id	sid	tid	token	lemma	pos
escjerps-2131	1	1	174	174	NUM
escjerps-2131	2	1	|	|	ADV
escjerps-2131	2	2	p	p	NOUN
escjerps-2131	2	3	a	a	DET
escjerps-2131	2	4	g	g	NOUN
escjerps-2131	2	5	e	e	NOUN
escjerps-2131	2	6	effect	effect	NOUN
escjerps-2131	2	7	of	of	ADP
escjerps-2131	2	8	investing	invest	VERB
escjerps-2131	2	9	activities	activity	NOUN
escjerps-2131	2	10	on	on	ADP
escjerps-2131	2	11	the	the	DET
escjerps-2131	2	12	return	return	NOUN
escjerps-2131	2	13	on	on	ADP
escjerps-2131	2	14	assets	asset	NOUN
escjerps-2131	2	15	of	of	ADP
escjerps-2131	2	16	oil	oil	NOUN
escjerps-2131	2	17	and	and	CCONJ
escjerps-2131	2	18	gas	gas	NOUN
escjerps-2131	2	19	firms	firm	NOUN
escjerps-2131	2	20	in	in	ADP
escjerps-2131	2	21	nigeria	nigeria	PROPN
escjerps-2131	2	22	by	by	ADP
escjerps-2131	2	23	ojeh	ojeh	PROPN
escjerps-2131	2	24	augustine	augustine	PROPN
escjerps-2131	2	25	,	,	PUNCT
escjerps-2131	2	26	ph.d	ph.d	PROPN
escjerps-2131	2	27	.	.	PROPN
escjerps-2131	2	28	,	,	PUNCT
escjerps-2131	2	29	fca	fca	PROPN
escjerps-2131	2	30	abstract	abstract	ADJ
escjerps-2131	2	31	most	most	ADJ
escjerps-2131	2	32	entity	entity	NOUN
escjerps-2131	2	33	are	be	AUX
escjerps-2131	2	34	unwilling	unwilling	ADJ
escjerps-2131	2	35	to	to	PART
escjerps-2131	2	36	borrow	borrow	VERB
escjerps-2131	2	37	to	to	PART
escjerps-2131	2	38	finance	finance	VERB
escjerps-2131	2	39	its	its	PRON
escjerps-2131	2	40	economic	economic	ADJ
escjerps-2131	2	41	activities	activity	NOUN
escjerps-2131	2	42	due	due	ADJ
escjerps-2131	2	43	to	to	ADP
escjerps-2131	2	44	the	the	DET
escjerps-2131	2	45	terms	term	NOUN
escjerps-2131	2	46	and	and	CCONJ
escjerps-2131	2	47	conditions	condition	NOUN
escjerps-2131	2	48	attached	attach	VERB
escjerps-2131	2	49	the	the	DET
escjerps-2131	2	50	loans	loan	NOUN
escjerps-2131	2	51	.	.	PUNCT
escjerps-2131	3	1	therefore	therefore	ADV
escjerps-2131	3	2	the	the	DET
escjerps-2131	3	3	study	study	NOUN
escjerps-2131	3	4	empirically	empirically	ADV
escjerps-2131	3	5	and	and	CCONJ
escjerps-2131	3	6	statistically	statistically	ADV
escjerps-2131	3	7	evaluate	evaluate	VERB
escjerps-2131	3	8	the	the	DET
escjerps-2131	3	9	implication	implication	NOUN
escjerps-2131	3	10	of	of	ADP
escjerps-2131	3	11	investing	investing	NOUN
escjerps-2131	3	12	activities	activity	NOUN
escjerps-2131	3	13	which	which	PRON
escjerps-2131	3	14	is	be	AUX
escjerps-2131	3	15	represented	represent	VERB
escjerps-2131	3	16	by	by	ADP
escjerps-2131	3	17	equity	equity	NOUN
escjerps-2131	3	18	to	to	ADP
escjerps-2131	3	19	capital	capital	NOUN
escjerps-2131	3	20	ratio	ratio	NOUN
escjerps-2131	3	21	(	(	PUNCT
escjerps-2131	3	22	ecr	ecr	PROPN
escjerps-2131	3	23	)	)	PUNCT
escjerps-2131	3	24	and	and	CCONJ
escjerps-2131	3	25	debt	debt	NOUN
escjerps-2131	3	26	to	to	ADP
escjerps-2131	3	27	equity	equity	NOUN
escjerps-2131	3	28	ratio	ratio	NOUN
escjerps-2131	3	29	(	(	PUNCT
escjerps-2131	3	30	der	der	NOUN
escjerps-2131	3	31	)	)	PUNCT
escjerps-2131	3	32	and	and	CCONJ
escjerps-2131	3	33	the	the	DET
escjerps-2131	3	34	performance	performance	NOUN
escjerps-2131	3	35	which	which	PRON
escjerps-2131	3	36	is	be	AUX
escjerps-2131	3	37	represent	represent	VERB
escjerps-2131	3	38	by	by	ADP
escjerps-2131	3	39	return	return	NOUN
escjerps-2131	3	40	on	on	ADP
escjerps-2131	3	41	equity	equity	NOUN
escjerps-2131	3	42	(	(	PUNCT
escjerps-2131	3	43	roe	roe	PROPN
escjerps-2131	3	44	)	)	PUNCT
escjerps-2131	3	45	of	of	ADP
escjerps-2131	3	46	oil	oil	NOUN
escjerps-2131	3	47	and	and	CCONJ
escjerps-2131	3	48	gas	gas	NOUN
escjerps-2131	3	49	sector	sector	NOUN
escjerps-2131	3	50	firms	firm	NOUN
escjerps-2131	3	51	listed	list	VERB
escjerps-2131	3	52	on	on	ADP
escjerps-2131	3	53	nigeria	nigeria	PROPN
escjerps-2131	3	54	exchange	exchange	PROPN
escjerps-2131	3	55	group	group	NOUN
escjerps-2131	3	56	,	,	PUNCT
escjerps-2131	3	57	eight	eight	NUM
escjerps-2131	3	58	(	(	PUNCT
escjerps-2131	3	59	8)	8)	NUM
escjerps-2131	3	60	firms	firm	NOUN
escjerps-2131	3	61	was	be	AUX
escjerps-2131	3	62	used	use	VERB
escjerps-2131	3	63	for	for	ADP
escjerps-2131	3	64	the	the	DET
escjerps-2131	3	65	study	study	NOUN
escjerps-2131	3	66	such	such	ADJ
escjerps-2131	3	67	as	as	ADP
escjerps-2131	3	68	:	:	SYM
escjerps-2131	3	69	11	11	NUM
escjerps-2131	3	70	plc	plc	PROPN
escjerps-2131	3	71	formally	formally	ADV
escjerps-2131	3	72	mobil	mobil	PROPN
escjerps-2131	3	73	oil	oil	PROPN
escjerps-2131	3	74	nigeria	nigeria	PROPN
escjerps-2131	3	75	plc	plc	PROPN
escjerps-2131	3	76	,	,	PUNCT
escjerps-2131	3	77	anino	anino	PROPN
escjerps-2131	3	78	international	international	PROPN
escjerps-2131	3	79	plc	plc	PROPN
escjerps-2131	3	80	,	,	PUNCT
escjerps-2131	3	81	coinoil	coinoil	PROPN
escjerps-2131	3	82	plc	plc	PROPN
escjerps-2131	3	83	,	,	PUNCT
escjerps-2131	3	84	eterna	eterna	PROPN
escjerps-2131	3	85	plc	plc	PROPN
escjerps-2131	3	86	,	,	PUNCT
escjerps-2131	3	87	ardova	ardova	PROPN
escjerps-2131	3	88	plc	plc	PROPN
escjerps-2131	3	89	formally	formally	ADV
escjerps-2131	3	90	fortoil	fortoil	PROPN
escjerps-2131	3	91	,	,	PUNCT
escjerps-2131	3	92	japaul	japaul	VERB
escjerps-2131	3	93	oil	oil	NOUN
escjerps-2131	3	94	and	and	CCONJ
escjerps-2131	3	95	maritime	maritime	PROPN
escjerps-2131	3	96	service	service	PROPN
escjerps-2131	3	97	plc	plc	PROPN
escjerps-2131	3	98	,	,	PUNCT
escjerps-2131	3	99	seplat	seplat	PROPN
escjerps-2131	3	100	plc	plc	PROPN
escjerps-2131	3	101	and	and	CCONJ
escjerps-2131	3	102	total	total	PROPN
escjerps-2131	3	103	nigeria	nigeria	PROPN
escjerps-2131	3	104	plc	plc	PROPN
escjerps-2131	3	105	.	.	PROPN
escjerps-2131	4	1	with	with	ADP
escjerps-2131	4	2	data	datum	NOUN
escjerps-2131	4	3	ranging	range	VERB
escjerps-2131	4	4	from	from	ADP
escjerps-2131	4	5	2013	2013	NUM
escjerps-2131	4	6	to	to	ADP
escjerps-2131	4	7	2020	2020	NUM
escjerps-2131	4	8	.	.	PUNCT
escjerps-2131	5	1	the	the	DET
escjerps-2131	5	2	result	result	NOUN
escjerps-2131	5	3	showed	show	VERB
escjerps-2131	5	4	that	that	SCONJ
escjerps-2131	5	5	the	the	DET
escjerps-2131	5	6	companies	company	NOUN
escjerps-2131	5	7	experience	experience	VERB
escjerps-2131	5	8	a	a	DET
escjerps-2131	5	9	weak	weak	ADJ
escjerps-2131	5	10	level	level	NOUN
escjerps-2131	5	11	of	of	ADP
escjerps-2131	5	12	activities	activity	NOUN
escjerps-2131	5	13	between	between	ADP
escjerps-2131	5	14	the	the	DET
escjerps-2131	5	15	period	period	NOUN
escjerps-2131	5	16	of	of	ADP
escjerps-2131	5	17	2014	2014	NUM
escjerps-2131	5	18	and	and	CCONJ
escjerps-2131	5	19	2015	2015	NUM
escjerps-2131	5	20	.	.	PUNCT
escjerps-2131	6	1	ecr	ecr	PROPN
escjerps-2131	6	2	has	have	VERB
escjerps-2131	6	3	a	a	DET
escjerps-2131	6	4	coefficient	coefficient	NOUN
escjerps-2131	6	5	of	of	ADP
escjerps-2131	6	6	-7.393806	-7.393806	NOUN
escjerps-2131	6	7	,	,	PUNCT
escjerps-2131	6	8	and	and	CCONJ
escjerps-2131	6	9	statistical	statistical	ADJ
escjerps-2131	6	10	value	value	NOUN
escjerps-2131	6	11	of	of	ADP
escjerps-2131	6	12	0.0405	0.0405	NUM
escjerps-2131	6	13	while	while	SCONJ
escjerps-2131	6	14	der	der	NOUN
escjerps-2131	6	15	has	have	VERB
escjerps-2131	6	16	a	a	DET
escjerps-2131	6	17	coefficient	coefficient	NOUN
escjerps-2131	6	18	of	of	ADP
escjerps-2131	6	19	-2.922808	-2.922808	NOUN
escjerps-2131	6	20	,	,	PUNCT
escjerps-2131	6	21	and	and	CCONJ
escjerps-2131	6	22	statistical	statistical	ADJ
escjerps-2131	6	23	value	value	NOUN
escjerps-2131	6	24	of	of	ADP
escjerps-2131	6	25	0.0247	0.0247	NUM
escjerps-2131	6	26	,	,	PUNCT
escjerps-2131	6	27	the	the	DET
escjerps-2131	6	28	study	study	NOUN
escjerps-2131	6	29	also	also	ADV
escjerps-2131	6	30	showed	show	VERB
escjerps-2131	6	31	that	that	SCONJ
escjerps-2131	6	32	nigeria	nigeria	PROPN
escjerps-2131	6	33	oil	oil	NOUN
escjerps-2131	6	34	and	and	CCONJ
escjerps-2131	6	35	gas	gas	NOUN
escjerps-2131	6	36	sectors	sector	NOUN
escjerps-2131	6	37	experienced	experience	VERB
escjerps-2131	6	38	a	a	DET
escjerps-2131	6	39	slow	slow	ADJ
escjerps-2131	6	40	economic	economic	ADJ
escjerps-2131	6	41	activities	activity	NOUN
escjerps-2131	6	42	between	between	ADP
escjerps-2131	6	43	2015	2015	NUM
escjerps-2131	6	44	and	and	CCONJ
escjerps-2131	6	45	2016	2016	NUM
escjerps-2131	6	46	however	however	ADV
escjerps-2131	6	47	the	the	DET
escjerps-2131	6	48	entities	entity	NOUN
escjerps-2131	6	49	employed	employ	VERB
escjerps-2131	6	50	external	external	ADJ
escjerps-2131	6	51	sources	source	NOUN
escjerps-2131	6	52	of	of	ADP
escjerps-2131	6	53	finance	finance	NOUN
escjerps-2131	6	54	which	which	PRON
escjerps-2131	6	55	was	be	AUX
escjerps-2131	6	56	matched	match	VERB
escjerps-2131	6	57	to	to	ADP
escjerps-2131	6	58	the	the	DET
escjerps-2131	6	59	company	company	NOUN
escjerps-2131	6	60	’s	’s	PART
escjerps-2131	6	61	investing	investing	NOUN
escjerps-2131	6	62	activities	activity	NOUN
escjerps-2131	6	63	and	and	CCONJ
escjerps-2131	6	64	also	also	ADV
escjerps-2131	6	65	with	with	ADP
escjerps-2131	6	66	the	the	DET
escjerps-2131	6	67	help	help	NOUN
escjerps-2131	6	68	of	of	ADP
escjerps-2131	6	69	relevant	relevant	ADJ
escjerps-2131	6	70	stakeholders	stakeholder	NOUN
escjerps-2131	6	71	,	,	PUNCT
escjerps-2131	6	72	the	the	DET
escjerps-2131	6	73	entities	entity	NOUN
escjerps-2131	6	74	where	where	SCONJ
escjerps-2131	6	75	revitalized	revitalize	VERB
escjerps-2131	6	76	financially	financially	ADV
escjerps-2131	6	77	.	.	PUNCT
escjerps-2131	7	1	therefore	therefore	ADV
escjerps-2131	7	2	we	we	PRON
escjerps-2131	7	3	conclude	conclude	VERB
escjerps-2131	7	4	that	that	SCONJ
escjerps-2131	7	5	investing	investing	NOUN
escjerps-2131	7	6	activities	activity	NOUN
escjerps-2131	7	7	has	have	VERB
escjerps-2131	7	8	statistical	statistical	ADJ
escjerps-2131	7	9	significant	significant	ADJ
escjerps-2131	7	10	impact	impact	NOUN
escjerps-2131	7	11	on	on	ADP
escjerps-2131	7	12	performance	performance	NOUN
escjerps-2131	7	13	.	.	PUNCT
escjerps-2131	8	1	we	we	PRON
escjerps-2131	8	2	therefore	therefore	ADV
escjerps-2131	8	3	recommended	recommend	VERB
escjerps-2131	8	4	that	that	SCONJ
escjerps-2131	8	5	:	:	PUNCT
escjerps-2131	8	6	creditors	creditor	NOUN
escjerps-2131	8	7	should	should	AUX
escjerps-2131	8	8	not	not	PART
escjerps-2131	8	9	hesitate	hesitate	VERB
escjerps-2131	8	10	to	to	PART
escjerps-2131	8	11	give	give	VERB
escjerps-2131	8	12	loan	loan	NOUN
escjerps-2131	8	13	to	to	ADP
escjerps-2131	8	14	firms	firm	NOUN
escjerps-2131	8	15	and	and	CCONJ
escjerps-2131	8	16	most	most	ADJ
escjerps-2131	8	17	especially	especially	ADV
escjerps-2131	8	18	the	the	DET
escjerps-2131	8	19	oil	oil	NOUN
escjerps-2131	8	20	and	and	CCONJ
escjerps-2131	8	21	gas	gas	NOUN
escjerps-2131	8	22	companies	company	NOUN
escjerps-2131	8	23	because	because	SCONJ
escjerps-2131	8	24	they	they	PRON
escjerps-2131	8	25	play	play	VERB
escjerps-2131	8	26	a	a	DET
escjerps-2131	8	27	great	great	ADJ
escjerps-2131	8	28	role	role	NOUN
escjerps-2131	8	29	in	in	ADP
escjerps-2131	8	30	the	the	DET
escjerps-2131	8	31	economy	economy	NOUN
escjerps-2131	8	32	;	;	PUNCT
escjerps-2131	8	33	managers	manager	NOUN
escjerps-2131	8	34	should	should	AUX
escjerps-2131	8	35	source	source	VERB
escjerps-2131	8	36	for	for	ADP
escjerps-2131	8	37	external	external	ADJ
escjerps-2131	8	38	sources	source	NOUN
escjerps-2131	8	39	of	of	ADP
escjerps-2131	8	40	financing	financing	NOUN
escjerps-2131	8	41	to	to	PART
escjerps-2131	8	42	boost	boost	VERB
escjerps-2131	8	43	its	its	PRON
escjerps-2131	8	44	activities	activity	NOUN
escjerps-2131	8	45	before	before	ADP
escjerps-2131	8	46	internal	internal	ADJ
escjerps-2131	8	47	sources	source	NOUN
escjerps-2131	8	48	,	,	PUNCT
escjerps-2131	8	49	the	the	DET
escjerps-2131	8	50	findings	finding	NOUN
escjerps-2131	8	51	also	also	ADV
escjerps-2131	8	52	revealed	reveal	VERB
escjerps-2131	8	53	that	that	SCONJ
escjerps-2131	8	54	the	the	DET
escjerps-2131	8	55	external	external	ADJ
escjerps-2131	8	56	sources	source	NOUN
escjerps-2131	8	57	has	have	AUX
escjerps-2131	8	58	helped	help	VERB
escjerps-2131	8	59	revitalized	revitalize	VERB
escjerps-2131	8	60	the	the	DET
escjerps-2131	8	61	sector	sector	NOUN
escjerps-2131	8	62	;	;	PUNCT
escjerps-2131	8	63	the	the	DET
escjerps-2131	8	64	government	government	NOUN
escjerps-2131	8	65	should	should	AUX
escjerps-2131	8	66	create	create	VERB
escjerps-2131	8	67	an	an	DET
escjerps-2131	8	68	enabling	enable	VERB
escjerps-2131	8	69	environment	environment	NOUN
escjerps-2131	8	70	for	for	ADP
escjerps-2131	8	71	firms	firm	NOUN
escjerps-2131	8	72	in	in	ADP
escjerps-2131	8	73	this	this	DET
escjerps-2131	8	74	sector	sector	NOUN
escjerps-2131	8	75	to	to	PART
escjerps-2131	8	76	operate	operate	VERB
escjerps-2131	8	77	effectively	effectively	ADV
escjerps-2131	8	78	and	and	CCONJ
escjerps-2131	8	79	efficiently	efficiently	ADV
escjerps-2131	8	80	;	;	PUNCT
escjerps-2131	8	81	government	government	NOUN
escjerps-2131	8	82	should	should	AUX
escjerps-2131	8	83	also	also	ADV
escjerps-2131	8	84	make	make	VERB
escjerps-2131	8	85	soft	soft	ADJ
escjerps-2131	8	86	loans	loan	NOUN
escjerps-2131	8	87	available	available	ADJ
escjerps-2131	8	88	to	to	ADP
escjerps-2131	8	89	entity	entity	NOUN
escjerps-2131	8	90	during	during	ADP
escjerps-2131	8	91	a	a	DET
escjerps-2131	8	92	financial	financial	ADJ
escjerps-2131	8	93	challenging	challenging	ADJ
escjerps-2131	8	94	periods	period	NOUN
escjerps-2131	8	95	;	;	PUNCT
escjerps-2131	8	96	and	and	CCONJ
escjerps-2131	8	97	manager	manager	NOUN
escjerps-2131	8	98	should	should	AUX
escjerps-2131	8	99	match	match	VERB
escjerps-2131	8	100	its	its	PRON
escjerps-2131	8	101	investing	investing	NOUN
escjerps-2131	8	102	activities	activity	NOUN
escjerps-2131	8	103	properly	properly	ADV
escjerps-2131	8	104	to	to	PART
escjerps-2131	8	105	avoid	avoid	VERB
escjerps-2131	8	106	over	over	ADP
escjerps-2131	8	107	matching	match	VERB
escjerps-2131	8	108	and	and	CCONJ
escjerps-2131	8	109	mismatching	mismatching	NOUN
escjerps-2131	8	110	of	of	ADP
escjerps-2131	8	111	financial	financial	ADJ
escjerps-2131	8	112	resources	resource	NOUN
escjerps-2131	8	113	,	,	PUNCT
escjerps-2131	8	114	if	if	SCONJ
escjerps-2131	8	115	this	this	PRON
escjerps-2131	8	116	is	be	AUX
escjerps-2131	8	117	not	not	PART
escjerps-2131	8	118	done	do	VERB
escjerps-2131	8	119	it	it	PRON
escjerps-2131	8	120	may	may	AUX
escjerps-2131	8	121	affect	affect	VERB
escjerps-2131	8	122	company	company	NOUN
escjerps-2131	8	123	going	go	VERB
escjerps-2131	8	124	concern	concern	NOUN
escjerps-2131	8	125	.	.	PUNCT
escjerps-2131	9	1	the	the	DET
escjerps-2131	9	2	study	study	NOUN
escjerps-2131	9	3	also	also	ADV
escjerps-2131	9	4	contributed	contribute	VERB
escjerps-2131	9	5	to	to	ADP
escjerps-2131	9	6	existing	exist	VERB
escjerps-2131	9	7	literature	literature	NOUN
escjerps-2131	9	8	by	by	ADP
escjerps-2131	9	9	revealing	reveal	VERB
escjerps-2131	9	10	that	that	SCONJ
escjerps-2131	9	11	external	external	ADJ
escjerps-2131	9	12	finance	finance	NOUN
escjerps-2131	9	13	has	have	AUX
escjerps-2131	9	14	contributed	contribute	VERB
escjerps-2131	9	15	to	to	ADP
escjerps-2131	9	16	revitalizing	revitalize	VERB
escjerps-2131	9	17	the	the	DET
escjerps-2131	9	18	oil	oil	NOUN
escjerps-2131	9	19	and	and	CCONJ
escjerps-2131	9	20	gas	gas	NOUN
escjerps-2131	9	21	companies	company	NOUN
escjerps-2131	9	22	during	during	ADP
escjerps-2131	9	23	the	the	DET
escjerps-2131	9	24	nosedived	nosedived	NOUN
escjerps-2131	9	25	of	of	ADP
escjerps-2131	9	26	the	the	DET
escjerps-2131	9	27	oil	oil	NOUN
escjerps-2131	9	28	price	price	NOUN
escjerps-2131	9	29	,	,	PUNCT
escjerps-2131	9	30	production	production	NOUN
escjerps-2131	9	31	and	and	CCONJ
escjerps-2131	9	32	export	export	NOUN
escjerps-2131	9	33	between	between	ADP
escjerps-2131	9	34	2015	2015	NUM
escjerps-2131	9	35	and	and	CCONJ
escjerps-2131	9	36	2016	2016	NUM
escjerps-2131	9	37	.	.	PUNCT
escjerps-2131	10	1	however	however	ADV
escjerps-2131	10	2	if	if	SCONJ
escjerps-2131	10	3	an	an	DET
escjerps-2131	10	4	entity	entity	NOUN
escjerps-2131	10	5	want	want	VERB
escjerps-2131	10	6	to	to	PART
escjerps-2131	10	7	borrow	borrow	VERB
escjerps-2131	10	8	they	they	PRON
escjerps-2131	10	9	should	should	AUX
escjerps-2131	10	10	consider	consider	VERB
escjerps-2131	10	11	the	the	DET
escjerps-2131	10	12	cost	cost	NOUN
escjerps-2131	10	13	and	and	CCONJ
escjerps-2131	10	14	benefits	benefit	NOUN
escjerps-2131	10	15	,	,	PUNCT
escjerps-2131	10	16	terms	term	NOUN
escjerps-2131	10	17	and	and	CCONJ
escjerps-2131	10	18	conditions	condition	NOUN
escjerps-2131	10	19	associated	associate	VERB
escjerps-2131	10	20	with	with	ADP
escjerps-2131	10	21	such	such	ADJ
escjerps-2131	10	22	sources	source	NOUN
escjerps-2131	10	23	of	of	ADP
escjerps-2131	10	24	external	external	ADJ
escjerps-2131	10	25	finance	finance	NOUN
escjerps-2131	10	26	.	.	PUNCT
escjerps-2131	11	1	in	in	ADP
escjerps-2131	11	2	summary	summary	NOUN
escjerps-2131	11	3	the	the	DET
escjerps-2131	11	4	study	study	NOUN
escjerps-2131	11	5	revealed	reveal	VERB
escjerps-2131	11	6	that	that	SCONJ
escjerps-2131	11	7	investing	investing	NOUN
escjerps-2131	11	8	activities	activity	NOUN
escjerps-2131	11	9	has	have	VERB
escjerps-2131	11	10	a	a	DET
escjerps-2131	11	11	significant	significant	ADJ
escjerps-2131	11	12	impact	impact	NOUN
escjerps-2131	11	13	on	on	ADP
escjerps-2131	11	14	performance	performance	NOUN
escjerps-2131	11	15	therefore	therefore	ADV
escjerps-2131	11	16	stakeholders	stakeholder	NOUN
escjerps-2131	11	17	such	such	ADJ
escjerps-2131	11	18	as	as	ADP
escjerps-2131	11	19	creditors	creditor	NOUN
escjerps-2131	11	20	,	,	PUNCT
escjerps-2131	11	21	government	government	NOUN
escjerps-2131	11	22	to	to	PART
escjerps-2131	11	23	mention	mention	VERB
escjerps-2131	11	24	but	but	CCONJ
escjerps-2131	11	25	a	a	DET
escjerps-2131	11	26	few	few	ADJ
escjerps-2131	11	27	has	have	VERB
escjerps-2131	11	28	crucial	crucial	ADJ
escjerps-2131	11	29	role	role	NOUN
escjerps-2131	11	30	to	to	PART
escjerps-2131	11	31	play	play	VERB
escjerps-2131	11	32	in	in	ADP
escjerps-2131	11	33	trying	try	VERB
escjerps-2131	11	34	to	to	PART
escjerps-2131	11	35	revitalizing	revitalize	VERB
escjerps-2131	11	36	175	175	NUM
escjerps-2131	11	37	|	|	ADV
escjerps-2131	11	38	p	p	ADP
escjerps-2131	11	39	a	a	DET
escjerps-2131	11	40	g	g	NOUN
escjerps-2131	11	41	e	e	NOUN
escjerps-2131	11	42	companies	company	NOUN
escjerps-2131	11	43	during	during	ADP
escjerps-2131	11	44	slow	slow	ADJ
escjerps-2131	11	45	economics	economic	NOUN
escjerps-2131	11	46	activities	activity	NOUN
escjerps-2131	11	47	,	,	PUNCT
escjerps-2131	11	48	this	this	PRON
escjerps-2131	11	49	can	can	AUX
escjerps-2131	11	50	done	do	VERB
escjerps-2131	11	51	by	by	ADP
escjerps-2131	11	52	creating	create	VERB
escjerps-2131	11	53	an	an	DET
escjerps-2131	11	54	enabling	enable	VERB
escjerps-2131	11	55	environment	environment	NOUN
escjerps-2131	11	56	,	,	PUNCT
escjerps-2131	11	57	giving	give	VERB
escjerps-2131	11	58	grants	grant	NOUN
escjerps-2131	11	59	and	and	CCONJ
escjerps-2131	11	60	soft	soft	ADJ
escjerps-2131	11	61	loans	loan	NOUN
escjerps-2131	11	62	to	to	PART
escjerps-2131	11	63	help	help	VERB
escjerps-2131	11	64	revitalizedthem	revitalizedthem	NOUN
escjerps-2131	11	65	.	.	PUNCT
escjerps-2131	12	1	key	key	ADJ
escjerps-2131	12	2	words	word	NOUN
escjerps-2131	12	3	:	:	PUNCT
escjerps-2131	12	4	investing	investing	NOUN
escjerps-2131	12	5	activities	activity	NOUN
escjerps-2131	12	6	,	,	PUNCT
escjerps-2131	12	7	return	return	VERB
escjerps-2131	12	8	on	on	ADP
escjerps-2131	12	9	assets	asset	NOUN
escjerps-2131	12	10	,	,	PUNCT
escjerps-2131	12	11	performance	performance	NOUN
escjerps-2131	12	12	,	,	PUNCT
escjerps-2131	12	13	finance	finance	NOUN
escjerps-2131	12	14	and	and	CCONJ
escjerps-2131	12	15	activities	activity	NOUN
escjerps-2131	12	16	introduction	introduction	NOUN
escjerps-2131	12	17	background	background	NOUN
escjerps-2131	12	18	of	of	ADP
escjerps-2131	12	19	study	study	NOUN
escjerps-2131	12	20	investing	investing	NOUN
escjerps-2131	12	21	activities	activity	NOUN
escjerps-2131	12	22	include	include	VERB
escjerps-2131	12	23	purchases	purchase	NOUN
escjerps-2131	12	24	of	of	ADP
escjerps-2131	12	25	physical	physical	ADJ
escjerps-2131	12	26	assets	asset	NOUN
escjerps-2131	12	27	,	,	PUNCT
escjerps-2131	12	28	investments	investment	NOUN
escjerps-2131	12	29	in	in	ADP
escjerps-2131	12	30	securities	security	NOUN
escjerps-2131	12	31	,	,	PUNCT
escjerps-2131	12	32	or	or	CCONJ
escjerps-2131	12	33	the	the	DET
escjerps-2131	12	34	sale	sale	NOUN
escjerps-2131	12	35	of	of	ADP
escjerps-2131	12	36	securities	security	NOUN
escjerps-2131	12	37	or	or	CCONJ
escjerps-2131	12	38	assets	asset	NOUN
escjerps-2131	12	39	.	.	PUNCT
escjerps-2131	13	1	however	however	ADV
escjerps-2131	13	2	,	,	PUNCT
escjerps-2131	13	3	negative	negative	ADJ
escjerps-2131	13	4	cash	cash	NOUN
escjerps-2131	13	5	flow	flow	NOUN
escjerps-2131	13	6	from	from	ADP
escjerps-2131	13	7	investing	invest	VERB
escjerps-2131	13	8	activities	activity	NOUN
escjerps-2131	13	9	might	might	AUX
escjerps-2131	13	10	be	be	AUX
escjerps-2131	13	11	due	due	ADJ
escjerps-2131	13	12	to	to	ADP
escjerps-2131	13	13	significant	significant	ADJ
escjerps-2131	13	14	amounts	amount	NOUN
escjerps-2131	13	15	of	of	ADP
escjerps-2131	13	16	cash	cash	NOUN
escjerps-2131	13	17	being	be	AUX
escjerps-2131	13	18	invested	invest	VERB
escjerps-2131	13	19	in	in	ADP
escjerps-2131	13	20	the	the	DET
escjerps-2131	13	21	long	long	ADJ
escjerps-2131	13	22	-	-	PUNCT
escjerps-2131	13	23	term	term	NOUN
escjerps-2131	13	24	health	health	NOUN
escjerps-2131	13	25	of	of	ADP
escjerps-2131	13	26	the	the	DET
escjerps-2131	13	27	company	company	NOUN
escjerps-2131	13	28	,	,	PUNCT
escjerps-2131	13	29	such	such	ADJ
escjerps-2131	13	30	as	as	ADP
escjerps-2131	13	31	research	research	NOUN
escjerps-2131	13	32	and	and	CCONJ
escjerps-2131	13	33	development	development	NOUN
escjerps-2131	13	34	.	.	PUNCT
escjerps-2131	14	1	nigeria	nigeria	PROPN
escjerps-2131	14	2	is	be	AUX
escjerps-2131	14	3	an	an	DET
escjerps-2131	14	4	oil	oil	NOUN
escjerps-2131	14	5	dependent	dependent	ADJ
escjerps-2131	14	6	nation	nation	NOUN
escjerps-2131	14	7	,	,	PUNCT
escjerps-2131	14	8	this	this	PRON
escjerps-2131	14	9	due	due	ADP
escjerps-2131	14	10	to	to	ADP
escjerps-2131	14	11	the	the	DET
escjerps-2131	14	12	fact	fact	NOUN
escjerps-2131	14	13	that	that	SCONJ
escjerps-2131	14	14	large	large	ADJ
escjerps-2131	14	15	proportion	proportion	NOUN
escjerps-2131	14	16	of	of	ADP
escjerps-2131	14	17	her	her	PRON
escjerps-2131	14	18	revenue	revenue	NOUN
escjerps-2131	14	19	is	be	AUX
escjerps-2131	14	20	generated	generate	VERB
escjerps-2131	14	21	from	from	ADP
escjerps-2131	14	22	this	this	DET
escjerps-2131	14	23	sector	sector	NOUN
escjerps-2131	14	24	.	.	PUNCT
escjerps-2131	15	1	therefore	therefore	ADV
escjerps-2131	15	2	if	if	SCONJ
escjerps-2131	15	3	proper	proper	ADJ
escjerps-2131	15	4	financing	financing	NOUN
escjerps-2131	15	5	decision	decision	NOUN
escjerps-2131	15	6	is	be	AUX
escjerps-2131	15	7	not	not	PART
escjerps-2131	15	8	taken	take	VERB
escjerps-2131	15	9	by	by	ADP
escjerps-2131	15	10	this	this	DET
escjerps-2131	15	11	sector	sector	NOUN
escjerps-2131	15	12	it	it	PRON
escjerps-2131	15	13	will	will	AUX
escjerps-2131	15	14	automatically	automatically	ADV
escjerps-2131	15	15	affect	affect	VERB
escjerps-2131	15	16	nigeria	nigeria	PROPN
escjerps-2131	15	17	economy	economy	NOUN
escjerps-2131	15	18	.	.	PUNCT
escjerps-2131	16	1	scholars	scholar	NOUN
escjerps-2131	16	2	has	have	AUX
escjerps-2131	16	3	not	not	PART
escjerps-2131	16	4	been	be	AUX
escjerps-2131	16	5	able	able	ADJ
escjerps-2131	16	6	to	to	PART
escjerps-2131	16	7	come	come	VERB
escjerps-2131	16	8	to	to	ADP
escjerps-2131	16	9	consensus	consensus	NOUN
escjerps-2131	16	10	on	on	ADP
escjerps-2131	16	11	the	the	DET
escjerps-2131	16	12	topic	topic	NOUN
escjerps-2131	16	13	capital	capital	NOUN
escjerps-2131	16	14	structure	structure	NOUN
escjerps-2131	16	15	with	with	ADP
escjerps-2131	16	16	respect	respect	NOUN
escjerps-2131	16	17	to	to	ADP
escjerps-2131	16	18	performance	performance	NOUN
escjerps-2131	16	19	however	however	ADV
escjerps-2131	16	20	investing	investing	NOUN
escjerps-2131	16	21	activities	activity	NOUN
escjerps-2131	16	22	is	be	AUX
escjerps-2131	16	23	inevitable	inevitable	ADJ
escjerps-2131	16	24	for	for	ADP
escjerps-2131	16	25	operation	operation	NOUN
escjerps-2131	16	26	and	and	CCONJ
escjerps-2131	16	27	survival	survival	NOUN
escjerps-2131	16	28	of	of	ADP
escjerps-2131	16	29	every	every	DET
escjerps-2131	16	30	firm	firm	NOUN
escjerps-2131	16	31	,	,	PUNCT
escjerps-2131	16	32	hence	hence	ADV
escjerps-2131	16	33	for	for	SCONJ
escjerps-2131	16	34	a	a	DET
escjerps-2131	16	35	company	company	NOUN
escjerps-2131	16	36	to	to	PART
escjerps-2131	16	37	operate	operate	VERB
escjerps-2131	16	38	as	as	ADP
escjerps-2131	16	39	a	a	DET
escjerps-2131	16	40	going	go	VERB
escjerps-2131	16	41	concern	concern	NOUN
escjerps-2131	16	42	it	it	PRON
escjerps-2131	16	43	must	must	AUX
escjerps-2131	16	44	evaluate	evaluate	VERB
escjerps-2131	16	45	its	its	PRON
escjerps-2131	16	46	current	current	ADJ
escjerps-2131	16	47	financial	financial	ADJ
escjerps-2131	16	48	structure	structure	NOUN
escjerps-2131	16	49	.	.	PUNCT
escjerps-2131	17	1	just	just	ADV
escjerps-2131	17	2	like	like	ADP
escjerps-2131	17	3	man	man	NOUN
escjerps-2131	17	4	can	can	AUX
escjerps-2131	17	5	not	not	PART
escjerps-2131	17	6	do	do	VERB
escjerps-2131	17	7	without	without	ADP
escjerps-2131	17	8	its	its	PRON
escjerps-2131	17	9	skeletal	skeletal	ADJ
escjerps-2131	17	10	structure	structure	NOUN
escjerps-2131	17	11	in	in	ADP
escjerps-2131	17	12	the	the	DET
escjerps-2131	17	13	same	same	ADJ
escjerps-2131	17	14	vein	vein	NOUN
escjerps-2131	17	15	an	an	DET
escjerps-2131	17	16	entity	entity	NOUN
escjerps-2131	17	17	can	can	AUX
escjerps-2131	17	18	not	not	PART
escjerps-2131	17	19	do	do	VERB
escjerps-2131	17	20	without	without	ADP
escjerps-2131	17	21	its	its	PRON
escjerps-2131	17	22	investing	investing	NOUN
escjerps-2131	17	23	activities	activity	NOUN
escjerps-2131	17	24	because	because	SCONJ
escjerps-2131	17	25	this	this	PRON
escjerps-2131	17	26	is	be	AUX
escjerps-2131	17	27	the	the	DET
escjerps-2131	17	28	foundation	foundation	NOUN
escjerps-2131	17	29	upon	upon	SCONJ
escjerps-2131	17	30	which	which	PRON
escjerps-2131	17	31	an	an	DET
escjerps-2131	17	32	entity	entity	NOUN
escjerps-2131	17	33	is	be	AUX
escjerps-2131	17	34	beingbuilt	beingbuilt	VERB
escjerps-2131	17	35	.	.	PUNCT
escjerps-2131	18	1	the	the	DET
escjerps-2131	18	2	combination	combination	NOUN
escjerps-2131	18	3	of	of	ADP
escjerps-2131	18	4	debt	debt	NOUN
escjerps-2131	18	5	and	and	CCONJ
escjerps-2131	18	6	equity	equity	NOUN
escjerps-2131	18	7	is	be	AUX
escjerps-2131	18	8	a	a	DET
escjerps-2131	18	9	very	very	ADV
escjerps-2131	18	10	critical	critical	ADJ
escjerps-2131	18	11	decision	decision	NOUN
escjerps-2131	18	12	because	because	SCONJ
escjerps-2131	18	13	any	any	DET
escjerps-2131	18	14	wrong	wrong	ADJ
escjerps-2131	18	15	combination	combination	NOUN
escjerps-2131	18	16	will	will	AUX
escjerps-2131	18	17	affect	affect	VERB
escjerps-2131	18	18	the	the	DET
escjerps-2131	18	19	performance	performance	NOUN
escjerps-2131	18	20	and	and	CCONJ
escjerps-2131	18	21	in	in	ADP
escjerps-2131	18	22	the	the	DET
escjerps-2131	18	23	long	long	ADJ
escjerps-2131	18	24	run	run	NOUN
escjerps-2131	18	25	the	the	DET
escjerps-2131	18	26	going	go	VERB
escjerps-2131	18	27	concern	concern	NOUN
escjerps-2131	18	28	of	of	ADP
escjerps-2131	18	29	the	the	DET
escjerps-2131	18	30	firm	firm	NOUN
escjerps-2131	18	31	will	will	AUX
escjerps-2131	18	32	be	be	AUX
escjerps-2131	18	33	threaten	threaten	VERB
escjerps-2131	18	34	i.e.	i.e.	X
escjerps-2131	19	1	it	it	PRON
escjerps-2131	19	2	myth	myth	NOUN
escjerps-2131	19	3	lead	lead	VERB
escjerps-2131	19	4	to	to	ADP
escjerps-2131	19	5	bankruptcy	bankruptcy	NOUN
escjerps-2131	19	6	.	.	PUNCT
escjerps-2131	20	1	before	before	SCONJ
escjerps-2131	20	2	an	an	DET
escjerps-2131	20	3	entity	entity	NOUN
escjerps-2131	20	4	should	should	AUX
escjerps-2131	20	5	decide	decide	VERB
escjerps-2131	20	6	to	to	PART
escjerps-2131	20	7	employ	employ	VERB
escjerps-2131	20	8	debt	debt	NOUN
escjerps-2131	20	9	to	to	PART
escjerps-2131	20	10	finance	finance	VERB
escjerps-2131	20	11	its	its	PRON
escjerps-2131	20	12	operations	operation	NOUN
escjerps-2131	20	13	those	those	PRON
escjerps-2131	20	14	at	at	ADP
escjerps-2131	20	15	the	the	DET
escjerps-2131	20	16	helm	helm	NOUN
escjerps-2131	20	17	of	of	ADP
escjerps-2131	20	18	affair	affair	NOUN
escjerps-2131	20	19	should	should	AUX
escjerps-2131	20	20	first	first	ADV
escjerps-2131	20	21	consider	consider	VERB
escjerps-2131	20	22	the	the	DET
escjerps-2131	20	23	available	available	ADJ
escjerps-2131	20	24	sources	source	NOUN
escjerps-2131	20	25	,	,	PUNCT
escjerps-2131	20	26	the	the	DET
escjerps-2131	20	27	risk	risk	NOUN
escjerps-2131	20	28	attached	attach	VERB
escjerps-2131	20	29	to	to	ADP
escjerps-2131	20	30	the	the	DET
escjerps-2131	20	31	available	available	ADJ
escjerps-2131	20	32	sources	source	NOUN
escjerps-2131	20	33	and	and	CCONJ
escjerps-2131	20	34	the	the	DET
escjerps-2131	20	35	strategic	strategic	ADJ
escjerps-2131	20	36	approach	approach	NOUN
escjerps-2131	20	37	put	put	VERB
escjerps-2131	20	38	in	in	ADP
escjerps-2131	20	39	place	place	NOUN
escjerps-2131	20	40	to	to	PART
escjerps-2131	20	41	manage	manage	VERB
escjerps-2131	20	42	this	this	DET
escjerps-2131	20	43	fund	fund	NOUN
escjerps-2131	20	44	.	.	PUNCT
escjerps-2131	21	1	if	if	SCONJ
escjerps-2131	21	2	proper	proper	ADJ
escjerps-2131	21	3	strategic	strategic	NOUN
escjerps-2131	21	4	is	be	AUX
escjerps-2131	21	5	not	not	PART
escjerps-2131	21	6	design	design	NOUN
escjerps-2131	21	7	before	before	SCONJ
escjerps-2131	21	8	this	this	DET
escjerps-2131	21	9	fund	fund	NOUN
escjerps-2131	21	10	is	be	AUX
escjerps-2131	21	11	sourced	source	VERB
escjerps-2131	21	12	and	and	CCONJ
escjerps-2131	21	13	gotten	get	VERB
escjerps-2131	21	14	it	it	PRON
escjerps-2131	21	15	may	may	AUX
escjerps-2131	21	16	compel	compel	VERB
escjerps-2131	21	17	some	some	DET
escjerps-2131	21	18	firms	firm	NOUN
escjerps-2131	21	19	to	to	PART
escjerps-2131	21	20	engage	engage	VERB
escjerps-2131	21	21	in	in	ADP
escjerps-2131	21	22	improper	improper	ADJ
escjerps-2131	21	23	matching	matching	NOUN
escjerps-2131	21	24	of	of	ADP
escjerps-2131	21	25	its	its	PRON
escjerps-2131	21	26	fund	fund	NOUN
escjerps-2131	21	27	,	,	PUNCT
escjerps-2131	21	28	some	some	DET
escjerps-2131	21	29	myth	myth	NOUN
escjerps-2131	21	30	even	even	ADV
escjerps-2131	21	31	engage	engage	VERB
escjerps-2131	21	32	in	in	ADP
escjerps-2131	21	33	an	an	DET
escjerps-2131	21	34	aggressive	aggressive	ADJ
escjerps-2131	21	35	approach	approach	NOUN
escjerps-2131	21	36	i.e.	i.e.	ADV
escjerps-2131	21	37	using	use	VERB
escjerps-2131	21	38	current	current	ADJ
escjerps-2131	21	39	debt	debt	NOUN
escjerps-2131	21	40	to	to	PART
escjerps-2131	21	41	finance	finance	VERB
escjerps-2131	21	42	non	non	ADJ
escjerps-2131	21	43	-	-	ADJ
escjerps-2131	21	44	current	current	ADJ
escjerps-2131	21	45	capital	capital	NOUN
escjerps-2131	21	46	investment	investment	NOUN
escjerps-2131	21	47	or	or	CCONJ
escjerps-2131	21	48	assets	asset	NOUN
escjerps-2131	21	49	.	.	PUNCT
escjerps-2131	22	1	in	in	ADP
escjerps-2131	22	2	the	the	DET
escjerps-2131	22	3	same	same	ADJ
escjerps-2131	22	4	vein	vein	NOUN
escjerps-2131	22	5	,	,	PUNCT
escjerps-2131	22	6	if	if	SCONJ
escjerps-2131	22	7	the	the	DET
escjerps-2131	22	8	firm	firm	NOUN
escjerps-2131	22	9	decides	decide	VERB
escjerps-2131	22	10	to	to	PART
escjerps-2131	22	11	employ	employ	VERB
escjerps-2131	22	12	equity	equity	NOUN
escjerps-2131	22	13	it	it	PRON
escjerps-2131	22	14	must	must	AUX
escjerps-2131	22	15	consider	consider	VERB
escjerps-2131	22	16	how	how	SCONJ
escjerps-2131	22	17	it	it	PRON
escjerps-2131	22	18	will	will	AUX
escjerps-2131	22	19	maximize	maximize	VERB
escjerps-2131	22	20	the	the	DET
escjerps-2131	22	21	shareholders	shareholder	NOUN
escjerps-2131	22	22	wealth	wealth	NOUN
escjerps-2131	22	23	and	and	CCONJ
escjerps-2131	22	24	at	at	ADP
escjerps-2131	22	25	the	the	DET
escjerps-2131	22	26	same	same	ADJ
escjerps-2131	22	27	time	time	NOUN
escjerps-2131	22	28	knowing	know	VERB
escjerps-2131	22	29	when	when	SCONJ
escjerps-2131	22	30	to	to	PART
escjerps-2131	22	31	distribute	distribute	VERB
escjerps-2131	22	32	dividend	dividend	NOUN
escjerps-2131	22	33	to	to	ADP
escjerps-2131	22	34	its	its	PRON
escjerps-2131	22	35	shareholders	shareholder	NOUN
escjerps-2131	22	36	or	or	CCONJ
escjerps-2131	22	37	retain	retain	VERB
escjerps-2131	22	38	the	the	DET
escjerps-2131	22	39	fund	fund	NOUN
escjerps-2131	22	40	for	for	ADP
escjerps-2131	22	41	future	future	ADJ
escjerps-2131	22	42	investment	investment	NOUN
escjerps-2131	22	43	however	however	ADV
escjerps-2131	22	44	dividend	dividend	NOUN
escjerps-2131	22	45	should	should	AUX
escjerps-2131	22	46	not	not	PART
escjerps-2131	22	47	be	be	AUX
escjerps-2131	22	48	paid	pay	VERB
escjerps-2131	22	49	out	out	ADP
escjerps-2131	22	50	of	of	ADP
escjerps-2131	22	51	capital	capital	NOUN
escjerps-2131	22	52	.	.	PUNCT
escjerps-2131	23	1	if	if	SCONJ
escjerps-2131	23	2	the	the	DET
escjerps-2131	23	3	firm	firm	NOUN
escjerps-2131	23	4	decides	decide	VERB
escjerps-2131	23	5	to	to	PART
escjerps-2131	23	6	employ	employ	VERB
escjerps-2131	23	7	both	both	DET
escjerps-2131	23	8	equity	equity	NOUN
escjerps-2131	23	9	and	and	CCONJ
escjerps-2131	23	10	fund	fund	NOUN
escjerps-2131	23	11	to	to	PART
escjerps-2131	23	12	finance	finance	VERB
escjerps-2131	23	13	its	its	PRON
escjerps-2131	23	14	operation	operation	NOUN
escjerps-2131	23	15	,	,	PUNCT
escjerps-2131	23	16	it	it	PRON
escjerps-2131	23	17	should	should	AUX
escjerps-2131	23	18	be	be	AUX
escjerps-2131	23	19	strategically	strategically	ADV
escjerps-2131	23	20	spell	spell	VERB
escjerps-2131	23	21	out	out	ADP
escjerps-2131	23	22	proportionately	proportionately	ADV
escjerps-2131	23	23	prior	prior	ADV
escjerps-2131	23	24	its	its	PRON
escjerps-2131	23	25	incorporation	incorporation	NOUN
escjerps-2131	23	26	because	because	SCONJ
escjerps-2131	23	27	this	this	PRON
escjerps-2131	23	28	will	will	AUX
escjerps-2131	23	29	help	help	VERB
escjerps-2131	23	30	guide	guide	VERB
escjerps-2131	23	31	against	against	ADP
escjerps-2131	23	32	mismatching	mismatch	VERB
escjerps-2131	23	33	both	both	CCONJ
escjerps-2131	23	34	debt	debt	NOUN
escjerps-2131	23	35	and	and	CCONJ
escjerps-2131	23	36	equity	equity	NOUN
escjerps-2131	23	37	.	.	PUNCT
escjerps-2131	24	1	reason	reason	NOUN
escjerps-2131	24	2	being	be	AUX
escjerps-2131	24	3	that	that	SCONJ
escjerps-2131	24	4	each	each	PRON
escjerps-2131	24	5	of	of	ADP
escjerps-2131	24	6	this	this	DET
escjerps-2131	24	7	element	element	NOUN
escjerps-2131	24	8	of	of	ADP
escjerps-2131	24	9	capital	capital	NOUN
escjerps-2131	24	10	structure	structure	NOUN
escjerps-2131	24	11	has	have	VERB
escjerps-2131	24	12	its	its	PRON
escjerps-2131	24	13	own	own	ADJ
escjerps-2131	24	14	merits	merit	NOUN
escjerps-2131	24	15	and	and	CCONJ
escjerps-2131	24	16	demerits	demerit	VERB
escjerps-2131	24	17	hence	hence	ADV
escjerps-2131	24	18	with	with	ADP
escjerps-2131	24	19	a	a	DET
escjerps-2131	24	20	target	target	NOUN
escjerps-2131	24	21	capital	capital	NOUN
escjerps-2131	24	22	structure	structure	NOUN
escjerps-2131	24	23	already	already	ADV
escjerps-2131	24	24	established	establish	VERB
escjerps-2131	24	25	the	the	DET
escjerps-2131	24	26	firm	firm	NOUN
escjerps-2131	24	27	will	will	AUX
escjerps-2131	24	28	go	go	VERB
escjerps-2131	24	29	for	for	ADP
escjerps-2131	24	30	the	the	DET
escjerps-2131	24	31	cheapest	cheap	ADJ
escjerps-2131	24	32	availablesources	availablesource	NOUN
escjerps-2131	24	33	.	.	PUNCT
escjerps-2131	25	1	akpotohwo	akpotohwo	PROPN
escjerps-2131	25	2	,	,	PUNCT
escjerps-2131	25	3	ayunku	ayunku	NOUN
escjerps-2131	25	4	and	and	CCONJ
escjerps-2131	25	5	ogeibiri	ogeibiri	ADV
escjerps-2131	25	6	(	(	PUNCT
escjerps-2131	25	7	2018	2018	NUM
escjerps-2131	25	8	)	)	PUNCT
escjerps-2131	25	9	the	the	DET
escjerps-2131	25	10	size	size	NOUN
escjerps-2131	25	11	of	of	ADP
escjerps-2131	25	12	a	a	DET
escjerps-2131	25	13	business	business	NOUN
escjerps-2131	25	14	is	be	AUX
escjerps-2131	25	15	determine	determine	NOUN
escjerps-2131	25	16	by	by	ADP
escjerps-2131	25	17	its	its	PRON
escjerps-2131	25	18	capital	capital	NOUN
escjerps-2131	25	19	structure	structure	NOUN
escjerps-2131	25	20	,	,	PUNCT
escjerps-2131	25	21	the	the	DET
escjerps-2131	25	22	firms	firm	NOUN
escjerps-2131	25	23	may	may	AUX
escjerps-2131	25	24	have	have	VERB
escjerps-2131	25	25	various	various	ADJ
escjerps-2131	25	26	sources	source	NOUN
escjerps-2131	25	27	and	and	CCONJ
escjerps-2131	25	28	if	if	SCONJ
escjerps-2131	25	29	proper	proper	ADJ
escjerps-2131	25	30	matching	matching	NOUN
escjerps-2131	25	31	is	be	AUX
escjerps-2131	25	32	done	do	VERB
escjerps-2131	25	33	it	it	PRON
escjerps-2131	25	34	will	will	AUX
escjerps-2131	25	35	result	result	VERB
escjerps-2131	25	36	to	to	ADP
escjerps-2131	25	37	a	a	DET
escjerps-2131	25	38	win	win	NOUN
escjerps-2131	25	39	-	-	PUNCT
escjerps-2131	25	40	win	win	NOUN
escjerps-2131	25	41	for	for	ADP
escjerps-2131	25	42	both	both	DET
escjerps-2131	25	43	shareholders	shareholder	NOUN
escjerps-2131	25	44	and	and	CCONJ
escjerps-2131	25	45	other	other	ADJ
escjerps-2131	25	46	stakeholders	stakeholder	NOUN
escjerps-2131	25	47	such	such	ADJ
escjerps-2131	25	48	as	as	ADP
escjerps-2131	25	49	creditors	creditor	NOUN
escjerps-2131	25	50	this	this	PRON
escjerps-2131	25	51	because	because	SCONJ
escjerps-2131	25	52	while	while	SCONJ
escjerps-2131	25	53	dividend	dividend	NOUN
escjerps-2131	25	54	or	or	CCONJ
escjerps-2131	25	55	capital	capital	NOUN
escjerps-2131	25	56	appreciation	appreciation	NOUN
escjerps-2131	25	57	accrue	accrue	NOUN
escjerps-2131	25	58	to	to	ADP
escjerps-2131	25	59	shareholders	shareholder	NOUN
escjerps-2131	25	60	,	,	PUNCT
escjerps-2131	25	61	the	the	DET
escjerps-2131	25	62	firm	firm	NOUN
escjerps-2131	25	63	is	be	AUX
escjerps-2131	25	64	176	176	NUM
escjerps-2131	26	1	|	|	ADV
escjerps-2131	26	2	p	p	NOUN
escjerps-2131	26	3	a	a	DET
escjerps-2131	26	4	g	g	NOUN
escjerps-2131	26	5	e	e	NOUN
escjerps-2131	26	6	also	also	ADV
escjerps-2131	26	7	able	able	ADJ
escjerps-2131	26	8	to	to	PART
escjerps-2131	26	9	meet	meet	VERB
escjerps-2131	26	10	her	her	PRON
escjerps-2131	26	11	other	other	ADJ
escjerps-2131	26	12	financial	financial	ADJ
escjerps-2131	26	13	obligation	obligation	NOUN
escjerps-2131	26	14	to	to	ADP
escjerps-2131	26	15	its	its	PRON
escjerps-2131	26	16	stakeholders	stakeholder	NOUN
escjerps-2131	26	17	,	,	PUNCT
escjerps-2131	26	18	therefore	therefore	ADV
escjerps-2131	26	19	the	the	DET
escjerps-2131	26	20	value	value	NOUN
escjerps-2131	26	21	of	of	ADP
escjerps-2131	26	22	the	the	DET
escjerps-2131	26	23	firm	firm	NOUN
escjerps-2131	26	24	is	be	AUX
escjerps-2131	26	25	maximized	maximize	VERB
escjerps-2131	26	26	and	and	CCONJ
escjerps-2131	26	27	cost	cost	NOUN
escjerps-2131	26	28	is	be	AUX
escjerps-2131	26	29	minimize	minimize	VERB
escjerps-2131	26	30	with	with	ADP
escjerps-2131	26	31	proper	proper	ADJ
escjerps-2131	26	32	matching	matching	NOUN
escjerps-2131	26	33	.	.	PUNCT
escjerps-2131	27	1	the	the	DET
escjerps-2131	27	2	capitalization	capitalization	NOUN
escjerps-2131	27	3	of	of	ADP
escjerps-2131	27	4	the	the	DET
escjerps-2131	27	5	firm	firm	NOUN
escjerps-2131	27	6	is	be	AUX
escjerps-2131	27	7	a	a	DET
escjerps-2131	27	8	determinant	determinant	NOUN
escjerps-2131	27	9	of	of	ADP
escjerps-2131	27	10	its	its	PRON
escjerps-2131	27	11	capital	capital	NOUN
escjerps-2131	27	12	structure	structure	NOUN
escjerps-2131	27	13	the	the	DET
escjerps-2131	27	14	firm	firm	NOUN
escjerps-2131	27	15	may	may	AUX
escjerps-2131	27	16	decides	decide	VERB
escjerps-2131	27	17	to	to	PART
escjerps-2131	27	18	employ	employ	VERB
escjerps-2131	27	19	equity	equity	NOUN
escjerps-2131	27	20	shares	share	NOUN
escjerps-2131	27	21	,	,	PUNCT
escjerps-2131	27	22	preference	preference	NOUN
escjerps-2131	27	23	shares	share	NOUN
escjerps-2131	27	24	,	,	PUNCT
escjerps-2131	27	25	non	non	ADJ
escjerps-2131	27	26	-	-	ADJ
escjerps-2131	27	27	current	current	ADJ
escjerps-2131	27	28	debt	debt	NOUN
escjerps-2131	27	29	,	,	PUNCT
escjerps-2131	27	30	return	return	VERB
escjerps-2131	27	31	on	on	ADP
escjerps-2131	27	32	equity	equity	NOUN
escjerps-2131	27	33	to	to	PART
escjerps-2131	27	34	mention	mention	VERB
escjerps-2131	27	35	but	but	CCONJ
escjerps-2131	27	36	a	a	DET
escjerps-2131	27	37	few	few	ADJ
escjerps-2131	27	38	however	however	ADV
escjerps-2131	27	39	the	the	DET
escjerps-2131	27	40	onus	onus	NOUN
escjerps-2131	27	41	is	be	AUX
escjerps-2131	27	42	proper	proper	ADJ
escjerps-2131	27	43	matching	matching	NOUN
escjerps-2131	27	44	.	.	PUNCT
escjerps-2131	28	1	most	most	ADJ
escjerps-2131	28	2	reader	reader	NOUN
escjerps-2131	28	3	’s	’s	PART
escjerps-2131	28	4	term	term	NOUN
escjerps-2131	28	5	to	to	PART
escjerps-2131	28	6	mistake	mistake	VERB
escjerps-2131	28	7	financial	financial	ADJ
escjerps-2131	28	8	structure	structure	NOUN
escjerps-2131	28	9	for	for	ADP
escjerps-2131	28	10	capital	capital	NOUN
escjerps-2131	28	11	structure	structure	NOUN
escjerps-2131	28	12	of	of	ADP
escjerps-2131	28	13	a	a	DET
escjerps-2131	28	14	firm	firm	NOUN
escjerps-2131	28	15	,	,	PUNCT
escjerps-2131	28	16	while	while	SCONJ
escjerps-2131	28	17	the	the	DET
escjerps-2131	28	18	later	late	ADJ
escjerps-2131	28	19	deals	deal	NOUN
escjerps-2131	28	20	with	with	ADP
escjerps-2131	28	21	total	total	ADJ
escjerps-2131	28	22	liabilities	liability	NOUN
escjerps-2131	28	23	of	of	ADP
escjerps-2131	28	24	the	the	DET
escjerps-2131	28	25	firm	firm	NOUN
escjerps-2131	28	26	’s	’s	PART
escjerps-2131	28	27	i.e.	i.e.	X
escjerps-2131	28	28	noncurrent	noncurrent	ADJ
escjerps-2131	28	29	debt	debt	NOUN
escjerps-2131	28	30	and	and	CCONJ
escjerps-2131	28	31	current	current	ADJ
escjerps-2131	28	32	debt	debt	NOUN
escjerps-2131	28	33	,	,	PUNCT
escjerps-2131	28	34	the	the	DET
escjerps-2131	28	35	formal	formal	ADJ
escjerps-2131	28	36	only	only	ADJ
escjerps-2131	28	37	deals	deal	NOUN
escjerps-2131	28	38	with	with	ADP
escjerps-2131	28	39	non	non	ADJ
escjerps-2131	28	40	-	-	ADJ
escjerps-2131	28	41	current	current	ADJ
escjerps-2131	28	42	debts	debt	NOUN
escjerps-2131	28	43	.	.	PUNCT
escjerps-2131	29	1	in	in	ADP
escjerps-2131	29	2	the	the	DET
escjerps-2131	29	3	same	same	ADJ
escjerps-2131	29	4	vein	vein	ADJ
escjerps-2131	29	5	proper	proper	ADJ
escjerps-2131	29	6	clarification	clarification	NOUN
escjerps-2131	29	7	must	must	AUX
escjerps-2131	29	8	be	be	AUX
escjerps-2131	29	9	made	make	VERB
escjerps-2131	29	10	between	between	ADP
escjerps-2131	29	11	capitalization	capitalization	NOUN
escjerps-2131	29	12	and	and	CCONJ
escjerps-2131	29	13	capital	capital	NOUN
escjerps-2131	29	14	structure	structure	NOUN
escjerps-2131	29	15	,	,	PUNCT
