	4	borochin	borochin	PROPN
cjfa-63111	137	5	et	et	PROPN
cjfa-63111	137	6	al	al	PROPN
cjfa-63111	137	7	.	.	PROPN
cjfa-63111	138	1	(	(	PUNCT
cjfa-63111	138	2	2024	2024	NUM
cjfa-63111	138	3	)	)	PUNCT
cjfa-63111	138	4	show	show	VERB
cjfa-63111	138	5	that	that	SCONJ
cjfa-63111	138	6	long	long	ADJ
cjfa-63111	138	7	-	-	PUNCT
cjfa-63111	138	8	horizon	horizon	NOUN
cjfa-63111	138	9	institutional	institutional	ADJ
cjfa-63111	138	10	investors	investor	NOUN
cjfa-63111	138	11	improve	improve	VERB
cjfa-63111	138	12	market	market	NOUN
cjfa-63111	138	13	efficiency	efficiency	NOUN
cjfa-63111	138	14	by	by	ADP
cjfa-63111	138	15	promoting	promote	VERB
cjfa-63111	138	16	clearer	clear	ADJ
cjfa-63111	138	17	disclosures	disclosure	NOUN
cjfa-63111	138	18	in	in	ADP
cjfa-63111	138	19	complex	complex	ADJ
cjfa-63111	138	20	legal	legal	ADJ
cjfa-63111	138	21	contexts	contexts	NOUN
cjfa-63111	138	22	.	.	PUNCT
cjfa-63111	139	1	similarly	similarly	ADV
cjfa-63111	139	2	,	,	PUNCT
cjfa-63111	139	3	table	table	NOUN
cjfa-63111	139	4	3	3	NUM
cjfa-63111	139	5	.	.	PUNCT
cjfa-63111	139	6	regression	regression	NOUN
cjfa-63111	139	7	…	…	PUNCT
cjfa-63111	139	8	srikanth	srikanth	PROPN
cjfa-63111	139	9	potharla8282	potharla8282	PROPN
cjfa-63111	139	10	lin	lin	PROPN
cjfa-63111	139	11	,	,	PUNCT
cjfa-63111	139	12	mao	mao	PROPN
cjfa-63111	139	13	&	&	CCONJ
cjfa-63111	139	14	wang	wang	PROPN
cjfa-63111	139	15	(	(	PUNCT
cjfa-63111	139	16	2018	2018	NUM
cjfa-63111	139	17	)	)	PUNCT
cjfa-63111	139	18	find	find	VERB
cjfa-63111	139	19	that	that	SCONJ
cjfa-63111	139	20	institutional	institutional	ADJ
cjfa-63111	139	21	ownership	ownership	NOUN
cjfa-63111	139	22	heightens	heighten	VERB
cjfa-63111	139	23	peer	peer	NOUN
cjfa-63111	139	24	pressure	pressure	NOUN
cjfa-63111	139	25	to	to	PART
cjfa-63111	139	26	increase	increase	VERB
cjfa-63111	139	27	voluntary	voluntary	ADJ
cjfa-63111	139	28	disclosures	disclosure	NOUN
cjfa-63111	139	29	,	,	PUNCT
cjfa-63111	139	30	while	while	SCONJ
cjfa-63111	139	31	gross	gross	ADJ
cjfa-63111	139	32	(	(	PUNCT
cjfa-63111	139	33	2022	2022	NUM
cjfa-63111	139	34	)	)	PUNCT
cjfa-63111	139	35	and	and	CCONJ
cjfa-63111	139	36	alshirah	alshirah	PROPN
cjfa-63111	139	37	and	and	CCONJ
cjfa-63111	139	38	alshira’h	alshira’h	PROPN
cjfa-63111	139	39	(	(	PUNCT
cjfa-63111	139	40	2024	2024	NUM
cjfa-63111	139	41	)	)	PUNCT
cjfa-63111	139	42	demonstrate	demonstrate	VERB
cjfa-63111	139	43	that	that	SCONJ
cjfa-63111	139	44	institutional	institutional	ADJ
cjfa-63111	139	45	influence	influence	NOUN
cjfa-63111	139	46	leads	lead	VERB
cjfa-63111	139	47	to	to	ADP
cjfa-63111	139	48	more	more	ADV
cjfa-63111	139	49	rigorous	rigorous	ADJ
cjfa-63111	139	50	reporting	reporting	NOUN
cjfa-63111	139	51	,	,	PUNCT
cjfa-63111	139	52	even	even	ADV
cjfa-63111	139	53	in	in	ADP
cjfa-63111	139	54	riskier	risky	ADJ
cjfa-63111	139	55	or	or	CCONJ
cjfa-63111	139	56	emerging	emerge	VERB
cjfa-63111	139	57	market	market	NOUN
cjfa-63111	139	58	settings	setting	NOUN
cjfa-63111	139	59	.	.	PUNCT
cjfa-63111	140	1	these	these	DET
cjfa-63111	140	2	studies	study	NOUN
cjfa-63111	140	3	corroborate	corroborate	VERB
cjfa-63111	140	4	our	our	PRON
cjfa-63111	140	5	findings	finding	NOUN
cjfa-63111	140	6	,	,	PUNCT
cjfa-63111	140	7	indicating	indicate	VERB
cjfa-63111	140	8	that	that	SCONJ
cjfa-63111	140	9	institutional	institutional	ADJ
cjfa-63111	140	10	ownership	ownership	NOUN
cjfa-63111	140	11	fosters	foster	VERB
cjfa-63111	140	12	more	more	ADV
cjfa-63111	140	13	robust	robust	ADJ
cjfa-63111	140	14	governance	governance	NOUN
cjfa-63111	140	15	and	and	CCONJ
cjfa-63111	140	16	transparency	transparency	NOUN
cjfa-63111	140	17	around	around	ADP
cjfa-63111	140	18	uncertain	uncertain	ADJ
cjfa-63111	140	19	obligations	obligation	NOUN
cjfa-63111	140	20	.	.	PUNCT
cjfa-63111	141	1	regarding	regard	VERB
cjfa-63111	141	2	control	control	NOUN
cjfa-63111	141	3	variables	variable	NOUN
cjfa-63111	141	4	,	,	PUNCT
cjfa-63111	141	5	firm	firm	ADJ
cjfa-63111	141	6	size	size	NOUN
cjfa-63111	141	7	significantly	significantly	ADV
cjfa-63111	141	8	and	and	CCONJ
cjfa-63111	141	9	positively	positively	ADV
cjfa-63111	141	10	correlates	correlate	VERB
cjfa-63111	141	11	with	with	ADP
cjfa-63111	141	12	cld	cld	NOUN
cjfa-63111	141	13	,	,	PUNCT
cjfa-63111	141	14	suggesting	suggest	VERB
cjfa-63111	141	15	larger	large	ADJ
cjfa-63111	141	16	firms	firm	NOUN
cjfa-63111	141	17	feel	feel	VERB
cjfa-63111	141	18	compelled	compel	VERB
cjfa-63111	141	19	to	to	PART
cjfa-63111	141	20	align	align	VERB
cjfa-63111	141	21	with	with	ADP
cjfa-63111	141	22	diverse	diverse	ADJ
cjfa-63111	141	23	stakeholder	stakeholder	NOUN
cjfa-63111	141	24	demands	demand	NOUN
cjfa-63111	141	25	and	and	CCONJ
cjfa-63111	141	26	regulatory	regulatory	ADJ
cjfa-63111	141	27	scrutiny	scrutiny	NOUN
cjfa-63111	141	28	,	,	PUNCT
cjfa-63111	141	29	consistent	consistent	ADJ
cjfa-63111	141	30	with	with	ADP
cjfa-63111	141	31	stakeholder	stakeholder	NOUN
cjfa-63111	141	32	and	and	CCONJ
cjfa-63111	141	33	resource	resource	NOUN
cjfa-63111	141	34	dependence	dependence	NOUN
cjfa-63111	141	35	arguments	argument	NOUN
cjfa-63111	141	36	(	(	PUNCT
cjfa-63111	141	37	mitchell	mitchell	PROPN
cjfa-63111	141	38	,	,	PUNCT
cjfa-63111	141	39	agle	agle	PROPN
cjfa-63111	141	40	&	&	CCONJ
cjfa-63111	141	41	wood	wood	PROPN
cjfa-63111	141	42	,	,	PUNCT
cjfa-63111	141	43	1997	1997	NUM
cjfa-63111	141	44	;	;	PUNCT
cjfa-63111	141	45	hillman	hillman	PROPN
cjfa-63111	141	46	et	et	PROPN
cjfa-63111	141	47	al	al	PROPN
cjfa-63111	141	48	.	.	PROPN
cjfa-63111	141	49	,	,	PUNCT
cjfa-63111	141	50	2009	2009	NUM
cjfa-63111	141	51	)	)	PUNCT
cjfa-63111	141	52	.	.	PUNCT
cjfa-63111	142	1	the	the	DET
cjfa-63111	142	2	negative	negative	ADJ
cjfa-63111	142	3	coefficient	coefficient	NOUN
cjfa-63111	142	4	on	on	ADP
cjfa-63111	142	5	the	the	DET
cjfa-63111	142	6	market	market	NOUN
cjfa-63111	142	7	-	-	PUNCT
cjfa-63111	142	8	to	to	ADP
cjfa-63111	142	9	-	-	PUNCT
cjfa-63111	142	10	book	book	NOUN
cjfa-63111	142	11	ratio	ratio	NOUN
cjfa-63111	142	12	(	(	PUNCT
cjfa-63111	142	13	mbv	mbv	PROPN
cjfa-63111	142	14	)	)	PUNCT
cjfa-63111	142	15	indicates	indicate	VERB
cjfa-63111	142	16	that	that	SCONJ
cjfa-63111	142	17	growth	growth	NOUN
cjfa-63111	142	18	-	-	PUNCT
cjfa-63111	142	19	oriented	orient	VERB
cjfa-63111	142	20	or	or	CCONJ
cjfa-63111	142	21	intangible	intangible	ADJ
cjfa-63111	142	22	-	-	PUNCT
cjfa-63111	142	23	intensive	intensive	ADJ
cjfa-63111	142	24	firms	firm	NOUN
cjfa-63111	142	25	may	may	AUX
cjfa-63111	142	26	be	be	AUX
cjfa-63111	142	27	more	more	ADV
cjfa-63111	142	28	cautious	cautious	ADJ
cjfa-63111	142	29	in	in	ADP
cjfa-63111	142	30	revealing	reveal	VERB
cjfa-63111	142	31	potential	potential	ADJ
cjfa-63111	142	32	liabilities	liability	NOUN
cjfa-63111	142	33	,	,	PUNCT
cjfa-63111	142	34	possibly	possibly	ADV
cjfa-63111	142	35	reflecting	reflect	VERB
cjfa-63111	142	36	strategic	strategic	ADJ
cjfa-63111	142	37	concerns	concern	NOUN
cjfa-63111	142	38	about	about	ADP
cjfa-63111	142	39	reputational	reputational	ADJ
cjfa-63111	142	40	damage	damage	NOUN
cjfa-63111	142	41	or	or	CCONJ
cjfa-63111	142	42	competitive	competitive	ADJ
cjfa-63111	142	43	disadvantage	disadvantage	NOUN
cjfa-63111	142	44	(	(	PUNCT
cjfa-63111	142	45	nagata	nagata	PROPN
cjfa-63111	142	46	&	&	CCONJ
cjfa-63111	142	47	nguyen	nguyen	PROPN
cjfa-63111	142	48	,	,	PUNCT
cjfa-63111	142	49	2017	2017	NUM
cjfa-63111	142	50	;	;	PUNCT
cjfa-63111	142	51	dyreng	dyreng	PROPN
cjfa-63111	142	52	et	et	PROPN
cjfa-63111	142	53	al	al	PROPN
cjfa-63111	142	54	.	.	PROPN
cjfa-63111	142	55	,	,	PUNCT
cjfa-63111	142	56	2019	2019	NUM
cjfa-63111	142	57	)	)	PUNCT
cjfa-63111	142	58	.	.	PUNCT
cjfa-63111	143	1	the	the	DET
cjfa-63111	143	2	debt	debt	NOUN
cjfa-63111	143	3	ratio	ratio	NOUN
cjfa-63111	143	4	does	do	AUX
cjfa-63111	143	5	not	not	PART
cjfa-63111	143	6	show	show	VERB
cjfa-63111	143	7	significance	significance	NOUN
cjfa-63111	143	8	,	,	PUNCT
cjfa-63111	143	9	implying	imply	VERB
cjfa-63111	143	10	that	that	SCONJ
cjfa-63111	143	11	leverage	leverage	NOUN
cjfa-63111	143	12	alone	alone	ADV
cjfa-63111	143	13	may	may	AUX
cjfa-63111	143	14	not	not	PART
cjfa-63111	143	15	determine	determine	VERB
cjfa-63111	143	16	disclosure	disclosure	NOUN
cjfa-63111	143	17	behavior	behavior	NOUN
cjfa-63111	143	18	.	.	PUNCT
cjfa-63111	144	1	the	the	DET
cjfa-63111	144	2	present	present	ADJ
cjfa-63111	144	3	study	study	NOUN
cjfa-63111	144	4	’s	’s	PART
cjfa-63111	144	5	findings	finding	NOUN
cjfa-63111	144	6	complement	complement	VERB
cjfa-63111	144	7	prior	prior	ADJ
cjfa-63111	144	8	research	research	NOUN
cjfa-63111	144	9	highlighting	highlight	VERB
cjfa-63111	144	10	that	that	SCONJ
cjfa-63111	144	11	investor	investor	NOUN
cjfa-63111	144	12	composition	composition	NOUN
cjfa-63111	144	13	,	,	PUNCT
cjfa-63111	144	14	rather	rather	ADV
cjfa-63111	144	15	than	than	ADP
cjfa-63111	144	16	just	just	ADV
cjfa-63111	144	17	financial	financial	ADJ
cjfa-63111	144	18	structure	structure	NOUN
cjfa-63111	144	19	,	,	PUNCT
cjfa-63111	144	20	is	be	AUX
cjfa-63111	144	21	pivotal	pivotal	ADJ
cjfa-63111	144	22	in	in	ADP
cjfa-63111	144	23	shaping	shape	VERB
cjfa-63111	144	24	reporting	report	VERB
cjfa-63111	144	25	quality	quality	NOUN
cjfa-63111	144	26	(	(	PUNCT
cjfa-63111	144	27	hsu	hsu	PROPN
cjfa-63111	144	28	et	et	PROPN
cjfa-63111	144	29	al	al	PROPN
cjfa-63111	144	30	.	.	PROPN
cjfa-63111	144	31	,	,	PUNCT
cjfa-63111	144	32	2016	2016	NUM