escjerps-2131	29	16	capital	capital	NOUN
escjerps-2131	29	17	structure	structure	NOUN
escjerps-2131	29	18	is	be	AUX
escjerps-2131	29	19	the	the	DET
escjerps-2131	29	20	combination	combination	NOUN
escjerps-2131	29	21	of	of	ADP
escjerps-2131	29	22	equity	equity	NOUN
escjerps-2131	29	23	shares	share	NOUN
escjerps-2131	29	24	,	,	PUNCT
escjerps-2131	29	25	preference	preference	NOUN
escjerps-2131	29	26	shares	share	NOUN
escjerps-2131	29	27	,	,	PUNCT
escjerps-2131	29	28	debentures	debenture	NOUN
escjerps-2131	29	29	and	and	CCONJ
escjerps-2131	29	30	retained	retain	VERB
escjerps-2131	29	31	earnings	earning	NOUN
escjerps-2131	29	32	,	,	PUNCT
escjerps-2131	29	33	hence	hence	ADV
escjerps-2131	29	34	prior	prior	ADJ
escjerps-2131	29	35	operations	operation	NOUN
escjerps-2131	29	36	or	or	CCONJ
escjerps-2131	29	37	the	the	DET
escjerps-2131	29	38	accounting	accounting	NOUN
escjerps-2131	29	39	year	year	NOUN
escjerps-2131	29	40	of	of	ADP
escjerps-2131	29	41	a	a	DET
escjerps-2131	29	42	firm	firm	NOUN
escjerps-2131	29	43	,	,	PUNCT
escjerps-2131	29	44	the	the	DET
escjerps-2131	29	45	combination	combination	NOUN
escjerps-2131	29	46	of	of	ADP
escjerps-2131	29	47	equity	equity	NOUN
escjerps-2131	29	48	share	share	NOUN
escjerps-2131	29	49	and	and	CCONJ
escjerps-2131	29	50	non	non	ADJ
escjerps-2131	29	51	-	-	ADJ
escjerps-2131	29	52	current	current	ADJ
escjerps-2131	29	53	debt	debt	NOUN
escjerps-2131	29	54	of	of	ADP
escjerps-2131	29	55	the	the	DET
escjerps-2131	29	56	firm	firm	NOUN
escjerps-2131	29	57	is	be	AUX
escjerps-2131	29	58	the	the	DET
escjerps-2131	29	59	capital	capital	NOUN
escjerps-2131	29	60	base	base	NOUN
escjerps-2131	29	61	or	or	CCONJ
escjerps-2131	29	62	capitalization	capitalization	NOUN
escjerps-2131	29	63	,	,	PUNCT
escjerps-2131	29	64	if	if	SCONJ
escjerps-2131	29	65	proper	proper	ADJ
escjerps-2131	29	66	emphasized	emphasize	VERB
escjerps-2131	29	67	is	be	AUX
escjerps-2131	29	68	not	not	PART
escjerps-2131	29	69	made	make	VERB
escjerps-2131	29	70	and	and	CCONJ
escjerps-2131	29	71	stated	state	VERB
escjerps-2131	29	72	it	it	PRON
escjerps-2131	29	73	may	may	AUX
escjerps-2131	29	74	result	result	VERB
escjerps-2131	29	75	to	to	ADP
escjerps-2131	29	76	a	a	DET
escjerps-2131	29	77	wrong	wrong	ADJ
escjerps-2131	29	78	capital	capital	NOUN
escjerps-2131	29	79	structure	structure	NOUN
escjerps-2131	29	80	formation	formation	NOUN
escjerps-2131	29	81	and	and	CCONJ
escjerps-2131	29	82	computation	computation	NOUN
escjerps-2131	29	83	.	.	PUNCT
escjerps-2131	30	1	every	every	DET
escjerps-2131	30	2	financial	financial	ADJ
escjerps-2131	30	3	manager	manager	NOUN
escjerps-2131	30	4	is	be	AUX
escjerps-2131	30	5	faced	face	VERB
escjerps-2131	30	6	with	with	ADP
escjerps-2131	30	7	three	three	NUM
escjerps-2131	30	8	most	most	ADV
escjerps-2131	30	9	critical	critical	ADJ
escjerps-2131	30	10	decisions	decision	NOUN
escjerps-2131	30	11	which	which	PRON
escjerps-2131	30	12	are	be	AUX
escjerps-2131	30	13	;	;	PUNCT
escjerps-2131	30	14	what	what	DET
escjerps-2131	30	15	investment	investment	NOUN
escjerps-2131	30	16	should	should	AUX
escjerps-2131	30	17	the	the	DET
escjerps-2131	30	18	firm	firm	NOUN
escjerps-2131	30	19	proposed	propose	VERB
escjerps-2131	30	20	resources	resource	NOUN
escjerps-2131	30	21	be	be	AUX
escjerps-2131	30	22	invested	invest	VERB
escjerps-2131	30	23	in	in	ADP
escjerps-2131	30	24	,	,	PUNCT
escjerps-2131	30	25	this	this	PRON
escjerps-2131	30	26	must	must	AUX
escjerps-2131	30	27	be	be	AUX
escjerps-2131	30	28	strategically	strategically	ADV
escjerps-2131	30	29	stated	state	VERB
escjerps-2131	30	30	before	before	ADP
escjerps-2131	30	31	he	he	PRON
escjerps-2131	30	32	/	/	PUNCT
escjerps-2131	30	33	she	she	PRON
escjerps-2131	30	34	can	can	AUX
escjerps-2131	30	35	move	move	VERB
escjerps-2131	30	36	to	to	ADP
escjerps-2131	30	37	the	the	DET
escjerps-2131	30	38	next	next	ADJ
escjerps-2131	30	39	critical	critical	ADJ
escjerps-2131	30	40	decision	decision	NOUN
escjerps-2131	30	41	;	;	PUNCT
escjerps-2131	30	42	where	where	SCONJ
escjerps-2131	30	43	can	can	AUX
escjerps-2131	30	44	this	this	DET
escjerps-2131	30	45	fund	fund	NOUN
escjerps-2131	30	46	/	/	SYM
escjerps-2131	30	47	resources	resource	NOUN
escjerps-2131	30	48	be	be	AUX
escjerps-2131	30	49	gotten	get	VERB
escjerps-2131	30	50	putting	put	VERB
escjerps-2131	30	51	in	in	ADP
escjerps-2131	30	52	mind	mind	NOUN
escjerps-2131	30	53	risk	risk	NOUN
escjerps-2131	30	54	minimization	minimization	NOUN
escjerps-2131	30	55	and	and	CCONJ
escjerps-2131	30	56	the	the	DET
escjerps-2131	30	57	available	available	ADJ
escjerps-2131	30	58	cheapest	cheap	ADJ
escjerps-2131	30	59	sources	source	NOUN
escjerps-2131	30	60	;	;	PUNCT
escjerps-2131	30	61	and	and	CCONJ
escjerps-2131	30	62	the	the	DET
escjerps-2131	30	63	manager	manager	NOUN
escjerps-2131	30	64	must	must	AUX
escjerps-2131	30	65	also	also	ADV
escjerps-2131	30	66	put	put	VERB
escjerps-2131	30	67	in	in	ADP
escjerps-2131	30	68	place	place	NOUN
escjerps-2131	30	69	strategic	strategic	ADJ
escjerps-2131	30	70	procedure	procedure	NOUN
escjerps-2131	30	71	on	on	ADP
escjerps-2131	30	72	how	how	SCONJ
escjerps-2131	30	73	to	to	PART
escjerps-2131	30	74	manage	manage	VERB
escjerps-2131	30	75	this	this	DET
escjerps-2131	30	76	fund	fund	NOUN
escjerps-2131	30	77	so	so	SCONJ
escjerps-2131	30	78	that	that	DET
escjerps-2131	30	79	firm	firm	NOUN
escjerps-2131	30	80	can	can	AUX
escjerps-2131	30	81	meet	meet	VERB
escjerps-2131	30	82	up	up	ADP
escjerps-2131	30	83	to	to	ADP
escjerps-2131	30	84	its	its	PRON
escjerps-2131	30	85	financial	financial	ADJ
escjerps-2131	30	86	obligation	obligation	NOUN
escjerps-2131	30	87	to	to	ADP
escjerps-2131	30	88	all	all	DET
escjerps-2131	30	89	stakeholders	stakeholder	NOUN
escjerps-2131	30	90	.	.	PUNCT
escjerps-2131	31	1	ross	ross	PROPN
escjerps-2131	31	2	,	,	PUNCT
escjerps-2131	31	3	westerfield	westerfield	PROPN
escjerps-2131	31	4	and	and	CCONJ
escjerps-2131	31	5	jordan	jordan	PROPN
escjerps-2131	31	6	(	(	PUNCT
escjerps-2131	31	7	2008	2008	NUM
escjerps-2131	31	8	)	)	PUNCT
escjerps-2131	31	9	capital	capital	NOUN
escjerps-2131	31	10	structure	structure	NOUN
escjerps-2131	31	11	is	be	AUX
escjerps-2131	31	12	the	the	DET
escjerps-2131	31	13	combination	combination	NOUN
escjerps-2131	31	14	of	of	ADP
escjerps-2131	31	15	equity	equity	NOUN
escjerps-2131	31	16	and	and	CCONJ
escjerps-2131	31	17	debt	debt	NOUN
escjerps-2131	31	18	owned	own	VERB
escjerps-2131	31	19	by	by	ADP
escjerps-2131	31	20	a	a	DET
escjerps-2131	31	21	particular	particular	ADJ
escjerps-2131	31	22	entity	entity	NOUN
escjerps-2131	31	23	,	,	PUNCT
escjerps-2131	31	24	at	at	ADP
escjerps-2131	31	25	particular	particular	ADJ
escjerps-2131	31	26	stage	stage	NOUN
escjerps-2131	31	27	of	of	ADP
escjerps-2131	31	28	firm	firm	ADJ
escjerps-2131	31	29	life	life	NOUN
escjerps-2131	31	30	cycle	cycle	NOUN
escjerps-2131	31	31	it	it	PRON
escjerps-2131	31	32	will	will	AUX
escjerps-2131	31	33	need	need	VERB
escjerps-2131	31	34	funds	fund	NOUN
escjerps-2131	31	35	and	and	CCONJ
escjerps-2131	31	36	the	the	DET
escjerps-2131	31	37	size	size	NOUN
escjerps-2131	31	38	and	and	CCONJ
escjerps-2131	31	39	the	the	DET
escjerps-2131	31	40	life	life	NOUN
escjerps-2131	31	41	span	span	NOUN
escjerps-2131	31	42	of	of	ADP
escjerps-2131	31	43	the	the	DET
escjerps-2131	31	44	firm	firm	NOUN
escjerps-2131	31	45	will	will	AUX
escjerps-2131	31	46	help	help	VERB
escjerps-2131	31	47	determine	determine	VERB
escjerps-2131	31	48	whether	whether	SCONJ
escjerps-2131	31	49	to	to	PART
escjerps-2131	31	50	borrow	borrow	VERB
escjerps-2131	31	51	,	,	PUNCT
escjerps-2131	31	52	divest	divest	VERB
escjerps-2131	31	53	or	or	CCONJ
escjerps-2131	31	54	engaged	engage	VERB
escjerps-2131	31	55	in	in	ADP
escjerps-2131	31	56	both	both	DET
escjerps-2131	31	57	process	process	NOUN
escjerps-2131	31	58	,	,	PUNCT
escjerps-2131	31	59	this	this	DET
escjerps-2131	31	60	decision	decision	NOUN
escjerps-2131	31	61	in	in	ADP
escjerps-2131	31	62	long	long	ADJ
escjerps-2131	31	63	run	run	NOUN
escjerps-2131	31	64	may	may	AUX
escjerps-2131	31	65	lead	lead	VERB
escjerps-2131	31	66	to	to	ADP
escjerps-2131	31	67	capital	capital	NOUN
escjerps-2131	31	68	restructuring	restructuring	NOUN
escjerps-2131	31	69	i.e.	i.e.	X
escjerps-2131	31	70	this	this	PRON
escjerps-2131	31	71	occurs	occur	VERB
escjerps-2131	31	72	when	when	SCONJ
escjerps-2131	31	73	the	the	DET
escjerps-2131	31	74	entity	entity	NOUN
escjerps-2131	31	75	change	change	VERB
escjerps-2131	31	76	one	one	NUM
escjerps-2131	31	77	of	of	ADP
escjerps-2131	31	78	its	its	PRON
escjerps-2131	31	79	capital	capital	NOUN
escjerps-2131	31	80	structure	structure	NOUN
escjerps-2131	31	81	without	without	ADP
escjerps-2131	31	82	affecting	affect	VERB
escjerps-2131	31	83	its	its	PRON
escjerps-2131	31	84	total	total	ADJ
escjerps-2131	31	85	assets	asset	NOUN
escjerps-2131	31	86	structure	structure	NOUN
escjerps-2131	31	87	,	,	PUNCT
escjerps-2131	31	88	therefore	therefore	ADV
escjerps-2131	31	89	if	if	SCONJ
escjerps-2131	31	90	a	a	DET
escjerps-2131	31	91	firm	firm	ADJ
escjerps-2131	31	92	capital	capital	NOUN
escjerps-2131	31	93	structure	structure	NOUN
escjerps-2131	31	94	decision	decision	NOUN
escjerps-2131	31	95	is	be	AUX
escjerps-2131	31	96	not	not	PART
escjerps-2131	31	97	careful	careful	ADJ
escjerps-2131	31	98	planned	plan	VERB
escjerps-2131	31	99	the	the	DET
escjerps-2131	31	100	value	value	NOUN
escjerps-2131	31	101	of	of	ADP
escjerps-2131	31	102	the	the	DET
escjerps-2131	31	103	firm	firm	NOUN
escjerps-2131	31	104	will	will	AUX
escjerps-2131	31	105	beaffected	beaffecte	VERB
escjerps-2131	31	106	.	.	PUNCT
escjerps-2131	32	1	oil	oil	NOUN
escjerps-2131	32	2	and	and	CCONJ
escjerps-2131	32	3	gas	gas	NOUN
escjerps-2131	32	4	sector	sector	NOUN
escjerps-2131	32	5	as	as	ADP
escjerps-2131	32	6	at	at	ADP
escjerps-2131	32	7	the	the	DET
escjerps-2131	32	8	time	time	NOUN
escjerps-2131	32	9	of	of	ADP
escjerps-2131	32	10	carrying	carry	VERB
escjerps-2131	32	11	out	out	ADP
escjerps-2131	32	12	this	this	DET
escjerps-2131	32	13	research	research	NOUN
escjerps-2131	32	14	there	there	ADV
escjerps-2131	32	15	where	where	SCONJ
escjerps-2131	32	16	twelve	twelve	NUM
escjerps-2131	32	17	(	(	PUNCT
escjerps-2131	32	18	12	12	NUM
escjerps-2131	32	19	)	)	PUNCT
escjerps-2131	32	20	firms	firm	NOUN
escjerps-2131	32	21	listed	list	VERB
escjerps-2131	32	22	on	on	ADP
escjerps-2131	32	23	the	the	DET
escjerps-2131	32	24	nigeria	nigeria	PROPN
escjerps-2131	32	25	exchange	exchange	PROPN
escjerps-2131	32	26	group	group	PROPN
escjerps-2131	32	27	(	(	PUNCT
escjerps-2131	32	28	neg	neg	PROPN
escjerps-2131	32	29	)	)	PUNCT
escjerps-2131	32	30	and	and	CCONJ
escjerps-2131	32	31	most	most	ADJ
escjerps-2131	32	32	of	of	ADP
escjerps-2131	32	33	them	they	PRON
escjerps-2131	32	34	engaged	engage	VERB
escjerps-2131	32	35	in	in	ADP
escjerps-2131	32	36	both	both	CCONJ
escjerps-2131	32	37	upstream	upstream	ADJ
escjerps-2131	32	38	and	and	CCONJ
escjerps-2131	32	39	downstream	downstream	ADJ
escjerps-2131	32	40	activities	activity	NOUN
escjerps-2131	32	41	they	they	PRON
escjerps-2131	32	42	are	be	AUX
escjerps-2131	32	43	:	:	PUNCT
escjerps-2131	32	44	11	11	NUM
escjerps-2131	32	45	plc	plc	NOUN
escjerps-2131	32	46	;	;	PUNCT
escjerps-2131	32	47	anino	anino	PROPN
escjerps-2131	32	48	international	international	PROPN
escjerps-2131	32	49	plc	plc	PROPN
escjerps-2131	32	50	;	;	PUNCT
escjerps-2131	32	51	capital	capital	PROPN
escjerps-2131	32	52	oil	oil	PROPN
escjerps-2131	32	53	plc	plc	PROPN
escjerps-2131	32	54	;	;	PUNCT
escjerps-2131	32	55	conoil	conoil	PROPN
escjerps-2131	32	56	plc	plc	PROPN
escjerps-2131	32	57	;	;	PUNCT
escjerps-2131	32	58	eterna	eterna	PROPN
escjerps-2131	32	59	plc	plc	PROPN
escjerps-2131	32	60	;	;	PUNCT
escjerps-2131	32	61	forte	forte	PROPN
escjerps-2131	32	62	oil	oil	PROPN
escjerps-2131	32	63	plc	plc	PROPN
escjerps-2131	32	64	;	;	PUNCT
escjerps-2131	32	65	japaul	japaul	PROPN
escjerps-2131	32	66	oil	oil	PROPN
escjerps-2131	32	67	&	&	CCONJ
escjerps-2131	32	68	maritime	maritime	PROPN
escjerps-2131	32	69	servicesplc	servicesplc	PROPN
escjerps-2131	32	70	;	;	PUNCT
escjerps-2131	32	71	mrs	mrs	PROPN
escjerps-2131	32	72	oil	oil	PROPN
escjerps-2131	32	73	nigeria	nigeria	PROPN
escjerps-2131	32	74	plc	plc	PROPN
escjerps-2131	32	75	;	;	PUNCT
escjerps-2131	32	76	oando	oando	PROPN
escjerps-2131	32	77	plc	plc	PROPN
escjerps-2131	32	78	;	;	PUNCT
escjerps-2131	32	79	rak	rak	PROPN
escjerps-2131	32	80	unity	unity	NOUN
escjerps-2131	32	81	pet	pet	NOUN
escjerps-2131	32	82	.	.	PUNCT
escjerps-2131	33	1	comp	comp	PROPN
escjerps-2131	33	2	.	.	PUNCT
escjerps-2131	34	1	plc	plc	PROPN
escjerps-2131	34	2	;	;	PUNCT
escjerps-2131	34	3	seplat	seplat	ADJ
escjerps-2131	34	4	petroleum	petroleum	NOUN
escjerps-2131	34	5	development	development	PROPN
escjerps-2131	34	6	company	company	PROPN
escjerps-2131	34	7	plc	plc	PROPN
escjerps-2131	34	8	and	and	CCONJ
escjerps-2131	34	9	total	total	PROPN
escjerps-2131	34	10	nigeria	nigeria	PROPN
escjerps-2131	34	11	plc	plc	PROPN
escjerps-2131	34	12	this	this	DET
escjerps-2131	34	13	companies	company	NOUN
escjerps-2131	34	14	are	be	AUX
escjerps-2131	34	15	engaged	engage	VERB
escjerps-2131	34	16	either	either	CCONJ
escjerps-2131	34	17	in	in	ADP
escjerps-2131	34	18	one	one	NUM
escjerps-2131	34	19	of	of	ADP
escjerps-2131	34	20	these	these	DET
escjerps-2131	34	21	activities	activity	NOUN
escjerps-2131	34	22	:	:	PUNCT
escjerps-2131	34	23	coal	coal	NOUN
escjerps-2131	34	24	extraction	extraction	NOUN
escjerps-2131	34	25	;	;	PUNCT
escjerps-2131	34	26	coal	coal	NOUN
escjerps-2131	34	27	and	and	CCONJ
escjerps-2131	34	28	coal	coal	NOUN
escjerps-2131	34	29	products	product	NOUN
escjerps-2131	34	30	distributors	distributor	NOUN
escjerps-2131	34	31	;	;	PUNCT
escjerps-2131	34	32	crude	crude	ADJ
escjerps-2131	34	33	oil	oil	NOUN
escjerps-2131	34	34	and	and	CCONJ
escjerps-2131	34	35	natural	natural	ADJ
escjerps-2131	34	36	;	;	PUNCT
escjerps-2131	34	37	gas	gas	NOUN
escjerps-2131	34	38	extraction	extraction	NOUN
escjerps-2131	34	39	;	;	PUNCT
escjerps-2131	34	40	petroleum	petroleum	NOUN
escjerps-2131	34	41	refining	refining	NOUN
escjerps-2131	34	42	;	;	PUNCT
escjerps-2131	34	43	petroleum	petroleum	NOUN
escjerps-2131	34	44	and	and	CCONJ
escjerps-2131	34	45	petroleum	petroleum	NOUN
escjerps-2131	34	46	products	product	NOUN
escjerps-2131	34	47	distributors	distributor	NOUN
escjerps-2131	34	48	;	;	PUNCT
escjerps-2131	34	49	petroleum	petroleum	NOUN
escjerps-2131	34	50	bulk	bulk	NOUN
escjerps-2131	34	51	stations	station	NOUN
escjerps-2131	34	52	and	and	CCONJ
escjerps-2131	34	53	terminals	terminal	NOUN
escjerps-2131	34	54	;	;	PUNCT
escjerps-2131	34	55	gasoline	gasoline	NOUN
escjerps-2131	34	56	stations	station	NOUN
escjerps-2131	34	57	;	;	PUNCT
escjerps-2131	34	58	energy	energy	NOUN
escjerps-2131	34	59	equipment	equipment	NOUN
escjerps-2131	34	60	and	and	CCONJ
escjerps-2131	34	61	services	service	NOUN
escjerps-2131	34	62	;	;	PUNCT
escjerps-2131	34	63	field	field	NOUN
escjerps-2131	34	64	services	service	NOUN
escjerps-2131	34	65	;	;	PUNCT
escjerps-2131	34	66	and	and	CCONJ
escjerps-2131	34	67	integrated	integrated	ADJ
escjerps-2131	34	68	oil	oil	NOUN
escjerps-2131	34	69	and	and	CCONJ
escjerps-2131	34	70	gas	gas	NOUN
escjerps-2131	34	71	services	service	NOUN
escjerps-2131	34	72	or	or	CCONJ
escjerps-2131	34	73	the	the	DET
escjerps-2131	34	74	other	other	ADJ
escjerps-2131	34	75	.	.	PUNCT
escjerps-2131	35	1	nse	nse	NOUN
escjerps-2131	35	2	(	(	PUNCT
escjerps-2131	35	3	2020	2020	NUM
escjerps-2131	35	4	)	)	PUNCT
escjerps-2131	35	5	the	the	DET
escjerps-2131	35	6	companies	company	NOUN
escjerps-2131	35	7	listed	list	VERB
escjerps-2131	35	8	this	this	DET
escjerps-2131	35	9	sector	sector	NOUN
escjerps-2131	35	10	are	be	AUX
escjerps-2131	35	11	involved	involve	VERB
escjerps-2131	35	12	in	in	ADP
escjerps-2131	35	13	operating	operate	VERB
escjerps-2131	35	14	,	,	PUNCT
escjerps-2131	35	15	developing	develop	VERB
escjerps-2131	35	16	oil	oil	NOUN
escjerps-2131	35	17	and	and	CCONJ
escjerps-2131	35	18	gas	gas	NOUN
escjerps-2131	35	19	field	field	NOUN
escjerps-2131	35	20	properties	property	NOUN
escjerps-2131	35	21	and	and	CCONJ
escjerps-2131	35	22	,	,	PUNCT
escjerps-2131	35	23	the	the	DET
escjerps-2131	35	24	mainly	mainly	ADV
escjerps-2131	35	25	involved	involve	VERB
escjerps-2131	35	26	in	in	ADP
escjerps-2131	35	27	discovering	discover	VERB
escjerps-2131	35	28	,	,	PUNCT
escjerps-2131	35	29	recovering	recover	VERB
escjerps-2131	35	30	and	and	CCONJ
escjerps-2131	35	31	production	production	NOUN
escjerps-2131	35	32	of	of	ADP
escjerps-2131	35	33	liquid	liquid	ADJ
escjerps-2131	35	34	hydrocarbons	hydrocarbon	NOUN
escjerps-2131	35	35	from	from	ADP
escjerps-2131	35	36	oil	oil	NOUN
escjerps-2131	35	37	and	and	CCONJ
escjerps-2131	35	38	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngmobil00007	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngmobil00007	ADJ
escjerps-2131	35	39	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngcapoil0007	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngcapoil0007	PROPN
escjerps-2131	35	40	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngcapoil0007	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngcapoil0007	PROPN
escjerps-2131	35	41	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngconoil0003	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngconoil0003	PROPN
escjerps-2131	35	42	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngjapauloil4	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngjapauloil4	VERB
escjerps-2131	35	43	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngjapauloil4	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngjapauloil4	VERB
escjerps-2131	35	44	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngoando00002	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngoando00002	NOUN
escjerps-2131	35	45	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngseplat0008	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngseplat0008	NOUN
escjerps-2131	35	46	177	177	NUM
escjerps-2131	36	1	|	|	ADV
escjerps-2131	36	2	p	p	NOUN
escjerps-2131	36	3	a	a	DET
escjerps-2131	36	4	g	g	NOUN
escjerps-2131	36	5	e	e	NOUN
escjerps-2131	36	6	gas	gas	NOUN
escjerps-2131	36	7	fields	field	NOUN
escjerps-2131	36	8	.	.	PUNCT
escjerps-2131	37	1	they	they	PRON
escjerps-2131	37	2	are	be	AUX
escjerps-2131	37	3	involved	involve	VERB
escjerps-2131	37	4	in	in	ADP
escjerps-2131	37	5	exploration	exploration	NOUN
escjerps-2131	37	6	,	,	PUNCT
escjerps-2131	37	7	production	production	NOUN
escjerps-2131	37	8	,	,	PUNCT
escjerps-2131	37	9	refining	refining	NOUN
escjerps-2131	37	10	,	,	PUNCT
escjerps-2131	37	11	marketing	marketing	NOUN
escjerps-2131	37	12	and	and	CCONJ
escjerps-2131	37	13	transportation	transportation	NOUN
escjerps-2131	37	14	of	of	ADP
escjerps-2131	37	15	the	the	DET
escjerps-2131	37	16	oil	oil	NOUN
escjerps-2131	37	17	and	and	CCONJ
escjerps-2131	37	18	gas	gas	NOUN
escjerps-2131	37	19	product	product	NOUN
escjerps-2131	37	20	to	to	ADP
escjerps-2131	37	21	the	the	DET
escjerps-2131	37	22	needed	need	VERB
escjerps-2131	37	23	users	user	NOUN
escjerps-2131	37	24	,	,	PUNCT
escjerps-2131	37	25	the	the	DET
escjerps-2131	37	26	most	most	ADV
escjerps-2131	37	27	capitalized	capitalize	VERB
escjerps-2131	37	28	and	and	CCONJ
escjerps-2131	37	29	liquid	liquid	ADJ
escjerps-2131	37	30	companies	company	NOUN
escjerps-2131	37	31	as	as	ADP
escjerps-2131	37	32	at	at	ADP
escjerps-2131	37	33	the	the	DET
escjerps-2131	37	34	time	time	NOUN
escjerps-2131	37	35	of	of	ADP
escjerps-2131	37	36	carry	carry	VERB
escjerps-2131	37	37	this	this	DET
escjerps-2131	37	38	research	research	NOUN
escjerps-2131	37	39	are	be	AUX
escjerps-2131	37	40	:	:	PUNCT
escjerps-2131	37	41	conoil	conoil	PROPN
escjerps-2131	37	42	plc	plc	PROPN
escjerps-2131	37	43	;	;	PUNCT
escjerps-2131	37	44	ardova	ardova	PROPN
escjerps-2131	37	45	plc	plc	PROPN
escjerps-2131	37	46	;	;	PUNCT
escjerps-2131	37	47	mobil	mobil	PROPN
escjerps-2131	37	48	plc	plc	PROPN
escjerps-2131	37	49	;	;	PUNCT
escjerps-2131	37	50	mrs	mrs	PROPN
escjerps-2131	37	51	plc	plc	PROPN
escjerps-2131	37	52	;	;	PUNCT
escjerps-2131	37	53	oando	oando	PROPN
escjerps-2131	37	54	plc	plc	PROPN
escjerps-2131	37	55	;	;	PUNCT
escjerps-2131	37	56	total	total	PROPN
escjerps-2131	37	57	plc	plc	PROPN
escjerps-2131	37	58	;	;	PUNCT
escjerps-2131	37	59	and	and	CCONJ
escjerps-2131	37	60	seplate	seplate	VERB
escjerps-2131	37	61	with	with	ADP
escjerps-2131	37	62	following	follow	VERB
escjerps-2131	37	63	capitalization	capitalization	NOUN
escjerps-2131	37	64	n12,438,395,473.65	n12,438,395,473.65	PROPN
escjerps-2131	37	65	;	;	PUNCT
escjerps-2131	37	66	n16,992,583,868.74	n16,992,583,868.74	PROPN
escjerps-2131	37	67	;	;	PUNCT
escjerps-2131	37	68	n82,687,963,836.65	n82,687,963,836.65	NUM
escjerps-2131	37	69	;	;	PUNCT
escjerps-2131	37	70	n4,459,949,671.47	n4,459,949,671.47	NOUN
escjerps-2131	37	71	;	;	PUNCT
escjerps-2131	37	72	n29,660,708,926.97;n31,924,397,613.44	n29,660,708,926.97;n31,924,397,613.44	NOUN
escjerps-2131	37	73	and	and	CCONJ
escjerps-2131	37	74	n204	n204	PROPN
escjerps-2131	37	75	,	,	PUNCT
escjerps-2131	37	76	821,472,713.20	821,472,713.20	NUM
escjerps-2131	37	77	,	,	PUNCT
escjerps-2131	37	78	thus	thus	ADV
escjerps-2131	37	79	far	far	ADV
escjerps-2131	37	80	seplate	seplate	PROPN
escjerps-2131	37	81	plc	plc	PROPN
escjerps-2131	37	82	is	be	AUX
escjerps-2131	37	83	most	most	ADV
escjerps-2131	37	84	capitalized	capitalize	VERB
escjerps-2131	37	85	among	among	ADP
escjerps-2131	37	86	the	the	DET
escjerps-2131	37	87	listed	list	VERB
escjerps-2131	37	88	firms	firm	NOUN
escjerps-2131	37	89	on	on	ADP
escjerps-2131	37	90	the	the	DET
escjerps-2131	37	91	nigeria	nigeria	PROPN
escjerps-2131	37	92	exchange	exchange	PROPN
escjerps-2131	37	93	group	group	NOUN
escjerps-2131	37	94	as	as	SCONJ
escjerps-2131	37	95	stated	state	VERB
escjerps-2131	37	96	above	above	ADV
escjerps-2131	37	97	.	.	PUNCT
escjerps-2131	38	1	scholars	scholar	NOUN
escjerps-2131	38	2	have	have	AUX
escjerps-2131	38	3	not	not	PART
escjerps-2131	38	4	be	be	AUX
escjerps-2131	38	5	able	able	ADJ
escjerps-2131	38	6	to	to	PART
escjerps-2131	38	7	come	come	VERB
escjerps-2131	38	8	to	to	ADP
escjerps-2131	38	9	a	a	DET
escjerps-2131	38	10	consensus	consensus	NOUN
escjerps-2131	38	11	on	on	ADP
escjerps-2131	38	12	issue	issue	NOUN
escjerps-2131	38	13	of	of	ADP
escjerps-2131	38	14	capital	capital	NOUN
escjerps-2131	38	15	structure	structure	NOUN
escjerps-2131	38	16	etale	etale	NOUN
escjerps-2131	38	17	and	and	CCONJ
escjerps-2131	38	18	uzakah	uzakah	PROPN
escjerps-2131	38	19	(	(	PUNCT
escjerps-2131	38	20	2019	2019	NUM
escjerps-2131	38	21	)	)	PUNCT
escjerps-2131	38	22	opined	opine	VERB
escjerps-2131	38	23	that	that	SCONJ
escjerps-2131	38	24	capital	capital	NOUN
escjerps-2131	38	25	structure	structure	NOUN
escjerps-2131	38	26	has	have	VERB
escjerps-2131	38	27	no	no	DET
escjerps-2131	38	28	significant	significant	ADJ
escjerps-2131	38	29	effect	effect	NOUN
escjerps-2131	38	30	on	on	ADP
escjerps-2131	38	31	firm	firm	ADJ
escjerps-2131	38	32	performance	performance	NOUN
escjerps-2131	38	33	however	however	ADV
escjerps-2131	38	34	kpolode	kpolode	PROPN
escjerps-2131	38	35	;	;	PUNCT
escjerps-2131	38	36	edoumiekumo	edoumiekumo	ADJ
escjerps-2131	38	37	and	and	CCONJ
escjerps-2131	38	38	alfred	alfred	PROPN
escjerps-2131	38	39	(	(	PUNCT
escjerps-2131	38	40	2020	2020	NUM
escjerps-2131	38	41	)	)	PUNCT
escjerps-2131	38	42	,	,	PUNCT
escjerps-2131	38	43	etale	etale	NOUN
escjerps-2131	38	44	,	,	PUNCT
escjerps-2131	38	45	edoumiekumo	edoumiekumo	NOUN
escjerps-2131	38	46	,	,	PUNCT
escjerps-2131	38	47	kpolode	kpolode	NOUN
escjerps-2131	38	48	,	,	PUNCT
escjerps-2131	38	49	and	and	CCONJ
escjerps-2131	38	50	nkak	nkak	ADJ
escjerps-2131	38	51	(	(	PUNCT
escjerps-2131	38	52	2020	2020	NUM
escjerps-2131	38	53	)	)	PUNCT
escjerps-2131	38	54	opined	opine	VERB
escjerps-2131	38	55	that	that	SCONJ
escjerps-2131	38	56	capital	capital	NOUN
escjerps-2131	38	57	structure	structure	NOUN
escjerps-2131	38	58	has	have	VERB
escjerps-2131	38	59	a	a	DET
escjerps-2131	38	60	significant	significant	ADJ
escjerps-2131	38	61	impact	impact	NOUN
escjerps-2131	38	62	on	on	ADP
escjerps-2131	38	63	a	a	DET
escjerps-2131	38	64	firm	firm	ADJ
escjerps-2131	38	65	performance	performance	NOUN
escjerps-2131	38	66	.	.	PUNCT
escjerps-2131	39	1	the	the	DET
escjerps-2131	39	2	firms	firm	NOUN
escjerps-2131	39	3	under	under	ADP
escjerps-2131	39	4	study	study	NOUN
escjerps-2131	39	5	play	play	VERB
escjerps-2131	39	6	a	a	DET
escjerps-2131	39	7	great	great	ADJ
escjerps-2131	39	8	role	role	NOUN
escjerps-2131	39	9	in	in	ADP
escjerps-2131	39	10	nigeria	nigeria	PROPN
escjerps-2131	39	11	economy	economy	NOUN
escjerps-2131	39	12	,	,	PUNCT
escjerps-2131	39	13	this	this	PRON
escjerps-2131	39	14	is	be	AUX
escjerps-2131	39	15	due	due	ADJ
escjerps-2131	39	16	to	to	ADP
escjerps-2131	39	17	the	the	DET
escjerps-2131	39	18	fact	fact	NOUN
escjerps-2131	39	19	that	that	SCONJ
escjerps-2131	39	20	a	a	DET
escjerps-2131	39	21	large	large	ADJ
escjerps-2131	39	22	proportion	proportion	NOUN
escjerps-2131	39	23	of	of	ADP
escjerps-2131	39	24	her	her	PRON
escjerps-2131	39	25	revenue	revenue	NOUN
escjerps-2131	39	26	comes	come	VERB
escjerps-2131	39	27	from	from	ADP
escjerps-2131	39	28	this	this	DET
escjerps-2131	39	29	sector	sector	NOUN
escjerps-2131	39	30	,	,	PUNCT
escjerps-2131	39	31	and	and	CCONJ
escjerps-2131	39	32	over	over	ADP
escjerps-2131	39	33	time	time	NOUN
escjerps-2131	39	34	the	the	DET
escjerps-2131	39	35	oil	oil	NOUN
escjerps-2131	39	36	price	price	NOUN
escjerps-2131	39	37	has	have	AUX
escjerps-2131	39	38	been	be	AUX
escjerps-2131	39	39	fluctuating	fluctuate	VERB
escjerps-2131	39	40	.	.	PUNCT
escjerps-2131	40	1	review	review	NOUN
escjerps-2131	40	2	ofliteratures	ofliterature	NOUN
escjerps-2131	40	3	review	review	PROPN
escjerps-2131	40	4	of	of	ADP
escjerps-2131	40	5	related	related	ADJ
escjerps-2131	40	6	literature	literature	NOUN
escjerps-2131	40	7	investing	investing	NOUN
escjerps-2131	40	8	activities	activity	NOUN
escjerps-2131	40	9	can	can	AUX
escjerps-2131	40	10	not	not	PART
escjerps-2131	40	11	to	to	PART
escjerps-2131	40	12	be	be	AUX
escjerps-2131	40	13	analyzed	analyze	VERB
escjerps-2131	40	14	on	on	ADP
escjerps-2131	40	15	its	its	PRON
escjerps-2131	40	16	own	own	ADJ
escjerps-2131	40	17	therefore	therefore	ADV
escjerps-2131	40	18	the	the	DET
escjerps-2131	40	19	financial	financial	ADJ
escjerps-2131	40	20	statements	statement	NOUN
escjerps-2131	40	21	is	be	AUX
escjerps-2131	40	22	an	an	DET
escjerps-2131	40	23	inevitable	inevitable	ADJ
escjerps-2131	40	24	statement	statement	NOUN
escjerps-2131	40	25	with	with	ADP
escjerps-2131	40	26	respect	respect	NOUN
escjerps-2131	40	27	to	to	ADP
escjerps-2131	40	28	investing	investing	NOUN
escjerps-2131	40	29	activities	activity	NOUN
escjerps-2131	40	30	.	.	PUNCT
escjerps-2131	41	1	therefore	therefore	ADV
escjerps-2131	41	2	the	the	DET
escjerps-2131	41	3	first	first	ADJ
escjerps-2131	41	4	and	and	CCONJ
escjerps-2131	41	5	only	only	ADV
escjerps-2131	41	6	the	the	DET
escjerps-2131	41	7	first	first	ADJ
escjerps-2131	41	8	step	step	NOUN
escjerps-2131	41	9	in	in	ADP
escjerps-2131	41	10	assessing	assess	VERB
escjerps-2131	41	11	the	the	DET
escjerps-2131	41	12	investing	investing	NOUN
escjerps-2131	41	13	activities	activity	NOUN
escjerps-2131	41	14	and	and	CCONJ
escjerps-2131	41	15	financial	financial	ADJ
escjerps-2131	41	16	health	health	NOUN
escjerps-2131	41	17	of	of	ADP
escjerps-2131	41	18	your	your	PRON
escjerps-2131	41	19	business	business	NOUN
escjerps-2131	41	20	is	be	AUX
escjerps-2131	41	21	through	through	ADP
escjerps-2131	41	22	the	the	DET
escjerps-2131	41	23	financial	financial	ADJ
escjerps-2131	41	24	statement	statement	NOUN
escjerps-2131	41	25	of	of	ADP
escjerps-2131	41	26	the	the	DET
escjerps-2131	41	27	entity	entity	NOUN
escjerps-2131	41	28	,	,	PUNCT
escjerps-2131	41	29	the	the	DET
escjerps-2131	41	30	process	process	NOUN
escjerps-2131	41	31	may	may	AUX
escjerps-2131	41	32	also	also	ADV
escjerps-2131	41	33	involve	involve	VERB
escjerps-2131	41	34	the	the	DET
escjerps-2131	41	35	comparison	comparison	NOUN
escjerps-2131	41	36	of	of	ADP
escjerps-2131	41	37	different	different	ADJ
escjerps-2131	41	38	industry	industry	NOUN
escjerps-2131	41	39	investing	investing	NOUN
escjerps-2131	41	40	activities	activity	NOUN
escjerps-2131	41	41	and	and	CCONJ
escjerps-2131	41	42	performance	performance	NOUN
escjerps-2131	41	43	with	with	ADP
escjerps-2131	41	44	respect	respect	NOUN
escjerps-2131	41	45	to	to	ADP
escjerps-2131	41	46	other	other	ADJ
escjerps-2131	41	47	similar	similar	ADJ
escjerps-2131	41	48	industry	industry	NOUN
escjerps-2131	41	49	in	in	ADP
escjerps-2131	41	50	other	other	ADJ
escjerps-2131	41	51	country	country	NOUN
escjerps-2131	41	52	and	and	CCONJ
escjerps-2131	41	53	also	also	ADV
escjerps-2131	41	54	with	with	ADP
escjerps-2131	41	55	respect	respect	NOUN
escjerps-2131	41	56	to	to	ADP
escjerps-2131	41	57	industry	industry	NOUN
escjerps-2131	41	58	standards	standard	NOUN
escjerps-2131	41	59	over	over	ADP
escjerps-2131	41	60	a	a	DET
escjerps-2131	41	61	period	period	NOUN
escjerps-2131	41	62	of	of	ADP
escjerps-2131	41	63	time	time	NOUN
escjerps-2131	41	64	.	.	PUNCT
escjerps-2131	42	1	theoretical	theoretical	ADJ
escjerps-2131	42	2	literature	literature	NOUN
escjerps-2131	42	3	the	the	DET
escjerps-2131	42	4	study	study	NOUN
escjerps-2131	42	5	will	will	AUX
escjerps-2131	42	6	employ	employ	VERB
escjerps-2131	42	7	the	the	DET
escjerps-2131	42	8	pecking	pecking	NOUN
escjerps-2131	42	9	order	order	NOUN
escjerps-2131	42	10	theory	theory	NOUN
escjerps-2131	42	11	,	,	PUNCT
escjerps-2131	42	12	trade	trade	NOUN
escjerps-2131	42	13	-	-	PUNCT
escjerps-2131	42	14	off	off	ADP
escjerps-2131	42	15	theory	theory	NOUN
escjerps-2131	42	16	and	and	CCONJ
escjerps-2131	42	17	agency	agency	NOUN
escjerps-2131	42	18	theory	theory	NOUN
escjerps-2131	42	19	to	to	PART
escjerps-2131	42	20	mention	mention	VERB
escjerps-2131	42	21	but	but	CCONJ
escjerps-2131	42	22	a	a	DET
escjerps-2131	42	23	few	few	ADJ
escjerps-2131	42	24	which	which	PRON
escjerps-2131	42	25	will	will	AUX
escjerps-2131	42	26	also	also	ADV
escjerps-2131	42	27	serve	serve	VERB
escjerps-2131	42	28	as	as	ADP
escjerps-2131	42	29	guide	guide	NOUN
escjerps-2131	42	30	to	to	ADP
escjerps-2131	42	31	the	the	DET
escjerps-2131	42	32	researchers	researcher	NOUN
escjerps-2131	42	33	.	.	PUNCT
escjerps-2131	43	1	pecking	pecking	NOUN
escjerps-2131	43	2	order	order	NOUN
escjerps-2131	43	3	theory	theory	NOUN
escjerps-2131	43	4	rose	rise	VERB
escjerps-2131	43	5	,	,	PUNCT
escjerps-2131	43	6	wester	wester	NOUN
escjerps-2131	43	7	field	field	NOUN
escjerps-2131	43	8	and	and	CCONJ
escjerps-2131	43	9	jordan	jordan	PROPN
escjerps-2131	43	10	(	(	PUNCT
escjerps-2131	43	11	2008	2008	NUM
escjerps-2131	43	12	)	)	PUNCT
escjerps-2131	43	13	opined	opine	VERB
escjerps-2131	43	14	that	that	SCONJ
escjerps-2131	43	15	pecking	pecking	NOUN
escjerps-2131	43	16	order	order	NOUN
escjerps-2131	43	17	theory	theory	NOUN
escjerps-2131	43	18	is	be	AUX
escjerps-2131	43	19	one	one	NUM
escjerps-2131	43	20	among	among	ADP
escjerps-2131	43	21	many	many	ADJ
escjerps-2131	43	22	underpinning	underpinning	ADJ
escjerps-2131	43	23	theories	theory	NOUN
escjerps-2131	43	24	behind	behind	ADP
escjerps-2131	43	25	the	the	DET
escjerps-2131	43	26	investing	investing	NOUN
escjerps-2131	43	27	activities	activity	NOUN
escjerps-2131	43	28	of	of	ADP
escjerps-2131	43	29	an	an	DET
escjerps-2131	43	30	entity	entity	NOUN
escjerps-2131	43	31	,	,	PUNCT
escjerps-2131	43	32	the	the	DET
escjerps-2131	43	33	proponent	proponent	NOUN
escjerps-2131	43	34	of	of	ADP
escjerps-2131	43	35	this	this	DET
escjerps-2131	43	36	school	school	NOUN
escjerps-2131	43	37	of	of	ADP
escjerps-2131	43	38	thought	thought	NOUN
escjerps-2131	43	39	believed	believe	VERB
escjerps-2131	43	40	that	that	SCONJ
escjerps-2131	43	41	whenever	whenever	SCONJ
escjerps-2131	43	42	a	a	DET
escjerps-2131	43	43	firm	firm	NOUN
escjerps-2131	43	44	is	be	AUX
escjerps-2131	43	45	faced	face	VERB
escjerps-2131	43	46	with	with	ADP
escjerps-2131	43	47	financial	financial	ADJ
escjerps-2131	43	48	needs	need	NOUN
escjerps-2131	43	49	,	,	PUNCT
escjerps-2131	43	50	it	it	PRON
escjerps-2131	43	51	’s	’	VERB
escjerps-2131	43	52	should	should	AUX
escjerps-2131	43	53	first	first	ADV
escjerps-2131	43	54	look	look	VERB
escjerps-2131	43	55	inward	inward	ADV
escjerps-2131	43	56	hence	hence	ADV
escjerps-2131	43	57	internal	internal	ADJ
escjerps-2131	43	58	fund	fund	NOUN
escjerps-2131	43	59	should	should	AUX
escjerps-2131	43	60	be	be	AUX
escjerps-2131	43	61	used	use	VERB
escjerps-2131	43	62	for	for	ADP
escjerps-2131	43	63	any	any	DET
escjerps-2131	43	64	economic	economic	ADJ
escjerps-2131	43	65	activities	activity	NOUN
escjerps-2131	43	66	however	however	ADV
escjerps-2131	43	67	if	if	SCONJ
escjerps-2131	43	68	not	not	PART
escjerps-2131	43	69	enough	enough	ADJ
escjerps-2131	43	70	the	the	DET
escjerps-2131	43	71	entities	entity	NOUN
escjerps-2131	43	72	can	can	AUX
escjerps-2131	43	73	then	then	ADV
escjerps-2131	43	74	source	source	VERB
escjerps-2131	43	75	outside	outside	ADV
escjerps-2131	43	76	(	(	PUNCT
escjerps-2131	43	77	external	external	ADJ
escjerps-2131	43	78	sources	source	NOUN
escjerps-2131	43	79	)	)	PUNCT
escjerps-2131	43	80	,	,	PUNCT
escjerps-2131	43	81	the	the	DET
escjerps-2131	43	82	ideology	ideology	NOUN
escjerps-2131	43	83	behind	behind	ADP
escjerps-2131	43	84	this	this	DET
escjerps-2131	43	85	school	school	NOUN
escjerps-2131	43	86	of	of	ADP
escjerps-2131	43	87	thought	thought	NOUN
escjerps-2131	43	88	is	be	AUX
escjerps-2131	43	89	that	that	PRON
escjerps-2131	43	90	is	be	AUX
escjerps-2131	43	91	less	less	ADV
escjerps-2131	43	92	expensive	expensive	ADJ
escjerps-2131	43	93	i.e.	i.e.	X
escjerps-2131	43	94	using	use	VERB
escjerps-2131	43	95	internal	internal	ADJ
escjerps-2131	43	96	sources	source	NOUN
escjerps-2131	43	97	to	to	PART
escjerps-2131	43	98	finance	finance	VERB
escjerps-2131	43	99	economic	economic	ADJ
escjerps-2131	43	100	activities	activity	NOUN
escjerps-2131	43	101	carry	carry	VERB
escjerps-2131	43	102	lower	low	ADJ
escjerps-2131	43	103	financial	financial	ADJ
escjerps-2131	43	104	risk	risk	NOUN
escjerps-2131	43	105	therefore	therefore	ADV
escjerps-2131	43	106	this	this	DET
escjerps-2131	43	107	school	school	NOUN
escjerps-2131	43	108	of	of	ADP
escjerps-2131	43	109	thought	thought	NOUN
escjerps-2131	43	110	opined	opine	VERB
escjerps-2131	43	111	that	that	SCONJ
escjerps-2131	43	112	economic	economic	ADJ
escjerps-2131	43	113	activities	activity	NOUN
escjerps-2131	43	114	should	should	AUX
escjerps-2131	43	115	be	be	AUX
escjerps-2131	43	116	financed	finance	VERB
escjerps-2131	43	117	in	in	ADP
escjerps-2131	43	118	the	the	DET
escjerps-2131	43	119	following	follow	VERB
escjerps-2131	43	120	order	order	NOUN
escjerps-2131	43	121	internal	internal	ADJ
escjerps-2131	43	122	sources	source	NOUN
escjerps-2131	43	123	,	,	PUNCT
escjerps-2131	43	124	debts	debt	NOUN
escjerps-2131	43	125	and	and	CCONJ
escjerps-2131	43	126	equity	equity	NOUN
escjerps-2131	43	127	financing	financing	NOUN
escjerps-2131	43	128	respectively	respectively	ADV
escjerps-2131	43	129	.	.	PUNCT
escjerps-2131	44	1	this	this	DET
escjerps-2131	44	2	theory	theory	NOUN
escjerps-2131	44	3	also	also	ADV
escjerps-2131	44	4	opined	opine	VERB
escjerps-2131	44	5	that	that	SCONJ
escjerps-2131	44	6	178	178	NUM
escjerps-2131	44	7	|	|	ADV
escjerps-2131	44	8	p	p	NOUN
escjerps-2131	44	9	a	a	DET
escjerps-2131	44	10	g	g	NOUN
escjerps-2131	44	11	e	e	NOUN
escjerps-2131	44	12	employees	employee	NOUN
escjerps-2131	44	13	of	of	ADP
escjerps-2131	44	14	the	the	DET
escjerps-2131	44	15	entities	entity	NOUN
escjerps-2131	44	16	know	know	VERB
escjerps-2131	44	17	more	more	ADJ
escjerps-2131	44	18	about	about	ADP
escjerps-2131	44	19	the	the	DET
escjerps-2131	44	20	entity	entity	NOUN
escjerps-2131	44	21	(	(	PUNCT
escjerps-2131	44	22	information	information	NOUN
escjerps-2131	44	23	asymmetric	asymmetric	NOUN
escjerps-2131	44	24	)	)	PUNCT
escjerps-2131	44	25	hence	hence	ADV
escjerps-2131	44	26	influences	influence	VERB
escjerps-2131	44	27	the	the	DET
escjerps-2131	44	28	cost	cost	NOUN
escjerps-2131	44	29	and	and	CCONJ
escjerps-2131	44	30	risk	risk	NOUN
escjerps-2131	44	31	of	of	ADP
escjerps-2131	44	32	financing	finance	VERB
escjerps-2131	44	33	economic	economic	ADJ
escjerps-2131	44	34	activities	activity	NOUN
escjerps-2131	44	35	and	and	CCONJ
escjerps-2131	44	36	also	also	ADV
escjerps-2131	44	37	influences	influence	VERB
escjerps-2131	44	38	the	the	DET
escjerps-2131	44	39	investing	investing	NOUN
escjerps-2131	44	40	activities	activity	NOUN
escjerps-2131	44	41	of	of	ADP
escjerps-2131	44	42	an	an	DET
escjerps-2131	44	43	entities	entity	NOUN
escjerps-2131	44	44	.	.	PUNCT
escjerps-2131	45	1	trade	trade	NOUN
escjerps-2131	45	2	-	-	PUNCT
escjerps-2131	45	3	off	off	ADP
escjerps-2131	45	4	theory	theory	NOUN
escjerps-2131	45	5	this	this	DET
escjerps-2131	45	6	one	one	NUM
escjerps-2131	45	7	of	of	ADP
escjerps-2131	45	8	the	the	DET
escjerps-2131	45	9	underpinning	underpinning	ADJ
escjerps-2131	45	10	theory	theory	NOUN
escjerps-2131	45	11	behind	behind	ADP
escjerps-2131	45	12	the	the	DET
escjerps-2131	45	13	investing	investing	NOUN
escjerps-2131	45	14	activities	activity	NOUN
escjerps-2131	45	15	of	of	ADP
escjerps-2131	45	16	an	an	DET
escjerps-2131	45	17	entity	entity	NOUN
escjerps-2131	45	18	,	,	PUNCT
escjerps-2131	45	19	the	the	DET
escjerps-2131	45	20	decision	decision	NOUN
escjerps-2131	45	21	on	on	ADP
escjerps-2131	45	22	what	what	PRON
escjerps-2131	45	23	sources	source	NOUN
escjerps-2131	45	24	of	of	ADP
escjerps-2131	45	25	finance	finance	NOUN
escjerps-2131	45	26	to	to	PART
escjerps-2131	45	27	adopt	adopt	VERB
escjerps-2131	45	28	in	in	ADP
escjerps-2131	45	29	financing	finance	VERB
escjerps-2131	45	30	the	the	DET
escjerps-2131	45	31	economic	economic	ADJ
escjerps-2131	45	32	activities	activity	NOUN
escjerps-2131	45	33	of	of	ADP
escjerps-2131	45	34	the	the	DET
escjerps-2131	45	35	firm	firm	NOUN
escjerps-2131	45	36	involves	involve	VERB
escjerps-2131	45	37	a	a	DET
escjerps-2131	45	38	critical	critical	ADJ
escjerps-2131	45	39	economic	economic	ADJ
escjerps-2131	45	40	and	and	CCONJ
escjerps-2131	45	41	financial	financial	ADJ
escjerps-2131	45	42	trade	trade	NOUN
escjerps-2131	45	43	-	-	PUNCT
escjerps-2131	45	44	off	off	NOUN
escjerps-2131	45	45	,	,	PUNCT
escjerps-2131	45	46	the	the	DET
escjerps-2131	45	47	proportion	proportion	NOUN
escjerps-2131	45	48	of	of	ADP
escjerps-2131	45	49	internal	internal	ADJ
escjerps-2131	45	50	financing	financing	NOUN
escjerps-2131	45	51	,	,	PUNCT
escjerps-2131	45	52	debt	debt	NOUN
escjerps-2131	45	53	of	of	ADP
escjerps-2131	45	54	equity	equity	NOUN
escjerps-2131	45	55	employed	employ	VERB
escjerps-2131	45	56	by	by	ADP
escjerps-2131	45	57	the	the	DET
escjerps-2131	45	58	firm	firm	NOUN
escjerps-2131	45	59	will	will	AUX
escjerps-2131	45	60	affect	affect	VERB
escjerps-2131	45	61	the	the	DET
escjerps-2131	45	62	investing	investing	NOUN
escjerps-2131	45	63	activities	activity	NOUN
escjerps-2131	45	64	and	and	CCONJ
escjerps-2131	45	65	invariably	invariably	ADV
escjerps-2131	45	66	affect	affect	VERB
escjerps-2131	45	67	the	the	DET
escjerps-2131	45	68	performance	performance	NOUN
escjerps-2131	45	69	of	of	ADP
escjerps-2131	45	70	the	the	DET
escjerps-2131	45	71	entity	entity	NOUN
escjerps-2131	45	72	,	,	PUNCT
escjerps-2131	45	73	hence	hence	ADV
escjerps-2131	45	74	if	if	SCONJ
escjerps-2131	45	75	all	all	DET
escjerps-2131	45	76	the	the	DET
escjerps-2131	45	77	sources	source	NOUN
escjerps-2131	45	78	are	be	AUX
escjerps-2131	45	79	available	available	ADJ
escjerps-2131	45	80	to	to	ADP
escjerps-2131	45	81	the	the	DET
escjerps-2131	45	82	entity	entity	NOUN
escjerps-2131	45	83	,	,	PUNCT
escjerps-2131	45	84	the	the	DET
escjerps-2131	45	85	pros	pro	NOUN
escjerps-2131	45	86	and	and	CCONJ
escjerps-2131	45	87	cons	con	NOUN
escjerps-2131	45	88	must	must	AUX
escjerps-2131	45	89	be	be	AUX
escjerps-2131	45	90	consider	consider	VERB
escjerps-2131	45	91	before	before	ADP
escjerps-2131	45	92	taking	take	VERB
escjerps-2131	45	93	any	any	DET
escjerps-2131	45	94	critical	critical	ADJ
escjerps-2131	45	95	economic	economic	ADJ
escjerps-2131	45	96	and	and	CCONJ
escjerps-2131	45	97	financial	financial	ADJ
escjerps-2131	45	98	decision	decision	NOUN
escjerps-2131	45	99	.	.	PUNCT
escjerps-2131	46	1	some	some	DET
escjerps-2131	46	2	scholar	scholar	NOUN
escjerps-2131	46	3	’s	’	VERB
escjerps-2131	46	4	believed	believe	VERB
escjerps-2131	46	5	that	that	SCONJ
escjerps-2131	46	6	it	it	PRON
escjerps-2131	46	7	is	be	AUX
escjerps-2131	46	8	better	well	ADJ
escjerps-2131	46	9	to	to	PART
escjerps-2131	46	10	finance	finance	VERB
escjerps-2131	46	11	an	an	DET
escjerps-2131	46	12	entity	entity	NOUN
escjerps-2131	46	13	economic	economic	ADJ
escjerps-2131	46	14	activities	activity	NOUN
escjerps-2131	46	15	with	with	ADP
escjerps-2131	46	16	debt	debt	NOUN
escjerps-2131	46	17	rather	rather	ADV
escjerps-2131	46	18	than	than	ADP
escjerps-2131	46	19	employ	employ	VERB
escjerps-2131	46	20	equity	equity	NOUN
escjerps-2131	46	21	,	,	PUNCT
escjerps-2131	46	22	the	the	DET
escjerps-2131	46	23	proponent	proponent	NOUN
escjerps-2131	46	24	and	and	CCONJ
escjerps-2131	46	25	followers	follower	NOUN
escjerps-2131	46	26	of	of	ADP
escjerps-2131	46	27	this	this	DET
escjerps-2131	46	28	school	school	NOUN
escjerps-2131	46	29	of	of	ADP
escjerps-2131	46	30	thought	thought	NOUN
escjerps-2131	46	31	believed	believe	VERB
escjerps-2131	46	32	that	that	SCONJ
escjerps-2131	46	33	debt	debt	NOUN
escjerps-2131	46	34	financing	financing	NOUN
escjerps-2131	46	35	give	give	VERB
escjerps-2131	46	36	the	the	DET
escjerps-2131	46	37	entity	entity	NOUN
escjerps-2131	46	38	tax	tax	NOUN
escjerps-2131	46	39	shield	shield	NOUN
escjerps-2131	46	40	unlike	unlike	ADP
escjerps-2131	46	41	equity	equity	NOUN
escjerps-2131	46	42	financing	financing	NOUN
escjerps-2131	46	43	.	.	PUNCT
escjerps-2131	47	1	agency	agency	NOUN
escjerps-2131	47	2	theory	theory	NOUN
escjerps-2131	47	3	this	this	DET
escjerps-2131	47	4	theory	theory	NOUN
escjerps-2131	47	5	demonstrate	demonstrate	VERB
escjerps-2131	47	6	the	the	DET
escjerps-2131	47	7	nexus	nexus	NOUN
escjerps-2131	47	8	between	between	ADP
escjerps-2131	47	9	the	the	DET
escjerps-2131	47	10	principal	principal	NOUN
escjerps-2131	47	11	(	(	PUNCT
escjerps-2131	47	12	mainly	mainly	ADV
escjerps-2131	47	13	the	the	DET
escjerps-2131	47	14	shareholders	shareholder	NOUN
escjerps-2131	47	15	)	)	PUNCT
escjerps-2131	47	16	and	and	CCONJ
escjerps-2131	47	17	the	the	DET