cjfa-63111	144	33	;	;	PUNCT
cjfa-63111	144	34	khlif	khlif	PROPN
cjfa-63111	144	35	et	et	PROPN
cjfa-63111	144	36	al	al	PROPN
cjfa-63111	144	37	.	.	PROPN
cjfa-63111	144	38	,	,	PUNCT
cjfa-63111	144	39	2016	2016	NUM
cjfa-63111	144	40	)	)	PUNCT
cjfa-63111	144	41	.	.	PUNCT
cjfa-63111	145	1	sectoral	sectoral	ADJ
cjfa-63111	145	2	differences	difference	NOUN
cjfa-63111	145	3	further	far	ADV
cjfa-63111	145	4	refine	refine	VERB
cjfa-63111	145	5	our	our	PRON
cjfa-63111	145	6	understanding	understanding	NOUN
cjfa-63111	145	7	of	of	ADP
cjfa-63111	145	8	disclosure	disclosure	NOUN
cjfa-63111	145	9	motives	motive	NOUN
cjfa-63111	145	10	.	.	PUNCT
cjfa-63111	146	1	industries	industry	NOUN
cjfa-63111	146	2	such	such	ADJ
cjfa-63111	146	3	as	as	ADP
cjfa-63111	146	4	basic	basic	ADJ
cjfa-63111	146	5	materials	material	NOUN
cjfa-63111	146	6	,	,	PUNCT
cjfa-63111	146	7	consumer	consumer	NOUN
cjfa-63111	146	8	non	non	NOUN
cjfa-63111	146	9	-	-	NOUN
cjfa-63111	146	10	cyclicals	cyclical	NOUN
cjfa-63111	146	11	,	,	PUNCT
cjfa-63111	146	12	healthcare	healthcare	NOUN
cjfa-63111	146	13	,	,	PUNCT
cjfa-63111	146	14	and	and	CCONJ
cjfa-63111	146	15	industrial	industrial	ADJ
cjfa-63111	146	16	sectors	sector	NOUN
cjfa-63111	146	17	positively	positively	ADV
cjfa-63111	146	18	associate	associate	VERB
cjfa-63111	146	19	with	with	ADP
cjfa-63111	146	20	cld	cld	NOUN
cjfa-63111	146	21	,	,	PUNCT
cjfa-63111	146	22	potentially	potentially	ADV
cjfa-63111	146	23	reflecting	reflect	VERB
cjfa-63111	146	24	stricter	strict	ADJ
cjfa-63111	146	25	compliance	compliance	NOUN
cjfa-63111	146	26	environments	environment	NOUN
cjfa-63111	146	27	or	or	CCONJ
cjfa-63111	146	28	greater	great	ADJ
cjfa-63111	146	29	stakeholder	stakeholder	NOUN
cjfa-63111	146	30	scrutiny	scrutiny	NOUN
cjfa-63111	146	31	.	.	PUNCT
cjfa-63111	147	1	by	by	ADP
cjfa-63111	147	2	contrast	contrast	NOUN
cjfa-63111	147	3	,	,	PUNCT
cjfa-63111	147	4	sectors	sector	NOUN
cjfa-63111	147	5	like	like	ADP
cjfa-63111	147	6	financials	financial	NOUN
cjfa-63111	147	7	,	,	PUNCT
cjfa-63111	147	8	real	real	ADJ
cjfa-63111	147	9	estate	estate	NOUN
cjfa-63111	147	10	,	,	PUNCT
cjfa-63111	147	11	utilities	utility	NOUN
cjfa-63111	147	12	,	,	PUNCT
cjfa-63111	147	13	and	and	CCONJ
cjfa-63111	147	14	technology	technology	NOUN
cjfa-63111	147	15	show	show	VERB
cjfa-63111	147	16	negative	negative	ADJ
cjfa-63111	147	17	associations	association	NOUN
cjfa-63111	147	18	,	,	PUNCT
cjfa-63111	147	19	suggesting	suggest	VERB
cjfa-63111	147	20	unique	unique	ADJ
cjfa-63111	147	21	industry	industry	NOUN
cjfa-63111	147	22	norms	norm	NOUN
cjfa-63111	147	23	or	or	CCONJ
cjfa-63111	147	24	competitive	competitive	ADJ
cjfa-63111	147	25	pressures	pressure	NOUN
cjfa-63111	147	26	that	that	PRON
cjfa-63111	147	27	may	may	AUX
cjfa-63111	147	28	constrain	constrain	VERB
cjfa-63111	147	29	transparency	transparency	NOUN
cjfa-63111	147	30	.	.	PUNCT
cjfa-63111	148	1	these	these	DET
cjfa-63111	148	2	cross	cross	ADJ
cjfa-63111	148	3	-	-	ADJ
cjfa-63111	148	4	sectoral	sectoral	ADJ
cjfa-63111	148	5	patterns	pattern	NOUN
cjfa-63111	148	6	align	align	VERB
cjfa-63111	148	7	with	with	ADP
cjfa-63111	148	8	the	the	DET
cjfa-63111	148	9	literature	literature	NOUN
cjfa-63111	148	10	highlighting	highlight	VERB
cjfa-63111	148	11	that	that	SCONJ
cjfa-63111	148	12	industry	industry	NOUN
cjfa-63111	148	13	context	context	NOUN
cjfa-63111	148	14	drives	drive	VERB
cjfa-63111	148	15	the	the	DET
cjfa-63111	148	16	impetus	impetus	NOUN
cjfa-63111	148	17	for	for	ADP
cjfa-63111	148	18	disclosure	disclosure	NOUN
cjfa-63111	148	19	(	(	PUNCT
cjfa-63111	148	20	zhou	zhou	PROPN
cjfa-63111	148	21	&	&	CCONJ
cjfa-63111	148	22	wang	wang	PROPN
cjfa-63111	148	23	,	,	PUNCT
cjfa-63111	148	24	2013	2013	NUM
cjfa-63111	148	25	;	;	PUNCT
cjfa-63111	148	26	liu	liu	PROPN
cjfa-63111	148	27	&	&	CCONJ
cjfa-63111	148	28	sun	sun	PROPN
cjfa-63111	148	29	,	,	PUNCT
cjfa-63111	148	30	2010	2010	NUM
cjfa-63111	148	31	)	)	PUNCT
cjfa-63111	148	32	.	.	PUNCT
cjfa-63111	149	1	the	the	DET
cjfa-63111	149	2	evidence	evidence	NOUN
cjfa-63111	149	3	strongly	strongly	ADV
cjfa-63111	149	4	supports	support	VERB
cjfa-63111	149	5	the	the	DET
cjfa-63111	149	6	theoretical	theoretical	ADJ
cjfa-63111	149	7	premise	premise	NOUN
cjfa-63111	149	8	that	that	SCONJ
cjfa-63111	149	9	institutional	institutional	ADJ
cjfa-63111	149	10	ownership	ownership	NOUN
cjfa-63111	149	11	enhances	enhance	VERB
cjfa-63111	149	12	contingent	contingent	ADJ
cjfa-63111	149	13	liabilities	liability	NOUN
cjfa-63111	149	14	disclosure	disclosure	NOUN
cjfa-63111	149	15	,	,	PUNCT
cjfa-63111	149	16	thereby	thereby	ADV
cjfa-63111	149	17	reducing	reduce	VERB
cjfa-63111	149	18	agency	agency	NOUN
cjfa-63111	149	19	problems	problem	NOUN
cjfa-63111	149	20	,	,	PUNCT
cjfa-63111	149	21	meeting	meet	VERB
cjfa-63111	149	22	stakeholder	stakeholder	NOUN
cjfa-63111	149	23	expectations	expectation	NOUN
cjfa-63111	149	24	,	,	PUNCT
cjfa-63111	149	25	and	and	CCONJ
cjfa-63111	149	26	accommodating	accommodate	VERB
cjfa-63111	149	27	resource	resource	NOUN
cjfa-63111	149	28	dependencies	dependency	NOUN
cjfa-63111	149	29	.	.	PUNCT
cjfa-63111	150	1	the	the	DET
cjfa-63111	150	2	association	association	NOUN
cjfa-63111	150	3	between	between	ADP
cjfa-63111	150	4	institutional	institutional	ADJ
cjfa-63111	150	5	pressures	pressure	NOUN
cjfa-63111	150	6	,	,	PUNCT
cjfa-63111	150	7	firm	firm	ADJ
cjfa-63111	150	8	characteristics	characteristic	NOUN
cjfa-63111	150	9	,	,	PUNCT
cjfa-63111	150	10	and	and	CCONJ
cjfa-63111	150	11	sectoral	sectoral	ADJ
cjfa-63111	150	12	contexts	contexts	NOUN
cjfa-63111	150	13	provides	provide	VERB
cjfa-63111	150	14	a	a	DET
cjfa-63111	150	15	richer	rich	ADJ
cjfa-63111	150	16	,	,	PUNCT
cjfa-63111	150	17	more	more	ADV
cjfa-63111	150	18	insightful	insightful	ADJ
cjfa-63111	150	19	understanding	understanding	NOUN
cjfa-63111	150	20	of	of	ADP
cjfa-63111	150	21	the	the	DET
cjfa-63111	150	22	determinants	determinant	NOUN
cjfa-63111	150	23	of	of	ADP
cjfa-63111	150	24	disclosure	disclosure	NOUN
cjfa-63111	150	25	quality	quality	NOUN
cjfa-63111	150	26	in	in	ADP
cjfa-63111	150	27	contemporary	contemporary	ADJ
cjfa-63111	150	28	markets	market	NOUN
cjfa-63111	150	29	.	.	PUNCT
cjfa-63111	151	1	bridging	bridge	VERB
cjfa-63111	151	2	disclosure	disclosure	NOUN
cjfa-63111	151	3	gaps	gap	NOUN
cjfa-63111	151	4	:	:	PUNCT
cjfa-63111	151	5	the	the	DET
cjfa-63111	151	6	role	role	NOUN
cjfa-63111	151	7	of	of	ADP
cjfa-63111	151	8	institutional	institutional	ADJ
cjfa-63111	151	9	investors	investor	NOUN
cjfa-63111	151	10	…	…	PUNCT
cjfa-63111	151	11	8383	8383	NUM
cjfa-63111	151	12	table	table	NOUN
cjfa-63111	151	13	4	4	NUM
cjfa-63111	151	14	.	.	PUNCT
cjfa-63111	152	1	impact	impact	NOUN
cjfa-63111	152	2	of	of	ADP
cjfa-63111	152	3	domestic	domestic	ADJ
cjfa-63111	152	4	and	and	CCONJ
cjfa-63111	152	5	foreign	foreign	ADJ
cjfa-63111	152	6	institutional	institutional	ADJ
cjfa-63111	152	7	ownership	ownership	NOUN
cjfa-63111	152	8	on	on	ADP
cjfa-63111	152	9	contingent	contingent	ADJ
cjfa-63111	152	10	liabilities	liability	NOUN
cjfa-63111	152	11	disclosure	disclosure	NOUN
cjfa-63111	152	12	particulars	particular	NOUN
cjfa-63111	152	13	coefficient	coefficient	VERB
cjfa-63111	152	14	standard	standard	ADJ
cjfa-63111	152	15	error	error	NOUN
cjfa-63111	152	16	t	t	NOUN
cjfa-63111	152	17	-	-	PUNCT
cjfa-63111	152	18	statistic	statistic	NOUN
cjfa-63111	152	19	prob	prob	NOUN
cjfa-63111	152	20	constant	constant	VERB
cjfa-63111	152	21	1.7425	1.7425	NUM
cjfa-63111	152	22	0.0131	0.0131	NUM
cjfa-63111	152	23	0.0000	0.0000	NUM
cjfa-63111	152	24	1.0000	1.0000	NUM
cjfa-63111	152	25	dii	dii	NOUN
cjfa-63111	152	26	0.0263	0.0263	NUM
cjfa-63111	152	27	0.0141	0.0141	NUM
cjfa-63111	152	28	1.8676	1.8676	NUM
cjfa-63111	152	29	0.0619	0.0619	NUM
cjfa-63111	152	30	fii	fii	PROPN
cjfa-63111	152	31	0.0830	0.0830	NUM
cjfa-63111	152	32	0.0148	0.0148	NUM
cjfa-63111	152	33	5.6115	5.6115	NUM
cjfa-63111	152	34	0.0000	0.0000	NUM
cjfa-63111	152	35	size	size	NOUN
cjfa-63111	152	36	0.1214	0.1214	NUM
cjfa-63111	152	37	0.0163	0.0163	NUM
cjfa-63111	152	38	7.4379	7.4379	NUM
cjfa-63111	152	39	0.0000	0.0000	NUM
cjfa-63111	152	40	mbv	mbv	NOUN
cjfa-63111	152	41	-0.2445	-0.2445	NOUN
cjfa-63111	152	42	0.0157	0.0157	NUM
cjfa-63111	152	43	-15.5292	-15.5292	SYM
cjfa-63111	152	44	0.0000	0.0000	NUM
cjfa-63111	152	45	debt	debt	NOUN
cjfa-63111	152	46	ratio	ratio	NOUN
cjfa-63111	152	47	0.0266	0.0266	NUM
cjfa-63111	152	48	0.0132	0.0132	NUM
cjfa-63111	152	49	2.0138	2.0138	NUM
cjfa-63111	152	50	0.0441	0.0441	NUM
cjfa-63111	152	51	sector_basic	sector_basic	ADJ
cjfa-63111	152	52	materials	material	NOUN
cjfa-63111	152	53	0.0727	0.0727	NUM
cjfa-63111	152	54	0.0108	0.0108	NUM
cjfa-63111	152	55	6.7019	6.7019	NUM
cjfa-63111	152	56	0.0000	0.0000	NUM
cjfa-63111	152	57	sector_consumer	sector_consumer	NOUN
cjfa-63111	152	58	cyclicals	cyclical	NOUN
cjfa-63111	152	59	-0.0106	-0.0106	VERB
cjfa-63111	153	1	0.0112	0.0112	NUM
cjfa-63111	153	2	-0.9482	-0.9482	NUM
cjfa-63111	153	3	0.3431	0.3431	NUM
cjfa-63111	153	4	sector_consumer	sector_consumer	ADJ
cjfa-63111	153	5	non	non	NOUN
cjfa-63111	153	6	-	-	NOUN
cjfa-63111	153	7	cyclicals	cyclical	NOUN
cjfa-63111	153	8	0.0720	0.0720	NUM
cjfa-63111	153	9	0.0126	0.0126	NUM
cjfa-63111	153	10	5.7324	5.7324	NUM
cjfa-63111	153	11	0.0000	0.0000	NUM
cjfa-63111	153	12	sector_energy	sector_energy	NOUN
cjfa-63111	153	13	0.0444	0.0444	NUM