escjerps-2131	47	18	agent	agent	NOUN
escjerps-2131	47	19	(	(	PUNCT
escjerps-2131	47	20	usually	usually	ADV
escjerps-2131	47	21	the	the	DET
escjerps-2131	47	22	managers	manager	NOUN
escjerps-2131	47	23	and	and	CCONJ
escjerps-2131	47	24	caretakers	caretaker	NOUN
escjerps-2131	47	25	of	of	ADP
escjerps-2131	47	26	shareholder	shareholder	NOUN
escjerps-2131	47	27	funds	fund	NOUN
escjerps-2131	47	28	)	)	PUNCT
escjerps-2131	47	29	.	.	PUNCT
escjerps-2131	48	1	both	both	DET
escjerps-2131	48	2	parties	party	NOUN
escjerps-2131	48	3	have	have	VERB
escjerps-2131	48	4	interest	interest	NOUN
escjerps-2131	48	5	in	in	ADP
escjerps-2131	48	6	the	the	DET
escjerps-2131	48	7	entity	entity	NOUN
escjerps-2131	48	8	,	,	PUNCT
escjerps-2131	48	9	the	the	DET
escjerps-2131	48	10	agent	agent	NOUN
escjerps-2131	48	11	have	have	VERB
escjerps-2131	48	12	a	a	DET
escjerps-2131	48	13	fiduciary	fiduciary	ADJ
escjerps-2131	48	14	responsibility	responsibility	NOUN
escjerps-2131	48	15	of	of	ADP
escjerps-2131	48	16	maximizing	maximize	VERB
escjerps-2131	48	17	shareholders	shareholder	NOUN
escjerps-2131	48	18	wealth	wealth	NOUN
escjerps-2131	48	19	,	,	PUNCT
escjerps-2131	48	20	although	although	SCONJ
escjerps-2131	48	21	this	this	PRON
escjerps-2131	48	22	comes	come	VERB
escjerps-2131	48	23	with	with	ADP
escjerps-2131	48	24	some	some	DET
escjerps-2131	48	25	associated	associated	ADJ
escjerps-2131	48	26	cost	cost	NOUN
escjerps-2131	48	27	.	.	PUNCT
escjerps-2131	49	1	lawal	lawal	PROPN
escjerps-2131	49	2	,	,	PUNCT
escjerps-2131	49	3	edwin	edwin	PROPN
escjerps-2131	49	4	,	,	PUNCT
escjerps-2131	49	5	monica	monica	PROPN
escjerps-2131	49	6	and	and	CCONJ
escjerps-2131	49	7	adisa	adisa	VERB
escjerps-2131	49	8	(	(	PUNCT
escjerps-2131	49	9	2014	2014	NUM
escjerps-2131	49	10	)	)	PUNCT
escjerps-2131	49	11	in	in	ADP
escjerps-2131	49	12	their	their	PRON
escjerps-2131	49	13	study	study	NOUN
escjerps-2131	49	14	of	of	ADP
escjerps-2131	49	15	effects	effect	NOUN
escjerps-2131	49	16	of	of	ADP
escjerps-2131	49	17	capital	capital	NOUN
escjerps-2131	49	18	structure	structure	NOUN
escjerps-2131	49	19	on	on	ADP
escjerps-2131	49	20	firm	firm	NOUN
escjerps-2131	49	21	’s	’s	PART
escjerps-2131	49	22	performance	performance	NOUN
escjerps-2131	49	23	opined	opine	VERB
escjerps-2131	49	24	that	that	SCONJ
escjerps-2131	49	25	berle	berle	NOUN
escjerps-2131	49	26	and	and	CCONJ
escjerps-2131	49	27	means	mean	NOUN
escjerps-2131	49	28	(	(	PUNCT
escjerps-2131	49	29	1932	1932	NUM
escjerps-2131	49	30	)	)	PUNCT
escjerps-2131	49	31	was	be	AUX
escjerps-2131	49	32	the	the	DET
escjerps-2131	49	33	first	first	ADJ
escjerps-2131	49	34	proponent	proponent	NOUN
escjerps-2131	49	35	of	of	ADP
escjerps-2131	49	36	this	this	DET
escjerps-2131	49	37	theory	theory	NOUN
escjerps-2131	49	38	and	and	CCONJ
escjerps-2131	49	39	found	find	VERB
escjerps-2131	49	40	out	out	ADP
escjerps-2131	49	41	that	that	DET
escjerps-2131	49	42	ownership	ownership	NOUN
escjerps-2131	49	43	and	and	CCONJ
escjerps-2131	49	44	control	control	NOUN
escjerps-2131	49	45	of	of	ADP
escjerps-2131	49	46	large	large	ADJ
escjerps-2131	49	47	corporation	corporation	NOUN
escjerps-2131	49	48	become	become	VERB
escjerps-2131	49	49	more	more	ADV
escjerps-2131	49	50	separated	separate	VERB
escjerps-2131	49	51	due	due	ADP
escjerps-2131	49	52	to	to	ADP
escjerps-2131	49	53	the	the	DET
escjerps-2131	49	54	ceaseless	ceaseless	ADJ
escjerps-2131	49	55	dilution	dilution	NOUN
escjerps-2131	49	56	of	of	ADP
escjerps-2131	49	57	equity	equity	NOUN
escjerps-2131	49	58	ownership	ownership	NOUN
escjerps-2131	49	59	.	.	PUNCT
escjerps-2131	50	1	hence	hence	ADV
escjerps-2131	50	2	because	because	SCONJ
escjerps-2131	50	3	of	of	ADP
escjerps-2131	50	4	the	the	DET
escjerps-2131	50	5	dispersed	disperse	VERB
escjerps-2131	50	6	ownership	ownership	NOUN
escjerps-2131	50	7	managers	manager	NOUN
escjerps-2131	50	8	are	be	AUX
escjerps-2131	50	9	prone	prone	ADJ
escjerps-2131	50	10	to	to	AUX
escjerps-2131	50	11	likely	likely	ADV
escjerps-2131	50	12	pursue	pursue	VERB
escjerps-2131	50	13	selfish	selfish	ADJ
escjerps-2131	50	14	interest	interest	NOUN
escjerps-2131	50	15	instead	instead	ADV
escjerps-2131	50	16	of	of	ADP
escjerps-2131	50	17	the	the	DET
escjerps-2131	50	18	interest	interest	NOUN
escjerps-2131	50	19	of	of	ADP
escjerps-2131	50	20	the	the	DET
escjerps-2131	50	21	owners	owner	NOUN
escjerps-2131	50	22	,	,	PUNCT
escjerps-2131	50	23	this	this	DET
escjerps-2131	50	24	moral	moral	ADJ
escjerps-2131	50	25	hazard	hazard	NOUN
escjerps-2131	50	26	will	will	AUX
escjerps-2131	50	27	lead	lead	VERB
escjerps-2131	50	28	to	to	ADP
escjerps-2131	50	29	monitoring	monitoring	NOUN
escjerps-2131	50	30	and	and	CCONJ
escjerps-2131	50	31	bonding	bonding	NOUN
escjerps-2131	50	32	cost	cost	NOUN
escjerps-2131	50	33	.	.	PUNCT
escjerps-2131	51	1	jensen	jensen	PROPN
escjerps-2131	51	2	and	and	CCONJ
escjerps-2131	51	3	meckling	meckling	NOUN
escjerps-2131	51	4	(	(	PUNCT
escjerps-2131	51	5	1976	1976	NUM
escjerps-2131	51	6	)	)	PUNCT
escjerps-2131	51	7	opined	opine	VERB
escjerps-2131	51	8	that	that	SCONJ
escjerps-2131	51	9	in	in	ADP
escjerps-2131	51	10	order	order	NOUN
escjerps-2131	51	11	to	to	PART
escjerps-2131	51	12	minimize	minimize	VERB
escjerps-2131	51	13	the	the	DET
escjerps-2131	51	14	moral	moral	ADJ
escjerps-2131	51	15	hazard	hazard	NOUN
escjerps-2131	51	16	(	(	PUNCT
escjerps-2131	51	17	agency	agency	NOUN
escjerps-2131	51	18	cost	cost	NOUN
escjerps-2131	51	19	)	)	PUNCT
escjerps-2131	51	20	an	an	DET
escjerps-2131	51	21	optimal	optimal	ADJ
escjerps-2131	51	22	debt	debt	NOUN
escjerps-2131	51	23	level	level	NOUN
escjerps-2131	51	24	in	in	ADP
escjerps-2131	51	25	capital	capital	NOUN
escjerps-2131	51	26	structure	structure	NOUN
escjerps-2131	51	27	should	should	AUX
escjerps-2131	51	28	be	be	AUX
escjerps-2131	51	29	maintained	maintain	VERB
escjerps-2131	51	30	in	in	ADP
escjerps-2131	51	31	order	order	NOUN
escjerps-2131	51	32	to	to	PART
escjerps-2131	51	33	avoid	avoid	VERB
escjerps-2131	51	34	divergent	divergent	ADJ
escjerps-2131	51	35	interest	interest	NOUN
escjerps-2131	51	36	of	of	ADP
escjerps-2131	51	37	agents	agent	NOUN
escjerps-2131	51	38	with	with	ADP
escjerps-2131	51	39	principals	principal	NOUN
escjerps-2131	51	40	and	and	CCONJ
escjerps-2131	51	41	other	other	ADJ
escjerps-2131	51	42	stakeholders	stakeholder	NOUN
escjerps-2131	51	43	such	such	ADJ
escjerps-2131	51	44	as	as	ADP
escjerps-2131	51	45	debt	debt	NOUN
escjerps-2131	51	46	holders	holder	NOUN
escjerps-2131	51	47	.	.	PUNCT
escjerps-2131	52	1	empirical	empirical	ADJ
escjerps-2131	52	2	literature	literature	NOUN
escjerps-2131	52	3	etale	etale	NOUN
escjerps-2131	52	4	,	,	PUNCT
escjerps-2131	52	5	edoumiekumo	edoumiekumo	NOUN
escjerps-2131	52	6	,	,	PUNCT
escjerps-2131	52	7	kpolode	kpolode	NOUN
escjerps-2131	52	8	,	,	PUNCT
escjerps-2131	52	9	and	and	CCONJ
escjerps-2131	52	10	nkak	nkak	ADJ
escjerps-2131	52	11	(	(	PUNCT
escjerps-2131	52	12	2020	2020	NUM
escjerps-2131	52	13	)	)	PUNCT
escjerps-2131	52	14	investigated	investigate	VERB
escjerps-2131	52	15	the	the	DET
escjerps-2131	52	16	nexus	nexus	NOUN
escjerps-2131	52	17	between	between	ADP
escjerps-2131	52	18	capital	capital	NOUN
escjerps-2131	52	19	structure	structure	NOUN
escjerps-2131	52	20	and	and	CCONJ
escjerps-2131	52	21	firm	firm	NOUN
escjerps-2131	52	22	’s	’s	PART
escjerps-2131	52	23	performance	performance	NOUN
escjerps-2131	52	24	of	of	ADP
escjerps-2131	52	25	quoted	quote	VERB
escjerps-2131	52	26	industrial	industrial	ADJ
escjerps-2131	52	27	goods	good	NOUN
escjerps-2131	52	28	listed	list	VERB
escjerps-2131	52	29	on	on	ADP
escjerps-2131	52	30	nigeria	nigeria	PROPN
escjerps-2131	52	31	stock	stock	PROPN
escjerps-2131	52	32	exchange	exchange	PROPN
escjerps-2131	52	33	by	by	ADP
escjerps-2131	52	34	employing	employ	VERB
escjerps-2131	52	35	five	five	NUM
escjerps-2131	52	36	secondary	secondary	ADJ
escjerps-2131	52	37	data	datum	NOUN
escjerps-2131	52	38	ranging	range	VERB
escjerps-2131	52	39	from	from	ADP
escjerps-2131	52	40	2014	2014	NUM
escjerps-2131	52	41	to	to	ADP
escjerps-2131	52	42	2019	2019	NUM
escjerps-2131	52	43	(	(	PUNCT
escjerps-2131	52	44	six	six	NUM
escjerps-2131	52	45	year	year	NOUN
escjerps-2131	52	46	)	)	PUNCT
escjerps-2131	52	47	using	use	VERB
escjerps-2131	52	48	the	the	DET
escjerps-2131	52	49	multiple	multiple	ADJ
escjerps-2131	52	50	regression	regression	NOUN
escjerps-2131	52	51	model	model	NOUN
escjerps-2131	52	52	in	in	ADP
escjerps-2131	52	53	testing	test	VERB
escjerps-2131	52	54	their	their	PRON
escjerps-2131	52	55	hypotheses	hypothesis	NOUN
escjerps-2131	52	56	of	of	ADP
escjerps-2131	52	57	their	their	PRON
escjerps-2131	52	58	and	and	CCONJ
escjerps-2131	52	59	found	find	VERB
escjerps-2131	52	60	out	out	ADP
escjerps-2131	52	61	that	that	SCONJ
escjerps-2131	52	62	capital	capital	NOUN
escjerps-2131	52	63	structure	structure	NOUN
escjerps-2131	52	64	has	have	VERB
escjerps-2131	52	65	a	a	DET
escjerps-2131	52	66	statistical	statistical	ADJ
escjerps-2131	52	67	significant	significant	ADJ
escjerps-2131	52	68	relationship	relationship	NOUN
escjerps-2131	52	69	with	with	ADP
escjerps-2131	52	70	performance	performance	NOUN
escjerps-2131	52	71	however	however	ADV
escjerps-2131	52	72	one	one	NUM
escjerps-2131	52	73	of	of	ADP
escjerps-2131	52	74	the	the	DET
escjerps-2131	52	75	component	component	NOUN
escjerps-2131	52	76	of	of	ADP
escjerps-2131	52	77	their	their	PRON
escjerps-2131	52	78	capital	capital	NOUN
escjerps-2131	52	79	structure	structure	NOUN
escjerps-2131	52	80	has	have	VERB
escjerps-2131	52	81	a	a	DET
escjerps-2131	52	82	negative	negative	ADJ
escjerps-2131	52	83	relationship	relationship	NOUN
escjerps-2131	52	84	with	with	ADP
escjerps-2131	52	85	performance	performance	NOUN
escjerps-2131	52	86	,	,	PUNCT
escjerps-2131	52	87	therefore	therefore	ADV
escjerps-2131	52	88	recommended	recommend	VERB
escjerps-2131	52	89	that	that	PRON
escjerps-2131	52	90	long	long	ADJ
escjerps-2131	52	91	term	term	NOUN
escjerps-2131	52	92	financing	financing	NOUN
escjerps-2131	52	93	should	should	AUX
escjerps-2131	52	94	be	be	AUX
escjerps-2131	52	95	consider	consider	VERB
escjerps-2131	52	96	first	first	ADV
escjerps-2131	52	97	when	when	SCONJ
escjerps-2131	52	98	deciding	decide	VERB
escjerps-2131	52	99	the	the	DET
escjerps-2131	52	100	capital	capital	NOUN
escjerps-2131	52	101	structure	structure	NOUN
escjerps-2131	52	102	component	component	NOUN
escjerps-2131	52	103	of	of	ADP
escjerps-2131	52	104	an	an	DET
escjerps-2131	52	105	entity	entity	NOUN
escjerps-2131	52	106	and	and	CCONJ
escjerps-2131	52	107	also	also	ADV
escjerps-2131	52	108	proper	proper	ADJ
escjerps-2131	52	109	matching	matching	NOUN
escjerps-2131	52	110	should	should	AUX
escjerps-2131	52	111	be	be	AUX
escjerps-2131	52	112	carried	carry	VERB
escjerps-2131	52	113	out	out	ADP
escjerps-2131	52	114	between	between	ADP
escjerps-2131	52	115	debt	debt	NOUN
escjerps-2131	52	116	and	and	CCONJ
escjerps-2131	52	117	equity	equity	NOUN
escjerps-2131	52	118	.	.	PUNCT
escjerps-2131	53	1	179	179	NUM
escjerps-2131	54	1	|	|	ADV
escjerps-2131	54	2	p	p	X
escjerps-2131	54	3	a	a	DET
escjerps-2131	54	4	g	g	PROPN
escjerps-2131	54	5	e	e	PROPN
escjerps-2131	54	6	kpolode	kpolode	NOUN
escjerps-2131	54	7	;	;	PUNCT
escjerps-2131	54	8	edoumiekumo	edoumiekumo	ADJ
escjerps-2131	54	9	and	and	CCONJ
escjerps-2131	54	10	alfred	alfred	PROPN
escjerps-2131	54	11	(	(	PUNCT
escjerps-2131	54	12	2020	2020	NUM
escjerps-2131	54	13	)	)	PUNCT
escjerps-2131	54	14	employed	employ	VERB
escjerps-2131	54	15	a	a	DET
escjerps-2131	54	16	paired	pair	VERB
escjerps-2131	54	17	t	t	NOUN
escjerps-2131	54	18	-	-	PUNCT
escjerps-2131	54	19	test	test	NOUN
escjerps-2131	54	20	to	to	ADP
escjerps-2131	54	21	examined	examine	VERB
escjerps-2131	54	22	capital	capital	NOUN
escjerps-2131	54	23	structure	structure	NOUN
escjerps-2131	54	24	with	with	ADP
escjerps-2131	54	25	respect	respect	NOUN
escjerps-2131	54	26	to	to	ADP
escjerps-2131	54	27	performance	performance	NOUN
escjerps-2131	54	28	of	of	ADP
escjerps-2131	54	29	11	11	NUM
escjerps-2131	54	30	plc	plc	PROPN
escjerps-2131	54	31	formally	formally	ADV
escjerps-2131	54	32	mobil	mobil	PROPN
escjerps-2131	54	33	oil	oil	PROPN
escjerps-2131	54	34	nigeria	nigeria	PROPN
escjerps-2131	54	35	plc	plc	PROPN
escjerps-2131	54	36	prior	prior	ADV
escjerps-2131	54	37	the	the	DET
escjerps-2131	54	38	change	change	NOUN
escjerps-2131	54	39	of	of	ADP
escjerps-2131	54	40	its	its	PRON
escjerps-2131	54	41	name	name	NOUN
escjerps-2131	54	42	and	and	CCONJ
escjerps-2131	54	43	post	post	VERB
escjerps-2131	54	44	the	the	DET
escjerps-2131	54	45	change	change	NOUN
escjerps-2131	54	46	of	of	ADP
escjerps-2131	54	47	its	its	PRON
escjerps-2131	54	48	name	name	NOUN
escjerps-2131	54	49	using	use	VERB
escjerps-2131	54	50	secondary	secondary	ADJ
escjerps-2131	54	51	data	datum	NOUN
escjerps-2131	54	52	from	from	ADP
escjerps-2131	54	53	2013	2013	NUM
escjerps-2131	54	54	to	to	ADP
escjerps-2131	54	55	2019	2019	NUM
escjerps-2131	54	56	and	and	CCONJ
escjerps-2131	54	57	found	find	VERB
escjerps-2131	54	58	out	out	ADP
escjerps-2131	54	59	that	that	SCONJ
escjerps-2131	54	60	,	,	PUNCT
escjerps-2131	54	61	capital	capital	NOUN
escjerps-2131	54	62	structure	structure	NOUN
escjerps-2131	54	63	significantly	significantly	ADV
escjerps-2131	54	64	and	and	CCONJ
escjerps-2131	54	65	statistically	statistically	ADV
escjerps-2131	54	66	influences	influence	VERB
escjerps-2131	54	67	the	the	DET
escjerps-2131	54	68	performance	performance	NOUN
escjerps-2131	54	69	of	of	ADP
escjerps-2131	54	70	the	the	DET
escjerps-2131	54	71	entity	entity	NOUN
escjerps-2131	54	72	prior	prior	ADV
escjerps-2131	54	73	and	and	CCONJ
escjerps-2131	54	74	post	post	VERB
escjerps-2131	54	75	the	the	DET
escjerps-2131	54	76	change	change	NOUN
escjerps-2131	54	77	of	of	ADP
escjerps-2131	54	78	its	its	PRON
escjerps-2131	54	79	name	name	NOUN
escjerps-2131	54	80	therefore	therefore	ADV
escjerps-2131	54	81	recommended	recommend	VERB
escjerps-2131	54	82	that	that	SCONJ
escjerps-2131	54	83	entities	entity	NOUN
escjerps-2131	54	84	that	that	PRON
escjerps-2131	54	85	intend	intend	VERB
escjerps-2131	54	86	to	to	PART
escjerps-2131	54	87	change	change	VERB
escjerps-2131	54	88	its	its	PRON
escjerps-2131	54	89	name	name	NOUN
escjerps-2131	54	90	should	should	AUX
escjerps-2131	54	91	engage	engage	VERB
escjerps-2131	54	92	in	in	ADP
escjerps-2131	54	93	more	more	ADJ
escjerps-2131	54	94	sensitization	sensitization	NOUN
escjerps-2131	54	95	for	for	ADP
escjerps-2131	54	96	a	a	DET
escjerps-2131	54	97	specific	specific	ADJ
escjerps-2131	54	98	duration	duration	NOUN
escjerps-2131	54	99	of	of	ADP
escjerps-2131	54	100	time	time	NOUN
escjerps-2131	54	101	to	to	PART
escjerps-2131	54	102	keep	keep	VERB
escjerps-2131	54	103	stakeholders	stakeholder	NOUN
escjerps-2131	54	104	and	and	CCONJ
escjerps-2131	54	105	the	the	DET
escjerps-2131	54	106	public	public	NOUN
escjerps-2131	54	107	at	at	ADP
escjerps-2131	54	108	large	large	ADJ
escjerps-2131	54	109	abreast	abreast	NOUN
escjerps-2131	54	110	before	before	SCONJ
escjerps-2131	54	111	it	it	PRON
escjerps-2131	54	112	change	change	VERB
escjerps-2131	54	113	its	its	PRON
escjerps-2131	54	114	name	name	NOUN
escjerps-2131	54	115	.	.	PUNCT
escjerps-2131	55	1	uremadu	uremadu	ADJ
escjerps-2131	55	2	and	and	CCONJ
escjerps-2131	55	3	onyekachi	onyekachi	PROPN
escjerps-2131	55	4	(	(	PUNCT
escjerps-2131	55	5	2019	2019	NUM
escjerps-2131	55	6	)	)	PUNCT
escjerps-2131	55	7	collated	collate	VERB
escjerps-2131	55	8	data	datum	NOUN
escjerps-2131	55	9	from	from	ADP
escjerps-2131	55	10	consumer	consumer	NOUN
escjerps-2131	55	11	goods	good	NOUN
escjerps-2131	55	12	firm	firm	ADJ
escjerps-2131	55	13	sector	sector	NOUN
escjerps-2131	55	14	of	of	ADP
escjerps-2131	55	15	nigeria	nigeria	PROPN
escjerps-2131	55	16	economy	economy	NOUN
escjerps-2131	55	17	and	and	CCONJ
escjerps-2131	55	18	investigated	investigate	VERB
escjerps-2131	55	19	the	the	DET
escjerps-2131	55	20	effect	effect	NOUN
escjerps-2131	55	21	of	of	ADP
escjerps-2131	55	22	capital	capital	NOUN
escjerps-2131	55	23	structure	structure	NOUN
escjerps-2131	55	24	on	on	ADP
escjerps-2131	55	25	corporate	corporate	ADJ
escjerps-2131	55	26	performance	performance	NOUN
escjerps-2131	55	27	by	by	ADP
escjerps-2131	55	28	employing	employ	VERB
escjerps-2131	55	29	the	the	DET
escjerps-2131	55	30	multiple	multiple	ADJ
escjerps-2131	55	31	regression	regression	NOUN
escjerps-2131	55	32	of	of	ADP
escjerps-2131	55	33	ordinary	ordinary	ADJ
escjerps-2131	55	34	least	least	ADJ
escjerps-2131	55	35	square	square	ADJ
escjerps-2131	55	36	analytical	analytical	ADJ
escjerps-2131	55	37	technique	technique	NOUN
escjerps-2131	55	38	and	and	CCONJ
escjerps-2131	55	39	found	find	VERB
escjerps-2131	55	40	out	out	ADP
escjerps-2131	55	41	that	that	SCONJ
escjerps-2131	55	42	capital	capital	NOUN
escjerps-2131	55	43	structure	structure	NOUN
escjerps-2131	55	44	has	have	VERB
escjerps-2131	55	45	a	a	DET
escjerps-2131	55	46	negative	negative	ADJ
escjerps-2131	55	47	and	and	CCONJ
escjerps-2131	55	48	insignificant	insignificant	ADJ
escjerps-2131	55	49	effect	effect	NOUN
escjerps-2131	55	50	on	on	ADP
escjerps-2131	55	51	corporate	corporate	ADJ
escjerps-2131	55	52	performance	performance	NOUN
escjerps-2131	55	53	of	of	ADP
escjerps-2131	55	54	the	the	DET
escjerps-2131	55	55	consumer	consumer	NOUN
escjerps-2131	55	56	goods	good	NOUN
escjerps-2131	55	57	firm	firm	NOUN
escjerps-2131	55	58	sector	sector	NOUN
escjerps-2131	55	59	of	of	ADP
escjerps-2131	55	60	nigeria	nigeria	PROPN
escjerps-2131	55	61	therefore	therefore	ADV
escjerps-2131	55	62	opined	opine	VERB
escjerps-2131	55	63	that	that	SCONJ
escjerps-2131	55	64	capital	capital	NOUN
escjerps-2131	55	65	structure	structure	NOUN
escjerps-2131	55	66	is	be	AUX
escjerps-2131	55	67	not	not	PART
escjerps-2131	55	68	a	a	DET
escjerps-2131	55	69	major	major	ADJ
escjerps-2131	55	70	determinant	determinant	NOUN
escjerps-2131	55	71	of	of	ADP
escjerps-2131	55	72	firm	firm	ADJ
escjerps-2131	55	73	performance	performance	NOUN
escjerps-2131	55	74	,	,	PUNCT
escjerps-2131	55	75	hence	hence	ADV
escjerps-2131	55	76	recommended	recommend	VERB
escjerps-2131	55	77	that	that	SCONJ
escjerps-2131	55	78	managers	manager	NOUN
escjerps-2131	55	79	and	and	CCONJ
escjerps-2131	55	80	stakeholders	stakeholder	NOUN
escjerps-2131	55	81	should	should	AUX
escjerps-2131	55	82	finance	finance	VERB
escjerps-2131	55	83	its	its	PRON
escjerps-2131	55	84	economic	economic	ADJ
escjerps-2131	55	85	activities	activity	NOUN
escjerps-2131	55	86	via	via	ADP
escjerps-2131	55	87	internal	internal	ADJ
escjerps-2131	55	88	sources	source	NOUN
escjerps-2131	55	89	such	such	ADJ
escjerps-2131	55	90	as	as	ADP
escjerps-2131	55	91	retained	retain	VERB
escjerps-2131	55	92	earnings	earning	NOUN
escjerps-2131	55	93	and	and	CCONJ
escjerps-2131	55	94	also	also	ADV
escjerps-2131	55	95	managers	manager	NOUN
escjerps-2131	55	96	need	need	VERB
escjerps-2131	55	97	to	to	PART
escjerps-2131	55	98	becarefulwhenusingdebtasasourceoffinancingeconomicactivitiesanddebtshouldbecons	becarefulwhenusingdebtasasourceoffinancingeconomicactivitiesanddebtshouldbecon	NOUN
escjerps-2131	55	99	iderasalast	iderasalast	NOUN
escjerps-2131	55	100	option	option	NOUN
escjerps-2131	55	101	as	as	SCONJ
escjerps-2131	55	102	this	this	PRON
escjerps-2131	55	103	is	be	AUX
escjerps-2131	55	104	negate	negate	ADJ
escjerps-2131	55	105	the	the	DET
escjerps-2131	55	106	pecking	pecking	NOUN
escjerps-2131	55	107	order	order	NOUN
escjerps-2131	55	108	theory	theory	NOUN
escjerps-2131	55	109	,	,	PUNCT
escjerps-2131	55	110	therefore	therefore	ADV
escjerps-2131	55	111	corporate	corporate	ADJ
escjerps-2131	55	112	firms	firm	NOUN
escjerps-2131	55	113	should	should	AUX
escjerps-2131	55	114	use	use	VERB
escjerps-2131	55	115	more	more	ADJ
escjerps-2131	55	116	of	of	ADP
escjerps-2131	55	117	equity	equity	NOUN
escjerps-2131	55	118	than	than	ADP
escjerps-2131	55	119	debt	debt	NOUN
escjerps-2131	55	120	in	in	ADP
escjerps-2131	55	121	financing	finance	VERB
escjerps-2131	55	122	their	their	PRON
escjerps-2131	55	123	business	business	NOUN
escjerps-2131	55	124	activities	activity	NOUN
escjerps-2131	55	125	.	.	PUNCT
escjerps-2131	56	1	ngwoke	ngwoke	PROPN
escjerps-2131	56	2	and	and	CCONJ
escjerps-2131	56	3	sergius	sergius	PROPN
escjerps-2131	56	4	(	(	PUNCT
escjerps-2131	56	5	2019	2019	NUM
escjerps-2131	56	6	)	)	PUNCT
escjerps-2131	56	7	investigated	investigate	VERB
escjerps-2131	56	8	the	the	DET
escjerps-2131	56	9	impact	impact	NOUN
escjerps-2131	56	10	of	of	ADP
escjerps-2131	56	11	capital	capital	NOUN
escjerps-2131	56	12	structure	structure	NOUN
escjerps-2131	56	13	on	on	ADP
escjerps-2131	56	14	financial	financial	ADJ
escjerps-2131	56	15	performance	performance	NOUN
escjerps-2131	56	16	of	of	ADP
escjerps-2131	56	17	listed	list	VERB
escjerps-2131	56	18	food	food	NOUN
escjerps-2131	56	19	and	and	CCONJ
escjerps-2131	56	20	beverage	beverage	NOUN
escjerps-2131	56	21	companies	company	NOUN
escjerps-2131	56	22	in	in	ADP
escjerps-2131	56	23	nigeria	nigeria	PROPN
escjerps-2131	56	24	with	with	ADP
escjerps-2131	56	25	secondary	secondary	ADJ
escjerps-2131	56	26	data	datum	NOUN
escjerps-2131	56	27	ranging	range	VERB
escjerps-2131	56	28	from	from	ADP
escjerps-2131	56	29	2007	2007	NUM
escjerps-2131	56	30	to	to	ADP
escjerps-2131	56	31	2016	2016	NUM
escjerps-2131	56	32	by	by	ADP
escjerps-2131	56	33	using	use	VERB
escjerps-2131	56	34	the	the	DET
escjerps-2131	56	35	expost	expost	ADV
escjerps-2131	56	36	facto	facto	X
escjerps-2131	56	37	research	research	NOUN
escjerps-2131	56	38	design	design	NOUN
escjerps-2131	56	39	and	and	CCONJ
escjerps-2131	56	40	multiple	multiple	ADJ
escjerps-2131	56	41	regression	regression	NOUN
escjerps-2131	56	42	analysis	analysis	NOUN
escjerps-2131	56	43	was	be	AUX
escjerps-2131	56	44	employed	employ	VERB
escjerps-2131	56	45	by	by	ADP
escjerps-2131	56	46	using	use	VERB
escjerps-2131	56	47	e	e	NOUN
escjerps-2131	56	48	-	-	NOUN
escjerps-2131	56	49	view	view	ADJ
escjerps-2131	56	50	statistical	statistical	ADJ
escjerps-2131	56	51	package	package	NOUN
escjerps-2131	56	52	and	and	CCONJ
escjerps-2131	56	53	discovered	discover	VERB
escjerps-2131	56	54	that	that	SCONJ
escjerps-2131	56	55	capital	capital	NOUN
escjerps-2131	56	56	structure	structure	NOUN
escjerps-2131	56	57	which	which	PRON
escjerps-2131	56	58	was	be	AUX
escjerps-2131	56	59	represented	represent	VERB
escjerps-2131	56	60	by	by	ADP
escjerps-2131	56	61	current	current	ADJ
escjerps-2131	56	62	debt	debt	NOUN
escjerps-2131	56	63	had	have	VERB
escjerps-2131	56	64	a	a	DET
escjerps-2131	56	65	significant	significant	ADJ
escjerps-2131	56	66	and	and	CCONJ
escjerps-2131	56	67	positive	positive	ADJ
escjerps-2131	56	68	effect	effect	NOUN
escjerps-2131	56	69	on	on	ADP
escjerps-2131	56	70	performance	performance	NOUN
escjerps-2131	56	71	which	which	PRON
escjerps-2131	56	72	was	be	AUX
escjerps-2131	56	73	represented	represent	VERB
escjerps-2131	56	74	by	by	ADP
escjerps-2131	56	75	return	return	NOUN
escjerps-2131	56	76	on	on	ADP
escjerps-2131	56	77	equity	equity	NOUN
escjerps-2131	56	78	however	however	ADV
escjerps-2131	56	79	long	long	ADJ
escjerps-2131	56	80	term	term	NOUN
escjerps-2131	56	81	debt	debt	NOUN
escjerps-2131	56	82	has	have	VERB
escjerps-2131	56	83	no	no	DET
escjerps-2131	56	84	significant	significant	ADJ
escjerps-2131	56	85	statistical	statistical	ADJ
escjerps-2131	56	86	relationship	relationship	NOUN
escjerps-2131	56	87	with	with	ADP
escjerps-2131	56	88	performance	performance	NOUN
escjerps-2131	56	89	therefore	therefore	ADV
escjerps-2131	56	90	recommended	recommend	VERB
escjerps-2131	56	91	that	that	SCONJ
escjerps-2131	56	92	entities	entity	NOUN
escjerps-2131	56	93	should	should	AUX
escjerps-2131	56	94	consider	consider	VERB
escjerps-2131	56	95	equity	equity	NOUN
escjerps-2131	56	96	first	first	ADV
escjerps-2131	56	97	as	as	ADP
escjerps-2131	56	98	a	a	DET
escjerps-2131	56	99	source	source	NOUN
escjerps-2131	56	100	of	of	ADP
escjerps-2131	56	101	financing	finance	VERB
escjerps-2131	56	102	economic	economic	ADJ
escjerps-2131	56	103	activities	activity	NOUN
escjerps-2131	56	104	before	before	ADP
escjerps-2131	56	105	any	any	DET
escjerps-2131	56	106	other	other	ADJ
escjerps-2131	56	107	sources	source	NOUN
escjerps-2131	56	108	.	.	PUNCT
escjerps-2131	57	1	ganiyu	ganiyu	NOUN
escjerps-2131	57	2	,	,	PUNCT
escjerps-2131	57	3	adelopo	adelopo	NOUN
escjerps-2131	57	4	,	,	PUNCT
escjerps-2131	57	5	rodionova	rodionova	PROPN
escjerps-2131	57	6	and	and	CCONJ
escjerps-2131	57	7	samuel	samuel	PROPN
escjerps-2131	57	8	(	(	PUNCT
escjerps-2131	57	9	2019	2019	NUM
escjerps-2131	57	10	)	)	PUNCT
escjerps-2131	57	11	employed	employ	VERB
escjerps-2131	57	12	secondary	secondary	ADJ
escjerps-2131	57	13	data	datum	NOUN
escjerps-2131	57	14	to	to	PART
escjerps-2131	57	15	investigate	investigate	VERB
escjerps-2131	57	16	the	the	DET
escjerps-2131	57	17	effect	effect	NOUN
escjerps-2131	57	18	and	and	CCONJ
escjerps-2131	57	19	relationship	relationship	NOUN
escjerps-2131	57	20	of	of	ADP
escjerps-2131	57	21	capital	capital	NOUN
escjerps-2131	57	22	structure	structure	NOUN
escjerps-2131	57	23	on	on	ADP
escjerps-2131	57	24	entities	entity	NOUN
escjerps-2131	57	25	performance	performance	NOUN
escjerps-2131	57	26	in	in	ADP
escjerps-2131	57	27	nigeria	nigeria	PRON
escjerps-2131	57	28	by	by	ADP
escjerps-2131	57	29	employing	employ	VERB
escjerps-2131	57	30	dynamic	dynamic	ADJ
escjerps-2131	57	31	panel	panel	NOUN
escjerps-2131	57	32	model	model	NOUN
escjerps-2131	57	33	on	on	ADP
escjerps-2131	57	34	panel	panel	NOUN
escjerps-2131	57	35	data	datum	NOUN
escjerps-2131	57	36	of	of	ADP
escjerps-2131	57	37	115	115	NUM
escjerps-2131	57	38	listed	list	VERB
escjerps-2131	57	39	non	non	ADJ
escjerps-2131	57	40	-	-	ADJ
escjerps-2131	57	41	financial	financial	ADJ
escjerps-2131	57	42	entities	entity	NOUN
escjerps-2131	57	43	in	in	ADP
escjerps-2131	57	44	generalized	generalized	ADJ
escjerps-2131	57	45	method	method	NOUN
escjerps-2131	57	46	of	of	ADP
escjerps-2131	57	47	moments	moment	NOUN
escjerps-2131	57	48	estimation	estimation	NOUN
escjerps-2131	57	49	method	method	NOUN
escjerps-2131	57	50	in	in	ADP
escjerps-2131	57	51	a	a	DET
escjerps-2131	57	52	regression	regression	NOUN
escjerps-2131	57	53	model	model	NOUN
escjerps-2131	57	54	and	and	CCONJ
escjerps-2131	57	55	found	find	VERB
escjerps-2131	57	56	out	out	ADP
escjerps-2131	57	57	that	that	SCONJ
escjerps-2131	57	58	there	there	PRON
escjerps-2131	57	59	was	be	VERB
escjerps-2131	57	60	a	a	DET
escjerps-2131	57	61	significant	significant	ADJ
escjerps-2131	57	62	statistical	statistical	ADJ
escjerps-2131	57	63	nexus	nexus	NOUN
escjerps-2131	57	64	exist	exist	VERB
escjerps-2131	57	65	between	between	ADP
escjerps-2131	57	66	capital	capital	NOUN
escjerps-2131	57	67	structure	structure	NOUN
escjerps-2131	57	68	and	and	CCONJ
escjerps-2131	57	69	entities	entity	NOUN
escjerps-2131	57	70	performance	performance	NOUN
escjerps-2131	57	71	when	when	SCONJ
escjerps-2131	57	72	moderate	moderate	ADJ
escjerps-2131	57	73	debt	debt	NOUN
escjerps-2131	57	74	was	be	AUX
escjerps-2131	57	75	employed	employ	VERB
escjerps-2131	57	76	however	however	ADV
escjerps-2131	57	77	a	a	DET
escjerps-2131	57	78	non	non	ADJ
escjerps-2131	57	79	-	-	ADJ
escjerps-2131	57	80	monotonic	monotonic	ADJ
escjerps-2131	57	81	relationship	relationship	NOUN
escjerps-2131	57	82	exist	exist	VERB
escjerps-2131	57	83	between	between	ADP
escjerps-2131	57	84	capital	capital	NOUN
escjerps-2131	57	85	structure	structure	NOUN
escjerps-2131	57	86	and	and	CCONJ
escjerps-2131	57	87	entities	entity	NOUN
escjerps-2131	57	88	performance	performance	NOUN
escjerps-2131	57	89	when	when	SCONJ
escjerps-2131	57	90	excessive	excessive	ADJ
escjerps-2131	57	91	debt	debt	NOUN
escjerps-2131	57	92	was	be	AUX
escjerps-2131	57	93	employed	employ	VERB
escjerps-2131	57	94	,	,	PUNCT
escjerps-2131	57	95	and	and	CCONJ
escjerps-2131	57	96	also	also	ADV
escjerps-2131	57	97	discovered	discover	VERB
escjerps-2131	57	98	that	that	SCONJ
escjerps-2131	57	99	most	most	ADJ
escjerps-2131	57	100	entities	entity	NOUN
escjerps-2131	57	101	in	in	ADP
escjerps-2131	57	102	nigeria	nigeria	PROPN
escjerps-2131	57	103	finance	finance	VERB
escjerps-2131	57	104	its	its	PRON
escjerps-2131	57	105	180	180	NUM
escjerps-2131	57	106	|	|	ADV
escjerps-2131	57	107	p	p	NOUN
escjerps-2131	57	108	a	a	DET
escjerps-2131	57	109	g	g	NOUN
escjerps-2131	57	110	e	e	NOUN
escjerps-2131	57	111	economic	economic	ADJ
escjerps-2131	57	112	activities	activity	NOUN
escjerps-2131	57	113	through	through	ADP
escjerps-2131	57	114	short	short	ADJ
escjerps-2131	57	115	term	term	NOUN
escjerps-2131	57	116	finances	finance	NOUN
escjerps-2131	57	117	therefore	therefore	ADV
escjerps-2131	57	118	concurred	concur	VERB
escjerps-2131	57	119	with	with	ADP
escjerps-2131	57	120	the	the	DET
escjerps-2131	57	121	portability	portability	NOUN
escjerps-2131	57	122	of	of	ADP
escjerps-2131	57	123	the	the	DET
escjerps-2131	57	124	agency	agency	NOUN
escjerps-2131	57	125	cost	cost	NOUN
escjerps-2131	57	126	theory	theory	NOUN
escjerps-2131	57	127	.	.	PUNCT
escjerps-2131	58	1	ezenwakwelu	ezenwakwelu	PROPN
escjerps-2131	58	2	,	,	PUNCT
escjerps-2131	58	3	onyeama	onyeama	NOUN
escjerps-2131	58	4	,	,	PUNCT
escjerps-2131	58	5	osanebi	osanebi	NOUN
escjerps-2131	58	6	,	,	PUNCT
escjerps-2131	58	7	emengini	emengini	NOUN
escjerps-2131	58	8	and	and	CCONJ
escjerps-2131	58	9	abugu	abugu	NOUN
escjerps-2131	58	10	(	(	PUNCT
escjerps-2131	58	11	2019	2019	NUM
escjerps-2131	58	12	)	)	PUNCT
escjerps-2131	58	13	investigated	investigate	VERB
escjerps-2131	58	14	the	the	DET
escjerps-2131	58	15	capital	capital	NOUN
escjerps-2131	58	16	structure	structure	NOUN
escjerps-2131	58	17	determinants	determinant	NOUN
escjerps-2131	58	18	and	and	CCONJ
escjerps-2131	58	19	performance	performance	NOUN
escjerps-2131	58	20	of	of	ADP
escjerps-2131	58	21	startup	startup	NOUN
escjerps-2131	58	22	firms	firm	NOUN
escjerps-2131	58	23	in	in	ADP
escjerps-2131	58	24	developing	develop	VERB
escjerps-2131	58	25	economies	economy	NOUN
escjerps-2131	58	26	like	like	ADP
escjerps-2131	58	27	nigeria	nigeria	PROPN
escjerps-2131	58	28	via	via	ADP
escjerps-2131	58	29	conceptual	conceptual	ADJ
escjerps-2131	58	30	review	review	NOUN
escjerps-2131	58	31	by	by	ADP
escjerps-2131	58	32	employing	employ	VERB
escjerps-2131	58	33	secondary	secondary	ADJ
escjerps-2131	58	34	data	datum	NOUN
escjerps-2131	58	35	and	and	CCONJ
escjerps-2131	58	36	found	find	VERB
escjerps-2131	58	37	out	out	ADP
escjerps-2131	58	38	that	that	SCONJ
escjerps-2131	58	39	levered	lever	VERB
escjerps-2131	58	40	firms	firm	NOUN
escjerps-2131	58	41	has	have	VERB
escjerps-2131	58	42	more	more	ADJ
escjerps-2131	58	43	tax	tax	NOUN
escjerps-2131	58	44	sheltered	shelter	VERB
escjerps-2131	58	45	than	than	ADP
escjerps-2131	58	46	unlevered	unlevered	ADJ
escjerps-2131	58	47	firms	firm	NOUN
escjerps-2131	58	48	,	,	PUNCT
escjerps-2131	58	49	the	the	PRON
escjerps-2131	58	50	more	more	ADV
escjerps-2131	58	51	a	a	DET
escjerps-2131	58	52	firm	firm	NOUN
escjerps-2131	58	53	is	be	AUX
escjerps-2131	58	54	levered	lever	VERB
escjerps-2131	58	55	,	,	PUNCT
escjerps-2131	58	56	the	the	PRON
escjerps-2131	58	57	higher	high	ADJ
escjerps-2131	58	58	the	the	DET
escjerps-2131	58	59	rate	rate	NOUN
escjerps-2131	58	60	of	of	ADP
escjerps-2131	58	61	return	return	NOUN
escjerps-2131	58	62	to	to	ADP
escjerps-2131	58	63	the	the	DET
escjerps-2131	58	64	equity	equity	NOUN
escjerps-2131	58	65	holders	holder	NOUN
escjerps-2131	58	66	however	however	ADV
escjerps-2131	58	67	when	when	SCONJ
escjerps-2131	58	68	the	the	DET
escjerps-2131	58	69	net	net	ADJ
escjerps-2131	58	70	operating	operating	NOUN
escjerps-2131	58	71	income	income	NOUN
escjerps-2131	58	72	is	be	AUX
escjerps-2131	58	73	weak	weak	ADJ
escjerps-2131	58	74	unlevered	unlevered	ADJ
escjerps-2131	58	75	firms	firm	NOUN
escjerps-2131	58	76	will	will	AUX
escjerps-2131	58	77	perform	perform	VERB
escjerps-2131	58	78	better	well	ADJ
escjerps-2131	58	79	than	than	ADP
escjerps-2131	58	80	the	the	DET
escjerps-2131	58	81	levered	lever	VERB
escjerps-2131	58	82	firms	firm	NOUN
escjerps-2131	58	83	also	also	ADV
escjerps-2131	58	84	if	if	SCONJ
escjerps-2131	58	85	the	the	DET
escjerps-2131	58	86	net	net	ADJ
escjerps-2131	58	87	operating	operating	NOUN
escjerps-2131	58	88	income	income	NOUN
escjerps-2131	58	89	of	of	ADP
escjerps-2131	58	90	an	an	DET
escjerps-2131	58	91	firm	firm	NOUN
escjerps-2131	58	92	is	be	AUX
escjerps-2131	58	93	strong	strong	ADJ
escjerps-2131	58	94	and	and	CCONJ
escjerps-2131	58	95	is	be	AUX
escjerps-2131	58	96	also	also	ADV
escjerps-2131	58	97	very	very	ADV
escjerps-2131	58	98	levered	lever	VERB
escjerps-2131	58	99	it	it	PRON
escjerps-2131	58	100	will	will	AUX
escjerps-2131	58	101	propelled	propel	VERB
escjerps-2131	58	102	the	the	DET
escjerps-2131	58	103	rate	rate	NOUN
escjerps-2131	58	104	of	of	ADP
escjerps-2131	58	105	return	return	NOUN
escjerps-2131	58	106	to	to	PART
escjerps-2131	58	107	increase	increase	VERB
escjerps-2131	58	108	,	,	PUNCT
escjerps-2131	58	109	therefore	therefore	ADV
escjerps-2131	58	110	opined	opine	VERB
escjerps-2131	58	111	that	that	SCONJ
escjerps-2131	58	112	the	the	DET
escjerps-2131	58	113	level	level	NOUN
escjerps-2131	58	114	of	of	ADP
escjerps-2131	58	115	debt	debt	NOUN
escjerps-2131	58	116	and	and	CCONJ
escjerps-2131	58	117	equity	equity	NOUN
escjerps-2131	58	118	in	in	ADP
escjerps-2131	58	119	an	an	DET
escjerps-2131	58	120	entity	entity	NOUN
escjerps-2131	58	121	has	have	VERB
escjerps-2131	58	122	implication	implication	NOUN
escjerps-2131	58	123	on	on	ADP
escjerps-2131	58	124	the	the	DET
escjerps-2131	58	125	capital	capital	NOUN
escjerps-2131	58	126	structure	structure	NOUN
escjerps-2131	58	127	and	and	CCONJ
escjerps-2131	58	128	associated	associate	VERB
escjerps-2131	58	129	risk	risk	NOUN
escjerps-2131	58	130	on	on	ADP
escjerps-2131	58	131	performance	performance	NOUN
escjerps-2131	58	132	hence	hence	ADV
escjerps-2131	58	133	recommended	recommend	VERB
escjerps-2131	58	134	that	that	SCONJ
escjerps-2131	58	135	entities	entity	NOUN
escjerps-2131	58	136	should	should	AUX
escjerps-2131	58	137	keep	keep	VERB
escjerps-2131	58	138	an	an	DET
escjerps-2131	58	139	optimal	optimal	ADJ
escjerps-2131	58	140	capital	capital	NOUN
escjerps-2131	58	141	structure	structure	NOUN
escjerps-2131	58	142	.	.	PUNCT
escjerps-2131	59	1	fredrick	fredrick	PROPN
escjerps-2131	59	2	and	and	CCONJ
escjerps-2131	59	3	eboiyehi	eboiyehi	NOUN
escjerps-2131	59	4	(	(	PUNCT
escjerps-2131	59	5	2018	2018	NUM
escjerps-2131	59	6	)	)	PUNCT
escjerps-2131	59	7	employed	employ	VERB
escjerps-2131	59	8	the	the	DET
escjerps-2131	59	9	panel	panel	NOUN
escjerps-2131	59	10	corrected	correct	VERB
escjerps-2131	59	11	standard	standard	ADJ
escjerps-2131	59	12	error	error	NOUN
escjerps-2131	59	13	(	(	PUNCT
escjerps-2131	59	14	pcse	pcse	NOUN
escjerps-2131	59	15	)	)	PUNCT
escjerps-2131	59	16	technique	technique	NOUN
escjerps-2131	59	17	to	to	PART
escjerps-2131	59	18	examined	examine	VERB
escjerps-2131	59	19	the	the	DET
escjerps-2131	59	20	impact	impact	NOUN
escjerps-2131	59	21	of	of	ADP
escjerps-2131	59	22	capital	capital	NOUN
escjerps-2131	59	23	structure	structure	NOUN
escjerps-2131	59	24	on	on	ADP
escjerps-2131	59	25	corporate	corporate	ADJ
escjerps-2131	59	26	firms	firm	NOUN
escjerps-2131	59	27	financial	financial	ADJ
escjerps-2131	59	28	distress	distress	NOUN
escjerps-2131	59	29	of	of	ADP
escjerps-2131	59	30	manufacturing	manufacturing	NOUN
escjerps-2131	59	31	firms	firm	NOUN
escjerps-2131	59	32	in	in	ADP
escjerps-2131	59	33	nigeria	nigeria	PROPN
escjerps-2131	59	34	by	by	ADP
escjerps-2131	59	35	employing	employ	VERB
escjerps-2131	59	36	variables	variable	NOUN
escjerps-2131	59	37	such	such	ADJ
escjerps-2131	59	38	as	as	ADP
escjerps-2131	59	39	corporate	corporate	ADJ
escjerps-2131	59	40	financial	financial	ADJ
escjerps-2131	59	41	distress	distress	NOUN
escjerps-2131	59	42	,	,	PUNCT
escjerps-2131	59	43	capital	capital	NOUN
escjerps-2131	59	44	structure	structure	NOUN
escjerps-2131	59	45	,	,	PUNCT
escjerps-2131	59	46	firm	firm	ADJ
escjerps-2131	59	47	size	size	NOUN
escjerps-2131	59	48	,	,	PUNCT
escjerps-2131	59	49	assets	asset	NOUN
escjerps-2131	59	50	tangibility	tangibility	NOUN
escjerps-2131	59	51	,	,	PUNCT
escjerps-2131	59	52	revenue	revenue	NOUN
escjerps-2131	59	53	growth	growth	NOUN
escjerps-2131	59	54	,	,	PUNCT
escjerps-2131	59	55	profitability	profitability	NOUN
escjerps-2131	59	56	and	and	CCONJ
escjerps-2131	59	57	age	age	NOUN
escjerps-2131	59	58	of	of	ADP
escjerps-2131	59	59	firms	firm	NOUN
escjerps-2131	59	60	and	and	CCONJ
escjerps-2131	59	61	found	find	VERB
escjerps-2131	59	62	out	out	ADP
escjerps-2131	59	63	that	that	SCONJ
escjerps-2131	59	64	capital	capital	NOUN
escjerps-2131	59	65	structure	structure	NOUN
escjerps-2131	59	66	,	,	PUNCT
escjerps-2131	59	67	firm	firm	ADJ
escjerps-2131	59	68	growth	growth	NOUN
escjerps-2131	59	69	and	and	CCONJ
escjerps-2131	59	70	firm	firm	ADJ
escjerps-2131	59	71	size	size	NOUN
escjerps-2131	59	72	influences	influence	VERB
escjerps-2131	59	73	corporate	corporate	ADJ
escjerps-2131	59	74	financial	financial	ADJ
escjerps-2131	59	75	distress	distress	NOUN
escjerps-2131	59	76	negatively	negatively	ADV
escjerps-2131	59	77	however	however	SCONJ
escjerps-2131	59	78	variables	variable	NOUN
escjerps-2131	59	79	such	such	ADJ
escjerps-2131	59	80	as	as	ADP
escjerps-2131	59	81	age	age	NOUN
escjerps-2131	59	82	of	of	ADP
escjerps-2131	59	83	firms	firm	NOUN
escjerps-2131	59	84	,	,	PUNCT
escjerps-2131	59	85	profitability	profitability	NOUN
escjerps-2131	59	86	and	and	CCONJ
escjerps-2131	59	87	asset	asset	NOUN
escjerps-2131	59	88	tangibility	tangibility	NOUN
escjerps-2131	59	89	influences	influence	VERB
escjerps-2131	59	90	corporate	corporate	ADJ
escjerps-2131	59	91	financial	financial	ADJ
escjerps-2131	59	92	distress	distress	NOUN
escjerps-2131	59	93	positively	positively	ADV
escjerps-2131	59	94	,	,	PUNCT
escjerps-2131	59	95	therefore	therefore	ADV
escjerps-2131	59	96	recommended	recommend	VERB
escjerps-2131	59	97	that	that	SCONJ
escjerps-2131	59	98	the	the	DET
escjerps-2131	59	99	central	central	ADJ
escjerps-2131	59	100	bank	bank	PROPN
escjerps-2131	59	101	of	of	ADP
escjerps-2131	59	102	nigeria	nigeria	PROPN
escjerps-2131	59	103	should	should	AUX
escjerps-2131	59	104	give	give	VERB
escjerps-2131	59	105	preferential	preferential	ADJ
escjerps-2131	59	106	treatment	treatment	NOUN
escjerps-2131	59	107	to	to	ADP
escjerps-2131	59	108	manufacturing	manufacturing	NOUN
escjerps-2131	59	109	sector	sector	NOUN
escjerps-2131	59	110	by	by	ADP
escjerps-2131	59	111	lower	low	ADJ
escjerps-2131	59	112	cost	cost	NOUN
escjerps-2131	59	113	of	of	ADP
escjerps-2131	59	114	borrowing	borrowing	NOUN
escjerps-2131	59	115	,	,	PUNCT
escjerps-2131	59	116	managers	manager	NOUN
escjerps-2131	59	117	and	and	CCONJ
escjerps-2131	59	118	stakeholders	stakeholder	NOUN
escjerps-2131	59	119	should	should	AUX
escjerps-2131	59	120	be	be	AUX
escjerps-2131	59	121	cautious	cautious	ADJ
escjerps-2131	59	122	when	when	SCONJ
escjerps-2131	59	123	planning	plan	VERB
escjerps-2131	59	124	the	the	DET
escjerps-2131	59	125	entity	entity	NOUN
escjerps-2131	59	126	capital	capital	NOUN
escjerps-2131	59	127	structure	structure	NOUN
escjerps-2131	59	128	,	,	PUNCT
escjerps-2131	59	129	internal	internal	ADJ
escjerps-2131	59	130	sources	source	NOUN
escjerps-2131	59	131	of	of	ADP
escjerps-2131	59	132	fund	fund	NOUN
escjerps-2131	59	133	should	should	AUX
escjerps-2131	59	134	be	be	AUX
escjerps-2131	59	135	used	use	VERB
escjerps-2131	59	136	to	to	PART
escjerps-2131	59	137	finance	finance	VERB
escjerps-2131	59	138	economic	economic	ADJ
escjerps-2131	59	139	activities	activity	NOUN
escjerps-2131	59	140	rather	rather	ADV
escjerps-2131	59	141	than	than	ADP
escjerps-2131	59	142	external	external	ADJ
escjerps-2131	59	143	source	source	NOUN
escjerps-2131	59	144	,	,	PUNCT
escjerps-2131	59	145	and	and	CCONJ
escjerps-2131	59	146	government	government	NOUN
escjerps-2131	59	147	should	should	AUX
escjerps-2131	59	148	give	give	VERB
escjerps-2131	59	149	preferential	preferential	ADJ
escjerps-2131	59	150	tax	tax	NOUN
escjerps-2131	59	151	treatment	treatment	NOUN
escjerps-2131	59	152	to	to	ADP
escjerps-2131	59	153	entity	entity	NOUN
escjerps-2131	59	154	in	in	ADP
escjerps-2131	59	155	the	the	DET
escjerps-2131	59	156	manufacturing	manufacturing	NOUN
escjerps-2131	59	157	sector	sector	NOUN
escjerps-2131	59	158	.	.	PUNCT
escjerps-2131	60	1	odusanya	odusanya	PROPN
escjerps-2131	60	2	,	,	PUNCT
escjerps-2131	60	3	yinusa	yinusa	NOUN
escjerps-2131	60	4	and	and	CCONJ
escjerps-2131	60	5	bamidele	bamidele	PROPN
escjerps-2131	60	6	(	(	PUNCT
escjerps-2131	60	7	2018	2018	NUM
escjerps-2131	60	8	)	)	PUNCT
escjerps-2131	60	9	employed	employ	VERB
escjerps-2131	60	10	secondary	secondary	ADJ
escjerps-2131	60	11	data	datum	NOUN
escjerps-2131	60	12	from	from	ADP
escjerps-2131	60	13	nigeria	nigeria	PROPN
escjerps-2131	60	14	stock	stock	PROPN
escjerps-2131	60	15	exchange	exchange	PROPN
escjerps-2131	60	16	to	to	PART
escjerps-2131	60	17	investigated	investigate	VERB
escjerps-2131	60	18	the	the	DET
escjerps-2131	60	19	factors	factor	NOUN
escjerps-2131	60	20	behind	behind	ADP
escjerps-2131	60	21	a	a	DET
escjerps-2131	60	22	firm	firm	ADJ
escjerps-2131	60	23	profitability	profitability	NOUN
escjerps-2131	60	24	for	for	ADP
escjerps-2131	60	25	114	114	NUM
escjerps-2131	60	26	firms	firm	NOUN
escjerps-2131	60	27	ranging	range	VERB
escjerps-2131	60	28	from	from	ADP
escjerps-2131	60	29	1998	1998	NUM
escjerps-2131	60	30	to	to	ADP
escjerps-2131	60	31	2012	2012	NUM
escjerps-2131	60	32	by	by	ADP
escjerps-2131	60	33	employing	employ	VERB
escjerps-2131	60	34	the	the	DET
escjerps-2131	60	35	system	system	NOUN
escjerps-2131	60	36	generalized	generalize	VERB
escjerps-2131	60	37	method	method	NOUN
escjerps-2131	60	38	of	of	ADP
escjerps-2131	60	39	moments	moment	NOUN
escjerps-2131	60	40	,	,	PUNCT
escjerps-2131	60	41	and	and	CCONJ
escjerps-2131	60	42	found	find	VERB
escjerps-2131	60	43	out	out	ADP
escjerps-2131	60	44	that	that	SCONJ
escjerps-2131	60	45	short	short	ADJ
escjerps-2131	60	46	-	-	PUNCT
escjerps-2131	60	47	term	term	NOUN
escjerps-2131	60	48	leverage	leverage	NOUN
escjerps-2131	60	49	,	,	PUNCT
escjerps-2131	60	50	inflation	inflation	NOUN
escjerps-2131	60	51	rate	rate	NOUN
escjerps-2131	60	52	,	,	PUNCT
escjerps-2131	60	53	interest	interest	NOUN
escjerps-2131	60	54	rate	rate	NOUN
escjerps-2131	60	55	and	and	CCONJ
escjerps-2131	60	56	financial	financial	ADJ
escjerps-2131	60	57	risk	risk	NOUN
escjerps-2131	60	58	have	have	VERB
escjerps-2131	60	59	significant	significant	ADJ
escjerps-2131	60	60	negative	negative	ADJ
escjerps-2131	60	61	impact	impact	NOUN
escjerps-2131	60	62	on	on	ADP
escjerps-2131	60	63	firm	firm	ADJ
escjerps-2131	60	64	profitability	profitability	NOUN
escjerps-2131	60	65	however	however	ADV
escjerps-2131	60	66	lagged	lag	VERB
escjerps-2131	60	67	profitability	profitability	NOUN
escjerps-2131	60	68	has	have	VERB
escjerps-2131	60	69	a	a	DET
escjerps-2131	60	70	significant	significant	ADJ
escjerps-2131	60	71	positive	positive	ADJ
escjerps-2131	60	72	impact	impact	NOUN
escjerps-2131	60	73	on	on	ADP
escjerps-2131	60	74	contemporaneous	contemporaneous	ADJ
escjerps-2131	60	75	firm	firm	ADJ
escjerps-2131	60	76	profitability	profitability	NOUN
escjerps-2131	60	77	therefore	therefore	ADV
escjerps-2131	60	78	recommended	recommend	VERB
escjerps-2131	60	79	that	that	SCONJ
escjerps-2131	60	80	the	the	DET
escjerps-2131	60	81	cost	cost	NOUN
escjerps-2131	60	82	of	of	ADP
escjerps-2131	60	83	borrowing	borrowing	NOUN
escjerps-2131	60	84	to	to	ADP
escjerps-2131	60	85	the	the	DET
escjerps-2131	60	86	real	real	ADJ
escjerps-2131	60	87	sector	sector	NOUN
escjerps-2131	60	88	of	of	ADP
escjerps-2131	60	89	the	the	DET
escjerps-2131	60	90	economy	economy	NOUN
escjerps-2131	60	91	should	should	AUX
escjerps-2131	60	92	be	be	AUX
escjerps-2131	60	93	reduced	reduce	VERB
escjerps-2131	60	94	in	in	SCONJ
escjerps-2131	60	95	order	order	NOUN
escjerps-2131	60	96	to	to	PART
escjerps-2131	60	97	minimize	minimize	VERB
escjerps-2131	60	98	costs	cost	NOUN
escjerps-2131	60	99	of	of	ADP
escjerps-2131	60	100	production	production	NOUN
escjerps-2131	60	101	,	,	PUNCT
escjerps-2131	60	102	enhance	enhance	VERB
escjerps-2131	60	103	productivity	productivity	NOUN
escjerps-2131	60	104	and	and	CCONJ
escjerps-2131	60	105	profitability	profitability	NOUN
escjerps-2131	60	106	and	and	CCONJ
escjerps-2131	60	107	also	also	ADV
escjerps-2131	60	108	necessary	necessary	ADJ
escjerps-2131	60	109	macroeconomic	macroeconomic	ADJ
escjerps-2131	60	110	policies	policy	NOUN
escjerps-2131	60	111	should	should	AUX
escjerps-2131	60	112	be	be	AUX
escjerps-2131	60	113	put	put	VERB
escjerps-2131	60	114	in	in	ADP
escjerps-2131	60	115	place	place	NOUN
escjerps-2131	60	116	by	by	ADP
escjerps-2131	60	117	the	the	DET
escjerps-2131	60	118	government	government	NOUN
escjerps-2131	60	119	to	to	PART
escjerps-2131	60	120	curb	curb	VERB
escjerps-2131	60	121	the	the	DET
escjerps-2131	60	122	rising	rise	VERB
escjerps-2131	60	123	inflation	inflation	NOUN
escjerps-2131	60	124	rate	rate	NOUN
escjerps-2131	60	125	in	in	ADP
escjerps-2131	60	126	the	the	DET
escjerps-2131	60	127	economy	economy	NOUN
escjerps-2131	60	128	.	.	PUNCT
escjerps-2131	61	1	ajibola	ajibola	PROPN
escjerps-2131	61	2	,	,	PUNCT
escjerps-2131	61	3	wisdom	wisdom	NOUN
escjerps-2131	61	4	and	and	CCONJ
escjerps-2131	61	5	qudus	qudus	NOUN
escjerps-2131	61	6	(	(	PUNCT
escjerps-2131	61	7	2018	2018	NUM
escjerps-2131	61	8	)	)	PUNCT
escjerps-2131	61	9	employed	employ	VERB
escjerps-2131	61	10	secondary	secondary	ADJ
escjerps-2131	61	11	data	datum	NOUN
escjerps-2131	61	12	ranging	range	VERB
escjerps-2131	61	13	from	from	ADP
escjerps-2131	61	14	2005	2005	NUM
escjerps-2131	61	15	to	to	ADP
escjerps-2131	61	16	2014	2014	NUM
escjerps-2131	61	17	to	to	PART
escjerps-2131	61	18	investigated	investigate	VERB
escjerps-2131	61	19	the	the	DET
escjerps-2131	61	20	impact	impact	NOUN
escjerps-2131	61	21	of	of	ADP
escjerps-2131	61	22	capital	capital	NOUN
escjerps-2131	61	23	structure	structure	NOUN
escjerps-2131	61	24	on	on	ADP
escjerps-2131	61	25	financial	financial	ADJ
escjerps-2131	61	26	performance	performance	NOUN
escjerps-2131	61	27	of	of	ADP
escjerps-2131	61	28	quoted	quote	VERB
escjerps-2131	61	29	181	181	NUM
escjerps-2131	62	1	|	|	ADV
escjerps-2131	62	2	p	p	NOUN
escjerps-2131	62	3	a	a	DET
escjerps-2131	62	4	g	g	PROPN
escjerps-2131	62	5	e	e	X
escjerps-2131	62	6	nigeria	nigeria	PROPN
escjerps-2131	62	7	manufacturing	manufacturing	NOUN
escjerps-2131	62	8	firms	firm	NOUN
escjerps-2131	62	9	by	by	ADP
escjerps-2131	62	10	employing	employ	VERB
escjerps-2131	62	11	the	the	DET
escjerps-2131	62	12	panel	panel	NOUN
escjerps-2131	62	13	ordinary	ordinary	ADJ
escjerps-2131	62	14	least	least	ADJ
escjerps-2131	62	15	square	square	ADJ
escjerps-2131	62	16	model	model	NOUN
escjerps-2131	62	17	and	and	CCONJ
escjerps-2131	62	18	found	find	VERB
escjerps-2131	62	19	out	out	ADP
escjerps-2131	62	20	that	that	SCONJ
escjerps-2131	62	21	there	there	PRON
escjerps-2131	62	22	was	be	VERB
escjerps-2131	62	23	a	a	DET
escjerps-2131	62	24	statistically	statistically	ADV
escjerps-2131	62	25	significant	significant	ADJ
escjerps-2131	62	26	nexus	nexus	NOUN
escjerps-2131	62	27	between	between	ADP
escjerps-2131	62	28	non	non	ADJ
escjerps-2131	62	29	-	-	ADJ
escjerps-2131	62	30	current	current	ADJ
escjerps-2131	62	31	debt	debt	NOUN
escjerps-2131	62	32	ratio	ratio	NOUN
escjerps-2131	62	33	which	which	PRON
escjerps-2131	62	34	is	be	AUX
escjerps-2131	62	35	an	an	DET
escjerps-2131	62	36	element	element	NOUN
escjerps-2131	62	37	of	of	ADP
escjerps-2131	62	38	capital	capital	NOUN
escjerps-2131	62	39	structure	structure	NOUN
escjerps-2131	62	40	and	and	CCONJ
escjerps-2131	62	41	the	the	DET
escjerps-2131	62	42	entity	entity	NOUN
escjerps-2131	62	43	performance	performance	NOUN
escjerps-2131	62	44	which	which	PRON
escjerps-2131	62	45	was	be	AUX
escjerps-2131	62	46	represented	represent	VERB
escjerps-2131	62	47	return	return	NOUN
escjerps-2131	62	48	on	on	ADP
escjerps-2131	62	49	equity	equity	NOUN
escjerps-2131	62	50	however	however	ADV
escjerps-2131	62	51	a	a	DET
escjerps-2131	62	52	positive	positive	ADJ
escjerps-2131	62	53	statistically	statistically	ADV
escjerps-2131	62	54	insignificant	insignificant	ADJ
escjerps-2131	62	55	nexus	nexus	NOUN
escjerps-2131	62	56	between	between	ADP
escjerps-2131	62	57	performance	performance	NOUN
escjerps-2131	62	58	and	and	CCONJ
escjerps-2131	62	59	current	current	ADJ
escjerps-2131	62	60	debt	debt	NOUN
escjerps-2131	62	61	ratio	ratio	NOUN
escjerps-2131	62	62	also	also	ADV
escjerps-2131	62	63	a	a	DET
escjerps-2131	62	64	negative	negative	ADJ
escjerps-2131	62	65	insignificant	insignificant	ADJ
escjerps-2131	62	66	nexus	nexus	NOUN
escjerps-2131	62	67	between	between	ADP
escjerps-2131	62	68	all	all	DET
escjerps-2131	62	69	other	other	ADJ
escjerps-2131	62	70	proxies	proxy	NOUN
escjerps-2131	62	71	of	of	ADP
escjerps-2131	62	72	capital	capital	NOUN
escjerps-2131	62	73	structure	structure	NOUN
escjerps-2131	62	74	with	with	ADP
escjerps-2131	62	75	respect	respect	NOUN
escjerps-2131	62	76	to	to	ADP
escjerps-2131	62	77	the	the	DET
escjerps-2131	62	78	other	other	ADJ
escjerps-2131	62	79	proxies	proxy	NOUN
escjerps-2131	62	80	of	of	ADP
escjerps-2131	62	81	performance	performance	NOUN
escjerps-2131	62	82	(	(	PUNCT
escjerps-2131	62	83	return	return	VERB
escjerps-2131	62	84	on	on	ADP
escjerps-2131	62	85	asset	asset	NOUN
escjerps-2131	62	86	)	)	PUNCT
escjerps-2131	62	87	therefore	therefore	ADV
escjerps-2131	62	88	opined	opine	VERB
escjerps-2131	62	89	that	that	PRON
escjerps-2131	62	90	return	return	NOUN
escjerps-2131	62	91	on	on	ADP
escjerps-2131	62	92	equity	equity	NOUN
escjerps-2131	62	93	is	be	AUX
escjerps-2131	62	94	the	the	DET
escjerps-2131	62	95	best	good	ADJ
escjerps-2131	62	96	performance	performance	NOUN
escjerps-2131	62	97	measure	measure	NOUN
escjerps-2131	62	98	with	with	ADP
escjerps-2131	62	99	respect	respect	NOUN
escjerps-2131	62	100	to	to	ADP
escjerps-2131	62	101	that	that	DET
escjerps-2131	62	102	capital	capital	NOUN
escjerps-2131	62	103	structure	structure	NOUN
escjerps-2131	62	104	of	of	ADP
escjerps-2131	62	105	an	an	DET
escjerps-2131	62	106	entity	entity	NOUN
escjerps-2131	62	107	and	and	CCONJ
escjerps-2131	62	108	entities	entity	NOUN
escjerps-2131	62	109	should	should	AUX
escjerps-2131	62	110	employ	employ	VERB
escjerps-2131	62	111	non	non	ADJ
escjerps-2131	62	112	-	-	ADJ
escjerps-2131	62	113	current	current	ADJ
escjerps-2131	62	114	debts	debt	NOUN
escjerps-2131	62	115	in	in	ADP
escjerps-2131	62	116	financing	finance	VERB
escjerps-2131	62	117	her	her	PRON
escjerps-2131	62	118	economic	economic	ADJ
escjerps-2131	62	119	activities	activity	NOUN
escjerps-2131	62	120	hence	hence	ADV
escjerps-2131	62	121	recommended	recommend	VERB
escjerps-2131	62	122	that	that	SCONJ
escjerps-2131	62	123	all	all	DET
escjerps-2131	62	124	entities	entity	NOUN
escjerps-2131	62	125	should	should	AUX
escjerps-2131	62	126	make	make	VERB
escjerps-2131	62	127	good	good	ADJ
escjerps-2131	62	128	capital	capital	NOUN
escjerps-2131	62	129	structures	structure	NOUN
escjerps-2131	62	130	decision	decision	NOUN
escjerps-2131	62	131	to	to	PART
escjerps-2131	62	132	in	in	ADP
escjerps-2131	62	133	order	order	NOUN
escjerps-2131	62	134	to	to	PART
escjerps-2131	62	135	improve	improve	VERB
escjerps-2131	62	136	its	its	PRON
escjerps-2131	62	137	performance	performance	NOUN
escjerps-2131	62	138	.	.	PUNCT
escjerps-2131	63	1	oladele	oladele	PROPN
escjerps-2131	63	2	,	,	PUNCT
escjerps-2131	63	3	omotosho	omotosho	NOUN
escjerps-2131	63	4	and	and	CCONJ
escjerps-2131	63	5	adeniyi	adeniyi	ADV
escjerps-2131	63	6	(	(	PUNCT
escjerps-2131	63	7	2017	2017	NUM
escjerps-2131	63	8	)	)	PUNCT
escjerps-2131	63	9	employed	employ	VERB
escjerps-2131	63	10	secondary	secondary	ADJ
escjerps-2131	63	11	data	datum	NOUN
escjerps-2131	63	12	ranging	range	VERB
escjerps-2131	63	13	from	from	ADP
escjerps-2131	63	14	2004	2004	NUM
escjerps-2131	63	15	to	to	ADP
escjerps-2131	63	16	2013	2013	NUM
escjerps-2131	63	17	and	and	CCONJ
escjerps-2131	63	18	examined	examine	VERB
escjerps-2131	63	19	the	the	DET
escjerps-2131	63	20	impact	impact	NOUN
escjerps-2131	63	21	of	of	ADP
escjerps-2131	63	22	capital	capital	NOUN
escjerps-2131	63	23	structure	structure	NOUN
escjerps-2131	63	24	on	on	ADP
escjerps-2131	63	25	the	the	DET
escjerps-2131	63	26	performance	performance	NOUN
escjerps-2131	63	27	of	of	ADP
escjerps-2131	63	28	fifty	fifty	NUM
escjerps-2131	63	29	eight	eight	NUM
escjerps-2131	63	30	nigerian	nigerian	ADJ
escjerps-2131	63	31	listed	list	VERB
escjerps-2131	63	32	manufacturing	manufacturing	NOUN
escjerps-2131	63	33	firms	firm	NOUN
escjerps-2131	63	34	by	by	ADP
escjerps-2131	63	35	employing	employ	VERB
escjerps-2131	63	36	multiple	multiple	ADJ
escjerps-2131	63	37	regression	regression	NOUN
escjerps-2131	63	38	model	model	NOUN
escjerps-2131	63	39	and	and	CCONJ
escjerps-2131	63	40	found	find	VERB
escjerps-2131	63	41	out	out	ADP
escjerps-2131	63	42	that	that	SCONJ
escjerps-2131	63	43	capital	capital	NOUN
escjerps-2131	63	44	structure	structure	NOUN
escjerps-2131	63	45	has	have	VERB
escjerps-2131	63	46	no	no	DET
escjerps-2131	63	47	significant	significant	ADJ
escjerps-2131	63	48	impact	impact	NOUN
escjerps-2131	63	49	on	on	ADP
escjerps-2131	63	50	performance	performance	NOUN
escjerps-2131	63	51	which	which	PRON
escjerps-2131	63	52	was	be	AUX
escjerps-2131	63	53	represented	represent	VERB
escjerps-2131	63	54	by	by	ADP
escjerps-2131	63	55	return	return	NOUN
escjerps-2131	63	56	on	on	ADP
escjerps-2131	63	57	equity	equity	NOUN
escjerps-2131	63	58	however	however	ADV
escjerps-2131	63	59	a	a	DET
escjerps-2131	63	60	significant	significant	ADJ
escjerps-2131	63	61	impact	impact	NOUN
escjerps-2131	63	62	exist	exist	VERB
escjerps-2131	63	63	with	with	ADP
escjerps-2131	63	64	respect	respect	NOUN
escjerps-2131	63	65	to	to	PART
escjerps-2131	63	66	return	return	VERB
escjerps-2131	63	67	on	on	ADP
escjerps-2131	63	68	assets	asset	NOUN
escjerps-2131	63	69	,	,	PUNCT
escjerps-2131	63	70	earnings	earning	NOUN
escjerps-2131	63	71	per	per	ADP
escjerps-2131	63	72	share	share	NOUN
escjerps-2131	63	73	therefore	therefore	ADV
escjerps-2131	63	74	recommended	recommend	VERB
escjerps-2131	63	75	that	that	SCONJ
escjerps-2131	63	76	investors	investor	NOUN
escjerps-2131	63	77	and	and	CCONJ
escjerps-2131	63	78	stakeholders	stakeholder	NOUN
escjerps-2131	63	79	should	should	AUX
escjerps-2131	63	80	consider	consider	VERB
escjerps-2131	63	81	the	the	DET
escjerps-2131	63	82	leverage	leverage	NOUN
escjerps-2131	63	83	level	level	NOUN
escjerps-2131	63	84	of	of	ADP
escjerps-2131	63	85	an	an	DET
escjerps-2131	63	86	entity	entity	NOUN
escjerps-2131	63	87	before	before	ADP
escjerps-2131	63	88	committing	commit	VERB
escjerps-2131	63	89	their	their	PRON
escjerps-2131	63	90	funds	fund	NOUN
escjerps-2131	63	91	into	into	ADP
escjerps-2131	63	92	an	an	DET
escjerps-2131	63	93	entity	entity	NOUN
escjerps-2131	63	94	and	and	CCONJ
escjerps-2131	63	95	management	management	NOUN
escjerps-2131	63	96	of	of	ADP
escjerps-2131	63	97	nigerian	nigerian	PROPN
escjerps-2131	63	98	quoted	quote	VERB
escjerps-2131	63	99	manufacturing	manufacturing	NOUN
escjerps-2131	63	100	firms	firm	NOUN
escjerps-2131	63	101	should	should	AUX
escjerps-2131	63	102	work	work	VERB
escjerps-2131	63	103	very	very	ADV
escjerps-2131	63	104	hard	hard	ADV
escjerps-2131	63	105	to	to	PART
escjerps-2131	63	106	optimize	optimize	VERB
escjerps-2131	63	107	the	the	DET
escjerps-2131	63	108	capital	capital	NOUN
escjerps-2131	63	109	structure	structure	NOUN
escjerps-2131	63	110	of	of	ADP
escjerps-2131	63	111	their	their	PRON
escjerps-2131	63	112	quoted	quote	VERB
escjerps-2131	63	113	firms	firm	NOUN
escjerps-2131	63	114	in	in	ADP
escjerps-2131	63	115	order	order	NOUN
escjerps-2131	63	116	to	to	PART
escjerps-2131	63	117	increase	increase	VERB
escjerps-2131	63	118	the	the	DET
escjerps-2131	63	119	returns	return	NOUN
escjerps-2131	63	120	on	on	ADP
escjerps-2131	63	121	equity	equity	NOUN
escjerps-2131	63	122	,	,	PUNCT
escjerps-2131	63	123	assets	asset	NOUN
escjerps-2131	63	124	and	and	CCONJ
escjerps-2131	63	125	earnings	earning	NOUN
escjerps-2131	63	126	per	per	ADP
escjerps-2131	63	127	share	share	NOUN
escjerps-2131	63	128	.	.	PUNCT
escjerps-2131	64	1	birru	birru	INTJ
escjerps-2131	64	2	(	(	PUNCT
escjerps-2131	64	3	2016	2016	NUM
escjerps-2131	64	4	)	)	PUNCT
escjerps-2131	64	5	examined	examine	VERB
escjerps-2131	64	6	commercial	commercial	ADJ
escjerps-2131	64	7	banks	bank	NOUN
escjerps-2131	64	8	in	in	ADP
escjerps-2131	64	9	ethiopia	ethiopia	PROPN
escjerps-2131	64	10	with	with	ADP
escjerps-2131	64	11	respect	respect	NOUN
escjerps-2131	64	12	to	to	ADP
escjerps-2131	64	13	capital	capital	NOUN
escjerps-2131	64	14	structure	structure	NOUN
escjerps-2131	64	15	and	and	CCONJ
escjerps-2131	64	16	financial	financial	ADJ
escjerps-2131	64	17	firm	firm	NOUN
escjerps-2131	64	18	performance	performance	NOUN
escjerps-2131	64	19	by	by	ADP
escjerps-2131	64	20	employing	employ	VERB
escjerps-2131	64	21	selected	select	VERB
escjerps-2131	64	22	for	for	ADP
escjerps-2131	64	23	a	a	DET
escjerps-2131	64	24	period	period	NOUN
escjerps-2131	64	25	of	of	ADP
escjerps-2131	64	26	five	five	NUM
escjerps-2131	64	27	years	year	NOUN
escjerps-2131	64	28	with	with	ADP
escjerps-2131	64	29	secondary	secondary	ADJ
escjerps-2131	64	30	data	datum	NOUN
escjerps-2131	64	31	ranging	range	VERB
escjerps-2131	64	32	from	from	ADP
escjerps-2131	64	33	2011	2011	NUM
escjerps-2131	64	34	to	to	ADP
escjerps-2131	64	35	2015	2015	NUM
escjerps-2131	64	36	by	by	ADP
escjerps-2131	64	37	employing	employ	VERB
escjerps-2131	64	38	multiple	multiple	ADJ
escjerps-2131	64	39	regression	regression	NOUN
escjerps-2131	64	40	models	model	NOUN
escjerps-2131	64	41	his	his	PRON
escjerps-2131	64	42	founding	founding	NOUN
escjerps-2131	64	43	revealed	reveal	VERB
escjerps-2131	64	44	that	that	SCONJ
escjerps-2131	64	45	capital	capital	NOUN
escjerps-2131	64	46	structure	structure	NOUN
escjerps-2131	64	47	has	have	VERB
escjerps-2131	64	48	a	a	DET
escjerps-2131	64	49	negative	negative	ADJ
escjerps-2131	64	50	nexus	nexus	NOUN
escjerps-2131	64	51	with	with	ADP
escjerps-2131	64	52	performance	performance	NOUN
escjerps-2131	64	53	and	and	CCONJ
escjerps-2131	64	54	statistically	statistically	ADV
escjerps-2131	64	55	significant	significant	ADJ
escjerps-2131	64	56	.	.	PUNCT
escjerps-2131	65	1	muchiri	muchiri	NOUN
escjerps-2131	65	2	,	,	PUNCT
escjerps-2131	65	3	muturi	muturi	NOUN
escjerps-2131	65	4	and	and	CCONJ
escjerps-2131	65	5	ngumim	ngumim	NOUN
escjerps-2131	65	6	(	(	PUNCT
escjerps-2131	65	7	2016	2016	NUM
escjerps-2131	65	8	)	)	PUNCT
escjerps-2131	65	9	examined	examine	VERB
escjerps-2131	65	10	the	the	DET
escjerps-2131	65	11	nexus	nexus	NOUN
escjerps-2131	65	12	between	between	ADP
escjerps-2131	65	13	financial	financial	ADJ
escjerps-2131	65	14	structure	structure	NOUN
escjerps-2131	65	15	and	and	CCONJ
escjerps-2131	65	16	financial	financial	ADJ
escjerps-2131	65	17	performance	performance	NOUN
escjerps-2131	65	18	of	of	ADP
escjerps-2131	65	19	listed	list	VERB
escjerps-2131	65	20	firms	firm	NOUN
escjerps-2131	65	21	at	at	ADP
escjerps-2131	65	22	the	the	DET
escjerps-2131	65	23	east	east	PROPN
escjerps-2131	65	24	africa	africa	PROPN
escjerps-2131	65	25	securities	security	NOUN
escjerps-2131	65	26	exchanges	exchange	NOUN
escjerps-2131	65	27	by	by	ADP
escjerps-2131	65	28	employing	employ	VERB
escjerps-2131	65	29	secondary	secondary	ADJ
escjerps-2131	65	30	data	datum	NOUN
escjerps-2131	65	31	ranging	range	VERB
escjerps-2131	65	32	from	from	ADP
escjerps-2131	65	33	2006	2006	NUM
escjerps-2131	65	34	to	to	ADP
escjerps-2131	65	35	2014	2014	NUM
escjerps-2131	65	36	using	use	VERB
escjerps-2131	65	37	the	the	DET
escjerps-2131	65	38	feasible	feasible	ADJ
escjerps-2131	65	39	generalized	generalized	ADJ
escjerps-2131	65	40	least	least	ADJ
escjerps-2131	65	41	squares	square	NOUN
escjerps-2131	65	42	approach	approach	NOUN
escjerps-2131	65	43	based	base	VERB
escjerps-2131	65	44	on	on	ADP
escjerps-2131	65	45	hausman	hausman	PROPN
escjerps-2131	65	46	specification	specification	NOUN
escjerps-2131	65	47	test	test	NOUN
escjerps-2131	65	48	and	and	CCONJ
escjerps-2131	65	49	discovered	discover	VERB
escjerps-2131	65	50	that	that	SCONJ
escjerps-2131	65	51	when	when	SCONJ
escjerps-2131	65	52	the	the	DET
escjerps-2131	65	53	variables	variable	NOUN
escjerps-2131	65	54	are	be	AUX
escjerps-2131	65	55	combined	combine	VERB
escjerps-2131	65	56	,	,	PUNCT
escjerps-2131	65	57	financial	financial	ADJ
escjerps-2131	65	58	structure	structure	NOUN
escjerps-2131	65	59	had	have	VERB
escjerps-2131	65	60	a	a	DET
escjerps-2131	65	61	significant	significant	ADJ
escjerps-2131	65	62	positive	positive	ADJ
escjerps-2131	65	63	and	and	CCONJ
escjerps-2131	65	64	negative	negative	ADJ
escjerps-2131	65	65	nexus	nexus	NOUN
escjerps-2131	65	66	with	with	ADP
escjerps-2131	65	67	return	return	NOUN
escjerps-2131	65	68	on	on	ADP
escjerps-2131	65	69	equity	equity	NOUN
escjerps-2131	65	70	and	and	CCONJ
escjerps-2131	65	71	return	return	VERB
escjerps-2131	65	72	on	on	ADP
escjerps-2131	65	73	assets	asset	NOUN
escjerps-2131	65	74	respectively	respectively	ADV
escjerps-2131	65	75	however	however	ADV
escjerps-2131	65	76	in	in	ADP
escjerps-2131	65	77	isolation	isolation	NOUN
escjerps-2131	65	78	short	short	ADJ
escjerps-2131	65	79	term	term	NOUN
escjerps-2131	65	80	debt	debt	NOUN
escjerps-2131	65	81	,	,	PUNCT
escjerps-2131	65	82	long	long	ADJ
escjerps-2131	65	83	term	term	NOUN
escjerps-2131	65	84	debt	debt	NOUN
escjerps-2131	65	85	,	,	PUNCT
escjerps-2131	65	86	retained	retain	VERB
escjerps-2131	65	87	earnings	earning	NOUN
escjerps-2131	65	88	and	and	CCONJ
escjerps-2131	65	89	external	external	ADJ
escjerps-2131	65	90	equity	equity	NOUN
escjerps-2131	65	91	had	have	VERB
escjerps-2131	65	92	insignificant	insignificant	ADJ
escjerps-2131	65	93	negative	negative	ADJ
escjerps-2131	65	94	relationship	relationship	NOUN
escjerps-2131	65	95	with	with	ADP
escjerps-2131	65	96	financial	financial	ADJ
escjerps-2131	65	97	performance	performance	NOUN
escjerps-2131	65	98	which	which	PRON
escjerps-2131	65	99	was	be	AUX
escjerps-2131	65	100	represented	represent	VERB
escjerps-2131	65	101	by	by	ADP
escjerps-2131	65	102	return	return	NOUN
escjerps-2131	65	103	on	on	ADP
escjerps-2131	65	104	assets	asset	NOUN
escjerps-2131	65	105	although	although	SCONJ
escjerps-2131	65	106	an	an	DET
escjerps-2131	65	107	insignificant	insignificant	ADJ
escjerps-2131	65	108	positive	positive	ADJ
escjerps-2131	65	109	nexus	nexus	NOUN
escjerps-2131	65	110	with	with	ADP
escjerps-2131	65	111	return	return	NOUN
escjerps-2131	65	112	on	on	ADP
escjerps-2131	65	113	equity	equity	NOUN
escjerps-2131	65	114	,	,	PUNCT
escjerps-2131	65	115	therefore	therefore	ADV
escjerps-2131	65	116	recommended	recommend	VERB
escjerps-2131	65	117	that	that	SCONJ
escjerps-2131	65	118	entities	entity	NOUN
escjerps-2131	65	119	combine	combine	VERB
escjerps-2131	65	120	both	both	DET
escjerps-2131	65	121	debt	debt	NOUN
escjerps-2131	65	122	and	and	CCONJ
escjerps-2131	65	123	equity	equity	NOUN
escjerps-2131	65	124	in	in	ADP
escjerps-2131	65	125	their	their	PRON
escjerps-2131	65	126	financial	financial	ADJ
escjerps-2131	65	127	,	,	PUNCT
escjerps-2131	65	128	governments	government	NOUN
escjerps-2131	65	129	should	should	AUX
escjerps-2131	65	130	grow	grow	VERB
escjerps-2131	65	131	and	and	CCONJ
escjerps-2131	65	132	maintain	maintain	VERB
escjerps-2131	65	133	their	their	PRON
escjerps-2131	65	134	upward	upward	ADJ
escjerps-2131	65	135	gross	gross	ADJ
escjerps-2131	65	136	domestic	domestic	ADJ
escjerps-2131	65	137	product	product	NOUN
escjerps-2131	65	138	flow	flow	NOUN
escjerps-2131	65	139	because	because	SCONJ
escjerps-2131	65	140	this	this	PRON
escjerps-2131	65	141	influences	influence	VERB
escjerps-2131	65	142	financial	financial	ADJ
escjerps-2131	65	143	structure	structure	NOUN
escjerps-2131	65	144	and	and	CCONJ
escjerps-2131	65	145	also	also	ADV
escjerps-2131	65	146	firms	firm	NOUN
escjerps-2131	65	147	’	'	PUNCT
escjerps-2131	65	148	stakeholders	stakeholder	NOUN
escjerps-2131	65	149	and	and	CCONJ
escjerps-2131	65	150	managers	manager	NOUN
escjerps-2131	65	151	should	should	AUX
escjerps-2131	65	152	study	study	VERB
escjerps-2131	65	153	their	their	PRON
escjerps-2131	65	154	financial	financial	ADJ
escjerps-2131	65	155	market	market	NOUN
escjerps-2131	65	156	to	to	PART
escjerps-2131	65	157	understand	understand	VERB
escjerps-2131	65	158	the	the	DET
escjerps-2131	65	159	economy	economy	NOUN
escjerps-2131	65	160	and	and	CCONJ
escjerps-2131	65	161	the	the	DET
escjerps-2131	65	162	trend	trend	NOUN
escjerps-2131	65	163	of	of	ADP
escjerps-2131	65	164	the	the	DET
escjerps-2131	65	165	market	market	NOUN
escjerps-2131	65	166	.	.	PUNCT
escjerps-2131	66	1	182	182	NUM
escjerps-2131	67	1	|	|	ADV
escjerps-2131	67	2	p	p	X
escjerps-2131	67	3	a	a	DET
escjerps-2131	67	4	g	g	NOUN
escjerps-2131	67	5	e	e	NOUN
escjerps-2131	67	6	javed	javed	PROPN
escjerps-2131	67	7	,	,	PUNCT
escjerps-2131	67	8	younas	youna	NOUN
escjerps-2131	67	9	and	and	CCONJ
escjerps-2131	67	10	imran	imran	PROPN
escjerps-2131	67	11	(	(	PUNCT
escjerps-2131	67	12	2014	2014	NUM
escjerps-2131	67	13	)	)	PUNCT
escjerps-2131	67	14	collated	collate	VERB
escjerps-2131	67	15	secondary	secondary	ADJ
escjerps-2131	67	16	data	datum	NOUN
escjerps-2131	67	17	of	of	ADP
escjerps-2131	67	18	63	63	NUM
escjerps-2131	67	19	companies	company	NOUN
escjerps-2131	67	20	listed	list	VERB
escjerps-2131	67	21	on	on	ADP
escjerps-2131	67	22	karachi	karachi	PROPN
escjerps-2131	67	23	stock	stock	PROPN
escjerps-2131	67	24	exchange	exchange	PROPN
escjerps-2131	67	25	and	and	CCONJ
escjerps-2131	67	26	examined	examine	VERB
escjerps-2131	67	27	the	the	DET
escjerps-2131	67	28	effect	effect	NOUN
escjerps-2131	67	29	of	of	ADP
escjerps-2131	67	30	capital	capital	NOUN
escjerps-2131	67	31	structure	structure	NOUN
escjerps-2131	67	32	on	on	ADP
escjerps-2131	67	33	firm	firm	NOUN
escjerps-2131	67	34	with	with	ADP
escjerps-2131	67	35	data	datum	NOUN
escjerps-2131	67	36	ranging	range	VERB
escjerps-2131	67	37	from	from	ADP
escjerps-2131	67	38	2007	2007	NUM
escjerps-2131	67	39	to	to	ADP
escjerps-2131	67	40	2011	2011	NUM
escjerps-2131	67	41	by	by	ADP
escjerps-2131	67	42	employing	employ	VERB
escjerps-2131	67	43	fixed	fix	VERB
escjerps-2131	67	44	effects	effect	NOUN
escjerps-2131	67	45	model	model	NOUN
escjerps-2131	67	46	which	which	PRON
escjerps-2131	67	47	served	serve	VERB
escjerps-2131	67	48	as	as	ADP
escjerps-2131	67	49	the	the	DET
escjerps-2131	67	50	pooled	pooled	ADJ
escjerps-2131	67	51	regression	regression	NOUN
escjerps-2131	67	52	model	model	NOUN
escjerps-2131	67	53	and	and	CCONJ
escjerps-2131	67	54	found	find	VERB
escjerps-2131	67	55	out	out	ADP
escjerps-2131	67	56	that	that	SCONJ
escjerps-2131	67	57	there	there	PRON
escjerps-2131	67	58	is	be	VERB
escjerps-2131	67	59	significant	significant	ADJ
escjerps-2131	67	60	relationship	relationship	NOUN
escjerps-2131	67	61	between	between	ADP
escjerps-2131	67	62	capital	capital	NOUN
escjerps-2131	67	63	structure	structure	NOUN
escjerps-2131	67	64	and	and	CCONJ
escjerps-2131	67	65	entities	entity	NOUN
escjerps-2131	67	66	performance	performance	NOUN
escjerps-2131	67	67	however	however	ADV
escjerps-2131	67	68	is	be	AUX
escjerps-2131	67	69	a	a	DET
escjerps-2131	67	70	mixed	mixed	ADJ
escjerps-2131	67	71	relationship	relationship	NOUN
escjerps-2131	67	72	,	,	PUNCT
escjerps-2131	67	73	therefore	therefore	ADV
escjerps-2131	67	74	opined	opine	VERB
escjerps-2131	67	75	that	that	SCONJ
escjerps-2131	67	76	capital	capital	NOUN
escjerps-2131	67	77	structure	structure	NOUN
escjerps-2131	67	78	has	have	VERB
escjerps-2131	67	79	impact	impact	NOUN
escjerps-2131	67	80	on	on	ADP
escjerps-2131	67	81	firm	firm	ADJ
escjerps-2131	67	82	performance	performance	NOUN
escjerps-2131	67	83	hence	hence	ADV
escjerps-2131	67	84	recommended	recommend	VERB
escjerps-2131	67	85	that	that	SCONJ
escjerps-2131	67	86	managers	manager	NOUN
escjerps-2131	67	87	and	and	CCONJ
escjerps-2131	67	88	stakeholder	stakeholder	NOUN
escjerps-2131	67	89	should	should	AUX
escjerps-2131	67	90	be	be	AUX
escjerps-2131	67	91	careful	careful	ADJ
escjerps-2131	67	92	in	in	ADP
escjerps-2131	67	93	making	make	VERB
escjerps-2131	67	94	decisions	decision	NOUN
escjerps-2131	67	95	that	that	PRON
escjerps-2131	67	96	will	will	AUX
escjerps-2131	67	97	determine	determine	VERB
escjerps-2131	67	98	the	the	DET
escjerps-2131	67	99	capital	capital	NOUN
escjerps-2131	67	100	structure	structure	NOUN
escjerps-2131	67	101	of	of	ADP
escjerps-2131	67	102	an	an	DET
escjerps-2131	67	103	entity	entity	NOUN
escjerps-2131	67	104	.	.	PUNCT
escjerps-2131	68	1	akinyomi	akinyomi	PROPN
escjerps-2131	68	2	and	and	CCONJ
escjerps-2131	68	3	olagunju	olagunju	PROPN
escjerps-2131	68	4	(	(	PUNCT
escjerps-2131	68	5	2013	2013	NUM
escjerps-2131	68	6	)	)	PUNCT
escjerps-2131	68	7	obtained	obtain	VERB
escjerps-2131	68	8	ten	ten	NUM
escjerps-2131	68	9	years	year	NOUN
escjerps-2131	68	10	secondary	secondary	ADJ
escjerps-2131	68	11	data	datum	NOUN
escjerps-2131	68	12	and	and	CCONJ
escjerps-2131	68	13	evaluated	evaluate	VERB
escjerps-2131	68	14	the	the	DET
escjerps-2131	68	15	factors	factor	NOUN
escjerps-2131	68	16	behind	behind	ADP
escjerps-2131	68	17	of	of	ADP
escjerps-2131	68	18	capital	capital	NOUN
escjerps-2131	68	19	structure	structure	NOUN
escjerps-2131	68	20	of	of	ADP
escjerps-2131	68	21	selected	select	VERB
escjerps-2131	68	22	manufacturing	manufacturing	NOUN
escjerps-2131	68	23	firms	firm	NOUN
escjerps-2131	68	24	listed	list	VERB
escjerps-2131	68	25	on	on	ADP
escjerps-2131	68	26	nigeria	nigeria	PROPN
escjerps-2131	68	27	stock	stock	PROPN
escjerps-2131	68	28	exchange	exchange	PROPN
escjerps-2131	68	29	using	use	VERB
escjerps-2131	68	30	regression	regression	NOUN
escjerps-2131	68	31	analysis	analysis	NOUN
escjerps-2131	68	32	and	and	CCONJ
escjerps-2131	68	33	a	a	DET
escjerps-2131	68	34	descriptive	descriptive	ADJ
escjerps-2131	68	35	research	research	NOUN
escjerps-2131	68	36	design	design	NOUN
escjerps-2131	68	37	via	via	ADP
escjerps-2131	68	38	random	random	ADJ
escjerps-2131	68	39	sample	sample	NOUN
escjerps-2131	68	40	with	with	ADP
escjerps-2131	68	41	a	a	DET
escjerps-2131	68	42	culminating	culminate	VERB
escjerps-2131	68	43	240	240	NUM
escjerps-2131	68	44	firm	firm	ADJ
escjerps-2131	68	45	-	-	PUNCT
escjerps-2131	68	46	year	year	NOUN
escjerps-2131	68	47	observations	observation	NOUN
escjerps-2131	68	48	and	and	CCONJ
escjerps-2131	68	49	found	find	VERB
escjerps-2131	68	50	out	out	ADP
escjerps-2131	68	51	that	that	SCONJ
escjerps-2131	68	52	capital	capital	NOUN
escjerps-2131	68	53	structure	structure	NOUN
escjerps-2131	68	54	has	have	VERB
escjerps-2131	68	55	a	a	DET
escjerps-2131	68	56	negative	negative	ADJ
escjerps-2131	68	57	relationship	relationship	NOUN
escjerps-2131	68	58	with	with	ADP
escjerps-2131	68	59	firm	firm	ADJ
escjerps-2131	68	60	size	size	NOUN
escjerps-2131	68	61	and	and	CCONJ
escjerps-2131	68	62	tax	tax	NOUN
escjerps-2131	68	63	on	on	ADP
escjerps-2131	68	64	one	one	NUM
escjerps-2131	68	65	hand	hand	NOUN
escjerps-2131	68	66	and	and	CCONJ
escjerps-2131	68	67	a	a	DET
escjerps-2131	68	68	positive	positive	ADJ
escjerps-2131	68	69	relationship	relationship	NOUN
escjerps-2131	68	70	with	with	ADP
escjerps-2131	68	71	tangibility	tangibility	NOUN
escjerps-2131	68	72	of	of	ADP
escjerps-2131	68	73	assets	asset	NOUN
escjerps-2131	68	74	,	,	PUNCT
escjerps-2131	68	75	profitability	profitability	NOUN
escjerps-2131	68	76	and	and	CCONJ
escjerps-2131	68	77	growth	growth	NOUN
escjerps-2131	68	78	on	on	ADP
escjerps-2131	68	79	the	the	DET
escjerps-2131	68	80	other	other	ADJ
escjerps-2131	68	81	hand	hand	NOUN
escjerps-2131	68	82	,	,	PUNCT
escjerps-2131	68	83	however	however	ADV
escjerps-2131	68	84	tangibility	tangibility	NOUN
escjerps-2131	68	85	of	of	ADP
escjerps-2131	68	86	assets	asset	NOUN
escjerps-2131	68	87	and	and	CCONJ
escjerps-2131	68	88	firm	firm	ADJ
escjerps-2131	68	89	size	size	NOUN
escjerps-2131	68	90	has	have	VERB
escjerps-2131	68	91	a	a	DET
escjerps-2131	68	92	significant	significant	ADJ
escjerps-2131	68	93	relationship	relationship	NOUN
escjerps-2131	68	94	.	.	PUNCT
escjerps-2131	69	1	chandrasekharan	chandrasekharan	PROPN
escjerps-2131	69	2	(	(	PUNCT
escjerps-2131	69	3	2012	2012	NUM
escjerps-2131	69	4	)	)	PUNCT
escjerps-2131	69	5	investigated	investigate	VERB
escjerps-2131	69	6	the	the	DET
escjerps-2131	69	7	factor	factor	NOUN
escjerps-2131	69	8	behind	behind	ADP
escjerps-2131	69	9	the	the	DET
escjerps-2131	69	10	capital	capital	NOUN
escjerps-2131	69	11	structure	structure	NOUN
escjerps-2131	69	12	of	of	ADP
escjerps-2131	69	13	listed	list	VERB
escjerps-2131	69	14	nigerian	nigerian	ADJ
escjerps-2131	69	15	firms	firm	NOUN
escjerps-2131	69	16	employing	employ	VERB
escjerps-2131	69	17	secondary	secondary	ADJ
escjerps-2131	69	18	data	datum	NOUN
escjerps-2131	69	19	employed	employ	VERB
escjerps-2131	69	20	from	from	ADP
escjerps-2131	69	21	panel	panel	NOUN
escjerps-2131	69	22	reviewed	review	VERB
escjerps-2131	69	23	ranging	range	VERB
escjerps-2131	69	24	from	from	ADP
escjerps-2131	69	25	2007	2007	NUM
escjerps-2131	69	26	to	to	ADP
escjerps-2131	69	27	2011	2011	NUM
escjerps-2131	69	28	(	(	PUNCT
escjerps-2131	69	29	ten	ten	NUM
escjerps-2131	69	30	years	year	NOUN
escjerps-2131	69	31	)	)	PUNCT
escjerps-2131	69	32	using	use	VERB
escjerps-2131	69	33	multiple	multiple	ADJ
escjerps-2131	69	34	regression	regression	NOUN
escjerps-2131	69	35	and	and	CCONJ
escjerps-2131	69	36	found	find	VERB
escjerps-2131	69	37	out	out	ADP
escjerps-2131	69	38	that	that	DET
escjerps-2131	69	39	size	size	NOUN
escjerps-2131	69	40	,	,	PUNCT
escjerps-2131	69	41	age	age	NOUN
escjerps-2131	69	42	,	,	PUNCT
escjerps-2131	69	43	growth	growth	NOUN
escjerps-2131	69	44	,	,	PUNCT
escjerps-2131	69	45	profitability	profitability	NOUN
escjerps-2131	69	46	and	and	CCONJ
escjerps-2131	69	47	tangibility	tangibility	NOUN
escjerps-2131	69	48	are	be	AUX
escjerps-2131	69	49	strong	strong	ADJ
escjerps-2131	69	50	factors	factor	NOUN
escjerps-2131	69	51	behind	behind	ADP
escjerps-2131	69	52	nigerian	nigerian	ADJ
escjerps-2131	69	53	firms	firm	NOUN
escjerps-2131	69	54	leverage	leverage	NOUN
escjerps-2131	69	55	,	,	PUNCT
escjerps-2131	69	56	therefore	therefore	ADV
escjerps-2131	69	57	opined	opine	VERB
escjerps-2131	69	58	in	in	ADP
escjerps-2131	69	59	order	order	NOUN
escjerps-2131	69	60	to	to	PART
escjerps-2131	69	61	have	have	AUX
escjerps-2131	69	62	an	an	DET
escjerps-2131	69	63	optimum	optimum	ADJ
escjerps-2131	69	64	financing	financing	NOUN
escjerps-2131	69	65	mix	mix	NOUN
escjerps-2131	69	66	during	during	ADP
escjerps-2131	69	67	debt	debt	NOUN
escjerps-2131	69	68	financing	financing	NOUN
escjerps-2131	69	69	decisions	decision	NOUN
escjerps-2131	69	70	stakeholders	stakeholder	NOUN
escjerps-2131	69	71	most	most	ADV
escjerps-2131	69	72	especially	especially	ADV
escjerps-2131	69	73	nigeria	nigeria	PROPN
escjerps-2131	69	74	listed	list	VERB
escjerps-2131	69	75	entity	entity	NOUN
escjerps-2131	69	76	should	should	AUX
escjerps-2131	69	77	installed	instal	VERB
escjerps-2131	69	78	and	and	CCONJ
escjerps-2131	69	79	accurately	accurately	ADV
escjerps-2131	69	80	evaluate	evaluate	VERB
escjerps-2131	69	81	the	the	DET
escjerps-2131	69	82	age	age	NOUN
escjerps-2131	69	83	,	,	PUNCT
escjerps-2131	69	84	size	size	NOUN
escjerps-2131	69	85	,	,	PUNCT
escjerps-2131	69	86	growth	growth	NOUN
escjerps-2131	69	87	,	,	PUNCT
escjerps-2131	69	88	profitability	profitability	NOUN
escjerps-2131	69	89	and	and	CCONJ
escjerps-2131	69	90	tangibility	tangibility	NOUN
escjerps-2131	69	91	of	of	ADP
escjerps-2131	69	92	the	the	DET
escjerps-2131	69	93	firms	firm	NOUN
escjerps-2131	69	94	.	.	PUNCT
escjerps-2131	70	1	salawu	salawu	PROPN
escjerps-2131	70	2	(	(	PUNCT
escjerps-2131	70	3	2009	2009	NUM
escjerps-2131	70	4	)	)	PUNCT
escjerps-2131	70	5	employed	employ	VERB
escjerps-2131	70	6	secondary	secondary	ADJ
escjerps-2131	70	7	data	datum	NOUN
escjerps-2131	70	8	from	from	ADP
escjerps-2131	70	9	50	50	NUM
escjerps-2131	70	10	non	non	ADJ
escjerps-2131	70	11	-	-	ADJ
escjerps-2131	70	12	financial	financial	ADJ
escjerps-2131	70	13	quoted	quote	VERB
escjerps-2131	70	14	companies	company	NOUN
escjerps-2131	70	15	and	and	CCONJ
escjerps-2131	70	16	nigeria	nigeria	PROPN
escjerps-2131	70	17	stock	stock	PROPN
escjerps-2131	70	18	exchange	exchange	PROPN
escjerps-2131	70	19	fact	fact	NOUN
escjerps-2131	70	20	books	book	NOUN
escjerps-2131	70	21	ranging	range	VERB
escjerps-2131	70	22	from	from	ADP
escjerps-2131	70	23	1990	1990	NUM
escjerps-2131	70	24	to	to	ADP
escjerps-2131	70	25	2004	2004	NUM
escjerps-2131	70	26	to	to	PART
escjerps-2131	70	27	examine	examine	VERB
escjerps-2131	70	28	the	the	DET
escjerps-2131	70	29	impact	impact	NOUN
escjerps-2131	70	30	of	of	ADP
escjerps-2131	70	31	the	the	DET
escjerps-2131	70	32	capital	capital	NOUN
escjerps-2131	70	33	structure	structure	NOUN
escjerps-2131	70	34	on	on	ADP
escjerps-2131	70	35	the	the	DET
escjerps-2131	70	36	entities	entity	NOUN
escjerps-2131	70	37	profitability	profitability	NOUN
escjerps-2131	70	38	using	use	VERB
escjerps-2131	70	39	ordinary	ordinary	ADJ
escjerps-2131	70	40	least	least	ADJ
escjerps-2131	70	41	squares	square	NOUN
escjerps-2131	70	42	model	model	NOUN
escjerps-2131	70	43	,	,	PUNCT
escjerps-2131	70	44	fixed	fix	VERB
escjerps-2131	70	45	effect	effect	NOUN
escjerps-2131	70	46	model	model	NOUN
escjerps-2131	70	47	and	and	CCONJ
escjerps-2131	70	48	random	random	ADJ
escjerps-2131	70	49	effect	effect	NOUN
escjerps-2131	70	50	model	model	NOUN
escjerps-2131	70	51	statistical	statistical	ADJ
escjerps-2131	70	52	analysis	analysis	NOUN
escjerps-2131	70	53	approach	approach	NOUN
escjerps-2131	70	54	and	and	CCONJ
escjerps-2131	70	55	found	find	VERB
escjerps-2131	70	56	out	out	ADP
escjerps-2131	70	57	that	that	DET
escjerps-2131	70	58	profitability	profitability	NOUN
escjerps-2131	70	59	which	which	PRON
escjerps-2131	70	60	is	be	AUX
escjerps-2131	70	61	a	a	DET
escjerps-2131	70	62	measure	measure	NOUN
escjerps-2131	70	63	of	of	ADP
escjerps-2131	70	64	performance	performance	NOUN
escjerps-2131	70	65	has	have	VERB
escjerps-2131	70	66	a	a	DET
escjerps-2131	70	67	positive	positive	ADJ
escjerps-2131	70	68	relationship	relationship	NOUN
escjerps-2131	70	69	with	with	ADP
escjerps-2131	70	70	current	current	ADJ
escjerps-2131	70	71	debt	debt	NOUN
escjerps-2131	70	72	and	and	CCONJ
escjerps-2131	70	73	equity	equity	NOUN
escjerps-2131	70	74	which	which	PRON
escjerps-2131	70	75	served	serve	VERB
escjerps-2131	70	76	as	as	ADP
escjerps-2131	70	77	an	an	DET
escjerps-2131	70	78	element	element	NOUN
escjerps-2131	70	79	of	of	ADP
escjerps-2131	70	80	capital	capital	NOUN
escjerps-2131	70	81	structure	structure	NOUN
escjerps-2131	70	82	however	however	ADV
escjerps-2131	70	83	inverse	inverse	NOUN
escjerps-2131	70	84	relationship	relationship	NOUN
escjerps-2131	70	85	exist	exist	VERB
escjerps-2131	70	86	with	with	ADP
escjerps-2131	70	87	non	non	ADJ
escjerps-2131	70	88	-	-	ADJ
escjerps-2131	70	89	current	current	ADJ
escjerps-2131	70	90	therefore	therefore	ADV
escjerps-2131	70	91	opined	opine	VERB
escjerps-2131	70	92	that	that	SCONJ
escjerps-2131	70	93	nigeria	nigeria	PROPN
escjerps-2131	70	94	entities	entity	NOUN
escjerps-2131	70	95	rely	rely	VERB
escjerps-2131	70	96	so	so	ADV
escjerps-2131	70	97	much	much	ADV
escjerps-2131	70	98	on	on	ADP
escjerps-2131	70	99	external	external	ADJ
escjerps-2131	70	100	financing	financing	NOUN
escjerps-2131	70	101	,	,	PUNCT
escjerps-2131	70	102	therefore	therefore	ADV
escjerps-2131	70	103	recommended	recommend	VERB
escjerps-2131	70	104	that	that	SCONJ
escjerps-2131	70	105	entities	entity	NOUN
escjerps-2131	70	106	should	should	AUX
escjerps-2131	70	107	implement	implement	VERB
escjerps-2131	70	108	an	an	DET
escjerps-2131	70	109	efficient	efficient	ADJ
escjerps-2131	70	110	and	and	CCONJ
escjerps-2131	70	111	effective	effective	ADJ
escjerps-2131	70	112	credit	credit	NOUN
escjerps-2131	70	113	policy	policy	NOUN
escjerps-2131	70	114	that	that	PRON
escjerps-2131	70	115	will	will	AUX
escjerps-2131	70	116	improve	improve	VERB
escjerps-2131	70	117	the	the	DET
escjerps-2131	70	118	performance	performance	NOUN
escjerps-2131	70	119	and	and	CCONJ
escjerps-2131	70	120	growth	growth	NOUN
escjerps-2131	70	121	of	of	ADP
escjerps-2131	70	122	this	this	DET
escjerps-2131	70	123	entities	entity	NOUN
escjerps-2131	70	124	and	and	CCONJ
escjerps-2131	70	125	managers	manager	NOUN
escjerps-2131	70	126	of	of	ADP
escjerps-2131	70	127	the	the	DET
escjerps-2131	70	128	entities	entity	NOUN
escjerps-2131	70	129	should	should	AUX
escjerps-2131	70	130	also	also	ADV
escjerps-2131	70	131	be	be	AUX
escjerps-2131	70	132	keen	keen	ADJ
escjerps-2131	70	133	about	about	ADP
escjerps-2131	70	134	the	the	DET
escjerps-2131	70	135	capital	capital	NOUN
escjerps-2131	70	136	structure	structure	NOUN
escjerps-2131	70	137	of	of	ADP
escjerps-2131	70	138	the	the	DET
escjerps-2131	70	139	entity	entity	NOUN
escjerps-2131	70	140	because	because	SCONJ
escjerps-2131	70	141	it	it	PRON
escjerps-2131	70	142	influences	influence	VERB
escjerps-2131	70	143	the	the	DET
escjerps-2131	70	144	performance	performance	NOUN
escjerps-2131	70	145	.	.	PUNCT
escjerps-2131	71	1	183	183	NUM
escjerps-2131	72	1	|	|	ADV
escjerps-2131	72	2	p	p	X
escjerps-2131	72	3	a	a	DET
escjerps-2131	72	4	g	g	PROPN
escjerps-2131	72	5	e	e	PROPN
escjerps-2131	72	6	conceptual	conceptual	ADJ
escjerps-2131	72	7	literature	literature	PROPN
escjerps-2131	72	8	the	the	DET
escjerps-2131	72	9	operationalizing	operationalizing	NOUN
escjerps-2131	72	10	variables	variable	NOUN
escjerps-2131	72	11	for	for	ADP
escjerps-2131	72	12	this	this	DET
escjerps-2131	72	13	study	study	NOUN
escjerps-2131	72	14	are	be	AUX
escjerps-2131	72	15	examined	examine	VERB
escjerps-2131	72	16	below	below	ADV
escjerps-2131	72	17	:	:	PUNCT
escjerps-2131	72	18	return	return	VERB
escjerps-2131	72	19	on	on	ADP
escjerps-2131	72	20	equity	equity	NOUN
escjerps-2131	72	21	ratio	ratio	NOUN
escjerps-2131	72	22	:	:	PUNCT
escjerps-2131	72	23	this	this	PRON
escjerps-2131	72	24	is	be	AUX
escjerps-2131	72	25	a	a	DET
escjerps-2131	72	26	proxy	proxy	NOUN
escjerps-2131	72	27	for	for	ADP
escjerps-2131	72	28	measuring	measure	VERB
escjerps-2131	72	29	company	company	NOUN
escjerps-2131	72	30	’s	’s	PART
escjerps-2131	72	31	performance	performance	NOUN
escjerps-2131	72	32	for	for	ADP
escjerps-2131	72	33	the	the	DET
escjerps-2131	72	34	study	study	NOUN
escjerps-2131	72	35	,	,	PUNCT
escjerps-2131	72	36	ajibola	ajibola	PROPN
escjerps-2131	72	37	,	,	PUNCT
escjerps-2131	72	38	wisdom	wisdom	NOUN
escjerps-2131	72	39	and	and	CCONJ
escjerps-2131	72	40	qudus	qudus	NOUN
escjerps-2131	72	41	(	(	PUNCT
escjerps-2131	72	42	2018	2018	NUM
escjerps-2131	72	43	)	)	PUNCT
escjerps-2131	72	44	opined	opine	VERB
escjerps-2131	72	45	that	that	SCONJ
escjerps-2131	72	46	the	the	DET
escjerps-2131	72	47	best	good	ADJ
escjerps-2131	72	48	measure	measure	NOUN
escjerps-2131	72	49	to	to	PART
escjerps-2131	72	50	be	be	AUX
escjerps-2131	72	51	used	use	VERB
escjerps-2131	72	52	in	in	ADP
escjerps-2131	72	53	evaluating	evaluate	VERB
escjerps-2131	72	54	a	a	DET
escjerps-2131	72	55	company	company	NOUN
escjerps-2131	72	56	performance	performance	NOUN
escjerps-2131	72	57	is	be	AUX
escjerps-2131	72	58	the	the	DET
escjerps-2131	72	59	return	return	NOUN
escjerps-2131	72	60	on	on	ADP
escjerps-2131	72	61	equity	equity	NOUN
escjerps-2131	72	62	,	,	PUNCT
escjerps-2131	72	63	which	which	PRON
escjerps-2131	72	64	is	be	AUX
escjerps-2131	72	65	adopted	adopt	VERB
escjerps-2131	72	66	for	for	ADP
escjerps-2131	72	67	the	the	DET
escjerps-2131	72	68	study	study	NOUN
escjerps-2131	72	69	.	.	PUNCT
escjerps-2131	73	1	etale	etale	NOUN
escjerps-2131	73	2	(	(	PUNCT
escjerps-2131	73	3	2020	2020	NUM
escjerps-2131	73	4	)	)	PUNCT
escjerps-2131	73	5	opined	opine	VERB
escjerps-2131	73	6	that	that	SCONJ
escjerps-2131	73	7	the	the	DET
escjerps-2131	73	8	best	good	ADJ
escjerps-2131	73	9	way	way	NOUN
escjerps-2131	73	10	to	to	PART
escjerps-2131	73	11	measure	measure	VERB
escjerps-2131	73	12	or	or	CCONJ
escjerps-2131	73	13	evaluate	evaluate	VERB
escjerps-2131	73	14	shareholder	shareholder	NOUN
escjerps-2131	73	15	wealth	wealth	NOUN
escjerps-2131	73	16	maximization	maximization	NOUN
escjerps-2131	73	17	is	be	AUX
escjerps-2131	73	18	by	by	ADP
escjerps-2131	73	19	using	use	VERB
escjerps-2131	73	20	return	return	NOUN
escjerps-2131	73	21	on	on	ADP
escjerps-2131	73	22	equity	equity	NOUN
escjerps-2131	73	23	.	.	PUNCT
escjerps-2131	74	1	this	this	PRON
escjerps-2131	74	2	can	can	AUX
escjerps-2131	74	3	be	be	AUX
escjerps-2131	74	4	mathematical	mathematical	AUX
escjerps-2131	74	5	expressed	express	VERB
escjerps-2131	74	6	as	as	ADP
escjerps-2131	74	7	the	the	DET
escjerps-2131	74	8	profit	profit	NOUN
escjerps-2131	74	9	after	after	ADP
escjerps-2131	74	10	tax	tax	NOUN
escjerps-2131	74	11	for	for	ADP
escjerps-2131	74	12	the	the	DET
escjerps-2131	74	13	respective	respective	ADJ
escjerps-2131	74	14	companies	company	NOUN
escjerps-2131	74	15	divided	divide	VERB