cjfa-63111	153	14	0.0128	0.0128	NUM
cjfa-63111	153	15	3.4736	3.4736	NUM
cjfa-63111	153	16	0.0005	0.0005	NUM
cjfa-63111	153	17	sector_financials	sector_financials	PROPN
cjfa-63111	153	18	-0.1392	-0.1392	PROPN
cjfa-63111	153	19	0.0125	0.0125	NUM
cjfa-63111	153	20	-11.1789	-11.1789	PUNCT
cjfa-63111	153	21	0.0000	0.0000	NUM
cjfa-63111	153	22	sector_healthcare	sector_healthcare	NOUN
cjfa-63111	153	23	0.0376	0.0376	NUM
cjfa-63111	153	24	0.0119	0.0119	NUM
cjfa-63111	153	25	3.1693	3.1693	NUM
cjfa-63111	153	26	0.0015	0.0015	NUM
cjfa-63111	153	27	sector_industrials	sector_industrial	NOUN
cjfa-63111	153	28	0.0429	0.0429	NUM
cjfa-63111	153	29	0.0111	0.0111	NUM
cjfa-63111	153	30	3.8529	3.8529	NUM
cjfa-63111	153	31	0.0001	0.0001	NUM
cjfa-63111	153	32	sector_real	sector_real	ADJ
cjfa-63111	153	33	estate	estate	NOUN
cjfa-63111	153	34	-0.0670	-0.0670	NOUN
cjfa-63111	153	35	0.0130	0.0130	NUM
cjfa-63111	153	36	-5.1589	-5.1589	NOUN
cjfa-63111	153	37	0.0000	0.0000	NUM
cjfa-63111	153	38	sector_technology	sector_technology	PROPN
cjfa-63111	153	39	-0.1031	-0.1031	NOUN
cjfa-63111	154	1	0.0121	0.0121	NUM
cjfa-63111	154	2	-8.5129	-8.5129	NOUN
cjfa-63111	154	3	0.0000	0.0000	NUM
cjfa-63111	154	4	sector_utilities	sector_utilitie	NOUN
cjfa-63111	154	5	-0.0359	-0.0359	VERB
cjfa-63111	154	6	0.0129	0.0129	NUM
cjfa-63111	154	7	-2.7886	-2.7886	PUNCT
cjfa-63111	155	1	0.0053	0.0053	NUM
cjfa-63111	155	2	r	r	NOUN
cjfa-63111	155	3	-	-	PUNCT
cjfa-63111	155	4	squared	square	VERB
cjfa-63111	155	5	0.104	0.104	PRON
cjfa-63111	155	6	f	f	X
cjfa-63111	155	7	-	-	PUNCT
cjfa-63111	155	8	statistic	statistic	NOUN
cjfa-63111	155	9	40.101	40.101	NUM
cjfa-63111	155	10	adjusted	adjust	VERB
cjfa-63111	155	11	r	r	NOUN
cjfa-63111	155	12	-	-	PUNCT
cjfa-63111	155	13	squared	square	VERB
cjfa-63111	155	14	0.101	0.101	NUM
cjfa-63111	155	15	prob	prob	NOUN
cjfa-63111	155	16	(	(	PUNCT
cjfa-63111	155	17	f	f	NOUN
cjfa-63111	155	18	-	-	PUNCT
cjfa-63111	155	19	statistic	statistic	NOUN
cjfa-63111	155	20	)	)	PUNCT
cjfa-63111	155	21	0.000	0.000	NUM
cjfa-63111	156	1	s	s	PART
cjfa-63111	156	2	o	o	X
cjfa-63111	156	3	u	u	NOUN
cjfa-63111	156	4	r	r	NOUN
cjfa-63111	156	5	c	c	NOUN
cjfa-63111	156	6	e	e	NOUN
cjfa-63111	156	7	:	:	PUNCT
cjfa-63111	156	8	author	author	PROPN
cjfa-63111	156	9	’s	’s	PART
cjfa-63111	156	10	calculations	calculation	NOUN
cjfa-63111	156	11	.	.	PUNCT
cjfa-63111	157	1	the	the	DET
cjfa-63111	157	2	results	result	NOUN
cjfa-63111	157	3	shown	show	VERB
cjfa-63111	157	4	in	in	ADP
cjfa-63111	157	5	table	table	NOUN
cjfa-63111	157	6	4	4	NUM
cjfa-63111	157	7	reveal	reveal	VERB
cjfa-63111	157	8	that	that	SCONJ
cjfa-63111	157	9	foreign	foreign	ADJ
cjfa-63111	157	10	institutional	institutional	ADJ
cjfa-63111	157	11	investors	investor	NOUN
cjfa-63111	157	12	(	(	PUNCT
cjfa-63111	157	13	fii	fii	PROPN
cjfa-63111	157	14	)	)	PUNCT
cjfa-63111	157	15	exert	exert	VERB
cjfa-63111	157	16	a	a	DET
cjfa-63111	157	17	stronger	strong	ADJ
cjfa-63111	157	18	positive	positive	ADJ
cjfa-63111	157	19	influence	influence	NOUN
cjfa-63111	157	20	on	on	ADP
cjfa-63111	157	21	contingent	contingent	ADJ
cjfa-63111	157	22	liabilities	liability	NOUN
cjfa-63111	157	23	disclosure	disclosure	NOUN
cjfa-63111	157	24	(	(	PUNCT
cjfa-63111	157	25	cld	cld	NOUN
cjfa-63111	157	26	)	)	PUNCT
cjfa-63111	157	27	compared	compare	VERB
cjfa-63111	157	28	to	to	ADP
cjfa-63111	157	29	domestic	domestic	ADJ
cjfa-63111	157	30	institutional	institutional	ADJ
cjfa-63111	157	31	investors	investor	NOUN
cjfa-63111	157	32	(	(	PUNCT
cjfa-63111	157	33	dii	dii	NOUN
cjfa-63111	157	34	)	)	PUNCT
cjfa-63111	157	35	.	.	PUNCT
cjfa-63111	158	1	while	while	SCONJ
cjfa-63111	158	2	dii	dii	NOUN
cjfa-63111	158	3	also	also	ADV
cjfa-63111	158	4	promotes	promote	VERB
cjfa-63111	158	5	greater	great	ADJ
cjfa-63111	158	6	transparency	transparency	NOUN
cjfa-63111	158	7	,	,	PUNCT
cjfa-63111	158	8	its	its	PRON
cjfa-63111	158	9	impact	impact	NOUN
cjfa-63111	158	10	is	be	AUX
cjfa-63111	158	11	comparatively	comparatively	ADV
cjfa-63111	158	12	low	low	ADJ
cjfa-63111	158	13	.	.	PUNCT
cjfa-63111	159	1	this	this	DET
cjfa-63111	159	2	contrast	contrast	NOUN
cjfa-63111	159	3	affirms	affirm	VERB
cjfa-63111	159	4	agency	agency	NOUN
cjfa-63111	159	5	theory	theory	NOUN
cjfa-63111	159	6	’s	’s	PART
cjfa-63111	159	7	premise	premise	NOUN
cjfa-63111	159	8	(	(	PUNCT
cjfa-63111	159	9	jensen	jensen	PROPN
cjfa-63111	159	10	&	&	CCONJ
cjfa-63111	159	11	meckling	meckling	PROPN
cjfa-63111	159	12	,	,	PUNCT
cjfa-63111	159	13	1976	1976	NUM
cjfa-63111	159	14	;	;	PUNCT
cjfa-63111	159	15	fama	fama	NOUN
cjfa-63111	159	16	,	,	PUNCT
cjfa-63111	159	17	1980	1980	NUM
cjfa-63111	159	18	;	;	PUNCT
cjfa-63111	159	19	shleifer	shleifer	PROPN
cjfa-63111	159	20	&	&	CCONJ
cjfa-63111	159	21	vishny	vishny	PROPN
cjfa-63111	159	22	,	,	PUNCT
cjfa-63111	159	23	1997	1997	NUM
cjfa-63111	159	24	)	)	PUNCT
cjfa-63111	159	25	that	that	PRON
cjfa-63111	159	26	vigilant	vigilant	ADJ
cjfa-63111	159	27	,	,	PUNCT
cjfa-63111	159	28	economically	economically	ADV
cjfa-63111	159	29	motivated	motivated	ADJ
cjfa-63111	159	30	owners	owner	NOUN
cjfa-63111	159	31	reduce	reduce	VERB
cjfa-63111	159	32	managerial	managerial	ADJ
cjfa-63111	159	33	discretion	discretion	NOUN
cjfa-63111	159	34	and	and	CCONJ
cjfa-63111	159	35	aligns	align	VERB
cjfa-63111	159	36	with	with	ADP
cjfa-63111	159	37	stakeholder	stakeholder	NOUN
cjfa-63111	159	38	theory	theory	NOUN
cjfa-63111	159	39	(	(	PUNCT
cjfa-63111	159	40	donaldson	donaldson	PROPN
cjfa-63111	159	41	&	&	CCONJ
cjfa-63111	159	42	preston	preston	PROPN
cjfa-63111	159	43	,	,	PUNCT
cjfa-63111	159	44	1995	1995	NUM
cjfa-63111	159	45	;	;	PUNCT
cjfa-63111	159	46	mitchell	mitchell	PROPN
cjfa-63111	159	47	srikanth	srikanth	PROPN
cjfa-63111	159	48	potharla8484	potharla8484	PROPN
cjfa-63111	159	49	et	et	PROPN
cjfa-63111	159	50	al	al	PROPN
cjfa-63111	159	51	.	.	PROPN
cjfa-63111	159	52	,	,	PUNCT
cjfa-63111	159	53	1997	1997	NUM
cjfa-63111	159	54	)	)	PUNCT
cjfa-63111	159	55	by	by	ADP
cjfa-63111	159	56	showing	show	VERB
cjfa-63111	159	57	that	that	SCONJ
cjfa-63111	159	58	more	more	ADV
cjfa-63111	159	59	sophisticated	sophisticated	ADJ
cjfa-63111	159	60	foreign	foreign	ADJ
cjfa-63111	159	61	investors	investor	NOUN
cjfa-63111	159	62	demand	demand	VERB
cjfa-63111	159	63	enhanced	enhance	VERB
cjfa-63111	159	64	disclosure	disclosure	NOUN
cjfa-63111	159	65	to	to	PART
cjfa-63111	159	66	satisfy	satisfy	VERB
cjfa-63111	159	67	broader	broad	ADJ
cjfa-63111	159	68	stakeholder	stakeholder	NOUN
cjfa-63111	159	69	interests	interest	NOUN
cjfa-63111	159	70	.	.	PUNCT
cjfa-63111	160	1	moreover	moreover	ADV
cjfa-63111	160	2	,	,	PUNCT
cjfa-63111	160	3	resource	resource	NOUN
cjfa-63111	160	4	dependence	dependence	NOUN
cjfa-63111	160	5	theory	theory	NOUN
cjfa-63111	160	6	(	(	PUNCT
cjfa-63111	160	7	pfeffer	pfeffer	PROPN
cjfa-63111	160	8	,	,	PUNCT
cjfa-63111	160	9	1972	1972	NUM
cjfa-63111	160	10	;	;	PUNCT
cjfa-63111	160	11	hillman	hillman	PROPN
cjfa-63111	160	12	&	&	CCONJ
cjfa-63111	160	13	dalziel	dalziel	PROPN
cjfa-63111	160	14	,	,	PUNCT
cjfa-63111	160	15	2003	2003	NUM
cjfa-63111	160	16	;	;	PUNCT
cjfa-63111	160	17	hillman	hillman	PROPN
cjfa-63111	160	18	et	et	PROPN
cjfa-63111	160	19	al	al	PROPN
cjfa-63111	160	20	.	.	PROPN
cjfa-63111	160	21	,	,	PUNCT
cjfa-63111	160	22	2009	2009	NUM
cjfa-63111	160	23	)	)	PUNCT
cjfa-63111	160	24	suggests	suggest	VERB
cjfa-63111	160	25	that	that	SCONJ
cjfa-63111	160	26	firms	firm	NOUN
cjfa-63111	160	27	reliant	reliant	ADJ
cjfa-63111	160	28	on	on	ADP
cjfa-63111	160	29	foreign	foreign	ADJ
cjfa-63111	160	30	capital	capital	NOUN
cjfa-63111	160	31	improve	improve	VERB
cjfa-63111	160	32	cld	cld	NOUN
cjfa-63111	160	33	to	to	PART
cjfa-63111	160	34	maintain	maintain	VERB
cjfa-63111	160	35	stable	stable	ADJ
cjfa-63111	160	36	resource	resource	NOUN
cjfa-63111	160	37	inflows	inflow	NOUN
cjfa-63111	160	38	.	.	PUNCT
cjfa-63111	161	1	recent	recent	ADJ
cjfa-63111	161	2	empirical	empirical	ADJ
cjfa-63111	161	3	studies	study	NOUN
cjfa-63111	161	4	support	support	VERB
cjfa-63111	161	5	these	these	DET
cjfa-63111	161	6	findings	finding	NOUN
cjfa-63111	161	7	.	.	PUNCT
cjfa-63111	162	1	borochin	borochin	PROPN
cjfa-63111	162	2	et	et	PROPN
cjfa-63111	162	3	al	al	PROPN
cjfa-63111	162	4	.	.	PROPN
cjfa-63111	163	1	(	(	PUNCT
cjfa-63111	163	2	2024	2024	NUM
cjfa-63111	163	3	)	)	PUNCT
cjfa-63111	163	4	showed	show	VERB
cjfa-63111	163	5	that	that	SCONJ
cjfa-63111	163	6	long	long	ADJ
cjfa-63111	163	7	-	-	PUNCT
cjfa-63111	163	8	horizon	horizon	NOUN
cjfa-63111	163	9	institutional	institutional	ADJ
cjfa-63111	163	10	investors	investor	NOUN
cjfa-63111	163	11	improve	improve	VERB
cjfa-63111	163	12	market	market	NOUN
cjfa-63111	163	13	efficiency	efficiency	NOUN
cjfa-63111	163	14	through	through	ADP
cjfa-63111	163	15	clearer	clear	ADJ
cjfa-63111	163	16	disclosures	disclosure	NOUN
cjfa-63111	163	17	.	.	PUNCT
cjfa-63111	164	1	additionally	additionally	ADV
cjfa-63111	164	2	,	,	PUNCT
cjfa-63111	164	3	dyreng	dyreng	PROPN
cjfa-63111	164	4	et	et	PROPN
cjfa-63111	164	5	al	al	PROPN
cjfa-63111	164	6	.	.	PROPN
cjfa-63111	165	1	(	(	PUNCT
cjfa-63111	165	2	2019	2019	NUM
cjfa-63111	165	3	)	)	PUNCT
cjfa-63111	165	4	highlight	highlight	VERB
cjfa-63111	165	5	the	the	DET
cjfa-63111	165	6	importance	importance	NOUN
cjfa-63111	165	7	of	of	ADP
cjfa-63111	165	8	investor	investor	NOUN
cjfa-63111	165	9	sophistication	sophistication	NOUN
cjfa-63111	165	10	in	in	ADP