escjerps-2131	74	16	by	by	ADP
escjerps-2131	74	17	the	the	DET
escjerps-2131	74	18	equity	equity	NOUN
escjerps-2131	74	19	share	share	NOUN
escjerps-2131	74	20	fund	fund	NOUN
escjerps-2131	74	21	of	of	ADP
escjerps-2131	74	22	the	the	DET
escjerps-2131	74	23	various	various	ADJ
escjerps-2131	74	24	entities	entity	NOUN
escjerps-2131	74	25	,	,	PUNCT
escjerps-2131	74	26	prospective	prospective	ADJ
escjerps-2131	74	27	investors	investor	NOUN
escjerps-2131	74	28	will	will	AUX
escjerps-2131	74	29	always	always	ADV
escjerps-2131	74	30	prefer	prefer	VERB
escjerps-2131	74	31	entities	entity	NOUN
escjerps-2131	74	32	that	that	PRON
escjerps-2131	74	33	pay	pay	VERB
escjerps-2131	74	34	or	or	CCONJ
escjerps-2131	74	35	give	give	VERB
escjerps-2131	74	36	more	more	ADJ
escjerps-2131	74	37	return	return	NOUN
escjerps-2131	74	38	entities	entity	NOUN
escjerps-2131	74	39	.	.	PUNCT
escjerps-2131	75	1	equity	equity	NOUN
escjerps-2131	75	2	to	to	ADP
escjerps-2131	75	3	capital	capital	NOUN
escjerps-2131	75	4	employed	employ	VERB
escjerps-2131	75	5	ratio	ratio	NOUN
escjerps-2131	75	6	:	:	PUNCT
escjerps-2131	75	7	this	this	PRON
escjerps-2131	75	8	is	be	AUX
escjerps-2131	75	9	an	an	DET
escjerps-2131	75	10	element	element	NOUN
escjerps-2131	75	11	of	of	ADP
escjerps-2131	75	12	investing	investing	NOUN
escjerps-2131	75	13	activities	activity	NOUN
escjerps-2131	75	14	for	for	ADP
escjerps-2131	75	15	the	the	DET
escjerps-2131	75	16	study	study	NOUN
escjerps-2131	75	17	,	,	PUNCT
escjerps-2131	75	18	which	which	PRON
escjerps-2131	75	19	is	be	AUX
escjerps-2131	75	20	derived	derive	VERB
escjerps-2131	75	21	as	as	ADP
escjerps-2131	75	22	equity	equity	NOUN
escjerps-2131	75	23	fund	fund	NOUN
escjerps-2131	75	24	for	for	ADP
escjerps-2131	75	25	the	the	DET
escjerps-2131	75	26	various	various	ADJ
escjerps-2131	75	27	entities	entity	NOUN
escjerps-2131	75	28	divided	divide	VERB
escjerps-2131	75	29	by	by	ADP
escjerps-2131	75	30	capital	capital	NOUN
escjerps-2131	75	31	employed	employ	VERB
escjerps-2131	75	32	by	by	ADP
escjerps-2131	75	33	the	the	DET
escjerps-2131	75	34	various	various	ADJ
escjerps-2131	75	35	entities	entity	NOUN
escjerps-2131	75	36	for	for	ADP
escjerps-2131	75	37	the	the	DET
escjerps-2131	75	38	study	study	NOUN
escjerps-2131	75	39	,	,	PUNCT
escjerps-2131	75	40	this	this	PRON
escjerps-2131	75	41	also	also	ADV
escjerps-2131	75	42	indicate	indicate	VERB
escjerps-2131	75	43	the	the	DET
escjerps-2131	75	44	value	value	NOUN
escjerps-2131	75	45	of	of	ADP
escjerps-2131	75	46	funds	fund	NOUN
escjerps-2131	75	47	employed	employ	VERB
escjerps-2131	75	48	by	by	ADP
escjerps-2131	75	49	the	the	DET
escjerps-2131	75	50	various	various	ADJ
escjerps-2131	75	51	entities	entity	NOUN
escjerps-2131	75	52	to	to	PART
escjerps-2131	75	53	finance	finance	VERB
escjerps-2131	75	54	its	its	PRON
escjerps-2131	75	55	economic	economic	ADJ
escjerps-2131	75	56	activities	activity	NOUN
escjerps-2131	75	57	with	with	ADP
escjerps-2131	75	58	respect	respect	NOUN
escjerps-2131	75	59	to	to	ADP
escjerps-2131	75	60	her	her	PRON
escjerps-2131	75	61	equity	equity	NOUN
escjerps-2131	75	62	fund	fund	NOUN
escjerps-2131	75	63	,	,	PUNCT
escjerps-2131	75	64	the	the	PRON
escjerps-2131	75	65	more	more	ADV
escjerps-2131	75	66	the	the	DET
escjerps-2131	75	67	equity	equity	NOUN
escjerps-2131	75	68	employed	employ	VERB
escjerps-2131	75	69	the	the	DET
escjerps-2131	75	70	better	well	ADJ
escjerps-2131	75	71	the	the	DET
escjerps-2131	75	72	chance	chance	NOUN
escjerps-2131	75	73	of	of	ADP
escjerps-2131	75	74	the	the	DET
escjerps-2131	75	75	entities	entity	NOUN
escjerps-2131	75	76	to	to	PART
escjerps-2131	75	77	get	get	VERB
escjerps-2131	75	78	more	more	ADJ
escjerps-2131	75	79	bargaining	bargaining	NOUN
escjerps-2131	75	80	power	power	NOUN
escjerps-2131	75	81	and	and	CCONJ
escjerps-2131	75	82	more	more	ADJ
escjerps-2131	75	83	incentives	incentive	NOUN
escjerps-2131	75	84	such	such	ADJ
escjerps-2131	75	85	as	as	ADP
escjerps-2131	75	86	discount	discount	NOUN
escjerps-2131	75	87	.	.	PUNCT
escjerps-2131	76	1	debt	debt	NOUN
escjerps-2131	76	2	to	to	ADP
escjerps-2131	76	3	equity	equity	NOUN
escjerps-2131	76	4	ratio	ratio	NOUN
escjerps-2131	76	5	:	:	PUNCT
escjerps-2131	76	6	this	this	PRON
escjerps-2131	76	7	is	be	AUX
escjerps-2131	76	8	an	an	DET
escjerps-2131	76	9	element	element	NOUN
escjerps-2131	76	10	of	of	ADP
escjerps-2131	76	11	investing	investing	NOUN
escjerps-2131	76	12	activities	activity	NOUN
escjerps-2131	76	13	for	for	ADP
escjerps-2131	76	14	the	the	DET
escjerps-2131	76	15	study	study	NOUN
escjerps-2131	76	16	,	,	PUNCT
escjerps-2131	76	17	this	this	PRON
escjerps-2131	76	18	can	can	AUX
escjerps-2131	76	19	be	be	AUX
escjerps-2131	76	20	derived	derive	VERB
escjerps-2131	76	21	by	by	ADP
escjerps-2131	76	22	noncurrent	noncurrent	ADJ
escjerps-2131	76	23	debt	debt	NOUN
escjerps-2131	76	24	of	of	ADP
escjerps-2131	76	25	the	the	DET
escjerps-2131	76	26	entities	entity	NOUN
escjerps-2131	76	27	divided	divide	VERB
escjerps-2131	76	28	by	by	ADP
escjerps-2131	76	29	equity	equity	NOUN
escjerps-2131	76	30	fund	fund	NOUN
escjerps-2131	76	31	of	of	ADP
escjerps-2131	76	32	the	the	DET
escjerps-2131	76	33	various	various	ADJ
escjerps-2131	76	34	entities	entity	NOUN
escjerps-2131	76	35	,	,	PUNCT
escjerps-2131	76	36	this	this	PRON
escjerps-2131	76	37	also	also	ADV
escjerps-2131	76	38	show	show	VERB
escjerps-2131	76	39	the	the	DET
escjerps-2131	76	40	financial	financial	ADJ
escjerps-2131	76	41	commitment	commitment	NOUN
escjerps-2131	76	42	of	of	ADP
escjerps-2131	76	43	the	the	DET
escjerps-2131	76	44	entities	entity	NOUN
escjerps-2131	76	45	to	to	ADP
escjerps-2131	76	46	the	the	DET
escjerps-2131	76	47	external	external	ADJ
escjerps-2131	76	48	stakeholders	stakeholder	NOUN
escjerps-2131	76	49	such	such	ADJ
escjerps-2131	76	50	creditors	creditor	NOUN
escjerps-2131	76	51	,	,	PUNCT
escjerps-2131	76	52	a	a	DET
escjerps-2131	76	53	higher	high	ADJ
escjerps-2131	76	54	debt	debt	NOUN
escjerps-2131	76	55	to	to	ADP
escjerps-2131	76	56	equity	equity	NOUN
escjerps-2131	76	57	ratio	ratio	NOUN
escjerps-2131	76	58	indicates	indicate	VERB
escjerps-2131	76	59	more	more	ADV
escjerps-2131	76	60	available	available	ADJ
escjerps-2131	76	61	fund	fund	NOUN
escjerps-2131	76	62	for	for	SCONJ
escjerps-2131	76	63	the	the	DET
escjerps-2131	76	64	entities	entity	NOUN
escjerps-2131	76	65	to	to	PART
escjerps-2131	76	66	carryout	carryout	VERB
escjerps-2131	76	67	it	it	PRON
escjerps-2131	76	68	economic	economic	ADJ
escjerps-2131	76	69	activities	activity	NOUN
escjerps-2131	76	70	however	however	ADV
escjerps-2131	76	71	the	the	DET
escjerps-2131	76	72	higher	high	ADJ
escjerps-2131	76	73	risk	risk	NOUN
escjerps-2131	76	74	and	and	CCONJ
escjerps-2131	76	75	financial	financial	ADJ
escjerps-2131	76	76	obligation	obligation	NOUN
escjerps-2131	76	77	associated	associate	VERB
escjerps-2131	76	78	with	with	ADP
escjerps-2131	76	79	that	that	DET
escjerps-2131	76	80	entity	entity	NOUN
escjerps-2131	76	81	.	.	PUNCT
escjerps-2131	77	1	methodology	methodology	NOUN
escjerps-2131	77	2	research	research	NOUN
escjerps-2131	77	3	methodology	methodology	NOUN
escjerps-2131	77	4	in	in	ADP
escjerps-2131	77	5	this	this	DET
escjerps-2131	77	6	chapter	chapter	NOUN
escjerps-2131	77	7	(	(	PUNCT
escjerps-2131	77	8	three	three	NUM
escjerps-2131	77	9	)	)	PUNCT
escjerps-2131	77	10	,	,	PUNCT
escjerps-2131	77	11	the	the	PRON
escjerps-2131	77	12	we	we	PRON
escjerps-2131	77	13	(	(	PUNCT
escjerps-2131	77	14	researchers	researcher	NOUN
escjerps-2131	77	15	)	)	PUNCT
escjerps-2131	77	16	will	will	AUX
escjerps-2131	77	17	be	be	AUX
escjerps-2131	77	18	discussing	discuss	VERB
escjerps-2131	77	19	the	the	DET
escjerps-2131	77	20	research	research	NOUN
escjerps-2131	77	21	design	design	NOUN
escjerps-2131	77	22	,	,	PUNCT
escjerps-2131	77	23	the	the	DET
escjerps-2131	77	24	population	population	NOUN
escjerps-2131	77	25	of	of	ADP
escjerps-2131	77	26	the	the	DET
escjerps-2131	77	27	study	study	NOUN
escjerps-2131	77	28	,	,	PUNCT
escjerps-2131	77	29	sample	sample	NOUN
escjerps-2131	77	30	and	and	CCONJ
escjerps-2131	77	31	sampling	sample	VERB
escjerps-2131	77	32	techniques	technique	NOUN
escjerps-2131	77	33	,	,	PUNCT
escjerps-2131	77	34	method	method	NOUN
escjerps-2131	77	35	of	of	ADP
escjerps-2131	77	36	data	datum	NOUN
escjerps-2131	77	37	collection	collection	NOUN
escjerps-2131	77	38	,	,	PUNCT
escjerps-2131	77	39	ratio	ratio	NOUN
escjerps-2131	77	40	analysis	analysis	NOUN
escjerps-2131	77	41	,	,	PUNCT
escjerps-2131	77	42	method	method	NOUN
escjerps-2131	77	43	of	of	ADP
escjerps-2131	77	44	data	datum	NOUN
escjerps-2131	77	45	analysis	analysis	NOUN
escjerps-2131	77	46	techniques	technique	NOUN
escjerps-2131	77	47	,	,	PUNCT
escjerps-2131	77	48	reasons	reason	NOUN
escjerps-2131	77	49	for	for	ADP
escjerps-2131	77	50	using	use	VERB
escjerps-2131	77	51	regression	regression	NOUN
escjerps-2131	77	52	analysis	analysis	NOUN
escjerps-2131	77	53	and	and	CCONJ
escjerps-2131	77	54	model	model	NOUN
escjerps-2131	77	55	specification	specification	NOUN
escjerps-2131	77	56	.	.	PUNCT
escjerps-2131	78	1	research	research	NOUN
escjerps-2131	78	2	design	design	NOUN
escjerps-2131	78	3	this	this	PRON
escjerps-2131	78	4	refers	refer	VERB
escjerps-2131	78	5	to	to	ADP
escjerps-2131	78	6	structure	structure	NOUN
escjerps-2131	78	7	,	,	PUNCT
escjerps-2131	78	8	plan	plan	NOUN
escjerps-2131	78	9	and	and	CCONJ
escjerps-2131	78	10	strategy	strategy	NOUN
escjerps-2131	78	11	that	that	PRON
escjerps-2131	78	12	we	we	PRON
escjerps-2131	78	13	intend	intend	VERB
escjerps-2131	78	14	to	to	PART
escjerps-2131	78	15	use	use	VERB
escjerps-2131	78	16	in	in	ADP
escjerps-2131	78	17	order	order	NOUN
escjerps-2131	78	18	to	to	PART
escjerps-2131	78	19	obtain	obtain	VERB
escjerps-2131	78	20	the	the	DET
escjerps-2131	78	21	reliable	reliable	ADJ
escjerps-2131	78	22	information	information	NOUN
escjerps-2131	78	23	and	and	CCONJ
escjerps-2131	78	24	answers	answer	NOUN
escjerps-2131	78	25	to	to	ADP
escjerps-2131	78	26	the	the	DET
escjerps-2131	78	27	research	research	NOUN
escjerps-2131	78	28	questions	question	NOUN
escjerps-2131	78	29	stated	state	VERB
escjerps-2131	78	30	in	in	ADP
escjerps-2131	78	31	chapter	chapter	NOUN
escjerps-2131	78	32	one	one	NUM
escjerps-2131	78	33	of	of	ADP
escjerps-2131	78	34	the	the	DET
escjerps-2131	78	35	research	research	NOUN
escjerps-2131	78	36	above	above	ADV
escjerps-2131	78	37	.	.	PUNCT
escjerps-2131	79	1	the	the	DET
escjerps-2131	79	2	design	design	NOUN
escjerps-2131	79	3	of	of	ADP
escjerps-2131	79	4	this	this	DET
escjerps-2131	79	5	research	research	NOUN
escjerps-2131	79	6	work	work	NOUN
escjerps-2131	79	7	involves	involve	VERB
escjerps-2131	79	8	the	the	DET
escjerps-2131	79	9	use	use	NOUN
escjerps-2131	79	10	of	of	ADP
escjerps-2131	79	11	secondary	secondary	ADJ
escjerps-2131	79	12	data	datum	NOUN
escjerps-2131	79	13	(	(	PUNCT
escjerps-2131	79	14	descriptive	descriptive	ADJ
escjerps-2131	79	15	analysis	analysis	NOUN
escjerps-2131	79	16	)	)	PUNCT
escjerps-2131	79	17	also	also	ADV
escjerps-2131	79	18	known	know	VERB
escjerps-2131	79	19	as	as	ADP
escjerps-2131	79	20	the	the	DET
escjerps-2131	79	21	ex	ex	ADJ
escjerps-2131	79	22	post	post	X
escjerps-2131	79	23	facto	facto	X
escjerps-2131	79	24	(	(	PUNCT
escjerps-2131	79	25	afterthefact	afterthefact	NOUN
escjerps-2131	79	26	)	)	PUNCT
escjerps-2131	79	27	research	research	NOUN
escjerps-2131	79	28	design	design	NOUN
escjerps-2131	79	29	,	,	PUNCT
escjerps-2131	79	30	with	with	ADP
escjerps-2131	79	31	this	this	DET
escjerps-2131	79	32	approach	approach	NOUN
escjerps-2131	79	33	the	the	DET
escjerps-2131	79	34	researcher	researcher	NOUN
escjerps-2131	79	35	does	do	AUX
escjerps-2131	79	36	not	not	PART
escjerps-2131	79	37	possess	possess	VERB
escjerps-2131	79	38	the	the	DET
escjerps-2131	79	39	power	power	NOUN
escjerps-2131	79	40	in	in	ADP
escjerps-2131	79	41	any	any	DET
escjerps-2131	79	42	way	way	NOUN
escjerps-2131	79	43	to	to	ADP
escjerps-2131	79	44	influence	influence	NOUN
escjerps-2131	79	45	or	or	CCONJ
escjerps-2131	79	46	massage	massage	VERB
escjerps-2131	79	47	the	the	DET
escjerps-2131	79	48	study	study	NOUN
escjerps-2131	79	49	variables	variable	NOUN
escjerps-2131	79	50	that	that	PRON
escjerps-2131	79	51	will	will	AUX
escjerps-2131	79	52	be	be	AUX
escjerps-2131	79	53	used	use	VERB
escjerps-2131	79	54	to	to	PART
escjerps-2131	79	55	determine	determine	VERB
escjerps-2131	79	56	the	the	DET
escjerps-2131	79	57	implication	implication	NOUN
escjerps-2131	79	58	of	of	ADP
escjerps-2131	79	59	investing	invest	VERB
escjerps-2131	79	60	activities	activity	NOUN
escjerps-2131	79	61	on	on	ADP
escjerps-2131	79	62	performance	performance	NOUN
escjerps-2131	79	63	of	of	ADP
escjerps-2131	79	64	oil	oil	NOUN
escjerps-2131	79	65	and	and	CCONJ
escjerps-2131	79	66	gas	gas	NOUN
escjerps-2131	79	67	sector	sector	NOUN
escjerps-2131	79	68	firms	firm	NOUN
escjerps-2131	79	69	listed	list	VERB
escjerps-2131	79	70	on	on	ADP
escjerps-2131	79	71	nigeria	nigeria	PROPN
escjerps-2131	79	72	stock	stock	PROPN
escjerps-2131	79	73	exchange	exchange	PROPN
escjerps-2131	79	74	184	184	NUM
escjerps-2131	80	1	|	|	ADV
escjerps-2131	80	2	p	p	X
escjerps-2131	80	3	a	a	DET
escjerps-2131	80	4	g	g	NOUN
escjerps-2131	80	5	e	e	NOUN
escjerps-2131	80	6	population	population	NOUN
escjerps-2131	80	7	as	as	ADP
escjerps-2131	80	8	at	at	ADP
escjerps-2131	80	9	the	the	DET
escjerps-2131	80	10	time	time	NOUN
escjerps-2131	80	11	of	of	ADP
escjerps-2131	80	12	carrying	carry	VERB
escjerps-2131	80	13	out	out	ADP
escjerps-2131	80	14	this	this	DET
escjerps-2131	80	15	research	research	NOUN
escjerps-2131	80	16	the	the	DET
escjerps-2131	80	17	feasible	feasible	ADJ
escjerps-2131	80	18	population	population	NOUN
escjerps-2131	80	19	of	of	ADP
escjerps-2131	80	20	this	this	DET
escjerps-2131	80	21	study	study	NOUN
escjerps-2131	80	22	consists	consist	VERB
escjerps-2131	80	23	of	of	ADP
escjerps-2131	80	24	twelve	twelve	NUM
escjerps-2131	80	25	(	(	PUNCT
escjerps-2131	80	26	12	12	NUM
escjerps-2131	80	27	)	)	PUNCT
escjerps-2131	80	28	firms	firm	NOUN
escjerps-2131	80	29	listed	list	VERB
escjerps-2131	80	30	on	on	ADP
escjerps-2131	80	31	the	the	DET
escjerps-2131	80	32	nigeria	nigeria	PROPN
escjerps-2131	80	33	exchange	exchange	PROPN
escjerps-2131	80	34	group	group	PROPN
escjerps-2131	80	35	(	(	PUNCT
escjerps-2131	80	36	neg	neg	PROPN
escjerps-2131	80	37	)	)	PUNCT
escjerps-2131	80	38	oil	oil	NOUN
escjerps-2131	80	39	and	and	CCONJ
escjerps-2131	80	40	gas	gas	NOUN
escjerps-2131	80	41	sector	sector	NOUN
escjerps-2131	80	42	which	which	PRON
escjerps-2131	80	43	are	be	AUX
escjerps-2131	80	44	:	:	PUNCT
escjerps-2131	80	45	11	11	NUM
escjerps-2131	80	46	plc	plc	NOUN
escjerps-2131	80	47	;	;	PUNCT
escjerps-2131	80	48	anino	anino	PROPN
escjerps-2131	80	49	international	international	PROPN
escjerps-2131	80	50	plc	plc	PROPN
escjerps-2131	80	51	;	;	PUNCT
escjerps-2131	80	52	capital	capital	PROPN
escjerps-2131	80	53	oil	oil	PROPN
escjerps-2131	80	54	plc	plc	PROPN
escjerps-2131	80	55	;	;	PUNCT
escjerps-2131	80	56	conoil	conoil	PROPN
escjerps-2131	80	57	plc	plc	PROPN
escjerps-2131	80	58	;	;	PUNCT
escjerps-2131	80	59	eterna	eterna	PROPN
escjerps-2131	80	60	plc	plc	PROPN
escjerps-2131	80	61	;	;	PUNCT
escjerps-2131	80	62	forte	forte	PROPN
escjerps-2131	80	63	oil	oil	PROPN
escjerps-2131	80	64	plc	plc	PROPN
escjerps-2131	80	65	;	;	PUNCT
escjerps-2131	80	66	japaul	japaul	PROPN
escjerps-2131	80	67	oil	oil	PROPN
escjerps-2131	80	68	&	&	CCONJ
escjerps-2131	80	69	maritime	maritime	PROPN
escjerps-2131	80	70	services	services	PROPN
escjerps-2131	80	71	plc	plc	PROPN
escjerps-2131	80	72	;	;	PUNCT
escjerps-2131	80	73	mrs	mrs	PROPN
escjerps-2131	80	74	.	.	PROPN
escjerps-2131	80	75	oil	oil	PROPN
escjerps-2131	80	76	nigeria	nigeria	PROPN
escjerps-2131	80	77	plc	plc	PROPN
escjerps-2131	80	78	;	;	PUNCT
escjerps-2131	80	79	oando	oando	PROPN
escjerps-2131	80	80	plc	plc	PROPN
escjerps-2131	80	81	;	;	PUNCT
escjerps-2131	80	82	rak	rak	PROPN
escjerps-2131	80	83	unity	unity	NOUN
escjerps-2131	80	84	pet	pet	NOUN
escjerps-2131	80	85	.	.	PUNCT
escjerps-2131	81	1	comp	comp	PROPN
escjerps-2131	81	2	.	.	PUNCT
escjerps-2131	82	1	plc	plc	PROPN
escjerps-2131	82	2	;	;	PUNCT
escjerps-2131	82	3	seplat	seplat	ADJ
escjerps-2131	82	4	petroleum	petroleum	NOUN
escjerps-2131	82	5	development	development	PROPN
escjerps-2131	82	6	company	company	PROPN
escjerps-2131	82	7	plc	plc	PROPN
escjerps-2131	82	8	and	and	CCONJ
escjerps-2131	82	9	total	total	PROPN
escjerps-2131	82	10	nigeria	nigeria	PROPN
escjerps-2131	82	11	plc	plc	PROPN
escjerps-2131	82	12	,	,	PUNCT
escjerps-2131	82	13	on	on	ADP
escjerps-2131	82	14	the	the	DET
escjerps-2131	82	15	average	average	NOUN
escjerps-2131	82	16	they	they	PRON
escjerps-2131	82	17	engage	engage	VERB
escjerps-2131	82	18	both	both	CCONJ
escjerps-2131	82	19	downstream	downstream	ADJ
escjerps-2131	82	20	and	and	CCONJ
escjerps-2131	82	21	upstream	upstream	ADJ
escjerps-2131	82	22	activities	activity	NOUN
escjerps-2131	82	23	.	.	PUNCT
escjerps-2131	83	1	sampling	sampling	NOUN
escjerps-2131	83	2	and	and	CCONJ
escjerps-2131	83	3	sample	sample	NOUN
escjerps-2131	83	4	techniques	technique	NOUN
escjerps-2131	83	5	the	the	DET
escjerps-2131	83	6	sample	sample	NOUN
escjerps-2131	83	7	for	for	ADP
escjerps-2131	83	8	this	this	DET
escjerps-2131	83	9	study	study	NOUN
escjerps-2131	83	10	was	be	AUX
escjerps-2131	83	11	selected	select	VERB
escjerps-2131	83	12	base	base	NOUN
escjerps-2131	83	13	on	on	ADP
escjerps-2131	83	14	the	the	DET
escjerps-2131	83	15	availability	availability	NOUN
escjerps-2131	83	16	of	of	ADP
escjerps-2131	83	17	data	datum	NOUN
escjerps-2131	83	18	on	on	ADP
escjerps-2131	83	19	nigeria	nigeria	PROPN
escjerps-2131	83	20	exchange	exchange	PROPN
escjerps-2131	83	21	group	group	NOUN
escjerps-2131	83	22	and	and	CCONJ
escjerps-2131	83	23	companies	company	NOUN
escjerps-2131	83	24	website	website	NOUN
escjerps-2131	83	25	,	,	PUNCT
escjerps-2131	83	26	this	this	PRON
escjerps-2131	83	27	is	be	AUX
escjerps-2131	83	28	the	the	DET
escjerps-2131	83	29	due	due	ADJ
escjerps-2131	83	30	to	to	ADP
escjerps-2131	83	31	the	the	DET
escjerps-2131	83	32	fact	fact	NOUN
escjerps-2131	83	33	that	that	SCONJ
escjerps-2131	83	34	our	our	PRON
escjerps-2131	83	35	research	research	NOUN
escjerps-2131	83	36	design	design	NOUN
escjerps-2131	83	37	is	be	AUX
escjerps-2131	83	38	based	base	VERB
escjerps-2131	83	39	on	on	ADP
escjerps-2131	83	40	ex	ex	X
escjerps-2131	83	41	post	post	X
escjerps-2131	83	42	facto	facto	X
escjerps-2131	83	43	therefore	therefore	ADV
escjerps-2131	83	44	,	,	PUNCT
escjerps-2131	83	45	eight	eight	NUM
escjerps-2131	83	46	(	(	PUNCT
escjerps-2131	83	47	8)	8)	NUM
escjerps-2131	83	48	firms	firm	NOUN
escjerps-2131	83	49	which	which	PRON
escjerps-2131	83	50	are	be	AUX
escjerps-2131	83	51	:	:	PUNCT
escjerps-2131	83	52	11	11	NUM
escjerps-2131	83	53	plc	plc	PROPN
escjerps-2131	83	54	formally	formally	ADV
escjerps-2131	83	55	mobil	mobil	PROPN
escjerps-2131	83	56	oil	oil	PROPN
escjerps-2131	83	57	nigeria	nigeria	PROPN
escjerps-2131	83	58	plc	plc	PROPN
escjerps-2131	83	59	,	,	PUNCT
escjerps-2131	83	60	anino	anino	PROPN
escjerps-2131	83	61	international	international	PROPN
escjerps-2131	83	62	plc	plc	PROPN
escjerps-2131	83	63	,	,	PUNCT
escjerps-2131	83	64	coinoil	coinoil	PROPN
escjerps-2131	83	65	plc	plc	PROPN
escjerps-2131	83	66	,	,	PUNCT
escjerps-2131	83	67	eterna	eterna	PROPN
escjerps-2131	83	68	plc	plc	PROPN
escjerps-2131	83	69	,	,	PUNCT
escjerps-2131	83	70	ardova	ardova	PROPN
escjerps-2131	83	71	plc	plc	PROPN
escjerps-2131	83	72	formally	formally	ADV
escjerps-2131	83	73	fortoil	fortoil	PROPN
escjerps-2131	83	74	,	,	PUNCT
escjerps-2131	83	75	japaul	japaul	VERB
escjerps-2131	83	76	oil	oil	NOUN
escjerps-2131	83	77	and	and	CCONJ
escjerps-2131	83	78	maritime	maritime	PROPN
escjerps-2131	83	79	service	service	PROPN
escjerps-2131	83	80	plc	plc	PROPN
escjerps-2131	83	81	,	,	PUNCT
escjerps-2131	83	82	seplat	seplat	ADJ
escjerps-2131	83	83	petroleum	petroleum	NOUN
escjerps-2131	83	84	development	development	PROPN
escjerps-2131	83	85	company	company	PROPN
escjerps-2131	83	86	plc	plc	PROPN
escjerps-2131	83	87	and	and	CCONJ
escjerps-2131	83	88	total	total	PROPN
escjerps-2131	83	89	nigeria	nigeria	PROPN
escjerps-2131	83	90	plc	plc	PROPN
escjerps-2131	83	91	.	.	PUNCT
escjerps-2131	84	1	the	the	DET
escjerps-2131	84	2	selected	select	VERB
escjerps-2131	84	3	firms	firm	NOUN
escjerps-2131	84	4	are	be	AUX
escjerps-2131	84	5	equivalent	equivalent	ADJ
escjerps-2131	84	6	67	67	NUM
escjerps-2131	84	7	%	%	NOUN
escjerps-2131	84	8	of	of	ADP
escjerps-2131	84	9	the	the	DET
escjerps-2131	84	10	population	population	NOUN
escjerps-2131	84	11	for	for	ADP
escjerps-2131	84	12	the	the	DET
escjerps-2131	84	13	study	study	NOUN
escjerps-2131	84	14	,	,	PUNCT
escjerps-2131	84	15	therefore	therefore	ADV
escjerps-2131	84	16	financial	financial	ADJ
escjerps-2131	84	17	statement	statement	NOUN
escjerps-2131	84	18	of	of	ADP
escjerps-2131	84	19	the	the	DET
escjerps-2131	84	20	listed	list	VERB
escjerps-2131	84	21	companies	company	NOUN
escjerps-2131	84	22	with	with	ADP
escjerps-2131	84	23	data	datum	NOUN
escjerps-2131	84	24	ranging	range	VERB
escjerps-2131	84	25	from	from	ADP
escjerps-2131	84	26	2013	2013	NUM
escjerps-2131	84	27	to	to	ADP
escjerps-2131	84	28	2020	2020	NUM
escjerps-2131	84	29	we	we	PRON
escjerps-2131	84	30	reanalyzed	reanalyze	VERB
escjerps-2131	84	31	.	.	PUNCT
escjerps-2131	85	1	method	method	NOUN
escjerps-2131	85	2	of	of	ADP
escjerps-2131	85	3	data	datum	NOUN
escjerps-2131	85	4	collection	collection	NOUN
escjerps-2131	85	5	the	the	DET
escjerps-2131	85	6	data	datum	NOUN
escjerps-2131	85	7	were	be	AUX
escjerps-2131	85	8	collected	collect	VERB
escjerps-2131	85	9	from	from	ADP
escjerps-2131	85	10	the	the	DET
escjerps-2131	85	11	following	follow	VERB
escjerps-2131	85	12	source	source	NOUN
escjerps-2131	85	13	:	:	PUNCT
escjerps-2131	85	14	secondary	secondary	ADJ
escjerps-2131	85	15	source	source	NOUN
escjerps-2131	85	16	:	:	PUNCT
escjerps-2131	85	17	the	the	DET
escjerps-2131	85	18	secondary	secondary	ADJ
escjerps-2131	85	19	source	source	NOUN
escjerps-2131	85	20	of	of	ADP
escjerps-2131	85	21	data	datum	NOUN
escjerps-2131	85	22	collection	collection	NOUN
escjerps-2131	85	23	for	for	ADP
escjerps-2131	85	24	this	this	DET
escjerps-2131	85	25	study	study	NOUN
escjerps-2131	85	26	includes	include	VERB
escjerps-2131	85	27	;	;	PUNCT
escjerps-2131	85	28	published	publish	VERB
escjerps-2131	85	29	data	datum	NOUN
escjerps-2131	85	30	on	on	ADP
escjerps-2131	85	31	the	the	DET
escjerps-2131	85	32	nigerian	nigerian	ADJ
escjerps-2131	85	33	stock	stock	NOUN
escjerps-2131	85	34	exchange	exchange	PROPN
escjerps-2131	85	35	and	and	CCONJ
escjerps-2131	85	36	the	the	DET
escjerps-2131	85	37	various	various	ADJ
escjerps-2131	85	38	companies	company	NOUN
escjerps-2131	85	39	web	web	NOUN
escjerps-2131	85	40	-	-	NOUN
escjerps-2131	85	41	site	site	NOUN
escjerps-2131	85	42	.	.	PUNCT
escjerps-2131	86	1	i.e.	i.e.	X
escjerps-2131	86	2	,	,	PUNCT
escjerps-2131	86	3	using	use	VERB
escjerps-2131	86	4	the	the	DET
escjerps-2131	86	5	financial	financial	ADJ
escjerps-2131	86	6	statement	statement	NOUN
escjerps-2131	86	7	of	of	ADP
escjerps-2131	86	8	the	the	DET
escjerps-2131	86	9	various	various	ADJ
escjerps-2131	86	10	companies	company	NOUN
escjerps-2131	86	11	to	to	PART
escjerps-2131	86	12	analyzed	analyze	VERB
escjerps-2131	86	13	the	the	DET
escjerps-2131	86	14	impact	impact	NOUN
escjerps-2131	86	15	of	of	ADP
escjerps-2131	86	16	investing	invest	VERB
escjerps-2131	86	17	activities	activity	NOUN
escjerps-2131	86	18	on	on	ADP
escjerps-2131	86	19	their	their	PRON
escjerps-2131	86	20	performance	performance	NOUN
escjerps-2131	86	21	from	from	ADP
escjerps-2131	86	22	2013	2013	NUM
escjerps-2131	86	23	to	to	ADP
escjerps-2131	86	24	2020	2020	NUM
escjerps-2131	86	25	(	(	PUNCT
escjerps-2131	86	26	eight	eight	NUM
escjerps-2131	86	27	years	year	NOUN
escjerps-2131	86	28	period	period	NOUN
escjerps-2131	86	29	)	)	PUNCT
escjerps-2131	86	30	.	.	PUNCT
escjerps-2131	87	1	data	datum	NOUN
escjerps-2131	87	2	analysis	analysis	NOUN
escjerps-2131	87	3	techniques	technique	NOUN
escjerps-2131	87	4	the	the	DET
escjerps-2131	87	5	researcher	researcher	NOUN
escjerps-2131	87	6	choose	choose	VERB
escjerps-2131	87	7	to	to	PART
escjerps-2131	87	8	represent	represent	VERB
escjerps-2131	87	9	the	the	DET
escjerps-2131	87	10	data	datum	NOUN
escjerps-2131	87	11	collected	collect	VERB
escjerps-2131	87	12	in	in	ADP
escjerps-2131	87	13	tables	table	NOUN
escjerps-2131	87	14	of	of	ADP
escjerps-2131	87	15	frequency	frequency	NOUN
escjerps-2131	87	16	,	,	PUNCT
escjerps-2131	87	17	using	use	VERB
escjerps-2131	87	18	simple	simple	ADJ
escjerps-2131	87	19	percentage	percentage	NOUN
escjerps-2131	87	20	(	(	PUNCT
escjerps-2131	87	21	ratios	ratio	NOUN
escjerps-2131	87	22	)	)	PUNCT
escjerps-2131	87	23	method	method	NOUN
escjerps-2131	87	24	of	of	ADP
escjerps-2131	87	25	analysis	analysis	NOUN
escjerps-2131	87	26	,	,	PUNCT
escjerps-2131	87	27	thus	thus	ADV
escjerps-2131	87	28	the	the	DET
escjerps-2131	87	29	statistical	statistical	ADJ
escjerps-2131	87	30	method	method	NOUN
escjerps-2131	87	31	used	use	VERB
escjerps-2131	87	32	for	for	ADP
escjerps-2131	87	33	testing	test	VERB
escjerps-2131	87	34	the	the	DET
escjerps-2131	87	35	hypotheses	hypothesis	NOUN
escjerps-2131	87	36	will	will	AUX
escjerps-2131	87	37	be	be	AUX
escjerps-2131	87	38	the	the	DET
escjerps-2131	87	39	regression	regression	NOUN
escjerps-2131	87	40	analysis	analysis	NOUN
escjerps-2131	87	41	,	,	PUNCT
escjerps-2131	87	42	which	which	PRON
escjerps-2131	87	43	was	be	AUX
escjerps-2131	87	44	also	also	ADV
escjerps-2131	87	45	used	use	VERB
escjerps-2131	87	46	by	by	ADP
escjerps-2131	87	47	etale	etale	NOUN
escjerps-2131	87	48	,	,	PUNCT
escjerps-2131	87	49	edoumiekumo	edoumiekumo	NOUN
escjerps-2131	87	50	,	,	PUNCT
escjerps-2131	87	51	kpolode	kpolode	NOUN
escjerps-2131	87	52	,	,	PUNCT
escjerps-2131	87	53	and	and	CCONJ
escjerps-2131	87	54	nkak	nkak	ADJ
escjerps-2131	87	55	,	,	PUNCT
escjerps-2131	87	56	(	(	PUNCT
escjerps-2131	87	57	2020	2020	NUM
escjerps-2131	87	58	)	)	PUNCT
escjerps-2131	87	59	etale	etale	NOUN
escjerps-2131	87	60	and	and	CCONJ
escjerps-2131	87	61	uzakah	uzakah	PROPN
escjerps-2131	87	62	(	(	PUNCT
escjerps-2131	87	63	2019	2019	NUM
escjerps-2131	87	64	)	)	PUNCT
escjerps-2131	87	65	to	to	PART
escjerps-2131	87	66	mention	mention	VERB
escjerps-2131	87	67	but	but	CCONJ
escjerps-2131	87	68	afew	afew	VERB
escjerps-2131	87	69	.	.	PUNCT
escjerps-2131	88	1	reasons	reason	NOUN
escjerps-2131	88	2	for	for	ADP
escjerps-2131	88	3	using	use	VERB
escjerps-2131	88	4	regression	regression	NOUN
escjerps-2131	88	5	analysis	analysis	NOUN
escjerps-2131	88	6	regression	regression	NOUN
escjerps-2131	88	7	analysis	analysis	NOUN
escjerps-2131	88	8	is	be	AUX
escjerps-2131	88	9	a	a	DET
escjerps-2131	88	10	set	set	NOUN
escjerps-2131	88	11	of	of	ADP
escjerps-2131	88	12	statistical	statistical	ADJ
escjerps-2131	88	13	model	model	NOUN
escjerps-2131	88	14	processes	process	NOUN
escjerps-2131	88	15	for	for	ADP
escjerps-2131	88	16	estimating	estimate	VERB
escjerps-2131	88	17	the	the	DET
escjerps-2131	88	18	relationships	relationship	NOUN
escjerps-2131	88	19	between	between	ADP
escjerps-2131	88	20	an	an	DET
escjerps-2131	88	21	output	output	NOUN
escjerps-2131	88	22	,	,	PUNCT
escjerps-2131	88	23	also	also	ADV
escjerps-2131	88	24	known	know	VERB
escjerps-2131	88	25	as	as	ADP
escjerps-2131	88	26	the	the	DET
escjerps-2131	88	27	dependent	dependent	ADJ
escjerps-2131	88	28	and	and	CCONJ
escjerps-2131	88	29	independent	independent	ADJ
escjerps-2131	88	30	variablesin	variablesin	NOUN
escjerps-2131	88	31	order	order	NOUN
escjerps-2131	88	32	to	to	PART
escjerps-2131	88	33	achieve	achieve	VERB
escjerps-2131	88	34	an	an	DET
escjerps-2131	88	35	outcome	outcome	NOUN
escjerps-2131	88	36	which	which	PRON
escjerps-2131	88	37	will	will	AUX
escjerps-2131	88	38	be	be	AUX
escjerps-2131	88	39	used	use	VERB
escjerps-2131	88	40	in	in	ADP
escjerps-2131	88	41	making	make	VERB
escjerps-2131	88	42	crucial	crucial	ADJ
escjerps-2131	88	43	decisions	decision	NOUN
escjerps-2131	88	44	(	(	PUNCT
escjerps-2131	88	45	rawlings	rawlings	PROPN
escjerps-2131	88	46	,	,	PUNCT
escjerps-2131	88	47	pantula	pantula	PROPN
escjerps-2131	88	48	&	&	CCONJ
escjerps-2131	88	49	dickey,1989	dickey,1989	PROPN
escjerps-2131	88	50	)	)	PUNCT
escjerps-2131	88	51	.	.	PUNCT
escjerps-2131	89	1	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngmobil00007	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngmobil00007	PROPN
escjerps-2131	89	2	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngcapoil0007	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngcapoil0007	PROPN
escjerps-2131	89	3	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngconoil0003	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngconoil0003	PROPN
escjerps-2131	89	4	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngjapauloil4	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngjapauloil4	PROPN
escjerps-2131	89	5	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngoando00002	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngoando00002	NOUN
escjerps-2131	89	6	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngseplat0008	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngseplat0008	NOUN
escjerps-2131	89	7	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngseplat0008	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngseplat0008	NOUN
escjerps-2131	89	8	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngseplat0008	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngseplat0008	NOUN
escjerps-2131	89	9	https://en.wikipedia.org/wiki/independent_variable	https://en.wikipedia.org/wiki/independent_variable	ADJ
escjerps-2131	89	10	https://en.wikipedia.org/wiki/independent_variable	https://en.wikipedia.org/wiki/independent_variable	ADJ
escjerps-2131	89	11	185	185	NUM
escjerps-2131	90	1	|	|	ADV
escjerps-2131	90	2	p	p	ADP
escjerps-2131	90	3	a	a	DET
escjerps-2131	90	4	g	g	NOUN
escjerps-2131	90	5	e	e	NOUN
escjerps-2131	90	6	model	model	NOUN
escjerps-2131	90	7	specification	specification	NOUN
escjerps-2131	90	8	the	the	DET
escjerps-2131	90	9	above	above	ADJ
escjerps-2131	90	10	variables	variable	NOUN
escjerps-2131	90	11	will	will	AUX
escjerps-2131	90	12	tested	test	VERB
escjerps-2131	90	13	using	use	VERB
escjerps-2131	90	14	regression	regression	NOUN
escjerps-2131	90	15	analysis	analysis	NOUN
escjerps-2131	90	16	with	with	ADP
escjerps-2131	90	17	the	the	DET
escjerps-2131	90	18	help	help	NOUN
escjerps-2131	90	19	e	e	NOUN
escjerps-2131	90	20	-	-	NOUN
escjerps-2131	90	21	view	view	VERB
escjerps-2131	90	22	9.0	9.0	NUM
escjerps-2131	90	23	the	the	DET
escjerps-2131	90	24	model	model	NOUN
escjerps-2131	90	25	is	be	AUX
escjerps-2131	90	26	stated	state	VERB
escjerps-2131	90	27	as	as	SCONJ
escjerps-2131	90	28	follows	follow	VERB
escjerps-2131	90	29	:	:	PUNCT
escjerps-2131	90	30	roe	roe	PROPN
escjerps-2131	90	31	=	=	SYM
escjerps-2131	90	32	f	f	PROPN
escjerps-2131	90	33	(	(	PUNCT
escjerps-2131	90	34	ecr	ecr	PROPN
escjerps-2131	90	35	,	,	PUNCT
escjerps-2131	90	36	der	der	NOUN
escjerps-2131	90	37	)	)	PUNCT
escjerps-2131	90	38	this	this	PRON
escjerps-2131	90	39	can	can	AUX
escjerps-2131	90	40	be	be	AUX
escjerps-2131	90	41	expressed	express	VERB
escjerps-2131	90	42	into	into	ADP
escjerps-2131	90	43	an	an	DET
escjerps-2131	90	44	equation	equation	NOUN
escjerps-2131	90	45	as	as	SCONJ
escjerps-2131	90	46	follows	follow	VERB
escjerps-2131	90	47	:	:	PUNCT
escjerps-2131	90	48	roe	roe	PROPN
escjerps-2131	90	49	=	=	SYM
escjerps-2131	90	50	β0	β0	PROPN
escjerps-2131	90	51	+	+	CCONJ
escjerps-2131	90	52	β1	β1	PROPN
escjerps-2131	90	53	ecr+	ecr+	PROPN
escjerps-2131	90	54	β2der	β2der	PUNCT
escjerps-2131	91	1	+	+	NOUN
escjerps-2131	91	2	μ	μ	NOUN
escjerps-2131	91	3	where	where	SCONJ
escjerps-2131	91	4	:	:	PUNCT
escjerps-2131	91	5	roe	roe	PROPN
escjerps-2131	91	6	=	=	SYM
escjerps-2131	91	7	return	return	NOUN
escjerps-2131	91	8	on	on	ADP
escjerps-2131	91	9	equity	equity	NOUN
escjerps-2131	91	10	served	serve	VERB
escjerps-2131	91	11	as	as	ADP
escjerps-2131	91	12	a	a	DET
escjerps-2131	91	13	measure	measure	NOUN
escjerps-2131	91	14	of	of	ADP
escjerps-2131	91	15	firms	firm	NOUN
escjerps-2131	91	16	performance	performance	NOUN
escjerps-2131	91	17	(	(	PUNCT
escjerps-2131	91	18	the	the	DET
escjerps-2131	91	19	dependent	dependent	ADJ
escjerps-2131	91	20	variable	variable	NOUN
escjerps-2131	91	21	)	)	PUNCT
escjerps-2131	91	22	.	.	PUNCT
escjerps-2131	92	1	ecr=	ecr=	NOUN
escjerps-2131	92	2	equity	equity	NOUN
escjerps-2131	92	3	to	to	ADP
escjerps-2131	92	4	capital	capital	NOUN
escjerps-2131	92	5	employed	employ	VERB
escjerps-2131	92	6	ratio	ratio	NOUN
escjerps-2131	92	7	,	,	PUNCT
escjerps-2131	92	8	serve	serve	VERB
escjerps-2131	92	9	as	as	ADP
escjerps-2131	92	10	an	an	DET
escjerps-2131	92	11	independent	independent	ADJ
escjerps-2131	92	12	variables	variable	NOUN
escjerps-2131	92	13	and	and	CCONJ
escjerps-2131	92	14	also	also	ADV
escjerps-2131	92	15	a	a	DET
escjerps-2131	92	16	component	component	NOUN
escjerps-2131	92	17	of	of	ADP
escjerps-2131	92	18	investing	investing	NOUN
escjerps-2131	92	19	activities	activity	NOUN
escjerps-2131	92	20	in	in	ADP
escjerps-2131	92	21	the	the	DET
escjerps-2131	92	22	study	study	NOUN
escjerps-2131	92	23	.	.	PUNCT
escjerps-2131	93	1	der	der	NOUN
escjerps-2131	93	2	=	=	NOUN
escjerps-2131	93	3	debt	debt	NOUN
escjerps-2131	93	4	to	to	ADP
escjerps-2131	93	5	equity	equity	NOUN
escjerps-2131	93	6	ratio	ratio	NOUN
escjerps-2131	93	7	,	,	PUNCT
escjerps-2131	93	8	served	serve	VERB
escjerps-2131	93	9	as	as	ADP
escjerps-2131	93	10	an	an	DET
escjerps-2131	93	11	independent	independent	ADJ
escjerps-2131	93	12	variables	variable	NOUN
escjerps-2131	93	13	and	and	CCONJ
escjerps-2131	93	14	also	also	ADV
escjerps-2131	93	15	a	a	DET
escjerps-2131	93	16	component	component	NOUN
escjerps-2131	93	17	of	of	ADP
escjerps-2131	93	18	investing	investing	NOUN
escjerps-2131	93	19	activities	activity	NOUN
escjerps-2131	93	20	in	in	ADP
escjerps-2131	93	21	the	the	DET
escjerps-2131	93	22	study	study	NOUN
escjerps-2131	93	23	.	.	PUNCT
escjerps-2131	94	1	β0=	β0=	ADJ
escjerps-2131	94	2	server	server	NOUN
escjerps-2131	94	3	as	as	ADP
escjerps-2131	94	4	intercept	intercept	NOUN
escjerps-2131	94	5	or	or	CCONJ
escjerps-2131	94	6	constant	constant	ADJ
escjerps-2131	94	7	termβ1	termβ1	NOUN
escjerps-2131	94	8	,	,	PUNCT
escjerps-2131	94	9	β2	β2	VERB
escjerps-2131	94	10	,	,	PUNCT
escjerps-2131	94	11	β3=	β3=	PROPN
escjerps-2131	94	12	served	serve	VERB
escjerps-2131	94	13	as	as	ADP
escjerps-2131	94	14	the	the	DET
escjerps-2131	94	15	parameters	parameter	NOUN
escjerps-2131	94	16	or	or	CCONJ
escjerps-2131	94	17	coefficients	coefficient	NOUN
escjerps-2131	94	18	of	of	ADP
escjerps-2131	94	19	the	the	DET
escjerps-2131	94	20	independent	independent	ADJ
escjerps-2131	94	21	variables	variable	NOUN
escjerps-2131	94	22	to	to	PART
escjerps-2131	94	23	be	be	AUX
escjerps-2131	94	24	estimated	estimate	VERB
escjerps-2131	94	25	through	through	ADP
escjerps-2131	94	26	the	the	DET
escjerps-2131	94	27	regression	regression	NOUN
escjerps-2131	94	28	.	.	PUNCT
escjerps-2131	95	1	μ	μ	PROPN
escjerps-2131	95	2	=	=	PUNCT
escjerps-2131	95	3	is	be	AUX
escjerps-2131	95	4	the	the	DET
escjerps-2131	95	5	error	error	NOUN
escjerps-2131	95	6	term	term	NOUN
escjerps-2131	95	7	of	of	ADP
escjerps-2131	95	8	the	the	DET
escjerps-2131	95	9	regression	regression	NOUN
escjerps-2131	95	10	equation	equation	NOUN
escjerps-2131	95	11	(	(	PUNCT
escjerps-2131	95	12	stochastic	stochastic	ADJ
escjerps-2131	95	13	variable	variable	NOUN
escjerps-2131	95	14	)	)	PUNCT
escjerps-2131	95	15	results	result	NOUN
escjerps-2131	95	16	and	and	CCONJ
escjerps-2131	95	17	discussion	discussion	NOUN
escjerps-2131	95	18	offindings	offinding	NOUN
escjerps-2131	95	19	in	in	ADP
escjerps-2131	95	20	this	this	DET
escjerps-2131	95	21	chapter	chapter	NOUN
escjerps-2131	95	22	we	we	PRON
escjerps-2131	95	23	will	will	AUX
escjerps-2131	95	24	be	be	AUX
escjerps-2131	95	25	presenting	present	VERB
escjerps-2131	95	26	and	and	CCONJ
escjerps-2131	95	27	analyzing	analyze	VERB
escjerps-2131	95	28	the	the	DET
escjerps-2131	95	29	data	datum	NOUN
escjerps-2131	95	30	of	of	ADP
escjerps-2131	95	31	the	the	DET
escjerps-2131	95	32	study	study	NOUN
escjerps-2131	95	33	,	,	PUNCT
escjerps-2131	95	34	and	and	CCONJ
escjerps-2131	95	35	the	the	DET
escjerps-2131	95	36	chapter	chapter	NOUN
escjerps-2131	95	37	also	also	ADV
escjerps-2131	95	38	tests	test	VERB
escjerps-2131	95	39	the	the	DET
escjerps-2131	95	40	hypotheses	hypothesis	NOUN
escjerps-2131	95	41	,	,	PUNCT
escjerps-2131	95	42	and	and	CCONJ
escjerps-2131	95	43	presents	present	VERB
escjerps-2131	95	44	the	the	DET
escjerps-2131	95	45	study	study	NOUN
escjerps-2131	95	46	’s	’s	PART
escjerps-2131	95	47	findings	finding	NOUN
escjerps-2131	95	48	.	.	PUNCT
escjerps-2131	96	1	data	datum	NOUN
escjerps-2131	96	2	presentation	presentation	NOUN
escjerps-2131	96	3	the	the	DET
escjerps-2131	96	4	data	datum	NOUN
escjerps-2131	96	5	collected	collect	VERB
escjerps-2131	96	6	from	from	ADP
escjerps-2131	96	7	nigeria	nigeria	PROPN
escjerps-2131	96	8	exchange	exchange	NOUN
escjerps-2131	96	9	group	group	NOUN
escjerps-2131	96	10	and	and	CCONJ
escjerps-2131	96	11	the	the	DET
escjerps-2131	96	12	companies	company	NOUN
escjerps-2131	96	13	’	’	PART
escjerps-2131	96	14	web	web	NOUN
escjerps-2131	96	15	-	-	NOUN
escjerps-2131	96	16	site	site	NOUN
escjerps-2131	96	17	were	be	AUX
escjerps-2131	96	18	presented	present	VERB
escjerps-2131	96	19	and	and	CCONJ
escjerps-2131	96	20	analyzed	analyze	VERB
escjerps-2131	96	21	in	in	ADP
escjerps-2131	96	22	this	this	DET
escjerps-2131	96	23	chapter	chapter	NOUN
escjerps-2131	96	24	.	.	PUNCT
escjerps-2131	97	1	therefore	therefore	ADV
escjerps-2131	97	2	the	the	DET
escjerps-2131	97	3	analysis	analysis	NOUN
escjerps-2131	97	4	is	be	AUX
escjerps-2131	97	5	based	base	VERB
escjerps-2131	97	6	on	on	ADP
escjerps-2131	97	7	secondary	secondary	ADJ
escjerps-2131	97	8	data	datum	NOUN
escjerps-2131	97	9	of	of	ADP
escjerps-2131	97	10	the	the	DET
escjerps-2131	97	11	following	follow	VERB
escjerps-2131	97	12	companies	company	NOUN
escjerps-2131	97	13	:	:	PUNCT
escjerps-2131	97	14	:	:	PUNCT
escjerps-2131	97	15	11	11	NUM
escjerps-2131	97	16	plc	plc	PROPN
escjerps-2131	97	17	formally	formally	ADV
escjerps-2131	97	18	mobil	mobil	PROPN
escjerps-2131	97	19	oil	oil	PROPN
escjerps-2131	97	20	nigeria	nigeria	PROPN
escjerps-2131	97	21	plc	plc	PROPN
escjerps-2131	97	22	,	,	PUNCT
escjerps-2131	97	23	anino	anino	PROPN
escjerps-2131	97	24	international	international	PROPN
escjerps-2131	97	25	plc	plc	PROPN
escjerps-2131	97	26	,	,	PUNCT
escjerps-2131	97	27	coinoil	coinoil	PROPN
escjerps-2131	97	28	plc	plc	PROPN
escjerps-2131	97	29	,	,	PUNCT
escjerps-2131	97	30	eterna	eterna	PROPN
escjerps-2131	97	31	plc	plc	PROPN
escjerps-2131	97	32	,	,	PUNCT
escjerps-2131	97	33	ardova	ardova	PROPN
escjerps-2131	97	34	plc	plc	PROPN
escjerps-2131	97	35	formally	formally	ADV
escjerps-2131	97	36	fortoil	fortoil	PROPN
escjerps-2131	97	37	,	,	PUNCT
escjerps-2131	97	38	japaul	japaul	VERB
escjerps-2131	97	39	oil	oil	NOUN
escjerps-2131	97	40	and	and	CCONJ
escjerps-2131	97	41	maritime	maritime	PROPN
escjerps-2131	97	42	service	service	PROPN
escjerps-2131	97	43	plc	plc	PROPN
escjerps-2131	97	44	,	,	PUNCT
escjerps-2131	97	45	seplat	seplat	ADJ
escjerps-2131	97	46	petroleum	petroleum	NOUN
escjerps-2131	97	47	development	development	PROPN
escjerps-2131	97	48	company	company	PROPN
escjerps-2131	97	49	plc	plc	PROPN
escjerps-2131	97	50	and	and	CCONJ
escjerps-2131	97	51	total	total	PROPN
escjerps-2131	97	52	nigeria	nigeria	PROPN
escjerps-2131	97	53	.	.	PUNCT
escjerps-2131	98	1	table4.1.1	table4.1.1	NOUN
escjerps-2131	98	2	:	:	PUNCT
escjerps-2131	98	3	operationalizing	operationalize	VERB
escjerps-2131	98	4	values	value	NOUN
escjerps-2131	98	5	(	(	PUNCT
escjerps-2131	98	6	tableone	tableone	NOUN
escjerps-2131	98	7	)	)	PUNCT
escjerps-2131	98	8	year	year	NOUN
escjerps-2131	98	9	profit	profit	NOUN
escjerps-2131	98	10	aftertax	aftertax	NOUN
escjerps-2131	98	11	(	(	PUNCT
escjerps-2131	98	12	n'000	n'000	NOUN
escjerps-2131	98	13	)	)	PUNCT
escjerps-2131	98	14	noncurrentde	noncurrentde	NOUN
escjerps-2131	98	15	bt	bt	PROPN
escjerps-2131	98	16	(	(	PUNCT
escjerps-2131	98	17	n'000	n'000	NOUN
escjerps-2131	98	18	)	)	PUNCT
escjerps-2131	98	19	capitalem	capitalem	NOUN
escjerps-2131	99	1	ployed	ploye	VERB
escjerps-2131	99	2	(	(	PUNCT
escjerps-2131	99	3	n'000	n'000	NOUN
escjerps-2131	99	4	)	)	PUNCT
escjerps-2131	99	5	equity	equity	NOUN
escjerps-2131	99	6	(	(	PUNCT
escjerps-2131	99	7	n'000	n'000	NOUN
escjerps-2131	99	8	)	)	PUNCT
escjerps-2131	99	9	2020	2020	NUM
escjerps-2131	99	10	72,333,815	72,333,815	NUM
escjerps-2131	99	11	368,591,27	368,591,27	NUM
escjerps-2131	99	12	5	5	NUM
escjerps-2131	99	13	1,016,586,2	1,016,586,2	NUM
escjerps-2131	99	14	60	60	NUM
escjerps-2131	99	15	647,994	647,994	NUM
escjerps-2131	99	16	,	,	PUNCT
escjerps-2131	99	17	985	985	NUM
escjerps-2131	99	18	2019	2019	NUM
escjerps-2131	99	19	43,287,945	43,287,945	NUM
escjerps-2131	99	20	154,474,34	154,474,34	NUM
escjerps-2131	99	21	8	8	NUM
escjerps-2131	99	22	340,062,94	340,062,94	NUM
escjerps-2131	99	23	6	6	NUM
escjerps-2131	99	24	185,588	185,588	NUM
escjerps-2131	99	25	,	,	PUNCT
escjerps-2131	99	26	598	598	NUM
escjerps-2131	99	27	2018	2018	NUM
escjerps-2131	99	28	31,942,001	31,942,001	NUM
escjerps-2131	99	29	183,092,04	183,092,04	NUM
escjerps-2131	99	30	6	6	NUM
escjerps-2131	99	31	457,821,95	457,821,95	NUM
escjerps-2131	99	32	4	4	NUM
escjerps-2131	99	33	274,729	274,729	NUM
escjerps-2131	99	34	,	,	PUNCT
escjerps-2131	99	35	908	908	NUM
escjerps-2131	99	36	2017	2017	NUM
escjerps-2131	99	37	13,491,928	13,491,928	NUM
escjerps-2131	99	38	436,620,86	436,620,86	NUM
escjerps-2131	99	39	899,496,97	899,496,97	NOUN
escjerps-2131	99	40	462,876	462,876	NUM
escjerps-2131	99	41	,	,	PUNCT
escjerps-2131	99	42	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngseplat0008	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngseplat0008	NOUN
escjerps-2131	99	43	186	186	NUM
escjerps-2131	99	44	|	|	ADV
escjerps-2131	99	45	p	p	NOUN
escjerps-2131	99	46	a	a	DET
escjerps-2131	99	47	g	g	NOUN
escjerps-2131	99	48	e	e	NOUN
escjerps-2131	99	49	5	5	NUM
escjerps-2131	99	50	3	3	NUM
escjerps-2131	99	51	108	108	NUM
escjerps-2131	99	52	2016	2016	NUM
escjerps-2131	99	53	-35,522,432	-35,522,432	NOUN
escjerps-2131	99	54	326,481,49	326,481,49	NOUN
escjerps-2131	99	55	8	8	NUM
escjerps-2131	99	56	656,614,63	656,614,63	NUM
escjerps-2131	99	57	5	5	NUM
escjerps-2131	99	58	330,133	330,133	NUM
escjerps-2131	99	59	,	,	PUNCT
escjerps-2131	99	60	137	137	NUM
escjerps-2131	99	61	2015	2015	NUM
escjerps-2131	99	62	-122,954,507	-122,954,507	SYM
escjerps-2131	99	63	383,871,06	383,871,06	NUM
escjerps-2131	99	64	3	3	NUM
escjerps-2131	99	65	704,832,67	704,832,67	NOUN
escjerps-2131	99	66	2	2	NUM
escjerps-2131	99	67	320,961	320,961	NUM
escjerps-2131	99	68	,	,	PUNCT
escjerps-2131	99	69	609	609	NUM
escjerps-2131	99	70	2014	2014	NUM
escjerps-2131	99	71	28,018,128	28,018,128	NUM
escjerps-2131	99	72	123,433,63	123,433,63	NUM
escjerps-2131	99	73	3	3	NUM
escjerps-2131	99	74	502,591,60	502,591,60	NUM
escjerps-2131	99	75	5	5	NUM
escjerps-2131	99	76	379,157	379,157	NUM
escjerps-2131	99	77	,	,	PUNCT
escjerps-2131	99	78	972	972	NUM
escjerps-2131	99	79	2013	2013	NUM
escjerps-2131	99	80	9,855,640	9,855,640	NUM
escjerps-2131	99	81	143,718,81	143,718,81	NUM
escjerps-2131	99	82	0	0	NUM
escjerps-2131	99	83	415,381,52	415,381,52	PROPN
escjerps-2131	99	84	8	8	NUM
escjerps-2131	99	85	271,662	271,662	NUM
escjerps-2131	99	86	,	,	PUNCT
escjerps-2131	99	87	718	718	NUM
escjerps-2131	99	88	source	source	NOUN
escjerps-2131	99	89	:	:	PUNCT
escjerps-2131	99	90	author	author	PROPN
escjerps-2131	99	91	’s	’s	PART
escjerps-2131	99	92	computations	computation	NOUN
escjerps-2131	99	93	,	,	PUNCT
escjerps-2131	99	94	from	from	ADP
escjerps-2131	99	95	companies	company	NOUN
escjerps-2131	99	96	’	’	PART
escjerps-2131	99	97	financialstatements	financialstatement	NOUN
escjerps-2131	99	98	.	.	PUNCT
escjerps-2131	100	1	table	table	NOUN
escjerps-2131	100	2	one	one	NUM
escjerps-2131	100	3	above	above	ADV
escjerps-2131	100	4	showed	show	VERB
escjerps-2131	100	5	the	the	DET
escjerps-2131	100	6	combined	combine	VERB
escjerps-2131	100	7	computed	compute	VERB
escjerps-2131	100	8	profit	profit	NOUN
escjerps-2131	100	9	after	after	ADP
escjerps-2131	100	10	tax	tax	NOUN
escjerps-2131	100	11	for	for	ADP
escjerps-2131	100	12	the	the	DET
escjerps-2131	100	13	respective	respective	ADJ
escjerps-2131	100	14	eight	eight	NUM
escjerps-2131	100	15	firms	firm	NOUN
escjerps-2131	100	16	listed	list	VERB
escjerps-2131	100	17	on	on	ADP
escjerps-2131	100	18	the	the	DET
escjerps-2131	100	19	oil	oil	NOUN
escjerps-2131	100	20	and	and	CCONJ
escjerps-2131	100	21	gas	gas	NOUN
escjerps-2131	100	22	sector	sector	NOUN
escjerps-2131	100	23	of	of	ADP
escjerps-2131	100	24	nigeria	nigeria	PROPN
escjerps-2131	100	25	exchange	exchange	PROPN
escjerps-2131	100	26	group	group	NOUN
escjerps-2131	100	27	from	from	ADP
escjerps-2131	100	28	2019	2019	NUM
escjerps-2131	100	29	to	to	ADP
escjerps-2131	100	30	2012	2012	NUM
escjerps-2131	100	31	which	which	PRON
escjerps-2131	100	32	are	be	AUX
escjerps-2131	100	33	:	:	PUNCT
escjerps-2131	100	34	72,333,815	72,333,815	NUM
escjerps-2131	100	35	,	,	PUNCT
escjerps-2131	100	36	43,287,945	43,287,945	NUM
escjerps-2131	100	37	,	,	PUNCT
escjerps-2131	100	38	31,942,001,13,491,928,-35,522,432,122,954,507,28,018,128and9,855,640allvaluesareinthousandsof	31,942,001,13,491,928,-35,522,432,122,954,507,28,018,128and9,855,640allvaluesareinthousandsof	PRON
escjerps-2131	100	39	naira	naira	NOUN
escjerps-2131	100	40	respectively	respectively	ADV
escjerps-2131	100	41	.	.	PUNCT
escjerps-2131	101	1	from	from	ADP
escjerps-2131	101	2	the	the	DET
escjerps-2131	101	3	reported	report	VERB
escjerps-2131	101	4	profit	profit	NOUN
escjerps-2131	101	5	calculated	calculate	VERB
escjerps-2131	101	6	above	above	ADV
escjerps-2131	101	7	,	,	PUNCT
escjerps-2131	101	8	we	we	PRON
escjerps-2131	101	9	can	can	AUX
escjerps-2131	101	10	deduce	deduce	VERB
escjerps-2131	101	11	that	that	SCONJ
escjerps-2131	101	12	the	the	DET
escjerps-2131	101	13	firms	firm	NOUN
escjerps-2131	101	14	reported	report	VERB
escjerps-2131	101	15	its	its	PRON
escjerps-2131	101	16	highest	high	ADJ
escjerps-2131	101	17	profit	profit	NOUN
escjerps-2131	101	18	after	after	ADP
escjerps-2131	101	19	tax	tax	NOUN
escjerps-2131	101	20	in	in	ADP
escjerps-2131	101	21	2019	2019	NUM
escjerps-2131	101	22	and	and	CCONJ
escjerps-2131	101	23	lowest	low	ADJ
escjerps-2131	101	24	profit	profit	NOUN
escjerps-2131	101	25	(	(	PUNCT
escjerps-2131	101	26	negative	negative	ADJ
escjerps-2131	101	27	figure	figure	NOUN
escjerps-2131	101	28	)	)	PUNCT
escjerps-2131	101	29	in	in	ADP
escjerps-2131	101	30	2014	2014	NUM
escjerps-2131	101	31	.	.	PUNCT
escjerps-2131	102	1	the	the	DET
escjerps-2131	102	2	firms	firm	NOUN
escjerps-2131	102	3	reported	report	VERB
escjerps-2131	102	4	a	a	DET
escjerps-2131	102	5	negative	negative	ADJ
escjerps-2131	102	6	profit	profit	NOUN
escjerps-2131	102	7	between	between	ADP
escjerps-2131	102	8	the	the	DET
escjerps-2131	102	9	periods	period	NOUN
escjerps-2131	102	10	of	of	ADP
escjerps-2131	102	11	2015	2015	NUM
escjerps-2131	102	12	to	to	ADP
escjerps-2131	102	13	2014	2014	NUM
escjerps-2131	102	14	,	,	PUNCT
escjerps-2131	102	15	this	this	PRON
escjerps-2131	102	16	was	be	AUX
escjerps-2131	102	17	due	due	ADJ
escjerps-2131	102	18	the	the	DET
escjerps-2131	102	19	nosedived	nosedived	NOUN
escjerps-2131	102	20	of	of	ADP
escjerps-2131	102	21	oil	oil	NOUN
escjerps-2131	102	22	of	of	ADP
escjerps-2131	102	23	price	price	NOUN
escjerps-2131	102	24	,	,	PUNCT
escjerps-2131	102	25	output	output	NOUN
escjerps-2131	102	26	and	and	CCONJ
escjerps-2131	102	27	export	export	NOUN
escjerps-2131	102	28	between	between	ADP
escjerps-2131	102	29	the	the	DET
escjerps-2131	102	30	periods	period	NOUN
escjerps-2131	102	31	,	,	PUNCT
escjerps-2131	102	32	this	this	PRON
escjerps-2131	102	33	was	be	AUX
escjerps-2131	102	34	also	also	ADV
escjerps-2131	102	35	seconded	second	VERB
escjerps-2131	102	36	by	by	ADP
escjerps-2131	102	37	the	the	DET
escjerps-2131	102	38	graphical	graphical	ADJ
escjerps-2131	102	39	presentation	presentation	NOUN
escjerps-2131	102	40	in	in	ADP
escjerps-2131	102	41	the	the	DET
escjerps-2131	102	42	statement	statement	NOUN
escjerps-2131	102	43	of	of	ADP
escjerps-2131	102	44	the	the	DET
escjerps-2131	102	45	problem	problem	NOUN
escjerps-2131	102	46	of	of	ADP
escjerps-2131	102	47	the	the	DET
escjerps-2131	102	48	study	study	NOUN
escjerps-2131	102	49	in	in	ADP
escjerps-2131	102	50	chapter	chapter	NOUN
escjerps-2131	102	51	one	one	NUM
escjerps-2131	102	52	.	.	PUNCT
escjerps-2131	103	1	table	table	NOUN
escjerps-2131	103	2	one	one	NUM
escjerps-2131	103	3	above	above	ADV
escjerps-2131	103	4	showed	show	VERB
escjerps-2131	103	5	the	the	DET
escjerps-2131	103	6	combined	combine	VERB
escjerps-2131	103	7	computed	compute	VERB
escjerps-2131	103	8	non	non	ADJ
escjerps-2131	103	9	-	-	ADJ
escjerps-2131	103	10	current	current	ADJ
escjerps-2131	103	11	debt	debt	NOUN
escjerps-2131	103	12	for	for	ADP
escjerps-2131	103	13	the	the	DET
escjerps-2131	103	14	respective	respective	ADJ
escjerps-2131	103	15	eight	eight	NUM
escjerps-2131	103	16	firms	firm	NOUN
escjerps-2131	103	17	listed	list	VERB
escjerps-2131	103	18	on	on	ADP
escjerps-2131	103	19	the	the	DET
escjerps-2131	103	20	oil	oil	NOUN
escjerps-2131	103	21	and	and	CCONJ
escjerps-2131	103	22	gas	gas	NOUN
escjerps-2131	103	23	sector	sector	NOUN
escjerps-2131	103	24	of	of	ADP
escjerps-2131	103	25	nigeria	nigeria	PROPN
escjerps-2131	103	26	exchange	exchange	PROPN
escjerps-2131	103	27	group	group	NOUN
escjerps-2131	103	28	from	from	ADP
escjerps-2131	103	29	2020	2020	NUM
escjerps-2131	103	30	to	to	ADP
escjerps-2131	103	31	2013	2013	NUM
escjerps-2131	103	32	which	which	PRON
escjerps-2131	103	33	are	be	AUX
escjerps-2131	103	34	:	:	PUNCT
escjerps-2131	103	35	368,591,275	368,591,275	NUM
escjerps-2131	103	36	,	,	PUNCT
escjerps-2131	103	37	154,474,348	154,474,348	NUM
escjerps-2131	103	38	,	,	PUNCT
escjerps-2131	103	39	183,092,046	183,092,046	NUM
escjerps-2131	103	40	,	,	PUNCT
escjerps-2131	103	41	436,620,865	436,620,865	NUM
escjerps-2131	103	42	,	,	PUNCT
escjerps-2131	103	43	326,481,498	326,481,498	NUM
escjerps-2131	103	44	,	,	PUNCT
escjerps-2131	103	45	383,871,063	383,871,063	NUM
escjerps-2131	103	46	,	,	PUNCT
escjerps-2131	103	47	123,433,633	123,433,633	NUM
escjerps-2131	103	48	and	and	CCONJ
escjerps-2131	103	49	143,718,810	143,718,810	NUM
escjerps-2131	103	50	all	all	DET
escjerps-2131	103	51	values	value	NOUN
escjerps-2131	103	52	are	be	AUX
escjerps-2131	103	53	in	in	ADP
escjerps-2131	103	54	thousands	thousand	NOUN
escjerps-2131	103	55	of	of	ADP
escjerps-2131	103	56	naira	naira	NUM
escjerps-2131	103	57	respectively	respectively	ADV
escjerps-2131	103	58	.	.	PUNCT
escjerps-2131	104	1	the	the	DET
escjerps-2131	104	2	values	value	NOUN
escjerps-2131	104	3	presented	present	VERB
escjerps-2131	104	4	depicted	depict	VERB
escjerps-2131	104	5	that	that	SCONJ
escjerps-2131	104	6	the	the	DET
escjerps-2131	104	7	firms	firm	NOUN
escjerps-2131	104	8	highest	high	ADJ
escjerps-2131	104	9	non	non	ADJ
escjerps-2131	104	10	-	-	ADJ
escjerps-2131	104	11	current	current	ADJ
escjerps-2131	104	12	debt	debt	NOUN
escjerps-2131	104	13	was	be	AUX
escjerps-2131	104	14	reported	report	VERB
escjerps-2131	104	15	in	in	ADP
escjerps-2131	104	16	2017	2017	NUM
escjerps-2131	104	17	(	(	PUNCT
escjerps-2131	104	18	n436,620,865,000	n436,620,865,000	PROPN
escjerps-2131	104	19	)	)	PUNCT
escjerps-2131	104	20	while	while	SCONJ
escjerps-2131	104	21	its	its	PRON
escjerps-2131	104	22	lowest	low	ADJ
escjerps-2131	104	23	values	value	NOUN
escjerps-2131	104	24	was	be	AUX
escjerps-2131	104	25	reported	report	VERB
escjerps-2131	104	26	in	in	ADP
escjerps-2131	104	27	2014	2014	NUM
escjerps-2131	104	28	(	(	PUNCT
escjerps-2131	104	29	n123,433,633,000	n123,433,633,000	PROPN
escjerps-2131	104	30	)	)	PUNCT
escjerps-2131	104	31	.	.	PUNCT
escjerps-2131	105	1	table	table	NOUN
escjerps-2131	105	2	one	one	NUM
escjerps-2131	105	3	above	above	ADV
escjerps-2131	105	4	showed	show	VERB
escjerps-2131	105	5	the	the	DET
escjerps-2131	105	6	combined	combine	VERB
escjerps-2131	105	7	computed	compute	VERB
escjerps-2131	105	8	capital	capital	NOUN
escjerps-2131	105	9	employed	employ	VERB
escjerps-2131	105	10	for	for	ADP
escjerps-2131	105	11	the	the	DET
escjerps-2131	105	12	respective	respective	ADJ
escjerps-2131	105	13	eight	eight	NUM
escjerps-2131	105	14	firms	firm	NOUN
escjerps-2131	105	15	listed	list	VERB
escjerps-2131	105	16	on	on	ADP
escjerps-2131	105	17	the	the	DET
escjerps-2131	105	18	oil	oil	NOUN
escjerps-2131	105	19	and	and	CCONJ
escjerps-2131	105	20	gas	gas	NOUN
escjerps-2131	105	21	sector	sector	NOUN
escjerps-2131	105	22	of	of	ADP
escjerps-2131	105	23	nigeria	nigeria	PROPN
escjerps-2131	105	24	exchange	exchange	PROPN
escjerps-2131	105	25	group	group	NOUN
escjerps-2131	105	26	from	from	ADP
escjerps-2131	105	27	2020	2020	NUM
escjerps-2131	105	28	to	to	ADP
escjerps-2131	105	29	2013	2013	NUM
escjerps-2131	105	30	which	which	PRON
escjerps-2131	105	31	are	be	AUX
escjerps-2131	105	32	:	:	PUNCT
escjerps-2131	105	33	1,016,586,260	1,016,586,260	NUM
escjerps-2131	105	34	,	,	PUNCT
escjerps-2131	105	35	340,062,946	340,062,946	NUM
escjerps-2131	105	36	,	,	PUNCT
escjerps-2131	105	37	457,821,954	457,821,954	NUM
escjerps-2131	105	38	,	,	PUNCT
escjerps-2131	105	39	899,496,973	899,496,973	NUM
escjerps-2131	105	40	,	,	PUNCT
escjerps-2131	105	41	656,614,635	656,614,635	NUM
escjerps-2131	105	42	,	,	PUNCT
escjerps-2131	105	43	704,832,672	704,832,672	NUM
escjerps-2131	105	44	,	,	PUNCT
escjerps-2131	105	45	502,591,605	502,591,605	NUM
escjerps-2131	105	46	and	and	CCONJ
escjerps-2131	105	47	415,381,528	415,381,528	NUM
escjerps-2131	105	48	all	all	DET
escjerps-2131	105	49	values	value	NOUN
escjerps-2131	105	50	are	be	AUX
escjerps-2131	105	51	in	in	ADP
escjerps-2131	105	52	thousands	thousand	NOUN
escjerps-2131	105	53	of	of	ADP
escjerps-2131	105	54	naira	naira	NUM
escjerps-2131	105	55	respectively	respectively	ADV
escjerps-2131	105	56	.	.	PUNCT
escjerps-2131	106	1	from	from	ADP
escjerps-2131	106	2	the	the	DET
escjerps-2131	106	3	reported	report	VERB
escjerps-2131	106	4	profit	profit	NOUN
escjerps-2131	106	5	calculated	calculate	VERB
escjerps-2131	106	6	above	above	ADV
escjerps-2131	106	7	,	,	PUNCT
escjerps-2131	106	8	we	we	PRON
escjerps-2131	106	9	can	can	AUX
escjerps-2131	106	10	deduce	deduce	VERB
escjerps-2131	106	11	that	that	SCONJ
escjerps-2131	106	12	the	the	DET
escjerps-2131	106	13	firms	firm	NOUN
escjerps-2131	106	14	reported	report	VERB
escjerps-2131	106	15	its	its	PRON
escjerps-2131	106	16	highest	high	ADJ
escjerps-2131	106	17	capital	capital	NOUN
escjerps-2131	106	18	employed	employ	VERB
escjerps-2131	106	19	in	in	ADP
escjerps-2131	106	20	2020	2020	NUM
escjerps-2131	106	21	(	(	PUNCT
escjerps-2131	106	22	1,016,586,260,000	1,016,586,260,000	NUM
escjerps-2131	106	23	)	)	PUNCT
escjerps-2131	106	24	while	while	SCONJ
escjerps-2131	106	25	its	its	PRON
escjerps-2131	106	26	lowest	low	ADJ
escjerps-2131	106	27	values	value	NOUN
escjerps-2131	106	28	was	be	AUX
escjerps-2131	106	29	reported	report	VERB
escjerps-2131	106	30	in	in	ADP
escjerps-2131	106	31	2019	2019	NUM
escjerps-2131	106	32	(	(	PUNCT
escjerps-2131	106	33	340,062,946,000	340,062,946,000	NUM
escjerps-2131	106	34	)	)	PUNCT
escjerps-2131	106	35	.	.	PUNCT
escjerps-2131	107	1	table	table	NOUN
escjerps-2131	107	2	one	one	NUM
escjerps-2131	107	3	above	above	ADV
escjerps-2131	107	4	showed	show	VERB
escjerps-2131	107	5	the	the	DET
escjerps-2131	107	6	combined	combine	VERB
escjerps-2131	107	7	computed	compute	VERB
escjerps-2131	107	8	equity	equity	NOUN
escjerps-2131	107	9	for	for	ADP
escjerps-2131	107	10	the	the	DET
escjerps-2131	107	11	respective	respective	ADJ
escjerps-2131	107	12	eight	eight	NUM
escjerps-2131	107	13	firms	firm	NOUN
escjerps-2131	107	14	listed	list	VERB
escjerps-2131	107	15	on	on	ADP
escjerps-2131	107	16	the	the	DET
escjerps-2131	107	17	oil	oil	NOUN
escjerps-2131	107	18	and	and	CCONJ
escjerps-2131	107	19	gas	gas	NOUN
escjerps-2131	107	20	sector	sector	NOUN
escjerps-2131	107	21	of	of	ADP
escjerps-2131	107	22	nigeria	nigeria	PROPN
escjerps-2131	107	23	exchange	exchange	PROPN
escjerps-2131	107	24	group	group	NOUN
escjerps-2131	107	25	from	from	ADP
escjerps-2131	107	26	2020	2020	NUM
escjerps-2131	107	27	to	to	ADP
escjerps-2131	107	28	2013	2013	NUM
escjerps-2131	107	29	which	which	PRON
escjerps-2131	107	30	are	be	AUX
escjerps-2131	107	31	:	:	PUNCT
escjerps-2131	107	32	n647,994,985	n647,994,985	NUM
escjerps-2131	107	33	,	,	PUNCT
escjerps-2131	107	34	n185,588,598	n185,588,598	PROPN
escjerps-2131	107	35	,	,	PUNCT
escjerps-2131	107	36	n274,729,908	n274,729,908	NOUN
escjerps-2131	107	37	,	,	PUNCT
escjerps-2131	107	38	n462,876,108	n462,876,108	NOUN
escjerps-2131	107	39	,	,	PUNCT
escjerps-2131	107	40	n330,133,137	n330,133,137	PROPN
escjerps-2131	107	41	,	,	PUNCT
escjerps-2131	107	42	n320,961,609	n320,961,609	NOUN
escjerps-2131	107	43	,	,	PUNCT
escjerps-2131	107	44	n379,157,972	n379,157,972	PROPN
escjerps-2131	107	45	and	and	CCONJ
escjerps-2131	107	46	n271,662,718	n271,662,718	PROPN
escjerps-2131	107	47	all	all	DET
escjerps-2131	107	48	values	value	NOUN
escjerps-2131	107	49	are	be	AUX
escjerps-2131	107	50	in	in	ADP
escjerps-2131	107	51	thousands	thousand	NOUN
escjerps-2131	107	52	of	of	ADP
escjerps-2131	107	53	naira	naira	NUM
escjerps-2131	107	54	187	187	NUM
escjerps-2131	108	1	|	|	ADV
escjerps-2131	108	2	p	p	NOUN
escjerps-2131	108	3	a	a	DET
escjerps-2131	108	4	g	g	NOUN
escjerps-2131	108	5	e	e	NOUN
escjerps-2131	108	6	respectively	respectively	ADV
escjerps-2131	108	7	.	.	PUNCT
escjerps-2131	109	1	from	from	ADP
escjerps-2131	109	2	the	the	DET
escjerps-2131	109	3	reported	report	VERB
escjerps-2131	109	4	profit	profit	NOUN
escjerps-2131	109	5	calculated	calculate	VERB
escjerps-2131	109	6	above	above	ADV
escjerps-2131	109	7	,	,	PUNCT
escjerps-2131	109	8	we	we	PRON
escjerps-2131	109	9	can	can	AUX
escjerps-2131	109	10	deduce	deduce	VERB
escjerps-2131	109	11	that	that	SCONJ
escjerps-2131	109	12	the	the	DET
escjerps-2131	109	13	firms	firm	NOUN
escjerps-2131	109	14	reported	report	VERB
escjerps-2131	109	15	its	its	PRON
escjerps-2131	109	16	highest	high	ADJ
escjerps-2131	109	17	capital	capital	NOUN
escjerps-2131	109	18	employed	employ	VERB
escjerps-2131	109	19	in	in	ADP
escjerps-2131	109	20	2020	2020	NUM
escjerps-2131	109	21	(	(	PUNCT
escjerps-2131	109	22	647,994,985,000	647,994,985,000	NUM
escjerps-2131	109	23	)	)	PUNCT
escjerps-2131	109	24	while	while	SCONJ
escjerps-2131	109	25	its	its	PRON
escjerps-2131	109	26	lowest	low	ADJ
escjerps-2131	109	27	values	value	NOUN
escjerps-2131	109	28	was	be	AUX
escjerps-2131	109	29	reported	report	VERB
escjerps-2131	109	30	in	in	ADP
escjerps-2131	109	31	2019	2019	NUM
escjerps-2131	109	32	(	(	PUNCT
escjerps-2131	109	33	185,588,598,000	185,588,598,000	NUM
escjerps-2131	109	34	)	)	PUNCT
escjerps-2131	109	35	.	.	PUNCT
escjerps-2131	110	1	operationalizing	operationalize	VERB
escjerps-2131	110	2	ratios	ratio	NOUN
escjerps-2131	110	3	(	(	PUNCT
escjerps-2131	110	4	tabletwo	tabletwo	NUM
escjerps-2131	110	5	)	)	PUNCT
escjerps-2131	110	6	year	year	NOUN
escjerps-2131	110	7	roe	roe	PROPN
escjerps-2131	110	8	ecr	ecr	VERB
escjerps-2131	110	9	der	der	NOUN
escjerps-2131	110	10	2020	2020	NUM
escjerps-2131	110	11	0.1116	0.1116	NUM
escjerps-2131	110	12	0.6374	0.6374	NUM
escjerps-2131	110	13	0.5688	0.5688	NUM
escjerps-2131	110	14	2019	2019	NUM
escjerps-2131	110	15	0.2332	0.2332	NUM
escjerps-2131	110	16	0.5457	0.5457	NUM
escjerps-2131	110	17	0.8323	0.8323	NUM
escjerps-2131	110	18	2018	2018	NUM
escjerps-2131	110	19	0.1163	0.1163	NUM
escjerps-2131	110	20	0.6001	0.6001	NUM
escjerps-2131	110	21	0.6664	0.6664	NUM
escjerps-2131	110	22	2017	2017	NUM
escjerps-2131	110	23	0.0291	0.0291	NUM
escjerps-2131	110	24	0.5146	0.5146	NUM
escjerps-2131	110	25	0.9433	0.9433	NUM
escjerps-2131	110	26	2016	2016	NUM
escjerps-2131	110	27	-0.1076	-0.1076	ADV
escjerps-2131	110	28	0.5028	0.5028	NUM
escjerps-2131	110	29	0.9889	0.9889	NUM
escjerps-2131	110	30	2015	2015	NUM
escjerps-2131	110	31	-0.3831	-0.3831	NOUN
escjerps-2131	110	32	0.4554	0.4554	NUM
escjerps-2131	110	33	1.1960	1.1960	NUM
escjerps-2131	110	34	2014	2014	NUM
escjerps-2131	110	35	0.0739	0.0739	NUM
escjerps-2131	110	36	0.7544	0.7544	NUM
escjerps-2131	110	37	0.3255	0.3255	NUM
escjerps-2131	110	38	2013	2013	NUM
escjerps-2131	111	1	0.0363	0.0363	NUM
escjerps-2131	111	2	0.6540	0.6540	NUM
escjerps-2131	111	3	0.5290	0.5290	NUM
escjerps-2131	111	4	source	source	NOUN
escjerps-2131	111	5	:	:	PUNCT
escjerps-2131	111	6	author	author	NOUN
escjerps-2131	111	7	’s	’s	PART
escjerps-2131	111	8	computations	computation	NOUN
escjerps-2131	111	9	,	,	PUNCT
escjerps-2131	111	10	from	from	ADP
escjerps-2131	111	11	companies	company	NOUN
escjerps-2131	111	12	’	’	PART
escjerps-2131	111	13	financialstatements	financialstatement	NOUN
escjerps-2131	111	14	.	.	PUNCT
escjerps-2131	112	1	table	table	NOUN
escjerps-2131	112	2	two	two	NUM
escjerps-2131	112	3	above	above	ADV
escjerps-2131	112	4	showed	show	VERB
escjerps-2131	112	5	the	the	DET
escjerps-2131	112	6	computed	computed	ADJ
escjerps-2131	112	7	return	return	NOUN
escjerps-2131	112	8	on	on	ADP
escjerps-2131	112	9	equity	equity	NOUN
escjerps-2131	112	10	ratio	ratio	NOUN
escjerps-2131	112	11	(	(	PUNCT
escjerps-2131	112	12	roe	roe	NOUN
escjerps-2131	112	13	)	)	PUNCT
escjerps-2131	112	14	for	for	ADP
escjerps-2131	112	15	the	the	DET
escjerps-2131	112	16	respective	respective	ADJ
escjerps-2131	112	17	eight	eight	NUM
escjerps-2131	112	18	firms	firm	NOUN
escjerps-2131	112	19	listed	list	VERB
escjerps-2131	112	20	on	on	ADP
escjerps-2131	112	21	the	the	DET
escjerps-2131	112	22	oil	oil	NOUN
escjerps-2131	112	23	and	and	CCONJ
escjerps-2131	112	24	gas	gas	NOUN
escjerps-2131	112	25	sector	sector	NOUN
escjerps-2131	112	26	of	of	ADP
escjerps-2131	112	27	nigeria	nigeria	PROPN
escjerps-2131	112	28	exchange	exchange	PROPN
escjerps-2131	112	29	group	group	NOUN
escjerps-2131	112	30	from	from	ADP
escjerps-2131	112	31	2020	2020	NUM
escjerps-2131	112	32	to	to	ADP
escjerps-2131	112	33	2013	2013	NUM
escjerps-2131	112	34	which	which	PRON
escjerps-2131	112	35	are	be	AUX
escjerps-2131	112	36	:	:	PUNCT
escjerps-2131	112	37	0.1116	0.1116	NUM
escjerps-2131	112	38	,	,	PUNCT
escjerps-2131	112	39	0.2332	0.2332	NUM
escjerps-2131	112	40	,	,	PUNCT
escjerps-2131	112	41	0.1163	0.1163	NUM
escjerps-2131	112	42	,	,	PUNCT
escjerps-2131	112	43	0.0291	0.0291	NUM
escjerps-2131	112	44	,	,	PUNCT
escjerps-2131	112	45	-0.1076	-0.1076	ADJ
escjerps-2131	112	46	,	,	PUNCT
escjerps-2131	112	47	-0.3831	-0.3831	PROPN
escjerps-2131	112	48	,	,	PUNCT
escjerps-2131	112	49	0.0739	0.0739	NUM
escjerps-2131	112	50	and	and	CCONJ
escjerps-2131	112	51	0.0363	0.0363	NUM
escjerps-2131	112	52	respectively	respectively	ADV
escjerps-2131	112	53	,	,	PUNCT
escjerps-2131	112	54	the	the	DET
escjerps-2131	112	55	presented	present	VERB
escjerps-2131	112	56	also	also	ADV
escjerps-2131	112	57	depicted	depict	VERB
escjerps-2131	112	58	that	that	SCONJ
escjerps-2131	112	59	the	the	DET
escjerps-2131	112	60	return	return	NOUN
escjerps-2131	112	61	on	on	ADP
escjerps-2131	112	62	equity	equity	NOUN
escjerps-2131	112	63	has	have	VERB
escjerps-2131	112	64	a	a	DET
escjerps-2131	112	65	negative	negative	ADJ
escjerps-2131	112	66	ratios	ratio	NOUN
escjerps-2131	112	67	in	in	ADP
escjerps-2131	112	68	2015	2015	NUM
escjerps-2131	112	69	and	and	CCONJ
escjerps-2131	112	70	2014	2014	NUM
escjerps-2131	112	71	,	,	PUNCT
escjerps-2131	112	72	this	this	PRON
escjerps-2131	112	73	was	be	AUX
escjerps-2131	112	74	as	as	ADP
escjerps-2131	112	75	a	a	DET
escjerps-2131	112	76	result	result	NOUN
escjerps-2131	112	77	of	of	ADP
escjerps-2131	112	78	the	the	DET
escjerps-2131	112	79	negative	negative	ADJ
escjerps-2131	112	80	profit	profit	NOUN
escjerps-2131	112	81	(	(	PUNCT
escjerps-2131	112	82	-35,522,432,000	-35,522,432,000	NUM
escjerps-2131	112	83	and	and	CCONJ
escjerps-2131	112	84	122,954,507,000	122,954,507,000	NUM
escjerps-2131	112	85	)	)	PUNCT
escjerps-2131	112	86	reported	report	VERB
escjerps-2131	112	87	in	in	ADP
escjerps-2131	112	88	the	the	DET
escjerps-2131	112	89	two	two	NUM
escjerps-2131	112	90	periods	period	NOUN
escjerps-2131	112	91	respectively	respectively	ADV
escjerps-2131	112	92	,	,	PUNCT
escjerps-2131	112	93	which	which	PRON
escjerps-2131	112	94	is	be	AUX
escjerps-2131	112	95	also	also	ADV
escjerps-2131	112	96	as	as	ADP
escjerps-2131	112	97	the	the	DET
escjerps-2131	112	98	result	result	NOUN
escjerps-2131	112	99	of	of	ADP
escjerps-2131	112	100	the	the	DET
escjerps-2131	112	101	nosedived	nosedived	NOUN
escjerps-2131	112	102	of	of	ADP
escjerps-2131	112	103	the	the	DET
escjerps-2131	112	104	oil	oil	NOUN
escjerps-2131	112	105	price	price	NOUN
escjerps-2131	112	106	,	,	PUNCT
escjerps-2131	112	107	production	production	NOUN
escjerps-2131	112	108	and	and	CCONJ
escjerps-2131	112	109	export	export	NOUN
escjerps-2131	112	110	.	.	PUNCT
escjerps-2131	113	1	from	from	ADP
escjerps-2131	113	2	the	the	DET
escjerps-2131	113	3	above	above	ADJ
escjerps-2131	113	4	(	(	PUNCT
escjerps-2131	113	5	table	table	NOUN
escjerps-2131	113	6	two	two	NUM
escjerps-2131	113	7	)	)	PUNCT
escjerps-2131	113	8	we	we	PRON
escjerps-2131	113	9	can	can	AUX
escjerps-2131	113	10	deduce	deduce	VERB
escjerps-2131	113	11	that	that	SCONJ
escjerps-2131	113	12	the	the	DET
escjerps-2131	113	13	firms	firm	NOUN
escjerps-2131	113	14	has	have	VERB
escjerps-2131	113	15	its	its	PRON
escjerps-2131	113	16	highest	high	ADJ
escjerps-2131	113	17	returns	return	NOUN
escjerps-2131	113	18	on	on	ADP
escjerps-2131	113	19	equity	equity	NOUN
escjerps-2131	113	20	in	in	ADP
escjerps-2131	113	21	2019	2019	NUM
escjerps-2131	113	22	(	(	PUNCT
escjerps-2131	113	23	0.2332	0.2332	NUM
escjerps-2131	113	24	)	)	PUNCT
escjerps-2131	113	25	while	while	SCONJ
escjerps-2131	113	26	its	its	PRON
escjerps-2131	113	27	lowest	low	ADJ
escjerps-2131	113	28	return	return	NOUN
escjerps-2131	113	29	on	on	ADP
escjerps-2131	113	30	equity	equity	NOUN
escjerps-2131	113	31	ratio	ratio	NOUN
escjerps-2131	113	32	was	be	AUX
escjerps-2131	113	33	in	in	ADP
escjerps-2131	113	34	2015(-0.3831	2015(-0.3831	NUM
escjerps-2131	113	35	)	)	PUNCT
escjerps-2131	113	36	.	.	PUNCT
escjerps-2131	114	1	table	table	NOUN
escjerps-2131	114	2	two	two	NUM
escjerps-2131	114	3	above	above	ADV
escjerps-2131	114	4	showed	show	VERB
escjerps-2131	114	5	the	the	DET
escjerps-2131	114	6	computed	computed	ADJ
escjerps-2131	114	7	equity	equity	NOUN
escjerps-2131	114	8	to	to	ADP
escjerps-2131	114	9	capital	capital	NOUN
escjerps-2131	114	10	employed	employ	VERB
escjerps-2131	114	11	ratio	ratio	NOUN
escjerps-2131	114	12	(	(	PUNCT
escjerps-2131	114	13	ecr	ecr	PROPN
escjerps-2131	114	14	)	)	PUNCT
escjerps-2131	114	15	for	for	ADP
escjerps-2131	114	16	the	the	DET
escjerps-2131	114	17	respective	respective	ADJ
escjerps-2131	114	18	eight	eight	NUM
escjerps-2131	114	19	firms	firm	NOUN
escjerps-2131	114	20	listed	list	VERB
escjerps-2131	114	21	on	on	ADP
escjerps-2131	114	22	the	the	DET
escjerps-2131	114	23	oil	oil	NOUN
escjerps-2131	114	24	and	and	CCONJ
escjerps-2131	114	25	gas	gas	NOUN
escjerps-2131	114	26	sector	sector	NOUN
escjerps-2131	114	27	of	of	ADP
escjerps-2131	114	28	nigeria	nigeria	PROPN
escjerps-2131	114	29	exchange	exchange	PROPN
escjerps-2131	114	30	group	group	NOUN
escjerps-2131	114	31	from	from	ADP
escjerps-2131	114	32	2019	2019	NUM
escjerps-2131	114	33	to	to	ADP
escjerps-2131	114	34	2012	2012	NUM
escjerps-2131	114	35	which	which	PRON
escjerps-2131	114	36	are	be	AUX
escjerps-2131	114	37	:	:	PUNCT
escjerps-2131	114	38	0.6374	0.6374	NUM
escjerps-2131	114	39	,	,	PUNCT
escjerps-2131	114	40	0.5457	0.5457	NUM
escjerps-2131	114	41	,	,	PUNCT
escjerps-2131	114	42	0.6001	0.6001	NUM
escjerps-2131	114	43	,	,	PUNCT
escjerps-2131	114	44	0.5146	0.5146	NUM
escjerps-2131	114	45	,	,	PUNCT
escjerps-2131	114	46	0.5028	0.5028	NUM
escjerps-2131	114	47	,	,	PUNCT
escjerps-2131	114	48	0.4554	0.4554	NUM
escjerps-2131	114	49	,	,	PUNCT
escjerps-2131	114	50	0.7544	0.7544	NUM
escjerps-2131	114	51	and	and	CCONJ
escjerps-2131	114	52	0.6540	0.6540	NUM
escjerps-2131	114	53	respectively	respectively	ADV
escjerps-2131	114	54	,	,	PUNCT
escjerps-2131	114	55	from	from	ADP
escjerps-2131	114	56	the	the	DET
escjerps-2131	114	57	calculated	calculate	VERB
escjerps-2131	114	58	ecr	ecr	PROPN
escjerps-2131	114	59	above	above	ADV
escjerps-2131	114	60	(	(	PUNCT
escjerps-2131	114	61	table	table	NOUN
escjerps-2131	114	62	two	two	NUM
escjerps-2131	114	63	)	)	PUNCT
escjerps-2131	114	64	showed	show	VERB
escjerps-2131	114	65	that	that	SCONJ
escjerps-2131	114	66	the	the	DET
escjerps-2131	114	67	firms	firm	NOUN
escjerps-2131	114	68	has	have	VERB
escjerps-2131	114	69	its	its	PRON
escjerps-2131	114	70	highest	high	ADJ
escjerps-2131	114	71	ratio	ratio	NOUN
escjerps-2131	114	72	in	in	ADP
escjerps-2131	114	73	2014	2014	NUM
escjerps-2131	114	74	(	(	PUNCT
escjerps-2131	114	75	0.7544	0.7544	NUM
escjerps-2131	114	76	)	)	PUNCT
escjerps-2131	114	77	which	which	PRON
escjerps-2131	114	78	is	be	AUX
escjerps-2131	114	79	the	the	DET
escjerps-2131	114	80	prior	prior	ADJ
escjerps-2131	114	81	the	the	DET
escjerps-2131	114	82	nosedived	nosedived	NOUN
escjerps-2131	114	83	of	of	ADP
escjerps-2131	114	84	oil	oil	NOUN
escjerps-2131	114	85	price	price	NOUN
escjerps-2131	114	86	,	,	PUNCT
escjerps-2131	114	87	production	production	NOUN
escjerps-2131	114	88	and	and	CCONJ
escjerps-2131	114	89	export	export	NOUN
escjerps-2131	114	90	of	of	ADP
escjerps-2131	114	91	oil	oil	NOUN
escjerps-2131	114	92	,	,	PUNCT
escjerps-2131	114	93	while	while	SCONJ
escjerps-2131	114	94	its	its	PRON
escjerps-2131	114	95	lowest	low	ADJ
escjerps-2131	114	96	ecr	ecr	PROPN
escjerps-2131	114	97	was	be	AUX
escjerps-2131	114	98	in	in	ADP
escjerps-2131	114	99	2015	2015	NUM
escjerps-2131	114	100	(	(	PUNCT
escjerps-2131	114	101	0.4554	0.4554	NUM
escjerps-2131	114	102	)	)	PUNCT
escjerps-2131	114	103	which	which	PRON
escjerps-2131	114	104	in	in	ADP
escjerps-2131	114	105	the	the	DET
escjerps-2131	114	106	period	period	NOUN
escjerps-2131	114	107	oil	oil	NOUN
escjerps-2131	114	108	price	price	NOUN
escjerps-2131	114	109	,	,	PUNCT
escjerps-2131	114	110	oil	oil	NOUN
escjerps-2131	114	111	production	production	NOUN
escjerps-2131	114	112	and	and	CCONJ
escjerps-2131	114	113	exportnosedived	exportnosedive	VERB
escjerps-2131	114	114	.	.	PUNCT
escjerps-2131	115	1	table	table	NOUN
escjerps-2131	115	2	two	two	NUM
escjerps-2131	115	3	above	above	ADV
escjerps-2131	115	4	showed	show	VERB
escjerps-2131	115	5	the	the	DET
escjerps-2131	115	6	computed	computed	ADJ
escjerps-2131	115	7	debt	debt	NOUN
escjerps-2131	115	8	to	to	ADP
escjerps-2131	115	9	equity	equity	NOUN
escjerps-2131	115	10	ratio	ratio	NOUN
escjerps-2131	115	11	(	(	PUNCT
escjerps-2131	115	12	der	der	NOUN
escjerps-2131	115	13	)	)	PUNCT
escjerps-2131	115	14	for	for	ADP
escjerps-2131	115	15	the	the	DET
escjerps-2131	115	16	respective	respective	ADJ
escjerps-2131	115	17	eight	eight	NUM
escjerps-2131	115	18	firms	firm	NOUN
escjerps-2131	115	19	listed	list	VERB
escjerps-2131	115	20	on	on	ADP
escjerps-2131	115	21	the	the	DET
escjerps-2131	115	22	oil	oil	NOUN
escjerps-2131	115	23	and	and	CCONJ
escjerps-2131	115	24	gas	gas	NOUN
escjerps-2131	115	25	sector	sector	NOUN
escjerps-2131	115	26	of	of	ADP
escjerps-2131	115	27	nigeria	nigeria	PROPN
escjerps-2131	115	28	exchange	exchange	PROPN
escjerps-2131	115	29	group	group	NOUN
escjerps-2131	115	30	from	from	ADP
escjerps-2131	115	31	2020	2020	NUM
escjerps-2131	115	32	to	to	ADP
escjerps-2131	115	33	2013	2013	NUM
escjerps-2131	115	34	which	which	PRON
escjerps-2131	115	35	are	be	AUX
escjerps-2131	115	36	:	:	PUNCT
escjerps-2131	115	37	0.5688	0.5688	NUM
escjerps-2131	115	38	,	,	PUNCT
escjerps-2131	115	39	0.8323	0.8323	NUM
escjerps-2131	115	40	,	,	PUNCT
escjerps-2131	115	41	0.6664	0.6664	NUM
escjerps-2131	115	42	,	,	PUNCT
escjerps-2131	115	43	0.9433	0.9433	NUM
escjerps-2131	115	44	,	,	PUNCT
escjerps-2131	115	45	0.9889	0.9889	NUM
escjerps-2131	115	46	,	,	PUNCT
escjerps-2131	115	47	1.1960	1.1960	NUM
escjerps-2131	115	48	,	,	PUNCT
escjerps-2131	115	49	0.3255	0.3255	NUM
escjerps-2131	115	50	and	and	CCONJ
escjerps-2131	115	51	0.5290	0.5290	NUM
escjerps-2131	115	52	respectively	respectively	ADV
escjerps-2131	115	53	,	,	PUNCT
escjerps-2131	115	54	from	from	ADP
escjerps-2131	115	55	the	the	DET
escjerps-2131	115	56	calculated	calculated	ADJ
escjerps-2131	115	57	der	der	NOUN
escjerps-2131	115	58	above	above	ADP
escjerps-2131	115	59	(	(	PUNCT
escjerps-2131	115	60	table	table	NOUN
escjerps-2131	115	61	two	two	NUM
escjerps-2131	115	62	)	)	PUNCT
escjerps-2131	115	63	showed	show	VERB
escjerps-2131	115	64	that	that	SCONJ
escjerps-2131	115	65	the	the	DET
escjerps-2131	115	66	firms	firm	NOUN
escjerps-2131	115	67	has	have	VERB
escjerps-2131	115	68	its	its	PRON
escjerps-2131	115	69	highest	high	ADJ
escjerps-2131	115	70	ratio	ratio	NOUN
escjerps-2131	115	71	in	in	ADP
escjerps-2131	115	72	2015	2015	NUM
escjerps-2131	115	73	(	(	PUNCT
escjerps-2131	115	74	1.1960	1.1960	NUM
escjerps-2131	115	75	)	)	PUNCT
escjerps-2131	115	76	this	this	PRON
escjerps-2131	115	77	may	may	AUX
escjerps-2131	115	78	likely	likely	ADV
escjerps-2131	115	79	be	be	AUX
escjerps-2131	115	80	as	as	ADP
escjerps-2131	115	81	a	a	DET
escjerps-2131	115	82	result	result	NOUN
escjerps-2131	115	83	of	of	ADP
escjerps-2131	115	84	the	the	DET
escjerps-2131	115	85	nosedived	nosedived	NOUN
escjerps-2131	115	86	of	of	ADP
escjerps-2131	115	87	oil	oil	NOUN
escjerps-2131	115	88	price	price	NOUN
escjerps-2131	115	89	,	,	PUNCT
escjerps-2131	115	90	188	188	NUM
escjerps-2131	115	91	|	|	ADV
escjerps-2131	115	92	p	p	NOUN
escjerps-2131	115	93	a	a	DET
escjerps-2131	115	94	g	g	NOUN
escjerps-2131	115	95	e	e	NOUN
escjerps-2131	115	96	production	production	NOUN
escjerps-2131	115	97	and	and	CCONJ
escjerps-2131	115	98	export	export	NOUN
escjerps-2131	115	99	,	,	PUNCT
escjerps-2131	115	100	therefore	therefore	ADV
escjerps-2131	115	101	more	more	ADJ
escjerps-2131	115	102	debt	debt	NOUN
escjerps-2131	115	103	was	be	AUX
escjerps-2131	115	104	obtained	obtain	VERB
escjerps-2131	115	105	by	by	ADP
escjerps-2131	115	106	them	they	PRON
escjerps-2131	115	107	to	to	PART
escjerps-2131	115	108	keep	keep	VERB
escjerps-2131	115	109	the	the	DET
escjerps-2131	115	110	firm	firm	NOUN
escjerps-2131	115	111	afloat	afloat	ADV
escjerps-2131	115	112	and	and	CCONJ
escjerps-2131	115	113	to	to	PART
escjerps-2131	115	114	meet	meet	VERB
escjerps-2131	115	115	up	up	ADP
escjerps-2131	115	116	with	with	ADP
escjerps-2131	115	117	other	other	ADJ
escjerps-2131	115	118	financial	financial	ADJ
escjerps-2131	115	119	obligations	obligation	NOUN
escjerps-2131	115	120	,	,	PUNCT
escjerps-2131	115	121	while	while	SCONJ
escjerps-2131	115	122	its	its	PRON
escjerps-2131	115	123	lowest	low	ADJ
escjerps-2131	115	124	der	der	NOUN
escjerps-2131	115	125	was	be	AUX
escjerps-2131	115	126	in	in	ADP
escjerps-2131	115	127	2014	2014	NUM
escjerps-2131	115	128	(	(	PUNCT
escjerps-2131	115	129	0.3255	0.3255	NUM
escjerps-2131	115	130	)	)	PUNCT
escjerps-2131	115	131	prior	prior	ADV
escjerps-2131	115	132	the	the	DET
escjerps-2131	115	133	nosedived	nosedived	NOUN
escjerps-2131	115	134	of	of	ADP
escjerps-2131	115	135	oil	oil	NOUN
escjerps-2131	115	136	price	price	NOUN
escjerps-2131	115	137	,	,	PUNCT
escjerps-2131	115	138	production	production	NOUN
escjerps-2131	115	139	and	and	CCONJ
escjerps-2131	115	140	export	export	NOUN
escjerps-2131	115	141	ofoil	ofoil	NOUN
escjerps-2131	115	142	.	.	PUNCT
escjerps-2131	116	1	descriptive	descriptive	ADJ
escjerps-2131	116	2	statistics	statistic	NOUN
escjerps-2131	116	3	(	(	PUNCT
escjerps-2131	116	4	tablethree	tablethree	NOUN
escjerps-2131	116	5	)	)	PUNCT
escjerps-2131	116	6	roe	roe	PROPN
escjerps-2131	116	7	ecr	ecr	AUX
escjerps-2131	116	8	der	der	NOUN
escjerps-2131	116	9	mean	mean	VERB
escjerps-2131	116	10	0.013712	0.013712	NUM
escjerps-2131	116	11	0.583050	0.583050	NUM
escjerps-2131	116	12	0.756275	0.756275	NUM
escjerps-2131	116	13	median	median	NOUN
escjerps-2131	116	14	0.055100	0.055100	NUM
escjerps-2131	116	15	0.572900	0.572900	NUM
escjerps-2131	116	16	0.749350	0.749350	NUM
escjerps-2131	116	17	maximum	maximum	ADJ
escjerps-2131	116	18	0.233200	0.233200	NUM
escjerps-2131	116	19	0.754400	0.754400	NUM
escjerps-2131	116	20	1.196000	1.196000	NUM
escjerps-2131	116	21	minimum	minimum	ADJ
escjerps-2131	116	22	-0.383100	-0.383100	NOUN
escjerps-2131	116	23	0.455400	0.455400	NUM
escjerps-2131	116	24	0.325500	0.325500	NUM
escjerps-2131	116	25	std.dev	std.dev	NUM
escjerps-2131	116	26	.	.	PUNCT
escjerps-2131	117	1	0.187017	0.187017	NUM
escjerps-2131	117	2	0.097434	0.097434	NUM
escjerps-2131	117	3	0.285025	0.285025	NUM
escjerps-2131	117	4	skewness	skewness	NOUN
escjerps-2131	117	5	-1.201105	-1.201105	NOUN
escjerps-2131	117	6	0.426632	0.426632	NUM
escjerps-2131	117	7	0.036945	0.036945	NUM
escjerps-2131	117	8	kurtosis	kurtosis	VERB
escjerps-2131	117	9	3.676599	3.676599	NUM
escjerps-2131	117	10	2.222903	2.222903	NUM
escjerps-2131	117	11	1.978437	1.978437	NUM
escjerps-2131	117	12	jarque	jarque	NOUN
escjerps-2131	117	13	-	-	PUNCT
escjerps-2131	117	14	bera	bera	NOUN
escjerps-2131	117	15	2.076131	2.076131	NUM
escjerps-2131	117	16	0.443979	0.443979	NUM
escjerps-2131	117	17	0.349684	0.349684	NUM
escjerps-2131	117	18	probability	probability	NOUN
escjerps-2131	118	1	0.354139	0.354139	NUM
escjerps-2131	118	2	0.800924	0.800924	NUM
escjerps-2131	118	3	0.839590	0.839590	NUM
escjerps-2131	118	4	sum	sum	NOUN
escjerps-2131	118	5	0.109700	0.109700	NUM
escjerps-2131	118	6	4.664400	4.664400	NUM
escjerps-2131	118	7	6.050200	6.050200	NUM
escjerps-2131	118	8	sum	sum	NOUN
escjerps-2131	118	9	sq.dev	sq.dev	PROPN
escjerps-2131	118	10	.	.	PUNCT
escjerps-2131	119	1	0.244827	0.244827	NUM
escjerps-2131	119	2	0.066454	0.066454	NUM
escjerps-2131	119	3	0.568676	0.568676	NUM
escjerps-2131	119	4	observations	observation	NOUN
escjerps-2131	119	5	8	8	NUM
escjerps-2131	119	6	8	8	NUM
escjerps-2131	119	7	8	8	NUM
escjerps-2131	119	8	source	source	NOUN
escjerps-2131	119	9	:	:	PUNCT
escjerps-2131	119	10	author	author	NOUN
escjerps-2131	119	11	’s	’s	PART
escjerps-2131	119	12	computations	computation	NOUN
escjerps-2131	119	13	,	,	PUNCT
escjerps-2131	119	14	e	e	NOUN
escjerps-2131	119	15	-	-	NOUN
escjerps-2131	119	16	view9.0	view9.0	NOUN
escjerps-2131	119	17	.	.	PUNCT
escjerps-2131	119	18	table	table	NOUN
escjerps-2131	119	19	three	three	NUM
escjerps-2131	119	20	above	above	ADV
escjerps-2131	119	21	showed	show	VERB
escjerps-2131	119	22	the	the	DET
escjerps-2131	119	23	summary	summary	NOUN
escjerps-2131	119	24	of	of	ADP
escjerps-2131	119	25	the	the	DET
escjerps-2131	119	26	descriptive	descriptive	ADJ
escjerps-2131	119	27	statistics	statistic	NOUN
escjerps-2131	119	28	of	of	ADP
escjerps-2131	119	29	the	the	DET
escjerps-2131	119	30	study	study	NOUN
escjerps-2131	119	31	variables	variable	VERB
escjerps-2131	119	32	.	.	PUNCT
escjerps-2131	120	1	the	the	DET
escjerps-2131	120	2	table	table	NOUN
escjerps-2131	120	3	showed	show	VERB
escjerps-2131	120	4	that	that	SCONJ
escjerps-2131	120	5	roe	roe	NOUN
escjerps-2131	120	6	(	(	PUNCT
escjerps-2131	120	7	dependent	dependent	ADJ
escjerps-2131	120	8	variable	variable	NOUN
escjerps-2131	120	9	)	)	PUNCT
escjerps-2131	120	10	,	,	PUNCT
escjerps-2131	120	11	ecr	ecr	PROPN
escjerps-2131	120	12	(	(	PUNCT
escjerps-2131	120	13	independent	independent	ADJ
escjerps-2131	120	14	variable	variable	NOUN
escjerps-2131	120	15	)	)	PUNCT
escjerps-2131	120	16	and	and	CCONJ
escjerps-2131	120	17	der	der	ADJ
escjerps-2131	120	18	(	(	PUNCT
escjerps-2131	120	19	independent	independent	ADJ
escjerps-2131	120	20	variable	variable	NOUN
escjerps-2131	120	21	)	)	PUNCT
escjerps-2131	120	22	has	have	VERB
escjerps-2131	120	23	the	the	DET
escjerps-2131	120	24	mean	mean	NOUN
escjerps-2131	120	25	of	of	ADP
escjerps-2131	120	26	:	:	PUNCT
escjerps-2131	120	27	0.013712	0.013712	NUM
escjerps-2131	120	28	,	,	PUNCT
escjerps-2131	120	29	0.583050	0.583050	NUM
escjerps-2131	120	30	and	and	CCONJ
escjerps-2131	120	31	0.756275	0.756275	NUM
escjerps-2131	120	32	respectively	respectively	ADV
escjerps-2131	120	33	,	,	PUNCT
escjerps-2131	120	34	der	der	NOUN
escjerps-2131	120	35	has	have	VERB
escjerps-2131	120	36	the	the	DET
escjerps-2131	120	37	highest	high	ADJ
escjerps-2131	120	38	value	value	NOUN
escjerps-2131	120	39	while	while	SCONJ
escjerps-2131	120	40	roe	roe	NOUN
escjerps-2131	120	41	has	have	VERB
escjerps-2131	120	42	the	the	DET
escjerps-2131	120	43	lowest	low	ADJ
escjerps-2131	120	44	value	value	NOUN
escjerps-2131	120	45	.	.	PUNCT
escjerps-2131	121	1	the	the	DET
escjerps-2131	121	2	maximum	maximum	ADJ
escjerps-2131	121	3	values	value	NOUN
escjerps-2131	121	4	of	of	ADP
escjerps-2131	121	5	roe	roe	PROPN
escjerps-2131	121	6	,	,	PUNCT
escjerps-2131	121	7	ecr	ecr	PROPN
escjerps-2131	121	8	and	and	CCONJ
escjerps-2131	121	9	der	der	NOUN
escjerps-2131	121	10	as	as	SCONJ
escjerps-2131	121	11	shown	show	VERB
escjerps-2131	121	12	in	in	ADP
escjerps-2131	121	13	table	table	NOUN
escjerps-2131	121	14	three	three	NUM
escjerps-2131	121	15	above	above	ADP
escjerps-2131	121	16	are	be	AUX
escjerps-2131	121	17	:	:	PUNCT
escjerps-2131	121	18	0.233200	0.233200	NUM
escjerps-2131	121	19	,	,	PUNCT
escjerps-2131	121	20	0.754400	0.754400	NUM
escjerps-2131	121	21	and	and	CCONJ
escjerps-2131	121	22	1.196000	1.196000	NUM
escjerps-2131	121	23	respectively	respectively	ADV
escjerps-2131	121	24	,	,	PUNCT
escjerps-2131	121	25	der	der	NOUN
escjerps-2131	121	26	has	have	VERB
escjerps-2131	121	27	the	the	DET
escjerps-2131	121	28	highest	high	ADJ
escjerps-2131	121	29	value	value	NOUN
escjerps-2131	121	30	while	while	SCONJ
escjerps-2131	121	31	roe	roe	NOUN
escjerps-2131	121	32	has	have	VERB
escjerps-2131	121	33	the	the	DET
escjerps-2131	121	34	lowest	low	ADJ
escjerps-2131	121	35	value	value	NOUN
escjerps-2131	121	36	.	.	PUNCT
escjerps-2131	122	1	the	the	DET
escjerps-2131	122	2	minimum	minimum	ADJ
escjerps-2131	122	3	values	value	NOUN
escjerps-2131	122	4	of	of	ADP
escjerps-2131	122	5	roe	roe	PROPN
escjerps-2131	122	6	,	,	PUNCT
escjerps-2131	122	7	ecr	ecr	PROPN
escjerps-2131	122	8	and	and	CCONJ
escjerps-2131	122	9	der	der	NOUN
escjerps-2131	122	10	as	as	SCONJ
escjerps-2131	122	11	shown	show	VERB
escjerps-2131	122	12	in	in	ADP
escjerps-2131	122	13	table	table	NOUN
escjerps-2131	122	14	three	three	NUM
escjerps-2131	122	15	above	above	ADP
escjerps-2131	122	16	are	be	AUX
escjerps-2131	122	17	:	:	PUNCT
escjerps-2131	122	18	-0.383100	-0.383100	NOUN
escjerps-2131	122	19	,	,	PUNCT
escjerps-2131	122	20	0.455400	0.455400	NUM
escjerps-2131	122	21	and	and	CCONJ
escjerps-2131	122	22	0.325500	0.325500	NUM
escjerps-2131	122	23	respectively	respectively	ADV
escjerps-2131	122	24	.	.	PUNCT
escjerps-2131	122	25	table	table	NOUN
escjerps-2131	122	26	three	three	NUM
escjerps-2131	122	27	above	above	ADP
escjerps-2131	122	28	also	also	ADV
escjerps-2131	122	29	showed	show	VERB
escjerps-2131	122	30	the	the	DET
escjerps-2131	122	31	standard	standard	ADJ
escjerps-2131	122	32	deviation	deviation	NOUN
escjerps-2131	122	33	of	of	ADP
escjerps-2131	122	34	roe	roe	NOUN
escjerps-2131	122	35	,	,	PUNCT
escjerps-2131	122	36	ecr	ecr	PROPN
escjerps-2131	122	37	and	and	CCONJ
escjerps-2131	122	38	der	der	NOUN
escjerps-2131	122	39	are	be	AUX
escjerps-2131	122	40	:	:	PUNCT
escjerps-2131	122	41	0.187017	0.187017	NUM
escjerps-2131	122	42	,	,	PUNCT
escjerps-2131	122	43	0.097434	0.097434	NUM
escjerps-2131	122	44	and	and	CCONJ
escjerps-2131	122	45	0.285025	0.285025	NUM
escjerps-2131	122	46	,	,	PUNCT
escjerps-2131	122	47	from	from	ADP
escjerps-2131	122	48	the	the	DET
escjerps-2131	122	49	listed	list	VERB
escjerps-2131	122	50	values	value	NOUN
escjerps-2131	122	51	der	der	NOUN
escjerps-2131	122	52	is	be	AUX
escjerps-2131	122	53	most	most	ADV
escjerps-2131	122	54	dispersed	disperse	VERB
escjerps-2131	122	55	while	while	SCONJ
escjerps-2131	122	56	ecr	ecr	PROPN
escjerps-2131	122	57	is	be	AUX
escjerps-2131	122	58	the	the	DET
escjerps-2131	122	59	least	least	ADV
escjerps-2131	122	60	dispersed	disperse	VERB
escjerps-2131	122	61	.	.	PUNCT
escjerps-2131	123	1	furthermore	furthermore	ADV
escjerps-2131	123	2	the	the	DET
escjerps-2131	123	3	jarque	jarque	NOUN
escjerps-2131	123	4	-	-	PUNCT
escjerps-2131	123	5	bera	bera	NOUN
escjerps-2131	123	6	statistics	statistic	NOUN
escjerps-2131	123	7	and	and	CCONJ
escjerps-2131	123	8	the	the	DET
escjerps-2131	123	9	associated	associated	ADJ
escjerps-2131	123	10	probability	probability	NOUN
escjerps-2131	123	11	values	value	NOUN
escjerps-2131	123	12	showed	show	VERB
escjerps-2131	123	13	that	that	SCONJ
escjerps-2131	123	14	roe	roe	NOUN
escjerps-2131	123	15	,	,	PUNCT
escjerps-2131	123	16	ecr	ecr	PROPN
escjerps-2131	123	17	and	and	CCONJ
escjerps-2131	123	18	der	der	NOUN