cjfa-63111	165	11	parsing	parse	VERB
cjfa-63111	165	12	complex	complex	ADJ
cjfa-63111	165	13	risks	risk	NOUN
cjfa-63111	165	14	,	,	PUNCT
cjfa-63111	165	15	and	and	CCONJ
cjfa-63111	165	16	alshirah	alshirah	PROPN
cjfa-63111	165	17	and	and	CCONJ
cjfa-63111	165	18	alshirah	alshirah	PROPN
cjfa-63111	165	19	(	(	PUNCT
cjfa-63111	165	20	2024	2024	NUM
cjfa-63111	165	21	)	)	PUNCT
cjfa-63111	165	22	demonstrate	demonstrate	VERB
cjfa-63111	165	23	how	how	SCONJ
cjfa-63111	165	24	ownership	ownership	NOUN
cjfa-63111	165	25	structure	structure	NOUN
cjfa-63111	165	26	influences	influence	VERB
cjfa-63111	165	27	transparency	transparency	NOUN
cjfa-63111	165	28	in	in	ADP
cjfa-63111	165	29	emerging	emerge	VERB
cjfa-63111	165	30	contexts	contexts	NOUN
cjfa-63111	165	31	.	.	PUNCT
cjfa-63111	166	1	the	the	DET
cjfa-63111	166	2	impact	impact	NOUN
cjfa-63111	166	3	of	of	ADP
cjfa-63111	166	4	controlling	control	VERB
cjfa-63111	166	5	variables	variable	NOUN
cjfa-63111	166	6	is	be	AUX
cjfa-63111	166	7	qualitatively	qualitatively	ADV
cjfa-63111	166	8	similar	similar	ADJ
cjfa-63111	166	9	to	to	ADP
cjfa-63111	166	10	that	that	PRON
cjfa-63111	166	11	shown	show	VERB
cjfa-63111	166	12	in	in	ADP
cjfa-63111	166	13	table	table	NOUN
cjfa-63111	166	14	3	3	NUM
cjfa-63111	166	15	.	.	PUNCT
cjfa-63111	166	16	recognizing	recognize	VERB
cjfa-63111	166	17	the	the	DET
cjfa-63111	166	18	heterogeneity	heterogeneity	NOUN
cjfa-63111	166	19	of	of	ADP
cjfa-63111	166	20	institutional	institutional	ADJ
cjfa-63111	166	21	investors	investor	NOUN
cjfa-63111	166	22	enriches	enrich	VERB
cjfa-63111	166	23	our	our	PRON
cjfa-63111	166	24	understanding	understanding	NOUN
cjfa-63111	166	25	of	of	ADP
cjfa-63111	166	26	cld	cld	NOUN
cjfa-63111	166	27	determinants	determinant	NOUN
cjfa-63111	166	28	.	.	PUNCT
cjfa-63111	167	1	foreign	foreign	ADJ
cjfa-63111	167	2	institutional	institutional	ADJ
cjfa-63111	167	3	investors	investor	NOUN
cjfa-63111	167	4	emerge	emerge	VERB
cjfa-63111	167	5	as	as	ADP
cjfa-63111	167	6	a	a	DET
cjfa-63111	167	7	dominant	dominant	ADJ
cjfa-63111	167	8	influencer	influencer	NOUN
cjfa-63111	167	9	.	.	PUNCT
cjfa-63111	168	1	this	this	DET
cjfa-63111	168	2	more	more	ADV
cjfa-63111	168	3	granular	granular	ADJ
cjfa-63111	168	4	view	view	NOUN
cjfa-63111	168	5	reveals	reveal	VERB
cjfa-63111	168	6	that	that	SCONJ
cjfa-63111	168	7	investor	investor	NOUN
cjfa-63111	168	8	composition	composition	NOUN
cjfa-63111	168	9	,	,	PUNCT
cjfa-63111	168	10	firm	firm	ADJ
cjfa-63111	168	11	characteristics	characteristic	NOUN
cjfa-63111	168	12	,	,	PUNCT
cjfa-63111	168	13	and	and	CCONJ
cjfa-63111	168	14	sectoral	sectoral	ADJ
cjfa-63111	168	15	contexts	context	NOUN
cjfa-63111	168	16	jointly	jointly	ADV
cjfa-63111	168	17	shape	shape	VERB
cjfa-63111	168	18	transparency	transparency	NOUN
cjfa-63111	168	19	in	in	ADP
cjfa-63111	168	20	reporting	report	VERB
cjfa-63111	168	21	uncertain	uncertain	ADJ
cjfa-63111	168	22	obligations	obligation	NOUN
cjfa-63111	168	23	.	.	PUNCT
cjfa-63111	168	24	 	 	SPACE
cjfa-63111	169	1	conclusion	conclusion	NOUN
cjfa-63111	169	2	and	and	CCONJ
cjfa-63111	169	3	implications	implication	NOUN
cjfa-63111	169	4	 	 	SPACE
cjfa-63111	169	5	conclusion	conclusion	NOUN
cjfa-63111	169	6	and	and	CCONJ
cjfa-63111	169	7	implications	implication	NOUN
cjfa-63111	169	8	this	this	DET
cjfa-63111	169	9	study	study	NOUN
cjfa-63111	169	10	examines	examine	VERB
cjfa-63111	169	11	the	the	DET
cjfa-63111	169	12	relationship	relationship	NOUN
cjfa-63111	169	13	between	between	ADP
cjfa-63111	169	14	institutional	institutional	ADJ
cjfa-63111	169	15	ownership	ownership	NOUN
cjfa-63111	169	16	and	and	CCONJ
cjfa-63111	169	17	contingent	contingent	ADJ
cjfa-63111	169	18	liabilities	liability	NOUN
cjfa-63111	169	19	disclosure	disclosure	NOUN
cjfa-63111	169	20	(	(	PUNCT
cjfa-63111	169	21	cld	cld	NOUN
cjfa-63111	169	22	)	)	PUNCT
cjfa-63111	169	23	in	in	ADP
cjfa-63111	169	24	india	india	PROPN
cjfa-63111	169	25	,	,	PUNCT
cjfa-63111	169	26	emphasizing	emphasize	VERB
cjfa-63111	169	27	differences	difference	NOUN
cjfa-63111	169	28	between	between	ADP
cjfa-63111	169	29	foreign	foreign	ADJ
cjfa-63111	169	30	institutional	institutional	ADJ
cjfa-63111	169	31	investors	investor	NOUN
cjfa-63111	169	32	(	(	PUNCT
cjfa-63111	169	33	fii	fii	PROPN
cjfa-63111	169	34	)	)	PUNCT
cjfa-63111	169	35	and	and	CCONJ
cjfa-63111	169	36	domestic	domestic	ADJ
cjfa-63111	169	37	institutional	institutional	ADJ
cjfa-63111	169	38	investors	investor	NOUN
cjfa-63111	169	39	(	(	PUNCT
cjfa-63111	169	40	dii	dii	NOUN
cjfa-63111	169	41	)	)	PUNCT
cjfa-63111	169	42	.	.	PUNCT
cjfa-63111	170	1	the	the	DET
cjfa-63111	170	2	results	result	NOUN
cjfa-63111	170	3	confirm	confirm	VERB
cjfa-63111	170	4	that	that	SCONJ
cjfa-63111	170	5	institutional	institutional	ADJ
cjfa-63111	170	6	ownership	ownership	NOUN
cjfa-63111	170	7	significantly	significantly	ADV
cjfa-63111	170	8	enhances	enhance	VERB
cjfa-63111	170	9	cld	cld	NOUN
cjfa-63111	170	10	,	,	PUNCT
cjfa-63111	170	11	with	with	ADP
cjfa-63111	170	12	fii	fii	PROPN
cjfa-63111	170	13	having	have	VERB
cjfa-63111	170	14	a	a	DET
cjfa-63111	170	15	more	more	ADV
cjfa-63111	170	16	pronounced	pronounce	VERB
cjfa-63111	170	17	impact	impact	NOUN
cjfa-63111	170	18	than	than	ADP
cjfa-63111	170	19	dii	dii	NOUN
cjfa-63111	170	20	.	.	PUNCT
cjfa-63111	171	1	these	these	DET
cjfa-63111	171	2	findings	finding	NOUN
cjfa-63111	171	3	underscore	underscore	VERB
cjfa-63111	171	4	institutional	institutional	ADJ
cjfa-63111	171	5	investors	investor	NOUN
cjfa-63111	171	6	’	'	PUNCT
cjfa-63111	171	7	role	role	NOUN
cjfa-63111	171	8	as	as	ADP
cjfa-63111	171	9	key	key	ADJ
cjfa-63111	171	10	drivers	driver	NOUN
cjfa-63111	171	11	of	of	ADP
cjfa-63111	171	12	enhanced	enhanced	ADJ
cjfa-63111	171	13	corporate	corporate	ADJ
cjfa-63111	171	14	transparency	transparency	NOUN
cjfa-63111	171	15	.	.	PUNCT
cjfa-63111	172	1	theoretically	theoretically	ADV
cjfa-63111	172	2	,	,	PUNCT
cjfa-63111	172	3	this	this	DET
cjfa-63111	172	4	research	research	NOUN
cjfa-63111	172	5	contributes	contribute	VERB
cjfa-63111	172	6	to	to	ADP
cjfa-63111	172	7	governance	governance	NOUN
cjfa-63111	172	8	literature	literature	NOUN
cjfa-63111	172	9	by	by	ADP
cjfa-63111	172	10	integrating	integrate	VERB
cjfa-63111	172	11	agency	agency	NOUN
cjfa-63111	172	12	,	,	PUNCT
cjfa-63111	172	13	stakeholder	stakeholder	NOUN
cjfa-63111	172	14	,	,	PUNCT
cjfa-63111	172	15	and	and	CCONJ
cjfa-63111	172	16	resource	resource	NOUN
cjfa-63111	172	17	dependence	dependence	NOUN
cjfa-63111	172	18	theories	theory	NOUN
cjfa-63111	172	19	.	.	PUNCT
cjfa-63111	173	1	it	it	PRON
cjfa-63111	173	2	illustrates	illustrate	VERB
cjfa-63111	173	3	how	how	SCONJ
cjfa-63111	173	4	institutional	institutional	ADJ
cjfa-63111	173	5	investors	investor	NOUN
cjfa-63111	173	6	mitigate	mitigate	VERB
cjfa-63111	173	7	information	information	NOUN
cjfa-63111	173	8	asymmetry	asymmetry	NOUN
cjfa-63111	173	9	,	,	PUNCT
cjfa-63111	173	10	reinforce	reinforce	VERB
cjfa-63111	173	11	accountability	accountability	NOUN
cjfa-63111	173	12	,	,	PUNCT
cjfa-63111	173	13	and	and	CCONJ
cjfa-63111	173	14	shape	shape	VERB
cjfa-63111	173	15	disclosure	disclosure	NOUN
cjfa-63111	173	16	practices	practice	NOUN
cjfa-63111	173	17	through	through	ADP
cjfa-63111	173	18	their	their	PRON
cjfa-63111	173	19	monitoring	monitoring	NOUN
cjfa-63111	173	20	roles	role	NOUN
cjfa-63111	173	21	,	,	PUNCT
cjfa-63111	173	22	stakeholder	stakeholder	NOUN
cjfa-63111	173	23	alignment	alignment	NOUN
cjfa-63111	173	24	,	,	PUNCT
cjfa-63111	173	25	and	and	CCONJ
cjfa-63111	173	26	capital	capital	NOUN
cjfa-63111	173	27	provisioning	provisioning	NOUN
cjfa-63111	173	28	.	.	PUNCT
cjfa-63111	174	1	this	this	DET
cjfa-63111	174	2	integrative	integrative	ADJ
cjfa-63111	174	3	theoretical	theoretical	ADJ
cjfa-63111	174	4	framework	framework	NOUN
cjfa-63111	174	5	offers	offer	VERB
cjfa-63111	174	6	insights	insight	NOUN
cjfa-63111	174	7	into	into	ADP
cjfa-63111	174	8	how	how	SCONJ
cjfa-63111	174	9	investor	investor	NOUN
cjfa-63111	174	10	heterogeneity	heterogeneity	NOUN
cjfa-63111	174	11	influences	influence	VERB
cjfa-63111	174	12	disclosure	disclosure	NOUN
cjfa-63111	174	13	,	,	PUNCT
cjfa-63111	174	14	particularly	particularly	ADV
cjfa-63111	174	15	within	within	ADP
cjfa-63111	174	16	emerging	emerge	VERB
cjfa-63111	174	17	market	market	NOUN
cjfa-63111	174	18	contexts	contexts	NOUN
cjfa-63111	174	19	where	where	SCONJ
cjfa-63111	174	20	governance	governance	NOUN
cjfa-63111	174	21	mechanisms	mechanism	NOUN
cjfa-63111	174	22	continue	continue	VERB
cjfa-63111	174	23	to	to	PART
cjfa-63111	174	24	evolve	evolve	VERB
cjfa-63111	174	25	.	.	PUNCT
cjfa-63111	175	1	from	from	ADP
cjfa-63111	175	2	a	a	DET
cjfa-63111	175	3	practical	practical	ADJ
cjfa-63111	175	4	perspective	perspective	NOUN
cjfa-63111	175	5	,	,	PUNCT
cjfa-63111	175	6	the	the	DET
cjfa-63111	175	7	study	study	NOUN
cjfa-63111	175	8	provides	provide	VERB
cjfa-63111	175	9	valuable	valuable	ADJ
cjfa-63111	175	10	implications	implication	NOUN
cjfa-63111	175	11	for	for	ADP
cjfa-63111	175	12	corporate	corporate	ADJ
cjfa-63111	175	13	managers	manager	NOUN
cjfa-63111	175	14	and	and	CCONJ
cjfa-63111	175	15	policymakers	policymaker	NOUN
cjfa-63111	175	16	.	.	PUNCT
cjfa-63111	176	1	firms	firm	NOUN
cjfa-63111	176	2	can	can	AUX
cjfa-63111	176	3	strengthen	strengthen	VERB
cjfa-63111	176	4	governance	governance	NOUN