escjerps-2131	123	19	has	have	AUX
escjerps-2131	123	20	a	a	DET
escjerps-2131	123	21	probability	probability	NOUN
escjerps-2131	123	22	values	value	NOUN
escjerps-2131	123	23	of	of	ADP
escjerps-2131	123	24	:	:	PUNCT
escjerps-2131	123	25	0.354139	0.354139	NUM
escjerps-2131	123	26	,	,	PUNCT
escjerps-2131	123	27	0.800924	0.800924	NUM
escjerps-2131	123	28	and	and	CCONJ
escjerps-2131	123	29	0.839590respectively	0.839590respectively	NOUN
escjerps-2131	123	30	,	,	PUNCT
escjerps-2131	123	31	from	from	ADP
escjerps-2131	123	32	the	the	DET
escjerps-2131	123	33	above	above	ADJ
escjerps-2131	123	34	(	(	PUNCT
escjerps-2131	123	35	table	table	NOUN
escjerps-2131	123	36	three	three	NUM
escjerps-2131	123	37	)	)	PUNCT
escjerps-2131	123	38	depicted	depict	VERB
escjerps-2131	123	39	that	that	SCONJ
escjerps-2131	123	40	the	the	DET
escjerps-2131	123	41	variables	variable	NOUN
escjerps-2131	123	42	are	be	AUX
escjerps-2131	123	43	normally	normally	ADV
escjerps-2131	123	44	distributed	distribute	VERB
escjerps-2131	123	45	,	,	PUNCT
escjerps-2131	123	46	since	since	SCONJ
escjerps-2131	123	47	the	the	DET
escjerps-2131	123	48	values	value	NOUN
escjerps-2131	123	49	are	be	AUX
escjerps-2131	123	50	greater	great	ADJ
escjerps-2131	123	51	than	than	ADP
escjerps-2131	123	52	the	the	DET
escjerps-2131	123	53	5	5	NUM
escjerps-2131	123	54	%	%	NOUN
escjerps-2131	123	55	significant	significant	ADJ
escjerps-2131	123	56	level	level	NOUN
escjerps-2131	123	57	.	.	PUNCT
escjerps-2131	124	1	4.4	4.4	NUM
escjerps-2131	124	2	correlati	correlati	VERB
escjerps-2131	124	3	on	on	ADP
escjerps-2131	124	4	analysis	analysis	NOUN
escjerps-2131	124	5	(	(	PUNCT
escjerps-2131	124	6	tablefour	tablefour	ADJ
escjerps-2131	124	7	)	)	PUNCT
escjerps-2131	124	8	roe	roe	PROPN
escjerps-2131	124	9	ecr	ecr	AUX
escjerps-2131	124	10	der	der	PROPN
escjerps-2131	124	11	roe	roe	PROPN
escjerps-2131	124	12	1.0000	1.0000	NUM
escjerps-2131	124	13	ecr	ecr	PROPN
escjerps-2131	124	14	0.5497	0.5497	NUM
escjerps-2131	124	15	1.0000	1.0000	NUM
escjerps-2131	124	16	189	189	NUM
escjerps-2131	124	17	|	|	ADV
escjerps-2131	124	18	p	p	NOUN
escjerps-2131	124	19	a	a	DET
escjerps-2131	124	20	g	g	NOUN
escjerps-2131	124	21	e	e	X
escjerps-2131	124	22	der	der	NOUN
escjerps-2131	124	23	-0.6480	-0.6480	PROPN
escjerps-2131	124	24	-0.9882	-0.9882	NOUN
escjerps-2131	124	25	1.0000	1.0000	NUM
escjerps-2131	124	26	source	source	NOUN
escjerps-2131	124	27	:	:	PUNCT
escjerps-2131	124	28	author	author	NOUN
escjerps-2131	124	29	’s	’s	PART
escjerps-2131	124	30	computations	computation	NOUN
escjerps-2131	124	31	,	,	PUNCT
escjerps-2131	124	32	e	e	NOUN
escjerps-2131	124	33	-	-	NOUN
escjerps-2131	124	34	view9.0	view9.0	NOUN
escjerps-2131	124	35	.	.	PUNCT
escjerps-2131	124	36	table	table	NOUN
escjerps-2131	124	37	four	four	NUM
escjerps-2131	124	38	above	above	ADV
escjerps-2131	124	39	show	show	VERB
escjerps-2131	124	40	the	the	DET
escjerps-2131	124	41	relationship	relationship	NOUN
escjerps-2131	124	42	between	between	ADP
escjerps-2131	124	43	the	the	DET
escjerps-2131	124	44	operationalizing	operationalizing	NOUN
escjerps-2131	124	45	variables	variable	NOUN
escjerps-2131	124	46	in	in	ADP
escjerps-2131	124	47	the	the	DET
escjerps-2131	124	48	study	study	NOUN
escjerps-2131	124	49	.	.	PUNCT
escjerps-2131	125	1	the	the	DET
escjerps-2131	125	2	above	above	ADJ
escjerps-2131	125	3	(	(	PUNCT
escjerps-2131	125	4	table	table	NOUN
escjerps-2131	125	5	four	four	NUM
escjerps-2131	125	6	)	)	PUNCT
escjerps-2131	125	7	depicted	depict	VERB
escjerps-2131	125	8	that	that	PRON
escjerps-2131	125	9	roe	roe	NOUN
escjerps-2131	125	10	has	have	VERB
escjerps-2131	125	11	positive	positive	ADJ
escjerps-2131	125	12	relationship	relationship	NOUN
escjerps-2131	125	13	with	with	ADP
escjerps-2131	125	14	ecr	ecr	PROPN
escjerps-2131	125	15	(	(	PUNCT
escjerps-2131	125	16	0.5497	0.5497	NUM
escjerps-2131	125	17	)	)	PUNCT
escjerps-2131	125	18	however	however	ADV
escjerps-2131	125	19	the	the	DET
escjerps-2131	125	20	relation	relation	NOUN
escjerps-2131	125	21	between	between	ADP
escjerps-2131	125	22	roe	roe	PROPN
escjerps-2131	125	23	and	and	CCONJ
escjerps-2131	125	24	der	der	NOUN
escjerps-2131	125	25	is	be	AUX
escjerps-2131	125	26	negative	negative	ADJ
escjerps-2131	125	27	relationship	relationship	NOUN
escjerps-2131	125	28	(	(	PUNCT
escjerps-2131	125	29	0.6480	0.6480	NUM
escjerps-2131	125	30	)	)	PUNCT
escjerps-2131	125	31	.	.	PUNCT
escjerps-2131	126	1	ecr	ecr	PROPN
escjerps-2131	126	2	has	have	VERB
escjerps-2131	126	3	negative	negative	ADJ
escjerps-2131	126	4	nexus	nexus	NOUN
escjerps-2131	126	5	with	with	ADP
escjerps-2131	126	6	der(-0.9882	der(-0.9882	NOUN
escjerps-2131	126	7	)	)	PUNCT
escjerps-2131	126	8	.	.	PUNCT
escjerps-2131	127	1	multiple	multiple	ADJ
escjerps-2131	127	2	regression	regression	NOUN
escjerps-2131	127	3	output	output	NOUN
escjerps-2131	127	4	(	(	PUNCT
escjerps-2131	127	5	tablefive	tablefive	ADJ
escjerps-2131	127	6	)	)	PUNCT
escjerps-2131	127	7	dependent	dependent	ADJ
escjerps-2131	127	8	variable	variable	NOUN
escjerps-2131	127	9	:	:	PUNCT
escjerps-2131	127	10	roe	roe	NOUN
escjerps-2131	127	11	method	method	NOUN
escjerps-2131	127	12	:	:	PUNCT
escjerps-2131	127	13	leastsquares	leastsquare	VERB
escjerps-2131	127	14	date	date	NOUN
escjerps-2131	127	15	:	:	PUNCT
escjerps-2131	128	1	11/11/21	11/11/21	NUM
escjerps-2131	128	2	time:20:28	time:20:28	NOUN
escjerps-2131	128	3	sample	sample	NOUN
escjerps-2131	128	4	:	:	PUNCT
escjerps-2131	128	5	20132020	20132020	NUM
escjerps-2131	128	6	included	include	VERB
escjerps-2131	128	7	observations:8	observations:8	NUM
escjerps-2131	128	8	variable	variable	NOUN
escjerps-2131	128	9	coefficie	coefficie	VERB
escjerps-2131	128	10	nt	not	PART
escjerps-2131	128	11	std.error	std.error	NUM
escjerps-2131	128	12	t	t	PROPN
escjerps-2131	128	13	-	-	PUNCT
escjerps-2131	128	14	statistic	statistic	NOUN
escjerps-2131	128	15	prob	prob	NOUN
escjerps-2131	128	16	.	.	PUNCT
escjerps-2131	129	1	c	c	PROPN
escjerps-2131	129	2	6.535118	6.535118	NUM
escjerps-2131	129	3	2.260659	2.260659	NUM
escjerps-2131	129	4	2.890802	2.890802	NUM
escjerps-2131	129	5	0.0342	0.0342	NUM
escjerps-2131	129	6	ecr	ecr	VERB
escjerps-2131	129	7	7.393806	7.393806	NUM
escjerps-2131	129	8	2.692624	2.692624	NUM
escjerps-2131	129	9	2.745948	2.745948	NUM
escjerps-2131	129	10	0.0405	0.0405	NUM
escjerps-2131	129	11	der	der	NOUN
escjerps-2131	129	12	2.922808	2.922808	NUM
escjerps-2131	129	13	0.920460	0.920460	NUM
escjerps-2131	129	14	3.175377	3.175377	NUM
escjerps-2131	129	15	0.0247	0.0247	NUM
escjerps-2131	129	16	r	r	NOUN
escjerps-2131	129	17	-	-	PUNCT
escjerps-2131	129	18	squared	square	VERB
escjerps-2131	129	19	0.768688	0.768688	NUM
escjerps-2131	129	20	mean	mean	NOUN
escjerps-2131	129	21	dependentvar	dependentvar	NOUN
escjerps-2131	129	22	0.013712	0.013712	NUM
escjerps-2131	129	23	adjustedr	adjustedr	ADV
escjerps-2131	129	24	-	-	PUNCT
escjerps-2131	129	25	squared	square	VERB
escjerps-2131	129	26	0.676164	0.676164	NUM
escjerps-2131	129	27	s.d	s.d	PROPN
escjerps-2131	129	28	.	.	PROPN
escjerps-2131	129	29	dependentvar	dependentvar	PROPN
escjerps-2131	129	30	0.187017	0.187017	NUM
escjerps-2131	129	31	s.e	s.e	PROPN
escjerps-2131	129	32	.	.	PROPN
escjerps-2131	129	33	ofregression	ofregression	NOUN
escjerps-2131	129	34	0.106425	0.106425	NUM
escjerps-2131	129	35	akaike	akaike	ADJ
escjerps-2131	129	36	infocriterion	infocriterion	NOUN
escjerps-2131	129	37	-1.362756	-1.362756	PROPN
escjerps-2131	129	38	sum	sum	PROPN
escjerps-2131	129	39	squaredresid	squaredresid	PROPN
escjerps-2131	129	40	0.056631	0.056631	NUM
escjerps-2131	129	41	schwarzcriterion	schwarzcriterion	NOUN
escjerps-2131	129	42	-1.332965	-1.332965	NOUN
escjerps-2131	129	43	loglikelihood	loglikelihood	VERB
escjerps-2131	129	44	8.451023	8.451023	NUM
escjerps-2131	129	45	hannanquinncriter	hannanquinncriter	NOUN
escjerps-2131	129	46	.	.	PUNCT
escjerps-2131	129	47	-1.563681	-1.563681	PUNCT
escjerps-2131	130	1	f	f	X
escjerps-2131	130	2	-	-	PUNCT
escjerps-2131	130	3	statistic	statistic	ADJ
escjerps-2131	130	4	8.307926	8.307926	NUM
escjerps-2131	130	5	durbinwatsonstat	durbinwatsonstat	NOUN
escjerps-2131	130	6	2.680018	2.680018	NUM
escjerps-2131	130	7	prob(f	prob(f	NOUN
escjerps-2131	130	8	-	-	PUNCT
escjerps-2131	130	9	statistic	statistic	NOUN
escjerps-2131	130	10	)	)	PUNCT
escjerps-2131	130	11	0.025733	0.025733	NUM
escjerps-2131	130	12	source	source	NOUN
escjerps-2131	130	13	:	:	PUNCT
escjerps-2131	130	14	author	author	NOUN
escjerps-2131	130	15	’s	’s	PART
escjerps-2131	130	16	computations	computation	NOUN
escjerps-2131	130	17	,	,	PUNCT
escjerps-2131	130	18	e	e	NOUN
escjerps-2131	130	19	-	-	NOUN
escjerps-2131	130	20	view9.0	view9.0	NOUN
escjerps-2131	130	21	.	.	PUNCT
escjerps-2131	131	1	discussion	discussion	NOUN
escjerps-2131	131	2	of	of	ADP
escjerps-2131	131	3	findings	finding	NOUN
escjerps-2131	131	4	the	the	DET
escjerps-2131	131	5	regression	regression	NOUN
escjerps-2131	131	6	output	output	NOUN
escjerps-2131	131	7	above	above	ADV
escjerps-2131	131	8	(	(	PUNCT
escjerps-2131	131	9	table	table	NOUN
escjerps-2131	131	10	five	five	NUM
escjerps-2131	131	11	)	)	PUNCT
escjerps-2131	131	12	showed	show	VERB
escjerps-2131	131	13	that	that	SCONJ
escjerps-2131	131	14	the	the	DET
escjerps-2131	131	15	coefficient	coefficient	NOUN
escjerps-2131	131	16	of	of	ADP
escjerps-2131	131	17	determination	determination	NOUN
escjerps-2131	131	18	(	(	PUNCT
escjerps-2131	131	19	r	r	NOUN
escjerps-2131	131	20	-	-	PUNCT
escjerps-2131	131	21	squared	square	VERB
escjerps-2131	131	22	)	)	PUNCT
escjerps-2131	131	23	value	value	NOUN
escjerps-2131	131	24	of	of	ADP
escjerps-2131	131	25	0.77	0.77	NUM
escjerps-2131	131	26	approximately	approximately	ADV
escjerps-2131	131	27	which	which	PRON
escjerps-2131	131	28	indicates	indicate	VERB
escjerps-2131	131	29	that	that	SCONJ
escjerps-2131	131	30	77	77	NUM
escjerps-2131	131	31	%	%	NOUN
escjerps-2131	131	32	of	of	ADP
escjerps-2131	131	33	changes	change	NOUN
escjerps-2131	131	34	in	in	ADP
escjerps-2131	131	35	the	the	DET
escjerps-2131	131	36	dependent	dependent	ADJ
escjerps-2131	131	37	variable	variable	NOUN
escjerps-2131	131	38	are	be	AUX
escjerps-2131	131	39	accounted	account	VERB
escjerps-2131	131	40	for	for	ADP
escjerps-2131	131	41	by	by	ADP
escjerps-2131	131	42	the	the	DET
escjerps-2131	131	43	combined	combine	VERB
escjerps-2131	131	44	effect	effect	NOUN
escjerps-2131	131	45	of	of	ADP
escjerps-2131	131	46	fluctuation	fluctuation	NOUN
escjerps-2131	131	47	in	in	ADP
escjerps-2131	131	48	the	the	DET
escjerps-2131	131	49	190	190	NUM
escjerps-2131	131	50	|	|	ADV
escjerps-2131	131	51	p	p	NOUN
escjerps-2131	131	52	a	a	DET
escjerps-2131	131	53	g	g	NOUN
escjerps-2131	131	54	e	e	NOUN
escjerps-2131	131	55	independent	independent	ADJ
escjerps-2131	131	56	variables	variable	NOUN
escjerps-2131	131	57	.	.	PUNCT
escjerps-2131	132	1	in	in	ADP
escjerps-2131	132	2	the	the	DET
escjerps-2131	132	3	same	same	ADJ
escjerps-2131	132	4	vein	vein	NOUN
escjerps-2131	132	5	the	the	DET
escjerps-2131	132	6	adjusted	adjust	VERB
escjerps-2131	132	7	rsquared	rsquared	ADJ
escjerps-2131	132	8	value	value	NOUN
escjerps-2131	132	9	of	of	ADP
escjerps-2131	132	10	0.68	0.68	NUM
escjerps-2131	132	11	%	%	NOUN
escjerps-2131	132	12	approximately	approximately	ADV
escjerps-2131	132	13	,	,	PUNCT
escjerps-2131	132	14	indicates	indicate	VERB
escjerps-2131	132	15	that	that	SCONJ
escjerps-2131	132	16	the	the	DET
escjerps-2131	132	17	model	model	NOUN
escjerps-2131	132	18	used	use	VERB
escjerps-2131	132	19	is	be	AUX
escjerps-2131	132	20	appropriate	appropriate	ADJ
escjerps-2131	132	21	and	and	CCONJ
escjerps-2131	132	22	good	good	ADJ
escjerps-2131	132	23	fit	fit	NOUN
escjerps-2131	132	24	to	to	PART
escjerps-2131	132	25	be	be	AUX
escjerps-2131	132	26	used	use	VERB
escjerps-2131	132	27	in	in	ADP
escjerps-2131	132	28	testing	test	VERB
escjerps-2131	132	29	our	our	PRON
escjerps-2131	132	30	hypotheses	hypothesis	NOUN
escjerps-2131	132	31	for	for	ADP
escjerps-2131	132	32	the	the	DET
escjerps-2131	132	33	study	study	NOUN
escjerps-2131	132	34	.	.	PUNCT
escjerps-2131	133	1	this	this	PRON
escjerps-2131	133	2	also	also	ADV
escjerps-2131	133	3	indicate	indicate	VERB
escjerps-2131	133	4	that	that	SCONJ
escjerps-2131	133	5	there	there	PRON
escjerps-2131	133	6	is	be	VERB
escjerps-2131	133	7	high	high	ADJ
escjerps-2131	133	8	confidence	confidence	NOUN
escjerps-2131	133	9	level	level	NOUN
escjerps-2131	133	10	for	for	ADP
escjerps-2131	133	11	acceptance	acceptance	NOUN
escjerps-2131	133	12	of	of	ADP
escjerps-2131	133	13	the	the	DET
escjerps-2131	133	14	goodness	goodness	NOUN
escjerps-2131	133	15	of	of	ADP
escjerps-2131	133	16	fit	fit	NOUN
escjerps-2131	133	17	for	for	ADP
escjerps-2131	133	18	the	the	DET
escjerps-2131	133	19	model	model	NOUN
escjerps-2131	133	20	under	under	ADP
escjerps-2131	133	21	study	study	NOUN
escjerps-2131	133	22	.	.	PUNCT
escjerps-2131	134	1	probability	probability	NOUN
escjerps-2131	134	2	value	value	NOUN
escjerps-2131	134	3	of	of	ADP
escjerps-2131	134	4	the	the	DET
escjerps-2131	134	5	f	f	NOUN
escjerps-2131	134	6	-	-	PUNCT
escjerps-2131	134	7	statistic	statistic	NOUN
escjerps-2131	134	8	0.025733	0.025733	NUM
escjerps-2131	134	9	above	above	ADV
escjerps-2131	134	10	showed	show	VERB
escjerps-2131	134	11	that	that	SCONJ
escjerps-2131	134	12	our	our	PRON
escjerps-2131	134	13	model	model	NOUN
escjerps-2131	134	14	is	be	AUX
escjerps-2131	134	15	statistically	statistically	ADV
escjerps-2131	134	16	significant	significant	ADJ
escjerps-2131	134	17	at	at	ADP
escjerps-2131	134	18	5	5	NUM
escjerps-2131	134	19	%	%	NOUN
escjerps-2131	134	20	level	level	NOUN
escjerps-2131	134	21	with	with	ADP
escjerps-2131	134	22	a	a	DET
escjerps-2131	134	23	durbinwatson	durbinwatson	NOUN
escjerps-2131	134	24	statistics(2.68	statistics(2.68	NUM
escjerps-2131	134	25	)	)	PUNCT
escjerps-2131	134	26	.	.	PUNCT
escjerps-2131	135	1	in	in	ADP
escjerps-2131	135	2	summary	summary	NOUN
escjerps-2131	135	3	,	,	PUNCT
escjerps-2131	135	4	the	the	DET
escjerps-2131	135	5	regression	regression	NOUN
escjerps-2131	135	6	output	output	NOUN
escjerps-2131	135	7	used	use	VERB
escjerps-2131	135	8	in	in	ADP
escjerps-2131	135	9	investigating	investigate	VERB
escjerps-2131	135	10	the	the	DET
escjerps-2131	135	11	implication	implication	NOUN
escjerps-2131	135	12	of	of	ADP
escjerps-2131	135	13	investing	invest	VERB
escjerps-2131	135	14	activities	activity	NOUN
escjerps-2131	135	15	(	(	PUNCT
escjerps-2131	135	16	ecr	ecr	PROPN
escjerps-2131	135	17	and	and	CCONJ
escjerps-2131	135	18	der	der	NOUN
escjerps-2131	135	19	)	)	PUNCT
escjerps-2131	135	20	on	on	ADP
escjerps-2131	135	21	performance	performance	NOUN
escjerps-2131	135	22	(	(	PUNCT
escjerps-2131	135	23	roe	roe	NOUN
escjerps-2131	135	24	)	)	PUNCT
escjerps-2131	135	25	of	of	ADP
escjerps-2131	135	26	oil	oil	NOUN
escjerps-2131	135	27	and	and	CCONJ
escjerps-2131	135	28	gas	gas	NOUN
escjerps-2131	135	29	sector	sector	NOUN
escjerps-2131	135	30	firms	firm	NOUN
escjerps-2131	135	31	listed	list	VERB
escjerps-2131	135	32	on	on	ADP
escjerps-2131	135	33	nigeria	nigeria	PROPN
escjerps-2131	135	34	exchange	exchange	PROPN
escjerps-2131	135	35	group	group	NOUN
escjerps-2131	135	36	indicated	indicate	VERB
escjerps-2131	135	37	strong	strong	ADJ
escjerps-2131	135	38	significant	significant	ADJ
escjerps-2131	135	39	nexus	nexus	NOUN
escjerps-2131	135	40	between	between	ADP
escjerps-2131	135	41	the	the	DET
escjerps-2131	135	42	explanatory	explanatory	ADJ
escjerps-2131	135	43	variables	variable	NOUN
escjerps-2131	135	44	and	and	CCONJ
escjerps-2131	135	45	response	response	NOUN
escjerps-2131	135	46	variable	variable	NOUN
escjerps-2131	135	47	,	,	PUNCT
escjerps-2131	135	48	therefore	therefore	ADV
escjerps-2131	135	49	the	the	DET
escjerps-2131	135	50	null	null	ADJ
escjerps-2131	135	51	hypotheses	hypothesis	NOUN
escjerps-2131	135	52	for	for	ADP
escjerps-2131	135	53	the	the	DET
escjerps-2131	135	54	study	study	NOUN
escjerps-2131	135	55	are	be	AUX
escjerps-2131	135	56	rejected	reject	VERB
escjerps-2131	135	57	.	.	PUNCT
escjerps-2131	136	1	we	we	PRON
escjerps-2131	136	2	can	can	AUX
escjerps-2131	136	3	therefore	therefore	ADV
escjerps-2131	136	4	confidently	confidently	ADV
escjerps-2131	136	5	say	say	VERB
escjerps-2131	136	6	base	base	NOUN
escjerps-2131	136	7	on	on	ADP
escjerps-2131	136	8	the	the	DET
escjerps-2131	136	9	regression	regression	NOUN
escjerps-2131	136	10	output	output	NOUN
escjerps-2131	136	11	that	that	SCONJ
escjerps-2131	136	12	investing	investing	NOUN
escjerps-2131	136	13	activities	activity	NOUN
escjerps-2131	136	14	does	do	AUX
escjerps-2131	136	15	significantly	significantly	ADV
escjerps-2131	136	16	impact	impact	VERB
escjerps-2131	136	17	firm	firm	ADJ
escjerps-2131	136	18	performance	performance	NOUN
escjerps-2131	136	19	.	.	PUNCT
escjerps-2131	137	1	hypothesis	hypothesis	NOUN
escjerps-2131	137	2	testing	testing	NOUN
escjerps-2131	137	3	in	in	ADP
escjerps-2131	137	4	this	this	DET
escjerps-2131	137	5	section	section	NOUN
escjerps-2131	137	6	,	,	PUNCT
escjerps-2131	137	7	our	our	PRON
escjerps-2131	137	8	null	null	ADJ
escjerps-2131	137	9	hypotheses	hypothesis	NOUN
escjerps-2131	137	10	for	for	ADP
escjerps-2131	137	11	the	the	DET
escjerps-2131	137	12	study	study	NOUN
escjerps-2131	137	13	is	be	AUX
escjerps-2131	137	14	been	be	AUX
escjerps-2131	137	15	tested	test	VERB
escjerps-2131	137	16	against	against	ADP
escjerps-2131	137	17	the	the	DET
escjerps-2131	137	18	alternative	alternative	ADJ
escjerps-2131	137	19	hypotheses	hypothesis	NOUN
escjerps-2131	137	20	.	.	PUNCT
escjerps-2131	138	1	hypothesis	hypothesis	NOUN
escjerps-2131	138	2	one	one	NUM
escjerps-2131	138	3	h01	h01	NOUN
escjerps-2131	138	4	there	there	PRON
escjerps-2131	138	5	is	be	VERB
escjerps-2131	138	6	no	no	DET
escjerps-2131	138	7	significant	significant	ADJ
escjerps-2131	138	8	implication	implication	NOUN
escjerps-2131	138	9	of	of	ADP
escjerps-2131	138	10	equity	equity	NOUN
escjerps-2131	138	11	to	to	ADP
escjerps-2131	138	12	capital	capital	NOUN
escjerps-2131	138	13	ratios	ratio	NOUN
escjerps-2131	138	14	(	(	PUNCT
escjerps-2131	138	15	ecr	ecr	PROPN
escjerps-2131	138	16	)	)	PUNCT
escjerps-2131	138	17	on	on	ADP
escjerps-2131	138	18	the	the	DET
escjerps-2131	138	19	performances	performance	NOUN
escjerps-2131	138	20	of	of	ADP
escjerps-2131	138	21	oil	oil	NOUN
escjerps-2131	138	22	and	and	CCONJ
escjerps-2131	138	23	gas	gas	NOUN
escjerps-2131	138	24	sector	sector	NOUN
escjerps-2131	138	25	firms	firm	NOUN
escjerps-2131	138	26	listed	list	VERB
escjerps-2131	138	27	on	on	ADP
escjerps-2131	138	28	the	the	DET
escjerps-2131	138	29	nigeria	nigeria	PROPN
escjerps-2131	138	30	exchange	exchange	PROPN
escjerps-2131	138	31	group	group	NOUN
escjerps-2131	138	32	.	.	PUNCT
escjerps-2131	139	1	the	the	DET
escjerps-2131	139	2	decision	decision	NOUN
escjerps-2131	139	3	is	be	AUX
escjerps-2131	139	4	based	base	VERB
escjerps-2131	139	5	on	on	ADP
escjerps-2131	139	6	5	5	NUM
escjerps-2131	139	7	%	%	NOUN
escjerps-2131	139	8	significant	significant	ADJ
escjerps-2131	139	9	level	level	NOUN
escjerps-2131	139	10	,	,	PUNCT
escjerps-2131	139	11	which	which	PRON
escjerps-2131	139	12	means	mean	VERB
escjerps-2131	139	13	the	the	DET
escjerps-2131	139	14	null	null	ADJ
escjerps-2131	139	15	hypothesis	hypothesis	NOUN
escjerps-2131	139	16	should	should	AUX
escjerps-2131	139	17	be	be	AUX
escjerps-2131	139	18	accepted	accept	VERB
escjerps-2131	139	19	if	if	SCONJ
escjerps-2131	139	20	the	the	DET
escjerps-2131	139	21	calculated	calculated	ADJ
escjerps-2131	139	22	p	p	NOUN
escjerps-2131	139	23	-	-	PUNCT
escjerps-2131	139	24	value	value	NOUN
escjerps-2131	139	25	is	be	AUX
escjerps-2131	139	26	greater	great	ADJ
escjerps-2131	139	27	than	than	ADP
escjerps-2131	139	28	5	5	NUM
escjerps-2131	139	29	%	%	NOUN
escjerps-2131	139	30	,	,	PUNCT
escjerps-2131	139	31	otherwise	otherwise	ADV
escjerps-2131	139	32	reject	reject	VERB
escjerps-2131	139	33	.	.	PUNCT
escjerps-2131	140	1	from	from	ADP
escjerps-2131	140	2	table	table	NOUN
escjerps-2131	140	3	five	five	NUM
escjerps-2131	140	4	above	above	ADP
escjerps-2131	140	5	ecr	ecr	PROPN
escjerps-2131	140	6	(	(	PUNCT
escjerps-2131	140	7	element	element	NOUN
escjerps-2131	140	8	of	of	ADP
escjerps-2131	140	9	investing	investing	NOUN
escjerps-2131	140	10	activities	activity	NOUN
escjerps-2131	140	11	)	)	PUNCT
escjerps-2131	140	12	has	have	VERB
escjerps-2131	140	13	a	a	DET
escjerps-2131	140	14	coefficient	coefficient	NOUN
escjerps-2131	140	15	of	of	ADP
escjerps-2131	140	16	-7.393806	-7.393806	NOUN
escjerps-2131	140	17	,	,	PUNCT
escjerps-2131	140	18	and	and	CCONJ
escjerps-2131	140	19	statistical	statistical	ADJ
escjerps-2131	140	20	value	value	NOUN
escjerps-2131	140	21	of	of	ADP
escjerps-2131	140	22	0.0405	0.0405	NUM
escjerps-2131	140	23	which	which	PRON
escjerps-2131	140	24	is	be	AUX
escjerps-2131	140	25	within	within	ADP
escjerps-2131	140	26	the	the	DET
escjerps-2131	140	27	5	5	NUM
escjerps-2131	140	28	%	%	NOUN
escjerps-2131	140	29	significant	significant	ADJ
escjerps-2131	140	30	level	level	NOUN
escjerps-2131	140	31	.	.	PUNCT
escjerps-2131	141	1	therefore	therefore	ADV
escjerps-2131	141	2	we	we	PRON
escjerps-2131	141	3	can	can	AUX
escjerps-2131	141	4	conclude	conclude	VERB
escjerps-2131	141	5	that	that	SCONJ
escjerps-2131	141	6	investing	investing	NOUN
escjerps-2131	141	7	activities	activity	NOUN
escjerps-2131	141	8	has	have	VERB
escjerps-2131	141	9	statistical	statistical	ADJ
escjerps-2131	141	10	significant	significant	ADJ
escjerps-2131	141	11	impact	impact	NOUN
escjerps-2131	141	12	on	on	ADP
escjerps-2131	141	13	performance	performance	NOUN
escjerps-2131	141	14	,	,	PUNCT
escjerps-2131	141	15	therefore	therefore	ADV
escjerps-2131	141	16	we	we	PRON
escjerps-2131	141	17	reject	reject	VERB
escjerps-2131	141	18	our	our	PRON
escjerps-2131	141	19	null	null	ADJ
escjerps-2131	141	20	hypothesis	hypothesis	NOUN
escjerps-2131	141	21	for	for	ADP
escjerps-2131	141	22	our	our	PRON
escjerps-2131	141	23	study	study	NOUN
escjerps-2131	141	24	.	.	PUNCT
escjerps-2131	142	1	hypothesis	hypothesis	NOUN
escjerps-2131	142	2	two	two	NUM
escjerps-2131	142	3	ho2	ho2	PROPN
escjerps-2131	142	4	there	there	PRON
escjerps-2131	142	5	is	be	VERB
escjerps-2131	142	6	no	no	DET
escjerps-2131	142	7	significant	significant	ADJ
escjerps-2131	142	8	implication	implication	NOUN
escjerps-2131	142	9	of	of	ADP
escjerps-2131	142	10	debt	debt	NOUN
escjerps-2131	142	11	-	-	PUNCT
escjerps-2131	142	12	to	to	ADP
escjerps-2131	142	13	-	-	PUNCT
escjerps-2131	142	14	equity	equity	NOUN
escjerps-2131	142	15	ratios	ratio	NOUN
escjerps-2131	142	16	(	(	PUNCT
escjerps-2131	142	17	der	der	NOUN
escjerps-2131	142	18	)	)	PUNCT
escjerps-2131	142	19	on	on	ADP
escjerps-2131	142	20	the	the	DET
escjerps-2131	142	21	performances	performance	NOUN
escjerps-2131	142	22	of	of	ADP
escjerps-2131	142	23	oil	oil	NOUN
escjerps-2131	142	24	and	and	CCONJ
escjerps-2131	142	25	gas	gas	NOUN
escjerps-2131	142	26	sector	sector	NOUN
escjerps-2131	142	27	firms	firm	NOUN
escjerps-2131	142	28	listed	list	VERB
escjerps-2131	142	29	on	on	ADP
escjerps-2131	142	30	the	the	DET
escjerps-2131	142	31	nigeria	nigeria	PROPN
escjerps-2131	142	32	exchange	exchange	PROPN
escjerps-2131	142	33	group	group	NOUN
escjerps-2131	142	34	.	.	PUNCT
escjerps-2131	143	1	the	the	DET
escjerps-2131	143	2	decision	decision	NOUN
escjerps-2131	143	3	is	be	AUX
escjerps-2131	143	4	based	base	VERB
escjerps-2131	143	5	on	on	ADP
escjerps-2131	143	6	5	5	NUM
escjerps-2131	143	7	%	%	NOUN
escjerps-2131	143	8	significant	significant	ADJ
escjerps-2131	143	9	level	level	NOUN
escjerps-2131	143	10	,	,	PUNCT
escjerps-2131	143	11	which	which	PRON
escjerps-2131	143	12	means	mean	VERB
escjerps-2131	143	13	the	the	DET
escjerps-2131	143	14	null	null	ADJ
escjerps-2131	143	15	hypothesis	hypothesis	NOUN
escjerps-2131	143	16	should	should	AUX
escjerps-2131	143	17	be	be	AUX
escjerps-2131	143	18	accepted	accept	VERB
escjerps-2131	143	19	if	if	SCONJ
escjerps-2131	143	20	the	the	DET
escjerps-2131	143	21	calculated	calculated	ADJ
escjerps-2131	143	22	p	p	NOUN
escjerps-2131	143	23	-	-	PUNCT
escjerps-2131	143	24	value	value	NOUN
escjerps-2131	143	25	is	be	AUX
escjerps-2131	143	26	greater	great	ADJ
escjerps-2131	143	27	than	than	ADP
escjerps-2131	143	28	5	5	NUM
escjerps-2131	143	29	%	%	NOUN
escjerps-2131	143	30	,	,	PUNCT
escjerps-2131	143	31	otherwise	otherwise	ADV
escjerps-2131	143	32	reject	reject	VERB
escjerps-2131	143	33	.	.	PUNCT
escjerps-2131	144	1	from	from	ADP
escjerps-2131	144	2	table	table	NOUN
escjerps-2131	144	3	five	five	NUM
escjerps-2131	144	4	above	above	ADP
escjerps-2131	144	5	der	der	NOUN
escjerps-2131	144	6	(	(	PUNCT
escjerps-2131	144	7	element	element	NOUN
escjerps-2131	144	8	of	of	ADP
escjerps-2131	144	9	investing	investing	NOUN
escjerps-2131	144	10	activities	activity	NOUN
escjerps-2131	144	11	)	)	PUNCT
escjerps-2131	144	12	has	have	VERB
escjerps-2131	144	13	a	a	DET
escjerps-2131	144	14	coefficient	coefficient	NOUN
escjerps-2131	144	15	of	of	ADP
escjerps-2131	144	16	-2.922808	-2.922808	NOUN
escjerps-2131	144	17	,	,	PUNCT
escjerps-2131	144	18	and	and	CCONJ
escjerps-2131	144	19	statistical	statistical	ADJ
escjerps-2131	144	20	value	value	NOUN
escjerps-2131	144	21	of	of	ADP
escjerps-2131	144	22	0.0247which	0.0247which	NOUN
escjerps-2131	144	23	is	be	AUX
escjerps-2131	144	24	within	within	ADP
escjerps-2131	144	25	the	the	DET
escjerps-2131	144	26	5	5	NUM
escjerps-2131	144	27	%	%	NOUN
escjerps-2131	144	28	significant	significant	ADJ
escjerps-2131	144	29	level	level	NOUN
escjerps-2131	144	30	.	.	PUNCT
escjerps-2131	145	1	therefore	therefore	ADV
escjerps-2131	145	2	,	,	PUNCT
escjerps-2131	145	3	we	we	PRON
escjerps-2131	145	4	can	can	AUX
escjerps-2131	145	5	conclude	conclude	VERB
escjerps-2131	145	6	that	that	SCONJ
escjerps-2131	145	7	investing	investing	NOUN
escjerps-2131	145	8	activities	activity	NOUN
escjerps-2131	145	9	has	have	VERB
escjerps-2131	145	10	statistically	statistically	ADV
escjerps-2131	145	11	significant	significant	ADJ
escjerps-2131	145	12	impact	impact	NOUN
escjerps-2131	145	13	on	on	ADP
escjerps-2131	145	14	performance	performance	NOUN
escjerps-2131	145	15	,	,	PUNCT
escjerps-2131	145	16	therefore	therefore	ADV
escjerps-2131	145	17	we	we	PRON
escjerps-2131	145	18	reject	reject	VERB
escjerps-2131	145	19	our	our	PRON
escjerps-2131	145	20	null	null	ADJ
escjerps-2131	145	21	hypothesis	hypothesis	NOUN
escjerps-2131	145	22	for	for	ADP
escjerps-2131	145	23	our	our	PRON
escjerps-2131	145	24	study	study	NOUN
escjerps-2131	145	25	.	.	PUNCT
escjerps-2131	146	1	conclusion	conclusion	NOUN
escjerps-2131	146	2	andrecommendations	andrecommendation	NOUN
escjerps-2131	146	3	in	in	ADP
escjerps-2131	146	4	this	this	DET
escjerps-2131	146	5	chapter	chapter	NOUN
escjerps-2131	146	6	we	we	PRON
escjerps-2131	146	7	will	will	AUX
escjerps-2131	146	8	be	be	AUX
escjerps-2131	146	9	summarizing	summarize	VERB
escjerps-2131	146	10	the	the	DET
escjerps-2131	146	11	finding	finding	NOUN
escjerps-2131	146	12	of	of	ADP
escjerps-2131	146	13	this	this	DET
escjerps-2131	146	14	study	study	NOUN
escjerps-2131	146	15	,	,	PUNCT
escjerps-2131	146	16	drawing	draw	VERB
escjerps-2131	146	17	conclusion	conclusion	NOUN
escjerps-2131	146	18	and	and	CCONJ
escjerps-2131	146	19	making	make	VERB
escjerps-2131	146	20	recommendations	recommendation	NOUN
escjerps-2131	146	21	.	.	PUNCT
escjerps-2131	147	1	191	191	NUM
escjerps-2131	148	1	|	|	ADV
escjerps-2131	148	2	p	p	X
escjerps-2131	148	3	a	a	DET
escjerps-2131	148	4	g	g	NOUN
escjerps-2131	148	5	e	e	NOUN
escjerps-2131	148	6	summary	summary	NOUN
escjerps-2131	148	7	of	of	ADP
escjerps-2131	148	8	finding	find	VERB
escjerps-2131	148	9	we	we	PRON
escjerps-2131	148	10	analyzed	analyze	VERB
escjerps-2131	148	11	the	the	DET
escjerps-2131	148	12	implication	implication	NOUN
escjerps-2131	148	13	of	of	ADP
escjerps-2131	148	14	investing	invest	VERB
escjerps-2131	148	15	activities	activity	NOUN
escjerps-2131	148	16	(	(	PUNCT
escjerps-2131	148	17	ecr	ecr	PROPN
escjerps-2131	148	18	and	and	CCONJ
escjerps-2131	148	19	der	der	NOUN
escjerps-2131	148	20	)	)	PUNCT
escjerps-2131	148	21	on	on	ADP
escjerps-2131	148	22	performance	performance	NOUN
escjerps-2131	148	23	(	(	PUNCT
escjerps-2131	148	24	roe	roe	NOUN
escjerps-2131	148	25	)	)	PUNCT
escjerps-2131	148	26	of	of	ADP
escjerps-2131	148	27	oil	oil	NOUN
escjerps-2131	148	28	and	and	CCONJ
escjerps-2131	148	29	gas	gas	NOUN
escjerps-2131	148	30	sector	sector	NOUN
escjerps-2131	148	31	firms	firm	NOUN
escjerps-2131	148	32	listed	list	VERB
escjerps-2131	148	33	on	on	ADP
escjerps-2131	148	34	nigeria	nigeria	PROPN
escjerps-2131	148	35	exchange	exchange	PROPN
escjerps-2131	148	36	group	group	NOUN
escjerps-2131	148	37	with	with	ADP
escjerps-2131	148	38	secondary	secondary	ADJ
escjerps-2131	148	39	data	datum	NOUN
escjerps-2131	148	40	extracted	extract	VERB
escjerps-2131	148	41	from	from	ADP
escjerps-2131	148	42	eight	eight	NUM
escjerps-2131	148	43	(	(	PUNCT
escjerps-2131	148	44	8)	8)	NUM
escjerps-2131	148	45	companies	company	NOUN
escjerps-2131	148	46	’	’	PART
escjerps-2131	148	47	website	website	NOUN
escjerps-2131	148	48	and	and	CCONJ
escjerps-2131	148	49	nigeria	nigeria	PROPN
escjerps-2131	148	50	exchange	exchange	PROPN
escjerps-2131	148	51	group	group	NOUN
escjerps-2131	148	52	with	with	ADP
escjerps-2131	148	53	data	datum	NOUN
escjerps-2131	148	54	ranging	range	VERB
escjerps-2131	148	55	from	from	ADP
escjerps-2131	148	56	2020	2020	NUM
escjerps-2131	148	57	to	to	ADP
escjerps-2131	148	58	2013	2013	NUM
escjerps-2131	148	59	applied	apply	VERB
escjerps-2131	148	60	using	use	VERB
escjerps-2131	148	61	regression	regression	NOUN
escjerps-2131	148	62	with	with	ADP
escjerps-2131	148	63	the	the	DET
escjerps-2131	148	64	help	help	NOUN
escjerps-2131	148	65	of	of	ADP
escjerps-2131	148	66	eview	eview	NOUN
escjerps-2131	148	67	.	.	PUNCT
escjerps-2131	149	1	the	the	DET
escjerps-2131	149	2	researchers	researcher	NOUN
escjerps-2131	149	3	were	be	AUX
escjerps-2131	149	4	propelled	propel	VERB
escjerps-2131	149	5	to	to	PART
escjerps-2131	149	6	carry	carry	VERB
escjerps-2131	149	7	out	out	ADP
escjerps-2131	149	8	the	the	DET
escjerps-2131	149	9	study	study	NOUN
escjerps-2131	149	10	due	due	ADJ
escjerps-2131	149	11	the	the	DET
escjerps-2131	149	12	different	different	ADJ
escjerps-2131	149	13	scholars	scholar	NOUN
escjerps-2131	149	14	view	view	VERB
escjerps-2131	149	15	on	on	ADP
escjerps-2131	149	16	investing	invest	VERB
escjerps-2131	149	17	activities	activity	NOUN
escjerps-2131	149	18	with	with	ADP
escjerps-2131	149	19	respect	respect	NOUN
escjerps-2131	149	20	to	to	ADP
escjerps-2131	149	21	performance	performance	NOUN
escjerps-2131	149	22	such	such	ADJ
escjerps-2131	149	23	as	as	ADP
escjerps-2131	149	24	etale	etale	NOUN
escjerps-2131	149	25	and	and	CCONJ
escjerps-2131	149	26	uzakah	uzakah	PROPN
escjerps-2131	149	27	(	(	PUNCT
escjerps-2131	149	28	2019	2019	NUM
escjerps-2131	149	29	)	)	PUNCT
escjerps-2131	149	30	who	who	PRON
escjerps-2131	149	31	opined	opine	VERB
escjerps-2131	149	32	that	that	SCONJ
escjerps-2131	149	33	investing	investing	NOUN
escjerps-2131	149	34	activities	activity	NOUN
escjerps-2131	149	35	has	have	VERB
escjerps-2131	149	36	no	no	DET
escjerps-2131	149	37	significant	significant	ADJ
escjerps-2131	149	38	impact	impact	NOUN
escjerps-2131	149	39	on	on	ADP
escjerps-2131	149	40	performance	performance	NOUN
escjerps-2131	149	41	however	however	ADV
escjerps-2131	149	42	kpolode	kpolode	NOUN
escjerps-2131	149	43	,	,	PUNCT
escjerps-2131	149	44	edoumiekumo	edoumiekumo	ADJ
escjerps-2131	149	45	and	and	CCONJ
escjerps-2131	149	46	alfred	alfred	PROPN
escjerps-2131	149	47	(	(	PUNCT
escjerps-2131	149	48	2020	2020	NUM
escjerps-2131	149	49	)	)	PUNCT
escjerps-2131	149	50	etale	etale	NOUN
escjerps-2131	149	51	,	,	PUNCT
escjerps-2131	149	52	edoumiekumo	edoumiekumo	NOUN
escjerps-2131	149	53	,	,	PUNCT
escjerps-2131	149	54	kpolode	kpolode	NOUN
escjerps-2131	149	55	,	,	PUNCT
escjerps-2131	149	56	and	and	CCONJ
escjerps-2131	149	57	nkak	nkak	ADJ
escjerps-2131	149	58	(	(	PUNCT
escjerps-2131	149	59	2020	2020	NUM
escjerps-2131	149	60	)	)	PUNCT
escjerps-2131	149	61	opined	opine	VERB
escjerps-2131	149	62	that	that	SCONJ
escjerps-2131	149	63	investing	investing	NOUN
escjerps-2131	149	64	activities	activity	NOUN
escjerps-2131	149	65	has	have	VERB
escjerps-2131	149	66	a	a	DET
escjerps-2131	149	67	significant	significant	ADJ
escjerps-2131	149	68	impact	impact	NOUN
escjerps-2131	149	69	on	on	ADP
escjerps-2131	149	70	a	a	DET
escjerps-2131	149	71	firm	firm	ADJ
escjerps-2131	149	72	performance	performance	NOUN
escjerps-2131	149	73	.	.	PUNCT
escjerps-2131	150	1	another	another	DET
escjerps-2131	150	2	driven	drive	VERB
escjerps-2131	150	3	force	force	NOUN
escjerps-2131	150	4	behind	behind	ADP
escjerps-2131	150	5	the	the	DET
escjerps-2131	150	6	study	study	NOUN
escjerps-2131	150	7	is	be	AUX
escjerps-2131	150	8	also	also	ADV
escjerps-2131	150	9	due	due	ADP
escjerps-2131	150	10	to	to	ADP
escjerps-2131	150	11	the	the	DET
escjerps-2131	150	12	fact	fact	NOUN
escjerps-2131	150	13	that	that	SCONJ
escjerps-2131	150	14	nigeria	nigeria	PROPN
escjerps-2131	150	15	get	get	VERB
escjerps-2131	150	16	a	a	DET
escjerps-2131	150	17	large	large	ADJ
escjerps-2131	150	18	proportion	proportion	NOUN
escjerps-2131	150	19	of	of	ADP
escjerps-2131	150	20	her	her	PRON
escjerps-2131	150	21	revenue	revenue	NOUN
escjerps-2131	150	22	from	from	ADP
escjerps-2131	150	23	this	this	DET
escjerps-2131	150	24	sector	sector	NOUN
escjerps-2131	150	25	,	,	PUNCT
escjerps-2131	150	26	furthermore	furthermore	ADV
escjerps-2131	150	27	the	the	DET
escjerps-2131	150	28	fluctuation	fluctuation	NOUN
escjerps-2131	150	29	rate	rate	NOUN
escjerps-2131	150	30	associated	associate	VERB
escjerps-2131	150	31	with	with	ADP
escjerps-2131	150	32	this	this	DET
escjerps-2131	150	33	sector	sector	NOUN
escjerps-2131	150	34	output	output	NOUN
escjerps-2131	150	35	has	have	AUX
escjerps-2131	150	36	drawn	draw	VERB
escjerps-2131	150	37	the	the	DET
escjerps-2131	150	38	researcher	researcher	NOUN
escjerps-2131	150	39	’s	’s	PART
escjerps-2131	150	40	interest	interest	NOUN
escjerps-2131	150	41	also	also	ADV
escjerps-2131	150	42	to	to	PART
escjerps-2131	150	43	look	look	VERB
escjerps-2131	150	44	into	into	ADP
escjerps-2131	150	45	the	the	DET
escjerps-2131	150	46	impact	impact	NOUN
escjerps-2131	150	47	of	of	ADP
escjerps-2131	150	48	investing	invest	VERB
escjerps-2131	150	49	activities	activity	NOUN
escjerps-2131	150	50	on	on	ADP
escjerps-2131	150	51	the	the	DET
escjerps-2131	150	52	performance	performance	NOUN
escjerps-2131	150	53	of	of	ADP
escjerps-2131	150	54	the	the	DET
escjerps-2131	150	55	firms	firm	NOUN
escjerps-2131	150	56	.	.	PUNCT
escjerps-2131	151	1	investing	invest	VERB
escjerps-2131	151	2	activities	activity	NOUN
escjerps-2131	151	3	play	play	VERB
escjerps-2131	151	4	a	a	DET
escjerps-2131	151	5	critical	critical	ADJ
escjerps-2131	151	6	role	role	NOUN
escjerps-2131	151	7	in	in	ADP
escjerps-2131	151	8	every	every	DET
escjerps-2131	151	9	entity	entity	NOUN
escjerps-2131	151	10	and	and	CCONJ
escjerps-2131	151	11	if	if	SCONJ
escjerps-2131	151	12	proper	proper	ADJ
escjerps-2131	151	13	matching	matching	NOUN
escjerps-2131	151	14	is	be	AUX
escjerps-2131	151	15	not	not	PART
escjerps-2131	151	16	made	make	VERB
escjerps-2131	151	17	by	by	ADP
escjerps-2131	151	18	an	an	DET
escjerps-2131	151	19	entity	entity	NOUN
escjerps-2131	151	20	it	it	PRON
escjerps-2131	151	21	can	can	AUX
escjerps-2131	151	22	drastically	drastically	ADV
escjerps-2131	151	23	affect	affect	VERB
escjerps-2131	151	24	the	the	DET
escjerps-2131	151	25	going	go	VERB
escjerps-2131	151	26	concern	concern	NOUN
escjerps-2131	151	27	principle	principle	NOUN
escjerps-2131	151	28	and	and	CCONJ
escjerps-2131	151	29	in	in	ADP
escjerps-2131	151	30	turn	turn	NOUN
escjerps-2131	151	31	affect	affect	VERB
escjerps-2131	151	32	nigeria	nigeria	PROPN
escjerps-2131	151	33	economic	economic	ADJ
escjerps-2131	151	34	growth	growth	NOUN
escjerps-2131	151	35	.	.	PUNCT
escjerps-2131	152	1	therefore	therefore	ADV
escjerps-2131	152	2	this	this	DET
escjerps-2131	152	3	study	study	NOUN
escjerps-2131	152	4	will	will	AUX
escjerps-2131	152	5	be	be	AUX
escjerps-2131	152	6	of	of	ADP
escjerps-2131	152	7	significant	significant	ADJ
escjerps-2131	152	8	values	value	NOUN
escjerps-2131	152	9	to	to	ADP
escjerps-2131	152	10	key	key	ADJ
escjerps-2131	152	11	stakeholders	stakeholder	NOUN
escjerps-2131	152	12	such	such	ADJ
escjerps-2131	152	13	as	as	ADP
escjerps-2131	152	14	internal	internal	ADJ
escjerps-2131	152	15	(	(	PUNCT
escjerps-2131	152	16	stakeholders	stakeholder	NOUN
escjerps-2131	152	17	and	and	CCONJ
escjerps-2131	152	18	employees	employee	NOUN
escjerps-2131	152	19	)	)	PUNCT
escjerps-2131	152	20	and	and	CCONJ
escjerps-2131	152	21	the	the	DET
escjerps-2131	152	22	same	same	ADJ
escjerps-2131	152	23	time	time	NOUN
escjerps-2131	152	24	it	it	PRON
escjerps-2131	152	25	will	will	AUX
escjerps-2131	152	26	also	also	ADV
escjerps-2131	152	27	be	be	AUX
escjerps-2131	152	28	of	of	ADP
escjerps-2131	152	29	significant	significant	ADJ
escjerps-2131	152	30	values	value	NOUN
escjerps-2131	152	31	to	to	ADP
escjerps-2131	152	32	the	the	DET
escjerps-2131	152	33	external	external	ADJ
escjerps-2131	152	34	stakeholders	stakeholder	NOUN
escjerps-2131	152	35	such	such	ADJ
escjerps-2131	152	36	:	:	PUNCT
escjerps-2131	152	37	the	the	DET
escjerps-2131	152	38	government	government	NOUN
escjerps-2131	152	39	,	,	PUNCT
escjerps-2131	152	40	creditors	creditor	NOUN
escjerps-2131	152	41	,	,	PUNCT
escjerps-2131	152	42	and	and	CCONJ
escjerps-2131	152	43	prospective	prospective	ADJ
escjerps-2131	152	44	investors	investor	NOUN
escjerps-2131	152	45	to	to	PART
escjerps-2131	152	46	mention	mention	VERB
escjerps-2131	152	47	but	but	CCONJ
escjerps-2131	152	48	a	a	DET
escjerps-2131	152	49	few	few	ADJ
escjerps-2131	152	50	.	.	PUNCT
escjerps-2131	153	1	in	in	ADP
escjerps-2131	153	2	view	view	NOUN
escjerps-2131	153	3	of	of	ADP
escjerps-2131	153	4	the	the	PRON
escjerps-2131	153	5	above	above	ADP
escjerps-2131	153	6	the	the	DET
escjerps-2131	153	7	researchers	researcher	NOUN
escjerps-2131	153	8	hypothesized	hypothesize	VERB
escjerps-2131	153	9	a	a	DET
escjerps-2131	153	10	significant	significant	ADJ
escjerps-2131	153	11	nexus	nexus	NOUN
escjerps-2131	153	12	between	between	ADP
escjerps-2131	153	13	investing	invest	VERB
escjerps-2131	153	14	activities	activity	NOUN
escjerps-2131	153	15	of	of	ADP
escjerps-2131	153	16	oil	oil	NOUN
escjerps-2131	153	17	and	and	CCONJ
escjerps-2131	153	18	gas	gas	NOUN
escjerps-2131	153	19	sector	sector	NOUN
escjerps-2131	153	20	firms	firm	NOUN
escjerps-2131	153	21	listed	list	VERB
escjerps-2131	153	22	on	on	ADP
escjerps-2131	153	23	nigeria	nigeria	PROPN
escjerps-2131	153	24	exchange	exchange	PROPN
escjerps-2131	153	25	group	group	NOUN
escjerps-2131	153	26	using	use	VERB
escjerps-2131	153	27	two	two	NUM
escjerps-2131	153	28	variables	variable	NOUN
escjerps-2131	153	29	such	such	ADJ
escjerps-2131	153	30	as	as	ADP
escjerps-2131	153	31	equity	equity	NOUN
escjerps-2131	153	32	to	to	ADP
escjerps-2131	153	33	capital	capital	NOUN
escjerps-2131	153	34	employed	employ	VERB
escjerps-2131	153	35	ratio	ratio	NOUN
escjerps-2131	153	36	(	(	PUNCT
escjerps-2131	153	37	ecr	ecr	PROPN
escjerps-2131	153	38	)	)	PUNCT
escjerps-2131	153	39	and	and	CCONJ
escjerps-2131	153	40	debt	debt	NOUN
escjerps-2131	153	41	to	to	ADP
escjerps-2131	153	42	equity	equity	NOUN
escjerps-2131	153	43	ratio	ratio	NOUN
escjerps-2131	153	44	(	(	PUNCT
escjerps-2131	153	45	der	der	NOUN
escjerps-2131	153	46	)	)	PUNCT
escjerps-2131	153	47	to	to	PART
escjerps-2131	153	48	represent	represent	VERB
escjerps-2131	153	49	investing	investing	NOUN
escjerps-2131	153	50	activities	activity	NOUN
escjerps-2131	153	51	and	and	CCONJ
escjerps-2131	153	52	performance	performance	NOUN
escjerps-2131	153	53	is	be	AUX
escjerps-2131	153	54	represent	represent	VERB
escjerps-2131	153	55	by	by	ADP
escjerps-2131	153	56	return	return	NOUN
escjerps-2131	153	57	on	on	ADP
escjerps-2131	153	58	equity	equity	NOUN
escjerps-2131	153	59	.	.	PUNCT
escjerps-2131	154	1	the	the	DET
escjerps-2131	154	2	study	study	NOUN
escjerps-2131	154	3	hypotheses	hypothesis	NOUN
escjerps-2131	154	4	were	be	AUX
escjerps-2131	154	5	analyzed	analyze	VERB
escjerps-2131	154	6	using	use	VERB
escjerps-2131	154	7	the	the	DET
escjerps-2131	154	8	simple	simple	ADJ
escjerps-2131	154	9	regression	regression	NOUN
escjerps-2131	154	10	with	with	ADP
escjerps-2131	154	11	the	the	DET
escjerps-2131	154	12	help	help	NOUN
escjerps-2131	154	13	of	of	ADP
escjerps-2131	154	14	e	e	NOUN
escjerps-2131	154	15	-	-	NOUN
escjerps-2131	154	16	view	view	ADJ
escjerps-2131	154	17	statistical	statistical	ADJ
escjerps-2131	154	18	package	package	NOUN
escjerps-2131	154	19	.	.	PUNCT
escjerps-2131	155	1	our	our	PRON
escjerps-2131	155	2	findings	finding	NOUN
escjerps-2131	155	3	revealed	reveal	VERB
escjerps-2131	155	4	that	that	SCONJ
escjerps-2131	155	5	:	:	PUNCT
escjerps-2131	155	6	equity	equity	NOUN
escjerps-2131	155	7	to	to	ADP
escjerps-2131	155	8	capital	capital	NOUN
escjerps-2131	155	9	employed	employ	VERB
escjerps-2131	155	10	ratio	ratio	NOUN
escjerps-2131	155	11	(	(	PUNCT
escjerps-2131	155	12	ecr	ecr	PROPN
escjerps-2131	155	13	)	)	PUNCT
escjerps-2131	155	14	which	which	PRON
escjerps-2131	155	15	is	be	AUX
escjerps-2131	155	16	an	an	DET
escjerps-2131	155	17	element	element	NOUN
escjerps-2131	155	18	of	of	ADP
escjerps-2131	155	19	investing	investing	NOUN
escjerps-2131	155	20	activities	activity	NOUN
escjerps-2131	155	21	has	have	VERB
escjerps-2131	155	22	a	a	DET
escjerps-2131	155	23	coefficient	coefficient	NOUN
escjerps-2131	155	24	of	of	ADP
escjerps-2131	155	25	7.393806	7.393806	NUM
escjerps-2131	155	26	,	,	PUNCT
escjerps-2131	155	27	and	and	CCONJ
escjerps-2131	155	28	statistical	statistical	ADJ
escjerps-2131	155	29	value	value	NOUN
escjerps-2131	155	30	of	of	ADP
escjerps-2131	155	31	0.0405	0.0405	NUM
escjerps-2131	155	32	which	which	PRON
escjerps-2131	155	33	is	be	AUX
escjerps-2131	155	34	within	within	ADP
escjerps-2131	155	35	the	the	DET
escjerps-2131	155	36	5	5	NUM
escjerps-2131	155	37	%	%	NOUN
escjerps-2131	155	38	significant	significant	ADJ
escjerps-2131	155	39	level	level	NOUN
escjerps-2131	155	40	.	.	PUNCT
escjerps-2131	156	1	therefore	therefore	ADV
escjerps-2131	156	2	we	we	PRON
escjerps-2131	156	3	can	can	AUX
escjerps-2131	156	4	conclude	conclude	VERB
escjerps-2131	156	5	that	that	SCONJ
escjerps-2131	156	6	investing	investing	NOUN
escjerps-2131	156	7	activities	activity	NOUN
escjerps-2131	156	8	has	have	VERB
escjerps-2131	156	9	statistical	statistical	ADJ