cjfa-63111	176	5	,	,	PUNCT
cjfa-63111	176	6	boost	boost	VERB
cjfa-63111	176	7	bridging	bridging	NOUN
cjfa-63111	176	8	disclosure	disclosure	NOUN
cjfa-63111	176	9	gaps	gap	NOUN
cjfa-63111	176	10	:	:	PUNCT
cjfa-63111	176	11	the	the	DET
cjfa-63111	176	12	role	role	NOUN
cjfa-63111	176	13	of	of	ADP
cjfa-63111	176	14	institutional	institutional	ADJ
cjfa-63111	176	15	investors	investor	NOUN
cjfa-63111	176	16	…	…	PUNCT
cjfa-63111	176	17	8585	8585	NUM
cjfa-63111	176	18	investor	investor	NOUN
cjfa-63111	176	19	confidence	confidence	NOUN
cjfa-63111	176	20	,	,	PUNCT
cjfa-63111	176	21	and	and	CCONJ
cjfa-63111	176	22	improve	improve	VERB
cjfa-63111	176	23	access	access	NOUN
cjfa-63111	176	24	to	to	ADP
cjfa-63111	176	25	international	international	ADJ
cjfa-63111	176	26	capital	capital	NOUN
cjfa-63111	176	27	by	by	ADP
cjfa-63111	176	28	aligning	align	VERB
cjfa-63111	176	29	their	their	PRON
cjfa-63111	176	30	cld	cld	NOUN
cjfa-63111	176	31	practices	practice	NOUN
cjfa-63111	176	32	with	with	ADP
cjfa-63111	176	33	institutional	institutional	ADJ
cjfa-63111	176	34	investors	investor	NOUN
cjfa-63111	176	35	’	’	PART
cjfa-63111	176	36	expectations	expectation	NOUN
cjfa-63111	176	37	,	,	PUNCT
cjfa-63111	176	38	especially	especially	ADV
cjfa-63111	176	39	those	those	PRON
cjfa-63111	176	40	of	of	ADP
cjfa-63111	176	41	foreign	foreign	ADJ
cjfa-63111	176	42	investors	investor	NOUN
cjfa-63111	176	43	.	.	PUNCT
cjfa-63111	177	1	regulators	regulator	NOUN
cjfa-63111	177	2	can	can	AUX
cjfa-63111	177	3	leverage	leverage	VERB
cjfa-63111	177	4	these	these	DET
cjfa-63111	177	5	findings	finding	NOUN
cjfa-63111	177	6	to	to	PART
cjfa-63111	177	7	refine	refine	VERB
cjfa-63111	177	8	disclosure	disclosure	NOUN
cjfa-63111	177	9	requirements	requirement	NOUN
cjfa-63111	177	10	,	,	PUNCT
cjfa-63111	177	11	reflecting	reflect	VERB
cjfa-63111	177	12	the	the	DET
cjfa-63111	177	13	growing	grow	VERB
cjfa-63111	177	14	influence	influence	NOUN
cjfa-63111	177	15	of	of	ADP
cjfa-63111	177	16	institutional	institutional	ADJ
cjfa-63111	177	17	ownership	ownership	NOUN
cjfa-63111	177	18	and	and	CCONJ
cjfa-63111	177	19	encouraging	encourage	VERB
cjfa-63111	177	20	more	more	ADJ
cjfa-63111	177	21	holistic	holistic	ADJ
cjfa-63111	177	22	reporting	reporting	NOUN
cjfa-63111	177	23	of	of	ADP
cjfa-63111	177	24	contingent	contingent	ADJ
cjfa-63111	177	25	obligations	obligation	NOUN
cjfa-63111	177	26	.	.	PUNCT
cjfa-63111	178	1	future	future	ADJ
cjfa-63111	178	2	research	research	NOUN
cjfa-63111	178	3	may	may	AUX
cjfa-63111	178	4	further	far	ADV
cjfa-63111	178	5	explore	explore	VERB
cjfa-63111	178	6	the	the	DET
cjfa-63111	178	7	long	long	ADJ
cjfa-63111	178	8	-	-	PUNCT
cjfa-63111	178	9	term	term	NOUN
cjfa-63111	178	10	impacts	impact	NOUN
cjfa-63111	178	11	of	of	ADP
cjfa-63111	178	12	enhanced	enhanced	ADJ
cjfa-63111	178	13	cld	cld	NOUN
cjfa-63111	178	14	on	on	ADP
cjfa-63111	178	15	firm	firm	ADJ
cjfa-63111	178	16	performance	performance	NOUN
cjfa-63111	178	17	,	,	PUNCT
cjfa-63111	178	18	investor	investor	NOUN
cjfa-63111	178	19	behavior	behavior	NOUN
cjfa-63111	178	20	,	,	PUNCT
cjfa-63111	178	21	and	and	CCONJ
cjfa-63111	178	22	systemic	systemic	ADJ
cjfa-63111	178	23	transparency	transparency	NOUN
cjfa-63111	178	24	across	across	ADP
cjfa-63111	178	25	different	different	ADJ
cjfa-63111	178	26	sectors	sector	NOUN
cjfa-63111	178	27	and	and	CCONJ
cjfa-63111	178	28	geographic	geographic	ADJ
cjfa-63111	178	29	contexts	contexts	NOUN
cjfa-63111	178	30	,	,	PUNCT
cjfa-63111	178	31	thus	thus	ADV
cjfa-63111	178	32	deepening	deepen	VERB
cjfa-63111	178	33	the	the	DET
cjfa-63111	178	34	understanding	understanding	NOUN
cjfa-63111	178	35	of	of	ADP
cjfa-63111	178	36	institutional	institutional	ADJ
cjfa-63111	178	37	investors	investor	NOUN
cjfa-63111	178	38	’	'	PUNCT
cjfa-63111	178	39	strategic	strategic	ADJ
cjfa-63111	178	40	role	role	NOUN
cjfa-63111	178	41	in	in	ADP
cjfa-63111	178	42	shaping	shape	VERB
cjfa-63111	178	43	contemporary	contemporary	ADJ
cjfa-63111	178	44	corporate	corporate	ADJ
cjfa-63111	178	45	reporting	reporting	NOUN
cjfa-63111	178	46	practices	practice	NOUN
cjfa-63111	178	47	.	.	PUNCT
cjfa-63111	178	48	 	 	SPACE
cjfa-63111	179	1	references	reference	NOUN
cjfa-63111	179	2	 	 	SPACE
cjfa-63111	179	3	references	reference	NOUN
cjfa-63111	179	4	alshirah	alshirah	NOUN
cjfa-63111	179	5	,	,	PUNCT
cjfa-63111	179	6	m.	m.	NOUN
cjfa-63111	179	7	,	,	PUNCT
cjfa-63111	179	8	&	&	CCONJ
cjfa-63111	179	9	alshira’h	alshira’h	PROPN
cjfa-63111	179	10	,	,	PUNCT
cjfa-63111	179	11	a.	a.	NOUN
cjfa-63111	179	12	(	(	PUNCT
cjfa-63111	179	13	2024	2024	NUM
cjfa-63111	179	14	)	)	PUNCT
cjfa-63111	179	15	.	.	PUNCT
cjfa-63111	180	1	the	the	DET
cjfa-63111	180	2	impact	impact	NOUN
cjfa-63111	180	3	of	of	ADP
cjfa-63111	180	4	corporate	corporate	ADJ
cjfa-63111	180	5	ownership	ownership	NOUN
cjfa-63111	180	6	structure	structure	NOUN
cjfa-63111	180	7	on	on	ADP
cjfa-63111	180	8	corporate	corporate	ADJ
cjfa-63111	180	9	risk	risk	NOUN
cjfa-63111	180	10	disclosure	disclosure	NOUN
cjfa-63111	180	11	:	:	PUNCT
cjfa-63111	180	12	evidence	evidence	NOUN
cjfa-63111	180	13	from	from	ADP
cjfa-63111	180	14	an	an	DET
cjfa-63111	180	15	emerging	emerge	VERB
cjfa-63111	180	16	economy	economy	NOUN
cjfa-63111	180	17	.	.	PUNCT
cjfa-63111	181	1	competitiveness	competitiveness	NOUN
cjfa-63111	181	2	review	review	PROPN
cjfa-63111	181	3	:	:	PUNCT
cjfa-63111	181	4	an	an	DET
cjfa-63111	181	5	international	international	ADJ
cjfa-63111	181	6	business	business	NOUN
cjfa-63111	181	7	journal	journal	NOUN
cjfa-63111	181	8	,	,	PUNCT
cjfa-63111	181	9	34(2	34(2	NUM
cjfa-63111	181	10	)	)	PUNCT
cjfa-63111	181	11	,	,	PUNCT
cjfa-63111	181	12	370–395	370–395	NUM
cjfa-63111	181	13	.	.	PUNCT
cjfa-63111	182	1	https://doi.org/10.1108/	https://doi.org/10.1108/	NOUN
cjfa-63111	182	2	cr-01	cr-01	NOUN
cjfa-63111	182	3	-	-	PUNCT
cjfa-63111	182	4	2023	2023	NUM
cjfa-63111	182	5	-	-	PUNCT
cjfa-63111	182	6	0007	0007	NUM
cjfa-63111	182	7	.	.	PUNCT
cjfa-63111	183	1	baazaoui	baazaoui	PROPN
cjfa-63111	183	2	,	,	PUNCT
cjfa-63111	183	3	h.	h.	PROPN
cjfa-63111	183	4	(	(	PUNCT
cjfa-63111	183	5	2020	2020	NUM
cjfa-63111	183	6	)	)	PUNCT
cjfa-63111	183	7	.	.	PUNCT
cjfa-63111	184	1	for	for	ADP
cjfa-63111	184	2	a	a	DET
cjfa-63111	184	3	new	new	ADJ
cjfa-63111	184	4	method	method	NOUN
cjfa-63111	184	5	of	of	ADP
cjfa-63111	184	6	calculating	calculate	VERB
cjfa-63111	184	7	the	the	DET
cjfa-63111	184	8	disclosure	disclosure	NOUN
cjfa-63111	184	9	index	index	NOUN
cjfa-63111	184	10	.	.	PUNCT
cjfa-63111	185	1	copernican	copernican	PROPN
cjfa-63111	185	2	journal	journal	PROPN
cjfa-63111	185	3	of	of	ADP
cjfa-63111	185	4	finance	finance	PROPN
cjfa-63111	185	5	&	&	CCONJ
cjfa-63111	185	6	accounting	accounting	PROPN
cjfa-63111	185	7	,	,	PUNCT
cjfa-63111	185	8	9(2	9(2	NUM
cjfa-63111	185	9	)	)	PUNCT
cjfa-63111	185	10	,	,	PUNCT
cjfa-63111	185	11	9–24	9–24	PROPN
cjfa-63111	185	12	.	.	PUNCT
cjfa-63111	186	1	https://doi.org/10.12775/cjfa.2020.005	https://doi.org/10.12775/cjfa.2020.005	PROPN
cjfa-63111	186	2	.	.	PUNCT
cjfa-63111	187	1	borochin	borochin	PROPN
cjfa-63111	187	2	,	,	PUNCT
cjfa-63111	187	3	p.	p.	PROPN
cjfa-63111	187	4	,	,	PUNCT
cjfa-63111	187	5	wang	wang	PROPN
cjfa-63111	187	6	,	,	PUNCT
cjfa-63111	187	7	x.	x.	PROPN
cjfa-63111	187	8	,	,	PUNCT
cjfa-63111	187	9	&	&	CCONJ
cjfa-63111	187	10	wei	wei	PROPN
cjfa-63111	187	11	,	,	PUNCT
cjfa-63111	187	12	s.	s.	PROPN
cjfa-63111	187	13	(	(	PUNCT
cjfa-63111	187	14	2024	2024	NUM
cjfa-63111	187	15	)	)	PUNCT
cjfa-63111	187	16	.	.	PUNCT
cjfa-63111	188	1	can	can	AUX
cjfa-63111	188	2	long	long	ADJ
cjfa-63111	188	3	-	-	PUNCT
cjfa-63111	188	4	term	term	NOUN
cjfa-63111	188	5	institutional	institutional	ADJ
cjfa-63111	188	6	owners	owner	NOUN
cjfa-63111	188	7	improve	improve	VERB
cjfa-63111	188	8	market	market	NOUN
cjfa-63111	188	9	efficiency	efficiency	NOUN
cjfa-63111	188	10	in	in	ADP
cjfa-63111	188	11	parsing	parse	VERB
cjfa-63111	188	12	complex	complex	ADJ
cjfa-63111	188	13	legal	legal	ADJ
cjfa-63111	188	14	disputes	dispute	NOUN
cjfa-63111	188	15	?	?	PUNCT
cjfa-63111	189	1	international	international	ADJ
cjfa-63111	189	2	review	review	NOUN
cjfa-63111	189	3	of	of	ADP
cjfa-63111	189	4	economics	economics	PROPN
cjfa-63111	189	5	&	&	CCONJ
cjfa-63111	189	6	finance	finance	PROPN
cjfa-63111	189	7	,	,	PUNCT
cjfa-63111	189	8	96	96	NUM
cjfa-63111	189	9	,	,	PUNCT
cjfa-63111	189	10	103690	103690	NUM
cjfa-63111	189	11	.	.	PUNCT
cjfa-63111	190	1	https://doi.org/10.1016/j.iref.2024.103690	https://doi.org/10.1016/j.iref.2024.103690	PROPN
cjfa-63111	190	2	.	.	PUNCT
cjfa-63111	191	1	donaldson	donaldson	PROPN
cjfa-63111	191	2	,	,	PUNCT
cjfa-63111	191	3	t.	t.	PROPN
cjfa-63111	191	4	,	,	PUNCT
cjfa-63111	191	5	&	&	CCONJ
cjfa-63111	191	6	preston	preston	PROPN
cjfa-63111	191	7	,	,	PUNCT
cjfa-63111	191	8	l.e	l.e	PROPN
cjfa-63111	191	9	.	.	PROPN
cjfa-63111	191	10	(	(	PUNCT
cjfa-63111	191	11	1995	1995	NUM
cjfa-63111	191	12	)	)	PUNCT
cjfa-63111	191	13	.	.	PUNCT
cjfa-63111	192	1	the	the	DET
cjfa-63111	192	2	stakeholder	stakeholder	NOUN
cjfa-63111	192	3	theory	theory	NOUN
cjfa-63111	192	4	of	of	ADP
cjfa-63111	192	5	the	the	DET
cjfa-63111	192	6	corporation	corporation	NOUN
cjfa-63111	192	7	:	:	PUNCT
cjfa-63111	192	8	concepts	concept	NOUN
cjfa-63111	192	9	,	,	PUNCT
cjfa-63111	192	10	evidence	evidence	NOUN
cjfa-63111	192	11	,	,	PUNCT
cjfa-63111	192	12	and	and	CCONJ
cjfa-63111	192	13	implications	implication	NOUN
cjfa-63111	192	14	.	.	PUNCT
cjfa-63111	193	1	academy	academy	PROPN
cjfa-63111	193	2	of	of	ADP
cjfa-63111	193	3	management	management	PROPN
cjfa-63111	193	4	review	review	NOUN
cjfa-63111	193	5	,	,	PUNCT
cjfa-63111	193	6	20(1	20(1	NUM
cjfa-63111	193	7	)	)	PUNCT
cjfa-63111	193	8	,	,	PUNCT
cjfa-63111	193	9	65–91	65–91	NUM
cjfa-63111	193	10	.	.	PUNCT
cjfa-63111	194	1	https://doi.org/10.5465/amr.1995.9503271992	https://doi.org/10.5465/amr.1995.9503271992	PROPN
cjfa-63111	194	2	.	.	PUNCT
cjfa-63111	195	1	dyreng	dyreng	PROPN
cjfa-63111	195	2	,	,	PUNCT
cjfa-63111	195	3	s.d	s.d	PROPN
cjfa-63111	195	4	.	.	PROPN
cjfa-63111	195	5	,	,	PUNCT
cjfa-63111	195	6	hanlon	hanlon	PROPN
cjfa-63111	195	7	,	,	PUNCT
cjfa-63111	195	8	m.	m.	NOUN
cjfa-63111	195	9	,	,	PUNCT
cjfa-63111	195	10	&	&	CCONJ
cjfa-63111	195	11	maydew	maydew	PROPN
cjfa-63111	195	12	,	,	PUNCT
cjfa-63111	195	13	e.l	e.l	PROPN
cjfa-63111	195	14	.	.	PROPN
cjfa-63111	195	15	(	(	PUNCT
cjfa-63111	195	16	2019	2019	NUM
cjfa-63111	195	17	)	)	PUNCT
cjfa-63111	195	18	.	.	PUNCT
cjfa-63111	196	1	when	when	SCONJ
cjfa-63111	196	2	does	do	AUX
cjfa-63111	196	3	tax	tax	NOUN
cjfa-63111	196	4	avoidance	avoidance	NOUN
cjfa-63111	196	5	result	result	NOUN
cjfa-63111	196	6	in	in	ADP
cjfa-63111	196	7	tax	tax	NOUN
cjfa-63111	196	8	uncertainty	uncertainty	NOUN
cjfa-63111	196	9	?	?	PUNCT
cjfa-63111	197	1	the	the	DET
cjfa-63111	197	2	accounting	accounting	NOUN
cjfa-63111	197	3	review	review	NOUN
cjfa-63111	197	4	,	,	PUNCT
cjfa-63111	197	5	94(2	94(2	NOUN
cjfa-63111	197	6	)	)	PUNCT
cjfa-63111	197	7	,	,	PUNCT
cjfa-63111	197	8	179–203	179–203	NUM
cjfa-63111	197	9	.	.	PUNCT
cjfa-63111	198	1	https://doi.org/10.2308/accr52198	https://doi.org/10.2308/accr52198	PROPN
cjfa-63111	198	2	.	.	PUNCT
cjfa-63111	199	1	fama	fama	PROPN
cjfa-63111	199	2	,	,	PUNCT
cjfa-63111	199	3	e.f	e.f	PROPN
cjfa-63111	199	4	.	.	PROPN
cjfa-63111	199	5	(	(	PUNCT
cjfa-63111	199	6	1980	1980	NUM
cjfa-63111	199	7	)	)	PUNCT
cjfa-63111	199	8	.	.	PUNCT
cjfa-63111	200	1	agency	agency	NOUN
cjfa-63111	200	2	problems	problem	NOUN
cjfa-63111	200	3	and	and	CCONJ
cjfa-63111	200	4	the	the	DET
cjfa-63111	200	5	theory	theory	NOUN
cjfa-63111	200	6	of	of	ADP
cjfa-63111	200	7	the	the	DET
cjfa-63111	200	8	firm	firm	NOUN
cjfa-63111	200	9	.	.	PUNCT
cjfa-63111	201	1	journal	journal	NOUN
cjfa-63111	201	2	of	of	ADP
cjfa-63111	201	3	political	political	ADJ
cjfa-63111	201	4	economy	economy	NOUN
cjfa-63111	201	5	,	,	PUNCT
cjfa-63111	201	6	88(2	88(2	NUM
cjfa-63111	201	7	)	)	PUNCT
cjfa-63111	201	8	,	,	PUNCT
cjfa-63111	201	9	288–307	288–307	NUM
cjfa-63111	201	10	.	.	PUNCT
cjfa-63111	202	1	https://doi.org/10.1086/260866	https://doi.org/10.1086/260866	PROPN
cjfa-63111	202	2	.	.	PUNCT
cjfa-63111	203	1	fidiana	fidiana	PROPN
cjfa-63111	203	2	,	,	PUNCT
cjfa-63111	203	3	f.	f.	PROPN
cjfa-63111	203	4	(	(	PUNCT
cjfa-63111	203	5	2024	2024	NUM
cjfa-63111	203	6	)	)	PUNCT
cjfa-63111	203	7	.	.	PUNCT
cjfa-63111	204	1	media	media	NOUN
cjfa-63111	204	2	pressure	pressure	NOUN
cjfa-63111	204	3	and	and	CCONJ
cjfa-63111	204	4	carbon	carbon	NOUN
cjfa-63111	204	5	disclosure	disclosure	NOUN
cjfa-63111	204	6	of	of	ADP
cjfa-63111	204	7	indonesian	indonesian	ADJ
cjfa-63111	204	8	greenest	green	ADJ
cjfa-63111	204	9	firms	firm	NOUN
cjfa-63111	204	10	.	.	PUNCT
cjfa-63111	205	1	copernican	copernican	PROPN
cjfa-63111	205	2	journal	journal	PROPN
cjfa-63111	205	3	of	of	ADP
cjfa-63111	205	4	finance	finance	PROPN
cjfa-63111	205	5	&	&	CCONJ
cjfa-63111	205	6	accounting	accounting	PROPN
cjfa-63111	205	7	,	,	PUNCT
cjfa-63111	205	8	13(1	13(1	NUM
cjfa-63111	205	9	)	)	PUNCT
cjfa-63111	205	10	,	,	PUNCT
cjfa-63111	205	11	9–26	9–26	NOUN
cjfa-63111	205	12	.	.	PUNCT
cjfa-63111	206	1	https://doi.org/10.12775/	https://doi.org/10.12775/	PROPN
cjfa-63111	206	2	cjfa.2024.001	cjfa.2024.001	PROPN
cjfa-63111	206	3	.	.	PUNCT
cjfa-63111	207	1	freeman	freeman	PROPN
cjfa-63111	207	2	,	,	PUNCT
cjfa-63111	207	3	r.e	r.e	PROPN
cjfa-63111	207	4	.	.	PROPN
cjfa-63111	207	5	,	,	PUNCT
cjfa-63111	207	6	wicks	wick	NOUN
cjfa-63111	207	7	,	,	PUNCT
cjfa-63111	207	8	a.c	a.c	PROPN
cjfa-63111	207	9	.	.	PROPN
cjfa-63111	207	10	,	,	PUNCT
cjfa-63111	207	11	&	&	CCONJ
cjfa-63111	207	12	parmar	parmar	PROPN
cjfa-63111	207	13	,	,	PUNCT
cjfa-63111	207	14	b.	b.	PROPN
cjfa-63111	207	15	(	(	PUNCT
cjfa-63111	207	16	2004	2004	NUM
cjfa-63111	207	17	)	)	PUNCT
cjfa-63111	207	18	.	.	PUNCT
cjfa-63111	208	1	stakeholder	stakeholder	NOUN
cjfa-63111	208	2	theory	theory	NOUN
cjfa-63111	208	3	and	and	CCONJ
cjfa-63111	208	4	“	"	PUNCT
cjfa-63111	208	5	the	the	DET
cjfa-63111	208	6	corporate	corporate	ADJ
cjfa-63111	208	7	objective	objective	NOUN
cjfa-63111	208	8	revisited	revisit	VERB
cjfa-63111	208	9	.	.	PUNCT
cjfa-63111	208	10	”	"	PUNCT
cjfa-63111	209	1	organization	organization	NOUN
cjfa-63111	209	2	science	science	NOUN
cjfa-63111	209	3	,	,	PUNCT
cjfa-63111	209	4	15(3	15(3	NUM
cjfa-63111	209	5	)	)	PUNCT
cjfa-63111	209	6	,	,	PUNCT
cjfa-63111	209	7	364–369	364–369	NUM
cjfa-63111	209	8	.	.	PUNCT
cjfa-63111	210	1	https://doi.org/10.1287/	https://doi.org/10.1287/	PROPN
cjfa-63111	210	2	orsc.1040.0066	orsc.1040.0066	PROPN
cjfa-63111	210	3	.	.	PUNCT
cjfa-63111	211	1	gross	gross	PROPN
cjfa-63111	211	2	,	,	PUNCT
cjfa-63111	211	3	a.d	a.d	PROPN
cjfa-63111	211	4	.	.	PROPN
cjfa-63111	211	5	(	(	PUNCT
cjfa-63111	211	6	2022	2022	NUM
cjfa-63111	211	7	)	)	PUNCT
cjfa-63111	211	8	.	.	PUNCT
cjfa-63111	212	1	does	do	AUX
cjfa-63111	212	2	mandatory	mandatory	ADJ
cjfa-63111	212	3	disclosure	disclosure	NOUN
cjfa-63111	212	4	affect	affect	VERB
cjfa-63111	212	5	recognition	recognition	NOUN
cjfa-63111	212	6	of	of	ADP
cjfa-63111	212	7	contingent	contingent	ADJ
cjfa-63111	212	8	liabilities	liability	NOUN
cjfa-63111	212	9	?	?	PUNCT
cjfa-63111	213	1	evidence	evidence	NOUN
cjfa-63111	213	2	from	from	ADP
cjfa-63111	213	3	fin	fin	NOUN
cjfa-63111	213	4	48	48	NUM
cjfa-63111	213	5	.	.	PUNCT
cjfa-63111	214	1	journal	journal	NOUN
cjfa-63111	214	2	of	of	ADP
cjfa-63111	214	3	corporate	corporate	ADJ
cjfa-63111	214	4	accounting	accounting	NOUN
cjfa-63111	214	5	finance	finance	NOUN
cjfa-63111	214	6	,	,	PUNCT
cjfa-63111	214	7	34(1	34(1	NUM
cjfa-63111	214	8	)	)	PUNCT
cjfa-63111	214	9	,	,	PUNCT
cjfa-63111	214	10	51–68	51–68	NUM
cjfa-63111	214	11	.	.	PUNCT
cjfa-63111	214	12	https://doi.org/10.1002/jcaf.22581	https://doi.org/10.1002/jcaf.22581	PROPN
cjfa-63111	214	13	.	.	PUNCT
cjfa-63111	215	1	hillman	hillman	PROPN
cjfa-63111	215	2	,	,	PUNCT
cjfa-63111	215	3	a.j	a.j	PROPN
cjfa-63111	215	4	.	.	PROPN
cjfa-63111	215	5	,	,	PUNCT
cjfa-63111	215	6	&	&	CCONJ
cjfa-63111	215	7	dalziel	dalziel	PROPN
cjfa-63111	215	8	,	,	PUNCT
cjfa-63111	215	9	t.	t.	PROPN
cjfa-63111	215	10	(	(	PUNCT
cjfa-63111	215	11	2003	2003	NUM
cjfa-63111	215	12	)	)	PUNCT
cjfa-63111	215	13	.	.	PUNCT
cjfa-63111	216	1	boards	board	NOUN
cjfa-63111	216	2	of	of	ADP
cjfa-63111	216	3	directors	director	NOUN
cjfa-63111	216	4	and	and	CCONJ
cjfa-63111	216	5	firm	firm	ADJ
cjfa-63111	216	6	performance	performance	NOUN
cjfa-63111	216	7	:	:	PUNCT
cjfa-63111	216	8	integrating	integrate	VERB
cjfa-63111	216	9	agency	agency	NOUN
cjfa-63111	216	10	and	and	CCONJ
cjfa-63111	216	11	resource	resource	NOUN
cjfa-63111	216	12	dependence	dependence	NOUN
cjfa-63111	216	13	perspectives	perspective	NOUN
cjfa-63111	216	14	.	.	PUNCT
cjfa-63111	217	1	academy	academy	PROPN
cjfa-63111	217	2	of	of	ADP
cjfa-63111	217	3	management	management	PROPN
cjfa-63111	217	4	review	review	PROPN
cjfa-63111	217	5	,	,	PUNCT
cjfa-63111	217	6	28(3	28(3	NUM
cjfa-63111	217	7	)	)	PUNCT
cjfa-63111	217	8	,	,	PUNCT
cjfa-63111	217	9	383–396	383–396	NUM
cjfa-63111	217	10	.	.	PUNCT
cjfa-63111	218	1	https://doi.org/10.5465/amr.2003.10196729	https://doi.org/10.5465/amr.2003.10196729	NOUN
cjfa-63111	218	2	.	.	PUNCT
cjfa-63111	219	1	https://doi.org/10.12775/cjfa.2020.005	https://doi.org/10.12775/cjfa.2020.005	VERB
cjfa-63111	219	2	https://doi.org/10.1086/260866	https://doi.org/10.1086/260866	X
cjfa-63111	220	1	https://doi.org/10.12775/cjfa.2024.001	https://doi.org/10.12775/cjfa.2024.001	NOUN
cjfa-63111	220	2	https://doi.org/10.12775/cjfa.2024.001	https://doi.org/10.12775/cjfa.2024.001	NOUN
cjfa-63111	220	3	srikanth	srikanth	NOUN
cjfa-63111	220	4	potharla8686	potharla8686	PROPN
cjfa-63111	220	5	hillman	hillman	PROPN
cjfa-63111	220	6	,	,	PUNCT
cjfa-63111	220	7	a.j	a.j	PROPN
cjfa-63111	220	8	.	.	PROPN
cjfa-63111	220	9	,	,	PUNCT
cjfa-63111	220	10	withers	wither	NOUN
cjfa-63111	220	11	,	,	PUNCT
cjfa-63111	220	12	m.c	m.c	PROPN
cjfa-63111	220	13	.	.	PROPN
cjfa-63111	220	14	,	,	PUNCT
cjfa-63111	220	15	&	&	CCONJ
cjfa-63111	220	16	collins	collins	PROPN
cjfa-63111	220	17	,	,	PUNCT
cjfa-63111	220	18	b.j	b.j	PROPN
cjfa-63111	220	19	.	.	PROPN
cjfa-63111	221	1	(	(	PUNCT
cjfa-63111	221	2	2009	2009	NUM
cjfa-63111	221	3	)	)	PUNCT
cjfa-63111	221	4	.	.	PUNCT
cjfa-63111	222	1	resource	resource	NOUN
cjfa-63111	222	2	dependence	dependence	NOUN
cjfa-63111	222	3	theory	theory	NOUN
cjfa-63111	222	4	:	:	PUNCT
cjfa-63111	222	5	a	a	DET
cjfa-63111	222	6	review	review	NOUN
cjfa-63111	222	7	.	.	PUNCT
cjfa-63111	223	1	journal	journal	PROPN
cjfa-63111	223	2	of	of	ADP
cjfa-63111	223	3	management	management	NOUN
cjfa-63111	223	4	,	,	PUNCT
cjfa-63111	223	5	35(6	35(6	NUM
cjfa-63111	223	6	)	)	PUNCT
cjfa-63111	223	7	,	,	PUNCT
cjfa-63111	223	8	1404–1427	1404–1427	NUM
cjfa-63111	223	9	.	.	PUNCT