escjerps-2131	156	10	significant	significant	ADJ
escjerps-2131	156	11	impact	impact	NOUN
escjerps-2131	156	12	on	on	ADP
escjerps-2131	156	13	performance	performance	NOUN
escjerps-2131	156	14	,	,	PUNCT
escjerps-2131	156	15	therefore	therefore	ADV
escjerps-2131	156	16	we	we	PRON
escjerps-2131	156	17	reject	reject	VERB
escjerps-2131	156	18	our	our	PRON
escjerps-2131	156	19	null	null	ADJ
escjerps-2131	156	20	hypothesis	hypothesis	NOUN
escjerps-2131	156	21	for	for	ADP
escjerps-2131	156	22	our	our	PRON
escjerps-2131	156	23	study	study	NOUN
escjerps-2131	156	24	;	;	PUNCT
escjerps-2131	156	25	and	and	CCONJ
escjerps-2131	156	26	debt	debt	NOUN
escjerps-2131	156	27	to	to	ADP
escjerps-2131	156	28	equity	equity	NOUN
escjerps-2131	156	29	ratio	ratio	NOUN
escjerps-2131	156	30	(	(	PUNCT
escjerps-2131	156	31	der	der	PROPN
escjerps-2131	156	32	)	)	PUNCT
escjerps-2131	156	33	which	which	PRON
escjerps-2131	156	34	is	be	AUX
escjerps-2131	156	35	an	an	DET
escjerps-2131	156	36	element	element	NOUN
escjerps-2131	156	37	of	of	ADP
escjerps-2131	156	38	investing	investing	NOUN
escjerps-2131	156	39	activities	activity	NOUN
escjerps-2131	156	40	has	have	VERB
escjerps-2131	156	41	a	a	DET
escjerps-2131	156	42	coefficient	coefficient	NOUN
escjerps-2131	156	43	of	of	ADP
escjerps-2131	156	44	-2.922808	-2.922808	NOUN
escjerps-2131	156	45	,	,	PUNCT
escjerps-2131	156	46	and	and	CCONJ
escjerps-2131	156	47	statistical	statistical	ADJ
escjerps-2131	156	48	value	value	NOUN
escjerps-2131	156	49	of	of	ADP
escjerps-2131	156	50	0.0247which	0.0247which	NOUN
escjerps-2131	156	51	is	be	AUX
escjerps-2131	156	52	within	within	ADP
escjerps-2131	156	53	the	the	DET
escjerps-2131	156	54	5	5	NUM
escjerps-2131	156	55	%	%	NOUN
escjerps-2131	156	56	significant	significant	ADJ
escjerps-2131	156	57	level	level	NOUN
escjerps-2131	156	58	.	.	PUNCT
escjerps-2131	157	1	therefore	therefore	ADV
escjerps-2131	157	2	we	we	PRON
escjerps-2131	157	3	can	can	AUX
escjerps-2131	157	4	conclude	conclude	VERB
escjerps-2131	157	5	that	that	SCONJ
escjerps-2131	157	6	investing	investing	NOUN
escjerps-2131	157	7	activities	activity	NOUN
escjerps-2131	157	8	has	have	VERB
escjerps-2131	157	9	statistical	statistical	ADJ
escjerps-2131	157	10	significant	significant	ADJ
escjerps-2131	157	11	impact	impact	NOUN
escjerps-2131	157	12	on	on	ADP
escjerps-2131	157	13	performance	performance	NOUN
escjerps-2131	157	14	,	,	PUNCT
escjerps-2131	157	15	therefore	therefore	ADV
escjerps-2131	157	16	we	we	PRON
escjerps-2131	157	17	reject	reject	VERB
escjerps-2131	157	18	our	our	PRON
escjerps-2131	157	19	nullhy	nullhy	ADJ
escjerps-2131	157	20	pothesis	pothesis	NOUN
escjerps-2131	157	21	for	for	ADP
escjerps-2131	157	22	our	our	PRON
escjerps-2131	157	23	study	study	NOUN
escjerps-2131	157	24	.	.	PUNCT
escjerps-2131	158	1	192	192	NUM
escjerps-2131	159	1	|	|	ADV
escjerps-2131	159	2	p	p	X
escjerps-2131	159	3	a	a	DET
escjerps-2131	159	4	g	g	NOUN
escjerps-2131	159	5	e	e	NOUN
escjerps-2131	159	6	conclusion	conclusion	NOUN
escjerps-2131	159	7	in	in	ADP
escjerps-2131	159	8	view	view	NOUN
escjerps-2131	159	9	of	of	ADP
escjerps-2131	159	10	the	the	DET
escjerps-2131	159	11	research	research	NOUN
escjerps-2131	159	12	findings	finding	NOUN
escjerps-2131	159	13	,	,	PUNCT
escjerps-2131	159	14	we	we	PRON
escjerps-2131	159	15	concluded	conclude	VERB
escjerps-2131	159	16	that	that	SCONJ
escjerps-2131	159	17	:	:	PUNCT
escjerps-2131	159	18	the	the	DET
escjerps-2131	159	19	statistical	statistical	ADJ
escjerps-2131	159	20	and	and	CCONJ
escjerps-2131	159	21	empirical	empirical	ADJ
escjerps-2131	159	22	evidence	evidence	NOUN
escjerps-2131	159	23	from	from	ADP
escjerps-2131	159	24	the	the	DET
escjerps-2131	159	25	study	study	NOUN
escjerps-2131	159	26	thus	thus	ADV
escjerps-2131	159	27	far	far	ADV
escjerps-2131	159	28	on	on	ADP
escjerps-2131	159	29	the	the	DET
escjerps-2131	159	30	implication	implication	NOUN
escjerps-2131	159	31	of	of	ADP
escjerps-2131	159	32	investing	invest	VERB
escjerps-2131	159	33	activities	activity	NOUN
escjerps-2131	159	34	(	(	PUNCT
escjerps-2131	159	35	ecr	ecr	NOUN
escjerps-2131	159	36	and	and	CCONJ
escjerps-2131	159	37	der	der	NOUN
escjerps-2131	159	38	)	)	PUNCT
escjerps-2131	159	39	and	and	CCONJ
escjerps-2131	159	40	performance	performance	NOUN
escjerps-2131	159	41	(	(	PUNCT
escjerps-2131	159	42	roe	roe	NOUN
escjerps-2131	159	43	)	)	PUNCT
escjerps-2131	159	44	of	of	ADP
escjerps-2131	159	45	oil	oil	NOUN
escjerps-2131	159	46	and	and	CCONJ
escjerps-2131	159	47	gas	gas	NOUN
escjerps-2131	159	48	sector	sector	NOUN
escjerps-2131	159	49	firms	firm	NOUN
escjerps-2131	159	50	listed	list	VERB
escjerps-2131	159	51	on	on	ADP
escjerps-2131	159	52	nigeria	nigeria	PROPN
escjerps-2131	159	53	exchange	exchange	PROPN
escjerps-2131	159	54	group	group	NOUN
escjerps-2131	159	55	showed	show	VERB
escjerps-2131	159	56	that	that	SCONJ
escjerps-2131	159	57	investing	investing	NOUN
escjerps-2131	159	58	activities	activity	NOUN
escjerps-2131	159	59	has	have	VERB
escjerps-2131	159	60	a	a	DET
escjerps-2131	159	61	significant	significant	ADJ
escjerps-2131	159	62	impact	impact	NOUN
escjerps-2131	159	63	on	on	ADP
escjerps-2131	159	64	performance	performance	NOUN
escjerps-2131	159	65	.	.	PUNCT
escjerps-2131	160	1	eight	eight	NUM
escjerps-2131	160	2	(	(	PUNCT
escjerps-2131	160	3	8)	8)	NUM
escjerps-2131	160	4	firms	firm	NOUN
escjerps-2131	160	5	was	be	AUX
escjerps-2131	160	6	used	use	VERB
escjerps-2131	160	7	for	for	ADP
escjerps-2131	160	8	the	the	DET
escjerps-2131	160	9	study	study	NOUN
escjerps-2131	160	10	such	such	ADJ
escjerps-2131	160	11	as	as	ADP
escjerps-2131	160	12	:	:	SYM
escjerps-2131	160	13	11	11	NUM
escjerps-2131	160	14	plc	plc	PROPN
escjerps-2131	160	15	formally	formally	ADV
escjerps-2131	160	16	mobil	mobil	PROPN
escjerps-2131	160	17	oil	oil	PROPN
escjerps-2131	160	18	nigeria	nigeria	PROPN
escjerps-2131	160	19	plc	plc	PROPN
escjerps-2131	160	20	,	,	PUNCT
escjerps-2131	160	21	anino	anino	PROPN
escjerps-2131	160	22	international	international	PROPN
escjerps-2131	160	23	plc	plc	PROPN
escjerps-2131	160	24	,	,	PUNCT
escjerps-2131	160	25	coinoil	coinoil	PROPN
escjerps-2131	160	26	plc	plc	PROPN
escjerps-2131	160	27	,	,	PUNCT
escjerps-2131	160	28	eterna	eterna	PROPN
escjerps-2131	160	29	plc	plc	PROPN
escjerps-2131	160	30	,	,	PUNCT
escjerps-2131	160	31	ardova	ardova	PROPN
escjerps-2131	160	32	plc	plc	PROPN
escjerps-2131	160	33	formally	formally	ADV
escjerps-2131	160	34	fortoil	fortoil	PROPN
escjerps-2131	160	35	,	,	PUNCT
escjerps-2131	160	36	japaul	japaul	VERB
escjerps-2131	160	37	oil	oil	NOUN
escjerps-2131	160	38	and	and	CCONJ
escjerps-2131	160	39	maritime	maritime	PROPN
escjerps-2131	160	40	service	service	PROPN
escjerps-2131	160	41	plc	plc	PROPN
escjerps-2131	160	42	,	,	PUNCT
escjerps-2131	160	43	seplat	seplat	ADJ
escjerps-2131	160	44	petroleum	petroleum	NOUN
escjerps-2131	160	45	development	development	PROPN
escjerps-2131	160	46	company	company	PROPN
escjerps-2131	160	47	plc	plc	PROPN
escjerps-2131	160	48	and	and	CCONJ
escjerps-2131	160	49	total	total	PROPN
escjerps-2131	160	50	nigeria	nigeria	PROPN
escjerps-2131	160	51	plc	plc	PROPN
escjerps-2131	160	52	.	.	PROPN
escjerps-2131	161	1	with	with	ADP
escjerps-2131	161	2	data	datum	NOUN
escjerps-2131	161	3	from	from	ADP
escjerps-2131	161	4	2020	2020	NUM
escjerps-2131	161	5	to	to	ADP
escjerps-2131	161	6	2013	2013	NUM
escjerps-2131	161	7	,	,	PUNCT
escjerps-2131	161	8	the	the	DET
escjerps-2131	161	9	result	result	NOUN
escjerps-2131	161	10	show	show	VERB
escjerps-2131	161	11	that	that	SCONJ
escjerps-2131	161	12	the	the	DET
escjerps-2131	161	13	companies	company	NOUN
escjerps-2131	161	14	experience	experience	VERB
escjerps-2131	161	15	a	a	DET
escjerps-2131	161	16	weak	weak	ADJ
escjerps-2131	161	17	level	level	NOUN
escjerps-2131	161	18	of	of	ADP
escjerps-2131	161	19	activities	activity	NOUN
escjerps-2131	161	20	between	between	ADP
escjerps-2131	161	21	the	the	DET
escjerps-2131	161	22	period	period	NOUN
escjerps-2131	161	23	of	of	ADP
escjerps-2131	161	24	2016	2016	NUM
escjerps-2131	161	25	and	and	CCONJ
escjerps-2131	161	26	2015	2015	NUM
escjerps-2131	161	27	however	however	ADV
escjerps-2131	161	28	the	the	DET
escjerps-2131	161	29	company	company	NOUN
escjerps-2131	161	30	recovered	recover	VERB
escjerps-2131	161	31	in	in	ADP
escjerps-2131	161	32	2017	2017	NUM
escjerps-2131	161	33	and	and	CCONJ
escjerps-2131	161	34	recorded	record	VERB
escjerps-2131	161	35	its	its	PRON
escjerps-2131	161	36	highest	high	ADJ
escjerps-2131	161	37	return	return	NOUN
escjerps-2131	161	38	on	on	ADP
escjerps-2131	161	39	equity	equity	NOUN
escjerps-2131	161	40	in	in	ADP
escjerps-2131	161	41	2019(0.2332	2019(0.2332	NUM
escjerps-2131	161	42	)	)	PUNCT
escjerps-2131	161	43	.	.	PUNCT
escjerps-2131	162	1	in	in	ADP
escjerps-2131	162	2	a	a	DET
escjerps-2131	162	3	nutshell	nutshell	NOUN
escjerps-2131	162	4	the	the	DET
escjerps-2131	162	5	findings	finding	NOUN
escjerps-2131	162	6	also	also	ADV
escjerps-2131	162	7	revealed	reveal	VERB
escjerps-2131	162	8	that	that	SCONJ
escjerps-2131	162	9	a	a	DET
escjerps-2131	162	10	negative	negative	ADJ
escjerps-2131	162	11	profit	profit	NOUN
escjerps-2131	162	12	does	do	AUX
escjerps-2131	162	13	n’t	not	PART
escjerps-2131	162	14	opined	opine	VERB
escjerps-2131	162	15	an	an	DET
escjerps-2131	162	16	extinction	extinction	NOUN
escjerps-2131	162	17	of	of	ADP
escjerps-2131	162	18	an	an	DET
escjerps-2131	162	19	entity	entity	NOUN
escjerps-2131	162	20	however	however	ADV
escjerps-2131	162	21	if	if	SCONJ
escjerps-2131	162	22	leverage	leverage	NOUN
escjerps-2131	162	23	is	be	AUX
escjerps-2131	162	24	sorted	sort	VERB
escjerps-2131	162	25	and	and	CCONJ
escjerps-2131	162	26	properly	properly	ADV
escjerps-2131	162	27	matched	match	VERB
escjerps-2131	162	28	it	it	PRON
escjerps-2131	162	29	can	can	AUX
escjerps-2131	162	30	lead	lead	VERB
escjerps-2131	162	31	to	to	ADP
escjerps-2131	162	32	an	an	DET
escjerps-2131	162	33	entity	entity	NOUN
escjerps-2131	162	34	recovery	recovery	NOUN
escjerps-2131	162	35	,	,	PUNCT
escjerps-2131	162	36	which	which	PRON
escjerps-2131	162	37	was	be	AUX
escjerps-2131	162	38	depicted	depict	VERB
escjerps-2131	162	39	in	in	ADP
escjerps-2131	162	40	the	the	DET
escjerps-2131	162	41	study	study	NOUN
escjerps-2131	162	42	in	in	ADP
escjerps-2131	162	43	table	table	NOUN
escjerps-2131	162	44	one	one	NUM
escjerps-2131	162	45	and	and	CCONJ
escjerps-2131	162	46	two	two	NUM
escjerps-2131	162	47	above	above	ADP
escjerps-2131	162	48	i.e.	i.e.	X
escjerps-2131	162	49	when	when	SCONJ
escjerps-2131	162	50	the	the	DET
escjerps-2131	162	51	firms	firm	NOUN
escjerps-2131	162	52	experienced	experience	VERB
escjerps-2131	162	53	financial	financial	ADJ
escjerps-2131	162	54	downturn	downturn	NOUN
escjerps-2131	162	55	the	the	DET
escjerps-2131	162	56	resorted	resorted	ADJ
escjerps-2131	162	57	to	to	ADP
escjerps-2131	162	58	borrowing	borrow	VERB
escjerps-2131	162	59	more	more	ADJ
escjerps-2131	162	60	which	which	PRON
escjerps-2131	162	61	helped	help	VERB
escjerps-2131	162	62	them	they	PRON
escjerps-2131	162	63	recovered	recover	VERB
escjerps-2131	162	64	in	in	ADP
escjerps-2131	162	65	the	the	DET
escjerps-2131	162	66	short	short	ADJ
escjerps-2131	162	67	run	run	NOUN
escjerps-2131	162	68	.	.	PUNCT
escjerps-2131	163	1	recommendations	recommendation	NOUN
escjerps-2131	163	2	based	base	VERB
escjerps-2131	163	3	on	on	ADP
escjerps-2131	163	4	the	the	DET
escjerps-2131	163	5	research	research	NOUN
escjerps-2131	163	6	findings	finding	NOUN
escjerps-2131	163	7	regarding	regard	VERB
escjerps-2131	163	8	the	the	DET
escjerps-2131	163	9	implication	implication	NOUN
escjerps-2131	163	10	of	of	ADP
escjerps-2131	163	11	investing	invest	VERB
escjerps-2131	163	12	activities	activity	NOUN
escjerps-2131	163	13	(	(	PUNCT
escjerps-2131	163	14	ecr	ecr	NOUN
escjerps-2131	163	15	and	and	CCONJ
escjerps-2131	163	16	der	der	NOUN
escjerps-2131	163	17	)	)	PUNCT
escjerps-2131	163	18	and	and	CCONJ
escjerps-2131	163	19	performance	performance	NOUN
escjerps-2131	163	20	(	(	PUNCT
escjerps-2131	163	21	roe	roe	NOUN
escjerps-2131	163	22	)	)	PUNCT
escjerps-2131	163	23	of	of	ADP
escjerps-2131	163	24	oil	oil	NOUN
escjerps-2131	163	25	and	and	CCONJ
escjerps-2131	163	26	gas	gas	NOUN
escjerps-2131	163	27	sector	sector	NOUN
escjerps-2131	163	28	firms	firm	NOUN
escjerps-2131	163	29	listed	list	VERB
escjerps-2131	163	30	on	on	ADP
escjerps-2131	163	31	nigeria	nigeria	PROPN
escjerps-2131	163	32	exchange	exchange	PROPN
escjerps-2131	163	33	group	group	NOUN
escjerps-2131	163	34	showed	show	VERB
escjerps-2131	163	35	that	that	SCONJ
escjerps-2131	163	36	investing	investing	NOUN
escjerps-2131	163	37	activities	activity	NOUN
escjerps-2131	163	38	has	have	VERB
escjerps-2131	163	39	a	a	DET
escjerps-2131	163	40	significant	significant	ADJ
escjerps-2131	163	41	impact	impact	NOUN
escjerps-2131	163	42	on	on	ADP
escjerps-2131	163	43	performance	performance	NOUN
escjerps-2131	163	44	,	,	PUNCT
escjerps-2131	163	45	we	we	PRON
escjerps-2131	163	46	therefore	therefore	ADV
escjerps-2131	163	47	recommended	recommend	VERB
escjerps-2131	163	48	that	that	SCONJ
escjerps-2131	163	49	:	:	PUNCT
escjerps-2131	163	50	i.	i.	NOUN
escjerps-2131	163	51	the	the	DET
escjerps-2131	163	52	creditors	creditor	NOUN
escjerps-2131	163	53	should	should	AUX
escjerps-2131	163	54	not	not	PART
escjerps-2131	163	55	hesitate	hesitate	VERB
escjerps-2131	163	56	to	to	PART
escjerps-2131	163	57	give	give	VERB
escjerps-2131	163	58	loan	loan	NOUN
escjerps-2131	163	59	to	to	ADP
escjerps-2131	163	60	firms	firm	NOUN
escjerps-2131	163	61	and	and	CCONJ
escjerps-2131	163	62	most	most	ADJ
escjerps-2131	163	63	especially	especially	ADV
escjerps-2131	163	64	the	the	DET
escjerps-2131	163	65	oil	oil	NOUN
escjerps-2131	163	66	and	and	CCONJ
escjerps-2131	163	67	gas	gas	NOUN
escjerps-2131	163	68	companies	company	NOUN
escjerps-2131	163	69	because	because	SCONJ
escjerps-2131	163	70	they	they	PRON
escjerps-2131	163	71	play	play	VERB
escjerps-2131	163	72	a	a	DET
escjerps-2131	163	73	great	great	ADJ
escjerps-2131	163	74	role	role	NOUN
escjerps-2131	163	75	in	in	ADP
escjerps-2131	163	76	the	the	DET
escjerps-2131	163	77	economy	economy	NOUN
escjerps-2131	163	78	;	;	PUNCT
escjerps-2131	163	79	ii	ii	X
escjerps-2131	163	80	.	.	PUNCT
escjerps-2131	164	1	managers	manager	NOUN
escjerps-2131	164	2	should	should	AUX
escjerps-2131	164	3	source	source	VERB
escjerps-2131	164	4	for	for	ADP
escjerps-2131	164	5	external	external	ADJ
escjerps-2131	164	6	sources	source	NOUN
escjerps-2131	164	7	of	of	ADP
escjerps-2131	164	8	financing	financing	NOUN
escjerps-2131	164	9	to	to	PART
escjerps-2131	164	10	boost	boost	VERB
escjerps-2131	164	11	its	its	PRON
escjerps-2131	164	12	activities	activity	NOUN
escjerps-2131	164	13	before	before	ADP
escjerps-2131	164	14	internal	internal	ADJ
escjerps-2131	164	15	sources	source	NOUN
escjerps-2131	164	16	,	,	PUNCT
escjerps-2131	164	17	the	the	DET
escjerps-2131	164	18	findings	finding	NOUN
escjerps-2131	164	19	above	above	ADV
escjerps-2131	164	20	revealed	reveal	VERB
escjerps-2131	164	21	that	that	SCONJ
escjerps-2131	164	22	the	the	DET
escjerps-2131	164	23	external	external	ADJ
escjerps-2131	164	24	sources	source	NOUN
escjerps-2131	164	25	has	have	AUX
escjerps-2131	164	26	helped	help	VERB
escjerps-2131	164	27	revitalized	revitalize	VERB
escjerps-2131	164	28	the	the	DET
escjerps-2131	164	29	sector	sector	NOUN
escjerps-2131	164	30	;	;	PUNCT
escjerps-2131	164	31	iii	iii	X
escjerps-2131	164	32	.	.	PUNCT
escjerps-2131	165	1	the	the	DET
escjerps-2131	165	2	government	government	NOUN
escjerps-2131	165	3	should	should	AUX
escjerps-2131	165	4	create	create	VERB
escjerps-2131	165	5	an	an	DET
escjerps-2131	165	6	enabling	enable	VERB
escjerps-2131	165	7	environment	environment	NOUN
escjerps-2131	165	8	for	for	ADP
escjerps-2131	165	9	firms	firm	NOUN
escjerps-2131	165	10	in	in	ADP
escjerps-2131	165	11	this	this	DET
escjerps-2131	165	12	sector	sector	NOUN
escjerps-2131	165	13	to	to	PART
escjerps-2131	165	14	operate	operate	VERB
escjerps-2131	165	15	effectively	effectively	ADV
escjerps-2131	165	16	and	and	CCONJ
escjerps-2131	165	17	efficiently	efficiently	ADV
escjerps-2131	165	18	;	;	PUNCT
escjerps-2131	165	19	iv	iv	X
escjerps-2131	165	20	.	.	PUNCT
escjerps-2131	166	1	the	the	DET
escjerps-2131	166	2	government	government	NOUN
escjerps-2131	166	3	should	should	AUX
escjerps-2131	166	4	also	also	ADV
escjerps-2131	166	5	make	make	VERB
escjerps-2131	166	6	soft	soft	ADJ
escjerps-2131	166	7	loans	loan	NOUN
escjerps-2131	166	8	available	available	ADJ
escjerps-2131	166	9	to	to	ADP
escjerps-2131	166	10	entity	entity	NOUN
escjerps-2131	166	11	during	during	ADP
escjerps-2131	166	12	a	a	DET
escjerps-2131	166	13	financial	financial	ADJ
escjerps-2131	166	14	challenging	challenging	ADJ
escjerps-2131	166	15	periods	period	NOUN
escjerps-2131	166	16	just	just	ADV
escjerps-2131	166	17	like	like	ADP
escjerps-2131	166	18	what	what	PRON
escjerps-2131	166	19	happened	happen	VERB
escjerps-2131	166	20	in	in	ADP
escjerps-2131	166	21	2016	2016	NUM
escjerps-2131	166	22	and	and	CCONJ
escjerps-2131	166	23	2015	2015	NUM
escjerps-2131	166	24	of	of	ADP
escjerps-2131	166	25	the	the	DET
escjerps-2131	166	26	study	study	NOUN
escjerps-2131	166	27	;	;	PUNCT
escjerps-2131	166	28	and	and	CCONJ
escjerps-2131	166	29	v.	v.	ADP
escjerps-2131	166	30	manager	manager	NOUN
escjerps-2131	166	31	should	should	AUX
escjerps-2131	166	32	match	match	VERB
escjerps-2131	166	33	its	its	PRON
escjerps-2131	166	34	investing	investing	NOUN
escjerps-2131	166	35	activities	activity	NOUN
escjerps-2131	166	36	properly	properly	ADV
escjerps-2131	166	37	to	to	PART
escjerps-2131	166	38	avoid	avoid	VERB
escjerps-2131	166	39	over	over	ADP
escjerps-2131	166	40	matching	match	VERB
escjerps-2131	166	41	and	and	CCONJ
escjerps-2131	166	42	mismatching	mismatching	NOUN
escjerps-2131	166	43	of	of	ADP
escjerps-2131	166	44	financial	financial	ADJ
escjerps-2131	166	45	resources	resource	NOUN
escjerps-2131	166	46	,	,	PUNCT
escjerps-2131	166	47	if	if	SCONJ
escjerps-2131	166	48	this	this	PRON
escjerps-2131	166	49	is	be	AUX
escjerps-2131	166	50	not	not	PART
escjerps-2131	166	51	done	do	VERB
escjerps-2131	166	52	it	it	PRON
escjerps-2131	166	53	may	may	AUX
escjerps-2131	166	54	affect	affect	VERB
escjerps-2131	166	55	company	company	NOUN
escjerps-2131	166	56	going	go	VERB
escjerps-2131	166	57	concern	concern	NOUN
escjerps-2131	166	58	negatively	negatively	ADV
escjerps-2131	166	59	in	in	ADP
escjerps-2131	166	60	the	the	DET
escjerps-2131	166	61	long	long	ADJ
escjerps-2131	166	62	run	run	NOUN
escjerps-2131	166	63	,	,	PUNCT
escjerps-2131	166	64	which	which	PRON
escjerps-2131	166	65	will	will	AUX
escjerps-2131	166	66	result	result	VERB
escjerps-2131	166	67	to	to	ADP
escjerps-2131	166	68	employees	employee	NOUN
escjerps-2131	166	69	lay	lie	VERB
escjerps-2131	166	70	off	off	ADP
escjerps-2131	166	71	,	,	PUNCT
escjerps-2131	166	72	shortfall	shortfall	NOUN
escjerps-2131	166	73	of	of	ADP
escjerps-2131	166	74	nigeria	nigeria	PROPN
escjerps-2131	166	75	revenue	revenue	NOUN
escjerps-2131	166	76	flows	flow	NOUN
escjerps-2131	166	77	from	from	ADP
escjerps-2131	166	78	this	this	DET
escjerps-2131	166	79	sectors	sector	NOUN
escjerps-2131	166	80	.	.	PUNCT
escjerps-2131	167	1	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngseplat0008	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngseplat0008	NOUN
escjerps-2131	167	2	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngseplat0008	http://www.nse.com.ng/issuers/listed-securities/company-details?isin=ngseplat0008	NOUN
escjerps-2131	167	3	193	193	NUM
escjerps-2131	168	1	|	|	ADV
escjerps-2131	168	2	p	p	ADP
escjerps-2131	168	3	a	a	DET
escjerps-2131	168	4	g	g	NOUN
escjerps-2131	168	5	e	e	NOUN
escjerps-2131	168	6	references	reference	NOUN
escjerps-2131	168	7	:	:	PUNCT
escjerps-2131	168	8	ajibola	ajibola	PROPN
escjerps-2131	168	9	,	,	PUNCT
escjerps-2131	168	10	a.	a.	NOUN
escjerps-2131	168	11	,	,	PUNCT
escjerps-2131	168	12	wisdom	wisdom	NOUN
escjerps-2131	168	13	,	,	PUNCT
escjerps-2131	168	14	o.	o.	NOUN
escjerps-2131	168	15	,	,	PUNCT
escjerps-2131	168	16	&	&	CCONJ
escjerps-2131	168	17	qudus	qudus	NOUN
escjerps-2131	168	18	,	,	PUNCT
escjerps-2131	168	19	o.	o.	PROPN
escjerps-2131	168	20	l.	l.	PROPN
escjerps-2131	168	21	(	(	PUNCT
escjerps-2131	168	22	2018	2018	NUM
escjerps-2131	168	23	)	)	PUNCT
escjerps-2131	168	24	.	.	PUNCT
escjerps-2131	169	1	capital	capital	NOUN
escjerps-2131	169	2	structure	structure	NOUN
escjerps-2131	169	3	and	and	CCONJ
escjerps-2131	169	4	financial	financial	ADJ
escjerps-2131	169	5	performance	performance	NOUN
escjerps-2131	169	6	of	of	ADP
escjerps-2131	169	7	listed	list	VERB
escjerps-2131	169	8	manufacturing	manufacturing	NOUN
escjerps-2131	169	9	firms	firm	NOUN
escjerps-2131	169	10	in	in	ADP
escjerps-2131	169	11	nigeria	nigeria	PROPN
escjerps-2131	169	12	.	.	PUNCT
escjerps-2131	170	1	journal	journal	PROPN
escjerps-2131	170	2	of	of	ADP
escjerps-2131	170	3	research	research	NOUN
escjerps-2131	170	4	in	in	ADP
escjerps-2131	170	5	international	international	ADJ
escjerps-2131	170	6	business	business	NOUN
escjerps-2131	170	7	and	and	CCONJ
escjerps-2131	170	8	management	management	NOUN
escjerps-2131	170	9	,	,	PUNCT
escjerps-2131	170	10	5(1	5(1	NUM
escjerps-2131	170	11	)	)	PUNCT
escjerps-2131	170	12	pp.81	pp.81	PROPN
escjerps-2131	170	13	-	-	PUNCT
escjerps-2131	170	14	89	89	NUM
escjerps-2131	170	15	.	.	PUNCT
escjerps-2131	171	1	akinyomi	akinyomi	PROPN
escjerps-2131	171	2	,	,	PUNCT
escjerps-2131	171	3	j.	j.	PROPN
escjerps-2131	171	4	o.	o.	PROPN
escjerps-2131	171	5	,	,	PUNCT
escjerps-2131	171	6	&	&	CCONJ
escjerps-2131	171	7	olagunju	olagunju	PROPN
escjerps-2131	171	8	,	,	PUNCT
escjerps-2131	171	9	a.	a.	NOUN
escjerps-2131	171	10	(	(	PUNCT
escjerps-2131	171	11	2013	2013	NUM
escjerps-2131	171	12	)	)	PUNCT
escjerps-2131	171	13	.	.	PUNCT
escjerps-2131	172	1	determinants	determinant	NOUN
escjerps-2131	172	2	of	of	ADP
escjerps-2131	172	3	capital	capital	NOUN
escjerps-2131	172	4	structure	structure	NOUN
escjerps-2131	172	5	in	in	ADP
escjerps-2131	172	6	nigeria	nigeria	PROPN
escjerps-2131	172	7	.	.	PUNCT
escjerps-2131	173	1	international	international	ADJ
escjerps-2131	173	2	journal	journal	PROPN
escjerps-2131	173	3	of	of	ADP
escjerps-2131	173	4	innovation	innovation	NOUN
escjerps-2131	173	5	and	and	CCONJ
escjerps-2131	173	6	applied	apply	VERB
escjerps-2131	173	7	studies	study	NOUN
escjerps-2131	173	8	,	,	PUNCT
escjerps-2131	173	9	3(4),999	3(4),999	NOUN
escjerps-2131	173	10	-	-	SYM
escjerps-2131	173	11	1005	1005	NUM
escjerps-2131	173	12	.	.	PUNCT
escjerps-2131	174	1	akpotohwo	akpotohwo	PROPN
escjerps-2131	174	2	,	,	PUNCT
escjerps-2131	174	3	f.	f.	PROPN
escjerps-2131	174	4	c.	c.	PROPN
escjerps-2131	174	5	,	,	PUNCT
escjerps-2131	174	6	ayunku	ayunku	NOUN
escjerps-2131	174	7	,	,	PUNCT
escjerps-2131	174	8	p.	p.	PROPN
escjerps-2131	174	9	e.	e.	PROPN
escjerps-2131	174	10	,	,	PUNCT
escjerps-2131	174	11	&	&	CCONJ
escjerps-2131	174	12	ogeibiri	ogeibiri	PROPN
escjerps-2131	174	13	,	,	PUNCT
escjerps-2131	174	14	c.	c.	PROPN
escjerps-2131	174	15	(	(	PUNCT
escjerps-2131	174	16	2018	2018	NUM
escjerps-2131	174	17	)	)	PUNCT
escjerps-2131	174	18	.	.	PUNCT
escjerps-2131	175	1	financial	financial	ADJ
escjerps-2131	175	2	management	management	NOUN
escjerps-2131	175	3	,	,	PUNCT
escjerps-2131	175	4	(	(	PUNCT
escjerps-2131	175	5	1st	1st	ADJ
escjerps-2131	175	6	ed	ed	NOUN
escjerps-2131	175	7	.	.	PUNCT
escjerps-2131	175	8	)	)	PUNCT
escjerps-2131	175	9	.	.	PUNCT
escjerps-2131	176	1	kelrich	kelrich	ADJ
escjerps-2131	176	2	educational	educational	ADJ
escjerps-2131	176	3	publishers	publisher	NOUN
escjerps-2131	176	4	,	,	PUNCT
escjerps-2131	176	5	bayelsa	bayelsa	PROPN
escjerps-2131	176	6	,	,	PUNCT
escjerps-2131	176	7	nigeria	nigeria	PROPN
escjerps-2131	176	8	.	.	PUNCT
escjerps-2131	177	1	berleand	berleand	PROPN
escjerps-2131	177	2	means	means	PROPN
escjerps-2131	177	3	(	(	PUNCT
escjerps-2131	177	4	1932).the	1932).the	DET
escjerps-2131	177	5	modern	modern	ADJ
escjerps-2131	177	6	corporationand	corporationand	NOUN
escjerps-2131	177	7	private	private	ADJ
escjerps-2131	177	8	property	property	NOUN
escjerps-2131	177	9	.	.	PUNCT
escjerps-2131	178	1	birru	birru	INTJ
escjerps-2131	178	2	,	,	PUNCT
escjerps-2131	178	3	w.	w.	PROPN
escjerps-2131	178	4	m.	m.	PROPN
escjerps-2131	178	5	(	(	PUNCT
escjerps-2131	178	6	2016	2016	NUM
escjerps-2131	178	7	)	)	PUNCT
escjerps-2131	178	8	.	.	PUNCT
escjerps-2131	179	1	the	the	DET
escjerps-2131	179	2	impact	impact	NOUN
escjerps-2131	179	3	of	of	ADP
escjerps-2131	179	4	capital	capital	NOUN
escjerps-2131	179	5	structure	structure	NOUN
escjerps-2131	179	6	on	on	ADP
escjerps-2131	179	7	financial	financial	ADJ
escjerps-2131	179	8	performance	performance	NOUN
escjerps-2131	179	9	of	of	ADP
escjerps-2131	179	10	commercial	commercial	ADJ
escjerps-2131	179	11	banks	bank	NOUN
escjerps-2131	179	12	in	in	ADP
escjerps-2131	179	13	ethiopia	ethiopia	PROPN
escjerps-2131	179	14	.	.	PUNCT
escjerps-2131	180	1	global	global	ADJ
escjerps-2131	180	2	journal	journal	PROPN
escjerps-2131	180	3	of	of	ADP
escjerps-2131	180	4	management	management	NOUN
escjerps-2131	180	5	and	and	CCONJ
escjerps-2131	180	6	business	business	NOUN
escjerps-2131	180	7	research	research	NOUN
escjerps-2131	180	8	,	,	PUNCT
escjerps-2131	180	9	16(8),2249	16(8),2249	NUM
escjerps-2131	180	10	-	-	SYM
escjerps-2131	180	11	4588	4588	NUM
escjerps-2131	180	12	.	.	PUNCT
escjerps-2131	181	1	chandrasekharan	chandrasekharan	PROPN
escjerps-2131	181	2	,	,	PUNCT
escjerps-2131	181	3	c.	c.	PROPN
escjerps-2131	181	4	v.	v.	PROPN
escjerps-2131	181	5	(	(	PUNCT
escjerps-2131	181	6	2012	2012	NUM
escjerps-2131	181	7	)	)	PUNCT
escjerps-2131	181	8	.	.	PUNCT
escjerps-2131	182	1	determinants	determinant	NOUN
escjerps-2131	182	2	of	of	ADP
escjerps-2131	182	3	capital	capital	NOUN
escjerps-2131	182	4	structure	structure	NOUN
escjerps-2131	182	5	in	in	ADP
escjerps-2131	182	6	the	the	DET
escjerps-2131	182	7	nigerian	nigerian	ADJ
escjerps-2131	182	8	listed	list	VERB
escjerps-2131	182	9	firms	firm	NOUN
escjerps-2131	182	10	.	.	PUNCT
escjerps-2131	183	1	international	international	ADJ
escjerps-2131	183	2	journal	journal	NOUN
escjerps-2131	183	3	of	of	ADP
escjerps-2131	183	4	advanced	advanced	ADJ
escjerps-2131	183	5	research	research	NOUN
escjerps-2131	183	6	in	in	ADP
escjerps-2131	183	7	management	management	NOUN
escjerps-2131	183	8	and	and	CCONJ
escjerps-2131	183	9	social	social	ADJ
escjerps-2131	183	10	sciences	science	NOUN
escjerps-2131	183	11	,	,	PUNCT
escjerps-2131	183	12	1(2),2278	1(2),2278	NOUN
escjerps-2131	183	13	-	-	SYM
escjerps-2131	183	14	6236	6236	NUM
escjerps-2131	183	15	.	.	PUNCT
escjerps-2131	184	1	etale	etale	NOUN
escjerps-2131	184	2	,	,	PUNCT
escjerps-2131	184	3	l.	l.	PROPN
escjerps-2131	184	4	m.	m.	PROPN
escjerps-2131	184	5	&	&	CCONJ
escjerps-2131	184	6	uzakah	uzakah	PROPN
escjerps-2131	184	7	,	,	PUNCT
escjerps-2131	184	8	t.	t.	PROPN
escjerps-2131	184	9	(	(	PUNCT
escjerps-2131	184	10	2019	2019	NUM
escjerps-2131	184	11	)	)	PUNCT
escjerps-2131	184	12	.	.	PUNCT
escjerps-2131	185	1	capital	capital	NOUN
escjerps-2131	185	2	structure	structure	NOUN
escjerps-2131	185	3	and	and	CCONJ
escjerps-2131	185	4	firm	firm	ADJ
escjerps-2131	185	5	performance	performance	NOUN
escjerps-2131	185	6	nexus	nexus	NOUN
escjerps-2131	185	7	in	in	ADP
escjerps-2131	185	8	nigeria	nigeria	PROPN
escjerps-2131	185	9	:	:	PUNCT
escjerps-2131	185	10	a	a	DET
escjerps-2131	185	11	case	case	NOUN
escjerps-2131	185	12	study	study	NOUN
escjerps-2131	185	13	of	of	ADP
escjerps-2131	185	14	aluminum	aluminum	NOUN
escjerps-2131	185	15	extrusion	extrusion	NOUN
escjerps-2131	185	16	company	company	NOUN
escjerps-2131	185	17	plc	plc	PROPN
escjerps-2131	185	18	.	.	PUNCT
escjerps-2131	186	1	european	european	PROPN
escjerps-2131	186	2	journal	journal	PROPN
escjerps-2131	186	3	of	of	ADP
escjerps-2131	186	4	accounting	accounting	NOUN
escjerps-2131	186	5	,	,	PUNCT
escjerps-2131	186	6	auditing	auditing	NOUN
escjerps-2131	186	7	and	and	CCONJ
escjerps-2131	186	8	finance	finance	NOUN
escjerps-2131	186	9	research	research	NOUN
escjerps-2131	186	10	,	,	PUNCT
escjerps-2131	186	11	7(10),74	7(10),74	NUM
escjerps-2131	186	12	-	-	SYM
escjerps-2131	186	13	89	89	NUM
escjerps-2131	186	14	.	.	PUNCT
escjerps-2131	187	1	etale	etale	NOUN
escjerps-2131	187	2	,	,	PUNCT
escjerps-2131	187	3	l.m.(2020).dangotecementplccapitalstructureandfinancialperformancelinkin	l.m.(2020).dangotecementplccapitalstructureandfinancialperformancelinkin	X
escjerps-2131	187	4	nigeria	nigeria	PROPN
escjerps-2131	187	5	:	:	PUNCT
escjerps-2131	187	6	empiricalanalysis	empiricalanalysis	NOUN
escjerps-2131	187	7	.	.	PUNCT
escjerps-2131	188	1	america	america	PROPN
escjerps-2131	188	2	international	international	PROPN
escjerps-2131	188	3	journal	journal	PROPN
escjerps-2131	188	4	of	of	ADP
escjerps-2131	188	5	business	business	NOUN
escjerps-2131	188	6	management	management	NOUN
escjerps-2131	188	7	,	,	PUNCT
escjerps-2131	188	8	3(8),1	3(8),1	NUM
escjerps-2131	188	9	-	-	SYM
escjerps-2131	188	10	10	10	NUM
escjerps-2131	188	11	.	.	PUNCT
escjerps-2131	189	1	etale	etale	NOUN
escjerps-2131	189	2	,	,	PUNCT
escjerps-2131	189	3	l.	l.	PROPN
escjerps-2131	189	4	m.	m.	PROPN
escjerps-2131	189	5	,	,	PUNCT
escjerps-2131	189	6	edoumiekumo	edoumiekumo	NOUN
escjerps-2131	189	7	,	,	PUNCT
escjerps-2131	189	8	a.	a.	PROPN
escjerps-2131	189	9	r.	r.	PROPN
escjerps-2131	189	10	,	,	PUNCT
escjerps-2131	189	11	kpolode	kpolode	PROPN
escjerps-2131	189	12	,	,	PUNCT
escjerps-2131	189	13	o.	o.	PROPN
escjerps-2131	189	14	p.	p.	PROPN
escjerps-2131	189	15	,	,	PUNCT
escjerps-2131	189	16	&	&	CCONJ
escjerps-2131	189	17	nkak	nkak	ADJ
escjerps-2131	189	18	,	,	PUNCT
escjerps-2131	189	19	p.	p.	PROPN
escjerps-2131	189	20	e.	e.	PROPN
escjerps-2131	190	1	(	(	PUNCT
escjerps-2131	190	2	2020	2020	NUM
escjerps-2131	190	3	)	)	PUNCT
escjerps-2131	190	4	.	.	PUNCT
escjerps-2131	191	1	capital	capital	NOUN
escjerps-2131	191	2	structure	structure	NOUN
escjerps-2131	191	3	and	and	CCONJ
escjerps-2131	191	4	performance	performance	NOUN
escjerps-2131	191	5	of	of	ADP
escjerps-2131	191	6	selected	select	VERB
escjerps-2131	191	7	industrial	industrial	ADJ
escjerps-2131	191	8	goods	good	NOUN
escjerps-2131	191	9	firms	firm	NOUN
escjerps-2131	191	10	on	on	ADP
escjerps-2131	191	11	the	the	DET
escjerps-2131	191	12	nigerian	nigerian	ADJ
escjerps-2131	191	13	stock	stock	NOUN
escjerps-2131	191	14	market	market	NOUN
escjerps-2131	191	15	.	.	PUNCT
escjerps-2131	192	1	journal	journal	NOUN
escjerps-2131	192	2	of	of	ADP
escjerps-2131	192	3	business	business	NOUN
escjerps-2131	192	4	and	and	CCONJ
escjerps-2131	192	5	management	management	NOUN
escjerps-2131	192	6	,	,	PUNCT
escjerps-2131	192	7	22(7),42	22(7),42	NUM
escjerps-2131	192	8	-	-	SYM
escjerps-2131	192	9	48	48	NUM
escjerps-2131	192	10	.	.	PUNCT
escjerps-2131	193	1	ezenwakwelu	ezenwakwelu	PROPN
escjerps-2131	193	2	,	,	PUNCT
escjerps-2131	193	3	c.	c.	PROPN
escjerps-2131	193	4	,	,	PUNCT
escjerps-2131	193	5	onyeama	onyeama	NOUN
escjerps-2131	193	6	,	,	PUNCT
escjerps-2131	193	7	c.	c.	PROPN
escjerps-2131	193	8	a.	a.	PROPN
escjerps-2131	193	9	,	,	PUNCT
escjerps-2131	193	10	osanebi	osanebi	NOUN
escjerps-2131	193	11	,	,	PUNCT
escjerps-2131	193	12	c.	c.	PROPN
escjerps-2131	193	13	o.	o.	PROPN
escjerps-2131	193	14	,	,	PUNCT
escjerps-2131	193	15	emengini	emengini	PROPN
escjerps-2131	193	16	,	,	PUNCT
escjerps-2131	193	17	e.	e.	PROPN
escjerps-2131	193	18	s.	s.	PROPN
escjerps-2131	193	19	&	&	CCONJ
escjerps-2131	193	20	abugu	abugu	PROPN
escjerps-2131	193	21	,	,	PUNCT
escjerps-2131	193	22	j.	j.	PROPN
escjerps-2131	193	23	o.	o.	PROPN
escjerps-2131	193	24	(	(	PUNCT
escjerps-2131	193	25	2019	2019	NUM
escjerps-2131	193	26	)	)	PUNCT
escjerps-2131	193	27	.	.	PUNCT
escjerps-2131	194	1	capital	capital	NOUN
escjerps-2131	194	2	structure	structure	NOUN
escjerps-2131	194	3	determinants	determinant	NOUN
escjerps-2131	194	4	and	and	CCONJ
escjerps-2131	194	5	performance	performance	NOUN
escjerps-2131	194	6	of	of	ADP
escjerps-2131	194	7	startup	startup	NOUN
escjerps-2131	194	8	firms	firm	NOUN
escjerps-2131	194	9	in	in	ADP
escjerps-2131	194	10	developing	develop	VERB
escjerps-2131	194	11	economies	economy	NOUN
escjerps-2131	194	12	:	:	PUNCT
escjerps-2131	194	13	a	a	DET
escjerps-2131	194	14	conceptual	conceptual	ADJ
escjerps-2131	194	15	review	review	NOUN
escjerps-2131	194	16	.	.	PUNCT
escjerps-2131	195	1	academy	academy	NOUN
escjerps-2131	195	2	of	of	ADP
escjerps-2131	195	3	entrepreneurship	entrepreneurship	NOUN
escjerps-2131	195	4	journal	journal	NOUN
escjerps-2131	195	5	,	,	PUNCT
escjerps-2131	195	6	25(3	25(3	NUM
escjerps-2131	195	7	)	)	PUNCT
escjerps-2131	195	8	,	,	PUNCT
escjerps-2131	195	9	1528	1528	NUM
escjerps-2131	195	10	-	-	SYM
escjerps-2131	195	11	2686	2686	NUM
escjerps-2131	195	12	.	.	PUNCT
escjerps-2131	196	1	fredrick	fredrick	PROPN
escjerps-2131	196	2	,	,	PUNCT
escjerps-2131	196	3	i.	i.	PROPN
escjerps-2131	196	4	&	&	CCONJ
escjerps-2131	196	5	eboiyehi	eboiyehi	PROPN
escjerps-2131	196	6	,	,	PUNCT
escjerps-2131	196	7	o.	o.	PROPN
escjerps-2131	196	8	c.	c.	PROPN
escjerps-2131	196	9	(	(	PUNCT
escjerps-2131	196	10	2018	2018	NUM
escjerps-2131	196	11	)	)	PUNCT
escjerps-2131	196	12	.	.	PUNCT
escjerps-2131	197	1	capital	capital	NOUN
escjerps-2131	197	2	structure	structure	NOUN
escjerps-2131	197	3	and	and	CCONJ
escjerps-2131	197	4	corporate	corporate	ADJ
escjerps-2131	197	5	financial	financial	ADJ
escjerps-2131	197	6	distress	distress	NOUN
escjerps-2131	197	7	of	of	ADP
escjerps-2131	197	8	manufacturing	manufacturing	NOUN
escjerps-2131	197	9	firms	firm	NOUN
escjerps-2131	197	10	in	in	ADP
escjerps-2131	197	11	nigeria	nigeria	PROPN
escjerps-2131	197	12	.	.	PUNCT
escjerps-2131	198	1	journal	journal	PROPN
escjerps-2131	198	2	of	of	ADP
escjerps-2131	198	3	accounting	accounting	NOUN
escjerps-2131	198	4	and	and	CCONJ
escjerps-2131	198	5	taxation	taxation	NOUN
escjerps-2131	198	6	,	,	PUNCT
escjerps-2131	198	7	10(7),78	10(7),78	NUM
escjerps-2131	198	8	-	-	SYM
escjerps-2131	198	9	84	84	NUM
escjerps-2131	198	10	.	.	PUNCT
escjerps-2131	199	1	ganiyu	ganiyu	NOUN
escjerps-2131	199	2	,	,	PUNCT
escjerps-2131	199	3	o.	o.	PROPN
escjerps-2131	199	4	y.	y.	PROPN
escjerps-2131	199	5	,	,	PUNCT
escjerps-2131	199	6	adelopo	adelopo	NOUN
escjerps-2131	199	7	,	,	PUNCT
escjerps-2131	199	8	i.	i.	PROPN
escjerps-2131	199	9	,	,	PUNCT
escjerps-2131	199	10	rodionova	rodionova	PROPN
escjerps-2131	199	11	,	,	PUNCT
escjerps-2131	199	12	y.	y.	PROPN
escjerps-2131	199	13	,	,	PUNCT
escjerps-2131	199	14	&	&	CCONJ
escjerps-2131	199	15	samuel	samuel	PROPN
escjerps-2131	199	16	,	,	PUNCT
escjerps-2131	199	17	l.	l.	PROPN
escjerps-2131	199	18	o.	o.	PROPN
escjerps-2131	199	19	(	(	PUNCT
escjerps-2131	199	20	2019	2019	NUM
escjerps-2131	199	21	)	)	PUNCT
escjerps-2131	199	22	.	.	PUNCT
escjerps-2131	200	1	capital	capital	NOUN
escjerps-2131	200	2	structure	structure	NOUN
escjerps-2131	200	3	and	and	CCONJ
escjerps-2131	200	4	firm	firm	ADJ
escjerps-2131	200	5	performance	performance	NOUN
escjerps-2131	200	6	in	in	ADP
escjerps-2131	200	7	nigeria	nigeria	PROPN
escjerps-2131	200	8	.	.	PUNCT
escjerps-2131	201	1	african	african	ADJ
escjerps-2131	201	2	journal	journal	PROPN
escjerps-2131	201	3	of	of	ADP
escjerps-2131	201	4	economic	economic	ADJ
escjerps-2131	201	5	review,7(1	review,7(1	NOUN
escjerps-2131	201	6	)	)	PUNCT
escjerps-2131	201	7	.	.	PUNCT
escjerps-2131	202	1	javed	javed	PROPN
escjerps-2131	202	2	,	,	PUNCT
escjerps-2131	202	3	t.	t.	PROPN
escjerps-2131	202	4	,younas	,younas	PROPN
escjerps-2131	202	5	,	,	PUNCT
escjerps-2131	202	6	w.	w.	PROPN
escjerps-2131	202	7	,&imran	,&imran	PUNCT
escjerps-2131	202	8	,	,	PUNCT
escjerps-2131	202	9	m.(2014).impactofcapitalstructureonfirmperformance	m.(2014).impactofcapitalstructureonfirmperformance	NOUN
escjerps-2131	202	10	:	:	PUNCT
escjerps-2131	202	11	e	e	NOUN
escjerps-2131	202	12	videncefrompakistanifirms	videncefrompakistanifirm	NOUN
escjerps-2131	202	13	.	.	PUNCT
escjerps-2131	203	1	international	international	ADJ
escjerps-2131	203	2	journal	journal	PROPN
escjerps-2131	203	3	of	of	ADP
escjerps-2131	203	4	academic	academic	ADJ
escjerps-2131	203	5	research	research	NOUN
escjerps-2131	203	6	in	in	ADP
escjerps-2131	203	7	economics	economic	NOUN
escjerps-2131	203	8	and	and	CCONJ
escjerps-2131	203	9	management	management	NOUN
escjerps-2131	203	10	sciences	science	NOUN
escjerps-2131	203	11	,	,	PUNCT
escjerps-2131	203	12	3(5),2226	3(5),2226	NUM
escjerps-2131	203	13	-	-	SYM
escjerps-2131	203	14	3624	3624	NUM
escjerps-2131	203	15	.	.	PUNCT
escjerps-2131	204	1	jensen	jensen	PROPN
escjerps-2131	204	2	m.	m.	PROPN
escjerps-2131	204	3	&	&	CCONJ
escjerps-2131	204	4	meckling	meckling	PROPN
escjerps-2131	204	5	w.	w.	PROPN
escjerps-2131	204	6	(	(	PUNCT
escjerps-2131	204	7	1976	1976	NUM
escjerps-2131	204	8	)	)	PUNCT
escjerps-2131	204	9	.	.	PUNCT
escjerps-2131	205	1	theory	theory	NOUN
escjerps-2131	205	2	of	of	ADP
escjerps-2131	205	3	the	the	DET
escjerps-2131	205	4	firm	firm	NOUN
escjerps-2131	205	5	:	:	PUNCT
escjerps-2131	205	6	managerial	managerial	ADJ
escjerps-2131	205	7	behavior	behavior	NOUN
escjerps-2131	205	8	,	,	PUNCT
escjerps-2131	205	9	agency	agency	NOUN
escjerps-2131	205	10	costs	cost	NOUN
escjerps-2131	205	11	and	and	CCONJ
escjerps-2131	205	12	ownership	ownership	NOUN
escjerps-2131	205	13	structure	structure	NOUN
escjerps-2131	205	14	.	.	PUNCT
escjerps-2131	206	1	journal	journal	NOUN
escjerps-2131	206	2	of	of	ADP
escjerps-2131	206	3	financial	financial	ADJ
escjerps-2131	206	4	economics	economic	NOUN
escjerps-2131	206	5	3,305	3,305	NUM
escjerps-2131	206	6	-	-	SYM
escjerps-2131	206	7	360	360	NUM
escjerps-2131	206	8	.	.	PUNCT
escjerps-2131	207	1	jensen	jensen	PROPN
escjerps-2131	207	2	m.	m.	PROPN
escjerps-2131	207	3	and	and	CCONJ
escjerps-2131	207	4	meckling	meckle	VERB
escjerps-2131	207	5	w.	w.	NOUN
escjerps-2131	207	6	(	(	PUNCT
escjerps-2131	207	7	1976	1976	NUM
escjerps-2131	207	8	)	)	PUNCT
escjerps-2131	207	9	.	.	PUNCT
escjerps-2131	208	1	theory	theory	NOUN
escjerps-2131	208	2	of	of	ADP
escjerps-2131	208	3	the	the	DET
escjerps-2131	208	4	firm	firm	NOUN
escjerps-2131	208	5	:	:	PUNCT
escjerps-2131	208	6	managerial	managerial	ADJ
escjerps-2131	208	7	behavior	behavior	NOUN
escjerps-2131	208	8	,	,	PUNCT
escjerps-2131	208	9	agency	agency	NOUN
escjerps-2131	208	10	costs	cost	NOUN
escjerps-2131	208	11	and	and	CCONJ
escjerps-2131	208	12	ownership	ownership	NOUN
escjerps-2131	208	13	structure	structure	NOUN
escjerps-2131	208	14	.	.	PUNCT
escjerps-2131	209	1	journal	journal	NOUN
escjerps-2131	209	2	of	of	ADP
escjerps-2131	209	3	financial	financial	ADJ
escjerps-2131	209	4	economics	economic	NOUN
escjerps-2131	209	5	3,305	3,305	NUM
escjerps-2131	209	6	-	-	SYM
escjerps-2131	209	7	360	360	NUM
escjerps-2131	209	8	.	.	PUNCT
escjerps-2131	209	9	194	194	NUM
escjerps-2131	210	1	|	|	ADV
escjerps-2131	210	2	p	p	X
escjerps-2131	210	3	a	a	DET
escjerps-2131	210	4	g	g	PROPN
escjerps-2131	210	5	e	e	PROPN
escjerps-2131	210	6	kpolode	kpolode	NOUN
escjerps-2131	210	7	,	,	PUNCT
escjerps-2131	210	8	o.	o.	PROPN
escjerps-2131	210	9	p.	p.	PROPN
escjerps-2131	210	10	,	,	PUNCT
escjerps-2131	210	11	edoumiekumo	edoumiekumo	NOUN
escjerps-2131	210	12	,	,	PUNCT
escjerps-2131	210	13	a.	a.	PROPN
escjerps-2131	210	14	r.	r.	PROPN
escjerps-2131	210	15	,	,	PUNCT
escjerps-2131	210	16	&	&	CCONJ
escjerps-2131	210	17	alfred	alfred	PROPN
escjerps-2131	210	18	,	,	PUNCT
escjerps-2131	210	19	a.	a.	PROPN
escjerps-2131	210	20	d.	d.	PROPN
escjerps-2131	210	21	(	(	PUNCT
escjerps-2131	210	22	2020	2020	NUM
escjerps-2131	210	23	)	)	PUNCT
escjerps-2131	210	24	.	.	PUNCT
escjerps-2131	211	1	11	11	NUM
escjerps-2131	211	2	plc	plc	PROPN
escjerps-2131	211	3	formally	formally	ADV
escjerps-2131	211	4	mobil	mobil	PROPN
escjerps-2131	211	5	oil	oil	PROPN
escjerps-2131	211	6	nigeria	nigeria	PROPN
escjerps-2131	211	7	plc	plc	PROPN
escjerps-2131	211	8	a	a	DET
escjerps-2131	211	9	pre	pre	VERB
escjerps-2131	211	10	and	and	CCONJ
escjerps-2131	211	11	post	post	VERB
escjerps-2131	211	12	analysis	analysis	NOUN
escjerps-2131	211	13	of	of	ADP
escjerps-2131	211	14	capital	capital	NOUN
escjerps-2131	211	15	structure	structure	NOUN
escjerps-2131	211	16	and	and	CCONJ
escjerps-2131	211	17	performance	performance	NOUN
escjerps-2131	211	18	.	.	PUNCT
escjerps-2131	212	1	international	international	ADJ
escjerps-2131	212	2	journal	journal	PROPN
escjerps-2131	212	3	of	of	ADP
escjerps-2131	212	4	academic	academic	ADJ
escjerps-2131	212	5	research	research	NOUN
escjerps-2131	212	6	in	in	ADP
escjerps-2131	212	7	economics	economics	PROPN
escjerps-2131	212	8	&	&	CCONJ
escjerps-2131	212	9	management	management	PROPN
escjerps-2131	212	10	sciences	sciences	PROPN
escjerps-2131	212	11	,	,	PUNCT
escjerps-2131	212	12	9(2	9(2	NUM
escjerps-2131	212	13	)	)	PUNCT
escjerps-2131	212	14	,	,	PUNCT
escjerps-2131	212	15	8188	8188	NUM
escjerps-2131	212	16	.	.	PUNCT
escjerps-2131	213	1	bingilar	bingilar	ADJ
escjerps-2131	213	2	paymaster	paymaster	PROPN
escjerps-2131	213	3	f.	f.	PROPN
escjerps-2131	213	4	,	,	PUNCT
escjerps-2131	213	5	et	et	PROPN
escjerps-2131	213	6	.	.	PUNCT
escjerps-2131	214	1	al	al	PROPN
escjerps-2131	214	2	.	.	PROPN
escjerps-2131	215	1	(	(	PUNCT
escjerps-2131	215	2	2021	2021	NUM
escjerps-2131	215	3	)	)	PUNCT
escjerps-2131	215	4	“	"	PUNCT
escjerps-2131	215	5	capital	capital	NOUN
escjerps-2131	215	6	structure	structure	NOUN
escjerps-2131	215	7	and	and	CCONJ
escjerps-2131	215	8	financial	financial	ADJ
escjerps-2131	215	9	performance	performance	NOUN
escjerps-2131	215	10	of	of	ADP
escjerps-2131	215	11	oil	oil	NOUN
escjerps-2131	215	12	and	and	CCONJ
escjerps-2131	215	13	gas	gas	NOUN
escjerps-2131	215	14	companies	company	NOUN
escjerps-2131	215	15	listed	list	VERB
escjerps-2131	215	16	on	on	ADP
escjerps-2131	215	17	nigeria	nigeria	PROPN
escjerps-2131	215	18	exchange	exchange	PROPN
escjerps-2131	215	19	group	group	NOUN
escjerps-2131	215	20	.	.	PUNCT
escjerps-2131	215	21	”	"	PUNCT
escjerps-2131	216	1	international	international	ADJ
escjerps-2131	216	2	journal	journal	NOUN
escjerps-2131	216	3	of	of	ADP
escjerps-2131	216	4	business	business	NOUN
escjerps-2131	216	5	and	and	CCONJ
escjerps-2131	216	6	management	management	NOUN
escjerps-2131	216	7	invention	invention	NOUN
escjerps-2131	216	8	(	(	PUNCT
escjerps-2131	216	9	ijbmi	ijbmi	PROPN
escjerps-2131	216	10	)	)	PUNCT
escjerps-2131	216	11	,	,	PUNCT
escjerps-2131	216	12	10(08	10(08	NUM
escjerps-2131	216	13	)	)	PUNCT
escjerps-2131	216	14	,	,	PUNCT
escjerps-2131	216	15	42	42	NUM
escjerps-2131	216	16	-	-	SYM
escjerps-2131	216	17	54	54	NUM
escjerps-2131	216	18	.	.	PUNCT