cjfa-63111	224	1	https://doi.org/10.1177/	https://doi.org/10.1177/	PROPN
cjfa-63111	224	2	0149206309343469	0149206309343469	NUM
cjfa-63111	224	3	.	.	PUNCT
cjfa-63111	225	1	hsu	hsu	PROPN
cjfa-63111	225	2	,	,	PUNCT
cjfa-63111	225	3	c.-h	c.-h	PROPN
cjfa-63111	225	4	.	.	PUNCT
cjfa-63111	225	5	,	,	PUNCT
cjfa-63111	225	6	lai	lai	PROPN
cjfa-63111	225	7	,	,	PUNCT
cjfa-63111	225	8	s.-c	s.-c	PROPN
cjfa-63111	225	9	.	.	PROPN
cjfa-63111	225	10	,	,	PUNCT
cjfa-63111	225	11	&	&	CCONJ
cjfa-63111	225	12	li	li	PROPN
cjfa-63111	225	13	,	,	PUNCT
cjfa-63111	225	14	h.-c	h.-c	PROPN
cjfa-63111	225	15	.	.	PUNCT
cjfa-63111	226	1	(	(	PUNCT
cjfa-63111	226	2	2016	2016	NUM
cjfa-63111	226	3	)	)	PUNCT
cjfa-63111	226	4	.	.	PUNCT
cjfa-63111	227	1	institutional	institutional	ADJ
cjfa-63111	227	2	ownership	ownership	NOUN
cjfa-63111	227	3	and	and	CCONJ
cjfa-63111	227	4	information	information	NOUN
cjfa-63111	227	5	transparency	transparency	NOUN
cjfa-63111	227	6	:	:	PUNCT
cjfa-63111	227	7	role	role	NOUN
cjfa-63111	227	8	of	of	ADP
cjfa-63111	227	9	technology	technology	NOUN
cjfa-63111	227	10	intensities	intensity	NOUN
cjfa-63111	227	11	and	and	CCONJ
cjfa-63111	227	12	industries	industry	NOUN
cjfa-63111	227	13	.	.	PUNCT
cjfa-63111	228	1	asia	asia	PROPN
cjfa-63111	228	2	pacific	pacific	PROPN
cjfa-63111	228	3	management	management	PROPN
cjfa-63111	228	4	review	review	PROPN
cjfa-63111	228	5	,	,	PUNCT
cjfa-63111	228	6	21(1	21(1	NUM
cjfa-63111	228	7	)	)	PUNCT
cjfa-63111	228	8	,	,	PUNCT
cjfa-63111	228	9	26–37	26–37	NOUN
cjfa-63111	228	10	.	.	PUNCT
cjfa-63111	229	1	https://doi.org/10.1016/j.apmrv.2015.06.001	https://doi.org/10.1016/j.apmrv.2015.06.001	PROPN
cjfa-63111	229	2	.	.	PUNCT
cjfa-63111	230	1	jensen	jensen	PROPN
cjfa-63111	230	2	,	,	PUNCT
cjfa-63111	230	3	m.c	m.c	PROPN
cjfa-63111	230	4	.	.	PROPN
cjfa-63111	230	5	,	,	PUNCT
cjfa-63111	230	6	&	&	CCONJ
cjfa-63111	230	7	meckling	meckling	PROPN
cjfa-63111	230	8	,	,	PUNCT
cjfa-63111	230	9	w.h	w.h	PROPN
cjfa-63111	230	10	.	.	PROPN
cjfa-63111	230	11	(	(	PUNCT
cjfa-63111	230	12	1976	1976	NUM
cjfa-63111	230	13	)	)	PUNCT
cjfa-63111	230	14	.	.	PUNCT
cjfa-63111	231	1	theory	theory	NOUN
cjfa-63111	231	2	of	of	ADP
cjfa-63111	231	3	the	the	DET
cjfa-63111	231	4	firm	firm	NOUN
cjfa-63111	231	5	:	:	PUNCT
cjfa-63111	231	6	managerial	managerial	ADJ
cjfa-63111	231	7	behavior	behavior	NOUN
cjfa-63111	231	8	,	,	PUNCT
cjfa-63111	231	9	agency	agency	NOUN
cjfa-63111	231	10	costs	cost	NOUN
cjfa-63111	231	11	and	and	CCONJ
cjfa-63111	231	12	ownership	ownership	NOUN
cjfa-63111	231	13	structure	structure	NOUN
cjfa-63111	231	14	.	.	PUNCT
cjfa-63111	232	1	journal	journal	NOUN
cjfa-63111	232	2	of	of	ADP
cjfa-63111	232	3	financial	financial	ADJ
cjfa-63111	232	4	economics	economic	NOUN
cjfa-63111	232	5	,	,	PUNCT
cjfa-63111	232	6	3(4	3(4	NUM
cjfa-63111	232	7	)	)	PUNCT
cjfa-63111	232	8	,	,	PUNCT
cjfa-63111	232	9	305–360	305–360	NUM
cjfa-63111	232	10	.	.	PUNCT
cjfa-63111	233	1	https://doi.org/10.1016/0304-405x(76)90026-x	https://doi.org/10.1016/0304-405x(76)90026-x	PROPN
cjfa-63111	233	2	.	.	PUNCT
cjfa-63111	234	1	khlif	khlif	PROPN
cjfa-63111	234	2	,	,	PUNCT
cjfa-63111	234	3	h.	h.	PROPN
cjfa-63111	234	4	,	,	PUNCT
cjfa-63111	234	5	ahmed	ahmed	PROPN
cjfa-63111	234	6	,	,	PUNCT
cjfa-63111	234	7	k.	k.	PROPN
cjfa-63111	234	8	,	,	PUNCT
cjfa-63111	234	9	&	&	CCONJ
cjfa-63111	234	10	souissi	souissi	ADJ
cjfa-63111	234	11	,	,	PUNCT
cjfa-63111	234	12	m.	m.	NOUN
cjfa-63111	234	13	(	(	PUNCT
cjfa-63111	234	14	2016	2016	NUM
cjfa-63111	234	15	)	)	PUNCT
cjfa-63111	234	16	.	.	PUNCT
cjfa-63111	235	1	ownership	ownership	NOUN
cjfa-63111	235	2	structure	structure	NOUN
cjfa-63111	235	3	and	and	CCONJ
cjfa-63111	235	4	voluntary	voluntary	ADJ
cjfa-63111	235	5	disclosure	disclosure	NOUN
cjfa-63111	235	6	:	:	PUNCT
cjfa-63111	235	7	a	a	DET
cjfa-63111	235	8	synthesis	synthesis	NOUN
cjfa-63111	235	9	of	of	ADP
cjfa-63111	235	10	empirical	empirical	ADJ
cjfa-63111	235	11	studies	study	NOUN
cjfa-63111	235	12	.	.	PUNCT
cjfa-63111	236	1	australian	australian	ADJ
cjfa-63111	236	2	journal	journal	NOUN
cjfa-63111	236	3	of	of	ADP
cjfa-63111	236	4	management	management	NOUN
cjfa-63111	236	5	,	,	PUNCT
cjfa-63111	236	6	42(3	42(3	NUM
cjfa-63111	236	7	)	)	PUNCT
cjfa-63111	236	8	,	,	PUNCT
cjfa-63111	236	9	376–403	376–403	NUM
cjfa-63111	236	10	.	.	PUNCT
cjfa-63111	237	1	https://doi.org/10.1177/0312896216641475	https://doi.org/10.1177/0312896216641475	PROPN
cjfa-63111	237	2	.	.	PUNCT
cjfa-63111	238	1	lin	lin	PROPN
cjfa-63111	238	2	,	,	PUNCT
cjfa-63111	238	3	y.	y.	PROPN
cjfa-63111	238	4	,	,	PUNCT
cjfa-63111	238	5	mao	mao	PROPN
cjfa-63111	238	6	,	,	PUNCT
cjfa-63111	238	7	y.	y.	PROPN
cjfa-63111	238	8	,	,	PUNCT
cjfa-63111	238	9	&	&	CCONJ
cjfa-63111	238	10	wang	wang	PROPN
cjfa-63111	238	11	,	,	PUNCT
cjfa-63111	238	12	z.	z.	PROPN
cjfa-63111	238	13	(	(	PUNCT
cjfa-63111	238	14	2018	2018	NUM
cjfa-63111	238	15	)	)	PUNCT
cjfa-63111	238	16	.	.	PUNCT
cjfa-63111	239	1	institutional	institutional	ADJ
cjfa-63111	239	2	ownership	ownership	NOUN
cjfa-63111	239	3	,	,	PUNCT
cjfa-63111	239	4	peer	peer	NOUN
cjfa-63111	239	5	pressure	pressure	NOUN
cjfa-63111	239	6	,	,	PUNCT
cjfa-63111	239	7	and	and	CCONJ
cjfa-63111	239	8	voluntary	voluntary	ADJ
cjfa-63111	239	9	disclosures	disclosure	NOUN
cjfa-63111	239	10	.	.	PUNCT
cjfa-63111	240	1	the	the	DET
cjfa-63111	240	2	accounting	accounting	NOUN
cjfa-63111	240	3	review	review	NOUN
cjfa-63111	240	4	,	,	PUNCT
cjfa-63111	240	5	93(4	93(4	NOUN
cjfa-63111	240	6	)	)	PUNCT
cjfa-63111	240	7	,	,	PUNCT
cjfa-63111	240	8	283–308	283–308	NUM
cjfa-63111	240	9	.	.	PUNCT
cjfa-63111	241	1	https://doi.org/10.2308/accr51945	https://doi.org/10.2308/accr51945	PROPN
cjfa-63111	241	2	.	.	PUNCT
cjfa-63111	242	1	liu	liu	PROPN
cjfa-63111	242	2	,	,	PUNCT
cjfa-63111	242	3	g.	g.	PROPN
cjfa-63111	242	4	,	,	PUNCT
cjfa-63111	242	5	&	&	CCONJ
cjfa-63111	242	6	sun	sun	PROPN
cjfa-63111	242	7	,	,	PUNCT
cjfa-63111	242	8	j.	j.	PROPN
cjfa-63111	242	9	(	(	PUNCT
cjfa-63111	242	10	2010	2010	NUM
cjfa-63111	242	11	)	)	PUNCT
cjfa-63111	242	12	.	.	PUNCT
cjfa-63111	243	1	ultimate	ultimate	ADJ
cjfa-63111	243	2	ownership	ownership	NOUN
cjfa-63111	243	3	structure	structure	NOUN
cjfa-63111	243	4	and	and	CCONJ
cjfa-63111	243	5	corporate	corporate	ADJ
cjfa-63111	243	6	disclosure	disclosure	NOUN
cjfa-63111	243	7	quality	quality	NOUN
cjfa-63111	243	8	:	:	PUNCT
cjfa-63111	243	9	evidence	evidence	NOUN
cjfa-63111	243	10	from	from	ADP
cjfa-63111	243	11	china	china	PROPN
cjfa-63111	243	12	.	.	PUNCT
cjfa-63111	244	1	managerial	managerial	ADJ
cjfa-63111	244	2	finance	finance	NOUN
cjfa-63111	244	3	,	,	PUNCT
cjfa-63111	244	4	36(5	36(5	NUM
cjfa-63111	244	5	)	)	PUNCT
cjfa-63111	244	6	,	,	PUNCT
cjfa-63111	244	7	452–467	452–467	NUM
cjfa-63111	244	8	.	.	PUNCT
cjfa-63111	244	9	https://doi.org/10	https://doi.org/10	PROPN
cjfa-63111	244	10	.	.	PROPN
cjfa-63111	244	11	1108/03074351011039409	1108/03074351011039409	NUM
cjfa-63111	244	12	.	.	PUNCT
cjfa-63111	245	1	mitchell	mitchell	PROPN
cjfa-63111	245	2	,	,	PUNCT
cjfa-63111	245	3	r.k	r.k	PROPN
cjfa-63111	245	4	.	.	PROPN
cjfa-63111	245	5	,	,	PUNCT
cjfa-63111	245	6	agle	agle	PROPN
cjfa-63111	245	7	,	,	PUNCT
cjfa-63111	245	8	b.r	b.r	PROPN
cjfa-63111	245	9	.	.	PROPN
cjfa-63111	245	10	,	,	PUNCT
cjfa-63111	245	11	&	&	CCONJ
cjfa-63111	245	12	wood	wood	PROPN
cjfa-63111	245	13	,	,	PUNCT
cjfa-63111	245	14	d.j	d.j	PROPN
cjfa-63111	245	15	.	.	PROPN
cjfa-63111	245	16	(	(	PUNCT
cjfa-63111	245	17	1997	1997	NUM
cjfa-63111	245	18	)	)	PUNCT
cjfa-63111	245	19	.	.	PUNCT
cjfa-63111	246	1	toward	toward	ADP
cjfa-63111	246	2	a	a	DET
cjfa-63111	246	3	theory	theory	NOUN
cjfa-63111	246	4	of	of	ADP
cjfa-63111	246	5	stakeholder	stakeholder	NOUN
cjfa-63111	246	6	identification	identification	NOUN
cjfa-63111	246	7	and	and	CCONJ
cjfa-63111	246	8	salience	salience	NOUN
cjfa-63111	246	9	:	:	PUNCT
cjfa-63111	246	10	defining	define	VERB
cjfa-63111	246	11	the	the	DET
cjfa-63111	246	12	principle	principle	NOUN
cjfa-63111	246	13	of	of	ADP
cjfa-63111	246	14	who	who	PRON
cjfa-63111	246	15	and	and	CCONJ
cjfa-63111	246	16	what	what	PRON
cjfa-63111	246	17	really	really	ADV
cjfa-63111	246	18	counts	count	VERB
cjfa-63111	246	19	.	.	PUNCT
cjfa-63111	247	1	academy	academy	PROPN
cjfa-63111	247	2	of	of	ADP
cjfa-63111	247	3	management	management	PROPN
cjfa-63111	247	4	review	review	PROPN
cjfa-63111	247	5	,	,	PUNCT
cjfa-63111	247	6	22(4	22(4	NUM
cjfa-63111	247	7	)	)	PUNCT
cjfa-63111	247	8	,	,	PUNCT
cjfa-63111	247	9	853–886	853–886	NUM
cjfa-63111	247	10	.	.	PUNCT
cjfa-63111	248	1	https://doi.org/10.5465/amr	https://doi.org/10.5465/amr	NOUN
cjfa-63111	248	2	.	.	PUNCT
cjfa-63111	249	1	1997.9711022105	1997.9711022105	NOUN
cjfa-63111	249	2	.	.	PUNCT
cjfa-63111	250	1	nagata	nagata	PROPN
cjfa-63111	250	2	,	,	PUNCT
cjfa-63111	250	3	k.	k.	PROPN
cjfa-63111	250	4	,	,	PUNCT
cjfa-63111	250	5	&	&	CCONJ
cjfa-63111	250	6	nguyen	nguyen	PROPN
cjfa-63111	250	7	,	,	PUNCT
cjfa-63111	250	8	p.	p.	NOUN
cjfa-63111	250	9	(	(	PUNCT
cjfa-63111	250	10	2017	2017	NUM
cjfa-63111	250	11	)	)	PUNCT
cjfa-63111	250	12	.	.	PUNCT
cjfa-63111	251	1	ownership	ownership	NOUN
cjfa-63111	251	2	structure	structure	NOUN
cjfa-63111	251	3	and	and	CCONJ
cjfa-63111	251	4	disclosure	disclosure	NOUN
cjfa-63111	251	5	quality	quality	NOUN
cjfa-63111	251	6	:	:	PUNCT
cjfa-63111	251	7	evidence	evidence	NOUN
cjfa-63111	251	8	from	from	ADP
cjfa-63111	251	9	management	management	NOUN
cjfa-63111	251	10	forecasts	forecast	NOUN
cjfa-63111	251	11	revisions	revision	NOUN
cjfa-63111	251	12	in	in	ADP
cjfa-63111	251	13	japan	japan	PROPN
cjfa-63111	251	14	.	.	PUNCT
cjfa-63111	252	1	journal	journal	PROPN
cjfa-63111	252	2	of	of	ADP
cjfa-63111	252	3	accounting	accounting	NOUN
cjfa-63111	252	4	and	and	CCONJ
cjfa-63111	252	5	public	public	ADJ
cjfa-63111	252	6	policy	policy	NOUN
cjfa-63111	252	7	,	,	PUNCT
cjfa-63111	252	8	36(6	36(6	NUM
cjfa-63111	252	9	)	)	PUNCT
cjfa-63111	252	10	,	,	PUNCT
cjfa-63111	252	11	451–467	451–467	NUM
cjfa-63111	252	12	.	.	PUNCT
cjfa-63111	253	1	https://doi.org/10.1016/j.jaccpubpol.2017.09.003	https://doi.org/10.1016/j.jaccpubpol.2017.09.003	PROPN
cjfa-63111	253	2	.	.	PROPN
cjfa-63111	254	1	okpala	okpala	PROPN
cjfa-63111	254	2	,	,	PUNCT
cjfa-63111	254	3	o.p	o.p	PROPN
cjfa-63111	254	4	.	.	PROPN
cjfa-63111	254	5	,	,	PUNCT
cjfa-63111	254	6	&	&	CCONJ
cjfa-63111	254	7	iredele	iredele	PROPN
cjfa-63111	254	8	,	,	PUNCT
cjfa-63111	254	9	o.o	o.o	PROPN
cjfa-63111	254	10	.	.	PROPN
cjfa-63111	254	11	(	(	PUNCT
cjfa-63111	254	12	2018	2018	NUM
cjfa-63111	254	13	)	)	PUNCT
cjfa-63111	254	14	.	.	PUNCT
cjfa-63111	255	1	corporate	corporate	ADJ
cjfa-63111	255	2	social	social	ADJ
cjfa-63111	255	3	and	and	CCONJ
cjfa-63111	255	4	environmental	environmental	ADJ
cjfa-63111	255	5	disclosures	disclosure	NOUN
cjfa-63111	255	6	and	and	CCONJ
cjfa-63111	255	7	market	market	NOUN
cjfa-63111	255	8	value	value	NOUN
cjfa-63111	255	9	of	of	ADP
cjfa-63111	255	10	listed	list	VERB
cjfa-63111	255	11	firms	firm	NOUN
cjfa-63111	255	12	in	in	ADP
cjfa-63111	255	13	nigeria	nigeria	PROPN
cjfa-63111	255	14	.	.	PUNCT
cjfa-63111	256	1	copernican	copernican	PROPN
cjfa-63111	256	2	journal	journal	PROPN
cjfa-63111	256	3	of	of	ADP
cjfa-63111	256	4	finance	finance	PROPN
cjfa-63111	256	5	&	&	CCONJ
cjfa-63111	256	6	accounting	accounting	PROPN
cjfa-63111	256	7	,	,	PUNCT
cjfa-63111	256	8	7(3	7(3	NUM
cjfa-63111	256	9	)	)	PUNCT
cjfa-63111	256	10	,	,	PUNCT
cjfa-63111	256	11	9–28	9–28	NOUN
cjfa-63111	256	12	.	.	PUNCT
cjfa-63111	257	1	https://doi.org/10.12775/cjfa.2018.013	https://doi.org/10.12775/cjfa.2018.013	PROPN
cjfa-63111	257	2	.	.	PUNCT
cjfa-63111	258	1	pfeffer	pfeffer	PROPN
cjfa-63111	258	2	,	,	PUNCT
cjfa-63111	258	3	j.	j.	PROPN
cjfa-63111	258	4	(	(	PUNCT
cjfa-63111	258	5	1972	1972	NUM
cjfa-63111	258	6	)	)	PUNCT
cjfa-63111	258	7	.	.	PUNCT
cjfa-63111	259	1	merger	merger	NOUN
cjfa-63111	259	2	as	as	ADP
cjfa-63111	259	3	a	a	DET
cjfa-63111	259	4	response	response	NOUN
cjfa-63111	259	5	to	to	ADP
cjfa-63111	259	6	organizational	organizational	ADJ
cjfa-63111	259	7	interdependence	interdependence	NOUN
cjfa-63111	259	8	.	.	PUNCT
cjfa-63111	260	1	administrative	administrative	ADJ
cjfa-63111	260	2	science	science	PROPN
cjfa-63111	260	3	quarterly	quarterly	ADV
cjfa-63111	260	4	,	,	PUNCT
cjfa-63111	260	5	17(3	17(3	NUM
cjfa-63111	260	6	)	)	PUNCT
cjfa-63111	260	7	,	,	PUNCT
cjfa-63111	260	8	382	382	NUM
cjfa-63111	260	9	.	.	PUNCT
cjfa-63111	261	1	https://doi.org/10.2307/2392151	https://doi.org/10.2307/2392151	NOUN
cjfa-63111	261	2	.	.	PUNCT
cjfa-63111	262	1	pfeffer	pfeffer	PROPN
cjfa-63111	262	2	,	,	PUNCT
cjfa-63111	262	3	j.	j.	PROPN
cjfa-63111	262	4	,	,	PUNCT
cjfa-63111	262	5	&	&	CCONJ
cjfa-63111	262	6	salancik	salancik	PROPN
cjfa-63111	262	7	,	,	PUNCT
cjfa-63111	262	8	g.r	g.r	PROPN
cjfa-63111	262	9	.	.	PUNCT
cjfa-63111	262	10	(	(	PUNCT
cjfa-63111	262	11	1978	1978	NUM
cjfa-63111	262	12	)	)	PUNCT
cjfa-63111	262	13	.	.	PUNCT
cjfa-63111	263	1	the	the	DET
cjfa-63111	263	2	external	external	ADJ
cjfa-63111	263	3	control	control	NOUN
cjfa-63111	263	4	of	of	ADP
cjfa-63111	263	5	organizations	organization	NOUN
cjfa-63111	263	6	:	:	PUNCT
cjfa-63111	263	7	a	a	DET
cjfa-63111	263	8	resource	resource	NOUN
cjfa-63111	263	9	dependence	dependence	NOUN
cjfa-63111	263	10	perspective	perspective	NOUN
cjfa-63111	263	11	.	.	PUNCT
cjfa-63111	264	1	new	new	PROPN
cjfa-63111	264	2	york	york	PROPN
cjfa-63111	264	3	:	:	PUNCT
cjfa-63111	264	4	harper	harper	PROPN
cjfa-63111	264	5	&	&	CCONJ
cjfa-63111	264	6	row	row	PROPN
cjfa-63111	264	7	.	.	PUNCT
cjfa-63111	265	1	shiri	shiri	PROPN
cjfa-63111	265	2	,	,	PUNCT
cjfa-63111	265	3	m.m	m.m	PROPN
cjfa-63111	265	4	.	.	PROPN
cjfa-63111	265	5	,	,	PUNCT
cjfa-63111	265	6	salehi	salehi	PROPN
cjfa-63111	265	7	,	,	PUNCT
cjfa-63111	265	8	m.	m.	NOUN
cjfa-63111	265	9	,	,	PUNCT
cjfa-63111	265	10	&	&	CCONJ
cjfa-63111	265	11	radbon	radbon	PROPN
cjfa-63111	265	12	,	,	PUNCT
cjfa-63111	265	13	a.	a.	NOUN
cjfa-63111	265	14	(	(	PUNCT
cjfa-63111	265	15	2016	2016	NUM
cjfa-63111	265	16	)	)	PUNCT
cjfa-63111	265	17	.	.	PUNCT
cjfa-63111	266	1	a	a	DET
cjfa-63111	266	2	study	study	NOUN
cjfa-63111	266	3	of	of	ADP
cjfa-63111	266	4	impact	impact	NOUN
cjfa-63111	266	5	of	of	ADP
cjfa-63111	266	6	ownership	ownership	NOUN
cjfa-63111	266	7	structure	structure	NOUN
cjfa-63111	266	8	and	and	CCONJ
cjfa-63111	266	9	disclosure	disclosure	NOUN
cjfa-63111	266	10	quality	quality	NOUN
cjfa-63111	266	11	on	on	ADP
cjfa-63111	266	12	information	information	NOUN
cjfa-63111	266	13	asymmetry	asymmetry	NOUN
cjfa-63111	266	14	in	in	ADP
cjfa-63111	266	15	iran	iran	PROPN
cjfa-63111	266	16	.	.	PUNCT
cjfa-63111	267	1	vikalpa	vikalpa	NOUN
cjfa-63111	267	2	:	:	PUNCT
cjfa-63111	267	3	the	the	DET
cjfa-63111	267	4	journal	journal	NOUN
cjfa-63111	267	5	for	for	ADP
cjfa-63111	267	6	decision	decision	NOUN
cjfa-63111	267	7	makers	maker	NOUN
cjfa-63111	267	8	,	,	PUNCT
cjfa-63111	267	9	41(1	41(1	NUM
cjfa-63111	267	10	)	)	PUNCT
cjfa-63111	267	11	,	,	PUNCT
cjfa-63111	267	12	51–60	51–60	NOUN
cjfa-63111	267	13	.	.	PUNCT
cjfa-63111	268	1	https://doi.org/10.1177/0256090915620876	https://doi.org/10.1177/0256090915620876	NOUN
cjfa-63111	268	2	.	.	PUNCT
cjfa-63111	269	1	shleifer	shleifer	PROPN
cjfa-63111	269	2	,	,	PUNCT
cjfa-63111	269	3	a.	a.	PROPN
cjfa-63111	269	4	,	,	PUNCT
cjfa-63111	269	5	&	&	CCONJ
cjfa-63111	269	6	vishny	vishny	PROPN
cjfa-63111	269	7	,	,	PUNCT
cjfa-63111	269	8	r.w	r.w	PROPN
cjfa-63111	269	9	.	.	PROPN
cjfa-63111	269	10	(	(	PUNCT
cjfa-63111	269	11	1997	1997	NUM
cjfa-63111	269	12	)	)	PUNCT
cjfa-63111	269	13	.	.	PUNCT
cjfa-63111	270	1	a	a	DET
cjfa-63111	270	2	survey	survey	NOUN
cjfa-63111	270	3	of	of	ADP
cjfa-63111	270	4	corporate	corporate	ADJ
cjfa-63111	270	5	governance	governance	NOUN
cjfa-63111	270	6	.	.	PUNCT
cjfa-63111	271	1	the	the	DET
cjfa-63111	271	2	journal	journal	NOUN
cjfa-63111	271	3	of	of	ADP
cjfa-63111	271	4	finance	finance	NOUN
cjfa-63111	271	5	,	,	PUNCT
cjfa-63111	271	6	52(2	52(2	NUM
cjfa-63111	271	7	)	)	PUNCT
cjfa-63111	271	8	,	,	PUNCT
cjfa-63111	271	9	737–783	737–783	NUM
cjfa-63111	271	10	.	.	PUNCT
cjfa-63111	271	11	portico	portico	NOUN
cjfa-63111	271	12	.	.	PUNCT
cjfa-63111	272	1	https://doi.org/10.1111/j.1540-6261.1997	https://doi.org/10.1111/j.1540-6261.1997	PROPN
cjfa-63111	272	2	.	.	PUNCT
cjfa-63111	273	1	tb04820.x	tb04820.x	NOUN
cjfa-63111	273	2	.	.	PUNCT
cjfa-63111	274	1	zhou	zhou	PROPN
cjfa-63111	274	2	,	,	PUNCT
cjfa-63111	274	3	t.	t.	PROPN
cjfa-63111	274	4	,	,	PUNCT
cjfa-63111	274	5	&	&	CCONJ
cjfa-63111	274	6	wang	wang	PROPN
cjfa-63111	274	7	,	,	PUNCT
cjfa-63111	274	8	x.	x.	PROPN
cjfa-63111	274	9	(	(	PUNCT
cjfa-63111	274	10	2013	2013	NUM
cjfa-63111	274	11	)	)	PUNCT
cjfa-63111	274	12	.	.	PUNCT
cjfa-63111	275	1	institutional	institutional	ADJ
cjfa-63111	275	2	ownership	ownership	NOUN
cjfa-63111	275	3	,	,	PUNCT
cjfa-63111	275	4	risk	risk	NOUN
cjfa-63111	275	5	disclosure	disclosure	NOUN
cjfa-63111	275	6	,	,	PUNCT
cjfa-63111	275	7	and	and	CCONJ
cjfa-63111	275	8	potential	potential	ADJ
cjfa-63111	275	9	benefits	benefit	NOUN
cjfa-63111	275	10	:	:	PUNCT
cjfa-63111	275	11	from	from	ADP
cjfa-63111	275	12	the	the	DET
cjfa-63111	275	13	perspective	perspective	NOUN
cjfa-63111	275	14	of	of	ADP
cjfa-63111	275	15	internal	internal	ADJ
cjfa-63111	275	16	control	control	NOUN
cjfa-63111	275	17	and	and	CCONJ
cjfa-63111	275	18	firm	firm	ADJ
cjfa-63111	275	19	risk	risk	NOUN
cjfa-63111	275	20	.	.	PUNCT
cjfa-63111	276	1	frontiers	frontier	NOUN
cjfa-63111	276	2	of	of	ADP
cjfa-63111	276	3	business	business	NOUN
cjfa-63111	276	4	research	research	NOUN
cjfa-63111	276	5	in	in	ADP
cjfa-63111	276	6	china	china	PROPN
cjfa-63111	276	7	,	,	PUNCT
cjfa-63111	276	8	7(4	7(4	NUM
cjfa-63111	276	9	)	)	PUNCT
cjfa-63111	276	10	,	,	PUNCT
cjfa-63111	276	11	535–560	535–560	NUM
cjfa-63111	276	12	.	.	PUNCT
cjfa-63111	277	1	https://doi.org/10.3868/s070-002-013-0023-8	https://doi.org/10.3868/s070-002-013-0023-8	NOUN
cjfa-63111	277	2	.	.	PUNCT
cjfa-63111	278	1	https://doi.org/10.1177/0149206309343469	https://doi.org/10.1177/0149206309343469	X
cjfa-63111	279	1	https://doi.org/10.1177/0149206309343469	https://doi.org/10.1177/0149206309343469	X
cjfa-63111	279	2	https://doi.org/10.1108/03074351011039409	https://doi.org/10.1108/03074351011039409	VERB
cjfa-63111	279	3	https://doi.org/10.1108/03074351011039409	https://doi.org/10.1108/03074351011039409	VERB
cjfa-63111	279	4	https://doi.org/10.5465/amr.1997.9711022105	https://doi.org/10.5465/amr.1997.9711022105	PROPN
cjfa-63111	279	5	https://doi.org/10.5465/amr.1997.9711022105	https://doi.org/10.5465/amr.1997.9711022105	PROPN
cjfa-63111	279	6	https://doi.org/10.1016/j.jaccpubpol.2017.09.003	https://doi.org/10.1016/j.jaccpubpol.2017.09.003	PROPN
cjfa-63111	279	7	https://doi.org/10.12775/cjfa.2018.013	https://doi.org/10.12775/cjfa.2018.013	PROPN